Peanut Outlook Improves



WASHINGTON - Sep 12/19 - SNS -- Peanut production is forecast at 5.65 billion pounds, up 7% from the previous forecast and up 3% from 2018, according to the latest USDA 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 up 4% from the previous estimate but down less than 1% from the 2018 planted area. Harvested area is expected to total 1.38 million acres, up 5% from the previous forecast and up 1% from 2018.

Based on conditions as of September 1, the average yield for the United States is forecast at 4,086 pounds per acre, up 78 pounds per acre from last month and 95 pounds per acre above the 2018 average yield. The largest yield increases from last year are expected in Florida, Mississippi, North Carolina, and Oklahoma.

Peanut Area Planted and Harvested - States and United States: 2018 and 2019
[Includes updates to planted and harvested area previously published]
------------------------------------------------------------------------------------------
                  :           Area planted            :          Area harvested
       State      :-----------------------------------------------------------------------
                  :      2018       :      2019       :      2018       :     2019 1/
------------------------------------------------------------------------------------------
                  :                              1,000 acres
                  :
Alabama ..........:       165.0             160.0             162.0             157.0
Arkansas .........:        26.0              35.0              23.0              34.0
Florida ..........:       155.0             165.0             140.0             155.0
Georgia ..........:       665.0             670.0             650.0             660.0
Mississippi ......:        25.0              20.0              24.0              19.0
New Mexico .......:         5.5               5.0               5.5               5.0
North Carolina ...:       102.0             104.0              98.0             101.0
Oklahoma .........:        16.0              16.0              15.0              15.0
South Carolina ...:        87.0              65.0              82.0              62.0
Texas ............:       155.0             160.0             145.0             150.0
Virginia .........:        24.0              25.0              24.0              25.0
                  :
United States ....:     1,425.5           1,425.0           1,368.5           1,383.0
------------------------------------------------------------------------------------------
1/ Forecasted.
Peanut Area Harvested, Yield, and Production - States and United States: 2018 and Forecasted
September 1, 2019
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2019          :          :
                  :   2018   :   2019   :   2018    :-----------------------:   2018   :   2019
                  :          :          :           : August 1  :September 1:          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   162.0      157.0      3,400       3,300       3,400      550,800    533,800
Arkansas .........:    23.0       34.0      5,000       5,000       5,000      115,000    170,000
Florida ..........:   140.0      155.0      3,600       4,000       4,000      504,000    620,000
Georgia ..........:   650.0      660.0      4,450       4,400       4,400    2,892,500  2,904,000
Mississippi ......:    24.0       19.0      4,000       4,000       4,300       96,000     81,700
New Mexico .......:     5.5        5.0      3,000       3,200       3,200       16,500     16,000
North Carolina ...:    98.0      101.0      3,900       3,800       4,200      382,200    424,200
Oklahoma .........:    15.0       15.0      3,100       3,700       3,700       46,500     55,500
South Carolina ...:    82.0       62.0      3,400       3,500       3,600      278,800    223,200
Texas ............:   145.0      150.0      3,300       3,400       3,500      478,500    525,000
Virginia .........:    24.0       25.0      4,200       4,000       3,900      100,800     97,500
                  :
United States ....: 1,368.5    1,383.0      3,991       4,008       4,086    5,461,600  5,650,900
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