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Fantastic Peanut Season Underway

Fantastic Peanut Season Underway

It’s hard to remember a better year for growing peanuts than this one says Bob Sutter, CEO of the North Carolina Peanut Growers Association:

“Its been good this year. Most everyone has plenty of water and for the most part the entire crop looks good.”

As to USDA’s planted acres report last month, Sutter says the report showed more peanut acres in the Tar Heel State:

“We went up to about 90,000; a 10,000 acre increase.”

As far as disease and insect pressure:

“They are spraying for the normal things, like leaf spot, but its not an unusual year for any diseases.”

This year’s contract price, according to Sutter was in the $500 neighborhood, and given the amount in storage from two good growing years, Sutter was pleased with it.

But, Sutter isn’t worried about the backlog because peanut demand is up:

“Demand is increasing steady and we will work ourlsevles out of this over supply.”

Sutter outlines the area where demand is increasing:

“More people is first reason, and there is a lot of promotion that is being done in restaurants. There is a lot of nutritional research showing the benefits of eating peanuts. A lot of that information is being talked about more and consumers are more aware.”

The increase in demand is both in the processed and whole markets:

“Peanut butter is up, shells are up, candy usage is up. There are more peanut products being released by the manufacturers especially in the snack market.”

And Sutter suggests:

“Grab a bag of peanuts at the store!”

Bob Sutter, CEO of the North Carolina Peanut Growers Association.'

A native of the Texas Panhandle, Rhonda was born and raised on a cotton farm where she saw cotton farming evolve from ditch irrigation to center pivot irrigation and harvest trailers to modules. After graduating from Texas Tech University, she got her start in radio with KGNC News Talk 710 in Amarillo, Texas.