One would describe the peanut market as quiet, very quiet. Buyers have booked enough peanuts to cover their needs for now, and most have withdrawn from the market waiting on a more accurate planted acreage number for 2021. Farmers...
Cool Conditions Push Southeast Planting Later
Last year, it was predicted that the coronavirus would be the biggest threat to the global economy ever. It was also thought the peanut industry would suffer from lost markets including closed schools and...
Farmers are ready to get back to work in the fields. Fortunately, the nature of farm work meant that it was able to continue through the pandemic mostly as normal. Both farmers and industry organizations are anxious to return...
Trading in the U.S. market is relatively quiet with movement only on small quantities as buyers take a wait-and-see attitude toward the new crop. A planting intentions report was due at the end of March.
Farmers holding out on contracting...
The 2021 season opens with lots of positive trends. The pandemic is winding down as vaccine distribution continues. Row-crop farm prices have increased going into planting season with cotton near 85 cents per pound and corn over $5 per...
As the pandemic continues, the peanut market has been relatively quiet for growers and shellers. Buyers have good coverage for 2021, and shellers are not being aggressive to sell with higher prices looming.
But changes in the peanut market are...
As COVID-19 spikes a second time, the European Union has announced a 25% tariff on U.S. peanuts and other products. The tariff went into effect on Nov. 10, 2020, as authorized by the World Trade Organization, but the market...
When COVID-19 hit, it took a while to understand the pandemic and the impact it would have on the peanut industry. With the economy shut down and families forced to stay at home, peanut butter and peanut snacks started...
Stress in agriculture has never been greater. Two major hurricanes, Irma and Michael, quality problems and now germination issues, low commodity prices, COVID-19 pandemic, riots and unrest in cities, talk of food shortages, a devastating court ruling on a...
The ongoing spread of the coronavirus has become one of the biggest threats to the global economy. The agricultural economy was already suffering from low commodity prices and they remain low as major markets are closed to potential buying....
COVID-19 is bringing more stress and worry to the agriculture picture. If there is a positive in this, it is that demand for peanuts and peanut butter will increase as more people are eating at home. The easy-to-use, nutritious,...
Never before has the U.S. peanut market been in such disarray with so many unusual circumstances as it is in 2020. The peanut market continues to rise with very thin trading volume. Prices for peanuts testing negative for aflatoxin...
The U.S. peanut market is said to be difficult with producers awaiting marketing signals on how many acres of peanuts to plant. Shellers are struggling to meet deliveries of current contracts and still show little interest to sell more...
The peanut market has firmed up slightly as shelling of the 2019 crop gets underway. The price for shelled runner peanuts has increased from 46 cents per pound in the early season to 56 cents per pound this month....
The wait and see feeling continues for the peanut industry. Peanut shellers are processing the 2019 crop. Brokers report that U.S. exports depend on the quality of Southeast-produced peanuts and how well the shellers will be able to handle...
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