The American peanut industry has been jolted by the low prices caused by increased acreage, increased yields and a generic base from cotton that resulted in even more peanut acreage.
Because other commodities that could compete with peanut acreage offer...
Decisions, decisions, decisions. A producer’s goals include protecting the land and crop potential production with recommended crop rotation, surviving the lowest commodity prices in recent memory while reducing the cost of production so a profit shows at harvest, and...
Producers have a better understanding of the 2014 Farm Bill after a full-year cycle under the Price Loss Coverage (PLC) program, which 99.7 percent of peanut producers chose. Farmers have always evaluated prices of commodities to determine the most...
Down on the family peanut farm, there is much unhappiness. Commodity prices are the lowest in two decades; peanut contracts are at or below the cost of production, and that’s if you can find one. Input costs were higher...
The U.S. peanut industry has experienced an unusual start for 2015. Seed quantities were good and quality was mostly good as well. There were some problems getting accurate information on germination and the process was slower than normal. Weather...
The peanut market seems to be singing the same song, second verse, and will likely remain quiet until the industry has a better handle on acreage. Until then, sunshine has arrived, and while producers feel the season is late,...
The peanut stage is set. Producers across America have studied the 2014 Farm Bill, selected their coverage options and worked to establish the facts they’ll work by. Federal Crop Insurance has been improved for peanuts, and agents have worked...
Make sure your seed are certified and properly handled
The American peanut industry is poised for growth and expansion. Analysts are predicting a 20 to 25 percent increase in acreage for the 2015 season. Since farmers learned more about Price...
The real peanut market has been quiet as industry players strive to determine their future in the U.S. peanut business. Farmers have been studying the new Market Assistance Loan program and the new rules that were issued from the...
The U.S. peanut industry is poised for disaster if farmers plant wall to wall peanuts. All the talk is that peanut acreage will be back to 2012 levels or above, a 25 to 30 percent increase. Peanut prices are...
It was an odd year in row-crop agriculture, especially in the Southeast. Some producers had two months of too much rain, then two months with little or no rain and two months of unusual harvest conditions ripe with various...
The U.S. peanut market wants to grow and expand, but the market's dynamics seem to have adjusted to one step forward and two steps back. The industry tries to minimize risks, but many unknowns have all segments nervous, and answers are needed so a true, fair market can prevail.
Lots of questions remain to be answered on the 2014 crop. How has drought impacted quantity and quality in Georgia, Florida, Alabama and South Carolina where 80 percent of the peanuts are grown? How bad will aflatoxin be? Can U.S. peanuts meet European Union quality requirements and keep that momentum?
Blanching capacity is maxed out and on-time delivery may be a problem. The logistics of keeping good quality irrigated peanuts separate from dryland peanuts is a challenge at the buying point and sheller. Another unknown is farmer-stock contracts. Today, peanut contracts are a mystifying dilemma. The shellers are trying to find a balance...buy a reasonable supply of peanuts at a reasonable price for their customers while keeping the farmer profitable.
Uncertainty in the peanut market created by the Farm Bill and the lack of profitable alternatives has peanut farmers worried about the future and where the industry is headed.
USDA further doomed market potential by estimating that U.S. peanut acreage...
The approval of the Farm Bill by the House and Senate and with the President's signature will eventually, and hopefully, eliminate some uncertainty in the industry and help make peanut markets more transparent to the grower. However, writing about...
By J. Tyron Spearman
Contributing Editor
With the 2012 crop still being shelled and a 2013 crop stored and ready for shelling, supply has caused a lull in any excitement. Other commodities seem to be experiencing the same problem.
Farmers are hoping...
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