Plantings in the USA were lower compared to last year, but part of that could be compensated by better yields. With still 8 weeks to go, crop is in a good shape. Domestic market is rather quiet, with the imposed import duty for USA peanuts into China, buyers feel there is no risk that at the bottom of the market all of a sudden goods will be gone.
BREAKING NEWS USAAugust 8, 2018
USA: Crop is developing well. mixed ↔BREAKING NEWS USA
USA: planting delayed, some farmers will switch to cotton. bullish ↑BREAKING NEWS USA PLANTING DELAYED
June 8, 2018