Below you'll find a list of all posts that have been categorized as “Peanuts”
A group of agricultural organizations is asking for more help in the agricultural area as planting season begins in earnest all across America. The closure of the Strait of Hormuz has sent fuel and fertilizer prices skyrocketing and farmers are bothered being strained in a foreign farm economy that already had its back against the wall due to record inflation, trade uncertainty, rapidly declining …
Mark your calendar from March the 28th from 9 until Midnight almost and Blakely, Georgia. It’s the Peanut Proud Festival. Everyone’s invited to attend a parade lots of entertainment and lots of fun. We’ve been working on the 2.0 farm bill good news. In addition the bill includes important provisions Related to international and emergency food assistance that will be utilizing peanuts and peanut …
The Department of Agriculture is seeking nominees for the Peanut Standards Board. They’ll fill seats on that board. Six producers and six industry reps will be assigned this year. They will be working with the Farm Bill as authorized to form this Peanut Standards Board. What do they do? They recommend updates on the minimum quality standards for U.S. peanuts, the food safety requirements and …
Checking on the peanut market this week. Good news for farmers. They do have something offered at buying points. Peanut buying points are reporting that peanut contracts are now available for the 26 peanut crop. Contracts were started out on runners at $415 per ton. The tonnage is not limited. Contract offers for Virginia type peanuts was $425. Some farmers of course need …
Peanut buying points are reporting that peanut contracts are available for the new peanut crop. Contracts for runner type peanuts now at $415 per ton. That is for the new crop that is about to be planted. Tonnage is not limited on that number. The contract offers Virginia type peanuts up to $425 per ton. Some farmers need their contracts to secure …
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 …
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 …
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 …
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 …
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 …
