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United States Department of Agriculture Foreign Agricultural Service
Approved by the World Agricultural Outlook Board/USDA
Circular Series FOP 10-12 October 2012
Growing Supply, Slow Demand Drag Palm Oil Prices Lower
Palm oil prices fell to a three year low this month, dropping 25 percent over the past 5 months compared to a more modest 8 percent decline for major competing oils (rape, soy and sun). While some of the palm oil price decline stems from the recent sell-off in oilseed markets, much of it can be attributed to growing stocks in Malaysia and Indonesia which account for nearly 90 percent of world production and trade. The increase in Malaysia’s and Indonesia’s palm oil stocks is occurring as larger monthly production faces slowing sales to China and the United States. The slower import pace associated with these markets has offset growing sales to India and the EU leaving global palm oil trade flat over the past few months. As palm oil prices fall more than competing oils, its comparative advantage will improve and should provide a boost in demand. This would eventually lend support to palm oil prices and reduce the decline relative to other oils.
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OVERVIEW Global soybean trade is forecast higher as larger U.S. supplies allow for increased imports by China. U.S. production is raised sharply supported by larger area and yields. Global soybean meal and oil trade is also forecast to grow due to increased availability and strong demand. The season average U.S. farm price is lowered, but still a record high. SOYBEAN PRICES U.S. export bids, FOB Gulf, in September averaged $649 per ton, down $12 from last month, but remain elevated supported by strong foreign demand. As of the week-ending September 27, U.S. soybean commitments (outstanding sales plus accumulated exports) to China totaled 14.6 million tons, compared to 11.8 million a year ago. Total commitments to the world are 23.5 million tons compared to 16.8 million for the same period last year. 2012/13 TRADE OUTLOOK
• U.S. soybean exports are raised 5.7 million tons to 34.4 million on increased supplies.
• China’s soybean imports are raised 1.5 million tons to 61.0 million tons due to expected lower
prices and improved supply situation in the United States.
• Argentina’s soybean exports are reduced 1.5 million tons to 12.0 million in response to a slower shipment pace and increased domestic use.
• Brazil’s soybean exports are lowered 1.7 million tons to 37.4 million because of reduced demand
from China.
• Canada’s rapeseed exports are down 1.0 million tons to 7.3 million following a significant drop in production.
• Australia’s rapeseed exports are lowered 380,000 tons to 2.1 million due to reduced exportable
supplies. • China’s rapeseed imports dropped 500,000 tons to 1.8 million in response to diminished supplies
from Canada. • EU-27’s rapeseed imports are reduced 300,000 tons to 3.2 million on lower exportable supplies
from Australia and Canada. • Iran’s soybean meal imports are up 450,000 tons to 2.1 million based on recent strong demand.
(Imports for 2011/12 were raised 650,000 tons to 2.3 million).
October 2012
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Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
5.88 Oilseed, Copra 5.88 6.02 5.54 5.66 5.66
41.08 Oilseed, Cottonseed 38.91 43.56 46.60 43.03 43.68
11.75 Oilseed, Palm Kernel 12.22 12.55 13.11 13.79 13.80
35.06 Oilseed, Peanut 33.72 35.98 35.32 36.35 36.48
57.81 Oilseed, Rapeseed 60.96 60.53 60.56 61.28 59.00
211.64 Oilseed, Soybean 261.09 264.68 238.11 258.13 264.28
33.48 Oilseed, Sunflowerseed 32.18 33.33 39.11 34.82 34.81
396.69 Total 444.96 456.64 438.34 453.06 457.70
none
Imports none
0.11 Oilseed, Copra 0.10 0.14 0.12 0.13 0.12
0.53 Oilseed, Cottonseed 0.57 0.86 0.97 0.96 0.96
0.07 Oilseed, Palm Kernel 0.04 0.04 0.04 0.04 0.04
1.88 Oilseed, Peanut 1.97 2.22 2.18 2.14 2.14
12.12 Oilseed, Rapeseed 10.73 10.40 12.76 12.46 11.01
77.39 Oilseed, Soybean 86.84 88.80 90.76 91.78 93.46
1.85 Oilseed, Sunflowerseed 1.48 1.56 1.87 1.53 1.47
93.95 Total 101.71 104.00 108.70 109.04 109.20
none
Exports none
0.13 Oilseed, Copra 0.12 0.12 0.11 0.11 0.11
0.55 Oilseed, Cottonseed 0.58 1.00 1.11 1.03 1.07
0.02 Oilseed, Palm Kernel 0.02 0.02 0.02 0.02 0.02
2.44 Oilseed, Peanut 2.42 2.84 2.59 2.65 2.68
12.05 Oilseed, Rapeseed 10.79 10.85 12.49 12.34 10.96
76.89 Oilseed, Soybean 92.86 92.67 90.45 93.74 96.20
2.14 Oilseed, Sunflowerseed 1.56 1.79 1.88 1.44 1.34
94.22 Total 108.34 109.28 108.64 111.33 112.37
none
Crush none
5.64 Oilseed, Copra 5.81 6.09 5.61 5.66 5.66
31.57 Oilseed, Cottonseed 30.34 32.54 34.53 33.64 33.99
11.53 Oilseed, Palm Kernel 12.30 12.42 12.94 13.68 13.69
15.81 Oilseed, Peanut 14.80 15.89 16.36 16.12 16.16
52.07 Oilseed, Rapeseed 56.67 59.47 60.77 60.22 58.66
193.17 Oilseed, Soybean 209.20 221.33 225.21 226.91 228.99
29.21 Oilseed, Sunflowerseed 29.58 29.69 35.74 32.01 32.01
339.00 Total 358.69 377.43 391.16 388.24 389.14
none
Ending Stocks none
0.29 Oilseed, Copra 0.31 0.24 0.14 0.16 0.13
0.89 Oilseed, Cottonseed 0.67 1.15 1.63 0.97 1.04
0.32 Oilseed, Palm Kernel 0.15 0.19 0.27 0.27 0.27
1.62 Oilseed, Peanut 1.42 1.54 0.98 1.50 1.52
7.28 Oilseed, Rapeseed 8.82 6.97 4.42 3.35 2.48
43.71 Oilseed, Soybean 61.15 70.56 54.79 53.10 57.56
3.19 Oilseed, Sunflowerseed 2.00 1.81 1.41 1.05 0.96
57.30 Total 74.51 82.45 63.64 60.40 63.96
Totals may not add due to rounding
October 2012
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Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
1.87 Meal, Copra 1.92 2.02 1.86 1.88 1.88
14.25 Meal, Cottonseed 13.81 14.84 15.74 15.24 15.44
5.10 Meal, Fish 4.32 4.55 4.70 4.73 4.73
6.12 Meal, Palm Kernel 6.53 6.63 6.89 7.27 7.28
6.21 Meal, Peanut 5.79 6.22 6.41 6.34 6.35
30.77 Meal, Rapeseed 33.55 35.12 36.01 35.58 34.67
151.78 Meal, Soybean 164.95 174.52 178.34 179.08 180.72
12.75 Meal, Sunflowerseed 12.96 13.05 15.57 14.06 14.06
228.84 Total 243.82 256.94 265.52 264.16 265.11
none
Imports none
0.64 Meal, Copra 0.80 0.55 0.62 0.68 0.68
0.38 Meal, Cottonseed 0.37 0.50 0.36 0.38 0.37
3.11 Meal, Fish 2.63 2.66 2.93 2.98 2.98
4.10 Meal, Palm Kernel 4.30 4.56 4.69 4.86 4.79
0.06 Meal, Peanut 0.11 0.12 0.06 0.07 0.07
3.58 Meal, Rapeseed 3.63 4.99 5.21 5.23 5.07
51.53 Meal, Soybean 53.37 56.35 57.56 58.03 58.37
3.91 Meal, Sunflowerseed 3.49 3.88 5.84 4.60 4.58
67.31 Total 68.70 73.60 77.26 76.83 76.89
none
Exports none
0.52 Meal, Copra 1.07 0.59 0.63 0.58 0.68
0.40 Meal, Cottonseed 0.39 0.40 0.43 0.38 0.42
2.95 Meal, Fish 2.27 2.49 2.62 2.65 2.65
4.65 Meal, Palm Kernel 4.95 5.23 5.51 5.50 5.56
0.09 Meal, Peanut 0.12 0.15 0.11 0.11 0.11
3.61 Meal, Rapeseed 3.61 5.20 5.44 5.45 5.19
52.85 Meal, Soybean 55.59 58.56 59.39 60.30 60.60
4.30 Meal, Sunflowerseed 4.12 4.58 6.57 4.90 5.00
69.36 Total 72.12 77.20 80.69 79.87 80.20
none
Domestic Consumption none
1.84 Meal, Copra 1.93 1.90 1.71 1.95 1.82
14.28 Meal, Cottonseed 13.73 14.94 15.66 15.31 15.42
5.33 Meal, Fish 4.70 4.75 5.02 5.07 5.08
5.52 Meal, Palm Kernel 5.78 6.05 6.24 6.60 6.48
6.12 Meal, Peanut 5.79 6.20 6.36 6.29 6.30
30.77 Meal, Rapeseed 33.46 34.87 35.76 35.42 34.70
152.56 Meal, Soybean 160.94 170.03 176.29 178.64 179.52
12.06 Meal, Sunflowerseed 12.33 12.29 14.53 14.34 14.13
228.50 Total 238.67 251.02 261.56 263.61 263.45
none
Ending Stocks none
0.33 Meal, Copra 0.05 0.13 0.28 0.18 0.34
0.11 Meal, Cottonseed 0.16 0.16 0.18 0.09 0.15
0.24 Meal, Fish 0.21 0.18 0.17 0.17 0.15
0.22 Meal, Palm Kernel 0.31 0.22 0.05 0.22 0.08
0.07 Meal, Peanut 0.06 0.04 0.04 0.04 0.04
0.24 Meal, Rapeseed 0.35 0.40 0.42 0.37 0.28
4.86 Meal, Soybean 6.65 8.93 9.14 7.38 8.10
0.53 Meal, Sunflowerseed 0.53 0.58 0.89 0.30 0.39
6.60 Total 8.32 10.63 11.17 8.75 9.53
Totals may not add due to rounding
October 2012
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Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
3.54 Oil, Coconut 3.63 3.83 3.56 3.52 3.52
4.75 Oil, Cottonseed 4.60 4.96 5.26 5.10 5.16
2.78 Oil, Olive 3.05 3.25 3.31 2.94 2.94
44.02 Oil, Palm 45.87 47.92 50.20 52.27 52.33
5.17 Oil, Palm Kernel 5.50 5.56 5.77 6.09 6.09
5.08 Oil, Peanut 4.74 5.10 5.24 5.17 5.18
20.56 Oil, Rapeseed 22.43 23.57 24.04 23.84 23.21
35.89 Oil, Soybean 38.82 41.29 42.16 42.32 42.69
11.95 Oil, Sunflowerseed 12.12 12.22 14.71 13.10 13.13
133.74 Total 140.75 147.70 154.25 154.33 154.24
none
Imports none
1.66 Oil, Coconut 2.29 1.78 1.83 1.82 1.82
0.06 Oil, Cottonseed 0.07 0.05 0.07 0.06 0.06
0.57 Oil, Olive 0.54 0.57 0.59 0.64 0.64
34.06 Oil, Palm 35.32 35.88 38.00 39.55 39.58
2.35 Oil, Palm Kernel 2.40 2.42 2.56 2.76 2.75
0.14 Oil, Peanut 0.19 0.20 0.17 0.19 0.19
2.43 Oil, Rapeseed 2.91 3.30 3.85 3.62 3.61
9.07 Oil, Soybean 8.62 9.22 8.07 7.95 8.16
4.01 Oil, Sunflowerseed 3.71 3.61 5.44 5.41 5.38
54.35 Total 56.04 57.03 60.57 62.00 62.19
none
Exports none
1.48 Oil, Coconut 2.17 1.71 1.71 1.76 1.70
0.16 Oil, Cottonseed 0.11 0.14 0.19 0.14 0.12
0.65 Oil, Olive 0.70 0.78 0.77 0.77 0.77
34.93 Oil, Palm 35.75 36.76 38.60 40.33 40.36
2.61 Oil, Palm Kernel 2.62 2.81 2.74 3.12 3.05
0.20 Oil, Peanut 0.19 0.17 0.16 0.21 0.21
2.43 Oil, Rapeseed 2.75 3.45 3.90 3.81 3.62
9.15 Oil, Soybean 9.14 9.51 8.41 8.39 8.50
4.55 Oil, Sunflowerseed 4.49 4.58 6.51 5.81 5.80
56.15 Total 57.91 59.91 62.99 64.34 64.12
none
Domestic Consumption none
3.35 Oil, Coconut 3.96 3.81 3.77 3.75 3.75
4.74 Oil, Cottonseed 4.60 4.77 5.15 5.10 5.19
2.92 Oil, Olive 2.95 3.00 3.03 3.05 3.05
42.71 Oil, Palm 44.91 46.91 49.09 51.55 51.69
4.90 Oil, Palm Kernel 5.06 5.25 5.61 5.75 5.78
4.94 Oil, Peanut 4.88 5.11 5.26 5.17 5.19
20.27 Oil, Rapeseed 22.50 23.44 23.59 23.99 23.62
36.16 Oil, Soybean 38.13 40.73 41.81 43.07 43.57
10.63 Oil, Sunflowerseed 11.56 11.47 12.97 13.23 13.24
130.61 Total 138.55 144.48 150.29 154.65 155.06
none
Ending Stocks none
0.79 Oil, Coconut 0.57 0.66 0.56 0.31 0.45
0.20 Oil, Cottonseed 0.16 0.27 0.26 0.18 0.18
0.66 Oil, Olive 0.59 0.64 0.74 0.51 0.51
4.82 Oil, Palm 5.35 5.48 5.99 5.04 5.85
0.67 Oil, Palm Kernel 0.90 0.82 0.80 0.66 0.80
0.25 Oil, Peanut 0.10 0.12 0.10 0.07 0.07
1.15 Oil, Rapeseed 1.24 1.23 1.62 1.22 1.20
3.12 Oil, Soybean 3.29 3.57 3.56 2.21 2.35
1.72 Oil, Sunflowerseed 1.49 1.27 1.95 1.34 1.42
13.38 Total 13.71 14.05 15.58 11.54 12.83
Totals may not add due to rounding
October 2012
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Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
89.20 United States 98.90 100.38 92.35 81.96 88.18
60.31 Brazil 71.42 79.23 70.20 83.72 83.72
35.51 Argentina 57.94 54.22 45.69 60.51 60.51
58.12 China 57.84 58.10 57.62 55.60 55.80
33.40 India 32.37 34.77 35.52 34.58 34.93
120.16 Other 126.48 129.94 136.97 136.69 134.57
396.69 Total 444.96 456.64 438.34 453.06 457.70
Imports none
44.14 China 52.54 53.66 61.06 62.17 63.17
18.03 EU-27 15.90 16.25 15.46 15.28 14.98
4.72 Mexico 5.20 5.36 5.21 5.09 5.09
5.74 Japan 5.91 5.47 5.42 5.14 4.84
1.63 Indonesia 1.90 2.19 2.29 2.31 2.31
2.22 Taiwan 2.47 2.46 2.26 2.21 2.21
1.56 Thailand 1.73 2.20 1.98 2.02 2.02
1.75 Turkey 2.59 2.34 2.03 1.81 1.81
1.60 Egypt 1.68 1.71 1.87 1.77 1.77
1.30 United States 1.07 0.94 1.28 1.33 1.33
11.26 Other 10.72 11.41 9.86 9.93 9.68
93.95 Total 101.71 104.00 108.70 109.04 109.20
Exports none
30.14 Brazil 28.65 30.07 36.44 39.19 37.49
35.69 United States 41.69 41.83 37.64 29.59 35.33
6.31 Argentina 13.82 10.01 8.58 14.53 13.03
10.00 Canada 9.47 10.20 11.66 11.29 10.24
2.33 Paraguay 5.69 6.75 3.15 5.44 5.44
3.68 Ukraine 2.41 2.85 2.81 3.05 2.95
1.21 Australia 1.37 2.20 2.88 3.01 2.66
4.86 Other 5.26 5.38 5.48 5.23 5.23
94.22 Total 108.34 109.28 108.64 111.33 112.37
Crush none
73.12 China 81.41 87.41 95.22 97.83 97.73
49.34 United States 51.49 49.34 50.36 45.55 46.60
34.85 Argentina 37.19 41.58 39.31 42.26 42.76
39.51 EU-27 41.62 41.02 40.34 39.58 39.58
34.09 Brazil 35.95 39.33 39.71 39.29 39.29
26.13 India 25.15 29.61 29.76 28.77 29.00
8.30 Russia 8.69 7.83 11.96 9.63 9.63
6.92 Ukraine 7.67 8.49 10.29 8.87 8.95
6.70 Indonesia 7.57 7.68 8.05 8.64 8.64
5.57 Canada 6.08 7.76 8.50 8.73 8.23
4.79 Pakistan 5.33 5.44 5.72 5.87 5.98
5.10 Mexico 5.48 5.74 5.78 5.71 5.71
4.91 Malaysia 4.97 4.97 4.96 5.20 5.20
4.70 Japan 4.84 4.52 4.34 4.16 3.87
2.58 Turkey 2.76 2.99 3.01 3.15 3.15
32.41 Other 32.49 33.74 33.86 35.03 34.86
339.00 Total 358.69 377.43 391.16 388.24 389.14
Ending Stocks none
17.42 Argentina 22.54 23.23 19.16 20.53 22.01
12.77 Brazil 16.71 23.04 13.66 16.32 17.50
8.95 China 15.37 16.16 15.48 12.14 13.07
5.62 United States 5.54 7.31 5.57 4.76 5.17
3.13 EU-27 2.79 2.77 2.84 1.91 1.68
9.41 Other 11.55 9.94 6.93 4.74 4.53
57.30 Total 74.51 82.45 63.64 60.40 63.96
Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
October 2012
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Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
49.13 China 55.67 60.43 65.98 68.28 68.27
37.72 United States 40.07 38.06 39.73 35.02 35.90
25.89 Argentina 27.98 31.07 29.41 31.58 31.93
25.78 Brazil 27.22 29.63 29.91 29.74 29.74
25.75 EU-27 26.91 26.50 25.85 25.37 25.37
64.56 Other 65.97 71.25 74.64 74.18 73.91
228.84 Total 243.82 256.94 265.52 264.16 265.11
Imports none
26.75 EU-27 25.29 26.85 27.90 27.43 27.43
2.56 Indonesia 2.66 3.31 3.33 3.47 3.37
2.59 Thailand 2.93 2.75 3.28 3.24 3.29
3.18 Korea, South 3.32 3.08 3.24 3.27 3.27
1.81 United States 1.34 2.24 3.13 3.26 3.16
2.23 Japan 2.51 2.49 2.54 2.61 2.66
2.85 Vietnam 3.19 2.79 2.61 2.61 2.55
25.35 Other 27.46 30.09 31.22 30.95 31.18
67.31 Total 68.70 73.60 77.26 76.83 76.89
Exports none
24.75 Argentina 25.55 28.40 27.38 31.03 30.69
13.11 Brazil 12.99 13.99 14.78 14.50 14.50
7.94 United States 10.31 8.49 8.95 6.42 7.05
4.63 India 3.95 6.18 5.63 5.29 5.29
2.68 Indonesia 2.87 3.14 3.41 3.44 3.47
1.95 Canada 2.06 3.21 3.49 3.69 3.46
2.27 Ukraine 2.52 2.93 3.82 3.14 3.24
12.03 Other 11.87 10.87 13.22 12.36 12.50
69.36 Total 72.12 77.20 80.69 79.87 80.20
Domestic Consumption none
49.56 China 56.43 62.88 67.05 69.66 69.55
52.22 EU-27 51.36 51.93 52.34 52.09 52.09
31.68 United States 31.01 31.78 33.95 31.87 32.01
13.50 Brazil 14.10 14.97 15.47 15.62 15.62
10.33 India 10.50 11.43 12.04 12.13 12.23
5.35 Mexico 5.44 5.72 5.75 5.67 5.71
5.79 Japan 5.87 5.75 5.71 5.63 5.53
4.25 Thailand 4.66 4.74 5.25 5.25 5.30
3.38 Russia 3.72 3.99 4.45 4.62 4.54
3.10 Indonesia 3.29 3.64 3.81 4.09 3.96
49.35 Other 52.30 54.20 55.76 56.99 56.92
228.50 Total 238.67 251.02 261.56 263.61 263.45
SME none
47.31 China 53.61 60.10 64.18 67.00 66.99
47.25 EU-27 46.39 46.81 47.20 46.94 46.94
30.98 United States 30.47 30.92 32.86 30.71 30.89
13.30 Brazil 13.89 14.69 15.19 15.39 15.39
9.01 India 9.09 9.93 10.53 10.62 10.70
5.65 Japan 5.74 5.60 5.57 5.49 5.42
5.04 Mexico 5.08 5.35 5.37 5.30 5.36
56.26 Other 59.48 61.98 64.62 65.96 65.91
214.80 Total 223.75 235.39 245.52 247.40 247.59
Ending Stocks none
0.92 Argentina 1.84 2.97 3.36 2.20 2.98
1.95 Brazil 2.17 2.90 2.60 2.55 2.26
0.11 Indonesia 0.24 0.54 0.61 0.88 0.80
0.35 Philippines 0.10 0.33 0.48 0.21 0.57
0.93 EU-27 0.80 1.00 0.97 0.46 0.56
2.35 Other 3.17 2.91 3.17 2.45 2.37
6.60 Total 8.32 10.63 11.17 8.75 9.53
Major Protien Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
October 2012
Page 8
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
23.69 Indonesia 25.59 27.27 29.25 31.06 31.06
16.11 China 17.88 19.02 20.77 21.06 20.97
19.43 Malaysia 19.94 20.38 20.38 20.79 20.79
15.48 EU-27 16.71 16.63 16.65 15.97 15.97
9.67 United States 10.07 9.78 10.10 9.12 9.30
7.35 Argentina 7.69 8.79 8.25 8.91 8.99
6.78 Brazil 7.14 7.78 7.87 7.81 7.81
35.25 Other 35.74 38.04 40.99 39.63 39.36
133.74 Total 140.75 147.70 154.25 154.33 154.24
Imports none
8.79 India 9.07 8.58 9.90 10.20 10.19
9.77 China 9.00 8.39 9.08 9.43 9.38
9.26 EU-27 8.92 8.15 8.73 9.08 9.08
3.23 United States 3.34 3.61 3.80 4.05 4.12
1.61 Malaysia 1.98 2.44 2.65 2.69 2.69
1.96 Pakistan 2.21 2.16 2.19 2.29 2.30
1.75 Egypt 1.90 2.24 2.20 2.11 2.16
0.96 Bangladesh 1.31 1.38 1.40 1.46 1.46
1.19 Iran 0.97 1.45 1.18 1.09 1.14
0.83 Turkey 0.62 0.86 1.11 0.98 0.97
15.00 Other 16.73 17.78 18.32 18.64 18.72
54.35 Total 56.04 57.03 60.57 62.00 62.19
Exports none
18.09 Indonesia 18.72 18.46 20.07 21.22 21.15
16.53 Malaysia 16.59 17.64 17.67 18.34 18.34
5.65 Argentina 5.10 5.59 4.87 5.20 5.20
2.16 Ukraine 2.69 2.70 3.29 3.27 3.27
1.57 Canada 1.86 2.49 2.75 2.75 2.57
1.97 Brazil 1.49 1.75 1.91 1.76 1.78
1.24 EU-27 1.32 1.62 1.84 1.42 1.49
8.93 Other 10.14 9.66 10.60 10.38 10.32
56.15 Total 57.91 59.91 62.99 64.34 64.12
Domestic Consumption none
24.74 China 26.91 27.69 29.13 30.50 30.40
23.24 EU-27 24.42 24.14 23.49 23.77 23.63
14.51 India 15.23 16.04 17.22 17.82 17.92
11.17 United States 11.20 11.92 12.84 12.87 13.09
6.14 Indonesia 6.72 7.94 8.99 9.84 9.89
5.23 Brazil 6.04 6.33 6.49 6.60 6.60
4.93 Malaysia 5.18 4.97 4.97 5.16 5.18
1.85 Argentina 2.36 2.98 3.50 3.79 3.84
3.05 Pakistan 3.30 3.47 3.49 3.61 3.63
3.03 Russia 3.10 3.14 3.22 3.23 3.23
1.73 Egypt 1.83 2.14 2.29 2.36 2.41
1.95 Mexico 2.07 2.14 2.22 2.26 2.28
2.24 Japan 2.23 2.20 2.18 2.17 2.16
1.80 Nigeria 1.83 1.85 1.86 1.87 1.87
1.68 Turkey 1.66 1.74 1.79 1.85 1.85
23.31 Other 24.47 25.81 26.63 26.94 27.09
130.61 Total 138.55 144.48 150.29 154.65 155.06
Ending Stocks none
2.11 Malaysia 2.26 2.47 2.86 1.93 2.82
0.27 Indonesia 0.50 1.42 1.66 1.68 1.73
2.42 EU-27 2.31 1.33 1.40 1.23 1.33
1.27 China 1.13 0.78 1.42 1.18 1.29
1.74 United States 1.99 1.61 1.58 0.96 0.96
5.57 Other 5.52 6.44 6.66 4.57 4.70
13.38 Total 13.71 14.05 15.58 11.54 12.83
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
October 2012
Page 9
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
57,800 Brazil 69,000 75,500 66,500 81,000 81,000
80,749 United States 91,417 90,605 84,192 71,694 77,844
32,000 Argentina 54,500 49,000 41,000 55,000 55,000
15,540 China 14,980 15,100 13,500 12,600 12,600
9,100 India 9,700 9,800 11,000 11,400 11,500
3,647 Paraguay 7,377 8,310 4,000 8,100 8,100
3,336 Canada 3,507 4,345 4,246 4,400 4,300
9,464 Other 10,605 12,016 13,673 13,939 13,939
211,636 Total 261,086 264,676 238,111 258,133 264,283
Imports none
41,098 China 50,338 52,339 58,000 59,500 61,000
13,213 EU-27 12,674 12,482 10,800 10,700 10,700
3,327 Mexico 3,523 3,498 3,400 3,200 3,350
3,396 Japan 3,401 2,917 2,780 2,600 2,600
2,216 Taiwan 2,469 2,454 2,250 2,200 2,200
1,393 Indonesia 1,620 1,898 1,990 2,000 2,000
1,510 Thailand 1,660 2,139 1,906 1,950 1,950
1,575 Egypt 1,638 1,644 1,600 1,550 1,550
184 Vietnam 231 924 1,150 1,230 1,230
1,167 Korea, South 1,197 1,239 1,120 1,100 1,100
8,312 Other 8,087 7,264 5,765 5,754 5,779
77,391 Total 86,838 88,798 90,761 91,784 93,459
Exports none
29,987 Brazil 28,578 29,951 36,315 39,100 37,400
34,817 United States 40,798 40,849 37,013 28,712 34,428
5,590 Argentina 13,088 9,205 7,600 13,500 12,000
2,283 Paraguay 5,655 6,700 3,100 5,400 5,400
2,017 Canada 2,247 2,943 2,932 2,950 2,900
2,200 Other 2,497 3,024 3,487 4,075 4,075
76,894 Total 92,863 92,672 90,447 93,737 96,203
Crush none
41,035 China 48,830 55,000 60,070 63,900 64,200
45,230 United States 47,673 44,851 46,348 40,823 41,912
31,243 Argentina 34,127 37,614 35,734 38,200 38,700
31,868 Brazil 33,700 36,330 36,700 36,800 36,800
12,860 EU-27 12,510 12,265 11,370 11,050 11,050
7,200 India 7,400 9,600 10,000 10,000 10,000
3,465 Mexico 3,600 3,625 3,550 3,415 3,565
1,497 Russia 1,950 2,170 2,400 2,560 2,560
1,500 Paraguay 1,500 1,450 1,250 2,500 2,500
1,435 Bolivia 1,520 1,685 2,070 2,180 2,180
1,917 Taiwan 2,150 2,150 2,010 1,970 1,970
2,497 Japan 2,535 2,149 1,950 1,800 1,800
1,390 Thailand 1,520 1,820 1,751 1,800 1,800
1,545 Egypt 1,635 1,644 1,600 1,540 1,540
1,286 Canada 1,292 1,448 1,500 1,475 1,475
7,201 Other 7,258 7,528 6,910 6,900 6,935
193,169 Total 209,200 221,329 225,213 226,913 228,987
Ending Stocks none
16,588 Argentina 22,277 22,872 18,938 20,122 21,588
12,642 Brazil 16,638 22,894 13,479 16,254 17,439
7,555 China 13,259 14,558 14,738 11,740 12,770
3,761 United States 4,106 5,852 4,611 3,130 3,526
407 Turkey 701 644 401 434 391
2,752 Other 4,167 3,735 2,620 1,422 1,849
43,705 Total 61,148 70,555 54,787 53,102 57,563
Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a September/August
MY. Canada is on an August/July MY. Paraguay is on a March/February MY and Turkey is on an March/February MY.
October 2012
Page 10
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
32,475 China 38,644 43,560 47,575 50,609 50,846
35,473 United States 37,836 35,608 37,412 32,387 33,294
24,363 Argentina 26,624 29,312 27,830 29,800 30,150
24,700 Brazil 26,120 28,160 28,440 28,520 28,520
10,131 EU-27 9,880 9,675 8,958 8,709 8,709
5,750 India 5,910 7,665 7,985 7,985 7,985
2,730 Mexico 2,835 2,857 2,795 2,697 2,817
16,154 Other 17,100 17,682 17,342 18,368 18,394
151,776 Total 164,949 174,519 178,337 179,075 180,715
Imports none
20,993 EU-27 20,728 21,710 21,200 21,900 21,900
2,339 Indonesia 2,507 3,069 3,070 3,200 3,100
2,160 Thailand 2,513 2,318 2,810 2,750 2,800
2,526 Vietnam 2,879 2,545 2,425 2,340 2,340
1,812 Japan 2,106 2,208 2,250 2,250 2,250
1,311 Iran 1,524 1,742 2,250 1,650 2,100
1,571 Philippines 1,713 1,939 1,860 1,850 1,840
1,813 Korea, South 1,737 1,658 1,575 1,700 1,700
1,518 Mexico 1,209 1,500 1,525 1,550 1,550
900 Venezuela 1,064 982 1,170 1,185 1,185
14,585 Other 15,393 16,676 17,425 17,655 17,605
51,528 Total 53,373 56,347 57,560 58,030 58,370
Exports none
24,025 Argentina 24,914 27,615 26,625 30,100 29,760
13,109 Brazil 12,985 13,987 14,778 14,500 14,500
7,708 United States 10,124 8,238 8,709 6,169 6,804
3,808 India 3,117 4,800 4,600 4,350 4,350
1,076 Paraguay 1,124 1,072 900 1,840 1,840
3,119 Other 3,327 2,852 3,779 3,345 3,350
52,845 Total 55,591 58,564 59,391 60,304 60,604
Domestic Consumption none
31,673 China 37,546 43,382 46,790 50,009 50,246
31,579 EU-27 30,138 30,722 29,713 30,062 30,062
27,898 United States 27,796 27,489 28,939 26,490 26,762
12,418 Brazil 13,000 13,500 14,000 14,400 14,400
4,220 Mexico 4,095 4,325 4,325 4,245 4,365
3,200 Thailand 3,663 3,725 4,185 4,175 4,225
1,975 India 2,570 2,900 3,350 3,800 3,800
3,840 Japan 3,900 3,844 3,805 3,677 3,677
2,480 Vietnam 2,850 3,019 3,150 3,275 3,275
2,383 Indonesia 2,527 2,734 2,910 3,050 2,950
2,236 Iran 2,467 2,550 2,500 1,965 2,480
1,646 Russia 1,874 2,181 2,365 2,350 2,350
2,459 Korea, South 2,420 2,336 2,270 2,284 2,284
1,450 Egypt 1,685 2,030 2,110 2,180 2,180
2,185 Canada 2,000 2,005 2,139 2,085 2,085
20,920 Other 22,409 23,287 23,737 24,597 24,379
152,562 Total 160,940 170,029 176,288 178,644 179,520
Ending Stocks none
765 Argentina 1,786 2,763 3,205 2,043 2,825
1,934 Brazil 2,155 2,886 2,583 2,546 2,253
65 Indonesia 45 380 540 690 690
213 United States 274 318 272 272 272
94 Philippines 86 208 224 62 262
1,790 Other 2,306 2,370 2,319 1,762 1,802
4,861 Total 6,652 8,925 9,143 7,375 8,104
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.
October 2012
Page 11
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
7,325 China 8,726 9,840 10,753 11,438 11,492
8,503 United States 8,897 8,567 8,979 7,776 7,983
5,914 Argentina 6,476 7,181 6,815 7,295 7,380
6,120 Brazil 6,470 6,970 7,040 7,060 7,060
2,350 EU-27 2,280 2,236 2,077 2,019 2,019
1,287 India 1,325 1,720 1,790 1,790 1,790
620 Mexico 640 645 632 612 635
3,774 Other 4,006 4,133 4,070 4,326 4,328
35,893 Total 38,820 41,292 42,156 42,316 42,687
Imports none
2,494 China 1,514 1,319 1,300 1,300 1,300
1,060 India 1,598 945 1,200 1,070 1,070
794 EU-27 550 907 450 500 500
365 Algeria 402 516 480 460 460
350 Morocco 379 397 385 390 390
254 Bangladesh 349 376 420 377 377
376 Iran 275 704 430 325 375
388 Venezuela 302 366 400 350 350
272 Peru 352 315 325 325 325
266 Korea, South 318 300 350 320 320
2,449 Other 2,585 3,077 2,328 2,533 2,695
9,068 Total 8,624 9,222 8,068 7,950 8,162
Exports none
4,704 Argentina 4,453 4,561 3,830 4,065 4,065
1,909 Brazil 1,449 1,668 1,850 1,700 1,725
995 United States 1,524 1,466 658 544 544
229 Paraguay 243 242 180 445 445
399 EU-27 387 456 620 350 420
218 Bolivia 230 232 320 335 335
127 Russia 170 136 145 180 180
570 Other 681 747 811 772 785
9,151 Total 9,137 9,508 8,414 8,391 8,499
Domestic Consumption none
9,486 China 10,435 11,109 11,774 12,656 12,700
7,378 United States 7,173 7,618 8,301 7,983 8,210
4,275 Brazil 4,980 5,185 5,260 5,370 5,370
1,420 Argentina 1,915 2,520 3,015 3,270 3,320
2,300 India 2,760 2,640 2,915 2,970 3,070
2,739 EU-27 2,407 2,737 2,020 2,235 2,100
800 Mexico 815 820 805 800 870
655 Iran 575 646 598 440 560
563 Egypt 490 669 340 547 547
374 Algeria 395 495 485 475 475
447 Korea, South 445 443 465 450 450
353 Bangladesh 371 388 410 420 420
388 Venezuela 389 394 404 389 414
426 Morocco 420 403 388 390 390
557 Japan 506 433 390 368 368
4,002 Other 4,055 4,232 4,244 4,306 4,301
36,163 Total 38,131 40,732 41,814 43,069 43,565
Ending Stocks none
1,298 United States 1,545 1,100 1,188 571 576
477 China 205 203 422 343 454
208 Brazil 286 403 333 323 298
87 Argentina 195 295 265 280 260
286 EU-27 322 272 159 120 158
761 Other 740 1,294 1,196 574 602
3,117 Total 3,293 3,567 3,563 2,211 2,348
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.
October 2012
Page 12
Table 10: Soybeans and Products: World Trade
Thousand Metric Tons
Marketing Year
Meal, Soybean Oil, Soybean Oilseed, Soybean
2012/132011/122010/112012/132011/122010/112012/132011/122010/11
Exports
North America 8,455 8,888 6,959 1,535 734 617 43,792 39,945 37,328
Canada (Aug-Jul) 210 173 150 66 72 70 2,943 2,932 2,900
United States (Sep-Aug) 8,238 8,709 6,804 1,466 658 544 40,849 37,013 34,428
South America 43,771 43,783 47,650 6,713 6,191 6,581 47,401 48,614 56,705
Argentina (Oct-Sep) 27,615 26,625 29,760 4,561 3,830 4,065 9,205 7,600 12,000
Brazil (Oct-Sep) 13,987 14,778 14,500 1,668 1,850 1,725 29,951 36,315 37,400
Paraguay (Mar-Feb) 1,072 900 1,840 242 180 445 6,700 3,100 5,400
South Asia 4,810 4,608 4,358 1 1 1 15 20 20
India (Oct-Sep) 4,800 4,600 4,350 1 1 1 15 20 20
Other 1,528 2,112 1,637 1,259 1,488 1,300 1,464 1,868 2,150
World Total 58,564 59,391 60,604 9,508 8,414 8,499 92,672 90,447 96,203
Imports
European Union 0 21,200 21,900 0 450 500 0 10,800 10,700
East Asia 4,274 4,130 4,250 1,729 1,762 1,735 58,976 64,185 66,925
China (Oct-Sep) 294 115 100 1,319 1,300 1,300 52,339 58,000 61,000
Japan (Oct-Sep) 2,208 2,250 2,250 19 20 23 2,917 2,780 2,600
Korea, South (Oct-Sep) 1,658 1,575 1,700 300 350 320 1,239 1,120 1,100
Taiwan (Oct-Sep) 56 130 150 5 0 0 2,454 2,250 2,200
Southeast Asia 10,922 11,228 11,203 234 244 224 5,646 5,683 5,825
Indonesia (Oct-Sep) 3,069 3,070 3,100 19 20 20 1,898 1,990 2,000
Malaysia (Oct-Sep) 1,028 1,040 1,100 81 95 95 614 550 550
Philippines (Jan-Dec) 1,939 1,860 1,840 15 15 15 52 67 75
Thailand (Sep-Aug) 2,318 2,810 2,800 0 0 0 2,139 1,906 1,950
Vietnam (Jan-Dec) 2,545 2,425 2,340 88 80 60 924 1,150 1,230
North America 2,739 2,852 2,892 294 241 414 4,141 4,065 4,119
Canada (Aug-Jul) 1,076 1,137 1,070 32 28 30 250 230 225
Mexico (Sep-Aug) 1,500 1,525 1,550 190 145 225 3,498 3,400 3,350
South America 4,482 4,733 4,855 1,066 1,097 1,047 822 730 735
Brazil (Oct-Sep) 58 35 50 0 0 0 37 100 250
Colombia (Oct-Sep) 1,019 1,025 1,035 238 235 230 308 250 250
Central America 883 900 930 185 177 184 254 236 236
Caribbean 797 823 849 278 266 281 0 151 150
Middle East 4,066 4,765 4,405 840 560 505 3,015 1,802 1,825
Iran (Oct-Sep) 1,742 2,250 2,100 704 430 375 930 210 225
Israel (Oct-Sep) 86 115 100 12 10 10 384 360 350
Syria (Jan-Dec) 500 425 425 6 7 6 350 175 150
Turkey (Sep-Aug) 557 910 650 3 2 2 1,351 1,057 1,100
North Africa 2,483 2,610 2,926 1,715 995 1,175 1,739 1,678 1,600
Egypt (Oct-Sep) 728 825 955 637 0 200 1,644 1,600 1,550
Other 25,701 4,319 4,160 2,881 2,276 2,097 14,205 1,431 1,344
World Total 56,347 57,560 58,370 9,222 8,068 8,162 88,798 90,761 93,459
October 2012
Page 13
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
Production none
20,500 Indonesia 22,000 23,600 25,400 27,000 27,000
17,259 Malaysia 17,763 18,211 18,202 18,500 18,500
1,540 Thailand 1,345 1,288 1,546 1,700 1,700
795 Colombia 770 750 915 900 960
850 Nigeria 850 850 850 850 850
3,074 Other 3,145 3,224 3,286 3,322 3,317
44,018 Total 45,873 47,923 50,199 52,272 52,327
Imports none
6,867 India 6,603 6,661 7,300 7,700 7,700
6,118 China 5,760 5,711 6,000 6,400 6,400
5,505 EU-27 5,438 4,639 5,200 5,400 5,400
1,915 Pakistan 2,172 2,102 2,150 2,260 2,260
1,047 Malaysia 1,283 1,648 1,830 1,700 1,700
1,024 Egypt 1,174 1,277 1,350 1,375 1,375
1,036 United States 994 980 1,021 1,111 1,111
700 Bangladesh 951 996 975 1,075 1,075
336 Singapore 435 656 775 725 725
531 Japan 581 570 585 585 620
8,976 Other 9,926 10,636 10,814 11,216 11,216
34,055 Total 35,317 35,876 38,000 39,547 39,582
Exports none
15,964 Indonesia 16,573 16,422 18,000 19,100 19,100
15,485 Malaysia 15,530 16,307 16,400 16,800 16,800
114 Thailand 121 382 425 520 530
455 Papua New Guinea 478 500 505 520 520
232 United Arab Emirates 344 400 425 450 450
2,682 Other 2,706 2,745 2,848 2,939 2,961
34,932 Total 35,752 36,756 38,603 40,329 40,361
Domestic Consumption none
6,230 India 6,440 7,080 7,405 7,950 7,950
5,105 Indonesia 5,494 6,345 7,129 7,870 7,870
5,618 China 5,930 5,797 6,000 6,400 6,400
5,221 EU-27 5,213 4,813 5,000 5,070 5,070
3,229 Malaysia 3,389 3,230 3,229 3,406 3,424
1,871 Pakistan 1,975 2,080 2,090 2,195 2,195
1,228 Nigeria 1,252 1,267 1,285 1,295 1,295
1,219 Thailand 1,254 1,108 1,112 1,135 1,165
790 Egypt 905 1,050 1,095 1,140 1,140
959 United States 957 957 1,032 1,093 1,093
700 Bangladesh 891 1,015 1,020 1,075 1,075
592 Colombia 770 750 870 850 890
531 Japan 581 575 585 585 620
579 Russia 552 585 600 600 600
495 Vietnam 555 565 550 600 600
8,338 Other 8,748 9,693 10,086 10,282 10,302
42,705 Total 44,906 46,910 49,088 51,546 51,689
Ending Stocks none
1,629 Malaysia 1,756 2,078 2,481 1,675 2,457
57 Indonesia 39 895 1,201 1,251 1,251
727 India 940 571 516 291 316
468 EU-27 542 161 161 291 291
499 China 328 241 240 239 239
1,437 Other 1,744 1,536 1,391 1,295 1,295
4,817 Total 5,349 5,482 5,990 5,042 5,849
October 2012
Page 14
Table 12: Rapeseed and Products: World Supply and Distribution
Thousand Metric Tons
Marketing Year
Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed
2012/132011/122010/112012/132011/122010/112012/132011/122010/11
Production
China (Oct-Sep) 8,909 10,059 9,061 5,057 5,680 5,116 13,100 13,000 12,600
India (Oct-Sep) 4,065 3,645 3,580 2,575 2,310 2,270 7,100 6,500 6,700
Canada (Aug-Jul) 3,650 4,050 3,900 2,645 2,935 2,830 12,773 14,493 13,400
Japan (Oct-Sep) 1,289 1,302 1,130 996 1,000 858 1 1 1
EU-27 (Jul-Jun) 12,827 12,441 12,521 9,258 8,980 9,038 20,753 19,072 18,800
Other 4,380 4,517 4,480 3,034 3,135 3,093 6,802 7,491 7,494
World Total 35,120 36,014 34,672 23,565 24,040 23,205 60,529 60,557 58,995
Imports
China (Oct-Sep) 1,413 680 650 647 950 750 930 2,600 1,800
India (Oct-Sep) 0 0 0 5 100 30 0 0 0
Canada (Aug-Jul) 33 8 5 124 92 90 224 97 150
Japan (Oct-Sep) 25 12 100 26 27 60 2,321 2,400 2,000
EU-27 (Jul-Jun) 224 228 200 488 580 500 2,572 3,578 3,200
Other 3,294 4,278 4,115 2,010 2,100 2,179 4,349 4,082 3,863
World Total 4,989 5,206 5,070 3,300 3,849 3,609 10,396 12,757 11,013
Exports
China (Oct-Sep) 5 70 20 3 5 5 0 0 0
India (Oct-Sep) 1,310 980 900 20 10 10 0 0 0
Canada (Aug-Jul) 2,989 3,307 3,300 2,420 2,675 2,500 7,207 8,697 7,300
Japan (Oct-Sep) 0 7 0 1 0 0 0 0 0
EU-27 (Jul-Jun) 251 294 250 214 246 200 197 124 100
Other 640 781 716 789 962 905 3,445 3,666 3,558
World Total 5,195 5,439 5,186 3,447 3,898 3,620 10,849 12,487 10,958
Domestic Consumption
China (Oct-Sep) 10,317 10,669 9,691 5,965 6,205 6,022 14,720 16,470 14,840
India (Oct-Sep) 2,750 2,670 2,680 2,300 2,425 2,450 7,551 6,875 6,800
Canada (Aug-Jul) 725 730 700 400 410 410 6,380 7,303 6,825
Japan (Oct-Sep) 1,319 1,313 1,230 1,015 1,015 966 2,346 2,371 2,035
EU-27 (Jul-Jun) 12,757 12,363 12,472 9,657 9,282 9,315 23,152 22,460 22,550
Other 6,998 8,017 7,928 4,100 4,255 4,452 7,778 7,895 7,941
World Total 34,866 35,762 34,701 23,437 23,592 23,615 61,927 63,374 60,991
Ending Stocks
China (Oct-Sep) 0 0 0 336 756 595 1,424 554 114
India (Oct-Sep) 27 22 22 260 235 75 729 354 254
Canada (Aug-Jul) 144 165 70 68 10 20 2,198 788 213
Japan (Oct-Sep) 10 4 4 49 61 13 77 107 73
EU-27 (Jul-Jun) 118 130 129 124 156 179 1,785 1,851 1,201
Other 103 100 51 388 406 321 754 766 624
World Total 402 421 276 1,225 1,624 1,203 6,967 4,420 2,479
10/11/2012 8:07:55 AM
October 2012
Page 15
Table 13: Sunflowerseed and Products World Supply and Distribution
Thousand Metric Tons
Marketing Year
Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed
2012/132011/122010/112012/132011/122010/112012/132011/122010/11
Production
Argentina (Mar-Feb) 3,670 3,340 4,000 1,632 1,450 1,625 1,551 1,367 1,525
Russia (Sep-Aug) 5,350 9,627 6,700 1,874 3,199 2,306 2,082 3,552 2,559
Turkey (Sep-Aug) 1,000 925 1,050 597 639 659 671 718 727
Ukraine (Sep-Aug) 8,400 9,500 8,500 3,304 4,072 3,511 3,327 4,043 3,486
EU-27 (Oct-Sep) 6,943 8,280 7,000 3,335 3,779 3,475 2,563 2,918 2,683
Other 7,964 7,433 7,556 2,304 2,426 2,480 2,022 2,113 2,151
World Total 33,327 39,105 34,806 13,046 15,565 14,056 12,216 14,711 13,131
Imports
Argentina (Mar-Feb) 9 20 20 0 0 0 0 0 0
Russia (Sep-Aug) 43 30 10 17 5 0 149 15 50
Turkey (Sep-Aug) 705 834 500 500 739 550 401 651 500
Ukraine (Sep-Aug) 12 17 0 1 0 0 1 0 0
EU-27 (Oct-Sep) 379 260 250 2,254 3,700 2,500 768 1,030 1,150
Other 407 713 691 1,107 1,391 1,527 2,294 3,743 3,683
World Total 1,555 1,874 1,471 3,879 5,835 4,577 3,613 5,439 5,383
Exports
Argentina (Mar-Feb) 74 65 65 745 730 900 978 980 1,050
Russia (Sep-Aug) 8 340 70 588 1,630 600 181 1,380 640
Turkey (Sep-Aug) 26 38 10 0 2 0 157 271 350
Ukraine (Sep-Aug) 444 280 150 2,927 3,800 3,200 2,652 3,230 3,200
EU-27 (Oct-Sep) 555 550 450 137 150 100 166 190 140
Other 678 608 592 184 255 198 448 456 418
World Total 1,785 1,881 1,337 4,581 6,567 4,998 4,582 6,507 5,798
Domestic Consumption
Argentina (Mar-Feb) 3,737 3,353 3,753 739 775 725 454 484 517
Russia (Sep-Aug) 5,555 9,345 6,715 1,459 1,604 1,708 2,065 2,100 2,060
Turkey (Sep-Aug) 1,577 1,687 1,737 1,097 1,284 1,301 855 931 951
Ukraine (Sep-Aug) 7,985 9,690 8,360 396 278 311 535 535 540
EU-27 (Oct-Sep) 6,836 7,750 7,120 5,379 7,010 6,280 3,482 3,693 3,653
Other 7,601 7,669 7,703 3,222 3,574 3,806 4,079 5,224 5,516
World Total 33,291 39,494 35,388 12,292 14,525 14,131 11,470 12,967 13,237
Ending Stocks
Argentina (Mar-Feb) 110 52 254 193 138 138 427 330 288
Russia (Sep-Aug) 113 85 10 48 18 16 84 171 80
Turkey (Sep-Aug) 235 269 72 0 92 0 70 237 163
Ukraine (Sep-Aug) 474 21 11 6 0 0 183 461 207
EU-27 (Oct-Sep) 334 574 254 296 615 210 135 200 240
Other 539 408 360 38 26 29 370 546 446
World Total 1,805 1,409 961 581 889 393 1,269 1,945 1,424
October 2012
Page 16
Table 14: Minor Vegetable Oil Supply and Distribution
Thousand Metric Tons
Marketing Year
Oil, Peanut Oil, Cottonseed Oil, Olive
2012/132011/122010/112012/132011/122010/112012/132011/122010/11
Production
China (Oct-Sep) 2,372 2,513 2,534 1,411 1,476 1,447 nr nr nr
India (Oct-Sep) 1,365 1,365 1,208 1,150 1,210 1,190 nr nr nr
Turkey (Nov-Oct) 4 4 4 110 145 146 175 145 175
United States (Aug-Jul) 86 85 89 379 342 377 4 4 4
EU-27 (Oct-Sep) 16 16 16 45 51 48 2,500 2,600 2,150
Other 1,259 1,259 1,325 1,866 2,039 1,956 569 564 610
World Total 5,102 5,242 5,176 4,961 5,263 5,164 3,248 3,313 2,939
Imports
China (Oct-Sep) 68 60 70 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) 27 13 23 0 4 0 290 306 311
EU-27 (Oct-Sep) 80 76 80 3 3 3 85 85 125
Other 20 20 20 48 64 53 199 201 206
World Total 195 169 193 51 71 56 574 592 642
Exports
China (Oct-Sep) 8 10 10 3 3 3 nr nr nr
India (Oct-Sep) 0 0 0 0 0 0 nr nr nr
Turkey (Nov-Oct) 0 0 0 2 1 5 13 10 25
United States (Aug-Jul) 7 9 13 74 120 59 4 7 6
EU-27 (Oct-Sep) 2 3 2 0 1 1 544 550 500
Other 157 142 186 59 60 47 221 207 237
World Total 174 164 211 138 185 115 782 774 768
Domestic Consumption
China (Oct-Sep) 2,432 2,563 2,594 1,408 1,473 1,444 nr nr nr
India (Oct-Sep) 1,325 1,365 1,243 1,116 1,214 1,223 nr nr nr
Turkey (Nov-Oct) 4 4 4 108 138 141 140 140 145
United States (Aug-Jul) 103 93 99 272 256 318 290 303 309
EU-27 (Oct-Sep) 94 90 95 48 53 50 2,030 2,030 2,020
Other 1,149 1,149 1,151 1,817 2,019 2,015 536 557 571
World Total 5,107 5,264 5,186 4,769 5,153 5,191 2,996 3,030 3,045
Ending Stocks
China (Oct-Sep) 0 0 0 0 0 0 nr nr nr
India (Oct-Sep) 50 50 15 88 84 51 nr nr nr
Turkey (Nov-Oct) 0 0 0 0 6 6 30 25 30
United States (Aug-Jul) 13 9 9 75 45 45 0 0 0
EU-27 (Oct-Sep) 5 4 3 1 1 1 541 646 401
Other 49 37 45 101 125 72 67 68 76
World Total 117 100 72 265 261 175 638 739 507
October 2012
Page 17
Table 15: World Oilseeds and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Food Use
Dom.
Domestic
Consumpti
Ending
Stocks
Major Oilseeds
304.22 25.5259.52398.2559.1734.85188.45 1999/00 300.23 38.49
313.89 26.8266.89417.9765.5938.49188.57 2000/01 310.94 40.15
324.75 27.4962.42428.5663.6640.15188.60 2001/02 323.75 42.40
331.58 27.7570.09444.9871.0142.40186.32 2002/03 326.11 48.78
335.71 27.6366.78448.6564.1548.78199.60 2003/04 336.19 45.68
381.24 29.0274.35499.5772.6645.68209.56 2004/05 366.44 58.78
391.55 30.0675.75525.6975.3658.78211.12 2005/06 384.77 65.16
403.82 30.4483.06549.7280.7465.16211.40 2006/07 392.94 73.72
390.74 30.6891.47554.6290.1673.72206.10 2007/08 401.06 62.08
396.69 32.0194.22552.7293.9562.08214.35 2008/09 401.20 57.30
444.96 33.01108.34603.97101.7157.30216.24 2009/10 421.11 74.51
456.64 34.00109.28635.15104.0074.51223.37 2010/11 443.42 82.45
438.34 34.28108.64629.48108.7082.45226.63 2011/12 457.20 63.64
457.70 34.58112.37630.54109.2063.64234.27 2012/13 454.21 63.96
Major Protien Meals
167.76 0.3946.72223.2247.348.12nr 1999/00 168.92 7.58
174.68 0.4148.51230.3148.057.58nr 2000/01 175.03 6.77
182.57 0.4252.88240.7851.446.77nr 2001/02 180.61 7.28
185.69 0.4354.06246.5853.607.28nr 2002/03 186.09 6.43
190.80 0.4759.13255.0257.796.43nr 2003/04 189.12 6.77
206.53 0.5061.27272.8759.576.77nr 2004/05 204.47 7.13
217.17 0.4866.32289.7365.437.13nr 2005/06 215.64 7.77
224.00 0.5169.01298.7466.977.77nr 2006/07 221.75 7.98
231.47 0.5472.16309.2569.807.98nr 2007/08 228.78 8.31
228.84 0.6069.36304.4567.318.31nr 2008/09 228.50 6.60
243.82 0.6772.12319.1168.706.60nr 2009/10 238.67 8.32
256.94 0.7077.20338.8673.608.32nr 2010/11 251.02 10.63
265.52 0.7480.69353.4177.2610.63nr 2011/12 261.56 11.17
265.11 0.7680.20353.1876.8911.17nr 2012/13 263.45 9.53
Major Vegetable Oils
86.05 74.1328.71121.2026.678.488.33 1999/00 82.80 9.69
89.80 78.4930.80129.7230.249.6910.21 2000/01 88.59 10.34
92.74 80.3433.02133.9330.8510.3410.54 2001/02 91.25 9.66
96.10 83.1436.08140.6534.899.664.56 2002/03 95.34 9.23
102.82 87.0439.31149.7437.699.234.54 2003/04 100.84 9.58
111.69 91.3642.86162.1340.869.588.25 2004/05 108.03 11.24
119.02 94.4747.74174.7144.4511.248.36 2005/06 114.89 12.08
121.82 96.1449.24181.3447.4412.088.45 2006/07 119.64 12.46
128.74 99.3853.85191.5950.3912.468.69 2007/08 125.70 12.05
133.74 102.3756.15200.1454.3512.058.82 2008/09 130.61 13.38
140.75 106.9657.91210.1756.0413.388.92 2009/10 138.55 13.71
147.70 110.7459.91218.4457.0313.718.74 2010/11 144.48 14.05
154.25 114.2762.99228.8660.5714.058.76 2011/12 150.29 15.58
154.24 111.9864.12232.0162.1915.588.76 2012/13 155.06 12.83
Based on the aggregate of different marketing years
October 2012
Page 18
Table 16: World: Soybeans and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean
160.35 135.0945.63235.1745.5729.2571.91 1999/00 159.31 30.23
175.76 146.5553.82259.0753.0830.2375.44 2000/01 171.50 33.75
184.82 157.9153.00272.9354.3733.7579.47 2001/02 184.33 35.60
196.89 165.2661.34295.3762.8835.6081.48 2002/03 191.15 42.88
186.61 163.6856.04283.5854.0842.8888.39 2003/04 189.04 38.49
215.76 175.3564.75317.7363.4838.4993.16 2004/05 204.35 48.62
220.65 186.3163.80333.3664.0948.6292.90 2005/06 216.02 53.53
235.96 195.6871.09358.4668.9653.5394.31 2006/07 224.87 62.50
219.56 202.2178.43360.3978.3462.5090.60 2007/08 229.49 52.47
211.64 193.1776.89341.5077.3952.4796.34 2008/09 220.90 43.71
261.09 209.2092.86391.6386.8443.71102.18 2009/10 237.62 61.15
264.68 221.3392.67414.6288.8061.15102.85 2010/11 251.40 70.56
238.11 225.2190.45399.4390.7670.56102.16 2011/12 254.19 54.79
264.28 228.9996.20412.5393.4654.79108.55 2012/13 258.76 57.56
Meal, Soybean
107.07 135.1234.19148.2534.996.19nr 1999/00 108.48 5.58
116.07 146.5836.26157.5735.925.58nr 2000/01 116.01 5.30
124.96 158.0241.81170.7140.465.30nr 2001/02 123.33 5.57
130.32 165.2643.07178.3542.465.57nr 2002/03 130.00 5.28
128.98 163.6946.09179.1744.915.28nr 2003/04 127.60 5.49
138.64 175.3647.70190.2346.105.49nr 2004/05 136.62 5.90
146.65 186.3252.24204.0051.455.90nr 2005/06 145.75 6.02
153.89 195.7454.70212.7952.886.02nr 2006/07 151.63 6.46
158.67 202.2556.06220.0954.966.46nr 2007/08 157.06 6.96
151.78 193.3652.85210.2751.536.96nr 2008/09 152.56 4.86
164.95 209.5455.59223.1853.374.86nr 2009/10 160.94 6.65
174.52 221.6758.56237.5256.356.65nr 2010/11 170.03 8.93
178.34 225.6859.39244.8257.568.93nr 2011/12 176.29 9.14
180.72 229.4760.60248.2358.379.14nr 2012/13 179.52 8.10
Oil, Soybean
24.51 135.136.1933.266.152.60nr 1999/00 24.26 2.82
26.75 146.586.8736.476.902.82nr 2000/01 26.50 3.10
28.90 158.018.2539.587.583.10nr 2001/02 28.15 3.17
30.52 165.268.8141.898.193.17nr 2002/03 30.21 2.88
30.23 163.688.7141.508.402.88nr 2003/04 30.27 2.52
32.56 175.359.0743.948.862.52nr 2004/05 31.83 3.05
34.91 186.319.8147.059.093.05nr 2005/06 33.75 3.49
36.47 195.7210.5549.899.923.49nr 2006/07 35.46 3.88
37.73 202.2310.8551.9810.373.88nr 2007/08 37.65 3.47
35.89 193.349.1548.439.073.47nr 2008/09 36.16 3.12
38.82 209.529.1450.568.623.12nr 2009/10 38.13 3.29
41.29 221.659.5153.819.223.29nr 2010/11 40.73 3.57
42.16 225.708.4153.798.073.57nr 2011/12 41.81 3.56
42.69 229.498.5054.418.163.56nr 2012/13 43.57 2.35
Based on the aggregate of different marketing years, primarily October through September.
October 2012
Page 19
Table 17: World: Rapeseed and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Food Use
Dom.
Domestic
Consumpti
Ending
Stocks
Oilseed, Rapeseed
42.48 0.398.2152.928.202.2326.75 1999/00 40.46 4.25
37.33 0.387.1848.586.994.2524.69 2000/01 38.71 2.69
36.01 0.394.9043.654.952.6923.29 2001/02 35.90 2.85
33.26 0.414.1340.134.022.8522.10 2002/03 33.80 2.20
39.44 0.425.5346.785.142.2025.47 2003/04 38.87 2.38
46.11 0.444.9053.495.002.3826.68 2004/05 43.30 5.29
48.54 0.456.9860.496.665.2927.27 2005/06 47.72 5.79
45.13 0.476.6357.906.995.7926.48 2006/07 46.20 5.08
48.50 0.488.1561.127.545.0828.24 2007/08 48.99 3.98
57.81 0.5012.0573.9012.123.9831.08 2008/09 54.57 7.28
60.96 0.5210.7978.9810.737.2831.42 2009/10 59.37 8.82
60.53 0.5410.8579.7410.408.8233.57 2010/11 61.93 6.97
60.56 0.5612.4980.2812.766.9733.05 2011/12 63.37 4.42
59.00 0.5810.9674.4311.014.4234.27 2012/13 60.99 2.48
Meal, Rapeseed
22.08 0.002.3324.682.260.34nr 1999/00 21.96 0.38
21.17 0.001.9023.471.920.38nr 2000/01 21.28 0.29
19.94 0.001.5221.761.540.29nr 2001/02 19.94 0.30
18.80 0.001.6220.841.730.30nr 2002/03 18.94 0.28
21.78 0.002.4924.552.490.28nr 2003/04 21.61 0.45
24.24 0.002.2426.982.300.45nr 2004/05 24.40 0.35
26.55 0.002.5129.452.550.35nr 2005/06 26.35 0.59
25.86 0.002.9629.503.050.59nr 2006/07 26.29 0.25
27.56 0.003.6931.363.550.25nr 2007/08 27.40 0.27
30.77 0.003.6134.633.580.27nr 2008/09 30.77 0.24
33.55 0.003.6137.433.630.24nr 2009/10 33.46 0.35
35.12 0.005.2040.464.990.35nr 2010/11 34.87 0.40
36.01 0.005.4441.625.210.40nr 2011/12 35.76 0.42
34.67 0.005.1940.165.070.42nr 2012/13 34.70 0.28
Oil, Rapeseed
14.00 12.721.7316.181.730.45nr 1999/00 13.74 0.71
13.37 12.281.2015.421.340.71nr 2000/01 13.44 0.78
13.08 12.081.0314.981.120.78nr 2001/02 13.26 0.69
12.27 11.040.9113.850.890.69nr 2002/03 12.38 0.56
14.12 12.431.3316.041.360.56nr 2003/04 14.31 0.40
15.76 12.871.2917.361.200.40nr 2004/05 15.56 0.50
17.43 13.141.6519.401.470.50nr 2005/06 17.03 0.72
17.19 12.631.9920.102.200.72nr 2006/07 17.59 0.52
18.49 13.121.9021.032.020.52nr 2007/08 18.28 0.85
20.56 14.082.4323.842.430.85nr 2008/09 20.27 1.15
22.43 15.042.7526.502.911.15nr 2009/10 22.50 1.24
23.57 16.163.4528.113.301.24nr 2010/11 23.44 1.23
24.04 16.233.9029.113.851.23nr 2011/12 23.59 1.62
23.21 16.383.6228.443.611.62nr 2012/13 23.62 1.20
Based on the aggregate of different marketing years.
October 2012
Page 20
Table 18: World: Sunflower and Products Supply and Distribution
Million Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Exports Domestic
Consumpti
Ending
Stocks
Oilseed, Sunflowerseed
27.14 2.0026.302.252.041.3823.03 1999/00
23.07 1.5623.312.412.202.0019.91 2000/01
21.41 1.5021.381.211.111.5618.83 2001/02
23.92 1.9923.251.551.381.5020.21 2002/03
26.83 2.7126.032.262.191.9923.00 2003/04
25.25 2.2325.651.231.142.7120.87 2004/05
30.27 2.7429.641.521.402.2322.90 2005/06
30.35 3.3829.571.921.782.7423.73 2006/07
27.44 2.9927.591.481.253.3821.20 2007/08
33.48 3.1932.992.141.852.9923.89 2008/09
32.18 2.0033.291.561.483.1923.20 2009/10
33.33 1.8133.291.791.562.0023.21 2010/11
39.11 1.4139.491.881.871.8125.72 2011/12
34.81 0.9635.391.341.471.4124.76 2012/13
Meal, Sunflowerseed
10.56 0.4010.752.342.540.39nr 1999/00
9.32 0.329.632.002.230.40nr 2000/01
8.34 0.248.222.111.910.32nr 2001/02
8.99 0.178.962.312.200.24nr 2002/03
10.22 0.219.982.862.660.17nr 2003/04
9.97 0.179.792.772.550.21nr 2004/05
11.52 0.2511.183.553.300.17nr 2005/06
11.49 0.1811.393.493.320.25nr 2006/07
10.71 0.2310.173.292.790.18nr 2007/08
12.75 0.5312.064.303.910.23nr 2008/09
12.96 0.5312.334.123.490.53nr 2009/10
13.05 0.5812.294.583.880.53nr 2010/11
15.57 0.8914.536.575.840.58nr 2011/12
14.06 0.3914.135.004.580.89nr 2012/13
Oil, Sunflowerseed
9.27 1.258.722.902.461.15nr 1999/00
8.18 0.928.282.242.011.25nr 2000/01
7.44 0.567.681.931.810.92nr 2001/02
8.12 0.627.742.312.000.56nr 2002/03
9.20 0.628.502.681.970.62nr 2003/04
9.14 0.868.492.582.180.62nr 2004/05
10.67 1.049.883.923.310.86nr 2005/06
10.71 0.8310.194.053.331.04nr 2006/07
10.14 0.949.243.532.730.83nr 2007/08
11.95 1.7210.634.554.010.94nr 2008/09
12.12 1.4911.564.493.711.72nr 2009/10
12.22 1.2711.474.583.611.49nr 2010/11
14.71 1.9512.976.515.441.27nr 2011/12
13.13 1.4213.245.805.381.95nr 2012/13
Based on the aggregate of different marketing years, primarily September through August.
October 2012
Page 21
Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution
Million Metric Tons
Beginning
Stocks
Production Imports Total
Supply
Exports Industrial
Dom.
Food Use
Dom.
Domestic
Consumpti
Ending
Stocks
Oil, Palm
13.13 17.232.8014.0437.6921.802.76 1999/00 20.33 3.33
16.28 19.963.4916.5143.9124.313.33 2000/01 23.96 3.45
16.48 20.023.8717.6945.2425.313.45 2001/02 24.46 3.09
19.67 21.924.7320.0450.4527.683.09 2002/03 27.24 3.16
21.89 23.135.5122.1755.1030.053.16 2003/04 29.23 3.71
24.27 24.806.7925.1261.4733.503.71 2004/05 32.26 4.10
26.06 25.767.6627.4165.9135.744.10 2005/06 34.07 4.43
27.15 27.308.2627.7368.9237.344.43 2006/07 36.21 4.98
30.46 29.829.2432.3276.4641.034.98 2007/08 39.76 4.38
34.06 31.5910.3234.9382.4544.024.38 2008/09 42.71 4.82
35.32 32.9611.1135.7586.0145.874.82 2009/10 44.91 5.35
35.88 34.2712.0136.7689.1547.925.35 2010/11 46.91 5.48
38.00 35.4712.9738.6093.6850.205.48 2011/12 49.09 5.99
39.58 37.4113.5840.3697.9052.335.99 2012/13 51.69 5.85
Oil, Coconut
1.48 1.681.101.965.043.370.20 1999/00 2.90 0.18
1.77 1.921.171.835.543.590.18 2000/01 3.22 0.50
1.83 1.871.251.795.503.170.50 2001/02 3.28 0.43
1.89 1.931.241.735.463.140.43 2002/03 3.29 0.44
1.68 1.811.271.805.413.290.44 2003/04 3.21 0.41
1.91 1.801.372.085.773.460.41 2004/05 3.26 0.42
2.03 1.911.472.055.913.460.42 2005/06 3.52 0.34
1.87 1.771.471.745.423.220.34 2006/07 3.32 0.36
1.90 1.911.521.935.803.540.36 2007/08 3.45 0.43
1.66 1.791.551.485.623.540.43 2008/09 3.35 0.79
2.29 2.261.682.176.703.630.79 2009/10 3.96 0.57
1.78 2.061.721.716.183.830.57 2010/11 3.81 0.66
1.83 2.061.701.716.053.560.66 2011/12 3.77 0.56
1.82 2.051.681.705.903.520.56 2012/13 3.75 0.45
Meal, Fish
3.70 0.000.083.6610.696.330.67 1999/00 6.39 0.65
3.47 0.000.083.4710.045.920.65 2000/01 6.17 0.40
3.25 0.000.083.069.485.830.40 2001/02 5.73 0.69
2.84 0.000.082.868.384.840.69 2002/03 5.21 0.31
3.12 0.000.073.218.775.340.31 2003/04 5.38 0.18
3.61 0.000.053.669.505.710.18 2004/05 5.69 0.15
2.94 0.000.052.738.054.960.15 2005/06 5.17 0.15
2.69 0.000.052.597.905.070.15 2006/07 4.98 0.33
3.01 0.000.052.858.585.240.33 2007/08 5.42 0.31
3.11 0.000.052.958.525.100.31 2008/09 5.33 0.24
2.63 0.000.052.277.184.320.24 2009/10 4.70 0.21
2.66 0.000.052.497.414.550.21 2010/11 4.75 0.18
2.93 0.000.052.627.814.700.18 2011/12 5.02 0.17
2.98 0.000.052.657.884.730.17 2012/13 5.08 0.15
Based on the aggregate of different marketing years.
October 2012
Page 22
Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Major Oilseeds
82,315 47,90527,39593,85475910,78037,149 1999/00 57,474 8,985
84,891 49,18927,97694,6938178,98536,805 2000/01 58,897 7,820
89,832 50,63129,96698,3056537,82037,323 2001/02 61,466 6,873
83,935 47,50529,43391,3585506,87336,284 2002/03 56,090 5,835
76,604 45,53925,15882,9425035,83536,041 2003/04 53,632 4,152
95,944 50,16730,708100,7776814,15236,808 2004/05 61,780 8,289
95,670 51,89726,611104,6236648,28936,587 2005/06 63,811 14,201
96,843 53,48331,647112,0771,03314,20136,962 2006/07 63,407 17,023
82,453 53,49533,045100,7411,26517,02331,970 2007/08 60,787 6,909
89,201 49,34335,69497,4051,2956,90935,265 2008/09 56,092 5,619
98,901 51,48741,690105,5861,0665,61935,512 2009/10 58,352 5,544
100,376 49,33541,826106,8649445,54437,179 2010/11 57,730 7,308
92,347 50,35637,641100,9331,2787,30835,135 2011/12 57,719 5,573
88,181 46,59935,33195,0861,3325,57336,942 2012/13 54,583 5,172
Major Protien Meals
36,713 47,9057,13138,2881,242333nr 1999/00 30,860 297
38,238 49,1897,60739,6971,162297nr 2000/01 31,693 397
38,890 50,6317,52440,3471,060397nr 2001/02 32,537 286
36,585 47,5055,92438,0651,194286nr 2002/03 31,895 246
35,200 45,5394,94537,2821,836246nr 2003/04 32,064 273
39,246 50,1676,95441,0481,529273nr 2004/05 33,879 215
39,910 51,8977,60841,7781,653215nr 2005/06 33,809 361
41,449 53,4838,26443,5091,699361nr 2006/07 34,860 385
40,873 53,4958,70643,2381,980385nr 2007/08 34,199 333
37,724 49,3437,94039,8661,809333nr 2008/09 31,680 246
40,073 51,48710,30741,6621,343246nr 2009/10 31,014 341
38,063 49,3358,48740,6442,240341nr 2010/11 31,779 378
39,727 50,3568,95143,2393,134378nr 2011/12 33,947 341
35,895 46,5997,04639,3963,160341nr 2012/13 32,014 336
Major Vegetable Oils
9,413 47,9051,12611,9331,5229980 1999/00 9,592 1,215
9,554 49,1891,04712,4521,6831,2150 2000/01 9,766 1,639
9,681 50,6311,54912,9471,6271,6390 2001/02 10,093 1,305
9,197 47,5051,23812,0451,5431,3050 2002/03 9,885 922
8,779 45,53974011,6121,9119220 2003/04 10,077 795
9,769 50,16783812,4051,8417950 2004/05 10,443 1,124
10,423 51,89789913,9262,3791,1240 2005/06 11,230 1,797
10,455 53,4831,33314,7792,5271,7970 2006/07 11,705 1,741
10,545 53,4951,67915,3943,1081,7410 2007/08 12,251 1,464
9,670 49,3431,45714,3643,2301,4640 2008/09 11,170 1,737
10,066 51,4871,94815,1413,3381,7370 2009/10 11,201 1,992
9,784 49,3351,86115,3883,6121,9920 2010/11 11,917 1,610
10,096 50,3561,09015,5103,8041,6100 2011/12 12,838 1,582
9,302 46,59994715,0014,1171,5820 2012/13 13,092 962
Based on the aggregate of different marketing years
October 2012
Page 23
Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean
72,224 42,92726,53781,8221149,48429,318 1999/00 47,388 7,897
75,055 44,62527,10383,049977,89729,303 2000/01 49,203 6,743
78,672 46,25928,94885,478636,74329,532 2001/02 50,867 5,663
75,010 43,94828,42380,8001275,66329,339 2002/03 47,524 4,853
66,783 41,63224,12871,7871514,85329,330 2003/04 44,600 3,059
85,019 46,16029,86088,2301523,05929,930 2004/05 51,410 6,960
83,507 47,32425,57990,559926,96028,834 2005/06 52,751 12,229
87,001 49,19830,38699,47624612,22930,190 2006/07 53,473 15,617
72,859 49,08131,53888,74526915,61725,959 2007/08 51,627 5,580
80,749 45,23034,81786,6903615,58030,222 2008/09 48,112 3,761
91,417 47,67340,79895,5753973,76130,907 2009/10 50,671 4,106
90,605 44,85140,84995,1043934,10631,003 2010/11 48,403 5,852
84,192 46,34837,01390,4794355,85229,856 2011/12 48,855 4,611
77,844 41,91234,42882,9995444,61130,632 2012/13 45,045 3,526
Meal, Soybean
34,102 42,9276,91234,46765300nr 1999/00 27,289 266
35,730 44,6257,33536,04650266nr 2000/01 28,363 348
36,552 46,2597,27137,034134348nr 2001/02 29,545 218
34,649 43,9485,72835,024157218nr 2002/03 29,096 200
32,953 41,6324,69033,412259200nr 2003/04 28,531 191
36,936 46,1606,65937,261134191nr 2004/05 30,446 156
37,416 47,3247,30137,700128156nr 2005/06 30,114 285
39,037 49,1987,98739,464142285nr 2006/07 31,166 311
38,359 49,0818,38438,798128311nr 2007/08 30,148 266
35,473 45,2307,70835,81980266nr 2008/09 27,898 213
37,836 47,67310,12438,194145213nr 2009/10 27,796 274
35,608 44,8518,23836,045163274nr 2010/11 27,489 318
37,412 46,3488,70937,920190318nr 2011/12 28,939 272
33,294 41,9126,80433,838272272nr 2012/13 26,762 272
Oil, Soybean
8,085 42,9276248,81237690nr 1999/00 7,284 904
8,355 44,6256369,29233904nr 2000/01 7,401 1,255
8,572 46,2591,1439,848211,255nr 2001/02 7,635 1,070
8,360 43,9481,0279,451211,070nr 2002/03 7,748 676
7,748 41,6324258,563139676nr 2003/04 7,650 488
8,782 46,1606009,28212488nr 2004/05 7,911 771
9,248 47,32452310,03516771nr 2005/06 8,147 1,365
9,294 49,19885110,676171,365nr 2006/07 8,426 1,399
9,335 49,0811,32010,764301,399nr 2007/08 8,317 1,127
8,503 45,2309959,671411,127nr 2008/09 7,378 1,298
8,897 47,6731,52410,242471,298nr 2009/10 7,173 1,545
8,567 44,8511,46610,184721,545nr 2010/11 7,618 1,100
8,979 46,34865810,147681,100nr 2011/12 8,301 1,188
7,983 41,9125449,3301591,188nr 2012/13 8,210 576
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.
October 2012
Page 24
Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
34,700 21,57811,77935,89779440313,600 1999/00 23,502 616
39,500 22,77315,52140,97085461613,934 2000/01 24,792 657
43,500 25,84216,07445,2571,10065716,350 2001/02 28,202 981
52,000 27,79619,98754,1051,12498118,448 2002/03 30,320 3,798
51,000 28,91419,25755,1623643,79821,520 2003/04 31,807 4,098
53,000 29,72822,79957,4503524,09822,917 2004/05 32,513 2,138
57,000 28,75624,77059,178402,13822,229 2005/06 31,656 2,752
59,000 31,51123,80561,8601082,75220,700 2006/07 34,361 3,694
61,000 31,89524,51564,777833,69421,300 2007/08 34,695 5,567
57,800 30,77928,04163,4911245,56721,700 2008/09 33,544 1,906
69,000 35,70129,18871,0561501,90623,500 2009/10 38,601 3,267
75,500 37,26433,78978,807403,26724,200 2010/11 40,264 4,754
66,500 35,27531,80071,5543004,75425,000 2011/12 38,275 1,479
81,000 37,70038,22582,529501,47927,500 2012/13 40,850 3,454
Meal, Soybean (Local)
16,831 21,5789,87617,544119594nr 1999/00 7,068 600
17,753 22,77311,11018,583230600nr 2000/01 7,171 302
20,392 25,84212,78321,082388302nr 2001/02 7,596 703
21,773 27,79613,54222,813337703nr 2002/03 8,292 979
22,330 28,91414,59623,536227979nr 2003/04 8,099 841
23,040 29,72814,25624,125244841nr 2004/05 9,133 736
22,280 28,75612,28723,230214736nr 2005/06 10,080 863
24,420 31,51112,34625,429146863nr 2006/07 11,520 1,563
24,720 31,89512,70926,4261431,563nr 2007/08 12,000 1,717
23,850 30,77912,15325,653861,717nr 2008/09 12,200 1,300
27,670 35,70114,14729,055851,300nr 2009/10 13,143 1,765
28,880 37,26414,45230,696511,765nr 2010/11 13,700 2,544
27,340 35,27514,12529,919352,544nr 2011/12 14,000 1,794
29,220 37,70014,85031,064501,794nr 2012/13 14,450 1,764
Oil, Soybean (Local)
4,036 21,5781,1344,383111236nr 1999/00 2,971 278
4,370 22,7731,6164,73587278nr 2000/01 2,937 182
4,905 25,8422,1005,227140182nr 2001/02 2,936 191
5,349 27,7962,4055,58747191nr 2002/03 2,897 285
5,550 28,9142,5315,84914285nr 2003/04 2,970 348
5,705 29,7282,6976,0563348nr 2004/05 3,099 260
5,520 28,7562,3155,79818260nr 2005/06 3,211 272
6,050 31,5112,5216,38462272nr 2006/07 3,505 358
6,120 31,8952,1986,4879358nr 2007/08 4,005 284
5,910 30,7791,4966,23541284nr 2008/09 4,395 344
6,850 35,7011,6327,1962344nr 2009/10 5,060 504
7,050 37,2641,7587,5540504nr 2010/11 5,285 511
6,780 35,2751,7857,2910511nr 2011/12 5,305 201
7,230 37,7001,7507,4310201nr 2012/13 5,475 206
Data based on Brazil's local February/January Marketing Year (MY).
Where February 2012 - January 2013 is the 2011/12 MY.
October 2012
Page 25
Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Harvested
Beginning
Stocks
Production Imports Total
Supply
Exports Crush Domestic
Consumpti
Ending
Stocks
Oilseed, Soybean (Local)
21,200 16,5144,10921,9743014738,583 1999/00 17,449 416
27,800 19,5077,37728,50729141610,400 2000/01 20,587 543
30,000 22,3976,22130,84029754311,400 2001/02 23,597 1,022
35,500 24,8158,80936,8993771,02212,600 2002/03 26,140 1,950
33,000 25,0726,79935,6697191,95014,000 2003/04 26,509 2,361
39,000 29,56010,68642,0707092,36114,400 2004/05 31,010 374
40,500 32,7487,13241,8871,01337415,200 2005/06 34,221 534
48,800 35,96312,13351,6702,33653416,300 2006/07 37,463 2,074
46,200 31,88311,80351,2212,9472,07416,371 2007/08 33,454 5,964
32,000 28,5553,48638,1211575,96416,000 2008/09 30,140 4,495
54,500 39,19613,70158,99504,49518,600 2009/10 40,787 4,507
49,000 37,50910,38953,520134,50718,300 2010/11 39,109 4,022
41,000 34,7006,30045,02204,02217,500 2011/12 36,200 2,522
55,000 39,30012,32557,52202,52219,700 2012/13 40,950 4,247
Meal, Soybean (Local)
13,113 16,51412,85414,92201,809nr 1999/00 335 1,733
15,492 19,50715,97917,22501,733nr 2000/01 325 921
17,762 22,39717,57218,6830921nr 2001/02 329 782
19,667 24,81519,16220,4490782nr 2002/03 375 912
19,741 25,07219,07820,6552912nr 2003/04 492 1,085
23,350 29,56022,70324,43611,085nr 2004/05 530 1,203
25,582 32,74824,72326,78501,203nr 2005/06 535 1,527
27,857 35,96328,10829,38621,527nr 2006/07 544 734
24,839 31,88324,38925,5763734nr 2007/08 632 555
22,519 28,55521,30323,0784555nr 2008/09 652 1,123
30,493 39,19628,38431,61601,123nr 2009/10 700 2,532
29,181 37,50927,48531,71302,532nr 2010/11 727 3,501
27,100 34,70026,70030,60103,501nr 2011/12 765 3,136
30,625 39,30029,98033,76103,136nr 2012/13 770 3,011
Oil, Soybean (Local)
3,017 16,5142,8373,4570440nr 1999/00 242 378
3,630 19,5073,5104,0080378nr 2000/01 287 211
4,165 22,3973,6394,3760211nr 2001/02 357 380
4,672 24,8154,2455,0520380nr 2002/03 389 418
4,724 25,0724,4465,1420418nr 2003/04 392 304
5,558 29,5605,0825,8620304nr 2004/05 395 385
6,169 32,7485,6676,5540385nr 2005/06 402 485
6,917 35,9636,5157,4020485nr 2006/07 675 212
6,037 31,8834,9876,2490212nr 2007/08 1,125 137
5,448 28,5553,7095,5850137nr 2008/09 1,716 160
7,460 39,1965,1807,6200160nr 2009/10 2,215 225
7,148 37,5094,2277,3730225nr 2010/11 2,755 391
6,610 34,7003,7907,0010391nr 2011/12 3,020 191
7,485 39,3004,0357,6760191nr 2012/13 3,371 270
Data based on Argentina's Local April/March Marketing Year (MY).
Where April 2012 - March 2013 is the 2011/12 MY.
October 2012
Page 26
Table 24: South East Asia: Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
4,466 Oilseed, Copra 4,465 4,604 4,123 4,242 4,242
10,244 Oilseed, Palm Kernel 10,691 11,009 11,538 12,219 12,219
1,464 Oilseed, Soybean 1,325 1,285 1,301 1,351 1,351
4,130 Other 4,254 3,814 4,044 4,044 4,044
20,304 Total 20,735 20,712 21,006 21,856 21,856
none
Imports none
130 Meal, Fish 105 136 158 171 171
488 Meal, Rapeseed 388 419 445 455 455
9,550 Meal, Soybean 10,711 10,922 11,228 11,283 11,203
471 Other 435 423 388 476 414
10,639 Total 11,639 11,900 12,219 12,385 12,243
none
Imports none
2,275 Oil, Palm 2,678 3,389 3,670 3,520 3,520
1 Oil, Rapeseed 2 2 2 2 2
242 Oil, Soybean 241 234 244 224 224
0 Oil, Sunflowerseed 0 0 0 0 0
524 Other 715 789 810 963 963
3,042 Total 3,636 4,414 4,726 4,709 4,709
none
Domestic Consumption none
593 Meal, Fish 546 584 612 618 618
487 Meal, Rapeseed 387 419 445 455 455
11,048 Meal, Soybean 12,156 12,720 13,490 13,915 13,675
2,419 Other 2,411 2,585 2,416 2,881 2,634
14,547 Total 15,500 16,308 16,963 17,869 17,382
none
Domestic Consumption none
10,653 Oil, Palm 11,304 12,338 13,155 14,141 14,189
1 Oil, Rapeseed 2 2 2 2 2
429 Oil, Soybean 484 572 604 618 629
71 Oil, Sunflowerseed 71 71 71 71 71
3,866 Other 4,258 4,590 4,850 4,940 4,985
15,020 Total 16,119 17,573 18,682 19,772 19,876
none
Industrial Dom. Cons. none
3,904 Oil, Palm 4,314 5,149 5,727 6,093 6,131
0 Oil, Rapeseed 0 0 0 0 0
74 Oil, Soybean 75 77 47 45 45
0 Oil, Sunflowerseed 0 0 0 0 0
2,736 Other 2,993 3,127 3,355 3,436 3,447
6,714 Total 7,382 8,353 9,129 9,574 9,623
none
Food Use Dom. Cons. none
6,290 Oil, Palm 6,526 6,851 7,102 7,685 7,695
1 Oil, Rapeseed 2 2 2 2 2
355 Oil, Soybean 409 495 557 573 584
71 Oil, Sunflowerseed 71 71 71 71 71
1,120 Other 1,255 1,443 1,485 1,500 1,524
7,837 Total 8,263 8,862 9,217 9,831 9,876
none
SME none
857 Meal, Fish 789 844 884 893 893
347 Meal, Rapeseed 275 298 317 324 324
11,048 Meal, Soybean 12,156 12,720 13,490 13,915 13,675
1,309 Other 1,300 1,331 1,287 1,473 1,373
13,560 Total 14,520 15,193 15,978 16,605 16,265
Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
SME - 44 Percent Protein Soybean Meal Equivalent
October 2012
Page 27
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
1,277 Oilseed, Cottonseed 1,129 1,154 1,595 1,360 1,360
0 Oilseed, Rapeseed 0 0 0 0 0
229 Oilseed, Soybean 249 237 247 272 272
888 Oilseed, Sunflowerseed 864 1,066 991 1,116 1,116
85 Other 90 97 90 90 90
2,479 Total 2,332 2,554 2,923 2,838 2,838
none
Imports none
53 Meal, Fish 53 48 51 56 56
58 Meal, Rapeseed 25 93 83 55 55
3,734 Meal, Soybean 3,575 4,066 4,765 3,955 4,405
746 Other 850 856 1,179 990 1,010
4,591 Total 4,503 5,063 6,078 5,056 5,526
none
Imports none
2,006 Oil, Palm 2,172 2,365 2,387 2,480 2,480
4 Oil, Rapeseed 4 4 3 4 4
469 Oil, Soybean 378 840 560 486 505
942 Oil, Sunflowerseed 421 755 1,189 1,105 1,105
56 Other 63 65 53 58 53
3,477 Total 3,038 4,029 4,192 4,133 4,147
none
Domestic Consumption none
58 Meal, Fish 54 53 56 61 61
268 Meal, Rapeseed 257 382 312 327 317
5,605 Meal, Soybean 5,743 5,730 5,522 5,154 5,669
1,737 Other 1,892 1,957 2,338 2,348 2,358
7,668 Total 7,946 8,122 8,228 7,890 8,405
none
Domestic Consumption none
1,764 Oil, Palm 1,815 1,808 1,881 1,904 1,929
126 Oil, Rapeseed 118 141 98 134 124
1,005 Oil, Soybean 947 996 892 760 851
1,179 Oil, Sunflowerseed 1,163 1,254 1,485 1,547 1,557
525 Other 513 543 571 574 574
4,599 Total 4,556 4,742 4,927 4,919 5,035
none
Industrial Dom. Cons. none
145 Oil, Palm 150 153 150 150 150
33 Oil, Rapeseed 33 35 31 23 23
55 Oil, Soybean 62 64 64 64 64
22 Oil, Sunflowerseed 22 26 25 25 25
42 Other 54 63 51 51 51
297 Total 321 341 321 313 313
none
Food Use Dom. Cons. none
1,619 Oil, Palm 1,665 1,655 1,731 1,754 1,779
93 Oil, Rapeseed 85 106 67 111 101
933 Oil, Soybean 864 912 813 681 772
1,135 Oil, Sunflowerseed 1,120 1,208 1,438 1,500 1,510
483 Other 459 480 520 523 523
4,263 Total 4,193 4,361 4,569 4,569 4,685
none
SME none
84 Meal, Fish 78 77 81 88 88
191 Meal, Rapeseed 183 272 222 233 226
5,605 Meal, Soybean 5,743 5,730 5,522 5,154 5,669
1,556 Other 1,710 1,770 2,116 2,126 2,138
7,435 Total 7,714 7,848 7,941 7,601 8,120
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
October 2012
Page 28
Table 26: European Union (27): Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
19,000 Oilseed, Rapeseed 21,551 20,753 19,072 18,800 18,800
639 Oilseed, Soybean 836 1,090 1,288 1,100 1,100
7,121 Oilseed, Sunflowerseed 6,905 6,943 8,280 7,000 7,000
451 Other 350 396 551 517 517
27,211 Total 29,642 29,182 29,191 27,417 27,417
none
Imports none
562 Meal, Fish 429 354 450 450 450
171 Meal, Rapeseed 134 224 228 200 200
20,993 Meal, Soybean 20,728 21,710 21,200 21,900 21,900
5,019 Other 4,003 4,561 6,022 4,882 4,882
26,745 Total 25,294 26,849 27,900 27,432 27,432
none
Imports none
5,505 Oil, Palm 5,438 4,639 5,200 5,400 5,400
454 Oil, Rapeseed 441 488 580 500 500
794 Oil, Soybean 550 907 450 500 500
1,035 Oil, Sunflowerseed 938 768 1,030 1,150 1,150
1,475 Other 1,554 1,350 1,474 1,533 1,533
9,263 Total 8,921 8,152 8,734 9,083 9,083
none
Domestic Consumption none
820 Meal, Fish 750 633 725 725 725
11,759 Meal, Rapeseed 12,922 12,757 12,363 12,472 12,472
31,579 Meal, Soybean 30,138 30,722 29,713 30,062 30,062
8,065 Other 7,554 7,817 9,534 8,829 8,829
52,223 Total 51,364 51,929 52,335 52,088 52,088
none
Domestic Consumption none
5,221 Oil, Palm 5,213 4,813 5,000 5,070 5,070
8,679 Oil, Rapeseed 9,925 9,657 9,282 9,315 9,315
2,739 Oil, Soybean 2,407 2,737 2,020 2,235 2,100
3,165 Oil, Sunflowerseed 3,453 3,482 3,693 3,663 3,653
3,435 Other 3,422 3,448 3,491 3,489 3,489
23,239 Total 24,420 24,137 23,486 23,772 23,627
none
Industrial Dom. Cons. none
2,210 Oil, Palm 2,183 2,090 2,210 2,270 2,270
5,931 Oil, Rapeseed 7,190 6,972 7,000 6,890 6,890
1,085 Oil, Soybean 1,030 1,420 910 1,085 1,010
270 Oil, Sunflowerseed 300 220 230 260 230
460 Other 444 493 488 480 480
9,956 Total 11,147 11,195 10,838 10,985 10,880
none
Food Use Dom. Cons. none
2,750 Oil, Palm 2,750 2,500 2,550 2,550 2,550
2,743 Oil, Rapeseed 2,730 2,680 2,277 2,420 2,420
1,564 Oil, Soybean 1,287 1,227 1,050 1,100 1,030
2,893 Oil, Sunflowerseed 3,150 3,259 3,460 3,400 3,420
2,949 Other 2,952 2,929 2,982 2,987 2,987
12,899 Total 12,869 12,595 12,319 12,457 12,407
none
SME none
1,185 Meal, Fish 1,084 915 1,048 1,048 1,048
8,367 Meal, Rapeseed 9,194 9,077 8,796 8,874 8,874
31,579 Meal, Soybean 30,138 30,722 29,713 30,062 30,062
6,124 Other 5,970 6,102 7,645 6,953 6,953
47,255 Total 46,386 46,815 47,202 46,936 46,936
EU-27 includes Austria, Belgium, Bulgaria, 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.
October 2012
Page 29
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
14,286 Oilseed, Peanut 14,708 15,644 16,000 16,000 16,000
12,100 Oilseed, Rapeseed 13,657 13,100 13,000 12,600 12,600
15,540 Oilseed, Soybean 14,980 15,100 13,500 12,600 12,600
1,790 Oilseed, Sunflowerseed 1,956 2,300 2,150 2,250 2,250
14,400 Other 12,540 11,953 12,972 12,150 12,345
58,116 Total 57,841 58,097 57,622 55,600 55,795
none
Imports none
1,311 Meal, Fish 1,042 1,212 1,300 1,300 1,300
260 Meal, Rapeseed 993 1,413 680 750 650
215 Meal, Soybean 83 294 115 100 100
24 Other 40 60 8 10 10
1,810 Total 2,158 2,979 2,103 2,160 2,060
none
Imports none
6,118 Oil, Palm 5,760 5,711 6,000 6,400 6,400
20 Oil, Peanut 47 68 60 70 70
453 Oil, Rapeseed 785 647 950 800 750
2,494 Oil, Soybean 1,514 1,319 1,300 1,300 1,300
125 Oil, Sunflowerseed 169 23 120 250 250
563 Other 726 618 650 610 610
9,773 Total 9,001 8,386 9,080 9,430 9,380
none
Domestic Consumption none
1,618 Meal, Fish 1,258 1,431 1,515 1,515 1,515
8,317 Meal, Rapeseed 10,022 10,317 10,669 10,043 9,691
31,673 Meal, Soybean 37,546 43,382 46,790 50,009 50,246
7,952 Other 7,606 7,751 8,071 8,095 8,095
49,560 Total 56,432 62,881 67,045 69,662 69,547
none
Domestic Consumption none
5,618 Oil, Palm 5,930 5,797 6,000 6,400 6,400
2,184 Oil, Peanut 2,227 2,432 2,563 2,594 2,594
4,853 Oil, Rapeseed 5,641 5,965 6,205 6,164 6,022
9,486 Oil, Soybean 10,435 11,109 11,774 12,656 12,700
439 Oil, Sunflowerseed 493 362 465 633 633
2,158 Other 2,188 2,026 2,123 2,054 2,054
24,738 Total 26,914 27,691 29,130 30,501 30,403
none
Food Use Dom. Cons. none
3,568 Oil, Palm 3,880 3,717 3,850 4,200 4,200
2,184 Oil, Peanut 2,227 2,432 2,563 2,594 2,594
4,853 Oil, Rapeseed 5,641 5,965 6,205 6,164 6,022
9,486 Oil, Soybean 10,435 11,109 11,774 12,656 12,700
439 Oil, Sunflowerseed 493 362 465 633 633
1,707 Other 1,750 1,605 1,673 1,604 1,604
22,237 Total 24,426 25,190 26,530 27,851 27,753
none
SME none
2,338 Meal, Fish 1,818 2,068 2,189 2,189 2,189
5,918 Meal, Rapeseed 7,131 7,341 7,591 7,146 6,895
31,673 Meal, Soybean 37,546 43,382 46,790 50,009 50,246
7,382 Other 7,115 7,306 7,614 7,656 7,656
47,310 Total 53,610 60,096 64,184 66,999 66,986
SME - 44 Percent Protein Soybean Meal Equivalent
October 2012
Page 30
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons
2008/09 2009/10 2010/11 2011/12
Sep
2012/13
Oct
2012/13
none
Production none
9,600 Oilseed, Cottonseed 9,800 10,800 11,300 10,400 10,600
6,250 Oilseed, Peanut 4,900 5,850 5,500 4,950 5,000
6,700 Oilseed, Rapeseed 6,400 7,100 6,500 6,700 6,700
9,100 Oilseed, Soybean 9,700 9,800 11,000 11,400 11,500
1,000 Oilseed, Sunflowerseed 820 475 470 380 380
749 Other 749 749 749 749 749
33,399 Total 32,369 34,774 35,519 34,579 34,929
none
Imports none
5 Oil, Cottonseed 9 0 0 0 0
6,867 Oil, Palm 6,603 6,661 7,300 7,700 7,700
0 Oil, Peanut 0 0 0 0 0
42 Oil, Rapeseed 18 5 100 30 30
1,060 Oil, Soybean 1,598 945 1,200 1,070 1,070
583 Oil, Sunflowerseed 611 776 1,125 1,200 1,200
231 Other 232 195 178 198 188
8,788 Total 9,071 8,582 9,903 10,198 10,188
none
Domestic Consumption none
3,373 Meal, Cottonseed 3,424 3,745 3,935 3,795 3,885
1,777 Meal, Peanut 1,326 1,539 1,560 1,375 1,385
2,475 Meal, Rapeseed 2,500 2,750 2,670 2,680 2,680
1,975 Meal, Soybean 2,570 2,900 3,350 3,800 3,800
424 Meal, Sunflowerseed 349 178 204 161 161
310 Other 331 320 318 315 315
10,334 Total 10,500 11,432 12,037 12,126 12,226
none
Domestic Consumption none
1,038 Oil, Cottonseed 1,060 1,116 1,214 1,193 1,223
6,230 Oil, Palm 6,440 7,080 7,405 7,950 7,950
1,455 Oil, Peanut 1,320 1,325 1,365 1,235 1,243
2,099 Oil, Rapeseed 2,076 2,300 2,425 2,475 2,450
2,300 Oil, Soybean 2,760 2,640 2,915 2,970 3,070
731 Oil, Sunflowerseed 910 927 1,250 1,347 1,347
655 Other 659 651 645 653 641
14,508 Total 15,225 16,039 17,219 17,823 17,924
none
Food Use Dom. Cons. none
1,000 Oil, Cottonseed 1,021 1,075 1,172 1,150 1,180
6,000 Oil, Palm 6,200 6,820 7,125 7,650 7,650
1,440 Oil, Peanut 1,305 1,310 1,355 1,225 1,233
2,099 Oil, Rapeseed 2,076 2,300 2,425 2,475 2,450
2,300 Oil, Soybean 2,760 2,640 2,915 2,970 3,070
731 Oil, Sunflowerseed 910 927 1,250 1,347 1,347
325 Other 328 320 315 315 310
13,895 Total 14,600 15,392 16,557 17,132 17,240
none
SME none
2,733 Meal, Cottonseed 2,774 3,035 3,189 3,075 3,148
1,997 Meal, Peanut 1,490 1,730 1,753 1,546 1,557
1,761 Meal, Rapeseed 1,779 1,957 1,900 1,907 1,907
1,975 Meal, Soybean 2,570 2,900 3,350 3,800 3,800
400 Meal, Sunflowerseed 330 168 193 152 152
139 Other 148 143 142 141 141
9,006 Total 9,091 9,932 10,527 10,621 10,705
SME - 44 Percent Protein Soybean Meal Equivalent
October 2012
Page 31
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 Average00/01-09/10 265 272 286 285 327 443 1053 321 368 341 448
2000/01 167 169 180 175 200 582 888 167 219 202 2082001/02 170 174 183 179 203 389 700 238 287 220 2452002/03 209 232 217 221 267 415 963 265 286 285 2872003/04 291 294 277 285 323 425 976 282 321 317 4242004/05 217 214 232 228 277 402 915 316 313 262 4312005/06 205 202 228 227 261 383 857 261 291 292 3872006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 613
2010/11 Oct 375 411 471 468 493 472 1,395 459 634 540 947 Nov 408 452 486 492 526 492 1,495 421 693 583 1013 Dec 426 472 501 513 547 529 1,520 454 689 656 1154 Jan 426 499 529 544 572 505 1,580 483 716 693 1354 Feb 467 499 526 532 570 507 1,580 604 714 666 1503 Mar 467 488 506 512 553 516 1,646 631 684 663 1280 Apr 481 492 502 506 556 511 1,770 637 684 701 1421 May 485 493 499 489 556 505 1,894 655 693 670 1419 Jun 485 498 508 511 558 511 1,923 642 663 670 1186 Jul 485 502 529 526 559 527 2,068 668 615 658 1121 Aug 492 499 533 527 558 511 2,275 710 594 639 985 Sep 448 482 508 513 543 511 2,360 725 555 628 867 Average 454 482 508 511 549 508 1,792 591 661 647 1188
2011/12 Oct 430 435 464 475 503 624 2,400 653 524 607 804 Nov 430 423 452 457 486 730 2,738 639 545 596 980 Dec 423 413 449 448 474 679 2,800 653 545 578 968 Jan 437 435 468 468 498 741 2,800 633 540 594 965 Feb 448 456 487 482 512 725 2,800 653 577 618 945 Mar 478 490 521 512 543 767 2,800 628 589 628 888 Apr 503 523 555 546 575 774 2,800 628 620 657 903 May 514 516 546 537 573 745 2,800 639 603 619 769 Jun 511 520 556 539 567 758 2,250 602 575 600 708 Jul 566 610 669 631 662 761 2,175 597 629 620 714 Aug 595 628 713 647 684 670 1,850 628 660 626 656 *Sep 599 614 705 649 670 778 1,550 646 704 650 645 Average 495 505 549 533 562 729 2,480 633 593 616 829
7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ Rotterdam CIF; EC Lower Rhine; Oil World 10/Hamburg CIF; Europe "00"; Oil World.
* Preliminary 10/11/2012 8:19:06 AM
3/ Rio Grande, Brazil FOB; Safras & Mercado or FOB Paranagua Reuters 4/ Argentina FOB Up River; Reuters 5/ Rotterdam CIF; U.S.; Oil World. 6/ US Farm Price, Inshell, USDA.
11/ Phil/Indo CIF NW Europe; Oil World
Table 29: Oilseed Prices U.S. Dollars per Metric Ton
Soybean Peanut Sunseed
1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; Wall Street Journal.
October 2012
Page 32
Year Fish
Beg U.S. Brz Arg Hamb U.S. Rott Hamb
Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/
Oct - Sep Average00/01-09/10 255 228 206 282 124 160 916
2000/01 191 187 168 188 100 118 4592001/02 180 174 157 174 95 110 5922002/03 200 163 152 197 101 106 5982003/04 282 211 188 273 122 149 6492004/05 202 172 157 231 94 120 6652005/06 192 176 158 215 85 122 1,0602006/07 226 199 181 276 116 178 1,2202007/08 370 337 299 469 191 298 1,1462008/09 365 333 290 401 168 178 1,1032009/10 343 327 311 391 167 222 1,668
2010/11 Oct 355 380 382 417 210 295 1,710 Nov 377 404 405 428 233 275 1,609 Dec 388 403 407 436 240 271 1,520 Jan 406 401 417 454 227 275 1,631 Feb 395 408 410 447 231 278 1,793 Mar 381 384 384 423 231 270 1,796 Apr 370 372 373 406 216 244 1,776 May 377 367 367 403 224 218 1,621 Jun 383 361 366 395 265 243 1,547 Jul 382 373 374 405 266 236 1,490 Aug 385 376 378 402 272 217 1,435 Sep 371 362 368 396 291 225 1,353 Average 381 383 386 418 242 254 1,607
2011/12 Oct 332 343 346 378 256 226 1,359 Nov 320 325 326 357 247 N/A 1,339 Dec 310 321 318 347 249 216 1,309 Jan 342 349 351 371 246 209 1,307 Feb 364 376 365 385 212 219 1,292 Mar 403 399 396 426 212 235 1,300 Apr 435 438 435 471 233 271 1,383 May 458 456 460 492 254 278 1,480 Jun 466 481 480 503 250 293 1,581 Jul 569 585 581 584 331 300 1,658 Aug 622 621 627 619 384 303 1,697 *Sep 584 613 616 604 391 340 1,675 Average 434 442 442 461 272 263 1,448
1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Rio Grande, Brazil FOB; Bulk Rate45-46% Protein; Reuters. 3/ Argentina Pellets, FOB Up River; Reuters; 4/ Hanburg FOB Ex-Mill; Oil World.5/ Memphis FOB; 41% Protein Solvent Extraction; USDA; 6/ Minneapolis FOB; 32% Protein; USDA.7/ Rotterdam CIF; Argentina Pellet 37-38% or Sun Meal Ukraine DAF (Beg. Aug 2012); Oil World8/ Bremen (Hamburg prior to Mar 2006) 64-65% Protein; Oil World.9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.* Preliminary
295
318356364375
256287326327
10/11/2012 8:19:06 AM
243222227234
263251254278
266278280287
289289310290
298195
284
221
178131129184
449434
324386
243235209248
303
Rapeseed
Hamb
9/
174
141129139
265298
381302
282265
304339345378
271285283265
281
248259265
159166280
244
146161202137
U.S.
5/
193
158
Table 30: Protein Meal Prices U.S. Dollars per Metric Ton
Soybean SunseedCottonseed
October 2012
Page 33
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 Average00/01-09/10 618 612 607 688 764 975 789 1,236 1,156 541 757 678 696
2000/01 311 295 295 336 352 350 428 768 685 235 372 323 2992001/02 363 376 376 412 396 513 587 716 659 329 451 388 4222002/03 486 489 491 534 832 731 592 1,034 1,139 421 588 449 6212003/04 661 567 542 633 688 738 663 1,317 1,178 481 670 630 6252004/05 507 466 471 545 609 962 703 1,171 1,102 392 660 636 6142005/06 516 474 467 573 649 896 635 981 931 416 770 583 5552006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 7012007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866
2010/11 Oct 970 1,040 1,039 1,157 1,041 1,235 1,284 1,574 1,331 997 1,156 1,412 1,047 Nov 1,050 1,130 1,141 1,247 1,119 1,389 1,441 1,656 1,728 1,107 1,249 1,512 1,046 Dec 1,136 1,208 1,215 1,322 1,190 1,387 1,454 1,717 1,753 1,196 1,396 1,715 1,206 Jan 1,187 1,269 1,273 1,374 1,233 1,634 1,492 1,765 1,788 1,256 1,447 2,038 1,277 Feb 1,195 1,280 1,277 1,365 1,251 1,888 1,456 1,756 1,730 1,282 1,402 2,256 1,398 Mar 1,192 1,232 1,218 1,307 1,224 2,133 1,389 1,709 1,650 1,196 1,414 1,925 1,493 Apr 1,249 1,229 1,218 1,315 1,272 2,231 1,405 1,735 1,680 1,167 1,450 2,089 1,519 May 1,237 1,210 1,203 1,294 1,236 2,287 1,411 1,826 NA 1,199 1,412 2,097 1,506 Jun 1,228 1,226 1,236 1,324 1,218 2,276 1,461 1,731 1,980 1,123 1,410 1,803 1,470 Jul 1,216 1,242 1,250 1,337 1,207 2,138 1,433 1,941 2,120 1,123 1,391 1,662 1,367 Aug 1,199 1,243 1,245 1,330 1,207 2,094 1,327 2,107 N/A 1,133 1,363 1,454 1,367 Sep 1,215 1,210 1,220 1,305 1,220 2,090 1,299 2,150 N/A 1066 1,315 1,305 1278 Average 1,173 1,210 1,211 1,306 1202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331
2011/12 Oct 1,140 1,118 1,129 1,220 1,137 2,039 1,212 2,138 N/A 970 1,275 1,208 1,196 Nov 1,134 1,124 1,136 1,217 1,113 2,006 1,248 2,177 2,225 1,034 1,290 1,479 1,190 Dec 1,106 1,100 1,111 1,204 1,127 2,006 1,190 2,119 N/A 1,053 1,252 1,445 1,176 Jan 1,124 1,112 1,133 1,218 1,151 1,957 1,208 2,112 N/A 1,056 1,257 1,451 1,190 Feb 1,154 1,169 1,175 1,255 1,203 1,896 1,249 2,094 N/A 1,070 1,295 1,411 1,240 Mar 1,178 1,180 1,190 1,287 1,233 1,808 1,266 2,130 N/A 1,126 1,292 1,338 1,308 Apr 1,212 1,241 1,245 1,310 1,254 1,742 1,324 2,257 N/A 1,166 1,305 1,348 1,339 May 1,118 1,142 1,150 1,218 1,146 1,764 1,275 2,340 2,555 1,062 1,235 1,155 1,280 Jun 1,073 1,112 1,113 1,180 1,103 1,768 1,192 2,447 2,520 965 1,185 1,058 1,166 Jul 1,146 1,192 1,188 1,239 1,185 1,720 1,258 2,425 2,468 990 1,212 1,070 1,207 Aug 1,161 1,214 1,199 1,252 1,205 1,653 1,300 2,425 2,553 960 1,232 1,001 1,262 *Sep 1,186 1,234 1,201 1,288 1,224 1,653 1,334 2,304 2,408 935 1,274 969 1,283 Average 1144 1162 1164 1241 1173 1,834 1,255 2,247 2,455 1,032 1,259 1,244 1,2361/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil FOB; Bulk Rate; Reuters. 3/ Argentina FOB;Oilworld or Reuters 4/ Dutch FOB; Ex-Mill; Oil World. 5/ Valley Points FOB. Tank Cars Crude; USDA. 6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA. 9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOBEx-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 14/ Decatur; Crude; AMS * Preliminary
Table 31: Vegetable Oil Prices U.S. Dollars per Metric Ton
10/11/2012 8:19:06 AM
Soybean Sunseed Peanut
October 2012