global oilseed consumption continues to grow despite ... · global protein meal trade is projected...

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

June 2019

Global Oilseed Consumption Continues to Grow Despite

Slowing Trade and Production

Global oilseed production is forecast to decline slightly in 2019/20 in contrast to the steady rise

observed over the past several years. Soybean production is projected to fall as reduced

plantings and harvest in North America more than offset increases in all other regions.

Sunflowerseed production is also forecast to fall as flat or declining production is expected in all

major producing regions. Both rapeseed and palm kernel output are expected to grow with

rapeseed production nearly flat to rising in most regions while palm kernel rises with growing

palm oil.

Global oilseed consumption is forecast to rise as growing demand for protein feeds continues to

drive the market. African Swine Fever in China and Vietnam continues to slow previous strong

demand growth in these markets. However, low oilseed prices and expected strong global

demand for meat and fish drives consumption elsewhere. Soybean consumption, representing 60

percent of the oilseed sector, will continue to be the driving force in total volume growth.

Global oilseed trade is forecast to rise slightly in 2019/20 yet remains below the record volume

set in 2017/18. Limited import growth in China and Vietnam are the primary drivers with annual

trade growth expected to reach 1 percent in the coming year versus near 6 percent earlier in the

decade.

Global oilseed ending stocks are forecast to remain relatively unchanged as higher rapeseed

stocks nearly offset flat to lower carry-over for all the remaining major oilseeds.

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Global Oilseed Production and Consumption

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Global Oilseed Exports and Stocks

Exports Stocks

Global protein meal consumption is forecast to grow 2 percent in 2019/20, a bit faster than the

prior year yet still about half the level of growth observed earlier in the decade. Weaker growth

in China is the principal factor in the slower pace of consumption. Global protein meal trade is

projected to show strong growth in 2019/20 at 2.5 percent though down from the current year

forecast of 5 percent growth from 2017/18 resulting from the recovery in Argentine soybean

crush and meal trade.

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Global Protein Meal Consumption

Soybean Rapeseed Sunflowerseed Cottonseed

Palm Kernel Peanut Fish Copra

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Global Vegetable Oil Production and Consumption

Oil, Palm Oil, Soybean Oil, Rapeseed

Oil, Sunflowerseed Oil, Palm Kernel Oil, Cottonseed

Oil, Peanut Oil, Coconut Oil, Olive

Consumption

Foreign Agricultural Service/USDA 2 June 2019Office of Global Analysis

Global vegetable oil consumption is projected to expand, though at a slightly slower pace than

in recent years. Food use consumption is forecast to grow 2.8 percent, down from the 3.3

percent pace observed in recent years. Industrial use, primarily for fuel, is projected to slow in

2019/20. Global vegetable oil trade is forecast to grow on pace with consumption with palm

oil’s share of trade remaining nearly constant at just over 60 percent. With global vegetable oil

production failing to keep pace with consumption, global vegetable oil stocks as a percent of

consumption is expected to decline to below 10 percent in 2019/20, the lowest since the mid-

1990’s.

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Global Vegetable Oil Stocks and Use


PROJECTION FOR 2019/20

Global oilseed production is forecast at 597.8 million tons, down less than 1 percent from 2018/19.

Soybean production is projected at 355.4 million tons, down 6.7 million tons or roughly 2 percent.

Reductions in the United States, Canada, Argentina and India more than offset gains for Brazil,

Paraguay, and China. Rapeseed, cottonseed, and palm kernel production is projected higher while

reductions are forecast for sunflowerseed and peanut. Soybean imports are forecast to rise from the

2018/19 depressed level. Brazil is expected to be the leading soybean exporter in 2019/20 in

response to a larger projected harvest and preferential access to China. Growing demand for protein

feed outside of China will more than offset weaker demand growth in China leading to a 2 percent

rise in global oilseed disappearance. This increase, along with reduced global oilseed production,

will keep ending stocks nearly steady after three years of significant expansilon. Trade of soybean

meal and soybean oil are both forecast to expand on growing global demand. The U.S. season-

average farm price for soybeans is projected at $8.25 per bushel, a rise in $0.15 from last month.

EXPORT PRICES

U.S. soybean export bids in May, FOB Gulf, averaged $326/ton, down $14 from April. Brazil

Paranagua averaged $338/ton, up $2 from April. Argentina Up River FOB averaged $320/ton, up $1

from last month. U.S. soybean meal export bids (FOB Gulf) in May averaged $334/ton, down

$10/ton from April. Brazil Paranagua FOB averaged $312/ton, down $3 from April while Argentina

Up River FOB averaged $311/ton, down $2 from the previous month.

The export price spread between U.S. and Argentine soybeans narrowed over the past month. A

$20/ton discount for Argentine soybeans in early May evaporated in the latter half of the month

and have followed U.S. prices higher into early June. Brazil soybeans, which had been trading at a

discount to U.S. origin in early May are currently showing a premium of nearly $20/ton in early

June. Prices for U.S. soybeans surged $20/ton in the last week of May and currently trade near

early April levels, though unlike in April, at a discount to Brazil and on par with Argentina. For

soybean meal, the price spread between U.S. and South American origin has declined over the past

month with U.S. premiums running $22/ton above Argentine and Brazilian meal in late May versus

nearly $30/ton in April and early May.

OVERVIEW FOR 2018/19

Global 2018/19 oilseed production is raised slightly this month to 601.4 million tons. Larger

peanut production in Argentina and cottonseed production in India more than offset small

changes in Argentine sunflowerseed and Australia cottonseed. Global soybean exports are

forecast lower this month as a 2-million-ton reduction in U.S. exports more than offsets an

increase in Argentina. Soybean imports are also lower following a 1-million-ton decline in the

China forecast to 85 million. Global soybean ending stocks are lowered 384,000 tons this

month as reduced stocks in Argentina and China more than offset an increase in the United

States to 29.1 million tons. The U.S. season-average farm price for soybeans is reduced by

$0.05 to $8.50 per bushel.


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nSOYBEAN EXPORT PRICES

Argentina (Up River) Brazil (Paranagua) U.S. (Gulf)

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SOYBEAN MEAL EXPORT PRICES

Argentina (Up River) Brazil 48% (Paranagua) US 48% (Gulf)

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SOYBEAN AND PALM OIL EXPORT PRICES

Argentina (UpRiver) Soy OilBrazil (Paranagua)Soy OilUSA (Gulf) Soy Oil

Indonesia Palm Oil

Malaysia Palm Oil


EXPORT SALES

For the week ending May 30, 2019, U.S. 2018/19

soybean export commitments (outstanding sales

plus accumulated exports) to China totaled 13.6

million tons compared to 28.7 million a year ago.

Total commitments to the world were 46.7

million tons, compared to 55.6 million for the

same period last year. Accumulated soybean

exports were at 34.9 million tons, down 11.7

million from last year. Accumulated soybean

exports to China were at 6.9 million tons, over 20

million tons lower compared to last year.

Shipments to the rest of the world were at 21.0

million tons, 5.1 million above last year for the

same period.

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U.S. Soybean Accumulated Exports as of May 30

China the EU Rest of World

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China Unknown Rest of World

U.S. Soybean Outstanding Sales as of May 30

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U.S. Soybean Total Commitments as of May 30


OUTLOOK FOR 2019/20

SOYBEANS

Global soybean production in 2019/20 is forecast to reach 355.4 million tons, a decline of 6.7

million tons below the 2018/19 production estimate. This decrease primarily reflects a reduction

in planted area and return to trend yield in the United States. The reduced area is in response to

low prices, high carry-over, weather issues, and uncertainty over trade with China. Production

increases are expected in Brazil, China, Paraguay and India totaling 8.7 million tons following

increases in harvested area. Despite the smaller area in the United States, global harvested area

is forecast to expand nearly 1 percent to a record 126.7 million hectares.

Despite the decline in global production, total global soybean supply is projected to rise 1.5

percent with larger carryin from 2018/19, primarily from the United States. Continued growth in

global demand will likely balance supply growth this year leaving global ending stocks nearly

unchanged from 2018/19. The global stocks/use ratio will fall slightly, but will remain at a

healthy level.

Global soybean trade is forecast to rise less than 1 percent in 2019/20 while remaining below

2017/18’s record level. U.S. exports are projected to rise from the current year’s low level, more

than offsetting declines from most other exporters. Brazil and the United States will continue to

be the main global soybean suppliers accounting for nearly 85 percent of global trade. China is

projected to remain the leader in global imports at 58 percent of trade, though down from a peak

of 65 percent as recently as 2016/17.

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Million Hectares

Annual Change in Harvested Soybean Area in Major Exporting Countries

United States Other South America

Brazil Argentina

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Global Soybean Production to Match Consumption

Production Total Dom. Cons.


Global soybean meal imports are forecast to grow 3.5 percent in 2019/20 in line with growing

protein feed demand. Argentina continues to expand exports following the reduced meal output

corresponding with the 2017/18 drought and boosting its global export share to a projected 45

percent in 2019/20, near its long-term average. Imported soybean meal, as a share of global

consumption has leveled off at near 27.5 percent after declining from roughly a third of

consumption in the early 2000’s reflecting mostly the slowdown in China’s meal consumption.

Global soybean meal consumption is forecast to grow 2 percent with the largest volume

increases in North and South America and Southeast Asia.

Soybean oil exports are forecast to rise 5 percent in 2019/20 with total volume projected to reach

11.8 million tons and equaling the record set in 2015/16. Growing exportable supplies resulting

from an increase in Argentine production will help propel sales into the new year, assisted by

growing demand and competitive pricing. Ending stocks will decline only slightly, but remain

significantly below the 5-year average.

Highlights

o U.S. soybean exports are projected to rise 6.8 million tons to 53.1 million, while meal and

oil exports are forecast lower at 12.3 million and 816,000 tons, respectively.

o Argentina soybean exports are projected to decline 750,000 tons to 7.0 million, meal

exports are forecast to grow 2.9 million tons to 31.0 million, and oil is up 550,000 tons to

5.6 million, all in response to increased supplies resulting from a improved crush volume.

o Brazil soybean exports are projected down 3.5 million tons to 75.0 million, meal exports

are cut 500,000 tons to 15.2 million, and oil exports are expected slightly higher at 1.3

million tons.

o China soybean imports are projected up 2.0 million tons to 87.0 million, while meal

exports remain stable at 900,000 tons. Oil imports are forecast to rise 200,000 tons to 1.1

million tons.

o EU soybean imports are projected to fall 400,000 tons to 15.1 million with meal imports

up 300,000 tons at 19.0 million. Oil imports are forecast unchanged at 325,000 tons

while exports are flat at 1.0 million tons.

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Global Soybean Meal Imports and Share of Global Consumption

Soy meal Imports Share of consumption

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Global Soybean Oil Exports


o India soybean oil imports are forecast to rise 100,000 tons to 3.5 million. Soybean meal

exports are projected unchanged at 1.9 million tons.

o Vietnam soybean imports are projected to rise 250,000 tons to 2.5 million tons, while

soybean meal imports are projected to grow 100,000 tons to 5.1 million tons.

o Pakistan soybean imports are forecast to grow 100,000 tons to 2.6 million.

o Egypt soybean imports are up 150,000 tons to 3.5 million while meal imports are

expected to rise 100,000 tons to 925,000.

RAPESEED

Global rapeseed production in 2019/20 is projected to rise 2.0 million tons, 2.7 percent more

than in the current year. Production gains are forecast for Australia, China, and Ukraine, with no

change in Canada and declines in India, the European Union, and United States. Global exports

are forecast to rise modestly to a record 16.9 million tons, buoyed by larger exportable supplies

in Australia, and Ukraine. Canada’s slowing exports will contribute to growing ending stocks,

projected to reach a record 4.4 million tons. Weak growth in China’s import demand and its

continued trade issues with Canada are expected to limit Canada’s exports. Global rapeseed

crush is forecast to grow modestly in the coming year, leading to increases in both rapeseed meal

and oil output.

Highlights

o Canada rapeseed exports are projected 500,000 tons lower at 10.1 million tons, meal

exports are up slightly to 4.8 million tons, while oil exports are nearly unchanged at 3.3

million tons.

o Ukraine rapeseed exports are projected 1.0 million tons higher to 3.5 million.

o Australia rapeseed exports are boosted 400,000 tons to 2.3 million. Rapeseed oil exports

are nearly unchanged at 156,000 tons.

o U.S. rapeseed imports are projected higher at 760,000 tons, meal imports are raised to 3.3

million tons, and oil is slightly higher at 1.8 million tons.

o China rapeseed imports are projected to rise 100,000 tons to 4.1 million tons, meal

imports are lowered to 1.2 million tons, and oil imports are higher at 1.4 million tons.

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Falling Canadian Rapeseed Trade as Australia and Ukraine See Gains

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Canada Propels Global Rapeseed Stocks Higher

Canada AustraliaEuropean Union ChinaROW


o European Union rapeseed imports are projected to rise 300,000 tons to 4.2 million while

exports are expected to remain unchanged at 650,000 tons.

SUNFLOWERSEED

Global sunflowerseed production in 2019/20 is forecast to reach 51 million tons, a half-million-

ton decline from the current year’s record output. Reduced production in Russia and Ukraine on

smaller area harvested and lower output in Turkey with lower yield are the primary drivers.

Ending stocks are projected lower as both trade and crush are forecast to grow in spite of the

smaller harvest.

Global sunflowerseed meal imports are forecast to remain unchanged at 7.8 million tons on

continued strong demand in China. China is projected to consume 2.1 million tons in 2019/20,

up slightly from the current year and double the level recorded in 2017/18 as the industry looks

for alternative feed ingredients. Sunflowerseed oil imports are forecast up at 8.8 million tons,

the second-highest on record. This reflects growing import demand in India, China, and the

European Union. Global consumption is also higher reflecting increased disappearance in China,

the European Union, Russia, and Ukraine. Consumption in India is projected lower despite the

increase in imports in response to reduced domestic production. Global stocks are forecast to

remain at comfortable levels, nearly unchanged from the current year at 2 million tons.

Highlights

o Ukraine sunflowerseed exports are forecast to rise 50,000 tons to 150,000 tons.

Sunflowerseed meal and oil exports are projected to fall to 4.7 and 5.6 million tons,

respectively on lower supplies.

o Russia sunflowerseed exports are forecast 50,000 tons higher at 200,000 tons.

Sunflowerseed meal exports are forecast to reach a record 1.5 million tons while oil

exports are projected to rise 300,000 tons to a record 2.6 million.

o EU sunflowerseed imports are forecast at 600,000 tons while exports are projected at

500,000 tons. Sunflowerseed meal imports are forecast to decline 100,000 tons to 3.4

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Growing Sunflowerseed Crush Spurs Meal Trade and Use

MY Imports

Feed Waste Dom. Cons.

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Sunflower Oil Consumption Continues to Grow

European Union ChinaIndia ME/N AfrRussia ROW


million. Sunflowerseed oil imports and exports are projected to grow slightly, reaching

1.6 million and 540,000 tons, respectively.

o India sunflowerseed oil imports are forecast to rise 50,000 tons to 2.5 million tons.

o China sunflowerseed imports and exports are projected at 225,000 and 400,000 tons,

respectively. Sunflowerseed meal imports are projected 50,000 tons higher at 1.1 million

while sunflowerseed oil imports are forecast to rise 200,000 tons to 1.0 million.

o Turkey sunflowerseed imports are expected to rise 100,000 tons to 600,000. Meal

imports are forecast higher at 960,000 tons and oil imports lower at 425,000 tons.

PEANUTS

Global peanut production in 2019/20 is forecast down nearly 1.0 million tons to 45.0 million, as

area harvested in Sudan is projected to decline significantly. Elsewhere, harvested area is

forecast to remain nearly unchanged or slightly higher leading to a 1 percent rise in projected

area with little change in production on trend yields. Global exports are projected higher along

with crush as increases in India and China production support an increase in crush. Global

ending stocks are projected to decline 17 percent, mainly on reduced production in Sudan and

Nigeria. Ending stocks in the United States are also forecast lower at 1.0 million tons, yet

remain historically high.

Highlights

o U.S. exports are forecast to rise slightly to 578,000 tons.

o Argentina exports are projected 40,000 tons lower to 800,000.

o India exports are forecast to rise 150,000 tons to 750,000 on greater supplies.

o Senegal exports are unchanged at 150,000 tons.

o EU imports are 10,000 tons higher at 980,000.

o China imports are forecast lower at 225,000 tons and exports are projected unchanged at

700,000 tons.

o Vietnam imports are 25,000 tons higher to 175,000.

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Major Peanut Importers

European Union Other AsiaChina VietnamCanada Mexico


COTTONSEED

2019/20 global cottonseed production is projected at 45.9 million tons, up nearly 1 percent in

line with expanded cotton plantings. Higher production in the United States, the largest since

2006, and a rebound in India’s crop are the main drivers, offsetting lower output in Brazil,

Argentina and Australia. With trade accounting for less than 2 percent of production,

consumption changes will reflect production with increased disappearance in the United States

and India. Global crush is projected to rise 3 percent with a corresponding increase in meal and

oil supplies. Global ending stocks are forecast to decline 8 percent bringing carry-over down to

more comfortable levels.

Highlights

o Australia cottonseed exports are forecast down 50 percent to 70,000 tons.

o U.S. exports are projected up 22,000 tons to 408,000.

o Brazil exports are forecast at 50,000 tons, up 10,000.

o China imports are projected to grow 25,000 tons to 150,000. o Saudi Arabia imports are nearly unchanged at 110,000 tons.

o Mexico imports are forecast unchanged at 80,000 tons.

o South Korea imports are expected to remain at 150,000 tons while Japan imports are

also unchanged at 105,000 tons.

PALM OIL AND PALM KERNEL

Global palm oil production in 2019/20 is forecast to continue growing at a healthy pace as key

exporters Malaysia and Indonesia expand acreage and production. Palm oil as a share of global

oil trade is projected to remain near the long term average of 61 percent while global palm oil

consumption as a share of total oil consumption continues to rise. While palm oil’s share of

food use consumption is forecast to reach 34 percent, up three percentage points over the past 10

years, non-food use consumption as a percentage of global oil disappearance is projected to

reach 44 percent, up 12 percentage points since 2010/11. Much of this growth is occurring in

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Cottonseed Consumption Rises with Growing Supplies

India China United States

Pakistan Brazil Other

Consumption


Malaysia and Indonesia where both the biofuel and oleo-chemical industry are expanding.

Global palm oil stocks are forecast to decline in 2019/20 yet remain near the 10-year average of

9.5 million tons.

Highlights

o Indonesia exports are forecast up 1.0 million tons to 30.0 million, while Malaysia is up

700,000 tons to 18.0 million.

o India imports are forecast up 250,000 tons to 10.8 million, while Bangladesh and

Pakistan are both up 100,000 tons to 1.9 million and 3.3 million, respectively.

o U.S. imports are up 25,000 tons to 1.5 million.

Global palm kernel production in 2019/20 is forecast to rise, reflecting the expected growth in

palm oil production. Palm kernel meal trade is forecast to rise slightly as well, with demand for

industrial use of palm kernel hulls expected to continue. Leading importer New Zealand is

forecast to remain steady while EU and Asian imports are expected to rise slightly. Japan

imports are projected to grow based on their feed-in tariff and biomass policies. Palm kernel oil

imports are projected to rise in line with growing availability in Indonesia.

Highlights

o Indonesia meal exports are up 130,000 tons to 5.0 million, and oil exports are up 70,000

tons to 1.9 million.

o Malaysia meal and oil exports are mostly unchanged at 2.5 million and 950,000 tons,

respectively.

o EU meal imports are projected 100,000 tons lower at 2.1 million, while oil imports are up

modestly at 720,000 tons.

o New Zealand meal imports are unchanged at 2.3 million tons.

o China oil imports are 25,000 tons higher at 775,000 tons.

o U.S. oil imports are up slightly to 365,000 tons.

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Palm Oil Production and Exports Trend Higher

Indonesia Malaysia Other Exports


OLIVE OIL

Global olive oil production in 2019/20 is forecast at 3.4 million tons, up 9 percent. The

European Union remains the largest producer with 70 percent of the world’s olive

output. Production prospects in the EU are expected to improve and reach over 2.3 million tons.

The European Union is investing in modernizing the olive oil sector with new equipment,

improved agronomic practives, and expanded plantations. These efforts paired with good spring

conditions are projected to result in greater production in 2019/20 and future years.

Olive oil exports are forecast slightly up in 2019/20 to 1.1 million tons with all exporters

experiencing an increase from last year and imports also remaining strong at 1.0 million tons.

Ending stocks are slowly recovering to more historical levels. Olive oil stocks are foreacast up

31,000 tons to 606,000 for 2019/20.

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s)

Palm Kernel Meal Industrial Use and Exports

Palm Kernel Meal Industrial Use Palm Kernel Meal Exports

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

Mill

ion

To

ns

Global Olive Oil Production and Consumption

Production Total Dom. Cons.

0.0

0.2

0.4

0.6

0.8

1.0

1.2

Mill

ion

To

ns

Global Olive Oil Imports and Exports

MY Imports MY Exports


Highlights

o EU exports are forecast to grow to 700,000 tons, and imports are projected to increase to

220,000 tons.

o Tunisia exports are forecast to rise 90,000 tons to 220,000.

o Turkey exports are projected to grow 5,000 tons to 75,000.

o U.S. imports are projected up slightly to 350,000 tons.

COPRA

Global copra production in 2019/20 is forecast to decline 2.8 percent, due to reduced output

from the Philippines caused by stress on the trees after two years of heavy nut bearing.

Copra meal production is projected to slightly decrease due to lower copra production in the

Philippines while all other countries remain unchanged.

Coconut oil production is down 2.4 percent, while global imports are projected to increase

4.7 percent.

Highlights

o Malaysia coconut oil imports are forecast to rise to 180,000 tons, and exports are

increased to 125,000 tons.

o Philippines oil exports are forecast lower at 950,000 tons on decreased production.

o Indonesia oil exports are down 30,000 tons to 600,000, while meal exports are dropped

15,000 tons to 280,000.

o U.S. oil imports are up slightly to 465,000 tons, while the EU remains the top global

importer at 650,000 tons.

0.0

0.2

0.4

0.6

0.8

1.0

1.2

1.4

1.6

1.8

2.0

2014/2015 2015/2016 2016/2017 2017/2018 2018/2019 2019/2020

Mill

ion

To

ns

Global Coconut Oil Imports

China European Union Malaysia United States Rest of World


FISHMEAL

Global fishmeal production and exports are expected to rise slightly in 2019/20. Peru continues

to be the largest producer accounting for 23 percent of world production. Peru is also the leading

exporter followed by the European Union, Vietnam, and China. China is the world’s largest

consumer and importer of fish meal. The United States produces 5 percent of the world’s fish

meal and exports 58 percent of its production. Fishmeal is a key ingredient for aquaculture, but

continues to face competition with soy meal as an alternative and cheaper protein source.

Highlights

o Peru exports rise 10,000 tons to 1.1 million.

o China imports rise 110,000 tons to 1.4 million.

0.0

0.5

1.0

1.5

2.0

2.5

2014/2015 2015/2016 2016/2017 2017/2018 2018/2019 2019/2020

Mill

ion

To

ns

Global Fishmeal Production

North & South America East & SE Asia

EU & Other Europe China

Rest of the World


2018/19 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

United

States

Oilseed, Soybean Exports 48,307 46,266 -2,041 Expected decline in exports to

China

Argentina

Oilseed, Soybeans Exports 6,300 7,750 +1,450 Due to increased exports to China

Oilseed, Peanut Exports 740 840 +100 In response to increased production

China

Meal, Fish Imports 1,325 1,400 +75 Due to rising demand

Oilseed, Sunflowerseed Exports 425 475 +50 Reflects larger exports to Turkey

Oilseed, Soybean Imports 86,000 85,000 -1,000 Due to reduced imports projected

from the United States

European

Union

Oil, Sunflowerseed Imports 1,500 1,600 +100 Based on trade trend

Turkey Oilseed, Sunflowerseed Imports 500 600 +100 Reflects increased imports from

China

2019/20 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

Argentina Oilseed, Peanut Exports 750 800 +50 In response to an increase in

production

Ukraine

Oilseed, Soybean Exports 1,100 1,020 -80 In response to lower production

Meal, Soybean Exports 2,000 1,900 -100 Lower crush reducing exportable

supplies

Note: All figures are in thousand metric tons.


Questions may be directed to:

Bill George (202) 720-6234 [email protected]

Elisa Loeser (202) 720-9459 [email protected]

To download the tables in the publication, go to the Production, Supply and Distribution Database

(PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click

the plus sign [+] next to Oilseeds.

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD)

database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and

Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases:

Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

Archives World Markets and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/ Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/


mailto:[email protected]

mailto:[email protected]

http://apps.fas.usda.gov/psdonline/psdHome.aspx

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

http://apps.fas.usda.gov/psdonline/psdHome.aspx

http://apps.fas.usda.gov/gats/default.aspx

http://apps.fas.usda.gov/esrquery/

http://gain.fas.usda.gov/Pages/Default.aspx

http://www.usda.gov/oce/commodity/wasde/

http://www.ers.usda.gov/topics/crops

http://www.nass.usda.gov/Publications/

List of Tables

SUMMARY TABLES

Table 01 Major Oilseeds: World Supply and Distribution (Commodity View)

Table 02 Major Protein Meals: World Supply and Distribution (Commodity View)

Table 03 Major Vegetable Oils: World Supply and Distribution (Commodity View)

Table 04 Major Oilseeds: World Supply and Distribution (Country View)

Table 05 Major Protein Meals: World Supply and Distribution (Country View)

Table 06 Major Vegetable Oils: World Supply and Distribution (Country View)

COMMODITY TABLES

Table 07 Soybeans: World Supply and Distribution

Table 08 Soybean Meal: World Supply and Distribution

Table 09 Soybean Oil: World Supply and Distribution

Table 10 Soybeans and Products: World Trade

Table 11 Palm Oil: World Supply and Distribution

Table 12 Rapeseed and Products: World Supply and Distribution

Table 13 Sunflowerseed and Products: World Supply and Distribution

Table 14 Minor Vegetable Oils: World Supply and Distribution

HISTORICAL TABLES

Table 15 World Oilseeds and Products Supply and Distribution

Table 16 World Soybeans and Products Supply and Distribution

Table 17 World Rapeseed and Products Supply and Distribution

Table 18 World Sunflowerseed and Products Supply and Distribution

Table 19 World Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution

COUNTRY TABLES

Table 20 United States Oilseeds and Products Supply and Distribution Local Marketing Years

Table 21 United States Soybeans and Products Supply and Distribution Local Marketing Years

Table 22 Brazil Soybeans and Products Supply and Distribution Local Marketing Years

Table 23 Argentina Soybeans and Products Supply and Distribution Local Marketing Years

Table 24 South East Asia Oilseeds and Products Supply and Distribution

Table 25 Middle East Oilseeds and Products Supply and Distribution

Table 26 European Union Oilseeds and Products Supply and Distribution

Table 27 China Oilseeds and Products Supply and Distribution

Table 28 India Oilseeds and Products Supply and Distribution

PRICES

Table 29 Oilseed Prices

Table 30 Protein Meal Prices

Table 31 Vegetable Oil Prices


Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

5.32 Oilseed, Copra 5.51 5.94 5.98 5.81 5.81

35.76 Oilseed, Cottonseed 39.09 45.15 43.53 45.83 45.75

15.97 Oilseed, Palm Kernel 17.39 18.76 19.50 20.05 20.05

41.12 Oilseed, Peanut 44.94 46.58 46.00 44.92 44.99

68.74 Oilseed, Rapeseed 69.43 74.91 72.80 74.80 74.80

316.57 Oilseed, Soybean 350.58 341.54 362.08 355.66 355.39

40.57 Oilseed, Sunflowerseed 48.05 47.84 51.47 50.95 50.95

524.05 Total 575.00 580.71 601.35 598.03 597.74

none

Imports none

0.13 Oilseed, Copra 0.11 0.11 0.10 0.11 0.11



3.30 Oilseed, Peanut 3.15 2.99 3.16 3.16 3.16


133.35 Oilseed, Soybean 144.22 152.92 148.56 150.82 150.82


153.52 Total 166.18 174.31 170.23 173.22 173.25

none

Exports none

0.15 Oilseed, Copra 0.19 0.18 0.19 0.19 0.19



3.53 Oilseed, Peanut 3.67 3.36 3.49 3.59 3.63


132.57 Oilseed, Soybean 147.50 152.96 149.69 151.15 151.05


153.35 Total 170.59 176.19 172.75 175.31 175.20

none

Crush none

5.28 Oilseed, Copra 5.40 5.84 5.86 5.71 5.71



16.74 Oilseed, Peanut 17.81 18.39 17.47 18.12 18.12


275.13 Oilseed, Soybean 287.80 295.14 301.63 308.20 308.10


444.84 Total 467.85 484.60 493.79 503.09 502.98

none

Ending Stocks none

0.08 Oilseed, Copra 0.07 0.07 0.07 0.06 0.06



3.46 Oilseed, Peanut 3.70 4.43 5.01 4.00 4.14


80.41 Oilseed, Soybean 96.16 99.10 112.80 113.09 112.66


93.89 Total 109.85 115.95 130.44 130.42 130.24

Totals may not add due to rounding


Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

1.77 Meal, Copra 1.81 1.95 1.96 1.92 1.92

13.10 Meal, Cottonseed 13.44 15.73 15.72 16.32 16.18

4.51 Meal, Fish 4.87 4.98 4.70 4.94 4.92

8.18 Meal, Palm Kernel 8.91 9.77 10.11 10.39 10.39

6.64 Meal, Peanut 7.09 7.32 6.93 7.20 7.20

38.61 Meal, Rapeseed 38.80 39.53 39.47 39.66 39.65

215.97 Meal, Soybean 225.93 232.35 236.38 241.72 241.51

16.51 Meal, Sunflowerseed 19.34 19.89 21.13 21.37 21.34

305.27 Total 320.19 331.52 336.41 343.52 343.10

none

Imports none

0.56 Meal, Copra 0.48 0.64 0.57 0.59 0.59

0.22 Meal, Cottonseed 0.24 0.31 0.34 0.35 0.35

2.46 Meal, Fish 3.07 3.01 2.94 2.98 3.01

6.41 Meal, Palm Kernel 7.58 8.14 8.08 8.11 8.11

0.02 Meal, Peanut 0.13 0.05 0.07 0.07 0.07

5.72 Meal, Rapeseed 5.90 6.22 6.57 6.66 6.66

62.10 Meal, Soybean 60.40 59.99 63.07 65.11 65.25


83.44 Total 84.76 84.96 89.12 91.39 91.55

none

Exports none

0.58 Meal, Copra 0.42 0.71 0.66 0.62 0.62

0.31 Meal, Cottonseed 0.38 0.49 0.45 0.45 0.45

2.21 Meal, Fish 2.53 2.50 2.60 2.61 2.61

6.45 Meal, Palm Kernel 6.72 7.17 7.50 7.67 7.67

0.05 Meal, Peanut 0.16 0.10 0.10 0.11 0.11

5.69 Meal, Rapeseed 5.98 6.35 6.80 6.86 6.86

65.53 Meal, Soybean 64.78 63.92 66.60 68.83 68.75


87.04 Total 88.40 88.13 92.54 94.92 94.84

none

Domestic Consumption none

1.73 Meal, Copra 1.81 1.93 1.88 1.89 1.89

13.15 Meal, Cottonseed 13.28 15.54 15.64 16.23 16.09

4.75 Meal, Fish 5.42 5.32 5.26 5.31 5.32

8.35 Meal, Palm Kernel 9.70 10.61 10.69 10.80 10.80

6.57 Meal, Peanut 7.09 7.28 6.89 7.16 7.16

38.52 Meal, Rapeseed 38.75 39.38 39.30 39.42 39.42

213.15 Meal, Soybean 221.77 229.23 232.74 238.45 238.45


302.41 Total 317.05 328.73 333.36 340.67 340.47

none

Ending Stocks none

0.16 Meal, Copra 0.22 0.17 0.15 0.15 0.15

0.08 Meal, Cottonseed 0.10 0.12 0.09 0.08 0.08

0.27 Meal, Fish 0.26 0.43 0.21 0.22 0.22

0.38 Meal, Palm Kernel 0.44 0.58 0.58 0.61 0.61

0.06 Meal, Peanut 0.03 0.03 0.04 0.03 0.04

1.11 Meal, Rapeseed 1.09 1.10 1.04 1.07 1.08

13.44 Meal, Soybean 13.24 12.43 12.54 12.09 12.09


17.23 Total 16.73 16.35 15.97 15.28 15.31



Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

3.31 Oil, Coconut 3.39 3.66 3.67 3.58 3.58

4.30 Oil, Cottonseed 4.43 5.18 5.17 5.36 5.32

3.13 Oil, Olive 2.48 3.26 3.09 3.36 3.36

58.90 Oil, Palm 65.27 70.61 73.58 75.51 75.51

7.01 Oil, Palm Kernel 7.64 8.34 8.59 8.81 8.81

5.42 Oil, Peanut 5.77 5.95 5.66 5.86 5.86

27.34 Oil, Rapeseed 27.54 28.09 27.99 28.15 28.14

51.56 Oil, Soybean 53.81 55.17 56.51 57.69 57.67

15.39 Oil, Sunflowerseed 18.16 18.51 19.69 19.90 19.90

176.35 Total 188.48 198.77 203.95 208.22 208.14

none

Imports none

1.61 Oil, Coconut 1.50 1.71 1.72 1.77 1.80

0.06 Oil, Cottonseed 0.05 0.06 0.05 0.05 0.05

0.79 Oil, Olive 0.79 0.92 0.90 1.01 1.01

42.84 Oil, Palm 45.93 46.29 50.40 52.12 52.12

2.64 Oil, Palm Kernel 2.69 2.78 2.82 2.91 2.91

0.25 Oil, Peanut 0.23 0.24 0.24 0.28 0.28

4.13 Oil, Rapeseed 4.39 4.49 4.86 5.02 5.02

11.69 Oil, Soybean 10.97 9.72 10.95 11.43 11.43


71.02 Total 75.41 74.72 80.53 83.42 83.44

none

Exports none

1.59 Oil, Coconut 1.91 1.73 1.85 1.78 1.78

0.07 Oil, Cottonseed 0.08 0.10 0.12 0.13 0.12

0.87 Oil, Olive 0.88 1.02 0.96 1.10 1.10

43.84 Oil, Palm 48.99 48.53 51.79 53.54 53.54

3.02 Oil, Palm Kernel 3.08 3.12 3.20 3.28 3.28

0.25 Oil, Peanut 0.27 0.26 0.27 0.30 0.30

4.17 Oil, Rapeseed 4.49 4.60 5.02 5.05 5.04

11.77 Oil, Soybean 11.33 10.51 11.21 11.77 11.75


73.68 Total 81.44 79.61 84.59 87.18 87.15

none


3.23 Oil, Coconut 3.07 3.39 3.48 3.52 3.54

4.41 Oil, Cottonseed 4.39 5.12 5.09 5.29 5.25

2.81 Oil, Olive 2.59 2.87 3.07 3.24 3.24

59.70 Oil, Palm 61.64 66.31 72.55 75.10 75.10

6.82 Oil, Palm Kernel 7.22 7.82 8.17 8.43 8.43

5.40 Oil, Peanut 5.64 5.96 5.61 5.86 5.86

28.18 Oil, Rapeseed 28.91 28.95 28.29 28.58 28.59

52.19 Oil, Soybean 53.41 54.63 56.17 57.44 57.44


177.96 Total 183.40 192.20 200.44 205.90 205.91

none

Ending Stocks none

0.47 Oil, Coconut 0.39 0.64 0.70 0.75 0.75

0.10 Oil, Cottonseed 0.11 0.13 0.14 0.14 0.14

0.53 Oil, Olive 0.34 0.62 0.58 0.61 0.61

8.26 Oil, Palm 8.83 10.88 10.53 9.62 9.62

0.68 Oil, Palm Kernel 0.69 0.88 0.91 0.92 0.92

0.26 Oil, Peanut 0.34 0.31 0.33 0.31 0.31

5.64 Oil, Rapeseed 4.17 3.20 2.74 2.25 2.26

3.75 Oil, Soybean 3.79 3.54 3.62 3.48 3.52


21.36 Total 20.41 22.09 21.53 20.10 20.16



Table 04: Major Oilseeds: World Supply and Distribution (Country View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

99.02 Brazil 117.59 125.80 121.87 127.74 127.74

115.89 United States 126.94 131.48 133.85 124.25 124.25

53.48 China 54.92 59.49 59.88 61.73 61.73

63.10 Argentina 60.16 42.52 61.50 58.34 58.40

29.37 India 37.05 35.41 36.29 37.41 37.41

163.18 Other 178.33 186.01 187.97 188.57 188.23

524.05 Total 575.00 580.71 601.35 598.03 597.74

Imports none

87.93 China 98.42 99.28 89.60 91.68 91.70

19.86 European Union 19.16 20.07 21.53 21.49 21.49

5.82 Mexico 6.03 6.76 7.08 7.70 7.70

5.78 Japan 5.79 5.86 5.98 6.06 6.06

0.68 Argentina 1.67 4.70 6.35 3.90 3.90

2.91 Thailand 3.19 2.59 3.26 3.61 3.61

1.37 Egypt 2.18 3.33 3.42 3.57 3.57

2.98 Turkey 3.01 3.54 3.23 3.44 3.44

2.62 Pakistan 2.77 3.12 3.31 3.43 3.43

2.52 Indonesia 3.03 2.92 3.18 3.43 3.43

21.05 Other 20.93 22.13 23.29 24.93 24.93

153.52 Total 166.18 174.31 170.23 173.22 173.25

Exports none

54.65 Brazil 63.37 76.49 78.77 75.32 75.32

53.97 United States 60.08 59.19 47.46 54.30 54.30

14.55 Canada 15.63 15.80 16.03 14.38 14.38

11.21 Argentina 7.87 2.77 8.71 7.90 7.95

5.41 Paraguay 6.13 6.03 5.60 6.21 6.21

3.89 Ukraine 4.13 4.91 5.15 5.65 5.55

2.23 Australia 3.41 2.68 2.05 2.38 2.35

7.45 Other 9.95 8.32 8.98 9.19 9.16

153.35 Total 170.59 176.19 172.75 175.31 175.20

Crush none

116.50 China 122.62 127.55 123.03 123.11 123.11

55.06 United States 56.26 60.17 61.35 62.27 62.27

46.37 Argentina 46.73 40.41 45.83 48.83 48.82

46.74 European Union 46.67 48.58 48.73 48.44 48.44

41.84 Brazil 42.90 47.71 46.81 47.89 47.89

22.70 India 27.57 27.98 28.98 29.84 29.84

13.59 Russia 15.40 15.95 17.95 18.95 18.95

12.93 Ukraine 15.58 14.92 16.65 16.80 16.70

10.02 Indonesia 10.98 12.06 12.45 12.80 12.80

10.25 Canada 11.05 11.21 11.35 11.35 11.35

6.49 Mexico 6.73 7.53 7.84 8.32 8.32

5.58 Pakistan 5.88 6.51 6.59 6.77 6.77

5.21 Malaysia 5.38 5.53 5.82 5.92 5.92

3.68 Turkey 4.05 4.88 5.00 4.97 4.97

4.73 Japan 4.86 4.78 4.88 4.94 4.94

43.15 Other 45.21 48.85 50.56 51.92 51.92

444.84 Total 467.85 484.60 493.79 503.09 502.98

Ending Stocks none

6.87 United States 9.60 13.83 30.84 28.06 30.10

28.36 Argentina 28.62 25.48 31.29 30.40 29.06

24.67 Brazil 33.33 32.84 26.26 27.91 27.91

18.34 China 21.92 24.87 22.00 23.25 22.23

2.42 Canada 1.66 3.17 4.08 5.31 5.31

13.24 Other 14.72 15.77 15.99 15.49 15.63

93.89 Total 109.85 115.95 130.44 130.42 130.24

Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.


Table 05: Major Protein Meals: World Supply and Distribution (Country View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

82.73 China 87.67 90.61 87.15 87.15 87.15

42.78 United States 43.11 47.03 46.97 47.80 47.67

31.74 Brazil 32.45 36.02 35.05 35.92 35.92

34.51 Argentina 34.72 29.42 33.43 35.66 35.64

30.16 European Union 30.00 31.17 31.58 31.34 31.34

83.35 Other 92.23 97.29 102.24 105.65 105.39

305.27 Total 320.19 331.52 336.41 343.52 343.10

Imports none

25.41 European Union 24.90 24.67 25.16 25.26 25.26

5.73 Vietnam 5.69 5.59 5.73 5.84 5.84

4.30 Indonesia 4.35 4.57 4.96 5.11 5.11

1.83 China 3.18 3.59 4.48 4.52 4.53

4.08 United States 3.92 3.75 3.92 3.70 3.84

2.98 Thailand 3.32 3.78 3.54 3.70 3.71

3.39 Korea, South 3.03 3.23 3.36 3.43 3.43

35.73 Other 36.37 35.79 37.98 39.84 39.84

83.44 Total 84.76 84.96 89.12 91.39 91.55

Exports none

31.09 Argentina 32.13 26.11 28.96 31.82 31.82

15.41 Brazil 13.76 16.06 15.70 15.20 15.20

11.18 United States 10.83 13.04 13.00 12.65 12.65

4.35 Ukraine 5.19 4.67 6.06 6.00 5.92

4.12 Indonesia 4.51 5.02 5.17 5.28 5.28

4.44 Canada 4.93 4.90 5.11 5.07 5.07

0.75 India 2.50 2.74 2.79 2.79 2.79

15.71 Other 14.57 15.59 15.77 16.12 16.12

87.04 Total 88.40 88.13 92.54 94.92 94.84


82.51 China 89.69 92.96 90.69 90.73 90.74

54.25 European Union 54.37 54.65 55.14 55.30 55.30

35.69 United States 36.08 37.58 37.99 38.90 38.90

17.46 Brazil 18.12 19.23 20.08 20.92 20.92

12.87 India 13.70 14.34 14.82 15.39 15.39

5.87 Russia 6.87 7.18 7.69 8.13 8.13

6.97 Mexico 7.06 7.28 7.68 8.11 8.11

6.49 Vietnam 6.86 7.11 7.32 7.43 7.43

5.87 Japan 6.29 6.48 6.63 6.71 6.71

5.10 Indonesia 5.30 5.56 5.92 6.24 6.24

69.33 Other 72.72 76.38 79.41 82.81 82.60

302.41 Total 317.05 328.73 333.36 340.67 340.47

SME none

77.93 China 85.12 87.82 85.19 85.22 85.24

46.55 European Union 46.50 46.59 47.27 47.50 47.50

34.28 United States 34.65 36.26 36.66 37.50 37.50

17.26 Brazil 17.88 18.92 19.69 20.52 20.52

11.00 India 11.74 12.26 12.69 13.22 13.22

6.57 Mexico 6.66 6.88 7.27 7.70 7.70

6.25 Vietnam 6.57 6.82 7.03 7.14 7.14

77.17 Other 80.56 84.25 87.95 91.88 91.71

277.00 Total 289.68 299.81 303.75 310.68 310.53

Ending Stocks none

4.34 Argentina 3.39 2.98 3.50 3.22 3.22

2.72 Brazil 3.33 4.07 3.37 3.19 3.19

1.89 European Union 1.11 0.85 1.08 0.95 0.95

0.59 Indonesia 0.62 0.64 0.76 0.79 0.79

0.38 India 1.07 0.58 0.75 0.76 0.76

7.32 Other 7.22 7.23 6.53 6.37 6.40

17.23 Total 16.73 16.35 15.97 15.28 15.31

Major Protein Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.


Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)

Million Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

36.68 Indonesia 41.10 45.08 47.25 48.89 48.89

25.78 China 26.76 27.77 26.86 26.87 26.87

19.85 Malaysia 21.13 22.10 22.98 23.21 23.21

18.42 European Union 17.94 19.06 18.85 18.87 18.87

11.21 United States 11.43 12.11 12.41 12.56 12.56

9.69 Argentina 9.82 8.68 9.76 10.36 10.36

8.46 Brazil 8.73 9.65 9.48 9.69 9.69

46.26 Other 51.57 54.32 56.37 57.77 57.69

176.35 Total 188.48 198.77 203.95 208.22 208.14

Imports none

15.11 India 15.41 14.49 16.67 17.10 17.10

7.77 China 8.00 8.65 10.30 11.34 11.37

10.06 European Union 10.87 10.65 10.85 10.74 10.74

4.53 United States 4.73 4.79 4.62 4.79 4.79

2.91 Pakistan 3.28 3.12 3.31 3.41 3.41

2.15 Bangladesh 2.15 2.42 2.53 2.65 2.65

2.04 Egypt 2.16 1.81 1.96 2.11 2.11

1.05 Philippines 1.30 1.21 1.34 1.36 1.36

1.05 Russia 0.97 1.20 1.29 1.32 1.32

1.41 Turkey 1.50 1.21 1.24 1.24 1.24

22.94 Other 25.04 25.20 26.43 27.37 27.37

71.02 Total 75.41 74.72 80.53 83.42 83.44

Exports none

25.19 Indonesia 29.86 29.28 31.41 32.45 32.45

17.90 Malaysia 17.47 17.69 18.49 19.20 19.20

6.41 Argentina 6.28 4.84 5.89 6.45 6.45

4.81 Ukraine 6.11 5.60 6.21 6.12 6.10

2.23 Russia 2.98 3.26 3.46 3.80 3.80

2.93 Canada 3.29 3.33 3.47 3.48 3.48

2.48 European Union 2.40 2.51 2.59 2.61 2.61

11.72 Other 13.05 13.09 13.06 13.08 13.07

73.68 Total 81.44 79.61 84.59 87.18 87.15


34.72 China 35.73 36.86 37.67 38.34 38.36

26.06 European Union 26.41 26.77 26.93 27.01 27.03

20.99 India 21.87 22.38 23.79 24.53 24.53

11.75 Indonesia 11.93 14.12 16.23 16.84 16.84

14.57 United States 14.72 15.54 15.79 16.48 16.48

7.50 Brazil 7.88 8.42 8.80 8.93 8.93

4.54 Malaysia 4.19 4.92 5.35 5.72 5.72

4.25 Pakistan 4.45 4.49 4.65 4.73 4.73

3.31 Russia 3.40 3.48 3.76 3.98 3.98

3.56 Argentina 3.71 3.81 3.83 3.91 3.91

2.44 Thailand 2.70 2.85 3.09 3.23 3.23

2.37 Bangladesh 2.49 2.72 2.98 3.06 3.06

2.65 Mexico 2.74 2.84 2.95 3.06 3.06

2.47 Egypt 2.35 2.45 2.55 2.70 2.70

2.36 Japan 2.42 2.45 2.55 2.61 2.61

34.43 Other 36.42 38.09 39.53 40.78 40.75

177.96 Total 183.40 192.20 200.44 205.90 205.91

Ending Stocks none

2.50 Indonesia 1.86 3.59 3.26 2.97 2.97

1.73 Malaysia 2.28 2.82 3.05 2.60 2.60

1.79 European Union 1.80 2.22 2.39 2.34 2.35

4.65 China 3.52 2.80 2.11 1.80 1.80

1.77 India 2.20 1.42 1.60 1.63 1.63

8.92 Other 8.75 9.25 9.13 8.76 8.81

21.36 Total 20.41 22.09 21.53 20.10 20.16

Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.


Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

96,500 Brazil 114,600 122,000 117,000 123,000 123,000

106,869 United States 116,931 120,065 123,664 112,945 112,945

58,800 Argentina 55,000 37,800 56,000 53,000 53,000

12,360 China 13,644 15,200 15,900 17,000 17,000

6,929 India 10,992 8,350 11,500 10,900 10,900

9,217 Paraguay 10,336 10,300 9,000 10,200 10,200

6,456 Canada 6,597 7,717 7,300 6,300 6,300

19,434 Other 22,482 20,112 21,711 22,317 22,048

316,565 Total 350,582 341,544 362,075 355,662 355,393

Imports none

83,230 China 93,495 94,095 85,000 87,000 87,000

15,120 European Union 13,441 14,584 15,500 15,100 15,100

4,126 Mexico 4,126 4,873 5,230 5,800 5,800

676 Argentina 1,674 4,703 6,350 3,900 3,900

1,300 Egypt 2,115 3,255 3,350 3,500 3,500

2,798 Thailand 3,078 2,482 3,150 3,500 3,500

3,186 Japan 3,175 3,256 3,300 3,350 3,350

2,274 Indonesia 2,649 2,483 2,725 2,950 2,950

2,476 Taiwan 2,566 2,666 2,730 2,850 2,850

2,283 Turkey 2,271 2,777 2,600 2,800 2,800

15,877 Other 15,626 17,741 18,622 20,067 20,067

133,346 Total 144,216 152,915 148,557 150,817 150,817

Exports none

54,383 Brazil 63,137 76,175 78,500 75,000 75,000

52,870 United States 58,960 57,945 46,266 53,070 53,070

9,922 Argentina 7,026 2,112 7,750 7,000 7,000

5,400 Paraguay 6,124 6,029 5,600 6,200 6,200

4,236 Canada 4,592 4,925 5,400 4,250 4,250

5,761 Other 7,659 5,772 6,171 5,630 5,530

132,572 Total 147,498 152,958 149,687 151,150 151,050

Crush none

81,500 China 88,000 90,000 86,000 86,000 86,000

51,335 United States 51,742 55,926 57,153 57,561 57,561

43,267 Argentina 43,309 36,933 42,000 45,000 45,000

39,747 Brazil 40,411 44,515 42,700 43,750 43,750

14,950 European Union 14,400 14,950 16,300 16,000 16,000

5,500 India 9,000 7,700 9,500 9,500 9,500

4,400 Mexico 4,600 5,250 5,500 5,950 5,950

4,000 Russia 4,400 4,600 4,800 5,100 5,100

3,800 Paraguay 3,750 3,870 3,900 3,950 3,950

1,150 Egypt 2,200 3,200 3,300 3,400 3,400

1,950 Iran 2,050 2,700 2,600 2,650 2,650

2,550 Bolivia 2,550 2,300 2,550 2,550 2,550

1,250 Pakistan 1,680 2,300 2,400 2,500 2,500

2,283 Japan 2,392 2,400 2,400 2,430 2,430

1,980 Taiwan 2,045 2,150 2,250 2,350 2,350

15,468 Other 15,268 16,349 18,274 19,512 19,412

275,130 Total 287,797 295,143 301,627 308,203 308,103

Ending Stocks none

5,354 United States 8,208 11,923 29,127 26,412 28,453

24,558 Brazil 33,212 32,700 26,000 27,700 27,700

27,156 Argentina 26,995 23,753 29,450 28,650 27,200

17,138 China 20,663 23,524 21,199 22,374 21,374

1,559 European Union 1,150 1,397 1,443 1,408 1,433

4,640 Other 5,931 5,806 5,581 6,549 6,495

80,405 Total 96,159 99,103 112,800 113,093 112,655

Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a

September/August MY. Canada is on an August/July MY. Paraguay is on a Jan/Dec MY.


Table 08: Soybean Meal: World Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

64,548 China 69,696 71,280 68,112 68,112 68,112

40,525 United States 40,630 44,657 44,583 45,178 45,042

33,211 Argentina 33,280 27,930 31,800 34,000 34,000

30,750 Brazil 31,280 34,500 33,100 33,950 33,950

11,811 European Union 11,376 11,811 12,877 12,640 12,640

4,400 India 7,200 6,160 7,600 7,600 7,600

3,480 Mexico 3,635 4,152 4,350 4,700 4,700

27,247 Other 28,837 31,861 33,958 35,541 35,461

215,972 Total 225,934 232,351 236,380 241,721 241,505

Imports none

19,213 European Union 18,794 18,354 18,700 19,000 19,000

5,094 Vietnam 4,945 4,800 5,000 5,100 5,100

4,203 Indonesia 4,255 4,454 4,850 5,000 5,000

2,618 Philippines 2,662 2,750 2,950 3,100 3,100

2,433 Thailand 2,782 3,191 2,900 3,000 3,000

2,367 Mexico 1,991 1,818 2,000 2,130 2,130

2,118 Korea, South 1,764 1,846 1,900 1,950 1,950

1,721 Japan 1,621 1,728 1,770 1,775 1,775

1,291 Malaysia 1,427 1,525 1,600 1,700 1,700

1,206 Colombia 1,284 1,425 1,500 1,575 1,575

19,831 Other 18,876 18,101 19,895 20,780 20,916

62,095 Total 60,401 59,992 63,065 65,110 65,246

Exports none

30,333 Argentina 31,323 25,350 28,100 31,000 31,000

15,407 Brazil 13,762 16,064 15,700 15,200 15,200

10,844 United States 10,505 12,752 12,701 12,338 12,338

2,561 Paraguay 2,370 2,625 2,580 2,580 2,580

409 India 2,008 1,844 1,850 1,850 1,850

5,972 Other 4,807 5,285 5,665 5,859 5,779

65,526 Total 64,775 63,920 66,596 68,827 68,747


62,663 China 68,646 70,105 67,242 67,262 67,262

30,044 United States 30,318 32,213 32,613 33,203 33,203

30,692 European Union 30,242 30,042 31,042 31,342 31,342

16,470 Brazil 16,943 17,711 18,131 18,950 18,950

5,700 Mexico 5,770 5,950 6,325 6,750 6,750

5,470 Vietnam 5,740 5,990 6,170 6,270 6,270

4,460 India 4,750 4,800 5,600 5,750 5,750

4,150 Indonesia 4,250 4,500 4,750 5,000 5,000

4,230 Thailand 4,232 4,250 4,350 4,650 4,650

3,100 Russia 3,350 3,450 3,550 3,775 3,775

2,850 Egypt 2,980 3,150 3,400 3,600 3,600

3,460 Japan 3,420 3,550 3,580 3,600 3,600

3,080 Iran 3,180 3,300 3,425 3,575 3,575

2,672 Argentina 2,853 2,995 3,185 3,300 3,300

2,600 Philippines 2,720 2,850 3,050 3,200 3,200

31,508 Other 32,371 34,377 36,325 38,222 38,222

213,149 Total 221,765 229,233 232,738 238,449 238,449

Ending Stocks none

2,710 Brazil 3,320 4,064 3,359 3,185 3,185

4,231 Argentina 3,335 2,920 3,435 3,135 3,135

317 Indonesia 322 276 376 376 376

239 United States 363 504 408 363 363

891 European Union 485 213 398 346 346

5,054 Other 5,412 4,450 4,562 4,688 4,688

13,442 Total 13,237 12,427 12,538 12,093 12,093

Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY.

Canada is on an August/July MY. Paraguay, Vietnam and the Philippines are on a January/December MY and Bolivia is on a

March/February MY.


Table 09: Soybean Oil: World Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

14,605 China 15,770 16,128 15,411 15,411 15,411

9,956 United States 10,035 10,783 11,115 11,129 11,129

8,433 Argentina 8,395 7,236 8,200 8,800 8,800

7,627 Brazil 7,755 8,535 8,195 8,385 8,385

2,841 European Union 2,736 2,841 3,097 3,040 3,040

990 India 1,620 1,386 1,710 1,710 1,710

785 Mexico 820 937 982 1,065 1,065

6,318 Other 6,683 7,326 7,802 8,145 8,126

51,555 Total 53,814 55,172 56,512 57,685 57,666

Imports none

4,269 India 3,534 2,984 3,400 3,500 3,500

586 China 711 481 900 1,100 1,100

639 Bangladesh 830 780 780 800 800

732 Algeria 667 720 760 770 770

382 Peru 449 490 500 525 525

465 Morocco 497 492 515 520 520

372 Colombia 352 355 375 390 390

325 European Union 285 284 325 325 325

250 Korea, South 306 276 300 295 295

674 Egypt 246 227 250 260 260

2,993 Other 3,088 2,626 2,840 2,944 2,944

11,687 Total 10,965 9,715 10,945 11,429 11,429

Exports none

5,698 Argentina 5,387 4,133 5,100 5,650 5,650

1,550 Brazil 1,241 1,511 1,200 1,250 1,250

915 European Union 819 902 1,000 1,000 1,000

1,017 United States 1,159 1,110 975 816 816

709 Paraguay 680 702 710 715 715

431 Russia 529 568 585 600 600

444 Bolivia 338 380 350 370 370

1,005 Other 1,172 1,200 1,290 1,366 1,349

11,769 Total 11,325 10,506 11,210 11,767 11,750


15,350 China 16,350 16,500 16,249 16,391 16,391

9,145 United States 9,010 9,696 10,341 10,705 10,705

6,288 Brazil 6,570 6,940 7,130 7,200 7,200

5,250 India 5,150 4,720 5,000 5,200 5,200

2,840 Argentina 2,985 3,081 3,075 3,140 3,140

2,285 European Union 2,205 2,225 2,280 2,305 2,305

1,020 Mexico 1,070 1,060 1,150 1,230 1,230

785 Bangladesh 1,005 1,010 1,045 1,065 1,065

960 Egypt 610 760 810 825 825

700 Algeria 710 710 750 765 765

680 Iran 700 710 715 735 735

415 Pakistan 470 490 526 542 542

405 Peru 435 455 500 525 525

480 Morocco 470 496 505 510 510

440 Korea, South 450 470 490 495 495

5,147 Other 5,219 5,308 5,605 5,810 5,809

52,190 Total 53,409 54,631 56,171 57,443 57,442

Ending Stocks none

765 United States 776 905 885 658 697

657 China 670 568 505 500 500

164 European Union 161 159 301 361 361

260 Argentina 283 305 330 340 340

287 Brazil 291 420 335 320 320

1,614 Other 1,611 1,185 1,262 1,304 1,303

3,747 Total 3,792 3,542 3,618 3,483 3,521

Most countries are on an October/September Marketing Year (MY). Mexico is on a September/August MY. Paraguay and Peru are

on an January/December MY and Bolivia is on a March/February MY.


Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2019/202018/192017/182019/202018/192017/182019/202018/192017/18

Exports

North America 13,124 13,116 12,653 1,293 1,160 986 62,870 51,666 57,320

Canada (Aug-Jul) 357 400 300 157 160 145 4,925 5,400 4,250

United States (Oct-Sep) 12,752 12,701 12,338 1,110 975 816 57,945 46,266 53,070

South America 45,694 48,061 50,465 6,738 7,372 7,997 85,580 93,768 90,048

Argentina (Oct-Sep) 25,350 28,100 31,000 4,133 5,100 5,650 2,112 7,750 7,000

Brazil (Oct-Sep) 16,064 15,700 15,200 1,511 1,200 1,250 76,175 78,500 75,000

Paraguay (Jan-Dec) 2,625 2,580 2,580 702 710 715 6,029 5,600 6,200

South Asia 1,850 1,857 1,857 7 5 6 217 250 265

India (Oct-Sep) 1,844 1,850 1,850 7 5 6 217 250 265

Other 3,252 3,562 3,772 2,468 2,673 2,761 4,291 4,003 3,417

World Total 63,920 66,596 68,747 10,506 11,210 11,750 152,958 149,687 151,050

Imports

European Union (Oct-Sep) 18,354 18,700 19,000 284 325 325 14,584 15,500 15,100

East Asia 3,639 3,745 3,825 904 1,357 1,550 101,275 92,397 94,653

China (Oct-Sep) 23 30 50 481 900 1,100 94,095 85,000 87,000

Japan (Oct-Sep) 1,728 1,770 1,775 7 9 5 3,256 3,300 3,350

Korea, South (Oct-Sep) 1,846 1,900 1,950 276 300 295 1,256 1,365 1,450

Taiwan (Oct-Sep) 24 25 25 0 0 0 2,666 2,730 2,850

Southeast Asia 16,748 17,328 17,929 231 270 291 7,726 9,106 10,006

Indonesia (Oct-Sep) 4,454 4,850 5,000 30 34 38 2,483 2,725 2,950

Malaysia (Oct-Sep) 1,525 1,600 1,700 88 100 110 690 770 825

Philippines (Jan-Dec) 2,750 2,950 3,100 45 47 48 200 240 260

Thailand (Sep-Aug) 3,191 2,900 3,000 0 1 1 2,482 3,150 3,500

Vietnam (Jan-Dec) 4,800 5,000 5,100 50 70 75 1,850 2,200 2,450

North America 3,289 3,685 3,704 368 378 401 5,954 6,493 7,144

Canada (Aug-Jul) 1,022 1,050 1,120 21 22 22 487 800 800

Mexico (Sep-Aug) 1,818 2,000 2,130 195 175 175 4,873 5,230 5,800

South America 5,240 5,443 5,706 1,304 1,365 1,400 6,153 7,673 5,385

Brazil (Oct-Sep) 19 26 26 45 50 50 175 150 200

Colombia (Oct-Sep) 1,425 1,500 1,575 355 375 390 550 575 620

Central America 1,253 1,325 1,385 156 166 174 289 339 356

Caribbean 996 1,060 1,097 309 328 343 151 155 160

Middle East 3,821 4,600 4,930 328 358 375 6,425 6,125 6,450

Iran (Oct-Sep) 1,113 1,400 1,450 213 245 255 2,559 2,450 2,500

Israel (Oct-Sep) 135 150 165 10 10 10 439 430 450

Syria (Jan-Dec) 25 35 40 7 5 7 15 15 15

Turkey (Oct-Sep) 557 700 750 0 0 0 2,777 2,600 2,800

North Africa 2,869 3,180 3,391 1,534 1,631 1,658 3,965 4,100 4,310

Egypt (Oct-Sep) 571 825 925 227 250 260 3,255 3,350 3,500

Other 3,783 3,999 4,279 4,297 4,767 4,912 6,393 6,669 7,253

World Total 59,992 63,065 65,246 9,715 10,945 11,429 152,915 148,557 150,817


Table 11: Palm Oil: World Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

Production none

32,000 Indonesia 36,000 39,500 41,500 43,000 43,000

17,700 Malaysia 18,858 19,683 20,500 20,700 20,700

1,804 Thailand 2,500 2,780 2,900 3,000 3,000

1,268 Colombia 1,099 1,633 1,625 1,680 1,680

955 Nigeria 990 1,025 1,015 1,015 1,015

5,174 Other 5,820 5,989 6,040 6,119 6,119

58,901 Total 65,267 70,610 73,580 75,514 75,514

Imports none

8,860 India 9,341 8,608 10,500 10,750 10,750

6,717 European Union 7,219 7,057 7,100 6,950 6,950

4,689 China 4,881 5,320 6,150 6,700 6,700

2,720 Pakistan 3,075 3,025 3,200 3,300 3,300

1,511 Bangladesh 1,314 1,635 1,750 1,850 1,850

1,307 United States 1,367 1,529 1,475 1,500 1,500

1,038 Egypt 1,323 1,095 1,225 1,350 1,350

941 Philippines 1,165 1,095 1,225 1,250 1,250

933 Russia 849 1,016 1,025 1,050 1,050

788 Burma 809 847 880 900 900

13,335 Other 14,585 15,058 15,871 16,524 16,524

42,839 Total 45,928 46,285 50,401 52,124 52,124

Exports none

22,906 Indonesia 27,633 26,967 29,000 30,000 30,000

16,667 Malaysia 16,313 16,469 17,300 18,000 18,000

614 Guatemala 718 800 812 815 815

420 Colombia 502 697 720 720 720

580 Papua New Guinea 664 635 640 635 635

2,650 Other 3,155 2,965 3,315 3,373 3,373

43,837 Total 48,985 48,533 51,787 53,543 53,543


9,270 Indonesia 9,160 11,000 12,850 13,325 13,325

9,100 India 9,450 9,180 10,600 10,925 10,925

6,600 European Union 6,800 6,900 7,000 6,900 6,900

4,800 China 4,750 5,100 6,315 6,670 6,670

3,000 Malaysia 2,587 3,236 3,601 3,938 3,938

2,795 Pakistan 2,995 3,095 3,195 3,245 3,245

1,835 Thailand 2,106 2,315 2,480 2,555 2,555

1,411 Bangladesh 1,314 1,570 1,790 1,850 1,850

1,269 United States 1,355 1,565 1,416 1,480 1,480

1,320 Nigeria 1,240 1,290 1,340 1,390 1,390

1,100 Egypt 1,150 1,175 1,225 1,350 1,350

930 Philippines 1,250 1,280 1,310 1,340 1,340

915 Colombia 965 1,030 1,085 1,130 1,130

788 Burma 800 850 880 900 900

850 Russia 850 935 880 880 880

13,719 Other 14,867 15,793 16,582 17,220 17,220

59,702 Total 61,639 66,314 72,549 75,098 75,098

Ending Stocks none

2,258 Indonesia 1,470 3,004 2,654 2,329 2,329

1,460 Malaysia 2,016 2,529 2,728 2,240 2,240

425 European Union 710 721 676 581 581

293 Thailand 389 506 478 425 425

307 Pakistan 387 317 322 377 377

3,518 Other 3,860 3,803 3,667 3,670 3,670

8,261 Total 8,832 10,880 10,525 9,622 9,622


Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2019/202018/192017/182019/202018/192017/182019/202018/192017/18

Production

China (Oct-Sep) 10,209 9,914 9,796 6,747 6,552 6,474 13,274 12,850 13,100

India (Oct-Sep) 3,700 4,050 4,050 2,356 2,584 2,584 7,100 8,000 7,700

Canada (Aug-Jul) 5,230 5,275 5,330 4,120 4,150 4,200 21,328 21,100 21,100

Japan (Oct-Sep) 1,307 1,363 1,380 1,023 1,067 1,080 4 4 4

European Union (Jul-Jun) 13,851 13,281 13,224 10,157 9,739 9,697 22,171 20,061 19,700

Other 5,231 5,584 5,870 3,690 3,896 4,102 11,031 10,787 13,197

World Total 39,528 39,467 39,650 28,093 27,988 28,137 74,908 72,802 74,801

Imports

China (Oct-Sep) 1,258 1,325 1,225 1,067 1,350 1,400 4,715 4,000 4,100

India (Oct-Sep) 0 0 0 278 250 275 0 0 0

Canada (Aug-Jul) 17 15 17 14 15 15 108 100 100

Japan (Oct-Sep) 6 7 7 19 20 20 2,384 2,450 2,485

European Union (Jul-Jun) 242 500 500 158 250 250 4,007 4,500 4,800

Other 4,692 4,727 4,913 2,955 2,979 3,056 4,110 4,361 4,585

World Total 6,215 6,574 6,662 4,491 4,864 5,016 15,324 15,411 16,070

Exports

China (Oct-Sep) 14 14 15 16 17 15 0 0 0

India (Oct-Sep) 841 900 900 3 4 3 0 0 0

Canada (Aug-Jul) 4,537 4,700 4,760 3,170 3,300 3,325 10,849 10,600 10,100

Japan (Oct-Sep) 0 0 0 1 1 1 0 0 0

European Union (Jul-Jun) 460 425 400 271 225 200 131 65 65

Other 497 760 788 1,137 1,473 1,497 5,215 5,375 6,751

World Total 6,349 6,799 6,863 4,598 5,020 5,041 16,195 16,040 16,916

Domestic Consumption

China (Oct-Sep) 11,453 11,225 11,006 8,600 8,326 8,159 17,850 17,350 17,150

India (Oct-Sep) 2,875 3,150 3,150 2,830 2,780 2,855 7,170 7,800 7,800

Canada (Aug-Jul) 680 615 620 970 980 1,010 9,430 9,699 10,100

Japan (Oct-Sep) 1,320 1,375 1,385 1,040 1,085 1,110 2,355 2,455 2,485

European Union (Jul-Jun) 13,700 13,300 13,250 10,000 9,700 9,775 25,300 24,300 24,200

Other 9,353 9,634 10,004 5,514 5,423 5,679 9,550 10,281 10,651

World Total 39,381 39,299 39,415 28,954 28,294 28,588 71,655 71,885 72,386

Ending Stocks

China (Oct-Sep) 0 0 0 1,741 1,300 1,000 1,203 703 753

India (Oct-Sep) 470 470 470 168 218 219 369 569 469

Canada (Aug-Jul) 117 92 59 487 372 252 2,499 3,400 4,400

Japan (Oct-Sep) 52 47 49 28 29 18 54 53 57

European Union (Jul-Jun) 206 262 336 358 422 394 1,622 1,818 2,053

Other 254 171 162 417 396 378 1,628 1,120 1,500

World Total 1,099 1,042 1,076 3,199 2,737 2,261 7,375 7,663 9,232


Table 13: Sunflowerseed and Products: World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2019/202018/192017/182019/202018/192017/182019/202018/192017/18

Production

Argentina (Mar-Feb) 3,538 3,800 3,780 1,285 1,420 1,410 1,300 1,430 1,415

Russia (Sep-Aug) 10,362 12,710 12,500 4,167 4,823 5,090 4,192 4,853 5,121

Turkey (Sep-Aug) 1,550 1,800 1,550 1,128 1,155 1,128 912 903 903

Ukraine (Sep-Aug) 13,700 15,000 14,800 5,679 6,112 5,989 5,913 6,364 6,235

European Union (Oct-Sep) 10,174 9,700 9,700 4,860 4,752 4,806 3,803 3,718 3,760

Other 8,516 8,458 8,622 2,770 2,870 2,917 2,386 2,426 2,469

World Total 47,840 51,468 50,952 19,889 21,132 21,340 18,506 19,694 19,903

Imports

Argentina (Mar-Feb) 0 0 0 0 0 0 0 0 0

Russia (Sep-Aug) 47 50 55 39 20 20 30 20 20

Turkey (Sep-Aug) 720 600 600 931 940 960 503 450 425

Ukraine (Sep-Aug) 30 30 30 9 1 1 1 1 1

European Union (Oct-Sep) 512 550 600 3,485 3,500 3,400 1,529 1,600 1,550

Other 841 987 1,001 2,123 3,028 3,134 6,462 6,529 6,843

World Total 2,150 2,217 2,286 6,587 7,489 7,515 8,525 8,600 8,839

Exports

Argentina (Mar-Feb) 50 70 100 700 800 750 600 680 672

Russia (Sep-Aug) 97 150 200 1,202 1,350 1,500 2,307 2,300 2,600

Turkey (Sep-Aug) 56 60 50 7 15 17 390 360 300

Ukraine (Sep-Aug) 39 100 150 4,238 5,000 4,700 5,341 5,800 5,600

European Union (Oct-Sep) 630 450 500 406 400 500 526 530 540

Other 1,572 1,545 1,500 341 269 296 570 508 522

World Total 2,444 2,375 2,500 6,894 7,834 7,763 9,734 10,178 10,234


Argentina (Mar-Feb) 3,350 3,685 3,650 580 620 640 712 729 744

Russia (Sep-Aug) 10,456 12,170 12,750 3,050 3,400 3,600 2,010 2,370 2,555

Turkey (Sep-Aug) 2,172 2,302 2,172 2,000 2,070 2,100 1,030 1,000 1,030

Ukraine (Sep-Aug) 13,940 14,950 14,650 1,350 1,380 1,360 580 575 575

European Union (Oct-Sep) 10,090 9,895 10,000 7,860 7,860 7,860 4,643 4,763 4,763

Other 7,906 8,015 8,161 4,606 5,634 5,796 8,176 8,579 8,804

World Total 47,914 51,017 51,383 19,446 20,964 21,356 17,151 18,016 18,471

Ending Stocks

Argentina (Mar-Feb) 1,276 1,321 1,351 50 50 70 14 35 34

Russia (Sep-Aug) 180 620 225 156 249 259 139 342 328

Turkey (Sep-Aug) 91 129 57 202 212 183 26 19 17

Ukraine (Sep-Aug) 172 152 182 534 267 197 118 108 169


Other 597 482 444 122 117 76 1,217 1,085 1,071

World Total 2,927 3,220 2,575 1,492 1,315 1,051 1,896 1,996 2,033


Table 14: Minor Vegetable Oils: World Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2019/202018/192017/182019/202018/192017/182019/202018/192017/18

Production

China (Oct-Sep) 2,864 2,792 2,872 1,382 1,382 1,382 5 5 5

India (Oct-Sep) 1,287 1,040 1,139 1,325 1,225 1,318 nr nr nr

Turkey (Nov-Oct) 7 7 7 232 239 244 263 220 250

United States (Aug-Jul) 105 99 105 255 238 277 16 16 16

European Union (Oct-Sep) 13 13 13 44 44 45 2,200 2,240 2,310

Other 1,677 1,706 1,721 1,942 2,039 2,050 771 605 779

World Total 5,953 5,657 5,857 5,180 5,167 5,316 3,255 3,086 3,360

Imports

China (Oct-Sep) 112 125 150 0 0 0 42 48 55

India (Oct-Sep) 0 0 0 3 3 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 0 0 0 0 0 0



Other 23 24 24 59 46 46 341 358 384

World Total 237 239 276 63 51 48 916 896 1,009

Exports

China (Oct-Sep) 10 9 10 0 2 2 0 0 0


Turkey (Nov-Oct) 0 0 0 1 2 2 74 70 75



Other 224 232 259 50 55 62 290 208 318

World Total 262 267 295 102 117 124 1,020 958 1,103


China (Oct-Sep) 2,966 2,908 3,012 1,382 1,380 1,380 47 53 60

India (Oct-Sep) 1,310 1,008 1,132 1,345 1,225 1,321 nr nr nr

Turkey (Nov-Oct) 7 7 7 234 235 240 160 150 175


European Union (Oct-Sep) 79 79 79 44 44 45 1,570 1,720 1,820

Other 1,460 1,490 1,499 1,904 2,026 2,042 768 797 824

World Total 5,955 5,606 5,861 5,119 5,092 5,246 2,872 3,066 3,235

Ending Stocks

China (Oct-Sep) 0 0 0 0 0 0 0 0 0


Turkey (Nov-Oct) 0 0 0 2 4 6 52 52 52



Other 97 105 92 94 98 90 196 154 175

World Total 308 331 308 132 141 135 617 575 606


Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

405.57 31.3382.89554.2480.8367.85223.40 2006/07 394.20 77.16

393.18 31.9291.74560.7990.4577.16220.48 2007/08 403.04 66.01

399.64 33.6194.15560.2194.5566.01230.94 2008/09 405.11 60.95

446.97 34.61107.60610.52102.6060.95235.56 2009/10 425.37 77.55

460.37 35.86108.32642.95105.0377.55245.57 2010/11 445.95 88.69

446.81 36.08110.97648.65113.1588.69248.84 2011/12 465.65 72.02

474.77 36.46118.11661.57114.7872.02256.54 2012/13 471.07 72.39

503.73 37.33133.77709.67133.5572.39260.70 2013/14 494.40 81.50

538.38 38.82147.20763.48143.5981.50267.17 2014/15 520.48 95.80

524.05 40.10153.35773.36153.5295.80264.85 2015/16 526.12 93.89

575.00 41.80170.59835.06166.1893.89267.78 2016/17 554.63 109.85

580.71 42.82176.19864.87174.31109.85280.51 2017/18 572.73 115.95

601.35 43.46172.75887.52170.23115.95282.03 2018/19 584.34 130.44

597.74 44.54175.20901.43173.25130.44283.77 2019/20 595.99 130.24

Major Protein Meals

224.21 0.2869.25300.4067.308.89nr 2006/07 220.84 10.32

231.79 0.2972.93312.5470.4310.32nr 2007/08 229.22 10.38

230.11 0.3270.15308.9368.4410.38nr 2008/09 230.22 8.55

244.51 0.4072.70323.5170.448.55nr 2009/10 240.58 10.23

257.33 0.3377.92342.6875.1310.23nr 2010/11 251.80 12.97

267.38 0.4081.13359.5679.2112.97nr 2011/12 263.73 14.69

269.14 0.4379.40358.5974.7614.69nr 2012/13 266.29 12.90

282.68 0.4483.35375.9480.3612.90nr 2013/14 278.17 14.42

300.49 0.4586.41397.4282.5214.42nr 2014/15 293.05 17.97

305.27 0.4887.04406.6883.4417.97nr 2015/16 302.41 17.23

320.19 0.5988.40422.1884.7617.23nr 2016/17 317.05 16.73

331.52 0.6688.13433.2184.9616.73nr 2017/18 328.73 16.35

336.41 0.6792.54441.8789.1216.35nr 2018/19 333.36 15.97

343.10 0.6694.84450.6291.5515.97nr 2019/20 340.47 15.31

Major Vegetable Oils

122.79 96.4550.29183.6646.7314.1414.20 2006/07 118.73 14.64

129.88 99.5954.48194.5950.0814.6414.73 2007/08 125.17 14.95

135.18 103.2456.69203.8353.7014.9515.61 2008/09 131.18 15.96

142.46 107.5958.87214.1655.7415.9616.46 2009/10 138.27 17.03

149.08 109.9960.82223.2457.1417.0317.50 2010/11 142.63 19.79

158.06 115.9664.90239.8561.9919.7918.47 2011/12 151.73 23.22

161.21 121.1068.47249.9865.5523.2219.12 2012/13 158.57 22.94

171.58 125.7670.29261.7567.2322.9419.98 2013/14 166.67 24.78

177.02 131.2876.54272.8571.0524.7820.78 2014/15 170.68 25.63

176.35 135.5973.68273.0071.0225.6321.69 2015/16 177.96 21.36

188.48 140.0081.44285.2575.4121.3622.39 2016/17 183.40 20.41

198.77 144.6979.61293.9074.7220.4123.26 2017/18 192.20 22.09

203.95 149.6884.59306.5780.5322.0923.74 2018/19 200.44 21.53

208.14 153.8087.15313.2283.4421.6324.31 2019/20 205.91 20.16

Based on the aggregate of different marketing years


Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

235.70 195.5570.91360.1169.0555.3794.92 2006/07 224.38 64.82

219.55 202.6378.70363.0578.6864.8291.32 2007/08 229.67 54.68

212.34 194.8676.71344.9377.9054.6896.63 2008/09 222.45 45.77

260.73 210.4892.06394.0287.5145.77102.60 2009/10 239.16 62.79

264.68 222.2291.58417.2689.7962.79103.59 2010/11 252.54 73.15

240.96 229.1391.77408.6694.5573.15103.21 2011/12 259.18 57.71

269.08 231.81100.38423.9897.2057.71110.35 2012/13 265.13 58.47

283.31 242.86112.74454.85113.0758.47112.97 2013/14 277.81 64.31

320.73 264.75126.23509.40124.3664.31118.85 2014/15 303.87 79.31

316.57 275.13132.57529.22133.3579.31120.73 2015/16 316.24 80.41

350.58 287.80147.50575.20144.2280.41119.86 2016/17 331.55 96.16

341.54 295.14152.96590.62152.9296.16124.60 2017/18 338.56 99.10

362.08 301.63149.69609.74148.5699.10125.69 2018/19 347.25 112.80

355.39 308.10151.05619.01150.82112.80126.67 2019/20 355.31 112.66

Meal, Soybean

153.81 195.5754.84212.6952.746.14nr 2006/07 150.41 7.43

159.01 202.6556.50221.2254.787.43nr 2007/08 156.97 7.75

153.08 194.9453.27212.4951.677.75nr 2008/09 153.92 5.31

165.78 210.5655.94224.6353.545.31nr 2009/10 161.74 6.96

175.03 222.3158.89238.8556.876.96nr 2010/11 170.65 9.31

180.89 229.2458.71247.2257.029.31nr 2011/12 177.75 10.76

182.25 232.0458.39247.0854.0710.76nr 2012/13 178.84 9.85

190.45 243.1160.65258.0757.779.85nr 2013/14 186.56 10.86

208.48 265.0364.41280.0560.7110.86nr 2014/15 201.59 14.05

215.97 275.5265.53292.1262.1014.05nr 2015/16 213.15 13.44

225.93 288.3264.78299.7860.4013.44nr 2016/17 221.77 13.24

232.35 295.9463.92305.5859.9913.24nr 2017/18 229.23 12.43

236.38 302.4966.60311.8763.0712.43nr 2018/19 232.74 12.54

241.51 309.0268.75319.2965.2512.54nr 2019/20 238.45 12.09

Oil, Soybean

36.41 195.5510.5050.009.773.82nr 2006/07 35.45 4.05

37.79 202.6310.8852.1310.294.05nr 2007/08 37.28 3.97

36.16 194.869.2149.149.003.97nr 2008/09 36.34 3.59

38.97 210.489.1951.058.483.59nr 2009/10 38.16 3.70

41.48 222.229.6254.569.383.70nr 2010/11 40.48 4.46

42.82 229.138.5355.288.004.46nr 2011/12 42.46 4.29

43.34 231.919.3356.148.514.29nr 2012/13 42.59 4.22

45.24 242.959.4258.739.274.22nr 2013/14 45.31 3.99

49.28 264.8511.1263.3110.043.99nr 2014/15 47.73 4.46

51.56 275.2811.7767.7111.694.46nr 2015/16 52.19 3.75

53.81 288.0111.3368.5310.973.75nr 2016/17 53.41 3.79

55.17 295.3710.5168.689.723.79nr 2017/18 54.63 3.54

56.51 301.8811.2171.0010.953.54nr 2018/19 56.17 3.62

57.67 308.3811.7572.7111.433.62nr 2019/20 57.44 3.52

Based on the aggregate of different marketing years, primarily October through September.


Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

45.75 0.356.6558.417.025.6326.76 2006/07 46.57 5.20

49.15 0.358.1861.917.575.2029.15 2007/08 49.20 4.53

58.17 0.4012.2074.8412.154.5331.20 2008/09 54.99 7.66

60.79 0.4210.9079.2610.817.6630.65 2009/10 59.66 8.70

60.52 0.4510.9379.4010.188.7033.58 2010/11 59.79 8.68

61.23 0.4512.9983.1513.248.6833.30 2011/12 63.34 6.83

63.31 0.4712.5782.9712.836.8335.79 2012/13 64.89 5.50

70.59 0.4915.1091.6415.555.5035.67 2013/14 68.82 7.73

70.43 0.5515.1192.4714.327.7335.05 2014/15 70.11 7.26

68.74 0.6514.3590.1414.157.2633.31 2015/16 69.62 6.17

69.43 0.6515.8091.1115.516.1733.37 2016/17 70.32 4.99

74.91 0.6516.2095.2315.324.9936.53 2017/18 71.66 7.38

72.80 0.6516.0495.5915.417.3836.54 2018/19 71.89 7.66

74.80 0.6516.9298.5316.077.6636.07 2019/20 72.39 9.23

Meal, Rapeseed

25.55 0.003.0029.603.210.83nr 2006/07 25.85 0.75

27.22 0.003.9331.853.880.75nr 2007/08 27.27 0.64

30.36 0.003.7534.783.770.64nr 2008/09 30.22 0.80

32.90 0.003.6337.593.880.80nr 2009/10 32.71 1.25

33.39 0.005.2839.975.331.25nr 2010/11 33.64 1.06

34.92 0.005.5641.545.561.06nr 2011/12 34.88 1.10

35.97 0.005.7042.695.611.10nr 2012/13 36.01 0.98

38.32 0.006.3545.806.500.98nr 2013/14 38.52 0.93

38.72 0.006.0745.656.010.93nr 2014/15 38.59 1.00

38.61 0.005.6945.325.721.00nr 2015/16 38.52 1.11

38.80 0.005.9845.815.901.11nr 2016/17 38.75 1.09

39.53 0.006.3546.836.221.09nr 2017/18 39.38 1.10

39.47 0.006.8047.146.571.10nr 2018/19 39.30 1.04

39.65 0.006.8647.356.661.04nr 2019/20 39.42 1.08

Oil, Rapeseed

17.79 13.222.0021.002.211.00nr 2006/07 18.19 0.81

18.95 13.521.9121.812.050.81nr 2007/08 18.80 1.10

21.33 14.412.4724.912.481.10nr 2008/09 20.99 1.45

23.23 15.232.7527.632.961.45nr 2009/10 22.75 2.13

23.41 15.663.4328.923.382.13nr 2010/11 23.20 2.28

24.72 16.423.9831.084.082.28nr 2011/12 23.79 3.30

25.39 16.473.9532.623.933.30nr 2012/13 23.73 4.94

27.02 17.773.8335.773.824.94nr 2013/14 25.68 6.27

27.41 18.884.0737.633.956.27nr 2014/15 27.04 6.52

27.34 19.814.1737.994.136.52nr 2015/16 28.18 5.64

27.54 20.344.4937.574.395.64nr 2016/17 28.91 4.17

28.09 20.504.6036.754.494.17nr 2017/18 28.95 3.20

27.99 20.225.0236.054.863.20nr 2018/19 28.29 2.74

28.14 20.415.0435.895.022.74nr 2019/20 28.59 2.26

Based on the aggregate of different marketing years.


Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

30.08 4.0229.441.911.813.4823.45 2006/07

27.35 3.7227.481.461.294.0221.34 2007/08

32.92 3.8532.562.151.923.7223.89 2008/09

31.56 2.6032.831.551.563.8522.97 2009/10

32.70 2.2632.881.781.622.6023.08 2010/11

38.62 2.5438.111.931.702.2624.62 2011/12

34.99 2.8134.631.451.362.5423.60 2012/13

41.51 3.3040.691.961.622.8124.02 2013/14

39.19 2.9039.491.661.563.3023.12 2014/15

40.57 2.6540.672.011.872.9023.42 2015/16

48.05 3.3047.122.462.172.6525.83 2016/17

47.84 2.9347.912.442.153.3026.05 2017/18

51.47 3.2251.022.382.222.9326.19 2018/19

50.95 2.5851.382.502.293.2226.12 2019/20

Meal, Sunflowerseed

11.87 0.2411.903.493.440.31nr 2006/07

11.11 0.3010.693.312.960.24nr 2007/08

13.08 0.8112.474.304.200.30nr 2008/09

13.42 1.0012.834.093.690.81nr 2009/10

13.31 1.0712.724.574.061.00nr 2010/11

15.60 1.7014.606.806.421.07nr 2011/12

14.15 0.8014.835.134.931.70nr 2012/13

16.83 1.4515.736.225.760.80nr 2013/14

16.16 1.6915.585.875.531.45nr 2014/15

16.51 1.7416.196.235.961.69nr 2015/16

19.34 1.3619.257.446.961.74nr 2016/17

19.89 1.4919.456.896.591.36nr 2017/18

21.13 1.3220.967.837.491.49nr 2018/19

21.34 1.0521.367.767.521.32nr 2019/20

Oil, Sunflowerseed

10.74 1.2010.164.053.461.21nr 2006/07

10.16 1.209.413.532.781.20nr 2007/08

11.89 1.9410.754.554.151.20nr 2008/09

12.12 1.9011.464.503.811.94nr 2009/10

12.08 1.8311.324.543.701.90nr 2010/11

14.35 3.0312.496.485.831.83nr 2011/12

12.86 2.3013.195.575.163.03nr 2012/13

15.63 2.9514.157.796.962.30nr 2013/14

14.97 2.5914.127.396.182.95nr 2014/15

15.39 1.6715.228.117.022.59nr 2015/16

18.16 1.7516.5410.428.881.67nr 2016/17

18.51 1.9017.159.738.531.75nr 2017/18

19.69 2.0018.0210.188.601.90nr 2018/19

19.90 2.0318.4710.238.842.00nr 2019/20

Based on the aggregate of different marketing years, primarily September through August.


Table 19: World Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

26.25 26.837.5728.3969.3837.625.51 2006/07 34.90 6.10

29.93 29.558.8532.5277.4741.456.10 2007/08 38.97 5.99

33.09 31.949.6335.0683.5744.495.99 2008/09 42.23 6.29

34.66 33.5810.0636.3887.3246.386.29 2009/10 44.24 6.70

35.42 34.2710.7337.4191.3349.216.70 2010/11 45.57 8.35

38.60 36.8912.4739.9499.5052.558.35 2011/12 50.01 9.55

42.12 40.3714.6543.19108.0556.379.55 2012/13 55.67 9.18

41.94 41.1016.3143.24110.4159.289.18 2013/14 58.06 9.11

44.79 43.3914.1347.39115.6761.789.11 2014/15 58.22 10.06

42.84 42.7016.2943.84111.8058.9010.06 2015/16 59.70 8.26

45.93 44.6416.2448.99119.4665.278.26 2016/17 61.64 8.83

46.29 46.6518.8448.53125.7370.618.83 2017/18 66.31 10.88

50.40 50.5021.1751.79134.8673.5810.88 2018/19 72.55 10.53

52.12 52.3621.8253.54138.2675.5110.63 2019/20 75.10 9.62

Oil, Coconut

1.88 1.661.431.745.413.070.46 2006/07 3.18 0.49

1.91 1.781.511.935.803.400.49 2007/08 3.32 0.55

1.67 1.651.561.485.593.360.55 2008/09 3.25 0.86

2.30 2.081.702.076.633.470.86 2009/10 3.82 0.75

1.80 1.861.671.806.143.590.75 2010/11 3.57 0.77

1.84 1.921.541.866.003.390.77 2011/12 3.49 0.64

1.89 1.981.701.936.163.620.64 2012/13 3.72 0.51

1.74 1.741.541.915.633.380.51 2013/14 3.32 0.40

1.82 1.741.501.945.593.370.40 2014/15 3.28 0.38

1.61 1.671.531.595.303.310.38 2015/16 3.23 0.47

1.50 1.551.491.915.363.390.47 2016/17 3.07 0.39

1.71 1.681.681.735.763.660.39 2017/18 3.39 0.64

1.72 1.741.711.856.033.670.64 2018/19 3.48 0.70

1.80 1.791.721.786.083.580.70 2019/20 3.54 0.75

Meal, Fish

2.82 0.000.052.658.695.140.73 2006/07 5.08 0.97

3.17 0.000.052.949.275.140.97 2007/08 5.50 0.83

3.26 0.000.053.089.295.200.83 2008/09 5.51 0.71

2.76 0.000.052.417.714.240.71 2009/10 5.03 0.28

2.77 0.000.052.698.605.550.28 2010/11 5.22 0.69

3.05 0.000.052.808.444.710.69 2011/12 5.36 0.28

2.47 0.000.052.327.594.840.28 2012/13 4.81 0.45

2.74 0.000.052.477.644.450.45 2013/14 4.94 0.23

2.50 0.000.052.287.424.690.23 2014/15 4.87 0.26

2.46 0.000.052.217.244.510.26 2015/16 4.75 0.27

3.07 0.000.052.538.214.870.27 2016/17 5.42 0.26

3.01 0.000.052.508.254.980.26 2017/18 5.32 0.43

2.94 0.000.052.608.074.700.43 2018/19 5.26 0.21

3.01 0.000.052.618.144.920.21 2019/20 5.32 0.22

Based on the aggregate of different marketing years.


Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Major Oilseeds

96,843 53,48331,647112,0771,03314,20136,962 2006/07 63,407 17,023

82,453 53,49533,045100,7411,26517,02331,970 2007/08 60,787 6,909

89,201 49,34235,69497,4051,2956,90935,265 2008/09 56,091 5,620

98,951 51,48341,691105,6371,0665,62035,511 2009/10 58,402 5,544

100,432 49,32341,938106,9219455,54437,179 2010/11 57,664 7,319

92,442 50,31637,813101,0461,2857,31935,131 2011/12 57,621 5,612

93,323 50,25037,156100,5401,6055,61236,676 2012/13 57,621 5,763

98,986 51,45545,569107,8163,0675,76335,428 2013/14 58,294 3,953

116,050 55,10851,109121,8541,8513,95338,991 2014/15 63,989 6,756

115,891 55,05553,969123,7771,1306,75638,403 2015/16 62,940 6,868

126,942 56,25760,081135,3121,5026,86839,247 2016/17 65,630 9,601

131,483 60,16859,188142,5001,4169,60142,801 2017/18 69,485 13,827

133,853 61,35347,464148,8251,14513,82741,625 2018/19 70,521 30,840

124,247 62,26954,295156,5311,44430,84040,822 2019/20 72,135 30,101

Major Protein Meals

41,390 53,4838,26443,4601,709361nr 2006/07 34,811 385

40,786 53,4958,70643,1631,992385nr 2007/08 34,123 334

37,631 49,3427,94039,7821,817334nr 2008/09 31,596 246

39,992 51,48310,30841,5821,344246nr 2009/10 30,933 341

38,032 49,3238,48840,6142,241341nr 2010/11 31,748 378

39,450 50,3169,17042,8603,032378nr 2011/12 33,354 336

38,592 50,25010,46042,3213,393336nr 2012/13 31,547 314

39,291 51,45510,80343,4033,798314nr 2013/14 32,308 292

43,210 55,10812,14447,3753,873292nr 2014/15 34,941 290

42,778 55,05511,17947,1464,078290nr 2015/16 35,692 275

43,111 56,25710,82647,3103,924275nr 2016/17 36,077 407

47,026 60,16813,04051,1793,746407nr 2017/18 37,577 562

46,965 61,35312,99851,4493,922562nr 2018/19 37,987 464

47,665 62,26912,64551,9673,838464nr 2019/20 38,903 419

Major Vegetable Oils

10,450 53,4831,33314,7742,5271,7970 2006/07 11,700 1,741

10,544 53,4951,67915,3943,1091,7410 2007/08 12,251 1,464

9,667 49,3421,45714,3613,2301,4640 2008/09 11,167 1,737

10,058 51,4831,94815,1333,3381,7370 2009/10 11,194 1,991

9,775 49,3231,86115,3783,6121,9910 2010/11 11,794 1,723

10,032 50,3161,14615,5863,8311,7230 2011/12 12,873 1,567

10,231 50,2501,38715,5993,8011,5670 2012/13 13,068 1,144

10,425 51,4551,11615,5854,0161,1440 2013/14 13,497 972

10,938 55,1081,17416,1404,2309720 2014/15 13,680 1,286

11,211 55,0551,24817,0244,5271,2860 2015/16 14,574 1,202

11,434 56,2571,41517,3674,7311,2020 2016/17 14,720 1,232

12,108 60,1681,34918,1274,7871,2320 2017/18 15,538 1,240

12,405 61,3531,20718,2674,6221,2400 2018/19 15,786 1,274

12,563 62,2691,05918,6224,7851,2740 2019/20 16,478 1,085

Based on the aggregate of different marketing years


Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

87,001 49,19830,38699,47624612,22930,190 2006/07 53,473 15,617

72,859 49,08131,53888,74526915,61725,959 2007/08 51,627 5,580

80,749 45,23034,81786,6903615,58030,222 2008/09 48,112 3,761

91,470 47,67340,79895,6283973,76130,907 2009/10 50,724 4,106

90,663 44,85140,95995,1623934,10631,003 2010/11 48,351 5,852

84,291 46,34837,18690,5824395,85229,856 2011/12 48,786 4,610

82,791 45,96736,12988,5041,1034,61030,814 2012/13 48,550 3,825

91,363 47,19244,59497,1411,9533,82530,850 2013/14 50,043 2,504

106,905 50,97550,136110,3139042,50433,431 2014/15 54,989 5,188

106,869 51,33552,870112,6986415,18833,080 2015/16 54,474 5,354

116,931 51,74258,960122,8916065,35433,470 2016/17 55,723 8,208

120,065 55,92657,945128,8675948,20836,236 2017/18 58,999 11,923

123,664 57,15346,266136,05046311,92335,657 2018/19 60,657 29,127

112,945 57,56153,070142,61654429,12733,918 2019/20 61,093 28,453

Meal, Soybean

39,037 49,1987,98739,464142285nr 2006/07 31,166 311

38,359 49,0818,38438,798128311nr 2007/08 30,147 267

35,473 45,2307,70835,82080267nr 2008/09 27,899 213

37,836 47,67310,12538,194145213nr 2009/10 27,795 274

35,608 44,8518,23836,045163274nr 2010/11 27,489 318

37,217 46,3488,84537,731196318nr 2011/12 28,614 272

36,174 45,96710,11136,668222272nr 2012/13 26,308 249

36,909 47,19210,50437,505347249nr 2013/14 26,774 227

40,880 50,97511,89141,409302227nr 2014/15 29,282 236

40,525 51,33510,84441,127366236nr 2015/16 30,044 239

40,630 51,74210,50541,186317239nr 2016/17 30,318 363

44,657 55,92612,75245,469449363nr 2017/18 32,213 504

44,583 57,15312,70145,722635504nr 2018/19 32,613 408

45,042 57,56112,33845,904454408nr 2019/20 33,203 363

Oil, Soybean

9,294 49,19885110,676171,365nr 2006/07 8,426 1,399

9,335 49,0811,32010,764301,399nr 2007/08 8,317 1,127

8,503 45,2309959,671411,127nr 2008/09 7,378 1,298

8,897 47,6731,52410,242471,298nr 2009/10 7,173 1,545

8,568 44,8511,46610,185721,545nr 2010/11 7,506 1,213

8,954 46,34866410,235681,213nr 2011/12 8,396 1,175

8,990 45,96798110,254891,175nr 2012/13 8,522 751

9,131 47,1928529,95775751nr 2013/14 8,576 529

9,706 50,97591410,355120529nr 2014/15 8,600 841

9,956 51,3351,01710,927130841nr 2015/16 9,145 765

10,035 51,7421,15910,945145765nr 2016/17 9,010 776

10,783 55,9261,11011,711152776nr 2017/18 9,696 905

11,115 57,15397512,201181905nr 2018/19 10,341 885

11,129 57,56181612,218204885nr 2019/20 10,705 697

Data based on Local Marketing Year (MY). Soybeans are on a September/August MY, and Soybean

Meal and Oil are on an October/September MY.


Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

59,000 31,51123,80564,3911085,28320,700 2006/07 33,961 6,625

61,000 31,89524,51567,708836,62521,300 2007/08 34,365 8,828

57,800 30,77928,04166,7521248,82821,700 2008/09 33,129 5,582

69,000 35,70029,18874,7321505,58223,500 2009/10 38,100 7,444

75,300 37,26433,78982,784407,44424,200 2010/11 39,714 9,281

66,500 36,23031,90576,0792989,28125,000 2011/12 38,730 5,444

82,000 36,43242,82687,6842405,44427,700 2012/13 38,982 5,876

86,700 38,19545,74793,1555795,87630,100 2013/14 40,795 6,613

97,200 40,33954,635104,1423296,61332,100 2014/15 42,989 6,518

96,500 39,96752,100103,3803626,51833,300 2015/16 42,617 8,663

114,600 42,31268,807123,5302678,66333,900 2016/17 44,962 9,761

122,000 43,42584,155131,9461859,76135,150 2017/18 45,439 2,352

117,000 42,85069,000119,5021502,35236,100 2018/19 45,502 5,000

123,000 43,85077,800128,2002005,00036,900 2019/20 46,600 3,800

Meal, Soybean (Local)

24,420 31,51112,34625,429146863nr 2006/07 10,800 2,283

24,720 31,89512,70927,1461432,283nr 2007/08 12,300 2,137

23,850 30,77912,15326,073862,137nr 2008/09 12,800 1,120

27,670 35,70014,14728,862721,120nr 2009/10 13,187 1,528

28,880 37,26414,45230,459511,528nr 2010/11 13,400 2,607

28,080 36,23013,85430,702152,607nr 2011/12 14,000 2,848

28,230 36,43213,61931,108302,848nr 2012/13 14,800 2,689

29,560 38,19513,72132,276272,689nr 2013/14 15,300 3,255

31,220 40,33915,10634,491163,255nr 2014/15 16,000 3,385

30,930 39,96714,65134,342273,385nr 2015/16 16,800 2,891

32,780 42,31213,91535,706352,891nr 2016/17 17,361 4,430

33,650 43,42516,97638,100204,430nr 2017/18 17,800 3,324

33,190 42,85015,20036,539253,324nr 2018/19 18,190 3,149

34,000 43,85015,20037,175263,149nr 2019/20 18,975 3,000

Oil, Soybean (Local)

6,050 31,5112,5216,38462272nr 2006/07 3,505 358

6,120 31,8952,1986,4879358nr 2007/08 4,005 284

5,910 30,7791,4966,23541284nr 2008/09 4,395 344

6,850 35,7001,6327,1962344nr 2009/10 5,060 504

7,150 37,2641,7587,6540504nr 2010/11 5,305 591

6,950 36,2301,6887,5432591nr 2011/12 5,395 460

6,990 36,4321,4107,4544460nr 2012/13 5,528 516

7,330 38,1951,3267,8460516nr 2013/14 5,955 565

7,740 40,3391,6508,33732565nr 2014/15 6,220 467

7,670 39,9671,2508,21174467nr 2015/16 6,490 471

8,120 42,3121,3238,64251471nr 2016/17 6,877 442

8,325 43,4251,4108,80841442nr 2017/18 6,990 408

8,220 42,8501,2508,67850408nr 2018/19 7,126 302

8,415 43,8501,2508,76750302nr 2019/20 7,200 317

Data based on Brazil's local February/January Marketing Year (MY).

Where February 2012 - January 2013 is the 2011/12 MY.


Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

48,800 35,96312,13351,8042,33666816,300 2006/07 37,593 2,078

46,200 31,88311,80351,2252,9472,07816,371 2007/08 33,608 5,814

32,000 28,5553,48637,9711575,81416,000 2008/09 30,405 4,080

54,500 39,19613,70158,58004,08018,600 2009/10 41,496 3,383

49,000 37,52110,38952,396133,38318,300 2010/11 39,901 2,106

40,100 30,6816,09842,20822,10617,577 2011/12 33,431 2,679

49,300 35,0097,81751,98122,67919,750 2012/13 40,009 4,155

53,400 38,5037,43457,55724,15519,250 2013/14 43,503 6,620

61,450 45,11011,67068,2111416,62019,350 2014/15 50,360 6,181

58,800 43,0429,04666,2851,3046,18119,350 2015/16 49,242 7,997

55,000 40,9407,24565,6282,6317,99717,335 2016/17 47,440 10,943

37,800 36,3503,71955,9997,25610,94316,300 2017/18 43,050 9,230

56,000 44,5007,00069,2304,0009,23017,100 2018/19 51,393 10,837

53,000 45,0007,00067,7373,90010,83717,500 2019/20 52,150 8,587

Meal, Soybean (Local)

27,857 35,96328,10829,38621,527nr 2006/07 544 734

24,839 31,88324,38925,5763734nr 2007/08 652 535

22,519 28,55521,30323,0584535nr 2008/09 750 1,005

30,493 39,19628,38431,49801,005nr 2009/10 850 2,264

29,181 37,52127,48531,44502,264nr 2010/11 1,085 2,875

23,946 30,68121,97326,82102,875nr 2011/12 1,550 3,298

27,150 35,00923,93730,44803,298nr 2012/13 1,950 4,561

29,528 38,50327,47334,08904,561nr 2013/14 2,200 4,416

34,737 45,11031,86739,15414,416nr 2014/15 2,530 4,757

33,102 43,04230,98037,85904,757nr 2015/16 2,760 4,119

31,235 40,94029,26535,35404,119nr 2016/17 2,930 3,159

27,400 36,35024,50030,55903,159nr 2017/18 3,139 2,920

33,600 44,50029,50036,52002,920nr 2018/19 3,200 3,820

34,000 45,00031,30037,82003,820nr 2019/20 3,350 3,170

Oil, Soybean (Local)

6,917 35,9636,5157,4020485nr 2006/07 675 212

6,037 31,8834,9876,2490212nr 2007/08 1,125 137

5,448 28,5553,7095,5850137nr 2008/09 1,716 160

7,460 39,1965,1807,6200160nr 2009/10 2,215 225

7,148 37,5214,2277,3730225nr 2010/11 2,755 391

5,840 30,6813,4336,26635391nr 2011/12 2,550 283

6,616 35,0094,2816,95859283nr 2012/13 2,375 302

7,191 38,5034,2967,51926302nr 2013/14 2,843 380

8,753 45,1106,3129,1385380nr 2014/15 2,308 518

8,382 43,0425,3868,9000518nr 2015/16 3,055 459

7,925 40,9404,7168,3840459nr 2016/17 3,195 473

7,160 36,3504,5707,6330473nr 2017/18 2,763 300

8,650 44,5005,5008,9500300nr 2018/19 3,075 375

8,800 45,0005,6509,1750375nr 2019/20 3,175 350

Data based on Argentina's Local April/March Marketing Year (MY).

Where April 2012 - March 2013 is the 2011/12 MY.


Table 24: South East Asia Oilseeds and Products Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

4,054 Oilseed, Copra 4,243 4,626 4,656 4,486 4,486

13,705 Oilseed, Palm Kernel 15,058 16,274 17,000 17,520 17,520

947 Oilseed, Soybean 885 846 817 799 799

3,705 Other 3,707 3,674 3,617 3,587 3,587

22,411 Total 23,893 25,420 26,090 26,392 26,392

none


795 Meal, Fish 921 916 927 943 930

427 Meal, Rapeseed 378 458 520 555 555

18,257 Meal, Soybean 18,756 19,462 20,307 21,228 21,228

3,061 Other 3,421 3,599 3,751 3,832 3,832

22,540 Total 23,476 24,435 25,505 26,558 26,545

none

SME none

1,152 Meal, Fish 1,333 1,324 1,340 1,363 1,344

304 Meal, Rapeseed 269 326 370 395 395

18,187 Meal, Soybean 18,666 19,352 20,187 21,108 21,108

1,598 Other 1,746 1,817 1,872 1,902 1,902

21,242 Total 22,014 22,818 23,769 24,767 24,748

none

Imports none

278 Meal, Fish 351 370 372 370 385

384 Meal, Rapeseed 360 501 490 525 525

15,661 Meal, Soybean 16,097 16,748 17,328 17,929 17,929

684 Other 739 701 700 735 735

17,007 Total 17,547 18,320 18,890 19,559 19,574

none

Industrial Dom. Cons. none

7,226 Oil, Palm 6,767 9,005 11,060 11,630 11,630

0 Oil, Rapeseed 0 0 0 0 0

42 Oil, Soybean 46 45 50 55 55

0 Oil, Sunflowerseed 0 0 0 0 0

3,988 Other 4,191 4,708 4,984 5,121 5,121

11,256 Total 11,004 13,758 16,094 16,806 16,806

none

Food Use Dom. Cons. none

9,231 Oil, Palm 9,740 10,195 10,605 10,985 10,985

26 Oil, Rapeseed 31 17 23 26 26

652 Oil, Soybean 672 635 741 800 800


1,421 Other 1,476 1,567 1,653 1,712 1,712

11,461 Total 12,050 12,545 13,153 13,654 13,654

none


16,873 Oil, Palm 16,975 19,723 22,238 23,215 23,215

26 Oil, Rapeseed 31 17 23 26 26

694 Oil, Soybean 718 680 791 855 855


5,419 Other 5,677 6,285 6,647 6,843 6,843

23,143 Total 23,532 26,836 29,830 31,070 31,070

none

Imports none

3,600 Oil, Palm 3,697 3,553 3,877 4,012 4,012

13 Oil, Rapeseed 12 12 13 13 13

290 Oil, Soybean 273 231 270 291 291


567 Other 499 567 537 589 589

4,470 Total 4,481 4,363 4,697 4,905 4,905

Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

SME - 44 Percent Protein Soybean Meal Equivalent


Table 25: Middle East Oilseeds and Products Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

1,032 Oilseed, Cottonseed 1,228 1,447 1,502 1,528 1,528

254 Oilseed, Rapeseed 263 200 228 228 228

242 Oilseed, Soybean 241 292 257 272 272

1,147 Oilseed, Sunflowerseed 1,376 1,609 1,859 1,609 1,609

148 Other 164 165 154 150 150

2,823 Total 3,272 3,713 4,000 3,787 3,787

none


110 Meal, Fish 125 120 135 135 135

835 Meal, Rapeseed 855 778 780 785 785

7,456 Meal, Soybean 7,885 8,241 8,748 9,177 9,177

2,892 Other 3,366 3,707 3,757 3,881 3,831

11,293 Total 12,231 12,846 13,420 13,978 13,928

none

SME none

159 Meal, Fish 181 173 195 195 195

594 Meal, Rapeseed 608 554 555 559 559

7,454 Meal, Soybean 7,883 8,239 8,746 9,175 9,175

1,927 Other 2,249 2,457 2,515 2,594 2,560

10,134 Total 10,921 11,423 12,011 12,522 12,489

none

Imports none

108 Meal, Fish 125 130 120 130 130

196 Meal, Rapeseed 173 180 188 193 193

4,112 Meal, Soybean 4,950 3,821 4,600 4,930 4,930

1,497 Other 1,764 1,813 1,780 1,832 1,832

5,913 Total 7,012 5,944 6,688 7,085 7,085

none

Imports none

2,309 Oil, Palm 2,521 2,564 2,947 3,072 3,072

61 Oil, Rapeseed 52 52 54 54 54

414 Oil, Soybean 345 328 358 375 375

1,654 Oil, Sunflowerseed 2,222 1,721 1,725 1,745 1,745

171 Other 174 159 182 188 188

4,609 Total 5,314 4,824 5,266 5,434 5,434

none


185 Oil, Palm 180 180 180 185 185

30 Oil, Rapeseed 30 14 10 7 7

126 Oil, Soybean 125 135 138 144 144


58 Other 54 50 56 56 56

419 Total 409 399 404 412 412

none


1,814 Oil, Palm 1,935 2,156 2,387 2,517 2,517

324 Oil, Rapeseed 259 228 215 216 216

929 Oil, Soybean 947 980 1,002 1,038 1,038


640 Other 636 682 688 724 724

5,761 Total 6,078 6,398 6,640 6,909 6,909

none


1,999 Oil, Palm 2,115 2,336 2,567 2,702 2,702

354 Oil, Rapeseed 289 242 225 223 223

1,135 Oil, Soybean 1,127 1,175 1,210 1,257 1,257


704 Other 700 739 751 787 787

6,276 Total 6,562 6,874 7,131 7,413 7,413

Middle East includes Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey,

United Arab Emirates, West Banks, and Yemen.



Table 26: European Union Oilseeds and Products Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

21,997 Oilseed, Rapeseed 20,538 22,171 20,061 19,700 19,700

2,320 Oilseed, Soybean 2,410 2,539 2,681 2,775 2,775


409 Other 418 487 550 569 569

32,447 Total 32,017 35,371 32,992 32,744 32,744

none


581 Meal, Fish 536 630 620 620 620

13,800 Meal, Rapeseed 13,680 13,700 13,300 13,250 13,250

30,692 Meal, Soybean 30,242 30,042 31,042 31,342 31,342

9,181 Other 9,907 10,276 10,182 10,087 10,087

54,254 Total 54,365 54,648 55,144 55,299 55,299

none

SME none

842 Meal, Fish 775 910 896 896 896

9,819 Meal, Rapeseed 9,733 9,748 9,463 9,427 9,427

30,650 Meal, Soybean 30,200 30,000 31,000 31,300 31,300

5,242 Other 5,795 5,935 5,910 5,879 5,879

46,554 Total 46,502 46,593 47,269 47,502 47,502

none

Imports none

284 Meal, Fish 193 267 250 250 250

409 Meal, Rapeseed 219 242 500 500 500

19,213 Meal, Soybean 18,794 18,354 18,700 19,000 19,000

5,507 Other 5,691 5,804 5,707 5,507 5,507

25,413 Total 24,897 24,667 25,157 25,257 25,257

none


3,400 Oil, Palm 3,700 3,800 3,900 3,800 3,800

7,200 Oil, Rapeseed 7,100 6,950 6,700 6,750 6,750

930 Oil, Soybean 850 870 925 950 950


475 Other 525 565 585 585 585

12,425 Total 12,575 12,515 12,460 12,415 12,435

none


3,000 Oil, Palm 2,900 2,900 2,900 2,900 2,900

2,800 Oil, Rapeseed 2,950 3,000 2,950 2,975 2,975

1,300 Oil, Soybean 1,300 1,300 1,300 1,300 1,300


2,358 Other 2,151 2,418 2,588 2,689 2,689

13,308 Total 13,501 13,918 14,138 14,264 14,264

none


6,600 Oil, Palm 6,800 6,900 7,000 6,900 6,900

10,050 Oil, Rapeseed 10,100 10,000 9,700 9,775 9,775

2,285 Oil, Soybean 2,205 2,225 2,280 2,305 2,305


2,848 Other 2,691 2,998 3,188 3,289 3,289

26,063 Total 26,406 26,766 26,931 27,012 27,032

none

Imports none

6,717 Oil, Palm 7,219 7,057 7,100 6,950 6,950

207 Oil, Rapeseed 153 158 250 250 250

325 Oil, Soybean 285 284 325 325 325


1,396 Other 1,422 1,618 1,571 1,661 1,661

10,063 Total 10,870 10,646 10,846 10,736 10,736

European Union includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France,

Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania,

Slovakia, Slovenia, Spain, Sweden, and United Kingdom.


Table 27: China Oilseeds and Products Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

15,961 Oilseed, Peanut 16,361 17,092 17,000 17,500 17,500


12,360 Oilseed, Soybean 13,644 15,200 15,900 17,000 17,000


8,600 Other 8,800 10,800 10,875 10,875 10,875

53,478 Total 54,923 59,486 59,875 61,725 61,725

none


1,439 Meal, Fish 2,019 1,906 1,825 1,860 1,875

10,572 Meal, Rapeseed 10,777 11,453 11,225 11,006 11,006

62,663 Meal, Soybean 68,646 70,105 67,242 67,262 67,262

7,832 Other 8,252 9,495 10,395 10,599 10,599

82,506 Total 89,694 92,959 90,687 90,727 90,742

none

SME none

2,087 Meal, Fish 2,928 2,754 2,637 2,688 2,709

7,197 Meal, Rapeseed 7,339 7,816 7,650 7,494 7,494

61,663 Meal, Soybean 67,596 69,005 66,092 66,062 66,062

6,983 Other 7,260 8,244 8,807 8,978 8,978

77,930 Total 85,123 87,819 85,186 85,222 85,244

none

Imports none

1,042 Meal, Fish 1,583 1,466 1,400 1,435 1,450

359 Meal, Rapeseed 875 1,258 1,325 1,225 1,225

24 Meal, Soybean 61 23 30 50 50

403 Other 657 842 1,720 1,805 1,805

1,828 Total 3,176 3,589 4,475 4,515 4,530

none


2,700 Oil, Palm 2,650 2,900 4,015 4,270 4,270

2,855 Oil, Peanut 2,807 2,966 2,908 3,012 3,012

8,500 Oil, Rapeseed 8,600 8,600 8,326 8,159 8,159

15,350 Oil, Soybean 16,350 16,500 16,249 16,391 16,391


1,272 Other 1,296 1,569 1,608 1,600 1,625

32,056 Total 33,035 33,963 34,621 35,160 35,185

none


4,800 Oil, Palm 4,750 5,100 6,315 6,670 6,670

2,855 Oil, Peanut 2,807 2,966 2,908 3,012 3,012

8,500 Oil, Rapeseed 8,600 8,600 8,326 8,159 8,159

15,350 Oil, Soybean 16,350 16,500 16,249 16,391 16,391


1,832 Other 1,891 2,270 2,358 2,375 2,400

34,716 Total 35,730 36,864 37,671 38,335 38,360

none

Imports none

4,689 Oil, Palm 4,881 5,320 6,150 6,700 6,700

113 Oil, Peanut 111 112 125 150 150

768 Oil, Rapeseed 802 1,067 1,350 1,400 1,400

586 Oil, Soybean 711 481 900 1,100 1,100

878 Oil, Sunflowerseed 725 785 800 1,000 1,000

737 Other 773 883 973 990 1,015

7,771 Total 8,003 8,648 10,298 11,340 11,365



Table 28: India Oilseeds and Products Supply and Distribution


2015/16 2016/17 2017/18 2018/19

May

2019/20

Jun

2019/20

none

Production none

10,996 Oilseed, Cottonseed 11,463 12,312 11,038 12,100 12,100

4,470 Oilseed, Peanut 6,924 6,650 4,700 5,750 5,750


6,929 Oilseed, Soybean 10,992 8,350 11,500 10,900 10,900

323 Oilseed, Sunflowerseed 318 230 280 188 188

735 Other 735 770 770 770 770

29,373 Total 37,052 35,412 36,288 37,408 37,408

none


3,959 Meal, Cottonseed 3,725 4,278 3,959 4,258 4,258

1,108 Meal, Peanut 1,587 1,621 1,318 1,439 1,439

2,600 Meal, Rapeseed 2,750 2,875 3,150 3,150 3,150

4,460 Meal, Soybean 4,750 4,800 5,600 5,750 5,750

315 Meal, Sunflowerseed 439 218 304 281 281

431 Other 452 546 485 515 515

12,873 Total 13,703 14,338 14,816 15,393 15,393

none

SME none

3,208 Meal, Cottonseed 3,018 3,466 3,208 3,450 3,450

1,240 Meal, Peanut 1,778 1,816 1,476 1,617 1,617

1,850 Meal, Rapeseed 1,957 2,046 2,241 2,241 2,241

4,300 Meal, Soybean 4,500 4,550 5,350 5,500 5,500

210 Meal, Sunflowerseed 293 145 203 187 187

188 Other 196 239 211 224 224

10,996 Total 11,742 12,263 12,689 13,220 13,220

none


1,230 Oil, Cottonseed 1,120 1,300 1,180 1,276 1,276

8,600 Oil, Palm 8,900 8,600 10,000 10,300 10,300

860 Oil, Peanut 1,150 1,300 998 1,122 1,122

2,200 Oil, Rapeseed 2,350 2,750 2,700 2,775 2,775

5,250 Oil, Soybean 5,150 4,720 5,000 5,200 5,200


265 Other 240 295 280 287 287

20,070 Total 20,910 21,365 22,758 23,460 23,460

none


1,275 Oil, Cottonseed 1,165 1,345 1,225 1,321 1,321

9,100 Oil, Palm 9,450 9,180 10,600 10,925 10,925

870 Oil, Peanut 1,160 1,310 1,008 1,132 1,132

2,280 Oil, Rapeseed 2,435 2,830 2,780 2,855 2,855

5,250 Oil, Soybean 5,150 4,720 5,000 5,200 5,200


547 Other 506 595 579 594 594

20,987 Total 21,866 22,380 23,792 24,527 24,527

none

Imports none

0 Oil, Cottonseed 0 3 3 0 0

8,860 Oil, Palm 9,341 8,608 10,500 10,750 10,750

0 Oil, Peanut 0 0 0 0 0

383 Oil, Rapeseed 317 278 250 275 275

4,269 Oil, Soybean 3,534 2,984 3,400 3,500 3,500


106 Other 82 117 115 120 120

15,110 Total 15,410 14,486 16,668 17,095 17,095



Year Rapeseed Copra

Beg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb Rott

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average

07/08-16/17 414 424 453 451 485 518 1517 491 514 506 814

2007/08 414 452 472 469 550 458 1,688 532 745 644 867

2008/09 368 365 403 392 421 517 1,204 461 364 393 487

2009/10 354 357 390 395 429 467 1,209 342 452 419 613

2010/11 454 482 508 511 549 508 1,792 591 661 647 1188

2011/12 488 505 549 533 562 729 2,480 632 593 616 829

2012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14 482 487 514 517 542 524 1,300 480 466 505 854

2014/15 362 356 388 401 407 482 1,294 506 432 417 749

2015/16 339 346 382 375 396 419 1,260 433 440 409 907

2016/17 347 351 385 376 404 437 1,554 386 408 432 1076

2017/18

Oct 337 343 386 378 399 522 1,275 370 390 430 989

Nov 339 346 386 371 401 511 1,250 366 393 438 1,038

Dec 342 345 384 368 399 531 1,231 375 395 425 958

Jan 342 345 384 365 405 509 1,225 388 398 426 943

Feb 349 358 394 383 418 498 1,200 390 408 429 835

Mar 360 366 414 401 432 538 1,302 381 416 423 745

Apr 361 367 428 424 442 514 1,430 397 423 418 756

May 362 363 406 415 431 500 1,420 395 422 411 692

Jun 351 328 386 382 398 500 1,360 390 420 406 623

Jul 334 301 393 380 378 494 1,375 384 401 422 614

Aug 316 302 393 383 380 485 1,380 373 389 436 616

Sep 322 284 397 380 358 489 1,360 368 378 432 598

Average 343 337 396 386 403 508 1,317 381 403 425 784

2018/19

Oct 315 291 412 393 368 487 1,315 368 375 432 558

Nov 308 301 382 368 373 467 1,250 375 377 427 511

Dec 315 313 351 357 382 392 1,275 362 370 424 535

Jan 317 315 349 347 382 489 1,255 384 381 425 520

Feb 313 315 353 347 380 474 1,300 397 396 422 478

Mar 313 311 344 335 373 453 1,325 392 397 409 451

Apr 304 306 336 319 364 452 1,294 388 393 412 456

*May N/A 288 338 320 345 N/A 1,305 N/A 405 409 452

Jun

Jul

Aug

Sep

Average 312 305 358 348 371 459 1,290 381 387 420 495

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA

9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary 6/11/2019 9:44:46 AM

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC

5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

Table 29: Oilseed Prices

U.S. Dollars per Metric TonSoybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.


Year Fish

Beg U.S. Brz Arg Hamb U.S. Ukr Brem

Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average

07/08-16/17 406 384 380 430 213 253 1495

2007/08 370 337 299 469 191 298 1146

2008/09 365 333 290 401 168 178 1103

2009/10 343 327 311 391 167 222 1668

2010/11 381 383 386 418 242 254 1607

2011/12 434 442 442 461 272 263 1448

2012/13 516 489 506 538 266 318 1,791

2013/14 540 500 509 533 263 315 1,660

2014/15 406 376 386 403 231 269 1,632

2015/16 358 335 349 351 169 233 1,517

2016/17 349 322 326 336 160 178 1,377

2017/18

Oct 347 326 320 337 169 169 1,378

Nov 346 322 323 333 182 163 1,388

Dec 352 333 340 348 204 172 1,480

Jan 356 343 352 361 196 176 1,572

Feb 400 384 400 400 205 206 1,605

Mar 419 397 415 427 207 239 1,604

Apr 425 419 458 447 212 259 1,578

May 434 416 433 443 222 269 1,510

Jun 392 390 385 391 194 270 1,494

Jul 376 376 376 382 171 265 1,495

Aug 367 358 351 363 169 261 1,477

Sep 351 348 342 347 166 235 1,491

Average 380 368 375 382 191 224 1,506

2018/19

Oct 352 349 340 347 181 235 1,483

Nov 342 335 332 340 189 240 1,478

Dec 344 325 326 344 207 213 1,479

Jan 347 361 334 343 210 211 1,484

Feb 338 325 326 330 207 214 1,471

Mar 338 319 320 320 209 204 1,470

Apr 335 315 313 318 184 205 1,505

*May 328 312 311 320 156 212 1,511

Jun

Jul

Aug

Sep

Average 341 330 325 333 193 217 1,485

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Brazil Paranagua, FOB; 48% Protein; IGC.

3/ Argentina Pellets, Up River, FOB; IGC; 4/ Hamburg FOB 44/45% Ex-Mill; Oil World.

5/ Memphis FOB; 41% Protein Solvent Extraction; USDA; 6/ Minneapolis FOB; 32% Protein; USDA.

7/ HiPro a.o. cif France or Ukraine DAF; Argentina Pellet 37-38% (Prior to Aug 2012); Oilworld.

8/ Bremen 64-65% Protein; Oil World. 9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.

* Preliminary 6/11/2019 9:44:46 AM

272

276

274

273

258 261

266

249

244

232

239

237

353

323

269

273

259

249

252

256

366

416

335

230

268

281

277

259

293

305

282

264

204

285

334

356

290

288

252

269

232

208

225

216

241

267

285

287

274

265

289

284

279

287

281

244

302

303

U.S.

5/

305

280

Table 30: Protein Meal Prices

U.S. Dollars per Metric TonSoybean SunseedCottonseed Rapeseed

Hamb

9/

269

298

195

221

278

295


Year Cottonseed Palm Canola Coconut Corn

Begin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average

07/08-16/17 892 921 919 1,007 1,104 1,470 1,071 1,659 1,649 822 1,036 1,222 1,010

2007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,529

2008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 722

2009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866

2010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331

2011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,236

2012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827

2015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865

2016/17 718 765 763 848 902 1,181 807 1,496 1,524 699 871 1,621 825

2017/18

Oct 713 770 775 867 817 1,235 788 1,443 1,410 681 889 1,485 771

Nov 737 781 786 881 816 1,224 795 1,433 1,368 670 930 1,549 760

Dec 711 753 758 866 755 1,208 787 1,437 1,356 619 879 1,456 749

Jan 697 759 766 864 722 1,224 784 1,458 1,335 650 848 1,399 676

Feb 675 748 753 842 693 1,213 794 1,469 1,325 654 829 1,252 655

Mar 668 747 749 834 691 1,190 790 1,477 1,325 658 798 1,124 654

Apr 655 730 735 827 688 1,190 802 1,474 1,330 651 794 1,135 650

May 648 710 719 793 689 1,190 782 1,466 1,316 639 812 1,029 654

Jun 624 685 680 786 659 1,190 759 1,493 1,308 605 817 938 651

Jul 600 666 660 775 634 1,190 774 1,499 1,289 570 836 917 634

Aug 608 657 641 766 631 1,190 739 1,499 1,281 559 853 917 591

Sep 611 653 642 757 637 1,190 713 1,491 1,264 552 843 903 583

Average 662 722 722 822 703 1,203 776 1,470 1,326 626 844 1,175 669

2018/19

Oct 637 676 658 760 674 1,190 712 1,469 1,225 539 875 841 599

Nov 606 645 633 734 693 1,164 678 1,429 1,191 492 858 767 581

Dec 620 633 617 726 707 1,179 676 1,372 1,180 489 831 806 583

Jan 627 652 651 746 748 1,179 689 1,364 1,174 538 834 782 578

Feb 652 683 693 770 803 1,168 706 1,348 1,161 556 823 713 565

Mar 631 641 653 734 787 1,173 700 1,345 1,179 523 800 681 589

Apr 614 627 629 733 819 1,190 701 1,439 N/A 538 802 675 616

*May 594 626 637 733 786 1,177 726 1,455 N/A 511 820 669 612

Jun

Jul

Aug

Sep

Average 623 648 646 742 752 1,178 699 1,403 1,185 523 830 742 590

1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.

3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA.

6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA.

9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOB

Ex-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS

* Preliminary

Table 31: Vegetable Oil Prices

U.S. Dollars per Metric Ton

6/11/2019 9:44:46 AM

Soybean Sunseed Peanut


global oilseed consumption continues to grow despite ... · global protein meal trade is projected...

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