2012 peanut crop off to a good start
date:Jul 04, 2012
n 2011, the U.S.D.A. said.
On June 28, the U.S.D.A. reported peanut prices averaged 35.3c per lb, or $706 a ton, for the week ending June 23, an increase of 1.7c per lb from the previous week. Although peanut prices have moderated in recent weeks, U.S.D.A. data show prices from early August 2011 until the present have mostly stayed above the 2010-2011 crop year levels, which also was viewed as an inferior harvest because of problems with aflatoxin. That price firmness undoubtedly influenced some
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