Tag Archives: plc

News Briefs

PB2

Storage Space Growing The U.S. Warehouse Act is one of the oldest federal agricultural laws dating back to 1916. The act authorizes the secretary of agriculture to license warehouse operators who store agricultural products. Warehouse operators that apply must meet U.S. Department of Agriculture standards established within the USWA and its regulations. A look at the USWA annual report from ... Read More »

A Retaliatory Tariff Affects The European Market

virginia peanuts

As COVID-19 spikes a second time, the European Union has announced a 25% tariff on U.S. peanuts and other products. The tariff went into effect on Nov. 10, 2020, as authorized by the World Trade Organization, but the market is still digesting the news and determining its potential impact. The move is a retaliation by the European Union against the ... Read More »

All Eyes Will Be On 2019 Planting Intentions

peanut containers on dock

A peanut broker recently told farmers that the price of peanut kernels was indicating to shellers that we will need fewer peanuts in 2019 than was handled in 2018. This is because of weak domestic demand and uncertainty with respect to exports. That could change, but thus far, the market is urging a cutback. That about sums up the market ... Read More »