Thursday, March 12, 2026

Market Watch

Peanut Butter Continues To Be Our Rock Star

At a recent farm show, farmers were asking, “What are we going to do now?” Cotton and corn prices are lower than the cost of production. Soybean prices look better, but a farmer knows they are not good in...

Domestic, Export Markets Move In Positive Direction

The 2023 peanut season had many unusual challenges that tested producer’s management skills. In the Southeast and Virginia-Carolina regions, the season started with some dry, some wet, but overall cool conditions. The slow start had seed officials and others...

A Wait-And-See Attitude Envelops The Market

Peanut producers experienced an unusually rough start in getting the crop in the ground. In the Southeast, dry and relatively cool temperatures caused peanuts to emerge slowly. One Extension specialist says that the lack of heat units in the...

Tepid Response To Contract Offers

Cooler-than-normal temperatures at peanut planting time have also cooled off the peanut market.  At the farmer and buying point level, discussions have centered around the acreage estimate, cost of production, prices of competing crops, cost of producing competing crops and...

Could EU Purchases Help Firm Up The Market?

How many acres of peanuts will be planted in the United States and in the biggest state, Georgia? That’s what the market wants to know. With 50% of production coming from the Peach State, a 10% acreage increase is significant....

Single, Not Double, Digit Increase In Acreage Needed 

The peanut market remains quiet as farmers and shellers are unwilling to negotiate on farmer stock peanuts. With no buying from manufacturers, there is no urgency on the sheller side to issue a 2023 contract. How long will this...

Buyers Are Covered For Now, Leading To A Lackluster Market

The peanut market is and has been quiet for months. Manufacturers are not interested in 60 cents-per-pound peanuts and know that the industry has a good quality crop in warehouses, plus a 1-million-ton carryout. There seems to be downward...

The Market Is Quiet But Has Plenty Of Positives 

T he peanut market starts 2023 in an unusual position with fewer peanuts produced. Anytime there is a shortage, or even a rumored shortage, prices trend higher. The peanut producer wants to price peanuts when it reaches its peak. The...

Little Excitement For Early Contracting On 2023 Crop

Peanut producers look back at the 2022 crop questioning what happened. King cotton was competing for land with unbelievable prices at $1.30 per pound. With inflation rampant and cost of production steadily increasing, the grower worked to reduce inputs...

Inflation, Input Costs Weigh Heavy On 2023 Planning

Midway through the 2022 peanut harvest, farmers are disappointed and worried about the future.  Tomato Spotted Wilt Virus was more prevalent this season than in the past decade. Rains were feast or famine in many areas, and at one point,...

Strategic Planning Needed In These Trying Times

The peanut market is trending higher on extremely thin trading. Current raw-shelled peanuts are available in the high 50s. With all of the uncertainty in the economy and questions about the 2022 crop, shellers are not rushing to make...

More Than Half Of The 2022 Crop Remains Uncontracted

The peanut market remains quiet from both the buyer and seller side. There is availability for current crop in the mid-50 cents per pound, but no sellers for new crop. Buyers are aware that carryforward numbers are high, and...

Everything From War To Weather Affecting Markets

The peanut market is very quiet. Shellers have enough inventory to sell for the year but are remaining firm, which is garnering little interest, especially for the 2022 crop. Markets for raw product remain in the mid-50s. The standstill...

Most Growers Take A ‘Wait And See’ Attitude On Contracts

Farmers of all crops, including peanuts, are being blasted with uncontrollable problems as planting season gets underway. The world was turned upside down with the pandemic two years ago, and it seems life will never get back to normal. COVID-19...

Other Crop Prices, Input Costs Put Pressure On Peanut Market

A new year generally rings in fresh optimism as farmers look ahead to the next planting season. Yet, as 2021 was coming to an end, despite strong commodity prices, growers were increasingly concerned about the future. It’s like the coach...

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