STAT Communications Ag Market News

Peanut Crop Up 24%

WASHINGTON - Sep 11/20 - SNS -- Peanut´production is forecast at 6.79 billion pounds, up 9% from the previous forecast and up 24% from 2019, according to the latest USDA crop production update.

Acreage updates were made in several States based on a thorough review of all available data. Planted area, at 1.67 million acres is up 10% from the previous estimate, and up 17% from the 2019 planted area. Area harvested is expected to total 1.62 million acres, up 10% from the previous forecast and up 17% from 2019.

Based on conditions as of September 1, the average yield for the United States is forecast at 4,185 pounds per acre, down 33 pounds per acre from the previous forecast but up 236 pounds per acre from 2019.

Peanut Area Planted and Harvested - States and United States: 2019 and 2020
[Includes updates to planted and harvested area previously published]
------------------------------------------------------------------------------------------
                  :           Area planted            :          Area harvested
       State      :-----------------------------------------------------------------------
                  :      2019       :      2020       :      2019       :     2020 1/
------------------------------------------------------------------------------------------
                  :                              1,000 acres
                  :
Alabama ..........:       160.0             185.0             158.0             182.0
Arkansas .........:        34.0              40.0              33.0              39.0
Florida ..........:       165.0             175.0             155.0             165.0
Georgia ..........:       670.0             810.0             660.0             800.0
Mississippi ......:        20.0              23.0              19.0              22.0
New Mexico .......:         4.7               6.2               4.7               6.2
North Carolina ...:       104.0             107.0             102.0             105.0
Oklahoma .........:        15.0              16.0              14.0              15.0
South Carolina ...:        65.0              85.0              62.0              82.0
Texas ............:       165.0             190.0             160.0             180.0
Virginia .........:        25.0              28.0              24.0              27.0
                  :
United States ....:     1,427.7           1,665.2           1,391.7           1,623.2
------------------------------------------------------------------------------------------
1/ Forecasted.
Peanut Area Harvested, Yield, and Production - States and United States: 2019 and Forecasted
September 1, 2020
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2020          :          :
                  :   2019   :   2020   :   2019    :-----------------------:   2019   :   2020
                  :          :          :           : August 1  :September 1:          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   158.0      182.0      3,350       4,100       4,100      529,300    746,200
Arkansas .........:    33.0       39.0      5,200       4,900       4,900      171,600    191,100
Florida ..........:   155.0      165.0      3,800       4,100       4,200      589,000    693,000
Georgia ..........:   660.0      800.0      4,200       4,600       4,500    2,772,000  3,600,000
Mississippi ......:    19.0       22.0      4,000       4,500       4,500       76,000     99,000
New Mexico .......:     4.7        6.2      3,210       3,100       3,100       15,087     19,220
North Carolina ...:   102.0      105.0      4,350       4,000       4,200      443,700    441,000
Oklahoma .........:    14.0       15.0      4,100       3,800       3,600       57,400     54,000
South Carolina ...:    62.0       82.0      3,800       3,800       3,800      235,600    311,600
Texas ............:   160.0      180.0      3,100       3,100       2,900      496,000    522,000
Virginia .........:    24.0       27.0      4,600       4,000       4,300      110,400    116,100
                  :
United States ....: 1,391.7    1,623.2      3,949       4,218       4,185    5,496,087  6,793,220
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