STAT Communications Ag Market News

Record Peanut Harvest Seen

WASHINGTON - Nov 9/17 - SNS -- Peanuts production is forecast at 7.64 billion pounds, down 2% from the October forecast but up 37% from the 2016 total of 5.58 billion pounds, according to the latest crop estimates from the USDA.

If realized, production for the Nation will be the highest on record. Harvested area is expected to total 1.83 million acres, unchanged from the October forecast but up 19% from 2016.

Based on conditions as of November 1, the United States average yield is forecast at 4,176 pounds per acre, down 81 pounds per acre from October, but up 542 pounds per acre from the 2016 average yield of 3,634 pounds per acre.

If realized, the average United States yield will be the highest since 2012. Record high yields are forecast in Georgia, Mississippi, and South Carolina. If realized, production in Georgia and South Carolina will be the highest on record.

Peanut Area Harvested, Yield, and Production - States and United States: 2016 and Forecasted
November 1, 2017
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2017          :          :
                  :   2016   :   2017   :   2016    :-----------------------:   2016   :   2017
                  :          :          :           : October 1 :November 1 :          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   172.0      192.0      3,600       4,200       3,900      619,200    748,800
Florida ..........:   146.0      183.0      3,800       3,500       3,400      554,800    622,200
Georgia ..........:   706.0      830.0      3,900       4,700       4,600    2,753,400  3,818,000
Mississippi ......:    38.0       42.0      4,000       4,500       4,500      152,000    189,000
North Carolina ...:    99.0      118.0      3,530       4,100       4,100      349,470    483,800
Oklahoma .........:    12.0       19.0      3,700       3,400       3,800       44,400     72,200
South Carolina ...:   106.0      120.0      3,200       3,900       3,900      339,200    468,000
Texas ............:   205.0      260.0      2,730       3,700       3,700      559,650    962,000
Virginia .........:    21.0       27.0      3,650       4,300       4,450       76,650    120,150
                  :
Other States 1/ ..:    31.0       38.0      4,284       4,068       4,068      132,800    154,600
                  :
United States ....: 1,536.0    1,829.0      3,634       4,257       4,176    5,581,570  7,638,750
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1/ Other States include Arkansas and New Mexico.

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