Peanut Prices
ISSN: 1949-1891
Released November 27, 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
21.2 cents per pound for the week ending November 21, up 0.2 cent from the
previous week. Marketings of all farmer stock peanuts for the week ending
November 21 totaled 99.1 million pounds, up 28.8 million pounds from the
previous week.
Runner-type peanut prices averaged 20.8 cents per pound for the week ending
November 21, up 0.9 cent from the previous week. Marketings of runner-type
peanuts totaled 88.7 million pounds, up 29.7 million pounds from the previous
week.
Peanut Prices and Marketings by Type - United States: October 24, 2020-November 21, 2020
-----------------------------------------------------------------------------------------
: Week ending
Item and type:--------------------------------------------------------------------------
: October 24, : October 31, : November 7, : November 14, : November 21,
: 2020 : 2020 : 2020 : 2020 : 2020
-----------------------------------------------------------------------------------------
: dollars per pound
:
Average price :
Runner .......: 0.197 0.204 0.208 0.199 0.208
Spanish ......: 0.545 0.525 0.453 0.545 0.442
Valencia .....: (X) (X) (X) (X) (X)
Virginia .....: 0.225 0.227 0.224 0.224 0.223
:
All ..........: 0.204 0.215 0.218 0.210 0.212
:
: 1,000 pounds
:
Marketings 1/ :
Runner .......: 109,962 80,666 70,054 59,047 88,717
Spanish ......: 1,254 2,384 2,401 1,548 1,132
Valencia .....: - - - - -
Virginia .....: 15,774 16,579 17,763 9,700 9,279
:
All ..........: 126,990 99,629 90,218 70,295 99,128
-----------------------------------------------------------------------------------------
- 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
Irwin Anolik - Crop Weather.............................. (202) 720-7621
Joshua Bates - Oats, Soybeans............................ (202) 690-3234
David Colwell - Current Agricultural Industrial Reports.. (202) 720-8800
Becky Sommer - Cotton, Cotton Ginnings, Sorghum.......... (202) 720-5944
James Johanson - Barley, County Estimates, Hay........... (202) 690-8533
Greg Lemmons - Corn, Flaxseed, Proso Millet.............. (202) 720-9526
Jean Porter - Rye, Wheat................................. (202) 720-8068
John Stephens - Peanuts, Rice............................ (202) 720-7688
Travis Thorson - Sunflower, Other Oilseeds............... (202) 720-7369
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