U.S. peanut farmers produced nearly 6.8 billion pounds of peanuts in 2012. Of the four peanut types grown commercially in the U.S., the runner type makes up 80 percent of the country’s planted acreage. It is used primarily for peanut butter which can be found in 75 percent of American households. AgAmerica’s customized approach to peanut farm financing can strengthen your operation and help keep our pantries stocked.
Peanut Industry Overview
U.S. production of peanuts jumped to 6.7 billion pounds in 2012.
According to USDA’s Foreign Agricultural Service (FAS), the United States is ranked third in terms of world production of peanuts.
Peanut production is concentrated in three major geographic areas of the United States: the Southeast, the Southwest, and Virginia and North Carolina. Georgia remained the leading peanut-producing state by far.
Fourth Generation Farm Family Prepares for the Future
The solution: This farm family’s local ancestry goes back to the 1850’s. As fourth generation row crop farmers, they have grown corn, peanuts, watermelons, hay, and tobacco. The family’s two sons work the farm full-time and will succeed their parents …