STAT Communications Ag Market News

Sharp Drop in Peanut Area

WASHINGTON - Mar 28/13 - SNS --Peanut growers in the United States intend to plant 1.19 million acres in 2013, down 27% from the previous year, according to the USDA's seeding intentions estimates for 2013.

The expected decrease in planted area is largely driven by lower peanut prices and high supply. Last year growers increased peanut acres in many States due to higher prices. In Georgia, the largest peanut-producing State, expected planted area is down 35% from 2012.

Peanut Area Planted - States and United States: 2011-2013
----------------------------------------------------------------------------------------------------
                    :                                 Area planted
        State       :-------------------------------------------------------------------------------
                    :       2011        :       2012        :      2013 1/      :    Percent of
                    :                   :                   :                   :   previous year
----------------------------------------------------------------------------------------------------
                    :      ----------------- 1,000 acres -----------------             percent
                    :
Alabama ............:        170.0               220.0               150.0                68
Florida ............:        170.0               210.0               190.0                90
Georgia ............:        475.0               735.0               475.0                65
Mississippi ........:         15.0                52.0                22.0                42
New Mexico .........:          6.6                10.0                 6.0                60
North Carolina .....:         82.0               107.0                80.0                75
Oklahoma ...........:         24.0                24.0                24.0               100
South Carolina .....:         77.0               110.0                90.0                82
Texas ..............:        105.0               150.0               140.0                93
Virginia ...........:         16.0                20.0                14.0                70
                    :
United States ......:      1,140.6             1,638.0             1,191.0                73
----------------------------------------------------------------------------------------------------
1/ Intended plantings in 2013 as indicated by reports from farmers.

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.