STAT Communications Ag Market News

Peanut Seedings Up 23%

WASHINGTON - Jun 30/14 - SNS -- American peanut growers planted 1.32 million acres in 2014 and intend to harvest 1.28 million acres, both up 23% from the previous year, according to the USDA's seeded area report for 2014.

The increase in planted area is mainly due to lower corn and soybean prices. Last year growers decreased peanut acres in many States due to larger supplies and strong grain prices. In Georgia, the largest peanut-producing State, planted area is up 37% from 2013.

Peanut Area Planted and Harvested - States and United States: 2013 and 2014
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2013      :     2014      :     2013      :    2014 1/
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      140.0           175.0           138.0           172.0
Florida ........:      140.0           140.0           130.0           130.0
Georgia ........:      430.0           590.0           426.0           580.0
Mississippi ....:       34.0            40.0            33.0            38.0
New Mexico .....:        7.0             5.0             7.0             5.0
North Carolina .:       82.0            90.0            81.0            89.0
Oklahoma .......:       17.0            17.0            16.0            16.0
South Carolina .:       81.0           115.0            78.0           110.0
Texas ..........:      120.0           125.0           117.0           122.0
Virginia .......:       16.0            18.0            16.0            18.0
                :
United States ..:    1,067.0         1,315.0         1,042.0         1,280.0
--------------------------------------------------------------------------------
1/ Forecasted.

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