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...
The 2021 season opens with lots of positive trends. The pandemic is winding down as vaccine distribution continues. Row-crop farm prices have increased going into planting season with cotton near 85 cents per pound and corn over $5 per...
Will consumers stick with the budget friendly protein as much in 2021?
• By Amanda Huber •
Market news offers many bright points. Consumption has hit record numbers. The quality of the 2020 crop is much better than 2019, and producers...
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,...
Never before has the U.S. peanut market been in such disarray with so many unusual circumstances as it is in 2020. The peanut market continues to rise with very thin trading volume. Prices for peanuts testing negative for aflatoxin...
The peanut market has firmed up slightly as shelling of the 2019 crop gets underway. The price for shelled runner peanuts has increased from 46 cents per pound in the early season to 56 cents per pound this month....
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...
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...
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...
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...
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