A bold new era for the peanut industry. That’s the voice of the National Peanut Board, who announced this week a new program to help promote peanuts. It’s a game changing brand platform, they said, that will champion this, represent the 7000 peanut farming families across America. They said that this is a special, new strategic push to connect the Gen Z population, a generation that …
Peanut Exports Increasing
About 20 to 25 percent of the peanuts in America are exported to foreign countries and other areas. The main two buyers are of course Mexico and Canada. They’re our next-door neighbors. But in February this year the U.S. exported 54,792 metric tons. That is an increase of 49 percent compared to that same period last year. The increase was driven by …
USDA Provides Update on Corn Planting Progress
Drought conditions have impacted the progress of planting across the southeast. Brad Rippey USDA Meteorologist provided an update on the progress of corn planting across the country. “With that variable weather in the Midwest, rain followed by cool weather, we did see some progress slowing down. For example, Illinois only planting 9% of the corn during the week, so that overall progress …
Crop Planting Progress
Weekly planting updates, no surprise showing soybean planting nationwide at a record pace corn planting as expected making good progress. Last week as well up nearly 15% in one week, but we’re keeping an eye on that northern belt weather north of I-90. As spring wheat planting the slowest in three years. We see sorghum planting in that area the slowest in four …
Further Details of the Farm Bill 2.0
Farm Bill 2.0 has passed the U.S. House of Representatives 224 to 200, and this strengthens the operation of the Market Loan Assistance Program that was in that first bill, the One Big Beautiful Bill Act that was passed earlier in the year. The good news in this part of the 2.0 is that the bill includes important provisions related to international and …
USDA Announces Expanded Partnership with EXIM Bank
The U.S. Department of Agriculture has announced an expanded partnership with the Export-Import Bank of the United States (EXIM). This partnership is expected to increase domestic ag production and exports, while reducing the ag trade deficit. In addition to this partnership, USDA also announced the launch of the Financial Assurance to Revitalize Markets Initiative, an effort to strengthen and modernize …
Lack of Rain Continues To Impact Growers
If you call up a farmer today and ask him what’s happening, he would probably respond, waiting on the rain. Some isolated showers have come across the southeast Georgia area and the southwest area, but not enough to solve the water shortage. Some peanut producers have started irrigating to try to get enough peanuts to come up along when most of the corn is gone and …
Nominations Open for American Peanut Industry Awards
Nominations are now open for the 26th American Peanut Research and Education Awards. The industry is looking for someone that has outstanding individuals or teams whose work continues to move the peanut industry forward. All nominations are subject to the deadline in 1st of May. Awards will be presented at the American Peanut Research and Education Annual Meeting to be held July the …
Fed Meeting Review and China Trade Talks
To no one’s surprise, the Federal Reserve Board expected to leave interest rates unchanged at the conclusion of their meeting. Looking at CME’s FedWatch tool shows a better than 90% chance rates will not change at the June meeting or July meeting. There is no meeting in May. There’ll be a new Fed chairman when the board does meet in June …
Planting Delays Across The Country
Weekly crop update show planning progress in this area, but still slow north of Interstate 80 in the Northern Belt. Rain, of course, one factor, but April is ending on a chilly side. Soil temperatures still below 50 degrees, many areas north of Sioux Falls, South Dakota. In fact, Ames, Iowa, just last week, surpassed 52 degrees at the 4-inch level. And we …









