HDR1012000110060328961500Peanut Stocks and Processing                           
                                                                                
Released March 28, 1996, by the National Agricultural Statistics Service        
(NASS), Agricultural Statistics Board, U.S. Department of Agriculture.  For     
information on "Peanut Stocks and Processing" call Barbara Soltes at (202)      
720-7688, office hours 8:00 a.m. to 4:30 p.m. ET.  For assistance with general  
agricultural statistics, information about NASS, its products or services,      
contact the NASS Information Hotline at 1-800-727-9540 or E-mail:               
NASS@NASS.USDA.GOV.  Stocks estimates refer to February 29, 1996; all other     
data are for the month of February.                                             
                                                                                
                                                                                
           Peanut Stocks Down 16 Percent From Last Year                         
                                                                                
Peanut stocks in commercial storage totaled 2.20 billion pounds of equivalent   
farmer stock, compared to 2.60 billion pounds last year.  This total includes   
1.47 billion pounds of actual farmer stock.                                     
                                                                                
                                                                                
Shelled peanuts on hand totaled 682 million pounds of equivalent farmer stock.  
Roasting stock totaled 49.7 million pounds. There were 370 million pounds of    
Commodity Credit Corporation uncommitted stocks on hand as of February 29,      
1996.                                                                           
                                                                                
                                                                                
Shelled peanut stocks totaled 513 million pounds of which 494 million pounds    
were edible grades and 18.7  million pounds were oil stocks.  Edible grade      
stocks by type were:  Virginias, 144 million pounds;  Runners, 325 million      
pounds; and Spanish, 24.7 million pounds.                                       
                                                                                
February millings totaled 262 million pounds.  Millings by type were            
60.2 million pounds of Virginias, 198 million pounds of Runners, and            
4.21 million pounds of Spanish.                                                 
                                                                                
Commercial processors utilized 107 million pounds of shelled edible grade       
peanuts during February. Utilization for all peanut butter products was         
60.5 million pounds, utilization for peanut candy was 26.7 million pounds, and  
utilization for snack peanuts was 16.2 million pounds.  Crushing for oil,       
cake, and meal totaled 66.5 million pounds during the month.                    
                                                                                
Deliveries under the Government Domestic Feeding and Child Nutrition Programs   
amounted to 1,440,831 pounds of peanut butter, and 89,244 pounds of roasted     
peanuts during February.  There were no deliveries of peanut granules during    
the month.                                                                      
                                                                                
Stocks of treated seed on hand February 29 totaled 1.44 million pounds,         
compared with 273,000 pounds on January 31, 1996.  Of the February total, 1.33  
million pounds were Virginias and Valencias, 98,000 pounds were Runners, and    
6,000 pounds were Spanish.  January  stocks of treated seed included            
213,000 pounds of Virginias and Valencias, 54,000 pounds of Runners, and        
6,000 pounds of Spanish.                                                        
                                                                                
                                                                                
Gr Lg 6 (3-96)                                                                  
                                                                                
                                                                                
                                                                                
       Table 1.  Stocks of Peanuts and Specified Products at Month's End,       
                               Crop of 1995-96 1/                               
------------------------------------------------------------------------------- 
             :            :            :            : Farmer Stock Equivalent   
  Month      :   Farmer   :  Shelled   :  Roasting  :-------------------------- 
  Ending     :   Stock    :  Peanuts   :   Stock    :   Shelled   :  Total      
             :            :    2/      : (In Shell) :   Peanuts   :    3/       
------------------------------------------------------------------------------- 
             :                          1,000 Pounds                            
             :                                                                  
Aug 1995     :      17,850      667,132       53,871      887,286      959,007  
Sep          :     933,403      537,061       35,063      714,291    1,682,757  
Oct          :   2,119,319      483,274       34,772      642,754    2,796,845  
Nov          :   2,322,192      448,703       37,797      596,775    2,956,764  
Dec          :   2,100,073      469,748       40,230      624,765    2,765,068  
             :                                                                  
Jan 1996     :   1,787,981      497,002       39,732      661,013    2,488,726  
Feb          :   1,465,747      512,525       49,672      681,658    2,197,077  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :   1,535,028      739,361       84,536      983,350    2,602,914  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
                                                                                
       Table 2.  Farmer Stock Peanuts, by Types, on Hand at Month's End,        
                               Crop of 1995-96 1/                               
------------------------------------------------------------------------------- 
             :         :         :         Spanish (by Areas)        :          
  Month      :         :         :-----------------------------------:  Total   
  Ending     :Virginias: Runners :Virginia:       :        :         :   All    
             :         :         :  North : South :  South :  Total  :  Types   
             :         :         :Carolina: East  :  West  :         :          
------------------------------------------------------------------------------- 
             :                           1,000 Pounds                           
             :                                                                  
Aug 1995     :   5,272     12,578      0        0         0        0     17,850 
Sep          :  37,544    888,947      0    1,887     5,025    6,912    933,403 
Oct          : 402,006  1,621,401      0    4,061    91,851   95,912  2,119,319 
Nov          : 457,679  1,717,939      0    4,164   142,410  146,574  2,322,192 
Dec          : 385,593  1,567,862      0    4,164   142,454  146,618  2,100,073 
             :                                                                  
Jan 1996     : 332,666  1,301,837      0    3,799   149,679  153,478  1,787,981 
Feb          : 267,854  1,067,217      0    2,784   127,892  130,676  1,465,747 
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    : 280,759  1,164,186      0    2,594    87,489   90,083  1,535,028 
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
          Table 3.  Total Farmer Stock Peanuts on Hand at Month's End,          
                               Crop of 1995-96 1/                               
------------------------------------------------------------------------------- 
             :             :             Commercial Stocks        : Equivalent  
  Month      :     CCC     :--------------------------------------------------- 
  Ending     : Uncommitted : Restricted  :    Other     :         :Total Farmer 
             :   Stocks    :   Use 17/   :  Commercial  :  Total  :   Stock     
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1995     :         0          16/          16/          17,850      17,850  
Sep          :   114,129          16/          16/         819,274     933,403  
Oct          :   444,218          16/          16/       1,675,101   2,119,319  
Nov          :   652,876          16/          16/       1,669,316   2,322,192  
Dec          :   612,803          16/          16/       1,487,270   2,100,073  
             :                                                                  
Jan 1996     :   524,632          16/          16/       1,263,349   1,787,981  
Feb          :   369,642          16/          16/       1,096,105   1,465,747  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :   298,022    16/            16/           1,237,006   1,535,028  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
   Table 4.  Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's   
                             End, Crop of 1995-96 1/                            
------------------------------------------------------------------------------- 
             :           Shelled Edibles 19/      : Shelled :        :          
  Month      :------------------------------------:   Oil   :  Total :Roasting  
  Ending     :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/ 
------------------------------------------------------------------------------- 
             :                           1,000 Pounds                           
             :                                                                  
Aug 1995     : 153,869   398,019   32,654   584,542   82,590  667,132   53,871  
Sep          : 135,963   318,190   27,095   481,248   55,813  537,061   35,063  
Oct          : 128,606   270,982   26,353   425,941   57,333  483,274   34,772  
Nov          : 128,402   250,521   25,340   404,263   44,440  448,703   37,797  
Dec          : 134,765   281,007   28,485   444,257   25,491  469,748   40,230  
             :                                                                  
Jan 1996     : 136,214   310,252   27,519   473,985   23,017  497,002   39,732  
Feb          : 143,594   325,462   24,739   493,795   18,730  512,525   49,672  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    : 176,843   500,837   45,222   722,902   16,459  739,361   84,536  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
         Table 5.  Farmer Stock Peanuts Milled (Net Weight), by Months,         
                               Crop of 1995-96 18/                              
------------------------------------------------------------------------------- 
          :         :         :         Spanish (by Areas)          :           
          :         :         :-------------------------------------:   Total   
 Month    :Virginias: Runners :Virginia:        :         :         :    All    
 Ending   :         :         :  North :  South :  South  :  Total  :   Types   
          :         :         :Carolina:  East  :  West   :         :           
------------------------------------------------------------------------------- 
          :                            1,000 Pounds                             
          :                                                                     
Aug 1995  :   4,212     33,202       0         0      326       326     37,740  
Sep       :  11,862     37,536       0         0      180       180     49,578  
Oct       :  82,870    125,994       0         0   17,488    17,488    226,352  
Nov       :  76,930    157,188       0         0   17,926    17,926    252,044  
Dec       :  70,480    178,082       0         0   11,552    11,552    260,114  
          :                                                                     
Jan 1996  :  68,466    238,606       0         0   14,088    14,088    321,160  
Feb       :  60,246    197,770       0         0    4,212     4,212    262,228  
Mar       :                                                                     
Apr       :                                                                     
May       :                                                                     
Jun       :                                                                     
Jul       :                                                                     
          :                                                                     
Same Month:                                                                     
Last Seas :  87,704    241,972       0         0   22,718    22,718    352,394  
          :                                                                     
Seas Total: 375,066    968,378       0         0   65,772    65,772  1,409,216  
          :                                                                     
94 To Date: 566,464  1,179,696       0         0  116,780   116,780  1,862,940  
------------------------------------------------------------------------------- 
                                                                                
                                                                                
                                                                                
     Table 6.  Production of Shelled and Roasting Stock (In Shell) Peanuts,     
                        by Months, Crop of 1995-96                              
------------------------------------------------------------------------------- 
          :           Shelled Edibles 18/       : Shelled :         :           
  Month   :-------------------------------------:   Oil   :  Total  :Roasting   
  Ending  :Virginias: Runners :Spanish:  Total  :Stocks 4/: Shelled :Stocks 5/  
------------------------------------------------------------------------------- 
          :                          1,000 Pounds                               
          :                                                                     
Aug 1995  :     679     4,469     170      5,318    24,249     29,567    3,109  
Sep       :   3,168    23,213      98     26,479    10,833     37,312    5,197  
Oct       :  35,462    83,610  12,369    131,441    17,638    149,079   33,065  
Nov       :  31,824   102,118  10,503    144,445    23,944    168,389   33,137  
Dec       :  27,954   107,018   8,048    143,020    35,781    178,801   19,824  
          :                                                                     
Jan 1996  :  28,424   142,113   6,432    176,969    53,822    230,791   17,964  
Feb       :  23,060   121,024   1,410    145,494    46,609    192,103   21,586  
Mar       :                                                                     
Apr       :                                                                     
May       :                                                                     
Jun       :                                                                     
Jul       :                                                                     
          :                                                                     
Same Month:                                                                     
Last Seas :  36,500   152,838  14,605    203,943    50,949    254,892   30,184  
          :                                                                     
Seas Total: 150,571   583,565  39,030    773,166   212,876    986,042  133,882  
          :                                                                     
94 To Date: 227,783   760,019  71,083  1,058,885   203,879  1,262,764  206,454  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
     Table 7.  Shelled Peanuts Crushed, Production and Stocks of Peanut Oil     
                and Cake and Meal, by Months, Crop of 1995-96 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 1995     :    56,705     25,473       31,056       19,569       13,218      
Sep          :    39,283     16,743       21,439       19,934       10,448      
Oct          :    32,414     13,156       18,216       14,195        6,321      
Nov          :    45,126     19,053       22,273       12,720        3,711      
Dec          :    56,140     23,954       32,109       14,189        6,051      
             :                                                                  
Jan 1996     :    67,391     28,521       38,660       20,772        6,490      
Feb          :    66,538     27,853       37,986       19,861        7,868      
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :    67,580     29,354       37,551        5,961       21,350      
             :                                                                  
Seas Total   :   363,597    154,753      201,739         --           --        
             :                                                                  
94 To Date   :   336,493    141,918      190,303         --           --        
------------------------------------------------------------------------------- 
                                                                                
                                                                                
                                                                                
     Table 8.  Apparent Disappearance of Milled Peanut Products, by Months,     
                              Crop of 1995-96 9/                                
------------------------------------------------------------------------------- 
             :         Shelled Peanuts         :          :         :           
  Month      :---------------------------------: Roasting : Crude   : Cake &    
  Ending     :  Edible  :   Oil    :           :  Stock   : Peanut  :  Meal     
             :  Grades  :  Stocks  :   Total   :          : Oil 7/  :   7/      
------------------------------------------------------------------------------- 
             :                            1,000 Pounds                          
             :                                                                  
Aug 1995     :   173,590     (153)     173,437     19,858    25,667     32,748  
Sep          :   129,773    37,610     167,383     24,005    16,378     24,209  
Oct          :   186,748    16,118     202,866     33,356    18,895     22,343  
Nov          :   166,123    36,837     202,960     30,112    20,528     24,883  
Dec          :   103,026    54,730     157,756     17,391    22,485     29,769  
             :                                                                  
Jan 1996     :   147,241    56,296     203,537     18,462    21,938     38,221  
Feb          :   125,684    50,896     176,580     11,646    28,764     36,608  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :   134,573    54,445     189,018      9,028    26,405     39,568  
             :                                                                  
Seas Total   : 1,032,185   252,334   1,284,519    154,830   154,655    208,781  
             :                                                                  
94 To Date   : 1,015,622   229,474   1,245,096    155,603   140,229    182,358  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
                                                                                
Table 9.  Shelled Peanuts (Raw Basis) Used in Primary Products,                 
     And In Shell Peanuts, by Months, Crop of 1995-96 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 1995     :  35,685   21,422   78,291     2,949   138,347   195,052   10,849 
Sep          :  34,503   26,161   61,321     2,648   124,633   163,916   12,783 
Oct          :  25,884   30,189   61,478     3,505   121,056   153,470   14,370 
Nov          :  39,310   26,633   61,350     2,185   129,478   174,604   11,693 
Dec          :  24,684   24,668   53,824     2,415   105,591   161,731   10,840 
             :                                                                  
Jan 1996     :  25,010   21,462   60,276     3,287   110,035   177,426   11,621 
Feb          :  26,674   16,181   60,515     3,751   107,121   173,659    5,983 
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :  27,964   14,246   54,788     2,166    99,164   166,744    7,203 
             :                                                                  
Seas Total   : 211,750  166,716  437,055    20,740   836,261 1,199,858   78,139 
             :                                                                  
94 To Date   : 210,423  195,018  434,082    22,592   862,115 1,198,608   75,558 
------------------------------------------------------------------------------- 
                                                                                
                                                                                
   Table 10.  Virginias Shelled Peanuts (Raw Basis) Used in Primary Products,   
                         by Months, Crop of 1995-96 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
   Month     :             :            :          :            :               
   Ending    :   Peanut    :   Snack    :  Peanut  :   Other    :               
             :   Candy     :  Peanuts   :  Butter  :  Products  :   Total       
             :    11/      :    10/     :   12/    :            :               
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1995     :      4,143       6,368       6,726        1,677      18,914      
Sep          :      2,955       9,534       7,106          896      20,491      
Oct          :      1,958      10,306       7,347        1,852      21,463      
Nov          :      2,226      10,136       6,663        1,168      20,193      
Dec          :      1,234       8,748       4,963        1,474      16,419      
             :                                                                  
Jan 1996     :      1,448       8,464       5,748          778      16,438      
Feb          :      1,379       5,322       7,533        2,247      16,481      
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :      1,197       4,354       5,086        1,484      12,121      
             :                                                                  
Seas Total   :     15,343      58,878      46,086       10,092     130,399      
             :                                                                  
94 To Date   :     14,047      63,937      29,476        8,793     116,253      
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
    Table 11.  Runners Shelled Peanuts (Raw Basis) Used in Primary Products,    
                         by Months, Crop of 1995-96 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
   Month     :             :           :           :              :             
   Ending    :   Peanut    :   Snack   :   Peanut  :    Other     :             
             :   Candy     :  Peanuts  :   Butter  :   Products   :  Total      
             :    11/      :    10/    :     12/   :              :             
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1995     :     29,007      13,570      70,311           824     113,712     
Sep          :     29,460      15,490      53,308         1,327      99,585     
Oct          :     21,876      17,969      52,342         1,511      93,698     
Nov          :     35,382      15,035      52,054         1,006     103,477     
Dec          :     21,984      14,601      46,510           619      83,714     
             :                                                                  
Jan 1996     :     22,376      11,560      52,853         2,463      89,252     
Feb          :     23,765       9,924      51,263         1,168      86,120     
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :     24,966       8,878      49,240           409      83,493     
             :                                                                  
Seas Total   :    183,850      98,149     378,641         8,918     669,558     
             :                                                                  
94 To Date   :    186,589     117,668     395,703        13,036     712,996     
------------------------------------------------------------------------------- 
                                                                                
                                                                                
    Table 12.  Spanish Shelled Peanuts (Raw Basis) Used in Primary Products,    
                         by Months, Crop of 1995-96 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
    Month    :             :           :          :            :                
    Ending   :   Peanut    :   Snack   :  Peanut  :   Other    :                
             :   Candy     :  Peanuts  :  Butter  :  Products  :     Total      
             :    11/      :    10/    :    12/   :            :                
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1995     :      2,535       1,484      1,254          448         5,721     
Sep          :      2,088       1,137        907          425         4,557     
Oct          :      2,050       1,914      1,789          142         5,895     
Nov          :      1,702       1,462      2,633           11         5,808     
Dec          :      1,466       1,319      2,351          322         5,458     
             :                                                                  
Jan 1996     :      1,186       1,438      1,675           46         4,345     
Feb          :      1,530         935      1,719          336         4,520     
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :      1,801       1,014        462          273         3,550     
             :                                                                  
Seas Total   :     12,557       9,689     12,328        1,730        36,304     
             :                                                                  
94 To Date   :      9,787      13,413      8,903          763        32,866     
------------------------------------------------------------------------------- 
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 p.m. ET    
on April 30, 1996.                                                              
                                                                                
                                                                                
The United States Department of Agriculture (USDA) prohibits discrimination in  
its programs on the basis of race, color, national origin, sex, religion, age,  
disability, political beliefs, and marital or familial status.  Persons with    
disabilities who require alternative means for communication of program         
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