Rainy Summer Affects Pecan Prices
One Greenville Farmer says the season was backwards for pecans and that could affect holiday prices for treats and meals.
The pecan harvest is not turning out as well as some people hoped according to the manager of the Quality Co-Op in Greenville, where they buy pecans from local growers. He says they paid nearly 90 cents per pound last year for pecans, but will be starting at nearly 30 cents less this year.
"I think this year, due to a lot of rain and fungus, the pecan crop isn't going to be quite as good as it has been in the past," says J. Ryan Williams, Quality Co-Op Manager.
John Fuller, the manager of McGowin Farm, says the wet summer cost them thousands in sprays and upkeep to combat diseased pecans from too much moisture, but they were able to save their harvest and produce a good quality crop.
"I know of other crops that are the same size, couple of them a little bit bigger, that have lost their whole crop and it's because they didn't, or weren't able to get in there and spray," says Fuller.
Priester's Pecans says that it raises their costs when there is such a shortage of quality nuts. And one of the owners says that could affect the prices for holiday shoppers for the next few years.
"The prices are going to be a little higher this year, but there's a big supply of pecans from last year, so overall, leading into these holidays, I don't think the prices are going to go very high, but next year and possibly the next we may see higher prices," says Thomas Ellis, a Priester's Pecans Co-Owner.
Ellis also says their prices may rise nearly 10% on holiday goods this year because of high prices for the small crop of quality pecans.