Drought, demand from China drive up pecan prices - Ahwatukee Foothills News: Money

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Drought, demand from China drive up pecan prices

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, November 8, 2011 5:00 pm

Expect to pay more for pecan pie this Thanksgiving thanks to drought in parts of the South and big demand from China.

The average retail price for a pound of pecans rose from $7 in 2008 to $9 last year, and it's expected to be about $11 this year, said Jeff Worn, vice president of South Georgia Pecan Co., which processes 40 million to 50 million pounds of pecans a year in Valdosta, Ga.

The price increase has him and others in the industry worried that people will stop buying the nuts.

"In an already suffering economy, how long will people be able to pay that much for pecans?" asked Worn, whose customers include the Winn-Dixie and Publix grocery chains, big-box stores Sam's Club and Costco, and food manufacturers such as Russell Stover and Sara Lee.

Pecans are the only major tree nut native to the U.S., which produces about 80 percent of the world's crop.

The harvest season begins in the fall in Georgia and Florida and ends in February in New Mexico. Georgia is usually the biggest pecan producer. Other top states include Arizona, Louisiana, New Mexico, Oklahoma and Texas.

More about

More about

More about

  • Discuss

IoT: The Internet of Tomatoes

Views from the Marketplace are paid for by advertisers and select partners of MIT Technology Review. ADI hopes its pioneering agricultural exp…

Published: June 28, 2016 - 2:54 pm @ https://www.technologyreview.com/s/601793/iot-the-…

Olli: On-Demand Self-Driving Electric Bus

Published: BY: Olli, an on-demand, self-driving, 3D-printed electric shuttle bus, has been unveiled by Arizona-based start-up Local Motors. Cr…

Published: June 28, 2016 - 2:53 pm @ http://www.stylus.com/mbkzfv

» The Ag Removed Generation

Posted by admin on June 28th, 2016 | 0 Comments » Zoë Womack, Policy and Research Intern Between growing up in Arizona and traveling constantl…

Published: June 28, 2016 - 2:23 pm @ http://www.globalharvestinitiative.org/index.php/2…

QUIZ: Which Arizona Cardinals coach said it

Arizona Cardinals coach Bruce Arians is a wizard on the offensive side of the ball, while former Cardinals coach Buddy Ryan was a defensive gu…

Published: June 28, 2016 - 2:21 pm @ http://www.abc15.com/sports/sports-blogs-local/qui…

Edison announce new album, Familiar Spirit, premiere “The Good Fight”

Photo by Kristen Wrzesniewski Since forming in 2014, Colorado’s rising acoustic trio Edison have made touring an absolute priority. “We’ve bee…

Published: June 28, 2016 - 1:51 pm @ http://consequenceofsound.net/2016/06/edison-annou…

What's coming to Netflix, Amazon in July

Here's the full list of new movies and TV shows that will start streaming on Netflix and Amazon Prime Video in July 2016. "41 on 41" (2014) "A…

Published: June 28, 2016 - 1:20 pm @ http://www.abc15.com/news/national/whats-coming-to…

Darryl Glenn Might Break Out in Today’s Colorado Senate Primary

Three months ago, El Paso (Colo.) county commissioner Darryl Glenn had just over $11,000 in his Senate-campaign account. He had no paid staffe…

Published: June 28, 2016 - 1:21 pm @ http://www.nationalreview.com/article/437231/darry…

How to Have the Best Phoenix Summer Ever

Phoenix New Times A A We know. You know. Everyone knows. Summer's here. And rather than bemoan the season that brings record-breaking weather …

Published: June 28, 2016 - 12:53 pm @ http://www.phoenixnewtimes.com/arts/how-to-have-th…

What Guston Means to Me

Every artist has a list of heroes—forebearers who’ve saved their ass in moments of doubt in the studio. My list is short, starts with Masaccio…

Published: June 28, 2016 - 12:52 pm @ http://glasstire.com/2016/06/27/what-guston-means-to-me/

Everything coming to Netflix, Amazon Prime, and HBO Now in July

The battle between Netflix and Amazon may go on for decades to come, but Amazon strikes a distinct blow this month as it wrestles control of a…

Published: June 28, 2016 - 12:48 pm @ http://www.theverge.com/2016/6/28/12051008/netflix…

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…