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

Can Latinos Swing Arizona?

Jose Barboza was up early on March 22nd, the day of the Presidential primary in Arizona. Barboza, a twenty-four-year-old undocumented immigran…

Published: July 25, 2016 - 6:31 pm @ http://www.newyorker.com/magazine/2016/08/01/promi…

Drew Stanton, Arizona Cardinals donate gear to protect high school players' ribs, internal organs

With so much focus on concussions and CTE, we often forget about the rest the body when it comes to football injuries. EvoShield is a sports p…

Published: July 25, 2016 - 6:31 pm @ http://www.abc15.com/sports/sports-blogs-local/dre…

WNBA Rescinds Fines For Wearing Black Lives Matter Warm-up Shirts

The WNBA has reversed its decision to fine several teams for wearing black t-shirts as a response to recent police shootings, president Lisa B…

Published: July 25, 2016 - 5:59 pm @ http://dcist.com/2016/07/wnba_rescinds_fines_for_w…

Body found at Arizona State campus

PHOENIX — Police at Arizona State University were investigating the discovery of a body found on the Tempe campus early Monday morning. Campus…

Published: July 25, 2016 - 5:55 pm @ http://ktar.com/story/1194824/body-found-at-arizon…

Democratic National Convention: Day 1 updates

July 25, 2016 The Democrats are starting their their nominating convention in Philadelphia. That comes just a few days after Wikileaks release…

Published: July 25, 2016 - 5:55 pm @ https://www.washingtonpost.com/news/post-politics-…

Activists protest no charges for Arizona officer in shooting

PHOENIX (AP) — A small group in Arizona on Monday protested a decision not to charge a police officer in the shooting death of a woman accused…

Published: July 25, 2016 - 5:34 pm @ http://bigstory.ap.org/article/3027ee32efbc4f49b39…

A day of humiliation for party chair underscores Democratic divide

“Shame!” people in the room jeered as the congresswoman addressed a Monday breakfast of the Florida delegation. “Shame!” It was a cringeworthy…

Published: July 25, 2016 - 5:34 pm @ https://www.washingtonpost.com/politics/a-day-of-h…

National Weather Service Watch Warning Advisory Summary

2 products issued by NWS for: Phoenix AZ URGENT - WEATHER MESSAGE NATIONAL WEATHER SERVICE PHOENIX AZ 507 PM MST MON JUL 25 2016 ...BLOWING DU…

Published: July 25, 2016 - 5:25 pm @ http://forecast.weather.gov/showsigwx.php?firewxzo…

Thomas Sutherland, the Magnanimous Hostage

In 1984, I used to visit Tom Sutherland and his wife, Jean, after running on the track at the American University of Beirut. They had dared to…

Published: July 25, 2016 - 4:57 pm @ http://www.newyorker.com/news/news-desk/thomas-sut…

The Game is Up

My dearest brothers, sisters, & others — Today, I write to you from Philadelphia, in a cafe near City Hall, where some of the first marche…

Published: July 25, 2016 - 4:34 pm @ https://johnlaurits.com/2016/07/24/the-game-is-up-…

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…