China Peanut Imports Reach Record High in 2019/20...Oilseed, Soybean Imports 2,975 2,800 175 Higher...

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

August 2020

China Peanut Imports Reach Record High in 2019/20

China peanut imports will reach a record high in MY 2019/20, rising to nearly 1.4 million tons and one-third of global trade in peanuts. For the first time, China will be the largest import market, surpassing the next-largest market (the European Union) by more than 40 percent. MY 2019/20 will also be the first year China is a net importer of peanuts. China’s imports in 2020/21 will remain high but are forecast to fall year-on-year due to lower exportable supplies. China is the world’s largest producer and consumer of peanuts. Prior to 2014/15, China’s domestic production was largely sufficient to meet steadily rising local demand. In the past 5 years, China has begun importing larger quantities of peanuts, mostly for crushing into meal for feed and oil for food use. While China’s 2019/20 imports are a record high, they will only represent 7 percent of its domestic consumption.

China’s breakneck peanut imports are driven by slow domestic production growth and record-high global beginning stocks in 2019/20 that made imports more attractive. Chinese importers took advantage of all-time-high stocks in Senegal and Sudan as well as large U.S. stocks. Together these three countries account for nearly 90 percent of China’s imports in 2019/20 as of June.

0%

10%

20%

30%

40%

0

500

1000

1500

2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21

Thou

sand

Met

ric T

ons

China Peanut Imports

Imports Share of Global Imports

0

1

2

3

4

5

6

2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20

Mill

ion

Met

ric T

ons

Global Beginning Peanut Stocks

United States Senegal Sudan Rest of the World

EXPORT PRICES Export prices for soybeans and products for all major exporters rose in July. U.S. Gulf FOB soybean export bids in July averaged $364/ton, up $14 from June. Argentina Up River FOB averaged $360/ton, up $14. Brazil Paranagua FOB prices remained high in July and carries over into August on tightening supplies, averaging $378/ton, up $13 from last month. U.S. soybean meal export bids averaged $340/ton, up $6 from June. Brazil and Argentina export prices also strengthened during the first half of July and then fell slightly, averaging slightly above the prior month. Brazil Paranagua FOB averaged $326/ton, up $5 from June, and Argentina Up River FOB averaged $326/ton, up $7. Meal prices strengthened in late July maintaining its prices into early August. Rising oil prices persisted in July. Argentina soybean oil climbed $50 to average $709/ton for the month, while the Brazil average grew $64, to $724. The United States average jumped $54 in July to $707/ton. Palm oil demand continued its rally as COVID-19 restrictions eased. Malaysia palm oil averaged $646/ton, $42 higher than June and Indonesia averaged $630, up $41.

PROJECTION FOR 2020/21 Global 2020/21 oilseed production is forecast at 610 million tons, up 6 million from July due to a larger soybean crop in the United States offsetting lower sunflowerseed production in Russia and smaller a rapeseed crop in Ukraine. Oilseed trade volumes are up 3 million to 189 million on higher Argentina, Brazil and U.S. soybean exports. China is the main driver for increased exports with imports also raised for India, Egypt and Thailand. Crush is up 3 million on higher China soybean meal consumption. Global ending stocks are down 1 million on lower forecasts for Canada rapeseed in response to stronger export demand in the face of declining competition. Protein meal production is up 3 million mostly due to higher China soybean crush. Oil production is up 1 million on increased China soybean crush and higher Indonesia palm oil production. Global trade in meal and oils is marginally higher. The projected U.S. season-average farm price for soybeans is reduced to $8.35 per bushel in response to record supplies following the near record August production forecast. PROJECTION FOR 2019/20 Global oilseed production is unchanged at 577 million. Oilseed import volume is up 6 million at 187 million, on higher soybean imports by China, Egypt, India, Thailand, and the EU. Eports are up a similar amount on larger exports by Brazil and Argentina. Crush is 4 million higher largely due to increased soybean crushing in China, Egypt, Thailand and Ukraine. Ending stocks are down 4 million on higher soybean exports forecat for Brazil.

Foreign Agricultural Service/USDA 2 August 2020Global Market Analysis

290

310

330

350

370

390

US

$/to

nSOYBEAN EXPORT PRICES

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

280

300

320

340

360

380

400

US

$/to

n

SOYBEAN MEAL EXPORT PRICES

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

460

500

540

580

620

660

700

740

780

820

US

$/to

n

SOYBEAN AND PALM OIL EXPORT PRICES

Argentina (Up River) Soy Oil Brazil (Paranagua) Soy Oil USA (Gulf) Soy OilIndonesia Palm Oil Malaysia Palm Oil


EXPORT SALES

As of the week ending July 30, 2020, U.S. soybean accumulated exports (shipments) to China totaled 13.5 million tons and 21.9 million to the rest of the world. Outstanding sales to China for the current marketing year remains at 2.9 million tons, with just over 4 million outstanding to the rest of the world. However, most sales are being made on new crop, the 2020/21 marketing year. U.S. soybean export commitments (outstanding sales for the current marketing year plus accumulated exports) to China are 2-million-tons higher than last year at 16.4 million, but remain below historic levels on a slow export pace. Total commitments to the world lag behind last year, totaling 46.9 million tons as export commitments to markets outside China remain 11 percent below 2018/19 levels.

0

10

20

30

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60

70

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

Million Tons

China Unknown Rest of World

U.S. Soybean Total Commitments As of July 30


2020/21 OUTLOOK CHANGES Note: All figures are in thousand metric tons.

Country Commodity Attribute Current Previous Change Reason

United States

Oilseed, Soybean Export 57,833 55,792 2,041 Record supplies and growing China demand

Argentina

Oilseed, Soybean Imports 4,000 3,600 400 Reflects strong imports on reduced farmer selling

Oilseed, Soybean Exports 7,500 6,500 1,000 Expected larger sales to China

Australia Oilseed, Rapeseed Exports 2,350 2,150 200 Reflecting tighter

global export availability

Brazil Oilseed, Soybean Exports 84,000 83,000 1,000 Strong China

demand

Canada Oilseed, Rapeseed Exports 9,800 8,900 900 Reflecting tighter

global export availability

China

Meal, Sunflowerseed

Imports 1,400 900 500 Reflecting 2019/20 trade pace

Oil, Palm Imports 6,700 6,400 300 Increased domestic demand

Oilseed, Soybean Imports 99,000 96,000 3,000 Increased crush demand and rising U.S. supplies

Egypt Oilseed, Soybean Imports 4,000 3,700 300 Growing demand

and trade trend

European Union

Meal, Sunflowerseed

Imports 3,450 3,650 -200 Increased domestic crush

Oilseed, Rapeseed Imports 5,700 6,000 -300 Reduced exportable supply in Ukraine

Oilseed, Sunflowerseed

Imports 420 620 -200 Increased domestic production

India Oilseed, Soybean Imports 400 100 300 Strengthened

demand

Kazakhstan Oilseed, Sunflowerseed

Exports 350 500 -150 Lower production forecast

Malaysia Oil, Palm Exports 17,025 16,725 300 Larger supplies

Russia

Meal, Sunflowerseed

Exports 1,500 1,725 -225 Lower crush

Oilseed, Soybean Exports 800 1,000 -200 Lower production forecast


Exports 350 650 -300 Lower production forecast


Thailand Oilseed, Soybean Imports 3,590 3,140 450 Higher demand

Ukraine

Meal, Sunflowerseed

Exports 5,200 5,050 150 Lower production forecast

Oilseed, Rapeseed Exports 2,100 3,400 -1,300 Lower production forecast

2019/20 OUTLOOK CHANGES Note: All figures are in thousand metric tons.

Country Commodity Attribute Current Previous Change Reason

Argentina Oilseed, Soybean Exports 9,500 9,000 500 Trade pace Oilseed, Soybean Imports 4,200 4,000 200 Trade pace

Bangladesh Oilseed, Rapeseed Imports 325 200 125 Final trade

Brazil Meal, Soybean Exports 17,500 17,250 250 Trade pace Oilseed, Soybean Exports 93,500 89,000 4,500 Trade pace

Canada Oilseed, Rapeseed Exports 10,000 9,500 500 Trade pace

China

Meal, Rapeseed Imports 1,800 1,675 125 Higher-than-expected imports from Canada

Meal, Sunflowerseed Imports 1,900 1,600 300 Increased imports from Ukraine

Oil, Sunflowerseed Imports 1,600 1,400 200 Increased imports from Ukraine

Oilseed, Peanut Imports 1,350 1,100 250 Rising purchases from the United States and Senegal

Oilseed, Soybean Imports 98,000 96,000 2,000 Higher Brazil exports

Egypt

Meal, Soybean Imports 150 425 -275 Increased crush reducing import demand

Oilseed, Soybean Imports 4,500 3,700 800 Higher than anticipated U.S. exports

European Union

Meal, Soybean Imports 18,200 18,500 -300 Decreased import demand due to rising crush

Oil, Sunflowerseed Imports 2,150 2,000 150 Stronger than anticipated trade pace

Oilseed, Rapeseed Imports 6,300 5,900 400 Increased exports from Canada, Australia

Oilseed, Soybean Imports 15,700 15,100 600 Increased exports from Brazil

India Oilseed, Peanut Exports 925 750 175 Higher China

trade demand


Oilseed, Soybean Imports 400 150 250 Strengthened demand

Malaysia Oil, Palm Exports 16,500 16,300 200 Increased

production

Russia

Oil, Sunflowerseed Exports 3,500 3,150 350 Continued trade strength

Oilseed, Soybean Exports 1,100 975 125 Larger supply Oilseed, Sunflowerseed

Exports 1,350 1,200 150 Continued trade strength

Thailand Oilseed, Soybean Imports 3,600 3,080 520 Higher demand

Turkey

Meal, Soybean Imports 700 850 -150 Increased domestic crush

Oilseed, Soybean Imports 2,975 2,800 175 Higher exports from Russia

Ukraine Meal, Sunflowerseed Exports 5,150 4,950 200 Stong pace of

trade United Arab

Emirates

Meal, Rapeseed Exports 409 250 159 Derived pace of exports

Questions may be directed to: Bill George (202) 720-6234 [email protected] Amy Caldwell (202) 378-2560 [email protected] Tani Lee (202) 720-9180 [email protected] Matt Snyder (202) 378-1068 [email protected] To download the tables in the publication, go to the Production, Supply and Distribution Database (PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click the plus sign [+] next to Oilseeds. The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m. FAS Reports and Databases: Current World Markets and Trade and World Agricultural Production Reports:

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


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

http://apps.fas.usda.gov/psdonline/psdHome.aspx Global Agricultural Trade System (U.S. Exports and Imports):

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

http://apps.fas.usda.gov/esrquery/ Global Agricultural Information Network (Agricultural Attaché Reports):

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

Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE):

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

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

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

List of Tables

SUMMARY TABLES

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

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


HISTORICAL TABLES

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

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

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


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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

none

Production none

5.52 Oilseed, Copra 5.94 5.98 5.86 5.77 5.77

38.98 Oilseed, Cottonseed 45.09 43.11 44.76 42.91 43.00

17.85 Oilseed, Palm Kernel 19.39 20.17 19.95 20.28 20.38

45.26 Oilseed, Peanut 47.09 47.09 46.11 46.12 46.96

69.49 Oilseed, Rapeseed 75.02 72.61 68.20 69.82 68.11

349.47 Oilseed, Soybean 341.53 360.21 337.28 362.52 370.40

48.23 Oilseed, Sunflowerseed 47.85 50.59 55.04 56.79 55.80

574.80 Total 581.90 599.76 577.20 604.20 610.42

none

Imports none

0.13 Oilseed, Copra 0.13 0.20 0.18 0.21 0.21



3.16 Oilseed, Peanut 3.03 3.40 4.28 3.76 3.75


144.27 Oilseed, Soybean 153.23 144.61 162.28 158.02 162.49


166.29 Total 174.90 165.78 186.37 180.51 184.74

none

Exports none

0.17 Oilseed, Copra 0.16 0.17 0.29 0.24 0.24



3.68 Oilseed, Peanut 3.38 3.61 4.41 4.02 3.96


147.56 Oilseed, Soybean 153.08 148.41 164.64 161.58 165.49


170.64 Total 176.36 170.38 189.62 185.43 188.54

none

Crush none

5.44 Oilseed, Copra 5.85 5.98 5.73 5.70 5.70



17.64 Oilseed, Peanut 18.24 18.11 19.12 18.30 18.62


287.65 Oilseed, Soybean 294.39 297.33 307.95 315.57 320.08


467.80 Total 483.79 488.36 504.63 510.82 514.96

none

Ending Stocks none

0.09 Oilseed, Copra 0.11 0.10 0.08 0.08 0.08



4.00 Oilseed, Peanut 5.10 5.37 4.36 3.86 4.01


95.02 Oilseed, Soybean 98.99 112.86 95.85 95.08 95.36


109.26 Total 116.93 131.69 110.91 109.40 108.28

Totals may not add due to rounding


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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

none

Production none

1.81 Meal, Copra 1.94 2.00 1.92 1.91 1.91

13.27 Meal, Cottonseed 15.46 15.11 15.57 15.24 15.21

4.87 Meal, Fish 4.76 4.76 4.85 4.87 4.87

9.14 Meal, Palm Kernel 10.04 10.41 10.29 10.45 10.50

7.02 Meal, Peanut 7.26 7.19 7.60 7.27 7.28

38.81 Meal, Rapeseed 39.48 39.11 39.10 38.47 38.39

225.83 Meal, Soybean 232.29 233.33 242.25 248.28 251.82

19.40 Meal, Sunflowerseed 19.95 20.71 22.58 22.95 22.75

320.15 Total 331.18 332.62 344.16 349.43 352.72

none

Imports none

0.48 Meal, Copra 0.69 0.57 0.47 0.54 0.51

0.24 Meal, Cottonseed 0.31 0.34 0.37 0.37 0.37

3.02 Meal, Fish 2.98 3.02 2.98 3.05 3.05

6.58 Meal, Palm Kernel 6.82 7.16 7.17 7.18 7.18

0.14 Meal, Peanut 0.05 0.10 0.14 0.11 0.11

5.90 Meal, Rapeseed 6.24 6.85 7.40 6.97 6.98

60.18 Meal, Soybean 61.13 62.05 62.83 64.45 64.52


83.50 Total 84.79 87.91 89.72 90.53 90.89

none

Exports none

0.53 Meal, Copra 0.71 0.68 0.54 0.57 0.55

0.38 Meal, Cottonseed 0.45 0.41 0.41 0.40 0.40

2.53 Meal, Fish 2.58 2.56 2.65 2.67 2.67

6.67 Meal, Palm Kernel 7.10 7.81 7.47 7.55 7.61

0.16 Meal, Peanut 0.10 0.12 0.14 0.14 0.14

5.99 Meal, Rapeseed 6.39 6.85 7.37 7.03 6.94

64.60 Meal, Soybean 64.90 67.28 67.69 67.50 67.73


88.29 Total 89.21 93.72 94.84 94.24 94.33

none

Domestic Consumption none

1.75 Meal, Copra 1.91 1.89 1.85 1.88 1.88

13.10 Meal, Cottonseed 15.28 15.11 15.53 15.22 15.18

5.38 Meal, Fish 5.17 5.22 5.20 5.27 5.27

8.99 Meal, Palm Kernel 9.63 9.95 9.95 10.03 10.04

7.02 Meal, Peanut 7.21 7.17 7.61 7.24 7.25

38.80 Meal, Rapeseed 39.28 39.09 39.10 38.53 38.64

221.30 Meal, Soybean 228.76 229.84 239.68 245.63 249.10


315.45 Total 326.65 328.88 341.22 346.23 350.07

none

Ending Stocks none

0.12 Meal, Copra 0.13 0.14 0.14 0.13 0.13

0.10 Meal, Cottonseed 0.14 0.07 0.07 0.06 0.06

0.26 Meal, Fish 0.26 0.26 0.25 0.22 0.22

0.44 Meal, Palm Kernel 0.58 0.40 0.44 0.47 0.47

0.03 Meal, Peanut 0.03 0.04 0.03 0.04 0.03

1.03 Meal, Rapeseed 1.08 1.11 1.13 0.84 0.92

13.71 Meal, Soybean 13.47 11.74 9.44 9.38 8.95


16.93 Total 17.05 14.98 12.80 12.52 12.01



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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

none

Production none

3.41 Oil, Coconut 3.67 3.74 3.60 3.58 3.58

4.38 Oil, Cottonseed 5.09 4.97 5.11 5.01 4.99

2.61 Oil, Olive 3.27 3.25 3.12 3.03 3.03

65.34 Oil, Palm 70.58 74.02 72.77 74.60 75.00

7.83 Oil, Palm Kernel 8.53 8.87 8.77 8.91 8.91

5.72 Oil, Peanut 5.92 5.86 6.19 5.93 6.03

27.55 Oil, Rapeseed 28.05 27.67 27.69 27.25 27.18

53.82 Oil, Soybean 55.09 55.67 57.57 59.04 59.86

18.19 Oil, Sunflowerseed 18.53 19.38 21.17 21.52 21.30

188.85 Total 198.72 203.44 205.99 208.86 209.88

none

Imports none

1.49 Oil, Coconut 1.70 1.82 1.81 1.88 1.88

0.06 Oil, Cottonseed 0.08 0.09 0.10 0.09 0.09

0.78 Oil, Olive 0.94 0.99 1.08 0.98 1.00

45.98 Oil, Palm 46.51 50.33 47.43 49.20 49.40

2.70 Oil, Palm Kernel 2.88 3.03 2.88 3.05 3.05

0.23 Oil, Peanut 0.24 0.29 0.29 0.35 0.34

4.40 Oil, Rapeseed 4.50 4.87 5.21 5.29 5.16

10.97 Oil, Soybean 9.86 10.43 10.87 10.98 10.96


75.48 Total 75.42 81.26 80.42 82.10 82.26

none

Exports none

1.76 Oil, Coconut 1.73 2.11 1.90 1.88 1.88

0.08 Oil, Cottonseed 0.10 0.11 0.11 0.11 0.11

0.87 Oil, Olive 1.02 1.04 1.12 1.07 1.07

48.89 Oil, Palm 48.65 51.50 48.90 50.37 50.67

3.09 Oil, Palm Kernel 3.11 3.29 3.26 3.30 3.30

0.27 Oil, Peanut 0.28 0.31 0.34 0.35 0.34

4.50 Oil, Rapeseed 4.61 4.96 5.48 5.32 5.28

11.36 Oil, Soybean 10.54 11.18 11.96 11.92 12.06


81.25 Total 80.03 85.67 85.30 86.34 86.74

none


3.21 Oil, Coconut 3.43 3.53 3.56 3.68 3.68

4.34 Oil, Cottonseed 5.04 4.99 5.08 5.04 5.02

2.74 Oil, Olive 2.81 2.92 3.00 3.05 3.07

61.60 Oil, Palm 66.97 73.05 71.39 74.12 74.41

7.42 Oil, Palm Kernel 8.09 8.65 8.47 8.74 8.73

5.56 Oil, Peanut 5.74 5.95 6.22 6.04 6.07

28.90 Oil, Rapeseed 28.86 28.15 27.81 27.69 27.56

53.29 Oil, Soybean 54.56 54.93 56.04 58.00 58.84


183.38 Total 192.86 200.24 200.97 206.03 206.95

none

Ending Stocks none

0.42 Oil, Coconut 0.64 0.56 0.50 0.41 0.41

0.11 Oil, Cottonseed 0.15 0.11 0.13 0.08 0.08

0.31 Oil, Olive 0.69 0.98 1.05 0.96 0.96

9.57 Oil, Palm 11.03 10.84 10.75 9.83 10.07

0.71 Oil, Palm Kernel 0.91 0.87 0.79 0.71 0.72

0.39 Oil, Peanut 0.52 0.42 0.33 0.22 0.29

4.20 Oil, Rapeseed 3.29 2.72 2.33 1.84 1.83

3.98 Oil, Soybean 3.83 3.82 4.26 4.13 4.19


21.90 Total 23.16 21.95 22.08 20.26 20.54



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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

Production none

117.59 Brazil 125.81 123.93 131.21 135.68 135.68

126.94 United States 131.48 130.72 107.00 122.85 130.79

55.09 China 59.60 59.95 62.63 61.90 61.90

60.05 Argentina 42.46 60.83 54.64 59.34 59.14

37.05 India 35.43 35.55 37.20 36.71 38.16

178.09 Other 187.12 188.79 184.53 187.72 184.75

574.80 Total 581.90 599.76 577.20 604.20 610.42

Imports none

98.42 China 99.28 86.74 102.35 99.70 102.70

19.17 European Union 20.20 20.67 23.82 22.47 21.97

6.03 Mexico 6.76 7.72 7.63 7.85 7.85

5.79 Japan 5.86 5.91 5.93 5.90 5.93

2.18 Egypt 3.63 3.48 4.58 3.79 4.09

1.67 Argentina 4.70 6.41 4.20 3.60 4.00

3.01 Turkey 3.54 3.46 4.16 3.79 3.79

3.19 Thailand 2.59 3.27 3.71 3.25 3.70

3.03 Indonesia 2.92 3.07 3.05 3.25 3.25

2.77 Pakistan 3.16 2.56 2.96 3.24 3.24

21.04 Other 22.25 22.48 24.00 23.66 24.22

166.29 Total 174.90 165.78 186.37 180.51 184.74

Exports none

63.37 Brazil 76.46 74.92 93.85 83.33 84.33

60.08 United States 59.32 48.82 46.18 56.94 58.98

15.63 Canada 15.80 14.49 14.28 12.79 13.68

7.87 Argentina 2.80 10.10 10.60 7.65 8.65

6.13 Paraguay 6.03 4.93 5.90 6.30 6.30

4.13 Ukraine 4.91 5.13 5.81 5.90 4.60

3.41 Australia 2.58 1.54 1.81 2.16 2.36

10.00 Other 8.46 10.44 11.20 10.36 9.63

170.64 Total 176.36 170.38 189.62 185.43 188.54

Crush none

122.62 China 127.55 121.37 127.04 130.70 133.70

56.26 United States 60.17 61.03 62.96 63.00 63.56

42.90 Brazil 47.40 46.87 48.73 49.24 49.23

46.67 European Union 48.48 48.14 47.78 47.19 47.22

46.82 Argentina 40.64 44.37 44.12 46.79 46.79

27.40 India 27.78 29.22 29.42 30.13 30.53

15.40 Russia 15.95 17.85 20.03 20.30 19.35

15.58 Ukraine 14.96 17.04 18.61 18.25 18.43

10.98 Indonesia 12.06 12.39 12.65 12.91 12.91

11.05 Canada 11.21 11.37 11.80 11.55 11.55

6.40 Mexico 6.99 7.85 7.75 8.01 8.01

5.88 Pakistan 6.25 6.17 6.25 6.50 6.48

5.38 Malaysia 5.48 5.77 5.42 5.49 5.59

4.05 Turkey 4.88 5.06 5.41 4.97 4.97

4.86 Japan 4.63 4.89 4.83 4.82 4.85

45.57 Other 49.38 48.97 51.84 50.99 51.82

467.80 Total 483.79 488.36 504.63 510.82 514.96

Ending Stocks none

21.66 China 24.61 20.74 28.51 28.49 28.50

28.52 Argentina 25.09 30.48 26.97 27.90 26.91

33.55 Brazil 33.17 32.92 19.38 23.42 19.14

9.60 United States 13.83 26.54 18.42 13.10 18.22

2.74 European Union 3.99 3.66 3.87 2.61 3.14

13.19 Other 16.25 17.35 13.76 13.89 12.38

109.26 Total 116.93 131.69 110.91 109.40 108.28

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


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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

Production none

87.67 China 90.57 85.87 90.16 93.38 95.76

43.11 United States 47.03 46.52 48.57 48.66 49.07

32.45 Brazil 35.82 35.02 36.47 36.91 36.90

34.78 Argentina 29.99 32.82 32.70 34.68 34.68

30.00 European Union 31.07 31.04 30.91 30.50 30.52

92.14 Other 96.72 101.36 105.35 105.30 105.78

320.15 Total 331.18 332.62 344.16 349.43 352.72

Imports none

24.90 European Union 24.67 25.48 24.66 25.28 25.11

5.65 Vietnam 5.80 6.13 6.17 6.36 6.33

3.18 China 3.59 5.04 6.04 4.56 5.06

4.35 Indonesia 4.61 4.56 4.85 4.92 4.91

3.92 United States 3.74 3.94 4.20 3.84 3.84

3.32 Thailand 3.77 3.63 3.52 3.66 3.64

3.03 Korea, South 3.28 3.40 3.42 3.56 3.53

35.15 Other 35.33 35.75 36.86 38.36 38.48

83.50 Total 84.79 87.91 89.72 90.53 90.89

Exports none

32.13 Argentina 27.05 29.73 28.75 30.50 30.50

13.76 Brazil 16.03 16.09 17.50 16.30 16.30

10.83 United States 13.01 12.50 12.69 12.33 12.55

5.19 Ukraine 4.67 5.75 6.15 5.67 5.73

4.51 Indonesia 5.02 5.46 5.38 5.56 5.54

4.93 Canada 4.90 5.07 5.38 5.12 5.12

2.51 India 2.79 3.10 2.31 2.78 2.71

14.44 Other 15.75 16.02 16.69 15.98 15.89

88.29 Total 89.21 93.72 94.84 94.24 94.33


89.69 China 92.92 89.95 95.19 96.91 99.78

54.41 European Union 54.76 54.60 54.60 54.74 54.64

36.07 United States 37.60 38.10 40.11 40.14 40.34

18.12 Brazil 18.83 19.71 20.21 20.51 20.51

13.55 India 14.19 14.64 15.56 15.66 15.95

6.57 Russia 7.13 7.62 8.02 8.51 8.35

6.91 Mexico 7.04 7.62 7.86 8.05 8.05

6.83 Vietnam 7.30 7.42 7.49 7.60 7.57

5.45 Thailand 5.51 5.82 6.02 5.84 6.17

5.30 Indonesia 5.52 5.62 5.76 5.83 5.84

72.55 Other 75.86 77.78 80.41 82.46 82.88

315.45 Total 326.65 328.88 341.22 346.23 350.07

SME none

85.11 China 87.76 84.42 89.41 91.56 94.27

46.53 European Union 46.65 46.72 46.80 46.99 46.90

34.64 United States 36.28 36.78 38.67 38.74 38.94

17.88 Brazil 18.52 19.29 19.79 20.11 20.11

11.65 India 12.17 12.50 13.28 13.41 13.66

6.54 Mexico 6.68 7.28 7.54 7.72 7.72

6.51 Vietnam 6.97 7.02 7.09 7.17 7.15

80.15 Other 83.83 86.48 89.58 91.53 92.19

289.03 Total 298.85 300.50 312.16 317.24 320.95

Ending Stocks none

3.33 Brazil 4.30 3.55 2.34 2.71 2.46

3.43 Argentina 2.62 1.85 1.73 1.93 1.73

0.21 Ukraine 0.36 0.48 0.62 0.61 0.57

1.13 India 0.66 0.93 0.76 0.53 0.54

0.56 Indonesia 0.67 0.39 0.49 0.52 0.52

8.27 Other 8.43 7.80 6.86 6.22 6.19

16.93 Total 17.05 14.98 12.80 12.52 12.01

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


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

Million Metric Tons

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

Jul

2020/21

Aug

2020/21

Production none

41.10 Indonesia 45.08 47.22 48.32 49.43 49.43

26.76 China 27.77 26.43 27.45 28.00 28.54

21.13 Malaysia 22.02 23.24 21.27 21.60 22.00

18.07 European Union 19.04 18.92 18.27 18.14 18.16

11.43 United States 12.11 12.20 12.57 12.68 12.79

9.87 Argentina 8.79 9.47 9.41 9.96 9.95

8.73 Brazil 9.60 9.50 9.85 9.95 9.95

51.77 Other 54.33 56.48 58.84 59.09 59.06

188.85 Total 198.72 203.44 205.99 208.86 209.88

Imports none

15.41 India 14.49 15.25 15.08 15.24 15.24

8.00 China 8.65 11.41 11.42 11.81 12.01

10.87 European Union 10.67 11.49 11.09 10.57 10.54

4.73 United States 4.78 4.70 4.98 4.99 4.98

3.25 Pakistan 3.20 3.27 3.26 3.54 3.54

2.18 Bangladesh 2.50 2.59 2.35 2.45 2.45

2.16 Egypt 1.81 1.60 1.82 1.87 1.87

1.21 Iran 1.21 1.59 1.43 1.49 1.49

1.13 Malaysia 1.12 1.66 1.34 1.45 1.45

1.31 Philippines 1.31 1.17 1.26 1.37 1.37

25.23 Other 25.69 26.54 26.38 27.33 27.33

75.48 Total 75.42 81.26 80.42 82.10 82.26

Exports none

29.86 Indonesia 29.28 30.78 29.94 31.27 31.27

17.47 Malaysia 17.70 19.65 17.76 18.02 18.32

6.11 Ukraine 5.60 6.55 6.87 6.93 6.96

6.28 Argentina 5.08 6.25 6.42 6.89 6.88

2.98 Russia 3.26 3.83 4.85 4.47 4.37

3.29 Canada 3.34 3.34 3.57 3.56 3.56

2.40 European Union 2.51 2.35 2.51 2.42 2.42

12.85 Other 13.26 12.91 13.38 12.79 12.97

81.25 Total 80.03 85.67 85.30 86.34 86.74


35.73 China 36.86 38.36 38.96 39.63 40.36

26.57 European Union 26.96 27.14 26.72 26.78 26.84

21.68 India 22.20 22.89 22.69 23.04 23.10

11.89 Indonesia 14.69 17.10 17.14 18.42 18.42

14.72 United States 15.54 15.88 15.90 16.36 16.38

7.91 Brazil 8.44 8.91 9.22 9.39 9.39

4.22 Malaysia 4.89 5.28 4.91 5.21 5.31

4.45 Pakistan 4.55 4.68 4.75 4.91 4.90

3.40 Russia 3.48 3.56 3.62 3.88 3.70

2.72 Thailand 2.88 3.25 3.28 3.39 3.45

2.57 Bangladesh 2.82 3.01 3.11 3.19 3.22

3.64 Argentina 3.74 3.23 3.06 3.07 3.07

2.71 Mexico 2.84 2.94 2.98 3.03 3.03

2.41 Japan 2.46 2.57 2.54 2.56 2.57

2.34 Turkey 2.37 2.40 2.41 2.50 2.50

36.42 Other 38.13 39.05 39.68 40.70 40.72

183.38 Total 192.86 200.24 200.97 206.03 206.95

Ending Stocks none

2.50 Indonesia 3.67 3.16 4.47 4.28 4.28

2.29 Malaysia 2.83 2.81 2.74 2.31 2.57

1.76 European Union 1.99 2.90 3.04 2.43 2.48

3.52 China 2.80 2.02 1.69 1.57 1.67

1.23 United States 1.24 1.16 1.31 1.29 1.31

10.61 Other 10.62 9.90 8.83 8.38 8.24

21.90 Total 23.16 21.95 22.08 20.26 20.54

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


Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

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

Jul

2020/21

Aug

2020/21

Production none

114,600 Brazil 122,000 119,000 126,000 131,000 131,000

116,931 United States 120,065 120,515 96,676 112,536 120,423

55,000 Argentina 37,800 55,300 49,700 53,500 53,500

13,596 China 15,283 15,967 18,100 17,500 17,500

10,992 India 8,350 10,930 9,300 10,500 10,750

10,336 Paraguay 10,263 8,512 9,900 10,250 10,250

6,597 Canada 7,717 7,267 6,000 5,800 5,800

21,419 Other 20,051 22,719 21,604 21,434 21,176

349,471 Total 341,529 360,210 337,280 362,520 370,399

Imports none

93,495 China 94,095 82,540 98,000 96,000 99,000

13,441 European Union 14,584 14,983 15,700 14,900 14,900

4,126 Mexico 4,873 5,867 6,000 6,100 6,100

1,674 Argentina 4,703 6,408 4,200 3,600 4,000

2,115 Egypt 3,550 3,380 4,500 3,700 4,000

3,078 Thailand 2,482 3,155 3,600 3,140 3,590

3,175 Japan 3,256 3,314 3,390 3,410 3,410

2,566 Taiwan 2,666 2,614 2,850 2,900 2,900

2,649 Indonesia 2,483 2,623 2,600 2,800 2,800

2,271 Turkey 2,777 2,405 2,975 2,800 2,800

15,680 Other 17,760 17,325 18,466 18,673 18,993

144,270 Total 153,229 144,614 162,281 158,023 162,493

Exports none

63,137 Brazil 76,136 74,594 93,500 83,000 84,000

58,964 United States 58,071 47,676 44,906 55,792 57,833

7,025 Argentina 2,132 9,104 9,500 6,500 7,500

6,129 Paraguay 6,029 4,901 5,900 6,300 6,300

4,592 Canada 4,925 5,258 4,250 3,850 3,850

7,716 Other 5,783 6,879 6,580 6,138 6,003

147,563 Total 153,076 148,412 164,636 161,580 165,486

Crush none

88,000 China 90,000 85,000 90,500 95,000 98,000

51,742 United States 55,926 56,935 58,786 58,786 59,330

40,411 Brazil 44,205 42,527 44,250 45,000 45,000

43,309 Argentina 36,933 40,567 40,500 43,000 43,000

14,400 European Union 14,950 15,600 16,000 15,700 15,700

9,000 India 7,700 9,600 8,400 9,400 9,500

4,600 Mexico 5,250 6,150 6,200 6,400 6,400

4,400 Russia 4,600 4,650 4,750 4,750 4,750

2,200 Egypt 3,200 3,400 4,300 3,700 4,100

3,750 Paraguay 3,870 3,620 3,750 3,800 3,800

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

2,392 Japan 2,400 2,470 2,500 2,520 2,520

2,050 Iran 2,700 2,400 2,430 2,500 2,500

1,100 Bangladesh 1,250 1,650 2,150 2,400 2,400

1,680 Pakistan 2,000 2,000 2,200 2,400 2,400

16,067 Other 17,107 18,211 18,688 17,662 18,132

287,651 Total 294,391 297,330 307,954 315,568 320,082

Ending Stocks none

20,120 China 23,064 19,455 27,255 27,245 27,255

26,996 Argentina 23,734 28,890 25,700 26,400 25,500

33,412 Brazil 33,000 32,750 19,100 23,270 19,000

8,208 United States 11,923 24,740 16,730 11,560 16,592

1,150 European Union 1,397 1,605 1,977 1,567 2,000

5,130 Other 5,874 5,417 5,089 5,033 5,011

95,016 Total 98,992 112,857 95,851 95,075 95,358

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

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


Table 08: Soybean Meal: World Supply and Distribution


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

Jul

2020/21

Aug

2020/21

Production none

69,696 China 71,280 67,320 71,676 75,240 77,616

40,630 United States 44,657 44,283 46,197 46,244 46,652

31,280 Brazil 34,300 32,960 34,350 34,900 34,900

33,280 Argentina 28,400 31,200 31,150 33,050 33,050

11,376 European Union 11,811 12,324 12,640 12,403 12,403

7,200 India 6,160 7,680 6,720 7,520 7,600

3,635 Mexico 4,152 4,860 4,900 5,060 5,060

28,734 Other 31,533 32,706 34,618 33,860 34,536

225,831 Total 232,293 233,333 242,251 248,277 251,817

Imports none

18,794 European Union 18,354 18,756 18,200 18,750 18,750

4,945 Vietnam 4,969 5,149 5,250 5,350 5,350

4,255 Indonesia 4,486 4,449 4,750 4,800 4,800

2,660 Philippines 2,927 2,929 2,950 3,095 3,095

2,782 Thailand 3,191 2,889 2,800 2,800 2,800

1,507 Iran 1,514 2,788 2,550 2,400 2,400

1,764 Korea, South 1,846 1,855 1,950 2,000 2,000

1,991 Mexico 1,818 1,836 1,925 2,000 2,000

1,621 Japan 1,728 1,596 1,700 1,621 1,700

1,284 Colombia 1,373 1,433 1,500 1,550 1,550

18,575 Other 18,924 18,370 19,251 20,079 20,079

60,178 Total 61,130 62,050 62,826 64,445 64,524

Exports none

31,323 Argentina 26,265 28,832 28,000 29,650 29,650

13,762 Brazil 16,032 16,093 17,500 16,300 16,300

10,505 United States 12,717 12,191 12,383 12,020 12,247

2,370 Paraguay 2,628 2,333 2,550 2,450 2,450

2,019 India 1,863 2,184 1,450 1,870 1,870

4,622 Other 5,399 5,648 5,810 5,211 5,211

64,601 Total 64,904 67,281 67,693 67,501 67,728


68,646 China 70,105 66,405 70,736 74,255 76,631

30,314 United States 32,237 32,851 34,383 34,564 34,745

30,242 European Union 30,092 30,442 30,742 30,942 30,892

16,943 Brazil 17,311 17,645 18,085 18,505 18,505

5,770 Mexico 5,950 6,575 6,900 7,050 7,050

5,740 Vietnam 6,110 6,020 6,120 6,170 6,170

4,675 India 4,740 5,280 5,490 5,790 5,950

4,250 Indonesia 4,450 4,625 4,700 4,750 4,750

4,250 Thailand 4,280 4,400 4,600 4,280 4,630

3,300 Iran 3,700 4,350 4,472 4,600 4,600

2,900 Egypt 3,075 3,250 3,450 3,350 3,650

3,200 Russia 3,400 3,500 3,500 3,650 3,650

3,420 Japan 3,521 3,472 3,585 3,520 3,600

2,853 Argentina 2,996 3,127 3,280 3,400 3,400

2,700 Philippines 3,000 3,025 3,050 3,180 3,180

32,101 Other 33,791 34,869 36,589 37,626 37,696

221,304 Total 228,758 229,836 239,682 245,632 249,099

Ending Stocks none

3,320 Brazil 4,296 3,540 2,330 2,700 2,450

3,335 Argentina 2,475 1,743 1,613 1,813 1,613

363 United States 504 365 340 363 363

493 Vietnam 363 329 286 331 331

465 Egypt 602 231 324 243 328

5,735 Other 5,232 5,530 4,547 3,932 3,869

13,711 Total 13,472 11,738 9,440 9,382 8,954

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

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


Table 09: Soybean Oil: World Supply and Distribution


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

Jul

2020/21

Aug

2020/21

Production none

15,770 China 16,128 15,232 16,218 17,024 17,562

10,035 United States 10,783 10,976 11,254 11,356 11,460

7,755 Brazil 8,485 8,180 8,500 8,640 8,640

8,395 Argentina 7,236 7,910 7,910 8,385 8,385

2,736 European Union 2,841 2,964 3,040 2,983 2,983

1,620 India 1,386 1,728 1,512 1,692 1,710

820 Mexico 937 1,100 1,110 1,145 1,145

6,692 Other 7,292 7,582 8,029 7,814 7,979

53,823 Total 55,088 55,672 57,573 59,039 59,864

Imports none

3,534 India 2,984 3,000 3,350 3,236 3,236

711 China 481 783 800 1,000 1,000

674 Algeria 752 854 770 800 800

830 Bangladesh 859 1,017 800 800 800

497 Morocco 502 536 550 560 560

449 Peru 503 538 550 560 560

285 European Union 284 416 425 415 415

352 Colombia 344 343 360 370 370

306 Korea, South 276 328 360 340 340

257 Iran 213 346 265 280 280

3,076 Other 2,660 2,270 2,639 2,616 2,594

10,971 Total 9,858 10,431 10,869 10,977 10,955

Exports none

5,387 Argentina 4,164 5,261 5,600 6,000 6,000

1,159 United States 1,108 880 1,293 1,089 1,179

1,241 Brazil 1,511 1,079 1,025 1,050 1,050

819 European Union 902 788 800 825 825

681 Paraguay 702 653 665 672 672

529 Russia 568 572 635 600 600

338 Bolivia 380 390 370 375 375

1,203 Other 1,207 1,554 1,575 1,309 1,359

11,357 Total 10,542 11,177 11,963 11,920 12,060


16,350 China 16,500 15,885 16,786 17,732 18,370

9,010 United States 9,698 10,376 9,978 10,432 10,434

6,570 Brazil 6,940 7,165 7,450 7,600 7,600

5,150 India 4,670 4,750 4,854 4,900 4,936

2,215 European Union 2,225 2,455 2,465 2,605 2,665

2,985 Argentina 3,081 2,574 2,389 2,400 2,400

1,070 Mexico 1,120 1,230 1,280 1,320 1,320

1,010 Bangladesh 1,085 1,170 1,220 1,270 1,270

710 Algeria 730 760 775 785 785

610 Egypt 710 710 760 750 780

700 Iran 710 715 715 720 720

435 Peru 488 538 550 560 560

480 Morocco 510 520 540 555 555

470 Pakistan 485 490 505 530 530

450 Korea, South 470 505 515 520 520

5,078 Other 5,133 5,090 5,257 5,325 5,391

53,293 Total 54,555 54,933 56,039 58,004 58,836

Ending Stocks none

776 United States 905 805 935 932 941

670 China 568 501 558 600 600

291 Brazil 370 330 415 435 435

151 European Union 149 286 486 416 394

283 Argentina 274 349 270 295 255

1,811 Other 1,565 1,553 1,600 1,455 1,562

3,982 Total 3,831 3,824 4,264 4,133 4,187

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

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


Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2020/212019/202018/192020/212019/202018/192020/212019/202018/19

Exports

North America 12,624 12,768 12,607 1,063 1,468 1,339 52,934 49,156 61,683

Canada (Aug-Jul) 425 375 350 173 160 145 5,258 4,250 3,850

United States (Oct-Sep) 12,191 12,383 12,247 880 1,293 1,179 47,676 44,906 57,833

South America 48,929 49,705 50,105 7,446 7,725 8,167 91,367 110,848 99,848

Argentina (Oct-Sep) 28,832 28,000 29,650 5,261 5,600 6,000 9,104 9,500 7,500

Brazil (Oct-Sep) 16,093 17,500 16,300 1,079 1,025 1,050 74,594 93,500 84,000

Paraguay (Jan-Dec) 2,333 2,550 2,450 653 665 672 4,901 5,900 6,300

South Asia 2,189 1,455 1,875 8 8 8 165 110 175

India (Oct-Sep) 2,184 1,450 1,870 8 8 8 165 110 175

Other 3,539 3,765 3,141 2,660 2,762 2,546 3,946 4,522 3,780

World Total 67,281 67,693 67,728 11,177 11,963 12,060 148,412 164,636 165,486

Imports

European Union (Oct-Sep) 18,756 18,200 18,750 416 425 415 14,983 15,700 14,900

East Asia 3,531 3,755 3,787 1,308 1,348 1,537 89,843 105,507 106,602

China (Oct-Sep) 17 35 15 783 800 1,000 82,540 98,000 99,000

Japan (Oct-Sep) 1,596 1,700 1,700 13 10 12 3,314 3,390 3,410

Korea, South (Oct-Sep) 1,855 1,950 2,000 328 360 340 1,373 1,265 1,290

Taiwan (Oct-Sep) 26 30 30 0 0 0 2,614 2,850 2,900

Southeast Asia 16,724 17,181 17,502 242 273 274 8,325 9,091 9,426

Indonesia (Oct-Sep) 4,449 4,750 4,800 34 34 38 2,623 2,600 2,800

Malaysia (Oct-Sep) 1,278 1,400 1,425 83 110 100 747 810 850

Philippines (Jan-Dec) 2,929 2,950 3,095 62 65 71 150 180 240

Thailand (Sep-Aug) 2,889 2,800 2,800 1 1 1 3,155 3,600 3,590

Vietnam (Jan-Dec) 5,149 5,250 5,350 45 45 45 1,596 1,850 1,890

North America 3,474 3,519 3,463 357 340 362 7,422 6,858 7,058

Canada (Aug-Jul) 1,018 1,050 1,100 23 23 23 1,172 450 550

Mexico (Sep-Aug) 1,836 1,925 2,000 154 170 180 5,867 6,000 6,100

South America 5,452 5,530 5,710 1,146 1,240 1,246 7,662 5,734 5,364

Brazil (Oct-Sep) 22 25 25 24 60 30 140 340 150

Colombia (Oct-Sep) 1,433 1,500 1,550 343 360 370 619 660 700

Central America 1,287 1,375 1,422 168 187 197 263 315 342

Caribbean 1,084 1,090 1,145 305 328 324 119 130 140

Middle East 5,569 5,495 5,748 434 358 392 5,727 6,255 6,225

Iran (Oct-Sep) 2,788 2,550 2,400 346 265 280 2,346 2,230 2,350

Israel (Oct-Sep) 182 200 200 8 10 9 392 415 420

Syria (Jan-Dec) 12 15 18 5 2 6 15 15 15

Turkey (Oct-Sep) 724 700 920 0 0 0 2,405 2,975 2,800

North Africa 2,231 2,510 2,720 1,560 1,660 1,635 3,921 5,220 4,760

Egypt (Oct-Sep) 195 150 420 94 250 180 3,380 4,500 4,000

Other 3,942 4,171 4,277 4,495 4,710 4,573 6,349 7,471 7,676

World Total 62,050 62,826 64,524 10,431 10,869 10,955 144,614 162,281 162,493


Table 11: Palm Oil: World Supply and Distribution


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

Jul

2020/21

Aug

2020/21

Production none

36,000 Indonesia 39,500 41,500 42,500 43,500 43,500

18,858 Malaysia 19,683 20,800 19,000 19,300 19,700

2,500 Thailand 2,780 3,000 2,800 3,100 3,100

1,146 Colombia 1,627 1,632 1,529 1,670 1,670

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

5,845 Other 5,960 6,077 5,927 6,013 6,013

65,339 Total 70,575 74,024 72,771 74,598 74,998

Imports none

9,341 India 8,608 9,710 8,850 9,200 9,200

4,881 China 5,320 6,795 6,200 6,400 6,600

7,217 European Union 7,079 7,297 6,650 6,350 6,350

3,075 Pakistan 3,093 3,175 3,175 3,450 3,450

1,347 Bangladesh 1,637 1,569 1,550 1,650 1,650

1,367 United States 1,527 1,526 1,531 1,500 1,500

1,165 Philippines 1,167 1,055 1,130 1,225 1,225

1,323 Egypt 1,095 1,023 1,075 1,200 1,200

809 Burma 847 945 900 980 980

767 Kenya 764 915 920 960 960

14,685 Other 15,369 16,324 15,452 16,281 16,281

45,977 Total 46,506 50,334 47,433 49,196 49,396

Exports none

27,633 Indonesia 26,967 28,279 27,500 28,750 28,750

16,313 Malaysia 16,472 18,362 16,500 16,725 17,025

724 Guatemala 802 828 810 810 810

502 Colombia 697 677 770 775 775

664 Papua New Guinea 684 720 565 570 570

3,052 Other 3,031 2,634 2,757 2,739 2,739

48,888 Total 48,653 51,500 48,902 50,369 50,669


9,125 Indonesia 11,565 13,721 13,680 14,875 14,875

9,350 India 9,270 9,805 9,160 9,430 9,430

4,750 China 5,100 7,012 6,125 6,445 6,545

6,900 European Union 6,950 6,960 6,770 6,500 6,500

2,622 Malaysia 3,238 3,573 3,275 3,525 3,625

2,995 Pakistan 3,145 3,245 3,290 3,400 3,400

2,135 Thailand 2,343 2,640 2,586 2,750 2,750

1,364 Bangladesh 1,580 1,600 1,600 1,650 1,650

1,355 United States 1,563 1,496 1,522 1,495 1,495

1,240 Nigeria 1,290 1,390 1,390 1,400 1,400

1,220 Philippines 1,250 1,260 1,220 1,250 1,250

1,150 Egypt 1,155 1,175 1,150 1,175 1,175

965 Colombia 1,030 1,085 1,155 1,165 1,165

800 Burma 850 900 940 990 990

835 Russia 915 900 890 870 955

14,793 Other 15,727 16,290 16,634 17,203 17,203

61,599 Total 66,971 73,052 71,387 74,123 74,408

Ending Stocks none

2,110 Indonesia 3,079 2,663 3,993 3,868 3,868

2,016 Malaysia 2,529 2,449 2,374 1,974 2,224

276 Thailand 368 464 400 427 427

307 China 495 247 292 217 317

608 European Union 591 812 547 297 297

4,256 Other 3,968 4,201 3,145 3,050 2,935

9,573 Total 11,030 10,836 10,751 9,833 10,068


Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2020/212019/202018/192020/212019/202018/192020/212019/202018/19

Production

China (Oct-Sep) 9,722 9,117 9,029 6,425 6,026 5,967 13,281 13,100 13,200

India (Oct-Sep) 4,100 4,170 4,050 2,622 2,660 2,584 8,000 7,700 7,650

Canada (Aug-Jul) 5,203 5,600 5,450 4,048 4,350 4,240 20,343 19,000 19,000

Japan (Oct-Sep) 1,333 1,295 1,295 1,045 1,000 1,000 4 4 4

European Union (Jul-Jun) 13,395 12,968 12,711 9,823 9,509 9,322 20,061 16,831 16,800

Other 5,358 5,950 5,855 3,709 4,142 4,068 10,917 11,563 11,460

World Total 39,111 39,100 38,390 27,672 27,687 27,181 72,606 68,198 68,114

Imports

China (Oct-Sep) 1,437 1,800 1,400 1,507 1,700 1,600 3,486 2,750 2,500

India (Oct-Sep) 0 0 0 62 40 58 0 0 0

Canada (Aug-Jul) 6 5 5 16 15 14 146 155 150

Japan (Oct-Sep) 7 7 7 28 45 45 2,384 2,320 2,300

European Union (Jul-Jun) 514 400 440 246 295 200 4,230 6,300 5,700

Other 4,883 5,185 5,127 3,014 3,116 3,245 4,074 4,220 4,327

World Total 6,847 7,397 6,979 4,873 5,211 5,162 14,320 15,745 14,977

Exports

China (Oct-Sep) 11 18 15 15 5 10 0 0 0

India (Oct-Sep) 876 825 800 4 3 3 0 0 0

Canada (Aug-Jul) 4,642 5,000 4,770 3,155 3,400 3,400 9,202 10,000 9,800

Japan (Oct-Sep) 0 6 0 1 1 1 0 0 0

European Union (Jul-Jun) 447 450 325 208 280 225 89 50 20

Other 870 1,071 1,032 1,577 1,791 1,637 5,015 5,597 5,268

World Total 6,846 7,370 6,942 4,960 5,480 5,276 14,306 15,647 15,088

Domestic Consumption

China (Oct-Sep) 11,148 10,899 10,414 8,387 8,153 7,646 16,925 15,900 15,750

India (Oct-Sep) 3,225 3,340 3,300 2,730 2,705 2,730 7,900 7,950 7,750

Canada (Aug-Jul) 614 645 665 995 1,015 1,020 9,955 10,655 10,400

Japan (Oct-Sep) 1,330 1,305 1,300 1,065 1,045 1,045 2,411 2,305 2,305

European Union (Jul-Jun) 13,325 13,000 12,950 9,710 9,390 9,425 24,400 23,550 23,000

Other 9,448 9,912 10,010 5,267 5,504 5,696 9,958 10,597 10,597

World Total 39,090 39,101 38,639 28,154 27,812 27,562 71,549 70,957 69,802

Ending Stocks

China (Oct-Sep) 0 0 0 1,271 839 750 1,195 1,145 1,095

India (Oct-Sep) 446 451 401 218 210 119 469 219 119

Canada (Aug-Jul) 70 30 50 401 351 185 3,831 2,331 1,281

Japan (Oct-Sep) 74 65 67 29 28 27 179 198 197

European Union (Jul-Jun) 348 266 142 409 543 415 1,630 1,161 641

Other 167 319 259 392 355 335 1,729 1,318 1,240

World Total 1,105 1,131 919 2,720 2,326 1,831 9,033 6,372 4,573


Table 13: Sunflowerseed and Products: World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2020/212019/202018/192020/212019/202018/192020/212019/202018/19

Production

Argentina (Mar-Feb) 3,825 3,300 4,000 1,435 1,360 1,440 1,425 1,350 1,413

Russia (Sep-Aug) 12,710 15,305 14,000 4,860 5,615 5,375 4,875 5,648 5,410

Turkey (Sep-Aug) 1,800 1,750 1,680 1,280 1,429 1,334 1,022 1,141 1,065

Ukraine (Sep-Aug) 15,000 16,500 17,500 6,112 6,773 7,021 6,364 7,055 7,310

European Union (Oct-Sep) 9,505 9,610 9,900 4,700 4,671 4,779 3,670 3,655 3,735

Other 7,752 8,578 8,720 2,318 2,728 2,803 2,022 2,325 2,365

World Total 50,592 55,043 55,800 20,705 22,576 22,752 19,378 21,174 21,298

Imports

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

Russia (Sep-Aug) 52 55 15 10 15 15 10 2 20

Turkey (Sep-Aug) 1,027 1,150 975 910 900 1,150 533 580 550

Ukraine (Sep-Aug) 23 30 25 5 9 3 0 0 0

European Union (Oct-Sep) 545 875 420 3,670 3,550 3,450 1,966 2,150 1,970

Other 894 1,029 1,106 3,227 3,896 3,548 6,878 8,022 7,843

World Total 2,542 3,139 2,541 7,822 8,370 8,166 9,387 10,754 10,383

Exports


Russia (Sep-Aug) 358 1,350 350 1,573 1,900 1,500 2,651 3,500 3,150

Turkey (Sep-Aug) 51 75 60 23 20 24 436 525 400

Ukraine (Sep-Aug) 104 60 150 4,808 5,150 5,200 6,063 6,350 6,600

European Union (Oct-Sep) 611 450 600 387 430 410 486 540 520

Other 1,763 1,717 1,660 346 350 333 685 613 620

World Total 3,060 3,827 2,995 8,020 8,575 8,292 11,174 12,218 12,040


Argentina (Mar-Feb) 3,656 3,475 3,650 600 610 620 637 642 647

Russia (Sep-Aug) 12,350 14,125 13,600 3,400 3,750 3,925 2,150 2,265 2,225

Turkey (Sep-Aug) 2,527 2,812 2,632 2,150 2,250 2,485 1,095 1,120 1,190

Ukraine (Sep-Aug) 14,950 16,540 17,175 1,350 1,525 1,800 540 545 560

European Union (Oct-Sep) 9,765 9,730 9,930 7,860 7,910 7,885 5,063 5,123 5,198

Other 7,008 7,835 8,142 5,256 6,257 5,998 8,584 9,711 9,754

World Total 50,256 54,517 55,129 20,616 22,302 22,713 18,069 19,406 19,574

Ending Stocks


Russia (Sep-Aug) 233 118 183 200 180 145 193 78 133

Turkey (Sep-Aug) 300 313 276 225 284 259 47 123 148

Ukraine (Sep-Aug) 141 71 271 293 400 424 40 200 350


Other 512 567 591 85 102 122 844 867 701

World Total 2,512 2,350 2,567 1,237 1,306 1,219 1,630 1,934 2,001


Table 14: Minor Vegetable Oils: World Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2020/212019/202018/192020/212019/202018/192020/212019/202018/19

Production

China (Oct-Sep) 2,928 3,168 2,928 1,374 1,356 1,339 4 5 5

India (Oct-Sep) 1,090 1,139 1,205 1,225 1,390 1,390 nr nr nr

Turkey (Nov-Oct) 7 7 7 215 202 173 183 235 190

United States (Aug-Jul) 99 115 116 207 216 222 16 16 16

European Union (Oct-Sep) 13 13 13 46 55 53 2,400 2,000 2,050

Other 1,725 1,749 1,761 1,900 1,894 1,816 647 859 771

World Total 5,862 6,191 6,030 4,967 5,113 4,993 3,250 3,115 3,032

Imports

China (Oct-Sep) 172 185 225 0 0 0 50 55 55

India (Oct-Sep) 0 0 0 0 2 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 0 0 0 24 30 25



Other 25 25 25 89 95 92 386 384 367

World Total 294 285 343 90 98 93 994 1,079 1,002

Exports

China (Oct-Sep) 9 12 10 4 2 2 0 0 0


Turkey (Nov-Oct) 0 0 0 8 10 3 58 60 55



Other 284 274 285 60 58 55 245 333 275

World Total 310 340 344 111 112 106 1,038 1,119 1,065


China (Oct-Sep) 3,091 3,341 3,143 1,370 1,354 1,337 54 60 60

India (Oct-Sep) 1,150 1,170 1,190 1,227 1,385 1,395 nr nr nr

Turkey (Nov-Oct) 7 7 7 210 191 178 175 177 175


European Union (Oct-Sep) 79 80 79 46 55 53 1,495 1,520 1,570

Other 1,501 1,512 1,516 1,964 1,925 1,883 828 851 875

World Total 5,950 6,219 6,069 4,985 5,081 5,023 2,916 3,003 3,066

Ending Stocks

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


Turkey (Nov-Oct) 0 0 0 13 14 6 8 36 21



Other 85 73 58 59 65 35 150 209 197

World Total 417 334 294 107 125 82 980 1,052 955


Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

393.15 31.9291.74560.7190.4177.16220.36 2007/08 403.28 65.69

399.75 33.7894.15559.9894.5465.69230.88 2008/09 405.31 60.52

447.24 34.61107.60610.38102.6260.52235.73 2009/10 425.41 77.36

460.50 35.86108.32642.87105.0177.36245.74 2010/11 446.02 88.53

446.78 36.07110.97648.59113.2888.53248.81 2011/12 465.85 71.76

474.65 36.44118.11661.23114.8171.76256.67 2012/13 471.15 71.97

503.38 37.25133.77709.02133.6771.97260.95 2013/14 494.22 81.03

538.73 38.79147.20763.25143.4981.03267.41 2014/15 520.80 95.25

524.39 40.20153.37773.31153.6795.25265.24 2015/16 526.48 93.46

574.80 41.67170.64834.56166.2993.46268.36 2016/17 554.66 109.26

581.90 42.77176.36866.06174.90109.26281.22 2017/18 572.77 116.93

599.76 43.76170.38882.48165.78116.93282.61 2018/19 580.41 131.69

577.20 44.74189.62895.25186.37131.69279.92 2019/20 594.72 110.91

610.42 46.00188.54906.07184.74110.91283.84 2020/21 609.25 108.28

Major Protein Meals

231.90 0.2972.93312.7570.5310.31nr 2007/08 229.40 10.41

230.08 0.3270.15308.8468.3610.41nr 2008/09 230.14 8.55

244.47 0.4072.70323.4170.398.55nr 2009/10 240.53 10.18

257.27 0.3377.88342.5175.0710.18nr 2010/11 251.67 12.97

267.40 0.4081.10359.5679.1912.97nr 2011/12 263.83 14.64

269.15 0.4379.37358.6074.8114.64nr 2012/13 266.36 12.87

282.56 0.4483.34375.6080.1612.87nr 2013/14 277.88 14.38

300.42 0.4586.38396.7281.9214.38nr 2014/15 292.62 17.71

305.30 0.4887.04405.7582.7417.71nr 2015/16 301.70 17.01

320.15 0.5188.29420.6683.5017.01nr 2016/17 315.45 16.93

331.18 0.5989.21432.9084.7916.93nr 2017/18 326.65 17.05

332.62 0.6793.72437.5887.9117.05nr 2018/19 328.88 14.98

344.16 0.6994.84448.8689.7214.98nr 2019/20 341.22 12.80

352.72 0.7194.33456.4190.8912.80nr 2020/21 350.07 12.01

Major Vegetable Oils

129.98 99.5554.45194.5049.9914.5314.73 2007/08 125.14 14.92

135.20 103.2956.65203.7553.6414.9215.61 2008/09 131.25 15.86

142.48 107.8158.85213.9955.6515.8616.46 2009/10 138.50 16.63

149.10 109.8560.81222.7857.0516.6317.50 2010/11 142.50 19.48

158.10 115.7064.85239.4461.8619.4818.47 2011/12 151.48 23.10

161.26 120.7468.39249.7865.4223.1019.12 2012/13 158.21 23.18

171.54 125.3070.26261.8567.1323.1819.98 2013/14 166.12 25.47

177.12 130.9676.59273.4870.8925.4720.78 2014/15 170.50 26.39

176.54 135.4073.79273.5570.6226.3921.74 2015/16 177.56 22.20

188.85 139.7881.25286.5375.4822.2022.41 2016/17 183.38 21.90

198.72 144.3880.03296.0475.4221.9023.26 2017/18 192.86 23.16

203.44 148.1785.67307.8581.2623.1623.75 2018/19 200.24 21.95

205.99 149.9885.30308.3580.4221.9524.27 2019/20 200.97 22.08

209.88 154.1486.74314.2382.2622.0824.63 2020/21 206.95 20.54

Based on the aggregate of different marketing years


Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

219.23 202.5878.70362.6778.6264.8291.10 2007/08 229.61 54.36

212.23 194.8276.71344.4677.8754.3696.57 2008/09 222.41 45.34

260.97 210.4892.06393.8287.5145.34102.75 2009/10 239.16 62.60

264.73 222.1991.58417.0889.7562.60103.63 2010/11 252.51 72.99

240.83 229.1991.77408.4894.6572.99103.15 2011/12 259.25 57.45

268.96 231.87100.38423.6297.2157.45110.29 2012/13 265.15 58.09

283.20 242.96112.74454.45113.1658.09112.91 2013/14 277.89 63.82

320.59 264.70126.23508.65124.2463.82118.74 2014/15 303.74 78.69

316.26 275.06132.59528.42133.4878.69120.45 2015/16 315.95 79.88

349.47 287.65147.56573.62144.2779.88119.56 2016/17 331.04 95.02

341.53 294.39153.08589.77153.2395.02124.34 2017/18 337.71 98.99

360.21 297.33148.41603.82144.6198.99125.17 2018/19 342.55 112.86

337.28 307.95164.64612.42162.28112.86122.77 2019/20 351.93 95.85

370.40 320.08165.49628.74162.4995.85126.87 2020/21 367.90 95.36

Meal, Soybean

158.96 202.6056.50221.2754.887.43nr 2007/08 156.99 7.77

153.05 194.9053.27212.4151.597.77nr 2008/09 153.83 5.31

165.78 210.5655.94224.5853.485.31nr 2009/10 161.71 6.93

175.00 222.2858.89238.7856.856.93nr 2010/11 170.56 9.34

180.94 229.3058.71247.2957.029.34nr 2011/12 177.87 10.72

182.30 232.1058.39247.2154.1910.72nr 2012/13 179.00 9.82

190.53 243.2160.67258.1057.769.82nr 2013/14 186.51 10.93

208.45 264.9864.41279.8260.4410.93nr 2014/15 201.37 14.03

215.93 275.4565.56292.0062.0414.03nr 2015/16 212.83 13.61

225.83 288.1764.60299.6260.1813.61nr 2016/17 221.30 13.71

232.29 295.1964.90307.1361.1313.71nr 2017/18 228.76 13.47

233.33 298.2067.28308.8662.0513.47nr 2018/19 229.84 11.74

242.25 308.8767.69316.8262.8311.74nr 2019/20 239.68 9.44

251.82 321.0567.73325.7864.529.44nr 2020/21 249.10 8.95

Oil, Soybean

37.78 202.5810.8852.1310.304.05nr 2007/08 37.28 3.97

36.16 194.829.2249.149.013.97nr 2008/09 36.32 3.60

38.97 210.489.2351.068.493.60nr 2009/10 38.14 3.70

41.47 222.199.6854.569.383.70nr 2010/11 40.43 4.44

42.83 229.198.5755.288.014.44nr 2011/12 42.42 4.30

43.36 231.979.3956.188.524.30nr 2012/13 42.55 4.23

45.26 243.059.4958.779.284.23nr 2013/14 45.28 4.00

49.29 264.8011.1863.3210.034.00nr 2014/15 47.65 4.49

51.56 275.2111.8267.7511.704.49nr 2015/16 52.09 3.84

53.82 287.8711.3668.6310.973.84nr 2016/17 53.29 3.98

55.09 294.6210.5468.939.863.98nr 2017/18 54.56 3.83

55.67 297.5811.1869.9310.433.83nr 2018/19 54.93 3.82

57.57 308.2311.9672.2710.873.82nr 2019/20 56.04 4.26

59.86 320.3812.0675.0810.964.26nr 2020/21 58.84 4.19

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


Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

49.15 0.358.1861.917.575.2029.15 2007/08 49.20 4.53

58.17 0.4012.2074.8412.154.5331.20 2008/09 54.99 7.66

60.79 0.4210.9079.2610.817.6630.65 2009/10 59.66 8.70

60.52 0.4510.9379.4010.188.7033.58 2010/11 59.79 8.68

61.23 0.4512.9983.1513.248.6833.30 2011/12 63.34 6.83

63.31 0.4712.5782.9712.836.8335.79 2012/13 64.89 5.50

70.63 0.4915.1091.6815.555.5035.70 2013/14 68.82 7.77

70.42 0.5515.1192.5114.327.7735.03 2014/15 70.11 7.29

68.74 0.6514.3590.1814.157.2933.30 2015/16 69.58 6.25

69.49 0.6515.8091.2515.516.2533.42 2016/17 70.31 5.14

75.02 0.6516.2095.6315.475.1436.54 2017/18 71.48 7.96

72.61 0.6514.3194.8914.327.9636.81 2018/19 71.55 9.03

68.20 0.6515.6592.9815.759.0334.75 2019/20 70.96 6.37

68.11 0.6515.0989.4614.986.3734.72 2020/21 69.80 4.57

Meal, Rapeseed

27.22 0.003.9331.853.880.75nr 2007/08 27.27 0.64

30.36 0.003.7534.783.770.64nr 2008/09 30.22 0.80

32.90 0.003.6337.593.880.80nr 2009/10 32.71 1.25

33.39 0.005.2839.975.331.25nr 2010/11 33.64 1.06

34.92 0.005.5641.545.561.06nr 2011/12 34.88 1.10

35.97 0.005.7042.695.611.10nr 2012/13 36.00 0.99

38.32 0.006.3545.816.500.99nr 2013/14 38.52 0.94

38.72 0.006.0745.666.010.94nr 2014/15 38.59 1.00

38.60 0.005.6945.325.721.00nr 2015/16 38.51 1.11

38.81 0.005.9945.835.901.11nr 2016/17 38.80 1.03

39.48 0.006.3946.756.241.03nr 2017/18 39.28 1.08

39.11 0.006.8547.046.851.08nr 2018/19 39.09 1.11

39.10 0.007.3747.607.401.11nr 2019/20 39.10 1.13

38.39 0.006.9446.506.981.13nr 2020/21 38.64 0.92

Oil, Rapeseed

18.95 13.521.9121.812.050.81nr 2007/08 18.80 1.10

21.33 14.412.4724.912.481.10nr 2008/09 20.99 1.45

23.23 15.232.7527.632.961.45nr 2009/10 22.75 2.13

23.41 15.663.4328.923.382.13nr 2010/11 23.20 2.28

24.72 16.423.9831.084.082.28nr 2011/12 23.79 3.30

25.39 16.473.9532.633.943.30nr 2012/13 23.73 4.94

27.02 17.763.8335.773.814.94nr 2013/14 25.67 6.27

27.41 18.764.0737.633.956.27nr 2014/15 26.93 6.63

27.34 19.904.1738.094.126.63nr 2015/16 28.27 5.66

27.55 20.334.5037.604.405.66nr 2016/17 28.90 4.20

28.05 20.274.6136.764.504.20nr 2017/18 28.86 3.29

27.67 20.084.9635.834.873.29nr 2018/19 28.15 2.72

27.69 20.015.4835.625.212.72nr 2019/20 27.81 2.33

27.18 19.705.2834.675.162.33nr 2020/21 27.56 1.83

Based on the aggregate of different marketing years.


Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Exports Domestic

Consumpti

Ending

Stocks


27.62 3.7227.751.461.294.0221.44 2007/08

33.12 3.8532.762.151.923.7223.89 2008/09

31.59 2.6032.861.551.563.8522.97 2009/10

32.75 2.2632.931.781.622.6023.09 2010/11

38.71 2.5438.201.931.702.2624.64 2011/12

34.94 2.7834.611.451.362.5423.60 2012/13

41.11 3.2440.321.961.622.7824.02 2013/14

39.25 2.9439.451.661.563.2423.11 2014/15

40.71 2.8040.702.011.872.9423.47 2015/16

48.23 3.4147.352.472.192.8025.92 2016/17

47.85 2.6948.192.522.153.4125.92 2017/18

50.59 2.5150.263.062.542.6925.80 2018/19

55.04 2.3554.523.833.142.5126.37 2019/20

55.80 2.5755.133.002.542.3526.89 2020/21

Meal, Sunflowerseed

11.26 0.3010.843.312.960.24nr 2007/08

13.08 0.8112.474.304.200.30nr 2008/09

13.42 1.0012.834.093.690.81nr 2009/10

13.31 1.0712.724.574.061.00nr 2010/11

15.60 1.7014.606.806.421.07nr 2011/12

14.15 0.8014.835.134.931.70nr 2012/13

16.70 1.3515.706.225.760.80nr 2013/14

16.15 1.4815.685.875.531.35nr 2014/15

16.53 1.4016.326.245.951.48nr 2015/16

19.40 1.2319.107.436.971.40nr 2016/17

19.95 1.3519.416.986.561.23nr 2017/18

20.71 1.2420.628.027.821.35nr 2018/19

22.58 1.3122.308.588.371.24nr 2019/20

22.75 1.2222.718.298.171.31nr 2020/21

Oil, Sunflowerseed

10.26 1.209.513.532.781.20nr 2007/08

11.89 1.9410.754.554.151.20nr 2008/09

12.12 1.9211.454.503.811.94nr 2009/10

12.08 1.8511.314.543.701.92nr 2010/11

14.35 3.0512.496.485.831.85nr 2011/12

12.86 2.3313.175.575.163.05nr 2012/13

15.55 3.0014.057.806.972.33nr 2013/14

14.96 2.6014.147.406.183.00nr 2014/15

15.40 1.9015.018.117.032.60nr 2015/16

18.19 2.2016.3310.448.881.90nr 2016/17

18.53 2.1117.369.988.712.20nr 2017/18

19.38 1.6318.0711.179.392.11nr 2018/19

21.17 1.9319.4112.2210.751.63nr 2019/20

21.30 2.0019.5712.0410.381.93nr 2020/21

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


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

Million Metric Tons

Beginning

Stocks


Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

29.83 29.408.8532.4977.2641.455.99 2007/08 38.82 5.95

33.02 32.019.6335.0083.4744.495.95 2008/09 42.29 6.18

34.56 33.8310.0636.3387.1246.386.18 2009/10 44.49 6.30

35.35 34.1810.7337.3490.8649.216.30 2010/11 45.48 8.04

38.46 36.6712.4739.8599.0552.558.04 2011/12 49.78 9.42

41.97 40.0314.6543.05107.7556.379.42 2012/13 55.33 9.37

41.82 40.8616.2143.14110.4759.289.37 2013/14 57.71 9.63

44.61 43.0414.3347.37116.0261.789.63 2014/15 58.00 10.65

42.42 42.6016.1443.87111.9958.9210.65 2015/16 59.38 8.74

45.98 44.5716.3748.89120.0665.348.74 2016/17 61.60 9.57

46.51 46.6819.6048.65126.6570.589.57 2017/18 66.97 11.03

50.33 49.5922.7751.50135.3974.0211.03 2018/19 73.05 10.84

47.43 48.4722.1948.90131.0472.7710.84 2019/20 71.39 10.75

49.40 50.4123.3850.67135.1575.0010.75 2020/21 74.41 10.07

Oil, Coconut

1.91 1.781.521.935.813.410.49 2007/08 3.33 0.55

1.67 1.661.571.485.603.370.55 2008/09 3.26 0.86

2.30 2.081.712.076.653.490.86 2009/10 3.83 0.75

1.78 1.861.671.806.143.610.75 2010/11 3.57 0.77

1.83 1.921.551.866.013.410.77 2011/12 3.51 0.64

1.89 1.991.701.936.163.630.64 2012/13 3.72 0.52

1.74 1.741.551.915.653.400.52 2013/14 3.33 0.40

1.82 1.741.511.945.603.380.40 2014/15 3.29 0.38

1.60 1.671.541.595.323.340.38 2015/16 3.24 0.49

1.49 1.571.611.765.393.410.49 2016/17 3.21 0.42

1.70 1.691.701.735.793.670.42 2017/18 3.43 0.64

1.82 1.741.752.116.203.740.64 2018/19 3.53 0.56

1.81 1.821.711.905.963.600.56 2019/20 3.56 0.50

1.88 1.861.791.885.963.580.50 2020/21 3.68 0.41

Meal, Fish

3.17 0.000.052.949.275.140.97 2007/08 5.50 0.83

3.26 0.000.053.089.295.200.83 2008/09 5.51 0.71

2.76 0.000.052.417.714.240.71 2009/10 5.03 0.28

2.77 0.000.052.698.605.550.28 2010/11 5.22 0.69

3.05 0.000.052.808.444.710.69 2011/12 5.36 0.28

2.47 0.000.052.327.594.840.28 2012/13 4.81 0.45

2.74 0.000.052.477.644.450.45 2013/14 4.94 0.23

2.50 0.000.052.287.414.690.23 2014/15 4.87 0.26

2.44 0.000.052.217.224.510.26 2015/16 4.73 0.27

3.02 0.000.052.538.164.870.27 2016/17 5.38 0.26

2.98 0.000.052.588.004.760.26 2017/18 5.17 0.26

3.02 0.000.052.568.044.760.26 2018/19 5.22 0.26

2.98 0.000.052.658.094.850.26 2019/20 5.20 0.25

3.05 0.000.052.678.164.870.25 2020/21 5.27 0.22

Based on the aggregate of different marketing years.


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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Major Oilseeds

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

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

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

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

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

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

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

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

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

126,942 56,25760,084135,3121,5026,86839,247 2016/17 65,627 9,601

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

130,716 61,03348,816145,6591,11613,82741,328 2018/19 70,303 26,540

106,997 62,96046,178134,7301,19326,54036,875 2019/20 70,132 18,420

130,785 63,55858,982150,3811,17618,42039,276 2020/21 73,179 18,220

Major Protein Meals

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

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

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

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

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

38,593 50,25010,46042,3223,393336nr 2012/13 31,548 314

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

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

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

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

47,027 60,16813,00551,1713,736408nr 2017/18 37,603 563

46,522 61,03312,49751,0203,935563nr 2018/19 38,101 422

48,572 62,96012,68553,1934,199422nr 2019/20 40,106 402

49,070 63,55812,54753,3153,843402nr 2020/21 40,343 425

Major Vegetable Oils

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

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

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

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

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

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

10,425 51,4551,11615,5854,0161,1440 2013/14 13,498 971

10,938 55,1081,17416,1394,2309710 2014/15 13,679 1,286

11,210 55,0551,24817,0234,5271,2860 2015/16 14,573 1,202

11,434 56,2571,41617,3674,7311,2020 2016/17 14,720 1,231

12,109 60,1681,34218,1234,7831,2310 2017/18 15,542 1,239

12,196 61,0331,09218,1364,7011,2390 2018/19 15,884 1,160

12,573 62,9601,50718,7174,9841,1600 2019/20 15,903 1,307

12,794 63,5581,39219,0844,9831,3070 2020/21 16,380 1,312

Based on the aggregate of different marketing years


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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

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

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

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

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

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

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

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

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

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

116,931 51,74258,964122,8916065,35433,470 2016/17 55,719 8,208

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

120,515 56,93547,676132,82138311,92335,448 2018/19 60,405 24,740

96,676 58,78644,906121,82440824,74030,332 2019/20 60,188 16,730

120,423 59,33057,833137,56140816,73033,597 2020/21 63,136 16,592

Meal, Soybean

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

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

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

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

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

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

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

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

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

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

44,657 55,92612,71745,458438363nr 2017/18 32,237 504

44,283 56,93512,19145,407620504nr 2018/19 32,851 365

46,197 58,78612,38347,106544365nr 2019/20 34,383 340

46,652 59,33012,24747,355363340nr 2020/21 34,745 363

Oil, Soybean

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

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

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

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

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

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

9,131 47,1928529,95775751nr 2013/14 8,577 528

9,706 50,97591410,354120528nr 2014/15 8,599 841

9,956 51,3351,01710,927130841nr 2015/16 9,145 765

10,035 51,7421,15910,945145765nr 2016/17 9,010 776

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

10,976 56,93588012,061180905nr 2018/19 10,376 805

11,254 58,7861,29312,206147805nr 2019/20 9,978 935

11,460 59,3301,17912,554159935nr 2020/21 10,434 941

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

Oil are on an October/September MY.


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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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

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

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

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

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

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

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

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

96,500 39,96752,100103,3803626,51833,300 2015/16 42,517 8,763

114,600 42,16168,807123,6302678,76333,900 2016/17 44,711 10,112

122,000 43,38983,729132,29718510,11235,150 2017/18 45,616 2,952

119,000 43,51073,445122,0971452,95235,900 2018/19 45,752 2,900

126,000 44,00081,000129,2353352,90036,900 2019/20 46,245 1,990

131,000 45,00084,000133,1401501,99038,300 2020/21 47,250 1,890

Meal, Soybean (Local)

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

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

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

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

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

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

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

31,220 40,33915,10634,491163,255nr 2014/15 15,900 3,485

30,930 39,96714,65134,442273,485nr 2015/16 16,700 3,091

32,680 42,16113,91535,809383,091nr 2016/17 17,100 4,794

33,620 43,38916,78038,426124,794nr 2017/18 17,500 4,146

33,640 43,51016,46237,808224,146nr 2018/19 17,864 3,482

34,100 44,00017,12537,608263,482nr 2019/20 18,097 2,386

34,900 45,00016,30037,311252,386nr 2020/21 18,600 2,411

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

8,090 42,1611,3238,61251471nr 2016/17 6,887 402

8,325 43,3891,4098,76841402nr 2017/18 6,990 369

8,330 43,5101,0148,73435369nr 2018/19 7,220 500

8,450 44,0001,0709,00050500nr 2019/20 7,510 420

8,640 45,0001,0509,09030420nr 2020/21 7,600 440

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

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


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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

37,800 36,3593,84155,9977,25610,94116,300 2017/18 43,056 9,100

55,300 40,92910,25568,1893,7899,10016,600 2018/19 47,824 10,110

49,700 40,5007,00064,0104,20010,11016,900 2019/20 47,650 9,360

53,500 43,0007,50066,8604,0009,36017,300 2020/21 50,260 9,100

Meal, Soybean (Local)

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

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

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

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

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

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

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

34,737 45,11031,87339,15414,416nr 2014/15 2,524 4,757

33,102 43,04230,98437,85904,757nr 2015/16 2,756 4,119

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

27,950 36,35925,84831,33513,384nr 2017/18 3,137 2,350

31,450 40,92928,92133,827272,350nr 2018/19 3,227 1,679

31,150 40,50028,00032,82901,679nr 2019/20 3,350 1,479

33,050 43,00029,65034,52901,479nr 2020/21 3,400 1,479

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

7,150 36,3594,5677,6230473nr 2017/18 2,760 296

8,000 40,9295,1068,2960296nr 2018/19 2,575 615

7,910 40,5005,6008,5250615nr 2019/20 2,400 525

8,385 43,0006,0008,9100525nr 2020/21 2,415 495

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

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


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


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

Jul

2020/21

Aug

2020/21

none

Production none

4,251 Oilseed, Copra 4,626 4,656 4,552 4,465 4,465

15,058 Oilseed, Palm Kernel 16,274 16,954 16,920 17,190 17,290

879 Oilseed, Soybean 835 802 750 740 740

3,850 Other 3,871 3,802 3,564 3,734 3,734

24,038 Total 25,606 26,214 25,786 26,129 26,229

none


881 Meal, Fish 882 922 920 931 931

387 Meal, Rapeseed 485 634 515 681 620

18,755 Meal, Soybean 19,732 19,814 20,265 20,251 20,601

3,366 Other 3,531 3,726 3,938 3,978 4,013

23,389 Total 24,630 25,096 25,638 25,841 26,165

none

SME none

1,275 Meal, Fish 1,274 1,332 1,329 1,345 1,345

275 Meal, Rapeseed 345 451 366 485 441

18,665 Meal, Soybean 19,622 19,694 20,145 20,131 20,481

1,720 Other 1,785 1,851 1,949 1,964 1,979

21,935 Total 23,027 23,328 23,789 23,925 24,246

none

Imports none

310 Meal, Fish 332 335 323 335 335

359 Meal, Rapeseed 517 629 494 680 620

16,165 Meal, Soybean 17,210 16,724 17,181 17,502 17,502

750 Other 750 941 1,009 1,054 1,054

17,584 Total 18,809 18,629 19,007 19,571 19,511

none

Industrial Dom. Cons. none

6,801 Oil, Palm 9,705 12,190 12,071 13,040 13,090

0 Oil, Rapeseed 0 0 0 0 0

46 Oil, Soybean 49 54 54 54 54

0 Oil, Sunflowerseed 0 0 0 0 0

4,291 Other 4,712 4,958 4,923 5,063 5,063

11,138 Total 14,466 17,202 17,048 18,157 18,207

none

Food Use Dom. Cons. none

9,790 Oil, Palm 10,234 10,622 10,375 11,113 11,163

31 Oil, Rapeseed 18 13 13 13 13

672 Oil, Soybean 606 671 751 718 774


1,491 Other 1,568 1,626 1,665 1,711 1,711

12,115 Total 12,572 13,088 12,955 13,711 13,817

none


16,954 Oil, Palm 20,322 23,194 22,838 24,550 24,650

31 Oil, Rapeseed 18 13 13 13 13

718 Oil, Soybean 655 725 805 772 828


5,792 Other 6,290 6,594 6,598 6,784 6,784

23,626 Total 27,431 30,682 30,405 32,275 32,431

none

Imports none

3,732 Oil, Palm 3,671 4,276 3,907 4,207 4,207

12 Oil, Rapeseed 13 12 12 12 12

272 Oil, Soybean 246 242 273 274 274


503 Other 643 671 671 696 696

4,519 Total 4,588 5,226 4,883 5,214 5,214

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

SME - 44 Percent Protein Soybean Meal Equivalent


Table 25: Middle East Oilseeds and Products Supply and Distribution


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

Jul

2020/21

Aug

2020/21

none

Production none

1,228 Oilseed, Cottonseed 1,447 1,376 1,278 1,131 1,131

263 Oilseed, Rapeseed 200 228 228 235 235

241 Oilseed, Soybean 292 257 277 281 281

1,376 Oilseed, Sunflowerseed 1,609 1,859 1,809 1,739 1,739

164 Other 165 154 150 155 155

3,272 Total 3,713 3,874 3,742 3,541 3,541

none


124 Meal, Fish 123 182 168 173 173

849 Meal, Rapeseed 739 493 534 558 564

7,816 Meal, Soybean 8,260 9,145 9,789 10,046 10,046

3,347 Other 3,694 3,933 4,074 4,295 4,295

12,136 Total 12,816 13,753 14,565 15,072 15,078

none

SME none

179 Meal, Fish 178 263 243 250 250

604 Meal, Rapeseed 526 351 380 397 401

7,814 Meal, Soybean 8,258 9,144 9,787 10,044 10,044

2,236 Other 2,421 2,571 2,633 2,760 2,760

10,833 Total 11,383 12,329 13,042 13,451 13,456

none

Imports none

124 Meal, Fish 133 178 170 175 175

173 Meal, Rapeseed 169 175 228 218 243

4,519 Meal, Soybean 4,229 5,569 5,495 5,748 5,748

1,766 Other 1,855 1,931 1,967 2,298 2,298

6,582 Total 6,386 7,853 7,860 8,439 8,464

none

Imports none

2,571 Oil, Palm 2,559 2,766 2,677 2,888 2,888

52 Oil, Rapeseed 52 52 52 52 52

374 Oil, Soybean 331 434 358 392 392

2,153 Oil, Sunflowerseed 1,794 1,925 2,042 2,067 2,067

171 Other 175 244 209 211 211

5,321 Total 4,911 5,421 5,338 5,610 5,610

none


180 Oil, Palm 180 160 160 160 160

30 Oil, Rapeseed 14 10 7 6 6

125 Oil, Soybean 139 128 128 133 133


51 Other 55 86 66 69 69

406 Total 408 404 381 388 388

none


1,940 Oil, Palm 2,127 2,316 2,325 2,432 2,432

255 Oil, Rapeseed 210 180 179 196 184

920 Oil, Soybean 939 939 946 963 963


639 Other 679 660 662 666 666

6,031 Total 6,337 6,616 6,719 6,989 6,977

none


2,120 Oil, Palm 2,307 2,476 2,485 2,592 2,592

285 Oil, Rapeseed 224 190 186 202 190

1,100 Oil, Soybean 1,138 1,127 1,139 1,166 1,166


700 Other 745 762 735 742 742

6,512 Total 6,826 7,106 7,182 7,464 7,452

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

Arab Emirates, West Banks, and Yemen.



Table 26: European Union Oilseeds and Products Supply and Distribution


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

Jul

2020/21

Aug

2020/21

none

Production none

20,538 Oilseed, Rapeseed 22,184 20,061 16,831 16,800 16,800

2,410 Oilseed, Soybean 2,539 2,664 2,632 2,600 2,750


417 Other 486 546 639 619 562

32,016 Total 35,337 32,776 29,712 29,619 30,012

none


536 Meal, Fish 587 649 635 650 650

13,725 Meal, Rapeseed 13,650 13,325 13,000 13,000 12,950

30,242 Meal, Soybean 30,092 30,442 30,742 30,942 30,892

9,907 Other 10,427 10,183 10,220 10,147 10,143

54,410 Total 54,756 54,599 54,597 54,739 54,635

none

SME none

775 Meal, Fish 848 938 918 939 939

9,765 Meal, Rapeseed 9,712 9,481 9,250 9,250 9,214

30,200 Meal, Soybean 30,050 30,400 30,700 30,900 30,850

5,795 Other 6,036 5,901 5,936 5,902 5,898

46,534 Total 46,646 46,720 46,803 46,991 46,901

none

Imports none

193 Meal, Fish 269 310 300 320 320

219 Meal, Rapeseed 242 514 400 400 440

18,794 Meal, Soybean 18,354 18,756 18,200 18,750 18,750

5,691 Other 5,805 5,895 5,756 5,805 5,604

24,897 Total 24,670 25,475 24,656 25,275 25,114

none


3,700 Oil, Palm 3,800 3,960 3,650 3,550 3,550

7,100 Oil, Rapeseed 7,090 6,700 6,340 6,400 6,400

850 Oil, Soybean 870 1,050 1,070 1,110 1,110


525 Other 565 575 552 589 587

12,625 Total 12,795 12,785 12,122 12,159 12,157

none


3,000 Oil, Palm 2,950 2,800 2,900 2,850 2,850

2,950 Oil, Rapeseed 2,960 2,960 3,000 3,025 2,975

1,310 Oil, Soybean 1,300 1,350 1,340 1,440 1,500


2,301 Other 2,318 2,365 2,403 2,457 2,455

13,611 Total 13,828 14,025 14,243 14,387 14,455

none


6,900 Oil, Palm 6,950 6,960 6,770 6,500 6,500

10,100 Oil, Rapeseed 10,100 9,710 9,390 9,475 9,425

2,215 Oil, Soybean 2,225 2,455 2,465 2,605 2,665


2,841 Other 2,898 2,953 2,968 3,056 3,052

26,566 Total 26,956 27,141 26,716 26,775 26,840

none

Imports none

7,217 Oil, Palm 7,079 7,297 6,650 6,350 6,350

153 Oil, Rapeseed 158 246 295 230 200

285 Oil, Soybean 284 416 425 415 415


1,422 Other 1,616 1,560 1,571 1,601 1,601

10,868 Total 10,666 11,485 11,091 10,566 10,536

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

Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain,

Sweden, and United Kingdom.


Table 27: China Oilseeds and Products Supply and Distribution


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

Jul

2020/21

Aug

2020/21

none

Production none

16,361 Oilseed, Peanut 17,092 17,333 17,500 17,500 17,500


13,596 Oilseed, Soybean 15,283 15,967 18,100 17,500 17,500


8,800 Other 10,800 10,875 10,679 10,400 10,400

55,086 Total 59,598 59,950 62,629 61,900 61,900

none


2,019 Meal, Fish 1,867 1,788 1,775 1,800 1,800

10,777 Meal, Rapeseed 11,453 11,148 10,899 10,414 10,414

68,646 Meal, Soybean 70,105 66,405 70,736 74,255 76,631

8,252 Other 9,495 10,609 11,780 10,438 10,938

89,694 Total 92,920 89,950 95,190 96,907 99,783

none

SME none

2,917 Meal, Fish 2,698 2,584 2,565 2,601 2,601

7,339 Meal, Rapeseed 7,816 7,595 7,418 7,072 7,072

67,596 Meal, Soybean 69,005 65,255 69,496 73,005 75,381

7,260 Other 8,244 8,987 9,931 8,887 9,220

85,113 Total 87,763 84,421 89,410 91,564 94,274

none

Imports none

1,583 Meal, Fish 1,467 1,424 1,425 1,450 1,450

875 Meal, Rapeseed 1,258 1,437 1,800 1,400 1,400

61 Meal, Soybean 23 17 35 15 15

657 Other 842 2,161 2,775 1,690 2,190

3,176 Total 3,590 5,039 6,035 4,555 5,055

none


2,650 Oil, Palm 2,900 4,512 3,875 4,045 4,145

2,807 Oil, Peanut 2,966 3,091 3,341 3,146 3,143

8,600 Oil, Rapeseed 8,600 8,387 8,153 7,746 7,646

16,350 Oil, Soybean 16,500 15,885 16,786 17,732 18,370


1,296 Other 1,569 1,601 1,564 1,577 1,577

33,035 Total 33,963 34,972 35,989 36,379 37,114

none


4,750 Oil, Palm 5,100 7,012 6,125 6,445 6,545

2,807 Oil, Peanut 2,966 3,091 3,341 3,146 3,143

8,600 Oil, Rapeseed 8,600 8,387 8,153 7,746 7,646

16,350 Oil, Soybean 16,500 15,885 16,786 17,732 18,370


1,891 Other 2,270 2,491 2,289 2,427 2,427

35,730 Total 36,864 38,362 38,964 39,629 40,364

none

Imports none

4,881 Oil, Palm 5,320 6,795 6,200 6,400 6,600

111 Oil, Peanut 112 172 185 225 225

802 Oil, Rapeseed 1,067 1,507 1,700 1,700 1,600

711 Oil, Soybean 481 783 800 1,000 1,000

725 Oil, Sunflowerseed 785 1,032 1,600 1,400 1,500

773 Other 883 1,117 930 1,085 1,085

8,003 Total 8,648 11,406 11,415 11,810 12,010



Table 28: India Oilseeds and Products Supply and Distribution


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

Jul

2020/21

Aug

2020/21

none

Production none

11,463 Oilseed, Cottonseed 12,312 10,953 12,949 12,100 12,609

6,924 Oilseed, Peanut 6,665 4,720 6,300 5,500 6,200


10,992 Oilseed, Soybean 8,350 10,930 9,300 10,500 10,750

318 Oilseed, Sunflowerseed 230 172 182 185 185

735 Other 770 770 770 770 770

37,052 Total 35,427 35,545 37,201 36,705 38,164

none


3,725 Meal, Cottonseed 4,278 3,973 4,525 4,532 4,532

1,506 Meal, Peanut 1,538 1,378 1,439 1,394 1,399

2,750 Meal, Rapeseed 2,875 3,225 3,340 3,180 3,300

4,675 Meal, Soybean 4,740 5,280 5,490 5,790 5,950

439 Meal, Sunflowerseed 217 229 252 254 254

458 Other 539 552 509 511 511

13,553 Total 14,187 14,637 15,555 15,661 15,946

none

SME none

3,018 Meal, Cottonseed 3,466 3,219 3,667 3,672 3,672

1,687 Meal, Peanut 1,723 1,543 1,612 1,561 1,567

1,957 Meal, Rapeseed 2,046 2,295 2,376 2,263 2,348

4,500 Meal, Soybean 4,550 5,050 5,240 5,525 5,685

293 Meal, Sunflowerseed 145 153 168 169 169

199 Other 236 241 221 222 222

11,654 Total 12,166 12,501 13,284 13,412 13,663

none


1,120 Oil, Cottonseed 1,300 1,182 1,340 1,350 1,350

8,800 Oil, Palm 8,700 9,200 8,600 8,850 8,850

1,050 Oil, Peanut 1,080 1,140 1,160 1,152 1,180

2,350 Oil, Rapeseed 2,650 2,650 2,630 2,650 2,650

5,150 Oil, Soybean 4,670 4,750 4,854 4,900 4,936


240 Other 295 305 304 304 304

20,710 Total 21,195 21,827 21,688 22,006 22,070

none


1,165 Oil, Cottonseed 1,345 1,227 1,385 1,395 1,395

9,350 Oil, Palm 9,270 9,805 9,160 9,430 9,430

1,060 Oil, Peanut 1,090 1,150 1,170 1,162 1,190

2,435 Oil, Rapeseed 2,730 2,730 2,705 2,730 2,730

5,150 Oil, Soybean 4,670 4,750 4,854 4,900 4,936


516 Other 595 626 618 619 619

21,676 Total 22,200 22,888 22,692 23,036 23,100

none

Imports none

0 Oil, Cottonseed 3 0 2 0 0

9,341 Oil, Palm 8,608 9,710 8,850 9,200 9,200

0 Oil, Peanut 0 0 0 0 0

317 Oil, Rapeseed 278 62 40 58 58

3,534 Oil, Soybean 2,984 3,000 3,350 3,236 3,236


82 Other 117 150 142 143 143

15,410 Total 14,486 15,250 15,084 15,237 15,237



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 Average08/09-17/18 407 412 445 443 471 523 1480 476 480 484 806

2008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 5702013/14 482 487 514 517 542 524 1,300 480 466 505 8542014/15 362 356 388 401 407 482 1,294 506 432 417 7492015/16 339 346 382 375 396 419 1,260 433 440 409 9072016/17 347 351 385 376 404 437 1,554 386 408 432 10762017/18 343 337 396 386 403 508 1,317 381 403 425 784

2018/19 Oct 315 291 412 393 368 481 1,315 368 375 432 558 Nov 308 301 382 368 373 476 1,250 375 377 427 511 Dec 315 313 351 357 382 452 1,275 362 370 424 535 Jan 317 315 349 347 382 500 1,255 384 381 425 520 Feb 313 315 353 347 380 492 1,300 397 396 422 478 Mar 313 311 344 335 373 437 1,325 392 397 409 451 Apr 304 306 336 319 364 448 1,294 388 393 412 456 May 295 288 338 320 345 452 1,305 403 405 409 452 Jun 305 312 367 347 371 474 1,325 395 380 417 430 Jul 308 316 358 341 374 454 1,313 399 370 417 444 Aug 302 305 364 347 362 452 1,325 395 362 420 481 Sep 307 309 362 348 365 437 1,344 408 355 425 483 Average 309 307 360 347 370 463 1,302 389 380 420 483

2019/20 Oct 316 327 372 354 385 450 1,345 384 366 427 484 Nov 316 325 370 353 377 423 1,400 395 389 430 566 Dec 320 333 369 367 381 432 1,450 388 418 449 672 Jan 325 332 359 361 390 461 1,500 425 443 459 680 Feb 316 321 346 347 376 452 1,513 445 426 439 579 Mar 311 316 340 324 369 454 1,500 454 406 406 558 Apr 307 306 334 326 362 445 1,534 454 424 406 551 May 304 305 338 329 360 450 1,473 465 433 409 560 Jun 306 314 365 346 369 478 1,444 456 434 423 620 *Jul N/A 324 378 360 383 N/A 1,425 N/A 435 435 597 Aug Sep Average 313 320 357 347 375 449 1,458 430 417 428 587

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 8/11/2020 4:28:53 PM

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.


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

Oct - Sep Average08/09-17/18 407 387 388 421 213 245 1531

2008/09 365 333 290 401 168 178 11032009/10 343 327 311 391 167 222 16682010/11 381 383 386 418 242 254 16072011/12 434 442 442 461 272 263 14482012/13 516 489 506 538 266 318 17912013/14 540 500 509 533 263 315 1,6602014/15 406 376 386 403 231 269 1,6322015/16 358 335 349 351 169 233 1,5172016/17 349 322 326 336 160 178 1,3772017/18 380 368 375 382 191 224 1,506

2018/19 Oct 352 349 340 347 181 235 1,483 Nov 342 335 332 340 189 240 1,478 Dec 344 325 326 344 207 213 1,479 Jan 347 361 334 343 210 211 1,484 Feb 338 325 326 330 207 214 1,471 Mar 338 319 320 320 209 204 1,470 Apr 335 315 313 318 184 205 1,505 May 328 312 311 320 156 212 1,511 Jun 358 334 331 337 158 228 1,521 Jul 343 318 317 322 157 226 1,496 Aug 327 308 306 314 159 224 1,438 Sep 326 304 299 315 157 210 1,384 Average 340 325 321 329 181 219 1,477

2019/20 Oct 341 312 309 319 186 197 1,359 Nov 334 318 318 318 184 201 1,359 Dec 330 326 331 324 198 201 1,362 Jan 331 321 336 332 204 209 1,374 Feb 325 317 330 334 207 208 1,363 Mar 344 337 348 364 198 213 1,406 Apr 326 319 328 363 203 227 1,392 May 318 314 318 328 199 231 1,395 Jun 318 321 319 325 207 228 1,445 *Jul 321 326 326 329 223 226 1,482 Aug Sep Average 329 321 326 334 201 214 1,394

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Brazil Paranagua, FOB; 48% Protein; IGC.3/ Argentina Pellets, Up River, FOB; IGC; 4/ Hamburg FOB 44/45% Ex-Mill; Oil World.5/ Memphis FOB; 41% Protein Solvent Extraction; USDA; 6/ Minneapolis FOB; 32% Protein; USDA.7/ HiPro a.o. cif France or Ukraine DAF; Argentina Pellet 37-38% (Prior to Aug 2012); Oilworld.8/ Bremen 64-65% Protein; Oil World. 9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.* Preliminary 8/11/2020 4:28:53 PM

214217239239

272 242

229227

244260288260

311278

323269

271270

276264276285

265269

416335288

287

225216204247

249244232237

276

273259249239

230

274

232225

272

259

274273266

238252

235258

237238240244

244302303366

U.S.5/

305

281

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

Soybean SunseedCottonseed RapeseedHamb

9/

265

195221278295353


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 Average08/09-17/18 844 874 872 957 1,012 1,389 985 1,583 1,580 778 980 1,209 924

2008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,0292013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 8692014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 8272015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 8652016/17 718 765 763 848 902 1,181 807 1,496 1,524 699 871 1,621 8252017/18 662 722 722 822 703 1,203 776 1,470 1,326 626 844 1,175 669

2018/19 Oct 637 676 658 760 674 1,190 712 1,469 1,225 539 875 841 599 Nov 606 645 633 734 693 1,164 678 1,429 1,191 492 858 767 581 Dec 620 633 617 726 707 1,179 676 1,372 1,180 489 831 806 583 Jan 627 652 651 746 748 1,179 689 1,364 1,174 538 834 782 578 Feb 652 683 693 770 803 1,168 706 1,348 1,161 556 823 713 565 Mar 631 641 653 734 787 1,173 700 1,345 1,179 523 800 681 589 Apr 614 627 629 733 819 1,190 701 1,439 N/A 538 802 675 616 May 594 626 637 733 786 1,177 726 1,455 1,370 511 820 669 612 Jun 423 637 639 726 809 1,124 738 1,455 1,374 502 833 643 604 Jul 610 638 637 742 827 1,157 772 1,458 1,370 494 836 665 590 Aug 626 676 674 775 804 1,177 772 1,455 1,365 536 877 718 602 Sep 635 677 669 760 839 1,213 756 1,477 1,365 532 896 724 606 Average 606 651 649 745 775 1,174 719 1,422 1,269 521 840 724 594

2019/20 Oct 664 677 665 762 836 1,235 738 1,356 1,362 547 883 718 624 Nov 675 704 692 769 847 1,235 763 1,391 1,400 641 904 833 669 Dec 711 778 782 825 887 1,676 802 1,326 1,470 718 923 1,032 689 Jan 728 790 799 871 884 1,543 830 1,301 1,505 761 946 1,011 734 Feb 667 712 726 795 849 1,543 759 1,301 1,550 677 899 850 794 Mar 596 608 611 725 798 1,676 706 1,317 1,550 589 804 839 814 Apr 566 587 589 673 823 1,676 728 1,312 1,650 563 765 840 989 May 557 595 595 672 820 1,631 751 1,369 1,750 529 798 832 1,050 Jun 587 661 659 740 810 1,235 807 1,868 1,750 605 857 915 1,132 *Jul 632 724 709 817 948 1,243 817 1,874 1,723 643 893 897 1,002 Aug Sep Average 638 684 683 765 850 1,469 770 1,442 1,571 627 867 877 8501/ 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

8/11/2020 4:28:53 PM

Soybean Sunseed Peanut


China Peanut Imports Reach Record High in 2019/20...Oilseed, Soybean Imports 2,975 2,800 175 Higher...

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