STAT Communications Ag Market News

Modest Gain In Peanut Area

WASHINGTON - Mar 28/24 - SNS -- Growers intend to plant 1.65 million acres of peanuts in 2024, down less than 1% from last year in comparable States, according to the USDA's seeding intentions report.

Compared with last year, planted acreage is expected to increase 6% or more in Florida, Georgia, Mississippi, and South Carolina. In Georgia, the largest peanut-producing State, planted area is expected to be up 6% from last year to 820,000 acres.

The largest decline is expected in Texas, where planted area is expected to be down 29% from last year.

Beginning in 2024, peanut estimates began in Missouri but were discontinued in New Mexico.

Peanut Area Planted - States and United States: 2022-2024
----------------------------------------------------------------------------------------------------
                    :                                 Area planted
        State       :-------------------------------------------------------------------------------
                    :       2022        :       2023        :      2024 1/      :    Percent of
                    :                   :                   :                   :   previous year
----------------------------------------------------------------------------------------------------
                    :      ----------------- 1,000 acres -----------------             percent
                    :
Alabama ............:        165.0               175.0               180.0               103
Arkansas ...........:         33.0                35.0                35.0               100
Florida ............:        152.0               160.0               170.0               106
Georgia ............:        685.0               775.0               820.0               106
Mississippi ........:         15.0                18.0                20.0               111
Missouri 2/ ........:         (NA)                (NA)                22.0               (X)
New Mexico 3/ ......:          6.5                11.0                (NA)               (X)
North Carolina .....:        117.0               124.0               120.0                97
Oklahoma ...........:         18.0                16.0                15.0                94
South Carolina .....:         71.0                77.0                85.0               110
Texas ..............:        157.0               225.0               160.0                71
Virginia ...........:         29.0                29.0                24.0                83
                    :
United States ......:      1,448.5             1,645.0             1,651.0               100
----------------------------------------------------------------------------------------------------
(NA) Not available.
(X)  Not applicable.
1/   Intended plantings in 2024 as indicated by reports from farmers.
2/   Estimates began in 2024.
3/   Estimates discontinued in 2024.

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