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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA April 2015 Brazil’s Soybean Exports Accelerate after Slow Start After a slow start, the pace of Brazil’s soybean exports has surged in recent weeks. Total March exports, though 10 percent below last year, are quickly making up lost ground. The delay in shipping reflects the relative slow start in plantings and corresponding later harvest this year. Producer sales, which were running behind last year, have caught up with historic norms. The lag in early season sales, while influenced by the later harvest, was likely impacted by the precipitous decline in the Real. The decline encouraged some producers to delay selling their crop until the currency stabilized in mid-March. Despite the slow start, a record harvest is expected to lead to record local year (Feb/Jan) exports this year. However, exports for the adjusted Oct/Sep marketing year are forecast to decline slightly from last year. Weak exports for the first five months resulted in total exports through March running 3.6 million tons or 33 percent behind last year’s pace. It is unlikely that exports for the remaining April through September period can offset this shortfall in trade. For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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Page 1: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

United StatesDepartment ofAgriculture

ForeignAgriculturalService

Approved by the World Agricultural Outlook Board/USDA

April 2015

Brazil’s Soybean Exports Accelerate after Slow Start

After a slow start, the pace of Brazil’s soybean exports has surged in recent weeks. Total March exports, though 10 percent below last year, are quickly making up lost ground. The delay in shipping reflects the relative slow start in plantings and corresponding later harvest this year.

Producer sales, which were running behind last year, have caught up with historic norms. The lag in early season sales, while influenced by the later harvest, was likely impacted by the precipitous decline in the Real. The decline encouraged some producers to delay selling their crop until the currency stabilized in mid-March.

Despite the slow start, a record harvest is expected to lead to record local year (Feb/Jan) exports this year. However, exports for the adjusted Oct/Sep marketing year are forecast to decline slightly from last year. Weak exports for the first five months resulted in total exports through March running 3.6 million tons or 33 percent behind last year’s pace. It is unlikely that exports for the remaining April through September period can offset this shortfall in trade.

For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

Page 2: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

OVERVIEW

Global soybean production is raised this month, as a larger crop in Argentina more than offset declines in India. Soybean trade is virtually unchanged. U.S. soybean oil imports were raised to offset declines in palm oil. The USDA Prospective Plantings Report indicated expanded area for 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered.

SOYBEAN PRICES

U.S. export bids, FOB Gulf, in March averaged $388 per ton, up $12 from the previous month.

As of the week ending March 26, 2014/15 U.S. soybean commitments (outstanding sales plus accumulated exports) to China totaled 29.9 million tons compared to 27.7 million a year ago. Total commitments to the world are 48.5 million tons, compared to 44.5 million for the same period last year.

2014/15 TRADE OUTLOOK

Belarus sunflowerseed meal imports are lowered 150,000 tons to 650,000 on slower shipments to date.

Canada rapeseed exports are up 200,000 tons to 8.8 million on expected stronger demand. China

o Soybean meal exports are raised 100,000 tons to 1.8 million on demand from nearby Asian markets due to weaker sales by India.

o Rapeseed imports are increased 250,000 tons to 4.1 million, while rapeseed oil imports are down 100,000 tons to 900,000 as more oil is being produced domestically from imported rapeseed.

o Peanut exports are up 100,000 tons to 500,000 reflecting the pace of trade to date.o Sunflowerseed oil imports are trimmed 100,000 tons to 400,000 on slower shipments to

date. o Palm oil imports are lowered 400,000 tons to 5.7 million on a very slow pace of trade to

date. European Union

o Palm kernel meal imports are lowered 300,000 tons to 2.1 million as large supplies of other feed ingredients are currently available.

o Palm oil imports are reduced 200,000 tons to 6.8 million on slowing demand from the biodiesel sector.

Indiao Soybean meal exports are lowered 200,000 tons to 1.5 million on sluggish sales and

smaller exportable supplies. Indonesia

o Palm oil exports are up 200,000 tons to 22.5 million on growing competitiveness. o Palm kernel meal exports are down 100,000 tons to 3.9 million on lower demand, mainly

from the European Union.Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 3: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Malaysiao Palm oil exports are reduced 500,000 tons to 17.2 million on lower production and

exportable supplies; imports are raised 100,000 tons to 375,000. o Palm kernel meal exports are down 130,000 tons to 2.4 million on lower demand mainly

from the European Union. Pakistan rapeseed imports are raised 100,000 tons to 950,000 to reflect increased deliveries and

higher demand for crush. Thailand

o Rapeseed meal imports are up 100,000 tons to 425,000 on trade trends.o Palm oil exports are down 100,000 tons to 400,000 on lower production and exportable

supplies. Turkey

o Rapeseed imports are increased 100,000 tons to 400,000 on trade trends.o Sunflowerseed imports are down 150,000 tons to 700,000 on smaller supply from

Ukraine.o Sunflowerseed meal imports are up 100,000 tons to 750,000 in response to a lower crush. o Sunflowerseed oil exports are raised 200,000 tons to 600,000 on strong trade to date.

Ukraine sunflowerseed exports are lowered 150,000 tons to 50,000 due to growing domestic crush.

Uruguay soybean exports are increased 100,000 tons to 3.3 million in response to increased production.

Questions may be directed to:

Bill George (202) 720-6234 [email protected]

Rachel Trego (202) 720-1073 [email protected]

Agata Kingsbury (202) 260-8910 [email protected]

To download the tables in the publication, go to Production, Supply and Distribution Database (PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click the plus sign [+] next to Oilseeds.

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 4: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

FAS Reports and Databases:Current World Markets and Trade and World Agricultural Production Reports:

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

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online): http://apps.fas.usda.gov/psdonline/psdHome.aspxGlobal Agricultural Trade System (U.S. Exports and Imports):

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

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

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

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

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

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

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 5: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

List of Tables

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

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

HISTORICAL TABLESTable 15 World Oilseeds and Products Supply and DistributionTable 16 World Soybeans and Products Supply and DistributionTable 17 World Rapeseed and Products Supply and DistributionTable 18 World Sunflowerseed and Products Supply and DistributionTable 19 World Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution

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

PRICESTable 29 Oilseed PricesTable 30 Protein Meal PricesTable 31 Vegetable Oil Prices

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

5.89 Oilseed, Copra 5.56 5.80 5.45 5.53 5.43

44.42 Oilseed, Cottonseed 48.24 46.26 45.93 45.04 44.76

12.97 Oilseed, Palm Kernel 13.83 14.89 15.78 16.49 16.34

39.81 Oilseed, Peanut 38.33 40.09 39.79 38.98 38.93

60.56 Oilseed, Rapeseed 61.57 63.76 71.18 71.33 71.58

264.25 Oilseed, Soybean 240.49 268.77 283.63 315.06 315.46

33.07 Oilseed, Sunflowerseed 39.68 35.97 42.91 39.78 40.26

460.97 Total 447.71 475.54 504.66 532.20 532.77

none

Imports none

0.14 Oilseed, Copra 0.08 0.04 0.09 0.09 0.07

0.85 Oilseed, Cottonseed 1.12 1.07 0.86 0.76 0.83

0.01 Oilseed, Palm Kernel 0.03 0.06 0.06 0.03 0.05

2.33 Oilseed, Peanut 2.36 2.35 2.41 2.31 2.39

10.10 Oilseed, Rapeseed 13.18 12.66 15.23 13.79 14.19

88.76 Oilseed, Soybean 93.45 95.91 111.25 114.08 114.21

1.57 Oilseed, Sunflowerseed 1.64 1.31 1.55 1.89 1.66

103.75 Total 111.87 113.39 131.45 132.95 133.39

none

Exports none

0.11 Oilseed, Copra 0.11 0.07 0.10 0.07 0.07

1.02 Oilseed, Cottonseed 1.15 0.92 0.77 0.66 0.64

0.02 Oilseed, Palm Kernel 0.04 0.05 0.06 0.06 0.06

2.88 Oilseed, Peanut 2.98 2.65 2.88 2.61 2.71

10.87 Oilseed, Rapeseed 12.92 12.45 14.96 13.92 14.16

91.70 Oilseed, Soybean 92.16 100.53 112.94 117.42 117.52

1.78 Oilseed, Sunflowerseed 1.92 1.44 1.95 2.08 1.90

108.37 Total 111.27 118.12 133.66 136.81 137.06

none

Crush none

5.95 Oilseed, Copra 5.50 5.88 5.43 5.51 5.40

32.71 Oilseed, Cottonseed 34.45 34.59 34.22 34.10 34.19

12.83 Oilseed, Palm Kernel 13.75 14.70 15.64 16.42 16.32

16.58 Oilseed, Peanut 16.58 17.26 17.50 17.34 17.34

57.91 Oilseed, Rapeseed 60.56 62.42 66.69 67.74 68.14

221.31 Oilseed, Soybean 228.33 230.19 240.85 254.19 253.99

29.38 Oilseed, Sunflowerseed 35.71 31.97 38.63 36.65 36.81

376.67 Total 394.88 397.01 418.96 431.94 432.18

none

Ending Stocks none

0.29 Oilseed, Copra 0.29 0.13 0.10 0.10 0.08

1.37 Oilseed, Cottonseed 2.07 1.53 2.09 1.42 1.67

0.22 Oilseed, Palm Kernel 0.16 0.21 0.24 0.18 0.13

2.32 Oilseed, Peanut 1.56 2.25 2.16 2.15 2.06

8.33 Oilseed, Rapeseed 6.58 5.09 6.98 7.22 7.42

70.72 Oilseed, Soybean 54.45 57.40 66.32 89.53 89.55

2.44 Oilseed, Sunflowerseed 2.35 2.63 2.80 2.73 2.50

85.69 Total 67.45 69.25 80.68 103.32 103.41

Totals may not add due to rounding

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

1.97 Meal, Copra 1.82 1.95 1.79 1.82 1.79

14.82 Meal, Cottonseed 15.65 15.65 15.52 15.45 15.49

5.02 Meal, Fish 4.18 4.37 4.12 4.30 4.30

6.78 Meal, Palm Kernel 7.26 7.82 8.34 8.70 8.64

6.46 Meal, Peanut 6.46 6.73 6.83 6.76 6.76

34.04 Meal, Rapeseed 35.69 36.90 39.36 39.95 40.18

174.43 Meal, Soybean 180.45 181.29 189.34 200.82 200.66

12.99 Meal, Sunflowerseed 15.66 14.01 16.86 16.01 16.11

256.50 Total 267.15 268.72 282.17 293.80 293.91

none

Imports none

0.55 Meal, Copra 0.79 0.85 0.51 0.57 0.61

0.49 Meal, Cottonseed 0.42 0.40 0.35 0.37 0.35

2.66 Meal, Fish 2.92 2.35 2.63 2.49 2.49

4.57 Meal, Palm Kernel 5.00 5.35 5.42 5.73 5.49

0.12 Meal, Peanut 0.04 0.03 0.08 0.05 0.05

4.92 Meal, Rapeseed 5.14 5.18 5.92 5.60 5.74

56.91 Meal, Soybean 56.98 53.83 57.84 60.76 60.76

3.86 Meal, Sunflowerseed 6.10 4.72 5.54 5.63 5.58

74.07 Total 77.39 72.71 78.29 81.20 81.06

none

Exports none

0.59 Meal, Copra 0.79 1.04 0.83 0.79 0.72

0.50 Meal, Cottonseed 0.57 0.54 0.37 0.37 0.36

2.49 Meal, Fish 2.59 2.13 2.18 2.19 2.19

5.20 Meal, Palm Kernel 5.85 6.11 6.38 6.74 6.51

0.15 Meal, Peanut 0.07 0.07 0.08 0.07 0.07

5.08 Meal, Rapeseed 5.40 5.30 6.07 5.68 5.89

58.55 Meal, Soybean 58.28 57.94 60.02 64.07 63.97

4.59 Meal, Sunflowerseed 6.76 5.10 6.19 5.86 6.01

77.15 Total 80.30 78.23 82.12 85.77 85.73

none

Domestic Consumption none

1.84 Meal, Copra 1.74 1.85 1.55 1.62 1.67

14.82 Meal, Cottonseed 15.47 15.52 15.54 15.45 15.47

4.77 Meal, Fish 4.92 4.49 4.67 4.62 4.62

6.21 Meal, Palm Kernel 6.53 7.07 7.22 7.68 7.52

6.42 Meal, Peanut 6.46 6.70 6.84 6.74 6.74

33.80 Meal, Rapeseed 35.39 36.97 39.16 39.77 39.93

170.99 Meal, Soybean 177.62 177.40 186.41 197.09 196.99

12.23 Meal, Sunflowerseed 14.53 14.41 15.66 15.87 15.85

251.07 Total 262.65 264.41 277.03 288.83 288.79

none

Ending Stocks none

0.13 Meal, Copra 0.21 0.11 0.04 0.05 0.04

0.19 Meal, Cottonseed 0.22 0.22 0.18 0.18 0.18

0.61 Meal, Fish 0.20 0.31 0.21 0.18 0.18

0.25 Meal, Palm Kernel 0.13 0.11 0.27 0.28 0.36

0.07 Meal, Peanut 0.04 0.04 0.04 0.04 0.04

0.53 Meal, Rapeseed 0.56 0.37 0.43 0.54 0.53

8.48 Meal, Soybean 10.02 9.80 10.55 10.97 11.01

0.66 Meal, Sunflowerseed 1.13 0.35 0.91 0.72 0.74

10.92 Total 12.52 11.31 12.62 12.96 13.08

Totals may not add due to rounding

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 8: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

3.71 Oil, Coconut 3.41 3.66 3.38 3.43 3.35

4.96 Oil, Cottonseed 5.22 5.21 5.14 5.13 5.14

3.27 Oil, Olive 3.45 2.44 3.15 2.34 2.34

49.14 Oil, Palm 52.44 56.51 59.49 62.44 61.59

5.75 Oil, Palm Kernel 6.16 6.57 6.97 7.29 7.27

5.31 Oil, Peanut 5.29 5.50 5.58 5.52 5.52

23.04 Oil, Rapeseed 24.10 24.90 26.54 26.98 27.15

41.40 Oil, Soybean 42.73 43.10 44.96 47.37 47.33

12.21 Oil, Sunflowerseed 14.73 13.27 16.04 15.16 15.28

148.77 Total 157.54 161.14 171.26 175.65 174.96

none

Imports none

1.78 Oil, Coconut 1.82 1.87 1.68 1.73 1.70

0.07 Oil, Cottonseed 0.08 0.08 0.06 0.07 0.07

0.56 Oil, Olive 0.63 0.65 0.57 0.66 0.66

36.47 Oil, Palm 39.03 42.08 41.63 43.03 43.14

2.43 Oil, Palm Kernel 2.52 2.75 2.42 2.52 2.51

0.20 Oil, Peanut 0.16 0.15 0.18 0.18 0.20

3.33 Oil, Rapeseed 4.01 3.87 3.77 3.98 3.86

9.51 Oil, Soybean 7.96 8.47 9.35 9.41 9.43

3.71 Oil, Sunflowerseed 5.69 4.96 6.68 6.38 6.32

58.06 Total 61.89 64.87 66.36 67.94 67.88

none

Exports none

1.71 Oil, Coconut 1.86 1.91 1.76 1.70 1.73

0.14 Oil, Cottonseed 0.17 0.16 0.13 0.12 0.13

0.76 Oil, Olive 0.87 0.87 0.84 0.78 0.78

37.45 Oil, Palm 40.08 43.41 43.57 44.60 44.34

2.89 Oil, Palm Kernel 2.84 3.25 2.85 3.08 3.06

0.18 Oil, Peanut 0.18 0.17 0.20 0.19 0.21

3.42 Oil, Rapeseed 3.97 3.94 3.81 4.02 4.18

9.64 Oil, Soybean 8.47 9.36 9.37 9.75 9.73

4.53 Oil, Sunflowerseed 6.47 5.48 7.77 6.67 6.90

60.73 Total 64.90 68.54 70.31 70.91 71.05

none

Domestic Consumption none

3.67 Oil, Coconut 3.53 3.75 3.40 3.53 3.43

4.78 Oil, Cottonseed 5.13 5.18 5.07 5.08 5.08

3.05 Oil, Olive 3.07 2.64 2.83 2.59 2.59

47.63 Oil, Palm 50.16 54.98 57.31 60.73 61.04

5.16 Oil, Palm Kernel 5.73 6.14 6.61 6.88 6.90

5.29 Oil, Peanut 5.32 5.49 5.58 5.50 5.51

23.27 Oil, Rapeseed 23.68 23.72 25.63 27.00 26.92

40.74 Oil, Soybean 42.22 42.59 45.35 46.79 46.93

11.75 Oil, Sunflowerseed 12.96 13.21 14.57 15.18 14.88

145.34 Total 151.80 157.69 166.34 173.27 173.27

none

Ending Stocks none

0.75 Oil, Coconut 0.59 0.46 0.37 0.32 0.26

0.27 Oil, Cottonseed 0.26 0.21 0.21 0.21 0.21

0.77 Oil, Olive 0.91 0.48 0.54 0.16 0.16

6.10 Oil, Palm 7.33 7.53 7.77 7.34 7.12

0.81 Oil, Palm Kernel 0.91 0.84 0.78 0.66 0.60

0.14 Oil, Peanut 0.08 0.07 0.05 0.06 0.05

1.26 Oil, Rapeseed 1.73 2.84 3.71 3.62 3.63

4.13 Oil, Soybean 4.13 3.76 3.36 3.61 3.46

1.11 Oil, Sunflowerseed 2.11 1.64 2.03 1.69 1.85

15.34 Total 18.06 17.84 18.81 17.66 17.33

Totals may not add due to rounding

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

100.43 United States 92.44 93.32 99.02 117.34 117.34

79.04 Brazil 70.24 84.76 90.29 97.69 97.69

54.21 Argentina 44.82 53.68 57.52 59.94 61.09

58.06 China 59.60 59.79 58.92 57.81 57.81

35.95 India 37.03 37.49 36.76 36.24 35.59

133.27 Other 143.58 146.50 162.16 163.18 163.25

460.97 Total 447.71 475.54 504.66 532.20 532.77

Imports none

53.66 China 62.29 63.52 75.60 78.05 78.28

16.23 European Union 16.89 17.02 17.65 16.74 16.81

5.36 Mexico 5.39 5.08 5.58 5.84 5.87

5.47 Japan 5.34 5.54 5.49 5.57 5.57

2.34 Turkey 2.03 2.02 2.40 2.96 2.91

2.19 Indonesia 2.15 2.14 2.58 2.66 2.70

2.46 Taiwan 2.29 2.29 2.34 2.36 2.36

2.22 Thailand 1.99 1.96 1.88 2.09 2.09

1.70 Egypt 1.73 1.80 1.74 1.89 1.89

0.95 United States 1.31 1.77 3.17 1.69 1.83

11.16 Other 10.46 10.25 13.00 13.11 13.08

103.75 Total 111.87 113.39 131.45 132.95 133.39

Exports none

41.94 United States 37.78 36.87 45.79 49.74 49.75

30.07 Brazil 36.35 42.02 46.92 46.08 46.08

10.20 Canada 11.66 10.63 12.69 12.35 12.55

10.03 Argentina 8.10 8.42 8.49 8.84 8.79

5.27 Paraguay 3.61 5.54 4.82 4.83 4.83

2.85 Ukraine 2.83 2.72 3.57 4.10 3.95

1.82 Uruguay 2.61 3.53 3.24 3.18 3.28

6.20 Other 8.34 8.40 8.14 7.70 7.85

108.37 Total 111.27 118.12 133.66 136.81 137.06

Crush none

87.41 China 96.29 102.64 107.66 112.03 112.03

49.32 United States 50.32 50.23 51.47 53.19 53.10

40.06 European Union 41.09 42.15 45.49 46.14 46.15

41.58 Argentina 39.95 36.25 38.79 42.08 42.08

39.37 Brazil 41.17 37.74 39.16 40.35 40.35

28.83 India 28.51 29.27 28.67 27.84 27.74

7.83 Russia 11.96 11.05 13.85 13.55 13.75

8.49 Ukraine 10.28 9.20 12.28 11.38 11.45

7.68 Indonesia 8.35 8.99 9.66 10.27 10.29

7.74 Canada 8.41 8.27 8.52 8.88 8.88

5.73 Mexico 5.86 5.70 6.08 6.42 6.46

4.82 Pakistan 5.60 5.30 5.58 5.94 5.95

4.97 Malaysia 5.05 5.29 5.50 5.65 5.60

4.52 Japan 4.35 4.38 4.34 4.45 4.45

2.99 Turkey 3.00 3.13 3.54 3.99 3.96

35.35 Other 34.70 37.43 38.39 39.78 39.95

376.67 Total 394.88 397.01 418.96 431.94 432.18

Ending Stocks none

22.50 Argentina 17.02 23.35 30.50 36.31 37.32

23.93 Brazil 13.32 15.39 16.71 24.73 24.74

16.12 China 17.05 13.17 15.56 15.46 15.56

7.32 United States 5.61 5.76 3.95 11.98 11.54

4.00 European Union 4.91 3.67 3.03 3.97 4.00

11.82 Other 9.55 7.91 10.92 10.87 10.25

85.69 Total 67.45 69.25 80.68 103.32 103.41

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

60.56 China 66.95 71.34 75.20 79.04 79.01

38.05 United States 39.50 38.69 39.40 41.66 41.61

31.07 Argentina 29.70 27.23 29.03 31.65 31.65

29.65 Brazil 31.02 28.53 29.48 30.47 30.47

25.79 European Union 26.29 27.25 29.24 29.59 29.61

71.40 Other 73.70 75.69 79.82 81.40 81.56

256.50 Total 267.15 268.72 282.17 293.80 293.91

Imports none

27.04 European Union 28.20 23.38 24.67 25.89 25.59

3.32 Indonesia 3.53 3.62 4.23 4.51 4.50

2.96 Vietnam 2.52 3.36 3.59 3.77 3.83

3.08 Korea, South 3.38 3.54 3.68 3.73 3.76

2.24 United States 3.03 3.39 3.76 3.60 3.69

2.75 Thailand 3.36 3.26 3.14 3.32 3.42

1.88 Iran 2.38 2.17 2.78 2.86 2.86

30.81 Other 30.99 29.98 32.45 33.53 33.42

74.07 Total 77.39 72.71 78.29 81.20 81.06

Exports none

28.39 Argentina 26.93 24.03 25.37 29.16 29.20

13.99 Brazil 14.68 13.24 13.95 14.10 14.10

8.49 United States 9.17 10.49 10.78 11.90 11.90

3.14 Indonesia 3.68 3.80 3.93 4.31 4.14

2.93 Ukraine 3.86 3.07 3.82 3.93 3.99

3.22 Canada 3.52 3.60 3.67 3.71 3.71

1.05 Paraguay 0.55 2.15 2.46 2.59 2.59

15.95 Other 17.91 17.85 18.15 16.08 16.11

77.15 Total 80.30 78.23 82.12 85.77 85.73

Domestic Consumption none

63.00 China 67.89 70.89 74.54 78.35 78.23

51.52 European Union 52.68 50.39 52.48 54.06 53.72

31.77 United States 33.41 31.61 32.40 33.31 33.36

15.44 Brazil 15.61 15.42 15.90 16.11 16.11

11.05 India 11.52 12.13 12.71 13.21 13.28

5.74 Mexico 5.82 5.59 5.84 6.17 6.15

3.68 Indonesia 3.91 4.33 4.91 5.32 5.48

5.62 Japan 5.60 5.22 5.27 5.41 5.38

3.99 Russia 4.38 4.49 5.00 5.23 5.28

4.85 Thailand 5.21 5.22 4.92 5.11 5.18

54.41 Other 56.62 59.14 63.06 66.56 66.62

251.07 Total 262.65 264.41 277.03 288.83 288.79

SME none

60.27 China 65.06 67.93 71.32 75.29 75.14

46.57 European Union 47.23 44.74 46.89 48.24 48.12

30.92 United States 32.36 30.43 31.12 32.03 32.06

15.16 Brazil 15.32 15.20 15.65 15.87 15.87

9.64 India 10.09 10.62 11.22 11.62 11.69

5.38 Mexico 5.44 5.24 5.50 5.83 5.82

5.42 Japan 5.40 4.96 5.04 5.16 5.14

62.38 Other 65.62 68.14 72.59 76.58 76.77

235.73 Total 246.53 247.25 259.33 270.60 270.59

Ending Stocks none

2.52 Argentina 3.18 3.95 4.95 4.53 4.44

2.45 Brazil 3.21 3.11 2.76 3.04 3.04

0.91 European Union 1.23 0.32 0.66 0.92 0.92

0.44 Indonesia 0.46 0.43 0.62 0.61 0.62

0.24 India 0.29 0.38 0.22 0.37 0.42

4.37 Other 4.15 3.14 3.41 3.50 3.64

10.92 Total 12.52 11.31 12.62 12.96 13.08

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

27.24 Indonesia 30.13 32.73 35.03 37.78 37.78

19.02 China 21.00 22.40 23.62 24.30 24.32

20.39 Malaysia 20.42 21.63 22.57 22.95 22.25

16.31 European Union 16.90 16.08 18.24 17.62 17.64

9.78 United States 10.03 10.23 10.44 10.68 10.66

8.79 Argentina 8.48 7.42 7.82 8.60 8.59

7.80 Brazil 8.21 7.60 7.88 8.11 8.11

39.44 Other 42.38 43.06 45.67 45.63 45.62

148.77 Total 157.54 161.14 171.26 175.65 174.96

Imports none

8.58 India 10.01 10.71 11.54 12.92 12.92

8.53 European Union 9.12 9.91 9.74 9.81 9.58

8.39 China 9.23 10.79 9.07 9.40 8.83

3.61 United States 3.83 3.80 4.02 4.13 3.97

2.12 Pakistan 2.26 2.30 2.87 2.75 2.80

2.42 Egypt 2.31 1.91 2.15 2.36 2.31

1.38 Bangladesh 1.41 1.43 1.71 1.71 1.76

1.45 Iran 1.35 1.43 1.58 1.66 1.67

0.86 Turkey 1.11 1.26 1.37 1.25 1.32

1.63 Other 1.73 2.00 2.08 2.30 2.30

58.06 Total 61.89 64.87 66.36 67.94 67.88

Exports none

18.46 Indonesia 20.73 22.64 23.94 24.65 24.83

18.57 Malaysia 18.98 19.99 18.75 19.14 18.63

5.59 Argentina 4.65 4.66 4.53 4.94 4.96

2.70 Ukraine 3.33 3.32 4.36 3.89 3.94

2.49 Canada 2.75 2.63 2.45 2.77 2.77

1.62 European Union 2.01 2.43 2.31 2.19 2.19

0.41 Russia 1.80 1.27 2.41 2.08 2.15

10.89 Other 10.66 11.60 11.56 11.26 11.58

60.73 Total 64.90 68.54 70.31 70.91 71.05

Domestic Consumption none

27.99 China 29.34 31.17 32.36 33.51 33.13

24.14 European Union 23.87 24.18 25.09 25.52 25.33

15.92 India 16.76 17.84 18.94 20.04 20.03

11.91 United States 12.78 13.03 13.52 13.51 13.46

7.95 Indonesia 8.92 9.90 11.17 13.02 12.99

6.35 Brazil 6.66 6.77 7.09 7.37 7.37

3.67 Malaysia 3.70 3.97 4.39 4.62 4.63

3.23 Pakistan 3.48 3.55 3.98 4.10 4.17

3.05 Argentina 3.60 2.92 3.43 3.62 3.65

3.14 Russia 3.21 3.36 3.42 3.49 3.48

2.22 Mexico 2.30 2.36 2.36 2.47 2.48

2.38 Egypt 2.46 2.43 2.36 2.47 2.43

1.94 Thailand 1.99 2.02 2.35 2.29 2.28

2.20 Japan 2.16 2.19 2.20 2.23 2.22

1.74 Turkey 1.78 1.86 2.04 2.34 2.19

27.52 Other 28.81 30.14 31.64 32.66 33.43

145.34 Total 151.80 157.69 166.34 173.27 173.27

Ending Stocks none

0.88 China 1.69 3.62 3.83 3.90 3.73

2.54 Malaysia 2.93 2.11 2.39 2.36 2.26

1.37 Indonesia 1.88 2.13 2.11 2.27 2.11

1.64 European Union 1.78 1.16 1.74 1.57 1.43

1.61 United States 1.54 1.16 0.98 1.11 1.06

7.29 Other 8.23 7.66 7.77 6.45 6.75

15.34 Total 18.06 17.84 18.81 17.66 17.33

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

90,663 United States 84,291 82,791 91,389 108,014 108,014

75,300 Brazil 66,500 82,000 86,700 94,500 94,500

49,000 Argentina 40,100 49,300 54,000 56,000 57,000

15,080 China 14,485 13,050 12,200 12,350 12,350

10,100 India 11,700 12,200 9,500 10,500 9,800

7,128 Paraguay 4,043 8,202 8,200 8,500 8,500

4,445 Canada 4,467 5,086 5,359 6,050 6,050

12,530 Other 14,907 16,142 16,278 19,141 19,248

264,246 Total 240,493 268,771 283,626 315,055 315,462

Imports none

52,339 China 59,231 59,865 70,364 74,000 74,000

12,472 European Union 12,070 12,538 12,985 12,750 12,750

3,498 Mexico 3,606 3,409 3,842 4,050 4,050

2,917 Japan 2,759 2,830 2,894 2,900 2,900

1,898 Indonesia 1,922 1,795 2,241 2,350 2,350

2,454 Taiwan 2,285 2,286 2,335 2,350 2,350

2,139 Thailand 1,907 1,867 1,798 2,000 2,000

1,644 Egypt 1,649 1,730 1,694 1,820 1,820

1,351 Turkey 1,057 1,249 1,608 1,800 1,800

1,000 Russia 741 691 1,931 1,500 1,500

7,048 Other 6,226 7,645 9,559 8,555 8,692

88,760 Total 93,453 95,905 111,251 114,075 114,212

Exports none

40,959 United States 37,156 35,846 44,815 48,716 48,716

29,951 Brazil 36,257 41,904 46,829 46,000 46,000

9,205 Argentina 7,368 7,738 7,842 8,000 8,000

5,226 Paraguay 3,574 5,518 4,800 4,800 4,800

2,943 Canada 2,933 3,470 3,471 3,700 3,700

3,418 Other 4,869 6,058 5,178 6,201 6,301

91,702 Total 92,157 100,534 112,935 117,417 117,517

Crush none

55,000 China 60,970 64,950 68,850 74,500 74,350

44,851 United States 46,348 45,967 47,192 48,852 48,852

37,614 Argentina 35,886 33,611 36,171 39,180 39,180

36,330 Brazil 38,083 35,235 36,276 37,600 37,600

12,430 European Union 12,414 13,231 13,591 13,600 13,600

9,300 India 9,650 9,900 8,300 7,600 7,500

3,625 Mexico 3,675 3,650 4,030 4,250 4,250

2,170 Russia 2,400 2,440 3,300 3,800 3,850

1,570 Paraguay 900 2,950 3,350 3,600 3,600

1,800 Bolivia 2,000 2,175 2,250 2,300 2,300

2,149 Japan 1,960 1,915 1,940 1,970 1,970

2,060 Taiwan 2,020 1,920 1,925 1,970 1,970

1,644 Egypt 1,620 1,710 1,680 1,800 1,800

1,425 Canada 1,411 1,550 1,537 1,675 1,675

1,820 Thailand 1,751 1,425 1,500 1,600 1,600

7,524 Other 7,243 7,556 8,954 9,888 9,888

221,312 Total 228,331 230,185 240,846 254,185 253,985

Ending Stocks none

21,403 Argentina 16,300 21,813 29,000 34,722 35,722

23,636 Brazil 13,024 15,330 16,530 24,580 24,580

14,538 China 15,909 12,378 14,427 14,327 14,327

5,852 United States 4,610 3,825 2,503 10,479 10,059

438 India 800 1,135 606 1,208 708

4,854 Other 3,809 2,914 3,250 4,214 4,157

70,721 Total 54,452 57,395 66,316 89,530 89,553

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.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

43,560 China 48,288 51,440 54,531 59,004 58,885

35,608 United States 37,217 36,174 36,909 39,100 39,100

29,312 Argentina 27,945 26,089 27,892 30,390 30,390

28,160 Brazil 29,510 27,310 28,080 29,130 29,130

9,633 European Union 9,668 10,432 10,737 10,750 10,750

7,440 India 7,720 7,920 6,640 6,080 6,000

2,870 Mexico 2,910 2,890 3,185 3,358 3,358

17,844 Other 17,192 19,036 21,368 23,007 23,042

174,427 Total 180,450 181,291 189,342 200,819 200,655

Imports none

21,877 European Union 20,872 16,941 18,175 19,300 19,300

3,069 Indonesia 3,278 3,367 3,983 4,250 4,250

2,719 Vietnam 2,276 2,980 3,342 3,500 3,500

2,318 Thailand 2,928 2,874 2,665 2,900 2,900

1,742 Iran 2,192 2,099 2,683 2,750 2,750

1,972 Philippines 1,833 1,969 2,337 2,500 2,500

2,208 Japan 2,282 1,765 1,976 2,000 2,000

1,658 Korea, South 1,571 1,654 1,825 1,880 1,880

1,500 Mexico 1,548 1,295 1,410 1,600 1,600

1,074 Algeria 892 1,333 1,383 1,425 1,425

16,771 Other 17,306 17,551 18,063 18,656 18,656

56,908 Total 56,978 53,828 57,842 60,761 60,761

Exports none

27,615 Argentina 26,043 23,667 24,972 28,830 28,830

13,987 Brazil 14,678 13,242 13,948 14,100 14,100

8,238 United States 8,845 10,139 10,478 11,612 11,612

1,043 Paraguay 523 2,149 2,450 2,570 2,570

472 China 966 1,365 2,017 1,700 1,800

7,190 Other 7,220 7,373 6,157 5,262 5,062

58,545 Total 58,275 57,935 60,022 64,074 63,974

Domestic Consumption none

43,382 China 47,435 50,091 52,534 57,354 57,135

30,952 European Union 29,670 27,123 28,495 29,442 29,442

27,489 United States 28,614 26,280 26,758 27,670 27,670

13,950 Brazil 14,100 14,200 14,498 14,780 14,780

4,340 Mexico 4,370 4,225 4,550 4,850 4,850

3,100 Vietnam 3,300 3,700 4,200 4,450 4,450

2,870 India 3,280 3,490 4,050 4,290 4,360

2,784 Indonesia 3,218 3,430 3,900 4,250 4,250

3,775 Thailand 4,153 4,200 3,880 4,100 4,100

3,844 Japan 3,840 3,352 3,421 3,500 3,500

2,525 Iran 2,500 2,460 2,948 3,100 3,100

2,181 Russia 2,365 2,532 2,750 2,900 2,950

1,875 Philippines 1,925 1,999 2,350 2,650 2,650

1,900 Egypt 2,100 2,220 2,450 2,465 2,465

2,336 Korea, South 2,265 2,248 2,385 2,450 2,450

23,682 Other 24,484 25,847 27,242 28,838 28,838

170,985 Total 177,619 177,397 186,411 197,089 196,990

Ending Stocks none

2,229 Argentina 2,921 3,743 4,863 4,323 4,323

2,436 Brazil 3,198 3,098 2,757 3,032 3,032

453 European Union 439 153 260 478 478

330 Indonesia 390 323 406 406 406

208 India 264 347 202 349 399

2,825 Other 2,803 2,138 2,065 2,382 2,367

8,481 Total 10,015 9,802 10,553 10,970 11,005

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.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

9,840 China 10,914 11,626 12,335 13,343 13,316

8,568 United States 8,954 8,990 9,131 9,335 9,328

7,181 Argentina 6,839 6,364 6,785 7,440 7,440

6,970 Brazil 7,310 6,760 6,960 7,215 7,215

2,392 European Union 2,359 2,514 2,582 2,584 2,584

1,646 India 1,708 1,752 1,478 1,350 1,330

648 Mexico 657 653 720 760 760

4,157 Other 3,992 4,438 4,971 5,345 5,353

41,402 Total 42,733 43,097 44,962 47,372 47,326

Imports none

945 India 1,174 1,086 1,830 2,000 2,000

1,319 China 1,502 1,409 1,353 1,000 1,000

516 Algeria 438 575 625 580 580

704 Iran 411 543 551 550 550

376 Bangladesh 420 397 442 500 500

397 Morocco 367 364 446 450 450

366 Venezuela 415 374 403 425 425

315 Peru 344 363 355 370 370

238 Colombia 257 216 288 320 320

906 European Union 386 300 325 300 300

3,425 Other 2,244 2,844 2,736 2,913 2,931

9,507 Total 7,958 8,471 9,354 9,408 9,426

Exports none

4,561 Argentina 3,794 4,244 4,087 4,475 4,525

1,668 Brazil 1,885 1,251 1,378 1,170 1,170

1,466 United States 664 982 851 930 862

463 European Union 742 1,013 771 800 800

255 Paraguay 127 558 630 650 650

136 Russia 142 129 332 350 350

232 Bolivia 224 288 315 320 320

862 Other 891 897 1,002 1,050 1,050

9,643 Total 8,469 9,362 9,366 9,745 9,727

Domestic Consumption none

11,409 China 12,044 12,545 13,657 14,259 14,261

7,619 United States 8,306 8,476 8,599 8,324 8,460

5,205 Brazil 5,390 5,534 5,765 6,040 6,040

2,610 India 2,750 2,950 3,300 3,400 3,400

2,520 Argentina 3,020 2,275 2,729 2,891 2,891

2,530 European Union 2,109 1,908 1,980 2,070 2,070

835 Mexico 845 855 890 946 946

646 Iran 625 630 635 635 635

475 Algeria 490 540 590 610 610

388 Bangladesh 440 470 530 605 605

669 Egypt 440 582 496 522 522

399 Venezuela 424 439 449 464 464

443 Korea, South 465 445 455 455 455

403 Morocco 372 374 440 450 450

433 Japan 390 409 394 398 398

4,151 Other 4,110 4,153 4,439 4,717 4,719

40,735 Total 42,220 42,585 45,348 46,786 46,926

Ending Stocks none

303 China 615 1,021 958 962 933

1,100 United States 1,152 773 529 683 626

434 European Union 328 221 377 391 391

295 Argentina 320 258 236 320 270

383 Brazil 418 399 216 221 221

1,617 Other 1,301 1,083 1,041 1,029 1,015

4,132 Total 4,134 3,755 3,357 3,606 3,456

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.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2014/152013/142012/132014/152013/142012/132014/152013/142012/13

Exports

North America 10,398 10,738 11,882 1,088 947 976 39,316 48,286 52,416

Canada (Aug-Jul) 246 241 250 102 92 110 3,470 3,471 3,700

United States (Sep-Aug) 10,139 10,478 11,612 982 851 862 35,846 44,815 48,716

South America 40,637 42,900 47,000 6,346 6,412 6,667 59,241 62,834 62,359

Argentina (Oct-Sep) 23,667 24,972 28,830 4,244 4,087 4,525 7,738 7,842 8,000

Brazil (Oct-Sep) 13,242 13,948 14,100 1,251 1,378 1,170 41,904 46,829 46,000

Paraguay (Mar-Feb) 2,149 2,450 2,570 558 630 650 5,518 4,800 4,800

South Asia 4,362 2,748 1,457 0 1 0 115 183 250

India (Oct-Sep) 4,354 2,742 1,450 0 1 0 115 183 250

Other 2,538 3,636 3,635 1,928 2,006 2,084 1,862 1,632 2,492

World Total 57,935 60,022 63,974 9,362 9,366 9,727 100,534 112,935 117,517

Imports

European Union (Oct-Sep) 16,941 18,175 19,300 300 325 300 12,538 12,985 12,750

East Asia 3,509 3,884 4,015 1,862 1,772 1,425 66,112 76,866 80,572

China (Oct-Sep) 16 20 50 1,409 1,353 1,000 59,865 70,364 74,000

Japan (Oct-Sep) 1,765 1,976 2,000 38 16 15 2,830 2,894 2,900

Korea, South (Oct-Sep) 1,654 1,825 1,880 300 278 275 1,115 1,271 1,300

Taiwan (Oct-Sep) 43 22 35 0 3 0 2,286 2,335 2,350

Southeast Asia 12,485 13,743 14,596 226 299 310 5,603 6,150 6,615

Indonesia (Oct-Sep) 3,367 3,983 4,250 25 25 25 1,795 2,241 2,350

Malaysia (Oct-Sep) 1,276 1,397 1,425 78 113 120 574 554 610

Philippines (Jan-Dec) 1,969 2,337 2,500 37 41 42 56 122 135

Thailand (Sep-Aug) 2,874 2,665 2,900 0 6 4 1,867 1,798 2,000

Vietnam (Jan-Dec) 2,980 3,342 3,500 55 80 85 1,291 1,415 1,500

North America 2,500 2,697 2,802 311 307 324 4,782 6,133 5,167

Canada (Aug-Jul) 983 982 975 28 31 33 270 340 300

Mexico (Sep-Aug) 1,295 1,410 1,600 194 201 200 3,409 3,842 4,050

South America 4,651 4,642 4,890 1,250 1,293 1,381 1,187 1,581 1,377

Brazil (Oct-Sep) 32 25 25 6 0 0 395 605 300

Colombia (Oct-Sep) 1,057 1,036 1,080 216 288 320 328 436 500

Central America 938 948 1,001 155 165 180 277 244 310

Caribbean 760 837 920 255 286 309 142 148 165

Middle East 4,829 5,295 5,477 651 640 646 1,756 2,257 2,410

Iran (Oct-Sep) 2,099 2,683 2,750 543 551 550 126 301 250

Israel (Oct-Sep) 122 129 140 21 11 15 313 319 325

Syria (Jan-Dec) 204 251 260 2 1 2 68 29 35

Turkey (Oct-Sep) 1,030 744 740 3 8 2 1,249 1,608 1,800

North Africa 3,071 3,245 3,275 1,385 1,404 1,435 1,803 1,828 1,960

Egypt (Oct-Sep) 889 1,116 1,045 324 213 280 1,730 1,694 1,820

Other 4,144 4,376 4,485 2,076 2,863 3,116 1,705 3,059 2,886

World Total 53,828 57,842 60,761 8,471 9,354 9,426 95,905 111,251 114,212

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

Production none

23,600 Indonesia 26,200 28,500 30,500 33,000 33,000

18,211 Malaysia 18,202 19,321 20,161 20,500 19,800

1,832 Thailand 1,892 2,135 2,150 2,250 2,000

753 Colombia 945 1,140 1,040 1,108 1,108

850 Nigeria 850 910 930 930 930

3,896 Other 4,350 4,501 4,706 4,653 4,748

49,142 Total 52,439 56,507 59,487 62,441 61,586

Imports none

6,661 India 7,473 8,364 7,820 8,900 8,900

4,944 European Union 5,707 6,798 6,791 7,000 6,800

5,711 China 5,841 6,589 5,573 6,100 5,700

2,064 Pakistan 2,218 2,246 2,758 2,650 2,700

996 Bangladesh 984 1,030 1,262 1,200 1,250

1,441 Egypt 1,368 969 1,153 1,225 1,225

980 United States 1,032 1,293 1,220 1,202 1,112

655 Russia 545 763 660 775 775

634 Iran 610 722 609 760 750

1,627 Other 1,725 2,000 2,075 2,300 2,300

36,472 Total 39,033 42,075 41,633 43,028 43,138

Exports none

16,423 Indonesia 18,452 20,373 21,719 22,300 22,500

17,151 Malaysia 17,586 18,524 17,344 17,700 17,200

577 Papua New Guinea 587 564 541 640 640

255 Benin 253 430 600 390 450

210 Guatemala 248 346 411 330 405

2,837 Other 2,954 3,173 2,958 3,241 3,142

37,453 Total 40,080 43,410 43,573 44,601 44,337

Domestic Consumption none

6,414 Indonesia 7,129 7,852 8,798 10,520 10,420

7,080 India 7,425 8,225 8,200 9,000 9,000

5,110 European Union 5,523 6,560 6,750 6,840 6,650

5,797 China 5,841 6,389 5,749 6,010 5,750

2,204 Malaysia 2,150 2,451 2,868 3,040 3,050

2,077 Pakistan 2,115 2,235 2,540 2,630 2,690

1,457 Thailand 1,518 1,605 1,890 1,820 1,810

1,267 Nigeria 1,285 1,375 1,415 1,430 1,480

980 Bangladesh 1,030 1,030 1,190 1,185 1,295

957 United States 1,043 1,238 1,207 1,197 1,107

1,293 Egypt 1,265 1,100 1,070 1,075 1,100

787 Colombia 890 905 962 1,013 1,013

545 Ghana 665 700 730 730 760

580 Iran 600 725 650 740 730

1,325 Other 1,390 1,650 1,725 2,000 2,000

47,631 Total 50,164 54,975 57,307 60,725 61,036

Ending Stocks none

2,163 Malaysia 2,481 1,784 2,091 2,125 2,016

825 Indonesia 1,445 1,758 1,768 1,948 1,848

571 India 669 858 528 449 478

112 Pakistan 170 141 309 206 269

255 European Union 270 369 248 379 238

2,178 Other 2,297 2,619 2,825 2,237 2,271

6,104 Total 7,332 7,529 7,769 7,344 7,120

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 17: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2014/152013/142012/132014/152013/142012/132014/152013/142012/13

Production

China (Oct-Sep) 10,690 11,614 11,363 6,045 6,579 6,436 14,007 14,458 14,700

India (Oct-Sep) 3,540 3,720 3,660 2,350 2,500 2,450 6,800 7,300 7,100

Canada (Aug-Jul) 3,785 3,925 4,060 2,950 3,050 3,160 13,869 17,966 15,555

Japan (Oct-Sep) 1,365 1,330 1,370 1,055 1,010 1,012 2 2 2

European Union (Jul-Jun) 12,935 13,764 14,203 9,335 9,934 10,251 19,631 21,102 24,077

Other 4,584 5,006 5,528 3,165 3,469 3,840 9,453 10,352 10,149

World Total 36,899 39,359 40,184 24,900 26,542 27,149 63,762 71,180 71,583

Imports

China (Oct-Sep) 106 314 100 1,598 902 900 3,421 5,046 4,100

India (Oct-Sep) 0 0 0 8 160 250 0 0 0

Canada (Aug-Jul) 11 11 12 170 83 75 128 66 100

Japan (Oct-Sep) 75 76 75 21 10 12 2,495 2,378 2,450

European Union (Jul-Jun) 415 457 440 210 296 270 3,378 3,495 2,940

Other 4,577 5,065 5,115 1,865 2,318 2,357 3,237 4,246 4,599

World Total 5,184 5,923 5,742 3,872 3,769 3,864 12,659 15,231 14,189

Exports

China (Oct-Sep) 101 37 30 6 6 10 0 0 0

India (Oct-Sep) 901 1,327 1,000 3 3 3 0 1 0

Canada (Aug-Jul) 3,345 3,424 3,450 2,516 2,348 2,650 7,114 9,173 8,800

Japan (Oct-Sep) 0 2 2 1 2 1 0 0 0

European Union (Jul-Jun) 272 361 400 461 306 330 94 290 530

Other 683 923 1,009 956 1,148 1,183 5,245 5,496 4,831

World Total 5,302 6,074 5,891 3,943 3,813 4,177 12,453 14,960 14,161

Domestic Consumption

China (Oct-Sep) 10,695 11,891 11,433 6,316 7,025 7,344 17,600 19,100 18,700

India (Oct-Sep) 2,630 2,403 2,660 2,400 2,605 2,730 6,960 7,250 7,100

Canada (Aug-Jul) 580 485 589 572 645 660 7,008 7,084 7,339

Japan (Oct-Sep) 1,440 1,404 1,443 1,020 1,020 1,025 2,444 2,375 2,456

European Union (Jul-Jun) 13,122 13,750 14,200 9,231 9,675 10,147 23,447 24,907 25,827

Other 8,504 9,222 9,609 4,184 4,660 5,010 7,993 8,848 9,747

World Total 36,971 39,155 39,934 23,723 25,630 26,916 65,452 69,564 71,169

Ending Stocks

China (Oct-Sep) 0 0 0 2,157 2,607 2,589 632 1,036 1,136

India (Oct-Sep) 30 20 20 113 165 132 569 618 618

Canada (Aug-Jul) 101 128 161 71 211 136 588 2,363 1,879

Japan (Oct-Sep) 0 0 0 118 116 114 109 114 110

European Union (Jul-Jun) 89 199 242 32 281 325 2,573 1,973 2,633

Other 153 79 104 346 325 329 622 876 1,046

World Total 373 426 527 2,837 3,705 3,625 5,093 6,980 7,422

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 18: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2014/152013/142012/132014/152013/142012/132014/152013/142012/13

Production

Argentina (Mar-Feb) 3,100 2,100 2,600 1,021 970 1,090 984 950 1,050

Russia (Sep-Aug) 7,959 10,554 8,929 2,808 3,466 3,215 3,117 3,851 3,570

Turkey (Sep-Aug) 1,125 1,400 1,200 685 753 724 769 845 811

Ukraine (Sep-Aug) 9,000 11,600 10,200 3,607 4,700 4,260 3,615 4,725 4,284

European Union (Oct-Sep) 7,088 8,881 9,041 3,297 4,127 4,060 2,544 3,185 3,140

Other 7,701 8,371 8,293 2,596 2,846 2,758 2,237 2,484 2,421

World Total 35,973 42,906 40,263 14,014 16,862 16,107 13,266 16,040 15,276

Imports

Argentina (Mar-Feb) 7 1 1 0 0 0 0 0 0

Russia (Sep-Aug) 28 35 30 0 6 0 21 12 10

Turkey (Sep-Aug) 628 581 700 432 757 750 657 776 750

Ukraine (Sep-Aug) 20 15 10 2 0 0 1 0 0

European Union (Oct-Sep) 214 319 250 3,030 3,364 3,350 942 1,039 850

Other 413 598 664 1,252 1,411 1,483 3,336 4,857 4,708

World Total 1,310 1,549 1,655 4,716 5,538 5,583 4,957 6,684 6,318

Exports

Argentina (Mar-Feb) 84 75 80 327 350 320 353 352 350

Russia (Sep-Aug) 31 125 75 1,360 1,729 1,500 942 1,750 1,450

Turkey (Sep-Aug) 38 33 40 1 0 0 289 584 600

Ukraine (Sep-Aug) 127 70 50 3,052 3,648 3,750 3,245 4,181 3,700

European Union (Oct-Sep) 521 713 700 123 173 180 241 372 305

Other 638 934 952 234 289 257 405 528 499

World Total 1,439 1,950 1,897 5,097 6,189 6,007 5,475 7,767 6,904

Domestic Consumption

Argentina (Mar-Feb) 2,374 2,280 2,530 745 745 742 646 698 747

Russia (Sep-Aug) 8,046 10,095 9,145 1,474 1,650 1,750 2,120 2,140 2,180

Turkey (Sep-Aug) 1,807 1,987 1,908 1,208 1,489 1,495 994 1,025 1,045

Ukraine (Sep-Aug) 8,710 11,385 10,335 557 600 650 570 575 580

European Union (Oct-Sep) 6,944 8,474 8,416 6,786 7,195 7,230 3,373 3,603 3,643

Other 7,681 8,120 7,983 3,641 3,978 3,984 5,510 6,528 6,680

World Total 35,562 42,341 40,317 14,411 15,657 15,851 13,213 14,569 14,875

Ending Stocks

Argentina (Mar-Feb) 1,018 764 755 197 72 100 515 415 368

Russia (Sep-Aug) 0 369 108 0 93 58 199 172 122

Turkey (Sep-Aug) 177 138 90 0 21 0 380 392 308

Ukraine (Sep-Aug) 207 367 192 0 452 312 60 29 33

European Union (Oct-Sep) 787 800 975 77 200 200 62 311 353

Other 443 358 380 80 70 70 428 713 663

World Total 2,632 2,796 2,500 354 908 740 1,644 2,032 1,847

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 19: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2014/152013/142012/132014/152013/142012/132014/152013/142012/13

Production

China (Oct-Sep) 2,686 2,725 2,720 1,566 1,487 1,396 nr nr nr

India (Oct-Sep) 1,180 1,220 1,150 1,220 1,305 1,350 nr nr nr

Turkey (Nov-Oct) 4 4 5 146 125 147 175 180 170

United States (Aug-Jul) 96 95 95 363 286 277 4 5 5

European Union (Oct-Sep) 12 12 12 49 51 48 1,625 2,475 1,600

Other 1,518 1,520 1,536 1,868 1,885 1,925 635 491 561

World Total 5,496 5,576 5,518 5,212 5,139 5,143 2,439 3,151 2,336

Imports

China (Oct-Sep) 65 74 100 0 0 0 nr nr nr

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

Turkey (Nov-Oct) 0 0 0 0 0 0 0 0 0

United States (Aug-Jul) 5 25 20 9 14 9 297 311 306

European Union (Oct-Sep) 66 66 66 0 0 0 161 54 150

Other 15 18 17 69 50 56 188 207 204

World Total 151 183 203 78 64 65 646 572 660

Exports

China (Oct-Sep) 6 10 10 1 5 10 nr nr nr

India (Oct-Sep) 4 5 15 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 1 1 97 30 25

United States (Aug-Jul) 6 4 6 100 67 68 7 6 7

European Union (Oct-Sep) 2 3 3 1 1 1 537 675 580

Other 153 179 172 52 60 46 233 130 170

World Total 171 201 206 155 134 126 874 841 782

Domestic Consumption

China (Oct-Sep) 2,745 2,789 2,810 1,565 1,482 1,386 nr nr nr

India (Oct-Sep) 1,187 1,215 1,135 1,238 1,295 1,345 nr nr nr

Turkey (Nov-Oct) 4 4 5 145 128 140 83 140 145

United States (Aug-Jul) 95 116 107 272 233 218 294 310 304

European Union (Oct-Sep) 76 74 75 48 50 47 1,650 1,780 1,540

Other 1,378 1,380 1,381 1,914 1,882 1,946 610 598 605

World Total 5,485 5,578 5,513 5,182 5,070 5,082 2,637 2,828 2,594

Ending Stocks

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

India (Oct-Sep) 10 10 10 48 58 63 nr nr nr

Turkey (Nov-Oct) 0 0 0 6 2 8 9 19 19

United States (Aug-Jul) 9 9 11 45 45 45 0 0 0

European Union (Oct-Sep) 2 3 3 0 0 0 356 430 60

Other 49 28 28 115 108 97 119 89 79

World Total 70 50 52 214 213 213 484 538 158

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 20: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

326.78 28.6562.35430.4763.6440.05197.43 2001/02 325.53 42.59

334.47 29.3970.03448.0170.9642.59195.59 2002/03 328.60 49.38

338.38 29.2866.78451.8264.0649.38212.31 2003/04 338.64 46.40

383.92 30.7074.35503.0272.7046.40219.03 2004/05 368.97 59.71

394.36 31.8275.81529.3875.3259.71221.16 2005/06 387.11 66.46

406.04 31.8083.09553.1180.6266.46222.83 2006/07 394.85 75.18

391.69 31.6991.35556.8990.0275.18218.82 2007/08 402.44 63.10

399.59 33.6094.57556.5993.9063.10230.32 2008/09 404.22 57.79

447.30 34.71106.92606.78101.6957.79235.90 2009/10 424.57 75.29

460.97 36.09108.37640.00103.7575.29244.73 2010/11 445.94 85.69

447.71 36.47111.27645.26111.8785.69248.59 2011/12 466.54 67.45

475.54 36.49118.12656.38113.3967.45255.25 2012/13 469.02 69.25

504.66 37.31133.66705.35131.4569.25258.47 2013/14 491.02 80.68

532.77 37.98137.06746.84133.3980.68263.12 2014/15 506.37 103.41

Major Protein Meals

182.57 0.3352.82241.2951.487.24nr 2001/02 180.53 7.94

185.77 0.3654.01247.2753.567.94nr 2002/03 186.23 7.03

191.17 0.3759.04256.0057.807.03nr 2003/04 189.38 7.59

206.52 0.3961.20273.5959.487.59nr 2004/05 204.72 7.68

216.85 0.3766.27289.9265.407.68nr 2005/06 215.09 8.56

223.77 0.4068.98299.1966.878.56nr 2006/07 220.88 9.34

231.43 0.4672.14310.4669.689.34nr 2007/08 229.07 9.25

229.07 0.4369.38305.8467.519.25nr 2008/09 229.34 7.13

243.80 0.4672.10319.7368.807.13nr 2009/10 239.07 8.56

256.50 0.4777.15339.1474.078.56nr 2010/11 251.07 10.92

267.15 0.5180.30355.4777.3910.92nr 2011/12 262.65 12.52

268.72 0.5178.23353.9572.7112.52nr 2012/13 264.41 11.31

282.17 0.5282.12371.7778.2911.31nr 2013/14 277.03 12.62

293.91 0.5985.73387.6081.0612.62nr 2014/15 288.79 13.08

Major Vegetable Oils

93.01 80.3533.29134.4230.8310.5810.94 2001/02 90.85 10.28

96.43 83.1836.59141.6034.8910.2811.38 2002/03 94.96 10.04

103.22 87.2540.01150.9637.7010.0412.02 2003/04 100.51 10.44

112.06 91.7043.91163.3840.8910.4412.68 2004/05 107.42 12.05

119.44 94.7248.65175.9644.4612.0513.42 2005/06 114.20 13.11

122.18 96.6450.44182.6247.3413.1114.00 2006/07 119.23 12.95

129.27 99.8454.52192.9950.7712.9514.50 2007/08 125.65 12.82

134.37 103.0756.75201.7754.5812.8215.36 2008/09 131.17 13.84

141.64 107.5059.07211.8956.4113.8416.24 2009/10 138.24 14.58

148.77 111.8460.73221.4058.0614.5816.90 2010/11 145.34 15.34

157.54 115.6464.90234.7761.8915.3417.49 2011/12 151.80 18.06

161.14 120.6068.54244.0764.8718.0618.18 2012/13 157.69 17.84

171.26 125.5170.31255.4666.3617.8418.88 2013/14 166.34 18.81

174.96 129.9271.05261.6467.8818.8119.55 2014/15 173.27 17.33

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 21: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

184.92 157.7853.01272.4554.3633.1779.61 2001/02 184.28 35.16

196.94 165.0761.32294.9962.8835.1681.62 2002/03 191.11 42.55

186.78 163.5456.05283.3654.0442.5588.58 2003/04 188.91 38.41

215.90 175.2964.75317.8663.5638.4193.35 2004/05 204.44 48.67

220.87 185.9863.85333.6464.1048.6793.12 2005/06 215.83 53.95

236.31 195.5871.14359.1768.9153.9594.57 2006/07 225.02 63.01

219.02 202.2978.32360.4078.3763.0190.85 2007/08 229.50 52.58

212.08 193.6277.21342.0977.4352.5896.44 2008/09 221.74 43.13

260.56 209.5891.44390.5186.8243.13102.56 2009/10 238.42 60.64

264.25 221.3191.70413.6588.7660.64103.36 2010/11 251.23 70.72

240.49 228.3392.16404.6793.4570.72103.14 2011/12 258.06 54.45

268.77 230.19100.53419.1395.9154.45109.32 2012/13 261.20 57.40

283.63 240.85112.94452.27111.2557.40113.27 2013/14 273.02 66.32

315.46 253.99117.52495.99114.2166.32118.00 2014/15 288.92 89.55

Meal, Soybean

124.87 157.8941.78170.8140.515.43nr 2001/02 123.18 5.84

130.23 165.0743.04178.4842.415.84nr 2002/03 129.92 5.52

128.92 163.5546.08179.3644.925.52nr 2003/04 127.64 5.64

138.62 175.3047.70190.2846.025.64nr 2004/05 136.74 5.84

146.43 186.0052.25203.7051.435.84nr 2005/06 145.30 6.15

153.82 195.6054.70212.7952.816.15nr 2006/07 150.99 7.09

158.75 202.3356.06220.7054.867.09nr 2007/08 157.45 7.19

152.17 193.8052.84211.0451.697.19nr 2008/09 153.26 4.94

165.28 209.9255.61223.7053.484.94nr 2009/10 161.42 6.68

174.43 221.7558.55238.0156.916.68nr 2010/11 170.99 8.48

180.45 228.8358.28245.9156.988.48nr 2011/12 177.62 10.02

181.29 230.7157.94245.1353.8310.02nr 2012/13 177.40 9.80

189.34 241.5460.02256.9957.849.80nr 2013/14 186.41 10.55

200.66 254.5363.97271.9760.7610.55nr 2014/15 196.99 11.01

Oil, Soybean

28.95 157.888.2539.607.553.10nr 2001/02 28.10 3.25

30.58 165.078.8142.048.213.25nr 2002/03 30.11 3.12

30.24 163.548.7041.768.393.12nr 2003/04 30.30 2.75

32.57 175.299.0644.188.862.75nr 2004/05 31.83 3.29

34.86 185.989.7947.239.083.29nr 2005/06 33.54 3.90

36.43 195.5810.5350.319.973.90nr 2006/07 35.71 4.06

37.74 202.3110.8452.2010.404.06nr 2007/08 37.51 3.85

35.94 193.789.1848.959.173.85nr 2008/09 36.37 3.40

38.85 209.909.1650.978.723.40nr 2009/10 38.21 3.60

41.40 221.739.6454.519.513.60nr 2010/11 40.74 4.13

42.73 228.788.4754.827.964.13nr 2011/12 42.22 4.13

43.10 230.669.3655.708.474.13nr 2012/13 42.59 3.76

44.96 241.499.3758.079.353.76nr 2013/14 45.35 3.36

47.33 254.499.7360.119.433.36nr 2014/15 46.93 3.46

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 22: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

36.03 0.394.9043.674.952.6923.30 2001/02 35.93 2.85

33.29 0.414.1340.164.022.8522.10 2002/03 33.83 2.20

39.48 0.425.5346.825.142.2025.49 2003/04 38.91 2.38

46.16 0.444.9153.545.002.3826.71 2004/05 43.35 5.29

48.60 0.456.9860.546.665.2927.29 2005/06 47.78 5.79

45.02 0.476.6357.806.995.7926.42 2006/07 46.09 5.08

48.60 0.488.1661.227.545.0828.29 2007/08 49.11 3.95

57.86 0.5012.1373.9312.113.9531.03 2008/09 54.52 7.28

60.99 0.5210.8479.0210.747.2831.43 2009/10 59.28 8.89

60.56 0.5410.8779.5510.108.8933.82 2010/11 60.35 8.33

61.57 0.6312.9283.0913.188.3334.12 2011/12 63.59 6.58

63.76 0.6612.4583.0012.666.5836.30 2012/13 65.45 5.09

71.18 0.6514.9691.5015.235.0936.12 2013/14 69.56 6.98

71.58 0.6514.1692.7514.196.9835.67 2014/15 71.17 7.42

Meal, Rapeseed

19.95 0.001.5221.811.540.33nr 2001/02 19.95 0.34

18.82 0.001.6220.901.730.34nr 2002/03 18.96 0.32

21.76 0.002.4924.572.490.32nr 2003/04 21.59 0.49

24.23 0.002.2427.022.300.49nr 2004/05 24.43 0.35

26.50 0.002.5129.402.550.35nr 2005/06 26.30 0.60

25.70 0.002.9629.353.050.60nr 2006/07 26.10 0.29

27.62 0.003.6931.463.550.29nr 2007/08 27.47 0.30

30.69 0.003.5934.573.580.30nr 2008/09 30.74 0.25

33.39 0.003.4837.263.620.25nr 2009/10 33.33 0.45

34.04 0.005.0839.414.920.45nr 2010/11 33.80 0.53

35.69 0.005.4041.365.140.53nr 2011/12 35.39 0.56

36.90 0.005.3042.655.180.56nr 2012/13 36.97 0.37

39.36 0.006.0745.665.920.37nr 2013/14 39.16 0.43

40.18 0.005.8946.355.740.43nr 2014/15 39.93 0.53

Oil, Rapeseed

13.09 12.081.0315.001.120.79nr 2001/02 13.26 0.72

12.27 11.060.9113.880.890.72nr 2002/03 12.40 0.57

14.18 12.521.3316.111.360.57nr 2003/04 14.41 0.38

15.79 12.901.2917.371.200.38nr 2004/05 15.59 0.48

17.52 13.221.6519.471.470.48nr 2005/06 17.12 0.70

17.19 12.591.9920.092.200.70nr 2006/07 17.56 0.54

18.52 13.101.9021.082.030.54nr 2007/08 18.35 0.83

20.59 14.092.4423.862.440.83nr 2008/09 20.45 0.97

22.50 14.772.7326.402.920.97nr 2009/10 22.08 1.59

23.04 15.733.4227.963.331.59nr 2010/11 23.27 1.26

24.10 16.093.9729.384.011.26nr 2011/12 23.68 1.73

24.90 16.423.9430.503.871.73nr 2012/13 23.72 2.84

26.54 17.303.8133.153.772.84nr 2013/14 25.63 3.71

27.15 18.334.1834.723.863.71nr 2014/15 26.92 3.63

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 23: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

21.42 1.9221.331.201.111.9218.83 2001/02

23.95 2.4823.211.551.371.9220.18 2002/03

26.88 3.2526.032.262.192.4823.00 2003/04

25.32 2.8625.631.231.143.2520.82 2004/05

30.24 3.4029.571.521.382.8622.78 2005/06

30.17 4.0329.401.911.773.4023.42 2006/07

27.37 3.7227.451.461.234.0321.00 2007/08

33.28 3.9532.772.151.863.7223.65 2008/09

31.77 2.7132.951.551.483.9522.90 2009/10

33.07 2.4433.131.781.572.7122.93 2010/11

39.68 2.3539.481.921.642.4424.84 2011/12

35.97 2.6335.561.441.312.3523.77 2012/13

42.91 2.8042.341.951.552.6324.36 2013/14

40.26 2.5040.321.901.662.8023.37 2014/15

Meal, Sunflowerseed

8.33 0.338.212.111.910.41nr 2001/02

8.99 0.179.042.312.200.33nr 2002/03

10.23 0.219.992.852.650.17nr 2003/04

9.97 0.229.752.762.550.21nr 2004/05

11.51 0.3311.143.543.280.22nr 2005/06

11.52 0.2611.403.473.290.33nr 2006/07

10.74 0.2810.213.282.770.26nr 2007/08

12.78 0.6112.144.273.960.28nr 2008/09

12.94 0.6412.304.113.490.61nr 2009/10

12.99 0.6612.234.593.860.64nr 2010/11

15.66 1.1314.536.766.100.66nr 2011/12

14.01 0.3514.415.104.721.13nr 2012/13

16.86 0.9115.666.195.540.35nr 2013/14

16.11 0.7415.856.015.580.91nr 2014/15

Oil, Sunflowerseed

7.44 0.667.671.931.811.01nr 2001/02

8.12 0.737.732.311.990.66nr 2002/03

9.21 0.738.502.681.960.73nr 2003/04

9.16 0.958.532.582.170.73nr 2004/05

10.66 1.129.873.923.300.95nr 2005/06

10.75 0.9510.204.053.331.12nr 2006/07

10.18 1.029.353.522.750.95nr 2007/08

12.01 1.7310.834.544.081.02nr 2008/09

12.14 1.4711.654.503.751.73nr 2009/10

12.21 1.1111.754.533.711.47nr 2010/11

14.73 2.1112.966.475.691.11nr 2011/12

13.27 1.6413.215.484.962.11nr 2012/13

16.04 2.0314.577.776.681.64nr 2013/14

15.28 1.8514.886.906.322.03nr 2014/15

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 24: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

16.50 20.003.5817.9245.3625.353.51 2001/02 24.11 3.33

19.67 21.984.3820.4050.7627.763.33 2002/03 26.90 3.47

21.91 23.035.0922.6955.4930.113.47 2003/04 28.64 4.16

24.32 24.826.2725.9062.1133.634.16 2004/05 31.63 4.59

26.09 26.017.2228.0666.6435.964.59 2005/06 33.77 4.81

27.00 27.447.8328.5469.3937.584.81 2006/07 35.79 5.07

30.76 30.259.1232.6477.2441.425.07 2007/08 39.96 4.65

34.13 32.1810.0535.2283.2244.454.65 2008/09 42.86 5.15

35.41 33.9210.2436.5786.9546.395.15 2009/10 44.82 5.57

36.47 35.5511.4837.4591.1949.145.57 2010/11 47.63 6.10

39.03 36.9412.5140.0897.5852.446.10 2011/12 50.16 7.33

42.08 40.0314.2343.41105.9156.517.33 2012/13 54.98 7.53

41.63 40.8915.6643.57108.6559.497.53 2013/14 57.31 7.77

43.14 43.0217.1544.34112.4961.597.77 2014/15 61.04 7.12

Oil, Coconut

1.83 1.801.251.795.473.150.49 2001/02 3.19 0.49

1.89 1.801.251.735.513.130.49 2002/03 3.15 0.62

1.68 1.741.411.795.573.270.62 2003/04 3.27 0.51

1.91 1.801.402.085.853.430.51 2004/05 3.29 0.48

2.03 1.831.462.055.933.420.48 2005/06 3.42 0.45

1.87 1.761.461.745.523.200.45 2006/07 3.30 0.48

1.90 1.851.511.935.833.460.48 2007/08 3.38 0.53

1.66 1.721.551.485.613.430.53 2008/09 3.29 0.85

2.28 2.151.672.176.663.520.85 2009/10 3.84 0.64

1.78 1.971.691.716.133.710.64 2010/11 3.67 0.75

1.82 1.971.541.865.993.410.75 2011/12 3.53 0.59

1.87 2.041.701.916.123.660.59 2012/13 3.75 0.46

1.68 1.831.561.765.533.380.46 2013/14 3.40 0.37

1.70 1.801.611.735.423.350.37 2014/15 3.43 0.26

Meal, Fish

3.23 0.000.063.069.555.710.61 2001/02 5.55 0.94

2.85 0.000.052.858.524.730.94 2002/03 5.07 0.60

3.12 0.000.053.209.265.540.60 2003/04 5.28 0.77

3.60 0.000.063.659.905.520.77 2004/05 5.60 0.66

2.95 0.000.052.728.384.770.66 2005/06 5.02 0.63

2.69 0.000.052.598.284.960.63 2006/07 4.83 0.85

3.01 0.000.052.858.885.020.85 2007/08 5.31 0.72

3.11 0.000.052.958.744.910.72 2008/09 5.22 0.57

2.63 0.000.052.277.123.920.57 2009/10 4.67 0.19

2.66 0.000.052.497.865.020.19 2010/11 4.77 0.61

2.92 0.000.052.597.704.180.61 2011/12 4.92 0.20

2.35 0.000.052.136.924.370.20 2012/13 4.49 0.31

2.63 0.000.052.187.064.120.31 2013/14 4.67 0.21

2.49 0.000.052.196.994.300.21 2014/15 4.62 0.18

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 25: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Major Oilseeds

89,832 50,63129,96698,3056537,82037,323 2001/02 61,466 6,873

83,935 47,50529,43391,3585506,87336,284 2002/03 56,090 5,835

76,604 45,53925,15882,9425035,83536,041 2003/04 53,632 4,152

95,944 50,16730,708100,7776814,15236,808 2004/05 61,780 8,289

95,670 51,89726,611104,6236648,28936,587 2005/06 63,811 14,201

96,843 53,48331,647112,0771,03314,20136,962 2006/07 63,407 17,023

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

89,201 49,34335,69497,4051,2956,90935,265 2008/09 56,092 5,619

98,951 51,48241,691105,6361,0665,61935,511 2009/10 58,401 5,544

100,432 49,32341,937106,9219455,54437,179 2010/11 57,665 7,319

92,442 50,31637,783101,0671,3067,31935,131 2011/12 57,672 5,612

93,323 50,22736,873100,7051,7705,61236,677 2012/13 58,068 5,764

99,016 51,46645,789107,9493,1695,76435,439 2013/14 58,209 3,951

117,343 53,10449,745123,1271,8333,95139,318 2014/15 61,842 11,540

Major Protein Meals

38,890 50,6317,52440,3471,060397nr 2001/02 32,537 286

36,585 47,5055,92438,0651,194286nr 2002/03 31,895 246

35,200 45,5394,94537,2821,836246nr 2003/04 32,064 273

39,246 50,1676,95441,0481,529273nr 2004/05 33,879 215

39,910 51,8977,60841,7781,653215nr 2005/06 33,809 361

41,449 53,4838,26443,5091,699361nr 2006/07 34,860 385

40,873 53,4958,70643,2381,980385nr 2007/08 34,199 333

37,722 49,3437,94039,8641,809333nr 2008/09 31,678 246

40,069 51,48210,30841,6581,343246nr 2009/10 31,009 341

38,051 49,3238,48740,6322,240341nr 2010/11 31,767 378

39,504 50,3169,17042,9133,031378nr 2011/12 33,407 336

38,686 50,22710,48842,4143,392336nr 2012/13 31,613 313

39,402 51,46610,77743,4703,755313nr 2013/14 32,402 291

41,613 53,10411,90045,5913,687291nr 2014/15 33,355 336

Major Vegetable Oils

9,681 50,6311,54912,9471,6271,6390 2001/02 10,093 1,305

9,197 47,5051,23812,0451,5431,3050 2002/03 9,885 922

8,779 45,53974011,6121,9119220 2003/04 10,077 795

9,769 50,16783812,4051,8417950 2004/05 10,443 1,124

10,423 51,89789913,9262,3791,1240 2005/06 11,230 1,797

10,455 53,4831,33314,7792,5271,7970 2006/07 11,705 1,741

10,545 53,4951,67915,3943,1081,7410 2007/08 12,251 1,464

9,670 49,3431,45714,3643,2301,4640 2008/09 11,170 1,737

10,062 51,4821,94815,1373,3381,7370 2009/10 11,198 1,991

9,777 49,3231,86115,3803,6121,9910 2010/11 11,909 1,610

10,033 50,3161,14615,4743,8311,6100 2011/12 12,784 1,544

10,229 50,2271,38715,5753,8021,5440 2012/13 13,029 1,159

10,436 51,4661,11515,6154,0201,1590 2013/14 13,524 976

10,655 53,1041,08915,6013,9709760 2014/15 13,456 1,056

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 26: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

78,672 46,25928,94885,478636,74329,532 2001/02 50,867 5,663

75,010 43,94828,42380,8001275,66329,339 2002/03 47,524 4,853

66,783 41,63224,12871,7871514,85329,330 2003/04 44,600 3,059

85,019 46,16029,86088,2301523,05929,930 2004/05 51,410 6,960

83,507 47,32425,57990,559926,96028,834 2005/06 52,751 12,229

87,001 49,19830,38699,47624612,22930,190 2006/07 53,473 15,617

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

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

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

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

84,291 46,34837,15690,5824395,85229,856 2011/12 48,816 4,610

82,791 45,96735,84688,5041,1034,61030,815 2012/13 48,833 3,825

91,389 47,19244,81597,1651,9513,82530,859 2013/14 49,847 2,503

108,014 48,85248,716111,3348172,50333,614 2014/15 52,559 10,059

Meal, Soybean

36,552 46,2597,27137,034134348nr 2001/02 29,545 218

34,649 43,9485,72835,024157218nr 2002/03 29,096 200

32,953 41,6324,69033,412259200nr 2003/04 28,531 191

36,936 46,1606,65937,261134191nr 2004/05 30,446 156

37,416 47,3247,30137,700128156nr 2005/06 30,114 285

39,037 49,1987,98739,464142285nr 2006/07 31,166 311

38,359 49,0818,38438,798128311nr 2007/08 30,148 266

35,473 45,2307,70835,81980266nr 2008/09 27,898 213

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

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

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

36,174 45,96710,13936,668222272nr 2012/13 26,280 249

36,909 47,19210,47837,463305249nr 2013/14 26,758 227

39,100 48,85211,61239,554227227nr 2014/15 27,670 272

Oil, Soybean

8,572 46,2591,1439,848211,255nr 2001/02 7,635 1,070

8,360 43,9481,0279,451211,070nr 2002/03 7,748 676

7,748 41,6324258,563139676nr 2003/04 7,650 488

8,782 46,1606009,28212488nr 2004/05 7,911 771

9,248 47,32452310,03516771nr 2005/06 8,147 1,365

9,294 49,19885110,676171,365nr 2006/07 8,426 1,399

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

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

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

8,568 44,8511,46610,185721,545nr 2010/11 7,619 1,100

8,954 46,34866410,122681,100nr 2011/12 8,306 1,152

8,990 45,96798210,231891,152nr 2012/13 8,476 773

9,131 47,1928519,97975773nr 2013/14 8,599 529

9,328 48,8528629,94891529nr 2014/15 8,460 626

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

Meal and Oil are on an October/September MY.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 27: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

43,500 25,84216,07445,2571,10065716,350 2001/02 28,202 981

52,000 27,79619,98754,1051,12498118,448 2002/03 30,220 3,898

51,000 28,91419,25755,2623643,89821,520 2003/04 31,457 4,548

53,000 29,72822,79957,9003524,54822,917 2004/05 32,413 2,688

57,000 28,75624,77059,728402,68822,229 2005/06 31,506 3,452

59,000 31,51123,80562,5601083,45220,700 2006/07 34,261 4,494

61,000 31,89524,51565,577834,49421,300 2007/08 34,695 6,367

57,800 30,77928,04164,2911246,36721,700 2008/09 33,579 2,671

69,000 35,70029,18871,8211502,67123,500 2009/10 38,550 4,083

75,300 37,26433,78979,423404,08324,200 2010/11 40,164 5,470

66,500 36,23031,90572,2682985,47025,000 2011/12 39,130 1,233

82,000 36,38842,82683,4732401,23327,700 2012/13 39,338 1,309

86,700 36,89345,74788,5885791,30930,100 2013/14 39,893 2,948

94,500 37,80047,17097,7483002,94831,500 2014/15 40,950 9,628

Meal, Soybean (Local)

20,392 25,84212,78321,082388302nr 2001/02 7,596 703

21,773 27,79613,54222,813337703nr 2002/03 8,292 979

22,330 28,91414,59623,536227979nr 2003/04 8,099 841

23,040 29,72814,25624,125244841nr 2004/05 9,133 736

22,280 28,75612,28723,230214736nr 2005/06 10,080 863

24,420 31,51112,34625,429146863nr 2006/07 11,520 1,563

24,720 31,89512,70926,4261431,563nr 2007/08 12,000 1,717

23,850 30,77912,15325,653861,717nr 2008/09 12,200 1,300

27,670 35,70014,14729,055851,300nr 2009/10 13,143 1,765

28,880 37,26414,45230,696511,765nr 2010/11 14,000 2,244

28,080 36,23013,85430,339152,244nr 2011/12 14,200 2,285

28,200 36,38813,61930,515302,285nr 2012/13 14,196 2,700

28,560 36,57013,72131,287272,700nr 2013/14 14,500 3,066

29,300 37,80014,20032,391253,066nr 2014/15 14,800 3,391

Oil, Soybean (Local)

4,905 25,8422,1005,227140182nr 2001/02 2,936 191

5,349 27,7962,4055,58747191nr 2002/03 2,897 285

5,550 28,9142,5315,84914285nr 2003/04 2,970 348

5,705 29,7282,6976,0563348nr 2004/05 3,099 260

5,520 28,7562,3155,79818260nr 2005/06 3,211 272

6,050 31,5112,5216,38462272nr 2006/07 3,505 358

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

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

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

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

6,950 36,2301,6887,5432591nr 2011/12 5,415 440

6,980 36,3881,4107,4244440nr 2012/13 5,563 451

7,080 36,5701,3267,5310451nr 2013/14 5,920 285

7,260 37,8001,1707,5450285nr 2014/15 6,130 245

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

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 28: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

30,000 22,3976,22130,84929755211,400 2001/02 23,537 1,091

35,500 24,8158,80936,9683771,09112,600 2002/03 26,075 2,084

33,000 25,0726,79935,8037192,08414,000 2003/04 26,472 2,532

39,000 29,56010,68642,2417092,53214,400 2004/05 31,000 555

40,500 32,7487,13242,0681,01355515,200 2005/06 34,268 668

48,800 35,96312,13351,8042,33666816,300 2006/07 37,598 2,073

46,200 31,88311,80351,2202,9472,07316,371 2007/08 33,543 5,874

32,000 28,5553,48638,0311575,87416,000 2008/09 30,275 4,270

54,500 39,19613,70158,77004,27018,600 2009/10 41,076 3,993

49,000 37,52110,38953,006133,99318,300 2010/11 39,351 3,266

40,100 30,6816,09843,36823,26617,577 2011/12 32,631 4,639

49,300 35,0097,81753,94124,63919,400 2012/13 37,504 8,620

54,000 38,2207,51062,62228,62019,800 2013/14 41,220 13,892

57,000 39,8508,30070,894213,89219,800 2014/15 42,950 19,644

Meal, Soybean (Local)

17,762 22,39717,57218,6830921nr 2001/02 329 782

19,667 24,81519,16220,4490782nr 2002/03 375 912

19,741 25,07219,07820,6552912nr 2003/04 492 1,085

23,350 29,56022,70324,43611,085nr 2004/05 530 1,203

25,582 32,74824,72326,78501,203nr 2005/06 535 1,527

27,857 35,96328,10829,38621,527nr 2006/07 544 734

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

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

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

29,181 37,52127,48531,44502,264nr 2010/11 1,035 2,925

23,946 30,68121,97326,87102,925nr 2011/12 1,400 3,498

27,150 35,00923,93730,64803,498nr 2012/13 1,800 4,911

29,400 38,22027,46034,31104,911nr 2013/14 2,000 4,851

30,985 39,85029,78035,83604,851nr 2014/15 2,201 3,855

Oil, Soybean (Local)

4,165 22,3973,6394,3760211nr 2001/02 357 380

4,672 24,8154,2455,0520380nr 2002/03 389 418

4,724 25,0724,4465,1420418nr 2003/04 392 304

5,558 29,5605,0825,8620304nr 2004/05 395 385

6,169 32,7485,6676,5540385nr 2005/06 402 485

6,917 35,9636,5157,4020485nr 2006/07 675 212

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

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

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

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

5,840 30,6813,4336,26635391nr 2011/12 2,620 213

6,616 35,0094,2816,88859213nr 2012/13 2,375 232

7,150 38,2204,2607,40220232nr 2013/14 2,834 308

7,610 39,8504,6907,92810308nr 2014/15 2,950 288

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

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

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 29: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

4,604 Oilseed, Copra 4,249 4,547 4,198 4,273 4,174

11,127 Oilseed, Palm Kernel 11,881 12,816 13,671 14,339 14,189

1,343 Oilseed, Soybean 1,142 1,065 1,133 1,131 1,062

4,307 Other 4,004 3,813 4,003 4,051 3,955

21,381 Total 21,276 22,241 23,005 23,794 23,380

none

Domestic Consumption none

593 Meal, Fish 593 576 517 529 529

419 Meal, Rapeseed 495 479 523 484 578

12,894 Meal, Soybean 13,979 14,836 15,983 17,184 17,184

2,772 Other 2,194 2,500 2,582 2,729 2,899

16,678 Total 17,261 18,391 19,605 20,926 21,190

none

SME none

857 Meal, Fish 858 832 747 764 764

298 Meal, Rapeseed 352 341 373 344 411

12,894 Meal, Soybean 13,979 14,836 15,983 17,184 17,184

1,505 Other 1,261 1,373 1,423 1,487 1,551

15,554 Total 16,450 17,382 18,526 19,779 19,910

none

Imports none

137 Meal, Fish 146 140 155 150 150

419 Meal, Rapeseed 496 479 524 485 578

11,129 Meal, Soybean 11,415 12,485 13,743 14,596 14,596

442 Other 332 454 355 384 450

12,127 Total 12,389 13,558 14,777 15,615 15,774

none

Industrial Dom. Cons. none

4,777 Oil, Palm 5,308 6,073 7,323 8,852 8,852

0 Oil, Rapeseed 0 0 0 0 0

75 Oil, Soybean 45 34 36 39 39

0 Oil, Sunflowerseed 0 0 0 0 0

3,126 Other 3,345 3,606 3,978 4,188 4,181

7,978 Total 8,698 9,713 11,337 13,079 13,072

none

Food Use Dom. Cons. none

6,688 Oil, Palm 6,995 7,313 7,714 8,089 8,035

2 Oil, Rapeseed 4 5 6 4 6

490 Oil, Soybean 507 467 523 553 553

202 Oil, Sunflowerseed 140 110 160 160 160

1,244 Other 1,348 1,450 1,484 1,533 1,483

8,626 Total 8,994 9,345 9,887 10,339 10,237

none

Domestic Consumption none

11,769 Oil, Palm 12,647 13,756 15,417 17,411 17,367

2 Oil, Rapeseed 4 5 6 4 6

565 Oil, Soybean 552 501 559 592 592

202 Oil, Sunflowerseed 140 110 160 160 160

4,378 Other 4,701 5,064 5,472 5,729 5,674

16,916 Total 18,044 19,436 21,614 23,896 23,799

none

Imports none

3,345 Oil, Palm 3,831 2,857 2,287 2,315 2,460

2 Oil, Rapeseed 4 5 6 4 6

260 Oil, Soybean 240 226 299 310 310

0 Oil, Sunflowerseed 0 0 0 0 0

786 Other 817 606 585 578 565

4,393 Total 4,892 3,694 3,177 3,207 3,341

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

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

1,174 Oilseed, Cottonseed 1,602 1,330 1,106 1,219 1,223

0 Oilseed, Rapeseed 0 0 0 0 0

237 Oilseed, Soybean 222 246 318 327 332

1,092 Oilseed, Sunflowerseed 1,031 1,231 1,506 1,306 1,306

97 Other 90 120 140 120 120

2,600 Total 2,945 2,927 3,070 2,972 2,981

none

Domestic Consumption none

53 Meal, Fish 61 81 90 91 91

440 Meal, Rapeseed 450 400 407 534 520

5,886 Meal, Soybean 5,703 5,770 6,458 6,712 6,712

1,956 Other 2,369 2,157 2,399 2,382 2,397

8,335 Total 8,583 8,408 9,354 9,719 9,720

none

SME none

77 Meal, Fish 88 117 130 131 131

313 Meal, Rapeseed 320 285 289 380 370

5,886 Meal, Soybean 5,703 5,770 6,458 6,712 6,712

1,767 Other 2,144 1,952 2,189 2,175 2,188

8,042 Total 8,255 8,124 9,066 9,398 9,402

none

Imports none

48 Meal, Fish 62 73 85 86 86

41 Meal, Rapeseed 116 78 41 75 50

4,335 Meal, Soybean 4,957 4,829 5,295 5,477 5,477

838 Other 1,192 749 1,117 1,060 1,115

5,262 Total 6,327 5,729 6,538 6,698 6,728

none

Imports none

2,389 Oil, Palm 2,239 2,389 2,414 2,475 2,480

4 Oil, Rapeseed 2 2 6 2 3

945 Oil, Soybean 506 651 640 646 646

813 Oil, Sunflowerseed 1,331 1,154 1,812 1,505 1,700

55 Other 45 52 66 67 67

4,206 Total 4,123 4,248 4,938 4,695 4,896

none

Industrial Dom. Cons. none

154 Oil, Palm 150 160 180 180 190

35 Oil, Rapeseed 31 23 35 33 38

64 Oil, Soybean 61 62 78 94 94

26 Oil, Sunflowerseed 25 25 25 25 25

55 Other 45 52 56 59 59

334 Total 312 322 374 391 406

none

Food Use Dom. Cons. none

1,628 Oil, Palm 1,663 1,845 1,873 1,935 1,955

87 Oil, Rapeseed 48 53 65 107 125

901 Oil, Soybean 797 796 810 824 824

1,248 Oil, Sunflowerseed 1,510 1,616 1,825 2,036 1,972

492 Other 539 471 506 501 500

4,356 Total 4,557 4,781 5,079 5,403 5,376

none

Domestic Consumption none

1,782 Oil, Palm 1,813 2,005 2,053 2,115 2,145

122 Oil, Rapeseed 79 76 100 140 163

985 Oil, Soybean 873 873 911 943 943

1,294 Oil, Sunflowerseed 1,557 1,666 1,880 2,091 2,027

547 Other 584 523 562 560 559

4,730 Total 4,906 5,143 5,506 5,849 5,837

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

United Arab Emirates, West Banks, and Yemen.

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

20,782 Oilseed, Rapeseed 19,240 19,631 21,102 24,077 24,077

1,198 Oilseed, Soybean 1,220 948 1,229 1,715 1,715

6,959 Oilseed, Sunflowerseed 8,456 7,088 8,881 9,041 9,041

396 Other 531 484 479 490 517

29,335 Total 29,447 28,151 31,691 35,323 35,350

none

Domestic Consumption none

633 Meal, Fish 677 551 606 600 600

12,224 Meal, Rapeseed 12,375 13,122 13,750 14,250 14,200

30,952 Meal, Soybean 29,670 27,123 28,495 29,442 29,442

7,715 Other 9,961 9,589 9,628 9,765 9,482

51,524 Total 52,683 50,385 52,479 54,057 53,724

none

SME none

915 Meal, Fish 978 796 876 867 867

8,697 Meal, Rapeseed 8,805 9,336 9,783 10,139 10,103

30,952 Meal, Soybean 29,670 27,123 28,495 29,442 29,442

6,011 Other 7,775 7,481 7,741 7,794 7,703

46,575 Total 47,228 44,736 46,895 48,242 48,115

none

Imports none

355 Meal, Fish 466 330 380 380 380

230 Meal, Rapeseed 244 415 457 440 440

21,877 Meal, Soybean 20,872 16,941 18,175 19,300 19,300

4,579 Other 6,620 5,698 5,656 5,773 5,470

27,041 Total 28,202 23,384 24,668 25,893 25,590

none

Industrial Dom. Cons. none

2,090 Oil, Palm 2,310 2,905 2,900 3,055 2,750

6,922 Oil, Rapeseed 6,750 6,650 7,450 7,675 7,675

1,350 Oil, Soybean 1,031 841 910 1,000 1,000

227 Oil, Sunflowerseed 233 220 250 250 260

492 Other 482 470 450 435 410

11,081 Total 10,806 11,086 11,960 12,415 12,095

none

Food Use Dom. Cons. none

2,797 Oil, Palm 2,950 3,380 3,550 3,500 3,600

2,584 Oil, Rapeseed 2,600 2,568 2,210 2,450 2,450

1,090 Oil, Soybean 1,010 1,000 1,000 1,000 1,000

3,311 Oil, Sunflowerseed 3,215 3,150 3,350 3,370 3,380

2,928 Other 2,919 2,609 2,614 2,386 2,392

12,710 Total 12,694 12,707 12,724 12,706 12,822

none

Domestic Consumption none

5,110 Oil, Palm 5,523 6,560 6,750 6,840 6,650

9,516 Oil, Rapeseed 9,361 9,231 9,675 10,147 10,147

2,530 Oil, Soybean 2,109 1,908 1,980 2,070 2,070

3,541 Oil, Sunflowerseed 3,451 3,373 3,603 3,623 3,643

3,445 Other 3,427 3,107 3,084 2,844 2,817

24,142 Total 23,871 24,179 25,092 25,524 25,327

none

Imports none

4,944 Oil, Palm 5,707 6,798 6,791 7,000 6,800

491 Oil, Rapeseed 607 210 296 270 270

906 Oil, Soybean 386 300 325 300 300

817 Oil, Sunflowerseed 992 942 1,039 850 850

1,375 Other 1,428 1,657 1,289 1,394 1,356

8,533 Total 9,120 9,907 9,740 9,814 9,576

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

Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania,

Slovakia, Slovenia, Spain, Sweden, and United Kingdom.

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

15,644 Oilseed, Peanut 16,046 16,692 16,972 16,500 16,500

13,082 Oilseed, Rapeseed 13,426 14,007 14,458 14,700 14,700

15,080 Oilseed, Soybean 14,485 13,050 12,200 12,350 12,350

2,298 Oilseed, Sunflowerseed 2,313 2,323 2,450 2,500 2,500

11,953 Other 13,325 13,720 12,835 11,757 11,757

58,057 Total 59,595 59,792 58,915 57,807 57,807

none

Domestic Consumption none

1,553 Meal, Fish 1,624 1,368 1,447 1,340 1,340

10,317 Meal, Rapeseed 10,737 10,695 11,891 11,339 11,433

43,382 Meal, Soybean 47,435 50,091 52,534 57,354 57,135

7,751 Other 8,093 8,734 8,670 8,319 8,321

63,003 Total 67,889 70,888 74,542 78,352 78,229

none

SME none

2,244 Meal, Fish 2,347 1,977 2,091 1,936 1,936

7,341 Meal, Rapeseed 7,639 7,609 8,460 8,068 8,135

43,382 Meal, Soybean 47,435 50,091 52,534 57,354 57,135

7,306 Other 7,640 8,250 8,231 7,930 7,932

60,273 Total 65,061 67,927 71,316 75,288 75,138

none

Imports none

1,212 Meal, Fish 1,249 981 1,041 900 900

1,413 Meal, Rapeseed 666 106 314 100 100

294 Meal, Soybean 113 16 20 50 50

60 Other 4 9 58 30 30

2,979 Total 2,032 1,112 1,433 1,080 1,080

none

Food Use Dom. Cons. none

3,717 Oil, Palm 3,691 4,189 3,599 3,760 3,650

2,432 Oil, Peanut 2,585 2,745 2,789 2,780 2,810

5,965 Oil, Rapeseed 6,255 6,316 7,025 7,390 7,344

11,409 Oil, Soybean 12,044 12,545 13,657 14,259 14,261

362 Oil, Sunflowerseed 469 838 1,021 955 855

1,605 Other 1,668 1,715 1,622 1,536 1,536

25,490 Total 26,712 28,348 29,713 30,680 30,456

none

Domestic Consumption none

5,797 Oil, Palm 5,841 6,389 5,749 6,010 5,750

2,432 Oil, Peanut 2,585 2,745 2,789 2,780 2,810

5,965 Oil, Rapeseed 6,255 6,316 7,025 7,390 7,344

11,409 Oil, Soybean 12,044 12,545 13,657 14,259 14,261

362 Oil, Sunflowerseed 469 838 1,021 955 855

2,026 Other 2,144 2,335 2,117 2,111 2,111

27,991 Total 29,338 31,168 32,358 33,505 33,131

none

Imports none

5,711 Oil, Palm 5,841 6,589 5,573 6,100 5,700

68 Oil, Peanut 62 65 74 70 100

647 Oil, Rapeseed 1,036 1,598 902 1,000 900

1,319 Oil, Soybean 1,502 1,409 1,353 1,000 1,000

23 Oil, Sunflowerseed 122 362 531 500 400

618 Other 669 770 635 725 725

8,386 Total 9,232 10,793 9,068 9,395 8,825

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Mar

2014/15

Apr

2014/15

none

Production none

11,548 Oilseed, Cottonseed 12,312 12,100 12,950 12,900 12,700

5,850 Oilseed, Peanut 5,500 5,000 5,650 4,800 4,800

7,100 Oilseed, Rapeseed 6,200 6,800 7,300 6,850 7,100

10,100 Oilseed, Soybean 11,700 12,200 9,500 10,500 9,800

655 Oilseed, Sunflowerseed 620 700 670 500 500

698 Other 700 690 690 690 690

35,951 Total 37,032 37,490 36,760 36,240 35,590

none

Domestic Consumption none

3,694 Meal, Cottonseed 3,927 3,957 4,221 4,365 4,365

1,459 Meal, Peanut 1,362 1,393 1,437 1,360 1,360

2,485 Meal, Rapeseed 2,368 2,630 2,403 2,660 2,660

2,870 Meal, Soybean 3,280 3,490 4,050 4,290 4,360

256 Meal, Sunflowerseed 293 384 315 255 255

283 Other 291 274 287 280 280

11,047 Total 11,521 12,128 12,713 13,210 13,280

none

SME none

2,993 Meal, Cottonseed 3,182 3,206 3,420 3,537 3,537

1,640 Meal, Peanut 1,531 1,566 1,615 1,529 1,529

1,768 Meal, Rapeseed 1,685 1,871 1,710 1,893 1,893

2,870 Meal, Soybean 3,280 3,490 4,050 4,290 4,360

242 Meal, Sunflowerseed 277 363 297 241 241

126 Other 131 123 129 125 125

9,639 Total 10,085 10,619 11,220 11,615 11,685

none

Food Use Dom. Cons. none

1,080 Oil, Cottonseed 1,185 1,195 1,250 1,300 1,300

6,820 Oil, Palm 7,125 7,900 7,850 8,600 8,600

1,241 Oil, Peanut 1,159 1,177 1,205 1,135 1,125

2,203 Oil, Rapeseed 2,273 2,340 2,535 2,650 2,650

2,610 Oil, Soybean 2,750 2,950 3,300 3,400 3,400

991 Oil, Sunflowerseed 1,280 1,180 1,680 1,775 1,775

315 Other 310 330 325 325 325

15,260 Total 16,082 17,072 18,145 19,185 19,175

none

Domestic Consumption none

1,121 Oil, Cottonseed 1,227 1,238 1,295 1,345 1,345

7,080 Oil, Palm 7,425 8,225 8,200 9,000 9,000

1,256 Oil, Peanut 1,169 1,187 1,215 1,145 1,135

2,243 Oil, Rapeseed 2,323 2,400 2,605 2,730 2,730

2,610 Oil, Soybean 2,750 2,950 3,300 3,400 3,400

991 Oil, Sunflowerseed 1,280 1,180 1,680 1,775 1,775

614 Other 585 663 647 645 645

15,915 Total 16,759 17,843 18,942 20,040 20,030

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

6,661 Oil, Palm 7,473 8,364 7,820 8,900 8,900

0 Oil, Peanut 0 0 0 0 0

5 Oil, Rapeseed 98 8 160 250 250

945 Oil, Soybean 1,174 1,086 1,830 2,000 2,000

776 Oil, Sunflowerseed 1,114 939 1,528 1,550 1,550

195 Other 148 309 202 223 223

8,582 Total 10,007 10,706 11,540 12,923 12,923

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 29: Oilseed Prices U.S. Dollars per Metric Ton

Year Soybean Peanut Sunseed Rapeseed CopraBeg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb RottOct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average03/04-12/13 357 367 388 386 430 492 1364 431 472 454 633

2003/04 291 294 277 285 323 425 976 282 321 317 4242004/05 217 214 232 228 277 402 915 316 313 262 4312005/06 205 202 228 227 261 383 857 261 291 292 3872006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14 Oct 459 467 550 530 544 573 1,370 507 468 513 663 Nov 467 472 N/A 539 553 586 1,370 459 478 509 865 Dec 478 487 502 550 568 542 1,370 414 495 512 846 Jan 474 476 492 525 566 560 1,360 448 477 496 848 Feb 485 493 502 545 590 536 1,320 505 492 525 915 Mar 503 519 518 537 N/A 551 1,300 474 524 598 926 Apr 525 547 531 530 N/A 534 1,243 492 515 573 905 May 529 549 535 531 N/A 522 1,205 531 466 535 930 Jun 525 531 527 513 N/A 441 1,228 500 449 518 934 Jul 481 472 510 483 N/A 478 1,260 487 425 437 861 Aug 456 455 506 479 N/A 487 1,260 494 401 427 770 Sep 401 381 484 438 432 474 1,308 445 403 411 785 Average 482 487 514 517 542 524 1,300 480 466 505 854

2014/15 Oct 366 343 403 424 425 463 1,342 503 419 412 769 Nov 375 373 417 457 449 472 1,370 437 443 418 795 Dec 378 377 414 459 443 463 1,360 432 464 428 813 Jan 378 365 397 447 423 496 1,350 425 438 415 764 Feb 364 361 385 442 407 492 1,350 454 438 405 794 *Mar N/A 356 377 402 403 N/A 1,300 N/A 433 399 721 Apr May Jun Jul Aug Sep Average 372 363 399 439 425 477 1,345 450 439 413 776

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.11/ Phil/Indo CIF NW Europe; Oil World* Preliminary Oct/Nov Shipment 4/8/2015 2:14:11 PM

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

Page 35: April 2015 after Slow Start Brazil’s Soybean Exports ... · 2015/16 as compared to the previous year. The season-average farm price for soybeans is lowered. SOYBEAN PRICES U.S

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

Year Soybean Cottonseed Sunseed Fish RapeseedBeg U.S. Brz Arg Hamb U.S. U.S. Rott Hamb HambOct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/

Oct - Sep Average03/04-12/13 331 307 292 367 244 172 210 1236 226

2003/04 282 211 188 273 202 122 149 649 1782004/05 202 172 157 231 137 94 120 665 1312005/06 192 176 158 215 159 85 122 1060 1292006/07 226 199 181 276 166 116 178 1220 1842007/08 370 337 299 469 280 191 298 1146 2982008/09 365 333 290 401 281 168 178 1,103 1952009/10 343 327 311 391 244 167 222 1,668 2212010/11 381 383 386 418 302 242 254 1,607 2782011/12 434 442 442 461 303 272 263 1,448 2952012/13 516 489 506 538 366 266 318 1,791 353

2013/14 Oct 489 563 534 555 391 260 313 1,644 317 Nov 497 542 520 541 380 272 322 1,600 316 Dec 549 513 543 548 443 306 324 1,553 336 Jan 529 476 517 539 414 313 298 1,531 335 Feb 561 494 543 571 429 314 313 1,564 358 Mar 546 511 532 582 442 299 337 1,653 395 Apr 567 516 519 563 447 295 350 1,658 375 May 573 522 533 547 460 292 343 1,651 337 Jun 553 500 527 531 455 276 321 1,765 299 Jul 497 463 454 477 396 212 298 1,806 272 Aug 540 461 470 485 342 167 282 1,773 266 Sep 580 442 411 456 398 154 281 1,723 265 Average 540 500 509 533 416 263 315 1,660 323

2014/15 Oct 421 411 414 440 382 179 263 1,770 257 Nov 487 434 445 460 345 229 289 1,836 263 Dec 476 436 439 453 367 270 290 1,852 278 Jan 419 402 419 431 346 273 284 1,790 279 Feb 408 378 403 412 333 249 268 1,715 271 *Mar 394 365 369 392 342 223 258 1,630 262 Apr May Jun Jul Aug Sep Average 434 404 415 431 353 237 275 1,766 268

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Brazil Paranagua, FOB; 48% Protein; IGC.3/ Argentina Pellets, Up River, FOB; IGC; 4/ Hamburg FOB 44/45% Ex-Mill; Oil World.5/ Memphis FOB; 41% Protein Solvent Extraction; USDA; 6/ Minneapolis FOB; 32% Protein; USDA.7/ HiPro a.o. cif France (Beg Sep 2013); Ukraine DAF (Beg. Aug 2012); Rotterdam CIF; Argentina Pellet 37-38% (Prior to Aug 2012); Oil World. 8/ Bremen 64-65% Protein; Oil World.9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.* Preliminary 4/8/2015 2:14:11 PM

Foreign Agricultural Service/USDA April 2015Office of Global Analysis

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Table 31: Vegetable Oil Prices U.S. Dollars per Metric Ton

Year Soybean Cottonseed Sunseed Peanut Palm Canola Coconut CornBegin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average03/04-12/13 837 834 830 925 951 1,334 1,013 1,583 1,525 740 991 950 921

2003/04 661 567 542 633 688 738 663 1,317 1,178 481 670 630 6252004/05 507 466 471 545 609 962 703 1,171 1,102 392 660 636 6142005/06 516 474 467 573 649 896 635 981 931 416 770 583 5552006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 7012007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14 Oct 878 915 908 987 908 1,334 988 1,786 1,575 795 1,011 985 834 Nov 873 924 932 996 927 1,265 998 1,735 1,543 835 1,025 1,270 855 Dec 830 884 895 989 952 1,257 982 1,662 1,493 813 1,012 1,269 845 Jan 771 841 848 943 1,038 1,257 920 1,448 1,410 796 952 1,270 855 Feb 818 878 879 985 1,274 1,257 945 1,368 1,303 846 976 1,365 905 Mar 900 922 904 1,002 1,542 1,279 964 1,302 1,221 890 1,019 1,394 952 Apr 923 909 880 999 1,653 1,301 941 1,273 1,174 858 1,018 1,356 925 May 897 880 861 966 1,857 1,301 943 1,261 1,200 828 958 1,411 904 Jun 878 880 879 936 1,837 1,268 928 1,284 1,310 793 922 1,402 882 Jul 829 861 858 888 1,613 1,345 887 1,293 1,325 782 875 1,260 860 Aug 772 804 825 857 1,350 1,389 828 1,385 1,350 701 853 1,172 838 Sep 749 751 772 851 1,094 1,389 823 1,361 1,360 694 828 1,181 775 Average 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15 Oct 752 764 770 836 914 1,389 874 1,322 1,365 693 836 1,150 761 Nov 737 765 772 830 898 1,361 892 1,337 1,368 693 836 1,194 749 Dec 718 772 772 820 889 1,279 877 1,326 1,370 656 814 1,217 743 Jan 713 773 784 799 991 1,389 837 1,238 1,391 652 773 1,155 769 Feb 696 725 723 773 1,076 1,447 802 1,225 1,366 662 751 1,187 797 *Mar 681 676 663 748 1,015 1,445 801 1,206 1,356 629 749 1,091 832 Apr May Jun Jul Aug Sep Average 716 746 747 801 964 1,385 847 1,276 1,369 664 793 1,166 7751/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA. 6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA. 9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOBEx-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS * Preliminary 4/8/2015 2:14:11 PM

Foreign Agricultural Service/USDA April 2015Office of Global Analysis