Tag Archives: Farm Bill

Export market picks up with shipments to China, Vietnam

The U.S. peanut market is getting mixed signals at home and abroad causing the producers to be concerned as to how to manage under the present peanut program. The Commodity Credit Corporation is successfully moving ahead with selling or exchanging 2014 forfeited farmer-stock peanuts to clear out warehouses. USDA is seeking bids on major purchases to go to nutrition programs ... Read More »

Shellers Contracting Smaller Percentage Of Crop Each Year

The U.S. peanut industry is adrift in a growing, uncharted fog. The Farm Bill has caused an expansion in acreage, which resulted in great surplus, and a lack of strategic planning has failed to keep all segments in a profitable posture. It will take time to turn this boat around and a heavy fog of market uncertainty and government intervention ... Read More »

Arkansas On The Increase

As producers plant more peanut acreage, they are encouraged to start with sustainability in mind. By Ryan McGeeney, U of A System Division of Agriculture Peanut production in the Arkansas Delta is expected to continue moderate growth over 2015 numbers, say experts and growers. After being recognized as a major peanut-producing state by the National Peanut Board in 2014, production ... Read More »

Fallout from cost cutting will change the industry landscape

Unless the Southeast region of the peanut belt experiences a weather disaster, such as a drought or a major flood, peanut prices will likely stay flat during the 2016 growing season and beyond. Shellers are using every way possible to discourage wall-to-wall peanut acreage because they know that another bumper crop is likely to keep shelled peanut prices too low ... Read More »

Survival means bringing supply more in line with demand

The American peanut industry has been jolted by the low prices caused by increased acreage, increased yields and a generic base from cotton that resulted in even more peanut acreage. Because other commodities that could compete with peanut acreage offer low prices as well, producers have little choice in an effort to survive. The situation creating the need to go ... Read More »

Market usage must increase at a faster rate to keep pace with supply

Decisions, decisions, decisions. A producer’s goals include protecting the land and crop potential production with recommended crop rotation, surviving the lowest commodity prices in recent memory while reducing the cost of production so a profit shows at harvest, and then growing quality peanuts for the market and not for the government. Those are great goals; however, each farmer is different ... Read More »

News Briefs

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 coverage, says Farm Service Agency administrator Val Dolcini. The enrollment period will continue until Aug. 1, 2016. Producers are encouraged ... Read More »

News Briefs

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) program because they expected it to provide higher payments and greater risk protection than would be available under Agricultural Risk ... Read More »

News Briefs

Crop Insurance Update The 2015 crop is the first year that peanut producers could insure their crop with the same options offered for other crops. Peanut revenue insurance options were introduced through the cooperative efforts of AgriLogic Consulting, Georgia Peanut Commission, Western Peanut Growers Association, key industry representatives and the USDA Risk Management Agency. The revenue insurance options allow for ... Read More »

News Briefs

USDA To Limit Non-Farmer Payments USDA has announced a proposed rule to limit farm payments to non-farmers, consistent with requirements Congress mandated in the 2014 Farm Bill. The proposed rule limits farm payments to individuals who may be designated as farm managers but are not actively engaged in farm management. In the Farm Bill, Congress gave USDA the authority to ... Read More »