January 2012 News

BUYING POINTS MEET IN NEW ORLEANS The National Peanut Buying Points Association invites all peanut industry members to attend the Annual Meeting and Convention on February 10-11-12, 2012 at the W Hotel  in New Orleans, LA.  This will be fun-filled Valentine weekend with updates on key peanut issues with New Orleans style fun. The Convention opens Friday night with a reception with the program on Saturday featuring updates on Peanut Markets, Other Commodity Markets that Compete, New Grading System, Peanut Production Plans, and more. Saturday PM will include tours of the New Orleans area and dinner on your own Saturday night at one of the Big Easy best restaurants.  Don’t forget the Mardi Gras parades and parties that kick off this weekend.  Sunday features updates from leading peanut organizations and a special peanut brunch. The Great Cash Giveaway means the owner of the final ticket drawn in a reverse raffle will win $10,000.  Over 30 sponsors are supporting the Convention and you need to be there.  .  Decide today to attend and call Angela at 229-386-1716 or spearmanagency@friendlycity.net  for a registration packet. Call hotel direct to book rooms – 1-887-WHOTELS.   NATIONAL PEANUT BUYING POINTS ASSOCIATION ANNOUNCES PROGRAM Kenny Brownlee, President of the National Peanut Buying Points Association extends an invitation to all peanut industry members to attend the Annual Convention on February 10-11-12, 2012 at The W Hotel in New Orleans, LA.  Convention Chairman Rodney Locke of Locke Farm Center has announced the keynote speakers and subjects:  Some remain tentative. Saturday, February 11, 2012 PANEL 1 – PEANUT MARKETS & COMPETITION-
  • COMMODITY MARKETS - Lon Swanson, Commodity Marketing, Wells Fargo Bank
  • THE PEANUT MARKET DILEMMA – NOT AGAIN! George Lovatt, Peanut Broker, Lovatt & Rushing
PANEL 2 – PEANUT OUTLOOK and CROP PROSPECTS
  • 2011 CROP & WHAT’S AHEAD –John Beasley, UGA Peanut Agronomist
  • COMPARING COSTS & COMMODITY COMPETITION – Nathan Smith, UGA Peanut Economist,
  • 2012 WEATHER FOR PEANUTS – Keith Ingram, Florida Weather, RISA, UFL
PANEL 3 – HELPING BUYING POINTS SURVIVE
  • X-RAY GRADING UPDATE & RESEARCH PROJECTS  - Dr. Marshall Lamb, LAB
  • GA FED-STATE INSPECTION – A NEW ATTITUDE – T.E. Moye, Director, GAFSIS
  • YOUR ASSOCIATION AT WORK -  Tyron Spearman, Executive Director, NPBPA
Sunday, February 12, 2012 PANEL 4 – INVESTING IN THE FUTURE OF PEANUTS
  • NATIONAL PEANUT BOARD ENERGIZING THE MARKETS - - Lauren Highfill Williams,
  • PEANUTRITION & MORE GOOD RESEARCH NEWS -  Bob Parker, Peanut Institute
  • PROJECTS THAT BUILD A FUTURE – Howard Valentine, Peanut Foundation/American Peanut Council
PANEL  5 – TUNING UP THE PEANUT INDUSTRY
  • PEANUTS & THE NEW FARM BILL – Live from Washington – Speaker to be Announced
  • CHALLENGES FOR THE FUTURE -THE GOOD, THE BAD and THE UGLY - Jim Leek, CEO, JLA International
Over 30 sponsors are supporting the Convention.  Call Angela at 229-386-1716for a registration packet.  Room block deadline is January 20.  To Call hotel, call 1-877-WHOTELS.  The theme is “Gettin’ Tuned In!!”  Be there to get turned on to peanuts!  Hope to see you there. U.S. PRODUCTION:  2011 peanut production is estimated at 3.636 billion pounds, (1,818,160 tons) down slightly from the previous forecast and down 13 percent from 2010. Planted area is estimated at 1.14 million acres, down 11 percent from 2010, and area harvested, at 1.10 million acres, is down 13 percent from the previous crop year. Average yield is estimated at 3,313 pounds per acre, up 38 pounds from the previous forecast and up 1 pound from 2010. Estimated yields were down significantly from last year in the Southwest due to severe drought conditions during the growing season. In Texas, growers realized the lowest yield since 1995. Further east, peanut yields were up from last year in most States. Record high yields were estimated in Virginia and Mississippi, and the yield in Florida tied the record high achieved in 2010.   OILSEED OUTLOOK PREDICTS LOWER SUPPLIES - An extreme drought in the Southwest this year stifled peanut planting and devastated yields in the region. Intense competition with other crops also contributed to an 11-percent reduction in U.S. peanut acreage to 1.1 million acres. Peanut production for 2011 declined to 3.64 billion pounds from 4.16 billion in 2010. This month’s final crop estimate for 2011 was down 12 million pounds from the previous forecast as yield reductions for Texas and Oklahoma more than offset upward revisions for the Southeast. The national average yield for 2011 was 3,313 pounds per acre—almost identical to the 2010 yield of 3,312 pounds. Food demand for peanuts in 2011/12 is expected to grow slightly, but exports and other domestic uses could decline. Lower supplies are also likely to sharply cut season-ending peanut stocks to 1.05 billion pounds from 1.5 billion in 2010/11.  Peanut prices have increased sharply from last year as a consequence.   Calendar of Events - Peanuts
  • January 25, 2012Mississippi Peanut Growers Association Annual Meeting, Cooperative Extension Service Bldg, Hattiesburg, MS. Exhibit space available.  For info, call 601-947-4223.
  • January 26, 2012South Carolina Peanut Day, First Baptist Family Life Center, Orangeburg, S.C.  Exhibit space available. For info, call 803-284-3343.
  • January 27-28, 2012Georgia Young Farmers Association Annual Meeting, Marriott Evergreen Conference Resort, Stone Mountain, GA  Call 229-386-3429, www.georgiayoungfarmers.com.
  • February 9, 2012 Alabama/Florida Peanut Trade Show, National Peanut Festival Fairgrounds, Dothan, AL. For info, see www.flpeanuts.com, www.alpeanuts.com or call 334-792-6482.
  • February 10-11-12, 2012National Peanut Buying Points Association Winter Conference, The W Hotel & Convention Center, New Orleans, LA.  Call Angela at 229-386-1716 for registration packet or spearmanagency@friendlycity.net.  Tabletop displays and sponsorships available plus a Great Cash Giveaway Auction.
  • February 14, 2012 Production Meeting and Annual Meeting – Virginia Peanut Growers Association – Southhampton Fairgrounds near Franklin, VA – 9 AM - For Information, call 757-562-4103 or Dell Cotton - dcotton25@cs.com.
  • March 1, 2012Florida Peanut Producers Association Annual Meeting – Jackson County Ag Complex, Marianna, Fl.  For info, call 850-526-2590.
  • March 6, 2012 – Georgia Peanut Day, Georgia Capitol during Georgia General Assembly. 9AM- 1 PM.  For info, contact Georgia Peanut Commission at 229-386-3470 or www.gapeanuts.com.
  • March 13, 2012 – Georgia Governor’s Ag Day, Georgia Capitol during Georgia General Assembly. 10AM- 1 PM – Exhibits at the Depot.
  • March 15-16, 2012Oklahoma Peanut Expo – Quartz Mountain Resort – Lone Wolf, OK. For info, call Oklahoma Peanut Commission at 405-275-5994 or contact Mike Kubicek at okpeanuts@sbcglobal.net
  • March 13-14, 2012American Peanut Shellers Association Spring Conference, Merry Acres, Albany, GA.  For info, contact APSA at 229-888-2508 or Email at info@peanut-shellers.org.
  • March 30-31, 2012 PEANUT PROUD FESTIVAL – Special program on Friday with Parade and Festival on Court House Square on Saturday with guest speakers and entertainment.  For info, Lea Jean Manry or lmanry@birdsong-peanuts.com.
  NOTE:  Now is the time to join the National Peanut Buying Points Association for 2012 and be listed in the directory.  Buying Points and Associates join for $400 per year.  Register now for the National Convention set for Feb. 10-11-12, 2012.