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Peanut Stocks Rise 39%
WASHINGTON - Sep 27/02 - SNS -- Peanut stocks in all positions in the United States at the end of August were 39% above year earlier levels at 1.18 billion pounds of equivalent farmer stock, according to the latest data available from the USDA.
Shelled peanuts on hand totaled 692 million pounds of farmer stock equivalent. Roasting stock totaled 45.4 million pounds. There were no Commodity Credit Corporation uncommitted stocks on hand as of August 31, 2002.
Shelled peanut stocks totaled 521 million pounds of which 505 million pounds were edible grades and 15.2 million pounds were oil stocks. Edible grade stocks by type included 111 million pounds of Virginias, 357 million pounds of Runners, and 37.1 million pounds of Spanish.
August millings totaled 106 million pounds. Millings by type were 2.60 million pounds of Virginias, 99.1 million pounds of Runners, and 4.19 million pounds of Spanish.
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