Lower Peanut Acres Could Tighten 2026 Crop Supplies

USDA estimates peanut plantings fell 22 percent from last year as stronger competing crop prices influenced acreage decisions.

LUBBOCK, Texas (RFD News) — U.S. peanut acreage is down sharply in 2026, and that could help reduce large supplies left from last year’s record crop.

Wendiam Sawadgo, an assistant agricultural professor at Auburn University, says the USDA estimates that producers planted 1.53 million acres of peanuts this year. That is down 22 percent from 2025 and 146,000 acres below the March Prospective Plantings estimate.

Sawadgo notes stronger competing crop prices likely influenced planting decisions. Cotton futures rose during the southern planting season, offering some producers an alternative to peanuts.

Every major peanut-producing state planted the same or fewer acres than last year. Texas posted the largest decline, down 105,000 acres, while Georgia fell 70,000 acres to 720,000.

Lower acreage could reduce 2026 production to about 2.87 million tons, assuming normal harvest rates and yields. That would be down 20 percent from last year and could support prices after a weaker 2025 crop year.

Farm-Level Takeaway: Lower peanut acreage may help trim stocks and improve price support for producers.
Tony St. James, RFD News Markets Specialist

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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