Peanut Prices ISSN: 1949-1891 Released March 8, 2019, 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 18.7 cents per pound for the week ending March 2, down 2.0 cents from the previous week. Marketings of all farmer stock peanuts for the week ending March 2 totaled 5.42 million pounds, down 68.1 million pounds from the previous week. Runner-type peanut prices averaged 18.2 cents per pound for the week ending March 2, down 2.2 cents from the previous week. Marketings of runner-type peanuts totaled 5.36 million pounds, down 60.5 million pounds from the previous week. Peanut Prices and Marketings by Type - United States: February 2, 2019-March 2, 2019 ----------------------------------------------------------------------------------------- : Week ending Item and type:-------------------------------------------------------------------------- : February 2, : February 9, : February 16, : February 23, : March 2, : 2019 : 2019 : 2019 : 2019 : 2019 ----------------------------------------------------------------------------------------- : dollars per pound : Average price : Runner .......: 0.210 0.210 0.187 0.204 0.182 Spanish ......: 0.593 0.211 0.408 0.235 0.579 Valencia .....: (X) (X) (X) (X) (X) Virginia .....: 0.226 0.227 0.249 (X) (X) : All ..........: 0.232 0.215 0.208 0.207 0.187 : : 1,000 pounds : Marketings 1/ : Runner .......: 263,154 48,681 128,545 65,841 5,356 Spanish ......: 17,216 22 13,013 7,653 66 Valencia .....: - - - - - Virginia .....: 70,049 18,141 2,158 - - : All ..........: 350,419 66,844 143,716 73,494 5,422 ----------------------------------------------------------------------------------------- - 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@nass.usda.gov Lance Honig, Chief, Crops Branch.............................. (202) 720-2127 Travis Thorson, Head, Field Crops Section..................... (202) 720-2127 David Colwell - Current Agricultural Industrial Reports.. (202) 720-3338 Chris Hawthorn- Corn, Flaxseed, Proso Millet............. (202) 720-9526 James Johanson - County Estimates, Hay................... (202) 690-8533 Jeff Lemmons - Oats, Soybeans............................ (202) 690-3234 Jannety Mosley - Crop Weather, Barley.................... (202) 720-7621 Sammy Neal - Peanuts, Rice............................... (202) 720-7688 Jean Porter - Rye, Wheat................................. (202) 720-8068 Chris Singh - Cotton, Cotton Ginnings, Sorghum................ (202) 720-5944 Travis Thorson - 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: www.nass.usda.gov Both national and state specific reports are available via a free e- mail subscription. To set-up this free subscription, visit www.nass.usda.gov and click on "National" or "State" in upper right corner above "search" box to create an account and select the reports you would like to receive. Cornell's Mann Library has launched a new website housing NASS's and other agency's archived reports. The new website, https://usda.library.cornell.edu. 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You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov. USDA NASS Data Users' Meeting Tuesday, April 23, 2019 University of Chicago - Gleacher Center 450 North Cityfront Plaza Drive Chicago, IL 60611 312-464-8787 USDA's National Agricultural Statistics Service will hold an open forum for users of U.S. domestic and international agriculture data. NASS is organizing the 2019 Data Users' Meeting in cooperation with five other USDA agencies - Agricultural Marketing Service, Economic Research Service, Farm Service Agency, Foreign Agricultural Service, and World Agricultural Outlook Board - and the Census Bureau's Foreign Trade Division. Agency representatives will provide updates on recent and pending changes in statistical and information programs important to agriculture, answer questions, and welcome comments and input from data users. For registration details or additional information about the Data Users' Meeting, see the meeting page on the NASS website (https://www.nass.usda.gov/Education_and_Outreach/Meeting/index.php). Contact Vernita Murray (NASS) at 202-690-8141 or vernita.murray@nass.usda.gov or Patricia Snipe (NASS) at 202-720-2248 or patricia.snipe@nass.usda.gov for information. The Data Users' Meeting precedes the Industry Outlook Conference at the same location on Wednesday, April 24, 2019. The outlook meeting brings together analysts from various commodity sectors to discuss developments and trends. For registration details or additional information about the Industry Outlook Conference, see the conference page on the LMIC website (http://lmic.info/page/meetings). Or contact Laura Lahr at 303-716-9935 or laura.lahr@lmic.info.