We told you yesterday the latest USDA Peanut Stocks and Processing Report shows lower usage of U.S. peanuts. Today, Tyron Spearman breaks down more numbers from this report.
More Numbers from USDA’s Peanut Stocks and Processing Report
Last week, the U.S. Department of Agriculture released their monthly Peanut Stocks And Processing Report. Tyron Spearman runs through more numbers from that report.
Lower Peanut Usage in August
USDA’s latest Peanut Stocks and Processing Report is showing peanut usage was lower in August. Tyron Spearman has the numbers from the new report.
More Peanuts on Hand Compared to Last Year
USDA’s latest Peanut Stocks and Processing Report is showing as of January,stocks in commercial storage are up 19.8% compared to this time last year. Tyron Spearman runs through the new numbers.
Peanut Consumption Numbers Vary
While the consumption of candy made with peanuts was higher in the latest USDA Peanut Stocks and Processing Report, Tyron Spearman reports some of the other categories were a bit lower.