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Peanut
production is forecast at a record high 5.14 billion pounds, up 21 percent
from last year’s crop and up 24 percent from 2003. Area for harvest is
expected to total 1.61 million acres, unchanged from June but up 16
percent from 2004. Yields are expected to average a record high 3,190
pounds per acre, 133 pounds per acre above last year. Planted acres, at
1.65 million, are unchanged from the June estimate but 15 percent above
2004.
Production
in the Southeast States (Alabama, Florida, Georgia, and South Carolina) is
expected to total 3.73 billion pounds, up 30 percent from last year’s
level. Yields in the four-State area are expected to average 3,065 per
acre, 119 pounds above 2004. Expected area for harvest, at 1.22 million
acres, is unchanged from June but up 25 percent from 2004. As of July 31,
peanuts pegging in Alabama, at 57 percent, and Florida, at 99 percent,
exceeded the 5-year averages by 26 percentage points and 9 percentage
points, respectively. In Georgia, peanuts pegging, at 94 percent, lagged
the 5-year average by 1 percentage point.
Virginia-North
Carolina production is forecast at 358 million pounds, down 22 percent
from 2004. Yield is forecast at 3,193 pounds per acre, down 172 pounds
from the previous year. Area for harvest is expected to total 112,000
acres, unchanged from June but down 18 percent from 2004. As of July 31,
eighty-six percent of the crop was pegging in Virginia and North Carolina,
with Virginia exceeding their 5-year average by 8 percentage points but
North Carolina lagging 9 points behind.
Southwest
peanut production (New Mexico, Oklahoma, and Texas) is expected to total
1.06million pounds, up 13 percent from 2004. Yields are expected to
average 3,723 |
