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USDA Peanut Prices

27 November 2013

USDA Peanut Stocks and Processing - 27 November 2013USDA Peanut Stocks and Processing - 27 November 2013

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 3 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 3.76 Billion Pounds.

Peanut stocks reported in commercial storage on October 31, 2013 totaled 3.76 billion pounds of equivalent farmer stock, compared with 5.05 billion pounds a year ago. This total includes 2.89 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 805 million pounds of farmer stock equivalent. Roasting stock totaled 62.2 million pounds.

Shelled peanut stocks totaled 605 million pounds of which 569 million pounds were edible grades and 36.5 million pounds were oil stocks. Edible grade stocks by type included 59.3 million pounds of Virginias and Valencias, 491 million pounds of Runners, and 18.2 million pounds of Spanish.

Millings in October totaled 432 million pounds. Millings by type were 39.3 million pounds of Virginias and Valencias, 383 million pounds of Runners, and 9.98 million pounds of Spanish.

Commercial processors utilized 185 million pounds of shelled edible grade peanuts during October. Utilization by type was 115 million pounds for all peanut butter products, 33.2 million pounds for peanut candy, and 33.4 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 47.2 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 3.91 million pounds of peanut butter and 51,840 pounds of roasted peanuts during October.

Stocks of treated seed on hand October 31, 2013 totaled 1,577,000 pounds, compared with 1,707,000 pounds on September 30, 2013. Of the October total, 229,000 pounds were Virginias and Valencias. September stocks of treated seed included 283,000 pounds of Virginias and Valencias.

Stocks estimates refer to October 31, 2013. All other data are for the month of October.

Published by USDA National Agricultural Statistics Service (NASS)

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