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References: #The Wall Street Journal #Savannah Morning News
Peca-what? Southern pecan prices jump thanks to Chinese appetite
Ah, the pecan: Few things evoke Southern lore more than the soft nut and its namesake pie and sugary praline counterpart.
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And thanks to a fluke in pecan v. walnut prices a few years back, the Chinese appetite for the Southern nut is booming and now consumes some 25% of the American production, nearly doubling the price and putting a damper on many businesses that embrace it.
The Wall Street Journal has a nice written and video report on the news (get that here), and The Savannah Morning News has a report on how the change is bumping Southern business (read that here).
Ken Hawkins Ken is a Lowcountry native and has more than 10 years of journalism experience with a strong background in information visualization. He is a founder of … More
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