STAT Communications Ag Market News

Peanut Crop Rissing 19%

WASHINGTON - Aug 13/15 - SNS -- Peanuts production is forecast at 6.18 billion pounds, up 19% from last year, according to the latest USDA production forecast for 2015.

Area for harvest is expected to total 1.57 million acres, unchanged from June but 18% higher than 2014. Based on conditions as of August 1, the average yield for the United States is forecast at 3,950 pounds per acre, down 18 pounds from last year. A record high yield is expected in Oklahoma where most of the peanut growing area has received sufficient rainfall.

Peanut Area Harvested, Yield, and Production - States and United States: 2014 and Forecasted
August 1, 2015
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               :     Area harvested      :     Yield per acre      :       Production
     State     :-----------------------------------------------------------------------------
               :    2014    :    2015    :    2014    :    2015    :    2014    :    2015
---------------------------------------------------------------------------------------------
               :  ---- 1,000 acres ---       ----- pounds -----      ---- 1,000 pounds ----
               :
Alabama .......:    173.0        212.0       3,200        3,500        553,600      742,000
Florida .......:    167.0        169.0       4,000        3,700        668,000      625,300
Georgia .......:    591.0        790.0       4,100        4,200      2,423,100    3,318,000
Mississippi ...:     31.0         34.0       4,000        4,000        124,000      136,000
New Mexico ....:      5.0          5.0       3,100        3,000         15,500       15,000
North Carolina :     93.0         81.0       4,300        4,200        399,900      340,200
Oklahoma ......:     11.0          9.0       4,000        4,100         44,000       36,900
South Carolina :    108.0        110.0       3,800        3,400        410,400      374,000
Texas .........:    127.0        132.0       3,850        3,800        488,950      501,600
Virginia ......:     19.0         23.0       4,350        4,000         82,650       92,000
               :
United States .:  1,325.0      1,565.0       3,932        3,950      5,210,100    6,181,000
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