Below you'll find a list of all posts that have been tagged as “USDA peanut market outlook”
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 …
USDA Agriculture Department says we produced 3,590,000 tons of peanuts this past year. That’s an 11% increase over the previous year. Domestic use for domestic food is predicted to decrease this year about 1.6% so far. Peanuts for crush, that’s going into peanut oil, is up 22%. This could have been caused by some quality issues during the peanut harvest and some dry areas. Peanut …
