Continued U.S.-China Tension Affecting Soybean Trade in ... · season) and then high imports from...
Transcript of Continued U.S.-China Tension Affecting Soybean Trade in ... · season) and then high imports from...
United States Department of Agriculture Foreign Agricultural Service
Approved by the World Agricultural Outlook Board/USDA
October 2018
Continued U.S.-China Tension Affecting Soybean Trade in 2018/19
As of the October 4 U.S. Exports Sales, U.S. soybean outstanding sales are below last year
owing to fewer sales to China, which are currently 85 percent below last season. Anemic weekly
sales and significantly lower outstanding sales indicate that there is not much interest in
purchasing U.S. soybeans by China, primarily due to its decision to include soybeans on the list
of key U.S. commodities that are subject to retaliatory tariffs. U.S. soybean exports to China
typically reach their lowest levels in summer and then build strength as harvest
progresses. However, a large pullback in Chinese demand for U.S. soybeans appears likely to
continue well into 2018/19.
U.S. accumulated soybean exports were a little over 3.0 million tons or 23 percent below last
year. Accumulated exports to China were only 67,000 tons, which is 2.5 million tons less
compared to last year. Weekly shipments to the rest of the world were 1.6 million tons above
last year; however, they did not fully offset reductions for China.
U.S. soybean sales to the rest of the world (including unknown) are 42 percent above last year,
though the ability for the rest of the world to make up for typical exports to China will be tested.
The export sales are a good forward indicator of shipments; however, unlike China, many
markets such as the European Union, the Middle East, and North Africa do not purchase
soybeans in advance, so the report’s usefulness as a predictor of future shipments is limited.
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U.S. Soybean Outstanding Sales, September 1-27
2017/18 U.S. Soybean Share in China Falls
Based on available trade data, USDA estimates that 2017/18 U.S. soybean market share in China
has fallen to 29 percent from 39 percent last year, while Brazil surged to 66 percent from 48
percent. According to U.S. Census Bureau trade data, U.S. soybean exports to China (Sep-Aug)
were the lowest in volume since 2013/14 and the lowest in value since 2009/10.
The United States and Brazil are the primary soybean suppliers to China. With each supplier
having alternate growing and harvesting seasons, China’s imports have historically run in a cycle
with high imports from the United States between September and February (Brazil’s growing
season) and then high imports from Brazil between March and August (U.S. growing season).
During September-December 2017, the United States shipped 18 percent less soybeans to China
than in 2016. With record supplies available on September 1, Brazil exports to China rose more
than three-fold in the final four months of 2017, and this increase more than offset lost trade
from the United States. In the first months of 2018, with the start of the Brazilian soybean
harvest, the prospects of an uptick in the pace of U.S. sales to China were limited. During
January-February 2018, U.S. exports to China were 24 percent lower than over the same period
in 2017. In the meantime, Brazil continued its soybean shipments to China at nearly the same
pace as the previous year. U.S. soybean exports to China between January and July did
relatively well in volume terms; however, the Calendar Year pace was the lowest since 2013.
The implementation of retaliatory tariffs led to an adjustment of trade flows in global soybean
markets. An export price gap that opened between the United States and Brazil continued to
widen towards the end of the marketing year, leading to fewer Brazilian sales outside of China
and greater U.S. exports to other-than-China markets. Trade tensions between the United States
and China will continue to affect soybean and soybean products trade in 2018/19.
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US Brazil ROW
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Foreign Agricultural Service/USDA 2 October 2018Office of Global Analysis
USDA Adjusts Indonesia and Malaysia Palm Oil PSDs
Due to new assessments of palm oil production and exports for Malaysia and domestic
consumption and exports of biodiesel in Indonesia, USDA has adjusted downward estimates of
global palm oil ending stocks.
Malaysia palm oil production was adjusted downward for 2017/18 and 2018/19, however the
change was more than offset by lower exports in 2017/18. Indonesia palm oil stocks were
lowered going back to 2012/13. The reduction was based on new assessments of domestic use,
primarily driven by higher consumption of biodiesel. Adjustments for 2017/18 incorporate
recent exports of Indonesian biodiesel to
China.
These combined adjustments for the two
largest palm oil producers dropped global
ending stocks of palm oil in the following
years:
2012/13 (9.2 million tons to 9.1)
2013/14 (9.6 million tons to 9.0)
2014/15 (10.2 million tons to 9.9)
2015/16 (8.9 million tons to 8.1)
2016/17 (9.2 million tons to 8.3)
2017/18 (10.9 million tons to 9.7)
2018/19 (12.0 million tons to 9.9)
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Foreign Agricultural Service/USDA 3 October 2018Office of Global Analysis
EXPORT PRICES
U.S. soybean export bids in September, FOB Gulf, averaged $312/ton, down $23 from August. In
comparison, FOB Brazil Paranagua averaged $397/ton, up $3. FOB Argentina Up River averaged
$380/ton, down $3. In the first half of September, prices in the United States saw downward
pressure from prospects for burdensome supplies. In the second half of September, soybean prices
saw an uptrend supported by a slowdown in harvest progress due to excessive precipitation in parts
of the Midwest.
U.S. soybean meal export bids in September, FOB Gulf, averaged $357/ton, down $26 from
August. In comparison, FOB Brazil Paranagua averaged $348/ton, down $10. FOB Argentina Up
River averaged $342/ton, down $10. Many countries, except China, have raised their soybean
imports and crush above expectations to offset shortfalls in Argentina’s soybean meal exports,
thereby pressuring meal prices.
Soybean and palm oil prices recorded an impressive recovery driven by healthy biodiesel production
and a rally in crude mineral oil prices. Additionally, in September, the European Commission
decided to postpone its decision to resume additional import duties on Argentine biodiesel. Soybean
crush margins continue to be very good in the United States. Increased year-over-year global
production of palm oil has put downward pressure on prices in Malaysia and Indonesia. However,
with most recent production estimates lower for Malaysia and increased biodiesel consumption and
exports in Indonesia, palm oil prices saw an uptick.
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SOYBEAN EXPORT PRICES
Argentina (Up River)
Brazil (Paranagua)
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OVERVIEW FOR 2018/19
Global oilseed production is forecast slightly lower this month at 604.0 million tons. Soybeans
are forecast slightly up at 369.5 million tons, as gains for Canada exceed losses for India, Mexico,
and the United States. The rapeseed crop estimate is higher this month as gains for the European
Union, Ukraine, and the United States more than offset reductions for Australia. Global soybean
imports are up slightly, driven by Mexico. Soybean exports are up on projected higher exports for
Canada. Palm oil production is down on reductions for Malaysia. The U.S. season-average farm
price for soybeans is projected down $0.30 at $8.60 per bushel.
Foreign Agricultural Service/USDA 4 October 2018Office of Global Analysis
EXPORT SALES
For the week ending September 27, U.S. 2018/19
soybean export commitments (outstanding
sales plus accumulated exports) to China totaled
1.3 million tons compared to 10.7 million a year
ago. Total commitments to the world were 20.2
million tons, compared to 23.3 million for the
same period last year. Accumulated soybean
exports in the new marketing year were at 3.1
million tons, which is 23 percent below the same
period last year. Accumulated soybean exports to
China were only 67,000 tons, which is 97 percent
below or 2.5 million tons less than last year.
Weekly shipments to the rest of the world were
115 percent above last year’s (1.6 million tons
more); however, they did not fully offset
reductions for China.
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SOYBEAN MEAL EXPORT PRICES
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Brazil 48% (Paranagua)
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SOYBEAN AND PALM OIL EXPORT PRICES
Argentina (Up River) Soy Oil
Brazil (Paranagua) Soy Oil
USA (Gulf) Soy Oil
Indonesia Palm Oil
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Foreign Agricultural Service/USDA 5 October 2018Office of Global Analysis
2018/19 OUTLOOK CHANGES
Country Commodity Attribute Previous Current Change Reason
Australia Oilseed, Rapeseed Export 2,600 2,500 -100
Lower crop projection India Oilseed, Peanut Export 850 750 -100
Mexico Oilseed, Soybean Import 4,750 4,900 150
Canada Oilseed, Soybean Export 5,000 5,500 500
Larger crop projection
Ukraine Oilseed, Rapeseed Export 2,450 2,550 100
United States
Oil, Palm Import 1,600 1,500 -100 Larger domestic rapeseed
forecast and rapeseed oil
production
Note: All figures are in thousand metric tons.
2017/18 OUTLOOK CHANGES
Country Commodity Attribute Previous Current Change Reason
United States Meal, Soybean Export 13,063 13,517 454 Stronger end-of-season exports
Argentina
Oilseed, Soybean Import 3,900 4,000 100 Trade trend
Meal, Soybean Export 26,200 25,250 -950 Trade trend
Oil, Soybean Export 3,850 4,130 280 Trade trend
Brazil
Oilseed, Soybean Export 76,700 76,193 -507
Final marketing year trade Meal, Soybean Export 16,350 16,074 -276
European Union
Oilseed, Soybean Import 14,500 15,500 500 Stronger end-of-season imports
Meal, Soybean Import 18,500 18,400 -100 Weaker end-of-season imports on
larger soybean imports and crush Meal, Sunflower Import 3,700 3,600 -100
Malaysia Oil, Palm Export 17,000 16,469 -531 Final trade data
Note: All figures are in thousand metric tons.
Foreign Agricultural Service/USDA 6 October 2018Office of Global Analysis
Questions may be directed to:
Bill George (202) 720-6234 [email protected] (or [email protected])
Agata Kingsbury (202) 260-8910 [email protected] (or [email protected])
Ben Boroughs (202) 378-1062 [email protected] (or [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/
Foreign Agricultural Service/USDA 7 October 2018Office of Global Analysis
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
Foreign Agricultural Service/USDA 8 October 2018Office of Global Analysis
Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
5.42 Oilseed, Copra 5.32 5.51 5.73 5.83 5.83
44.36 Oilseed, Cottonseed 35.78 39.09 45.08 44.85 44.76
16.57 Oilseed, Palm Kernel 15.96 17.36 18.40 19.21 19.11
42.13 Oilseed, Peanut 41.71 45.08 45.71 43.93 42.89
71.29 Oilseed, Rapeseed 69.81 70.85 75.15 71.70 72.13
319.96 Oilseed, Soybean 315.58 348.12 337.45 369.32 369.48
39.19 Oilseed, Sunflowerseed 40.54 48.01 47.41 49.83 49.76
538.91 Total 524.69 574.02 574.94 604.67 603.95
none
Imports none
0.10 Oilseed, Copra 0.13 0.11 0.12 0.10 0.10
0.68 Oilseed, Cottonseed 0.68 0.97 0.94 0.88 0.88
0.07 Oilseed, Palm Kernel 0.06 0.06 0.07 0.07 0.07
2.52 Oilseed, Peanut 3.31 3.12 3.19 3.29 3.29
14.32 Oilseed, Rapeseed 14.42 15.66 15.43 16.91 16.85
124.36 Oilseed, Soybean 133.33 144.35 152.45 154.12 154.32
1.56 Oilseed, Sunflowerseed 1.87 2.17 2.11 2.04 2.06
143.60 Total 153.79 166.44 174.30 177.41 177.57
none
Exports none
0.11 Oilseed, Copra 0.13 0.14 0.13 0.14 0.14
0.72 Oilseed, Cottonseed 0.71 0.88 0.98 0.91 0.84
0.04 Oilseed, Palm Kernel 0.04 0.08 0.05 0.05 0.05
3.33 Oilseed, Peanut 3.54 3.74 3.68 3.63 3.53
15.11 Oilseed, Rapeseed 14.35 15.80 16.35 17.46 17.46
126.21 Oilseed, Soybean 132.52 147.36 153.12 156.90 157.40
1.66 Oilseed, Sunflowerseed 2.01 2.44 2.51 2.31 2.31
147.17 Total 153.30 170.44 176.82 181.40 181.73
none
Crush none
5.38 Oilseed, Copra 5.30 5.45 5.70 5.78 5.78
33.79 Oilseed, Cottonseed 28.37 29.17 34.03 34.86 34.77
16.51 Oilseed, Palm Kernel 15.88 17.22 18.33 19.10 19.02
16.81 Oilseed, Peanut 16.93 18.39 18.82 18.20 17.90
67.40 Oilseed, Rapeseed 67.82 68.95 69.37 68.72 68.97
264.73 Oilseed, Soybean 274.99 287.21 294.14 308.20 308.20
35.64 Oilseed, Sunflowerseed 36.64 43.07 43.68 45.44 45.41
440.26 Total 445.93 469.47 484.06 500.30 500.05
none
Ending Stocks none
0.10 Oilseed, Copra 0.08 0.07 0.07 0.07 0.07
1.66 Oilseed, Cottonseed 0.89 1.40 1.85 1.49 1.57
0.26 Oilseed, Palm Kernel 0.24 0.24 0.22 0.28 0.21
4.26 Oilseed, Peanut 3.54 3.74 3.88 2.76 2.82
7.55 Oilseed, Rapeseed 6.65 5.33 6.79 6.04 6.20
77.96 Oilseed, Soybean 80.42 96.68 96.65 108.26 110.04
2.90 Oilseed, Sunflowerseed 2.65 3.37 2.71 2.93 2.90
94.69 Total 94.47 110.82 112.17 121.83 123.80
Totals may not add due to rounding
Foreign Agricultural Service/USDA 9 October 2018Office of Global Analysis
Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
1.80 Meal, Copra 1.77 1.81 1.92 1.93 1.93
15.52 Meal, Cottonseed 13.07 13.43 15.72 16.06 16.03
4.69 Meal, Fish 4.51 4.89 4.83 4.71 4.71
8.53 Meal, Palm Kernel 8.21 8.86 9.57 9.92 9.89
6.69 Meal, Peanut 6.72 7.33 7.50 7.24 7.12
38.98 Meal, Rapeseed 39.35 39.79 40.05 39.78 39.92
208.46 Meal, Soybean 215.82 225.38 231.34 242.38 242.38
16.17 Meal, Sunflowerseed 16.50 19.35 19.74 20.52 20.50
300.82 Total 305.93 320.83 330.66 342.53 342.47
none
Imports none
0.67 Meal, Copra 0.56 0.47 0.52 0.53 0.53
0.25 Meal, Cottonseed 0.21 0.24 0.24 0.22 0.22
2.50 Meal, Fish 2.46 3.06 2.64 2.55 2.55
6.83 Meal, Palm Kernel 6.41 7.58 7.62 7.71 7.71
0.03 Meal, Peanut 0.02 0.13 0.06 0.07 0.07
5.99 Meal, Rapeseed 5.70 5.89 6.14 6.11 6.11
60.69 Meal, Soybean 61.86 60.49 60.23 62.15 62.15
5.53 Meal, Sunflowerseed 5.95 6.95 7.19 7.04 7.09
82.49 Total 83.18 84.80 84.62 86.38 86.43
none
Exports none
0.73 Meal, Copra 0.59 0.48 0.61 0.60 0.60
0.32 Meal, Cottonseed 0.25 0.34 0.38 0.37 0.37
2.28 Meal, Fish 2.21 2.53 2.48 2.37 2.37
6.63 Meal, Palm Kernel 6.45 6.73 7.01 7.28 7.28
0.05 Meal, Peanut 0.05 0.16 0.10 0.09 0.09
6.07 Meal, Rapeseed 5.69 6.03 6.04 6.09 6.09
64.40 Meal, Soybean 65.50 64.48 63.87 65.69 65.69
5.87 Meal, Sunflowerseed 6.23 7.44 7.05 7.21 7.21
86.36 Total 86.98 88.18 87.53 89.70 89.70
none
Domestic Consumption none
1.72 Meal, Copra 1.73 1.78 1.81 1.85 1.85
15.46 Meal, Cottonseed 13.18 13.31 15.57 15.93 15.89
4.87 Meal, Fish 4.75 5.43 4.97 4.89 4.89
8.71 Meal, Palm Kernel 8.33 9.67 10.01 10.16 10.16
6.66 Meal, Peanut 6.66 7.33 7.47 7.22 7.09
38.85 Meal, Rapeseed 39.25 39.71 40.32 39.80 40.03
201.56 Meal, Soybean 213.02 221.73 228.57 238.73 238.82
15.58 Meal, Sunflowerseed 16.18 19.12 19.91 20.44 20.47
293.42 Total 303.10 318.07 328.63 339.02 339.21
none
Ending Stocks none
0.13 Meal, Copra 0.13 0.15 0.16 0.19 0.17
0.22 Meal, Cottonseed 0.07 0.09 0.10 0.09 0.09
0.26 Meal, Fish 0.27 0.26 0.28 0.28 0.28
0.58 Meal, Palm Kernel 0.41 0.44 0.61 0.84 0.77
0.03 Meal, Peanut 0.06 0.03 0.03 0.03 0.03
0.98 Meal, Rapeseed 1.10 1.03 0.86 0.70 0.77
14.04 Meal, Soybean 13.20 12.86 11.99 10.74 12.01
1.66 Meal, Sunflowerseed 1.69 1.43 1.40 1.25 1.31
17.89 Total 16.92 16.30 15.42 14.11 15.41
Totals may not add due to rounding
Foreign Agricultural Service/USDA 10 October 2018Office of Global Analysis
Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
3.37 Oil, Coconut 3.32 3.39 3.54 3.60 3.60
5.12 Oil, Cottonseed 4.29 4.42 5.16 5.29 5.28
2.40 Oil, Olive 3.13 2.48 3.27 3.15 3.15
61.75 Oil, Palm 58.89 65.26 69.28 72.76 72.26
7.32 Oil, Palm Kernel 7.00 7.63 8.17 8.41 8.39
5.44 Oil, Peanut 5.48 5.96 6.09 5.89 5.79
27.53 Oil, Rapeseed 27.77 28.17 28.48 28.12 28.22
49.28 Oil, Soybean 51.53 53.68 54.95 57.51 57.54
14.97 Oil, Sunflowerseed 15.38 18.18 18.37 19.11 19.10
177.17 Total 176.78 189.17 197.32 203.83 203.33
none
Imports none
1.82 Oil, Coconut 1.61 1.50 1.54 1.46 1.46
0.07 Oil, Cottonseed 0.05 0.05 0.05 0.05 0.04
0.90 Oil, Olive 0.79 0.79 0.89 0.87 0.87
44.47 Oil, Palm 42.37 45.49 46.19 48.70 48.60
3.06 Oil, Palm Kernel 2.63 2.69 2.70 2.76 2.72
0.25 Oil, Peanut 0.25 0.23 0.23 0.23 0.23
3.95 Oil, Rapeseed 4.13 4.39 4.51 4.69 4.69
10.03 Oil, Soybean 11.64 10.84 9.70 10.59 10.59
6.18 Oil, Sunflowerseed 7.02 8.92 8.34 8.46 8.47
70.73 Total 70.49 74.89 74.13 77.80 77.67
none
Exports none
1.94 Oil, Coconut 1.58 1.89 1.68 1.69 1.69
0.14 Oil, Cottonseed 0.06 0.07 0.09 0.08 0.08
0.99 Oil, Olive 0.87 0.88 1.01 0.99 0.99
47.41 Oil, Palm 43.79 48.92 48.77 51.79 51.79
3.24 Oil, Palm Kernel 3.02 3.08 3.24 3.25 3.25
0.26 Oil, Peanut 0.26 0.27 0.28 0.28 0.28
4.07 Oil, Rapeseed 4.17 4.52 4.63 4.74 4.74
11.12 Oil, Soybean 11.77 11.24 10.35 11.14 11.14
7.38 Oil, Sunflowerseed 8.10 10.41 9.82 9.79 9.79
76.55 Total 73.62 81.28 79.85 83.75 83.75
none
Domestic Consumption none
3.29 Oil, Coconut 3.25 3.10 3.29 3.27 3.27
5.06 Oil, Cottonseed 4.40 4.38 5.09 5.29 5.27
2.65 Oil, Olive 2.81 2.59 2.87 3.05 3.05
57.91 Oil, Palm 59.31 61.58 65.36 68.65 68.80
7.21 Oil, Palm Kernel 6.81 7.16 7.50 7.87 7.83
5.43 Oil, Peanut 5.46 5.82 6.01 5.85 5.79
27.04 Oil, Rapeseed 28.31 29.04 28.92 28.51 28.56
47.73 Oil, Soybean 52.08 53.34 54.53 56.75 56.71
14.11 Oil, Sunflowerseed 15.22 16.57 17.39 17.58 17.56
170.44 Total 177.65 183.57 190.96 196.80 196.83
none
Ending Stocks none
0.29 Oil, Coconut 0.40 0.30 0.42 0.56 0.52
0.22 Oil, Cottonseed 0.10 0.11 0.14 0.12 0.12
0.31 Oil, Olive 0.53 0.34 0.62 0.59 0.60
9.91 Oil, Palm 8.07 8.32 9.66 11.97 9.93
0.86 Oil, Palm Kernel 0.67 0.74 0.88 0.90 0.90
0.24 Oil, Peanut 0.25 0.34 0.37 0.28 0.32
5.91 Oil, Rapeseed 5.34 4.34 3.78 3.32 3.40
4.34 Oil, Soybean 3.66 3.60 3.36 3.61 3.64
2.61 Oil, Sunflowerseed 1.68 1.81 1.31 1.52 1.53
24.69 Total 20.69 19.90 20.54 22.87 20.96
Totals may not add due to rounding
Foreign Agricultural Service/USDA 11 October 2018Office of Global Analysis
Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
116.03 United States 115.88 126.94 131.50 138.44 138.38
100.15 Brazil 99.02 117.59 123.61 124.59 124.59
66.31 Argentina 63.10 60.16 42.52 61.99 61.99
57.66 China 54.45 56.53 60.42 60.80 60.80
32.28 India 29.37 37.05 34.76 36.06 34.86
166.48 Other 162.87 175.76 182.13 182.79 183.33
538.91 Total 524.69 574.02 574.94 604.67 603.95
Imports none
83.15 China 87.93 98.42 99.16 100.25 100.25
17.35 European Union 20.14 19.28 20.49 21.76 21.76
5.73 Mexico 5.82 6.03 6.56 6.67 6.82
5.70 Japan 5.78 5.79 5.96 6.06 6.06
2.01 Egypt 1.37 2.18 3.34 3.37 3.37
2.51 Thailand 2.91 3.18 2.56 3.31 3.31
2.25 Indonesia 2.52 3.00 3.06 3.27 3.27
1.67 Pakistan 2.62 2.76 3.11 3.26 3.26
3.12 Turkey 2.98 3.01 3.30 3.14 3.14
1.38 Iran 2.04 2.15 2.72 2.83 2.83
18.72 Other 19.68 20.65 24.06 23.49 23.50
143.60 Total 153.79 166.44 174.30 177.41 177.57
Exports none
50.85 Brazil 54.65 63.37 76.47 75.28 75.28
51.11 United States 53.97 60.08 59.19 57.20 57.20
13.01 Canada 14.55 15.64 15.74 16.63 17.13
11.56 Argentina 11.21 7.88 2.97 8.87 8.87
4.62 Paraguay 5.41 6.13 6.25 5.91 5.91
4.43 Ukraine 3.89 4.13 4.93 5.50 5.60
2.92 Australia 2.23 3.41 2.96 2.84 2.67
8.67 Other 7.40 9.79 8.31 9.18 9.08
147.17 Total 153.30 170.44 176.82 181.40 181.73
Crush none
112.09 China 117.80 124.52 129.55 133.35 133.35
55.11 United States 55.06 56.26 60.18 60.87 60.85
47.84 European Union 46.74 46.97 48.23 48.43 48.63
43.39 Argentina 46.37 46.73 41.38 46.89 46.89
42.94 Brazil 41.85 42.91 46.81 46.17 46.17
25.15 India 22.70 27.60 26.97 28.03 27.63
13.08 Russia 13.59 15.40 15.80 16.95 16.95
11.45 Ukraine 12.93 15.58 14.80 15.50 15.50
10.25 Indonesia 10.02 10.98 11.58 11.95 11.95
9.06 Canada 10.25 11.05 11.21 11.35 11.35
6.41 Mexico 6.49 6.73 7.34 7.59 7.59
5.96 Pakistan 5.58 5.88 6.46 6.90 6.90
5.56 Malaysia 5.21 5.38 5.64 5.99 5.91
4.30 Turkey 3.68 4.05 4.68 5.00 5.05
4.66 Japan 4.73 4.86 4.83 4.88 4.88
43.02 Other 42.94 44.59 48.64 50.46 50.47
440.26 Total 445.93 469.47 484.06 500.30 500.05
Ending Stocks none
33.42 Argentina 34.86 37.18 34.34 37.14 37.50
6.76 United States 6.87 9.60 13.83 24.80 25.91
19.21 Brazil 18.66 26.57 23.38 22.83 23.03
18.60 China 18.32 21.93 23.66 22.01 22.01
3.85 European Union 4.15 2.73 4.04 3.11 3.80
12.84 Other 11.62 12.81 12.93 11.95 11.56
94.69 Total 94.47 110.82 112.17 121.83 123.80
Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
Foreign Agricultural Service/USDA 12 October 2018Office of Global Analysis
Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
78.57 China 83.55 88.77 91.77 94.74 94.74
43.21 United States 42.78 43.11 47.01 46.94 46.92
32.48 Brazil 31.74 32.46 35.32 34.74 34.74
32.29 Argentina 34.51 34.72 29.90 34.71 34.71
30.63 European Union 30.16 30.17 30.99 31.45 31.57
83.65 Other 83.19 91.61 95.67 99.95 99.79
300.82 Total 305.93 320.83 330.66 342.53 342.47
Imports none
25.82 European Union 25.40 24.97 24.40 24.75 24.75
4.97 Vietnam 5.71 5.67 5.49 5.70 5.70
4.04 Indonesia 4.30 4.35 4.49 4.70 4.70
3.87 United States 4.08 3.92 3.78 3.79 3.79
3.65 Thailand 2.98 3.32 3.71 3.41 3.41
3.42 Korea, South 3.39 3.03 3.17 3.22 3.22
2.31 Japan 2.60 2.93 3.03 3.13 3.13
34.39 Other 34.72 36.60 36.54 37.67 37.72
82.49 Total 83.18 84.80 84.62 86.38 86.43
Exports none
29.19 Argentina 31.09 32.13 26.13 30.70 30.70
14.29 Brazil 15.41 13.76 16.07 15.00 15.00
12.14 United States 11.18 10.83 13.82 12.62 12.62
3.74 Ukraine 4.35 5.19 4.78 5.07 5.07
3.86 Canada 4.44 4.98 4.90 5.06 5.06
4.28 Indonesia 4.12 4.51 4.79 4.89 4.89
2.59 Paraguay 2.56 2.41 2.43 2.58 2.58
16.27 Other 13.84 14.38 14.60 13.78 13.78
86.36 Total 86.98 88.18 87.53 89.70 89.70
Domestic Consumption none
78.73 China 83.33 90.79 94.02 96.66 96.66
54.24 European Union 54.30 54.60 54.32 55.18 55.28
34.94 United States 35.69 36.08 36.96 38.10 38.09
16.88 Brazil 17.46 18.12 19.02 19.77 19.77
12.16 India 12.88 13.70 14.46 14.87 14.98
5.32 Russia 5.87 6.62 7.24 7.90 7.90
6.37 Mexico 6.97 7.06 7.27 7.52 7.52
5.85 Vietnam 6.47 6.84 7.07 7.29 7.29
5.54 Japan 5.87 6.29 6.41 6.49 6.49
4.90 Indonesia 5.15 5.31 5.47 5.64 5.64
68.48 Other 69.11 72.67 76.41 79.61 79.60
293.42 Total 303.10 318.07 328.63 339.02 339.21
SME none
73.80 China 78.55 86.01 88.61 91.15 91.15
46.36 European Union 46.60 46.68 46.43 47.40 47.48
33.56 United States 34.28 34.65 35.62 36.71 36.70
16.64 Brazil 17.26 17.88 18.71 19.44 19.44
10.62 India 11.00 11.74 12.37 12.74 12.80
5.97 Mexico 6.57 6.66 6.86 7.10 7.10
5.63 Vietnam 6.23 6.55 6.79 7.01 7.01
75.15 Other 77.01 80.36 84.25 88.11 88.10
267.72 Total 277.51 290.53 299.65 309.66 309.77
Ending Stocks none
3.82 Brazil 2.72 3.33 3.58 2.81 3.58
4.26 Argentina 4.34 3.39 3.42 2.86 3.46
0.54 Indonesia 0.57 0.55 0.60 0.77 0.77
1.76 European Union 1.83 1.05 0.68 0.68 0.65
0.58 Ukraine 0.58 0.59 0.69 0.64 0.64
6.93 Other 6.88 7.39 6.46 6.35 6.31
17.89 Total 16.92 16.30 15.42 14.11 15.41
Major Protein Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
Foreign Agricultural Service/USDA 13 October 2018Office of Global Analysis
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
37.78 Indonesia 36.68 41.10 43.83 45.97 45.97
25.04 China 26.27 27.45 28.51 29.24 29.24
22.27 Malaysia 19.85 21.13 22.13 23.51 23.00
18.08 European Union 18.42 18.07 18.90 18.66 18.74
10.94 United States 11.21 11.43 12.13 12.28 12.26
8.97 Argentina 9.69 9.82 8.92 9.97 10.00
8.65 Brazil 8.46 8.73 9.49 9.38 9.38
45.45 Other 46.20 51.44 53.42 54.83 54.75
177.17 Total 176.78 189.17 197.32 203.83 203.33
Imports none
14.14 India 15.11 15.43 15.31 16.51 16.51
9.88 European Union 9.97 10.91 9.94 9.94 9.94
8.63 China 7.77 8.00 8.17 8.87 8.87
4.23 United States 4.53 4.73 4.89 5.12 4.99
2.98 Pakistan 2.91 3.28 3.19 3.35 3.35
1.79 Bangladesh 2.15 2.15 2.28 2.43 2.43
2.25 Egypt 2.04 2.16 1.96 2.03 2.03
0.87 Philippines 1.05 1.30 1.21 1.31 1.31
1.53 Turkey 1.41 1.50 1.25 1.30 1.30
1.14 Iran 0.99 1.28 1.09 1.19 1.19
23.30 Other 22.55 24.15 24.84 25.75 25.76
70.73 Total 70.49 74.89 74.13 77.80 77.67
Exports none
28.51 Indonesia 25.19 29.86 29.32 30.82 30.82
18.87 Malaysia 17.90 17.47 17.69 19.10 19.10
5.72 Argentina 6.41 6.28 5.02 5.96 5.96
4.12 Ukraine 4.81 6.11 5.60 5.83 5.83
2.54 Canada 2.93 3.32 3.32 3.36 3.36
2.23 Russia 2.23 2.98 3.20 3.13 3.13
2.48 European Union 2.48 2.42 2.46 2.57 2.57
12.08 Other 11.66 12.84 13.24 13.00 12.99
76.55 Total 73.62 81.28 79.85 83.75 83.75
Domestic Consumption none
33.66 China 34.88 36.10 37.19 38.21 38.21
25.81 European Union 26.06 26.39 26.27 26.04 26.09
19.88 India 21.02 22.06 22.56 23.18 23.10
13.68 United States 14.57 14.72 15.46 16.15 16.04
9.60 Indonesia 11.75 11.95 13.48 14.26 14.51
7.47 Brazil 7.50 7.88 8.40 8.52 8.59
4.57 Malaysia 4.54 4.31 4.81 5.19 5.19
4.15 Pakistan 4.25 4.45 4.52 4.71 4.71
3.11 Argentina 3.56 3.71 3.94 4.17 4.02
3.24 Russia 3.31 3.40 3.48 3.60 3.59
2.49 Thailand 2.44 2.70 2.98 3.11 3.11
2.56 Mexico 2.65 2.72 2.82 2.90 2.90
2.08 Bangladesh 2.37 2.49 2.64 2.80 2.80
2.48 Egypt 2.47 2.50 2.55 2.62 2.62
2.36 Japan 2.36 2.42 2.49 2.56 2.56
33.33 Other 33.92 35.79 37.37 38.79 38.79
170.44 Total 177.65 183.57 190.96 196.80 196.83
Ending Stocks none
2.72 Indonesia 2.50 1.84 2.91 5.10 3.59
2.96 Malaysia 1.73 2.17 3.05 3.34 2.95
5.20 China 4.25 3.44 2.74 2.44 2.44
1.86 European Union 1.70 1.86 1.97 1.98 1.99
1.93 India 1.74 2.02 1.48 1.72 1.63
10.03 Other 8.78 8.57 8.40 8.29 8.38
24.69 Total 20.69 19.90 20.54 22.87 20.96
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
Foreign Agricultural Service/USDA 14 October 2018Office of Global Analysis
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
106,878 United States 106,857 116,920 120,039 127,726 127,631
97,200 Brazil 96,500 114,600 119,800 120,500 120,500
61,450 Argentina 58,800 55,000 37,800 57,000 57,000
12,154 China 11,785 12,900 14,200 15,000 15,000
8,711 India 6,929 10,992 8,350 10,500 10,350
8,154 Paraguay 9,217 10,336 9,810 9,800 9,800
6,045 Canada 6,456 6,597 7,717 7,000 7,500
19,365 Other 19,033 20,776 19,736 21,791 21,698
319,957 Total 315,577 348,121 337,452 369,317 369,479
Imports none
78,350 China 83,230 93,495 94,000 94,000 94,000
13,914 European Union 15,120 13,422 15,000 15,800 15,800
3,819 Mexico 4,126 4,126 4,600 4,750 4,900
1,947 Egypt 1,300 2,115 3,250 3,300 3,300
3,004 Japan 3,186 3,175 3,250 3,300 3,300
2,411 Thailand 2,798 3,077 2,450 3,200 3,200
2,006 Indonesia 2,274 2,649 2,700 2,900 2,900
1,311 Iran 1,864 1,914 2,500 2,600 2,600
2,197 Turkey 2,283 2,271 2,600 2,600 2,600
2,520 Taiwan 2,476 2,566 2,550 2,580 2,580
12,882 Other 14,674 15,543 19,550 19,089 19,139
124,361 Total 133,331 144,353 152,450 154,119 154,319
Exports none
50,612 Brazil 54,383 63,137 76,193 75,000 75,000
50,136 United States 52,870 58,960 57,945 56,064 56,064
10,575 Argentina 9,922 7,026 2,100 8,000 8,000
4,576 Paraguay 5,400 6,129 6,250 5,900 5,900
3,763 Canada 4,236 4,592 4,928 5,000 5,500
6,548 Other 5,705 7,512 5,708 6,939 6,939
126,210 Total 132,516 147,356 153,124 156,903 157,403
Crush none
74,500 China 81,500 88,000 90,000 93,500 93,500
50,975 United States 51,335 51,742 55,926 56,336 56,336
40,235 Argentina 43,267 43,309 37,500 43,000 43,000
40,435 Brazil 39,747 40,411 43,600 42,700 42,700
14,450 European Union 14,950 14,400 15,000 16,600 16,600
7,700 India 5,500 9,000 7,600 9,000 9,000
4,175 Mexico 4,400 4,600 5,000 5,200 5,200
3,600 Russia 4,000 4,400 4,600 5,100 5,100
3,700 Paraguay 3,800 3,750 3,700 3,950 3,950
1,950 Egypt 1,150 2,200 3,200 3,300 3,300
1,450 Iran 1,950 2,050 2,650 2,750 2,750
500 Pakistan 1,250 1,680 2,300 2,400 2,400
2,450 Bolivia 2,550 2,050 2,550 2,350 2,350
2,150 Japan 2,283 2,392 2,350 2,350 2,350
1,980 Taiwan 1,980 2,045 2,080 2,100 2,100
14,476 Other 15,326 15,181 16,083 17,565 17,565
264,726 Total 274,988 287,210 294,139 308,201 308,201
Ending Stocks none
31,750 Argentina 33,650 35,464 32,970 35,970 36,270
5,188 United States 5,354 8,208 11,923 22,998 24,088
19,078 Brazil 18,558 26,462 23,200 22,650 22,850
17,009 China 16,910 20,391 22,456 20,756 20,756
843 European Union 1,559 1,131 1,873 1,423 1,823
4,095 Other 4,392 5,020 4,232 4,467 4,257
77,963 Total 80,423 96,676 96,654 108,264 110,044
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.
Foreign Agricultural Service/USDA 15 October 2018Office of Global Analysis
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
59,004 China 64,548 69,696 71,280 74,052 74,052
40,880 United States 40,525 40,630 44,633 44,407 44,407
31,300 Brazil 30,750 31,280 33,800 33,100 33,100
30,928 Argentina 33,211 33,280 28,250 33,050 33,050
11,416 European Union 11,811 11,376 11,850 13,114 13,114
6,160 India 4,400 7,200 6,080 7,200 7,200
3,300 Mexico 3,480 3,635 3,950 4,108 4,108
25,468 Other 27,090 28,286 31,499 33,348 33,348
208,456 Total 215,815 225,383 231,342 242,379 242,379
Imports none
19,623 European Union 19,207 18,869 18,400 18,500 18,500
4,311 Vietnam 5,094 4,945 4,800 5,000 5,000
3,902 Indonesia 4,203 4,255 4,400 4,600 4,600
2,204 Philippines 2,618 2,662 2,750 2,850 2,850
3,068 Thailand 2,433 2,782 3,150 2,850 2,850
1,795 Mexico 2,367 1,991 2,000 2,070 2,070
1,751 Korea, South 2,118 1,764 1,850 1,870 1,870
1,699 Japan 1,721 1,621 1,650 1,650 1,650
1,148 Colombia 1,206 1,284 1,425 1,500 1,500
1,465 Malaysia 1,291 1,427 1,525 1,500 1,500
19,719 Other 19,601 18,887 18,276 19,761 19,761
60,685 Total 61,859 60,487 60,226 62,151 62,151
Exports none
28,575 Argentina 30,333 31,323 25,250 29,800 29,800
14,290 Brazil 15,407 13,762 16,074 15,000 15,000
11,891 United States 10,844 10,505 13,517 12,247 12,247
2,569 Paraguay 2,552 2,407 2,430 2,580 2,580
1,674 Bolivia 1,726 1,264 1,690 1,550 1,550
5,405 Other 4,640 5,214 4,905 4,509 4,509
64,404 Total 65,502 64,475 63,866 65,686 65,686
Domestic Consumption none
57,467 China 62,663 68,646 70,410 73,182 73,182
29,282 United States 30,044 30,318 31,570 32,478 32,478
30,142 European Union 30,742 30,292 30,042 31,342 31,342
15,700 Brazil 16,470 16,943 17,500 18,130 18,130
4,750 Vietnam 5,470 5,740 5,990 6,170 6,170
5,050 Mexico 5,700 5,770 5,930 6,150 6,150
4,500 India 4,460 4,750 4,970 5,620 5,740
4,000 Indonesia 4,200 4,264 4,450 4,600 4,600
4,100 Thailand 4,230 4,232 4,250 4,350 4,350
2,700 Russia 3,100 3,250 3,600 4,000 4,000
2,650 Egypt 2,850 2,980 3,150 3,425 3,425
3,365 Japan 3,458 3,420 3,463 3,420 3,420
3,000 Iran 3,080 3,180 3,275 3,380 3,380
2,402 Argentina 2,672 2,853 3,000 3,215 3,185
2,400 Philippines 2,600 2,720 2,850 2,950 2,950
30,053 Other 31,280 32,370 34,124 36,321 36,321
201,561 Total 213,019 221,728 228,574 238,733 238,823
Ending Stocks none
3,812 Brazil 2,710 3,320 3,576 2,800 3,576
4,025 Argentina 4,231 3,335 3,335 2,800 3,400
236 United States 239 363 363 363 363
553 India 130 583 208 293 283
270 Vietnam 550 493 314 253 253
5,146 Other 5,335 4,768 4,194 4,226 4,136
14,042 Total 13,195 12,862 11,990 10,735 12,011
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.
Foreign Agricultural Service/USDA 16 October 2018Office of Global Analysis
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
13,347 China 14,605 15,770 16,128 16,755 16,755
9,706 United States 9,956 10,035 10,793 10,845 10,845
7,687 Argentina 8,433 8,395 7,310 8,360 8,390
7,759 Brazil 7,627 7,755 8,370 8,195 8,195
2,746 European Union 2,841 2,736 2,850 3,154 3,154
1,386 India 990 1,620 1,368 1,620 1,620
745 Mexico 785 820 892 930 930
5,905 Other 6,289 6,553 7,238 7,653 7,653
49,281 Total 51,526 53,684 54,949 57,512 57,542
Imports none
2,815 India 4,269 3,534 3,000 3,400 3,400
508 Bangladesh 639 830 780 780 780
631 Algeria 732 667 720 760 760
773 China 586 711 450 700 700
432 Morocco 465 497 500 515 515
395 Peru 382 449 400 435 435
304 Colombia 372 352 355 375 375
257 Korea, South 250 306 285 300 300
480 Egypt 674 246 245 250 250
421 Iran 299 257 200 250 250
3,018 Other 2,970 2,991 2,760 2,820 2,820
10,034 Total 11,638 10,840 9,695 10,585 10,585
Exports none
5,094 Argentina 5,698 5,387 4,130 5,100 5,100
1,510 Brazil 1,550 1,241 1,520 1,275 1,275
1,010 European Union 915 831 900 1,000 1,000
914 United States 1,017 1,159 1,111 998 998
699 Paraguay 709 680 670 710 710
423 Russia 431 529 535 600 600
392 Bolivia 444 236 380 340 340
1,073 Other 1,005 1,181 1,106 1,113 1,113
11,115 Total 11,769 11,244 10,352 11,136 11,136
Domestic Consumption none
14,200 China 15,350 16,350 16,550 17,300 17,300
8,600 United States 9,145 9,010 9,616 9,979 10,024
6,215 Brazil 6,290 6,570 6,935 6,965 7,035
4,100 India 5,250 5,200 4,600 4,800 4,800
2,401 Argentina 2,840 2,985 3,205 3,418 3,268
2,040 European Union 2,285 2,205 2,225 2,255 2,255
961 Mexico 1,020 1,050 1,080 1,160 1,160
668 Bangladesh 785 1,005 990 1,000 1,000
752 Egypt 960 610 760 810 810
640 Algeria 700 710 710 750 750
660 Iran 680 700 710 720 720
242 Pakistan 415 470 490 525 525
450 Morocco 480 470 495 515 515
435 Korea, South 440 450 470 495 495
385 Colombia 425 440 450 460 460
4,977 Other 5,015 5,116 5,243 5,594 5,594
47,726 Total 52,080 53,341 54,529 56,746 56,711
Ending Stocks none
841 United States 765 776 1,001 982 960
778 China 523 536 429 459 459
471 India 477 430 196 461 411
365 Argentina 260 283 258 210 280
198 European Union 164 149 154 274 253
1,689 Other 1,468 1,422 1,321 1,223 1,276
4,342 Total 3,657 3,596 3,359 3,609 3,639
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.
Foreign Agricultural Service/USDA 17 October 2018Office of Global Analysis
Table 10: Soybeans and Products: World Trade
Thousand Metric Tons
Marketing Year
Meal, Soybean Oil, Soybean Oilseed, Soybean
2018/192017/182016/172018/192017/182016/172018/192017/182016/17
Exports
North America 10,809 13,888 12,612 1,358 1,272 1,152 63,552 62,873 61,564
Canada (Aug-Jul) 291 357 350 175 157 150 4,592 4,928 5,500
United States (Oct-Sep) 10,505 13,517 12,247 1,159 1,111 998 58,960 57,945 56,064
South America 48,766 45,455 48,940 7,555 6,712 7,437 79,537 85,810 91,343
Argentina (Oct-Sep) 31,323 25,250 29,800 5,387 4,130 5,100 7,026 2,100 8,000
Brazil (Oct-Sep) 13,762 16,074 15,000 1,241 1,520 1,275 63,137 76,193 75,000
Paraguay (Jan-Dec) 2,407 2,430 2,580 680 670 710 6,129 6,250 5,900
South Asia 2,021 1,507 1,408 1 2 5 269 250 200
India (Oct-Sep) 2,008 1,500 1,400 1 2 5 269 250 200
Other 2,879 3,016 2,726 2,330 2,366 2,542 3,998 4,191 4,296
World Total 64,475 63,866 65,686 11,244 10,352 11,136 147,356 153,124 157,403
Imports
European Union (Oct-Sep) 18,869 18,400 18,500 285 280 200 13,422 15,000 15,800
East Asia 3,502 3,698 3,627 1,145 857 1,133 100,525 101,132 101,282
China (Oct-Sep) 61 130 30 711 450 700 93,495 94,000 94,000
Japan (Oct-Sep) 1,621 1,650 1,650 5 5 5 3,175 3,250 3,300
Korea, South (Oct-Sep) 1,764 1,850 1,870 306 285 300 1,286 1,330 1,400
Taiwan (Oct-Sep) 33 38 42 0 0 0 2,566 2,550 2,580
Southeast Asia 16,097 16,651 16,826 273 258 288 8,408 8,070 9,391
Indonesia (Oct-Sep) 4,255 4,400 4,600 23 23 23 2,649 2,700 2,900
Malaysia (Oct-Sep) 1,427 1,525 1,500 138 120 120 768 850 880
Philippines (Jan-Dec) 2,662 2,750 2,850 56 45 47 248 200 240
Thailand (Sep-Aug) 2,782 3,150 2,850 8 0 8 3,077 2,450 3,200
Vietnam (Jan-Dec) 4,945 4,800 5,000 30 50 70 1,646 1,850 2,150
North America 3,129 3,477 3,368 423 355 391 5,218 5,681 6,160
Canada (Aug-Jul) 821 1,023 980 23 21 25 486 487 580
Mexico (Sep-Aug) 1,991 2,000 2,070 255 175 230 4,126 4,600 4,900
South America 4,878 5,140 5,431 1,251 1,188 1,279 3,096 5,291 3,740
Brazil (Oct-Sep) 35 30 30 60 60 60 252 185 350
Colombia (Oct-Sep) 1,284 1,425 1,500 352 355 375 561 550 575
Central America 1,165 1,204 1,258 177 166 170 341 354 373
Caribbean 1,007 1,052 1,098 344 320 331 147 148 153
Middle East 4,950 3,980 4,795 345 318 365 5,232 6,265 6,420
Iran (Oct-Sep) 1,507 1,050 1,250 257 200 250 1,914 2,500 2,600
Israel (Oct-Sep) 154 165 200 10 10 10 374 425 430
Syria (Jan-Dec) 20 25 35 0 1 1 3 15 15
Turkey (Oct-Sep) 790 500 700 0 0 0 2,271 2,600 2,600
North Africa 3,135 2,750 3,060 1,560 1,585 1,655 2,653 3,970 4,105
Egypt (Oct-Sep) 1,053 600 825 246 245 250 2,115 3,250 3,300
Other 3,755 3,874 4,188 5,037 4,368 4,773 5,311 6,539 6,895
World Total 60,487 60,226 62,151 10,840 9,695 10,585 144,353 152,450 154,319
Foreign Agricultural Service/USDA 18 October 2018Office of Global Analysis
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
Production none
33,000 Indonesia 32,000 36,000 38,500 40,500 40,500
19,879 Malaysia 17,700 18,858 19,683 21,000 20,500
2,068 Thailand 1,804 2,500 2,700 2,900 2,900
1,110 Colombia 1,275 1,147 1,628 1,530 1,530
910 Nigeria 970 970 970 970 970
4,783 Other 5,141 5,780 5,801 5,859 5,859
61,750 Total 58,890 65,255 69,282 72,759 72,259
Imports none
9,139 India 8,860 9,341 9,500 10,600 10,600
6,935 European Union 6,636 7,224 6,500 6,500 6,500
5,696 China 4,689 4,881 5,100 5,400 5,400
2,826 Pakistan 2,720 3,075 3,100 3,250 3,250
1,280 Bangladesh 1,511 1,314 1,500 1,650 1,650
1,143 United States 1,307 1,367 1,580 1,600 1,500
1,489 Egypt 1,038 1,323 1,250 1,300 1,300
792 Philippines 941 1,165 1,100 1,200 1,200
854 Russia 933 849 960 950 950
715 Vietnam 727 792 820 840 840
13,602 Other 13,008 14,163 14,777 15,408 15,408
44,471 Total 42,370 45,494 46,187 48,698 48,598
Exports none
25,964 Indonesia 22,906 27,633 27,000 28,500 28,500
17,403 Malaysia 16,667 16,313 16,469 17,900 17,900
453 Guatemala 614 718 710 712 712
316 Colombia 420 502 700 700 700
607 Papua New Guinea 575 663 635 640 640
2,671 Other 2,606 3,090 3,253 3,335 3,335
47,414 Total 43,788 48,919 48,767 51,787 51,787
Domestic Consumption none
7,220 Indonesia 9,270 9,160 10,490 11,055 11,310
9,150 India 9,100 9,550 9,800 10,820 10,820
6,900 European Union 6,600 6,800 6,550 6,450 6,450
5,700 China 4,800 4,830 5,050 5,400 5,400
2,946 Malaysia 3,000 2,699 3,120 3,449 3,450
2,738 Pakistan 2,795 2,995 3,145 3,245 3,245
1,925 Thailand 1,835 2,106 2,440 2,440 2,440
1,275 Bangladesh 1,411 1,314 1,470 1,625 1,625
1,092 United States 1,269 1,355 1,562 1,580 1,480
811 Philippines 930 1,250 1,250 1,320 1,320
1,350 Egypt 1,100 1,300 1,280 1,300 1,300
1,410 Nigeria 1,320 1,240 1,260 1,290 1,290
943 Colombia 940 952 1,018 1,028 1,028
810 Russia 850 850 910 920 920
674 Vietnam 755 806 827 837 837
12,967 Other 13,334 14,372 15,191 15,886 15,886
57,911 Total 59,309 61,579 65,363 68,645 68,801
Ending Stocks none
2,434 Indonesia 2,258 1,470 2,480 4,680 3,170
2,611 Malaysia 1,460 1,904 2,748 3,000 2,598
539 India 499 490 390 470 370
456 European Union 344 630 440 350 350
382 Pakistan 307 387 342 347 347
3,485 Other 3,202 3,440 3,260 3,119 3,094
9,907 Total 8,070 8,321 9,660 11,966 9,929
Foreign Agricultural Service/USDA 19 October 2018Office of Global Analysis
Table 12: Rapeseed and Products: World Supply and Distribution
Thousand Metric Tons
Marketing Year
Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed
2018/192017/182016/172018/192017/182016/172018/192017/182016/17
Production
China (Oct-Sep) 10,771 11,128 11,247 7,059 7,293 7,371 14,546 14,400 13,950
India (Oct-Sep) 3,403 3,224 3,254 2,166 2,052 2,071 6,620 6,450 6,500
Canada (Aug-Jul) 5,150 5,149 5,285 4,017 4,143 4,110 19,599 21,328 21,100
Japan (Oct-Sep) 1,355 1,360 1,390 1,061 1,075 1,095 4 4 4
European Union (Jul-Jun) 13,908 13,851 13,110 10,199 10,157 9,614 20,538 22,145 19,500
Other 5,206 5,333 5,634 3,667 3,763 3,958 9,547 10,827 11,073
World Total 39,793 40,045 39,920 28,169 28,483 28,219 70,854 75,154 72,127
Imports
China (Oct-Sep) 875 1,250 1,000 802 1,000 1,000 4,260 4,600 5,600
India (Oct-Sep) 0 0 0 317 300 300 0 0 0
Canada (Aug-Jul) 25 17 18 54 14 20 94 107 100
Japan (Oct-Sep) 8 7 7 15 18 10 2,392 2,450 2,500
European Union (Jul-Jun) 219 242 300 153 158 150 4,224 4,005 4,400
Other 4,762 4,621 4,781 3,046 3,017 3,211 4,688 4,267 4,245
World Total 5,889 6,137 6,106 4,387 4,507 4,691 15,658 15,429 16,845
Exports
China (Oct-Sep) 12 15 15 18 20 20 0 0 0
India (Oct-Sep) 414 550 450 3 3 3 0 0 0
Canada (Aug-Jul) 4,681 4,535 4,700 3,133 3,151 3,200 11,022 10,789 11,600
Japan (Oct-Sep) 7 5 5 1 1 1 0 0 0
European Union (Jul-Jun) 511 458 300 342 271 250 319 131 130
Other 408 475 623 1,025 1,179 1,261 4,458 5,430 5,730
World Total 6,033 6,038 6,093 4,522 4,625 4,735 15,799 16,350 17,460
Domestic Consumption
China (Oct-Sep) 11,634 12,363 12,232 8,700 8,900 8,650 18,700 19,300 19,500
India (Oct-Sep) 2,750 2,800 2,900 2,475 2,380 2,380 6,650 6,400 6,500
Canada (Aug-Jul) 539 614 615 956 965 985 9,420 9,597 9,591
Japan (Oct-Sep) 1,377 1,372 1,400 1,078 1,081 1,102 2,442 2,455 2,505
European Union (Jul-Jun) 13,850 13,700 13,100 10,100 10,000 9,550 25,400 25,350 24,000
Other 9,562 9,470 9,778 5,729 5,595 5,891 9,424 9,663 10,014
World Total 39,712 40,319 40,025 29,038 28,921 28,558 72,036 72,765 72,110
Ending Stocks
China (Oct-Sep) 0 0 0 2,676 2,049 1,750 1,346 1,046 1,096
India (Oct-Sep) 484 358 262 302 271 259 439 489 489
Canada (Aug-Jul) 52 69 57 473 514 459 1,342 2,391 2,400
Japan (Oct-Sep) 59 49 41 27 38 40 21 20 19
European Union (Jul-Jun) 274 209 219 435 479 443 928 1,597 1,367
Other 163 172 186 426 432 449 1,249 1,250 824
World Total 1,032 857 765 4,339 3,783 3,400 5,325 6,793 6,195
Foreign Agricultural Service/USDA 20 October 2018Office of Global Analysis
Table 13: Sunflowerseed and Products: World Supply and Distribution
Thousand Metric Tons
Marketing Year
Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed
2018/192017/182016/172018/192017/182016/172018/192017/182016/17
Production
Argentina (Sep-Aug) 3,547 3,538 3,500 1,270 1,452 1,452 1,288 1,465 1,465
Russia (Sep-Aug) 10,858 10,362 11,000 4,146 4,105 4,269 4,171 4,130 4,295
Turkey (Sep-Aug) 1,320 1,550 1,800 963 1,100 1,155 761 890 935
Ukraine (Sep-Aug) 15,200 13,700 15,000 6,030 5,658 5,989 6,351 5,891 6,235
European Union (Oct-Sep) 8,598 9,679 9,600 4,266 4,644 4,698 3,338 3,634 3,676
Other 8,485 8,577 8,856 2,674 2,783 2,941 2,271 2,362 2,491
World Total 48,008 47,406 49,756 19,349 19,742 20,504 18,180 18,372 19,097
Imports
Argentina (Sep-Aug) 0 0 0 0 0 0 0 0 0
Russia (Sep-Aug) 107 50 50 11 40 20 18 30 20
Turkey (Sep-Aug) 591 650 500 958 935 930 793 515 500
Ukraine (Sep-Aug) 24 33 20 1 7 0 0 2 2
European Union (Oct-Sep) 697 505 550 3,708 3,600 3,800 1,834 1,500 1,650
Other 754 870 936 2,267 2,605 2,338 6,279 6,289 6,300
World Total 2,173 2,108 2,056 6,945 7,187 7,088 8,924 8,336 8,472
Exports
Argentina (Sep-Aug) 75 75 75 789 825 850 770 765 735
Russia (Sep-Aug) 368 95 100 1,300 1,200 1,200 2,178 2,300 2,100
Turkey (Sep-Aug) 47 60 60 4 5 5 635 390 370
Ukraine (Sep-Aug) 191 45 100 4,807 4,350 4,600 5,851 5,350 5,600
European Union (Oct-Sep) 353 625 350 275 400 300 459 500 490
Other 1,406 1,608 1,626 263 274 259 513 511 497
World Total 2,440 2,508 2,311 7,438 7,054 7,214 10,406 9,816 9,792
Domestic Consumption
Argentina (Sep-Aug) 3,130 3,560 3,556 540 600 620 707 712 727
Russia (Sep-Aug) 10,580 10,460 10,860 2,850 2,950 3,150 2,055 2,010 2,115
Turkey (Sep-Aug) 1,862 2,122 2,232 1,850 2,050 2,070 980 1,020 1,030
Ukraine (Sep-Aug) 14,780 13,890 14,700 1,300 1,270 1,375 580 585 590
European Union (Oct-Sep) 8,990 9,690 9,790 7,860 7,960 8,210 4,610 4,590 4,790
Other 7,688 7,937 8,179 4,721 5,077 5,043 7,633 8,474 8,308
World Total 47,030 47,659 49,317 19,121 19,907 20,468 16,565 17,391 17,560
Ending Stocks
Argentina (Sep-Aug) 1,238 1,141 1,010 45 72 54 26 14 17
Russia (Sep-Aug) 344 201 291 352 347 286 234 84 184
Turkey (Sep-Aug) 49 67 75 150 130 140 31 26 61
Ukraine (Sep-Aug) 421 219 439 434 479 493 125 83 130
European Union (Oct-Sep) 600 469 479 328 212 200 261 305 351
Other 713 615 602 120 157 134 1,136 802 788
World Total 3,365 2,712 2,896 1,429 1,397 1,307 1,813 1,314 1,531
Foreign Agricultural Service/USDA 21 October 2018Office of Global Analysis
Table 14: Minor Vegetable Oils: World Supply and Distribution
Thousand Metric Tons
Marketing Year
Oil, Peanut Oil, Cottonseed Oil, Olive
2018/192017/182016/172018/192017/182016/172018/192017/182016/17
Production
China (Oct-Sep) 2,896 3,040 2,992 1,115 1,382 1,395 5 5 5
India (Oct-Sep) 1,254 1,254 990 1,166 1,325 1,310 nr nr nr
Turkey (Nov-Oct) 7 7 7 187 232 268 177 280 250
United States (Aug-Jul) 129 105 117 246 256 267 15 16 16
European Union (Oct-Sep) 13 13 13 35 44 44 1,745 2,200 2,240
Other 1,659 1,675 1,673 1,671 1,923 2,000 540 767 636
World Total 5,958 6,094 5,792 4,420 5,162 5,284 2,482 3,268 3,147
Imports
China (Oct-Sep) 111 110 110 0 0 0 44 46 48
India (Oct-Sep) 0 0 0 0 0 0 nr nr nr
Turkey (Nov-Oct) 0 0 0 0 0 0 0 0 0
United States (Aug-Jul) 18 32 27 0 1 1 316 322 330
European Union (Oct-Sep) 73 60 70 1 1 1 110 190 150
Other 24 23 23 45 44 42 318 328 346
World Total 226 225 230 46 46 44 788 886 874
Exports
China (Oct-Sep) 8 8 8 2 5 5 0 0 0
India (Oct-Sep) 13 15 13 0 0 0 nr nr nr
Turkey (Nov-Oct) 0 0 0 1 2 2 48 75 90
United States (Aug-Jul) 5 5 5 47 50 45 12 12 10
European Union (Oct-Sep) 4 5 5 0 0 0 627 630 670
Other 235 249 249 23 32 32 193 288 221
World Total 265 282 280 73 89 84 880 1,005 991
Domestic Consumption
China (Oct-Sep) 2,999 3,142 3,094 1,113 1,377 1,390 49 51 53
India (Oct-Sep) 1,160 1,210 1,010 1,165 1,320 1,320 nr nr nr
Turkey (Nov-Oct) 7 7 7 185 234 261 145 160 165
United States (Aug-Jul) 139 133 139 198 204 223 319 326 336
European Union (Oct-Sep) 80 67 77 36 45 45 1,370 1,570 1,720
Other 1,439 1,453 1,461 1,687 1,909 2,030 702 758 774
World Total 5,824 6,012 5,788 4,384 5,089 5,269 2,585 2,865 3,048
Ending Stocks
China (Oct-Sep) 0 0 0 0 0 0 0 0 0
India (Oct-Sep) 237 266 233 39 44 34 nr nr nr
Turkey (Nov-Oct) 0 0 0 5 1 6 23 68 63
United States (Aug-Jul) 12 11 11 20 23 23 0 0 0
European Union (Oct-Sep) 5 6 7 0 0 0 173 363 363
Other 88 84 70 47 73 53 141 190 177
World Total 342 367 321 111 141 116 337 621 603
Foreign Agricultural Service/USDA 22 October 2018Office of Global Analysis
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
393.92 31.7175.60528.8675.4159.53220.64 2005/06 386.90 66.35
405.56 31.4882.89552.7580.8366.35223.39 2006/07 394.49 75.37
391.19 31.7091.76557.0190.4575.37219.53 2007/08 402.41 62.84
398.71 33.6094.15556.1094.5562.84230.41 2008/09 404.67 57.27
447.19 34.79107.61607.06102.6057.27235.76 2009/10 425.25 74.20
460.85 36.32108.32640.08105.0374.20245.60 2010/11 446.84 84.92
447.27 36.47110.98645.34113.1584.92248.93 2011/12 466.83 67.52
475.67 36.66118.12657.97114.7867.52256.69 2012/13 470.61 69.24
504.96 37.62133.77707.76133.5669.24260.94 2013/14 494.55 79.45
538.91 38.82147.17761.95143.6079.45267.08 2014/15 520.09 94.69
524.69 39.83153.30773.17153.7994.69264.80 2015/16 525.41 94.47
574.02 41.83170.44834.93166.4494.47266.93 2016/17 553.68 110.82
574.94 43.38176.82860.05174.30110.82277.59 2017/18 571.06 112.17
603.95 44.20181.73893.69177.57112.17283.88 2018/19 588.15 123.80
Major Protein Meals
217.20 0.2867.35291.1065.688.21nr 2005/06 214.86 8.89
224.21 0.2869.25300.4067.308.89nr 2006/07 220.84 10.32
231.64 0.2972.93312.3970.4310.32nr 2007/08 229.08 10.38
229.93 0.3270.15308.7568.4410.38nr 2008/09 230.05 8.55
244.39 0.4072.70323.3970.448.55nr 2009/10 240.46 10.23
257.51 0.3377.90342.8675.1310.23nr 2010/11 252.00 12.96
267.76 0.4081.12359.9479.2112.96nr 2011/12 264.14 14.68
269.72 0.4379.37359.1574.7614.68nr 2012/13 266.93 12.85
283.21 0.4483.31376.4280.3612.85nr 2013/14 278.75 14.36
300.82 0.4586.36397.6682.4914.36nr 2014/15 293.42 17.89
305.93 0.4886.98407.0083.1817.89nr 2015/16 303.10 16.92
320.83 0.5988.18422.5584.8016.92nr 2016/17 318.07 16.30
330.66 0.6487.53431.5884.6216.30nr 2017/18 328.63 15.42
342.47 0.6789.70444.3286.4315.42nr 2018/19 339.21 15.41
Major Vegetable Oils
119.85 94.0248.51175.8243.5312.4513.61 2005/06 113.19 14.12
122.75 96.4050.29183.5946.7314.1214.20 2006/07 118.69 14.62
129.72 99.4854.45194.4350.0814.6214.73 2007/08 125.05 14.93
134.93 103.2056.64203.5553.7014.9315.61 2008/09 131.15 15.76
142.38 107.2958.81213.5455.3915.7616.46 2009/10 137.97 16.76
149.14 109.9160.77222.7056.8016.7617.50 2010/11 142.56 19.38
158.29 116.0864.85239.4461.7819.3818.47 2011/12 151.86 22.74
161.58 121.5668.34249.5665.2322.7419.12 2012/13 159.04 22.18
171.90 126.0570.26261.0266.9422.1819.98 2013/14 166.98 23.78
177.17 131.0376.55271.6870.7323.7820.81 2014/15 170.44 24.69
176.78 135.2773.62271.9670.4924.6921.72 2015/16 177.65 20.69
189.17 140.0981.28284.7574.8920.6922.38 2016/17 183.57 19.90
197.32 144.3279.85291.3574.1319.9023.20 2017/18 190.96 20.54
203.33 148.7383.75301.5477.6720.5423.64 2018/19 196.83 20.96
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA 23 October 2018Office of Global Analysis
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
220.78 186.3563.64333.4564.1048.5693.03 2005/06 215.94 53.87
235.70 195.5570.91358.6169.0553.8794.92 2006/07 224.68 63.03
219.15 202.6378.70360.8678.6863.0391.05 2007/08 229.85 52.32
212.06 194.7976.71342.2777.9052.3296.46 2008/09 222.64 42.92
260.73 210.3192.06391.1687.5142.92102.59 2009/10 238.99 60.11
264.39 222.2291.57414.2989.7960.11103.43 2010/11 252.79 69.93
240.38 229.0991.77404.8694.5569.93102.90 2011/12 259.31 53.77
268.47 231.75100.36419.4497.2053.77110.02 2012/13 263.13 55.94
282.71 242.80112.72451.72113.0755.94112.63 2013/14 276.53 62.47
319.96 264.73126.21506.79124.3662.47118.39 2014/15 302.62 77.96
315.58 274.99132.52526.87133.3377.96120.08 2015/16 313.93 80.42
348.12 287.21147.36572.90144.3580.42119.00 2016/17 328.87 96.68
337.45 294.14153.12586.58152.4596.68123.84 2017/18 336.80 96.65
369.48 308.20157.40620.45154.3296.65129.42 2018/19 353.01 110.04
Meal, Soybean
146.73 186.3753.03204.0551.385.94nr 2005/06 144.88 6.14
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
153.00 194.8753.27212.4251.677.75nr 2008/09 153.84 5.31
165.62 210.3955.94224.4753.545.31nr 2009/10 161.58 6.96
175.03 222.3158.89238.8556.876.96nr 2010/11 170.65 9.31
180.86 229.2058.71247.1957.029.31nr 2011/12 177.72 10.76
182.20 231.8958.39247.0354.0710.76nr 2012/13 178.79 9.85
190.40 242.9660.65258.0157.779.85nr 2013/14 186.50 10.87
208.46 264.9164.40280.0160.6910.87nr 2014/15 201.56 14.04
215.82 275.2265.50291.7261.8614.04nr 2015/16 213.02 13.20
225.38 287.5264.48299.0760.4913.20nr 2016/17 221.73 12.86
231.34 294.7063.87304.4360.2312.86nr 2017/18 228.57 11.99
242.38 308.8265.69316.5262.1511.99nr 2018/19 238.82 12.01
Oil, Soybean
34.91 186.359.7947.018.803.30nr 2005/06 33.40 3.82
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
36.12 194.799.2149.109.003.97nr 2008/09 36.32 3.57
38.92 210.319.1950.978.483.57nr 2009/10 38.15 3.64
41.46 222.229.6254.489.383.64nr 2010/11 40.49 4.37
42.80 229.098.5355.178.004.37nr 2011/12 42.46 4.19
43.33 231.759.3356.028.514.19nr 2012/13 42.58 4.11
45.23 242.809.4258.609.274.11nr 2013/14 45.31 3.87
49.28 264.7311.1263.1810.033.87nr 2014/15 47.73 4.34
51.53 274.9911.7767.5111.644.34nr 2015/16 52.08 3.66
53.68 287.2111.2468.1810.843.66nr 2016/17 53.34 3.60
54.95 294.0410.3568.249.703.60nr 2017/18 54.53 3.36
57.54 308.2011.1471.4910.593.36nr 2018/19 56.71 3.64
Based on the aggregate of different marketing years, primarily October through September.
Foreign Agricultural Service/USDA 24 October 2018Office of Global Analysis
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
48.84 0.356.9860.676.715.1327.32 2005/06 48.06 5.63
45.75 0.356.6558.417.025.6326.76 2006/07 46.57 5.20
48.34 0.358.1861.107.575.2028.65 2007/08 49.20 3.72
57.87 0.4012.2073.7312.153.7230.96 2008/09 54.70 6.83
60.91 0.4210.9078.5510.816.8330.76 2009/10 59.62 8.03
60.82 0.4510.9379.0310.188.0333.63 2010/11 59.96 8.14
61.52 0.4512.9982.9013.248.1433.45 2011/12 63.64 6.27
63.91 0.4712.5783.0112.836.2736.03 2012/13 65.54 4.90
71.53 0.4915.1091.9815.554.9036.01 2013/14 69.37 7.51
71.29 0.5515.1193.1114.327.5135.48 2014/15 70.46 7.55
69.81 0.6514.3591.7814.427.5533.82 2015/16 70.79 6.65
70.85 0.6515.8093.1615.666.6534.08 2016/17 72.04 5.33
75.15 0.6516.3595.9115.435.3335.92 2017/18 72.77 6.79
72.13 0.6517.4695.7716.856.7936.41 2018/19 72.11 6.20
Meal, Rapeseed
26.15 0.002.6829.502.630.71nr 2005/06 25.99 0.83
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
30.27 0.003.7534.693.770.64nr 2008/09 30.14 0.80
32.95 0.003.6337.643.880.80nr 2009/10 32.76 1.25
33.56 0.005.2840.145.331.25nr 2010/11 33.81 1.06
35.18 0.005.5641.805.561.06nr 2011/12 35.13 1.10
36.41 0.005.7043.125.611.10nr 2012/13 36.44 0.98
38.71 0.006.3546.196.500.98nr 2013/14 38.91 0.92
38.98 0.006.0745.905.990.92nr 2014/15 38.85 0.98
39.35 0.005.6946.035.700.98nr 2015/16 39.25 1.10
39.79 0.006.0346.785.891.10nr 2016/17 39.71 1.03
40.05 0.006.0447.216.141.03nr 2017/18 40.32 0.86
39.92 0.006.0946.886.110.86nr 2018/19 40.03 0.77
Oil, Rapeseed
17.99 13.721.6520.261.480.79nr 2005/06 17.61 1.00
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
21.16 14.412.4724.742.481.10nr 2008/09 20.99 1.28
23.21 15.232.7527.452.961.28nr 2009/10 22.75 1.95
23.47 15.863.4328.803.381.95nr 2010/11 23.40 1.97
24.84 16.473.9830.884.081.97nr 2011/12 23.84 3.05
25.62 16.973.9532.613.933.05nr 2012/13 24.23 4.43
27.21 18.173.8335.463.824.43nr 2013/14 26.08 5.55
27.53 18.884.0737.023.955.55nr 2014/15 27.04 5.91
27.77 19.944.1737.814.135.91nr 2015/16 28.31 5.34
28.17 20.484.5237.904.395.34nr 2016/17 29.04 4.34
28.48 20.374.6337.334.514.34nr 2017/18 28.92 3.78
28.22 20.264.7436.694.693.78nr 2018/19 28.56 3.40
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA 25 October 2018Office of Global Analysis
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
29.92 3.4829.311.521.422.9622.72 2005/06
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
40.54 2.6540.642.011.872.9023.41 2015/16
48.01 3.3747.032.442.172.6525.42 2016/17
47.41 2.7147.662.512.113.3725.58 2017/18
49.76 2.9049.322.312.062.7126.23 2018/19
Meal, Sunflowerseed
11.72 0.3111.413.573.350.22nr 2005/06
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 0.7914.845.134.931.70nr 2012/13
16.83 1.4215.756.225.760.79nr 2013/14
16.17 1.6615.585.875.531.42nr 2014/15
16.50 1.6916.186.235.951.66nr 2015/16
19.35 1.4319.127.446.951.69nr 2016/17
19.74 1.4019.917.057.191.43nr 2017/18
20.50 1.3120.477.217.091.40nr 2018/19
Oil, Sunflowerseed
10.56 1.219.773.923.311.02nr 2005/06
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 2.9614.157.786.962.30nr 2013/14
14.97 2.6114.117.386.182.96nr 2014/15
15.38 1.6815.228.107.022.61nr 2015/16
18.18 1.8116.5710.418.921.68nr 2016/17
18.37 1.3117.399.828.341.81nr 2017/18
19.10 1.5317.569.798.471.31nr 2018/19
Based on the aggregate of different marketing years, primarily September through August.
Foreign Agricultural Service/USDA 26 October 2018Office of Global Analysis
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
25.22 24.996.9427.8965.8836.034.62 2005/06 32.47 5.51
26.25 26.837.5728.3969.3837.625.51 2006/07 34.90 6.10
29.93 29.598.8532.4977.4741.456.10 2007/08 39.01 5.97
33.08 31.989.6335.0083.5544.495.97 2008/09 42.26 6.28
34.31 33.3010.0636.3286.9746.386.28 2009/10 43.96 6.69
35.09 33.9710.7337.3690.9949.216.69 2010/11 45.27 8.35
38.39 36.8412.4739.8999.2952.558.35 2011/12 49.95 9.46
41.80 40.1514.6543.08107.6356.379.46 2012/13 55.45 9.10
41.64 40.8416.3143.23110.0359.289.10 2013/14 57.79 9.01
44.47 43.0714.1347.41115.2361.759.01 2014/15 57.91 9.91
42.37 42.3116.2943.79111.1758.899.91 2015/16 59.31 8.07
45.49 44.4216.3948.92118.8265.268.07 2016/17 61.58 8.32
46.19 46.4518.1048.77123.7969.288.32 2017/18 65.36 9.66
48.60 48.9419.0351.79130.5272.269.66 2018/19 68.80 9.93
Oil, Coconut
2.04 1.781.432.055.853.340.47 2005/06 3.35 0.44
1.88 1.661.431.745.393.070.44 2006/07 3.18 0.47
1.91 1.771.511.935.783.400.47 2007/08 3.31 0.55
1.67 1.651.561.485.583.360.55 2008/09 3.24 0.86
2.30 2.091.702.076.633.470.86 2009/10 3.82 0.74
1.80 1.871.671.806.133.590.74 2010/11 3.58 0.76
1.84 1.931.551.865.983.390.76 2011/12 3.51 0.61
1.89 2.001.711.926.133.620.61 2012/13 3.75 0.46
1.74 1.751.551.925.583.380.46 2013/14 3.34 0.33
1.82 1.741.521.945.523.370.33 2014/15 3.29 0.29
1.61 1.671.551.585.223.320.29 2015/16 3.25 0.40
1.50 1.581.481.895.293.390.40 2016/17 3.10 0.30
1.54 1.641.621.685.393.540.30 2017/18 3.29 0.42
1.46 1.621.621.695.483.600.42 2018/19 3.27 0.52
Meal, Fish
3.05 0.000.052.808.754.990.71 2005/06 5.21 0.73
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
3.06 0.000.052.538.224.890.27 2016/17 5.43 0.26
2.64 0.000.052.487.734.830.26 2017/18 4.97 0.28
2.55 0.000.052.377.544.710.28 2018/19 4.89 0.28
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA 27 October 2018Office of Global Analysis
Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Productio
n
Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Major Oilseeds
95,671 51,89726,611104,6246648,28936,587 2005/06 63,812 14,201
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
99,016 51,45945,569107,8463,0675,76335,438 2013/14 58,324 3,953
116,029 55,11151,109121,8331,8513,95338,983 2014/15 63,968 6,756
115,879 55,05553,969123,7651,1306,75638,398 2015/16 62,928 6,868
126,935 56,25760,081135,3051,5026,86839,245 2016/17 65,625 9,599
131,495 60,17559,188142,5101,4169,59942,793 2017/18 69,495 13,827
138,382 60,85157,201153,5771,36813,82741,862 2018/19 70,466 25,910
Major Protein Meals
39,894 51,8977,60841,7721,663215nr 2005/06 33,803 361
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
38,593 50,25010,46142,3223,393336nr 2012/13 31,546 315
39,293 51,45910,80343,4063,798315nr 2013/14 32,311 292
43,210 55,11112,14447,3753,873292nr 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
47,011 60,17513,82451,2023,784407nr 2017/18 36,962 416
46,923 60,85112,62051,1283,789416nr 2018/19 38,089 419
Major Vegetable Oils
10,435 51,89789913,9382,3791,1240 2005/06 11,242 1,797
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
10,427 51,4591,11615,5874,0161,1440 2013/14 13,499 972
10,938 55,1111,17416,1404,2309720 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
12,128 60,1751,35218,2524,8921,2320 2017/18 15,459 1,441
12,264 60,8511,24618,6924,9871,4410 2018/19 16,044 1,402
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA 28 October 2018Office of Global Analysis
Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Productio
n
Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean
83,507 47,32425,57990,559926,96028,834 2005/06 52,751 12,229
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
91,389 47,19244,59497,1671,9533,82530,858 2013/14 50,069 2,504
106,878 50,97550,136110,2869042,50433,423 2014/15 54,962 5,188
106,857 51,33552,870112,6866415,18833,076 2015/16 54,462 5,354
116,920 51,74258,960122,8806065,35433,466 2016/17 55,712 8,208
120,039 55,92657,945128,8415948,20836,228 2017/18 58,973 11,923
127,631 56,33656,064140,23468011,92335,753 2018/19 60,082 24,088
Meal, Soybean
37,416 47,3247,30137,700128156nr 2005/06 30,114 285
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 26,307 250
36,909 47,19210,50437,506347250nr 2013/14 26,775 227
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
44,633 55,92613,51745,450454363nr 2017/18 31,570 363
44,407 56,33612,24745,088318363nr 2018/19 32,478 363
Oil, Soybean
9,248 47,32452310,03516771nr 2005/06 8,147 1,365
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
10,793 55,9261,11111,728159776nr 2017/18 9,616 1,001
10,845 56,33699811,9821361,001nr 2018/19 10,024 960
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.
Foreign Agricultural Service/USDA 29 October 2018Office of Global Analysis
Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Productio
n
Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
57,000 28,75624,77059,728402,68822,229 2005/06 31,506 3,452
59,000 31,51123,80562,5601083,45220,700 2006/07 34,261 4,494
61,000 31,89524,51565,577834,49421,300 2007/08 34,695 6,367
57,800 30,77928,04164,2911246,36721,700 2008/09 33,579 2,671
69,000 35,70029,18871,8211502,67123,500 2009/10 38,550 4,083
75,300 37,26433,78979,423404,08324,200 2010/11 40,164 5,470
66,500 36,23031,90572,2682985,47025,000 2011/12 39,130 1,233
82,000 36,43242,82683,4732401,23327,700 2012/13 39,378 1,269
86,700 38,19545,74788,5485791,26930,100 2013/14 41,345 1,456
97,200 40,33954,63598,9853291,45632,100 2014/15 43,550 800
96,500 39,96752,10097,66236280033,300 2015/16 43,332 2,230
114,600 42,31268,807117,0972672,23033,900 2016/17 45,715 2,575
119,800 43,50074,775122,7253502,57535,100 2017/18 46,950 1,000
120,500 42,70074,400121,7002001,00037,500 2018/19 46,200 1,100
Meal, Soybean (Local)
22,280 28,75612,28723,230214736nr 2005/06 10,080 863
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
33,700 43,50016,80038,160304,430nr 2017/18 17,760 3,600
33,100 42,70015,10036,730303,600nr 2018/19 18,350 3,280
Oil, Soybean (Local)
5,520 28,7562,3155,79818260nr 2005/06 3,211 272
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 40,3391,6508,31611565nr 2014/15 6,220 446
7,670 39,9671,2508,19175446nr 2015/16 6,490 451
8,120 42,3121,3238,63160451nr 2016/17 6,877 431
8,350 43,2001,5458,84160431nr 2017/18 6,980 316
8,195 42,7001,2758,57160316nr 2018/19 7,065 231
Data based on Brazil's local February/January Marketing Year (MY).
Where February 2012 - January 2013 is the 2011/12 MY.
Foreign Agricultural Service/USDA 30 October 2018Office of Global Analysis
Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Productio
n
Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
40,500 32,7487,13242,0681,01355515,200 2005/06 34,268 668
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 41,196 3,683
49,000 37,52110,38952,696133,68318,300 2010/11 39,821 2,486
40,100 30,6816,09842,58822,48617,577 2011/12 33,431 3,059
49,300 35,0097,81752,36123,05919,750 2012/13 38,209 6,335
53,400 38,5037,43459,73726,33519,250 2013/14 42,103 10,200
61,450 45,11011,67071,79114110,20019,350 2014/15 49,271 10,850
58,800 43,0429,04670,9541,30410,85019,350 2015/16 47,508 14,400
55,000 40,9427,24572,0002,60014,40017,335 2016/17 45,555 19,200
37,800 37,8004,10060,8753,87519,20016,300 2017/18 42,575 14,200
57,000 44,0009,25073,0501,85014,20019,000 2018/19 49,000 14,800
Meal, Soybean (Local)
25,582 32,74824,72326,78501,203nr 2005/06 535 1,527
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 40,94229,26535,35404,119nr 2016/17 2,930 3,159
28,550 37,80024,50031,70903,159nr 2017/18 3,139 4,070
33,800 44,00030,35037,87004,070nr 2018/19 3,300 4,220
Oil, Soybean (Local)
6,169 32,7485,6676,5540385nr 2005/06 402 485
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 40,9424,7258,3840459nr 2016/17 3,195 464
7,375 37,8004,1007,8390464nr 2017/18 3,214 525
8,575 44,0005,2509,1000525nr 2018/19 3,325 525
Data based on Argentina's Local April/March Marketing Year (MY).
Where April 2012 - March 2013 is the 2011/12 MY.
Foreign Agricultural Service/USDA 31 October 2018Office of Global Analysis
Table 24: South East Asia Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
4,175 Oilseed, Copra 4,054 4,243 4,426 4,506 4,506
14,403 Oilseed, Palm Kernel 13,705 15,058 15,974 16,800 16,699
995 Oilseed, Soybean 947 885 846 821 821
3,811 Other 3,705 3,707 3,674 3,644 3,644
23,384 Total 22,411 23,893 24,920 25,771 25,670
none
Domestic Consumption none
847 Meal, Fish 795 926 904 921 921
745 Meal, Rapeseed 407 358 418 450 450
16,946 Meal, Soybean 18,307 18,770 19,409 20,010 20,010
2,783 Other 3,059 3,401 3,522 3,589 3,589
21,321 Total 22,568 23,455 24,253 24,970 24,970
none
SME none
1,228 Meal, Fish 1,152 1,340 1,306 1,331 1,331
530 Meal, Rapeseed 290 255 297 320 320
16,896 Meal, Soybean 18,237 18,680 19,299 19,890 19,890
1,481 Other 1,598 1,737 1,785 1,809 1,809
20,135 Total 21,277 22,012 22,688 23,350 23,350
none
Imports none
236 Meal, Fish 278 351 345 352 352
658 Meal, Rapeseed 369 343 403 430 430
14,972 Meal, Soybean 15,661 16,097 16,651 16,826 16,826
563 Other 684 739 674 655 655
16,429 Total 16,992 17,530 18,073 18,263 18,263
none
Industrial Dom. Cons. none
5,218 Oil, Palm 7,226 6,881 8,440 8,995 9,245
0 Oil, Rapeseed 0 0 0 0 0
39 Oil, Soybean 42 46 45 47 47
0 Oil, Sunflowerseed 0 0 0 0 0
4,014 Other 3,988 4,135 4,530 4,747 4,747
9,271 Total 11,256 11,062 13,015 13,789 14,039
none
Food Use Dom. Cons. none
9,053 Oil, Palm 9,231 9,740 10,255 10,680 10,680
54 Oil, Rapeseed 26 32 26 28 28
574 Oil, Soybean 652 680 640 795 795
131 Oil, Sunflowerseed 131 131 131 131 131
1,385 Other 1,421 1,515 1,577 1,652 1,652
11,197 Total 11,461 12,098 12,629 13,286 13,286
none
Domestic Consumption none
14,689 Oil, Palm 16,873 17,087 19,202 20,201 20,457
54 Oil, Rapeseed 26 32 26 28 28
613 Oil, Soybean 694 726 685 842 842
131 Oil, Sunflowerseed 131 131 131 131 131
5,409 Other 5,419 5,660 6,117 6,409 6,409
20,896 Total 23,143 23,636 26,161 27,611 27,867
none
Imports none
3,762 Oil, Palm 3,600 3,708 3,785 3,895 3,895
13 Oil, Rapeseed 13 13 13 13 13
321 Oil, Soybean 290 273 258 288 288
0 Oil, Sunflowerseed 0 0 0 0 0
671 Other 567 508 527 487 487
4,767 Total 4,470 4,502 4,583 4,683 4,683
Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA 32 October 2018Office of Global Analysis
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
1,243 Oilseed, Cottonseed 1,032 1,228 1,447 1,643 1,643
256 Oilseed, Rapeseed 254 263 200 228 228
280 Oilseed, Soybean 242 246 252 261 261
1,232 Oilseed, Sunflowerseed 1,147 1,376 1,609 1,799 1,859
124 Other 148 164 165 154 154
3,135 Total 2,823 3,277 3,673 4,085 4,145
none
Domestic Consumption none
85 Meal, Fish 110 121 125 125 125
838 Meal, Rapeseed 840 865 784 796 796
7,065 Meal, Soybean 7,426 7,929 8,228 8,858 8,858
2,925 Other 2,893 3,364 3,823 3,845 3,865
10,913 Total 11,269 12,279 12,960 13,624 13,644
none
SME none
123 Meal, Fish 159 175 181 181 181
596 Meal, Rapeseed 598 615 558 566 566
7,063 Meal, Soybean 7,424 7,927 8,226 8,856 8,856
1,972 Other 1,927 2,247 2,541 2,582 2,595
9,754 Total 10,108 10,964 11,506 12,185 12,198
none
Imports none
79 Meal, Fish 108 124 120 120 120
217 Meal, Rapeseed 196 183 177 183 183
4,319 Meal, Soybean 4,103 4,950 3,980 4,795 4,795
1,419 Other 1,498 1,762 1,888 1,790 1,790
6,034 Total 5,905 7,019 6,165 6,888 6,888
none
Imports none
2,127 Oil, Palm 2,309 2,564 2,632 2,860 2,860
45 Oil, Rapeseed 61 52 65 69 69
505 Oil, Soybean 413 345 318 365 365
1,760 Oil, Sunflowerseed 1,654 2,222 1,695 1,765 1,765
465 Other 171 174 167 182 182
4,902 Total 4,608 5,357 4,877 5,241 5,241
none
Industrial Dom. Cons. none
185 Oil, Palm 185 185 190 190 190
35 Oil, Rapeseed 30 30 15 15 15
137 Oil, Soybean 126 125 135 138 138
20 Oil, Sunflowerseed 20 20 20 20 20
69 Other 58 54 50 52 52
446 Total 419 414 410 415 415
none
Food Use Dom. Cons. none
1,507 Oil, Palm 1,814 1,958 2,118 2,315 2,315
279 Oil, Rapeseed 324 260 239 227 227
901 Oil, Soybean 929 945 972 1,000 1,000
1,951 Oil, Sunflowerseed 2,067 2,301 2,334 2,372 2,372
859 Other 641 636 690 732 732
5,497 Total 5,775 6,100 6,353 6,646 6,646
none
Domestic Consumption none
1,692 Oil, Palm 1,999 2,143 2,308 2,505 2,505
314 Oil, Rapeseed 354 290 254 242 242
1,116 Oil, Soybean 1,135 1,125 1,167 1,208 1,208
1,981 Oil, Sunflowerseed 2,097 2,331 2,364 2,402 2,402
935 Other 705 700 747 791 791
6,038 Total 6,290 6,589 6,840 7,148 7,148
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.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA 33 October 2018Office of Global Analysis
Table 26: European Union Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
24,587 Oilseed, Rapeseed 21,997 20,538 22,145 19,000 19,500
1,832 Oilseed, Soybean 2,320 2,410 2,667 2,700 2,700
8,974 Oilseed, Sunflowerseed 7,721 8,598 9,679 9,600 9,600
510 Other 409 418 493 497 529
35,903 Total 32,447 31,964 34,984 31,797 32,329
none
Domestic Consumption none
529 Meal, Fish 581 536 550 550 550
14,200 Meal, Rapeseed 13,800 13,850 13,700 13,000 13,100
30,142 Meal, Soybean 30,742 30,292 30,042 31,342 31,342
9,369 Other 9,181 9,920 10,028 10,289 10,289
54,240 Total 54,304 54,598 54,320 55,181 55,281
none
SME none
767 Meal, Fish 842 775 795 795 795
10,103 Meal, Rapeseed 9,819 9,854 9,748 9,250 9,321
30,100 Meal, Soybean 30,700 30,250 30,000 31,300 31,300
5,394 Other 5,242 5,799 5,885 6,061 6,061
46,365 Total 46,604 46,678 46,427 47,405 47,476
none
Imports none
279 Meal, Fish 284 193 200 200 200
453 Meal, Rapeseed 409 219 242 300 300
19,623 Meal, Soybean 19,207 18,869 18,400 18,500 18,500
5,469 Other 5,502 5,688 5,558 5,754 5,754
25,824 Total 25,402 24,969 24,400 24,754 24,754
none
Industrial Dom. Cons. none
3,400 Oil, Palm 3,400 3,700 3,550 3,550 3,550
7,095 Oil, Rapeseed 7,200 7,100 6,950 6,500 6,550
990 Oil, Soybean 930 850 870 900 900
310 Oil, Sunflowerseed 420 400 330 330 330
515 Other 475 515 550 545 545
12,310 Total 12,425 12,565 12,250 11,825 11,875
none
Food Use Dom. Cons. none
3,300 Oil, Palm 3,000 2,900 2,800 2,700 2,700
3,200 Oil, Rapeseed 2,800 2,950 3,000 2,950 2,950
1,000 Oil, Soybean 1,300 1,300 1,300 1,300 1,300
3,350 Oil, Sunflowerseed 3,850 4,200 4,250 4,450 4,450
2,317 Other 2,358 2,146 2,342 2,487 2,487
13,167 Total 13,308 13,496 13,692 13,887 13,887
none
Domestic Consumption none
6,900 Oil, Palm 6,600 6,800 6,550 6,450 6,450
10,345 Oil, Rapeseed 10,050 10,100 10,000 9,500 9,550
2,040 Oil, Soybean 2,285 2,205 2,225 2,255 2,255
3,670 Oil, Sunflowerseed 4,280 4,610 4,590 4,790 4,790
2,854 Other 2,848 2,676 2,907 3,047 3,047
25,809 Total 26,063 26,391 26,272 26,042 26,092
none
Imports none
6,935 Oil, Palm 6,636 7,224 6,500 6,500 6,500
261 Oil, Rapeseed 207 153 158 150 150
253 Oil, Soybean 325 285 280 200 200
829 Oil, Sunflowerseed 1,418 1,834 1,500 1,650 1,650
1,603 Other 1,383 1,416 1,506 1,436 1,436
9,881 Total 9,969 10,912 9,944 9,936 9,936
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.
Foreign Agricultural Service/USDA 34 October 2018Office of Global Analysis
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
16,482 Oilseed, Peanut 16,440 17,290 17,900 17,800 17,800
14,772 Oilseed, Rapeseed 14,931 14,546 14,400 13,950 13,950
12,154 Oilseed, Soybean 11,785 12,900 14,200 15,000 15,000
2,492 Oilseed, Sunflowerseed 2,698 2,990 3,120 3,250 3,250
11,757 Other 8,600 8,800 10,800 10,800 10,800
57,657 Total 54,454 56,526 60,420 60,800 60,800
none
Domestic Consumption none
1,474 Meal, Fish 1,439 2,019 1,640 1,550 1,550
11,032 Meal, Rapeseed 11,314 11,634 12,363 12,232 12,232
57,467 Meal, Soybean 62,663 68,646 70,410 73,182 73,182
8,761 Other 7,912 8,492 9,604 9,695 9,695
78,734 Total 83,328 90,791 94,017 96,659 96,659
none
SME none
2,137 Meal, Fish 2,087 2,928 2,370 2,240 2,240
7,529 Meal, Rapeseed 7,730 7,957 8,476 8,383 8,383
56,487 Meal, Soybean 61,663 67,596 69,310 72,032 72,032
7,648 Other 7,073 7,530 8,452 8,492 8,492
73,801 Total 78,553 86,011 88,608 91,146 91,146
none
Imports none
1,031 Meal, Fish 1,042 1,583 1,200 1,100 1,100
142 Meal, Rapeseed 359 875 1,250 1,000 1,000
58 Meal, Soybean 24 61 130 30 30
553 Other 403 657 710 735 735
1,784 Total 1,828 3,176 3,290 2,865 2,865
none
Food Use Dom. Cons. none
3,750 Oil, Palm 2,700 2,680 2,800 3,100 3,100
2,819 Oil, Peanut 2,919 2,999 3,142 3,094 3,094
7,800 Oil, Rapeseed 8,600 8,700 8,900 8,650 8,650
14,200 Oil, Soybean 15,350 16,350 16,550 17,300 17,300
998 Oil, Sunflowerseed 1,379 1,332 1,413 1,617 1,617
1,563 Other 1,272 1,296 1,558 1,573 1,573
31,130 Total 32,220 33,357 34,363 35,334 35,334
none
Domestic Consumption none
5,700 Oil, Palm 4,800 4,830 5,050 5,400 5,400
2,819 Oil, Peanut 2,919 2,999 3,142 3,094 3,094
7,800 Oil, Rapeseed 8,600 8,700 8,900 8,650 8,650
14,200 Oil, Soybean 15,350 16,350 16,550 17,300 17,300
998 Oil, Sunflowerseed 1,379 1,332 1,413 1,617 1,617
2,141 Other 1,832 1,891 2,138 2,153 2,153
33,658 Total 34,880 36,102 37,193 38,214 38,214
none
Imports none
5,696 Oil, Palm 4,689 4,881 5,100 5,400 5,400
141 Oil, Peanut 113 111 110 110 110
732 Oil, Rapeseed 768 802 1,000 1,000 1,000
773 Oil, Soybean 586 711 450 700 700
534 Oil, Sunflowerseed 878 725 750 900 900
751 Other 737 773 756 758 758
8,627 Total 7,771 8,003 8,166 8,868 8,868
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA 35 October 2018Office of Global Analysis
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2014/15 2015/16 2016/17 2017/18
Sep
2018/19
Oct
2018/19
none
Production none
12,525 Oilseed, Cottonseed 10,996 11,463 12,312 12,185 12,185
4,855 Oilseed, Peanut 4,470 6,924 6,650 5,750 4,700
5,080 Oilseed, Rapeseed 5,920 6,620 6,450 6,500 6,500
8,711 Oilseed, Soybean 6,929 10,992 8,350 10,500 10,350
383 Oilseed, Sunflowerseed 323 318 230 350 350
730 Other 735 735 770 770 770
32,284 Total 29,373 37,052 34,762 36,055 34,855
none
Domestic Consumption none
4,250 Meal, Cottonseed 3,959 3,725 4,266 4,240 4,204
1,252 Meal, Peanut 1,108 1,587 1,586 1,381 1,255
1,600 Meal, Rapeseed 2,600 2,750 2,800 2,800 2,900
4,500 Meal, Soybean 4,460 4,750 4,970 5,620 5,740
184 Meal, Sunflowerseed 315 439 356 345 397
376 Other 435 446 480 485 485
12,162 Total 12,877 13,697 14,458 14,871 14,981
none
SME none
3,444 Meal, Cottonseed 3,208 3,018 3,457 3,436 3,407
1,402 Meal, Peanut 1,240 1,778 1,777 1,547 1,405
1,138 Meal, Rapeseed 1,850 1,957 1,992 1,992 2,063
4,350 Meal, Soybean 4,300 4,500 4,700 5,325 5,450
123 Meal, Sunflowerseed 210 293 237 230 265
164 Other 190 193 209 211 211
10,621 Total 10,998 11,739 12,372 12,741 12,801
none
Food Use Dom. Cons. none
1,255 Oil, Cottonseed 1,230 1,120 1,275 1,290 1,275
8,750 Oil, Palm 8,600 9,000 9,200 10,200 10,200
970 Oil, Peanut 860 1,150 1,200 1,065 1,000
1,900 Oil, Rapeseed 2,225 2,390 2,300 2,300 2,300
4,100 Oil, Soybean 5,250 5,200 4,600 4,800 4,800
1,700 Oil, Sunflowerseed 1,665 2,000 2,700 2,200 2,200
380 Other 265 240 246 260 260
19,055 Total 20,095 21,100 21,521 22,115 22,035
none
Domestic Consumption none
1,300 Oil, Cottonseed 1,275 1,165 1,320 1,335 1,320
9,150 Oil, Palm 9,100 9,550 9,800 10,820 10,820
980 Oil, Peanut 870 1,160 1,210 1,075 1,010
1,980 Oil, Rapeseed 2,305 2,475 2,380 2,380 2,380
4,100 Oil, Soybean 5,250 5,200 4,600 4,800 4,800
1,700 Oil, Sunflowerseed 1,665 2,000 2,700 2,200 2,200
672 Other 553 506 551 569 569
19,882 Total 21,018 22,056 22,561 23,179 23,099
none
Imports none
0 Oil, Cottonseed 0 0 0 0 0
9,139 Oil, Palm 8,860 9,341 9,500 10,600 10,600
0 Oil, Peanut 0 0 0 0 0
383 Oil, Rapeseed 383 317 300 300 300
2,815 Oil, Soybean 4,269 3,534 3,000 3,400 3,400
1,575 Oil, Sunflowerseed 1,492 2,151 2,400 2,100 2,100
224 Other 106 82 107 110 110
14,136 Total 15,110 15,425 15,307 16,510 16,510
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA 36 October 2018Office of Global Analysis
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
06/07-15/16 404 415 442 442 478 513 1475 486 513 500 760
2006/07 254 264 279 279 335 394 1,128 343 401 375 537
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
Oct 342 348 413 386 403 421 1,550 375 413 431 964
Nov 348 358 395 386 412 410 1,600 362 423 431 1,021
Dec 354 367 396 388 420 408 1,600 379 420 439 1,127
Jan 357 371 402 392 425 430 1,650 379 416 446 1225
Feb 362 369 401 397 427 437 1,650 388 415 448 1146
Mar 356 354 381 374 404 448 1,650 384 410 440 1016
Apr 342 336 358 352 389 437 1,650 395 400 431 1044
May 340 340 367 360 388 428 1,650 381 403 432 1113
Jun 334 330 360 355 380 434 1,450 388 396 404 1119
Jul 346 356 388 378 408 452 1,450 395 399 417 1059
Aug 340 337 378 368 390 437 1,405 421 397 427 1062
Sep 344 343 384 378 397 507 1,344 384 399 433 1015
Average 347 351 385 376 404 437 1,554 386 408 432 1,076
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 N/A 284 397 380 358 N/A 1,360 N/A 378 432 598
Average 345 337 396 386 403 509 1,317 383 403 425 784
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 Sept/Oct/Nov Shipment
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.
Foreign Agricultural Service/USDA 37 October 2018Office of Global Analysis
Year Fish
Beg U.S. Brz Arg Hamb U.S. Ukr Brem
Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/
Oct - Sep Average
06/07-15/16 394 372 366 424 208 253 1479
2006/07 226 199 181 276 116 178 1220
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 1,448
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
Oct 356 335 334 340 164 194 1,497
Nov 355 328 338 343 155 193 1,463
Dec 354 321 329 345 160 184 1,423
Jan 366 342 354 355 175 174 1,386
Feb 369 342 355 357 178 177 1,353
Mar 353 323 336 346 171 175 1,304
Apr 337 307 314 331 163 169 1,296
May 339 312 315 329 159 173 1,331
Jun 331 300 303 313 154 173 1,333
Jul 359 324 320 326 144 174 1,354
Aug 332 306 306 318 148 177 1,380
Sep 339 318 312 329 148 174 1,402
Average 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
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
280
281
244
302
U.S.
5/
298
166
Table 30: Protein Meal Prices
U.S. Dollars per Metric TonSoybean SunseedCottonseed Rapeseed
Hamb
9/
265
184
298
195
221
278
236
230
252
252
198
198
221
219
246
245
232
215
335
267
323
269
213
232
210
216
239
295
353
287
284
279
256
285
334
356
244
240
303
366
416
288
221
217
211
225
238
239
238
238
217
208
204
216
241
285
287 259
264
268
281
277
267
293
305
282
290
289
Foreign Agricultural Service/USDA 38 October 2018Office of Global Analysis
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
06/07-15/16 889 911 909 1,000 1,092 1,479 1,075 1,635 1,619 817 1,034 1,142 998
2006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 701
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
Oct 746 797 782 858 989 1,235 830 1,430 1,575 677 896 1,463 799
Nov 761 803 796 880 1,010 1,235 830 1,455 1,525 708 899 1,538 812
Dec 784 826 841 907 1,023 1,235 844 1,391 1,504 745 918 1,699 840
Jan 740 798 812 872 982 1,235 817 1,386 1,520 759 917 1,815 835
Feb 705 761 762 835 915 1,213 808 1,392 1,545 740 878 1,703 840
Mar 680 734 712 812 870 1,146 783 1,451 1,578 713 850 1,549 836
Apr 652 704 699 791 828 1,124 784 1,536 1,558 681 824 1,580 830
May 675 734 734 827 852 1,113 797 1,560 1,550 698 844 1,687 831
Jun 678 739 741 827 851 1,120 780 1,680 1,518 670 813 1,697 838
Jul 724 747 744 835 857 1,130 793 1,670 1,498 658 843 1,591 827
Aug 731 760 758 855 802 1,163 806 1,535 1,478 651 875 1,604 810
Sep 734 779 779 882 848 1,217 810 1,468 1,433 690 889 1,525 804
Average 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
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 TonSoybean Sunseed Peanut
Foreign Agricultural Service/USDA 39 October 2018Office of Global Analysis