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,...
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...
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