Pecan Nut Kernels; Market Update
Hurricane Michael was a very strong storm that ran through the heart of the Georgia pecan growing area last week. Production in the state of Georgia can represent almost 1/3 of the entire USA pecan crop. Field representatives are trying to assess the damage, but some areas have lost power and roads are blocked with fallen trees and power lines. It is certain that the high wind that accompanied this storm has reduced the potential of the pecan crops in the storm’s path. The question is to what extent.