Growing Soybean Oil Price Raises Oil`s Contribution to Total

United States
Department of
Agriculture
Foreign
Agricultural
Service
Circular Series
FOP 10-07
October 2007
Growing Soybean Oil Price Raises Oil’s Contribution to
Total Soybean Value
Relative Share Value: Soybean Meal & Soybean Oil
90.0%
80.0%
70.0%
60.0%
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%
2000
2001
2002
Soy Oil
2003
Soy Meal
2004
2005
Poly. (Soy Meal)
2006
2007
Poly. (Soy Oil)
The relative contribution of soybean oil in the over-all value of soybeans has
increased significantly since the early 2000’s. In 2001, the relative share of
soybean oil as a percentage of total soybean value fell below 30 percent. Soybean
oil prices reached a low of $273/ton in February 2001 compared to a soybean price
of $163/ton. However, growing demand for vegetable oil, particularly by the
growing fuel sector, has led to tight supplies and soaring prices. This increase,
coupled with soybean meal prices hovering between $175 and $200/ton for most of
the intervening period, pushed the soybean oil share to nearly 42 percent by
September 2006. Over the past 12 months, this share has ranged between 40
percent and 45 percent as demand for oils and meals grows.
Approved by the World Agricultural Outlook Board/USDA
For the period beginning June 2007, strong demand for soybean oil by US
biodiesel producers pushed oil prices higher, further increasing soy oil’s share of
soybean value. Soybean oil’s share peaked at 45 percent by early August as
increased crush for oil resulted in larger supplies and lower prices for soybean
meal.
Relative Share Value: Soybean Meal & Soybean Oil
65.0%
60.0%
55.0%
50.0%
45.0%
40.0%
35.0%
30.0%
Jun
Jul
Soy Oil
Aug
Soy Meal
Sep
Poly. (Soy Meal)
Oct
Poly. (Soy Oil)
By mid-September, soybean oil prices reached $830/ton and a point of relative
supply/demand balance with prices holding relatively steady through October 10th.
Meanwhile, shortages of feed wheat in Europe and associated high prices led to
significant gains in soybean meal demand. Soybean meal prices briefly topped
$300/ton in late September pushing the soy oil share of the soybean price below 39
percent, the lowest percentage since June 2006. However, recent declines in
soybean meal prices reflecting declines in other feed grains has brought soy oil’s
share back to 40 percent. in early October.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
5.38
35.77
8.43
32.79
39.43
186.53
26.89
335.22
5.59
45.75
9.51
33.56
46.16
215.69
25.40
381.65
5.50
44.14
9.98
33.04
48.73
220.44
29.99
391.82
5.28
46.02
10.27
32.36
46.72
235.77
30.15
406.55
5.37
44.14
10.95
32.10
49.83
221.27
27.24
390.90
Production
Oilseed, Copra
Oilseed, Cottonseed
Oilseed, Palm Kernel
Oilseed, Peanut
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Total
Imports
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Total
Copra
Cottonseed
Palm Kernel
Peanut
Rapeseed
Soybean
Sunflowerseed
0.07
0.88
0.10
1.76
5.15
54.06
2.17
64.19
0.13
1.00
0.12
1.87
5.01
63.52
1.13
72.78
0.08
1.07
0.14
1.97
6.67
64.14
1.24
75.30
0.09
0.95
0.14
1.91
6.90
68.08
1.69
79.76
0.10
0.62
0.15
1.94
8.02
74.94
1.30
87.06
Exports
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Total
Copra
Cottonseed
Palm Kernel
Peanut
Rapeseed
Soybean
Sunflowerseed
0.07
0.89
0.07
2.03
5.48
56.19
2.27
67.00
0.15
1.00
0.10
2.33
4.87
64.74
1.21
74.40
0.11
0.99
0.14
2.33
6.97
63.92
1.49
75.95
0.09
0.96
0.13
2.42
6.87
70.34
1.90
82.70
0.10
0.61
0.14
2.19
7.98
74.99
1.36
87.36
Crush
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Oilseed,
Total
Copra
Cottonseed
Palm Kernel
Peanut
Rapeseed
Soybean
Sunflowerseed
5.31
26.40
8.37
15.62
36.42
163.69
22.66
278.47
5.54
33.26
9.45
15.68
40.62
175.62
22.47
302.65
5.49
32.53
9.94
15.29
44.26
185.11
25.88
318.50
5.25
34.09
10.15
15.05
45.34
193.93
26.97
330.78
5.30
33.51
10.85
14.97
47.48
203.47
24.46
340.04
0.09
0.58
0.17
0.91
1.85
37.79
2.96
44.35
0.09
0.89
0.18
1.13
4.50
47.46
2.51
56.75
0.04
1.23
0.13
1.32
5.95
52.88
2.82
64.37
0.04
1.11
0.16
0.99
4.31
62.94
2.49
72.04
0.07
0.86
0.18
0.73
3.87
50.35
1.71
57.78
Ending Stocks
Oilseed, Copra
Oilseed, Cottonseed
Oilseed, Palm Kernel
Oilseed, Peanut
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Total
Oct
2007/08
none
none
5.37
45.86
10.95
32.14
49.31
220.99
27.38
392.00
none
none
0.10
0.62
0.15
1.94
7.88
74.98
1.14
86.81
none
none
0.10
0.64
0.14
2.19
8.06
74.89
1.30
87.31
none
none
5.30
34.77
10.85
14.97
47.22
202.89
24.43
340.44
none
none
0.07
0.96
0.18
0.78
3.29
50.75
2.12
58.14
Totals may not add due to rounding
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
Production
Meal, Copra
Meal, Cottonseed
Meal, Fish
Meal, Palm Kernel
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Total
1.71
12.04
5.29
4.40
6.04
21.76
128.58
10.22
190.04
1.79
15.07
5.66
4.96
6.06
24.15
138.79
10.02
206.49
1.77
14.66
4.83
5.22
5.93
26.23
145.62
11.43
215.67
1.69
15.41
4.96
5.32
5.82
26.85
152.42
11.92
224.40
1.71
15.27
5.50
5.69
5.78
28.10
160.30
10.77
233.10
Exports
Meal, Copra
Meal, Cottonseed
Meal, Fish
Meal, Palm Kernel
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Total
0.73
0.41
3.21
3.04
0.32
2.46
45.56
2.86
58.58
0.74
0.42
3.54
3.50
0.18
2.24
46.61
2.77
59.99
0.78
0.40
2.73
3.60
0.26
2.58
51.42
3.52
65.29
0.72
0.36
2.55
3.83
0.18
2.84
53.34
3.62
67.43
0.72
0.39
3.24
4.02
0.24
3.02
56.18
3.22
71.03
1.65
12.07
5.29
4.38
5.96
21.44
128.47
9.96
189.21
1.76
14.95
5.66
4.91
6.03
24.26
137.11
9.89
204.57
1.66
14.62
5.08
4.92
5.87
26.19
145.68
11.04
215.05
1.53
15.49
5.08
4.99
5.84
27.06
150.66
11.65
222.29
1.63
15.29
5.44
5.11
5.75
28.03
160.02
10.68
231.95
0.13
0.09
0.20
0.24
0.03
0.64
5.40
0.19
6.91
0.16
0.20
0.29
0.27
0.01
0.59
6.41
0.18
8.11
0.18
0.25
0.22
0.35
0.01
0.58
5.56
0.26
7.42
0.16
0.21
0.28
0.27
0.01
0.41
5.78
0.33
7.45
0.15
0.19
0.26
0.32
0.01
0.41
5.70
0.30
7.33
Domestic Consumption
Meal, Copra
Meal, Cottonseed
Meal, Fish
Meal, Palm Kernel
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Total
Ending Stocks
Meal, Copra
Meal, Cottonseed
Meal, Fish
Meal, Palm Kernel
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Total
Oct
2007/08
none
none
1.71
15.65
5.50
5.69
5.78
27.91
159.87
10.75
232.84
none
none
0.72
0.40
3.24
4.02
0.24
3.02
56.39
3.21
71.24
none
none
1.63
15.67
5.44
5.11
5.75
27.84
159.92
10.62
231.98
none
none
0.15
0.20
0.26
0.32
0.01
0.41
5.78
0.24
7.36
Totals may not add due to rounding
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
Production
Oil, Coconut
Oil, Cottonseed
Oil, Olive
Oil, Palm
Oil, Palm Kernel
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Total
3.29
3.85
3.06
29.59
3.67
5.07
14.17
30.16
9.19
102.06
3.44
4.78
2.97
33.88
4.13
5.09
15.77
32.55
9.17
111.78
3.40
4.65
2.59
35.81
4.38
4.97
17.14
34.53
10.52
118.00
3.25
4.88
2.99
36.38
4.48
4.88
17.69
35.95
11.00
121.50
3.32
4.85
3.02
39.00
4.79
4.86
18.55
37.62
10.04
126.04
Imports
Oil, Coconut
Oil, Cottonseed
Oil, Olive
Oil, Palm
Oil, Palm Kernel
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Total
1.67
0.13
0.60
21.42
1.49
0.19
1.36
8.33
1.92
37.11
1.87
0.10
0.57
24.14
1.58
0.17
1.19
8.91
2.17
40.71
1.97
0.09
0.57
25.73
1.73
0.16
1.45
8.93
3.19
43.83
1.73
0.11
0.64
26.25
1.94
0.18
2.15
9.93
3.40
46.32
1.77
0.11
0.61
27.58
1.93
0.20
2.27
10.54
3.10
48.11
Exports
Oil, Coconut
Oil, Cottonseed
Oil, Olive
Oil, Palm
Oil, Palm Kernel
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Total
1.79
0.14
0.66
21.67
1.61
0.24
1.33
8.83
2.67
38.92
2.04
0.12
0.64
24.60
1.92
0.17
1.30
9.12
2.64
42.55
2.05
0.11
0.59
26.21
1.98
0.19
1.73
9.82
3.91
46.60
1.74
0.16
0.65
26.76
2.32
0.16
1.97
10.43
4.13
48.31
1.73
0.15
0.65
28.15
2.13
0.17
2.02
10.38
3.22
48.60
3.24
3.80
2.72
29.29
3.61
5.02
14.34
30.01
8.39
100.40
3.31
4.66
2.86
32.71
3.78
5.11
15.60
31.67
8.50
108.19
3.41
4.66
2.79
35.03
4.04
5.02
16.83
33.55
9.72
115.03
3.28
4.82
2.93
36.66
4.29
4.95
18.02
35.63
10.50
121.08
3.36
4.82
2.94
38.71
4.50
4.90
18.83
38.17
10.11
126.34
0.42
0.10
1.09
2.66
0.38
0.20
0.46
2.37
0.54
8.22
0.38
0.21
1.13
3.37
0.40
0.18
0.51
3.04
0.75
9.97
0.30
0.19
0.92
3.67
0.49
0.10
0.56
3.12
0.83
10.17
0.27
0.20
0.97
2.88
0.30
0.05
0.41
2.93
0.60
8.60
0.26
0.19
1.00
2.59
0.38
0.04
0.38
2.44
0.42
7.70
Domestic Consumption
Oil, Coconut
Oil, Cottonseed
Oil, Olive
Oil, Palm
Oil, Palm Kernel
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Total
Ending Stocks
Oil, Coconut
Oil, Cottonseed
Oil, Olive
Oil, Palm
Oil, Palm Kernel
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Total
Oct
2007/08
none
none
3.32
4.97
3.02
39.00
4.79
4.86
18.43
37.69
9.97
126.05
none
none
1.77
0.11
0.61
27.89
1.93
0.20
2.40
10.49
3.09
48.49
none
none
1.73
0.16
0.65
28.15
2.13
0.17
1.96
10.63
3.33
48.91
none
none
3.36
4.93
2.94
39.02
4.50
4.90
18.89
38.01
9.89
126.46
none
none
0.26
0.20
1.00
2.59
0.38
0.04
0.39
2.48
0.44
7.77
Totals may not add due to rounding
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons
2005/06
2006/07
Sep
2007/08
95.94
55.58
58.62
43.43
29.39
98.70
95.53
59.13
57.42
45.03
30.60
104.10
96.61
62.01
59.32
51.56
29.92
107.14
80.16
63.92
55.34
52.24
32.71
106.54
335.22
381.65
391.82
406.55
390.90
17.36
16.90
7.27
5.33
2.23
1.45
0.57
1.19
1.34
1.52
9.05
26.12
16.00
6.83
5.11
2.27
1.56
0.71
1.28
1.52
1.42
9.98
29.00
15.93
6.54
5.48
2.51
1.54
0.61
1.51
1.53
1.37
9.28
29.61
17.01
6.60
5.53
2.39
1.58
1.72
1.66
1.64
1.42
10.63
34.76
17.85
6.62
5.77
2.49
1.84
1.81
1.77
1.65
1.35
11.17
64.19
72.78
75.30
79.76
87.06
20.58
25.16
7.04
4.78
2.78
1.02
1.24
4.41
20.24
30.71
10.08
4.63
2.91
0.13
1.56
4.14
25.99
26.61
7.79
6.80
2.52
0.63
1.28
4.33
23.68
31.69
9.02
7.15
4.66
1.23
1.54
3.72
30.83
27.35
10.68
7.20
4.64
1.42
1.27
3.98
Total
Crush
China, Peoples Republic
United States
Argentina
EU-27
Brazil
India
Indonesia
Mexico
Russian Federation
Pakistan
Japan
Malaysia
Canada
Ukraine
Turkey
Other
67.00
74.40
75.95
82.70
87.36
51.31
45.53
28.18
31.11
31.29
23.45
4.63
5.52
4.41
3.99
5.82
4.05
4.92
3.32
2.81
28.15
60.54
50.17
31.40
33.25
31.24
23.55
5.15
5.51
5.15
5.41
5.42
4.65
4.61
3.34
2.95
30.30
65.29
51.90
35.94
33.73
30.01
25.05
5.58
5.85
6.51
5.08
5.12
4.72
4.91
4.98
2.92
30.92
67.52
53.45
37.02
36.91
32.46
25.02
5.76
5.85
7.04
5.40
5.18
4.58
4.93
5.38
3.21
31.09
68.58
53.88
43.07
37.74
31.65
26.40
6.12
6.11
6.11
5.57
5.20
5.02
5.00
4.51
2.94
32.16
Total
Ending Stocks
Argentina
Brazil
United States
China, Peoples Republic
EU-27
Other
278.47
302.65
318.50
330.78
340.04
16.31
15.52
4.15
2.10
1.76
4.52
17.40
16.77
8.29
4.70
3.20
6.40
17.76
16.75
14.20
4.47
3.74
7.45
23.40
19.35
16.99
3.18
3.10
6.02
22.53
17.26
6.85
3.08
2.38
5.68
340.44
none
21.98
18.52
6.88
3.08
2.36
5.33
44.35
56.75
64.37
72.04
57.78
58.14
2003/04
2004/05
76.60
53.58
50.85
36.84
29.68
87.68
Total
Imports
China, Peoples Republic
EU-27
Japan
Mexico
Taiwan
Thailand
Argentina
Indonesia
Turkey
Korea, Republic of
Other
Total
Exports
Brazil
United States
Argentina
Canada
Paraguay
Ukraine
China, Peoples Republic
Other
Production
United States
Brazil
China, Peoples Republic
Argentina
India
Other
Total
Oct
2007/08
none
79.96
64.99
55.91
52.24
33.29
105.61
392.00
none
34.76
17.60
6.62
5.77
2.49
1.84
1.82
1.77
1.66
1.35
11.14
86.81
none
30.87
27.53
10.72
7.40
4.68
1.30
1.27
3.56
87.31
none
68.79
53.89
43.07
37.49
31.67
26.79
6.12
6.11
6.11
5.86
5.20
5.02
5.00
4.40
2.94
31.99
Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons
33.91
35.21
21.08
21.14
23.28
55.42
39.63
39.27
23.35
22.38
23.63
58.25
43.19
39.95
26.76
22.49
22.68
60.60
44.51
41.50
27.37
24.54
24.50
61.99
45.95
41.79
32.17
25.18
23.87
64.14
190.04
206.49
215.67
224.40
233.10
27.34
2.45
1.88
1.88
1.32
1.63
1.00
20.22
27.29
2.70
2.03
2.02
1.80
1.96
1.53
19.94
28.26
2.95
2.41
2.24
2.12
2.05
1.98
21.98
27.73
3.06
2.73
2.48
1.49
2.18
2.09
23.60
29.54
3.33
2.87
2.74
2.24
2.21
2.18
24.75
57.72
59.26
63.99
65.35
69.86
20.18
14.81
4.94
4.20
1.44
1.79
1.66
9.57
21.79
14.26
6.95
2.45
1.84
1.93
1.52
9.27
25.19
12.91
7.61
4.49
1.99
1.82
1.63
9.65
26.20
12.76
8.30
4.27
2.05
2.00
1.68
10.19
30.77
12.00
7.74
4.39
2.14
2.10
1.75
10.15
58.58
59.99
65.29
67.43
71.03
47.83
34.38
32.08
8.61
8.44
4.90
6.20
3.44
3.40
2.49
37.44
48.72
40.61
33.90
9.85
9.70
5.38
6.01
3.71
3.52
2.61
40.55
49.60
44.82
33.85
10.42
10.10
6.01
5.89
4.00
3.69
2.90
43.80
51.23
45.02
34.88
11.46
10.28
6.16
6.03
4.31
3.96
3.13
45.85
53.75
47.51
35.84
12.03
10.67
6.41
6.06
4.68
4.13
3.41
47.46
Total
SME
EU-27
China, Peoples Republic
United States
Brazil
India
Mexico
Japan
Other
189.21
204.57
215.05
222.29
231.95
44.38
32.75
31.43
8.44
7.42
4.65
6.13
44.35
44.74
38.70
33.23
9.67
8.41
5.11
5.92
47.53
45.49
42.55
33.15
10.28
8.68
5.68
5.80
51.37
46.84
42.65
34.20
11.25
8.90
5.85
5.94
54.18
49.27
45.38
35.11
11.82
9.23
6.07
5.97
56.48
Total
Ending Stocks
Argentina
Brazil
EU-27
India
United States
Other
179.55
193.32
203.01
209.81
219.32
1.06
1.81
1.13
0.43
0.27
2.21
1.47
1.58
1.09
1.25
0.22
2.50
1.80
1.13
1.09
0.75
0.36
2.28
1.73
1.66
1.12
0.48
0.35
2.11
1.95
1.63
1.04
0.37
0.33
2.01
219.34
none
1.86
1.63
1.04
0.45
0.33
2.05
6.91
8.11
7.42
7.45
7.33
7.36
Total
Imports
EU-27
Korea, Republic of
Thailand
Indonesia
China, Peoples Republic
Japan
Mexico
Other
Total
Exports
Argentina
Brazil
United States
India
Indonesia
Malaysia
Canada
Other
Total
Domestic Consumption
EU-27
China, Peoples Republic
United States
Brazil
India
Mexico
Japan
Thailand
Korea, Republic of
Indonesia
Other
Total
2006/07
Oct
2007/08
2004/05
Production
China, Peoples Republic
United States
Argentina
EU-27
Brazil
Other
2005/06
Sep
2007/08
2003/04
none
45.70
41.74
32.15
25.04
23.89
64.33
232.84
none
29.54
3.33
2.87
2.74
2.59
2.21
2.18
24.83
70.29
none
30.75
12.00
7.74
4.49
2.14
2.10
1.75
10.27
71.24
none
53.64
47.50
35.80
12.14
10.74
6.41
6.06
4.68
4.13
3.41
47.48
231.98
none
49.16
45.34
35.10
11.93
9.28
6.07
5.97
56.48
Major Protien Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons
13.77
15.12
11.96
11.80
8.77
6.01
6.67
27.97
16.49
17.15
13.81
12.59
9.76
6.81
6.47
28.71
18.09
17.50
14.75
12.62
10.39
7.63
6.77
30.26
18.67
17.33
15.07
13.97
10.44
7.87
6.57
31.58
20.04
18.75
15.20
14.27
10.53
9.06
7.04
31.16
102.06
111.78
118.00
121.50
126.04
5.63
7.12
4.56
1.91
1.31
1.12
0.89
0.82
0.51
1.22
12.02
6.80
6.69
5.88
1.83
1.62
1.16
1.01
0.98
0.76
0.76
13.22
8.03
6.96
4.86
2.39
1.81
1.08
1.12
1.23
1.05
1.24
14.06
8.96
8.01
5.68
2.40
1.82
1.44
1.22
1.20
0.76
0.77
14.07
9.21
8.71
5.90
2.49
1.85
1.33
1.27
1.27
1.13
0.88
14.10
Total
Exports
Indonesia
Malaysia
Argentina
Brazil
Canada
Ukraine
United States
Other
37.11
40.71
43.83
46.32
48.11
9.12
12.46
5.30
2.79
1.00
0.98
0.74
6.52
11.40
13.63
5.99
2.55
0.98
0.74
0.84
6.42
12.85
13.75
6.89
2.55
1.12
1.61
0.90
6.92
13.37
14.16
7.12
2.53
1.29
1.90
1.31
6.63
14.44
14.09
7.77
2.27
1.28
1.14
1.04
6.58
Total
Domestic Consumption
China, Peoples Republic
EU-27
India
United States
Indonesia
Malaysia
Brazil
Pakistan
Russian Federation
Japan
Mexico
Turkey
Nigeria
Egypt
Bangladesh
Other
38.92
42.55
46.60
48.31
48.60
18.95
16.05
11.17
10.07
4.74
3.56
3.43
2.02
2.39
2.28
1.85
1.33
1.52
1.09
1.08
18.90
20.53
17.95
11.78
10.45
4.98
4.04
3.59
2.42
2.70
2.26
1.85
1.58
1.56
1.17
1.15
20.19
21.51
19.89
12.09
11.17
5.35
4.46
3.66
2.66
2.72
2.18
1.98
1.73
1.58
1.40
1.24
21.39
22.92
22.00
12.23
11.68
5.57
4.75
3.97
2.85
2.77
2.20
1.98
1.77
1.60
1.49
1.41
21.91
23.76
22.71
12.96
12.41
5.70
5.56
4.18
2.90
2.70
2.21
2.09
1.96
1.62
1.54
1.49
22.59
100.40
108.19
115.03
121.08
126.34
1.90
1.57
0.79
0.93
0.58
2.45
1.99
1.81
1.09
1.08
0.63
3.37
1.78
2.33
1.80
1.00
0.63
2.62
1.81
1.52
1.65
0.78
0.58
2.28
1.73
1.49
1.10
0.72
0.58
2.09
126.46
none
1.69
1.49
1.18
0.72
0.58
2.11
8.22
9.97
10.17
8.60
7.70
7.77
Total
Imports
EU-27
China, Peoples Republic
India
United States
Pakistan
Iran
Bangladesh
Egypt
Turkey
Malaysia
Other
Total
Ending Stocks
EU-27
Malaysia
United States
Indonesia
Argentina
Other
Total
2006/07
Oct
2007/08
2004/05
Production
Indonesia
Malaysia
China, Peoples Republic
EU-27
United States
Argentina
India
Other
2005/06
Sep
2007/08
2003/04
none
20.04
18.75
15.14
14.16
10.51
9.18
7.15
31.13
126.05
none
9.21
8.81
5.84
2.53
1.90
1.33
1.27
1.27
1.13
0.88
14.33
48.49
none
14.44
14.09
8.08
2.27
1.28
1.16
1.05
6.56
48.91
none
23.80
22.65
12.98
12.46
5.70
5.56
4.18
2.98
2.70
2.20
2.09
1.96
1.62
1.54
1.49
22.57
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons
Production
United States
Brazil
Argentina
China, Peoples Republic
India
Paraguay
Canada
Other
Total
Imports
China, Peoples Republic
EU-27
Japan
Mexico
Taiwan
Argentina
Thailand
Indonesia
Korea, Republic of
Egypt
Other
Total
Exports
Brazil
United States
Argentina
Paraguay
Canada
Other
Total
Crush
United States
Argentina
China, Peoples Republic
Brazil
EU-27
India
Mexico
Japan
Taiwan
Bolivia
Thailand
Canada
Paraguay
Egypt
Iran
Other
Total
Ending Stocks
Argentina
Brazil
United States
China, Peoples Republic
EU-27
Other
Total
2005/06
2006/07
Sep
2007/08
85,013
53,000
39,000
17,400
5,850
4,040
3,042
8,344
83,368
57,000
40,500
16,350
7,000
3,640
3,161
9,419
86,770
59,000
47,200
16,200
7,690
6,200
3,460
9,253
71,272
61,000
47,000
15,200
8,000
6,200
2,850
9,747
186,531
215,689
220,438
235,773
221,269
16,933
14,675
4,688
3,797
2,217
537
1,407
1,059
1,368
243
7,133
25,802
14,540
4,295
3,640
2,256
692
1,517
1,112
1,240
762
7,660
28,317
13,952
3,957
3,667
2,498
584
1,501
1,280
1,190
776
6,420
28,750
15,000
4,100
3,925
2,375
1,700
1,532
1,500
1,225
1,100
6,869
33,500
15,681
4,150
3,950
2,475
1,800
1,800
1,600
1,225
1,200
7,558
54,057
63,516
64,142
68,076
74,939
20,417
24,128
6,741
2,776
897
1,228
20,137
29,860
9,568
2,888
1,093
1,197
25,911
25,579
7,249
2,465
1,326
1,390
23,500
30,428
8,500
4,600
1,570
1,737
30,688
26,535
10,200
4,600
1,300
1,665
56,187
64,743
63,920
70,335
74,988
41,632
25,040
25,439
29,323
14,084
5,534
3,889
3,536
2,046
1,676
1,385
1,534
985
245
938
6,403
46,160
27,313
30,362
29,252
14,222
5,030
3,729
3,149
2,013
1,815
1,500
1,580
979
721
1,066
6,731
47,324
31,888
34,500
28,285
13,529
5,990
3,823
2,820
2,190
1,843
1,413
1,504
1,220
800
1,154
6,830
49,158
33,200
35,700
30,100
14,711
6,615
3,970
2,925
2,100
1,680
1,432
1,534
1,450
1,100
860
7,398
49,669
38,500
38,200
29,300
15,274
6,830
4,010
2,925
2,225
1,850
1,693
1,500
1,470
1,200
1,000
7,823
163,689
175,622
185,113
193,933
203,469
14,615
15,507
3,059
2,100
906
1,598
15,976
16,750
6,960
4,700
880
2,196
16,473
16,733
12,229
4,473
967
2,000
22,175
19,238
15,589
3,183
987
1,767
21,495
17,125
5,859
3,083
918
1,871
202,894
none
20,695
18,370
5,839
3,083
918
1,842
37,785
47,462
52,875
62,939
50,351
50,747
2003/04
2004/05
66,778
51,000
33,000
15,394
6,800
3,911
2,263
7,385
Oct
2007/08
none
70,707
62,000
47,000
14,600
8,200
6,200
2,780
9,507
220,994
none
33,500
15,681
4,150
3,950
2,475
1,800
1,800
1,600
1,225
1,200
7,603
74,984
none
30,688
26,535
10,200
4,600
1,300
1,565
74,888
none
49,669
38,500
37,600
29,300
15,274
6,965
4,010
2,925
2,225
1,850
1,693
1,500
1,470
1,200
1,000
7,713
Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a September/August
MY. Canada is on an August/July MY. Paraguay is on a March/February MY and Turkey is on an March/February MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons
2005/06
2006/07
Sep
2007/08
36,936
21,601
24,026
22,658
11,194
4,005
2,958
15,409
37,416
25,012
27,296
21,842
10,643
4,772
3,030
15,604
38,992
25,740
28,250
23,350
11,527
5,268
3,146
16,151
39,358
30,225
30,250
22,735
12,000
5,440
3,178
17,110
128,584
138,787
145,615
152,424
160,296
22,012
1,665
1,662
1,307
792
963
1,196
1,163
1,079
851
12,330
21,910
1,849
1,730
1,462
1,311
1,152
1,503
1,377
1,145
216
12,286
22,822
2,071
2,042
1,773
1,728
1,651
1,601
1,272
1,342
508
13,825
22,600
2,300
2,275
1,850
1,850
1,500
1,700
1,485
1,385
900
13,939
24,600
2,550
2,400
2,000
1,950
1,750
1,725
1,560
1,450
950
15,073
Total
Exports
Argentina
Brazil
United States
India
Paraguay
Other
45,020
45,941
50,635
51,784
56,008
19,221
14,792
4,690
3,310
1,082
2,468
20,650
14,256
6,659
1,794
644
2,603
24,197
12,895
7,301
3,679
836
2,512
25,200
12,759
8,029
3,461
1,050
2,839
29,492
12,000
7,484
3,470
1,050
2,685
Total
Domestic Consumption
EU-27
United States
China, Peoples Republic
Brazil
Mexico
Japan
Thailand
Korea, Republic of
Indonesia
Canada
India
Taiwan
Vietnam
Iran
Philippines
Other
45,563
46,606
51,420
53,338
56,181
32,735
28,530
19,547
7,696
3,865
4,175
2,766
2,194
1,650
2,191
1,123
1,719
963
1,601
1,376
16,341
32,574
30,446
23,437
8,878
4,268
3,978
2,965
2,232
1,838
2,277
1,379
1,705
1,152
1,066
1,407
17,510
32,757
30,114
27,776
9,600
4,751
3,846
3,199
2,446
2,085
2,391
1,545
1,815
1,651
1,428
1,452
18,825
33,507
31,117
27,435
10,300
4,991
3,961
3,399
2,667
2,309
2,447
1,944
1,850
1,500
1,586
1,549
20,094
35,956
32,024
30,200
10,875
5,124
4,002
3,730
2,760
2,540
2,485
2,002
1,845
1,750
1,747
1,655
21,327
128,472
137,112
145,681
150,656
160,022
1,017
1,801
858
191
35
1,500
1,423
1,577
859
156
880
1,517
1,672
1,119
866
285
429
1,190
1,617
1,640
866
272
292
1,088
1,715
1,620
860
272
180
1,049
159,922
none
1,715
1,620
860
272
260
1,049
5,402
6,412
5,561
5,775
5,696
5,776
Production
United States
Argentina
China, Peoples Republic
Brazil
EU-27
India
Mexico
Other
Total
Imports
EU-27
Indonesia
Thailand
Korea, Republic of
Mexico
Vietnam
Japan
Philippines
Canada
Iran
Other
Total
Ending Stocks
Argentina
Brazil
EU-27
United States
India
Other
Total
2003/04
2004/05
32,953
19,761
20,190
22,360
11,084
4,422
3,090
14,724
Oct
2007/08
none
39,358
30,225
29,800
22,735
12,000
5,545
3,178
17,025
159,866
none
24,600
2,550
2,400
2,000
1,950
1,750
1,725
1,560
1,450
950
15,508
56,443
none
29,492
12,000
7,484
3,575
1,050
2,785
56,386
none
35,956
32,024
30,000
10,975
5,124
4,002
3,730
2,760
2,540
2,485
2,002
1,845
1,750
1,747
1,655
21,327
Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada is on
an August/July MY. Paraguay is on a March/February MY. Vietnam and the Philippines are on a January/December MY and Bolivia is on a
March/February MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons
7,748
4,729
4,535
5,588
2,531
996
663
3,372
8,782
5,128
5,421
5,615
2,545
900
635
3,521
9,248
5,998
6,149
5,430
2,419
1,075
657
3,554
9,287
6,348
6,380
5,755
2,615
1,192
683
3,685
9,396
7,200
6,845
5,625
2,735
1,230
690
3,897
30,162
32,547
34,530
35,945
37,618
2,728
906
57
735
328
230
302
332
211
20
2,476
1,728
2,026
179
741
318
263
247
247
244
270
2,647
1,516
1,684
710
600
372
302
285
262
265
310
2,622
2,250
1,500
925
850
385
315
305
311
285
266
2,536
2,450
1,575
1,051
800
400
330
315
310
290
285
2,737
8,325
8,910
8,928
9,928
10,543
4,238
2,718
425
251
556
192
68
378
4,757
2,414
600
112
525
205
104
402
5,597
2,466
523
207
269
210
89
461
5,900
2,450
862
247
228
180
90
471
6,400
2,195
590
240
225
207
90
431
Total
Domestic Consumption
United States
China, Peoples Republic
EU-27
Brazil
India
Iran
Mexico
Argentina
Japan
Morocco
Korea, Republic of
Taiwan
Egypt
Bangladesh
Peru
Other
8,826
9,119
9,822
10,428
10,378
7,650
7,157
2,107
2,954
1,885
798
747
394
720
422
405
437
233
366
233
3,498
7,911
7,203
2,178
3,115
2,627
789
781
396
639
429
415
405
303
284
264
3,935
8,146
7,607
2,869
3,133
2,966
780
779
397
573
449
432
396
351
276
302
4,095
8,528
8,553
3,301
3,291
2,701
900
810
453
589
479
445
394
354
330
317
4,188
9,207
9,225
3,564
3,470
2,790
900
820
750
596
490
450
410
366
334
330
4,463
Total
Ending Stocks
United States
Argentina
Brazil
China, Peoples Republic
EU-27
Other
30,006
31,674
33,551
35,633
38,165
488
511
365
341
180
487
771
486
454
247
201
877
1,366
490
313
200
192
560
1,281
485
333
180
203
451
787
535
301
200
200
417
38,014
none
875
485
301
200
200
417
2,372
3,036
3,121
2,933
2,440
2,478
Total
Imports
China, Peoples Republic
India
EU-27
Iran
Morocco
Peru
Venezuela
Bangladesh
Korea, Republic of
Algeria
Other
Total
Exports
Argentina
Brazil
United States
Paraguay
EU-27
Bolivia
Malaysia
Other
Total
2006/07
Oct
2007/08
2004/05
Production
United States
Argentina
China, Peoples Republic
Brazil
EU-27
India
Mexico
Other
2005/06
Sep
2007/08
2003/04
none
9,396
7,350
6,730
5,625
2,735
1,290
690
3,876
37,692
none
2,450
1,525
1,051
800
400
330
315
310
290
285
2,737
10,493
none
6,600
2,195
658
240
225
207
90
411
10,626
none
9,162
9,125
3,564
3,470
2,800
900
820
750
596
490
450
410
366
334
330
4,447
Most countries are on an October/September Marketing Year (MY). Mexico is on a September/August MY. Peru is on an
January/December MY and Paraguay and Bolivia are on a March/February MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 10: Soybeans and Products: World Trade
Thousand Metric Tons
Meal, Soybean
Marketing Year
Oil, Soybean
Oilseed, Soybean
2005/06 2006/07 2007/08 2005/06 2006/07 2007/08
2005/06 2006/07 2007/08
Exports
North America
Canada
(Aug-Jul)
United States
(Sep-Aug)
South America
7,434
8,172
7,629
547
884
680
26,905
31,999
129
138
140
23
22
22
1,326
1,570
27,835
1,300
7,301
8,029
7,484
523
862
658
25,579
30,428
26,535
38,953
39,909
43,538
8,485
8,782
9,247
36,319
37,420
46,378
Argentina
(Oct-Sep)
24,197
25,200
29,492
5,597
5,900
6,600
7,249
8,500
10,200
Brazil
(Oct-Sep)
12,895
12,759
12,000
2,466
2,450
2,195
25,911
23,500
30,688
Paraguay
(Mar-Feb)
836
1,050
1,050
207
247
240
2,465
4,600
4,600
3,681
3,462
3,576
13
16
15
9
7
5
3,679
3,461
3,575
13
16
15
9
7
5
1,352
1,795
1,643
777
746
684
687
909
670
51,420
53,338
56,386
9,822
10,428
10,626
63,920
70,335
74,888
22,822
22,600
24,600
710
925
1,051
13,952
15,000
15,681
4,307
3,885
4,750
1,959
2,714
2,932
36,005
36,505
41,430
South Asia
India
(Oct-Sep)
Other
World Total
Imports
European Union
East Asia
China, Peoples Republic of
(Jan-Dec)
837
35
850
1,516
2,250
2,450
28,317
28,750
33,500
Japan
(Oct-Sep)
1,601
1,700
1,725
61
62
62
3,957
4,100
4,150
Korea, Republic of
(Oct-Sep)
1,773
1,850
2,000
265
285
290
1,190
1,225
1,225
Taiwan
(Oct-Sep)
92
200
90
10
12
15
2,498
2,375
2,475
7,834
8,429
9,230
226
267
269
3,338
3,694
4,212
Southeast Asia
Indonesia
(Oct-Sep)
2,071
2,300
2,550
16
19
16
1,280
1,500
1,600
Malaysia
(Oct-Sep)
779
850
950
75
105
100
389
500
650
Philippines
(Jan-Dec)
1,272
1,485
1,560
29
30
33
101
105
105
Thailand
(Sep-Aug)
2,042
2,275
2,400
0
0
0
1,501
1,532
1,800
Vietnam
(Jan-Dec)
1,651
1,500
1,750
74
80
85
46
35
35
3,198
3,376
3,550
216
227
237
4,108
4,403
4,413
North America
Canada
(Aug-Jul)
1,342
1,385
1,450
78
80
87
349
233
300
Mexico
(Sep-Aug)
1,728
1,850
1,950
122
129
132
3,667
3,925
3,950
South America
3,807
3,979
4,155
937
939
985
1,536
2,612
2,827
Brazil
(Oct-Sep)
195
230
220
28
6
8
63
52
100
Colombia
(Oct-Sep)
691
700
740
160
175
180
367
342
360
Central America
792
830
853
158
151
165
221
290
315
Caribbean
763
810
850
222
233
256
115
170
198
2,149
2,700
2,817
829
1,091
1,063
2,945
3,080
3,430
Middle East
Iran
(Jan-Dec)
508
900
950
600
850
800
1,084
790
950
Israel
(Oct-Sep)
66
74
57
11
20
25
310
450
500
Syria
(Jan-Dec)
404
457
465
2
3
3
313
340
355
Turkey
(Nov-Oct)
242
317
345
163
162
175
950
1,000
1,100
1,618
1,595
1,640
1,115
947
1,020
1,200
1,600
1,700
441
220
180
242
121
150
776
1,100
1,200
3,345
3,580
3,998
2,556
2,434
2,515
722
722
778
50,635
51,784
56,443
8,928
9,928
10,493
64,142
68,076
74,984
North Africa
Egypt
Other
World Total
Foreign Agricultural Service/USDA
Office of Global Analysis
(Oct-Sep)
October 2007
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons
2005/06
2006/07
Sep
2007/08
14,000
15,194
700
647
790
2,544
15,400
15,485
755
690
800
2,681
15,900
15,350
850
770
810
2,697
17,100
16,600
950
830
820
2,697
29,586
33,875
35,811
36,377
38,997
3,710
3,371
3,486
1,297
528
459
281
402
336
450
7,097
4,363
4,027
3,725
1,550
757
616
345
594
439
492
7,236
4,975
4,124
2,899
1,796
847
754
600
546
462
494
8,236
4,900
4,300
3,800
1,785
900
780
630
535
510
500
7,610
5,500
4,550
4,000
1,800
950
800
700
550
530
500
7,696
Total
Exports
Malaysia
Indonesia
Papua New Guinea
Jordan
Colombia
Other
21,417
24,144
25,733
26,250
27,576
11,602
7,856
347
355
188
1,326
12,634
9,621
362
333
222
1,426
12,780
11,135
360
265
213
1,459
12,900
11,600
360
280
225
1,390
13,100
12,600
360
300
295
1,498
Total
Domestic Consumption
China, Peoples Republic
Indonesia
EU-27
India
Malaysia
Pakistan
Nigeria
Bangladesh
Egypt
United States
Thailand
Colombia
Russian Federation
Turkey
Japan
Iran
Vietnam
Burma, Union of
Mexico
South Africa, Republic of
Other
21,674
24,598
26,212
26,755
28,153
3,710
3,779
3,306
3,598
2,234
1,295
961
540
639
234
727
449
401
335
451
353
183
224
306
266
5,299
4,363
4,015
3,915
3,606
2,689
1,542
985
747
616
322
721
437
584
439
492
351
193
278
307
273
5,834
4,975
4,361
4,022
3,125
3,037
1,794
1,005
821
754
567
558
491
536
462
499
362
285
304
351
283
6,441
4,900
4,540
4,195
3,769
3,350
1,797
1,010
925
780
636
657
525
540
510
505
380
350
330
357
353
6,252
5,500
4,605
4,445
4,095
3,950
1,800
1,022
990
800
727
720
550
550
530
500
410
372
365
362
348
6,073
Total
Ending Stocks
Malaysia
Indonesia
EU-27
Pakistan
India
Other
29,290
32,709
35,033
36,661
38,714
1,318
650
198
72
50
370
1,527
1,023
200
80
208
332
1,941
938
200
82
20
488
1,341
708
200
70
100
461
1,291
618
200
70
50
357
39,024
none
1,291
618
200
70
50
357
2,658
3,370
3,669
2,880
2,586
2,586
2003/04
2004/05
11,500
13,420
840
614
780
2,432
Total
Imports
China, Peoples Republic
EU-27
India
Pakistan
Bangladesh
Egypt
United States
Russian Federation
Turkey
Japan
Other
Production
Indonesia
Malaysia
Thailand
Colombia
Nigeria
Other
Total
Foreign Agricultural Service/USDA
Office of Global Analysis
Oct
2007/08
none
17,100
16,600
950
830
820
2,697
38,997
none
5,500
4,550
4,000
1,850
950
800
700
550
530
500
7,956
27,886
none
13,100
12,600
360
300
295
1,498
28,153
none
5,500
4,605
4,445
4,095
3,950
1,850
1,022
990
800
727
720
550
550
530
500
410
372
365
362
348
6,333
October 2007
2003/04
2004/05
2005/06
2006/07
Sep
2007/08
Oct
2007/08
Most countries are based on a October/September Marketing Year (MY). EU-25, Philippines, and Thailand are on an January/December MY
and Turkey is on a November/October MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 12: Rapeseed and Products: World Supply and Distribution
Thousand Metric Tons
Meal, Rapeseed
Marketing Year
Oil, Rapeseed
Oilseed, Rapeseed
2005/06 2006/07 2007/08 2005/06 2006/07 2007/08
2005/06 2006/07 2007/08
Production
China, Peoples Republic of
(Oct-Sep)
8,208
8,050
7,675
4,635
4,550
4,340
13,050
12,700
11,600
India
(Oct-Sep)
3,725
3,410
3,690
2,298
2,135
2,305
7,000
5,800
7,050
Canada
(Aug-Jul)
1,950
1,945
2,015
1,430
1,430
1,475
9,660
9,000
8,860
Japan
(Oct-Sep)
1,277
1,255
1,263
911
895
900
1
1
1
EU-27
(Jul-Jun)
8,216
9,173
9,890
5,955
6,630
7,165
15,523
15,962
17,336
2,849
3,019
3,375
1,915
2,051
2,248
3,498
3,258
4,459
26,225
26,852
27,908
17,144
17,691
18,433
48,732
46,721
49,306
1,250
Other
World Total
Imports
China, Peoples Republic of
(Oct-Sep)
182
375
350
44
240
350
676
850
India
(Oct-Sep)
0
0
0
0
0
0
27
25
25
Canada
(Aug-Jul)
1
1
1
44
136
115
140
175
160
Japan
(Oct-Sep)
31
60
60
28
20
20
2,281
2,200
2,250
EU-27
(Jul-Jun)
95
100
80
316
750
835
378
479
550
2,233
2,335
2,460
1,022
999
1,078
3,163
3,174
3,649
2,542
2,871
2,951
1,454
2,145
2,398
6,665
6,903
7,884
0
Other
World Total
Exports
China, Peoples Republic of
(Oct-Sep)
72
60
40
134
60
60
0
0
India
(Oct-Sep)
651
740
790
0
0
0
8
5
4
Canada
(Aug-Jul)
1,488
1,525
1,597
1,093
1,265
1,250
5,411
5,480
6,000
Japan
(Oct-Sep)
EU-27
(Jul-Jun)
Other
World Total
0
0
0
0
0
0
0
0
0
49
52
64
85
50
60
299
60
60
320
461
527
417
591
589
1,253
1,323
1,991
2,580
2,838
3,018
1,729
1,966
1,959
6,971
6,868
8,055
Domestic Consumption
China, Peoples Republic of
(Oct-Sep)
8,318
8,365
7,985
4,545
4,730
4,630
13,726
13,550
12,850
India
(Oct-Sep)
3,115
2,803
2,900
2,298
2,135
2,305
6,637
6,499
6,849
Canada
(Aug-Jul)
424
429
429
425
348
345
3,907
3,882
3,977
Japan
(Oct-Sep)
1,309
1,330
1,326
943
925
918
2,266
2,225
2,240
EU-27
(Jul-Jun)
8,272
9,213
9,890
6,198
7,336
7,936
15,249
16,868
18,163
4,754
4,918
5,307
2,416
2,543
2,758
5,186
5,377
6,077
26,192
27,058
27,837
16,825
18,017
18,892
46,971
48,401
50,156
Other
World Total
Ending Stocks
China, Peoples Republic of
(Oct-Sep)
0
0
0
0
0
0
0
0
0
India
(Oct-Sep)
325
192
192
0
0
0
1,124
445
667
Canada
(Aug-Jul)
41
33
23
64
17
12
2,007
1,820
863
Japan
(Oct-Sep)
40
25
22
48
38
40
181
157
168
EU-27
(Jul-Jun)
86
94
110
192
186
190
2,044
1,557
1,220
88
63
64
251
167
146
597
329
369
580
407
411
555
408
388
5,953
4,308
3,287
Other
World Total
10/12/2007 9:06:57
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 13: Sunflowerseed and Products World Supply and Distribution
Thousand Metric Tons
Oilseed, Sunflowerseed
Marketing Year
Meal, Sunflowerseed
Oil, Sunflowerseed
2005/06 2006/07 2007/08 2005/06 2006/07 2007/08
2005/06 2006/07 2007/08
Production
Argentina
(Mar-Feb)
3,800
3,500
4,400
1,595
1,451
1,750
1,551
1,425
1,740
Russian Federation
(Sep-Aug)
6,450
6,750
5,700
2,081
2,220
1,860
2,320
2,450
2,075
Turkey
(Sep-Aug)
750
850
700
420
477
432
447
526
475
Ukraine
(Sep-Aug)
4,700
5,300
4,000
1,880
2,015
1,580
1,925
2,060
1,647
EU-27
(Oct-Sep)
Other
World Total
5,958
6,483
4,470
2,892
3,100
2,430
2,105
2,255
1,765
8,336
7,262
8,106
2,563
2,661
2,696
2,168
2,286
2,269
29,994
30,145
27,376
11,431
11,924
10,748
10,516
11,002
9,971
Imports
Argentina
(Mar-Feb)
28
20
20
0
0
0
0
0
0
Russian Federation
(Sep-Aug)
11
10
10
36
35
20
110
70
50
Turkey
(Sep-Aug)
345
419
380
318
323
320
402
81
410
Ukraine
(Sep-Aug)
5
6
5
0
0
0
0
0
0
EU-27
(Oct-Sep)
627
660
500
1,909
1,870
1,550
1,235
1,325
1,100
224
576
226
950
1,175
1,108
1,444
1,919
1,525
1,240
1,691
1,141
3,213
3,403
2,998
3,191
3,395
3,085
Other
World Total
Exports
Argentina
(Mar-Feb)
45
85
110
978
979
1,240
1,220
1,170
1,430
Russian Federation
(Sep-Aug)
396
180
290
831
850
600
616
690
410
Turkey
(Sep-Aug)
3
5
3
1
0
0
85
15
78
Ukraine
(Sep-Aug)
220
336
180
1,337
1,451
1,035
1,579
1,875
1,135
EU-27
(Oct-Sep)
355
800
252
196
160
148
128
126
45
473
490
463
174
177
188
281
250
231
1,492
1,896
1,298
3,517
3,617
3,211
3,909
4,126
3,329
Other
World Total
Domestic Consumption
Argentina
(Mar-Feb)
3,789
3,499
4,250
539
485
485
307
307
307
Russian Federation
(Sep-Aug)
6,045
6,530
5,530
1,281
1,370
1,320
1,774
1,840
1,750
Turkey
(Sep-Aug)
1,103
1,229
1,097
737
800
752
691
654
823
Ukraine
(Sep-Aug)
4,590
4,902
3,855
543
564
545
417
326
460
EU-27
(Oct-Sep)
6,159
6,483
5,050
4,597
4,789
3,914
3,194
3,452
2,982
7,748
7,623
7,812
3,347
3,638
3,607
3,339
3,918
3,567
29,434
30,266
27,594
11,044
11,646
10,623
9,722
10,497
9,889
Other
World Total
Ending Stocks
Argentina
(Mar-Feb)
1,272
1,208
1,268
121
108
133
135
83
86
Russian Federation
(Sep-Aug)
246
296
186
25
60
20
95
85
50
Turkey
(Sep-Aug)
18
53
33
0
0
0
102
40
24
Ukraine
(Sep-Aug)
8
76
46
5
5
5
164
23
75
EU-27
(Oct-Sep)
662
522
190
105
126
44
283
285
123
610
335
392
7
28
37
46
83
79
2,816
2,490
2,115
263
327
239
825
599
437
Other
World Total
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 14: Minor Vegetable Oil Supply and Distribution
Thousand Metric Tons
Oil, Peanut
Marketing Year
Oil, Cottonseed
Oil, Olive
2005/06 2006/07 2007/08 2005/06 2006/07 2007/08
2005/06 2006/07 2007/08
Production
China, Peoples Republic of
(Oct-Sep)
2,270
2,280
2,185
1,352
1,525
1,587
nr
nr
India
(Oct-Sep)
1,557
1,413
1,472
855
942
1,003
nr
nr
nr
Turkey
(Nov-Oct)
3
4
4
208
220
198
125
150
155
United States
(Aug-Jul)
82
76
70
431
381
358
1
1
1
EU-27
(Oct-Sep)
14
16
16
76
70
62
2,000
2,340
2,340
1,041
1,095
1,115
1,732
1,744
1,765
467
499
522
4,967
4,884
4,862
4,654
4,882
4,973
2,593
2,990
3,018
Other
World Total
nr
Imports
China, Peoples Republic of
(Oct-Sep)
0
0
0
0
0
0
nr
nr
nr
India
(Oct-Sep)
0
0
0
0
0
0
nr
nr
nr
Turkey
(Nov-Oct)
0
0
0
7
2
4
0
0
0
United States
(Aug-Jul)
28
48
63
1
1
0
247
260
260
EU-27
(Oct-Sep)
101
105
107
3
5
5
193
225
202
26
29
29
77
101
104
133
151
146
155
182
199
88
109
113
573
636
608
nr
Other
World Total
Exports
China, Peoples Republic of
(Oct-Sep)
14
15
15
0
10
20
nr
nr
India
(Oct-Sep)
1
1
5
0
0
0
nr
nr
nr
Turkey
(Nov-Oct)
0
0
0
2
6
1
35
80
80
United States
(Aug-Jul)
3
5
3
31
61
52
10
10
10
EU-27
(Oct-Sep)
3
3
3
1
1
1
355
380
387
168
137
144
72
85
88
192
176
176
189
161
170
106
163
162
592
646
653
nr
Other
World Total
Domestic Consumption
China, Peoples Republic of
(Oct-Sep)
2,256
2,265
2,170
1,352
1,515
1,567
nr
nr
India
(Oct-Sep)
1,592
1,457
1,477
895
947
978
nr
nr
nr
Turkey
(Nov-Oct)
3
4
4
213
216
201
65
75
75
United States
(Aug-Jul)
123
120
129
390
307
325
238
251
251
EU-27
(Oct-Sep)
114
118
120
79
74
66
2,026
2,125
2,135
928
990
1,004
1,726
1,758
1,793
457
481
476
5,016
4,954
4,904
4,655
4,817
4,930
2,786
2,932
2,937
nr
Other
World Total
Ending Stocks
China, Peoples Republic of
(Oct-Sep)
0
0
0
0
0
0
nr
nr
India
(Oct-Sep)
70
25
15
60
55
80
nr
nr
nr
Turkey
(Nov-Oct)
0
0
0
0
0
0
31
26
26
United States
(Aug-Jul)
11
10
11
45
59
40
0
0
0
EU-27
(Oct-Sep)
5
5
5
3
3
3
805
865
885
14
11
7
82
84
72
81
74
90
100
51
38
190
201
195
917
965
1,001
Other
World Total
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Oil, Peanut
Marketing Year
Oil, Cottonseed
2005/06 2006/07 2007/08 2005/06 2006/07 2007/08
Oil, Olive
2005/06 2006/07 2007/08
Turkey's Cottonseed Oil Marketing Year (MY) is October/September. China and India are not included in the
Olive Oil database. The EU-25's Oilve Oil MY is November/October and the U.S. MY for Oilve Oil is
October/September.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 15: World Oilseeds and Products Supply and Distribution
Million Metric Tons
Area
Beginning Production
Harvested
Stocks
Major Oilseeds
1994/95
Imports
Total
Supply
Exports
Food Use Domestic
Dom. Cons. Consumpti
Ending
Stocks
167.79
22.51
260.98
42.19
325.68
41.52
21.38
255.05
29.11
1995/96
174.11
29.11
257.75
41.95
328.81
41.53
22.04
263.02
24.26
1996/97
170.05
24.26
261.42
45.12
330.80
46.06
22.34
263.72
21.02
1997/98
177.31
21.02
286.79
47.99
355.80
49.20
22.18
275.45
31.15
1998/99
184.83
31.15
294.61
51.87
377.63
51.08
24.43
292.09
34.47
1999/00
188.55
34.47
304.33
58.99
397.79
59.20
25.45
300.40
38.19
2000/01
188.64
38.19
313.94
65.49
417.62
66.82
26.75
311.25
39.55
2001/02
188.58
39.55
324.90
63.65
428.11
62.25
27.56
324.04
41.81
2002/03
186.52
41.81
330.19
71.00
443.01
69.62
27.57
325.33
48.06
2003/04
199.61
48.06
335.22
64.19
447.47
67.00
27.97
336.12
44.35
2004/05
206.28
44.35
381.65
72.78
498.79
74.40
29.33
367.64
56.75
2005/06
211.65
56.75
391.82
75.30
523.87
75.95
29.93
383.55
64.37
2006/07
212.73
64.37
406.55
79.76
550.68
82.70
30.86
395.95
72.04
2007/08
211.54
72.04
392.00
86.81
550.85
87.31
31.17
405.40
58.14
141.46
41.43
190.11
41.74
0.31
140.13
8.24
196.66
43.91
0.30
144.85
7.90
Major Protien Meals
1994/95
nr
7.22
1995/96
nr
8.24
146.36
42.06
1996/97
nr
7.90
147.05
43.55
198.50
44.22
0.33
147.39
6.90
1997/98
nr
6.90
153.32
45.47
205.68
44.32
0.35
153.47
7.90
1998/99
nr
7.90
163.44
46.89
218.23
47.23
0.40
162.49
8.51
1999/00
nr
8.48
167.94
47.32
223.74
46.67
0.43
169.17
7.90
2000/01
nr
7.90
174.75
48.24
230.89
48.46
0.41
175.27
7.16
2001/02
nr
7.16
182.57
51.46
241.20
52.77
0.42
180.88
7.54
2002/03
nr
7.54
185.43
53.61
246.58
53.70
0.42
185.93
6.95
2003/04
nr
6.95
190.04
57.72
254.70
58.58
0.51
189.21
6.91
2004/05
nr
6.91
206.49
59.26
272.67
59.99
0.58
204.57
8.11
2005/06
nr
8.11
215.67
63.99
287.76
65.29
0.58
215.05
7.42
2006/07
nr
7.42
224.40
65.35
297.17
67.43
0.59
222.29
7.45
2007/08
nr
7.45
232.84
70.29
310.58
71.24
0.61
231.98
7.36
Major Vegetable Oils
1994/95
9.70
6.12
67.80
23.24
97.16
24.19
59.63
66.41
6.56
1995/96
9.97
6.56
71.26
21.92
99.74
22.81
62.06
69.25
7.68
1996/97
10.36
7.68
73.74
24.62
106.04
25.98
65.22
72.86
7.19
1997/98
7.69
7.19
75.28
24.68
107.15
26.22
66.43
73.87
7.06
1998/99
7.95
7.06
80.43
26.83
114.32
27.77
70.77
78.62
7.94
1999/00
8.33
7.79
86.01
26.56
120.36
28.74
74.67
82.71
8.91
2000/01
10.23
8.91
89.71
30.33
128.96
30.96
79.02
88.62
9.38
2001/02
10.50
9.38
92.76
31.52
133.66
33.08
81.17
91.66
8.93
2002/03
4.55
8.93
95.82
35.00
139.74
35.79
83.61
95.58
8.37
2003/04
4.42
8.37
102.06
37.11
147.54
38.92
86.68
100.40
8.22
2004/05
4.42
8.22
111.78
40.71
160.71
42.55
91.67
108.19
9.97
2005/06
8.22
9.97
118.00
43.83
171.79
46.60
95.57
115.03
10.17
2006/07
8.29
10.17
121.50
46.32
177.98
48.31
98.74
121.08
8.60
2007/08
7.33
8.60
126.05
48.49
183.14
48.91
101.72
126.46
7.77
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 16: World: Soybeans and Products Supply and Distribution
Million Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Soybean
1994/95
Imports
Total
Supply
Exports
Crush
Domestic
Consumpti
Ending
Stocks
62.13
19.08
137.55
32.76
189.39
31.98
110.52
132.30
25.11
1995/96
61.10
25.11
124.79
32.46
182.37
31.64
112.14
131.71
19.01
1996/97
62.47
19.01
132.03
35.63
186.67
36.76
113.75
133.96
15.95
1997/98
68.56
15.95
157.99
38.16
212.10
39.28
123.26
145.19
27.63
1998/99
71.30
27.63
159.83
38.55
226.01
37.93
134.68
158.85
29.23
1999/00
71.96
29.23
160.41
45.57
235.21
45.62
135.14
159.42
30.18
2000/01
75.44
30.18
175.77
53.05
259.00
53.76
146.59
171.76
33.48
2001/02
79.47
33.48
184.83
54.39
272.70
52.90
158.02
184.46
35.35
2002/03
82.31
35.35
196.79
62.88
295.01
60.98
165.54
191.36
42.67
2003/04
88.41
42.67
186.53
54.06
283.26
56.19
163.69
189.29
37.79
2004/05
93.06
37.79
215.69
63.52
316.99
64.74
175.62
204.79
47.46
2005/06
92.92
47.46
220.44
64.14
332.04
63.92
185.11
215.25
52.88
2006/07
94.14
52.88
235.77
68.08
356.72
70.34
193.93
223.45
62.94
2007/08
91.46
62.94
220.99
74.98
358.92
74.89
202.89
233.28
50.75
87.58
28.89
121.74
28.02
110.78
87.51
6.21
88.88
29.35
124.44
30.57
112.20
88.46
5.41
90.19
30.64
126.23
30.25
113.80
91.14
4.84
Meal, Soybean
1994/95
nr
5.27
1995/96
nr
6.21
1996/97
nr
5.41
1997/98
nr
4.84
98.03
34.02
136.90
32.63
123.39
98.47
5.80
1998/99
nr
5.80
106.42
35.67
147.89
35.39
134.72
105.95
6.55
1999/00
nr
6.55
107.22
34.92
148.69
34.12
135.18
108.67
5.90
2000/01
nr
5.90
116.17
36.06
158.13
36.23
146.63
116.21
5.70
2001/02
nr
5.70
125.08
40.48
171.26
41.67
158.20
123.74
5.85
2002/03
nr
5.85
130.60
42.54
178.99
42.71
165.54
130.45
5.83
2003/04
nr
5.83
128.58
45.02
179.44
45.56
163.69
128.47
5.40
2004/05
nr
5.40
138.79
45.94
190.13
46.61
175.63
137.11
6.41
2005/06
nr
6.41
145.62
50.64
202.66
51.42
185.12
145.68
5.56
2006/07
nr
5.56
152.42
51.78
209.77
53.34
193.94
150.66
5.78
2007/08
nr
5.78
159.87
56.44
222.08
56.39
202.85
159.92
5.78
Oil, Soybean
1994/95
nr
2.32
19.85
5.41
27.58
5.45
110.49
19.31
2.82
1995/96
nr
2.82
20.29
4.74
27.85
4.90
112.14
19.63
3.32
1996/97
nr
3.32
20.44
5.21
28.97
5.71
113.76
20.62
2.64
1997/98
nr
2.64
22.42
6.23
31.28
6.41
123.26
22.16
2.71
1998/99
nr
2.71
24.43
7.24
34.38
7.50
134.71
24.40
2.47
1999/00
nr
2.47
24.49
6.08
33.04
6.22
135.18
23.96
2.87
2000/01
nr
2.87
26.71
7.00
36.58
7.04
146.62
26.41
3.13
2001/02
nr
3.13
28.87
7.75
39.75
8.33
158.20
28.31
3.12
2002/03
nr
3.12
30.54
8.28
41.93
9.03
165.54
30.18
2.72
2003/04
nr
2.72
30.16
8.33
41.20
8.83
163.69
30.01
2.37
2004/05
nr
2.37
32.55
8.91
43.83
9.12
175.62
31.67
3.04
2005/06
nr
3.04
34.53
8.93
46.49
9.82
185.11
33.55
3.12
2006/07
nr
3.12
35.95
9.93
48.99
10.43
193.94
35.63
2.93
2007/08
nr
2.93
37.69
10.49
51.12
10.63
202.87
38.01
2.48
Based on the aggregate of different marketing years, primarily Ocober through September.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 17: World: Rapeseed and Products Supply and Distribution
Million Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Rapeseed
1994/95
Imports
Total
Supply
Exports
Food Use Domestic
Dom. Cons. Consumpti
Ending
Stocks
22.68
0.84
30.24
4.37
35.44
4.34
0.40
30.10
1.00
1995/96
24.20
1.00
34.36
3.87
39.24
4.17
0.40
33.39
1.67
1996/97
21.97
1.67
31.52
3.84
37.03
3.60
0.35
31.39
2.04
1997/98
23.56
2.04
33.17
4.30
39.51
4.26
0.36
34.18
1.07
1998/99
25.46
1.07
35.80
7.04
43.91
6.84
0.28
34.84
2.23
1999/00
26.77
2.23
42.49
8.20
52.93
8.21
0.39
40.48
4.25
2000/01
24.71
4.25
37.35
6.99
48.58
7.18
0.38
38.72
2.69
2001/02
23.31
2.69
36.02
4.95
43.66
4.90
0.44
35.99
2.78
2002/03
21.74
2.78
32.92
4.03
39.73
4.13
0.38
33.78
1.83
2003/04
25.47
1.83
39.43
5.15
46.40
5.48
0.62
39.07
1.85
2004/05
26.78
1.85
46.16
5.01
53.02
4.87
0.63
43.65
4.50
2005/06
27.42
4.50
48.73
6.67
59.90
6.97
0.30
46.97
5.95
2006/07
27.04
5.95
46.72
6.90
59.58
6.87
0.58
48.40
4.31
2007/08
29.85
4.31
49.31
7.88
61.50
8.06
0.54
50.16
3.29
16.49
2.51
19.45
2.54
0.00
16.44
0.47
21.59
2.96
0.00
18.05
0.58
Meal, Rapeseed
1994/95
nr
0.45
1995/96
nr
0.47
18.43
2.69
1996/97
nr
0.58
17.56
2.66
20.81
2.91
0.00
17.39
0.51
1997/98
nr
0.51
18.85
2.82
22.18
2.86
0.00
18.87
0.44
1998/99
nr
0.44
19.24
2.12
21.80
2.04
0.00
19.39
0.37
1999/00
nr
0.34
22.08
2.26
24.67
2.32
0.00
21.97
0.38
2000/01
nr
0.38
21.14
1.92
23.44
1.83
0.00
21.32
0.29
2001/02
nr
0.29
19.95
1.54
21.78
1.51
0.00
19.96
0.30
2002/03
nr
0.30
18.81
1.73
20.84
1.62
0.00
18.94
0.28
2003/04
nr
0.28
21.76
2.49
24.53
2.46
0.00
21.44
0.64
2004/05
nr
0.64
24.15
2.30
27.08
2.24
0.00
24.26
0.59
2005/06
nr
0.59
26.23
2.54
29.35
2.58
0.00
26.19
0.58
2006/07
nr
0.58
26.85
2.87
30.30
2.84
0.00
27.06
0.41
2007/08
nr
0.41
27.91
2.95
31.27
3.02
0.00
27.84
0.41
Oil, Rapeseed
1994/95
nr
0.42
10.01
1.99
12.43
1.79
9.33
10.31
0.33
1995/96
nr
0.33
11.10
1.76
13.19
1.69
10.03
11.04
0.45
1996/97
nr
0.45
10.54
1.61
12.60
1.71
9.48
10.50
0.39
1997/98
nr
0.39
11.42
2.02
13.83
2.00
10.39
11.38
0.46
1998/99
nr
0.46
11.83
1.64
13.92
1.81
10.74
11.62
0.49
1999/00
nr
0.45
13.97
1.73
16.15
1.73
13.02
13.73
0.70
2000/01
nr
0.70
13.32
1.34
15.36
1.20
12.23
13.36
0.79
2001/02
nr
0.79
13.06
1.12
14.98
1.03
12.07
13.25
0.70
2002/03
nr
0.70
12.25
0.89
13.84
0.91
11.01
12.34
0.59
2003/04
nr
0.59
14.17
1.36
16.12
1.33
12.45
14.34
0.46
2004/05
nr
0.46
15.77
1.19
17.41
1.30
12.90
15.60
0.51
2005/06
nr
0.51
17.14
1.45
19.11
1.73
13.10
16.83
0.56
2006/07
nr
0.56
17.69
2.15
20.39
1.97
12.93
18.02
0.41
2007/08
nr
0.41
18.43
2.40
21.24
1.96
13.40
18.89
0.39
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 18: World: Sunflower and Products Supply and Distribution
Million Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Sunflowerseed
1994/95
18.67
Imports
Exports
Domestic
Consumpti
Ending
Stocks
1.15
23.36
2.59
2.53
23.24
1.33
1995/96
20.41
1.33
25.76
3.40
3.10
25.37
2.01
1996/97
19.02
2.01
23.87
3.21
3.24
24.42
1.43
1997/98
19.11
1.43
23.29
3.16
3.00
24.08
0.81
1998/99
21.46
0.81
26.65
3.75
3.69
26.12
1.40
1999/00
23.06
1.40
27.18
2.07
2.04
26.38
2.23
2000/01
19.92
2.23
23.08
2.23
2.52
23.28
1.74
2001/02
18.83
1.74
21.41
1.10
1.19
21.35
1.71
2002/03
20.21
1.71
23.99
1.39
1.52
23.34
2.23
2003/04
23.29
2.23
26.89
2.17
2.27
26.05
2.96
2004/05
21.37
2.96
25.40
1.13
1.21
25.77
2.51
2005/06
23.12
2.51
29.99
1.24
1.49
29.43
2.82
2006/07
23.84
2.82
30.15
1.69
1.90
30.27
2.49
2007/08
22.79
2.49
27.38
1.14
1.30
27.59
2.12
9.62
2.08
2.43
9.16
0.30
10.32
2.16
2.26
10.02
0.49
10.12
2.25
2.39
10.20
0.28
Meal, Sunflowerseed
1994/95
nr
0.19
1995/96
nr
0.30
1996/97
nr
0.49
1997/98
nr
0.28
9.84
2.26
2.39
9.62
0.36
1998/99
nr
0.36
10.57
2.55
2.85
10.25
0.39
1999/00
nr
0.39
10.61
2.54
2.34
10.81
0.39
2000/01
nr
0.39
9.35
2.23
2.00
9.66
0.31
2001/02
nr
0.31
8.33
1.91
2.11
8.21
0.23
2002/03
nr
0.23
9.04
2.20
2.31
9.00
0.17
2003/04
nr
0.17
10.22
2.62
2.86
9.96
0.19
2004/05
nr
0.19
10.02
2.63
2.77
9.89
0.18
2005/06
nr
0.18
11.43
3.21
3.52
11.04
0.26
2006/07
nr
0.26
11.92
3.40
3.62
11.65
0.33
2007/08
nr
0.33
10.75
3.00
3.21
10.62
0.24
Oil, Sunflowerseed
1994/95
nr
0.68
8.27
2.64
2.91
8.04
0.65
1995/96
nr
0.65
9.07
2.53
2.57
8.53
1.15
1996/97
nr
1.15
8.65
3.08
3.27
8.86
0.75
1997/98
nr
0.75
8.49
2.69
2.98
8.33
0.63
1998/99
nr
0.63
9.29
2.92
3.11
8.86
0.87
1999/00
nr
0.83
9.30
2.49
2.90
8.82
0.90
2000/01
nr
0.90
8.17
2.01
2.22
8.19
0.67
2001/02
nr
0.67
7.42
1.76
1.92
7.46
0.47
2002/03
nr
0.47
8.14
2.00
2.25
7.87
0.49
2003/04
nr
0.49
9.19
1.92
2.67
8.39
0.54
2004/05
nr
0.54
9.17
2.17
2.64
8.50
0.75
2005/06
nr
0.75
10.52
3.19
3.91
9.72
0.83
2006/07
nr
0.83
11.00
3.40
4.13
10.50
0.60
2007/08
nr
0.60
9.97
3.09
3.33
9.89
0.44
Based on the aggregate of different marketing years, primarily September through August.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution
Million Metric Tons
Beginning Production
Stocks
Imports
Total
Supply
Exports
Industrial Food Use Domestic
Dom. Cons.Dom. Cons. Consumpti
Ending
Stocks
Oil, Palm
1994/95
1.25
14.89
9.92
26.06
10.38
2.34
11.79
14.32
1.36
1995/96
1.36
16.21
9.98
27.54
10.53
2.68
12.40
15.29
1.72
1996/97
1.72
17.64
11.54
30.90
11.83
2.78
14.12
17.17
1.91
1997/98
1.91
16.97
10.35
29.23
10.82
2.69
13.86
16.77
1.64
1998/99
1.64
19.23
11.95
32.82
12.36
2.81
14.88
17.91
2.55
1999/00
2.51
21.82
13.06
37.39
14.03
2.80
17.40
20.49
2.88
2000/01
2.88
24.30
16.25
43.42
16.51
3.29
20.32
24.06
2.85
2001/02
2.85
25.36
17.02
45.23
17.68
3.74
20.65
24.96
2.59
2002/03
2.59
27.71
19.70
50.00
19.64
4.79
22.36
27.74
2.62
2003/04
2.62
29.59
21.42
53.62
21.67
5.80
22.89
29.29
2.66
2004/05
2.66
33.88
24.14
60.68
24.60
7.05
24.98
32.71
3.37
2005/06
3.37
35.81
25.73
64.91
26.21
7.76
26.59
35.03
3.67
2006/07
3.67
36.38
26.25
66.30
26.76
8.49
27.43
36.66
2.88
2007/08
2.88
39.00
27.89
69.76
28.15
9.61
28.66
39.02
2.59
0.51
4.20
0.56
0.10
3.45
3.56
0.08
0.25
0.11
3.95
4.07
0.12
Oil, Cottonseed
1994/95
0.09
3.59
1995/96
0.08
3.93
0.43
4.43
1996/97
0.12
3.69
0.28
4.09
0.23
0.12
3.65
3.77
0.09
1997/98
0.09
3.69
0.22
4.00
0.25
0.12
3.55
3.67
0.08
1998/99
0.08
3.53
0.18
3.78
0.16
0.12
3.43
3.56
0.06
1999/00
0.06
3.56
0.16
3.78
0.17
0.14
3.38
3.52
0.09
2000/01
0.09
3.53
0.20
3.82
0.19
0.12
3.36
3.48
0.14
2001/02
0.14
3.80
0.17
4.11
0.18
0.13
3.70
3.84
0.09
2002/03
0.09
3.51
0.12
3.72
0.14
0.13
3.39
3.52
0.06
2003/04
0.06
3.85
0.13
4.04
0.14
0.15
3.66
3.80
0.10
2004/05
0.10
4.78
0.10
4.99
0.12
0.17
4.49
4.66
0.21
2005/06
0.21
4.65
0.09
4.95
0.11
0.21
4.44
4.66
0.19
2006/07
0.19
4.88
0.11
5.18
0.16
0.23
4.58
4.82
0.20
2007/08
0.20
4.97
0.11
5.29
0.16
0.24
4.69
4.93
0.20
Meal, Fish
1994/95
0.68
6.43
3.73
10.85
4.01
0.09
0.00
6.09
0.74
1995/96
0.74
6.37
3.55
10.66
3.55
0.09
0.00
6.27
0.84
1996/97
0.84
6.64
3.49
10.97
4.06
0.09
0.00
6.26
0.65
1997/98
0.65
4.97
2.28
7.90
2.26
0.09
0.00
4.98
0.66
1998/99
0.66
5.81
2.78
9.24
3.09
0.08
0.00
5.49
0.67
1999/00
0.67
6.33
3.70
10.69
3.67
0.08
0.00
6.38
0.65
2000/01
0.65
5.93
3.48
10.05
3.47
0.08
0.00
6.18
0.40
2001/02
0.40
5.84
3.25
9.49
3.06
0.08
0.00
5.76
0.68
2002/03
0.68
4.82
2.84
8.34
2.87
0.08
0.00
5.17
0.30
2003/04
0.30
5.29
3.11
8.69
3.21
0.07
0.00
5.29
0.20
2004/05
0.20
5.66
3.63
9.49
3.54
0.05
0.00
5.66
0.29
2005/06
0.29
4.83
2.91
8.03
2.73
0.05
0.00
5.08
0.22
2006/07
0.22
4.96
2.73
7.91
2.55
0.05
0.00
5.08
0.28
2007/08
0.28
5.50
3.16
8.94
3.24
0.05
0.00
5.44
0.26
Based on the aggregate of different marketing years.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year
Thousand Metric Tons
Area
Beginning Production
Harvested
Stocks
Major Oilseeds
1994/95
Imports
Total
Supply
Exports
Crush
Domestic
Consumpti
Ending
Stocks
32,183
6,678
79,671
510
86,859
23,865
43,994
52,721
10,273
1995/96
33,536
10,273
69,026
466
79,765
23,872
42,572
49,842
6,051
1996/97
32,555
6,051
74,755
594
81,400
24,746
44,135
52,000
4,654
1997/98
35,351
4,654
83,095
670
88,419
24,519
48,889
57,455
6,445
1998/99
35,275
6,445
84,365
684
91,494
22,721
47,814
57,993
10,780
1999/00
37,149
10,780
82,315
759
93,854
27,395
47,891
57,474
8,985
2000/01
36,805
8,985
84,891
817
94,693
27,976
49,066
58,897
7,820
2001/02
37,323
7,820
89,832
653
98,305
29,966
50,622
61,466
6,873
2002/03
36,284
6,873
83,935
550
91,358
29,433
47,495
56,090
5,835
2003/04
36,041
5,835
76,599
504
82,938
25,159
45,529
53,627
4,152
2004/05
36,808
4,152
95,938
681
100,771
30,708
50,167
61,774
8,289
2005/06
36,587
8,289
95,532
664
104,485
26,611
51,897
63,673
14,201
2006/07
36,962
14,201
96,612
1,029
111,842
31,692
53,446
63,156
16,994
2007/08
31,432
16,994
79,956
932
97,882
27,526
53,891
63,475
6,881
33,240
860
34,300
6,468
43,994
27,570
262
33,604
5,765
42,572
27,587
252
Major Protien Meals
1994/95
nr
200
1995/96
nr
262
32,294
1,048
1996/97
nr
252
33,772
1,025
35,049
6,705
44,135
28,115
229
1997/98
nr
229
37,422
1,355
39,006
8,958
48,889
29,749
299
1998/99
nr
299
36,799
1,206
38,304
7,234
47,814
30,737
333
1999/00
nr
333
36,700
1,224
38,257
7,138
47,891
30,822
297
2000/01
nr
297
38,219
1,166
39,682
7,605
49,066
31,681
396
2001/02
nr
396
38,892
1,059
40,347
7,521
50,622
32,540
286
2002/03
nr
286
36,608
1,194
38,088
5,924
47,495
31,918
246
2003/04
nr
246
35,214
1,835
37,295
4,944
45,529
32,077
274
2004/05
nr
274
39,265
1,529
41,068
6,954
50,167
33,899
215
2005/06
nr
215
39,951
1,653
41,819
7,608
51,897
33,849
362
2006/07
nr
362
41,497
1,676
43,535
8,298
53,446
34,884
353
2007/08
nr
353
41,735
1,780
43,868
7,736
53,891
35,802
330
Major Vegetable Oils
1994/95
0
774
8,486
1,294
10,554
1,953
43,994
7,862
739
1995/96
0
739
8,169
1,279
10,187
977
42,572
8,059
1,151
1996/97
0
1,151
8,333
1,553
11,037
1,515
44,135
8,579
943
1997/98
0
943
9,505
1,644
12,092
2,044
48,889
9,064
984
1998/99
0
984
9,430
1,436
11,850
1,634
47,814
9,217
999
1999/00
0
999
9,371
1,527
11,897
1,126
47,891
9,554
1,217
2000/01
0
1,217
9,509
1,683
12,409
1,047
49,066
9,722
1,640
2001/02
0
1,640
9,645
1,627
12,912
1,549
50,622
10,058
1,305
2002/03
0
1,305
9,184
1,542
12,031
1,237
47,495
9,873
921
2003/04
0
921
8,768
1,911
11,600
739
45,529
10,068
793
2004/05
0
793
9,757
1,834
12,384
840
50,167
10,451
1,093
2005/06
0
1,093
10,390
2,388
13,871
899
51,897
11,174
1,798
2006/07
0
1,798
10,438
2,403
14,639
1,311
53,446
11,683
1,645
2007/08
0
1,645
10,507
2,532
14,684
1,047
53,891
12,458
1,179
Based on the aggregate of different marketing years
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Soybean
1994/95
Imports
Total
Supply
Exports
Crush
Domestic
Consumpti
Ending
Stocks
24,609
5,691
68,444
149
74,284
22,867
38,242
42,305
9,112
1995/96
24,906
9,112
59,174
121
68,407
23,108
37,273
40,306
4,993
1996/97
25,637
4,993
64,780
242
70,015
24,110
39,080
42,317
3,588
1997/98
27,968
3,588
73,176
135
76,899
23,760
43,464
47,701
5,438
1998/99
28,507
5,438
74,598
82
80,118
21,898
43,262
48,736
9,484
1999/00
29,318
9,484
72,224
114
81,822
26,537
42,927
47,388
7,897
2000/01
29,303
7,897
75,055
97
83,049
27,103
44,625
49,203
6,743
2001/02
29,532
6,743
78,672
63
85,478
28,948
46,259
50,867
5,663
2002/03
29,339
5,663
75,010
127
80,800
28,423
43,948
47,524
4,853
2003/04
29,330
4,853
66,778
151
71,782
24,128
41,632
44,595
3,059
2004/05
29,930
3,059
85,013
152
88,224
29,860
46,160
51,404
6,960
2005/06
28,834
6,960
83,368
92
90,420
25,579
47,324
52,612
12,229
2006/07
30,190
12,229
86,770
245
99,244
30,428
49,158
53,227
15,589
2007/08
25,422
15,589
70,707
163
86,459
26,535
49,669
54,085
5,839
30,182
58
30,376
6,205
38,242
23,968
203
29,779
5,524
37,273
24,062
193
Meal, Soybean
1994/95
nr
136
1995/96
nr
203
29,508
68
1996/97
nr
193
31,035
92
31,320
6,451
39,080
24,678
191
1997/98
nr
191
34,633
51
34,875
8,722
43,464
25,955
198
1998/99
nr
198
34,285
90
34,573
6,979
43,262
27,294
300
1999/00
nr
300
34,102
45
34,447
6,912
42,927
27,269
266
2000/01
nr
266
35,730
46
36,042
7,335
44,625
28,359
348
2001/02
nr
348
36,552
130
37,030
7,271
46,259
29,541
218
2002/03
nr
218
34,649
157
35,024
5,728
43,948
29,096
200
2003/04
nr
200
32,953
258
33,411
4,690
41,632
28,530
191
2004/05
nr
191
36,936
134
37,261
6,659
46,160
30,446
156
2005/06
nr
156
37,416
128
37,700
7,301
47,324
30,114
285
2006/07
nr
285
38,992
141
39,418
8,029
49,158
31,117
272
2007/08
nr
272
39,358
150
39,780
7,484
49,669
32,024
272
Oil, Soybean
1994/95
nr
500
7,082
8
7,590
1,217
38,242
5,857
516
1995/96
nr
516
6,913
43
7,472
450
37,273
6,108
914
1996/97
nr
914
7,145
24
8,083
922
39,080
6,471
690
1997/98
nr
690
8,229
27
8,946
1,397
43,464
6,922
627
1998/99
nr
627
8,202
37
8,866
1,076
43,262
7,101
689
1999/00
nr
689
8,085
37
8,811
624
42,927
7,283
904
2000/01
nr
904
8,355
33
9,292
636
44,625
7,401
1,255
2001/02
nr
1,255
8,572
21
9,848
1,143
46,259
7,635
1,070
2002/03
nr
1,070
8,360
21
9,451
1,027
43,948
7,748
676
2003/04
nr
676
7,748
139
8,563
425
41,632
7,650
488
2004/05
nr
488
8,782
12
9,282
600
46,160
7,911
771
2005/06
nr
771
9,248
16
10,035
523
47,324
8,146
1,366
2006/07
nr
1,366
9,287
18
10,671
862
49,158
8,528
1,281
2007/08
nr
1,281
9,396
18
10,695
658
49,669
9,162
875
Data based on Local Marketing Year (MY). Soybeans are on a September/August MY, and Soybean Meal and
Oil are on an October/September MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Soybean (Local)
1994/95
11,680
Imports
Total
Supply
Exports
Crush
Domestic
Consumpti
Ending
Stocks
589
25,900
900
27,389
3,492
21,599
23,249
648
1995/96
10,950
648
24,150
1,300
26,098
3,633
20,083
21,631
834
1996/97
11,800
834
27,300
1,450
29,584
8,327
18,944
20,658
599
1997/98
13,000
599
32,500
634
33,733
9,325
21,832
23,586
822
1998/99
12,900
822
31,300
616
32,738
8,912
21,645
23,423
403
1999/00
13,600
403
34,700
794
35,897
11,779
21,578
23,502
616
2000/01
13,934
616
39,500
854
40,970
15,521
22,773
24,992
457
2001/02
16,350
457
43,500
1,100
45,057
16,074
25,843
28,302
681
2002/03
18,448
681
52,000
1,124
53,805
19,987
27,796
30,520
3,298
2003/04
21,476
3,298
51,000
364
54,662
19,257
28,914
31,807
3,598
2004/05
22,800
3,598
53,000
352
56,950
22,799
29,728
32,513
1,638
2005/06
22,229
1,638
57,000
40
58,678
24,770
28,756
31,656
2,252
2006/07
20,700
2,252
59,000
60
61,312
26,500
29,300
32,234
2,578
2007/08
21,500
2,578
62,000
100
64,678
30,800
29,100
31,750
2,128
16,977
0
17,417
11,471
21,599
5,300
646
16,590
10,900
20,083
5,242
448
Meal, Soybean (Local)
1994/95
nr
440
1995/96
nr
646
15,835
109
1996/97
nr
448
14,863
305
15,616
9,841
18,944
5,350
425
1997/98
nr
425
17,235
157
17,817
10,861
21,832
6,435
521
1998/99
nr
521
17,000
75
17,596
10,132
21,645
6,870
594
1999/00
nr
594
16,831
119
17,544
9,876
21,578
7,068
600
2000/01
nr
600
17,753
230
18,583
11,110
22,773
7,171
302
2001/02
nr
302
20,392
388
21,082
12,783
25,843
7,596
703
2002/03
nr
703
21,773
337
22,813
13,542
27,796
8,292
979
2003/04
nr
979
22,330
227
23,536
14,596
28,914
8,099
841
2004/05
nr
841
22,928
244
24,013
14,252
29,728
9,121
640
2005/06
nr
640
22,300
214
23,154
12,287
28,756
10,173
694
2006/07
nr
694
22,750
220
23,664
12,450
29,300
10,500
714
2007/08
nr
714
22,575
210
23,499
11,830
29,100
11,000
669
Oil, Soybean (Local)
1994/95
nr
146
4,061
162
4,369
1,643
21,599
2,502
224
1995/96
nr
224
3,776
175
4,175
1,323
20,083
2,664
188
1996/97
nr
188
3,527
178
3,893
1,077
18,944
2,662
154
1997/98
nr
154
4,083
197
4,434
1,413
21,832
2,795
226
1998/99
nr
226
4,048
243
4,517
1,519
21,645
2,762
236
1999/00
nr
236
4,036
111
4,383
1,134
21,578
2,971
278
2000/01
nr
278
4,370
87
4,735
1,616
22,773
2,937
182
2001/02
nr
182
4,905
140
5,227
2,100
25,843
2,936
191
2002/03
nr
191
5,349
47
5,587
2,405
27,796
2,897
285
2003/04
nr
285
5,579
14
5,878
2,531
28,914
3,054
293
2004/05
nr
293
5,708
3
6,004
2,697
29,728
3,059
248
2005/06
nr
248
5,521
18
5,787
2,315
28,756
3,222
250
2006/07
nr
250
5,625
16
5,891
2,240
29,300
3,340
311
2007/08
nr
311
5,585
8
5,904
2,090
29,100
3,510
304
Data based on Brazil's local February/January Marketing Year (MY).
Where February 2006 - January 2007 is the 2005/06 MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years
Thousand Metric Tons
Area
Beginning Production
Harvested
Stocks
Oilseed, Soybean (Local)
1994/95
5,700
Imports
Total
Supply
Exports
Crush
Domestic
Consumpti
Ending
Stocks
975
12,500
93
13,568
2,711
9,352
9,926
1995/96
5,980
931
12,480
101
13,512
2,013
9,945
10,535
964
1996/97
6,200
964
11,200
997
13,161
489
10,423
11,055
1,617
1997/98
6,954
1,617
19,500
289
21,406
2,855
16,742
17,499
1,052
1998/99
8,165
1,052
20,000
251
21,303
3,097
17,108
17,933
273
1999/00
8,583
273
21,200
301
21,774
4,109
16,514
17,449
216
2000/01
10,401
216
27,800
291
28,307
7,377
19,507
20,587
343
2001/02
11,400
343
30,000
297
30,640
6,221
22,397
23,597
822
2002/03
12,600
822
35,500
377
36,699
8,809
24,815
26,140
1,750
2003/04
14,000
1,750
33,000
719
35,469
6,799
25,072
26,509
2,161
2004/05
14,400
2,161
39,000
709
41,870
10,686
29,560
31,010
174
2005/06
15,200
174
40,500
1,013
41,687
7,130
32,748
34,223
334
2006/07
15,900
334
47,200
1,800
49,334
9,700
35,300
36,820
2,814
2007/08
16,800
2,814
47,000
1,800
51,614
10,300
38,750
40,370
944
7,622
0
9,545
7,210
9,352
320
2,015
9,970
7,772
9,945
328
1,870
Meal, Soybean (Local)
1994/95
931
nr
1,923
1995/96
nr
2,015
7,955
0
1996/97
nr
1,870
8,390
0
10,260
8,033
10,423
337
1,890
1997/98
nr
1,890
13,440
0
15,330
12,689
16,742
343
2,298
1998/99
nr
2,298
13,438
0
15,736
12,761
17,108
342
2,633
1999/00
nr
2,633
13,113
0
15,746
12,854
16,514
350
2,542
2000/01
nr
2,542
15,492
0
18,034
15,979
19,507
374
1,681
2001/02
nr
1,681
17,762
0
19,443
17,572
22,397
423
1,448
2002/03
nr
1,448
19,667
0
21,115
19,162
24,815
500
1,453
2003/04
nr
1,453
19,741
2
21,196
19,078
25,072
530
1,588
2004/05
nr
1,588
23,350
1
24,939
22,703
29,560
550
1,686
2005/06
nr
1,686
25,582
0
27,268
24,698
32,748
574
1,996
2006/07
nr
1,996
27,550
0
29,546
27,235
35,300
615
1,696
2007/08
nr
1,696
30,400
0
32,096
29,764
38,750
640
1,692
Oil, Soybean (Local)
1994/95
nr
652
1,733
0
2,385
1,545
9,352
151
689
1995/96
nr
689
1,758
0
2,447
1,694
9,945
189
564
1996/97
nr
564
1,859
0
2,423
1,770
10,423
208
445
1997/98
nr
445
2,953
0
3,398
2,544
16,742
217
637
1998/99
nr
637
3,118
0
3,755
3,085
17,108
230
440
1999/00
nr
440
3,017
0
3,457
2,837
16,514
242
378
2000/01
nr
378
3,630
0
4,008
3,510
19,507
287
211
2001/02
nr
211
4,165
0
4,376
3,639
22,397
357
380
2002/03
nr
380
4,672
0
5,052
4,245
24,815
389
418
2003/04
nr
418
4,724
0
5,142
4,446
25,072
392
304
2004/05
nr
304
5,558
0
5,862
5,082
29,560
395
385
2005/06
nr
385
6,169
0
6,554
5,665
32,748
405
484
2006/07
nr
484
6,750
0
7,234
6,250
35,300
465
519
2007/08
nr
519
7,400
0
7,919
6,670
38,750
750
499
Data based on Argentina's Local April/March Marketing Year (MY).
Where April 2006 - March 2007 is the 2005/06 MY.
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 24: South East Asia: Oilseeds and Products Supply and Distribution
Thousand Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
4,011
7,042
1,410
3,023
15,486
4,200
8,043
1,453
3,171
16,867
4,189
8,479
1,540
3,048
17,256
3,989
8,736
1,510
3,161
17,396
3,949
9,418
1,586
3,113
18,066
Imports
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
143
221
6,051
365
6,780
157
208
6,801
380
7,546
153
266
7,834
406
8,659
161
300
8,429
501
9,391
158
300
9,230
541
10,229
Imports
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
1,723
0
148
0
420
2,291
1,413
0
153
0
405
1,971
1,973
0
226
0
479
2,678
1,580
0
267
0
432
2,279
1,790
0
269
0
447
2,506
Domestic Consumption
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
514
221
7,651
2,035
10,421
532
208
8,414
2,225
11,379
490
266
9,528
2,318
12,602
516
300
9,894
2,462
13,172
536
300
10,979
2,521
14,336
Domestic Consumption
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
7,379
0
391
74
3,004
10,848
8,258
0
412
80
3,132
11,882
8,901
0
471
78
3,278
12,728
9,632
0
489
78
3,328
13,527
10,431
0
555
78
3,561
14,625
Industrial Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
2,184
0
73
0
1,924
4,181
2,553
0
68
0
2,074
4,695
2,871
0
71
0
2,258
5,200
3,252
0
69
0
2,278
5,599
3,880
0
69
0
2,523
6,472
Food Use Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
4,930
0
318
74
1,068
6,390
5,363
0
344
80
1,040
6,827
5,670
0
400
78
997
7,145
5,980
0
420
78
1,030
7,508
6,146
0
486
78
1,023
7,733
SME
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
743
157
7,651
1,130
9,681
769
148
8,414
1,179
10,510
708
189
9,528
1,195
11,620
746
213
9,894
1,282
12,135
775
213
10,979
1,302
13,269
Production
Oilseed, Copra
Oilseed, Palm Kernel
Oilseed, Soybean
Other
Total
Oct
2007/08
none
none
3,949
9,418
1,586
3,113
18,066
none
none
158
300
9,230
541
10,229
none
none
1,790
0
269
0
447
2,506
none
none
536
300
10,979
2,521
14,336
none
none
10,431
0
555
78
3,561
14,625
none
none
3,880
0
69
0
2,523
6,472
none
none
6,146
0
486
78
1,023
7,733
none
none
775
213
10,979
1,302
13,269
Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
Production
Oilseed, Cottonseed
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Other
Total
2,054
0
166
655
85
2,960
2,147
0
165
708
80
3,100
2,012
0
140
809
80
3,041
1,834
0
155
909
80
2,978
1,824
0
155
759
80
2,818
Imports
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
66
0
3,130
476
3,672
47
18
2,411
474
2,950
43
7
2,149
563
2,762
45
5
2,700
624
3,374
45
12
2,817
636
3,510
Imports
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
2,151
5
874
120
59
3,209
2,196
3
971
241
71
3,482
2,273
11
829
682
45
3,840
2,325
2
1,091
418
57
3,893
2,185
2
1,063
675
59
3,984
Domestic Consumption
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
71
0
4,741
1,765
6,577
52
20
4,349
1,786
6,207
48
59
4,345
1,821
6,273
50
75
4,798
1,902
6,825
50
70
5,106
1,840
7,066
Domestic Consumption
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
1,550
5
1,109
645
553
3,862
1,689
4
1,211
732
593
4,229
1,819
47
1,246
990
576
4,678
1,828
48
1,402
1,010
584
4,872
1,649
48
1,440
1,107
580
4,824
32
0
72
11
37
152
143
0
157
17
39
356
195
39
196
21
55
506
267
40
210
22
56
595
264
40
233
22
54
613
Food Use Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
1,518
5
1,014
619
516
3,672
1,546
4
1,028
699
554
3,831
1,624
8
1,027
949
521
4,129
1,561
8
1,171
968
528
4,236
1,385
8
1,180
1,063
526
4,162
SME
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
103
0
4,741
1,555
6,399
75
14
4,349
1,567
6,005
69
42
4,345
1,606
6,062
72
53
4,798
1,686
6,610
72
50
5,106
1,629
6,857
Industrial Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
Oct
2007/08
none
none
1,742
0
155
759
80
2,736
none
none
45
12
2,817
636
3,510
none
none
2,435
2
1,063
675
59
4,234
none
none
50
70
5,106
1,828
7,054
none
none
1,899
48
1,440
1,107
568
5,062
none
none
264
40
233
22
54
613
none
none
1,635
8
1,180
1,063
514
4,400
none
none
72
50
5,106
1,622
6,850
Middle East includes Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United
Arab Emirates, West Banks, and Yemen.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 26: European Union (27): Oilseeds and Products Supply and Distribution
Thousand Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
Production
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Other
Total
11,185
825
6,155
597
18,762
15,432
1,086
6,463
751
23,732
15,523
1,174
5,958
815
23,470
15,962
1,241
6,483
678
24,364
17,136
1,019
4,605
618
23,378
Imports
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
596
107
22,012
4,621
27,336
648
110
21,910
4,623
27,291
564
95
22,822
4,778
28,259
400
100
22,600
4,625
27,725
525
80
24,600
4,335
29,540
3,371
33
57
517
1,653
5,631
4,027
34
179
862
1,702
6,804
4,124
316
710
1,235
1,642
8,027
4,300
750
925
1,325
1,655
8,955
4,550
835
1,051
1,100
1,669
9,205
Domestic Consumption
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
926
6,104
32,735
8,066
47,831
893
7,494
32,574
7,762
48,723
861
8,272
32,757
7,712
49,602
722
9,213
33,507
7,786
51,228
877
9,890
35,956
7,030
53,753
Domestic Consumption
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
3,306
4,406
2,107
2,647
3,585
16,051
3,915
5,257
2,178
2,900
3,703
17,953
4,022
6,198
2,869
3,194
3,607
19,890
4,195
7,336
3,301
3,452
3,714
21,998
4,445
7,936
3,564
3,032
3,732
22,709
671
1,783
336
102
405
3,297
1,035
2,598
410
114
409
4,566
1,116
3,579
1,122
114
407
6,338
1,150
4,940
1,553
115
410
8,168
1,235
5,335
1,810
115
415
8,910
Food Use Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
2,375
2,616
1,651
2,542
3,144
12,328
2,620
2,653
1,648
2,783
3,258
12,962
2,646
2,614
1,617
3,078
3,163
13,118
2,775
2,391
1,618
3,335
3,269
13,388
2,940
2,596
1,621
2,915
3,282
13,354
SME
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
1,338
4,343
32,735
5,963
44,379
1,290
5,332
32,574
5,545
44,741
1,244
5,886
32,757
5,600
45,487
1,043
6,555
33,507
5,737
46,842
1,267
7,037
35,956
5,009
49,269
Imports
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
Industrial Dom. Cons.
Oil, Palm
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
Oct
2007/08
none
none
17,336
1,019
4,470
504
23,329
none
none
525
80
24,600
4,335
29,540
none
none
4,550
835
1,051
1,100
1,669
9,205
none
none
877
9,890
35,956
6,912
53,635
none
none
4,445
7,936
3,564
2,982
3,724
22,651
none
none
1,235
5,335
1,810
115
415
8,910
none
none
2,940
2,596
1,621
2,865
3,274
13,296
none
none
1,267
7,037
35,956
4,901
49,161
EU-25 includes Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Italy,
Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and United Kingdom.
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
13,420
11,420
15,394
1,743
8,870
50,847
14,340
13,182
17,400
1,552
12,150
58,624
14,340
13,050
16,350
1,927
11,755
57,422
14,610
12,700
16,200
1,900
13,910
59,320
14,000
11,600
15,200
1,800
12,740
55,340
Imports
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
1,128
75
19
101
1,323
1,582
90
69
56
1,797
983
182
837
114
2,116
1,000
375
35
75
1,485
1,300
350
500
90
2,240
Imports
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
3,710
5
368
2,728
49
264
7,124
4,363
0
209
1,728
36
357
6,693
4,975
0
44
1,516
11
418
6,964
4,900
0
240
2,250
100
520
8,010
5,500
0
250
2,450
5
500
8,705
Domestic Consumption
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
1,521
7,089
19,547
6,223
34,380
1,886
8,094
23,437
7,197
40,614
1,265
8,318
27,776
7,456
44,815
1,290
8,365
27,435
7,926
45,016
1,590
7,985
30,200
7,733
47,508
Domestic Consumption
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
3,710
2,100
4,363
7,157
329
1,288
18,947
4,363
2,222
4,756
7,203
283
1,702
20,529
4,975
2,256
4,545
7,607
357
1,770
21,510
4,900
2,265
4,730
8,553
439
2,035
22,922
5,500
2,170
4,530
9,225
305
2,025
23,755
Food Use Dom. Cons.
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
2,325
2,100
4,363
7,157
329
1,138
17,412
2,719
2,222
4,756
7,203
283
1,477
18,660
3,075
2,256
4,545
7,607
357
1,523
19,363
2,950
2,265
4,730
8,553
439
1,635
20,572
3,250
2,170
4,530
9,225
305
1,675
21,155
SME
Meal, Fish
Meal, Rapeseed
Meal, Soybean
Other
Total
2,198
5,044
19,547
5,959
32,748
2,725
5,759
23,437
6,776
38,697
1,828
5,918
27,776
7,033
42,555
1,864
5,952
27,435
7,403
42,653
2,298
5,681
30,200
7,206
45,385
Production
Oilseed, Peanut
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Other
Total
Oct
2007/08
none
none
14,000
11,600
14,600
1,800
13,910
55,910
none
none
1,300
350
850
90
2,590
none
none
5,500
0
350
2,450
5
500
8,805
none
none
1,590
7,985
30,000
7,923
47,498
none
none
5,500
2,170
4,630
9,125
305
2,067
23,797
none
none
3,250
2,170
4,630
9,125
305
1,717
21,197
none
none
2,298
5,681
30,000
7,360
45,339
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons
Sep
2007/08
2003/04
2004/05
2005/06
2006/07
5,944
7,700
6,800
6,800
1,700
738
29,682
8,067
7,000
6,500
5,850
1,224
748
29,389
8,088
6,300
7,000
7,000
1,550
663
30,601
9,128
5,385
5,800
7,690
1,280
633
29,916
9,600
5,650
7,050
8,000
1,650
763
32,713
Imports
Oil, Cottonseed
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
0
3,486
0
0
906
79
89
4,560
0
3,725
0
0
2,026
10
119
5,880
0
2,899
0
0
1,684
107
166
4,856
0
3,800
0
0
1,500
200
175
5,675
0
4,000
0
0
1,575
155
170
5,900
Domestic Consumption
Meal, Cottonseed
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Other
Total
2,031
1,964
2,350
1,123
681
290
8,439
2,771
1,961
2,749
1,379
494
349
9,703
2,800
1,686
3,115
1,545
664
285
10,095
3,090
1,605
2,803
1,944
558
275
10,275
3,138
1,620
2,900
2,002
693
317
10,670
Domestic Consumption
Oil, Cottonseed
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
613
3,598
1,769
2,132
1,885
625
547
11,169
775
3,606
1,726
2,067
2,627
407
573
11,781
895
3,125
1,592
2,298
2,966
637
580
12,093
947
3,769
1,457
2,135
2,701
643
576
12,228
943
4,095
1,477
2,305
2,790
704
641
12,955
Food Use Dom. Cons.
Oil, Cottonseed
Oil, Palm
Oil, Peanut
Oil, Rapeseed
Oil, Soybean
Oil, Sunflowerseed
Other
Total
592
3,428
1,744
2,132
1,885
625
260
10,666
750
3,396
1,700
2,067
2,627
407
264
11,211
865
3,015
1,577
2,298
2,966
637
244
11,602
915
3,599
1,445
2,135
2,701
643
241
11,679
910
3,905
1,462
2,305
2,790
704
276
12,352
1,646
2,208
1,672
1,123
643
130
7,421
2,245
2,204
1,956
1,379
466
157
8,408
2,269
1,895
2,216
1,545
627
128
8,680
2,504
1,804
1,994
1,944
527
123
8,897
2,543
1,821
2,063
2,002
654
142
9,226
Production
Oilseed, Cottonseed
Oilseed, Peanut
Oilseed, Rapeseed
Oilseed, Soybean
Oilseed, Sunflowerseed
Other
Total
SME
Meal, Cottonseed
Meal, Peanut
Meal, Rapeseed
Meal, Soybean
Meal, Sunflowerseed
Other
Total
Oct
2007/08
none
none
9,980
5,650
7,050
8,200
1,650
763
33,293
none
none
0
4,000
0
0
1,525
145
170
5,840
none
none
3,208
1,620
2,900
2,002
693
317
10,740
none
none
978
4,095
1,477
2,305
2,800
682
641
12,978
none
none
943
3,905
1,462
2,305
2,800
682
276
12,373
none
none
2,599
1,821
2,063
2,002
654
142
9,282
SME - 44 Percent Protein Soybean Meal Equivalent
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 29: Oilseed Prices
U.S. Dollars per Metric Ton
Year
Beg
Oct 1
Soybean
Brz
Arg
3/
4/
Rott
5/
Peanut
U.S.
Rott
6/
7/
Sunseed Rapesee Copra
U.S.
Rott Hamb Rott
8/
9/
10/
11/
224
257
513
908
243
278
258
376
284
285
240
184
183
180
183
217
277
232
277
288
231
179
180
175
179
221
285
228
304
307
259
225
208
200
203
267
323
277
635
603
578
563
544
582
389
415
425
402
986
926
1,055
847
820
888
700
963
976
915
254
258
256
223
168
167
238
265
282
316
312
266
309
257
214
219
287
286
321
313
298
284
296
227
190
202
220
285
317
262
487
452
398
468
357
208
245
287
424
431
200
204
211
206
206
203
201
207
206
205
191
189
202
234
234
233
224
231
226
217
228
224
231
227
225
228
231
227
238
234
235
216
212
226
227
231
226
222
227
257
256
264
257
257
257
258
266
267
272
262
258
261
386
388
390
381
410
373
384
381
375
375
375
381
383
850
850
850
850
850
835
820
820
824
860
920
955
857
282
271
256
247
251
251
262
260
258
262
276
258
261
284
276
274
269
266
284
299
314
306
312
312
301
291
272
266
260
263
267
277
286
315
314
322
330
331
292
384
384
372
373
393
385
372
390
387
384
404
413
387
208
234
235
245
266
263
257
269
287
291
287
327
264
238
252
256
263
283
276
267
255
290
299
319
355
279
242
266
268
275
297
276
262
246
281
286
304
349
279
273
300
297
306
325
322
320
334
361
376
385
426
335
379
379
388
392
392
392
403
395
399
403
397
425
395
980
1,092
1,085
1,069
1,044
1,041
1,045
1,096
1,123
1,203
1,322
1,438
1,128
267
276
300
304
328
344
351
366
375
406
403
399
343
295
325
340
338
339
347
369
395
417
462
542
645
401
337
351
366
356
349
341
344
358
371
405
439
485
375
411
434
486
484
503
509
553
592
653
613
595
614
537
U.S.
1/
U.S.
2/
Oct - Sep Average
95/96-04/05
217
222
226
1995/96
1996/97
1997/98
1998/99
1999/00
2000/01
2001/02
2002/03
2003/04
2004/05
263
274
230
176
173
167
170
209
291
217
273
278
233
177
175
169
174
232
294
214
2005/06
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Average
208
206
212
216
208
205
203
209
206
206
192
193
205
2006/07
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
*Sep
Average
203
223
227
234
252
255
253
262
276
278
284
306
254
1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; Wall Street Journal.
3/ Rio Grande, Brazil FOB; Safras & Mercado or FOB Paranagua Reuters 4/ Argentina FOB B.Aires;
Safras & Mercado. or FOB Up River; Reuters 5/ Rotterdam CIF; Various Sources; Oil World.
6/ U.S. Farm Price Inshell USDA. 7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oil World.
8/ U.S. Farm Price; USDA. 9/ Rotterdam CIF; EC Lower Rhine (Beginning Sep 93) U.S./Canada Prior;
Oil World. 10/Hamburg CIF; Europe "00" Oil; Oil World.
11/ Rotterdam CIF; Phillipines/Indonesia; Oil World
* Preliminary
10/12/2007 9:51:21 AM
Foreign Agricultural Service/USDA
Office of Global Analysis
October 2007
Table 30: Protein Meal Prices
U.S. Dollars per Metric Ton
Year
Soybean
ottonsee
Beg
U.S.
Brz
Arg
Hamb
Oct 1
1/
2/
3/
Sunseed
Rott
Peanut Fish Rapesee Corn
U.S.
U.S.
4/
5/
6/
7/
U.S. Hamb Hamb Gluten
8/
9/
10/
11/
Oct - Sep Average
95/96-04/05
215
199
177
212
165
102
117
166
566
144
113
1995/96
260
256
233
256
210
136
151
223
587
180
159
1996/97
289
289
257
278
212
122
138
256
579
175
127
1997/98
204
201
174
197
159
93
103
231
686
139
99
1998/99
153
150
130
150
121
72
76
110
442
105
96
1999/00
185
182
159
180
141
83
102
122
407
124
91
2000/01
191
187
168
188
158
100
118
134
459
141
95
2001/02
180
174
157
174
146
95
110
122
592
129
92
2002/03
200
163
152
197
161
101
106
140
598
139
108
2003/04
282
211
188
273
202
122
149
197
649
178
142
2004/05
202
172
157
231
137
94
120
127
665
131
122
Oct
183
177
161
217
147
81
133
116
793
128
118
Nov
188
177
159
215
146
71
124
113
841
124
113
Dec
213
192
171
228
193
77
119
111
852
137
123
Jan
202
185
166
219
190
NA
120
NA
883
136
127
2005/06
Feb
195
181
166
217
168
NA
115
126
878
134
129
Mar
193
174
151
212
164
108
112
125
938
132
129
Apr
193
172
147
210
159
100
114
125
988
128
127
May
194
175
153
210
145
80
113
125
1,207
121
129
Jun
195
175
153
209
149
73
114
118
1,340
114
130
Jul
186
167
150
207
146
84
117
118
1,379
123
128
Aug
176
167
153
216
148
87
129
110
1,357
133
139
Sep
186
173
160
222
153
92
155
109
1,267
143
146
192
176
158
215
159
85
122
118
1,060
129
128
Oct
196
185
176
230
146
96
153
109
1,229
147
154
Nov
210
194
174
246
145
109
150
109
1,247
152
166
Dec
199
180
175
245
168
120
145
108
1,256
161
174
Jan
210
187
176
257
177
126
145
109
1,234
172
189
Feb
230
213
178
272
193
168
161
109
1,252
198
195
Mar
226
198
179
278
204
146
163
NA
1,268
195
205
Apr
209
187
171
263
163
131
169
NA
1,289
178
201
May
219
173
153
268
151
110
179
NA
1,264
164
207
Jun
253
200
182
281
145
94
181
NA
1,227
162
201
Jul
245
207
184
294
152
92
189
NA
1,202
191
206
Aug
240
216
193
310
160
82
236
NA
1,087
223
NA
Average
2006/07
*Sep
Average
280
246
226
366
185
1174
262
NA
1,079
269
NA
226
199
181
276
166
204
178
109
1,220
184
190
1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Rio Grande, Brazil FOB; Bulk Rate 45-46% Protei
Safras & Mercado or Reuters. 3/ Argentina Pellets, FOB B.Aires; Safras & Mercado or FOB Argentina Reu
4/ Hanburg FOB Ex-Mill; Oil World. 5/ Memphis FOB; 41% Protein Solvent Extraction; USDA
6/ Minneapolis FOB; 32% Protein; USDA. 7/ Rotterdam CIF; Argentina-Uruguay Pellet 37-38%; Oil Wor
8/ Southeast Mills FOB. 9/ Bremen (Hamburg prior to Mar 2006) 64-65% Protein; Oil World.
10/ Hamburg FOB; Ex-Mill 34% Protein; Oil World. 11/ Rotterdam CIF; Pellets 23-24% Protein; Oil Wor
* Preliminary
Foreign Agricultural Service/USDA
Office of Global Analysis
10/12/2007 9:51:21 AM
October 2007
Table 31: Vegetable Oil Prices
U.S. Dollars per Metric Ton
Year
Palm Canola Coconut
Corn
Begin
U.S.
Brz
Soybean
Arg
Rott
Cottonseed
U.S.
Rott
U.S.
Sunseed
Rott
U.S.
Peanut
Rott
Malay
Rott
Rott
U.S.
Oct 1
1/
2/
3/
4/
5/
6/
7/
8/
9/
10/
11/
12/
13/
14/
Oct - Sep Average
95/96-04/05
472
463
462
504
574
618
576
584
959
916
430
532
578
526
1995/96
545
537
533
575
585
613
560
617
888
928
523
566
746
556
1996/97
496
514
515
536
564
588
499
545
963
959
526
539
693
530
1997/98
569
608
614
633
636
693
595
730
1,080
964
601
637
625
638
1998/99
438
452
453
483
602
632
444
560
876
801
486
482
748
558
1999/00
344
328
332
356
474
496
365
413
780
744
309
359
539
393
2000/01
311
295
295
336
352
428
350
428
768
685
235
372
323
299
2001/02
363
376
376
412
396
445
513
587
716
659
329
451
388
422
2002/03
486
489
491
534
832
883
731
592
1,034
1,139
421
588
449
621
2003/04
661
567
542
633
688
752
738
663
1,317
1,178
481
670
630
625
2004/05
507
466
471
545
609
649
962
703
1,171
1,102
392
660
636
614
Oct
535
458
462
579
759
827
832
646
1,003
982
407
736
587
606
Nov
496
439
439
560
752
824
861
598
1,003
960
396
723
582
597
Dec
463
436
431
537
672
700
829
602
992
947
379
711
553
575
Jan
477
428
424
532
653
699
799
591
937
930
388
733
569
556
Feb
490
456
443
535
650
647
816
595
937
921
407
723
591
521
Mar
512
474
480
539
656
649
799
606
937
902
408
742
575
498
Apr
507
489
472
540
596
601
827
659
937
899
413
796
578
511
May
546
497
476
588
619
629
889
679
937
892
420
838
583
557
Jun
534
478
465
601
601
610
1,024
666
965
898
415
822
575
567
Jul
570
500
491
630
644
637
883
647
992
928
435
822
583
568
Aug
547
509
505
629
588
607
1,091
666
1,043
944
470
812
606
560
Sep
519
518
518
602
598
592
1,102
669
1,086
965
449
784
609
545
516
474
467
573
649
669
896
635
981
931
416
770
583
555
2005/06
Average
2006/07
Oct
547
544
517
615
605
628
1,167
666
1,161
1,068
450
781
626
545
Nov
609
629
609
675
666
690
1,235
722
1,157
1,120
511
814
656
584
Dec
610
629
645
699
677
697
1,242
730
1,102
1,174
559
856
732
618
Jan
617
620
655
697
683
708
1,225
719
1,086
1,180
569
818
731
618
Feb
638
605
607
714
721
738
1,202
709
1,020
1,173
573
781
763
632
Mar
656
605
606
718
728
748
1,174
713
1,063
1,157
593
765
769
641
Apr
685
645
623
761
758
NA
1,162
755
1,160
1,202
684
799
828
660
May
725
637
611
788
832
NA
1,178
831
1,226
1,159
770
825
894
696
Jun
750
745
743
833
882
NA
1,263
916
1,379
1,209
781
860
979
765
Jul
788
780
768
885
936
NA
1,433
999
1,535
1,342
789
921
929
821
Aug
769
810
881
908
929
NA
1,517
1,114
1,543
1,404
782
955
910
873
*Sep
Average
813
829
738
959
1,026
NA
1,554
1,279
1,609
1,445
798
1,051
930
961
684
673
667
771
787
702
1,279
846
1,253
1,219
655
852
812
701
1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil FOB; Bulk Rate; Safras & Mercado and Reuters
3/ Argentina FOB; Safras & Mercado and Reuters 4/ Dutch FOB; Ex-Mill; Oil World.
5/ Valley Points FOB. Tank Cars Crude; USDA. 6/ Rotterdam CIF/FOB Gulf since 1994; US PBSY; Oil World
7/ Minneapolis FOB; USDA. 8/ EU FOB NW Euro Ports; Oil World. 9/ South East Mills FOB; Tank Cars Crude; USDA.
10/ Rotterdam CIF; Any Origin; Oil World. 11/ Malaysia FOB;RBD; Porla & Oil World
12/ Rotterdam, Dutch, FOB Ex-Mill; Oilworld. 13/ Rotterdam CIF; Philippines/Indonesia; Oil World
14/ Decatur; Crude; AMS and Wall Street Journal.
* Preliminary
Foreign Agricultural Service/USDA
Office of Global Analysis
10/12/2007 9:51:21 AM
October 2007