The 2018 peanut market for farmers was already weak because of a large carryover from 2017. The cotton amendment in the recent U.S. budget resolution has jolted the peanut market and changed the dynamics for 2018. Generic base, which...
USDA’s National Agricultural Statistics Service has lowered the peanut crop estimate for 2017. The early prediction of 3,819,500 tons may have been possible until the hurricane and late drought caused the peanut crop to shut down. Scientists are still...
Making plans for the 2018 peanut marketing year will be difficult. All markets are aware that we have a few too many peanuts. The U.S. peanut crop for 2017/18 was revised down 2 percent in the November Crop Production...
Wow. What a peanut crop! It is difficult to be critical of over production knowing that the world needs your nutritious product to help solve hunger. One in every nine people goes to bed hungry each night. One cannot...
Peanuts are a shining star in the agricultural “tool box” as growers have been offered reasonable early contracts and the world is demanding more peanuts. Producers are usually optimistic when they smell fresh-plowed dirt and can look forward to...
Peanut farmers prepare for the 2017 peanut crop in good condition, marketing wise. There is no surplus of 2016 crop peanuts, except for a few lots with European Union edible quality, mostly jumbo runners. The market is very tight...
The final numbers are almost in on U.S. peanut production from 2016. USDA predicted 2,842,305 farmer-stock tons, while the Federal Crop Inspection Service has counted 2,770,299 tons. The numbers are short of the October prediction of 3,155,100 tons.
Lack of...
Down on the farm, producers are somewhat optimistic as domestic and export demand for peanuts remains strong. Other commodities do not produce such optimism, but prices have improved since Trump was elected President. Peanut producers need a strong crop...
Demand For U.S. Peanuts Remains Strong At Home And Abroad
The peanut nation has experienced some unusual occurrences that may impact the growth and expansion of the U.S. peanut industry for years. In producing the 2016 crop, these challenges came...
Who Would Have Guessed This?
The American peanut industry has just experienced one of the most amazing marketing years in history. Based on USDA estimates and with the industry facing an unusually large carry-forward, prices were reduced throughout the industry...
A more modern warehouse facility in Vienna, Ga., will mean more efficient unloading and enhanced quality.
The increase in peanut tonnage over the last decade has heightened the need to modernize peanut processing facilities. Golden Peanut and Tree Nuts is...
The peanut market is often difficult to read, evaluate and especially to explain. The markets for farmer-stock peanuts have little or no impact on the shelled-market price at the sheller level. The export market for the farmer is lost...
The U.S. peanut market is getting mixed signals at home and abroad causing the producers to be concerned as to how to manage under the present peanut program. The Commodity Credit Corporation is successfully moving ahead with selling or...
The U.S. peanut industry is adrift in a growing, uncharted fog. The Farm Bill has caused an expansion in acreage, which resulted in great surplus, and a lack of strategic planning has failed to keep all segments in a...
Unless the Southeast region of the peanut belt experiences a weather disaster, such as a drought or a major flood, peanut prices will likely stay flat during the 2016 growing season and beyond. Shellers are using every way possible...
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