Month: January 2019

Florida Peanut Federation January 9, 2019

Peanut News Around the World

China Officials report that Chinese peanut price is at a historical low level in the last 10 years. The oil crushing market was firm before the holiday season.  However, the low peanut purchasing price in China, in combination with a weak exchange rate of the Chinese RMB to US Dollars, makes the price for the … Continued

Florida Peanut Federation January 8, 2019

USDA Launches Second Round of Trade Mitigation Payments

USDA launched the second and final round of trade mitigation payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. Producers of certain commodities will now be eligible to receive Market Facilitation Program (MFP) payments for the second half of their 2018 production. USDA’s Farm Service Agency (FSA) has … Continued