STAT Communications Ag Market News

Peanut Harvest Sinks 20%

WASHINGTON - Sep 13/18 - SNS -- Peanut production in the U.S. is forecast at 5.76 billion pounds, down 5% from August and down 20% from 2017, according to the USDA's latest crop production estimates.

Acreage updates were made in several States based on a thorough review of all available data. Planted area, at 1.43 million acres, is down 5% from the June estimate and is 24% lower than the 2017 planted area. Harvested area is expected to total 1.39 million acres, down 5% from the August forecast and down 22% from 2017.

Based on conditions as of September 1, the average yield for the United States is forecast at 4,151 pounds per acre, down 16 pounds per acre from August but 77 pounds per acre above the 2017 average yield. The largest yield increases from last year are expected in Alabama, Florida, and Georgia. Record high yields are forecast in Alabama and Florida.

Peanut Area Harvested, Yield, and Production - States and United States: 2017 and Forecasted
September 1, 2018
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2018          :          :
                  :   2017   :   2018   :   2017    :-----------------------:   2017   :   2018
                  :          :          :           : August 1  :September 1:          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   193.0      163.0      3,650       4,000       4,000      704,450    652,000
Florida ..........:   186.0      146.0      3,550       4,000       4,100      660,300    598,600
Georgia ..........:   825.0      655.0      4,380       4,500       4,500    3,613,500  2,947,500
Mississippi ......:    43.0       24.0      4,100       4,100       4,000      176,300     96,000
North Carolina ...:   117.0      100.0      4,100       4,100       3,900      479,700    390,000
Oklahoma .........:    20.0       15.0      3,700       3,200       3,000       74,000     45,000
South Carolina ...:   118.0       84.0      4,000       3,800       3,800      472,000    319,200
Texas ............:   210.0      145.0      3,600       3,300       3,200      756,000    464,000
Virginia .........:    27.0       24.0      4,550       4,200       4,100      122,850     98,400
                  :
Other States 1/ ..:    36.6       31.5      4,768       4,676       4,738      174,500    149,250
                  :
United States ....: 1,775.6    1,387.5      4,074       4,167       4,151    7,233,600  5,759,950
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1/ Other States include Arkansas and New Mexico.

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