Explosive Growth in Vegetable Oil Demand Exacerbates Chinese Supply Deficit, Reliance on Imports. Imports
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- Kellie Lee
- 5 years ago
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1 United States Department of Agriculture Foreign Agricultural Service Circular Series FOP ember 2007 Million tons 35 Explosive Growth in Vegetable Oil Demand Exacerbates Chinese Supply Deficit, Reliance on Soybean Expand While Falls Imported Veg Oil Growth Outpaces Domestic Veg Oil Million tons mmt /04 04/05 05/06 06/07 07/08F 04/05 05/06 06/07 07/08 F Explosive growth in Chinese demand for vegetable oils, attributed to changing consumer preferences as incomes rise, is causing both soybean and vegetable oil imports to surge to record levels as the market attempts to balance amid rising prices. lining production caused by urbanization and falling water tables could push the gap between consumption and production to a record 19 million tons as processors bring in more beans for crush. However, the Chinese vegetable oil market is growing so fast that even the unprecedented growth in soybean imports will not satisfy the total demand for vegetable oil. Traditional soybean suppliers, Argentina, Brazil, and the United States will continue to benefit from this surging Chinese demand. Major palm oil producers Indonesia and Malaysia will also benefit as China considers temporary tariff reduction policies on oilseeds and vegetable oils to help mitigate inflation associated with rising vegetable oil prices. Approved by the World Agricultural Outlook Board/USDA
2 Table 01: Major Oilseeds: World Supply and Distribution (Commodity View) Million Metric Tons 2003/ / /06 Nov Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Exports Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Crush Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Ending Stocks Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Totals may not add due to rounding
3 Table 02: Major Protein Meals: World Supply and Distribution (Commodity View) Million Metric Tons 2003/ / /06 Nov Meal, Copra Meal, Cottonseed Meal, Fish Meal, Palm Kernel Meal, Peanut Meal, Rapeseed Meal, Soybean Meal, Sunflowerseed Total Exports Meal, Copra Meal, Cottonseed Meal, Fish Meal, Palm Kernel Meal, Peanut Meal, Rapeseed Meal, Soybean Meal, Sunflowerseed Total Meal, Copra Meal, Cottonseed Meal, Fish Meal, Palm Kernel Meal, Peanut Meal, Rapeseed Meal, Soybean Meal, Sunflowerseed Total Ending Stocks Meal, Copra Meal, Cottonseed Meal, Fish Meal, Palm Kernel Meal, Peanut Meal, Rapeseed Meal, Soybean Meal, Sunflowerseed Total Totals may not add due to rounding
4 Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View) Million Metric Tons 2003/ / /06 Nov Oil, Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflowerseed Total Oil, Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflowerseed Total Exports Oil, Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflowerseed Total Oil, Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflowerseed Total Ending Stocks Oil, Coconut Oil, Cottonseed Oil, Olive Oil, Palm Oil, Palm Kernel Oil, Peanut Oil, Rapeseed Oil, Soybean Oil, Sunflowerseed Total Totals may not add due to rounding
5 Table 04: Major Oilseeds: World Supply and Distribution (Country View) Million Metric Tons 2003/ / /06 Nov United States Brazil China, Peoples Republic of Argentina India Other Total China, Peoples Republic of EU Japan Mexico Taiwan Argentina Turkey Indonesia Thailand Korea, Republic of Other Total Exports Brazil United States Argentina Canada Paraguay Ukraine China, Peoples Republic of Other Total Crush China, Peoples Republic of United States Argentina EU Brazil India Russian Federation Indonesia Mexico Japan Malaysia Canada Pakistan Ukraine Turkey Other Total Ending Stocks Argentina Brazil United States China, Peoples Republic of EU Other Total Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
6 Table 05: Major Protein Meals: World Supply and Distribution (Country View) Million Metric Tons 2003/ / /06 Nov China, Peoples Republic of United States Argentina EU Brazil Other Total EU Korea, Republic of Thailand China, Peoples Republic of Indonesia Vietnam Japan Other Total Exports Argentina Brazil United States India Indonesia Malaysia Canada Other Total EU China, Peoples Republic of United States Brazil India Mexico Japan Thailand Korea, Republic of Indonesia Other Total SME EU China, Peoples Republic of United States Brazil India Mexico Japan Other Total Ending Stocks Argentina Brazil EU United States Malaysia Other Total Major Protien Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
7 Table 06: Major Vegetable Oils: World Supply and Distribution (Country View) Million Metric Tons 2003/ / /06 Nov Indonesia Malaysia China, Peoples Republic of EU United States Argentina India Other Total China, Peoples Republic of EU India United States Pakistan Bangladesh Egypt Iran Turkey Malaysia Other Total Exports Indonesia Malaysia Argentina Brazil Canada United States Ukraine Other Total China, Peoples Republic of EU India United States Indonesia Malaysia Brazil Pakistan Russian Federation Japan Mexico Turkey Nigeria Bangladesh Egypt Other Total Ending Stocks EU Malaysia United States Indonesia Argentina Other Total Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
8 Table 07: Soybeans: World Supply and Distribution Thousand Metric Tons 2003/ / /06 Nov United States 66,778 85,013 83,368 86,770 70,605 70,605 Brazil 51,000 53,000 57,000 59,000 62,000 62,000 Argentina 33,000 39,000 40,500 47,200 47,000 47,000 China, Peoples Republic of 15,394 17,400 16,350 16,000 14,300 14,300 India 6,800 5,850 7,000 7,690 8,200 9,200 Paraguay 3,911 4,040 3,640 6,200 6,500 6,500 Canada 2,263 3,042 3,161 3,460 2,780 2,700 Other 7,385 8,344 9,419 9,253 9,427 9,287 Total 186, , , , , ,592 China, Peoples Republic of 16,933 25,802 28,317 28,725 33,500 34,000 EU-27 14,675 14,540 13,952 15,150 15,761 15,250 Japan 4,688 4,295 3,962 4,094 4,150 4,150 Mexico 3,797 3,640 3,667 3,910 3,950 3,950 Taiwan 2,217 2,256 2,498 2,436 2,475 2,475 Argentina ,986 2,100 2,100 Thailand 1,407 1,517 1,501 1,532 1,650 1,650 Indonesia 1,059 1,112 1,280 1,500 1,600 1,600 Korea, Republic of 1,368 1,240 1,190 1,231 1,225 1,225 Turkey ,200 1,200 1,200 Other 6,716 7,571 6,246 7,084 7,590 7,657 Total 54,009 63,515 64,147 68,848 75,201 75,257 Exports Brazil 20,417 20,137 25,911 23,485 30,688 30,688 United States 24,128 29,860 25,579 30,428 26,535 27,080 Argentina 6,741 9,568 7,249 9,513 10,200 10,500 Paraguay 2,776 2,888 2,465 4,150 4,900 4,300 Canada 897 1,093 1,326 1,683 1,300 1,270 Other 1,228 1,197 1,457 1,848 1,600 1,600 Total 56,187 64,743 63,987 71,107 75,223 75,438 Crush United States 41,632 46,160 47,324 49,160 49,669 49,805 Argentina 25,040 27,313 31,888 33,586 38,500 38,500 China, Peoples Republic of 25,439 30,362 34,500 35,500 37,600 38,100 Brazil 29,323 29,252 28,285 30,680 29,700 29,700 EU-27 14,084 14,222 13,529 14,861 15,274 14,800 India 5,534 5,030 5,990 6,615 6,965 7,828 Mexico 3,889 3,729 3,823 3,955 4,010 4,010 Japan 3,536 3,149 2,820 2,925 2,925 2,925 Taiwan 2,046 2,013 2,190 2,161 2,225 2,225 Paraguay ,220 1,920 1,470 2,050 Bolivia 1,676 1,815 1,843 1,665 1,850 1,825 Thailand 1,385 1,500 1,413 1,432 1,543 1,543 Canada 1,534 1,580 1,504 1,534 1,500 1,500 Egypt ,157 1,100 1,100 Iran 938 1,066 1, ,000 1,000 Other 6,396 6,673 6,743 7,463 7,737 7,829 Total 163, , , , , ,740 Ending Stocks Argentina 14,615 15,976 16,473 21,062 20,753 19,600 Brazil 15,507 16,750 16,733 18,673 17,405 17,405 United States 3,059 6,960 12,229 15,589 5,706 5,025 China, Peoples Republic of 2,100 4,700 4,473 3,122 2,772 2,772 EU , Other 1,529 2,142 1,917 1,635 1,792 1,663 Total 37,716 47,408 52,812 61,108 49,346 47,316 Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a September/Augus MY. Canada is on an August/July MY. Paraguay is on a March/February MY and Turkey is on an March/February MY.
9 Table 08: Soybean Meal: World Supply and Distribution Thousand Metric Tons 2003/ / /06 Nov United States 32,953 36,936 37,416 39,033 39,357 39,448 Argentina 19,761 21,601 25,012 26,061 30,225 30,225 China, Peoples Republic of 20,190 24,026 27,296 28,100 29,800 30,150 Brazil 22,360 22,658 21,842 23,684 23,000 23,000 EU-27 11,084 11,194 10,643 11,700 12,000 11,655 India 4,422 4,005 4,772 5,268 5,545 6,245 Mexico 3,090 2,958 3,030 3,134 3,178 3,178 Other 14,718 15,366 15,538 16,708 16,908 17,410 Total 128, , , , , ,311 EU-27 22,012 21,910 22,822 22,228 24,400 23,400 Thailand 1,662 1,779 2,055 2,264 2,400 2,400 Indonesia 1,665 1,849 2,071 2,075 2,300 2,300 Korea, Republic of 1,307 1,462 1,773 1,870 2,000 2,000 Vietnam 963 1,152 1,722 1,740 1,770 2,000 Mexico 792 1,311 1,728 1,791 1,950 1,900 Japan 1,196 1,503 1,601 1,737 1,725 1,725 Philippines 1,163 1,377 1,272 1,485 1,560 1,560 Canada 1,079 1,145 1,342 1,416 1,450 1,450 Malaysia ,000 Other 12,602 11,863 13,540 14,066 15,623 15,723 Total 45,020 46,028 50,705 51,622 56,128 55,458 Exports Argentina 19,221 20,650 24,197 25,593 29,492 29,492 Brazil 14,792 14,256 12,895 12,715 12,000 12,000 United States 4,690 6,659 7,301 7,971 7,530 7,620 India 3,310 1,794 3,679 3,361 3,500 4,000 Paraguay 1, ,450 1,050 1,500 Other 2,468 2,603 2,512 2,779 2,785 2,676 Total 45,563 46,606 51,420 53,869 56,357 57,288 EU-27 32,735 32,574 32,757 33,374 35,757 34,512 United States 28,530 30,446 30,114 31,171 32,024 32,024 China, Peoples Republic of 19,547 23,437 27,776 27,266 30,000 30,350 Brazil 7,696 8,878 9,600 10,873 11,240 11,240 Mexico 3,865 4,268 4,751 4,920 5,124 5,074 Japan 4,175 3,978 3,846 3,992 4,002 4,002 Thailand 2,766 2,985 3,199 3,419 3,621 3,621 Korea, Republic of 2,194 2,196 2,381 2,661 2,760 2,760 Canada 2,191 2,277 2,391 2,478 2,485 2,485 Indonesia 1,650 1,838 2,085 2,084 2,290 2,290 India 1,123 1,379 1,660 2,045 2,077 2,272 Vietnam 963 1,152 1,722 1,740 1,770 2,000 Taiwan 1,719 1,705 1,815 1,767 1,845 1,845 Iran 1,601 1,066 1,428 1,550 1,647 1,677 Philippines 1,376 1,407 1,452 1,595 1,655 1,655 Other 16,335 17,541 18,800 20,596 21,545 21,706 Total 128, , , , , ,513 Ending Stocks Argentina 1,017 1,423 1,672 1,585 1,715 1,683 Brazil 1,801 1,577 1,119 1,383 1,563 1,363 EU United States Japan Other 1,297 2,207 1,383 1,062 1,106 1,007 Total 5,402 6,441 5,498 5,408 5,707 5,376 Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada i an August/July MY. Paraguay is on a March/February MY. Vietnam and the Philippines are on a January/ember MY and Bolivia is on March/February MY.
10 Table 09: Soybean Oil: World Supply and Distribution Thousand Metric Tons 2003/ / /06 Nov United States 7,748 8,782 9,248 9,292 9,396 9,421 Argentina 4,729 5,128 5,998 6,424 7,350 7,350 China, Peoples Republic of 4,535 5,421 6,149 6,340 6,730 6,800 Brazil 5,588 5,615 5,430 5,890 5,700 5,700 EU-27 2,531 2,545 2,419 2,660 2,735 2,650 India ,050 1,180 1,290 1,395 Mexico Other 3,370 3,508 3,547 3,824 3,834 3,966 Total 30,160 32,534 34,498 36,290 37,725 37,972 China, Peoples Republic of 2,728 1,728 1,516 2,404 2,600 2,600 India 906 2,026 1,727 1,403 1,525 1,400 EU , Iran Morocco Bangladesh Algeria Venezuela Peru Korea, Republic of Other 2,476 2,635 2,599 2,517 2,737 2,737 Total 8,325 8,879 8,948 9,829 10,560 10,345 Exports Argentina 4,238 4,757 5,597 5,954 6,600 6,400 Brazil 2,718 2,414 2,466 2,462 2,270 2,270 United States Paraguay EU Bolivia Malaysia Other Total 8,826 9,116 9,822 10,582 10,749 10,735 China, Peoples Republic of 7,157 7,203 7,607 8,600 9,335 9,405 United States 7,650 7,911 8,146 8,502 9,117 9,026 Brazil 2,954 3,115 3,133 3,384 3,500 3,500 EU-27 2,107 2,178 2,869 3,382 3,564 3,354 India 1,885 2,627 2,918 2,598 2,800 2,780 Argentina Mexico Iran Japan Korea, Republic of Morocco Taiwan Bangladesh Egypt Venezuela Other 3,422 3,948 4,071 4,221 4,479 4,476 Total 30,003 31,654 33,458 35,679 38,073 38,048 Ending Stocks United States ,366 1, Argentina Brazil China, Peoples Republic of India Other Total 2,371 3,014 3,180 3,038 2,604 2,572 Most countries are on an October/September Marketing Year (MY). Mexico is on a September/August MY. Peru is on an January/em MY and Paraguay and Bolivia are on a March/February MY.
11 Table 10: Soybeans and Products: World Trade Thousand Metric Tons Meal, Soybean Oil, Soybean Oilseed, Soybean Marketing Year 2005/ / /06 Exports North America 7,434 8,114 7, ,905 32,112 28,350 Canada (Aug-Jul) ,326 1,683 1,270 United States (Sep-Aug) 7,301 7,971 7, ,579 30,428 27,080 South America 38,953 40,658 43,988 8,485 8,945 9,252 36,319 37,968 46,378 Argentina (Oct-Sep) 24,197 25,593 29,492 5,597 5,954 6,400 7,249 9,513 10,500 Brazil (Oct-Sep) 12,895 12,715 12,000 2,466 2,462 2,270 25,911 23,485 30,688 Paraguay (Mar-Feb) 836 1,450 1, ,465 4,150 4,300 South Asia 3,681 3,362 4, India (Oct-Sep) 3,679 3,361 4, Other 1,352 1,735 1, , World Total 51,420 53,869 57,288 9,822 10,582 10,735 63,987 71,107 75,438 European Union 22,822 22,228 23, ,952 15,150 15,250 East Asia 4,307 3,806 4,750 1,976 2,887 3,107 36,010 36,541 41,930 China, Peoples Republic of (Oct-Sep) ,516 2,404 2,600 28,317 28,725 34,000 Japan (Oct-Sep) 1,601 1,737 1, ,962 4,094 4,150 Korea, Republic of (Oct-Sep) 1,773 1,870 2, ,190 1,231 1,225 Taiwan (Oct-Sep) ,498 2,436 2,475 Southeast Asia 7,918 8,533 9, ,338 3,701 4,062 Indonesia (Jan-) 2,071 2,075 2, ,280 1,500 1,600 Malaysia (Oct-Sep) , Philippines (Jan-) 1,272 1,485 1, Thailand (Sep-Aug) 2,055 2,264 2, ,501 1,532 1,650 Vietnam (Jan-) 1,722 1,740 2, North America 3,198 3,349 3, ,108 4,389 4,413 Canada (Aug-Jul) 1,342 1,416 1, Mexico (Sep-Aug) 1,728 1,791 1, ,667 3,910 3,950 South America 3,809 3,978 4, ,010 1,536 2,866 3,102 Brazil (Oct-Sep) Colombia (Jan-) Central America Caribbean Middle East 2,133 2,499 2, ,945 3,383 3,540 Iran (Jan-) , Israel (Oct-Sep) Syria (Jan-) Turkey (Nov-Oct) ,200 1,200 North Africa 1,618 1,792 1,880 1, ,050 1,200 1,602 1,600 Egypt (Jan-) ,165 1,100 Other 3,345 3,764 4,013 2,584 2,324 2, World Total 50,705 51,622 55,458 8,948 9,829 10,345 64,147 68,848 75,257
12 Table 11: Palm Oil: World Supply and Distribution Thousand Metric Tons 2003/ / /06 Nov Indonesia 11,970 13,560 15,560 16,600 18,300 18,300 Malaysia 13,420 15,194 15,485 15,290 16,600 16,600 Thailand Colombia Nigeria Other 2,432 2,544 2,681 2,697 2,697 2,697 Total 30,056 33,435 35,971 37,017 40,197 40,197 China, Peoples Republic of 3,710 4,363 4,975 5,139 5,700 5,700 EU-27 3,371 4,027 4,124 3,800 4,550 4,100 India 3,486 3,525 2,899 3,800 4,200 4,100 Pakistan 1,297 1,550 2,241 1,785 1,850 2,000 Bangladesh ,000 Egypt United States Russian Federation Turkey Japan Other 7,097 7,236 8,290 7,864 7,956 8,386 Total 21,417 23,944 26,232 26,379 28,309 28,389 Exports Indonesia 7,856 9,621 11,696 11,756 13,600 13,600 Malaysia 11,602 12,634 12,780 12,900 13,100 13,100 Papua New Guinea Jordan Colombia Other 1,326 1,349 1,413 1,432 1,458 1,498 Total 21,674 24,521 26,726 26,968 29,113 29,153 China, Peoples Republic of 3,710 4,363 4,975 5,139 5,700 5,700 Indonesia 3,779 4,015 4,361 4,540 4,605 4,605 India 3,598 3,406 3,125 3,769 4,295 4,195 EU-27 3,306 3,915 4,022 3,695 4,445 3,995 Malaysia 2,234 2,689 3,037 3,330 3,950 3,950 Pakistan 1,295 1,542 2,039 1,997 1,850 2,000 Nigeria ,005 1,010 1,022 1,022 Bangladesh ,015 Egypt United States Thailand Colombia Russian Federation Turkey Japan Iran Vietnam Burma, Union of Mexico South Africa, Republic of Other 5,299 5,856 6,367 6,516 6,378 6,783 Total 29,290 32,531 35,388 36,900 39,504 39,529 Ending Stocks Malaysia 1,318 1,527 1,941 1,301 1,251 1,251 Indonesia 1,120 1, EU Pakistan Singapore Other Total 3,128 3,455 3,544 3,072 2,955 2,976
13 2003/ / /06 Nov Most countries are based on a October/September Marketing Year (MY). EU-25, Philippines, and Thailand are on an January/ember and Turkey is on a November/October MY.
14 Table 12: Rapeseed and Products: World Supply and Distribution Thousand Metric Tons Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed Marketing Year 2005/ / /06 China, Peoples Republic of (Oct-Sep) 8,208 8,130 7,675 4,635 4,611 4,340 13,050 12,700 11,600 India (Oct-Sep) 3,725 3,410 2,955 2,298 2,135 1,863 7,000 5,800 5,400 Canada (Aug-Jul) 1,950 1,945 2,015 1,430 1,430 1,475 9,660 9,000 8,750 Japan (Oct-Sep) 1,277 1,255 1, EU-27 (Jul-Jun) 8,216 9,073 10,270 5,955 6,580 7,425 15,523 15,962 18,179 Other 2,852 3,026 3,418 1,915 2,055 2,275 3,519 3,318 4,377 World Total 26,228 26,839 27,596 17,144 17,706 18,278 48,753 46,781 48,307 China, Peoples Republic of (Oct-Sep) ,250 India (Oct-Sep) Canada (Aug-Jul) Japan (Oct-Sep) ,281 2,165 2,250 EU-27 (Jul-Jun) Other 2,245 2,460 2,517 1,022 1,004 1,085 3,165 3,174 3,629 World Total 2,554 2,953 3,008 1,454 2,238 2,251 6,667 6,979 7,914 Exports China, Peoples Republic of (Oct-Sep) India (Oct-Sep) Canada (Aug-Jul) 1,488 1,525 1,597 1,093 1,265 1,250 5,411 5,480 5,800 Japan (Oct-Sep) EU-27 (Jul-Jun) Other ,273 1,352 1,961 World Total 2,584 3,020 2,693 1,729 1,971 1,977 6,991 6,897 8,075 China, Peoples Republic of (Oct-Sep) 8,318 8,404 7,985 4,545 4,887 4,680 13,726 13,661 12,850 India (Oct-Sep) 3,015 2,830 2,540 2,298 2,135 1,863 6,637 6,499 5,636 Canada (Aug-Jul) ,907 3,882 3,977 Japan (Oct-Sep) 1,309 1,330 1, ,266 2,215 2,240 EU-27 (Jul-Jun) 8,272 9,113 10,270 6,198 7,286 7,996 15,249 16,718 18,763 Other 4,781 5,011 5,367 2,416 2,522 2,793 5,190 5,407 6,105 World Total 26,119 27,117 27,917 16,825 18,101 18,591 46,975 48,382 49,571 Ending Stocks China, Peoples Republic of (Oct-Sep) India (Oct-Sep) , Canada (Aug-Jul) ,007 1, Japan (Oct-Sep) EU-27 (Jul-Jun) ,044 1,707 1,413 Other World Total ,953 4,434 3,009 12/11/2007 8:45:37
15 Table 13: Sunflowerseed and Products World Supply and Distribution Thousand Metric Tons Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed Marketing Year 2005/ / /06 Argentina (Mar-Feb) 3,800 3,500 4,600 1,595 1,451 1,850 1,551 1,425 1,820 Russian Federation (Sep-Aug) 6,450 6,750 5,600 2,081 2,220 1,860 2,320 2,450 2,075 Turkey (Sep-Aug) Ukraine (Sep-Aug) 4,700 5,300 4,000 1,880 2,025 1,580 1,925 2,050 1,647 EU-27 (Oct-Sep) 5,958 6,483 4,532 2,892 3,100 2,430 2,105 2,255 1,765 Other 8,336 7,262 8,056 2,562 2,671 2,700 2,150 2,265 2,272 World Total 29,994 30,145 27,488 11,430 11,938 10,852 10,498 10,965 10,054 Argentina (Mar-Feb) Russian Federation (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) EU-27 (Oct-Sep) ,909 1,870 1,550 1,235 1,325 1,100 Other ,190 1,106 1,437 1,946 1,526 World Total 1,240 1,723 1,165 3,213 3,418 2,996 3,177 3,475 3,086 Exports Argentina (Mar-Feb) ,325 1,220 1,170 1,510 Russian Federation (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) ,337 1,483 1,035 1,579 1,875 1,135 EU-27 (Oct-Sep) Other World Total 1,492 1,846 1,210 3,517 3,643 3,291 3,909 4,123 3,419 Argentina (Mar-Feb) 3,789 3,499 4, Russian Federation (Sep-Aug) 6,045 6,530 5,530 1,281 1,370 1,320 1,767 1,884 1,750 Turkey (Sep-Aug) 1,103 1,220 1, Ukraine (Sep-Aug) 4,590 4,922 3, EU-27 (Oct-Sep) 6,159 6,515 5,050 4,597 4,794 3,914 3,194 3,452 2,982 Other 7,748 7,663 7,817 3,347 3,664 3,614 3,314 3,929 3,567 World Total 29,434 30,349 27,824 11,044 11,649 10,645 9,690 10,546 9,889 Ending Stocks Argentina (Mar-Feb) 1,272 1,208 1, Russian Federation (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) EU-27 (Oct-Sep) Other World Total 2,816 2,489 2,
16 Table 14: Minor Vegetable Oil Supply and Distribution Thousand Metric Tons Oil, Peanut Oil, Cottonseed Oil, Olive Marketing Year 2005/ / /06 China, Peoples Republic of (Oct-Sep) 2,270 2,280 2,185 1,352 1,525 1,587 India (Oct-Sep) 1,557 1,335 1, ,028 Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) ,000 2,340 2,340 Other 1,041 1,095 1,097 1,732 1,748 1, World Total 4,967 4,805 4,854 4,654 4,890 4,857 2,593 2,990 3,018 China, Peoples Republic of (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total Exports China, Peoples Republic of (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total China, Peoples Republic of (Oct-Sep) 2,256 2,280 2,170 1,352 1,514 1,567 India (Oct-Sep) 1,592 1,389 1, ,020 Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) ,026 2,125 2,135 Other ,727 1,759 1, World Total 5,014 4,900 4,896 4,656 4,831 4,843 2,783 2,932 2,935 Ending Stocks China, Peoples Republic of (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total
17 Oil, Peanut Oil, Cottonseed Oil, Olive Marketing Year 2005/ / /06 Turkey's Cottonseed Oil Marketing Year (MY) is October/September. China and India are not included in the Olive Oil database. The EU-25's Oilve Oil MY is November/October and the U.S. MY for Oilve Oil is October/September.
18 Table 15: World Oilseeds and Products Supply and Distribution Area Beginning Harvested Stocks Million Metric Tons Total Supply Exports Food Use Domestic Dom. Cons. Consumpti Ending Stocks Major Oilseeds 1994/ / / / / / / / / / / / Major Protien Meals 1994/ / / / / / / / / / / / Major Vegetable Oils 1994/ / / / / / / / / / / / Based on the aggregate of different marketing years
19 Table 16: World: Soybeans and Products Supply and Distribution Million Metric Tons Area Beginning Harvested Stocks Total Supply Exports Crush Domestic Consumpti Ending Stocks Oilseed, Soybean 1994/ / / / / / / / / / / / Meal, Soybean 1994/ / / / / / / / / / / / Oil, Soybean 1994/ / / / / / / / / / / / Based on the aggregate of different marketing years, primarily Ocober through September.
20 Table 17: World: Rapeseed and Products Supply and Distribution Area Beginning Harvested Stocks Million Metric Tons Total Supply Exports Food Use Domestic Dom. Cons. Consumpti Ending Stocks Oilseed, Rapeseed 1994/ / / / / / / / / / / / Meal, Rapeseed 1994/ / / / / / / / / / / / Oil, Rapeseed 1994/ / / / / / / / / / / / Based on the aggregate of different marketing years.
21 Table 18: World: Sunflower and Products Supply and Distribution Area Beginning Harvested Stocks Million Metric Tons Exports Domestic Consumpti Ending Stocks Oilseed, Sunflowerseed 1994/ / / / / / / / / / / / Meal, Sunflowerseed 1994/ / / / / / / / / / / / Oil, Sunflowerseed 1994/ / / / / / / / / / / / Based on the aggregate of different marketing years, primarily September through August.
22 Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution Beginning Stocks Million Metric Tons Total Exports Industrial Food Use Domestic Supply Dom. Cons. Dom. Cons. Consumpti Ending Stocks Oil, Palm 1994/ / / / / / / / / / / / Oil, Cottonseed 1994/ / / / / / / / / / / / Meal, Fish 1994/ / / / / / / / / / / / Based on the aggregate of different marketing years.
23 Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year Thousand Metric Tons Area Beginning Harvested Stocks Total Supply Exports Crush Domestic Consumpti Ending Stocks Major Oilseeds 1994/95 32,183 6,678 79, ,859 23,865 43,994 52,721 10, /96 33,536 10,273 69, ,765 23,872 42,572 49,842 6, /97 32,555 6,051 74, ,400 24,746 44,135 52,000 4, /98 35,351 4,654 83, ,419 24,519 48,889 57,455 6, /99 35,275 6,445 84, ,494 22,721 47,814 57,993 10, /00 37,149 10,780 82, ,854 27,395 47,891 57,474 8, /01 36,805 8,985 84, ,693 27,976 49,066 58,897 7, /02 37,323 7,820 89, ,305 29,966 50,622 61,466 6, /03 36,284 6,873 83, ,358 29,433 47,495 56,090 5, /04 36,041 5,835 76, ,938 25,159 45,529 53,627 4, /05 36,808 4,152 95, ,771 30,708 50,167 61,774 8, /06 36,587 8,289 95, ,485 26,611 51,897 63,673 14,201 36,962 14,201 96,612 1, ,844 31,683 53,449 63,167 16,994 31,432 16,994 80, ,047 28,091 53,926 63,861 6,095 Major Protien Meals 1994/ , ,300 6,468 43,994 27, / ,294 1,048 33,604 5,765 42,572 27, / ,772 1,025 35,049 6,705 44,135 28, / ,422 1,355 39,006 8,958 48,889 29, / ,799 1,206 38,304 7,234 47,814 30, / ,700 1,224 38,257 7,138 47,891 30, / ,219 1,166 39,682 7,605 49,066 31, / ,892 1,059 40,347 7,521 50,622 32, / ,608 1,194 38,088 5,924 47,495 31, / ,214 1,835 37,295 4,944 45,529 32, / ,265 1,529 41,068 6,954 50,167 33, / ,950 1,653 41,818 7,608 51,897 33, ,534 1,699 43,594 8,247 53,449 34, ,800 1,802 43,995 7,877 53,926 35, Major Vegetable Oils 1994/ ,486 1,294 10,554 1,953 43,994 7, / ,169 1,279 10, ,572 8,059 1, /97 0 1,151 8,333 1,553 11,037 1,515 44,135 8, / ,505 1,644 12,092 2,044 48,889 9, / ,430 1,436 11,850 1,634 47,814 9, / ,371 1,527 11,897 1,126 47,891 9,554 1, /01 0 1,217 9,509 1,683 12,409 1,047 49,066 9,722 1, /02 0 1,640 9,645 1,627 12,912 1,549 50,622 10,058 1, /03 0 1,305 9,184 1,542 12,031 1,237 47,495 9, / ,768 1,911 11, ,529 10, / ,757 1,834 12, ,167 10,451 1, /06 0 1,093 10,390 2,388 13, ,897 11,172 1, ,798 10,436 2,519 14,753 1,315 53,449 11,782 1, ,656 10,528 2,601 14,785 1,156 53,926 12,385 1,244 Based on the aggregate of different marketing years
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