Agricultural producers across the nation saw their peanut earnings decline during the week ending March 14, according to federal agricultural data.
Farmers received an average of 21.8 cents per pound for their farmer stock peanuts during this period, marking a decrease of 2.4 cents compared to earlier pricing.
The price drop affects growers nationwide who depend on peanut crops as a significant source of agricultural income. The weekly pricing report tracks compensation levels that producers receive for their harvested peanut inventory.
