Record Peanut Crop Leaves Market Searching for Direction

Strong supplies and rising stocks point to continued price pressure unless demand accelerates.

NASHVILLE, Tenn. (RFD NEWS) — U.S. peanut growers enter 2026 facing abundant supplies after record production in 2025, with acreage, output, and ending stocks all pointing to continued market pressure. USDA data show peanut planted area reached 1.95 million acres last year — the highest since 1991 — driven largely by expanded acreage in Georgia and Texas.

National peanut yields averaged 3,767 pounds per acre, modestly higher than 2024 but below the five-year average. Georgia posted stronger year-over-year yields, while Texas recorded its lowest state yield since the mid-1990s, partially offsetting gains elsewhere. Despite mixed yields, total U.S. peanut production reached an estimated 3.59 million tons, up 11 percent and narrowly setting a new record.

Demand is expected to grow in the 2025-26 marketing year, but not fast enough to absorb the larger crop. USDA projects peanut disappearance rising 6 percent, while ending stocks are forecast to climb 24 percent, keeping downward pressure on prices.

Looking ahead, competing crops offer little relief. Corn and cotton prices remain soft, suggesting peanut acreage could stay elevated in 2026 despite heavier supplies.

Farm-Level Takeaway: Strong supplies and rising stocks point to continued price pressure unless demand accelerates.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Weak cold chain performance can lead to slower movement, higher costs, and greater product loss after harvest or processing.
K-State economists say big swings in cattle futures can complicate hedging, margin calls, and timing of sales.
The dairy industry is encouraged by potential H-2A reforms while supporting renewal of the USMCA.
University of Nebraska–Lincoln Extension is helping ranchers navigate grazing and herd management strategies.

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:

To qualify, land must be in the U.S., used substantially for farming in the last 10 years, and restricted from non-farm use for at least 10 years after the sale.
USDA says total grain inspected for export reached 2.81 million metric tons for the week ending June 11.
The Natural Resources Conservation Service says drought resilience starts before the next rainfall shortage.
Purdue data show stronger net returns for organic corn and soybeans despite lower yields and higher costs.
The agreement is expected to formally take effect on Friday, and markets will continue watching for signs that shipping traffic and global energy flows are returning to normal.
The agency also plans to strengthen workforce culture and modernize infrastructure and technology.