Peanut Prices
Peanut Prices 

ISSN: 1949-1891

Released January 15, 2021, 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 
21.2 cents per pound for the week ending January 9, up 0.9 cent from the 
previous week. Marketings of all farmer stock peanuts for the week ending 
January 9 totaled 26.6 million pounds, down 25.7 million pounds from the 
previous week.

Runner-type peanut prices averaged 20.0 cents per pound for the week ending 
January 9, down 0.3 cent from the previous week. Marketings of runner-type 
peanuts totaled 20.1 million pounds, down 32.3 million pounds from the 
previous week.

Peanut Prices and Marketings by Type - United States: December 12, 2020-January 9, 2021
-----------------------------------------------------------------------------------------
              :                               Week ending                                
 Item and type:--------------------------------------------------------------------------
              : December 12, : December 19, : December 26, :  January 2,  :  January 9,  
              :     2020     :     2020     :     2020     :     2021     :     2021     
-----------------------------------------------------------------------------------------
              :                            dollars per pound                             
              :                                                                          
Average price :                                                                          
Runner .......:     0.205          0.205          0.202          0.203          0.200    
Spanish ......:     0.484          0.258            (X)            (X)            (X)    
Valencia .....:       (X)            (X)            (X)            (X)            (X)    
Virginia .....:     0.227          0.207          0.148            (X)          0.248    
              :                                                                          
All ..........:     0.205          0.205          0.201          0.203          0.212    
              :                                                                          
              :                               1,000 pounds                               
              :                                                                          
Marketings 1/ :                                                                          
Runner .......:   157,683         98,777         52,366         52,319         20,062    
Spanish ......:        18            157              -              -              -    
Valencia .....:         -              -              -              -              -    
Virginia .....:     2,811            796            516              -          6,523    
              :                                                                          
All ..........:   160,512         99,730         52,882         52,319         26,585    
-----------------------------------------------------------------------------------------
-   Represents zero.                                                                     
(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@usda.gov

Lance Honig, Chief, Crops Branch.............................. (202) 720-2127

Chris Hawthorn, Head, Field Crops Section..................... (202) 720-2127
     Irwin Anolik - Crop Weather.............................. (202) 720-7621
     Joshua Bates - Oats, Soybeans............................ (202) 690-3234
     David Colwell - Current Agricultural Industrial Reports.. (202) 720-8800
     James Johanson - Barley, County Estimates, Hay........... (202) 690-8533
     Greg Lemmons - Corn, Flaxseed, Proso Millet.............. (202) 720-9526
     Jean Porter - Rye, Wheat................................. (202) 720-8068
     Becky Sommer - Cotton, Cotton Ginnings, Sorghum.......... (202) 720-5944
     John Stephens - Peanuts, Rice............................ (202) 720-7688
     Travis Thorson - Sunflower, Other Oilseeds............... (202) 720-7369

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