Peanut Stocks and Processing National Agricultural Statistics Service USDA Washington, D.C. Released December 29, 1998, 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 Oct 31, 1998; all other data are for the month of October. Stocks estimates refer to November 30, 1998; all other data are for the month of November. Peanut Stocks Up 15 Percent From Last Year Peanut stocks in commercial storage totaled 2.85 billion pounds of equivalent farmer stock, compared to 2.46 billion pounds last year. This total includes 2.22 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 590 million pounds of equivalent farmer stock. Roasting stock totaled 34.4 million pounds. There were 266 million pounds of Commodity Credit Corporation uncommitted stocks on hand as of November 30, 1998. Shelled peanut stocks totaled 444 million pounds of which 425 million pounds were edible grades and 19.3 million pounds were oil stocks. Edible grade stocks by type were: Virginia 106 million pounds; Runners, 290 million pounds; and Spanish, 28.0 million pounds. November millings totaled 496 million pounds. Millings by type were 129 million pounds of Virginia, 350 million pounds of Runners, and 16.2 million pounds Spanish. Commercial processors utilized 127 million pounds of shelled edible grade peanuts during November. Utilization for all peanut butter products was 57.5 million pounds, utilization for peanut candy was 28.7 million pounds, and utilization for snack peanuts was 39.2 million pounds. Crushing for oil, cake, and meal totaled 28.2 million pounds during the month. Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2,144,863 pounds of peanut butter, and 50,454 pounds of roasted peanuts during November. There were no deliveries of peanut granules during the month. Stocks of treated seed on hand November 30 totaled 157,000 pounds, compared with 162,000 pounds on October 31, 1998. Of the November total, 59,000 pounds were Virginias and Valencia, 84,000 pounds were Runners, and 14,000 pounds were Spanish. October stocks of treated seed included 59,000 pounds of Virginias and Valencia, 89,000 million pounds of Runners, and 14,000 pounds of Spanish. Gr Lg 6 (12-98) 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 : 2,220,885 443,850 34,410 590,321 2,845,616 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,980,153 343,790 26,865 457,241 2,464,259 ------------------------------------------------------------------------------- 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) : Month : : :-----------------------------------: Total Ending :Virginias: Runners :Virginia: : : : All : : : 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 : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 332,477 1,573,204 0 37 74,435 74,472 1,980,153 ------------------------------------------------------------------------------- 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 : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 141,907 16/ 16/ 1,838,246 1,980,153 ------------------------------------------------------------------------------- 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 : 106,090 290,497 27,957 424,544 19,306 443,850 34,410 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 74,531 228,404 31,841 334,776 9,014 343,790 26,865 ------------------------------------------------------------------------------- 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 : 129,312 350,080 0 0 16,206 16,206 495,598 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 95,958 189,354 0 0 24,764 24,764 310,076 : Seas Total: 281,904 712,772 0 0 34,808 34,808 1,029,484 : 97 To Date: 215,372 536,146 0 0 49,188 49,188 800,706 ------------------------------------------------------------------------------- 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 : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 35,291 131,163 16,811 183,265 20,201 203,466 36,190 : Seas Total: 91,811 385,857 21,007 498,675 62,871 561,546 90,152 : 97 To Date: 79,516 355,727 33,082 468,325 63,132 531,457 85,344 ------------------------------------------------------------------------------- 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 : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 27,744 11,885 14,448 19,035 9,462 : Seas Total : 67,526 28,118 38,460 -- -- : 97 To Date : 108,330 45,393 59,442 -- -- ------------------------------------------------------------------------------- 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 : 147,986 24,433 172,419 20,046 16,225 15,846 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 140,203 22,943 163,146 25,933 13,208 11,530 : Seas Total : 654,501 57,656 712,157 86,310 46,990 50,930 : 97 To Date : 632,503 95,118 727,621 112,250 49,294 58,271 ------------------------------------------------------------------------------- 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 : 28,678 39,233 57,454 1,669 127,034 155,192 12,807 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 24,038 30,798 61,079 1,875 117,790 145,534 13,696 : Seas Total : 145,417 135,686 253,561 10,235 544,899 612,425 53,951 : 97 To Date : 128,979 121,199 277,222 11,431 538,831 647,161 55,096 ------------------------------------------------------------------------------- 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 : 3,021 7,513 5,060 121 15,715 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,496 8,920 4,926 1,133 16,475 : Seas Total : 16,404 30,384 20,108 1,675 68,571 : 97 To Date : 9,070 37,318 18,495 5,362 70,245 ------------------------------------------------------------------------------- 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 : 23,959 29,719 50,478 1,482 105,638 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 21,244 20,043 53,737 542 95,566 : Seas Total : 121,336 98,512 226,222 8,248 454,318 : 97 To Date : 114,547 75,324 246,941 5,578 442,390 ------------------------------------------------------------------------------- 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 : 1,698 2,001 1,916 66 5,681 Dec : : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,298 1,835 2,416 200 5,749 : Seas Total : 7,677 6,790 7,231 312 22,010 : 97 To Date : 5,362 8,557 11,786 491 26,196 ------------------------------------------------------------------------------- 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 January 27, 1999. 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