FARM Bill 2.0

Farm Bill 2.0 Benefits To Peanut Growers

Dan Farm Bill, Legislative, Peanuts

The FARM Bill 2.0 which is being passed in Washington has some additional that will help the entire peanut industry. The bill includes important provisions related to international and emergency food assistance programs, long-standing markets for U.S. peanut products. The allocation of $200 million annually will support this emergency food assistance program for the procurement and distribution of ready-to-use therapeutic foods which will provide …

U.S. peanut exports

A Look At US Peanut Exports

Dan Export/Import, Exports/Imports, Peanuts

Well about 20% of the peanut crop produced in the United States is exported. Let’s check the numbers on that. For December 2005 to December 2004 compared, the U.S. exported 34,586 metric tons, a surprising increase of 2%. The increase is driven by a continuous strong export to Mexico, which was up 32%. All other major markets were down, with Canada down 8%, China was down 3%, European …

peanut stocks

More Details From the January Peanut Stocks Report

Dan Commodities, Economy, Peanuts

Looking at more details on the peanut stocks and processing published by USDA, they said for January, peanut butter demand creeped up just a little bit, and it’s looking a little bit better, was everything else was still down. January 25th or January 24th compared, peanut candy was down 6.07%. Peanut snacks also down 9.97%. Peanut butter was up just a little, 0.94%, less …

peanut stocks

January Peanut Stocks Report Released

Dan Agri-Business, Commodities, Economy, Peanuts

USDA’s stocks and processing for peanuts shows that for the month of January, that’s the sixth month of the marketing year, peanut stocks and commercial storage total 5.55 billion pounds, and that compares to last year’s 4.14, and that is up 34 percent. The market’s almost flooded. They said even farmer stock peanuts are up 33 percent in volume. Shell peanuts showed that they …

peanut market

Current Status of the Peanut Market

Dan Agri-Business, Economy, Peanuts

Checking with some of the broker friends in the peanut industry, what’s happening right now in the peanut market? According to most, the market continues to be extremely quiet on all fronts. The seemingly slowdown in demand seems to be affecting all parts of the world, which is, to be honest, doesn’t make any sense whatsoever. One broker said peanuts are one of the …

National Peanut Month

Join the Celebration of National Peanut Month

Dan Agri-Business, Events, National Peanut Board, Peanuts

 In March, during National Peanut Month, you can join the celebration featuring one of America’s favorite snack foods. This little legume is a powerhouse of flavor, they say, and with versatility. Humans have been consuming the peanuts since 1400 BC, a long time. Also known as ground nuts, the peanut grows underground and belongs to the leguminae family, which includes peas and beans. …

National Peanut Month

Join the Celebration of National Peanut Month

Dan Agri-Business, Events, National Peanut Board, Peanuts

In March, during National Peanut Month, you can join the celebration featuring one of America’s favorite snack foods. This little legume is a powerhouse of flavor, they say, and with versatility. Humans have been consuming the peanuts since 1400 BC, a long time. Also known as ground nuts, the peanut grows underground and belongs to the leguminae family, which includes peas and beans. …

peanut stocks

USDA Peanut Stocks Report Details

Dan Export/Import, Exports/Imports, Peanuts, USDA

USDA has issued new numbers on peanut stocks. They say the stocks of peanuts because of the big crop last year are higher, but lower usage is being reported. They said the U.S. peanut export forecast has been reduced to a billion pounds. Now all the way down to 1.3 billion pounds total, the U.S. has exported fewer peanuts, down 17%, for …

peanut

USDA Predictions on Peanut Usage Figures Abroad

Dan Agri-Business, Peanuts, USDA

USDA has updated their figures on the peanut crop for this coming year and some predictions that lower usage is happening abroad and at home. On the real facts they said the peanut planted area is estimated at 1.953 thousand acres. That’s up eight percent last year. The area harvested was 1,906,000 acres and that is up 9.4 percent. Total production was 3,589,925 farmer …

peanut butter recall

Peanut Butter Recall and Shell Price Update

Dan Agri-Business, Peanuts

The peanut industry is reporting a nationwide recall this week on some small peanut butter products. It came from Ventura Foods in California, according to the Food and Drug Administration. The recall comes from being initiated due to blue pieces in a filter that could be found in 22,000 single-serve products that they send across America. It’s affected about 40 states, and they said …