Core Insights - The article highlights the successful cultivation and commercialization of high oleic peanuts in Luanzhou, Hebei Province, which has significantly improved the livelihoods of local farmers [1][2] - The demand for high oleic peanuts is increasing both domestically and internationally, leading to a shift from reliance on imports to local production [2] Group 1: Industry Overview - Luanzhou is recognized as "China's Peanut Hometown" with a peanut planting history of over a century, covering an area of 227,900 acres for peanut harvest this season, including approximately 120,000 acres of high oleic peanuts [1] - The introduction of high oleic peanut varieties since 2014 has led to the selection and promotion of varieties such as "Jihua 16," "Jihua 11," and "Jihua 18" [1][2] Group 2: Economic Impact - Farmers like Niu Yuemeng have reported significant income increases from high oleic peanut cultivation, enabling them to improve their living conditions [1] - The cooperative has established a national-level seed expansion base with an annual seed supply of 800 tons, selling at a premium of 1,000 RMB per ton compared to regular peanuts [2] Group 3: Value Addition and Processing - The cooperative is focusing on deep processing of agricultural products to enhance value, including the development of low-temperature cold-pressed peanut oil and peanut protein powder [2] - Collaborations with major companies like Shandong Luhua and Mars, Inc. have resulted in long-term contracts, contributing to an annual revenue of 120 million RMB for the cooperative [2]