Peanuts Stocks: Utilization Up 3%, 4.6Bln Pounds in Storage

Peanuts. Photo: Oklahoma State University

Peanut stocks reported in commercial storage on December 31, 2019 totaled 4.60 billion pounds of equivalent farmer stock, compared with 5.06 billion pounds a year ago. This total includes 3.86 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 717 million pounds of farmer stock equivalent. Roasting stock totaled 28.8 million pounds.

Shelled peanut stocks totaled 539 million pounds of which 514 million pounds were edible grades and 24.9 million pounds were oil stocks. Edible grade stocks by type included 87.7 million pounds of Virginias and Valencias, 384 million pounds of Runners, and 42.3 million pounds of Spanish.

Millings in December totaled 297 million pounds. Millings by type were 48.1 million pounds of Virginias and Valencias, 241 million pounds of Runners, and 8.14 million pounds of Spanish.

Commercial processors utilized 180 million pounds of shelled edible grade peanuts during December. Utilization by type was 108 million pounds for all peanut butter products, 26.4 million pounds for peanut candy, and 38.4 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 37.2 million pounds during the month.

Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2.25 million pounds of peanut butter during December.

Stocks of treated seed on hand December 31, 2019 totaled 203 thousand pounds, equal to the 203 thousand pounds on November 30, 2019. Of the December total, 133 thousand pounds were Runners. November stocks of treated seed included 133 thousand pounds of Runners.

Stocks estimates refer to December 31, 2019. All other data are for the month of December.

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