Tuesday, May 31, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

Looking for lost dog in Eagle Creek. Name LUKA, although his tag says Amigo. He's a black Labrador retriever. Aprx 1 1/2yrs old. Missing since May 24th

VideoLost: Tortoise, from S. Palo Alto Dr. in Estates of Eagle Creek on May 17. If you see him, please call 210-913-4558 or 830-393-4030.
*Includes FREE photo online! mywcn.com/lostandfound
More Lost & Found ads ›

Help Wanted

Landscape foreman needed, must have experience in masonry, irrigation, planting, etc.; pay $12-$16 per hour. Call 210-494-6469, Hill Horticulture, Inc.
Momentum Physical Therapy & Sports Rehab is a successful group of Outpatient Orthopedic facilities looking for a motivated individual to join our team as a full time LEAD Physical Therapist for our Floresville location. We provide a friendly, positive environment while delivering high quality care to our patients and are looking for someone who shares the same work ethic. We are seeking: Graduate from an accredited college with an APTA curriculum. Outpatient orthopedic experience within a private clinic or hospital preferred. Current state of Texas license, CPR certification. Outgoing and energetic personality. New graduates are welcome to apply. We offer a competitive total compensation package including base salary plus sign on Bonus! We also offer an individual incentive plan, as well as a comprehensive benefits package including medical, dental, disability, life and a 401(k) plan, in addition to other outstanding benefits such as continuing education reimbursement and Paid Time Off. We are an Equal Opportunity Employer M/F/D/V. Lwelch@usph.com. 
More Help Wanted ads ›

Featured Videos





Video Vault ›
You’ve been granted free access to this subscribers only article.

Agriculture Today


Supply, demand cause peanut product prices to increase




E-Mail this Story to a Friend
Print this Story
November 16, 2011 | 2,768 views | Post a comment

LUBBOCK -- Peanut butter and peanut product cost hikes have whirled across the news in recent months, citing higher peanut prices as the culprit for the climb. Unfortunately, this may sway some consumers to conclude farmers are responsible for the price increase, but that is not the case, according to a Nov. 7 Texas Peanut Producers Board press release.

Despite some offers of $800 to $1,000 per ton for peanuts this fall, most farmers contracted their crops for $550 to $600 per ton before planting last spring. In order to obtain financing for operation costs each year, most farmers must forward-contract their crops to secure financing.

The media have often cited the U.S. Department of Agriculture’s (USDA) national posted price for peanuts, which can further mislead consumers. The USDA’s estimates have reached more than $1,200 per ton, but within the peanut industry it is well known farmers never receive the estimated price.

Prominent food manufacturers have announced they will have to pass some of their increase in buying costs on to consumers. Peanut butter producers have announced as much as a 40-percent increase in retail prices -- bringing a jar of the tasty staple from just over $2 to closer to $3 when the increase hits.

Why such a steep increase?

Severe drought conditions, poor market prices at planting, and a low supply of peanuts left from the 2010 crop have created a perfect storm that is fostering the price increase. The higher prices for consumers are simply the result of the basic principles of supply and demand, not farmers.

Coming into the 2011 growing season, the southeastern United States -- which constitutes most of the U.S. peanut production -- had struggled amid drought conditions in 2010, causing the industry to dip further into reserve supplies than usual.

As farmers began making planting decisions last spring, the price offered for peanuts failed to compete with other rotational crops. Crop rotation is vital to maximizing peanut production and preserving natural resources, so farmers already have the equipment to successfully grow other crops such as cotton and corn. This enables farmers to follow market demand trends, and this spring peanuts simply weren’t in the competitive market.

Though farmers explained to peanut buyers that prices were not comparable to cotton and corn acres, buyers assumed there would be enough peanuts. Like any business owner, farmers had to make planting decisions that will ensure their farms’ viability to survive in trying economic times.

These factors were met with drought conditions across Texas and the Southeast this growing season. Texas, usually the second-most peanut producing state, experienced the worst year-long drought in the state’s history. The extreme heat and lack of moisture caused Texas peanut crops to yield 40 percent less than normal or even worse according to Texas AgriLife experts. Texas peanut production is down 53 percent from last year, at 273.0 million pounds. Harvested acreage is down 36 percent from last year to 105,000 acres. United States production is estimated to be down 13-17 percent from last year.

While peanut prices are higher than the industry’s seen in recent years, it is important to remember farmers are facing inflated production costs as well. Farmers are footing a much larger bill for fuel, fertilizer, seed, pest and weed control, and energy costs. Texas farmers were hit extra-hard this year with increased irrigation costs since Mother Nature shared no quantifiable moisture this year.
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Agriculture Today Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Customs intercepts pest new to the United States (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Does wounded tree have a chance? (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Mother Nature whips Wilson County crops (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Scrapie confirmed in Texas (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Recap (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas Hay Report (May 25, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Beef cattle seven-year decline ends (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Educational video for water well owners (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free Beef Quality Assurance training set for May 25 (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Fretwell wins Region 8 high school all around rookie saddle (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Grant to restore, enhance the monarch butterfly habitat (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Grass-fed beef conference (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Gun safety and barbecue in New Braunfels (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. La Vernia Poultry Judging wins state, advances to nationals (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Lawn, landscape, rainwater program May 21 in Floresville (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Lesser prairie chicken off the list (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Luling Foundation Field Day (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Protecting your tomatoes (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Recap (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas Hay Report (May 18, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. As El Nińo fades, expect warmer, drier weather says Texas A&M expert (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville team wins second at state (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Llamas, load up! (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Recap (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas Hay Report (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Transplanting mountain laurels (May 11, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. 2016 La Vernia Junior Livestock & Poultry Show (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Beef, forage symposium May 10 (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Cattle raisers’ crime watch (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Corn acreage increases in Texas (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Help controlling the weeds (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Krueger leads the way at La Vernia stock show (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Land Heritage nomination deadline nears (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Recap (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas Hay Report (May 4, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. May 2016 Gardening Calendar (May 1, 2016)
Coupons ag-right
Heavenly Touch homeVoncille Bielefeld homeTriple R DC ExpertsAllstate & McBride Realty

  Copyright © 2007-2016 Wilson County News. All rights reserved. Web development by Drewa Designs.