usda

USDA Reports Good News About Peanuts

Good news on the peanut market according to the analysis by USDA. Farmers have planted 1.5 million acres of peanuts this season. That is down 22 percent from last year, mainly due to suppressed prices from large carry-on stocks from last year. They said as a result the peanut stocks and processing is revising their numbers. They said food use …

heat

Temperatures to Rise Soon

Grain traders have shown reluctance to build additional weather premium into futures at this point, but temperatures returning to 100 degrees or more this weekend and into next week can certainly change that. Bottom line analysts say December corn needs consecutive closing over $4.76 to keep the upward momentum in place. August is soybean month, but another forecaster is holding …

rain

Rain Helps Peanut Crop

U.S. peanut crop now is perking along good with some good rains helping the farmers. They rated the crop this week one percent very poor, six percent poor, 33 fair, 53 good, and seven excellent. That’s nationwide. In Georgia there, 88 percent of their crop is pegging. The five-year average is 86. Soil moisture has been returning to good, 39 …

National peanut board

National Peanut Board Plans Upcoming Meeting

The National Peanut Board has announced they will have their board meeting and annual budget setting session July 27th through the 30th at the Hilton Myrtle Beach Resort in South Carolina. U.S. peanut grower representatives from all over the United States will review the National Peanut Board’s organizational priorities and help shape directions for fiscal year 2027 which starts in …

National Peanut Board

National Peanut Board Launches New Campaign

The National Peanut Board, funded by a checkoff program by U.S. peanut farmers, they have launched a new evolution of its Something’s Missing for Food Service campaign. This food service campaign is building on last year’s awareness effort with a stronger focus on lead generation, operator confidence, and real-world momentum in the K-12 grade schools and the college and university …

American Peanut Council

American Peanut Council Promotes Peanuts During FIFA

The American Peanut Council has been busy promoting peanuts during the FIFA World Cup games. They were in Mexico City during the start of the Cup Series. The American Peanut Council exhibited U.S. peanut products at the USA Pavilion at the World Cup Global Village in Mexico City. Alongside the U.S. Embassy, they represented the story of U.S. peanuts with …

Workforce

Legislation Introduced to Reform H2A Ag Workforce Program

U.S. House of Representatives Ag Committee Chairman Glenn T., G.T. Thompson has introduced legislation to provide some reforms to the H-2A Ag Workforce Program. This bipartisan act, he said, is supported by the U.S. Peanut Federation. The Securing Agricultural Workforce Act specializes in addressing labor challenges and labor problems as visitors come to the U.S. and work in the fields …

December corn

Keeping an Eye on December Corn

We’ve mentioned several times on this program that history shows December corn can top 7 to 10 days before the 4th or 7 to 10 days after. Analysts wonder if that has happened this year. The run-up in corn and beans early week has faded some here late week so now watching December corn 368, 369, all highs from this …

crop

Forecast to Affect Crop Yields

Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …

American Peanut Council

American Peanut Council Markets Peanuts Across Seas

American peanut farmers are involved with the American Peanut Council. Their core responsibility is to administer an export promotion program for U.S. peanuts, increasing the consumption of U.S. grown peanuts and peanut products internationally. APC does not process or sell peanuts. Instead, resources are devoted to market development and dissemination of trade information on behalf of the U.S. industry. Right …