Many peanut producers across the Southeast are still trying to decide how many acres of peanuts they want to plant this year. Tyron Spearman looks at some of the latest contract numbers that are being offered to help in that decision-making process.
Lower Cotton Price Putting Pressure on Acreage for Peanuts
The hope of higher prices for cotton disappeared due to the coronavirus, thus the lack of cotton competition as a rotation crop means no competition for land for peanut acreage. And according to a story from Tyron Spearman, this also means no aggressive contracting of 2020 crop peanuts.
Looking at Actual Peanut Acreage
USDA’s Farm Service Agency (FSA) recently updated the 2019 peanut acres reported by farmers as of August 1, 2019. According to Tyron Spearman, acreage this year is still expected to be down 3% compared to last year.
USDA Updates Estimated Peanut Acreage
In a new report released Monday, the U.S. Department of Agriculture’s National Agricultural Statistics Service updated the estimated peanut acreage in the United States. Tyron Spearman runs through the new numbers.
U.S. Peanut Acreage Down 4 Percent
The United States Department of Agriculture’s National Agricultural Statistics Service released its 2019 planted acreage reports today. According to Tyron Spearman, peanut acreage in the United States is down 4 percent from last year.
Possible Reduction in Peanut Acreage Next Year
With some noting fewer peanuts will be needed, Tyron Spearman reports there could be a reduction in peanut acreage next year. Reduction could vary depending on other factors.
New States Contribute to Peanut Acreage Numbers
Updated peanut acreage numbers for the 2017 crop have been released, and according to Tyron Spearman, some new states have contributed to the total acreage numbers this year.
USDA Comments on Peanut Estimate
Looking at all of the numbers, USDA is noting high acreage and yields could push the U.S. peanut crop to an all-time high production figure. Tyron Spearman has the story.
Estimated 30 Percent Rise in U.S. Peanut Production
USDA’s National Agriculture Statistics Service (NASS) released their August crop reports today, and according to a report from Tyron Spearman, peanut acreage in the U.S. will be up over 30% from last year.
Peanut Supplies May Surge
Peanut acreage this year ended up being more than what the March intentions had predicted. And according to Tyron Spearman, if we see an increase in harvested acreage, peanut supplies may surge.
- Page 1 of 2
- 1
- 2