Peanut Butter Demand Climbs on Protein Value Gains

Strong demand persists despite short-term price pressure.

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
Related Stories
It’s nothing new—inflation is crazy right now, and the grocery store is one of the major places our pocketbooks are getting hit the hardest. Here are a few ways to save on cooking oil.
California is wine country, but this FarmHer hosts olive tastings. Visit Margery Wheaton in San Miguel.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Improved export prospects and higher crop prices strengthened future expectations despite continued caution about spending.
China’s renewed purchases signal improving sorghum demand at a time when export markets are otherwise uneven. Meanwhile, agriculture groups across the U.S, Canada, and Mexico want to protect close trade relations.
The Environmental Protection Agency confirms that new single-fluorinated pesticides are not PFAS and remain fully compliant with current safety standards.
Strong demand supports sweet potatoes, but grading challenges and rising costs weigh on returns for Southeastern growers.
Pressure on grain storage capacity and stronger export positioning are pushing more grain onto railroads, highways, and river systems as logistics become a key bottleneck this fall.
The Cotton-4 are pushing hard for new value chain investments. Still, many U.S. cotton producers face unsustainable losses, and weakened regional textile capacity threatens the survival of the Carolina “dirt-to-shirt” supply chain.
Rural Lifestyle & Entertainment Shows
Enjoy traditional country music from modern-day troubadours The Malpass Brothers. Each episode stars the brother duo of Chris & Taylor Malpass along with a featured celebrity guest– and loads of clever humor.
Brought to you by Gus Arrendale & Springer Mountain Farms, join dynamic bluegrass duo Dailey & Vincent as they welcome scores of fabulous bluegrass, country, and gospel music acts as special guests. Loads of laughs, your favorite guests galore, and lots of good times are guaranteed. Don’t miss all the fun!
Celebrating 16 Consecutive Seasons on RFD Network! “The Penny Gilley Show,” starring “The Sweetheart of Country Music” herself, Penny Gilley.
Join popular polka performer Mollie Busta as she hosts the weekly “Mollie B Polka Party” on RFD Network! The one-hour program features the nation’s top polka bands and a wide variety of ethnic styles, recorded on location at music festivals across the country.
SharkFarmer TV is the brainchild of Rob Sharkey, a 5th-generation farmer from Illinois. He shares the stories of incredible people in agriculture—both their successes and perhaps a few blunders along the way. You’ll see aerial footage of the field just as the drone crashes into a barn—and hear the story behind it all.