The following prices are effective from 08/10/16 at 12:01 am Eastern Time until midnight Tuesday 08/16/16. The next announcement is scheduled for 08/16/16 at 3:00 pm Eastern Time.
* $424.43 per ton for Runner peanuts
* $409.00 per ton for Spanish peanuts
* $429.97 per ton for Valencia peanuts
* $429.97 per ton for Virginia peanuts
These NPP are based on the 2016-crop loan differentials announced August 2, 2016.
These prices are used to determine alternative loan repayment rates for marketing assistance loans and to determine loan deficiency payments. The NASS publishes estimates of the average prices received by farmers for peanuts each week.