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    Yield: Harvest Lbs/ac Begin Stocks Imports Seed & Residual

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    Brittany Etheridge
    - The peanut supply and disappearance report from USDA forecasts 2019 peanut production at 5.48 billion pounds, a less than 1% decrease from 2018. With domestic use predicted up 1.9% and exports up 6.4%, ending stocks are estimated at 1,051,000 tons. - FSA has begun issuing 2018 ARC-County and PLC payments for covered commodities like peanuts that met payment triggers. For peanuts, the projected 2018 PLC payment rate was $105 per ton based on a statutory reference price of $535 per ton and market year average of $430 per ton. - The Peanut Institute is launching a 30-day "30/30 Peanut Challenge" to promote

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    Yield: Harvest Lbs/ac Begin Stocks Imports Seed & Residual

    Uploaded by

    Brittany Etheridge
    42 views1 page
    - The peanut supply and disappearance report from USDA forecasts 2019 peanut production at 5.48 billion pounds, a less than 1% decrease from 2018. With domestic use predicted up 1.9% and exports up 6.4%, ending stocks are estimated at 1,051,000 tons. - FSA has begun issuing 2018 ARC-County and PLC payments for covered commodities like peanuts that met payment triggers. For peanuts, the projected 2018 PLC payment rate was $105 per ton based on a statutory reference price of $535 per ton and market year average of $430 per ton. - The Peanut Institute is launching a 30-day "30/30 Peanut Challenge" to promote

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    10-136-19

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    10-136-19

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    - The peanut supply and disappearance report from USDA forecasts 2019 peanut production at 5.48 billion pounds, a less than 1% decrease from 2018. With domestic use predicted up 1.9% and exports up 6.4%, ending stocks are estimated at 1,051,000 tons. - FSA has begun issuing 2018 ARC-County and PLC payments for covered commodities like peanuts that met payment triggers. For peanuts, the projected 2018 PLC payment rate was $105 per ton based on a statutory reference price of $535 per ton and market year average of $430 per ton. - The Peanut Institute is launching a 30-day "30/30 Peanut Challenge" to promote

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    42 views1 page

    Yield: Harvest Lbs/ac Begin Stocks Imports Seed & Residual

    Uploaded by

    Brittany Etheridge
    - The peanut supply and disappearance report from USDA forecasts 2019 peanut production at 5.48 billion pounds, a less than 1% decrease from 2018. With domestic use predicted up 1.9% and exports up 6.4%, ending stocks are estimated at 1,051,000 tons. - FSA has begun issuing 2018 ARC-County and PLC payments for covered commodities like peanuts that met payment triggers. For peanuts, the projected 2018 PLC payment rate was $105 per ton based on a statutory reference price of $535 per ton and market year average of $430 per ton. - The Peanut Institute is launching a 30-day "30/30 Peanut Challenge" to promote

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    PEANUT MARKETING NEWS – October 21, 2019 – Tyron Spearman, Editor (136)
    NOTE: Tonnage reports halted due to FSA data processing issues. Resolution expected soon. (posted 10/21/2019)
    PEANUT SUPPLY & DISAPPEARANCE– Source: Crop Production and Peanut Stocks and Processing, NASS, USDA, Census Bureau
    and U.S. Department of Commerce – October 16, 2019. (OIL CROPS OUTLOOK) – Million pounds,
    Acres (1,000) Yield Supply Disappearance
    Yr. Beg Planted Harvest Lbs/ac Begin Imports Prod. Total Dom. Crush Seed & Exports TOTAL Ending
    Aug. 1 Stocks Food Residual Stocks
    2017/18 1,872 1,776 4,007 1,442 171 7,115 8,728 3,149 705 885 1,273 6,011 2,717
    2018/19 1,426 1,369 3,991 2,717 117 5,462 8,296 3,099 648 929 1,198 5,875 2,421
    2019/20 1,425 1,383 3,964 2,421 100 5,482 8,003 3,158 685 782 1,275 5,900 2,103
    Divide by 2,000 to get exact farmer stock numbers. 2017/18 is Estimated, 2018/19 & 2019/20 are forecast
    Production of peanuts is forecast at 5.48 billion pounds, (2,741,050 tons) down less than 1 percent from the revised 2018 total of 5.50
    billion pounds (2,750,000 tons). Harvested area is expected to total 1.38 million acres, unchanged from the previous forecast but up 1
    percent from 2018. With domestic use predicted up 1.9% and exports estimated to be up 6.4%, the ending stocks are now estimated at
    1,051,000 tons. Crush is also predicted up 5.7% due to aflatoxin increases from the harvested peanuts.
    With the fall drought in the Southeast, the estimated AVERAGE yield could be lowered thus reducing ending stocks.
    2018 CROP YEAR ARC AND PLC PROGRAMS - FSA began processing payments last week for 2018 ARC-County (ARC-CO) and
    PLC on covered commodities that met payment triggers on enrolled farms in the 2018 crop year. In addition to the $1.5 billion now in
    process, FSA anticipates it will issue another $1 billion in November once USDA’s National Agricultural Statistics Service publishes
    additional commodity prices for the 2018 crop.
    Producers who had 2018 covered commodities enrolled in ARC-CO can visit www.fsa.usda.gov/arc-plc for payment rates
    applicable to their county and each covered commodity. For farms and covered commodities enrolled in 2018 PLC, the following crops
    met payment triggers: barley, canola, corn, dry peas, grain sorghum, lentils, peanuts, and wheat. Oats and soybeans did not meet 2018
    PLC payment triggers.
    On peanuts– A final projected Effective price published in August was $430 per ton or $.2150 per pound. To determine
    assistance, subtract the Market Year Average (MYA) from the Statutory Reference Price. For 2018, subtract $430 per ton from $535 per
    ton (Reference Price) and the Projected or Final 2018 PLC Payment Rate is $105 per ton. This payment applies to 85% of the peanut
    farm base. Average prices continue low for 2019 as August prices averaged only $405 per ton.
    The peanut program paid farmers for 2017 peanut prices a total of $306,698,025 for Price Loss Coverage, all caused by low
    prices. Farmers selecting ARC received $96,180. The general base acres in the U.S. total 1,066,045 acres and payments will be applied
    to 85% of each farm base acres.

    30/30 PEANUT CHALLENGE ANNOUNCED - To celebrate this superfood, PEANUT, the PEANUT INSTITUTE is launching a
    30/30 Peanut Challenge. Peanuts have it all. They're tasty, low-cost and packed with protein, vitamins and minerals.
    SO, for 30 days, Americans are encouraged to incorporate 30 peanuts or two tablespoons of peanut butter into their daily
    diet. Dr. Samara Sterling, director of research for The Peanut Institute and also known as Dr. Peanut, cites peanuts' significant health
    benefits as the reason for the challenge.
    "We're encouraging everyone to join the challenge and share your experience on our social channels, #peanutchallenge," says
    Sterling. "Of course, I'm going to participate so you'll get to see how I make peanuts part of my day." As part of the 30/30 Peanut
    Challenge, The Peanut Institute is giving away 30 peanut-powered gift baskets throughout November.
    The 30/30 Peanut Challenge is easy to adopt since peanuts and peanut butter are extremely versatile and can be incorporated
    into breakfast, lunch, dinner and snack time. For more information on peanut recipes and the peanut-powered gift basket giveaway, visit
    peanutinstitute.com and see ways to be a 30/30 Peanut Challenge WINNER!!!

    PROMOTING PEANUTS & PB&J’S AT SUNBELT AG EXPO – The 42nd Annual Sunbelt Ag Expo in Moultrie, GA attracted more
    than 50,000 farmers and friends. The Georgia Peanut Commission building was filled with the great taste and smell of country fried
    peanuts. The Peanut Grilling team, headed by Sandra Spearman, made and grilled 4,000 PB&J’s (that’s 8,000 tastings) with Jif
    peanut butter, SMUCKERS apple jelly as sponsored by the Georgia Peanut Commission and the National Peanut Buying Points
    Association. Peter Pan and ConAgra were also distributing samples and promotional materials.
    The static displays included Kelley Manufacturing Company and other equipment companies. Amadas Company displayed
    combines and diggers. Field demos were cancelled due to wet conditions. Many chemicals companies had static exhibits in exhibit
    halls. On Saturday, sections of the Georgia Peanut Festival in Sylvester were cancelled. The Grillers could not cook in the rain.

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