In order to investigate the effects of early shelling peanut on seed germination rate, emergence rate and yield, NH5, NH13 and HY22 were used as experimental materials to perform the effects on seed germination rate,emergence rate and yield on different shelling time in Shenyang Agricultural University（2017～2018）. The results showed that the water content of seeds in different treatments was low. For example, in 2017, the water content of seeds in T1 treatment varied from 4.25% to 4.29%, and that in T3 treatment varied from 3.52% to 3.59%. However,the water content of seeds in different treatments of the same variety in the same year did not reach a significant level. Shelling at different time had no significant effect on germination potential, germination rate, germination index and vigor index of peanut, and had no significant effect on emergence rate, yield components and yield.Therefore, in Liaoning Province, no matter how many months of shelling, it does not affect the germination rate, emergence rate and yield of peanut, which proves that peanut can be shelled after the Spring Festival in Liaoning Province, which can avoid the problem of manpower and machinery shortage caused by centralized shelling before sowing.