strong processing margins support china’s expanding ... · y j 8 s 08 08 0 9 m 09 a j u 9 9 v-0...

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 01-10 January 2010

Strong Processing Margins Support

China’s Expanding Soybean Import Demand

Comparative Processing Margins for Imported and Domestic Soybeans

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Shanghai (Imported)

Dalian (Domestic)

The processing margins in the Shanghai area which use imported soybeans have been on the rise, presumably optimizing processing operations for meal and oil production. This explains the large purchases of U.S. soybeans that China has made in recent months. By comparison, processing margins using the Dalian Exchange which reflect domestic soybean prices show a significant decline in profitability beginning in mid December, which further encourages imports. As long as processing margins for imported beans are high, China’s soybean imports are expected to remain strong.

PRICES U.S. soybean export bids, FOB Gulf, in the first week in January averaged $415 per ton, continuing a steady increase since September. Strong demand for crush combined with record sales and shipments primarily destined for China, keep prices higher. As of week-ending December 31, 2009, U.S. soybean sales commitments (outstanding sales plus accumulated exports) to China totaled 19.8 million tons, compared to 11.9 million a year ago. Total commitments to the world amounted to 32.3 million tons compared to 20.9 million the same period last year.

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U.S. Gulf Soybean Export Bids

TRADE CHANGES IN 2009/10 • U.S. soybean exports are up 1.0 million tons to a record 37.4 million supported by

record shipments and sales to date primarily to China. • Brazil’s soybean exports are up 0.3 million tons to 24.0 million with prospects of a

record exportable supplies and stronger demand in major importing countries. • Argentina’s soybean exports are cut 0.3 million tons to 9.8 million due largely to

reduced competitiveness. • China’s soybean imports are up 1.0 million tons to 42.0 million as large sales and

shipments continue from the U.S. • EU-27 soybean imports are up 0.3 million tons to 13.0 million supported by prospects

of improved crushing and consequently, soy meal demand.

Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

5.60 Oilseed, Copra 5.27 5.72 5.88 5.88 5.88

43.47 Oilseed, Cottonseed 46.00 45.91 41.26 39.75 39.80

9.97 Oilseed, Palm Kernel 10.18 11.10 11.72 12.02 12.02

33.22 Oilseed, Peanut 30.72 32.39 34.15 30.60 30.81

48.50 Oilseed, Rapeseed 45.09 48.52 58.24 59.39 59.37

220.67 Oilseed, Soybean 237.12 221.14 210.86 250.25 253.38

30.04 Oilseed, Sunflowerseed 29.80 27.02 33.05 30.70 30.35

391.45 Total 404.18 391.79 395.17 428.59 431.60

none

Imports none

0.07 Oilseed, Copra 0.09 0.11 0.10 0.13 0.10



1.94 Oilseed, Peanut 1.98 2.07 2.03 1.92 1.92


64.13 Oilseed, Soybean 69.06 78.13 76.47 77.79 78.91


75.45 Total 80.86 90.00 93.36 91.77 92.80

none

Exports none

0.10 Oilseed, Copra 0.13 0.13 0.11 0.14 0.12



2.25 Oilseed, Peanut 2.43 2.37 2.25 2.11 2.11


63.80 Oilseed, Soybean 71.31 79.52 76.73 79.61 80.61


75.79 Total 83.36 92.57 94.21 94.43 95.38

none

Crush none

5.57 Oilseed, Copra 5.16 5.66 5.81 5.88 5.88



15.41 Oilseed, Peanut 14.05 15.16 15.42 13.80 13.86


185.19 Oilseed, Soybean 195.66 201.87 192.88 202.95 203.87


318.76 Total 328.30 338.77 338.26 349.72 349.87

none

Ending Stocks none

0.05 Oilseed, Copra 0.10 0.11 0.14 0.20 0.09



1.86 Oilseed, Peanut 1.30 1.09 1.56 1.14 1.19


53.21 Oilseed, Soybean 62.89 52.95 42.87 57.09 59.80


64.63 Total 73.20 61.68 55.61 68.97 71.13

Totals may not add due to rounding

Foreign Agricultural Service/USDAOffice of Global Analysis

January 2010

Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

1.81 Meal, Copra 1.68 1.85 1.90 1.94 1.92

14.58 Meal, Cottonseed 15.33 15.65 14.44 14.26 14.18

4.94 Meal, Fish 5.05 5.18 5.13 5.14 5.14

5.25 Meal, Palm Kernel 5.33 5.86 6.20 6.39 6.39

5.98 Meal, Peanut 5.46 5.93 6.02 5.38 5.41

26.57 Meal, Rapeseed 25.95 27.64 30.76 33.02 32.95

145.82 Meal, Soybean 153.94 158.44 151.55 159.92 160.39

11.52 Meal, Sunflowerseed 11.50 10.52 12.59 12.37 12.14

216.46 Total 224.23 231.05 228.59 238.41 238.51

none

Imports none

0.67 Meal, Copra 0.57 0.70 0.55 0.74 0.56

0.48 Meal, Cottonseed 0.44 0.42 0.34 0.35 0.35

2.94 Meal, Fish 2.68 3.01 3.03 2.85 2.85

3.77 Meal, Palm Kernel 3.80 4.19 4.38 4.39 4.39

0.20 Meal, Peanut 0.15 0.14 0.08 0.13 0.13

2.56 Meal, Rapeseed 3.05 3.56 3.54 3.62 3.62

51.16 Meal, Soybean 52.60 54.30 51.39 53.87 53.83


65.08 Total 66.70 69.18 67.42 69.48 69.26

none

Exports none

0.78 Meal, Copra 0.70 0.85 0.53 0.89 0.59

0.45 Meal, Cottonseed 0.41 0.42 0.40 0.32 0.32

2.73 Meal, Fish 2.59 2.84 2.83 2.85 2.85

3.60 Meal, Palm Kernel 3.89 4.37 4.44 4.53 4.53

0.25 Meal, Peanut 0.19 0.14 0.17 0.12 0.12

2.69 Meal, Rapeseed 2.88 3.65 3.45 3.89 3.89

51.78 Meal, Soybean 53.97 55.78 52.10 55.20 55.23


65.81 Total 68.10 71.24 68.14 71.57 71.14

none

Domestic Consumption none

1.69 Meal, Copra 1.53 1.67 1.90 1.79 1.92

14.55 Meal, Cottonseed 15.42 15.71 14.43 14.25 14.16

5.14 Meal, Fish 4.99 5.33 5.34 5.19 5.19

5.32 Meal, Palm Kernel 5.41 5.80 6.11 6.24 6.24

5.93 Meal, Peanut 5.42 5.93 5.93 5.40 5.42

26.33 Meal, Rapeseed 26.48 27.57 30.66 32.77 32.70

145.54 Meal, Soybean 152.25 157.34 152.07 158.56 158.80


215.70 Total 223.00 229.49 228.62 236.44 236.72

none

Ending Stocks none

0.08 Meal, Copra 0.10 0.13 0.15 0.18 0.11

0.27 Meal, Cottonseed 0.22 0.15 0.11 0.16 0.16

0.15 Meal, Fish 0.30 0.32 0.31 0.26 0.26

0.38 Meal, Palm Kernel 0.21 0.09 0.12 0.13 0.13

0.01 Meal, Peanut 0.01 0.01 0.01 0.01 0.01

0.59 Meal, Rapeseed 0.24 0.21 0.42 0.50 0.40

6.23 Meal, Soybean 6.54 6.16 4.93 4.60 5.13


7.99 Total 7.82 7.31 6.57 6.12 6.47



January 2010

Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

3.46 Oil, Coconut 3.22 3.53 3.63 3.63 3.67

4.90 Oil, Cottonseed 5.13 5.22 4.84 4.75 4.72

2.66 Oil, Olive 2.91 2.84 2.97 2.99 2.99

35.83 Oil, Palm 37.23 40.94 42.40 45.13 45.13

4.40 Oil, Palm Kernel 4.48 4.90 5.13 5.31 5.31

4.97 Oil, Peanut 4.51 4.90 4.97 4.45 4.47

17.30 Oil, Rapeseed 17.01 18.31 20.39 21.93 21.88

34.62 Oil, Soybean 36.36 37.54 35.76 37.69 37.72

10.60 Oil, Sunflowerseed 10.61 9.85 11.74 11.45 11.24

118.72 Total 121.45 128.03 131.83 137.33 137.12

none

Imports none

1.99 Oil, Coconut 1.88 1.93 1.61 1.84 1.83

0.07 Oil, Cottonseed 0.08 0.09 0.08 0.08 0.08

0.58 Oil, Olive 0.65 0.59 0.59 0.62 0.62

26.45 Oil, Palm 27.63 30.74 34.07 34.65 34.70

1.69 Oil, Palm Kernel 2.05 2.12 2.42 2.31 2.31

0.16 Oil, Peanut 0.18 0.15 0.16 0.16 0.16

1.48 Oil, Rapeseed 2.20 2.03 2.44 2.31 2.31

9.09 Oil, Soybean 9.92 10.41 8.86 8.95 8.96


44.75 Total 47.98 50.59 54.26 54.68 54.72

none

Exports none

2.08 Oil, Coconut 1.74 1.93 1.51 1.99 1.86

0.18 Oil, Cottonseed 0.19 0.21 0.19 0.17 0.17

0.61 Oil, Olive 0.71 0.65 0.68 0.70 0.70

27.21 Oil, Palm 27.50 32.30 34.23 35.32 35.32

1.87 Oil, Palm Kernel 2.12 2.21 2.18 2.37 2.37

0.20 Oil, Peanut 0.16 0.15 0.19 0.16 0.16

1.67 Oil, Rapeseed 2.00 1.93 2.37 2.61 2.61

9.84 Oil, Soybean 10.57 10.87 9.05 9.48 9.51


47.60 Total 48.94 53.60 54.89 57.04 56.85

none


3.54 Oil, Coconut 3.28 3.46 3.46 3.56 3.71

4.84 Oil, Cottonseed 5.01 5.09 4.79 4.67 4.64

2.72 Oil, Olive 2.88 2.92 2.95 2.96 2.96

34.97 Oil, Palm 37.06 39.42 41.65 44.28 44.33

4.20 Oil, Palm Kernel 4.52 4.75 5.28 5.31 5.31

5.00 Oil, Peanut 4.67 4.86 4.85 4.58 4.59

16.93 Oil, Rapeseed 17.46 18.40 19.92 21.46 21.40

33.57 Oil, Soybean 35.69 37.62 35.72 37.48 37.51


115.58 Total 120.87 125.46 129.43 135.47 135.63

none

Ending Stocks none

0.23 Oil, Coconut 0.30 0.38 0.65 0.45 0.58

0.21 Oil, Cottonseed 0.22 0.24 0.17 0.15 0.15

1.14 Oil, Olive 1.12 0.98 0.91 0.85 0.85

3.87 Oil, Palm 4.17 4.12 4.71 4.89 4.89

0.46 Oil, Palm Kernel 0.36 0.42 0.51 0.45 0.45

0.20 Oil, Peanut 0.06 0.09 0.19 0.06 0.07

0.66 Oil, Rapeseed 0.41 0.43 0.96 1.12 1.14

3.53 Oil, Soybean 3.56 3.03 2.88 2.59 2.54


11.13 Total 10.76 10.31 12.08 11.31 11.44



January 2010

Table 04: Major Oilseeds: World Supply and Distribution (Country View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

95.67 United States 96.84 82.45 89.20 97.86 98.98

59.13 Brazil 62.02 64.18 59.47 65.44 67.44

45.03 Argentina 53.16 51.71 35.69 56.45 56.15

56.80 China 55.23 53.35 57.79 54.27 54.46

30.70 India 29.92 33.95 33.70 32.25 32.25

104.12 Other 107.01 106.15 119.32 122.32 122.32

391.45 Total 404.18 391.79 395.17 428.59 431.60

Imports none

29.00 China 29.70 38.64 44.14 42.17 43.17

15.91 EU-27 17.16 17.03 18.14 15.92 16.22

6.55 Japan 6.55 6.52 5.77 6.40 6.40

5.48 Mexico 5.43 5.29 5.09 5.27 5.24

2.51 Taiwan 2.44 2.16 2.13 2.26 2.26

1.75 Turkey 1.94 2.14 1.68 2.06 1.90

1.38 Indonesia 1.51 1.42 1.43 1.80 1.80

1.52 Thailand 1.58 1.82 1.57 1.76 1.76

1.37 Korea, South 1.41 1.38 1.31 1.34 1.34

0.78 Egypt 1.34 1.08 1.22 1.25 1.25

9.21 Other 11.79 12.54 10.89 11.56 11.48

75.45 Total 80.86 90.00 93.36 91.77 92.80

Exports none

26.61 United States 31.65 33.05 35.80 37.49 38.45

25.98 Brazil 23.54 25.44 30.06 23.83 24.08

7.83 Argentina 10.23 14.40 6.14 10.67 10.37

6.79 Canada 7.26 7.64 10.00 8.29 8.29

2.44 Paraguay 4.40 5.53 2.54 5.02 5.02

0.63 Ukraine 1.24 1.17 3.68 2.45 2.45

1.25 China 1.46 1.34 1.23 1.31 1.31

4.26 Other 3.58 4.00 4.76 5.38 5.43

75.79 Total 83.36 92.57 94.21 94.43 95.38

Crush none

64.97 China 65.28 68.47 72.88 75.67 75.97

51.90 United States 53.48 53.50 49.35 50.10 50.31

34.23 EU-27 36.32 38.05 39.38 40.65 40.99

35.93 Argentina 36.95 39.23 35.74 38.52 38.00

30.01 Brazil 33.48 34.65 33.57 33.99 34.25

25.10 India 24.62 27.56 26.44 26.76 26.46

6.51 Russia 7.16 6.71 8.30 8.45 8.45

5.58 Indonesia 5.74 6.20 6.73 6.93 6.92

4.98 Ukraine 5.39 4.69 6.96 6.38 6.38

4.92 Canada 5.10 5.53 5.57 6.08 6.08

5.85 Mexico 5.70 5.64 5.51 5.63 5.57

5.10 Pakistan 5.16 4.78 4.94 5.26 5.26

4.72 Malaysia 4.40 4.97 4.95 5.16 5.16

5.12 Japan 5.17 5.17 4.73 4.97 4.97

2.57 Philippines 2.32 2.70 2.63 2.77 2.76

31.27 Other 32.04 30.94 30.60 32.42 32.36

318.76 Total 328.30 338.77 338.26 349.72 349.87

Ending Stocks none

17.71 Argentina 24.06 23.52 17.25 23.63 23.59

16.67 Brazil 18.32 19.07 11.74 16.33 17.82

4.57 China 2.70 4.25 10.40 10.29 10.99

14.20 United States 17.02 6.91 5.62 8.29 8.02

3.10 EU-27 3.22 2.06 3.46 3.32 3.44

8.37 Other 7.88 5.87 7.14 7.11 7.26

64.63 Total 73.20 61.68 55.61 68.97 71.13

Major Oilseeds includes Copra, Cottonseed, Palm Kernel, Peanut, Rapeseed, Soybeans and Sunflowerseeds.


January 2010

Table 05: Major Protein Meals: World Supply and Distribution (Country View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

43.18 China 43.55 46.09 49.00 51.59 51.83

39.94 United States 41.49 40.90 37.78 38.90 38.90

26.77 Argentina 27.53 29.05 26.59 28.90 28.67

22.85 EU-27 24.29 25.35 25.67 26.27 26.54

22.76 Brazil 25.26 26.12 25.38 25.72 25.92

60.96 Other 62.12 63.54 64.17 67.03 66.65

216.46 Total 224.23 231.05 228.59 238.41 238.51

Imports none

28.30 EU-27 27.02 28.55 26.89 27.40 27.40

2.91 Korea, South 3.15 3.32 3.17 3.27 3.15

2.24 Indonesia 2.41 2.63 2.65 2.80 2.80

1.93 Vietnam 2.63 2.69 2.55 2.83 2.77

2.43 Thailand 2.64 2.28 2.58 2.62 2.62

2.07 Japan 2.17 2.11 2.25 2.09 2.09

1.66 United States 1.70 1.98 1.85 2.09 2.09

23.56 Other 24.98 25.63 25.48 26.39 26.35

65.08 Total 66.70 69.18 67.42 69.48 69.26

Exports none

25.22 Argentina 26.42 27.89 24.81 27.56 27.42

12.91 Brazil 12.72 12.14 13.00 12.15 12.35

7.61 United States 8.26 8.71 7.95 9.01 9.29

4.69 India 4.46 6.04 3.96 4.58 4.08

1.99 Indonesia 2.10 2.31 2.39 2.57 2.48

1.63 Canada 1.63 1.99 1.96 2.23 2.23

1.82 Malaysia 2.02 2.27 2.18 2.21 2.21

9.94 Other 10.51 9.91 11.90 11.25 11.08

65.81 Total 68.10 71.24 68.14 71.57 71.14


49.98 EU-27 50.45 52.90 52.25 53.06 53.18

44.81 China 43.95 47.26 49.52 52.57 52.76

33.84 United States 34.90 34.22 31.76 31.89 31.61

10.15 Brazil 12.27 13.50 13.39 13.67 13.67

9.83 India 10.02 10.15 10.64 11.19 11.31

5.91 Japan 5.99 5.97 5.76 5.79 5.79

6.04 Mexico 6.04 5.51 5.49 5.62 5.60

4.05 Thailand 4.25 4.10 4.33 4.42 4.42

3.60 Korea, South 3.99 4.04 4.01 4.02 3.95

2.88 Indonesia 3.04 3.25 3.41 3.55 3.64

44.63 Other 48.10 48.59 48.05 50.67 50.79

215.70 Total 223.00 229.49 228.62 236.44 236.72

SME none

42.56 China 41.78 45.36 47.32 50.19 50.38

45.79 EU-27 46.43 48.51 47.40 47.98 48.10

33.14 United States 34.22 33.45 31.03 31.12 30.86

10.00 Brazil 12.06 13.27 13.21 13.49 13.49

8.48 India 8.64 8.97 9.36 9.69 9.82

5.83 Japan 5.89 5.86 5.62 5.65 5.65

5.71 Mexico 5.74 5.16 5.13 5.27 5.25

51.88 Other 55.59 55.87 55.43 58.20 58.28

203.39 Total 210.36 216.45 214.49 221.58 221.82

Ending Stocks none

1.48 Brazil 1.93 2.60 1.69 1.75 1.75

1.78 Argentina 1.56 1.30 1.67 1.13 1.49

1.11 EU-27 1.07 1.25 0.72 0.68 0.72

0.81 India 0.45 0.12 0.68 0.62 0.64

0.36 United States 0.39 0.33 0.25 0.33 0.33

2.45 Other 2.41 1.71 1.57 1.61 1.55

7.99 Total 7.82 7.31 6.57 6.12 6.47

Major Protien Meals include Copra, Cottonseed, Fish, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflower Meal.


January 2010

Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)

Million Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

18.25 Indonesia 19.37 20.98 22.73 24.02 24.05

17.50 Malaysia 17.20 19.73 19.41 20.74 20.74

14.76 China 14.27 14.69 16.02 16.57 16.62

12.80 EU-27 13.66 14.28 15.41 16.03 16.11

10.38 United States 10.41 10.53 9.65 9.83 9.73

7.63 Argentina 7.71 8.48 7.65 8.10 7.89

6.85 India 6.43 7.01 6.80 6.87 6.81

30.55 Other 32.42 32.34 34.17 35.17 35.18

118.72 Total 121.45 128.03 131.83 137.33 137.12

Imports none

6.96 China 8.50 8.76 9.77 9.60 9.60

8.21 EU-27 9.11 8.65 8.72 8.42 8.42

4.86 India 5.44 5.92 8.79 8.23 8.28

2.38 United States 2.53 3.11 3.23 3.40 3.40

1.72 Pakistan 2.25 2.28 2.24 2.28 2.28

1.23 Egypt 1.20 1.27 1.54 1.55 1.55

1.23 Malaysia 0.85 1.16 1.36 1.36 1.36

1.18 Iran 1.21 1.28 1.10 1.26 1.26

1.12 Bangladesh 1.23 1.13 1.00 1.11 1.10

1.25 Turkey 0.61 0.84 0.82 0.96 0.95

14.61 Other 15.07 16.20 15.69 16.53 16.54

44.75 Total 47.98 50.59 54.26 54.68 54.72

Exports none

13.47 Indonesia 13.39 16.07 16.52 17.81 17.84

13.71 Malaysia 13.73 15.44 16.81 16.64 16.62

6.89 Argentina 6.87 7.05 5.76 6.23 6.15

1.61 Ukraine 1.89 1.35 2.16 2.05 2.05

0.90 United States 1.33 1.68 1.46 1.84 1.84

1.12 Canada 1.30 1.36 1.57 1.72 1.72

2.55 Brazil 2.50 2.44 1.96 1.55 1.57

7.34 Other 7.94 8.22 8.66 9.19 9.05

47.60 Total 48.94 53.60 54.89 57.04 56.85


21.51 China 22.56 23.34 24.65 26.03 26.09

20.13 EU-27 21.70 22.06 22.58 23.24 23.24

12.11 India 11.91 12.97 14.72 15.37 15.36

11.19 United States 11.66 12.23 11.21 11.64 11.61

5.24 Indonesia 5.35 5.47 6.07 6.20 6.27

3.67 Brazil 4.15 4.73 5.06 5.47 5.49

4.55 Malaysia 4.87 4.92 4.66 5.21 5.23

2.81 Pakistan 3.44 3.40 3.39 3.49 3.49

2.71 Russia 2.82 3.12 3.05 3.07 3.07

2.19 Japan 2.19 2.23 2.13 2.21 2.21

2.01 Mexico 2.01 2.02 2.08 2.05 2.05

0.80 Argentina 1.00 1.40 1.83 1.96 1.98

1.64 Nigeria 1.73 1.76 1.76 1.79 1.79

1.38 Egypt 1.51 1.50 1.64 1.78 1.78

1.78 Turkey 1.73 1.71 1.66 1.75 1.69

21.88 Other 22.25 22.59 22.95 24.19 24.27

115.58 Total 120.87 125.46 129.43 135.47 135.63

Ending Stocks none

1.95 EU-27 1.97 1.69 1.97 2.08 2.16

2.26 Malaysia 1.71 2.24 1.55 1.80 1.80

1.80 United States 1.74 1.46 1.68 1.42 1.35

0.20 China 0.25 0.23 1.26 1.26 1.26

0.72 Indonesia 1.41 0.90 1.07 1.04 1.05

4.20 Other 3.67 3.80 4.55 3.71 3.83

11.13 Total 10.76 10.31 12.08 11.31 11.44

Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.


January 2010

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

83,507 United States 87,001 72,859 80,749 90,336 91,472

57,000 Brazil 59,000 61,000 57,000 63,000 65,000

40,500 Argentina 48,800 46,200 32,000 53,000 53,000

16,350 China 15,967 14,000 15,500 14,500 14,500

7,000 India 7,690 9,470 9,100 8,800 8,800

3,640 Paraguay 5,856 6,900 3,900 6,700 6,700

3,161 Canada 3,466 2,696 3,336 3,500 3,500

9,512 Other 9,337 8,016 9,278 10,418 10,408

220,670 Total 237,117 221,141 210,863 250,254 253,380

Imports none

28,317 China 28,726 37,816 41,098 41,000 42,000

13,937 EU-27 15,291 15,123 13,300 12,700 13,000

3,962 Japan 4,094 4,014 3,396 3,950 3,950

3,667 Mexico 3,844 3,584 3,327 3,535 3,500

2,498 Taiwan 2,436 2,149 2,120 2,250 2,250

1,473 Thailand 1,532 1,753 1,510 1,705 1,705

1,187 Indonesia 1,309 1,147 1,200 1,600 1,600

1,078 Turkey 1,268 1,277 1,005 1,280 1,280

776 Egypt 1,328 1,061 1,200 1,230 1,230

1,190 Korea, South 1,231 1,232 1,167 1,200 1,200

6,044 Other 8,003 8,976 7,145 7,340 7,190

64,129 Total 69,062 78,132 76,468 77,790 78,905

Exports none

25,579 United States 30,386 31,538 34,925 36,469 37,421

25,911 Brazil 23,485 25,364 29,986 23,750 24,000

7,249 Argentina 9,559 13,837 5,588 10,150 9,850

2,380 Paraguay 4,361 5,400 2,400 4,900 4,900

1,326 Canada 1,683 1,753 2,017 2,000 2,000

1,359 Other 1,836 1,627 1,817 2,340 2,440

63,804 Total 71,310 79,519 76,733 79,609 80,611

Crush none

47,324 United States 49,198 49,081 45,232 46,130 46,539

34,500 China 35,970 39,518 41,035 44,480 44,780

31,888 Argentina 33,586 34,607 31,911 35,000 35,000

28,285 Brazil 31,109 32,114 31,400 31,840 32,100

13,670 EU-27 14,670 14,870 12,830 12,300 12,600

5,990 India 6,615 8,170 7,500 7,900 7,600

3,823 Mexico 3,900 3,620 3,465 3,615 3,560

2,820 Japan 2,925 2,890 2,496 2,750 2,750

2,190 Taiwan 2,161 1,965 1,850 1,970 1,970

675 Russia 805 1,051 1,497 1,810 1,810

1,843 Bolivia 1,670 1,160 1,400 1,700 1,700

1,181 Paraguay 1,355 1,400 1,500 1,550 1,550

1,413 Thailand 1,406 1,514 1,425 1,497 1,497

1,497 Canada 1,524 1,383 1,286 1,375 1,375

1,254 Iran 1,000 1,235 850 1,280 1,280

6,835 Other 7,765 7,296 7,207 7,754 7,754

185,188 Total 195,659 201,874 192,884 202,951 203,865

Ending Stocks none

16,473 Argentina 22,606 21,760 16,186 22,550 22,858

16,641 Brazil 18,190 18,902 11,666 16,276 17,766

4,573 China 2,700 4,245 9,008 8,998 9,698

12,229 United States 15,617 5,580 3,761 6,946 6,666

733 EU-27 1,118 814 675 587 787

2,558 Other 2,654 1,644 1,576 1,736 2,023

53,207 Total 62,885 52,945 42,872 57,093 59,798

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.


January 2010

Table 08: Soybean Meal: World Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

37,416 United States 39,037 38,360 35,475 36,583 36,673

27,296 China 28,465 31,280 32,475 35,201 35,439

25,012 Argentina 26,061 27,070 24,954 27,370 27,370

21,920 Brazil 24,110 24,890 24,330 24,680 24,880

10,760 EU-27 11,550 11,715 10,107 9,690 9,926

4,782 India 5,280 6,521 5,985 6,306 6,065

3,015 Mexico 3,075 2,814 2,727 2,850 2,800

15,615 Other 16,362 15,786 15,501 17,236 17,236

145,816 Total 153,940 158,436 151,554 159,916 160,389

Imports none

22,829 EU-27 22,213 24,074 21,500 22,800 22,800

2,071 Indonesia 2,237 2,429 2,450 2,600 2,600

1,722 Vietnam 2,373 2,439 2,300 2,500 2,500

2,042 Thailand 2,275 1,935 2,160 2,208 2,208

1,773 Korea, South 1,870 1,760 1,813 1,850 1,850

1,601 Japan 1,737 1,747 1,812 1,700 1,700

1,728 Mexico 1,780 1,382 1,497 1,485 1,450

1,374 Philippines 1,357 1,213 1,315 1,450 1,450

1,342 Canada 1,415 1,511 1,275 1,345 1,345

826 Venezuela 860 1,063 1,050 1,100 1,100

13,852 Other 14,481 14,751 14,215 14,829 14,829

51,160 Total 52,598 54,304 51,387 53,867 53,832

Exports none

24,222 Argentina 25,625 26,816 23,998 26,720 26,720

12,895 Brazil 12,715 12,138 13,000 12,150 12,350

7,301 United States 7,987 8,384 7,718 8,709 8,981

3,679 India 3,461 4,790 3,158 3,700 3,200

1,344 Bolivia 1,341 851 1,040 1,275 1,275

2,340 Other 2,844 2,796 3,190 2,650 2,699

51,781 Total 53,973 55,775 52,104 55,204 55,225


27,776 China 27,630 30,849 31,673 34,721 34,909

32,875 EU-27 33,228 35,169 31,930 32,200 32,300

30,114 United States 31,166 30,148 27,891 27,942 27,760

9,328 Brazil 11,118 12,257 12,340 12,630 12,630

4,751 Mexico 4,871 4,220 4,170 4,316 4,300

3,846 Japan 3,992 4,007 3,769 3,848 3,848

3,183 Thailand 3,348 3,229 3,275 3,373 3,373

1,525 India 1,852 2,056 2,483 2,748 2,890

2,085 Indonesia 2,236 2,420 2,444 2,600 2,600

2,381 Korea, South 2,661 2,515 2,552 2,549 2,549

1,722 Vietnam 2,373 2,439 2,300 2,500 2,500

2,392 Canada 2,476 2,485 2,205 2,300 2,300

1,504 Iran 1,612 1,873 1,546 1,938 1,938

1,140 Russia 1,444 1,560 1,647 1,754 1,754

1,800 Taiwan 1,750 1,555 1,569 1,644 1,644

19,119 Other 20,493 20,561 20,274 21,500 21,500

145,541 Total 152,250 157,343 152,068 158,563 158,795

Ending Stocks none

1,469 Brazil 1,913 2,588 1,683 1,735 1,735

1,647 Argentina 1,504 1,138 1,464 1,065 1,441

459 India 429 106 452 312 429

872 EU-27 859 1,065 292 362 398

285 United States 311 267 213 272 272

1,494 Other 1,525 999 828 855 858

6,226 Total 6,541 6,163 4,932 4,601 5,133

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.


January 2010

Table 09: Soybean Oil: World Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

9,248 United States 9,294 9,335 8,503 8,727 8,657

6,149 China 6,410 7,045 7,314 7,928 7,982

5,998 Argentina 6,424 6,627 6,124 6,717 6,717

5,430 Brazil 5,970 6,160 6,020 6,110 6,160

2,460 EU-27 2,640 2,667 2,308 2,214 2,268

1,070 India 1,180 1,458 1,340 1,412 1,362

670 Mexico 685 636 609 636 626

3,590 Other 3,756 3,615 3,541 3,947 3,947

34,615 Total 36,359 37,543 35,759 37,691 37,719

Imports none

1,516 China 2,404 2,727 2,494 2,400 2,400

1,727 India 1,447 733 1,060 890 890

717 EU-27 991 1,040 820 600 600

372 Morocco 360 421 280 360 360

310 Algeria 295 366 325 350 350

240 Egypt 124 482 315 350 350

600 Iran 606 545 270 350 350

285 Venezuela 351 363 320 340 340

262 Bangladesh 327 406 253 300 300

265 Korea, South 302 296 266 300 300

2,797 Other 2,715 3,032 2,458 2,706 2,716

9,091 Total 9,922 10,411 8,861 8,946 8,956

Exports none

5,597 Argentina 5,970 5,786 4,707 5,220 5,220

2,466 Brazil 2,462 2,388 1,910 1,500 1,525

523 United States 851 1,320 995 1,474 1,474

195 Paraguay 258 299 243 250 250

243 Bolivia 231 141 185 229 229

269 EU-27 243 333 400 190 190

1 Russia 5 10 127 110 110

550 Other 545 590 484 511 511

9,844 Total 10,565 10,867 9,051 9,484 9,509


7,607 China 8,670 9,693 9,486 10,266 10,320

8,147 United States 8,426 8,317 7,432 7,484 7,485

3,113 Brazil 3,395 3,920 4,274 4,680 4,705

2,915 EU-27 3,368 3,377 2,805 2,630 2,630

2,933 India 2,600 2,300 2,330 2,293 2,243

397 Argentina 569 997 1,405 1,540 1,540

792 Mexico 820 839 800 815 815

345 Egypt 379 659 535 564 564

573 Japan 577 573 512 545 545

775 Iran 725 685 388 529 529

418 Korea, South 436 444 447 445 445

444 Morocco 446 472 349 424 424

295 Venezuela 355 378 340 360 360

310 Algeria 295 366 325 350 350

396 Taiwan 395 382 347 350 350

4,107 Other 4,236 4,214 3,942 4,202 4,200

33,567 Total 35,692 37,616 35,717 37,477 37,505

Ending Stocks none

1,365 United States 1,399 1,127 1,244 1,047 976

200 China 250 227 466 428 428

393 Brazil 510 429 270 250 250

232 India 250 132 193 193 193

490 Argentina 375 219 231 222 188

851 Other 771 892 474 450 504

3,531 Total 3,555 3,026 2,878 2,590 2,539

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.


January 2010

Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2009/102008/092007/082009/102008/092007/082009/102008/092007/08

Exports

North America 8 6 9,112 2 1 1,516 0 0 39,421

Canada (Aug-Jul) 120 85 124 50 38 40 1,753 2,017 2,000

United States (Sep-Aug) 8,384 7,718 8,981 1,320 995 1,474 31,538 34,925 37,421

South America 14,106 2,207 41,409 2,847 2,360 7,243 45,480 5,588 40,062

Argentina (Oct-Sep) 26,816 23,998 26,720 5,786 4,707 5,220 13,837 5,588 9,850

Brazil (Oct-Sep) 12,138 13,000 12,350 2,388 1,910 1,525 25,364 29,986 24,000

Paraguay (Mar-Feb) 1,117 1,167 1,064 299 243 250 5,400 2,400 4,900

South Asia 1 1 3,201 9 9 9 5 5 5

India (Oct-Sep) 4,790 3,158 3,200 9 9 9 5 5 5

Other 41,660 49,890 1,503 8,009 6,681 741 34,034 71,140 1,123

World Total 55,775 52,104 55,225 10,867 9,051 9,509 79,519 76,733 80,611

Imports

European Union 0 0 22,800 0 0 600 0 0 13,000

East Asia 203 215 3,852 457 416 2,865 7,437 6,726 49,445

China (Oct-Sep) 203 215 200 2,727 2,494 2,400 37,816 41,098 42,000

Japan (Oct-Sep) 1,747 1,812 1,700 42 39 50 4,014 3,396 3,950

Korea, South (Oct-Sep) 1,760 1,813 1,850 296 266 300 1,232 1,167 1,200

Taiwan (Oct-Sep) 22 120 100 40 10 12 2,149 2,120 2,250

Southeast Asia 8,960 9,146 9,730 274 246 272 3,595 3,395 4,208

Indonesia (Oct-Sep) 2,429 2,450 2,600 21 15 22 1,147 1,200 1,600

Malaysia (Oct-Sep) 924 900 950 123 110 107 504 475 558

Philippines (Jan-Dec) 1,213 1,315 1,450 3 4 5 41 50 125

Thailand (Sep-Aug) 1,935 2,160 2,208 1 1 1 1,753 1,510 1,705

Vietnam (Jan-Dec) 2,439 2,300 2,500 91 80 100 130 140 200

North America 1,382 1,355 2,922 110 86 288 578 747 4,094

Canada (Aug-Jul) 1,511 1,275 1,345 80 45 59 309 386 376

Mexico (Sep-Aug) 1,382 1,497 1,450 236 159 195 3,584 3,327 3,500

South America 3 109 4,384 0 0 1,011 3,757 575 976

Brazil (Oct-Sep) 180 105 152 67 5 50 150 50 150

Colombia (Oct-Sep) 882 865 875 184 170 185 265 230 263

Central America 884 904 926 180 163 173 232 207 237

Caribbean 790 795 833 274 270 261 0 145 175

Middle East 25 399 3,051 703 10 523 3,312 1,005 3,450

Iran (Oct-Sep) 891 870 920 545 270 350 1,036 650 1,070

Israel (Oct-Sep) 63 100 100 14 11 14 481 400 450

Syria (Jan-Dec) 404 400 415 29 25 15 361 410 425

Turkey (Nov-Oct) 356 399 400 27 10 20 1,277 1,005 1,280

North Africa 1,598 1,565 1,650 1,506 1,065 1,190 1,470 1,575 1,655

Egypt (Oct-Sep) 135 125 200 482 315 350 1,061 1,200 1,230

Other 40,459 36,899 3,684 6,907 6,605 1,773 57,751 62,093 1,665

World Total 54,304 51,387 53,832 10,411 8,861 8,956 78,132 76,468 78,905


January 2010

Table 11: Palm Oil: World Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

Production none

15,560 Indonesia 16,600 18,000 19,500 20,750 20,750

15,485 Malaysia 15,290 17,567 17,259 18,500 18,500

784 Thailand 1,170 1,050 1,200 1,300 1,300

800 Nigeria 810 820 820 820 820

690 Colombia 770 830 750 780 780

2,509 Other 2,593 2,669 2,873 2,982 2,982

35,828 Total 37,233 40,936 42,402 45,132 45,132

Imports none

2,899 India 3,650 5,015 6,867 6,600 6,650

4,975 China 5,139 5,223 6,118 6,300 6,300

4,272 EU-27 4,407 4,694 4,900 4,800 4,800

1,703 Pakistan 2,218 2,219 2,200 2,250 2,250

596 United States 702 952 1,036 1,088 1,088

847 Bangladesh 898 724 748 800 800

754 Egypt 767 571 850 800 800

485 Iran 388 708 570 750 750

746 Malaysia 300 462 700 700 700

494 Japan 516 551 531 570 570

8,679 Other 8,640 9,618 9,545 9,996 9,996

26,450 Total 27,625 30,737 34,065 34,654 34,704

Exports none

12,931 Malaysia 12,900 14,644 16,000 15,800 15,800

11,696 Indonesia 11,419 13,969 14,650 15,680 15,680

160 Benin 198 450 475 500 500

327 Papua New Guinea 357 389 396 419 419

315 United Arab Emirates 358 350 350 350 350

1,776 Other 2,271 2,495 2,356 2,574 2,574

27,205 Total 27,503 32,297 34,227 35,323 35,323


3,124 India 3,671 5,065 6,475 6,750 6,800

4,974 China 5,138 5,222 5,618 6,330 6,330

4,255 Indonesia 4,542 4,664 4,875 5,005 5,005

4,151 EU-27 4,256 4,392 4,553 4,648 4,648

2,926 Malaysia 3,109 2,886 2,620 3,140 3,140

1,708 Pakistan 2,218 2,219 2,200 2,250 2,250

1,085 Nigeria 1,155 1,190 1,190 1,205 1,205

564 United States 663 948 959 1,082 1,082

671 Thailand 694 747 890 960 960

806 Bangladesh 880 790 745 800 800

754 Egypt 767 571 725 800 800

483 Iran 386 657 619 749 749

492 Colombia 483 531 563 575 575

499 Japan 521 551 531 565 565

535 Russia 528 705 585 560 560

7,947 Other 8,050 8,284 8,502 8,861 8,861

34,974 Total 37,061 39,422 41,650 44,280 44,330

Ending Stocks none

1,881 Malaysia 1,462 1,961 1,300 1,560 1,560

702 Indonesia 1,363 750 745 830 830

220 EU-27 204 368 555 527 527

0 China 0 0 499 468 468

20 India 47 47 489 389 389

1,048 Other 1,089 993 1,121 1,118 1,118

3,871 Total 4,165 4,119 4,709 4,892 4,892


January 2010

Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2009/102008/092007/082009/102008/092007/082009/102008/092007/08

Production

China (Oct-Sep) 6,856 8,325 8,739 3,870 4,700 4,935 10,573 12,100 13,200

India (Oct-Sep) 3,120 3,260 3,709 1,968 2,058 2,341 5,450 7,000 6,600

Canada (Aug-Jul) 2,440 2,490 2,700 1,675 1,780 2,000 9,601 12,643 11,800

Japan (Oct-Sep) 1,275 1,249 1,238 902 884 876 1 1 1

EU-27 (Jul-Jun) 10,500 11,687 12,579 7,575 8,431 9,068 18,358 19,043 21,325

Other 3,446 3,753 3,981 2,322 2,533 2,660 4,533 7,455 6,446

World Total 27,637 30,764 32,946 18,312 20,386 21,880 48,516 58,242 59,372

Imports

China (Oct-Sep) 302 260 200 277 453 250 805 3,034 1,150

India (Oct-Sep) 0 0 0 0 42 23 25 20 20

Canada (Aug-Jul) 5 6 5 36 111 60 179 121 230

Japan (Oct-Sep) 29 114 80 17 20 40 2,257 2,123 2,200

EU-27 (Jul-Jun) 109 161 150 296 454 400 687 3,342 1,900

Other 3,111 3,003 3,188 1,403 1,356 1,535 3,609 3,618 3,923

World Total 3,556 3,544 3,623 2,029 2,436 2,308 7,562 12,258 9,423

Exports

China (Oct-Sep) 89 268 90 8 9 10 0 0 0

India (Oct-Sep) 1,143 699 800 1 1 1 4 4 5

Canada (Aug-Jul) 1,857 1,861 2,100 1,307 1,527 1,680 5,775 7,898 6,200

Japan (Oct-Sep) 19 5 0 0 0 0 0 0 0

EU-27 (Jul-Jun) 182 162 200 137 141 150 396 98 350

Other 355 453 698 474 694 767 2,020 4,402 3,530

World Total 3,645 3,448 3,888 1,927 2,372 2,608 8,195 12,402 10,085

Domestic Consumption

China (Oct-Sep) 7,069 8,317 8,849 4,139 4,853 5,102 11,378 13,740 14,450

India (Oct-Sep) 1,990 2,350 2,920 1,967 2,055 2,352 5,866 6,140 6,961

Canada (Aug-Jul) 593 630 600 362 355 360 4,352 4,667 5,150

Japan (Oct-Sep) 1,307 1,354 1,320 926 919 919 2,250 2,205 2,185

EU-27 (Jul-Jun) 10,413 11,692 12,529 7,774 8,539 9,205 19,129 21,274 22,900

Other 6,197 6,313 6,481 3,230 3,199 3,462 6,021 6,569 7,037

World Total 27,569 30,656 32,699 18,398 19,920 21,400 48,996 54,595 58,683

Ending Stocks

China (Oct-Sep) 0 0 0 0 291 364 0 1,394 1,294

India (Oct-Sep) 12 223 212 0 44 55 100 976 630

Canada (Aug-Jul) 16 21 26 49 58 78 1,462 1,661 2,341

Japan (Oct-Sep) 12 16 14 31 16 13 140 59 75

EU-27 (Jul-Jun) 101 95 95 171 376 489 961 1,974 1,949

Other 73 63 53 178 174 140 884 986 788

World Total 214 418 400 429 959 1,139 3,547 7,050 7,077

1/12/2010 8:50:40 AM


January 2010

Table 13: Sunflowerseed and Products World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2009/102008/092007/082009/102008/092007/082009/102008/092007/08

Production

Argentina (Mar-Feb) 4,650 2,900 2,300 1,785 1,470 1,100 1,750 1,440 1,075

Russia (Sep-Aug) 5,650 7,350 6,400 1,917 2,306 2,218 2,130 2,565 2,466

Turkey (Sep-Aug) 700 830 850 483 452 498 544 509 558

Ukraine (Sep-Aug) 4,200 7,000 6,100 1,700 2,594 2,351 1,726 2,632 2,386

EU-27 (Oct-Sep) 4,799 6,962 6,840 2,440 3,210 3,357 1,773 2,335 2,443

Other 7,025 8,010 7,859 2,190 2,561 2,619 1,924 2,259 2,311

World Total 27,024 33,052 30,349 10,515 12,593 12,143 9,847 11,740 11,239

Imports

Argentina (Mar-Feb) 109 115 170 0 0 0 0 0 0

Russia (Sep-Aug) 11 12 10 15 0 15 144 37 50

Turkey (Sep-Aug) 533 440 450 222 309 400 326 432 435

Ukraine (Sep-Aug) 8 8 5 0 0 0 1 0 0

EU-27 (Oct-Sep) 300 590 450 1,548 2,350 1,600 1,063 1,050 1,020

Other 280 697 606 1,075 1,454 1,508 1,007 2,522 2,262

World Total 1,241 1,862 1,691 2,860 4,113 3,523 2,541 4,041 3,767

Exports

Argentina (Mar-Feb) 50 65 55 1,061 800 686 1,219 1,000 880

Russia (Sep-Aug) 37 160 150 666 965 870 322 802 640

Turkey (Sep-Aug) 8 13 5 0 0 0 54 131 150

Ukraine (Sep-Aug) 75 767 400 1,273 2,209 1,800 1,325 2,098 2,000

EU-27 (Oct-Sep) 500 300 400 49 80 80 109 130 150

Other 738 772 667 154 160 194 335 326 323

World Total 1,408 2,077 1,677 3,203 4,214 3,630 3,364 4,487 4,143


Argentina (Mar-Feb) 4,360 3,610 2,710 619 630 570 362 378 387

Russia (Sep-Aug) 5,648 6,917 6,590 1,301 1,329 1,364 1,885 1,918 1,910

Turkey (Sep-Aug) 1,277 1,216 1,317 705 761 898 770 794 833

Ukraine (Sep-Aug) 4,133 6,287 5,704 427 386 550 373 365 435

EU-27 (Oct-Sep) 4,990 6,729 7,000 3,962 5,239 4,982 2,901 3,195 3,221

Other 6,632 7,686 7,936 3,125 3,853 3,937 2,655 4,175 4,403

World Total 27,040 32,445 31,257 10,139 12,198 12,301 8,946 10,825 11,189

Ending Stocks

Argentina (Mar-Feb) 1,665 1,005 710 156 196 40 205 267 75

Russia (Sep-Aug) 290 575 245 4 16 15 177 59 25

Turkey (Sep-Aug) 47 88 66 0 0 0 86 102 112

Ukraine (Sep-Aug) 75 29 30 5 4 5 42 211 162

EU-27 (Oct-Sep) 239 762 652 64 305 200 80 140 232

Other 248 497 359 13 15 11 48 328 175

World Total 2,564 2,956 2,062 242 536 271 638 1,107 781


January 2010

Table 14: Minor Vegetable Oil Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2009/102008/092007/082009/102008/092007/082009/102008/092007/08

Production

China (Oct-Sep) 2,020 2,174 1,960 1,625 1,600 1,508 nr nr nr

India (Oct-Sep) 1,675 1,545 1,255 1,062 1,030 1,032 nr nr nr

Turkey (Nov-Oct) 4 4 4 166 116 101 170 175 175

United States (Aug-Jul) 72 65 66 389 301 279 2 1 1

EU-27 (Oct-Sep) 16 16 16 60 47 50 2,170 2,250 2,250

Other 1,109 1,169 1,168 1,916 1,741 1,750 497 542 562

World Total 4,896 4,973 4,469 5,218 4,835 4,720 2,839 2,968 2,988

Imports

China (Oct-Sep) 6 20 6 0 0 0 nr nr nr

India (Oct-Sep) 0 0 0 0 5 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 4 4 4 0 0 0


EU-27 (Oct-Sep) 90 96 96 3 5 3 163 150 170

Other 21 21 22 78 61 68 160 166 166

World Total 151 161 158 85 75 75 587 592 617

Exports



Turkey (Nov-Oct) 0 0 0 1 1 1 19 42 55


EU-27 (Oct-Sep) 2 2 2 1 1 1 413 413 403

Other 105 148 126 114 96 81 214 220 242

World Total 153 194 163 205 190 170 650 678 703


China (Oct-Sep) 2,016 2,184 1,956 1,621 1,595 1,505 nr nr nr

India (Oct-Sep) 1,612 1,425 1,360 1,054 1,038 1,029 nr nr nr

Turkey (Nov-Oct) 4 4 4 160 143 95 110 120 120


EU-27 (Oct-Sep) 108 110 110 63 50 52 2,060 2,060 2,070

Other 1,025 1,037 1,060 1,905 1,737 1,750 486 492 495

World Total 4,864 4,845 4,585 5,086 4,788 4,642 2,918 2,946 2,964

Ending Stocks



Turkey (Nov-Oct) 0 0 0 24 0 9 87 100 100


EU-27 (Oct-Sep) 5 5 5 2 3 3 803 730 677

Other 31 36 40 81 50 37 85 81 72

World Total 92 187 66 236 168 151 975 911 849


January 2010

Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

261.36 22.3246.08330.7845.1224.31169.96 1996/97 263.61 21.09

286.75 22.1749.26355.8448.0021.09177.25 1997/98 275.23 31.35

294.57 24.4351.09377.8051.8831.35184.76 1998/99 292.06 34.66

304.26 25.5259.41398.1359.2034.66188.49 1999/00 300.26 38.46

313.96 26.8066.94418.0165.5938.46188.60 2000/01 311.05 40.02

324.83 27.5262.30428.5263.6740.02188.55 2001/02 323.97 42.26

331.67 27.6969.70444.9871.0542.26187.16 2002/03 326.49 48.79

335.88 27.9166.81448.8664.1948.79199.50 2003/04 337.06 45.00

381.51 29.2874.42499.1872.6745.00209.44 2004/05 367.44 57.32

391.45 29.8475.79524.2375.4557.32210.91 2005/06 383.81 64.63

404.18 30.3683.36549.6680.8664.63211.03 2006/07 393.10 73.20

391.79 30.3792.57554.9990.0073.20206.04 2007/08 400.75 61.68

395.17 31.6194.21550.2093.3661.68214.81 2008/09 400.38 55.61

431.60 31.6195.38580.0192.8055.61214.80 2009/10 413.50 71.13

Major Protien Meals

146.99 0.3344.23198.4843.587.91nr 1996/97 147.33 6.91

153.25 0.3544.33205.6945.536.91nr 1997/98 153.47 7.90

163.38 0.4047.21218.3247.057.90nr 1998/99 162.59 8.52

167.87 0.4246.64223.6447.288.49nr 1999/00 169.09 7.91

174.81 0.4148.43230.7848.067.91nr 2000/01 175.18 7.17

182.72 0.4252.76241.2751.387.17nr 2001/02 180.95 7.56

186.05 0.4253.78247.2353.627.56nr 2002/03 186.28 7.17

190.70 0.5158.51255.6457.777.17nr 2003/04 189.72 7.42

207.07 0.5561.51273.8559.377.42nr 2004/05 204.40 7.95

216.46 0.5565.81289.5065.087.95nr 2005/06 215.70 7.99

224.23 0.5468.10298.9266.707.99nr 2006/07 223.00 7.82

231.05 0.5471.24308.0569.187.82nr 2007/08 229.49 7.31

228.59 0.5468.14303.3367.427.31nr 2008/09 228.62 6.57

238.51 0.5471.14314.3469.266.57nr 2009/10 236.72 6.47

Major Vegetable Oils

73.79 65.2226.04106.1224.647.6910.36 1996/97 72.87 7.22

75.20 66.2926.30107.1024.687.227.69 1997/98 73.72 7.08

80.35 70.7027.81114.3226.897.087.95 1998/99 78.54 7.97

86.03 74.5928.77120.4126.577.828.33 1999/00 82.68 8.97

89.81 78.7130.94129.0230.248.9710.23 2000/01 88.58 9.50

92.75 80.4033.07133.1830.939.5010.50 2001/02 91.04 9.07

96.14 83.2636.13140.2035.009.074.58 2002/03 95.42 8.65

102.80 86.9339.01148.9637.518.654.42 2003/04 100.73 9.23

111.74 91.5042.63161.6740.709.238.12 2004/05 108.20 10.84

118.72 95.0747.60174.3044.7510.848.22 2005/06 115.58 11.13

121.45 96.9748.94180.5647.9811.138.29 2006/07 120.87 10.76

128.03 100.0653.60189.3750.5910.768.53 2007/08 125.46 10.31

131.83 103.1354.89196.4054.2610.318.63 2008/09 129.43 12.08

137.12 107.4056.85203.9254.7212.088.73 2009/10 135.63 11.44

Based on the aggregate of different marketing years


January 2010

Table 16: World: Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

131.95 113.6736.76186.5835.6319.0062.44 1996/97 133.87 15.94

157.95 123.2139.31212.0638.1615.9468.53 1997/98 145.12 27.63

159.83 134.6437.93226.0038.5527.6371.30 1998/99 158.83 29.25

160.35 135.1045.62235.1745.5729.2571.91 1999/00 159.35 30.20

175.76 146.6053.76259.0153.0530.2075.44 2000/01 171.56 33.70

184.82 158.0252.89272.9054.3933.7079.47 2001/02 184.48 35.53

196.87 165.6360.97295.3162.9135.5382.31 2002/03 191.47 42.87

186.64 163.9756.02283.5154.0042.8788.41 2003/04 189.60 37.89

215.78 175.8664.75317.1463.4737.8993.18 2004/05 204.91 47.47

220.67 185.1963.80332.2764.1347.4792.92 2005/06 215.26 53.21

237.12 195.6671.31359.3969.0653.2194.24 2006/07 225.19 62.89

221.14 201.8779.52362.1678.1362.8990.73 2007/08 229.69 52.95

210.86 192.8876.73340.2876.4752.9596.28 2008/09 220.67 42.87

253.38 203.8780.61375.1678.9142.87101.81 2009/10 234.75 59.80

Meal, Soybean

90.12 113.7130.25126.1830.655.41nr 1996/97 91.08 4.84

98.00 123.3532.63136.8734.034.84nr 1997/98 98.44 5.80

106.38 134.6935.38147.9635.785.80nr 1998/99 106.02 6.55

107.17 135.1334.10148.6434.926.55nr 1999/00 108.64 5.90

116.15 146.6336.25157.9835.935.90nr 2000/01 116.04 5.70

125.07 158.1241.69171.1640.405.70nr 2001/02 123.62 5.85

130.65 165.6442.78178.9642.475.85nr 2002/03 130.16 6.03

128.85 163.9745.42179.7744.896.03nr 2003/04 128.40 5.96

139.07 175.8647.68190.9445.925.96nr 2004/05 136.69 6.57

145.82 185.1951.78203.5551.166.57nr 2005/06 145.54 6.23

153.94 195.7053.97212.7652.606.23nr 2006/07 152.25 6.54

158.44 201.9055.78219.2854.306.54nr 2007/08 157.34 6.16

151.55 192.9252.10209.1051.396.16nr 2008/09 152.07 4.93

160.39 203.9155.23219.1553.834.93nr 2009/10 158.80 5.13

Oil, Soybean

20.43 113.685.7128.955.213.32nr 1996/97 20.60 2.64

22.41 123.226.4131.276.222.64nr 1997/98 22.16 2.71

24.43 134.677.5034.377.222.71nr 1998/99 24.39 2.47

24.49 135.146.2333.036.062.47nr 1999/00 23.93 2.87

26.74 146.637.0636.506.892.87nr 2000/01 26.30 3.13

28.90 158.128.3539.707.673.13nr 2001/02 28.24 3.12

30.58 165.639.0341.978.273.12nr 2002/03 30.17 2.77

30.25 163.978.7941.408.392.77nr 2003/04 30.10 2.51

32.63 175.869.1744.028.882.51nr 2004/05 31.62 3.24

34.62 185.199.8446.949.093.24nr 2005/06 33.57 3.53

36.36 195.6910.5749.819.923.53nr 2006/07 35.69 3.56

37.54 201.8910.8751.5110.413.56nr 2007/08 37.62 3.03

35.76 192.919.0547.658.863.03nr 2008/09 35.72 2.88

37.72 203.919.5149.558.962.88nr 2009/10 37.51 2.54

Based on the aggregate of different marketing years, primarily Ocober through September.


January 2010

Table 17: World: Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

31.46 0.353.6036.973.831.6721.91 1996/97 31.33 2.04

33.12 0.364.2639.464.302.0423.50 1997/98 34.13 1.07

35.76 0.286.8443.867.041.0725.41 1998/99 34.79 2.23

42.48 0.398.2152.928.202.2326.75 1999/00 40.46 4.25

37.33 0.387.1848.576.994.2524.69 2000/01 38.70 2.69

36.01 0.444.9043.654.952.6923.29 2001/02 35.98 2.78

33.26 0.384.1340.074.032.7822.10 2002/03 33.77 2.17

39.43 0.625.4946.755.152.1725.47 2003/04 39.16 2.10

46.09 0.634.9053.205.022.1026.68 2004/05 43.56 4.75

48.50 0.306.9859.936.684.7527.26 2005/06 47.44 5.51

45.09 0.536.6357.617.015.5126.49 2006/07 46.32 4.66

48.52 0.468.2060.747.564.6628.29 2007/08 49.00 3.55

58.24 0.4812.4074.0512.263.5531.10 2008/09 54.60 7.05

59.37 0.5310.0975.859.427.0530.91 2009/10 58.68 7.08

Meal, Rapeseed

17.55 0.002.9120.802.660.58nr 1996/97 17.38 0.51

18.87 0.002.8622.202.820.51nr 1997/98 18.90 0.44

19.24 0.002.0421.802.120.44nr 1998/99 19.39 0.37

22.09 0.002.3224.692.260.34nr 1999/00 21.99 0.38

21.18 0.001.8323.481.920.38nr 2000/01 21.36 0.29

19.95 0.001.5121.771.540.29nr 2001/02 19.96 0.30

18.81 0.001.6220.841.730.30nr 2002/03 18.94 0.28

21.79 0.002.4824.562.490.28nr 2003/04 21.43 0.65

24.23 0.002.5127.182.300.65nr 2004/05 24.19 0.48

26.57 0.002.6929.612.560.48nr 2005/06 26.33 0.59

25.95 0.002.8829.593.050.59nr 2006/07 26.48 0.24

27.64 0.003.6531.433.560.24nr 2007/08 27.57 0.21

30.76 0.003.4534.523.540.21nr 2008/09 30.66 0.42

32.95 0.003.8936.993.620.42nr 2009/10 32.70 0.40

Oil, Rapeseed

10.53 9.471.7112.601.610.45nr 1996/97 10.50 0.39

11.44 10.402.0013.842.020.39nr 1997/98 11.39 0.46

11.83 10.731.8113.921.640.46nr 1998/99 11.62 0.49

13.98 13.021.7316.161.730.45nr 1999/00 13.75 0.69

13.34 12.231.2015.371.340.69nr 2000/01 13.39 0.77

13.06 12.071.0314.961.120.77nr 2001/02 13.25 0.67

12.25 11.010.9113.810.890.67nr 2002/03 12.34 0.56

14.09 12.401.3216.011.360.56nr 2003/04 14.29 0.40

15.72 12.831.2917.301.190.40nr 2004/05 15.52 0.49

17.30 13.091.6719.271.480.49nr 2005/06 16.93 0.66

17.01 12.552.0019.872.200.66nr 2006/07 17.46 0.41

18.31 13.321.9320.752.030.41nr 2007/08 18.40 0.43

20.39 13.972.3723.252.440.43nr 2008/09 19.92 0.96

21.88 15.012.6125.152.310.96nr 2009/10 21.40 1.14

Based on the aggregate of different marketing years.


January 2010

Table 18: World: Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

23.86 1.4324.403.253.212.0119.03 1996/97

23.30 0.8124.083.023.171.4319.15 1997/98

26.65 1.3526.173.693.760.8121.46 1998/99

27.18 2.0826.352.162.071.3523.06 1999/00

23.08 1.5623.312.522.232.0819.92 2000/01

21.41 1.5121.381.191.111.5618.83 2001/02

23.96 1.9923.331.521.371.5120.18 2002/03

26.92 2.7126.122.272.191.9922.97 2003/04

25.42 2.2525.801.221.132.7120.92 2004/05

30.04 2.5229.641.521.392.2522.81 2005/06

29.80 2.7529.431.881.752.5223.37 2006/07

27.02 2.5627.041.411.242.7520.99 2007/08

33.05 2.9632.452.081.862.5623.39 2008/09

30.35 2.0631.261.681.692.9622.25 2009/10

Meal, Sunflowerseed

10.12 0.2810.192.392.250.49nr 1996/97

9.81 0.369.642.402.320.28nr 1997/98

10.54 0.3910.232.852.570.36nr 1998/99

10.57 0.4010.752.342.540.39nr 1999/00

9.32 0.329.632.002.230.40nr 2000/01

8.34 0.248.222.111.910.32nr 2001/02

8.99 0.178.952.322.200.24nr 2002/03

10.21 0.199.952.862.620.17nr 2003/04

9.99 0.179.802.782.570.19nr 2004/05

11.52 0.2711.203.533.300.17nr 2005/06

11.50 0.2111.503.473.410.27nr 2006/07

10.52 0.2410.143.202.860.21nr 2007/08

12.59 0.5412.204.214.110.24nr 2008/09

12.14 0.2712.303.633.520.54nr 2009/10

Oil, Sunflowerseed

8.65 0.768.863.273.091.15nr 1996/97

8.48 0.648.213.062.680.76nr 1997/98

9.27 0.898.833.142.950.64nr 1998/99

9.28 0.938.742.902.450.85nr 1999/00

8.18 0.708.182.242.010.93nr 2000/01

7.44 0.487.501.921.760.70nr 2001/02

8.12 0.507.822.282.000.48nr 2002/03

9.19 0.578.382.681.940.50nr 2003/04

9.17 0.748.522.642.160.57nr 2004/05

10.60 0.819.813.953.230.74nr 2005/06

10.61 0.5610.303.963.390.81nr 2006/07

9.85 0.648.953.362.540.56nr 2007/08

11.74 1.1110.834.494.040.64nr 2008/09

11.24 0.7811.194.143.771.11nr 2009/10

Based on the aggregate of different marketing years, primarily September through August.


January 2010

Table 19: World: Palm Oil, Coconut Oil, and Fish Meal Supply and Distribution

Million Metric Tons

Beginning

Stocks


Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

11.56 14.092.7811.8830.9317.651.72 1996/97 17.13 1.91

10.37 13.822.6910.8229.1916.921.91 1997/98 16.73 1.65

12.01 14.892.8112.3632.8619.201.65 1998/99 17.92 2.57

13.13 17.402.8014.0437.4621.802.53 1999/00 20.50 2.92

16.28 20.283.2916.4743.5024.302.92 2000/01 24.07 2.96

16.51 20.103.6917.6544.7725.302.96 2001/02 24.36 2.76

19.70 21.984.7719.9050.1027.642.76 2002/03 27.34 2.87

21.78 23.145.6221.8054.6429.992.87 2003/04 29.37 3.47

24.17 25.066.9224.6561.1033.463.47 2004/05 32.68 3.77

26.45 26.547.7727.2166.0535.833.77 2005/06 34.97 3.87

27.63 27.888.5127.5068.7337.233.87 2006/07 37.06 4.17

30.74 30.368.3732.3075.8440.944.17 2007/08 39.42 4.12

34.07 32.608.3134.2380.5942.404.12 2008/09 41.65 4.71

34.70 34.509.0735.3284.5545.134.71 2009/10 44.33 4.89

Oil, Coconut

1.48 2.200.991.665.413.740.18 1996/97 3.36 0.39

1.73 1.881.072.065.493.370.39 1997/98 3.12 0.31

1.21 1.751.001.114.242.720.31 1998/99 2.91 0.22

1.48 1.691.091.965.033.370.19 1999/00 2.90 0.17

1.77 2.051.191.835.533.590.17 2000/01 3.38 0.33

1.83 1.811.241.795.333.170.33 2001/02 3.20 0.34

1.89 1.831.231.735.373.140.34 2002/03 3.18 0.46

1.68 1.831.271.805.433.290.46 2003/04 3.23 0.40

1.86 1.791.372.075.713.460.40 2004/05 3.25 0.39

1.99 1.911.492.085.853.460.39 2005/06 3.54 0.23

1.88 1.761.451.745.333.220.23 2006/07 3.28 0.30

1.93 1.801.551.935.763.530.30 2007/08 3.46 0.38

1.61 1.711.691.515.623.630.38 2008/09 3.46 0.65

1.83 1.881.741.866.143.670.65 2009/10 3.71 0.58

Meal, Fish

3.50 0.000.094.0610.986.640.84 1996/97 6.27 0.65

2.27 0.000.092.267.894.970.65 1997/98 4.97 0.66

2.78 0.000.083.079.255.810.66 1998/99 5.51 0.67

3.70 0.000.083.6610.696.330.67 1999/00 6.38 0.65

3.47 0.000.083.4710.045.930.65 2000/01 6.17 0.40

3.25 0.000.083.069.495.840.40 2001/02 5.74 0.69

2.85 0.000.082.868.384.840.69 2002/03 5.21 0.31

3.13 0.000.073.208.765.330.31 2003/04 5.39 0.18

3.59 0.000.053.679.475.700.18 2004/05 5.65 0.15

2.94 0.000.052.738.034.940.15 2005/06 5.14 0.15

2.68 0.000.052.597.885.050.15 2006/07 4.99 0.30

3.01 0.000.052.848.495.180.30 2007/08 5.33 0.32

3.03 0.000.052.838.485.130.32 2008/09 5.34 0.31

2.85 0.000.052.858.305.140.31 2009/10 5.19 0.26

Based on the aggregate of different marketing years.


January 2010

Table 20: United States Oilseeds and Products Supply and Distribution Local Marketing Year


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Major Oilseeds

74,755 44,12624,75381,3995936,05132,555 1996/97 51,992 4,654

83,095 48,88724,55588,4216724,65435,351 1997/98 57,421 6,445

84,364 47,81322,72291,5076986,44535,275 1998/99 58,005 10,780

82,315 47,90527,39593,85475910,78037,149 1999/00 57,474 8,985

84,891 49,18927,97694,6938178,98536,805 2000/01 58,898 7,819

89,832 50,63129,96598,3046537,81937,323 2001/02 61,466 6,873

83,935 47,50529,43391,3585506,87336,284 2002/03 56,090 5,835

76,604 45,53925,15882,9425035,83536,041 2003/04 53,632 4,152

95,944 50,16730,708100,7776814,15236,808 2004/05 61,780 8,289

95,670 51,89726,611104,6236648,28936,587 2005/06 63,811 14,201

96,843 53,48331,647112,0771,03314,20136,962 2006/07 63,407 17,023

82,453 53,49533,045100,7411,26517,02331,970 2007/08 60,787 6,909

89,201 49,35435,80297,4051,2956,90935,265 2008/09 55,983 5,620

98,981 50,31438,446105,5679665,62035,591 2009/10 59,100 8,021

Major Protien Meals

33,796 44,1266,70635,1001,052252nr 1996/97 28,165 229

37,470 48,8878,95839,0541,355229nr 1997/98 29,797 299

36,777 47,8137,22338,2971,221299nr 1998/99 30,741 333

36,724 47,9057,13138,2991,242333nr 1999/00 30,871 297

38,250 49,1897,60739,7091,162297nr 2000/01 31,706 396

38,901 50,6317,52440,3571,060396nr 2001/02 32,547 286

36,592 47,5055,92238,0781,200286nr 2002/03 31,910 246

35,207 45,5394,93337,2981,845246nr 2003/04 32,092 273

39,257 50,1676,97041,0511,521273nr 2004/05 33,866 215

39,939 51,8977,61141,8091,655215nr 2005/06 33,837 361

41,485 53,4838,26443,5471,701361nr 2006/07 34,898 385

40,904 53,4958,71043,2681,979385nr 2007/08 34,224 334

37,776 49,3547,94839,9571,847334nr 2008/09 31,763 246

38,901 50,3149,28641,2342,087246nr 2009/10 31,614 334

Major Vegetable Oils

8,350 44,1261,51611,0541,5531,1510 1996/97 8,596 942

9,537 48,8872,04312,1231,6449420 1997/98 9,097 983

9,411 47,8131,63511,8041,4109830 1998/99 9,171 998

9,394 47,9051,12611,9141,5229980 1999/00 9,573 1,215

9,533 49,1891,04712,4311,6831,2150 2000/01 9,745 1,639

9,663 50,6311,54912,9291,6271,6390 2001/02 10,075 1,305

9,184 47,5051,23812,0321,5431,3050 2002/03 9,872 922

8,765 45,53974011,5981,9119220 2003/04 10,063 795

9,754 50,16783812,3901,8417950 2004/05 10,428 1,124

10,383 51,89789913,8862,3791,1240 2005/06 11,190 1,797

10,409 53,4831,33314,7332,5271,7970 2006/07 11,659 1,741

10,527 53,4951,67915,3773,1091,7410 2007/08 12,234 1,464

9,651 49,3541,45714,3453,2301,4640 2008/09 11,205 1,683

9,725 50,3291,84114,8043,3961,6830 2009/10 11,611 1,352

Based on the aggregate of different marketing years


January 2010

Table 21: United States Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

64,780 39,08024,11070,0152424,99325,637 1996/97 42,317 3,588

73,176 43,46423,79676,9001363,58827,968 1997/98 47,666 5,438

74,598 43,26221,89980,132965,43828,507 1998/99 48,749 9,484

72,224 42,92726,53781,8221149,48429,318 1999/00 47,388 7,897

75,055 44,62527,10383,049977,89729,303 2000/01 49,203 6,743

78,672 46,25928,94885,478636,74329,532 2001/02 50,867 5,663

75,010 43,94828,42380,8001275,66329,339 2002/03 47,524 4,853

66,783 41,63224,12871,7871514,85329,330 2003/04 44,600 3,059

85,019 46,16029,86088,2301523,05929,930 2004/05 51,410 6,960

83,507 47,32425,57990,559926,96028,834 2005/06 52,751 12,229

87,001 49,19830,38699,47624612,22930,190 2006/07 53,473 15,617

72,859 49,08131,53888,74526915,61725,959 2007/08 51,627 5,580

80,749 45,23234,92586,6903615,58030,222 2008/09 48,004 3,761

91,472 46,53937,42195,4512183,76130,921 2009/10 51,364 6,666

Meal, Soybean

31,035 39,0806,45131,336108193nr 1996/97 24,694 191

34,633 43,4648,72234,88460191nr 1997/98 25,964 198

34,285 43,2626,97934,584101198nr 1998/99 27,305 300

34,102 42,9276,91234,46765300nr 1999/00 27,289 266

35,730 44,6257,33536,04650266nr 2000/01 28,363 348

36,552 46,2597,27137,034134348nr 2001/02 29,545 218

34,649 43,9485,72835,024157218nr 2002/03 29,096 200

32,953 41,6324,69033,412259200nr 2003/04 28,531 191

36,936 46,1606,65937,261134191nr 2004/05 30,446 156

37,416 47,3247,30137,700128156nr 2005/06 30,114 285

39,037 49,1987,98739,464142285nr 2006/07 31,166 311

38,360 49,0818,38438,799128311nr 2007/08 30,148 267

35,475 45,2327,71835,82280267nr 2008/09 27,891 213

36,673 46,5398,98137,013127213nr 2009/10 27,760 272

Oil, Soybean

7,145 39,0809228,08324914nr 1996/97 6,471 690

8,229 43,4641,3978,94627690nr 1997/98 6,922 627

8,202 43,2621,0768,86738627nr 1998/99 7,101 690

8,085 42,9276248,81237690nr 1999/00 7,284 904

8,355 44,6256369,29233904nr 2000/01 7,401 1,255

8,572 46,2591,1439,848211,255nr 2001/02 7,635 1,070

8,360 43,9481,0279,451211,070nr 2002/03 7,748 676

7,748 41,6324258,563139676nr 2003/04 7,650 488

8,782 46,1606009,28212488nr 2004/05 7,911 771

9,248 47,32452310,03516771nr 2005/06 8,147 1,365

9,294 49,19885110,676171,365nr 2006/07 8,426 1,399

9,335 49,0811,32010,764301,399nr 2007/08 8,317 1,127

8,503 45,2329959,671411,127nr 2008/09 7,432 1,244

8,657 46,5391,4749,935341,244nr 2009/10 7,485 976

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.


January 2010

Table 22: Brazil Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

27,300 18,9448,32729,5841,45083411,800 1996/97 20,658 599

32,500 21,8329,32533,73363459913,000 1997/98 23,586 822

31,300 21,6458,91232,73861682212,900 1998/99 23,423 403

34,700 21,57811,77935,89779440313,600 1999/00 23,502 616

39,500 22,77315,52140,97085461613,934 2000/01 24,992 457

43,500 25,84316,07445,0571,10045716,350 2001/02 28,302 681

52,000 27,79619,98753,8051,12468118,448 2002/03 30,520 3,298

51,000 28,91419,25754,6623643,29821,476 2003/04 31,807 3,598

53,000 29,73022,79956,9503523,59822,800 2004/05 32,515 1,636

57,000 28,75424,77058,676401,63622,229 2005/06 31,654 2,252

59,000 31,51123,80561,3601082,25220,700 2006/07 34,445 3,110

61,000 31,89024,51564,193833,11021,300 2007/08 34,860 4,818

57,000 30,00028,20061,868504,81821,600 2008/09 32,744 924

65,000 33,53025,90066,07415092423,100 2009/10 36,505 3,669

Meal, Soybean (Local)

14,863 18,9449,84115,616305448nr 1996/97 5,350 425

17,235 21,83210,86117,817157425nr 1997/98 6,435 521

17,000 21,64510,13217,59675521nr 1998/99 6,870 594

16,831 21,5789,87617,544119594nr 1999/00 7,068 600

17,753 22,77311,11018,583230600nr 2000/01 7,171 302

20,392 25,84312,78321,082388302nr 2001/02 7,596 703

21,773 27,79613,54222,813337703nr 2002/03 8,292 979

22,330 28,91414,59623,536227979nr 2003/04 8,099 841

23,040 29,73014,25624,125244841nr 2004/05 9,133 736

22,280 28,75412,28723,230214736nr 2005/06 10,080 863

24,420 31,51112,34625,429146863nr 2006/07 11,520 1,563

24,710 31,89012,66426,4161431,563nr 2007/08 12,300 1,452

23,250 30,00011,95024,8021001,452nr 2008/09 12,350 502

26,000 33,53012,68026,652150502nr 2009/10 12,650 1,322

Oil, Soybean (Local)

3,527 18,9441,0773,893178188nr 1996/97 2,662 154

4,083 21,8321,4134,434197154nr 1997/98 2,795 226

4,048 21,6451,5194,517243226nr 1998/99 2,762 236

4,036 21,5781,1344,383111236nr 1999/00 2,971 278

4,370 22,7731,6164,73587278nr 2000/01 2,937 182

4,905 25,8432,1005,227140182nr 2001/02 2,936 191

5,349 27,7962,4055,58747191nr 2002/03 2,897 285

5,579 28,9142,5315,87814285nr 2003/04 2,969 378

5,710 29,7302,6976,0913378nr 2004/05 3,099 295

5,520 28,7542,3155,83318295nr 2005/06 3,211 307

6,050 31,5112,5216,41962307nr 2006/07 3,600 298

6,120 31,8902,1216,46850298nr 2007/08 4,090 257

5,760 30,0001,5006,02710257nr 2008/09 4,325 202

6,430 33,5301,7606,68250202nr 2009/10 4,732 190

Data based on Brazil's local February/January Marketing Year (MY).

Where February 2006 - January 2007 is the 2005/06 MY.


January 2010

Table 23: Argentina Soybeans and Products Supply and Distribution Local Marketing Years


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

11,200 10,42348913,1619979646,200 1996/97 11,055 1,617

19,500 16,7422,85521,4062891,6176,954 1997/98 17,499 1,052

20,000 17,1083,09721,3032511,0528,165 1998/99 17,933 273

21,200 16,5144,10921,7743012738,583 1999/00 17,449 216

27,800 19,5077,37728,30729121610,401 2000/01 20,587 343

30,000 22,3976,22130,64029734311,400 2001/02 23,597 822

35,500 24,8158,80936,69937782212,600 2002/03 26,140 1,750

33,000 25,0726,79935,4697191,75014,000 2003/04 26,509 2,161

39,000 29,56010,68641,8707092,16114,400 2004/05 31,010 174

40,500 32,7487,13041,6871,01317415,200 2005/06 34,223 334

48,800 35,96212,13251,4702,33633416,300 2006/07 37,462 1,876

46,200 32,14012,12450,7262,6501,87616,600 2007/08 33,712 4,890

32,000 30,3243,60037,0902004,89016,000 2008/09 31,689 1,801

53,000 37,50012,05054,9011001,80118,800 2009/10 39,171 3,680

Meal, Soybean (Local)

8,390 10,4238,03310,26001,870nr 1996/97 337 1,890

13,440 16,74212,68915,33001,890nr 1997/98 343 2,298

13,438 17,10812,76115,73602,298nr 1998/99 342 2,633

13,113 16,51412,85415,74602,633nr 1999/00 350 2,542

15,492 19,50715,97918,03402,542nr 2000/01 374 1,681

17,762 22,39717,57219,44301,681nr 2001/02 423 1,448

19,667 24,81519,16221,11501,448nr 2002/03 500 1,453

19,741 25,07219,07821,19621,453nr 2003/04 530 1,588

23,350 29,56022,70324,93911,588nr 2004/05 550 1,686

25,582 32,74824,72327,26801,686nr 2005/06 574 1,971

27,856 35,96228,10829,82921,971nr 2006/07 621 1,100

25,230 32,14024,36326,33331,100nr 2007/08 632 1,338

23,715 30,32423,37525,05741,338nr 2008/09 652 1,030

29,325 37,50028,20030,35721,030nr 2009/10 684 1,473

Oil, Soybean (Local)

1,859 10,4231,7702,4230564nr 1996/97 208 445

2,953 16,7422,5443,3980445nr 1997/98 217 637

3,118 17,1083,0853,7550637nr 1998/99 230 440

3,017 16,5142,8373,4570440nr 1999/00 242 378

3,630 19,5073,5104,0080378nr 2000/01 287 211

4,165 22,3973,6394,3760211nr 2001/02 357 380

4,672 24,8154,2455,0520380nr 2002/03 389 418

4,724 25,0724,4465,1420418nr 2003/04 392 304

5,558 29,5605,0825,8620304nr 2004/05 395 385

6,169 32,7485,6676,5540385nr 2005/06 402 485

6,917 35,9626,5157,4020485nr 2006/07 580 307

6,139 32,1404,9806,4460307nr 2007/08 1,086 380

5,820 30,3244,4256,2000380nr 2008/09 1,525 250

7,200 37,5005,5907,4500250nr 2009/10 1,625 235

Data based on Argentina's Local April/March Marketing Year (MY).

Where April 2006 - March 2007 is the 2005/06 MY.


January 2010

Table 24: South East Asia: Oilseeds and Products Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

4,189 Oilseed, Copra 3,988 4,347 4,466 4,465 4,465

8,456 Oilseed, Palm Kernel 8,639 9,544 10,093 10,361 10,361

1,540 Oilseed, Soybean 1,404 1,525 1,401 1,401 1,401

3,259 Other 3,268 3,244 3,409 3,409 3,409

17,444 Total 17,299 18,660 19,369 19,636 19,636

none

Imports none

158 Meal, Fish 112 113 115 112 112

272 Meal, Rapeseed 380 428 476 450 450

8,007 Meal, Soybean 9,160 8,960 9,146 9,730 9,730

409 Other 413 302 392 469 416

8,846 Total 10,065 9,803 10,129 10,761 10,708

none

Imports none

1,865 Oil, Palm 1,353 1,619 1,904 1,969 1,969

0 Oil, Rapeseed 0 0 0 0 0

220 Oil, Soybean 242 274 246 272 272

0 Oil, Sunflowerseed 0 0 0 0 0

460 Other 484 628 620 614 613

2,545 Total 2,079 2,521 2,770 2,855 2,854

none


554 Meal, Fish 522 535 600 583 583

272 Meal, Rapeseed 380 428 476 450 450

9,632 Meal, Soybean 10,583 10,594 10,542 11,190 11,190

2,356 Other 2,393 2,290 2,709 2,631 2,861

12,814 Total 13,878 13,847 14,327 14,854 15,084

none


8,755 Oil, Palm 9,270 9,248 9,387 10,177 10,177


456 Oil, Soybean 459 500 476 520 520


3,510 Other 3,488 3,814 4,308 4,323 4,498

12,799 Total 13,295 13,640 14,249 15,098 15,273

none

Industrial Dom. Cons. none

2,701 Oil, Palm 2,936 2,690 2,616 3,105 3,105


69 Oil, Soybean 71 73 72 71 71


2,422 Other 2,446 2,735 3,130 3,069 3,265

5,192 Total 5,453 5,498 5,818 6,245 6,441

none

Food Use Dom. Cons. none

5,698 Oil, Palm 5,930 6,153 6,362 6,647 6,647


387 Oil, Soybean 388 427 404 449 449


1,078 Other 1,037 1,069 1,168 1,244 1,213

7,241 Total 7,433 7,727 8,012 8,418 8,387

none

SME none

801 Meal, Fish 754 773 867 842 842

194 Meal, Rapeseed 270 305 339 320 320

9,632 Meal, Soybean 10,583 10,594 10,542 11,190 11,190

1,249 Other 1,247 1,186 1,386 1,345 1,448

11,875 Total 12,855 12,858 13,134 13,697 13,801

Southeast Asia includes Brunei, Burma, Cambonia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.

SME - 44 Percent Protein Soybean Meal Equivalent


January 2010

Table 25: Middle East Oilseeds and Products Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

2,012 Oilseed, Cottonseed 1,877 1,684 1,262 1,202 1,202

0 Oilseed, Rapeseed 0 0 0 0 0

239 Oilseed, Soybean 269 270 294 325 325

853 Oilseed, Sunflowerseed 954 804 935 955 955

85 Other 77 85 85 85 85

3,189 Total 3,177 2,843 2,576 2,567 2,567

none

Imports none

48 Meal, Fish 49 62 54 47 47

17 Meal, Rapeseed 21 54 44 72 72

2,209 Meal, Soybean 2,579 2,934 2,924 3,051 3,051

731 Other 806 526 755 819 819

3,005 Total 3,455 3,576 3,777 3,989 3,989

none

Imports none

2,487 Oil, Palm 2,240 2,652 2,522 2,855 2,855

6 Oil, Rapeseed 4 13 3 13 13

927 Oil, Soybean 792 703 437 523 523


48 Other 43 44 46 52 51

4,194 Total 3,509 3,869 3,913 4,228 4,227

none


53 Meal, Fish 54 66 59 52 52

125 Meal, Rapeseed 133 373 292 426 332

4,260 Meal, Soybean 4,565 5,017 4,520 5,143 5,143

2,017 Other 2,085 1,696 1,743 1,816 1,816

6,455 Total 6,837 7,152 6,614 7,437 7,343

none


1,786 Oil, Palm 1,670 1,975 1,940 2,188 2,188

53 Oil, Rapeseed 57 121 115 139 83

1,303 Oil, Soybean 1,209 1,064 799 969 967

1,034 Oil, Sunflowerseed 1,042 918 1,259 1,235 1,235

575 Other 557 526 521 478 477

4,751 Total 4,535 4,604 4,634 5,009 4,950

none


125 Oil, Palm 129 129 129 135 135

32 Oil, Rapeseed 28 35 33 40 20

187 Oil, Soybean 137 76 67 69 69


67 Other 58 46 42 47 46

432 Total 374 308 293 313 292

none


1,661 Oil, Palm 1,541 1,846 1,811 2,053 2,053

21 Oil, Rapeseed 29 86 82 99 63

1,094 Oil, Soybean 1,050 968 712 879 877

993 Oil, Sunflowerseed 1,000 874 1,215 1,191 1,191

508 Other 499 480 479 431 431

4,277 Total 4,119 4,254 4,299 4,653 4,615

none

SME none

77 Meal, Fish 78 95 85 75 75

89 Meal, Rapeseed 95 265 208 303 236

4,260 Meal, Soybean 4,565 5,017 4,520 5,143 5,143

1,778 Other 1,848 1,497 1,563 1,637 1,637

6,204 Total 6,585 6,874 6,376 7,158 7,092

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.



January 2010

Table 26: European Union (27): Oilseeds and Products Supply and Distribution (Working Statistics)


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

15,523 Oilseed, Rapeseed 16,092 18,358 19,043 21,325 21,325

1,174 Oilseed, Soybean 1,228 723 641 990 990

5,958 Oilseed, Sunflowerseed 6,502 4,799 6,962 6,915 6,840

815 Other 678 643 481 455 455

23,470 Total 24,500 24,523 27,127 29,685 29,610

none

Imports none

570 Meal, Fish 536 486 500 450 450

84 Meal, Rapeseed 106 109 161 150 150

22,829 Meal, Soybean 22,213 24,074 21,500 22,800 22,800

4,816 Other 4,167 3,879 4,729 4,002 3,999

28,299 Total 27,022 28,548 26,890 27,402 27,399

none

Imports none

4,272 Oil, Palm 4,407 4,694 4,900 4,800 4,800

316 Oil, Rapeseed 727 296 454 400 400

717 Oil, Soybean 991 1,040 820 600 600

1,235 Oil, Sunflowerseed 1,205 1,063 1,050 1,020 1,020

1,665 Other 1,775 1,553 1,492 1,596 1,596

8,205 Total 9,105 8,646 8,716 8,416 8,416

none


867 Meal, Fish 885 822 840 800 800

8,496 Meal, Rapeseed 9,100 10,413 11,692 12,504 12,529

32,875 Meal, Soybean 33,228 35,169 31,930 32,200 32,300

7,742 Other 7,237 6,494 7,783 7,557 7,554

49,980 Total 50,450 52,898 52,245 53,061 53,183

none


4,151 Oil, Palm 4,256 4,392 4,553 4,648 4,648

6,328 Oil, Rapeseed 7,198 7,774 8,539 9,205 9,205

2,915 Oil, Soybean 3,368 3,377 2,805 2,630 2,630


3,538 Other 3,593 3,619 3,489 3,538 3,538

20,126 Total 21,702 22,063 22,581 23,242 23,242

none


1,265 Oil, Palm 1,400 1,452 1,465 1,540 1,540

3,709 Oil, Rapeseed 4,768 4,919 5,791 6,240 6,240

1,122 Oil, Soybean 1,563 1,592 1,111 1,050 1,050


410 Other 417 452 396 375 346

6,698 Total 8,363 8,610 9,026 9,475 9,446

none


2,646 Oil, Palm 2,656 2,720 2,828 2,848 2,848

2,614 Oil, Rapeseed 2,425 2,850 2,743 2,960 2,960

1,663 Oil, Soybean 1,675 1,655 1,564 1,450 1,450


3,091 Other 3,140 3,141 3,067 3,137 3,166

13,014 Total 12,965 13,070 13,132 13,346 13,375

none

SME none

1,253 Meal, Fish 1,279 1,188 1,214 1,156 1,156

6,045 Meal, Rapeseed 6,475 7,409 8,319 8,897 8,914

32,875 Meal, Soybean 33,228 35,169 31,930 32,200 32,300

5,617 Other 5,451 4,745 5,938 5,726 5,725

45,789 Total 46,432 48,510 47,401 47,979 48,095

EU-27 includes Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary,

Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and

United Kingdom.


January 2010

Table 27: China Oilseeds and Products Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

14,340 Oilseed, Peanut 12,887 13,027 14,286 12,720 12,720


16,350 Oilseed, Soybean 15,967 14,000 15,500 14,500 14,500


11,130 Other 13,910 14,500 14,400 12,345 12,540

56,799 Total 55,230 53,350 57,786 54,265 54,460

none

Imports none

983 Meal, Fish 970 1,351 1,400 1,330 1,330

182 Meal, Rapeseed 328 302 260 200 200

837 Meal, Soybean 32 203 215 200 200

114 Other 51 101 24 63 63

2,116 Total 1,381 1,957 1,899 1,793 1,793

none

Imports none

4,975 Oil, Palm 5,139 5,223 6,118 6,300 6,300

0 Oil, Peanut 11 6 20 6 6

44 Oil, Rapeseed 330 277 453 250 250

1,516 Oil, Soybean 2,404 2,727 2,494 2,400 2,400


418 Other 524 523 563 580 580

6,964 Total 8,502 8,758 9,773 9,596 9,596

none


1,265 Meal, Fish 1,258 1,646 1,708 1,625 1,625

8,320 Meal, Rapeseed 7,479 7,069 8,317 8,849 8,849

27,776 Meal, Soybean 27,630 30,849 31,673 34,721 34,909

7,450 Other 7,584 7,694 7,820 7,375 7,375

44,811 Total 43,951 47,258 49,518 52,570 52,758

none


4,974 Oil, Palm 5,138 5,222 5,618 6,330 6,330

2,256 Oil, Peanut 2,007 2,016 2,184 1,956 1,956

4,545 Oil, Rapeseed 4,343 4,139 4,853 5,102 5,102

7,607 Oil, Soybean 8,670 9,693 9,486 10,266 10,320


1,737 Other 2,072 2,144 2,158 2,085 2,085

21,509 Total 22,559 23,343 24,654 26,033 26,087

none


3,074 Oil, Palm 3,188 3,222 3,568 4,180 4,180

2,256 Oil, Peanut 2,007 2,016 2,184 1,956 1,956

4,545 Oil, Rapeseed 4,343 4,139 4,853 5,102 5,102

7,607 Oil, Soybean 8,670 9,693 9,486 10,266 10,320


1,490 Other 1,681 1,775 1,707 1,635 1,635

19,362 Total 20,218 20,974 22,153 23,433 23,487

none

SME none

1,828 Meal, Fish 1,818 2,378 2,468 2,348 2,348

5,920 Meal, Rapeseed 5,321 5,030 5,918 6,296 6,296

27,776 Meal, Soybean 27,630 30,849 31,673 34,721 34,909

7,035 Other 7,007 7,100 7,257 6,825 6,825

42,559 Total 41,776 45,357 47,316 50,190 50,378



January 2010

Table 28: India Oilseeds and Products Supply and Distribution


2005/06 2006/07 2007/08 2008/09

Dec

2009/10

Jan

2009/10

none

Production none

8,088 Oilseed, Cottonseed 9,128 10,400 9,600 10,100 10,100

6,300 Oilseed, Peanut 5,385 6,800 6,250 5,000 5,000


7,000 Oilseed, Soybean 7,690 9,470 9,100 8,800 8,800


763 Other 633 713 749 749 749

30,701 Total 29,916 33,953 33,699 32,249 32,249

none

Imports none

0 Oil, Cottonseed 0 0 5 0 0

2,899 Oil, Palm 3,650 5,015 6,867 6,600 6,650

0 Oil, Peanut 0 0 0 0 0

0 Oil, Rapeseed 0 0 42 23 23

1,727 Oil, Soybean 1,447 733 1,060 890 890


117 Other 140 151 230 219 215

4,856 Total 5,440 5,917 8,787 8,232 8,278

none


2,794 Meal, Cottonseed 3,084 3,473 3,373 3,398 3,398

1,689 Meal, Peanut 1,468 1,876 1,730 1,400 1,400

2,792 Meal, Rapeseed 2,804 1,990 2,350 2,920 2,920

1,525 Meal, Soybean 1,852 2,056 2,483 2,748 2,890

684 Meal, Sunflowerseed 558 481 424 424 424

350 Other 257 274 279 297 279

9,834 Total 10,023 10,150 10,639 11,187 11,311

none


895 Oil, Cottonseed 947 1,054 1,038 1,029 1,029

3,124 Oil, Palm 3,671 5,065 6,475 6,750 6,800

1,591 Oil, Peanut 1,433 1,612 1,425 1,360 1,360

2,343 Oil, Rapeseed 2,133 1,967 2,055 2,352 2,352

2,933 Oil, Soybean 2,600 2,300 2,330 2,293 2,243


602 Other 523 574 667 669 659

12,113 Total 11,907 12,970 14,721 15,369 15,359

none


865 Oil, Cottonseed 915 1,021 1,000 990 990

2,814 Oil, Palm 3,175 4,585 6,150 6,400 6,450

1,576 Oil, Peanut 1,420 1,597 1,410 1,345 1,345

2,343 Oil, Rapeseed 2,133 1,967 2,055 2,352 2,352

2,933 Oil, Soybean 2,600 2,300 2,330 2,293 2,243


273 Other 217 251 334 337 327

11,429 Total 11,060 12,119 14,010 14,633 14,623

none

SME none

2,264 Meal, Cottonseed 2,499 2,814 2,733 2,753 2,753

1,898 Meal, Peanut 1,650 2,109 1,945 1,574 1,574

1,987 Meal, Rapeseed 1,995 1,416 1,672 2,078 2,078

1,525 Meal, Soybean 1,852 2,056 2,483 2,748 2,890

646 Meal, Sunflowerseed 527 454 400 400 400

157 Other 115 123 125 133 125

8,477 Total 8,638 8,972 9,358 9,686 9,820



January 2010

Year Rapesee CopraBeg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb RottOct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average98/99-07/08 227 235 243 242 285 455 978 280 333 301 421

1998/99 176 177 184 179 225 563 847 223 257 227 4681999/00 173 175 183 180 208 544 820 168 214 190 3572000/01 167 169 180 175 200 582 888 167 219 202 2082001/02 170 174 183 179 203 389 700 238 287 220 2452002/03 209 232 217 221 267 415 963 265 286 285 2872003/04 291 294 277 285 323 425 976 282 321 317 4242004/05 217 214 232 228 277 402 915 316 313 262 4312005/06 205 202 228 227 261 383 857 261 291 292 3872006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 867

2008/09 Oct 365 322 368 362 394 454 1,444 558 389 439 585 Nov 345 318 361 354 378 443 1,355 520 337 409 479 Dec 330 310 343 335 360 478 1,282 492 316 368 495 Jan 366 356 388 383 413 525 1,270 483 344 388 479 Feb 351 337 364 367 390 558 1,165 507 369 363 446 Mar 335 344 356 347 379 560 1,108 498 350 352 416 Apr 360 369 390 387 414 556 1,128 443 350 381 499 May 393 419 439 432 465 545 1,140 476 413 437 559 Jun 419 443 457 453 503 545 1,125 406 413 434 480 Jul 397 393 452 429 463 516 1,152 390 370 384 448 Aug 397 406 484 448 470 511 1,160 454 365 384 492 Sep 358 359 430 408 421 514 1,120 306 348 375 466 Average 368 365 403 392 421 517 1,204 461 364 393 487

2009/10 Oct 347 348 418 422 427 525 1,160 357 373 390 470 Nov 350 364 391 439 440 481 1,160 311 406 402 493 *Dec 366 373 399 446 451 461 1,196 322 450 415 509 Jan Feb Mar Apr May Jun Jul Aug Sep Average 354 362 403 436 439 489 1,172 330 410 402 491

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA9/ Rotterdam CIF; EC Lower Rhine; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary 1/12/2010 9:13:48 AM

Table 29: Oilseed Prices U.S. Dollars per Metric Ton

Soybean Peanut Sunseed

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 Up River; Reuters 5/ Rotterdam CIF; U.S.; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

Year Fish

Beg U.S. Brz Arg Hamb U.S. Rott Hamb

Oct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average

98/99-07/08 218 195 175 235 106 138 724

1998/99 153 150 130 150 72 76 442

1999/00 185 182 159 180 83 102 407

2000/01 191 187 168 188 100 118 459

2001/02 180 174 157 174 95 110 592

2002/03 200 163 152 197 101 106 598

2003/04 282 211 188 273 122 149 649

2004/05 202 172 157 231 94 120 665

2005/06 192 176 158 215 85 122 1060

2006/07 226 199 181 276 116 178 1220

2007/08 370 337 299 469 191 298 1146

2008/09

Oct 287 279 247 358 178 152 1,051

Nov 295 271 250 347 162 130 983

Dec 296 273 234 345 165 143 1,036

Jan 338 324 291 378 181 164 1,009

Feb 328 325 300 391 178 189 1,001

Mar 322 294 264 374 148 179 1,030

Apr 357 329 296 398 143 182 1,040

May 419 381 337 444 156 195 1,103

Jun 461 380 330 448 207 208 1,149

Jul 411 356 281 439 188 192 1,208

Aug 447 397 319 444 163 198 1,272

Sep 419 383 328 444 148 198 1,348

Average 365 333 290 401 168 178 1,103

2009/10

Oct 362 354 320 430 167 201 1,427

Nov 363 354 320 425 209 207 1,526

*Dec 368 350 312 425 218 172 1,651

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 364 353 317 427 198 193 1,535

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Rio Grande, Brazil FOB; Bulk Rate

45-46% Protein; Reuters. 3/ Argentina Pellets, FOB Up River; Reuters

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 Pellet 37-38%;

Oil World. 8/ Bremen (Hamburg prior to Mar 2006) 64-65% Protein; Oil World.

9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.

* Preliminary

201

1/12/2010 9:13:48 AM

188

197

217

184

186

190

195

204

222

231

227

155

168

200

217

129

184

298

156

129

139

178

131

292

Rapeseed

Hamb

9/

156

105

124

141

313

340

281

276

287

260

337

336

347

262

260

235

234

280

263

248

253

202

137

159

166

141

158

146

161

U.S.

5/

167

121

Table 30: Protein Meal Prices U.S. Dollars per Metric Ton

Soybean SunseedCottonseed

Year ottonsee Palm CanolaCoconut Corn

Begin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.

Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average

98/99-07/08 546 531 529 597 701 829 707 1,112 1,048 478 662 641 632

1998/99 438 452 453 483 602 444 560 876 801 486 482 748 558

1999/00 344 328 332 356 474 365 413 780 744 309 359 539 393

2000/01 311 295 295 336 352 350 428 768 685 235 372 323 299

2001/02 363 376 376 412 396 513 587 716 659 329 451 388 422

2002/03 486 489 491 534 832 731 592 1,034 1,139 421 588 449 621

2003/04 661 567 542 633 688 738 663 1,317 1,178 481 670 630 625

2004/05 507 466 471 545 609 962 703 1,171 1,102 392 660 636 614

2005/06 516 474 467 573 649 896 635 981 931 416 770 583 555

2006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 701

2007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,529

2008/09

Oct 783 769 773 928 1,024 1,640 950 2,138 2,110 564 1,053 856 766

Nov 696 698 697 824 824 1,190 835 1,984 1,772 489 991 719 685

Dec 646 627 623 738 725 937 759 1,879 1,436 511 836 740 593

Jan 709 700 683 789 787 917 817 1,744 1,343 566 817 734 555

Feb 638 665 659 748 732 882 805 1,653 1,293 577 760 673 640

Mar 622 655 652 727 719 937 757 1,378 1,214 595 709 625 653

Apr 722 762 759 801 824 992 843 1,295 1,187 716 807 747 690

May 795 847 842 892 880 1,085 941 1,248 1,157 799 933 843 821

Jun 786 832 827 896 854 1,185 907 1,257 1,154 732 920 747 872

Jul 685 751 748 837 806 1,177 804 1,338 1,149 647 846 686 800

Aug 743 814 808 886 863 1,179 820 1,367 1,131 719 887 747 777

Sep 683 759 818 846 803 1,174 809 1,190 1,120 675 857 701 812

Average 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 722

2009/10

Oct 731 802 825 897 836 1,151 846 1,129 1,148 663 896 706 829

Nov 807 855 831 931 897 1,168 921 1,146 1,116 703 928 729 840

*Dec 812 857 816 933 913 1,146 986 1,151 1,187 766 945 767 882

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 783 838 824 920 882 1,155 918 1,142 1,150 711 923 734 850

1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil FOB; Bulk Rate; Reuters. 3/ Argentina FOB;

Oilworld or Reuters 4/ Dutch FOB; Ex-Mill; Oil World. 5/ Valley Points FOB. Tank Cars Crude; USDA.

6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA.

9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOB

Ex-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 14/ Decatur; Crude; AMS

* Preliminary

Table 31: Vegetable Oil Prices U.S. Dollars per Metric Ton

1/12/2010 9:13:48 AM

Soybean Sunseed Peanut

strong processing margins support china’s expanding ... · y j 8 s 08 08 0 9 m 09 a j u 9 9 v-0...

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