Nuts

Peanuts: USA might expect third largest crop in history

March 2, 2021 9:34 AM, Der AUDITOR
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ATLANTA. According to current estimates of the UDSA, the USA could expect a very good crop. However, trade tensions with the EU pose difficulties for exporters.

Smaller acreage for 2021

After a rather quiet end to 2020 in the US peanut market, market players have so far been very satisfied with the start to 2021. Consumption of peanuts and peanut products, especially peanut butter, has risen noticeably again and the quality of the crop is described as very good. The current USDA crop estimates are 2,782,290 mt. If these estimates come true, the crop would be 12% above the one of 2019, according to peanutgrower.com, and would be the third largest crop ever in the US. However, there are conce

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