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...
The U.S. Department of Agriculture is expected to begin making the second round of 2019 Market Facilitation Program payments the week before Thanksgiving to help farmers suffering from trade retaliations by foreign nations. Producers of MFP-eligible commodities will be...
It is not fake news to say that peanut markets are dead. As one broker explained, “As an industry, we must find a way to sell more peanuts.”
Domestically, we’re not going to turn this ship around anytime soon. As...
For a peanut farmer, it’s hard to get excited about 2018. Contract prices are down $100 per ton, or most of the possible profit, the generic base that allowed a base payment on peanut base and converted cotton base...
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...
The final numbers are almost in on U.S. peanut production from 2016. USDA predicted 2,842,305 farmer-stock tons, while the Federal Crop Inspection Service has counted 2,770,299 tons. The numbers are short of the October prediction of 3,155,100 tons.
Lack of...
Down on the farm, producers are somewhat optimistic as domestic and export demand for peanuts remains strong. Other commodities do not produce such optimism, but prices have improved since Trump was elected President. Peanut producers need a strong crop...
Demand For U.S. Peanuts Remains Strong At Home And Abroad
The peanut nation has experienced some unusual occurrences that may impact the growth and expansion of the U.S. peanut industry for years. In producing the 2016 crop, these challenges came...
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...
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)...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.