The American peanut industry has been jolted by the low prices caused by increased acreage, increased yields and a generic base from cotton that resulted in even more peanut acreage.Because other commodities that could compete with peanut acreage offer low prices as well, producers have little choice in an effort to survive. The situation creating the need to go into survival mode, caused in part by the Farm Bill, could ruin the peanut market before adjustments can be made.
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