U.S. peanut farmers have reported their acreage now on all the major crops, and USDA published a report this week. They’re showing that overall, the corn production or grain is forecast at 16 billion bushels. That’s down six percent from 25 and should be the second highest production on record. If realized, based on the conditions right now, the average …
USDA Published Peanut Numbers
Well, the peanut market’s been looking at some actual real figures on how many peanuts were planted this year. Lots of guesses, but this is what USDA has published now based on the farmers reporting as of July the 15th. They’ll release the certified acres a little bit later, but they’re showing that Georgia will now drop from 915,000 acres …
The Pro Farmer Crop Tour Kicks Off
The Pro Farmer Crop Tour kicks off this morning covering 2,000 fields in seven Midwest states. Interesting to see how results differ, if any, from USDA numbers last week. But I will start the edition of the Bottom-Line Report by wishing my wife Kathy a happy anniversary. 53 years we’ve been living happily ever after. Well, the Pro Farmer Tour …
USDA Releases Expected Yields
USDA has released the expected yields for the coming year, even though the weather has not been helpful in some areas, but most everybody has received rain to give some indication of a good crop this year for peanuts. In Florida, Florida has now averaged 3,900 pounds of peanuts per acre. They say they’ll drop to 3,800 pounds this coming …
The National Peanut Board Approves Plan
U.S. peanut growers have a special checkoff program called the National Peanut Board. This year they have a program of work to promote peanuts with a $13.1 million budget for this coming year. They recently met and approved their plan for this coming year. The upcoming season, they said, will focus on how peanut products fuel performance, specifically targeting the …
Farm Bill to be Reviewed Again in September
What happened to the Farm Bill? Congress adjourned and are taking a recess, and we’ll be back in mid-September, but Farm Bill 2.0 was not finished. The proposed legislation, commonly known as Farm Bill 2.0, builds upon the historic ag investments that were included in the One Big Beautiful Bill earlier this year. They’re going to further strengthen key farm …
Updates on Grain Trades
Well, you might say the grain trade is taking yesterday’s production numbers with a grain of salt. Already looking forward to this September report on the 11th. Yesterday’s report was based on farmer surveys. Surveys that were returned anyway, and satellite data. Now, in the coming weeks, private crop scouts and USDA teams will be heading to the fields and …
August Crop Reports Released
The August crop report released at noon today. Most attention on the corn trade. Corn has struggled since reaching highs in mid-July over the 490 level with extended hot, dry weather. Weather since then has been favorable and private estimates that are released keep the national average yield at or near USDA’s 183. In fact, StoneX just last week surprised …
U.S. Peanut Crop Updates
The National Ag Service is reporting from USDA this week that the peanut crop is 1% very poor, 6% poor, 29 fair, 56 good, and 8 excellent. The peanuts pegging now are about 94 to 95% across the board and the crop is being made. But we’ve got problems in some areas. For more than three weeks now, Georgia growers …
A Look at Farm Bill 2.0 Details
Back in July, the One Big Beautiful Bill was passed and signed into law following votes of approval of the U.S. Senate and the U.S. House of Representatives. The primary purpose of a budget reconciliation bill is to fast-track legislation required for federal funding, revenue, and debt limit for the year. The final bill on that included the policy priorities …










