Assessed kernel prices rose in the global pecan market during the week ending on Friday with harvests in parts of Mexico and the U.S. behind schedule, prompting sellers to withdraw from the market or raise offers.
Kernel prices declined in the global pecan market during the week ending on Friday even as a large U.S. supermarket solicited offers for millions of pounds of halves and pieces.
The Fancy Jr Mam H premium to W Wichita IS narrowed in the global pecan market during the week ending on Friday, underscoring the challenging economics for shellers as kernel demand subsided while inshell demand firmed.
The assessed Fancy Jr Mam H price leveled in the global pecan market during the week ending on Friday following a prior-week fall as the USDA estimated an 11% year-on-year drop in U.S. pecan production.
Prices for most assessed kernel items shipping from the 2022 crop declined in the global pecan market during the week ending on Friday as buyers in China purchased several million lbs of new crop inshell from Georgia.
Prices for assessed kernel items shipping from the 2022 crop fell in the global pecan market during the week ending on Friday as sellers showed increased interest in clearing inventory ahead of the new crop year in the U.S. and Mexico.
Prices for assessed kernel items firmed in the global pecan market during the week ending on Friday as trade activity increased and shellers estimated the upcoming U.S. crop at 303 million lbs.
Prices for assessed kernel items shipping from the 2022 crop declined in the global pecan market during the week ending Friday as sellers showed increased interest in moving inventory before the new crop arrives.
Prices for assessed kernel items declined in the global pecan market during the week ending on Friday as demand eased and trade activity for both kernel and inshell slowed.
