Peanut Futures series: Oversupply not deterring more 2014 peanut planting
Story Date: 4/14/2014

 

Source:  Paul Hollis, SOUTHEAST FARM PRSS, 4/10/14
 
Unlike other U.S. commodities, there is no cash or spot market or futures exchange for peanuts. This leaves few alternatives to growers for marketing their peanuts. For this reason, it is vital to the future of the peanut industry that new markets are continually developed and that established ones are expanded. To be successful, growers must be aware of the dynamics of this complex market. Peanut Futures: Marketing for Profitability, an exclusive editorial series sponsored by DuPont Crop Protection, will examine recent developments in U.S. and international peanut markets.


None of the Southeastern row crops has begged to be planted this spring, in terms of price, and peanuts are no different. But despite a supply and demand imbalance, Southeastern farmers still intend to plant significantly more peanuts in 2014 than in 2013.

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