Seminole Crop E News

Agricultural News for Farmers and Agribusiness in SW Georgia

  • RSS Ag News

    • An error has occurred; the feed is probably down. Try again later.
  • Enter email for new posts.

    Join 129 other followers

Peanut Economic Update

Posted by romeethredge on September 28, 2015

Thanks to Dr. Nathan Smith, UGA Ag Economist for these informative slides concerning Peanuts.

Fullscreen capture 9282015 43932 PMFullscreen capture 9282015 44019 PMFullscreen capture 9282015 44240 PMFullscreen capture 9282015 44258 PM

Growers have been offered $400 contracts for 2015 and there has been some interest from growers at this price.   Shelled prices are in the high 40 cents range.  The large carryover stocks will keep a lid on prices.  Low corn and cotton price will influence some growers to move to more peanuts. Georgia and US acreage likely to increase due to generic base and PLC reference price of $535 per ton.

Fullscreen capture 9302015 25753 PMFullscreen capture 9282015 44342 PM

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: