ISSN: 1949-1891
Released April 24, 2015, 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
21.4 cents per pound for the week ending April 18, down 1.6 cents from the
previous week. Marketings of all farmer stock peanuts for the week ending
April 18 totaled 62.9 million pounds, down 25.6 million pounds from the
previous week.
Runner-type peanut prices averaged 20.9 cents per pound for the week ending
April 18, down 0.7 cent from the previous week. Marketings of runner-type
peanuts were 58.1 million pounds, down 9.48 million pounds from the previous
week.
Peanut Prices and Marketings by Type – United States: March 21, 2015-April 18, 2015
—————————————————————————————–
: Week ending
Item and type:————————————————————————–
: March 21, : March 28, : April 4, : April 11, : April 18,
: 2015 : 2015 : 2015 : 2015 : 2015
—————————————————————————————–
: dollars per pound
:
Average price :
Runner …….: 0.215 0.209 0.208 0.216 0.209
Spanish ……: (X) (X) (X) (X) (X)
Valencia …..: (X) (X) (X) (X) (X)
Virginia …..: 0.302 0.272 0.280 0.278 0.268
:
All ……….: 0.245 0.219 0.218 0.230 0.214
:
: 1,000 pounds
:
Marketings 1/ :
Runner …….: 63,463 97,631 96,761 67,568 58,091
Spanish ……: – – – – –
Valencia …..: – – – – –
Virginia …..: 33,686 18,284 16,533 20,928 4,848
:
All ……….: 97,149 115,915 113,294 88,496 62,939
—————————————————————————————–
– 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 [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………………. (202) 720-7621
Chris Hawthorn – Corn, Flaxseed, Proso Millet……… (202) 720-9526
James Johanson – County Estimates, Hay……………. (202) 690-8533
Anthony Prillaman – Oats, Rye, Wheat……………… (202) 720-2127
Bianca Pruneda – Peanuts, Rice…………………… (202) 720-7688
Travis Thorson – Soybeans, Sunflower, Other Oilseeds.. (202) 720-7369
Access to NASS Reports
For your convenience, you may access NASS reports and products the following
ways:
All reports are available electronically, at no cost, on the NASS web
site: http://www.nass.usda.gov
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For more information on NASS surveys and reports, call the NASS Agricultural
Statistics Hotline at (800) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail:
[email protected].
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