It is not fake news to say that peanut markets are dead. As one broker explained, “As an industry, we must find a way to sell more peanuts.” Domestically, we’re not going to turn this ship around anytime soon. As for exports, we could eventually export the 2017 forfeitures to China and maybe some peanuts from the 2018 crop, particularly ... Read More »
It’s planting time and decisions on what to plant have been made by now. The decision was easy for some producers, especially contract growers, who plant for rotation and pray for a good crop. But for many, it’s the market price that dictates planted acres. Read More »
For a peanut farmer, it’s hard to get excited about 2018. Contract prices are down $100 per ton, or most of the possible profit, the generic base that allowed a base payment on peanut base and converted cotton base is gone, prices for about all inputs are up including seed and fertilizer, farm labor is almost impossible to find and ... Read More »
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