United States: Utilization of peanut stock up by 4%, 3.55 billion pounds in storage

Peanut stocks reported in commercial storage on March 31, 2021 totaled 3.55 billion pounds of equivalent farmer stock, compared with 3.64 billion pounds a year ago. This total includes 2.77 billion pounds of actual farmer stock. Shelled peanuts on hand totaled 756 million pounds of farmer stock equivalent. Roasting stock totaled 26.9 million pounds. Shelled peanut stocks totaled 568 million pounds of which 545 million pounds were edible grades and 23.3 million pounds were oil stocks. Edible grade stocks by type included 71.9 million pounds of Virginias and Valencias, 428 million pounds of Runners, and 45.6 million pounds of Spanish. Millings in March totaled 461 million pounds. Millings by type were 76.8 million pounds of Virginias and Valencias, 367 million pounds of Runners, and 17.5 million pounds of Spanish. Commercial processors utilized 216 million pounds of shelled edible grade peanuts during March. Utilization by type was 131 million pounds for all peanut butter products, ...