January 1997
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-322), January 10, 1997.
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 February 13, 1997.
SUMMARY
U.S. oilseed production for 1996/97 is estimated at 74.9 million tons, down 0.3 million from last month and up 8 percent from last year. A decline in soybean production this month is only partially offset by gains in other oilseeds. Soybean production is estimated at 64.8 million tons or 2,382 million bushels, down 551,000 tons from the last forecast. Peanut production is up 64,000 tons to 1.65 million tons while cottonseed production is up 77,000 tons to 6.6 million tons. Soybean yield at 37.6 bushels per acre is the second highest on record even though some major growing areas were planted very late because of excessive moisture during the normal planting period.
U.S. soybean stocks are off 685,000 tons from last month to 4.2 million tons because of lower production and increased crush. Soybean crush is increased this month to 38.1 million tons, up 272,000 tons from last month. Larger soybean meal export prospects and a smaller soybean meal extraction rate are boosting crush prospects. Soybean meal imports were increased for the Philippines and for China. China's soybean meal imports are forecast at 1.9 million tons up 100,000 tons from last month and up nearly 1.0 million tons from last year. U.S. soybean meal exports are forecast at 5.9 million tons, up 182,000 tons from last month. Domestic use is lowered slightly.
U.S. prospective soybean oil inventories are reduced this month despite a larger soybean crush. Soybean oil extraction rates are running much below average for new crop soybeans in 1996/97 resulting in a lowering of the extraction rate to 10.925 pounds per bushel. This is below last month's 11.1 pounds per bushel and well below a trend of 11.2 pounds per bushel.
The U.S. season average price for soybeans is increased this month to $6.60 to $7.10 per bushel while soybean meal price prospects are raised to $225 to $240 per short ton. Soybean oil prices are up slightly to 22.5 to 24.0 cents per pound.
World oilseed production is forecast at 255.3 million tons, essentially unchanged from last month but down 414,000 tons from last year. Foreign oilseed production at 180.4 million tons is up 333,000 tons from a month ago but down over 6 million tons from last year. This month's increase reflects a 300,000 ton increase in Russia's sunflowerseed crop to 2.8 million tons along with some small upward revisions for cottonseed production. Significant changes in world trade include upward revisions to China and Phillippines soybean meal imports for MY 1996/97.
TABLE 1.
MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 117.34 117.75 137.78 124.39 132.58 132.01
COTTONSEED 31.59 29.48 32.88 35.28 33.29 33.47
PEANUT 23.08 24.00 26.28 25.93 26.11 26.18
SUNFLOWERSEED 21.28 20.74 23.37 25.78 23.46 23.81
RAPESEED 25.31 26.71 30.29 34.58 29.70 29.70
COPRA 4.92 4.97 5.47 5.01 5.14 5.14
PALM KERNEL 4.00 4.25 4.54 4.77 5.01 5.01
TOTAL 227.52 227.89 260.61 255.72 255.29 255.31
EXPORTS
SOYBEAN 29.81 28.16 32.13 31.74 33.94 33.86
COTTONSEED 0.91 0.91 1.03 0.92 0.81 0.83
PEANUT 1.34 1.43 1.53 1.57 1.47 1.49
SUNFLOWERSEED 1.87 2.57 3.19 3.56 3.08 3.09
RAPESEED 4.02 5.28 5.86 5.34 4.76 4.76
COPRA 0.23 0.24 0.21 0.19 0.21 0.21
PALM KERNEL 0.06 0.07 0.06 0.06 0.06 0.06
TOTAL 38.23 38.65 44.01 43.37 44.33 44.29
IMPORTS
SOYBEAN 30.42 28.37 32.79 32.47 33.77 33.77
COTTONSEED 0.91 0.89 1.02 0.90 0.79 0.79
PEANUT 1.32 1.44 1.52 1.50 1.52 1.52
SUNFLOWERSEED 1.97 2.51 3.14 3.48 3.01 2.99
RAPESEED 4.01 5.20 5.91 5.32 4.81 4.84
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 44.66 43.95 44.20 44.21
CRUSH
SOYBEAN 96.75 102.06 109.92 112.08 113.28 113.55
COTTONSEED 24.96 22.98 25.20 27.60 25.51 25.50
PEANUT 12.53 12.83 14.41 14.09 14.36 14.37
SUNFLOWERSEED 18.63 17.95 20.55 22.38 21.54 21.84
RAPESEED 22.78 24.32 27.15 30.32 27.90 27.83
COPRA 4.90 4.95 5.50 5.02 5.15 5.15
PALM KERNEL 3.90 4.26 4.49 4.75 4.96 4.96
TOTAL 184.44 189.36 207.23 216.25 212.70 213.20
ENDING STOCKS
SOYBEAN 20.21 17.23 23.44 17.09 16.82 16.13
COTTONSEED 0.46 0.53 0.68 0.77 0.79 0.84
PEANUT 0.81 0.60 0.67 0.48 0.49 0.52
SUNFLOWERSEED 0.60 0.76 0.92 1.73 1.10 1.12
RAPESEED 1.14 0.80 0.97 1.78 0.88 0.83
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 26.88 22.02 20.23 19.60
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JANUARY 1997
TABLE 2.
MAJOR PROTEIN MEALS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 76.38 81.20 87.22 88.94 89.93 90.04
COTTONSEED 11.46 10.67 11.74 12.77 11.79 11.79
RAPESEED 14.00 14.81 16.49 18.39 16.98 16.94
SUNFLOWERSEED 8.55 8.33 9.45 10.00 9.74 9.86
FISH 5.90 6.35 7.14 6.77 6.33 6.33
PEANUT 5.11 5.24 5.88 5.73 5.85 5.86
COPRA 1.64 1.68 1.88 1.72 1.78 1.78
PALM KERNEL 2.04 2.26 2.39 2.50 2.61 2.61
TOTAL 125.08 130.53 142.18 146.81 145.01 145.20
EXPORTS
SOYBEAN 27.55 29.95 31.15 32.57 32.55 32.73
COTTONSEED 1.46 1.13 1.10 1.14 1.15 1.15
RAPESEED 3.21 3.36 3.55 4.00 3.62 3.54
SUNFLOWERSEED 1.80 2.14 2.80 2.63 2.60 2.60
FISH 3.47 4.15 4.66 4.36 4.02 4.02
PEANUT 0.65 0.85 0.64 0.62 0.61 0.61
COPRA 1.04 1.01 1.33 0.98 1.05 1.05
PALM KERNEL 1.81 1.90 2.05 2.11 2.18 2.18
TOTAL 41.00 44.48 47.27 48.42 47.78 47.88
IMPORTS
SOYBEAN 27.85 29.26 31.25 32.16 32.67 32.73
COTTONSEED 1.45 1.14 1.07 1.10 1.12 1.12
RAPESEED 3.31 3.43 3.80 3.76 3.61 3.61
SUNFLOWERSEED 1.84 2.14 2.72 2.58 2.53 2.54
FISH 3.70 4.05 4.60 4.26 3.92 3.92
PEANUT 0.68 0.78 0.64 0.62 0.61 0.61
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 41.66 43.64 47.15 47.50 47.62 47.69
CONSUMPTION
SOYBEAN 76.04 80.60 86.69 88.67 90.26 90.27
COTTONSEED 11.42 10.70 11.72 12.72 11.76 11.76
RAPESEED 14.08 14.89 16.61 18.06 17.18 17.22
SUNFLOWERSEED 8.58 8.36 9.24 9.85 9.67 9.80
FISH 5.95 6.27 6.72 6.70 6.41 6.41
PEANUT 5.13 5.18 5.91 5.74 5.85 5.86
COPRA 1.65 1.63 1.79 1.69 1.72 1.75
PALM KERNEL 2.10 2.17 2.25 2.44 2.56 2.56
TOTAL 124.94 129.81 140.92 145.88 145.42 145.63
ENDING STOCKS
SOYBEAN 3.80 3.71 4.33 4.19 3.97 3.95
COTTONSEED 0.17 0.15 0.15 0.16 0.16 0.16
RAPESEED 0.48 0.48 0.62 0.70 0.49 0.49
SUNFLOWERSEED 0.26 0.24 0.37 0.46 0.46 0.46
FISH 0.63 0.60 0.96 0.93 0.74 0.74
PEANUT 0.08 0.07 0.03 0.03 0.03 0.03
COPRA 0.12 0.16 0.07 0.09 0.07 0.07
PALM KERNEL 0.24 0.25 0.25 0.25 0.27 0.27
TOTAL 5.77 5.65 6.78 6.79 6.19 6.17
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JANUARY 1997
TABLE 3.
MAJOR VEGETABLE AND MARINE OILS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 17.20 18.25 19.71 20.17 20.37 20.31
PALM 13.01 13.69 14.75 15.64 16.37 16.37
SUNFLOWERSEED 7.35 7.06 8.15 8.85 8.49 8.61
RAPESEED 8.39 9.03 10.08 11.17 10.29 10.23
COTTONSEED 3.67 3.38 3.72 4.00 3.74 3.74
PEANUT 3.60 3.63 4.03 3.96 4.03 4.04
COCONUT 3.10 3.09 3.44 3.18 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 2.19 2.19
TOTAL 61.00 62.96 69.06 71.96 71.77 71.78
EXPORTS
SOYBEAN 4.21 4.85 6.09 5.41 5.68 5.68
PALM 1/ 8.60 9.86 9.66 9.99 10.54 10.54
SUNFLOWERSEED 2.15 2.33 3.38 3.29 3.06 3.00
RAPESEED 1.63 2.23 2.64 2.36 2.07 2.01
COTTONSEED 0.50 0.50 0.59 0.53 0.51 0.51
PEANUT 0.23 0.29 0.25 0.26 0.25 0.25
COCONUT 1.70 1.50 1.84 1.44 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 27.15 25.72 26.22 26.09
IMPORTS
SOYBEAN 3.90 4.73 6.10 5.24 5.56 5.59
PALM 1/ 8.28 9.92 9.84 9.81 10.58 10.58
SUNFLOWERSEED 2.13 2.37 3.32 3.30 3.08 3.03
RAPESEED 1.72 2.21 2.76 2.28 2.11 2.11
COTTONSEED 0.45 0.46 0.54 0.51 0.52 0.52
PEANUT 0.30 0.30 0.29 0.29 0.28 0.28
COCONUT 1.39 1.39 1.77 1.51 1.60 1.59
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 25.17 26.16 26.12
CONSUMPTION
SOYBEAN 17.22 18.41 19.43 19.75 20.26 20.28
PALM 12.39 14.21 14.84 15.21 16.42 16.42
SUNFLOWERSEED 7.52 7.20 8.01 8.63 8.60 8.69
RAPESEED 8.55 9.01 10.34 10.98 10.38 10.40
COTTONSEED 3.65 3.32 3.67 3.98 3.75 3.76
PEANUT 3.69 3.65 4.07 3.97 4.08 4.08
COCONUT 2.82 2.92 3.42 3.18 3.21 3.20
OLIVE 1.87 1.87 1.84 1.64 1.78 1.77
FISH 1.13 1.19 1.36 1.32 1.28 1.28
PALM KERNEL 1.77 1.95 1.94 2.00 2.16 2.16
TOTAL 60.59 63.72 68.92 70.65 71.91 72.03
ENDING STOCKS
SOYBEAN 2.05 1.77 2.05 2.31 2.31 2.25
PALM 1.72 1.25 1.35 1.60 1.60 1.60
SUNFLOWERSEED 0.81 0.71 0.80 1.03 0.94 0.99
RAPESEED 0.42 0.43 0.30 0.40 0.34 0.33
COTTONSEED 0.10 0.11 0.11 0.11 0.11 0.11
PEANUT 0.06 0.04 0.04 0.05 0.03 0.04
COCONUT 0.25 0.31 0.26 0.34 0.19 0.34
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 0.15 0.15
TOTAL 6.85 5.95 6.05 6.81 6.46 6.59
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
1/ PALM OIL TRADE EXCLUDES TRANSSHIPMENTS THROUGH SINGAPORE
DATE: JANUARY 1997
TABLE 4
MAJOR OILSEEDS, PROTEIN MEALS, FATS AND OILS:
WORLD PRODUCTION 1/
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
WORLD OILSEEDS:
SOYBEAN 117.34 117.75 137.78 124.39 132.58 132.01
COTTONSEED 31.59 29.48 32.88 35.28 33.29 33.47
PEANUT 23.08 24.00 26.28 25.93 26.11 26.18
SUNFLOWERSEED 21.28 20.74 23.37 25.78 23.46 23.81
RAPESEED 25.31 26.71 30.29 34.58 29.70 29.70
COPRA 4.92 4.97 5.47 5.01 5.14 5.14
PALM KERNEL 4.00 4.25 4.54 4.77 5.01 5.01
TOTAL 227.52 227.89 260.61 255.72 255.29 255.31
PROTEIN MEALS:
SOYBEAN 76.38 81.20 87.22 88.94 89.93 90.04
COTTONSEED 11.46 10.67 11.74 12.77 11.79 11.79
PEANUT 5.11 5.24 5.88 5.73 5.85 5.86
SUNFLOWERSEED 8.55 8.33 9.45 10.00 9.74 9.86
RAPESEED 14.00 14.81 16.49 18.39 16.98 16.94
COPRA 1.64 1.68 1.88 1.72 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 125.08 130.53 142.18 146.81 145.01 145.20
44% PROTEIN MEAL EQUIVALENT 2/:
SOYBEAN 76.38 81.20 87.22 88.94 89.93 90.04
COTTONSEED 9.29 8.64 9.51 10.35 9.55 9.55
PEANUT 5.74 5.89 6.61 6.44 6.57 6.58
SUNFLOWERSEED 8.07 7.87 8.92 9.44 9.20 9.31
RAPESEED 9.96 10.54 11.73 13.08 12.08 12.05
COPRA 0.74 0.76 0.85 0.78 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 119.44 124.87 136.01 139.69 138.21 138.41
FATS & OILS
EDIBLE VEGETABLE:
SOYBEAN 17.20 18.25 19.71 20.17 20.37 20.31
COTTONSEED 3.67 3.38 3.72 4.00 3.74 3.74
PEANUT 3.60 3.63 4.03 3.96 4.03 4.04
SUNFLOWERSEED 7.35 7.06 8.15 8.85 8.49 8.61
RAPESEED 8.39 9.03 10.08 11.17 10.29 10.23
OLIVE 1.78 1.73 1.67 1.46 1.80 1.80
COCONUT 3.10 3.09 3.44 3.18 3.25 3.25
PALM KERNEL 1.74 1.88 1.99 2.10 2.19 2.19
PALM 13.01 13.69 14.75 15.64 16.37 16.37
TOTAL 59.82 61.72 67.54 70.52 70.52 70.53
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 81.04 84.25 84.07 84.07
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: JANUARY 1997
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 25.66 64.84
BRAZIL 10.64 21.63 10.95 23.40 12.20 26.00
CHINA 8.10 12.46 8.13 13.50 7.50 12.50
ARGENTINA 5.11 11.81 5.98 12.64 6.00 13.00
EUROPEAN UNION 5/ 0.46 1.35 0.29 0.94 0.31 1.07
PARAGUAY 0.98 1.67 1.10 2.30 1.20 2.50
OTHER 8.89 10.85 9.97 12.37 10.36 12.10
TOTAL 57.73 116.87 61.35 124.39 63.24 132.01
COTTONSEED
CHINA 5.90 7.87 5.42 8.44 4.80 6.86
UNITED STATES 5.01 6.00 6.48 6.21 5.19 6.60
FSU-12 2.93 3.98 2.57 3.30 2.55 2.81
INDIA 7.60 4.22 8.65 5.30 8.50 5.25
PAKISTAN 2.76 3.23 3.05 3.57 3.20 2.96
BRAZIL 1.48 0.96 1.13 0.66 0.75 0.50
OTHER 6.90 6.51 8.03 7.79 8.50 8.49
TOTAL 32.58 32.78 35.33 35.28 33.49 33.47
PEANUT
INDIA 8.33 7.90 7.80 7.40 8.20 8.20
CHINA 3.19 7.34 3.81 10.20 3.77 9.50
UNITED STATES 0.71 1.86 0.61 1.57 0.56 1.65
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 4.86
TOTAL 19.48 23.53 19.49 25.93 19.83 26.18
SUNFLOWERSEED
FSU-12 4.88 5.49 6.56 7.38 6.37 5.11
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 3.11
UNITED STATES 1.01 1.44 1.36 1.82 1.01 1.63
CHINA 0.77 1.38 0.81 1.27 0.80 1.36
EUROPEAN UNION 5/ 2.68 4.00 2.38 3.23 2.34 3.97
OTHER 4.29 3.20 4.45 3.75 4.40 3.63
TOTAL 17.63 22.01 20.70 25.78 19.72 23.81
RAPESEED
CHINA 5.74 7.30 6.91 9.78 6.56 8.80
EUROPEAN UNION 5/ 2.58 6.96 2.84 8.30 2.59 6.95
CANADA 3.71 4.82 5.27 6.44 3.48 5.04
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 1.65 1.64
TOTAL 20.25 27.14 24.14 34.58 21.25 29.70
TOTAL OILSEEDS 147.67 222.33 161.01 245.95 157.52 245.17
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: JANUARY 1997
TABLE 6
SOYBEANS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 59.61 50.92 68.49 59.24 65.39 64.84
BRAZIL 22.50 24.70 25.90 23.40 26.00 26.00
ARGENTINA 11.35 12.40 12.65 12.64 13.00 13.00
CHINA 10.30 15.31 16.00 13.50 12.50 12.50
EUROPEAN UNION 1.27 0.81 1.03 0.94 1.09 1.07
PARAGUAY 1.75 1.80 2.20 2.30 2.50 2.50
OTHER 10.55 11.81 11.51 12.37 12.10 12.10
TOTAL 117.34 117.75 137.78 124.39 132.58 132.01
EXPORTS
UNITED STATES 20.94 16.03 22.81 23.17 24.49 24.49
BRAZIL 4.06 5.43 3.57 3.20 4.00 4.00
ARGENTINA 2.42 3.07 2.50 2.20 2.30 2.30
PARAGUAY 1.25 1.20 1.45 1.50 1.55 1.55
CHINA 0.30 1.10 0.39 0.22 0.20 0.20
OTHER 0.84 1.33 1.40 1.45 1.40 1.32
TOTAL 29.81 28.16 32.13 31.74 33.94 33.86
IMPORTS
EUROPEAN UNION 15.17 13.11 16.05 14.26 14.37 14.37
GERMANY 3.31 2.79 2.96 2.85 3.00 3.00
NETHERLANDS 4.26 4.14 4.62 4.37 4.35 4.35
SPAIN 2.48 1.72 2.85 2.40 2.44 2.44
ITALY 1.33 1.17 1.30 1.16 1.11 1.11
BEL-LUX 1.31 1.22 1.37 1.21 1.21 1.21
PORTUGAL 0.56 0.53 0.95 0.65 0.62 0.62
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 1.50 1.50
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 0.70 0.70
MEXICO 2.14 2.20 1.87 2.65 2.65 2.65
BRAZIL 0.38 0.11 1.20 0.80 1.00 1.00
OTHER 2.93 2.94 3.35 3.76 4.02 4.02
TOTAL 30.42 28.37 32.79 32.47 33.77 33.77
CRUSH
UNITED STATES 34.81 34.72 38.24 37.28 37.83 38.10
LATIN AMERICA 28.44 31.90 33.49 36.61 37.09 37.09
BRAZIL 15.55 18.44 20.19 21.40 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 13.69 13.69
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 0.43 0.43
EASTERN EUROPE 0.53 0.42 0.45 0.49 0.56 0.56
ASIA 15.85 19.56 19.66 20.39 20.09 20.09
JAPAN 3.79 3.70 3.76 3.70 3.75 3.75
CHINA 4.49 7.61 8.09 7.45 7.50 7.50
TAIWAN 2.32 2.24 2.34 2.25 2.23 2.23
OTHER 2.36 2.42 2.88 3.10 3.22 3.21
TOTAL 96.75 102.06 109.92 112.08 113.28 113.55
ENDING STOCKS
UNITED STATES 7.96 5.69 9.11 4.99 4.90 4.21
BRAZIL 6.07 5.31 6.95 5.02 5.10 5.10
ARGENTINA 3.71 3.80 4.77 4.63 4.53 4.53
OTHER 2.49 2.43 2.62 2.45 2.29 2.29
TOTAL 20.21 17.23 23.44 17.09 16.82 16.13
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JANUARY 1997
TABLE 7
SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1995/96 1996/97
PRODUCTION
UNITED STATES 27.55 27.68 30.18 29.50 30.00 30.11
LATIN AMERICA 22.46 25.23 26.55 29.05 29.43 29.43
BRAZIL 12.17 14.50 15.87 16.82 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 10.96 10.96
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 0.34 0.34
ASIA 12.56 15.55 15.56 16.23 15.94 15.94
JAPAN 2.94 2.85 2.88 2.87 2.87 2.87
CHINA 3.63 6.16 6.55 6.04 6.08 6.08
TAIWAN 1.78 1.75 1.80 1.76 1.74 1.74
INDIA 2.25 2.88 2.20 3.20 2.90 2.90
OTHER 1.87 1.91 2.27 2.44 2.53 2.53
TOTAL 76.38 81.20 87.22 88.94 89.93 90.04
EXPORTS
UNITED STATES 5.65 4.86 6.09 5.45 5.72 5.90
BRAZIL 8.17 10.31 10.68 11.67 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 0.10 0.10
INDIA 2.01 2.20 1.58 2.50 2.20 2.20
OTHER 0.74 0.92 1.13 1.29 1.50 1.50
TOTAL 27.55 29.95 31.15 32.57 32.55 32.73
IMPORTS
EUROPEAN UNION 15.49 16.47 16.80 16.32 16.12 16.12
FRANCE 3.50 3.80 3.79 3.50 3.40 3.40
GERMANY 2.22 2.12 1.99 1.90 1.75 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 0.35 0.35
RUSSIA 1.10 0.20 0.21 0.10 0.10 0.10
UKRAINE 0.30 0.25 0.23 0.25 0.25 0.25
ASIA & OCEANIA 4.16 4.58 5.29 6.51 7.45 7.60
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 2.55 2.55
OTHER 0.97 1.01 1.18 1.12 1.11 1.02
TOTAL 27.85 29.26 31.25 32.16 32.67 32.73
CONSUMPTION
UNITED STATES 22.00 22.94 24.08 24.11 24.36 24.31
LATIN AMERICA 8.84 9.58 10.52 11.12 11.38 11.38
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 2.49 2.49
EUROPEAN UNION 22.24 22.68 24.46 23.56 23.62 23.62
FRANCE 3.81 4.03 4.30 4.00 3.89 3.89
GERMANY 3.49 3.37 3.37 3.27 3.22 3.22
NETHERLANDS 2.51 2.52 3.11 2.94 3.08 3.08
ITALY 3.15 3.16 3.24 3.20 3.27 3.27
SPAIN 3.32 3.30 3.53 3.25 3.37 3.37
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 0.69 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 17.88 20.18 21.19 21.34
JAPAN 3.79 3.73 3.70 3.55 3.60 3.60
CHINA 3.27 5.11 5.33 6.87 7.78 7.88
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 1.93 2.01 2.30 2.36 2.44 2.35
TOTAL 76.04 80.60 86.69 88.67 90.26 90.27
ENDING STOCKS
UNITED STATES 0.19 0.14 0.20 0.21 0.20 0.18
BRAZIL 0.60 0.61 0.69 0.64 0.55 0.55
ARGENTINA 0.55 0.70 0.77 0.68 0.64 0.64
OTHER 2.46 2.27 2.67 2.66 2.58 2.58
TOTAL 3.80 3.71 4.33 4.19 3.97 3.95
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JANUARY 1997
TABLE 8
SOYBEAN OIL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM DEC. JAN.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 6.25 6.33 7.08 6.91 7.00 6.94
LATIN AMERICA 5.12 5.81 6.10 6.68 6.76 6.76
BRAZIL 2.91 3.47 3.80 4.02 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 2.45 2.45
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 3.25 3.43 3.38 3.38
JAPAN 0.69 0.66 0.67 0.67 0.67 0.67
CHINA 0.67 1.14 1.21 1.15 1.15 1.15
TAIWAN 0.42 0.39 0.40 0.40 0.39 0.39
OTHER 0.39 0.42 0.50 0.53 0.55 0.55
TOTAL 17.20 18.25 19.71 20.17 20.37 20.31
EXPORTS
UNITED STATES 0.64 0.69 1.22 0.45 0.79 0.79
BRAZIL 0.69 1.35 1.55 1.60 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 0.52 0.57 0.56 0.56
TOTAL 4.21 4.85 6.09 5.41 5.68 5.68
IMPORTS
UNITED STATES 0.01 0.03 0.01 0.04 0.04 0.05
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 0.11 0.11
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 0.97 0.99
TOTAL 3.90 4.73 6.10 5.24 5.56 5.59
CONSUMPTION
UNITED STATES 5.92 5.87 5.86 6.11 6.19 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 1.98 1.98
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 0.14 0.14
EASTERN EUROPE 0.22 0.20 0.19 0.19 0.21 0.21
ASIA 3.42 4.49 5.22 5.51 5.56 5.56
JAPAN 0.69 0.67 0.68 0.67 0.68 0.68
CHINA 0.77 1.76 2.53 2.61 2.62 2.62
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 0.76 0.76
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 0.58 0.62 0.63
TOTAL 17.22 18.41 19.43 19.75 20.26 20.28
ENDING STOCKS
UNITED STATES 0.71 0.50 0.52 0.91 0.97 0.91
BRAZIL 0.32 0.35 0.31 0.30 0.29 0.29
ARGENTINA 0.21 0.21 0.13 0.15 0.16 0.16
OTHER 0.82 0.71 1.10 0.95 0.89 0.89
TOTAL 2.05 1.77 2.05 2.31 2.31 2.25
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JANUARY 1997
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 24,494 5,445 5,897 450 794
BRAZIL 3,203 4,000 11,673 11,400 1,600 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 1,324 1,209 3,380 3,211 450 421
WORLD TOTAL 31,738 33,860 32,571 32,730 5,407 5,679
SELECTED IMPORTERS
EUROPEAN UNION 14,264 14,370 16,323 16,115 633 614
GERMANY 2,850 3,000 1,900 1,750 150 160
NETHERLANDS 4,370 4,350 1,700 1,700 29 28
SPAIN 2,400 2,435 1,717 1,850 5 8
ITALY 1,160 1,110 1,900 1,900 20 15
BEL-LUX 1,213 1,212 1,050 1,000 62 60
PORTUGAL 650 620 160 190 6 7
FRANCE 570 625 3,500 3,400 65 70
U.K. 639 615 1,650 1,700 165 132
DENMARK 70 73 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 12,500 6,154 7,245 2,257 2,414
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 700 700 950 1,000 9 10
PHILIPPINES 130 140 900 950 16 18
INDIA 0 0 0 0 60 110
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 4,814 4,532 2,568 2,550 855 866
MEXICO 2,653 2,650 300 275 50 60
VENEZUELA 285 295 530 500 100 100
CANADA 70 100 716 650 43 30
OTHER 426 431 761 724 321 356
WORLD TOTAL 32,473 33,768 32,158 32,726 5,242 5,589
DATE: JANUARY 1997
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 5,701 5,790
TOTAL CONSUM MY 5,308 5,582 6,150 6,830 7,014
TOTAL IMPORTS MY 89 264 720 1,149 1,224
PALM OIL (OCT-SEP) 30 200 520 900 900
SOYBEAN OIL (OCT-SEP) 42 41 60 60 110
RAPESEED OIL (OCT-SEP) 11 15 20 40 40
FSU-12
TOTAL PROD MY 2,462 2,189 1,920 2,614 2,383
TOTAL CONSUM MY 2,798 2,488 2,262 2,717 2,656
TOTAL IMPORTS MY 730 720 752 831 705
PALM OIL (OCT-SEP) 100 83 122 133 133
SUNFLOWERSEED OIL (SEP-AUG) 220 248 316 380 254
SOYBEAN OIL (OCT-SEP) 68 80 46 50 80
PAKISTAN
TOTAL PROD MY 404 324 343 435 378
TOTAL CONSUM MY 1,591 1,607 1,706 1,740 1,770
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 55
TOTAL CONSUM MY 579 697 1,122 900 956
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 5,964 6,653 6,119
TOTAL CONSUM MY 5,748 7,287 9,521 9,158 9,283
TOTAL IMPORTS MY 1,115 2,487 4,431 2,811 3,507
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) 153 360 944 303 350
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 14,990 16,715 15,994
TOTAL CONSUM MY 19,352 21,407 24,830 25,138 25,472
TOTAL IMPORTS MY 5,666 7,869 11,149 9,422 10,254
PALM OIL MY 2,490 3,789 4,437 4,172 4,876
SOYBEAN OIL MY 1,600 2,342 3,499 2,800 3,070
SUNSEED OIL MY 730 715 1,481 1,425 1,294
RAPESEED OIL MY 394 571 1,144 558 537
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: JANUARY 1997
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) 33,568 69,095 464 23,929 42,562 6,030
1996/97(96) 32,570 74,932 426 25,208 43,205 5,295
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 1,047 6,379 - 262
1995/96(95) - 32,269 1,237 5,702 - 267
1996/97(96) - 32,805 1,278 6,126 - 240
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) - 8,233 1,289 1,047 - 1,198
1996/97(96) - 8,191 1,411 1,389 - 1,180
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: JANUARY 1997
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 4,992
1996/97(96) 25,661 64,837 121 24,494 38,102 4,211
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) - 29,495 68 5,445 - 208
1996/97(96) - 30,110 73 5,897 - 181
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 43 450 - 914
1996/97(96) - 6,938 48 794 - 914
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JANUARY 1997
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) 10,950 23,400 1,300 3,400 19,800 635
1997/98(96) 12,200 26,000 1,000 4,000 21,200 710
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) - 15,563 0 10,700 - 444
1997/98(96) - 16,663 0 11,150 - 457
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) - 3,722 150 1,400 - 184
1997/98(96) - 3,986 130 1,560 - 190
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JANUARY 1997
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: JANUARY 1997
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: JANUARY 1997
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 6,945
SUNFLOWERSEED 4,056 3,506 4,031 3,234 3,969
SOYBEANS 1,274 807 1,032 939 1,070
OTHER 540 594 647 718 666
TOTAL 12,425 11,501 12,695 13,188 12,650
PROTEIN MEAL CONSUMPTION 1/
SOYBEAN 22,244 22,683 24,456 23,563 23,623
SUNFLOWERSEED 3,503 3,761 4,284 4,203 4,123
RAPESEED 4,322 4,345 5,070 5,045 4,792
CORN GLUTEN FEED/M 6,550 6,325 6,455 6,450 6,500
OTHER 4,734 4,880 4,770 4,794 4,830
TOTAL 3/ 34,803 35,669 38,580 37,605 37,368
TOTAL SME 4/ 36,545 37,341 40,019 39,000 38,767
OIL CONSUMPTION 1/
SOYBEAN 1,997 1,848 1,908 1,931 1,984
OLIVE 1,344 1,345 1,325 1,168 1,286
SUNFLOWERSEED 1,803 1,746 1,818 1,837 1,828
RAPESEED 1,718 1,666 2,017 2,178 2,039
OTHER 3,035 3,277 3,369 3,295 3,280
TOTAL 9,897 9,882 10,437 10,409 10,417
IMPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEANS 14,900 12,870 15,594 13,957 14,120
SOYBEAN MEAL 13,120 13,877 14,055 13,834 13,757
SUNFLOWERSEED 812 1,457 1,663 1,826 1,438
EXPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEAN MEAL 1,091 571 715 682 664
SOYBEAN OIL 516 368 710 598 601
RAPESEED OIL 570 906 900 732 608
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: JANUARY 1997
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 2,800
TOTAL 3,743 3,358 3,096 4,615 3,280
PROTEIN MEAL CONSUMPTION
SOYBEAN 1,435 540 450 290 381
SUNFLOWERSEED 1,106 765 635 890 855
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 1,748
TOTAL SME 2/ 3,214 1,984 1,776 1,857 1,910
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 105 146 205 270 150
COTTONSEED OIL 127 108 120 100 105
EXPORTS 3/
SUNFLOWERSEED 76 450 533 950 670
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: JANUARY 1997
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 6,860
PEANUTS 5,953 8,420 9,682 10,200 9,500
RAPESEED 7,653 6,940 7,492 9,777 8,800
SOYBEANS 10,300 15,310 16,000 13,500 12,500
SUNFLOWERSEED 1,472 1,282 1,370 1,270 1,360
TOTAL 33,038 38,610 42,248 43,187 39,020
PROTEIN MEAL CONSUMPTION
SOYBEAN 3,274 5,110 5,329 6,867 7,875
COTTONSEED 1,966 2,088 2,513 2,854 2,130
RAPESEED 3,375 3,396 4,236 5,145 4,610
PEANUT 1,116 1,580 2,127 2,277 2,187
OTHER 1,145 1,032 1,300 1,220 1,297
TOTAL 1/ 10,876 13,206 15,505 18,363 18,099
TOTAL SME 2/ 9,901 12,271 14,417 16,967 16,992
OIL CONSUMPTION
SOYBEAN 770 1,763 2,527 2,611 2,617
COTTONSEED 869 775 897 995 782
PALM 700 1,136 1,437 806 1,400
RAPESEED 2,363 2,314 2,997 3,088 2,864
PEANUT 769 1,059 1,359 1,429 1,373
OTHER 277 240 304 229 247
TOTAL 1/ 5,748 7,287 9,521 9,158 9,283
IMPORTS 3/
SOYBEANS 150 125 149 794 1,500
RAPESEED 5 0 235 0 0
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 153 360 944 303 350
EXPORTS 3/
SOYBEANS 300 1,100 394 222 200
PEANUTS 300 472 474 457 400
SOYBEAN MEAL 400 1,050 1,275 100 100
COTTONSEED MEAL 950 525 500 490 500
RAPESEED MEAL 898 450 86 307 300
PALM OIL 100 284 230 200 200
PEANUT OIL 13 66 13 6 6
RAPESEED OIL 64 93 242 119 100
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: JANUARY 1997
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