Gr Lg 6 (3-00) Peanut Stocks and Processing National Agricultural Statistics Service USDA Washington, D.C. Released March 30, 2000 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 February 29, 2000; all other data are for the month of February. Peanut Stocks down 3 Percent From Last Year Peanut stocks in commercial storage totaled 2.92 billion pounds of equivalent farmer stock, compared to 3.00 billion pounds last year. This total includes 1.84 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 1.02 billion pounds of farmer stock equivalent. Roasting stock totaled 64.2 million pounds. There were 244 million pounds of Commodity Credit Corporation uncommitted stocks on hand as of February 29, 2000. Shelled peanut stocks totaled 765 million pounds of which 738 million pounds were edible grades and 27.2 million pounds were oil stocks. Edible grade stocks by type were 156 million pounds of Virginias, 537 million pounds of Runners, and 44.8 million pounds of Spanish. February millings totaled 382 million pounds. Millings by type were 88.9 million pounds of Virginias, 285 million pounds of Runners, and 7.80 million pounds of Spanish. Commercial processors utilized 164 million pounds of shelled edible grade peanuts during February. Utilization by type were 62.3 million pounds for all peanut butter products, 23.6 million pounds for peanut candy, and 25.0 million pounds for snack peanuts. Crushing for oil and cake and meal totaled 51.5 million pounds during the month. Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 1.91 million pounds of peanut butter and 81,324 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 1.03 million pounds, compared with 375,000 pounds on January 31, 2000. Of the February total, 775,000 pounds were Virginias and Valencias, 255,000 pounds were Runners, and 1,000 pounds were Spanish. January stocks of treated seed included 353,000 pounds of Virginias and Valencias, 21,000 pounds were Runners, and 1,000 pounds were Spanish. Table 1. Stocks of Peanuts and Specified Products at Month's End, Crop of 1999-2000 1/ ------------------------------------------------------------------------------- : : : : Farmer Stock Equivalent Month : Farmer : Shelled : Roasting :-------------------------- Ending : Stock : Peanuts : Stock : Shelled : Total : : 2/ : (In Shell) : Peanuts : 3/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 53,176 733,006 62,289 974,898 1,090,363 Sep : 1,022,860 584,566 45,015 777,473 1,845,348 Oct : 2,400,938 600,865 46,644 799,150 3,246,732 Nov : 2,879,822 592,535 50,656 788,072 3,718,550 Dec : 2,600,812 640,890 50,982 852,384 3,504,178 : Jan 2000 : 2,220,174 693,876 48,559 922,855 3,191,588 Feb : 1,835,328 765,096 64,244 1,017,578 2,917,150 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,948,020 741,006 61,790 985,538 2,995,348 ------------------------------------------------------------------------------- See footnotes on page 8. Table 2. Farmer Stock Peanuts, by Types, on Hand at Month's End, Crop of 1999-2000 1/ ------------------------------------------------------------------------------- : : : Spanish (by Areas) : Month : : :-----------------------------------: Total Ending :Virginias: Runners :Virginia: : : : All : : : North : South : South : Total : Types : : :Carolina: East : West : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 11,110 41,244 0 252 570 822 53,176 Sep : 14,837 1,004,103 0 0 3,920 3,920 1,022,860 Oct : 280,938 2,090,206 0 0 29,794 29,794 2,400,938 Nov : 417,985 2,422,893 0 0 38,944 38,944 2,879,822 Dec : 376,970 2,194,515 0 0 29,327 29,327 2,600,812 : Jan 2000 : 331,284 1,874,328 0 0 14,562 14,562 2,220,174 Feb : 270,552 1,556,296 0 0 8,480 8,480 1,835,328 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 330,194 1,614,235 0 122 3,469 3,591 1,948,020 ------------------------------------------------------------------------------- See footnotes on page 8. Table 3. Total Farmer Stock Peanuts on Hand at Month's End, Crop of 1999-2000 1/ ------------------------------------------------------------------------------- : : Commercial Stocks : Equivalent Month : CCC :--------------------------------------------------- Ending : Uncommitted : Restricted : Other : :Total Farmer : Stocks : Use 17/ : Commercial : Total : Stock ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 0 16/ 16/ 53,176 53,176 Sep : 100,687 16/ 16/ 922,173 1,022,860 Oct : 284,273 16/ 16/ 2,116,665 2,400,938 Nov : 380,129 16/ 16/ 2,499,693 2,879,822 Dec : 379,152 16/ 16/ 2,221,660 2,600,812 : Jan 2000 : 312,000 16/ 16/ 1,908,174 2,220,174 Feb : 244,323 16/ 16/ 1,591,005 1,835,328 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 292,424 16/ 16/ 1,655,596 1,948,020 ------------------------------------------------------------------------------- See footnotes on page 8. Table 4. Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's End, Crop of 1999-2000 1/ ------------------------------------------------------------------------------- : Shelled Edibles 19/ : Shelled : : Month :------------------------------------: Oil : Total :Roasting Ending :Virginias: Runners :Spanish : Total :Stocks 4/: Shelled:Stocks 5/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 124,493 574,729 21,308 720,530 12,476 733,006 62,289 Sep : 105,754 452,217 18,731 576,702 7,864 584,566 45,015 Oct : 86,039 480,861 22,279 589,179 11,686 600,865 46,644 Nov : 84,411 464,190 28,195 576,796 15,739 592,535 50,656 Dec : 121,126 471,893 29,206 622,225 18,665 640,890 50,982 : Jan 2000 : 141,321 491,708 35,107 668,136 25,740 693,876 48,559 Feb : 156,209 536,920 44,779 737,908 27,188 765,096 64,244 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 166,192 519,125 36,382 721,699 19,307 741,006 61,790 ------------------------------------------------------------------------------- See footnotes on page 8. Table 5. Farmer Stock Peanuts Milled (Net Weight), by Months, Crop of 1999-2000 18/ ------------------------------------------------------------------------------- : : : Spanish (by Areas) : : : :-------------------------------------: Total Month :Virginias: Runners :Virginia: : : : All Ending : : : North : South : South : Total : Types : : :Carolina: East : West : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 11,168 99,174 0 5,180 5,438 10,618 120,960 Sep : 15,010 82,958 0 2,862 1,544 4,406 102,374 Oct : 72,250 247,408 0 0 24,490 24,490 344,148 Nov : 84,604 252,146 0 0 18,118 18,118 354,868 Dec : 78,700 279,844 0 0 11,016 11,016 369,560 : Jan 2000 : 81,960 279,768 0 0 15,014 15,014 376,742 Feb : 88,896 285,216 0 0 7,802 7,802 381,914 Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 70,268 271,082 0 0 6,796 6,796 348,146 : Seas Total: 432,588 1,526,514 0 8,042 83,422 91,464 2,050,566 : AUG 98- : Feb 99 : 554,226 1,463,956 0 0 67,316 67,316 2,085,498 ------------------------------------------------------------------------------- Table 6. Production of Shelled and Roasting Stock (In Shell) Peanuts, by Months, Crop of 1999-2000 ------------------------------------------------------------------------------- : Shelled Edibles 18/ : Shelled : : Month :-------------------------------------: Oil : Total :Roasting Ending :Virginias: Runners :Spanish: Total :Stocks 4/: Shelled :Stocks 5/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 4,591 50,633 5,944 61,168 29,873 91,041 3,894 Sep : 7,118 42,066 3,218 52,402 28,056 80,458 4,280 Oct : 25,511 175,779 15,358 216,648 24,502 241,150 32,541 Nov : 31,592 184,383 11,926 227,901 26,869 254,770 30,063 Dec : 32,281 183,571 6,312 222,164 38,685 260,849 25,340 : Jan 2000 : 37,388 167,418 9,011 213,817 48,076 261,893 21,541 Feb : 40,037 179,075 4,773 223,885 42,705 266,590 22,934 Mar : Apr : May : Jun : Jul : : Same Month: Last Seas : 33,830 193,174 3,933 230,937 29,028 259,965 18,273 : Seas Total: 178,518 982,925 56,542 1,217,985 238,766 1,456,751 140,593 : AUG 98- : Feb 99 : 234,370 1,008,164 43,631 1,286,165 158,476 1,444,641 175,410 ------------------------------------------------------------------------------- See footnotes on page 8. Table 7. Shelled Peanuts Crushed, Production and Stocks of Peanut Oil and Cake and Meal, by Months, Crop of 1999-2000 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 1999 : 37,740 15,857 19,703 6,802 3,766 Sep : 37,553 16,475 19,640 5,533 1,196 Oct : 24,165 9,983 13,813 4,087 5,031 Nov : 32,178 13,228 18,950 3,132 2,584 Dec : 44,724 18,272 26,256 2,469 4,731 : Jan 2000 : 57,189 23,698 33,012 4,781 9,139 Feb : 51,528 21,227 30,020 4,143 6,378 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 38,156 16,468 20,721 13,053 6,445 : Seas Total : 285,077 118,740 161,394 -- -- : AUG 98- : Feb 99 : 175,572 74,123 99,535 -- -- ------------------------------------------------------------------------------- Table 8. Apparent Disappearance of Milled Peanut Products, by Months, Crop of 1999-2000 9/ ------------------------------------------------------------------------------- : Shelled Peanuts : : : Month :---------------------------------: Roasting : Crude : Cake & Ending : Edible : Oil : : Stock : Peanut : Meal : Grades : Stocks : Total : : Oil 7/ : 7/ ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 196,210 33,984 230,194 14,713 15,825 18,784 Sep : 196,230 32,668 228,898 21,554 17,744 22,210 Oct : 204,171 20,680 224,851 30,912 11,429 9,978 Nov : 240,284 22,816 263,100 26,051 14,183 21,397 Dec : 176,735 35,759 212,494 25,014 18,935 24,109 : Jan 2000 : 167,906 41,001 208,907 23,964 21,386 28,604 Feb : 154,113 41,257 195,370 7,249 21,865 32,781 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 167,109 32,106 199,215 15,156 15,562 23,644 : Seas Total : 1,335,649 228,165 1,563,814 149,457 121,367 157,863 : AUG 98- : Feb 99 : 1,144,836 153,260 1,575,794 144,188 90,367 117,094 ------------------------------------------------------------------------------- See footnotes on page 8. Table 9. Shelled Peanuts (Raw Basis) Used in Primary Products, And in Shell Peanuts, by Months, Crop of 1999-2000 6/ ------------------------------------------------------------------------------- : Edible Grades By Product 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 1999 : 32,526 33,501 67,246 1,320 134,593 172,333 10,798 Sep : 30,587 38,902 69,166 1,537 140,192 177,745 11,163 Oct : 32,934 34,741 71,483 1,477 140,635 164,800 14,523 Nov : 35,051 39,672 71,859 1,861 148,443 180,621 12,201 Dec : 25,025 34,347 65,045 1,358 125,775 170,499 12,363 : Jan 2000 : 24,523 26,337 67,054 1,335 119,249 176,438 13,156 Feb : 23,598 24,986 62,307 1,233 112,124 163,652 8,590 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 27,573 19,265 61,744 1,441 110,023 148,179 8,794 : Seas Total : 204,244 232,486 474,160 10,121 921,011 1,206,088 82,794 : AUG 98- : Feb 99 : 226,330 202,241 433,074 14,244 875,889 1,051,461 89,863 ------------------------------------------------------------------------------- Table 10. Virginias Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1999-2000 15/ ------------------------------------------------------------------------------- : Edible Grades By Product 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 3,344 9,846 5,050 212 18,452 Sep : 2,595 13,180 5,603 203 21,581 Oct : 1,877 8,071 8,086 275 18,309 Nov : 1,419 10,231 8,301 246 20,197 Dec : 1,403 8,493 5,310 226 15,432 : Jan 2000 : 1,632 4,901 5,752 154 12,439 Feb : 1,181 5,671 6,151 191 13,194 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 2,598 5,677 5,787 272 14,334 : Seas Total : 13,451 60,393 44,253 1,507 119,604 : AUG 98- : Feb 99 : 22,572 51,288 34,514 2,115 110,489 ------------------------------------------------------------------------------- See footnotes on page 8. Table 11. Runners Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1999-2000 15/ ------------------------------------------------------------------------------- : Edible Grades By Product 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 26,651 22,493 61,160 1,035 111,339 Sep : 24,744 24,968 63,161 1,263 114,136 Oct : 28,310 24,944 62,832 1,140 117,226 Nov : 32,043 27,106 63,038 1,339 123,526 Dec : 22,075 24,215 59,189 1,060 106,539 : Jan 2000 : 20,661 20,791 60,606 1,159 103,217 Feb : 20,616 18,238 55,126 963 94,943 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 23,027 12,738 53,444 1,105 90,314 : Seas Total : 175,100 162,755 425,112 7,959 770,926 : AUG 98- : Feb 99 : 190,417 140,212 385,705 11,576 727,910 ------------------------------------------------------------------------------- Table 12. Spanish Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 1999-2000 15/ ------------------------------------------------------------------------------- : Edible Grades By Product 19/ :----------------------------------------------------------------- Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 11/ : 10/ : 12/ : : ------------------------------------------------------------------------------- : 1,000 Pounds : Aug 1999 : 2,531 1,162 1,036 73 4,802 Sep : 3,248 754 402 71 4,475 Oct : 2,747 1,726 565 62 5,100 Nov : 1,589 2,335 520 276 4,720 Dec : 1,547 1,639 546 72 3,804 : Jan 2000 : 2,230 645 696 22 3,593 Feb : 1,801 1,077 1,030 79 3,987 Mar : Apr : May : Jun : Jul : : Same Month : Last Seas : 1,948 850 2,513 64 5,375 : Seas Total : 15,693 9,338 4,795 655 30,481 : AUG 98- : Feb 99 : 13,341 10,741 12,855 553 37,490 ------------------------------------------------------------------------------- See footnotes on page 8. Table 13. Government Domestic Feeding and Child Nutrition Program, by Months, Crop of 1999-2000 ------------------------------------------------------------------------------- : Deliveries by Product :----------------------------------------------------------------- Month : : : : Ending : Peanut : Roasted : Granules : Total : Butter : Peanuts : : : : : : ------------------------------------------------------------------------------- : : Aug 1999 : 3,013,882 115,958 0 3,129,840 Sep : 2,646,249 73,242 0 2,719,491 Oct : 1,942,825 13,986 0 1,956,811 Nov : 4,239,318 214,182 0 4,453,500 Dec : 4,128,438 214,182 0 4,342,620 : Jan 2000 : 2,381,459 45,720 0 2,427,179 Feb : 1,909,253 81,324 0 1,990,577 Mar : Apr : May : Jun : Jul : : Same Month : 2,432,261 38,034 0 2,470,295 Last Seas : : Seas Total : 20,261,424 758,594 0 21,020,018 : AUG 98- : Jan 99 : 17,844,883 740,862 0 18,585,745 ------------------------------------------------------------------------------- Source: Food and Nutrition Service 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 28, 2000. 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