Farmers See Peanut Prices Rise to Nearly 25 Cents Per Pound

Farm operators across the country saw improved returns for their peanut crops during the final week of May, according to new agricultural pricing data.

Growers received an average payment of 24.7 cents per pound for all categories of farmer stock peanuts during the seven-day period that wrapped up on May 30. This marked an upward movement of 1.8 cents compared to earlier pricing.

The pricing information reflects what agricultural producers actually received for their peanut harvests sold during that specific timeframe.