Peanut Prices Fall and CCC Helps with Bird Flu Response

Peanut Prices Fall and CCC Helps with Bird Flu Response

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

**Peanut prices for farmers for all farmer stock peanuts averaged 24.2 cents per pound for the week ending April 23, down 1.2 cents from the previous week.

Marketings of all farmer stock peanuts totaled 115 million pounds, down 29.7 million from the week before.

Runner-type peanut prices averaged 24.2 cents per pound, down 0.2 cents.

**Ag Secretary Tom Vilsack approved Commodity Credit Corporation funding to assist USDA’s Animal and Plant Health Inspection Service response to bird flu.

The virus has been confirmed in 29 states, affecting more than 33 million domestic birds.

APHIS is working closely with state animal health officials on joint incident responses in each affected state.

Vilsack approved the transfer of nearly $263 million from the CCC to APHIS to directly support the response efforts.

**The Fertilizer Institute President Corey Rosenbusch thanked the Surface Transportation Board for last week’s hearing on “Urgent Issues in Freight Rail Service.”

Rosenbusch says, they appreciate the opportunity to provide testimony on how rail service is negatively impacting the cost and timely delivery of fertilizer inputs to farmers.

TFI cited issues like the implementation of precision railroading, a lack of competition and of structural and market-based incentives to be customer-oriented, leading to reduced rail service, high shipping rates, and poor cycle times.

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