Peanut stocks in United States: Utilization down 1%, 3.2 billion pounds in storage

Published 2022년 6월 28일

Tridge summary

As of May 31, 2022, peanut stocks in commercial storage significantly increased to 3.22 billion pounds from 2.90 billion pounds a year earlier. The stocks consist of 2.42 billion pounds of actual farmer stock and 764 million pounds of shelled peanuts. Edible grade stocks made up 575 million pounds, with 88.8 million pounds of Virginias and Valencias, 431 million pounds of Runners, and 29.2 million pounds of Spanish. In May, millings totaled 399 million pounds, and commercial processors used 200 million pounds of shelled edible grade peanuts. Deliveries under the Government Domestic Feeding and Child Nutrition Programs reached 1.76 million pounds of peanut butter and 77.8 thousand pounds of roasted peanuts. However, treated seed stocks saw a decrease to 12.7 million pounds from 37.0 million pounds in April.

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

Original content

Peanut stocks reported in commercial storage on May 31, 2022 totaled 3.22 billion pounds of equivalent farmer stock, compared with 2.90 billion pounds a year ago. This total includes 2.42 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 764 million pounds of farmer stock equivalent. Roasting stock totaled 32.4 million pounds. Shelled peanut stocks totaled 575 million pounds of which 549 million pounds were edible grades and 25.4 million pounds were oil stocks. Edible grade stocks by type included 88.8 million pounds of Virginias and Valencias, 431 million pounds of Runners, and 29.2 million pounds of Spanish. Millings in May totaled 399 million pounds. Millings by type were 81.2 million pounds of Virginias and Valencias, 311 million pounds of Runners, and 6.96 million pounds of Spanish. Commercial processors utilized 200 million pounds of shelled edible grade peanuts during May. Utilization by type was 114 million pounds for all peanut butter products, 39.2 ...

Source: Agfax