Analysis

Price Continue to Fall as Good Peanut Production in Brazil

Peanut Kernel
Brazil
Published Dec 14, 2021
The wholesale price of peanuts in Brazil fell to 1.06 USD/KG in W2 December 2021 which is -31.8% below the same period in 2020. Brazil's peanut production is predicted to increase to 589.2K mt for the 2021/2022 period due to the expansion of planted area which has an impact on increasing the supply of peanut exports this year. This will likely make the price of peanuts continue to fall in the Brazilian market.
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