Peanut Prices - Publication

Peanut Prices
ISSN: 1949-1891
Released June 9, 2023, 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 28.5 cents per pound for the week ending June 3,
up 1.9 cents from the previous week. Marketings of all farmer stock peanuts for the week ending June 3 totaled
118 million pounds, down 19.1 million pounds from the previous week.
Runner-type peanut prices averaged 28.4 cents per pound for the week ending June 3, up 2.0 cents from the previous
week. Marketings of runner-type peanuts totaled 87.8 million pounds, down 15.3 million pounds from the previous week.

All Peanut Prices – United States
Dollars per pound
0.350

0.310

0.270

0.230

0.190
2021-2022
2022-2023

0.150

Week ending

Peanut Prices and Marketings by Type – United States: May 6, 2023-June 3, 2023
Week ending
Item and type

May 6,
2023

May 13,
2023

May 20,
2023

May 27,
2023

June 3,
2023

(dollars per pound)

(dollars per pound)

(dollars per pound)

(dollars per pound)

(dollars per pound)

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

0.297
0.518
(X)
0.361

0.256
(X)
(X)
0.282

0.270
(X)
(X)
0.316

0.264
(X)
(X)
0.273

0.284
(X)
(X)
0.286

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

0.329

0.262

0.271

0.266

0.285

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

(1,000 pounds)

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

59,137
9,266
5,166

68,912
20,525

85,498
2,610

103,068
33,731

87,796
29,915

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

73,569

89,437

88,108

136,799

117,711

- Represents zero.
(X) Not applicable.
1
Quantity purchased from farmers.

Runner-Type Peanut Prices – United States
Dollars per pound
0.350

0.310

0.270

0.230

0.190
2021-2022
2022-2023

0.150

Week ending

2

Peanut Prices (June 2023)
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
Chris Hawthorn, Head, Field Crops Section ......................................................................................... (202) 720-2127
Irwin Anolik – Crop Progress and Condition .................................................................................. (202) 720-7621
Joshua Bates – Hemp, Oats, Soybeans............................................................................................. (202) 690-3234
Natasha Bruton – Barley, Cotton System Consumption and Stocks, Grain Crushings ................... (202) 690-1042
David Colwell – Fats and Oils, Flour Milling Products................................................................... (202) 720-8800
Michelle Harder – County Estimates, Hay ...................................................................................... (202) 690-8533
James Johanson – Rye, Wheat ......................................................................................................... (202) 720-8068
Chris Hawthorn – Corn, Flaxseed, Proso Millet .............................................................................. (202) 720-2127
Becky Sommer – Cotton, Cotton Ginnings, Sorghum ..................................................................... (202) 720-5944
Travis Thorson – Sunflower, Other Oilseeds ................................................................................... (202) 720-7369
Lihan Wei – Peanuts, Rice ............................................................................................................... (202) 720-7688

Peanut Prices (June 2023)
USDA, National Agricultural Statistics Service

3

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