Tag Archives: Harvest

Peanuts Need A Profitable Rotation Partner To Stem Yield Decline

  Peanuts are a shining star in the agricultural “tool box” as growers have been offered reasonable early contracts and the world is demanding more peanuts. Producers are usually optimistic when they smell fresh-plowed dirt and can look forward to a bountiful harvest at the end of the season, even when prices are not so good. However, peanut optimism is ... Read More »

Times Are Good, But Key Market Factors Bear Watching

  Peanut farmers prepare for the 2017 peanut crop in good condition, marketing wise. There is no surplus of 2016 crop peanuts, except for a few lots with European Union edible quality, mostly jumbo runners. The market is very tight and that is likely to continue domestically until December 2017. Export markets will be influenced by the present crop in ... Read More »

No Excess In U.S. Supply, But Watch Other Origins

  The final numbers are almost in on U.S. peanut production from 2016. USDA predicted 2,842,305 farmer-stock tons, while the Federal Crop Inspection Service has counted 2,770,299 tons. The numbers are short of the October prediction of 3,155,100 tons. Lack of rain the last 90 days of the growing season caused both quality and quantity issues. The new numbers are ... Read More »

Strong Contracting Confirms Need For More Peanuts

  Down on the farm, producers are somewhat optimistic as domestic and export demand for peanuts remains strong. Other commodities do not produce such optimism, but prices have improved since Trump was elected President. Peanut producers need a strong crop for rotation. Early indications are for an acreage increase. The first estimate will be issued by USDA on March 30. ... Read More »

Market Watch

Demand For U.S. Peanuts Remains Strong At Home And Abroad The peanut nation has experienced some unusual occurrences that may impact the growth and expansion of the U.S. peanut industry for years. In producing the 2016 crop, these challenges came about as a complete surprise and were met with mixed reviews. First, USDA statisticians over estimated the carryforward from 2015 ... Read More »

Challenging Year In South Carolina

Hopes for good harvest weather were dashed with Hurricane Matthew The 2016 peanut harvest is under way in South Carolina and pests and weather have been the main issues affecting this year’s crop. The 2016 peanut harvest has started in some parts of the state with several growers who have started digging Virginia type varieties. Other growers will have to ... Read More »

Market Watch

Who Would Have Guessed This? The American peanut industry has just experienced one of the most amazing marketing years in history. Based on USDA estimates and with the industry facing an unusually large carry-forward, prices were reduced throughout the industry and cutbacks from the farm to the sheller were encouraged. Farmers were even encouraged not to plant peanuts for the ... Read More »

A Golden Opportunity

A more modern warehouse facility in Vienna, Ga., will mean more efficient unloading and enhanced quality. The increase in peanut tonnage over the last decade has heightened the need to modernize peanut processing facilities. Golden Peanut and Tree Nuts is investing in a significant upgrade and modernization of the company’s warehouse in Vienna, Ga., which will help to increase unloading ... Read More »

Do we have a bigger, better, safer industry than ever before?

The peanut market is often difficult to read, evaluate and especially to explain. The markets for farmer-stock peanuts have little or no impact on the shelled-market price at the sheller level. The export market for the farmer is lost in the blending of seasonal prices and world competition. Even the domestic market for the farmer is a three-way deal between ... Read More »

Export market picks up with shipments to China, Vietnam

The U.S. peanut market is getting mixed signals at home and abroad causing the producers to be concerned as to how to manage under the present peanut program. The Commodity Credit Corporation is successfully moving ahead with selling or exchanging 2014 forfeited farmer-stock peanuts to clear out warehouses. USDA is seeking bids on major purchases to go to nutrition programs ... Read More »