nominations

A Look Within The Peanut Market

Checking on the peanut market this week. Good news for farmers. They do have something offered at buying points. Peanut buying points are reporting that peanut contracts are now available for the 26 peanut crop. Contracts were started out on runners at $415 per ton. The tonnage is not limited. Contract offers for Virginia type peanuts was $425. Some farmers of course need …

planting

Peanut Contracts Available For Crop to Be Planted

Peanut buying points are reporting that peanut contracts are available for the new peanut crop. Contracts for runner type peanuts now at $415 per ton. That is for the new crop that is about to be planted. Tonnage is not limited on that number. The contract offers Virginia type peanuts up to $425 per ton. Some farmers need their contracts to secure …

FARM Bill 2.0

Farm Bill 2.0 Benefits To Peanut Growers

The FARM Bill 2.0 which is being passed in Washington has some additional that will help the entire peanut industry. The bill includes important provisions related to international and emergency food assistance programs, long-standing markets for U.S. peanut products. The allocation of $200 million annually will support this emergency food assistance program for the procurement and distribution of ready-to-use therapeutic foods which will provide …

U.S. peanut exports

A Look At US Peanut Exports

Well about 20% of the peanut crop produced in the United States is exported. Let’s check the numbers on that. For December 2005 to December 2004 compared, the U.S. exported 34,586 metric tons, a surprising increase of 2%. The increase is driven by a continuous strong export to Mexico, which was up 32%. All other major markets were down, with Canada down 8%, China was down 3%, European …

peanut stocks

More Details From the January Peanut Stocks Report

Looking at more details on the peanut stocks and processing published by USDA, they said for January, peanut butter demand creeped up just a little bit, and it’s looking a little bit better, was everything else was still down. January 25th or January 24th compared, peanut candy was down 6.07%. Peanut snacks also down 9.97%. Peanut butter was up just a little, 0.94%, less …

peanut stocks

January Peanut Stocks Report Released

USDA’s stocks and processing for peanuts shows that for the month of January, that’s the sixth month of the marketing year, peanut stocks and commercial storage total 5.55 billion pounds, and that compares to last year’s 4.14, and that is up 34 percent. The market’s almost flooded. They said even farmer stock peanuts are up 33 percent in volume. Shell peanuts showed that they …

peanuts

Current Status of the Peanut Market

Checking with some of the broker friends in the peanut industry, what’s happening right now in the peanut market? According to most, the market continues to be extremely quiet on all fronts. The seemingly slowdown in demand seems to be affecting all parts of the world, which is, to be honest, doesn’t make any sense whatsoever. One broker said peanuts are one of the …

Iran

Join the Celebration of National Peanut Month

 In March, during National Peanut Month, you can join the celebration featuring one of America’s favorite snack foods. This little legume is a powerhouse of flavor, they say, and with versatility. Humans have been consuming the peanuts since 1400 BC, a long time. Also known as ground nuts, the peanut grows underground and belongs to the leguminae family, which includes peas and beans. …

National Peanut Month

Join the Celebration of National Peanut Month

In March, during National Peanut Month, you can join the celebration featuring one of America’s favorite snack foods. This little legume is a powerhouse of flavor, they say, and with versatility. Humans have been consuming the peanuts since 1400 BC, a long time. Also known as ground nuts, the peanut grows underground and belongs to the leguminae family, which includes peas and beans. …

peanut stocks

USDA Peanut Stocks Report Details

USDA has issued new numbers on peanut stocks. They say the stocks of peanuts because of the big crop last year are higher, but lower usage is being reported. They said the U.S. peanut export forecast has been reduced to a billion pounds. Now all the way down to 1.3 billion pounds total, the U.S. has exported fewer peanuts, down 17%, for …