36
For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA February 2017 0 100 200 300 400 500 600 01/2016 02/2016 03/2016 04/2016 05/2016 06/2016 07/2016 08/2016 09/2016 10/2016 11/2016 12/2016 Thousand Metric Tons Trend In China Rapeseed Meal Imports 12-Month Moving Totals 3.5 3.7 3.9 4.1 4.3 4.5 4.7 01/2016 02/2016 03/2016 04/2016 05/2016 06/2016 07/2016 08/2016 09/2016 10/2016 11/2016 12/2016 Million Metric Tons Trend in China Rapeseed Imports 12-Month Moving Totals China’s Rapeseed Meal Imports Rise as Seed Imports Decline Changing dynamics in China’s rapeseed market have resulted in a slowing of rapeseed imports and a hastening of rapeseed meal purchases in CY2016. In the first quarter of MY2016/17 alone, China rapeseed meal imports have reached 150,000 tons, mostly from Canada, compared to 5,000 tons in Q1 of MY2015/16. In comparison, rapeseed imports in the first quarter of MY 2016/17 came in around 600,000 tons, which is a 40 percent decrease from the same time period in MY2015/16. Uncertainty over possible import restrictions, higher prices relative to competing oilseeds, and the availability of domestic stocks have contributed toward China’s slowdown of rapeseed imports. Additionally, the ongoing auction of rapeseed oil state reserves, which has reached 1.3 million tons since October 2016, has also dampened the demand for imported rapeseed. Also, growing demand from the livestock sector, combined with a lower rapeseed production and crush, has constrained local supplies of rapeseed meal. This has heightened the demand for imported meal, with imports soaring over 300 percent to more than half a million tons over the past 12 months. On an October/September marketing year basis, rapeseed imports remain depressed at a 5-year low, with October 2016 - January 2017 arrivals estimated at 850,000 tons. This trend toward lower rapeseed imports and higher purchases of rapeseed meal is expected to continue through MY2016/17 (Oct-Sep), supporting USDA’s forecast of China rapeseed imports at 3.6 million tons. In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons, slightly outpacing the first quarter of MY2015/16 (Oct-Sep basis). Soybean crush between October 2016 and December 2016 also rose to 22.4 million tons, a 5 percent increase over the same time last year, satisfying strong demand for protein feed and offsetting reductions in DDGS imports and lower rapeseed meal production.

February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

February 2017

0

100

200

300

400

500

600

01/2

016

02/2

016

03/2

016

04/2

016

05/2

016

06/2

016

07/2

016

08/2

016

09/2

016

10/2

016

11/2

016

12/2

016

Thou

sand

Met

ric T

ons

Trend In China Rapeseed Meal Imports 12-Month Moving Totals

3.5

3.7

3.9

4.1

4.3

4.5

4.7

01/2

016

02/2

016

03/2

016

04/2

016

05/2

016

06/2

016

07/2

016

08/2

016

09/2

016

10/2

016

11/2

016

12/2

016

Mill

ion

Met

ric T

ons

Trend in China Rapeseed Imports 12-Month Moving Totals

China’s Rapeseed Meal Imports Rise as Seed Imports Decline

Changing dynamics in China’s rapeseed market have resulted in a slowing of rapeseed imports and a hastening of rapeseed meal purchases in CY2016. In the first quarter of MY2016/17 alone, China rapeseed meal imports have reached 150,000 tons, mostly from Canada, compared to 5,000 tons in Q1 of MY2015/16. In comparison, rapeseed imports in the first quarter of MY 2016/17 came in around 600,000 tons, which is a 40 percent decrease from the same time period in MY2015/16. Uncertainty over possible import restrictions, higher prices relative to competing oilseeds, and the availability of domestic stocks have contributed toward China’s slowdown of rapeseed imports. Additionally, the ongoing auction of rapeseed oil state reserves, which has reached 1.3 million tons since October 2016, has also dampened the demand for imported rapeseed. Also, growing demand from the livestock sector, combined with a lower rapeseed production and crush, has constrained local supplies of rapeseed meal. This has heightened the demand for imported meal, with imports soaring over 300 percent to more than half a million tons over the past 12 months. On an October/September marketing year basis, rapeseed imports remain depressed at a 5-year low, with October 2016 - January 2017 arrivals estimated at 850,000 tons. This trend toward lower rapeseed imports and higher purchases of rapeseed meal is expected to continue through MY2016/17 (Oct-Sep), supporting USDA’s forecast of China rapeseed imports at 3.6 million tons. In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons, slightly outpacing the first quarter of MY2015/16 (Oct-Sep basis). Soybean crush between October 2016 and December 2016 also rose to 22.4 million tons, a 5 percent increase over the same time last year, satisfying strong demand for protein feed and offsetting reductions in DDGS imports and lower rapeseed meal production.

Page 2: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

OVERVIEW Global oilseed production is forecast slightly lower this month. Soybean production is lower with reductions for Argentina and Bolivia more than offsetting a larger forecast for Ukraine. Sunflowerseed production is up on higher forecasts for Ukraine, EU, and Kazakhstan. Global soybean imports are projected lower this month on weaker demand from Turkey, while exports are up slightly on a larger forecast for Ukraine. Global soybean stocks are down this month, led by Argentina. The U.S. season-average farm price is unchanged at $9.50 per bushel. SOYBEAN PRICES U.S. export bids in January, FOB Gulf, averaged $400/ton, up $5 from last month. For the week ending February 2, U.S. 2016/17 soybean export commitments (outstanding sales plus accumulated exports) to China totaled 33.5 million tons compared to 25.8 million a year ago. Total commitments to the world are 51.0 million tons, compared to 41.5 million for the same period last year.

2016/17 TRADE OUTLOOK CHANGES • United States rapeseed oil imports are up 158,000 tons to 2.0 million, on a stronger trade pace. • Argentina

o Soybean meal exports are raised 100,000 tons to 32.4 million on greater exportable supplies.

o Sunflowerseed exports are up 100,000 tons to 218,000 on strong trade pace and growing demand in the EU.

• Bolivia soybean meal exports are cut 130,000 tons to 1.4 million following lower soybean production forecasts for both 2016 and 2017.

• Burma palm oil imports are down 100,000 tons to 800,000, in line with past trade trends. • Canada rapeseed exports are raised 300,000 tons to 9.8 million on the strong pace of trade to

date. • European Union

o Rapeseed imports are up 200,000 tons to 3.7 million reflecting the pace of trade and strong crush demand.

o Rapeseed meal imports are revised downward 100,000 tons to 300,000, and rapeseed oil imports are cut 100,000 tons to 200,000 reflecting growing domestic output.

o Sunflowerseed imports are raised 100,000 tons to 500,000 on a stronger pace of trade during first 4 months of the marketing year.

• Philippines soybean meal imports are cut 100,000 tons to 2.7 million in line with past trade trends.

• Russia soybean meal imports are down 100,000 tons to 450,000 on a slower pace of trade during the first quarter of the marketing year.

300

350

400

450

500

Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17

FOB

($/M

T)

Soybean Export Prices

U.S. Gulf Brazil Paranagua Argentina Up River

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 3: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

• Turkey soybean imports are lowered 100,000 tons to 2.1 million while soybean meal imports are raised 100,000 tons to 700,000 on trade trends.

• Ukraine o Sunflowerseed meal and oil exports are both raised 100,000 tons to 4.8 million and 5.1

million, respectively, on a larger crush following an improved sunflowerseed production forecast.

o Soybean exports are up 250,000 tons to 2.6 million on a higher crop. 2015/16 TRADE CHANGES (select countries – based on trade data) • Bolivia soybean meal exports are reduced 250,000 tons to 1.7 million. • Burma palm oil imports are down 111,000 tons to 739,000. • Pakistan palm oil imports are cut 100,000 tons to 2.7 million. • Paraguay soybean exports are up 100,000 tons to 5.4 million, and soybean meal exports are

down 100,000 tons to 2.6 million. • Philippines soybean meal imports are reduced by 161,000 tons to 2.5 million • Vietnam soybean meal imports are raised 295,000 to 5.0 million. Questions may be directed to: Bill George (202) 720-6234 [email protected] Agata Kingsbury (202) 260-8910 [email protected] Justin Choe (202) 690-4062 [email protected] Phil Hayes (202) 720-7458 [email protected] To download the tables in the publication, go to the Production, Supply and Distribution Database (PSD Online): (https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads), select PSD Reports, and then on the left click 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 February 2017Office of Global Analysis

Page 4: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads 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):

https://apps.fas.usda.gov/psdonline/app/index.html#/app/home Global Agricultural Trade System (U.S. Exports and Imports):

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

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

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

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

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

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

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 5: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

List of Tables SUMMARY TABLES Table 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 TABLES Table 07 Soybeans: World Supply and Distribution Table 08 Soybean Meal: World Supply and Distribution Table 09 Soybean Oil: World Supply and Distribution Table 10 Soybeans and Products: World Trade Table 11 Palm Oil: World Supply and Distribution Table 12 Rapeseed and Products: World Supply and Distribution Table 13 Sunflowerseed and Products: World Supply and Distribution Table 14 Minor Vegetable Oils: World Supply and Distribution HISTORICAL TABLES Table 15 World Oilseeds and Products Supply and Distribution Table 16 World Soybeans and Products Supply and Distribution Table 17 World Rapeseed and Products Supply and Distribution Table 18 World Sunflowerseed and Products Supply and Distribution Table 19 World Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution COUNTRY TABLES Table 20 United States Oilseeds and Products Supply and Distribution Local Marketing Years Table 21 United States Soybeans and Products Supply and Distribution Local Marketing Years Table 22 Brazil Soybeans and Products Supply and Distribution Local Marketing Years Table 23 Argentina Soybeans and Products Supply and Distribution Local Marketing Years Table 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 PRICES Table 29 Oilseed Prices Table 30 Protein Meal Prices Table 31 Vegetable Oil Prices

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 6: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

5.72 Oilseed, Copra 5.42 5.43 5.31 5.51 5.51

46.35 Oilseed, Cottonseed 45.02 44.39 36.84 39.81 39.87

15.09 Oilseed, Palm Kernel 15.97 16.57 15.85 17.22 17.22

39.82 Oilseed, Peanut 41.37 39.83 40.32 42.22 42.24

64.06 Oilseed, Rapeseed 71.67 71.44 70.24 67.85 67.91

268.47 Oilseed, Soybean 282.51 319.78 312.97 337.85 336.62

34.99 Oilseed, Sunflowerseed 41.61 39.43 40.42 44.34 44.82

474.50 Total 503.55 536.86 521.95 554.80 554.19

none

Imports none

0.04 Oilseed, Copra 0.09 0.10 0.11 0.09 0.09

0.92 Oilseed, Cottonseed 0.78 0.68 0.67 0.77 0.76

0.06 Oilseed, Palm Kernel 0.06 0.07 0.05 0.04 0.04

2.35 Oilseed, Peanut 2.36 2.54 3.21 3.28 3.28

12.83 Oilseed, Rapeseed 15.55 14.32 14.24 13.97 14.23

97.19 Oilseed, Soybean 113.07 124.36 133.49 137.53 137.43

1.36 Oilseed, Sunflowerseed 1.58 1.57 1.83 1.41 1.59

114.76 Total 133.49 143.63 153.60 157.07 157.41

none

Exports none

0.07 Oilseed, Copra 0.11 0.11 0.10 0.10 0.10

0.96 Oilseed, Cottonseed 0.94 0.72 0.73 0.90 0.90

0.04 Oilseed, Palm Kernel 0.04 0.03 0.04 0.04 0.04

2.66 Oilseed, Peanut 2.90 3.32 3.75 3.82 3.82

12.56 Oilseed, Rapeseed 15.10 15.07 14.68 13.87 14.25

100.80 Oilseed, Soybean 112.68 126.22 132.28 139.90 140.11

1.45 Oilseed, Sunflowerseed 1.96 1.66 2.01 1.63 1.76

118.55 Total 133.72 147.13 153.58 160.26 160.98

none

Crush none

5.80 Oilseed, Copra 5.40 5.39 5.30 5.45 5.45

34.44 Oilseed, Cottonseed 34.22 33.85 29.54 30.27 30.16

14.96 Oilseed, Palm Kernel 15.89 16.52 15.81 17.04 17.04

16.59 Oilseed, Peanut 17.60 16.67 16.67 17.93 17.94

62.87 Oilseed, Rapeseed 66.86 67.60 67.66 66.29 66.49

231.38 Oilseed, Soybean 242.80 264.49 276.31 290.34 290.74

30.97 Oilseed, Sunflowerseed 37.17 35.80 36.94 40.23 40.71

397.01 Total 419.93 440.32 448.23 467.54 468.52

none

Ending Stocks none

0.16 Oilseed, Copra 0.12 0.10 0.09 0.09 0.09

1.84 Oilseed, Cottonseed 1.76 1.65 0.88 1.25 1.33

0.30 Oilseed, Palm Kernel 0.29 0.26 0.20 0.27 0.27

2.79 Oilseed, Peanut 3.28 2.83 2.24 2.31 2.29

4.75 Oilseed, Rapeseed 7.38 7.46 6.72 5.29 5.02

55.31 Oilseed, Soybean 61.86 78.05 77.19 82.32 80.38

2.77 Oilseed, Sunflowerseed 3.00 2.79 2.19 2.18 2.28

67.91 Total 77.69 93.14 89.51 93.71 91.67

Totals may not add due to rounding

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 7: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

1.92 Meal, Copra 1.80 1.80 1.76 1.82 1.81

15.69 Meal, Cottonseed 15.64 15.46 13.55 13.86 13.79

4.44 Meal, Fish 4.01 4.27 4.21 4.23 4.23

7.95 Meal, Palm Kernel 8.44 8.66 8.45 9.05 9.05

6.55 Meal, Peanut 6.99 6.59 6.58 7.13 7.13

36.51 Meal, Rapeseed 38.74 39.09 39.23 38.33 38.47

181.83 Meal, Soybean 190.30 208.33 216.75 227.80 227.86

14.12 Meal, Sunflowerseed 16.89 16.15 16.54 17.99 18.20

269.01 Total 282.80 300.35 307.07 320.19 320.54

none

Imports none

1.00 Meal, Copra 0.70 0.67 0.55 0.59 0.59

0.43 Meal, Cottonseed 0.36 0.28 0.23 0.23 0.23

2.46 Meal, Fish 2.74 2.49 2.42 2.43 2.43

6.12 Meal, Palm Kernel 6.32 6.43 6.45 6.62 6.58

0.04 Meal, Peanut 0.10 0.02 0.03 0.02 0.06

5.58 Meal, Rapeseed 6.46 6.00 5.76 5.86 5.72

53.83 Meal, Soybean 57.93 60.87 61.78 64.77 64.67

4.93 Meal, Sunflowerseed 5.76 5.52 5.96 6.66 6.67

74.39 Total 80.36 82.29 83.17 87.19 86.96

none

Exports none

1.09 Meal, Copra 0.72 0.73 0.61 0.71 0.71

0.53 Meal, Cottonseed 0.38 0.32 0.30 0.28 0.27

2.24 Meal, Fish 2.34 2.17 2.04 2.14 2.14

6.11 Meal, Palm Kernel 6.38 6.46 6.49 6.85 6.85

0.07 Meal, Peanut 0.11 0.04 0.04 0.05 0.08

5.70 Meal, Rapeseed 6.35 6.07 5.63 5.93 5.86

58.52 Meal, Soybean 60.72 64.46 65.65 68.32 68.29

5.12 Meal, Sunflowerseed 6.24 5.89 6.17 7.28 7.43

79.38 Total 83.24 86.14 86.92 91.54 91.63

none

Domestic Consumption none

1.94 Meal, Copra 1.78 1.71 1.68 1.70 1.70

15.58 Meal, Cottonseed 15.62 15.42 13.60 13.80 13.73

4.49 Meal, Fish 4.65 4.66 4.50 4.55 4.55

7.94 Meal, Palm Kernel 8.13 8.62 8.63 8.86 8.82

6.51 Meal, Peanut 6.96 6.57 6.55 7.10 7.13

36.45 Meal, Rapeseed 38.94 39.24 39.23 38.12 38.19

177.68 Meal, Soybean 186.89 202.11 214.48 225.16 225.01

14.62 Meal, Sunflowerseed 15.88 15.79 16.24 17.59 17.60

265.21 Total 278.85 294.12 304.91 316.87 316.73

none

Ending Stocks none

0.11 Meal, Copra 0.11 0.14 0.16 0.15 0.15

0.22 Meal, Cottonseed 0.21 0.22 0.10 0.11 0.11

0.49 Meal, Fish 0.25 0.19 0.29 0.26 0.26

0.38 Meal, Palm Kernel 0.62 0.63 0.41 0.37 0.37

0.02 Meal, Peanut 0.03 0.03 0.04 0.03 0.03

0.98 Meal, Rapeseed 0.88 0.67 0.79 0.90 0.93

9.88 Meal, Soybean 10.50 13.12 11.52 10.41 10.77

0.68 Meal, Sunflowerseed 1.21 1.20 1.30 1.08 1.13

12.75 Total 13.82 16.19 14.60 13.30 13.74

Totals may not add due to rounding

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 8: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

3.62 Oil, Coconut 3.38 3.37 3.31 3.40 3.40

5.22 Oil, Cottonseed 5.16 5.13 4.47 4.58 4.56

2.50 Oil, Olive 3.19 2.40 3.07 2.82 2.82

56.38 Oil, Palm 59.27 61.63 58.84 64.50 64.50

6.72 Oil, Palm Kernel 7.13 7.34 7.14 7.64 7.64

5.34 Oil, Peanut 5.67 5.37 5.37 5.77 5.78

25.70 Oil, Rapeseed 27.27 27.62 27.71 27.14 27.25

43.28 Oil, Soybean 45.24 49.31 51.81 54.20 54.29

12.91 Oil, Sunflowerseed 15.53 15.02 15.51 16.91 17.11

161.66 Total 171.85 177.18 177.24 186.95 187.35

none

Imports none

1.89 Oil, Coconut 1.74 1.82 1.62 1.70 1.70

0.07 Oil, Cottonseed 0.08 0.07 0.06 0.07 0.07

0.83 Oil, Olive 0.76 0.91 0.79 0.78 0.78

42.08 Oil, Palm 41.93 44.77 42.86 46.20 46.07

2.86 Oil, Palm Kernel 2.50 3.06 2.65 2.73 2.73

0.16 Oil, Peanut 0.19 0.25 0.24 0.24 0.24

3.94 Oil, Rapeseed 3.83 3.96 4.16 4.27 4.35

8.50 Oil, Soybean 9.26 10.03 11.67 11.02 11.07

5.16 Oil, Sunflowerseed 6.97 6.19 6.98 7.66 7.64

65.49 Total 67.24 71.05 71.02 74.67 74.64

none

Exports none

1.92 Oil, Coconut 1.91 1.94 1.55 1.78 1.79

0.16 Oil, Cottonseed 0.14 0.14 0.09 0.10 0.10

0.91 Oil, Olive 0.84 1.00 0.90 0.86 0.86

43.16 Oil, Palm 43.22 47.47 43.89 47.49 47.49

3.26 Oil, Palm Kernel 2.88 3.22 2.99 3.17 3.17

0.17 Oil, Peanut 0.20 0.24 0.24 0.23 0.23

3.95 Oil, Rapeseed 3.83 4.07 4.14 4.40 4.39

9.36 Oil, Soybean 9.44 11.09 11.71 11.57 11.58

5.57 Oil, Sunflowerseed 7.78 7.38 8.11 8.87 8.98

68.45 Total 70.24 76.56 73.60 78.46 78.58

none

Domestic Consumption none

3.75 Oil, Coconut 3.33 3.31 3.27 3.37 3.34

5.21 Oil, Cottonseed 5.08 5.06 4.52 4.51 4.49

2.82 Oil, Olive 2.98 2.65 2.80 2.83 2.83

55.72 Oil, Palm 57.61 58.41 60.02 63.26 63.10

6.41 Oil, Palm Kernel 6.64 7.24 7.07 7.23 7.23

5.40 Oil, Peanut 5.63 5.46 5.39 5.75 5.75

24.31 Oil, Rapeseed 26.17 27.35 28.05 28.26 28.47

42.68 Oil, Soybean 45.23 48.06 51.99 54.00 53.97

12.95 Oil, Sunflowerseed 14.14 14.12 15.25 15.73 15.73

159.24 Total 166.82 171.66 178.34 184.95 184.92

none

Ending Stocks none

0.46 Oil, Coconut 0.33 0.28 0.39 0.30 0.36

0.21 Oil, Cottonseed 0.23 0.23 0.15 0.18 0.18

0.52 Oil, Olive 0.65 0.30 0.47 0.39 0.39

8.94 Oil, Palm 9.31 9.83 7.63 7.55 7.61

0.82 Oil, Palm Kernel 0.93 0.86 0.59 0.55 0.56

0.21 Oil, Peanut 0.23 0.14 0.12 0.16 0.16

4.43 Oil, Rapeseed 5.53 5.69 5.37 4.21 4.11

4.06 Oil, Soybean 3.89 4.08 3.87 3.54 3.68

2.02 Oil, Sunflowerseed 2.59 2.30 1.43 1.43 1.46

21.66 Total 23.69 23.70 20.01 18.29 18.51

Totals may not add due to rounding

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 9: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

93.32 United States 99.02 116.03 115.88 127.31 127.31

84.55 Brazil 90.01 100.11 99.00 106.81 106.81

53.81 Argentina 57.01 66.24 60.78 61.78 60.27

59.75 China 58.64 57.66 55.43 55.51 55.71

36.81 India 36.86 32.28 29.78 37.20 37.12

146.26 Other 162.02 164.54 161.08 166.20 166.97

474.50 Total 503.55 536.86 521.95 554.80 554.19

Imports none

63.52 China 75.58 83.15 87.93 90.37 90.37

17.02 European Union 18.01 17.35 20.02 18.60 18.90

5.08 Mexico 5.58 5.73 5.85 6.13 6.12

5.54 Japan 5.49 5.70 5.78 5.77 5.77

1.96 Thailand 1.89 2.52 2.90 2.75 2.75

2.02 Turkey 2.40 3.12 2.98 2.82 2.72

0.60 Pakistan 1.15 1.68 2.49 2.69 2.69

2.14 Indonesia 2.55 2.25 2.50 2.65 2.65

2.29 Taiwan 2.34 2.53 2.48 2.61 2.61

1.79 Egypt 1.76 2.01 1.37 2.47 2.47

12.79 Other 16.75 17.58 19.29 20.23 20.38

114.76 Total 133.49 143.63 153.60 157.07 157.41

Exports none

42.02 Brazil 46.99 50.85 54.66 59.79 59.79

37.16 United States 45.57 51.12 53.79 56.88 56.88

10.62 Canada 12.69 13.11 14.58 13.93 14.23

8.53 Argentina 8.59 11.54 11.23 10.09 10.20

5.54 Paraguay 4.82 4.51 5.42 5.33 5.33

2.72 Ukraine 3.57 4.43 3.89 3.40 3.65

4.21 Australia 3.07 2.92 2.53 3.08 3.13

7.76 Other 8.42 8.66 7.49 7.77 7.78

118.55 Total 133.72 147.13 153.58 160.26 160.98

Crush none

102.64 China 107.63 112.09 118.30 121.87 121.97

50.25 United States 51.46 55.11 55.06 57.24 57.05

36.27 Argentina 38.79 43.19 46.38 48.07 48.67

41.70 European Union 45.27 47.41 46.89 45.79 46.09

37.51 Brazil 39.71 42.89 42.00 42.77 42.77

29.44 India 28.91 25.15 23.20 27.78 27.70

10.12 Russia 13.15 12.98 13.59 15.08 15.14

9.21 Ukraine 12.16 11.45 12.93 14.40 14.61

8.26 Canada 8.50 9.15 10.32 11.00 11.00

8.98 Indonesia 9.64 10.25 10.07 10.65 10.65

5.70 Mexico 6.08 6.41 6.47 6.74 6.79

4.73 Pakistan 5.11 5.96 5.57 5.97 5.97

5.34 Malaysia 5.53 5.55 5.19 5.72 5.72

4.38 Japan 4.40 4.66 4.73 4.68 4.68

3.17 Paraguay 3.47 3.73 3.85 3.91 3.91

39.33 Other 40.12 44.35 43.71 45.89 45.81

397.01 Total 419.93 440.32 448.23 467.54 468.52

Ending Stocks none

20.92 Argentina 26.60 33.62 32.92 32.81 30.65

15.50 Brazil 16.20 19.65 18.72 19.49 19.49

13.14 China 14.98 18.60 18.42 16.27 16.27

5.76 United States 3.95 6.76 6.87 12.87 12.95

2.41 India 2.40 1.70 1.25 3.00 2.97

10.19 Other 13.56 12.82 11.34 9.27 9.33

67.91 Total 77.69 93.14 89.51 93.71 91.67

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 10: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

70.77 China 74.60 78.56 83.68 86.76 86.81

38.70 United States 39.40 43.28 42.87 43.94 43.87

27.27 Argentina 29.10 32.31 34.51 36.06 36.26

28.38 Brazil 29.88 32.45 31.87 32.42 32.42

26.74 European Union 28.95 30.30 30.28 29.56 29.73

77.14 Other 80.87 83.44 83.86 91.46 91.45

269.01 Total 282.80 300.35 307.07 320.19 320.54

Imports none

23.39 European Union 24.62 25.82 25.35 26.91 26.81

3.65 Vietnam 3.94 5.15 5.53 5.78 5.75

3.62 Indonesia 4.21 3.99 4.38 4.70 4.70

3.39 United States 3.80 3.87 4.07 4.19 4.19

3.26 Thailand 3.14 3.65 2.98 3.60 3.60

3.54 Korea, South 3.68 3.42 3.39 3.48 3.45

1.76 New Zealand 2.28 2.45 2.65 2.76 2.76

31.77 Other 34.69 33.93 34.82 35.77 35.70

74.39 Total 80.36 82.29 83.17 87.19 86.96

Exports none

24.04 Argentina 25.38 29.20 31.06 32.92 33.02

13.24 Brazil 13.95 14.39 15.41 15.20 15.20

10.46 United States 10.80 12.14 11.21 10.88 10.88

3.07 Ukraine 3.81 3.74 4.35 5.23 5.30

3.66 Canada 3.67 3.86 4.37 4.61 4.61

3.80 Indonesia 3.93 4.28 4.24 4.50 4.50

2.15 Paraguay 2.51 2.54 2.57 2.72 2.72

18.97 Other 19.18 15.99 13.71 15.49 15.41

79.38 Total 83.24 86.14 86.92 91.54 91.63

Domestic Consumption none

70.95 China 74.63 78.72 83.46 86.48 86.56

49.50 European Union 52.42 54.39 54.79 55.27 55.27

31.65 United States 32.42 35.01 35.72 37.21 37.15

15.87 Brazil 16.43 16.85 17.18 17.82 17.82

11.61 India 12.19 12.17 13.23 14.31 14.27

5.61 Mexico 5.83 6.42 7.05 7.43 7.46

4.36 Vietnam 4.87 5.57 6.26 6.70 6.76

4.24 Russia 4.95 5.42 5.91 6.44 6.43

5.24 Thailand 5.36 5.57 5.60 5.88 5.88

4.32 Indonesia 4.81 5.00 5.30 5.60 5.60

61.86 Other 64.95 69.00 70.42 73.73 73.54

265.21 Total 278.85 294.12 304.91 316.87 316.73

SME none

67.76 China 71.15 75.43 80.30 83.64 83.72

43.86 European Union 46.83 48.58 49.24 49.90 49.90

30.47 United States 31.14 33.70 34.41 35.76 35.71

15.67 Brazil 16.18 16.64 17.00 17.61 17.61

10.19 India 10.80 10.83 11.59 12.65 12.61

5.26 Mexico 5.49 6.07 6.71 7.09 7.12

4.09 Vietnam 4.60 5.26 5.95 6.45 6.53

70.25 Other 74.29 78.87 81.24 85.43 85.22

247.55 Total 260.48 275.38 286.43 298.54 298.42

Ending Stocks none

3.46 Argentina 4.22 4.19 4.27 3.83 3.96

2.97 Brazil 2.49 3.72 3.02 2.44 2.44

0.53 European Union 0.62 1.06 0.71 0.78 0.86

0.76 India 0.71 0.70 0.36 0.62 0.62

0.11 Philippines 0.34 0.29 0.48 0.45 0.46

4.92 Other 5.46 6.24 5.76 5.18 5.40

12.75 Total 13.82 16.19 14.60 13.30 13.74

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 11: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

32.72 Indonesia 35.02 37.78 36.71 39.98 39.98

23.05 China 24.31 25.04 26.30 26.59 26.61

21.70 Malaysia 22.63 22.29 20.01 22.50 22.50

16.15 European Union 18.30 18.00 18.42 17.85 17.98

10.23 United States 10.42 10.94 11.20 11.62 11.61

7.45 Argentina 7.84 8.98 9.70 9.98 10.11

7.55 Brazil 7.97 8.57 8.41 8.52 8.52

42.83 Other 45.36 45.59 46.48 49.91 50.05

161.66 Total 171.85 177.18 177.24 186.95 187.35

Imports none

10.72 India 11.50 14.14 15.11 16.14 16.14

9.95 European Union 9.98 9.88 9.91 9.89 9.79

10.84 China 9.10 8.63 7.81 8.18 8.18

3.80 United States 4.02 4.23 4.54 4.59 4.76

2.30 Pakistan 2.84 2.98 2.89 3.38 3.38

1.92 Egypt 2.08 2.25 2.24 2.25 2.25

1.44 Bangladesh 1.68 1.79 2.15 2.07 2.10

1.35 Turkey 1.46 1.53 1.41 1.63 1.63

1.50 Malaysia 0.85 1.68 1.36 1.47 1.47

1.46 Iran 1.60 1.14 1.02 1.17 1.19

20.23 Other 22.12 22.81 22.58 23.91 23.76

65.49 Total 67.24 71.05 71.02 74.67 74.64

Exports none

22.64 Indonesia 23.94 28.51 25.35 28.10 28.10

19.99 Malaysia 18.75 18.84 17.83 18.97 18.97

4.69 Argentina 4.55 5.73 6.41 6.31 6.32

3.32 Ukraine 4.36 4.12 4.81 5.27 5.36

2.63 Canada 2.45 2.54 2.92 3.31 3.31

1.35 Russia 2.46 2.23 2.23 2.64 2.65

2.43 European Union 2.31 2.48 2.48 2.35 2.35

11.41 Other 11.43 12.11 11.57 11.51 11.54

68.45 Total 70.24 76.56 73.60 78.46 78.58

Domestic Consumption none

31.66 China 32.77 33.61 34.62 35.66 35.67

24.56 European Union 25.17 25.75 25.90 25.90 25.90

17.79 India 18.66 20.05 21.08 22.94 22.85

13.06 United States 13.49 13.68 14.54 14.99 15.12

10.08 Indonesia 11.05 9.90 11.98 12.06 12.06

6.74 Brazil 6.97 7.43 7.39 7.54 7.54

4.03 Malaysia 4.40 4.59 4.72 4.90 4.90

3.37 Pakistan 3.72 4.11 4.20 4.63 4.63

2.93 Argentina 3.42 3.21 3.50 3.72 3.72

3.07 Russia 3.16 3.24 3.37 3.51 3.51

2.21 Thailand 2.42 2.57 2.70 2.87 2.87

2.37 Mexico 2.41 2.60 2.67 2.76 2.77

2.49 Egypt 2.49 2.59 2.60 2.61 2.61

1.70 Bangladesh 1.87 2.06 2.31 2.50 2.52

2.30 Japan 2.33 2.35 2.35 2.41 2.41

30.89 Other 32.50 33.94 34.45 35.96 35.84

159.24 Total 166.82 171.66 178.34 184.95 184.92

Ending Stocks none

4.80 China 5.33 5.25 4.62 3.60 3.60

3.53 Indonesia 3.61 3.02 2.45 2.29 2.29

2.12 Malaysia 2.46 3.00 1.82 1.95 1.93

1.65 India 1.70 1.81 1.62 1.72 1.77

1.39 European Union 2.19 1.85 1.81 1.32 1.32

8.18 Other 8.39 8.78 7.70 7.40 7.60

21.66 Total 23.69 23.70 20.01 18.29 18.51

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 12: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

82,791 United States 91,389 106,878 106,857 117,208 117,208

82,000 Brazil 86,700 97,200 96,500 104,000 104,000

49,300 Argentina 53,400 61,400 56,800 57,000 55,500

13,011 China 11,951 12,154 11,785 12,900 12,900

12,186 India 9,477 8,711 7,125 11,500 11,500

8,202 Paraguay 8,190 8,154 9,170 9,170 9,170

5,086 Canada 5,359 6,049 6,371 6,450 6,450

15,898 Other 16,044 19,234 18,365 19,624 19,896

268,474 Total 282,510 319,780 312,973 337,852 336,624

Imports none

59,865 China 70,364 78,350 83,230 86,000 86,000

12,538 European Union 13,293 13,914 15,006 13,800 13,800

3,409 Mexico 3,842 3,819 4,126 4,300 4,300

2,830 Japan 2,894 3,004 3,186 3,100 3,100

1,867 Thailand 1,798 2,411 2,798 2,650 2,650

2,286 Taiwan 2,335 2,520 2,476 2,600 2,600

1,730 Egypt 1,694 1,947 1,300 2,400 2,400

1,795 Indonesia 2,241 2,006 2,250 2,400 2,400

126 Iran 301 1,311 1,864 2,120 2,120

717 Russia 2,048 1,986 2,336 2,100 2,100

10,029 Other 12,259 13,093 14,914 16,057 15,957

97,192 Total 113,069 124,361 133,486 137,527 137,427

Exports none

41,904 Brazil 46,829 50,612 54,383 59,500 59,500

36,129 United States 44,594 50,143 52,688 55,792 55,792

7,738 Argentina 7,842 10,573 9,920 9,000 9,000

5,518 Paraguay 4,800 4,488 5,400 5,300 5,300

3,470 Canada 3,469 3,854 4,258 4,400 4,400

6,043 Other 5,143 6,548 5,627 5,910 6,120

100,802 Total 112,677 126,218 132,276 139,902 140,112

Crush none

64,950 China 68,850 74,500 81,300 86,500 86,500

45,967 United States 47,192 50,975 51,335 52,526 52,526

33,611 Argentina 36,173 40,017 43,230 44,700 45,300

35,235 Brazil 36,861 40,435 39,901 40,500 40,500

12,500 European Union 13,400 14,000 15,100 14,700 14,700

10,800 India 8,700 7,700 5,800 9,000 9,000

3,650 Mexico 4,030 4,175 4,400 4,650 4,700

2,220 Russia 3,400 3,650 4,050 4,250 4,300

2,950 Paraguay 3,350 3,650 3,700 3,800 3,800

1,710 Egypt 1,680 1,950 1,200 2,400 2,400

300 Iran 450 1,450 2,100 2,300 2,300

1,920 Taiwan 1,925 2,100 2,150 2,250 2,250

1,915 Japan 1,969 2,150 2,283 2,200 2,200

1,500 Thailand 1,500 1,825 2,400 2,200 2,200

2,175 Bolivia 2,250 2,500 2,350 2,250 2,050

9,979 Other 11,068 13,417 15,008 16,115 16,015

231,382 Total 242,798 264,494 276,307 290,341 290,741

Ending Stocks none

19,472 Argentina 25,271 31,916 31,950 31,800 29,700

15,355 Brazil 16,020 19,503 18,629 19,379 19,379

12,348 China 13,848 17,009 16,910 14,860 14,860

3,825 United States 2,504 5,188 5,354 11,435 11,435

1,210 India 600 200 234 1,300 1,300

3,098 Other 3,618 4,229 4,109 3,550 3,706

55,308 Total 61,861 78,045 77,186 82,324 80,380

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 February 2017Office of Global Analysis

Page 13: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

51,440 China 54,531 59,004 64,390 68,508 68,508

36,174 United States 36,909 40,880 40,526 41,196 41,196

26,089 Argentina 27,892 30,928 33,165 34,575 34,780

27,310 Brazil 28,540 31,300 30,880 31,350 31,350

9,875 European Union 10,586 11,060 11,929 11,613 11,613

8,640 India 6,960 6,160 4,640 7,200 7,200

2,890 Mexico 3,185 3,300 3,480 3,675 3,715

19,414 Other 21,693 25,701 27,741 29,679 29,496

181,832 Total 190,296 208,333 216,751 227,796 227,858

Imports none

16,941 European Union 18,137 19,623 19,206 20,250 20,250

2,981 Vietnam 3,344 4,502 4,995 5,200 5,200

3,367 Indonesia 3,983 3,844 4,275 4,600 4,600

2,874 Thailand 2,665 3,068 2,433 3,150 3,150

1,969 Philippines 2,338 2,205 2,549 2,750 2,650

1,295 Mexico 1,410 1,795 2,367 2,500 2,500

1,654 Korea, South 1,825 1,751 2,118 1,950 1,950

1,765 Japan 1,976 1,699 1,721 1,800 1,800

1,276 Malaysia 1,397 1,465 1,291 1,580 1,580

1,333 Algeria 1,441 1,101 1,438 1,550 1,550

18,373 Other 19,411 19,816 19,390 19,444 19,444

53,828 Total 57,927 60,869 61,783 64,774 64,674

Exports none

23,667 Argentina 24,972 28,575 30,325 32,300 32,400

13,242 Brazil 13,948 14,390 15,407 15,200 15,200

10,111 United States 10,504 11,891 10,853 10,523 10,523

2,149 Paraguay 2,504 2,530 2,565 2,710 2,710

1,365 China 2,017 1,595 1,909 1,900 1,900

7,988 Other 6,773 5,482 4,594 5,682 5,552

58,522 Total 60,718 64,463 65,653 68,315 68,285

Domestic Consumption none

50,091 China 52,534 57,467 62,505 66,638 66,638

26,242 European Union 28,442 29,892 31,142 31,592 31,542

26,307 United States 26,775 29,282 30,036 30,935 30,935

14,800 Brazil 15,100 15,700 16,200 16,750 16,750

4,250 Mexico 4,575 5,100 5,775 6,175 6,200

3,600 Vietnam 4,100 4,750 5,620 5,940 6,040

3,530 India 3,640 4,500 4,710 5,200 5,200

4,150 Thailand 4,250 4,350 4,450 4,800 4,800

3,430 Indonesia 3,825 4,100 4,300 4,600 4,600

3,211 Japan 3,434 3,361 3,453 3,420 3,420

2,300 Russia 2,700 2,850 3,150 3,420 3,360

2,670 Iran 2,850 3,070 3,200 3,340 3,340

2,220 Egypt 2,450 2,650 2,950 3,200 3,200

1,850 Argentina 2,100 2,402 2,640 2,775 2,780

2,050 Philippines 2,200 2,350 2,550 2,850 2,750

26,982 Other 27,916 30,288 31,801 33,525 33,450

177,683 Total 186,891 202,112 214,482 225,160 225,005

Ending Stocks none

3,253 Argentina 4,073 4,025 4,225 3,725 3,825

2,966 Brazil 2,484 3,712 3,010 2,430 2,430

269 European Union 254 683 374 339 395

50 Philippines 255 185 351 326 338

332 India 407 553 118 325 325

3,013 Other 3,024 3,966 3,445 3,264 3,452

9,883 Total 10,497 13,124 11,523 10,409 10,765

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 February 2017Office of Global Analysis

Page 14: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

11,626 China 12,335 13,347 14,569 15,501 15,501

8,990 United States 9,131 9,706 9,957 10,156 10,156

6,364 Argentina 6,785 7,687 8,433 8,600 8,725

6,760 Brazil 7,070 7,760 7,660 7,750 7,750

2,375 European Union 2,546 2,660 2,869 2,793 2,793

1,944 India 1,566 1,386 1,044 1,620 1,620

653 Mexico 720 745 785 830 840

4,570 Other 5,090 6,019 6,497 6,952 6,908

43,282 Total 45,243 49,310 51,814 54,202 54,293

Imports none

1,081 India 1,804 2,815 4,269 3,800 3,800

575 Algeria 629 631 732 675 675

1,409 China 1,353 773 586 620 620

400 Bangladesh 442 508 639 560 600

364 Morocco 444 432 465 470 470

363 Peru 355 395 390 410 410

324 Egypt 230 480 674 400 400

216 Colombia 288 304 372 380 380

543 Iran 551 421 299 360 360

194 Mexico 201 253 282 285 285

3,031 Other 2,959 3,016 2,960 3,057 3,069

8,500 Total 9,256 10,028 11,668 11,017 11,069

Exports none

4,244 Argentina 4,087 5,094 5,697 5,650 5,650

1,251 Brazil 1,378 1,510 1,550 1,400 1,400

981 United States 852 914 1,016 975 975

1,011 European Union 766 1,010 915 950 950

558 Paraguay 650 690 700 710 710

129 Russia 332 423 431 460 470

285 Bolivia 371 389 385 320 320

900 Other 1,002 1,063 1,015 1,104 1,104

9,359 Total 9,438 11,093 11,709 11,569 11,579

Domestic Consumption none

12,545 China 13,650 14,200 15,250 16,000 16,000

8,522 United States 8,576 8,600 9,148 9,322 9,322

5,534 Brazil 5,705 6,265 6,265 6,420 6,420

3,000 India 3,300 4,100 5,300 5,500 5,500

2,275 Argentina 2,729 2,501 2,761 2,965 2,965

1,850 European Union 1,990 2,040 2,170 2,170 2,170

860 Mexico 890 1,001 1,060 1,110 1,120

475 Bangladesh 529 647 721 828 848

600 Iran 630 700 740 800 780

582 Egypt 497 762 910 760 760

540 Algeria 590 640 700 720 720

46 Pakistan 107 245 415 595 595

283 Colombia 340 380 440 475 475

374 Morocco 440 445 460 475 475

445 Korea, South 440 435 448 465 465

4,748 Other 4,818 5,098 5,198 5,397 5,354

42,679 Total 45,231 48,059 51,986 54,002 53,969

Ending Stocks none

751 United States 529 841 765 749 761

1,021 China 965 778 587 598 598

351 India 420 521 531 451 451

258 Argentina 236 350 325 310 435

257 European Union 376 239 348 271 271

1,426 Other 1,368 1,351 1,311 1,163 1,165

4,064 Total 3,894 4,080 3,867 3,542 3,681

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 February 2017Office of Global Analysis

Page 15: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Exports

North America 12,118 11,201 10,738 1,035 1,170 1,128 53,997 56,946 60,192

Canada (Aug-Jul) 212 334 200 118 151 150 3,854 4,258 4,400

United States (Sep-Aug) 11,891 10,853 10,523 914 1,016 975 50,143 52,688 55,792

South America 47,189 49,977 51,744 7,683 8,333 8,081 68,799 71,847 76,264

Argentina (Oct-Sep) 28,575 30,325 32,400 5,094 5,697 5,650 10,573 9,920 9,000

Brazil (Oct-Sep) 14,390 15,407 15,200 1,510 1,550 1,400 50,612 54,383 59,500

Paraguay (Mar-Feb) 2,530 2,565 2,710 690 700 710 4,488 5,400 5,300

South Asia 1,525 419 1,809 0 3 0 234 134 150

India (Oct-Sep) 1,521 410 1,800 0 3 0 234 134 150

Other 3,631 4,056 3,994 2,375 2,203 2,370 3,188 3,349 3,506

World Total 64,463 65,653 68,285 11,093 11,709 11,579 126,218 132,276 140,112

Imports

European Union (Oct-Sep) 19,623 19,206 20,250 253 325 250 13,914 15,006 13,800

East Asia 3,591 3,912 3,855 1,160 960 1,026 85,129 90,270 93,085

China (Oct-Sep) 58 24 30 773 586 620 78,350 83,230 86,000

Japan (Oct-Sep) 1,699 1,721 1,800 6 7 8 3,004 3,186 3,100

Korea, South (Oct-Sep) 1,751 2,118 1,950 257 250 280 1,246 1,374 1,375

Taiwan (Oct-Sep) 51 33 45 5 0 0 2,520 2,476 2,600

Southeast Asia 15,106 15,565 17,202 321 276 269 6,909 7,771 7,760

Indonesia (Oct-Sep) 3,844 4,275 4,600 23 23 22 2,006 2,250 2,400

Malaysia (Oct-Sep) 1,465 1,291 1,580 126 120 125 643 885 800

Philippines (Jan-Dec) 2,205 2,549 2,650 42 43 45 119 272 140

Thailand (Sep-Aug) 3,068 2,433 3,150 5 4 4 2,411 2,798 2,650

Vietnam (Jan-Dec) 4,502 4,995 5,200 98 64 50 1,707 1,546 1,750

North America 3,030 3,522 3,545 407 431 442 5,062 5,074 5,330

Canada (Aug-Jul) 933 789 750 34 18 20 339 308 350

Mexico (Sep-Aug) 1,795 2,367 2,500 253 282 285 3,819 4,126 4,300

South America 5,025 4,751 4,804 1,317 1,235 1,267 1,434 2,146 2,503

Brazil (Oct-Sep) 18 25 20 11 65 40 305 410 350

Colombia (Oct-Sep) 1,148 1,206 1,250 304 372 380 552 544 600

Central America 1,069 1,191 1,263 157 162 174 316 340 343

Caribbean 1,044 892 1,010 294 306 309 83 118 115

Middle East 4,354 4,133 4,580 494 405 460 4,795 5,203 5,505

Iran (Oct-Sep) 1,948 1,420 1,550 421 299 360 1,311 1,864 2,120

Israel (Oct-Sep) 128 131 140 12 11 10 369 370 390

Syria (Jan-Dec) 139 35 100 0 2 2 54 55 55

Turkey (Oct-Sep) 464 603 700 0 0 0 2,197 2,283 2,050

North Africa 2,996 4,495 3,650 1,667 1,995 1,685 2,564 1,946 3,055

Egypt (Oct-Sep) 1,091 2,174 1,200 480 674 400 1,947 1,300 2,400

Other 5,031 4,116 4,515 3,958 5,573 5,187 4,155 5,612 5,931

World Total 60,869 61,783 64,674 10,028 11,668 11,069 124,361 133,486 137,427

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 16: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

Production none

28,500 Indonesia 30,500 33,000 32,000 35,000 35,000

19,321 Malaysia 20,161 19,879 17,700 20,000 20,000

2,135 Thailand 2,000 2,068 2,100 2,300 2,300

974 Colombia 1,041 1,110 1,273 1,280 1,280

970 Nigeria 970 970 970 970 970

4,477 Other 4,602 4,606 4,799 4,945 4,945

56,377 Total 59,274 61,633 58,842 64,495 64,495

Imports none

8,364 India 7,820 9,139 8,857 10,000 10,000

6,812 European Union 6,969 6,936 6,650 6,650 6,650

6,589 China 5,573 5,696 4,689 5,100 5,100

2,245 Pakistan 2,725 2,826 2,700 3,100 3,100

1,030 Bangladesh 1,232 1,280 1,511 1,500 1,500

969 Egypt 1,075 1,489 1,235 1,500 1,500

1,293 United States 1,220 1,143 1,314 1,300 1,300

234 Philippines 681 792 800 820 820

583 Burma 581 789 739 900 800

957 Malaysia 358 991 816 800 800

13,000 Other 13,692 13,686 13,547 14,529 14,504

42,076 Total 41,926 44,767 42,858 46,199 46,074

Exports none

20,373 Indonesia 21,719 25,964 23,000 25,700 25,700

18,524 Malaysia 17,344 17,378 16,621 17,500 17,500

430 Benin 600 500 550 580 580

564 Papua New Guinea 537 602 615 560 560

346 Guatemala 411 453 470 485 485

2,920 Other 2,604 2,570 2,631 2,660 2,660

43,157 Total 43,215 47,467 43,887 47,485 47,485

Domestic Consumption none

8,240 India 8,302 9,150 9,100 10,150 10,150

8,035 Indonesia 8,750 7,520 9,528 9,470 9,470

6,930 European Union 6,630 6,770 6,600 6,700 6,650

6,389 China 5,700 5,700 4,800 5,050 5,050

2,451 Malaysia 2,869 2,941 2,990 3,170 3,170

2,285 Pakistan 2,490 2,690 2,745 3,045 3,045

1,710 Thailand 1,880 1,965 2,054 2,185 2,185

1,405 Nigeria 1,470 1,470 1,500 1,530 1,530

1,030 Bangladesh 1,215 1,275 1,411 1,500 1,500

1,180 Egypt 1,200 1,450 1,280 1,490 1,490

1,238 United States 1,207 1,091 1,275 1,290 1,290

876 Colombia 903 923 1,025 1,040 1,040

400 Philippines 600 771 840 900 900

670 Russia 750 810 880 830 830

560 Burma 595 744 749 900 800

12,325 Other 13,053 13,140 13,238 14,010 14,000

55,724 Total 57,614 58,410 60,015 63,260 63,100

Ending Stocks none

3,152 Indonesia 3,210 2,734 2,214 2,044 2,044

1,784 Malaysia 2,090 2,641 1,546 1,676 1,676

681 India 370 539 496 549 546

300 European Union 477 527 427 347 347

156 Thailand 78 205 240 320 320

2,862 Other 3,081 3,183 2,704 2,613 2,678

8,935 Total 9,306 9,829 7,627 7,549 7,611

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 17: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

China (Oct-Sep) 10,890 11,009 9,879 7,137 7,215 6,474 14,772 14,931 13,500

India (Oct-Sep) 2,507 2,985 3,403 1,596 1,900 2,166 5,080 5,920 6,800

Canada (Aug-Jul) 4,150 4,665 5,050 3,230 3,625 3,935 16,410 18,377 18,500

Japan (Oct-Sep) 1,375 1,343 1,360 1,074 1,037 1,075 3 3 3

European Union (Jul-Jun) 14,458 13,862 13,395 10,603 10,166 9,823 24,577 22,194 20,100

Other 5,714 5,363 5,381 3,978 3,766 3,779 10,602 8,810 9,009

World Total 39,094 39,227 38,468 27,618 27,709 27,252 71,444 70,235 67,912

Imports

China (Oct-Sep) 142 359 200 732 768 700 4,591 4,011 3,600

India (Oct-Sep) 0 3 0 383 383 400 0 0 0

Canada (Aug-Jul) 23 15 17 32 46 50 77 104 100

Japan (Oct-Sep) 11 15 15 20 16 18 2,489 2,387 2,450

European Union (Jul-Jun) 453 409 300 261 198 200 2,317 3,494 3,700

Other 5,372 4,957 5,184 2,533 2,750 2,978 4,842 4,243 4,382

World Total 6,001 5,758 5,716 3,961 4,161 4,346 14,316 14,239 14,232

Exports

China (Oct-Sep) 0 114 50 6 3 5 0 1 0

India (Oct-Sep) 1,059 291 350 2 3 0 0 0 0

Canada (Aug-Jul) 3,638 4,035 4,400 2,409 2,766 3,150 9,216 10,278 9,800

Japan (Oct-Sep) 53 8 25 1 1 1 0 0 0

European Union (Jul-Jun) 414 469 400 357 346 300 588 344 400

Other 906 713 634 1,295 1,018 933 5,268 4,058 4,048

World Total 6,070 5,630 5,859 4,070 4,137 4,389 15,072 14,681 14,248

Domestic Consumption

China (Oct-Sep) 11,032 11,254 10,029 7,750 8,300 8,250 18,900 19,100 17,200

India (Oct-Sep) 1,600 2,600 3,000 2,080 2,280 2,535 5,040 5,900 6,650

Canada (Aug-Jul) 527 603 642 666 808 830 7,737 8,729 9,439

Japan (Oct-Sep) 1,381 1,325 1,388 1,089 1,058 1,093 2,478 2,419 2,455

European Union (Jul-Jun) 14,450 13,850 13,200 10,495 10,100 9,900 26,315 25,220 24,400

Other 10,253 9,597 9,932 5,268 5,506 5,866 10,143 9,162 9,450

World Total 39,243 39,229 38,191 27,348 28,052 28,474 70,613 70,530 69,594

Ending Stocks

China (Oct-Sep) 0 0 0 4,164 3,844 2,763 1,499 1,340 1,240

India (Oct-Sep) 148 245 298 222 222 253 479 499 649

Canada (Aug-Jul) 99 141 166 398 495 500 2,542 2,016 1,377

Japan (Oct-Sep) 36 61 23 37 31 30 96 67 65

European Union (Jul-Jun) 220 172 267 452 370 193 1,881 2,005 1,005

Other 162 172 171 418 410 368 961 794 687

World Total 665 791 925 5,691 5,372 4,107 7,458 6,721 5,023

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 18: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

Argentina (Mar-Feb) 3,160 2,700 3,300 1,147 1,150 1,290 1,151 1,150 1,260

Russia (Sep-Aug) 8,374 9,173 10,536 3,345 3,510 4,044 3,366 3,530 4,068

Turkey (Sep-Aug) 1,200 1,000 1,200 850 685 750 731 589 645

Ukraine (Sep-Aug) 10,200 11,900 13,750 4,223 4,797 5,494 4,429 5,031 5,762

European Union (Oct-Sep) 9,000 7,625 8,400 4,154 3,882 4,127 3,232 3,021 3,211

Other 7,491 8,018 7,637 2,427 2,517 2,499 2,110 2,190 2,167

World Total 39,425 40,416 44,823 16,146 16,541 18,204 15,019 15,511 17,113

Imports

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

Russia (Sep-Aug) 88 121 50 3 7 5 3 3 10

Turkey (Sep-Aug) 470 396 350 773 801 880 814 686 890

Ukraine (Sep-Aug) 15 22 15 6 1 0 2 1 2

European Union (Oct-Sep) 266 622 500 3,210 3,296 3,850 829 1,392 1,400

Other 727 669 676 1,525 1,857 1,933 4,538 4,896 5,333

World Total 1,567 1,830 1,591 5,517 5,962 6,668 6,186 6,978 7,635

Exports

Argentina (Mar-Feb) 63 300 218 556 680 580 502 600 550

Russia (Sep-Aug) 61 104 120 1,333 1,211 1,600 1,456 1,540 1,950

Turkey (Sep-Aug) 28 42 20 7 4 5 632 583 550

Ukraine (Sep-Aug) 45 83 150 3,394 3,817 4,800 3,872 4,500 5,100

European Union (Oct-Sep) 518 426 350 299 215 200 418 374 350

Other 947 1,055 906 301 241 247 503 508 481

World Total 1,662 2,010 1,764 5,890 6,168 7,432 7,383 8,105 8,981

Domestic Consumption

Argentina (Mar-Feb) 2,800 2,834 3,054 580 580 620 696 725 744

Russia (Sep-Aug) 8,670 9,070 10,370 2,050 2,250 2,500 1,950 1,950 2,090

Turkey (Sep-Aug) 1,706 1,376 1,506 1,600 1,500 1,630 980 970 980

Ukraine (Sep-Aug) 10,460 11,860 13,560 750 850 900 570 575 590

European Union (Oct-Sep) 8,660 8,170 8,620 7,100 6,950 7,750 3,580 4,160 4,290

Other 7,245 7,531 7,449 3,707 4,107 4,202 6,343 6,874 7,037

World Total 39,541 40,841 44,559 15,787 16,237 17,602 14,119 15,254 15,731

Ending Stocks

Argentina (Mar-Feb) 1,038 604 632 148 38 128 379 204 170

Russia (Sep-Aug) 135 255 351 193 249 198 49 92 130

Turkey (Sep-Aug) 75 53 77 154 136 131 331 53 58

Ukraine (Sep-Aug) 122 101 156 470 601 395 163 120 194

European Union (Oct-Sep) 975 626 556 153 166 193 352 231 202

Other 447 548 506 79 105 88 1,022 726 708

World Total 2,792 2,187 2,278 1,197 1,295 1,133 2,296 1,426 1,462

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 19: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

China (Oct-Sep) 2,686 2,784 2,928 1,396 1,222 1,222 3 5 5

India (Oct-Sep) 990 875 1,125 1,320 1,256 1,234 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 157 182 170 143 177

United States (Aug-Jul) 97 103 117 277 211 247 5 5 5

European Union (Oct-Sep) 12 12 12 50 44 39 1,435 2,310 2,100

Other 1,576 1,586 1,589 1,897 1,575 1,632 786 609 535

World Total 5,368 5,367 5,778 5,125 4,465 4,556 2,399 3,072 2,822

Imports

China (Oct-Sep) 141 113 130 0 0 0 37 41 40

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

Turkey (Nov-Oct) 0 0 0 0 0 0 3 1 1

United States (Aug-Jul) 14 42 29 8 3 9 310 330 329

European Union (Oct-Sep) 73 65 65 1 2 1 253 100 100

Other 19 19 19 65 51 56 303 318 313

World Total 247 239 243 74 56 66 906 790 783

Exports

China (Oct-Sep) 8 10 6 9 1 5 0 0 0

India (Oct-Sep) 15 11 20 1 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 3 2 1 16 14 55

United States (Aug-Jul) 9 5 5 54 25 45 8 8 8

European Union (Oct-Sep) 4 5 5 0 0 0 564 672 650

Other 208 206 194 73 57 48 410 206 143

World Total 244 237 230 140 85 99 998 900 856

Domestic Consumption

China (Oct-Sep) 2,819 2,887 3,052 1,387 1,221 1,217 40 46 45

India (Oct-Sep) 1,050 874 1,065 1,295 1,275 1,202 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 155 180 125 125 125

United States (Aug-Jul) 102 140 139 245 193 211 307 327 326

European Union (Oct-Sep) 81 72 72 51 46 40 1,490 1,570 1,620

Other 1,398 1,407 1,416 1,899 1,626 1,642 690 727 717

World Total 5,457 5,387 5,751 5,062 4,516 4,492 2,652 2,795 2,833

Ending Stocks

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

India (Oct-Sep) 92 82 122 82 63 95 nr nr nr

Turkey (Nov-Oct) 0 0 0 4 4 5 48 53 51

United States (Aug-Jul) 9 9 11 27 23 23 0 0 0

European Union (Oct-Sep) 3 3 3 0 0 0 113 281 211

Other 36 28 26 113 56 54 143 137 125

World Total 140 122 162 226 146 177 304 471 387

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 20: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

337.94 29.1966.80451.6464.0749.64212.36 2003/04 338.41 46.44

383.01 30.5874.35502.1772.7246.44218.96 2004/05 368.31 59.52

394.46 31.6875.82529.3975.4159.52220.69 2005/06 386.97 66.60

405.76 31.5183.12553.2080.8466.60223.25 2006/07 394.65 75.43

391.26 31.5591.38557.1690.4775.43219.38 2007/08 402.54 63.24

398.97 33.5594.65556.7494.5463.24230.45 2008/09 404.87 57.22

447.14 34.72106.99606.97102.6157.22235.79 2009/10 425.28 74.70

461.03 36.17109.13640.75105.0274.70245.18 2010/11 446.27 85.36

447.47 36.25111.70645.98113.1585.36247.97 2011/12 467.53 66.75

474.50 36.38118.55656.02114.7666.75255.46 2012/13 469.56 67.91

503.55 37.30133.72704.96133.4967.91259.53 2013/14 493.54 77.69

536.86 38.41147.13758.18143.6377.69264.19 2014/15 517.90 93.14

521.95 39.52153.58768.69153.6093.14262.69 2015/16 525.60 89.51

554.19 40.77160.98801.12157.4189.51264.72 2016/17 548.47 91.67

Major Protein Meals

190.95 0.3058.57256.2757.837.49nr 2003/04 189.64 8.07

206.39 0.2961.80273.9359.478.07nr 2004/05 204.03 8.11

217.05 0.2867.25290.8465.688.11nr 2005/06 214.81 8.79

223.96 0.2769.33300.0567.308.79nr 2006/07 220.52 10.19

231.62 0.2972.98312.2270.4110.19nr 2007/08 229.12 10.12

229.65 0.3270.00308.1868.4110.12nr 2008/09 229.99 8.19

244.13 0.4072.73322.7770.458.19nr 2009/10 240.08 9.96

256.52 0.3377.89341.5775.099.96nr 2010/11 251.27 12.41

267.79 0.4080.99359.3379.1312.41nr 2011/12 264.40 13.94

269.01 0.4379.38357.3374.3913.94nr 2012/13 265.21 12.75

282.80 0.4483.24375.9080.3612.75nr 2013/14 278.85 13.82

300.35 0.4586.14396.4582.2913.82nr 2014/15 294.12 16.19

307.07 0.4886.92406.4383.1716.19nr 2015/16 304.91 14.60

320.54 0.5491.63422.1086.9614.60nr 2016/17 316.73 13.74

Major Vegetable Oils

103.32 86.9639.93151.3637.3810.6612.19 2003/04 100.26 11.17

112.18 91.4843.84163.5240.1711.1712.85 2004/05 107.20 12.48

119.88 94.3048.60176.3043.9412.4813.60 2005/06 113.47 14.23

122.73 96.7650.61184.3047.3414.2314.19 2006/07 119.05 14.65

129.74 99.5954.73194.8850.5014.6514.72 2007/08 125.16 14.99

134.97 103.1056.87203.9654.0014.9915.59 2008/09 131.41 15.68

142.41 107.0959.01213.7655.6615.6816.36 2009/10 138.19 16.56

149.13 110.1860.61222.7457.0616.5617.05 2010/11 143.36 18.77

158.45 116.0264.78239.0961.8718.7717.63 2011/12 152.11 22.20

161.66 121.4768.45249.3565.4922.2018.37 2012/13 159.24 21.66

171.85 126.3970.24260.7567.2421.6619.11 2013/14 166.82 23.69

177.18 131.3476.56271.9171.0523.6919.77 2014/15 171.66 23.70

177.24 135.3773.60271.9571.0223.7020.37 2015/16 178.34 20.01

187.35 140.9278.58282.0074.6420.0120.80 2016/17 184.92 18.51

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 21: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

186.75 163.5456.05283.7054.0442.9288.57 2003/04 188.97 38.68

215.83 175.7164.75318.0763.5638.6893.33 2004/05 204.70 48.62

221.23 186.2763.85333.9564.1048.6293.03 2005/06 215.94 54.15

235.71 195.4271.14358.9169.0554.1594.78 2006/07 224.67 63.10

218.96 202.4978.32360.7478.6863.1090.93 2007/08 229.68 52.74

211.97 194.6377.21342.6277.9052.7496.41 2008/09 222.55 42.86

260.49 210.2291.44390.8587.5042.86102.56 2009/10 238.90 60.51

264.28 221.8891.71414.5889.7960.51103.37 2010/11 252.25 70.62

240.47 229.8792.19405.6594.5570.62102.94 2011/12 260.22 53.24

268.47 231.38100.80418.9197.1953.24109.87 2012/13 262.80 55.31

282.51 242.80112.68450.89113.0755.31112.40 2013/14 276.35 61.86

319.78 264.49126.22506.00124.3661.86118.26 2014/15 301.74 78.05

312.97 276.31132.28524.50133.4978.05120.10 2015/16 315.04 77.19

336.62 290.74140.11551.24137.4377.19121.19 2016/17 330.75 80.38

Meal, Soybean

128.91 163.5545.67179.4644.935.62nr 2003/04 128.12 5.67

138.95 175.7348.03190.6346.005.67nr 2004/05 136.69 5.91

146.66 186.2853.01203.9551.385.91nr 2005/06 144.77 6.17

153.71 195.4454.99212.6252.746.17nr 2006/07 150.20 7.43

158.90 202.5156.64221.1154.787.43nr 2007/08 156.89 7.59

152.83 194.6553.25212.0951.677.59nr 2008/09 153.80 5.03

165.52 210.2456.02224.0953.545.03nr 2009/10 161.33 6.73

174.70 221.9058.91238.3056.876.73nr 2010/11 170.54 8.85

181.39 229.9258.72247.2156.978.85nr 2011/12 178.07 10.43

181.83 231.4358.52246.0953.8310.43nr 2012/13 177.68 9.88

190.30 242.8460.72258.1157.939.88nr 2013/14 186.89 10.50

208.33 264.5464.46279.7060.8710.50nr 2014/15 202.11 13.12

216.75 276.4065.65291.6661.7813.12nr 2015/16 214.48 11.52

227.86 290.8368.29304.0664.6711.52nr 2016/17 225.01 10.77

Oil, Soybean

30.24 163.548.7041.618.183.19nr 2003/04 30.07 2.84

32.65 175.719.0643.878.382.84nr 2004/05 31.48 3.33

34.92 186.279.7947.058.803.33nr 2005/06 33.38 3.89

36.41 195.4210.5650.079.773.89nr 2006/07 35.43 4.08

37.79 202.4910.8852.1610.294.08nr 2007/08 37.30 3.97

36.12 194.639.1849.099.003.97nr 2008/09 36.36 3.55

38.93 210.229.1750.968.483.55nr 2009/10 38.16 3.62

41.43 221.889.6654.439.383.62nr 2010/11 40.47 4.31

42.97 229.878.5255.287.994.31nr 2011/12 42.44 4.32

43.28 231.389.3656.108.504.32nr 2012/13 42.68 4.06

45.24 242.809.4458.569.264.06nr 2013/14 45.23 3.89

49.31 264.4911.0963.2310.033.89nr 2014/15 48.06 4.08

51.81 276.3111.7167.5611.674.08nr 2015/16 51.99 3.87

54.29 290.7411.5869.2311.073.87nr 2016/17 53.97 3.68

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 22: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

39.46 0.345.5346.725.142.1225.49 2003/04 39.00 2.19

46.24 0.354.9153.435.002.1926.88 2004/05 43.40 5.12

48.93 0.356.9860.766.715.1227.36 2005/06 48.16 5.63

45.81 0.356.6558.467.025.6326.76 2006/07 46.63 5.18

48.37 0.358.1861.127.575.1828.66 2007/08 49.23 3.70

58.01 0.4012.2073.8612.153.7031.02 2008/09 54.86 6.80

61.02 0.4210.9078.6310.816.8030.85 2009/10 59.75 7.98

60.95 0.4510.9379.1010.187.9833.71 2010/11 60.20 7.98

61.65 0.4512.9982.8713.247.9833.51 2011/12 63.75 6.13

64.06 0.4712.5683.0212.836.1336.05 2012/13 65.72 4.75

71.67 0.4915.1091.9615.554.7536.00 2013/14 69.48 7.38

71.44 0.5515.0793.1414.327.3835.52 2014/15 70.61 7.46

70.24 0.5814.6891.9314.247.4634.09 2015/16 70.53 6.72

67.91 0.6214.2588.8714.236.7233.67 2016/17 69.59 5.02

Meal, Rapeseed

21.33 0.002.4224.522.510.69nr 2003/04 21.18 0.93

23.71 0.002.5126.932.290.93nr 2004/05 23.71 0.71

26.21 0.002.6829.552.630.71nr 2005/06 26.09 0.78

25.59 0.003.0029.583.210.78nr 2006/07 25.88 0.70

27.24 0.003.9331.823.880.70nr 2007/08 27.30 0.59

30.36 0.003.7534.733.770.59nr 2008/09 30.17 0.80

33.02 0.003.6337.713.880.80nr 2009/10 32.80 1.28

33.39 0.005.2840.005.331.28nr 2010/11 33.64 1.08

35.25 0.005.5641.885.551.08nr 2011/12 35.29 1.04

36.51 0.005.7043.135.581.04nr 2012/13 36.45 0.98

38.74 0.006.3546.176.460.98nr 2013/14 38.94 0.88

39.09 0.006.0745.986.000.88nr 2014/15 39.24 0.67

39.23 0.005.6345.655.760.67nr 2015/16 39.23 0.79

38.47 0.005.8644.985.720.79nr 2016/17 38.19 0.93

Oil, Rapeseed

14.45 12.821.3316.631.360.82nr 2003/04 14.71 0.60

16.10 13.141.2917.911.200.60nr 2004/05 15.82 0.79

18.03 13.701.6520.301.480.79nr 2005/06 17.60 1.05

17.82 13.272.0021.082.211.05nr 2006/07 18.24 0.85

18.96 13.531.9121.862.050.85nr 2007/08 18.81 1.14

21.23 14.522.4724.852.481.14nr 2008/09 21.11 1.27

23.27 15.292.7527.502.961.27nr 2009/10 22.80 1.95

23.57 15.933.4328.903.381.95nr 2010/11 23.47 1.99

24.89 16.553.9830.954.081.99nr 2011/12 23.92 3.05

25.70 17.053.9532.693.943.05nr 2012/13 24.31 4.43

27.27 18.263.8335.533.834.43nr 2013/14 26.17 5.53

27.62 19.034.0737.113.965.53nr 2014/15 27.35 5.69

27.71 19.704.1437.564.165.69nr 2015/16 28.05 5.37

27.25 20.254.3936.974.355.37nr 2016/17 28.47 4.11

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 23: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

26.59 3.3125.752.262.192.5423.01 2003/04

25.39 2.9025.731.231.163.3120.69 2004/05

29.92 3.4529.281.521.422.9022.72 2005/06

30.08 4.0429.391.911.813.4523.45 2006/07

27.37 3.7327.511.461.294.0421.30 2007/08

32.99 3.9132.582.151.923.7323.94 2008/09

31.55 2.7032.781.551.563.9122.99 2009/10

32.72 2.4732.781.781.622.7023.11 2010/11

38.65 2.5938.311.931.702.4724.58 2011/12

34.99 2.7734.711.451.362.5923.50 2012/13

41.61 3.0041.001.961.582.7724.02 2013/14

39.43 2.7939.541.661.573.0023.28 2014/15

40.42 2.1940.842.011.832.7923.46 2015/16

44.82 2.2844.561.761.592.1924.63 2016/17

Meal, Sunflowerseed

10.34 0.1910.112.852.650.15nr 2003/04

10.28 0.2010.062.772.550.19nr 2004/05

11.69 0.3011.393.553.350.20nr 2005/06

11.82 0.2411.863.473.440.30nr 2006/07

11.10 0.3010.703.292.960.24nr 2007/08

13.05 0.7612.494.294.200.30nr 2008/09

13.34 0.9012.784.133.690.76nr 2009/10

13.23 0.9312.654.614.060.90nr 2010/11

15.60 1.3614.806.786.420.93nr 2011/12

14.12 0.6814.625.124.931.36nr 2012/13

16.89 1.2115.886.245.760.68nr 2013/14

16.15 1.2015.795.895.521.21nr 2014/15

16.54 1.3016.246.175.961.20nr 2015/16

18.20 1.1317.607.436.671.30nr 2016/17

Oil, Sunflowerseed

9.11 0.838.392.681.980.81nr 2003/04

9.19 1.048.592.582.170.83nr 2004/05

10.57 1.239.763.923.311.04nr 2005/06

10.74 1.2210.154.053.461.23nr 2006/07

10.19 1.209.463.532.781.22nr 2007/08

11.92 1.9110.814.554.151.20nr 2008/09

12.12 1.8211.524.503.811.91nr 2009/10

12.09 1.4111.664.543.701.82nr 2010/11

14.40 2.4612.696.485.831.41nr 2011/12

12.91 2.0212.955.575.162.46nr 2012/13

15.53 2.5914.147.786.972.02nr 2013/14

15.02 2.3014.127.386.192.59nr 2014/15

15.51 1.4315.258.116.982.30nr 2015/16

17.11 1.4615.738.987.641.43nr 2016/17

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

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 24: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

21.79 22.885.1022.6155.5330.063.68 2003/04 28.49 4.43

24.07 24.926.2425.8262.1433.634.43 2004/05 31.70 4.62

25.63 25.316.9427.9966.2636.024.62 2005/06 32.79 5.48

26.87 27.177.5728.6569.9437.595.48 2006/07 35.24 6.04

30.35 29.648.8432.7877.8141.436.04 2007/08 39.05 5.99

33.39 31.729.9635.2883.8444.465.99 2008/09 42.32 6.24

34.58 33.0610.3736.4487.1946.376.24 2009/10 44.07 6.68

35.36 33.9411.1937.2791.2349.196.68 2010/11 45.76 8.20

38.49 36.6112.7239.8499.2352.538.20 2011/12 50.03 9.36

42.08 40.1514.9143.16107.8256.389.36 2012/13 55.72 8.94

41.93 41.0515.8643.22110.1459.278.94 2013/14 57.61 9.31

44.77 42.9314.7147.47115.7161.639.31 2014/15 58.41 9.83

42.86 42.4416.8143.89111.5358.849.83 2015/16 60.02 7.63

46.07 45.0517.2947.49118.2064.507.63 2016/17 63.10 7.61

Oil, Coconut

1.68 1.741.411.795.583.270.63 2003/04 3.28 0.51

1.91 1.801.402.085.843.420.51 2004/05 3.29 0.47

2.04 1.781.432.055.853.340.47 2005/06 3.35 0.44

1.88 1.661.431.745.393.070.44 2006/07 3.18 0.47

1.91 1.771.511.935.783.400.47 2007/08 3.31 0.55

1.67 1.651.561.485.583.360.55 2008/09 3.24 0.86

2.30 2.091.702.176.633.470.86 2009/10 3.82 0.64

1.80 1.871.671.716.033.590.64 2010/11 3.58 0.75

1.84 1.931.551.865.983.390.75 2011/12 3.51 0.61

1.89 2.001.711.926.123.620.61 2012/13 3.75 0.46

1.74 1.751.551.915.573.380.46 2013/14 3.33 0.33

1.82 1.751.521.945.523.370.33 2014/15 3.31 0.28

1.62 1.691.541.555.213.310.28 2015/16 3.27 0.39

1.70 1.761.541.795.493.400.39 2016/17 3.34 0.36

Meal, Fish

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

3.05 0.000.052.768.554.840.66 2005/06 5.14 0.66

2.82 0.000.052.628.485.010.66 2006/07 4.97 0.90

3.15 0.000.052.879.115.070.90 2007/08 5.46 0.79

3.26 0.000.052.979.034.980.79 2008/09 5.40 0.66

2.77 0.000.052.337.474.040.66 2009/10 4.84 0.30

2.78 0.000.052.628.275.190.30 2010/11 4.91 0.74

3.04 0.000.052.698.024.230.74 2011/12 5.02 0.31

2.46 0.000.052.247.214.440.31 2012/13 4.49 0.49

2.74 0.000.052.347.234.010.49 2013/14 4.65 0.25

2.49 0.000.052.177.024.270.25 2014/15 4.66 0.19

2.42 0.000.052.046.824.210.19 2015/16 4.50 0.29

2.43 0.000.052.146.954.230.29 2016/17 4.55 0.26

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 25: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

76,605 45,53925,15882,9435035,83536,041 2003/04 53,633 4,152

95,941 50,16730,708100,7746814,15236,808 2004/05 61,777 8,289

95,671 51,89726,611104,6246648,28936,587 2005/06 63,812 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 49,34235,69497,4051,2956,90935,265 2008/09 56,091 5,620

98,951 51,48341,691105,6371,0665,62035,511 2009/10 58,402 5,544

100,432 49,32341,938106,9219455,54437,179 2010/11 57,664 7,319

92,442 50,31637,813101,0461,2857,31935,131 2011/12 57,621 5,612

93,323 50,25037,156100,5401,6055,61236,676 2012/13 57,621 5,763

99,016 51,45945,569107,8473,0685,76335,438 2013/14 58,325 3,953

116,029 55,11151,116121,8331,8513,95338,983 2014/15 63,961 6,756

115,879 55,05553,787123,7591,1246,75638,398 2015/16 63,104 6,868

127,310 57,05256,880135,7931,6156,86839,268 2016/17 65,963 12,950

Major Protein Meals

35,189 45,5394,94537,2801,845246nr 2003/04 32,062 273

39,240 50,1676,95441,0501,537273nr 2004/05 33,881 215

39,920 51,8977,60841,7981,663215nr 2005/06 33,829 361

41,440 53,4838,26443,5101,709361nr 2006/07 34,861 385

40,867 53,4958,70643,2441,992385nr 2007/08 34,204 334

37,721 49,3427,94039,8721,817334nr 2008/09 31,686 246

40,076 51,48310,30841,6661,344246nr 2009/10 31,017 341

38,055 49,3238,48840,6372,241341nr 2010/11 31,771 378

39,514 50,3169,17042,9243,032378nr 2011/12 33,418 336

38,698 50,25010,46142,4273,393336nr 2012/13 31,651 315

39,399 51,45910,80343,5123,798315nr 2013/14 32,417 292

43,278 55,11112,14447,4423,872292nr 2014/15 35,006 292

42,866 55,05511,21047,2294,071292nr 2015/16 35,715 304

43,874 57,05210,88248,3654,187304nr 2016/17 37,146 337

Major Vegetable Oils

8,772 45,53974011,6051,9119220 2003/04 10,070 795

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

10,436 51,89789913,9392,3791,1240 2005/06 11,243 1,797

10,450 53,4831,33314,7742,5271,7970 2006/07 11,700 1,741

10,544 53,4951,67915,3943,1091,7410 2007/08 12,251 1,464

9,666 49,3421,45714,3603,2301,4640 2008/09 11,166 1,737

10,058 51,4831,94815,1333,3381,7370 2009/10 11,194 1,991

9,774 49,3231,86115,3773,6121,9910 2010/11 11,793 1,723

10,030 50,3161,14615,5843,8311,7230 2011/12 12,871 1,567

10,225 50,2501,38715,5933,8011,5670 2012/13 13,062 1,144

10,422 51,4591,11615,5824,0161,1440 2013/14 13,494 972

10,935 55,1111,17516,1374,2309720 2014/15 13,676 1,286

11,203 55,0551,24917,0264,5371,2860 2015/16 14,537 1,240

11,612 57,0521,24217,6124,7601,2400 2016/17 15,121 1,249

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 26: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

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

85,016 46,16029,86088,2271523,05929,930 2004/05 51,407 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 46,34837,18690,5824395,85229,856 2011/12 48,786 4,610

82,791 45,96736,12988,5041,1034,61030,814 2012/13 48,550 3,825

91,389 47,19244,59497,1681,9543,82530,858 2013/14 50,070 2,504

106,878 50,97550,143110,2869042,50433,423 2014/15 54,955 5,188

106,857 51,33552,688112,6856405,18833,076 2015/16 54,643 5,354

117,208 52,52655,792123,2426805,35433,482 2016/17 56,015 11,435

Meal, Soybean

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 30,147 267

35,473 45,2307,70835,82080267nr 2008/09 27,899 213

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 45,96710,11136,668222272nr 2012/13 26,307 250

36,909 47,19210,50437,506347250nr 2013/14 26,775 227

40,880 50,97511,89141,409302227nr 2014/15 29,282 236

40,526 51,33510,85341,128366236nr 2015/16 30,036 239

41,196 52,52610,52341,730295239nr 2016/17 30,935 272

Oil, Soybean

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 7,506 1,213

8,954 46,34866410,235681,213nr 2011/12 8,396 1,175

8,990 45,96798110,254891,175nr 2012/13 8,522 751

9,131 47,1928529,95775751nr 2013/14 8,576 529

9,706 50,97591410,355120529nr 2014/15 8,600 841

9,957 51,3351,01610,929131841nr 2015/16 9,148 765

10,156 52,52697511,058137765nr 2016/17 9,322 761

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 February 2017Office of Global Analysis

Page 27: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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)

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 36,43242,82683,4732401,23327,700 2012/13 39,378 1,269

86,700 38,19545,74788,5485791,26930,100 2013/14 41,145 1,656

97,200 40,34854,63599,1813251,65632,100 2014/15 43,306 1,240

96,500 39,22052,10098,1203801,24033,300 2015/16 42,720 3,300

104,000 41,00059,700107,6503503,30033,900 2016/17 44,610 3,340

Meal, Soybean (Local)

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 10,800 2,283

24,720 31,89512,70927,1461432,283nr 2007/08 12,300 2,137

23,850 30,77912,15326,073862,137nr 2008/09 12,800 1,120

27,670 35,70014,14728,875851,120nr 2009/10 13,200 1,528

28,880 37,26414,45230,459511,528nr 2010/11 13,400 2,607

28,080 36,23013,85430,702152,607nr 2011/12 14,000 2,848

28,230 36,43213,61931,108302,848nr 2012/13 14,800 2,689

29,560 38,19513,72132,276272,689nr 2013/14 15,100 3,455

31,230 40,34815,10634,701163,455nr 2014/15 15,700 3,895

30,360 39,22014,65134,282273,895nr 2015/16 16,200 3,431

31,730 41,00015,50035,181203,431nr 2016/17 16,800 2,881

Oil, Soybean (Local)

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 5,395 460

6,990 36,4321,4107,4544460nr 2012/13 5,528 516

7,330 38,1951,3267,8460516nr 2013/14 5,955 565

7,740 40,3481,6508,31611565nr 2014/15 6,220 446

7,530 39,2201,2508,05175446nr 2015/16 6,420 381

7,870 41,0001,4508,29140381nr 2016/17 6,455 386

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 February 2017Office of Global Analysis

Page 28: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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)

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 37,593 2,078

46,200 31,88311,80351,2252,9472,07816,371 2007/08 33,608 5,814

32,000 28,5553,48637,9711575,81416,000 2008/09 30,405 4,080

54,500 39,19613,70158,58004,08018,600 2009/10 41,196 3,683

49,000 37,52110,38952,696133,68318,300 2010/11 39,821 2,486

40,100 30,6816,09842,58822,48617,577 2011/12 33,431 3,059

49,300 35,0097,81752,36123,05919,750 2012/13 38,209 6,335

53,400 38,5037,43359,73726,33519,250 2013/14 42,090 10,214

61,400 44,89011,66971,6493510,21419,340 2014/15 49,065 10,915

56,800 42,5008,97068,7151,00010,91519,530 2015/16 46,820 12,925

55,500 44,5009,00069,4251,00012,92519,300 2016/17 49,000 11,425

Meal, Soybean (Local)

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 1,085 2,875

23,946 30,68121,97326,82102,875nr 2011/12 1,550 3,298

27,150 35,00923,93730,44803,298nr 2012/13 1,950 4,561

29,528 38,50327,47334,08904,561nr 2013/14 2,200 4,416

34,705 44,89031,86739,12214,416nr 2014/15 2,496 4,759

32,575 42,50030,40037,33404,759nr 2015/16 2,650 4,284

34,150 44,50031,75038,43404,284nr 2016/17 2,834 3,850

Oil, Soybean (Local)

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

7,191 38,5034,2967,44926232nr 2013/14 2,843 310

8,753 44,8906,3119,0685310nr 2014/15 2,401 356

8,230 42,5005,4008,5860356nr 2015/16 2,865 321

8,600 44,5005,6508,9210321nr 2016/17 2,975 296

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 February 2017Office of Global Analysis

Page 29: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

4,485 Oilseed, Copra 4,187 4,175 4,045 4,239 4,239

13,020 Oilseed, Palm Kernel 13,851 14,403 13,637 14,996 14,996

1,023 Oilseed, Soybean 1,040 995 959 947 947

3,813 Other 3,808 3,811 3,736 3,750 3,750

22,341 Total 22,886 23,384 22,377 23,932 23,932

none

Domestic Consumption none

671 Meal, Fish 583 563 497 598 598

699 Meal, Rapeseed 802 747 420 450 410

14,737 Meal, Soybean 16,006 17,286 18,705 20,075 20,075

2,602 Other 2,714 3,042 3,201 3,151 3,151

18,709 Total 20,105 21,638 22,823 24,274 24,234

none

SME none

969 Meal, Fish 842 814 718 864 864

497 Meal, Rapeseed 571 531 299 320 292

14,737 Meal, Soybean 16,006 17,286 18,705 20,075 20,075

1,441 Other 1,479 1,614 1,697 1,660 1,662

17,644 Total 18,898 20,245 21,419 22,920 22,893

none

Imports none

221 Meal, Fish 241 223 237 223 223

695 Meal, Rapeseed 738 660 382 420 390

12,486 Meal, Soybean 13,746 15,106 15,565 17,302 17,202

454 Other 391 559 619 541 543

13,856 Total 15,116 16,548 16,803 18,486 18,358

none

Industrial Dom. Cons. none

6,381 Oil, Palm 7,470 5,995 7,780 8,000 8,000

0 Oil, Rapeseed 0 0 0 0 0

34 Oil, Soybean 36 39 42 42 42

0 Oil, Sunflowerseed 0 0 0 0 0

3,706 Other 3,870 4,032 4,129 4,237 4,237

10,121 Total 11,376 10,066 11,951 12,279 12,279

none

Food Use Dom. Cons. none

7,583 Oil, Palm 7,957 8,571 8,939 9,265 9,165

45 Oil, Rapeseed 61 54 24 40 37

494 Oil, Soybean 533 614 741 763 765

112 Oil, Sunflowerseed 112 131 131 131 131

1,481 Other 1,436 1,395 1,449 1,550 1,530

9,715 Total 10,099 10,765 11,284 11,749 11,628

none

Domestic Consumption none

14,309 Oil, Palm 15,797 15,031 17,191 17,730 17,630

45 Oil, Rapeseed 61 54 24 40 37

528 Oil, Soybean 569 653 783 805 807

112 Oil, Sunflowerseed 112 131 131 131 131

5,195 Other 5,316 5,437 5,588 5,797 5,777

20,189 Total 21,855 21,306 23,717 24,503 24,382

none

Imports none

3,040 Oil, Palm 2,920 3,762 3,391 3,745 3,645

8 Oil, Rapeseed 10 13 11 14 12

224 Oil, Soybean 292 321 276 269 269

0 Oil, Sunflowerseed 0 0 0 0 0

606 Other 509 670 549 656 656

3,878 Total 3,731 4,766 4,227 4,684 4,582

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 February 2017Office of Global Analysis

Page 30: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

1,330 Oilseed, Cottonseed 1,106 1,243 1,032 1,198 1,198

405 Oilseed, Rapeseed 420 425 400 400 400

246 Oilseed, Soybean 318 327 297 317 317

1,230 Oilseed, Sunflowerseed 1,502 1,306 1,106 1,306 1,306

120 Other 140 120 150 145 145

3,331 Total 3,486 3,421 2,985 3,366 3,366

none

Domestic Consumption none

81 Meal, Fish 86 89 105 105 105

806 Meal, Rapeseed 895 988 931 916 931

6,615 Meal, Soybean 6,838 7,225 7,663 7,995 7,995

2,504 Other 2,857 2,849 2,702 2,873 2,873

10,006 Total 10,676 11,151 11,401 11,889 11,904

none

SME none

117 Meal, Fish 124 129 152 152 152

573 Meal, Rapeseed 637 703 662 652 662

6,615 Meal, Soybean 6,838 7,225 7,663 7,995 7,995

2,148 Other 2,474 2,451 2,338 2,483 2,483

9,453 Total 10,073 10,508 10,815 11,281 11,292

none

Imports none

73 Meal, Fish 80 84 105 100 100

201 Meal, Rapeseed 295 229 236 240 240

4,808 Meal, Soybean 5,279 4,354 4,133 4,480 4,580

959 Other 1,407 1,375 1,472 1,515 1,515

6,041 Total 7,061 6,042 5,946 6,335 6,435

none

Imports none

2,353 Oil, Palm 2,362 2,126 2,248 2,435 2,435

55 Oil, Rapeseed 54 58 84 66 86

651 Oil, Soybean 643 494 405 460 460

1,238 Oil, Sunflowerseed 1,916 1,760 1,669 1,960 1,970

169 Other 183 464 175 174 174

4,466 Total 5,158 4,902 4,581 5,095 5,125

none

Industrial Dom. Cons. none

160 Oil, Palm 180 185 180 175 175

20 Oil, Rapeseed 35 35 30 30 30

67 Oil, Soybean 78 134 141 151 151

40 Oil, Sunflowerseed 30 20 20 20 20

47 Other 53 70 64 65 65

334 Total 376 444 435 441 441

none

Food Use Dom. Cons. none

1,691 Oil, Palm 1,807 1,506 1,737 1,920 1,910

290 Oil, Rapeseed 322 390 391 364 407

857 Oil, Soybean 868 963 1,024 1,096 1,076

1,704 Oil, Sunflowerseed 1,883 2,038 2,104 2,125 2,105

595 Other 636 836 623 607 607

5,137 Total 5,516 5,733 5,879 6,112 6,105

none

Domestic Consumption none

1,851 Oil, Palm 1,987 1,691 1,917 2,095 2,085

310 Oil, Rapeseed 357 425 421 394 437

939 Oil, Soybean 1,001 1,175 1,245 1,317 1,287

1,769 Oil, Sunflowerseed 1,933 2,068 2,134 2,155 2,135

651 Other 696 913 693 678 678

5,520 Total 5,974 6,272 6,410 6,639 6,622

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 February 2017Office of Global Analysis

Page 31: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

19,560 Oilseed, Rapeseed 21,306 24,577 22,194 20,000 20,100

948 Oilseed, Soybean 1,211 1,831 2,256 2,415 2,415

7,088 Oilseed, Sunflowerseed 9,054 9,000 7,625 8,300 8,400

484 Other 480 510 412 392 392

28,080 Total 32,051 35,918 32,487 31,107 31,307

none

Domestic Consumption none

551 Meal, Fish 597 529 560 550 550

13,100 Meal, Rapeseed 13,750 14,450 13,850 13,200 13,200

26,242 Meal, Soybean 28,442 29,892 31,142 31,592 31,542

9,607 Other 9,631 9,519 9,233 9,926 9,976

49,500 Total 52,420 54,390 54,785 55,268 55,268

none

SME none

796 Meal, Fish 863 764 809 795 795

9,321 Meal, Rapeseed 9,783 10,281 9,854 9,392 9,392

26,242 Meal, Soybean 28,442 29,892 31,142 31,592 31,542

7,497 Other 7,746 7,640 7,438 8,123 8,170

43,856 Total 46,833 48,578 49,244 49,902 49,899

none

Imports none

330 Meal, Fish 372 279 285 300 300

415 Meal, Rapeseed 457 453 409 400 300

16,941 Meal, Soybean 18,137 19,623 19,206 20,250 20,250

5,700 Other 5,656 5,469 5,451 5,955 5,955

23,386 Total 24,622 25,824 25,351 26,905 26,805

none

Industrial Dom. Cons. none

3,300 Oil, Palm 3,100 3,350 3,400 3,550 3,550

6,575 Oil, Rapeseed 6,865 7,245 7,200 6,900 6,900

800 Oil, Soybean 940 990 1,000 1,000 1,000

220 Oil, Sunflowerseed 250 240 200 180 180

470 Other 480 500 470 430 430

11,365 Total 11,635 12,325 12,270 12,060 12,060

none

Food Use Dom. Cons. none

3,380 Oil, Palm 3,280 3,200 3,000 2,950 2,900

2,700 Oil, Rapeseed 2,900 3,200 2,850 2,950 2,950

1,000 Oil, Soybean 1,000 1,000 1,120 1,120 1,120

3,150 Oil, Sunflowerseed 3,400 3,330 3,950 4,050 4,100

2,590 Other 2,571 2,342 2,378 2,442 2,442

12,820 Total 13,151 13,072 13,298 13,512 13,512

none

Domestic Consumption none

6,930 Oil, Palm 6,630 6,770 6,600 6,700 6,650

9,320 Oil, Rapeseed 9,815 10,495 10,100 9,900 9,900

1,850 Oil, Soybean 1,990 2,040 2,170 2,170 2,170

3,375 Oil, Sunflowerseed 3,660 3,580 4,160 4,240 4,290

3,088 Other 3,076 2,864 2,870 2,892 2,892

24,563 Total 25,171 25,749 25,900 25,902 25,902

none

Imports none

6,812 Oil, Palm 6,969 6,936 6,650 6,650 6,650

210 Oil, Rapeseed 303 261 198 300 200

322 Oil, Soybean 329 253 325 250 250

942 Oil, Sunflowerseed 1,039 829 1,392 1,400 1,400

1,662 Other 1,341 1,603 1,347 1,286 1,286

9,948 Total 9,981 9,882 9,912 9,886 9,786

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 February 2017Office of Global Analysis

Page 32: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

16,692 Oilseed, Peanut 16,972 16,482 16,440 17,000 17,000

14,007 Oilseed, Rapeseed 14,458 14,772 14,931 13,500 13,500

13,011 Oilseed, Soybean 11,951 12,154 11,785 12,900 12,900

2,323 Oilseed, Sunflowerseed 2,424 2,492 2,698 2,510 2,510

13,720 Other 12,835 11,757 9,580 9,600 9,800

59,753 Total 58,640 57,657 55,434 55,510 55,710

none

Domestic Consumption none

1,368 Meal, Fish 1,447 1,464 1,439 1,395 1,395

10,120 Meal, Rapeseed 11,287 11,032 11,254 10,029 10,029

50,091 Meal, Soybean 52,534 57,467 62,505 66,638 66,638

9,373 Other 9,360 8,761 8,263 8,414 8,497

70,952 Total 74,628 78,724 83,461 86,476 86,559

none

SME none

1,977 Meal, Fish 2,091 2,115 2,079 2,016 2,016

7,200 Meal, Rapeseed 8,031 7,849 8,007 7,136 7,136

50,091 Meal, Soybean 52,534 57,467 62,505 66,638 66,638

8,496 Other 8,491 7,996 7,705 7,852 7,931

67,764 Total 71,147 75,428 80,297 83,641 83,721

none

Imports none

981 Meal, Fish 1,041 1,031 1,042 1,000 1,000

106 Meal, Rapeseed 314 142 359 200 200

16 Meal, Soybean 20 58 24 30 30

638 Other 747 553 403 460 500

1,741 Total 2,122 1,784 1,828 1,690 1,730

none

Food Use Dom. Cons. none

4,189 Oil, Palm 3,600 3,750 2,800 3,000 3,000

2,806 Oil, Peanut 2,851 2,819 2,887 3,052 3,052

6,700 Oil, Rapeseed 7,400 7,750 8,300 8,250 8,250

12,545 Oil, Soybean 13,650 14,200 15,250 16,000 16,000

837 Oil, Sunflowerseed 1,010 998 1,379 1,325 1,325

1,759 Other 1,662 1,563 1,403 1,383 1,397

28,836 Total 30,173 31,080 32,019 33,010 33,024

none

Domestic Consumption none

6,389 Oil, Palm 5,700 5,700 4,800 5,050 5,050

2,806 Oil, Peanut 2,851 2,819 2,887 3,052 3,052

6,700 Oil, Rapeseed 7,400 7,750 8,300 8,250 8,250

12,545 Oil, Soybean 13,650 14,200 15,250 16,000 16,000

837 Oil, Sunflowerseed 1,010 998 1,379 1,325 1,325

2,379 Other 2,157 2,141 2,003 1,983 1,997

31,656 Total 32,768 33,608 34,619 35,660 35,674

none

Imports none

6,589 Oil, Palm 5,573 5,696 4,689 5,100 5,100

65 Oil, Peanut 74 141 113 130 130

1,598 Oil, Rapeseed 902 732 768 700 700

1,409 Oil, Soybean 1,353 773 586 620 620

362 Oil, Sunflowerseed 531 534 878 850 850

812 Other 671 751 777 775 775

10,835 Total 9,104 8,627 7,811 8,175 8,175

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 33: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

none

Production none

12,100 Oilseed, Cottonseed 12,950 12,525 11,208 11,463 11,463

4,334 Oilseed, Peanut 6,482 4,855 4,470 6,300 6,300

6,851 Oilseed, Rapeseed 6,650 5,080 5,920 6,800 6,800

12,186 Oilseed, Soybean 9,477 8,711 7,125 11,500 11,500

615 Oilseed, Sunflowerseed 580 383 320 400 320

720 Other 725 730 735 735 735

36,806 Total 36,864 32,284 29,778 37,198 37,118

none

Domestic Consumption none

3,957 Meal, Cottonseed 4,230 4,264 4,070 4,005 4,005

1,255 Meal, Peanut 1,630 1,242 1,107 1,442 1,442

2,230 Meal, Rapeseed 2,115 1,600 2,600 3,000 3,000

3,530 Meal, Soybean 3,640 4,500 4,710 5,200 5,200

348 Meal, Sunflowerseed 271 184 310 305 265

285 Other 304 377 434 362 362

11,605 Total 12,190 12,167 13,231 14,314 14,274

none

SME none

3,206 Meal, Cottonseed 3,428 3,455 3,298 3,245 3,245

1,411 Meal, Peanut 1,832 1,396 1,244 1,621 1,621

1,587 Meal, Rapeseed 1,505 1,138 1,850 2,135 2,135

3,530 Meal, Soybean 3,640 4,500 4,710 5,200 5,200

329 Meal, Sunflowerseed 256 174 293 288 250

128 Other 136 169 194 162 162

10,190 Total 10,797 10,832 11,589 12,651 12,613

none

Food Use Dom. Cons. none

1,195 Oil, Cottonseed 1,250 1,250 1,230 1,157 1,157

8,020 Oil, Palm 8,052 8,750 8,600 9,600 9,600

1,053 Oil, Peanut 1,237 1,040 864 1,055 1,055

2,250 Oil, Rapeseed 2,300 2,000 2,200 2,450 2,450

3,000 Oil, Soybean 3,300 4,100 5,300 5,500 5,500

1,200 Oil, Sunflowerseed 1,500 1,700 1,700 1,900 1,820

375 Other 345 380 265 290 285

17,093 Total 17,984 19,220 20,159 21,952 21,867

none

Domestic Consumption none

1,238 Oil, Cottonseed 1,295 1,295 1,275 1,202 1,202

8,240 Oil, Palm 8,302 9,150 9,100 10,150 10,150

1,063 Oil, Peanut 1,247 1,050 874 1,065 1,065

2,310 Oil, Rapeseed 2,370 2,080 2,280 2,535 2,535

3,000 Oil, Soybean 3,300 4,100 5,300 5,500 5,500

1,200 Oil, Sunflowerseed 1,500 1,700 1,700 1,900 1,820

741 Other 643 672 553 589 579

17,792 Total 18,657 20,047 21,082 22,941 22,851

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

8,364 Oil, Palm 7,820 9,139 8,857 10,000 10,000

0 Oil, Peanut 0 0 0 0 0

10 Oil, Rapeseed 155 383 383 400 400

1,081 Oil, Soybean 1,804 2,815 4,269 3,800 3,800

954 Oil, Sunflowerseed 1,516 1,575 1,492 1,800 1,800

309 Other 202 224 106 135 135

10,718 Total 11,497 14,136 15,107 16,135 16,135

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 34: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Oct - Sep Average05/06-14/15 391 401 427 427 465 510 1434 469 498 489 708

2005/06 205 202 228 227 261 383 857 261 291 292 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 5702013/14 482 487 514 517 542 524 1,300 480 466 505 8542014/15 362 356 388 401 407 482 1,294 506 432 417 749

2015/16 Oct 324 320 364 358 376 412 1,150 410 464 426 736 Nov 319 316 331 349 368 392 1,175 406 478 406 716 Dec 322 321 330 350 372 392 1,200 428 473 413 759 Jan 320 320 333 340 367 425 1,175 441 465 397 763 Feb 313 317 332 327 369 434 1,150 452 464 395 813 Mar 315 322 342 332 375 423 1,150 472 436 394 990 Apr 332 345 375 360 393 432 1,163 461 427 421 1045 May 359 377 413 402 422 425 1,200 430 428 414 963 Jun 375 412 465 455 457 430 1,260 443 429 410 1048 Jul 375 387 452 430 432 419 1,400 417 403 393 1008 Aug 365 367 427 407 413 419 1,550 437 404 419 1018 Sep 346 350 415 395 405 421 1,550 395 406 425 1025 Average 339 346 382 375 396 419 1,260 433 440 409 907

2016/17 Oct 342 348 413 386 403 421 1,550 375 413 431 964 Nov 348 358 395 386 412 410 1,600 362 423 431 1,021 Dec 354 367 396 388 420 408 1,600 379 420 439 1,127 *Jan N/A 371 402 392 425 N/A 1,650 N/A 416 446 1,225 Feb Mar Apr May Jun Jul Aug Sep Average 348 361 402 388 415 413 1,600 372 418 437 1,084

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary Sept/Oct/Nov Shipment 2/9/2017 8:17:33 AM

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

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

Soybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 35: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

Year FishBeg U.S. Brz Arg Hamb U.S. Rott HambOct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average05/06-14/15 377 356 347 410 200 242 1433

2005/06 192 176 158 215 85 122 10602006/07 226 199 181 276 116 178 12202007/08 370 337 299 469 191 298 11462008/09 365 333 290 401 168 178 11032009/10 343 327 311 391 167 222 16682010/11 381 383 386 418 242 254 1,6072011/12 434 442 442 461 272 263 1,4482012/13 516 489 506 538 266 318 1,7912013/14 540 500 509 533 263 315 1,6602014/15 406 376 386 403 231 269 1,632

2015/16 Oct 362 331 346 351 234 260 1,531 Nov 340 308 330 328 207 253 1,537 Dec 319 294 301 317 180 227 1,503 Jan 308 294 307 316 173 210 1,476 Feb 302 282 301 303 145 205 1,472 Mar 304 273 299 301 132 203 1,448 Apr 335 292 332 339 121 219 1,478 May 415 387 410 406 165 252 1,514 Jun 450 430 446 430 183 284 1,586 Jul 409 412 409 400 167 246 1,550 Aug 376 375 371 375 155 235 1,574 Sep 373 338 341 344 164 197 1,535 Average 358 335 349 351 169 233 1,517

2016/17 Oct 356 335 334 340 164 194 1,497 Nov 355 328 338 343 155 193 1,463 Dec 354 321 329 345 160 184 1,423 *Jan 356 342 354 355 175 174 1,386 Feb Mar Apr May Jun Jul Aug Sep Average 355 332 339 346 164 186 1,442

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

214

2/9/2017 8:17:33 AM

213217210216

233228218232

217239262260

231216218203

353323

257

269

195221278295

240246

249

RapeseedHamb

9/

254

129184298

314288

267244

267313309309

274262239229

416

322322295

302303366

335

166280281244

U.S.5/

285

159

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

Soybean SunseedCottonseed

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 36: February 2017 China’s Rapeseed Meal Imports Rise as Seed ... · In contrast, China’s soybean imports from October 2016 to December 2016 came in healthy around 22.0 million tons

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

Oct - Sep Average05/06-14/15 875 888 886 979 1,056 1,442 1,054 1,603 1,568 796 1,032 1,064 967

2005/06 516 474 467 573 649 896 635 981 931 416 770 583 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 1,0292013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 8692014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827

2015/16 Oct 598 673 665 742 976 1,587 883 1,272 1,314 565 802 1,108 807 Nov 582 678 675 726 996 1,422 862 1,280 1,298 541 790 1,073 803 Dec 655 677 680 761 1,066 1,367 852 1,290 1,283 539 818 1,147 843 Jan 637 658 651 727 1,043 1,279 846 1,239 1,274 550 777 1,155 880 Feb 657 680 675 758 1,015 1,196 869 1,213 1,271 613 781 1,216 888 Mar 680 691 687 761 1,019 1,186 842 1,225 1,286 654 768 1,448 905 Apr 715 740 731 796 1,044 1,186 857 1,239 1,350 707 811 1,586 929 May 678 721 710 791 1,015 1,190 868 1,353 1,600 686 808 1,445 889 Jun 669 714 709 798 1,004 1,195 851 1,347 1,700 640 792 1,586 881 Jul 634 694 688 788 987 1,217 816 1,369 1,673 615 763 1,507 857 Aug 688 753 747 814 998 1,235 815 1,345 1,650 704 819 1,529 861 Sep 705 764 752 829 973 1,235 823 1,358 1,620 716 852 1,547 840 Average 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865

2016/17 Oct 746 797 782 858 989 1,235 830 1,430 1,575 677 896 1,463 799 Nov 761 803 796 880 1,010 1,235 830 1,455 1,525 708 899 1,538 812 Dec 784 826 841 907 1,023 1,235 844 1,391 1,504 745 918 1,699 840 *Jan 740 798 812 872 982 1,235 817 1,386 1,520 759 917 1,815 835 Feb Mar Apr May Jun Jul Aug Sep Average 758 806 808 879 1,001 1,235 830 1,416 1,531 722 908 1,629 8221/ 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

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

2/9/2017 8:17:33 AM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA February 2017Office of Global Analysis