Peanut Crop Gains 7%
WASHINGTON - Jan 10/14 - SNS -- Peanuts production is estimated at 4.17 billion pounds, up 7% from the previous forecast but down 38% from 2012, according to the USDA's final production estimates for the 2013 crop.
Planted area is estimated at 1.07 million acres while area harvested is estimated at 1.04 million acres. Planted and harvested acres are both down 35% from the previous crop year. Average yield is estimated at 4,006 pounds per acre, up 219 pounds from the previous forecast but down 211 pounds from 2012.
Coming off record high production and average yield for the United States in 2012, peanut producers reduced acres in 2013. Yields increased in Florida, New Mexico, Oklahoma, and Texas but decreased in Alabama, Georgia, Mississippi, North Carolina, South Carolina, and Virginia. Condition of the crop was rated mostly good to excellent during the growing season. Florida is the only state reporting a record high yield.
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