STAT Communications Ag Market News

Smaller Peanut Crop Expected

WASHINGTON - Sep 12/22 - SNS -- Peanut production is forecast at 5.85 million pounds in 2022, down 6% from the previous forecast and down 8% from 2021, according to the USDA's latest production forecast.

Acreage updates were made in several States based on a thorough review of all available data. Planted area at 1.46 million acres is down 5% from the previous estimate and down 8% from 2021 planted area. Area harvested is expected to total 1.41 million acres, down 6% from the previous forecast and down 9% from 2021.

Based on conditions as of September 1, the average yield for the United States is forecast at 4,145 pounds per acre, up 16 pounds per acre from the previous forecast and up 10 pounds per acre from 2021. Record high yields are forecast for Florida, North Carolina, South Carolina, and Virginia.

Peanut Area Planted and Harvested - States and United States: 2021 and 2022
[Includes updates to planted and harvested area previously published]
------------------------------------------------------------------------------------------
                  :           Area planted            :          Area harvested
       State      :-----------------------------------------------------------------------
                  :      2021       :      2022       :      2021       :     2022 1/
------------------------------------------------------------------------------------------
                  :                              1,000 acres
                  :
Alabama ..........:       185.0             165.0             183.0             163.0
Arkansas .........:        36.0              33.0              35.0              32.0
Florida ..........:       170.0             155.0             162.0             147.0
Georgia ..........:       755.0             685.0             750.0             680.0
Mississippi ......:        18.0              14.0              17.0              13.0
New Mexico .......:        11.2               7.1              11.0               7.1
North Carolina ...:       115.0             117.0             114.0             116.0
Oklahoma .........:        16.0              18.0              15.0              17.0
South Carolina ...:        69.0              71.0              66.0              68.0
Texas ............:       180.0             165.0             162.0             140.0
Virginia .........:        30.0              29.0              30.0              28.0
                  :
United States ....:     1,585.2           1,459.1           1,545.0           1,411.1
------------------------------------------------------------------------------------------
1/ Forecasted.
Peanut Area Harvested, Yield, and Production - States and United States: 2021 and Forecasted
September 1, 2022
--------------------------------------------------------------------------------------------------
                  :   Area harvested    :          Yield per acre           :     Production
                  :-------------------------------------------------------------------------------
       State      :          :          :           :         2022          :          :
                  :   2021   :   2022   :   2021    :-----------------------:   2021   :   2022
                  :          :          :           : August 1  :September 1:          :
--------------------------------------------------------------------------------------------------
                  : --- 1,000 acres --      ----------- pounds ----------    --- 1,000 pounds ---
                  :
Alabama ..........:   183.0      163.0      3,400       4,000       3,800      622,200    619,400
Arkansas .........:    35.0       32.0      5,000       5,000       5,000      175,000    160,000
Florida ..........:   162.0      147.0      3,650       4,300       4,300      591,300    632,100
Georgia ..........:   750.0      680.0      4,450       4,500       4,500    3,337,500  3,060,000
Mississippi ......:    17.0       13.0      4,200       4,100       4,100       71,400     53,300
New Mexico .......:    11.0        7.1      2,600       3,000       3,000       28,600     21,300
North Carolina ...:   114.0      116.0      4,350       4,200       4,400      495,900    510,400
Oklahoma .........:    15.0       17.0      4,400       4,200       4,000       66,000     68,000
South Carolina ...:    66.0       68.0      4,200       4,200       4,200      277,200    285,600
Texas ............:   162.0      140.0      3,600       2,100       2,200      583,200    308,000
Virginia .........:    30.0       28.0      4,700       4,700       4,700      141,000    131,600
                  :
United States ....: 1,545.0    1,411.1      4,135       4,129       4,145    6,389,300  5,849,700
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