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Peanut output up

This article was originally published in The Public Ledger

THE USDA has forecast US 2008 peanut production to reach 4.93bn pounds (2.46m short tons), up 3% from last month's estimate and 34% higher than last year.Yields are set to average 3,298 pounds per acre, up 110 pounds from last month and 222 pounds ahead of 2007. If realised, this would be a record high yield for the US.


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