Peanut insurance, market outlook meeting for farmers

The Texas Peanut Producers Board in cooperation with the Texas A&M AgriLife Extension Service is hosting an industry meeting in Seminole, Texas, at 10 a.m. on Tuesday, Feb. 10 in the Ambassador Room at 101 East Ave A in Seminole.

The FREE event is scheduled to last no more than two hours, and will feature speakers reviewing the peanut insurance provisions under the new farm bill, and offer an outlook for the industry.

Keith Schumann, AgriLogic Consulting’s vice president for quantitative analysis, will provide insight and guidance for peanut farmers regarding the changes in crop insurance they need to plan for this coming year.

Additionally, Marshall Lamb, Ph.D., the supervisory research food technologist for the National Peanut Research Laboratory, will present a market outlook for 2015 and 2016.

“Area peanut farmers have much to gain from the information that will be provided at the event,” Terry Millican with Gaines County AgriLife says.

TPPB will also hold a nominations election to select two nominees each for member and alternate to the National Peanut Board. All eligible peanut farmers are encouraged to participate. Eligible farmers are those who are engaged in the production and sale of peanuts and who own or share the ownership and risk of loss of the crop.

Robert “Bob” White of Clarendon is the current Texas National Peanut Board member and Peter Froese Jr. of Seminole serves as the alternate. The term for the current Texas board member and alternate expires Dec. 31, 2015.

No pre-registration is required for the meeting. Questions can be directed to TPPB at 800.734.0086. Information about TPPB and the peanut industry is available at www.TexasPeanutBoard.com.

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