Peanut Yields Worsen
WASHINGTON - Sep 12/13 - SNS -- Peanuts production is forecast at 3.71 billion pounds, down 4% from the August forecast and down 45% from last year, according to the USDA's latest crop production estimates.
Based on administrative data, planted area, at 1.06 million acres, is down 4% from the June estimate and down 35% from the previous year. Area for harvest is expected to total 1.03 million acres, down 3% from August and 36% lower than 2012. Based on conditions as of September 1, the average yield for the United States is forecast at 3,603 pounds per acre, down 17 pounds from August and down 589 pounds from last year's record high of 4,192 pounds per acre.
As of September 1, sixty-two% of the United States peanut crop was rated in good to excellent condition, compared with 76% the same time last year. Reports indicate harvest was underway by the end of August in Florida and Oklahoma.
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