Tag Archives: Harvest

Challenging Year In South Carolina

Hopes for good harvest weather were dashed with Hurricane Matthew The 2016 peanut harvest is under way in South Carolina and pests and weather have been the main issues affecting this year’s crop. The 2016 peanut harvest has started in some parts of the state with several growers who have started digging Virginia type varieties. Other growers will have to ... Read More »

Market Watch

Who Would Have Guessed This? The American peanut industry has just experienced one of the most amazing marketing years in history. Based on USDA estimates and with the industry facing an unusually large carry-forward, prices were reduced throughout the industry and cutbacks from the farm to the sheller were encouraged. Farmers were even encouraged not to plant peanuts for the ... Read More »

A Golden Opportunity

A more modern warehouse facility in Vienna, Ga., will mean more efficient unloading and enhanced quality. The increase in peanut tonnage over the last decade has heightened the need to modernize peanut processing facilities. Golden Peanut and Tree Nuts is investing in a significant upgrade and modernization of the company’s warehouse in Vienna, Ga., which will help to increase unloading ... Read More »

Do we have a bigger, better, safer industry than ever before?

The peanut market is often difficult to read, evaluate and especially to explain. The markets for farmer-stock peanuts have little or no impact on the shelled-market price at the sheller level. The export market for the farmer is lost in the blending of seasonal prices and world competition. Even the domestic market for the farmer is a three-way deal between ... Read More »

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 »

An Uphill Climb

For decades, Thimet has provided peanut farmers consistent, reliable thrips control under variable weather conditions. With new products continually being introduced, recent research shows Thimet is still the product that provides consistent control of thrips, aiding in additional yield with a positive return on investment. Based on independent, academic research conducted by scientists at multiple universities during the summer of ... 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 »

Key Considerations Before Planting

key considerations for planting

Warehouses already brimming with peanuts and the consequences of shortened rotation schemes are two important points going into 2016. By Amanda Huber As planning for the 2016 crop begins, producers are already being cautioned to not plant a single seed until they have secured a place to store the harvested peanuts. The 2015 crop was the second largest on record, ... Read More »