Farmers saw a bump in what they were paid for peanuts during the most recent reporting period, according to newly released federal data.
The average price received by farmers for all farmer stock peanuts came in at 24.4 cents per pound for the week ending June 20. That figure represents an increase of 1.9 cents compared to the previous reporting period.
The data was published by the U.S. Department of Agriculture’s National Agricultural Statistics Service as part of its regular peanut price tracking series.
