Pecan growers in Hartswater, Upington, and Kimberly are preparing for the largest pecan crop to ever come out of South Africa.
As the 2018 pecan marketing year gets underway pecan growers and pecan shellers are seeing growth on both sides of the market.
Pecan Market Outlook for South Africa
South African pecan growers have seen an increase in foreign buyers and increased prices for pecans. In preparation for this, South African pecan growers have responded with new pecan plantings across the country.
The upcoming 2018 pecan crop should be another record pecan crop in South Africa. Expected to come in at around 40 million pounds, this year’s crop will be the largest pecan crop ever to be produced by South Africa.
The South African pecan crop consists largely of Wichita, Choctaw, and Barton. With many of the Wichita orchards being young and just coming into production, a large portion of the Wichita will be oversized which is favoured by Asian markets. The crop is expected to be of good quality this year.
Pecan prices have fallen slightly over the last month but with demand steady and limited supply available, most pecan industry professionals expect prices to inch upward as the 2018 marketing season moves along.
Source: Farming Portal