Tag Archives: peanut markets

Carryover Expected To Be In More Balanced Position

loading stored peanuts

Peanut production in 2018 in the United States was 2,730,800 tons. The 23 percent reduction from the previous year was a move in the right direction to balance the U.S. supply with world demand. However, it is now apparent that it was not enough to move the market as demand for peanuts in the United States and the export market ... Read More »

Final Numbers Show A Mixed Bag

amanda huber

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 were better than expected, but for Arkansas producers, it only confirmed that it had been a tough year. Travis Faske, ... Read More »

Past Production And Yield Pressure Prices

key considerations for planting

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 at 1.43 million acres, down 24 percent from 2017. Farmers were cutting back, trying to do the right thing to ... Read More »