Farmers See Peanut Prices Rise Nearly a Cent This Week

Farmers across the nation saw a modest increase in what they earned for peanuts during the week that concluded on May 16, according to new agricultural data.

Growers received an average of 23.7 cents per pound for all farmer stock peanuts, representing an uptick of 0.8 cent from the previous reporting period.

The pricing information reflects what agricultural producers earned for their peanut crops during that specific weekly timeframe.