Market Watch

Market Watch

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 »

Market Watch

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 »

Market Watch

A consistent, high quality, affordable supply is needed BY TYRON SPEARMAN CONTRIBUTING EDITOR A combination of factors worldwide, including strong cotton markets, poor quality from 2010 crops and record consumption, has caused peanut prices to dramatically increase in the last six months. While some analysts predict a shortage of peanuts next season, numbers from USDA do not support this, unless ... Read More »

Contracting varies from zero acres to 110 percent of last year

BY TYRON SPEARMAN CONTRIBUTING EDITOR Kick off for the new season is just around the corner. Many producers have their plan-of-action in mind, but more than likely, most farmers will be versatile enough to change plans if needed. It is an exciting time for farming, but, after all, farmers tend to be more optimistic this time of the year anyway. ... Read More »

Market Watch – If the cotton market goes higher, peanut offers may increase

BY TYRON SPEARMAN CONTRIBUTING EDITOR Markets for key commodities grown in the peanut belt are doing some crazy things this fall, and the excitement is spilling over into the peanut market. Two years ago, it was the corn market and the expansion of ethanol that had corn competing for peanut acreage, but now it’s the cotton market. World demand for ... Read More »