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USDA Peanut Prices

27 March 2014

USDA Peanut Stocks and Processing - 27 March 2014USDA Peanut Stocks and Processing - 27 March 2014

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 3 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 3.92 Billion Pounds

Peanut stocks reported in commercial storage on February 28, 2014 totaled 3.92 billion pounds of equivalent farmer stock, compared with 4.79 billion pounds a year ago. This total includes 3.05 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 816 million pounds of farmer stock equivalent. Roasting stock totaled 56.5 million pounds.

Shelled peanut stocks totaled 613 million pounds of which 578 million pounds were edible grades and 35.1 million pounds were oil stocks. Edible grade stocks by type included 62.5 million pounds of Virginias and Valencias, 487 million pounds of Runners, and 28.7 million pounds of Spanish. Millings in February totaled 432 million pounds.

Millings by type were 59.1 million pounds of Virginias and Valencias, 372 million pounds of Runners, and 778,000 pounds of Spanish.

Commercial processors utilized 161 million pounds of shelled edible grade peanuts during February. Utilization by type was 92.5 million pounds for all peanut butter products, 32.0 million pounds for peanut candy, and 35.1 million pounds for peanut snacks.Crushing for oil and cake and meal totaled 39.0 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1.93 million pounds of peanut butter and 25,920 pounds of roasted peanuts during February.

Stocks of treated seed on hand February 28, 2014 totaled 4.02 million pounds, compared with 2.18 million pounds on January 31, 2014. Of the February total, 425,000 pounds were Spanish. January stocks of treated seed included 425,000 pounds of Spanish.

Stocks estimates refer to February 28, 2014. All other data are for the month of February.

Published by USDA National Agricultural Statistics Service (NASS)

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