U.S. Domestic Weekly Peanut Price Update

WASHINGTON - Apr 24/15 - SNS - Peanut prices received by farmers for all farmer stock peanuts averaged 21.4 cents per pound for the week ending April 18, down 1.6 cents from the previous week. Marketings of all farmer stock peanuts for the week ending April 18 totaled 62.9 million pounds, down 25.6 million pounds from the previous week. Runner-type peanut prices averaged 20.9 cents per pound for the week ending April 18, down 0.7 cent from the previous week. Marketings of runner-type peanuts were 58.1 million pounds, down 9.48 million pounds from the previous week. Peanut Prices and Marketings by Type - United States: March 21, 2015-April 18, 2015 ----------------------------------------------------------------------------------------- : Week ending Item and type:-------------------------------------------------------------------------- : March 21, : March 28, : April 4, : April 11, : April 18, : 2015 : 2015 : 2015 : 2015 : 2015 ----------------------------------------------------------------------------------------- : dollars per pound : Average price : Runner .......: 0.215 0.209 0.208 0.216 0.209 Spanish ......: (X) (X) (X) (X) (X) Valencia .....: (X) (X) (X) (X) (X) Virginia .....: 0.302 0.272 0.280 0.278 0.268 : All ..........: 0.245 0.219 0.218 0.230 0.214 : : 1,000 pounds : Marketings 1/ : Runner .......: 63,463 97,631 96,761 67,568 58,091 Spanish ......: - - - - - Valencia .....: - - - - - Virginia .....: 33,686 18,284 16,533 20,928 4,848 : All ..........: 97,149 115,915 113,294 88,496 62,939 ----------------------------------------------------------------------------------------- - 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@nass.usda.gov Lance Honig, Chief, Crops Branch........................... (202) 720-2127 Anthony Prillaman, Head, Field Crops Section............... (202) 720-2127 Angie Considine - Cotton, Cotton Ginnings, Sorghum.... (202) 720-5944 Tony Dahlman - Crop Weather, Barley................... (202) 720-7621 Chris Hawthorn - Corn, Flaxseed, Proso Millet......... (202) 720-9526 James Johanson - County Estimates, Hay................ (202) 690-8533 Anthony Prillaman - Oats, Rye, Wheat.................. (202) 720-2127 Bianca Pruneda - Peanuts, Rice........................ (202) 720-7688 Travis Thorson - Soybeans, Sunflower, Other Oilseeds.. (202) 720-7369 Access to NASS Reports For your convenience, you may access NASS reports and products the following ways: All reports are available electronically, at no cost, on the NASS web site: http://www.nass.usda.gov Both national and state specific reports are available via a free e- mail subscription. To set-up this free subscription, visit http://www.nass.usda.gov and in the "Follow NASS" box under "Receive reports by Email," click on "National" or "State" to select the reports you would like to receive. For more information on NASS surveys and reports, call the NASS Agricultural Statistics Hotline at (800) 727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@nass.usda.gov. The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the basis of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual's income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities.) If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form (PDF), found online at http://www.ascr.usda.gov/complaint_filing_cust.html, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov. END OF REPORT!