The first President to grow peanuts was Thomas Jefferson, who held a great interest in botany, as a part of his plantations crop rotation to replenish the nitrogen content of his soil for cotton.
Jimmy Carter owned a peanut distribution business that he inherited from his father. As a boy or young man, I think he probably did some planting and harvesting of peanuts for his father.
It may have started as a peanut farm, but by the time that Jimmy ran it, other people raised the peanuts and the Carter Co. bought, stored and resold them.
Thomas Jefferson reportedly raised some peanuts but not as a serious cash crop.
President Carter
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