US: Peanut industry votes to continue research and promotion program

Published 2024년 5월 17일

Tridge summary

The U.S. Department of Agriculture (USDA) announced that the National Peanut Board’s research and promotion program has been approved for continuation by peanut producers, with 93.23% voting in favor in a recent referendum. The program, which is part of the Commodity Promotion, Research and Information Act of 1996, is designed to enhance the market position of peanuts and fund new uses and markets. The USDA conducts a referendum for the program every five years or at the request of 10% or more of eligible peanut producers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The U.S. Department of Agriculture (USDA) today announced that peanut producers voted to continue the National Peanut Board’s research and promotion program. In the referendum held April 8-19, 2024, 93.23% of peanut producers voted in favor of continuing the program. This meets the requirement that a simple majority vote in favor of the program for it to continue. Peanut producers who were subject to assessments Jan. 1, 2022, through Dec. 31, 2022, were eligible to vote in the referendum. The Peanut Promotion, Research, and Information Order, which established the National Peanut Board program, requires USDA to conduct a continuance referendum every five years or at the request of 10% or more of all eligible peanut producers. More information about the program is on the Agricultural Marketing Service (AMS) National Peanut Board webpage and on the National Peanut Board website. The peanut research and promotion program is authorized under the Commodity Promotion, Research and ...

Source: USDA