Tag Archives: demand

Carryover Expected To Be In More Balanced Position

loading stored peanuts

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 it was not enough to move the market as demand for peanuts in the United States and the export market ... Read More »

Growing Carryover Tonnage Suppresses The Market

The peanut market is about as stirred up as a large jar of mixed nuts. Nationally, Congress is wavering on passing the Farm Bill. Trump continues to talk of unfair trade agreements and farmers are expecting retaliatory tariffs on farm products. Planting season was first facing a drought. Then, it rained for three consecutive weeks delaying the planting of about ... Read More »