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USDA Peanut Prices


30 July 2014

USDA Peanut Stocks and Processing - 30 July 2014USDA Peanut Stocks and Processing - 30 July 2014


Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 2 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 2.30 Billion Pounds

Peanut stocks reported in commercial storage on June 30, 2014 totaled 2.30 billion pounds of equivalent farmer stock, compared with 3.20 billion pounds a year ago. This total includes 1.42 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 812 million pounds of farmer stock equivalent. Roasting stock totaled 67.9 million pounds.

Shelled peanut stocks totaled 610 million pounds of which 586 million pounds were edible grades and 24.5 million pounds were oil stocks. Edible grade stocks by type included 59.6 million pounds of Virginias and Valencias, 494 million pounds of Runners, and 31.9 million pounds of Spanish.

Millings in June totaled 409 million pounds. Millings by type were 70.7 million pounds of Virginias and Valencias, 329 million pounds of Runners, and 9.62 million pounds of Spanish.

Commercial processors utilized 187 million pounds of shelled edible grade peanuts during June. Utilization by type was 106 million pounds for all peanut butter products, 39.9 million pounds for peanut candy, and 38.2 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 41.6 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1.32 million pounds of peanut during June.

Stocks of treated seed on hand June 30, 2014 totaled 12.0 million pounds, compared with 21.7 million pounds on May 31, 2014. Of the June total, 5.55 million pounds were Virginias and Valencias, 5.97 million pounds were Runners, and 457 thousand pounds were Spanish. May stocks of treated seed included 7.72 million pounds of Virginias and Valencias, 13.5 million pounds of Runners, and 492 thousand pounds of Spanish. Stocks estimates refer to June 30, 2014.

 

Published by USDA National Agricultural Statistics Service (NASS)

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