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Pecan Prices Steady.

first_img“The new crop hasn’t arrived to retailers yet,” Florkowskisaid. “(The cold-storage pecans)are sold in large packages at a discount store. So the prices stay at least at last year’s level at retail outlets.”Though prices will remain stable, people may have to look harderfor pecans. “There will be probably fewer opportunities tobuy pecans at road stands or farmers markets because of the smallercrop,” Florkowski said.Quality Prices for farmers aren’t as stable as in the stores, he said.”Prices received by growers can change dramatically fromone season to the next,” Florkowski said. “Sometimesthey can double, and sometimes they drop by one-half.” Prices may rise in years of short supply, but not necessarilydrop in large-supply years. Because last year was an above-averageproduction year, a larger part of the crop was withdrawn and stored,waiting for prices to improve. Almond and walnut prices are moreresponsive to supply and demand.He said retail pricing strategies are outside nut growers’ control.They are just one part of the retailer marketing strategy.”If one looks at prices of most agricultural commodities,including pecans, prices after accounting for the rate of inflationhave been declining,” he said. “The decline is not steady,but certainly detectible after a longer period.”With an average pecan harvest of 100 million pounds, Georgia producesmore than half of the U.S. crop. Since pecans in stores now are coming out of storage, Florkowskiadvises shoppers to use these nuts first. It’s hard to tell howlong pecans are kept in storage and under what conditions. However,by using the nuts quickly, consumers can still enjoy the fullflavor.People wanting to freeze nuts for storage this year should waita few weeks. The fresher crop should be making its way to storesby then, he said. Fresh nuts are brighter, plumper and well filled.Competitors Keep Check on RetailPrices This year, a large supply of almonds, walnuts and other tree nutswill be in stores. These alternatives will keep pressure on pecanprices at consumer levels. Evidence shows that if people eat nuts,they will eat many types, Florkowski said.”Under such circumstances, price becomes a factor,”he said. “Consumers may substitute one variety for anotherif these are available. This seems to be the case this seasonwith almonds and walnuts priced at a level substantially belowpecan prices.”Prices More Volatile on the Farm Georgia pecan growers expect a smaller-than-average crop thisyear. But a carryover supply from last season should help meetdemand for the holidays, says a University of Georgia economist.Prices at stores should be about the same as last year’s.”I don’t think we can expect much movement of prices at retailthis year,” said Wojciech Florkowski, an economist with the UGACollege of Agricultural and Environmental Sciences.According to the Georgia Agricultural Statistics Service, growerswill harvest close to 80 million pounds of pecans this season.This is below last year’s production of 120 million pounds.Cold Storage Holds Prices Because the new crop hasn’t hit the stores, Florkowski said early-seasonprices are a little high.At some stores, shelled nut halves and large pieces are goingfor about $6.99 a pound, “which is not a bargain,” hesaid. These nuts have been in cold storage since last season. Photo: Brad Haire Due to an expected below-average production year, consumers will have to look a little harder for fresh pecans this season. last_img read more

The Masters: Tiger Woods takes ten shots on par-three at Augusta | Golf News

first_imgThe ten is Woods’ worst on any hole at The Masters by two strokes but unbelievably isn’t the worst score posted at the 12th hole in Masters history, with Tom Weiskopf racking up a 13 on the same par-three during the 1980 contest.Click on the video above to see Tiger’s ten on a par-three! – Advertisement – Tiger Woods recorded a ten at the par-three 12th, the highest score of his PGA Tour career Tiger Woods racked up his highest score on any hole at The Masters after putting three balls in the water at the par-three 12th during his final round at Augusta National. The 15-time major champion’s hopes of successfully defending his Green Jacket were already over as he started Sunday 11 strokes behind Dustin Johnson, only for his week to worsen when he reached Amen Corner’s iconic par-three.Woods was one over for his round when he arrived at the 155-yard 12th, where he spent an age deliberating over club selection before dunking his tee-shot into the water. Woods then bladed a chip from the sand over the green and finished in Rae’s Creek for a third time, with his eighth stroke also from the bunker and holding up on the fringe, with the five-time Masters champion then two-putting to rack up an ugly septuple-bogey ten. – Advertisement – 2:22 The 44-year-old headed to the drop zone and saw his third shot suffer a similar fate, finding the front of the putting surface and spinning back down the bank into the hazard, before Woods’ next effort – his fifth shot – went long and into the back bunker. Tiger Woods put three balls into the water on his way to a septuple-bogey ten at the par-three 12th during the final round of the Masters; Woods’ total is his worst ever on any hole at Augusta National By Ali StaffordLast Updated: 15/11/20 5:13pm Tiger Woods' ten took him to nine over for his round after 12 holes Tiger Woods' ten took him to nine over for his round after 12 holes