The peanut market is quiet as firmer prices and lack of demand remains. Most analysts believe that markets will be this way through the New Year as shellers and farmers prepare for new crop contracting. The industry is ending...
Alabama’s row crop producers are seeing rising prices and a positive crop market outlook, alongside producers throughout the United States. Alabama Cooperative Extension System Economist Wendiam Sawadgo said prices are definitely higher than the ones producers have seen in...
Stress in agriculture has never been greater. Two major hurricanes, Irma and Michael, quality problems and now germination issues, low commodity prices, COVID-19 pandemic, riots and unrest in cities, talk of food shortages, a devastating court ruling on a...
Never before has the U.S. peanut market been in such disarray with so many unusual circumstances as it is in 2020. The peanut market continues to rise with very thin trading volume. Prices for peanuts testing negative for aflatoxin...
The U.S. Department of Agriculture has released a county Market Facilitation Program payment schedule for growers with commodities that have been affected by foreign retaliatory tariffs. The assistance covers specialty crops, non-specialty crops, dairy and hogs.
The rates range from...
Production for peanuts in 2019-20 is projected by USDA to be up 3 percent to 5.6 billion pounds based on modest increases in intended planting and yield. The NASS Prospective Plantings report showed most peanut acreage gains are expected...
As the spring rolls on, the hope for better crop prices in peanuts or any rotation partner continues to diminish, as does the hope for a reduction in the peanut stockpile or improved trade. Frequent rains are keeping...
In mid-February, the U.S. Department of Agriculture’s National Agricultural Statistics Service released state-by-state crop and stock reports. This was the first new data available from the department since the 35-day partial shutdown of the federal government.
For some the numbers...
The 2019 peanut market for farmers was already weak because of a large carry-over from the 2017 and 2018 crops. Production in 2018 was estimated at 5.46 billion pounds, (2,730,800 tons) down 23 percent from 2017.
Planted area was estimated...
Several factors are contributing to the stagnant market, but hope springs eternal that one of these could change.
• By Amanda Huber •
At the present time, peanut markets are about as exciting as watching paint dry. The hope that another crop...
The entire peanut industry is in a holding pattern. Neither buyers, nor shellers or even farmers can make an informed decision about what to do in 2019 crop year. Buyers for both domestic and export are only buying hand-to-mouth...
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...
Peanut planting was late in areas this year because of the rains, and those fields that were planted have tended to languish during the three weeks of constant rains. You can read more about the effects of the rain...
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...
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...
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