Tag Archives: trade promotion

News Briefs

mexican flag

2018 Peanut Crop Value According to USDA’s National Agricultural Statistics Service, the price of peanuts averaged $0.214 per pound ($428 ton) last season, 6.5 percent lower than 2017. The value of the 2018 peanut crop at farm level is $1,155,709,000, a 29.3 percent decrease from 2017. Harvested peanut acres were down 22 percent. The highest average price was paid in ... 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 »