PEANUT MARKETING NEWS - September 25, 2020 - Tyron Spearman, Editor

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PEANUT MARKETING NEWS – September 25, 2020 – Tyron Spearman, Editor (132)

HOUSE VOTES RETURN OF CCC FUNDING - The Democratic bill did not include federal farm assistance sought by the Trump
administration despite support for it from both sides of the aisle. For the ag delegation, those were fighting words.
Senate Majority Leader Mitch McConnell, R-Ky., said the Senate would not pass a bill that didn't include funds for the
Commodity Credit Corporation, which provides aid to farmers. Democrats argued that the fund was being used as a political "slush
fund" by the Trump administration. House Speaker Nancy Pelosi, D-Calif., announced a deal with Treasury Secretary Steven
Mnuchin and Republicans.
"We have reached an agreement with Republicans on the CR to add nearly $8 billion in desperately needed nutrition
assistance for hungry schoolchildren and families. We also increase accountability in the Commodity Credit Corporation, preventing
funds for farmers from being misused for a Big Oil bailout," her statement said.
AMERICAN PEANUT COUNCIL UPDATES EXPORTS – The American Peanut Council is the cooperator with USDA’s Foreign
Agricultural Service to coordinate peanut export marketing and promotions. APC represents almost 100% of the peanut production
through association members, which is made up of all segments of the peanut industry, growers, buying points, shellers,
manufacturers and allied.
U.S. peanut exports for January-July 2020 totaled 416,689 metric tons, valued at $464 million. Exports by volume are up
49% as compared to the same period last year, while exports by value have increased by 21%.
Exports to China (mainly farmer stock) remain strong, with shipments reaching 210,108 MT (+1,165%). Total exports to
Canada (75,171 MT) and Mexico (64,926 MT) are also up, increasing by 5.5% and 5.2% respectively as compared to 2019.
Simultaneously, year-to-date shipments to Europe (33,241 MT) and Japan (9,407 MT) have declined by 59% and 24% and exports to
the rest of the world have decreased 35% to reach 23,836 MT.
Inshell peanuts, including farmer stock used for oil crushing, remain the leading export by product, with shipments totaling
191,304 MT, up 357% from last year. U.S. shipments of peanut kernels totaled 179,759 MT, down 5%, while blanched peanut
exports have declined nearly 14% to reach 10,111 MT. Peanut butter exports totaled 23,384 MT, down 2% from last year, and
processed peanut exports totaled 10,142, down 0.4%. To view the complete year-to-date, contact the APC.
GEORGIA PEANUT FARM SHOW –NOW 2 days -To better accommodate social distancing, the 2021 Georgia Peanut Farm
Show & Conference Committee has decided to open the show for two days, Wednesday & Thursday, January 20-21, 2021,
Location - University of Georgia Tifton Campus Conference Center, Tifton, Georgia.
Tuesday, Jan. 19: 10:00 a.m. Exhibit Hall & Show Office Open for Exhibitor Registration / Work Crews Available for Unloading
5:30 p.m. Exhibit Hall Closes,*All Large Equipment Exhibitors Must Set-Up This Day
Wednesday, Jan. 20: 8:30 a.m. Exhibit Hall & Show Office Open for Exhibitor Registration / Work Crews Available for Unloading
11:00 a.m. Exhibitor Lounge Open
1:00 p.m. Show Opens
5:00 p.m. Show Closes
6:30 p.m. Exhibitor Reception
Thursday, Jan. 21: 7:30 a.m. Exhibit Hall & Show Office Open for Exhibitor Registration / Exhibitor Lounge Open
8:00 a.m. Show Opens
12:00 p.m. Show Luncheon & Awards Program
2:00 p.m. Grand Door Prize Drawing
2:30 p.m. Show Closes
The production and seed seminars will be offered to attendees on both days of the show. Please Note: We realize all exhibitors
may not be able to attend both days of exhibition; however, we wanted to make the option available in an effort to provide adequate
social distancing for attendees. Exhibitors are not required to exhibit both days. Exhibit space is still available. Early-bird date for
reduced rates is Nov. 6, 2020. If your company plans to exhibit, please email jessie@gapeanuts.com and indicate whether you plan
to set-up your exhibit on Tuesday or Wednesday, or include a note on your registration form.

KRIS BALKCOM TALKS HURRICANE SALLY DAMAGE - The timing could have been worse on Alabama peanuts. While
Hurricane Sally drenched parts of Alabama with torrential rainfall, the state’s peanut crop was not as far along with regards to being
ready for harvest. Balkcom estimated that one-third of Alabama’s peanut production resides in the part of the state impacted the
most by the flooding; specifically, Baldwin, Escambia and Monroe counties. There was estimated that anywhere from 20 to 30 inches
of rain recorded in those areas. While some peanuts had been dug, harvesting had not quite begun. This should present some delays,
though. But at least now we’re a little bit cooler, and we’re just going to have to get to the field as soon as we can.” In talking to
SOUTHEAST AG NET, Kris said,” It’s certainly going to delay us a little bit getting started, just allowing enough time to dry out.”

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