Large 2003 peanut crop still looms over 2004 markets

Smith, Ron
March 2004
Southeast Farm Press;3/17/2004, Vol. 31 Issue 9, p24
Trade Publication
Reports on the threat posed by the tons of peanuts produced in 2003 in the U.S. on the market opportunities for 2004. Dependency of the export market on the Southwest production area; Announcement by the USDA to make the second counter-cyclical payment for the 2003 crops; Difficulty in fixing the base price for peanuts; Expression of concern on how the USDA determines the National posted price.


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