March 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-324), March 11, 1997.
This report was prepared by the Cotton, Oilseeds, Tobacco and Seeds Division, FAS. Room 5632. 14th and Independence Ave. Washington DC 20250-1050. 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 April 14, 1997.
Summary
U.S. domestic use of soybean meal and oil were increased this month based on strong year-to-date disappearance. Soybean crush was raised 272,000 tons (10 million bushels) to a record 38.6 million tons (1.4 billion bushels) reflecting strong product demand. Soybean ending stocks remained unchanged as slight reductions in soybean exports and residual use balanced the increased crush forecast. While soybean exports remain strong on a year-to-date basis, net foreign demand for the remainder of this marketing year is viewed to be a little weaker than a month ago. Increased oilseed production prospects in several countries which are not fully offset by increased consumption prospects are expected to boost exportable supplies thereby reducing demand for U.S. soybeans.
Prospective U.S. soybean and product season-average prices are all higher this month as supply and use balances remain very tight, particularly for soybeans and soybean meal. Soybean prices are forecast at $6.90 to $7.30 per bushel while soybean meal prices are forecast at $235 to $255 per short ton. Soybean oil prices are forecast at 23.0 to 24.5 cents per pound.
World oilseed production is forecast at 259.1 million tons, up 1.8 million tons from last month, helped by improved crop prospects for soybeans in Brazil, Paraguay, and China and for rapeseed in India and China. Record soybean crops are forecast for Brazil, at 27.0 million tons, and Paraguay, at 2.7 million tons. Very good growing conditions in these countries are contributing to record yields. China's soybean production is estimated at 13.0 million tons, up 0.5 million tons from last month but below last year's 13.5-million-ton crop. Globally, soybean production is forecast at 134.0 million tons, up 1.2 million tons from last month and up 9.2 million tons from last year. Foreign soybean crush and imports were both increased this month, but by less than the increase in supplies, adding to ending stocks. Crush and imports were increased for Mexico, the EU, and China. China's soybean import forecast was increased to 1.9 million tons this month, up 0.2 million tons, while soybean crush was increased 0.6 million tons.
TABLE 1.
MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 117.34 117.75 137.78 124.76 132.81 133.98
COTTONSEED 31.59 29.48 32.88 35.41 33.39 33.49
PEANUT 23.08 24.00 26.48 26.08 26.28 26.20
SUNFLOWERSEED 21.28 20.74 23.37 25.77 24.28 24.14
RAPESEED 25.31 26.71 30.29 34.58 30.05 30.63
COPRA 4.92 4.97 5.48 4.95 5.14 5.34
PALM KERNEL 4.00 4.25 4.62 4.96 5.30 5.30
TOTAL 227.52 227.89 260.90 256.50 257.25 259.08
EXPORTS
SOYBEAN 29.81 28.16 32.18 31.74 34.41 34.97
COTTONSEED 0.91 0.91 1.03 0.92 0.83 0.79
PEANUT 1.34 1.43 1.53 1.57 1.49 1.46
SUNFLOWERSEED 1.87 2.57 3.19 3.60 3.08 2.57
RAPESEED 4.02 5.28 5.86 5.64 5.21 5.22
COPRA 0.23 0.24 0.21 0.19 0.19 0.19
PALM KERNEL 0.06 0.07 0.06 0.06 0.06 0.06
TOTAL 38.23 38.65 44.07 43.72 45.26 45.26
IMPORTS
SOYBEAN 30.42 28.37 32.79 32.51 34.17 34.52
COTTONSEED 0.91 0.89 1.06 0.91 0.86 0.79
PEANUT 1.32 1.44 1.52 1.49 1.50 1.45
SUNFLOWERSEED 1.97 2.51 3.14 3.53 3.08 2.53
RAPESEED 4.01 5.20 5.91 5.43 5.26 5.22
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 44.71 44.16 45.17 44.81
CRUSH
SOYBEAN 96.75 102.06 109.92 112.36 114.12 114.82
COTTONSEED 24.96 22.98 25.29 28.01 25.72 25.85
PEANUT 12.53 12.83 14.41 14.09 14.37 14.40
SUNFLOWERSEED 18.63 17.95 20.55 22.40 22.32 21.99
RAPESEED 22.78 24.32 27.15 30.27 28.17 28.54
COPRA 4.90 4.95 5.50 4.94 5.17 5.37
PALM KERNEL 3.90 4.26 4.51 4.93 5.23 5.23
TOTAL 184.44 189.36 207.34 217.00 215.11 216.21
ENDING STOCKS
SOYBEAN 20.26 17.38 23.63 17.33 16.09 16.44
COTTONSEED 0.46 0.53 0.63 0.63 0.71 0.69
PEANUT 0.81 0.60 0.74 0.55 0.52 0.48
SUNFLOWERSEED 0.60 0.76 0.92 1.57 1.28 1.14
RAPESEED 1.14 0.80 0.97 1.79 0.96 0.96
COPRA 0.12 0.11 0.08 0.10 0.08 0.08
PALM KERNEL 0.19 0.12 0.18 0.16 0.17 0.17
TOTAL 23.58 20.30 27.14 22.11 19.81 19.96
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: MARCH 1997
TABLE 2.
MAJOR PROTEIN MEALS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 76.38 81.21 87.19 89.17 90.39 90.92
COTTONSEED 11.46 10.67 11.78 12.96 11.89 11.96
RAPESEED 14.00 14.81 16.49 18.36 17.16 17.41
SUNFLOWERSEED 8.55 8.33 9.45 10.02 10.10 10.13
FISH 5.90 6.35 6.59 6.73 6.33 6.33
PEANUT 5.11 5.24 5.88 5.73 5.86 5.87
COPRA 1.64 1.68 1.88 1.70 1.77 1.83
PALM KERNEL 2.04 2.26 2.40 2.60 2.76 2.76
TOTAL 125.08 130.54 141.65 147.27 146.24 147.21
EXPORTS
SOYBEAN 27.55 29.95 31.30 32.92 32.87 32.63
COTTONSEED 1.46 1.13 1.10 1.16 1.15 1.15
RAPESEED 3.21 3.36 3.55 4.06 3.58 3.56
SUNFLOWERSEED 1.80 2.14 2.80 2.73 2.75 2.99
FISH 3.45 4.11 4.14 4.02 4.14 4.13
PEANUT 0.65 0.85 0.64 0.62 0.61 0.61
COPRA 1.04 1.01 1.30 0.99 1.04 1.11
PALM KERNEL 1.81 1.90 2.05 2.22 2.33 2.33
TOTAL 40.98 44.44 46.88 48.72 48.46 48.49
IMPORTS
SOYBEAN 27.87 29.26 31.22 32.28 33.28 32.67
COTTONSEED 1.45 1.14 1.04 1.09 1.11 1.11
RAPESEED 3.31 3.43 3.80 3.75 3.62 3.60
SUNFLOWERSEED 1.84 2.14 2.72 2.58 2.44 2.96
FISH 3.70 4.05 4.41 4.05 3.95 3.77
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 2.10 2.14 2.19
TOTAL 41.67 43.63 46.91 47.44 48.16 47.92
CONSUMPTION
SOYBEAN 76.07 80.67 86.72 88.92 90.87 91.15
COTTONSEED 11.42 10.70 11.72 12.87 11.85 11.92
RAPESEED 14.08 14.89 16.61 17.97 17.36 17.63
SUNFLOWERSEED 8.58 8.36 9.24 9.80 9.79 10.12
FISH 5.97 6.31 6.56 6.57 6.44 6.28
PEANUT 5.13 5.18 5.91 5.74 5.86 5.88
COPRA 1.65 1.63 1.82 1.69 1.73 1.73
PALM KERNEL 2.10 2.17 2.25 2.49 2.55 2.60
TOTAL 125.00 129.92 140.83 146.04 146.47 147.30
ENDING STOCKS
SOYBEAN 3.73 3.57 3.95 3.56 4.11 3.38
COTTONSEED 0.17 0.15 0.15 0.16 0.16 0.16
RAPESEED 0.48 0.48 0.62 0.70 0.53 0.51
SUNFLOWERSEED 0.26 0.24 0.37 0.44 0.46 0.43
FISH 0.63 0.60 0.90 1.10 0.79 0.79
PEANUT 0.08 0.07 0.03 0.03 0.03 0.03
COPRA 0.12 0.16 0.07 0.07 0.08 0.08
PALM KERNEL 0.24 0.25 0.26 0.25 0.27 0.27
TOTAL 5.70 5.51 6.36 6.31 6.42 5.64
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: MARCH 1997
TABLE 3.
MAJOR VEGETABLE AND MARINE OILS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 17.20 18.25 19.71 20.20 20.39 20.47
PALM 13.01 13.69 14.80 15.69 16.59 16.60
SUNFLOWERSEED 7.35 7.09 8.20 8.88 8.81 8.80
RAPESEED 8.40 9.04 10.09 11.17 10.39 10.49
COTTONSEED 3.67 3.38 3.73 4.07 3.78 3.80
PEANUT 3.60 3.63 4.03 3.96 4.04 4.05
COCONUT 3.10 3.09 3.43 3.07 3.21 3.33
OLIVE 1.80 1.76 1.77 1.61 2.00 2.00
FISH 1.19 1.24 1.52 1.44 1.25 1.25
PALM KERNEL 1.74 1.88 2.00 2.17 2.31 2.31
TOTAL 61.04 63.04 69.29 72.25 72.75 73.09
EXPORTS
SOYBEAN 4.21 4.85 6.08 5.35 5.72 5.89
PALM 1/ 8.60 9.86 9.66 9.87 10.59 10.59
SUNFLOWERSEED 2.15 2.33 3.38 3.37 3.06 3.16
RAPESEED 1.63 2.23 2.64 2.43 2.08 2.19
COTTONSEED 0.50 0.50 0.59 0.54 0.50 0.50
PEANUT 0.23 0.29 0.25 0.26 0.25 0.25
COCONUT 1.70 1.50 1.83 1.56 1.53 1.66
OLIVE 0.57 0.75 0.74 0.63 0.74 0.74
FISH 0.71 0.79 1.06 1.01 0.86 0.86
PALM KERNEL 0.92 0.93 0.84 0.89 0.92 0.92
TOTAL 21.22 24.03 27.08 25.92 26.25 26.75
IMPORTS
SOYBEAN 3.90 4.74 6.11 5.24 5.70 5.78
PALM 1/ 8.30 9.68 9.65 9.82 10.43 10.43
SUNFLOWERSEED 2.13 2.37 3.32 3.30 3.10 3.25
RAPESEED 1.72 2.21 2.77 2.37 2.16 2.24
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 1.47 1.50 1.50
OLIVE 0.68 0.75 0.77 0.66 0.74 0.74
FISH 0.62 0.77 0.94 0.90 0.86 0.86
PALM KERNEL 0.94 0.94 0.81 0.72 0.78 0.78
TOTAL 20.42 23.60 26.96 25.29 26.06 26.37
CONSUMPTION
SOYBEAN 17.22 18.41 19.45 19.78 20.38 20.49
PALM 12.41 13.97 14.72 15.38 16.43 16.44
SUNFLOWERSEED 7.52 7.20 8.05 8.66 8.84 8.95
RAPESEED 8.56 9.02 10.36 11.01 10.50 10.59
COTTONSEED 3.65 3.32 3.69 4.04 3.80 3.83
PEANUT 3.69 3.65 4.07 3.97 4.08 4.08
COCONUT 2.82 2.92 3.37 3.05 3.15 3.15
OLIVE 1.89 1.88 1.88 1.80 1.90 1.90
FISH 1.13 1.19 1.36 1.32 1.28 1.28
PALM KERNEL 1.77 1.95 1.95 1.99 2.15 2.15
TOTAL 60.64 63.51 68.88 71.00 72.50 72.86
ENDING STOCKS
SOYBEAN 2.05 1.77 2.05 2.36 2.27 2.23
PALM 1.72 1.25 1.33 1.59 1.59 1.59
SUNFLOWERSEED 0.81 0.74 0.83 0.98 0.98 0.92
RAPESEED 0.42 0.43 0.30 0.39 0.37 0.35
COTTONSEED 0.10 0.11 0.11 0.11 0.10 0.10
PEANUT 0.06 0.04 0.04 0.05 0.04 0.05
COCONUT 0.25 0.31 0.30 0.22 0.24 0.24
OLIVE 0.98 0.87 0.79 0.63 0.73 0.73
FISH 0.23 0.27 0.30 0.31 0.28 0.28
PALM KERNEL 0.21 0.15 0.17 0.18 0.21 0.21
TOTAL 6.83 5.93 6.22 6.83 6.80 6.69
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
1/ PALM OIL TRADE EXCLUDES TRANSSHIPMENTS THROUGH SINGAPORE
DATE: MARCH 1997
TABLE 4
MAJOR OILSEEDS, PROTEIN MEALS, FATS AND OILS:
WORLD PRODUCTION 1/
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
WORLD OILSEEDS:
SOYBEAN 117.34 117.75 137.78 124.76 132.81 133.98
COTTONSEED 31.59 29.48 32.88 35.41 33.39 33.49
PEANUT 23.08 24.00 26.48 26.08 26.28 26.20
SUNFLOWERSEED 21.28 20.74 23.37 25.77 24.28 24.14
RAPESEED 25.31 26.71 30.29 34.58 30.05 30.63
COPRA 4.92 4.97 5.48 4.95 5.14 5.34
PALM KERNEL 4.00 4.25 4.62 4.96 5.30 5.30
TOTAL 227.52 227.89 260.90 256.50 257.25 259.08
PROTEIN MEALS:
SOYBEAN 76.38 81.21 87.19 89.17 90.39 90.92
COTTONSEED 11.46 10.67 11.78 12.96 11.89 11.96
PEANUT 5.11 5.24 5.88 5.73 5.86 5.87
SUNFLOWERSEED 8.55 8.33 9.45 10.02 10.10 10.13
RAPESEED 14.00 14.81 16.49 18.36 17.16 17.41
COPRA 1.64 1.68 1.88 1.70 1.77 1.83
PALM KERNEL 2.04 2.26 2.40 2.60 2.76 2.76
FISH 5.90 6.35 6.59 6.73 6.33 6.33
TOTAL 125.08 130.54 141.65 147.27 146.24 147.21
44% PROTEIN MEAL EQUIVALENT 2/:
SOYBEAN 76.38 81.21 87.19 89.17 90.39 90.92
COTTONSEED 9.29 8.64 9.54 10.50 9.64 9.69
PEANUT 5.74 5.89 6.61 6.44 6.58 6.60
SUNFLOWERSEED 8.07 7.87 8.92 9.46 9.54 9.57
RAPESEED 9.96 10.54 11.73 13.06 12.21 12.38
COPRA 0.74 0.76 0.85 0.77 0.80 0.83
PALM KERNEL 0.73 0.80 0.85 0.93 0.98 0.98
FISH 8.53 9.17 9.53 9.73 9.15 9.15
TOTAL 119.44 124.88 135.22 140.06 139.27 140.12
FATS & OILS
EDIBLE VEGETABLE:
SOYBEAN 17.20 18.25 19.71 20.20 20.39 20.47
COTTONSEED 3.67 3.38 3.73 4.07 3.78 3.80
PEANUT 3.60 3.63 4.03 3.96 4.04 4.05
SUNFLOWERSEED 7.35 7.09 8.20 8.88 8.81 8.80
RAPESEED 8.40 9.04 10.09 11.17 10.39 10.49
OLIVE 1.80 1.76 1.77 1.61 2.00 2.00
COCONUT 3.10 3.09 3.43 3.07 3.21 3.33
PALM KERNEL 1.74 1.88 2.00 2.17 2.31 2.31
PALM 13.01 13.69 14.80 15.69 16.59 16.60
TOTAL 59.85 61.80 67.77 70.81 71.50 71.84
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) 72.94 74.86 81.27 84.54 85.04 85.38
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: MARCH 1997
TABLE 5.
MAJOR OILSEEDS: 1/
AREA AND PRODUCTION BY MAIN PRODUCERS
AVG 90/91-94/95 PRELIM 1995/96 FORCAST 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 23.70 11.80 27.00
CHINA 8.10 12.46 8.13 13.50 7.50 13.00
ARGENTINA 5.11 11.81 5.98 12.64 6.20 13.50
EUROPEAN UNION 5/ 0.46 1.35 0.29 0.94 0.31 1.07
PARAGUAY 0.98 1.67 1.10 2.40 1.20 2.70
OTHER 8.89 10.85 9.95 12.33 10.36 11.88
TOTAL 57.73 116.87 61.34 124.76 63.04 133.98
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 9.06 5.37 8.87 5.33
PAKISTAN 2.76 3.23 3.05 3.57 3.20 3.05
BRAZIL 1.48 0.96 1.13 0.66 0.75 0.50
OTHER 6.90 6.51 8.07 7.87 8.40 8.35
TOTAL 32.58 32.78 35.78 35.41 33.76 33.49
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 0.10 0.13
OTHER 5.47 4.78 5.48 5.00 5.46 4.96
TOTAL 19.51 23.57 19.56 26.08 19.83 26.20
SUNFLOWERSEED
FSU-12 4.88 5.49 6.56 7.38 6.37 5.21
ARGENTINA 2.45 4.17 3.20 5.60 2.90 5.40
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 0.82 1.29
EUROPEAN UNION 5/ 2.68 4.00 2.38 3.24 2.33 3.94
OTHER 4.29 3.20 4.46 3.74 4.40 3.56
TOTAL 17.63 22.01 20.71 25.77 19.93 24.14
RAPESEED
CHINA 5.74 7.30 6.91 9.78 6.67 9.06
EUROPEAN UNION 5/ 2.58 6.96 2.84 8.30 2.64 7.30
CANADA 3.71 4.82 5.27 6.44 3.48 5.04
INDIA 6.23 5.45 6.40 6.20 6.40 6.30
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 1.66
TOTAL 20.25 27.14 24.13 34.58 21.52 30.63
TOTAL OILSEEDS 147.69 222.37 161.52 246.59 158.08 248.45
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: MARCH 1997
TABLE 6
SOYBEANS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 59.61 50.92 68.49 59.24 64.84 64.84
BRAZIL 22.50 24.70 25.90 23.70 26.50 27.00
ARGENTINA 11.35 12.40 12.65 12.64 13.50 13.50
CHINA 10.30 15.31 16.00 13.50 12.50 13.00
EUROPEAN UNION 1.27 0.81 1.03 0.94 1.07 1.07
PARAGUAY 1.75 1.80 2.20 2.40 2.50 2.70
OTHER 10.55 11.81 11.51 12.34 11.90 11.88
TOTAL 117.34 117.75 137.78 124.76 132.81 133.98
EXPORTS
UNITED STATES 20.94 16.03 22.81 23.17 24.63 24.49
BRAZIL 4.06 5.43 3.57 3.30 4.20 5.20
ARGENTINA 2.42 3.07 2.56 2.00 2.50 2.00
PARAGUAY 1.25 1.20 1.45 1.60 1.55 1.75
CHINA 0.30 1.10 0.39 0.22 0.20 0.20
OTHER 0.84 1.33 1.40 1.45 1.33 1.33
TOTAL 29.81 28.16 32.18 31.74 34.41 34.97
IMPORTS
EUROPEAN UNION 15.17 13.11 16.05 14.22 14.50 14.70
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 2.34 2.44 2.64
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 0.16 0.80 1.70 1.90
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 2.63 2.57 2.57
INDONESIA 0.53 0.71 0.62 0.70 0.70 0.75
MEXICO 2.14 2.20 1.87 2.65 2.65 2.75
BRAZIL 0.38 0.11 1.20 0.80 1.00 0.80
OTHER 2.93 2.94 3.35 3.76 4.02 4.02
TOTAL 30.42 28.37 32.79 32.51 34.17 34.52
CRUSH
UNITED STATES 34.81 34.72 38.24 37.28 38.37 38.65
LATIN AMERICA 28.44 31.90 33.49 36.83 37.29 36.92
BRAZIL 15.55 18.44 20.19 21.55 21.30 20.50
ARGENTINA 8.49 8.77 8.69 10.20 10.50 10.85
MEXICO 2.67 2.64 2.33 2.65 2.77 2.87
EUROPEAN UNION 14.09 12.24 14.43 13.49 13.65 13.85
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 0.55
ASIA 15.85 19.56 19.66 20.48 20.23 20.83
JAPAN 3.79 3.70 3.76 3.70 3.75 3.75
CHINA 4.49 7.61 8.09 7.45 7.70 8.30
TAIWAN 2.32 2.24 2.34 2.34 2.27 2.27
OTHER 2.36 2.42 2.88 3.10 3.21 3.21
TOTAL 96.75 102.06 109.92 112.36 114.12 114.82
ENDING STOCKS
UNITED STATES 7.96 5.69 9.11 4.99 3.80 3.80
BRAZIL 6.12 5.46 7.10 5.15 5.30 5.50
ARGENTINA 3.70 3.80 4.77 4.73 4.73 4.88
OTHER 2.49 2.43 2.65 2.46 2.26 2.26
TOTAL 20.26 17.38 23.63 17.33 16.09 16.44
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: MARCH 1997
TABLE 7
SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1995/96 1996/97
PRODUCTION
UNITED STATES 27.55 27.68 30.18 29.50 30.25 30.41
LATIN AMERICA 22.46 25.24 26.55 29.26 29.59 29.32
BRAZIL 12.17 14.50 15.87 16.94 16.74 16.19
ARGENTINA 6.86 7.09 7.02 8.28 8.48 8.71
MEXICO 2.08 2.06 1.86 2.12 2.21 2.29
EUROPEAN UNION 10.98 9.85 11.49 10.75 10.90 11.06
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 16.30 16.05 16.54
JAPAN 2.94 2.85 2.88 2.87 2.87 2.87
CHINA 3.63 6.16 6.55 6.04 6.24 6.72
TAIWAN 1.78 1.75 1.80 1.83 1.77 1.77
INDIA 2.25 2.88 2.20 3.20 2.82 2.82
OTHER 1.87 1.91 2.27 2.44 2.53 2.53
TOTAL 76.38 81.21 87.19 89.17 90.39 90.92
EXPORTS
UNITED STATES 5.65 4.86 6.09 5.45 6.03 6.03
BRAZIL 8.17 10.31 10.83 11.78 11.40 10.80
ARGENTINA 6.54 6.76 6.73 8.25 8.20 8.50
EUROPEAN UNION 4.04 3.85 3.67 3.56 3.44 3.50
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 31.30 32.92 32.87 32.63
IMPORTS
EUROPEAN UNION 15.49 16.47 16.80 16.42 16.12 15.44
FRANCE 3.50 3.80 3.79 3.34 3.40 3.33
GERMANY 2.22 2.12 1.99 1.90 1.75 1.70
NETHERLANDS 1.40 1.37 1.78 1.70 1.70 1.60
ITALY 1.62 1.75 1.90 1.90 1.90 1.80
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 6.50 7.90 7.95
MID-EAST/N AFR 2.20 2.69 3.01 3.34 3.24 3.24
LATIN AMERICA 1.96 2.28 2.38 2.57 2.73 2.73
OTHER 0.97 1.01 1.18 1.12 1.02 1.04
TOTAL 27.87 29.26 31.22 32.28 33.28 32.67
CONSUMPTION
UNITED STATES 22.00 22.94 24.08 24.11 24.31 24.50
LATIN AMERICA 8.86 9.66 10.61 11.22 11.55 11.70
BRAZIL 3.92 4.19 5.10 5.30 5.35 5.40
ARGENTINA 0.16 0.25 0.31 0.28 0.25 0.28
MEXICO 2.48 2.41 2.22 2.42 2.51 2.59
EUROPEAN UNION 22.24 22.68 24.42 23.62 23.56 22.98
FRANCE 3.81 4.03 4.30 3.79 3.86 3.79
GERMANY 3.49 3.37 3.37 3.27 3.22 3.17
NETHERLANDS 2.51 2.52 3.11 2.94 3.08 2.92
ITALY 3.15 3.16 3.24 3.20 3.27 3.17
SPAIN 3.32 3.30 3.50 3.51 3.34 3.24
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 20.24 21.75 22.28
JAPAN 3.79 3.73 3.70 3.55 3.60 3.60
CHINA 3.27 5.11 5.33 6.87 8.24 8.72
TAIWAN 1.94 1.88 1.86 1.85 1.80 1.80
KOREA, REP OF 1.45 1.49 1.77 1.84 1.84 1.84
MID-EAST/N AFR 2.85 3.39 3.96 4.33 4.23 4.23
OTHER 1.93 2.01 2.30 2.36 2.35 2.35
TOTAL 76.07 80.67 86.72 88.92 90.87 91.15
ENDING STOCKS
UNITED STATES 0.19 0.14 0.20 0.21 0.18 0.18
BRAZIL 0.60 0.61 0.54 0.40 0.63 0.39
ARGENTINA 0.48 0.56 0.54 0.30 0.72 0.23
OTHER 2.46 2.27 2.67 2.66 2.58 2.58
TOTAL 3.73 3.57 3.95 3.56 4.11 3.38
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: MARCH 1997
TABLE 8
SOYBEAN OIL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM FEB. MAR.
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 6.25 6.33 7.08 6.91 6.96 7.01
LATIN AMERICA 5.12 5.81 6.10 6.69 6.80 6.70
BRAZIL 2.91 3.47 3.80 4.03 4.00 3.85
ARGENTINA 1.44 1.52 1.50 1.76 1.82 1.86
MEXICO 0.45 0.45 0.40 0.45 0.49 0.49
EUROPEAN UNION 2.54 2.24 2.58 2.42 2.48 2.48
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 3.44 3.49 3.49
JAPAN 0.69 0.66 0.67 0.67 0.67 0.67
CHINA 0.67 1.14 1.21 1.15 1.28 1.28
TAIWAN 0.42 0.39 0.40 0.41 0.40 0.40
OTHER 0.39 0.42 0.50 0.53 0.55 0.55
TOTAL 17.20 18.25 19.71 20.20 20.39 20.47
EXPORTS
UNITED STATES 0.64 0.69 1.22 0.45 0.84 0.84
BRAZIL 0.69 1.35 1.55 1.63 1.50 1.45
ARGENTINA 1.45 1.45 1.50 1.55 1.70 1.80
EUROPEAN UNION 1.06 0.91 1.29 1.14 1.12 1.13
OTHER 0.37 0.46 0.52 0.58 0.56 0.67
TOTAL 4.21 4.85 6.08 5.35 5.72 5.89
IMPORTS
UNITED STATES 0.01 0.03 0.01 0.04 0.05 0.03
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 1.55 1.55
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 1.19 1.19
IRAN 0.43 0.49 0.50 0.34 0.38 0.38
MOROCCO 0.17 0.18 0.15 0.12 0.18 0.18
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 0.85 0.92
BRAZIL 0.14 0.24 0.18 0.10 0.10 0.18
MEXICO 0.07 0.08 0.07 0.05 0.07 0.07
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 0.98 1.01
TOTAL 3.90 4.74 6.11 5.24 5.70 5.78
CONSUMPTION
UNITED STATES 5.92 5.87 5.86 6.11 6.19 6.26
LATIN AMERICA 3.62 3.73 3.97 3.99 4.14 4.16
BRAZIL 2.28 2.32 2.47 2.53 2.60 2.60
ARGENTINA 0.07 0.07 0.08 0.08 0.08 0.09
MEXICO 0.53 0.52 0.45 0.49 0.52 0.54
EUROPEAN UNION 2.00 1.85 1.92 1.96 1.96 1.99
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 3.43 4.49 5.22 5.52 5.61 5.62
JAPAN 0.69 0.67 0.68 0.67 0.68 0.68
CHINA 0.77 1.76 2.53 2.61 2.70 2.68
TAIWAN 0.38 0.39 0.39 0.40 0.39 0.39
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 1.41 1.41
IRAN 0.45 0.52 0.52 0.36 0.40 0.40
MOROCCO 0.18 0.18 0.16 0.13 0.19 0.19
TURKEY 0.22 0.18 0.19 0.18 0.19 0.19
OTHER 0.51 0.50 0.59 0.58 0.63 0.63
TOTAL 17.22 18.41 19.45 19.78 20.38 20.49
ENDING STOCKS
UNITED STATES 0.71 0.50 0.52 0.91 0.89 0.86
BRAZIL 0.32 0.35 0.31 0.28 0.31 0.25
ARGENTINA 0.21 0.21 0.13 0.26 0.18 0.23
OTHER 0.82 0.71 1.10 0.92 0.89 0.89
TOTAL 2.05 1.77 2.05 2.36 2.27 2.23
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: MARCH 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 6,033 450 839
BRAZIL 3,300 5,200 11,778 10,800 1,630 1,450
ARGENTINA 2,000 2,000 8,250 8,500 1,550 1,800
EUROPEAN UNION 351 317 3,555 3,495 1,138 1,127
SPAIN 0 0 30 40 178 188
PORTUGAL 4 4 25 20 55 54
PARAGUAY 1,600 1,750 508 587 124 135
OTHER 1,324 1,209 3,383 3,212 458 536
WORLD TOTAL 31,740 34,970 32,919 32,627 5,350 5,887
SELECTED IMPORTERS
EUROPEAN UNION 14,219 14,695 16,415 15,435 627 614
GERMANY 2,850 3,000 1,900 1,700 150 160
NETHERLANDS 4,370 4,350 1,700 1,600 29 28
SPAIN 2,335 2,635 1,969 1,600 5 8
ITALY 1,160 1,110 1,900 1,800 20 15
BEL-LUX 1,213 1,212 1,050 1,010 62 60
PORTUGAL 650 620 160 150 6 7
FRANCE 590 750 3,340 3,325 59 70
U.K. 639 615 1,650 1,650 165 132
DENMARK 70 73 1,568 1,435 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 11,720 13,024 6,147 7,565 2,261 2,481
JAPAN 4,800 4,860 700 750 10 7
TAIWAN 2,627 2,574 28 30 4 2
KOREA, REP OF 1,400 1,400 1,000 900 35 35
INDONESIA 700 750 950 1,025 9 10
PHILIPPINES 130 140 900 965 16 18
INDIA 0 0 0 0 60 110
PAKISTAN 25 25 70 70 150 160
MID-EAST/N AFR 1,005 1,068 3,340 3,244 1,016 1,193
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 52 80 116 180
TUNISIA 0 0 170 190 90 100
ALGERIA 0 0 370 350 110 120
TURKEY 180 220 275 250 135 150
LATIN AMERICA 4,814 4,232 2,568 2,728 855 896
MEXICO 2,653 2,750 300 300 50 70
VENEZUELA 285 295 530 550 100 100
CANADA 70 100 716 650 43 30
OTHER 426 431 761 767 321 342
WORLD TOTAL 32,506 34,517 32,275 32,667 5,241 5,782
DATE: MARCH 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 5,710 5,896
TOTAL CONSUM MY 5,308 5,582 6,110 6,909 7,345
TOTAL IMPORTS MY 89 264 680 1,219 1,449
PALM OIL (OCT-SEP) 30 200 480 970 950
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 2,554 2,320
TOTAL CONSUM MY 2,798 2,488 2,262 2,707 2,646
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 404 324 343 435 387
TOTAL CONSUM MY 1,591 1,607 1,706 1,740 1,829
TOTAL IMPORTS MY 1,141 1,236 1,381 1,304 1,439
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 1,000 895 939
TOTAL IMPORTS MY 626 816 899 801 816
SUNSEED OIL (OCT-SEP) 200 180 280 200 205
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 1,106 875 941
TOTAL IMPORTS MY 547 659 1,055 821 886
PALM OIL (OCT-SEP) 48 113 54 50 50
SOYBEAN OIL (OCT-SEP) 433 494 500 340 380
SUNSEED OIL (OCT-SEP) 65 51 500 430 455
ALGERIA
TOTAL PROD MY 24 18 14 16 16
TOTAL CONSUM MY 414 472 522 502 524
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 78 81
TOTAL CONSUM MY 328 307 340 329 312
TOTAL IMPORTS MY 237 238 233 254 239
SOYBEAN OIL (OCT-SEP) 169 178 147 116 180
RAPESEED OIL (OCT-SEP) 60 51 77 129 50
NIGERIA
TOTAL PROD MY 835 774 785 766 770
TOTAL CONSUM MY 965 912 943 966 920
TOTAL IMPORTS MY 120 128 158 180 150
PALM OIL (OCT-SEP) 100 100 130 160 150
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 6,314
TOTAL CONSUM MY 5,748 7,287 9,521 9,158 9,318
TOTAL IMPORTS MY 1,115 2,487 4,431 2,811 3,482
PALM OIL (OCT-SEP) 800 1,420 1,667 1,006 1,500
SOYBEAN OIL (OCT-SEP) 100 640 1,702 1,445 1,550
RAPESEED OIL (OCT-SEP) 153 360 944 303 375
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 14,182 14,336 14,990 16,653 16,255
TOTAL CONSUM MY 19,362 21,411 24,774 25,225 25,915
TOTAL IMPORTS MY 5,666 7,869 11,093 9,519 10,521
PALM OIL MY 2,490 3,789 4,381 4,217 4,766
SOYBEAN OIL MY 1,600 2,342 3,499 2,801 3,175
SUNSEED OIL MY 730 715 1,481 1,425 1,569
RAPESEED OIL MY 394 571 1,144 615 540
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: MARCH 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 74,932 451 25,139 43,680 4,937
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 5,908 - 223
1993/94(93) - 30,154 1,024 5,098 - 200
1994/95(94) - 33,199 860 6,357 - 262
1995/96(95) - 32,269 1,048 5,686 - 267
1996/97(96) - 33,074 1,081 6,246 - 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) - 8,263 1,427 1,481 - 1,152
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: MARCH 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 38,646 3,800
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) - 30,410 91 6,033 - 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) - 7,013 34 839 - 862
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: MARCH 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 23,700 1,300 3,500 20,050 610
1997/98(96) 11,800 27,000 600 5,200 20,700 610
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) - 13,161 0 9,301 - 526
1994/95(93) - 14,726 0 10,519 - 434
1995/96(94) - 16,977 0 11,859 - 452
1996/97(95) - 15,759 0 10,369 - 342
1997/98(96) - 16,270 0 10,600 - 312
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) - 3,729 150 1,447 - 144
1997/98(96) - 3,850 150 1,500 - 144
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: MARCH 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 2,633 9,319 674
1996/97(95) 5,980 12,640 0 2,000 10,174 580
1997/98(96) 6,200 13,500 0 2,000 11,150 407
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 - 151
1993/94(92) - 7,019 0 6,835 - 201
1994/95(93) - 7,102 0 6,881 - 202
1995/96(94) - 7,530 0 7,150 - 307
1996/97(95) - 8,241 0 8,150 - 148
1997/98(96) - 9,032 0 8,700 - 180
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) - 1,612 0 1,562 - 22
1996/97(95) - 1,760 0 1,649 - 51
1997/98(96) - 1,929 0 1,840 - 55
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: MARCH 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 0 550 4,950 125
1997/98(96) 2,900 5,400 0 200 5,125 125
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) - 2,079 0 1,954 - 180
1997/98(96) - 2,153 0 2,053 - 180
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) - 1,296 0 920 - 103
1995/96(94) - 1,980 0 1,494 - 169
1996/97(95) - 1,964 0 1,500 - 174
1997/98(96) - 2,034 0 1,550 - 158
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: MARCH 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 7,295
SUNFLOWERSEED 4,056 3,506 4,026 3,236 3,939
SOYBEANS 1,274 807 1,029 939 1,070
OTHER 540 594 647 718 636
TOTAL 12,425 11,501 12,687 13,190 12,940
PROTEIN MEAL CONSUMPTION 1/
SOYBEAN 22,244 22,683 24,424 23,615 22,980
SUNFLOWERSEED 3,503 3,761 4,284 4,203 4,658
RAPESEED 4,322 4,345 5,070 4,957 4,864
CORN GLUTEN FEED/M 6,550 6,325 6,455 6,450 6,500
OTHER 4,734 4,880 4,770 4,835 4,863
TOTAL 3/ 34,803 35,669 38,548 37,610 37,365
TOTAL SME 4/ 36,545 37,341 39,987 39,000 38,684
OIL CONSUMPTION 1/
SOYBEAN 1,997 1,848 1,920 1,955 1,990
OLIVE 1,328 1,343 1,344 1,306 1,378
SUNFLOWERSEED 1,803 1,746 1,818 1,837 1,764
RAPESEED 1,718 1,666 2,017 2,117 2,078
OTHER 3,035 3,277 3,369 3,305 3,274
TOTAL 9,881 9,880 10,468 10,520 10,484
IMPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEANS 14,900 12,870 15,695 13,916 14,424
SOYBEAN MEAL 13,120 13,877 13,903 13,578 12,692
SUNFLOWERSEED 812 1,457 1,611 2,033 1,263
EXPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEAN MEAL 1,091 571 771 718 752
SOYBEAN OIL 516 368 703 556 609
RAPESEED OIL 570 906 1,067 893 693
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 COTTON, OILSEEDS, TOBACCO
USDA ESTIMATES and SEEDS DIVISION
DATE: MARCH 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 1,106 765 635 860 845
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 1,668 1,738
TOTAL SME 2/ 3,214 1,984 1,776 1,829 1,900
OIL CONSUMPTION
SOYBEAN 90 100 60 62 84
COTTONSEED 127 108 120 100 105
SUNFLOWERSEED 970 830 830 1,026 1,030
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 1,357 1,358
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 1,200 670
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 COTTON, OILSEEDS, TOBACCO
USDA ESTIMATES and SEEDS DIVISION
DATE: MARCH 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 9,060
SOYBEANS 10,300 15,310 16,000 13,500 13,000
SUNFLOWERSEED 1,472 1,282 1,370 1,270 1,290
TOTAL 33,038 38,610 42,248 43,187 39,710
PROTEIN MEAL CONSUMPTION
SOYBEAN 3,274 5,110 5,329 6,867 8,723
COTTONSEED 1,966 2,088 2,513 2,854 2,130
RAPESEED 3,375 3,396 4,236 5,145 4,771
PEANUT 1,116 1,580 2,127 2,277 2,187
OTHER 1,145 1,032 1,300 1,220 1,256
TOTAL 1/ 10,876 13,206 15,505 18,363 19,067
TOTAL SME 2/ 9,901 12,271 14,417 16,967 17,916
OIL CONSUMPTION
SOYBEAN 770 1,763 2,527 2,611 2,681
COTTONSEED 869 775 897 995 782
PALM 700 1,136 1,437 806 1,300
RAPESEED 2,363 2,314 2,997 3,088 2,950
PEANUT 769 1,059 1,359 1,429 1,373
OTHER 277 240 304 229 232
TOTAL 1/ 5,748 7,287 9,521 9,158 9,318
IMPORTS 3/
SOYBEANS 150 125 155 795 1,900
RAPESEED 5 0 235 0 0
FISHMEAL 424 434 668 660 625
PALM OIL 800 1,420 1,667 1,006 1,500
SOYBEAN OIL 100 640 1,702 1,445 1,550
RAPESEED OIL 153 360 944 303 375
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 93 242 119 125
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 COTTON, OILSEEDS, TOBACCO
USDA ESTIMATES and SEEDS DIVISION
DATE: MARCH 1997
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