The price levels sought by shellers on both domestic and export peanuts noted very few potential buying participants for both current crop and new crop peanuts, according to the marketing sources. The crop condition of peanuts in the production area is still considered by the industry to be in mostly good condition. Daily showers are slowing harvest in Florida. However, peanut harvest is gaining momentum. In Georgia, there is some increased disease pressure.
Farmers are busy checking fields and arguing about low contracts.
Harvest has started in Alabama with major harvest about two weeks away. Some fields are too wet after downpours. Demand was even lighter than it has been due to the terrorist attacks on the country. The price levels sought by shellers on both domestic and export peanuts noted very few potential buying participants for both current crop and new crop peanuts, according to the marketing sources. The crop condition of peanuts in the production area is still considered by the industry to be in mostly good condition.