Peanuts & Sugar: Background, Policy & Provisions of Federal Programs

According to the U.S. Department of Agriculture (USDA), the United States is expected to be the fourth largest producer and exporter of peanuts in the world in 2015. In addition to its prominent role in international markets, U.S. peanut production and marketing is an important activity in several states located in the southeastern and southwestern United States. The U.S. sugar program is singular among major agricultural commodity programs in that it combines a floor price guarantee with a supply management structure that encompasses both domestic production for human use and sugar imports. The sugar program provides a price guarantee to the processors of sugarcane and sugar beets, and by extension, to the producers of both crops. This book provides a review of the background, policies and provisions on federal programs for both peanuts and sugar.