Peanut Stocks
and Processing
National
Agricultural
Statistics
Service
 
USDA
Washington, D.C.
 
Released April 30, 1998, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, U.S. Department of Agriculture.
For information on "Peanut Stocks and Processing" call Barbara Rater at
(202) 720-7688, office hours 7:30 a.m. to 4:00 p.m. ET. Stocks estimates
refer to March 31, 1998; all other data are for the month of March.
 
 
 
 
 
            Peanut Stocks Down 3 Percent From Last Year
 
Peanut stocks in commercial storage totaled 1.67 billion pounds of
equivalent farmer stock, compared to 1.71 billion pounds last year. This
total includes 833 million pounds of actual farmer stock.
 
 
Shelled peanuts on hand totaled 788 million pounds of equivalent farmer
stock. Roasting stock totaled 48.7 million pounds. There were no
Commodity Credit Corporation uncommitted stocks on hand as of March
31,1998.
 
 
Shelled peanut stocks totaled 593 million pounds of which 572 million
pounds were edible grades and 20.2 million pounds were oil stocks.
Edible grade stocks by type were: Virginias, 122 million pounds;
Runners, 399 million pounds; and Spanish, 51.0 million pounds.
 
March millings totaled 342 million pounds. Millings by type were 73.8
million pounds of Virginias, 245 million pounds of Runners, and 22.5
million pounds of Spanish.
 
Commercial processors utilized 117 million pounds of shelled edible
grade peanuts during March. Utilization for all peanut butter products
was 59.8 million pounds, utilization for peanut candy was 31.3 million
pounds, and utilization for snack peanuts was 23.2 million pounds.
Crushing for oil, cake, and meal totaled 48.6 million pounds during the
month.
 
Deliveries under the Government Domestic Feeding and Child Nutrition
Programs amounted to 1,845,856 pounds of peanut butter, and 42,606
pounds of roasted peanuts during March. There were no deliveries of
peanut granules during the month.
 
 
Stocks of treated seed on hand March 31 totaled 20.4 million pounds,
compared with 6.26 million pounds on February 28, 1998. Of the March
total, 5.61 million pounds were Virginias and Valencias, 14.7 million
were Runners, and 32,000 pounds were Spanish. February stocks of treated
seed included 1.43 million pounds of Virginias and Valencias, 4.80
million pounds of Runners, and 31,000 pounds of Spanish.
 
 
Gr Lg 6 (4-98)
       Table 1.  Stocks of Peanuts and Specified Products at Month's End,
                               Crop of 1997-98 1/
-------------------------------------------------------------------------------
             :            :            :            : Farmer Stock Equivalent
  Month      :   Farmer   :  Shelled   :  Roasting  :--------------------------
  Ending     :   Stock    :  Peanuts   :   Stock    :   Shelled   :  Total
             :            :    2/      : (In Shell) :   Peanuts   :    3/
-------------------------------------------------------------------------------
             :                          1,000 Pounds
             :
Aug 1997     :      10,660      369,296       26,493      491,164      528,317
Sep          :     772,117      273,290       12,318      363,476    1,147,911
Oct          :   1,759,199      301,622       16,608      401,157    2,176,964
Nov          :   1,980,153      344,208       26,865      457,797    2,464,815
Dec          :   1,779,085      401,744       37,427      534,320    2,350,832
             :
Jan 1998     :   1,464,791      453,787       42,238      603,537    2,110,566
Feb          :   1,163,093      527,045       48,359      700,970    1,912,422
Mar          :     833,466      592,686       48,676      788,272    1,670,414
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :     805,174      621,968       82,113      827,217    1,714,504
-------------------------------------------------------------------------------
See footnotes on page 8.
 
 
 
       Table 2.  Farmer Stock Peanuts, by Types, on Hand at Month's End,
                               Crop of 1997-98 1/
-------------------------------------------------------------------------------
             :         :         :         Spanish (by Areas)        :
  Month      :         :         :-----------------------------------:  Total
  Ending     :Virginias: Runners :Virginia:       :        :         :   All
             :         :         :  North : South :  South :  Total  :  Types
             :         :         :Carolina: East  :  West  :         :
-------------------------------------------------------------------------------
             :                           1,000 Pounds
             :
Aug 1997     :     782      9,874      0        0         4        4     10,660
Sep          :   8,054    762,652      0       37     1,374    1,411    772,117
Oct          : 282,130  1,441,135      0       37    35,897   35,934  1,759,199
Nov          : 332,477  1,573,204      0       37    74,435   74,472  1,980,153
Dec          : 313,240  1,406,304      0       37    59,504   59,541  1,779,085
             :
Jan 1998     : 250,926  1,167,202      0        0    46,663   46,663  1,464,791
Feb          : 199,544    929,745      0        0    33,804   33,804  1,163,093
Mar          : 138,440    683,638      0        0    11,388   11,388    833,466
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    : 110,750    635,598      0        0    58,826   58,826    805,174
-------------------------------------------------------------------------------
See footnotes on page 8.
 
          Table 3.  Total Farmer Stock Peanuts on Hand at Month's End,
                               Crop of 1997-98 1/
-------------------------------------------------------------------------------
             :             :             Commercial Stocks        : Equivalent
  Month      :     CCC     :---------------------------------------------------
  Ending     : Uncommitted : Restricted  :    Other     :         :Total Farmer
             :   Stocks    :   Use 17/   :  Commercial  :  Total  :   Stock
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1997     :         0         16/           16/          10,660      10,660
Sep          :    51,358         16/           16/         720,759     772,117
Oct          :   148,368         16/           16/       1,610,831   1,759,199
Nov          :   141,907         16/           16/       1,838,246   1,980,153
Dec          :   107,295         16/           16/       1,671,790   1,779,085
             :
Jan 1998     :    41,262         16/           16/       1,423,529   1,464,791
Feb          :     2,653         16/           16/       1,160,440   1,163,093
Mar          :         0         16/           16/         833,466     833,466
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :         0         16/           16/         805,174     805,174
-------------------------------------------------------------------------------
See footnotes on page 8.
 
 
 
 
   Table 4.  Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's
                             End, Crop of 1997-98 1/
-------------------------------------------------------------------------------
             :           Shelled Edibles 19/      : Shelled :        :
  Month      :------------------------------------:   Oil   :  Total :Roasting
  Ending     :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/
-------------------------------------------------------------------------------
             :                           1,000 Pounds
             :
Aug 1997     :  64,030   259,374   29,672   353,076   16,220  369,296   26,493
Sep          :  43,584   201,140   21,849   266,573    6,717  273,290   12,318
Oct          :  56,451   210,527   25,034   292,012    9,610  301,622   16,608
Nov          :  74,531   228,822   31,841   335,194    9,014  344,208   26,865
Dec          :  78,495   267,397   37,987   383,879   17,865  401,744   37,427
             :
Jan 1998     :  97,128   302,861   39,705   439,694   14,093  453,787   42,238
Feb          : 110,688   354,044   41,996   506,728   20,317  527,045   48,359
Mar          : 122,412   399,014   51,033   572,459   20,227  592,686   48,676
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    : 136,757   406,894   46,033   589,684   32,284  621,968   82,113
-------------------------------------------------------------------------------
See footnotes on page 8.
         Table 5.  Farmer Stock Peanuts Milled (Net Weight), by Months,
                               Crop of 1997-98 18/
-------------------------------------------------------------------------------
          :         :         :         Spanish (by Areas)          :
          :         :         :-------------------------------------:   Total
 Month    :Virginias: Runners :Virginia:        :         :         :    All
 Ending   :         :         :  North :  South :  South  :  Total  :   Types
          :         :         :Carolina:  East  :  West   :         :
-------------------------------------------------------------------------------
          :                            1,000 Pounds
          :
Aug 1997  :     772     20,258       0         0        0         0     21,030
Sep       :  20,178     88,730       0         0    1,914     1,914    110,822
Oct       :  98,464    237,804       0         0   22,510    22,510    358,778
Nov       :  95,958    189,354       0         0   24,764    24,764    310,076
Dec       :  73,350    215,242       0         0   23,334    23,334    311,926
          :
Jan 1998  :  76,694    217,750       0         0   12,150    12,150    306,594
Feb       :  66,506    237,682       0         0   11,724    11,724    315,912
Mar       :  73,778    245,368       0         0   22,546    22,546    341,692
Apr       :
May       :
Jun       :
Jul       :
          :
Same Month:
Last Seas :  66,132    221,286       0         0   11,520    11,520    298,938
          :
Seas Total: 505,700  1,452,188       0         0  118,942   118,942  2,076,830
          :
96 To Date: 553,484  1,458,440       0         0  127,006   127,006  2,138,930
-------------------------------------------------------------------------------
 
 
 
     Table 6.  Production of Shelled and Roasting Stock (In Shell) Peanuts,
                        by Months, Crop of 1997-98
-------------------------------------------------------------------------------
          :           Shelled Edibles 18/       : Shelled :         :
  Month   :-------------------------------------:   Oil   :  Total  :Roasting
  Ending  :Virginias: Runners :Spanish:  Total  :Stocks 4/: Shelled :Stocks 5/
-------------------------------------------------------------------------------
          :                          1,000 Pounds
          :
Aug 1997  :     621     4,998       0      5,619    13,191     18,810        0
Sep       :   5,911    63,378     943     70,232     8,068     78,300   10,134
Oct       :  37,693   156,188  15,328    209,209    21,672    230,881   39,020
Nov       :  35,291   131,163  16,811    183,265    20,201    203,466   36,190
Dec       :  22,942   148,809  15,516    187,267    23,770    211,037   29,984
          :
Jan 1998  :  33,368   150,040   7,776    191,184    22,771    213,955   21,400
Feb       :  27,990   159,012   8,420    195,422    22,959    218,381   18,225
Mar       :  33,510   156,083  14,260    203,853    44,420    248,273   21,835
Apr       :
May       :
Jun       :
Jul       :
          :
Same Month:
Last Seas :  24,842   141,204   7,527    173,573    28,399    201,972   24,561
          :
Seas Total: 197,326   969,671  79,054  1,246,051   177,052  1,423,103  176,788
          :
96 To Date: 207,436   937,474  83,220  1,228,130   222,449  1,450,579  214,666
-------------------------------------------------------------------------------
See footnotes on page 8.
     Table 7.  Shelled Peanuts Crushed, Production and Stocks of Peanut Oil
                and Cake and Meal, by Months, Crop of 1997-98 7/
-------------------------------------------------------------------------------
             : Shelled  :        Production        :   Stocks (End of Period)
  Month      : Peanuts  :------------------------------------------------------
  Ending     :Crushed 8/:  Crude Oil : Cake & Meal :Crude Oil 7/:Cake & Meal 7/
-------------------------------------------------------------------------------
             :                            1,000 Pounds
             :
Aug 1997     :    40,239     17,233       22,910       23,473        6,803
Sep          :    15,512      5,348        8,228       19,387        1,450
Oct          :    24,835     10,927       13,856       20,358        6,544
Nov          :    27,744     11,885       14,448       19,035        9,462
Dec          :    31,380     13,684       17,270       17,861       14,689
             :
Jan 1998     :    41,810     18,436       23,304       16,843       23,665
Feb          :    30,352     13,463       16,444       13,026       29,364
Mar          :    48,602     20,806       27,601       18,505       23,518
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :    44,227     18,098       25,770       31,112        9,267
             :
Seas Total   :   260,474    111,782      144,061         --           --
             :
96 To Date   :   393,601    167,599      222,141         --           --
-------------------------------------------------------------------------------
 
 
 
     Table 8.  Apparent Disappearance of Milled Peanut Products, by Months,
                              Crop of 1997-98 9/
-------------------------------------------------------------------------------
             :         Shelled Peanuts         :          :         :
  Month      :---------------------------------: Roasting : Crude   : Cake &
  Ending     :  Edible  :   Oil    :           :  Stock   : Peanut  :  Meal
             :  Grades  :  Stocks  :   Total   :          : Oil 7/  :   7/
-------------------------------------------------------------------------------
             :                            1,000 Pounds
             :
Aug 1997     :   151,497    37,971     189,468     27,278    16,696     24,398
Sep          :   156,735    17,571     174,306     24,309     9,434     13,581
Oct          :   183,770    18,779     202,549     34,730     9,956      8,762
Nov          :   140,083    20,797     160,880     25,933    13,208     11,530
Dec          :   138,582    14,919     153,501     19,422    14,858     12,043
             :
Jan 1998     :   135,369    26,543     161,912     16,589    19,454     14,328
Feb          :   128,388    16,735     145,123     12,104    17,280     10,745
Mar          :   138,122    44,510     182,632     21,518    15,327     33,447
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :   106,594    29,464     136,058     15,590    17,039     22,833
             :
Seas Total   : 1,172,546   197,825   1,370,371    181,883   116,213    128,834
             :
96 To Date   : 1,008,877   316,483   1,325,360    163,534   163,479    220,086
-------------------------------------------------------------------------------
See footnotes on page 8.
     Table 9.  Shelled Peanuts (Raw Basis) Used in Primary Products,
               And In Shell Peanuts, by Months, Crop of 1997-98 6/
-------------------------------------------------------------------------------
             :        Edible Grades Used In 19/             :         :
             :----------------------------------------------:         :
  Month      :         :       :          :        :        :  Total  :
  Ending     : Peanut  : Snack :  Peanut  : Other  :        :   All   :In Shell
             : Candy   :Peanuts:  Butter  :Products:  Total :  Grades : Peanuts
             :  11/    :  10/  :    12/   :        :        :   13/   :   14/
-------------------------------------------------------------------------------
             :                           1,000 Pounds
             :
Aug 1997     :  35,715   29,315   85,774     2,862   153,666   193,905   10,653
Sep          :  35,883   30,103   65,358     3,230   134,574   150,086   13,808
Oct          :  38,731   30,951   65,011     3,464   138,157   162,992   16,961
Nov          :  25,329   30,798   61,079     1,875   119,081   146,825   13,696
Dec          :  20,182   25,970   62,413     2,824   111,389   142,769   14,095
             :
Jan 1998     :  27,283   16,735   59,925     3,540   107,483   149,293   12,762
Feb          :  28,830   21,612   59,621     2,712   112,775   143,127    7,602
Mar          :  31,314   23,151   59,832     2,994   117,291   165,893   12,067
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :  27,518   19,325   56,859     3,528   107,230   151,457   11,204
             :
Seas Total   : 243,267  208,635  519,013    23,501   994,416 1,254,890  101,644
             :
96 To Date   : 238,666  191,359  488,110    20,648   938,783 1,332,384   89,884
-------------------------------------------------------------------------------
 
 
   Table 10.  Virginias Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1997-98 15/
-------------------------------------------------------------------------------
             :                        Edible Grades Used In 19/
             :-----------------------------------------------------------------
   Month     :             :            :          :            :
   Ending    :   Peanut    :   Snack    :  Peanut  :   Other    :
             :   Candy     :  Peanuts   :  Butter  :  Products  :   Total
             :    11/      :    10/     :   12/    :            :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1997     :      2,505       9,215       5,205          984      17,909
Sep          :      2,726       9,382       4,440        1,366      17,914
Oct          :      2,349       9,819       3,924        1,879      17,971
Nov          :      1,496       8,920       4,926        1,133      16,475
Dec          :      1,052       5,634       6,105        1,553      14,344
             :
Jan 1998     :      1,518       4,182       4,816        1,471      11,987
Feb          :      1,500       5,586       5,548        1,023      13,657
Mar          :      2,326       5,328       5,063        2,149      14,866
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :      1,827       4,655       4,889        1,488      12,859
             :
Seas Total   :     15,472      58,066      40,027       11,558     125,123
             :
96 To Date   :     17,878      60,735      44,237        7,839     130,689
-------------------------------------------------------------------------------
See footnotes on page 8.
    Table 11.  Runners Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1997-98 15/
-------------------------------------------------------------------------------
             :                        Edible Grades Used In 19/
             :-----------------------------------------------------------------
   Month     :             :           :           :              :
   Ending    :   Peanut    :   Snack   :   Peanut  :    Other     :
             :   Candy     :  Peanuts  :   Butter  :   Products   :  Total
             :    11/      :    10/    :     12/   :              :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1997     :     31,772      17,930      76,458         1,769     127,929
Sep          :     31,982      18,850      58,108         1,784     110,724
Oct          :     34,930      18,420      58,638         1,483     113,471
Nov          :     22,535      20,043      53,737           542      96,857
Dec          :     17,636      18,316      53,342         1,185      90,479
             :
Jan 1998     :     23,700      11,343      53,426         1,989      90,458
Feb          :     26,279      14,530      53,126         1,611      95,546
Mar          :     27,219      16,506      53,778           731      98,234
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :     24,068      12,349      50,110         1,953      88,480
             :
Seas Total   :    216,053     135,938     460,613        11,094     823,698
             :
96 To Date   :    209,203     116,100     421,236        11,425     757,964
-------------------------------------------------------------------------------
 
 
    Table 12.  Spanish Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1997-98 15/
-------------------------------------------------------------------------------
             :                        Edible Grades Used In 19/
             :-----------------------------------------------------------------
    Month    :             :           :          :            :
    Ending   :   Peanut    :   Snack   :  Peanut  :   Other    :
             :   Candy     :  Peanuts  :  Butter  :  Products  :     Total
             :    11/      :    10/    :    12/   :            :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1997     :      1,438       2,170      4,111          109         7,828
Sep          :      1,175       1,871      2,810           80         5,936
Oct          :      1,452       2,712      2,449          102         6,715
Nov          :      1,298       1,835      2,416          200         5,749
Dec          :      1,494       2,020      2,966           86         6,566
             :
Jan 1998     :      2,065       1,210      1,683           80         5,038
Feb          :      1,051       1,496        947           78         3,572
Mar          :      1,769       1,317        991          114         4,191
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :      1,623       2,321      1,860           87         5,891
             :
Seas Total   :     11,742      14,631     18,373          849        45,595
             :
96 To Date   :     11,585      14,524     22,637        1,384        50,130
-------------------------------------------------------------------------------
See footnotes on page 8.
These Statistics are collected and presented according to the Peanut Statistics
Act which requires shellers, crushers and processors of raw peanuts to submit
periodic reports for their operations.  These reports are usually based on a
complete enumeration of all shellers and crushers and all of the larger
processors of raw peanuts.  However, reports are occasionally received too
late to be included in the first tabulation.  Allowances are made for these
missing reports and revised totals are published in the next report.
 
 
 
 1/  Excludes stocks on farms.  Includes stocks owned by or held for account
      of CCC in commercial storages.  Farmer stock on net weight basis.
 
 2/  Includes shelled edible grades, shelled oil stock, and shelled seed
     (untreated).
 
 3/  Actual farmer stock, plus roasting stock, plus shelled peanuts X 1.33.
 
 4/  Includes straight run oil stock peanuts.
 
 5/  Cleaned and unshelled.
 
 6/  Excludes peanuts milled for seed.
 
 7/  Relates to oil mills only.
 
 8/  All crushings regardless of grade.
 
 9/  Includes in transit, exports and domestic use.
 
10/  Formerly titled 'Salted Peanuts'.  Includes salted, unsalted,
     dry and honey roasted, salted and unsalted roasted.
 
11/  Includes peanut butter made by manufacturers for own use in candy.
 
12/  Includes peanut butter made by manufacturers for own use in cookies
     and sandwiches, but excludes peanut butter used in candy.
 
13/  Includes all shelled peanuts crushed regardless of grade.
 
14/  Includes peanuts re-packaged, roasted in shell, salted in shell,
     and raw in shell.
 
15/  Crushings by type not available.
 
16/  Not published to avoid disclosing individual operations.
 
17/  Purchased from CCC for crushing or export.
 
18/  Includes peanuts milled for seed.
 
19/ Beginning in February 1988, shelled edible grades include blanched
and shelled roasted peanuts converted to a raw basis using conversion
factors of 1.08 and 1.12, respectively. This should be considered when
comparing with previous years.
 
The next "Peanut Stocks and Processing" report will be released
at 3:00 p.m. ET on May 28, 1998.
 
 
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