Alabama Peanut Shell Operation and China's U.S. Corn Imports

Alabama Peanut Shell Operation and China's U.S. Corn Imports

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**The Seam, a leading provider of food and agribusiness software and commodity trading solutions, announced Coastal Growers and Tifton Peanut Company have entered into multi-year agreements for its cloud-based, peanut management platform.

Owned by a cooperative of farmers, Coastal Growers is building a new 400,000-square-foot, state-of-the-art peanut shelling operation in Atmore, Alabama, slated for completion in 2022.

State officials said the $87 million project will create more than 150 local jobs.

**Importers can’t get enough U.S. corn with the purchase of 1.36 million tons of corn for delivery to China in the marketing year opening September 1st. reports, the purchase is worth $400 million.

Over 11 million tons of U.S. corn have been shipped to China so far this current marketing year, with another 12 million purchased tons awaiting shipment.

China is forecast to buy a record $31.5 billion of U.S. farm exports this fiscal year.

**The first set of numbers are in and the Northwest cherry crop for this year looks to be bigger than last year’s PNW crop.

Northwest Cherry Growers estimates 23.8 million 20-pound boxes, based on data put together by its Field Estimate team.

This estimate is much larger than last year’s crop of 19.8 million boxes, one of the smallest crops in recent years.

The actual crop size could differ with harvest still a couple of weeks away.

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