Program Sign Up Underway The enrollment period for selecting Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs was announced by USDA FSA Administrator Val Dolcini. Producers on farms with base acres should visit their county FSA office to enroll in one of the programs for the 2017 crop year. The enrollment period will continue until Aug. 1, 2017. ... Read More »
New Members On Standards Board Agriculture Secretary Tom Vilsack has appointed three peanut producers and three industry representatives to serve on the Peanut Standards Board. All will serve three-year terms of office ending June 30, 2019. Secretary Vilsack appointed the following members: For the Southeast, producer Dwight Stansel, Wellborn, Fla., and industry representative John T. Gray III, Williston Peanut Inc., ... Read More »
Streamlining Acreage Reporting USDA officials have announced that farmers and ranchers filing crop acreage reports with the Farm Service Agency (FSA) and participating insurance providers approved by the Risk Management Agency (RMA) can now provide the common information from their acreage reports at one office, and the information will be electronically shared with the other location. This new process is ... Read More »
June 25-29, 2016 – USA Peanut Congress, Charleston Place Hotel, Charleston, S.C. Go to www.peanut-shellers.org for info. July 12-14, 2016 – American Peanut Research and Education Society Annual Meeting, Hilton Clearwater Beach, Clearwater, Fla. For information: www.apresinc.com. July 14, 2016 – Sunbelt Ag Expo Field Day, Moultrie, Ga. Registration at 7:15 a.m. Trams start at 8 a.m. Complimentary breakfast and ... Read More »
AgriLogic Farmer Survey AgriLogic Consulting, LLC, is conducting a survey regarding the performance of the Peanut Revenue Federal Crop Insurance Policy. This program was developed by AgriLogic Consulting in cooperation with peanut grower organizations, industry experts, peanut brokers and the United States Department of Agriculture Risk Management Agency. The result of these efforts was the development of an insurance program ... Read More »
Fewer Peanut Acres Predicted USDA’s Agricultural Statistics Service issued the first crop acreage estimate late March and predicted peanut acreage to be down 9 percent. According to the report, producers intend to plant 1.48 million acres in 2016 versus last year’s 1.62 million acres. The expected decrease in planted area, per USDA, is largely driven by price concerns due to ... Read More »
U.S. Peanut Crop Value According to USDA’s National Agricultural Statistics Service, the price of peanuts averaged 19 cents per pound or $380 per ton last season, 13.6 percent lower than 2014. The value of the 2015 peanut crop at farm level is $1,186,903,000, a 2.3 percent increase from 2014. The highest average price was paid in North Carolina at $474 ... Read More »
Purchasing Commodity Certificates The U.S. Department of Agriculture has announced that producers who have crops pledged as collateral for a marketing assistance loan can now purchase a commodity certificate that may be exchanged for the outstanding loan collateral. The authority is provided by the 2016 Consolidated Appropriations Act, legislation enacted by Congress in December. Commodity certificates are available beginning with ... Read More »
Program Enrollment Now Open Although a producers’ choice between Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) is completed and remains in effect through 2018, producers must still enroll their farm by signing a contract each year to receive coverage, says Farm Service Agency administrator Val Dolcini. The enrollment period will continue until Aug. 1, 2016. Producers are encouraged ... Read More »
CRS Completes Program Review The Congressional Research Service has issued an updated review of the peanut program and explains how the new program favors peanut production on generic base acres. Almost all peanut growers selected the Price Loss Coverage (PLC) program because they expected it to provide higher payments and greater risk protection than would be available under Agricultural Risk ... Read More »
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