2020 Crop Value
According to the U.S. Department of Agriculture’s National Agricultural Statistics Service, peanuts averaged about 21 cents per pound or $414 per ton last season, 1% higher than 2019. The value of the crop at the farm level...
Crop Quality Loss Payments
The U.S. Department of Agriculture’s Farm Service Agency recently announced signup for the Quality Loss Adjustment program. Funded by the Further Consolidated Appropriations Act of 2020, this new program provides assistance to producers who suffered eligible...
The U.S. Department of Agriculture plans to issue the third and final round of 2019 Market Facilitation Program payments aimed at assisting farmers suffering from damage due to trade retaliation by foreign nations. The payments will begin to show up...
The U.S. market is in a “wait and see” mode. The Southeast, where 70% of peanuts are grown, is experiencing hot and dry conditions, one of the longest such periods in history.
Early planted peanuts were considered good, especially those...
Production for peanuts in 2019-20 is projected by USDA to be up 3 percent to 5.6 billion pounds based on modest increases in intended planting and yield. The NASS Prospective Plantings report showed most peanut acreage gains are expected...
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