Peanut demand

Mixed Signals on Peanut Demand

In reporting from the peanut industry, they are saying now despite the USDA reporting domestic demand up 5.1 percent, manufacturers essentially are saying that peanut butter manufacturers will tell that the demand at this time is flat or possibly down. This in turn results in a lack demand for peanuts right now while it will probably last through the end …

peanut stocks

USDA’s Peanut Stocks and Processing Report

Checking on the peanut market, USDA’s Peanut Stocks and Processing Report has been released. For the 10th month of the marketing year, they’re saying that commercial storage is holding 4.07 billion pounds of farmer stock peanuts. That compares to 2.54 last year billion pounds, and that is up 60% on last year, and that’s the reason the market is down. …

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 …