Peanut Prices (Weekly) Publication

Peanut Prices
ISSN: 1949-1891

Released December 28, 2012, 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 33.1 cents per pound for the week ending
December 22, down 2.9 cents from the previous week. Marketings of all farmer stock peanuts for the week ending
December 22 totaled 25.6 million pounds, down 43.9 million pounds from the previous week.
Runner-type peanut prices averaged 32.6 cents per pound for the week ending December 22, down 1.1 cents from the
previous week. Marketings of runner-type peanuts were 22.2 million pounds, down 30.2 million pounds from the previous
week.

All Peanut Prices – United States
Dollars per pound
0.410

0.360

0.310

0.260

0.210
2011-2012
2012-2013

0.160

Week ending

Peanut Prices and Marketings by Type – United States: November 24, 2012-December 22, 2012
Week ending
Item and type

November 24,
2012

December 1,
2012

December 8,
2012

December 15,
2012

December 22,
2012

(dollars per pound)

(dollars per pound)

(dollars per pound)

(dollars per pound)

(dollars per pound)

Average price
Runner ......................
Spanish .....................
Valencia ....................
Virginia ......................

0.329
0.302
(X)
0.359

0.300
0.314
(X)
0.364

0.330
0.234
(X)
0.370

0.337
0.597
(X)
0.349

0.326
(D)
(X)
(D)

All .............................

0.339

0.316

0.335

0.360

0.331

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

Marketings 1
Runner ......................
Spanish .....................
Valencia ....................
Virginia ......................

11,522
468
7,062

73,221
479
24,880

66,463
186
9,120

52,421
5,642
11,479

22,244
(D)
(D)

All .............................

19,052

98,580

75,769

69,542

25,609

- Represents zero.
(D) Withheld to avoid disclosing data for individual operations.
(X) Not applicable.
1
Quantity purchased from farmers.

Runner-Type Peanut Prices – United States
Dollars per pound
0.460
0.410
0.360
0.310
0.260
0.210

2011-2012
2012-2013

0.160

Week ending

2

Peanut Prices (December 2012)
USDA, National Agricultural Statistics Service

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 [email protected]
Lance Honig, Chief, Crops Branch ....................................................................................................... (202) 720-2127
Jacqueline Moore, Head, Field Crops Section ...................................................................................... (202) 720-2127
Brent Chittenden – Oats, Rye, Wheat .............................................................................................. (202) 720-8068
Steve Maliszewski – Cotton, Cotton Ginnings, Sorghum................................................................ (202) 720-5944
Jacqueline Moore – Peanuts, Rice ................................................................................................... (202) 720-2127
Anthony Prillaman – Corn, Flaxseed, Proso Millet ......................................................................... (202) 720-9526
Julie Schmidt – Crop Weather, Barley, Hay .................................................................................... (202) 720-7621
Travis Thorson – Soybeans, Sunflower, Other Oilseeds ................................................................. (202) 720-7369

Peanut Prices (December 2012)
USDA, National Agricultural Statistics Service

3

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