Tyron Spearman fills producers in on the Peanut marketing Loan Program, letting producers know what is available to the farmers by some shellers.
Buying Points reports that lots of tons of peanuts are still not marketed from the 2017 crop. Farmers signed up part of them on the Contract Basis, and are still holding some, that need to be marketed in the very near future. Farmers have until January 31st to place peanuts in the Market Loan Program if their peanuts have just been inspected. Peanuts in the Market Loan Program for the Government can stay for nine months, at which time they must be sold to a handler or forfeited to the government.