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 …
PLC Coverage Details
Understanding This Year’s USDA Peanut PLC Program Payments Peanut farmers across the Southeast continue to navigate fluctuating markets, and one tool available to support them is the USDA’s Price Loss Coverage (PLC) program. Many growers may qualify for a payment this year based on how the market price of peanuts compared to the USDA reference price. As explained, “The peanut …


