Coconut Oil Prices Spike
Transcript of Coconut Oil Prices Spike
United States Department of Agriculture Foreign Agricultural Service
Approved by the World Agricultural Outlook Board/USDA
March 2014
United States Department of Agriculture Foreign Agricultural Service
Approved by the World Agricultural Outlook Board/USDA
Coconut Oil Prices Spike
Coconut oil prices have surged over the past year in contrast to the general downward trend in other vegetable oil prices. That has resulted in a premium approaching 60 percent over palm and soybean oils. Typhoon Haiyan/Yolanda hit the Philippines in November, which exacerbated already tightening supplies in this country, the world’s largest coconut oil exporter. Consequently, the market roiled with concerns over excessive damage to coconut palms and the potential to constrain supplies. However, the current price reaction has been more muted than the last spike in 2010/11, because this time the weather damage was only in the Philippines, and its export market share is much smaller. Furthermore, the supply of other vegetable oils is larger now, allowing consumers to substitute for more available and cheaper alternative oils. For an email subscription, click here to register: http://www.fas.usda.gov/data/oilseeds-world-markets-and-trade
OVERVIEW Global soybean production is down following reduced crops in Brazil and Paraguay. Soybean trade is lower as a decrease for Paraguay’s exports only partly offset an increase for the United States. With larger exports, U.S. supplies are tighter, contributing to an increase in the season average U.S. farm price. SOYBEAN PRICES U.S. export bids, FOB Gulf, in January averaged $541 per ton, slightly higher than last month, supported by continued strong foreign demand, largely from China. As of the week ending Feb 27, U.S. soybean commitments (outstanding sales plus accumulated exports) to China totaled 27.8 million tons compared to 21.3 million a year ago. Total commitments to the world are 44.2 million tons, compared to 35.0 million for the same period last year.
2013/14 TRADE OUTLOOK • U.S. soybean exports are boosted 544,000 tons to 41.6 million on continued strong sales and
shipments to-date.
• Australia’s rapeseed exports are boosted 100,000 tons to 2.6 million on a larger crop.
• China’s rapeseed imports are up 100,000 tons to 3.4 million reflecting strong demand.
• European Union’s palm oil imports are raised 300,000 tons to 6.1 million in response to strong demand in the industrial sector.
• Indonesia’s copra meal exports are cut 100,000 tons to 300,000 on slower shipment pace and higher domestic use.
• Paraguay
o Soybean exports are slashed 1.5 million tons to 4.3 million driven by a reduced crop and increased crush.
o Soybean meal exports are raised 450,000 tons to 2.7 million on stronger global demand. o Soybean oil exports are up 120,000 tons to 620,000 on larger supplies.
• The Philippines’ coconut oil exports are reduced 100,000 tons to 850,000 on reduced crush.
March 2014
• Taiwan’s soybean imports are down 100,000 tons to 2.4 million reflecting reduced supplies from Paraguay.
• Ukraine’s sunflowerseed exports are lower 100,000 tons to 200,000 on a slower than anticipated
export pace.
Questions may be directed to: Bill George (202) 720-6234 [email protected] Yoonhee Macke (202) 690-4199 [email protected] Rachel Trego (202) 720-1073 [email protected] To download the tables in the publication, go to 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 Market and Trade and World Agricultural Production Reports:
http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Market 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/
March 2014
Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
5.71 Oilseed, Copra 5.89 5.56 5.80 5.82 5.68
39.51 Oilseed, Cottonseed 44.30 47.78 46.07 44.08 44.07
12.43 Oilseed, Palm Kernel 12.91 13.79 14.85 15.48 15.48
36.18 Oilseed, Peanut 39.85 38.27 40.11 39.47 39.83
61.06 Oilseed, Rapeseed 60.58 61.48 63.02 70.12 70.47
260.60 Oilseed, Soybean 264.15 239.57 267.47 287.69 285.43
32.14 Oilseed, Sunflowerseed 33.63 40.64 36.39 43.30 43.33
447.63 Total 461.29 447.10 473.72 505.96 504.30
none
Imports none
0.10 Oilseed, Copra 0.14 0.08 0.04 0.12 0.12
0.55 Oilseed, Cottonseed 0.85 1.10 0.93 0.83 0.83
0.04 Oilseed, Palm Kernel 0.04 0.03 0.03 0.02 0.02
1.98 Oilseed, Peanut 2.34 2.35 2.27 2.28 2.22
10.74 Oilseed, Rapeseed 10.10 13.18 12.78 13.36 13.51
86.84 Oilseed, Soybean 88.82 93.43 95.23 105.33 105.34
1.48 Oilseed, Sunflowerseed 1.57 1.63 1.21 1.79 1.80
101.73 Total 103.84 111.80 112.48 123.74 123.83
none
Exports none
0.10 Oilseed, Copra 0.11 0.11 0.08 0.08 0.08
0.57 Oilseed, Cottonseed 1.02 1.14 1.02 1.02 1.02
0.02 Oilseed, Palm Kernel 0.02 0.04 0.03 0.03 0.03
2.38 Oilseed, Peanut 2.89 2.95 2.67 2.79 2.72
10.82 Oilseed, Rapeseed 10.87 12.92 12.48 13.57 13.67
91.44 Oilseed, Soybean 91.70 92.27 99.65 109.33 108.22
1.56 Oilseed, Sunflowerseed 1.79 1.93 1.48 2.10 2.05
106.88 Total 108.38 111.35 117.41 128.91 127.77
none
Crush none
5.65 Oilseed, Copra 5.95 5.50 5.89 5.84 5.69
30.34 Oilseed, Cottonseed 32.54 34.44 34.66 33.95 33.76
12.51 Oilseed, Palm Kernel 12.80 13.72 14.61 15.40 15.40
15.25 Oilseed, Peanut 16.57 16.60 17.33 17.44 17.68
56.69 Oilseed, Rapeseed 59.01 60.93 62.60 64.70 64.85
209.19 Oilseed, Soybean 221.36 228.02 229.10 238.75 239.04
29.59 Oilseed, Sunflowerseed 29.88 36.88 32.54 37.72 37.71
359.21 Total 378.12 396.07 396.72 413.80 414.11
none
Ending Stocks none
0.35 Oilseed, Copra 0.29 0.30 0.15 0.22 0.14
0.91 Oilseed, Cottonseed 1.37 1.95 1.40 1.32 1.32
0.19 Oilseed, Palm Kernel 0.22 0.16 0.25 0.30 0.30
1.65 Oilseed, Peanut 2.36 1.51 2.15 1.86 2.00
8.86 Oilseed, Rapeseed 7.20 5.17 3.16 5.56 5.81
60.96 Oilseed, Soybean 70.36 53.51 57.79 73.01 70.64
2.76 Oilseed, Sunflowerseed 2.64 2.29 2.35 3.71 3.83
75.68 Total 84.44 64.89 67.25 85.97 84.04
Totals may not add due to rounding
March 2014
Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
1.86 Meal, Copra 1.97 1.81 1.95 1.93 1.88
13.81 Meal, Cottonseed 14.83 15.70 15.76 15.46 15.37
3.97 Meal, Fish 5.01 4.08 4.19 4.57 4.57
6.62 Meal, Palm Kernel 6.77 7.24 7.73 8.13 8.13
5.95 Meal, Peanut 6.47 6.48 6.78 6.89 6.92
33.46 Meal, Rapeseed 34.73 35.93 37.02 38.14 38.22
165.01 Meal, Soybean 174.68 180.35 180.58 188.50 188.66
13.08 Meal, Sunflowerseed 13.23 16.07 14.31 16.45 16.44
243.75 Total 257.68 267.66 268.32 280.08 280.20
none
Imports none
0.78 Meal, Copra 0.55 0.78 0.86 0.85 0.84
0.37 Meal, Cottonseed 0.49 0.42 0.44 0.41 0.41
2.63 Meal, Fish 2.65 2.92 2.34 2.87 2.87
4.32 Meal, Palm Kernel 4.57 5.11 5.25 5.24 5.24
0.11 Meal, Peanut 0.12 0.04 0.03 0.07 0.10
3.62 Meal, Rapeseed 4.97 5.09 5.16 5.20 5.22
53.36 Meal, Soybean 56.70 56.79 53.43 58.05 58.22
3.49 Meal, Sunflowerseed 3.86 6.08 4.67 5.79 5.79
68.68 Total 73.91 77.23 72.19 78.46 78.68
none
Exports none
1.08 Meal, Copra 0.59 0.79 1.04 0.99 0.85
0.38 Meal, Cottonseed 0.42 0.51 0.48 0.45 0.45
2.27 Meal, Fish 2.49 2.51 2.07 2.66 2.66
4.97 Meal, Palm Kernel 5.20 5.81 5.87 5.97 5.97
0.13 Meal, Peanut 0.15 0.07 0.07 0.10 0.10
3.61 Meal, Rapeseed 5.15 5.37 5.38 5.60 5.58
55.61 Meal, Soybean 58.55 58.27 57.48 61.12 61.43
4.13 Meal, Sunflowerseed 4.57 6.80 5.09 6.35 6.35
72.16 Total 77.12 80.12 77.49 83.24 83.39
none
Domestic Consumption none
1.85 Meal, Copra 1.84 1.73 1.91 1.86 1.85
13.72 Meal, Cottonseed 14.90 15.59 15.75 15.44 15.35
4.71 Meal, Fish 4.75 4.92 4.35 4.90 4.90
5.90 Meal, Palm Kernel 6.21 6.59 6.95 7.36 7.36
5.95 Meal, Peanut 6.43 6.49 6.74 6.85 6.91
33.30 Meal, Rapeseed 34.48 35.54 37.12 37.50 37.62
160.94 Meal, Soybean 170.82 177.36 176.74 184.66 184.49
12.42 Meal, Sunflowerseed 12.48 14.83 14.57 15.73 15.72
238.79 Total 251.91 263.04 264.14 274.31 274.20
none
Ending Stocks none
0.04 Meal, Copra 0.13 0.21 0.08 0.18 0.09
0.20 Meal, Cottonseed 0.19 0.21 0.17 0.15 0.15
0.19 Meal, Fish 0.61 0.18 0.30 0.17 0.17
0.32 Meal, Palm Kernel 0.24 0.19 0.35 0.39 0.39
0.06 Meal, Peanut 0.07 0.04 0.04 0.05 0.05
0.43 Meal, Rapeseed 0.50 0.61 0.29 0.52 0.52
6.64 Meal, Soybean 8.66 10.17 9.96 11.19 10.92
0.61 Meal, Sunflowerseed 0.65 1.17 0.49 0.65 0.65
8.49 Total 11.05 12.78 11.66 13.30 12.95
Totals may not add due to rounding
March 2014
Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
3.52 Oil, Coconut 3.70 3.41 3.65 3.63 3.54
4.59 Oil, Cottonseed 4.96 5.25 5.27 5.14 5.11
3.08 Oil, Olive 3.25 3.24 2.67 3.28 3.28
46.04 Oil, Palm 48.73 51.95 55.77 58.43 58.43
5.60 Oil, Palm Kernel 5.73 6.14 6.51 6.86 6.86
4.89 Oil, Peanut 5.33 5.32 5.55 5.60 5.67
22.56 Oil, Rapeseed 23.52 24.22 24.90 25.71 25.76
38.80 Oil, Soybean 41.30 42.59 42.81 44.61 44.66
12.28 Oil, Sunflowerseed 12.42 15.34 13.53 15.67 15.67
141.37 Total 148.94 157.45 160.65 168.93 168.98
none
Imports none
2.28 Oil, Coconut 1.78 1.82 1.88 1.88 1.82
0.07 Oil, Cottonseed 0.07 0.08 0.08 0.06 0.06
0.52 Oil, Olive 0.55 0.62 0.65 0.63 0.63
35.20 Oil, Palm 36.30 38.82 42.33 42.66 42.95
2.55 Oil, Palm Kernel 2.43 2.54 3.02 2.83 2.81
0.19 Oil, Peanut 0.20 0.16 0.16 0.19 0.19
2.92 Oil, Rapeseed 3.31 4.01 3.88 3.84 3.84
8.64 Oil, Soybean 9.40 7.96 8.43 8.80 8.81
3.73 Oil, Sunflowerseed 3.64 5.64 4.96 6.40 6.40
56.10 Total 57.68 61.64 65.38 67.28 67.50
none
Exports none
2.17 Oil, Coconut 1.71 1.88 1.90 1.88 1.79
0.11 Oil, Cottonseed 0.14 0.17 0.15 0.14 0.14
0.68 Oil, Olive 0.75 0.85 0.78 0.79 0.79
35.47 Oil, Palm 36.87 39.02 42.65 43.29 43.29
2.49 Oil, Palm Kernel 2.54 2.44 2.74 2.92 2.92
0.19 Oil, Peanut 0.17 0.17 0.20 0.19 0.22
2.73 Oil, Rapeseed 3.42 3.97 3.93 4.07 4.07
9.10 Oil, Soybean 9.56 8.47 9.25 9.19 9.28
4.47 Oil, Sunflowerseed 4.52 6.41 5.48 7.03 7.03
57.41 Total 59.67 63.38 67.07 69.50 69.53
none
Domestic Consumption none
3.84 Oil, Coconut 3.67 3.53 3.78 3.74 3.68
4.59 Oil, Cottonseed 4.78 5.16 5.24 5.09 5.06
2.97 Oil, Olive 3.03 3.07 2.85 3.01 3.01
45.15 Oil, Palm 47.90 51.05 54.94 56.62 56.91
5.47 Oil, Palm Kernel 5.70 5.95 6.62 6.83 6.84
5.04 Oil, Peanut 5.32 5.37 5.53 5.58 5.61
22.61 Oil, Rapeseed 23.50 23.78 23.69 24.65 24.66
38.20 Oil, Soybean 40.70 41.99 42.45 44.21 44.33
11.79 Oil, Sunflowerseed 11.76 13.11 13.32 14.55 14.55
139.65 Total 146.37 153.00 158.41 164.27 164.64
none
Ending Stocks none
0.64 Oil, Coconut 0.75 0.57 0.42 0.41 0.32
0.16 Oil, Cottonseed 0.27 0.26 0.22 0.20 0.20
0.60 Oil, Olive 0.62 0.57 0.27 0.37 0.37
5.61 Oil, Palm 5.87 6.57 7.08 8.06 8.26
0.89 Oil, Palm Kernel 0.81 1.10 1.27 1.15 1.18
0.10 Oil, Peanut 0.13 0.08 0.05 0.07 0.07
1.29 Oil, Rapeseed 1.19 1.67 2.82 3.66 3.70
3.37 Oil, Soybean 3.81 3.90 3.43 3.53 3.30
1.51 Oil, Sunflowerseed 1.28 2.74 2.44 2.93 2.92
14.16 Total 14.74 17.46 18.01 20.39 20.32
Totals may not add due to rounding
March 2014
Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
98.90 United States 100.38 92.35 93.15 97.32 97.32
71.44 Brazil 79.04 70.02 84.51 93.00 91.50
57.84 China 58.06 59.60 59.88 57.99 58.59
57.88 Argentina 54.23 44.78 53.63 57.74 57.74
32.93 India 35.65 36.33 36.79 37.96 37.96
128.64 Other 133.94 144.03 145.77 161.96 161.20
447.63 Total 461.29 447.10 473.72 505.96 504.30
Imports none
52.54 China 53.66 62.29 63.52 72.55 72.64
15.88 European Union 16.29 16.89 17.00 16.75 16.79
5.91 Japan 5.47 5.34 5.58 5.56 5.54
5.20 Mexico 5.36 5.39 5.09 5.40 5.40
2.47 Taiwan 2.46 2.29 2.29 2.51 2.41
1.90 Indonesia 2.19 2.15 2.10 2.32 2.31
2.59 Turkey 2.34 2.03 2.02 2.24 2.24
1.74 Thailand 2.22 2.00 1.96 2.11 2.12
1.07 United States 0.95 1.29 1.49 1.72 1.90
1.68 Egypt 1.70 1.72 1.72 1.80 1.79
10.75 Other 11.20 10.42 9.72 10.80 10.71
101.73 Total 103.84 111.80 112.48 123.74 123.83
Exports none
28.65 Brazil 30.07 36.41 42.02 45.11 45.14
41.69 United States 41.94 37.78 36.94 41.86 42.41
9.47 Canada 10.20 11.66 10.65 11.67 11.67
13.79 Argentina 10.03 8.10 8.45 8.83 8.73
4.10 Paraguay 5.27 3.61 5.35 5.85 4.35
2.41 Ukraine 2.85 2.83 2.72 4.43 4.33
1.37 Australia 2.21 3.32 4.31 3.11 3.21
5.40 Other 5.82 7.64 6.97 8.03 7.93
106.88 Total 108.38 111.35 117.41 128.91 127.77
Crush none
81.41 China 87.41 96.29 102.64 105.57 105.92
51.49 United States 49.34 50.35 50.24 50.46 50.05
41.76 European Union 41.14 41.24 42.37 42.27 42.39
35.99 Brazil 39.37 41.17 36.98 39.92 39.94
37.19 Argentina 41.58 39.95 36.28 39.57 39.57
25.11 India 29.13 28.86 29.17 29.44 29.44
8.69 Russia 7.83 11.96 11.05 12.54 12.54
7.67 Ukraine 8.49 11.01 9.32 11.91 11.91
7.57 Indonesia 7.68 8.35 9.06 9.80 9.80
6.08 Canada 7.74 8.41 8.18 9.30 9.30
5.47 Mexico 5.73 5.86 5.76 5.89 5.89
5.33 Pakistan 5.17 5.83 5.50 5.66 5.66
4.97 Malaysia 4.97 5.05 5.28 5.28 5.28
4.84 Japan 4.52 4.35 4.38 4.45 4.45
1.79 Paraguay 1.78 1.12 3.09 3.45 3.85
33.87 Other 36.26 36.28 37.45 38.30 38.13
359.21 Total 378.12 396.07 396.72 413.80 414.11
Ending Stocks none
22.06 Argentina 22.53 17.09 23.81 30.72 30.95
17.69 Brazil 23.95 13.23 16.01 20.87 19.36
15.32 China 16.12 17.05 13.25 14.13 14.34
5.54 United States 7.31 5.57 5.76 5.76 5.62
3.14 Canada 2.54 0.95 0.95 2.89 2.89
11.92 Other 11.99 10.99 7.47 11.60 10.87
75.68 Total 84.44 64.89 67.25 85.97 84.04
Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
March 2014
Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
55.67 China 60.43 66.79 71.17 73.71 73.87
40.07 United States 38.06 39.52 38.65 39.03 38.74
27.24 Brazil 29.65 31.02 27.93 30.18 30.19
27.97 Argentina 31.07 29.71 27.26 29.83 29.83
27.00 European Union 26.59 26.48 27.42 27.29 27.32
65.81 Other 71.88 74.15 75.89 80.04 80.24
243.75 Total 257.68 267.66 268.32 280.08 280.20
Imports none
25.46 European Union 27.04 28.20 23.39 26.14 26.14
2.66 Indonesia 3.32 3.53 3.63 3.86 3.86
2.93 Thailand 2.75 3.37 3.27 3.60 3.60
3.32 Korea, South 3.08 3.38 3.55 3.55 3.55
1.34 United States 2.24 3.03 3.39 3.46 3.50
3.17 Vietnam 2.96 2.55 3.30 3.12 3.32
2.51 Japan 2.49 2.57 2.06 2.61 2.61
27.30 Other 30.03 30.61 29.61 32.14 32.12
68.68 Total 73.91 77.23 72.19 78.46 78.68
Exports none
25.55 Argentina 28.39 26.93 24.02 27.78 27.78
12.99 Brazil 13.99 14.68 13.24 14.00 14.00
10.31 United States 8.49 9.16 10.43 10.23 10.23
3.97 India 6.23 5.41 5.00 4.47 4.47
2.52 Ukraine 2.93 3.86 3.07 4.15 4.15
2.87 Indonesia 3.14 3.68 3.80 4.01 3.91
2.06 Canada 3.22 3.49 3.66 3.81 3.81
11.89 Other 10.73 12.90 14.26 14.79 15.04
72.16 Total 77.12 80.12 77.49 83.24 83.39
Domestic Consumption none
56.43 China 62.88 67.73 70.72 73.87 74.07
51.63 European Union 52.20 53.07 50.57 51.72 51.75
31.01 United States 31.78 33.43 31.62 32.24 32.00
14.11 Brazil 15.44 15.61 15.42 15.79 15.80
10.47 India 11.23 11.83 12.36 12.98 12.98
5.47 Mexico 5.73 5.81 5.63 5.81 5.81
5.87 Japan 5.75 5.74 5.33 5.70 5.70
4.60 Thailand 4.85 5.22 5.33 5.58 5.58
3.31 Indonesia 3.68 3.88 4.22 4.71 4.81
3.72 Russia 3.99 4.39 4.49 4.74 4.74
52.17 Other 54.39 56.33 58.46 61.19 60.98
238.79 Total 251.91 263.04 264.14 274.31 274.20
SME none
53.61 China 60.10 64.84 67.69 70.97 71.17
46.65 European Union 47.08 47.61 44.87 46.12 46.15
30.47 United States 30.92 32.39 30.44 31.03 30.79
13.90 Brazil 15.16 15.32 15.19 15.54 15.55
9.08 India 9.78 10.32 10.82 11.39 11.39
5.74 Japan 5.60 5.60 5.12 5.52 5.52
4.55 Thailand 4.73 5.13 5.21 5.48 5.48
59.91 Other 62.98 65.59 67.53 70.90 70.78
223.91 Total 236.34 246.80 246.88 256.95 256.83
Ending Stocks none
1.75 Argentina 2.73 3.64 4.96 4.96 4.96
2.17 Brazil 2.45 3.21 2.52 2.93 2.93
0.81 European Union 1.04 1.17 0.25 0.66 0.66
0.22 Indonesia 0.44 0.48 0.53 0.62 0.49
0.34 United States 0.38 0.34 0.31 0.34 0.34
3.19 Other 4.02 3.95 3.09 3.80 3.57
8.49 Total 11.05 12.78 11.66 13.30 12.95
Major Protein Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
March 2014
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
25.59 Indonesia 27.24 30.13 32.73 35.58 35.58
17.88 China 19.02 21.00 22.40 22.99 23.10
19.94 Malaysia 20.39 20.42 21.64 21.49 21.49
16.74 European Union 16.65 16.66 16.47 17.14 17.16
10.07 United States 9.79 10.04 10.20 10.22 10.15
7.69 Argentina 8.80 8.48 7.44 8.15 8.15
7.16 Brazil 7.81 8.21 7.46 8.00 8.01
36.29 Other 39.25 42.52 42.33 45.36 45.33
141.37 Total 148.94 157.45 160.65 168.93 168.98
Imports none
9.07 India 8.58 10.03 10.68 11.80 11.80
9.00 China 8.39 9.23 10.79 10.54 10.52
8.95 European Union 8.53 9.11 9.83 9.18 9.47
3.34 United States 3.61 3.83 3.79 4.16 4.14
2.12 Malaysia 2.38 2.65 2.51 2.58 2.57
2.03 Pakistan 2.12 2.26 2.30 2.50 2.50
1.90 Egypt 2.24 2.14 1.92 2.28 2.35
0.97 Iran 1.45 1.35 1.48 1.69 1.69
1.31 Bangladesh 1.38 1.41 1.45 1.52 1.46
0.62 Turkey 0.86 1.11 1.26 1.25 1.25
16.80 Other 18.13 18.53 19.37 19.80 19.76
56.10 Total 57.68 61.64 65.38 67.28 67.50
Exports none
18.72 Indonesia 18.46 20.73 22.42 23.65 23.65
16.47 Malaysia 17.66 17.63 19.15 18.72 18.72
5.10 Argentina 5.59 4.65 4.70 5.21 5.21
2.69 Ukraine 2.70 3.33 3.32 4.18 4.18
1.86 Canada 2.49 2.75 2.63 2.76 2.78
1.31 European Union 1.62 2.00 2.41 1.97 2.02
0.76 Russia 0.41 1.80 1.27 1.88 1.88
10.51 Other 10.74 10.48 11.18 11.13 11.10
57.41 Total 59.67 63.38 67.07 69.50 69.53
Domestic Consumption none
26.91 China 27.69 29.24 31.17 32.85 32.90
24.51 European Union 24.29 24.08 24.00 24.02 24.32
15.21 India 16.02 16.90 18.10 19.15 19.15
11.20 United States 11.92 12.79 12.99 13.37 13.34
6.72 Indonesia 7.95 8.92 9.93 10.80 10.80
6.06 Brazil 6.35 6.67 6.77 6.99 6.99
5.16 Malaysia 5.23 5.09 5.17 5.18 5.18
3.28 Pakistan 3.39 3.55 3.57 3.81 3.81
3.10 Russia 3.14 3.21 3.37 3.48 3.47
2.42 Argentina 3.03 3.55 2.83 3.06 3.06
2.08 Egypt 2.27 2.42 2.54 2.50 2.58
2.16 Mexico 2.22 2.30 2.33 2.38 2.38
2.23 Japan 2.20 2.16 2.20 2.26 2.25
1.66 Turkey 1.74 1.78 1.92 2.05 2.05
1.87 Nigeria 1.93 1.94 2.01 2.04 2.03
25.08 Other 26.99 28.42 29.53 30.38 30.37
139.65 Total 146.37 153.00 158.41 164.27 164.64
Ending Stocks none
1.13 China 0.78 1.69 3.62 4.22 4.25
0.50 Indonesia 1.37 1.88 2.30 3.46 3.46
2.37 Malaysia 2.25 2.59 2.43 2.62 2.60
2.39 European Union 1.66 1.34 1.23 1.31 1.53
1.99 United States 1.61 1.54 1.16 1.20 1.12
5.78 Other 7.07 8.41 7.28 7.60 7.36
14.16 Total 14.74 17.46 18.01 20.39 20.32
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
March 2014
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
91,417 United States 90,605 84,192 82,561 89,507 89,507
69,000 Brazil 75,300 66,500 82,000 90,000 88,500
54,500 Argentina 49,000 40,100 49,300 54,000 54,000
14,980 China 15,080 14,485 13,050 12,200 12,200
9,700 India 9,800 11,000 11,500 11,800 11,800
6,462 Paraguay 7,128 4,043 8,300 9,300 8,100
3,581 Canada 4,445 4,298 5,086 5,200 5,200
10,960 Other 12,787 14,956 15,677 15,686 16,125
260,600 Total 264,145 239,574 267,474 287,693 285,432
Imports none
50,338 China 52,339 59,231 59,865 69,000 69,000
12,683 European Union 12,472 12,070 12,506 12,300 12,300
3,523 Mexico 3,498 3,606 3,350 3,650 3,650
3,401 Japan 2,917 2,759 2,865 2,860 2,860
2,469 Taiwan 2,454 2,285 2,286 2,500 2,400
1,660 Thailand 2,139 1,910 1,867 2,030 2,030
1,620 Indonesia 1,898 1,922 1,800 2,000 2,000
1,638 Egypt 1,644 1,638 1,650 1,700 1,700
231 Vietnam 1,026 1,311 1,294 1,380 1,380
1,648 Turkey 1,351 1,057 1,249 1,200 1,200
7,630 Other 7,083 5,637 6,494 6,712 6,817
86,841 Total 88,821 93,426 95,226 105,332 105,337
Exports none
28,578 Brazil 29,951 36,315 41,904 45,000 45,000
40,798 United States 40,957 37,150 35,913 41,096 41,640
13,088 Argentina 9,205 7,368 7,738 8,000 8,000
4,070 Paraguay 5,226 3,574 5,300 5,800 4,300
2,247 Canada 2,943 2,932 3,487 3,530 3,530
2,656 Other 3,418 4,931 5,307 5,900 5,750
91,437 Total 91,700 92,270 99,649 109,326 108,220
Crush none
48,830 China 55,000 60,970 64,950 68,350 68,350
47,673 United States 44,851 46,348 45,967 46,266 45,994
33,700 Brazil 36,330 38,083 34,480 37,275 37,275
34,127 Argentina 37,614 35,886 33,609 36,600 36,600
12,595 European Union 12,355 12,245 12,743 12,230 12,350
7,400 India 9,400 9,600 9,700 9,500 9,500
3,600 Mexico 3,625 3,675 3,650 3,850 3,850
1,558 Paraguay 1,570 950 2,900 3,300 3,700
1,950 Russia 2,170 2,400 2,440 2,470 2,470
2,535 Japan 2,149 1,960 1,915 2,020 2,020
2,010 Taiwan 2,060 2,020 1,960 2,080 2,020
1,520 Bolivia 1,800 2,000 2,250 2,050 2,000
1,520 Thailand 1,820 1,751 1,695 1,720 1,720
1,635 Egypt 1,644 1,620 1,640 1,680 1,680
1,291 Canada 1,425 1,411 1,463 1,500 1,500
7,250 Other 7,550 7,098 7,736 7,854 8,010
209,194 Total 221,363 228,017 229,098 238,745 239,039
Ending Stocks none
21,039 Argentina 21,403 16,389 22,404 29,806 29,806
17,480 Brazil 23,636 12,916 15,927 20,700 19,200
13,209 China 14,538 15,909 12,378 13,698 13,698
4,106 United States 5,852 4,610 3,826 4,091 3,954
1,573 India 505 316 391 866 866
3,553 Other 4,425 3,371 2,868 3,848 3,116
60,960 Total 70,359 53,511 57,794 73,009 70,640
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.
March 2014
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
38,644 China 43,560 48,288 51,440 54,154 54,154
37,836 United States 35,608 37,217 36,174 36,614 36,387
26,120 Brazil 28,160 29,510 26,720 28,890 28,890
26,624 Argentina 29,312 27,945 26,089 28,525 28,525
9,950 European Union 9,760 9,674 10,194 9,826 9,855
5,910 India 7,520 7,680 7,760 7,600 7,600
2,850 Mexico 2,870 2,910 2,890 3,048 3,048
17,073 Other 17,889 17,121 19,311 19,845 20,197
165,007 Total 174,679 180,345 180,578 188,502 188,656
Imports none
20,879 European Union 21,877 20,872 16,943 19,100 19,100
2,507 Indonesia 3,069 3,278 3,367 3,600 3,600
2,513 Thailand 2,318 2,936 2,874 3,200 3,200
2,879 Vietnam 2,719 2,200 2,927 2,750 2,950
1,524 Iran 1,742 2,192 2,099 2,400 2,400
2,106 Japan 2,208 2,282 1,765 2,230 2,230
1,719 Philippines 1,972 1,833 1,925 2,050 2,050
1,737 Korea, South 1,658 1,571 1,654 1,700 1,700
1,209 Mexico 1,500 1,548 1,295 1,480 1,480
850 Algeria 1,074 892 1,333 1,300 1,300
15,441 Other 16,564 17,186 17,248 18,235 18,210
53,364 Total 56,701 56,790 53,430 58,045 58,220
Exports none
24,914 Argentina 27,615 26,043 23,667 27,325 27,325
12,985 Brazil 13,987 14,678 13,242 14,000 14,000
10,125 United States 8,238 8,838 10,083 9,888 9,888
3,117 India 4,800 4,391 4,062 3,550 3,550
1,124 Paraguay 1,043 523 2,150 2,325 2,650
3,341 Other 2,866 3,793 4,274 4,033 4,012
55,606 Total 58,549 58,266 57,478 61,121 61,425
Domestic Consumption none
37,546 China 43,382 47,435 50,091 53,104 53,104
30,359 European Union 30,952 29,870 26,894 27,932 27,961
27,795 United States 27,489 28,621 26,336 26,853 26,671
13,000 Brazil 13,950 14,100 14,200 14,498 14,498
3,613 Thailand 3,775 4,153 4,350 4,550 4,550
4,160 Mexico 4,340 4,370 4,225 4,450 4,450
2,570 India 2,900 3,330 3,702 4,070 4,070
2,800 Vietnam 3,100 3,250 3,734 3,750 3,950
3,900 Japan 3,844 3,840 3,352 3,700 3,700
2,527 Indonesia 2,784 3,218 3,430 3,650 3,650
2,417 Iran 2,525 2,500 2,500 2,675 2,550
1,874 Russia 2,181 2,365 2,532 2,407 2,407
2,420 Korea, South 2,336 2,265 2,248 2,344 2,315
1,725 Egypt 1,900 2,100 2,140 2,225 2,275
1,826 Philippines 1,875 1,907 1,929 2,020 2,020
22,408 Other 23,482 24,034 25,081 26,436 26,314
160,940 Total 170,815 177,358 176,744 184,664 184,485
Ending Stocks none
1,602 Argentina 2,434 3,376 4,732 4,740 4,740
2,155 Brazil 2,436 3,198 2,508 2,925 2,925
504 European Union 580 371 77 371 371
73 Turkey 196 392 392 274 298
45 Indonesia 330 390 327 410 277
2,264 Other 2,683 2,443 1,920 2,465 2,311
6,643 Total 8,659 10,170 9,956 11,185 10,922
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.
March 2014
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
8,726 China 9,840 10,914 11,626 12,246 12,246
8,897 United States 8,568 8,954 8,990 8,999 8,945
6,470 Brazil 6,970 7,310 6,620 7,150 7,150
6,476 Argentina 7,181 6,839 6,364 6,975 6,975
2,290 European Union 2,246 2,226 2,317 2,220 2,242
1,320 India 1,675 1,710 1,730 1,700 1,700
296 Paraguay 298 180 550 615 695
4,328 Other 4,521 4,452 4,610 4,701 4,706
38,803 Total 41,299 42,585 42,807 44,606 44,659
Imports none
1,514 China 1,319 1,502 1,409 1,470 1,470
1,598 India 945 1,174 1,086 1,230 1,230
275 Iran 704 411 543 650 650
402 Algeria 516 438 575 525 575
302 Venezuela 366 415 374 370 400
379 Morocco 397 367 364 390 370
352 Peru 315 344 363 350 370
349 Bangladesh 376 420 397 415 350
318 Korea, South 300 343 300 350 350
243 Egypt 637 0 324 250 325
2,911 Other 3,525 2,543 2,692 2,799 2,718
8,643 Total 9,400 7,957 8,427 8,799 8,808
Exports none
4,453 Argentina 4,561 3,794 4,244 4,500 4,500
1,449 Brazil 1,668 1,885 1,251 1,450 1,450
386 European Union 463 741 1,013 700 750
1,524 United States 1,466 664 982 658 680
243 Paraguay 255 127 520 565 640
230 Bolivia 232 224 250 240 265
170 Russia 136 142 129 160 160
646 Other 777 890 865 912 832
9,101 Total 9,558 8,467 9,254 9,185 9,277
Domestic Consumption none
10,435 China 11,109 11,944 12,545 13,654 13,654
7,173 United States 7,619 8,306 8,476 8,414 8,415
4,980 Brazil 5,205 5,400 5,544 5,740 5,740
2,760 India 2,640 2,750 2,950 3,000 3,000
1,915 Argentina 2,520 3,020 2,275 2,490 2,490
2,415 European Union 2,745 1,989 1,650 1,770 1,770
875 Mexico 835 840 844 875 875
575 Iran 646 598 650 700 675
560 Egypt 669 440 591 512 592
395 Algeria 475 490 540 520 570
445 Korea, South 443 465 455 481 481
398 Venezuela 399 418 428 416 436
371 Bangladesh 388 420 420 439 420
506 Japan 433 390 415 413 413
420 Morocco 403 371 374 400 380
3,975 Other 4,174 4,146 4,288 4,381 4,414
38,198 Total 40,703 41,987 42,445 44,205 44,325
Ending Stocks none
205 China 203 615 1,021 1,023 1,023
1,545 United States 1,100 1,152 773 791 714
195 Argentina 295 320 258 330 323
286 Brazil 383 408 239 199 199
257 India 237 361 227 155 156
883 Other 1,591 1,041 914 1,036 882
3,371 Total 3,809 3,897 3,432 3,534 3,297
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.
March 2014
Table 10: Soybeans and Products: World Trade
Thousand Metric Tons
Marketing Year
Meal, Soybean Oil, Soybean Oilseed, Soybean
2013/142012/132011/122013/142012/132011/122013/142012/132011/12
Exports
North America 8,849 10,095 10,131 736 982 774 40,082 35,913 45,170
Canada (Aug-Jul) 173 245 230 72 102 90 2,932 3,487 3,530
United States (Sep-Aug) 8,838 10,083 9,888 664 982 680 37,150 35,913 41,640
South America 0 0 45,235 1,885 6,270 6,858 0 2,907 60,647
Argentina (Oct-Sep) 26,043 23,667 27,325 3,794 4,244 4,500 7,368 7,738 8,000
Brazil (Oct-Sep) 14,678 13,242 14,000 1,885 1,251 1,450 36,315 41,904 45,000
Paraguay (Mar-Feb) 523 2,150 2,650 127 520 640 3,574 5,300 4,300
South Asia 4,391 4,062 3,557 10 0 1 0 75 75
India (Oct-Sep) 4,391 4,062 3,550 10 0 1 39 75 75
Other 45,026 43,321 2,502 5,836 2,002 1,644 52,188 60,754 2,328
World Total 58,266 57,478 61,425 8,467 9,254 9,277 92,270 99,649 108,220
Imports
European Union - 28 0 0 19,100 0 0 320 0 0 12,300
East Asia 3,899 30 4,075 417 1,862 1,954 6,202 25 75,455
China (Oct-Sep) 113 16 50 1,502 1,409 1,470 59,231 59,865 69,000
Japan (Oct-Sep) 2,282 1,765 2,230 20 38 24 2,759 2,865 2,860
Korea, South (Oct-Sep) 1,571 1,654 1,700 343 300 350 1,139 1,115 1,170
Taiwan (Oct-Sep) 117 43 50 0 0 0 2,285 2,286 2,400
Southeast Asia 4,791 4,822 13,123 55 0 236 4,518 4,362 6,130
Indonesia (Oct-Sep) 3,278 3,367 3,600 22 25 25 1,922 1,800 2,000
Malaysia (Oct-Sep) 1,078 1,276 1,300 99 78 85 609 615 625
Philippines (Jan-Dec) 1,833 1,925 2,050 37 37 37 58 60 75
Thailand (Sep-Aug) 2,936 2,874 3,200 0 0 0 1,910 1,867 2,030
Vietnam (Jan-Dec) 2,200 2,927 2,950 49 55 55 1,311 1,294 1,380
North America 1,744 1,517 2,725 96 89 308 4,275 4,334 4,852
Canada (Aug-Jul) 1,138 983 1,050 28 28 32 230 225 250
Mexico (Sep-Aug) 1,548 1,295 1,480 145 194 185 3,606 3,350 3,650
South America 23 20 4,750 344 1,250 1,291 0 530 741
Brazil (Oct-Sep) 30 32 25 0 6 0 128 395 150
Colombia (Oct-Sep) 1,021 1,057 1,075 257 216 230 258 275 280
Central America 606 395 963 86 153 172 0 294 299
Caribbean 133 148 815 131 255 273 0 150 152
Middle East 35 1,280 5,115 427 5 753 0 1,774 1,770
Iran (Oct-Sep) 2,192 2,099 2,400 411 543 650 182 175 175
Israel (Oct-Sep) 178 160 165 10 21 18 268 300 325
Syria (Jan-Dec) 400 200 300 2 2 3 70 50 70
Turkey (Oct-Sep) 942 1,030 1,000 1 3 0 1,057 1,249 1,200
North Africa 1,671 1,668 3,155 367 1,385 1,390 1,714 1,775 1,825
Egypt (Oct-Sep) 817 889 950 0 324 325 1,638 1,650 1,700
Other 43,888 43,550 4,399 6,034 3,428 2,111 76,717 81,982 1,813
World Total 56,790 53,430 58,220 7,957 8,427 8,808 93,426 95,226 105,337
March 2014
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
Production none
22,000 Indonesia 23,600 26,200 28,500 31,000 31,000
17,763 Malaysia 18,211 18,202 19,321 19,200 19,200
1,287 Thailand 1,832 1,892 2,000 2,100 2,100
805 Colombia 753 945 974 1,035 1,035
850 Nigeria 850 850 910 930 930
3,336 Other 3,486 3,862 4,065 4,166 4,166
46,041 Total 48,732 51,951 55,770 58,431 58,431
Imports none
6,603 India 6,661 7,473 8,307 9,000 9,000
5,760 China 5,711 5,841 6,589 6,600 6,600
5,442 European Union 4,944 5,698 6,737 5,800 6,100
1,989 Pakistan 2,064 2,218 2,246 2,450 2,450
1,283 Malaysia 1,593 1,850 1,645 1,675 1,675
994 United States 980 1,032 1,285 1,360 1,360
1,174 Egypt 1,277 1,204 975 1,225 1,225
951 Bangladesh 996 984 1,050 1,100 1,100
435 Singapore 656 854 654 850 850
548 Iran 634 610 722 740 740
10,023 Other 10,788 11,060 12,116 11,855 11,845
35,202 Total 36,304 38,824 42,326 42,655 42,945
Exports none
16,573 Indonesia 16,423 18,452 20,300 21,300 21,300
15,530 Malaysia 16,596 16,600 18,000 17,500 17,500
520 Papua New Guinea 577 587 620 640 640
121 Thailand 382 293 550 520 520
466 Benin 255 253 390 390 390
2,259 Other 2,636 2,838 2,789 2,939 2,939
35,469 Total 36,869 39,023 42,649 43,289 43,289
Domestic Consumption none
6,440 India 7,080 7,425 8,425 9,144 9,144
5,494 Indonesia 6,414 7,129 7,815 8,501 8,501
5,930 China 5,797 5,841 6,389 6,579 6,579
5,220 European Union 4,910 5,630 6,213 5,755 6,055
3,103 Malaysia 3,220 3,290 3,200 3,160 3,160
1,957 Pakistan 2,077 2,110 2,235 2,405 2,405
1,255 Thailand 1,457 1,563 1,590 1,610 1,610
1,252 Nigeria 1,267 1,285 1,375 1,405 1,405
957 United States 957 1,043 1,230 1,353 1,353
1,080 Egypt 1,180 1,185 1,170 1,190 1,190
921 Bangladesh 980 1,030 1,059 1,100 1,100
737 Colombia 787 890 885 945 945
125 Singapore 575 750 589 740 740
552 Iran 580 600 725 730 730
552 Russia 585 600 660 690 690
9,571 Other 10,035 10,680 11,379 11,313 11,304
45,146 Total 47,901 51,051 54,939 56,620 56,911
Ending Stocks none
39 Indonesia 825 1,445 1,831 3,031 3,031
1,868 Malaysia 1,856 2,018 1,784 1,999 1,999
621 European Union 455 360 745 440 640
940 India 571 669 601 507 507
328 China 241 240 439 459 459
1,809 Other 1,923 1,840 1,680 1,619 1,620
5,605 Total 5,871 6,572 7,080 8,055 8,256
March 2014
Table 12: Rapeseed and Products: World Supply and Distribution
Thousand Metric Tons
Marketing Year
Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed
2013/142012/132011/122013/142012/132011/122013/142012/132011/12
Production
China (Oct-Sep) 10,122 10,690 10,861 5,725 6,045 6,152 13,426 14,007 14,400
India (Oct-Sep) 3,645 3,645 3,670 2,310 2,310 2,330 6,200 6,800 7,000
Canada (Aug-Jul) 3,925 3,765 4,368 3,070 2,950 3,400 14,608 13,869 18,000
Japan (Oct-Sep) 1,296 1,365 1,313 1,000 1,055 1,012 1 1 1
European Union (Jul-Jun) 12,441 13,057 13,051 8,980 9,424 9,421 19,235 19,210 20,850
Other 4,503 4,495 4,955 3,136 3,114 3,443 8,014 9,134 10,219
World Total 35,932 37,017 38,218 24,221 24,898 25,758 61,484 63,021 70,470
Imports
China (Oct-Sep) 666 106 100 1,036 1,598 1,300 2,622 3,421 3,400
India (Oct-Sep) 0 0 0 98 8 50 0 0 0
Canada (Aug-Jul) 8 11 5 92 170 100 97 128 85
Japan (Oct-Sep) 14 75 100 29 21 10 2,350 2,495 2,450
European Union (Jul-Jun) 240 414 350 605 210 300 3,752 3,378 3,400
Other 4,162 4,556 4,663 2,149 1,868 2,084 4,361 3,355 4,173
World Total 5,090 5,162 5,218 4,009 3,875 3,844 13,182 12,777 13,508
Exports
China (Oct-Sep) 51 101 80 6 6 10 0 0 0
India (Oct-Sep) 1,000 901 875 2 2 2 0 0 0
Canada (Aug-Jul) 3,310 3,406 3,570 2,676 2,516 2,680 8,695 7,115 8,100
Japan (Oct-Sep) 7 0 2 0 1 1 0 0 0
European Union (Jul-Jun) 284 272 250 230 445 380 149 93 270
Other 718 703 800 1,056 963 995 4,071 5,272 5,301
World Total 5,370 5,383 5,577 3,970 3,933 4,068 12,915 12,480 13,671
Domestic Consumption
China (Oct-Sep) 10,737 10,695 10,881 6,255 6,316 6,830 16,650 17,600 17,900
India (Oct-Sep) 2,650 2,735 2,795 2,433 2,425 2,400 6,825 6,900 6,975
Canada (Aug-Jul) 575 575 600 545 572 645 7,495 6,994 8,086
Japan (Oct-Sep) 1,313 1,440 1,411 1,015 1,020 1,021 2,372 2,443 2,400
European Union (Jul-Jun) 12,371 13,251 13,120 9,323 9,253 9,255 22,479 23,534 23,530
Other 7,895 8,424 8,814 4,206 4,105 4,510 7,963 7,859 8,767
World Total 35,541 37,120 37,621 23,777 23,691 24,661 63,784 65,330 67,658
Ending Stocks
China (Oct-Sep) 0 0 0 836 2,157 2,769 804 632 532
India (Oct-Sep) 21 30 30 158 49 27 304 204 229
Canada (Aug-Jul) 255 50 253 39 71 246 713 601 2,500
Japan (Oct-Sep) 0 0 0 63 118 118 56 109 160
European Union (Jul-Jun) 141 89 120 156 92 178 2,197 1,158 1,608
Other 192 116 120 422 336 358 1,095 453 777
World Total 609 285 523 1,674 2,823 3,696 5,169 3,157 5,806
3/10/2014 10:42:42 AM
March 2014
Table 13: Sunflowerseed and Products World Supply and Distribution
Thousand Metric Tons
Marketing Year
Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed
2013/142012/132011/122013/142012/132011/122013/142012/132011/12
Production
Argentina (Mar-Feb) 3,341 3,100 2,300 1,621 1,025 1,120 1,565 990 1,070
Russia (Sep-Aug) 9,627 7,959 10,204 3,199 2,808 3,288 3,552 3,117 3,653
Turkey (Sep-Aug) 925 1,125 1,400 640 685 819 718 769 918
Ukraine (Sep-Aug) 10,500 9,000 12,500 4,315 3,607 4,640 4,347 3,630 4,670
European Union (Oct-Sep) 8,456 6,999 8,700 3,798 3,570 3,790 2,937 2,753 2,925
Other 7,792 8,209 8,229 2,495 2,611 2,784 2,219 2,268 2,431
World Total 40,641 36,392 43,333 16,068 14,306 16,441 15,338 13,527 15,667
Imports
Argentina (Mar-Feb) 7 9 8 0 0 0 0 0 0
Russia (Sep-Aug) 28 28 15 0 0 0 14 21 15
Turkey (Sep-Aug) 834 628 850 739 432 620 651 657 750
Ukraine (Sep-Aug) 17 20 10 1 2 0 1 1 0
European Union (Oct-Sep) 280 209 250 3,856 3,030 3,600 991 942 1,230
Other 466 319 667 1,480 1,210 1,572 3,983 3,343 4,402
World Total 1,632 1,213 1,800 6,076 4,674 5,792 5,640 4,964 6,397
Exports
Argentina (Mar-Feb) 80 86 75 839 306 400 790 375 620
Russia (Sep-Aug) 332 31 250 1,681 1,360 1,500 1,427 942 1,450
Turkey (Sep-Aug) 38 38 40 2 1 0 271 289 350
Ukraine (Sep-Aug) 282 127 200 3,837 3,052 4,060 3,263 3,245 4,060
European Union (Oct-Sep) 596 521 750 122 123 130 208 239 160
Other 602 681 730 314 251 260 447 389 394
World Total 1,930 1,484 2,045 6,795 5,093 6,350 6,406 5,479 7,034
Domestic Consumption
Argentina (Mar-Feb) 3,785 2,380 2,580 800 745 740 522 542 557
Russia (Sep-Aug) 9,345 8,046 9,600 1,545 1,474 1,740 2,100 2,120 2,180
Turkey (Sep-Aug) 1,687 1,807 2,157 1,285 1,208 1,419 931 994 1,130
Ukraine (Sep-Aug) 10,455 8,710 11,255 421 466 536 540 585 590
European Union (Oct-Sep) 7,784 7,162 7,727 7,168 7,060 7,175 3,701 3,603 3,828
Other 7,637 7,957 8,294 3,612 3,614 4,110 5,313 5,471 6,260
World Total 40,693 36,062 41,613 14,831 14,567 15,720 13,107 13,315 14,545
Ending Stocks
Argentina (Mar-Feb) 369 1,012 665 248 222 202 600 673 566
Russia (Sep-Aug) 90 0 369 26 0 48 123 199 237
Turkey (Sep-Aug) 269 177 230 92 0 20 237 380 568
Ukraine (Sep-Aug) 254 437 1,492 64 155 199 728 529 549
European Union (Oct-Sep) 631 156 629 660 77 162 175 28 195
Other 680 570 442 78 34 20 879 630 809
World Total 2,293 2,352 3,827 1,168 488 651 2,742 2,439 2,924
March 2014
Table 14: Minor Vegetable Oil Supply and Distribution
Thousand Metric Tons
Marketing Year
Oil, Peanut Oil, Cottonseed Oil, Olive
2013/142012/132011/122013/142012/132011/122013/142012/132011/12
Production
China (Oct-Sep) 2,532 2,686 2,725 1,476 1,566 1,477 nr nr nr
India (Oct-Sep) 1,160 1,180 1,190 1,210 1,220 1,275 nr nr nr
Turkey (Nov-Oct) 4 4 4 145 146 120 145 175 180
United States (Aug-Jul) 85 95 93 342 363 286 4 4 5
European Union (Oct-Sep) 15 15 15 51 49 51 2,450 1,900 2,500
Other 1,523 1,570 1,639 2,025 1,923 1,902 637 590 591
World Total 5,319 5,550 5,666 5,249 5,267 5,111 3,236 2,669 3,276
Imports
China (Oct-Sep) 62 65 60 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) 13 5 25 4 9 0 316 297 306
European Union (Oct-Sep) 67 66 80 0 0 0 112 161 120
Other 16 20 20 72 68 64 195 196 203
World Total 158 156 185 76 77 64 623 654 629
Exports
China (Oct-Sep) 9 6 10 1 1 2 nr nr nr
India (Oct-Sep) 4 2 4 0 0 0 nr nr nr
Turkey (Nov-Oct) 0 0 0 1 1 3 21 25 25
United States (Aug-Jul) 7 6 7 117 100 95 7 7 7
European Union (Oct-Sep) 3 2 3 0 1 0 633 537 550
Other 145 182 199 49 46 43 189 207 204
World Total 168 198 223 168 149 143 850 776 786
Domestic Consumption
China (Oct-Sep) 2,585 2,745 2,775 1,475 1,565 1,475 nr nr nr
India (Oct-Sep) 1,185 1,189 1,185 1,227 1,238 1,270 nr nr nr
Turkey (Nov-Oct) 4 4 4 138 145 123 140 145 145
United States (Aug-Jul) 95 94 111 259 272 191 313 294 304
European Union (Oct-Sep) 81 79 91 52 48 51 2,023 1,805 1,950
Other 1,418 1,419 1,446 2,013 1,967 1,947 592 603 612
World Total 5,368 5,530 5,612 5,164 5,235 5,057 3,068 2,847 3,011
Ending Stocks
China (Oct-Sep) 0 0 0 0 0 0 nr nr nr
India (Oct-Sep) 21 10 11 66 48 53 nr nr nr
Turkey (Nov-Oct) 0 0 0 6 6 0 14 19 29
United States (Aug-Jul) 9 9 9 45 45 45 0 0 0
European Union (Oct-Sep) 2 2 3 0 0 0 445 164 284
Other 43 32 46 144 122 98 106 82 60
World Total 75 53 69 261 221 196 565 265 373
March 2014
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
316.12 28.1066.85419.7765.5738.08193.57 2000/01 312.98 39.95
326.75 28.6762.35430.3463.6439.95197.44 2001/02 325.57 42.42
334.44 29.4470.04447.8570.9942.42195.45 2002/03 328.57 49.24
338.29 29.3466.78451.6764.1549.24212.25 2003/04 338.63 46.27
383.89 30.7574.35502.8172.6646.27219.02 2004/05 368.77 59.69
394.37 31.9075.80529.4075.3559.69221.16 2005/06 387.32 66.28
406.30 31.8583.10553.3080.7166.28222.98 2006/07 394.98 75.23
391.56 31.7591.35556.8290.0475.23218.83 2007/08 402.42 63.05
399.51 33.6494.60556.4793.9163.05230.56 2008/09 404.08 57.80
447.63 34.82106.88607.16101.7357.80235.95 2009/10 424.60 75.68
461.29 36.33108.38640.82103.8475.68244.82 2010/11 448.00 84.44
447.10 36.62111.35643.34111.8084.44249.10 2011/12 467.11 64.89
473.72 36.49117.41651.08112.4864.89255.51 2012/13 466.42 67.25
504.30 37.15127.77695.38123.8367.25258.31 2013/14 483.57 84.04
Major Protein Meals
174.87 0.4048.43230.5748.017.68nr 2000/01 174.90 7.23
182.70 0.4052.82241.4451.507.23nr 2001/02 180.65 7.98
185.89 0.4354.01247.4253.567.98nr 2002/03 186.33 7.08
191.25 0.4559.04256.1357.807.08nr 2003/04 189.43 7.67
206.51 0.4861.20273.6659.487.67nr 2004/05 204.80 7.67
217.07 0.4666.27290.1465.407.67nr 2005/06 215.29 8.59
223.90 0.5468.98299.3566.878.59nr 2006/07 221.01 9.36
231.52 0.5972.11310.5669.689.36nr 2007/08 229.32 9.13
229.03 0.6969.37305.5767.419.13nr 2008/09 229.20 7.00
243.75 0.7772.16319.4468.687.00nr 2009/10 238.79 8.49
257.68 0.8077.12340.0773.918.49nr 2010/11 251.91 11.05
267.66 0.8680.12355.9377.2311.05nr 2011/12 263.04 12.78
268.32 0.8877.49353.2872.1912.78nr 2012/13 264.14 11.66
280.20 0.9183.39370.5478.6811.66nr 2013/14 274.20 12.95
Major Vegetable Oils
89.95 78.3630.77129.7530.189.6210.43 2000/01 88.45 10.54
92.96 80.3132.93134.3230.8310.5410.95 2001/02 91.19 10.21
96.29 83.1435.98141.3834.8810.2111.27 2002/03 95.37 10.03
103.04 87.1839.18150.7637.6910.0311.98 2003/04 101.14 10.45
111.81 91.6642.73163.1440.8910.4512.70 2004/05 108.28 12.13
119.24 94.7347.57175.8344.4612.1313.46 2005/06 115.07 13.20
121.99 96.7249.10182.4747.2813.2014.04 2006/07 120.22 13.15
128.92 100.0753.69192.7850.7113.1514.50 2007/08 126.64 12.45
134.09 103.4555.74201.0054.4712.4515.32 2008/09 131.51 13.76
141.37 108.2257.41211.2256.1013.7616.21 2009/10 139.65 14.16
148.94 111.8359.67220.7757.6814.1616.87 2010/11 146.37 14.74
157.45 116.0063.38233.8361.6414.7417.50 2011/12 153.00 17.46
160.65 120.7267.07243.4965.3817.4618.12 2012/13 158.41 18.01
168.98 125.4669.53254.4967.5018.0118.71 2013/14 164.64 20.32
Based on the aggregate of different marketing years
March 2014
Table 16: World: Soybeans and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean
175.85 146.4353.82258.5653.0929.6275.59 2000/01 171.61 33.13
184.92 157.7853.01272.4154.3633.1379.61 2001/02 184.31 35.09
196.94 165.0761.32294.9262.8835.0981.62 2002/03 191.08 42.51
186.78 163.5956.05283.3754.0842.5188.58 2003/04 188.96 38.37
215.90 175.2164.75317.7463.4838.3793.35 2004/05 204.25 48.74
220.87 186.1763.85333.6964.0948.7493.12 2005/06 215.97 53.87
236.31 195.4871.14359.1568.9753.8794.57 2006/07 224.98 63.03
219.02 202.3278.32360.3978.3463.0390.85 2007/08 229.59 52.49
211.88 193.3477.21341.7677.3952.4996.54 2008/09 221.43 43.12
260.60 209.1991.44390.5686.8443.12102.27 2009/10 238.16 60.96
264.15 221.3691.70413.9388.8260.96103.24 2010/11 251.87 70.36
239.57 228.0292.27403.3693.4370.36103.18 2011/12 257.58 53.51
267.47 229.1099.65416.2195.2353.51109.07 2012/13 258.77 57.79
285.43 239.04108.22448.56105.3457.79112.57 2013/14 269.70 70.64
Meal, Soybean
116.01 146.4636.26157.4635.885.58nr 2000/01 115.78 5.43
124.87 157.8941.78170.8140.515.43nr 2001/02 123.18 5.84
130.23 165.0743.04178.4842.415.84nr 2002/03 129.92 5.52
128.95 163.6046.08179.4044.925.52nr 2003/04 127.63 5.70
138.55 175.2247.70190.2746.025.70nr 2004/05 136.77 5.80
146.58 186.1952.25203.8151.435.80nr 2005/06 145.41 6.16
153.74 195.5054.70212.7152.816.16nr 2006/07 150.89 7.12
158.77 202.3656.06220.7654.867.12nr 2007/08 157.46 7.24
151.93 193.5252.84210.7551.587.24nr 2008/09 153.09 4.82
165.01 209.5955.61223.1953.364.82nr 2009/10 160.94 6.64
174.68 221.8358.55238.0256.706.64nr 2010/11 170.82 8.66
180.35 228.5158.27245.7956.798.66nr 2011/12 177.36 10.17
180.58 229.6057.48244.1853.4310.17nr 2012/13 176.74 9.96
188.66 239.5461.43256.8358.229.96nr 2013/14 184.49 10.92
Oil, Soybean
26.81 146.466.8736.436.832.78nr 2000/01 26.46 3.10
28.95 157.888.2539.607.553.10nr 2001/02 28.10 3.25
30.58 165.078.8142.038.213.25nr 2002/03 30.10 3.12
30.25 163.598.7041.768.393.12nr 2003/04 30.30 2.76
32.56 175.219.0644.178.862.76nr 2004/05 31.82 3.29
34.89 186.179.7947.269.083.29nr 2005/06 33.53 3.94
36.41 195.4810.5350.339.973.94nr 2006/07 35.71 4.08
37.75 202.3410.8452.2310.404.08nr 2007/08 37.73 3.66
35.90 193.509.1448.679.113.66nr 2008/09 36.31 3.22
38.80 209.579.1050.678.643.22nr 2009/10 38.20 3.37
41.30 221.819.5654.079.403.37nr 2010/11 40.70 3.81
42.59 228.478.4754.357.963.81nr 2011/12 41.99 3.90
42.81 229.569.2555.138.433.90nr 2012/13 42.45 3.43
44.66 239.529.2856.908.813.43nr 2013/14 44.33 3.30
Based on the aggregate of different marketing years, primarily October through September.
March 2014
Table 17: World: Rapeseed and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Food Use
Dom.
Domestic
Consumpti
Ending
Stocks
Oilseed, Rapeseed
37.36 0.387.1848.616.994.2524.74 2000/01 38.74 2.69
36.03 0.394.9043.674.952.6923.30 2001/02 35.93 2.85
33.29 0.414.1340.154.022.8522.11 2002/03 33.82 2.20
39.46 0.425.5346.815.142.2025.49 2003/04 38.90 2.38
46.14 0.444.9153.525.002.3826.70 2004/05 43.33 5.29
48.59 0.456.9860.546.665.2927.29 2005/06 47.77 5.79
45.16 0.476.6357.936.995.7926.49 2006/07 46.22 5.08
48.56 0.488.1661.187.545.0828.36 2007/08 49.04 3.98
57.88 0.5012.1373.9712.113.9831.11 2008/09 54.56 7.28
61.06 0.5210.8279.0810.747.2831.58 2009/10 59.41 8.86
60.58 0.5410.8779.5310.108.8633.93 2010/11 61.46 7.20
61.48 0.5612.9281.8713.187.2034.14 2011/12 63.78 5.17
63.02 0.5812.4880.9712.785.1736.13 2012/13 65.33 3.16
70.47 0.6013.6787.1413.513.1635.75 2013/14 67.66 5.81
Meal, Rapeseed
21.18 0.001.9023.481.920.38nr 2000/01 21.25 0.33
19.95 0.001.5221.811.540.33nr 2001/02 19.95 0.34
18.82 0.001.6220.891.730.34nr 2002/03 18.96 0.32
21.75 0.002.4924.562.490.32nr 2003/04 21.58 0.49
24.22 0.002.2427.012.300.49nr 2004/05 24.42 0.35
26.50 0.002.5129.402.550.35nr 2005/06 26.29 0.60
25.79 0.002.9629.433.050.60nr 2006/07 26.18 0.29
27.57 0.003.6931.413.550.29nr 2007/08 27.41 0.30
30.70 0.003.6134.573.560.30nr 2008/09 30.71 0.26
33.46 0.003.6137.343.620.26nr 2009/10 33.30 0.43
34.73 0.005.1540.134.970.43nr 2010/11 34.48 0.50
35.93 0.005.3741.525.090.50nr 2011/12 35.54 0.61
37.02 0.005.3842.795.160.61nr 2012/13 37.12 0.29
38.22 0.005.5843.725.220.29nr 2013/14 37.62 0.52
Oil, Rapeseed
13.37 12.271.2015.421.340.71nr 2000/01 13.43 0.79
13.09 12.081.0315.001.120.79nr 2001/02 13.26 0.72
12.27 11.060.9113.880.890.72nr 2002/03 12.40 0.57
14.17 12.521.3316.101.360.57nr 2003/04 14.40 0.38
15.78 12.891.2917.361.200.38nr 2004/05 15.58 0.48
17.52 13.221.6519.471.470.48nr 2005/06 17.11 0.71
17.24 12.651.9920.152.200.71nr 2006/07 17.61 0.55
18.49 13.101.9021.062.030.55nr 2007/08 18.27 0.90
20.59 14.152.4423.932.440.90nr 2008/09 20.34 1.15
22.56 15.142.7326.632.921.15nr 2009/10 22.61 1.29
23.52 16.223.4228.123.311.29nr 2010/11 23.50 1.19
24.22 16.413.9729.424.011.19nr 2011/12 23.78 1.67
24.90 16.483.9330.453.881.67nr 2012/13 23.69 2.82
25.76 17.394.0732.433.842.82nr 2013/14 24.66 3.70
Based on the aggregate of different marketing years.
March 2014
Table 18: World: Sunflower and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Exports Domestic
Consumpti
Ending
Stocks
Oilseed, Sunflowerseed
23.20 1.9223.252.402.202.1719.93 2000/01
21.41 1.9221.331.201.111.9218.83 2001/02
23.95 2.4723.221.551.371.9220.18 2002/03
26.79 3.2125.972.262.192.4723.00 2003/04
25.32 2.8525.591.231.143.2120.82 2004/05
30.24 3.3929.571.521.382.8522.79 2005/06
30.28 4.0429.491.911.773.3923.50 2006/07
27.35 3.6927.471.461.234.0420.99 2007/08
33.54 4.0032.962.141.863.6923.78 2008/09
32.14 2.7633.301.561.484.0023.10 2009/10
33.63 2.6433.521.791.572.7623.08 2010/11
40.64 2.2940.691.931.632.6425.56 2011/12
36.39 2.3536.061.481.212.2924.65 2012/13
43.33 3.8341.612.051.802.3524.97 2013/14
Meal, Sunflowerseed
9.32 0.409.542.002.230.40nr 2000/01
8.34 0.338.222.111.910.40nr 2001/02
9.00 0.179.052.312.200.33nr 2002/03
10.22 0.219.982.852.650.17nr 2003/04
9.97 0.229.742.762.550.21nr 2004/05
11.51 0.3311.153.543.280.22nr 2005/06
11.55 0.2611.453.473.290.33nr 2006/07
10.75 0.3110.213.272.770.26nr 2007/08
12.86 0.6012.224.313.960.31nr 2008/09
13.08 0.6112.424.133.490.60nr 2009/10
13.23 0.6512.484.573.860.61nr 2010/11
16.07 1.1714.836.806.080.65nr 2011/12
14.31 0.4914.575.094.671.17nr 2012/13
16.44 0.6515.726.355.790.49nr 2013/14
Oil, Sunflowerseed
8.18 1.008.262.241.991.33nr 2000/01
7.44 0.667.661.931.811.00nr 2001/02
8.12 0.727.742.311.990.66nr 2002/03
9.19 0.728.482.681.960.72nr 2003/04
9.15 0.958.512.572.170.72nr 2004/05
10.66 1.129.873.923.300.95nr 2005/06
10.78 0.9210.264.053.321.12nr 2006/07
10.19 1.019.333.512.730.92nr 2007/08
12.08 1.7610.874.504.051.01nr 2008/09
12.28 1.5111.794.473.731.76nr 2009/10
12.42 1.2811.764.523.641.51nr 2010/11
15.34 2.7413.116.415.641.28nr 2011/12
13.53 2.4413.325.484.962.74nr 2012/13
15.67 2.9214.557.036.402.44nr 2013/14
Based on the aggregate of different marketing years, primarily September through August.
March 2014
Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution
Million Metric Tons
Beginning
Stocks
Production Imports Total
Supply
Exports Industrial
Dom.
Food Use
Dom.
Domestic
Consumpti
Ending
Stocks
Oil, Palm
16.29 19.773.4516.4843.7124.243.17 2000/01 23.72 3.51
16.50 19.973.8117.6145.3325.323.51 2001/02 24.37 3.34
19.67 21.954.6919.9250.6527.643.34 2002/03 27.28 3.45
21.91 22.995.5222.0655.3229.963.45 2003/04 29.12 4.15
24.32 24.806.7725.0061.9333.464.15 2004/05 32.24 4.69
26.09 26.027.6227.2666.5535.774.69 2005/06 34.34 4.94
26.95 27.388.2427.6469.2537.364.94 2006/07 36.36 5.26
30.74 30.279.2932.2277.1041.115.26 2007/08 40.44 4.44
34.11 32.1010.1934.6982.6944.144.44 2008/09 43.03 4.98
35.20 33.6310.7535.4786.2246.044.98 2009/10 45.15 5.61
36.30 34.9212.1536.8790.6448.735.61 2010/11 47.90 5.87
38.82 36.6713.4639.0296.6551.955.87 2011/12 51.05 6.57
42.33 39.6014.4142.65104.6755.776.57 2012/13 54.94 7.08
42.95 40.8415.1043.29108.4658.437.08 2013/14 56.91 8.26
Oil, Coconut
1.77 1.901.171.835.523.580.18 2000/01 3.21 0.49
1.83 1.801.251.795.473.150.49 2001/02 3.19 0.49
1.89 1.791.241.735.503.120.49 2002/03 3.15 0.62
1.68 1.741.411.795.563.260.62 2003/04 3.27 0.51
1.91 1.791.402.085.843.420.51 2004/05 3.28 0.48
2.03 1.821.452.055.923.410.48 2005/06 3.42 0.45
1.87 1.751.461.745.513.190.45 2006/07 3.30 0.48
1.90 1.841.511.935.833.450.48 2007/08 3.37 0.53
1.66 1.721.551.485.613.420.53 2008/09 3.28 0.85
2.28 2.151.672.176.653.520.85 2009/10 3.84 0.64
1.78 1.961.691.716.123.700.64 2010/11 3.67 0.75
1.82 1.971.541.885.983.410.75 2011/12 3.53 0.57
1.88 2.051.721.906.103.650.57 2012/13 3.78 0.42
1.82 2.011.651.795.793.540.42 2013/14 3.68 0.32
Meal, Fish
3.47 0.000.083.4010.145.920.75 2000/01 6.14 0.61
3.25 0.000.083.069.695.830.61 2001/02 5.66 0.98
2.85 0.000.082.858.674.840.98 2002/03 5.18 0.65
3.12 0.000.073.209.385.610.65 2003/04 5.38 0.80
3.60 0.000.053.6510.025.610.80 2004/05 5.68 0.69
2.95 0.000.052.728.494.860.69 2005/06 5.11 0.66
2.69 0.000.052.598.415.060.66 2006/07 4.96 0.85
3.00 0.000.052.858.985.120.85 2007/08 5.41 0.72
3.12 0.000.052.958.855.010.72 2008/09 5.33 0.57
2.63 0.000.052.277.173.970.57 2009/10 4.71 0.19
2.65 0.000.052.497.855.010.19 2010/11 4.75 0.61
2.92 0.000.052.517.604.080.61 2011/12 4.92 0.18
2.34 0.000.052.076.724.190.18 2012/13 4.35 0.30
2.87 0.000.052.667.744.570.30 2013/14 4.90 0.17
Based on the aggregate of different marketing years.
March 2014
Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Major Oilseeds
84,891 49,18927,97694,6938178,98536,805 2000/01 58,897 7,820
89,832 50,63129,96698,3056537,82037,323 2001/02 61,466 6,873
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
98,902 51,48641,691105,5871,0665,61935,512 2009/10 58,352 5,544
100,377 49,33541,935106,8669455,54437,179 2010/11 57,623 7,308
92,348 50,35137,777100,9411,2857,30835,135 2011/12 57,593 5,571
93,145 50,23736,941100,2011,4855,57136,711 2012/13 57,497 5,763
97,323 50,05142,408104,9821,8965,76335,336 2013/14 56,955 5,619
Major Protein Meals
38,238 49,1897,60739,6971,162297nr 2000/01 31,693 397
38,890 50,6317,52440,3471,060397nr 2001/02 32,537 286
36,585 47,5055,92438,0651,194286nr 2002/03 31,895 246
35,200 45,5394,94537,2821,836246nr 2003/04 32,064 273
39,246 50,1676,95441,0481,529273nr 2004/05 33,879 215
39,910 51,8977,60841,7781,653215nr 2005/06 33,809 361
41,449 53,4838,26443,5091,699361nr 2006/07 34,860 385
40,873 53,4958,70643,2381,980385nr 2007/08 34,199 333
37,724 49,3437,94039,8661,809333nr 2008/09 31,680 246
40,073 51,48610,30841,6621,343246nr 2009/10 31,013 341
38,062 49,3358,48740,6432,240341nr 2010/11 31,778 378
39,515 50,3519,15542,9243,031378nr 2011/12 33,433 336
38,645 50,23710,43342,3693,388336nr 2012/13 31,623 313
38,741 50,05110,22642,5573,503313nr 2013/14 31,995 336
Major Vegetable Oils
9,554 49,1891,04712,4521,6831,2150 2000/01 9,766 1,639
9,681 50,6311,54912,9471,6271,6390 2001/02 10,093 1,305
9,197 47,5051,23812,0451,5431,3050 2002/03 9,885 922
8,779 45,53974011,6121,9119220 2003/04 10,077 795
9,769 50,16783812,4051,8417950 2004/05 10,443 1,124
10,423 51,89789913,9262,3791,1240 2005/06 11,230 1,797
10,455 53,4831,33314,7792,5271,7970 2006/07 11,705 1,741
10,545 53,4951,67915,3943,1081,7410 2007/08 12,251 1,464
9,670 49,3431,45714,3643,2301,4640 2008/09 11,170 1,737
10,066 51,4861,94815,1413,3381,7370 2009/10 11,201 1,992
9,785 49,3351,86115,3893,6121,9920 2010/11 11,918 1,610
10,041 50,3511,14615,4813,8301,6100 2011/12 12,791 1,544
10,202 50,2371,38815,5373,7911,5440 2012/13 12,990 1,159
10,150 50,05199415,4514,1421,1590 2013/14 13,337 1,120
Based on the aggregate of different marketing years
March 2014
Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean
75,055 44,62527,10383,049977,89729,303 2000/01 49,203 6,743
78,672 46,25928,94885,478636,74329,532 2001/02 50,867 5,663
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
91,417 47,67340,79895,5753973,76130,907 2009/10 50,671 4,106
90,605 44,85140,95795,1043934,10631,003 2010/11 48,295 5,852
84,192 46,34837,15090,4834395,85229,856 2011/12 48,723 4,610
82,561 45,96735,91388,1559844,61030,823 2012/13 48,416 3,826
89,507 45,99441,64094,2859523,82630,703 2013/14 48,691 3,954
Meal, Soybean
35,730 44,6257,33536,04650266nr 2000/01 28,363 348
36,552 46,2597,27137,034134348nr 2001/02 29,545 218
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 46,3488,83837,731196318nr 2011/12 28,621 272
36,174 45,96710,08336,668222272nr 2012/13 26,336 249
36,387 45,9949,88836,831195249nr 2013/14 26,671 272
Oil, Soybean
8,355 44,6256369,29233904nr 2000/01 7,401 1,255
8,572 46,2591,1439,848211,255nr 2001/02 7,635 1,070
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
8,945 45,9946809,80991773nr 2013/14 8,415 714
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.
March 2014
Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
39,500 22,77315,52140,97085461613,934 2000/01 24,792 657
43,500 25,84216,07445,2571,10065716,350 2001/02 28,202 981
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 39,180 1,183
82,000 35,60042,82683,4232401,18327,700 2012/13 38,600 1,997
88,500 37,62545,22590,6471501,99729,500 2013/14 40,798 4,624
Meal, Soybean (Local)
17,753 22,77311,11018,583230600nr 2000/01 7,171 302
20,392 25,84212,78321,082388302nr 2001/02 7,596 703
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 14,200 2,285
27,600 35,60013,61929,915302,285nr 2012/13 14,196 2,100
29,160 37,62514,00031,285252,100nr 2013/14 14,500 2,785
Oil, Soybean (Local)
4,370 22,7731,6164,73587278nr 2000/01 2,937 182
4,905 25,8422,1005,227140182nr 2001/02 2,936 191
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 5,425 430
6,830 35,6001,4257,2644430nr 2012/13 5,573 266
7,220 37,6251,4507,4860266nr 2013/14 5,820 216
Data based on Brazil's local February/January Marketing Year (MY).
Where February 2012 - January 2013 is the 2011/12 MY.
March 2014
Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
27,800 19,5077,37728,47629138510,400 2000/01 20,547 552
30,000 22,3976,22130,84929755211,400 2001/02 23,537 1,091
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 30,6696,09843,36823,26617,577 2011/12 32,529 4,741
49,300 35,1007,91554,04324,74119,400 2012/13 37,040 9,088
54,000 38,5508,55063,09029,08820,000 2013/14 40,550 13,990
Meal, Soybean (Local)
15,492 19,50715,97917,22501,733nr 2000/01 325 921
17,762 22,39717,57218,6830921nr 2001/02 329 782
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 2008/09 735 1,020
30,493 39,19628,38431,51301,020nr 2009/10 800 2,329
29,181 37,52127,48531,51002,329nr 2010/11 885 3,140
23,937 30,66921,97327,07703,140nr 2011/12 997 4,107
27,280 35,10024,72531,38704,107nr 2012/13 1,135 5,527
29,975 38,55029,75035,50205,527nr 2013/14 1,247 4,505
Oil, Soybean (Local)
3,630 19,5073,5104,0080378nr 2000/01 287 211
4,165 22,3973,6394,3760211nr 2001/02 357 380
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
5,839 30,6693,4396,26535391nr 2011/12 2,620 206
6,630 35,1004,5006,92690206nr 2012/13 2,175 251
7,360 38,5504,5907,69180251nr 2013/14 2,779 322
Data based on Argentina's Local April/March Marketing Year (MY).
Where April 2012 - March 2013 is the 2011/12 MY.
March 2014
Table 24: South East Asia: Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
4,465 Oilseed, Copra 4,604 4,249 4,547 4,566 4,421
10,681 Oilseed, Palm Kernel 11,122 11,876 12,851 13,430 13,430
1,329 Oilseed, Soybean 1,343 1,164 1,236 1,271 1,271
4,140 Other 4,114 4,100 4,199 4,209 4,209
20,615 Total 21,183 21,389 22,833 23,476 23,331
none
Imports none
105 Meal, Fish 137 143 136 148 148
388 Meal, Rapeseed 419 496 492 485 485
10,717 Meal, Soybean 11,129 11,347 12,392 12,773 13,123
426 Other 442 437 456 462 462
11,636 Total 12,127 12,423 13,476 13,868 14,218
none
Imports none
2,678 Oil, Palm 3,335 3,842 3,450 3,766 3,766
2 Oil, Rapeseed 2 4 4 4 4
270 Oil, Soybean 260 240 226 219 236
0 Oil, Sunflowerseed 0 0 0 0 0
859 Other 786 816 887 918 918
3,809 Total 4,383 4,902 4,567 4,907 4,924
none
Domestic Consumption none
556 Meal, Fish 585 587 524 569 569
387 Meal, Rapeseed 419 495 491 484 484
12,098 Meal, Soybean 12,894 13,911 14,953 15,430 15,780
2,514 Other 2,767 2,299 2,645 3,051 3,036
15,555 Total 16,665 17,292 18,613 19,534 19,869
none
Domestic Consumption none
11,035 Oil, Palm 12,732 13,911 14,436 15,320 15,320
2 Oil, Rapeseed 2 4 4 4 4
512 Oil, Soybean 567 553 579 570 598
205 Oil, Sunflowerseed 202 205 210 210 210
4,510 Other 4,919 4,918 5,559 5,814 5,815
16,264 Total 18,422 19,591 20,788 21,918 21,947
none
Industrial Dom. Cons. none
4,064 Oil, Palm 5,347 6,034 6,383 6,724 6,724
0 Oil, Rapeseed 0 0 0 0 0
75 Oil, Soybean 77 47 35 39 39
0 Oil, Sunflowerseed 0 0 0 0 0
3,121 Other 3,308 3,184 3,802 3,912 3,942
7,260 Total 8,732 9,265 10,220 10,675 10,705
none
Food Use Dom. Cons. none
6,574 Oil, Palm 6,851 7,313 7,470 7,980 7,980
2 Oil, Rapeseed 2 4 4 4 4
437 Oil, Soybean 490 506 544 531 559
205 Oil, Sunflowerseed 202 205 210 210 210
1,281 Other 1,453 1,546 1,587 1,685 1,656
8,499 Total 8,998 9,574 9,815 10,410 10,409
none
SME none
803 Meal, Fish 845 848 757 822 822
275 Meal, Rapeseed 298 352 349 344 344
12,098 Meal, Soybean 12,894 13,911 14,953 15,430 15,780
1,395 Other 1,501 1,340 1,487 1,634 1,628
14,572 Total 15,538 16,452 17,547 18,230 18,575
Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
SME - 44 Percent Protein Soybean Meal Equivalent
March 2014
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
1,129 Oilseed, Cottonseed 1,154 1,595 1,306 1,136 1,136
0 Oilseed, Rapeseed 0 0 0 0 0
249 Oilseed, Soybean 237 247 267 307 307
864 Oilseed, Sunflowerseed 1,066 991 1,191 1,466 1,466
90 Other 97 90 90 90 90
2,332 Total 2,554 2,923 2,854 2,999 2,999
none
Imports none
53 Meal, Fish 46 65 74 66 66
25 Meal, Rapeseed 92 66 85 73 73
3,580 Meal, Soybean 4,129 4,816 4,603 5,155 5,115
843 Other 838 1,192 758 1,055 1,055
4,501 Total 5,105 6,139 5,520 6,349 6,309
none
Imports none
2,103 Oil, Palm 2,395 2,219 2,485 2,458 2,458
3 Oil, Rapeseed 4 2 2 2 2
378 Oil, Soybean 845 507 651 791 753
421 Oil, Sunflowerseed 746 1,324 1,188 1,445 1,445
56 Other 48 40 47 45 44
2,961 Total 4,038 4,092 4,373 4,741 4,702
none
Domestic Consumption none
54 Meal, Fish 51 64 82 73 73
277 Meal, Rapeseed 435 385 390 406 406
5,697 Meal, Soybean 5,681 5,467 5,591 6,141 5,978
1,889 Other 1,940 2,358 2,136 2,378 2,378
7,917 Total 8,107 8,274 8,199 8,998 8,835
none
Domestic Consumption none
1,739 Oil, Palm 1,784 1,813 2,023 2,028 2,028
118 Oil, Rapeseed 126 84 83 100 100
927 Oil, Soybean 973 849 898 983 940
1,163 Oil, Sunflowerseed 1,244 1,490 1,584 1,781 1,781
504 Other 532 570 581 555 554
4,451 Total 4,659 4,806 5,169 5,447 5,403
none
Industrial Dom. Cons. none
150 Oil, Palm 154 150 160 160 160
33 Oil, Rapeseed 35 31 23 23 23
62 Oil, Soybean 64 61 62 69 69
22 Oil, Sunflowerseed 26 25 25 25 25
52 Other 55 45 51 48 47
319 Total 334 312 321 325 324
none
Food Use Dom. Cons. none
1,589 Oil, Palm 1,630 1,663 1,863 1,868 1,868
85 Oil, Rapeseed 91 53 60 77 77
844 Oil, Soybean 889 773 821 899 856
1,120 Oil, Sunflowerseed 1,198 1,443 1,534 1,726 1,726
452 Other 477 525 530 507 507
4,090 Total 4,285 4,457 4,808 5,077 5,034
none
SME none
78 Meal, Fish 74 92 118 105 105
197 Meal, Rapeseed 310 274 277 289 289
5,697 Meal, Soybean 5,681 5,467 5,591 6,141 5,978
1,708 Other 1,753 2,135 1,932 2,170 2,170
7,680 Total 7,817 7,968 7,919 8,705 8,542
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
March 2014
Table 26: European Union: Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
21,633 Oilseed, Rapeseed 20,782 19,235 19,210 20,850 20,850
951 Oilseed, Soybean 1,198 1,220 998 1,125 1,245
6,987 Oilseed, Sunflowerseed 6,958 8,456 6,999 8,650 8,700
350 Other 396 531 468 511 511
29,921 Total 29,334 29,442 27,675 31,136 31,306
none
Imports none
429 Meal, Fish 355 466 330 420 420
127 Meal, Rapeseed 230 240 414 350 350
20,879 Meal, Soybean 21,877 20,872 16,943 19,100 19,100
4,020 Other 4,579 6,620 5,698 6,265 6,265
25,455 Total 27,041 28,198 23,385 26,135 26,135
none
Imports none
5,442 Oil, Palm 4,944 5,698 6,737 5,800 6,100
443 Oil, Rapeseed 491 605 210 300 300
547 Oil, Soybean 906 386 300 300 320
968 Oil, Sunflowerseed 817 991 942 1,230 1,230
1,554 Other 1,375 1,425 1,645 1,550 1,520
8,954 Total 8,533 9,105 9,834 9,180 9,470
none
Domestic Consumption none
750 Meal, Fish 633 692 551 670 670
12,918 Meal, Rapeseed 12,769 12,371 13,251 13,120 13,120
30,359 Meal, Soybean 30,952 29,870 26,894 27,932 27,961
7,599 Other 7,849 10,134 9,875 9,996 9,996
51,626 Total 52,203 53,067 50,571 51,718 51,747
none
Domestic Consumption none
5,220 Oil, Palm 4,910 5,630 6,213 5,755 6,055
9,928 Oil, Rapeseed 9,661 9,323 9,253 9,255 9,255
2,415 Oil, Soybean 2,745 1,989 1,650 1,770 1,770
3,501 Oil, Sunflowerseed 3,524 3,701 3,603 3,828 3,828
3,446 Other 3,452 3,440 3,279 3,409 3,407
24,510 Total 24,292 24,083 23,998 24,017 24,315
none
Industrial Dom. Cons. none
2,183 Oil, Palm 2,090 2,410 2,708 2,500 2,800
7,190 Oil, Rapeseed 6,972 7,000 6,810 6,850 6,850
1,030 Oil, Soybean 1,420 880 790 820 820
301 Oil, Sunflowerseed 227 233 210 250 250
446 Other 495 480 500 480 490
11,150 Total 11,204 11,003 11,018 10,900 11,210
none
Food Use Dom. Cons. none
2,750 Oil, Palm 2,597 2,950 3,230 2,980 2,980
2,733 Oil, Rapeseed 2,684 2,318 2,438 2,400 2,400
1,290 Oil, Soybean 1,235 1,040 800 890 890
3,197 Oil, Sunflowerseed 3,294 3,465 3,390 3,575 3,575
2,974 Other 2,932 2,934 2,751 2,907 2,887
12,944 Total 12,742 12,707 12,609 12,752 12,732
none
SME none
1,084 Meal, Fish 915 1,000 796 968 968
9,191 Meal, Rapeseed 9,085 8,802 9,428 9,335 9,335
30,359 Meal, Soybean 30,952 29,870 26,894 27,932 27,961
6,012 Other 6,130 7,939 7,747 7,885 7,885
46,646 Total 47,081 47,611 44,865 46,120 46,149
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.
March 2014
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
14,708 Oilseed, Peanut 15,644 16,046 16,692 16,600 17,000
13,657 Oilseed, Rapeseed 13,082 13,426 14,007 14,200 14,400
14,980 Oilseed, Soybean 15,080 14,485 13,050 12,200 12,200
1,956 Oilseed, Sunflowerseed 2,298 2,317 2,406 2,450 2,450
12,540 Other 11,953 13,325 13,720 12,540 12,540
57,841 Total 58,057 59,599 59,875 57,990 58,590
none
Imports none
1,042 Meal, Fish 1,212 1,249 981 1,270 1,270
993 Meal, Rapeseed 1,413 666 106 100 100
83 Meal, Soybean 294 113 16 50 50
40 Other 60 4 9 10 40
2,158 Total 2,979 2,032 1,112 1,430 1,460
none
Imports none
5,760 Oil, Palm 5,711 5,841 6,589 6,600 6,600
47 Oil, Peanut 68 62 65 60 60
785 Oil, Rapeseed 647 1,036 1,598 1,300 1,300
1,514 Oil, Soybean 1,319 1,502 1,409 1,470 1,470
169 Oil, Sunflowerseed 23 122 362 400 400
726 Other 618 669 770 710 690
9,001 Total 8,386 9,232 10,793 10,540 10,520
none
Domestic Consumption none
1,258 Meal, Fish 1,431 1,468 1,201 1,489 1,489
10,022 Meal, Rapeseed 10,317 10,737 10,695 10,798 10,881
37,546 Meal, Soybean 43,382 47,435 50,091 53,104 53,104
7,606 Other 7,751 8,093 8,734 8,474 8,600
56,432 Total 62,881 67,733 70,721 73,865 74,074
none
Domestic Consumption none
5,930 Oil, Palm 5,797 5,841 6,389 6,579 6,579
2,227 Oil, Peanut 2,432 2,585 2,745 2,697 2,775
5,641 Oil, Rapeseed 5,965 6,255 6,316 6,830 6,830
10,435 Oil, Soybean 11,109 11,944 12,545 13,654 13,654
493 Oil, Sunflowerseed 362 469 838 901 901
2,188 Other 2,026 2,144 2,335 2,185 2,165
26,914 Total 27,691 29,238 31,168 32,846 32,904
none
Food Use Dom. Cons. none
3,880 Oil, Palm 3,717 3,691 4,189 4,279 4,279
2,227 Oil, Peanut 2,432 2,585 2,745 2,697 2,775
5,641 Oil, Rapeseed 5,965 6,255 6,316 6,830 6,830
10,435 Oil, Soybean 11,109 11,944 12,545 13,654 13,654
493 Oil, Sunflowerseed 362 469 838 901 901
1,750 Other 1,605 1,668 1,715 1,635 1,615
24,426 Total 25,190 26,612 28,348 29,996 30,054
none
SME none
1,818 Meal, Fish 2,068 2,121 1,735 2,152 2,152
7,131 Meal, Rapeseed 7,341 7,639 7,609 7,683 7,742
37,546 Meal, Soybean 43,382 47,435 50,091 53,104 53,104
7,115 Other 7,306 7,640 8,251 8,029 8,171
53,610 Total 60,096 64,836 67,686 70,968 71,168
SME - 44 Percent Protein Soybean Meal Equivalent
March 2014
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2009/10 2010/11 2011/12 2012/13
Feb
2013/14
Mar
2013/14
none
Production none
10,402 Oilseed, Cottonseed 11,548 12,312 12,100 12,300 12,300
4,900 Oilseed, Peanut 5,850 5,500 5,000 5,500 5,500
6,400 Oilseed, Rapeseed 7,100 6,200 6,800 7,000 7,000
9,700 Oilseed, Soybean 9,800 11,000 11,500 11,800 11,800
820 Oilseed, Sunflowerseed 655 620 700 670 670
708 Other 698 700 690 690 690
32,930 Total 35,651 36,332 36,790 37,960 37,960
none
Imports none
9 Oil, Cottonseed 0 0 0 0 0
6,603 Oil, Palm 6,661 7,473 8,307 9,000 9,000
0 Oil, Peanut 0 0 0 0 0
18 Oil, Rapeseed 5 98 8 50 50
1,598 Oil, Soybean 945 1,174 1,086 1,230 1,230
611 Oil, Sunflowerseed 776 1,114 939 1,300 1,300
229 Other 195 168 335 218 218
9,068 Total 8,582 10,027 10,675 11,798 11,798
none
Domestic Consumption none
3,425 Meal, Cottonseed 3,694 3,927 3,957 4,135 4,135
1,324 Meal, Peanut 1,459 1,362 1,395 1,400 1,400
2,500 Meal, Rapeseed 2,630 2,650 2,735 2,795 2,795
2,570 Meal, Soybean 2,900 3,330 3,702 4,070 4,070
349 Meal, Sunflowerseed 260 275 294 295 295
300 Other 283 290 273 280 280
10,468 Total 11,226 11,834 12,356 12,975 12,975
none
Domestic Consumption none
1,060 Oil, Cottonseed 1,121 1,227 1,238 1,270 1,270
6,440 Oil, Palm 7,080 7,425 8,425 9,144 9,144
1,320 Oil, Peanut 1,260 1,185 1,189 1,185 1,185
2,096 Oil, Rapeseed 2,318 2,433 2,425 2,400 2,400
2,760 Oil, Soybean 2,640 2,750 2,950 3,000 3,000
912 Oil, Sunflowerseed 991 1,280 1,180 1,500 1,500
626 Other 614 598 691 652 652
15,214 Total 16,024 16,898 18,098 19,151 19,151
none
Food Use Dom. Cons. none
1,021 Oil, Cottonseed 1,080 1,185 1,195 1,225 1,225
6,200 Oil, Palm 6,820 7,125 8,100 8,800 8,800
1,305 Oil, Peanut 1,245 1,175 1,179 1,185 1,185
2,096 Oil, Rapeseed 2,318 2,433 2,425 2,400 2,400
2,760 Oil, Soybean 2,640 2,750 2,950 3,000 3,000
912 Oil, Sunflowerseed 991 1,280 1,180 1,500 1,500
322 Other 315 308 340 330 330
14,616 Total 15,409 16,256 17,369 18,440 18,440
none
SME none
2,775 Meal, Cottonseed 2,993 3,182 3,206 3,351 3,351
1,488 Meal, Peanut 1,640 1,531 1,568 1,574 1,574
1,779 Meal, Rapeseed 1,871 1,885 1,946 1,989 1,989
2,570 Meal, Soybean 2,900 3,330 3,702 4,070 4,070
330 Meal, Sunflowerseed 245 260 278 279 279
134 Other 126 130 122 125 125
9,075 Total 9,776 10,318 10,822 11,387 11,387
SME - 44 Percent Protein Soybean Meal Equivalent
March 2014
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 Average02/03-10/11 325 337 355 354 397 470 1321 403 443 425 605
2002/03 209 232 217 221 267 415 963 265 286 285 2872003/04 291 294 277 285 323 425 976 282 321 317 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 2,480 632 593 616 829
2012/13 Oct 522 561 571 597 617 745 1,488 571 677 623 591 Nov 525 529 544 556 589 723 1,418 580 652 618 577 Dec 525 532 547 552 607 838 1,363 549 670 623 526 Jan 525 526 538 530 592 688 1,350 573 672 628 554 Feb 536 539 546 540 596 622 1,350 571 686 641 570 Mar 536 537 529 538 588 611 1,381 542 649 619 536 Apr 529 N/A 506 518 N/A 589 1,400 547 568 623 523 May 547 555 527 541 N/A 600 1,400 529 561 554 556 Jun 555 569 544 546 N/A 595 1,400 538 535 543 601 Jul 562 534 531 534 N/A 534 1,388 534 446 492 569 Aug 507 515 518 522 N/A 518 1,360 518 407 482 587 Sep 489 511 549 543 556 562 1,393 498 440 496 654 Average 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 NA 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 478 493 502 545 590 503 1,320 498 492 525 915 Mar Apr May Jun Jul Aug Sep Average 471 479 512 538 564 553 1,358 465 482 511 827
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
3/ Rio Grande, Brazil FOB; IGC 4/ Argentina FOB Up River; 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.
3/10/2014 10:58:54 AM
March 2014
Year FishBeg U.S. Brz Arg Hamb U.S. Rott HambOct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/
Oct - Sep Average02/03-10/11 300 274 256 333 156 189 1116
2002/03 200 163 152 197 101 106 5982003/04 282 211 188 273 122 149 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 1,1462008/09 365 333 290 401 168 178 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 1,448
2012/13 Oct 538 562 565 555 316 333 1,635 Nov 513 540 539 539 297 330 1,812 Dec 506 544 539 553 294 335 1,880 Jan 476 485 501 512 278 336 1,919 Feb 486 462 496 513 262 327 1,884 Mar 482 445 474 503 255 299 1,803 Apr 465 417 465 521 245 295 1,847 May 513 444 497 527 237 336 1,816 Jun 548 479 510 548 257 347 1,800 Jul 600 482 500 567 271 305 1,726 Aug 512 477 473 564 244 283 1,713 Sep 552 533 516 552 240 295 1,659 Average 516 489 506 538 266 318 1,791
2013/14 Oct 491 563 534 555 260 313 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 561 494 543 571 314 312 1,559 Mar Apr May Jun Jul Aug Sep Average 525 518 531 551 293 314 1,577
1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Rio Grande, Brazil FOB; Bulk Rate 45-46% Protein; IGC.3/ Argentina Pellets, FOB Up River; IGC; 4/ Hanburg 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/
223
161
Table 30: Protein Meal Prices U.S. Dollars per Metric Ton
Soybean SunseedCottonseed
280281244
303
202137159166
361308333347
302
378415380
413366
391380
344363380364
411
RapeseedHamb
9/
205
139178131
443414429
221278
359
295
129184298195
370393402323
374399364382
317316336335
301276290353
3/10/2014 10:58:54 AM
332
356
March 2014
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 Average02/03-10/11 782 782 777 868 927 1,262 953 1,493 1,442 703 937 909 880
2002/03 486 489 491 534 832 731 592 1,034 1,139 421 588 449 6212003/04 661 567 542 633 688 738 663 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 1,236
2012/13 Oct 1,087 1,095 1,092 1,175 1,131 1,631 1,245 2,271 2,375 823 1,217 898 1,207 Nov 1,020 1,080 1,084 1,135 1,081 1,550 1,237 2,202 2,303 799 1,188 848 1,145 Dec 1,040 1,106 1,112 1,163 1,104 1,488 1,269 2,173 2,216 763 1,190 785 1,116 Jan 1,077 1,108 1,134 1,190 1,123 1,439 1,269 2,133 2,100 812 1,214 829 1,148 Feb 1,088 1,106 1,117 1,175 1,137 1,433 1,275 1,896 1,982 828 1,225 861 1,140 Mar 1,072 1,042 1,039 1,116 1,107 1,424 1,221 1,743 1,924 804 1,162 820 1,053 Apr 1,086 1,012 1,012 1,095 1,101 1,411 1,201 1,709 1,899 793 1,136 793 1,037 May 1,087 991 991 1,073 1,097 1,411 1,227 1,764 1,867 795 1,116 828 997 Jun 1,055 942 944 1,041 1,064 1,411 1,228 1,824 1,813 796 1,078 895 937 Jul 996 880 879 995 1,018 1,411 1,178 1,852 1,758 765 1,012 861 858 Aug 933 876 875 999 950 1,411 959 1,830 1,685 757 997 894 858 Sep 929 902 887 1,024 944 1,405 962 1,808 1,638 760 994 982 848 Average 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 818 878 879 983 1,274 1,257 943 1,368 1,303 846 975 1,362 905 Mar Apr May Jun Jul Aug Sep Average 834 888 892 980 1,020 1,274 966 1,600 1,465 817 995 1,231 8591/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil FOB; Bulk Rate; IGC. 3/ Argentina FOB; IGC4/ 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
3/10/2014 10:58:54 AM
Soybean Sunseed Peanut
March 2014