Tag Archives: free trade

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2018 Peanut Crop Value According to USDA’s National Agricultural Statistics Service, the price of peanuts averaged $0.214 per pound ($428 ton) last season, 6.5 percent lower than 2017. The value of the 2018 peanut crop at farm level is $1,155,709,000, a 29.3 percent decrease from 2017. Harvested peanut acres were down 22 percent. The highest average price was paid in ... Read More »

Changes May Be On The Horizon, But For Now An Oversupply Makes For A Stagnant Market

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 Cotton, Peanut Growers Cooperative Marketing Association, and Nathan Smith, Clemson University Extension ag economist, offer a more complete look at ... Read More »