STAT Communications Ag Market News

Smaller Peanut Crop Expected

WASHINGTON - Oct 10/19 - SNS -- Peanuts production is forecast at 5.48 billion pounds, down 3% from the previous forecast and down less than 1% from the revised 2018 total of 5.50 billion pounds, according to the USDA's latest crop production estimates.

Harvested area is expected to total 1.38 million acres, unchanged from the previous forecast but up 1% from 2018.

Based on conditions as of October 1, the average yield for the United States is forecast at 3,964 pounds per acre, down 122 pounds from the previous forecast and down 37 pounds from the 2018 average yield of 4,001 pounds per acre. Record high production is forecast in Arkansas.

Peanut Area Planted and Harvested, Yield, and Production - States and
United States: 2018 and Forecasted October 1, 2019
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2018      :     2019      :     2018      :     2019
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      165.0           160.0           161.0           157.0
Arkansas .......:       26.0            35.0            23.0            34.0
Florida ........:      155.0           165.0           143.0           155.0
Georgia ........:      665.0           670.0           655.0           660.0
Mississippi ....:       25.0            20.0            24.0            19.0
New Mexico .....:        5.5             5.0             5.5             5.0
North Carolina .:      102.0           104.0            98.0           101.0
Oklahoma .......:       16.0            16.0            15.0            15.0
South Carolina .:       87.0            65.0            80.0            62.0
Texas ..........:      155.0           160.0           145.0           150.0
Virginia .......:       24.0            25.0            24.0            25.0
                :
United States ..:    1,425.5         1,425.0         1,373.5         1,383.0
--------------------------------------------------------------------------------
                :           Yield per acre            :       Production
      State     :---------------------------------------------------------------
                :           :          2019           :            :
                :   2018    :-------------------------:    2018    :    2019
                :           :September 1 : October 1  :            :
--------------------------------------------------------------------------------
                :   ----------- pounds -----------      ---- 1,000 pounds ----
                :
Alabama ........:   3,550       3,400        3,300        571,550      518,100
Arkansas .......:   4,900       5,000        5,000        112,700      170,000
Florida ........:   3,950       4,000        4,000        564,850      620,000
Georgia ........:   4,390       4,400        4,200      2,875,450    2,772,000
Mississippi ....:   3,900       4,300        4,300         93,600       81,700
New Mexico .....:   2,850       3,200        3,200         15,675       16,000
North Carolina .:   3,870       4,200        4,300        379,260      434,300
Oklahoma .......:   3,070       3,700        3,700         46,050       55,500
South Carolina .:   3,400       3,600        3,500        272,000      217,000
Texas ..........:   3,200       3,500        3,300        464,000      495,000
Virginia .......:   4,200       3,900        4,100        100,800      102,500
                :
United States ..:   4,001       4,086        3,964      5,495,935    5,482,100
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