STAT Communications Ag Market News

Third Best Peanut Yield

WASHINGTON - Nov 9/16 - SNS -- Peanuts production is forecast at 6.24 billion pounds, down 1% from October but up 4% from the 2015 total of 6.00 billion pounds, according to the USDA.

If realized, production for the Nation will be the second highest on record. Harvested area is expected to total 1.59 million acres, unchanged from the October forecast but up 2% from 2015.

Based on conditions as of November 1, the average yield for the United States is forecast at 3,934 pounds per acre, down 42 pounds per acre from the October forecast but up 89 pounds per acre from the 2015 average yield.

The 2016 average yield will be the third highest on record for the United States, if realized. A record high yield is forecast in Alabama for 2016. If realized, production in Georgia, the largest peanut-producing State, will be the third highest on record.

Peanut Area Harvested, Yield, and Production - States and United States: 2015 and Forecasted
November 1, 2016
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2016          :          :
                  :   2015   :   2016   :   2015    :-----------------------:   2015   :   2016
                  :          :          :           : October 1 :November 1 :          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   196.0      173.0      3,250       4,000       4,000      637,000    692,000
Florida ..........:   180.0      146.0      3,600       3,900       3,900      648,000    569,400
Georgia ..........:   777.0      710.0      4,330       4,400       4,200    3,364,410  2,982,000
Mississippi ......:    41.0       39.0      3,500       4,100       4,100      143,500    159,900
North Carolina ...:    87.0      101.0      3,480       3,800       3,800      302,760    383,800
Oklahoma .........:     9.0       12.0      3,400       3,800       3,800       30,600     45,600
South Carolina ...:    82.0      106.0      3,200       3,800       3,800      262,400    402,800
Texas ............:   165.0      250.0      3,200       3,000       3,300      528,000    825,000
Virginia .........:    19.0       20.0      3,650       3,600       3,600       69,350     72,000
                  :
Other States 1/ ..:     4.9       30.0      3,130       3,690       3,690       15,337    110,700
                  :
United States ....: 1,560.9    1,587.0      3,845       3,976       3,934    6,001,357  6,243,200
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1/ For 2015, Other States include New Mexico. For 2016, Other States include Arkansas and New
   Mexico.

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