Tag Archives: Markets

Planting Intentions

Not surprisingly after the huge crop of 2012 and the drop in prices, Planting Intentions as reported by producers to the United States Department of Agriculture’s National Agriculture Statistics Service are down considerably from last year. Based on the report, released at the end of March, growers intend to plant 1.19 million acres in 2013, down 27 percent from the ... Read More »

Market Watch

Cool weather late affects early planting decisions, crop acreages By J. Tyron Spearman Contributing Editor The U.S. peanut industry seems to be in a state of flux, waiting for markets to signal the next move. Farmers are poised to plant another peanut crop after Old Man Winter delivered water and filled reserves for a change, especially in the Southeast and ... Read More »

Market Watch

The peanut market: the good, the bad and the really big questions By J. Tyron Spearman Contributing Editor Contracts for peanuts are normally offered by shellers before the start of the New Year, and peanut producers can start their planning for the new season. Not this year. The industry seems to be in a holding pattern, hoping and praying that ... Read More »

News Briefs

Less Savings From Same Farm Bills The possibility of getting a five-year Farm Bill passed just got harder. A new Congressional Budget Office estimate says the amount of savings has changed since last summer and it is much less. The Senate bill savings estimate now stands at $13.1 billion over 10 years, not $23.1 billion. The House bill savings figure ... Read More »

Market Watch

Could exports whittle carry-over down to a manageable amount? By J. Tyron Spearman Contributing Editor Trends in the peanut world are certain to change the future. A record crop in 2012 of more than 3,400,000 tons has resulted in low prices at home and abroad. A drought in India last year, plus changes in their regulations, have brought Chinese buyers ... Read More »

Making Gains in Mississippi

More producers are adding peanuts to their rotations as new marketing opportunities open up. By Susan Collins-Smith, Mississippi State University Ag Communications Mississippi producers expect peanuts to remain a strong commodity in the years to come with a steady demand globally and new marketing opportunities locally. “The demand for peanuts will stay in place because of global economics and population,” ... Read More »

News Briefs

Farm Bill Takes A Back Seat Again The Farm Bill is having a hard time getting any attention in Washington, D.C. The Obama Administration is expected to submit to Congress its FY14 budget to start this year’s budgeting and appropriations process. Over the next few months, Congress will hold hearings on the budget, and the House and Senate budget committees ... Read More »

In The Shadow Of 2012

Who is buying peanuts as fast as they can be shelled? Unbelievable, warehouse buster, tidal wave, record breaker – these are just some of the words being used to describe the 2012 crop by economists and industry market watchers. This crop didn’t just break records; it destroyed records by a wide margin. The up-and-down nature of the peanut market for ... Read More »

News Briefs

BASF Acquires Becker Underwood BASF has completed the acquisition of Becker Underwood from Norwest Equity Partners, a United States-based private equity investment company. With the acquisition, BASF is now a leading global provider of technologies for biological seed treatment as well as seed treatment colorants and polymers. BASF has also expanded its product portfolio in the areas of biological crop ... Read More »

Market Watch

2013 Begins With Need For Patience As Market Develops By J. Tyron Spearman Contributing Editor The U.S. peanut industry has been in an over-supply position before and worked out of it. Production of 3.2 million tons is more than anyone predicted, and with the struggling economies at home and abroad, it may take longer to solve this dilemma. The good ... Read More »