Peanut growers say they plan to plant nearly 1.53 million acres this season, up 7% from the 1.42 million acres planted in 2019, according to the U.S. Department of Agriculture’s recently released Planting Intentions Report. Growers in nearly every peanut-producing state are expected to increase acreage slightly except for Oklahoma, where they are expected to decrease plantings to 12,000 acres, ... Read More »
The U.S. peanut market is said to be difficult with producers awaiting marketing signals on how many acres of peanuts to plant. Shellers are struggling to meet deliveries of current contracts and still show little interest to sell more until current contracts are filled. If a buyer does show interest and a price is offered, shellers are still choosing to ... Read More »
The U.S. Department of Agriculture’s Farm Service Agency encourages producers to enroll now in the agriculture risk or price loss coverage programs. Sign up for the 2019 crop year closes March 15, 2020, while sign up for the 2020 crop year closes June 30, 2020. Producers who have not yet enrolled for 2019 can enroll for both 2019 and 2020 ... Read More »
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 in farmers’ bank accounts by the end of this week. “It’s been a great start to 2020 for American agriculture with ... Read More »
It was a star-studded event at the National Peanut Research Laboratory’s 50-year celebration. Guest speakers included U.S. Secretary of Agriculture Sonny Perdue, Representative Sanford Bishop (D-Ga) and Dr. Chavonda Jacobs-Young, the USDA Administrator for the Agricultural Marketing Service. Also speaking at the event was American Peanut Sheller Association President Karl Zimmer, and peanut producers Donald Chase and Casey Cox. Finally, ... Read More »
Due to the prolonged and extensive impacts of weather this year, the U.S. Department of Agriculture has extended the deadline to Dec. 20 for producers to enroll in the Dairy Margin Coverage program for the 2020 calendar year. The deadline had been Dec. 13. USDA announced is also continuing to accept applications for the Market Facilitation Program through Dec. 20. ... Read More »
The U.S. Department of Agriculture is expected to begin making the second round of 2019 Market Facilitation Program payments the week before Thanksgiving to help farmers suffering from trade retaliations by foreign nations. Producers of MFP-eligible commodities will be eligible to receive 25% of the total payment expected in addition to the 50% they already have received from the 2019 ... Read More »
The U.S. Department of Agriculture has released a county Market Facilitation Program payment schedule for growers with commodities that have been affected by foreign retaliatory tariffs. The assistance covers specialty crops, non-specialty crops, dairy and hogs. The rates range from $15 to $150 per Read More »
The strangeness of Arkansas’ rain-soaked planting season sloshed over into Friday’s National Agricultural Statistics Service Acreage report, with the agency saying it would be collecting additional information on the state’s soybeans and cotton. NASS said that in July, it would collect information on crops in 14 states, including a recount on soybeans and cotton in Arkansas, since neither had reached ... Read More »
As the 2019 peanut crop gets planted, markets remain quiet. Buyers are aware that carry forward numbers are high and so there is no urgency to book any additional peanuts. Buyers at home and abroad are open to offers of 2019 crop, but most shellers are off the market as farmers are unwilling to contract at the sheller’s offer of ... Read More »
Peanut Grower One Grower Publication