STAT Communications Ag Market News

Peanut Harvest Slipping 3%

WASHINGTON - Aug 12/19 - SNS -- Peanut production is forecast at 5.30 billion pounds, down 3% from 2018, according to the USDA's latest crop production report.

Area harvested is expected to total 1.32 million acres, unchanged from the previous forecast but down 3% from 2018.

Based on conditions as of August 1, the average yield for the United States is forecast at 4,008 pounds per acre, up 17 pounds per acre from 2018. If realized, this would represent the second highest yield on record for the United States.


Peanut Area Harvested, Yield, and Production - States and United States: 2018 and Forecasted
August 1, 2019
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                 :     Area harvested      :     Yield per acre      :       Production
      State      :-----------------------------------------------------------------------------
                 :    2018    :    2019    :    2018    :    2019    :    2018    :    2019
-----------------------------------------------------------------------------------------------
                 :  ---- 1,000 acres ---       ----- pounds -----      ---- 1,000 pounds ----
                 :
Alabama .........:    162.0        147.0       3,400        3,300        550,800      485,100
Arkansas ........:     23.0         44.0       5,000        5,000        115,000      220,000
Florida .........:    140.0        135.0       3,600        4,000        504,000      540,000
Georgia .........:    650.0        590.0       4,450        4,400      2,892,500    2,596,000
Mississippi .....:     24.0         24.0       4,000        4,000         96,000       96,000
New Mexico ......:      5.5          5.0       3,000        3,200         16,500       16,000
North Carolina ..:     98.0         98.0       3,900        3,800        382,200      372,400
Oklahoma ........:     15.0         13.0       3,100        3,700         46,500       48,100
South Carolina ..:     82.0         62.0       3,400        3,500        278,800      217,000
Texas ...........:    145.0        180.0       3,300        3,400        478,500      612,000
Virginia ........:     24.0         25.0       4,200        4,000        100,800      100,000
                 :
United States ...:  1,368.5      1,323.0       3,991        4,008      5,461,600    5,302,600
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