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2017 Pecan Output Slightly Higher than Expectation

Pubtime:2017-11-17Author:Source: Hits:

From October 2016 to September 2017, the pecan output in the America is slightly higher than the prediction made by NASS in October 2016. Currently, the estimated output is about 268 million pounds, increasing 8% than last year. Although six less states have been included to output investigation, the total output is still larger than that in the previous year. 

The output in most of producing areas is improved. Higher output, inventory and import make overall supply of pecans in this year sufficient. Nonetheless, the strong market demand of pecans in the US, especially demand of overseas market, will guarantee price of US pecans. In addition to sufficient supply, the overall output of US pecans creates a new high record.

Since July, the export of accumulated unshelled pecans is 8% higher than last year, while of shelled pecans is 58%. Exports to many important overseas market, including North America, Europe, Middle East, East Asia and Southeast Asian, are all grew.