TV_FV143
THOMASVILLE FEDERAL-STATE SEPTEMBER 24, 2004

LOCAL PRICES IN SHIPPING SECTION, September 23, 2004.  Based primarily
on the information by peanut millers and brokers.  Prices represent
sales F.O.B. shipping point per pound.  

SOUTHEASTERN SECTION

Trading was fairly slow during the marketing period of September 
17-23 according to marketing sources when contacted at the end of 
the week for sales activity.  Demand was good on light supplies of 
2003 crop, light on 2004 new crop.  The market undertone was 
steady on 2004 crop, firm on 2003 crop.   Buying interest was 
centered around the light remaining supplies of 2003 crop for 
prompt and nearby delivery.  There were a few buyers requiring 
inventory coverage for the next thirty days or so.  This was 
necessitated with the delay in the peanut harvest due to the recent 
rainfall for Hurricane Frances and Ivan.  Sheller offerings for 2004 
new crop were readily available for the majority of the week with 
light buying interest.  By the close of the trading period, some sheller 
offerings were pulled from the trading market due to the potential of 
rainfall from Hurricane Jeanne.  The reported sales for 2003 crop 
represented moderate volume.  Moderate volume was also noted on 
the sale of 2004 crop.  Sales were cents per pound, 2003 crop unless 
otherwise stated.      

RUNNER TYPE
SHELLED 
  Jumbo   Prompt, October (wide range in prices) 
    42-45 deliveries with EU specifications mostly 44-45
  Medium   Prompt   Too few sales to establish a market  
  No. 1    Jan-Aug (2004 new crop) 37
  U.S. Splits   Prompt 39

VIRGINIA-NORTH CAROLINA SECTION

Trading was slow during the marketing period of September 17-23 
according to marketing sources when contacted at the end of the 
week for sales activity.  Demand was light.  The market undertone 
was steady.  Buying interest was centered around the light remaining 
supplies of 2003 crop for prompt and nearby delivery.  There were a 
few buyers requiring inventory coverage for the next thirty days or 
so. The reported sales for 2003 crop generally represented light 
volume.  Sales were cents per pound, 2003 crop unless otherwise 
stated.     

VIRGINIA TYPE
UNSHELLED
  Jumbo   Prompt, October  44-45
  Fancy   No sales reported  
SHELLED
  Extra Large    Prompt few trucklot sales 55   
  Medium         Prompt few trucklot sales 42        
  No. 1 with splits   No sales reported 
  No. 2 with 70% splits or better  
      Jan-Sept (2004 new crop)  38
  No. 2 with 80% splits   Prompt few trucklot sales 37
        
SOUTHWESTERN SECTION

Trading was very slow during the marketing period of September 
17-23 according to marketing sources when contacted at the end of 
the week for sales activity.  Demand was light.  The market 
undertone was steady on 2004 new crop.   Sheller offerings of 2004 
crop were adequately available during the course of the week.   The 
reported sales for 2004 new crop represented light volume.  There 
were a few sales reported on 2003 crop but the volume was very 
light representing only a few trucklots.  Sales were cents per pound, 
2003 crop unless otherwise stated.     

SPANISH TYPE
SHELLED   
  Jumbo   Nov-Sept (2004 new crop) 44
  No. 1   Oct-Feb (2004 new crop)  42 
  U. S. Splits   No sales reported      
RUNNER TYPE
SHELLED
  Jumbo    Prompt  Too few sales to establish a market
  Medium   Prompt  Too few sales to establish a market 
  No. 1    No sales reported           
  U.S. Splits   No sales reported

PEANUT OIL Southeast 

Trading was very slow during the marketing period September 17-
23 according to marketing sources when contacted at the end of the 
week for sales activity.  Demand was very light at the current price 
offerings.  There were occasional sales reported which represented 
only a few railcars.  Additional offerings were available at the close 
of the trading period at approximately the same price level of the 
earlier sales.   Sales of peanut oil were fob plant basis cents per 
pound few railcars prompt delivery 55.


PEANUT MEAL Southeast

Trading was inactive during the marketing period of September 17-
23 according to marketing sources when contacted at the end of the 
week for sales activity.   Peanut meal offerings for prompt or nearby 
delivery were very light during the trading period.  There were no 
sales reported during the trading period.