June 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-327), June 12, 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 July 14, 1997.
Summary
U.S. supply and use forecasts for both 1996/97 and 1997/98 are little changed this month reflecting mainly changes to U.S. soybean trade. Soybean imports for 1996/97 are increased 272,000 tons (10 million bushels) for 1996/97 to 549,000 tons (20 million bushels). Soybean crush and ending stocks are up 136,000 tons (5 million bushels) each from last month but stocks going into 1997/98 are still a very tight 3.5 million tons (130 million bushels). Soybean oil production is unchanged as a lower extraction rate offsets a slightly larger crush.
U.S. soybean ending stocks for 1997/98 are reduced 548,000 tons (20 million bushels) this month to 6.5 million tons (240 million bushels) based on upward revisions for soybean and soybean meal exports. Record large Brazilian soybean exports in 1996/97 and the lowest September stocks since 1986/87 are expected to give a strong boost to Brazil's soybean imports in early 1997/98.
U.S. soybean season average prices are increased slightly for 1997/98 to $5.60 to $7.00 per bushel. Soybean product prices are unchanged from last month in 1997/98 but the soybean oil price for 1996/97 is slightly reduced to 23.25 cents per pound.
Global oilseed supplies are little changed this month for 1996/97. Oilseed production in 1996/97 is up slightly to 258 million tons. Reduced soybean crop estimates for Argentina and Ecuador were nearly offset by increases in India's soybean crop and China's peanut crop estimates. Late season dry weather in Argentina has hurt second crop soybean yields and production is lowered to 12.0 million tons, off 400,000 from last month. Other significant changes this month include upward revisions for China's soybean and soybean meal imports in 1996/97 to 2.1 million and 2.7 million tons respectively up 200,000 tons each from last month.
TABLE 1.
MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 117.34 117.75 137.63 124.45 132.52 132.23
COTTONSEED 31.60 29.49 32.88 35.46 34.05 34.05
PEANUT 23.11 24.00 26.44 26.18 26.14 26.77
SUNFLOWERSEED 21.28 20.74 23.37 25.77 23.92 23.75
RAPESEED 25.31 26.71 30.29 34.57 30.55 30.61
COPRA 4.92 4.97 5.48 4.95 5.34 5.34
PALM KERNEL 3.99 4.25 4.62 4.96 5.30 5.30
TOTAL 227.55 227.89 260.70 256.33 257.80 258.04
EXPORTS
SOYBEAN 29.81 28.16 32.12 31.90 34.90 35.41
COTTONSEED 0.91 0.91 1.03 0.94 0.78 0.77
PEANUT 1.34 1.45 1.51 1.52 1.43 1.48
SUNFLOWERSEED 1.87 2.57 3.19 3.76 2.89 2.74
RAPESEED 4.02 5.28 5.85 5.60 5.12 5.19
COPRA 0.23 0.24 0.21 0.18 0.19 0.19
PALM KERNEL 0.06 0.06 0.06 0.06 0.06 0.06
TOTAL 38.23 38.67 43.97 43.96 45.37 45.83
IMPORTS
SOYBEAN 30.42 28.37 32.81 32.12 34.84 35.44
COTTONSEED 0.91 0.89 1.04 0.87 0.78 0.79
PEANUT 1.32 1.44 1.53 1.54 1.48 1.51
SUNFLOWERSEED 1.97 2.51 3.14 3.75 2.87 2.72
RAPESEED 4.01 5.20 5.91 5.56 5.18 5.20
COPRA 0.25 0.26 0.24 0.22 0.25 0.24
PALM KERNEL 0.08 0.04 0.05 0.05 0.05 0.05
TOTAL 38.96 38.69 44.72 44.11 45.44 45.95
CRUSH
SOYBEAN 96.75 102.06 109.83 112.15 114.72 114.98
COTTONSEED 24.96 22.98 25.26 28.12 26.35 26.28
PEANUT 12.53 12.83 14.39 14.11 14.46 14.76
SUNFLOWERSEED 18.63 17.95 20.55 22.45 21.97 21.69
RAPESEED 22.78 24.32 27.15 30.67 28.58 28.50
COPRA 4.90 4.95 5.50 4.94 5.37 5.37
PALM KERNEL 3.89 4.26 4.51 4.93 5.22 5.22
TOTAL 184.44 189.36 207.19 217.37 216.67 216.79
ENDING STOCKS
SOYBEAN 20.27 17.34 23.70 16.73 14.17 13.83
COTTONSEED 0.46 0.53 0.63 0.59 0.65 0.62
PEANUT 0.83 0.61 0.75 0.67 0.53 0.52
SUNFLOWERSEED 0.63 0.79 0.94 1.61 0.99 1.19
RAPESEED 1.14 0.80 0.97 1.63 0.92 1.00
COPRA 0.12 0.11 0.08 0.09 0.08 0.08
PALM KERNEL 0.19 0.12 0.18 0.16 0.17 0.17
TOTAL 23.64 20.30 27.24 21.48 17.50 17.41
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JUNE 1997
TABLE 2.
MAJOR PROTEIN MEALS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 76.45 81.27 87.17 89.19 91.01 91.20
COTTONSEED 11.46 10.67 11.74 13.15 12.17 12.34
RAPESEED 14.00 14.81 16.49 18.65 17.43 17.39
SUNFLOWERSEED 8.61 8.36 9.50 10.05 10.01 9.81
FISH 5.90 6.35 6.59 6.67 6.33 6.27
PEANUT 5.11 5.24 5.87 5.74 5.89 6.01
COPRA 1.64 1.68 1.88 1.69 1.83 1.82
PALM KERNEL 2.04 2.25 2.39 2.60 2.75 2.75
TOTAL 125.20 130.63 141.64 147.74 147.43 147.60
EXPORTS
SOYBEAN 27.39 29.95 30.92 33.57 32.74 33.48
COTTONSEED 1.46 1.13 1.10 1.10 1.15 1.05
RAPESEED 3.21 3.36 3.55 4.23 3.58 3.83
SUNFLOWERSEED 1.80 2.14 2.80 2.91 2.82 2.95
FISH 3.45 4.11 4.14 4.01 4.13 4.13
PEANUT 0.65 0.85 0.63 0.62 0.63 0.63
COPRA 1.04 1.01 1.30 0.98 1.11 1.09
PALM KERNEL 1.82 1.90 2.05 2.20 2.33 2.35
TOTAL 40.81 44.45 46.48 49.63 48.48 49.51
IMPORTS
SOYBEAN 27.87 29.26 31.22 32.04 32.87 33.12
COTTONSEED 1.45 1.14 1.04 1.03 1.11 1.03
RAPESEED 3.31 3.43 3.81 3.89 3.55 3.84
SUNFLOWERSEED 1.84 2.14 2.68 2.97 2.85 2.95
FISH 3.70 4.05 4.41 4.14 3.77 3.89
PEANUT 0.68 0.78 0.64 0.63 0.61 0.62
COPRA 1.04 1.01 1.16 1.03 1.01 1.03
PALM KERNEL 1.78 1.83 1.92 1.87 2.19 1.95
TOTAL 41.67 43.63 46.87 47.60 47.97 48.43
CONSUMPTION
SOYBEAN 76.12 80.72 87.05 87.82 91.31 91.25
COTTONSEED 11.42 10.70 11.69 13.02 12.13 12.34
RAPESEED 14.08 14.89 16.62 18.23 17.59 17.52
SUNFLOWERSEED 8.62 8.41 9.28 10.01 10.14 9.91
FISH 5.97 6.31 6.56 6.55 6.28 6.33
PEANUT 5.13 5.18 5.91 5.75 5.88 6.00
COPRA 1.65 1.63 1.82 1.74 1.73 1.76
PALM KERNEL 2.10 2.17 2.25 2.28 2.60 2.33
TOTAL 125.08 130.00 141.18 145.41 147.65 147.43
ENDING STOCKS
SOYBEAN 4.09 3.95 4.37 4.21 3.25 3.80
COTTONSEED 0.17 0.15 0.15 0.20 0.16 0.18
RAPESEED 0.48 0.48 0.62 0.71 0.51 0.59
SUNFLOWERSEED 0.25 0.21 0.31 0.41 0.30 0.31
FISH 0.63 0.60 0.90 1.15 0.79 0.85
PEANUT 0.08 0.07 0.03 0.04 0.04 0.04
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 6.05 5.86 6.71 7.02 5.38 6.12
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JUNE 1997
TABLE 3.
MAJOR VEGETABLE AND MARINE OILS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
SOYBEAN 17.22 18.25 19.70 20.17 20.42 20.44
PALM 13.04 13.74 14.89 15.76 16.69 16.79
SUNFLOWERSEED 7.37 7.08 8.20 8.93 8.66 8.58
RAPESEED 8.40 9.04 10.09 11.40 10.50 10.56
COTTONSEED 3.67 3.38 3.73 4.09 3.87 3.86
PEANUT 3.60 3.62 4.03 3.96 4.07 4.14
COCONUT 3.10 3.09 3.43 3.06 3.33 3.32
OLIVE 1.80 1.76 1.77 1.44 2.08 2.24
FISH 1.19 1.24 1.52 1.41 1.25 1.21
PALM KERNEL 1.74 1.88 2.00 2.17 2.28 2.28
TOTAL 61.12 63.08 69.35 72.41 73.14 73.42
EXPORTS
SOYBEAN 4.21 4.85 5.92 5.29 5.90 5.81
PALM 1/ 8.66 9.93 9.71 9.81 10.65 10.63
SUNFLOWERSEED 2.15 2.33 3.45 3.08 3.04 3.04
RAPESEED 1.63 2.23 2.64 2.66 2.21 2.27
COTTONSEED 0.50 0.50 0.59 0.53 0.51 0.48
PEANUT 0.22 0.29 0.24 0.30 0.25 0.27
COCONUT 1.70 1.50 1.83 1.58 1.66 1.69
OLIVE 0.57 0.75 0.74 0.69 0.79 0.82
FISH 0.71 0.79 1.06 1.00 0.86 0.85
PALM KERNEL 0.91 0.93 0.84 0.93 1.04 1.04
TOTAL 21.26 24.09 27.04 25.88 26.90 26.91
IMPORTS
SOYBEAN 3.90 4.74 6.11 5.07 5.70 5.53
PALM 1/ 8.30 9.68 9.65 9.70 10.46 10.34
SUNFLOWERSEED 2.13 2.37 3.32 3.15 3.06 3.06
RAPESEED 1.72 2.21 2.77 2.34 2.21 2.28
COTTONSEED 0.45 0.46 0.54 0.53 0.49 0.49
PEANUT 0.30 0.30 0.29 0.31 0.24 0.28
COCONUT 1.39 1.39 1.77 1.46 1.50 1.50
OLIVE 0.68 0.75 0.77 0.63 0.74 0.78
FISH 0.62 0.77 0.94 0.92 0.86 0.89
PALM KERNEL 0.94 0.94 0.81 0.76 0.79 0.82
TOTAL 20.42 23.60 26.96 24.86 26.05 25.97
CONSUMPTION
SOYBEAN 17.23 18.42 19.47 19.60 20.48 20.35
PALM 12.39 13.95 14.72 15.37 16.49 16.47
SUNFLOWERSEED 7.56 7.23 8.05 8.68 8.86 8.79
RAPESEED 8.56 9.02 10.35 11.03 10.54 10.62
COTTONSEED 3.65 3.32 3.68 4.07 3.86 3.88
PEANUT 3.69 3.65 4.07 3.95 4.05 4.14
COCONUT 2.82 2.92 3.37 3.03 3.15 3.11
OLIVE 1.89 1.88 1.88 1.66 1.89 1.90
FISH 1.13 1.19 1.35 1.28 1.28 1.25
PALM KERNEL 1.77 1.95 1.95 1.94 2.03 2.06
TOTAL 60.67 63.53 68.88 70.60 72.62 72.57
ENDING STOCKS
SOYBEAN 2.01 1.72 2.14 2.49 2.22 2.29
PALM 1.72 1.25 1.35 1.63 1.60 1.66
SUNFLOWERSEED 0.82 0.72 0.74 1.07 0.78 0.88
RAPESEED 0.42 0.43 0.30 0.36 0.35 0.31
COTTONSEED 0.10 0.11 0.11 0.12 0.10 0.11
PEANUT 0.06 0.04 0.04 0.06 0.06 0.07
COCONUT 0.25 0.31 0.30 0.22 0.24 0.25
OLIVE 0.98 0.87 0.79 0.51 0.78 0.80
FISH 0.23 0.27 0.32 0.36 0.28 0.37
PALM KERNEL 0.21 0.15 0.17 0.23 0.22 0.23
TOTAL 6.80 5.86 6.26 7.05 6.62 6.96
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
1/ PALM OIL TRADE EXCLUDES TRANSSHIPMENTS THROUGH SINGAPORE
DATE: JUNE 1997
TABLE 4
MAJOR OILSEEDS, PROTEIN MEALS, FATS AND OILS:
WORLD PRODUCTION 1/
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
WORLD OILSEEDS:
SOYBEAN 117.34 117.75 137.63 124.45 132.52 132.23
COTTONSEED 31.60 29.49 32.88 35.46 34.05 34.05
PEANUT 23.11 24.00 26.44 26.18 26.14 26.77
SUNFLOWERSEED 21.28 20.74 23.37 25.77 23.92 23.75
RAPESEED 25.31 26.71 30.29 34.57 30.55 30.61
COPRA 4.92 4.97 5.48 4.95 5.34 5.34
PALM KERNEL 3.99 4.25 4.62 4.96 5.30 5.30
TOTAL 227.55 227.89 260.70 256.33 257.80 258.04
PROTEIN MEALS:
SOYBEAN 76.45 81.27 87.17 89.19 91.01 91.20
COTTONSEED 11.46 10.67 11.74 13.15 12.17 12.34
PEANUT 5.11 5.24 5.87 5.74 5.89 6.01
SUNFLOWERSEED 8.61 8.36 9.50 10.05 10.01 9.81
RAPESEED 14.00 14.81 16.49 18.65 17.43 17.39
COPRA 1.64 1.68 1.88 1.69 1.83 1.82
PALM KERNEL 2.04 2.25 2.39 2.60 2.75 2.75
FISH 5.90 6.35 6.59 6.67 6.33 6.27
TOTAL 125.20 130.63 141.64 147.74 147.43 147.60
44% PROTEIN MEAL EQUIVALENT 2/:
SOYBEAN 76.45 81.27 87.17 89.19 91.01 91.20
COTTONSEED 9.29 8.64 9.52 10.65 9.86 10.00
PEANUT 5.74 5.88 6.60 6.46 6.62 6.76
SUNFLOWERSEED 8.12 7.90 8.97 9.49 9.45 9.26
RAPESEED 9.96 10.54 11.73 13.27 12.40 12.37
COPRA 0.74 0.76 0.85 0.76 0.83 0.82
PALM KERNEL 0.73 0.80 0.85 0.92 0.98 0.98
FISH 8.53 9.17 9.53 9.64 9.15 9.07
TOTAL 119.56 124.96 135.22 140.39 140.30 140.46
FATS & OILS
EDIBLE VEGETABLE:
SOYBEAN 17.22 18.25 19.70 20.17 20.42 20.44
COTTONSEED 3.67 3.38 3.73 4.09 3.87 3.86
PEANUT 3.60 3.62 4.03 3.96 4.07 4.14
SUNFLOWERSEED 7.37 7.08 8.20 8.93 8.66 8.58
RAPESEED 8.40 9.04 10.09 11.40 10.50 10.56
OLIVE 1.80 1.76 1.77 1.44 2.08 2.24
COCONUT 3.10 3.09 3.43 3.06 3.33 3.32
PALM KERNEL 1.74 1.88 2.00 2.17 2.28 2.28
PALM 13.04 13.74 14.89 15.76 16.69 16.79
TOTAL 59.93 61.83 67.83 71.00 71.89 72.21
MARINE OILS:
FISH 1.19 1.24 1.52 1.41 1.25 1.21
TOTAL 1.19 1.24 1.52 1.41 1.25 1.21
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) 73.02 74.90 81.34 84.70 85.43 85.71
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: JUNE 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 3/ AREA 2/ PROD 3/ AREA 2/ PROD 3/
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 26.50
CHINA 8.10 12.46 8.13 13.50 7.80 13.50
ARGENTINA 5.11 11.78 5.98 12.43 6.20 12.00
EUROPEAN UNION 4/ 0.46 1.35 0.29 0.94 0.34 1.15
PARAGUAY 0.98 1.67 1.10 2.40 1.20 2.60
OTHER 8.89 10.85 9.89 12.24 10.09 11.64
TOTAL 57.73 116.84 61.28 124.45 63.08 132.23
COTTONSEED
CHINA 5.90 7.87 5.42 8.44 4.70 7.56
UNITED STATES 5.01 6.00 6.48 6.21 5.21 6.48
FSU-12 2.93 3.98 2.57 3.30 2.55 2.78
INDIA 7.60 4.22 9.06 5.37 8.87 5.46
PAKISTAN 2.76 3.23 3.05 3.57 3.20 3.18
BRAZIL 1.48 0.96 1.13 0.66 0.75 0.50
OTHER 6.88 6.52 8.08 7.91 8.25 8.08
TOTAL 32.55 32.78 35.79 35.46 33.52 34.05
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 10.14
UNITED STATES 0.71 1.86 0.61 1.57 0.56 1.66
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 0.15 0.24 0.24 0.46 0.28 0.30
SOUTH AFRICA 0.13 0.14 0.14 0.20 0.10 0.13
OTHER 5.47 4.78 5.47 4.99 5.45 4.95
TOTAL 19.49 23.47 19.60 26.18 19.89 26.77
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 5.20
EASTERN EUROPE 1.54 2.33 1.93 2.72 2.11 2.99
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 4/ 2.68 4.00 2.39 3.24 2.35 3.89
OTHER 4.29 3.20 4.46 3.74 4.38 3.54
TOTAL 17.63 22.01 20.72 25.77 19.94 23.75
RAPESEED
CHINA 5.74 7.30 6.91 9.78 6.67 9.17
EUROPEAN UNION 4/ 2.58 6.96 2.83 8.27 2.64 7.17
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 2.25 0.68 1.27
OTHER 1.33 1.22 1.74 1.63 1.66 1.66
TOTAL 20.25 27.14 24.13 34.57 21.52 30.61
TOTAL OILSEEDS 147.66 222.23 161.52 246.42 157.95 247.41
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
3/ IN MILLION METRIC TONS.
4/ INCLUDES THE STATISTICS FROM THE FORMER GER. DEM. REP.
DATE: JUNE 1997
TABLE 6
SOYBEANS: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
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 26.50
ARGENTINA 11.35 12.40 12.50 12.43 12.40 12.00
CHINA 10.30 15.31 16.00 13.50 13.50 13.50
EUROPEAN UNION 1.27 0.81 1.03 0.94 1.08 1.15
PARAGUAY 1.75 1.80 2.20 2.40 2.60 2.60
OTHER 10.55 11.81 11.51 12.24 11.61 11.64
TOTAL 117.34 117.75 137.63 124.45 132.52 132.23
EXPORTS
UNITED STATES 20.94 16.03 22.81 23.17 24.36 24.36
BRAZIL 4.06 5.43 3.57 3.45 6.50 7.50
ARGENTINA 2.42 3.07 2.50 2.09 0.95 0.50
PARAGUAY 1.25 1.20 1.45 1.60 1.65 1.65
CHINA 0.30 1.10 0.39 0.22 0.20 0.20
OTHER 0.84 1.33 1.39 1.37 1.25 1.20
TOTAL 29.81 28.16 32.12 31.90 34.90 35.41
IMPORTS
EUROPEAN UNION 15.17 13.11 16.05 14.24 14.70 14.88
GERMANY 3.31 2.79 2.96 3.21 3.00 3.43
NETHERLANDS 4.26 4.14 4.62 4.20 4.35 4.30
SPAIN 2.48 1.72 2.85 2.34 2.64 2.53
ITALY 1.33 1.17 1.30 0.99 1.11 1.05
BEL-LUX 1.31 1.22 1.37 1.22 1.21 1.17
PORTUGAL 0.56 0.53 0.95 0.68 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 0.24 0.25 0.33 0.33
FSU-12 0.23 0.10 0.10 0.07 0.05 0.05
RUSSIA 0.17 0.07 0.04 0.03 0.01 0.01
UKRAINE 0.06 0.03 0.02 0.02 0.02 0.02
CHINA 0.15 0.13 0.16 0.80 1.90 2.10
JAPAN 4.87 4.86 4.84 4.78 4.86 4.80
KOREA, REP OF 1.13 1.16 1.38 1.42 1.50 1.50
TAIWAN 2.51 2.50 2.60 2.65 2.37 2.37
INDONESIA 0.53 0.71 0.62 0.72 0.80 0.80
MEXICO 2.14 2.20 1.87 2.40 2.75 2.75
BRAZIL 0.38 0.11 1.20 0.80 0.80 0.80
OTHER 2.93 2.94 3.36 3.63 4.46 4.74
TOTAL 30.42 28.37 32.81 32.12 34.84 35.44
CRUSH
UNITED STATES 34.81 34.72 38.24 37.27 38.78 38.92
LATIN AMERICA 28.44 31.90 33.39 36.58 36.55 35.82
BRAZIL 15.55 18.44 20.19 21.57 20.28 19.75
ARGENTINA 8.49 8.77 8.59 10.29 10.80 10.80
MEXICO 2.67 2.64 2.33 2.44 2.80 2.76
EUROPEAN UNION 14.09 12.24 14.43 13.64 13.85 14.44
OTHER W EUROPE 0.10 0.28 0.39 0.38 0.38 0.38
FSU-12 0.58 0.53 0.43 0.34 0.42 0.42
EASTERN EUROPE 0.53 0.42 0.41 0.44 0.57 0.56
ASIA 15.85 19.56 19.67 20.50 20.95 21.20
JAPAN 3.79 3.70 3.76 3.70 3.75 3.74
CHINA 4.49 7.61 8.09 7.45 8.50 8.70
TAIWAN 2.32 2.24 2.34 2.36 2.07 2.07
OTHER 2.36 2.42 2.87 3.01 3.21 3.25
TOTAL 96.75 102.06 109.83 112.15 114.72 114.98
ENDING STOCKS
UNITED STATES 7.96 5.69 9.11 4.99 3.40 3.54
BRAZIL 6.12 5.46 7.20 5.07 4.00 3.45
ARGENTINA 3.71 3.77 4.67 4.22 4.47 4.52
OTHER 2.49 2.43 2.72 2.45 2.31 2.33
TOTAL 20.27 17.34 23.70 16.73 14.17 13.83
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JUNE 1997
TABLE 7
SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1995/96 1996/97
PRODUCTION
UNITED STATES 27.55 27.68 30.18 29.51 30.54 30.65
LATIN AMERICA 22.53 25.30 26.53 29.21 29.17 28.60
BRAZIL 12.17 14.50 15.87 17.04 16.02 15.60
ARGENTINA 6.92 7.15 7.00 8.38 8.80 8.80
MEXICO 2.08 2.06 1.86 1.95 2.24 2.21
EUROPEAN UNION 10.98 9.85 11.49 10.90 11.05 11.45
OTHER W EUROPE 0.08 0.22 0.30 0.29 0.29 0.29
EASTERN EUROPE 0.42 0.33 0.33 0.35 0.45 0.45
FSU-12 0.47 0.43 0.51 0.26 0.34 0.34
ASIA 12.56 15.55 15.58 16.31 16.64 16.86
JAPAN 2.94 2.85 2.88 2.87 2.87 2.88
CHINA 3.63 6.16 6.55 6.04 6.89 7.05
TAIWAN 1.78 1.75 1.80 1.84 1.61 1.61
INDIA 2.25 2.88 2.20 3.20 2.82 2.92
OTHER 1.87 1.91 2.25 2.36 2.53 2.56
TOTAL 76.45 81.27 87.17 89.19 91.01 91.20
EXPORTS
UNITED STATES 5.65 4.86 6.09 5.45 6.12 6.17
BRAZIL 8.01 10.31 10.45 11.94 10.80 10.60
ARGENTINA 6.54 6.76 6.73 8.22 8.50 8.50
EUROPEAN UNION 4.04 3.85 3.67 4.07 3.50 4.16
CHINA 0.40 1.05 1.28 0.10 0.10 0.10
INDIA 2.01 2.20 1.58 2.50 2.30 2.50
OTHER 0.74 0.92 1.13 1.29 1.42 1.45
TOTAL 27.39 29.95 30.92 33.57 32.74 33.48
IMPORTS
EUROPEAN UNION 15.49 16.47 16.80 16.04 15.21 15.15
FRANCE 3.50 3.80 3.79 3.34 3.33 3.30
GERMANY 2.22 2.12 1.99 1.64 1.70 1.60
NETHERLANDS 1.40 1.37 1.78 1.75 1.60 1.70
ITALY 1.62 1.75 1.90 1.93 1.74 1.70
EASTERN EUROPE 1.57 1.61 2.00 1.92 1.88 1.88
FSU-12 1.45 0.57 0.52 0.28 0.16 0.16
RUSSIA 1.10 0.20 0.21 0.03 0.06 0.06
UKRAINE 0.30 0.25 0.23 0.25 0.10 0.10
ASIA & OCEANIA 4.16 4.58 5.29 6.65 8.39 8.63
CHINA 0.04 0.00 0.05 0.93 2.50 2.70
MID-EAST/N AFR 2.20 2.69 3.01 3.21 3.26 3.28
LATIN AMERICA 1.96 2.28 2.38 2.74 2.88 2.93
OTHER 0.97 1.01 1.18 1.14 1.04 1.04
TOTAL 27.87 29.26 31.22 32.04 32.87 33.12
CONSUMPTION
UNITED STATES 22.00 22.94 24.08 24.14 24.54 24.59
LATIN AMERICA 8.91 9.71 10.94 11.04 11.76 11.56
BRAZIL 3.89 4.18 5.38 5.21 5.40 5.30
ARGENTINA 0.24 0.30 0.36 0.38 0.38 0.38
MEXICO 2.48 2.41 2.22 2.30 2.49 2.46
EUROPEAN UNION 22.24 22.68 24.42 22.85 22.75 22.57
FRANCE 3.81 4.03 4.30 3.72 3.79 3.78
GERMANY 3.49 3.37 3.37 3.21 3.17 3.41
NETHERLANDS 2.51 2.52 3.11 2.63 2.92 2.47
ITALY 3.15 3.16 3.24 3.18 3.10 3.12
SPAIN 3.32 3.30 3.50 3.45 3.24 3.41
OTHER W EUROPE 0.17 0.15 0.17 0.17 0.17 0.17
FSU-12 1.91 1.00 1.03 0.55 0.50 0.50
EASTERN EUROPE 1.98 1.93 2.27 2.22 2.26 2.26
POLAND 0.54 0.55 0.71 0.60 0.64 0.64
ASIA & OCEANIA 14.13 16.92 17.90 20.35 22.73 22.98
JAPAN 3.79 3.73 3.70 3.63 3.60 3.55
CHINA 3.27 5.11 5.33 6.87 9.29 9.65
TAIWAN 1.94 1.88 1.86 1.86 1.64 1.64
KOREA, REP OF 1.45 1.49 1.77 1.92 1.90 1.88
MID-EAST/N AFR 2.85 3.39 3.95 4.11 4.25 4.26
OTHER 1.93 2.01 2.30 2.39 2.35 2.36
TOTAL 76.12 80.72 87.05 87.82 91.31 91.25
ENDING STOCKS
UNITED STATES 0.19 0.14 0.20 0.19 0.16 0.18
BRAZIL 0.93 0.94 0.98 0.97 0.29 0.87
ARGENTINA 0.52 0.61 0.52 0.30 0.23 0.23
OTHER 2.46 2.27 2.67 2.74 2.58 2.52
TOTAL 4.09 3.95 4.37 4.21 3.25 3.80
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JUNE 1997
TABLE 8
SOYBEAN OIL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC TONS)
PRELIM MAY JUN
1992/93 1993/94 1994/95 1995/96 1996/97 1996/97
PRODUCTION
UNITED STATES 6.25 6.33 7.08 6.91 7.02 7.02
LATIN AMERICA 5.15 5.81 6.09 6.65 6.62 6.49
BRAZIL 2.91 3.47 3.80 4.03 3.79 3.69
ARGENTINA 1.47 1.52 1.49 1.78 1.87 1.87
MEXICO 0.45 0.45 0.40 0.42 0.48 0.47
EUROPEAN UNION 2.54 2.24 2.58 2.45 2.49 2.59
OTHER W EUROPE 0.02 0.05 0.07 0.07 0.07 0.07
FSU-12 0.08 0.08 0.06 0.05 0.07 0.07
EASTERN EUROPE 0.09 0.07 0.07 0.07 0.10 0.10
ASIA 2.70 3.26 3.25 3.45 3.50 3.55
JAPAN 0.69 0.66 0.67 0.67 0.67 0.68
CHINA 0.67 1.14 1.21 1.15 1.31 1.34
TAIWAN 0.42 0.39 0.40 0.41 0.35 0.35
INDIA 0.50 0.65 0.50 0.71 0.63 0.66
OTHER 0.39 0.42 0.49 0.51 0.55 0.56
TOTAL 17.22 18.25 19.70 20.17 20.42 20.44
EXPORTS
UNITED STATES 0.64 0.69 1.22 0.45 0.82 0.82
BRAZIL 0.69 1.35 1.49 1.60 1.50 1.35
ARGENTINA 1.45 1.45 1.41 1.56 1.80 1.80
EUROPEAN UNION 1.06 0.91 1.29 1.11 1.13 1.19
OTHER 0.37 0.46 0.52 0.57 0.66 0.66
TOTAL 4.21 4.85 5.92 5.29 5.90 5.81
IMPORTS
UNITED STATES 0.01 0.03 0.01 0.04 0.02 0.02
EUROPEAN UNION 0.53 0.50 0.63 0.55 0.61 0.56
FSU-12 0.07 0.08 0.05 0.05 0.07 0.07
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 0.97 1.17 1.13
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 0.10 0.13 0.13
TUNISIA 0.12 0.11 0.14 0.09 0.10 0.10
LATIN AMERICA 0.78 0.93 0.99 0.81 0.92 0.93
BRAZIL 0.14 0.24 0.18 0.10 0.18 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 0.88 1.02 0.93
TOTAL 3.90 4.74 6.11 5.07 5.70 5.53
CONSUMPTION
UNITED STATES 5.92 5.87 5.86 6.11 6.33 6.33
LATIN AMERICA 3.63 3.74 3.99 3.96 4.16 4.14
BRAZIL 2.28 2.32 2.47 2.53 2.60 2.60
ARGENTINA 0.08 0.08 0.09 0.10 0.10 0.10
MEXICO 0.53 0.52 0.45 0.45 0.52 0.52
EUROPEAN UNION 2.00 1.85 1.92 1.95 1.99 1.97
OTHER W EUROPE 0.07 0.06 0.07 0.07 0.07 0.07
FSU-12 0.15 0.16 0.10 0.10 0.13 0.13
EASTERN EUROPE 0.22 0.20 0.19 0.18 0.21 0.21
ASIA 3.43 4.49 5.22 5.45 5.56 5.48
JAPAN 0.69 0.67 0.68 0.67 0.68 0.68
CHINA 0.77 1.76 2.53 2.61 2.64 2.67
TAIWAN 0.38 0.39 0.39 0.40 0.36 0.36
KOREA, REP OF 0.19 0.22 0.24 0.26 0.26 0.28
INDIA 0.56 0.71 0.56 0.77 0.74 0.77
PAKISTAN 0.28 0.18 0.17 0.16 0.17 0.17
BANGLADESH 0.31 0.32 0.39 0.27 0.37 0.22
MID-EAST/N AFR 1.30 1.55 1.53 1.19 1.39 1.35
IRAN 0.45 0.52 0.52 0.36 0.40 0.40
MOROCCO 0.18 0.18 0.16 0.12 0.19 0.19
TURKEY 0.22 0.18 0.19 0.15 0.17 0.17
OTHER 0.51 0.50 0.59 0.59 0.63 0.68
TOTAL 17.23 18.42 19.47 19.60 20.48 20.35
ENDING STOCKS
UNITED STATES 0.71 0.50 0.52 0.91 0.82 0.82
BRAZIL 0.32 0.35 0.37 0.38 0.24 0.29
ARGENTINA 0.17 0.16 0.15 0.28 0.24 0.24
OTHER 0.82 0.71 1.10 0.92 0.91 0.94
TOTAL 2.01 1.72 2.14 2.49 2.22 2.29
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING.
DATE: JUNE 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 24,358 5,445 6,169 450 816
BRAZIL 3,454 7,500 11,941 10,600 1,600 1,350
ARGENTINA 2,087 500 8,223 8,500 1,556 1,800
EUROPEAN UNION 270 279 4,071 4,161 1,110 1,187
SPAIN 2 1 30 60 178 190
PORTUGAL 2 4 13 13 63 70
PARAGUAY 1,600 1,650 508 587 124 135
OTHER 1,326 1,123 3,383 3,464 450 525
WORLD TOTAL 31,902 35,410 33,571 33,481 5,290 5,813
SELECTED IMPORTERS
EUROPEAN UNION 14,235 14,878 16,044 15,148 551 557
GERMANY 3,209 3,430 1,642 1,600 97 120
NETHERLANDS 4,201 4,300 1,754 1,700 34 30
SPAIN 2,335 2,530 1,969 1,600 5 8
ITALY 993 1,050 1,934 1,700 15 15
BEL-LUX 1,224 1,168 1,032 968 40 45
PORTUGAL 679 620 157 150 4 14
FRANCE 511 720 3,343 3,300 59 57
U.K. 639 615 1,650 1,550 165 132
DENMARK 72 70 1,400 1,400 41 40
OTHER W EUROPE 380 375 63 48 7 7
FSU-12 68 45 284 160 48 66
RUSSIA 31 5 34 60 23 25
UKRAINE 20 20 250 100 25 38
EASTERN EUROPE 252 329 1,915 1,884 111 114
POLAND 10 60 580 600 80 82
HUNGARY 10 7 470 450 0 0
ASIA 11,768 13,151 6,291 8,250 2,197 2,317
JAPAN 4,776 4,800 750 745 1 2
TAIWAN 2,646 2,374 28 30 4 18
KOREA, REP OF 1,422 1,500 1,059 950 55 60
INDONESIA 715 800 950 1,025 9 10
PHILIPPINES 160 160 900 965 16 18
INDIA 0 0 0 0 60 110
PAKISTAN 11 42 105 110 150 160
MID-EAST/N AFR 899 1,078 3,209 3,284 974 1,133
ISRAEL 440 525 38 38 25 25
IRAN 0 0 560 540 340 380
EGYPT 88 115 419 540 98 90
IRAQ 0 0 60 60 3 3
MOROCCO 39 60 52 80 116 180
TUNISIA 0 0 170 170 90 100
ALGERIA 0 0 370 325 110 120
TURKEY 180 225 300 350 100 125
LATIN AMERICA 4,527 6,048 2,742 2,930 881 959
MEXICO 2,401 2,750 350 250 50 70
VENEZUELA 204 300 530 550 100 100
CANADA 66 130 731 650 41 55
OTHER 426 859 761 767 331 345
WORLD TOTAL 32,121 35,443 32,040 33,121 5,066 5,528
DATE: JUNE 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 5,718 5,925
TOTAL CONSUM MY 5,308 5,582 6,110 6,917 7,359
TOTAL IMPORTS MY 89 264 680 1,219 1,434
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 1,927 2,557 2,230
TOTAL CONSUM MY 2,798 2,488 2,271 2,689 2,540
TOTAL IMPORTS MY 730 720 755 837 625
PALM OIL (OCT-SEP) 100 83 121 132 133
SUNFLOWERSEED OIL (SEP-AUG) 220 248 317 387 204
SOYBEAN OIL (OCT-SEP) 68 80 47 48 66
PAKISTAN
TOTAL PROD MY 404 324 343 433 403
TOTAL CONSUM MY 1,591 1,607 1,706 1,741 1,803
TOTAL IMPORTS MY 1,141 1,236 1,381 1,307 1,397
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 94 112
TOTAL CONSUM MY 726 939 1,000 843 871
TOTAL IMPORTS MY 626 816 899 749 759
SUNSEED OIL (OCT-SEP) 200 180 280 138 190
COTTONSEED OIL (OCT-SEP) 60 82 90 107 73
PALM OIL (OCT-SEP) 325 420 370 390 390
SOYBEAN OIL (OCT-SEP) 25 117 127 98 90
IRAN
TOTAL PROD MY 32 38 51 54 55
TOTAL CONSUM MY 579 697 1,106 875 916
TOTAL IMPORTS MY 547 659 1,055 821 861
PALM OIL (OCT-SEP) 48 113 54 50 50
SOYBEAN OIL (OCT-SEP) 433 494 500 340 380
SUNSEED OIL (OCT-SEP) 65 51 500 430 430
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 75 109 74 81
TOTAL CONSUM MY 328 307 337 325 312
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 101 141 161 164 170
TOTAL CONSUM MY 376 433 505 422 418
TOTAL IMPORTS MY 270 292 336 257 242
SUNSEED OIL (OCT-SEP) 130 145 145 145 130
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 6,605
TOTAL CONSUM MY 5,748 7,287 9,521 9,158 9,542
TOTAL IMPORTS MY 1,115 2,487 4,431 2,811 3,436
PALM OIL (OCT-SEP) 800 1,420 1,667 1,006 1,500
SOYBEAN OIL (OCT-SEP) 100 640 1,702 1,445 1,500
RAPESEED OIL (OCT-SEP) 153 360 944 303 375
BANGLADESH
TOTAL PROD MY 109 112 109 113 113
TOTAL CONSUM MY 529 687 759 513 483
TOTAL IMPORTS MY 401 575 660 375 390
SOYBEAN OIL (OCT-SEP) 285 285 425 250 220
PALM OIL (OCT-SEP) 86 260 200 95 140
TOTAL OF SELECTED
IMPORTERS
TOTAL PROD MY 14,182 14,336 14,994 16,642 16,480
TOTAL CONSUM MY 19,362 21,411 24,780 24,951 25,688
TOTAL IMPORTS MY 5,666 7,869 11,096 9,296 10,041
PALM OIL MY 2,490 3,789 4,380 4,111 4,706
SOYBEAN OIL MY 1,600 2,342 3,500 2,717 2,926
SUNSEED OIL MY 730 715 1,482 1,375 1,424
RAPESEED OIL MY 394 571 1,144 613 538
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: JUNE 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
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 42,572 6,051
1996/97(96) 32,579 74,825 924 24,985 43,869 4,707
MAJOR PROTEIN MEALS
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) - 32,297 1,048 5,686 - 253
1996/97(96) - 33,275 1,041 6,387 - 242
MAJOR VEGETABLE AND MARINE OILS
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) - 8,239 1,289 1,047 - 1,198
1996/97(96) - 8,242 1,436 1,343 - 1,167
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: JUNE 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)
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 37,273 4,993
1996/97(96) 25,661 64,837 549 24,358 38,918 3,538
1997/98(97) 27,320 70,761 136 24,766 39,599 6,536
SOYBEAN MEAL (OCT-SEP)
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) - 29,508 68 5,445 - 193
1996/97(96) - 30,652 91 6,169 - 181
1997/98(97) - 31,343 136 6,078 - 181
SOYBEAN OIL (OCT-SEP)
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) - 6,913 43 450 - 914
1996/97(96) - 7,024 23 816 - 817
1997/98(97) - 7,357 36 862 - 907
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JUNE 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)
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 21,599 710
1996/97(95) 10,950 23,700 1,300 3,633 20,154 373
1997/98(96) 11,800 26,500 2,200 7,700 19,400 373
SOYBEAN MEAL (FEB-JAN)
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 11,471 - 640
1996/97(95) - 15,841 100 10,900 - 381
1997/98(96) - 15,484 200 10,300 - 265
SOYBEAN OIL (FEB-JAN)
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 93 771 - 257
1994/95(93) - 3,522 320 1,556 - 144
1995/96(94) - 4,061 162 1,643 - 224
1996/97(95) - 3,749 175 1,350 - 198
1997/98(96) - 3,664 200 1,200 - 162
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JUNE 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)
1989/90(88) 4,000 6,500 0 516 5,413 803
1990/91(89) 4,950 10,750 0 3,511 6,566 1,046
1991/92(90) 4,750 11,500 0 4,401 7,368 318
1992/93(91) 4,800 11,150 0 2,921 7,900 200
1993/94(92) 4,900 11,350 0 2,274 8,667 155
1994/95(93) 5,400 12,400 0 2,957 8,718 322
1995/96(94) 5,700 12,500 0 2,614 9,280 365
1996/97(95) 5,980 12,430 10 2,014 9,927 276
1997/98(96) 6,200 12,000 150 500 11,000 318
SOYBEAN MEAL (APR-MAR)
1989/90(88) - 4,368 0 4,350 - 164
1990/91(89) - 5,384 0 4,860 - 588
1991/92(90) - 6,042 0 6,294 - 185
1992/93(91) - 6,439 0 6,230 - 194
1993/94(92) - 7,064 0 6,844 - 154
1994/95(93) - 7,105 0 6,731 - 178
1995/96(94) - 7,563 0 7,150 - 216
1996/97(95) - 8,091 0 7,781 - 150
1997/98(96) - 8,965 0 8,550 - 165
SOYBEAN OIL (APR-MAR)
1989/90(88) - 927 0 868 - 77
1990/91(89) - 1,124 0 1,006 - 120
1991/92(90) - 1,261 0 1,266 - 41
1992/93(91) - 1,359 0 1,295 - 30
1993/94(92) - 1,499 0 1,409 - 45
1994/95(93) - 1,508 0 1,442 - 34
1995/96(94) - 1,605 0 1,477 - 67
1996/97(95) - 1,717 0 1,634 - 50
1997/98(96) - 1,903 0 1,800 - 53
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JUNE 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)
1989/90(88) 2,058 2,800 0 52 2,549 378
1990/91(89) 2,200 3,200 0 115 3,340 82
1991/92(90) 2,800 3,800 0 331 3,400 111
1992/93(91) 2,300 4,200 0 338 3,747 181
1993/94(92) 2,800 3,800 0 300 3,500 136
1994/95(93) 2,300 3,100 0 200 2,850 136
1995/96(94) 2,070 3,850 0 580 3,240 116
1996/97(95) 2,800 5,900 0 884 4,951 121
1997/98(96) 3,200 5,600 0 550 5,000 111
SUNFLOWERSEED MEAL (MAR-FEB)
1989/90(88) - 1,110 0 1,050 - 97
1990/91(89) - 1,435 0 1,280 - 148
1991/92(90) - 1,462 0 1,403 - 140
1992/93(91) - 1,574 0 1,475 - 139
1993/94(92) - 1,470 0 1,375 - 114
1994/95(93) - 1,197 0 1,057 - 134
1995/96(94) - 1,393 0 1,300 - 107
1996/97(95) - 2,129 0 1,996 - 90
1997/98(96) - 2,100 0 1,954 - 96
SUNFLOWERSEED OIL (MAR-FEB)
1989/90(88) - 1,033 0 699 - 63
1990/91(89) - 1,365 0 925 - 137
1991/92(90) - 1,377 0 1,162 - 134
1992/93(91) - 1,499 0 1,175 - 140
1993/94(92) - 1,400 0 1,050 - 140
1994/95(93) - 1,112 0 775 - 106
1995/96(94) - 1,280 0 920 - 76
1996/97(95) - 1,980 0 1,556 - 81
1997/98(96) - 2,000 0 1,510 - 91
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: JUNE 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 8,272 7,167
SUNFLOWERSEED 4,056 3,506 4,026 3,236 3,893
SOYBEANS 1,274 807 1,029 939 1,153
OTHER 540 594 647 717 642
TOTAL 12,425 11,501 12,687 13,164 12,855
PROTEIN MEAL CONSUMPTION 1/
SOYBEAN 22,244 22,683 24,424 22,850 22,567
SUNFLOWERSEED 3,503 3,761 4,279 4,441 4,470
RAPESEED 4,322 4,345 5,070 5,207 4,734
CORN GLUTEN FEED/M 6,550 6,325 6,455 6,450 6,500
OTHER 4,734 4,880 4,770 4,630 4,549
TOTAL 3/ 34,803 35,669 38,543 37,128 36,320
TOTAL SME 4/ 36,545 37,341 39,983 38,543 37,862
OIL CONSUMPTION 1/
SOYBEAN 1,997 1,848 1,920 1,951 1,965
OLIVE 1,328 1,343 1,344 1,178 1,393
SUNFLOWERSEED 1,803 1,746 1,818 1,851 1,756
RAPESEED 1,718 1,666 2,010 2,075 1,894
OTHER 3,035 3,277 3,369 3,263 3,251
TOTAL 9,881 9,880 10,461 10,318 10,259
IMPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEANS 14,900 12,870 15,695 13,940 14,663
SOYBEAN MEAL 13,120 13,877 13,903 13,499 12,614
SUNFLOWERSEED 812 1,457 1,611 2,243 1,491
EXPORTS(EX.INTRA TRADE) 5/ 6/
SOYBEAN MEAL 1,091 571 771 635 628
SOYBEAN OIL 516 368 703 489 554
RAPESEED OIL 570 906 1,067 852 672
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: JUNE 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 1,435 540 452 229 325
SUNFLOWERSEED 1,106 765 610 820 767
RAPESEED 46 30 39 32 35
FISH 482 485 488 488 487
OTHER 5 0 0 0 0
TOTAL 1/ 3,074 1,820 1,589 1,569 1,614
TOTAL SME 2/ 3,214 1,984 1,761 1,731 1,778
OIL CONSUMPTION
SOYBEAN 90 100 61 60 70
COTTONSEED 127 108 120 100 95
SUNFLOWERSEED 970 830 830 1,006 969
RAPESEED 72 56 30 45 15
FISH 61 61 61 61 61
OTHER 103 54 60 64 65
TOTAL 1/ 1,423 1,209 1,162 1,336 1,275
IMPORTS 3/
SOYBEANS 167 68 35 31 5
SOYBEAN MEAL 1,095 200 205 34 60
SUNFLOWERSEED OIL 105 146 206 277 100
COTTONSEED OIL 127 108 120 100 95
EXPORTS 3/
SUNFLOWERSEED 76 450 533 1,266 1,100
SOYBEANS 5 17 56 48 50
SUNFLOWERSEED OIL 10 40 21 25 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: JUNE 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 7,560
PEANUTS 5,953 8,420 9,682 10,200 10,140
RAPESEED 7,653 6,940 7,492 9,777 9,170
SOYBEANS 10,300 15,310 16,000 13,500 13,500
SUNFLOWERSEED 1,472 1,282 1,370 1,270 1,290
TOTAL 33,038 38,610 42,248 43,187 41,660
PROTEIN MEAL CONSUMPTION
SOYBEAN 3,274 5,110 5,329 6,867 9,647
COTTONSEED 1,966 2,088 2,513 2,954 2,514
RAPESEED 3,375 3,396 4,236 5,145 4,889
PEANUT 1,116 1,580 2,127 2,277 2,315
OTHER 1,145 1,032 1,300 1,220 1,256
TOTAL 1/ 10,876 13,206 15,505 18,463 20,621
TOTAL SME 2/ 9,901 12,271 14,417 17,048 19,379
OIL CONSUMPTION
SOYBEAN 770 1,763 2,527 2,611 2,672
COTTONSEED 869 775 897 995 867
PALM 700 1,136 1,437 806 1,300
RAPESEED 2,363 2,314 2,997 3,088 3,013
PEANUT 769 1,059 1,359 1,429 1,458
OTHER 277 240 304 229 232
TOTAL 1/ 5,748 7,287 9,521 9,158 9,542
IMPORTS 3/
SOYBEANS 150 125 155 795 2,100
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 1,500
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 950 525 500 390 400
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: JUNE 1997
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