1: Analysis on pecan nuts inventory in 2017

As price of pecan nuts hovers around historical high records, many buyers concern the trend of pecan nut afternoon market. In terms of inventory, the latest report of cold storage shows the cold storage amount in last December increased 16%.

Without doubt, since the price rises continuously after January, the entire industry keeps still, leading to slight reduction of price. However, data shows currently farmers have sold about 85% output.

2: Sales situations of US Pecan nuts

Some domestic experts of USA predict that the US pecan nuts consumption in 2017 will lower 10%, while data of US dealers shows pecan consumption has reduced about 30% in USA, pressuring continuous price rise in the future.

The other vast variable of current market is from Mexico. The Mexican exporters are anxiously waiting and wondering how President Trump will revise former NAFTA agreement between USA and Mexico, which may affect tariff collection in Mexico. Most pecan nuts of Mexico are exported to USA, reaching 180-200million pounds.