HDR1012000110061029961500PEANUT STOCKS AND PROCESSING                           
Peanut Stocks                                                                   
and Processing                                                                  
                                                                                
National                                                                        
Agricultural                                                                    
Statistics                                                                      
Service                                                                         
                                                                                
USDA                                                                            
Washington, D.C.                                                                
                                                                                
                                                                                
Released October 29, 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 Rater at             
(202) 720-7688, office hours 7:30 a.m. to 4:00 p.m. ET.  For assistance with    
general agricultural statistics, information about NASS, its products or        
services, contact the Agricultural Statistics Hotline at 1-800-727-9540 or      
E-mail: NASS@NASS.USDA.GOV.  The "Peanut Stocks and Processing" report is       
available on AutoFax, (202) 720-2000, report 1700.  See back page.              
                                                                                
Stocks estimates refer to September 30, 1996; all other data are for the month  
of September.                                                                   
                                                                                
            Peanut Stocks Down 48 Percent From Last Year                        
                                                                                
Peanut stocks in commercial storage totaled 871 million pounds of equivalent    
farmer stock, compared to 1.68 billion pounds last year.  This total includes   
532 million pounds of actual farmer stock.                                      
                                                                                
Shelled peanuts on hand totaled 329 million pounds of equivalent farmer stock.  
Roasting stock totaled 9.58 million pounds. There were 15.2 million pounds of   
Commodity Credit Corporation uncommitted stocks on hand as of September 30,     
1996.                                                                           
                                                                                
Shelled peanut stocks totaled 247 million pounds of which 173 million pounds    
were edible grades and 74.7 million pounds were oil stocks.  Edible grade stocks
by type were:  Virginias, 41.0 million pounds;  Runners, 121 million pounds; and
Spanish, 10.5 million pounds.                                                   
                                                                                
September millings totaled 129 million pounds.  Millings by type were 12.9      
million pounds of Virginias, 112 million pounds of Runners, and 3.77 million    
pounds of Spanish.                                                              
                                                                                
Commercial processors utilized 122 million pounds of shelled edible grade       
peanuts during September. Utilization for all peanut butter products was        
58.9 million pounds, utilization for peanut candy was 29.8 million pounds, and  
utilization for snack peanuts was 30.4 million pounds.  Crushing for oil, cake, 
and meal totaled 61.6 million pounds during the month.                          
                                                                                
Deliveries under the Government Domestic Feeding and Child Nutrition Programs   
amounted to 2,928,126 pounds of peanut butter, and 208,080 pounds of roasted    
peanuts during September.  There were no deliveries of peanut granules during   
the month.                                                                      
                                                                                
Stocks of treated seed on hand September 30 totaled 155,000 pounds, compared    
with 162,000 pounds on August 31, 1996.  Of the September total, 65,000 pounds  
were Virginias and Valencias, 68,000 pounds were Runners, and 22,000 pounds were
Spanish.  August stocks of treated seed included 65,000 pounds of Virginias and 
Valencias, 75,000 pounds of Runners, and 22,000 pounds of Spanish.              
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
Gr Lg 6 (10-96)                                                                 
                                                                                
       Table 1.  Stocks of Peanuts and Specified Products at Month's End,       
                               Crop of 1996-97 1/                               
------------------------------------------------------------------------------- 
             :            :            :            : Farmer Stock Equivalent   
  Month      :   Farmer   :  Shelled   :  Roasting  :-------------------------- 
  Ending     :   Stock    :  Peanuts   :   Stock    :   Shelled   :  Total      
             :            :    2/      : (In Shell) :   Peanuts   :    3/       
------------------------------------------------------------------------------- 
             :                          1,000 Pounds                            
             :                                                                  
Aug 1996     :      44,358      332,301       17,538      441,960      503,856  
Sep          :     532,084      247,475        9,575      329,142      870,801  
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :     933,403      537,061       35,063      714,291    1,682,757  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
       Table 2.  Farmer Stock Peanuts, by Types, on Hand at Month's End,        
                               Crop of 1996-97 1/                               
------------------------------------------------------------------------------- 
             :         :         :         Spanish (by Areas)        :          
  Month      :         :         :-----------------------------------:  Total   
  Ending     :Virginias: Runners :Virginia:       :        :         :   All    
             :         :         :  North : South :  South :  Total  :  Types   
             :         :         :Carolina: East  :  West  :         :          
------------------------------------------------------------------------------- 
             :                           1,000 Pounds                           
             :                                                                  
Aug 1996     :       0     44,358      0        0         0        0     44,358 
Sep          :  33,614    493,940      0        0     4,530    4,530    532,084 
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :  37,544    888,947      0    1,887     5,025    6,912    933,403 
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
          Table 3.  Total Farmer Stock Peanuts on Hand at Month's End,          
                               Crop of 1996-97 1/                               
------------------------------------------------------------------------------- 
             :             :             Commercial Stocks        : Equivalent  
  Month      :     CCC     :--------------------------------------------------- 
  Ending     : Uncommitted : Restricted  :    Other     :         :Total Farmer 
             :   Stocks    :   Use 17/   :  Commercial  :  Total  :   Stock     
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1996     :         0         16/           16/          44,358      44,358  
Sep          :    15,212         16/           16/         516,872     532,084  
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :   114,129         16/           16/         819,274     933,403  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
   Table 4.  Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's   
                             End, Crop of 1996-97 1/                            
------------------------------------------------------------------------------- 
             :           Shelled Edibles 19/      : Shelled :        :          
  Month      :------------------------------------:   Oil   :  Total :Roasting  
  Ending     :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/ 
------------------------------------------------------------------------------- 
             :                           1,000 Pounds                           
             :                                                                  
Aug 1996     :  60,976   146,653   25,353   232,982   99,319  332,301   17,538  
Sep          :  40,961   121,310   10,521   172,792   74,683  247,475    9,575  
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    : 135,963   318,190   27,095   481,248   55,813  537,061   35,063  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
         Table 5.  Farmer Stock Peanuts Milled (Net Weight), by Months,         
                               Crop of 1996-97 18/                              
------------------------------------------------------------------------------- 
          :         :         :         Spanish (by Areas)          :           
          :         :         :-------------------------------------:   Total   
 Month    :Virginias: Runners :Virginia:        :         :         :    All    
 Ending   :         :         :  North :  South :  South  :  Total  :   Types   
          :         :         :Carolina:  East  :  West   :         :           
------------------------------------------------------------------------------- 
          :                            1,000 Pounds                             
          :                                                                     
Aug 1996  :     480     31,294       0         0        0         0     31,774  
Sep       :  12,944    111,822       0         0    3,766     3,766    128,532  
Oct       :                                                                     
Nov       :                                                                     
Dec       :                                                                     
          :                                                                     
Jan 1997  :                                                                     
Feb       :                                                                     
Mar       :                                                                     
Apr       :                                                                     
May       :                                                                     
Jun       :                                                                     
Jul       :                                                                     
          :                                                                     
Same Month:                                                                     
Last Seas :  11,862     37,536       0         0      180       180     49,578  
          :                                                                     
Seas Total:  13,424    143,116       0         0    3,766     3,766    160,306  
          :                                                                     
95 To Date:  16,074     70,738       0         0      506       506     87,318  
------------------------------------------------------------------------------- 
                                                                                
                                                                                
     Table 6.  Production of Shelled and Roasting Stock (In Shell) Peanuts,     
                        by Months, Crop of 1996-97                              
------------------------------------------------------------------------------- 
          :           Shelled Edibles 18/       : Shelled :         :           
  Month   :-------------------------------------:   Oil   :  Total  :Roasting   
  Ending  :Virginias: Runners :Spanish:  Total  :Stocks 4/: Shelled :Stocks 5/  
------------------------------------------------------------------------------- 
          :                          1,000 Pounds                               
          :                                                                     
Aug 1996  :      48       500       0        548    23,614     24,162      711  
Sep       :   3,923    53,181   1,917     59,021    31,870     90,891    6,754  
Oct       :                                                                     
Nov       :                                                                     
Dec       :                                                                     
          :                                                                     
Jan 1997  :                                                                     
Feb       :                                                                     
Mar       :                                                                     
Apr       :                                                                     
May       :                                                                     
Jun       :                                                                     
Jul       :                                                                     
          :                                                                     
Same Month:                                                                     
Last Seas :   3,168    23,213      98     26,479    10,833     37,312    5,197  
          :                                                                     
Seas Total:   3,971    53,681   1,917     59,569    55,484    115,053    7,465  
          :                                                                     
95 To Date:   3,847    27,682     268     31,797    35,082     66,879    8,306  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
     Table 7.  Shelled Peanuts Crushed, Production and Stocks of Peanut Oil     
                and Cake and Meal, by Months, Crop of 1996-97 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 1996     :    61,896     26,423       33,873       25,823        6,289      
Sep          :    61,591     26,601       34,165       29,719        8,619      
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :    39,283     16,743       21,439       19,934       10,448      
             :                                                                  
Seas Total   :   123,487     53,024       68,038         --           --        
             :                                                                  
95 To Date   :    95,988     42,216       52,495         --           --        
------------------------------------------------------------------------------- 
                                                                                
                                                                                
     Table 8.  Apparent Disappearance of Milled Peanut Products, by Months,     
                              Crop of 1996-97 9/                                
------------------------------------------------------------------------------- 
             :         Shelled Peanuts         :          :         :           
  Month      :---------------------------------: Roasting : Crude   : Cake &    
  Ending     :  Edible  :   Oil    :           :  Stock   : Peanut  :  Meal     
             :  Grades  :  Stocks  :   Total   :          : Oil 7/  :   7/      
------------------------------------------------------------------------------- 
             :                            1,000 Pounds                          
             :                                                                  
Aug 1996     :   137,997    50,613     188,610     14,154    27,592     34,796  
Sep          :   119,211    56,506     175,717     14,717    22,705     31,835  
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :   129,773    37,610     167,383     24,005    16,378     24,209  
             :                                                                  
Seas Total   :   257,208   107,119     364,327     28,871    50,297     66,631  
             :                                                                  
95 To Date   :   303,363    37,457     340,820     43,863    42,045     56,957  
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
                                                                                
     Table 9.  Shelled Peanuts (Raw Basis) Used in Primary Products,            
               And In Shell Peanuts, by Months, Crop of 1996-97 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 1996     :  34,248   24,935   67,040     1,844   128,067   189,963    9,785 
Sep          :  29,759   30,436   58,917     2,964   122,076   183,667   10,744 
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :  34,503   26,161   61,321     2,648   124,633   163,916   12,783 
             :                                                                  
Seas Total   :  64,007   55,371  125,957     4,808   250,143   373,630   20,529 
             :                                                                  
95 To Date   :  70,188   47,583  139,612     5,597   262,980   358,968   23,632 
------------------------------------------------------------------------------- 
                                                                                
                                                                                
   Table 10.  Virginias Shelled Peanuts (Raw Basis) Used in Primary Products,   
                         by Months, Crop of 1996-97 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
   Month     :             :            :          :            :               
   Ending    :   Peanut    :   Snack    :  Peanut  :   Other    :               
             :   Candy     :  Peanuts   :  Butter  :  Products  :   Total       
             :    11/      :    10/     :   12/    :            :               
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1996     :      2,990       7,985       6,413          534      17,922      
Sep          :      2,912      10,301       6,200        1,413      20,826      
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :      2,955       9,534       7,106          896      20,491      
             :                                                                  
Seas Total   :      5,902      18,286      12,613        1,947      38,748      
             :                                                                  
95 To Date   :      7,098      15,902      13,832        2,573      39,405      
------------------------------------------------------------------------------- 
See footnotes on page 8.                                                        
                                                                                
    Table 11.  Runners Shelled Peanuts (Raw Basis) Used in Primary Products,    
                         by Months, Crop of 1996-97 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
   Month     :             :           :           :              :             
   Ending    :   Peanut    :   Snack   :   Peanut  :    Other     :             
             :   Candy     :  Peanuts  :   Butter  :   Products   :  Total      
             :    11/      :    10/    :     12/   :              :             
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1996     :     29,946      14,969      57,156         1,186     103,257     
Sep          :     26,436      18,081      48,472         1,414      94,403     
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :     29,460      15,490      53,308         1,327      99,585     
             :                                                                  
Seas Total   :     56,382      33,050     105,628         2,600     197,660     
             :                                                                  
95 To Date   :     58,467      29,060     123,619         2,151     213,297     
------------------------------------------------------------------------------- 
                                                                                
                                                                                
    Table 12.  Spanish Shelled Peanuts (Raw Basis) Used in Primary Products,    
                         by Months, Crop of 1996-97 15/                         
------------------------------------------------------------------------------- 
             :                        Edible Grades Used In 19/                 
             :----------------------------------------------------------------- 
    Month    :             :           :          :            :                
    Ending   :   Peanut    :   Snack   :  Peanut  :   Other    :                
             :   Candy     :  Peanuts  :  Butter  :  Products  :     Total      
             :    11/      :    10/    :    12/   :            :                
------------------------------------------------------------------------------- 
             :                             1,000 Pounds                         
             :                                                                  
Aug 1996     :      1,312       1,981      3,471          124         6,888     
Sep          :        411       2,054      4,245          137         6,847     
Oct          :                                                                  
Nov          :                                                                  
Dec          :                                                                  
             :                                                                  
Jan 1997     :                                                                  
Feb          :                                                                  
Mar          :                                                                  
Apr          :                                                                  
May          :                                                                  
Jun          :                                                                  
Jul          :                                                                  
             :                                                                  
Same Month   :                                                                  
Last Seas    :      2,088       1,137        907          425         4,557     
             :                                                                  
Seas Total   :      1,723       4,035      7,716          261        13,735     
             :                                                                  
95 To Date   :      4,623       2,621      2,161          873        10,278     
------------------------------------------------------------------------------- 
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 November 27, 1996.                                                           
                                                                                
                                                                                
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