The National Agricultural Statistics Service has released planting intentions for the 2015 crop year which indicates peanut producers intend to plant 1.48 million acres in 2015, up 9 percent from the previous year. The expected increase in planted area is mainly due to relatively low prices of other crops, especially cotton.
In Alabama, the second largest peanut growing area in the United States, there is expected to be 185,000 acres planted this year, up 106 percent from last year’s 175,000 acres. Georgia is expected to be up 20 percent from 2014 with 720,000 acres. Florida is projected to plant a total of 160,000 acres which is 9 percent less than planted in 2014.
Corn growers intend to plant 89.2 million acres, down 2% from last year, the 3th consecutive
year of a average decline and would be the lowest planted acreage planted since 2010.
Cotton farmers intend to plant 9.55 million acres, 13 percent below last year.
Soybean acreage is estimated at a record high of 84.6 million acres, up 1% from last year.
Wheat is estimated at 55.4 million acres, down 3 percent from 2014.