peanut

Peanut Market Updates

Well peanut farmers are trying to get the rest of this crop planted in. Only about 65 percent of the peanuts were in the ground this week and the conditions are too wet in Georgia, Florida and Alabama to finish right now. We are showing on exports that they are trying to increase exports because of the pileup of peanuts …

peanut

Updates on Peanut Crop Numbers

Well, rain showers slow down action in the peanut field, but farmers are moving right along. Georgia has reported 61 percent of their crop is planted. That compares to 41 last week, 71 percent last year. Alabama is up to 57 percent planted, 37 last week, and 52 percent of their crop was last year. Florida, they say, has 71 …

peanuts

Improvements and World Buyers of Peanuts

USDA’s Ag Statistics Service along with the Foreign Agriculture Service has announced the latest buying of peanuts for the past three months. That is January through March. The peanut industry is worried that they had lost part of their export market because it was down 25 percent for the last year and now, we are looking now at improvements in …

peanuts

What has happened to the Peanut Market

Global Peanut Surplus Drives Down U.S. Peanut Prices Peanut farmers across the U.S. are watching prices fall this season as a global peanut surplus weighs heavily on the market. Many producers are reporting that only about half of their crop is selling at $500 per ton, while the rest is being placed into the loan program at $355 per ton …