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 …
USDA Reports Good News About Peanuts
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 …


