NASHVILLE, TENN. (RFD NEWS) — Peanut butter demand is strengthening as consumers look for affordable protein options, helping support long-term peanut usage. USDA data shows peanut butter now accounts for more than 60 percent of all peanuts consumed for food in the United States.
According to an analysis by the USDA’s Economic Research Service, peanut butter consumption is running 6 percent above the 10-year average. At the same time, demand for other peanut products — including snacks and candy — has slipped below long-term averages.
Production has expanded to meet that demand, with U.S. peanut output reaching a record 6.5 billion pounds in the 2024/25 marketing year, up 25 percent from a decade earlier. That larger supply has supported growth in both domestic crush and exports.
Recent price data from USDA NASS shows farmer stock peanut prices averaging 20.3 cents per pound for the week ending April 11, down sharply from the prior week, while marketings also declined.
Farm-Level Takeaway: Strong demand persists despite short-term price pressure.
Tony St. James, RFD News Markets Specialist
Expanding chicken supplies are likely to keep prices under pressure in early 2026 despite steady demand growth.
January 09, 2026 11:00 AM
·
Reduced winter placements indicate tighter fed cattle supplies and greater leverage during peak-demand months.
January 09, 2026 06:00 AM
·
AFBF Economist Faith Parum provides analysis and perspective on the Farmer Bridge Assistance Program—what commodity growers should know and potential remedies for producers facing crop losses where that aid falls short.
January 08, 2026 02:45 PM
·
Farmer Bridge payments are being used primarily to reduce debt and protect cash flow, not drive new spending. Curt Blades with the Association of Equipment Manufacturers joined us to provide insight into the ag equipment market and the factors influencing sales.
January 08, 2026 08:00 AM
·
Long-term demand uncertainty is reshaping specialty crop strategies as producers adapt to fewer, older consumers.
January 07, 2026 08:01 AM
·
As the new year begins, both farmers and rural families are taking stock of their finances and planning ahead for 2026.
January 06, 2026 03:23 PM
·
