PEANUT MARKETING NEWS – January 20, 2021 – Tyron Spearman, Editor (08)

FLORIDA MEETING CANCELLED - The Board of Directors for Florida Peanut Federation has made the difficult decision to
cancel the 2021 Annual Membership Meeting and Banquet. Peanut farmers will have to find something even more fun to do on
the evening Sat, Feb 20th.
HEARING SET ON PEANUT LAWSUIT - A hearing will be held on March 25, 2021, at 10:00 a.m., before the Honorable
Raymond A. Jackson, United States District Judge, at the Walter E. Hoffman United States Courthouse, 600 Granby Street,
Norfolk, VA 23510, Courtroom 4 for the purpose of determining whether to approve the proposed settlement with the Olam and
Birdsong Defendants.
The lawsuit claims that Defendants conspired to suppress competition and to pay depressed prices for Runner Peanuts
purchased from farmers in the United States, in violation of federal antitrust laws.
The Court’s class certification decision and the settlements affect those persons or entities in the United States who sold
Runner Peanuts to Golden Peanut Company LLC, Birdsong Corporation, and Olam Peanut Shelling Company (or their
subsidiaries or affiliates) from January 1, 2014 through December 31, 2019.
A Notice was mailed to potential Class members on or about January 12, 2021. The Notice describes in more detail the
litigation and options available to Class members with respect to the settlements. The Notice and other important documents
related to the settlement can be accessed at www.PeanutFarmersAntitrustLitigation.com, or by calling (844) 754-7469 or writing
to In re Peanut Farmers Antitrust Litigation, P.O. Box 58220, Philadelphia, PA 19102. Those who believe they may be a member
of the Class, are urged to obtain a copy of the Notice.
SCOTT ANNOUNCES NEW AG STAFF - House Agriculture Committee Chairman David Scott of Georgia announced the
promotion of two current Committee staffers. Ashley Smith will serve as Deputy Staff Director of the Committee. Currently,
Smith is the Staff Director of the Subcommittee on Commodity Exchanges, Energy, and Credit. Prior to joining the Committee,
Smith served as Legislative Director for Chairman Scott and worked as a Legislative Assistant at Florida Crystals. Smith holds a
degree in political science from the University of South Dakota and is a native South Dakotan.
Mickeala Carter will take on the role of Director of Communications and External Affairs. Carter currently serves as
Outreach Coordinator for the Committee. Previously, she served as Communications Director and Senior Legislative Assistant to
Congressman Filemon Vela of Texas. Carter grew up in DeSoto, Texas, and holds a degree in agricultural leadership and
development from Texas A&M University.
EXPORTS OF U.S. PEANUTS – From Foreign Agricultural Service for August 2019-NOV.2020(4 months) (MT=Metric Ton)
Country Aug19-Nov19 Aug 20-Nov20 Nov 19 Nov 20 Countr Aug19-Nov20 Aug20-Nov20 Nov19 Nov20
Export Raw-Shelled Peanuts (MT) DOWN – 22 % In-Shell Peanuts (MT) UP + 67.4%
Canada 33,343 29,865 9,757 7,431 China 20,531 58,847 10,187 23,810
Mexico 28,398 20,294 6,141 5,263 Germany 3,380 2,120 584 493
China 12,225 10,249 2,389 4,657 Netherlands 754 3,141 271 441
Netherlands 8,876 3,783 1,704 1,217 Trinidad/Tob 1,544 1,252 376 301
Japan 1,913 2,053 417 518 Mexico 1,412 809 457 452
TOTAL (U.S.) 99,212 77,359 24,883 20,852 U.S. 42,216 70,674 14,300 26,721
Peanut Butter Exports (MT) DOWN – 11.1% TOTAL PEANUT EXPORTS (MT) UP + 3.7%
Canada 5,182 4,279 999 833 U.S. 182,903 189,733 50,100 58,624
Mexico 1,426 1,576 295 528 China keeps buying U.S. peanuts. China is the leader of in-
Saudi Arabia 392 1,000 116 202 shell peanuts, up 67.4 % over last year (4 Mo). Shipments of
Korea, South 455 537 138 84 raw shelled peanuts is down 22%, however China shipments
Hong Kong 323 482 70 144 are up 95% vs last Nov. Canada and Mexico led buying for
TOTAL (U.S.) 13,625 12,117 3,170 2,897 raw-shelled and peanut butter. Exports of peanut butter are
Pnts Blanched 7,288 4,157 1,428 1,474 down 11.1% for first four months, but holding steady for
Crude Pnt Oil 745 1,777 202 338 November. Peanut exports are UP 3.7%, (4 Mo) and
Ref. Pnt Oil EXP 798 605 252 162 November is up 17% vs Nov 19.
ShelledOil Stock 12,583 12,037 4,464 3,326
Mexico has bought 9,400 as PNTS, SH, Oil Stock (3 mo)
PEANUTS – Shelled Oil Stock Same as last year
Rotterdam CIF-(40- Feb. 2020 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020 Oct 2020 Nov 2020
50) shelled Run-MT $1513 $1,500 $1,534 $1,473 $1,444 $1,425 $1,394 $1,350 $1,400 $1,475