Peanut Stocks and Processing ISSN: 1949-1875 Released April 25, 2024, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Shelled Edible Grade Season to Date Utilization Down 3 Percent from Last Year Peanut Stocks in Commercial Storage Totaled 3.87 Billion Pounds Peanut stocks reported in commercial storage on March 31, 2024 totaled 3.87 billion pounds of equivalent farmer stock, compared with 3.77 billion pounds a year ago. This total includes 3.15 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 686 million pounds of farmer stock equivalent. Roasting stock totaled 41.2 million pounds. Shelled peanut stocks totaled 516 million pounds of which 489 million pounds were edible grades and 26.6 million pounds were oil stocks. Edible grade stocks by type included 69.0 million pounds of Virginias and Valencias, 390 million pounds of Runners, and 30.1 million pounds of Spanish. Millings in March totaled 437 million pounds. Millings by type were 64.7 million pounds of Virginias and Valencias, 366 million pounds of Runners, and 6.43 million pounds of Spanish. Commercial processors utilized 193 million pounds of shelled edible grade peanuts during March. Utilization by type was 118 million pounds for all peanut butter products, 38.4 million pounds for peanut candy, and 32.8 million pounds for peanut snacks. Crushing for oil and cake and meal totaled 35.5 million pounds during the month. Deliveries under the Government Domestic Feeding and Child Nutrition Programs amounted to 2.00 million pounds of peanut butter and 25,920 pounds of roasted peanuts during March. Stocks of treated seed on hand March 31, 2024 totaled 21.1 million pounds, compared with 7.34 million pounds on February 29, 2024. Of the March total, 18.3 million pounds were Runners. February stocks of treated seed included 6.78 million pounds of Runners. Stocks estimates refer to March 31, 2024. All other data are for the month of March. Peanut Stocks and Specified Products at Month's End - United States: March 2024 with Comparisons [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. Blank data cells indicate estimation period has not yet begun.] ----------------------------------------------------------------------------------------- : : : : Farmer stock equivalent Month : Farmer : Shelled : Roasting :-------------------------------- ending : Stock : peanuts : stock : Shelled peanuts : Total : : 1/ :(in shell) 2/: : 3/ ----------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August .......: 1,125,484 474,890 39,702 631,604 1,796,790 September ....: 1,041,432 451,247 38,029 600,159 1,679,620 October ......: 3,186,202 434,201 32,653 577,487 3,796,342 November .....: 4,168,510 439,094 28,059 583,995 4,780,564 December .....: 4,091,398 514,265 30,484 683,972 4,805,854 : 2024 : January ......: 3,832,650 471,135 38,861 626,610 4,498,121 February .....: 3,490,032 474,916 38,082 631,638 4,159,752 March ........: 3,147,574 515,715 41,211 685,901 3,874,686 April ........: May ..........: June .........: July .........: : 2023 : March ........: 3,042,950 519,756 34,631 691,275 3,768,856 ----------------------------------------------------------------------------------------- 1/ Included shelled edible grades, shelled oil stock, and shelled seed (untreated). 2/ Cleaned and unshelled. 3/ Farmer stock + roasting stock + (actual shelled peanuts X 1.33). Farmer Stock Peanuts by Type at Month's End - United States: March 2024 with Comparisons [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. Blank data cells indicate estimation period has not yet begun.] --------------------------------------------------------------------------- : Virginias : : : Month : and : Runners : Spanish : Total ending : Valencias : : : --------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ........: 115,498 1,003,940 6,046 1,125,484 September .....: 81,722 952,888 6,822 1,041,432 October .......: 248,302 2,874,772 63,128 3,186,202 November ......: 368,084 3,696,324 104,102 4,168,510 December ......: 360,708 3,641,282 89,408 4,091,398 : 2024 : January .......: 372,212 3,374,020 86,418 3,832,650 February ......: 337,166 3,091,090 61,776 3,490,032 March .........: 297,658 2,794,566 55,350 3,147,574 April .........: May ...........: June ..........: July ..........: : 2023 : March .........: 393,360 2,550,070 99,520 3,042,950 --------------------------------------------------------------------------- Shelled Peanuts and Roasting Stock (in Shell) at Month's End - United States: March 2024 with Comparisons [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. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------------------- : Shelled edibles 1/ : : : :-------------------------------------------------------: Shelled : Total : Roasting Month : Virginias : : : : oil : shelled : stock 3/ ending : and : Runners : Spanish : Total : stocks 2/ : : : Valencias : : : : : : ---------------------------------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August .......: 75,482 354,234 22,283 451,999 22,891 474,890 39,702 September ....: 83,137 324,333 17,814 425,284 25,963 451,247 38,029 October ......: 77,845 317,651 13,780 409,276 24,925 434,201 32,653 November .....: 83,559 317,650 13,982 415,191 23,903 439,094 28,059 December .....: 80,380 387,602 22,840 490,822 23,443 514,265 30,484 : 2024 : January ......: 71,511 352,487 19,551 443,549 27,586 471,135 38,861 February .....: 66,695 356,047 29,909 452,651 22,265 474,916 38,082 March ........: 68,975 390,061 30,111 489,147 26,568 515,715 41,211 April ........: May ..........: June .........: July .........: : 2023 : March ........: 90,504 368,606 27,473 486,583 33,173 519,756 34,631 ---------------------------------------------------------------------------------------------------------------- 1/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 2/ Includes straight run oil stock peanuts. 3/ Cleaned and unshelled. Farmer Stock Peanuts Milled (Net Weight) by Month - United States: March 2024 with Comparisons [Includes peanuts milled for seed. Blank data cells indicate estimation period has not yet begun.] ------------------------------------------------------------------------------------- Month : Virginias : : : ending : and : Runners : Spanish : Total : Valencias : : : ------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ..................: 64,020 347,800 5,478 417,298 September ...............: 70,584 282,540 4,122 357,246 October .................: 57,364 324,024 776 382,164 November ................: 58,386 294,864 6,088 359,338 December ................: 51,482 299,352 19,464 370,298 : 2024 : January .................: 52,352 347,864 4,216 404,432 February ................: 54,888 340,258 18,826 413,972 March ...................: 64,664 365,808 6,426 436,898 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 83,234 405,780 6,062 495,076 : 2023-2024 : August-March ............: 473,740 2,602,510 65,396 3,141,646 : 2022-2023 : August-March ............: 466,756 2,788,904 54,370 3,310,030 ------------------------------------------------------------------------------------- Production of Shelled and Roasting Stock (in Shell) Peanuts by Month - United States: March 2024 with Comparisons [Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------------------------------------- : Shelled edibles 1/ : : : :-----------------------------------------------------------: Shelled : Total : Roasting Month : Virginias : : : : Oil : Shelled : Stock 3/ ending : and : Runners : Spanish : Total : Stocks 2/ : : : Valencias : : : : : : ---------------------------------------------------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ..................: 30,918 242,820 3,424 277,162 31,115 308,277 19,499 September ...............: 33,493 192,700 2,451 228,644 27,200 255,844 20,313 October .................: 26,365 228,426 746 255,537 30,722 286,259 18,352 November ................: 32,712 204,001 3,694 240,407 25,227 265,634 12,610 December ................: 26,209 202,899 13,710 242,818 25,911 268,729 15,323 : 2024 : January .................: 27,087 234,817 2,564 264,468 27,762 292,230 15,981 February ................: 28,824 227,547 12,799 269,170 25,655 294,825 15,251 March ...................: 32,680 240,394 4,235 277,309 24,587 301,896 18,558 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 31,767 276,754 3,706 312,227 29,733 341,960 23,614 : 2023-2024 : August-March ............: 238,288 1,773,604 43,623 2,055,515 218,179 2,273,694 135,887 : 2022-2023 : August-March ............: 197,714 1,902,911 33,712 2,134,337 247,769 2,382,106 145,693 ---------------------------------------------------------------------------------------------------------------------------------- 1/ Includes peanuts milled for seed 2/ Includes straight run oil stock peanuts 3/ Cleaned and unshelled Shelled Peanuts Crushed, Production, and Stocks of Peanut Oil and Cake and Meal by Month - United States: March 2024 with Comparisons [Relates to oil mills only. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------- Month : Shelled : Production : Stocks (end of month) ending : Peanuts :----------------------------------------------------------- : crushed 1/ : Crude Oil :Cake and Meal : Crude oil :Cake and Meal ---------------------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ..................: 45,300 20,102 24,549 5,695 5,291 September ...............: 44,223 19,319 24,492 5,124 5,127 October .................: 42,564 17,556 23,326 3,993 5,030 November ................: 37,784 16,529 20,886 3,936 4,839 December ................: 36,441 15,744 20,377 3,727 6,976 : 2024 : January .................: 38,662 17,275 20,999 4,913 5,153 February ................: 43,675 18,579 24,759 4,584 7,390 March ...................: 35,473 15,368 19,768 8,989 8,144 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 43,111 19,355 22,842 9,199 5,727 : 2023-2024 : August-March ............: 324,122 140,472 179,156 (X) (X) : 2022-2023 : August-March ............: 412,022 185,578 220,086 (X) (X) ---------------------------------------------------------------------------------------------------- (X) Not applicable. 1/ All crushings regardless of grade Apparent Disappearance or Milled Peanut Products by Month - United States: March 2024 with Comparisons [Includes in transit, exports, and domestic use. Blank data cells indicate estimation period has not yet begun.] ------------------------------------------------------------------------------------------------------------------- : Shelled Peanuts : : : Month :--------------------------------------------: Roasting : Crude : Cake ending : Edible : Oil : Total : stock : Peanut : and : grades : Stocks : : : Oil 1/ : Meal 1/ ------------------------------------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ..................: 278,225 26,196 304,421 10,384 20,245 24,381 September ...............: 255,359 24,128 279,487 21,986 19,890 24,656 October .................: 271,545 31,760 303,305 23,728 18,687 23,423 November ................: 234,492 26,249 260,741 17,204 16,586 21,077 December ................: 167,187 26,371 193,558 12,898 15,953 18,240 : 2024 : January .................: 311,741 23,619 335,360 7,604 16,089 22,822 February ................: 260,068 30,976 291,044 16,030 18,908 22,522 March ...................: 240,813 20,284 261,097 15,429 10,963 19,014 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 334,738 25,651 360,389 18,926 18,841 21,172 : 2023-2024 : August-March ............: 2,019,430 209,583 2,229,013 125,263 137,321 176,135 : 2022-2023 : August-March ............: 2,168,885 240,439 2,409,324 154,708 186,455 219,436 ------------------------------------------------------------------------------------------------------------------- 1/ Relates to oil mills only. Shelled Peanuts (Raw Basis) Used in Primary Products and In Shell Peanuts by Month - United States: March 2024 with Comparisons [Excludes peanuts milled for seed. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------------------------------------- : Edible grades used in products1/ : : Month :--------------------------------------------------------------------------: Total : In shell ending : Peanut : Peanut : Peanut : Other : Total : all : peanuts 6/ : candy 2/ : snacks 3/ : Butter 4/ : Products : : grades 5/ : ---------------------------------------------------------------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ..................: 40,124 36,178 143,068 4,828 224,198 269,498 12,248 September ...............: 32,634 34,084 119,756 5,088 191,562 235,785 10,961 October .................: 37,708 35,158 127,357 4,213 204,436 247,000 12,444 November ................: 32,696 33,293 117,129 3,076 186,194 223,978 11,391 December ................: 31,436 31,763 108,522 3,630 175,351 211,792 11,254 : 2024 : January .................: 30,534 34,440 123,730 4,297 193,001 231,663 11,315 February ................: 40,294 32,727 127,170 4,444 204,635 248,310 10,231 March ...................: 38,436 32,789 117,825 4,079 193,129 228,602 10,233 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 45,114 39,289 136,493 3,783 224,679 267,790 12,878 : 2023-2024 : August-March ............: 283,862 270,432 984,557 33,655 1,572,506 1,896,628 90,077 : 2022-2023 : August-March ............: 291,242 309,930 988,839 30,234 1,620,245 2,032,267 99,578 ---------------------------------------------------------------------------------------------------------------------------------- 1/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 2/ Includes peanut butter made by manufacturers for own use in candy. 3/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted, snack bars, and trail mixes. 4/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. 5/ Includes all shelled peanuts crushed regardless of grade. 6/ Includes peanuts re-packaged, roasted in shell, salted in shell, and raw in shell. Shelled Peanuts (Raw Basis) Used in Primary Products by Month and Type - United States: March 2024 with Comparisons [Excludes peanuts milled for seed. Crushings by type not available. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------- : Edible grades used in products1/ Month ending :-------------------------------------------------------------------------- and type : Peanut : Peanut : Peanut : Other : Total : candy 2/ : snacks 3/ : butter 4/ : products : ---------------------------------------------------------------------------------------------------- : 1,000 pounds : Runner : 2023 : August ..................: 38,031 (D) 127,517 (D) 200,532 September ...............: 29,560 (D) 110,000 (D) 173,310 October .................: 35,027 (D) 115,409 (D) 184,360 November ................: 30,623 (D) 106,288 (D) 168,369 December ................: 28,599 (D) 98,306 (D) 156,390 : 2024 : January .................: 27,803 (D) 110,826 (D) 171,333 February ................: 37,492 (D) 115,947 (D) 184,977 March ...................: 36,374 (D) 105,665 (D) 172,964 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 42,456 (D) 124,191 (D) 202,072 : 2023-2024 : August-March ............: 263,509 (D) 889,958 (D) 1,412,235 : 2022-2023 : August-March ............: 270,936 (D) 892,661 (D) 1,442,703 : Spanish : 2023 : August ..................: (D) (D) (D) (D) 2,347 September ...............: (D) (D) (D) (D) 2,927 October .................: (D) (D) (D) (D) 2,634 November ................: (D) (D) (D) (D) 2,982 December ................: (D) (D) (D) (D) 2,553 : 2024 : January .................: (D) (D) (D) (D) 3,288 February ................: (D) (D) (D) (D) 2,778 March ...................: (D) (D) (D) (D) 2,030 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: (D) (D) (D) (D) 2,128 : 2023-2024 : August-March ............: (D) (D) (D) (D) 21,539 : 2022-2023 : August-March ............: (D) (D) (D) (D) 23,188 ---------------------------------------------------------------------------------------------------- See footnote(s) at end of table. --continued Shelled Peanuts (Raw Basis) Used in Primary Products by Month and Type - United States: March 2024 with Comparisons (continued) [Excludes peanuts milled for seed. Crushings by type not available. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------------------------------------- : Edible grades used in products1/ Month ending :-------------------------------------------------------------------------- and type : Peanut : Peanut : Peanut : Other : Total : candy 2/ : Snacks 3/ : butter 4/ : Products : ---------------------------------------------------------------------------------------------------- : 1,000 pounds : Virginia and Valencia : 2023 : August ..................: (D) 4,700 (D) (D) 21,319 September ...............: (D) 4,588 (D) (D) 15,324 October .................: (D) 4,626 (D) (D) 17,442 November ................: (D) 3,861 (D) (D) 14,844 December ................: (D) 4,702 (D) (D) 16,409 : 2024 : January .................: (D) 4,788 (D) (D) 18,380 February ................: (D) 4,585 (D) (D) 16,879 March ...................: (D) 4,487 (D) (D) 18,135 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: (D) 6,568 (D) (D) 20,479 : 2023-2024 : August-March ............: (D) 36,337 (D) (D) 138,732 : 2022-2023 : August-March ............: (D) 49,993 (D) (D) 154,352 ---------------------------------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. 1/ Shelled edible grades include blanched and shelled roasted peanuts converted to a raw basis using conversion factors of 1.08 and 1.12, respectively. 2/ Includes peanut butter made by manufacturers for own use in candy. 3/ Includes salted, unsalted, dry and honey roasted, salted and unsalted roasted, snack bars, and trail mixes. 4/ Includes peanut butter made by manufacturers for own use in cookies and sandwiches, but excludes peanut butter used in candy. Government Domestic Feeding and Child Nutrition Program Deliveries by Month - United States: March 2024 with Comparisons [Source: Food and Nutrition Service. Blank data cells indicate estimation period has not yet begun.] ---------------------------------------------------------------------- : Deliveries by product Month :-------------------------------------------- ending : Peanut : Roasted : Total : butter : peanuts : ---------------------------------------------------------------------- : pounds pounds pounds : 2023 : August ..................: 2,265,600 25,920 2,291,520 September ...............: 1,979,520 25,920 2,005,440 October .................: 2,103,810 - 2,103,810 November ................: 2,132,595 25,920 2,158,515 December ................: 1,723,650 25,920 1,749,570 : 2024 : January .................: - - - February ................: 3,250,515 25,920 3,276,435 March ...................: 2,004,480 25,920 2,030,400 April ...................: May .....................: June ....................: July ....................: : 2023 : March ...................: 829,440 51,840 881,280 : 2023-2024 : August-March ............: 15,460,170 155,520 15,615,690 : 2022-2023 : August-March ............: 8,533,049 440,640 8,973,689 ---------------------------------------------------------------------- - Represents zero. Stocks of Treated Seed at Month's End - United States: March 2024 with Comparisons [Excludes stocks on farms. Blank data cells indicate estimation period has not yet begun.] --------------------------------------------------------------------------- Month : Virginias : : : ending : and : Runner : Spanish : Total : Valencias : : : --------------------------------------------------------------------------- : 1,000 pounds : 2023 : August ........: (D) 138 (D) 178 September .....: (D) 25 (D) 65 October .......: (D) 25 (D) 65 November ......: (D) 24 (D) 64 December ......: (D) 24 (D) 64 : 2024 : January .......: (D) 988 (D) 1,023 February ......: (D) 6,780 (D) 7,342 March .........: (D) 18,257 (D) 21,112 April .........: May ...........: June ..........: July ..........: : 2023 : March .........: (D) 20,053 (D) 27,103 --------------------------------------------------------------------------- (D) Withheld to avoid disclosing data for individual operations. Statistical Methodology Survey Procedures: The peanut stocks and processing estimates in this report are based on a survey conducted during the first three weeks of the month. The survey is required by law under Title 7 of the United States Code (7 U.S.C. 951, 2010). Peanut stocks are a census of all known cleaners, shellers, crushers, warehouses, cold storage plants, and processors of peanuts who handle more than 30,000 pounds annually. Every effort is made to obtain a report from all facilities. Estimating Procedures: Since a complete report is not always received from all facilities, estimates are made for missing facilities to assure complete coverage. Peanut stocks survey data are reviewed at the national level for reasonableness and consistency with historical estimates. Revision Policy: Peanut stocks are subject to revision at any time during the marketing year. Revisions can be made when late reports are received and errors are detected in reporting and calculating. Once the marketing year ends, no revisions can be made to the previous marketing year. Reliability: The peanut stocks and processing survey is subject to non- sampling errors such as omission, duplication, imputation for missing data, and mistakes in reporting, recording, and processing the data. These errors cannot be measured directly, but are minimized through rigid quality controls in the data collection process and a careful review of all reported data for consistency and reasonableness. Information Contacts Listed below are the commodity statisticians in the Crops Branch of the National Agricultural Statistics Service to contact for additional information. E-mail inquiries may be sent to nass@usda.gov. Nicholas Streff, Acting Chief, Crops Branch.......................................... (202) 720-2127 Chris Hawthorn, Head, Field Crops Section............................................ (202) 720-2127 Irwin Anolik - Crop Progress and Condition...................................... (202) 720-7621 Joshua Bates - Hemp, Oats, Soybeans............................................. (202) 690-3234 Natasha Bruton - Barley, Cotton System Consumption and Stocks, Grain Crushings.. (202) 690-1042 David Colwell - Fats and Oils, Flour Milling Products........................... (202) 720-8800 Michelle Harder - County Estimates, Hay......................................... (202) 690-8533 James Johanson - Rye, Wheat..................................................... (202) 720-8068 Greg Lemmons - Corn, Flaxseed, Proso Millet..................................... (202) 720-9526 Becky Sommer - Cotton, Cotton Ginnings, Sorghum................................. (202) 720-5944 Travis Thorson - Sunflower, Other Oilseeds...................................... (202) 720-7369 Travis Thorson - Peanuts, Rice.................................................. 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