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USDA Peanut Prices

29 August 2014

USDA Peanut Stocks and Processing - 29 August 2014USDA Peanut Stocks and Processing - 29 August 2014

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 2 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 1.86 Billion Pounds

Peanut stocks reported in commercial storage on July 31, 2014 totaled 1.86 billion pounds of equivalent farmer stock, compared with 2.77 billion pounds a year ago. This total includes 1.06 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 725 million pounds of farmer stock equivalent. Roasting stock totaled 73.2 million pounds.

Shelled peanut stocks totaled 545 million pounds of which 520 million pounds were edible grades and 25.4 million pounds were oil stocks. Edible grade stocks by type included 61.8 million pounds of Virginias and Valencias, 430 million pounds of Runners, and 28.4 million pounds of Spanish.

Millings in July totaled 394 million pounds. Millings by type were 87.1 million pounds of Virginias and Valencias, 305 million pounds of Runners, and 1.87 million pounds of Spanish.

Commercial processors utilized 184 million pounds of shelled edible grade peanuts during July. Utilization by type was 112 million pounds for all peanut butter products, 30.9 million pounds for peanut candy, and 38.4 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 33.4 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2.85 million pounds of peanut butter and 77,760 pounds of roasted peanuts during July.

Stocks of treated seed on hand July 31, 2014 totaled 3.27 million pounds, compared with 12.0 million pounds on June 30, 2014. Of the July total, 1.62 million pounds were Runners. June stocks of treated seed included 5.55 million pounds of Virginias and Valencias, 5.97 million pounds of Runners, and 457 thousand pounds of Spanish.

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

Published by USDA National Agricultural Statistics Service (NASS)

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