weak real to boost brazil’s soybean exports in...

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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA October 2015 Weak Real to Boost Brazil’s Soybean Exports in 2016 Brazil’s exchange rate is having a significant impact on domestic and global soybean production and trade. Since early October 2014, the value of the real has declined 37 percent relative to the dollar. The current exchange rate, at roughly 4 reals per dollar, means that Brazilian producers are operating under a different set of price signals than their counterparts in the United States. While U.S. producers have seen the dollar value of soybeans decline 8 percent since last October, Brazilian producers have seen the price in reals rise to near record levels, equivalent to the nearly $15/bu U.S. producers experienced in May 2014. The strong soybean price in reals has allowed Brazilian exporters to be more flexible on prices. In addition, this attractive price will encourage further acreage expansion and increased soybean production. In 2016, Brazil’s production is forecast to grow nearly 4 million tons over the previous year, while exports are forecast to expand by a similar amount. With limited import growth expected for China, these sales are expected to occur at the expense of U.S. suppliers. U.S. exports are currently forecast at 45.6 million tons in 2015/16, down 4.6 million tons from last season. For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

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Page 1: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

October 2015

Weak Real to Boost Brazil’s Soybean Exports in 2016

Brazil’s exchange rate is having a significant impact on domestic and global soybean

production and trade. Since early October 2014, the value of the real has declined 37

percent relative to the dollar. The current exchange rate, at roughly 4 reals per dollar,

means that Brazilian producers are operating under a different set of price signals than

their counterparts in the United States. While U.S. producers have seen the dollar value

of soybeans decline 8 percent since last October, Brazilian producers have seen the price

in reals rise to near record levels, equivalent to the nearly $15/bu U.S. producers

experienced in May 2014.

The strong soybean price in reals has allowed Brazilian exporters to be more flexible on

prices. In addition, this attractive price will encourage further acreage expansion and

increased soybean production. In 2016, Brazil’s production is forecast to grow nearly 4

million tons over the previous year, while exports are forecast to expand by a similar

amount. With limited import growth expected for China, these sales are expected to

occur at the expense of U.S. suppliers. U.S. exports are currently forecast at 45.6 million

tons in 2015/16, down 4.6 million tons from last season.

For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

Page 2: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

OVERVIEW

2015/16 Global soybean production is raised this month as a larger forecast for Brazil more than compensates

for reductions in India and Ukraine. U.S. production is down as lower area is partly offset by a

higher yield. Trade is raised this month due to an increase in Brazil’s exportable supplies, more than

offsetting reductions in exports by the United States and Ukraine. Global exports remain at a record

level. Global stocks are raised, reflecting a larger production and carry-over from last year. The U.S.

season-average farm price is unchanged.

2014/15

Global soybean production is raised this month as larger estimates for Brazil and South Africa more

than offset reductions for the United States, Paraguay, and India. Exports are raised on larger

shipments from Brazil. Ending stocks are reduced in response to growing consumption and trade.

SOYBEAN PRICES

U.S. export bids, FOB Gulf, in

August averaged $360/ton, down $14

from last month, reflecting ample

supplies amid the onset of the

harvest.

As of the week ending October 1,

U.S. 2015/16 soybean commitments

(outstanding sales plus accumulated

exports) to China totaled 9.2 million

tons compared to 17.2 million a year

ago. Total commitments to the world

are 21.9 million tons, compared to

29.7 million for the same period last

year.

2015/16 TRADE OUTLOOK

United States soybean exports are reduced 1.4 million tons to 45.6 million in response to Brazil’s

increased supplies and strong competition.

Brazil soybean exports are raised 2.0 million tons to 56.5 million reflecting an increase in

exportable supplies and growing competitiveness resulting from a devalued real.

Canada rapeseed exports are up 400,000 tons to 7.8 million reflecting a larger production

forecast and expected increase in sales to China.

China rapeseed imports are up 600,000 tons to 3.9 million on greater availability and a lower

cottonseed use forecast.

Egypt soybean imports are raised 100,000 tons to 2.1 million reflecting growing protein meal

demand and expanding crush capacity.

European Union o Soybean imports are up 100,000 tons to 13.6 million reflecting growing demand for

protein meal.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 3: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

o Sunflowerseed oil imports are raised 100,000 tons to 1.0 million on strong demand for

soft oils and larger exportable supplies forecast for Ukraine.

India soybean meal exports are down 325,000 tons to 1.7 million on tighter supplies, strong

domestic use, and high prices relative to other exporters.

Indonesia palm oil exports are raised 200,000 tons to 25.0 million on moderate year-to-year

growth in exports.

Pakistan soybean meal imports are raised 100,000 tons to 1.0 million on continuing strong

demand for protein meal, despite import tariffs.

Philippines soybean meal imports are down 250,000 tons to 2.4 million reflecting a slower rate

of protein meal growth.

Russia soybean imports are raised 100,000 tons to 2.0 million on strong domestic demand for

protein meal.

Thailand soybean imports are up 150,000 tons to 2.3 million on additional demand from the feed

industry.

Turkey soybean imports are up 200,000 tons to 2.3 million reflecting growing domestic

requirements for protein meal.

Ukraine

o Sunflowerseed meal and oil exports grow 300,000 tons to 4.0 million each on larger

exportable supplies due to an increase in forecast domestic crush.

o Soybean exports are down 350,000 tons to 2.0 million reflecting a smaller production

forecast.

2014/15 TRADE CHANGES – based on trade data

United States

o Soybean exports are increased 229,000 tons to a record 50.2 million on final trade data.

o Soybean meal exports are raised 136,000 tons to a record 12.0 million tons on strong year-

to-date trade.

Argentina soybean meal exports are down 500,000 tons to 28.0 million on slower end-of-year

trade volume.

Brazil

o Soybean exports are up 1.1 million tons to 51.1 million on final trade data.

o Soybean meal exports are reduced 310,000 tons to 14.4 million on final trade data.

China palm oil imports are up 100,000 tons to 5.6 million.

Egypt soybean imports are boosted 100,000 tons to 2.0 million.

European Union

o Soybean imports are raised 100,000 tons to 13.6 million.

o Soybean meal imports are up 100,000 tons to 19.7 million.

o Sunflowerseed meal imports are down 100,000 tons to 3.3 million.

o Soybean oil exports are up 100,000 tons to 1.0 million.

Indonesia o Palm oil exports are up 500,000 tons to 24.5 million.

o Palm kernel meal exports are reduced 100,000 tons to 3.8 million.

Malaysia o Palm oil imports are up 150,000 tons to 950,000.

o Palm kernel meal exports are raised 100,000 tons to 2.5 million.

Pakistan o Soybean meal imports are up 100,000 tons to 1.0 million.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 4: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

o Rapeseed imports are down 100,000 tons to 925,000.

Paraguay soybean exports are reduced 225,000 tons to 4.4 million.

Philippines soybean meal imports are down 300,000 tons to 2.2 million.

Russia sunflowerseed meal exports are reduced 100,000 tons to 1.4 million.

Thailand soybean imports are up 150,000 tons to 2.2 million.

Ukraine sunflowerseed meal exports are down 200,000 tons to 3.6 million.

Questions may be directed to:

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

Rachel Trego (202) 720-1073 [email protected]

Agata Kingsbury (202) 260-8910 [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 October 2015Office of Global Analysis

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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 October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

5.59 Oilseed, Copra 5.79 5.43 5.43 5.51 5.51

48.02 Oilseed, Cottonseed 46.15 45.68 44.32 40.60 40.26

13.86 Oilseed, Palm Kernel 14.88 15.75 16.30 17.14 17.11

38.47 Oilseed, Peanut 40.47 41.14 39.49 40.78 40.89

61.61 Oilseed, Rapeseed 63.75 72.09 71.92 64.69 66.23

240.43 Oilseed, Soybean 268.82 283.15 318.95 319.61 320.49

39.68 Oilseed, Sunflowerseed 35.98 42.75 40.33 38.84 40.53

447.65 Total 475.83 505.98 536.74 527.17 531.02

none

Imports none

0.08 Oilseed, Copra 0.04 0.09 0.09 0.09 0.09

1.10 Oilseed, Cottonseed 0.91 0.78 0.64 0.67 0.63

0.03 Oilseed, Palm Kernel 0.06 0.06 0.05 0.06 0.06

2.36 Oilseed, Peanut 2.35 2.38 2.50 2.46 2.53

13.18 Oilseed, Rapeseed 12.66 15.23 14.04 12.45 12.96

93.47 Oilseed, Soybean 95.93 111.28 120.20 123.22 123.92

1.64 Oilseed, Sunflowerseed 1.31 1.49 1.38 1.18 1.17

111.86 Total 113.25 131.31 138.88 140.12 141.34

none

Exports none

0.11 Oilseed, Copra 0.07 0.11 0.09 0.09 0.09

1.15 Oilseed, Cottonseed 0.92 0.83 0.63 0.63 0.64

0.04 Oilseed, Palm Kernel 0.04 0.04 0.03 0.03 0.03

2.98 Oilseed, Peanut 2.65 2.89 3.13 2.91 2.89

12.92 Oilseed, Rapeseed 12.45 14.96 14.56 12.28 12.68

92.19 Oilseed, Soybean 100.81 112.57 126.05 126.48 126.77

1.92 Oilseed, Sunflowerseed 1.44 1.95 1.88 1.34 1.32

111.30 Total 118.39 133.34 146.36 143.76 144.42

none

Crush none

5.53 Oilseed, Copra 5.87 5.42 5.40 5.47 5.47

34.46 Oilseed, Cottonseed 34.44 34.25 33.92 31.82 31.52

13.73 Oilseed, Palm Kernel 14.75 15.67 16.25 17.07 17.04

16.65 Oilseed, Peanut 17.41 17.66 17.58 17.42 17.42

60.62 Oilseed, Rapeseed 62.45 66.80 68.18 65.28 66.09

228.37 Oilseed, Soybean 230.17 241.08 260.54 271.79 272.39

35.72 Oilseed, Sunflowerseed 31.96 38.37 36.62 36.01 37.17

395.07 Total 397.04 419.25 438.48 444.86 447.11

none

Ending Stocks none

0.29 Oilseed, Copra 0.13 0.08 0.08 0.08 0.08

1.89 Oilseed, Cottonseed 1.55 2.03 1.60 1.02 0.98

0.28 Oilseed, Palm Kernel 0.29 0.28 0.24 0.22 0.22

1.65 Oilseed, Peanut 2.24 2.54 2.06 2.90 2.84

6.58 Oilseed, Rapeseed 5.03 7.70 7.54 4.14 4.96

53.91 Oilseed, Soybean 56.17 62.77 77.97 84.98 85.14

2.36 Oilseed, Sunflowerseed 2.66 2.83 2.41 1.54 2.06

66.96 Total 68.07 78.23 91.90 94.88 96.27

Totals may not add due to rounding

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

1.83 Meal, Copra 1.94 1.81 1.79 1.81 1.81

15.73 Meal, Cottonseed 15.67 15.63 15.47 14.51 14.42

4.18 Meal, Fish 4.37 4.14 4.29 4.25 4.25

7.27 Meal, Palm Kernel 7.81 8.33 8.63 9.08 9.07

6.46 Meal, Peanut 6.75 6.87 6.84 6.80 6.80

35.72 Meal, Rapeseed 36.92 39.44 40.21 38.48 38.93

180.48 Meal, Soybean 181.29 189.37 205.68 214.22 214.63

15.67 Meal, Sunflowerseed 14.01 16.77 16.02 15.83 16.23

267.33 Total 268.75 282.35 298.94 304.97 306.13

none

Imports none

0.79 Meal, Copra 0.85 0.51 0.61 0.65 0.65

0.42 Meal, Cottonseed 0.40 0.35 0.34 0.35 0.35

2.92 Meal, Fish 2.36 2.62 2.39 2.48 2.43

5.00 Meal, Palm Kernel 5.35 5.42 5.41 5.66 5.66

0.05 Meal, Peanut 0.03 0.08 0.02 0.05 0.05

5.14 Meal, Rapeseed 5.18 5.92 5.70 5.74 5.64

56.98 Meal, Soybean 53.83 57.86 61.18 64.14 63.98

6.10 Meal, Sunflowerseed 4.72 5.56 5.51 5.70 5.71

77.39 Total 72.71 78.32 81.15 84.77 84.48

none

Exports none

0.79 Meal, Copra 1.09 0.72 0.76 0.74 0.74

0.57 Meal, Cottonseed 0.54 0.38 0.32 0.33 0.30

2.59 Meal, Fish 2.13 2.18 2.21 2.16 2.16

5.85 Meal, Palm Kernel 6.11 6.38 6.51 6.76 6.71

0.07 Meal, Peanut 0.07 0.07 0.06 0.07 0.07

5.48 Meal, Rapeseed 5.46 6.07 5.73 5.77 5.83

58.27 Meal, Soybean 57.91 60.03 63.27 66.23 65.84

6.76 Meal, Sunflowerseed 5.10 6.21 6.02 6.08 6.45

80.37 Total 78.40 82.04 84.89 88.15 88.10

none

Domestic Consumption none

1.75 Meal, Copra 1.79 1.61 1.68 1.74 1.74

15.52 Meal, Cottonseed 15.53 15.63 15.48 14.55 14.52

4.92 Meal, Fish 4.49 4.66 4.51 4.62 4.57

6.55 Meal, Palm Kernel 7.00 7.16 7.49 7.85 7.93

6.47 Meal, Peanut 6.73 6.87 6.79 6.78 6.78

35.35 Meal, Rapeseed 36.82 39.25 40.07 38.57 38.77

177.94 Meal, Soybean 177.49 186.31 201.77 212.70 213.17

14.54 Meal, Sunflowerseed 14.40 15.63 15.62 15.63 15.67

263.02 Total 264.24 277.12 293.41 302.45 303.16

none

Ending Stocks none

0.21 Meal, Copra 0.12 0.10 0.07 0.05 0.05

0.22 Meal, Cottonseed 0.21 0.18 0.19 0.16 0.13

0.20 Meal, Fish 0.31 0.22 0.19 0.14 0.14

0.33 Meal, Palm Kernel 0.38 0.59 0.62 0.50 0.71

0.04 Meal, Peanut 0.03 0.04 0.04 0.04 0.04

0.56 Meal, Rapeseed 0.39 0.43 0.53 0.42 0.50

9.69 Meal, Soybean 9.40 10.29 12.12 11.08 11.72

1.13 Meal, Sunflowerseed 0.36 0.85 0.73 0.38 0.55

12.37 Total 11.19 12.70 14.48 12.77 13.83

Totals may not add due to rounding

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

3.43 Oil, Coconut 3.65 3.38 3.35 3.39 3.39

5.24 Oil, Cottonseed 5.22 5.17 5.14 4.81 4.77

3.46 Oil, Olive 2.45 3.09 2.37 2.81 2.76

52.58 Oil, Palm 56.42 59.39 61.46 65.17 65.20

6.17 Oil, Palm Kernel 6.56 6.97 7.21 7.55 7.54

5.30 Oil, Peanut 5.51 5.61 5.58 5.54 5.55

24.12 Oil, Rapeseed 24.86 26.51 27.13 25.97 26.24

42.74 Oil, Soybean 43.09 44.98 48.57 50.70 50.80

14.74 Oil, Sunflowerseed 13.25 15.94 15.22 14.96 15.43

157.78 Total 161.01 171.03 176.01 180.91 181.66

none

Imports none

1.82 Oil, Coconut 1.87 1.68 1.71 1.70 1.70

0.08 Oil, Cottonseed 0.08 0.06 0.07 0.05 0.05

0.63 Oil, Olive 0.65 0.58 0.78 0.64 0.64

38.84 Oil, Palm 41.82 41.82 44.49 46.11 46.16

2.52 Oil, Palm Kernel 2.75 2.35 2.56 2.55 2.55

0.16 Oil, Peanut 0.15 0.18 0.22 0.20 0.20

4.01 Oil, Rapeseed 3.87 3.77 3.86 3.82 3.86

7.96 Oil, Soybean 8.49 9.35 10.10 10.25 10.37

5.69 Oil, Sunflowerseed 4.96 6.68 6.13 6.10 6.26

61.71 Total 64.64 66.47 69.92 71.42 71.79

none

Exports none

1.86 Oil, Coconut 1.91 1.73 1.78 1.76 1.76

0.17 Oil, Cottonseed 0.16 0.14 0.12 0.11 0.11

0.87 Oil, Olive 0.87 0.85 0.97 0.82 0.78

39.84 Oil, Palm 43.20 43.28 45.90 47.02 47.22

2.84 Oil, Palm Kernel 3.25 2.85 3.13 3.13 3.13

0.18 Oil, Peanut 0.17 0.20 0.23 0.20 0.20

3.97 Oil, Rapeseed 3.94 3.82 3.99 3.83 3.91

8.47 Oil, Soybean 9.36 9.39 10.84 11.02 11.08

6.47 Oil, Sunflowerseed 5.48 7.75 7.37 7.09 7.40

64.67 Total 68.34 70.01 74.34 74.97 75.59

none

Domestic Consumption none

3.54 Oil, Coconut 3.75 3.41 3.38 3.42 3.42

5.15 Oil, Cottonseed 5.23 5.08 5.09 4.83 4.78

3.08 Oil, Olive 2.65 2.80 2.55 2.61 2.60

50.47 Oil, Palm 55.15 57.84 58.80 63.80 63.53

5.73 Oil, Palm Kernel 6.14 6.48 6.72 7.06 7.05

5.33 Oil, Peanut 5.51 5.61 5.57 5.54 5.54

23.63 Oil, Rapeseed 23.66 25.52 26.70 26.82 26.78

42.19 Oil, Soybean 42.60 45.28 47.81 49.98 50.00

12.98 Oil, Sunflowerseed 13.22 14.52 14.55 14.35 14.47

152.10 Total 157.90 166.54 171.16 178.40 178.17

none

Ending Stocks none

0.60 Oil, Coconut 0.47 0.38 0.27 0.19 0.19

0.26 Oil, Cottonseed 0.18 0.20 0.20 0.14 0.14

0.91 Oil, Olive 0.49 0.52 0.15 0.14 0.16

7.51 Oil, Palm 7.39 7.48 8.73 9.46 9.34

0.91 Oil, Palm Kernel 0.83 0.82 0.72 0.58 0.64

0.08 Oil, Peanut 0.06 0.04 0.04 0.04 0.04

1.80 Oil, Rapeseed 2.93 3.86 4.17 2.66 3.58

4.13 Oil, Soybean 3.75 3.41 3.43 3.46 3.52

2.12 Oil, Sunflowerseed 1.63 1.98 1.41 1.03 1.22

18.32 Total 17.74 18.69 19.12 17.69 18.82

Totals may not add due to rounding

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

92.44 United States 93.32 99.02 116.03 116.07 115.27

70.02 Brazil 84.55 90.01 99.18 99.61 102.81

44.82 Argentina 53.68 56.92 65.52 61.01 61.71

59.60 China 59.79 58.89 57.56 54.79 54.52

37.11 India 37.52 36.80 33.86 36.81 36.31

143.67 Other 146.97 164.36 164.60 158.89 160.41

447.65 Total 475.83 505.98 536.74 527.17 531.02

Imports none

62.29 China 63.52 75.60 81.78 82.45 83.08

16.89 European Union 17.02 17.66 16.98 16.76 16.89

5.39 Mexico 5.08 5.58 5.84 5.84 5.84

5.34 Japan 5.54 5.49 5.62 5.52 5.57

2.03 Turkey 2.02 2.40 3.05 2.94 3.14

2.15 Indonesia 2.14 2.55 2.39 2.65 2.65

2.29 Taiwan 2.29 2.34 2.39 2.39 2.39

1.99 Thailand 1.96 1.88 2.32 2.19 2.34

0.90 Russia 0.83 2.11 2.17 2.08 2.18

1.73 Egypt 1.80 1.74 2.05 2.02 2.12

10.86 Other 11.04 13.95 14.30 15.28 15.14

111.86 Total 113.25 131.31 138.88 140.12 141.34

Exports none

36.35 Brazil 42.02 46.99 51.25 54.63 56.58

37.81 United States 37.16 45.55 51.14 47.97 46.58

11.66 Canada 10.63 12.69 13.10 11.27 11.70

8.10 Argentina 8.41 8.49 10.45 10.59 10.58

3.61 Paraguay 5.54 4.82 4.39 4.62 4.62

2.83 Ukraine 2.72 3.57 4.47 3.80 3.45

2.61 Uruguay 3.53 3.19 3.23 3.23 3.23

8.34 Other 8.39 8.04 8.34 7.66 7.69

111.30 Total 118.39 133.34 146.36 143.76 144.42

Crush none

96.29 China 102.64 107.63 112.03 115.37 115.33

50.32 United States 50.25 51.46 55.19 54.98 55.48

41.06 European Union 42.07 45.36 46.90 45.35 45.75

39.95 Argentina 36.25 38.77 43.33 44.64 44.89

41.02 Brazil 37.51 39.73 42.02 41.77 41.97

28.59 India 29.30 28.60 26.35 28.60 28.20

11.86 Russia 11.01 13.85 13.75 14.05 14.20

10.36 Ukraine 9.21 12.16 11.32 11.15 12.05

8.35 Indonesia 8.99 9.66 10.29 10.80 10.80

8.41 Canada 8.27 8.52 9.06 8.70 8.90

5.86 Mexico 5.70 6.08 6.50 6.52 6.52

5.60 Pakistan 5.30 5.58 6.23 6.46 6.26

4.99 Malaysia 5.34 5.53 5.54 5.72 5.72

4.35 Japan 4.38 4.40 4.60 4.45 4.50

1.07 Paraguay 3.17 3.47 3.79 4.24 4.24

37.01 Other 37.67 38.46 41.62 42.07 42.31

395.07 Total 397.04 419.25 438.48 444.86 447.11

Ending Stocks none

16.64 Argentina 22.42 27.34 33.78 34.97 34.62

13.22 Brazil 15.41 16.01 18.77 18.19 19.78

17.05 China 13.17 15.56 18.92 16.92 17.22

5.61 United States 5.76 3.95 6.78 14.05 13.54

4.95 European Union 3.71 3.33 3.80 2.24 2.32

9.49 Other 7.60 12.04 9.86 8.51 8.79

66.96 Total 68.07 78.23 91.90 94.88 96.27

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

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

66.95 China 71.34 75.20 79.01 82.21 82.24

39.51 United States 38.69 39.39 43.47 42.70 42.99

29.74 Argentina 27.26 29.09 32.28 33.63 33.70

30.90 Brazil 28.38 29.89 31.76 31.65 31.75

26.28 European Union 27.21 29.13 30.15 29.38 29.66

73.97 Other 75.87 79.65 82.27 85.39 85.79

267.33 Total 268.75 282.35 298.94 304.97 306.13

Imports none

28.20 European Union 23.38 24.66 25.82 26.62 26.57

2.52 Vietnam 3.36 3.59 4.53 4.96 4.96

3.53 Indonesia 3.62 4.23 4.43 4.96 4.96

3.03 United States 3.39 3.80 3.90 3.77 3.72

3.38 Korea, South 3.54 3.68 3.51 3.58 3.58

3.36 Thailand 3.26 3.14 3.52 3.55 3.55

1.53 New Zealand 1.73 2.26 2.45 2.67 2.67

31.84 Other 30.43 32.97 33.00 34.67 34.47

77.39 Total 72.71 78.32 81.15 84.77 84.48

Exports none

26.93 Argentina 24.03 25.38 28.59 30.70 30.77

14.68 Brazil 13.24 13.95 14.39 15.20 15.20

9.17 United States 10.46 10.77 12.24 10.84 10.84

3.86 Ukraine 3.07 3.81 3.90 4.11 4.37

3.68 Indonesia 3.80 3.93 4.06 4.34 4.29

3.52 Canada 3.60 3.67 3.85 3.79 3.87

0.55 Paraguay 2.15 2.51 2.55 2.98 2.98

17.99 Other 18.06 18.03 15.31 16.19 15.78

80.37 Total 78.40 82.04 84.89 88.15 88.10

Domestic Consumption none

67.89 China 70.89 74.54 78.37 81.69 81.76

52.64 European Union 50.39 52.42 54.61 55.01 55.11

33.41 United States 31.65 32.43 35.09 35.63 35.88

15.49 Brazil 15.27 16.00 16.43 16.45 16.55

11.48 India 11.99 12.70 13.22 13.80 13.72

5.82 Mexico 5.61 5.95 6.32 6.48 6.48

3.67 Vietnam 4.14 4.59 5.54 6.11 6.11

3.91 Indonesia 4.33 4.91 5.43 5.97 6.02

4.37 Russia 4.36 4.85 5.30 5.57 5.73

5.21 Thailand 5.17 5.00 5.32 5.44 5.57

59.15 Other 60.46 63.73 67.79 70.31 70.25

263.02 Total 264.24 277.12 293.41 302.45 303.16

SME none

65.06 China 67.93 71.31 75.21 78.82 78.86

47.19 European Union 44.74 46.84 48.91 49.56 49.63

32.36 United States 30.46 31.15 33.76 34.36 34.60

15.23 Brazil 15.07 15.75 16.21 16.26 16.34

10.05 India 10.51 11.19 11.71 12.25 12.17

5.44 Mexico 5.26 5.62 5.98 6.15 6.15

3.47 Vietnam 3.89 4.37 5.29 5.85 5.85

68.08 Other 69.34 73.15 78.06 81.32 81.55

246.88 Total 247.21 259.38 275.14 284.57 285.15

Ending Stocks none

2.94 Argentina 3.45 4.14 4.61 3.69 4.09

3.20 Brazil 3.10 3.07 4.04 3.68 4.06

0.46 Indonesia 0.43 0.62 0.67 0.73 0.78

1.23 European Union 0.29 0.58 0.65 0.57 0.66

0.29 Malaysia 0.38 0.50 0.44 0.30 0.47

4.25 Other 3.55 3.78 4.08 3.81 3.78

12.37 Total 11.19 12.70 14.48 12.77 13.83

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

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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

Million Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

30.13 Indonesia 32.73 35.03 37.78 40.01 40.01

21.00 China 22.40 23.61 24.34 24.83 24.88

20.42 Malaysia 21.63 22.57 22.20 23.47 23.47

16.89 European Union 16.06 18.23 17.81 17.61 17.71

10.03 United States 10.23 10.42 11.00 11.09 11.23

8.48 Argentina 7.42 7.81 8.96 9.10 9.21

8.17 Brazil 7.55 7.97 8.42 8.38 8.41

42.67 Other 43.00 45.40 45.51 46.42 46.74

157.78 Total 161.01 171.03 176.01 180.91 181.66

Imports none

10.01 India 10.71 11.54 14.16 14.63 14.68

9.12 European Union 9.93 9.86 9.68 9.59 9.69

9.23 China 10.79 9.07 8.57 8.80 8.80

3.83 United States 3.80 4.02 4.17 4.23 4.28

2.26 Pakistan 2.30 2.87 2.80 2.98 3.03

2.31 Egypt 1.91 2.15 2.35 2.40 2.45

1.41 Bangladesh 1.43 1.71 1.86 1.98 1.98

1.11 Turkey 1.26 1.37 1.39 1.65 1.70

1.35 Iran 1.43 1.58 1.57 1.58 1.58

2.65 Malaysia 1.50 0.85 1.54 1.00 1.00

18.43 Other 19.58 21.46 21.84 22.58 22.61

61.71 Total 64.64 66.47 69.92 71.42 71.79

Exports none

20.73 Indonesia 22.64 23.94 26.90 27.20 27.40

18.98 Malaysia 19.99 18.75 18.87 19.53 19.53

4.65 Argentina 4.66 4.53 5.52 5.79 5.79

3.33 Ukraine 3.32 4.36 4.12 3.97 4.27

2.75 Canada 2.63 2.45 2.51 2.62 2.70

2.01 European Union 2.43 2.31 2.52 2.27 2.32

1.80 Russia 1.27 2.42 2.22 2.17 2.20

10.42 Other 11.40 11.26 11.70 11.42 11.38

64.67 Total 68.34 70.01 74.34 74.97 75.59

Domestic Consumption none

29.34 China 31.17 32.00 32.93 34.37 34.12

23.82 European Union 24.16 25.42 25.38 25.22 25.33

16.84 India 17.84 19.03 20.43 21.66 21.61

12.78 United States 13.03 13.51 13.83 14.04 14.15

8.92 Indonesia 9.90 11.21 10.12 12.20 11.90

6.63 Brazil 6.76 6.99 7.47 7.46 7.54

3.70 Malaysia 3.97 4.39 4.57 4.95 4.95

3.48 Pakistan 3.60 3.93 4.21 4.44 4.43

3.20 Russia 3.34 3.40 3.47 3.59 3.59

3.60 Argentina 2.92 3.44 3.39 3.39 3.41

2.46 Egypt 2.45 2.43 2.58 2.59 2.65

2.30 Mexico 2.36 2.38 2.59 2.60 2.60

1.99 Thailand 2.14 2.32 2.33 2.49 2.53

1.83 Turkey 1.90 2.07 2.30 2.49 2.47

2.16 Japan 2.19 2.22 2.26 2.27 2.28

29.06 Other 30.18 31.81 33.32 34.66 34.63

152.10 Total 157.90 166.54 171.16 178.40 178.17

Ending Stocks none

1.88 Indonesia 2.13 2.07 2.86 3.80 3.60

1.69 China 3.62 4.18 4.03 2.49 3.48

2.93 Malaysia 2.11 2.39 2.70 2.47 2.70

1.44 India 1.54 1.22 1.49 1.61 1.56

1.54 United States 1.16 0.98 1.13 1.20 1.31

8.83 Other 7.18 7.85 6.91 6.12 6.17

18.32 Total 17.74 18.69 19.12 17.69 18.82

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

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

84,291 United States 82,791 91,389 106,878 107,101 105,806

66,500 Brazil 82,000 86,700 96,200 97,000 100,000

40,100 Argentina 49,300 53,500 60,800 57,000 57,000

14,485 China 13,050 12,200 12,350 11,500 11,500

11,700 India 12,200 9,500 9,000 11,500 11,000

4,043 Paraguay 8,202 8,190 8,100 8,800 8,800

4,467 Canada 5,086 5,359 6,049 5,950 5,950

14,841 Other 16,195 16,307 19,570 20,761 20,436

240,427 Total 268,824 283,145 318,947 319,612 320,492

Imports none

59,231 China 59,865 70,364 77,000 79,000 79,000

12,070 European Union 12,538 12,985 13,550 13,500 13,600

3,606 Mexico 3,409 3,842 4,025 4,050 4,050

2,759 Japan 2,830 2,894 2,950 2,850 2,900

2,285 Taiwan 2,286 2,335 2,380 2,380 2,380

1,922 Indonesia 1,795 2,241 2,075 2,300 2,300

1,057 Turkey 1,249 1,608 2,100 2,100 2,300

1,907 Thailand 1,867 1,798 2,225 2,100 2,250

1,649 Egypt 1,730 1,694 1,980 1,950 2,050

741 Russia 691 1,931 1,950 1,900 2,000

6,242 Other 7,666 9,592 9,961 11,086 11,086

93,469 Total 95,926 111,284 120,196 123,216 123,916

Exports none

36,257 Brazil 41,904 46,829 51,112 54,500 56,450

37,186 United States 36,129 44,574 50,169 46,947 45,586

7,368 Argentina 7,738 7,842 9,600 9,750 9,750

3,574 Paraguay 5,518 4,800 4,375 4,600 4,600

2,933 Canada 3,470 3,470 3,850 3,825 3,850

4,869 Other 6,053 5,056 6,945 6,858 6,533

92,187 Total 100,812 112,571 126,051 126,480 126,769

Crush none

60,970 China 64,950 68,850 74,200 79,500 79,500

46,348 United States 45,967 47,192 51,029 50,893 51,165

35,886 Argentina 33,611 36,173 40,000 41,500 41,500

38,083 Brazil 35,235 36,861 39,500 39,550 39,550

12,414 European Union 13,162 13,436 14,000 14,500 14,700

9,650 India 9,900 8,300 7,100 9,100 8,700

3,675 Mexico 3,650 4,030 4,275 4,350 4,350

900 Paraguay 2,950 3,350 3,650 4,100 4,100

2,300 Russia 2,400 3,300 3,850 3,950 4,100

2,000 Bolivia 2,175 2,250 2,300 2,420 2,450

1,620 Egypt 1,710 1,680 1,950 1,950 2,050

1,960 Japan 1,915 1,969 2,120 1,970 2,020

2,020 Taiwan 1,920 1,925 1,970 2,000 2,000

1,750 Thailand 1,500 1,500 1,750 1,700 1,825

1,411 Canada 1,550 1,537 1,700 1,700 1,700

7,386 Other 7,572 8,728 11,145 12,605 12,680

228,373 Total 230,167 241,081 260,539 271,788 272,390

Ending Stocks none

15,949 Argentina 20,962 26,050 32,250 33,427 32,902

13,024 Brazil 15,330 15,945 18,708 18,150 19,738

15,909 China 12,378 14,427 17,552 16,152 16,152

4,610 United States 3,825 2,504 5,210 12,258 11,556

800 India 1,135 606 458 833 583

3,613 Other 2,537 3,240 3,794 4,158 4,213

53,905 Total 56,167 62,772 77,972 84,978 85,144

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 March/February MY.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

48,288 China 51,440 54,531 58,770 62,960 62,960

37,217 United States 36,174 36,909 41,023 40,302 40,483

27,945 Argentina 26,089 27,892 30,790 32,180 32,180

29,510 Brazil 27,310 28,540 30,580 30,610 30,610

9,668 European Union 10,398 10,614 11,060 11,455 11,615

7,720 India 7,920 6,640 5,680 7,280 6,960

2,910 Mexico 2,890 3,185 3,380 3,435 3,435

17,219 Other 19,064 21,061 24,401 25,994 26,384

180,477 Total 181,285 189,372 205,684 214,216 214,627

Imports none

20,872 European Union 16,941 18,175 19,650 20,300 20,300

3,278 Indonesia 3,367 3,983 4,175 4,700 4,700

2,276 Vietnam 2,980 3,342 4,200 4,600 4,600

2,928 Thailand 2,874 2,665 3,000 3,050 3,050

1,833 Philippines 1,969 2,337 2,200 2,650 2,400

2,192 Iran 2,099 2,683 2,150 2,100 2,100

2,282 Japan 1,765 1,976 1,700 1,850 1,850

1,548 Mexico 1,295 1,510 1,690 1,850 1,850

1,571 Korea, South 1,654 1,825 1,735 1,700 1,700

892 Algeria 1,333 1,383 1,425 1,525 1,525

17,306 Other 17,551 17,978 19,254 19,812 19,907

56,978 Total 53,828 57,857 61,179 64,137 63,982

Exports none

26,043 Argentina 23,667 24,972 28,000 30,200 30,200

14,678 Brazil 13,242 13,948 14,390 15,200 15,200

8,845 United States 10,111 10,474 11,975 10,569 10,569

523 Paraguay 2,149 2,504 2,550 2,980 2,980

4,391 India 4,354 2,742 1,100 2,025 1,700

3,794 Other 4,383 5,387 5,256 5,259 5,194

58,274 Total 57,906 60,027 63,271 66,233 65,843

Domestic Consumption none

47,435 China 50,091 52,534 57,130 61,380 61,380

29,670 European Union 27,122 28,442 30,242 31,392 31,492

28,614 United States 26,308 26,804 29,302 30,028 30,209

14,100 Brazil 14,200 14,650 15,250 15,400 15,400

3,300 Vietnam 3,700 4,200 5,100 5,650 5,650

3,280 India 3,490 4,050 4,685 5,255 5,220

4,370 Mexico 4,250 4,675 5,010 5,200 5,200

3,218 Indonesia 3,430 3,900 4,225 4,700 4,650

4,153 Thailand 4,152 3,980 4,280 4,380 4,510

2,350 Russia 2,400 2,600 2,880 3,225 3,380

3,840 Japan 3,332 3,376 3,326 3,330 3,358

2,500 Iran 2,460 2,948 3,050 3,120 3,120

2,100 Egypt 2,220 2,400 2,600 2,700 2,780

1,450 Argentina 1,850 2,100 2,300 2,500 2,500

1,950 Philippines 2,050 2,200 2,350 2,800 2,500

25,614 Other 26,439 27,448 30,036 31,644 31,821

177,944 Total 177,494 186,307 201,766 212,704 213,170

Ending Stocks none

3,198 Brazil 3,098 3,065 4,025 3,675 4,055

2,681 Argentina 3,253 4,073 4,563 3,620 4,043

390 Indonesia 323 406 356 406 406

439 European Union 120 170 278 281 301

272 United States 249 227 272 272 272

2,705 Other 2,355 2,352 2,625 2,829 2,638

9,685 Total 9,398 10,293 12,119 11,083 11,715

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 is on a March/February MY. Vietnam and the Philippines are on a January/December

MY and Bolivia is on a March/February MY.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

10,914 China 11,626 12,335 13,280 14,230 14,230

8,954 United States 8,990 9,131 9,720 9,804 9,859

6,839 Argentina 6,364 6,785 7,630 7,860 7,860

7,310 Brazil 6,760 7,070 7,580 7,590 7,590

2,359 European Union 2,501 2,553 2,660 2,755 2,795

1,708 India 1,752 1,478 1,255 1,630 1,540

172 Paraguay 564 640 697 783 783

4,485 Other 4,537 4,991 5,747 6,045 6,139

42,741 Total 43,094 44,983 48,569 50,697 50,796

Imports none

1,174 India 1,086 1,830 2,650 2,800 2,850

1,502 China 1,409 1,353 900 950 950

438 Algeria 575 625 580 640 640

420 Bangladesh 397 442 498 520 520

367 Morocco 364 446 450 460 460

411 Iran 543 551 450 450 450

415 Venezuela 374 403 425 430 430

0 Egypt 324 213 450 400 400

344 Peru 363 355 370 380 380

257 Colombia 216 288 320 330 330

2,630 Other 2,842 2,844 3,009 2,885 2,957

7,958 Total 8,493 9,350 10,102 10,245 10,367

Exports none

3,794 Argentina 4,244 4,087 4,925 5,200 5,200

1,885 Brazil 1,251 1,378 1,520 1,390 1,390

742 European Union 1,011 771 1,000 900 950

664 United States 982 851 930 907 907

127 Paraguay 558 650 660 735 735

142 Russia 129 332 420 420 445

224 Bolivia 288 315 320 320 320

887 Other 897 1,003 1,067 1,146 1,131

8,465 Total 9,360 9,387 10,842 11,018 11,078

Domestic Consumption none

12,044 China 12,545 13,657 14,193 15,237 15,237

8,306 United States 8,476 8,599 8,709 8,891 8,868

5,390 Brazil 5,534 5,705 6,205 6,230 6,275

2,750 India 2,950 3,300 3,900 4,450 4,400

3,020 Argentina 2,275 2,729 2,651 2,660 2,660

2,109 European Union 1,908 1,970 2,000 2,070 2,000

845 Mexico 860 890 1,001 1,010 1,010

625 Iran 630 635 665 695 695

440 Egypt 582 497 727 662 687

440 Bangladesh 470 530 610 675 675

490 Algeria 540 600 610 640 640

434 Venezuela 439 449 469 484 484

372 Morocco 374 440 450 460 460

445 Korea, South 445 440 445 460 455

272 Colombia 283 340 390 415 415

4,211 Other 4,289 4,503 4,786 4,939 5,040

42,193 Total 42,600 45,284 47,811 49,978 50,001

Ending Stocks none

1,152 United States 773 529 735 807 921

615 China 1,021 958 845 708 708

320 Argentina 258 236 315 225 330

298 European Union 202 339 259 296 254

360 India 248 255 260 300 250

1,380 Other 1,250 1,097 1,018 1,122 1,053

4,125 Total 3,752 3,414 3,432 3,458 3,516

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

January/December MY and Paraguay and Bolivia are on a March/February MY.

Foreign Agricultural Service/USDA October 2015Office 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

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Exports

North America 10,734 12,245 10,849 947 1,044 1,021 48,044 54,019 49,436

Canada (Aug-Jul) 241 250 260 92 110 110 3,470 3,850 3,850

United States (Sep-Aug) 10,474 11,975 10,569 851 930 907 44,574 50,169 45,586

South America 42,954 46,440 49,930 6,432 7,427 7,647 62,711 68,596 74,359

Argentina (Oct-Sep) 24,972 28,000 30,200 4,087 4,925 5,200 7,842 9,600 9,750

Brazil (Oct-Sep) 13,948 14,390 15,200 1,378 1,520 1,390 46,829 51,112 56,450

Paraguay (Mar-Feb) 2,504 2,550 2,980 650 660 735 4,800 4,375 4,600

South Asia 2,748 1,107 1,707 1 0 0 183 250 300

India (Oct-Sep) 2,742 1,100 1,700 1 0 0 183 250 300

Other 3,591 3,479 3,357 2,007 2,371 2,410 1,633 3,186 2,674

World Total 60,027 63,271 65,843 9,387 10,842 11,078 112,571 126,051 126,769

Imports

European Union (Oct-Sep) 18,175 19,650 20,300 325 260 150 12,985 13,550 13,600

East Asia 3,884 3,595 3,655 1,772 1,312 1,405 76,866 83,545 85,605

China (Oct-Sep) 20 60 20 1,353 900 950 70,364 77,000 79,000

Japan (Oct-Sep) 1,976 1,700 1,850 16 7 15 2,894 2,950 2,900

Korea, South (Oct-Sep) 1,825 1,735 1,700 278 270 300 1,271 1,200 1,300

Taiwan (Oct-Sep) 22 50 35 3 0 0 2,335 2,380 2,380

Southeast Asia 13,743 15,046 16,272 299 311 320 6,150 6,560 6,920

Indonesia (Oct-Sep) 3,983 4,175 4,700 25 25 25 2,241 2,075 2,300

Malaysia (Oct-Sep) 1,397 1,450 1,500 113 120 125 554 610 620

Philippines (Jan-Dec) 2,337 2,200 2,400 41 42 43 122 130 130

Thailand (Sep-Aug) 2,665 3,000 3,050 6 5 2 1,798 2,225 2,250

Vietnam (Jan-Dec) 3,342 4,200 4,600 80 85 90 1,415 1,500 1,600

North America 2,839 2,964 3,195 307 408 385 6,134 5,269 5,216

Canada (Aug-Jul) 982 975 1,050 31 33 33 340 340 350

Mexico (Sep-Aug) 1,510 1,690 1,850 201 250 250 3,842 4,025 4,050

South America 4,651 5,055 5,220 1,293 1,410 1,431 1,614 1,549 1,649

Brazil (Oct-Sep) 25 20 20 0 11 10 605 275 250

Colombia (Oct-Sep) 1,036 1,150 1,200 288 320 330 436 575 600

Central America 948 1,017 1,042 165 176 187 269 315 343

Caribbean 837 1,080 1,128 286 307 314 148 155 165

Middle East 5,295 4,787 4,900 636 544 555 2,257 3,425 3,845

Iran (Oct-Sep) 2,683 2,150 2,100 551 450 450 301 950 1,150

Israel (Oct-Sep) 129 140 145 11 15 13 319 325 345

Syria (May-Apr) 251 250 250 1 2 2 29 50 50

Turkey (Oct-Sep) 744 530 600 8 0 0 1,608 2,100 2,300

North Africa 3,245 3,305 3,517 1,404 1,605 1,625 1,828 2,130 2,200

Egypt (Oct-Sep) 1,116 1,050 1,150 213 450 400 1,694 1,980 2,050

Other 4,240 4,680 4,753 2,863 3,769 3,995 3,033 3,698 4,373

World Total 57,857 61,179 63,982 9,350 10,102 10,367 111,284 120,196 123,916

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

Production none

26,200 Indonesia 28,500 30,500 33,000 35,000 35,000

18,202 Malaysia 19,321 20,161 19,800 21,000 21,000

1,892 Thailand 2,135 2,000 1,800 2,200 2,200

945 Colombia 974 1,041 1,110 1,100 1,130

970 Nigeria 970 970 970 970 970

4,373 Other 4,522 4,717 4,775 4,895 4,895

52,582 Total 56,422 59,389 61,455 65,165 65,195

Imports none

7,473 India 8,364 7,820 9,350 9,850 9,850

5,707 European Union 6,798 6,902 6,800 6,950 6,950

5,841 China 6,589 5,573 5,550 5,750 5,750

2,218 Pakistan 2,246 2,758 2,700 2,950 2,950

1,368 Egypt 969 1,153 1,550 1,550 1,600

984 Bangladesh 1,030 1,262 1,350 1,450 1,450

1,032 United States 1,293 1,220 1,122 1,250 1,250

854 Singapore 654 552 750 800 800

445 Turkey 576 565 550 800 800

470 Burma 583 581 680 750 750

12,452 Other 12,716 13,436 14,088 14,013 14,013

38,844 Total 41,818 41,822 44,490 46,113 46,163

Exports none

18,452 Indonesia 20,373 21,719 24,500 24,800 25,000

17,586 Malaysia 18,524 17,344 17,400 18,100 18,100

585 Papua New Guinea 564 539 575 560 560

253 Benin 430 600 450 440 440

248 Guatemala 346 411 405 400 400

2,720 Other 2,966 2,671 2,574 2,716 2,716

39,844 Total 43,203 43,284 45,904 47,016 47,216

Domestic Consumption none

7,485 India 8,250 8,384 9,200 9,950 9,950

7,129 Indonesia 7,852 8,900 7,620 9,520 9,220

5,523 European Union 6,560 6,790 6,700 6,800 6,850

5,841 China 6,389 5,669 5,580 5,750 5,750

2,150 Malaysia 2,451 2,868 3,060 3,370 3,370

2,115 Pakistan 2,285 2,490 2,690 2,945 2,945

1,525 Thailand 1,710 1,880 1,820 2,010 2,010

1,385 Nigeria 1,455 1,470 1,495 1,550 1,550

1,265 Egypt 1,120 1,140 1,460 1,470 1,510

1,030 Bangladesh 1,030 1,190 1,345 1,450 1,450

1,043 United States 1,238 1,207 1,115 1,227 1,227

890 Colombia 886 918 948 1,040 980

440 Turkey 510 550 520 790 790

665 Ghana 700 730 760 780 780

450 Burma 560 600 670 750 750

11,537 Other 12,155 13,056 13,812 14,400 14,400

50,473 Total 55,151 57,842 58,795 63,802 63,532

Ending Stocks none

1,445 Indonesia 1,758 1,666 2,546 3,526 3,326

2,481 Malaysia 1,784 2,091 2,381 2,261 2,411

669 India 921 528 858 958 958

240 China 439 341 310 210 310

170 Pakistan 91 309 269 224 224

2,503 Other 2,401 2,544 2,361 2,279 2,106

7,508 Total 7,394 7,479 8,725 9,458 9,335

Foreign Agricultural Service/USDA October 2015Office 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

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

China (Oct-Sep) 11,631 11,505 11,150 6,579 6,500 6,300 14,458 14,600 14,100

India (Oct-Sep) 3,720 3,250 3,600 2,400 2,100 2,320 7,300 6,310 7,150

Canada (Aug-Jul) 3,925 4,150 4,050 3,050 3,230 3,150 18,551 16,410 14,300

Japan (Oct-Sep) 1,353 1,360 1,360 1,054 1,075 1,075 2 2 2

European Union (Jul-Jun) 13,780 14,370 13,513 9,946 10,371 9,753 21,304 24,394 21,550

Other 5,026 5,576 5,256 3,479 3,854 3,640 10,473 10,204 9,126

World Total 39,435 40,211 38,929 26,508 27,130 26,238 72,088 71,920 66,228

Imports

China (Oct-Sep) 314 120 125 902 750 800 5,046 4,600 3,900

India (Oct-Sep) 0 0 0 160 325 200 0 0 0

Canada (Aug-Jul) 11 23 12 83 32 65 66 65 100

Japan (Oct-Sep) 76 15 75 10 17 12 2,378 2,450 2,450

European Union (Jul-Jun) 457 451 450 296 261 270 3,495 2,356 2,200

Other 5,065 5,088 4,979 2,318 2,478 2,513 4,240 4,565 4,307

World Total 5,923 5,697 5,641 3,769 3,863 3,860 15,225 14,036 12,957

Exports

China (Oct-Sep) 37 0 0 6 10 10 0 0 0

India (Oct-Sep) 1,327 850 1,100 3 3 3 1 0 0

Canada (Aug-Jul) 3,424 3,593 3,600 2,348 2,389 2,580 9,173 9,207 7,800

Japan (Oct-Sep) 2 2 0 2 1 1 0 0 0

European Union (Jul-Jun) 361 414 300 306 356 300 290 588 300

Other 921 875 828 1,151 1,226 1,016 5,499 4,760 4,580

World Total 6,072 5,734 5,828 3,816 3,985 3,910 14,963 14,555 12,680

Domestic Consumption

China (Oct-Sep) 11,908 11,625 11,275 6,750 7,250 7,500 19,100 18,900 18,300

India (Oct-Sep) 2,403 2,400 2,500 2,505 2,455 2,510 7,300 6,450 7,050

Canada (Aug-Jul) 515 520 515 645 683 706 7,024 7,954 7,512

Japan (Oct-Sep) 1,430 1,360 1,420 1,030 1,050 1,060 2,405 2,455 2,455

European Union (Jul-Jun) 13,750 14,400 13,650 9,915 10,075 9,875 24,936 25,960 24,450

Other 9,242 9,767 9,413 4,678 5,187 5,132 8,918 9,846 9,316

World Total 39,248 40,072 38,773 25,523 26,700 26,783 69,683 71,565 69,083

Ending Stocks

China (Oct-Sep) 0 0 0 2,882 2,872 2,462 1,036 1,336 1,036

India (Oct-Sep) 20 20 20 165 132 139 568 428 528

Canada (Aug-Jul) 98 158 105 211 401 330 3,008 2,322 1,410

Japan (Oct-Sep) 15 28 43 150 191 217 84 81 78

European Union (Jul-Jun) 215 222 235 131 332 180 2,075 2,277 1,277

Other 81 103 97 325 244 249 928 1,091 628

World Total 429 531 500 3,864 4,172 3,577 7,699 7,535 4,957

Foreign Agricultural Service/USDA October 2015Office 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

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

Argentina (Mar-Feb) 2,000 3,160 3,200 962 1,250 1,270 934 1,227 1,245

Russia (Sep-Aug) 10,554 8,929 9,400 3,466 3,215 3,330 3,851 3,570 3,690

Turkey (Sep-Aug) 1,400 1,200 1,000 753 647 535 845 725 595

Ukraine (Sep-Aug) 11,600 10,200 11,000 4,700 4,280 4,550 4,725 4,305 4,578

European Union (Oct-Sep) 9,052 8,930 7,900 4,130 4,100 3,915 3,190 3,165 3,000

Other 8,141 7,907 8,033 2,758 2,532 2,633 2,394 2,227 2,317

World Total 42,747 40,326 40,533 16,769 16,024 16,233 15,939 15,219 15,425

Imports

Argentina (Mar-Feb) 1 1 2 0 0 0 0 0 0

Russia (Sep-Aug) 35 60 30 6 0 0 12 10 10

Turkey (Sep-Aug) 581 485 400 757 780 850 776 820 880

Ukraine (Sep-Aug) 15 15 10 0 0 0 0 1 0

European Union (Oct-Sep) 319 250 230 3,364 3,300 3,400 1,039 900 1,000

Other 542 565 495 1,430 1,425 1,455 4,849 4,401 4,366

World Total 1,493 1,376 1,167 5,557 5,505 5,705 6,676 6,132 6,256

Exports

Argentina (Mar-Feb) 73 68 75 365 550 530 343 500 500

Russia (Sep-Aug) 125 65 50 1,729 1,400 1,500 1,753 1,450 1,500

Turkey (Sep-Aug) 33 28 20 0 7 0 584 620 600

Ukraine (Sep-Aug) 70 84 50 3,648 3,550 4,000 4,181 3,870 4,000

European Union (Oct-Sep) 713 600 400 173 265 180 372 400 300

Other 933 1,036 722 291 251 244 521 532 503

World Total 1,947 1,881 1,317 6,206 6,023 6,454 7,754 7,372 7,403

Domestic Consumption

Argentina (Mar-Feb) 2,251 2,948 3,004 730 730 740 700 733 740

Russia (Sep-Aug) 10,095 9,160 9,420 1,650 1,850 1,850 2,140 2,200 2,270

Turkey (Sep-Aug) 1,986 1,706 1,406 1,490 1,420 1,390 1,050 1,110 980

Ukraine (Sep-Aug) 11,350 10,350 11,000 650 720 700 540 470 510

European Union (Oct-Sep) 8,536 8,590 8,160 7,200 7,180 7,165 3,660 3,750 3,750

Other 7,906 7,482 7,747 3,911 3,722 3,822 6,425 6,287 6,221

World Total 42,124 40,236 40,737 15,631 15,622 15,667 14,515 14,550 14,471

Ending Stocks

Argentina (Mar-Feb) 675 820 943 64 34 34 406 400 405

Russia (Sep-Aug) 369 133 93 93 58 38 169 99 29

Turkey (Sep-Aug) 139 90 64 20 20 15 342 157 52

Ukraine (Sep-Aug) 402 183 143 402 412 262 64 30 98

European Union (Oct-Sep) 902 892 462 198 153 123 255 170 120

Other 338 292 351 68 52 74 744 553 512

World Total 2,825 2,410 2,056 845 729 546 1,980 1,409 1,216

Foreign Agricultural Service/USDA October 2015Office 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

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

China (Oct-Sep) 2,725 2,720 2,740 1,487 1,396 1,190 nr nr nr

India (Oct-Sep) 1,188 1,139 1,057 1,305 1,320 1,305 nr nr nr

Turkey (Nov-Oct) 4 7 7 130 180 155 140 170 145

United States (Aug-Jul) 95 97 115 286 277 240 5 5 5

European Union (Oct-Sep) 12 12 12 48 50 48 2,475 1,550 2,100

Other 1,582 1,604 1,614 1,912 1,912 1,832 468 641 505

World Total 5,606 5,579 5,545 5,168 5,135 4,770 3,088 2,366 2,755

Imports

China (Oct-Sep) 74 120 95 0 0 0 nr nr nr

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

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

United States (Aug-Jul) 25 14 14 14 9 9 311 318 324

European Union (Oct-Sep) 66 70 70 0 1 0 54 250 100

Other 18 17 17 50 56 44 219 216 217

World Total 183 221 196 64 66 53 584 784 641

Exports

China (Oct-Sep) 10 10 10 4 10 5 nr nr nr

India (Oct-Sep) 5 15 5 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 1 1 28 20 15

United States (Aug-Jul) 4 9 9 67 57 50 6 8 8

European Union (Oct-Sep) 3 3 3 1 1 1 675 580 600

Other 180 196 177 62 47 50 136 361 161

World Total 202 233 204 135 116 107 845 969 784

Domestic Consumption

China (Oct-Sep) 2,789 2,830 2,825 1,483 1,386 1,185 nr nr nr

India (Oct-Sep) 1,183 1,124 1,052 1,295 1,317 1,320 nr nr nr

Turkey (Nov-Oct) 4 7 7 135 175 165 100 140 145

United States (Aug-Jul) 116 102 120 233 229 208 310 315 321

European Union (Oct-Sep) 74 79 79 47 50 47 1,780 1,570 1,570

Other 1,448 1,423 1,454 1,882 1,930 1,859 609 529 561

World Total 5,614 5,565 5,537 5,075 5,087 4,784 2,799 2,554 2,597

Ending Stocks

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

India (Oct-Sep) 10 10 10 58 61 46 nr nr nr

Turkey (Nov-Oct) 0 0 0 7 11 6 21 31 16

United States (Aug-Jul) 9 9 9 45 45 36 0 0 0

European Union (Oct-Sep) 3 3 3 0 0 0 430 80 110

Other 14 16 16 89 80 47 70 37 37

World Total 36 38 38 199 197 135 521 148 163

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 20: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

334.46 29.3670.04447.9670.9642.54195.60 2002/03 328.61 49.31

338.21 29.2466.80451.5864.0649.31212.24 2003/04 338.48 46.30

383.82 30.6774.35502.8272.7046.30219.10 2004/05 368.83 59.64

394.07 31.8075.81529.0375.3259.64220.89 2005/06 386.81 66.41

405.70 31.7683.09552.7280.6166.41222.95 2006/07 394.51 75.13

391.52 31.7191.35556.6990.0575.13218.84 2007/08 402.15 63.20

399.60 33.6494.57556.7293.9263.20230.52 2008/09 404.16 57.99

447.23 34.74106.92606.96101.7457.99236.17 2009/10 424.58 75.46

461.04 36.22108.37640.31103.8175.46245.20 2010/11 446.13 85.81

447.65 36.52111.30645.33111.8685.81249.02 2011/12 467.07 66.96

475.83 36.78118.39656.04113.2566.96256.15 2012/13 469.58 68.07

505.98 37.37133.34705.36131.3168.07260.34 2013/14 493.79 78.23

536.74 38.20146.36753.85138.8878.23264.15 2014/15 515.59 91.90

531.02 38.94144.42764.27141.3491.90265.02 2015/16 523.58 96.27

Major Protein Meals

185.78 0.3254.01247.2953.567.94nr 2002/03 186.24 7.04

191.11 0.3359.04255.9557.817.04nr 2003/04 189.30 7.61

206.46 0.3461.20273.5759.497.61nr 2004/05 204.67 7.70

216.75 0.3566.27289.8665.417.70nr 2005/06 214.98 8.61

223.70 0.3568.98299.1866.888.61nr 2006/07 220.79 9.41

231.28 0.4172.14310.3869.699.41nr 2007/08 228.92 9.32

229.02 0.3969.38305.8667.529.32nr 2008/09 229.20 7.29

243.81 0.4172.22319.9068.817.29nr 2009/10 239.07 8.61

256.54 0.4277.24339.1273.988.61nr 2010/11 250.85 11.04

267.33 0.4480.37355.7777.3911.04nr 2011/12 263.02 12.37

268.75 0.4578.40353.8472.7112.37nr 2012/13 264.24 11.19

282.35 0.4682.04371.8578.3211.19nr 2013/14 277.12 12.70

298.94 0.4684.89392.7881.1512.70nr 2014/15 293.41 14.48

306.13 0.4288.10405.0984.4814.48nr 2015/16 303.16 13.83

Major Vegetable Oils

96.46 83.2136.59141.6234.8910.2811.42 2002/03 95.00 10.03

103.18 87.2140.01150.9137.6910.0312.08 2003/04 100.48 10.42

112.02 91.7643.91163.3540.9110.4212.73 2004/05 107.48 11.96

119.40 94.6948.65175.8844.5111.9613.61 2005/06 114.16 13.07

122.12 96.6650.44182.6747.4713.0714.19 2006/07 119.23 13.00

129.23 99.6254.52192.9050.6713.0014.72 2007/08 125.48 12.90

134.34 102.9756.76201.6954.4512.9015.57 2008/09 131.06 13.87

141.63 107.6258.89211.9156.4113.8716.32 2009/10 138.57 14.45

148.82 111.7060.56221.4658.1914.4517.05 2010/11 145.29 15.61

157.78 116.0864.67235.0961.7115.6117.63 2011/12 152.10 18.32

161.01 120.6868.34243.9864.6418.3218.29 2012/13 157.90 17.74

171.03 125.9270.01255.2366.4717.7419.06 2013/14 166.54 18.69

176.01 130.7674.34264.6269.9218.6919.70 2014/15 171.16 19.12

181.66 135.4075.59272.5771.7919.1220.29 2015/16 178.17 18.82

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA October 2015Office 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

196.95 165.0761.32295.0062.8835.1681.62 2002/03 191.12 42.55

186.79 163.5456.05283.3754.0442.5588.58 2003/04 188.92 38.41

215.91 175.2964.75317.8763.5638.4193.35 2004/05 204.45 48.67

220.86 185.9663.85333.6364.1048.6793.11 2005/06 215.81 53.97

236.30 195.5771.14359.1768.9153.9794.56 2006/07 225.02 63.01

219.01 202.2578.32360.4278.4063.0190.85 2007/08 229.48 52.62

212.08 193.6377.21342.1577.4552.6296.44 2008/09 221.79 43.15

260.56 209.6191.44390.5786.8643.15102.56 2009/10 238.48 60.65

264.35 221.2391.70413.7888.7860.65103.36 2010/11 251.26 70.82

240.43 228.3792.19404.7293.4770.82103.14 2011/12 258.63 53.91

268.82 230.17100.81418.6695.9353.91109.78 2012/13 261.68 56.17

283.15 241.08112.57450.60111.2856.17113.09 2013/14 275.25 62.77

318.95 260.54126.05501.92120.2062.77118.19 2014/15 297.89 77.97

320.49 272.39126.77522.38123.9277.97121.40 2015/16 310.47 85.14

Meal, Soybean

130.23 165.0743.04178.4842.415.84nr 2002/03 129.92 5.52

128.92 163.5546.08179.3644.925.52nr 2003/04 127.64 5.64

138.62 175.3047.70190.2846.025.64nr 2004/05 136.74 5.84

146.41 185.9752.25203.6851.435.84nr 2005/06 145.28 6.15

153.82 195.5954.70212.7852.816.15nr 2006/07 150.99 7.09

158.72 202.2956.06220.6754.867.09nr 2007/08 157.43 7.18

152.18 193.8252.84211.0451.697.18nr 2008/09 153.26 4.94

165.29 209.9455.61223.7153.484.94nr 2009/10 161.50 6.60

174.37 221.6758.55237.8756.916.60nr 2010/11 170.88 8.45

180.48 228.8758.27245.9056.988.45nr 2011/12 177.94 9.69

181.29 230.6957.91244.8053.839.69nr 2012/13 177.49 9.40

189.37 241.5760.03256.6357.869.40nr 2013/14 186.31 10.29

205.68 261.0863.27277.1661.1810.29nr 2014/15 201.77 12.12

214.63 272.9665.84290.7363.9812.12nr 2015/16 213.17 11.72

Oil, Soybean

30.58 165.078.8142.048.213.25nr 2002/03 30.11 3.12

30.24 163.548.7041.768.393.12nr 2003/04 30.30 2.75

32.57 175.299.0644.188.862.75nr 2004/05 31.83 3.29

34.86 185.969.7947.229.083.29nr 2005/06 33.54 3.90

36.43 195.5710.5350.309.973.90nr 2006/07 35.71 4.06

37.74 202.2710.8452.2010.404.06nr 2007/08 37.51 3.84

35.94 193.809.1848.959.173.84nr 2008/09 36.37 3.39

38.85 209.929.1650.968.723.39nr 2009/10 38.20 3.60

41.36 221.659.6454.469.513.60nr 2010/11 40.74 4.08

42.74 228.828.4754.787.964.08nr 2011/12 42.19 4.13

43.09 230.659.3655.718.494.13nr 2012/13 42.60 3.75

44.98 241.539.3958.099.353.75nr 2013/14 45.28 3.41

48.57 261.0410.8462.0910.103.41nr 2014/15 47.81 3.43

50.80 272.9211.0864.6010.373.43nr 2015/16 50.00 3.52

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

Foreign Agricultural Service/USDA October 2015Office 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

33.29 0.414.1340.164.022.8522.10 2002/03 33.83 2.20

39.48 0.425.5346.825.142.2025.49 2003/04 38.91 2.38

46.16 0.444.9153.545.002.3826.71 2004/05 43.35 5.29

48.60 0.456.9860.556.665.2927.29 2005/06 47.78 5.79

45.04 0.476.6357.826.995.7926.42 2006/07 46.12 5.06

48.64 0.488.1661.247.545.0628.31 2007/08 49.13 3.95

57.89 0.5012.1373.9612.113.9531.04 2008/09 54.53 7.30

61.03 0.5210.8479.0710.747.3031.46 2009/10 59.33 8.90

60.61 0.5410.8779.6110.108.9033.84 2010/11 60.38 8.36

61.61 0.6312.9283.1513.188.3634.13 2011/12 63.66 6.58

63.75 0.6612.4582.9812.666.5836.32 2012/13 65.50 5.03

72.09 0.7014.9692.3515.235.0336.38 2013/14 69.68 7.70

71.92 0.7014.5693.6614.047.7035.93 2014/15 71.57 7.54

66.23 0.7012.6886.7212.967.5434.86 2015/16 69.08 4.96

Meal, Rapeseed

18.82 0.001.6220.901.730.34nr 2002/03 18.96 0.32

21.76 0.002.4924.572.490.32nr 2003/04 21.59 0.49

24.23 0.002.2427.022.300.49nr 2004/05 24.43 0.35

26.50 0.002.5129.402.550.35nr 2005/06 26.30 0.60

25.72 0.002.9629.373.050.60nr 2006/07 26.12 0.29

27.62 0.003.6931.463.550.29nr 2007/08 27.48 0.30

30.70 0.003.5934.583.580.30nr 2008/09 30.74 0.25

33.41 0.003.6037.283.630.25nr 2009/10 33.23 0.45

34.05 0.005.1739.424.920.45nr 2010/11 33.73 0.53

35.72 0.005.4841.385.140.53nr 2011/12 35.35 0.56

36.92 0.005.4642.665.180.56nr 2012/13 36.82 0.39

39.44 0.006.0745.755.920.39nr 2013/14 39.25 0.43

40.21 0.005.7346.345.700.43nr 2014/15 40.07 0.53

38.93 0.005.8345.105.640.53nr 2015/16 38.77 0.50

Oil, Rapeseed

12.27 11.060.9113.880.890.72nr 2002/03 12.40 0.57

14.18 12.521.3316.111.360.57nr 2003/04 14.41 0.38

15.79 12.901.2917.371.200.38nr 2004/05 15.59 0.48

17.52 13.221.6519.471.470.48nr 2005/06 17.12 0.70

17.20 12.601.9920.102.200.70nr 2006/07 17.57 0.54

18.53 13.081.9021.092.030.54nr 2007/08 18.36 0.83

20.59 14.142.4423.872.440.83nr 2008/09 20.47 0.95

22.51 14.792.7426.392.920.95nr 2009/10 22.31 1.34

23.05 15.503.4227.723.331.34nr 2010/11 23.03 1.27

24.12 16.293.9729.404.011.27nr 2011/12 23.63 1.80

24.86 16.413.9430.533.871.80nr 2012/13 23.66 2.93

26.51 17.573.8233.203.772.93nr 2013/14 25.52 3.86

27.13 18.573.9934.863.863.86nr 2014/15 26.70 4.17

26.24 18.903.9134.273.864.17nr 2015/16 26.78 3.58

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 23: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

23.97 2.4823.231.551.371.9220.18 2002/03

26.90 3.2526.052.262.192.4823.01 2003/04

25.34 2.8625.651.231.143.2520.83 2004/05

30.26 3.4029.591.521.382.8622.79 2005/06

30.18 4.0529.401.911.773.4023.42 2006/07

27.38 3.7327.471.461.234.0521.01 2007/08

33.29 3.9832.772.141.863.7323.65 2008/09

31.78 2.7332.971.551.483.9822.91 2009/10

33.08 2.4633.141.781.572.7322.94 2010/11

39.68 2.3639.491.921.642.4624.84 2011/12

35.98 2.6635.561.441.312.3623.73 2012/13

42.75 2.8342.121.951.492.6624.38 2013/14

40.33 2.4140.241.881.382.8323.35 2014/15

40.53 2.0640.741.321.172.4123.27 2015/16

Meal, Sunflowerseed

9.01 0.179.072.312.200.33nr 2002/03

10.23 0.219.992.852.650.17nr 2003/04

9.98 0.229.752.762.550.21nr 2004/05

11.53 0.3311.173.543.280.22nr 2005/06

11.51 0.2611.413.473.290.33nr 2006/07

10.75 0.2810.223.282.770.26nr 2007/08

12.78 0.6112.154.273.960.28nr 2008/09

12.96 0.6412.314.113.490.61nr 2009/10

13.00 0.6612.244.593.860.64nr 2010/11

15.67 1.1314.546.766.100.66nr 2011/12

14.01 0.3614.405.104.721.13nr 2012/13

16.77 0.8515.636.215.560.36nr 2013/14

16.02 0.7315.626.025.510.85nr 2014/15

16.23 0.5515.676.455.710.73nr 2015/16

Oil, Sunflowerseed

8.14 0.737.752.311.990.66nr 2002/03

9.21 0.738.502.681.960.73nr 2003/04

9.16 0.958.532.582.170.73nr 2004/05

10.68 1.129.893.923.300.95nr 2005/06

10.74 0.9710.174.053.331.12nr 2006/07

10.19 1.039.353.522.750.97nr 2007/08

12.00 1.7610.814.544.081.03nr 2008/09

12.14 1.5211.644.503.751.76nr 2009/10

12.21 1.1411.764.533.711.52nr 2010/11

14.74 2.1212.986.475.691.14nr 2011/12

13.25 1.6313.225.484.962.12nr 2012/13

15.94 1.9814.527.756.681.63nr 2013/14

15.22 1.4114.557.376.131.98nr 2014/15

15.43 1.2214.477.406.261.41nr 2015/16

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

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 24: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

19.67 21.984.3820.4050.7627.763.33 2002/03 26.90 3.47

21.91 23.035.0922.6955.4830.113.47 2003/04 28.64 4.16

24.35 24.916.2725.9062.1333.634.16 2004/05 31.71 4.52

26.14 26.047.2328.0666.6736.014.52 2005/06 33.81 4.81

27.14 27.537.8428.5469.5237.584.81 2006/07 35.88 5.10

30.66 30.109.1432.6477.1841.425.10 2007/08 39.84 4.70

34.00 32.0210.0735.2283.1544.454.70 2008/09 42.73 5.21

35.41 34.0210.2936.3786.9946.375.21 2009/10 44.96 5.66

36.61 35.6211.5937.2991.5149.245.66 2010/11 47.82 6.40

38.84 37.1512.6239.8497.8352.586.40 2011/12 50.47 7.51

41.82 40.0614.4043.20105.7556.427.51 2012/13 55.15 7.39

41.82 41.0716.0943.28108.6159.397.39 2013/14 57.84 7.48

44.49 43.0915.0345.90113.4261.467.48 2014/15 58.80 8.73

46.16 45.6117.2447.22120.0865.208.73 2015/16 63.53 9.34

Oil, Coconut

1.89 1.801.251.735.533.150.49 2002/03 3.16 0.63

1.68 1.741.411.795.583.270.63 2003/04 3.28 0.51

1.91 1.801.402.085.843.420.51 2004/05 3.29 0.47

2.03 1.781.432.055.843.340.47 2005/06 3.35 0.44

1.87 1.741.431.745.473.160.44 2006/07 3.25 0.48

1.90 1.851.511.935.853.470.48 2007/08 3.38 0.54

1.66 1.721.561.485.623.420.54 2008/09 3.29 0.85

2.28 2.151.682.176.663.530.85 2009/10 3.84 0.64

1.78 1.961.671.716.113.680.64 2010/11 3.65 0.75

1.82 1.971.551.866.013.430.75 2011/12 3.54 0.60

1.87 2.021.711.916.123.650.60 2012/13 3.75 0.47

1.68 1.821.581.735.523.380.47 2013/14 3.41 0.38

1.71 1.731.631.785.443.350.38 2014/15 3.38 0.27

1.70 1.781.631.765.373.390.27 2015/16 3.42 0.19

Meal, Fish

2.85 0.000.052.858.524.730.94 2002/03 5.07 0.60

3.12 0.000.053.209.265.540.60 2003/04 5.28 0.77

3.60 0.000.063.659.905.520.77 2004/05 5.60 0.66

2.95 0.000.052.728.384.770.66 2005/06 5.02 0.63

2.69 0.000.052.598.284.960.63 2006/07 4.83 0.85

3.01 0.000.052.858.885.020.85 2007/08 5.31 0.72

3.11 0.000.052.958.744.910.72 2008/09 5.22 0.57

2.63 0.000.052.277.123.920.57 2009/10 4.67 0.19

2.66 0.000.052.497.865.020.19 2010/11 4.77 0.61

2.92 0.000.052.597.704.180.61 2011/12 4.92 0.20

2.36 0.000.052.136.924.370.20 2012/13 4.49 0.31

2.62 0.000.052.187.064.140.31 2013/14 4.66 0.22

2.39 0.000.052.216.904.290.22 2014/15 4.51 0.19

2.43 0.000.052.166.874.250.19 2015/16 4.57 0.14

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 25: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

83,935 47,50529,43391,3585506,87336,284 2002/03 56,090 5,835

76,604 45,53925,15882,9425035,83536,041 2003/04 53,632 4,152

95,944 50,16730,708100,7776814,15236,808 2004/05 61,780 8,289

95,670 51,89726,611104,6236648,28936,587 2005/06 63,811 14,201

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

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

89,201 49,34335,69497,4051,2956,90935,265 2008/09 56,092 5,619

98,951 51,48241,691105,6361,0665,61935,511 2009/10 58,401 5,544

100,432 49,32341,937106,9219455,54437,179 2010/11 57,665 7,319

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

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

99,016 51,45945,549107,8453,0665,76335,438 2013/14 58,343 3,953

116,026 55,19051,138121,8231,8443,95338,981 2014/15 63,907 6,778

115,273 55,47946,582123,6621,6116,77838,724 2015/16 63,537 13,543

Major Protein Meals

36,594 47,5055,92438,0821,202286nr 2002/03 31,912 246

35,189 45,5394,94537,2801,845246nr 2003/04 32,062 273

39,240 50,1676,95441,0501,537273nr 2004/05 33,881 215

39,920 51,8977,60841,7981,663215nr 2005/06 33,829 361

41,440 53,4838,26443,5101,709361nr 2006/07 34,861 385

40,867 53,4958,70643,2441,992385nr 2007/08 34,205 333

37,721 49,3437,94039,8711,817333nr 2008/09 31,685 246

40,076 51,48210,30841,6661,344246nr 2009/10 31,017 341

38,055 49,3238,48740,6372,241341nr 2010/11 31,772 378

39,507 50,3169,17042,9173,032378nr 2011/12 33,411 336

38,689 50,25010,46042,4183,393336nr 2012/13 31,645 313

39,387 51,45910,77443,4983,798313nr 2013/14 32,433 291

43,473 55,19012,23547,6603,896291nr 2014/15 35,089 336

42,994 55,47910,84047,0543,724336nr 2015/16 35,878 336

Major Vegetable Oils

9,208 47,5051,23812,0561,5431,3050 2002/03 9,896 922

8,772 45,53974011,6051,9119220 2003/04 10,070 795

9,769 50,16783812,4051,8417950 2004/05 10,443 1,124

10,436 51,89789913,9392,3791,1240 2005/06 11,243 1,797

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

10,544 53,4951,67915,3933,1081,7410 2007/08 12,250 1,464

9,667 49,3431,45714,3613,2301,4640 2008/09 11,167 1,737

10,058 51,4821,94815,1333,3381,7370 2009/10 11,194 1,991

9,774 49,3231,86115,3773,6121,9910 2010/11 11,906 1,610

10,033 50,3161,14615,4743,8311,6100 2011/12 12,784 1,544

10,227 50,2501,38715,5723,8011,5440 2012/13 13,026 1,159

10,423 51,4591,11515,5994,0171,1590 2013/14 13,508 976

10,998 55,1901,18116,1434,1699760 2014/15 13,834 1,128

11,229 55,4791,17016,6374,2801,1280 2015/16 14,153 1,314

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 26: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

75,010 43,94828,42380,8001275,66329,339 2002/03 47,524 4,853

66,783 41,63224,12871,7871514,85329,330 2003/04 44,600 3,059

85,019 46,16029,86088,2301523,05929,930 2004/05 51,410 6,960

83,507 47,32425,57990,559926,96028,834 2005/06 52,751 12,229

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

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

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

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

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

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

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

91,389 47,19244,57497,1661,9523,82530,858 2013/14 50,088 2,504

106,878 51,02950,169110,2869042,50433,423 2014/15 54,907 5,210

105,806 51,16545,586111,8328165,21033,358 2015/16 54,690 11,556

Meal, Soybean

34,649 43,9485,72835,024157218nr 2002/03 29,096 200

32,953 41,6324,69033,412259200nr 2003/04 28,531 191

36,936 46,1606,65937,261134191nr 2004/05 30,446 156

37,416 47,3247,30137,700128156nr 2005/06 30,114 285

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

38,359 49,0818,38438,798128311nr 2007/08 30,148 266

35,473 45,2307,70835,81980266nr 2008/09 27,898 213

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 47,19210,47437,505347249nr 2013/14 26,804 227

41,023 51,02911,97541,549299227nr 2014/15 29,302 272

40,483 51,16510,56941,050295272nr 2015/16 30,209 272

Oil, Soybean

8,360 43,9481,0279,451211,070nr 2002/03 7,748 676

7,748 41,6324258,563139676nr 2003/04 7,650 488

8,782 46,1606009,28212488nr 2004/05 7,911 771

9,248 47,32452310,03516771nr 2005/06 8,147 1,365

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

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

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

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

8,568 44,8511,46610,185721,545nr 2010/11 7,619 1,100

8,954 46,34866410,122681,100nr 2011/12 8,306 1,152

8,990 45,96798210,231891,152nr 2012/13 8,476 773

9,131 47,1928519,97975773nr 2013/14 8,599 529

9,720 51,02993010,374125529nr 2014/15 8,709 735

9,859 51,16590710,696102735nr 2015/16 8,868 921

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 October 2015Office of Global Analysis

Page 27: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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)

52,000 27,79619,98754,1051,12498118,448 2002/03 30,220 3,898

51,000 28,91419,25755,2623643,89821,520 2003/04 31,457 4,548

53,000 29,72822,79957,9003524,54822,917 2004/05 32,413 2,688

57,000 28,75624,77059,728402,68822,229 2005/06 31,506 3,452

59,000 31,51123,80562,5601083,45220,700 2006/07 34,261 4,494

61,000 31,89524,51565,577834,49421,300 2007/08 34,695 6,367

57,800 30,77928,04164,2911246,36721,700 2008/09 33,579 2,671

69,000 35,70029,18871,8211502,67123,500 2009/10 38,550 4,083

75,300 37,26433,78979,423404,08324,200 2010/11 40,164 5,470

66,500 36,23031,90572,2682985,47025,000 2011/12 39,130 1,233

82,000 36,43242,82683,4732401,23327,700 2012/13 39,378 1,269

86,700 38,27445,74788,5485791,26930,100 2013/14 41,274 1,527

96,200 39,55052,85097,9922651,52732,100 2014/15 42,650 2,492

100,000 39,55056,650102,7422502,49233,300 2015/16 42,770 3,322

Meal, Soybean (Local)

21,773 27,79613,54222,813337703nr 2002/03 8,292 979

22,330 28,91414,59623,536227979nr 2003/04 8,099 841

23,040 29,72814,25624,125244841nr 2004/05 9,133 736

22,280 28,75612,28723,230214736nr 2005/06 10,080 863

24,420 31,51112,34625,429146863nr 2006/07 11,520 1,563

24,720 31,89512,70926,4261431,563nr 2007/08 12,000 1,717

23,850 30,77912,15325,653861,717nr 2008/09 12,200 1,300

27,670 35,70014,14729,055851,300nr 2009/10 13,143 1,765

28,880 37,26414,45230,696511,765nr 2010/11 14,000 2,244

28,080 36,23013,85430,339152,244nr 2011/12 14,100 2,385

28,230 36,43213,61930,645302,385nr 2012/13 14,326 2,700

29,620 38,27413,72132,347272,700nr 2013/14 14,800 3,826

30,610 39,55014,49034,456203,826nr 2014/15 15,400 4,566

30,610 39,55015,20035,196204,566nr 2015/16 15,550 4,446

Oil, Soybean (Local)

5,349 27,7962,4055,58747191nr 2002/03 2,897 285

5,550 28,9142,5315,84914285nr 2003/04 2,970 348

5,705 29,7282,6976,0563348nr 2004/05 3,099 260

5,520 28,7562,3155,79818260nr 2005/06 3,211 272

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

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

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

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

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

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

6,980 36,4321,4107,4444460nr 2012/13 5,518 516

7,340 38,2741,3267,8560516nr 2013/14 5,965 565

7,590 39,5501,5408,16611565nr 2014/15 6,296 330

7,590 39,5501,3907,93010330nr 2015/16 6,325 215

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 October 2015Office of Global Analysis

Page 28: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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)

35,500 24,8158,80936,9683771,09112,600 2002/03 26,075 2,084

33,000 25,0726,79935,8037192,08414,000 2003/04 26,472 2,532

39,000 29,56010,68642,2417092,53214,400 2004/05 31,000 555

40,500 32,7487,13242,0681,01355515,200 2005/06 34,268 668

48,800 35,96312,13351,8042,33666816,300 2006/07 37,598 2,073

46,200 31,88311,80351,2202,9472,07316,371 2007/08 33,543 5,874

32,000 28,5553,48638,0311575,87416,000 2008/09 30,275 4,270

54,500 39,19613,70158,77004,27018,600 2009/10 41,076 3,993

49,000 37,52110,38953,006133,99318,300 2010/11 39,351 3,266

40,100 30,6816,09843,36823,26617,577 2011/12 33,031 4,239

49,300 35,0097,81753,54124,23919,750 2012/13 38,209 7,515

53,500 38,4977,43361,01727,51519,400 2013/14 42,984 10,600

60,800 40,6009,70071,402210,60019,300 2014/15 45,617 16,085

57,000 42,5009,77573,087216,08520,000 2015/16 47,602 15,710

Meal, Soybean (Local)

19,667 24,81519,16220,4490782nr 2002/03 375 912

19,741 25,07219,07820,6552912nr 2003/04 492 1,085

23,350 29,56022,70324,43611,085nr 2004/05 530 1,203

25,582 32,74824,72326,78501,203nr 2005/06 535 1,527

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

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

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

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

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

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

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

29,524 38,49727,42534,08504,561nr 2013/14 2,200 4,460

31,390 40,60028,80035,85004,460nr 2014/15 2,430 4,620

32,960 42,50030,55037,58004,620nr 2015/16 2,700 4,330

Oil, Soybean (Local)

4,672 24,8154,2455,0520380nr 2002/03 389 418

4,724 25,0724,4465,1420418nr 2003/04 392 304

5,558 29,5605,0825,8620304nr 2004/05 395 385

6,169 32,7485,6676,5540385nr 2005/06 402 485

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

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

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

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

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

5,840 30,6813,4336,26635391nr 2011/12 2,620 213

6,616 35,0094,2816,88859213nr 2012/13 2,375 232

7,190 38,4974,2967,44826232nr 2013/14 2,843 309

7,770 40,6005,1008,09415309nr 2014/15 2,650 344

8,050 42,5005,4008,40915344nr 2015/16 2,665 344

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 October 2015Office of Global Analysis

Page 29: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

4,249 Oilseed, Copra 4,547 4,198 4,174 4,241 4,241

11,881 Oilseed, Palm Kernel 12,816 13,632 14,145 14,926 14,926

1,142 Oilseed, Soybean 1,065 1,078 1,028 1,026 1,026

4,004 Other 3,813 3,809 3,906 3,878 3,878

21,276 Total 22,241 22,717 23,253 24,071 24,071

none

Domestic Consumption none

593 Meal, Fish 576 517 514 505 505

495 Meal, Rapeseed 479 523 554 565 565

14,004 Meal, Soybean 14,839 15,933 17,714 19,350 19,130

2,287 Other 2,462 2,598 3,027 3,092 3,192

17,379 Total 18,356 19,571 21,809 23,512 23,392

none

SME none

858 Meal, Fish 832 747 742 729 729

352 Meal, Rapeseed 341 373 394 402 402

14,004 Meal, Soybean 14,839 15,933 17,714 19,350 19,130

1,334 Other 1,394 1,442 1,630 1,643 1,679

16,547 Total 17,405 18,495 20,480 22,124 21,940

none

Imports none

146 Meal, Fish 140 155 153 153 153

496 Meal, Rapeseed 479 524 554 565 565

11,415 Meal, Soybean 12,485 13,743 15,046 16,522 16,272

332 Other 454 355 474 460 460

12,389 Total 13,558 14,777 16,227 17,700 17,450

none

Industrial Dom. Cons. none

5,366 Oil, Palm 6,216 7,398 6,225 8,200 8,200

0 Oil, Rapeseed 0 0 0 0 0

45 Oil, Soybean 34 36 39 42 42

0 Oil, Sunflowerseed 0 0 0 0 0

3,346 Other 3,605 3,869 4,018 4,238 4,238

8,757 Total 9,855 11,303 10,282 12,480 12,480

none

Food Use Dom. Cons. none

7,317 Oil, Palm 7,577 8,295 8,640 9,135 8,935

4 Oil, Rapeseed 5 6 6 7 7

506 Oil, Soybean 479 518 586 584 627

140 Oil, Sunflowerseed 110 110 146 146 146

1,378 Other 1,482 1,488 1,398 1,425 1,425

9,345 Total 9,653 10,417 10,776 11,297 11,140

none

Domestic Consumption none

13,024 Oil, Palm 14,138 16,043 15,205 17,775 17,475

4 Oil, Rapeseed 5 6 6 7 7

551 Oil, Soybean 513 554 625 626 669

140 Oil, Sunflowerseed 110 110 146 146 146

4,732 Other 5,095 5,367 5,426 5,673 5,673

18,451 Total 19,861 22,080 21,408 24,227 23,970

none

Imports none

4,125 Oil, Palm 3,067 2,908 3,730 3,370 3,370

4 Oil, Rapeseed 5 6 6 7 7

240 Oil, Soybean 226 299 311 320 320

0 Oil, Sunflowerseed 0 0 0 0 0

817 Other 606 504 575 475 475

5,186 Total 3,904 3,717 4,622 4,172 4,172

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 October 2015Office of Global Analysis

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Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

1,602 Oilseed, Cottonseed 1,330 1,106 1,223 1,068 1,068

35 Oilseed, Rapeseed 55 80 85 60 60

222 Oilseed, Soybean 246 318 332 287 287

1,029 Oilseed, Sunflowerseed 1,230 1,502 1,306 1,256 1,106

90 Other 120 140 120 150 150

2,978 Total 2,981 3,146 3,066 2,821 2,671

none

Domestic Consumption none

61 Meal, Fish 81 90 91 93 93

480 Meal, Rapeseed 417 440 555 576 576

5,750 Meal, Soybean 5,806 6,398 6,705 7,042 7,142

2,442 Other 2,156 2,394 2,366 2,349 2,289

8,733 Total 8,460 9,322 9,717 10,060 10,100

none

SME none

88 Meal, Fish 117 130 131 134 134

342 Meal, Rapeseed 297 313 395 410 410

5,750 Meal, Soybean 5,806 6,398 6,705 7,042 7,142

2,203 Other 1,952 2,185 2,152 2,142 2,085

8,383 Total 8,172 9,025 9,383 9,727 9,771

none

Imports none

62 Meal, Fish 73 85 86 88 88

116 Meal, Rapeseed 78 41 33 40 40

4,957 Meal, Soybean 4,829 5,295 4,787 4,900 4,900

1,192 Other 749 1,117 1,135 1,218 1,208

6,327 Total 5,729 6,538 6,041 6,246 6,236

none

Imports none

2,239 Oil, Palm 2,389 2,414 2,480 2,755 2,755

2 Oil, Rapeseed 2 6 5 3 3

506 Oil, Soybean 651 636 544 555 555

1,331 Oil, Sunflowerseed 1,154 1,811 1,780 1,816 1,875

45 Other 52 66 63 64 64

4,123 Total 4,248 4,933 4,872 5,193 5,252

none

Industrial Dom. Cons. none

150 Oil, Palm 160 180 175 205 205

30 Oil, Rapeseed 20 35 35 35 35

62 Oil, Soybean 66 75 119 141 141

30 Oil, Sunflowerseed 40 30 20 20 20

45 Other 47 53 51 46 46

317 Total 333 373 400 447 447

none

Food Use Dom. Cons. none

1,663 Oil, Palm 1,770 1,903 1,925 2,200 2,200

70 Oil, Rapeseed 60 90 179 180 180

797 Oil, Soybean 800 804 805 839 839

1,511 Oil, Sunflowerseed 1,616 1,851 2,174 2,028 2,037

556 Other 496 476 475 512 498

4,597 Total 4,742 5,124 5,558 5,759 5,754

none

Domestic Consumption none

1,813 Oil, Palm 1,930 2,083 2,100 2,405 2,405

100 Oil, Rapeseed 80 125 214 215 215

874 Oil, Soybean 881 924 984 1,045 1,050

1,566 Oil, Sunflowerseed 1,681 1,901 2,204 2,068 2,067

601 Other 543 529 526 558 544

4,954 Total 5,115 5,562 6,028 6,291 6,281

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 October 2015Office of Global Analysis

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Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

19,240 Oilseed, Rapeseed 19,560 21,304 24,394 21,300 21,550

1,220 Oilseed, Soybean 948 1,211 1,687 1,950 2,025

8,455 Oilseed, Sunflowerseed 7,088 9,052 8,930 7,900 7,900

550 Other 484 480 523 466 466

29,465 Total 28,080 32,047 35,534 31,616 31,941

none

Domestic Consumption none

676 Meal, Fish 551 598 525 585 535

12,375 Meal, Rapeseed 13,122 13,750 14,400 13,600 13,650

29,670 Meal, Soybean 27,122 28,442 30,242 31,392 31,492

9,921 Other 9,592 9,634 9,439 9,428 9,428

52,642 Total 50,387 52,424 54,606 55,005 55,105

none

SME none

977 Meal, Fish 796 864 759 845 773

8,805 Meal, Rapeseed 9,336 9,783 10,246 9,676 9,712

29,670 Meal, Soybean 27,122 28,442 30,242 31,392 31,492

7,743 Other 7,483 7,746 7,660 7,649 7,649

47,194 Total 44,738 46,835 48,906 49,563 49,626

none

Imports none

466 Meal, Fish 330 373 300 350 300

244 Meal, Rapeseed 415 457 451 450 450

20,872 Meal, Soybean 16,941 18,175 19,650 20,300 20,300

6,620 Other 5,698 5,656 5,414 5,520 5,520

28,202 Total 23,384 24,661 25,815 26,620 26,570

none

Industrial Dom. Cons. none

2,310 Oil, Palm 2,905 3,320 3,450 2,700 3,500

6,500 Oil, Rapeseed 6,600 6,950 7,100 7,300 6,850

1,031 Oil, Soybean 841 900 950 950 950

233 Oil, Sunflowerseed 220 250 240 240 240

482 Other 470 450 410 410 410

10,556 Total 11,036 11,870 12,150 11,600 11,950

none

Food Use Dom. Cons. none

2,950 Oil, Palm 3,380 3,220 3,000 3,800 3,100

2,800 Oil, Rapeseed 2,600 2,950 2,950 2,450 3,000

1,010 Oil, Soybean 1,000 1,000 1,000 1,050 1,000

3,215 Oil, Sunflowerseed 3,150 3,400 3,500 3,465 3,500

2,912 Other 2,607 2,611 2,426 2,431 2,431

12,887 Total 12,737 13,181 12,876 13,196 13,031

none

Domestic Consumption none

5,523 Oil, Palm 6,560 6,790 6,700 6,800 6,850

9,311 Oil, Rapeseed 9,213 9,915 10,075 9,775 9,875

2,109 Oil, Soybean 1,908 1,970 2,000 2,070 2,000

3,453 Oil, Sunflowerseed 3,375 3,660 3,750 3,715 3,750

3,420 Other 3,105 3,081 2,851 2,856 2,856

23,816 Total 24,161 25,416 25,376 25,216 25,331

none

Imports none

5,707 Oil, Palm 6,798 6,902 6,800 6,950 6,950

607 Oil, Rapeseed 210 296 261 270 270

386 Oil, Soybean 322 325 260 150 150

992 Oil, Sunflowerseed 942 1,039 900 900 1,000

1,428 Other 1,657 1,296 1,456 1,320 1,320

9,120 Total 9,929 9,858 9,677 9,590 9,690

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 October 2015Office of Global Analysis

Page 32: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

16,046 Oilseed, Peanut 16,692 16,972 16,500 16,700 16,700

13,426 Oilseed, Rapeseed 14,007 14,458 14,600 14,100 14,100

14,485 Oilseed, Soybean 13,050 12,200 12,350 11,500 11,500

2,313 Oilseed, Sunflowerseed 2,323 2,423 2,350 2,300 2,300

13,325 Other 13,720 12,835 11,757 10,190 9,922

59,595 Total 59,792 58,888 57,557 54,790 54,522

none

Domestic Consumption none

1,624 Meal, Fish 1,368 1,447 1,330 1,400 1,400

10,737 Meal, Rapeseed 10,695 11,908 11,625 11,080 11,275

47,435 Meal, Soybean 50,091 52,534 57,130 61,380 61,380

8,093 Other 8,734 8,653 8,282 7,829 7,704

67,889 Total 70,888 74,542 78,367 81,689 81,759

none

SME none

2,347 Meal, Fish 1,977 2,091 1,922 2,023 2,023

7,639 Meal, Rapeseed 7,609 8,473 8,271 7,883 8,022

47,435 Meal, Soybean 50,091 52,534 57,130 61,380 61,380

7,640 Other 8,250 8,215 7,887 7,533 7,432

65,062 Total 67,928 71,312 75,210 78,820 78,857

none

Imports none

1,249 Meal, Fish 981 1,041 900 950 950

666 Meal, Rapeseed 106 314 120 125 125

113 Meal, Soybean 16 20 60 20 20

4 Other 9 58 0 35 35

2,032 Total 1,112 1,433 1,080 1,130 1,130

none

Food Use Dom. Cons. none

3,691 Oil, Palm 4,189 3,569 3,630 3,750 3,750

2,585 Oil, Peanut 2,745 2,789 2,830 2,825 2,825

6,255 Oil, Rapeseed 6,316 6,750 7,250 7,700 7,500

12,044 Oil, Soybean 12,545 13,657 14,193 15,237 15,237

469 Oil, Sunflowerseed 838 1,012 940 820 820

1,668 Other 1,715 1,623 1,536 1,387 1,335

26,712 Total 28,348 29,400 30,379 31,719 31,467

none

Domestic Consumption none

5,841 Oil, Palm 6,389 5,669 5,580 5,750 5,750

2,585 Oil, Peanut 2,745 2,789 2,830 2,825 2,825

6,255 Oil, Rapeseed 6,316 6,750 7,250 7,700 7,500

12,044 Oil, Soybean 12,545 13,657 14,193 15,237 15,237

469 Oil, Sunflowerseed 838 1,012 940 820 820

2,144 Other 2,335 2,118 2,136 2,037 1,985

29,338 Total 31,168 31,995 32,929 34,369 34,117

none

Imports none

5,841 Oil, Palm 6,589 5,573 5,550 5,750 5,750

62 Oil, Peanut 65 74 120 95 95

1,036 Oil, Rapeseed 1,598 902 750 800 800

1,502 Oil, Soybean 1,409 1,353 900 950 950

122 Oil, Sunflowerseed 362 531 500 400 400

669 Other 770 635 750 800 800

9,232 Total 10,793 9,068 8,570 8,795 8,795

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 33: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2011/12 2012/13 2013/14 2014/15

Sep

2015/16

Oct

2015/16

none

Production none

12,312 Oilseed, Cottonseed 12,100 12,950 12,500 12,300 12,300

5,500 Oilseed, Peanut 5,000 5,650 4,900 4,700 4,700

6,200 Oilseed, Rapeseed 6,800 7,300 6,310 7,150 7,150

11,700 Oilseed, Soybean 12,200 9,500 9,000 11,500 11,000

620 Oilseed, Sunflowerseed 700 670 420 420 420

775 Other 720 725 730 735 735

37,107 Total 37,520 36,795 33,860 36,805 36,305

none

Domestic Consumption none

3,927 Meal, Cottonseed 3,957 4,230 4,280 4,234 4,234

1,362 Meal, Peanut 1,393 1,402 1,345 1,247 1,247

2,295 Meal, Rapeseed 2,477 2,403 2,400 2,500 2,500

3,280 Meal, Soybean 3,490 4,050 4,685 5,255 5,220

293 Meal, Sunflowerseed 384 313 215 255 215

318 Other 284 303 296 308 308

11,475 Total 11,985 12,701 13,221 13,799 13,724

none

SME none

3,182 Meal, Cottonseed 3,206 3,428 3,468 3,431 3,431

1,531 Meal, Peanut 1,566 1,576 1,512 1,402 1,402

1,633 Meal, Rapeseed 1,762 1,710 1,708 1,779 1,779

3,280 Meal, Soybean 3,490 4,050 4,685 5,255 5,220

277 Meal, Sunflowerseed 363 296 203 241 203

143 Other 127 136 133 139 139

10,045 Total 10,514 11,195 11,708 12,246 12,173

none

Food Use Dom. Cons. none

1,185 Oil, Cottonseed 1,195 1,250 1,272 1,275 1,275

7,185 Oil, Palm 7,920 8,024 8,800 9,530 9,530

1,159 Oil, Peanut 1,177 1,173 1,114 1,042 1,042

2,273 Oil, Rapeseed 2,290 2,435 2,375 2,420 2,420

2,750 Oil, Soybean 2,950 3,300 3,900 4,450 4,400

1,280 Oil, Sunflowerseed 1,180 1,680 1,750 1,700 1,700

320 Other 330 335 345 345 345

16,152 Total 17,042 18,197 19,556 20,762 20,712

none

Domestic Consumption none

1,227 Oil, Cottonseed 1,238 1,295 1,317 1,320 1,320

7,485 Oil, Palm 8,250 8,384 9,200 9,950 9,950

1,169 Oil, Peanut 1,187 1,183 1,124 1,052 1,052

2,323 Oil, Rapeseed 2,350 2,505 2,455 2,510 2,510

2,750 Oil, Soybean 2,950 3,300 3,900 4,450 4,400

1,280 Oil, Sunflowerseed 1,180 1,680 1,750 1,700 1,700

610 Other 680 685 680 675 675

16,844 Total 17,835 19,032 20,426 21,657 21,607

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

7,473 Oil, Palm 8,364 7,820 9,350 9,850 9,850

0 Oil, Peanut 0 0 0 0 0

98 Oil, Rapeseed 8 160 325 200 200

1,174 Oil, Soybean 1,086 1,830 2,650 2,800 2,850

1,114 Oil, Sunflowerseed 939 1,528 1,600 1,550 1,550

148 Other 309 202 230 233 233

10,007 Total 10,706 11,540 14,155 14,633 14,683

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 34: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

Oct - Sep Average03/04-12/13 357 367 388 386 430 492 1364 431 472 454 633

2003/04 291 294 277 285 323 425 976 282 321 317 4242004/05 217 214 232 228 277 402 915 316 313 262 4312005/06 205 202 228 227 261 383 857 261 291 292 3872006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14 Oct 459 467 550 530 544 573 1,370 507 468 513 663 Nov 467 472 N/A 539 553 586 1,370 459 478 509 865 Dec 478 487 502 550 568 542 1,370 414 495 512 846 Jan 474 476 492 525 566 560 1,360 448 477 496 848 Feb 485 493 502 545 590 536 1,320 505 492 525 915 Mar 503 519 518 537 N/A 551 1,300 474 524 598 926 Apr 525 547 531 530 N/A 534 1,243 492 515 573 905 May 529 549 535 531 N/A 522 1,205 531 466 535 930 Jun 525 531 527 513 N/A 441 1,228 500 449 518 934 Jul 481 472 510 483 N/A 478 1,260 487 425 437 861 Aug 456 455 506 479 N/A 487 1,260 494 401 427 770 Sep 401 381 484 438 432 474 1,308 445 403 411 785 Average 482 487 514 517 542 524 1,300 480 466 505 854

2014/15 Oct 366 343 403 424 425 463 1,342 503 419 412 769 Nov 375 373 417 457 449 472 1,370 437 443 418 795 Dec 378 377 414 459 443 463 1,360 432 464 428 813 Jan 378 365 397 447 423 496 1,350 425 438 415 764 Feb 364 361 385 442 407 492 1,350 454 438 405 794 Mar 362 356 377 402 403 496 1,300 489 433 399 721 Apr 356 353 376 368 395 487 1,300 511 426 404 714 May 353 350 374 362 389 496 1,290 582 406 427 748 Jun 352 353 373 364 397 481 1,280 564 420 451 748 Jul 366 371 394 376 405 507 1,280 582 432 419 735 Aug 357 348 378 362 381 483 1,150 531 430 411 689 *Sep N/A 317 371 353 368 N/A 1,150 N/A 431 413 699 Average 364 356 388 401 407 485 1,294 501 432 417 749

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary Oct/Nov Shipment

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

Table 29: Oilseed Prices U.S. Dollars per Metric Ton

Soybean Peanut Sunseed

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

10/8/2015 2:01:12 PM

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 35: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

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

Oct - Sep Average03/04-12/13 331 307 292 367 172 210 1236

2003/04 282 211 188 273 122 149 6492004/05 202 172 157 231 94 120 6652005/06 192 176 158 215 85 122 10602006/07 226 199 181 276 116 178 12202007/08 370 337 299 469 191 298 11462008/09 365 333 290 401 168 178 1,1032009/10 343 327 311 391 167 222 1,6682010/11 381 383 386 418 242 254 1,6072011/12 434 442 442 461 272 263 1,4482012/13 516 489 506 538 266 318 1,791

2013/14 Oct 489 563 534 555 260 313 1,644 Nov 497 542 520 541 272 322 1,600 Dec 549 513 543 548 306 324 1,553 Jan 529 476 517 539 313 298 1,531 Feb 561 494 543 571 314 313 1,564 Mar 546 511 532 582 299 337 1,653 Apr 567 516 519 563 295 350 1,658 May 573 522 533 547 292 343 1,651 Jun 553 500 527 531 276 321 1,765 Jul 497 463 454 477 212 298 1,806 Aug 540 461 470 485 167 282 1,773 Sep 580 442 411 456 154 281 1,723 Average 540 500 509 533 263 315 1,660

2014/15 Oct 421 411 414 440 179 263 1,770 Nov 487 434 445 460 229 289 1,836 Dec 476 436 439 453 270 290 1,852 Jan 419 402 419 431 273 284 1,790 Feb 408 378 403 412 249 268 1,715 Mar 394 365 369 392 223 258 1,630 Apr 371 349 358 380 223 255 1,539 May 353 340 354 371 212 267 1,525 Jun 369 338 357 372 199 258 1,506 Jul 414 394 376 389 236 269 1,466 Aug 394 332 354 373 245 270 1,469 *Sep 368 334 348 362 238 255 1,480 Average 406 376 386 403 231 269 1,632

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 (Beg Sep 2013); Ukraine DAF (Beg. Aug 2012); Rotterdam CIF; Argentina Pellet 37-38% (Prior to Aug 2012); Oil World. 8/ Bremen 64-65% Protein; Oil World.9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.* Preliminary

U.S.5/

244

202

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

Soybean SunseedCottonseed

281244302

366

137159166280

414429442447

303

391380443

398416

382345

460455396342

335

RapeseedHamb

9/

226

178131129

318302

326324

310330

367346333342

278295

317

353

184298195221

395375337299

316336335358

257263278279

272266265323

10/8/2015 2:01:12 PM

269

285264270254

271262262287

Foreign Agricultural Service/USDA October 2015Office of Global Analysis

Page 36: Weak Real to Boost Brazil’s Soybean Exports in 2016downloads.usda.library.cornell.edu/usda...Brazil o Soybean exports are up 1.1 million tons to 51.1 million on final trade data

Year Cottonseed Palm Canola Coconut CornBegin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average03/04-12/13 837 834 830 925 951 1,334 1,013 1,583 1,525 740 991 950 921

2003/04 661 567 542 633 688 738 663 1,317 1,178 481 670 630 6252004/05 507 466 471 545 609 962 703 1,171 1,102 392 660 636 6142005/06 516 474 467 573 649 896 635 981 931 416 770 583 5552006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 7012007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14 Oct 878 915 908 987 908 1,334 988 1,786 1,575 795 1,011 985 834 Nov 873 924 932 996 927 1,265 998 1,735 1,543 835 1,025 1,270 855 Dec 830 884 895 989 952 1,257 982 1,662 1,493 813 1,012 1,269 845 Jan 771 841 848 943 1,038 1,257 920 1,448 1,410 796 952 1,270 855 Feb 818 878 879 985 1,274 1,257 945 1,368 1,303 846 976 1,365 905 Mar 900 922 904 1,002 1,542 1,279 964 1,302 1,221 890 1,019 1,394 952 Apr 923 909 880 999 1,653 1,301 941 1,273 1,174 858 1,018 1,356 925 May 897 880 861 966 1,857 1,301 943 1,261 1,200 828 958 1,411 904 Jun 878 880 879 936 1,837 1,268 928 1,284 1,310 793 922 1,402 882 Jul 829 861 858 888 1,613 1,345 887 1,293 1,325 782 875 1,260 860 Aug 772 804 825 857 1,350 1,389 828 1,385 1,350 701 853 1,172 838 Sep 749 751 772 851 1,094 1,389 823 1,361 1,360 694 828 1,181 775 Average 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15 Oct 752 764 770 836 914 1,389 874 1,322 1,365 693 836 1,150 761 Nov 737 765 772 830 898 1,361 892 1,337 1,368 693 836 1,194 749 Dec 718 772 772 820 889 1,279 877 1,326 1,370 656 814 1,217 743 Jan 713 773 784 799 991 1,389 837 1,238 1,391 652 773 1,155 769 Feb 696 725 723 773 1,076 1,447 802 1,225 1,366 662 751 1,187 797 Mar 681 676 663 748 1,015 1,445 801 1,206 1,356 629 749 1,091 832 Apr 686 670 665 749 1,062 1,444 838 1,208 1,348 610 742 1,080 866 May 720 704 701 781 1,078 1,433 904 1,205 1,345 628 766 1,133 871 Jun 744 712 708 793 1,104 1,538 918 1,241 1,345 638 806 1,131 889 Jul 695 658 652 751 1,084 1,618 832 1,282 1,345 610 786 1,100 915 Aug 636 633 632 730 1,020 1,653 812 1,293 1,331 524 755 1,037 898 *Sep 583 614 616 727 973 1,653 815 1,294 1,321 521 766 1,063 828 Average 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 8271/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA. 6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA. 9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOBEx-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS * Preliminary

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

10/8/2015 2:01:12 PM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA October 2015Office of Global Analysis