High Returns from Peanut Production

By CnAgri2013-06-26 11:06:15 Print The cost of peanut production was RMB14,380/hectare in 2011, up 21.67% on the year-on-year basis. Peanut production generated an average profit ratio of 73.03% in the last three years. Peanut production cost was above that of soybeans and rapeseeds. The high returns from peanut production were accredited to the high proportion of peanut consumption (45%) for food use.

          

From “China Oil and Oilseeds Market Weekly Report”