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USDA Peanut Prices

27 December 2013

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

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 5 Percent from Last Year

Peanut Stocks in Commercial Storage Totaled 4.62 Billion Pounds

Peanut stocks reported in commercial storage on November 30, 2013 totaled 4.62 billion pounds of equivalent farmer stock, compared with 5.76 billion pounds a year ago. This total includes 3.78 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 794 million pounds of farmer stock equivalent. Roasting stock totaled 54.2 million pounds.

Shelled peanut stocks totaled 597 million pounds of which 564 million pounds were edible grades and 32.9 million pounds were oil stocks. Edible grade stocks by type included 57.5 million pounds of Virginias and Valencias, 480 million pounds of Runners, and 26.8 million pounds of Spanish.

Millings in November totaled 332 million pounds. Millings by type were 52.2 million pounds of Virginias and Valencias, 266 million pounds of Runners, and 14.5 million pounds of Spanish.

Commercial processors utilized 172 million pounds of shelled edible grade peanuts during November. Utilization by type was 106 million pounds for all peanut butter products and 35.2 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 39.5 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 3.79 million pounds of peanut butter and 25,920 pounds of roasted peanuts during November.

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

Stocks estimates refer to November 30, 2013. All other data are for the month of November.

Published by USDA National Agricultural Statistics Service (NASS)

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