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USDA Peanut Prices

29 October 2014

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

Peanut Prices

Shelled Edible Grade Season to Date Utilization Up 6 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 1.20 Billion Pounds

Peanut stocks reported in commercial storage on September 30, 2014 totaled 1.20 billion pounds of equivalent farmer stock, compared with 2.17 billion pounds a year ago. This total includes 449 million pounds of actual farmer stock.

Shelled peanuts on hand totaled 699 million pounds of farmer stock equivalent. Roasting stock totaled 54.6 million pounds.

Shelled peanut stocks totaled 525 million pounds of which 509 million pounds were edible grades and 16.3 million pounds were oil stocks. Edible grade stocks by type included 72.4 million pounds of Virginias and Valencias, 416 million pounds of Runners, and 21.0 million pounds of Spanish.

Millings in September totaled 412 million pounds. Millings by type were 67.3 million pounds of Virginias and Valencias, 343 million pounds of Runners, and 1.79 million pounds of Spanish.

Commercial processors utilized 184 million pounds of shelled edible grade peanuts during September. Utilization by type was 114 million pounds for all peanut butter products, 30.9 million pounds for peanut candy, and 36.4 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 47.1 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2.50 million pounds of peanut butter and 34,560 pounds of roasted peanuts during September.

Stocks of treated seed on hand September 30, 2014 totaled 184,000 pounds, compared with 376,000 pounds on August 31, 2014. Of the September total, 48,000 pounds were Runners. August stocks of treated seed included 112,000 pounds of Virginias and Valencias, 238,000 pounds of Runners, and 26,000 pounds of Spanish.

Stocks estimates refer to September 30, 2014. All other data are for the month of September.

Published by USDA National Agricultural Statistics Service (NASS)

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