Farm Peanut Prices Drop to 20.3 Cents Per Pound

Agricultural producers nationwide experienced a decline in peanut compensation during the week concluding April 11, according to federal agriculture data.

Growers received an average of 20.3 cents per pound for their farmer stock peanuts, marking a drop of 4.8 cents from the previous reporting period.

The pricing information reflects what farmers earned for their raw peanut crops before processing and distribution to retailers and manufacturers.