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PEANUT MARKETING NEWS – January 14, 2020 – Tyron Spearman, Editor (5)

U.S. 2019 PEANUT CROP ANNUAL ESTIMATE –USDA has released the Final Peanut Crop Estimate for 2019.
Peanuts: Area Harvested, Yield and Production by State and United States, 2017-2019, Annual
Area Harvested Yield Production
State 2017 2018 2019 2017 2018 2019 2017 2018 2019
1,000 Acres Pounds/Acre Tons
Alabama 193.0 161.0 158.0 3,650 3,550 3,350 352,225 285,775 264,650
Arkansas 29.0 23.0 33.0 5,300 4,900 5,200 76,850 56,350 85,800
Florida 185.0 143.0 155.0 3,450 3,950 3,800 319,125 282,425 294,500
Georgia 825.0 655.0 660.0 4,330 4,390 4,200 1,786,125 1,437,725 1,386,000
Mississippi 43.0 24.0 19.0 4,000 3,900 4,000 86,000 46,800 38,000
N. Mexico 7.6 5.5 4.7 3,500 2,850 3,210 13,300 7,837.5 7,543.5
N. Carolina 117.0 98.0 102.0 3,100 3,870 4,350 239,850 189,260 221,850
Oklahoma 21.0 15.0 14.0 3,780 3,070 4,100 39,690 23,025 28,700
S. Carolina 118.0 80.0 62.0 4,000 3,400 3,800 236,000 139,000 117,800
Texas 210.0 145.0 160.0 3,320 3,200 3,100 348,600 232,000 248,000
Virginia 27.0 24.0 24.0 4,440 4,200 4,600 59,940 50,400 55,200
US TOTAL 1,775.6 1,373.5 1,391.7 4,007 4,001 3,949 3,557,705 2,747,967.5 2,748,043.5
U.S. PEANUT PRODUCTION- 2019 - Production was estimated at 5.50 billion pounds,(2,748,043 tons) up slightly from 2018.
Planted area was estimated at 1.43 million acres, up less than 1 percent from 2018. Harvested area was estimated at 1.39 million acres,
up 1 percent from 2018. The average yield was estimated at 3,949 pounds per acre, down 52 pounds from 2018. Record high
production was estimated in Arkansas. Record high yields were estimated in North Carolina, Oklahoma, and Virginia.
CORN: Corn for grain production in the United States is estimated at 13.7 billion bushels, down 5% from 2018 . The average yield in
the United States is estimated at 168 bushels per acre. This is 8.4 bushels below 2018(176.4). Corn planted area, is 81.5 million
acres, is UP less than 1% from last year.
COTTON: Cotton production is estimated at 20.1 million 480-pound bales, UP 9% from 2018. The United States yield for Upland
cotton is estimated at 817 pounds per acre, DOWN 47 pounds from 2018. Harvested acres were 11.8 million acres, UP 16%
from last year.
NATIONAL POSTED PRICE SHELLED MKT PRICE MARKET LOAN WEEKLY PRICES
from USDA each Tuesday at 3 PM, USDA - 9 - Mo. loan Average prices (USDA)
Good til Next day at 12:01 am EST. insp. = Inspected Marketing by type
Week- Jan. 14, 2020 Date – Jan. 14, 2020 Farmer stock tons Date – 1-4-2019
$424.13 per ton/Runners Shelled Runners/ 2018 Crop 2019 Crop Runners - $.189- $378 t
$416.70 per ton/Spanish USDA Neg/Afla- Jum - $.58, Date 1-14-2020 1-14-2020 Spanish - none
Med- $.57, Splits - $.56 lb.
$430.94 per ton/Valencia If specs tighter, higher price Loans 2,339,947 2,287,722 Virginia – $.255- $510 T
$430.94 per ton/Virginia 1-15-19 Jum $.45,Med. $.44 Redeemed 2,339,892 187,690 Average - $.214- $428 t
Same as last week 1-15-18 Jum $.45 Med $.46 In Loan 55 2,100,032 Runners – 18,201,000 #
Estimate 2,730,800(F) 2,748,043 Virginia – 10,616,000 #
Inspected 2,744,494 t 2,736,876 Spanish – None
2019 U.S. Peanut Planted Acreage (Nov) Estimate – 1,391,700 acres - 1% increase over 2018 TOTAL – 28,817,000 #
2019 Crop USDA Estimate- 1,383,000 acres harvested X 3,949 lbs. ac = 2,748,043 tons DOWN – 0.8 c/lb
2019 Peanut Inspections: (1-14-2020) = 2,736,876 tons
Prices ReceivedJul 2019 Aug 2019 Sept 2019 Oct 2019 Nov 2019 Projected PLC
by Farmers $.206 $.205 $.198 $.204 $.192 Payment $.0525
$412 ton $410 ton $396 ton $408 ton $384 ton $105 per ton
NEWS FLASH - See you Thursday, January 16 at the Georgia Peanut Farm Show at the UGA Tifton Conference Center in Tifton, GA.

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