Peanut Profitability

first_imgFixed costs also were higher among this year’s winners, says the economist, but high yields helped to compensate for the difference. “If you look at these growers’ production records, you’ll see that they’re consistently high-yield producers, most every year. We’re talking about a minimum of 4,800 to 5,000 pounds per acre.” “And we’re not talking about small plots here. The Peanut Profitability Program judges a grower’s efficiency over his entire farming operation. It’s easy to make a high yield on a small plot, but the challenge comes in duplicating that success over your entire acreage while maintaining cost efficiency,” notes Lamb.Rotation is another common trait among this year’s winners, he adds. “Not one of these growers had a crop rotation of fewer than three years. Crop rotation of one of the basic but primary components of efficient peanut production, and these growers recognize this,” he says.The awards program, established by Farm Press in cooperation with the Southern Peanut Growers Conference, is sponsored this year by BASF Corporation. The survivors, representing one of the three major U.S. peanut production regions – the Southwest Regions, the Southeast Region and Virginia-Carolina Region, were presented the award during the 4th annual Southern Peanut Growers Conference held recently in Panama City Beach, Fla. “The 2002 Peanut Profitability winners are to be commended for their strength and perseverance in the face of the worst conditions imaginable,” says Mike Gonitzke, publisher of the Farm Press Publications. “These growers are setting the standard for production efficiency by continuing to discover innovative methods of improving bottom-line profits.” Looking at the winners“This year’s Peanut Profitability winners were excellent yield and cost managers – they all had outstanding yields,” says Marshall Lamb, economist with the National Peanut Research Laboratory in Dawson, Ga. “While their cost of production might have been higher than last year’s class of winners, their yields were so good that they lowered their cost-per-unit. These growers didn’t mind spending money if they could see a return in yields.”center_img -30-The Southern Peanut Farmers Federation, formed in 1998, is an alliance between the Alabama Peanut Producers Association, Florida Peanut Producers Association and the Georgia Peanut Commission. The winners include: Southeast Region-Jerry Heard, Jr. and Jeff Heard, Newton, Ga.; Southwest Region-Chuck Rowland, Gaines County, Texas and Virginia-Carolina Region-Jamie Lee, Courtland, Va.last_img

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