STAT Communications Ag Market News

Peanut Harvest Slips

WASHINGTON - Nov 10/15 - SNS -- Peanut production in the United States is forecast at 6.17 billion pounds, down 2% from the October forecast but up 19% from last year, according to the latest USDA crop production estimates for 2015.

Area for harvest is expected to total 1.57 million acres, down less than 1% from October but 19% higher than 2014. Harvested acreage was updated due to extensive flooding in South Carolina. Based on conditions as of November 1, the average yield for the United States is forecast at 3,922 pounds per acre, down 75 pounds from the October forecast and 1 pound below the 2014 average yield of 3,923 pounds per acre. If realized, production in Georgia, the largest peanut-producing State, will be a record high.

As of November 1, 72% of the 2015 peanut crop had been harvested, 5 percentage points behind last year and 7 percentage points behind the 5-year average.

Peanut Area Harvested, Yield, and Production - States and United States: 2014 and Forecasted
November 1, 2015
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               :   Area harvested    :          Yield per acre           :     Production
               :-------------------------------------------------------------------------------
     State     :          :          :           :         2015          :          :
               :   2014   :   2015   :   2014    :-----------------------:   2014   :   2015
               :          :          :           : October 1 :November 1 :          :
-----------------------------------------------------------------------------------------------
               : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
               :
Alabama .......:   173.0      197.0      3,150       3,600       3,600      544,950    709,200
Florida .......:   167.0      172.0      4,000       3,400       3,300      668,000    567,600
Georgia .......:   589.0      780.0      4,135       4,400       4,400    2,435,515  3,432,000
Mississippi ...:    31.0       42.0      4,000       4,000       4,000      124,000    168,000
New Mexico ....:     4.5        5.0      3,500       3,100       3,100       15,750     15,500
North Carolina :    93.0       89.0      4,320       4,000       3,800      401,760    338,200
Oklahoma ......:    11.0        9.0      4,000       3,800       3,900       44,000     35,100
South Carolina :   108.0      100.0      3,800       3,400       3,000      410,400    300,000
Texas .........:   127.0      161.0      3,620       3,600       3,300      459,740    531,300
Virginia ......:    19.0       19.0      4,450       4,000       4,000       84,550     76,000
               :
United States .: 1,322.5    1,574.0      3,923       3,997       3,922    5,188,665  6,172,900
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