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Soybeans and Products Tables
Soybean Trade Soybean Trade
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
(Thousand metric tons) (Thousand metric tons)
Net exporters
Argentina 8,876 6,665 7,574 10,885 4,349 13,087 9,192 7,368 7,736 7,841 10,571
Brazil 19,662 25,848 23,432 25,214 29,943 28,404 29,914 36,129 41,509 46,224 50,807
Canada 738 977 1,449 1,444 1,630 1,872 2,693 2,702 3,200 3,130 3,510
India 6 6 1 12 55 15 18 38 115 179 248
Paraguay 2,850 2,370 4,121 4,085 2,599 4,058 5,206 3,555 5,491 4,793 4,368
United States 29,708 25,487 30,140 31,269 34,456 40,401 40,566 36,747 35,026 42,622 49,265
Total net exports 61,840 61,353 66,717 72,909 73,032 87,837 87,589 86,539 93,077 104,789 118,769
Net importers
China 25,412 27,963 28,280 37,363 40,698 50,154 52,149 58,956 59,599 70,149 78,207
EU-28 14,547 13,936 15,121 15,095 13,177 12,623 12,377 12,015 12,446 13,236 13,430
Japan 4,295 3,962 4,087 4,009 3,396 3,401 2,917 2,759 2,830 2,894 2,950
South Korea 1,240 1,190 1,231 1,232 1,167 1,197 1,239 1,139 1,113 1,271 1,200
Mexico 3,639 3,667 3,844 3,614 3,327 3,523 3,498 3,606 3,409 3,842 4,025
Rest of world 11,514 10,882 11,923 11,670 11,505 12,362 12,488 9,346 8,815 12,467 14,422
Total net imports 60,647 61,600 64,486 72,983 73,270 83,260 84,668 87,821 88,212 103,859 114,234
Residual 1,193 -247 2,231 -74 -238 4,577 2,921 -1,282 4,651 930 4,535
(Dollars per metric ton) (Dollars per metric ton)
Soybean price, Central IL 214 202 264 452 365 357 482 505 537 487 356
Soybean Trade
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
(Thousand metric tons)
Net exporters
Argentina 10,720 10,267 10,031 9,986 10,162 10,534 11,059 11,656 12,329 12,970 13,634
Brazil 56,817 56,532 57,948 60,601 62,702 64,392 66,142 67,817 69,366 70,621 72,118
Canada 3,504 3,577 3,712 3,787 3,845 3,882 3,903 3,912 3,917 3,901 3,879
India 293 494 337 284 243 198 163 140 66 84 85
Paraguay 4,581 4,344 4,184 4,245 4,311 4,505 4,791 5,121 5,479 5,726 5,887
United States 46,167 46,351 47,315 47,933 48,156 48,965 49,533 50,063 51,148 51,174 51,462
Total net exports 122,083 121,565 123,526 126,837 129,419 132,476 135,591 138,709 142,305 144,475 147,065
Net importers
China 80,397 81,688 82,951 85,058 87,830 90,930 94,055 96,946 99,740 101,891 103,838
EU-28 13,766 13,405 13,973 14,001 13,934 13,834 13,737 13,583 13,923 13,727 13,801
Japan 2,918 2,643 2,760 2,744 2,658 2,628 2,612 2,588 2,683 2,676 2,676
South Korea 1,300 1,297 1,292 1,291 1,290 1,289 1,286 1,284 1,283 1,280 1,278
Mexico 4,063 4,142 4,254 4,290 4,295 4,308 4,288 4,265 4,265 4,245 4,196
Rest of world 16,227 14,979 14,884 16,041 16,000 16,075 16,201 16,632 17,000 17,243 17,864
Total net imports 118,671 118,153 120,114 123,425 126,007 129,064 132,179 135,297 138,893 141,063 143,653
Residual 3,412 3,412 3,412 3,412 3,412 3,412 3,412 3,412 3,412 3,412 3,412
(Dollars per metric ton)
Soybean price, Central IL 337 369 376 382 389 392 396 399 390 387 383
Soybean Meal Trade Soybean Meal Trade
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
(Thousand metric tons) (Thousand metric tons)
Net exporters
Argentina 20,650 24,221 25,624 26,813 24,021 24,912 27,615 26,043 23,667 24,972 28,545
Brazil 14,004 12,700 12,548 11,958 13,026 12,899 13,929 14,648 13,210 13,923 14,370
China 589 -480 835 431 802 1,098 178 853 1,349 1,997 1,537
India 2,230 4,265 4,140 5,280 3,800 3,110 4,792 4,384 4,347 2,735 1,068
Paraguay 648 784 1,095 1,072 1,076 1,124 1,043 523 2,147 2,499 2,548
United States 6,525 7,173 7,845 8,256 7,628 9,980 8,075 8,649 9,889 10,127 11,627
Total net exports 44,646 48,663 52,087 53,810 50,353 53,123 55,632 55,100 54,609 56,253 59,695
Net importers
Canada 1,052 1,213 1,278 1,390 1,170 980 866 965 737 741 725
EU-28 21,486 22,233 21,818 24,197 20,689 20,408 21,268 19,988 16,405 17,854 19,290
Japan 1,503 1,601 1,737 1,747 1,812 2,106 2,208 2,282 1,765 1,976 1,700
South Korea 1,462 1,773 1,870 1,752 1,697 1,662 1,586 1,533 1,539 1,646 1,620
Mexico 1,249 1,724 1,775 1,393 1,512 1,203 1,493 1,537 1,282 1,491 1,670
Rest of world 16,218 19,300 21,722 22,128 22,315 24,638 26,574 27,499 28,823 30,355 32,336
Total net imports 42,970 47,844 50,200 52,607 49,195 50,997 53,995 53,804 50,551 54,063 57,341
Residual 1,676 819 1,887 1,203 1,158 2,126 1,637 1,296 3,927 2,190 2,354
(Dollars per metric ton) (Dollars per metric ton)
Soymeal price 48%, Decatur 202 192 226 370 365 343 381 434 516 540 406
Soybean Oil Trade Soybean Oil Trade
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
(Thousand metric tons) (Thousand metric tons)
Net exporters
Argentina 4,757 5,597 5,970 5,789 4,704 4,453 4,561 3,794 4,151 4,078 5,071
Brazil 2,411 2,438 2,458 2,321 1,903 1,412 1,668 1,885 1,245 1,378 1,499
Canada -67 -55 -55 -30 -7 4 34 47 74 61 77
Paraguay 108 182 258 257 226 240 252 123 554 645 655
United States 588 507 834 1,290 954 1,477 1,394 596 893 776 794
Total net exports 7,797 8,669 9,465 9,627 7,780 7,586 7,909 6,445 6,917 6,938 8,096
Net importers
China 1,688 1,411 2,310 2,625 2,411 1,437 1,267 1,442 1,325 1,259 666
EU-28 -344 446 734 703 397 161 443 -356 -689 -447 -740
India 2,015 1,714 1,439 717 1,058 1,597 945 1,164 1,086 1,829 2,799
Japan 45 61 50 42 39 26 19 20 38 16 7
South Korea 240 261 298 284 260 305 271 318 284 272 265
Mexico 146 121 137 234 158 190 353 141 190 197 246
Rest of world 3,799 3,944 3,939 4,578 3,440 3,427 4,475 3,209 3,816 3,774 4,064
Total net imports 7,589 7,958 8,907 9,183 7,763 7,143 7,773 5,938 6,050 6,900 7,307
Residual 208 711 558 444 17 443 136 507 867 38 789
(Dollars per metric ton) (Dollars per metric ton)
Soyoil price, Decatur 507 516 684 1,147 709 793 1,173 1,144 1,039 843 697
Soybean Meal Trade
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
(Thousand metric tons)
Net exporters
Argentina 30,588 30,482 31,931 33,200 34,194 35,010 35,741 36,472 37,227 38,007 38,823
Brazil 15,584 16,481 18,078 18,446 18,657 18,881 19,215 19,432 19,528 19,539 19,482
China 2,078 1,346 1,363 1,346 1,400 1,425 1,407 1,377 1,374 1,392 1,414
India 616 2,430 2,385 2,382 2,414 2,465 2,526 2,644 2,897 3,150 3,408
Paraguay 3,010 3,306 3,538 3,729 3,887 4,021 4,139 4,245 4,342 4,427 4,499
United States 10,695 9,872 10,031 9,810 9,849 9,902 9,805 9,790 9,488 9,426 9,249
Total net exports 62,571 63,917 67,327 68,914 70,402 71,704 72,832 73,960 74,855 75,941 76,875
Net importers
Canada 781 735 734 708 677 640 609 581 562 534 523
EU-28 19,809 20,826 21,007 21,626 22,022 22,382 22,887 23,416 23,686 24,367 24,942
Japan 1,848 2,091 1,964 1,992 2,059 2,061 2,088 2,128 2,096 2,129 2,183
South Korea 1,735 1,794 1,745 1,733 1,714 1,690 1,691 1,697 1,720 1,761 1,827
Mexico 1,803 1,809 1,949 2,130 2,288 2,408 2,548 2,667 2,763 2,866 2,995
Rest of world 34,448 34,513 37,780 38,577 39,492 40,376 40,862 41,323 41,881 42,136 42,256
Total net imports 60,423 61,769 65,179 66,766 68,254 69,556 70,684 71,812 72,707 73,793 74,727
Residual 2,148 2,148 2,148 2,148 2,148 2,148 2,148 2,148 2,148 2,148 2,148
(Dollars per metric ton)
Soymeal price 48%, Decatur 364 360 390 393 396 402 398 396 389 379 364
Soybean Oil Trade
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
(Thousand metric tons)
Net exporters
Argentina 5,687 5,869 6,083 6,217 6,278 6,292 6,290 6,277 6,267 6,244 6,302
Brazil 1,590 1,646 1,941 1,942 1,970 1,991 2,040 2,040 2,028 1,967 2,036
Canada 102 115 114 122 132 140 150 158 167 178 188
Paraguay 743 814 872 919 957 987 1,016 1,040 1,064 1,083 1,101
United States 970 1,009 979 1,151 1,327 1,220 1,299 1,444 1,614 1,756 2,089
Total net exports 9,092 9,453 9,988 10,351 10,664 10,631 10,795 10,960 11,140 11,228 11,716
Net importers
China 820 1,218 1,354 1,506 1,547 1,620 1,582 1,733 1,828 2,155 2,409
EU-28 -837 -693 -782 -810 -809 -795 -795 -770 -836 -783 -811
India 3,178 2,820 2,952 3,108 3,227 3,356 3,440 3,558 3,613 3,717 3,778
Japan 15 12 16 15 12 13 12 12 13 13 11
South Korea 299 297 299 304 308 316 319 324 327 334 336
Mexico 243 249 233 231 232 238 241 250 251 264 271
Rest of world 4,654 4,831 5,197 5,278 5,426 5,162 5,276 5,132 5,223 4,809 5,001
Total net imports 8,372 8,733 9,268 9,631 9,944 9,911 10,075 10,240 10,420 10,508 10,996
Residual 720 720 720 720 720 720 720 720 720 720 720
(Dollars per metric ton)
Soyoil price, Decatur 628 602 634 658 689 693 735 762 805 814 866
World Soybean Complex Supply & Utilization World Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Million hectares) (Million hectares)
Area Harvested 93.4 93.1 94.6 90.8 96.4 102.6 103.4 103.1 109.8 113.1 118.1
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.31 2.37 2.50 2.41 2.20 2.54 2.56 2.33 2.45 2.50 2.70
(Million metric tons) (Million metric tons)
Supply 315.0 331.1 354.8 355.0 338.0 387.0 409.7 399.1 410.9 443.2 495.6
Production 215.9 220.9 236.3 219.0 212.1 260.6 264.3 240.4 268.8 283.1 318.7
Beginning stocks 38.4 48.7 54.0 63.0 52.6 43.2 60.7 70.8 53.9 56.2 62.7
Net imports 60.6 61.6 64.5 73.0 73.3 83.3 84.7 87.8 88.2 103.9 114.2
Utilization 253.1 269.8 288.0 282.1 264.9 299.1 322.1 312.5 317.9 338.4 376.8
Crush 175.3 186.0 195.6 202.2 193.6 209.6 221.2 228.4 230.2 241.3 261.5
Other utilization 29.2 29.9 29.4 27.2 28.2 28.9 30.0 30.3 31.5 34.4 37.7
Ending Stocks 48.7 54.0 63.0 52.6 43.2 60.7 70.8 53.9 56.2 62.7 77.6
Net Exports 61.8 61.4 66.7 72.9 73.0 87.8 87.6 86.5 93.1 104.8 118.8
Total Demand 315.0 331.1 354.8 355.0 338.0 387.0 409.7 399.1 410.9 443.2 495.6
Soybean Meal
Supply 187.2 200.1 210.2 218.4 208.6 221.2 235.0 242.7 241.5 253.0 274.1
Production 138.6 146.4 153.8 158.7 152.2 165.3 174.4 180.5 181.3 189.5 206.5
Beginning stocks 5.6 5.8 6.1 7.1 7.2 4.9 6.6 8.4 9.7 9.4 10.3
Net imports 43.0 47.8 50.2 52.6 49.2 51.0 54.0 53.8 50.6 54.1 57.3
Utilization 142.6 151.4 158.1 164.6 158.2 168.1 179.3 187.6 186.9 196.7 214.4
Consumption 136.7 145.3 151.0 157.4 153.3 161.5 170.9 177.9 177.5 186.5 202.6
Ending Stocks 5.8 6.1 7.1 7.2 4.9 6.6 8.4 9.7 9.4 10.3 11.9
Net Exports 44.6 48.7 52.1 53.8 50.4 53.1 55.6 55.1 54.6 56.3 59.7
Total Demand 187.2 200.1 210.2 218.4 208.6 221.2 235.0 242.7 241.5 253.0 274.1
Soybean Oil
Supply 42.9 46.1 49.2 51.0 47.5 49.4 52.7 52.9 53.3 55.6 59.6
Production 32.6 34.9 36.4 37.7 35.9 38.9 41.4 42.7 43.1 45.0 48.8
Beginning stocks 2.8 3.3 3.9 4.1 3.8 3.4 3.6 4.2 4.1 3.7 3.4
Net imports 7.6 8.0 8.9 9.2 7.8 7.1 7.8 5.9 6.1 6.9 7.3
Utilization 35.1 37.4 39.8 41.4 39.8 41.8 44.8 46.4 46.4 48.7 51.5
Consumption 31.8 33.5 35.7 37.5 36.4 38.2 40.6 42.3 42.6 45.3 47.9
Ending Stocks 3.3 3.9 4.1 3.8 3.4 3.6 4.2 4.1 3.7 3.4 3.5
Net Exports 7.8 8.7 9.5 9.6 7.8 7.6 7.9 6.4 6.9 6.9 8.1
Total Demand 42.9 46.1 49.2 51.0 47.5 49.4 52.7 52.9 53.3 55.6 59.6
World Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Million hectares)
Area Harvested 121.0 121.8 123.7 125.5 126.7 127.9 129.1 130.4 131.8 133.1 134.1
(Metric tons per hectare)
Yield 2.65 2.63 2.67 2.70 2.72 2.75 2.78 2.81 2.83 2.86 2.88
(Million metric tons)
Supply 517.3 521.5 532.4 545.7 557.1 569.4 581.9 594.6 608.3 620.0 631.9
Production 321.0 320.8 330.0 338.3 345.0 352.0 359.0 365.9 373.4 380.2 386.6
Beginning stocks 77.6 82.6 82.3 83.9 86.1 88.3 90.7 93.4 96.0 98.7 101.7
Net imports 118.7 118.2 120.1 123.4 126.0 129.1 132.2 135.3 138.9 141.1 143.7
Utilization 395.2 399.9 408.9 418.8 427.7 436.9 446.3 455.9 466.0 475.5 484.9
Crush 273.3 278.0 284.9 292.1 298.2 304.4 310.5 316.9 323.6 329.5 335.6
Other utilization 39.4 39.6 40.1 40.7 41.2 41.8 42.4 43.0 43.7 44.3 45.0
Ending Stocks 82.6 82.3 83.9 86.1 88.3 90.7 93.4 96.0 98.7 101.7 104.3
Net Exports 122.1 121.6 123.5 126.8 129.4 132.5 135.6 138.7 142.3 144.5 147.1
Total Demand 517.3 521.5 532.4 545.7 557.1 569.4 581.9 594.6 608.3 620.0 631.9
Soybean Meal
Supply 288.0 293.1 302.3 309.7 316.3 322.6 328.8 335.2 341.6 347.3 353.4
Production 215.7 219.4 224.8 230.5 235.3 240.2 245.1 250.1 255.4 259.8 264.6
Beginning stocks 11.9 11.9 12.3 12.5 12.7 12.9 13.1 13.3 13.5 13.7 14.0
Net imports 60.4 61.8 65.2 66.8 68.3 69.6 70.7 71.8 72.7 73.8 74.7
Utilization 225.4 229.1 234.9 240.8 245.9 250.9 256.0 261.3 266.7 271.4 276.5
Consumption 213.6 216.9 222.5 228.1 233.0 237.9 242.7 247.8 253.0 257.4 262.1
Ending Stocks 11.9 12.3 12.5 12.7 12.9 13.1 13.3 13.5 13.7 14.0 14.4
Net Exports 62.6 63.9 67.3 68.9 70.4 71.7 72.8 74.0 74.9 75.9 76.9
Total Demand 288.0 293.1 302.3 309.7 316.3 322.6 328.8 335.2 341.6 347.3 353.4
Soybean Oil
Supply 62.9 64.2 66.1 67.9 69.4 70.5 71.9 73.2 74.7 76.0 77.7
Production 51.0 51.9 53.2 54.5 55.6 56.8 57.9 59.1 60.3 61.5 62.7
Beginning stocks 3.5 3.6 3.7 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.1
Net imports 8.4 8.7 9.3 9.6 9.9 9.9 10.1 10.2 10.4 10.5 11.0
Utilization 53.8 54.8 56.2 57.5 58.7 59.9 61.1 62.3 63.5 64.8 66.0
Consumption 50.2 51.1 52.4 53.7 54.9 56.0 57.2 58.3 59.6 60.7 61.9
Ending Stocks 3.6 3.7 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.1 4.0
Net Exports 9.1 9.5 10.0 10.4 10.7 10.6 10.8 11.0 11.1 11.2 11.7
Total Demand 62.9 64.2 66.1 67.9 69.4 70.5 71.9 73.2 74.7 76.0 77.7
Argentina Soybean Complex Supply & Utilization Argentina Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 14,400 15,200 16,300 16,371 16,000 18,600 18,300 17,577 19,750 19,400 19,300
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.71 2.66 2.99 2.82 2.00 2.93 2.68 2.28 2.50 2.76 3.15
(Thousand metric tons) (Thousand metric tons)
Supply 53,094 55,965 64,692 68,097 52,945 70,133 70,039 61,503 65,249 74,462 86,850
Production 39,000 40,500 48,800 46,200 32,000 54,500 49,000 40,100 49,300 53,500 60,800
Beginning stocks 14,094 15,465 15,892 21,897 20,945 15,633 21,039 21,403 15,949 20,962 26,050
Utilization 44,218 49,300 57,118 57,212 48,596 57,046 60,847 54,135 57,513 66,621 76,279
Crush 27,313 31,888 33,586 34,607 31,243 34,127 37,614 35,886 33,611 36,173 40,188
Other utilization 1,440 1,520 1,635 1,660 1,720 1,880 1,830 2,300 2,940 4,398 4,991
Ending Stocks 15,465 15,892 21,897 20,945 15,633 21,039 21,403 15,949 20,962 26,050 31,100
Net Exports 8,876 6,665 7,574 10,885 4,349 13,087 9,192 7,368 7,736 7,841 10,571
Total Demand 53,094 55,965 64,692 68,097 52,945 70,133 70,039 61,503 65,249 74,462 86,850
Soybean Meal
Supply 22,471 26,333 27,638 28,491 25,401 27,274 30,844 30,174 28,770 31,145 34,965
Production 21,601 25,012 26,061 27,071 24,363 26,624 29,312 27,945 26,089 27,892 30,892
Beginning stocks 870 1,321 1,577 1,420 1,038 650 1,532 2,229 2,681 3,253 4,073
Utilization 1,821 2,112 2,014 1,678 1,380 2,362 3,229 4,131 5,103 6,173 6,420
Consumption 500 535 594 640 730 830 1,000 1,450 1,850 2,100 2,300
Ending Stocks 1,321 1,577 1,420 1,038 650 1,532 2,229 2,681 3,253 4,073 4,120
Net Exports 20,650 24,221 25,624 26,813 24,021 24,912 27,615 26,043 23,667 24,972 28,545
Total Demand 22,471 26,333 27,638 28,491 25,401 27,274 30,844 30,174 28,770 31,145 34,965
Soybean Oil
Supply 5,639 6,484 6,914 7,112 6,211 6,563 7,376 7,134 6,684 7,043 7,917
Production 5,128 5,998 6,424 6,627 5,914 6,476 7,181 6,839 6,364 6,785 7,681
Beginning stocks 511 486 490 485 297 87 195 295 320 258 236
Utilization 882 887 944 1,323 1,507 2,110 2,815 3,340 2,533 2,965 2,846
Consumption 396 397 459 1,026 1,420 1,915 2,520 3,020 2,275 2,729 2,601
of which, biodiesel feedstock 0 0 14 147 595 1,083 1,665 2,278 2,453 2,115 2,435
Ending Stocks 486 490 485 297 87 195 295 320 258 236 245
Net Exports 4,757 5,597 5,970 5,789 4,704 4,453 4,561 3,794 4,151 4,078 5,071
Total Demand 5,639 6,484 6,914 7,112 6,211 6,563 7,376 7,134 6,684 7,043 7,917
Argentina Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 20,000 20,435 21,041 21,443 21,756 22,067 22,406 22,772 23,171 23,550 23,953
(Metric tons per hectare)
Yield 2.85 2.85 2.87 2.90 2.92 2.94 2.97 2.99 3.01 3.04 3.06
(Thousand metric tons)
Supply 88,100 88,530 90,937 93,338 95,539 97,691 99,921 102,271 104,769 107,269 109,863
Production 57,000 58,210 60,436 62,096 63,519 64,947 66,477 68,103 69,843 71,542 73,333
Beginning stocks 31,100 30,320 30,501 31,241 32,020 32,743 33,444 34,168 34,926 35,726 36,530
Utilization 77,380 78,262 80,907 83,352 85,377 87,156 88,862 90,614 92,440 94,298 96,229
Crush 42,028 42,724 44,624 46,288 47,587 48,663 49,641 50,632 51,654 52,705 53,803
Other utilization 5,032 5,037 5,041 5,044 5,047 5,050 5,053 5,057 5,060 5,064 5,067
Ending Stocks 30,320 30,501 31,241 32,020 32,743 33,444 34,168 34,926 35,726 36,530 37,359
Net Exports 10,720 10,267 10,031 9,986 10,162 10,534 11,059 11,656 12,329 12,970 13,634
Total Demand 88,100 88,530 90,937 93,338 95,539 97,691 99,921 102,271 104,769 107,269 109,863
Soybean Meal
Supply 36,710 36,767 38,395 39,853 41,010 41,964 42,821 43,677 44,558 45,464 46,409
Production 32,590 33,129 34,603 35,893 36,900 37,734 38,493 39,261 40,054 40,869 41,720
Beginning stocks 4,120 3,638 3,792 3,960 4,110 4,230 4,328 4,417 4,505 4,596 4,689
Utilization 6,122 6,285 6,464 6,653 6,817 6,953 7,080 7,205 7,331 7,457 7,586
Consumption 2,484 2,493 2,504 2,543 2,587 2,625 2,664 2,700 2,735 2,768 2,800
Ending Stocks 3,638 3,792 3,960 4,110 4,230 4,328 4,417 4,505 4,596 4,689 4,787
Net Exports 30,588 30,482 31,931 33,200 34,194 35,010 35,741 36,472 37,227 38,007 38,823
Total Demand 36,710 36,767 38,395 39,853 41,010 41,964 42,821 43,677 44,558 45,464 46,409
Soybean Oil
Supply 8,205 8,369 8,737 9,057 9,309 9,520 9,715 9,908 10,107 10,308 10,519
Production 7,960 8,092 8,452 8,767 9,013 9,217 9,402 9,590 9,783 9,982 10,190
Beginning stocks 245 277 285 290 296 304 313 318 324 325 329
Utilization 2,518 2,500 2,654 2,840 3,031 3,228 3,425 3,631 3,839 4,063 4,217
Consumption 2,241 2,215 2,364 2,543 2,728 2,915 3,107 3,307 3,514 3,734 3,890
of which, biodiesel feedstock 1,958 1,788 1,841 1,948 2,074 2,206 2,349 2,502 2,666 2,820 2,942
Ending Stocks 277 285 290 296 304 313 318 324 325 329 328
Net Exports 5,687 5,869 6,083 6,217 6,278 6,292 6,290 6,277 6,267 6,244 6,302
Total Demand 8,205 8,369 8,737 9,057 9,309 9,520 9,715 9,908 10,107 10,308 10,519
Brazil Soybean Complex Supply & Utilization Brazil Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 22,917 22,229 20,700 21,300 21,700 23,500 24,200 25,000 27,700 30,100 32,100
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.31 2.56 2.85 2.86 2.66 2.94 3.11 2.66 2.96 2.88 3.00
(Thousand metric tons) (Thousand metric tons)
Supply 69,156 74,502 76,668 80,377 78,046 82,434 92,780 90,136 95,024 102,030 112,145
Production 53,000 57,000 59,000 61,000 57,800 69,000 75,300 66,500 82,000 86,700 96,200
Beginning stocks 16,156 17,502 17,668 19,377 20,246 13,434 17,480 23,636 13,024 15,330 15,945
Utilization 49,494 48,654 53,236 55,163 48,103 54,030 62,866 54,007 53,515 55,806 61,338
Crush 29,342 28,286 31,109 32,117 31,869 33,700 36,330 38,083 35,235 36,861 39,900
Other utilization 2,650 2,700 2,750 2,800 2,800 2,850 2,900 2,900 2,950 3,000 3,050
Ending Stocks 17,502 17,668 19,377 20,246 13,434 17,480 23,636 13,024 15,330 15,945 18,388
Net Exports 19,662 25,848 23,432 25,214 29,943 28,404 29,914 36,129 41,509 46,224 50,807
Total Demand 69,156 74,502 76,668 80,377 78,046 82,434 92,780 90,136 95,024 102,030 112,145
Soybean Meal
Supply 24,631 23,587 25,669 26,893 27,378 28,054 30,315 31,946 30,508 31,638 33,935
Production 22,740 21,920 24,110 24,890 24,700 26,120 28,160 29,510 27,310 28,540 30,870
Beginning stocks 1,891 1,667 1,559 2,003 2,678 1,934 2,155 2,436 3,198 3,098 3,065
Utilization 10,627 10,887 13,121 14,935 14,352 15,155 16,386 17,298 17,298 17,715 19,565
Consumption 8,960 9,328 11,118 12,257 12,418 13,000 13,950 14,100 14,200 14,650 15,250
Ending Stocks 1,667 1,559 2,003 2,678 1,934 2,155 2,436 3,198 3,098 3,065 4,315
Net Exports 14,004 12,700 12,548 11,958 13,026 12,899 13,929 14,648 13,210 13,923 14,370
Total Demand 24,631 23,587 25,669 26,893 27,378 28,054 30,315 31,946 30,508 31,638 33,935
Soybean Oil
Supply 5,866 5,794 6,235 6,542 6,386 6,678 7,256 7,693 7,178 7,469 8,036
Production 5,630 5,430 5,970 6,160 6,120 6,470 6,970 7,310 6,760 7,070 7,650
Beginning stocks 236 364 265 382 266 208 286 383 418 399 386
Utilization 3,455 3,356 3,777 4,221 4,483 5,266 5,588 5,808 5,933 6,091 6,537
Consumption 3,091 3,091 3,395 3,955 4,275 4,980 5,205 5,390 5,534 5,705 6,275
of which, biodiesel feedstock 0 0 36 224 683 1,063 1,567 1,707 1,764 1,865 2,108
Ending Stocks 364 265 382 266 208 286 383 418 399 386 262
Net Exports 2,411 2,438 2,458 2,321 1,903 1,412 1,668 1,885 1,245 1,378 1,499
Total Demand 5,866 5,794 6,235 6,542 6,386 6,678 7,256 7,693 7,178 7,469 8,036
Brazil Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 33,300 34,156 34,878 35,482 35,987 36,409 36,776 37,080 37,330 37,536 37,709
(Metric tons per hectare)
Yield 3.00 3.03 3.07 3.12 3.16 3.21 3.25 3.30 3.34 3.39 3.43
(Thousand metric tons)
Supply 118,388 121,782 126,989 131,795 136,000 139,883 143,777 147,489 150,990 154,339 157,719
Production 100,000 103,342 107,098 110,553 113,750 116,723 119,559 122,220 124,725 127,106 129,394
Beginning stocks 18,388 18,440 19,890 21,243 22,251 23,159 24,218 25,269 26,265 27,233 28,326
Utilization 61,571 65,250 69,040 71,194 73,299 75,491 77,635 79,672 81,624 83,718 85,601
Crush 40,012 42,161 44,494 45,543 46,634 47,687 48,691 49,635 50,512 51,409 52,198
Other utilization 3,119 3,199 3,303 3,401 3,506 3,586 3,675 3,772 3,879 3,984 4,087
Ending Stocks 18,440 19,890 21,243 22,251 23,159 24,218 25,269 26,265 27,233 28,326 29,315
Net Exports 56,817 56,532 57,948 60,601 62,702 64,392 66,142 67,817 69,366 70,621 72,118
Total Demand 118,388 121,782 126,989 131,795 136,000 139,883 143,777 147,489 150,990 154,339 157,719
Soybean Meal
Supply 35,283 36,935 38,912 39,639 40,394 41,181 41,935 42,649 43,304 43,972 44,603
Production 30,968 32,631 34,437 35,248 36,092 36,908 37,685 38,415 39,094 39,788 40,399
Beginning stocks 4,315 4,304 4,476 4,391 4,302 4,274 4,250 4,234 4,210 4,184 4,204
Utilization 19,699 20,454 20,834 21,193 21,737 22,301 22,719 23,218 23,776 24,433 25,121
Consumption 15,394 15,979 16,443 16,892 17,463 18,051 18,485 19,008 19,592 20,229 20,891
Ending Stocks 4,304 4,476 4,391 4,302 4,274 4,250 4,234 4,210 4,184 4,204 4,230
Net Exports 15,584 16,481 18,078 18,446 18,657 18,881 19,215 19,432 19,528 19,539 19,482
Total Demand 35,283 36,935 38,912 39,639 40,394 41,181 41,935 42,649 43,304 43,972 44,603
Soybean Oil
Supply 7,941 8,299 8,769 8,984 9,192 9,396 9,597 9,777 9,946 10,115 10,271
Production 7,679 8,091 8,539 8,740 8,949 9,152 9,344 9,525 9,694 9,866 10,017
Beginning stocks 262 208 231 244 242 245 252 251 253 249 253
Utilization 6,351 6,653 6,829 7,042 7,221 7,406 7,557 7,737 7,919 8,148 8,234
Consumption 6,143 6,422 6,584 6,800 6,976 7,153 7,305 7,484 7,669 7,895 7,985
of which, biodiesel feedstock 2,494 2,639 2,666 2,713 2,752 2,781 2,797 2,828 2,865 2,897 2,909
Ending Stocks 208 231 244 242 245 252 251 253 249 253 249
Net Exports 1,590 1,646 1,941 1,942 1,970 1,991 2,040 2,040 2,028 1,967 2,036
Total Demand 7,941 8,299 8,769 8,984 9,192 9,396 9,597 9,777 9,946 10,115 10,271
Canada Soybean Complex Supply & Utilization Canada Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 1,174 1,165 1,201 1,167 1,195 1,412 1,505 1,554 1,679 1,860 2,235
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.59 2.71 2.89 2.30 2.79 2.54 2.95 2.87 3.03 2.88 2.71
(Thousand metric tons) (Thousand metric tons)
Supply 3,239 3,609 4,102 3,341 3,510 3,801 4,750 4,764 5,318 5,537 6,331
Production 3,044 3,156 3,466 2,686 3,336 3,581 4,445 4,467 5,086 5,359 6,049
Beginning stocks 195 453 636 655 174 220 305 297 232 178 282
Utilization 2,501 2,632 2,653 1,897 1,880 1,929 2,057 2,062 2,118 2,407 2,821
Crush 1,545 1,497 1,525 1,376 1,282 1,291 1,425 1,411 1,550 1,537 1,700
Other utilization 503 499 473 347 378 333 335 419 390 588 621
Ending Stocks 453 636 655 174 220 305 297 232 178 282 500
Net Exports 738 977 1,449 1,444 1,630 1,872 2,693 2,702 3,200 3,130 3,510
Total Demand 3,239 3,609 4,102 3,341 3,510 3,801 4,750 4,764 5,318 5,537 6,331
Soybean Meal
Supply 2,306 2,415 2,500 2,471 2,197 2,019 2,008 2,095 1,987 1,988 2,078
Production 1,230 1,182 1,199 1,056 1,007 1,019 1,122 1,109 1,215 1,210 1,335
Beginning stocks 24 20 23 25 20 20 20 21 35 37 18
Net imports 1,052 1,213 1,278 1,390 1,170 980 866 965 737 741 725
Utilization 2,306 2,415 2,500 2,471 2,197 2,019 2,008 2,095 1,987 1,988 2,078
Consumption 2,286 2,392 2,475 2,451 2,177 1,999 1,987 2,060 1,950 1,970 2,050
Ending Stocks 20 23 25 20 20 20 21 35 37 18 28
Soybean Oil
Supply 317 318 311 299 251 241 278 267 285 283 315
Production 275 281 278 265 239 232 265 256 280 278 308
Beginning stocks 42 37 33 34 12 9 13 11 5 5 7
Utilization 384 373 366 329 258 237 244 220 211 222 238
Consumption 347 340 332 317 249 224 233 215 206 215 225
Ending Stocks 37 33 34 12 9 13 11 5 5 7 13
Net Exports -67 -55 -55 -30 -7 4 34 47 74 61 77
Total Demand 317 318 311 299 251 241 278 267 285 283 315
Canada Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 2,200 2,250 2,289 2,332 2,367 2,393 2,414 2,429 2,443 2,455 2,460
(Metric tons per hectare)
Yield 2.70 2.71 2.72 2.73 2.74 2.75 2.76 2.78 2.79 2.80 2.81
(Thousand metric tons)
Supply 6,450 6,640 6,783 6,926 7,053 7,156 7,242 7,314 7,380 7,442 7,487
Production 5,950 6,100 6,230 6,372 6,493 6,591 6,674 6,743 6,806 6,866 6,907
Beginning stocks 500 541 553 554 559 565 568 572 574 576 580
Utilization 2,946 3,063 3,071 3,139 3,208 3,274 3,340 3,402 3,463 3,541 3,608
Crush 1,805 1,911 1,917 1,980 2,043 2,105 2,168 2,229 2,287 2,361 2,425
Other utilization 600 600 600 600 600 600 600 600 600 600 600
Ending Stocks 541 553 554 559 565 568 572 574 576 580 583
Net Exports 3,504 3,577 3,712 3,787 3,845 3,882 3,903 3,912 3,917 3,901 3,879
Total Demand 6,450 6,640 6,783 6,926 7,053 7,156 7,242 7,314 7,380 7,442 7,487
Soybean Meal
Supply 2,227 2,265 2,269 2,292 2,311 2,322 2,340 2,360 2,387 2,418 2,456
Production 1,418 1,500 1,505 1,555 1,604 1,653 1,703 1,750 1,796 1,854 1,905
Beginning stocks 28 29 29 29 29 29 29 29 29 29 29
Net imports 781 735 734 708 677 640 609 581 562 534 523
Utilization 2,227 2,265 2,269 2,292 2,311 2,322 2,340 2,360 2,387 2,418 2,456
Consumption 2,197 2,235 2,240 2,263 2,282 2,293 2,311 2,331 2,358 2,388 2,427
Ending Stocks 29 29 29 29 29 29 29 29 29 29 29
Soybean Oil
Supply 340 356 357 369 380 391 403 414 424 438 449
Production 327 346 347 359 370 381 393 404 414 428 439
Beginning stocks 13 10 10 10 10 10 10 10 10 10 10
Utilization 238 241 244 246 248 251 253 256 257 260 262
Consumption 228 231 234 236 238 241 243 246 247 250 252
Ending Stocks 10 10 10 10 10 10 10 10 10 10 10
Net Exports 102 115 114 122 132 140 150 158 167 178 188
Total Demand 340 356 357 369 380 391 403 414 424 438 449
China Soybean Complex Supply & Utilization China Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 9,589 9,591 9,304 8,754 9,127 9,190 8,516 7,889 7,172 6,850 6,800
(Metric tons per hectare) (Metric tons per hectare)
Yield 1.81 1.70 1.62 1.45 1.70 1.63 1.77 1.84 1.82 1.78 1.82
(Thousand metric tons) (Thousand metric tons)
Supply 44,912 49,013 47,933 51,895 58,710 72,589 80,438 87,979 88,558 94,727 104,684
Production 17,400 16,350 15,080 12,725 15,540 14,980 15,080 14,485 13,050 12,200 12,350
Beginning stocks 2,100 4,700 4,573 1,807 2,472 7,455 13,209 14,538 15,909 12,378 14,127
Net imports 25,412 27,963 28,280 37,363 40,698 50,154 52,149 58,956 59,599 70,149 78,207
Utilization 44,912 49,013 47,933 51,895 58,710 72,589 80,438 87,979 88,558 94,727 104,684
Crush 30,362 34,500 35,970 39,518 41,035 48,830 55,000 60,970 64,950 68,850 74,500
Other utilization 9,850 9,940 10,156 9,905 10,220 10,550 10,900 11,100 11,230 11,750 12,200
Ending Stocks 4,700 4,573 1,807 2,472 7,455 13,209 14,538 15,909 12,378 14,127 17,984
Soybean Meal
Supply 24,026 27,296 28,465 31,280 32,475 38,644 43,560 48,288 51,440 54,531 59,245
Production 24,026 27,296 28,465 31,280 32,475 38,644 43,560 48,288 51,440 54,531 59,245
Beginning stocks 0 0 0 0 0 0 0 0 0 0 0
Utilization 23,437 27,776 27,630 30,849 31,673 37,546 43,382 47,435 50,091 52,534 57,708
Consumption 23,437 27,776 27,630 30,849 31,673 37,546 43,382 47,435 50,091 52,534 57,708
Ending Stocks 0 0 0 0 0 0 0 0 0 0 0
Net Exports 589 -480 835 431 802 1,098 178 853 1,349 1,997 1,537
Total Demand 24,026 27,296 28,465 31,280 32,475 38,644 43,560 48,288 51,440 54,531 59,245
Soybean Oil
Supply 7,450 7,807 8,920 9,920 9,963 10,640 11,712 12,659 13,566 14,615 15,011
Production 5,421 6,149 6,410 7,045 7,325 8,726 9,840 10,914 11,626 12,335 13,387
Beginning stocks 341 247 200 250 227 477 605 303 615 1,021 958
Net imports 1,688 1,411 2,310 2,625 2,411 1,437 1,267 1,442 1,325 1,259 666
Utilization 7,450 7,807 8,920 9,920 9,963 10,640 11,712 12,659 13,566 14,615 15,011
Consumption 7,203 7,607 8,670 9,693 9,486 10,035 11,409 12,044 12,545 13,657 14,166
Ending Stocks 247 200 250 227 477 605 303 615 1,021 958 845
China Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 6,400 6,316 6,433 6,516 6,515 6,464 6,354 6,267 6,243 6,244 6,235
(Metric tons per hectare)
Yield 1.80 1.93 1.95 1.97 1.98 2.00 2.02 2.04 2.06 2.08 2.10
(Thousand metric tons)
Supply 109,881 110,502 111,946 114,563 117,922 121,687 125,504 129,188 132,903 136,105 138,924
Production 11,500 12,184 12,528 12,812 12,931 12,951 12,849 12,790 12,857 12,975 13,073
Beginning stocks 17,984 16,630 16,466 16,693 17,161 17,806 18,600 19,452 20,306 21,238 22,014
Net imports 80,397 81,688 82,951 85,058 87,830 90,930 94,055 96,946 99,740 101,891 103,838
Utilization 109,881 110,502 111,946 114,563 117,922 121,687 125,504 129,188 132,903 136,105 138,924
Crush 80,285 80,975 82,032 83,995 86,538 89,350 92,159 94,826 97,438 99,706 101,705
Other utilization 12,966 13,060 13,221 13,407 13,577 13,737 13,893 14,055 14,227 14,385 14,527
Ending Stocks 16,630 16,466 16,693 17,161 17,806 18,600 19,452 20,306 21,238 22,014 22,692
Soybean Meal
Supply 63,846 64,394 65,235 66,796 68,818 71,054 73,288 75,409 77,486 79,290 80,880
Production 63,846 64,394 65,235 66,796 68,818 71,054 73,288 75,409 77,486 79,290 80,880
Beginning stocks 0 0 0 0 0 0 0 0 0 0 0
Utilization 61,768 63,048 63,872 65,449 67,418 69,629 71,881 74,031 76,112 77,898 79,466
Consumption 61,768 63,048 63,872 65,449 67,418 69,629 71,881 74,031 76,112 77,898 79,466
Ending Stocks 0 0 0 0 0 0 0 0 0 0 0
Net Exports 2,078 1,346 1,363 1,346 1,400 1,425 1,407 1,377 1,374 1,392 1,414
Total Demand 63,846 64,394 65,235 66,796 68,818 71,054 73,288 75,409 77,486 79,290 80,880
Soybean Oil
Supply 16,035 16,476 16,822 17,342 17,863 18,464 18,957 19,609 20,203 20,963 21,611
Production 14,371 14,494 14,683 15,035 15,490 15,993 16,496 16,973 17,441 17,847 18,205
Beginning stocks 845 764 785 801 826 851 879 903 934 962 998
Net imports 820 1,218 1,354 1,506 1,547 1,620 1,582 1,733 1,828 2,155 2,409
Utilization 16,035 16,476 16,822 17,342 17,863 18,464 18,957 19,609 20,203 20,963 21,611
Consumption 15,271 15,691 16,021 16,516 17,012 17,585 18,055 18,675 19,241 19,965 20,582
Ending Stocks 764 785 801 826 851 879 903 934 962 998 1,029
EU-28 Soybean Complex Supply & Utilization EU-28 Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 431 451 557 389 273 352 426 445 422 472 573
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.71 2.87 2.52 2.09 2.74 2.70 2.81 2.74 2.25 2.57 3.16
(Thousand metric tons) (Thousand metric tons)
Supply 16,619 15,987 17,256 16,916 14,631 14,028 14,116 14,055 14,194 14,749 15,773
Production 1,166 1,294 1,402 814 747 951 1,198 1,220 948 1,211 1,810
Beginning stocks 906 757 733 1,007 707 454 541 820 800 302 533
Net imports 14,547 13,936 15,121 15,095 13,177 12,623 12,377 12,015 12,446 13,236 13,430
Utilization 16,619 15,987 17,256 16,916 14,631 14,028 14,116 14,055 14,194 14,749 15,773
Crush 14,441 13,802 14,801 14,947 12,940 12,595 12,430 12,414 13,162 13,436 14,100
Other utilization 1,421 1,452 1,448 1,262 1,237 892 866 841 730 780 840
Ending Stocks 757 733 1,007 707 454 541 820 800 302 533 833
Soybean Meal
Supply 33,752 33,996 34,381 36,861 32,341 30,863 31,405 30,109 27,242 28,588 30,575
Production 11,408 10,904 11,693 11,808 10,223 9,950 9,633 9,668 10,398 10,614 11,139
Beginning stocks 858 859 870 856 1,429 505 504 453 439 120 146
Net imports 21,486 22,233 21,818 24,197 20,689 20,408 21,268 19,988 16,405 17,854 19,290
Utilization 33,752 33,996 34,381 36,861 32,341 30,863 31,405 30,109 27,242 28,588 30,575
Consumption 32,893 33,126 33,525 35,432 31,836 30,359 30,952 29,670 27,122 28,442 30,342
Ending Stocks 859 870 856 1,429 505 504 453 439 120 146 233
Soybean Oil
Supply 2,435 3,179 3,682 3,693 3,235 2,889 2,934 2,407 2,110 2,308 2,277
Production 2,599 2,512 2,694 2,720 2,350 2,290 2,362 2,359 2,501 2,553 2,679
Beginning stocks 180 221 254 270 488 438 129 404 298 202 338
Net imports -344 446 734 703 397 161 443 -356 -689 -447 -740
Utilization 2,435 3,179 3,682 3,693 3,235 2,889 2,934 2,407 2,110 2,308 2,277
Consumption 2,214 2,925 3,412 3,205 2,797 2,760 2,530 2,109 1,908 1,970 2,000
Ending Stocks 221 254 270 488 438 129 404 298 202 338 277
EU-28 Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 733 564 560 560 560 560 560 561 562 561 562
(Metric tons per hectare)
Yield 2.80 2.84 2.86 2.87 2.89 2.90 2.92 2.94 2.95 2.97 2.98
(Thousand metric tons)
Supply 16,649 15,863 16,368 16,422 16,361 16,267 16,175 16,027 16,370 16,203 16,285
Production 2,050 1,602 1,600 1,609 1,617 1,627 1,637 1,647 1,658 1,666 1,677
Beginning stocks 833 855 796 813 811 806 801 796 789 811 807
Net imports 13,766 13,405 13,973 14,001 13,934 13,834 13,737 13,583 13,923 13,727 13,801
Utilization 16,649 15,863 16,368 16,422 16,361 16,267 16,175 16,027 16,370 16,203 16,285
Crush 14,911 14,228 14,732 14,803 14,759 14,680 14,612 14,486 14,796 14,625 14,688
Other utilization 883 839 824 808 797 786 766 751 764 772 781
Ending Stocks 855 796 813 811 806 801 796 789 811 807 816
Soybean Meal
Supply 31,826 32,254 32,825 33,507 33,904 34,243 34,738 35,221 35,796 36,413 37,121
Production 11,784 11,245 11,643 11,699 11,665 11,602 11,549 11,449 11,694 11,559 11,608
Beginning stocks 233 182 175 182 217 260 303 356 416 487 570
Net imports 19,809 20,826 21,007 21,626 22,022 22,382 22,887 23,416 23,686 24,367 24,942
Utilization 31,826 32,254 32,825 33,507 33,904 34,243 34,738 35,221 35,796 36,413 37,121
Consumption 31,644 32,078 32,643 33,290 33,644 33,941 34,382 34,805 35,309 35,843 36,450
Ending Stocks 182 175 182 217 260 303 356 416 487 570 671
Soybean Oil
Supply 2,279 2,287 2,293 2,278 2,267 2,263 2,248 2,244 2,234 2,251 2,235
Production 2,838 2,708 2,804 2,818 2,809 2,794 2,781 2,757 2,816 2,784 2,796
Beginning stocks 277 272 271 270 267 264 261 257 254 250 250
Net imports -837 -693 -782 -810 -809 -795 -795 -770 -836 -783 -811
Utilization 2,279 2,287 2,293 2,278 2,267 2,263 2,248 2,244 2,234 2,251 2,235
Consumption 2,006 2,017 2,023 2,011 2,004 2,002 1,991 1,991 1,984 2,000 1,988
Ending Stocks 272 271 270 267 264 261 257 254 250 250 247
India Soybean Complex Supply & Utilization India Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 7,990 7,800 8,120 8,800 9,510 9,730 9,600 10,270 10,700 12,200 10,908
(Metric tons per hectare) (Metric tons per hectare)
Yield 0.73 0.90 0.95 1.08 0.98 1.00 1.05 1.14 1.14 0.78 0.83
(Thousand metric tons) (Thousand metric tons)
Supply 6,236 7,806 7,845 9,688 9,446 10,261 11,176 12,138 13,000 10,635 9,606
Production 5,850 7,000 7,690 9,470 9,300 9,700 10,100 11,700 12,200 9,500 9,000
Beginning stocks 386 806 155 218 146 561 1,076 438 800 1,135 606
Utilization 6,230 7,800 7,844 9,676 9,391 10,246 11,158 12,100 12,885 10,456 9,358
Crush 4,530 6,740 6,585 8,400 7,450 7,800 9,300 9,650 9,900 8,300 7,100
Other utilization 894 905 1,041 1,130 1,380 1,370 1,420 1,650 1,850 1,550 1,800
Ending Stocks 806 155 218 146 561 1,076 438 800 1,135 606 458
Net Exports 6 6 1 12 55 15 18 38 115 179 248
Total Demand 6,236 7,806 7,845 9,688 9,446 10,261 11,176 12,138 13,000 10,635 9,606
Soybean Meal
Supply 3,734 5,605 5,360 6,830 6,060 6,500 7,870 7,928 8,184 6,987 5,882
Production 3,616 5,381 5,255 6,705 5,960 6,240 7,440 7,720 7,920 6,640 5,680
Beginning stocks 118 224 105 125 100 260 430 208 264 347 202
Utilization 1,504 1,340 1,220 1,550 2,260 3,390 3,078 3,544 3,837 4,252 4,814
Consumption 1,280 1,235 1,095 1,450 2,000 2,960 2,870 3,280 3,490 4,050 4,710
Ending Stocks 224 105 125 100 260 430 208 264 347 202 104
Net Exports 2,230 4,265 4,140 5,280 3,800 3,110 4,792 4,384 4,347 2,735 1,068
Total Demand 3,734 5,605 5,360 6,830 6,060 6,500 7,870 7,928 8,184 6,987 5,882
Soybean Oil
Supply 2,860 3,042 2,856 2,372 2,419 3,077 2,848 3,110 3,198 3,555 4,309
Production 810 1,205 1,175 1,499 1,319 1,381 1,646 1,708 1,752 1,478 1,255
Beginning stocks 35 123 242 156 42 99 257 238 360 248 255
Net imports 2,015 1,714 1,439 717 1,058 1,597 945 1,164 1,086 1,829 2,799
Utilization 2,860 3,042 2,856 2,372 2,419 3,077 2,848 3,110 3,198 3,555 4,309
Consumption 2,737 2,800 2,700 2,330 2,320 2,820 2,610 2,750 2,950 3,300 4,049
Ending Stocks 123 242 156 42 99 257 238 360 248 255 260
India Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 11,650 11,341 11,165 11,235 11,368 11,516 11,684 11,922 12,256 12,657 13,035
(Metric tons per hectare)
Yield 0.82 1.07 1.08 1.09 1.10 1.12 1.13 1.14 1.15 1.16 1.17
(Thousand metric tons)
Supply 9,958 12,763 12,744 12,934 13,203 13,493 13,809 14,207 14,723 15,324 15,909
Production 9,500 12,176 12,103 12,296 12,559 12,842 13,151 13,542 14,050 14,641 15,213
Beginning stocks 458 587 641 638 644 651 658 665 673 683 697
Utilization 9,665 12,269 12,407 12,650 12,959 13,295 13,646 14,067 14,656 15,240 15,825
Crush 7,253 9,733 9,807 9,970 10,194 10,440 10,700 11,029 11,522 12,009 12,499
Other utilization 1,825 1,895 1,961 2,036 2,115 2,197 2,281 2,366 2,450 2,534 2,617
Ending Stocks 587 641 638 644 651 658 665 673 683 697 709
Net Exports 293 494 337 284 243 198 163 140 66 84 85
Total Demand 9,958 12,763 12,744 12,934 13,203 13,493 13,809 14,207 14,723 15,324 15,909
Soybean Meal
Supply 5,907 7,902 8,002 8,149 8,339 8,545 8,762 9,034 9,438 9,839 10,243
Production 5,803 7,786 7,846 7,976 8,155 8,352 8,560 8,823 9,218 9,607 9,999
Beginning stocks 104 116 156 173 184 193 202 211 220 232 244
Utilization 5,291 5,472 5,618 5,767 5,924 6,080 6,236 6,390 6,541 6,689 6,836
Consumption 5,175 5,315 5,445 5,584 5,731 5,878 6,025 6,170 6,309 6,444 6,578
Ending Stocks 116 156 173 184 193 202 211 220 232 244 258
Net Exports 616 2,430 2,385 2,382 2,414 2,465 2,526 2,644 2,897 3,150 3,408
Total Demand 5,907 7,902 8,002 8,149 8,339 8,545 8,762 9,034 9,438 9,839 10,243
Soybean Oil
Supply 4,720 4,793 4,948 5,136 5,297 5,471 5,604 5,781 5,925 6,117 6,268
Production 1,282 1,720 1,734 1,762 1,802 1,845 1,891 1,949 2,037 2,123 2,209
Beginning stocks 260 254 262 266 268 270 272 274 276 278 280
Net imports 3,178 2,820 2,952 3,108 3,227 3,356 3,440 3,558 3,613 3,717 3,778
Utilization 4,720 4,793 4,948 5,136 5,297 5,471 5,604 5,781 5,925 6,117 6,268
Consumption 4,466 4,531 4,682 4,868 5,027 5,199 5,330 5,506 5,647 5,837 5,985
Ending Stocks 254 262 266 268 270 272 274 276 278 280 283
Japan Soybean Complex Supply & Utilization Japan Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 137 134 142 138 147 145 138 137 131 129 132
(Metric tons per hectare) (Metric tons per hectare)
Yield 1.19 1.69 1.61 1.64 1.78 1.59 1.62 1.60 1.80 1.55 1.71
(Thousand metric tons) (Thousand metric tons)
Supply 4,757 4,446 4,488 4,421 3,920 3,894 3,379 3,138 3,194 3,278 3,404
Production 163 226 229 227 262 230 223 219 236 200 226
Beginning stocks 299 258 172 185 262 263 239 160 128 184 228
Net imports 4,295 3,962 4,087 4,009 3,396 3,401 2,917 2,759 2,830 2,894 2,950
Utilization 4,757 4,446 4,488 4,421 3,920 3,894 3,379 3,138 3,194 3,278 3,404
Crush 3,149 3,004 3,033 2,919 2,497 2,535 2,149 1,960 1,915 1,969 2,120
Other utilization 1,350 1,270 1,270 1,240 1,160 1,120 1,070 1,050 1,095 1,081 1,074
Ending Stocks 258 172 185 262 263 239 160 128 184 228 210
Soybean Meal
Supply 4,111 4,079 4,225 4,249 4,001 4,175 4,130 4,051 3,423 3,560 3,486
Production 2,416 2,280 2,299 2,218 1,895 1,908 1,647 1,483 1,447 1,493 1,602
Beginning stocks 192 198 189 284 294 161 275 286 211 91 184
Net imports 1,503 1,601 1,737 1,747 1,812 2,106 2,208 2,282 1,765 1,976 1,700
Utilization 4,111 4,079 4,225 4,249 4,001 4,175 4,130 4,051 3,423 3,560 3,486
Consumption 3,913 3,890 3,941 3,955 3,840 3,900 3,844 3,840 3,332 3,376 3,326
Ending Stocks 198 189 284 294 161 275 286 211 91 184 160
Soybean Oil
Supply 683 684 673 659 569 518 447 414 433 429 442
Production 579 579 576 563 479 480 416 380 371 389 410
Beginning stocks 59 44 47 54 51 12 12 14 24 24 25
Net imports 45 61 50 42 39 26 19 20 38 16 7
Utilization 683 684 673 659 569 518 447 414 433 429 442
Consumption 639 637 619 608 557 506 433 390 409 404 415
Ending Stocks 44 47 54 51 12 12 14 24 24 25 27
Japan Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 130 121 122 122 123 124 126 128 131 134 137
(Metric tons per hectare)
Yield 1.69 1.68 1.69 1.69 1.69 1.70 1.70 1.70 1.71 1.71 1.71
(Thousand metric tons)
Supply 3,348 3,076 3,183 3,177 3,093 3,060 3,044 3,022 3,121 3,127 3,133
Production 220 204 205 206 208 210 214 218 223 229 235
Beginning stocks 210 229 217 227 227 221 218 217 215 222 223
Net imports 2,918 2,643 2,760 2,744 2,658 2,628 2,612 2,588 2,683 2,676 2,676
Utilization 3,348 3,076 3,183 3,177 3,093 3,060 3,044 3,022 3,121 3,127 3,133
Crush 2,039 1,785 1,887 1,882 1,808 1,782 1,772 1,755 1,841 1,844 1,847
Other utilization 1,080 1,074 1,069 1,068 1,064 1,060 1,056 1,053 1,058 1,060 1,063
Ending Stocks 229 217 227 227 221 218 217 215 222 223 224
Soybean Meal
Supply 3,549 3,629 3,580 3,589 3,606 3,591 3,610 3,642 3,680 3,723 3,789
Production 1,541 1,349 1,426 1,422 1,366 1,346 1,339 1,326 1,391 1,394 1,396
Beginning stocks 160 188 190 175 181 184 183 188 193 201 210
Net imports 1,848 2,091 1,964 1,992 2,059 2,061 2,088 2,128 2,096 2,129 2,183
Utilization 3,549 3,629 3,580 3,589 3,606 3,591 3,610 3,642 3,680 3,723 3,789
Consumption 3,360 3,439 3,405 3,408 3,423 3,408 3,421 3,449 3,479 3,513 3,566
Ending Stocks 188 190 175 181 184 183 188 193 201 210 223
Soybean Oil
Supply 436 382 403 401 385 379 376 373 390 391 391
Production 394 345 365 364 350 345 343 339 356 357 357
Beginning stocks 27 25 22 23 23 22 21 21 21 22 22
Net imports 15 12 16 15 12 13 12 12 13 13 11
Utilization 436 382 403 401 385 379 376 373 390 391 391
Consumption 412 360 380 379 363 358 354 352 368 369 369
Ending Stocks 25 22 23 23 22 21 21 21 22 22 22
Mexico Soybean Complex Supply & Utilization Mexico Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 88 94 54 63 76 65 154 167 140 179 193
(Metric tons per hectare) (Metric tons per hectare)
Yield 1.50 1.99 1.48 1.40 2.01 1.86 1.09 1.24 1.75 1.35 1.84
(Thousand metric tons) (Thousand metric tons)
Supply 3,771 3,861 4,027 3,903 3,648 3,657 3,688 3,841 3,785 4,183 4,498
Production 132 187 80 88 153 121 168 207 245 241 355
Beginning stocks 0 7 103 201 168 13 22 28 131 100 118
Net imports 3,639 3,667 3,844 3,614 3,327 3,523 3,498 3,606 3,409 3,842 4,025
Utilization 3,771 3,861 4,027 3,903 3,648 3,657 3,688 3,841 3,785 4,183 4,498
Crush 3,729 3,723 3,800 3,700 3,600 3,600 3,625 3,675 3,650 4,030 4,275
Other utilization 35 35 26 35 35 35 35 35 35 35 41
Ending Stocks 7 103 201 168 13 22 28 131 100 118 182
Soybean Meal
Supply 4,258 4,719 4,903 4,552 4,464 4,167 4,370 4,477 4,279 4,705 5,080
Production 2,950 2,945 3,010 2,930 2,850 2,850 2,870 2,910 2,890 3,185 3,380
Beginning stocks 59 50 118 229 102 114 7 30 107 29 30
Net imports 1,249 1,724 1,775 1,393 1,512 1,203 1,493 1,537 1,282 1,491 1,670
Utilization 4,258 4,719 4,903 4,552 4,464 4,167 4,370 4,477 4,279 4,705 5,080
Consumption 4,208 4,601 4,674 4,450 4,350 4,160 4,340 4,370 4,250 4,675 5,010
Ending Stocks 50 118 229 102 114 7 30 107 29 30 70
Soybean Oil
Supply 960 935 965 1,015 939 877 1,003 961 959 1,016 1,137
Production 665 665 680 661 643 643 648 657 653 720 765
Beginning stocks 149 149 148 120 138 44 2 163 116 99 126
Net imports 146 121 137 234 158 190 353 141 190 197 246
Utilization 960 935 965 1,015 939 877 1,003 961 959 1,016 1,137
Consumption 811 787 845 877 895 875 840 845 860 890 1,001
Ending Stocks 149 148 120 138 44 2 163 116 99 126 136
Mexico Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 195 191 186 184 180 177 174 171 167 164 161
(Metric tons per hectare)
Yield 1.85 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50
(Thousand metric tons)
Supply 4,605 4,646 4,753 4,791 4,793 4,801 4,777 4,748 4,741 4,716 4,661
Production 360 287 280 276 271 267 262 257 252 247 242
Beginning stocks 182 217 219 224 226 226 227 226 224 224 223
Net imports 4,063 4,142 4,254 4,290 4,295 4,308 4,288 4,265 4,265 4,245 4,196
Utilization 4,605 4,646 4,753 4,791 4,793 4,801 4,777 4,748 4,741 4,716 4,661
Crush 4,347 4,386 4,489 4,524 4,526 4,535 4,511 4,483 4,478 4,453 4,401
Other utilization 40 40 40 40 40 40 40 40 40 40 40
Ending Stocks 217 219 224 226 226 227 226 224 224 223 220
Soybean Meal
Supply 5,310 5,381 5,603 5,817 5,981 6,110 6,235 6,334 6,428 6,513 6,602
Production 3,437 3,468 3,549 3,577 3,579 3,585 3,567 3,545 3,540 3,521 3,480
Beginning stocks 70 104 106 110 114 117 120 122 124 126 128
Net imports 1,803 1,809 1,949 2,130 2,288 2,408 2,548 2,667 2,763 2,866 2,995
Utilization 5,310 5,381 5,603 5,817 5,981 6,110 6,235 6,334 6,428 6,513 6,602
Consumption 5,206 5,276 5,494 5,703 5,864 5,990 6,112 6,210 6,301 6,386 6,473
Ending Stocks 104 106 110 114 117 120 122 124 126 128 129
Soybean Oil
Supply 1,157 1,181 1,194 1,206 1,213 1,224 1,227 1,232 1,233 1,242 1,241
Production 778 785 803 810 810 811 807 802 801 797 788
Beginning stocks 136 148 158 165 171 174 178 179 181 181 182
Net imports 243 249 233 231 232 238 241 250 251 264 271
Utilization 1,157 1,181 1,194 1,206 1,213 1,224 1,227 1,232 1,233 1,242 1,241
Consumption 1,009 1,023 1,029 1,035 1,039 1,046 1,047 1,051 1,052 1,059 1,059
Ending Stocks 148 158 165 171 174 178 179 181 181 182 182
Paraguay Soybean Complex Supply & Utilization Paraguay Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 2,000 2,426 2,430 2,645 2,525 2,680 2,871 2,957 3,158 3,255 3,240
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.02 1.50 2.30 2.26 1.44 2.41 2.48 1.37 2.60 2.52 2.50
(Thousand metric tons) (Thousand metric tons)
Supply 4,091 3,724 5,674 6,117 4,169 6,482 7,874 5,021 8,668 8,317 8,174
Production 4,041 3,641 5,581 5,969 3,647 6,462 7,128 4,043 8,202 8,190 8,100
Beginning stocks 50 83 93 148 522 20 746 978 466 127 74
Utilization 1,241 1,354 1,553 2,032 1,570 2,424 2,668 1,466 3,177 3,524 3,806
Crush 1,077 1,181 1,305 1,390 1,450 1,558 1,570 900 2,950 3,350 3,650
Other utilization 81 80 100 120 100 120 120 100 100 100 100
Ending Stocks 83 93 148 522 20 746 978 466 127 74 56
Net Exports 2,850 2,370 4,121 4,085 2,599 4,058 5,206 3,555 5,491 4,793 4,368
Total Demand 4,091 3,724 5,674 6,117 4,169 6,482 7,874 5,021 8,668 8,317 8,174
Soybean Meal
Supply 854 1,058 1,224 1,146 1,140 1,225 1,262 774 2,416 2,739 2,925
Production 846 927 1,025 1,092 1,140 1,225 1,235 705 2,315 2,630 2,870
Beginning stocks 8 131 199 54 0 0 27 69 101 109 55
Utilization 206 274 129 74 64 101 219 251 269 240 377
Consumption 75 75 75 74 64 74 150 150 160 185 225
Ending Stocks 131 199 54 0 0 27 69 101 109 55 152
Net Exports 648 784 1,095 1,072 1,076 1,124 1,043 523 2,147 2,499 2,548
Total Demand 854 1,058 1,224 1,146 1,140 1,225 1,262 774 2,416 2,739 2,925
Soybean Oil
Supply 205 298 335 303 286 324 350 235 641 692 709
Production 205 224 248 264 275 296 300 172 564 640 697
Beginning stocks 0 74 87 39 11 28 50 63 77 52 12
Utilization 97 116 77 46 60 84 98 112 87 47 54
Consumption 23 29 38 35 32 34 35 35 35 35 35
Ending Stocks 74 87 39 11 28 50 63 77 52 12 19
Net Exports 108 182 258 257 226 240 252 123 554 645 655
Total Demand 205 298 335 303 286 324 350 235 641 692 709
Paraguay Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 3,400 3,444 3,452 3,532 3,591 3,688 3,810 3,939 4,071 4,154 4,198
(Metric tons per hectare)
Yield 2.59 2.59 2.62 2.65 2.68 2.71 2.74 2.77 2.80 2.83 2.86
(Thousand metric tons)
Supply 8,856 8,991 9,122 9,438 9,712 10,089 10,548 11,037 11,543 11,920 12,189
Production 8,800 8,925 9,050 9,367 9,631 10,001 10,449 10,921 11,408 11,766 12,019
Beginning stocks 56 66 72 71 81 88 99 116 135 154 170
Utilization 4,275 4,647 4,938 5,193 5,400 5,584 5,756 5,916 6,064 6,194 6,303
Crush 4,100 4,464 4,759 5,001 5,201 5,373 5,523 5,658 5,782 5,891 5,984
Other utilization 109 111 109 111 111 113 117 123 128 133 137
Ending Stocks 66 72 71 81 88 99 116 135 154 170 182
Net Exports 4,581 4,344 4,184 4,245 4,311 4,505 4,791 5,121 5,479 5,726 5,887
Total Demand 8,856 8,991 9,122 9,438 9,712 10,089 10,548 11,037 11,543 11,920 12,189
Soybean Meal
Supply 3,376 3,672 3,905 4,095 4,252 4,387 4,505 4,612 4,709 4,795 4,869
Production 3,224 3,510 3,742 3,933 4,090 4,225 4,343 4,449 4,546 4,632 4,705
Beginning stocks 152 162 163 163 163 163 163 163 163 163 164
Utilization 365 367 366 366 366 366 366 367 367 369 370
Consumption 203 204 203 203 203 203 203 204 204 205 206
Ending Stocks 162 163 163 163 163 163 163 163 163 164 164
Net Exports 3,010 3,306 3,538 3,729 3,887 4,021 4,139 4,245 4,342 4,427 4,499
Total Demand 3,376 3,672 3,905 4,095 4,252 4,387 4,505 4,612 4,709 4,795 4,869
Soybean Oil
Supply 802 875 933 978 1,015 1,045 1,073 1,098 1,122 1,142 1,161
Production 783 852 909 955 993 1,026 1,055 1,081 1,104 1,125 1,143
Beginning stocks 19 22 24 23 21 19 19 18 18 17 18
Utilization 59 61 60 59 57 58 57 58 58 60 60
Consumption 36 37 37 38 38 39 39 40 41 42 42
Ending Stocks 22 24 23 21 19 19 18 18 17 18 17
Net Exports 743 814 872 919 957 987 1,016 1,040 1,064 1,083 1,101
Total Demand 802 875 933 978 1,015 1,045 1,073 1,098 1,122 1,142 1,161
South Korea Soybean Complex Supply & Utilization South Korea Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 85 105 90 76 75 70 71 78 81 80 75
(Metric tons per hectare) (Metric tons per hectare)
Yield 1.64 1.74 1.73 1.50 1.76 1.99 1.48 1.65 1.52 1.93 1.85
(Thousand metric tons) (Thousand metric tons)
Supply 1,459 1,432 1,482 1,430 1,354 1,352 1,369 1,308 1,309 1,486 1,457
Production 139 183 156 114 132 139 105 129 123 154 139
Beginning stocks 80 59 95 84 55 16 25 40 73 61 118
Net imports 1,240 1,190 1,231 1,232 1,167 1,197 1,239 1,139 1,113 1,271 1,200
Utilization 1,459 1,432 1,482 1,430 1,354 1,352 1,369 1,308 1,309 1,486 1,457
Crush 975 905 964 945 918 906 919 815 808 898 900
Other utilization 425 432 434 430 420 421 410 420 440 470 470
Ending Stocks 59 95 84 55 16 25 40 73 61 118 87
Soybean Meal
Supply 2,426 2,725 2,948 2,786 2,702 2,628 2,527 2,374 2,291 2,400 2,508
Production 778 722 769 754 733 723 733 650 643 711 713
Beginning stocks 186 230 309 280 272 243 208 191 109 43 175
Net imports 1,462 1,773 1,870 1,752 1,697 1,662 1,586 1,533 1,539 1,646 1,620
Utilization 2,426 2,725 2,948 2,786 2,702 2,628 2,527 2,374 2,291 2,400 2,508
Consumption 2,196 2,416 2,668 2,514 2,459 2,420 2,336 2,265 2,248 2,225 2,308
Ending Stocks 230 309 280 272 243 208 191 109 43 175 200
Soybean Oil
Supply 425 441 492 508 487 507 498 519 502 489 474
Production 173 161 171 168 163 162 165 146 144 160 160
Beginning stocks 12 19 23 56 64 40 62 55 74 57 49
Net imports 240 261 298 284 260 305 271 318 284 272 265
Utilization 425 441 492 508 487 507 498 519 502 489 474
Consumption 406 418 436 444 447 445 443 445 445 440 445
Ending Stocks 19 23 56 64 40 62 55 74 57 49 29
South Korea Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 70 79 81 80 80 81 82 84 86 88 89
(Metric tons per hectare)
Yield 1.71 1.72 1.74 1.75 1.76 1.77 1.78 1.79 1.80 1.81 1.83
(Thousand metric tons)
Supply 1,507 1,545 1,553 1,555 1,555 1,555 1,554 1,554 1,556 1,558 1,560
Production 120 137 140 140 141 143 147 151 155 159 163
Beginning stocks 87 111 120 123 124 123 121 120 119 119 120
Net imports 1,300 1,297 1,292 1,291 1,290 1,289 1,286 1,284 1,283 1,280 1,278
Utilization 1,534 1,545 1,553 1,555 1,555 1,555 1,554 1,554 1,556 1,558 1,560
Crush 959 956 958 958 959 958 958 958 959 958 958
Other utilization 464 468 471 473 474 475 476 477 478 480 481
Ending Stocks 111 120 123 124 123 121 120 119 119 120 121
Soybean Meal
Supply 2,694 2,740 2,684 2,661 2,635 2,603 2,599 2,602 2,624 2,666 2,735
Production 760 758 759 759 759 759 759 759 760 759 759
Beginning stocks 200 188 179 169 161 154 149 146 145 146 149
Net imports 1,735 1,794 1,745 1,733 1,714 1,690 1,691 1,697 1,720 1,761 1,827
Utilization 2,694 2,740 2,684 2,661 2,635 2,603 2,599 2,602 2,624 2,666 2,735
Consumption 2,506 2,560 2,515 2,501 2,480 2,454 2,453 2,457 2,479 2,517 2,581
Ending Stocks 188 179 169 161 154 149 146 145 146 149 154
Soybean Oil
Supply 499 512 518 524 528 534 537 542 544 550 552
Production 170 170 170 170 170 170 170 170 170 170 170
Beginning stocks 29 45 49 50 49 48 48 47 47 46 46
Net imports 299 297 299 304 308 316 319 324 327 334 336
Utilization 499 512 518 524 528 534 537 542 544 550 552
Consumption 454 463 469 475 480 486 490 495 499 504 507
Ending Stocks 45 49 50 49 48 48 47 47 46 46 44
United States Soybean Complex Supply & Utilization United States Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 29,930 28,834 30,190 25,959 30,222 30,907 31,003 29,856 30,814 30,858 33,423
(Metric tons per hectare) (Metric tons per hectare)
Yield 2.84 2.90 2.88 2.81 2.67 2.96 2.92 2.82 2.69 2.96 3.20
(Thousand metric tons) (Thousand metric tons)
Supply 88,078 90,467 99,230 88,476 86,329 95,231 94,769 90,143 87,401 95,214 109,382
Production 85,019 83,507 87,001 72,859 80,749 91,470 90,663 84,291 82,791 91,389 106,878
Beginning stocks 3,059 6,960 12,229 15,617 5,580 3,761 4,106 5,852 4,610 3,825 2,504
Utilization 58,370 64,980 69,090 57,207 51,873 54,830 54,203 53,396 52,375 52,592 60,117
Crush 46,160 47,324 49,198 49,081 45,230 47,673 44,851 46,348 45,967 47,192 50,975
Other utilization 5,250 5,427 4,275 2,546 2,882 3,051 3,500 2,438 2,583 2,896 3,932
Ending Stocks 6,960 12,229 15,617 5,580 3,761 4,106 5,852 4,610 3,825 2,504 5,210
Net Exports 29,708 25,487 30,140 31,269 34,456 40,401 40,566 36,747 35,026 42,622 49,265
Total Demand 88,078 90,467 99,230 88,476 86,329 95,231 94,769 90,143 87,401 95,214 109,382
Soybean Meal
Supply 37,127 37,572 39,322 38,670 35,739 38,049 35,882 37,535 36,446 37,158 41,106
Production 36,936 37,416 39,037 38,359 35,473 37,836 35,608 37,217 36,174 36,909 40,879
Beginning stocks 191 156 285 311 266 213 274 318 272 249 227
Utilization 30,602 30,399 31,477 30,414 28,111 28,069 27,807 28,886 26,557 27,031 29,479
Consumption 30,446 30,114 31,166 30,148 27,898 27,795 27,489 28,614 26,308 26,804 29,243
Ending Stocks 156 285 311 266 213 274 318 272 249 227 236
Net Exports 6,525 7,173 7,845 8,256 7,628 9,980 8,075 8,649 9,889 10,127 11,627
Total Demand 37,127 37,572 39,322 38,670 35,739 38,049 35,882 37,535 36,446 37,158 41,106
Soybean Oil
Supply 9,270 10,019 10,659 10,734 9,630 10,195 10,113 10,167 10,165 9,881 10,235
Production 8,782 9,248 9,294 9,335 8,503 8,897 8,568 8,954 8,990 9,131 9,706
Beginning stocks 488 771 1,365 1,399 1,127 1,298 1,545 1,213 1,175 750 529
Utilization 8,682 9,512 9,825 9,444 8,676 8,718 8,719 9,571 9,272 9,105 9,441
Consumption 7,911 8,147 8,426 8,317 7,378 7,173 7,506 8,396 8,522 8,576 8,616
Ending Stocks 771 1,365 1,399 1,127 1,298 1,545 1,213 1,175 750 529 825
Net Exports 588 507 834 1,290 954 1,477 1,394 596 893 776 794
Total Demand 9,270 10,019 10,659 10,734 9,630 10,195 10,113 10,167 10,165 9,881 10,235
United States Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 33,358 33,071 33,309 33,510 33,379 33,429 33,526 33,598 33,734 33,726 33,647
(Metric tons per hectare)
Yield 3.25 3.02 3.05 3.07 3.10 3.13 3.16 3.18 3.21 3.24 3.27
(Thousand metric tons)
Supply 113,564 111,900 112,054 112,765 113,212 114,158 115,156 116,184 117,456 118,249 119,159
Production 108,354 99,863 101,576 103,013 103,572 104,673 105,822 106,882 108,237 109,140 109,891
Beginning stocks 5,210 12,038 10,477 9,752 9,640 9,485 9,334 9,302 9,219 9,109 9,268
Utilization 67,397 65,549 64,739 64,832 65,056 65,193 65,623 66,121 66,308 67,075 67,697
Crush 51,454 51,282 51,231 51,421 51,781 52,037 52,460 53,001 53,260 53,813 54,361
Other utilization 3,905 3,790 3,756 3,771 3,790 3,822 3,861 3,901 3,938 3,993 4,038
Ending Stocks 12,038 10,477 9,752 9,640 9,485 9,334 9,302 9,219 9,109 9,268 9,298
Net Exports 46,167 46,351 47,315 47,933 48,156 48,965 49,533 50,063 51,148 51,174 51,462
Total Demand 113,564 111,900 112,054 112,765 113,212 114,158 115,156 116,184 117,456 118,249 119,159
Soybean Meal
Supply 41,072 40,965 40,922 41,065 41,354 41,560 41,898 42,332 42,543 42,987 43,429
Production 40,836 40,699 40,658 40,809 41,095 41,298 41,634 42,063 42,269 42,708 43,143
Beginning stocks 236 266 264 256 260 262 263 269 274 280 286
Utilization 30,377 31,092 30,891 31,255 31,505 31,659 32,093 32,541 33,055 33,561 34,180
Consumption 30,111 30,828 30,636 30,995 31,243 31,395 31,824 32,268 32,775 33,275 33,886
Ending Stocks 266 264 256 260 262 263 269 274 280 286 294
Net Exports 10,695 9,872 10,031 9,810 9,849 9,902 9,805 9,790 9,488 9,426 9,249
Total Demand 41,072 40,965 40,922 41,065 41,354 41,560 41,898 42,332 42,543 42,987 43,429
Soybean Oil
Supply 10,763 10,932 10,924 10,965 11,034 11,073 11,170 11,253 11,277 11,388 11,498
Production 9,938 9,905 9,895 9,932 10,001 10,051 10,133 10,237 10,287 10,394 10,500
Beginning stocks 825 1,028 1,029 1,033 1,033 1,022 1,037 1,016 990 994 998
Utilization 9,793 9,924 9,946 9,814 9,708 9,852 9,871 9,809 9,663 9,632 9,409
Consumption 8,766 8,894 8,912 8,781 8,686 8,815 8,855 8,819 8,669 8,633 8,442
Ending Stocks 1,028 1,029 1,033 1,033 1,022 1,037 1,016 990 994 998 967
Net Exports 970 1,009 979 1,151 1,327 1,220 1,299 1,444 1,614 1,756 2,089
Total Demand 10,764 10,932 10,924 10,965 11,034 11,073 11,170 11,253 11,277 11,388 11,498
Rest of World Soybean Complex Supply & Utilization Rest of World Soybean Complex Supply & Utilization
04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15
Soybeans
(Thousand hectares) (Thousand hectares)
Area Harvested 4,609 5,079 5,476 5,186 5,589 5,906 6,580 7,211 8,031 7,707 9,151
(Metric tons per hectare) (Metric tons per hectare)
Yield 1.51 1.54 1.43 1.32 1.51 1.60 1.66 1.81 1.82 1.88 1.83
(Thousand metric tons) (Thousand metric tons)
Supply 19,546 20,314 21,354 20,346 21,264 23,106 25,287 25,043 25,241 28,574 33,289
Production 6,951 7,816 7,815 6,859 8,415 9,421 10,935 13,066 14,643 14,501 16,772
Beginning stocks 1,081 1,616 1,616 1,817 1,344 1,323 1,864 2,631 1,783 1,606 2,095
Net imports 11,514 10,882 11,923 11,670 11,505 12,362 12,488 9,346 8,815 12,467 14,422
Utilization 19,546 20,314 21,354 20,346 21,264 23,106 25,287 25,043 25,241 28,574 33,289
Crush 12,667 13,107 13,697 13,246 14,117 14,990 16,017 16,261 16,469 18,685 22,090
Other utilization 5,263 5,591 5,840 5,756 5,824 6,252 6,639 6,999 7,166 7,794 8,626
Ending Stocks 1,616 1,616 1,817 1,344 1,323 1,864 2,631 1,783 1,606 2,095 2,573
Soybean Meal
Supply 27,533 30,711 33,533 34,187 34,653 37,625 40,785 42,978 44,535 47,552 52,341
Production 10,068 10,428 10,896 10,557 11,361 12,151 13,045 13,272 13,444 15,175 17,896
Beginning stocks 1,247 983 915 1,502 977 836 1,166 2,207 2,268 2,022 2,109
Net imports 16,218 19,300 21,722 22,128 22,315 24,638 26,574 27,499 28,823 30,355 32,336
Utilization 27,533 30,711 33,533 34,187 34,653 37,625 40,785 42,978 44,535 47,552 52,341
Consumption 26,550 29,796 32,031 33,210 33,817 36,459 38,578 40,710 42,513 45,443 50,106
Ending Stocks 983 915 1,502 977 836 1,166 2,207 2,268 2,022 2,109 2,235
Soybean Oil
Supply 6,804 7,101 7,194 7,824 7,171 6,881 7,915 7,310 7,571 7,866 8,695
Production 2,305 2,404 2,511 2,430 2,614 2,801 2,995 3,046 3,089 3,478 4,110
Beginning stocks 700 753 744 816 1,117 653 445 1,055 666 614 521
Net imports 3,799 3,944 3,939 4,578 3,440 3,427 4,475 3,209 3,816 3,774 4,064
Utilization 6,804 7,101 7,194 7,824 7,171 6,881 7,915 7,310 7,571 7,866 8,695
Consumption 6,051 6,357 6,378 6,707 6,518 6,436 6,860 6,644 6,957 7,345 8,096
Ending Stocks 753 744 816 1,117 653 445 1,055 666 614 521 599
Rest of World Soybean Complex Supply & Utilization
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26
Soybeans
(Thousand hectares)
Area Harvested 9,549 9,783 10,160 10,497 10,749 10,971 11,182 11,402 11,626 11,800 11,960
(Metric tons per hectare)
Yield 1.80 1.82 1.84 1.87 1.89 1.92 1.94 1.97 1.99 2.02 2.05
(Thousand metric tons)
Supply 35,961 35,269 35,987 37,956 38,691 39,515 40,383 41,587 42,749 43,718 45,036
Production 17,161 17,766 18,712 19,599 20,344 21,045 21,734 22,454 23,191 23,839 24,468
Beginning stocks 2,573 2,523 2,392 2,316 2,348 2,395 2,448 2,501 2,558 2,636 2,704
Net imports 16,227 14,979 14,884 16,041 16,000 16,075 16,201 16,632 17,000 17,243 17,864
Utilization 35,961 35,269 35,987 37,956 38,691 39,515 40,383 41,587 42,749 43,718 45,036
Crush 24,096 23,408 23,988 25,713 26,196 26,743 27,335 28,251 29,067 29,711 30,704
Other utilization 9,342 9,469 9,684 9,895 10,101 10,323 10,547 10,779 11,046 11,302 11,564
Ending Stocks 2,523 2,392 2,316 2,348 2,395 2,448 2,501 2,558 2,636 2,704 2,768
Soybean Meal
Supply 56,204 56,162 59,940 62,272 63,687 65,078 66,100 67,361 68,648 69,261 70,231
Production 19,521 18,964 19,434 20,831 21,223 21,666 22,145 22,887 23,549 23,827 24,623
Beginning stocks 2,235 2,685 2,727 2,864 2,972 3,036 3,092 3,150 3,219 3,298 3,353
Net imports 34,448 34,513 37,780 38,577 39,492 40,376 40,862 41,323 41,881 42,136 42,256
Utilization 56,204 56,162 59,940 62,272 63,687 65,078 66,100 67,361 68,648 69,261 70,231
Consumption 53,519 53,435 57,076 59,301 60,651 61,986 62,949 64,142 65,350 65,908 66,792
Ending Stocks 2,685 2,727 2,864 2,972 3,036 3,092 3,150 3,219 3,298 3,353 3,439
Soybean Oil
Supply 9,736 9,779 10,251 10,656 10,917 10,759 10,993 11,019 11,271 11,108 11,511
Production 4,483 4,355 4,463 4,784 4,874 4,976 5,086 5,256 5,408 5,657 5,846
Beginning stocks 599 593 591 593 618 621 631 631 639 642 663
Net imports 4,654 4,831 5,197 5,278 5,426 5,162 5,276 5,132 5,223 4,809 5,001
Utilization 9,736 9,779 10,251 10,656 10,917 10,759 10,993 11,019 11,271 11,108 11,511
Consumption 9,143 9,188 9,658 10,038 10,296 10,128 10,362 10,380 10,629 10,445 10,843
Ending Stocks 593 591 593 618 621 631 631 639 642 663 668