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USDA Peanut Prices

30 April 2014

USDA Peanut Stocks And Pricing - 30 April 2014USDA Peanut Stocks And Pricing - 30 April 2014

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 4 Percent from Last Year

 Peanut Stocks in Commercial Storage Totaled 3.51 Billion Pounds

Peanut stocks reported in commercial storage on March 31, 2014 totaled 3.51 billion pounds of equivalent farmer stock, compared with 4.38 billion pounds a year ago. This total includes 2.62 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 832 million pounds of farmer stock equivalent. Roasting stock totaled 58.6 million pounds.

Shelled peanut stocks totaled 625 million pounds of which 592 million pounds were edible grades and 33.6 million pounds were oil stocks. Edible grade stocks by type included 63.1 million pounds of Virginias and Valencias, 493 million pounds of Runners, and 35.3 million pounds of Spanish.

Millings in March totaled 451 million pounds. Millings by type were 75.4 million pounds of Virginias and Valencias, 363 million pounds of Runners, and 13.0 million pounds of Spanish.

Commercial processors utilized 188 million pounds of shelled edible grade peanuts during March. Utilization by type was 115 million pounds for all peanut butter products, 31.4 million pounds for peanut candy, and 38.6 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 42.6 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1.52 million pounds of peanut butter during March.

Stocks of treated seed on hand March 31, 2014 totaled 30.5 million pounds, compared with 4.02 million pounds on February 28, 2014. Of the March total, 11.3 million pounds were Virginias and Valencias, 18.5 million pounds were Runners, and 733,000 pounds were Spanish. February stocks of treated seed included 425,000 pounds of Spanish.

Stocks estimates refer to March 31, 2014. All other data are for the month of March.

Published by USDA National Agricultural Statistics Service (NASS)

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