Mexico: Per year, Michoacán produces 1,525 tons of peanuts

Published Dec 11, 2020

Tridge summary

Michoacán, a Mexican state, is a significant producer of peanuts, contributing 1,525 tons annually to the country's total production of 91,109 tons. Over the past five years, the state has seen an 81% increase in the price of its peanuts. Wealthy families engaged in peanut farming number 282, spread across 14 municipalities, with a total cultivation area of 744 hectares. In the 2018-2019 agricultural cycle, these efforts resulted in a revenue of over 30 million 570 thousand pesos. Michoacán ranks 9th nationally in peanut production, a crop that is highly valued for its versatity in the food industry, whether used in savory snacks or sweets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

CHANGE OF MICHOACÁN. Morelia, Michoacán.- The state of Michoacán produces 1,525 tons of peanuts annually, a characteristic fruit of the Christmas season. According to data from the Agricultural and Fisheries Information System (SIAP), the price of peanuts produced in Michoacán grew 81 percent in the last 5 years. In Michoacán, there are 282 families of agricultural producers who are dedicated to the cultivation of peanuts, with 14 municipalities that cultivate peanuts; Huetamo, La Huacana, Nocupétaro, Coahuayana and Arteaga are the most prominent, reports the Secretariat for Rural and Agri-food Development (Sedrua). Michoacan peanut producers have a cultivated area of 744 hectares and in the last agricultural cycle computed (2018-2019) they obtained income that in sum reached almost 30 million 570 thousand pesos. At the national level, 91,109 tons were produced and annual revenues of 1,131.4 million pesos were obtained. ...

Source: Inforural