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November 1996
This report draws on information from USDA's global network of agricultural attaches and counselors, official statistics of foreign governments, other foreign source materials, and results of office analysis. Estimates of U.S. acreage, yield, and production are from the USDA's Agricultural Statistics Board, except where noted. This report is based on unrounded data; numbers may not add to totals because of rounding. This report reflects official USDA estimates released in the World Agricultural Supply and Demand Estimates(WASDE-320), November 12, 1996.
This report was prepared by the Oilseeds and Products Division, FAS. Room 5630. 14th and Independence Ave. Washington DC 20250. Further information may be obtained by writing to the division, by calling (202) 720-7037, or by FAX (202) 720-7670.
The next issue of the Oilseeds and Products circular will be available electronically after 3:30 PM EDT (local Time) on December 13, 1996.
Effective with this issue, we will be publishing this work in two phases. The "early release" will continue to be available after 3:30 on release day. The "full text" will be available several days later, and will include the early release material as well as additional analyses.
SUMMARY
U.S. oilseed production for 1996/97 is forecast at 75.2 million tons, up 1.7 million from last month and about 6 million from last year. Most of this month's gain is in soybeans, forecast at 65.4 million tons or 2,403 million bushels. Yields in many states are above earlier forecasts because of favorable late-season growing conditions.
U.S. soybean crush and exports for 1996/97 are raised this month, helped by larger U.S. availabilities and stronger export demand. Forecast imports by China are increased for both soybeans and soybean meal to 1.0 and 1.6 million tons, respectively. Forecast EU imports are increased slightly, but are still below the previous year's level. U.S. exports also will benefit from a reduction in Argentina's forecast soybean crop to 13.0 million tons from last month's 13.5 million tons.
U.S. season-average soybean prices are forecast at $6.15 to $6.85 per bushel, down 6 percent from last month. Soybean meal prices are lowered also, to a range of $210 to 225 per short ton. Soybean oil prices are lowered at 22.0 to 23.5 cents per pound.
Global oilseed production in 1996/97 is forecast at 257.3 million tons, essentially unchanged from last month. Larger U.S. oilseed crops offset a small drop in foreign production to 182.1 million tons. Key foreign declines are in Argentina's soybean crop, Pakistan's cottonseed production, and Russia's sunflowerseed crop. In Argentina, forecast 1996/97 soybean production was reduced 500,000 tons from the previous month's estimate due to a reduced yield estimate in November. Production is still expected to exceed last year's level by 360,000 tons due to increased plantings and somewhat larger yields compared to 1995/96. Cottonseed production in Pakistan is lowered 220,000 tons this month to 3.1 million tons on reports of increased insect damage associated with the current crop. Russia's sunflowerseed production estimate for 1996 was reduced an additional 400,000 tons this month to 3.0 million tons as early harvest statistics indicate a smaller than expected yield following this seasons hot, dry weather. However, increased sunflowerseed production expected in Argentina, up 500,000 tons to 5.0 million tons for 1996/97, more than offset this month's decline in Russia.
Soybeans
World soybean production in 1996/97 is forecast at 133.7 million tons, up slightly from last month's forecast. The U.S. soybean production forecast was raised 1.5 million tons in November reflecting higher yields. U.S. soybean yields are currently estimated at 2.55 tons per hectare for the 1996 crop. Argentina's soybean production forecast was lowered 500,000 tons this month due to a lower expected yield. Impacting Argentine yields is the expectation of a higher percentage of second crop soybeans following the larger wheat area planted this year.
The global soybean export forecast for 1996/97 was increased 245,000 tons this month to 32.7 million tons. World exports are projected 3 percent above the 1995/96 estimate and reflect strong demand and increased availabilities this year. Argentina's soybean export forecast for the coming year was reduced 300,000 tons reflecting the lower production forecast noted above. Continued strong demand for U.S. soybeans coupled with a boost in this season's production forecast led to a 545,000-ton increase in the U.S. soybean export forecast this month. Total U.S. exports for 1996/97 are forecast to reach 23.7 million tons.
World 1996/97 soybean imports are forecast to increase to 32.4 million tons reflecting a rise in demand for both China and Germany. China's soybean needs have prompted recent soybean purchases from the United States. Total U.S. soybean export commitments to China through November 7 total 848,800 tons compared to 80,000 tons at this time last year. Germany's tighter domestic rapeseed supply situation is expected to result in an increase in soybean imports in 1996/97 to 2.9 million tons.
Forecast global soybean crush is projected to increase to 113.0 million tons reflecting increases in the United States, China, and Germany. Crush in China and Germany were increased this month due to the increase in forecast imports while in the United States, soybean crush was increased in conjunction with the increase in forecast production this season. Total soybean crush in the United States is expected to reach 37.8 million tons, up 409,000 tons from the October estimate and 1.5 percent from 1995/96. World soybean ending stocks in 1996/97 are forecast higher at 18.0 million tons reflecting increased supplies in the United States.
The world soybean meal production forecast was increased 597,000 tons to 89.7 million tons in response to the projected increase in soybean crush noted above. The meal production forecast is 0.7 percent ahead of the October forecast and reflects increases in the United States, up 346,000 tons to 30.0 million tons, Germany, up 189,000 tons to 2.3 million tons, and China, up 81,000 tons to 6.2 million tons.
Global 1996/97 soybean meal exports are forecast at 32.6 million tons, unchanged from last month's level due to offsetting adjustments between the United States and China. The U.S. soybean meal export forecast was raised mirroring larger supplies and continued strong foreign demand. However, this increase was offset by a 200,000-ton reduction in China's soybean meal export estimate for both 1995/96 and 1996/97. The global 1996/97 soybean meal import forecast was increased this month to 32.4 million tons with much of the increase attributed to China.
Since 1994/95, China has clearly shifted from being a net soybean meal exporter to an importer as domestic demand for protein meal climbs. Official Chinese trade statistics show soybean meal exports in 1995/96 declining 92 percent to 100,000 tons from 1.3 million tons in 1994/95. China's soybean meal exports are expected to remain unchanged at 100,000 tons in 1996/97. On the import side, China's imports of soybean meal have climbed from 50,000 tons in 1994/95 to 929,000 tons in 1995/96. Imports in 1996/97 are forecast even higher with a 200,000-ton increase in this month's estimate to bring projected imports to 1.6 million tons.
Total domestic demand for soybean meal in China is expected to climb to 7.7 million tons in 1996/97, an increase of 871,000 tons from a year earlier and 32 percent over 1994/95 levels. This increase has helped boost projected total world soybean meal consumption to 89.7 million tons in 1996/97. In addition to the nearly 500,000-ton increase in China this month, consumption forecasts were also increased for Germany and the United States. World soybean meal ending stocks are forecast at 3.9 million tons in 1996/97.
World soybean oil production for 1996/97 was increased to 20.4 million tons. Most of the increase occurred in the United States where an increase in forecast crush for 1996/97 resulted in a 77,000-ton increase in projected soybean oil production to 7.1 million tons.. The world soybean oil export forecast was increased slightly to 5.7 million tons reflecting an increase in forecast soybean oil exports by the United States at 794,000 tons. Global 1996/97 soybean oil imports were essentially unchanged at 5.5 million tons.
Forecast world soybean oil consumption for 1996/97 was increased to 20.2 million tons. An increase in expected consumption in the United States, up 44,000 tons to 6.2 million tons, accounted for much of the increase this month. Global 1996/97 soybean oil ending stocks are forecast at 2.3 million tons, nearly unchanged from last month while remaining 1.4 percent below the estimated 1995/96 ending stock level.
Other Oilseeds
Forecast world 1996/97 oilseed production, excluding soybeans, was unchanged in November at 123.6 million tons. A 304,000-ton decline in forecast cottonseed production to 33.4 million tons was offset by increased sunflowerseed, rapeseed, palm kernel, and peanut production forecasts. The decline in forecast world cottonseed production was due to reduced production estimates for Pakistan, Turkmenistan, Uzbekistan, Brazil, and Turkey. Partially offsetting these declines were increase in production forecasts for the United States, India, and Australia. The world sunflowerseed production forecast was increased 108,000 tons to 23.8 million tons as an increase in forecast sunflowerseed production in Argentina exceeded a drop in expected production in Russia this month. Other increases in November include a higher palm kernel forecast for Malaysia, up 50,000 tons to 2.7 million tons, an increase in expected peanut production in the United States, up 40,000 tons to 1.6 million tons, and an increase in Australia's rapeseed production forecast for 1996/97 to 580,000 tons.
World oilseed exports, excluding soybeans, are forecast to reach 10.7 million tons in 1996/97. Exports are up 791,000 tons from the October forecast due in part to increases in intra-FSU trade in sunflowerseed and cottonseed. An increase in the world rapeseed export forecast comes in response to slower than expected crushing activity in Canada and strong import demand for seed, particularly in Poland and Germany.
Forecast 1996/97 world oilseed crush, excluding soybeans, increased 428,000 tons in November to 100.5 million tons. Increases primarily in sunflowerseed crush, as well as small increases in forecast rapeseed and palm kernel crush this month, more than offset a decline in cottonseed crush resulting from reduced cottonseed availabilities. The world oilseed ending stocks forecast, excluding soybeans, was increased 226,000 tons this month to 3.4 million tons. Increases in cottonseed, sunflowerseed, and rapeseed ending stock forecasts accounted for most of the change this month.
Forecast world protein meal production for 1996/97, excluding soybean meal, was increased 307,000 tons in November to 55.6 million tons in response to increased sunflowerseed crush, primarily in the Ukraine. The Ukraine's sunflowerseed meal production forecast was increased 317,000 tons reflecting a larger crush volume fed by increased seed imports. In contrast, sunflowerseed meal production in Russia was reduced 102,000 tons as reduced sunflowerseed production, coupled with an increase in exports, reduced supplies available for crush. The increase in sunflowerseed meal production was partially offset by a decline in cottonseed meal production which reflects lower cottonseed production forecasts for Pakistan, Turkmenistan, and Brazil. Forecast world protein meal exports, excluding soybeans, were increased 56,000 tons in November to 15.5 million tons in response to increased intra-FSU trade in sunflowerseed meal and a larger cottonseed meal export forecast for China this month. Canada's rapeseed meal export forecast was reduced 50,000 tons this month in response to reduced crush. Forecast world protein meal consumption, excluding soybeans, was increased 260,000 tons to 55.6 million tons and follows directly from changes in meal production noted above. Ending stocks, excluding soybeans, remained nearly unchanged in November at 2.2 million tons.
Forecast world vegetable and marine oil production, excluding soybean oil, was increased 527,000 tons in November to 51.8 million tons reflecting increases in palm and sunflowerseed oil production. Forecast cottonseed oil production was reduced 64,000 tons to 3.8 million tons this month in response to reduced crush expected in Pakistan, Brazil, and the FSU. Malaysia's palm oil production was increased 200,000 tons reflecting improved growing conditions. In both sunflowerseed and cottonseed oil production, changes reflect adjustments in crush noted earlier.
Forecast world vegetable and marine oil exports, excluding soybean oil, were reduced 27,000 tons to 20.6 million tons this month. Lower export forecasts for sunflowerseed and rapeseed oil contributed to the lower export forecast. Malaysia's palm oil export forecast was increased 100,000 tons this month in response to increased supplies. This change, along with a 48,000-ton increase in the cottonseed oil export forecast, offset lower rapeseed and sunflowerseed oil exports. Canada's rapeseed oil export forecast was reduced 60,000 tons to 560,000 tons this month reflecting a lower oil production estimate resulting from this month's reduction in its rapeseed crush forecast. Sunflowerseed oil exports for Russia were also reduced this month reflecting the lowering of the sunflowerseed crush forecast.
With an increase in forecast world sunflowerseed and palm oil output, forecast global consumption of vegetable and marine oils, excluding soybean oil, was also increased. World consumption is forecast at 51.8 million tons, up 297,000 tons in November. Only world cottonseed oil consumption registered any significant decline this month, down 89,000 tons to 3.8 million tons due to reductions in cottonseed production and crush forecasts. The world ending stocks forecast was also increased this month to 4.2 million tons, due primarily to a 329,000-ton increase in forecast sunflowerseed ending stocks.
TABLE 1.
MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 117.34 117.75 137.77 124.33 132.71 133.73
COTTONSEED 31.59 29.48 32.89 35.21 33.74 33.44
PEANUT 23.08 24.00 26.28 25.93 26.37 26.41
SUNFLOWERSEED 21.28 20.74 23.37 25.78 23.72 23.83
RAPESEED 25.31 26.71 30.29 34.54 29.69 29.78
COPRA 4.92 4.97 5.47 5.01 5.14 5.14
PALM KERNEL 4.00 4.25 4.54 4.77 4.96 5.01
TOTAL 227.52 227.89 260.60 255.56 256.33 257.33
EXPORTS
SOYBEAN 29.81 28.16 32.33 31.83 32.43 32.67
COTTONSEED 0.91 0.91 1.04 0.92 0.71 0.87
PEANUT 1.34 1.43 1.53 1.55 1.47 1.47
SUNFLOWERSEED 1.87 2.57 3.19 3.56 2.74 3.27
RAPESEED 4.02 5.28 5.91 5.48 4.71 4.81
COPRA 0.23 0.24 0.21 0.20 0.21 0.21
PALM KERNEL 0.06 0.07 0.06 0.06 0.06 0.06
TOTAL 38.23 38.65 44.27 43.59 42.32 43.36
IMPORTS
SOYBEAN 30.42 28.37 32.79 32.27 32.15 32.43
COTTONSEED 0.91 0.89 1.02 0.90 0.65 0.83
PEANUT 1.32 1.44 1.52 1.50 1.52 1.52
SUNFLOWERSEED 1.97 2.51 3.14 3.48 2.59 3.18
RAPESEED 4.01 5.20 5.92 5.48 4.72 4.82
COPRA 0.25 0.26 0.24 0.23 0.25 0.25
PALM KERNEL 0.08 0.04 0.05 0.05 0.05 0.05
TOTAL 38.96 38.69 44.67 43.91 41.93 43.08
CRUSH
SOYBEAN 96.75 102.06 109.87 111.62 112.34 113.04
COTTONSEED 24.96 22.98 25.20 27.53 26.17 25.73
PEANUT 12.53 12.83 14.41 14.09 14.54 14.56
SUNFLOWERSEED 18.63 17.95 20.55 22.38 21.20 21.94
RAPESEED 22.78 24.32 27.12 30.34 28.10 28.16
COPRA 4.90 4.95 5.50 5.01 5.15 5.15
PALM KERNEL 3.90 4.26 4.49 4.75 4.91 4.96
TOTAL 184.44 189.36 207.15 215.73 212.41 213.53
ENDING STOCKS
SOYBEAN 20.21 17.23 23.48 17.16 17.78 17.99
COTTONSEED 0.46 0.53 0.68 0.77 0.65 0.74
PEANUT 0.81 0.60 0.67 0.48 0.46 0.49
SUNFLOWERSEED 0.60 0.76 0.92 1.73 1.03 1.10
RAPESEED 1.14 0.80 0.97 1.98 0.83 0.88
COPRA 0.12 0.11 0.07 0.06 0.05 0.05
PALM KERNEL 0.19 0.12 0.13 0.10 0.11 0.11
TOTAL 23.53 20.15 26.92 22.28 20.92 21.36
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: NOVEMBER 1996
TABLE 2.
MAJOR PROTEIN MEALS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 76.38 81.20 87.17 88.58 89.14 89.74
COTTONSEED 11.46 10.67 11.75 12.74 12.06 11.90
RAPESEED 14.00 14.81 16.48 18.41 17.15 17.14
SUNFLOWERSEED 8.55 8.33 9.45 10.00 9.41 9.89
FISH 5.90 6.35 7.14 6.77 6.33 6.33
PEANUT 5.11 5.24 5.88 5.73 5.92 5.93
COPRA 1.64 1.68 1.88 1.71 1.78 1.78
PALM KERNEL 2.04 2.26 2.39 2.50 2.61 2.61
TOTAL 125.08 130.53 142.13 146.43 144.41 145.32
EXPORTS
SOYBEAN 27.55 29.95 31.15 32.26 32.58 32.65
COTTONSEED 1.46 1.13 1.10 1.13 1.10 1.15
RAPESEED 3.21 3.36 3.91 4.14 3.84 3.79
SUNFLOWERSEED 1.80 2.14 2.80 2.63 2.45 2.50
FISH 3.47 4.15 4.66 4.36 4.02 4.02
PEANUT 0.65 0.85 0.80 0.81 0.77 0.77
COPRA 1.04 1.01 1.27 1.09 1.05 1.05
PALM KERNEL 1.81 1.90 2.05 2.11 2.17 2.18
TOTAL 41.00 44.48 47.73 48.53 47.98 48.11
IMPORTS
SOYBEAN 27.90 29.36 31.34 32.13 32.25 32.37
COTTONSEED 1.43 1.12 1.06 1.10 1.08 1.12
RAPESEED 3.31 3.43 3.79 4.02 3.80 3.79
SUNFLOWERSEED 1.83 2.14 2.70 2.57 2.42 2.43
FISH 3.70 4.05 4.60 4.26 3.92 3.92
PEANUT 0.68 0.78 0.73 0.77 0.78 0.78
COPRA 1.04 1.01 1.16 0.97 1.01 1.01
PALM KERNEL 1.78 1.83 1.92 2.05 2.14 2.14
TOTAL 41.67 43.71 47.29 47.87 47.40 47.56
CONSUMPTION
SOYBEAN 76.08 80.70 86.73 88.64 89.00 89.67
COTTONSEED 11.40 10.68 11.72 12.70 12.05 11.87
RAPESEED 14.08 14.89 16.22 18.21 17.32 17.35
SUNFLOWERSEED 8.57 8.36 9.21 9.84 9.42 9.82
FISH 5.95 6.27 6.72 6.70 6.41 6.41
PEANUT 5.13 5.18 5.85 5.68 5.91 5.92
COPRA 1.65 1.63 1.82 1.65 1.72 1.72
PALM KERNEL 2.10 2.17 2.25 2.44 2.56 2.56
TOTAL 124.96 129.89 140.52 145.86 144.39 145.32
ENDING STOCKS
SOYBEAN 3.80 3.71 4.33 4.16 3.94 3.94
COTTONSEED 0.17 0.15 0.15 0.15 0.15 0.15
RAPESEED 0.48 0.48 0.62 0.69 0.49 0.49
SUNFLOWERSEED 0.26 0.24 0.37 0.46 0.45 0.46
FISH 0.63 0.60 0.96 0.93 0.74 0.74
PEANUT 0.08 0.07 0.03 0.04 0.06 0.06
COPRA 0.12 0.16 0.11 0.06 0.07 0.07
PALM KERNEL 0.24 0.25 0.25 0.25 0.27 0.27
TOTAL 5.77 5.65 6.82 6.73 6.17 6.18
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: NOVEMBER 1996
TABLE 3.
MAJOR VEGETABLE AND MARINE OILS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 17.20 18.25 19.70 20.08 20.30 20.39
PALM 13.01 13.69 14.75 15.64 16.17 16.37
SUNFLOWERSEED 7.35 7.06 8.15 8.85 8.30 8.65
RAPESEED 8.39 9.03 10.07 11.17 10.37 10.38
COTTONSEED 3.67 3.38 3.72 3.99 3.84 3.78
PEANUT 3.60 3.63 4.03 3.96 4.08 4.08
COCONUT 3.10 3.09 3.44 3.17 3.25 3.25
OLIVE 1.78 1.73 1.67 1.46 1.80 1.80
FISH 1.19 1.24 1.52 1.44 1.25 1.25
PALM KERNEL 1.74 1.88 1.99 2.10 2.17 2.19
TOTAL 61.00 62.96 69.04 71.85 71.53 72.14
EXPORTS
SOYBEAN 4.21 4.85 6.06 5.29 5.66 5.68
PALM 1/ 8.60 9.86 9.66 9.98 10.44 10.54
SUNFLOWERSEED 2.15 2.33 3.38 3.29 3.14 3.02
RAPESEED 1.63 2.23 2.55 2.33 2.15 2.09
COTTONSEED 0.50 0.50 0.59 0.53 0.49 0.54
PEANUT 0.23 0.29 0.27 0.36 0.27 0.28
COCONUT 1.70 1.50 1.83 1.60 1.64 1.64
OLIVE 0.58 0.72 0.79 0.58 0.79 0.79
FISH 0.71 0.79 1.06 1.01 0.86 0.86
PALM KERNEL 0.92 0.93 0.84 0.85 0.81 0.81
TOTAL 21.22 23.99 27.04 25.81 26.26 26.25
IMPORTS
SOYBEAN 3.90 4.73 6.10 5.24 5.50 5.51
PALM 1/ 8.28 9.92 9.84 9.69 10.50 10.54
SUNFLOWERSEED 2.13 2.37 3.32 3.27 3.19 3.04
RAPESEED 1.72 2.21 2.76 2.27 2.18 2.11
COTTONSEED 0.45 0.46 0.54 0.51 0.49 0.51
PEANUT 0.30 0.30 0.29 0.30 0.29 0.29
COCONUT 1.39 1.39 1.77 1.54 1.61 1.61
OLIVE 0.70 0.77 0.74 0.59 0.78 0.78
FISH 0.62 0.77 0.94 0.90 0.85 0.85
PALM KERNEL 0.94 0.94 0.81 0.73 0.78 0.78
TOTAL 20.42 23.85 27.11 25.05 26.18 26.03
CONSUMPTION
SOYBEAN 17.22 18.41 19.45 19.79 20.19 20.25
PALM 12.39 14.21 14.84 15.09 16.23 16.38
SUNFLOWERSEED 7.52 7.20 8.01 8.60 8.43 8.65
RAPESEED 8.55 9.01 10.42 11.00 10.46 10.46
COTTONSEED 3.65 3.32 3.67 3.97 3.84 3.75
PEANUT 3.69 3.65 4.05 3.89 4.12 4.12
COCONUT 2.82 2.92 3.42 3.25 3.23 3.22
OLIVE 1.87 1.87 1.84 1.64 1.78 1.78
FISH 1.13 1.19 1.36 1.32 1.28 1.28
PALM KERNEL 1.77 1.95 1.94 2.00 2.14 2.16
TOTAL 60.59 63.72 69.01 70.54 71.68 72.03
ENDING STOCKS
SOYBEAN 2.05 1.77 2.05 2.31 2.27 2.28
PALM 1.72 1.25 1.35 1.60 1.60 1.60
SUNFLOWERSEED 0.81 0.71 0.80 1.03 0.71 1.04
RAPESEED 0.42 0.43 0.30 0.41 0.34 0.34
COTTONSEED 0.10 0.11 0.11 0.11 0.11 0.11
PEANUT 0.06 0.04 0.04 0.05 0.03 0.03
COCONUT 0.25 0.31 0.27 0.14 0.16 0.14
OLIVE 1.00 0.91 0.68 0.50 0.52 0.52
FISH 0.23 0.27 0.30 0.31 0.28 0.28
PALM KERNEL 0.21 0.15 0.17 0.14 0.16 0.15
TOTAL 6.85 5.95 6.06 6.60 6.17 6.48
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
1/ PALM OIL TRADE EXCLUDES TRANSSHIPMENTS THROUGH SINGAPORE
DATE: NOVEMBER 1996
TABLE 4
MAJOR OILSEEDS, PROTEIN MEALS, FATS AND OILS:
WORLD PRODUCTION 1/
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
WORLD OILSEEDS:
SOYBEAN 117.34 117.75 137.77 124.33 132.71 133.73
COTTONSEED 31.59 29.48 32.89 35.21 33.74 33.44
PEANUT 23.08 24.00 26.28 25.93 26.37 26.41
SUNFLOWERSEED 21.28 20.74 23.37 25.78 23.72 23.83
RAPESEED 25.31 26.71 30.29 34.54 29.69 29.78
COPRA 4.92 4.97 5.47 5.01 5.14 5.14
PALM KERNEL 4.00 4.25 4.54 4.77 4.96 5.01
TOTAL 227.52 227.89 260.60 255.56 256.33 257.33
PROTEIN MEALS:
SOYBEAN 76.38 81.20 87.17 88.58 89.14 89.74
COTTONSEED 11.46 10.67 11.75 12.74 12.06 11.90
PEANUT 5.11 5.24 5.88 5.73 5.92 5.93
SUNFLOWERSEED 8.55 8.33 9.45 10.00 9.41 9.89
RAPESEED 14.00 14.81 16.48 18.41 17.15 17.14
COPRA 1.64 1.68 1.88 1.71 1.78 1.78
PALM KERNEL 2.04 2.26 2.39 2.50 2.61 2.61
FISH 5.90 6.35 7.14 6.77 6.33 6.33
TOTAL 125.08 130.53 142.13 146.43 144.41 145.32
44% PROTEIN MEAL EQUIVALENT 2/:
SOYBEAN 76.38 81.20 87.17 88.58 89.14 89.74
COTTONSEED 9.29 8.64 9.52 10.32 9.78 9.64
PEANUT 5.74 5.89 6.61 6.44 6.66 6.66
SUNFLOWERSEED 8.07 7.87 8.92 9.44 8.89 9.33
RAPESEED 9.96 10.54 11.72 13.10 12.21 12.20
COPRA 0.74 0.76 0.85 0.77 0.80 0.80
PALM KERNEL 0.73 0.80 0.85 0.89 0.93 0.93
FISH 8.53 9.17 10.32 9.78 9.15 9.15
TOTAL 119.44 124.87 135.96 139.32 137.54 138.45
FATS & OILS
EDIBLE VEGETABLE:
SOYBEAN 17.20 18.25 19.70 20.08 20.30 20.39
COTTONSEED 3.67 3.38 3.72 3.99 3.84 3.78
PEANUT 3.60 3.63 4.03 3.96 4.08 4.08
SUNFLOWERSEED 7.35 7.06 8.15 8.85 8.30 8.65
RAPESEED 8.39 9.03 10.07 11.17 10.37 10.38
OLIVE 1.78 1.73 1.67 1.46 1.80 1.80
COCONUT 3.10 3.09 3.44 3.17 3.25 3.25
PALM KERNEL 1.74 1.88 1.99 2.10 2.17 2.19
PALM 13.01 13.69 14.75 15.64 16.17 16.37
TOTAL 59.82 61.72 67.52 70.41 70.27 70.89
MARINE OILS:
FISH 1.19 1.24 1.52 1.44 1.25 1.25
TOTAL 1.19 1.24 1.52 1.44 1.25 1.25
ANIMAL FATS:
BUTTER
(FAT CONTENT) 3/ 4.39 4.25 4.26 4.30 4.30 4.30
TALLOW & GREASE 7.51 7.57 7.72 8.00 8.00 8.00
TOTAL 11.91 11.82 11.98 12.29 12.29 12.29
TOTAL
(FATS & OILS) 72.91 74.78 81.03 84.14 83.82 84.43
1/ SPLIT YEARS INCLUDE NORTH. HEMISPHERE CROPS HARVESTED IN THE
LATE MONTHS OF THE FIRST YEAR SHOWN COMBINED WITH SOUTHERN
HEMISPHERE AND CERTAIN NORTHERN HEMISPHERE CROPS HARVESTED
IN THE EARLY MONTHS OF THE FOLLOWING YEAR. SOYBEANS,SOYBEAN
MEAL, AND SOYBEAN OIL FOR ARGENTINA AND BRAZIL HAVE BEEN
CONVERTED TO OCT-SEP BASIS. ANIMAL, MARINE AND PALM PRODUCTS
ARE GENERALLY CALENDAR YEAR ESTIMATES FOR THE 2ND YEAR SHOWN
2/ PROTEIN MEAL EQUIV IS CALC ON THE BASIS OF STD PROTEIN CONTENT
3/ BUTTER PROD CONVERTED TO FAT-CONTENT BASIS USING AN 80% FACTOR
DATE: NOVEMBER 1996
TABLE 5.
MAJOR OILSEEDS: 1/
AREA AND PRODUCTION BY MAIN PRODUCERS
AVG 90/91-94/95 PRELIM 1995/96 FORCST 1996/97
AREA 2/ PROD 4/ AREA 2/ PROD 4/ AREA 2/ PROD 4/
SOYBEAN
UNITED STATES 23.55 57.10 24.94 59.24 25.67 65.39
BRAZIL 10.64 21.63 11.00 23.20 12.20 26.00
CHINA 8.10 12.46 8.13 13.50 8.00 13.30
ARGENTINA 5.11 11.81 5.98 12.64 6.00 13.00
EUROPEAN UNION 5/ 0.46 1.35 0.29 0.94 0.33 1.09
PARAGUAY 0.98 1.67 1.10 2.30 1.20 2.50
OTHER 8.89 10.84 10.07 12.50 10.18 12.45
TOTAL 57.72 116.87 61.51 124.33 63.58 133.73
COTTONSEED
CHINA 5.90 7.87 5.42 8.44 4.60 6.58
UNITED STATES 5.01 6.00 6.48 6.21 5.25 6.47
FSU-12 2.93 3.98 2.57 3.30 2.54 3.16
INDIA 7.60 4.22 8.65 5.23 8.50 5.20
PAKISTAN 2.76 3.23 3.05 3.57 3.20 3.09
BRAZIL 1.48 0.96 1.13 0.66 0.88 0.59
OTHER 6.90 6.52 8.03 7.80 8.29 8.35
TOTAL 32.58 32.78 35.33 35.21 33.26 33.44
PEANUT
INDIA 8.33 7.90 7.80 7.40 8.20 8.20
CHINA 3.19 7.34 3.81 10.20 3.80 9.80
UNITED STATES 0.71 1.86 0.61 1.57 0.57 1.59
SENEGAL 0.88 0.68 0.89 0.81 0.90 0.85
SUDAN 0.54 0.38 0.55 0.40 0.55 0.40
BRAZIL 0.09 0.15 0.09 0.15 0.09 0.15
ARGENTINA 0.16 0.35 0.20 0.35 0.20 0.36
SOUTH AFRICA 0.13 0.14 0.14 0.20 0.14 0.20
OTHER 5.44 4.74 5.41 4.85 5.42 4.87
TOTAL 19.48 23.53 19.49 25.93 19.86 26.41
SUNFLOWERSEED
FSU-12 4.88 5.49 6.56 7.38 6.37 5.31
ARGENTINA 2.45 4.17 3.20 5.60 2.70 5.00
EASTERN EUROPE 1.54 2.33 1.93 2.72 2.10 3.16
UNITED STATES 1.01 1.44 1.36 1.82 1.09 1.53
CHINA 0.77 1.38 0.81 1.27 0.80 1.36
EUROPEAN UNION 5/ 2.68 4.00 2.38 3.23 2.33 3.82
OTHER 4.29 3.20 4.45 3.75 4.41 3.65
TOTAL 17.63 22.01 20.70 25.78 19.81 23.83
RAPESEED
CHINA 5.74 7.30 6.89 9.74 6.80 9.00
EUROPEAN UNION 5/ 2.58 6.96 2.84 8.30 2.59 6.88
CANADA 3.71 4.82 5.27 6.44 3.70 5.00
INDIA 6.23 5.45 6.40 6.20 6.30 6.00
EASTERN EUROPE 0.66 1.41 0.97 2.24 0.68 1.28
OTHER 1.33 1.22 1.74 1.63 1.66 1.62
TOTAL 20.25 27.14 24.12 34.54 21.73 29.78
TOTAL OILSEEDS 147.66 222.33 161.15 245.78 158.24 247.19
1/ SPLIT YEAR INCLUDES NORTHERN HEMISPHERE CROPS HARVESTED IN
THE FIRST YEAR SHOWN COMBINED WITH SOUTHERN HEMISPHERE AND
CERTAIN NORTHERN HEMISPHERE CROPS HARVESTED IN THE EARLY
MONTHS OF THE FOLLOWING YEAR.
2/ IN MILLION HECTARES
4/ IN MILLION METRIC TONS.
5/ INCLUDES THE STATISTICS FROM THE FORMER GER. DEM. REP.
DATE: NOVEMBER 1996
TABLE 6
SOYBEANS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 59.61 50.92 68.49 59.24 63.85 65.39
BRAZIL 22.50 24.70 25.90 23.20 26.00 26.00
ARGENTINA 11.35 12.40 12.65 12.64 13.50 13.00
CHINA 10.30 15.31 16.00 13.50 13.30 13.30
EUROPEAN UNION 1.27 0.81 1.03 0.94 1.09 1.09
PARAGUAY 1.75 1.80 2.20 2.30 2.50 2.50
OTHER 10.55 11.81 11.49 12.50 12.46 12.45
TOTAL 117.34 117.75 137.77 124.33 132.71 133.73
EXPORTS
UNITED STATES 20.94 16.03 22.81 23.17 23.13 23.68
BRAZIL 4.06 5.43 3.57 3.20 3.50 3.50
ARGENTINA 2.42 3.07 2.50 2.20 2.60 2.30
PARAGUAY 1.25 1.20 1.45 1.50 1.55 1.55
CHINA 0.30 1.10 0.60 0.30 0.25 0.25
OTHER 0.84 1.33 1.40 1.46 1.40 1.40
TOTAL 29.81 28.16 32.33 31.83 32.43 32.67
IMPORTS
EUROPEAN UNION 15.17 13.11 16.05 14.26 13.68 13.88
GERMANY 3.31 2.79 2.96 2.85 2.70 2.90
NETHERLANDS 4.26 4.14 4.62 4.37 4.20 4.20
SPAIN 2.48 1.72 2.85 2.40 2.35 2.35
ITALY 1.33 1.17 1.30 1.16 1.07 1.07
BEL-LUX 1.31 1.22 1.37 1.21 1.17 1.17
PORTUGAL 0.56 0.53 0.95 0.65 0.60 0.60
OTHER W EUROPE 0.10 0.29 0.40 0.38 0.38 0.38
EASTERN EUROPE 0.30 0.28 0.27 0.30 0.33 0.33
FSU-12 0.23 0.10 0.06 0.07 0.06 0.06
RUSSIA 0.17 0.07 0.04 0.05 0.04 0.04
UKRAINE 0.06 0.03 0.02 0.02 0.02 0.02
CHINA 0.15 0.13 0.15 0.79 0.90 1.00
JAPAN 4.87 4.86 4.84 4.80 4.86 4.86
KOREA, REP OF 1.13 1.16 1.38 1.40 1.40 1.40
TAIWAN 2.51 2.50 2.60 2.55 2.50 2.50
INDONESIA 0.53 0.71 0.62 0.70 0.60 0.60
MEXICO 2.14 2.20 1.87 2.65 2.55 2.55
BRAZIL 0.38 0.11 1.20 0.60 0.90 0.90
OTHER 2.93 2.94 3.35 3.76 3.99 3.97
TOTAL 30.42 28.37 32.79 32.27 32.15 32.43
CRUSH
UNITED STATES 34.81 34.72 38.24 37.28 37.42 37.83
LATIN AMERICA 28.44 31.90 33.49 36.21 37.09 37.09
BRAZIL 15.55 18.44 20.19 21.00 21.20 21.20
ARGENTINA 8.49 8.77 8.69 10.10 10.40 10.40
MEXICO 2.67 2.64 2.33 2.65 2.77 2.77
EUROPEAN UNION 14.09 12.24 14.43 13.51 13.00 13.20
OTHER W EUROPE 0.10 0.28 0.39 0.38 0.38 0.38
FSU-12 0.58 0.53 0.39 0.32 0.44 0.43
EASTERN EUROPE 0.53 0.42 0.45 0.49 0.56 0.56
ASIA 15.85 19.56 19.60 20.39 20.27 20.37
JAPAN 3.79 3.70 3.76 3.70 3.75 3.75
CHINA 4.49 7.61 8.03 7.45 7.60 7.70
TAIWAN 2.32 2.24 2.34 2.25 2.23 2.23
OTHER 2.36 2.42 2.88 3.04 3.19 3.19
TOTAL 96.75 102.06 109.87 111.62 112.34 113.04
ENDING STOCKS
UNITED STATES 7.96 5.69 9.11 4.99 5.31 5.72
BRAZIL 6.07 5.31 6.95 5.02 5.50 5.50
ARGENTINA 3.71 3.80 4.77 4.63 4.73 4.53
OTHER 2.49 2.43 2.65 2.52 2.25 2.25
TOTAL 20.21 17.23 23.48 17.16 17.78 17.99
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: NOVEMBER 1996
TABLE 7
SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1995/96 1996/97
PRODUCTION
UNITED STATES 27.55 27.68 30.18 29.50 29.65 30.00
LATIN AMERICA 22.46 25.23 26.55 28.74 29.43 29.43
BRAZIL 12.17 14.50 15.87 16.51 16.66 16.66
ARGENTINA 6.86 7.08 7.02 8.16 8.40 8.40
MEXICO 2.08 2.06 1.86 2.12 2.21 2.21
EUROPEAN UNION 10.98 9.85 11.52 10.80 10.40 10.57
OTHER W EUROPE 0.08 0.22 0.30 0.29 0.29 0.29
EASTERN EUROPE 0.42 0.33 0.36 0.39 0.44 0.44
FSU-12 0.47 0.43 0.48 0.25 0.33 0.34
ASIA 12.56 15.55 15.52 16.23 16.09 16.17
JAPAN 2.94 2.85 2.88 2.87 2.87 2.87
CHINA 3.63 6.16 6.51 6.04 6.16 6.24
TAIWAN 1.78 1.75 1.80 1.76 1.74 1.74
INDIA 2.25 2.88 2.20 3.20 3.00 3.00
OTHER 1.87 1.91 2.27 2.39 2.51 2.51
TOTAL 76.38 81.20 87.17 88.58 89.14 89.74
EXPORTS
UNITED STATES 5.65 4.86 6.09 5.41 5.44 5.72
BRAZIL 8.17 10.31 10.68 11.39 11.40 11.40
ARGENTINA 6.54 6.76 6.73 8.00 8.20 8.20
EUROPEAN UNION 4.04 3.85 3.67 3.57 3.44 3.44
CHINA 0.40 1.05 1.28 0.10 0.30 0.10
INDIA 2.01 2.20 1.58 2.50 2.30 2.30
OTHER 0.74 0.92 1.13 1.29 1.50 1.50
TOTAL 27.55 29.95 31.15 32.26 32.58 32.65
IMPORTS
EUROPEAN UNION 15.49 16.47 16.80 16.32 16.17 16.12
FRANCE 3.50 3.80 3.79 3.50 3.40 3.40
GERMANY 2.22 2.12 1.99 1.90 1.80 1.75
NETHERLANDS 1.40 1.37 1.78 1.70 1.70 1.70
ITALY 1.62 1.75 1.90 1.90 1.90 1.90
OTHER W EUROPE 0.09 0.06 0.05 0.06 0.05 0.05
EASTERN EUROPE 1.57 1.61 2.00 1.92 1.88 1.88
FSU-12 1.45 0.57 0.52 0.35 0.37 0.35
RUSSIA 1.10 0.20 0.21 0.10 0.00 0.10
UKRAINE 0.30 0.25 0.23 0.25 0.25 0.25
ASIA & OCEANIA 4.16 4.58 5.29 6.31 6.93 7.13
MID-EAST/N AFR 2.19 2.70 3.04 3.31 3.16 3.16
LATIN AMERICA 1.96 2.28 2.38 2.57 2.58 2.58
OTHER 1.01 1.10 1.26 1.29 1.12 1.11
TOTAL 27.90 29.36 31.34 32.13 32.25 32.37
CONSUMPTION
UNITED STATES 22.00 22.94 24.08 24.16 24.27 24.36
LATIN AMERICA 8.84 9.58 10.52 11.12 11.40 11.40
BRAZIL 3.92 4.19 5.10 5.20 5.35 5.35
ARGENTINA 0.14 0.17 0.22 0.25 0.25 0.25
MEXICO 2.48 2.41 2.22 2.42 2.51 2.51
EUROPEAN UNION 22.24 22.68 24.46 23.56 23.12 23.23
FRANCE 3.81 4.03 4.30 4.00 3.87 3.87
GERMANY 3.49 3.37 3.37 3.27 3.03 3.14
NETHERLANDS 2.51 2.52 3.11 2.94 2.97 2.97
ITALY 3.15 3.16 3.24 3.20 3.24 3.24
SPAIN 3.32 3.30 3.53 3.25 3.30 3.30
OTHER W EUROPE 0.17 0.15 0.17 0.17 0.17 0.17
FSU-12 1.91 1.00 0.99 0.59 0.71 0.69
EASTERN EUROPE 1.98 1.93 2.30 2.26 2.25 2.25
POLAND 0.54 0.55 0.71 0.60 0.64 0.64
ASIA & OCEANIA 14.13 16.92 17.84 19.98 20.51 21.00
JAPAN 3.79 3.73 3.70 3.55 3.60 3.60
CHINA 3.27 5.11 5.28 6.87 7.26 7.74
TAIWAN 1.94 1.88 1.86 1.81 1.78 1.78
KOREA, REP OF 1.45 1.49 1.77 1.84 1.84 1.84
MID-EAST/N AFR 2.83 3.40 3.99 4.30 4.15 4.15
OTHER 1.98 2.11 2.39 2.49 2.42 2.42
TOTAL 76.08 80.70 86.73 88.64 89.00 89.67
ENDING STOCKS
UNITED STATES 0.19 0.14 0.20 0.21 0.20 0.20
BRAZIL 0.60 0.61 0.69 0.61 0.52 0.52
ARGENTINA 0.55 0.70 0.77 0.68 0.64 0.64
OTHER 2.46 2.27 2.67 2.66 2.57 2.58
TOTAL 3.80 3.71 4.33 4.16 3.94 3.94
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: NOVEMBER 1996
TABLE 8
SOYBEAN OIL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM OCT. NOV.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 6.25 6.33 7.08 6.91 6.99 7.06
LATIN AMERICA 5.12 5.81 6.10 6.60 6.76 6.76
BRAZIL 2.91 3.47 3.80 3.95 3.99 3.99
ARGENTINA 1.44 1.52 1.50 1.75 1.80 1.80
MEXICO 0.45 0.45 0.40 0.45 0.47 0.47
EUROPEAN UNION 2.54 2.24 2.58 2.42 2.36 2.36
OTHER W EUROPE 0.02 0.05 0.07 0.07 0.07 0.07
FSU-12 0.08 0.08 0.05 0.04 0.06 0.06
EASTERN EUROPE 0.09 0.07 0.08 0.08 0.10 0.10
ASIA 2.70 3.26 3.24 3.43 3.43 3.43
JAPAN 0.69 0.66 0.67 0.67 0.67 0.67
CHINA 0.67 1.14 1.21 1.15 1.19 1.19
TAIWAN 0.42 0.39 0.40 0.40 0.39 0.39
OTHER 0.39 0.42 0.50 0.52 0.55 0.55
TOTAL 17.20 18.25 19.70 20.08 20.30 20.39
EXPORTS
UNITED STATES 0.64 0.69 1.22 0.45 0.77 0.79
BRAZIL 0.69 1.35 1.55 1.50 1.50 1.50
ARGENTINA 1.45 1.45 1.50 1.65 1.70 1.70
EUROPEAN UNION 1.06 0.91 1.30 1.13 1.13 1.13
OTHER 0.37 0.46 0.49 0.56 0.56 0.56
TOTAL 4.21 4.85 6.06 5.29 5.66 5.68
IMPORTS
UNITED STATES 0.01 0.03 0.01 0.05 0.03 0.04
EUROPEAN UNION 0.53 0.50 0.63 0.63 0.61 0.61
FSU-12 0.07 0.08 0.05 0.05 0.08 0.08
EASTERN EUROPE 0.11 0.13 0.11 0.11 0.11 0.11
CHINA 0.10 0.64 1.70 1.45 1.50 1.50
INDIA 0.04 0.04 0.06 0.06 0.06 0.06
PAKISTAN 0.25 0.17 0.17 0.15 0.16 0.16
MID-EAST/N AFR 1.17 1.39 1.34 1.02 1.14 1.14
IRAN 0.43 0.49 0.50 0.34 0.38 0.38
MOROCCO 0.17 0.18 0.15 0.12 0.13 0.13
TURKEY 0.21 0.17 0.14 0.14 0.15 0.15
TUNISIA 0.12 0.11 0.14 0.09 0.10 0.10
LATIN AMERICA 0.78 0.93 0.99 0.81 0.84 0.84
BRAZIL 0.14 0.24 0.18 0.10 0.10 0.10
MEXICO 0.07 0.08 0.07 0.05 0.06 0.06
CHILE 0.07 0.09 0.11 0.11 0.11 0.11
PERU 0.10 0.11 0.14 0.13 0.14 0.14
COLOMBIA 0.08 0.09 0.11 0.10 0.11 0.11
OTHER 0.83 0.83 1.05 0.93 0.96 0.97
TOTAL 3.90 4.73 6.10 5.24 5.50 5.51
CONSUMPTION
UNITED STATES 5.92 5.87 5.86 6.12 6.15 6.19
LATIN AMERICA 3.62 3.73 3.97 3.99 4.13 4.13
BRAZIL 2.28 2.32 2.47 2.53 2.60 2.60
ARGENTINA 0.07 0.07 0.08 0.08 0.08 0.08
MEXICO 0.53 0.52 0.45 0.49 0.51 0.51
EUROPEAN UNION 2.00 1.85 1.91 1.93 1.88 1.89
OTHER W EUROPE 0.07 0.06 0.07 0.07 0.07 0.07
FSU-12 0.15 0.16 0.09 0.10 0.15 0.14
EASTERN EUROPE 0.22 0.20 0.19 0.19 0.21 0.21
ASIA 3.42 4.49 5.24 5.55 5.63 5.64
JAPAN 0.69 0.67 0.68 0.67 0.68 0.68
CHINA 0.77 1.76 2.55 2.65 2.73 2.74
TAIWAN 0.38 0.39 0.39 0.40 0.40 0.40
KOREA, REP OF 0.19 0.22 0.24 0.25 0.25 0.25
INDIA 0.56 0.71 0.56 0.76 0.74 0.74
PAKISTAN 0.28 0.18 0.17 0.16 0.17 0.17
BANGLADESH 0.31 0.32 0.39 0.36 0.37 0.37
MID-EAST/N AFR 1.30 1.55 1.53 1.26 1.36 1.36
IRAN 0.45 0.52 0.52 0.36 0.40 0.40
MOROCCO 0.18 0.18 0.16 0.13 0.14 0.14
TURKEY 0.22 0.18 0.19 0.18 0.19 0.19
OTHER 0.51 0.50 0.59 0.57 0.61 0.61
TOTAL 17.22 18.41 19.45 19.79 20.19 20.25
ENDING STOCKS
UNITED STATES 0.71 0.50 0.52 0.91 1.01 1.02
BRAZIL 0.32 0.35 0.31 0.33 0.31 0.31
ARGENTINA 0.21 0.21 0.13 0.15 0.16 0.16
OTHER 0.82 0.71 1.10 0.92 0.78 0.78
TOTAL 2.05 1.77 2.05 2.31 2.27 2.28
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: NOVEMBER 1996
TABLE 9
SOYBEANS AND PRODUCTS: WORLD TRADE
(1000 METRIC TONS)
LOCAL MKTG YEARS
SOYBEANS SOYBEAN MEAL SOYBEAN OIL
1995/96 1996/97 1995/96 1996/97 1995/96 1996/97
EXPORTERS
UNITED STATES 1/ 23,165 23,678 5,412 5,715 447 794
BRAZIL 3,200 3,500 11,390 11,400 1,500 1,500
ARGENTINA 2,200 2,300 8,000 8,200 1,650 1,700
EUROPEAN UNION 346 307 3,565 3,435 1,133 1,129
SPAIN 0 0 40 40 150 180
PORTUGAL 4 4 25 20 55 54
PARAGUAY 1,500 1,550 508 587 124 135
OTHER 1,416 1,339 3,380 3,311 431 421
WORLD TOTAL 31,827 32,674 32,255 32,648 5,285 5,679
SELECTED IMPORTERS
EUROPEAN UNION 14,264 13,878 16,323 16,115 633 614
GERMANY 2,850 2,900 1,900 1,750 150 160
NETHERLANDS 4,370 4,200 1,700 1,700 29 28
SPAIN 2,400 2,350 1,717 1,850 5 8
ITALY 1,160 1,070 1,900 1,900 20 15
BEL-LUX 1,213 1,170 1,050 1,000 62 60
PORTUGAL 650 600 160 190 6 7
FRANCE 570 600 3,500 3,400 65 70
U.K. 639 595 1,650 1,700 165 132
DENMARK 70 70 1,568 1,460 40 40
OTHER W EUROPE 380 375 63 48 7 7
FSU-12 70 60 350 350 50 80
RUSSIA 50 40 100 100 25 39
UKRAINE 20 20 250 250 25 38
EASTERN EUROPE 302 332 1,915 1,880 111 114
POLAND 10 60 580 600 80 82
HUNGARY 10 10 470 450 0 0
ASIA 11,642 11,850 5,954 6,770 2,257 2,364
JAPAN 4,800 4,860 700 750 10 7
TAIWAN 2,550 2,500 50 40 10 10
KOREA, REP OF 1,400 1,400 1,000 900 35 35
INDONESIA 700 600 750 875 9 10
PHILIPPINES 130 140 900 900 16 18
INDIA 0 0 0 0 60 60
PAKISTAN 25 25 70 70 150 160
MID-EAST/N AFR 1,005 1,068 3,308 3,164 1,015 1,138
ISRAEL 525 525 38 38 25 25
IRAN 0 0 560 540 340 380
EGYPT 88 110 575 520 105 125
IRAQ 0 0 60 60 3 3
MOROCCO 60 60 0 0 115 125
TUNISIA 0 0 190 190 90 100
ALGERIA 0 0 370 350 110 120
TURKEY 180 220 275 250 135 150
LATIN AMERICA 4,714 4,032 2,568 2,575 855 866
MEXICO 2,653 2,550 300 300 50 60
VENEZUELA 285 295 530 500 100 100
CANADA 70 100 800 650 40 10
OTHER 426 431 850 814 323 343
WORLD TOTAL 32,273 32,426 32,131 32,366 5,241 5,506
DATE: NOVEMBER 1996
TABLE 10
VEGETABLE OIL PRODUCTION, CONSUMPTION AND IMPORTS
FOR SELECTED COUNTRIES, 1,000 METRIC TONS
IMPORT PRELIM FORCST
MARKETING 1992/93 1993/94 1994/95 1995/96 1996/97
YEAR
INDIA
TOTAL PROD MY 5,209 5,278 5,430 5,691 5,809
TOTAL CONSUM MY 5,308 5,582 6,150 6,662 6,883
TOTAL IMPORTS MY 89 264 720 989 1,074
PALM OIL (OCT-SEP) 30 200 520 770 850
SOYBEAN OIL (OCT-SEP) 42 41 60 60 60
RAPESEED OIL (OCT-SEP) 11 15 20 40 40
FSU-12
TOTAL PROD MY 2,462 2,189 1,920 2,614 2,498
TOTAL CONSUM MY 2,798 2,488 2,262 2,717 2,688
TOTAL IMPORTS MY 730 720 752 831 745
PALM OIL (OCT-SEP) 100 83 122 133 133
SUNFLOWERSEED OIL (SEP-AUG) 220 248 316 380 304
SOYBEAN OIL (OCT-SEP) 68 80 46 50 80
PAKISTAN
TOTAL PROD MY 404 324 343 435 392
TOTAL CONSUM MY 1,591 1,607 1,706 1,740 1,784
TOTAL IMPORTS MY 1,141 1,236 1,381 1,304 1,389
PALM OIL (OCT-SEP) 884 1,060 1,210 1,150 1,225
SOYBEAN OIL (OCT-SEP) 253 172 167 150 160
EGYPT
TOTAL PROD MY 100 123 101 94 123
TOTAL CONSUM MY 726 939 1,000 895 914
TOTAL IMPORTS MY 626 816 899 801 791
SUNSEED OIL (OCT-SEP) 200 180 280 200 180
COTTONSEED OIL (OCT-SEP) 60 82 90 90 80
PALM OIL (OCT-SEP) 325 420 370 390 390
SOYBEAN OIL (OCT-SEP) 25 117 127 105 125
IRAN
TOTAL PROD MY 32 38 51 54 49
TOTAL CONSUM MY 579 697 1,122 900 950
TOTAL IMPORTS MY 547 659 1,071 846 901
PALM OIL (OCT-SEP) 48 113 70 75 90
SOYBEAN OIL (OCT-SEP) 433 494 500 340 380
SUNSEED OIL (OCT-SEP) 65 51 500 430 430
ALGERIA
TOTAL PROD MY 14 14 14 14 14
TOTAL CONSUM MY 404 468 522 500 522
TOTAL IMPORTS MY 390 454 508 486 508
SUNSEED OIL (JAN-DEC) 115 90 170 170 170
RAPESEED OIL (JAN-DEC) 68 40 50 60 62
MOROCCO
TOTAL PROD MY 93 75 112 89 82
TOTAL CONSUM MY 328 307 340 280 283
TOTAL IMPORTS MY 237 238 233 196 206
SOYBEAN OIL (OCT-SEP) 169 178 147 115 125
RAPESEED OIL (OCT-SEP) 60 51 77 72 72
NIGERIA
TOTAL PROD MY 835 774 785 768 757
TOTAL CONSUM MY 965 912 943 974 933
TOTAL IMPORTS MY 120 128 158 186 176
PALM OIL (OCT-SEP) 100 100 130 160 170
RAPESEED OIL (OCT-SEP) 10 20 20 20 0
VENEZUELA
TOTAL PROD MY 101 141 161 180 180
TOTAL CONSUM MY 376 433 505 438 428
TOTAL IMPORTS MY 270 292 336 257 247
SUNSEED OIL (OCT-SEP) 130 145 145 145 135
SOYBEAN OIL (OCT-SEP) 125 138 175 100 100
COTTONSEED OIL (OCT-SEP) 4 2 3 1 1
CHINA
TOTAL PROD MY 4,813 5,264 5,948 6,694 6,274
TOTAL CONSUM MY 5,748 7,287 9,606 9,152 9,491
TOTAL IMPORTS MY 1,115 2,487 4,428 2,818 3,517
PALM OIL (OCT-SEP) 800 1,420 1,667 1,006 1,600
SOYBEAN OIL (OCT-SEP) 100 640 1,702 1,445 1,500
RAPESEED OIL (OCT-SEP) 153 360 944 300 350
BANGLADESH
TOTAL PROD MY 109 112 109 113 113
TOTAL CONSUM MY 529 687 759 706 713
TOTAL IMPORTS MY 401 575 660 555 600
SOYBEAN OIL (OCT-SEP) 285 285 425 325 370
PALM OIL (OCT-SEP) 86 260 200 200 200
TOTAL OF SELECTED
IMPORTERS
TOTAL PROD MY 14,172 14,332 14,974 16,746 16,291
TOTAL CONSUM MY 19,352 21,407 24,915 24,964 25,589
TOTAL IMPORTS MY 5,666 7,869 11,146 9,269 10,154
PALM OIL MY 2,490 3,789 4,437 4,042 4,826
SOYBEAN OIL MY 1,600 2,342 3,499 2,800 3,020
SUNSEED OIL MY 730 715 1,481 1,395 1,294
RAPESEED OIL MY 394 571 1,144 555 537
NOTE: PRODUCTION IS OIL PROCESSED FROM DOMESTIC AND/OR
IMPORTED OILSEEDS, PLUS OIL FROM OTHER DOMESTIC
SOURCES SUCH AS PALM OIL AND FISH OIL. ANIMAL FATS
ARE NOT INCLUDED. CONSUMPTION DATA MAY INCLUDE
YEAR-TO-YEAR ADJUSTMENTS IN CASES WHERE STOCK
DATA IS NOT AVAILABLE OR RELIABLE.
DATE: NOVEMBER 1996
TABLE 11
U.S.: OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA PROD IMP EXP CRUSH END
HA STK
MAJOR OILSEEDS
1987/88(87) 28,557 60,815 48 22,465 36,215 9,134
1988/89(88) 29,507 50,295 144 14,790 33,160 6,020
1989/90(89) 29,376 59,257 195 17,525 34,853 7,194
1990/91(90) 29,130 60,550 214 15,640 36,362 9,959
1991/92(91) 30,686 64,316 174 19,419 39,250 8,742
1992/93(92) 29,624 68,442 116 21,714 39,460 8,972
1993/94(93) 30,149 59,497 551 16,560 39,218 6,678
1994/95(94) 32,203 79,721 497 23,808 43,994 10,273
1995/96(95) 33,567 69,095 464 23,929 42,562 6,021
1996/97(96) 32,734 75,188 417 24,352 42,916 6,633
MAJOR PROTEIN MEALS
1987/88(87) - 27,845 332 6,347 - 192
1988/89(88) - 24,993 389 5,016 - 249
1989/90(89) - 27,138 403 4,923 - 349
1990/91(90) - 27,948 477 5,124 - 358
1991/92(91) - 29,666 702 6,572 - 263
1992/93(92) - 29,886 981 5,927 - 223
1993/94(93) - 30,154 1,024 5,133 - 200
1994/95(94) - 33,199 1,049 6,376 - 262
1995/96(95) - 32,265 1,234 5,661 - 257
1996/97(96) - 32,676 1,278 5,933 - 254
MAJOR VEGETABLE AND MARINE OILS
1987/88(87) - 6,996 1,196 1,460 - 1,334
1988/89(88) - 6,367 1,033 1,278 - 1,035
1989/90(89) - 6,862 1,071 1,072 - 858
1990/91(90) - 7,083 1,111 789 - 1,098
1991/92(91) - 7,777 1,139 1,266 - 1,280
1992/93(92) - 7,342 1,338 1,112 - 990
1993/94(93) - 7,472 1,355 1,162 - 774
1994/95(94) - 8,576 1,304 2,018 - 739
1995/96(95) - 8,230 1,323 1,040 - 1,148
1996/97(96) - 8,297 1,415 1,365 - 1,258
NOTE: MAJOR OILSEEDS INCLUDE COTTON, PEANUTS, RAPESEED, SOYBEAN
AND SUNFLOWERSEED. MAJOR MEALS INCLUDE COPRA, COTTON, FISH
PEANUT, RAPESEED, SOYBEAN, AND SUNFLOWERSEED. MAJOR
VEGETABLE AND FISH OILS INCLUDE COCONUT, COTTONSEED, FISH,
OLIVE, PALM, PALM KERNEL, PEANUT, RAPESEED, SOYBEAN, AND
SUNFLOWERSEED
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 12
U.S.: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA PROD IMP EXP CRUSH END
HA STK
SOYBEAN (SEP-AUG)
1987/88(87) 23,137 52,736 34 21,870 31,957 8,232
1988/89(88) 23,218 42,152 98 14,355 28,794 4,954
1989/90(89) 24,094 52,354 68 16,933 31,189 6,508
1990/91(90) 22,870 52,416 95 15,161 32,305 8,955
1991/92(91) 23,477 54,065 94 18,614 34,128 7,578
1992/93(92) 23,566 59,612 56 20,944 34,808 7,955
1993/94(93) 23,208 50,919 175 16,032 34,716 5,691
1994/95(94) 24,629 68,493 136 22,810 38,242 9,112
1995/96(95) 24,938 59,243 121 23,165 37,282 4,985
1996/97(96) 25,673 65,388 121 23,678 37,830 5,715
SOYBEAN MEAL (OCT-SEP)
1987/88(87) - 25,455 0 6,191 - 139
1988/89(88) - 22,628 16 4,937 - 157
1989/90(89) - 25,146 33 4,825 - 289
1990/91(90) - 25,696 41 4,962 - 259
1991/92(91) - 27,062 61 6,301 - 209
1992/93(92) - 27,546 84 5,653 - 185
1993/94(93) - 27,682 63 4,859 - 136
1994/95(94) - 30,182 58 6,094 - 203
1995/96(95) - 29,499 73 5,412 - 208
1996/97(96) - 29,997 73 5,715 - 204
SOYBEAN OIL (OCT-SEP)
1987/88(87) - 5,885 88 850 - 949
1988/89(88) - 5,324 62 754 - 778
1989/90(89) - 5,898 10 614 - 592
1990/91(90) - 6,082 8 354 - 810
1991/92(91) - 6,507 0 747 - 1,016
1992/93(92) - 6,250 5 644 - 705
1993/94(93) - 6,328 31 694 - 500
1994/95(94) - 7,082 8 1,216 - 516
1995/96(95) - 6,911 45 447 - 910
1996/97(96) - 7,062 35 794 - 1,023
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 13
BRAZIL: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA PROD IMP EXP CRUSH END
HA STK
SOYBEANS (FEB-JAN)
1988/89(87) 10,550 18,020 62 3,020 13,676 299
1989/90(88) 12,150 23,600 63 5,080 16,189 1,325
1990/91(89) 11,550 20,340 0 4,220 15,435 800
1991/92(90) 9,750 15,750 350 1,645 13,057 998
1992/93(91) 9,700 19,300 430 3,826 14,721 831
1993/94(92) 10,625 22,500 0 4,184 16,765 832
1994/95(93) 11,440 24,700 900 5,395 18,736 651
1995/96(94) 11,680 25,900 900 3,492 21,599 660
1996/97(95) 11,000 23,200 1,200 3,150 20,000 435
1997/98(96) 12,200 26,000 600 3,400 21,400 510
SOYBEAN MEAL (FEB-JAN)
1988/89(87) - 10,710 0 8,477 - 298
1989/90(88) - 12,625 0 9,577 - 437
1990/91(89) - 12,082 0 8,994 - 686
1991/92(90) - 10,250 0 7,414 - 397
1992/93(91) - 11,556 0 8,136 - 467
1993/94(92) - 13,177 0 9,301 - 543
1994/95(93) - 14,726 0 10,419 - 650
1995/96(94) - 16,977 0 11,646 - 881
1996/97(95) - 15,720 0 10,850 - 451
1997/98(96) - 16,820 0 11,300 - 471
SOYBEAN OIL (FEB-JAN)
1988/89(87) - 2,576 61 661 - 134
1989/90(88) - 3,050 15 864 - 115
1990/91(89) - 2,908 12 887 - 137
1991/92(90) - 2,450 45 410 - 149
1992/93(91) - 2,760 80 710 - 123
1993/94(92) - 3,154 120 771 - 284
1994/95(93) - 3,522 310 1,556 - 160
1995/96(94) - 4,061 162 1,747 - 187
1996/97(95) - 3,760 150 1,435 - 187
1997/98(96) - 4,023 130 1,600 - 190
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 14
ARGENTINA: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA PROD IMP EXP CRUSH END
HA STK
SOYBEANS (APR-MAR)
1988/89(87) 4,260 9,700 0 2,100 6,969 752
1989/90(88) 4,000 6,500 0 516 5,413 803
1990/91(89) 4,950 10,750 0 3,511 6,566 1,035
1991/92(90) 4,750 11,500 0 4,127 7,400 578
1992/93(91) 4,800 11,150 0 3,050 7,962 298
1993/94(92) 4,900 11,350 0 2,273 8,687 264
1994/95(93) 5,400 12,400 0 2,957 8,779 457
1995/96(94) 5,700 12,650 0 2,608 9,369 660
1996/97(95) 5,980 12,640 0 2,650 9,850 344
1997/98(96) 6,000 13,000 0 2,500 10,000 369
SOYBEAN MEAL (APR-MAR)
1988/89(87) - 5,582 0 5,350 - 194
1989/90(88) - 4,368 0 4,350 - 164
1990/91(89) - 5,324 0 4,860 - 528
1991/92(90) - 6,008 0 6,294 - 142
1992/93(91) - 6,449 0 6,330 - 121
1993/94(92) - 7,019 0 6,835 - 125
1994/95(93) - 7,093 0 6,881 - 137
1995/96(94) - 7,570 0 7,164 - 293
1996/97(95) - 7,959 0 7,760 - 232
1997/98(96) - 8,080 0 7,788 - 254
SOYBEAN OIL (APR-MAR)
1988/89(87) - 1,199 0 1,030 - 68
1989/90(88) - 927 0 868 - 77
1990/91(89) - 1,124 0 1,006 - 120
1991/92(90) - 1,267 0 1,266 - 46
1992/93(91) - 1,359 0 1,295 - 37
1993/94(92) - 1,503 0 1,409 - 55
1994/95(93) - 1,517 0 1,442 - 52
1995/96(94) - 1,621 0 1,562 - 31
1996/97(95) - 1,694 0 1,600 - 42
1997/98(96) - 1,730 0 1,636 - 51
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 15
ARGENTINA: SUNFLOWERSEED AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA PROD IMP EXP CRUSH END
HA STK
SUNFLOWERSEED (MAR-FEB)
1988/89(87) 2,058 2,800 0 52 2,549 378
1989/90(88) 2,200 3,200 0 115 3,340 82
1990/91(89) 2,800 3,800 0 372 3,400 70
1991/92(90) 2,300 4,200 0 338 3,747 145
1992/93(91) 2,800 3,800 0 300 3,500 105
1993/94(92) 2,300 3,100 0 200 2,850 105
1994/95(93) 2,070 3,850 0 580 3,240 85
1995/96(94) 2,800 5,900 0 884 4,951 100
1996/97(95) 3,200 5,600 0 800 4,700 130
1997/98(96) 2,700 5,000 0 600 4,340 120
SUNFLOWERSEED MEAL (MAR-FEB)
1988/89(87) - 1,110 0 1,050 - 97
1989/90(88) - 1,435 0 1,280 - 148
1990/91(89) - 1,470 0 1,403 - 148
1991/92(90) - 1,550 0 1,475 - 148
1992/93(91) - 1,520 0 1,375 - 143
1993/94(92) - 1,140 0 1,057 - 151
1994/95(93) - 1,361 0 1,300 - 137
1995/96(94) - 2,079 0 1,996 - 140
1996/97(95) - 1,974 0 1,849 - 180
1997/98(96) - 1,795 0 1,665 - 160
SUNFLOWERSEED OIL (MAR-FEB)
1988/89(87) - 1,033 0 699 - 63
1989/90(88) - 1,365 0 925 - 137
1990/91(89) - 1,380 0 1,162 - 137
1991/92(90) - 1,380 0 1,075 - 124
1992/93(91) - 1,350 0 1,050 - 111
1993/94(92) - 1,092 0 775 - 90
1994/95(93) - 1,266 0 920 - 73
1995/96(94) - 1,934 0 1,494 - 130
1996/97(95) - 1,836 0 1,419 - 149
1997/98(96) - 1,695 0 1,300 - 114
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 16
EUROPEAN UNION:
OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION
(1,000 METRIC TONS)
1992/93 1993/94 1994/95 1995/96 1996/97
PRELIM FORECAST
OILSEED PRODUCTION
RAPESEED 6,555 6,594 6,985 8,297 6,884
SUNFLOWERSEED 4,056 3,506 4,031 3,234 3,819
SOYBEANS 1,274 807 1,032 939 1,090
OTHER 540 594 647 718 736
TOTAL 12,425 11,501 12,695 13,188 12,529
PROTEIN MEAL CONSUMPTION 1/
SOYBEAN 22,244 22,683 24,456 23,563 23,233
SUNFLOWERSEED 3,503 3,761 4,284 4,203 4,108
RAPESEED 4,322 4,345 5,070 5,239 4,877
CORN GLUTEN FEED/M 6,550 6,325 6,455 6,450 6,500
OTHER 4,734 4,880 4,770 4,794 4,844
TOTAL 3/ 34,803 35,669 38,580 37,799 37,062
TOTAL SME 4/ 36,545 37,341 40,019 39,138 38,435
OIL CONSUMPTION 1/
SOYBEAN 1,997 1,848 1,908 1,931 1,894
OLIVE 1,344 1,345 1,325 1,168 1,286
SUNFLOWERSEED 1,803 1,746 1,818 1,837 1,825
RAPESEED 1,718 1,666 2,017 2,178 2,041
OTHER 3,035 3,277 3,369 3,295 3,280
TOTAL 9,897 9,882 10,437 10,409 10,326
IMPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEANS 14,900 12,870 15,594 13,957 13,628
SOYBEAN MEAL 13,120 13,877 14,055 13,834 13,757
SUNFLOWERSEED 812 1,457 1,663 1,826 1,458
EXPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEAN MEAL 1,091 571 715 682 664
SOYBEAN OIL 516 368 710 598 601
RAPESEED OIL 570 906 900 732 609
1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS
2/ BASED ON EC IMPORT DATA ONLY
3/ CORN GLUTEN FEED/MEAL NOT INCLUDED
4/ 44-PERCENT SOYBEAN MEAL EQUIVALENT, INCLUDING CORN GLUTEN FEED/MEAL.
5/ OCTOBER-SEPTEMBER YEARS
6/ DOES NOT INCLUDE THE STATISTICS FROM THE FORMER GER DEM REP
SOURCE: COUNSELOR AND ATTACHE REPORTSFOREIGN AGRICULTURE SERVICE
OFFICIAL STATISTICS OILSEEDS AND PRODUCTS
USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 17
RUSSIA:
OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION
(1,000 METRIC TONS)
1992/93 1993/94 1994/95 1995/96 1996/97
PRELIM FORECAST
OILSEED PRODUCTION
RAPESEED 165 96 122 125 130
SOYBEANS 505 497 421 290 350
SUNFLOWERSEED 3,073 2,765 2,553 4,200 3,000
TOTAL 3,743 3,358 3,096 4,615 3,480
PROTEIN MEAL CONSUMPTION
SOYBEAN 1,435 540 450 290 381
SUNFLOWERSEED 1,106 765 635 890 760
RAPESEED 46 30 30 30 25
FISH 482 485 488 488 487
OTHER 5 0 0 0 0
TOTAL 1/ 3,074 1,820 1,603 1,698 1,653
TOTAL SME 2/ 3,214 1,984 1,776 1,857 1,820
OIL CONSUMPTION
SOYBEAN 90 100 60 62 84
COTTONSEED 127 108 120 100 105
SUNFLOWERSEED 970 830 830 1,036 1,040
RAPESEED 72 56 30 45 15
FISH 61 61 61 61 61
OTHER 103 54 59 63 63
TOTAL 1/ 1,423 1,209 1,160 1,367 1,368
IMPORTS 3/
SOYBEANS 167 68 35 50 40
SOYBEAN MEAL 1,095 200 205 100 100
SUNFLOWERSEED OIL 105 146 205 270 200
COTTONSEED OIL 127 108 120 100 105
EXPORTS 3/
SUNFLOWERSEED 76 450 533 950 870
SOYBEANS 5 17 60 50 60
SUNFLOWERSEED OIL 10 40 10 15 20
FISHMEAL 43 43 43 43 43
FISH OIL 28 28 28 28 28
1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS
2/ 44-PERCENT SOYBEAN MEAL EQUIVALENT
3/ ASSORTED MARKETING YEARS
SOURCE: COUNSELOR AND ATTACHE REPORTSFOREIGN AGRICULTURAL SERV
OFFICIAL STATISTICS OILSEEDS AND PRODUCTS
USDA ESTIMATES
DATE: NOVEMBER 1996
TABLE 18
CHINA
OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION
(1,000 METRIC TONS)
1992/93 1993/94 1994/95 1995/96 1996/97
PRELIM FORECAST
OILSEED PRODUCTION
COTTONSEED 7,660 6,658 7,704 8,440 6,584
PEANUTS 5,953 8,420 9,682 10,200 9,800
RAPESEED 7,653 6,940 7,492 9,743 9,000
SOYBEANS 10,300 15,310 16,000 13,500 13,300
SUNFLOWERSEED 1,472 1,282 1,370 1,270 1,360
TOTAL 33,038 38,610 42,248 43,153 40,044
PROTEIN MEAL CONSUMPTION
SOYBEAN 3,274 5,110 5,283 6,867 7,738
COTTONSEED 1,966 2,088 2,513 2,854 2,048
RAPESEED 3,375 3,396 3,848 5,060 4,618
PEANUT 1,116 1,580 1,965 2,085 2,102
OTHER 1,145 1,032 1,300 1,220 1,297
TOTAL 1/ 10,876 13,206 14,909 18,086 17,803
TOTAL SME 2/ 9,901 12,271 13,913 16,691 16,699
OIL CONSUMPTION
SOYBEAN 770 1,763 2,547 2,652 2,735
COTTONSEED 869 775 897 995 760
PALM 700 1,136 1,437 806 1,400
RAPESEED 2,363 2,314 3,082 3,125 2,939
PEANUT 769 1,059 1,339 1,345 1,410
OTHER 277 240 304 229 247
TOTAL 1/ 5,748 7,287 9,606 9,152 9,491
IMPORTS 3/
SOYBEANS 150 125 149 794 1,000
RAPESEED 5 0 240 150 10
FISHMEAL 424 434 668 660 625
PALM OIL 800 1,420 1,667 1,006 1,600
SOYBEAN OIL 100 640 1,702 1,445 1,500
RAPESEED OIL 153 360 944 300 350
EXPORTS 3/
SOYBEANS 300 1,100 600 300 250
PEANUTS 300 472 470 430 400
SOYBEAN MEAL 400 1,050 1,275 100 100
COTTONSEED MEAL 950 525 500 490 500
RAPESEED MEAL 898 450 450 475 475
PALM OIL 100 284 230 200 200
PEANUT OIL 13 66 30 100 30
RAPESEED OIL 64 93 150 120 120
1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS
2/ 44-PERCENT SOYBEAN MEAL EQUIVALENT
3/ ASSORTED MARKETING YEARS
SOURCE: COUNSELOR AND ATTACHE REPORTSFOREIGN AGRICULTURAL SERV
OFFICIAL STATISTICS OILSEEDS AND PRODUCTS
USDA ESTIMATES
DATE: NOVEMBER 1996
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