Tag Archives: Markets

Peanut Proud Delivers

The industry rallies to aid those in need. Peanut Proud didn’t have far to travel with their disaster response to recent storms as it was neighbors in Southwest Georgia and Mississippi who were hit by severe weather two consecutive weeks in January. Even Southern Ag Carriers, who has transported peanut butter donations to other places, was ravaged by the storms, ... Read More »

Peanut Pointers

SCOTT MONFORT University of Georgia Extension Agronomist Don’t Cut Corners With Pests The peanut season has begun on a warm note. To date, we have only received a few cold days going into March. Luckily, rain has been a part of the weather patterns replenishing many of our ponds and aquifers. Looking at the short-term models, the current weather patterns ... 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 »

One for the Books

Enjoy the current market position, but remember a Farm Bill and trade agreements are needed. By Amanda Huber Plain and simple, there were not enough peanuts produced in 2016. But that’s what we know in hindsight. At planting, producers were cautioned not to plant too many peanuts and, for certain, don’t plant without knowing where those peanuts were going to ... Read More »

News Briefs

Georgia’s Perdue Selected Ag Sec. U.S. President Donald J. Trump has selected Sonny Perdue, the former governor of Georgia, to be Secretary of Agriculture. Perdue is a lifelong farmer. He graduated from Warner Robins High School and earned a doctorate in veterinary medicine in 1971 from the University of Georgia. Following his service as a Captain in the United States ... Read More »

News Briefs

Farm Bill Positioning Bob Redding of the Redding Firm in Washington D.C. recently told a group of farmers that although there will be some changes in the House and Senate for the 115th Congress, most of the agricultural leadership will remain in place for the 2018 Farm Bill. Redding says, “The Capitol Hill peanut leadership is well-positioned with regard to ... 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 »

News Briefs

Program Sign Up Underway The enrollment period for selecting Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs was announced by USDA FSA Administrator Val Dolcini. Producers on farms with base acres should visit their county FSA office to enroll in one of the programs for the 2017 crop year. The enrollment period will continue until Aug. 1, 2017. ... Read More »

News Briefs

New Members On Standards Board Agriculture Secretary Tom Vilsack has appointed three peanut producers and three industry representatives to serve on the Peanut Standards Board. All will serve three-year terms of office ending June 30, 2019. Secretary Vilsack appointed the following members: For the Southeast, producer Dwight Stansel, Wellborn, Fla., and industry representative John T. Gray III, Williston Peanut Inc., ... Read More »