Peanut Stocks Total 2.06 Billion Pounds

WASHINGTON - Mar 27/03 - SNS -- Peanut stocks in the United States finished February with 2.06 billion pounds of equivalent farmer stock on hand, compared to 3.61 billion pounds last year. This total includes 1.30 billion pounds of actual farmer stock.

Shelled peanuts on hand totaled 712 million pounds of farmer stock equivalent. Roasting stock totaled 50.5 million pounds. There were no Commodity Credit Corporation uncommitted stocks on hand as of February 28, 2003.

Shelled peanut stocks totaled 536 million pounds of which 509 million pounds were edible grades and 26.2 million pounds were oil stocks. Edible grade stocks by type included 78.2 million pounds of Virginias, 396 million pounds of Runners, and 35.6 million pounds of Spanish.

February millings totaled 327 million pounds. Millings by type were 63.8 million pounds of Virginias, 254 million pounds of Runners, and 9.00 million pounds of Spanish.

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