Cr Pr 4-1 (8-07) Peanut Prices National Agricultural Statistics Service USDA Washington, D.C. Released August 31, 2007, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Peanut Prices" call Dennis Koong 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 18.8 cents per pound for the week ending August 25. The price per pound increased 0.4 cent from the previous week. Marketings of all farmer stock peanuts for the week ending August 25 totaled 45.5 million pounds, up 9.60 million pounds from the previous week. The average price of Runner type peanuts was 18.2 cents per pound for the week ending August 25, up 0.3 cent from the previous week. Marketings of Runner type peanuts were 29.6 million pounds, up 376,000 pounds from the previous week. Peanuts: Prices and Marketings by Type and Week, United States ------------------------------------------------------------------------------- Item : Week Ending and :--------------------------------------------------------------- Type : Aug 25, : Aug 18, : Aug 11, : Aug 4, : Jul 28, : 2007 : 2007 : 2007 : 2007 : 2007 ------------------------------------------------------------------------------- : Dollars per Pound : Average Price : : Runners : 0.182 0.179 0.185 0.176 0.185 Spanish : * * * Valencias : * * * * Virginias : 0.197 0.212 * 0.186 0.181 : All : 0.188 0.184 0.187 0.176 0.189 : : 1,000 Pounds : Marketings 1/ : : Runners : 29,640 29,264 36,254 156,081 46,418 Spanish : * * 0 0 * Valencias : * * * 0 * Virginias : 15,585 6,050 * 10,999 9,510 : All : 45,500 35,903 39,255 167,080 59,806 ------------------------------------------------------------------------------- * Not published to avoid disclosing individual operations. 1/ Quantity purchased from farmers. 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Peanuts: Prices and Marketings by Type and Week, United States, Marketing Year 2006 1/ -------------------------------------------------------------------------------- : Average Price :----------------------------------------------------------- Week Ending : Runners : Spanish : Valencias : Virginias : All -------------------------------------------------------------------------------- : Dollars per Pound : September 9, 2006 : 0.174 * * * 0.178 September 16, 2006 : 0.172 0.169 0.191 0.172 September 23, 2006 : 0.172 0.168 * * 0.175 September 30, 2006 : 0.177 * * 0.210 0.177 : October 7, 2006 : 0.169 * * 0.192 0.169 October 14, 2006 : 0.169 * * 0.170 October 21, 2006 : 0.170 0.174 * * 0.172 October 28, 2006 : 0.173 * * 0.178 0.175 : November 4, 2006 : 0.171 * * 0.187 0.173 November 11, 2006 : 0.167 * * 0.190 0.178 November 18, 2006 : 0.171 * * 0.177 0.172 November 25, 2006 : 0.171 * * 0.201 0.200 : December 2, 2006 : 0.148 * * 0.176 0.165 December 9, 2006 : 0.172 * * 0.198 0.177 December 16, 2006 : 0.175 * * 0.192 0.180 December 23, 2006 : 0.173 * * 0.168 0.170 December 30, 2006 : 0.159 * * 0.161 : January 6, 2007 : 0.175 0.183 0.178 January 13, 2007 : 0.174 0.194 0.179 January 20, 2007 : 0.179 * * 0.191 0.180 January 27, 2007 : 0.174 * * 0.180 0.175 : February 3, 2007 : 0.170 0.201 0.176 February 10, 2007 : 0.175 * * 0.205 0.186 February 17, 2007 : 0.170 * * 0.184 0.175 February 24, 2007 : 0.170 * * 0.199 0.181 : March 3, 2007 : 0.167 * * 0.185 0.173 March 10, 2007 : 0.177 * * 0.184 0.179 March 17, 2007 : 0.174 * * 0.197 0.175 March 24, 2007 : 0.183 * * 0.243 0.196 March 31, 2007 : 0.178 * * 0.177 0.178 : April 7, 2007 : 0.180 * * 0.206 0.182 April 14, 2007 : 0.182 * 0.173 * 0.186 April 21, 2007 : 0.168 * * 0.203 0.183 April 28, 2007 : 0.178 * * 0.204 0.181 : May 5, 2007 : 0.174 * * 0.179 May 12, 2007 : 0.178 * * 0.187 0.180 May 19, 2007 : 0.179 * * 0.191 0.181 May 26, 2007 : 0.176 * * 0.179 0.177 : June 2, 2007 : 0.180 * * 0.199 0.182 June 9, 2007 : 0.179 * * 0.180 0.181 June 16, 2007 : 0.179 * * 0.182 0.180 June 23, 2007 : 0.178 * * 0.207 0.185 June 30, 2007 : 0.179 * * 0.174 0.178 : July 7, 2007 : 0.180 * * 0.180 0.184 July 14, 2007 : 0.180 * * 0.188 0.181 July 21, 2007 : 0.189 * * 0.191 0.195 July 28, 2007 : 0.185 * * 0.181 0.189 -------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Peanuts: Prices and Marketings by Type and Week, United States, Marketing Year 2006 1/ (continued) -------------------------------------------------------------------------------- : Marketings 2/ :----------------------------------------------------------- Week Ending : Runners : Spanish : Valencias : Virginias : All -------------------------------------------------------------------------------- : 1,000 Pounds : September 9, 2006 : 8,586 * * * 10,495 September 16, 2006 : 125,271 4,094 0 956 130,321 September 23, 2006 : 35,637 3,578 * * 43,934 September 30, 2006 : 4,042 * * 597 8,018 : October 7, 2006 : 17,801 * * 158 18,031 October 14, 2006 : 22,598 0 * * 24,087 October 21, 2006 : 23,641 7,392 * * 34,924 October 28, 2006 : 20,490 * * 8,068 30,408 : November 4, 2006 : 21,710 * * 2,755 30,605 November 11, 2006 : 23,507 * * 19,156 44,874 November 18, 2006 : 56,596 * * 11,515 77,292 November 25, 2006 : 12,726 * * 12,047 27,639 : December 2, 2006 : 9,763 * * 15,105 26,475 December 9, 2006 : 58,153 * * 14,578 77,790 December 16, 2006 : 43,453 * * 18,660 62,113 December 23, 2006 : 22,516 * * 36,043 60,431 December 30, 2006 : 12,002 * 0 * 12,732 : January 6, 2007 : 32,753 0 0 23,233 55,986 January 13, 2007 : 38,992 0 0 13,967 52,959 January 20, 2007 : 54,525 * * 4,363 59,837 January 27, 2007 : 49,558 * * 17,622 67,265 : February 3, 2007 : 47,053 0 0 11,473 58,526 February 10, 2007 : 32,702 * * 2,085 40,758 February 17, 2007 : 55,738 * * 11,564 70,224 February 24, 2007 : 38,809 * * 4,808 47,884 : March 3, 2007 : 40,361 * * 15,611 60,638 March 10, 2007 : 56,728 * * 16,066 73,279 March 17, 2007 : 172,705 * * 5,599 185,165 March 24, 2007 : 25,624 * * 8,185 35,209 March 31, 2007 : 52,127 * * 6,592 59,852 : April 7, 2007 : 40,281 * * 5,629 52,353 April 14, 2007 : 50,085 * 2,066 * 54,968 April 21, 2007 : 11,239 * * 9,308 23,363 April 28, 2007 : 60,651 * * 8,963 72,537 : May 5, 2007 : 78,571 * 0 * 92,316 May 12, 2007 : 58,527 * * 10,421 70,385 May 19, 2007 : 77,309 * * 11,342 93,179 May 26, 2007 : 95,839 * * 13,996 112,252 : June 2, 2007 : 28,409 * * 4,283 33,685 June 9, 2007 : 48,722 * * 9,196 62,416 June 16, 2007 : 56,295 * * 10,617 69,032 June 23, 2007 : 47,067 * * 18,993 68,890 June 30, 2007 : 41,610 * * 7,797 49,767 : July 7, 2007 : 45,386 * * 2,825 51,216 July 14, 2007 : 65,418 * * 9,411 77,939 July 21, 2007 : 30,825 * * 10,635 47,193 July 28, 2007 : 46,418 * * 9,510 59,806 -------------------------------------------------------------------------------- * Not published to avoid disclosing individual operations. 1/ Weekly peanut price series began the week ending September 9, 2006. 2/ 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!! 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