Quality And Quantity Affected By Poor Harvest Conditions

摘要

Down on the family peanut farm, there is much unhappiness. Commodity prices are the lowest in two decades; peanut contracts are at or below the cost of pro-duction, and that's if you can find one. Input costs were higher than last year, and the peanut program regulations have been almost impossible to fully understand. Just trying to survive, too many peanuts were planted, and now Mother Nature is trying toeven the score.If that isn't enough, the Farm Bill eliminated cotton base to piggyback with peanuts. More insult to injury? Loan peanuts are being redeemed at $100 per-ton below loan level and now that is charged against the payment limit. No doubt, all this is enoughto make the producer quit or at least go on an extended vacation.