The present disclosure provides a peanut whole-process production line and a method. The peanut whole-process production line includes a peanut cleaning system, a shell breaking system, a skin removing system, a peanut kernel classification system, an ultra-fine pulverization system and a classification packaging system; a first procedure is cleaning and impurity removal of peanuts, breaking of peanut shells is performed after the cleaning and impurity removal of peanuts, removal of peanut kernel skins and ultra-fine pulverization of the peanut shells are respectively performed after the breaking of peanut shells, classification of peanut kernels is performed after the removal of peanut kernel skins, and classification packaging of ultra-fine peanut shell powder is performed after the ultra-fine pulverization of the peanut shells; whole-process processing of peanuts is completed by using the peanut whole-process production line, and peanut resources are fully utilized.