Chinese craving for our nuts bad for us?
"“We are now at the highest prices ever in the history of the pecan industry for pecan meats and yet we have one of the largest supplies ever,” said Mr. Zedan. “All because of China.”
Mr. Zedan said the higher prices had not yet been felt strongly in American supermarkets, partly because many large buyers bought pecans last year on contracts negotiated at lower prices, before the market soared. That could change later this year. Mr. Zedan said higher prices might eventually lead ice cream makers in the United States to skimp on the nuts in butter pecan ice cream. And pecan pies might be selling at a premium this fall."