Tuesday, February 16, 2016

Weather-related crop damage helps push pecan prices to near record high

Weather-related crop damage helps push pecan prices to near record high Western Farm Press By Greg Northcutt “It’s like nothing I’ve seen in my 31years as a grower and buyer of pecans,” says Phil Arnold, Las Cruces, N.M. He’s referring to the 2015 North American pecan crop, which is likely to fall about 90 million pounds short of what had been expected - a 550-million pound crop. Blame a series of widespread adverse weather and the impact of disease. At the start of New Mexico’s harvest, growers were offered about $2.20 to $2.30 per pound for their pecans. By mid-December, prices had risen anywhere from another 10 to 20 cents a pound and, by the second week of January as high as $3 or more per pound. More: http://westernfarmpress.com/tree-nuts/weather-related-crop-damage-helps-push-pecan-prices-near-record-high?NL=WFP-01&Issue=WFP-01_20160215_WFP-01_573&sfvc4enews=42&cl=article_2_b&utm_rid=CPG02000000650003&utm_campaign=8111&utm_medium=email&elq2=f0407770eb9543528596d4d3918d438d

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