Farmers across the country are seeing better returns on their peanut crops, with compensation reaching 25.1 cents per pound during the week that concluded on April 4.
This represents a significant increase of 3.1 cents compared to the previous reporting period, according to federal agricultural data tracking farmer stock peanut transactions.
The price boost affects all categories of farmer stock peanuts and reflects the amount producers are receiving directly for their crops before processing and retail markup.
