The quantity was there to make Georgia’s 2020 pecan crop one of its best. However, the prices that farmers received per pound were well below average, as evidenced by the USDA Noncitrus Fruits and Nuts 2020 summary.
Georgia produced 147.5 million pounds in 2020; more than double its output in 2019 (73 million) and in 2018 (70 million).
The value of utilized production was $187.3 million in 2020. It was more than the $137.2 million in 2019 and $113.4 in 2018. It was a 102% increase in utilized production compared to 2019 and accounted for 48% of the country’s total production.
However, the price per pound averaged $1.27 in 2020, well below 2019’s price of $1.88 and the $1.62 in 2018. Because of low prices, the value of production only increased 36%.
The United States produced 305.3 million pounds of pecans in 2020, compared to 255.6 million in 2019 and 240.9 million in 2018.