Acreage dragging down peanut market
Story Date: 8/25/2010

 

Source:  Paul L. Hollis, SOUTHEAST FRM PRESS, 8/23/10

Prior to the 2010 planting season, the U.S. peanut industry was expecting an acreage increase of 8 to 10 percent. Instead, producers boosted their plantings by 17 percent, and the market is now reacting, says Richard Barnhill, an Albany, Ga., peanut broker.

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