Record Early Sales of New Crop U.S. Soybeans Signal Robust ... · February 2011. Record Early Sales of New Crop U.S. Soybeans ... Although new crop U.S. soybeans are yet to be planted,

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 02 - 11 February 2011

Record Early Sales of New Crop U.S. Soybeans Signal Robust Demand Ahead

Although new crop U.S. soybeans are yet to be planted, 5 million tons have already been sold through late January. Eighty percent of these early season sales are to China. Historically, new crop sales of this magnitude are not reached until late March or early April, so this unprecedented sales pace suggests a continuation of the strong foreign demand that has contributed to higher prices. Combined with the forecast tight U.S. ending stocks, the spike in sales and the implied strong foreign demand would leave little cushion in the event of any potential shortfall in 2011 crop. South American harvests are expected to be smaller than last year contributing little year-over-year increase in world supply. Meanwhile, global import growth continues to expand further pressuring supply. The March 31 Prospective Plantings report will give an indication of how U.S. farmers are responding to these unusual market factors.

OVERVIEW Global soybean exports are up supported by crop gains in Brazil and Paraguay. No changes are made in the U.S. soybean balance sheet. The January U.S. export bids, FOB Gulf, averaged $538 per ton, the highest since August 2008. Global vegetable oil prices have risen 25 percent since October 2010 in response to tighter supplies, particularly palm oil. Palm oil stocks in Indonesia, the top producer, are reduced due to larger domestic disappearance, primarily in the oleo-chemical industry. SOYBEAN PRICES U.S. export bids, FOB Gulf, in January averaged $538 per ton, the highest since August 2008. Strong demand for exports primarily from China continues to support higher prices. As of the week-ending January 27, U.S. soybean sales commitments (outstanding sales plus accumulated exports) to China totaled 24.1 million tons, compared to 21.5 million a year ago. Total commitments for the 2010/11 crop to the world are 38.4 million tons compared to 34.9 million for the same period last year. TRADE CHANGES IN 2010/11 • Argentina’s soybean exports are cut 0.9 million tons to 11.6 million on a reduced

crop.

• Brazil’s soybean exports are up 0.9 million tons to a record 32.3 million in response to a larger crop and competitiveness against Argentine crop.

• Paraguay’s soybean exports are up 0.5 million tons to 5.6 million on a larger crop.

• Canada’s rapeseed exports are up 0.4 million tons to 6.8 million to reflect a stronger

export pace.

• Ukraine’s sunflowerseed exports are up 0.3 million tons to 0.4 million supported by a larger crop and sustained demand from the EU-27.

• Indonesia’s palm oil exports are cut 0.2 million tons to 17.9 million in response to

stronger domestic use.

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U.S. Gulf Soybean Export Bids

February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

5.27 Oilseed, Copra 5.72 5.88 5.88 5.96 5.96

46.03 Oilseed, Cottonseed 45.89 41.08 39.22 43.55 43.55

10.08 Oilseed, Palm Kernel 11.03 11.74 12.22 12.79 12.73

31.03 Oilseed, Peanut 32.59 34.47 32.98 34.14 34.71

45.12 Oilseed, Rapeseed 48.56 57.91 60.62 58.32 58.39

237.13 Oilseed, Soybean 221.01 211.96 259.99 255.53 256.10

29.74 Oilseed, Sunflowerseed 27.20 33.27 30.39 30.10 30.35

404.40 Total 391.99 396.32 441.30 440.38 441.78

none

Imports none

0.09 Oilseed, Copra 0.11 0.10 0.10 0.10 0.10



1.94 Oilseed, Peanut 2.03 1.86 1.85 1.84 1.84


69.07 Oilseed, Soybean 78.13 77.18 87.44 96.01 95.87


80.83 Total 89.97 93.69 102.11 109.71 109.93

none

Exports none

0.13 Oilseed, Copra 0.13 0.12 0.13 0.15 0.15



2.39 Oilseed, Peanut 2.45 2.34 2.16 2.22 2.27


70.86 Oilseed, Soybean 78.77 76.85 92.78 98.00 98.65


82.84 Total 91.86 94.09 108.17 112.08 113.60

none

Crush none

5.16 Oilseed, Copra 5.66 5.65 5.81 5.90 5.90



14.13 Oilseed, Peanut 15.10 15.42 14.39 15.12 15.32


196.08 Oilseed, Soybean 202.75 192.91 209.51 225.21 225.16


328.72 Total 339.80 338.43 357.64 376.12 376.42

none

Ending Stocks none

0.10 Oilseed, Copra 0.11 0.29 0.31 0.29 0.29



1.21 Oilseed, Peanut 1.08 1.49 1.24 1.13 1.15


63.13 Oilseed, Soybean 52.91 44.07 60.17 58.28 58.21


73.42 Total 61.66 56.51 71.66 68.25 67.88

Totals may not add due to rounding

February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

1.71 Meal, Copra 1.87 1.87 1.92 1.95 1.95

15.34 Meal, Cottonseed 15.59 14.32 13.94 14.88 14.89

5.07 Meal, Fish 5.24 5.10 4.50 5.04 5.05

5.27 Meal, Palm Kernel 5.83 6.12 6.53 6.70 6.70

5.48 Meal, Peanut 5.94 6.07 5.66 5.95 6.03

25.93 Meal, Rapeseed 27.67 30.83 33.66 34.12 34.13

154.25 Meal, Soybean 159.10 151.60 165.28 177.60 177.56

11.48 Meal, Sunflowerseed 10.60 12.79 12.47 12.03 12.07

224.52 Total 231.84 228.70 243.96 258.27 258.38

none

Imports none

0.57 Meal, Copra 0.72 0.64 0.79 0.76 0.76

0.44 Meal, Cottonseed 0.42 0.34 0.34 0.35 0.35

2.69 Meal, Fish 3.01 3.10 2.61 3.12 3.13

3.77 Meal, Palm Kernel 4.21 4.10 4.24 4.46 4.46

0.16 Meal, Peanut 0.14 0.05 0.09 0.03 0.05

3.05 Meal, Rapeseed 3.56 3.53 3.66 3.90 3.90

52.55 Meal, Soybean 54.07 51.13 52.56 56.98 57.10


66.57 Total 68.89 66.79 67.82 73.35 73.50

none

Exports none

0.70 Meal, Copra 0.85 0.52 1.06 0.79 0.79

0.41 Meal, Cottonseed 0.43 0.39 0.35 0.33 0.33

2.59 Meal, Fish 2.85 2.95 2.42 2.91 2.89

3.94 Meal, Palm Kernel 4.40 4.66 4.88 5.13 5.03

0.20 Meal, Peanut 0.18 0.09 0.13 0.10 0.10

2.96 Meal, Rapeseed 3.69 3.56 3.48 4.18 4.20

55.32 Meal, Soybean 56.60 52.73 55.67 59.44 59.46


69.62 Total 72.27 69.20 72.14 76.91 76.87

none

Domestic Consumption none

1.56 Meal, Copra 1.67 1.83 1.92 1.93 1.93

15.43 Meal, Cottonseed 15.65 14.32 13.87 14.91 14.91

5.00 Meal, Fish 5.37 5.35 4.77 5.30 5.35

5.15 Meal, Palm Kernel 5.67 5.66 5.86 5.99 6.14

5.48 Meal, Peanut 5.91 6.00 5.64 5.89 5.98

26.36 Meal, Rapeseed 27.54 30.82 33.84 33.76 33.78

151.23 Meal, Soybean 156.41 151.80 160.65 174.85 174.92


221.60 Total 228.24 227.83 238.52 254.35 254.76

none

Ending Stocks none

0.10 Meal, Copra 0.17 0.32 0.05 0.06 0.05

0.22 Meal, Cottonseed 0.15 0.11 0.16 0.16 0.16

0.31 Meal, Fish 0.34 0.24 0.17 0.14 0.13

0.27 Meal, Palm Kernel 0.24 0.16 0.19 0.10 0.18

0.02 Meal, Peanut 0.02 0.05 0.03 0.03 0.03

0.25 Meal, Rapeseed 0.25 0.24 0.23 0.30 0.28

6.06 Meal, Soybean 6.21 4.41 5.94 6.23 6.22


7.44 Total 7.66 6.12 7.25 7.48 7.50


February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

3.22 Oil, Coconut 3.53 3.53 3.62 3.67 3.67

5.13 Oil, Cottonseed 5.22 4.81 4.66 4.97 4.97

2.91 Oil, Olive 2.84 2.95 2.91 2.94 2.94

37.33 Oil, Palm 41.08 43.99 45.86 47.91 47.97

4.44 Oil, Palm Kernel 4.88 5.17 5.50 5.66 5.65

4.53 Oil, Peanut 4.91 5.00 4.67 4.91 4.98

17.13 Oil, Rapeseed 18.43 20.49 22.35 22.65 22.66

36.45 Oil, Soybean 37.72 35.74 38.76 41.88 41.87

10.70 Oil, Sunflowerseed 10.03 11.99 11.66 11.21 11.26

121.83 Total 128.63 133.67 139.99 145.81 145.97

none

Imports none

1.87 Oil, Coconut 1.92 1.65 2.20 2.02 2.00

0.08 Oil, Cottonseed 0.09 0.08 0.07 0.06 0.06

0.66 Oil, Olive 0.59 0.57 0.55 0.61 0.61

26.70 Oil, Palm 30.73 34.08 34.52 36.69 36.84

2.07 Oil, Palm Kernel 2.10 2.33 2.37 2.57 2.57

0.18 Oil, Peanut 0.15 0.14 0.18 0.16 0.16

2.20 Oil, Rapeseed 2.02 2.43 2.93 2.84 2.83

9.92 Oil, Soybean 10.43 9.08 8.68 9.21 9.21


47.01 Total 50.75 54.36 55.40 57.76 57.94

none

Exports none

1.74 Oil, Coconut 1.92 1.49 2.19 1.89 1.89

0.15 Oil, Cottonseed 0.17 0.16 0.11 0.14 0.14

0.72 Oil, Olive 0.65 0.64 0.67 0.63 0.63

27.56 Oil, Palm 32.23 34.68 35.39 37.37 37.28

2.13 Oil, Palm Kernel 2.32 2.60 2.92 3.17 3.27

0.17 Oil, Peanut 0.16 0.19 0.18 0.16 0.16

2.03 Oil, Rapeseed 1.91 2.42 2.69 2.76 2.86

10.57 Oil, Soybean 10.92 9.10 9.05 9.52 9.57


49.10 Total 53.77 55.86 57.84 59.98 60.06

none


3.30 Oil, Coconut 3.42 3.37 3.83 3.87 3.86

5.03 Oil, Cottonseed 5.11 4.79 4.67 4.88 4.89

2.89 Oil, Olive 2.94 2.99 3.01 3.06 3.06

36.24 Oil, Palm 39.88 42.46 45.35 48.16 48.91

4.38 Oil, Palm Kernel 4.56 4.91 4.95 5.13 5.16

4.68 Oil, Peanut 4.83 4.86 4.84 4.87 4.94

17.52 Oil, Rapeseed 18.28 20.15 22.22 23.39 23.29

35.47 Oil, Soybean 37.75 36.07 38.30 41.81 41.80


119.75 Total 125.81 130.33 138.43 146.12 146.84

none

Ending Stocks none

0.30 Oil, Coconut 0.41 0.73 0.52 0.46 0.45

0.26 Oil, Cottonseed 0.28 0.20 0.16 0.16 0.16

1.09 Oil, Olive 0.93 0.82 0.59 0.45 0.45

4.25 Oil, Palm 3.96 4.89 4.53 4.21 3.15

0.51 Oil, Palm Kernel 0.61 0.60 0.60 0.46 0.40

0.08 Oil, Peanut 0.14 0.23 0.07 0.11 0.11

0.46 Oil, Rapeseed 0.73 1.08 1.46 0.76 0.80

3.82 Oil, Soybean 3.29 2.95 3.05 2.81 2.76


11.52 Total 11.32 13.16 12.28 10.23 9.30


February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

96.84 United States 82.45 89.20 98.90 100.47 100.47

62.03 Brazil 64.25 60.31 71.49 70.76 71.76

55.23 China 53.35 58.12 57.24 55.24 55.74

53.36 Argentina 51.89 35.51 57.94 54.52 53.59

29.92 India 33.95 33.40 31.67 35.05 35.05

107.02 Other 106.09 119.79 124.06 124.35 125.18

404.40 Total 391.99 396.32 441.30 440.38 441.78

Imports none

29.70 China 38.64 44.14 52.53 58.91 58.93

17.16 EU-27 17.02 18.02 15.92 17.16 17.28

6.54 Japan 6.51 5.74 5.90 5.89 5.89

5.42 Mexico 5.29 4.77 5.10 5.14 5.14

2.44 Taiwan 2.16 2.22 2.48 2.51 2.51

1.58 Thailand 1.82 1.57 1.71 1.88 1.88

1.94 Turkey 2.14 1.68 2.80 1.77 1.87

1.52 Indonesia 1.40 1.63 1.82 1.98 1.84

1.34 Egypt 1.08 1.60 1.67 1.80 1.80

1.41 Korea, South 1.38 1.30 1.35 1.40 1.40

11.78 Other 12.54 11.04 10.84 11.29 11.41

80.83 Total 89.97 93.69 102.11 109.71 109.93

Exports none

31.65 United States 33.05 35.69 41.77 44.37 44.33

23.54 Brazil 25.44 30.14 28.65 31.48 32.38

10.23 Argentina 14.40 6.31 13.81 13.16 12.31

7.26 Canada 7.67 10.00 9.47 9.08 9.48

3.94 Paraguay 4.73 2.27 5.38 5.19 5.69

1.24 Ukraine 1.17 3.68 2.40 2.03 2.50

0.26 Australia 0.50 1.21 1.39 1.68 1.68

4.73 Other 4.90 4.78 5.30 5.09 5.23

82.84 Total 91.86 94.09 108.17 112.08 113.60

Crush none

65.28 China 68.47 73.12 81.21 89.72 89.93

53.48 United States 53.50 49.34 51.45 49.47 49.47

36.98 Argentina 39.31 35.01 37.27 42.42 42.42

36.32 EU-27 38.05 39.51 41.66 42.40 42.28

33.49 Brazil 34.70 34.09 35.93 37.13 37.13

24.49 India 27.79 26.14 25.45 27.95 27.95

7.16 Russia 6.71 8.30 8.69 7.83 7.83

5.74 Indonesia 6.20 6.70 7.57 7.62 7.82

5.39 Ukraine 4.69 6.96 7.01 7.22 7.22

5.10 Canada 5.53 5.57 6.06 7.20 7.20

5.70 Mexico 5.64 5.19 5.43 5.48 5.48

5.16 Pakistan 4.65 4.84 5.23 5.07 5.23

4.40 Malaysia 4.97 4.92 4.97 5.27 5.05

5.17 Japan 5.17 4.73 4.79 4.70 4.70

3.08 Turkey 2.99 2.58 2.79 2.91 3.01

31.78 Other 31.45 31.45 32.14 33.77 33.74

328.72 Total 339.80 338.43 357.64 376.12 376.42

Ending Stocks none

24.04 Argentina 23.59 17.46 22.68 20.06 19.90

2.70 China 4.25 10.44 16.59 18.14 18.14

18.33 Brazil 19.11 12.16 16.12 14.94 15.04

17.02 United States 6.91 5.62 5.55 5.24 5.23

0.93 India 0.50 1.54 1.73 2.12 2.12

10.40 Other 7.30 9.29 9.00 7.76 7.45

73.42 Total 61.66 56.51 71.66 68.25 67.88

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

February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

43.55 China 46.09 49.13 55.66 62.63 62.71

41.45 United States 40.87 37.72 40.05 38.37 38.37

27.53 Argentina 29.06 25.97 28.01 31.69 31.69

25.27 Brazil 26.15 25.78 27.19 28.02 28.02

24.29 EU-27 25.35 25.75 26.92 27.55 27.48

62.44 Other 64.31 64.36 66.13 70.01 70.11

224.52 Total 231.84 228.70 243.96 258.27 258.38

Imports none

27.02 EU-27 28.55 26.72 25.37 28.26 28.31

3.15 Korea, South 3.32 3.18 3.32 3.46 3.45

2.52 Vietnam 2.53 2.84 3.06 3.12 3.12

2.65 Thailand 2.29 2.59 2.91 3.04 3.01

2.41 Indonesia 2.63 2.56 2.54 2.83 2.83

2.17 Japan 2.11 2.23 2.51 2.55 2.55

1.38 China 1.96 1.81 2.16 2.01 2.11

25.27 Other 25.50 24.86 25.95 28.09 28.13

66.57 Total 68.89 66.79 67.82 73.35 73.50

Exports none

26.42 Argentina 27.89 24.76 25.55 29.95 29.95

12.72 Brazil 12.15 13.11 12.99 13.64 13.64

8.26 United States 8.71 7.94 10.32 8.60 8.58

5.22 India 6.60 4.63 3.93 4.62 4.62

2.10 Indonesia 2.44 2.68 2.87 3.06 3.06

1.63 Canada 1.99 1.95 2.06 2.67 2.67

1.51 Ukraine 1.30 2.27 2.52 2.53 2.53

11.78 Other 11.20 11.86 11.90 11.85 11.84

69.62 Total 72.27 69.20 72.14 76.91 76.87


43.95 China 47.26 49.56 56.42 63.24 63.45

50.45 EU-27 52.90 52.22 51.61 54.51 54.51

34.86 United States 34.20 31.67 30.98 31.68 31.71

12.27 Brazil 13.51 13.50 13.93 14.63 14.63

9.09 India 9.49 10.31 10.74 11.61 11.61

5.92 Japan 5.91 5.83 5.93 6.01 6.02

6.04 Mexico 5.54 5.35 5.42 5.63 5.64

4.26 Thailand 4.13 4.26 4.63 4.85 4.82

3.99 Korea, South 4.03 3.93 4.09 4.16 4.16

3.11 Russia 3.24 3.38 3.72 3.97 3.94

47.66 Other 48.02 47.83 51.05 54.06 54.29

221.60 Total 228.24 227.83 238.52 254.35 254.76

SME none

41.78 China 45.36 47.31 53.64 60.78 60.99

46.43 EU-27 48.51 47.25 46.56 49.39 49.39

34.19 United States 33.43 30.97 30.44 30.91 30.95

12.06 Brazil 13.29 13.30 13.73 14.39 14.39

7.73 India 8.31 8.98 9.28 10.11 10.11

5.82 Japan 5.80 5.69 5.80 5.87 5.88

5.74 Mexico 5.20 5.03 5.05 5.28 5.28

55.41 Other 55.42 55.50 58.94 62.57 62.65

209.17 Total 215.32 214.03 223.45 239.30 239.64

Ending Stocks none

1.56 Argentina 1.31 1.08 2.06 2.21 2.22

1.93 Brazil 2.60 1.86 2.21 2.06 2.06

1.08 EU-27 1.26 0.57 0.29 0.65 0.63

0.39 United States 0.33 0.25 0.34 0.33 0.33

0.35 Japan 0.34 0.22 0.32 0.33 0.32

2.14 Other 1.83 2.16 2.03 1.91 1.94

7.44 Total 7.66 6.12 7.25 7.48 7.50

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

February 2011

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

19.37 Indonesia 20.98 23.69 25.59 26.62 27.30

17.20 Malaysia 19.73 19.43 19.94 20.91 20.21

14.27 China 14.69 16.10 17.79 19.37 19.44

13.76 EU-27 14.38 15.58 16.55 16.59 16.54

10.46 United States 10.55 9.67 10.05 9.87 9.87

7.71 Argentina 8.49 7.37 7.69 8.73 8.73

6.60 Brazil 6.85 6.77 7.13 7.37 7.37

32.47 Other 32.97 35.05 35.26 36.36 36.52

121.83 Total 128.63 133.67 139.99 145.81 145.97

Imports none

8.50 China 8.76 9.77 9.00 9.78 9.78

5.44 India 5.91 8.79 9.07 9.29 9.27

8.98 EU-27 8.99 9.16 8.55 8.97 9.07

2.53 United States 3.11 3.23 3.34 3.33 3.33

1.65 Pakistan 2.28 1.99 2.23 2.34 2.34

0.95 Malaysia 1.33 1.61 1.95 2.01 2.01

1.21 Egypt 1.27 1.69 1.58 1.55 1.55

1.23 Bangladesh 1.13 0.96 1.30 1.33 1.33

1.17 Iran 1.28 1.17 1.15 1.17 1.17

0.85 Russia 1.21 0.72 0.73 0.84 0.84

14.51 Other 15.49 15.27 16.49 17.16 17.26

47.01 Total 50.75 54.36 55.40 57.76 57.94

Exports none

13.39 Indonesia 16.07 18.09 18.71 20.42 20.37

13.74 Malaysia 15.53 16.53 16.91 17.51 17.51

6.87 Argentina 7.05 5.64 5.18 6.20 6.20

1.89 Ukraine 1.35 2.16 2.69 2.45 2.45

1.30 Canada 1.36 1.57 1.86 2.08 2.08

1.33 United States 1.68 1.46 1.95 1.58 1.63

2.50 Brazil 2.44 1.97 1.49 1.60 1.60

8.09 Other 8.29 8.43 9.06 8.14 8.23

49.10 Total 53.77 55.86 57.84 59.98 60.06


22.56 China 23.34 24.74 26.85 29.32 29.39

21.70 EU-27 22.26 23.22 23.94 25.13 25.01

11.81 India 12.97 14.55 15.85 16.90 16.87

11.71 United States 12.25 11.17 11.22 11.98 11.98

5.32 Indonesia 5.51 5.86 6.63 6.19 7.05

4.20 Brazil 4.84 5.23 6.01 6.29 6.29

4.74 Malaysia 4.98 5.00 5.23 5.47 5.37

2.88 Pakistan 3.18 3.20 3.39 3.46 3.52

2.83 Russia 3.13 3.04 3.07 3.11 3.10

0.89 Argentina 1.43 1.85 2.36 2.73 2.73

2.19 Japan 2.23 2.15 2.15 2.16 2.16

2.01 Mexico 2.02 1.96 2.04 2.10 2.10

1.01 Thailand 1.26 1.58 1.69 1.89 1.93

1.34 Egypt 1.48 1.68 1.80 1.85 1.85

1.73 Nigeria 1.76 1.78 1.81 1.82 1.82

22.83 Other 23.16 23.33 24.40 25.73 25.67

119.75 Total 125.81 130.33 138.43 146.12 146.84

Ending Stocks none

1.99 EU-27 1.94 2.23 2.12 1.45 1.55

1.74 United States 1.46 1.74 1.96 1.59 1.54

1.92 Malaysia 2.48 1.98 1.74 1.68 1.08

0.25 China 0.23 1.26 1.10 0.83 0.83

1.20 Indonesia 0.63 0.40 0.73 1.38 0.69

4.42 Other 4.58 5.56 4.64 3.29 3.60

11.52 Total 11.32 13.16 12.28 10.23 9.30

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

February 2011

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

87,001 United States 72,859 80,749 91,417 90,610 90,610

59,000 Brazil 61,000 57,800 69,000 67,500 68,500

48,800 Argentina 46,200 32,000 54,500 50,500 49,500

15,967 China 14,000 15,540 14,700 14,400 14,400

7,690 India 9,470 9,100 9,000 9,600 9,600

5,856 Paraguay 6,900 4,000 7,200 7,000 7,500

3,466 Canada 2,696 3,336 3,507 4,345 4,345

9,346 Other 7,881 9,439 10,666 11,578 11,647

237,126 Total 221,006 211,964 259,990 255,533 256,102

Imports none

28,726 China 37,816 41,098 50,338 57,000 57,000

15,291 EU-27 15,123 13,213 12,609 14,000 14,000

3,844 Mexico 3,584 3,327 3,450 3,600 3,600

4,094 Japan 4,014 3,396 3,402 3,450 3,450

2,436 Taiwan 2,148 2,216 2,469 2,500 2,500

1,532 Thailand 1,753 1,510 1,660 1,830 1,830

1,328 Egypt 1,061 1,575 1,623 1,750 1,750

1,309 Indonesia 1,147 1,393 1,620 1,775 1,635

1,231 Korea, South 1,232 1,167 1,197 1,260 1,260

34 Russia 442 837 1,037 1,230 1,230

9,241 Other 9,809 7,443 8,034 7,614 7,614

69,066 Total 78,129 77,175 87,439 96,009 95,869

Exports none

30,386 United States 31,538 34,817 40,852 43,273 43,273

23,485 Brazil 25,364 29,987 28,578 31,400 32,300

9,560 Argentina 13,839 5,590 13,088 12,500 11,600

3,907 Paraguay 4,585 2,234 5,350 5,135 5,635

1,683 Canada 1,753 2,017 2,247 2,625 2,625

1,840 Other 1,695 2,206 2,668 3,064 3,215

70,861 Total 78,774 76,851 92,783 97,997 98,648

Crush none

35,970 China 39,518 41,035 48,830 57,800 57,800

49,198 United States 49,081 45,230 47,669 45,042 45,042

33,586 Argentina 34,607 31,243 34,123 39,000 39,000

31,110 Brazil 32,117 31,868 33,670 34,500 34,500

14,670 EU-27 14,870 12,860 12,510 13,600 13,600

6,485 India 8,400 7,200 7,090 8,200 8,200

3,900 Mexico 3,620 3,465 3,510 3,670 3,670

2,925 Japan 2,890 2,497 2,505 2,472 2,472

805 Russia 1,051 1,497 1,950 2,280 2,280

2,161 Taiwan 1,965 1,917 2,150 2,225 2,225

1,250 Egypt 1,129 1,545 1,635 1,744 1,744

1,950 Paraguay 2,100 1,700 1,700 1,700 1,700

1,406 Thailand 1,514 1,390 1,520 1,600 1,600

1,524 Canada 1,383 1,286 1,292 1,425 1,425

1,670 Bolivia 1,160 1,350 1,425 1,390 1,390

7,465 Other 7,344 6,828 7,933 8,564 8,513

196,075 Total 202,749 192,911 209,512 225,212 225,161

Ending Stocks none

22,606 Argentina 21,760 16,588 22,277 19,627 19,527

2,700 China 4,245 9,048 14,472 16,572 16,572

18,189 Brazil 18,898 12,037 16,063 14,838 14,938

15,617 United States 5,580 3,761 4,106 3,820 3,820

218 India 96 666 1,150 1,050 1,050

3,799 Other 2,333 1,971 2,102 2,374 2,302

63,129 Total 52,912 44,071 60,170 58,281 58,209

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.

February 2011

Table 08: Soybean Meal: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

28,465 China 31,280 32,475 38,644 45,778 45,778

39,037 United States 38,359 35,473 37,830 35,864 35,864

26,061 Argentina 27,071 24,363 26,621 30,175 30,175

24,110 Brazil 24,890 24,700 26,090 26,740 26,740

11,550 EU-27 11,715 10,131 9,880 10,714 10,714

5,176 India 6,705 5,746 5,660 6,540 6,540

3,075 Mexico 2,814 2,727 2,760 2,890 2,890

16,771 Other 16,262 15,982 17,795 18,894 18,854

154,245 Total 159,096 151,597 165,280 177,595 177,555

Imports none

22,213 EU-27 24,074 20,980 20,730 23,250 23,250

2,291 Vietnam 2,296 2,521 2,768 2,800 2,800

2,237 Indonesia 2,429 2,339 2,330 2,600 2,600

2,275 Thailand 1,935 2,160 2,513 2,550 2,550

1,737 Japan 1,747 1,812 2,106 2,100 2,100

1,870 Korea, South 1,760 1,813 1,737 1,850 1,850

817 Iran 900 1,046 1,525 1,650 1,650

1,780 Mexico 1,401 1,518 1,209 1,420 1,420

1,357 Philippines 1,213 1,295 1,100 1,225 1,225

1,415 Canada 1,511 1,251 1,106 1,150 1,150

14,555 Other 14,803 14,396 15,433 16,388 16,508

52,547 Total 54,069 51,131 52,557 56,983 57,103

Exports none

25,625 Argentina 26,816 24,025 24,914 29,285 29,285

12,715 Brazil 12,138 13,109 12,985 13,640 13,640

7,987 United States 8,384 7,708 10,137 8,346 8,346

4,143 India 5,285 3,808 3,110 3,750 3,750

1,500 Paraguay 1,557 1,076 1,250 1,250 1,250

3,351 Other 2,422 3,005 3,271 3,166 3,186

55,321 Total 56,602 52,731 55,667 59,437 59,457


27,630 China 30,849 31,673 37,546 44,678 44,778

33,228 EU-27 35,169 31,579 30,138 33,256 33,256

31,166 United States 30,148 27,898 27,777 27,669 27,669

11,118 Brazil 12,257 12,418 12,835 13,345 13,345

4,871 Mexico 4,240 4,190 4,025 4,300 4,300

3,921 Japan 3,945 3,846 3,945 4,004 4,004

3,348 Thailand 3,250 3,200 3,660 3,798 3,798

2,291 Vietnam 2,296 2,478 2,768 2,956 2,956

1,020 India 1,450 1,950 2,490 2,795 2,795

1,566 Iran 1,836 1,796 2,543 2,668 2,668

2,236 Indonesia 2,370 2,383 2,350 2,600 2,600

2,661 Korea, South 2,506 2,452 2,413 2,496 2,496

1,442 Russia 1,560 1,646 1,874 2,187 2,187

2,476 Canada 2,485 2,185 2,000 2,134 2,134

1,397 Egypt 1,060 1,450 1,685 1,810 1,810

20,862 Other 20,992 20,654 22,596 24,155 24,120

151,233 Total 156,413 151,798 160,645 174,851 174,916

Ending Stocks none

1,504 Argentina 1,137 845 1,866 2,048 2,048

1,913 Brazil 2,588 1,844 2,200 2,045 2,045

859 EU-27 1,065 130 130 388 388

292 Japan 312 195 286 287 287

311 United States 266 213 274 272 272

1,183 Other 844 1,184 1,180 1,191 1,181

6,062 Total 6,212 4,411 5,936 6,231 6,221

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.

February 2011

Table 09: Soybean Oil: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

6,410 China 7,045 7,314 8,703 10,317 10,317

9,294 United States 9,335 8,503 8,897 8,618 8,618

6,424 Argentina 6,627 5,914 6,475 7,430 7,430

5,970 Brazil 6,160 6,120 6,460 6,620 6,620

2,640 EU-27 2,667 2,314 2,252 2,448 2,448

1,157 India 1,499 1,287 1,265 1,465 1,465

685 Mexico 636 609 616 645 645

3,866 Other 3,746 3,682 4,094 4,340 4,331

36,446 Total 37,715 35,743 38,762 41,883 41,874

Imports none

2,404 China 2,727 2,494 1,514 2,000 2,000

1,447 India 733 1,060 1,598 1,300 1,300

991 EU-27 1,040 793 543 750 750

360 Morocco 421 350 379 400 400

295 Algeria 383 365 402 365 365

327 Bangladesh 401 254 349 360 360

300 Peru 292 272 330 335 335

606 Iran 545 376 275 315 315

351 Venezuela 363 325 299 310 310

302 Korea, South 296 266 318 300 300

2,536 Other 3,224 2,523 2,675 2,771 2,776

9,919 Total 10,425 9,078 8,682 9,206 9,211

Exports none

5,970 Argentina 5,789 4,704 4,430 5,200 5,200

2,462 Brazil 2,388 1,909 1,449 1,540 1,540

851 United States 1,320 995 1,523 1,225 1,270

243 EU-27 333 399 380 300 300

338 Paraguay 399 229 250 272 272

231 Bolivia 141 210 214 185 185

5 Russia 10 127 170 160 160

465 Other 538 524 630 640 640

10,565 Total 10,918 9,097 9,046 9,522 9,567


8,670 China 9,693 9,486 10,435 12,198 12,198

8,426 United States 8,317 7,378 7,195 7,756 7,756

3,395 Brazil 3,955 4,276 4,965 5,165 5,165

2,500 India 2,330 2,300 2,810 2,870 2,870

3,368 EU-27 3,377 2,779 2,400 2,666 2,666

459 Argentina 1,026 1,425 1,925 2,267 2,267

820 Mexico 839 800 805 865 865

775 Iran 725 580 550 565 565

379 Egypt 659 605 545 562 562

577 Japan 573 536 485 485 485

444 Morocco 465 425 443 465 465

436 Korea, South 444 447 445 453 453

380 Taiwan 382 377 378 384 384

342 Bangladesh 380 353 361 373 373

295 Algeria 355 364 402 365 365

4,201 Other 4,232 3,938 4,151 4,369 4,365

35,467 Total 37,752 36,069 38,295 41,808 41,804

Ending Stocks none

1,399 United States 1,127 1,298 1,523 1,212 1,167

214 EU-27 211 140 155 387 387

510 Brazil 394 335 418 383 383

250 China 227 466 171 220 220

485 Argentina 297 82 202 165 165

962 Other 1,034 624 579 440 440

3,820 Total 3,290 2,945 3,048 2,807 2,762

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.

February 2011

Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Exports

North America 7,796 133 8,483 1,034 47 1,323 36,834 2,247 45,898

Canada (Aug-Jul) 82 126 130 38 47 50 2,017 2,247 2,625

United States (Sep-Aug) 7,708 10,137 8,346 995 1,523 1,270 34,817 40,852 43,273

South America 38,134 1,060 45,200 6,847 214 7,217 36,839 1,923 51,253

Argentina (Oct-Sep) 24,025 24,914 29,285 4,704 4,430 5,200 5,590 13,088 11,600

Brazil (Oct-Sep) 13,109 12,985 13,640 1,909 1,449 1,540 29,987 28,578 32,300

Paraguay (Mar-Feb) 1,076 1,250 1,250 229 250 272 2,234 5,350 5,635

South Asia 3,811 1 3,751 2 2 2 0 55 55

India (Oct-Sep) 3,808 3,110 3,750 2 2 2 55 55 55

Other 2,990 54,473 2,023 1,214 8,783 1,025 3,178 88,558 1,442

World Total 52,731 55,667 59,457 9,097 9,046 9,567 76,851 92,783 98,648

Imports

European Union 0 0 23,250 0 0 750 0 0 14,000

East Asia 3,963 3,874 4,180 2,527 1,514 2,418 1,167 57,451 64,255

China (Oct-Sep) 215 83 200 2,494 1,514 2,000 41,098 50,338 57,000

Japan (Oct-Sep) 1,812 2,106 2,100 39 29 30 3,396 3,402 3,450

Korea, South (Oct-Sep) 1,813 1,737 1,850 266 318 300 1,167 1,197 1,260

Taiwan (Oct-Sep) 113 25 20 11 0 0 2,216 2,469 2,500

Southeast Asia 6,931 7,503 10,317 142 322 336 2,278 2,585 4,565

Indonesia (Oct-Sep) 2,339 2,330 2,600 13 18 18 1,393 1,620 1,635

Malaysia (Oct-Sep) 934 1,100 1,120 102 128 135 530 580 610

Philippines (Jan-Dec) 1,295 1,100 1,225 2 6 5 35 105 70

Thailand (Sep-Aug) 2,160 2,513 2,550 0 0 0 1,510 1,660 1,830

Vietnam (Jan-Dec) 2,521 2,768 2,800 87 135 140 184 220 400

North America 2,849 2,315 2,719 245 43 312 4,075 3,825 4,358

Canada (Aug-Jul) 1,251 1,106 1,150 45 43 35 387 375 350

Mexico (Sep-Aug) 1,518 1,209 1,420 159 194 225 3,327 3,450 3,600

South America 3,865 4,191 4,641 891 23 1,026 1,744 496 771

Brazil (Oct-Sep) 83 86 90 6 37 50 44 174 175

Colombia (Oct-Sep) 825 885 925 164 184 185 290 263 264

Central America 778 857 918 46 40 172 0 236 236

Caribbean 0 820 862 219 308 309 25 185 190

Middle East 30 3,454 4,175 101 115 505 2,737 2,270 3,420

Iran (Oct-Sep) 1,046 1,525 1,650 376 275 315 783 1,070 1,070

Israel (Oct-Sep) 84 81 85 10 9 9 326 450 450

Syria (Jan-Dec) 706 588 635 5 3 2 559 525 550

Turkey (Nov-Oct) 399 413 350 10 9 10 1,007 1,860 1,100

North Africa 1,606 1,981 2,125 685 253 1,140 1,961 2,023 2,175

Egypt (Oct-Sep) 291 400 410 320 253 250 1,575 1,623 1,750

Other 31,109 27,562 3,916 4,222 6,064 2,243 63,188 18,368 1,899

World Total 51,131 52,557 57,103 9,078 8,682 9,211 77,175 87,439 95,869

February 2011

Table 11: Palm Oil: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

Production none

16,600 Indonesia 18,000 20,500 22,000 23,000 23,600

15,290 Malaysia 17,567 17,259 17,763 18,600 18,000

1,170 Thailand 1,050 1,540 1,345 1,500 1,500

810 Nigeria 820 850 850 850 850

755 Colombia 780 795 770 820 820

2,704 Other 2,867 3,048 3,134 3,142 3,202

37,329 Total 41,084 43,992 45,862 47,912 47,972

Imports none

3,650 India 5,013 6,867 6,603 7,200 7,200

5,139 China 5,223 6,118 5,760 6,250 6,250

4,294 EU-27 4,916 5,425 5,100 5,400 5,400

1,618 Pakistan 2,219 1,949 2,200 2,300 2,300

403 Malaysia 669 1,047 1,250 1,250 1,250

702 United States 952 1,036 994 975 975

898 Bangladesh 724 700 951 965 965

768 Egypt 571 960 850 850 850

419 Iran 610 504 548 620 620

516 Japan 551 531 581 580 580

8,293 Other 9,285 8,938 9,687 10,298 10,448

26,700 Total 30,733 34,075 34,524 36,688 36,838

Exports none

11,419 Indonesia 13,969 15,964 16,573 18,000 17,850

12,900 Malaysia 14,644 15,485 15,530 16,100 16,100

357 Papua New Guinea 439 507 500 438 500

273 Benin 358 348 450 480 480

334 United Arab Emirates 336 228 260 265 265

2,278 Other 2,480 2,151 2,081 2,089 2,089

27,561 Total 32,226 34,683 35,394 37,372 37,284


3,671 India 5,063 6,275 6,753 7,750 7,750

5,138 China 5,222 5,618 5,930 6,277 6,277

4,520 Indonesia 4,704 4,855 5,430 4,910 5,745

4,218 EU-27 4,717 5,039 5,024 5,388 5,388

3,109 Malaysia 3,170 3,229 3,562 3,800 3,700

1,661 Pakistan 2,027 1,995 2,130 2,250 2,250

702 Thailand 943 1,229 1,290 1,480 1,520

1,155 Nigeria 1,190 1,208 1,232 1,240 1,240

663 United States 948 959 956 1,009 1,009

880 Bangladesh 796 700 911 960 960

490 Colombia 515 615 760 815 815

595 Egypt 560 660 760 815 815

400 Iran 538 570 570 619 600

521 Japan 551 531 581 580 580

528 Russia 705 584 526 560 560

7,993 Other 8,231 8,389 8,937 9,705 9,698

36,244 Total 39,880 42,456 45,352 48,158 48,907

Ending Stocks none

1,565 Malaysia 1,987 1,579 1,500 1,450 950

1,154 Indonesia 488 190 242 1,029 302

0 China 0 499 328 300 300

129 EU-27 190 444 410 272 272

131 Togo 142 145 157 174 174

1,268 Other 1,151 2,029 1,889 987 1,147

4,247 Total 3,958 4,886 4,526 4,212 3,145

February 2011

Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

China (Oct-Sep) 8,325 9,156 9,242 4,700 5,170 5,219 12,100 13,657 12,800

India (Oct-Sep) 3,260 3,525 3,588 2,058 2,230 2,265 6,700 6,400 7,000

Canada (Aug-Jul) 2,490 2,775 3,360 1,780 1,980 2,385 12,643 12,417 11,866

Japan (Oct-Sep) 1,249 1,277 1,244 884 904 880 1 1 1

EU-27 (Jul-Jun) 11,744 12,982 12,827 8,472 9,370 9,258 19,000 21,566 20,300

Other 3,766 3,943 3,873 2,593 2,697 2,654 7,464 6,583 6,420

World Total 30,834 33,658 34,134 20,487 22,351 22,661 57,908 60,624 58,387

Imports

China (Oct-Sep) 260 993 500 453 785 600 3,034 2,177 1,900

India (Oct-Sep) 0 0 0 42 18 10 20 20 20

Canada (Aug-Jul) 6 0 0 111 196 140 121 128 270

Japan (Oct-Sep) 114 58 120 20 9 25 2,123 2,275 2,200

EU-27 (Jul-Jun) 171 134 150 454 441 500 3,342 2,198 2,120

Other 2,979 2,474 3,126 1,354 1,484 1,555 3,485 3,776 3,578

World Total 3,530 3,659 3,896 2,434 2,933 2,830 12,125 10,574 10,088

Exports

China (Oct-Sep) 268 127 130 9 5 10 0 0 0

India (Oct-Sep) 774 780 825 1 1 1 4 5 5

Canada (Aug-Jul) 1,861 1,927 2,530 1,527 1,805 2,025 7,898 7,169 6,800

Japan (Oct-Sep) 5 0 0 0 0 0 0 0 0

EU-27 (Jul-Jun) 162 213 200 142 111 150 98 157 220

Other 490 435 517 741 767 671 4,024 3,581 3,258

World Total 3,560 3,482 4,202 2,420 2,689 2,857 12,024 10,912 10,283

Domestic Consumption

China (Oct-Sep) 8,317 10,022 9,612 4,853 5,641 6,100 13,740 15,114 15,250

India (Oct-Sep) 2,475 2,745 2,765 2,095 2,247 2,274 6,140 6,661 6,795

Canada (Aug-Jul) 630 808 830 405 410 465 4,636 4,912 6,120

Japan (Oct-Sep) 1,354 1,336 1,359 919 915 908 2,205 2,255 2,196

EU-27 (Jul-Jun) 11,759 12,923 12,750 8,679 9,615 10,025 21,374 23,534 23,150

Other 6,286 6,005 6,463 3,197 3,393 3,514 6,754 6,941 6,866

World Total 30,821 33,839 33,779 20,148 22,221 23,286 54,849 59,417 60,377

Ending Stocks

China (Oct-Sep) 0 0 0 291 600 309 1,394 2,114 1,564

India (Oct-Sep) 21 21 19 4 4 4 676 430 650

Canada (Aug-Jul) 21 61 61 68 29 64 1,659 2,123 1,339

Japan (Oct-Sep) 16 15 20 16 14 11 59 80 85

EU-27 (Jul-Jun) 95 75 102 474 559 142 1,831 1,904 954

Other 82 59 78 228 249 273 1,053 890 764

World Total 235 231 280 1,081 1,455 803 6,672 7,541 5,356

2/9/2011 8:45:17 AM

February 2011

Table 13: Sunflowerseed and Products World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

Argentina (Mar-Feb) 2,440 2,300 2,800 1,391 1,185 1,250 1,345 1,115 1,180

Russia (Sep-Aug) 7,350 6,425 5,500 2,306 2,253 1,874 2,565 2,505 2,082

Turkey (Sep-Aug) 830 800 875 460 559 533 515 626 596

Ukraine (Sep-Aug) 7,000 6,500 6,750 2,600 2,580 2,636 2,632 2,608 2,667

EU-27 (Oct-Sep) 7,130 6,940 6,850 3,210 3,373 3,245 2,460 2,591 2,494

Other 8,524 7,428 7,575 2,826 2,524 2,533 2,469 2,219 2,236

World Total 33,274 30,393 30,350 12,793 12,474 12,071 11,986 11,664 11,255

Imports

Argentina (Mar-Feb) 128 40 70 0 0 0 0 0 0

Russia (Sep-Aug) 12 23 25 0 2 1 37 55 100

Turkey (Sep-Aug) 446 733 500 312 432 300 432 184 250

Ukraine (Sep-Aug) 6 7 5 0 0 0 0 0 0

EU-27 (Oct-Sep) 635 269 300 2,496 2,007 2,100 1,030 936 900

Other 581 413 429 1,080 1,090 1,332 2,500 2,717 2,414

World Total 1,808 1,485 1,329 3,888 3,531 3,733 3,999 3,892 3,664

Exports


Russia (Sep-Aug) 160 20 10 965 660 500 802 504 170

Turkey (Sep-Aug) 13 20 10 6 5 5 131 68 60

Ukraine (Sep-Aug) 767 354 400 2,209 2,516 2,520 2,098 2,645 2,400

EU-27 (Oct-Sep) 449 543 450 80 92 90 120 150 130

Other 679 561 598 322 286 309 565 594 544

World Total 2,142 1,565 1,518 4,301 4,159 4,074 4,566 4,651 4,254


Argentina (Mar-Feb) 3,367 2,750 2,880 621 620 620 384 387 392

Russia (Sep-Aug) 6,917 6,720 5,595 1,329 1,407 1,459 1,918 2,016 2,021

Turkey (Sep-Aug) 1,216 1,477 1,407 766 986 828 794 810 760

Ukraine (Sep-Aug) 6,285 6,181 6,350 386 74 106 375 219 259

EU-27 (Oct-Sep) 6,775 7,050 6,690 5,386 5,527 5,198 3,245 3,402 3,333

Other 8,185 7,435 7,517 3,566 3,357 3,542 4,017 4,423 4,182

World Total 32,745 31,613 30,439 12,054 11,971 11,753 10,733 11,257 10,947

Ending Stocks


Russia (Sep-Aug) 575 283 203 16 204 120 59 99 90

Turkey (Sep-Aug) 94 130 88 0 0 0 108 40 66

Ukraine (Sep-Aug) 29 1 6 10 0 10 268 12 20

EU-27 (Oct-Sep) 780 396 406 309 70 127 437 412 343

Other 535 380 269 58 29 43 465 384 308

World Total 2,825 1,525 1,247 608 483 460 1,661 1,309 1,027

February 2011

Table 14: Minor Vegetable Oil Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

China (Oct-Sep) 2,174 2,189 2,250 1,600 1,466 1,381 nr nr nr

India (Oct-Sep) 1,545 1,230 1,467 1,030 1,045 1,150 nr nr nr

Turkey (Nov-Oct) 4 4 4 116 98 122 175 175 175

United States (Aug-Jul) 65 63 74 303 280 363 2 3 4

EU-27 (Oct-Sep) 16 16 16 47 55 59 2,250 2,250 2,250

Other 1,199 1,164 1,164 1,710 1,717 1,899 522 482 512

World Total 5,003 4,666 4,975 4,806 4,661 4,974 2,949 2,910 2,941

Imports

China (Oct-Sep) 20 47 30 0 0 0 nr nr nr

India (Oct-Sep) 0 0 0 5 9 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 7 5 5 0 0 0


EU-27 (Oct-Sep) 76 79 75 3 2 3 103 79 130

Other 24 22 22 61 52 49 191 198 202

World Total 144 181 161 76 68 57 570 545 609

Exports



Turkey (Nov-Oct) 0 0 0 2 2 1 29 25 30


EU-27 (Oct-Sep) 3 4 2 2 0 1 418 495 410

Other 174 157 145 68 60 80 192 148 188

World Total 191 175 162 164 109 142 642 671 631


China (Oct-Sep) 2,184 2,227 2,270 1,595 1,462 1,378 nr nr nr

India (Oct-Sep) 1,455 1,385 1,427 1,038 1,060 1,141 nr nr nr

Turkey (Nov-Oct) 4 4 4 140 101 126 136 150 150


EU-27 (Oct-Sep) 89 91 89 47 59 61 2,070 2,070 2,100

Other 1,041 1,041 1,042 1,745 1,732 1,873 511 522 527

World Total 4,861 4,838 4,935 4,792 4,668 4,885 2,992 3,010 3,055

Ending Stocks



Turkey (Nov-Oct) 0 0 0 0 0 0 55 55 50


EU-27 (Oct-Sep) 5 5 5 3 1 1 668 432 302

Other 56 44 43 86 63 58 93 103 102

World Total 234 68 107 204 156 160 816 590 454

February 2011

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

286.75 22.2149.26355.7248.0020.98177.25 1997/98 275.17 31.30

294.57 24.4851.09377.7551.8831.30184.76 1998/99 292.00 34.66

304.27 25.5159.43398.1359.2034.66188.48 1999/00 300.13 38.57

313.87 26.8066.84418.0465.5938.57188.58 2000/01 310.94 40.25

324.75 27.5262.30428.6863.6740.25188.58 2001/02 323.89 42.48

331.54 27.6969.96445.0771.0542.48187.15 2002/03 326.03 49.08

335.77 27.8666.80448.9264.0749.08199.70 2003/04 337.12 45.00

381.30 29.2274.44498.9672.6645.00209.56 2004/05 366.76 57.76

391.29 29.7775.41524.4675.4257.76211.11 2005/06 384.53 64.52

404.40 30.3982.84549.7580.8364.52211.01 2006/07 393.49 73.42

391.99 30.6191.86555.3889.9773.42206.15 2007/08 401.87 61.66

396.32 31.8994.09551.6793.6961.66215.17 2008/09 401.08 56.51

441.30 32.75108.17599.92102.1156.51215.35 2009/10 420.09 71.66

441.78 33.55113.60623.37109.9371.66211.86 2010/11 441.89 67.88

Major Protien Meals

153.19 0.3544.33205.5945.536.86nr 1997/98 153.46 7.81

163.33 0.4047.21218.1847.057.81nr 1998/99 162.58 8.39

167.69 0.3946.73223.3347.288.36nr 1999/00 168.85 7.75

174.68 0.4148.45230.5048.077.75nr 2000/01 175.01 7.04

182.61 0.4252.88241.0551.397.04nr 2001/02 180.76 7.41

185.63 0.4354.07246.6453.617.41nr 2002/03 186.12 6.45

190.86 0.4559.12255.0857.776.45nr 2003/04 189.08 6.88

206.50 0.4861.27272.7559.376.88nr 2004/05 204.40 7.08

217.15 0.5066.58289.4065.177.08nr 2005/06 215.23 7.58

224.52 0.5069.62298.6766.577.58nr 2006/07 221.60 7.44

231.84 0.5472.27308.1768.897.44nr 2007/08 228.24 7.66

228.70 0.5869.20303.1566.797.66nr 2008/09 227.83 6.12

243.96 0.6372.14317.9167.826.12nr 2009/10 238.52 7.25

258.38 0.6776.87339.1373.507.25nr 2010/11 254.76 7.50

Major Vegetable Oils

75.22 66.3826.22107.1424.687.237.69 1997/98 73.81 7.11

80.37 70.7527.65114.3726.897.117.95 1998/99 78.59 8.13

86.04 74.4128.69120.5926.587.988.33 1999/00 82.89 9.02

89.81 78.6830.78129.0630.249.0210.21 2000/01 88.81 9.47

92.76 80.3332.95133.1230.909.4710.54 2001/02 91.22 8.95

96.09 83.0735.94140.0034.968.954.56 2002/03 95.26 8.80

102.89 86.9739.24149.3537.678.804.54 2003/04 100.76 9.36

111.62 91.4642.77161.7940.829.368.25 2004/05 108.18 10.84

118.91 94.4547.78174.3044.5510.848.36 2005/06 114.99 11.53

121.83 96.0049.10180.3647.0111.538.45 2006/07 119.75 11.52

128.63 99.1453.77190.9050.7511.528.69 2007/08 125.81 11.32

133.67 101.9555.86199.3554.3611.328.82 2008/09 130.33 13.16

139.99 107.2857.84208.5555.4013.168.92 2009/10 138.43 12.28

145.97 112.4060.06216.1957.9412.287.59 2010/11 146.84 9.30

Based on the aggregate of different marketing years

February 2011

Table 16: World: Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

157.95 123.2139.31211.9438.1615.8368.53 1997/98 145.06 27.57

159.83 134.6437.93225.9538.5527.5771.30 1998/99 158.77 29.25

160.35 135.0045.63235.1745.5729.2571.91 1999/00 159.22 30.32

175.76 146.5553.66259.1353.0530.3275.44 2000/01 171.53 33.94

184.82 158.0152.90273.1454.3933.9479.47 2001/02 184.47 35.77

196.87 165.1961.24295.5562.9135.7782.31 2002/03 191.10 43.21

186.64 164.2156.04283.8554.0043.2188.41 2003/04 189.70 38.11

215.78 175.2664.82317.3663.4738.1193.18 2004/05 204.39 48.15

220.67 186.1463.43332.9464.1348.1592.92 2005/06 216.14 53.38

237.13 196.0870.86359.5769.0753.3894.26 2006/07 225.58 63.13

221.01 202.7578.77362.2678.1363.1390.67 2007/08 230.58 52.91

211.96 192.9176.85342.0577.1852.9196.40 2008/09 221.13 44.07

259.99 209.5192.78391.5087.4444.07101.86 2009/10 238.55 60.17

256.10 225.1698.65412.1495.8760.17102.97 2010/11 255.28 58.21

Meal, Soybean

97.96 123.3532.63136.7834.034.79nr 1997/98 98.44 5.71

106.35 134.6935.38147.8335.785.71nr 1998/99 106.02 6.43

106.99 135.0334.19148.3434.926.43nr 1999/00 108.41 5.74

116.08 146.5836.26157.7635.945.74nr 2000/01 115.93 5.57

125.03 158.1241.81171.0140.415.57nr 2001/02 123.51 5.69

130.27 165.1943.07178.4342.475.69nr 2002/03 130.05 5.31

129.03 164.2246.09179.2444.895.31nr 2003/04 127.55 5.60

138.57 175.2747.70190.0845.925.60nr 2004/05 136.54 5.84

146.56 186.1652.52203.5651.175.84nr 2005/06 145.22 5.82

154.25 196.1355.32212.6252.555.82nr 2006/07 151.23 6.06

159.10 202.7956.60219.2354.076.06nr 2007/08 156.41 6.21

151.60 193.1052.73208.9451.136.21nr 2008/09 151.80 4.41

165.28 209.8555.67222.2552.564.41nr 2009/10 160.65 5.94

177.56 225.5959.46240.5957.105.94nr 2010/11 174.92 6.22

Oil, Soybean

22.41 123.226.3231.286.222.65nr 1997/98 22.23 2.73

24.43 134.677.3334.397.222.73nr 1998/99 24.43 2.63

24.49 135.046.1533.186.062.63nr 1999/00 24.11 2.91

26.75 146.586.9036.556.892.91nr 2000/01 26.56 3.10

28.92 158.118.2339.697.673.10nr 2001/02 28.27 3.20

30.51 165.198.8041.988.273.20nr 2002/03 30.26 2.92

30.30 164.218.7041.608.392.92nr 2003/04 30.30 2.61

32.53 175.269.0944.028.882.61nr 2004/05 31.82 3.11

34.79 186.149.7646.999.093.11nr 2005/06 33.74 3.49

36.45 196.1110.5749.859.923.49nr 2006/07 35.47 3.82

37.72 202.7710.9251.9610.433.82nr 2007/08 37.75 3.29

35.74 193.089.1048.119.083.29nr 2008/09 36.07 2.95

38.76 209.839.0550.398.682.95nr 2009/10 38.30 3.05

41.87 225.579.5754.139.213.05nr 2010/11 41.80 2.76

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

February 2011

Table 17: World: Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

33.12 0.364.2639.464.302.0423.50 1997/98 34.13 1.07

35.76 0.286.8443.867.041.0725.41 1998/99 34.79 2.23

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 0.444.9043.654.952.6923.29 2001/02 35.98 2.78

33.26 0.384.1340.074.032.7822.10 2002/03 33.77 2.17

39.44 0.625.4946.765.152.1725.47 2003/04 39.17 2.10

46.11 0.634.9053.235.022.1026.68 2004/05 43.58 4.75

48.54 0.306.9859.976.684.7527.27 2005/06 47.48 5.51

45.12 0.536.6257.647.015.5126.48 2006/07 46.36 4.66

48.56 0.468.1560.797.564.6628.29 2007/08 49.12 3.51

57.91 0.4812.0273.5512.133.5131.11 2008/09 54.85 6.67

60.62 0.5310.9177.8710.576.6731.11 2009/10 59.42 7.54

58.39 0.5510.2876.0210.097.5432.14 2010/11 60.38 5.36

Meal, Rapeseed

18.85 0.002.8622.192.820.51nr 1997/98 18.88 0.44

19.23 0.002.0421.792.120.44nr 1998/99 19.38 0.37

22.08 0.002.3224.682.260.34nr 1999/00 21.98 0.38

21.17 0.001.8323.471.920.38nr 2000/01 21.35 0.29

19.94 0.001.5121.761.540.29nr 2001/02 19.95 0.30

18.80 0.001.6220.831.730.30nr 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

26.56 0.002.5129.462.550.35nr 2005/06 26.37 0.59

25.93 0.002.9629.573.050.59nr 2006/07 26.36 0.25

27.67 0.003.6931.473.560.25nr 2007/08 27.54 0.25

30.83 0.003.5634.623.530.25nr 2008/09 30.82 0.24

33.66 0.003.4837.553.660.24nr 2009/10 33.84 0.23

34.13 0.004.2038.263.900.23nr 2010/11 33.78 0.28

Oil, Rapeseed

11.46 10.422.0013.862.020.39nr 1997/98 11.41 0.46

11.85 10.751.8113.941.640.46nr 1998/99 11.64 0.49

14.00 12.741.7316.181.730.45nr 1999/00 13.77 0.69

13.37 12.261.2015.391.340.69nr 2000/01 13.42 0.77

13.08 12.091.0314.971.120.77nr 2001/02 13.27 0.67

12.27 11.020.9113.830.890.67nr 2002/03 12.36 0.56

14.11 12.421.3316.031.360.56nr 2003/04 14.30 0.40

15.74 12.871.2917.341.200.40nr 2004/05 15.56 0.49

17.36 13.131.6519.311.470.49nr 2005/06 16.98 0.68

17.13 12.612.0320.022.200.68nr 2006/07 17.52 0.46

18.43 13.201.9120.922.020.46nr 2007/08 18.28 0.73

20.49 14.052.4223.652.430.73nr 2008/09 20.15 1.08

22.35 15.242.6926.372.931.08nr 2009/10 22.22 1.46

22.66 15.702.8626.952.831.46nr 2010/11 23.29 0.80

Based on the aggregate of different marketing years.

February 2011

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

23.30 0.8124.083.023.171.4319.15 1997/98

26.65 1.3526.173.693.760.8121.46 1998/99

27.18 2.0826.352.162.071.3523.06 1999/00

23.08 1.5623.312.522.232.0819.92 2000/01

21.41 1.5121.381.191.111.5618.83 2001/02

23.91 1.9923.281.521.371.5120.21 2002/03

26.88 2.7126.082.272.191.9922.98 2003/04

25.28 2.2425.661.231.132.7120.87 2004/05

29.93 2.5229.531.521.382.2422.76 2005/06

29.74 2.8129.301.901.762.5223.36 2006/07

27.20 2.6327.151.481.252.8121.11 2007/08

33.27 2.8332.752.141.812.6323.68 2008/09

30.39 1.5331.611.571.492.8322.23 2009/10

30.35 1.2530.441.521.331.5322.74 2010/11

Meal, Sunflowerseed

9.81 0.369.642.402.320.28nr 1997/98

10.54 0.3910.232.852.570.36nr 1998/99

10.57 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 0.178.952.322.200.24nr 2002/03

10.22 0.219.972.862.660.17nr 2003/04

9.96 0.189.772.772.550.21nr 2004/05

11.49 0.2611.163.553.310.18nr 2005/06

11.48 0.2111.393.493.350.26nr 2006/07

10.60 0.2810.023.282.780.21nr 2007/08

12.79 0.6112.054.303.890.28nr 2008/09

12.47 0.4811.974.163.530.61nr 2009/10

12.07 0.4611.754.073.730.48nr 2010/11

Oil, Sunflowerseed

8.48 0.648.213.062.680.76nr 1997/98

9.27 0.898.833.142.950.64nr 1998/99

9.28 0.938.762.902.460.85nr 1999/00

8.18 0.708.182.242.010.93nr 2000/01

7.44 0.487.501.921.760.70nr 2001/02

8.12 0.507.822.282.000.48nr 2002/03

9.19 0.588.392.681.950.50nr 2003/04

9.14 0.808.502.572.160.58nr 2004/05

10.64 0.999.863.913.300.80nr 2005/06

10.70 0.7510.234.043.330.99nr 2006/07

10.03 0.989.043.482.730.75nr 2007/08

11.99 1.6610.734.574.000.98nr 2008/09

11.66 1.3111.264.653.891.66nr 2009/10

11.26 1.0310.954.253.661.31nr 2010/11

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

February 2011

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

Million Metric Tons

Beginning

Stocks


Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

10.37 13.822.6910.8229.1916.921.91 1997/98 16.73 1.65

12.01 14.892.8112.3632.8619.201.65 1998/99 17.92 2.57

13.13 17.402.8014.0437.4621.802.53 1999/00 20.50 2.92

16.28 20.083.4916.4743.5124.312.92 2000/01 24.07 2.97

16.48 20.103.8717.6544.7625.312.97 2001/02 24.54 2.57

19.67 21.804.7319.9649.9227.682.57 2002/03 27.13 2.83

21.89 23.085.5122.1254.7730.052.83 2003/04 29.18 3.47

24.27 24.896.7925.0661.2333.503.47 2004/05 32.37 3.80

26.19 25.697.7927.6165.7835.783.80 2005/06 34.15 4.02

26.70 27.068.5027.5668.0537.334.02 2006/07 36.24 4.25

30.73 29.629.5232.2376.0641.084.25 2007/08 39.88 3.96

34.08 31.3010.3434.6882.0343.993.96 2008/09 42.46 4.89

34.52 33.3211.1435.3985.2745.864.89 2009/10 45.35 4.53

36.84 35.6312.2937.2889.3447.974.53 2010/11 48.91 3.15

Oil, Coconut

1.73 1.881.072.065.493.370.39 1997/98 3.12 0.31

1.21 1.751.001.114.242.720.31 1998/99 2.91 0.22

1.48 1.691.091.965.033.370.19 1999/00 2.90 0.17

1.77 2.051.191.835.533.590.17 2000/01 3.38 0.33

1.83 1.811.241.795.333.170.33 2001/02 3.20 0.34

1.89 1.831.231.735.373.140.34 2002/03 3.18 0.46

1.68 1.831.271.805.433.290.46 2003/04 3.23 0.40

1.86 1.791.372.075.713.460.40 2004/05 3.25 0.39

1.99 1.911.462.085.853.460.39 2005/06 3.51 0.26

1.87 1.761.471.745.353.220.26 2006/07 3.30 0.30

1.92 1.791.531.925.753.530.30 2007/08 3.42 0.41

1.65 1.731.591.495.593.530.41 2008/09 3.37 0.73

2.20 2.131.622.196.543.620.73 2009/10 3.83 0.52

2.00 2.131.681.896.203.670.52 2010/11 3.86 0.45

Meal, Fish

2.27 0.000.092.267.894.970.65 1997/98 4.97 0.66

2.78 0.000.083.079.255.810.66 1998/99 5.51 0.67

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

3.60 0.000.053.659.495.710.18 2004/05 5.69 0.15

2.94 0.000.052.738.054.960.15 2005/06 5.17 0.15

2.69 0.000.052.597.915.070.15 2006/07 5.00 0.31

3.01 0.000.052.858.565.240.31 2007/08 5.37 0.34

3.10 0.000.052.958.555.100.34 2008/09 5.35 0.24

2.61 0.000.052.427.364.500.24 2009/10 4.77 0.17

3.13 0.000.052.898.365.050.17 2010/11 5.35 0.13

Based on the aggregate of different marketing years.

February 2011

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Major Oilseeds

83,095 48,88724,55588,4216724,65435,351 1997/98 57,421 6,445

84,364 47,81322,72291,5076986,44535,275 1998/99 58,005 10,780

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

98,902 51,45341,770105,5871,0665,61935,512 2009/10 58,272 5,545

100,466 49,46944,329106,9739625,54537,185 2010/11 57,412 5,232

Major Protien Meals

37,455 48,8878,95739,0391,355229nr 1997/98 29,783 299

36,764 47,8137,22338,2841,221299nr 1998/99 30,728 333

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

37,717 49,3437,94039,8591,809333nr 2008/09 31,673 246

40,046 51,45310,31741,6361,344246nr 2009/10 30,979 340

38,366 49,4698,57740,6191,913340nr 2010/11 31,708 334

Major Vegetable Oils

9,558 48,8872,04312,1441,6449420 1997/98 9,118 983

9,431 47,8131,63511,8241,4109830 1998/99 9,191 998

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 53,4951,67915,3953,1091,7410 2007/08 12,252 1,464

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

10,049 51,4531,94915,1233,3371,7370 2009/10 11,219 1,955

9,869 49,4691,62715,1513,3271,9550 2010/11 11,981 1,543

Based on the aggregate of different marketing years

February 2011

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

73,176 43,46423,79676,9001363,58827,968 1997/98 47,666 5,438

74,598 43,26221,89980,132965,43828,507 1998/99 48,749 9,484

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 47,66940,85295,5753973,76130,907 2009/10 50,617 4,106

90,610 45,04243,27395,1244084,10631,006 2010/11 48,031 3,820

Meal, Soybean

34,633 43,4648,72234,88460191nr 1997/98 25,964 198

34,285 43,2626,97934,584101198nr 1998/99 27,305 300

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

37,830 47,66910,13738,188145213nr 2009/10 27,777 274

35,864 45,0428,34636,287149274nr 2010/11 27,669 272

Oil, Soybean

8,229 43,4641,3978,94627690nr 1997/98 6,922 627

8,202 43,2621,0768,86738627nr 1998/99 7,101 690

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 47,6691,52310,241461,298nr 2009/10 7,195 1,523

8,618 45,0421,27010,193521,523nr 2010/11 7,756 1,167

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.

February 2011

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

32,500 21,8329,32533,73363459913,000 1997/98 23,586 822

31,300 21,6458,91232,73861682212,900 1998/99 23,423 403

34,700 21,57811,77935,89779440313,600 1999/00 23,502 616

39,500 22,77315,52140,97085461613,934 2000/01 24,992 457

43,500 25,84316,07445,0571,10045716,350 2001/02 28,302 681

52,000 27,79619,98753,8051,12468118,448 2002/03 30,520 3,298

51,000 28,91419,25754,6623643,29821,520 2003/04 31,807 3,598

53,000 29,73022,79956,9503523,59822,917 2004/05 32,515 1,636

57,000 28,75424,77058,676401,63622,229 2005/06 31,654 2,252

59,000 31,51123,80561,3601082,25220,700 2006/07 34,445 3,110

61,000 31,89524,51564,193833,11021,300 2007/08 34,860 4,818

57,800 30,77828,04162,7421244,81821,700 2008/09 33,545 1,156

69,000 35,50029,19070,3061501,15623,500 2009/10 38,450 2,666

68,500 34,00032,30071,3411752,66624,250 2010/11 37,100 1,941

Meal, Soybean (Local)

17,235 21,83210,86117,817157425nr 1997/98 6,435 521

17,000 21,64510,13217,59675521nr 1998/99 6,870 594

16,831 21,5789,87617,544119594nr 1999/00 7,068 600

17,753 22,77311,11018,583230600nr 2000/01 7,171 302

20,392 25,84312,78321,082388302nr 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 29,73014,25624,125244841nr 2004/05 9,133 736

22,280 28,75412,28723,230214736nr 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 30,77812,15325,653861,717nr 2008/09 12,200 1,300

27,510 35,50014,14028,895851,300nr 2009/10 12,950 1,805

26,350 34,00013,00028,245901,805nr 2010/11 13,475 1,770

Oil, Soybean (Local)

4,083 21,8321,4134,434197154nr 1997/98 2,795 226

4,048 21,6451,5194,517243226nr 1998/99 2,762 236

4,036 21,5781,1344,383111236nr 1999/00 2,971 278

4,370 22,7731,6164,73587278nr 2000/01 2,937 182

4,905 25,8432,1005,227140182nr 2001/02 2,936 191

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

5,579 28,9142,5315,87814285nr 2003/04 2,969 378

5,710 29,7302,6976,0913378nr 2004/05 3,099 295

5,520 28,7542,3155,83318295nr 2005/06 3,211 307

6,050 31,5112,5216,41962307nr 2006/07 3,505 393

6,120 31,8952,1986,5229393nr 2007/08 4,035 289

5,910 30,7781,4966,24041289nr 2008/09 4,444 300

6,810 35,5001,6247,15040300nr 2009/10 5,068 458

6,520 34,0001,4457,02850458nr 2010/11 5,295 288

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

Where February 2006 - January 2007 is the 2005/06 MY.

February 2011

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

19,500 16,7422,85521,4062891,6176,954 1997/98 17,499 1,052

20,000 17,1083,09721,3032511,0528,165 1998/99 17,933 273

21,200 16,5144,10921,7743012738,583 1999/00 17,449 216

27,800 19,5077,37728,30729121610,400 2000/01 20,587 343

30,000 22,3976,22130,64029734311,400 2001/02 23,597 822

35,500 24,8158,80936,69937782212,600 2002/03 26,140 1,750

33,000 25,0726,79935,4697191,75014,000 2003/04 26,509 2,161

39,000 29,56010,68641,8707092,16114,400 2004/05 31,010 174

40,500 32,7487,13041,6871,01317415,200 2005/06 34,223 334

48,800 35,96312,13351,4702,33633416,300 2006/07 37,463 1,874

46,200 31,88311,80351,0212,9471,87416,371 2007/08 33,454 5,764

32,000 28,5523,48637,9211575,76416,000 2008/09 30,137 4,298

54,500 38,62314,27558,79804,29818,600 2009/10 40,223 4,300

49,500 38,87511,50053,80004,30018,600 2010/11 40,525 1,775

Meal, Soybean (Local)

13,440 16,74212,68915,33001,890nr 1997/98 343 2,298

13,438 17,10812,76115,73602,298nr 1998/99 342 2,633

13,113 16,51412,85415,74602,633nr 1999/00 350 2,542

15,492 19,50715,97918,03402,542nr 2000/01 374 1,681

17,762 22,39717,57219,44301,681nr 2001/02 423 1,448

19,667 24,81519,16221,11501,448nr 2002/03 500 1,453

19,741 25,07219,07821,19621,453nr 2003/04 530 1,588

23,350 29,56022,70324,93911,588nr 2004/05 550 1,686

25,582 32,74824,72327,26801,686nr 2005/06 574 1,971

27,857 35,96328,10829,83021,971nr 2006/07 625 1,097

24,839 31,88324,38925,93931,097nr 2007/08 632 918

22,519 28,55221,30323,4414918nr 2008/09 652 1,486

30,000 38,62328,96031,48821,486nr 2009/10 698 1,830

30,000 38,87529,10031,83221,830nr 2010/11 722 2,010

Oil, Soybean (Local)

2,953 16,7422,5443,3980445nr 1997/98 217 637

3,118 17,1083,0853,7550637nr 1998/99 230 440

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 28,5523,7075,5850137nr 2008/09 1,721 157

7,350 38,6235,1757,5070157nr 2009/10 2,169 163

7,390 38,8755,0007,5530163nr 2010/11 2,385 168

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

Where April 2006 - March 2007 is the 2005/06 MY.

February 2011

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


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

3,988 Oilseed, Copra 4,347 4,466 4,465 4,545 4,545

8,639 Oilseed, Palm Kernel 9,544 10,241 10,685 11,261 11,191

1,470 Oilseed, Soybean 1,457 1,440 1,361 1,471 1,411

3,386 Other 3,374 3,503 3,519 3,519 3,519

17,483 Total 18,722 19,650 20,030 20,796 20,666

none

Imports none

112 Meal, Fish 117 129 102 132 132

380 Meal, Rapeseed 428 488 438 510 460

9,078 Meal, Soybean 8,817 9,270 9,833 10,317 10,317

383 Other 334 468 404 455 475

9,953 Total 9,696 10,355 10,777 11,414 11,384

none

Imports none

1,437 Oil, Palm 1,870 2,284 2,581 2,783 2,933

0 Oil, Rapeseed 0 0 0 0 0

242 Oil, Soybean 275 242 322 336 336

0 Oil, Sunflowerseed 0 0 0 0 0

486 Other 599 518 637 681 681

2,165 Total 2,744 3,044 3,540 3,800 3,950

none


522 Meal, Fish 541 609 527 558 558

380 Meal, Rapeseed 428 488 438 510 460

10,501 Meal, Soybean 10,422 10,628 11,327 12,057 12,057

2,167 Other 2,163 2,465 2,437 2,477 2,632

13,570 Total 13,554 14,190 14,729 15,602 15,707

none


9,256 Oil, Palm 9,843 10,333 11,365 11,648 12,423


456 Oil, Soybean 484 472 527 565 565


3,395 Other 3,615 3,902 3,977 4,121 4,151

13,185 Total 14,020 14,785 15,947 16,412 17,217

none

Industrial Dom. Cons. none

3,025 Oil, Palm 3,446 3,954 4,407 4,440 4,995


71 Oil, Soybean 73 74 75 77 77


2,366 Other 2,568 2,780 2,768 2,869 2,889

5,462 Total 6,087 6,808 7,250 7,386 7,961

none

Food Use Dom. Cons. none

5,824 Oil, Palm 5,957 5,910 6,428 6,703 6,838


385 Oil, Soybean 411 398 452 488 488


1,024 Other 1,041 1,114 1,199 1,240 1,250

7,311 Total 7,487 7,500 8,157 8,509 8,654

none

SME none

754 Meal, Fish 782 880 762 806 806

270 Meal, Rapeseed 305 347 312 363 327

10,501 Meal, Soybean 10,422 10,628 11,327 12,057 12,057

1,178 Other 1,146 1,270 1,249 1,291 1,361

12,703 Total 12,654 13,125 13,649 14,517 14,552

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

SME - 44 Percent Protein Soybean Meal Equivalent

February 2011

Table 25: Middle East Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

1,877 Oilseed, Cottonseed 1,684 1,277 1,143 1,304 1,304

0 Oilseed, Rapeseed 0 0 0 0 0

213 Oilseed, Soybean 212 241 297 332 332

910 Oilseed, Sunflowerseed 758 888 861 936 936

77 Other 85 85 85 85 85

3,077 Total 2,739 2,491 2,386 2,657 2,657

none

Imports none

54 Meal, Fish 62 53 53 56 56

21 Meal, Rapeseed 54 58 33 45 45

2,623 Meal, Soybean 2,929 3,602 3,867 4,175 4,175

813 Other 513 709 851 834 834

3,511 Total 3,558 4,422 4,804 5,110 5,110

none

Imports none

1,905 Oil, Palm 2,240 2,004 2,220 2,390 2,390


792 Oil, Soybean 693 531 456 505 505


41 Other 48 60 65 58 58

3,107 Total 3,548 3,523 3,384 3,559 3,559

none


59 Meal, Fish 65 56 54 60 59

139 Meal, Rapeseed 321 302 313 303 303

4,605 Meal, Soybean 5,084 5,325 6,297 6,702 6,702

2,092 Other 1,683 1,697 1,879 1,874 1,912

6,895 Total 7,153 7,380 8,543 8,939 8,976

none


1,552 Oil, Palm 1,803 1,799 1,915 2,080 2,061

52 Oil, Rapeseed 116 112 103 106 106

1,284 Oil, Soybean 1,126 950 1,001 1,054 1,054

995 Oil, Sunflowerseed 1,004 1,233 1,239 1,147 1,157

582 Other 553 556 534 555 555

4,465 Total 4,602 4,650 4,792 4,942 4,933

none


160 Oil, Palm 146 145 155 168 168

28 Oil, Rapeseed 35 33 33 35 35

137 Oil, Soybean 76 60 65 66 66


58 Other 50 42 51 46 46

405 Total 329 302 326 337 337

none


1,392 Oil, Palm 1,657 1,654 1,760 1,912 1,893

24 Oil, Rapeseed 81 79 70 71 71

1,125 Oil, Soybean 1,030 870 915 966 966

953 Oil, Sunflowerseed 960 1,189 1,196 1,105 1,115

524 Other 503 514 483 509 509

4,018 Total 4,231 4,306 4,424 4,563 4,554

none

SME none

85 Meal, Fish 94 81 78 87 85

99 Meal, Rapeseed 228 215 223 216 216

4,605 Meal, Soybean 5,084 5,325 6,297 6,702 6,702

1,854 Other 1,484 1,519 1,700 1,685 1,721

6,643 Total 6,891 7,140 8,298 8,690 8,724

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.


February 2011

Table 26: European Union (27): Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

16,092 Oilseed, Rapeseed 18,358 19,000 21,566 20,300 20,300

1,228 Oilseed, Soybean 723 639 835 1,025 1,025

6,502 Oilseed, Sunflowerseed 4,799 7,130 6,940 6,850 6,850

678 Other 643 475 462 470 470

24,500 Total 24,523 27,244 29,803 28,645 28,645

none

Imports none

536 Meal, Fish 487 561 419 500 500

106 Meal, Rapeseed 109 171 134 100 150

22,213 Meal, Soybean 24,074 20,980 20,730 23,250 23,250

4,167 Other 3,880 5,010 4,090 4,407 4,407

27,022 Total 28,550 26,722 25,373 28,257 28,307

none

Imports none

4,294 Oil, Palm 4,916 5,425 5,100 5,400 5,400

727 Oil, Rapeseed 296 454 441 500 500

991 Oil, Soybean 1,040 793 543 750 750

1,205 Oil, Sunflowerseed 1,184 1,030 936 800 900

1,765 Other 1,551 1,460 1,530 1,518 1,518

8,982 Total 8,987 9,162 8,550 8,968 9,068

none


885 Meal, Fish 823 817 750 800 800

9,100 Meal, Rapeseed 10,413 11,759 12,923 12,750 12,750

33,228 Meal, Soybean 35,169 31,579 30,138 33,256 33,256

7,233 Other 6,495 8,065 7,796 7,703 7,703

50,446 Total 52,900 52,220 51,607 54,509 54,509

none


4,218 Oil, Palm 4,717 5,039 5,024 5,388 5,388

7,198 Oil, Rapeseed 7,574 8,679 9,615 10,145 10,025

3,368 Oil, Soybean 3,377 2,779 2,400 2,666 2,666

3,323 Oil, Sunflowerseed 2,976 3,245 3,402 3,333 3,333

3,595 Other 3,619 3,475 3,498 3,593 3,593

21,702 Total 22,263 23,217 23,939 25,125 25,005

none


1,362 Oil, Palm 1,777 1,811 1,850 2,100 2,100

4,768 Oil, Rapeseed 4,919 5,931 6,810 7,460 7,370

1,563 Oil, Soybean 1,592 1,085 1,010 1,150 1,150


517 Other 552 460 444 483 483

8,380 Total 9,110 9,637 10,464 11,543 11,453

none


2,656 Oil, Palm 2,720 2,968 2,897 2,988 2,988

2,425 Oil, Rapeseed 2,650 2,743 2,800 2,680 2,650

1,675 Oil, Soybean 1,655 1,564 1,260 1,386 1,386

3,150 Oil, Sunflowerseed 2,704 2,893 3,050 2,980 2,980

3,042 Other 3,041 2,989 3,028 3,084 3,084

12,948 Total 12,770 13,157 13,035 13,118 13,088

none

SME none

1,279 Meal, Fish 1,189 1,181 1,084 1,156 1,156

6,475 Meal, Rapeseed 7,409 8,367 9,195 9,072 9,072

33,228 Meal, Soybean 35,169 31,579 30,138 33,256 33,256

5,447 Other 4,745 6,124 6,146 5,904 5,904

46,429 Total 48,512 47,250 46,562 49,387 49,387

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.

February 2011

Table 27: China Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

12,887 Oilseed, Peanut 13,027 14,286 14,708 14,600 15,100


15,967 Oilseed, Soybean 14,000 15,540 14,700 14,400 14,400

1,500 Oilseed, Sunflowerseed 1,250 1,790 1,630 1,680 1,680

13,910 Other 14,500 14,400 12,540 11,760 11,760

55,230 Total 53,350 58,116 57,235 55,240 55,740

none

Imports none

970 Meal, Fish 1,351 1,311 1,042 1,400 1,400

328 Meal, Rapeseed 302 260 993 500 500

32 Meal, Soybean 203 215 83 100 200

51 Other 101 24 40 13 13

1,381 Total 1,957 1,810 2,158 2,013 2,113

none

Imports none

5,139 Oil, Palm 5,223 6,118 5,760 6,250 6,250

11 Oil, Peanut 6 20 47 30 30

330 Oil, Rapeseed 277 453 785 600 600

2,404 Oil, Soybean 2,727 2,494 1,514 2,000 2,000


524 Other 523 563 726 750 750

8,502 Total 8,758 9,773 9,001 9,780 9,780

none


1,258 Meal, Fish 1,646 1,618 1,338 1,695 1,695

7,479 Meal, Rapeseed 7,069 8,317 10,022 9,592 9,612

27,630 Meal, Soybean 30,849 31,673 37,546 44,678 44,778

7,584 Other 7,694 7,952 7,515 7,278 7,362

43,951 Total 47,258 49,560 56,421 63,243 63,447

none


5,138 Oil, Palm 5,222 5,618 5,930 6,277 6,277

2,007 Oil, Peanut 2,016 2,184 2,227 2,204 2,270

4,343 Oil, Rapeseed 4,139 4,853 5,641 6,100 6,100

8,670 Oil, Soybean 9,693 9,486 10,435 12,198 12,198


2,072 Other 2,144 2,158 2,188 2,125 2,128

22,559 Total 23,343 24,738 26,853 29,324 29,393

none


3,188 Oil, Palm 3,222 3,568 3,880 4,117 4,117

2,007 Oil, Peanut 2,016 2,184 2,227 2,204 2,270

4,343 Oil, Rapeseed 4,139 4,853 5,641 6,100 6,100

8,670 Oil, Soybean 9,693 9,486 10,435 12,198 12,198


1,681 Other 1,775 1,707 1,750 1,625 1,628

20,218 Total 20,974 22,237 24,365 26,664 26,733

none

SME none

1,818 Meal, Fish 2,378 2,338 1,933 2,449 2,449

5,321 Meal, Rapeseed 5,030 5,918 7,131 6,825 6,839

27,630 Meal, Soybean 30,849 31,673 37,546 44,678 44,778

7,007 Other 7,100 7,382 7,029 6,827 6,919

41,776 Total 45,357 47,310 53,639 60,779 60,986


February 2011

Table 28: India Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jan

2010/11

Feb

2010/11

none

Production none

9,128 Oilseed, Cottonseed 10,400 9,600 9,800 11,000 11,000

5,385 Oilseed, Peanut 6,800 6,250 4,900 6,000 6,000


7,690 Oilseed, Soybean 9,470 9,100 9,000 9,600 9,600

1,280 Oilseed, Sunflowerseed 1,120 1,000 820 700 700

633 Other 713 749 749 749 749

29,916 Total 33,953 33,399 31,669 35,049 35,049

none

Imports none

0 Oil, Cottonseed 0 5 9 0 0

3,650 Oil, Palm 5,013 6,867 6,603 7,200 7,200

0 Oil, Peanut 0 0 0 0 0

0 Oil, Rapeseed 0 42 18 23 10

1,447 Oil, Soybean 733 1,060 1,598 1,300 1,300


140 Other 143 231 232 250 236

5,440 Total 5,907 8,788 9,071 9,293 9,266

none


3,084 Meal, Cottonseed 3,473 3,373 3,424 3,745 3,745

1,468 Meal, Peanut 1,843 1,777 1,415 1,695 1,695

2,700 Meal, Rapeseed 1,970 2,475 2,745 2,765 2,765

1,020 Meal, Soybean 1,450 1,950 2,490 2,795 2,795

558 Meal, Sunflowerseed 481 424 349 284 284

257 Other 274 306 321 322 322

9,087 Total 9,491 10,305 10,744 11,606 11,606

none


947 Oil, Cottonseed 1,054 1,038 1,060 1,141 1,141

3,671 Oil, Palm 5,063 6,275 6,753 7,750 7,750

1,433 Oil, Peanut 1,582 1,455 1,385 1,427 1,427

2,133 Oil, Rapeseed 1,967 2,095 2,247 2,287 2,274

2,500 Oil, Soybean 2,330 2,300 2,810 2,870 2,870


523 Other 574 660 684 694 681

11,807 Total 12,968 14,554 15,849 16,899 16,873

none


915 Oil, Cottonseed 1,021 1,000 1,021 1,100 1,100

3,275 Oil, Palm 4,583 5,750 6,170 7,125 7,125

1,420 Oil, Peanut 1,567 1,440 1,370 1,412 1,412

2,133 Oil, Rapeseed 1,967 2,095 2,247 2,287 2,274

2,500 Oil, Soybean 2,330 2,300 2,810 2,870 2,870


214 Other 248 330 342 344 334

11,057 Total 12,114 13,646 14,870 15,868 15,845

none

SME none

2,499 Meal, Cottonseed 2,814 2,733 2,774 3,035 3,035

1,650 Meal, Peanut 2,072 1,997 1,590 1,905 1,905

1,921 Meal, Rapeseed 1,402 1,761 1,953 1,967 1,967

1,020 Meal, Soybean 1,450 1,950 2,490 2,795 2,795

527 Meal, Sunflowerseed 454 400 330 268 268

115 Other 123 137 142 143 143

7,732 Total 8,315 8,979 9,280 10,113 10,113


February 2011

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

Oct - Sep Average99/00-08/09 247 254 265 263 304 451 1014 303 344 318 423

1999/00 173 175 183 180 208 544 820 168 214 190 3572000/01 167 169 180 175 200 582 888 167 219 202 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 1,204 461 364 393 487

2009/10 Oct 347 348 418 422 427 525 1,160 357 373 390 470 Nov 350 364 391 439 440 481 1,160 311 406 402 493 Dec 360 373 399 446 450 474 1,196 324 448 415 509 Jan 360 351 379 391 437 454 1,213 346 434 408 524 Feb 346 338 359 347 406 463 1,250 370 444 398 538 Mar 345 341 357 353 408 454 1,240 348 463 407 608 Apr 348 351 366 364 411 448 1,180 353 479 418 628 May 346 342 359 359 407 454 1,214 328 485 378 624 Jun 347 347 368 365 408 476 1,225 331 423 388 651 Jul 360 370 406 399 429 474 1,225 340 443 443 689 Aug 371 383 426 423 457 456 1,225 315 491 479 772 Sep 367 381 456 436 470 441 1,225 381 534 505 847 Average 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 408 452 486 492 526 472 1,495 421 693 583 1,013 Dec 430 472 501 513 547 498 1,520 467 689 656 1,154*Jan 463 499 529 544 572 507 1,580 507 716 693 1354 Feb Mar Apr May Jun Jul Aug Sep Average 419 459 497 504 535 487 1,498 464 683 618 1117

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 2/9/2011 8:53:45 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.

February 2011

Year Fish

Beg U.S. Brz Arg Hamb U.S. Rott Hamb

Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average

99/00-08/09 239 213 191 260 116 148 790

1999/00 185 182 159 180 83 102 407

2000/01 191 187 168 188 100 118 459

2001/02 180 174 157 174 95 110 592

2002/03 200 163 152 197 101 106 598

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

Oct 359 354 320 430 167 201 1,427

Nov 362 354 320 425 209 207 1,526

Dec 368 350 312 425 218 214 1,651

Jan 346 334 304 407 200 216 1,681

Feb 326 309 277 393 183 243 1,627

Mar 306 268 239 389 152 241 1,672

Apr 321 295 294 376 146 230 1,874

May 317 300 300 353 133 227 1,821

Jun 337 308 306 342 121 211 1,747

Jul 359 336 333 361 132 228 1,715

Aug 366 358 356 389 156 NA 1,629

Sep 350 363 365 406 182 NA 1,645

Average 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

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 382 397 403 434 228 279 1,618

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Rio Grande, Brazil FOB; Bulk Rate

45-46% 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%;

Oil World. 8/ Bremen (Hamburg prior to Mar 2006) 64-65% Protein; Oil World.

9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.

* Preliminary

293

2/9/2011 8:53:45 AM

284

289

289

310

227

247

277

221

200

203

228

196

197

217

240

231

184

298

188

195

139

178

131

129

265

271

261

Rapeseed

Hamb

9/

165

124

141

129

220

244

248

259

189

194

203

218

316

280

235

193

280

276

287

313

137

159

166

281

158

146

161

202

U.S.

5/

183

141

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

Soybean SunseedCottonseed

February 2011

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

99/00-08/09 573 560 557 631 723 895 734 1,178 1,101 493 700 640 648

1999/00 344 328 332 356 474 365 413 780 744 309 359 539 393

2000/01 311 295 295 336 352 350 428 768 685 235 372 323 299

2001/02 363 376 376 412 396 513 587 716 659 329 451 388 422

2002/03 486 489 491 534 832 731 592 1,034 1,139 421 588 449 621

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

Oct 731 802 825 897 836 1,151 846 1,129 1,148 663 896 706 829

Nov 807 853 831 931 897 1,168 921 1,146 1,116 703 928 729 840

Dec 812 857 816 935 913 1,146 986 1,151 1,192 766 944 768 882

Jan 769 845 852 923 860 1,146 969 1,301 1,316 774 916 784 889

Feb 765 840 790 914 863 1,146 948 1,312 1,380 778 893 798 828

Mar 802 820 793 915 879 1,130 949 1,295 1,380 809 897 921 846

Apr 818 817 809 903 854 1,138 924 1,402 1,360 811 909 940 849

May 781 820 790 865 824 1,157 910 1,491 1,353 798 864 932 849

Jun 760 808 773 859 882 1,229 889 1,494 1,342 787 880 993 858

Jul 773 856 827 907 936 1,182 937 1,495 1,300 801 946 1,031 866

Aug 828 915 899 1,002 963 1,185 1,074 1,508 1,334 915 1,013 1,170 914

Sep 864 940 941 1042 948 1,190 1,114 1,517 1,270 906 1,037 1,275 945

Average 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 1,155 1,334 1,454 1,692 1,753 1,196 1,396 1,715 1,206

*Jan 1,187 1,269 1,273 1,374 1,224 1,510 1,492 1,687 1,788 1,256 1,447 2,038 1,277

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 1086 1162 1167 1275 1135 1,367 1,418 1,652 1,650 1,139 1,312 1,669 1,144

1/ 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 FOB

Ex-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

2/9/2011 8:53:45 AM

Soybean Sunseed Peanut

February 2011

Record Early Sales of New Crop U.S. Soybeans Signal Robust ... · February 2011. Record Early Sales of New Crop U.S. Soybeans ... Although new crop U.S. soybeans are yet to be planted,

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