Georgia peanut acreage declines - WALB.com, Albany News, Weather, Sports

Georgia peanut acreage declines

Posted: Updated:
ATHENS, Ga. (AP) - A report by the University of Georgia says peanut acreage in the state has dropped to the lowest in three decades, but prices have risen.

A survey by the U.S. Department of Agriculture reported that farmers planted 480,000 acres of peanuts this spring. Georgia's peanut acreage has only fallen below 500,000 acres twice in the last 30 years, the last time being 2000.

The university's report says peanut acres are down nationally, with 10.5% fewer acres planted than last year.

The Georgia Agricultural Statistics Service says more than 20% of the peanuts in Georgia are rated as poor to very poor.

The UGA report said last year's crop coming out of storage is selling for $750 a ton. The price earlier this year was $600 a ton.

 

Information from: Columbus Ledger-Enquirer, http://ledger-enquirer.com

 

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.