Lamb and his staff at the National Peanut Research Laboratory evaluate entries each year for the Peanut Profitability Award. Lamb designed the nomination form that is used by growers in determining production efficiency.

The Peanut Profitability Awards, explains Lamb, are based solely on production efficiency — honoring those growers who produce the highest yields at the lowest cost per acre. The awards are based on a producer’s entire farm operation, and not just on individual farms or small plots.

Lamb explains that profit is a function of three equally important factors — yield, price and cost.

“More importantly, this program helps other farmers learn from what our winning producers did so they can improve their individual operations. In addition to being a recognition program, it’s also an excellent educational program.”

For more information on this year’s winners and their production practices, see the articles in the July 6, 2012, issue of Delta Farm Press.

Sponsors of this year’s awards include AMVAC Chemical Corporation; Arysta LifeScience; Becker Underwood; DuPont Crop Protection; Golden Peanut Company; Helena Chemical Company; INTX Microbials, LLC; Rio Tinto Minerals; Syngenta Crop Protection; National Peanut Board; Southeast Farm Press; Delta Farm Press; and Southwest Farm Press.