Tag Archives: Markets

Open for Business

With the most advanced technology, Premium Peanut will make data-based decisions. An estimated 550 peanut producers, industry members, local, state and national leaders and members of the local community convened on Barrington Road in Coffee County, Ga., in late April to celebrate the Grand Opening of Premium Peanut. Attendees enjoyed lunch, congratulatory remarks and tours of the plant. Georgia Governor ... Read More »

Peanut Pointers

DAVID JORDAN North Carolina State University Extension Agronomist Manage Weeds, Thrips As we move into May the most critical first step is to get a good stand with the optimum plant population. This varies some by region and market type. For Virginia types, the standard recommendation is to have four plants per foot, which requires planting five seed per foot. ... Read More »

Planting Intentions

Is your irrigation scheduling method reliable or is it reducing yields?According to USDA’s National Agriculture Statistics Service, peanut producers intend to plant 1.48 million acres in 2016, down 9 percent from the previous year. The slight decrease coincides with a slight increase in planting intentions of acreage to corn and cotton. However, a rainy spring may mean the pendulum swings ... Read More »

More Than A Safety Tip

I read with sadness a few weeks ago about a farmer in South Carolina who was killed when he raised his spray boom up and touched a power line. It wasn’t until he tried to get off his tractor that he was electrocuted. I’ve been around farming long enough to know it is a very dangerous occupation, but it’s doubly ... Read More »

Farm Economy Survival Tips

Commodity price trends mean tighter operating budgets for farmers. Low commodity prices and declining credit availability are impeding cash flow for Georgia farmers, said University of Georgia agricultural economist Brady Brewer. Brewer, an assistant professor in the Department of Agricultural and Applied Economics in UGA’s College of Agricultural and Environmental Sciences, suggests farmers do an extensive self-evaluation of their farming ... Read More »

News Briefs

Fewer Peanut Acres Predicted USDA’s Agricultural Statistics Service issued the first crop acreage estimate late March and predicted peanut acreage to be down 9 percent. According to the report, producers intend to plant 1.48 million acres in 2016 versus last year’s 1.62 million acres. The expected decrease in planted area, per USDA, is largely driven by price concerns due to ... 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 »

Peanut Pointers

DAVID JORDAN North Carolina State University Extension Agronomist Tools Help Identify Risk Considering all the possibilities at planting can be daunting. Having a plan is essential and being able to adjust as needed, and quickly, are keys to success. Over the years, I have been responsible for handling local arrangements for several mid-size meetings like our annual APRES meeting. As ... Read More »

NPBPA Convention Recap

Speakers from the buying point convention offer some thoughts on the 2016 season. The National Peanut Buying Points Association, representing more than 400 peanut buying locations, held their annual convention in February at the famous Peabody Hotel in Memphis, Tenn. The following is a recap of some of the presentations made at the convention. Make Data-Based Decisions Karl Zimmer, CEO ... Read More »

News Briefs

U.S. Peanut Crop Value According to USDA’s National Agricultural Statistics Service, the price of peanuts averaged 19 cents per pound or $380 per ton last season, 13.6 percent lower than 2014. The value of the 2015 peanut crop at farm level is $1,186,903,000, a 2.3 percent increase from 2014. The highest average price was paid in North Carolina at $474 ... Read More »