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Marketing Quotas as an Alternative to the Present Price Support Program for Peanuts

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  • Fleming, Frank N.
  • White, Fred C.

Abstract

Use of peanuts in edible products is expected to increase five percent in 1975-76 to 1.9 billion pounds. Despite the increase in consumption, supplies are well in excess of edible requirements. The 1975-76 peanut supply is estimated at a record 5.0 billion pounds, about 20 percent above the previous year. Surplus production is an increasingly important problem for the peanut sector. Total peanut production has doubled since 1960, although planted acreage has been restricted by the peanut program to a maximum of 1.61 million acres. Due to increasing yields, acquisitions by the Commodity Credit Corporation have increased from 17 percent of total production in 1960 to 30-35 percent in 1975.

Suggested Citation

  • Fleming, Frank N. & White, Fred C., 1976. "Marketing Quotas as an Alternative to the Present Price Support Program for Peanuts," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 8(1), pages 91-99, July.
  • Handle: RePEc:cup:jagaec:v:8:y:1976:i:01:p:91-99_01
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    Cited by:

    1. Trapp, James N., 1978. "An Analysis Of The Impact Of Alternative Peanut Marketing Quotas And Support Prices," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(1), pages 1-6, July.
    2. Epperson, J. E. & Tyan, H. L. & Carley, D. H., 1982. "Effects of Removal of the Peanut Program on Georgia Production and Distribution of Selected Fresh Produce," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 14(1), pages 153-159, July.

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