USDA’s latest Peanut Stocks and Processing Report also contains peanut supply and disappearance data for milled products in the U.S. And according to Tyron Spearman, the new numbers are not matching up.
Peanut Antitrust Litigation Update
Peanut growers may have received an email or letter in the mail regarding an antitrust litigation notice. According to a story from Tyron Spearman, those who previously filed a claim in 2021 must submit a W-9 by March 31, 2022 in order to receive funds. Click here to read more about the full notice regarding the proposed settlement.
Peanut Marketing Issues Being Discussed
There are discussions taking place about the 2022 peanut crop, as various factors are affecting marketing of the crop. Tyron Spearman reports some shellers have even withdrawn from the market at this time.
Peanut Industry Will be Affected by Russia Invasion of Ukraine
We are hearing more and more reports of how Russia’s invasion of Ukraine is affecting various aspects of the grain and energy sectors and is starting to be felt by U.S. growers and consumers. Tyron Spearman reports shipments of peanuts from certain countries will also be affected.
Peanut Market Update
Today, Tyron Spearman looks at some of the various factors affecting the overall peanut market right now.
More Peanuts on Hand Compared to Last Year
USDA’s latest Peanut Stocks and Processing Report is showing as of January,stocks in commercial storage are up 19.8% compared to this time last year. Tyron Spearman runs through the new numbers.
National Peanut Board Approves Research Projects
The National Peanut Board (NPB) recently approved various state production research projects for FY-22. As Tyron Spearman reports, NPB funds production research projects to increase efficiencies for America’s peanut farmers and their families.
Peanut Market is Sleepy
The peanut market was discussed during a recent event. And according to Tyron Spearman, it was described as “sleepy” right now.
March is National Peanut Month
March is National Peanut Month, and we are all encouraged to join the celebration that features one of America’s favorite snack foods. Tyron Spearman has the story.
Value of the 2021 Peanut Crop
According to USDA’s National Agricultural Statistics Service, thevalue of the 2021 U.S. peanut crop at farm level saw a 16.5% increase from 2020. Tyron Spearman runs through the new numbers.