peanut stocks

Details on Peanut Stocks and Processing

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 …

peanuts

Peanuts Stocks and Processing Numbers Released

USDA’s stocks and processing for peanuts has been announced with some new numbers lowering the number of peanuts that will go into the market this year because of a cut back in acres. There’s 5.4 billion pounds expected. That’s 2,709,000. That’s down 25 percent with a lower harvested area and offset by higher yield. The higher yield is about 200 …