STAT Communications Ag Market News

Record Peanut Crop Mooted

WASHINGTON - Aug 10/17 - SNS -- Peanuts production is forecast at a record high 7.43 billion pounds, up 31% from 2016, according to the latest USDA production estimate's of the season.

Area harvested is expected to total 1.77 million acres, unchanged from the June forecast but up 15% from 2016. Based on conditions as of August 1, the average yield for the United States is forecast at 4,190 pounds per acre, up 515 pounds per acre from 2016. If realized, this would represent the second highest yield on record for the United States. Record high yields are forecast for Georgia and Mississippi.

Peanut Area Harvested, Yield, and Production - States and United States: 2016 and Forecasted
August 1, 2017
-----------------------------------------------------------------------------------------------
                 :     Area harvested      :     Yield per acre      :       Production
      State      :-----------------------------------------------------------------------------
                 :    2016    :    2017    :    2016    :    2017    :    2016    :    2017
-----------------------------------------------------------------------------------------------
                 :  ---- 1,000 acres ---       ----- pounds -----      ---- 1,000 pounds ----
                 :
Alabama .........:    173.0        222.0       3,600        3,900        622,800      865,800
Florida .........:    147.0        150.0       3,900        3,700        573,300      555,000
Georgia .........:    709.0        840.0       3,940        4,600      2,793,460    3,864,000
Mississippi .....:     38.0         42.0       4,100        4,400        155,800      184,800
North Carolina ..:     99.0        118.0       3,450        4,100        341,550      483,800
Oklahoma ........:     13.0         19.0       3,800        3,400         49,400       64,600
South Carolina ..:    106.0        130.0       3,300        3,800        349,800      494,000
Texas ...........:    210.0        190.0       2,800        3,500        588,000      665,000
Virginia ........:     21.0         25.0       3,700        4,000         77,700      100,000
                 :
Other States 1/ .:     31.0         37.0       4,284        4,097        132,800      151,600
                 :
United States ...:  1,547.0      1,773.0       3,675        4,190      5,684,610    7,428,600
-----------------------------------------------------------------------------------------------
1/ Other States include Arkansas and New Mexico.

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