TITLE

Shifts in U.S. peanut acreage boost crop in Southeast

AUTHOR(S)
Hollis, Paul
PUB. DATE
October 2004
SOURCE
Southeast Farm Press;10/6/2004, Vol. 31 Issue 23, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The article presents the author's comments on peanut plants hugging the ground where cotton stalks once stood tall. Six of the eight largest peanut-growing states either have seen a dramatic increase or a decrease in the acreage devoted to the crop since the U.S. Congress scrapped the peanut quota system as part of the 2002 farm bill. The bill compensated growers for giving up their quotas. The result was that many long-time peanut farmers got out of the business and many new ones got into it. On a national level, peanut acreage is down 8 percent in 2004 compared to the three-year average before the farm bill. However, the trend has been positive. Acreage is up 5.6 percent since 2003 and 4.2 percent since 2002.
ACCESSION #
14791942

 

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