A lower-than-estimated planting report could bring markets to life By J. Tyron Spearman Contributing Editor The 2013 U.S. peanut crop is off to a slow start. Producers faced a cold spring and markets that were just as disappointing. Many farmers wanted to plant corn, but after conditions were too cold and too wet, they waited to plant peanuts or cotton. ... Read More »
No contract offers to encourage peanut planting By J. Tyron Spearman Contributing Editor Every peanut year is different. But 2013 is mounting to be the most unusual in the history of the peanut industry. Planting has begun in most regions without any signing of contracts, and never before has China been a prominent factor in the peanut market. Plus, it ... Read More »
Cool weather late affects early planting decisions, crop acreages By J. Tyron Spearman Contributing Editor The U.S. peanut industry seems to be in a state of flux, waiting for markets to signal the next move. Farmers are poised to plant another peanut crop after Old Man Winter delivered water and filled reserves for a change, especially in the Southeast and ... Read More »
The peanut market: the good, the bad and the really big questions By J. Tyron Spearman Contributing Editor Contracts for peanuts are normally offered by shellers before the start of the New Year, and peanut producers can start their planning for the new season. Not this year. The industry seems to be in a holding pattern, hoping and praying that ... Read More »
Could exports whittle carry-over down to a manageable amount? By J. Tyron Spearman Contributing Editor Trends in the peanut world are certain to change the future. A record crop in 2012 of more than 3,400,000 tons has resulted in low prices at home and abroad. A drought in India last year, plus changes in their regulations, have brought Chinese buyers ... Read More »
2013 Begins With Need For Patience As Market Develops By J. Tyron Spearman Contributing Editor The U.S. peanut industry has been in an over-supply position before and worked out of it. Production of 3.2 million tons is more than anyone predicted, and with the struggling economies at home and abroad, it may take longer to solve this dilemma. The good ... Read More »
What will we do with a 3 million ton crop? BY J. TYRON SPEARMAN CONTRIBUTING EDITOR Peanut farmers will harvest the largest crop in history. Couple an ideal growing season with new, higher yielding varieties and little disease and insect pressure and you’ve got the recipe for a good crop. Excitement About 2012 Crop When peanuts hit $1,000 per ton ... Read More »
Balancing supply with demand is the key to sustained prices. BY J. TYRON SPEARMAN CONTRIBUTING EDITOR Water and balance are two keys to the 2012-2013 peanut market. The Southeast and Southwest are starting the season with moisture levels at record lows and rainfall during the season will be required to make the crop. If rains occurs, then balancing supply with ... Read More »
Will contracts return? Will usage continue up with double-digits? BY J. TYRON SPEARMAN CONTRIBUTING EDITOR Marketing peanuts at the farm level this season has been a wild ride, ignited when a perceived peanut shortage from the 2011 crop caused shellers to increase shelled prices almost 85 percent, from 70 cents per pound to $1.30 per pound, resulting in farmer-stock contracts ... Read More »
Will the crop be short and affect demand with higher prices? BY TYRON SPEARMAN CONTRIBUTING EDITOR A perceived peanut shortage and early signs of quality problems have sent the industry into a pricing frenzy. The impact could change the way the peanut market operates. A 13 percent decrease in planted acreage, coupled with a hot, dry summer, prompted USDA to ... Read More »
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