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    Crop Production and Peanut Stocks and Processing, NASS, USDA, Census Bureau, and U.S. Department of Commerce Harvest Lbs/ac Begin Stocks Imports Seed & Residual

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    Brittany Etheridge
    Farmers will receive over $1 billion in payments through June 15 from USDA programs that provide assistance for quality losses during 2018-2019 natural disasters. The 2021 U.S. peanut crop is forecast to be 3.16 million tons, up 3% from last year, with yields expected to increase 6.6% to 4,050 pounds per acre despite 1.5% fewer acres. USDA will provide additional pandemic assistance over the next 60 days to agricultural producers and businesses impacted by COVID-19, including support for timber harvesters, biofuels, dairy, livestock, and grants for personal protective equipment.

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    Crop Production and Peanut Stocks and Processing, NASS, USDA, Census Bureau, and U.S. Department of Commerce Harvest Lbs/ac Begin Stocks Imports Seed & Residual

    Uploaded by

    Brittany Etheridge
    38 views1 page
    Farmers will receive over $1 billion in payments through June 15 from USDA programs that provide assistance for quality losses during 2018-2019 natural disasters. The 2021 U.S. peanut crop is forecast to be 3.16 million tons, up 3% from last year, with yields expected to increase 6.6% to 4,050 pounds per acre despite 1.5% fewer acres. USDA will provide additional pandemic assistance over the next 60 days to agricultural producers and businesses impacted by COVID-19, including support for timber harvesters, biofuels, dairy, livestock, and grants for personal protective equipment.

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    06-70 -21

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    06-70 -21

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    Farmers will receive over $1 billion in payments through June 15 from USDA programs that provide assistance for quality losses during 2018-2019 natural disasters. The 2021 U.S. peanut crop is forecast to be 3.16 million tons, up 3% from last year, with yields expected to increase 6.6% to 4,050 pounds per acre despite 1.5% fewer acres. USDA will provide additional pandemic assistance over the next 60 days to agricultural producers and businesses impacted by COVID-19, including support for timber harvesters, biofuels, dairy, livestock, and grants for personal protective equipment.

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    38 views1 page

    Crop Production and Peanut Stocks and Processing, NASS, USDA, Census Bureau, and U.S. Department of Commerce Harvest Lbs/ac Begin Stocks Imports Seed & Residual

    Uploaded by

    Brittany Etheridge
    Farmers will receive over $1 billion in payments through June 15 from USDA programs that provide assistance for quality losses during 2018-2019 natural disasters. The 2021 U.S. peanut crop is forecast to be 3.16 million tons, up 3% from last year, with yields expected to increase 6.6% to 4,050 pounds per acre despite 1.5% fewer acres. USDA will provide additional pandemic assistance over the next 60 days to agricultural producers and businesses impacted by COVID-19, including support for timber harvesters, biofuels, dairy, livestock, and grants for personal protective equipment.

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    PEANUT MARKETING NEWS – June 16, 2021 – Tyron Spearman, Editor (70)

    FARMERS GET HELP ON QUALITY DAMAGE DURING DISASTERS - More than $1 billion in payments will be released
    over the next several weeks starting June 15 for agricultural producers with approved applications for the Quality Loss Adjustment
    (QLA) Program and for producers who have already received payments through the Wildfire and Hurricane Indemnity Program
    Plus (WHIP+). These U.S. Department of Agriculture (USDA) programs provide disaster assistance to producers who suffered
    losses to 2018 and 2019 natural disasters.
    PEANUT SUPPLY & DISAPPEARANCE– Source: Crop Production and Peanut Stocks and Processing, NASS, USDA, Census Bureau,
    and U.S. Department of Commerce –June 15, 2021. (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
    2019/20 1,433 1,390 3,934 2,421 114 5,466 8,001 3,214 774 287 1,608 5,883 2,118
    2020/21 1,664 1,616 3,796 2,118 115 6,134 8,367 3,338 850 581 1,500 6,269 2,098
    2021/22 1,626 1,560 4,050 2,098 115 6,320 8,533 3,391 850 666 1,500 6,407 2,126
    Divide by 2,000 to get exact farmer stock numbers. 2018/19 is Estimated, 2020/21 & 2021/22 are forecast.
    USDA ESTIMATES – Minor changes on disappearance, supply is the same estimate. U.S. peanut production is forecast to be
    3,160,000 tons, a 3 percent increase. Harvested acres are estimated at 1,560,000 acres, down 3.5 percent from last year. The
    U.S. average yield per acre is forecast to be 4,050 lbs per acre, a 6.6 percent increase over last year.
    Market demand or disappearance totals 3,203,500 tons, a 1% increase. Demand is 43,500 tons more than the supply.
    Domestic food usage is forecast to be UP 1.6%. Crushing for oil and exports remaining the same as last year. Even with all the
    changes, ending stocks will remain at 1,063,000 tons.

    NATIONAL POSTED PRICE SHELLED MKT PRICE MARKET LOAN WEEKLY PRICES
    from USDA each Tuesday at 3 PM, USDA - 9 - Mo. loan Average prices
    Good till Next day at 12:01 am EST. insp. = Inspected Marketing by type
    Week- June 15, 2021 Date – 6-15, 2021 Farmer stock tons Date – 6-5-2021
    $424.55 per ton/Runners Shelled Runners 2019-20 Crop 2020-21 Crop Runners - $.205- $410 t
    $415.57 per ton/Spanish 2020 Crop - $.53- $.55 lb. Date 6-16-2020 6-15-2021 Spanish – $.173 -$346 t
    $428.74 per ton/Valencia 6-16-20 Jum$.80- $.85 lb Loans 2,341,062 2,435,355 Virginias - None
    $428.74 per ton/Virginia Blanched Whole - $.85 to $.90 Redeemed 1,468,101 1,621,852 Average - $.205 t
    Same as last week 6-18-19 Jum $.46 Med, $.45 In Loan 872,961 813,503 Runners –89,905,000#
    Splits $.44 Estimate 2,748,043 t 3,067,168 t Spanish - 90,000 #
    4-23-2021 (2020 crop) Inspected 2,752,280 t 3,107,188 t Virginias – None
    2020 Crop USDA Estimate (Final)- 1,616,000 acres harvested X 3,796 lbs. ac = 3,067,168 tons TOTAL –89,995,000#
    2021 Peanut Acreage Estimate – 1,626,000 acres planted; 1,560,000 ac. harvested DOWN $ 1.2 ct/lb
    Average estimated yield – 4,050 lbs. ac. Production estimate 3,160,000 tons, up 3%
    2021 Farmer Stock Contracts – $500 per ton /$475 per ton, plus $25 per ton premium on seed and/or High Oleic(HO)
    VC – Virginias – Some $500/$520 per ton, + $25 per ton for irrigated, Runners -$475 per ton + $25 for HO or irrigation.
    Prices Received by Sep 2020 Oct 2020 Nov 2020 Dec 2020 Jan.2021 Feb.2021 Mar. 2021 Apr. 2021 Projected PLC
    Farmers (PLC $.205 $.209 $.212 $.204 $.205 $.205 $.212 $.214 $535-$415
    2019 Program) $410 ton $418 ton $424 ton $408 ton $410 ton $410 ton $424 ton $428 ton $120 / 85% Base
    USDA TO AID PRODUCERS & AG BUSINESS IMPACTED BY PANDEMIC -Ag Secretary Tom Vilsack has announced
    additional aid to agricultural producers and businesses as part of the USDA Pandemic Assistance for Producers initiative.
    Earlier this year, Secretary Vilsack announced plans to use available pandemic assistance funds to address a number of
    gaps and disparities in previous rounds of aid. As part of the Pandemic Assistance initiative announced in March, USDA pledged
    to continue Coronavirus Food Assistance Program (CFAP) payments and to provide aid to producers and businesses left
    behind. Implementation of the assistance will continue within 60 days to include support to timber harvesters, biofuels, dairy
    farmers and processors, livestock farmers and contract growers of poultry, assistance for organic cost share, and grants for PPE.

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