Peanut Price Highlights

0
621
ISSN: 1949-1891

Released August 28, 2015, by the National Agricultural Statistics Service 
(NASS), Agricultural Statistics Board, United States Department of 
Agriculture (USDA).


Peanut prices received by farmers for all farmer stock peanuts averaged 
24.4 cents per pound for the week ending August 22. Marketings of all farmer 
stock peanuts for the week ending August 22 totaled 18.2 million pounds.

Peanut Prices and Marketings by Type - United States: July 25, 2015-August 22, 2015
-----------------------------------------------------------------------------------------
              :                               Week ending                                
 Item and type:--------------------------------------------------------------------------
              :   July 25,   :  August 1,   :  August 8,   :  August 15,  :  August 22,  
              :     2015     :     2015     :     2015     :     2015     :     2015     
-----------------------------------------------------------------------------------------
              :                            dollars per pound                             
              :                                                                          
Average price :                                                                          
Runner .......:     0.220          0.213          0.211          (D)              (D)    
Spanish ......:       (X)            (X)            (X)          (X)              (X)    
Valencia .....:       (X)            (X)            (X)          (X)              (X)    
Virginia .....:     0.270          0.267          0.266          (X)              (D)    
              :                                                                          
All ..........:     0.228          0.234          0.224          (D)            0.244    
              :                                                                          
              :                               1,000 pounds                               
              :                                                                          
Marketings 1/ :                                                                          
Runner .......:    57,916         36,269         22,092          (D)              (D)    
Spanish ......:         -              -              -            -                -    
Valencia .....:         -              -              -            -                -    
Virginia .....:    10,956         23,348          6,976            -              (D)    
              :                                                                          
All ..........:    68,872         59,617         29,068          (D)           18,186    
-----------------------------------------------------------------------------------------
-   Represents zero.                                                                     
(D) Withheld to avoid disclosing data for individual operations.                         
(X) Not applicable.                                                                      
1/  Quantity purchased from farmers.                                                     

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Peanut Prices by Type and Week - United States: 2014-2015
--------------------------------------------------------------------------------
                    :                       Average price                       
                    :-----------------------------------------------------------
     Week ending    :  Runner   :  Spanish  : Valencia  : Virginia  :    All    
--------------------------------------------------------------------------------
                    :                     dollars per pound                     
                    :                                                           
August 2, 2014 .....:    0.200         (X)       (X)           (X)       0.200  
August 9, 2014 .....:      (D)         (X)       (X)           (X)         (D)  
August 16, 2014 ....:      (D)         (X)       (X)           (X)         (D)  
August 23, 2014 ....:    0.219         (X)       (X)         0.261       0.220  
August 30, 2014 ....:    0.223       0.337       (X)         0.266       0.230  
                    :                                                           
September 6, 2014 ..:    0.215         (X)       (X)           (X)       0.215  
September 13, 2014 .:      (D)         (X)       (X)           (D)         (D)  
September 20, 2014 .:    0.204         (X)       (X)           (X)       0.204  
September 27, 2014 .:    0.170       0.324       (X)         0.266       0.205  
                    :                                                           
October 4, 2014 ....:    0.186       0.321       (X)         0.274       0.207  
October 11, 2014 ...:    0.190       0.315       (X)         0.268       0.205  
October 18, 2014 ...:    0.194       0.312       (X)         0.283       0.206  
October 25, 2014 ...:    0.193       0.315       (X)         0.285       0.208  
                    :                                                           
November 1, 2014 ...:    0.210       0.313       (X)         0.299       0.220  
November 8, 2014 ...:    0.203       0.387       (X)         0.282       0.212  
November 15, 2014 ..:    0.205       0.325       (X)         0.296       0.212  
November 22, 2014 ..:    0.206       0.316       (X)         0.274       0.209  
November 29, 2014 ..:    0.212       0.577       (X)         0.291       0.230  
                    :                                                           
December 6, 2014 ...:    0.198       0.326       (X)         0.264       0.209  
December 13, 2014 ..:    0.205       0.257       (X)         0.138       0.204  
December 20, 2014 ..:    0.210       0.093       (X)         0.153       0.208  
December 27, 2014 ..:    0.209         (X)       (X)         0.270       0.219  
                    :                                                           
January 3, 2014 ....:    0.190         (X)       (X)         0.163       0.190  
January 10, 2015 ...:    0.181       0.601       (X)         0.277       0.261  
January 17, 2015 ...:    0.211         (X)       (X)         0.298       0.220  
January 24, 2015 ...:    0.217         (X)       (X)         0.264       0.224  
                    :                                                           
January 31, 2015 ...:    0.209         (X)       (X)           (X)       0.209  
February 7, 2015 ...:    0.213       0.459       (X)         0.262       0.237  
February 14, 2015 ..:    0.210       0.304       (X)         0.294       0.224  
February 21, 2015 ..:    0.206       0.300       (X)         0.262       0.214  
                    :                                                           
February 28, 2015 ..:    0.214         (X)       (X)           (X)       0.214  
March 7, 2015 ......:    0.215         (X)       (X)         0.269       0.219  
March 14, 2015 .....:    0.214         (X)       (X)         0.268       0.220  
March 21, 2015 .....:    0.215         (X)       (X)         0.302       0.245  
March 28, 2015 .....:    0.209         (X)       (X)         0.272       0.219  
                    :                                                           
April 4, 2015 ......:    0.208         (X)       (X)         0.280       0.218  
April 11, 2015 .....:    0.216         (X)       (X)         0.278       0.230  
April 18, 2015 .....:    0.209         (X)       (X)         0.268       0.214  
April 25, 2015 .....:    0.202         (X)       (X)         0.278       0.218  
                    :                                                           
May 2, 2015 ........:    0.212       0.168       (X)         0.269       0.220  
May 9, 2015 ........:    0.210       0.170       (X)         0.277       0.221  
May 16, 2015 .......:    0.214       0.419       (X)         0.278       0.235  
May 23, 2015 .......:    0.209       0.165       (X)         0.288       0.221  
May 30, 2015 .......:    0.204       0.347       (X)         0.265       0.222  
                    :                                                           
June 6, 2015 .......:    0.207       0.406       (X)         0.268       0.217  
June 13, 2015 ......:    0.208       0.303       (X)         0.266       0.213  
June 20, 2015 ......:    0.216       0.165       (X)         0.270       0.220  
June 27, 2015 ......:    0.206         (X)       (X)         0.280       0.226  
                    :                                                           
July 4, 2015 .......:    0.212       0.168       (X)         0.275       0.219  
July 11, 2015 ......:    0.208         (X)       (X)         0.283       0.225  
July 18, 2015 ......:    0.220         (X)       (X)         0.277       0.241  
July 25, 2015 ......:    0.220         (X)       (X)         0.270       0.228  
--------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.                
(X) Not applicable.                                                             

Peanut Marketings by Type and Week - United States: 2014-2015
--------------------------------------------------------------------------------
                    :                       Marketings 1/                       
                    :-----------------------------------------------------------
     Week ending    :  Runner   :  Spanish  : Valencia  : Virginia  :    All    
--------------------------------------------------------------------------------
                    :                       1,000 pounds                        
                    :                                                           
August 2, 2014 .....:      546          -         -             -          546  
August 9, 2014 .....:      (D)          -         -             -          (D)  
August 16, 2014 ....:      (D)          -         -             -          (D)  
August 23, 2014 ....:   34,181          -         -           274       34,455  
August 30, 2014 ....:   46,265      1,901         -         3,426       51,592  
                    :                                                           
September 6, 2014 ..:      331          -         -             -          331  
September 13, 2014 .:      (D)          -         -           (D)          (D)  
September 20, 2014 .:    5,689          -         -             -        5,689  
September 27, 2014 .:   12,573        584         -         6,139       19,296  
                    :                                                           
October 4, 2014 ....:   24,795      3,250         -         1,992       30,037  
October 11, 2014 ...:   72,333      5,888         -         6,608       84,829  
October 18, 2014 ...:   78,173      6,484         -         3,896       88,553  
October 25, 2014 ...:   81,107      4,242         -         9,893       95,242  
                    :                                                           
November 1, 2014 ...:  126,888      6,569         -         8,213      141,670  
November 8, 2014 ...:   95,702      1,429         -         8,424      105,555  
November 15, 2014 ..:   70,448        576         -         5,145       76,169  
November 22, 2014 ..:   64,510        592         -         1,924       67,026  
November 29, 2014 ..:   32,616      1,010         -         3,655       37,281  
                    :                                                           
December 6, 2014 ...:   28,799        715         -         4,114       33,628  
December 13, 2014 ..:   37,571        300         -           769       38,640  
December 20, 2014 ..:   52,101        202         -         1,672       53,975  
December 27, 2014 ..:   45,015          -         -         9,057       54,072  
                    :                                                           
January 3, 2014 ....:   23,435          -         -           140       23,575  
January 10, 2015 ...:   49,069     11,431         -         2,547       63,047  
January 17, 2015 ...:   68,340          -         -         7,533       75,873  
January 24, 2015 ...:   35,806          -         -         6,424       42,230  
                    :                                                           
January 31, 2015 ...:   93,070          -         -             -       93,070  
February 7, 2015 ...:  101,555     10,513         -         1,211      113,279  
February 14, 2015 ..:   70,801      3,155         -        10,027       83,983  
February 21, 2015 ..:   75,026      4,321         -         4,846       84,193  
                    :                                                           
February 28, 2015 ..:  112,068          -         -             -      112,068  
March 7, 2015 ......:   82,535          -         -         6,632       89,167  
March 14, 2015 .....:   99,957          -         -        12,833      112,790  
March 21, 2015 .....:   63,463          -         -        33,686       97,149  
March 28, 2015 .....:   97,631          -         -        18,284      115,915  
                    :                                                           
April 4, 2015 ......:   96,761          -         -        16,533      113,294  
April 11, 2015 .....:   67,568          -         -        20,928       88,496  
April 18, 2015 .....:   58,091          -         -         4,848       62,939  
April 25, 2015 .....:   70,202          -         -        18,790       88,992  
                    :                                                           
May 2, 2015 ........:   69,038        295         -        10,899       80,232  
May 9, 2015 ........:  103,673        899         -        21,018      125,590  
May 16, 2015 .......:   85,273      3,855         -        25,443      114,571  
May 23, 2015 .......:   75,030        869         -        14,749       90,648  
May 30, 2015 .......:   78,332      9,208         -         5,798       93,338  
                    :                                                           
June 6, 2015 .......:   75,664      3,009         -         3,150       81,823  
June 13, 2015 ......:   99,340         87         -         7,530      106,957  
June 20, 2015 ......:   56,142      1,484         -         6,698       64,324  
June 27, 2015 ......:   53,168          -         -        19,589       72,757  
                    :                                                           
July 4, 2015 .......:   43,971      2,012         -         7,546       53,529  
July 11, 2015 ......:   47,393          -         -        13,912       61,305  
July 18, 2015 ......:   38,906          -         -        22,456       61,362  
July 25, 2015 ......:   57,916          -         -        10,956       68,872  
--------------------------------------------------------------------------------
-   Represents zero.                                                            
(D) Withheld to avoid disclosing data for individual operations.                
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 [email protected]

Lance Honig, Chief, Crops Branch......................... (202) 720-2127

Anthony Prillaman, Head, Field Crops Section............. (202) 720-2127
     Angie Considine - Cotton, Cotton Ginnings, Sorghum.. (202) 720-5944
     Tony Dahlman - Crop Weather, Barley, Soybeans....... (202) 720-7621
     Chris Hawthorn - Corn, Flaxseed, Proso Millet....... (202) 720-9526
     James Johanson - County Estimates, Hay.............. (202) 690-8533
     Jean Porter - Oats, Rye, Wheat...................... (202) 720-8068
     Bianca Pruneda - Peanuts, Rice...................... (202) 720-7688
     Travis Thorson - Sunflower, Other Oilseeds.......... (202) 720-7369

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