We told you recently that USDA had awarded $200 million to 57 organizations through the Agricultural Trade Promotion Program (ATP). Tyron Spearman reports some of these dollars will be going to the peanut industry.
Southeast Peanut Production in 2018
Final numbers from the U.S. Department of Agriculture indicate 2018 peanut production in the Southeast states of Alabama, Florida and Georgia was a bit better than expected after two hurricanes hit parts of the region. Tyron Spearman has the details.
2018 Crop Totals
The partial shutdown of the Federal Government delayed reports for some of the final 2018 crop production numbers. USDA’s National Agricultural Statistics Service (NASS) was not able to release that information in January, but according to Tyron Spearman, NASS did include those numbers in their February report.
Lower Numbers for Peanut Utilization
Numbers from USDA’s latest Peanut Stocks and Processing Report indicate the lower trend in utilization continues. Tyron Spearman has the details.
Report Shows Large Supply of Peanuts
An updated USDA report notes there is still a large supply of peanuts. Tyron Spearman has the details.
Peanut Market Update
Tyron Spearman has this week’s peanut market update.
Discussing Peanut Supply and Demand
When it comes to supply and demand for peanuts, there has been a very slight, but steady increase in demand. But according to Tyron Spearman production dropped below demand, which is good news for the industry, because stocks are still very high after a record 2017 production.
Peanut Market Update
Tyron Spearman has this week’s peanut market update.
New Date for Peanut Loans
USDA announced they’ve extended the deadline for peanut loans and LDP’s through the Market Loan Program. Tyron Spearman has the details.
USDA Purchasing Peanut Butter
The U.S. Department of Agriculture (USDA) announced it will be purchasing peanut butter as part of its trade mitigation program. Tyron Spearman has the details.