Alabama’s row crop producers are seeing rising prices and a positive crop market outlook, alongside producers throughout the United States. Alabama Cooperative Extension System Economist Wendiam Sawadgo said prices are definitely higher than the ones producers have seen in...
As the pandemic continues, the peanut market has been relatively quiet for growers and shellers. Buyers have good coverage for 2021, and shellers are not being aggressive to sell with higher prices looming.
But changes in the peanut market are...
As COVID-19 spikes a second time, the European Union has announced a 25% tariff on U.S. peanuts and other products. The tariff went into effect on Nov. 10, 2020, as authorized by the World Trade Organization, but the market...
COVID-19 is bringing more stress and worry to the agriculture picture. If there is a positive in this, it is that demand for peanuts and peanut butter will increase as more people are eating at home. The easy-to-use, nutritious,...
The U.S. market is in a “wait and see” mode. The Southeast, where 70% of peanuts are grown, is experiencing hot and dry conditions, one of the longest such periods in history.
Early planted peanuts were considered good, especially those...
As the 2019 peanut crop gets planted, markets remain quiet. Buyers are aware that carry forward numbers are high and so there is no urgency to book any additional peanuts. Buyers at home and abroad are open to offers...
Peanut production in 2018 in the United States was 2,730,800 tons. The 23 percent reduction from the previous year was a move in the right direction to balance the U.S. supply with world demand.
However, it is now apparent that...
The 2019 peanut market for farmers was already weak because of a large carry-over from the 2017 and 2018 crops. Production in 2018 was estimated at 5.46 billion pounds, (2,730,800 tons) down 23 percent from 2017.
Planted area was estimated...
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