Price: €11.00
Member Price: €0.00

Peanuts: US crop estimates corrected downwards

November 11, 2020 at 3:13 PM , Der AUDITOR
Play report as audio

ATLANTA. As expected, the crop forecast for the US peanut crop was revised downwards in the November report of the USDA.

USDA expects more than 3 million mt

compared to the October report, the US Department of Agriculture has reduced its forecast for this year's peanut production by 1% to 3.013 million mt. Nevertheless, the result is expected to increase by almost 22% year-on-year. By 1 November, peanut farmers had harvested about two thirds of the US acreage, 16 percentage points less than last year at this time or 10 percentage points below the 5-year average. A total of 657,000 ha is to be harvested, the average yield is estimated at 4.59 mt/ha. Last year 562,000 ha were harve

Categories:

View related articles

Go to the News Overview
Nuts
Jun 30, 2025
NEW DELHI. Farmers in India are keen to purchase high-quality seeds to sow peanuts. Edible oil is trading lower. Yields have risen sharply in the state of Uttar Pradesh.
Oilseeds
Jun 26, 2025
NEW DELHI. Results for the recent tender were rather surprising. Yet, the tender has little impact for sesame seeds in India. China is encouraging trade with Africa. US imports show diverse developments.
Nuts
Jun 26, 2025
ORDU. Bids did not live up to the TMO’s expectations in last week’s tender for hazelnuts. Wide price gaps prevail. Good news concerning the 2025 crop has emerged in the orchards. Economic indicators are somewhat promising for Turkey.
Oilseeds
Jun 25, 2025
SOFIA/BRUSSELS. July and August will prove decisive in the EU. Farmers are switching to sunflower seeds in Russia. EU imports are down on last year.