Institution:North Carolina State University
Project Fiscal Year:2017
Report Received Date:
Project NPB Budget:$47,178
This is the project from which five of our last six cultivar releases came: Bailey in 2008, Sugg in 2009, and high-oleic cultivars Sullivan and Wynne in the spring of 2013 and Bailey II in 2017. Foundation seed of Bailey II was grown in 2017, 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, it will not be widely available until the spring of 2020. 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 2016 certified seed production figures as estimates of cultivar use in 2017, North Carolina releases were grown on 72% of peanut acreage in North Carolina and 76% of acreage in the VC area. 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.