Weekly Product Updates

W31: Peanut Update

Peanut Kernel
Published Aug 8, 2023

In W31 in the peanut landscape, Indian peanut cultivation in the state of Andhra Pradesh has been on the decline over the past few years, despite increasing demand for oilseed crops. Previously cultivated in 10.13 thousand hectares (ha) during 2016/17, the area devoted to peanuts has progressively decreased to 6.6 thousand ha in 2019/20. Although it briefly rebounded to 8.25 thousand ha in 2021/22, most farmers remain reluctant to return to peanut cultivation.

In 2023, sowing operations reflect a stern scenario, with only 75% of the targeted 7.30 thousand ha sown up to W31. The decline is due erratic rains, particularly in rainshadow areas like Anantapur, a peanut cultivation region. Yield and production have also suffered, dropping from 3083 kilogram (kg)/ha in 2016/17 to 625 kg/ha in 2021/22. Farmers are cautious due to concerns over weather conditions and potential losses, which has led to a shift towards other commercial crops. High initial investments and unpredictable rainfall patterns have contributed to the declining interest in peanut cultivation.

On the other hand, the Department of Trade and Industry of the Philippines (DTI) and the 66th Infantry Battalion of the Philippine Army conducted a training session for members of the Sanghay United Farmers Association (SUFA) on roasted peanut production. The training, held on July 8 in Mati City, Davao Oriental, focused on imparting techniques and technologies to achieve high-quality roasted peanuts.

Peanut industry leaders of the United States (US), including members of the National Peanut Buying Points Association, have actively advocated for support for peanut farmers in the forthcoming 94th Farm Bill due to increasing production costs and the need for enhanced protection. These efforts involve seeking increased peanut reference prices and adjusting the existing peanut program to assist emerging farmers. Lastly, to support the economy of Angostura producers, the Secretary of Agriculture and Livestock of the State of Sinaloa, Mexico, delivered 12.75 thousand kilograms (kg) of peanut seeds to seasonal workers in the municipality. This delivery is part of the Support Program for Seed Purchases for Seasonal Workers for the fiscal year 2023. 

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.