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
Sponsored
Matt Dolch with Syngenta discusses rootworm pressure, the latest trait technologies, and how corn growers can plan for 2027.
ASFMRA’s Howard Halderman gives an update on Corn Belt farmland values, buyer activity, and what to expect for the rest of 2026 as geopolitical tensions and bridge payments move
April 08, 2026 03:07 PM
·
CME Group Executive Director of Ag Research Fred Seamon discusses the recent rise in farmer sentiment highlighted in the March Ag Economy Barometer report.
April 08, 2026 11:14 AM
·
In a landmark preliminary agreement filed in the U.S. District Court for the Northern District of Illinois, Deere & Co. agreed to a $99 million settlement to resolve a consolidated class-action antitrust suit.
April 08, 2026 10:29 AM
·
New wage rules improve accuracy but may still raise labor costs.
April 08, 2026 06:00 AM
·
Seth Tucker of Tucker Farms, a first-generation Arkansas farmer, says rising input costs are forcing changes to his operation, including stepping away from rice this season.
April 07, 2026 02:21 PM
·
