Tag Archives: Farm Bill

Wide Swath Of Industry Infrastructure Damaged

The peanut industry has been jolted by two hurricanes this season. Florence hit North and South Carolina as harvest was about to start with flooding that caused rivers to overflow and covering crops waiting to be harvested. With about 40 percent of the Southeast peanut crop dug and harvested, Hurricane Michael plowed into the Florida Panhandle with 155 mile per ... Read More »

News Briefs

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2018 Farm Bill The 2014 Farm Bill expired on Sept. 30, 2018. Congressional leaders now face the task of finding a compromise that can be approved by both chambers in a lame-duck session after the mid-term election. President Trump must sign the bill by the end of the calendar year. Rep. Mike Conaway (R-TX) says the impasse is bigger than ... Read More »

News Briefs

PB&J competition

Senate Ag Comm. Passes Bill The U.S. Senate Committee on Agriculture, Nutrition & Forestry marked up the Agriculture Improvement Act of 2018 and delivered on promises for bipartisan legislation from Committee Chairman Pat Roberts, R-Kansas, and Ranking Member Debbie Stabenow, D-Michigan. The Farm Bill passed through committee with a 20-1 vote. “We are very pleased the bill is moving forward. ... 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 »

So Much Red Tape

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As of this writing, the Farm Bill is working its way through Congress with much posturing on all sides, but that is fairly usual for any piece of legislation. In the meantime, Secretary of Ag Sonny Perdue is continuing his work to remove burdensome regulations plaguing family farms. The latest item involves eliminating the requirement for producers to obtain Data ... Read More »

Did Planting Conditions Drive Acreage Toward Further Reduction?

loading stored peanuts

When we talk about peanut marketing, it’s supply versus demand that eventually rules. The government provides some stability and market protection for the grower; however, prices are influenced by the available peanut supply either in the loan or in the hands of the shellers. Shellers and buying points also have some protection with the market loan program, which furnishes a ... Read More »

News Briefs

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Start Of Farm Bill Fight On April 18, 2018, the House Agriculture Committee passed its 2018 Farm Bill out of committee on a straight party-line vote. All republicans voted for the bill, and all democrats voted against it. The committee has already adopted 17 amendments. The democrats are expected to submit amendments when the bill comes up on the House ... Read More »

New Briefs

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2017 Crop Value According to USDA’s National Agricultural Statistics Service, the price of peanuts last season averaged $0.230 per pound, or $460 per ton, 21.6 percent higher than 2016. The value of the 2017 peanut crop at farm level is $1,638,095,000, a 50.5 percent increase from 2016. Harvested peanut acres were up 16 percent. The highest average price was paid ... Read More »

Farm Bill Hearings Begin

Georgia producer Tim McMillan testified about the PLC program and the effect of generic base. Hearing and listening sessions taking place both in Washington D.C. and around the country over the next several months will be an important part of gathering ideas says U.S. House of Representatives Ag Committee Chairman Mike Conaway and will help ensure that they know producers’ ... Read More »