Despite surplus, peanut acres may increase in 2014

Even though there is an oversupply of peanuts from large U.S. crops in 2012 and 2013,  growers may increase acreage this year because soybeans and corn aren't as competitive from a price standpoint as in years past. Dr. Marshall Lamb, research director at the USDA/ARS National Peanut Laboratory discussed the state of the industry at the annual meeting of the Mississippi Peanut Growers Association.