According to data from the USDA, the use of edible peanuts has increased by 2% this season compared to the previous year. Peanut reserves in commercial storage as of October 31, 2023, were 3.63 billion pounds, lower than the 4.87 billion pounds in the previous year. Shelled peanut reserves accounted for 567 million pounds, and commercial processors used 205 million pounds for peanut butter, candy, and snacks.