Below you'll find a list of all posts that have been tagged as “peanut butter demand”
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 …
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. …
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. …
Well, the peanut farmers keep watching the Peanut Stocks and Processing Report from USDAÂ 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 …
USDA Updates Peanut Production Forecast as Markets Watch Supply and Demand The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) has released another forecast for peanut production from the most recent crop year. While expectations remain largely unchanged for now, industry observers believe adjustments may be coming as final numbers continue to take shape. USDA did not lower its …
