Peanut Prices for November 2021

If you're wondering about peanut prices between 17th and 23rd November, you're in the right place. As per USDA, the following prices will be followed for peanuts during this interval

• $424.89 per ton for Runner peanuts

• $413.05 per ton for Spanish peanuts

• $427.70 per ton for Valencia peanuts 

• $427.70 per ton for Virginia peanuts

Market Updates

These prices have been set based on the 2021 peanut crop loan rates, which were announced in July 2021. These prices are meant to reflect peanut prices received by farmers averaging stocks at 27.1 cents per pound for November 6. This is an increase of 2.3 cents from previous weeks.

Apart from premium peanut prices, we also have an average of 24.3 cents per pound for the week, up 0.7 cents from the previous week. 

The full report is available here.