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 …

American Peanut Council

USDA Predictions on Peanut Usage Figures Abroad

USDA has updated their figures on the peanut crop for this coming year and some predictions that lower usage is happening abroad and at home. On the real facts they said the peanut planted area is estimated at 1.953 thousand acres. That’s up eight percent last year. The area harvested was 1,906,000 acres and that is up 9.4 percent. Total production was 3,589,925 farmer …