2011 Peanut Crop Estimate (November 1)
Thursday, November 10th, 2011
Peanut production is now forecast at 3.65 billion pounds, (1,824,250 tons) up 1 percent from the October forecast but down 12 percent from last year. Area for harvest is expected to total 1.11 million acres, unchanged from October but 11 percent lower than 2010. Yields are expected to average 3,275 pounds per acre, up 19 pounds from October but down 37 pounds from last year.
As of October 30, seventy-three percent of the United States acreage was harvested, 4 points behind last year but 6 percentage points ahead of the 5-year average. Harvest lagged behind normal in North Carolina, South Carolina, and Virginia, where rainy weather during October delayed harvest activities. In Oklahoma, where harvest began late due to the extreme drought conditions, harvest progress, at 49 percent, was 9 points behind the 5-year average.
On The Farm