STAT Communications Ag Market News

Peanut Seedings Sink 20%

WASHINGTON - Jun 29/18 - SNS -- Farmers in the United States planted 1.50 million acres of peanuts, down 20% from 2017 and the lowest planted area since 2014, according to the USDA's seeded area estimates for this year.

Area for harvest is forecast at 1.46 million acres, down 18% from last year. In Georgia, the largest peanut-producing State, planted area is down 16% from 2017.

Peanut Area Planted and Harvested - States and United States: 2017 and 2018
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2017      :     2018      :     2017      :    2018 1/
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      195.0           160.0           193.0           157.0
Arkansas .......:       30.0            30.0            29.0            29.0
Florida ........:      195.0           160.0           186.0           151.0
Georgia ........:      835.0           700.0           825.0           690.0
Mississippi ....:       44.0            30.0            43.0            29.0
New Mexico .....:        7.6             8.0             7.6             8.0
North Carolina .:      119.0           105.0           117.0           103.0
Oklahoma .......:       21.0            16.0            20.0            15.0
South Carolina .:      122.0           100.0           118.0            96.0
Texas ..........:      275.0           170.0           210.0           160.0
Virginia .......:       27.0            23.0            27.0            23.0
                :
United States ..:    1,870.6         1,502.0         1,775.6         1,461.0
--------------------------------------------------------------------------------
1/ Forecasted.

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