Georgia Pecans:

Moderate deliveries, export interest widens

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THOMASVILLE Shipping Point Prices as of November 10, 2009

Provided by: Fruit and Vegetable Market News, Federal-State Market News Service, USDA.

GEORGIA PECAN REPORT (via Thomasville, Georgia)

Deliveries by growers to date have been moderate.

Interest has picked up from other areas as well as import sales. China is wrapping up with their purchases and are preparing to have the nuts in transport and delivered prior to the Chinese New Year celebration. There are still some ongoing negotiations taking place at this time, while interest from India has entered the picture. It is unsure where the market is heading and some buyers are waiting to see if it stabilizes or continues to decrease before deciding to purchase more nuts.  

Accumulation buying points reported  moderate offerings of yard tree sales with several Improved varieties offered along with Seedling/Natives. Offerings of larger lots tapered off but lots under 20,000 pounds increased. There is a wide range of quality in the nuts offered for sale, creating a wide variance in prices paid. From the commercial shellers, demand was fairly good for nuts with appropriate unit count and good quality, while moderate for others. Buying interest is still mostly from the gift pack sector looking for a few lots of high quality nuts and good unit count.

For lots less than 20,000 pounds with appropriate unit count  and purchased on a meat cost basis, lots of Blends with a meat yield of 49-50% sold in a range of about $2.69-2.73 per point, while lots of fair quality with a meat yield of 46-47% sold for about $2.39-2.40 per point. 

Lots of Desirables and meat yield of 48-50% sold in a range of about $2.40-2.70 per point, lots with a meat yield of 53% or better sold in a range of about $2.70-3.06 per point.    Deliveries and purchase of lots of other

Improved varieties in lot sizes over 20,000 pounds with appropriate unit count, lots of Lots of Desirables with a meat yield of 51-53% sold in a range of about $2.95-3.08 per point (fair quality/high unit count $2.18-2.56 per point).

Lots of Stuarts with a meat yield of 49-51% sold in a range of about $2.61-2.82 per point, lots with a high unit count sold for about $2.34 per point.

Prices paid to growers (from noon Thursday, November 5, 2009 through late afternoon Tuesday, November 10, 2009) at buyers delivery point or f.o.b. the orchard including direct sales to end users, cents per pound in-shell of generally good quality in lots of 20,000 pounds or less unless otherwise stated.

Blends 46% meat yield 110, 49-50% meat yield 135

Cape Fear yard tree lots of generally good quality 90-110

Desirables  48-50% meat yield 120-132, 53%  meat yield or better 162, yard tree lot of generally good quality 80-90 fair quality 70

Moneymaker  yard tree lots of generally good quality 60-65, fair to poor quality 30-45

Schley yard tree lots of generally good quality 80-90 occasional higher Seedling yard tree lots of generally good quality 60-70 mostly 60, fair quality 40-50 Stuart (deliveries very light) yard tree lots of generally good quality 75-90, fair quality lower

Lots in excess of 20,000 pounds including trailer load lots: Desirables 51-52% meat yield 153-154, 53% or better 163 Stuart 49-54% meat yield 126-138