International demand for America's pecans drives surge in prices
date:Nov 26, 2013
. You didn't have that 10 years ago.

Rising walnut prices drove the Chinese to less expensive pecans for treats for their Mid-Autumn Festival and New Year celebrations, though they are consumed year-round.

In 2007, the Chinese bought 47 million pounds of U.S. pecans, up from less than 1 million pounds in 2003. The Chinese bought more than a third of the 350 million pounds of U.S. pecans grown last year.

The United States produces 80 percent of the world's pecans, with orchards from the Caroli
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