peanut market

American Peanut Council Shares Peanut Market Updates

Well, how are the peanut markets doing? According to the American Peanut Council, the latest data shows that the U.S. is holding steady despite some headwinds. They said total exports for July 26 were 12,944 metric tons. This is up from last year’s 10,703 metric tons during the month of July. Also, the year before that, 24 was 10,545. So, …

peanut stocks

Details on Peanut Stocks and Processing

More details have been released on the peanut stocks and processing report from USDA. They said this past year the shellers milled 441 million pounds during the month of July. That’s 13.3 percent more than last year. Commercial processors utilized 206 million pounds and that is up 6.8 percent, so the market looks pretty good. Considering categories, they said the …

stocks

Stocks and Processing Report Shows Increase in Peanut Popularity

Well, the Stocks and Processing Report gives us more details on how peanuts are being utilized. According to USDA in their 10th month report, they said that raw peanuts in primary products are up an amazing 6.3 percent. That’s August through May compared to last year. Peanut usage is up; peanut butter usage is up 6.3 percent for the period. …

peanut

Peanut Stocks and Processing Report Review

Well, the peanut farmers keep watching the Peanut Stocks and Processing Report from USDA and it shows they have too many peanuts. Matter of fact, the commercial storage right now is up 36.4% compared to the same time last year. Also, the shell peanut items that are stored in warehouses is also up 20.4% compared to last March. That’s pushing the price of peanuts down …