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Export Raw-Shelled Peanuts (MT) In-Shell Peanuts (MT) UP + 87.3%

- U.S. peanut exports for August 2019-December 2020 were down overall, with raw-shelled peanut exports down 20.4% but in-shell peanut exports up 87.3%. China has significantly increased its purchases of in-shell peanuts from the U.S. - The $1.9 trillion COVID relief bill being considered includes $16.1 billion for USDA programs, including a 15% increase in SNAP benefits and funds targeted toward buying commodities and supporting socially disadvantaged farmers. - Debate continues over the agriculture portions of the bill, with Democrats saying it will provide needed assistance and Republicans arguing it was drafted without enough input and will fall short.

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80 views

Export Raw-Shelled Peanuts (MT) In-Shell Peanuts (MT) UP + 87.3%

- U.S. peanut exports for August 2019-December 2020 were down overall, with raw-shelled peanut exports down 20.4% but in-shell peanut exports up 87.3%. China has significantly increased its purchases of in-shell peanuts from the U.S. - The $1.9 trillion COVID relief bill being considered includes $16.1 billion for USDA programs, including a 15% increase in SNAP benefits and funds targeted toward buying commodities and supporting socially disadvantaged farmers. - Debate continues over the agriculture portions of the bill, with Democrats saying it will provide needed assistance and Republicans arguing it was drafted without enough input and will fall short.

Uploaded by

Morgan Ingram
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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PEANUT MARKETING NEWS – February 12, 2021 – Tyron Spearman, Editor (18)
EXPORTS OF U.S. PEANUTS – From Foreign Agricultural Service for August 2019-DEC.2020(5 months) (MT=Metric Ton)
Country Aug19-Dec19 Aug 20-Dec20 Dec 19 Dec20 Countr Aug19-Dec20 Aug20-Dec20 Dec19 Dec20
Export Raw-Shelled Peanuts (MT) DOWN – 20.4 % In-Shell Peanuts (MT) UP + 87.3%
Canada 40,646 37,333 7,303 7,468 China 33,398 95,281 12,867 36,434
Mexico 36,364 28,654 7,956 8,360 Germany 3,647 2,209 266 90
China 14,216 17,945 1,991 1,697 Netherlands 840 3,238 85 96
Netherlands 10,352 3,952 1,475 169 Trinidad/Tob 1,732 1,458 188 206
Japan 2,591 2,908 678 856 Mexico 1,804 1,145 392 335
TOTAL (U.S.) 121,963 97,064 22,751 19,704 U.S. 58,505 109,560 16,289 38,886
Peanut Butter Exports (MT) DOWN – 8.6% TOTAL PEANUT EXPORTS (MT) UP + 9.7%
Canada 6,667 5,633 1,495 1,354 U.S. 235,918 258,768 53,016 69,035
Mexico 1,774 2,393 348 816 . China just keeps on buying from the U.S. In-shell peanut
Saudi Arabia 564 1,174 172 174 shipments totaled 36,434 MT in December increasing the 5
Korea, South 605 637 150 100 month total to 95,281 MT. Total in-shells are up 87.3% for
Hong Kong 402 555 80 74 the 5 Months. Raw shelled shipments are down 20%, peanut
TOTAL (U.S.) 17,153 15,669 3,527 3,552 butter down 8.6%. Overall, exports are up 10%. The tariffs in
Pnts Blanched 8,631 5,065 1,342 907 the EU of 25% are beginning to cause shipments to decline.
Crude Pnt Oil 1,224 2,829 478 713 Note the raw-shelled and in-shell sales to the Netherlands.
Ref. Pnt Oil EXP 949 835 151 229 The UK is no longer in top 5. Prices are going higher.
ShelledOil Stock 18,886 15,393 6,303 3,456
Mexico has bought 12,514 as PNTS, SH, Oil Stock.(5 mo)
PEANUTS – Shelled Oil Stock
Rotterdam CIF-(40- Apr 2020 May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020 Dec2020 Jan 2021
50) shelled Run-MT $1,534 $1,473 $1,444 $1,425 $1,394 $1,350 $1,400 $1,475 $1,550 $1,538

BILL TO BUY MORE COMMODITIES AND SUPPORT DISADVANTAGED - The $1.9 trillion relief plan moving through the
House of Representatives has roughly $16.1 billion in specific provisions for USDA -- mainly for nutrition programs -- but boosts
in agricultural aid steered toward buying commodities or supporting minority or socially-disadvantaged farmers and
ranchers. A key part of the bill would boost food-aid benefits, which take up roughly $12 billion in the projected costs of the
agricultural provisions. That includes a 15% boost in weekly benefits under USDA's Supplemental Nutrition Assistance Program
(SNAP) for lower-income people and those out of work. The higher benefits would run at least through the end of September.
The aid package is moving through Congress under a budget reconciliation process that would allow the Senate to pass the
bill without going through its typical 60-vote procedural approval. Both the House and Senate will pass their own versions of the aid
package. On Tuesday, the language in the Agriculture and Nutrition title of the FY2021 Budget Reconciliation Act was released.
It's unclear exactly when the House will bring the reconciliation package to a full floor vote. A big chunk of the aid will be
stimulus payments of $1,400 per individual earning up to $75,000 per year, or $150,000 for couples. The bill also could phase in
a higher minimum wage as well that could climb to $15 an hour.
Rep. David Scott, D-Ga., chairman of the House Agriculture Committee, said he is proud of the work that went into the bill,
which will provide assistance for farmers, rural communities and "the most vulnerable among us," Scott said.
"This bill is a stepping stone to the vision President Biden has set forth to get our country back on track. Each dollar included
in this legislation plays an invaluable role in doing just that," Scott said. "I am pleased to be a part of this effort to put our Black
farmers in a better position after suffering the impacts of this pandemic and the inability to receive equal access to USDA programs
over decades." Rep. Glenn "GT" Thompson, ranking member of the House Agriculture Committee, criticized the agricultural portions
of the reconciliation bill because of the lack of Republican input.
"Democrats unveiled their $16 billion, which was drafted behind closed doors, placing secrecy over solutions," Thompson
said. "The package is neither timely, nor targeted, and will fall devastatingly short of delivering direct relief for the agriculture
industry and farm families. I implore my colleagues across the aisle to work with us to more thoroughly review resources and need
to better provide support.”

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