U.S. Department of Agriculture’s Farm Service Agency has released the new acreage estimate along with the new yield estimate for the present 2026 crop. Checking first, peanut forecast now has dropped again down four percent from the previous forecast and now we’re at 2,462,000 tons. That’s down 31 percent from last year. Area harvested is expected to total around 1.36 …
National Peanut Festival Upcoming
Big events coming up on the peanut world. We’re showing now that the November 6th through the 15th the National Peanut Festival will take place all the way through the 15th at the National Peanut Festival Fairgrounds in Dothan, Alabama. The festival’s theme this year is “Ease On Down the Row”. Three country music concerts are scheduled all at the …
Peanut Stocks and Processing Report
Peanut stocks and processing report from USDA has been issued for the month of September, that’s the second month of the marketing year, showing that peanuts are up 17.2 percent in storage compared to last year. Remember they had a big crop last year, but this crop is still in the field and not yet determined. Raw peanuts and primary …
Country Elevators Increased Grain Ownership
Country elevators own more grain than usual at harvest, and that can and likely will affect basis levels around the country. Officials at CoBank say some country elevators could end up owning over 50% of the local corn and soybean crops, versus a typical 35, maybe 40% at most. Many producers took advantage of the August rally that extended into …
Grain Markets Continue with Low Numbers
Grain markets look to close lower for the fifth week in a row, November continuing the weakness that we saw in October. December corn on October 6th had just breached the $5 level. August rally was rolling over after reaching $5.50. Now here we are a month later, it’s been nearly a straight line down for five weeks in a …
Southern Agriculture: Cotton, Plantations and Soil Fertility
American Agriculture History Minute Explores the South’s Early Farming Economy Agriculture in the American South developed differently from farming in the Midwest and New England, shaped by differences in land ownership, crop production and the growing demand for agricultural exports in Europe. In this installment of the American Agriculture History Minute, Mark Oppold examines how southern farmers produced food and …
Top Buyers of U.S. Peanuts
Who buys peanuts from America? The number one buyer this past year from January through August of 2026, it shows China was the number one buyer. They bought 40% of all the peanuts that went out of the country. Amazing how much they use in making peanut oil. They bought 181,000 metric tons, almost 41% of the U.S. export. Mexico …
Soy Complex Updates
Keeping an eye on the soy complex at midweek, the soy complex, in our view, doesn’t appear to have much of a chance to rebound. Fund traders still hold nearly 400,000 combined contracts in soybean, soybean oil, and soybean meal. And while they do see better demand ahead, the soy complex so closely tied to crude oil, we saw what …
Midterm Elections and Market Report
Selling appears to have slowed in the corn trade for now, but the market lacks any catalysts in our view to encouraging buyers to step back in. Midterm election day, finally here, we can be thankful political campaign ads will be disappearing, but also thankful we have a right to cast our vote. Elsewhere, we are watching the corn trade …
Changes in Peanut Market
Well peanut farmers selling peanuts at the buying points now are wondering what has happened to the peanut market. They only approved about half of their crop at $500 a ton and all other peanuts are going into the loan at $355. Here is a good reason why. China, the biggest competition in the world, they have their peanut area …










