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PEANUT MARKETING NEWS – June 17, 2019 – Tyron Spearman, Editor (72)
PEANUT SUPPLY & DISAPPEARANCE– Source: Crop Production and Peanut Stocks and Processing, NASS, USDA, Census
Bureau and U.S. Department of Commerce – June 13, 2019. (OIL CROPS OUTLOOK) – Million pounds,
Acres (1,000) Yield Supply Disappearance
Yr. Beg Planted Harvest Lbs/ac Begin Imports Prod. Total Dom. Crush Seed & Exports TOTAL Ending
Aug. 1 Stocks Food Residual Stocks
2017/18 1,872 1,776 4,007 1,442 171 7,115 8,728 3,149 705 885 1,273 6,011 2,717
2018/19 1,426 1,369 3,991 2,717 110 5,462 8,289 3,098 650 882 1,250 5,880 2,409
2019/20 1,449 1,391 4051 2,409 100 5,635 8,144 3,148 704 804 1,275 5,931 2,213
Divide by 2,000 to get exact farmer stock numbers. 2017/18 is Estimated, 2018/19 & 2019/20 are forecast
Minor changes were posted by the team evaluating Peanut Supply and Disappearance. Domestic consumption of peanuts is
projected up 1.6%, note that usage was down last year 1.6%, so we are back even. Stocks and Processing showed usage down
1.1% after 9 months (Aug18-Apr19).
Exports did the same thing, down 1.8% last year and projected up this year by 1.8%. The 9 months totals from FAS
shows exports down 4.8%. The market factor that is recognized as a depressant is the Ending stocks or Carry Forward. However,
ending stocks are declining, dropping 11% last year and projected to drop 8.1% this year, but still showing 1,102,000 tons. To
reduce the Ending Stocks requires a cut-back in acreage to lower production or SELL MORE PEANUTS at home and abroad.
USDA will issue the estimated planted acres next Friday, June 28 at Noon.
USDA HAS PEANUT ADVISORY COMMITTEE ON TRADE - Congress established the advisory committee system in 1974 to
ensure that U.S. agricultural trade policy objectives reflect U.S. public- and private-sector commercial and economic interests. USDA
and the Office of the U.S. Trade Representative jointly manage the committees. The Agricultural Policy Advisory Committee
provides advice and information to the Secretary of Agriculture and the U.S. Trade Representative on the administration of
trade policy, including enforcement of existing trade agreements and negotiating objectives for new trade agreements.
The Agricultural Technical Advisory Committees offer technical advice and information about specific commodities and
products. The appointees will serve until June 15, 2023, and the committees will be supplemented by additional appointments over the
next four years. Individuals are encouraged to apply for committee membership at any time and applications will be reviewed
periodically. More information about the committees is available at https://www.fas.usda.gov/topics/trade-advisory-committees.
Members representing peanuts are: Grant Belden of Golden Peanut and Tree Nuts, Dell Cotton of Peanut Growers
Marketing Assoc., Stephanie Grunenfelder of American Peanut Council, Don Koehler of the Georgia Peanut Commission,
Richard Pasco of American Peanut Product Manufacturers and Evans Plowden of American Peanut Shellers Association.
BARTERING FORFEITED PEANUTS – USDA, acting under authority granted in 7 U.S. Code § 1431, plans to conduct a barter
of farmer stock peanuts acquired by Commodity Credit Corporation (CCC) in exchange for commercial peanut butter.
The initial solicitation will be issued in the near future for commercial peanut butter in exchange for CCC owned farmer
stock peanuts in store. Contemplated delivery dates are January 1, 2020 through September 30, 2020.
For the purpose of bidding, the United States will be divided into five regions. The CCC owned farmer stock peanuts will be
grouped by “lots”, which will include multiple warehouse receipts. The resulting award will be a firm-fixed price, indefinite delivery,
definite quantity contract. Multiple awards may be made. Orders specifying a two-week delivery period and location will
be issued 45 days prior to the start of each delivery period. Deliveries are expected to be to various locations in the United States on an
FOB destination basis. Offers must be received not later than the date specified on the solicitations. Solicitations will be
available electronically on FedBizOpps (FBO.gov) and the AMS Commodity Procurement Website.
Commercial peanut butter acquired under this contract must be a product of the United States and shall be considered to be
such a product if it is grown, processed, and otherwise prepared for sale or distribution exclusively in the United States. Packaging and
container components under this acquisition will be the only portion subject to the World Trade Organization Government
Procurement Agreement and Free Trade Agreements. Offerors are urged to review the commodity specification, PP16 Peanut
Products For Use In Domestic Programs. This document is available on the AMS Commodity Procurement website.
To be eligible to submit offers, potential contracts must be registered on SAM.gov. All commercial peanut butter shall be supplied
from AMS approved plant locations. Inquiries may be directed to the Contracting Officer, Kyla Stoufer, at 816-926-8828 or
kyla.stoufer@usda.gov.
NOTE: CCC has held a successful barter of 46,390 farmer stock tons for 12,718,080 lbs of peanut butter in May.