Coconut Oil Prices Spike

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United States Department of Agriculture Foreign Agricultural Service 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 Approved by the World Agricultural Outlook Board/USDA

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. 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.

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 Bill.George@fas.usda.gov Yoonhee Macke (202) 690-4199 Yoonhee.Macke@fas.usda.gov Rachel Trego (202) 720-1073 Rachel.Trego@fas.usda.gov To download the tables in the publication, go to, 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 ket and Trade and World Agricultural Reports: http://apps.fas.usda.gov/psdonline/psddatapublications.aspx Archives World ket and Trade and World Agricultural Reports: http://usda.mannlib.cornell.edu/mannusda/viewtaxonomy.do?taxonomyid=7, Supply and Distribution Database (PSD Online): http://apps.fas.usda.gov/psdonline/psdhome.aspx Global Agricultural Trade System (U.S. Exports and ): 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/

Table 01: Major Oilseeds: World Supply and Distribution (Commodity View) Million Metric Tons 2009/10 2010/11 2011/12 Feb Oilseed, Copra 5.71 5.89 5.56 5.80 5.82 5.68 Oilseed, Cottonseed 39.51 44.30 47.78 46.07 44.08 44.07 Oilseed, Palm Kernel 12.43 12.91 13.79 14.85 15.48 15.48 Oilseed, Peanut 36.18 39.85 38.27 40.11 39.47 39.83 Oilseed, Rapeseed 61.06 60.58 61.48 63.02 70.12 70.47 Oilseed, Soybean 260.60 264.15 239.57 267.47 287.69 285.43 Oilseed, Sunflowerseed 32.14 33.63 40.64 36.39 43.30 43.33 Total 447.63 461.29 447.10 473.72 505.96 504.30 Oilseed, Copra 0.10 0.14 0.08 0.04 0.12 0.12 Oilseed, Cottonseed 0.55 0.85 1.10 0.93 0.83 0.83 Oilseed, Palm Kernel 0.04 0.04 0.03 0.03 0.02 0.02 Oilseed, Peanut 1.98 2.34 2.35 2.27 2.28 2.22 Oilseed, Rapeseed 10.74 10.10 13.18 12.78 13.36 13.51 Oilseed, Soybean 86.84 88.82 93.43 95.23 105.33 105.34 Oilseed, Sunflowerseed 1.48 1.57 1.63 1.21 1.79 1.80 Total 101.73 103.84 111.80 112.48 123.74 123.83 Exports Oilseed, Copra 0.10 0.11 0.11 0.08 0.08 0.08 Oilseed, Cottonseed 0.57 1.02 1.14 1.02 1.02 1.02 Oilseed, Palm Kernel 0.02 0.02 0.04 0.03 0.03 0.03 Oilseed, Peanut 2.38 2.89 2.95 2.67 2.79 2.72 Oilseed, Rapeseed 10.82 10.87 12.92 12.48 13.57 13.67 Oilseed, Soybean 91.44 91.70 92.27 99.65 109.33 108.22 Oilseed, Sunflowerseed 1.56 1.79 1.93 1.48 2.10 2.05 Total 106.88 108.38 111.35 117.41 128.91 127.77 Crush Oilseed, Copra 5.65 5.95 5.50 5.89 5.84 5.69 Oilseed, Cottonseed 30.34 32.54 34.44 34.66 33.95 33.76 Oilseed, Palm Kernel 12.51 12.80 13.72 14.61 15.40 15.40 Oilseed, Peanut 15.25 16.57 16.60 17.33 17.44 17.68 Oilseed, Rapeseed 56.69 59.01 60.93 62.60 64.70 64.85 Oilseed, Soybean 209.19 221.36 228.02 229.10 238.75 239.04 Oilseed, Sunflowerseed 29.59 29.88 36.88 32.54 37.72 37.71 Total 359.21 378.12 396.07 396.72 413.80 414.11 Ending Oilseed, Copra 0.35 0.29 0.30 0.15 0.22 0.14 Oilseed, Cottonseed 0.91 1.37 1.95 1.40 1.32 1.32 Oilseed, Palm Kernel 0.19 0.22 0.16 0.25 0.30 0.30 Oilseed, Peanut 1.65 2.36 1.51 2.15 1.86 2.00 Oilseed, Rapeseed 8.86 7.20 5.17 3.16 5.56 5.81 Oilseed, Soybean 60.96 70.36 53.51 57.79 73.01 70.64 Oilseed, Sunflowerseed 2.76 2.64 2.29 2.35 3.71 3.83 Total 75.68 84.44 64.89 67.25 85.97 84.04 Totals may not add due to rounding

Table 02: Major Protein Meals: World Supply and Distribution (Commodity View) Million Metric Tons 2009/10 2010/11 2011/12 Feb Meal, Copra 1.86 1.97 1.81 1.95 1.93 1.88 Meal, Cottonseed 13.81 14.83 15.70 15.76 15.46 15.37 Meal, Fish 3.97 5.01 4.08 4.19 4.57 4.57 Meal, Palm Kernel 6.62 6.77 7.24 7.73 8.13 8.13 Meal, Peanut 5.95 6.47 6.48 6.78 6.89 6.92 Meal, Rapeseed 33.46 34.73 35.93 37.02 38.14 38.22 Meal, Soybean 165.01 174.68 180.35 180.58 188.50 188.66 Meal, Sunflowerseed 13.08 13.23 16.07 14.31 16.45 16.44 Total 243.75 257.68 267.66 268.32 280.08 280.20 Meal, Copra 0.78 0.55 0.78 0.86 0.85 0.84 Meal, Cottonseed 0.37 0.49 0.42 0.44 0.41 0.41 Meal, Fish 2.63 2.65 2.92 2.34 2.87 2.87 Meal, Palm Kernel 4.32 4.57 5.11 5.25 5.24 5.24 Meal, Peanut 0.11 0.12 0.04 0.03 0.07 0.10 Meal, Rapeseed 3.62 4.97 5.09 5.16 5.20 5.22 Meal, Soybean 53.36 56.70 56.79 53.43 58.05 58.22 Meal, Sunflowerseed 3.49 3.86 6.08 4.67 5.79 5.79 Total 68.68 73.91 77.23 72.19 78.46 78.68 Exports Meal, Copra 1.08 0.59 0.79 1.04 0.99 0.85 Meal, Cottonseed 0.38 0.42 0.51 0.48 0.45 0.45 Meal, Fish 2.27 2.49 2.51 2.07 2.66 2.66 Meal, Palm Kernel 4.97 5.20 5.81 5.87 5.97 5.97 Meal, Peanut 0.13 0.15 0.07 0.07 0.10 0.10 Meal, Rapeseed 3.61 5.15 5.37 5.38 5.60 5.58 Meal, Soybean 55.61 58.55 58.27 57.48 61.12 61.43 Meal, Sunflowerseed 4.13 4.57 6.80 5.09 6.35 6.35 Total 72.16 77.12 80.12 77.49 83.24 83.39 Meal, Copra 1.85 1.84 1.73 1.91 1.86 1.85 Meal, Cottonseed 13.72 14.90 15.59 15.75 15.44 15.35 Meal, Fish 4.71 4.75 4.92 4.35 4.90 4.90 Meal, Palm Kernel 5.90 6.21 6.59 6.95 7.36 7.36 Meal, Peanut 5.95 6.43 6.49 6.74 6.85 6.91 Meal, Rapeseed 33.30 34.48 35.54 37.12 37.50 37.62 Meal, Soybean 160.94 170.82 177.36 176.74 184.66 184.49 Meal, Sunflowerseed 12.42 12.48 14.83 14.57 15.73 15.72 Total 238.79 251.91 263.04 264.14 274.31 274.20 Ending Meal, Copra 0.04 0.13 0.21 0.08 0.18 0.09 Meal, Cottonseed 0.20 0.19 0.21 0.17 0.15 0.15 Meal, Fish 0.19 0.61 0.18 0.30 0.17 0.17 Meal, Palm Kernel 0.32 0.24 0.19 0.35 0.39 0.39 Meal, Peanut 0.06 0.07 0.04 0.04 0.05 0.05 Meal, Rapeseed 0.43 0.50 0.61 0.29 0.52 0.52 Meal, Soybean 6.64 8.66 10.17 9.96 11.19 10.92 Meal, Sunflowerseed 0.61 0.65 1.17 0.49 0.65 0.65 Total 8.49 11.05 12.78 11.66 13.30 12.95 Totals may not add due to rounding

Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View) Million Metric Tons 2009/10 2010/11 2011/12 Feb Oil, Coconut 3.52 3.70 3.41 3.65 3.63 3.54 Oil, Cottonseed 4.59 4.96 5.25 5.27 5.14 5.11 Oil, Olive 3.08 3.25 3.24 2.67 3.28 3.28 Oil, Palm 46.04 48.73 51.95 55.77 58.43 58.43 Oil, Palm Kernel 5.60 5.73 6.14 6.51 6.86 6.86 Oil, Peanut 4.89 5.33 5.32 5.55 5.60 5.67 Oil, Rapeseed 22.56 23.52 24.22 24.90 25.71 25.76 Oil, Soybean 38.80 41.30 42.59 42.81 44.61 44.66 Oil, Sunflowerseed 12.28 12.42 15.34 13.53 15.67 15.67 Total 141.37 148.94 157.45 160.65 168.93 168.98 Oil, Coconut 2.28 1.78 1.82 1.88 1.88 1.82 Oil, Cottonseed 0.07 0.07 0.08 0.08 0.06 0.06 Oil, Olive 0.52 0.55 0.62 0.65 0.63 0.63 Oil, Palm 35.20 36.30 38.82 42.33 42.66 42.95 Oil, Palm Kernel 2.55 2.43 2.54 3.02 2.83 2.81 Oil, Peanut 0.19 0.20 0.16 0.16 0.19 0.19 Oil, Rapeseed 2.92 3.31 4.01 3.88 3.84 3.84 Oil, Soybean 8.64 9.40 7.96 8.43 8.80 8.81 Oil, Sunflowerseed 3.73 3.64 5.64 4.96 6.40 6.40 Total 56.10 57.68 61.64 65.38 67.28 67.50 Exports Oil, Coconut 2.17 1.71 1.88 1.90 1.88 1.79 Oil, Cottonseed 0.11 0.14 0.17 0.15 0.14 0.14 Oil, Olive 0.68 0.75 0.85 0.78 0.79 0.79 Oil, Palm 35.47 36.87 39.02 42.65 43.29 43.29 Oil, Palm Kernel 2.49 2.54 2.44 2.74 2.92 2.92 Oil, Peanut 0.19 0.17 0.17 0.20 0.19 0.22 Oil, Rapeseed 2.73 3.42 3.97 3.93 4.07 4.07 Oil, Soybean 9.10 9.56 8.47 9.25 9.19 9.28 Oil, Sunflowerseed 4.47 4.52 6.41 5.48 7.03 7.03 Total 57.41 59.67 63.38 67.07 69.50 69.53 Oil, Coconut 3.84 3.67 3.53 3.78 3.74 3.68 Oil, Cottonseed 4.59 4.78 5.16 5.24 5.09 5.06 Oil, Olive 2.97 3.03 3.07 2.85 3.01 3.01 Oil, Palm 45.15 47.90 51.05 54.94 56.62 56.91 Oil, Palm Kernel 5.47 5.70 5.95 6.62 6.83 6.84 Oil, Peanut 5.04 5.32 5.37 5.53 5.58 5.61 Oil, Rapeseed 22.61 23.50 23.78 23.69 24.65 24.66 Oil, Soybean 38.20 40.70 41.99 42.45 44.21 44.33 Oil, Sunflowerseed 11.79 11.76 13.11 13.32 14.55 14.55 Total 139.65 146.37 153.00 158.41 164.27 164.64 Ending Oil, Coconut 0.64 0.75 0.57 0.42 0.41 0.32 Oil, Cottonseed 0.16 0.27 0.26 0.22 0.20 0.20 Oil, Olive 0.60 0.62 0.57 0.27 0.37 0.37 Oil, Palm 5.61 5.87 6.57 7.08 8.06 8.26 Oil, Palm Kernel 0.89 0.81 1.10 1.27 1.15 1.18 Oil, Peanut 0.10 0.13 0.08 0.05 0.07 0.07 Oil, Rapeseed 1.29 1.19 1.67 2.82 3.66 3.70 Oil, Soybean 3.37 3.81 3.90 3.43 3.53 3.30 Oil, Sunflowerseed 1.51 1.28 2.74 2.44 2.93 2.92 Total 14.16 14.74 17.46 18.01 20.39 20.32 Totals may not add due to rounding

Table 04: Major Oilseeds: World Supply and Distribution (Country View) Million Metric Tons 2009/10 2010/11 2011/12 Feb United States 98.90 100.38 92.35 93.15 97.32 97.32 Brazil 71.44 79.04 70.02 84.51 93.00 91.50 China 57.84 58.06 59.60 59.88 57.99 58.59 Argentina 57.88 54.23 44.78 53.63 57.74 57.74 India 32.93 35.65 36.33 36.79 37.96 37.96 Other 128.64 133.94 144.03 145.77 161.96 161.20 Total 447.63 461.29 447.10 473.72 505.96 504.30 China 52.54 53.66 62.29 63.52 72.55 72.64 European Union 15.88 16.29 16.89 17.00 16.75 16.79 Japan 5.91 5.47 5.34 5.58 5.56 5.54 Mexico 5.20 5.36 5.39 5.09 5.40 5.40 Taiwan 2.47 2.46 2.29 2.29 2.51 2.41 Indonesia 1.90 2.19 2.15 2.10 2.32 2.31 Turkey 2.59 2.34 2.03 2.02 2.24 2.24 Thailand 1.74 2.22 2.00 1.96 2.11 2.12 United States 1.07 0.95 1.29 1.49 1.72 1.90 Egypt 1.68 1.70 1.72 1.72 1.80 1.79 Other 10.75 11.20 10.42 9.72 10.80 10.71 Total 101.73 103.84 111.80 112.48 123.74 123.83 Exports Brazil 28.65 30.07 36.41 42.02 45.11 45.14 United States 41.69 41.94 37.78 36.94 41.86 42.41 Canada 9.47 10.20 11.66 10.65 11.67 11.67 Argentina 13.79 10.03 8.10 8.45 8.83 8.73 Paraguay 4.10 5.27 3.61 5.35 5.85 4.35 Ukraine 2.41 2.85 2.83 2.72 4.43 4.33 Australia 1.37 2.21 3.32 4.31 3.11 3.21 Other 5.40 5.82 7.64 6.97 8.03 7.93 Crush Total 106.88 108.38 111.35 117.41 128.91 127.77 China 81.41 87.41 96.29 102.64 105.57 105.92 United States 51.49 49.34 50.35 50.24 50.46 50.05 European Union 41.76 41.14 41.24 42.37 42.27 42.39 Brazil 35.99 39.37 41.17 36.98 39.92 39.94 Argentina 37.19 41.58 39.95 36.28 39.57 39.57 India 25.11 29.13 28.86 29.17 29.44 29.44 Russia 8.69 7.83 11.96 11.05 12.54 12.54 Ukraine 7.67 8.49 11.01 9.32 11.91 11.91 Indonesia 7.57 7.68 8.35 9.06 9.80 9.80 Canada 6.08 7.74 8.41 8.18 9.30 9.30 Mexico 5.47 5.73 5.86 5.76 5.89 5.89 Pakistan 5.33 5.17 5.83 5.50 5.66 5.66 Malaysia 4.97 4.97 5.05 5.28 5.28 5.28 Japan 4.84 4.52 4.35 4.38 4.45 4.45 Paraguay 1.79 1.78 1.12 3.09 3.45 3.85 Other 33.87 36.26 36.28 37.45 38.30 38.13 Total 359.21 378.12 396.07 396.72 413.80 414.11 Ending Argentina 22.06 22.53 17.09 23.81 30.72 30.95 Brazil 17.69 23.95 13.23 16.01 20.87 19.36 China 15.32 16.12 17.05 13.25 14.13 14.34 United States 5.54 7.31 5.57 5.76 5.76 5.62 Canada 3.14 2.54 0.95 0.95 2.89 2.89 Other 11.92 11.99 10.99 7.47 11.60 10.87 Total 75.68 84.44 64.89 67.25 85.97 84.04 Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.

Table 05: Major Protein Meals: World Supply and Distribution (Country View) Million Metric Tons 2009/10 2010/11 2011/12 Feb China 55.67 60.43 66.79 71.17 73.71 73.87 United States 40.07 38.06 39.52 38.65 39.03 38.74 Brazil 27.24 29.65 31.02 27.93 30.18 30.19 Argentina 27.97 31.07 29.71 27.26 29.83 29.83 European Union 27.00 26.59 26.48 27.42 27.29 27.32 Other 65.81 71.88 74.15 75.89 80.04 80.24 Total 243.75 257.68 267.66 268.32 280.08 280.20 European Union 25.46 27.04 28.20 23.39 26.14 26.14 Indonesia 2.66 3.32 3.53 3.63 3.86 3.86 Thailand 2.93 2.75 3.37 3.27 3.60 3.60 Korea, South 3.32 3.08 3.38 3.55 3.55 3.55 United States 1.34 2.24 3.03 3.39 3.46 3.50 Vietnam 3.17 2.96 2.55 3.30 3.12 3.32 Japan 2.51 2.49 2.57 2.06 2.61 2.61 Other 27.30 30.03 30.61 29.61 32.14 32.12 Total 68.68 73.91 77.23 72.19 78.46 78.68 Exports Argentina 25.55 28.39 26.93 24.02 27.78 27.78 Brazil 12.99 13.99 14.68 13.24 14.00 14.00 United States 10.31 8.49 9.16 10.43 10.23 10.23 India 3.97 6.23 5.41 5.00 4.47 4.47 Ukraine 2.52 2.93 3.86 3.07 4.15 4.15 Indonesia 2.87 3.14 3.68 3.80 4.01 3.91 Canada 2.06 3.22 3.49 3.66 3.81 3.81 Other 11.89 10.73 12.90 14.26 14.79 15.04 Total 72.16 77.12 80.12 77.49 83.24 83.39 China 56.43 62.88 67.73 70.72 73.87 74.07 European Union 51.63 52.20 53.07 50.57 51.72 51.75 United States 31.01 31.78 33.43 31.62 32.24 32.00 Brazil 14.11 15.44 15.61 15.42 15.79 15.80 India 10.47 11.23 11.83 12.36 12.98 12.98 Mexico 5.47 5.73 5.81 5.63 5.81 5.81 Japan 5.87 5.75 5.74 5.33 5.70 5.70 Thailand 4.60 4.85 5.22 5.33 5.58 5.58 Indonesia 3.31 3.68 3.88 4.22 4.71 4.81 Russia 3.72 3.99 4.39 4.49 4.74 4.74 Other 52.17 54.39 56.33 58.46 61.19 60.98 SME Total 238.79 251.91 263.04 264.14 274.31 274.20 China 53.61 60.10 64.84 67.69 70.97 71.17 European Union 46.65 47.08 47.61 44.87 46.12 46.15 United States 30.47 30.92 32.39 30.44 31.03 30.79 Brazil 13.90 15.16 15.32 15.19 15.54 15.55 India 9.08 9.78 10.32 10.82 11.39 11.39 Japan 5.74 5.60 5.60 5.12 5.52 5.52 Thailand 4.55 4.73 5.13 5.21 5.48 5.48 Other 59.91 62.98 65.59 67.53 70.90 70.78 Total 223.91 236.34 246.80 246.88 256.95 256.83 Ending Argentina 1.75 2.73 3.64 4.96 4.96 4.96 Brazil 2.17 2.45 3.21 2.52 2.93 2.93 European Union 0.81 1.04 1.17 0.25 0.66 0.66 Indonesia 0.22 0.44 0.48 0.53 0.62 0.49 United States 0.34 0.38 0.34 0.31 0.34 0.34 Other 3.19 4.02 3.95 3.09 3.80 3.57 Total 8.49 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.

Table 06: Major Vegetable Oils: World Supply and Distribution (Country View) Million Metric Tons 2009/10 2010/11 2011/12 Feb Indonesia 25.59 27.24 30.13 32.73 35.58 35.58 China 17.88 19.02 21.00 22.40 22.99 23.10 Malaysia 19.94 20.39 20.42 21.64 21.49 21.49 European Union 16.74 16.65 16.66 16.47 17.14 17.16 United States 10.07 9.79 10.04 10.20 10.22 10.15 Argentina 7.69 8.80 8.48 7.44 8.15 8.15 Brazil 7.16 7.81 8.21 7.46 8.00 8.01 Other 36.29 39.25 42.52 42.33 45.36 45.33 Total 141.37 148.94 157.45 160.65 168.93 168.98 India 9.07 8.58 10.03 10.68 11.80 11.80 China 9.00 8.39 9.23 10.79 10.54 10.52 European Union 8.95 8.53 9.11 9.83 9.18 9.47 United States 3.34 3.61 3.83 3.79 4.16 4.14 Malaysia 2.12 2.38 2.65 2.51 2.58 2.57 Pakistan 2.03 2.12 2.26 2.30 2.50 2.50 Egypt 1.90 2.24 2.14 1.92 2.28 2.35 Iran 0.97 1.45 1.35 1.48 1.69 1.69 Bangladesh 1.31 1.38 1.41 1.45 1.52 1.46 Turkey 0.62 0.86 1.11 1.26 1.25 1.25 Other 16.80 18.13 18.53 19.37 19.80 19.76 Total 56.10 57.68 61.64 65.38 67.28 67.50 Exports Indonesia 18.72 18.46 20.73 22.42 23.65 23.65 Malaysia 16.47 17.66 17.63 19.15 18.72 18.72 Argentina 5.10 5.59 4.65 4.70 5.21 5.21 Ukraine 2.69 2.70 3.33 3.32 4.18 4.18 Canada 1.86 2.49 2.75 2.63 2.76 2.78 European Union 1.31 1.62 2.00 2.41 1.97 2.02 Russia 0.76 0.41 1.80 1.27 1.88 1.88 Other 10.51 10.74 10.48 11.18 11.13 11.10 Total 57.41 59.67 63.38 67.07 69.50 69.53 China 26.91 27.69 29.24 31.17 32.85 32.90 European Union 24.51 24.29 24.08 24.00 24.02 24.32 India 15.21 16.02 16.90 18.10 19.15 19.15 United States 11.20 11.92 12.79 12.99 13.37 13.34 Indonesia 6.72 7.95 8.92 9.93 10.80 10.80 Brazil 6.06 6.35 6.67 6.77 6.99 6.99 Malaysia 5.16 5.23 5.09 5.17 5.18 5.18 Pakistan 3.28 3.39 3.55 3.57 3.81 3.81 Russia 3.10 3.14 3.21 3.37 3.48 3.47 Argentina 2.42 3.03 3.55 2.83 3.06 3.06 Egypt 2.08 2.27 2.42 2.54 2.50 2.58 Mexico 2.16 2.22 2.30 2.33 2.38 2.38 Japan 2.23 2.20 2.16 2.20 2.26 2.25 Turkey 1.66 1.74 1.78 1.92 2.05 2.05 Nigeria 1.87 1.93 1.94 2.01 2.04 2.03 Other 25.08 26.99 28.42 29.53 30.38 30.37 Total 139.65 146.37 153.00 158.41 164.27 164.64 Ending China 1.13 0.78 1.69 3.62 4.22 4.25 Indonesia 0.50 1.37 1.88 2.30 3.46 3.46 Malaysia 2.37 2.25 2.59 2.43 2.62 2.60 European Union 2.39 1.66 1.34 1.23 1.31 1.53 United States 1.99 1.61 1.54 1.16 1.20 1.12 Other 5.78 7.07 8.41 7.28 7.60 7.36 Total 14.16 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.

Table 07: Soybeans: World Supply and Distribution Thousand Metric Tons 2009/10 2010/11 2011/12 Feb United States 91,417 90,605 84,192 82,561 89,507 89,507 Brazil 69,000 75,300 66,500 82,000 90,000 88,500 Argentina 54,500 49,000 40,100 49,300 54,000 54,000 China 14,980 15,080 14,485 13,050 12,200 12,200 India 9,700 9,800 11,000 11,500 11,800 11,800 Paraguay 6,462 7,128 4,043 8,300 9,300 8,100 Canada 3,581 4,445 4,298 5,086 5,200 5,200 Other 10,960 12,787 14,956 15,677 15,686 16,125 Total 260,600 264,145 239,574 267,474 287,693 285,432 China 50,338 52,339 59,231 59,865 69,000 69,000 European Union 12,683 12,472 12,070 12,506 12,300 12,300 Mexico 3,523 3,498 3,606 3,350 3,650 3,650 Japan 3,401 2,917 2,759 2,865 2,860 2,860 Taiwan 2,469 2,454 2,285 2,286 2,500 2,400 Thailand 1,660 2,139 1,910 1,867 2,030 2,030 Indonesia 1,620 1,898 1,922 1,800 2,000 2,000 Egypt 1,638 1,644 1,638 1,650 1,700 1,700 Vietnam 231 1,026 1,311 1,294 1,380 1,380 Turkey 1,648 1,351 1,057 1,249 1,200 1,200 Other 7,630 7,083 5,637 6,494 6,712 6,817 Total 86,841 88,821 93,426 95,226 105,332 105,337 Exports Brazil 28,578 29,951 36,315 41,904 45,000 45,000 United States 40,798 40,957 37,150 35,913 41,096 41,640 Argentina 13,088 9,205 7,368 7,738 8,000 8,000 Paraguay 4,070 5,226 3,574 5,300 5,800 4,300 Canada 2,247 2,943 2,932 3,487 3,530 3,530 Other 2,656 3,418 4,931 5,307 5,900 5,750 Crush Total 91,437 91,700 92,270 99,649 109,326 108,220 China 48,830 55,000 60,970 64,950 68,350 68,350 United States 47,673 44,851 46,348 45,967 46,266 45,994 Brazil 33,700 36,330 38,083 34,480 37,275 37,275 Argentina 34,127 37,614 35,886 33,609 36,600 36,600 European Union 12,595 12,355 12,245 12,743 12,230 12,350 India 7,400 9,400 9,600 9,700 9,500 9,500 Mexico 3,600 3,625 3,675 3,650 3,850 3,850 Paraguay 1,558 1,570 950 2,900 3,300 3,700 Russia 1,950 2,170 2,400 2,440 2,470 2,470 Japan 2,535 2,149 1,960 1,915 2,020 2,020 Taiwan 2,010 2,060 2,020 1,960 2,080 2,020 Bolivia 1,520 1,800 2,000 2,250 2,050 2,000 Thailand 1,520 1,820 1,751 1,695 1,720 1,720 Egypt 1,635 1,644 1,620 1,640 1,680 1,680 Canada 1,291 1,425 1,411 1,463 1,500 1,500 Other 7,250 7,550 7,098 7,736 7,854 8,010 Total 209,194 221,363 228,017 229,098 238,745 239,039 Ending Argentina 21,039 21,403 16,389 22,404 29,806 29,806 Brazil 17,480 23,636 12,916 15,927 20,700 19,200 China 13,209 14,538 15,909 12,378 13,698 13,698 United States 4,106 5,852 4,610 3,826 4,091 3,954 India 1,573 505 316 391 866 866 Other 3,553 4,425 3,371 2,868 3,848 3,116 Total 60,960 70,359 53,511 57,794 73,009 70,640 Most countries are on an October/September keting 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 ch/february MY.

Table 08: Soybean Meal: World Supply and Distribution Thousand Metric Tons 2009/10 2010/11 2011/12 Feb China 38,644 43,560 48,288 51,440 54,154 54,154 United States 37,836 35,608 37,217 36,174 36,614 36,387 Brazil 26,120 28,160 29,510 26,720 28,890 28,890 Argentina 26,624 29,312 27,945 26,089 28,525 28,525 European Union 9,950 9,760 9,674 10,194 9,826 9,855 India 5,910 7,520 7,680 7,760 7,600 7,600 Mexico 2,850 2,870 2,910 2,890 3,048 3,048 Other 17,073 17,889 17,121 19,311 19,845 20,197 Total 165,007 174,679 180,345 180,578 188,502 188,656 European Union 20,879 21,877 20,872 16,943 19,100 19,100 Indonesia 2,507 3,069 3,278 3,367 3,600 3,600 Thailand 2,513 2,318 2,936 2,874 3,200 3,200 Vietnam 2,879 2,719 2,200 2,927 2,750 2,950 Iran 1,524 1,742 2,192 2,099 2,400 2,400 Japan 2,106 2,208 2,282 1,765 2,230 2,230 Philippines 1,719 1,972 1,833 1,925 2,050 2,050 Korea, South 1,737 1,658 1,571 1,654 1,700 1,700 Mexico 1,209 1,500 1,548 1,295 1,480 1,480 Algeria 850 1,074 892 1,333 1,300 1,300 Other 15,441 16,564 17,186 17,248 18,235 18,210 Total 53,364 56,701 56,790 53,430 58,045 58,220 Exports Argentina 24,914 27,615 26,043 23,667 27,325 27,325 Brazil 12,985 13,987 14,678 13,242 14,000 14,000 United States 10,125 8,238 8,838 10,083 9,888 9,888 India 3,117 4,800 4,391 4,062 3,550 3,550 Paraguay 1,124 1,043 523 2,150 2,325 2,650 Other 3,341 2,866 3,793 4,274 4,033 4,012 Total 55,606 58,549 58,266 57,478 61,121 61,425 China 37,546 43,382 47,435 50,091 53,104 53,104 European Union 30,359 30,952 29,870 26,894 27,932 27,961 United States 27,795 27,489 28,621 26,336 26,853 26,671 Brazil 13,000 13,950 14,100 14,200 14,498 14,498 Thailand 3,613 3,775 4,153 4,350 4,550 4,550 Mexico 4,160 4,340 4,370 4,225 4,450 4,450 India 2,570 2,900 3,330 3,702 4,070 4,070 Vietnam 2,800 3,100 3,250 3,734 3,750 3,950 Japan 3,900 3,844 3,840 3,352 3,700 3,700 Indonesia 2,527 2,784 3,218 3,430 3,650 3,650 Iran 2,417 2,525 2,500 2,500 2,675 2,550 Russia 1,874 2,181 2,365 2,532 2,407 2,407 Korea, South 2,420 2,336 2,265 2,248 2,344 2,315 Egypt 1,725 1,900 2,100 2,140 2,225 2,275 Philippines 1,826 1,875 1,907 1,929 2,020 2,020 Other 22,408 23,482 24,034 25,081 26,436 26,314 Total 160,940 170,815 177,358 176,744 184,664 184,485 Ending Argentina 1,602 2,434 3,376 4,732 4,740 4,740 Brazil 2,155 2,436 3,198 2,508 2,925 2,925 European Union 504 580 371 77 371 371 Turkey 73 196 392 392 274 298 Indonesia 45 330 390 327 410 277 Other 2,264 2,683 2,443 1,920 2,465 2,311 Total 6,643 8,659 10,170 9,956 11,185 10,922 Most countries are on an October/September keting Year (MY). The Mexico and Thailand are on a September/August MY. Canada is on an August/July MY. Paraguay is on a ch/february MY. Vietnam and the Philippines are on a January/December MY and Bolivia is on a ch/february MY.

Table 09: Soybean Oil: World Supply and Distribution Thousand Metric Tons 2009/10 2010/11 2011/12 Feb China 8,726 9,840 10,914 11,626 12,246 12,246 United States 8,897 8,568 8,954 8,990 8,999 8,945 Brazil 6,470 6,970 7,310 6,620 7,150 7,150 Argentina 6,476 7,181 6,839 6,364 6,975 6,975 European Union 2,290 2,246 2,226 2,317 2,220 2,242 India 1,320 1,675 1,710 1,730 1,700 1,700 Paraguay 296 298 180 550 615 695 Other 4,328 4,521 4,452 4,610 4,701 4,706 Total 38,803 41,299 42,585 42,807 44,606 44,659 China 1,514 1,319 1,502 1,409 1,470 1,470 India 1,598 945 1,174 1,086 1,230 1,230 Iran 275 704 411 543 650 650 Algeria 402 516 438 575 525 575 Venezuela 302 366 415 374 370 400 Morocco 379 397 367 364 390 370 Peru 352 315 344 363 350 370 Bangladesh 349 376 420 397 415 350 Korea, South 318 300 343 300 350 350 Egypt 243 637 0 324 250 325 Other 2,911 3,525 2,543 2,692 2,799 2,718 Total 8,643 9,400 7,957 8,427 8,799 8,808 Exports Argentina 4,453 4,561 3,794 4,244 4,500 4,500 Brazil 1,449 1,668 1,885 1,251 1,450 1,450 European Union 386 463 741 1,013 700 750 United States 1,524 1,466 664 982 658 680 Paraguay 243 255 127 520 565 640 Bolivia 230 232 224 250 240 265 Russia 170 136 142 129 160 160 Other 646 777 890 865 912 832 Total 9,101 9,558 8,467 9,254 9,185 9,277 China 10,435 11,109 11,944 12,545 13,654 13,654 United States 7,173 7,619 8,306 8,476 8,414 8,415 Brazil 4,980 5,205 5,400 5,544 5,740 5,740 India 2,760 2,640 2,750 2,950 3,000 3,000 Argentina 1,915 2,520 3,020 2,275 2,490 2,490 European Union 2,415 2,745 1,989 1,650 1,770 1,770 Mexico 875 835 840 844 875 875 Iran 575 646 598 650 700 675 Egypt 560 669 440 591 512 592 Algeria 395 475 490 540 520 570 Korea, South 445 443 465 455 481 481 Venezuela 398 399 418 428 416 436 Bangladesh 371 388 420 420 439 420 Japan 506 433 390 415 413 413 Morocco 420 403 371 374 400 380 Other 3,975 4,174 4,146 4,288 4,381 4,414 Total 38,198 40,703 41,987 42,445 44,205 44,325 Ending China 205 203 615 1,021 1,023 1,023 United States 1,545 1,100 1,152 773 791 714 Argentina 195 295 320 258 330 323 Brazil 286 383 408 239 199 199 India 257 237 361 227 155 156 Other 883 1,591 1,041 914 1,036 882 Total 3,371 3,809 3,897 3,432 3,534 3,297 Most countries are on an October/September keting Year (MY). Mexico is on a September/August MY. Peru is on an January/December MY and Paraguay and Bolivia are on a ch/february MY.

Table 10: Soybeans and Products: World Trade Thousand Metric Tons Meal, Soybean Oil, Soybean Oilseed, Soybean keting Year 2011/12 2011/12 2011/12 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 (-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 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

Table 11: Palm Oil: World Supply and Distribution Thousand Metric Tons 2009/10 2010/11 2011/12 Feb Indonesia 22,000 23,600 26,200 28,500 31,000 31,000 Malaysia 17,763 18,211 18,202 19,321 19,200 19,200 Thailand 1,287 1,832 1,892 2,000 2,100 2,100 Colombia 805 753 945 974 1,035 1,035 Nigeria 850 850 850 910 930 930 Other 3,336 3,486 3,862 4,065 4,166 4,166 Total 46,041 48,732 51,951 55,770 58,431 58,431 India 6,603 6,661 7,473 8,307 9,000 9,000 China 5,760 5,711 5,841 6,589 6,600 6,600 European Union 5,442 4,944 5,698 6,737 5,800 6,100 Pakistan 1,989 2,064 2,218 2,246 2,450 2,450 Malaysia 1,283 1,593 1,850 1,645 1,675 1,675 United States 994 980 1,032 1,285 1,360 1,360 Egypt 1,174 1,277 1,204 975 1,225 1,225 Bangladesh 951 996 984 1,050 1,100 1,100 Singapore 435 656 854 654 850 850 Iran 548 634 610 722 740 740 Other 10,023 10,788 11,060 12,116 11,855 11,845 Total 35,202 36,304 38,824 42,326 42,655 42,945 Exports Indonesia 16,573 16,423 18,452 20,300 21,300 21,300 Malaysia 15,530 16,596 16,600 18,000 17,500 17,500 Papua New Guinea 520 577 587 620 640 640 Thailand 121 382 293 550 520 520 Benin 466 255 253 390 390 390 Other 2,259 2,636 2,838 2,789 2,939 2,939 Total 35,469 36,869 39,023 42,649 43,289 43,289 India 6,440 7,080 7,425 8,425 9,144 9,144 Indonesia 5,494 6,414 7,129 7,815 8,501 8,501 China 5,930 5,797 5,841 6,389 6,579 6,579 European Union 5,220 4,910 5,630 6,213 5,755 6,055 Malaysia 3,103 3,220 3,290 3,200 3,160 3,160 Pakistan 1,957 2,077 2,110 2,235 2,405 2,405 Thailand 1,255 1,457 1,563 1,590 1,610 1,610 Nigeria 1,252 1,267 1,285 1,375 1,405 1,405 United States 957 957 1,043 1,230 1,353 1,353 Egypt 1,080 1,180 1,185 1,170 1,190 1,190 Bangladesh 921 980 1,030 1,059 1,100 1,100 Colombia 737 787 890 885 945 945 Singapore 125 575 750 589 740 740 Iran 552 580 600 725 730 730 Russia 552 585 600 660 690 690 Other 9,571 10,035 10,680 11,379 11,313 11,304 Total 45,146 47,901 51,051 54,939 56,620 56,911 Ending Indonesia 39 825 1,445 1,831 3,031 3,031 Malaysia 1,868 1,856 2,018 1,784 1,999 1,999 European Union 621 455 360 745 440 640 India 940 571 669 601 507 507 China 328 241 240 439 459 459 Other 1,809 1,923 1,840 1,680 1,619 1,620 Total 5,605 5,871 6,572 7,080 8,055 8,256

Table 12: Rapeseed and Products: World Supply and Distribution Thousand Metric Tons Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed keting Year 2011/12 2011/12 2011/12 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 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 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 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

Table 13: Sunflowerseed and Products World Supply and Distribution Thousand Metric Tons Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed keting Year 2011/12 2011/12 2011/12 Argentina (-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 Argentina (-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 (-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 Argentina (-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 Argentina (-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

Table 14: Minor Vegetable Oil Supply and Distribution Thousand Metric Tons Oil, Peanut Oil, Cottonseed Oil, Olive keting Year 2011/12 2011/12 2011/12 China (Oct-Sep) 2,532 2,686 2,725 1,476 1,566 1,477 India (Oct-Sep) 1,160 1,180 1,190 1,210 1,220 1,275 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 China (Oct-Sep) 62 65 60 0 0 0 India (Oct-Sep) 0 0 0 0 0 0 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 India (Oct-Sep) 4 2 4 0 0 0 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 China (Oct-Sep) 2,585 2,745 2,775 1,475 1,565 1,475 India (Oct-Sep) 1,185 1,189 1,185 1,227 1,238 1,270 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 China (Oct-Sep) 0 0 0 0 0 0 India (Oct-Sep) 21 10 11 66 48 53 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

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 2000/01 193.57 38.08 316.12 65.57 419.77 66.85 28.10 312.98 39.95 2001/02 197.44 39.95 326.75 63.64 430.34 62.35 28.67 325.57 42.42 2002/03 195.45 42.42 334.44 70.99 447.85 70.04 29.44 328.57 49.24 2003/04 212.25 49.24 338.29 64.15 451.67 66.78 29.34 338.63 46.27 2004/05 219.02 46.27 383.89 72.66 502.81 74.35 30.75 368.77 59.69 2005/06 221.16 59.69 394.37 75.35 529.40 75.80 31.90 387.32 66.28 2006/07 222.98 66.28 406.30 80.71 553.30 83.10 31.85 394.98 75.23 2007/08 218.83 75.23 391.56 90.04 556.82 91.35 31.75 402.42 63.05 2008/09 230.56 63.05 399.51 93.91 556.47 94.60 33.64 404.08 57.80 2009/10 235.95 57.80 447.63 101.73 607.16 106.88 34.82 424.60 75.68 2010/11 244.82 75.68 461.29 103.84 640.82 108.38 36.33 448.00 84.44 2011/12 249.10 84.44 447.10 111.80 643.34 111.35 36.62 467.11 64.89 255.51 64.89 473.72 112.48 651.08 117.41 36.49 466.42 67.25 258.31 67.25 504.30 123.83 695.38 127.77 37.15 483.57 84.04 Major Protein Meals 2000/01 7.68 174.87 48.01 230.57 48.43 0.40 174.90 7.23 2001/02 7.23 182.70 51.50 241.44 52.82 0.40 180.65 7.98 2002/03 7.98 185.89 53.56 247.42 54.01 0.43 186.33 7.08 2003/04 7.08 191.25 57.80 256.13 59.04 0.45 189.43 7.67 2004/05 7.67 206.51 59.48 273.66 61.20 0.48 204.80 7.67 2005/06 7.67 217.07 65.40 290.14 66.27 0.46 215.29 8.59 2006/07 8.59 223.90 66.87 299.35 68.98 0.54 221.01 9.36 2007/08 9.36 231.52 69.68 310.56 72.11 0.59 229.32 9.13 2008/09 9.13 229.03 67.41 305.57 69.37 0.69 229.20 7.00 2009/10 7.00 243.75 68.68 319.44 72.16 0.77 238.79 8.49 2010/11 8.49 257.68 73.91 340.07 77.12 0.80 251.91 11.05 2011/12 11.05 267.66 77.23 355.93 80.12 0.86 263.04 12.78 12.78 268.32 72.19 353.28 77.49 0.88 264.14 11.66 11.66 280.20 78.68 370.54 83.39 0.91 274.20 12.95 Major Vegetable Oils 2000/01 10.43 9.62 89.95 30.18 129.75 30.77 78.36 88.45 10.54 2001/02 10.95 10.54 92.96 30.83 134.32 32.93 80.31 91.19 10.21 2002/03 11.27 10.21 96.29 34.88 141.38 35.98 83.14 95.37 10.03 2003/04 11.98 10.03 103.04 37.69 150.76 39.18 87.18 101.14 10.45 2004/05 12.70 10.45 111.81 40.89 163.14 42.73 91.66 108.28 12.13 2005/06 13.46 12.13 119.24 44.46 175.83 47.57 94.73 115.07 13.20 2006/07 14.04 13.20 121.99 47.28 182.47 49.10 96.72 120.22 13.15 2007/08 14.50 13.15 128.92 50.71 192.78 53.69 100.07 126.64 12.45 2008/09 15.32 12.45 134.09 54.47 201.00 55.74 103.45 131.51 13.76 2009/10 16.21 13.76 141.37 56.10 211.22 57.41 108.22 139.65 14.16 2010/11 16.87 14.16 148.94 57.68 220.77 59.67 111.83 146.37 14.74 2011/12 17.50 14.74 157.45 61.64 233.83 63.38 116.00 153.00 17.46 18.12 17.46 160.65 65.38 243.49 67.07 120.72 158.41 18.01 18.71 18.01 168.98 67.50 254.49 69.53 125.46 164.64 20.32 Based on the aggregate of different marketing years

Table 16: World: Soybeans and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Total Supply Exports Crush Domestic Consumpti Ending Oilseed, Soybean 2000/01 75.59 29.62 175.85 53.09 258.56 53.82 146.43 171.61 33.13 2001/02 79.61 33.13 184.92 54.36 272.41 53.01 157.78 184.31 35.09 2002/03 81.62 35.09 196.94 62.88 294.92 61.32 165.07 191.08 42.51 2003/04 88.58 42.51 186.78 54.08 283.37 56.05 163.59 188.96 38.37 2004/05 93.35 38.37 215.90 63.48 317.74 64.75 175.21 204.25 48.74 2005/06 93.12 48.74 220.87 64.09 333.69 63.85 186.17 215.97 53.87 2006/07 94.57 53.87 236.31 68.97 359.15 71.14 195.48 224.98 63.03 2007/08 90.85 63.03 219.02 78.34 360.39 78.32 202.32 229.59 52.49 2008/09 96.54 52.49 211.88 77.39 341.76 77.21 193.34 221.43 43.12 2009/10 102.27 43.12 260.60 86.84 390.56 91.44 209.19 238.16 60.96 2010/11 103.24 60.96 264.15 88.82 413.93 91.70 221.36 251.87 70.36 2011/12 103.18 70.36 239.57 93.43 403.36 92.27 228.02 257.58 53.51 109.07 53.51 267.47 95.23 416.21 99.65 229.10 258.77 57.79 112.57 57.79 285.43 105.34 448.56 108.22 239.04 269.70 70.64 Meal, Soybean 2000/01 5.58 116.01 35.88 157.46 36.26 146.46 115.78 5.43 2001/02 5.43 124.87 40.51 170.81 41.78 157.89 123.18 5.84 2002/03 5.84 130.23 42.41 178.48 43.04 165.07 129.92 5.52 2003/04 5.52 128.95 44.92 179.40 46.08 163.60 127.63 5.70 2004/05 5.70 138.55 46.02 190.27 47.70 175.22 136.77 5.80 2005/06 5.80 146.58 51.43 203.81 52.25 186.19 145.41 6.16 2006/07 6.16 153.74 52.81 212.71 54.70 195.50 150.89 7.12 2007/08 7.12 158.77 54.86 220.76 56.06 202.36 157.46 7.24 2008/09 7.24 151.93 51.58 210.75 52.84 193.52 153.09 4.82 2009/10 4.82 165.01 53.36 223.19 55.61 209.59 160.94 6.64 2010/11 6.64 174.68 56.70 238.02 58.55 221.83 170.82 8.66 2011/12 8.66 180.35 56.79 245.79 58.27 228.51 177.36 10.17 10.17 180.58 53.43 244.18 57.48 229.60 176.74 9.96 9.96 188.66 58.22 256.83 61.43 239.54 184.49 10.92 Oil, Soybean 2000/01 2.78 26.81 6.83 36.43 6.87 146.46 26.46 3.10 2001/02 3.10 28.95 7.55 39.60 8.25 157.88 28.10 3.25 2002/03 3.25 30.58 8.21 42.03 8.81 165.07 30.10 3.12 2003/04 3.12 30.25 8.39 41.76 8.70 163.59 30.30 2.76 2004/05 2.76 32.56 8.86 44.17 9.06 175.21 31.82 3.29 2005/06 3.29 34.89 9.08 47.26 9.79 186.17 33.53 3.94 2006/07 3.94 36.41 9.97 50.33 10.53 195.48 35.71 4.08 2007/08 4.08 37.75 10.40 52.23 10.84 202.34 37.73 3.66 2008/09 3.66 35.90 9.11 48.67 9.14 193.50 36.31 3.22 2009/10 3.22 38.80 8.64 50.67 9.10 209.57 38.20 3.37 2010/11 3.37 41.30 9.40 54.07 9.56 221.81 40.70 3.81 2011/12 3.81 42.59 7.96 54.35 8.47 228.47 41.99 3.90 3.90 42.81 8.43 55.13 9.25 229.56 42.45 3.43 3.43 44.66 8.81 56.90 9.28 239.52 44.33 3.30 Based on the aggregate of different marketing years, primarily October through September.

Table 17: World: Rapeseed and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Total Supply Exports Food Use Dom. Domestic Consumpti Ending Oilseed, Rapeseed 2000/01 24.74 4.25 37.36 6.99 48.61 7.18 0.38 38.74 2.69 2001/02 23.30 2.69 36.03 4.95 43.67 4.90 0.39 35.93 2.85 2002/03 22.11 2.85 33.29 4.02 40.15 4.13 0.41 33.82 2.20 2003/04 25.49 2.20 39.46 5.14 46.81 5.53 0.42 38.90 2.38 2004/05 26.70 2.38 46.14 5.00 53.52 4.91 0.44 43.33 5.29 2005/06 27.29 5.29 48.59 6.66 60.54 6.98 0.45 47.77 5.79 2006/07 26.49 5.79 45.16 6.99 57.93 6.63 0.47 46.22 5.08 2007/08 28.36 5.08 48.56 7.54 61.18 8.16 0.48 49.04 3.98 2008/09 31.11 3.98 57.88 12.11 73.97 12.13 0.50 54.56 7.28 2009/10 31.58 7.28 61.06 10.74 79.08 10.82 0.52 59.41 8.86 2010/11 33.93 8.86 60.58 10.10 79.53 10.87 0.54 61.46 7.20 2011/12 34.14 7.20 61.48 13.18 81.87 12.92 0.56 63.78 5.17 36.13 5.17 63.02 12.78 80.97 12.48 0.58 65.33 3.16 35.75 3.16 70.47 13.51 87.14 13.67 0.60 67.66 5.81 Meal, Rapeseed 2000/01 0.38 21.18 1.92 23.48 1.90 0.00 21.25 0.33 2001/02 0.33 19.95 1.54 21.81 1.52 0.00 19.95 0.34 2002/03 0.34 18.82 1.73 20.89 1.62 0.00 18.96 0.32 2003/04 0.32 21.75 2.49 24.56 2.49 0.00 21.58 0.49 2004/05 0.49 24.22 2.30 27.01 2.24 0.00 24.42 0.35 2005/06 0.35 26.50 2.55 29.40 2.51 0.00 26.29 0.60 2006/07 0.60 25.79 3.05 29.43 2.96 0.00 26.18 0.29 2007/08 0.29 27.57 3.55 31.41 3.69 0.00 27.41 0.30 2008/09 0.30 30.70 3.56 34.57 3.61 0.00 30.71 0.26 2009/10 0.26 33.46 3.62 37.34 3.61 0.00 33.30 0.43 2010/11 0.43 34.73 4.97 40.13 5.15 0.00 34.48 0.50 2011/12 0.50 35.93 5.09 41.52 5.37 0.00 35.54 0.61 0.61 37.02 5.16 42.79 5.38 0.00 37.12 0.29 0.29 38.22 5.22 43.72 5.58 0.00 37.62 0.52 Oil, Rapeseed 2000/01 0.71 13.37 1.34 15.42 1.20 12.27 13.43 0.79 2001/02 0.79 13.09 1.12 15.00 1.03 12.08 13.26 0.72 2002/03 0.72 12.27 0.89 13.88 0.91 11.06 12.40 0.57 2003/04 0.57 14.17 1.36 16.10 1.33 12.52 14.40 0.38 2004/05 0.38 15.78 1.20 17.36 1.29 12.89 15.58 0.48 2005/06 0.48 17.52 1.47 19.47 1.65 13.22 17.11 0.71 2006/07 0.71 17.24 2.20 20.15 1.99 12.65 17.61 0.55 2007/08 0.55 18.49 2.03 21.06 1.90 13.10 18.27 0.90 2008/09 0.90 20.59 2.44 23.93 2.44 14.15 20.34 1.15 2009/10 1.15 22.56 2.92 26.63 2.73 15.14 22.61 1.29 2010/11 1.29 23.52 3.31 28.12 3.42 16.22 23.50 1.19 2011/12 1.19 24.22 4.01 29.42 3.97 16.41 23.78 1.67 1.67 24.90 3.88 30.45 3.93 16.48 23.69 2.82 2.82 25.76 3.84 32.43 4.07 17.39 24.66 3.70 Based on the aggregate of different marketing years.

Table 18: World: Sunflower and Products Supply and Distribution Million Metric Tons Area Harvested Beginning Exports Domestic Consumpti Ending Oilseed, Sunflowerseed 2000/01 19.93 2.17 23.20 2.20 2.40 23.25 1.92 2001/02 18.83 1.92 21.41 1.11 1.20 21.33 1.92 2002/03 20.18 1.92 23.95 1.37 1.55 23.22 2.47 2003/04 23.00 2.47 26.79 2.19 2.26 25.97 3.21 2004/05 20.82 3.21 25.32 1.14 1.23 25.59 2.85 2005/06 22.79 2.85 30.24 1.38 1.52 29.57 3.39 2006/07 23.50 3.39 30.28 1.77 1.91 29.49 4.04 2007/08 20.99 4.04 27.35 1.23 1.46 27.47 3.69 2008/09 23.78 3.69 33.54 1.86 2.14 32.96 4.00 2009/10 23.10 4.00 32.14 1.48 1.56 33.30 2.76 2010/11 23.08 2.76 33.63 1.57 1.79 33.52 2.64 2011/12 25.56 2.64 40.64 1.63 1.93 40.69 2.29 24.65 2.29 36.39 1.21 1.48 36.06 2.35 24.97 2.35 43.33 1.80 2.05 41.61 3.83 Meal, Sunflowerseed 2000/01 0.40 9.32 2.23 2.00 9.54 0.40 2001/02 0.40 8.34 1.91 2.11 8.22 0.33 2002/03 0.33 9.00 2.20 2.31 9.05 0.17 2003/04 0.17 10.22 2.65 2.85 9.98 0.21 2004/05 0.21 9.97 2.55 2.76 9.74 0.22 2005/06 0.22 11.51 3.28 3.54 11.15 0.33 2006/07 0.33 11.55 3.29 3.47 11.45 0.26 2007/08 0.26 10.75 2.77 3.27 10.21 0.31 2008/09 0.31 12.86 3.96 4.31 12.22 0.60 2009/10 0.60 13.08 3.49 4.13 12.42 0.61 2010/11 0.61 13.23 3.86 4.57 12.48 0.65 2011/12 0.65 16.07 6.08 6.80 14.83 1.17 1.17 14.31 4.67 5.09 14.57 0.49 0.49 16.44 5.79 6.35 15.72 0.65 Oil, Sunflowerseed 2000/01 1.33 8.18 1.99 2.24 8.26 1.00 2001/02 1.00 7.44 1.81 1.93 7.66 0.66 2002/03 0.66 8.12 1.99 2.31 7.74 0.72 2003/04 0.72 9.19 1.96 2.68 8.48 0.72 2004/05 0.72 9.15 2.17 2.57 8.51 0.95 2005/06 0.95 10.66 3.30 3.92 9.87 1.12 2006/07 1.12 10.78 3.32 4.05 10.26 0.92 2007/08 0.92 10.19 2.73 3.51 9.33 1.01 2008/09 1.01 12.08 4.05 4.50 10.87 1.76 2009/10 1.76 12.28 3.73 4.47 11.79 1.51 2010/11 1.51 12.42 3.64 4.52 11.76 1.28 2011/12 1.28 15.34 5.64 6.41 13.11 2.74 2.74 13.53 4.96 5.48 13.32 2.44 2.44 15.67 6.40 7.03 14.55 2.92 Based on the aggregate of different marketing years, primarily September through August.

Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution Million Metric Tons Beginning Total Supply Exports Industrial Dom. Food Use Dom. Domestic Consumpti Ending Oil, Palm 2000/01 3.17 24.24 16.29 43.71 16.48 3.45 19.77 23.72 3.51 2001/02 3.51 25.32 16.50 45.33 17.61 3.81 19.97 24.37 3.34 2002/03 3.34 27.64 19.67 50.65 19.92 4.69 21.95 27.28 3.45 2003/04 3.45 29.96 21.91 55.32 22.06 5.52 22.99 29.12 4.15 2004/05 4.15 33.46 24.32 61.93 25.00 6.77 24.80 32.24 4.69 2005/06 4.69 35.77 26.09 66.55 27.26 7.62 26.02 34.34 4.94 2006/07 4.94 37.36 26.95 69.25 27.64 8.24 27.38 36.36 5.26 2007/08 5.26 41.11 30.74 77.10 32.22 9.29 30.27 40.44 4.44 2008/09 4.44 44.14 34.11 82.69 34.69 10.19 32.10 43.03 4.98 2009/10 4.98 46.04 35.20 86.22 35.47 10.75 33.63 45.15 5.61 2010/11 5.61 48.73 36.30 90.64 36.87 12.15 34.92 47.90 5.87 2011/12 5.87 51.95 38.82 96.65 39.02 13.46 36.67 51.05 6.57 6.57 55.77 42.33 104.67 42.65 14.41 39.60 54.94 7.08 7.08 58.43 42.95 108.46 43.29 15.10 40.84 56.91 8.26 Oil, Coconut 2000/01 0.18 3.58 1.77 5.52 1.83 1.17 1.90 3.21 0.49 2001/02 0.49 3.15 1.83 5.47 1.79 1.25 1.80 3.19 0.49 2002/03 0.49 3.12 1.89 5.50 1.73 1.24 1.79 3.15 0.62 2003/04 0.62 3.26 1.68 5.56 1.79 1.41 1.74 3.27 0.51 2004/05 0.51 3.42 1.91 5.84 2.08 1.40 1.79 3.28 0.48 2005/06 0.48 3.41 2.03 5.92 2.05 1.45 1.82 3.42 0.45 2006/07 0.45 3.19 1.87 5.51 1.74 1.46 1.75 3.30 0.48 2007/08 0.48 3.45 1.90 5.83 1.93 1.51 1.84 3.37 0.53 2008/09 0.53 3.42 1.66 5.61 1.48 1.55 1.72 3.28 0.85 2009/10 0.85 3.52 2.28 6.65 2.17 1.67 2.15 3.84 0.64 2010/11 0.64 3.70 1.78 6.12 1.71 1.69 1.96 3.67 0.75 2011/12 0.75 3.41 1.82 5.98 1.88 1.54 1.97 3.53 0.57 0.57 3.65 1.88 6.10 1.90 1.72 2.05 3.78 0.42 0.42 3.54 1.82 5.79 1.79 1.65 2.01 3.68 0.32 Meal, Fish 2000/01 0.75 5.92 3.47 10.14 3.40 0.08 0.00 6.14 0.61 2001/02 0.61 5.83 3.25 9.69 3.06 0.08 0.00 5.66 0.98 2002/03 0.98 4.84 2.85 8.67 2.85 0.08 0.00 5.18 0.65 2003/04 0.65 5.61 3.12 9.38 3.20 0.07 0.00 5.38 0.80 2004/05 0.80 5.61 3.60 10.02 3.65 0.05 0.00 5.68 0.69 2005/06 0.69 4.86 2.95 8.49 2.72 0.05 0.00 5.11 0.66 2006/07 0.66 5.06 2.69 8.41 2.59 0.05 0.00 4.96 0.85 2007/08 0.85 5.12 3.00 8.98 2.85 0.05 0.00 5.41 0.72 2008/09 0.72 5.01 3.12 8.85 2.95 0.05 0.00 5.33 0.57 2009/10 0.57 3.97 2.63 7.17 2.27 0.05 0.00 4.71 0.19 2010/11 0.19 5.01 2.65 7.85 2.49 0.05 0.00 4.75 0.61 2011/12 0.61 4.08 2.92 7.60 2.51 0.05 0.00 4.92 0.18 0.18 4.19 2.34 6.72 2.07 0.05 0.00 4.35 0.30 0.30 4.57 2.87 7.74 2.66 0.05 0.00 4.90 0.17 Based on the aggregate of different marketing years.