STAT Communications Ag Market News

Peanut Seedings Sink One-Third

WASHINGTON - Jun 28/13 - SNS -- Area planted to peanuts in 2013 is estimated at 1.10 million acres, down 33% from 2012, according to the USDA seeded area estimates for 2013.

Area for harvest is forecast at 1.06 million acres, down 34% from last year. Lower prices and large existing supplies were the primary factors leading to the decrease in peanut acres.

In Georgia, the largest peanut-producing State, area planted to peanuts is down 31% from 2012 but 7% above the 2011 peanut planted area. Planted acres declined in all peanut-producing States as growers switched to more profitable crops such as corn, soybeans, and cotton.

Peanut Area Planted and Harvested - States and United States: 2012 and 2013
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2012      :     2013      :     2012      :    2013 1/
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      220.0           130.0           219.0           128.0
Florida ........:      210.0           150.0           200.0           140.0
Georgia ........:      735.0           510.0           730.0           500.0
Mississippi ....:       52.0            24.0            49.0            22.0
New Mexico .....:       10.0             6.0            10.0             6.0
North Carolina .:      107.0            80.0           106.0            79.0
Oklahoma .......:       24.0            18.0            22.0            17.0
South Carolina .:      110.0            85.0           107.0            80.0
Texas ..........:      150.0            80.0           145.0            77.0
Virginia .......:       20.0            14.0            20.0            14.0
                :
United States ..:    1,638.0         1,097.0         1,608.0         1,063.0
--------------------------------------------------------------------------------
1/ Forecasted.

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