Tyron Spearman has this week’s peanut market update.
Shipping Out More U.S. Peanuts
The latest numbers show more and more U.S. peanuts are being shipped out to other countries. Tyron Spearman looks at the new figures.
Efforts Continue to Produce Peanut Products
The American Peanut Council (APC) fully supports the U.S. peanut industry as it continues to deliver safe, nutritious products to the world during this difficult time. As Tyron Spearman reports, manufacturers are working hard to ensure the health and safety of employees while continuing to maintain production and shipment of healthy and nutritious products. With more and more Americans facing temporary economic instability, …
Peanut Farmers Discuss CARES Act
Last Friday, the Georgia Peanut Commission hosted a webinar discussion to help farmers learn more about the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. Tyron Spearman has more details. Listen to the full Peanut & Agribusiness COVID-19 Relief Act Update Webinar.
American Peanut Council Focusing on Aflatoxin
The American Peanut Council has formed a task force to focus on aflatoxin. Tyron Spearman has the story.
Peanut Butter Usage Increasing
New numbers indicate that peanut butter usage is increasing. And according to Tyron Spearman, that trend is expected to continue.
Peanut Utilization is Up
USDA’s National Agricultural Statistics Service (NASS) issued their latest Peanut Stocks and Processing Report last week, and it notes utilization for shelled edible grade is up 4% from last year. Tyron Spearman has the details.
More Economic Security Act Details
Late last week the U.S. Congress sent the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act) to President Trump and he has signed it. Tyron Spearman has a look at more of the key agricultural provisions in the bill.
Lower Cotton Price Putting Pressure on Acreage for Peanuts
The hope of higher prices for cotton disappeared due to the coronavirus, thus the lack of cotton competition as a rotation crop means no competition for land for peanut acreage. And according to a story from Tyron Spearman, this also means no aggressive contracting of 2020 crop peanuts.
Coronavirus Relief Package Details
The new Coronavirus relief legislation package provides crucial federal disaster assistance for various aspects of agriculture. Tyron Spearman has more details.