Well, it’s peanut planting time. Peanut farmers are waiting for the area that has not received any rain to get a rain to get this peanut crop in the ground. What’s going to happen now? Waiting on USDA to give us an estimate on how many peanuts have been planted before any contracts are going to be sealed. The first estimate was that this …
Peanut Stocks and Processing Report Review
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 …


