STAT Communications Ag Market News

USDA lowers Peanut Estimate

WASHINGTON - Oct 12/22 - SNS -- Peanut production in the U.S. is forecast at 5.77 million pounds in 2022, down 1% from the previous forecast, and down 9% from 2021, according to the USDA.

Area harvested is expected to total 1.41 million acres, unchanged from the previous forecast but down 8% from 2021. Based on conditions as of October 1, the average yield for the United States is forecast at 4,090 pounds per acre, down 55 pounds per acre from the previous forecast, and down 40 pounds per acre from 2021. Record high yields are forecast for South Carolina and Virginia.


Peanut Area Planted and Harvested, Yield, and Production - States and
United States: 2021 and Forecasted October 1, 2022
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2021      :     2022      :     2021      :     2022
--------------------------------------------------------------------------------
                :                          1,000 acres
                :
Alabama ........:      185.0           165.0           182.0           163.0
Arkansas .......:       36.0            33.0            35.0            32.0
Florida ........:      165.0           155.0           158.0           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            11.1             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 ..:    1,580.2         1,459.1         1,540.1         1,411.1
--------------------------------------------------------------------------------
                :           Yield per acre            :       Production
      State     :---------------------------------------------------------------
                :           :          2022           :            :
                :   2021    :-------------------------:    2021    :    2022
                :           :September 1 : October 1  :            :
--------------------------------------------------------------------------------
                :   ----------- pounds -----------      ---- 1,000 pounds ----
                :
Alabama ........:   3,350       3,800        3,900        609,700      635,700
Arkansas .......:   5,000       5,000        5,000        175,000      160,000
Florida ........:   3,700       4,300        3,900        584,600      573,300
Georgia ........:   4,450       4,500        4,400      3,337,500    2,992,000
Mississippi ....:   4,100       4,100        4,100         69,700       53,300
New Mexico .....:   2,310       3,000        3,000         25,641       21,300
North Carolina .:   4,350       4,400        4,100        495,900      475,600
Oklahoma .......:   4,450       4,000        3,800         66,750       64,600
South Carolina .:   4,200       4,200        4,200        277,200      285,600
Texas ..........:   3,570       2,200        2,700        578,340      378,000
Virginia .......:   4,700       4,700        4,700        141,000      131,600
                :
United States ..:   4,130       4,145        4,090      6,361,331    5,771,000
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