USDA U.S. Department of Agriculture - April 9, 2020
Peanut Prices
ISSN: 1949-1891
Released April 9, 2020, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, United States Department of
Agriculture (USDA).
Peanut Price Highlights
Peanut prices received by farmers for all farmer stock peanuts averaged
19.8 cents per pound for the week ending April 4, down 1.5 cents from the
previous week. Marketings of all farmer stock peanuts for the week ending
April 4 totaled 54.5 million pounds, down 172.6 million pounds from the
previous week.
Runner-type peanut prices averaged 19.5 cents per pound for the week ending
April 4, down 0.2 cent from the previous week. Marketings of runner-type
peanuts totaled 51.8 million pounds, down 134.8 million pounds from the
previous week.
Peanut Prices and Marketings by Type - United States: March 7, 2020-April 4, 2020
-----------------------------------------------------------------------------------------
: Week ending
Item and type:--------------------------------------------------------------------------
: March 7, : March 14, : March 21, : March 28, : April 4,
: 2020 : 2020 : 2020 : 2020 : 2020
-----------------------------------------------------------------------------------------
: dollars per pound
:
Average price :
Runner .......: 0.201 0.198 0.197 0.197 0.195
Spanish ......: (X) 0.235 (X) 0.511 0.251
Valencia .....: (X) (X) (X) (X) (X)
Virginia .....: (X) 0.264 0.222 0.230 (X)
:
All ..........: 0.201 0.202 0.204 0.213 0.198
:
: 1,000 pounds
:
Marketings 1/ :
Runner .......: 86,745 116,387 64,646 186,609 51,774
Spanish ......: - 8,010 - 8,586 2,738
Valencia .....: - - - - -
Virginia .....: - 4,404 25,996 31,876 -
:
All ..........: 86,745 128,801 90,642 227,071 54,512
-----------------------------------------------------------------------------------------
- Represents zero.
(X) Not applicable.
1/ Quantity purchased from farmers.
Statistical Methodology
Survey procedures: Price and marketing information included in this report is
provided the beginning of each week by first buyers of farmer stock peanuts.
Each week, respondents are asked to report total pounds purchased
(marketings) from farmers and total dollars paid, by type (Runners, Spanish,
Valencias, and Virginias), for the previous week. The reported data are to
include all qualities and grades and exclude peanuts used for seed. Data are
collected by telephone, fax, and internet each week for the previous week.
The peanut price survey is an enumeration of all known first buyers of farmer
stock peanuts from growers. Every effort is made to obtain a report from all
buyers.
Estimating procedures: Since a complete report is not received from all
buyers each week, the reported quantities purchased and total dollars paid
for each type are expanded to account for non-response. These expanded data
are then used to calculate the weighted average price for each type.
Estimates of price and marketings are prepared by the Agricultural Statistics
Board and reviewed for reasonableness with recent historic estimates and
between the different peanut types.
Revision policy: Price and marketing estimates for the prior three weeks are
subject to revision based on late reports. At the end of the marketing year,
all buyers will have an opportunity to update or provide any late data for
any week during the marketing year. After this data is incorporated with
previously reported data, revised weekly estimates will be published for the
entire marketing year.
Reliability: The peanut price survey is subject to non-sampling errors such
as omission, duplication, imputation for missing data, and mistakes in
reporting, recording, and processing the data. These errors cannot be
measured directly, but are minimized through rigid quality controls in the
data collection process and a careful review of all reported data for
consistency and reasonableness.
Information Contacts
Listed below are the commodity statisticians in the Crops Branch of the
National Agricultural Statistics Service to contact for additional
information. E-mail inquiries may be sent to nass@usda.gov
Lance Honig, Chief, Crops Branch.............................. (202) 720-2127
Chris Hawthorn, Head, Field Crops Section..................... (202) 720-2127
David Colwell - Current Agricultural Industrial Reports.. (202) 720-8800
Chris Hawthorn - Corn, Flaxseed, Proso Millet............ (202) 720-2127
James Johanson - County Estimates, Hay................... (202) 690-8533
Jeff Lemmons - Oats, Soybeans............................ (202) 690-3234
Irwin Anolik - Crop Weather.............................. (202) 720-7621
Chris Hawthorn - Peanuts, Rice........................... (202) 720-2127
Jean Porter - Rye, Wheat................................. (202) 720-8068
Chris Singh - Cotton, Cotton Ginnings, Sorghum........... (202) 720-5944
Travis Thorson - Barley, Sunflower, Other Oilseeds....... (202) 720-7369
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