– Fuelled by concerns over the size of the imminent Vietnamese and also the West African new crop, this market is firm.
– The upwards momentum reported earlier this year has increased rapidly over this past 3-4 weeks.
– As previously reported, we continue to experience very tricky market conditions on Pecans – and with no positive end in sight any time soon.
– This market will in the short-medium term, continue to be driven by the Weather and Supply and Demand. After experiencing very warm early spring, there has also been reports of frosts.
Mark Setterfield – April 2016