Peanut Stocks and Processing National Agricultural Statistics Service USDA Washington, D.C. Released January 27, 1999, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Peanut Stocks and Processing" call Herman Ellison at (202) 720-7688, office hours 7:30 a.m. to 4:00 p.m. ET. Stocks estimates refer to December 31, 1998; all other data are for the month of December. Peanut Stocks Up 18 Percent From Last Year Peanut stocks in commercial storage totaled 2.78 billion pounds of equivalent farmer stock, compared to 2.35 billion pounds last year. This total includes 2.03 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 718 million pounds of equivalent farmer stock. Roasting stock totaled 36.3 million pounds. There were 292 million pounds of Commodity Credit Corporation uncommitted stocks on hand as of December 31, 1998. Shelled peanut stocks totaled 540 million pounds of which 516 million pounds were edible grades and 23.5 million pounds were oil stocks. Edible grade stocks by type were: Virginias 125 million pounds; Runners, 353 million pounds; and Spanish, 38.3 million pounds. December millings totaled 307 million pounds. Millings by type were 83.2 million pounds of Virginias, 200 million pounds of Runners, and 23.8 million pounds of Spanish. Commercial processors utilized 148 million pounds of shelled edible grade peanuts during December. Utilization for all peanut butter products was 60.5 million pounds, utilization for peanut candy was 22.6 million pounds, and utilization for snack peanuts was 31.5 million pounds. Crushing for oil, cake, and meal totaled 32.4 million pounds during the month. Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1,785,642 pounds of peanut butter, and 120,474 pounds of roasted peanuts during December. There were no deliveries of peanut granules during the month. Stocks of treated seed on hand December 31 totaled 241,000 pounds, compared with 157,000 pounds on November 30, 1998. Of the December total,143,000 pounds were Virginias and Valencias, 84,000 pounds were Runners, and 14,000 pounds were Spanish. November stocks of treated seed included 59,000 pounds of Virginias and Valencias, 84,000 pounds of Runners, and 14,000 pounds of Spanish. Gr Lg 6 (1-99) Table 1. Stocks of Peanuts and Specified Products at Month's End, Crop of 1998-99 1/ ------------------------------------------------------------------------------- : : : : Farmer Stock Equivalent Month : Farmer : Shelled : Roasting :-------------------------- Ending : Stock : Peanuts : Stock : Shelled : Total : : 2/ : (In Shell) : Peanuts : 3/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 9,250 436,875 18,306 581,044 608,600 Sep : 409,108 303,091 12,153 403,111 824,372 Oct : 2,087,806 384,954 23,193 511,989 2,622,988 Nov : 2,220,885 447,464 34,411 595,127 2,850,423 Dec : 2,030,969 539,532 36,348 717,578 2,784,895 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,779,085 401,322 37,328 533,758 2,350,171 ------------------------------------------------------------------------------- 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 : 372,225 1,644,059 0 0 14,685 14,685 2,030,969 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 313,240 1,406,304 0 37 59,504 59,541 1,779,085 ------------------------------------------------------------------------------- See footnotes on page 8. Table 3. Total Farmer Stock Peanuts on Hand at Month's End, Crop of 1998-99 1/ ------------------------------------------------------------------------------- : : Commercial Stocks : Equivalent Month : CCC :--------------------------------------------------- Ending : Uncommitted : Restricted : Other : :Total Farmer : Stocks : Use 17/ : Commercial : Total : Stock ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 0 16/ 16/ 9,250 9,250 Sep : 18,844 16/ 16/ 390,264 409,108 Oct : 101,644 16/ 16/ 1,986,162 2,087,806 Nov : 266,319 16/ 16/ 1,954,566 2,220,885 Dec : 292,328 16/ 16/ 1,738,641 2,030,969 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 107,295 16/ 16/ 1,671,790 1,779,085 ------------------------------------------------------------------------------- See footnotes on page 8. Table 4. Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's End, Crop of 1998-99 1/ ------------------------------------------------------------------------------- : Shelled Edibles 19/ : Shelled : : Month :------------------------------------: Oil : Total :Roasting Ending :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 70,264 327,484 29,761 427,509 9,366 436,875 18,306 Sep : 49,594 222,696 22,388 294,678 8,413 303,091 12,153 Oct : 81,336 257,878 24,947 364,161 20,793 384,954 23,193 Nov : 103,814 297,045 27,299 428,158 19,306 447,464 34,411 Dec : 124,910 352,826 38,336 516,072 23,460 539,532 36,348 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 78,366 266,980 38,111 383,457 17,865 401,322 37,328 ------------------------------------------------------------------------------- See footnotes on page 8. Table 5. Farmer Stock Peanuts Milled (Net Weight), by Months, Crop of 1998-99 18/ ------------------------------------------------------------------------------- : : : Spanish (by Areas) : : : :-------------------------------------: Total Month :Virginias: Runners :Virginia: : : : All Ending : : : North : South : South : Total : Types : : :Carolina: East : West : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 3,486 15,438 0 0 0 0 18,924 Sep : 12,756 62,842 0 0 890 890 76,488 Oct : 136,350 284,412 0 0 17,712 17,712 438,474 Nov : 94,988 233,958 0 0 13,584 13,584 342,530 Dec : 83,202 200,262 0 0 23,794 23,794 307,258 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 73,350 215,242 0 0 23,334 23,334 311,926 : Seas Total: 330,782 796,912 0 0 55,980 55,980 1,183,674 : 97 To Date: 288,722 751,388 0 0 72,522 72,522 1,112,632 ------------------------------------------------------------------------------- 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 : 39,282 140,737 15,681 195,700 19,047 214,747 21,466 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 22,942 148,809 15,516 187,267 23,770 211,037 29,984 : Seas Total: 131,093 526,594 36,688 694,375 81,918 776,293 111,618 : 97 To Date: 102,458 504,536 48,598 655,592 86,902 742,494 115,328 ------------------------------------------------------------------------------- See footnotes on page 8. Table 7. Shelled Peanuts Crushed, Production and Stocks of Peanut Oil and Cake and Meal, by Months, Crop of 1998-99 7/ ------------------------------------------------------------------------------- : Shelled : Production : Stocks (End of Period) Month : Peanuts :------------------------------------------------------ Ending :Crushed 8/: Crude Oil : Cake & Meal :Crude Oil 7/:Cake & Meal 7/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 13,711 5,640 7,138 28,597 21,245 Sep : 11,010 4,803 6,193 19,508 23,901 Oct : 14,647 6,346 8,300 15,321 10,551 Nov : 28,158 11,329 16,829 10,425 11,534 Dec : 32,428 13,344 19,085 9,375 8,398 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 31,380 13,684 17,270 17,861 14,689 : Seas Total : 99,954 41,462 57,545 -- -- : 97 To Date : 139,710 59,077 76,712 -- -- ------------------------------------------------------------------------------- Table 8. Apparent Disappearance of Milled Peanut Products, by Months, Crop of 1998-99 9/ ------------------------------------------------------------------------------- : Shelled Peanuts : : : Month :---------------------------------: Roasting : Crude : Cake & Ending : Edible : Oil : : Stock : Peanut : Meal : Grades : Stocks : Total : : Oil 7/ : 7/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 163,554 7,921 171,475 13,142 6,340 9,897 Sep : 174,904 11,465 186,369 12,267 13,892 3,537 Oct : 168,057 13,837 181,894 40,855 10,533 21,650 Nov : 144,372 24,433 168,805 20,045 16,225 15,846 Dec : 107,786 14,893 122,679 19,529 14,394 22,221 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 138,586 14,919 153,505 19,521 14,858 12,043 : Seas Total : 758,673 72,549 831,222 105,838 61,384 73,151 : 97 To Date : 771,089 110,037 881,126 131,771 64,152 70,314 ------------------------------------------------------------------------------- See footnotes on page 8. Table 9. Shelled Peanuts (Raw Basis) Used in Primary Products, And in Shell Peanuts, by Months, Crop of 1998-99 6/ ------------------------------------------------------------------------------- : Edible Grades Used In 19/ : : :----------------------------------------------: : Month : : : : : : Total : Ending : Peanut : Snack : Peanut : Other : : All :In Shell : Candy :Peanuts: Butter :Products: Total : Grades : Peanuts : 11/ : 10/ : 12/ : : : 13/ : 14/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 33,492 28,550 66,912 3,083 132,037 145,748 12,369 Sep : 36,898 35,334 63,289 2,939 138,460 149,470 13,398 Oct : 46,349 32,569 65,906 2,544 147,368 162,015 15,377 Nov : 28,671 31,865 57,457 1,669 119,662 147,820 12,801 Dec : 22,553 31,533 60,503 1,201 115,790 148,218 12,394 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 19,639 25,178 61,877 2,637 109,331 140,711 14,082 : Seas Total : 167,963 159,851 314,067 11,436 653,317 753,271 66,339 : 97 To Date : 148,618 146,377 339,099 14,068 648,162 787,872 69,178 ------------------------------------------------------------------------------- Table 10. Virginias Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1998-99 15/ ------------------------------------------------------------------------------- : Edible Grades Used In 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 3,459 6,442 4,112 115 14,128 Sep : 2,502 9,744 4,949 664 17,859 Oct : 7,422 6,685 5,987 775 20,869 Nov : 3,009 7,746 5,068 121 15,944 Dec : 2,133 8,183 3,556 72 13,944 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,220 5,472 6,105 1,363 14,160 : Seas Total : 18,525 38,800 23,672 1,747 82,744 : 97 To Date : 10,290 42,790 24,600 6,725 84,405 ------------------------------------------------------------------------------- See footnotes on page 8. Table 11. Runners Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1998-99 15/ ------------------------------------------------------------------------------- : Edible Grades Used In 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 28,190 20,578 61,106 2,921 112,795 Sep : 31,968 24,249 56,100 2,175 114,492 Oct : 37,219 23,966 58,538 1,670 121,393 Nov : 23,962 21,921 50,473 1,482 97,838 Dec : 18,927 21,579 54,804 1,030 96,340 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 16,821 17,806 52,806 1,253 88,686 : Seas Total : 140,266 112,293 281,021 9,278 542,858 : 97 To Date : 131,368 93,130 299,747 6,831 531,076 ------------------------------------------------------------------------------- Table 12. Spanish Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1998-99 15/ ------------------------------------------------------------------------------- : Edible Grades Used In 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1998 : 1,843 1,530 1,694 47 5,114 Sep : 2,428 1,341 2,240 100 6,109 Oct : 1,708 1,918 1,381 99 5,106 Nov : 1,700 2,198 1,916 66 5,880 Dec : 1,493 1,771 2,143 99 5,506 : Jan 1999 : Feb : Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,598 1,900 2,966 21 6,485 : Seas Total : 9,172 8,758 9,374 411 27,715 : 97 To Date : 6,960 10,457 14,752 512 32,681 ------------------------------------------------------------------------------- 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 February 26, 1999. 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