STAT Communications Ag Market News

Peanut Output Slips 3%

WASHINGTON - Aug 12/22 - SNS -- Peanuts production is forecast at 6.20 million pounds in 2022, down 3% from 2021, according to the latest USDA production estimate.

Area harvested is expected to total 1.50 million acres, unchanged from the Acreage report but down 3% from last year. Based on conditions as of August 1, the average yield for the United States is forecast at 4,129 pounds per acre, down less than 1% from 2021. Record high yields are forecast in Alabama, Florida, South Carolina, and Virginia.

Peanut Area Harvested, Yield, and Production - States and United States: 2021 and Forecasted
August 1, 2022
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                 :     Area harvested      :     Yield per acre      :       Production
      State      :-----------------------------------------------------------------------------
                 :    2021    :    2022    :    2021    :    2022    :    2021    :    2022
-----------------------------------------------------------------------------------------------
                 :  ---- 1,000 acres ---       ----- pounds -----      ---- 1,000 pounds ----
                 :
Alabama .........:    183.0        187.0       3,400        4,000        622,200      748,000
Arkansas ........:     35.0         29.0       5,000        5,000        175,000      145,000
Florida .........:    162.0        150.0       3,650        4,300        591,300      645,000
Georgia .........:    750.0        725.0       4,450        4,500      3,337,500    3,262,500
Mississippi .....:     17.0         19.0       4,200        4,100         71,400       77,900
New Mexico ......:     11.0         11.0       2,600        3,000         28,600       33,000
North Carolina ..:    114.0        119.0       4,350        4,200        495,900      499,800
Oklahoma ........:     15.0         14.0       4,400        4,200         66,000       58,800
South Carolina ..:     66.0         62.0       4,200        4,200        277,200      260,400
Texas ...........:    162.0        155.0       3,600        2,100        583,200      325,500
Virginia ........:     30.0         31.0       4,700        4,700        141,000      145,700
                 :
United States ...:  1,545.0      1,502.0       4,135        4,129      6,389,300    6,201,600
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