More details have been released on the peanut stocks and processing report from USDA. They said this past year the shellers milled 441 million pounds during the month of July. That’s 13.3 percent more than last year. Commercial processors utilized 206 million pounds and that is up 6.8 percent, so the market looks pretty good. Considering categories, they said the …
Stocks and Processing Report Shows Increase in Peanut Popularity
Well, the Stocks and Processing Report gives us more details on how peanuts are being utilized. According to USDA in their 10th month report, they said that raw peanuts in primary products are up an amazing 6.3 percent. That’s August through May compared to last year. Peanut usage is up; peanut butter usage is up 6.3 percent for the period. …
Peanut Stocks and Processing Report Review
Well, the peanut farmers keep watching the Peanut Stocks and Processing Report from USDAÂ and it shows they have too many peanuts. Matter of fact, the commercial storage right now is up 36.4% compared to the same time last year. Also, the shell peanut items that are stored in warehouses is also up 20.4% compared to last March. That’s pushing the price of peanuts down …



