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From a post by Virginia Carolina Peanut Company HOW MANY PEANUTS AND HOW MUCH PEANUT BUTTER? Approximately 1 ½ pounds raw inshell peanuts = 1 pound raw shelled or 3 ¼ cups. Approximately 6 ounces raw shelled peanuts = 1 cup. 12 ounces roasted shelled peanuts = 2 cups. Approximately 2 cups roasted shelled peanuts ground…