Institution:North Carolina State University
Project Fiscal Year:2014
Report Received Date:
Project NPB Budget:$21,617
This is the project from which our last four cultivar releases came: Bailey in 2008, Sugg in 2009, and the last two releases, high-oleic cultivars Sullivan and Wynne in the spring of 2013. Foundation seed of those two releases was grown in 2013, but because there is a lag in availability of seed following release, necessary to allow for multiplication of seed to a commercial scale in the North Carolina seed chain, they will not be widely available until the spring of 2016. The Bailey and Sugg cultivars were released in 2008 and 2009, and the 2012 season was the first in which that seed became widely available to growers. Using the 2012 certified seed production figures as estimates of cultivar use in 2013, North Carolina releases were grown on 82% of peanut acreage in North Carolina and 71 % of acreage in the VC area. Approximately 72% of the acreage in-state and 61 % region-wide were in Bailey and Sugg. An estimate of the difference in crop value achieved by the new releases, using value-per-acre figures at the loan rate taken from the PVQE program, is $10 million region-wide. Such estimation requires a lot of assumptions, but even if the estimate is inflated twofold, the improvement would still be $5 million in a single year.