Peanuts Are Getting More Expensive in the US

USDA releases new information on US peanut market. Stocks are falling, prices are rising.

Report says,

"Peanut prices received by farmers for all farmer stock peanuts averaged 27.3 cents per pound for the week ending
January 11, up 3.8 cents from the previous week. Marketings of all farmer stock peanuts for the week ending January 11 totaled 36.1 million pounds, down 61.4 million pounds from the previous week.

Runner-type peanut prices averaged 26.9 cents per pound for the week ending January 11, up 3.5 cents from the previous week. Marketings of runner-type peanuts totaled 32.6 million pounds, down 62.1 million pounds from the previous week."

More detailed information is available on the USDA Economics, Statistics and Market Information System website
https://downloads.usda.library.cornell.edu/usda-esmis/files/5t34sj58c/kp78jc43m/hq37xj163/pnpr0325.pdf

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