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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise three percent in 2015/16, a more modest expansion than seen over the previous two years. The larger supply is a result of record carry-over, as production is expected to fall slightly from the 2014/15 record. Soybeans represent 86 percent of the total carry-over and 60 percent of total oilseed production. The stable soybean production and larger sunflower and peanut crops only partially offset reduced rapeseed and cottonseed production. Global oilseed demand is forecast to rise, yet at a slightly slower pace than the five-year average. Soybean crush is forecast to grow five percent, on par with the past two years and above the level of a few years ago when high prices and tight supplies were limiting factors. Other oilseed crush is forecast to decline slightly in the coming year, mostly on reduced rapeseed and cottonseed crush where production growth is more limited. While overall soybean demand is forecast to grow in 2015/16, it still falls short of production and is the primary reason that global oilseed ending stocks are forecast to rise in the coming year. Ending stocks of other oilseeds, with the exception of peanuts, are expected to decline.

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Page 1: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

May 2015

Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16

Global oilseed supplies are forecast to rise three percent in 2015/16, a more modest

expansion than seen over the previous two years. The larger supply is a result of record

carry-over, as production is expected to fall slightly from the 2014/15 record. Soybeans

represent 86 percent of the total carry-over and 60 percent of total oilseed production.

The stable soybean production and larger sunflower and peanut crops only partially offset

reduced rapeseed and cottonseed production.

Global oilseed demand is forecast to rise, yet at a slightly slower pace than the five-year

average. Soybean crush is forecast to grow five percent, on par with the past two years

and above the level of a few years ago when high prices and tight supplies were limiting

factors. Other oilseed crush is forecast to decline slightly in the coming year, mostly on

reduced rapeseed and cottonseed crush where production growth is more limited. While

overall soybean demand is forecast to grow in 2015/16, it still falls short of production

and is the primary reason that global oilseed ending stocks are forecast to rise in the

coming year. Ending stocks of other oilseeds, with the exception of peanuts, are

expected to decline.

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Global protein meal consumption is forecast to rise slightly in 2015/16 due to demand in

China and other major markets. Growing soybean meal demand, which accounts for

nearly 70 percent of global consumption, is the main driver as use of other oilseed meals

is forecast to remain mostly unchanged. Total protein meal consumption is expected to

grow 3 percent with 85 percent of the growth attributed to soybean meal. Consumption

of the other main oilseed meals, sunflowerseed, rapeseed and cottonseed, will be mostly

flat to lower. Trade in protein meals is also forecast to increase, led by relatively strong

growth in soybean meal exports.

Food consumption of the nine major vegetable oils is forecast to expand 4 percent in

2015/16, reflecting population and GDP growth. Palm oil consumption continues to

grow in line with increasing production and is forecast to account for nearly 60 percent of

total oil use. Industrial use of vegetable oil is forecast to rise in response to continued

expansion in the oleo-chemical industry and domestic bio-diesel mandates in Indonesia

and Malaysia. Availability of soybean oil is forecast to increase in line with growing

crush, while supplies of sunflowerseed and rapeseed oil will remain stable. Overall,

vegetable oil consumption will exceed production, leading to an 8 percent decline in

ending stocks, the lowest in 5 years.

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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OVERVIEW

2015/16 Global soybean production is expected to remain nearly unchanged from the previous year. Import

demand is forecast to rise, driven by China and the EU. Brazil’s exports are forecast to exceed those

of the United States, aided by a favorable exchange rate and record supplies. Global supply growth is

forecast to exceed demand, leading to additional stock building. Soybean meal trade is forecast to

rise, driven by demand in the EU and Southeast Asia. Soybean oil trade is expected to grow, largely

on India’s expanding demand. The U.S. season-average farm price is projected lower at $9.00 per

bushel.

2014/15

Global soybean production is raised on a larger crop in Argentina. Exports from Brazil are lowered,

while U.S. exports are raised and expected to reach a new record. China imports have been reduced.

Global stocks are lowered, based on a series revision affecting Argentina stocks. The U.S. season-

average farm price is reduced to $10.05 per bushel.

SOYBEAN PRICES

U.S. export bids, FOB Gulf, in April

averaged $388 per ton, down $1 from

last month.

As of the week ending April 30, U.S.

2014/15 soybean commitments

(outstanding sales plus accumulated

exports) to China totaled 29.9 million

tons compared to 27.6 million a year

ago. Total commitments to the world

are 49.4 million tons, compared to

44.6 million for the same period last

year.

Significant adjustments in Argentine soybean stocks beginning in 2011/12

Over the past few years, the unique circumstances that have characterized the Argentine economy

have led to significant holding of soybeans by producers. USDA has been using a traditional

accounting of trade and crush, along with historical trends in domestic use, which has resulted in

relatively high stocks estimates. Recent indications suggest that significant quantities of soybeans

may be disappearing in the domestic market, lost through spoilage or through other marketing

channels. This month, a series revision beginning in 2011/12 is made to account for this residual use.

As a result, the current estimates of April 2015 (2014/15 local marketing year) beginning stocks have

been lowered around 3 million tons to 10.8 million. Higher residual use is also assumed for 2015/16.

See Table 23 for the revised figures.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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2015/16 OUTLOOK

Global soybean production in 2015/16 is expected to remain nearly unchanged at 317 million

tons. Harvested area is expected to grow 2 percent with increases in all major producing

countries except China where domestic policies still favor alternative crops. Elsewhere,

continued strong soybean prices relative to competing crops along with lower soybean input costs

spur additional plantings. With near record production, global supplies will continue their ascent

with the addition of record carryover from 2014/15. Total supplies are forecast to approach a

record 403 million tons. Global demand is forecast to strengthen aided by sub-ten dollar prices.

However, supply growth is expected to exceed demand for another year leading to record ending

stocks. Global trade is forecast to rise with China continuing to account for roughly 80 percent of

the increase in imports. The United States and Brazil will remain the largest exporters accounting

for a combined 80 percent market share. Brazil’s exports are expected to exceed those of the

United States aided by a favorable exchange rate and record supplies.

Global soybean meal trade is forecast to grow 5 percent in 2015/16, encouraged by lower prices

and growing imports by the European Union. In Europe, production of rapeseed and

sunflowerseed are forecast to decline leading to a greater reliance on imported soybean meal.

Much of this is expected to originate from Argentina where this year’s record crop and growing

producer sales will provide plentiful supplies for export. Similarly, India’s meal exports should

rebound with better soybean production prospects. However, export volume will remain below

historical norms due to growing domestic demand. Soybean oil exports are also forecast to grow

in 2015/16 with Argentina capturing much of the growth. Slowing expansion in bio-diesel

demand, a response to lower petroleum prices, will free up additional oil for the food market.

Lower vegetable oil prices also encourage additional consumption as consumers can trade up in

oil purchases from less expensive palm oil, while still realizing a savings.

o U.S. soybean exports are projected to decline 680,000 tons to 48.3 million, meal exports

are forecast lower at 10.7 million, down 952,000 tons, while oils exports are raised 45,000

tons to 907,000.

o Argentina’s soybean exports are projected to rise 500,000 tons to 8.5 million, meal is up

2 million to 31.0 million, and oil is up 575,000 tons to 5.1 million.

o Brazil’s soybean exports are projected up 4.1 million tons to 49.8 million, meal exports

are forecast to climb 525,000 tons to 14.5 million, and oil exports are expected to rise

80,000 tons to 1.3 million.

o China’s soybean imports are projected up 4 million tons to 77.5 million, while meal

exports fall 400,000 tons to 1.6 million. Oil imports are forecast to rise 300,000 tons to

1.3 million.

o EU’s soybean imports are projected to remain steady at 12.8 million tons with meal

imports rising 800,000 tons to 20.1 million.

Global rapeseed production is forecast to decline 3.5 million tons in 2015/16 as a slight decrease

in area reduces total output to 68.1 million tons. Area is forecast to decline in most major

producing countries where large stocks remain from previous harvests. The exception is India

where area and production are forecast to rise following last season’s smaller crop. Rapeseed

trade is forecast to decline as a large carryover will reduce import demand in China and the

European Union, causing a drop in Canada and Ukraine exports. Canada’s crush is expected to

remain nearly unchanged at 7.1 million tons as competition from growing soybean meal and oil

supplies in the United States limits growth in their primary export market.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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o U.S. rapeseed imports are projected up 90,000 tons to 929,000; meal nearly unchanged at

3.4 million, and oil up 75,000 tons to 1.6 million.

o Canada’s rapeseed exports are projected to decline 600,000 tons to 8.2 million tons, meal

unchanged at 3.5 million tons, and oil up 70,000 tons to 2.5 million.

o China’s rapeseed imports are projected down 500,000 tons to 3.6 million and oil up

50,000 tons to 900,000.

Global sunflowerseed production in 2015/16 is

expected to remain steady at 39.9 million tons.

Crush is forecast to grow 1 percent as Russia and

Argentina increase processing to satisfy demand for

meal and oil in export markets. Expanded crush

volumes in Argentina and Russia more than offset

reduced crush in Ukraine and the EU. Global

stocks at the end of 2015/16 are forecast to decline

29 percent to 1.7 million tons. Global trade of

sunflowerseed meal is forecast to increase slightly

driven by strong demand in the European Union.

Global sunflowerseed oil trade is forecast to rise,

supported by strong demand in India, the Middle

East, and the EU. Global stocks of oil at the end of

2015/16 are expected to fall 26 percent to 1.2

million tons.

o Ukraine’s meal exports are projected down 50,000 tons to 3.7 million with oil down

100,000 tons to 3.6 million.

o Russia’s meal exports are projected unchanged at 1.5 million tons, while oil exports are

projected to climb 50,000 tons to 1.5 million.

o EU meal and oil imports are forecast to rise 50,000 tons each to 3.4 million and 900,000

tons, respectively.

o China’s and India’s oil imports are projected flat at 400,000 tons and 1.5 million tons

respectively.

o U.S. sunflowerseed exports remain steady at 123,000 tons.

Global palm oil production in 2015/16 is forecast to exceed the prior year’s record by 6 percent,

with Malaysia expected to rebound following this year’s production decline. Palm oil remains the

dominant food oil, representing a third of total vegetable oil consumption. In addition, industrial

applications for palm oil are expanding, particularly in Indonesia and Malaysia. With lower

petroleum prices, the demand for imported biodiesel has slowed leading Indonesia to aggressively

promote further domestic consumption. Global palm oil trade is forecast to rebound from the

prior year’s contraction, reaching a new record primarily on rising demand in South and East

Asia.

o Indonesia’s exports are forecast up 1.0 million tons to 23.5 million, while Malaysia’s are

up 800,000 tons to 18.0 million.

o India’s imports are forecast up 600,000 tons to 9.5 million; China’s are up 450,000 tons

to 5.8 million, Pakistan’s are up 250,000 tons at 3.0 million; Bangladesh’s are up

150,000 to 1.4 million tons, while EU is unchanged at 6.8 million.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Global palm kernel production in

2015/16 is up, reflecting the larger oil

palm crop. Trade remains relatively

small as most seed is crushed locally.

Palm kernel meal trade is forecast to rise

with New Zealand emerging as the largest

importer due to continued growth in their

dairy industry. In contrast, EU imports

are expected to remain flat, reflecting

ample supplies of alternative feed

ingredients. Palm kernel oil imports are

forecast to grow modestly on account of

growing markets in China and India.

o Indonesia’s meal exports are up 200,000 tons to 4.1 million, and oil exports up 50,000

tons to 1.7 million.

o Malaysia’s meal exports are up 50,000 tons to 2.5 million, while oil exports are

unchanged at 1.1 million tons.

o EU meal and oil imports remain steady at 2.1 million and 580,000 tons, respectively.

o New Zealand’s meal imports are up 200,000 tons to 2.4 million.

o China’s oil imports are up 75,000 tons to 650,000, while U.S. imports remain steady at

304,000 tons.

Global copra production in 2015/16 is forecast to increase slightly, mostly on an improved

harvest in the Philippines. Global trade remains small at less than 100,000 tons and is expected to

decline slightly on reduced trade from Indonesia. Copra crush is forecast to rise with larger

production leading to a modest increase in meal and oil. However, output is expected to remain

below the earlier levels as the impact of Typhoon Haiyan in the Philippines continues. Copra

meal and coconut oil trade are forecast to remain relatively flat. Growing demand for coconut

oil, with limited prospects for increasing trade, will continue to pressure stocks lower and help

keep premiums for coconut oil strong.

o Philippine copra meal and coconut oil exports are unchanged at 500,000 and 800,000

tons, respectively.

o Indonesia’s copra meal exports are unchanged at 230,000 tons, and coconut oil is

increased by 10,000 tons to 690,000.

o South Korea’s copra meal imports are 20,000 tons higher to 440,000.

o EU coconut oil imports are raised 10,000 tons to 570,000, while the United States

remains unchanged at 556,000 tons.

Global peanut production in 2015/16 is forecast to approach the record 41.1 million tons set in

2013/14. This is 1.9 million tons higher than last year and reflects a rebound in India and Sudan.

More modest production growth is forecast for China, Argentina and the United States. Global

peanut trade is expected to recover with the increased supplies as exports are forecast to rise

219,000 tons to 2.9 million. Import growth is expected to climb in line with historical trends

leading to an increase in global ending stocks to a record 2.5 million tons.

o U.S. exports are forecast to rise slightly to 528,000 tons.

o Argentina’s exports are up 50,000 tons to 750,000 on higher supplies.

o China’s exports are up 80,000 tons to 530,000.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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o India’s exports are up 75,000 tons to 650,000 due to increased supplies.

o EU peanut imports are nearly unchanged at 825,000 tons.

Weakness in the global cotton market is forecast

to reduce cotton area and cottonseed production

in 2015/16, with the most significant declines in

China. Global cottonseed production is forecast to

fall to 42 million tons, the lowest in 5 years as all

major producers are forecast to have significantly

smaller crops. Cottonseed crush is down, leading

to reduced supplies of meal and oil.

o Australia’s cottonseed exports are down

50,000 tons to 300,000.

o U.S. cottonseed exports are down 45,000

tons to 204,000.

Global olive oil production is forecast to recover

in 2015/16 and reach 2.9 million tons. Supplies in

the EU are expected to be sufficient to meet

domestic and export demand. U.S. imports are

forecast to increase slightly after falling in

2014/15 in response to the shortage in EU

production and the sharp increase in price. Global

stocks at the end of 2015/16 are forecast to grow

nearly 50 percent to 171,000 tons.

o EU exports are up 40,000 tons to 600,000,

while Tunisia’s are forecast to drop

80,000 tons to 150,000.

o U.S. imports are projected to increase 5,000 tons to 311,000.

Global fish meal production and trade is expected

to remain relatively flat in 2015/16. Peru’s catch

is forecast to remain nearly unchanged, yet

continue below historical norms. Demand growth

is forecast to continue in Asia, although the

premium for fishmeal over alternative protein

meals is expected to remain high.

o Peru’s exports are down 25,000 tons to

825,000.

o Chile’s exports are up 5,000 tons to

275,000.

o China’s imports are raised 50,000 tons to

950,000.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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2014/15 TRADE OUTLOOK

United States soybean exports are up 272,000 tons to 49.0 million on strong export

commitments.

Argentina’s soybean meal exports are up 155,000 tons to 29.0 million due to increased crush and

availability of meal.

Brazil’s

o Soybean exports are cut 350,000 tons to 45.7 million on relatively weak early season

exports.

o Soybean meal exports are down 150,000 tons to 14.0 million on a weaker export pace.

Canada’s rapeseed oil exports are lowered 250,000 tons to 2.4 million on lower monthly imports.

China’s

o Soybean imports are lowered 500,000 tons to 73.5 million on a slower pace of trade.

o Soybean meal exports are raised 200,000 tons to 2 million on stronger exports to the

Southeast Asia.

o Palm oil imports are down 400,000 tons to 5.3 million on markedly lower monthly

imports.

India’s soybean meal exports are down 100,000 tons to 1.4 million on strengthening domestic

use and limited prospects for exports, given the relatively high prices.

Iran’s soybean imports are increased 250,000 tons to 500,000 on recent trade trends. Soybean

meal and oil imports were reduced in concert, leaving total soybean meal and oil consumption

unchanged.

Malaysia’s palm oil imports are raised 225,000 tons to 600,000 on additional import demand in

the first part of the year as production lagged.

Philippines’ palm oil imports are up 370,000 tons to 400,000. The import and consumption

series were revised from MY 2000/01 to present to reflect data and trends from trade partners.

South Korea’s soybean imports are down 100,000 tons to 1.2 million, while soybean meal

imports down 180,000 tons to 1.7 million on reduced protein meal demand and limited trade to

date.

Thailand’s palm oil exports were cut by half to 200,000 tons, reflecting higher domestic use and

limited supplies.

Turkey’s o Sunflowerseed imports are cut 200,000 tons to 500,000 on weaker trade to date.

o Soybean meal imports are cut 140,000 tons to 600,000, while soybean imports are raised

300,000 tons to 2.1 million on increasing crushing capacity as well as protein feed

demand.

o Soybean exports are raised 100,000 tons on growing trade with Iran.

Tunisia’s olive oil exports are up 120,000 tons to 230,000 on a higher olive crop.

Vietnam’s soybean meal imports are up 250,000 tons to 3.8 million on continued strengthening

of feed demand for the livestock, poultry, and aquaculture industries.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Questions may be directed to:

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

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

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

To download the tables in the publication, go to Production, Supply and Distribution Database

(PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click

the plus sign [+] next to Oilseeds.

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD)

database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and

Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases:

Current World Markets and Trade and World Agricultural Production Reports:

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

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx

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 May 2015Office of Global Analysis

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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 May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

5.79 Oilseed, Copra 5.59 5.79 5.43 5.43 5.51

44.41 Oilseed, Cottonseed 48.26 46.26 45.93 44.81 42.05

12.99 Oilseed, Palm Kernel 13.86 14.91 15.79 16.35 17.14

39.84 Oilseed, Peanut 38.42 40.42 41.06 39.27 41.14

60.56 Oilseed, Rapeseed 61.57 63.69 71.38 71.66 68.12

264.35 Oilseed, Soybean 240.43 268.82 283.25 317.25 317.30

33.08 Oilseed, Sunflowerseed 39.69 35.98 42.87 39.89 39.89

461.02 Total 447.82 475.87 505.71 534.67 531.16

none

Imports none

0.14 Oilseed, Copra 0.08 0.04 0.09 0.09 0.09

0.85 Oilseed, Cottonseed 1.12 1.07 0.87 0.73 0.69

0.01 Oilseed, Palm Kernel 0.03 0.06 0.06 0.05 0.06

2.33 Oilseed, Peanut 2.36 2.35 2.41 2.42 2.46

10.10 Oilseed, Rapeseed 13.18 12.66 15.23 14.15 13.38

88.76 Oilseed, Soybean 93.45 95.91 111.25 114.15 119.63

1.57 Oilseed, Sunflowerseed 1.64 1.31 1.56 1.43 1.37

103.75 Total 111.87 113.39 131.47 133.02 137.68

none

Exports none

0.11 Oilseed, Copra 0.11 0.07 0.10 0.09 0.09

1.02 Oilseed, Cottonseed 1.15 0.92 0.84 0.71 0.58

0.01 Oilseed, Palm Kernel 0.04 0.05 0.05 0.05 0.04

2.88 Oilseed, Peanut 2.98 2.65 2.89 2.72 2.94

10.87 Oilseed, Rapeseed 12.92 12.45 14.96 14.31 13.36

91.70 Oilseed, Soybean 92.16 100.53 112.94 117.50 121.98

1.78 Oilseed, Sunflowerseed 1.92 1.44 1.95 1.86 1.68

108.37 Total 111.27 118.12 133.72 137.24 140.67

none

Crush none

5.86 Oilseed, Copra 5.53 5.87 5.42 5.40 5.47

32.72 Oilseed, Cottonseed 34.59 34.58 34.24 34.29 32.66

12.85 Oilseed, Palm Kernel 13.73 14.79 15.69 16.28 17.06

16.58 Oilseed, Peanut 16.59 17.36 17.70 17.59 17.82

57.91 Oilseed, Rapeseed 60.56 62.42 66.75 68.21 66.77

221.22 Oilseed, Soybean 228.32 230.17 240.61 254.48 266.22

29.39 Oilseed, Sunflowerseed 35.72 31.98 38.43 36.36 36.64

376.52 Total 395.04 397.15 418.85 432.60 442.65

none

Ending Stocks none

0.28 Oilseed, Copra 0.29 0.13 0.09 0.09 0.08

1.35 Oilseed, Cottonseed 1.99 1.54 2.13 1.74 1.24

0.28 Oilseed, Palm Kernel 0.28 0.29 0.28 0.24 0.22

2.37 Oilseed, Peanut 1.64 2.25 2.37 1.96 2.49

8.33 Oilseed, Rapeseed 6.58 5.02 7.00 7.13 5.46

70.83 Oilseed, Soybean 54.15 56.47 63.40 85.54 96.22

2.44 Oilseed, Sunflowerseed 2.35 2.61 2.89 2.41 1.72

85.87 Total 67.28 68.30 78.16 99.10 107.43

Totals may not add due to rounding

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

1.94 Meal, Copra 1.83 1.94 1.81 1.79 1.81

14.96 Meal, Cottonseed 15.84 15.77 15.68 15.68 14.92

5.02 Meal, Fish 4.18 4.37 4.14 4.29 4.25

6.79 Meal, Palm Kernel 7.27 7.83 8.35 8.65 9.08

6.46 Meal, Peanut 6.47 6.75 6.90 6.86 6.98

34.04 Meal, Rapeseed 35.69 36.90 39.42 40.25 39.33

174.43 Meal, Soybean 180.44 181.24 189.01 200.92 209.80

13.00 Meal, Sunflowerseed 15.66 14.02 16.79 15.96 16.10

256.64 Total 267.38 268.82 282.09 294.40 302.25

none

Imports none

0.55 Meal, Copra 0.79 0.85 0.51 0.61 0.65

0.40 Meal, Cottonseed 0.42 0.40 0.35 0.35 0.35

2.66 Meal, Fish 2.92 2.35 2.62 2.47 2.50

4.57 Meal, Palm Kernel 5.00 5.35 5.42 5.49 5.71

0.12 Meal, Peanut 0.04 0.03 0.08 0.05 0.05

4.92 Meal, Rapeseed 5.14 5.18 5.92 5.74 5.92

56.91 Meal, Soybean 56.98 53.83 57.94 60.50 63.77

3.86 Meal, Sunflowerseed 6.10 4.72 5.54 5.58 5.75

73.98 Total 77.39 72.71 78.38 80.78 84.70

none

Exports none

0.59 Meal, Copra 0.79 1.09 0.73 0.74 0.74

0.50 Meal, Cottonseed 0.57 0.54 0.36 0.36 0.34

2.49 Meal, Fish 2.59 2.13 2.18 2.19 2.15

5.20 Meal, Palm Kernel 5.85 6.11 6.38 6.51 6.76

0.15 Meal, Peanut 0.07 0.07 0.07 0.08 0.08

5.17 Meal, Rapeseed 5.48 5.46 6.07 5.90 5.93

58.55 Meal, Soybean 58.27 57.93 60.00 64.07 66.81

4.59 Meal, Sunflowerseed 6.76 5.10 6.20 6.05 6.11

77.24 Total 80.37 78.43 82.01 85.90 88.91

none

Domestic Consumption none

1.81 Meal, Copra 1.75 1.79 1.61 1.70 1.74

14.90 Meal, Cottonseed 15.63 15.64 15.69 15.66 14.96

4.77 Meal, Fish 4.92 4.49 4.66 4.60 4.66

6.22 Meal, Palm Kernel 6.55 7.09 7.23 7.53 7.89

6.42 Meal, Peanut 6.47 6.73 6.91 6.83 6.95

33.71 Meal, Rapeseed 35.32 36.80 39.21 40.01 39.30

170.99 Meal, Soybean 177.63 177.41 185.90 196.68 207.13

12.24 Meal, Sunflowerseed 14.53 14.42 15.63 15.63 15.93

251.05 Total 262.79 264.36 276.83 288.64 298.57

none

Ending Stocks none

0.13 Meal, Copra 0.21 0.12 0.10 0.07 0.05

0.16 Meal, Cottonseed 0.22 0.21 0.18 0.19 0.17

0.61 Meal, Fish 0.20 0.31 0.22 0.19 0.14

0.25 Meal, Palm Kernel 0.13 0.11 0.27 0.36 0.50

0.07 Meal, Peanut 0.04 0.03 0.04 0.04 0.04

0.53 Meal, Rapeseed 0.57 0.39 0.45 0.53 0.54

8.48 Meal, Soybean 10.00 9.72 10.77 11.44 11.06

0.66 Meal, Sunflowerseed 1.13 0.35 0.85 0.70 0.50

10.89 Total 12.50 11.25 12.87 13.50 12.99

Totals may not add due to rounding

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

3.68 Oil, Coconut 3.43 3.65 3.38 3.35 3.39

4.99 Oil, Cottonseed 5.27 5.25 5.18 5.20 4.96

3.27 Oil, Olive 3.45 2.45 3.14 2.33 2.86

49.24 Oil, Palm 52.58 56.59 59.54 61.65 65.17

5.75 Oil, Palm Kernel 6.17 6.58 6.98 7.27 7.55

5.31 Oil, Peanut 5.30 5.51 5.64 5.59 5.69

23.04 Oil, Rapeseed 24.10 24.90 26.60 27.21 26.65

41.37 Oil, Soybean 42.73 43.08 44.89 47.39 49.64

12.21 Oil, Sunflowerseed 14.74 13.26 15.96 15.10 15.22

148.85 Total 157.77 161.27 171.31 175.09 181.12

none

Imports none

1.78 Oil, Coconut 1.82 1.87 1.68 1.71 1.70

0.07 Oil, Cottonseed 0.08 0.08 0.06 0.07 0.05

0.56 Oil, Olive 0.63 0.65 0.58 0.67 0.63

36.61 Oil, Palm 38.84 41.82 41.82 42.63 44.60

2.43 Oil, Palm Kernel 2.52 2.75 2.35 2.47 2.56

0.20 Oil, Peanut 0.16 0.15 0.18 0.20 0.20

3.33 Oil, Rapeseed 4.01 3.87 3.77 3.83 4.08

9.51 Oil, Soybean 7.96 8.49 9.35 9.40 10.19

3.71 Oil, Sunflowerseed 5.69 4.96 6.68 6.32 6.45

58.19 Total 61.71 64.64 66.49 67.29 70.46

none

Exports none

1.71 Oil, Coconut 1.86 1.91 1.73 1.72 1.71

0.14 Oil, Cottonseed 0.17 0.16 0.14 0.13 0.13

0.76 Oil, Olive 0.87 0.87 0.84 0.86 0.82

37.29 Oil, Palm 39.84 43.22 43.33 43.88 45.63

2.89 Oil, Palm Kernel 2.84 3.25 2.85 3.06 3.12

0.18 Oil, Peanut 0.18 0.17 0.20 0.21 0.20

3.42 Oil, Rapeseed 3.97 3.94 3.81 3.90 3.99

9.64 Oil, Soybean 8.47 9.36 9.37 9.77 10.63

4.53 Oil, Sunflowerseed 6.47 5.48 7.76 6.88 6.99

60.56 Total 64.67 68.36 70.02 70.41 73.21

none

Domestic Consumption none

3.65 Oil, Coconut 3.54 3.75 3.42 3.44 3.47

4.81 Oil, Cottonseed 5.18 5.22 5.11 5.14 4.92

3.05 Oil, Olive 3.07 2.66 2.85 2.54 2.61

47.82 Oil, Palm 50.47 55.23 57.83 60.70 64.48

5.18 Oil, Palm Kernel 5.74 6.15 6.50 6.85 7.06

5.29 Oil, Peanut 5.33 5.51 5.65 5.58 5.69

23.27 Oil, Rapeseed 23.66 23.73 25.65 27.34 27.46

40.73 Oil, Soybean 42.18 42.60 45.33 47.06 48.94

11.75 Oil, Sunflowerseed 12.96 13.21 14.54 14.87 15.10

145.55 Total 152.12 158.05 166.88 173.53 179.72

none

Ending Stocks none

0.75 Oil, Coconut 0.60 0.47 0.38 0.28 0.19

0.27 Oil, Cottonseed 0.27 0.22 0.22 0.21 0.17

0.77 Oil, Olive 0.91 0.48 0.52 0.12 0.17

6.40 Oil, Palm 7.51 7.47 7.67 7.38 7.04

0.80 Oil, Palm Kernel 0.91 0.84 0.82 0.66 0.58

0.14 Oil, Peanut 0.08 0.06 0.04 0.04 0.04

1.26 Oil, Rapeseed 1.75 2.85 3.75 3.55 2.83

4.10 Oil, Soybean 4.14 3.75 3.30 3.26 3.53

1.11 Oil, Sunflowerseed 2.11 1.64 1.99 1.66 1.24

15.59 Total 18.28 17.78 18.69 17.14 15.79

Totals may not add due to rounding

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

100.43 United States 92.44 93.32 99.02 117.17 114.08

79.04 Brazil 70.24 84.76 90.24 97.62 100.06

54.21 Argentina 44.82 53.68 57.02 62.73 61.01

58.06 China 59.60 59.79 58.89 57.56 55.38

35.89 India 37.11 37.52 36.80 35.63 38.14

133.39 Other 143.62 146.80 163.75 163.97 162.50

461.02 Total 447.82 475.87 505.71 534.67 531.16

Imports none

53.66 China 62.29 63.52 75.60 77.73 81.25

16.23 European Union 16.89 17.02 17.66 16.71 16.53

5.36 Mexico 5.39 5.08 5.58 5.81 5.84

5.47 Japan 5.34 5.54 5.49 5.52 5.52

2.34 Turkey 2.03 2.02 2.40 3.06 3.07

2.19 Indonesia 2.15 2.14 2.58 2.70 2.87

2.46 Taiwan 2.29 2.29 2.34 2.36 2.39

2.22 Thailand 1.99 1.96 1.88 2.09 2.19

1.70 Egypt 1.73 1.80 1.74 1.95 2.02

0.95 United States 1.31 1.77 3.17 1.85 1.85

11.16 Other 10.46 10.25 13.01 13.25 14.16

103.75 Total 111.87 113.39 131.47 133.02 137.68

Exports none

30.07 Brazil 36.35 42.02 46.99 45.77 49.87

41.94 United States 37.78 36.87 45.79 50.03 49.31

10.20 Canada 11.66 10.63 12.69 12.55 12.05

10.02 Argentina 8.10 8.41 8.49 8.79 9.34

5.27 Paraguay 3.61 5.54 4.82 4.83 4.63

2.85 Ukraine 2.83 2.72 3.57 4.00 4.35

1.82 Uruguay 2.61 3.53 3.24 3.28 3.28

6.20 Other 8.34 8.39 8.13 8.00 7.84

108.37 Total 111.27 118.12 133.72 137.24 140.67

Crush none

87.41 China 96.29 102.64 107.63 111.68 113.48

49.32 United States 50.32 50.23 51.47 53.38 54.09

41.58 Argentina 39.95 36.25 38.77 42.60 45.60

40.06 European Union 41.06 42.07 45.33 46.11 45.30

39.37 Brazil 41.17 37.71 39.14 40.27 41.12

28.77 India 28.59 29.30 28.70 27.78 29.48

7.83 Russia 11.96 11.05 13.85 13.75 14.15

8.49 Ukraine 10.28 9.20 12.28 11.48 11.40

7.68 Indonesia 8.35 8.99 9.66 10.29 10.80

7.74 Canada 8.41 8.27 8.52 8.68 8.75

5.73 Mexico 5.86 5.70 6.08 6.47 6.52

4.82 Pakistan 5.60 5.30 5.58 6.02 6.08

4.96 Malaysia 4.99 5.34 5.53 5.54 5.72

4.52 Japan 4.35 4.38 4.40 4.45 4.45

1.78 Paraguay 1.07 3.17 3.49 3.81 4.32

36.48 Other 36.81 37.57 38.45 40.32 41.38

376.52 Total 395.04 397.15 418.85 432.60 442.65

Ending Stocks none

22.49 Argentina 16.65 22.44 27.46 33.46 34.10

23.93 Brazil 13.32 15.42 16.72 25.10 31.15

7.32 United States 5.61 5.76 3.95 10.95 15.11

16.12 China 17.05 13.17 15.56 15.27 14.52

3.97 European Union 4.95 3.71 3.34 4.04 2.88

12.04 Other 9.70 7.80 11.14 10.28 9.66

85.87 Total 67.28 68.30 78.16 99.10 107.43

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

60.56 China 66.95 71.34 75.20 78.73 80.53

38.06 United States 39.51 38.69 39.41 41.89 41.89

31.12 Argentina 29.74 27.26 29.09 31.96 34.39

29.65 Brazil 31.02 28.51 29.47 30.43 31.07

25.79 European Union 26.28 27.21 29.10 29.60 29.15

71.48 Other 73.89 75.81 79.81 81.80 85.23

256.64 Total 267.38 268.82 282.09 294.40 302.25

Imports none

26.95 European Union 28.20 23.38 24.66 25.57 26.42

3.32 Indonesia 3.53 3.62 4.23 4.50 4.96

2.96 Vietnam 2.52 3.36 3.59 4.08 4.61

2.24 United States 3.03 3.39 3.76 3.78 3.76

3.08 Korea, South 3.38 3.54 3.68 3.58 3.63

2.75 Thailand 3.36 3.26 3.14 3.42 3.53

1.88 Iran 2.38 2.17 2.78 2.66 2.81

30.81 Other 30.99 29.98 32.55 33.19 35.00

73.98 Total 77.39 72.71 78.38 80.78 84.70

Exports none

28.39 Argentina 26.93 24.03 25.38 29.38 31.51

13.99 Brazil 14.68 13.24 13.95 13.95 14.48

8.49 United States 9.17 10.49 10.78 11.90 10.96

3.14 Indonesia 3.68 3.80 3.93 4.14 4.34

2.93 Ukraine 3.86 3.07 3.81 4.00 4.01

3.22 Canada 3.52 3.60 3.67 3.71 3.72

6.33 India 5.49 5.46 4.12 2.40 3.55

10.76 Other 13.04 14.76 16.37 16.44 16.36

77.24 Total 80.37 78.43 82.01 85.90 88.91

Domestic Consumption none

63.00 China 67.89 70.89 74.54 77.73 80.09

51.46 European Union 52.64 50.39 52.42 53.74 54.44

31.77 United States 33.41 31.62 32.41 33.72 34.69

15.44 Brazil 15.61 15.41 15.89 16.07 16.53

10.94 India 11.48 11.99 12.74 13.41 13.97

5.74 Mexico 5.82 5.61 5.95 6.21 6.48

3.68 Indonesia 3.91 4.33 4.91 5.48 5.97

3.44 Vietnam 3.67 4.14 4.59 5.14 5.71

3.99 Russia 4.38 4.49 4.85 5.19 5.59

4.85 Thailand 5.21 5.22 4.92 5.17 5.41

56.75 Other 58.78 60.29 63.62 66.79 69.70

251.05 Total 262.79 264.36 276.83 288.64 298.57

SME none

60.27 China 65.06 67.93 71.31 74.60 77.16

46.52 European Union 47.19 44.74 46.84 48.12 48.93

30.92 United States 32.36 30.43 31.12 32.42 33.37

15.16 Brazil 15.32 15.18 15.64 15.83 16.29

9.57 India 10.05 10.51 11.24 11.80 12.40

5.38 Mexico 5.44 5.26 5.62 5.87 6.15

3.25 Vietnam 3.47 3.89 4.37 4.89 5.45

64.68 Other 67.73 69.29 72.93 76.83 80.63

235.74 Total 246.63 247.25 259.06 270.36 280.39

Ending Stocks none

2.52 Argentina 3.18 3.94 4.93 4.51 4.17

2.45 Brazil 3.21 3.11 2.76 3.19 3.29

0.44 Indonesia 0.46 0.43 0.62 0.62 0.73

0.88 European Union 1.23 0.29 0.56 0.75 0.71

0.38 United States 0.34 0.31 0.29 0.34 0.34

4.23 Other 4.08 3.18 3.71 4.10 3.76

10.89 Total 12.50 11.25 12.87 13.50 12.99

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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

Million Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

27.24 Indonesia 30.13 32.73 35.03 37.78 40.01

19.02 China 21.00 22.40 23.61 24.28 24.53

20.39 Malaysia 20.42 21.63 22.57 22.25 23.47

16.27 European Union 16.89 16.06 18.22 17.58 17.81

9.77 United States 10.03 10.23 10.44 10.68 10.96

8.79 Argentina 8.48 7.42 7.81 8.69 9.29

7.80 Brazil 8.21 7.59 7.88 8.09 8.25

39.55 Other 42.62 43.21 45.77 45.73 46.81

148.85 Total 157.77 161.27 171.31 175.09 181.12

Imports none

8.58 India 10.01 10.71 11.54 12.88 14.03

8.53 European Union 9.12 9.93 9.86 9.58 9.49

8.39 China 9.23 10.79 9.07 8.38 9.25

3.61 United States 3.83 3.80 4.02 4.00 4.09

2.12 Pakistan 2.26 2.30 2.87 2.79 3.01

2.42 Egypt 2.31 1.91 2.15 2.31 2.34

1.38 Bangladesh 1.41 1.43 1.71 1.76 1.93

1.45 Iran 1.35 1.43 1.58 1.62 1.65

0.86 Turkey 1.11 1.26 1.37 1.32 1.50

2.38 Malaysia 2.65 1.50 0.85 1.10 1.00

18.48 Other 18.43 19.58 21.48 21.57 22.18

58.19 Total 61.71 64.64 66.49 67.29 70.46

Exports none

18.46 Indonesia 20.73 22.64 23.94 24.84 25.90

18.57 Malaysia 18.98 19.99 18.75 18.63 19.43

5.59 Argentina 4.65 4.66 4.53 4.99 5.69

2.70 Ukraine 3.33 3.32 4.36 3.95 3.87

2.49 Canada 2.75 2.63 2.45 2.52 2.59

0.41 Russia 1.80 1.27 2.41 2.14 2.20

1.62 European Union 2.01 2.43 2.31 2.14 2.17

10.73 Other 10.42 11.42 11.27 11.21 11.37

60.56 Total 64.67 68.36 70.02 70.41 73.21

Domestic Consumption none

27.99 China 29.34 31.17 32.35 33.10 34.25

24.14 European Union 23.87 24.18 25.17 25.42 25.21

15.91 India 16.84 17.89 19.16 20.07 21.51

7.95 Indonesia 8.92 9.90 11.11 12.98 14.10

11.91 United States 12.78 13.03 13.52 13.56 13.78

6.35 Brazil 6.66 6.77 7.09 7.35 7.41

3.67 Malaysia 3.70 3.97 4.39 4.74 5.05

3.23 Pakistan 3.48 3.60 3.93 4.18 4.37

3.05 Argentina 3.60 2.92 3.44 3.63 3.69

3.14 Russia 3.21 3.36 3.41 3.52 3.63

2.23 Mexico 2.30 2.36 2.38 2.52 2.55

2.38 Egypt 2.46 2.43 2.36 2.47 2.51

1.94 Thailand 1.99 2.13 2.49 2.29 2.45

1.75 Turkey 1.80 1.87 2.04 2.24 2.43

2.20 Japan 2.16 2.19 2.22 2.24 2.27

27.73 Other 29.02 30.29 31.82 33.24 34.53

145.55 Total 152.12 158.05 166.88 173.53 179.72

Ending Stocks none

0.88 China 1.69 3.62 3.83 3.24 2.66

2.54 Malaysia 2.93 2.11 2.39 2.38 2.37

1.37 Indonesia 1.88 2.13 2.17 2.17 2.21

1.61 European Union 1.75 1.14 1.73 1.33 1.25

1.27 India 1.44 1.54 1.22 1.07 1.05

7.92 Other 8.59 7.25 7.35 6.96 6.26

15.59 Total 18.28 17.78 18.69 17.14 15.79

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

90,663 United States 84,291 82,791 91,389 108,014 104,780

75,300 Brazil 66,500 82,000 86,700 94,500 97,000

49,000 Argentina 40,100 49,300 53,500 58,500 57,000

15,080 China 14,485 13,050 12,200 12,350 11,500

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

7,128 Paraguay 4,043 8,202 8,200 8,500 8,800

4,445 Canada 4,467 5,086 5,359 6,050 6,200

12,629 Other 14,841 16,195 16,405 19,539 20,520

264,345 Total 240,427 268,824 283,253 317,253 317,300

Imports none

52,339 China 59,231 59,865 70,364 73,500 77,500

12,472 European Union 12,070 12,538 12,985 12,750 12,800

3,498 Mexico 3,606 3,409 3,842 4,000 4,050

2,917 Japan 2,759 2,830 2,894 2,850 2,850

1,898 Indonesia 1,922 1,795 2,241 2,350 2,500

2,454 Taiwan 2,285 2,286 2,335 2,350 2,380

2,139 Thailand 1,907 1,867 1,798 2,000 2,100

1,351 Turkey 1,057 1,249 1,608 2,100 2,100

1,644 Egypt 1,649 1,730 1,694 1,880 1,950

1,000 Russia 741 691 1,931 1,500 1,600

7,048 Other 6,226 7,645 9,559 8,867 9,801

88,760 Total 93,453 95,905 111,251 114,147 119,631

Exports none

29,951 Brazil 36,257 41,904 46,829 45,650 49,750

40,959 United States 37,156 35,846 44,815 48,988 48,308

9,205 Argentina 7,368 7,738 7,842 8,000 8,500

5,226 Paraguay 3,574 5,518 4,800 4,800 4,600

2,943 Canada 2,933 3,470 3,471 3,700 3,800

3,418 Other 4,869 6,058 5,181 6,359 7,019

91,702 Total 92,157 100,534 112,938 117,497 121,977

Crush none

55,000 China 60,970 64,950 68,850 73,850 77,100

44,851 United States 46,348 45,967 47,192 49,124 49,668

37,614 Argentina 35,886 33,611 36,171 39,600 42,500

36,330 Brazil 38,083 35,235 36,276 37,600 38,500

12,430 European Union 12,414 13,162 13,400 13,550 13,700

9,300 India 9,650 9,900 8,300 7,500 9,200

3,625 Mexico 3,675 3,650 4,030 4,250 4,350

1,570 Paraguay 900 2,950 3,350 3,600 4,100

2,170 Russia 2,400 2,440 3,300 3,850 3,950

1,800 Bolivia 2,000 2,175 2,250 2,300 2,325

2,060 Taiwan 2,020 1,920 1,925 1,970 2,000

2,149 Japan 1,960 1,915 1,969 1,970 1,970

1,644 Egypt 1,620 1,710 1,680 1,850 1,950

1,425 Canada 1,411 1,550 1,537 1,675 1,700

1,720 Thailand 1,750 1,500 1,500 1,600 1,700

7,527 Other 7,236 7,532 8,878 10,193 11,510

221,215 Total 228,323 230,167 240,608 254,482 266,223

Ending Stocks none

21,403 Argentina 15,949 20,962 26,050 31,950 32,852

23,636 Brazil 13,024 15,330 16,530 24,930 31,000

14,538 China 15,909 12,378 14,427 14,377 13,877

5,852 United States 4,610 3,825 2,504 9,515 13,613

297 Canada 232 178 282 657 950

5,100 Other 4,422 3,796 3,608 4,113 3,928

70,826 Total 54,146 56,469 63,401 85,542 96,220

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 May 2015Office of Global Analysis

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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

43,560 China 48,288 51,440 54,531 58,490 61,063

35,608 United States 37,217 36,174 36,909 39,372 39,304

29,312 Argentina 27,945 26,089 27,892 30,580 32,960

28,160 Brazil 29,510 27,310 28,080 29,130 29,800

9,633 European Union 9,668 10,398 10,586 10,700 10,800

7,440 India 7,720 7,920 6,640 6,000 7,360

2,870 Mexico 2,910 2,890 3,185 3,358 3,435

17,847 Other 17,186 19,016 21,184 23,290 25,073

174,430 Total 180,444 181,237 189,007 200,920 209,795

Imports none

21,877 European Union 20,872 16,941 18,175 19,300 20,100

3,069 Indonesia 3,278 3,367 3,983 4,250 4,700

2,719 Vietnam 2,276 2,980 3,342 3,750 4,250

2,318 Thailand 2,928 2,874 2,665 2,900 3,000

1,742 Iran 2,192 2,099 2,683 2,550 2,700

1,972 Philippines 1,833 1,969 2,337 2,500 2,650

2,208 Japan 2,282 1,765 1,976 1,950 1,950

1,500 Mexico 1,548 1,295 1,510 1,600 1,850

1,658 Korea, South 1,571 1,654 1,825 1,700 1,700

1,074 Algeria 892 1,333 1,383 1,425 1,525

16,771 Other 17,306 17,551 18,063 18,572 19,346

56,908 Total 56,978 53,828 57,942 60,497 63,771

Exports none

27,615 Argentina 26,043 23,667 24,972 28,985 31,000

13,987 Brazil 14,678 13,242 13,948 13,950 14,475

8,238 United States 8,845 10,139 10,478 11,612 10,660

1,043 Paraguay 523 2,149 2,450 2,570 2,980

4,800 India 4,391 4,354 2,742 1,350 2,400

2,862 Other 3,794 4,383 5,412 5,602 5,297

58,545 Total 58,274 57,934 60,002 64,069 66,812

Domestic Consumption none

43,382 China 47,435 50,091 52,534 56,540 59,483

30,952 European Union 29,670 27,122 28,442 29,442 30,492

27,489 United States 28,614 26,280 26,758 28,033 28,939

13,950 Brazil 14,100 14,200 14,498 14,780 15,250

3,100 Vietnam 3,300 3,700 4,200 4,700 5,250

4,340 Mexico 4,370 4,250 4,675 4,900 5,200

2,870 India 3,280 3,490 4,050 4,460 5,110

2,784 Indonesia 3,218 3,430 3,900 4,250 4,700

3,775 Thailand 4,153 4,200 3,880 4,100 4,330

3,844 Japan 3,840 3,332 3,376 3,400 3,410

2,525 Iran 2,500 2,460 2,948 3,100 3,330

2,181 Russia 2,365 2,532 2,600 2,850 3,150

1,875 Philippines 1,950 2,050 2,250 2,500 2,800

1,900 Egypt 2,100 2,220 2,400 2,550 2,700

1,000 Argentina 1,210 1,600 1,800 2,105 2,300

25,022 Other 25,525 26,450 27,589 28,971 30,684

170,989 Total 177,630 177,407 185,900 196,681 207,128

Ending Stocks none

2,229 Argentina 2,921 3,743 4,863 4,353 4,013

2,436 Brazil 3,198 3,098 2,757 3,182 3,282

330 Indonesia 390 323 406 406 406

453 European Union 439 120 142 310 318

318 United States 272 249 227 272 272

2,714 Other 2,778 2,189 2,374 2,913 2,771

8,480 Total 9,998 9,722 10,769 11,436 11,062

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 May 2015Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

9,840 China 10,914 11,626 12,335 13,225 13,809

8,568 United States 8,954 8,990 9,131 9,355 9,568

7,181 Argentina 6,839 6,364 6,785 7,500 8,050

6,970 Brazil 7,310 6,760 6,960 7,215 7,388

2,362 European Union 2,359 2,501 2,546 2,575 2,600

1,646 India 1,708 1,752 1,478 1,330 1,630

648 Mexico 657 653 720 760 780

4,157 Other 3,990 4,433 4,935 5,425 5,815

41,372 Total 42,731 43,079 44,890 47,385 49,640

Imports none

945 India 1,174 1,086 1,830 2,000 2,450

1,319 China 1,502 1,409 1,353 1,000 1,300

516 Algeria 438 575 625 580 620

376 Bangladesh 420 397 442 500 520

704 Iran 411 543 551 500 515

397 Morocco 367 364 446 450 460

366 Venezuela 415 374 403 425 430

315 Peru 344 363 355 370 380

238 Colombia 257 216 288 320 330

300 Korea, South 343 300 278 300 300

4,031 Other 2,287 2,866 2,783 2,955 2,888

9,507 Total 7,958 8,493 9,354 9,400 10,193

Exports none

4,561 Argentina 3,794 4,244 4,087 4,525 5,100

1,668 Brazil 1,885 1,251 1,378 1,170 1,250

1,466 United States 664 982 851 862 907

463 European Union 742 1,011 771 800 800

255 Paraguay 127 558 630 650 735

136 Russia 142 129 332 350 370

232 Bolivia 224 288 315 320 320

862 Other 887 899 1,002 1,092 1,146

9,643 Total 8,465 9,362 9,366 9,769 10,628

Domestic Consumption none

11,409 China 12,044 12,545 13,657 14,283 15,029

7,619 United States 8,306 8,476 8,599 8,550 8,664

5,205 Brazil 5,390 5,534 5,765 6,040 6,120

2,610 India 2,750 2,950 3,300 3,400 4,000

2,520 Argentina 3,020 2,275 2,729 2,901 2,960

2,530 European Union 2,109 1,908 1,980 2,070 1,960

840 Mexico 845 860 890 946 960

646 Iran 625 630 635 635 650

388 Bangladesh 440 470 530 605 635

475 Algeria 490 540 590 610 630

669 Egypt 440 582 496 530 552

399 Venezuela 424 439 449 464 480

443 Korea, South 445 445 440 450 460

403 Morocco 372 374 440 450 460

276 Colombia 272 285 324 385 410

4,302 Other 4,208 4,286 4,509 4,737 4,966

40,734 Total 42,180 42,599 45,333 47,056 48,936

Ending Stocks none

303 China 615 1,021 958 800 800

1,100 United States 1,152 773 529 563 639

404 European Union 298 202 322 327 367

295 Argentina 320 258 236 330 330

238 India 360 248 255 185 265

1,758 Other 1,397 1,251 998 1,053 1,126

4,098 Total 4,142 3,753 3,298 3,258 3,527

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 May 2015Office of Global Analysis

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Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Exports

North America 10,738 11,882 10,940 947 976 1,021 48,286 52,688 52,108

Canada (Aug-Jul) 241 250 260 92 110 110 3,471 3,700 3,800

United States (Sep-Aug) 10,478 11,612 10,660 851 862 907 44,815 48,988 48,308

South America 42,900 47,005 49,985 6,412 6,667 7,407 62,834 62,009 66,394

Argentina (Oct-Sep) 24,972 28,985 31,000 4,087 4,525 5,100 7,842 8,000 8,500

Brazil (Oct-Sep) 13,948 13,950 14,475 1,378 1,170 1,250 46,829 45,650 49,750

Paraguay (Mar-Feb) 2,450 2,570 2,980 630 650 735 4,800 4,800 4,600

South Asia 2,748 1,357 2,407 1 0 0 183 250 300

India (Oct-Sep) 2,742 1,350 2,400 1 0 0 183 250 300

Other 3,616 3,825 3,480 2,006 2,126 2,200 1,635 2,550 3,175

World Total 60,002 64,069 66,812 9,366 9,769 10,628 112,938 117,497 121,977

Imports

European Union (Oct-Sep) 18,175 19,300 20,100 325 300 200 12,985 12,750 12,800

East Asia 3,884 3,800 3,755 1,772 1,450 1,755 76,866 79,922 83,950

China (Oct-Sep) 20 50 20 1,353 1,000 1,300 70,364 73,500 77,500

Japan (Oct-Sep) 1,976 1,950 1,950 16 15 15 2,894 2,850 2,850

Korea, South (Oct-Sep) 1,825 1,700 1,700 278 300 300 1,271 1,200 1,200

Taiwan (Oct-Sep) 22 50 35 3 0 0 2,335 2,350 2,380

Southeast Asia 13,743 14,846 16,122 299 310 320 6,150 6,610 6,970

Indonesia (Oct-Sep) 3,983 4,250 4,700 25 25 25 2,241 2,350 2,500

Malaysia (Oct-Sep) 1,397 1,425 1,500 113 120 125 554 610 620

Philippines (Jan-Dec) 2,337 2,500 2,650 41 42 43 122 130 130

Thailand (Sep-Aug) 2,665 2,900 3,000 6 4 2 1,798 2,000 2,100

Vietnam (Jan-Dec) 3,342 3,750 4,250 80 85 90 1,415 1,500 1,600

North America 2,797 2,893 3,195 307 324 312 6,133 5,117 5,167

Canada (Aug-Jul) 982 975 1,050 31 33 33 340 300 300

Mexico (Sep-Aug) 1,510 1,600 1,850 201 200 200 3,842 4,000 4,050

South America 4,642 4,890 5,025 1,293 1,392 1,411 1,581 1,377 1,697

Brazil (Oct-Sep) 25 25 25 0 1 0 605 300 550

Colombia (Oct-Sep) 1,036 1,080 1,100 288 320 330 436 500 545

Central America 948 1,001 1,027 165 180 191 244 310 343

Caribbean 837 920 968 286 309 317 148 165 175

Middle East 5,295 5,137 5,430 640 594 619 2,257 2,960 3,080

Iran (Oct-Sep) 2,683 2,550 2,700 551 500 515 301 500 600

Israel (Oct-Sep) 129 140 145 11 15 13 319 325 345

Syria (May-Apr) 251 260 270 1 2 2 29 35 35

Turkey (Oct-Sep) 744 600 650 8 0 0 1,608 2,100 2,100

North Africa 3,245 3,280 3,517 1,404 1,435 1,495 1,828 2,020 2,100

Egypt (Oct-Sep) 1,116 1,050 1,150 213 280 290 1,694 1,880 1,950

Other 4,376 4,430 4,632 2,863 3,106 3,573 3,059 2,916 3,349

World Total 57,942 60,497 63,771 9,354 9,400 10,193 111,251 114,147 119,631

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

Production none

23,600 Indonesia 26,200 28,500 30,500 33,000 35,000

18,211 Malaysia 18,202 19,321 20,161 19,800 21,000

1,832 Thailand 1,892 2,135 2,150 2,000 2,200

753 Colombia 945 1,140 1,040 1,108 1,100

971 Nigeria 970 970 970 970 970

3,872 Other 4,373 4,522 4,717 4,775 4,895

49,239 Total 52,582 56,588 59,538 61,653 65,165

Imports none

6,661 India 7,473 8,364 7,820 8,850 9,450

4,944 European Union 5,707 6,798 6,902 6,800 6,800

5,711 China 5,841 6,589 5,573 5,300 5,750

2,064 Pakistan 2,218 2,246 2,758 2,700 2,950

996 Bangladesh 984 1,030 1,262 1,250 1,400

1,441 Egypt 1,368 969 1,153 1,225 1,300

980 United States 1,032 1,293 1,220 1,112 1,134

656 Singapore 854 654 552 750 800

634 Iran 610 722 609 750 750

655 Russia 545 763 660 750 700

11,865 Other 12,212 12,390 13,313 13,146 13,568

36,607 Total 38,844 41,818 41,822 42,633 44,602

Exports none

16,423 Indonesia 18,452 20,373 21,719 22,500 23,500

17,151 Malaysia 17,586 18,524 17,344 17,200 18,000

578 Papua New Guinea 585 564 539 550 560

255 Benin 253 430 600 450 440

210 Guatemala 248 346 411 405 400

2,672 Other 2,720 2,987 2,712 2,773 2,731

37,289 Total 39,844 43,224 43,325 43,878 45,631

Domestic Consumption none

6,414 Indonesia 7,129 7,852 8,798 10,420 11,420

7,090 India 7,485 8,250 8,384 9,000 9,700

5,110 European Union 5,523 6,560 6,775 6,650 6,650

5,797 China 5,841 6,389 5,749 5,400 5,750

2,204 Malaysia 2,150 2,451 2,868 3,160 3,470

2,077 Pakistan 2,115 2,285 2,490 2,690 2,945

1,457 Thailand 1,525 1,710 2,030 1,820 1,960

1,360 Nigeria 1,385 1,455 1,470 1,495 1,550

980 Bangladesh 1,030 1,030 1,190 1,295 1,400

1,293 Egypt 1,265 1,100 1,070 1,130 1,180

957 United States 1,043 1,238 1,207 1,096 1,111

787 Colombia 890 905 962 1,013 1,040

545 Ghana 665 700 730 760 780

580 Iran 600 725 650 730 750

585 Russia 600 660 715 730 730

10,582 Other 11,227 11,915 12,742 13,312 14,040

47,818 Total 50,473 55,225 57,830 60,701 64,476

Ending Stocks none

2,163 Malaysia 2,481 1,784 2,091 2,131 2,161

825 Indonesia 1,445 1,758 1,768 1,848 1,928

571 India 669 921 528 558 508

255 European Union 270 373 338 328 318

112 Pakistan 170 91 309 269 224

2,473 Other 2,473 2,538 2,636 2,243 1,898

6,399 Total 7,508 7,465 7,670 7,377 7,037

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

China (Oct-Sep) 11,631 11,505 10,987 6,579 6,500 6,223 14,458 14,600 14,200

India (Oct-Sep) 3,720 3,660 3,719 2,500 2,450 2,500 7,300 7,100 7,500

Canada (Aug-Jul) 3,925 3,950 3,980 3,050 3,060 3,080 17,966 15,555 14,800

Japan (Oct-Sep) 1,353 1,360 1,360 1,054 1,075 1,075 2 2 2

European Union (Jul-Jun) 13,780 14,203 13,700 9,946 10,251 9,900 21,299 24,255 21,600

Other 5,009 5,570 5,579 3,469 3,870 3,872 10,356 10,149 10,021

World Total 39,418 40,248 39,325 26,598 27,206 26,650 71,381 71,661 68,123

Imports

China (Oct-Sep) 314 100 200 902 850 900 5,046 4,100 3,600

India (Oct-Sep) 0 0 0 160 250 350 0 0 0

Canada (Aug-Jul) 11 12 12 83 75 75 66 100 125

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

European Union (Jul-Jun) 457 440 450 296 270 270 3,495 2,850 2,600

Other 5,065 5,115 5,184 2,318 2,372 2,475 4,246 4,654 4,605

World Total 5,923 5,742 5,921 3,769 3,829 4,082 15,231 14,154 13,380

Exports

China (Oct-Sep) 37 30 20 6 10 10 0 0 0

India (Oct-Sep) 1,327 1,000 1,100 3 3 3 1 0 0

Canada (Aug-Jul) 3,424 3,450 3,450 2,348 2,400 2,470 9,173 8,800 8,200

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

European Union (Jul-Jun) 361 400 350 306 300 300 290 570 300

Other 923 1,019 1,007 1,148 1,189 1,207 5,496 4,942 4,862

World Total 6,074 5,901 5,927 3,813 3,903 3,991 14,960 14,312 13,362

Domestic Consumption

China (Oct-Sep) 11,908 11,575 11,167 7,025 7,664 7,700 19,100 18,900 18,050

India (Oct-Sep) 2,403 2,660 2,619 2,605 2,730 2,845 7,300 7,225 7,400

Canada (Aug-Jul) 495 520 535 645 665 695 7,084 7,139 7,174

Japan (Oct-Sep) 1,430 1,420 1,420 1,030 1,045 1,060 2,405 2,455 2,455

European Union (Jul-Jun) 13,750 14,200 13,800 9,675 10,159 9,975 24,936 25,830 24,850

Other 9,225 9,633 9,762 4,670 5,076 5,183 8,852 9,819 9,883

World Total 39,211 40,008 39,303 25,650 27,339 27,458 69,677 71,368 69,812

Ending Stocks

China (Oct-Sep) 0 0 0 2,607 2,283 1,696 1,036 836 586

India (Oct-Sep) 20 20 20 165 132 134 568 443 543

Canada (Aug-Jul) 118 110 117 211 281 271 2,363 2,079 1,630

Japan (Oct-Sep) 15 28 43 150 191 217 84 81 78

European Union (Jul-Jun) 215 258 258 293 355 250 2,070 2,775 1,825

Other 79 112 106 328 305 262 876 918 799

World Total 447 528 544 3,754 3,547 2,830 6,997 7,132 5,461

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

Argentina (Mar-Feb) 2,100 2,750 2,600 962 1,155 1,200 934 1,100 1,140

Russia (Sep-Aug) 10,554 8,929 9,400 3,466 3,215 3,330 3,851 3,570 3,690

Turkey (Sep-Aug) 1,400 1,200 1,150 753 628 650 845 705 730

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

European Union (Oct-Sep) 9,008 8,935 8,500 4,130 4,080 4,030 3,190 3,145 3,100

Other 8,203 7,871 8,244 2,782 2,620 2,688 2,418 2,299 2,355

World Total 42,865 39,885 39,894 16,793 15,958 16,098 15,963 15,103 15,215

Imports

Argentina (Mar-Feb) 1 1 2 0 0 0 0 0 0

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

Turkey (Sep-Aug) 581 500 550 757 750 850 776 750 830

Ukraine (Sep-Aug) 15 10 10 0 0 0 0 0 0

European Union (Oct-Sep) 319 250 250 3,364 3,350 3,400 1,039 850 900

Other 608 636 529 1,411 1,479 1,495 4,857 4,707 4,708

World Total 1,559 1,427 1,371 5,538 5,579 5,745 6,684 6,317 6,448

Exports

Argentina (Mar-Feb) 73 80 85 365 345 460 343 375 500

Russia (Sep-Aug) 125 70 50 1,729 1,500 1,500 1,750 1,450 1,500

Turkey (Sep-Aug) 33 40 40 0 0 0 584 550 600

Ukraine (Sep-Aug) 70 50 50 3,648 3,750 3,700 4,181 3,700 3,600

European Union (Oct-Sep) 713 700 600 173 200 180 372 305 300

Other 934 922 857 289 257 269 528 499 490

World Total 1,948 1,862 1,682 6,204 6,052 6,109 7,758 6,879 6,990

Domestic Consumption

Argentina (Mar-Feb) 2,251 2,650 2,754 730 730 740 700 722 722

Russia (Sep-Aug) 10,095 9,160 9,420 1,650 1,750 1,850 2,140 2,200 2,270

Turkey (Sep-Aug) 1,987 1,658 1,708 1,490 1,395 1,500 1,025 1,055 1,085

Ukraine (Sep-Aug) 11,385 10,335 10,125 650 650 650 575 580 595

European Union (Oct-Sep) 8,515 8,470 8,400 7,200 7,250 7,300 3,660 3,720 3,770

Other 7,962 7,657 7,866 3,914 3,858 3,892 6,439 6,596 6,654

World Total 42,195 39,930 40,273 15,634 15,633 15,932 14,539 14,873 15,096

Ending Stocks

Argentina (Mar-Feb) 775 796 559 64 144 144 406 409 327

Russia (Sep-Aug) 369 98 58 93 58 38 172 102 32

Turkey (Sep-Aug) 138 140 92 20 3 3 392 242 117

Ukraine (Sep-Aug) 367 192 27 402 262 112 29 33 38

European Union (Oct-Sep) 879 894 644 198 178 128 255 225 155

Other 358 286 336 70 54 76 736 647 566

World Total 2,886 2,406 1,716 847 699 501 1,990 1,658 1,235

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2015/162014/152013/142015/162014/152013/142015/162014/152013/14

Production

China (Oct-Sep) 2,725 2,720 2,740 1,487 1,396 1,295 nr nr nr

India (Oct-Sep) 1,220 1,150 1,220 1,305 1,348 1,305 nr nr nr

Turkey (Nov-Oct) 4 5 6 130 180 155 190 190 170

United States (Aug-Jul) 95 95 105 286 277 261 5 5 5

European Union (Oct-Sep) 12 12 12 48 50 48 2,475 1,550 2,150

Other 1,582 1,607 1,609 1,923 1,951 1,893 470 584 535

World Total 5,638 5,589 5,692 5,179 5,202 4,957 3,140 2,329 2,860

Imports

China (Oct-Sep) 74 100 95 0 0 0 nr nr nr

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

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

United States (Aug-Jul) 25 20 16 14 9 1 311 306 311

European Union (Oct-Sep) 66 66 67 0 0 0 54 150 100

Other 18 17 17 50 56 44 219 216 217

World Total 183 203 195 64 65 45 584 672 628

Exports

China (Oct-Sep) 10 10 10 4 15 5 nr nr nr

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

Turkey (Nov-Oct) 0 0 0 1 1 1 28 25 25

United States (Aug-Jul) 4 6 7 67 68 68 6 8 8

European Union (Oct-Sep) 3 3 3 1 1 1 675 560 600

Other 180 171 172 62 47 50 129 271 191

World Total 202 205 197 135 132 125 838 864 824

Domestic Consumption

China (Oct-Sep) 2,789 2,810 2,825 1,483 1,381 1,290 nr nr nr

India (Oct-Sep) 1,215 1,135 1,215 1,295 1,345 1,320 nr nr nr

Turkey (Nov-Oct) 4 5 6 135 175 165 150 155 160

United States (Aug-Jul) 116 108 113 233 218 194 310 303 308

European Union (Oct-Sep) 74 75 76 47 49 47 1,780 1,540 1,570

Other 1,448 1,447 1,454 1,916 1,975 1,907 611 542 571

World Total 5,646 5,580 5,689 5,109 5,143 4,923 2,851 2,540 2,609

Ending Stocks

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

India (Oct-Sep) 10 10 10 58 61 46 nr nr nr

Turkey (Nov-Oct) 0 0 0 7 11 6 21 31 16

United States (Aug-Jul) 9 10 11 45 45 45 0 0 0

European Union (Oct-Sep) 3 3 3 0 0 0 430 30 110

Other 14 20 20 110 95 75 68 55 45

World Total 36 43 44 220 212 172 519 116 171

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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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

334.54 29.3670.03448.0970.9642.58195.59 2002/03 328.70 49.36

338.36 29.2566.78451.7864.0649.36212.32 2003/04 338.65 46.35

383.88 30.6674.35502.9372.7046.35219.03 2004/05 368.91 59.67

394.13 31.8075.81529.1275.3259.67221.16 2005/06 386.89 66.42

405.88 31.7783.09552.9280.6266.42222.84 2006/07 394.61 75.22

391.68 31.7091.35556.9290.0275.22218.82 2007/08 402.33 63.24

399.63 33.6494.57556.7793.9063.24230.50 2008/09 404.30 57.90

447.32 34.74106.92606.91101.6957.90236.13 2009/10 424.61 75.38

461.02 36.17108.37640.15103.7575.38244.98 2010/11 445.91 85.87

447.82 36.52111.27645.55111.8785.87248.88 2011/12 467.01 67.28

475.87 36.78118.12656.54113.3967.28256.27 2012/13 470.12 68.30

505.71 37.44133.72705.48131.4768.30260.21 2013/14 493.60 78.16

534.67 38.27137.24745.85133.0278.16263.89 2014/15 509.51 99.10

531.16 39.10140.67767.93137.6899.10266.08 2015/16 519.84 107.43

Major Protein Meals

185.82 0.3654.01247.3253.567.94nr 2002/03 186.27 7.04

191.18 0.3759.04256.0157.807.04nr 2003/04 189.36 7.61

206.52 0.3961.20273.6259.487.61nr 2004/05 204.73 7.70

216.84 0.3766.27289.9465.407.70nr 2005/06 215.06 8.61

223.76 0.4068.98299.2366.878.61nr 2006/07 220.88 9.37

231.45 0.4672.14310.5069.689.37nr 2007/08 229.09 9.28

229.19 0.4369.38305.9867.519.28nr 2008/09 229.46 7.14

243.95 0.4672.21319.9068.807.14nr 2009/10 239.12 8.56

256.64 0.4777.24339.1873.988.56nr 2010/11 251.05 10.89

267.38 0.5180.37355.6677.3910.89nr 2011/12 262.79 12.50

268.82 0.5178.43354.0372.7112.50nr 2012/13 264.36 11.25

282.09 0.5282.01371.7178.3811.25nr 2013/14 276.83 12.87

294.40 0.5885.90388.0580.7812.87nr 2014/15 288.64 13.50

302.25 0.5388.91400.4684.7013.50nr 2015/16 298.57 12.99

Major Vegetable Oils

96.47 83.2136.59141.6434.8910.2811.42 2002/03 95.00 10.05

103.21 87.2440.01150.9537.6910.0512.08 2003/04 100.51 10.43

112.04 91.7843.91163.3940.9110.4312.73 2004/05 107.50 11.98

119.42 94.7148.65175.9144.5111.9813.61 2005/06 114.18 13.09

122.14 96.7150.44182.7047.4713.0914.19 2006/07 119.27 12.98

129.28 99.6854.52192.9350.6712.9814.72 2007/08 125.52 12.89

134.39 102.9456.75201.7354.4512.8915.57 2008/09 131.08 13.89

141.65 107.6358.88211.9556.4113.8916.32 2009/10 138.41 14.66

148.85 111.9360.56221.7058.1914.6617.04 2010/11 145.55 15.59

157.77 115.8564.67235.0761.7115.5917.62 2011/12 152.12 18.28

161.27 120.7968.36244.1964.6418.2818.33 2012/13 158.05 17.78

171.31 125.7870.02255.5866.4917.7819.05 2013/14 166.88 18.69

175.09 130.1870.41261.0867.2918.6919.71 2014/15 173.53 17.14

181.12 134.8673.21268.7270.4617.1420.28 2015/16 179.72 15.79

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 26: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

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

196.95 165.0761.32295.0062.8835.1681.62 2002/03 191.12 42.55

186.79 163.5456.05283.3754.0442.5588.58 2003/04 188.92 38.41

215.91 175.2964.75317.8763.5638.4193.35 2004/05 204.45 48.67

220.86 185.9863.85333.6364.1048.6793.11 2005/06 215.82 53.95

236.30 195.5871.14359.1668.9153.9594.56 2006/07 225.02 63.00

219.01 202.2978.32360.3978.3763.0090.85 2007/08 229.50 52.57

212.08 193.6277.21342.0877.4352.5796.44 2008/09 221.74 43.12

260.56 209.5891.44390.5086.8243.12102.56 2009/10 238.43 60.63

264.35 221.2291.70413.7488.7660.63103.36 2010/11 251.21 70.83

240.43 228.3292.16404.7193.4570.83103.14 2011/12 258.40 54.15

268.82 230.17100.53418.8895.9154.15109.78 2012/13 261.87 56.47

283.25 240.61112.94450.97111.2556.47113.12 2013/14 274.63 63.40

317.25 254.48117.50494.80114.1563.40118.14 2014/15 291.76 85.54

317.30 266.22121.98522.47119.6385.54120.37 2015/16 304.28 96.22

Meal, Soybean

130.23 165.0743.04178.4842.415.84nr 2002/03 129.92 5.52

128.92 163.5546.08179.3644.925.52nr 2003/04 127.64 5.64

138.62 175.3047.70190.2846.025.64nr 2004/05 136.74 5.84

146.43 186.0052.25203.7051.435.84nr 2005/06 145.30 6.15

153.82 195.6054.70212.7952.816.15nr 2006/07 150.99 7.09

158.75 202.3356.06220.7054.867.09nr 2007/08 157.45 7.19

152.17 193.8052.84211.0451.697.19nr 2008/09 153.26 4.94

165.28 209.9255.61223.7053.484.94nr 2009/10 161.42 6.68

174.43 221.6558.55238.0156.916.68nr 2010/11 170.99 8.48

180.44 228.8258.27245.9056.988.48nr 2011/12 177.63 10.00

181.24 230.6957.93245.0653.8310.00nr 2012/13 177.41 9.72

189.01 241.1060.00256.6757.949.72nr 2013/14 185.90 10.77

200.92 255.0364.07272.1960.5010.77nr 2014/15 196.68 11.44

209.80 266.7966.81285.0063.7711.44nr 2015/16 207.13 11.06

Oil, Soybean

30.58 165.078.8142.048.213.25nr 2002/03 30.11 3.12

30.24 163.548.7041.768.393.12nr 2003/04 30.30 2.75

32.57 175.299.0644.188.862.75nr 2004/05 31.83 3.29

34.86 185.989.7947.239.083.29nr 2005/06 33.54 3.90

36.43 195.5810.5350.319.973.90nr 2006/07 35.71 4.06

37.74 202.3110.8452.2010.404.06nr 2007/08 37.51 3.85

35.94 193.789.1848.959.173.85nr 2008/09 36.37 3.40

38.85 209.909.1650.978.723.40nr 2009/10 38.21 3.60

41.37 221.639.6454.489.513.60nr 2010/11 40.73 4.10

42.73 228.778.4754.797.964.10nr 2011/12 42.18 4.14

43.08 230.659.3655.718.494.14nr 2012/13 42.60 3.75

44.89 241.059.3758.009.353.75nr 2013/14 45.33 3.30

47.39 254.989.7760.089.403.30nr 2014/15 47.06 3.26

49.64 266.7510.6363.0910.193.26nr 2015/16 48.94 3.53

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 27: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

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

33.29 0.414.1340.164.022.8522.10 2002/03 33.83 2.20

39.48 0.425.5346.825.142.2025.49 2003/04 38.91 2.38

46.16 0.444.9153.545.002.3826.71 2004/05 43.35 5.29

48.60 0.456.9860.546.665.2927.29 2005/06 47.78 5.79

45.02 0.476.6357.806.995.7926.42 2006/07 46.09 5.08

48.60 0.488.1661.227.545.0828.29 2007/08 49.11 3.95

57.86 0.5012.1373.9312.113.9531.03 2008/09 54.52 7.28

60.99 0.5210.8479.0210.747.2831.43 2009/10 59.28 8.89

60.56 0.5410.8779.5510.108.8933.82 2010/11 60.35 8.33

61.57 0.6312.9283.0913.188.3334.12 2011/12 63.59 6.58

63.69 0.6612.4582.9312.666.5836.29 2012/13 65.45 5.02

71.38 0.7014.9691.6315.235.0236.14 2013/14 69.68 7.00

71.66 0.7814.3192.8114.157.0035.65 2014/15 71.37 7.13

68.12 0.8513.3688.6413.387.1335.43 2015/16 69.81 5.46

Meal, Rapeseed

18.82 0.001.6220.901.730.34nr 2002/03 18.96 0.32

21.76 0.002.4924.572.490.32nr 2003/04 21.59 0.49

24.23 0.002.2427.022.300.49nr 2004/05 24.43 0.35

26.50 0.002.5129.402.550.35nr 2005/06 26.30 0.60

25.70 0.002.9629.353.050.60nr 2006/07 26.10 0.29

27.62 0.003.6931.463.550.29nr 2007/08 27.47 0.30

30.69 0.003.5934.573.580.30nr 2008/09 30.74 0.25

33.39 0.003.5937.263.620.25nr 2009/10 33.22 0.45

34.04 0.005.1739.414.920.45nr 2010/11 33.71 0.53

35.69 0.005.4841.365.140.53nr 2011/12 35.32 0.57

36.90 0.005.4642.655.180.57nr 2012/13 36.80 0.39

39.42 0.006.0745.735.920.39nr 2013/14 39.21 0.45

40.25 0.005.9046.445.740.45nr 2014/15 40.01 0.53

39.33 0.005.9345.775.920.53nr 2015/16 39.30 0.54

Oil, Rapeseed

12.27 11.060.9113.880.890.72nr 2002/03 12.40 0.57

14.18 12.521.3316.111.360.57nr 2003/04 14.41 0.38

15.79 12.901.2917.371.200.38nr 2004/05 15.59 0.48

17.52 13.221.6519.471.470.48nr 2005/06 17.12 0.70

17.19 12.591.9920.092.200.70nr 2006/07 17.56 0.54

18.52 13.101.9021.082.030.54nr 2007/08 18.35 0.83

20.59 14.092.4423.862.440.83nr 2008/09 20.45 0.97

22.50 14.772.7326.402.920.97nr 2009/10 22.08 1.59

23.04 15.733.4227.963.331.59nr 2010/11 23.27 1.26

24.10 16.073.9729.384.011.26nr 2011/12 23.66 1.75

24.90 16.423.9430.523.871.75nr 2012/13 23.73 2.85

26.60 17.203.8133.223.772.85nr 2013/14 25.65 3.75

27.21 18.653.9034.793.833.75nr 2014/15 27.34 3.55

26.65 19.003.9934.284.083.55nr 2015/16 27.46 2.83

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

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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

23.97 2.4823.231.551.371.9220.18 2002/03

26.90 3.2526.052.262.192.4823.01 2003/04

25.34 2.8625.651.231.143.2520.83 2004/05

30.26 3.4029.591.521.382.8622.79 2005/06

30.18 4.0329.411.911.773.4023.42 2006/07

27.38 3.7227.461.461.234.0321.01 2007/08

33.29 3.9532.782.151.863.7223.65 2008/09

31.78 2.7132.961.551.483.9522.91 2009/10

33.08 2.4433.141.781.572.7122.94 2010/11

39.69 2.3539.491.921.642.4424.85 2011/12

35.98 2.6135.601.441.312.3523.77 2012/13

42.87 2.8942.201.951.562.6124.44 2013/14

39.89 2.4139.931.861.432.8923.36 2014/15

39.89 1.7240.271.681.372.4123.57 2015/16

Meal, Sunflowerseed

9.01 0.179.072.312.200.33nr 2002/03

10.23 0.219.992.852.650.17nr 2003/04

9.98 0.229.752.762.550.21nr 2004/05

11.53 0.3311.173.543.280.22nr 2005/06

11.52 0.2611.413.473.290.33nr 2006/07

10.75 0.2810.223.282.770.26nr 2007/08

12.79 0.6112.154.273.960.28nr 2008/09

12.96 0.6412.314.113.490.61nr 2009/10

13.00 0.6612.244.593.860.64nr 2010/11

15.66 1.1314.536.766.100.66nr 2011/12

14.02 0.3514.425.104.721.13nr 2012/13

16.79 0.8515.636.205.540.35nr 2013/14

15.96 0.7015.636.055.580.85nr 2014/15

16.10 0.5015.936.115.750.70nr 2015/16

Oil, Sunflowerseed

8.14 0.737.752.311.990.66nr 2002/03

9.21 0.738.502.681.960.73nr 2003/04

9.16 0.958.532.582.170.73nr 2004/05

10.68 1.129.893.923.300.95nr 2005/06

10.75 0.9510.204.053.331.12nr 2006/07

10.19 1.029.353.522.750.95nr 2007/08

12.01 1.7310.834.544.081.02nr 2008/09

12.14 1.4711.654.503.751.73nr 2009/10

12.21 1.1111.754.533.711.47nr 2010/11

14.74 2.1112.966.475.691.11nr 2011/12

13.26 1.6413.215.484.962.11nr 2012/13

15.96 1.9914.547.766.681.64nr 2013/14

15.10 1.6614.876.886.321.99nr 2014/15

15.22 1.2415.106.996.451.66nr 2015/16

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

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 29: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

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

19.67 21.984.3820.4050.7627.763.33 2002/03 26.90 3.47

21.91 23.035.0922.6955.4830.113.47 2003/04 28.64 4.16

24.35 24.916.2725.9062.1333.634.16 2004/05 31.71 4.52

26.14 26.047.2328.0666.6736.014.52 2005/06 33.81 4.81

27.14 27.537.8428.5469.5237.584.81 2006/07 35.88 5.10

30.66 30.109.1432.6477.1841.425.10 2007/08 39.84 4.70

34.00 32.0210.0735.2283.1544.454.70 2008/09 42.73 5.21

35.41 34.0210.2936.3786.9946.375.21 2009/10 44.96 5.66

36.61 35.6211.5937.2991.5149.245.66 2010/11 47.82 6.40

38.84 37.1512.6239.8497.8352.586.40 2011/12 50.47 7.51

41.82 40.1214.4243.22105.9156.597.51 2012/13 55.23 7.47

41.82 41.1615.9443.33108.8359.547.47 2013/14 57.83 7.67

42.63 42.7517.1243.88111.9661.657.67 2014/15 60.70 7.38

44.60 45.0718.5845.63117.1465.177.38 2015/16 64.48 7.04

Oil, Coconut

1.89 1.801.251.735.533.150.49 2002/03 3.16 0.63

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

2.03 1.781.432.055.843.340.47 2005/06 3.35 0.44

1.87 1.741.431.745.473.160.44 2006/07 3.25 0.48

1.90 1.851.511.935.853.470.48 2007/08 3.38 0.54

1.66 1.721.561.485.623.420.54 2008/09 3.29 0.85

2.28 2.151.682.176.663.530.85 2009/10 3.84 0.64

1.78 1.961.671.716.113.680.64 2010/11 3.65 0.75

1.82 1.971.551.866.013.430.75 2011/12 3.54 0.60

1.87 2.021.711.916.123.650.60 2012/13 3.75 0.47

1.68 1.831.581.735.533.380.47 2013/14 3.42 0.38

1.71 1.801.631.725.443.350.38 2014/15 3.44 0.28

1.70 1.831.631.715.373.390.28 2015/16 3.47 0.19

Meal, Fish

2.85 0.000.052.858.524.730.94 2002/03 5.07 0.60

3.12 0.000.053.209.265.540.60 2003/04 5.28 0.77

3.60 0.000.063.659.905.520.77 2004/05 5.60 0.66

2.95 0.000.052.728.384.770.66 2005/06 5.02 0.63

2.69 0.000.052.598.284.960.63 2006/07 4.83 0.85

3.01 0.000.052.858.885.020.85 2007/08 5.31 0.72

3.11 0.000.052.958.744.910.72 2008/09 5.22 0.57

2.63 0.000.052.277.123.920.57 2009/10 4.67 0.19

2.66 0.000.052.497.865.020.19 2010/11 4.77 0.61

2.92 0.000.052.597.704.180.61 2011/12 4.92 0.20

2.35 0.000.052.136.924.370.20 2012/13 4.49 0.31

2.62 0.000.052.187.064.140.31 2013/14 4.66 0.22

2.47 0.000.052.196.984.290.22 2014/15 4.60 0.19

2.50 0.000.052.156.944.250.19 2015/16 4.66 0.14

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 30: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

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

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

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

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

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

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

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

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

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

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

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

93,323 50,22736,873100,7051,7705,61236,676 2012/13 58,068 5,764

99,016 51,46645,789107,9493,1695,76435,438 2013/14 58,208 3,952

117,171 53,37650,028122,9681,8453,95239,173 2014/15 61,990 10,950

114,080 54,09449,310126,8791,84910,95039,234 2015/16 62,459 15,110

Major Protein Meals

36,602 47,5055,92438,0821,194286nr 2002/03 31,912 246

35,198 45,5394,94537,2801,836246nr 2003/04 32,062 273

39,248 50,1676,95441,0501,529273nr 2004/05 33,881 215

39,930 51,8977,60841,7981,653215nr 2005/06 33,829 361

41,450 53,4838,26443,5101,699361nr 2006/07 34,861 385

40,879 53,4958,70643,2441,980385nr 2007/08 34,205 333

37,729 49,3437,94039,8711,809333nr 2008/09 31,685 246

40,077 51,48210,30841,6661,343246nr 2009/10 31,017 341

38,056 49,3238,48740,6372,240341nr 2010/11 31,772 378

39,508 50,3169,17042,9173,031378nr 2011/12 33,411 336

38,691 50,22710,48842,4193,392336nr 2012/13 31,618 313

39,406 51,46610,77743,4743,755313nr 2013/14 32,406 291

41,885 53,37611,90045,9543,778291nr 2014/15 33,718 336

41,886 54,09410,96045,9813,759336nr 2015/16 34,685 336

Major Vegetable Oils

9,208 47,5051,23812,0561,5431,3050 2002/03 9,896 922

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 53,4951,67915,3933,1081,7410 2007/08 12,250 1,464

9,667 49,3431,45714,3613,2301,4640 2008/09 11,167 1,737

10,058 51,4821,94815,1333,3381,7370 2009/10 11,194 1,991

9,774 49,3231,86115,3773,6121,9910 2010/11 11,906 1,610

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

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

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

10,682 53,3761,11715,6563,9989760 2014/15 13,559 980

10,962 54,0941,21816,0284,0869800 2015/16 13,778 1,032

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 31: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

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

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

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

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

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

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

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

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

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

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

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

82,791 45,96735,84688,5041,1034,61030,814 2012/13 48,833 3,825

91,389 47,19244,81597,1651,9513,82530,858 2013/14 49,846 2,504

108,014 49,12448,988111,3358172,50433,614 2014/15 52,832 9,515

104,780 49,66848,308115,1128179,51533,872 2015/16 53,191 13,613

Meal, Soybean

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

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

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

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

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

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

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

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

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

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

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

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

39,372 49,12411,61239,917318227nr 2014/15 28,033 272

39,304 49,66810,66039,871295272nr 2015/16 28,939 272

Oil, Soybean

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

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

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

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

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

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

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

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

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

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

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

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

9,355 49,1248629,97591529nr 2014/15 8,550 563

9,568 49,66890710,21079563nr 2015/16 8,664 639

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 May 2015Office of Global Analysis

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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)

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

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

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

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

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

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

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

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

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

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

82,000 36,39242,82683,4732401,23327,700 2012/13 39,338 1,309

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

94,500 37,80047,00097,7483002,94831,500 2014/15 40,950 9,798

97,000 38,50050,000107,3485509,79832,500 2015/16 41,700 15,648

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

28,200 36,39213,61930,515302,285nr 2012/13 14,196 2,700

28,560 36,89313,72131,287272,700nr 2013/14 14,500 3,066

29,300 37,80014,15032,391253,066nr 2014/15 14,800 3,441

29,800 38,50014,60033,266253,441nr 2015/16 15,300 3,366

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

6,980 36,3921,4107,4244440nr 2012/13 5,563 451

7,080 36,8931,3267,5310451nr 2013/14 5,920 285

7,260 37,8001,1707,5461285nr 2014/15 6,130 246

7,388 38,5001,2807,6340246nr 2015/16 6,150 204

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 May 2015Office of Global Analysis

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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)

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

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

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

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

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

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

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

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

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

40,100 30,6816,09843,36823,26617,577 2011/12 33,031 4,239

49,300 35,0097,81753,54124,23919,750 2012/13 38,209 7,515

53,500 38,4697,45061,01727,51519,400 2013/14 42,967 10,600

58,500 40,2258,36069,102210,60019,500 2014/15 45,242 15,500

57,000 43,5008,60072,502215,50020,000 2015/16 48,602 15,300

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

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

29,509 38,46927,80034,42004,911nr 2013/14 2,000 4,620

31,195 40,22529,50035,81504,620nr 2014/15 2,206 4,109

33,735 43,50031,36037,84404,109nr 2015/16 2,349 4,135

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

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

7,187 38,4694,2607,44526232nr 2013/14 2,840 345

7,590 40,2254,6907,94510345nr 2014/15 2,950 305

8,250 43,5005,2508,56510305nr 2015/16 2,985 330

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 May 2015Office of Global Analysis

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

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

4,604 Oilseed, Copra 4,249 4,547 4,198 4,174 4,241

11,127 Oilseed, Palm Kernel 11,881 12,816 13,667 14,185 14,926

1,343 Oilseed, Soybean 1,142 1,065 1,078 1,028 1,026

4,307 Other 4,004 3,813 3,809 3,906 3,878

21,381 Total 21,276 22,241 22,752 23,293 24,071

none

Domestic Consumption none

593 Meal, Fish 593 576 517 514 505

419 Meal, Rapeseed 495 479 523 578 590

12,894 Meal, Soybean 14,004 14,887 15,883 17,284 18,900

2,857 Other 2,282 2,534 2,669 2,993 3,090

16,763 Total 17,374 18,476 19,592 21,369 23,085

none

SME none

857 Meal, Fish 858 832 747 742 729

298 Meal, Rapeseed 352 341 373 411 420

12,894 Meal, Soybean 14,004 14,887 15,883 17,284 18,900

1,574 Other 1,332 1,420 1,466 1,614 1,642

15,623 Total 16,546 17,479 18,469 20,052 21,691

none

Imports none

137 Meal, Fish 146 140 155 153 153

419 Meal, Rapeseed 496 479 524 578 590

11,129 Meal, Soybean 11,415 12,485 13,743 14,846 16,122

442 Other 332 454 355 450 460

12,127 Total 12,389 13,558 14,777 16,027 17,325

none

Industrial Dom. Cons. none

4,829 Oil, Palm 5,366 6,216 7,548 9,005 10,230

0 Oil, Rapeseed 0 0 0 0 0

75 Oil, Soybean 45 34 36 39 42

0 Oil, Sunflowerseed 0 0 0 0 0

3,128 Other 3,346 3,605 3,884 4,148 4,248

8,032 Total 8,757 9,855 11,468 13,192 14,520

none

Food Use Dom. Cons. none

6,987 Oil, Palm 7,317 7,577 8,124 8,440 8,775

2 Oil, Rapeseed 4 5 6 6 7

489 Oil, Soybean 506 466 517 547 584

202 Oil, Sunflowerseed 140 110 110 146 146

1,275 Other 1,378 1,482 1,488 1,458 1,475

8,955 Total 9,345 9,640 10,245 10,597 10,987

none

Domestic Consumption none

12,120 Oil, Palm 13,024 14,138 16,022 17,885 19,445

2 Oil, Rapeseed 4 5 6 6 7

564 Oil, Soybean 551 500 553 586 626

202 Oil, Sunflowerseed 140 110 110 146 146

4,411 Other 4,732 5,095 5,382 5,616 5,733

17,299 Total 18,451 19,848 22,073 24,239 25,957

none

Imports none

3,850 Oil, Palm 4,125 3,067 2,908 3,100 3,040

2 Oil, Rapeseed 4 5 6 6 7

260 Oil, Soybean 240 226 299 310 320

0 Oil, Sunflowerseed 0 0 0 0 0

786 Other 817 606 504 500 490

4,898 Total 5,186 3,904 3,717 3,916 3,857

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 May 2015Office of Global Analysis

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Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

1,174 Oilseed, Cottonseed 1,602 1,330 1,106 1,223 1,068

0 Oilseed, Rapeseed 0 0 0 0 0

237 Oilseed, Soybean 222 246 318 332 342

1,091 Oilseed, Sunflowerseed 1,029 1,230 1,502 1,306 1,256

97 Other 90 120 140 120 120

2,599 Total 2,943 2,926 3,066 2,981 2,786

none

Domestic Consumption none

53 Meal, Fish 61 81 90 91 93

440 Meal, Rapeseed 450 400 407 530 570

5,886 Meal, Soybean 5,703 5,770 6,358 6,637 7,119

1,968 Other 2,442 2,156 2,394 2,364 2,409

8,347 Total 8,656 8,407 9,249 9,622 10,191

none

SME none

77 Meal, Fish 88 117 130 131 134

313 Meal, Rapeseed 320 285 289 377 406

5,886 Meal, Soybean 5,703 5,770 6,358 6,637 7,119

1,777 Other 2,203 1,952 2,185 2,148 2,198

8,052 Total 8,314 8,124 8,962 9,293 9,857

none

Imports none

48 Meal, Fish 62 73 85 86 88

41 Meal, Rapeseed 116 78 41 50 70

4,335 Meal, Soybean 4,957 4,829 5,295 5,137 5,430

838 Other 1,192 749 1,117 1,115 1,218

5,262 Total 6,327 5,729 6,538 6,388 6,806

none

Imports none

2,389 Oil, Palm 2,239 2,389 2,414 2,480 2,605

4 Oil, Rapeseed 2 2 6 3 3

945 Oil, Soybean 506 651 640 594 619

813 Oil, Sunflowerseed 1,331 1,154 1,812 1,699 1,816

55 Other 45 52 66 63 64

4,206 Total 4,123 4,248 4,938 4,839 5,107

none

Industrial Dom. Cons. none

154 Oil, Palm 150 160 180 190 195

35 Oil, Rapeseed 31 23 35 40 45

64 Oil, Soybean 61 62 73 84 101

26 Oil, Sunflowerseed 25 25 25 25 25

55 Other 45 47 53 51 46

334 Total 312 317 366 390 412

none

Food Use Dom. Cons. none

1,628 Oil, Palm 1,663 1,845 1,873 1,955 2,090

87 Oil, Rapeseed 48 53 65 135 145

901 Oil, Soybean 797 795 808 813 851

1,248 Oil, Sunflowerseed 1,510 1,615 1,822 1,983 2,108

499 Other 556 496 526 488 512

4,363 Total 4,574 4,804 5,094 5,374 5,706

none

Domestic Consumption none

1,782 Oil, Palm 1,813 2,005 2,053 2,145 2,285

122 Oil, Rapeseed 79 76 100 175 190

985 Oil, Soybean 873 872 901 922 987

1,294 Oil, Sunflowerseed 1,557 1,665 1,877 2,038 2,163

554 Other 601 543 579 539 558

4,737 Total 4,923 5,161 5,510 5,819 6,183

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 May 2015Office of Global Analysis

Page 36: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

20,782 Oilseed, Rapeseed 19,240 19,560 21,299 24,255 21,600

1,198 Oilseed, Soybean 1,220 948 1,209 1,689 1,900

6,959 Oilseed, Sunflowerseed 8,455 7,088 9,008 8,935 8,500

383 Other 550 484 480 523 466

29,322 Total 29,465 28,080 31,996 35,402 32,466

none

Domestic Consumption none

633 Meal, Fish 676 551 598 585 585

12,224 Meal, Rapeseed 12,375 13,122 13,750 14,200 13,800

30,952 Meal, Soybean 29,670 27,122 28,442 29,442 30,492

7,652 Other 9,921 9,592 9,634 9,514 9,563

51,461 Total 52,642 50,387 52,424 53,741 54,440

none

SME none

915 Meal, Fish 977 796 864 845 845

8,697 Meal, Rapeseed 8,805 9,336 9,783 10,103 9,819

30,952 Meal, Soybean 29,670 27,122 28,442 29,442 30,492

5,959 Other 7,742 7,483 7,746 7,730 7,778

46,523 Total 47,194 44,737 46,835 48,120 48,934

none

Imports none

355 Meal, Fish 466 330 373 360 350

230 Meal, Rapeseed 244 415 457 440 450

21,877 Meal, Soybean 20,872 16,941 18,175 19,300 20,100

4,487 Other 6,620 5,698 5,656 5,470 5,520

26,949 Total 28,202 23,384 24,661 25,570 26,420

none

Industrial Dom. Cons. none

2,090 Oil, Palm 2,310 2,905 2,925 2,750 2,700

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

1,350 Oil, Soybean 1,031 841 910 1,000 900

227 Oil, Sunflowerseed 233 220 250 260 260

492 Other 482 470 450 410 410

11,081 Total 10,806 11,086 11,985 12,095 11,720

none

Food Use Dom. Cons. none

2,797 Oil, Palm 2,950 3,380 3,550 3,600 3,650

2,584 Oil, Rapeseed 2,600 2,568 2,210 2,460 2,500

1,090 Oil, Soybean 1,010 1,000 1,000 1,000 990

3,311 Oil, Sunflowerseed 3,215 3,150 3,400 3,450 3,500

2,925 Other 2,912 2,607 2,611 2,394 2,428

12,707 Total 12,687 12,705 12,771 12,904 13,068

none

Domestic Consumption none

5,110 Oil, Palm 5,523 6,560 6,775 6,650 6,650

9,516 Oil, Rapeseed 9,361 9,231 9,675 10,159 9,975

2,530 Oil, Soybean 2,109 1,908 1,980 2,070 1,960

3,541 Oil, Sunflowerseed 3,453 3,375 3,660 3,720 3,770

3,442 Other 3,420 3,105 3,081 2,819 2,853

24,139 Total 23,866 24,179 25,171 25,418 25,208

none

Imports none

4,944 Oil, Palm 5,707 6,798 6,902 6,800 6,800

491 Oil, Rapeseed 607 210 296 270 270

906 Oil, Soybean 386 322 325 300 200

817 Oil, Sunflowerseed 992 942 1,039 850 900

1,375 Other 1,428 1,657 1,296 1,356 1,317

8,533 Total 9,120 9,929 9,858 9,576 9,487

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 May 2015Office of Global Analysis

Page 37: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

15,644 Oilseed, Peanut 16,046 16,692 16,972 16,500 16,700

13,082 Oilseed, Rapeseed 13,426 14,007 14,458 14,600 14,200

15,080 Oilseed, Soybean 14,485 13,050 12,200 12,350 11,500

2,298 Oilseed, Sunflowerseed 2,313 2,323 2,423 2,350 2,400

11,953 Other 13,325 13,720 12,835 11,757 10,580

58,057 Total 59,595 59,792 58,888 57,557 55,380

none

Domestic Consumption none

1,553 Meal, Fish 1,624 1,368 1,447 1,330 1,400

10,317 Meal, Rapeseed 10,737 10,695 11,908 11,575 11,167

43,382 Meal, Soybean 47,435 50,091 52,534 56,540 59,483

7,751 Other 8,093 8,734 8,653 8,289 8,037

63,003 Total 67,889 70,888 74,542 77,734 80,087

none

SME none

2,244 Meal, Fish 2,347 1,977 2,091 1,922 2,023

7,341 Meal, Rapeseed 7,639 7,609 8,473 8,236 7,945

43,382 Meal, Soybean 47,435 50,091 52,534 56,540 59,483

7,306 Other 7,640 8,250 8,215 7,902 7,708

60,273 Total 65,061 67,927 71,313 74,600 77,159

none

Imports none

1,212 Meal, Fish 1,249 981 1,041 900 950

1,413 Meal, Rapeseed 666 106 314 100 200

294 Meal, Soybean 113 16 20 50 20

60 Other 4 9 58 30 35

2,979 Total 2,032 1,112 1,433 1,080 1,205

none

Food Use Dom. Cons. none

3,717 Oil, Palm 3,691 4,189 3,599 3,500 3,750

2,432 Oil, Peanut 2,585 2,745 2,789 2,810 2,825

5,965 Oil, Rapeseed 6,255 6,316 7,025 7,664 7,700

11,409 Oil, Soybean 12,044 12,545 13,657 14,283 15,029

362 Oil, Sunflowerseed 469 838 1,012 840 858

1,605 Other 1,668 1,715 1,623 1,531 1,440

25,490 Total 26,712 28,348 29,705 30,628 31,602

none

Domestic Consumption none

5,797 Oil, Palm 5,841 6,389 5,749 5,400 5,750

2,432 Oil, Peanut 2,585 2,745 2,789 2,810 2,825

5,965 Oil, Rapeseed 6,255 6,316 7,025 7,664 7,700

11,409 Oil, Soybean 12,044 12,545 13,657 14,283 15,029

362 Oil, Sunflowerseed 469 838 1,012 840 858

2,026 Other 2,144 2,335 2,118 2,106 2,090

27,991 Total 29,338 31,168 32,350 33,103 34,252

none

Imports none

5,711 Oil, Palm 5,841 6,589 5,573 5,300 5,750

68 Oil, Peanut 62 65 74 100 95

647 Oil, Rapeseed 1,036 1,598 902 850 900

1,319 Oil, Soybean 1,502 1,409 1,353 1,000 1,300

23 Oil, Sunflowerseed 122 362 531 400 400

618 Other 669 770 635 725 800

8,386 Total 9,232 10,793 9,068 8,375 9,245

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 38: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

May

2015/16

none

Production none

11,548 Oilseed, Cottonseed 12,312 12,100 12,950 12,700 12,500

5,850 Oilseed, Peanut 5,500 5,000 5,650 4,800 5,400

7,100 Oilseed, Rapeseed 6,200 6,800 7,300 7,100 7,500

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

655 Oilseed, Sunflowerseed 620 700 670 500 500

633 Other 775 720 725 730 735

35,886 Total 37,107 37,520 36,795 35,630 38,135

none

Domestic Consumption none

3,694 Meal, Cottonseed 3,927 3,957 4,230 4,375 4,234

1,459 Meal, Peanut 1,362 1,393 1,437 1,360 1,440

2,396 Meal, Rapeseed 2,295 2,477 2,403 2,660 2,619

2,870 Meal, Soybean 3,280 3,490 4,050 4,460 5,110

256 Meal, Sunflowerseed 293 384 315 255 255

261 Other 318 284 303 296 308

10,936 Total 11,475 11,985 12,738 13,406 13,966

none

SME none

2,993 Meal, Cottonseed 3,182 3,206 3,428 3,545 3,431

1,640 Meal, Peanut 1,531 1,566 1,615 1,529 1,619

1,705 Meal, Rapeseed 1,633 1,762 1,710 1,893 1,863

2,870 Meal, Soybean 3,280 3,490 4,050 4,460 5,110

242 Meal, Sunflowerseed 277 363 297 241 241

116 Other 143 127 136 133 139

9,566 Total 10,045 10,514 11,235 11,801 12,403

none

Food Use Dom. Cons. none

1,080 Oil, Cottonseed 1,185 1,195 1,250 1,300 1,275

6,820 Oil, Palm 7,185 7,920 8,024 8,600 9,200

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

2,203 Oil, Rapeseed 2,273 2,340 2,535 2,650 2,755

2,610 Oil, Soybean 2,750 2,950 3,300 3,400 4,000

991 Oil, Sunflowerseed 1,280 1,180 1,680 1,775 1,750

311 Other 320 330 335 345 345

15,256 Total 16,152 17,092 18,329 19,195 20,530

none

Domestic Consumption none

1,121 Oil, Cottonseed 1,227 1,238 1,295 1,345 1,320

7,090 Oil, Palm 7,485 8,250 8,384 9,000 9,700

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

2,243 Oil, Rapeseed 2,323 2,400 2,605 2,730 2,845

2,610 Oil, Soybean 2,750 2,950 3,300 3,400 4,000

991 Oil, Sunflowerseed 1,280 1,180 1,680 1,775 1,750

601 Other 610 680 685 680 675

15,912 Total 16,844 17,885 19,164 20,065 21,505

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

6,661 Oil, Palm 7,473 8,364 7,820 8,850 9,450

0 Oil, Peanut 0 0 0 0 0

5 Oil, Rapeseed 98 8 160 250 350

945 Oil, Soybean 1,174 1,086 1,830 2,000 2,450

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

195 Other 148 309 202 230 233

8,582 Total 10,007 10,706 11,540 12,880 14,033

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 39: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Year Rapeseed Copra

Beg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb Rott

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average

03/04-12/13 357 367 388 386 430 492 1364 431 472 454 633

2003/04 291 294 277 285 323 425 976 282 321 317 424

2004/05 217 214 232 228 277 402 915 316 313 262 431

2005/06 205 202 228 227 261 383 857 261 291 292 387

2006/07 254 264 279 279 335 394 1,128 343 401 375 537

2007/08 414 452 472 469 550 458 1,688 532 745 644 867

2008/09 368 365 403 392 421 517 1,204 461 364 393 487

2009/10 354 357 390 395 429 467 1,209 342 452 419 613

2010/11 454 482 508 511 549 508 1,792 591 661 647 1188

2011/12 488 505 549 533 562 729 2,480 632 593 616 829

2012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14

Oct 459 467 550 530 544 573 1,370 507 468 513 663

Nov 467 472 N/A 539 553 586 1,370 459 478 509 865

Dec 478 487 502 550 568 542 1,370 414 495 512 846

Jan 474 476 492 525 566 560 1,360 448 477 496 848

Feb 485 493 502 545 590 536 1,320 505 492 525 915

Mar 503 519 518 537 N/A 551 1,300 474 524 598 926

Apr 525 547 531 530 N/A 534 1,243 492 515 573 905

May 529 549 535 531 N/A 522 1,205 531 466 535 930

Jun 525 531 527 513 N/A 441 1,228 500 449 518 934

Jul 481 472 510 483 N/A 478 1,260 487 425 437 861

Aug 456 455 506 479 N/A 487 1,260 494 401 427 770

Sep 401 381 484 438 432 474 1,308 445 403 411 785

Average 482 487 514 517 542 524 1,300 480 466 505 854

2014/15

Oct 366 343 403 424 425 463 1,342 503 419 412 769

Nov 375 373 417 457 449 472 1,370 437 443 418 795

Dec 378 377 414 459 443 463 1,360 432 464 428 813

Jan 378 365 397 447 423 496 1,350 425 438 415 764

Feb 364 361 385 442 407 492 1,350 454 438 405 794

Mar 362 356 377 402 403 496 1,300 489 433 399 721

*Apr N/A 353 376 368 395 N/A 1,300 N/A 426 404 714

May

Jun

Jul

Aug

Sep

Average 371 361 396 428 421 480 1,339 457 437 412 767

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA

9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary Oct/Nov Shipment

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC

5/ 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 TonSoybean Peanut Sunseed

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

5/12/2015 11:58:10 AM

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 40: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Year Fish

Beg U.S. Brz Arg Hamb U.S. Rott Hamb

Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average

03/04-12/13 331 307 292 367 172 210 1236

2003/04 282 211 188 273 122 149 649

2004/05 202 172 157 231 94 120 665

2005/06 192 176 158 215 85 122 1060

2006/07 226 199 181 276 116 178 1220

2007/08 370 337 299 469 191 298 1146

2008/09 365 333 290 401 168 178 1,103

2009/10 343 327 311 391 167 222 1,668

2010/11 381 383 386 418 242 254 1,607

2011/12 434 442 442 461 272 263 1,448

2012/13 516 489 506 538 266 318 1,791

2013/14

Oct 489 563 534 555 260 313 1,644

Nov 497 542 520 541 272 322 1,600

Dec 549 513 543 548 306 324 1,553

Jan 529 476 517 539 313 298 1,531

Feb 561 494 543 571 314 313 1,564

Mar 546 511 532 582 299 337 1,653

Apr 567 516 519 563 295 350 1,658

May 573 522 533 547 292 343 1,651

Jun 553 500 527 531 276 321 1,765

Jul 497 463 454 477 212 298 1,806

Aug 540 461 470 485 167 282 1,773

Sep 580 442 411 456 154 281 1,723

Average 540 500 509 533 263 315 1,660

2014/15

Oct 421 411 414 440 179 263 1,770

Nov 487 434 445 460 229 289 1,836

Dec 476 436 439 453 270 290 1,852

Jan 419 402 419 431 273 284 1,790

Feb 408 378 403 412 249 268 1,715

Mar 394 365 369 392 223 258 1,630

*Apr 371 349 358 380 223 255 1,539

May

Jun

Jul

Aug

Sep

Average 425 396 407 424 235 272 1,733

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

U.S.

5/

244

202

Table 30: Protein Meal Prices

U.S. Dollars per Metric TonSoybean SunseedCottonseed

281

244

302

366

137

159

166

280

414

429

442

447

303

391

380

443

398

416

382

345

460

455

396

342

348

Rapeseed

Hamb

9/

226

178

131

129

318

367

346

333

342

278

295

317

353

184

298

195

221

395

375

337

299

316

336

335

358

257

263

278

279

272

266

265

323

5/12/2015 11:58:10 AM

267

271

262

262

Foreign Agricultural Service/USDA May 2015Office of Global Analysis

Page 41: Large Oilseed Carry-Over Provides Plentiful Supplies in ......May 2015 Large Oilseed Carry-Over Provides Plentiful Supplies in 2015/16 Global oilseed supplies are forecast to rise

Year Cottonseed Palm Canola Coconut Corn

Begin 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 Average

03/04-12/13 837 834 830 925 951 1,334 1,013 1,583 1,525 740 991 950 921

2003/04 661 567 542 633 688 738 663 1,317 1,178 481 670 630 625

2004/05 507 466 471 545 609 962 703 1,171 1,102 392 660 636 614

2005/06 516 474 467 573 649 896 635 981 931 416 770 583 555

2006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 701

2007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,529

2008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 722

2009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866

2010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331

2011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,236

2012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14

Oct 878 915 908 987 908 1,334 988 1,786 1,575 795 1,011 985 834

Nov 873 924 932 996 927 1,265 998 1,735 1,543 835 1,025 1,270 855

Dec 830 884 895 989 952 1,257 982 1,662 1,493 813 1,012 1,269 845

Jan 771 841 848 943 1,038 1,257 920 1,448 1,410 796 952 1,270 855

Feb 818 878 879 985 1,274 1,257 945 1,368 1,303 846 976 1,365 905

Mar 900 922 904 1,002 1,542 1,279 964 1,302 1,221 890 1,019 1,394 952

Apr 923 909 880 999 1,653 1,301 941 1,273 1,174 858 1,018 1,356 925

May 897 880 861 966 1,857 1,301 943 1,261 1,200 828 958 1,411 904

Jun 878 880 879 936 1,837 1,268 928 1,284 1,310 793 922 1,402 882

Jul 829 861 858 888 1,613 1,345 887 1,293 1,325 782 875 1,260 860

Aug 772 804 825 857 1,350 1,389 828 1,385 1,350 701 853 1,172 838

Sep 749 751 772 851 1,094 1,389 823 1,361 1,360 694 828 1,181 775

Average 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15

Oct 752 764 770 836 914 1,389 874 1,322 1,365 693 836 1,150 761

Nov 737 765 772 830 898 1,361 892 1,337 1,368 693 836 1,194 749

Dec 718 772 772 820 889 1,279 877 1,326 1,370 656 814 1,217 743

Jan 713 773 784 799 991 1,389 837 1,238 1,391 652 773 1,155 769

Feb 696 725 723 773 1,076 1,447 802 1,225 1,366 662 751 1,187 797

Mar 681 676 663 748 1,015 1,445 801 1,206 1,356 629 749 1,091 832

*Apr 686 670 665 749 1,062 1,444 838 1,208 1,348 610 742 1,080 866

May

Jun

Jul

Aug

Sep

Average 712 735 736 794 978 1,393 846 1,266 1,366 656 786 1,153 788

1/ 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 FOB

Ex-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

5/12/2015 11:58:10 AM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA May 2015Office of Global Analysis