Oklahoma Pecans: Light Demand, Deliveries, Lower Prices

    Deliveries by growers to buying points for Improved varieties was light and for Natives was fairly light. Demand has been moderate. Harvesting is expected to increase this week.

    The weather forecast for the balance of the week calls for temperature highs from the upper 30s to the mid 60s, and temperature lows from the mid 20s to the mid 40s. There is a chance of precipitation every day from Wednesday, January 8 through Sunday, January 12. There is no precipitation projected for Tuesday, January 7.

    Light offerings this period were mostly Blends. Supplies on Blends were too light to establish a market. Many growers have opted to put their remaining pecans in cold storage and plan to sell them at a later date.

    Buying interest displayed by end users was fairly slow for retail in-shell gift pack use, and for commercial sheller use as shellers utilize inventories on hand or make purchases from other production areas, as well as wait for additional availability of nuts. Trading was fairly slow for in-shell and gift pack uses. Prices are slightly lower.

    Prices paid to growers at buyers delivery points or F.O.B. the orchard (from noon Tuesday, December 31, 2013 to noon Tuesday, January 7, 2014) cents per pound in-shell of generally good quality in lots of 20,000 pounds or less unless otherwise stated.

    • Natives machine harvested 80-100 mostly 90, yard tree lots 50-70 mostly 55-70 occasional higher

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