CALHOUN COUNTY, S.C. (WIS) - Monday is National Peanut Day, and Midlands peanut growers may have reason to celebrate.
Earlier in September, Premium Peanut announced it would be investing $64.3 million into a new Orangeburg County facility, bringing an estimated 130 jobs.
The peanut shelling company is farmer-owned, which Palmetto Peanut partner and peanut farmer Chris Mixon brings opportunity.
Palmetto Peanut acts as a middleman between farmers and shelling companies, drying and transporting the product. It is now working with Premium Peanut.
Mixon said traditionally, peanut farmers sell their product for market value and don’t see any benefits if the market improves over time.
He said farmers who invest in Premium Peanut with their product will receive market price and dividends as the market and company grow.