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Purchasing Characteristics of the Shelled Peanut Market

Author

Listed:
  • Smith, Nathan B.
  • Wolfe, Kent

Abstract

The elimination of the quota program in 2002 reduced the barrier to entry into the peanut shelling industry. Peanut producers have expressed interest in integrating up to peanut shelling and marketing their own peanuts to peanut manufacturers. The peanut shelling and manufacturing sectors are concentrated, with little information available related to shelling costs and manufacturer purchasing characteristics for peanuts. A peanut buyer survey was conducted to gauge the willingness of buyers to purchase peanuts from a new player in the market and to identify what characteristics are important to buyers. The results indicate buyers are satisfied with current suppliers. However, buyers use more than one supplier and are open to new suppliers in the market.

Suggested Citation

  • Smith, Nathan B. & Wolfe, Kent, 2004. "Purchasing Characteristics of the Shelled Peanut Market," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 22(1).
  • Handle: RePEc:ags:jloagb:56698
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    File URL: http://purl.umn.edu/56698
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    References listed on IDEAS

    as
    1. Hancock, Samuel J. & Ray, Todd S. & Fletcher, Stanley M. & Thomas, William A., 2001. "Producer Acceptance Of A New Peanut Marketing Cooperative: A Survey Of Georgia Peanut Producers," Faculty Series 16662, University of Georgia, Department of Agricultural and Applied Economics.
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