Cr Pr 4-1 (2-08)
Peanut Prices
National Agricultural Statistics Service
USDA
Washington, D.C.
Released February 1, 2008, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For
information on "Peanut Prices" call Anthony Prillaman at (202) 720-7688,
office hours 7:30 a.m. to 4:00 p.m. ET.
Peanut Price Highlights
Peanut prices received by farmers for all farmer stock peanuts averaged
22.1 cents per pound for the week ending January 26. The price per pound
decreased 0.1 cent from the previous week. Marketings of all farmer stock
peanuts for the week ending January 26 totaled 46.4 million pounds, down
28.4 million pounds from the previous week.
The average price of Runner type peanuts was 22.6 cents per pound for the
week ending January 26, up 1.1 cents from the previous week. Marketings of
Runner type peanuts were 32.2 million pounds, down 30.3 million pounds from
the previous week.
Peanuts: Prices and Marketings by Type and Week, United States
-------------------------------------------------------------------------------
Item : Week Ending
and :---------------------------------------------------------------
Type : Jan 26, : Jan 19, : Jan 12, : Jan 5, : Dec 29,
: 2008 : 2008 : 2008 : 2008 : 2007
-------------------------------------------------------------------------------
: Dollars per Pound
:
Average Price :
:
Runners : 0.226 0.215 0.220 0.201 0.256
Spanish : * * * 0.173 *
Valencias : * * * 0.307 *
Virginias : 0.216 0.259 0.240 0.246
:
All : 0.221 0.222 0.224 0.216 0.245
:
: 1,000 Pounds
:
Marketings 1/ :
:
Runners : 32,216 62,480 46,236 26,873 4,540
Spanish : * * * 719 *
Valencias : * * * 702 *
Virginias : 6,463 11,141 12,256 12,243 0
:
All : 46,367 74,746 60,432 40,537 7,047
-------------------------------------------------------------------------------
* Not published to avoid disclosing individual operations.
1/ Quantity purchased from farmers.
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 is to
include all qualities and grades and excludes 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.
Summary and Estimation 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.
Revisions: Price and marketing estimates for the prior 3 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.
ACCESS TO REPORTS!!
For your convenience, there are several ways to obtain NASS reports, data
products, and services:
INTERNET ACCESS
All NASS reports are available free of charge on the worldwide Internet. For
access, connect to the Internet and go to the NASS Home Page at:
www.nass.usda.gov.
E-MAIL SUBSCRIPTION
All NASS reports are available by subscription free of charge direct to your
e-mail address. Starting with the NASS Home Page at www.nass.usda.gov, under
the right navigation, Receive reports by Email, click on National or State.
Follow the instructions on the screen.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
PRINTED REPORTS OR DATA PRODUCTS
CALL OUR TOLL-FREE ORDER DESK: 800-999-6779 (U.S. and Canada)
Other areas, please call 703-605-6220 FAX: 703-605-6900
(Visa, MasterCard, check, or money order acceptable for payment.)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ASSISTANCE
For assistance with general agricultural statistics or further information
about NASS or its products or services, contact the Agricultural Statistics
Hotline at 800-727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail:
nass@nass.usda.gov.
The U.S. Department of Agriculture (USDA) prohibits discrimination in all its
programs and activities on the basis of race, color, national origin, age,
disability, and where applicable, sex, marital status, familial status,
parental status, religion, sexual orientation, genetic information, political
beliefs, reprisal, or because all or a part of an individual's income is
derived from any public assistance program. (Not all prohibited bases apply
to all programs.) Persons with disabilities who require alternative means
for communication of program information (Braille, large print, audiotape,
etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD).
To file a complaint of discrimination, write to USDA, Director, Office of
Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or
call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal
opportunity provider and employer.