STAT Communications Ag Market News

Peanut Yields Suffer

WASHINGTON - Oct 11/24 -SNS -- Peanut production is forecast at 6.44 billion pounds in 2024, down 4% from the previous forecast but up 8% from 2023 in comparable States, according to the USDA.

Area harvested is expected to total 1.75 million acres, unchanged from the previous forecast but up 12% from 2023 in comparable States.

Based on conditions as of October 1, the average yield for the United States is forecast at 3,683 pounds per acre, down 153 pounds per acre from the previous forecast and down 119 pounds per acre from 2023 in comparable States.

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


Peanut Area Planted and Harvested, Yield, and Production - States and
United States: 2023 and Forecasted October 1, 2024
--------------------------------------------------------------------------------
                :         Area planted          :        Area harvested
      State     :---------------------------------------------------------------
                :     2023      :     2024      :     2023      :     2024
--------------------------------------------------------------------------------
                :                          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           769.0           845.0
Mississippi ....:       18.0            26.0            16.0            25.0
Missouri 1/ ....:       (NA)            23.0            (NA)            22.0
New Mexico 2/ ..:       11.0            (NA)             9.0            (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           240.0           165.0           210.0
Virginia .......:       29.0            30.0            29.0            30.0
                :
United States ..:    1,645.0         1,805.0         1,557.0         1,749.0
--------------------------------------------------------------------------------
                :           Yield per acre            :       Production
      State     :---------------------------------------------------------------
                :           :          2024           :            :
                :   2023    :-------------------------:    2023    :    2024
                :           :September 1 : October 1  :            :
--------------------------------------------------------------------------------
                :   ----------- pounds -----------      ---- 1,000 pounds ----
                :
Alabama ........:   2,760       3,100        3,300        471,960      613,800
Arkansas .......:   5,800       5,300        5,300        197,200      233,200
Florida ........:   3,440       3,900        3,700        522,880      595,700
Georgia ........:   4,080       4,100        3,800      3,137,520    3,211,000
Mississippi ....:   3,600       3,800        3,800         57,600       95,000
Missouri 1/ ....:    (NA)       5,000        5,000           (NA)      110,000
New Mexico 2/ ..:   2,000        (NA)         (NA)         18,000         (NA)
North Carolina .:   4,200       4,100        4,200        516,600      541,800
Oklahoma .......:   3,880       4,100        3,700         58,200       62,900
South Carolina .:   4,050       4,000        3,900        299,700      312,000
Texas ..........:   2,780       2,600        2,500        458,700      525,000
Virginia .......:   4,800       4,600        4,700        139,200      141,000
                :
United States ..:   3,775       3,836        3,683      5,877,560    6,441,400
--------------------------------------------------------------------------------
(NA) Not available.
1/   Estimates began in 2024.
2/   Estimates discontinued in 2024.

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