Peanut Prices - Nov 13, 2009 Release

Peanut Prices
Washington, D.C.

Released November 13, 2009, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S.
Department of Agriculture. For information on Peanut Prices call Suzanne Avilla at (202) 720-7688, office hours 7:00 a.m. to
4:00 p.m. ET.

Peanut Price Highlights
Peanut prices received by farmers for all farmer stock peanuts averaged 19.6 cents per pound for
the week ending November 7. The price per pound decreased 1.0 cent from the previous week.
Marketings of all farmer stock peanuts for the week ending November 7 totaled 16.2 million
pounds, down 10.0 million pounds from the previous week.
The average price of Runner type peanuts was 17.6 cents per pound for the week ending
November 7, down 1.2 cents from the previous week. Marketings of Runner type peanuts were
11.4 million pounds, down 7.16 million pounds from the previous week.

Cr Pr 4-1 (11-09)

Item
and
Type

Peanuts: Prices and Marketings by Type and Week, United States
Week Ending
Nov 7,
Oct 31,
Oct 24,
Oct 17,
2009
2009
2009
2009
Dollars per Pound

Dollars per Pound

Dollars per Pound

Dollars per Pound

Oct 10,
2009
Dollars per Pound

Average Price
Runners
Spanish
Valencias
Virginias

0.176
0.265
0.217

0.188
*
*
0.236

0.170
*
*
0.251

0.186
*
*
0.265

0.168
0.185
*
*

All

0.196

0.206

0.274

0.217

0.236

1,000 Pounds

1,000 Pounds

1,000 Pounds

1,000 Pounds

1,000 Pounds

Marketings 1
Runners
Spanish
Valencias
Virginias

18,557
*
*
5,861

8,288
*
*
3,863

4,168
*
*
2,539

5,446
180
*
*

All
16,233
26,228
* Not published to avoid disclosing individual operations.
1
Quantity purchased from farmers.

17,548

7,043

11,428

Peanut Prices
November 2009

11,397
2,673
0
2,163

2

Agricultural Statistics Board
NASS, USDA

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 is to include all
qualities and grades and excludes 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.
Summary and Estimation 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.
Revisions: Price and marketing estimates for the prior 3 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.

Peanut Prices
November 2009

3

Agricultural Statistics Board
NASS, USDA

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