return to normal production sends argentina’s crush higher › usda... · for the report ending...

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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA October 2019 Return to Normal Production Sends Argentina’s Crush Higher Crush volume in Argentina continues to trend higher in 2019 as soybean production returns to normal following last year’s drought. Crush volume is currently running 24 percent above last year’s pace and is projected to be the second-largest local marketing year (April/March) volume on record. The crush forecast is projected to reach 43.1 million tons, 18 percent above last year, with a further increase expected in 2020/21 to 44 million tons. Export demand for soybean meal and oil remains strong with rising meal demand in Iran and oil demand in China and India helping to propel higher crush. However, slowing exports of biodiesel and uncertainty regarding future government policy continue to weigh on the forecast. With the higher crush, exports of soybean meal and oil are also projected to rise. Soybean meal exports are forecast to rise 12 percent from last year to 29 million tons while soybean oil is forecast to reach 5.7 million tons, 24 percent above the previous year. However, biodiesel exports are trending to their lowest level since 2015, the last time exports fell below 1.0 million tons. Biodiesel exports are constrained by limits on trade to the European Union and high duties on exports to the United States. 0 5 10 15 20 25 Apr May Jun Jul Aug Million Tons Cumulative Argentina Soybean Crush Local Year beginning April 2018 2019

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Page 1: Return to Normal Production Sends Argentina’s Crush Higher › usda... · For the report ending October 3, 2019, U.S. soybean accumulated exports (shipments) to China ... 2016/17

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

October 2019

Return to Normal Production Sends Argentina’s Crush Higher

Crush volume in Argentina continues to trend higher in 2019 as soybean

production returns to normal following last year’s drought. Crush volume is

currently running 24 percent above last year’s pace and is projected to be the

second-largest local marketing year (April/March) volume on record. The crush

forecast is projected to reach 43.1 million tons, 18 percent above last year, with a

further increase expected in 2020/21 to 44 million tons. Export demand for

soybean meal and oil remains strong with rising meal demand in Iran and oil

demand in China and India helping to propel higher crush. However, slowing

exports of biodiesel and uncertainty regarding future government policy continue

to weigh on the forecast.

With the higher crush, exports of soybean meal and oil are also projected to rise.

Soybean meal exports are forecast to rise 12 percent from last year to 29 million

tons while soybean oil is forecast to reach 5.7 million tons, 24 percent above the

previous year. However, biodiesel exports are trending to their lowest level since

2015, the last time exports fell below 1.0 million tons. Biodiesel exports are

constrained by limits on trade to the European Union and high duties on exports to

the United States.

0

5

10

15

20

25

Apr May Jun Jul Aug

Mill

ion

To

ns

Cumulative Argentina Soybean Crush Local Year beginning April

2018 2019

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OVERVIEW FOR 2018/19

Global 2018/19 oilseed production is down 3.3 million to 597.4 million tons this month due to a 3.1

million reduction in U.S. soybeans and a smaller decrease in Paraguay soybeans. Oilseed exports

are up marginally. Oilseed imports are down 650,000 tons due to reductions in soybean, rapeseed,

peanut, and cottonseed imports. Ending stocks are down 2.4 million to 128.2 million tons on smaller

stocks for soybeans and sunflowerseed, partially offset by higher stocks for rapeseed. Protein meal

trade remains nearly unchanged as higher soybean meal exports are balanced by lower

sunflowerseed meal. Vegetable oil trade is up nearly 1 million tons with higher exports of palm,

sunflowerseed, and soybean oils. China palm oil imports are up 600,000 tons due to increased

demand and trade pace. The U.S. season-average farm price for soybeans is down $0.02 from last

month to $8.48 per bushel.

EXPORT PRICES

U.S. soybean export bids in September (FOB Gulf) averaged $336/ton, down $1 from

August. Brazil Paranagua averaged $362/ton, down $2 from August. Argentina Up River FOB

averaged $348/ton, up $1 from last month. U.S. soybean meal export bids (FOB Gulf) in

September averaged $330/ton, down $4 from August. Brazil Paranagua FOB averaged $304/ton,

down $4 from August, and Argentina Up River FOB averaged $299/ton, down $6 from the

previous month. U.S. Gulf soybean prices have declined since mid-July on improving crop

prospects but have risen 5 percent since late September on China sales and lower September 1

stocks reported by NASS. Brazil soybean prices are averaging 8 percent above U.S prices.

PROJECTION FOR 2019/20

Global 2019/20 oilseed production is forecast at 574.8 million tons, down 4.6 million tons

from September due to lower soybean, sunflowerseed, and rapeseed production. Soybean

production is projected at 339.0 million tons, down 2.4 million to a 4-year low. Sunflowerseed

production is forecast at 51.4 million tons, dropping 1.2 millions tons from September

reflecting reduced production in Ukraine and the European Union. Rapeseed production is

reduced nearly 1.0 million to 68.6 million tons in response to a 600,000-ton cut in Canada and

declines in Australia, the European Union, and the United States. Oilseed imports are down

500,000 tons due to small declines in most oilseeds. Oilseed exports are nearly unchanged

from last month. Ending stocks are reduced 4.6 million tons from the September forecast

mostly on lower soybean production in the United States. Protein meal imports are down

580,000 from last month primarily on reduced soybean meal imports. Vegetable oil trade

continues to increase on growing demand in China and India. The projected U.S. season-

average farm price for soybeans is up $0.50 from last month to $9.00 per bushel in response to

a tightening supply situation.

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

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280

300

320

340

360

380

400

420

440

US

$/t

on

SOYBEAN EXPORT PRICES

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

280

300

320

340

360

380

US

$/t

on

SOYBEAN MEAL EXPORT PRICES

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

400

440

480

520

560

600

640

680

720

US

$/t

on

SOYBEAN AND PALM OIL EXPORT PRICES

Argentina (Up River) Soy Oil Brazil (Paranagua) Soy Oil USA (Gulf) Soy Oil

Indonesia Palm Oil Malaysia Palm Oil

Foreign Agricultural Service/USDA 3 October 2019Office of Global Analysis

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EXPORT SALES

For the report ending October 3, 2019, U.S. soybean accumulated exports (shipments) to China

totaled 896,000 tons and 3.1 million to the rest of the world. Outstanding sales were 3.9 million tons

to China and 8.5 million to the rest of the world. Last year at this time, accumulated exports to

China were 67,000 tons and 3.8 million tons to the rest of the world, and outstanding sales to China

were 1.0 million tons and 15.6 million tons to the rest of the world. U.S. soybean export

commitments (outstanding sales plus accumulated exports) to China totaled 4.8 million tons

compared to 1.0 million tons a year ago. Total commitments to the world were 16.4 million tons,

compared to 20.5 million for the same period last year.

0

1

2

3

4

5

6

2016/17 2017/18 2018/19 2019/20

Mill

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U.S. Soybean Accumulated Exports As of October 3

China the EU Rest of World

0

5

10

15

20

25

30

2016/17 2017/18 2018/19 2019/20

Mill

ion

To

ns

China Unknown Rest of World

U.S. Soybean Outstanding Sales As of October 3

0

5

10

15

20

25

30

35

2016/17 2017/18 2018/19 2019/20

Mill

ion

To

ns

China Unknown Rest of World

U.S. Soybean Total Commitments As of October 3

Foreign Agricultural Service/USDA 4 October 2019Office of Global Analysis

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2019/20 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

Argentina Meal, Soybean Exports 30,500 30,300 -200 Lower meal exports anticipated

Oil, Soybean Exports 5,850 5,950 +100 Greater oil supply anticipated

Australia Oilseed, Rapeseed Exports 1,800 1,700 -100 Reduced supplies following smaller

production forecast

Belarus Meal, Soybean Imports 550 365 -185 Reflecting slower import growth in

2018/19

Brazil Oil, Soybean Exports 1,250 1,150 -100 Reflecting slowing trend in exports

China

Oilseed, Rapeseed Imports 3,600 3,400 -200 Bean trade being swapped out with

meal and oil from Canada

Meal, Rapeseed Imports 1,225 1,350 +125 Higher imports from Canada

expected as bean imports decline

Meal, Sunflowerseed Imports 1,050 1,200 +150 Increased trade expected

Oil, Soybean Imports 1,100 1,200 +100 Demand forecast to rise

Oil, Palm Imports 6,700 7,200 +500 Increased demand projected

Indonesia Meal, Soybean Imports 5,000 4,700 -300 Projected trade

Japan Meal, Soybean Imports 1,775 1,675 -100 Forecasted trade

Malaysia Oil, Palm Exports 18,000 18,500 +500 Increased exports due to larger

supply and expanded demand

Mexico Meal, Soybean Imports 2,130 1,980 -150 In response to 2018/19 trade

Pakistan Oil, Palm Imports 3,300 3,500 +200 Increased demand anticipated

Peru Meal, Soybean Imports 1,500 1,400 -100 In response to 2018/19 trade

Russia Oilseed, Soybean Imports 2,400 2,300 -100 Reduced imports expected

Ukraine

Meal, Sunflowerseed Exports 4,900 4,700 -200 2019/20 production lowered

reducing meal supply

Oil, Sunflowerseed Exports 5,850 6,000 +150 Increased exports projected in

response to 2018/19 trade despite

lower production

Note: All figures are in thousand metric tons.

Foreign Agricultural Service/USDA 5 October 2019Office of Global Analysis

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2018/19 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

Argentina

Oilseed, Soybean Imports 6,350 6,465 +115 Trade trend on higher imports from

Paraguay

Exports 7,900 8,150 +250 Trade trend on improved China

demand

Meal, Soybean Exports 28,200 28,600 +400 Trade data revision

Belarus Meal, Soybean Imports 450 350 -100 Slower imports to date

Brazil

Oilseed, Soybean Exports 75,800 75,400 -400 Weaker-than-expected new-crop

volumes

Meal, Soybean Exports 16,100 15,930 -170 Slowing late-season volume

China

Oilseed, Rapeseed Imports 3,700 3,475 -225 Trade trend

Meal, Rapeseed Imports 1,325 1,450 +125 Higher imports from Canada

Meal, Sunflowerseed Imports 1,025 1,150 +125 Trade trend

Oil, Palm Imports 6,300 6,900 +600 Trade trend

Indonesia Meal, Soybean Imports 4,850 4,575 -275 Trade trend

Iran Meal, Soybean Imports 2,500 2,700 +200 Exporter trade trends

Japan Meal, Soybean Imports 1,770 1,625 -145 Trade trend

Malaysia Oil, Palm Exports 17,500 18,000 +500 MPOB trade to date

Mexico Meal, Soybean Imports 2,000 1,900 -100 Declining trade trend

Pakistan Oil, Palm Imports 3,200 3,500 +300 Exporter trade data

Paraguay Oilseed, Soybean Exports 5,600 5,500 -100 Reduced supplies on lower

production estimate

Peru Meal, Soybean Imports 1,450 1,350 -100 Slowing trade trend

Russia

Oilseed, Soybean Imports 2,250 2,000 -250 Trade trend

Oilseed, Sunflowerseed Exports 200 330 +130 Trade trend

Meal, Sunflowerseed Exports 1,400 1,500 +100 Faster-than-expected trade pace

Ukraine

Meal, Sunflowerseed Exports 5,000 4,650 -350 Slow pace of trade

Oil, Sunflowerseed Exports 5,800 6,100 +300 Trade trend

Note: All figures are in thousand metric tons.

Foreign Agricultural Service/USDA 6 October 2019Office of Global Analysis

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Questions may be directed to:

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

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

Tani Lee (202) 720-9180 [email protected]

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

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

the plus sign [+] next to Oilseeds.

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

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

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

FAS Reports and Databases:

Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Markets and Trade and World Agricultural Production Reports:

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

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

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx Export Sales Report:

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

Global Agricultural Information Network (Agricultural Attaché Reports):

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

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/ Economic Research Service:

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

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

Foreign Agricultural Service/USDA 7 October 2019Office of Global Analysis

Page 8: Return to Normal Production Sends Argentina’s Crush Higher › usda... · For the report ending October 3, 2019, U.S. soybean accumulated exports (shipments) to China ... 2016/17

List of Tables

SUMMARY TABLES

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

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

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

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

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

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

COMMODITY TABLES

Table 07 Soybeans: World Supply and Distribution

Table 08 Soybean Meal: World Supply and Distribution

Table 09 Soybean Oil: World Supply and Distribution

Table 10 Soybeans and Products: World Trade

Table 11 Palm Oil: World Supply and Distribution

Table 12 Rapeseed and Products: World Supply and Distribution

Table 13 Sunflowerseed and Products: World Supply and Distribution

Table 14 Minor Vegetable Oils: World Supply and Distribution

HISTORICAL TABLES

Table 15 World Oilseeds and Products Supply and Distribution

Table 16 World Soybeans and Products Supply and Distribution

Table 17 World Rapeseed and Products Supply and Distribution

Table 18 World Sunflowerseed and Products Supply and Distribution

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

COUNTRY TABLES

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

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

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

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

Table 24 South East Asia Oilseeds and Products Supply and Distribution

Table 25 Middle East Oilseeds and Products Supply and Distribution

Table 26 European Union Oilseeds and Products Supply and Distribution

Table 27 China Oilseeds and Products Supply and Distribution

Table 28 India Oilseeds and Products Supply and Distribution

PRICES

Table 29 Oilseed Prices

Table 30 Protein Meal Prices

Table 31 Vegetable Oil Prices

Foreign Agricultural Service/USDA 8 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

5.32 Oilseed, Copra 5.51 5.94 5.98 5.81 5.81

35.76 Oilseed, Cottonseed 39.09 45.15 43.62 45.59 45.62

15.97 Oilseed, Palm Kernel 17.39 18.76 19.50 20.05 20.05

41.12 Oilseed, Peanut 44.94 46.58 46.19 44.52 44.44

68.74 Oilseed, Rapeseed 69.43 74.92 71.94 69.54 68.57

316.57 Oilseed, Soybean 350.53 341.62 358.77 341.39 338.97

40.74 Oilseed, Sunflowerseed 48.26 47.82 51.42 52.58 51.38

524.23 Total 575.16 580.78 597.41 579.48 574.85

none

Imports none

0.13 Oilseed, Copra 0.11 0.11 0.10 0.11 0.11

0.67 Oilseed, Cottonseed 0.96 0.75 0.61 0.75 0.67

0.06 Oilseed, Palm Kernel 0.06 0.08 0.07 0.07 0.07

3.30 Oilseed, Peanut 3.15 2.98 3.19 3.39 3.31

14.15 Oilseed, Rapeseed 15.51 15.47 14.25 15.61 15.37

133.35 Oilseed, Soybean 144.22 153.00 146.35 148.20 148.10

1.87 Oilseed, Sunflowerseed 2.17 2.15 2.21 2.20 2.20

153.52 Total 166.18 174.53 166.78 170.32 169.82

none

Exports none

0.15 Oilseed, Copra 0.19 0.18 0.19 0.19 0.19

0.70 Oilseed, Cottonseed 0.89 0.98 0.87 0.82 0.79

0.04 Oilseed, Palm Kernel 0.08 0.08 0.05 0.05 0.05

3.53 Oilseed, Peanut 3.67 3.36 3.63 3.70 3.70

14.35 Oilseed, Rapeseed 15.80 16.20 14.61 15.78 15.68

132.57 Oilseed, Soybean 147.50 153.07 148.69 149.39 149.39

2.01 Oilseed, Sunflowerseed 2.46 2.44 2.62 2.60 2.57

153.35 Total 170.59 176.30 170.66 172.54 172.38

none

Crush none

5.28 Oilseed, Copra 5.40 5.84 5.86 5.71 5.71

28.42 Oilseed, Cottonseed 29.19 34.14 34.06 35.00 35.12

15.90 Oilseed, Palm Kernel 17.25 18.69 19.41 19.93 19.93

16.74 Oilseed, Peanut 17.61 18.22 17.89 18.35 18.34

66.71 Oilseed, Rapeseed 67.34 68.47 67.24 67.12 66.58

275.13 Oilseed, Soybean 287.80 294.90 299.53 306.23 305.21

36.67 Oilseed, Sunflowerseed 43.05 43.81 46.99 48.27 47.33

444.84 Total 467.65 484.06 490.98 500.60 498.21

none

Ending Stocks none

0.08 Oilseed, Copra 0.07 0.07 0.07 0.06 0.06

0.88 Oilseed, Cottonseed 1.39 1.86 1.65 1.60 1.56

0.24 Oilseed, Palm Kernel 0.24 0.18 0.17 0.19 0.19

3.45 Oilseed, Peanut 3.89 4.80 5.24 3.90 3.84

6.17 Oilseed, Rapeseed 4.99 7.56 8.25 6.56 6.44

79.91 Oilseed, Soybean 95.62 98.81 109.87 99.19 95.21

2.79 Oilseed, Sunflowerseed 3.48 3.03 2.92 2.85 2.45

93.52 Total 109.68 116.31 128.18 114.35 109.75

Totals may not add due to rounding

Foreign Agricultural Service/USDA 9 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

1.77 Meal, Copra 1.81 1.95 1.96 1.92 1.92

13.10 Meal, Cottonseed 13.44 15.73 15.70 16.13 16.19

4.51 Meal, Fish 4.87 4.94 4.64 4.93 4.87

8.18 Meal, Palm Kernel 8.91 9.77 10.11 10.39 10.39

6.64 Meal, Peanut 7.01 7.25 7.10 7.30 7.29

38.61 Meal, Rapeseed 38.80 39.51 38.79 38.76 38.64

215.97 Meal, Soybean 225.93 232.68 235.22 239.96 239.71

16.51 Meal, Sunflowerseed 19.34 19.83 21.17 21.71 21.32

305.27 Total 320.10 331.66 334.69 341.09 340.32

none

Imports none

0.56 Meal, Copra 0.48 0.64 0.61 0.63 0.63

0.22 Meal, Cottonseed 0.24 0.32 0.35 0.35 0.35

2.46 Meal, Fish 3.07 3.01 3.14 3.21 3.26

6.41 Meal, Palm Kernel 7.58 8.14 8.34 8.46 8.49

0.02 Meal, Peanut 0.13 0.05 0.11 0.09 0.09

5.72 Meal, Rapeseed 5.90 6.23 6.80 6.69 6.81

62.09 Meal, Soybean 60.40 59.91 62.62 65.34 64.41

5.96 Meal, Sunflowerseed 6.96 6.59 7.49 7.45 7.60

83.43 Total 84.76 84.90 89.45 92.22 91.64

none

Exports none

0.58 Meal, Copra 0.42 0.71 0.66 0.62 0.62

0.31 Meal, Cottonseed 0.38 0.49 0.43 0.44 0.44

2.21 Meal, Fish 2.53 2.50 2.60 2.61 2.61

6.45 Meal, Palm Kernel 6.72 7.17 7.50 7.67 7.67

0.05 Meal, Peanut 0.16 0.10 0.11 0.11 0.11

5.69 Meal, Rapeseed 5.98 6.37 6.76 6.91 6.91

65.53 Meal, Soybean 64.77 64.80 67.37 68.18 67.99

6.23 Meal, Sunflowerseed 7.44 6.89 7.63 8.06 7.86

87.04 Total 88.40 89.03 93.06 94.61 94.21

none

Domestic Consumption none

1.73 Meal, Copra 1.81 1.93 1.92 1.93 1.93

13.15 Meal, Cottonseed 13.28 15.53 15.62 16.08 16.14

4.75 Meal, Fish 5.42 5.28 5.40 5.53 5.52

8.35 Meal, Palm Kernel 9.70 10.61 10.95 11.15 11.18

6.57 Meal, Peanut 7.01 7.21 7.10 7.27 7.26

38.52 Meal, Rapeseed 38.75 39.37 38.97 38.55 38.56

213.17 Meal, Soybean 221.76 229.23 230.94 236.98 236.24

16.19 Meal, Sunflowerseed 19.25 19.44 21.06 21.23 21.37

302.42 Total 316.96 328.60 331.95 338.72 338.20

none

Ending Stocks none

0.16 Meal, Copra 0.22 0.17 0.15 0.15 0.15

0.08 Meal, Cottonseed 0.10 0.13 0.13 0.09 0.09

0.27 Meal, Fish 0.26 0.43 0.21 0.22 0.22

0.38 Meal, Palm Kernel 0.44 0.58 0.58 0.61 0.61

0.06 Meal, Peanut 0.03 0.03 0.04 0.05 0.05

1.11 Meal, Rapeseed 1.09 1.09 0.94 0.94 0.94

13.36 Meal, Soybean 13.17 11.72 11.25 11.85 11.14

1.74 Meal, Sunflowerseed 1.36 1.44 1.41 1.05 1.09

17.15 Total 16.66 15.59 14.72 14.94 14.27

Totals may not add due to rounding

Foreign Agricultural Service/USDA 10 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

3.31 Oil, Coconut 3.39 3.66 3.67 3.58 3.58

4.30 Oil, Cottonseed 4.43 5.18 5.15 5.30 5.32

3.13 Oil, Olive 2.48 3.26 3.09 3.36 3.36

58.90 Oil, Palm 65.27 70.61 74.08 76.01 76.01

7.01 Oil, Palm Kernel 7.64 8.34 8.59 8.81 8.81

5.42 Oil, Peanut 5.70 5.90 5.80 5.93 5.93

27.34 Oil, Rapeseed 27.54 28.08 27.46 27.50 27.43

51.56 Oil, Soybean 53.81 55.15 56.12 57.25 57.20

15.39 Oil, Sunflowerseed 18.16 18.44 19.73 20.27 19.86

176.35 Total 188.42 198.61 203.69 208.02 207.50

none

Imports none

1.61 Oil, Coconut 1.50 1.71 1.75 1.80 1.81

0.06 Oil, Cottonseed 0.05 0.06 0.05 0.05 0.05

0.79 Oil, Olive 0.79 0.92 0.93 1.01 1.02

42.84 Oil, Palm 45.93 46.45 50.81 51.57 52.27

2.64 Oil, Palm Kernel 2.69 2.78 2.93 3.03 3.03

0.25 Oil, Peanut 0.23 0.24 0.29 0.28 0.29

4.13 Oil, Rapeseed 4.39 4.49 4.86 4.99 5.01

11.70 Oil, Soybean 10.93 9.81 11.04 11.61 11.74

7.02 Oil, Sunflowerseed 8.88 8.53 9.32 9.44 9.49

71.03 Total 75.37 74.98 81.97 83.78 84.71

none

Exports none

1.59 Oil, Coconut 1.91 1.73 1.85 1.78 1.78

0.07 Oil, Cottonseed 0.08 0.10 0.11 0.13 0.13

0.87 Oil, Olive 0.88 1.02 0.98 1.10 1.10

43.84 Oil, Palm 48.92 48.57 52.76 53.88 54.38

3.02 Oil, Palm Kernel 3.08 3.12 3.20 3.28 3.28

0.25 Oil, Peanut 0.27 0.28 0.27 0.30 0.30

4.17 Oil, Rapeseed 4.49 4.60 4.95 4.99 5.05

11.77 Oil, Soybean 11.33 10.54 11.33 11.85 11.87

8.11 Oil, Sunflowerseed 10.42 9.73 10.65 10.57 10.72

73.68 Total 81.38 79.68 86.11 87.89 88.61

none

Domestic Consumption none

3.23 Oil, Coconut 3.07 3.38 3.51 3.54 3.55

4.41 Oil, Cottonseed 4.39 5.12 5.08 5.27 5.28

2.81 Oil, Olive 2.59 2.87 3.08 3.24 3.25

59.68 Oil, Palm 61.56 66.50 72.55 73.99 74.56

6.82 Oil, Palm Kernel 7.22 7.82 8.30 8.55 8.55

5.40 Oil, Peanut 5.54 5.73 5.86 6.00 6.01

28.18 Oil, Rapeseed 28.91 29.01 28.10 28.02 27.99

52.19 Oil, Soybean 53.41 54.71 55.52 57.11 57.17

15.22 Oil, Sunflowerseed 16.54 17.20 18.40 19.16 18.86

177.94 Total 183.23 192.35 200.39 204.88 205.21

none

Ending Stocks none

0.47 Oil, Coconut 0.39 0.64 0.70 0.75 0.75

0.10 Oil, Cottonseed 0.11 0.13 0.14 0.11 0.11

0.53 Oil, Olive 0.34 0.62 0.58 0.61 0.61

8.28 Oil, Palm 8.99 10.99 10.57 10.61 9.91

0.68 Oil, Palm Kernel 0.69 0.88 0.90 0.91 0.91

0.25 Oil, Peanut 0.37 0.49 0.44 0.35 0.35

5.64 Oil, Rapeseed 4.17 3.13 2.40 1.94 1.80

3.75 Oil, Soybean 3.76 3.47 3.77 3.68 3.68

1.67 Oil, Sunflowerseed 1.75 1.78 1.79 1.83 1.56

21.38 Total 20.56 22.12 21.28 20.78 19.66

Totals may not add due to rounding

Foreign Agricultural Service/USDA 11 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

99.02 Brazil 117.59 125.81 121.86 127.74 127.61

115.89 United States 126.94 131.48 130.72 110.18 107.93

53.66 China 55.09 59.60 59.88 61.83 61.83

63.10 Argentina 60.16 42.52 61.00 58.44 58.32

29.37 India 37.05 35.41 36.50 37.36 37.79

163.18 Other 178.33 185.96 187.47 183.94 181.38

524.23 Total 575.16 580.78 597.41 579.48 574.85

Imports none

87.93 China 98.42 99.28 87.20 89.45 89.18

19.86 European Union 19.16 20.21 20.79 21.74 21.66

5.82 Mexico 6.03 6.76 6.98 7.60 7.60

5.78 Japan 5.79 5.86 5.98 6.06 6.06

0.68 Argentina 1.67 4.70 6.47 3.90 3.90

1.37 Egypt 2.18 3.33 3.42 3.57 3.57

2.91 Thailand 3.19 2.59 3.26 3.51 3.51

2.62 Pakistan 2.77 3.16 3.28 3.43 3.43

2.52 Indonesia 3.03 2.92 3.18 3.43 3.43

2.98 Turkey 3.01 3.54 3.24 3.39 3.39

21.05 Other 20.93 22.17 23.01 24.24 24.10

153.52 Total 166.18 174.53 166.78 170.32 169.82

Exports none

54.65 Brazil 63.37 76.45 75.67 76.82 76.80

53.97 United States 60.08 59.32 48.70 49.53 49.53

14.55 Canada 15.63 15.80 14.42 14.83 14.83

11.21 Argentina 7.88 2.79 9.18 9.05 9.05

5.41 Paraguay 6.13 6.03 5.50 6.21 6.21

3.89 Ukraine 4.13 4.91 5.10 4.75 4.73

2.12 Uruguay 3.22 1.25 2.75 2.13 2.13

7.56 Other 10.14 9.76 9.33 9.23 9.12

153.35 Total 170.59 176.30 170.66 172.54 172.38

Crush none

116.50 China 122.62 127.55 121.67 121.95 121.73

55.06 United States 56.26 60.17 61.03 62.18 62.32

41.84 Brazil 42.90 47.40 47.16 47.89 47.89

46.37 Argentina 46.73 40.44 45.14 48.85 47.85

46.74 European Union 46.67 48.48 48.63 47.54 47.13

22.70 India 27.37 27.78 29.63 30.32 30.52

13.59 Russia 15.40 15.95 17.85 19.05 18.95

12.93 Ukraine 15.58 14.92 16.65 17.15 16.25

10.02 Indonesia 10.98 12.06 12.45 12.80 12.80

10.25 Canada 11.05 11.21 11.37 11.55 11.55

6.49 Mexico 6.73 7.53 7.74 8.22 8.22

5.58 Pakistan 5.88 6.51 6.54 6.72 6.72

5.21 Malaysia 5.38 5.53 5.82 5.92 5.92

3.68 Turkey 4.05 4.88 5.00 5.05 5.05

4.73 Japan 4.86 4.78 4.88 4.94 4.94

43.15 Other 45.21 48.89 49.45 50.49 50.39

444.84 Total 467.65 484.06 490.98 500.60 498.21

Ending Stocks none

24.67 Brazil 33.33 32.89 29.10 28.63 29.16

28.36 Argentina 28.61 25.42 31.04 27.88 28.58

17.98 China 21.56 24.46 20.60 19.75 19.79

6.87 United States 9.60 13.83 26.66 19.18 14.19

2.42 Canada 1.66 3.17 4.98 4.66 4.28

13.23 Other 14.92 16.55 15.80 14.25 13.75

93.52 Total 109.68 116.31 128.18 114.35 109.75

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

Foreign Agricultural Service/USDA 12 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

82.73 China 87.67 90.57 86.05 86.22 86.03

42.78 United States 43.11 47.03 46.71 47.63 47.77

31.74 Brazil 32.45 35.82 35.33 35.92 35.92

34.51 Argentina 34.72 29.90 33.30 35.64 35.39

30.16 European Union 30.00 31.11 31.52 30.81 30.78

83.35 Other 92.15 97.24 101.78 104.88 104.44

305.27 Total 320.10 331.66 334.69 341.09 340.32

Imports none

25.41 European Union 24.90 24.67 24.93 25.49 25.54

5.73 Vietnam 5.69 5.59 5.58 5.32 5.32

1.83 China 3.18 3.59 5.03 4.86 5.16

4.30 Indonesia 4.35 4.60 4.69 5.11 4.81

4.07 United States 3.92 3.74 3.97 3.84 3.84

2.98 Thailand 3.32 3.78 3.54 3.63 3.63

3.39 Korea, South 3.03 3.23 3.36 3.43 3.43

35.73 Other 36.38 35.71 38.36 40.55 39.92

83.43 Total 84.76 84.90 89.45 92.22 91.64

Exports none

31.09 Argentina 32.13 27.02 29.46 31.32 31.12

15.41 Brazil 13.76 16.03 15.93 15.20 15.20

11.18 United States 10.83 13.00 12.62 12.74 12.74

4.35 Ukraine 5.19 4.67 5.56 5.80 5.63

4.12 Indonesia 4.51 5.02 5.17 5.28 5.28

4.44 Canada 4.93 4.90 5.05 5.15 5.15

0.75 India 2.50 2.78 3.29 2.84 2.84

15.71 Other 14.56 15.61 15.99 16.29 16.27

87.04 Total 88.40 89.03 93.06 94.61 94.21

Domestic Consumption none

82.51 China 89.69 92.92 90.08 90.14 90.25

54.25 European Union 54.37 54.65 55.06 54.99 55.04

35.68 United States 36.07 37.61 38.15 38.78 38.91

17.46 Brazil 18.12 19.23 20.11 20.92 20.92

12.87 India 13.57 14.22 14.91 15.60 15.70

5.87 Russia 6.87 7.18 7.55 8.08 8.01

6.97 Mexico 7.06 7.38 7.52 8.06 7.96

6.49 Vietnam 6.86 7.11 7.17 6.91 6.91

5.87 Japan 6.29 6.38 6.53 6.71 6.61

5.10 Indonesia 5.30 5.56 5.75 6.24 5.94

69.35 Other 72.76 76.38 79.13 82.30 81.96

302.42 Total 316.96 328.60 331.95 338.72 338.20

SME none

77.93 China 85.12 87.76 84.56 84.73 84.75

46.55 European Union 46.50 46.59 47.14 47.17 47.24

34.27 United States 34.64 36.28 36.84 37.38 37.51

17.26 Brazil 17.88 18.92 19.71 20.52 20.52

11.00 India 11.65 12.17 12.76 13.38 13.46

6.57 Mexico 6.66 6.98 7.13 7.66 7.56

5.03 Russia 5.79 6.03 6.32 6.76 6.68

78.41 Other 81.38 84.99 87.92 91.33 90.65

277.02 Total 289.63 299.74 302.37 308.93 308.37

Ending Stocks none

2.72 Brazil 3.33 3.90 3.22 3.19 3.04

4.34 Argentina 3.39 2.54 2.41 2.88 2.49

1.89 European Union 1.11 0.79 0.84 0.76 0.73

0.38 India 1.12 0.62 0.61 0.68 0.68

0.53 Indonesia 0.56 0.62 0.63 0.79 0.67

7.29 Other 7.16 7.12 7.01 6.64 6.66

17.15 Total 16.66 15.59 14.72 14.94 14.27

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

Foreign Agricultural Service/USDA 13 October 2019Office of Global Analysis

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

Million Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

36.68 Indonesia 41.10 45.08 47.25 48.89 48.89

25.78 China 26.76 27.77 26.54 26.62 26.54

19.85 Malaysia 21.13 22.10 23.48 23.71 23.71

18.42 European Union 17.94 19.02 18.81 18.51 18.49

11.21 United States 11.43 12.11 12.25 12.55 12.58

9.69 Argentina 9.82 8.69 9.63 10.28 10.23

8.46 Brazil 8.73 9.62 9.54 9.69 9.69

46.26 Other 51.51 54.23 56.20 57.77 57.38

176.35 Total 188.42 198.61 203.69 208.02 207.50

Imports none

15.11 India 15.41 14.49 15.77 16.47 16.47

7.77 China 8.00 8.65 11.38 11.64 12.31

10.06 European Union 10.87 10.65 11.17 10.81 10.84

4.53 United States 4.73 4.78 4.71 4.84 4.85

2.91 Pakistan 3.25 3.20 3.68 3.41 3.63

2.16 Bangladesh 2.18 2.50 2.69 2.80 2.80

2.04 Egypt 2.16 1.81 1.96 2.11 2.11

1.05 Philippines 1.27 1.30 1.34 1.36 1.36

1.41 Turkey 1.50 1.21 1.32 1.34 1.34

0.99 Iran 1.28 1.15 1.29 1.34 1.34

23.00 Other 24.72 25.25 26.67 27.67 27.67

71.03 Total 75.37 74.98 81.97 83.78 84.71

Exports none

25.19 Indonesia 29.86 29.28 31.61 32.65 32.65

17.90 Malaysia 17.47 17.70 19.19 19.20 19.70

6.42 Argentina 6.28 4.89 6.15 6.65 6.75

4.81 Ukraine 6.11 5.60 6.57 6.30 6.46

2.23 Russia 2.98 3.26 3.63 3.80 3.80

2.93 Canada 3.29 3.33 3.38 3.51 3.56

2.48 European Union 2.40 2.51 2.46 2.56 2.56

11.72 Other 12.99 13.12 13.11 13.22 13.14

73.68 Total 81.38 79.68 86.11 87.89 88.61

Domestic Consumption none

34.72 China 35.73 36.86 38.38 38.51 39.10

26.06 European Union 26.41 26.87 27.16 26.76 26.86

20.99 India 21.67 22.35 23.22 24.14 24.17

14.57 United States 14.72 15.54 15.94 16.47 16.46

11.75 Indonesia 11.93 14.12 16.01 16.26 16.26

7.50 Brazil 7.88 8.43 8.89 8.97 9.07

4.54 Malaysia 4.19 4.92 5.30 5.77 5.57

4.25 Pakistan 4.45 4.54 4.95 4.73 5.01

3.31 Russia 3.40 3.48 3.74 3.99 3.99

3.56 Argentina 3.71 3.81 3.44 3.61 3.46

2.35 Bangladesh 2.55 2.80 3.11 3.35 3.35

2.44 Thailand 2.70 2.88 3.11 3.26 3.26

2.65 Mexico 2.74 2.84 2.88 3.01 3.01

2.47 Egypt 2.35 2.45 2.55 2.70 2.70

2.36 Japan 2.42 2.45 2.55 2.61 2.61

34.43 Other 36.39 37.99 39.18 40.75 40.33

177.94 Total 183.23 192.35 200.39 204.88 205.21

Ending Stocks none

2.50 Indonesia 1.86 3.59 3.29 3.37 3.37

1.73 Malaysia 2.28 2.82 2.90 3.20 2.50

1.79 European Union 1.80 2.08 2.44 2.45 2.35

4.65 China 3.52 2.80 2.07 1.67 1.60

1.77 India 2.34 1.51 1.49 1.35 1.35

8.94 Other 8.77 9.32 9.10 8.75 8.50

21.38 Total 20.56 22.12 21.28 20.78 19.66

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

Foreign Agricultural Service/USDA 14 October 2019Office of Global Analysis

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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

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

106,869 United States 116,931 120,065 120,515 98,865 96,623

58,800 Argentina 55,000 37,800 55,300 53,000 53,000

12,367 China 13,596 15,283 15,900 17,100 17,100

6,929 India 10,992 8,350 11,500 11,000 11,000

9,217 Paraguay 10,336 10,300 8,850 10,200 10,200

6,456 Canada 6,597 7,717 7,267 6,500 6,500

19,434 Other 22,482 20,101 22,439 21,723 21,548

316,572 Total 350,534 341,616 358,771 341,388 338,971

Imports none

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

15,120 European Union 13,441 14,584 15,200 15,100 15,100

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

676 Argentina 1,674 4,703 6,465 3,900 3,900

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

2,798 Thailand 3,078 2,482 3,150 3,400 3,400

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

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

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

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

15,877 Other 15,626 17,822 18,599 19,547 19,447

133,346 Total 144,216 152,996 146,349 148,197 148,097

Exports none

54,383 Brazil 63,137 76,136 75,400 76,500 76,500

52,869 United States 58,963 58,071 47,564 48,308 48,308

9,922 Argentina 7,025 2,132 8,150 8,000 8,000

5,400 Paraguay 6,124 6,029 5,500 6,200 6,200

4,236 Canada 4,592 4,925 5,258 4,600 4,600

5,761 Other 7,659 5,772 6,820 5,785 5,785

132,571 Total 147,500 153,065 148,692 149,393 149,393

Crush none

81,500 China 88,000 90,000 85,000 85,000 85,000

51,335 United States 51,742 55,926 56,935 57,561 57,697

43,267 Argentina 43,309 36,933 41,250 45,000 44,000

39,747 Brazil 40,411 44,205 43,000 43,750 43,750

14,950 European Union 14,400 14,950 16,300 15,900 15,900

5,500 India 9,000 7,700 9,800 9,700 9,700

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

4,000 Russia 4,400 4,600 4,700 5,100 5,000

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

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

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

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

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

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

1,900 Thailand 1,950 1,400 2,000 2,180 2,180

15,518 Other 15,368 17,719 18,246 18,907 18,907

275,130 Total 287,797 294,903 299,531 306,228 305,214

Ending Stocks none

24,558 Brazil 33,212 32,740 28,840 28,400 29,000

27,156 Argentina 26,996 23,734 29,200 26,100 26,950

16,643 China 20,120 23,064 19,744 19,019 19,019

5,354 United States 8,208 11,923 24,849 17,426 12,523

1,559 European Union 1,150 1,398 1,137 1,052 1,052

4,639 Other 5,930 5,954 6,104 7,193 6,668

79,909 Total 95,616 98,813 109,874 99,190 95,212

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

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

Foreign Agricultural Service/USDA 15 October 2019Office of Global Analysis

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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

64,548 China 69,696 71,280 67,320 67,320 67,320

40,525 United States 40,630 44,657 44,447 45,042 45,178

30,750 Brazil 31,280 34,300 33,350 33,950 33,950

33,211 Argentina 33,280 28,400 31,650 34,000 33,750

11,811 European Union 11,376 11,811 12,877 12,561 12,561

4,400 India 7,200 6,160 7,850 7,760 7,760

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

27,247 Other 28,837 31,917 33,372 34,630 34,491

215,972 Total 225,934 232,677 235,216 239,963 239,710

Imports none

19,213 European Union 18,794 18,354 18,300 19,000 19,000

4,203 Indonesia 4,255 4,486 4,575 5,000 4,700

5,094 Vietnam 4,945 4,800 4,850 4,580 4,580

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

2,433 Thailand 2,782 3,191 2,900 2,940 2,940

1,420 Iran 1,507 1,113 2,700 2,400 2,400

2,367 Mexico 1,991 1,931 1,900 2,130 1,980

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

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

1,721 Japan 1,621 1,728 1,625 1,775 1,675

19,610 Other 18,655 18,186 19,323 20,761 20,381

62,088 Total 60,403 59,910 62,623 65,336 64,406

Exports none

30,333 Argentina 31,323 26,265 28,600 30,500 30,300

15,407 Brazil 13,762 16,032 15,930 15,200 15,200

10,843 United States 10,505 12,715 12,338 12,428 12,428

2,561 Paraguay 2,370 2,625 2,550 2,580 2,550

409 India 2,008 1,863 2,350 1,900 1,900

5,972 Other 4,802 5,301 5,605 5,574 5,609

65,525 Total 64,770 64,801 67,373 68,182 67,987

Domestic Consumption none

62,663 China 68,646 70,105 66,365 66,470 66,470

30,037 United States 30,314 32,239 32,840 33,113 33,249

30,692 European Union 30,242 30,042 30,792 31,192 31,192

16,470 Brazil 16,943 17,711 18,133 18,950 18,950

5,700 Mexico 5,770 6,050 6,225 6,750 6,650

4,460 India 4,700 4,765 5,480 5,800 5,800

5,470 Vietnam 5,740 5,990 6,020 5,750 5,750

4,150 Indonesia 4,250 4,500 4,575 5,000 4,700

4,230 Thailand 4,232 4,250 4,350 4,490 4,490

3,080 Iran 3,180 3,350 3,600 3,700 3,800

3,100 Russia 3,350 3,450 3,500 3,775 3,700

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

3,460 Japan 3,420 3,450 3,480 3,600 3,500

2,672 Argentina 2,853 2,995 3,185 3,400 3,390

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

31,533 Other 32,416 34,337 35,945 38,194 37,799

213,167 Total 221,756 229,234 230,940 236,984 236,240

Ending Stocks none

2,710 Brazil 3,320 3,896 3,209 3,185 3,035

4,231 Argentina 3,335 2,475 2,340 2,785 2,400

249 Iran 207 117 566 515 515

239 United States 363 504 408 363 363

130 India 633 176 211 286 286

5,801 Other 5,313 4,555 4,515 4,716 4,539

13,360 Total 13,171 11,723 11,249 11,850 11,138

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

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

March/February MY.

Foreign Agricultural Service/USDA 16 October 2019Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

14,605 China 15,770 16,128 15,232 15,232 15,232

9,956 United States 10,035 10,783 11,018 11,129 11,154

8,433 Argentina 8,395 7,236 8,060 8,700 8,650

7,627 Brazil 7,755 8,500 8,245 8,385 8,385

2,841 European Union 2,736 2,841 3,097 3,021 3,021

990 India 1,620 1,386 1,760 1,745 1,745

785 Mexico 820 937 982 1,065 1,065

6,318 Other 6,683 7,337 7,728 7,977 7,949

51,555 Total 53,814 55,148 56,122 57,254 57,201

Imports none

4,269 India 3,534 2,984 3,300 3,500 3,500

586 China 711 481 800 1,100 1,200

647 Bangladesh 830 859 1,038 1,050 1,050

732 Algeria 667 720 760 770 770

382 Peru 449 490 500 525 525

465 Morocco 497 492 515 520 520

372 Colombia 352 355 375 390 390

325 European Union 285 284 375 350 350

250 Korea, South 306 276 300 295 295

674 Egypt 246 227 250 260 260

2,993 Other 3,054 2,640 2,822 2,854 2,880

11,695 Total 10,931 9,808 11,035 11,614 11,740

Exports none

5,698 Argentina 5,387 4,164 5,350 5,850 5,950

1,550 Brazil 1,241 1,511 1,110 1,250 1,150

915 European Union 819 902 850 950 950

1,017 United States 1,159 1,108 919 782 782

709 Paraguay 680 702 710 715 710

431 Russia 529 568 600 600 600

444 Bolivia 338 380 350 370 370

1,005 Other 1,172 1,200 1,441 1,333 1,357

11,769 Total 11,325 10,535 11,330 11,850 11,869

Domestic Consumption none

15,350 China 16,350 16,500 15,885 16,212 16,287

9,146 United States 9,009 9,698 10,409 10,660 10,660

6,288 Brazil 6,570 6,940 7,170 7,200 7,300

5,250 India 5,150 4,720 4,950 5,235 5,235

2,840 Argentina 2,985 3,081 2,684 2,840 2,690

2,285 European Union 2,205 2,225 2,405 2,405 2,405

785 Bangladesh 1,010 1,085 1,245 1,379 1,379

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

960 Egypt 610 760 810 825 825

700 Algeria 710 710 750 765 765

415 Pakistan 470 495 536 542 572

405 Peru 435 455 500 525 525

480 Morocco 470 496 505 510 510

440 Korea, South 450 470 490 495 495

451 Japan 470 475 480 480 480

5,376 Other 5,449 5,542 5,554 5,809 5,808

52,191 Total 53,413 54,712 55,523 57,112 57,166

Ending Stocks none

764 United States 776 905 776 674 692

657 China 670 568 505 500 500

164 European Union 161 159 376 392 392

287 Brazil 291 385 400 385 385

260 Argentina 283 274 300 340 310

1,617 Other 1,575 1,174 1,412 1,393 1,396

3,749 Total 3,756 3,465 3,769 3,684 3,675

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

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

Foreign Agricultural Service/USDA 17 October 2019Office of Global Analysis

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Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

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

Exports

North America 13,087 12,778 12,843 1,291 1,113 982 62,996 52,822 52,908

Canada (Aug-Jul) 357 425 400 157 169 175 4,925 5,258 4,600

United States (Oct-Sep) 12,715 12,338 12,428 1,108 919 782 58,071 47,564 48,308

South America 46,577 48,761 49,735 6,769 7,532 8,192 85,561 91,818 92,848

Argentina (Oct-Sep) 26,265 28,600 30,300 4,164 5,350 5,950 2,132 8,150 8,000

Brazil (Oct-Sep) 16,032 15,930 15,200 1,511 1,110 1,150 76,136 75,400 76,500

Paraguay (Jan-Dec) 2,625 2,550 2,550 702 710 710 6,029 5,500 6,200

South Asia 1,869 2,357 1,907 7 5 6 217 190 220

India (Oct-Sep) 1,863 2,350 1,900 7 5 6 217 190 220

Other 3,268 3,477 3,502 2,468 2,680 2,689 4,291 3,862 3,417

World Total 64,801 67,373 67,987 10,535 11,330 11,869 153,065 148,692 149,393

Imports

European Union (Oct-Sep) 18,354 18,300 19,000 284 375 350 14,584 15,200 15,100

East Asia 3,639 3,590 3,725 904 1,257 1,650 101,275 90,397 92,653

China (Oct-Sep) 23 20 50 481 800 1,200 94,095 83,000 85,000

Japan (Oct-Sep) 1,728 1,625 1,675 7 9 5 3,256 3,300 3,350

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

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

Southeast Asia 16,780 16,903 17,049 231 270 291 7,726 9,106 9,906

Indonesia (Oct-Sep) 4,486 4,575 4,700 30 34 38 2,483 2,725 2,950

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

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

Thailand (Sep-Aug) 3,191 2,900 2,940 0 1 1 2,482 3,150 3,400

Vietnam (Jan-Dec) 4,800 4,850 4,580 50 70 75 1,850 2,200 2,450

North America 3,391 3,553 3,484 368 379 401 5,954 6,785 7,144

Canada (Aug-Jul) 1,022 1,018 1,050 21 23 22 487 1,172 800

Mexico (Sep-Aug) 1,931 1,900 1,980 195 175 175 4,873 5,230 5,800

South America 5,119 5,263 5,511 1,304 1,365 1,401 6,153 7,783 5,385

Brazil (Oct-Sep) 19 26 26 45 50 50 175 145 200

Colombia (Oct-Sep) 1,373 1,425 1,500 355 375 390 550 575 620

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

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

Middle East 3,821 5,900 5,910 328 248 285 6,425 5,675 5,800

Iran (Oct-Sep) 1,113 2,700 2,400 213 135 165 2,559 2,000 1,850

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

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

Turkey (Oct-Sep) 557 700 780 0 0 0 2,777 2,600 2,800

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

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

Other 3,688 3,549 3,854 4,390 5,016 5,187 6,474 6,809 7,283

World Total 59,910 62,623 64,406 9,808 11,035 11,740 152,996 146,349 148,097

Foreign Agricultural Service/USDA 18 October 2019Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

Production none

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

17,700 Malaysia 18,858 19,683 21,000 21,200 21,200

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

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

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

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

58,901 Total 65,267 70,610 74,080 76,014 76,014

Imports none

8,860 India 9,341 8,608 9,700 10,000 10,000

4,689 China 4,881 5,320 6,900 6,700 7,200

6,717 European Union 7,219 7,057 7,150 7,000 7,000

2,720 Pakistan 3,075 3,095 3,500 3,300 3,500

1,511 Bangladesh 1,347 1,637 1,650 1,750 1,750

1,307 United States 1,367 1,527 1,530 1,550 1,550

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

941 Philippines 1,131 1,185 1,225 1,250 1,250

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

788 Burma 809 847 880 900 900

13,335 Other 14,585 15,064 16,021 16,719 16,719

42,839 Total 45,927 46,451 50,806 51,569 52,269

Exports none

22,906 Indonesia 27,633 26,967 29,200 30,200 30,200

16,667 Malaysia 16,313 16,472 18,000 18,000 18,500

614 Guatemala 718 800 812 815 815

420 Colombia 502 697 750 770 770

580 Papua New Guinea 664 635 640 635 635

2,650 Other 3,094 2,998 3,357 3,463 3,463

43,837 Total 48,924 48,569 52,759 53,883 54,383

Domestic Consumption none

9,270 Indonesia 9,160 11,000 12,625 12,750 12,750

9,100 India 9,350 9,270 9,805 10,185 10,185

4,800 China 4,750 5,100 7,012 6,700 7,220

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

3,000 Malaysia 2,587 3,233 3,554 3,985 3,785

2,795 Pakistan 2,995 3,145 3,495 3,245 3,495

1,835 Thailand 2,106 2,343 2,495 2,590 2,590

1,391 Bangladesh 1,364 1,580 1,690 1,800 1,800

1,269 United States 1,355 1,563 1,508 1,509 1,509

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

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

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

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

788 Burma 800 850 880 900 900

850 Russia 850 935 880 880 880

13,719 Other 14,837 15,801 16,643 17,340 17,340

59,682 Total 61,559 66,495 72,547 73,994 74,564

Ending Stocks none

2,258 Indonesia 1,470 3,004 2,679 2,729 2,729

1,460 Malaysia 2,016 2,529 2,575 2,840 2,140

425 European Union 710 721 726 681 681

293 Thailand 389 481 488 450 450

151 Russia 116 157 252 372 372

3,694 Other 4,291 4,097 3,849 3,533 3,533

8,281 Total 8,992 10,989 10,569 10,605 9,905

Foreign Agricultural Service/USDA 19 October 2019Office of Global Analysis

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Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

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

Production

China (Oct-Sep) 10,209 9,604 9,442 6,747 6,347 6,240 13,274 12,850 13,100

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

Canada (Aug-Jul) 5,230 5,240 5,330 4,120 4,065 4,200 21,328 20,343 19,500

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

European Union (Jul-Jun) 13,851 13,224 12,768 10,157 9,698 9,363 22,184 20,033 17,150

Other 5,216 5,309 5,673 3,680 3,698 3,959 11,031 10,708 11,118

World Total 39,513 38,790 38,643 28,083 27,459 27,426 74,921 71,938 68,572

Imports

China (Oct-Sep) 1,258 1,450 1,350 1,067 1,450 1,550 4,715 3,475 3,400

India (Oct-Sep) 0 0 0 278 125 150 0 0 0

Canada (Aug-Jul) 17 7 7 14 16 15 108 146 100

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

European Union (Jul-Jun) 242 525 530 158 250 225 4,150 4,232 5,100

Other 4,705 4,810 4,920 2,955 3,000 3,054 4,112 3,950 4,280

World Total 6,228 6,799 6,814 4,491 4,861 5,014 15,469 14,253 15,365

Exports

China (Oct-Sep) 14 12 15 16 16 15 0 0 0

India (Oct-Sep) 864 900 900 3 4 3 0 0 0

Canada (Aug-Jul) 4,537 4,620 4,740 3,170 3,200 3,375 10,849 9,141 10,200

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

European Union (Jul-Jun) 460 450 400 271 200 200 131 89 50

Other 497 779 853 1,137 1,530 1,451 5,216 5,375 5,425

World Total 6,372 6,761 6,908 4,598 4,951 5,045 16,196 14,605 15,675

Domestic Consumption

China (Oct-Sep) 11,453 11,042 10,777 8,600 8,309 8,188 17,850 16,825 16,550

India (Oct-Sep) 2,875 3,200 3,150 2,830 2,730 2,730 7,170 7,800 7,800

Canada (Aug-Jul) 680 650 615 970 980 995 9,430 9,753 9,900

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

European Union (Jul-Jun) 13,700 13,275 12,900 10,100 9,700 9,400 25,300 24,200 23,050

Other 9,340 9,430 9,730 5,474 5,299 5,569 9,526 9,858 10,284

World Total 39,368 38,972 38,557 29,014 28,103 27,992 71,631 70,891 70,069

Ending Stocks

China (Oct-Sep) 0 0 0 1,741 1,213 800 1,203 703 653

India (Oct-Sep) 447 397 397 168 143 144 369 569 469

Canada (Aug-Jul) 117 94 76 487 388 233 2,499 4,094 3,594

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

European Union (Jul-Jun) 206 230 228 258 306 294 1,778 1,754 904

Other 266 176 186 447 316 309 1,653 1,078 767

World Total 1,088 944 936 3,129 2,395 1,798 7,556 8,251 6,444

Foreign Agricultural Service/USDA 20 October 2019Office of Global Analysis

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Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

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

Production

Argentina (Mar-Feb) 3,538 3,825 3,654 1,285 1,420 1,410 1,300 1,430 1,415

Russia (Sep-Aug) 10,362 12,710 13,000 4,167 4,823 5,130 4,192 4,853 5,162

Turkey (Sep-Aug) 1,550 1,800 1,750 1,128 1,183 1,183 892 935 935

Ukraine (Sep-Aug) 13,700 15,000 14,500 5,679 6,112 5,906 5,913 6,364 6,149

European Union (Oct-Sep) 10,128 9,513 9,800 4,806 4,752 4,779 3,760 3,718 3,739

Other 8,540 8,569 8,677 2,767 2,880 2,907 2,383 2,434 2,460

World Total 47,818 51,417 51,381 19,832 21,170 21,315 18,440 19,734 19,860

Imports

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

Russia (Sep-Aug) 47 50 55 39 10 20 30 10 20

Turkey (Sep-Aug) 720 600 550 931 900 960 503 525 525

Ukraine (Sep-Aug) 30 23 30 9 1 1 1 0 0

European Union (Oct-Sep) 512 550 550 3,485 3,500 3,400 1,529 1,800 1,600

Other 841 987 1,018 2,123 3,081 3,217 6,462 6,985 7,348

World Total 2,150 2,210 2,203 6,587 7,492 7,598 8,525 9,320 9,493

Exports

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

Russia (Sep-Aug) 97 330 200 1,202 1,500 1,625 2,307 2,400 2,600

Turkey (Sep-Aug) 56 60 75 7 20 20 390 400 400

Ukraine (Sep-Aug) 39 105 125 4,238 4,650 4,700 5,341 6,100 6,000

European Union (Oct-Sep) 630 525 600 406 350 450 526 550 540

Other 1,572 1,530 1,473 341 314 316 570 517 512

World Total 2,444 2,620 2,573 6,894 7,634 7,861 9,734 10,647 10,724

Domestic Consumption

Argentina (Mar-Feb) 3,350 3,710 3,675 580 620 640 712 729 744

Russia (Sep-Aug) 10,456 12,170 12,920 3,050 3,300 3,550 2,010 2,370 2,580

Turkey (Sep-Aug) 2,172 2,302 2,297 2,000 2,070 2,100 980 1,080 1,080

Ukraine (Sep-Aug) 13,940 14,950 14,450 1,350 1,500 1,400 580 280 205

European Union (Oct-Sep) 9,990 9,870 9,920 7,860 7,910 7,860 4,643 4,863 4,863

Other 8,061 8,115 8,220 4,603 5,659 5,820 8,273 9,078 9,389

World Total 47,969 51,117 51,482 19,443 21,059 21,370 17,198 18,400 18,861

Ending Stocks

Argentina (Mar-Feb) 1,276 1,321 1,200 50 50 70 14 35 34

Russia (Sep-Aug) 180 440 375 156 189 164 139 232 234

Turkey (Sep-Aug) 91 129 57 202 195 218 56 36 16

Ukraine (Sep-Aug) 172 140 95 534 497 304 118 102 46

European Union (Oct-Sep) 665 333 163 374 366 235 339 444 380

Other 647 558 560 122 110 98 1,117 941 848

World Total 3,031 2,921 2,450 1,438 1,407 1,089 1,783 1,790 1,558

Foreign Agricultural Service/USDA 21 October 2019Office of Global Analysis

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Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

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

Production

China (Oct-Sep) 2,864 2,864 2,944 1,382 1,374 1,379 5 5 5

India (Oct-Sep) 1,220 1,090 1,125 1,325 1,250 1,400 nr nr nr

Turkey (Nov-Oct) 7 7 7 232 240 240 263 220 250

United States (Aug-Jul) 105 99 103 255 216 263 16 16 16

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

Other 1,687 1,723 1,738 1,940 2,026 1,990 771 605 779

World Total 5,896 5,796 5,930 5,178 5,151 5,317 3,255 3,086 3,360

Imports

China (Oct-Sep) 112 170 160 0 0 0 42 50 55

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

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

United States (Aug-Jul) 32 27 32 0 1 1 322 350 360

European Union (Oct-Sep) 70 70 70 1 1 1 211 170 220

Other 23 24 24 59 46 49 341 358 384

World Total 237 291 286 63 51 51 916 928 1,019

Exports

China (Oct-Sep) 10 10 10 0 4 2 0 0 0

India (Oct-Sep) 19 17 17 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 8 5 74 70 75

United States (Aug-Jul) 5 4 5 45 41 57 11 10 10

European Union (Oct-Sep) 4 4 4 1 1 1 645 690 700

Other 239 238 263 53 59 60 290 208 318

World Total 277 273 299 100 113 125 1,020 978 1,103

Domestic Consumption

China (Oct-Sep) 2,966 3,024 3,094 1,382 1,370 1,377 47 55 60

India (Oct-Sep) 1,090 1,140 1,200 1,345 1,245 1,405 nr nr nr

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

United States (Aug-Jul) 132 122 130 215 171 207 327 356 366

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

Other 1,460 1,491 1,500 1,902 2,011 2,009 768 797 824

World Total 5,734 5,863 6,010 5,122 5,076 5,277 2,872 3,078 3,245

Ending Stocks

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

India (Oct-Sep) 384 317 225 21 29 24 nr nr nr

Turkey (Nov-Oct) 0 0 0 2 0 1 52 52 52

United States (Aug-Jul) 11 11 11 15 20 20 0 0 0

European Union (Oct-Sep) 5 5 5 0 0 0 369 369 379

Other 90 108 107 91 93 63 196 154 175

World Total 490 441 348 129 142 108 617 575 606

Foreign Agricultural Service/USDA 22 October 2019Office of Global Analysis

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Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

405.57 31.3382.89554.2480.8367.85223.40 2006/07 394.20 77.16

393.14 31.9291.74560.7590.4577.16220.36 2007/08 403.31 65.69

399.73 33.7894.15559.9894.5565.69230.87 2008/09 405.31 60.52

447.25 34.61107.60610.36102.6060.52235.72 2009/10 425.40 77.36

460.48 35.86108.32642.88105.0377.36245.72 2010/11 446.00 88.55

446.76 36.08110.97648.46113.1588.55248.78 2011/12 465.74 71.75

474.60 36.46118.11661.12114.7871.75256.67 2012/13 471.05 71.96

503.23 37.25133.77708.74133.5571.96260.90 2013/14 494.03 80.95

538.47 38.82147.20763.00143.5980.95267.12 2014/15 520.48 95.32

524.23 40.14153.35773.07153.5295.32264.90 2015/16 526.20 93.52

575.16 41.92170.59834.86166.1893.52267.91 2016/17 554.59 109.68

580.78 42.93176.30864.99174.53109.68280.47 2017/18 572.38 116.31

597.41 43.34170.66880.50166.78116.31281.95 2018/19 581.66 128.18

574.85 44.43172.38872.84169.82128.18278.29 2019/20 590.71 109.75

Major Protein Meals

224.21 0.2869.25300.4067.308.89nr 2006/07 220.84 10.32

231.94 0.2972.93312.6970.4310.32nr 2007/08 229.37 10.38

230.11 0.3270.15308.9368.4410.38nr 2008/09 230.22 8.55

244.51 0.4072.70323.5170.448.55nr 2009/10 240.58 10.23

257.33 0.3377.92342.6875.1310.23nr 2010/11 251.80 12.97

267.38 0.4081.13359.5679.2112.97nr 2011/12 263.73 14.69

269.14 0.4379.40358.5974.7614.69nr 2012/13 266.29 12.90

282.54 0.4483.35375.8080.3612.90nr 2013/14 278.04 14.42

300.49 0.4586.41397.3682.4614.42nr 2014/15 293.05 17.91

305.27 0.4887.04406.6283.4317.91nr 2015/16 302.42 17.15

320.10 0.5488.40422.0284.7617.15nr 2016/17 316.96 16.66

331.66 0.5789.03433.2284.9016.66nr 2017/18 328.60 15.59

334.69 0.6093.06439.7389.4515.59nr 2018/19 331.95 14.72

340.32 0.6194.21446.6891.6414.72nr 2019/20 338.20 14.27

Major Vegetable Oils

122.79 96.4550.29183.6646.7314.1414.20 2006/07 118.73 14.64

129.98 99.6954.48194.6950.0814.6414.73 2007/08 125.27 14.95

135.18 103.2456.69203.8353.7014.9515.61 2008/09 131.18 15.96

142.46 107.5958.87214.1655.7415.9616.46 2009/10 138.27 17.03

149.08 109.9960.82223.2457.1417.0317.50 2010/11 142.63 19.79

158.06 115.9464.90239.8561.9919.7918.47 2011/12 151.71 23.24

161.21 121.1268.47250.0065.5523.2419.12 2012/13 158.59 22.94

171.49 125.6770.29261.6667.2322.9419.98 2013/14 166.59 24.78

177.02 131.2976.54272.8571.0524.7820.78 2014/15 170.68 25.63

176.35 135.5773.68273.0171.0325.6321.69 2015/16 177.94 21.38

188.42 139.8281.38285.1775.3721.3822.39 2016/17 183.23 20.56

198.61 144.7279.68294.1574.9820.5623.26 2017/18 192.35 22.12

203.69 149.8286.11307.7881.9722.1223.74 2018/19 200.39 21.28

207.50 154.2888.61313.4884.7121.2824.31 2019/20 205.21 19.66

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 23 October 2019Office of Global Analysis

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Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

235.70 195.5570.91360.1169.0555.3794.92 2006/07 224.38 64.82

219.23 202.6378.70362.7378.6864.8291.10 2007/08 229.67 54.36

212.23 194.8676.71344.5077.9054.3696.57 2008/09 222.45 45.34

260.98 210.4892.06393.8387.5145.34102.75 2009/10 239.16 62.60

264.74 222.2291.58417.1389.7962.60103.62 2010/11 252.54 73.01

240.81 229.1391.77408.3894.5573.01103.13 2011/12 259.18 57.43

268.96 231.81100.38423.5897.2057.43110.28 2012/13 265.13 58.08

283.20 242.86112.74454.35113.0758.08112.91 2013/14 277.81 63.81

320.73 264.75126.23508.90124.3663.81118.85 2014/15 303.87 78.80

316.57 275.13132.57528.72133.3578.80120.74 2015/16 316.24 79.91

350.53 287.80147.50574.66144.2279.91119.86 2016/17 331.54 95.62

341.62 294.90153.07590.23153.0095.62124.59 2017/18 338.35 98.81

358.77 299.53148.69603.93146.3598.81125.14 2018/19 345.37 109.87

338.97 305.21149.39596.94148.10109.87122.57 2019/20 352.34 95.21

Meal, Soybean

153.81 195.5754.84212.6952.746.14nr 2006/07 150.41 7.43

159.01 202.6556.50221.2254.787.43nr 2007/08 156.97 7.75

153.08 194.9453.27212.4951.677.75nr 2008/09 153.92 5.31

165.78 210.5655.94224.6353.545.31nr 2009/10 161.74 6.96

175.03 222.3158.89238.8556.876.96nr 2010/11 170.65 9.31

180.89 229.2458.71247.2257.029.31nr 2011/12 177.75 10.76

182.25 232.0458.39247.0854.0710.76nr 2012/13 178.84 9.85

190.45 243.1160.65258.0757.779.85nr 2013/14 186.56 10.86

208.48 265.0364.41279.9960.6510.86nr 2014/15 201.59 13.99

215.97 275.5265.53292.0562.0913.99nr 2015/16 213.17 13.36

225.93 288.3264.77299.7060.4013.36nr 2016/17 221.76 13.17

232.68 295.7064.80305.7659.9113.17nr 2017/18 229.23 11.72

235.22 300.4067.37309.5662.6211.72nr 2018/19 230.94 11.25

239.71 306.1367.99315.3764.4111.25nr 2019/20 236.24 11.14

Oil, Soybean

36.41 195.5510.5050.009.773.82nr 2006/07 35.45 4.05

37.79 202.6310.8852.1310.294.05nr 2007/08 37.28 3.97

36.16 194.869.2149.149.003.97nr 2008/09 36.34 3.59

38.97 210.489.1951.058.483.59nr 2009/10 38.16 3.70

41.48 222.229.6254.569.383.70nr 2010/11 40.48 4.46

42.82 229.138.5355.288.004.46nr 2011/12 42.46 4.29

43.34 231.919.3356.148.514.29nr 2012/13 42.59 4.22

45.24 242.959.4258.739.274.22nr 2013/14 45.31 3.99

49.28 264.8511.1263.3110.043.99nr 2014/15 47.74 4.46

51.56 275.2811.7767.7111.704.46nr 2015/16 52.19 3.75

53.81 288.0111.3368.4910.933.75nr 2016/17 53.41 3.76

55.15 295.1310.5468.719.813.76nr 2017/18 54.71 3.47

56.12 299.7811.3370.6211.043.47nr 2018/19 55.52 3.77

57.20 305.4911.8772.7111.743.77nr 2019/20 57.17 3.68

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

Foreign Agricultural Service/USDA 24 October 2019Office of Global Analysis

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Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

45.75 0.356.6558.417.025.6326.76 2006/07 46.57 5.20

49.15 0.358.1861.917.575.2029.15 2007/08 49.20 4.53

58.17 0.4012.2074.8412.154.5331.20 2008/09 54.99 7.66

60.79 0.4210.9079.2610.817.6630.65 2009/10 59.66 8.70

60.52 0.4510.9379.4010.188.7033.58 2010/11 59.79 8.68

61.23 0.4512.9983.1513.248.6833.30 2011/12 63.34 6.83

63.31 0.4712.5782.9712.836.8335.79 2012/13 64.89 5.50

70.59 0.4915.1091.6415.555.5035.67 2013/14 68.82 7.73

70.43 0.5515.1192.4714.327.7335.05 2014/15 70.11 7.26

68.74 0.6514.3590.1414.157.2633.31 2015/16 69.62 6.17

69.43 0.6515.8091.1115.516.1733.37 2016/17 70.32 4.99

74.92 0.6516.2095.3815.474.9936.50 2017/18 71.63 7.56

71.94 0.6514.6193.7514.257.5636.51 2018/19 70.89 8.25

68.57 0.6515.6892.1915.378.2534.73 2019/20 70.07 6.44

Meal, Rapeseed

25.55 0.003.0029.603.210.83nr 2006/07 25.85 0.75

27.22 0.003.9331.853.880.75nr 2007/08 27.27 0.64

30.36 0.003.7534.783.770.64nr 2008/09 30.22 0.80

32.90 0.003.6337.593.880.80nr 2009/10 32.71 1.25

33.39 0.005.2839.975.331.25nr 2010/11 33.64 1.06

34.92 0.005.5641.545.561.06nr 2011/12 34.88 1.10

35.97 0.005.7042.695.611.10nr 2012/13 36.01 0.98

38.32 0.006.3545.806.500.98nr 2013/14 38.52 0.93

38.72 0.006.0745.656.010.93nr 2014/15 38.59 1.00

38.61 0.005.6945.325.721.00nr 2015/16 38.52 1.11

38.80 0.005.9845.815.901.11nr 2016/17 38.75 1.09

39.51 0.006.3746.836.231.09nr 2017/18 39.37 1.09

38.79 0.006.7646.686.801.09nr 2018/19 38.97 0.94

38.64 0.006.9146.406.810.94nr 2019/20 38.56 0.94

Oil, Rapeseed

17.79 13.222.0021.002.211.00nr 2006/07 18.19 0.81

18.95 13.521.9121.812.050.81nr 2007/08 18.80 1.10

21.33 14.412.4724.912.481.10nr 2008/09 20.99 1.45

23.23 15.232.7527.632.961.45nr 2009/10 22.75 2.13

23.41 15.663.4328.923.382.13nr 2010/11 23.20 2.28

24.72 16.423.9831.084.082.28nr 2011/12 23.79 3.30

25.39 16.473.9532.623.933.30nr 2012/13 23.73 4.94

27.02 17.773.8335.773.824.94nr 2013/14 25.68 6.27

27.41 18.884.0737.633.956.27nr 2014/15 27.04 6.52

27.34 19.814.1737.994.136.52nr 2015/16 28.18 5.64

27.54 20.344.4937.574.395.64nr 2016/17 28.91 4.17

28.08 20.464.6036.744.494.17nr 2017/18 29.01 3.13

27.46 20.034.9535.454.863.13nr 2018/19 28.10 2.40

27.43 20.165.0534.845.012.40nr 2019/20 27.99 1.80

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 25 October 2019Office of Global Analysis

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Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

30.08 4.0229.441.911.813.4823.45 2006/07

27.62 3.7227.751.461.294.0221.44 2007/08

33.12 3.8532.762.151.923.7223.89 2008/09

31.59 2.6032.861.551.563.8522.97 2009/10

32.75 2.2632.931.781.622.6023.09 2010/11

38.71 2.5438.201.931.702.2624.64 2011/12

34.94 2.7834.611.451.362.5423.60 2012/13

41.12 3.2440.321.961.622.7824.03 2013/14

39.28 2.9339.491.661.563.2423.13 2014/15

40.74 2.7940.742.011.872.9323.47 2015/16

48.26 3.4847.292.462.172.7925.95 2016/17

47.82 3.0347.972.442.153.4825.93 2017/18

51.42 2.9251.122.622.213.0326.33 2018/19

51.38 2.4551.482.572.202.9226.26 2019/20

Meal, Sunflowerseed

11.87 0.2411.903.493.440.31nr 2006/07

11.26 0.3010.843.312.960.24nr 2007/08

13.08 0.8112.474.304.200.30nr 2008/09

13.42 1.0012.834.093.690.81nr 2009/10

13.31 1.0712.724.574.061.00nr 2010/11

15.60 1.7014.606.806.421.07nr 2011/12

14.15 0.8014.835.134.931.70nr 2012/13

16.70 1.4515.606.225.760.80nr 2013/14

16.16 1.6915.585.875.531.45nr 2014/15

16.51 1.7416.196.235.961.69nr 2015/16

19.34 1.3619.257.446.961.74nr 2016/17

19.83 1.4419.446.896.591.36nr 2017/18

21.17 1.4121.067.637.491.44nr 2018/19

21.32 1.0921.377.867.601.41nr 2019/20

Oil, Sunflowerseed

10.74 1.2010.164.053.461.21nr 2006/07

10.26 1.209.513.532.781.20nr 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

15.55 2.9514.067.796.962.30nr 2013/14

14.97 2.5914.127.396.182.95nr 2014/15

15.39 1.6715.228.117.022.59nr 2015/16

18.16 1.7516.5410.428.881.67nr 2016/17

18.44 1.7817.209.738.531.75nr 2017/18

19.73 1.7918.4010.659.321.78nr 2018/19

19.86 1.5618.8610.729.491.79nr 2019/20

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

Foreign Agricultural Service/USDA 26 October 2019Office of Global Analysis

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

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

26.25 26.837.5728.3969.3837.625.51 2006/07 34.90 6.10

29.93 29.558.8532.5277.4741.456.10 2007/08 38.97 5.99

33.09 31.949.6335.0683.5744.495.99 2008/09 42.23 6.29

34.66 33.5810.0636.3887.3246.386.29 2009/10 44.24 6.70

35.42 34.2710.7337.4191.3349.216.70 2010/11 45.57 8.35

38.60 36.8712.4739.9499.5052.558.35 2011/12 49.99 9.57

42.12 40.3914.6543.19108.0756.379.57 2012/13 55.69 9.18

41.94 41.1016.3143.24110.4159.289.18 2013/14 58.06 9.11

44.79 43.3914.1347.39115.6761.789.11 2014/15 58.22 10.06

42.84 42.6716.3043.84111.8058.9010.06 2015/16 59.68 8.28

45.93 44.5416.2648.92119.4865.278.28 2016/17 61.56 8.99

46.45 46.8118.8548.57126.0570.618.99 2017/18 66.50 10.99

50.81 50.4421.2552.76135.8874.0810.99 2018/19 72.55 10.57

52.27 52.3421.7354.38138.8576.0110.57 2019/20 74.56 9.91

Oil, Coconut

1.88 1.661.431.745.413.070.46 2006/07 3.18 0.49

1.91 1.781.511.935.803.400.49 2007/08 3.32 0.55

1.67 1.651.561.485.593.360.55 2008/09 3.25 0.86

2.30 2.081.702.076.633.470.86 2009/10 3.82 0.75

1.80 1.861.671.806.143.590.75 2010/11 3.57 0.77

1.84 1.921.541.866.003.390.77 2011/12 3.49 0.64

1.89 1.981.701.936.163.620.64 2012/13 3.72 0.51

1.74 1.741.541.915.633.380.51 2013/14 3.32 0.40

1.82 1.741.501.945.593.370.40 2014/15 3.28 0.38

1.61 1.671.531.595.303.310.38 2015/16 3.23 0.47

1.50 1.551.491.915.363.390.47 2016/17 3.07 0.39

1.71 1.671.681.735.753.660.39 2017/18 3.38 0.64

1.75 1.771.711.856.063.670.64 2018/19 3.51 0.70

1.81 1.801.721.786.093.580.70 2019/20 3.55 0.75

Meal, Fish

2.82 0.000.052.658.695.140.73 2006/07 5.08 0.97

3.17 0.000.052.949.275.140.97 2007/08 5.50 0.83

3.26 0.000.053.089.295.200.83 2008/09 5.51 0.71

2.76 0.000.052.417.714.240.71 2009/10 5.03 0.28

2.77 0.000.052.698.605.550.28 2010/11 5.22 0.69

3.05 0.000.052.808.444.710.69 2011/12 5.36 0.28

2.47 0.000.052.327.594.840.28 2012/13 4.81 0.45

2.74 0.000.052.477.644.450.45 2013/14 4.94 0.23

2.50 0.000.052.287.424.690.23 2014/15 4.87 0.26

2.46 0.000.052.217.244.510.26 2015/16 4.75 0.27

3.07 0.000.052.538.214.870.27 2016/17 5.42 0.26

3.01 0.000.052.508.214.940.26 2017/18 5.28 0.43

3.14 0.000.052.608.204.640.43 2018/19 5.40 0.21

3.26 0.000.052.618.344.870.21 2019/20 5.52 0.22

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 27 October 2019Office of Global Analysis

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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

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

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

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

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

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

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

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

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

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

115,891 55,05553,968123,7771,1306,75638,403 2015/16 62,941 6,868

126,942 56,25760,083135,3121,5026,86839,247 2016/17 65,628 9,601

131,483 60,16859,315142,5031,4199,60142,801 2017/18 69,361 13,827

130,716 61,02948,703145,6521,10913,82741,415 2018/19 70,292 26,657

107,926 62,31649,533135,9391,35626,65737,666 2019/20 72,216 14,190

Major Protein Meals

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

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

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

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

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

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

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

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

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

42,777 55,05511,17847,1374,070290nr 2015/16 35,684 275

43,112 56,25710,82647,3073,920275nr 2016/17 36,073 408

47,027 60,16813,00351,1713,736408nr 2017/18 37,605 563

46,711 61,02912,62351,2413,967563nr 2018/19 38,152 466

47,765 62,31612,73552,0693,838466nr 2019/20 38,909 425

Major Vegetable Oils

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

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

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

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

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

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

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

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

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

11,210 55,0551,24817,0234,5271,2860 2015/16 14,574 1,201

11,434 56,2571,41517,3664,7311,2010 2016/17 14,720 1,231

12,109 60,1681,34218,1234,7831,2310 2017/18 15,541 1,240

12,245 61,0291,14018,1984,7131,2400 2018/19 15,940 1,118

12,576 62,3161,02518,5394,8451,1180 2019/20 16,462 1,052

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 28 October 2019Office of Global Analysis

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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

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

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

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

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

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

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

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

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

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

106,869 51,33552,869112,6986415,18833,080 2015/16 54,475 5,354

116,931 51,74258,963122,8916065,35433,470 2016/17 55,720 8,208

120,065 55,92658,071128,8675948,20836,236 2017/18 58,873 11,923

120,515 56,93547,564132,82138311,92335,448 2018/19 60,408 24,849

96,623 57,69748,308122,01654424,84930,702 2019/20 61,185 12,523

Meal, Soybean

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

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

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

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

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

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

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

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

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

40,525 51,33510,84341,119358236nr 2015/16 30,037 239

40,630 51,74210,50541,182313239nr 2016/17 30,314 363

44,657 55,92612,71545,458438363nr 2017/18 32,239 504

44,447 56,93512,33845,586635504nr 2018/19 32,840 408

45,178 57,69712,42846,040454408nr 2019/20 33,249 363

Oil, Soybean

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

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

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

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

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

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

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

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

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

9,956 51,3351,01710,927130841nr 2015/16 9,146 764

10,035 51,7421,15910,944145764nr 2016/17 9,009 776

10,783 55,9261,10811,711152776nr 2017/18 9,698 905

11,018 56,93591912,104181905nr 2018/19 10,409 776

11,154 57,69778212,134204776nr 2019/20 10,660 692

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

Meal and Oil are on an October/September MY.

Foreign Agricultural Service/USDA 29 October 2019Office of Global Analysis

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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)

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

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

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

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

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

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

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

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

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

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

114,600 42,16168,807123,5302678,66333,900 2016/17 44,811 9,912

122,000 43,45884,155132,0971859,91235,150 2017/18 45,590 2,352

117,000 43,00069,000119,5021502,35235,900 2018/19 45,652 4,850

123,000 43,85077,800128,0502004,85036,900 2019/20 46,600 3,650

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

32,680 42,16113,91535,606352,891nr 2016/17 17,261 4,430

33,650 43,45816,97638,100204,430nr 2017/18 17,800 3,324

33,350 43,00015,60036,699253,324nr 2018/19 18,190 2,909

34,000 43,85015,20036,935262,909nr 2019/20 18,975 2,760

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

8,080 42,1611,3238,60251471nr 2016/17 6,887 392

8,340 43,4581,4108,77341392nr 2017/18 6,990 373

8,250 43,0001,1508,67350373nr 2018/19 7,171 352

8,415 43,8501,1508,81750352nr 2019/20 7,300 367

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

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

Foreign Agricultural Service/USDA 30 October 2019Office of Global Analysis

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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)

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

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

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

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

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

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

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

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

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

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

55,000 40,9407,24765,6282,6317,99717,335 2016/17 47,440 10,941

37,800 36,3503,84155,9977,25610,94116,300 2017/18 43,050 9,106

55,300 43,1007,60068,5214,1159,10616,600 2018/19 49,993 10,928

53,000 44,0008,00067,8283,90010,92817,500 2019/20 51,150 8,678

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

34,737 45,11031,87339,15304,416nr 2014/15 2,523 4,757

33,102 43,04230,98437,86014,757nr 2015/16 2,757 4,119

31,450 40,94029,25535,56904,119nr 2016/17 2,930 3,384

27,950 36,35025,84831,33403,384nr 2017/18 3,136 2,350

33,000 43,10029,00035,35002,350nr 2018/19 3,200 3,150

33,750 44,00030,30036,90003,150nr 2019/20 3,450 3,150

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

7,925 40,9404,7218,3840459nr 2016/17 3,190 473

7,160 36,3504,5677,6330473nr 2017/18 2,760 306

8,400 43,1005,6508,7060306nr 2018/19 2,725 331

8,650 44,0005,9508,9810331nr 2019/20 2,695 336

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

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

Foreign Agricultural Service/USDA 31 October 2019Office of Global Analysis

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

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

4,054 Oilseed, Copra 4,243 4,626 4,656 4,486 4,486

13,705 Oilseed, Palm Kernel 15,058 16,274 17,000 17,520 17,520

947 Oilseed, Soybean 885 846 817 799 799

3,705 Other 3,707 3,674 3,617 3,587 3,587

22,411 Total 23,893 25,420 26,090 26,392 26,392

none

Domestic Consumption none

795 Meal, Fish 921 916 927 930 930

427 Meal, Rapeseed 378 458 520 530 530

18,257 Meal, Soybean 18,756 19,462 19,982 20,548 20,248

3,061 Other 3,421 3,599 3,751 3,832 3,832

22,540 Total 23,476 24,435 25,180 25,840 25,540

none

SME none

1,152 Meal, Fish 1,333 1,324 1,340 1,344 1,344

304 Meal, Rapeseed 269 326 370 377 377

18,187 Meal, Soybean 18,666 19,352 19,862 20,428 20,128

1,598 Other 1,746 1,817 1,872 1,902 1,902

21,242 Total 22,014 22,818 23,444 24,050 23,750

none

Imports none

278 Meal, Fish 351 370 372 385 385

384 Meal, Rapeseed 360 501 490 500 500

15,661 Meal, Soybean 16,097 16,780 16,903 17,349 17,049

684 Other 739 701 700 735 735

17,007 Total 17,547 18,352 18,465 18,969 18,669

none

Industrial Dom. Cons. none

7,226 Oil, Palm 6,767 9,005 10,885 11,580 11,380

0 Oil, Rapeseed 0 0 0 0 0

42 Oil, Soybean 46 45 50 55 55

0 Oil, Sunflowerseed 0 0 0 0 0

3,988 Other 4,191 4,708 4,984 5,121 5,121

11,256 Total 11,004 13,758 15,919 16,756 16,556

none

Food Use Dom. Cons. none

9,231 Oil, Palm 9,740 10,220 10,545 10,970 10,970

26 Oil, Rapeseed 31 17 23 26 26

652 Oil, Soybean 672 635 741 800 800

131 Oil, Sunflowerseed 131 131 131 131 131

1,421 Other 1,476 1,567 1,653 1,712 1,712

11,461 Total 12,050 12,570 13,093 13,639 13,639

none

Domestic Consumption none

16,873 Oil, Palm 16,975 19,748 21,981 22,722 22,522

26 Oil, Rapeseed 31 17 23 26 26

694 Oil, Soybean 718 680 791 855 855

131 Oil, Sunflowerseed 131 131 131 131 131

5,419 Other 5,677 6,285 6,647 6,843 6,843

23,143 Total 23,532 26,861 29,573 30,577 30,377

none

Imports none

3,600 Oil, Palm 3,663 3,643 3,877 4,012 4,012

13 Oil, Rapeseed 12 12 13 13 13

290 Oil, Soybean 273 231 270 291 291

0 Oil, Sunflowerseed 0 0 0 0 0

567 Other 499 567 537 589 589

4,470 Total 4,447 4,453 4,697 4,905 4,905

Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 32 October 2019Office of Global Analysis

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Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

1,032 Oilseed, Cottonseed 1,228 1,447 1,502 1,492 1,492

254 Oilseed, Rapeseed 263 200 228 228 228

242 Oilseed, Soybean 241 292 257 272 277

1,147 Oilseed, Sunflowerseed 1,376 1,609 1,859 1,809 1,809

148 Other 164 165 154 150 150

2,823 Total 3,272 3,713 4,000 3,951 3,956

none

Domestic Consumption none

110 Meal, Fish 125 120 135 135 135

835 Meal, Rapeseed 855 748 555 582 582

7,456 Meal, Soybean 7,885 8,291 8,923 9,362 9,462

2,892 Other 3,366 3,707 3,762 3,824 3,824

11,293 Total 12,231 12,866 13,375 13,903 14,003

none

SME none

159 Meal, Fish 181 173 195 195 195

594 Meal, Rapeseed 608 532 395 414 414

7,454 Meal, Soybean 7,883 8,289 8,921 9,360 9,460

1,927 Other 2,249 2,457 2,519 2,555 2,555

10,134 Total 10,921 11,451 12,030 12,524 12,624

none

Imports none

108 Meal, Fish 125 130 120 130 130

196 Meal, Rapeseed 173 169 170 175 175

4,112 Meal, Soybean 4,950 3,821 5,900 5,910 5,910

1,497 Other 1,764 1,813 1,740 1,832 1,832

5,913 Total 7,012 5,933 7,930 8,047 8,047

none

Imports none

2,309 Oil, Palm 2,521 2,564 2,947 3,072 3,072

61 Oil, Rapeseed 52 52 54 54 54

414 Oil, Soybean 345 328 248 285 285

1,654 Oil, Sunflowerseed 2,222 1,721 1,990 2,045 2,045

171 Other 174 159 182 188 188

4,609 Total 5,314 4,824 5,421 5,644 5,644

none

Industrial Dom. Cons. none

185 Oil, Palm 180 180 180 185 185

30 Oil, Rapeseed 30 14 10 7 7

126 Oil, Soybean 125 135 138 144 144

20 Oil, Sunflowerseed 20 20 20 20 20

58 Other 54 50 50 50 50

419 Total 409 399 398 406 406

none

Food Use Dom. Cons. none

1,814 Oil, Palm 1,935 2,156 2,377 2,517 2,517

324 Oil, Rapeseed 259 217 202 203 203

929 Oil, Soybean 947 980 732 768 768

2,054 Oil, Sunflowerseed 2,301 2,302 2,613 2,664 2,664

640 Other 636 682 693 724 724

5,761 Total 6,078 6,337 6,617 6,876 6,876

none

Domestic Consumption none

1,999 Oil, Palm 2,115 2,336 2,557 2,702 2,702

354 Oil, Rapeseed 289 231 212 210 210

1,135 Oil, Soybean 1,127 1,175 940 987 987

2,084 Oil, Sunflowerseed 2,331 2,332 2,643 2,694 2,694

704 Other 700 739 750 781 781

6,276 Total 6,562 6,813 7,102 7,374 7,374

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

United Arab Emirates, West Banks, and Yemen.

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 33 October 2019Office of Global Analysis

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Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

21,997 Oilseed, Rapeseed 20,538 22,184 20,033 17,500 17,150

2,320 Oilseed, Soybean 2,410 2,540 2,664 2,600 2,600

7,721 Oilseed, Sunflowerseed 8,651 10,128 9,513 9,900 9,800

409 Other 418 487 550 546 562

32,447 Total 32,017 35,339 32,760 30,546 30,112

none

Domestic Consumption none

581 Meal, Fish 536 630 670 620 670

13,800 Meal, Rapeseed 13,680 13,700 13,275 12,900 12,900

30,692 Meal, Soybean 30,242 30,042 30,792 31,192 31,192

9,181 Other 9,907 10,276 10,327 10,277 10,277

54,254 Total 54,365 54,648 55,064 54,989 55,039

none

SME none

842 Meal, Fish 775 910 968 896 968

9,819 Meal, Rapeseed 9,733 9,748 9,445 9,178 9,178

30,650 Meal, Soybean 30,200 30,000 30,750 31,150 31,150

5,242 Other 5,795 5,935 5,975 5,942 5,942

46,554 Total 46,502 46,593 47,138 47,166 47,238

none

Imports none

284 Meal, Fish 193 267 300 250 300

409 Meal, Rapeseed 219 242 525 530 530

19,213 Meal, Soybean 18,794 18,354 18,300 19,000 19,000

5,507 Other 5,691 5,804 5,807 5,707 5,707

25,413 Total 24,897 24,667 24,932 25,487 25,537

none

Industrial Dom. Cons. none

3,400 Oil, Palm 3,700 3,800 3,900 3,800 3,800

7,200 Oil, Rapeseed 7,100 7,050 6,700 6,400 6,400

930 Oil, Soybean 850 870 950 950 950

420 Oil, Sunflowerseed 400 330 400 350 350

475 Other 525 565 585 585 585

12,425 Total 12,575 12,615 12,535 12,085 12,085

none

Food Use Dom. Cons. none

3,000 Oil, Palm 2,900 2,900 2,900 2,900 2,900

2,800 Oil, Rapeseed 2,950 3,000 2,950 2,950 2,950

1,300 Oil, Soybean 1,300 1,300 1,400 1,400 1,400

3,850 Oil, Sunflowerseed 4,200 4,300 4,450 4,400 4,500

2,358 Other 2,151 2,418 2,589 2,689 2,689

13,308 Total 13,501 13,918 14,289 14,339 14,439

none

Domestic Consumption none

6,600 Oil, Palm 6,800 6,900 7,000 6,900 6,900

10,050 Oil, Rapeseed 10,100 10,100 9,700 9,400 9,400

2,285 Oil, Soybean 2,205 2,225 2,405 2,405 2,405

4,280 Oil, Sunflowerseed 4,610 4,643 4,863 4,763 4,863

2,848 Other 2,691 2,998 3,189 3,289 3,289

26,063 Total 26,406 26,866 27,157 26,757 26,857

none

Imports none

6,717 Oil, Palm 7,219 7,057 7,150 7,000 7,000

207 Oil, Rapeseed 153 158 250 250 225

325 Oil, Soybean 285 284 375 350 350

1,418 Oil, Sunflowerseed 1,791 1,529 1,800 1,550 1,600

1,396 Other 1,422 1,618 1,591 1,661 1,661

10,063 Total 10,870 10,646 11,166 10,811 10,836

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 34 October 2019Office of Global Analysis

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Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

15,961 Oilseed, Peanut 16,361 17,092 17,000 17,500 17,500

13,859 Oilseed, Rapeseed 13,128 13,274 12,850 13,100 13,100

12,367 Oilseed, Soybean 13,596 15,283 15,900 17,100 17,100

2,872 Oilseed, Sunflowerseed 3,201 3,149 3,250 3,250 3,250

8,600 Other 8,800 10,800 10,875 10,875 10,875

53,659 Total 55,086 59,598 59,875 61,825 61,825

none

Domestic Consumption none

1,439 Meal, Fish 2,019 1,866 1,914 2,075 2,014

10,572 Meal, Rapeseed 10,777 11,453 11,042 10,770 10,777

62,663 Meal, Soybean 68,646 70,105 66,365 66,470 66,470

7,832 Other 8,252 9,495 10,755 10,822 10,987

82,506 Total 89,694 92,919 90,076 90,137 90,248

none

SME none

2,087 Meal, Fish 2,928 2,696 2,766 2,998 2,910

7,197 Meal, Rapeseed 7,339 7,816 7,520 7,326 7,331

61,663 Meal, Soybean 67,596 69,005 65,215 65,270 65,270

6,983 Other 7,260 8,244 9,058 9,133 9,234

77,930 Total 85,123 87,761 84,559 84,728 84,745

none

Imports none

1,042 Meal, Fish 1,583 1,466 1,550 1,650 1,650

359 Meal, Rapeseed 875 1,258 1,450 1,225 1,350

24 Meal, Soybean 61 23 20 50 50

403 Other 657 842 2,007 1,930 2,105

1,828 Total 3,176 3,589 5,027 4,855 5,155

none

Food Use Dom. Cons. none

2,700 Oil, Palm 2,650 2,900 4,512 4,300 4,720

2,855 Oil, Peanut 2,807 2,966 3,024 3,084 3,094

8,500 Oil, Rapeseed 8,600 8,600 8,309 8,203 8,188

15,350 Oil, Soybean 16,350 16,500 15,885 16,212 16,287

1,379 Oil, Sunflowerseed 1,332 1,428 1,690 1,833 1,833

1,272 Other 1,296 1,569 1,610 1,625 1,632

32,056 Total 33,035 33,963 35,030 35,257 35,754

none

Domestic Consumption none

4,800 Oil, Palm 4,750 5,100 7,012 6,700 7,220

2,855 Oil, Peanut 2,807 2,966 3,024 3,084 3,094

8,500 Oil, Rapeseed 8,600 8,600 8,309 8,203 8,188

15,350 Oil, Soybean 16,350 16,500 15,885 16,212 16,287

1,379 Oil, Sunflowerseed 1,332 1,428 1,690 1,833 1,833

1,832 Other 1,891 2,270 2,460 2,475 2,482

34,716 Total 35,730 36,864 38,380 38,507 39,104

none

Imports none

4,689 Oil, Palm 4,881 5,320 6,900 6,700 7,200

113 Oil, Peanut 111 112 170 150 160

768 Oil, Rapeseed 802 1,067 1,450 1,500 1,550

586 Oil, Soybean 711 481 800 1,100 1,200

878 Oil, Sunflowerseed 725 785 975 1,100 1,100

737 Other 773 883 1,085 1,090 1,100

7,771 Total 8,003 8,648 11,380 11,640 12,310

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 35 October 2019Office of Global Analysis

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Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Sep

2019/20

Oct

2019/20

none

Production none

10,996 Oilseed, Cottonseed 11,463 12,312 11,251 12,524 12,949

4,470 Oilseed, Peanut 6,924 6,650 4,700 5,200 5,200

5,920 Oilseed, Rapeseed 6,620 7,100 8,000 7,700 7,700

6,929 Oilseed, Soybean 10,992 8,350 11,500 11,000 11,000

323 Oilseed, Sunflowerseed 318 230 280 170 170

735 Other 735 770 770 770 770

29,373 Total 37,052 35,412 36,501 37,364 37,789

none

Domestic Consumption none

3,959 Meal, Cottonseed 3,725 4,278 4,055 4,420 4,515

1,108 Meal, Peanut 1,506 1,538 1,380 1,425 1,425

2,600 Meal, Rapeseed 2,750 2,875 3,200 3,150 3,150

4,460 Meal, Soybean 4,700 4,765 5,480 5,800 5,800

315 Meal, Sunflowerseed 439 218 254 252 252

431 Other 452 546 540 555 555

12,873 Total 13,572 14,220 14,909 15,602 15,697

none

SME none

3,208 Meal, Cottonseed 3,018 3,466 3,286 3,582 3,659

1,240 Meal, Peanut 1,687 1,723 1,546 1,602 1,602

1,850 Meal, Rapeseed 1,957 2,046 2,277 2,241 2,241

4,300 Meal, Soybean 4,500 4,550 5,250 5,550 5,550

210 Meal, Sunflowerseed 293 145 169 168 168

188 Other 196 239 236 242 242

10,996 Total 11,651 12,170 12,763 13,384 13,461

none

Food Use Dom. Cons. none

1,230 Oil, Cottonseed 1,120 1,300 1,200 1,330 1,360

8,600 Oil, Palm 8,800 8,700 9,200 9,550 9,550

860 Oil, Peanut 1,050 1,080 1,130 1,190 1,190

2,200 Oil, Rapeseed 2,350 2,750 2,650 2,650 2,650

5,250 Oil, Soybean 5,150 4,720 4,950 5,235 5,235

1,665 Oil, Sunflowerseed 2,000 2,500 2,750 2,775 2,775

265 Other 240 295 285 294 294

20,070 Total 20,710 21,345 22,165 23,024 23,054

none

Domestic Consumption none

1,275 Oil, Cottonseed 1,165 1,345 1,245 1,375 1,405

9,100 Oil, Palm 9,350 9,270 9,805 10,185 10,185

870 Oil, Peanut 1,060 1,090 1,140 1,200 1,200

2,280 Oil, Rapeseed 2,435 2,830 2,730 2,730 2,730

5,250 Oil, Soybean 5,150 4,720 4,950 5,235 5,235

1,665 Oil, Sunflowerseed 2,000 2,500 2,750 2,775 2,775

547 Other 506 595 604 639 639

20,987 Total 21,666 22,350 23,224 24,139 24,169

none

Imports none

0 Oil, Cottonseed 0 3 3 0 0

8,860 Oil, Palm 9,341 8,608 9,700 10,000 10,000

0 Oil, Peanut 0 0 0 0 0

383 Oil, Rapeseed 317 278 125 150 150

4,269 Oil, Soybean 3,534 2,984 3,300 3,500 3,500

1,492 Oil, Sunflowerseed 2,136 2,496 2,500 2,650 2,650

106 Other 82 117 140 165 165

15,110 Total 15,410 14,486 15,768 16,465 16,465

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 36 October 2019Office of Global Analysis

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Year Rapeseed Copra

Beg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb Rott

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average

07/08-16/17 414 424 453 451 485 518 1517 491 514 506 814

2007/08 414 452 472 469 550 458 1,688 532 745 644 867

2008/09 368 365 403 392 421 517 1,204 461 364 393 487

2009/10 354 357 390 395 429 467 1,209 342 452 419 613

2010/11 454 482 508 511 549 508 1,792 591 661 647 1188

2011/12 488 505 549 533 562 729 2,480 632 593 616 829

2012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14 482 487 514 517 542 524 1,300 480 466 505 854

2014/15 362 356 388 401 407 482 1,294 506 432 417 749

2015/16 339 346 382 375 396 419 1,260 433 440 409 907

2016/17 347 351 385 376 404 437 1,554 386 408 432 1076

2017/18

Oct 337 343 386 378 399 522 1,275 370 390 430 989

Nov 339 346 386 371 401 511 1,250 366 393 438 1,038

Dec 342 345 384 368 399 531 1,231 375 395 425 958

Jan 342 345 384 365 405 509 1,225 388 398 426 943

Feb 349 358 394 383 418 498 1,200 390 408 429 835

Mar 360 366 414 401 432 538 1,302 381 416 423 745

Apr 361 367 428 424 442 514 1,430 397 423 418 756

May 362 363 406 415 431 500 1,420 395 422 411 692

Jun 351 328 386 382 398 500 1,360 390 420 406 623

Jul 334 301 393 380 378 494 1,375 384 401 422 614

Aug 316 302 393 383 380 485 1,380 373 389 436 616

Sep 322 284 397 380 358 492 1,360 368 378 432 598

Average 343 337 396 386 403 508 1,317 381 403 425 784

2018/19

Oct 315 291 412 393 368 481 1,315 368 375 432 558

Nov 308 301 382 368 373 476 1,250 375 377 427 511

Dec 315 313 351 357 382 452 1,275 362 370 424 535

Jan 317 315 349 347 382 500 1,255 384 381 425 520

Feb 313 315 353 347 380 492 1,300 397 396 422 478

Mar 313 311 344 335 373 437 1,325 392 397 409 451

Apr 304 306 336 319 364 448 1,294 388 393 412 456

May 295 288 338 320 345 452 1,305 403 405 409 452

Jun 305 312 367 347 371 474 1,325 395 380 417 430

Jul 308 316 358 341 374 454 1,313 399 370 417 444

Aug 302 305 364 347 362 452 1,325 395 362 420 481

*Sep N/A 309 362 348 365 N/A 1,344 N/A 355 425 483

Average 309 307 360 347 370 465 1,302 387 380 420 483

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

9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary 10/9/2019 1:52:51 PM

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC

5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

Table 29: Oilseed Prices

U.S. Dollars per Metric TonSoybean Peanut Sunseed

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

Foreign Agricultural Service/USDA 37 October 2019Office of Global Analysis

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Year Fish

Beg U.S. Brz Arg Hamb U.S. Ukr Brem

Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average

07/08-16/17 406 384 380 430 213 253 1495

2007/08 370 337 299 469 191 298 1146

2008/09 365 333 290 401 168 178 1103

2009/10 343 327 311 391 167 222 1668

2010/11 381 383 386 418 242 254 1607

2011/12 434 442 442 461 272 263 1448

2012/13 516 489 506 538 266 318 1,791

2013/14 540 500 509 533 263 315 1,660

2014/15 406 376 386 403 231 269 1,632

2015/16 358 335 349 351 169 233 1,517

2016/17 349 322 326 336 160 178 1,377

2017/18

Oct 347 326 320 337 169 169 1,378

Nov 346 322 323 333 182 163 1,388

Dec 352 333 340 348 204 172 1,480

Jan 356 343 352 361 196 176 1,572

Feb 400 384 400 400 205 206 1,605

Mar 419 397 415 427 207 239 1,604

Apr 425 419 458 447 212 259 1,578

May 434 416 433 443 222 269 1,510

Jun 392 390 385 391 194 270 1,494

Jul 376 376 376 382 171 265 1,495

Aug 367 358 351 363 169 261 1,477

Sep 351 348 342 347 166 235 1,491

Average 380 368 375 382 191 224 1,506

2018/19

Oct 352 349 340 347 181 235 1,483

Nov 342 335 332 340 189 240 1,478

Dec 344 325 326 344 207 213 1,479

Jan 347 361 334 343 210 211 1,484

Feb 338 325 326 330 207 214 1,471

Mar 338 319 320 320 209 204 1,470

Apr 335 315 313 318 184 205 1,505

May 328 312 311 320 156 212 1,511

Jun 358 334 331 337 158 228 1,521

Jul 343 318 317 322 157 226 1,496

Aug 327 308 306 314 159 224 1,438

*Sep 326 304 299 315 157 210 1,384

Average 340 325 321 329 181 219 1,477

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 10/9/2019 1:52:51 PM

272

276

274

273

238

252 247

237

225

216

204

266

249

244

232

239

237

353

323

244

238

240

269

273

259

249

252

256

366

416

335

230

268

281

277

259

293

305

282

264

204

285

334

356

290

288

252

269

232

208

225

216

241

267

285

287

274

265

289

284

279

287

281

244

302

303

U.S.

5/

305

280

Table 30: Protein Meal Prices

U.S. Dollars per Metric TonSoybean SunseedCottonseed Rapeseed

Hamb

9/

269

298

195

221

278

295

Foreign Agricultural Service/USDA 38 October 2019Office of Global Analysis

Page 39: Return to Normal Production Sends Argentina’s Crush Higher › usda... · For the report ending October 3, 2019, U.S. soybean accumulated exports (shipments) to China ... 2016/17

Year Cottonseed Palm Canola Coconut Corn

Begin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average

07/08-16/17 892 921 919 1,007 1,104 1,470 1,071 1,659 1,649 822 1,036 1,222 1,010

2007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,529

2008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 722

2009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866

2010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331

2011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,236

2012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827

2015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865

2016/17 718 765 763 848 902 1,181 807 1,496 1,524 699 871 1,621 825

2017/18

Oct 713 770 775 867 817 1,235 788 1,443 1,410 681 889 1,485 771

Nov 737 781 786 881 816 1,224 795 1,433 1,368 670 930 1,549 760

Dec 711 753 758 866 755 1,208 787 1,437 1,356 619 879 1,456 749

Jan 697 759 766 864 722 1,224 784 1,458 1,335 650 848 1,399 676

Feb 675 748 753 842 693 1,213 794 1,469 1,325 654 829 1,252 655

Mar 668 747 749 834 691 1,190 790 1,477 1,325 658 798 1,124 654

Apr 655 730 735 827 688 1,190 802 1,474 1,330 651 794 1,135 650

May 648 710 719 793 689 1,190 782 1,466 1,316 639 812 1,029 654

Jun 624 685 680 786 659 1,190 759 1,493 1,308 605 817 938 651

Jul 600 666 660 775 634 1,190 774 1,499 1,289 570 836 917 634

Aug 608 657 641 766 631 1,190 739 1,499 1,281 559 853 917 591

Sep 611 653 642 757 637 1,190 713 1,491 1,264 552 843 903 583

Average 662 722 722 822 703 1,203 776 1,470 1,326 626 844 1,175 669

2018/19

Oct 637 676 658 760 674 1,190 712 1,469 1,225 539 875 841 599

Nov 606 645 633 734 693 1,164 678 1,429 1,191 492 858 767 581

Dec 620 633 617 726 707 1,179 676 1,372 1,180 489 831 806 583

Jan 627 652 651 746 748 1,179 689 1,364 1,174 538 834 782 578

Feb 652 683 693 770 803 1,168 706 1,348 1,161 556 823 713 565

Mar 631 641 653 734 787 1,173 700 1,345 1,179 523 800 681 589

Apr 614 627 629 733 819 1,190 701 1,439 N/A 538 802 675 616

May 594 626 637 733 786 1,177 726 1,455 1,370 511 820 669 612

Jun 423 637 639 726 809 1,124 738 1,455 1,374 502 833 643 604

Jul 610 638 637 742 827 1,157 772 1,458 1,370 494 836 665 590

Aug 626 676 674 775 804 1,177 772 1,455 1,365 536 877 718 602

*Sep 635 677 669 760 839 1,213 756 1,477 1,365 532 896 724 606

Average 606 651 649 745 775 1,174 719 1,422 1,269 521 840 724 594

1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.

3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA.

6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA.

9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOB

Ex-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS

* Preliminary

Table 31: Vegetable Oil Prices

U.S. Dollars per Metric Ton

10/9/2019 1:52:51 PM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA 39 October 2019Office of Global Analysis