Production:

Based on GOI data, Indonesian peanut area and production continues to decline. As a result, Post expects peanut production to decline to 630 thousand MT in 2014/15 and 615 thousand MT in 2015/16.

Consumption:

Peanut consumption is divided into household, home industry and large scale industry consumers. Home industry uses about 81 percent of total peanut consumption for food. Household peanut food use is expected to decline slightly to 1.25 MMT in MY 2014/15 and 2015/16, following similar declines in production.

Peanut oil consumption in Indonesia is nearly non-existent due to its limited availability compared to palm and coconut oil. Therefore, Post expects the volume of peanuts for crushing will remain around 50,000 MT in MY 2014/15 and 2015/16. Feed use of peanuts is expected to reach 100,000 MT in MY 2014/15 and 2015/16.

Trade:

Post expects peanut imports to remain stable at 275 thousand MT in MY 2014/15 and 2015/16. Post will continue surveillance on production, which may drive down imports if yields improve.

Stocks:

Ending stocks are expected to remain stable at 71,000 MT in MY 2014/15 and 68,000 MT in MY 2015/16, reflecting relatively stable production, consumption, and imports.

Production, Supply and Demand Data Statistic

Oilseed, Peanut

2013/2014

2014/2015

2015/2016

Market Begin Year

Oct-13

Oct-14

Oct-15

Indonesia

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Area Planted

0

0

0

0

0

0

Area Harvested

655

655

630

630

0

615

Beginning Stocks

36

36

38

53

0

71

Production

1,160

1,160

1,150

1,150

0

1,130

MY Imports

310

276

310

275

0

275

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

1,506

1,472

1,498

1,478

0

1,476

MY Exports

8

9

8

7

0

8

MY Exp. to EU

0

0

0

0

0

0

Crush

65

55

65

50

0

50

Food Use Dom. Cons.

1,330

1,290

1,300

1,250

0

1,250

Feed Waste Dom. Cons.

65

65

95

100

0

100

Total Dom. Cons.

1,460

1,410

1,460

1,400

0

1,400

Ending Stocks

38

53

30

71

0

68

Total Distribution

1,506

1,472

1,498

1,478

0

1,476

CY Imports

310

282

310

290

0

275

CY Imp. from U.S.

0

0

0

0

0

0

CY Exports

8

0

8

0

0

0

CY Exp. to U.S.

0

0

0

0

0

0

TS=TD

0

0

0

0

0

0