Pecans

The global pecan market remains tight and firm as we move toward the close of 2025, with carry-in stocks at historically low levels. These limited starting inventories continue to place structural pressure on availability across the market.

Looking ahead, the outlook for the 2025/26 crop offers little relief. Early forecasts indicate production could be approximately 10–15% lower year on year, reinforcing expectations of a constrained supply environment. In response, growers remain reluctant to release inshell pecans, holding back volumes in anticipation of higher price levels.

Market conditions have been further impacted by adverse weather in both the United States and Mexico, two key producing regions. Combined with rising production and input costs, these factors have reduced the availability of high-quality pecan halves. At the same time, global demand continues to grow at a steady pace, particularly for premium applications.

Taken together, these supply-side constraints and sustained demand dynamics support a firm to bullish market sentiment, with pricing expectations remaining positive in the period ahead.