[…] The cost of pecans is fully exposed to the economic push and pull of supply and demand—the government doesn’t support pecan prices the way it does sugar prices, for instance. So when the most populous country in the world suddenly developed an insatiable and totally unprecedented hunger for pecans, demand skyrocketed. The price of pecans did, too. […]
Why Pecan Pies Have Gotten So Expensive
It’s China’s fault.
by Beth Goulart
November 26, 2013
See full story here.