February was a quiet month, revealing new trends in the peanut industry. Historically, when prices hit rock bottom, demand surges—but this time, it didn’t. This phenomenon, known as stagflation, means the market remains stagnant despite lower prices.
The industry now waits for key triggers to reignite demand or price movement. These could be crop failures, currency fluctuations, policy changes, or other market-shifting events. Until then, the market may drift through a phase of depression—fittingly, even for the common man’s nut: PEANUTs.
