Peanut stocks/ US: Utilization up 1%, 4 billion pounds in storage

Published 2022년 4월 25일

Tridge summary

As of March 31, 2022, peanut stocks in commercial storage significantly increased to 4.09 billion pounds from 3.83 billion pounds a year earlier. The stocks consist of 3.26 billion pounds of actual farmer stock and 802 million pounds of shelled peanuts. Edible grade stocks made up 603 million pounds, with 574 million pounds being edible and 28.9 million pounds being oil. In March, millings totaled 535 million pounds, and commercial processors used 220 million pounds of shelled edible grade peanuts. Deliveries under the Government Domestic Feeding and Child Nutrition Programs reached 1.01 million pounds of peanut butter and 51.8 thousand pounds of roasted peanuts. Additionally, treated seed stocks rose to 29.3 million pounds from 11.0 million pounds in February, primarily composed of Runners.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Peanut stocks reported in commercial storage on March 31, 2022 totaled 4.09 billion pounds of equivalent farmer stock, compared with 3.83 billion pounds a year ago. This total includes 3.26 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 802 million pounds of farmer stock equivalent. Roasting stock totaled 31.9 million pounds. Shelled peanut stocks totaled 603 million pounds of which 574 million pounds were edible grades and 28.9 million pounds were oil stocks. Edible grade stocks by type included 80.5 million pounds of Virginias and Valencias, 461 million pounds of Runners, and 32.5 million pounds of Spanish. Millings in March totaled 535 million pounds. Millings by type were 89.0 million pounds of Virginias and Valencias, 442 million pounds of Runners, and 3.90 million pounds of Spanish. Commercial processors utilized 220 million pounds of shelled edible grade peanuts during March. Utilization by type was 124 million pounds for all peanut butter products, ...

Source: Agfax