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USDA Peanut Prices

30 June 2015

USDA Peanut Stocks and Processing - 30 June 2015USDA Peanut Stocks and Processing - 30 June 2015

Peanut Prices

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

Peanut Stocks in Commercial Storage Totaled 2.72 Billion Pounds

Peanut stocks reported in commercial storage on May 31, 2015 totaled 2.72 billion pounds of equivalent farmer stock, compared with 2.74 billion pounds a year ago. This total includes 2.06 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 619 million pounds of farmer stock equivalent. Roasting stock totaled 42.2 million pounds.

Shelled peanut stocks totaled 465 million pounds of which 447 million pounds were edible grades and 18.5 million pounds were oil stocks. Edible grade stocks by type included 72.0 million pounds of Virginias and Valencias, 353 million pounds of Runners, and 22.2 million pounds of Spanish.

Millings in May totaled 387 million pounds. Millings by type were 68.9 million pounds of Virginias and Valencias, 315 million pounds of Runners, and 2.84 million pounds of Spanish.

Commercial processors utilized 179 million pounds of shelled edible grade peanuts during May. Utilization by type was 107 million pounds for all peanut butter products, 28.3 million pounds for peanut candy, and 38.9 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 42.7 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1.75 million pounds of peanut butter and 51,840 pounds of roasted peanuts during May.

Stocks of treated seed on hand May 31, 2015 totaled 26.6 million pounds, compared with 48.4 million pounds on April 30, 2015. Of the May total, 3.88 million pounds were Virginias and Valencias, 22.5 million pounds were Runners, and 229,000 pounds were Spanish. April stocks of treated seed included 11.0 million pounds of Virginias and Valencias, 36.6 million pounds of Runners, and 742,000 pounds of Spanish. Stocks estimates refer to May 31, 2015. All other data are for the month of May.

Published by USDA National Agricultural Statistics Service (NASS)

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