Tag Archives: china

Lack Of Contracting Puts Producers In Unfamiliar Position

peanut harvest

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 of 2019 crop, but most shellers are off the market as farmers are unwilling to contract at the sheller’s offer of ... Read More »

All Eyes Will Be On 2019 Planting Intentions

peanut containers on dock

A peanut broker recently told farmers that the price of peanut kernels was indicating to shellers that we will need fewer peanuts in 2019 than was handled in 2018. This is because of weak domestic demand and uncertainty with respect to exports. That could change, but thus far, the market is urging a cutback. That about sums up the market ... Read More »

Changes May Be On The Horizon, But For Now An Oversupply Makes For A Stagnant Market

By Amanda Huber — Despite the fact that Congress passed a budget agreement and disaster aid package that eliminates generic base, it doesn’t negate the fact that there is an oversupply of peanuts going into the 2018 planting season. Dell Cotton, Peanut Growers Cooperative Marketing Association, and Nathan Smith, Clemson University Extension ag economist, offer a more complete look at ... Read More »

Many Uncertainties Remain As Planting Approaches

USDA’s National Agricultural Statistics Service has lowered the peanut crop estimate for 2017. The early prediction of 3,819,500 tons may have been possible until the hurricane and late drought caused the peanut crop to shut down. Scientists are still scratching their heads a bit at what caused the fairly significant yield reduction. The final crop estimate was still a record ... Read More »