U.S. Soybeans Facing Stiff Competition from Brazil · 12.06.2018 · Another record Brazilian...

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

June, 2018

U.S. Soybeans Facing Stiff Competition from Brazil

Another record Brazilian soybean crop, currently estimated at 119 million tons, will provide ample supplies for export in 2018. Adding to the competitive pressure is the recent weakening of the real relative to the dollar as political and economic uncertainty has helped drive it to near 3.8 to the dollar. This is nearly 20 percent below the level in January 2018 and approaching the near-term record low of 4.04 observed in January 2016. With elections in Brazil scheduled for October, the same forces pushing the real lower today are likely to persist through at least the U.S. harvest if not through the latter half of 2018. Weak currencies generally augment pricing power in the market providing producers more flexibility to undercut competitor prices and to increase sales. While the recent decline in the real adds to this pricing power, it is an issue that has dogged U.S. producers since the early part of this decade. While average Brazilian export prices, in dollars, have declined roughly 20 percent since 2011, prices in reals have nearly doubled from 800 to over 1,500 reals per metric ton. These high prices and market power have helped Brazil sell out most of each year’s crop over the past 5 years. While short crops and strong global demand in the early part of the decade helped all exporters draw down stocks, the large crops of the past few years have led to stock building, much of it occurring in the United States.

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Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate

Dollar Real Exchange Rate

Since 2014/15 when stocks in both Brazil and the United States reached minimum levels, Brazilian stocks have remained relatively unchanged while stocks in the United States, as a percent of supplies, are projected to rise to 11 percent in the coming year. The high prices in reals have provided Brazilian producers the flexibility to undercut U.S. prices and have encouraged continued acreage expansion, all factors contributing to Brazil’s rising global market share. As long as U.S. producers continue to battle against a weak real, this trend will likely continue. Despite the prospect of Brazil clearing out the 2018 crop this year, limited year-over-year growth in Brazil’s soybean production, rising global demand, and smaller supplies in Argentina and Uruguay following this year’s drought should sharply curtail exportable supplies in the latter half of 2018. Despite a weak real, this should reduce competition in the global soybean market, boosting U.S. exports in 2018/19.

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2%2% 2%

2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19

Beginning Stocks as a Percent of Supply

United States Brazil

Foreign Agricultural Service/USDA 2 June 2018Office of Global Analysis

China: a New Player on the Sunflowerseed Meal Market

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2012/13

2013/14

2014/15

2015/16

2016/17

2017/18

2018/19

Million Tons

Global Sunflowerseed Meal Consumption Continues to Grow

EU

FSU

Turkey

Argentina

ROW

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Emerging Sunflowerseed Meal Importers

Egypt

Pakistan

China

Saudi Arabia

India

Morocco

Historically, global sunflowerseed meal consumption has been dominated by the leading sunflowerseed producers and processors, such as the European Union, Russia, Ukraine, and Turkey. However, other countries have recently emerged as growing users. In 2017/18, China became a significant sunflowerseed meal importer after its Ministry of Agriculture and AQSIQ* signed sanitary and phytosanitary protocols and requirements for sunflowerseed meal imports from Ukraine. In 2017/18, China is forecast to import 150,000 tons of sunflowerseed meal and this is likely to continue into the 2018/19 marketing year, as China’s demand for protein feedstuffs continues to grow. In 2018/19, global sunflowerseed meal imports are projected to grow to 7.6 million tons, on strong demand in the European Union, but also driven by continuing demand in emerging markets such as India, Pakistan, and China. Many countries view sunflowerseed meal as a very nutritious animal feed, often preferred over soybean meal due to its non-biotech origin. However, due to limited production and constraints to expansion, the sunflowerseed meal market is likely to remain considerably smaller than rapeseed meal and soybean meal. *General Administration of Quality Supervision, Inspection, and Quarantine

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Global Sunflowerseed Meal Imports Up Driven by the EU

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Israel

Belarus

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OVERVIEW 2018/19 Global oilseed production is forecast slightly higher this month at 594.0 million tons. Soybean production is projected up at 355.2 million tons as gains in Brazil more than offset reductions for Ukraine. The rapeseed crop forecast is lowered this month as reductions in the European Union exceed gains for Russia. Sunflowerseed production in Argentina is projected higher while the cottonseed forecast for China is lowered. Soybean imports are down marginally this month, driven by a reduction for Brazil. Exports are raised slightly on projected growth in Brazil’s exportable supplies. Global stocks are up this month on larger supplies in Brazil which more than offset reductions for Argentina. The U.S. season-average farm price for soybeans is projected unchanged at $10.00 per bushel. 2017/18 Global oilseed production is unchanged this month at 572.9 million tons. A larger soybean production estimate for Brazil fully offsets a reduction for Argentina. Global soybean imports are up this month on larger shipments to Argentina. Exports are up on gains for Brazil, Russia, and Ukraine which more than offset a lower forecast for Argentina. Global soybean ending stocks are raised significantly this month, primarily reflecting the larger harvest in Brazil. The U.S. season-average farm price for soybeans is up 5 cents to $9.40 per bushel. SOYBEAN PRICES U.S. export bids in May, FOB Gulf, averaged $406/ton, down $11 from April. In comparison, FOB Brazil Paranagua averaged $406/ton, down $24/ton from last month. FOB Argentina Up River averaged $415/ton, down $6 from last month. Prices have fallen in response to a weakening in the Brazilian real, rising soybean supplies in South America, and good crop prospects in the United States. For the week ending May 31, U.S. 2017/18 soybean export commitments (outstanding sales plus accumulated exports) to China totaled 28.7 million tons compared to 35.9 million a year ago. Total commitments to the world are 55.6 million tons, compared to 58.6 million for the same period last year.

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Soybean Export Prices

U.S. Gulf Brazil Paranagua Argentina Up River


2018/19 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

Argentina Soybean Oil Exports 5,100 5,325 225 Greater exportable supplies and limited biodiesel growth with higher export tax

Australia Rapeseed Oilseed Exports 3,000 3,100 100 Larger exportable supplies on higher carryin stocks

Brazil Soybean Oilseed Imports 400 225 -175 Larger domestic supplies reduces incentive for imports

Brazil Soybean Oilseed Exports 72,300 72,950 650 Greater crop prospects

India Soybean Oil Imports 3,550 3,650 100 Larger supplies available in Argentina

European Union

Rapeseed Oilseed Imports

Exports

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300

100 Lower domestic production forecast

Russia Rapeseed Oilseed Exports 200 400 200 Greater exportable supplies

Ukraine Soybean Oilseed Exports 3,000 2,900 -100 Smaller supplies on smaller crop projection

Note: All figures are in thousand metric tons.

2017/18 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

United States

Soybean Meal Exports 11,521 11,884 363 Strong pace of crush and trade to date

Argentina Soybean Meal Exports 29,000 28,500 -500 Smaller crop, lower crush

Argentina Soybean Oilseed Imports 3,100 3,350 250 Stronger pace of trade

Argentina Soybean Oilseed Exports 4,200 3,500 -700 Lower exportable

Brazil Soybean Oilseed Exports 73,300 74,650 1,350 Greater exportable supplies

Russia Soybean Oilseeds Exports 700 800 100 Stronger pace of trade

Ukraine Soybean Oilseed Exports 2,600 2,700 100 Stronger pace of trade

United States

Palm Oil Imports 1,545 1,680 135 Stronger pace of trade

Note: All figures are in thousand metric tons.


Questions may be directed to:

Bill George (202) 720-6234 [email protected] Agata Kingsbury (202) 260-8910 [email protected] Christine Mumma (202) 720-6369 [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/


List of Tables SUMMARY TABLES

Table 01 Major Oilseeds: World Supply and Distribution (Commodity View) Table 02 Major Protein Meals: World Supply and Distribution (Commodity View) Table 03 Major Vegetable Oils: World Supply and Distribution (Commodity View) Table 04 Major Oilseeds: World Supply and Distribution (Country View) Table 05 Major Protein Meals: World Supply and Distribution (Country View) Table 06 Major Vegetable Oils: World Supply and Distribution (Country View) COMMODITY TABLES

Table 07 Soybeans: World Supply and Distribution Table 08 Soybean Meal: World Supply and Distribution Table 09 Soybean Oil: World Supply and Distribution Table 10 Soybeans and Products: World Trade Table 11 Palm Oil: World Supply and Distribution Table 12 Rapeseed and Products: World Supply and Distribution Table 13 Sunflowerseed and Products: World Supply and Distribution Table 14 Minor Vegetable Oils: World Supply and Distribution HISTORICAL TABLES

Table 15 World Oilseeds and Products Supply and Distribution Table 16 World Soybeans and Products Supply and Distribution Table 17 World Rapeseed and Products Supply and Distribution Table 18 World Sunflowerseed and Products Supply and Distribution Table 19 World Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution COUNTRY TABLES

Table 20 United States Oilseeds and Products Supply and Distribution Local Marketing Years Table 21 United States Soybeans and Products Supply and Distribution Local Marketing Years Table 22 Brazil Soybeans and Products Supply and Distribution Local Marketing Years Table 23 Argentina Soybeans and Products Supply and Distribution Local Marketing Years Table 24 South East Asia Oilseeds and Products Supply and Distribution Table 25 Middle East Oilseeds and Products Supply and Distribution Table 26 European Union Oilseeds and Products Supply and Distribution Table 27 China Oilseeds and Products Supply and Distribution Table 28 India Oilseeds and Products Supply and Distribution PRICES

Table 29 Oilseed Prices Table 30 Protein Meal Prices Table 31 Vegetable Oil Prices


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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

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 44.74 44.29 44.16

16.57 Oilseed, Palm Kernel 15.96 17.36 18.61 19.19 19.19

42.13 Oilseed, Peanut 41.71 44.86 45.56 44.60 44.60

71.29 Oilseed, Rapeseed 69.81 71.33 74.28 75.43 75.08

319.91 Oilseed, Soybean 313.58 350.84 336.70 354.54 355.24

39.17 Oilseed, Sunflowerseed 40.54 47.97 47.30 49.85 49.85

538.84 Total 522.69 576.96 572.93 593.72 593.94

none

Imports none

0.10 Oilseed, Copra 0.13 0.11 0.12 0.10 0.10



2.52 Oilseed, Peanut 3.31 3.12 3.21 3.30 3.30


124.36 Oilseed, Soybean 133.33 144.32 152.96 159.54 159.37


143.60 Total 153.79 166.40 175.96 183.19 183.32

none

Exports none

0.11 Oilseed, Copra 0.13 0.14 0.13 0.14 0.14



3.33 Oilseed, Peanut 3.54 3.74 3.69 3.67 3.66


126.22 Oilseed, Soybean 132.51 147.54 152.11 161.82 162.37


147.18 Total 153.29 170.63 175.94 186.35 187.10

none

Crush none

5.38 Oilseed, Copra 5.30 5.45 5.70 5.78 5.78



16.81 Oilseed, Peanut 16.93 18.34 18.53 18.75 18.75


264.81 Oilseed, Soybean 275.02 287.32 299.65 313.34 313.47


440.33 Total 445.96 469.52 489.83 509.38 509.56

none

Ending Stocks none

0.10 Oilseed, Copra 0.08 0.07 0.08 0.07 0.07



4.23 Oilseed, Peanut 3.55 3.55 3.74 2.88 2.87


77.91 Oilseed, Soybean 78.39 97.38 92.49 86.70 87.02


94.61 Total 92.37 111.67 108.09 100.05 100.68

Totals may not add due to rounding


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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

none

Production none

1.80 Meal, Copra 1.77 1.81 1.92 1.93 1.93

15.53 Meal, Cottonseed 13.07 13.44 15.53 15.82 15.80

4.69 Meal, Fish 4.51 4.88 4.63 4.60 4.60

8.60 Meal, Palm Kernel 8.31 8.94 9.63 9.91 9.91

6.68 Meal, Peanut 6.72 7.31 7.38 7.48 7.48

38.98 Meal, Rapeseed 39.35 39.89 40.61 41.74 41.80

208.52 Meal, Soybean 215.86 225.87 235.65 246.36 246.54

16.16 Meal, Sunflowerseed 16.50 19.33 19.73 20.65 20.65

300.95 Total 306.09 321.48 335.07 348.48 348.71

none

Imports none

0.67 Meal, Copra 0.56 0.47 0.51 0.51 0.51

0.25 Meal, Cottonseed 0.21 0.24 0.23 0.23 0.23

2.50 Meal, Fish 2.46 3.06 2.44 2.45 2.45

6.83 Meal, Palm Kernel 6.41 7.58 7.52 7.68 7.68

0.03 Meal, Peanut 0.02 0.13 0.07 0.07 0.07

5.99 Meal, Rapeseed 5.70 5.90 5.95 6.01 6.01

60.69 Meal, Soybean 61.76 60.53 60.93 62.53 62.53


82.49 Total 83.08 84.85 84.88 87.03 87.08

none

Exports none

0.73 Meal, Copra 0.59 0.48 0.59 0.60 0.60

0.32 Meal, Cottonseed 0.25 0.34 0.36 0.37 0.37

2.28 Meal, Fish 2.21 2.53 2.26 2.31 2.32

6.46 Meal, Palm Kernel 6.38 6.74 7.12 7.23 7.23

0.05 Meal, Peanut 0.05 0.16 0.10 0.09 0.09

6.07 Meal, Rapeseed 5.69 6.03 6.07 6.23 6.26

64.40 Meal, Soybean 65.50 64.50 64.70 65.82 65.82


86.18 Total 86.91 88.21 88.60 90.38 90.42

none

Domestic Consumption none

1.72 Meal, Copra 1.73 1.78 1.80 1.83 1.83

15.47 Meal, Cottonseed 13.19 13.32 15.39 15.69 15.67

4.87 Meal, Fish 4.75 5.44 4.78 4.80 4.79

8.93 Meal, Palm Kernel 8.40 9.78 9.88 10.12 10.12

6.65 Meal, Peanut 6.66 7.31 7.35 7.46 7.46

38.85 Meal, Rapeseed 39.25 39.86 40.67 41.52 41.55

201.56 Meal, Soybean 212.96 222.02 233.09 243.22 243.42


293.63 Total 303.10 318.61 332.92 345.21 345.47

none

Ending Stocks none

0.13 Meal, Copra 0.13 0.15 0.18 0.19 0.19

0.22 Meal, Cottonseed 0.07 0.08 0.09 0.08 0.08

0.26 Meal, Fish 0.27 0.25 0.27 0.22 0.22

0.64 Meal, Palm Kernel 0.58 0.58 0.73 0.97 0.97

0.03 Meal, Peanut 0.06 0.03 0.03 0.03 0.03

0.98 Meal, Rapeseed 1.10 0.99 0.81 0.82 0.82

14.05 Meal, Soybean 13.21 13.09 11.89 11.42 11.72


17.96 Total 17.11 16.62 15.05 14.71 14.95



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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

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 4.41 5.09 5.22 5.22

2.40 Oil, Olive 3.13 2.48 3.27 3.15 3.15

61.75 Oil, Palm 58.89 65.26 69.72 72.58 72.58

7.32 Oil, Palm Kernel 7.00 7.63 8.15 8.40 8.40

5.44 Oil, Peanut 5.48 5.94 6.00 6.08 6.08

27.53 Oil, Rapeseed 27.78 28.20 28.75 29.52 29.56

49.30 Oil, Soybean 51.53 53.79 55.81 58.35 58.38

14.96 Oil, Sunflowerseed 15.38 18.17 18.35 19.32 19.32

177.18 Total 176.79 189.27 198.68 206.21 206.28

none

Imports none

1.82 Oil, Coconut 1.61 1.50 1.50 1.47 1.47

0.07 Oil, Cottonseed 0.05 0.05 0.05 0.04 0.05

0.90 Oil, Olive 0.79 0.79 0.88 0.87 0.87

44.47 Oil, Palm 42.37 45.48 47.23 49.04 49.04

3.06 Oil, Palm Kernel 2.63 2.69 2.75 2.76 2.76

0.25 Oil, Peanut 0.25 0.23 0.24 0.23 0.23

3.95 Oil, Rapeseed 4.13 4.40 4.34 4.49 4.49

10.03 Oil, Soybean 11.64 10.85 10.23 10.58 10.68


70.73 Total 70.49 74.88 75.31 78.11 78.22

none

Exports none

1.94 Oil, Coconut 1.58 1.73 1.69 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 1.00 0.99 0.99

47.39 Oil, Palm 43.74 48.91 50.15 51.74 51.74

3.23 Oil, Palm Kernel 3.02 3.08 3.19 3.24 3.24

0.26 Oil, Peanut 0.26 0.27 0.28 0.29 0.29

4.07 Oil, Rapeseed 4.17 4.53 4.61 4.67 4.70

11.12 Oil, Soybean 11.77 11.26 10.71 10.96 11.19


76.52 Total 73.58 81.13 81.25 83.71 83.97

none


3.29 Oil, Coconut 3.26 3.21 3.25 3.26 3.26

5.05 Oil, Cottonseed 4.40 4.38 5.02 5.18 5.18

2.65 Oil, Olive 2.81 2.59 2.86 3.00 3.00

58.20 Oil, Palm 58.89 61.55 65.17 68.07 68.07

7.21 Oil, Palm Kernel 6.81 7.15 7.55 7.86 7.86

5.43 Oil, Peanut 5.46 5.83 5.98 6.06 6.06

27.04 Oil, Rapeseed 28.30 29.10 29.07 29.51 29.49

47.78 Oil, Soybean 52.13 53.49 55.43 57.92 57.57


170.77 Total 177.31 183.96 191.42 198.63 198.25

none

Ending Stocks none

0.29 Oil, Coconut 0.38 0.34 0.45 0.56 0.56

0.22 Oil, Cottonseed 0.10 0.10 0.13 0.13 0.13

0.31 Oil, Olive 0.53 0.34 0.63 0.66 0.66

10.24 Oil, Palm 8.87 9.15 10.78 12.49 12.59

0.87 Oil, Palm Kernel 0.68 0.75 0.92 0.97 0.97

0.24 Oil, Peanut 0.24 0.32 0.29 0.18 0.26

5.91 Oil, Rapeseed 5.35 4.32 3.73 3.55 3.59

4.31 Oil, Soybean 3.58 3.48 3.37 3.23 3.67


25.00 Total 21.40 20.45 21.78 23.43 24.05



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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

116.03 United States 115.88 126.94 131.03 127.29 127.29

100.15 Brazil 99.02 117.59 122.70 120.68 121.75

66.26 Argentina 61.10 62.97 41.72 60.91 60.91

57.66 China 54.45 56.53 60.32 60.25 60.05

32.28 India 29.37 37.26 34.50 36.52 36.52

166.47 Other 162.86 175.68 182.66 188.07 187.43

538.84 Total 522.69 576.96 572.93 593.72 593.94

Imports none

83.15 China 87.93 98.42 102.18 108.98 108.98

17.35 European Union 20.14 19.28 19.91 19.89 20.19

5.73 Mexico 5.82 6.03 6.76 7.00 7.00

5.70 Japan 5.78 5.79 5.96 6.01 6.01

1.67 Pakistan 2.62 2.79 3.21 3.51 3.51

2.51 Thailand 2.91 3.18 3.26 3.33 3.33

2.25 Indonesia 2.52 3.00 3.06 3.22 3.22

3.12 Turkey 2.98 3.01 2.99 3.14 3.14

2.01 Egypt 1.37 2.18 2.91 2.97 2.97

2.24 Russia 2.65 2.60 2.61 2.66 2.66

17.86 Other 19.07 20.13 23.13 22.49 22.32

143.60 Total 153.79 166.40 175.96 183.19 183.32

Exports none

50.85 Brazil 54.65 63.37 74.92 72.59 73.23

51.12 United States 53.96 60.28 57.46 63.46 63.46

13.01 Canada 14.55 15.64 17.03 17.33 17.33

11.56 Argentina 11.21 7.88 4.37 8.87 8.87

4.62 Paraguay 5.41 6.13 6.26 5.91 5.91

4.43 Ukraine 3.89 4.13 4.85 5.20 5.10

2.92 Australia 2.23 3.42 2.69 3.29 3.39

8.67 Other 7.40 9.78 8.37 9.71 9.82

147.18 Total 153.29 170.63 175.94 186.35 187.10

Crush none

112.09 China 117.80 124.52 134.30 141.98 141.78

55.11 United States 55.06 56.26 59.12 58.88 59.02

47.84 European Union 46.74 46.97 48.73 48.93 48.93

43.39 Argentina 46.37 46.72 44.18 47.87 47.87

42.94 Brazil 41.85 42.91 46.10 46.26 46.41

25.15 India 22.70 27.61 26.83 28.43 28.43

13.08 Russia 13.59 15.40 15.85 17.10 17.20

11.45 Ukraine 12.93 15.58 14.75 16.30 16.30

10.25 Indonesia 10.02 10.98 11.58 11.95 11.95

9.15 Canada 10.32 11.14 11.15 11.30 11.30

6.41 Mexico 6.49 6.73 7.53 7.89 7.89

5.96 Pakistan 5.58 5.88 6.55 7.20 7.20

5.56 Malaysia 5.21 5.38 5.89 5.99 5.99

4.66 Japan 4.73 4.86 4.83 4.83 4.83

4.30 Turkey 3.68 4.05 4.46 4.70 4.70

43.01 Other 42.91 44.55 48.00 49.80 49.78

440.33 Total 445.96 469.52 489.83 509.38 509.56

Ending Stocks none

33.37 Argentina 32.81 37.94 29.52 30.36 30.29

19.21 Brazil 18.66 26.57 24.66 21.36 23.14

18.60 China 18.32 21.93 22.01 20.46 20.46

6.76 United States 6.87 9.60 15.83 13.15 12.36

3.02 Canada 2.34 1.65 2.85 3.00 3.00

13.65 Other 13.37 13.99 13.22 11.72 11.43

94.61 Total 92.37 111.67 108.09 100.05 100.68

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


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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

78.57 China 83.55 88.77 95.60 101.53 101.45

43.21 United States 42.78 43.11 45.66 45.42 45.60

32.29 Argentina 34.51 34.72 32.60 35.31 35.31

32.48 Brazil 31.74 32.84 34.87 34.99 35.06

30.63 European Union 30.16 30.17 31.26 31.38 31.38

83.78 Other 83.34 91.87 95.09 99.85 99.91

300.95 Total 306.09 321.48 335.07 348.48 348.71

Imports none

25.82 European Union 25.40 25.02 24.64 24.85 24.85

4.97 Vietnam 5.71 5.67 5.49 5.70 5.70

4.04 Indonesia 4.20 4.34 4.49 4.70 4.70

3.87 United States 4.08 3.92 3.79 3.79 3.79

3.65 Thailand 2.98 3.32 3.40 3.44 3.44

3.42 Korea, South 3.39 3.03 3.17 3.26 3.26

2.31 Japan 2.60 2.93 3.03 3.13 3.13

34.39 Other 34.72 36.61 36.89 38.16 38.21

82.49 Total 83.08 84.85 84.88 87.03 87.08

Exports none

29.19 Argentina 31.09 32.13 29.38 31.40 31.40

14.29 Brazil 15.41 13.76 15.60 15.50 15.50

12.14 United States 11.18 10.85 12.19 11.61 11.62

3.74 Ukraine 4.35 5.19 5.07 5.52 5.52

3.86 Canada 4.44 4.98 5.10 5.16 5.16

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

16.09 Other 13.77 14.39 14.03 13.71 13.74

86.18 Total 86.91 88.21 88.60 90.38 90.42


78.73 China 83.33 90.79 97.36 103.09 103.05

54.24 European Union 54.30 54.65 54.83 55.03 55.03

34.94 United States 35.69 36.06 37.33 37.60 37.77

16.88 Brazil 17.46 18.12 18.95 19.59 19.66

12.17 India 12.88 13.92 14.69 15.34 15.34

5.32 Russia 5.87 6.62 7.25 7.91 7.94

6.37 Mexico 6.97 7.06 7.44 7.71 7.71

5.85 Vietnam 6.47 6.84 7.04 7.24 7.24

5.54 Japan 5.87 6.29 6.41 6.46 6.46

5.32 Thailand 5.37 5.43 5.51 5.70 5.70

68.27 Other 68.90 72.84 76.12 79.56 79.57

293.63 Total 303.10 318.61 332.92 345.21 345.47

SME none

73.80 China 78.55 86.01 91.96 97.62 97.58

46.36 European Union 46.60 46.73 46.79 46.90 46.90

33.56 United States 34.28 34.63 35.99 36.20 36.37

16.64 Brazil 17.26 17.88 18.65 19.30 19.35

10.62 India 11.00 11.91 12.59 13.20 13.20

5.97 Mexico 6.57 6.66 6.99 7.22 7.22

5.63 Vietnam 6.23 6.55 6.76 6.96 6.96

75.22 Other 76.97 80.58 84.11 87.99 88.03

267.80 Total 277.47 290.96 303.83 315.38 315.61

Ending Stocks none

3.82 Brazil 2.72 3.71 4.06 3.99 3.99

4.26 Argentina 4.34 3.39 2.87 2.51 2.80

1.76 European Union 1.83 1.06 0.88 0.91 0.91

0.54 Indonesia 0.57 0.55 0.60 0.77 0.77

0.55 Malaysia 0.36 0.37 0.51 0.57 0.57

7.03 Other 7.30 7.53 6.14 5.96 5.91

17.96 Total 17.11 16.62 15.05 14.71 14.95

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


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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

37.78 Indonesia 36.68 41.10 43.83 45.97 45.97

25.04 China 26.27 27.45 29.32 30.84 30.81

22.27 Malaysia 19.85 21.13 22.95 23.51 23.51

18.08 European Union 18.42 18.07 19.13 19.25 19.25

10.94 United States 11.21 11.43 11.84 11.90 11.93

8.97 Argentina 9.69 9.82 9.41 10.11 10.11

8.65 Brazil 8.46 8.82 9.35 9.41 9.43

45.46 Other 46.21 51.44 52.86 55.22 55.26

177.18 Total 176.79 189.27 198.68 206.21 206.28

Imports none

14.14 India 15.11 15.43 16.37 17.74 17.84

9.88 European Union 9.97 10.91 9.80 9.84 9.84

8.63 China 7.77 8.00 7.67 7.77 7.77

4.23 United States 4.53 4.73 5.08 5.12 5.12

2.98 Pakistan 2.91 3.28 3.23 3.36 3.36

1.79 Bangladesh 2.15 2.15 2.38 2.55 2.55

2.25 Egypt 2.04 2.16 2.06 2.08 2.08

0.87 Philippines 1.05 1.30 1.21 1.31 1.31

1.53 Turkey 1.41 1.50 1.28 1.30 1.30

1.14 Iran 0.99 1.27 1.23 1.25 1.25

23.30 Other 22.55 24.15 25.00 25.80 25.80

70.73 Total 70.49 74.88 75.31 78.11 78.22

Exports none

28.51 Indonesia 25.19 29.86 30.32 31.52 31.52

18.84 Malaysia 17.85 17.46 18.45 18.70 18.70

5.72 Argentina 6.41 6.28 5.56 5.95 6.18

4.12 Ukraine 4.81 6.11 5.54 6.03 6.03

2.54 Canada 2.93 3.32 3.34 3.26 3.26

2.23 Russia 2.23 2.98 3.05 3.14 3.18

2.48 European Union 2.48 2.42 2.30 2.47 2.47

12.08 Other 11.66 12.69 12.71 12.64 12.64

76.52 Total 73.58 81.13 81.25 83.71 83.97


33.66 China 34.88 36.10 37.33 38.56 38.53

25.81 European Union 26.06 26.39 26.34 26.52 26.52

19.88 India 21.02 22.17 23.42 24.79 24.67

13.68 United States 14.57 14.72 15.37 15.84 15.84

9.90 Indonesia 11.35 11.86 12.44 13.33 13.33

7.52 Brazil 7.54 7.92 8.34 8.46 8.49

4.56 Malaysia 4.53 4.29 4.81 5.16 5.16

4.15 Pakistan 4.25 4.45 4.67 4.87 4.87

3.11 Argentina 3.56 3.71 3.94 4.17 3.91

3.24 Russia 3.31 3.40 3.49 3.62 3.62

2.49 Thailand 2.44 2.77 3.09 3.26 3.26

2.56 Mexico 2.65 2.77 2.93 3.04 3.04

2.08 Bangladesh 2.37 2.49 2.74 2.93 2.93

2.48 Egypt 2.47 2.50 2.55 2.61 2.61

2.36 Japan 2.36 2.42 2.49 2.55 2.55

33.32 Other 33.95 36.00 37.47 38.91 38.91

170.77 Total 177.31 183.96 191.42 198.63 198.25

Ending Stocks none

3.02 Indonesia 3.20 2.63 3.74 4.90 4.90

3.00 Malaysia 1.83 2.29 3.25 4.09 4.09

5.20 China 4.25 3.44 2.87 2.71 2.71

1.86 European Union 1.70 1.86 2.15 2.25 2.25

1.93 India 1.73 1.90 1.47 1.09 1.61

10.00 Other 8.70 8.34 8.30 8.40 8.50

25.00 Total 21.40 20.45 21.78 23.43 24.05

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


Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

97,200 Brazil 96,500 114,600 119,000 117,000 118,000

106,878 United States 106,857 116,920 119,518 116,483 116,483

61,400 Argentina 56,800 57,800 37,000 56,000 56,000

12,154 China 11,785 12,900 14,200 14,100 14,100

8,711 India 6,929 11,000 9,000 10,800 10,800

8,154 Paraguay 9,217 10,200 10,000 9,800 9,800

6,045 Canada 6,456 6,597 8,000 7,800 7,800

19,365 Other 19,031 20,824 19,981 22,557 22,257

319,907 Total 313,575 350,841 336,699 354,540 355,240

Imports none

78,350 China 83,230 93,495 97,000 103,000 103,000

13,914 European Union 15,120 13,422 14,100 14,200 14,200

3,819 Mexico 4,126 4,126 4,400 4,650 4,650

3,004 Japan 3,186 3,175 3,250 3,250 3,250

2,411 Thailand 2,798 3,077 3,150 3,225 3,225

1,947 Egypt 1,300 2,115 2,800 2,900 2,900

2,006 Indonesia 2,274 2,649 2,700 2,850 2,850

2,520 Taiwan 2,476 2,566 2,550 2,550 2,550

2,197 Turkey 2,283 2,271 2,300 2,500 2,500

1,986 Russia 2,336 2,221 2,350 2,400 2,400

12,208 Other 14,204 15,207 18,358 18,019 17,844

124,362 Total 133,333 144,324 152,958 159,544 159,369

Exports none

50,612 Brazil 54,383 63,137 74,650 72,300 72,950

50,143 United States 52,860 59,157 56,200 62,324 62,324

10,575 Argentina 9,922 7,026 3,500 8,000 8,000

4,576 Paraguay 5,400 6,129 6,250 5,900 5,900

3,763 Canada 4,236 4,591 5,500 5,800 5,800

6,548 Other 5,705 7,502 6,013 7,499 7,399

126,217 Total 132,506 147,542 152,113 161,823 162,373

Crush none

74,500 China 81,500 88,000 95,000 102,000 102,000

50,975 United States 51,335 51,742 54,839 54,295 54,431

40,235 Argentina 43,267 43,303 40,300 44,000 44,000

40,435 Brazil 39,747 40,411 43,000 43,200 43,200

14,450 European Union 14,950 14,400 14,900 14,900 14,900

7,700 India 5,500 9,000 8,200 9,100 9,100

3,600 Russia 4,000 4,400 4,650 5,100 5,100

4,175 Mexico 4,400 4,600 4,870 5,050 5,050

3,700 Paraguay 3,800 3,750 3,700 3,950 3,950

1,950 Egypt 1,150 2,200 2,600 3,000 3,000

1,450 Iran 1,950 2,050 2,300 2,420 2,420

2,450 Bolivia 2,550 2,050 2,550 2,350 2,350

2,150 Japan 2,283 2,392 2,350 2,300 2,300

500 Pakistan 1,250 1,680 2,000 2,300 2,300

1,980 Taiwan 1,980 2,045 2,080 2,100 2,100

14,560 Other 15,362 15,293 16,306 17,272 17,272

264,810 Total 275,024 287,316 299,645 313,337 313,473

Ending Stocks none

31,700 Argentina 31,600 36,220 28,150 29,685 29,060

19,078 Brazil 18,558 26,462 24,500 21,200 23,000

17,009 China 16,910 20,391 20,641 19,191 19,191

5,188 United States 5,354 8,208 13,750 11,293 10,476

843 European Union 1,559 1,131 1,073 1,173 1,173

4,096 Other 4,406 4,965 4,372 4,161 4,121

77,914 Total 78,387 97,377 92,486 86,703 87,021

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

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


Table 08: Soybean Meal: World Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

59,004 China 64,548 69,696 75,240 80,784 80,784

40,880 United States 40,525 40,630 43,272 42,864 43,046

30,928 Argentina 33,211 33,280 30,950 33,660 33,660

31,300 Brazil 30,750 31,660 33,400 33,553 33,553

11,416 European Union 11,811 11,376 11,771 11,771 11,771

6,160 India 4,400 7,200 6,560 7,280 7,280

2,837 Russia 3,152 3,467 3,664 4,019 4,019

25,997 Other 27,465 28,563 30,791 32,428 32,428

208,522 Total 215,862 225,872 235,648 246,359 246,541

Imports none

19,623 European Union 19,207 18,924 18,500 18,500 18,500

4,311 Vietnam 5,094 4,945 4,800 5,000 5,000

3,902 Indonesia 4,103 4,245 4,400 4,600 4,600

3,068 Thailand 2,433 2,782 2,850 2,880 2,880

2,204 Philippines 2,618 2,660 2,750 2,850 2,850

1,795 Mexico 2,367 1,991 2,100 2,100 2,100

1,751 Korea, South 2,118 1,764 1,800 1,900 1,900

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 19,600 18,887 19,128 20,054 20,054

60,685 Total 61,758 60,530 60,928 62,534 62,534

Exports none

28,575 Argentina 30,333 31,323 28,500 30,500 30,500

14,290 Brazil 15,407 13,762 15,600 15,500 15,500

11,891 United States 10,844 10,524 11,884 11,249 11,249

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 4,639 5,218 4,591 4,439 4,439

64,404 Total 65,501 64,498 64,695 65,818 65,818


57,467 China 62,663 68,646 74,270 79,814 79,814

29,282 United States 30,044 30,299 31,933 31,933 32,115

30,142 European Union 30,742 30,342 30,042 29,942 29,942

15,700 Brazil 16,470 16,943 17,480 18,150 18,150

4,750 Vietnam 5,470 5,740 5,960 6,120 6,120

5,050 Mexico 5,700 5,770 5,930 6,080 6,080

4,500 India 4,460 4,857 5,390 5,900 5,900

4,000 Indonesia 4,100 4,254 4,450 4,600 4,600

4,100 Thailand 4,230 4,232 4,300 4,450 4,450

2,700 Russia 3,100 3,250 3,600 4,000 4,000

3,365 Japan 3,458 3,420 3,463 3,390 3,390

3,000 Iran 3,080 3,180 3,280 3,380 3,380

2,650 Egypt 2,850 2,980 3,150 3,350 3,350

2,402 Argentina 2,672 2,853 3,000 3,200 3,200

2,400 Philippines 2,600 2,720 2,850 2,950 2,950

30,054 Other 31,319 32,537 33,992 35,963 35,983

201,562 Total 212,958 222,023 233,090 243,222 243,424

Ending Stocks none

3,812 Brazil 2,710 3,700 4,050 3,983 3,983

4,025 Argentina 4,231 3,335 2,785 2,450 2,745

860 European Union 832 456 365 394 394

236 United States 239 363 272 272 272

270 Vietnam 550 493 305 255 255

4,849 Other 4,651 4,747 4,108 4,070 4,069

14,052 Total 13,213 13,094 11,885 11,424 11,718

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

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

March/February MY.


Table 09: Soybean Oil: World Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

13,347 China 14,605 15,770 17,024 18,278 18,278

9,706 United States 9,956 10,035 10,501 10,451 10,478

7,687 Argentina 8,433 8,395 7,800 8,510 8,510

7,759 Brazil 7,627 7,850 8,250 8,290 8,290

2,746 European Union 2,841 2,736 2,831 2,831 2,831

1,386 India 990 1,620 1,475 1,635 1,635

645 Russia 717 788 833 914 914

6,025 Other 6,360 6,594 7,093 7,440 7,440

49,301 Total 51,529 53,788 55,807 58,349 58,376

Imports none

2,815 India 4,269 3,534 3,345 3,550 3,650

508 Bangladesh 639 830 780 800 800

631 Algeria 732 667 720 760 760

432 Morocco 465 497 500 515 515

395 Peru 382 449 400 435 435

304 Colombia 372 352 355 375 375

773 China 586 711 450 350 350

257 Korea, South 250 306 290 310 310

480 Egypt 674 246 300 300 300

421 Iran 299 257 280 295 295

3,018 Other 2,970 3,002 2,814 2,891 2,891

10,034 Total 11,638 10,851 10,234 10,581 10,681

Exports none

5,094 Argentina 5,698 5,387 4,675 5,100 5,325

1,510 Brazil 1,550 1,241 1,480 1,325 1,325

914 United States 1,017 1,160 1,089 953 953

1,010 European Union 915 831 750 800 800

699 Paraguay 709 680 670 710 710

423 Russia 431 529 550 600 600

392 Bolivia 444 236 380 340 340

1,073 Other 1,005 1,191 1,119 1,133 1,133

11,115 Total 11,769 11,255 10,713 10,961 11,186


14,200 China 15,350 16,350 17,300 18,450 18,450

8,600 United States 9,145 9,009 9,344 9,661 9,661

6,265 Brazil 6,330 6,610 6,890 6,980 6,980

4,100 India 5,250 5,200 5,000 5,200 5,100

2,401 Argentina 2,840 2,985 3,205 3,418 3,168

2,040 European Union 2,285 2,205 2,225 2,245 2,245

961 Mexico 1,020 1,100 1,100 1,125 1,125

668 Bangladesh 785 1,005 990 1,029 1,029

752 Egypt 960 610 720 800 800

640 Algeria 700 710 710 750 750

660 Iran 680 700 710 720 720

242 Pakistan 415 475 495 525 525

450 Morocco 480 470 495 515 515

435 Korea, South 440 460 470 495 495

385 Colombia 425 440 450 460 460

4,976 Other 5,028 5,158 5,329 5,544 5,544

47,775 Total 52,133 53,487 55,433 57,917 57,567

Ending Stocks none

841 United States 765 776 987 833 987

778 China 523 536 540 568 568

471 India 477 430 248 128 428

198 European Union 164 149 250 286 286

385 Brazil 197 256 196 241 241

1,640 Other 1,452 1,328 1,149 1,173 1,164

4,313 Total 3,578 3,475 3,370 3,229 3,674

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

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


Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Exports

North America 10,829 12,198 11,564 1,359 1,253 1,107 63,748 61,700 68,124

Canada (Aug-Jul) 292 300 300 175 160 150 4,591 5,500 5,800

United States (Sep-Aug) 10,524 11,884 11,249 1,160 1,089 953 59,157 56,200 62,324

South America 48,766 48,231 50,150 7,555 7,217 7,712 79,527 86,077 89,803

Argentina (Oct-Sep) 31,323 28,500 30,500 5,387 4,675 5,325 7,026 3,500 8,000

Brazil (Oct-Sep) 13,762 15,600 15,500 1,241 1,480 1,325 63,137 74,650 72,950

Paraguay (Jan-Dec) 2,407 2,430 2,580 680 670 710 6,129 6,250 5,900

South Asia 2,024 1,507 1,408 1 2 5 269 270 300

India (Oct-Sep) 2,011 1,500 1,400 1 2 5 269 270 300

Other 2,879 2,759 2,696 2,340 2,241 2,362 3,998 4,066 4,146

World Total 64,498 64,695 65,818 11,255 10,713 11,186 147,542 152,113 162,373

Imports

European Union (Oct-Sep) 18,924 18,500 18,500 285 245 250 13,422 14,100 14,200

East Asia 3,502 3,550 3,655 1,144 862 793 100,525 104,102 110,132

China (Oct-Sep) 61 30 30 711 450 350 93,495 97,000 103,000

Japan (Oct-Sep) 1,621 1,650 1,650 5 5 5 3,175 3,250 3,250

Korea, South (Oct-Sep) 1,764 1,800 1,900 306 290 310 1,286 1,300 1,330

Taiwan (Oct-Sep) 33 38 42 0 0 0 2,566 2,550 2,550

Southeast Asia 16,085 16,351 16,856 273 266 288 8,409 8,720 9,206

Indonesia (Oct-Sep) 4,245 4,400 4,600 23 23 23 2,649 2,700 2,850

Malaysia (Oct-Sep) 1,427 1,525 1,500 138 120 120 768 850 880

Philippines (Jan-Dec) 2,660 2,750 2,850 56 45 47 249 200 230

Thailand (Sep-Aug) 2,782 2,850 2,880 8 8 8 3,077 3,150 3,225

Vietnam (Jan-Dec) 4,945 4,800 5,000 30 50 70 1,646 1,800 2,000

North America 3,129 3,454 3,398 423 393 391 5,217 5,560 5,810

Canada (Aug-Jul) 821 900 980 23 25 25 486 480 480

Mexico (Sep-Aug) 1,991 2,100 2,100 255 225 230 4,126 4,400 4,650

South America 4,878 5,160 5,451 1,251 1,189 1,279 3,053 4,685 3,255

Brazil (Oct-Sep) 35 30 30 60 60 60 252 225 225

Colombia (Oct-Sep) 1,284 1,425 1,500 352 355 375 561 550 575

Central America 1,165 1,218 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 4,490 5,010 345 398 410 5,222 5,615 5,990

Iran (Oct-Sep) 1,507 1,370 1,450 257 280 295 1,904 2,150 2,270

Israel (Oct-Sep) 154 165 175 10 10 10 374 425 430

Syria (Jan-Dec) 20 25 35 0 1 1 3 15 15

Turkey (Oct-Sep) 790 670 730 0 0 0 2,271 2,300 2,500

North Africa 3,135 3,250 3,210 1,560 1,660 1,705 2,653 3,520 3,690

Egypt (Oct-Sep) 1,053 1,100 1,000 246 300 300 2,115 2,800 2,900

Other 3,755 3,903 4,098 5,049 4,735 5,064 5,335 6,154 6,560

World Total 60,530 60,928 62,534 10,851 10,234 10,681 144,324 152,958 159,369


Table 11: Palm Oil: World Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

Production none

33,000 Indonesia 32,000 36,000 38,500 40,500 40,500

19,879 Malaysia 17,700 18,858 20,500 21,000 21,000

2,068 Thailand 1,804 2,500 2,700 2,900 2,900

1,110 Colombia 1,275 1,147 1,250 1,350 1,350

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 69,721 72,579 72,579

Imports none

9,139 India 8,860 9,341 10,600 11,500 11,500

6,935 European Union 6,636 7,224 6,500 6,500 6,500

5,696 China 4,689 4,881 4,900 4,950 4,950

2,826 Pakistan 2,720 3,075 3,100 3,250 3,250

1,280 Bangladesh 1,511 1,314 1,600 1,750 1,750

1,143 United States 1,307 1,367 1,680 1,600 1,600

1,489 Egypt 1,038 1,323 1,200 1,200 1,200

792 Philippines 941 1,165 1,100 1,200 1,200

854 Russia 933 849 900 900 900

715 Vietnam 727 792 820 840 840

13,602 Other 13,008 14,152 14,827 15,348 15,348

44,471 Total 42,370 45,483 47,227 49,038 49,038

Exports none

25,964 Indonesia 22,906 27,633 28,000 29,200 29,200

17,378 Malaysia 16,621 16,301 17,250 17,500 17,500

453 Guatemala 614 718 710 712 712

607 Papua New Guinea 575 663 635 640 640

500 Benin 460 520 560 550 550

2,487 Other 2,566 3,072 2,993 3,138 3,138

47,389 Total 43,742 48,907 50,148 51,740 51,740


9,150 India 9,100 9,550 10,800 11,720 11,720

7,520 Indonesia 8,870 9,070 9,450 10,130 10,130

6,900 European Union 6,600 6,800 6,550 6,450 6,450

5,700 China 4,800 4,830 4,850 4,900 4,900

2,941 Malaysia 2,990 2,685 3,117 3,425 3,425

2,738 Pakistan 2,795 2,995 3,145 3,245 3,245

1,925 Thailand 1,835 2,172 2,440 2,590 2,590

1,275 Bangladesh 1,411 1,314 1,570 1,725 1,725

1,092 United States 1,269 1,355 1,662 1,580 1,580

811 Philippines 930 1,225 1,250 1,320 1,320

1,410 Nigeria 1,320 1,240 1,260 1,290 1,290

1,350 Egypt 1,100 1,300 1,230 1,200 1,200

943 Colombia 940 952 978 985 985

810 Russia 850 850 870 870 870

674 Vietnam 755 806 827 837 837

12,961 Other 13,327 14,401 15,171 15,805 15,805

58,200 Total 58,892 61,545 65,170 68,072 68,072

Ending Stocks none

2,734 Indonesia 2,958 2,260 3,310 4,480 4,480

2,641 Malaysia 1,546 2,016 2,899 3,674 3,674

539 India 499 490 490 370 470

335 Thailand 293 323 348 373 373

456 European Union 344 630 440 350 350

3,535 Other 3,226 3,433 3,295 3,245 3,240

10,240 Total 8,866 9,152 10,782 12,492 12,587


Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

China (Oct-Sep) 10,771 11,009 11,307 7,059 7,215 7,410 14,546 14,400 14,200

India (Oct-Sep) 3,460 3,050 3,250 2,200 1,950 2,070 7,091 5,850 6,500

Canada (Aug-Jul) 5,200 5,200 5,285 4,020 4,020 4,085 19,599 21,500 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 14,250 14,535 10,199 10,450 10,659 20,545 22,166 21,800

Other 5,199 5,738 6,037 3,661 4,038 4,243 9,547 10,364 11,477

World Total 39,893 40,607 41,804 28,200 28,748 29,562 71,332 74,284 75,081

Imports

China (Oct-Sep) 875 1,150 1,000 802 700 700 4,260 4,550 5,300

India (Oct-Sep) 0 0 0 317 370 380 0 0 0

Canada (Aug-Jul) 25 23 25 54 25 30 95 100 100

Japan (Oct-Sep) 8 7 7 15 18 10 2,392 2,450 2,500

European Union (Jul-Jun) 219 185 200 153 150 150 4,224 4,350 4,500

Other 4,769 4,588 4,781 3,061 3,074 3,216 4,673 5,011 5,115

World Total 5,896 5,953 6,013 4,402 4,337 4,486 15,644 16,461 17,515

Exports

China (Oct-Sep) 12 15 15 18 20 20 0 0 0

India (Oct-Sep) 414 400 450 3 3 3 0 0 0

Canada (Aug-Jul) 4,681 4,800 4,850 3,133 3,170 3,100 11,022 11,500 11,500

Japan (Oct-Sep) 7 5 5 1 1 1 0 0 0

European Union (Jul-Jun) 511 425 400 344 275 350 319 125 200

Other 408 429 536 1,028 1,137 1,226 4,458 5,024 5,990

World Total 6,033 6,074 6,256 4,527 4,606 4,700 15,799 16,649 17,690

Domestic Consumption

China (Oct-Sep) 11,634 12,144 12,292 8,700 8,500 8,300 18,700 19,100 19,600

India (Oct-Sep) 2,890 2,800 2,800 2,480 2,405 2,460 6,850 6,070 6,500

Canada (Aug-Jul) 539 450 465 956 995 1,045 9,340 9,248 9,400

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 14,050 14,300 10,150 10,200 10,350 25,350 25,980 26,490

Other 9,570 9,850 10,294 5,740 5,888 6,234 9,408 10,239 10,765

World Total 39,860 40,666 41,551 29,104 29,069 29,491 72,090 73,092 75,260

Ending Stocks

China (Oct-Sep) 0 0 0 2,676 2,071 1,861 1,346 1,196 1,096

India (Oct-Sep) 401 251 251 331 243 230 710 490 490

Canada (Aug-Jul) 102 75 70 485 365 335 1,348 2,200 2,500

Japan (Oct-Sep) 59 49 41 27 38 40 21 20 19

European Union (Jul-Jun) 274 234 269 383 508 617 985 1,396 1,006

Other 155 202 190 418 505 504 1,250 1,362 1,199

World Total 991 811 821 4,320 3,730 3,587 5,660 6,664 6,310


Table 13: Sunflowerseed and Products: World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

Argentina (Mar-Feb) 3,550 3,500 3,500 1,270 1,452 1,452 1,288 1,465 1,465

Russia (Sep-Aug) 10,858 10,362 11,500 4,146 4,105 4,433 4,171 4,130 4,460

Turkey (Sep-Aug) 1,320 1,550 1,580 963 1,100 1,100 761 890 890

Ukraine (Sep-Aug) 15,200 13,700 15,500 6,030 5,658 6,298 6,351 5,891 6,558

European Union (Oct-Sep) 8,598 9,679 9,100 4,266 4,590 4,428 3,338 3,591 3,465

Other 8,441 8,509 8,667 2,654 2,824 2,935 2,256 2,387 2,479

World Total 47,967 47,300 49,847 19,329 19,729 20,646 18,165 18,354 19,317

Imports

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

Russia (Sep-Aug) 107 50 50 11 40 20 18 30 20

Turkey (Sep-Aug) 591 650 600 958 950 980 793 525 500

Ukraine (Sep-Aug) 24 25 20 1 7 0 0 2 2

European Union (Oct-Sep) 697 500 500 3,708 3,800 4,000 1,834 1,450 1,500

Other 754 976 920 2,268 2,452 2,593 6,251 6,095 6,615

World Total 2,173 2,201 2,090 6,946 7,249 7,593 8,896 8,102 8,637

Exports

Argentina (Mar-Feb) 75 75 75 789 825 850 770 765 735

Russia (Sep-Aug) 368 120 200 1,300 1,350 1,250 2,178 2,150 2,200

Turkey (Sep-Aug) 47 60 60 4 3 5 635 350 350

Ukraine (Sep-Aug) 191 50 50 4,807 4,650 5,100 5,851 5,300 5,800

European Union (Oct-Sep) 353 500 350 275 325 300 459 480 490

Other 1,406 1,504 1,496 261 250 234 509 495 477

World Total 2,440 2,309 2,231 7,436 7,403 7,739 10,402 9,540 10,052


Argentina (Mar-Feb) 3,130 3,560 3,556 540 600 620 707 712 727

Russia (Sep-Aug) 10,580 10,460 11,260 2,850 2,950 3,200 2,055 2,090 2,195

Turkey (Sep-Aug) 1,862 2,122 2,132 1,850 2,080 2,080 980 1,020 1,040

Ukraine (Sep-Aug) 14,780 13,890 15,450 1,300 1,200 1,250 600 615 635

European Union (Oct-Sep) 8,990 9,610 9,330 7,860 8,110 8,160 4,560 4,490 4,490

Other 7,645 7,926 8,252 4,700 5,022 5,309 7,764 8,165 8,675

World Total 46,987 47,568 49,980 19,100 19,962 20,619 16,666 17,092 17,762

Ending Stocks

Argentina (Mar-Feb) 1,241 1,106 975 45 72 54 26 14 17

Russia (Sep-Aug) 344 176 266 352 197 200 234 154 239

Turkey (Sep-Aug) 49 67 55 150 117 112 31 76 76

Ukraine (Sep-Aug) 421 206 226 434 249 197 105 83 208


Other 712 767 606 124 128 113 952 774 716

World Total 3,367 2,991 2,717 1,433 1,046 927 1,659 1,483 1,623


Table 14: Minor Vegetable Oils: World Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

China (Oct-Sep) 2,896 3,008 3,064 1,115 1,382 1,339 5 5 5

India (Oct-Sep) 1,238 1,188 1,200 1,160 1,275 1,320 nr nr nr

Turkey (Nov-Oct) 7 7 7 187 232 250 177 280 250

United States (Aug-Jul) 129 109 124 246 252 268 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 1,907 1,995 540 767 636

World Total 5,942 6,000 6,081 4,414 5,092 5,216 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



Other 24 23 23 45 44 42 318 328 346

World Total 226 235 230 46 47 45 788 876 874

Exports

China (Oct-Sep) 8 8 8 2 5 5 0 0 0


Turkey (Nov-Oct) 0 0 0 1 2 2 48 60 90



Other 235 249 249 23 32 32 193 298 221

World Total 265 284 286 73 89 84 880 1,000 991


China (Oct-Sep) 2,999 3,110 3,166 1,113 1,377 1,334 49 51 53

India (Oct-Sep) 1,165 1,198 1,210 1,165 1,265 1,315 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 234 246 145 160 165


European Union (Oct-Sep) 80 77 77 36 45 45 1,370 1,570 1,670

Other 1,439 1,452 1,458 1,687 1,898 2,013 702 748 771

World Total 5,830 5,978 6,060 4,384 5,020 5,178 2,585 2,855 2,995

Ending Stocks

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


Turkey (Nov-Oct) 0 0 0 5 1 3 23 83 78



Other 89 86 75 47 68 60 141 190 180

World Total 317 290 255 104 134 133 337 626 661


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

405.69 31.4882.89552.8780.8366.35223.39 2006/07 394.62 75.37

391.40 31.7091.76557.2290.4575.37219.53 2007/08 402.62 62.84

398.83 33.6094.15556.2294.5562.84230.41 2008/09 404.80 57.27

447.32 34.79107.61607.19102.6057.27235.76 2009/10 425.38 74.20

460.97 36.32108.32640.21105.0374.20245.60 2010/11 446.97 84.92

447.40 36.47110.98645.46113.1584.92248.93 2011/12 466.96 67.52

475.67 36.66118.12657.97114.7867.52256.89 2012/13 470.61 69.24

504.75 37.62133.77707.55133.5669.24260.94 2013/14 494.34 79.45

538.84 38.81147.18761.89143.6079.45267.05 2014/15 520.10 94.61

522.69 39.79153.29771.09153.7994.61264.99 2015/16 525.44 92.37

576.96 41.88170.63835.72166.4092.37268.02 2016/17 553.42 111.67

572.93 43.40175.94860.56175.96111.67277.71 2017/18 576.53 108.09

593.94 44.40187.10885.35183.32108.09283.29 2018/19 597.56 100.68

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 2010/11 252.02 12.94

267.76 0.4081.12359.9179.2112.94nr 2011/12 264.16 14.63

269.71 0.4379.38359.1074.7614.63nr 2012/13 266.93 12.79

283.25 0.4483.31376.4080.3612.79nr 2013/14 278.76 14.33

300.95 0.4586.18397.7782.4914.33nr 2014/15 293.63 17.96

306.09 0.4886.91407.1283.0817.96nr 2015/16 303.10 17.11

321.48 0.5988.21423.4384.8517.11nr 2016/17 318.61 16.62

335.07 0.6688.60436.5784.8816.62nr 2017/18 332.92 15.05

348.71 0.6890.42450.8487.0815.05nr 2018/19 345.47 14.95

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

158.29 116.0964.85239.4461.7819.3818.47 2011/12 151.86 22.73

161.58 121.5568.34249.5565.2322.7319.12 2012/13 158.93 22.27

171.90 126.0570.26261.1166.9422.2719.98 2013/14 166.47 24.38

177.18 131.0176.52272.2970.7324.3820.81 2014/15 170.77 25.00

176.79 135.3473.58272.2870.4925.0021.72 2015/16 177.31 21.40

189.27 140.4881.13285.5474.8821.4022.38 2016/17 183.96 20.45

198.68 145.8081.25294.4575.3120.4523.20 2017/18 191.42 21.78

206.28 151.2783.97306.2778.2221.7823.64 2018/19 198.25 24.05

Based on the aggregate of different marketing years


Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

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

240.38 229.0891.77404.8694.5569.93102.90 2011/12 259.31 53.77

268.47 231.74100.36419.4497.2053.77110.02 2012/13 263.13 55.94

282.71 242.78112.72451.72113.0755.94112.63 2013/14 276.53 62.47

319.91 264.81126.22506.74124.3662.47118.38 2014/15 302.61 77.91

313.58 275.02132.51524.82133.3377.91120.32 2015/16 313.93 78.39

350.84 287.32147.54573.55144.3278.39120.13 2016/17 328.63 97.38

336.70 299.65152.11587.03152.9697.38124.38 2017/18 342.44 92.49

355.24 313.47162.37607.10159.3792.49128.34 2018/19 357.70 87.02

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

180.86 229.1958.71247.1957.029.31nr 2011/12 177.72 10.76

182.19 231.8858.39247.0254.0710.76nr 2012/13 178.79 9.84

190.39 242.9460.65258.0057.779.84nr 2013/14 186.54 10.81

208.52 265.0064.40280.0260.6910.81nr 2014/15 201.56 14.05

215.86 275.2665.50291.6761.7614.05nr 2015/16 212.96 13.21

225.87 287.6264.50299.6260.5313.21nr 2016/17 222.02 13.09

235.65 300.0964.70309.6760.9313.09nr 2017/18 233.09 11.89

246.54 314.0165.82320.9662.5311.89nr 2018/19 243.42 11.72

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

42.80 229.088.5355.178.004.37nr 2011/12 42.46 4.19

43.32 231.749.3356.028.514.19nr 2012/13 42.58 4.11

45.22 242.789.4258.609.274.11nr 2013/14 45.31 3.87

49.30 264.8111.1263.2010.033.87nr 2014/15 47.78 4.31

51.53 275.0211.7767.4811.644.31nr 2015/16 52.13 3.58

53.79 287.3211.2668.2210.853.58nr 2016/17 53.49 3.48

55.81 299.6510.7169.5210.233.48nr 2017/18 55.43 3.37

58.38 313.4711.1972.4310.683.37nr 2018/19 57.57 3.67

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


Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

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 70.86 6.57

71.33 0.7015.8093.5515.646.5734.09 2016/17 72.09 5.66

74.28 0.6016.6596.4116.465.6635.76 2017/18 73.09 6.66

75.08 0.6517.6999.2617.526.6636.79 2018/19 75.26 6.31

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

39.89 0.006.0346.885.901.10nr 2016/17 39.86 0.99

40.61 0.006.0747.555.950.99nr 2017/18 40.67 0.81

41.80 0.006.2648.636.010.81nr 2018/19 41.55 0.82

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 16.483.9830.884.081.97nr 2011/12 23.85 3.05

25.62 16.973.9532.603.933.05nr 2012/13 24.23 4.43

27.21 18.173.8335.453.824.43nr 2013/14 26.08 5.54

27.53 18.884.0737.023.955.54nr 2014/15 27.04 5.91

27.78 19.944.1737.824.135.91nr 2015/16 28.30 5.35

28.20 20.544.5337.954.405.35nr 2016/17 29.10 4.32

28.75 20.444.6137.414.344.32nr 2017/18 29.07 3.73

29.56 20.774.7037.784.493.73nr 2018/19 29.49 3.59

Based on the aggregate of different marketing years.


Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

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

39.17 2.9039.481.661.563.3023.10 2014/15

40.54 2.6540.642.011.872.9023.40 2015/16

47.97 3.3746.992.442.172.6525.41 2016/17

47.30 2.9947.572.312.203.3725.57 2017/18

49.85 2.7249.982.232.092.9926.21 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

16.16 1.6615.585.875.531.42nr 2014/15

16.50 1.6916.186.235.951.66nr 2015/16

19.33 1.4319.107.446.951.69nr 2016/17

19.73 1.0519.967.407.251.43nr 2017/18

20.65 0.9320.627.747.591.05nr 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 2.9614.147.786.962.30nr 2013/14

14.96 2.6014.117.386.182.96nr 2014/15

15.38 1.6715.238.107.022.60nr 2015/16

18.17 1.6616.6710.408.901.67nr 2016/17

18.35 1.4817.099.548.101.66nr 2017/18

19.32 1.6217.7610.058.641.48nr 2018/19

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


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

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

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 9.45

41.80 40.1514.5543.08107.6356.379.45 2012/13 55.35 9.20

41.64 40.8415.8143.23110.1359.289.20 2013/14 57.29 9.61

44.47 43.0714.4347.39115.8361.759.61 2014/15 58.20 10.24

42.37 42.3115.8943.74111.5058.8910.24 2015/16 58.89 8.87

45.48 44.4916.3448.91119.6065.268.87 2016/17 61.55 9.15

47.23 47.1417.2650.15126.1069.729.15 2017/18 65.17 10.78

49.04 49.2718.0051.74132.4072.5810.78 2018/19 68.07 12.59

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 1.691.551.585.223.320.29 2015/16 3.26 0.38

1.50 1.611.561.735.273.390.38 2016/17 3.21 0.34

1.50 1.621.601.695.383.540.34 2017/18 3.25 0.45

1.47 1.621.611.695.513.600.45 2018/19 3.26 0.56

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 0.000.052.538.224.880.27 2016/17 5.44 0.25

2.44 0.000.052.267.314.630.25 2017/18 4.78 0.27

2.45 0.000.052.327.334.600.27 2018/19 4.79 0.22

Based on the aggregate of different marketing years.


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


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Major Oilseeds

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 55,11151,116121,8331,8513,95338,983 2014/15 63,961 6,756

115,879 55,05553,959123,7651,1306,75638,398 2015/16 62,938 6,868

126,935 56,25760,278135,3021,4996,86839,245 2016/17 65,423 9,601

131,033 59,12257,457142,1141,4809,60142,797 2017/18 68,823 15,834

127,292 59,02463,461144,5411,41515,83442,147 2018/19 68,718 12,362

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 56,25710,84647,3103,924275nr 2016/17 36,056 408

45,658 59,12212,19149,8513,785408nr 2017/18 37,331 329

45,604 59,02411,62249,7223,789329nr 2018/19 37,771 329

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 56,2571,41617,3654,7291,2020 2016/17 14,718 1,231

11,835 59,1221,34518,1505,0841,2310 2017/18 15,372 1,433

11,928 59,0241,20518,4785,1171,4330 2018/19 15,842 1,431

Based on the aggregate of different marketing years


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


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

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 50,97550,143110,2869042,50433,423 2014/15 54,955 5,188

106,857 51,33552,860112,6866415,18833,076 2015/16 54,472 5,354

116,920 51,74259,157122,8796055,35433,466 2016/17 55,514 8,208

119,518 54,83956,200128,4066808,20836,228 2017/18 58,456 13,750

116,483 54,43162,324130,91368013,75035,693 2018/19 58,113 10,476

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 51,74210,52441,186317239nr 2016/17 30,299 363

43,272 54,83911,88444,089454363nr 2017/18 31,933 272

43,046 54,43111,24943,636318272nr 2018/19 32,115 272

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 51,7421,16010,945145765nr 2016/17 9,009 776

10,501 54,8391,08911,420143776nr 2017/18 9,344 987

10,478 54,43195311,601136987nr 2018/19 9,661 987

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

Meal and Oil are on an October/September MY.


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


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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

119,000 43,20072,700121,8002252,57535,100 2017/18 46,750 2,350

118,000 43,20071,400120,5752252,35036,500 2018/19 46,790 2,385

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 15,100 3,455

31,220 40,33915,10634,691163,455nr 2014/15 15,800 3,785

30,980 39,96714,65134,792273,785nr 2015/16 16,600 3,541

33,520 42,31213,91537,096353,541nr 2016/17 17,761 5,420

33,400 43,20015,95038,850305,420nr 2017/18 18,100 4,800

33,500 43,20015,50038,330304,800nr 2018/19 18,700 4,130

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

7,675 39,9671,2508,19675446nr 2015/16 6,485 461

8,310 42,3121,3238,83160461nr 2016/17 6,887 621

8,250 43,2001,5008,93160621nr 2017/18 6,905 526

8,290 43,2001,3658,87660526nr 2018/19 7,000 511

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

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


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


Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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 42,089 10,214

61,400 45,11011,67071,75514110,21419,340 2014/15 49,285 10,800

56,800 43,0419,04668,9041,30410,80019,530 2015/16 47,491 12,367

57,800 40,9307,24572,7672,60012,36718,350 2016/17 45,540 19,982

37,000 40,8503,15060,0823,10019,98216,800 2017/18 45,560 11,372

56,000 45,0008,00069,2221,85011,37218,700 2018/19 50,000 11,222

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 43,04130,98037,85904,757nr 2015/16 2,760 4,119

31,235 40,93029,26535,35404,119nr 2016/17 2,930 3,159

31,300 40,85028,35034,45903,159nr 2017/18 3,100 3,009

34,425 45,00031,00037,43403,009nr 2018/19 3,304 3,130

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 43,0415,3868,9000518nr 2015/16 3,055 459

7,925 40,9304,7258,3840459nr 2016/17 3,345 314

7,870 40,8504,7608,1840314nr 2017/18 3,209 215

8,710 45,0005,4508,9250215nr 2018/19 3,175 300

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

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


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


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

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 16,250 16,800 16,800

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 25,196 25,771 25,771

none


847 Meal, Fish 795 926 904 921 921

745 Meal, Rapeseed 407 358 420 450 450

16,946 Meal, Soybean 18,207 18,760 19,429 20,060 20,060

2,995 Other 3,121 3,512 3,502 3,591 3,591

21,533 Total 22,530 23,556 24,255 25,022 25,022

none

SME none

1,228 Meal, Fish 1,152 1,340 1,306 1,331 1,331

530 Meal, Rapeseed 290 255 299 320 320

16,896 Meal, Soybean 18,137 18,670 19,319 19,940 19,940

1,557 Other 1,620 1,777 1,772 1,809 1,809

20,211 Total 21,199 22,041 22,696 23,400 23,400

none

Imports none

236 Meal, Fish 278 351 345 352 352

658 Meal, Rapeseed 369 343 405 430 430

14,972 Meal, Soybean 15,561 16,085 16,351 16,856 16,856

563 Other 684 739 654 657 657

16,429 Total 16,892 17,518 17,755 18,295 18,295

none

Industrial Dom. Cons. none

5,518 Oil, Palm 6,826 6,831 7,640 8,270 8,270

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 4,215 4,530 4,747 4,747

9,571 Total 10,856 11,092 12,215 13,064 13,064

none

Food Use Dom. Cons. none

9,053 Oil, Palm 9,231 9,781 10,055 10,630 10,630

54 Oil, Rapeseed 26 32 26 28 28

574 Oil, Soybean 652 690 735 785 785


1,385 Other 1,436 1,540 1,577 1,647 1,647

11,197 Total 11,476 12,174 12,524 13,221 13,221

none


14,984 Oil, Palm 16,463 17,024 18,159 19,402 19,402

54 Oil, Rapeseed 26 32 26 28 28

613 Oil, Soybean 694 736 780 832 832


5,409 Other 5,434 5,765 6,117 6,404 6,404

21,191 Total 22,748 23,688 25,213 26,797 26,797

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 290 273 266 288 288


671 Other 567 508 527 487 487

4,767 Total 4,470 4,502 4,591 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


Table 25: Middle East Oilseeds and Products Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

none

Production none

1,243 Oilseed, Cottonseed 1,032 1,228 1,447 1,543 1,543

256 Oilseed, Rapeseed 254 263 200 225 225

280 Oilseed, Soybean 242 246 247 247 247

1,232 Oilseed, Sunflowerseed 1,147 1,376 1,609 1,639 1,639

124 Other 148 164 165 154 154

3,135 Total 2,823 3,277 3,668 3,808 3,808

none


85 Meal, Fish 110 121 125 125 125

838 Meal, Rapeseed 840 865 778 796 796

7,065 Meal, Soybean 7,425 7,984 8,198 8,778 8,778

2,925 Other 2,893 3,363 3,720 3,905 3,905

10,913 Total 11,268 12,333 12,821 13,604 13,604

none

SME none

123 Meal, Fish 159 175 181 181 181

596 Meal, Rapeseed 598 615 554 566 566

7,063 Meal, Soybean 7,423 7,982 8,196 8,776 8,776

1,972 Other 1,927 2,246 2,508 2,614 2,614

9,754 Total 10,107 11,019 11,438 12,137 12,137

none

Imports none

79 Meal, Fish 108 124 120 120 120

217 Meal, Rapeseed 196 190 179 183 183

4,319 Meal, Soybean 4,103 4,950 4,490 5,010 5,010

1,419 Other 1,498 1,761 1,765 1,925 1,925

6,034 Total 5,905 7,025 6,554 7,238 7,238

none

Imports none

2,127 Oil, Palm 2,309 2,553 2,652 2,820 2,820

45 Oil, Rapeseed 61 68 68 69 69

505 Oil, Soybean 413 345 398 410 410

1,760 Oil, Sunflowerseed 1,654 2,206 1,855 1,875 1,875

465 Other 171 174 188 190 190

4,902 Total 4,608 5,346 5,161 5,364 5,364

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


69 Other 58 54 58 57 57

446 Total 419 414 418 420 420

none


1,507 Oil, Palm 1,814 1,968 2,083 2,254 2,254

279 Oil, Rapeseed 324 270 229 227 227

901 Oil, Soybean 929 945 972 1,000 1,000


859 Other 641 636 703 720 720

5,497 Total 5,785 6,140 6,421 6,733 6,733

none


1,692 Oil, Palm 1,999 2,153 2,273 2,444 2,444

314 Oil, Rapeseed 354 300 244 242 242

1,116 Oil, Soybean 1,135 1,125 1,157 1,188 1,188


935 Other 705 700 768 784 784

6,038 Total 6,300 6,629 6,906 7,220 7,220

Middle East includes Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey,

United Arab Emirates, West Banks, and Yemen.



Table 26: European Union Oilseeds and Products Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

none

Production none

24,587 Oilseed, Rapeseed 21,997 20,545 22,166 22,400 21,800

1,832 Oilseed, Soybean 2,320 2,410 2,667 2,750 2,750


510 Other 409 418 493 497 497

35,903 Total 32,447 31,971 35,005 34,747 34,147

none


529 Meal, Fish 581 536 550 550 550

14,200 Meal, Rapeseed 13,800 13,850 14,050 14,300 14,300

30,142 Meal, Soybean 30,742 30,342 30,042 29,942 29,942

9,369 Other 9,181 9,920 10,189 10,239 10,239

54,240 Total 54,304 54,648 54,831 55,031 55,031

none

SME none

767 Meal, Fish 842 775 795 795 795

10,103 Meal, Rapeseed 9,819 9,854 9,997 10,174 10,174

30,100 Meal, Soybean 30,700 30,300 30,000 29,900 29,900

5,394 Other 5,242 5,799 5,994 6,027 6,027

46,365 Total 46,604 46,728 46,785 46,896 46,896

none

Imports none

279 Meal, Fish 284 193 200 200 200

453 Meal, Rapeseed 409 219 185 200 200

19,623 Meal, Soybean 19,207 18,924 18,500 18,500 18,500

5,469 Other 5,502 5,688 5,754 5,954 5,954

25,824 Total 25,402 25,024 24,639 24,854 24,854

none


3,400 Oil, Palm 3,400 3,700 3,550 3,550 3,550

7,095 Oil, Rapeseed 7,200 7,100 7,050 7,000 7,000

990 Oil, Soybean 930 850 870 890 890


515 Other 475 515 525 535 535

12,310 Total 12,425 12,565 12,325 12,305 12,305

none


3,300 Oil, Palm 3,000 2,900 2,800 2,700 2,700

3,200 Oil, Rapeseed 2,800 3,000 3,100 3,300 3,300

1,000 Oil, Soybean 1,300 1,300 1,300 1,300 1,300


2,317 Other 2,358 2,146 2,337 2,437 2,437

13,167 Total 13,308 13,496 13,687 13,887 13,887

none


6,900 Oil, Palm 6,600 6,800 6,550 6,450 6,450

10,345 Oil, Rapeseed 10,050 10,150 10,200 10,350 10,350

2,040 Oil, Soybean 2,285 2,205 2,225 2,245 2,245


2,854 Other 2,848 2,676 2,877 2,987 2,987

25,809 Total 26,063 26,391 26,342 26,522 26,522

none

Imports none

6,935 Oil, Palm 6,636 7,224 6,500 6,500 6,500

261 Oil, Rapeseed 207 153 150 150 150

253 Oil, Soybean 325 285 245 250 250

829 Oil, Sunflowerseed 1,418 1,834 1,450 1,500 1,500

1,603 Other 1,383 1,416 1,456 1,436 1,436

9,881 Total 9,969 10,912 9,801 9,836 9,836

European Union includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France,

Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania,

Slovakia, Slovenia, Spain, Sweden, and United Kingdom.


Table 27: China Oilseeds and Products Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

none

Production none

16,482 Oilseed, Peanut 16,440 17,290 17,800 18,100 18,100


12,154 Oilseed, Soybean 11,785 12,900 14,200 14,100 14,100


11,757 Other 8,600 8,800 10,800 10,600 10,400

57,657 Total 54,454 56,526 60,320 60,250 60,050

none


1,474 Meal, Fish 1,439 2,019 1,440 1,450 1,450

11,032 Meal, Rapeseed 11,314 11,634 12,144 12,292 12,292

57,467 Meal, Soybean 62,663 68,646 74,270 79,814 79,814

8,761 Other 7,912 8,492 9,502 9,533 9,496

78,734 Total 83,328 90,791 97,356 103,089 103,052

none

SME none

2,137 Meal, Fish 2,087 2,928 2,081 2,095 2,095

7,529 Meal, Rapeseed 7,730 7,957 8,320 8,426 8,426

56,487 Meal, Soybean 61,663 67,596 73,170 78,664 78,664

7,648 Other 7,073 7,530 8,384 8,431 8,394

73,801 Total 78,553 86,011 91,956 97,616 97,579

none

Imports none

1,031 Meal, Fish 1,042 1,583 1,000 1,000 1,000

142 Meal, Rapeseed 359 875 1,150 1,000 1,000

58 Meal, Soybean 24 61 30 30 30

553 Other 403 657 620 570 620

1,784 Total 1,828 3,176 2,800 2,600 2,650

none


3,750 Oil, Palm 2,700 2,680 2,600 2,600 2,600

2,819 Oil, Peanut 2,919 2,999 3,110 3,166 3,166

7,800 Oil, Rapeseed 8,600 8,700 8,500 8,300 8,300

14,200 Oil, Soybean 15,350 16,350 17,300 18,450 18,450


1,563 Other 1,272 1,296 1,558 1,546 1,517

31,130 Total 32,220 33,357 34,499 35,679 35,650

none


5,700 Oil, Palm 4,800 4,830 4,850 4,900 4,900

2,819 Oil, Peanut 2,919 2,999 3,110 3,166 3,166

7,800 Oil, Rapeseed 8,600 8,700 8,500 8,300 8,300

14,200 Oil, Soybean 15,350 16,350 17,300 18,450 18,450


2,141 Other 1,832 1,891 2,138 2,126 2,097

33,658 Total 34,880 36,102 37,329 38,559 38,530

none

Imports none

5,696 Oil, Palm 4,689 4,881 4,900 4,950 4,950

141 Oil, Peanut 113 111 110 110 110

732 Oil, Rapeseed 768 802 700 700 700

773 Oil, Soybean 586 711 450 350 350


751 Other 737 773 756 758 758

8,627 Total 7,771 8,003 7,666 7,768 7,768



Table 28: India Oilseeds and Products Supply and Distribution


2014/15 2015/16 2016/17 2017/18

May

2018/19

Jun

2018/19

none

Production none

12,525 Oilseed, Cottonseed 10,996 11,463 12,100 12,100 12,100

4,855 Oilseed, Peanut 4,470 6,700 6,500 6,000 6,000


8,711 Oilseed, Soybean 6,929 11,000 9,000 10,800 10,800

383 Oilseed, Sunflowerseed 320 275 277 350 350

730 Other 735 735 770 770 770

32,284 Total 29,370 37,264 34,497 36,520 36,520

none


4,264 Meal, Cottonseed 3,962 3,738 4,140 4,240 4,240

1,242 Meal, Peanut 1,108 1,566 1,505 1,515 1,515

1,600 Meal, Rapeseed 2,600 2,890 2,800 2,800 2,800

4,500 Meal, Soybean 4,460 4,857 5,390 5,900 5,900

184 Meal, Sunflowerseed 315 419 375 395 395

376 Other 435 446 480 485 485

12,166 Total 12,880 13,916 14,690 15,335 15,335

none

SME none

3,455 Meal, Cottonseed 3,210 3,029 3,355 3,436 3,436

1,390 Meal, Peanut 1,240 1,755 1,686 1,697 1,697

1,138 Meal, Rapeseed 1,850 2,056 1,992 1,992 1,992

4,350 Meal, Soybean 4,300 4,600 5,100 5,600 5,600

123 Meal, Sunflowerseed 210 279 250 263 263

164 Other 190 193 209 211 211

10,621 Total 11,000 11,913 12,592 13,200 13,200

none


1,250 Oil, Cottonseed 1,230 1,120 1,220 1,270 1,270

8,750 Oil, Palm 8,600 9,000 10,200 11,100 11,100

970 Oil, Peanut 864 1,155 1,188 1,200 1,200

1,900 Oil, Rapeseed 2,225 2,395 2,325 2,400 2,380

4,100 Oil, Soybean 5,250 5,200 5,000 5,200 5,100


380 Other 265 240 246 260 260

19,050 Total 20,099 21,210 22,379 23,730 23,610

none


1,295 Oil, Cottonseed 1,275 1,165 1,265 1,315 1,315

9,150 Oil, Palm 9,100 9,550 10,800 11,720 11,720

980 Oil, Peanut 874 1,165 1,198 1,210 1,210

1,980 Oil, Rapeseed 2,305 2,480 2,405 2,480 2,460

4,100 Oil, Soybean 5,250 5,200 5,000 5,200 5,100


672 Other 553 506 551 569 569

19,877 Total 21,022 22,166 23,419 24,794 24,674

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

9,139 Oil, Palm 8,860 9,341 10,600 11,500 11,500

0 Oil, Peanut 0 0 0 0 0

383 Oil, Rapeseed 383 317 370 380 380

2,815 Oil, Soybean 4,269 3,534 3,345 3,550 3,650


224 Other 106 82 107 110 110

14,136 Total 15,110 15,425 16,372 17,740 17,840



Year Rapeseed CopraBeg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb RottOct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average06/07-15/16 404 415 442 442 478 513 1475 486 513 500 760

2006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 5702013/14 482 487 514 517 542 524 1,300 480 466 505 8542014/15 362 356 388 401 407 482 1,294 506 432 417 7492015/16 339 346 382 375 396 419 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 360 366 414 401 432 553 1,302 381 416 423 745 Apr 361 367 428 424 442 527 1,430 397 423 418 756 *May N/A 363 406 415 431 N/A 1,420 N/A 422 411 692 Jun Jul Aug Sep Average N/A 354 398 388 416 N/A 1,292 N/A 406 425 870

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ 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; IGC5/ 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 Ton

Soybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.

6/12/2018 9:53:36 AM


Year FishBeg U.S. Brz Arg Hamb U.S. Ukr BremOct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average06/07-15/16 394 372 366 424 208 253 1479

2006/07 226 199 181 276 116 178 12202007/08 370 337 299 469 191 298 11462008/09 365 333 290 401 168 178 11032009/10 343 327 311 391 167 222 16682010/11 381 383 386 418 242 254 16072011/12 434 442 442 461 272 263 1,4482012/13 516 489 506 538 266 318 1,7912013/14 540 500 509 533 263 315 1,6602014/15 406 376 386 403 231 269 1,6322015/16 358 335 349 351 169 233 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 Jul Aug Sep Average 385 368 380 387 200 207 1,514

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

280281244302

U.S.5/

298

166

Table 30: Protein Meal Prices U.S. Dollars per Metric Ton

Soybean SunseedCottonseed RapeseedHamb

9/

265

184298195221278

236230

252252

198198221219

246245232215

335

267

323269

213

232

210216239

295353

256285334356

244240

303366416

288

221217211225

238239238238

217

6/12/2018 9:53:36 AM

208204216241

289 252

267293305282

290289


Year Cottonseed Palm Canola Coconut CornBegin 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 Average06/07-15/16 889 911 909 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 7012007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,0292013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 8692014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 8272015/16 658 704 698 774 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 Jul Aug Sep Average 688 750 755 847 734 1,209 790 1,457 1,346 653 847 1,304 6961/ 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 FOBEx-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS * Preliminary

Table 31: Vegetable Oil Prices U.S. Dollars per Metric Ton

6/12/2018 9:53:36 AM

Soybean Sunseed Peanut


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