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12.02.2018

Peanuts: World Market News

USA

The final 2017 crop estimate from the USDA called for a crop of 3’616’800 fst. Nevertheless the USDA National Tonnage Report shows only 3’528’774 fst inspected to date. Still plenty of peanuts though.

Depending on the domestic and export demand, the carryover on August 1, 2018 should be around 1.4 to 1.5 million fst, basically twice the normal carryover.