Tag Archives: farm fill

Loan Rates Corrected

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The U.S. Department of Agriculture‚Äôs Commodity Credit Corporation announced corrected 2019 crop loan rates. Loan rates published in June were incorrectly calculated. The 2014 Farm Bill established the national loan rate for peanuts at $355 per ton, which is unchanged from the previous Farm Bill. CCC calculated the price support levels for each peanut type using the same method as ... Read More »

Still A Couple Of Years From Supply And Demand Balance

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The 2018 peanut market for farmers was already weak because of a large carryover from 2017. The cotton amendment in the recent U.S. budget resolution has jolted the peanut market and changed the dynamics for 2018. Generic base, which after the last Farm Bill could have been planted in peanuts, is gone. Read More »