Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand

Transcription

1 United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 6-09 e 2009 Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand Soybean Oil Exports and Industrial Use MMT / / / / /2009 Ind Use MY Exports Bazil s soybean oil exports are expected to decline sharply as the government announced a further increase in biodiesel admixtures. This will lead to additional growth in industrial oil use (biodiesel and other non-food uses) and lower exportable supplies. Further complicating the picture is the heightened foreign demand for Brazil s soybeans in response to significant crop losses in Argentina and Paraguay. Fewer beans and reduced crush means less soybean oil production, particularly late 2009 and early 2010, when soybean supplies are expected to be nearly exhausted. This will provide additional opportunities for US exporters. Approved by the World Agricultural Outlook Board/USDA

2 PRICES U.S. soybean export bids, FOB Gulf, in the first week in e averaged $473 per ton, the highest level since August last year. The sharp rise in export prices is primarily attributed to tightening stocks of old crop driven by unusually large exports to China for this time of year. As of week-ending May 28, 2009, U.S. soybean sales commitments (outstanding 200 sales plus accumulated exports) to China totaled 18.5 million tons, compared to 13.5 million a year ago. Total commitments to the world amounted to 33.7 million tons compared to 30.0 million the same period last year. TRADE CHANGES IN U.S. Gulf/FOB ($/Metric ton) Aug-07 U.S. Gulf Soybean Export Bids U.S. soybean exports are boosted 0.3 million tons to a record 34.0 million due to continued strong sales, primarily to China. Argentina s soybean exports are slashed 2.0 million tons to 5.4 million with worsening crop prospects. Brazil s soybean exports are boosted 1.0 million tons to 27.2 million spurred by reduced competition from Argentina and strong demand from China. China s soybean imports are boosted 1.3 million tons to 38.8 million with estimated strong imports in recent months. EU-27 rapeseed imports are raised 0.3 million tons to 3.1 million as large imports from Australia continue. Oct-07 Dec-07 Feb-08 Apr Aug-08 Oct-08 Dec-08 Feb-09 Apr-09-09

3 Table 01: Major Oilseeds: World Supply and Distribution (Commodity View) Million Metric Tons 2005/ /07 May 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 Oilseed, Copra Oilseed, Cottonseed Oilseed, Palm Kernel Oilseed, Peanut Oilseed, Rapeseed Oilseed, Soybean Oilseed, Sunflowerseed Total Totals may not add due to rounding

4 Table 02: Major Protein Meals: World Supply and Distribution (Commodity View) Million Metric Tons 2005/ /07 May 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 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 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

5 Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View) Million Metric Tons 2005/ /07 May 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 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

6 Table 04: Major Oilseeds: World Supply and Distribution (Country View) Million Metric Tons 2005/ /07 May United States Brazil China Argentina India Other Total China EU Japan Mexico Taiwan Turkey Indonesia Thailand Korea, South United States Other Total Exports United States Brazil Argentina Canada Paraguay Ukraine China Other Crush Total China United States EU Argentina Brazil India Russia Indonesia Canada Ukraine Mexico Malaysia Pakistan Japan Philippines Other Total Ending Argentina Brazil China United States EU Other Total Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.

7 Table 05: Major Protein Meals: World Supply and Distribution (Country View) Million Metric Tons 2005/ /07 May China United States Argentina EU Brazil Other Total EU Korea, South Vietnam Indonesia Thailand United States Japan Other Total Exports Argentina Brazil United States India Indonesia Canada Malaysia Other Total EU China United States Brazil India Japan Mexico Thailand Korea, South Indonesia Other SME Total China EU United States Brazil India Japan Mexico Other Total Ending Brazil Argentina EU India United States Other Total Major Protien Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.

8 Table 06: Major Vegetable Oils: World Supply and Distribution (Country View) Million Metric Tons 2005/ /07 May Indonesia Malaysia China EU United States Argentina India Other Total China EU India United States Pakistan Bangladesh Egypt Malaysia Iran Turkey Other Total Exports Indonesia Malaysia Argentina Brazil United States Canada Ukraine Other Total China EU India United States Indonesia Malaysia Brazil Pakistan Russia Japan Mexico Turkey Nigeria Egypt Bangladesh Other Total Ending Malaysia United States Indonesia EU India Other Total Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.

9 Table 07: Soybeans: World Supply and Distribution 2005/ /07 May United States 83,507 87,001 72,859 80,536 86,954 86,954 Brazil 57,000 59,000 61,000 57,000 60,000 60,000 Argentina 40,500 48,800 46,200 32,000 51,000 51,000 China 16,350 15,967 14,000 16,000 15,600 15,600 India 7,000 7,690 9,470 9,650 10,000 10,000 Paraguay 3,640 5,856 6,900 3,800 5,750 5,750 Canada 3,161 3,460 2,700 3,300 3,400 3,400 Other 9,512 9,337 8,048 8,625 9,018 8,968 Total 220, , , , , ,672 China 28,317 28,726 37,816 38,800 38,100 38,100 EU-27 13,937 15,291 15,123 12,800 12,900 12,900 Japan 3,962 4,094 4,014 3,450 3,950 3,950 Mexico 3,667 3,844 3,614 3,100 3,490 3,490 Taiwan 2,498 2,436 2,149 1,980 2,250 2,250 Thailand 1,473 1,532 1,753 1,575 1,705 1,705 Indonesia 1,187 1,309 1,147 1,200 1,600 1,600 Turkey 1,078 1,268 1, ,280 1,280 Egypt 776 1,328 1,061 1,030 1,200 1,200 Korea, South 1,190 1,231 1,232 1,130 1,200 1,200 Other 6,044 8,003 8,971 6,337 6,723 6,723 Total 64,129 69,062 78,157 72,352 74,398 74,398 Exports United States 25,579 30,386 31,598 34,020 34,292 34,292 Brazil 25,911 23,485 25,364 27,240 24,000 24,000 Argentina 7,249 9,559 13,837 5,400 9,400 9,400 Paraguay 2,380 4,361 5,400 2,300 3,970 3,970 Canada 1,326 1,683 1,753 1,875 1,900 1,900 Other 1,359 1,836 1,659 1,730 1,740 1,785 Crush Total 63,804 71,310 79,611 72,565 75,302 75,347 United States 47,324 49,198 49,024 44,906 45,586 45,586 China 34,500 35,970 39,518 41,035 43,050 43,250 Argentina 31,888 33,586 34,607 32,000 35,100 35,100 Brazil 28,285 31,109 32,114 31,800 31,600 31,600 EU-27 13,670 14,670 14,870 12,500 12,600 12,600 India 5,990 6,615 8,170 8,300 8,700 8,700 Mexico 3,823 3,900 3,675 3,215 3,615 3,615 Japan 2,820 2,925 2,890 2,540 2,750 2,750 Taiwan 2,190 2,161 1,965 1,775 1,990 1,970 Paraguay 1,181 1,355 1,400 1,500 1,550 1,550 Thailand 1,413 1,406 1,514 1,450 1,497 1,497 Canada 1,497 1,524 1,383 1,325 1,400 1,400 Iran 1,254 1,000 1, ,280 1,280 Russia ,051 1,190 1,225 1,225 Bolivia 1,843 1,670 1,160 1,060 1,210 1,210 Other 6,835 7,765 7,296 6,851 7,682 7,672 Total 185, , , , , ,005 Ending Argentina 16,473 22,606 21,760 16,000 20,875 20,875 Brazil 16,641 18,190 18,902 13,940 16,415 15,455 China 4,573 2,700 4,245 7,260 6,291 7,060 United States 12,229 15,617 5,580 2,987 6,262 5,717 EU , Other 2,558 2,654 1,617 1,154 1,587 1,467 Total 53,207 62,885 52,918 41,848 51,877 51,021 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 and Turkey is on an March/February MY.

10 Table 08: Soybean Meal: World Supply and Distribution 2005/ /07 May United States 37,416 39,058 38,322 35,530 36,137 36,137 China 27,296 28,465 31,280 32,475 34,070 34,228 Argentina 25,012 26,061 27,070 25,024 27,454 27,454 Brazil 21,920 24,110 24,890 24,647 24,490 24,490 EU-27 10,760 11,550 11,715 9,848 9,928 9,928 India 4,782 5,280 6,521 6,625 6,944 6,944 Mexico 3,015 3,075 2,900 2,530 2,850 2,850 Other 15,615 16,335 15,770 14,752 16,365 16,347 Total 145, , , , , ,378 EU-27 22,829 22,213 24,074 22,600 23,000 23,100 Indonesia 2,071 2,237 2,429 2,450 2,600 2,600 Vietnam 1,722 2,373 2,439 2,300 2,500 2,500 Thailand 2,042 2,275 1,934 2,100 2,208 2,208 Korea, South 1,773 1,870 1,760 1,850 1,850 1,850 Japan 1,601 1,737 1,747 1,630 1,700 1,700 Mexico 1,728 1,780 1,401 1,500 1,485 1,485 Philippines 1,374 1,357 1,213 1,315 1,450 1,450 Canada 1,342 1,415 1,511 1,375 1,350 1,350 Venezuela ,063 1,050 1,100 1,100 Other 13,852 14,469 14,744 14,521 15,124 15,154 Total 51,160 52,586 54,315 52,691 54,367 54,497 Exports Argentina 24,222 25,637 26,816 24,625 26,555 26,555 Brazil 12,895 12,715 12,138 12,772 11,850 11,850 United States 7,301 7,987 8,419 7,983 8,346 8,346 India 3,679 3,461 4,790 3,950 4,800 4,800 Paraguay ,117 1,167 1,064 1,064 Other 3,040 3,388 2,529 2,546 2,336 2,416 Total 51,781 53,985 55,809 53,043 54,951 55,031 China 27,776 27,630 30,849 31,905 33,720 33,798 EU-27 32,875 33,228 35,169 32,721 32,640 32,740 United States 30,114 31,184 30,078 27,669 27,941 27,941 Brazil 9,328 11,118 12,250 12,440 12,740 12,740 Mexico 4,751 4,871 4,350 4,020 4,316 4,316 Japan 3,846 3,992 4,007 3,679 3,818 3,818 Thailand 3,183 3,348 3,228 3,245 3,373 3,373 Indonesia 2,085 2,236 2,420 2,444 2,600 2,600 Korea, South 2,381 2,661 2,515 2,552 2,586 2,549 Vietnam 1,722 2,373 2,439 2,300 2,500 2,500 Canada 2,392 2,476 2,485 2,320 2,350 2,350 India 1,525 1,852 2,056 2,483 2,270 2,270 Iran 1,504 1,612 1,873 1,546 1,938 1,938 Taiwan 1,800 1,750 1,555 1,502 1,650 1,634 Russia 1,140 1,444 1,560 1,540 1,567 1,567 Other 19,119 20,481 20,540 20,098 21,466 21,474 Total 145, , , , , ,608 Ending Brazil 1,469 1,913 2,588 2,178 2,230 2,230 Argentina 1,647 1,480 1, ,156 1,109 EU , United States India Other 1,494 1, Total 6,226 6,505 6,105 4,720 4,990 4,956 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.

11 Table 09: Soybean Oil: World Supply and Distribution 2005/ /07 May United States 9,248 9,294 9,329 8,496 8,639 8,623 China 6,149 6,410 7,045 7,314 7,673 7,709 Argentina 5,998 6,424 6,627 6,118 6,712 6,712 Brazil 5,430 5,970 6,160 6,102 6,060 6,060 EU-27 2,460 2,640 2,667 2,249 2,267 2,267 India 1,070 1,180 1,458 1,481 1,552 1,552 Mexico Other 3,590 3,749 3,611 3,374 3,737 3,736 Total 34,615 36,352 37,544 35,699 37,276 37,295 China 1,516 2,404 2,727 2,170 2,400 2,400 India 1,727 1, EU , Morocco Iran Venezuela Algeria Bangladesh Peru Egypt Other 2,736 2,735 3,117 2,939 3,090 3,086 Total 9,067 9,896 10,486 8,994 9,770 9,666 Exports Argentina 5,597 5,970 5,789 5,090 5,565 5,565 Brazil 2,466 2,462 2,388 1,910 2,145 1,850 United States , ,247 1,338 Paraguay EU Bolivia China Other Total 9,844 10,565 10,863 9,230 10,044 9,833 China 7,607 8,670 9,693 9,486 9,960 9,994 United States 8,147 8,426 8,313 7,348 7,575 7,484 Brazil 3,133 3,475 3,830 4,265 4,005 4,300 EU-27 2,915 3,368 3,377 2,899 2,823 2,883 India 2,933 2,598 2,300 2,240 2,275 2,275 Argentina ,064 1,100 1,100 Mexico Iran Japan Egypt Morocco Korea, South Venezuela Bangladesh Algeria Other 4,213 4,305 4,356 4,323 4,550 4,515 Total 33,573 35,798 37,677 35,754 37,070 37,131 Ending United States 1,365 1,399 1,126 1,367 1,081 1,202 Brazil Argentina India EU Other Total 3,441 3,326 2,816 2,525 2,441 2,522 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.

12 Table 10: Soybeans and Products: World Trade Meal, Soybean Oil, Soybean Oilseed, Soybean Marketing Year Exports North America 8,547 8,091 8,458 1, ,375 33,351 35,895 36,192 Canada (Aug-Jul) ,753 1,875 1,900 United States (Sep-Aug) 8,419 7,983 8,346 1, ,338 31,598 34,020 34,292 South America 40,921 39,334 40,354 8,631 7,392 7,819 45,512 35,873 38,307 Argentina (Oct-Sep) 26,816 24,625 26,555 5,789 5,090 5,565 13,837 5,400 9,400 Brazil (Oct-Sep) 12,138 12,772 11,850 2,388 1,910 1,850 25,364 27,240 24,000 Paraguay (Mar-Feb) 1,117 1,167 1, ,400 2,300 3,970 South Asia 4,791 3,951 4, India (Oct-Sep) 4,790 3,950 4, Other 1,550 1,667 1, World Total 55,809 53,043 55,031 10,863 9,230 9,833 79,611 72,565 75,347 European Union 0 22,600 23, ,800 12,900 East Asia 3,734 3,812 3,852 3,184 2,600 2,875 45,253 45,403 45,545 China (Oct-Sep) ,727 2,170 2,400 37,816 38,800 38,100 Japan (Oct-Sep) 1,747 1,630 1, ,014 3,450 3,950 Korea, South (Oct-Sep) 1,760 1,850 1, ,232 1,130 1,200 Taiwan (Oct-Sep) ,149 1,980 2,250 Southeast Asia 8,959 9,086 9, ,595 3,460 4,208 Indonesia (Oct-Sep) 2,429 2,450 2, ,147 1,200 1,600 Malaysia (Oct-Sep) Philippines (Jan-Dec) 1,213 1,315 1, Thailand (Sep-Aug) 1,934 2,100 2, ,753 1,575 1,705 Vietnam (Jan-Dec) 2,439 2,300 2, North America 3,040 3,002 2, ,192 3,737 4,167 Canada (Aug-Jul) 1,511 1,375 1, Mexico (Sep-Aug) 1,401 1,500 1, ,614 3,100 3,490 South America 4,252 4,152 4,384 1,047 1,029 1,101 3,752 1, Brazil (Oct-Sep) Colombia (Oct-Sep) Central America Caribbean Middle East 25 2,936 3, ,312 2,500 3,450 Iran (Oct-Sep) , ,070 Israel (Oct-Sep) Syria (Jan-Dec) Turkey (Nov-Oct) , ,280 North Africa 1,598 1,575 1,672 1,506 1,275 1,305 1,470 1,405 1,625 Egypt (Oct-Sep) ,061 1,030 1,200 Other 31,033 3,829 3,964 2,920 1,720 1,893 16,351 1,136 1,265 World Total 54,315 52,691 54,497 10,486 8,994 9,666 78,157 72,352 74,398

13 Table 11: Palm Oil: World Supply and Distribution 2005/ /07 May Indonesia 15,560 16,600 18,000 19,500 20,750 20,750 Malaysia 15,485 15,290 17,567 17,700 18,500 18,500 Thailand 784 1,170 1,050 1,200 1,300 1,300 Nigeria Colombia Other 2,661 2,689 2,722 2,743 2,783 2,783 Total 35,980 37,329 40,989 42,763 44,953 44,953 China 4,975 5,139 5,223 5,500 6,000 6,000 India 2,899 3,800 4,532 5,200 5,300 5,300 EU-27 4,272 4,407 4,694 4,300 4,500 4,500 Pakistan 1,703 2,218 1,840 2,100 2,250 2,250 United States ,156 1,202 1,202 Bangladesh ,000 1,070 1,140 1,140 Egypt Iran Malaysia Russia Other 8,455 8,279 9,265 9,791 10,236 10,236 Total 26,278 27,474 29,989 31,897 33,348 33,478 Exports Malaysia 12,931 12,900 14,644 15,300 15,700 15,700 Indonesia 11,696 11,650 13,505 14,650 15,500 15,580 Thailand Papua New Guinea Jordan Other 1,443 1,628 1,624 1,571 1,591 1,591 Total 26,870 27,101 30,851 32,473 33,996 34,076 China 4,975 5,139 5,223 5,500 6,000 6,000 India 3,125 3,769 4,612 5,085 5,440 5,440 Indonesia 4,255 4,501 4,665 4,875 5,005 5,005 EU-27 4,151 4,256 4,392 4,350 4,360 4,365 Malaysia 2,926 3,109 2,896 3,251 3,640 3,640 Pakistan 1,708 2,218 1,840 2,100 2,250 2,250 United States ,064 1,202 1,202 Nigeria 1,005 1,035 1,090 1,120 1,150 1,150 Bangladesh ,015 1,085 1,140 1,140 Thailand Egypt Iran Russia Vietnam Japan Colombia Turkey Burma South Africa Mexico Other 6,649 6,671 7,247 7,591 7,888 7,898 Total 35,254 37,587 39,763 42,369 44,455 44,581 Ending Malaysia 1,881 1,462 1,951 1,600 1,460 1,460 Indonesia 702 1,173 1,023 1,018 1,283 1,203 EU Thailand India Other Total 3,720 3,835 4,199 4,017 3,871 3,791

14 Table 11: Palm Oil: World Supply and Distribution (Continued) 2005/ /07 May Most countries are based on a October/September Marketing Year (MY). EU-25, Philippines, and Thailand are on an January/December MY and Turkey is on a November/October MY.

15 Table 12: Rapeseed and Products: World Supply and Distribution Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed Marketing Year China (Oct-Sep) 6,856 8,047 8,494 3,870 4,544 4,796 10,573 11,800 13,200 India (Oct-Sep) 3,120 3,560 3,770 1,968 2,245 2,378 5,450 7,000 7,100 Canada (Aug-Jul) 2,440 2,500 2,885 1,675 1,725 1,990 9,528 12,600 10,300 Japan (Oct-Sep) 1,275 1,249 1, EU-27 (Jul-) 10,500 11,639 11,802 7,575 8,402 8,517 18,358 19,006 18,500 Other 3,423 3,756 4,109 2,307 2,530 2,738 4,384 7,141 6,383 World Total 27,614 30,751 32,298 18,297 20,330 21,295 48,294 57,548 55,484 China (Oct-Sep) , India (Oct-Sep) Canada (Aug-Jul) Japan (Oct-Sep) ,257 2,150 2,200 EU-27 (Jul-) ,100 2,350 Other 3,111 3,137 3,528 1,402 1,472 1,641 3,609 3,708 4,353 World Total 3,556 3,551 3,983 2,028 2,307 2,441 7,562 11,278 10,023 Exports China (Oct-Sep) India (Oct-Sep) 1, , Canada (Aug-Jul) 1,856 1,925 2,190 1,278 1,350 1,580 5,774 6,850 6,500 Japan (Oct-Sep) EU-27 (Jul-) Other ,032 4,178 3,628 World Total 3,594 3,622 4,138 1,902 2,208 2,523 8,206 11,132 10,233 China (Oct-Sep) 7,069 8,097 8,654 4,139 4,834 4,936 11,378 13,300 14,060 India (Oct-Sep) 2,040 2,450 2,720 1,967 2,200 2,366 5,866 6,640 7,061 Canada (Aug-Jul) ,342 4,720 5,350 Japan (Oct-Sep) 1,307 1,324 1, ,250 2,205 2,185 EU-27 (Jul-) 10,413 11,558 11,799 7,774 8,569 9,018 19,129 21,114 21,385 Other 6,174 6,421 6,974 3,213 3,353 3,628 5,959 6,573 7,165 World Total 27,596 30,430 32,127 18,421 20,325 21,327 48,924 54,552 57,206 Ending China (Oct-Sep) India (Oct-Sep) Canada (Aug-Jul) ,400 2,530 1,130 Japan (Oct-Sep) EU-27 (Jul-) ,853 1,218 Other World Total ,386 6,528 4,596 6/10/2009 8:55:09 AM

16 Table 13: Sunflowerseed and Products World Supply and Distribution Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed Marketing Year Argentina (Mar-Feb) 4,650 2,900 4,000 1,606 1,568 1,520 1,576 1,525 1,475 Russia (Sep-Aug) 5,650 7,350 7,000 1,917 2,247 2,303 2,130 2,499 2,561 Turkey (Sep-Aug) Ukraine (Sep-Aug) 4,200 6,500 5,500 1,700 2,357 2,136 1,726 2,391 2,167 EU-27 (Oct-Sep) 4,799 7,095 6,604 2,440 3,210 3,248 1,773 2,335 2,363 Other 7,029 8,121 7,803 2,192 2,526 2,626 1,921 2,219 2,305 World Total 27,028 32,796 31,757 10,338 12,391 12,342 9,670 11,513 11,442 Argentina (Mar-Feb) Russia (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) EU-27 (Oct-Sep) ,548 1,700 1,350 1,063 1,040 1,000 Other ,054 1,429 1,508 1,042 2,199 2,115 World Total 1,241 1,768 1,556 2,839 3,529 3,303 2,576 3,674 3,640 Exports Argentina (Mar-Feb) , ,219 1,140 1,090 Russia (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) ,273 1,690 1,430 1,325 1,720 1,550 EU-27 (Oct-Sep) Other World Total 1,407 1,918 1,757 3,203 3,677 3,451 3,361 4,095 3,916 Argentina (Mar-Feb) 3,887 3,785 3, Russia (Sep-Aug) 5,648 6,756 6,870 1,301 1,450 1,532 1,885 1,933 1,950 Turkey (Sep-Aug) 1,277 1,277 1, Ukraine (Sep-Aug) 4,133 5,717 5, EU-27 (Oct-Sep) 4,990 6,709 6,690 3,962 4,769 4,543 2,901 3,235 3,246 Other 6,637 7,746 7,771 3,106 3,796 3,953 2,668 4,049 4,107 World Total 26,572 31,990 31,510 10,058 12,086 12,242 8,959 10,909 11,117 Ending Argentina (Mar-Feb) 2,479 1,639 1, Russia (Sep-Aug) Turkey (Sep-Aug) Ukraine (Sep-Aug) EU-27 (Oct-Sep) Other World Total 3,377 4,033 4,

17 Table 14: Minor Vegetable Oil Supply and Distribution Oil, Peanut Oil, Cottonseed Oil, Olive Marketing Year China (Oct-Sep) 2,020 2,143 2,112 1,625 1,600 1,500 India (Oct-Sep) 1,675 1,545 1,753 1,062 1,030 1,111 Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) ,170 2,250 2,250 Other 1,109 1,190 1,144 1,918 1,786 1, World Total 4,897 4,966 5,088 5,220 4,915 4,881 2,839 2,968 2,988 China (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total Exports China (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total China (Oct-Sep) 2,016 2,139 2,108 1,621 1,597 1,497 India (Oct-Sep) 1,612 1,525 1,698 1,054 1,038 1,101 Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) ,060 2,070 2,070 Other 1,025 1,050 1,053 1,907 1,785 1, World Total 4,865 4,942 5,064 5,087 4,871 4,799 2,918 2,952 2,964 Ending China (Oct-Sep) India (Oct-Sep) Turkey (Nov-Oct) United States (Aug-Jul) EU-27 (Oct-Sep) Other World Total

18 Table 14: Minor Vegetable Oil Supply and Distribution (Continued) Oil, Peanut Oil, Cottonseed Oil, Olive Marketing Year 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.

19 Table 15: World Oilseeds and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Total Supply Exports Food Use Dom. Domestic Consumpti Ending Major Oilseeds 1996/ / / / / / / / / / / Major Protien Meals 1996/ / / / / / / / / / / Major Vegetable Oils 1996/ / / / / / / / / / / Based on the aggregate of different marketing years

20 Table 16: World: Soybeans and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Total Supply Exports Crush Domestic Consumpti Ending Oilseed, Soybean 1996/ / / / / / / / / / / Meal, Soybean 1996/ / / / / / / / / / / Oil, Soybean 1996/ / / / / / / / / / / Based on the aggregate of different marketing years, primarily Ocober through September.

21 Table 17: World: Rapeseed and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Total Supply Exports Food Use Dom. Domestic Consumpti Ending Oilseed, Rapeseed 1996/ / / / / / / / / / / Meal, Rapeseed 1996/ / / / / / / / / / / Oil, Rapeseed 1996/ / / / / / / / / / / Based on the aggregate of different marketing years.

22 Table 18: World: Sunflower and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Exports Domestic Consumpti Ending Oilseed, Sunflowerseed 1996/ / / / / / / / / / / Meal, Sunflowerseed 1996/ / / / / / / / / / / Oil, Sunflowerseed 1996/ / / / / / / / / / / Based on the aggregate of different marketing years, primarily September through August.

23 Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution Million Metric Tons Beginning Total Supply Exports Industrial Dom. Food Use Dom. Domestic Consumpti Ending Oil, Palm 1996/ / / / / / / / / / / Oil, Coconut 1996/ / / / / / / / / / / Meal, Fish 1996/ / / / / / / / / / / Based on the aggregate of different marketing years.

24 Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year Area Harvested Beginning Total Supply Exports Crush Domestic Consumpti Ending Major Oilseeds 1996/97 32,555 6,051 74, ,400 24,745 44,134 52,001 4, /98 35,351 4,654 83, ,419 24,519 48,887 57,455 6, /99 35,275 6,445 84, ,493 22,721 47,813 57,992 10, /00 37,149 10,780 82, ,854 27,395 47,905 57,474 8, /01 36,805 8,985 84, ,693 27,976 49,189 58,898 7, /02 37,323 7,819 89, ,304 29,965 50,631 61,466 6, /03 36,284 6,873 83, ,358 29,433 47,505 56,090 5, /04 36,041 5,835 76, ,943 25,159 45,539 53,632 4, /05 36,808 4,152 95, ,777 30,708 50,167 61,780 8, /06 36,587 8,289 95, ,623 26,611 51,897 63,811 14, /07 36,962 14,201 96,843 1, ,077 31,647 53,483 63,407 17,023 31,970 17,023 82,453 1, ,741 33,115 53,425 60,717 6,909 35,249 6,909 88,980 1,328 97,217 34,907 49,108 57,724 4,586 35,126 4,586 94,523 1, ,445 35,335 50,059 58,204 6,906 Major Protien Meals 1996/ ,772 1,025 35,049 6,705 44,134 28, / ,422 1,355 39,006 8,958 48,887 29, / ,747 1,206 38,252 7,234 47,813 30, / ,728 1,224 38,285 7,138 47,905 30, / ,256 1,166 39,719 7,605 49,189 31, / ,905 1,059 40,360 7,521 50,631 32, / ,595 1,194 38,075 5,924 47,505 31, / ,211 1,835 37,292 4,944 45,539 32, / ,262 1,529 41,065 6,954 50,167 33, / ,944 1,653 41,812 7,608 51,897 33, / ,509 1,699 43,569 8,264 53,483 34, ,868 1,980 43,236 8,739 53,425 34, ,913 2,067 40,314 8,268 49,108 31, ,678 2,240 41,252 8,633 50,059 32, Major Vegetable Oils 1996/97 0 1,151 8,333 1,553 11,037 1,516 44,134 8, / ,505 1,644 12,092 2,044 48,887 9, / ,390 1,436 11,810 1,634 47,813 9, / ,394 1,527 11,920 1,126 47,905 9,577 1, /01 0 1,217 9,533 1,683 12,433 1,047 49,189 9,746 1, /02 0 1,640 9,663 1,627 12,930 1,549 50,631 10,076 1, /03 0 1,305 9,184 1,536 12,025 1,237 47,505 9, / ,764 1,911 11, ,539 10, / ,754 1,841 12, ,167 10,427 1, /06 0 1,124 10,383 2,379 13, ,897 11,191 1, /07 0 1,797 10,405 2,526 14,728 1,333 53,483 11,654 1, ,741 10,523 3,108 15,372 1,678 53,425 12,233 1, ,461 9,652 3,441 14,554 1,356 49,108 11,418 1, ,780 9,815 3,586 15,181 1,695 50,059 11,919 1,567 Based on the aggregate of different marketing years