Tag Archives: Markets

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 »

Peanut Pointers

DAVID JORDAN North Carolina State University Extension Agronomist Protect Those Products In production meetings, we have discussed the challenges in pest management. In some ways, we have many tools that are very effective. Our strong yields of late have been realized by a number of factors including plant protection. Will we have everything we need in the future? In North ... 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 »

News Briefs

Purchasing Commodity Certificates The U.S. Department of Agriculture has announced that producers who have crops pledged as collateral for a marketing assistance loan can now purchase a commodity certificate that may be exchanged for the outstanding loan collateral. The authority is provided by the 2016 Consolidated Appropriations Act, legislation enacted by Congress in December. Commodity certificates are available beginning with ... 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 »

Market usage must increase at a faster rate to keep pace with supply

Decisions, decisions, decisions. A producer’s goals include protecting the land and crop potential production with recommended crop rotation, surviving the lowest commodity prices in recent memory while reducing the cost of production so a profit shows at harvest, and then growing quality peanuts for the market and not for the government. Those are great goals; however, each farmer is different ... Read More »

News Briefs

Program Enrollment Now Open Although a producers’ choice between Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) is completed and remains in effect through 2018, producers must still enroll their farm by signing a contract each year to receive coverage, says Farm Service Agency administrator Val Dolcini. The enrollment period will continue until Aug. 1, 2016. Producers are encouraged ... Read More »

Peanut Pointers

JASON WOODWARD Texas Agri-Life Extension Plant Pathologist Budget for Needed Inputs As has been the case the past few years, planting intentions for peanuts in the Southwest are up in the air at this time. Producers who are thinking about growing peanuts in 2016 must consider several factors in preparation for planting. Variety selection is often the most important decision ... Read More »

With a year of experience, will you make any adjustments?

Producers have a better understanding of the 2014 Farm Bill after a full-year cycle under the Price Loss Coverage (PLC) program, which 99.7 percent of peanut producers chose. Farmers have always evaluated prices of commodities to determine the most profitable crop to plant. Other factors to evaluate include contract offers from shellers, cost of production and always with a watchful ... Read More »