agriculture world markets and trade - cornell university · 2018-09-13 · agriculture foreign...
TRANSCRIPT
United States Department of Agriculture Foreign Agricultural Service
Oilseeds: World Markets and Trade
Approved by the World Agricultural Outlook Board/USDA
May 2018
Global Oilseed Demand Growth Forecast to Outpace Production (Again)
Global oilseed production is forecast to grow slightly in 2018/19. Soybean production is projected up, as Argentina is forecast to rebound from this year's drought, offsetting year-over-year declines in production of the United States. Rapeseed and sunflowerseed are both forecast to continue their growth in production. The palm kernel crop is expected higher in line with palm oil production. Peanut and cottonseed production are expected to decline. Global oilseed consumption is forecast to rise, led by growth in China’s soybean crush. Global soybean demand, measured by total domestic consumption, is expected to grow at a solid rate, slightly lower than production growth. Consumption of other oilseeds is expected up as well, with the exception of cottonseed where global supplies are reduced. Global oilseed trade is forecast up on higher demand from China. Global ending stocks are projected to fall, as lower carryin stocks coupled with increased consumption will result in lower ending stocks for 2018/19. While the ending stocks of palm kernel and rapeseed are expected to grow, all other oilseed stocks, led by cottonseed and peanuts, are expected to fall.
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2013/14 2014/15 2015/16 2016/17 2017/18 2018/19
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Global Oilseed Production and Consumption
Soybean Rapeseed Sunflowerseed
Cottonseed Peanut Copra + Palm Kernel
Domestic Consumption
Global protein meal production is expected to grow slightly in 2018/19, tempered by a slight decline in fish meal production. Global protein meal consumption is also forecast to rise, mainly driven by robust demand from China. Trade in protein meals is expected to grow as well, with soybean meal exports forecast up. Sunflowerseed meal exports are projected up sharply, while peanut meal exports are forecast to fall.
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Global Protein Meal Consumption
Meal, Soybean Meal, Rapeseed Meal, Sunflowerseed Meal, Cottonseed
Meal, Fish Meal, Peanut Meal, Palm Kernel Meal, Copra
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Global Vegetable Oil Production and Consumption
Oil, Palm Oil, Soybean Oil, Rapeseed Oil, Sunflowerseed
Oil, Cottonseed Oil, Olive Oil, Palm Kernel Oil, Peanut
Oil, Coconut Total Consumption
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Global vegetable oil production is expected to grow modestly, with all major oils forecast up except for olive oil. Palm, soybean, and palm kernel oil production are all expected to see a healthy jump on higher crop estimates. Strong soybean meal demand will spur higher crush volumes, resulting in higher soybean oil production. Both rapeseed oil and sunflowerseed oil are projected to experience modest growth. Global vegetable oil consumption for food is forecast to expand, reflecting growth in population and improved purchasing power in emerging economies. Growing food use will primarily be met by palm and soybean oil, followed by sunflowerseed and rapeseed oils. Global consumption of oils for industrial use is also forecast to increase, in line with growing biodiesel production in major markets. Global vegetable oil trade is expected to see a healthy increase, with strong growth in palm, soybean, and sunflowerseed oils, despite reductions in cottonseed, olive, and coconut oils. Global ending stocks are forecast to grow, led by a jump in palm oil stocks. Growing demand for “golden oils” is outpacing production, and will result in a drawdown of soybean and rapeseed oil stocks.
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Global Oil Ending Stocks
Oil, Palm Oil, Soybean Oil, Rapeseed Oil, Sunflowerseed Oil, Palm Kernel
Oil, Olive Oil, Peanut Oil, Coconut Oil, Cottonseed
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
OVERVIEW 2018/19 Global oilseed production is forecast at 593.7 million tons, up nearly 4 percent. Soybean production is projected at 354.5 million tons, up 17.8 million tons, an increase of roughly 5 percent. Gains in Argentina and India more than offset reductions for the United States, Paraguay, and Canada. Rapeseed and sunflowerseed production is projected higher while small reductions are forecast for cottonseed and peanut. Soybean imports are forecast to rise, driven by strong global demand led by China. Brazil is expected to continue being the leading soybean exporter in 2018/19. Strong global demand for protein feed will boost crush, which in turn will pressure soybean stocks lower. Trade of soybean meal and soybean oil are both forecast to expand on growing global demand. The U.S. season-average farm price for soybeans is projected at $10.00 per bushel. 2017/18 Global oilseed production is raised slightly this month to 572.8 million tons. Larger soybean production estimates for Brazil, Paraguay, and the European Union more than offset a reduction for Argentina. Rapeseed production in India and the sunflowerseed crop in Ukraine, Moldova, and the European Union have been revised up. Peanut production estimates for Nigeria, Chad, and Tanzania have been raised as well, while the U.S. and Turkey cottonseed crops were revised lower. Global soybean exports are forecast higher this month on gains for Brazil, Paraguay, Russia, and Ukraine. Soybean imports have been boosted this month on larger shipments to Argentina, Egypt, the European Union, and Russia. Global soybean ending stocks are raised significantly this month, primarily reflecting a larger harvest in Brazil. The U.S. season-average farm price for soybeans is up $0.05 to $9.35 per bushel. SOYBEAN PRICES U.S. export bids in April, FOB Gulf, averaged $417/ton, up $8 from the previous month. In comparison, FOB Brazil Paranagua averaged $430/ton, up $16/ton from last month. FOB Argentina Up River averaged $421/ton, up $21 from last month. Prices have risen sharply in response to crop losses in Argentina. Strengthening soy meal prices and initial signs of an uptick in demand for U.S. supplies both added support. April prices have also been trending higher on growing U.S. supply concerns following the reduced planting intentions reported in the NASS Prospective Plantings report. In contrast, early May prices have been trending downwards, influenced by weakening exchange rates in Brazil and Argentina. For the week ending May 3, U.S. 2017/18 soybean export commitments (outstanding sales plus accumulated exports) to China totaled 28.7 million tons compared to 35.8 million a year ago. Total commitments to the world are 55.1 million tons, compared to 57.0 million for the same period last year.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Source: International Grains Council. U.S. Prices: 2Y(Gulf). Brazil prices: Paranagua. Argentina: Up River.
Technical Notes and Historical Revisions Please note that due to a methodological change in coverage, the series of estimates of Other in the Palm Oil account of the PSD database has been updated this month. The changes are implemented from Market Year 2000/01 and onward.
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5/2/17 5/30/17 6/27/17 7/25/17 8/22/17 9/19/17 10/17/17 11/14/17 12/12/17 1/9/18 2/6/18 3/6/18 4/3/18 5/1/18
Export Prices (f.o.b.)
Argentina - Soyabeans Brazil - Soyabeans US - Soyabeans
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
2018/19 OUTLOOK SOYBEANS
Global soybean production in 2018/19 is forecast to surge to 354.5 million tons, an increase of 17.8 million tons above the 2017/18 production estimate. This increase primarily reflects a recovering crop from the current drought in Argentina. Global harvested area is forecast to expand 3 percent, largely in South America and India, more than offsetting a marginal reduction in the United States. In the United States, lower harvested area, coupled with trend yields, is expected to result in a slight decline of production, but is still projected to be the third-largest on record. Acreage in South America1, which will be harvested in 2019, is forecast to rise 6 percent to 61.3 million hectares, with production reaching 188.5 million tons. Soybean production in China is virtually unchanged at 14.1 million tons, while production in India is projected to rebound to 10.8 million tons. Production in Ukraine is forecast to reach a record 4.5 million tons in response to continuing acreage expansion.
Despite the rebound in global production, total global soybean supply is projected to only rise 4 percent with lower carryin from 2017/18. Continued growth in global demand will likely push "disappearance" to exceed production, leading to stock drawdowns in the coming year. The global stocks/use ratio will fall slightly, but will remain at a healthy level. Global soybean imports are forecast to rise 5 percent in 2018/19, primarily in response to growth in China, Southeast Asia, the Middle East, and Mexico. Brazil and the United States will continue to be the main global soybean suppliers. Brazil’s soybean exports are projected to exceed those of the United States for the seventh year in a row.
1 South America is defined by Argentina, Bolivia, Brazil, Paraguay, and Uruguay.
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Million Hectares
Annual Change in Soybean Acreage in Major Exporting Countries
United States Other South America Brazil Argentina
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Global Soybean Consumption to Outpace Production
Production Consumption
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Global soybean meal imports are forecast to grow 3 percent in 2018/19, up from 2017/18 and following a rebound for Argentina. Growth in soybean meal imports is suppressed by growing trade of soybeans, as they compete in identical sectors. Argentina will continue to be the largest exporter of soybean meal. Exports for Brazil, the United States, Bolivia, and India are projected lower. Global soybean meal consumption is forecast to grow 5 percent, led by markets with growing livestock and poultry consumption, such as China, South and Southeast Asia, and the Middle East.
Soybean oil exports are forecast to rise 3 percent in 2018/19 with total volume projected to reach
nearly 11.0 million tons. While competition with other vegetable oils will remain tight, global demand is also expected to grow in 2018/19, on improved affordability spurring food use, and expanding industrial consumption. Ending stocks will decline only slightly, but remain significantly below the 5-year average.
Highlights
o U.S. soybean exports are projected to rise 6.1 million tons to a record 62.3 million, while meal and oil exports are forecast slightly lower at 11.2 million and 953,000 tons, respectively.
o Argentina soybean exports are projected to surge to 8.0 million tons, meal exports are forecast to grow 1.5 million tons to 30.5 million, and oil is up 425,000 tons to 5.1 million.
o Brazil soybean exports are projected down 1.0 million tons to 72.3 million, meal exports are cut 100,000 tons to 15.5 million, and oil exports are expected slightly lower at 1.3 million tons.
o China soybean imports are projected up 6.0 million tons to 103.0 million, while meal exports remain stable at 1.0 million tons. Oil imports are forecast to decline 100,000 tons to 350,000.
o Egypt soybean imports are up 100,000 tons to 2.9 million while meal imports are expected to decline 100,000 tons to 1.0 million.
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Global Soybean Exports vs.Soybean Meal Exports
Soybean Meal Soybean
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Global Soybean Oil Exports
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
o European Union soybean imports are projected to rise 100,000 tons to 14.2 million with meal imports unchanged at 18.5 million. Oil imports are forecast almost unchanged at 250,000 tons while exports are expected to rise 50,000 tons to 800,000.
o India soybean oil imports are forecast to rise 200,000 tons to 3.6 million. Soybean meal exports are expected to decline 100,000 tons to 1.4 million.
o Pakistan soybean imports are forecast to grow 300,000 tons to 2.3 million. o Vietnam soybean and soybean meal imports are projected to grow 200,000 tons each to
2.0 and 5.0 million tons, respectively. RAPESEED
Global rapeseed production in 2018/19 is projected to rise 1.1 million tons, nearly 2 percent more than in the current year. Production gains are forecast for Australia, the European Union, India, as well as a slight increase in both Ukraine and the United States. Crop projections for Canada and China are down. Global exports are forecast to rise modestly to a record level of 17.5 million tons, buoyed by strong demand from China. Global rapeseed crush is forecast to grow in the coming year, leading to increases in both rapeseed meal and oil output.
Highlights
o U.S. rapeseed imports are projected higher at 635,000 tons, meal imports are raised to 3.4 million tons, and oil is higher at 2.1 million tons.
o Australia rapeseed exports are boosted sharply to 3.0 million tons. Rapeseed oil exports are projected unchanged at 170,000 tons.
o Canada rapeseed exports are projected unchanged at 11.5 million tons, meal exports are up slightly to 4.9 million tons, while oil exports are down to 3.1 million tons.
o China rapeseed imports are projected to surge to 5.3 million tons, meal imports are lowered to 1.0 million tons, and oil imports are unchanged at 700,000 tons.
o European Union rapeseed imports are projected to decline slightly to 4.2 million tons while exports are expected to grow to 300,000 tons.
o Ukraine rapeseed exports are projected slightly higher at 2.2 million tons.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
SUNFLOWERSEED
Global sunflowerseed production in 2018/19 is forecast at a record 49.8 million tons. Larger
crop projections for Ukraine, Russia, China, and Kazakhstan more than offset a smaller forecast for the European Union. Sunflowerseed area is expanding in Russia, Argentina, Turkey, India, Kazakhstan, and Moldova.
Projected higher yields for Russia and Ukraine will drive the sunflowerseed production to a new
record of 27.0 million tons, allowing both countries to collectively crush a record 26.0 million tons, up 10 percent. Global sunflowerseed crush is projected to grow 5 percent, in line with the growth in global demand for sunflowerseed meal and oil. Global sunflowerseed stocks at the end of 2018/19 are forecast to decline further, 22 percent below the 5-year average.
Global sunflowerseed meal imports are forecast to grow to 7.5 million tons, on strong demand
in the European Union, North Africa, and the Middle East. Sunflowerseed oil imports are forecast up at 8.6 million tons, the second-highest on record. This reflects strong demand in India, the European Union, China, North Africa, and the Middle East. Despite growing global production of sunflowerseed oil, rising consumption will keep stocks relatively tight.
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Australia Ukraine Canada
Mil
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Key Exporters Boost Rapeseed Shipments
2015/16 2016/17 2017/18 2018/19
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2015/16 2016/17 2017/18 2018/19
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Global Rapeseed StocksContinue to Recover
Canada China EU ROW
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Highlights
o China sunflowerseed imports and exports are projected unchanged at 150,000 and 380,000 tons, respectively. Sunflowerseed meal and oil imports are forecast to grow to 100,000 and 900,000 tons, respectively.
o European Union sunflowerseed imports are forecast at 500,000 tons while exports are projected at 350,000 tons. Sunflowerseed meal imports are forecast to grow 200,000 tons to 4.0 million. Sunflowerseed oil imports and exports are projected unchanged at 1.5 million and 490,000 tons, respectively.
o Ukraine sunflowerseed exports are forecast unchanged at 50,000 tons. Sunflowerseed meal and oil exports are projected to reach new records of 5.1 and 5.8 million tons, respectively.
o Russia sunflowerseed exports are forecast to grow to 200,000 tons. Sunflowerseed meal exports are forecast to decline slightly to 1.3 million tons while oil exports are projected to grow to 2.2 million tons.
o India sunflowerseed oil imports are forecast to reach a new record of 2.2 million tons. o Turkey sunflowerseed imports are expected to reach 600,000 tons. Meal imports are
forecast at 980,000 tons and oil imports at 500,000 tons.
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Growing Sunflowerseed Crush Spurs Meal Trade and Use
Imports Feed Consumption Production
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Sunflowerseed Oil Consumption Continues to Grow in Major Markets
EU-28 MENA India Russia China Turkey ROW
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
PEANUTS Global peanut production in 2018/19 is forecast down nearly 1.0 million tons to 44.6 million, as
area harvested in the United States and Senegal is projected to decline. While this would be the third-largest peanut production on record, lower output paired with healthy growth in global imports are expected to lead to a drawdown in global stocks by 23 percent. Argentina, India, China, and the United States are likely to remain the primary exporters, with export growth projected only for China. U.S. exports are projected to decline 8 percent, mainly on slowing demand from China as its 2018/19 crop is projected at a new record. The European Union will remain the world’s largest importer, followed by Indonesia.
Highlights
o U.S. exports are forecast to drop to 544,000 tons. o Argentina and India exports are unchanged at 740,000 and 850,000 tons, respectively. o China imports are forecast at 325,000 tons and exports are projected up 30,000 tons to
750,000. o European Union imports are 30,000 tons higher at 970,000. o Senegal exports are unchanged at 130,000 tons. o Vietnam imports are 20,000 tons higher at 270,000.
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Argentina China India United States
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Exports Decline on Weaker Demand for U.S. Peanuts
2016/17 2017/18 2018/19
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Major Peanut Importers
EU Other Asia China Vietnam Mexico Canada
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
COTTONSEED 2018/19 global cottonseed production is projected at 44.3 million tons, down 1 percent from the
current year. Lower forecasts for the United States, Australia, and China are expected to more than offset gains in Pakistan and Turkey. Production projections for Brazil and India are unchanged from the current year. Lower output for major exporters is likely to curb shipments to major markets. With global consumption forecast slightly higher, stocks are down nearly 23 percent.
Highlights
o U.S. exports are projected down 45,000 tons to 386,000. o Australia cottonseed exports are forecast down 50,000 tons to 280,000. o Brazil exports are forecast at 40,000 tons, down 20,000. o China imports are projected to grow 20,000 tons to 200,000. o Mexico imports are forecast down 80,000 tons to 100,000. o Saudi Arabia imports are unchanged at 120,000 tons. o South Korea imports are expected to grow slightly to 165,000 tons while Japan imports
are projected to stay unchanged at 140,000.
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Cottonseed Production Declines While Consumption Rises
U.S. Pakistan IndiaChina Other Consumption
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Cotton Seed Trade Declines on Smaller Crop Forecast
2016/17 2017/18 2018/19
ExportsImports
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
OLIVE OIL Global olive oil production in 2018/19 is forecast at 3.1 million tons, down 4 percent. The
European Union remains the largest producer with over 70 percent of the world’s olive output. Production prospects in the European Union are expected to improve and reach over 2.2 million tons. Export growth is driving new investments in olive groves, including new plantations incorporating irrigation technology. Abundant rains through March 2018 will contribute to improved yields in Spain, while investments in irrigation ensure Portugal’s continued expansion. The higher production anticipated in these two countries offsets the projected decline in Italy. Stable production levels are forecast for Greece. Olive oil supplies in the European Union are forecast to be ample to meet domestic needs and to allow for export growth in 2018/19.
Olive oil exports are slightly down in 2018/19. Tunisia exports are projected down on lower supplies, while Turkey exports are likely to continue to grow on large carryin stocks.
Global extra virgin olive oil prices are likely to remain under pressure as exporters’ olive oil stocks are forecast to continue to recover.
Highlights
o U.S. imports are projected up slightly to 330,000 tons. o European Union exports are forecast to grow to 670,000 tons, while imports are
projected lower at 150,000 tons. o Tunisia exports are forecast to drop 70,000 tons to 140,000. o Turkey exports are projected to grow 30,000 tons to 90,000.
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Extra Virgin Olive Oil Prices in Spain Plummet on Recovered 2017/18 Supplies
EU MY Production EstimateOVOO Price, Spain, USD/ton
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Global Olive Oil Stocks Continue to Rebound
Production Stocks
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
PALM OIL AND PALM KERNEL
Global palm oil production in 2018/19 is forecast to continue grow at a healthy pace as key exporters Malaysia and Indonesia expand acreage and production. Changing preferences in key markets, additional tariffs in key importers, and limited biodiesel demand growth add headwinds to global consumption, outweighing the improving price competitiveness of palm oil vis-à-vis other major vegetable oils. As such, growth in global production is expected to outpace growth in consumption, leading to record global stocks.
Highlights
o U.S. imports are up 55,000 tons to 1.6 million. o India imports are forecast up 900,000 tons to 11.5 million, while Bangladesh and
Pakistan are both up 150,000 tons to 1.8 million and 3.3 million, respectively. o Indonesia exports are forecast up 1.2 million tons to 29.2 million, while Malaysia is up
250,000 tons to 17.5 million.
Global palm kernel production in 2018/19 is forecast to rise, reflecting the expected growth in palm oil production. Palm kernel meal trade is forecast to rise slightly as well, with demand for industrial use of palm kernel hulls expected to continue. Leading importer New Zealand is forecast to grow slightly, while EU imports are expected to decline slightly. Japan imports are projected to grow based on their feed-in tariff and biomass policies. Palm kernel oil imports are unchanged despite higher availability from major producers.
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Growing Palm Oil Stocks
Indonesia Malaysia ROW Global Stocks
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Highlights
o U.S. oil imports are slightly up to 425,000 tons. o China oil imports are flat at 580,000 tons. o European Union meal and oil imports remain steady at 2.0 million and 740,000 tons,
respectively. o Indonesia meal exports are up 100,000 tons to 4.7 million, and oil exports up 50,000 tons
to 1.9 million. o Malaysia meal and oil exports are unchanged at 2.4 million and 950,000 tons,
respectively. o New Zealand meal imports are unchanged at 2.3 million tons.
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Palm Kernel Meal Industrial UseMet by Growing Production
Palm Kernel Meal Exports Palm Kernel Meal Industrial Use
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
COPRA Global copra production in 2018/19 is forecast to rise 1.7 percent, due to improved yields
stemming from better practices and favorable weather. Copra meal production is projected to slightly increase, as higher production in the Philippines,
Mexico, and Vietnam is offset by lower output in India and Indonesia. Coconut oil production is up 1.5 percent, while global exports are projected to decline in
response to waning import demand. This is will lead to an increase in global ending stocks.
Highlights
o U.S. oil imports are up slightly to 465,000 tons, while the European Union remains the top global importer at 475,000 tons. Malaysia coconut oil imports are forecast to decline to 140,000 tons, while exports are unchanged at 110,000 tons.
o Indonesia oil exports are down 50,000 tons to 470,000, while meal exports remain unchanged at 240,000 tons.
o Philippines oil exports are forecast to reach 1.0 million tons, on increasing production.
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Global Coconut Oil Imports
European Union United States Other China Malaysia
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
FISHMEAL
Global fishmeal production and exports are expected to decline slightly in 2018/19. Peru continues to be the largest producer and exporter, but the gap between it and secondary producers such as the European Union, Vietnam, and China has narrowed significantly. Peru continues to tightly manage its catch in light of concerns over sustainability. With rapid growth in aquaculture production around the world, the demand for aquafeed has expanded proportionately. Fishmeal is a key ingredient for that sector and must compete with soy meal's continuing emergence as an alternative protein source. Tight global supplies of fishmeal, however, will continue to provide support to prices and to be a limiting factor for further growth in fishmeal demand.
Highlights
o China imports remain constant at 1.0 million tons. o Peru exports rise 90,000 tons to 900,000.
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Global Fishmeal Production and Consumption
China East and SE Asia EU + Other Europe
North and South America MENA Feed Use
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
2017/18 OUTLOOK CHANGES
Country Commodity Attribute Previous Current Change Reason
United States
Soybean Meal Exports 11,340 11,521 181 Increased opportunity provided by lower Argentina exports
Soybean Oil Exports 907 1,043 136
Argentina Soybean Meal Exports 29,500 29,000 -500 Reduced supply on lower crush
Soybean Oilseed Imports 2,400 3,100 700 Strong pace of trade from Paraguay
Brazil
Soybean Meal Exports 15,450 15,600 150 Opportunity provided by lower Argentina exports
Soybean Oilseed Exports 73,100 73,300 200 Increased supplies resulting from larger production estimate
China
Rapeseed Meal Imports 950 1,150 200 Stronger import pace from Canada
Soybean Meal Exports 1,200 1,000 -200 Weaker trade pace primarily to Japan
Palm Oil Imports 4,800 4,900 100 Growing imports from Indonesia
Rapeseed Oil Imports 800 700 -100 Slower pace of trade from Canada
Rapeseed Oilseed Imports 4,700 4,550 -150 Weaker than expected trade to date
Colombia Palm Oil Exports 650 500 -150 Slow Q1 trade pace
Egypt Soybean Meal Imports 1,200 1,100 -100 Larger crush reduces import needs
Soybean Oilseed Imports 2,600 2,800 200 Growing trend in crush
European Union
Soybean Meal Imports 18,900 18,500 -400 Weaker pace on reduced Argentine supplies
Soybean Oilseed Imports 14,000 14,100 100 Stronger pace in Q2 of the marketing year
India Soybean Meal Exports 1,600 1,500 -100 Slow trade pace resulting from lower regional demand
Paraguay Soybean Oilseed Exports 5,800 6,250 450 Strong export pace to Argentina
Russia
Soybean Oilseed
Imports 600 700 100 Pace of trade
Exports 2,200 2,300 100 Growing exports of non-biotech soybeans to China
Rapeseed Meal Exports 240 140 -100 Stronger domestic demand limits exportable supplies
South Africa
Soybean Meal Imports 595 495 -100 Larger supplies available for domestic use
Turkey
Sunflowerseed Oil Exports 450 350 -100 Reduced supplies and larger domestic use
Sunflowerseed Oilseed
Imports 550 650 100 Lower domestic production and stronger domestic demand
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Country Commodity Attribute Previous Current Change Reason
Ukraine
Sunflowerseed Meal
Exports 4,500 4,600 100 Increased availability with larger crush and seed production
Sunflowerseed Oil Exports 5,000 5,300 300 Larger supplies and stronger export pace
Soybean Oilseed Exports 2,500 2,600 100 Stronger exports to the EU
Vietnam
Soybean Meal Imports 5,050 4,800 -250 Slower than expected demand growth
Soybean Oilseed Imports 1,900 1,800 -100 Week early marketing year pace of trade.
Note: All figures are in thousand metric tons.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Questions may be directed to:
Bill George (202) 720-6234 [email protected] Agata Kingsbury (202) 260-8910 [email protected] Justin Choe (202) 690-4062 [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:
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Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE):
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Foreign Agricultural Service/USDA May 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 May 2018Office of Global Analysis
Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
5.43 Oilseed, Copra 5.42 5.32 5.51 5.73 5.83
45.04 Oilseed, Cottonseed 44.37 35.79 39.10 44.68 44.29
15.97 Oilseed, Palm Kernel 16.57 15.96 17.36 18.61 19.19
42.58 Oilseed, Peanut 42.13 41.71 44.86 45.58 44.60
71.53 Oilseed, Rapeseed 71.29 69.81 71.12 74.28 75.43
282.71 Oilseed, Soybean 319.91 313.58 350.34 336.70 354.54
41.51 Oilseed, Sunflowerseed 39.17 40.24 47.82 47.20 49.85
504.76 Total 538.86 522.41 576.11 572.79 593.72
none
Imports none
0.09 Oilseed, Copra 0.10 0.13 0.11 0.12 0.10
0.78 Oilseed, Cottonseed 0.68 0.68 0.97 0.94 0.88
0.06 Oilseed, Palm Kernel 0.07 0.06 0.06 0.07 0.07
2.38 Oilseed, Peanut 2.52 3.31 3.12 3.20 3.30
15.55 Oilseed, Rapeseed 14.32 14.42 15.64 16.42 17.22
113.07 Oilseed, Soybean 124.36 133.33 144.32 152.63 159.54
1.62 Oilseed, Sunflowerseed 1.56 1.87 2.17 2.20 2.09
133.56 Total 143.60 153.79 166.40 175.58 183.19
none
Exports none
0.11 Oilseed, Copra 0.11 0.13 0.14 0.13 0.14
0.94 Oilseed, Cottonseed 0.72 0.71 0.89 1.04 0.95
0.04 Oilseed, Palm Kernel 0.04 0.04 0.08 0.05 0.05
2.90 Oilseed, Peanut 3.33 3.54 3.74 3.69 3.67
15.10 Oilseed, Rapeseed 15.11 14.35 15.80 16.65 17.49
112.72 Oilseed, Soybean 126.22 132.51 147.54 151.26 161.82
1.96 Oilseed, Sunflowerseed 1.66 2.01 2.44 2.32 2.23
133.77 Total 147.18 153.29 170.63 175.13 186.35
none
Crush none
5.41 Oilseed, Copra 5.38 5.30 5.45 5.70 5.78
34.22 Oilseed, Cottonseed 33.81 28.39 29.19 33.53 34.39
15.88 Oilseed, Palm Kernel 16.51 15.88 17.22 18.51 19.08
17.72 Oilseed, Peanut 16.81 16.93 18.34 18.54 18.75
66.74 Oilseed, Rapeseed 67.40 67.82 68.99 70.19 72.12
242.78 Oilseed, Soybean 264.81 275.02 287.81 299.39 313.34
36.97 Oilseed, Sunflowerseed 35.62 36.64 43.03 43.65 45.94
419.71 Total 440.34 445.98 470.03 489.50 509.38
none
Ending Stocks none
0.11 Oilseed, Copra 0.10 0.08 0.07 0.08 0.07
1.78 Oilseed, Cottonseed 1.66 0.90 1.43 1.90 1.46
0.29 Oilseed, Palm Kernel 0.26 0.24 0.24 0.24 0.26
3.98 Oilseed, Peanut 4.23 3.55 3.55 3.77 2.88
7.53 Oilseed, Rapeseed 7.59 6.61 5.53 6.50 6.52
62.47 Oilseed, Soybean 77.91 78.39 96.39 92.16 86.70
3.30 Oilseed, Sunflowerseed 2.90 2.35 2.92 2.44 2.16
79.47 Total 94.65 92.12 110.13 107.08 100.05
Totals may not add due to rounding
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
1.80 Meal, Copra 1.80 1.77 1.81 1.92 1.93
15.71 Meal, Cottonseed 15.54 13.08 13.45 15.48 15.82
4.45 Meal, Fish 4.69 4.51 4.88 4.63 4.60
8.30 Meal, Palm Kernel 8.60 8.31 8.95 9.63 9.91
7.07 Meal, Peanut 6.68 6.72 7.31 7.39 7.48
38.71 Meal, Rapeseed 38.98 39.35 39.89 40.61 41.74
190.39 Meal, Soybean 208.52 215.86 225.87 235.31 246.36
16.83 Meal, Sunflowerseed 16.16 16.50 19.33 19.73 20.65
283.26 Total 300.96 306.09 321.49 334.69 348.48
none
Imports none
0.70 Meal, Copra 0.67 0.56 0.47 0.51 0.51
0.35 Meal, Cottonseed 0.25 0.21 0.24 0.23 0.23
2.74 Meal, Fish 2.50 2.46 3.06 2.44 2.45
6.44 Meal, Palm Kernel 6.83 6.41 7.58 7.52 7.68
0.10 Meal, Peanut 0.03 0.02 0.13 0.07 0.07
6.50 Meal, Rapeseed 5.99 5.70 5.90 5.93 6.01
57.77 Meal, Soybean 60.69 61.76 60.53 60.88 62.53
5.76 Meal, Sunflowerseed 5.53 5.95 6.95 7.18 7.54
80.36 Total 82.49 83.08 84.85 84.74 87.03
none
Exports none
0.72 Meal, Copra 0.73 0.59 0.48 0.59 0.60
0.38 Meal, Cottonseed 0.32 0.25 0.34 0.36 0.37
2.47 Meal, Fish 2.28 2.21 2.51 2.25 2.31
6.38 Meal, Palm Kernel 6.46 6.38 6.74 7.12 7.23
0.13 Meal, Peanut 0.05 0.05 0.16 0.10 0.09
6.35 Meal, Rapeseed 6.07 5.69 6.03 6.14 6.23
60.65 Meal, Soybean 64.40 65.50 64.50 64.81 65.82
6.22 Meal, Sunflowerseed 5.87 6.23 7.44 7.35 7.74
83.31 Total 86.18 86.91 88.19 88.72 90.38
none
Domestic Consumption none
1.78 Meal, Copra 1.72 1.73 1.78 1.80 1.83
15.68 Meal, Cottonseed 15.48 13.19 13.33 15.34 15.69
4.94 Meal, Fish 4.87 4.75 5.45 4.79 4.80
8.15 Meal, Palm Kernel 8.93 8.40 9.78 9.88 10.12
7.03 Meal, Peanut 6.65 6.66 7.31 7.36 7.46
38.91 Meal, Rapeseed 38.85 39.25 39.86 40.58 41.52
186.54 Meal, Soybean 201.56 212.96 222.02 232.90 243.22
15.75 Meal, Sunflowerseed 15.58 16.18 19.10 19.89 20.57
278.77 Total 293.64 303.11 318.63 332.54 345.21
none
Ending Stocks none
0.11 Meal, Copra 0.13 0.13 0.15 0.18 0.19
0.22 Meal, Cottonseed 0.22 0.07 0.08 0.09 0.08
0.23 Meal, Fish 0.26 0.27 0.25 0.27 0.22
0.59 Meal, Palm Kernel 0.63 0.58 0.58 0.73 0.97
0.03 Meal, Peanut 0.03 0.06 0.03 0.03 0.03
0.92 Meal, Rapeseed 0.98 1.10 0.99 0.81 0.82
10.81 Meal, Soybean 14.05 13.21 13.09 11.57 11.42
1.42 Meal, Sunflowerseed 1.66 1.69 1.43 1.09 0.98
14.33 Total 17.96 17.11 16.62 14.78 14.71
Totals may not add due to rounding
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
3.38 Oil, Coconut 3.37 3.32 3.39 3.54 3.60
5.16 Oil, Cottonseed 5.12 4.29 4.42 5.08 5.22
3.20 Oil, Olive 2.40 3.13 2.48 3.26 3.15
59.19 Oil, Palm 61.76 58.95 65.27 69.72 72.58
7.08 Oil, Palm Kernel 7.32 7.00 7.63 8.15 8.40
5.73 Oil, Peanut 5.44 5.48 5.94 6.00 6.08
27.21 Oil, Rapeseed 27.53 27.78 28.20 28.75 29.52
45.22 Oil, Soybean 49.30 51.53 53.79 55.76 58.35
15.63 Oil, Sunflowerseed 14.96 15.38 18.17 18.35 19.32
171.81 Total 177.19 176.86 189.29 198.62 206.21
none
Imports none
1.74 Oil, Coconut 1.82 1.61 1.50 1.48 1.47
0.08 Oil, Cottonseed 0.07 0.05 0.05 0.05 0.04
0.73 Oil, Olive 0.90 0.79 0.79 0.88 0.87
41.64 Oil, Palm 44.47 42.37 45.48 47.09 49.04
2.50 Oil, Palm Kernel 3.06 2.63 2.69 2.76 2.76
0.19 Oil, Peanut 0.25 0.25 0.23 0.24 0.23
3.82 Oil, Rapeseed 3.95 4.13 4.40 4.39 4.49
9.27 Oil, Soybean 10.03 11.64 10.85 10.23 10.58
6.96 Oil, Sunflowerseed 6.18 7.02 8.90 8.08 8.64
66.94 Total 70.73 70.49 74.88 75.19 78.11
none
Exports none
1.92 Oil, Coconut 1.94 1.58 1.73 1.69 1.69
0.14 Oil, Cottonseed 0.14 0.06 0.07 0.09 0.08
0.84 Oil, Olive 0.99 0.87 0.88 1.00 0.99
43.23 Oil, Palm 47.39 43.74 48.91 50.15 51.74
2.88 Oil, Palm Kernel 3.23 3.02 3.08 3.19 3.24
0.22 Oil, Peanut 0.26 0.26 0.27 0.28 0.29
3.83 Oil, Rapeseed 4.07 4.17 4.53 4.61 4.67
9.42 Oil, Soybean 11.12 11.77 11.26 10.66 10.96
7.78 Oil, Sunflowerseed 7.38 8.10 10.40 9.49 10.05
70.26 Total 76.52 73.58 81.13 81.14 83.71
none
Domestic Consumption none
3.34 Oil, Coconut 3.29 3.26 3.21 3.23 3.26
5.09 Oil, Cottonseed 5.06 4.40 4.39 5.01 5.18
2.95 Oil, Olive 2.65 2.81 2.59 2.86 3.00
57.30 Oil, Palm 58.20 58.90 61.65 65.04 68.07
6.59 Oil, Palm Kernel 7.21 6.81 7.15 7.56 7.86
5.68 Oil, Peanut 5.50 5.46 5.83 5.99 6.06
26.08 Oil, Rapeseed 27.14 28.28 29.04 29.12 29.51
45.26 Oil, Soybean 47.78 52.08 53.59 55.63 57.92
14.14 Oil, Sunflowerseed 14.11 15.23 16.67 17.08 17.76
166.43 Total 170.95 177.24 184.11 191.51 198.63
none
Ending Stocks none
0.33 Oil, Coconut 0.29 0.38 0.34 0.45 0.56
0.23 Oil, Cottonseed 0.22 0.10 0.10 0.13 0.13
0.66 Oil, Olive 0.31 0.53 0.34 0.62 0.66
9.55 Oil, Palm 10.18 8.87 9.06 10.69 12.49
0.94 Oil, Palm Kernel 0.87 0.68 0.75 0.92 0.97
0.24 Oil, Peanut 0.17 0.17 0.25 0.21 0.18
5.54 Oil, Rapeseed 5.81 5.27 4.31 3.72 3.55
3.92 Oil, Soybean 4.36 3.68 3.48 3.18 3.23
2.96 Oil, Sunflowerseed 2.60 1.67 1.66 1.52 1.66
24.37 Total 24.82 21.35 20.28 21.44 23.43
Totals may not add due to rounding
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
99.02 United States 116.03 115.88 126.94 131.03 127.29
90.01 Brazil 100.15 99.02 117.09 120.63 120.68
57.03 Argentina 66.26 60.80 62.82 43.62 60.91
58.64 China 57.66 54.45 56.53 60.32 60.25
36.86 India 32.28 29.37 37.26 34.50 36.52
163.21 Other 166.48 162.88 175.48 182.69 188.07
504.76 Total 538.86 522.41 576.11 572.79 593.72
Imports none
75.58 China 83.15 87.93 98.42 102.18 108.98
18.01 European Union 17.35 20.14 19.28 19.91 19.89
5.58 Mexico 5.73 5.82 6.03 6.76 7.00
5.49 Japan 5.70 5.78 5.79 5.96 6.01
1.15 Pakistan 1.67 2.62 2.79 3.21 3.51
1.89 Thailand 2.51 2.91 3.18 3.26 3.33
2.55 Indonesia 2.25 2.52 3.00 3.06 3.22
2.40 Turkey 3.12 2.98 3.01 2.99 3.14
1.76 Egypt 2.01 1.37 2.18 2.91 2.97
2.23 Russia 2.24 2.65 2.60 2.56 2.66
16.92 Other 17.86 19.07 20.13 22.79 22.49
133.56 Total 143.60 153.79 166.40 175.58 183.19
Exports none
46.99 Brazil 50.85 54.65 63.37 73.61 72.59
45.57 United States 51.12 53.96 60.28 57.46 63.46
12.69 Canada 13.01 14.55 15.64 17.03 17.33
8.59 Argentina 11.56 11.21 7.88 5.07 8.87
4.86 Paraguay 4.62 5.41 6.13 6.26 5.91
3.57 Ukraine 4.43 3.89 4.13 4.75 5.20
3.07 Australia 2.92 2.23 3.42 2.69 3.29
8.41 Other 8.67 7.40 9.78 8.26 9.71
133.77 Total 147.18 153.29 170.63 175.13 186.35
Crush none
107.63 China 112.09 117.80 124.52 134.30 141.98
51.46 United States 55.11 55.06 56.26 58.50 58.88
44.97 European Union 47.84 46.74 46.97 48.73 48.93
38.79 Argentina 43.39 46.37 46.72 44.60 47.87
39.71 Brazil 42.94 41.85 43.40 45.95 46.26
28.91 India 25.15 22.70 27.61 26.83 28.43
13.05 Russia 13.08 13.59 15.40 15.90 17.10
12.16 Ukraine 11.45 12.93 15.58 14.70 16.30
9.64 Indonesia 10.25 10.02 10.98 11.58 11.95
8.50 Canada 9.15 10.32 11.14 11.15 11.30
6.08 Mexico 6.41 6.49 6.73 7.53 7.89
5.11 Pakistan 5.96 5.58 5.88 6.55 7.20
5.53 Malaysia 5.56 5.21 5.38 5.89 5.99
4.40 Japan 4.66 4.73 4.86 4.83 4.83
3.45 Turkey 4.30 3.68 4.05 4.46 4.70
40.33 Other 43.02 42.93 44.56 48.01 49.80
419.71 Total 440.34 445.98 470.03 489.50 509.38
Ending Stocks none
26.61 Argentina 33.37 32.51 37.49 29.59 30.36
16.00 Brazil 19.21 18.67 25.61 23.04 21.36
14.98 China 18.60 18.32 21.93 22.01 20.46
3.95 United States 6.76 6.87 9.60 16.47 13.15
4.22 European Union 3.85 4.15 2.79 3.24 3.07
13.70 Other 12.86 11.61 12.71 12.73 11.66
79.47 Total 94.65 92.12 110.13 107.08 100.05
Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
74.75 China 78.57 83.55 88.77 95.60 101.53
39.29 United States 43.21 42.78 43.11 45.14 45.42
29.10 Argentina 32.29 34.51 34.72 32.81 35.31
29.88 Brazil 32.48 31.74 32.84 34.79 34.99
28.72 European Union 30.63 30.16 30.17 31.26 31.38
81.52 Other 83.78 83.35 91.88 95.10 99.85
283.26 Total 300.96 306.09 321.49 334.69 348.48
Imports none
24.62 European Union 25.82 25.40 25.02 24.64 24.85
3.94 Vietnam 4.97 5.71 5.67 5.49 5.70
4.03 Indonesia 4.04 4.20 4.34 4.49 4.70
3.80 United States 3.87 4.08 3.92 3.77 3.79
3.14 Thailand 3.65 2.98 3.32 3.40 3.44
3.68 Korea, South 3.42 3.39 3.03 3.17 3.26
2.52 Japan 2.31 2.60 2.93 3.03 3.13
34.63 Other 34.39 34.72 36.61 36.76 38.16
80.36 Total 82.49 83.08 84.85 84.74 87.03
Exports none
25.38 Argentina 29.19 31.09 32.13 29.88 31.40
13.95 Brazil 14.29 15.41 13.76 15.60 15.50
10.80 United States 12.14 11.18 10.83 11.88 11.61
3.81 Ukraine 3.74 4.35 5.19 5.00 5.52
3.67 Canada 3.86 4.44 4.98 5.10 5.16
3.93 Indonesia 4.28 4.12 4.51 4.79 4.89
2.43 Paraguay 2.59 2.56 2.41 2.43 2.58
19.33 Other 16.09 13.77 14.39 14.03 13.71
83.31 Total 86.18 86.91 88.19 88.72 90.38
Domestic Consumption none
74.78 China 78.73 83.33 90.79 97.29 103.09
51.87 European Union 54.24 54.30 54.65 54.83 55.03
32.31 United States 34.94 35.69 36.07 37.10 37.60
16.43 Brazil 16.88 17.46 18.12 18.87 19.59
12.19 India 12.17 12.88 13.92 14.69 15.34
4.62 Russia 5.32 5.87 6.62 7.25 7.91
5.83 Mexico 6.37 6.97 7.06 7.44 7.71
5.24 Vietnam 5.85 6.47 6.84 7.04 7.24
5.44 Japan 5.54 5.87 6.29 6.41 6.46
5.26 Thailand 5.32 5.37 5.43 5.51 5.70
64.81 Other 68.28 68.91 72.84 76.12 79.56
278.77 Total 293.64 303.11 318.63 332.54 345.21
SME none
69.74 China 73.80 78.55 86.01 91.91 97.62
44.11 European Union 46.36 46.60 46.73 46.79 46.90
30.92 United States 33.56 34.28 34.65 35.78 36.20
16.16 Brazil 16.64 17.26 17.88 18.59 19.30
10.57 India 10.62 11.00 11.91 12.59 13.20
5.44 Mexico 5.97 6.57 6.66 6.99 7.22
5.05 Vietnam 5.63 6.23 6.55 6.76 6.96
71.45 Other 75.22 76.97 80.59 84.11 87.99
253.43 Total 267.80 277.48 290.98 303.52 315.38
Ending Stocks none
2.49 Brazil 3.82 2.72 3.71 4.06 3.99
4.27 Argentina 4.26 4.34 3.39 2.57 2.51
0.84 European Union 1.76 1.83 1.06 0.88 0.91
0.58 Indonesia 0.54 0.57 0.55 0.60 0.77
0.47 Malaysia 0.55 0.36 0.37 0.51 0.57
5.68 Other 7.03 7.29 7.53 6.16 5.96
14.33 Total 17.96 17.11 16.62 14.78 14.71
Major Protein Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
35.02 Indonesia 37.78 36.68 41.10 43.83 45.97
24.31 China 25.04 26.27 27.45 29.32 30.84
22.59 Malaysia 22.27 19.85 21.13 22.95 23.51
18.24 European Union 18.08 18.42 18.07 19.13 19.25
10.43 United States 10.94 11.21 11.43 11.73 11.90
7.84 Argentina 8.97 9.69 9.82 9.48 10.11
8.00 Brazil 8.65 8.46 8.82 9.33 9.41
45.39 Other 45.47 46.28 51.47 52.87 55.22
171.81 Total 177.19 176.86 189.29 198.62 206.21
Imports none
11.50 India 14.14 15.11 15.43 16.37 17.74
9.98 European Union 9.88 9.97 10.91 9.80 9.84
9.10 China 8.63 7.77 8.00 7.67 7.77
4.02 United States 4.23 4.53 4.73 4.97 5.12
2.84 Pakistan 2.98 2.91 3.28 3.23 3.36
1.68 Bangladesh 1.79 2.15 2.15 2.38 2.55
2.08 Egypt 2.25 2.04 2.16 2.06 2.08
0.75 Philippines 0.87 1.05 1.30 1.21 1.31
1.46 Turkey 1.53 1.41 1.50 1.28 1.30
1.60 Iran 1.14 0.99 1.27 1.23 1.25
21.92 Other 23.30 22.55 24.15 24.99 25.80
66.94 Total 70.73 70.49 74.88 75.19 78.11
Exports none
23.94 Indonesia 28.51 25.19 29.86 30.32 31.52
18.75 Malaysia 18.84 17.85 17.46 18.45 18.70
4.36 Ukraine 4.12 4.81 6.11 5.53 6.03
4.55 Argentina 5.72 6.41 6.28 5.56 5.95
2.45 Canada 2.54 2.93 3.32 3.34 3.26
2.46 Russia 2.23 2.23 2.98 3.00 3.14
2.31 European Union 2.48 2.48 2.42 2.30 2.47
11.45 Other 12.08 11.66 12.69 12.66 12.64
70.26 Total 76.52 73.58 81.13 81.14 83.71
Domestic Consumption none
32.77 China 33.66 34.88 36.10 37.33 38.56
25.35 European Union 25.81 26.06 26.39 26.34 26.52
18.66 India 20.05 20.95 22.31 23.53 24.79
13.50 United States 13.68 14.57 14.72 15.31 15.84
11.05 Indonesia 9.90 11.35 11.86 12.44 13.33
7.00 Brazil 7.52 7.54 7.92 8.32 8.46
4.36 Malaysia 4.56 4.53 4.29 4.81 5.16
3.77 Pakistan 4.15 4.25 4.45 4.67 4.87
3.53 Argentina 3.11 3.56 3.71 3.99 4.17
3.16 Russia 3.24 3.31 3.40 3.49 3.62
2.32 Thailand 2.49 2.44 2.77 3.09 3.26
2.44 Mexico 2.56 2.65 2.77 2.93 3.04
1.90 Bangladesh 2.08 2.37 2.49 2.74 2.93
2.38 Egypt 2.48 2.47 2.50 2.55 2.61
2.33 Japan 2.36 2.36 2.42 2.49 2.55
31.91 Other 33.32 33.96 36.01 37.48 38.91
166.43 Total 170.95 177.24 184.11 191.51 198.63
Ending Stocks none
3.61 Indonesia 3.02 3.20 2.63 3.74 4.90
2.45 Malaysia 3.00 1.83 2.29 3.25 4.09
5.33 China 5.20 4.25 3.44 2.87 2.71
2.19 European Union 1.86 1.70 1.86 2.15 2.25
0.97 United States 1.29 1.20 1.23 1.32 1.28
9.82 Other 10.46 9.18 8.83 8.11 8.21
24.37 Total 24.82 21.35 20.28 21.44 23.43
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
86,700 Brazil 97,200 96,500 114,100 117,000 117,000
91,389 United States 106,878 106,857 116,920 119,518 116,483
53,400 Argentina 61,400 56,800 57,800 39,000 56,000
11,951 China 12,154 11,785 12,900 14,200 14,100
9,477 India 8,711 6,929 11,000 9,000 10,800
8,190 Paraguay 8,154 9,217 10,200 10,000 9,800
5,356 Canada 6,045 6,456 6,597 8,000 7,800
16,249 Other 19,365 19,031 20,824 19,981 22,557
282,712 Total 319,907 313,575 350,341 336,699 354,540
Imports none
70,364 China 78,350 83,230 93,495 97,000 103,000
13,293 European Union 13,914 15,120 13,422 14,100 14,200
3,842 Mexico 3,819 4,126 4,126 4,400 4,650
2,894 Japan 3,004 3,186 3,175 3,250 3,250
1,798 Thailand 2,411 2,798 3,077 3,150 3,225
1,694 Egypt 1,947 1,300 2,115 2,800 2,900
2,241 Indonesia 2,006 2,274 2,649 2,700 2,850
2,335 Taiwan 2,520 2,476 2,566 2,550 2,550
1,608 Turkey 2,197 2,283 2,271 2,300 2,500
2,048 Russia 1,986 2,336 2,221 2,300 2,400
10,951 Other 12,208 14,204 15,207 18,083 18,019
113,068 Total 124,362 133,333 144,324 152,633 159,544
Exports none
46,829 Brazil 50,612 54,383 63,137 73,300 72,300
44,594 United States 50,143 52,860 59,157 56,200 62,324
7,842 Argentina 10,575 9,922 7,026 4,200 8,000
4,844 Paraguay 4,576 5,400 6,129 6,250 5,900
3,469 Canada 3,763 4,236 4,591 5,500 5,800
5,144 Other 6,548 5,705 7,502 5,813 7,499
112,722 Total 126,217 132,506 147,542 151,263 161,823
Crush none
68,850 China 74,500 81,500 88,000 95,000 102,000
47,192 United States 50,975 51,335 51,742 54,159 54,295
36,173 Argentina 40,235 43,267 43,303 40,725 44,000
36,861 Brazil 40,435 39,747 40,900 43,000 43,200
13,100 European Union 14,450 14,950 14,400 14,900 14,900
8,700 India 7,700 5,500 9,000 8,200 9,100
3,300 Russia 3,600 4,000 4,400 4,700 5,100
4,030 Mexico 4,175 4,400 4,600 4,870 5,050
3,550 Paraguay 3,700 3,800 3,750 3,700 3,950
1,680 Egypt 1,950 1,150 2,200 2,600 3,000
440 Iran 1,450 1,950 2,050 2,300 2,420
2,250 Bolivia 2,450 2,550 2,050 2,550 2,350
1,969 Japan 2,150 2,283 2,392 2,350 2,300
11 Pakistan 500 1,250 1,680 2,000 2,300
1,925 Taiwan 1,980 1,980 2,045 2,080 2,100
12,752 Other 14,560 15,362 15,293 16,256 17,272
242,783 Total 264,810 275,024 287,805 299,390 313,337
Ending Stocks none
25,271 Argentina 31,700 31,600 36,220 28,775 29,685
15,820 Brazil 19,078 18,558 25,473 22,873 21,200
13,848 China 17,009 16,910 20,391 20,641 19,191
2,504 United States 5,188 5,354 8,208 14,430 11,293
1,253 European Union 843 1,559 1,131 1,073 1,173
3,777 Other 4,096 4,406 4,965 4,372 4,161
62,473 Total 77,914 78,387 96,388 92,164 86,703
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 May 2018Office of Global Analysis
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
54,531 China 59,004 64,548 69,696 75,240 80,784
36,909 United States 40,880 40,525 40,630 42,728 42,864
27,892 Argentina 30,928 33,211 33,280 31,155 33,660
28,540 Brazil 31,300 30,750 31,660 33,400 33,553
10,349 European Union 11,416 11,811 11,376 11,771 11,771
6,960 India 6,160 4,400 7,200 6,560 7,280
2,600 Russia 2,837 3,152 3,467 3,704 4,019
22,609 Other 25,997 27,465 28,563 30,752 32,428
190,390 Total 208,522 215,862 225,872 235,310 246,359
Imports none
18,137 European Union 19,623 19,207 18,924 18,500 18,500
3,344 Vietnam 4,311 5,094 4,945 4,800 5,000
3,806 Indonesia 3,902 4,103 4,245 4,400 4,600
2,665 Thailand 3,068 2,433 2,782 2,850 2,880
2,335 Philippines 2,204 2,618 2,660 2,750 2,850
1,410 Mexico 1,795 2,367 1,991 2,100 2,100
1,825 Korea, South 1,751 2,118 1,764 1,800 1,900
1,976 Japan 1,699 1,721 1,621 1,650 1,650
1,036 Colombia 1,148 1,206 1,284 1,425 1,500
1,397 Malaysia 1,465 1,291 1,427 1,525 1,500
19,836 Other 19,719 19,600 18,887 19,078 20,054
57,767 Total 60,685 61,758 60,530 60,878 62,534
Exports none
24,972 Argentina 28,575 30,333 31,323 29,000 30,500
13,948 Brazil 14,290 15,407 13,762 15,600 15,500
10,504 United States 11,891 10,844 10,524 11,521 11,249
2,428 Paraguay 2,569 2,552 2,407 2,430 2,580
1,608 Bolivia 1,674 1,726 1,264 1,690 1,550
7,188 Other 5,405 4,639 5,218 4,571 4,439
60,648 Total 64,404 65,501 64,498 64,812 65,818
Domestic Consumption none
52,534 China 57,467 62,663 68,646 74,270 79,814
26,775 United States 29,282 30,044 30,299 31,752 31,933
28,042 European Union 30,142 30,742 30,342 30,042 29,942
15,100 Brazil 15,700 16,470 16,943 17,480 18,150
4,200 Vietnam 4,750 5,470 5,740 5,960 6,120
4,575 Mexico 5,050 5,700 5,770 5,930 6,080
3,640 India 4,500 4,460 4,857 5,390 5,900
3,800 Indonesia 4,000 4,100 4,254 4,450 4,600
4,150 Thailand 4,100 4,230 4,232 4,300 4,450
2,500 Russia 2,700 3,100 3,250 3,600 4,000
3,429 Japan 3,365 3,458 3,420 3,463 3,390
2,800 Iran 3,000 3,080 3,180 3,280 3,380
2,450 Egypt 2,650 2,850 2,980 3,150 3,350
2,100 Argentina 2,402 2,672 2,853 3,000 3,200
2,250 Philippines 2,400 2,600 2,720 2,850 2,950
28,192 Other 30,054 31,319 32,537 33,982 35,963
186,537 Total 201,562 212,958 222,023 232,899 243,222
Ending Stocks none
2,484 Brazil 3,812 2,710 3,700 4,050 3,983
4,073 Argentina 4,025 4,231 3,335 2,490 2,450
325 European Union 860 832 456 365 394
227 United States 236 239 363 272 272
107 Vietnam 270 550 493 305 255
3,595 Other 4,849 4,651 4,747 4,089 4,070
10,811 Total 14,052 13,213 13,094 11,571 11,424
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 May 2018Office of Global Analysis
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
12,335 China 13,347 14,605 15,770 17,024 18,278
9,131 United States 9,706 9,956 10,035 10,380 10,451
6,785 Argentina 7,687 8,433 8,395 7,875 8,510
7,074 Brazil 7,759 7,627 7,850 8,250 8,290
2,489 European Union 2,746 2,841 2,736 2,831 2,831
1,566 India 1,386 990 1,620 1,475 1,635
591 Russia 645 717 788 842 914
5,252 Other 6,025 6,360 6,594 7,084 7,440
45,223 Total 49,301 51,529 53,788 55,761 58,349
Imports none
1,804 India 2,815 4,269 3,534 3,345 3,550
442 Bangladesh 508 639 830 780 800
629 Algeria 631 732 667 720 760
444 Morocco 432 465 497 500 515
355 Peru 395 382 449 400 435
288 Colombia 304 372 352 355 375
1,353 China 773 586 711 450 350
278 Korea, South 257 250 306 290 310
230 Egypt 480 674 246 300 300
551 Iran 421 299 257 280 295
2,894 Other 3,018 2,970 3,002 2,807 2,891
9,268 Total 10,034 11,638 10,851 10,227 10,581
Exports none
4,087 Argentina 5,094 5,698 5,387 4,675 5,100
1,378 Brazil 1,510 1,550 1,241 1,480 1,325
852 United States 914 1,017 1,160 1,043 953
766 European Union 1,010 915 831 750 800
630 Paraguay 699 709 680 670 710
332 Russia 423 431 529 550 600
371 Bolivia 392 444 236 380 340
1,006 Other 1,073 1,005 1,191 1,109 1,133
9,422 Total 11,115 11,769 11,255 10,657 10,961
Domestic Consumption none
13,650 China 14,200 15,350 16,350 17,300 18,450
8,576 United States 8,600 9,145 9,009 9,389 9,661
5,705 Brazil 6,265 6,330 6,610 6,890 6,980
3,300 India 4,100 5,200 5,300 5,100 5,200
2,844 Argentina 2,401 2,840 2,985 3,255 3,418
1,990 European Union 2,040 2,285 2,205 2,225 2,245
905 Mexico 961 1,020 1,100 1,100 1,125
551 Bangladesh 668 785 1,005 990 1,029
442 Egypt 752 960 610 720 800
590 Algeria 640 700 710 710 750
600 Iran 660 680 700 710 720
107 Pakistan 242 415 475 495 525
420 Morocco 450 480 470 495 515
440 Korea, South 435 440 460 470 495
340 Colombia 385 425 440 450 460
4,797 Other 4,976 5,028 5,158 5,330 5,544
45,257 Total 47,775 52,083 53,587 55,629 57,917
Ending Stocks none
529 United States 841 765 776 860 833
965 China 778 523 536 540 568
249 European Union 198 164 149 250 286
390 Brazil 385 197 256 196 241
151 Argentina 365 260 283 228 220
1,634 Other 1,796 1,769 1,475 1,103 1,081
3,918 Total 4,363 3,678 3,475 3,177 3,229
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 May 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 10,829 11,835 11,564 1,359 1,207 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 11,521 11,249 1,160 1,043 953 59,157 56,200 62,324
South America 48,766 48,731 50,150 7,555 7,217 7,487 79,527 85,427 89,153
Argentina (Oct-Sep) 31,323 29,000 30,500 5,387 4,675 5,100 7,026 4,200 8,000
Brazil (Oct-Sep) 13,762 15,600 15,500 1,241 1,480 1,325 63,137 73,300 72,300
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 2,739 2,696 2,340 2,231 2,362 3,998 3,866 4,246
World Total 64,498 64,812 65,818 11,255 10,657 10,961 147,542 151,263 161,823
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 3,398 423 386 391 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 4,410 3,430
Brazil (Oct-Sep) 35 30 30 60 60 60 252 200 400
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 3,853 4,098 5,049 4,735 4,964 5,335 6,104 6,560
World Total 60,530 60,878 62,534 10,851 10,227 10,581 144,324 152,633 159,544
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
Production none
30,500 Indonesia 33,000 32,000 36,000 38,500 40,500
20,161 Malaysia 19,879 17,700 18,858 20,500 21,000
2,000 Thailand 2,068 1,804 2,500 2,700 2,900
1,041 Colombia 1,110 1,275 1,147 1,250 1,350
880 Nigeria 910 970 970 970 970
4,612 Other 4,790 5,203 5,799 5,801 5,859
59,194 Total 61,757 58,952 65,274 69,721 72,579
Imports none
7,820 India 9,139 8,860 9,341 10,600 11,500
6,969 European Union 6,935 6,636 7,224 6,500 6,500
5,573 China 5,696 4,689 4,881 4,900 4,950
2,725 Pakistan 2,826 2,720 3,075 3,100 3,250
1,232 Bangladesh 1,280 1,511 1,314 1,600 1,750
1,220 United States 1,143 1,307 1,367 1,545 1,600
1,075 Egypt 1,489 1,038 1,323 1,200 1,200
681 Philippines 792 941 1,165 1,100 1,200
646 Russia 854 933 849 900 900
697 Vietnam 715 727 792 820 840
13,006 Other 13,602 13,008 14,152 14,827 15,348
41,644 Total 44,471 42,370 45,483 47,092 49,038
Exports none
21,719 Indonesia 25,964 22,906 27,633 28,000 29,200
17,344 Malaysia 17,378 16,621 16,301 17,250 17,500
411 Guatemala 453 614 718 710 712
556 Papua New Guinea 607 575 663 635 640
600 Benin 500 460 520 560 550
2,597 Other 2,487 2,566 3,072 2,993 3,138
43,227 Total 47,389 43,742 48,907 50,148 51,740
Domestic Consumption none
8,302 India 9,150 9,100 9,650 10,800 11,720
8,750 Indonesia 7,520 8,870 9,070 9,450 10,130
6,800 European Union 6,900 6,600 6,800 6,550 6,450
5,700 China 5,700 4,800 4,830 4,850 4,900
2,869 Malaysia 2,941 2,990 2,685 3,117 3,425
2,540 Pakistan 2,738 2,795 2,995 3,145 3,245
1,790 Thailand 1,925 1,835 2,172 2,440 2,590
1,215 Bangladesh 1,275 1,411 1,314 1,570 1,725
1,207 United States 1,092 1,269 1,355 1,527 1,580
600 Philippines 811 930 1,225 1,250 1,320
1,380 Nigeria 1,410 1,320 1,240 1,260 1,290
1,150 Egypt 1,350 1,100 1,300 1,230 1,200
923 Colombia 943 940 952 978 985
750 Russia 810 850 850 870 870
603 Vietnam 674 755 806 827 837
12,720 Other 12,962 13,332 14,410 15,177 15,805
57,299 Total 58,201 58,897 61,654 65,041 68,072
Ending Stocks none
3,210 Indonesia 2,734 2,958 2,260 3,310 4,480
2,090 Malaysia 2,641 1,546 2,016 2,899 3,674
168 Thailand 335 293 323 348 373
370 India 539 499 390 390 370
537 European Union 456 344 630 440 350
3,171 Other 3,479 3,227 3,444 3,300 3,245
9,546 Total 10,184 8,867 9,063 10,687 12,492
Foreign Agricultural Service/USDA May 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 11,009 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 22,400
Other 5,199 5,738 5,974 3,661 4,038 4,201 9,334 10,364 11,227
World Total 39,893 40,607 41,741 28,200 28,748 29,520 71,119 74,284 75,431
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 4,200
Other 4,769 4,568 4,781 3,061 3,129 3,216 4,673 4,966 5,115
World Total 5,896 5,933 6,013 4,402 4,392 4,486 15,644 16,416 17,215
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) 511 425 400 344 275 350 319 125 300
Other 408 492 506 1,028 1,137 1,191 4,459 5,024 5,690
World Total 6,033 6,137 6,226 4,527 4,606 4,665 15,800 16,649 17,490
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 2,420 2,405 2,480 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 9,767 10,261 5,740 5,934 6,234 9,369 10,227 10,634
World Total 39,860 40,583 41,518 29,044 29,115 29,511 72,051 73,080 75,129
Ending Stocks
China (Oct-Sep) 0 0 0 2,676 2,071 1,861 1,346 1,196 1,096
India (Oct-Sep) 401 251 251 316 228 195 710 490 490
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 1,206
Other 155 202 190 418 514 506 1,115 1,194 1,212
World Total 991 811 821 4,305 3,724 3,554 5,525 6,496 6,523
Foreign Agricultural Service/USDA May 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 (Mar-Feb) 3,400 3,400 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 47,817 47,200 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 20 20
Turkey (Sep-Aug) 591 650 600 958 950 980 793 525 500
Ukraine (Sep-Aug) 24 25 20 1 5 0 0 2 2
European Union (Oct-Sep) 697 500 500 3,708 3,800 4,000 1,834 1,450 1,500
Other 754 978 920 2,268 2,382 2,543 6,251 6,081 6,615
World Total 2,173 2,203 2,090 6,946 7,177 7,543 8,896 8,078 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 2,100 2,200
Turkey (Sep-Aug) 47 60 60 4 3 5 635 350 350
Ukraine (Sep-Aug) 191 50 50 4,807 4,600 5,100 5,851 5,300 5,800
European Union (Oct-Sep) 353 500 350 275 325 300 459 480 490
Other 1,406 1,511 1,498 261 250 234 509 495 477
World Total 2,440 2,316 2,233 7,436 7,353 7,739 10,402 9,490 10,052
Domestic Consumption
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 8,250 4,700 4,952 5,259 7,764 8,151 8,675
World Total 46,987 47,568 49,978 19,100 19,892 20,569 16,666 17,078 17,762
Ending Stocks
Argentina (Mar-Feb) 791 556 425 45 72 54 26 14 17
Russia (Sep-Aug) 344 176 266 352 197 200 234 194 279
Turkey (Sep-Aug) 49 67 55 150 117 112 31 76 76
Ukraine (Sep-Aug) 421 206 226 434 297 245 105 83 208
European Union (Oct-Sep) 600 669 589 328 283 251 311 382 367
Other 712 762 601 124 128 113 952 774 716
World Total 2,917 2,436 2,162 1,433 1,094 975 1,659 1,523 1,663
Foreign Agricultural Service/USDA May 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 3,008 3,064 1,115 1,382 1,368 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) 129 112 124 246 263 268 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 1,673 1,884 1,973 540 761 636
World Total 5,942 6,003 6,081 4,416 5,080 5,223 2,482 3,262 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 2 2 316 322 330
European Union (Oct-Sep) 73 70 70 1 1 1 110 180 150
Other 24 23 23 44 43 41 318 328 346
World Total 226 235 230 45 46 44 788 876 874
Exports
China (Oct-Sep) 8 8 8 2 5 5 0 0 0
India (Oct-Sep) 13 15 15 0 0 0 nr nr nr
Turkey (Nov-Oct) 0 0 0 1 2 2 48 60 90
United States (Aug-Jul) 5 7 9 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 32 193 293 216
World Total 265 284 286 73 89 84 880 995 986
Domestic Consumption
China (Oct-Sep) 2,999 3,110 3,166 1,113 1,377 1,363 49 51 53
India (Oct-Sep) 1,165 1,208 1,210 1,165 1,265 1,315 nr nr nr
Turkey (Nov-Oct) 7 7 7 185 234 246 145 160 165
United States (Aug-Jul) 140 137 142 198 212 225 319 326 336
European Union (Oct-Sep) 80 77 77 36 45 45 1,370 1,570 1,670
Other 1,439 1,452 1,458 1,688 1,876 1,989 703 749 773
World Total 5,830 5,991 6,060 4,385 5,009 5,183 2,586 2,856 2,997
Ending Stocks
China (Oct-Sep) 0 0 0 0 0 0 0 0 0
India (Oct-Sep) 142 107 82 32 42 47 nr nr nr
Turkey (Nov-Oct) 0 0 0 5 1 3 23 83 78
United States (Aug-Jul) 11 11 11 20 23 23 0 0 0
European Union (Oct-Sep) 5 6 7 0 0 0 173 353 403
Other 89 86 75 47 66 59 140 187 180
World Total 247 210 175 104 132 132 336 623 661
Foreign Agricultural Service/USDA May 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
393.94 31.7175.60528.8875.4159.53220.66 2005/06 386.92 66.35
405.71 31.4882.89552.8980.8366.35223.39 2006/07 394.64 75.37
391.42 31.7091.76557.2490.4575.37219.53 2007/08 402.64 62.84
398.85 33.6094.15556.2494.5562.84230.42 2008/09 404.81 57.27
447.34 34.79107.61607.21102.6057.27235.77 2009/10 425.39 74.20
460.99 36.32108.32640.22105.0374.20245.62 2010/11 446.98 84.92
447.42 36.47110.98645.48113.1584.92248.94 2011/12 466.98 67.52
475.69 36.66118.12657.99114.7867.52256.90 2012/13 470.63 69.24
504.76 37.62133.77707.56133.5669.24260.93 2013/14 494.33 79.47
538.86 38.81147.18761.92143.6079.47267.05 2014/15 520.09 94.65
522.41 39.79153.29770.85153.7994.65264.85 2015/16 525.44 92.12
576.11 41.88170.63834.63166.4092.12267.74 2016/17 553.87 110.13
572.79 43.40175.13858.49175.58110.13277.94 2017/18 576.28 107.08
593.72 44.41186.35884.00183.19107.08283.23 2018/19 597.60 100.05
Major Protein Meals
217.21 0.2867.35291.1065.688.21nr 2005/06 214.87 8.89
224.22 0.2869.25300.4167.308.89nr 2006/07 220.84 10.32
231.65 0.2972.93312.4070.4310.32nr 2007/08 229.09 10.38
229.94 0.3270.15308.7668.4410.38nr 2008/09 230.06 8.55
244.40 0.4072.70323.3970.448.55nr 2009/10 240.46 10.23
257.51 0.3377.90342.8775.1310.23nr 2010/11 252.03 12.94
267.77 0.4081.12359.9279.2112.94nr 2011/12 264.17 14.63
269.72 0.4379.38359.1074.7614.63nr 2012/13 266.94 12.79
283.26 0.4483.31376.4080.3612.79nr 2013/14 278.77 14.33
300.96 0.4586.18397.7782.4914.33nr 2014/15 293.64 17.96
306.09 0.4886.91407.1383.0817.96nr 2015/16 303.11 17.11
321.49 0.5988.19423.4484.8517.11nr 2016/17 318.63 16.62
334.69 0.6688.72436.0484.7416.62nr 2017/18 332.54 14.78
348.48 0.6890.38450.3087.0314.78nr 2018/19 345.21 14.71
Major Vegetable Oils
119.86 94.0348.51175.8343.5312.4513.60 2005/06 113.19 14.13
122.74 96.4150.29183.5946.7314.1314.19 2006/07 118.69 14.62
129.74 99.4754.45194.4350.0814.6214.73 2007/08 125.05 14.94
134.94 103.2056.64203.5753.7014.9415.61 2008/09 131.15 15.78
142.41 107.2958.81213.5855.3915.7816.46 2009/10 137.97 16.80
149.16 109.9160.77222.7656.8016.8017.50 2010/11 142.56 19.42
158.31 116.0964.85239.5161.7819.4218.48 2011/12 151.87 22.80
161.56 121.5568.34249.5965.2322.8019.11 2012/13 158.94 22.31
171.81 126.0070.26261.0566.9422.3119.97 2013/14 166.43 24.37
177.19 131.1876.52272.2870.7324.3720.79 2014/15 170.95 24.82
176.86 135.2773.58272.1670.4924.8221.72 2015/16 177.24 21.35
189.29 140.6381.13285.5274.8821.3522.38 2016/17 184.11 20.28
198.62 145.8081.14294.0975.1920.2823.20 2017/18 191.51 21.44
206.21 151.4183.71305.7778.1121.4423.64 2018/19 198.63 23.43
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA May 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
240.38 229.0891.77404.8694.5569.93102.90 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
350.34 287.81147.54573.05144.3278.39120.13 2016/17 329.12 96.39
336.70 299.39151.26585.72152.6396.39124.58 2017/18 342.29 92.16
354.54 313.34161.82606.25159.5492.16128.49 2018/19 357.72 86.70
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
225.87 288.1164.50299.6260.5313.21nr 2016/17 222.02 13.09
235.31 299.8364.81309.2860.8813.09nr 2017/18 232.90 11.57
246.36 313.8865.82320.4662.5311.57nr 2018/19 243.22 11.42
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 45.26 3.92
49.30 264.8111.1263.2510.033.92nr 2014/15 47.78 4.36
51.53 275.0211.7767.5311.644.36nr 2015/16 52.08 3.68
53.79 287.8111.2668.3210.853.68nr 2016/17 53.59 3.48
55.76 299.3910.6669.4610.233.48nr 2017/18 55.63 3.18
58.35 313.3410.9672.1110.583.18nr 2018/19 57.92 3.23
Based on the aggregate of different marketing years, primarily October through September.
Foreign Agricultural Service/USDA May 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 69.35 7.53
71.29 0.5515.1193.1314.327.5335.48 2014/15 70.44 7.59
69.81 0.6514.3591.8214.427.5933.82 2015/16 70.86 6.61
71.12 0.7015.8093.3815.646.6133.90 2016/17 72.05 5.53
74.28 0.6016.6596.2316.425.5335.76 2017/18 73.08 6.50
75.43 0.6517.4999.1417.226.5036.59 2018/19 75.13 6.52
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 0.006.1447.535.930.99nr 2017/18 40.58 0.81
41.74 0.006.2348.576.010.81nr 2018/19 41.52 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 18.984.0737.023.955.54nr 2014/15 27.14 5.81
27.78 19.914.1737.724.135.81nr 2015/16 28.28 5.27
28.20 20.484.5337.884.405.27nr 2016/17 29.04 4.31
28.75 20.444.6137.454.394.31nr 2017/18 29.12 3.72
29.52 20.794.6737.734.493.72nr 2018/19 29.51 3.55
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA May 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
39.17 2.9039.481.661.563.3023.10 2014/15
40.24 2.3540.642.011.872.9023.26 2015/16
47.82 2.9246.992.442.172.3525.31 2016/17
47.20 2.4447.572.322.202.9225.60 2017/18
49.85 2.1649.982.232.092.4426.11 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 1.0919.897.357.181.43nr 2017/18
20.65 0.9820.577.747.541.09nr 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 1.5217.089.498.081.66nr 2017/18
19.32 1.6617.7610.058.641.52nr 2018/19
Based on the aggregate of different marketing years, primarily September through August.
Foreign Agricultural Service/USDA May 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 24.996.9427.8965.8836.044.62 2005/06 32.47 5.52
26.25 26.837.5728.3969.3837.615.52 2006/07 34.91 6.09
29.93 29.598.8532.4977.4741.466.09 2007/08 39.01 5.98
33.08 31.989.6335.0083.5644.505.98 2008/09 42.26 6.30
34.31 33.3010.0736.3287.0146.406.30 2009/10 43.96 6.73
35.09 33.9710.7337.3691.0449.226.73 2010/11 45.27 8.40
38.39 36.8412.4739.8999.3652.578.40 2011/12 49.96 9.52
41.80 40.1514.5643.08107.6656.349.52 2012/13 55.35 9.23
41.64 40.8415.8143.23110.0759.199.23 2013/14 57.30 9.55
44.47 43.0714.4347.39115.7761.769.55 2014/15 58.20 10.18
42.37 42.3115.8943.74111.5158.9510.18 2015/16 58.90 8.87
45.48 44.5916.3548.91119.6265.278.87 2016/17 61.65 9.06
47.09 47.0117.2650.15125.8869.729.06 2017/18 65.04 10.69
49.04 49.2718.0051.74132.3072.5810.69 2018/19 68.07 12.49
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
1.48 1.601.601.695.363.540.34 2017/18 3.23 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 0.000.052.518.214.880.27 2016/17 5.45 0.25
2.44 0.000.052.257.314.630.25 2017/18 4.79 0.27
2.45 0.000.052.317.334.600.27 2018/19 4.80 0.22
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA May 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 55,11151,116121,8331,8513,95338,983 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 58,50057,464142,0551,4219,60142,797 2017/18 68,122 16,469
127,292 58,87863,463145,1761,41516,46942,145 2018/19 68,568 13,145
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
43,112 56,25710,82947,3083,921275nr 2016/17 36,071 408
45,136 58,50011,88149,3093,765408nr 2017/18 37,099 329
45,419 58,87811,61249,5373,789329nr 2018/19 37,596 329
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
11,728 58,5001,29917,9274,9681,2310 2017/18 15,313 1,315
11,898 58,8781,20518,3305,1171,3150 2018/19 15,842 1,283
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA May 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 50,97550,143110,2869042,50433,423 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 54,15956,200128,4066808,20836,228 2017/18 57,776 14,430
116,483 54,29562,324131,59368014,43035,693 2018/19 57,976 11,293
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
42,728 54,15911,52143,545454363nr 2017/18 31,752 272
42,864 54,29511,24943,454318272nr 2018/19 31,933 272
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
10,380 54,1591,04311,292136776nr 2017/18 9,389 860
10,451 54,29595311,447136860nr 2018/19 9,661 833
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 May 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 40,00052,10097,66236280033,300 2015/16 43,332 2,230
114,100 43,30068,807116,5972672,23033,900 2016/17 46,702 1,088
117,000 43,00070,700118,4884001,08835,100 2017/18 46,500 1,288
117,000 43,20070,750118,5382501,28836,500 2018/19 46,790 998
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 40,00014,65134,792273,785nr 2015/16 16,600 3,541
33,520 43,30013,91537,096353,541nr 2016/17 17,761 5,420
33,400 43,00015,95038,850305,420nr 2017/18 18,100 4,800
33,500 43,20015,15038,330304,800nr 2018/19 18,700 4,480
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 40,0001,2508,19675446nr 2015/16 6,485 461
8,310 43,3001,3238,83160461nr 2016/17 6,887 621
8,250 43,0001,5008,93160621nr 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.
Foreign Agricultural Service/USDA May 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 42,089 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
39,000 41,0003,75061,8322,85019,98217,000 2017/18 45,710 12,372
56,000 45,0008,00070,2221,85012,37218,700 2018/19 50,000 12,222
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
31,470 41,00028,75034,62903,159nr 2017/18 3,100 2,779
34,425 45,00031,00037,20402,779nr 2018/19 3,304 2,900
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
7,895 41,0004,6608,2090314nr 2017/18 3,309 240
8,710 45,0005,2508,9500240nr 2018/19 3,422 278
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 May 2018Office of Global Analysis
Table 24: South East Asia Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
4,187 Oilseed, Copra 4,175 4,054 4,243 4,426 4,506
13,851 Oilseed, Palm Kernel 14,403 13,705 15,058 16,250 16,800
1,040 Oilseed, Soybean 995 947 885 846 821
3,808 Other 3,811 3,705 3,707 3,674 3,644
22,886 Total 23,384 22,411 23,893 25,196 25,771
none
Domestic Consumption none
853 Meal, Fish 847 795 926 904 921
801 Meal, Rapeseed 745 407 358 420 450
16,080 Meal, Soybean 16,946 18,207 18,760 19,429 20,060
2,572 Other 2,995 3,121 3,512 3,502 3,591
20,306 Total 21,533 22,530 23,556 24,255 25,022
none
SME none
1,237 Meal, Fish 1,228 1,152 1,340 1,306 1,331
570 Meal, Rapeseed 530 290 255 299 320
16,030 Meal, Soybean 16,896 18,137 18,670 19,319 19,940
1,392 Other 1,557 1,620 1,777 1,772 1,809
19,228 Total 20,211 21,199 22,041 22,696 23,400
none
Imports none
241 Meal, Fish 236 278 351 345 352
738 Meal, Rapeseed 658 369 343 405 430
13,566 Meal, Soybean 14,972 15,561 16,085 16,351 16,856
391 Other 563 684 739 654 657
14,936 Total 16,429 16,892 17,518 17,755 18,295
none
Industrial Dom. Cons. none
7,012 Oil, Palm 5,518 6,826 6,831 7,640 8,270
0 Oil, Rapeseed 0 0 0 0 0
36 Oil, Soybean 39 42 46 45 47
0 Oil, Sunflowerseed 0 0 0 0 0
3,832 Other 4,014 3,988 4,215 4,530 4,747
10,880 Total 9,571 10,856 11,092 12,215 13,064
none
Food Use Dom. Cons. none
8,360 Oil, Palm 9,053 9,231 9,781 10,055 10,630
61 Oil, Rapeseed 54 26 32 26 28
515 Oil, Soybean 574 652 690 735 785
112 Oil, Sunflowerseed 131 131 131 131 131
1,439 Other 1,385 1,436 1,540 1,577 1,647
10,487 Total 11,197 11,476 12,174 12,524 13,221
none
Domestic Consumption none
15,684 Oil, Palm 14,984 16,463 17,024 18,159 19,402
61 Oil, Rapeseed 54 26 32 26 28
551 Oil, Soybean 613 694 736 780 832
112 Oil, Sunflowerseed 131 131 131 131 131
5,281 Other 5,409 5,434 5,765 6,117 6,404
21,689 Total 21,191 22,748 23,688 25,213 26,797
none
Imports none
2,920 Oil, Palm 3,762 3,600 3,708 3,785 3,895
10 Oil, Rapeseed 13 13 13 13 13
292 Oil, Soybean 321 290 273 266 288
0 Oil, Sunflowerseed 0 0 0 0 0
509 Other 671 567 508 527 487
3,731 Total 4,767 4,470 4,502 4,591 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 May 2018Office of Global Analysis
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
1,106 Oilseed, Cottonseed 1,243 1,032 1,228 1,447 1,543
277 Oilseed, Rapeseed 256 254 263 200 225
283 Oilseed, Soybean 280 242 246 247 247
1,476 Oilseed, Sunflowerseed 1,232 1,147 1,376 1,609 1,639
128 Other 124 148 164 165 154
3,270 Total 3,135 2,823 3,277 3,668 3,808
none
Domestic Consumption none
86 Meal, Fish 85 110 121 125 125
902 Meal, Rapeseed 838 840 865 778 796
6,785 Meal, Soybean 7,065 7,425 7,984 8,198 8,778
2,982 Other 2,925 2,893 3,363 3,720 3,905
10,755 Total 10,913 11,268 12,333 12,821 13,604
none
SME none
125 Meal, Fish 123 159 175 181 181
642 Meal, Rapeseed 596 598 615 554 566
6,783 Meal, Soybean 7,063 7,423 7,982 8,196 8,776
2,013 Other 1,972 1,927 2,246 2,508 2,614
9,563 Total 9,754 10,107 11,019 11,438 12,137
none
Imports none
82 Meal, Fish 79 108 124 120 120
327 Meal, Rapeseed 217 196 190 179 183
5,279 Meal, Soybean 4,319 4,103 4,950 4,490 5,010
1,340 Other 1,419 1,498 1,761 1,765 1,925
7,028 Total 6,034 5,905 7,025 6,554 7,238
none
Imports none
2,362 Oil, Palm 2,127 2,309 2,553 2,652 2,820
46 Oil, Rapeseed 45 61 68 68 69
644 Oil, Soybean 505 413 345 398 410
1,916 Oil, Sunflowerseed 1,760 1,654 2,206 1,855 1,875
175 Other 465 171 174 188 190
5,143 Total 4,902 4,608 5,346 5,161 5,364
none
Industrial Dom. Cons. none
180 Oil, Palm 185 185 185 190 190
35 Oil, Rapeseed 35 30 30 15 15
81 Oil, Soybean 137 126 125 135 138
30 Oil, Sunflowerseed 20 20 20 20 20
52 Other 69 58 54 58 57
378 Total 446 419 414 418 420
none
Food Use Dom. Cons. none
1,793 Oil, Palm 1,507 1,814 1,968 2,083 2,254
258 Oil, Rapeseed 279 324 270 229 227
845 Oil, Soybean 901 929 945 972 1,000
1,835 Oil, Sunflowerseed 1,951 2,077 2,321 2,434 2,532
619 Other 859 641 636 703 720
5,350 Total 5,497 5,785 6,140 6,421 6,733
none
Domestic Consumption none
1,973 Oil, Palm 1,692 1,999 2,153 2,273 2,444
293 Oil, Rapeseed 314 354 300 244 242
981 Oil, Soybean 1,116 1,135 1,125 1,157 1,188
1,885 Oil, Sunflowerseed 1,981 2,107 2,351 2,464 2,562
678 Other 935 705 700 768 784
5,810 Total 6,038 6,300 6,629 6,906 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.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 26: European Union Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
21,306 Oilseed, Rapeseed 24,587 21,997 20,545 22,166 22,400
1,211 Oilseed, Soybean 1,832 2,320 2,410 2,667 2,750
9,054 Oilseed, Sunflowerseed 8,974 7,721 8,598 9,679 9,100
479 Other 510 409 418 493 497
32,050 Total 35,903 32,447 31,971 35,005 34,747
none
Domestic Consumption none
597 Meal, Fish 529 581 536 550 550
13,700 Meal, Rapeseed 14,200 13,800 13,850 14,050 14,300
28,042 Meal, Soybean 30,142 30,742 30,342 30,042 29,942
9,532 Other 9,369 9,181 9,920 10,189 10,239
51,871 Total 54,240 54,304 54,648 54,831 55,031
none
SME none
866 Meal, Fish 767 842 775 795 795
9,748 Meal, Rapeseed 10,103 9,819 9,854 9,997 10,174
28,000 Meal, Soybean 30,100 30,700 30,300 30,000 29,900
5,501 Other 5,394 5,242 5,799 5,994 6,027
44,114 Total 46,365 46,604 46,728 46,785 46,896
none
Imports none
372 Meal, Fish 279 284 193 200 200
457 Meal, Rapeseed 453 409 219 185 200
18,137 Meal, Soybean 19,623 19,207 18,924 18,500 18,500
5,656 Other 5,469 5,502 5,688 5,754 5,954
24,622 Total 25,824 25,402 25,024 24,639 24,854
none
Industrial Dom. Cons. none
3,350 Oil, Palm 3,400 3,400 3,700 3,550 3,550
6,865 Oil, Rapeseed 7,095 7,200 7,100 7,050 7,000
940 Oil, Soybean 990 930 850 870 890
310 Oil, Sunflowerseed 310 420 400 330 330
480 Other 515 475 515 525 535
11,945 Total 12,310 12,425 12,565 12,325 12,305
none
Food Use Dom. Cons. none
3,200 Oil, Palm 3,300 3,000 2,900 2,800 2,700
2,900 Oil, Rapeseed 3,200 2,800 3,000 3,100 3,300
1,000 Oil, Soybean 1,000 1,300 1,300 1,300 1,300
3,350 Oil, Sunflowerseed 3,350 3,850 4,150 4,150 4,150
2,571 Other 2,317 2,358 2,146 2,337 2,437
13,021 Total 13,167 13,308 13,496 13,687 13,887
none
Domestic Consumption none
6,800 Oil, Palm 6,900 6,600 6,800 6,550 6,450
9,815 Oil, Rapeseed 10,345 10,050 10,150 10,200 10,350
1,990 Oil, Soybean 2,040 2,285 2,205 2,225 2,245
3,670 Oil, Sunflowerseed 3,670 4,280 4,560 4,490 4,490
3,076 Other 2,854 2,848 2,676 2,877 2,987
25,351 Total 25,809 26,063 26,391 26,342 26,522
none
Imports none
6,969 Oil, Palm 6,935 6,636 7,224 6,500 6,500
303 Oil, Rapeseed 261 207 153 150 150
329 Oil, Soybean 253 325 285 245 250
1,039 Oil, Sunflowerseed 829 1,418 1,834 1,450 1,500
1,341 Other 1,603 1,383 1,416 1,456 1,436
9,981 Total 9,881 9,969 10,912 9,801 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.
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
16,972 Oilseed, Peanut 16,482 16,440 17,290 17,800 18,100
14,458 Oilseed, Rapeseed 14,772 14,931 14,546 14,400 14,200
11,951 Oilseed, Soybean 12,154 11,785 12,900 14,200 14,100
2,424 Oilseed, Sunflowerseed 2,492 2,698 2,990 3,120 3,250
12,835 Other 11,757 8,600 8,800 10,800 10,600
58,640 Total 57,657 54,454 56,526 60,320 60,250
none
Domestic Consumption none
1,599 Meal, Fish 1,474 1,439 2,019 1,440 1,450
11,287 Meal, Rapeseed 11,032 11,314 11,634 12,144 12,292
52,534 Meal, Soybean 57,467 62,663 68,646 74,270 79,814
9,360 Other 8,761 7,912 8,492 9,432 9,533
74,780 Total 78,734 83,328 90,791 97,286 103,089
none
SME none
2,319 Meal, Fish 2,137 2,087 2,928 2,081 2,095
7,718 Meal, Rapeseed 7,529 7,730 7,957 8,320 8,426
51,574 Meal, Soybean 56,487 61,663 67,596 73,170 78,664
8,127 Other 7,648 7,073 7,530 8,338 8,431
69,737 Total 73,801 78,553 86,011 91,909 97,616
none
Imports none
1,041 Meal, Fish 1,031 1,042 1,583 1,000 1,000
314 Meal, Rapeseed 142 359 875 1,150 1,000
20 Meal, Soybean 58 24 61 30 30
747 Other 553 403 657 550 570
2,122 Total 1,784 1,828 3,176 2,730 2,600
none
Food Use Dom. Cons. none
3,600 Oil, Palm 3,750 2,700 2,680 2,600 2,600
2,851 Oil, Peanut 2,819 2,919 2,999 3,110 3,166
7,400 Oil, Rapeseed 7,800 8,600 8,700 8,500 8,300
13,650 Oil, Soybean 14,200 15,350 16,350 17,300 18,450
1,010 Oil, Sunflowerseed 998 1,379 1,332 1,431 1,617
1,662 Other 1,563 1,272 1,296 1,558 1,546
30,173 Total 31,130 32,220 33,357 34,499 35,679
none
Domestic Consumption none
5,700 Oil, Palm 5,700 4,800 4,830 4,850 4,900
2,851 Oil, Peanut 2,819 2,919 2,999 3,110 3,166
7,400 Oil, Rapeseed 7,800 8,600 8,700 8,500 8,300
13,650 Oil, Soybean 14,200 15,350 16,350 17,300 18,450
1,010 Oil, Sunflowerseed 998 1,379 1,332 1,431 1,617
2,157 Other 2,141 1,832 1,891 2,138 2,126
32,768 Total 33,658 34,880 36,102 37,329 38,559
none
Imports none
5,573 Oil, Palm 5,696 4,689 4,881 4,900 4,950
74 Oil, Peanut 141 113 111 110 110
902 Oil, Rapeseed 732 768 802 700 700
1,353 Oil, Soybean 773 586 711 450 350
531 Oil, Sunflowerseed 534 878 725 750 900
671 Other 751 737 773 756 758
9,104 Total 8,627 7,771 8,003 7,666 7,768
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2013/14 2014/15 2015/16 2016/17 2017/18
May
2018/19
none
Production none
12,950 Oilseed, Cottonseed 12,525 10,996 11,463 12,100 12,100
6,482 Oilseed, Peanut 4,855 4,470 6,700 6,500 6,000
6,650 Oilseed, Rapeseed 5,080 5,920 7,091 5,850 6,500
9,477 Oilseed, Soybean 8,711 6,929 11,000 9,000 10,800
580 Oilseed, Sunflowerseed 383 320 275 277 350
725 Other 730 735 735 770 770
36,864 Total 32,284 29,370 37,264 34,497 36,520
none
Domestic Consumption none
4,230 Meal, Cottonseed 4,264 3,962 3,738 4,140 4,240
1,630 Meal, Peanut 1,242 1,108 1,566 1,505 1,515
2,115 Meal, Rapeseed 1,600 2,600 2,890 2,800 2,800
3,640 Meal, Soybean 4,500 4,460 4,857 5,390 5,900
271 Meal, Sunflowerseed 184 315 419 375 395
304 Other 376 435 446 480 485
12,190 Total 12,166 12,880 13,916 14,690 15,335
none
SME none
3,428 Meal, Cottonseed 3,455 3,210 3,029 3,355 3,436
1,827 Meal, Peanut 1,390 1,240 1,755 1,686 1,697
1,505 Meal, Rapeseed 1,138 1,850 2,056 1,992 1,992
3,500 Meal, Soybean 4,350 4,300 4,600 5,100 5,600
181 Meal, Sunflowerseed 123 210 279 250 263
132 Other 164 190 193 209 211
10,571 Total 10,621 11,000 11,913 12,592 13,200
none
Food Use Dom. Cons. none
1,250 Oil, Cottonseed 1,250 1,230 1,120 1,220 1,270
8,052 Oil, Palm 8,750 8,600 9,100 10,200 11,100
1,237 Oil, Peanut 1,040 864 1,155 1,198 1,200
2,300 Oil, Rapeseed 2,000 2,200 2,335 2,325 2,400
3,300 Oil, Soybean 4,100 5,200 5,300 5,100 5,200
1,500 Oil, Sunflowerseed 1,700 1,665 2,100 2,200 2,300
345 Other 380 265 240 246 260
17,984 Total 19,220 20,024 21,350 22,489 23,730
none
Domestic Consumption none
1,295 Oil, Cottonseed 1,295 1,275 1,165 1,265 1,315
8,302 Oil, Palm 9,150 9,100 9,650 10,800 11,720
1,247 Oil, Peanut 1,050 874 1,165 1,208 1,210
2,370 Oil, Rapeseed 2,080 2,280 2,420 2,405 2,480
3,300 Oil, Soybean 4,100 5,200 5,300 5,100 5,200
1,500 Oil, Sunflowerseed 1,700 1,665 2,100 2,200 2,300
643 Other 672 553 506 551 569
18,657 Total 20,047 20,947 22,306 23,529 24,794
none
Imports none
0 Oil, Cottonseed 0 0 0 0 0
7,820 Oil, Palm 9,139 8,860 9,341 10,600 11,500
0 Oil, Peanut 0 0 0 0 0
155 Oil, Rapeseed 383 383 317 370 380
1,804 Oil, Soybean 2,815 4,269 3,534 3,345 3,550
1,516 Oil, Sunflowerseed 1,575 1,492 2,151 1,950 2,200
202 Other 224 106 82 107 110
11,497 Total 14,136 15,110 15,425 16,372 17,740
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
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 N/A 367 428 424 442 N/A 1,430 N/A 423 418 756 May Jun Jul Aug Sep Average N/A 353 397 384 414 N/A 1,273 N/A 403 427 895
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.
5/10/2018 10:06:33 AM
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
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 Jun Jul Aug Sep Average 378 361 373 379 196 198 1,515
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
5/10/2018 10:06:33 AM
208204216241
289 248
267293305290
Foreign Agricultural Service/USDA May 2018Office of Global Analysis
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 Jun Jul Aug Sep Average 694 755 760 854 740 1,212 791 1,456 1,350 655 852 1,343 7021/ 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
5/10/2018 10:06:33 AM
Soybean Sunseed Peanut
Foreign Agricultural Service/USDA May 2018Office of Global Analysis