Peanut prices hold strong, 2012 acreage still question
The peanut industry learned a lesson last year: Farmers don’t feel they have to drop peanut seed into the ground unless the price is right for their efforts. Georgia farmers last year planted the fewest peanuts in three decades. By harvest, this move pushed prices to more than $1,000 per ton, the highest in recent history. But that was last year. What about this one?