STAT Communications Ag Market News

14% Bigger Peanut Harvest

WASHINGTON - Aug 12/24 - SNS -- Peanut production is forecast at 6.79 billion pounds, up 14% from 2023 in comparable states, according to the latest USDA crop production report.

Based on conditions as of August 1, the average yield for the United States is forecast at 3,890 pounds per acre, up 123 pounds per acre from 2023 in comparable states. A record high yield is expected in North Carolina.

Acreage updates were made based on a thorough review of all available data. Total planted area, at 1.80 million acres, is up 2% from the previous estimate and up 9% from 2023 in comparable states. Area harvested is expected to total 1.74 million acres, up 2% from the previous forecast and up 10% from 2023 in comparable states. Record high harvested acres are expected in Arkansas.


Peanut Area Planted and Harvested - States and United States: 2023 and 2024
[Includes updates to planted and harvested area previously published]
------------------------------------------------------------------------------------------
                  :           Area planted            :          Area harvested
       State      :-----------------------------------------------------------------------
                  :      2023       :      2024       :      2023       :     2024 1/
------------------------------------------------------------------------------------------
                  :                              1,000 acres
                  :
Alabama ..........:       175.0             190.0             171.0             186.0
Arkansas .........:        35.0              45.0              34.0              44.0
Florida ..........:       160.0             170.0             152.0             161.0
Georgia ..........:       775.0             850.0             770.0             845.0
Mississippi ......:        18.0              26.0              16.0              25.0
Missouri 2/ ......:        (NA)              23.0              (NA)              22.0
New Mexico 3/ ....:        11.0              (NA)              10.0              (NA)
North Carolina ...:       124.0             130.0             123.0             129.0
Oklahoma .........:        16.0              18.0              15.0              17.0
South Carolina ...:        77.0              83.0              74.0              80.0
Texas ............:       225.0             235.0             180.0             205.0
Virginia .........:        29.0              30.0              29.0              30.0
                  :
United States ....:     1,645.0           1,800.0           1,574.0           1,744.0
------------------------------------------------------------------------------------------
(NA) Not available.
1/   Forecasted.
2/   Estimates began in 2024.
3/   Estimates discontinued in 2024.
Peanut Area Harvested, Yield, and Production - States and United States: 2023 and Forecasted
August 1, 2024
-----------------------------------------------------------------------------------------------
                 :     Area harvested      :     Yield per acre      :       Production
      State      :-----------------------------------------------------------------------------
                 :    2023    :    2024    :    2023    :    2024    :    2023    :    2024
-----------------------------------------------------------------------------------------------
                 :  ---- 1,000 acres ---       ----- pounds -----      ---- 1,000 pounds ----
                 :
Alabama .........:    171.0        186.0       2,810        3,300        480,510      613,800
Arkansas ........:     34.0         44.0       5,800        5,300        197,200      233,200
Florida .........:    152.0        161.0       3,320        3,700        504,640      595,700
Georgia .........:    770.0        845.0       4,070        4,100      3,133,900    3,464,500
Mississippi .....:     16.0         25.0       3,600        3,800         57,600       95,000
Missouri 1/ .....:     (NA)         22.0        (NA)        5,000           (NA)      110,000
New Mexico 2/ ...:     10.0         (NA)       2,100         (NA)         21,000         (NA)
North Carolina ..:    123.0        129.0       4,300        4,400        528,900      567,600
Oklahoma ........:     15.0         17.0       3,900        4,100         58,500       69,700
South Carolina ..:     74.0         80.0       4,050        4,000        299,700      320,000
Texas ...........:    180.0        205.0       2,600        2,800        468,000      574,000
Virginia ........:     29.0         30.0       4,830        4,700        140,070      141,000
                 :
United States ...:  1,574.0      1,744.0       3,742        3,890      5,890,020    6,784,500
-----------------------------------------------------------------------------------------------
(NA) Not available.
1/   Estimates began in 2024.
2/   Estimates discontinued in 2024.

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.