Market Watch

Market Watch

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 »

Market Watch

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 »

Market Watch

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 »

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 »