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PEANUT MARKETING NEWS – July 17, 2019 – Tyron Spearman, Editor (89)
NATIONAL POSTED PRICE SHELLED MKT PRICE MARKET LOAN WEEKLY PRICES
from USDA each Tuesday at 3 PM, USDA - 9 - Mo. loan Average prices (USDA)
Good til Next day at 12:01 am EST. insp. = Inspected Marketing by type
Week- July 16, 2019 Date – July 16, 2019 Farmer stock tons Date – 7-6-2019
$424.49 per ton/Runners Shelled Runners/ 2017 Crop 2018 Crop Runners - $.197 - $394 t
$415.84 per ton/Spanish Jum - $.46, Med- $.45, Date 7-17-2018 7-16-2019 Spanish – None
$429.80 per ton/Valencia Splits- $.44 Loans 2,734,773 2,339,940 Virginia – $.247 - $494 t
$429.80 per ton/Virginia Redeemed 1.761,108 1,492,286 Average - $.209- $418 t
Same as last week. 7-17-18 Jum $.49,Med. $.48 In Loan 973,665 847,654 Runners – 27,267,000 #
Splits $.47 lb. Estimate 3,616,800 2,730,800(F) Virginia.– 9,314,000 #
7-14-17 Med-$.60 Jum $.60 5-21- inspec 3,537,447 2,744,494 t Spanish – None
2019 U.S. Peanut Planted Acreage Estimate – 1,323,000 acres 3% decrease over 2018 TOTAL – 36,581,000 #
2019 Crop Estimate- 1,323,000 acres harvested X 4,051 lbs. ac = 2,679,736 tons DOWN 0.3 c/lb
2017 Forfeits – 121,684 tons (Barter #1 - 46,390 farmer stock tons for 12,718,080 lbs of peanut butter
Barter # 2 – Exchanging farmer stock peanuts for commercial peanut butter – 75,258 tons remain = Bids due July 16.
Prices ReceiveAug.– 2018 Sept– 2018 Oct- 2018 Nov 2018 Dec 2018 Jan - 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Final Est
farmers/PLC $.220 $.222 $.221 $.212 $.178 $.222 $.215 $.160 $.205 $.206 $.211
payments $ 440 ton $444 ton $442 ton $424 ton $356 ton $444 ton $430 ton $320 ton $410 ton $412 ton $422 t
Rotterdam CIF-shelled Nov – 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 From Foreign Ag
Runners – 40/50’s MT $1,250 $1,275 $1,255 $1,300 $1,325 $1,294 $1,305 $1,325 Service/USDA
APRES HONORS PEANUT RESEARCHERS AT 2019 ANNUAL MEETING - Over 350 attended the recent annual meeting of the
American Peanut Research and Education Society at Auburn University, the best in 16 years. Scientists from peanut producing states
in the U.S. plus 8 countries presented 140 papers and 50 posters. The Professional Recognition and Awards included
- Coyt T. Wilson Distinguished Service Award – Dr. Timothy Grey, University of Georgia
- Bailey Award– Ye “Juliet” Chu, Horticulture Department, University of Georgia
- Corteva Agriscience Research (Ag Div of Dow Dupont)– David Bertioli, University of Georgia
- Joe Sugg Graduate Student Competition
1st – Amanda Kaufman, North Carolina State University; 2nd – Caleb Weaver, University of Georgia,
3rd Place –Kayla Eason, University of Georgia
- Graduate Student Poster Competition (2019)
1st Place: Alan Peper, University of Georgia; 2nd –Misbah Munir, Clemson University
FELLOW OF SOCIETY
Dr. Peter Dotray, Texas A & M & Texas Tech
Dr. Barry Tillman, University of Florida
Michael Baring, Texas A&M AgriLife Research
Mark your calendar for the APRES 52nd Anniversary meeting next year in Dallas, Texas on July 14-16, 2020 at Omni Mandalay
Hotel, Las Colinas, Dallas, Texas. Info at https://apresinc.com.
PEANUTS IN THE NEXT 50 YEARS – A panel of key peanut leaders said at the APRES ANNUAL meeting that the peanut industry
can expect more consumer interest in sustainability, more pressure on environmental stewardship, more innovation and increased
emphasis on efficiency across the production supply chain. The surprise statement came from a farmer, “But peanut farmers are not
likely to make MORE money.” Read all about it with the LINK:
https://www.farmprogress.com/peanuts/sustainability-innovation-likely-peanuts-2069
TALKING NUTRITION WITH SCHOOL NURSES - Sherry Coleman Collins, National Peanut Board’s registered dietitian
consultant, partnered with Kevin Sauer, registered dietitian nutritionist and associate professor at Kansas State University, for
roundtable discussions during the National Association. Fast-paced, 20-minute rotating learning sessions allowed Coleman Collins to
share the basics about peanut allergies and keys to reducing the risk for reactions based on the latest research. Sauer shared
important facts about his research on school nutrition staff knowledge of food allergies and about theories of behavior change.
MARK YOUR CALENDAR – Sunbelt Ag Expo Field Day is Thursday, July 25 at 7:30 AM…Lots of peanut research underway.