Gr Lg 6 (1-03) Peanut Stocks and Processing National Agricultural Statistics Service USDA Washington, D.C. Released January 30, 2003, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Peanut Stocks and Processing" call Mark R. Miller at (202) 720-7688, office hours 7:30 a.m. to 4:00 p.m. ET. Peanut Stocks Down 42 Percent from Last Year Peanut stocks in commercial storage on December 31, 2002 totaled 2.41 billion pounds of equivalent farmer stock, compared to 4.12 billion pounds last year. This total includes 1.76 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 614 million pounds of farmer stock equivalent. Roasting stock totaled 38.3 million pounds. There were no Commodity Credit Corporation uncommitted stocks on hand as of December 31, 2002. Shelled peanut stocks totaled 462 million pounds of which 438 million pounds were edible grades and 24.0 million pounds were oil stocks. Edible grade stocks by type included 75.8 million pounds of Virginias, 338 million pounds of Runners, and 24.1 million pounds of Spanish. December millings totaled 288 million pounds. Millings by type were 55.1 million pounds of Virginias, 229 million pounds of Runners, and 3.16 million pounds of Spanish. Commercial processors utilized 110 million pounds of shelled edible grade peanuts during December. Utilization by type was 61.3 million pounds for all peanut butter products, 21.6 million pounds for peanut candy, and 25.9 million pounds for snack peanuts. Crushing for oil and cake and meal totaled 44.4 million pounds during the month. Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2.60 million pounds of peanut butter and 102,384 pounds of roasted peanuts during December. Stocks of treated seed on hand December 31, 2002 totaled 143,000 pounds, compared with 187,000 pounds on November 30, 2002. Of the December total, 101,000 pounds were Virginias and Valencias, 29,000 pounds were Runners, and 13,000 pounds were Spanish. November stocks of treated seed included 145,000 pounds of Virginias and Valencias, 29,000 pounds of Runners, and 13,000 pounds of Spanish. Stocks estimates refer to December 31, 2002. All other data are for the month of December. Table 1. Stocks of Peanuts and Specified Products at Month's End, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : : : : Farmer Stock Equivalent Month : Farmer : Shelled : Roasting :----------------------------- Ending : Stock : Peanuts : Stock : Shelled : Total : : 2/ : (In Shell) : Peanuts : 3/ -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 447,016 520,396 45,055 692,127 1,184,198 Sep : 582,400 380,932 31,619 506,640 1,120,659 Oct : 1,380,798 421,269 37,511 560,288 1,978,597 Nov : 1,718,116 452,369 39,144 601,651 2,358,911 Dec : 1,755,260 461,862 38,305 614,276 2,407,841 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 3,237,636 624,973 47,310 831,214 4,116,160 -------------------------------------------------------------------------------- 1/ Excludes stocks on farms. Includes stocks owned by or held for account of peanut producers and CCC in commercial storage facilities. 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. Table 2. Farmer Stock Peanuts, by Types, on Hand at Month's End, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : : : Spanish (by Areas) : : : :------------------------------------: Total Month :Virginias: Runners :Virginia: : : : All Ending : : : North : South : South : Total : Types : : :Carolina: East : West : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 1,932 445,084 0 0 0 0 447,016 Sep : 14,868 566,398 0 0 1,134 1,134 582,400 Oct : 164,846 1,204,946 0 0 11,006 11,006 1,380,798 Nov : 216,056 1,462,118 0 0 39,942 39,942 1,718,116 Dec : 211,446 1,489,256 0 0 54,558 54,558 1,755,260 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 433,673 2,718,487 0 0 85,476 85,476 3,237,636 -------------------------------------------------------------------------------- 1/ Excludes stocks on farms. Includes stocks owned by or held for account of peanut producers and CCC in commercial storage facilities. Farmer stock on net weight basis. Table 3. Total Farmer Stock Peanuts on Hand at Month's End, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : : Commercial Stocks : Equivalent Month : CCC :-------------------------------------------------------- Ending :Uncommitted: Restricted : Other : :Total Farmer : Stocks : Use 2/ : Commercial : Total : Stock -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 0 3/ 3/ 447,016 447,016 Sep : 0 3/ 3/ 582,400 582,400 Oct : 0 3/ 3/ 1,380,798 1,380,798 Nov : 0 3/ 3/ 1,718,116 1,718,116 Dec : 0 3/ 3/ 1,755,260 1,755,260 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 798,174 3/ 3/ 2,439,462 3,237,636 -------------------------------------------------------------------------------- 1/ Excludes stocks on farms. Includes stocks owned by or held for account of peanut producers and CCC in commercial storage facilities. Farmer stock on net weight basis. 2/ Purchased from CCC for crushing or export. 3/ Not published to avoid disclosing individual operations. Table 4. Shelled Peanuts and Roasting Stock (In Shell) on Hand at Month's End, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Shelled Edibles 2/ : Shelled : : Month :-----------------------------------: Oil : Total : Roasting Ending :Virginias:Runners :Spanish : Total :Stocks 3/:Shelled : Stocks 4/ -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 110,806 357,284 37,069 505,159 15,237 520,396 45,055 Sep : 78,717 262,183 23,560 364,460 16,472 380,932 31,619 Oct : 75,616 289,188 32,861 397,665 23,604 421,269 37,511 Nov : 77,400 318,874 34,099 430,373 21,996 452,369 39,144 Dec : 75,758 337,943 24,119 437,820 24,042 461,862 38,305 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 118,279 454,010 35,957 608,246 16,727 624,973 47,310 -------------------------------------------------------------------------------- 1/ Excludes stocks on farms. Includes stocks owned by or held for account of peanut producers and CCC in commercial storage facilities. Farmer stock on net weight basis. 2/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 3/ Includes straight run oil stock peanuts. 4/ Cleaned and unshelled. Table 5. Farmer Stock Peanuts Milled (Net Weight), by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : : : Spanish (by Areas) : : : :------------------------------------: Total Month :Virginias: Runners :Virginia: : : : All Ending : : : North : South : South : Total : Types : : :Carolina: East : West : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 2,604 99,108 0 0 4,188 4,188 105,900 Sep : 5,002 178,948 0 0 0 0 183,950 Oct : 59,810 305,396 0 0 26,294 26,294 391,500 Nov : 66,770 245,744 0 0 9,416 9,416 321,930 Dec : 55,120 229,358 0 0 3,164 3,164 287,642 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 60,734 217,274 0 0 14,894 14,894 292,902 : Aug 2002- : Dec 2002 : 189,306 1,058,554 0 0 43,062 43,062 1,290,922 : Aug 2001- : Dec 2001 : 304,864 919,690 0 0 50,490 50,490 1,275,044 -------------------------------------------------------------------------------- 1/ Includes peanuts milled for seed. Table 6. Production of Shelled and Roasting Stock (In Shell) Peanuts, by Months, Crop of 2002-2003 -------------------------------------------------------------------------------- : Shelled Edibles 1/ : Shelled : : Month :---------------------------------------: Oil : Total :Roasting Ending :Virginias: Runners : Spanish : Total :Stocks 2/:Shelled :Stocks 3/ -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 680 21,227 3,243 25,150 56,033 81,183 1,220 Sep : 1,738 82,825 0 84,563 55,695 140,258 2,057 Oct : 21,001 177,252 19,027 217,280 62,833 280,113 27,606 Nov : 26,625 142,537 6,583 175,745 50,817 226,562 25,234 Dec : 19,244 134,520 1,394 155,158 46,366 201,524 22,818 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 26,743 134,789 9,103 170,635 36,859 207,494 18,184 : Aug 2002- : Dec 2002 : 69,288 558,361 30,247 657,896 271,744 929,640 78,935 : Aug 2001- : Dec 2001 : 127,048 546,441 32,742 706,231 164,074 870,305 105,127 -------------------------------------------------------------------------------- 1/ Includes peanuts milled for seed. 2/ Includes straight run oil stock peanuts. 3/ Cleaned and unshelled. Table 7. Shelled Peanuts Crushed, Production and Stocks of Peanut Oil and Cake and Meal, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Shelled : Production : Stocks (End of Period) Month : Peanuts :----------------------------------------------------- Ending : Crushed 2/ : Crude Oil :Cake & Meal:Crude Oil 1/: Cake & Meal 1/ -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 57,920 26,776 31,777 3,267 1,406 Sep : 57,007 25,831 30,989 9,781 2,370 Oct : 57,818 25,585 32,178 11,014 2,874 Nov : 54,981 24,655 30,696 11,420 4,516 Dec : 44,429 19,516 25,062 9,918 7,059 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 44,209 19,180 25,801 2,208 5,696 : Aug 2002- : Dec 2002 : 272,155 122,363 150,702 : -- -- Aug 2001- : Dec 2001 : 168,849 73,900 97,069 -- -- -------------------------------------------------------------------------------- 1/ Relates to oil mills only. 2/ All crushings regardless of grade. Table 8. Apparent Disappearance of Milled Peanut Products, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Shelled Peanuts : : : Month :-------------------------------: Roasting : Crude : Cake & Ending : Edible : Oil : : Stock : Peanut : Meal 2/ : Grades : Stocks : Total : : Oil 2/ : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 200,841 57,444 258,285 21,314 27,381 31,663 Sep : 225,262 54,460 279,722 15,493 19,317 30,025 Oct : 184,075 55,701 239,776 21,714 24,352 31,674 Nov : 143,037 52,425 195,462 23,601 24,249 29,054 Dec : 147,711 44,320 192,031 23,657 21,018 22,519 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 124,029 41,162 165,191 18,107 18,322 23,127 : Aug 2002- : Dec 2002 : 900,926 264,350 1,165,276 105,779 116,317 144,935 : Aug 2001- : Dec 2001 : 791,194 161,810 953,004 96,189 75,504 95,173 -------------------------------------------------------------------------------- 1/ Includes in transit, exports, and domestic use. 2/ Relates to oil mills only. Table 9. Shelled Peanuts (Raw Basis) Used in Primary Products, and in Shell Peanuts, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Edible Grades Used In 2/ : : :----------------------------------------------: Total : Month : : : : : : All :In Shell Ending : Peanut : Snack : Peanut : Other : : Grades : Peanuts : Candy :Peanuts : Butter :Products : Total : 6/ : 7/ : 3/ : 4/ : 5/ : : : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 35,039 31,998 71,668 2,546 141,251 199,171 11,226 Sep : 35,229 33,385 67,889 2,986 139,489 196,496 12,114 Oct : 29,194 32,384 75,734 2,525 139,837 197,655 16,375 Nov : 27,677 29,505 59,689 1,554 118,425 173,406 11,590 Dec : 21,625 25,904 61,338 1,285 110,152 154,581 12,637 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 24,333 28,122 60,684 1,569 114,708 158,917 13,018 : Aug 2002- : Dec 2002 :148,764 153,176 336,318 10,896 649,154 921,309 63,942 : Aug 2001- : Dec 2001 :146,909 158,125 348,889 7,745 661,668 830,517 67,112 -------------------------------------------------------------------------------- 1/ Excludes peanuts milled for seed. 2/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 3/ Includes peanut butter made by manufacturers for own use in candy. 4/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted. 5/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. 6/ Includes all shelled peanuts crushed regardless of grade. 7/ Includes peanuts re-packaged, roasted in shell, salted in shell, and raw in shell. Table 10. Virginias Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Edible Grades Used In 2/ :------------------------------------------------------------------ Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 3/ : 4/ : 5/ : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 3,204 11,502 6,690 192 21,588 Sep : 3,744 12,335 6,576 156 22,811 Oct : 3,144 7,563 6,829 252 17,788 Nov : 1,595 6,942 5,231 350 14,118 Dec : 1,243 3,079 6,618 154 11,094 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 1,913 7,147 8,362 235 17,657 : Aug 2002- : Dec 2002 : 12,930 41,421 31,944 1,104 87,399 : Aug 2001- : Dec 2001 : 12,101 40,286 48,255 1,425 102,067 -------------------------------------------------------------------------------- 1/ Crushings by type not available. 2/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 3/ Includes peanut butter made by manufacturers for own use in candy. 4/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted. 5/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. Table 11. Runners Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Edible Grades Used In 2/ :------------------------------------------------------------------ Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 3/ : 4/ : 5/ : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 30,784 19,475 63,698 2,323 116,280 Sep : 29,725 19,981 58,829 2,776 111,311 Oct : 25,325 23,379 66,327 2,211 117,242 Nov : 24,916 21,219 53,751 1,173 101,059 Dec : 19,311 21,734 53,998 1,093 96,136 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 21,168 19,939 51,374 1,279 93,760 : Aug 2002- : Dec 2002 : 130,061 105,788 296,603 9,576 542,028 : Aug 2001- : Dec 2001 : 126,739 110,968 296,729 6,066 540,502 -------------------------------------------------------------------------------- 1/ Crushings by type not available. 2/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 3/ Includes peanut butter made by manufacturers for own use in candy. 4/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted. 5/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. Table 12. Spanish Shelled Peanuts (Raw Basis) Used in Primary Products, by Months, Crop of 2002-2003 1/ -------------------------------------------------------------------------------- : Edible Grades Used In 2/ :------------------------------------------------------------------ Month : : : : : Ending : Peanut : Snack : Peanut : Other : : Candy : Peanuts : Butter : Products : Total : 3/ : 4/ : 5/ : : -------------------------------------------------------------------------------- : 1,000 Pounds : Aug 2002 : 1,051 1,021 1,280 31 3,383 Sep : 1,760 1,069 2,484 54 5,367 Oct : 725 1,442 2,578 62 4,807 Nov : 1,166 1,344 707 31 3,248 Dec : 1,071 1,091 722 38 2,922 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 1,252 1,036 948 55 3,291 : Aug 2002- : Dec 2002 : 5,773 5,967 7,771 216 19,727 : Aug 2001- : Dec 2001 : 8,069 6,871 3,905 254 19,099 -------------------------------------------------------------------------------- 1/ Crushings by type not available. 2/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 3/ Includes peanut butter made by manufacturers for own use in candy. 4/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted. 5/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. Table 13. Government Domestic Feeding and Child Nutrition Program, by Months, Crop of 2002-2003 ----------------------------------------------------------------------------- : Deliveries by Product :--------------------------------------------------------------- Month : : : : Ending : Peanut : Roasted : Granules : Total : Butter : Peanuts : : ----------------------------------------------------------------------------- : Pounds : Aug 2002 : 2,513,123 69,120 0 2,582,243 Sep : 3,139,682 172,800 0 3,312,482 Oct : 3,861,124 33,264 0 3,894,388 Nov : 4,015,203 0 0 4,015,203 Dec : 2,599,843 102,384 0 2,702,227 : Jan 2003 : Feb : Mar : Apr : May : Jun : Jul : : : Dec 2001 : 2,269,565 158,004 0 2,427,569 : Aug 2002- : Dec 2002 : 16,128,975 377,568 0 16,506,543 : Aug 2001- : Dec 2001 : 12,602,644 614,304 0 13,216,948 ----------------------------------------------------------------------------- Source: Food and Nutrition Service. 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