NEWS
Farm Service Agency
Public Affairs Staff
1400 Independence Ave SW
Stop 0506, Room 3624-South
Washington, D.C. 20250-0506


						Release No. 1420.05 

					Latawnya Dia (202) 720-7962
					  latawnya_dia@wdc.usda.gov
        
                 WEEKLY NATIONAL MARKET PRICE FOR PEANUTS

WASHINGTON, Jan. 25, 2005 � The USDA�s Commodity Credit Corporation 
(CCC) today announced the national posted prices for the four types of 
peanuts.  Prices are as follows: 

	* $420.06 per ton for Runner peanuts
	* $403.23 per ton for Spanish peanuts  
	* $417.15 per ton for Valencia peanuts
	* $417.15 per ton for Virginia peanuts

These prices become effective at 12:01 a.m. Eastern Time (ET), on 
Wednesday, Jan. 26, 2005, and are used to determine the alternative 
loan repayment rates for marketing assistance loans and to determine 
loan deficiency payments.  
     
The national posted prices are determined taking into account CCC�s 
responsibility to minimize potential loan forfeitures and the 
accumulation of stocks of peanuts by CCC.  These prices also allow 
peanuts produced in the United States to be marketed freely and 
competitively, both domestically and internationally.  In establishing 
the national posted prices, CCC utilizes a variety of sources 
reporting peanut sales for various uses in various locations.  USDA 
is committed to ensuring that the rate established is an accurate 
representation of the market price. 
     
This announcement will continue to be made each Tuesday, at 3:00 p.m.,
ET, until further notice.  Additional program information is available 
from Scott Sanford at (202) 720-3392 or by e-mail at 
scott_sanford@wdc.fsa.usda.gov.  	

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Note:  The Farm Service Agency�s news releases and media advisories 
are available at http://www.fsa.usda.gov.