Peanut Prices
ISSN: 1949-1891
Released September 17, 2010, 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
19.4 cents per pound for the week ending September 11, down 1.1 cents from
the previous week. Marketings of all farmer stock peanuts for the week ending
September 11 totaled 11.3 million pounds, down 204 million pounds from the
previous week.
Peanut Prices and Marketings by Type - United States: August 14, 2010-September 11, 2010
-----------------------------------------------------------------------------------------
: Week ending
Item and type:--------------------------------------------------------------------------
: August 14, : August 21, : August 28, : September 4, :September 11,
: 2010 : 2010 : 2010 : 2010 : 2010
-----------------------------------------------------------------------------------------
: dollars per pound
:
Average price :
Runners ......: 0.200 0.200 0.204 0.202 (D)
Spanish ......: (X) (X) (X) 0.239 0.249
Valencias ....: (X) (X) (X) (X) (X)
Virginias ....: 0.257 0.241 0.229 0.250 (D)
:
All ..........: 0.216 0.204 0.209 0.205 0.194
:
: 1,000 pounds
:
Marketings 1/ :
Runners ......: 41,538 69,622 59,740 200,722 (D)
Spanish ......: - - - 730 933
Valencias ....: - - - - -
Virginias ....: 15,093 7,238 15,169 14,087 (D)
:
All ..........: 56,631 76,860 74,909 215,539 11,251
-----------------------------------------------------------------------------------------
- Represents zero.
(D) Withheld to avoid disclosing data for individual operations.
(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
Jacqueline Moore, Head, Field Crops Section................ (202) 720-2127
Suzanne Avilla - Peanuts, Rice........................ (202) 720-7688
Shiela Corley - Cotton, Cotton Ginnings, Sorghum...... (202) 720-5944
Bryan Durham - Hay, Oats.............................. (202) 690-3234
Anthony Prillaman - Corn, Proso Millet, Flaxseed...... (202) 720-9526
Nick Schauer - Wheat, Rye............................. (202) 720-8068
Julie Schmidt - Crop Weather, Barley, Sugar Crops..... (202) 720-7621
Travis Thorson - Soybeans, Sunflower, Other Oilseeds.. (202) 720-7369
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