peanut stocks

More Details on February Peanut Stocks and Processing Report

USDA issues stocks and processes for peanuts each month. More details has been announced now on the month of February. Shell peanuts on a raw basis used in primary products and in-shell also was accounted in this report. Peanut usage is improving. Total edible use for seven months is up four-tenths of one percent with major improvements in peanuts and snacks. For the seven-month …

peanut market

Looking in on the Peanut Market

Talking about the peanut market, as farmers try to decide what to plant this year, cotton is improving and that could influence the amount of acreage on peanuts. They say it’s going to be down 14% on the first estimate. The market is extremely quiet in all parts of the world, especially in the southeast of the U.S. and parts of Virginia and …

peanut

A Look Within The Peanut Market

Checking on the peanut market this week. Good news for farmers. They do have something offered at buying points. Peanut buying points are reporting that peanut contracts are now available for the 26 peanut crop. Contracts were started out on runners at $415 per ton. The tonnage is not limited. Contract offers for Virginia type peanuts was $425. Some farmers of course need …

peanut market

Current Status of the Peanut Market

Checking with some of the broker friends in the peanut industry, what’s happening right now in the peanut market? According to most, the market continues to be extremely quiet on all fronts. The seemingly slowdown in demand seems to be affecting all parts of the world, which is, to be honest, doesn’t make any sense whatsoever. One broker said peanuts are one of the …