The USDA didn’t rock the market this past week predicting that acreage in peanuts would be down 1 percent for the coming year. Tyron Spearman spoke with some brokers about the market and reports that “uncertainty” has been the buzz word around the peanut market these past few weeks.
Peanut Stocks and Processing has been issued by USDA for the seventh month of the marketing year. Tyron Spearman gives us a breakdown of the report.
USDA Agricultural Statistics Service released their annual Crop Planting Report. Tyron Spearman reports the outcome for peanuts, cotton, corn, soybeans, and wheat.
For peanut growers who filed claims in the antitrust litigation settlement, funds are being distributed. But according to Tyron Spearman, those who filed a claim in 2021 must submit a W-9 by March 31, 2022 in order to receive those funds. Click here to learn more about the notice regarding the proposed settlement.
No changes have been made in peanut contracts being offered, as growers prepare for the upcoming season. Tyron Spearman has a look at various factors before seed goes into the ground for this year’s crop.
The Peanut Proud Festival will be held this Saturday in Blakely, Ga. Tyron Spearman has more information about the annual event, along with a quick peanut market update.
While there is still uncertainty in some areas for peanut exports, Tyron Spearman reports they are still moving.
Various peanut groups from the Southeast combined in an effort to donate peanut butter to a certain organization in Washington D.C. Tyron Spearman has the details.
With Tuesday, March 22nd being National Agriculture Day, Tyron Spearman reports this is an important week. It National Ag Week.
As peanut farmers are trying to prepare for the 2022 season, the market is quiet right now. As Tyron Spearman reports, this is mostly due to the uncertainty and unrest right now.