Pecans are moving on up. Like many other types of fruits, vegetables or nuts, the commercial pecan industry has a referendum, which closed on March 30th, to determine if a USDA marketing agreement and order for pecans will be established.
The order affects southern pecan growers— cold weather and pecans don’t mix— from the western states of California, New Mexico, and Arizona; the west south-central states of Texas, Oklahoma, Arkansas, and Louisiana; the Midwest states of Kansas and Missouri; the east south-central states of Mississippi and Alabama; and the southeastern states of North and South Carolina, Georgia, and Florida. If the order is passed, pecan handlers would be assessed a fee to pay for its activities. It would be administered by a council made up of 17 handlers and growers, nominated by the pecan industry and the USDA. Like other marketing orders, the USDA would oversee activities.
The pecan marketing order would be responsible for collecting industry data, conducting research, and promoting pecans to consumers and trade partners. Such orders are governed by the Agricultural Marketing Agreement Act of 1937. It benefits pecan growers and handlers by giving pecan industry members the authority to “recommend grade, quality and size regulation, as well as pack and container regulation, subject to approval by the Department of Agriculture (USDA).” Essentially, the marketing order allows the pecan industry to join ranks, level the playing field, and to have a greater control over the sale of their product. The USDA should announce the results of the pecan marketing order soon.
AgAmerica Lending applauds the efforts of hard-working individuals trying to improve their industry. We’ve long been on the side of America’s growers and producers, and we offer a level playing field in farm ag loans to ag producers big and small. We’ve helped the nation’s farmers and ranchers— of any size— grow their agribusinesses with our low interest rates, long amortizations, and outstanding 10-year line of credit.
For more information on a pecan land loan, contact us.
Photo courtesy of UGA Pecan Extension.