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 …