STAT Communications Ag Market News

Bigger Peanut Harvest Forecast

WASHINGTON - Oct 9/15 - SNS -- Peanut production is forecast at 6.32 billion pounds, up slightly from the September forecast and up 22% from last year's revised production of 5.19 billion pounds, according to the USDA.

Area for harvest is expected to total 1.58 million acres, unchanged from September but 20% higher than 2014.

Based on conditions as of October 1, the average yield for the United States is forecast at 3,997 pounds per acre, up 1 pound per acre from the September forecast and 74 pounds per acre above the revised 2014 average yield of 3,923 pounds per acre. If realized, production in Georgia, the largest peanut-producing State, will be a record high.

Peanut Area Planted and Harvested, Yield, and Production - States and
United States: 2014 and Forecasted October 1, 2015
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :    2014 1/    :     2015      :    2014 1/    :     2015
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      175.0           200.0           173.0           197.0
Florida ........:      175.0           185.0           167.0           172.0
Georgia ........:      600.0           790.0           589.0           780.0
Mississippi ....:       32.0            43.0            31.0            42.0
New Mexico .....:        4.5             5.0             4.5             5.0
North Carolina .:       94.0            90.0            93.0            89.0
Oklahoma .......:       12.0            10.0            11.0             9.0
South Carolina .:      112.0           113.0           108.0           108.0
Texas ..........:      130.0           165.0           127.0           161.0
Virginia .......:       19.0            19.0            19.0            19.0
                :
United States ..:    1,353.5         1,620.0         1,322.5         1,582.0
--------------------------------------------------------------------------------
                :           Yield per acre            :       Production
      State     :---------------------------------------------------------------
                :           :          2015           :            :
                :  2014 1/  :-------------------------:  2014 1/   :    2015
                :           :September 1 : October 1  :            :
--------------------------------------------------------------------------------
                :   ----------- pounds -----------      ---- 1,000 pounds ----
                :
Alabama ........:   3,150       3,600        3,600        544,950      709,200
Florida ........:   4,000       3,600        3,400        668,000      584,800
Georgia ........:   4,135       4,400        4,400      2,435,515    3,432,000
Mississippi ....:   4,000       4,000        4,000        124,000      168,000
New Mexico .....:   3,500       3,000        3,100         15,750       15,500
North Carolina .:   4,320       3,800        4,000        401,760      356,000
Oklahoma .......:   4,000       4,100        3,800         44,000       34,200
South Carolina .:   3,800       3,400        3,400        410,400      367,200
Texas ..........:   3,620       3,500        3,600        459,740      579,600
Virginia .......:   4,450       3,800        4,000         84,550       76,000
                :
United States ..:   3,923       3,996        3,997      5,188,665    6,322,500
--------------------------------------------------------------------------------
1/ Updated from previous estimate.

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