Pecan prices soar as foreign demand increases - WALB.com, South Georgia News, Weather, Sports

Pecan prices soar as foreign demand increases

LEE CO., GA (WALB) - Growing demand for pecans in China is leading to record prices here in the US. Prices have continued to increase the last few years, to as much as $4 per pound.

Experts say this demand has led to larger groves and more pecan trees. Those trees take about 8 years to produce pecans.

"Hopefully demand will hold up and these pecans will have a market, have somewhere to go at a good price," said Lee County Extension Agent Doug Collins.

Collins said the drought in California could lead to premium for Southern pecans this year as well.

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