Checking on the peanut crops across Alabama and Florida today. Alabama said they still have some planting to do this late. Additions are being replanted areas as well. It’s been extremely dry, they said for the past and hot the past week. We have been making some delayed fungicide and herbicide applications. Water demand is increasing, they said and hoping …
Monthly Crop Report Affected by Weather
Tomorrow’s monthly crop report could be pushed aside by changing weather forecasts. The July report historically can be a non-factor, always squeezed between the quarterly stocks and final acreage numbers that come at the end of June, and the August report that for the first time is based on actual field surveys and not computer models. That report, by the …
How Eli Whitney’s Cotton Gin Revolutionized American Agriculture
A Simple Conversation Sparked One of America’s Greatest Agricultural Innovations Innovation has always played a vital role in American agriculture, and few inventions transformed farming more dramatically than the cotton gin. What began as a simple conversation between a struggling farmer and a mechanically gifted college student ultimately changed the course of American agriculture forever. According to Mark Oppold’s American …
Peanut Crop Condition Update
The National Ag Statistics Service, the USDA, says the U.S. peanut crop condition is 1% very poor, 6% poor, 34 fair, 54 good, and 5 excellent as we get to July the 7th. Checking on the states, Georgia is showing 62% of their crop is pegging down. That’s the five-year average at 63. They said the peanut crop has improved …
Weather Forecast Up for Debate
Weather forecasts front and center in the grain trade here at midweek, but U.S. and European weather models disagree going forward. Bottomline grain analysts suggest that commodity fund traders have been looking for any reason to go long in this market, and weather was the reason this week. Now, there’s a catch. European weather models show a hot, dry August …
Stocks and Processing Report Shows Increase in Peanut Popularity
Well, the Stocks and Processing Report gives us more details on how peanuts are being utilized. According to USDA in their 10th month report, they said that raw peanuts in primary products are up an amazing 6.3 percent. That’s August through May compared to last year. Peanut usage is up; peanut butter usage is up 6.3 percent for the period. …
USDA’s Peanut Stocks and Processing Report
Checking on the peanut market, USDA’s Peanut Stocks and Processing Report has been released. For the 10th month of the marketing year, they’re saying that commercial storage is holding 4.07 billion pounds of farmer stock peanuts. That compares to 2.54 last year billion pounds, and that is up 60% on last year, and that’s the reason the market is down. …
Weather Affecting Industries
World events certainly affect grain, and livestock markets all year long, but as we move deeper into July, weather takes more of a spotlight for both. Markets back open today after the holiday. We hope it was a great weekend for family and friends. We mentioned in a report last week that December corn historically reaches a top 10 to …
Peanuts are Brain Boosters
Well, peanut farmers are busy in the field now as they have irrigation, apply and water as the peanuts get ready to peg down for the year. The Peanut Institute, which works on all the nutrition of peanuts, reminds you that peanuts are brain boosters. Maintaining brain health in men requires attention to health care, hormone regulation, and regular mental …
High Temperatures Affecting Peanut Crops
Checking on the peanut crop and it’s advanced with the temperatures getting higher and higher. Earlier this week they evaluated the crop at two percent very poor, six percent poor, 30 fair and 56 good with six excellent and that is nationwide. On the southeast they’re showing Georgia 50 percent of their crop they say is pegging. The five-year average …









