Peanut Stocks
and Processing
National
Agricultural
Statistics
Service
 
USDA
Washington, D.C.
 
 
Released March 31, 1999, by the National Agricultural Statistics Service
(NASS), Agricultural Statistics Board, U.S. Department of Agriculture.
For information on "Peanut Stocks and Processing" call Herman Ellison at
(202) 720-7688, office hours 7:30 a.m. to 4:00 p.m. ET. Stocks estimates
refer to February 28, 1999; all other data are for the month of
February.
 
 
 
 
 
 
 
 
             Peanut Stocks Up 51 Percent From Last Year
 
Peanut stocks in commercial storage totaled 2.98 billion pounds of
equivalent farmer stock, compared to 1.97 billion pounds last year. This
total includes 1.90 billion pounds of actual farmer stock.
 
 
Shelled peanuts on hand totaled 1.03 billion pounds of equivalent farmer
stock. Roasting stock totaled 51.0 million pounds. There were 292
million pounds of Commodity Credit Corporation uncommitted stocks on
hand as of February 28, 1999.
 
Shelled peanut stocks totaled 775 million pounds of which 755 million
pounds were edible grades and 19.1 million pounds were oil stocks.
Edible grade stocks by type were: Virginias, 161 million pounds;
Runners, 555 million pounds; and Spanish, 39.2 million pounds.
 
February millings totaled 340 million pounds. Millings by type were 62.1
million pounds of Virginias, 271 million pounds of Runners, and 6.80
million pounds of Spanish.
 
Commercial processors utilized 148 million pounds of shelled edible
grade peanuts during February. Utilization for all peanut butter
products was 61.5 million pounds, utilization for peanut candy was 27.6
million pounds, and utilization for snack peanuts was 19.2 million
pounds. Crushing for oil, cake, and meal totaled 38.2 million pounds
during the month.
 
Deliveries under the Government Domestic Feeding and Child Nutrition
Programs amounted to 315,700 pounds of peanut butter, and 38,034 pounds
of roasted peanuts during February. There were no deliveries of peanut
granules during the month.
 
 
Stocks of treated seed on hand February 28 totaled 1.66 million pounds,
compared with 184,000 pounds on January 31, 1999. This build up of
stocks from January to February is normal. Of the February total,
936,000 pounds were Virginias and Valencias, 592,000 pounds were
Runners, and 133,000 pounds were Spanish. January stocks of treated seed
included 86,000 pounds of Virginias and Valencias, 84,000 pounds of
runners, and 14,000 pounds of Spanish.
 
 
 
Gr Lg 6 (3-99)
       Table 1.  Stocks of Peanuts and Specified Products at Month's End,
                               Crop of 1998-99 1/
-------------------------------------------------------------------------------
             :            :            :            : Farmer Stock Equivalent
  Month      :   Farmer   :  Shelled   :  Roasting  :--------------------------
  Ending     :   Stock    :  Peanuts   :   Stock    :   Shelled   :  Total
             :            :    2/      : (In Shell) :   Peanuts   :    3/
-------------------------------------------------------------------------------
             :                          1,000 Pounds
             :
Aug 1998     :       9,250      436,875       18,306      581,044      608,600
Sep          :     409,108      303,091       12,153      403,111      824,372
Oct          :   2,087,806      384,954       23,193      511,989    2,622,988
Nov          :   2,220,885      447,464       34,411      595,127    2,850,423
Dec          :   2,036,829      540,401       38,900      718,733    2,794,462
             :
Jan 1999     :   2,245,870      691,163       48,065      919,247    3,213,182
Feb          :   1,902,930      774,526       51,036    1,030,120    2,984,086
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :   1,163,093      571,157       48,359      759,639    1,971,091
-------------------------------------------------------------------------------
See footnotes on page 8.
 
 
 
       Table 2.  Farmer Stock Peanuts, by Types, on Hand at Month's End,
                               Crop of 1998-99 1/
-------------------------------------------------------------------------------
             :         :         :         Spanish (by Areas)        :
             :         :         :-----------------------------------:  Total
  Month      :Virginias: Runners :Virginia:       :        :         :   All
  Ending     :         :         :  North : South :  South :  Total  :  Types
             :         :         :Carolina: East  :  West  :         :
-------------------------------------------------------------------------------
             :                           1,000 Pounds
             :
Aug 1998     :   3,588      5,662      0        0         0        0      9,250
Sep          :  29,154    379,064      0        0       890      890    409,108
Oct          : 385,648  1,674,086      0        0    28,072   28,072  2,087,806
Nov          : 421,704  1,765,701      0        0    33,480   33,480  2,220,885
Dec          : 378,065  1,644,079      0        0    14,685   14,685  2,036,829
             :
Jan 1999     : 340,752  1,894,709      0      122    10,287   10,409  2,245,870
Feb          : 289,306  1,610,033      0      122     3,469    3,591  1,902,930
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    : 199,544    929,745      0        0    33,804   33,804  1,163,093
-------------------------------------------------------------------------------
See footnotes on page 8.
 
          Table 3.  Total Farmer Stock Peanuts on Hand at Month's End,
                               Crop of 1998-99 1/
-------------------------------------------------------------------------------
             :             :             Commercial Stocks        : Equivalent
  Month      :     CCC     :---------------------------------------------------
  Ending     : Uncommitted : Restricted  :    Other     :         :Total Farmer
             :   Stocks    :   Use 17/   :  Commercial  :  Total  :   Stock
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1998     :         0        16/            16/          9,250       9,250
Sep          :    18,844        16/            16/         390,264     409,108
Oct          :   101,644        16/            16/       1,986,162   2,087,806
Nov          :   266,319        16/            16/       1,954,566   2,220,885
Dec          :   292,328        16/            16/       1,744,501   2,036,829
             :
Jan 1999     :   309,023        16/            16/       1,936,847   2,245,870
Feb          :   292,424        16/            16/       1,610,506   1,902,930
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :     2,653        16/            16/       1,160,440   1,163,093
-------------------------------------------------------------------------------
See footnotes on page 8.
 
 
   Table 4.  Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's
                             End, Crop of 1998-99 1/
-------------------------------------------------------------------------------
             :           Shelled Edibles 19/      : Shelled :        :
  Month      :------------------------------------:   Oil   :  Total :Roasting
  Ending     :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/
-------------------------------------------------------------------------------
             :                           1,000 Pounds
             :
Aug 1998     :  70,264   327,484   29,761   427,509    9,366  436,875   18,306
Sep          :  49,594   222,696   22,388   294,678    8,413  303,091   12,153
Oct          :  81,336   257,878   24,947   364,161   20,793  384,954   23,193
Nov          : 103,814   297,045   27,299   428,158   19,306  447,464   34,411
Dec          : 125,284   353,322   38,335   516,941   23,460  540,401   38,900
             :
Jan 1999     : 149,818   466,558   52,526   668,902   22,261  691,163   48,065
Feb          : 161,196   554,996   39,206   755,398   19,128  774,526   51,036
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    : 110,170   398,760   41,910   550,840   20,317  571,157   48,359
-------------------------------------------------------------------------------
See footnotes on page 8.
 
         Table 5.  Farmer Stock Peanuts Milled (Net Weight), by Months,
                               Crop of 1998-99 18/
-------------------------------------------------------------------------------
          :         :         :         Spanish (by Areas)          :
          :         :         :-------------------------------------:   Total
 Month    :Virginias: Runners :Virginia:        :         :         :    All
 Ending   :         :         :  North :  South :  South  :  Total  :   Types
          :         :         :Carolina:  East  :  West   :         :
-------------------------------------------------------------------------------
          :                            1,000 Pounds
          :
Aug 1998  :   3,486     15,438     0        0           0         0     18,924
Sep       :  12,756     62,842     0        0         890       890     76,488
Oct       : 136,350    284,412     0        0      17,712    17,712    438,474
Nov       :  94,988    233,958     0        0      13,584    13,584    342,530
Dec       :  86,656    200,262     0        0      23,794    23,794    310,712
          :
Jan 1999  :  80,370    266,376     0        0       4,540     4,540    351,286
Feb       :  62,126    271,082     0        0       6,796     6,796    340,004
Mar       :
Apr       :
May       :
Jun       :
Jul       :
          :
Same Month:
Last Seas :  66,506    237,682     0        0      11,724    11,724    315,912
          :
Seas Total: 476,732  1,334,370     0        0      67,316    67,316  1,878,418
          :
97 To Date: 431,922  1,206,820     0        0      96,396    96,396  1,735,138
-------------------------------------------------------------------------------
 
     Table 6.  Production of Shelled and Roasting Stock (In Shell) Peanuts,
                        by Months, Crop of 1998-99
-------------------------------------------------------------------------------
          :           Shelled Edibles 18/       : Shelled :         :
  Month   :-------------------------------------:   Oil   :  Total  :Roasting
  Ending  :Virginias: Runners :Spanish:  Total  :Stocks 4/: Shelled :Stocks 5/
-------------------------------------------------------------------------------
          :                          1,000 Pounds
          :
Aug 1998  :     461    10,232       0     10,693     3,196     13,889      880
Sep       :   3,531    37,918     624     42,073    10,512     52,585    6,114
Oct       :  48,984   177,366  11,190    237,540    26,217    263,757   51,895
Nov       :  38,835   160,341   9,193    208,369    22,946    231,315   31,263
Dec       :  40,135   140,737  15,681    196,553    19,320    215,873   23,225
          :
Jan 1999  :  35,074   197,062   3,010    235,146    26,768    261,914   27,812
Feb       :  29,436   193,174   3,933    226,543    28,561    255,104   17,075
Mar       :
Apr       :
May       :
Jun       :
Jul       :
          :
Same Month:
Last Seas :  27,990   159,012   8,420    195,422    22,959    218,381   18,225
          :
Seas Total: 196,456   916,830  43,631  1,156,917   137,520  1,294,437  158,264
          :
97 To Date: 163,816   813,588  64,794  1,042,198   132,632  1,174,830  154,953
-------------------------------------------------------------------------------
See footnotes on page 8.
     Table 7.  Shelled Peanuts Crushed, Production and Stocks of Peanut Oil
                and Cake and Meal, by Months, Crop of 1998-99 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 1998     :    13,711      5,640        7,138       28,597       21,245
Sep          :    11,010      4,803        6,193       19,508       23,901
Oct          :    14,647      6,346        8,300       15,321       10,551
Nov          :    28,158     11,329       16,829       10,425       11,534
Dec          :    32,428     13,344       19,085        9,375        8,398
             :
Jan 1999     :    37,462     16,193       21,269       12,147        9,368
Feb          :    38,156     16,468       20,721       13,053        6,445
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :    30,352     13,463       16,444       13,026       29,364
             :
Seas Total   :   175,572     74,123       99,535         --           --
             :
97 To Date   :   211,872     90,976      116,460         --           --
-------------------------------------------------------------------------------
 
 
     Table 8.  Apparent Disappearance of Milled Peanut Products, by Months,
                              Crop of 1998-99 9/
-------------------------------------------------------------------------------
             :         Shelled Peanuts         :          :         :
  Month      :---------------------------------: Roasting : Crude   : Cake &
  Ending     :  Edible  :   Oil    :           :  Stock   : Peanut  :  Meal
             :  Grades  :  Stocks  :   Total   :          : Oil 7/  :   7/
-------------------------------------------------------------------------------
             :                            1,000 Pounds
             :
Aug 1998     :   163,554     7,921     171,475     13,142     6,340      9,897
Sep          :   174,904    11,465     186,369     12,267    13,892      3,537
Oct          :   168,057    13,837     181,894     40,855    10,533     21,650
Nov          :   144,372    24,433     168,805     20,045    16,225     15,846
Dec          :   107,770    15,166     122,936     18,736    14,394     22,221
             :
Jan 1999     :    83,185    27,967     111,152     18,647    13,421     20,299
Feb          :   140,047    31,694     171,741     14,104    15,562     23,644
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :   125,081    16,735     141,816     12,108    17,280     10,745
             :
Seas Total   :   981,889   132,483   1,114,372    137,796    90,367    117,094
             :
97 To Date   :   990,312   153,315   1,143,627    160,365   100,886     95,387
-------------------------------------------------------------------------------
See footnotes on page 8.
     Table 9.  Shelled Peanuts (Raw Basis) Used in Primary Products,
               And in Shell Peanuts, by Months, Crop of 1998-99 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 1998     :  33,492   28,550   66,912     3,083   132,037   145,748   12,369
Sep          :  36,898   35,334   63,289     2,939   138,460   149,470   13,398
Oct          :  46,349   32,569   65,906     2,544   147,368   162,015   15,377
Nov          :  28,671   31,865   57,457     1,669   119,662   147,820   12,801
Dec          :  22,553   31,540   60,503     1,296   115,892   148,320   12,394
             :
Jan 1999     :  30,795   23,277   57,257     1,185   112,514   149,976   14,864
Feb          :  27,573   19,183   61,543     1,441   109,740   147,896    8,800
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :  28,822   20,442   58,582     2,713   110,559   140,911    7,602
             :
Seas Total   : 226,331  202,318  432,867    14,157   875,673 1,051,245   90,003
             :
97 To Date   : 203,566  183,502  456,838    20,257   864,163 1,076,035   89,516
-------------------------------------------------------------------------------
 
 
   Table 10.  Virginias Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1998-99 15/
-------------------------------------------------------------------------------
             :                        Edible Grades Used In 19/
             :-----------------------------------------------------------------
   Month     :             :            :          :            :
   Ending    :   Peanut    :   Snack    :  Peanut  :   Other    :
             :   Candy     :  Peanuts   :  Butter  :  Products  :   Total
             :    11/      :    10/     :   12/    :            :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1998     :      3,459       6,442       4,112          115      14,128
Sep          :      2,502       9,744       4,949          664      17,859
Oct          :      7,422       6,685       5,987          775      20,869
Nov          :      3,009       7,746       5,068          121      15,944
Dec          :      2,133       8,187       3,556           72      13,948
             :
Jan 1999     :      1,449       6,823       5,049           96      13,417
Feb          :      2,598       5,670       5,787          272      14,327
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :      2,189       4,901       5,548          963      13,601
             :
Seas Total   :     22,572      51,297      34,508        2,115     110,492
             :
97 To Date   :     14,054      51,828      34,964        9,089     109,935
-------------------------------------------------------------------------------
See footnotes on page 8.
    Table 11.  Runners Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1998-99 15/
-------------------------------------------------------------------------------
             :                    Edible Grades Used In 19/
             :-----------------------------------------------------------------
   Month     :             :           :           :              :
   Ending    :   Peanut    :   Snack   :   Peanut  :    Other     :
             :   Candy     :  Peanuts  :   Butter  :   Products   :  Total
             :    11/      :    10/    :     12/   :              :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1998     :     28,190      20,578      61,106         2,921     112,795
Sep          :     31,968      24,249      56,100         2,175     114,492
Oct          :     37,219      23,966      58,538         1,670     121,393
Nov          :     23,962      21,921      50,473         1,482      97,838
Dec          :     18,927      21,581      54,804         1,125      96,437
             :
Jan 1999     :     27,125      15,316      51,240         1,011      94,692
Feb          :     23,027      12,665      53,243         1,105      90,040
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :     25,559      14,104      52,087         1,746      93,496
             :
Seas Total   :    190,418     140,276     385,504        11,489     727,687
             :
97 To Date   :    179,391     118,610     404,492        10,636     713,129
-------------------------------------------------------------------------------
 
 
    Table 12.  Spanish Shelled Peanuts (Raw Basis) Used in Primary Products,
                         by Months, Crop of 1998-99 15/
-------------------------------------------------------------------------------
             :                        Edible Grades Used In 19/
             :-----------------------------------------------------------------
    Month    :             :           :          :            :
    Ending   :   Peanut    :   Snack   :  Peanut  :   Other    :
             :   Candy     :  Peanuts  :  Butter  :  Products  :     Total
             :    11/      :    10/    :    12/   :            :
-------------------------------------------------------------------------------
             :                             1,000 Pounds
             :
Aug 1998     :      1,843       1,530      1,694           47         5,114
Sep          :      2,428       1,341      2,240          100         6,109
Oct          :      1,708       1,918      1,381           99         5,106
Nov          :      1,700       2,198      1,916           66         5,880
Dec          :      1,493       1,772      2,143           99         5,507
             :
Jan 1999     :      2,221       1,138        968           78         4,405
Feb          :      1,948         848      2,513           64         5,373
Mar          :
Apr          :
May          :
Jun          :
Jul          :
             :
Same Month   :
Last Seas    :      1,074       1,437        947            4         3,462
             :
Seas Total   :     13,341      10,745     12,855          553        37,494
             :
97 To Date   :     10,121      13,064     17,382          532        41,099
-------------------------------------------------------------------------------
See footnotes on page 8.
These  Statistics are  collected and  presented according to the Peanut Statis-
tics 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 April 30, 1999.
 
 
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