china soybean imports lowered › usda-esmis › ... · 2018-11-08 · oil, palm import 10,600...

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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA November 2018 China Soybean Imports Lowered Imports down 16 Million Tons Since June With a 4-million-ton cut in China’s soybean import forecast this month, projected imports combined for both 2017/18 and 2018/19 have fallen 16 million tons since the start of trade tensions and retaliatory tariffs. This includes 3 million tons for 2017/18 and 13 million tons for 2018/19. Imports for 2018/19 are now forecast at 90 million tons. A portion of this decline is offset by the higher use of domestic supplies. However, most of the decline is in response to lower protein feeding for livestock. While growth in China’s SME (soybean meal equivalent) demand remains positive, the rate of increase has declined. A recent announcement by a feed association advising industry to lower inclusion of protein in feed rations could reduce demand for imported soybeans. Since the beginning of the current trade tensions, purchases of U.S. soybeans by China have evaporated, with many previously booked sales being canceled. The few quantities that were shipped after the imposition of duties have either been diverted to other markets (Vietnam, Singapore, and South Korea) or are currently languishing off the coast of China, waiting to be discharged. With Chinese buyers showing little interest in U.S. soybeans, this month’s reduction in the forecast in Chinas imports is reflected in a similar reduction in the U.S. export forecast. Though China is shunning U.S. beans and the 2018/19 U.S. soybean export forecast has also declined since USDA’s initial forecast in May, the total reduction (about 9 million tons combined across both 2017/18 and 2018/19) is only about half the decline in China’s imports given the stronger demand for U.S. soybeans in other markets. Factoring in the larger U.S. soybean crush, in response to higher margins and demand for meal, results in even less impact of lower China demand on U.S. soybean disappearance. While overall lower U.S. soybean disappearance, resulting from reduced exports, ultimately ends up in stocks (and pressures prices), this year’s larger production -- up nearly 9 million tons from the initial forecast in May -- represents the largest share of forecast stockbuilding in 2018/19. 97 94 103 90 June Nov Change in China's Soybean Import Forecast since June (Million Tons) 2017/18 2018/19

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Page 1: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

November 2018

China Soybean Imports Lowered Imports down 16 Million Tons Since June

With a 4-million-ton cut in China’s soybean import forecast this month, projected imports

combined for both 2017/18 and 2018/19 have fallen 16 million tons since the start of trade

tensions and retaliatory tariffs. This includes 3 million tons for 2017/18 and 13 million tons for

2018/19. Imports for 2018/19 are now forecast at 90 million tons.

A portion of this decline is offset by the higher use of domestic supplies. However, most of the

decline is in response to lower protein feeding for livestock. While growth in China’s SME

(soybean meal equivalent) demand remains positive, the rate of increase has declined. A recent

announcement by a feed association advising industry to lower inclusion of protein in feed

rations could reduce demand for imported soybeans.

Since the beginning of the current trade tensions, purchases of U.S. soybeans by China have

evaporated, with many previously booked sales being canceled. The few quantities that were

shipped after the imposition of duties have either been diverted to other markets (Vietnam,

Singapore, and South Korea) or are currently languishing off the coast of China, waiting to be

discharged. With Chinese buyers showing little interest in U.S. soybeans, this month’s reduction

in the forecast in China’s imports is reflected in a similar reduction in the U.S. export forecast.

Though China is shunning U.S. beans and the 2018/19 U.S. soybean export forecast has also

declined since USDA’s initial forecast in May, the total reduction (about 9 million tons

combined across both 2017/18 and 2018/19) is only about half the decline in China’s imports

given the stronger demand for U.S. soybeans in other markets. Factoring in the larger U.S.

soybean crush, in response to higher margins and demand for meal, results in even less impact of

lower China demand on U.S. soybean disappearance. While overall lower U.S. soybean

disappearance, resulting from reduced exports, ultimately ends up in stocks (and pressures

prices), this year’s larger production -- up nearly 9 million tons from the initial forecast in May --

represents the largest share of forecast stockbuilding in 2018/19.

9794

103

90

June Nov

Change in China's Soybean Import Forecast since June(Million Tons)

2017/18 2018/19

Page 2: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

EXPORT PRICES

U.S. soybean export bids in October, FOB Gulf, averaged $325/ton, up $13 from September. In

comparison, FOB Brazil Paranagua averaged $414/ton, up $17 from September. FOB Argentina

Up River averaged $395/ton, up $15 from previous month. Export prices in the United States

continue to be lower compared to other suppliers due in part to ongoing U.S.-China trade tensions.

In addition, in the first half of October, U.S. prices saw an uptrend most likely supported by a

slowdown in harvest progress; however, in the second half of the month, prices softened, likely

pressured by favorable weather conditions during harvest and burdensome supply prospects. The

beginning of November brought a small boost to U.S. soybean prices, most likely supported by

large September crush volumes as confirmed by the NASS Grain Crushings and Co-Products

Production report.

U.S. soybean meal export bids in October, FOB Gulf, averaged $360/ton, up $3 from September.

In comparison, FOB Brazil Paranagua averaged $350/ton, up $1 from previous month. FOB

Argentina Up River averaged $341/ton, down $1. It is likely that ongoing U.S.-China trade tension

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SOYBEAN EXPORT PRICES

Argentina (Up River)

Brazil (Paranagua)

U.S. (Gulf)

OVERVIEW FOR 2018/19

Global oilseed production is forecast lower this month at 599.6 million tons. Soybean production

is down to 367.50 million tons as reductions for Argentina and the United States more than offset

gains in China, India, and Ukraine. Rapeseed production has been cut to 71.0 million tons on

reductions for China and Australia. The peanut crop is down this month following reductions for

China and the United States. Cottonseed production is down as well, following losses in India,

Pakistan, Turkmenistan, and the United States. The sunflower crop is up slightly on gains in the

European Union and Russia. Global soybean imports are down, mainly driven by China.

Soybean exports are down as projected lower exports for the United States more than offset gains

for Brazil, Russia, and Ukraine. Global soybean stocks are raised significantly this month, driven

by the United States and Argentina. The U.S. season-average farm price for soybeans is projected

unchanged at $8.60 per bushel.

Foreign Agricultural Service/USDA 2 November 2018Office of Global Analysis

Page 3: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

has reduced the incentive to crush soybeans in South America, which coupled with lower soybean

supplies in Argentina, contributes to tighter meal inventories, supporting meal prices.

Soybean oil prices have been trending lower, most likely due to larger crush and higher oil output in

Brazil. Additionally, soybean crush margins continue to be very good in the United States, boosting

oil production and consumption for both biodiesel and food. Ample stocks of palm oil in Indonesia

and Malaysia continue to pressure prices lower. Although imports by the European Union and

China have accelerated in the last few months, India’s demand has been slashed significantly.

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SOYBEAN MEAL EXPORT PRICES

Argentina (Up River)

Brazil 48% (Paranagua)

US 48% (Gulf)

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SOYBEAN AND PALM OIL EXPORT PRICES

Argentina (Up River) Soy Oil

Brazil (Paranagua) Soy Oil

USA (Gulf) Soy Oil

Indonesia Palm Oil

Malaysia Palm Oil

Foreign Agricultural Service/USDA 3 November 2018Office of Global Analysis

Page 4: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

EXPORT SALES

For the week ending November 1, U.S. 2018/19

soybean export commitments (outstanding

sales plus accumulated exports) to China totaled

977,000 tons compared to 17.1 million a year

ago. Total commitments to the world were 21.8

million tons, compared to 31.5 million for the

same period last year.

Accumulated soybean exports in the new

marketing year were at 8.6 million tons, which is

41 percent below the same period last year.

Accumulated soybean exports to China were at

407,000 tons, which is 96 percent below or 9.9

million tons less compared to last year.

Shipments to the rest of the world were 71

percent above last year’s (2.5 million tons more);

however, they have not fully offset reductions for

China.

0

5

10

15

20

25

30

2013/14 2014/15 2015/16 2016/17 2017/18 2018/19

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n T

on

s

China Unknown Rest of World

U.S. Soybean Outstanding Sales

As of November 1

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U.S. Accumulated Soybean Exports

As of November 1

China the EU Rest of World

0.0

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Mill

ion

To

ns

U.S. Soybean Weekly Exports

2015/16 2016/17

2017/18 2018/19

Foreign Agricultural Service/USDA 4 November 2018Office of Global Analysis

Page 5: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

2018/19 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

United States

Oilseed, Soybean Export 56,064 51,710 -4,354 No exports to China

Meal, Soybean Export 12,247 12,474 227 Stronger demand

Argentina

Oilseed, Soybean Import 2,220 4,200 1,980 Continued strong demand for

competitively priced soybeans

Meal, Sunflowerseed Export 850 750 -100 In line with 2017/18 adjustment

Australia Oilseed, Rapeseed Export 2,500 2,200 -300 Lower crop projection

Brazil

Oilseed, Soybean Export 75,000 77,000 2,000 Strong China demand

Oilseed, Soybean Import 350 200 -150 Reflecting weaker 2017/18 trade

Meal, Soybean Export 15,000 15,225 225 Larger exportable supplies on

higher carryin

China

Oilseed, Soybean Import 94,000 90,000 -4,000 Lack of imports from the United

States and weaker demand

Oil, Soybean Import 700 800 100

Lower soybean crush projection Oil, Palm Import 5,400 5,600 200

India

Meal, Soybean Export 1,400 1,500 100 Larger soybean production and

crush forecast.

Oil, Sunflowerseed Import 2,100 2,200 100 In line with 2017/18 adjustments

Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean

oil production forecast offsets

demand for palm oil

Japan Meal, Soybean Import 1,650 1,770 120 In line with 2017/18 adjustments

Mexico Oilseed, Soybean Import 4,900 5,000 100 In line with 2017/18 adjustments

Russia

Oilseed, Soybean Export 700 800 100 Larger sunflowerseed crop

projection and higher crush offset

soybean meal demand

Oilseed, Rapeseed Export 350 450 100 Larger crop estimate

Oil, Sunflowerseed Export 2,100 2,200 100 Larger crop projection

Ukraine Oilseed, Soybean Export 2,950 3,100 150 Larger crop estimate

Note: All figures are in thousand metric tons.

Foreign Agricultural Service/USDA 5 November 2018Office of Global Analysis

Page 6: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

2017/18 OUTLOOK CHANGES (BASED ON TRADE TO DATE)

Country Commodity Attribute Previous Current Change

Argentina

Oilseed, Soybean Import 4,000 4,765 765

Meal, Soybean Export 25,250 25,350 100

Meal, Sunflowerseed Export 825 700 -125

Oil, Sunflowerseed Export 765 600 -165

China

Meal, Soybean Export 1,000 1,100 100

Oilseed, Soybean Import 94,000 94,125 125

Oilseed, Rapeseed Import 4,600 4,460 -140

Oil, Palm Import 5,100 5,200 100

European

Union

Oil, Palm Import 6,500 6,700 200

India

Meal, Soybean Export 1,500 1,900 400

Meal, Rapeseed Export 550 850 300

Oil, Palm Import 9,500 9,000 -500

Oil, Sunflowerseed Import 2,400 2,550 150

Mexico

Oilseed, Soybean Import 4,600 4,873 273

Meal, Soybean Import 2,000 1,818 -182

Ukraine Meal, Sunfloweseed Export 4,350 4,238 -112

Note: All figures are in thousand metric tons.

Foreign Agricultural Service/USDA 6 November 2018Office of Global Analysis

Page 7: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Questions may be directed to:

Bill George (202) 720-6234 [email protected] (or [email protected])

Agata Kingsbury (202) 260-8910 [email protected] (or [email protected])

Ben Boroughs (202) 378-1062 [email protected] (or [email protected])

To download the tables in the publication, go to the Production, Supply and Distribution Database

(PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click

the plus sign [+] next to Oilseeds.

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD)

database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and

Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

FAS Reports and Databases:

Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

Archives World Markets and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/

Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops

National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Foreign Agricultural Service/USDA 7 November 2018Office of Global Analysis

Page 8: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

List of Tables

SUMMARY TABLES

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

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

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

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

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

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

COMMODITY TABLES

Table 07 Soybeans: World Supply and Distribution

Table 08 Soybean Meal: World Supply and Distribution

Table 09 Soybean Oil: World Supply and Distribution

Table 10 Soybeans and Products: World Trade

Table 11 Palm Oil: World Supply and Distribution

Table 12 Rapeseed and Products: World Supply and Distribution

Table 13 Sunflowerseed and Products: World Supply and Distribution

Table 14 Minor Vegetable Oils: World Supply and Distribution

HISTORICAL TABLES

Table 15 World Oilseeds and Products Supply and Distribution

Table 16 World Soybeans and Products Supply and Distribution

Table 17 World Rapeseed and Products Supply and Distribution

Table 18 World Sunflowerseed and Products Supply and Distribution

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

COUNTRY TABLES

Table 20 United States Oilseeds and Products Supply and Distribution Local Marketing Years

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

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

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

Table 24 South East Asia Oilseeds and Products Supply and Distribution

Table 25 Middle East Oilseeds and Products Supply and Distribution

Table 26 European Union Oilseeds and Products Supply and Distribution

Table 27 China Oilseeds and Products Supply and Distribution

Table 28 India Oilseeds and Products Supply and Distribution

PRICES

Table 29 Oilseed Prices

Table 30 Protein Meal Prices

Table 31 Vegetable Oil Prices

Foreign Agricultural Service/USDA 8 November 2018Office of Global Analysis

Page 9: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

5.42 Oilseed, Copra 5.32 5.51 5.73 5.83 5.83

44.36 Oilseed, Cottonseed 35.76 39.08 45.15 44.76 43.83

16.57 Oilseed, Palm Kernel 15.96 17.36 18.40 19.11 19.11

41.55 Oilseed, Peanut 41.23 44.15 44.91 42.89 41.95

70.43 Oilseed, Rapeseed 68.74 69.44 74.03 72.13 70.92

320.57 Oilseed, Soybean 316.24 348.95 338.57 369.48 367.50

39.19 Oilseed, Sunflowerseed 40.54 48.01 47.41 49.76 50.44

538.08 Total 523.79 572.50 574.19 603.95 599.57

none

Imports none

0.10 Oilseed, Copra 0.13 0.11 0.12 0.10 0.10

0.68 Oilseed, Cottonseed 0.68 0.97 0.84 0.88 0.83

0.07 Oilseed, Palm Kernel 0.06 0.06 0.07 0.07 0.07

2.52 Oilseed, Peanut 3.31 3.12 3.14 3.29 3.25

14.32 Oilseed, Rapeseed 14.15 15.66 15.20 16.85 16.78

124.36 Oilseed, Soybean 133.33 144.35 153.68 154.32 152.27

1.56 Oilseed, Sunflowerseed 1.87 2.17 2.11 2.06 2.03

143.60 Total 153.52 166.44 175.15 177.57 175.33

none

Exports none

0.11 Oilseed, Copra 0.13 0.14 0.13 0.14 0.14

0.72 Oilseed, Cottonseed 0.71 0.88 0.97 0.84 0.84

0.04 Oilseed, Palm Kernel 0.04 0.08 0.05 0.05 0.05

3.33 Oilseed, Peanut 3.54 3.74 3.68 3.53 3.53

15.11 Oilseed, Rapeseed 14.35 15.80 16.35 17.46 17.21

126.23 Oilseed, Soybean 132.57 147.39 153.19 157.40 155.44

1.66 Oilseed, Sunflowerseed 2.01 2.44 2.48 2.31 2.31

147.19 Total 153.35 170.47 176.84 181.73 179.51

none

Crush none

5.38 Oilseed, Copra 5.30 5.45 5.70 5.78 5.78

33.79 Oilseed, Cottonseed 28.37 29.18 34.09 34.77 34.37

16.51 Oilseed, Palm Kernel 15.88 17.22 18.33 19.02 19.02

16.62 Oilseed, Peanut 16.73 17.79 18.27 17.90 17.23

67.10 Oilseed, Rapeseed 66.72 67.35 67.88 68.97 68.06

264.74 Oilseed, Soybean 275.00 287.22 294.87 308.20 307.60

35.64 Oilseed, Sunflowerseed 36.64 43.07 43.28 45.41 45.79

439.77 Total 444.64 467.29 482.40 500.05 497.85

none

Ending Stocks none

0.10 Oilseed, Copra 0.08 0.07 0.07 0.07 0.07

1.66 Oilseed, Cottonseed 0.87 1.37 1.81 1.57 1.34

0.26 Oilseed, Palm Kernel 0.24 0.24 0.22 0.21 0.21

4.26 Oilseed, Peanut 3.54 3.74 3.88 2.82 2.72

7.26 Oilseed, Rapeseed 6.16 5.07 6.76 6.20 6.17

78.62 Oilseed, Soybean 80.86 97.39 99.69 110.04 112.08

2.90 Oilseed, Sunflowerseed 2.65 3.37 3.14 2.90 3.62

95.06 Total 94.40 111.25 115.56 123.80 126.20

Totals may not add due to rounding

Foreign Agricultural Service/USDA 9 November 2018Office of Global Analysis

Page 10: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

1.80 Meal, Copra 1.77 1.81 1.92 1.93 1.93

15.52 Meal, Cottonseed 13.07 13.43 15.71 16.03 15.85

4.69 Meal, Fish 4.51 4.89 4.83 4.71 4.71

8.53 Meal, Palm Kernel 8.21 8.86 9.57 9.89 9.89

6.61 Meal, Peanut 6.64 7.09 7.28 7.12 6.85

38.72 Meal, Rapeseed 38.61 38.77 39.07 39.92 39.29

208.46 Meal, Soybean 215.82 225.39 232.02 242.38 241.88

16.17 Meal, Sunflowerseed 16.50 19.35 19.58 20.50 20.67

300.48 Total 305.12 319.58 329.97 342.47 341.06

none

Imports none

0.67 Meal, Copra 0.56 0.47 0.55 0.53 0.55

0.25 Meal, Cottonseed 0.21 0.24 0.25 0.22 0.24

2.50 Meal, Fish 2.46 3.06 2.63 2.55 2.55

6.83 Meal, Palm Kernel 6.41 7.58 7.66 7.71 7.71

0.03 Meal, Peanut 0.02 0.13 0.02 0.07 0.03

5.99 Meal, Rapeseed 5.70 5.89 6.11 6.11 6.13

60.69 Meal, Soybean 61.87 60.49 60.12 62.15 62.23

5.53 Meal, Sunflowerseed 5.95 6.95 7.10 7.09 7.04

82.49 Total 83.19 84.80 84.44 86.43 86.48

none

Exports none

0.73 Meal, Copra 0.59 0.48 0.61 0.60 0.60

0.32 Meal, Cottonseed 0.25 0.34 0.38 0.37 0.36

2.28 Meal, Fish 2.21 2.53 2.46 2.37 2.37

6.63 Meal, Palm Kernel 6.45 6.73 7.01 7.28 7.28

0.05 Meal, Peanut 0.05 0.16 0.10 0.09 0.09

6.07 Meal, Rapeseed 5.69 6.03 6.35 6.09 6.12

64.41 Meal, Soybean 65.50 64.48 64.27 65.69 66.21

5.87 Meal, Sunflowerseed 6.23 7.44 6.82 7.21 7.11

86.36 Total 86.98 88.18 88.00 89.70 90.14

none

Domestic Consumption none

1.72 Meal, Copra 1.73 1.78 1.84 1.85 1.87

15.46 Meal, Cottonseed 13.18 13.31 15.56 15.89 15.74

4.87 Meal, Fish 4.75 5.43 4.99 4.89 4.89

8.71 Meal, Palm Kernel 8.33 9.67 10.06 10.16 10.16

6.58 Meal, Peanut 6.58 7.09 7.21 7.09 6.79

38.59 Meal, Rapeseed 38.50 38.69 39.24 40.03 39.16

201.57 Meal, Soybean 213.03 221.74 228.44 238.82 238.10

15.58 Meal, Sunflowerseed 16.18 19.12 19.80 20.47 20.64

293.08 Total 302.29 316.82 327.14 339.21 337.34

none

Ending Stocks none

0.13 Meal, Copra 0.13 0.15 0.16 0.17 0.17

0.22 Meal, Cottonseed 0.07 0.09 0.10 0.09 0.09

0.26 Meal, Fish 0.27 0.26 0.28 0.28 0.28

0.58 Meal, Palm Kernel 0.41 0.44 0.61 0.77 0.77

0.03 Meal, Peanut 0.06 0.03 0.03 0.03 0.03

0.98 Meal, Rapeseed 1.10 1.03 0.62 0.77 0.76

14.04 Meal, Soybean 13.21 12.87 12.30 12.01 12.10

1.66 Meal, Sunflowerseed 1.69 1.43 1.49 1.31 1.44

17.89 Total 16.94 16.31 15.58 15.41 15.64

Totals may not add due to rounding

Foreign Agricultural Service/USDA 10 November 2018Office of Global Analysis

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

3.37 Oil, Coconut 3.32 3.39 3.54 3.60 3.60

5.12 Oil, Cottonseed 4.29 4.42 5.16 5.28 5.22

2.40 Oil, Olive 3.13 2.48 3.25 3.15 3.10

61.75 Oil, Palm 58.89 65.26 69.28 72.26 72.26

7.32 Oil, Palm Kernel 7.00 7.63 8.17 8.39 8.39

5.38 Oil, Peanut 5.42 5.77 5.92 5.79 5.58

27.41 Oil, Rapeseed 27.34 27.54 27.88 28.22 27.85

49.29 Oil, Soybean 51.53 53.68 55.17 57.54 57.44

14.97 Oil, Sunflowerseed 15.38 18.18 18.21 19.10 19.26

177.00 Total 176.29 188.34 196.59 203.33 202.69

none

Imports none

1.82 Oil, Coconut 1.61 1.51 1.55 1.46 1.50

0.07 Oil, Cottonseed 0.05 0.05 0.05 0.04 0.04

0.90 Oil, Olive 0.79 0.79 0.91 0.87 0.88

44.47 Oil, Palm 42.45 45.49 45.85 48.60 48.68

3.06 Oil, Palm Kernel 2.64 2.69 2.70 2.72 2.73

0.25 Oil, Peanut 0.25 0.23 0.24 0.23 0.23

3.95 Oil, Rapeseed 4.13 4.39 4.53 4.69 4.72

10.04 Oil, Soybean 11.64 10.84 9.77 10.59 10.69

6.18 Oil, Sunflowerseed 7.02 8.92 8.49 8.47 8.51

70.73 Total 70.58 74.89 74.09 77.67 77.97

none

Exports none

1.94 Oil, Coconut 1.58 1.89 1.68 1.69 1.69

0.14 Oil, Cottonseed 0.06 0.07 0.09 0.08 0.08

0.99 Oil, Olive 0.87 0.88 1.00 0.99 0.97

47.41 Oil, Palm 43.79 48.92 48.75 51.79 51.79

3.24 Oil, Palm Kernel 3.02 3.08 3.24 3.25 3.25

0.26 Oil, Peanut 0.26 0.27 0.28 0.28 0.28

4.07 Oil, Rapeseed 4.17 4.52 4.61 4.74 4.81

11.12 Oil, Soybean 11.77 11.25 10.36 11.14 11.21

7.38 Oil, Sunflowerseed 8.10 10.41 9.64 9.79 9.84

76.55 Total 73.62 81.28 79.65 83.75 83.91

none

Domestic Consumption none

3.29 Oil, Coconut 3.25 3.12 3.29 3.27 3.31

5.06 Oil, Cottonseed 4.40 4.39 5.12 5.27 5.18

2.65 Oil, Olive 2.81 2.59 2.87 3.05 3.06

57.91 Oil, Palm 59.31 61.50 64.94 68.80 68.77

7.21 Oil, Palm Kernel 6.81 7.16 7.51 7.83 7.84

5.37 Oil, Peanut 5.40 5.63 5.90 5.79 5.53

27.04 Oil, Rapeseed 28.18 28.90 28.67 28.56 27.98

47.73 Oil, Soybean 52.08 53.34 54.60 56.71 56.98

14.11 Oil, Sunflowerseed 15.22 16.57 17.62 17.56 17.65

170.38 Total 177.46 183.17 190.51 196.83 196.30

none

Ending Stocks none

0.29 Oil, Coconut 0.40 0.30 0.42 0.52 0.51

0.22 Oil, Cottonseed 0.10 0.11 0.12 0.12 0.12

0.31 Oil, Olive 0.53 0.34 0.63 0.60 0.57

9.91 Oil, Palm 8.15 8.48 9.92 9.93 10.30

0.86 Oil, Palm Kernel 0.68 0.75 0.88 0.90 0.90

0.24 Oil, Peanut 0.25 0.34 0.32 0.32 0.32

6.52 Oil, Rapeseed 5.64 4.15 3.29 3.40 3.07

4.47 Oil, Soybean 3.79 3.73 3.70 3.64 3.64

2.61 Oil, Sunflowerseed 1.68 1.81 1.25 1.53 1.54

25.43 Total 21.22 20.00 20.51 20.96 20.96

Totals may not add due to rounding

Foreign Agricultural Service/USDA 11 November 2018Office of Global Analysis

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

116.03 United States 115.88 126.94 131.50 138.38 135.45

100.15 Brazil 99.02 117.59 123.61 124.59 124.59

66.31 Argentina 63.10 60.16 42.52 61.99 60.38

56.75 China 53.48 54.92 59.49 60.80 59.90

32.28 India 29.37 37.05 34.76 34.86 35.21

166.55 Other 162.94 175.84 182.32 183.33 184.05

538.08 Total 523.79 572.50 574.19 603.95 599.57

Imports none

83.15 China 87.93 98.42 99.08 100.25 96.22

17.35 European Union 19.86 19.28 20.47 21.76 21.74

5.73 Mexico 5.82 6.03 6.83 6.82 6.92

5.70 Japan 5.78 5.79 5.86 6.06 5.98

0.00 Argentina 0.68 1.67 4.77 2.22 4.20

2.01 Egypt 1.37 2.18 3.34 3.37 3.37

2.25 Indonesia 2.52 3.00 3.06 3.27 3.27

1.67 Pakistan 2.62 2.76 3.11 3.26 3.26

2.51 Thailand 2.91 3.19 2.59 3.31 3.26

3.12 Turkey 2.98 3.01 3.30 3.14 3.14

20.10 Other 21.05 21.12 22.77 24.11 23.98

143.60 Total 153.52 166.44 175.15 177.57 175.33

Exports none

50.85 Brazil 54.65 63.37 76.47 75.28 77.28

51.11 United States 53.97 60.08 59.19 57.20 52.85

13.01 Canada 14.55 15.64 15.75 17.13 17.13

11.56 Argentina 11.21 7.88 2.96 8.87 8.86

4.62 Paraguay 5.41 6.13 6.25 5.91 5.91

4.43 Ukraine 3.89 4.13 4.91 5.60 5.70

3.11 Uruguay 2.12 3.22 1.25 2.42 2.42

8.49 Other 7.56 10.01 10.07 9.33 9.37

147.19 Total 153.35 170.47 176.84 181.73 179.51

Crush none

111.60 China 116.50 122.62 127.50 133.35 130.70

55.11 United States 55.06 56.26 60.18 60.85 61.05

47.84 European Union 46.74 46.67 48.23 48.63 48.73

43.39 Argentina 46.37 46.73 40.46 46.89 46.72

42.94 Brazil 41.85 42.91 47.81 46.17 46.17

25.15 India 22.70 27.60 27.17 27.63 27.88

13.08 Russia 13.59 15.40 15.80 16.95 17.30

11.45 Ukraine 12.93 15.58 14.86 15.50 15.55

10.25 Indonesia 10.02 10.98 11.58 11.95 11.95

9.06 Canada 10.25 11.05 11.21 11.35 11.35

6.41 Mexico 6.49 6.73 7.59 7.59 7.69

5.96 Pakistan 5.58 5.88 6.46 6.90 6.60

5.56 Malaysia 5.21 5.38 5.64 5.91 5.91

4.30 Turkey 3.68 4.05 4.68 5.05 5.05

4.66 Japan 4.73 4.86 4.73 4.88 4.83

43.03 Other 42.95 44.61 48.53 50.47 50.38

439.77 Total 444.64 467.29 482.40 500.05 497.85

Ending Stocks none

33.42 Argentina 34.86 37.18 36.03 37.50 39.73

6.76 United States 6.87 9.60 13.83 25.91 27.66

19.31 Brazil 18.86 26.92 23.73 23.03 21.43

18.86 China 18.34 21.92 24.75 22.01 21.05

3.85 European Union 3.88 2.76 4.07 3.80 3.97

12.85 Other 11.60 12.87 13.16 11.56 12.36

95.06 Total 94.40 111.25 115.56 123.80 126.20

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

Foreign Agricultural Service/USDA 12 November 2018Office of Global Analysis

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

78.22 China 82.73 87.67 90.57 94.74 93.00

43.21 United States 42.78 43.11 47.02 46.92 47.07

32.48 Brazil 31.74 32.46 36.02 34.74 34.74

32.29 Argentina 34.51 34.72 29.50 34.71 34.64

30.63 European Union 30.16 30.00 30.99 31.57 31.62

83.65 Other 83.20 91.62 95.87 99.79 99.98

300.48 Total 305.12 319.58 329.97 342.47 341.06

Imports none

25.82 European Union 25.41 24.97 24.40 24.75 24.75

4.97 Vietnam 5.71 5.67 5.49 5.70 5.70

4.04 Indonesia 4.30 4.35 4.49 4.70 4.70

3.87 United States 4.08 3.92 3.75 3.79 3.79

3.65 Thailand 2.98 3.32 3.75 3.41 3.46

3.42 Korea, South 3.39 3.03 3.23 3.22 3.27

2.31 Japan 2.60 2.93 3.14 3.13 3.25

34.39 Other 34.73 36.60 36.19 37.72 37.55

82.49 Total 83.19 84.80 84.44 86.43 86.48

Exports none

29.19 Argentina 31.09 32.13 26.11 30.70 30.60

14.29 Brazil 15.41 13.76 16.07 15.00 15.23

12.14 United States 11.18 10.83 13.75 12.62 12.84

3.74 Ukraine 4.35 5.19 4.67 5.07 5.15

3.86 Canada 4.44 4.98 4.89 5.06 5.06

4.28 Indonesia 4.12 4.51 4.79 4.89 4.89

2.59 Paraguay 2.56 2.41 2.43 2.58 2.58

16.27 Other 13.84 14.38 15.29 13.78 13.79

86.36 Total 86.98 88.18 88.00 89.70 90.14

Domestic Consumption none

78.39 China 82.51 89.69 92.62 96.66 94.88

54.24 European Union 54.30 54.43 54.33 55.28 55.33

34.94 United States 35.69 36.08 36.86 38.09 38.12

16.88 Brazil 17.46 18.12 19.22 19.77 19.77

12.16 India 12.88 13.70 14.17 14.98 14.64

5.32 Russia 5.87 6.62 7.24 7.90 8.00

6.37 Mexico 6.97 7.06 7.30 7.52 7.55

5.85 Vietnam 6.47 6.84 7.07 7.29 7.29

5.54 Japan 5.87 6.29 6.43 6.49 6.59

4.90 Indonesia 5.15 5.31 5.47 5.64 5.64

68.49 Other 69.12 72.68 76.43 79.60 79.54

293.08 Total 302.29 316.82 327.14 339.21 337.34

SME none

73.52 China 77.93 85.13 87.48 91.15 89.53

46.36 European Union 46.60 46.56 46.45 47.48 47.51

33.56 United States 34.28 34.65 35.53 36.70 36.73

16.64 Brazil 17.26 17.88 18.91 19.44 19.44

10.62 India 11.00 11.74 12.13 12.80 12.58

5.97 Mexico 6.57 6.66 6.90 7.10 7.14

5.63 Vietnam 6.23 6.55 6.79 7.01 7.01

75.15 Other 77.01 80.38 84.26 88.10 88.17

267.45 Total 276.90 289.55 298.45 309.77 308.10

Ending Stocks none

3.82 Brazil 2.72 3.33 4.07 3.58 3.84

4.26 Argentina 4.34 3.39 3.06 3.46 3.13

0.54 Indonesia 0.57 0.55 0.60 0.77 0.77

0.58 Ukraine 0.58 0.59 0.84 0.64 0.75

1.76 European Union 1.84 1.06 0.69 0.65 0.66

6.93 Other 6.89 7.40 6.33 6.31 6.48

17.89 Total 16.94 16.31 15.58 15.41 15.64

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

Foreign Agricultural Service/USDA 13 November 2018Office of Global Analysis

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

Million Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

37.78 Indonesia 36.68 41.10 43.83 45.97 45.97

24.86 China 25.78 26.76 27.75 29.24 28.46

22.27 Malaysia 19.85 21.13 22.13 23.00 23.00

18.08 European Union 18.42 17.94 18.90 18.74 18.78

10.94 United States 11.21 11.43 12.11 12.26 12.32

8.97 Argentina 9.69 9.82 8.76 10.00 9.91

8.65 Brazil 8.46 8.73 9.68 9.38 9.38

45.45 Other 46.20 51.44 53.44 54.75 54.87

177.00 Total 176.29 188.34 196.59 203.33 202.69

Imports none

14.14 India 15.11 15.43 14.96 16.51 16.51

9.88 European Union 10.06 10.92 10.20 9.94 9.90

8.63 China 7.77 8.00 8.39 8.87 9.22

4.23 United States 4.53 4.73 4.79 4.99 4.96

2.98 Pakistan 2.91 3.28 3.19 3.35 3.35

1.79 Bangladesh 2.15 2.15 2.28 2.43 2.43

2.25 Egypt 2.04 2.16 1.96 2.03 2.03

0.87 Philippines 1.05 1.30 1.21 1.31 1.31

1.53 Turkey 1.41 1.50 1.25 1.30 1.30

1.14 Iran 0.99 1.28 1.12 1.19 1.20

23.30 Other 22.56 24.14 24.76 25.76 25.76

70.73 Total 70.58 74.89 74.09 77.67 77.97

Exports none

28.51 Indonesia 25.19 29.86 29.32 30.82 30.82

18.87 Malaysia 17.90 17.47 17.69 19.10 19.10

5.72 Argentina 6.41 6.28 4.86 5.96 5.88

4.12 Ukraine 4.81 6.11 5.60 5.83 5.85

2.54 Canada 2.93 3.32 3.33 3.36 3.36

2.23 Russia 2.23 2.98 3.20 3.13 3.26

2.48 European Union 2.48 2.42 2.46 2.57 2.58

12.08 Other 11.66 12.84 13.19 12.99 13.07

76.55 Total 73.62 81.28 79.65 83.75 83.91

Domestic Consumption none

33.60 China 34.72 35.73 36.78 38.21 37.76

25.81 European Union 26.06 26.41 26.29 26.09 26.12

19.88 India 20.99 22.02 22.57 23.10 23.07

13.68 United States 14.57 14.72 15.54 16.04 15.96

9.60 Indonesia 11.75 11.95 13.48 14.51 14.51

7.47 Brazil 7.50 7.88 8.40 8.59 8.59

4.57 Malaysia 4.54 4.31 4.81 5.19 5.19

4.15 Pakistan 4.25 4.45 4.52 4.71 4.71

3.11 Argentina 3.56 3.71 3.89 4.02 4.02

3.24 Russia 3.31 3.40 3.48 3.59 3.59

2.49 Thailand 2.44 2.70 2.98 3.11 3.09

2.56 Mexico 2.65 2.72 2.82 2.90 2.91

2.08 Bangladesh 2.37 2.49 2.64 2.80 2.80

2.48 Egypt 2.47 2.50 2.55 2.62 2.62

2.36 Japan 2.36 2.42 2.44 2.56 2.54

33.33 Other 33.92 35.79 37.33 38.79 38.81

170.38 Total 177.46 183.17 190.51 196.83 196.30

Ending Stocks none

2.72 Indonesia 2.50 1.84 2.91 3.59 3.59

2.96 Malaysia 1.73 2.17 3.05 2.95 2.95

5.93 China 4.65 3.52 2.68 2.44 2.41

1.86 European Union 1.79 1.83 2.17 1.99 2.15

1.93 India 1.76 2.08 1.23 1.63 1.47

10.03 Other 8.78 8.57 8.47 8.38 8.40

25.43 Total 21.22 20.00 20.51 20.96 20.96

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

Foreign Agricultural Service/USDA 14 November 2018Office of Global Analysis

Page 15: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

106,878 United States 106,857 116,920 120,039 127,631 125,179

97,200 Brazil 96,500 114,600 119,800 120,500 120,500

61,450 Argentina 58,800 55,000 37,800 57,000 55,500

12,690 China 12,360 13,644 15,200 15,000 16,000

8,711 India 6,929 10,992 8,350 10,350 11,000

8,154 Paraguay 9,217 10,336 9,810 9,800 9,800

6,045 Canada 6,456 6,597 7,717 7,500 7,500

19,437 Other 19,123 20,857 19,851 21,698 22,018

320,565 Total 316,242 348,946 338,567 369,479 367,497

Imports none

78,350 China 83,230 93,495 94,125 94,000 90,000

13,914 European Union 15,120 13,422 15,000 15,800 15,800

3,819 Mexico 4,126 4,126 4,873 4,900 5,000

2 Argentina 676 1,674 4,765 2,220 4,200

1,947 Egypt 1,300 2,115 3,250 3,300 3,300

3,004 Japan 3,186 3,175 3,256 3,300 3,300

2,411 Thailand 2,798 3,078 2,482 3,200 3,150

2,006 Indonesia 2,274 2,649 2,700 2,900 2,900

1,311 Iran 1,864 1,914 2,559 2,600 2,650

2,197 Turkey 2,283 2,271 2,600 2,600 2,600

15,401 Other 16,476 16,434 18,066 19,499 19,370

124,362 Total 133,333 144,353 153,676 154,319 152,270

Exports none

50,612 Brazil 54,383 63,137 76,193 75,000 77,000

50,136 United States 52,870 58,960 57,945 56,064 51,710

10,575 Argentina 9,922 7,026 2,112 8,000 8,000

4,576 Paraguay 5,400 6,129 6,250 5,900 5,900

3,763 Canada 4,236 4,592 4,925 5,500 5,500

6,564 Other 5,760 7,544 5,766 6,939 7,329

126,226 Total 132,571 147,388 153,191 157,403 155,439

Crush none

74,500 China 81,500 88,000 90,000 93,500 92,500

50,975 United States 51,335 51,742 55,926 56,336 56,608

40,235 Argentina 43,267 43,309 36,984 43,000 43,000

40,435 Brazil 39,747 40,411 44,600 42,700 42,700

14,450 European Union 14,950 14,400 15,000 16,600 16,600

7,700 India 5,500 9,000 7,700 9,000 9,200

4,175 Mexico 4,400 4,600 5,250 5,200 5,300

3,600 Russia 4,000 4,400 4,600 5,100 5,000

3,700 Paraguay 3,800 3,750 3,700 3,950 3,950

1,950 Egypt 1,150 2,200 3,200 3,300 3,300

1,450 Iran 1,950 2,050 2,700 2,750 2,800

500 Pakistan 1,250 1,680 2,300 2,400 2,400

2,150 Japan 2,283 2,392 2,350 2,350 2,350

2,450 Bolivia 2,550 2,050 2,350 2,350 2,250

1,980 Taiwan 1,980 2,045 2,080 2,100 2,100

14,486 Other 15,336 15,190 16,127 17,565 17,546

264,736 Total 274,998 287,219 294,867 308,201 307,604

Ending Stocks none

31,750 Argentina 33,650 35,464 34,239 36,270 38,019

5,188 United States 5,354 8,208 11,923 24,088 25,995

19,178 Brazil 18,758 26,812 23,550 22,850 21,250

17,562 China 17,138 20,663 23,538 20,756 19,838

843 European Union 1,559 1,131 1,873 1,823 1,823

4,100 Other 4,396 5,114 4,565 4,257 5,155

78,621 Total 80,855 97,392 99,688 110,044 112,080

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 Jan/Dec MY.

Foreign Agricultural Service/USDA 15 November 2018Office of Global Analysis

Page 16: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

59,004 China 64,548 69,696 71,280 74,052 73,260

40,880 United States 40,525 40,630 44,648 44,407 44,586

31,300 Brazil 30,750 31,280 34,500 33,100 33,100

30,928 Argentina 33,211 33,280 28,010 33,050 33,050

11,416 European Union 11,811 11,376 11,850 13,114 13,114

6,160 India 4,400 7,200 6,160 7,200 7,360

3,300 Mexico 3,480 3,635 4,152 4,108 4,192

25,475 Other 27,098 28,293 31,422 33,348 33,217

208,463 Total 215,823 225,390 232,022 242,379 241,879

Imports none

19,623 European Union 19,213 18,869 18,400 18,500 18,500

4,311 Vietnam 5,094 4,945 4,800 5,000 5,000

3,902 Indonesia 4,203 4,255 4,400 4,600 4,600

3,068 Thailand 2,433 2,782 3,191 2,850 2,900

2,204 Philippines 2,618 2,662 2,750 2,850 2,850

1,795 Mexico 2,367 1,991 1,818 2,070 2,000

1,751 Korea, South 2,118 1,764 1,846 1,870 1,870

1,699 Japan 1,721 1,621 1,728 1,650 1,770

1,148 Colombia 1,206 1,284 1,425 1,500 1,500

1,465 Malaysia 1,291 1,427 1,525 1,500 1,500

19,719 Other 19,610 18,887 18,237 19,761 19,737

60,685 Total 61,874 60,487 60,120 62,151 62,227

Exports none

28,575 Argentina 30,333 31,323 25,350 29,800 29,800

14,290 Brazil 15,407 13,762 16,074 15,000 15,225

11,891 United States 10,844 10,505 13,450 12,247 12,474

2,569 Paraguay 2,552 2,407 2,430 2,580 2,580

1,521 India 409 2,008 1,900 1,400 1,500

5,559 Other 5,958 4,471 5,068 4,659 4,630

64,405 Total 65,503 64,476 64,272 65,686 66,209

Domestic Consumption none

57,467 China 62,663 68,646 70,300 73,182 72,390

29,282 United States 30,044 30,318 31,508 32,478 32,524

30,142 European Union 30,742 30,292 30,042 31,342 31,342

15,700 Brazil 16,470 16,943 17,700 18,130 18,131

5,050 Mexico 5,700 5,770 5,950 6,150 6,170

4,750 Vietnam 5,470 5,740 5,990 6,170 6,170

4,500 India 4,460 4,750 4,750 5,740 5,650

4,000 Indonesia 4,200 4,264 4,450 4,600 4,600

4,100 Thailand 4,230 4,232 4,250 4,350 4,350

2,700 Russia 3,100 3,250 3,600 4,000 3,930

3,365 Japan 3,460 3,420 3,505 3,420 3,540

2,650 Egypt 2,850 2,980 3,150 3,425 3,425

3,000 Iran 3,080 3,180 3,300 3,380 3,425

2,402 Argentina 2,672 2,853 2,995 3,185 3,185

2,400 Philippines 2,600 2,720 2,850 2,950 2,950

30,060 Other 31,287 32,379 34,104 36,321 36,313

201,568 Total 213,028 221,737 228,444 238,823 238,095

Ending Stocks none

3,812 Brazil 2,710 3,320 4,065 3,576 3,835

4,025 Argentina 4,231 3,335 3,000 3,400 3,065

236 United States 239 363 502 363 408

553 India 130 583 108 283 333

270 Vietnam 550 493 314 253 253

5,148 Other 5,350 4,780 4,311 4,136 4,208

14,044 Total 13,210 12,874 12,300 12,011 12,102

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, Vietnam and the Philippines are on a January/December MY and Bolivia is on a

March/February MY.

Foreign Agricultural Service/USDA 16 November 2018Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

13,350 China 14,605 15,770 16,128 16,755 16,576

9,706 United States 9,956 10,035 10,781 10,845 10,898

7,687 Argentina 8,433 8,395 7,310 8,390 8,390

7,759 Brazil 7,627 7,755 8,560 8,195 8,195

2,746 European Union 2,841 2,736 2,850 3,154 3,154

1,386 India 990 1,620 1,386 1,620 1,656

745 Mexico 785 820 937 930 946

5,906 Other 6,289 6,553 7,216 7,653 7,624

49,285 Total 51,526 53,684 55,168 57,542 57,439

Imports none

2,815 India 4,269 3,534 3,000 3,400 3,400

773 China 586 711 510 700 800

508 Bangladesh 639 830 780 780 780

631 Algeria 732 667 720 760 760

432 Morocco 465 497 500 515 515

395 Peru 382 449 400 435 435

304 Colombia 372 352 355 375 375

257 Korea, South 250 306 276 300 300

480 Egypt 674 246 245 250 250

421 Iran 299 257 213 250 250

3,019 Other 2,971 2,989 2,768 2,820 2,828

10,035 Total 11,639 10,838 9,767 10,585 10,693

Exports none

5,094 Argentina 5,698 5,387 4,133 5,100 5,100

1,510 Brazil 1,550 1,241 1,511 1,275 1,350

1,010 European Union 915 831 900 1,000 1,000

914 United States 1,017 1,159 1,110 998 998

699 Paraguay 709 680 670 710 710

423 Russia 431 529 535 600 585

392 Bolivia 444 236 350 340 320

1,076 Other 1,005 1,184 1,149 1,113 1,148

11,118 Total 11,769 11,247 10,358 11,136 11,211

Domestic Consumption none

14,200 China 15,350 16,350 16,550 17,300 17,400

8,600 United States 9,145 9,010 9,696 10,024 10,070

6,215 Brazil 6,290 6,570 6,940 7,035 7,035

4,100 India 5,250 5,200 4,620 4,800 4,900

2,401 Argentina 2,840 2,985 3,155 3,268 3,275

2,040 European Union 2,285 2,205 2,225 2,255 2,255

961 Mexico 1,020 1,050 1,080 1,160 1,170

668 Bangladesh 785 1,005 990 1,000 1,000

752 Egypt 960 610 760 810 810

640 Algeria 700 710 710 750 750

660 Iran 680 700 720 720 740

242 Pakistan 415 470 490 525 525

450 Morocco 480 470 495 515 515

435 Korea, South 440 450 470 495 490

421 Japan 451 470 465 455 465

4,942 Other 4,990 5,084 5,235 5,599 5,584

47,727 Total 52,081 53,339 54,601 56,711 56,984

Ending Stocks none

841 United States 765 776 903 960 869

912 China 657 670 618 459 469

468 India 474 424 186 411 337

365 Argentina 260 283 305 280 320

435 Brazil 287 291 445 211 305

1,453 Other 1,346 1,281 1,244 1,318 1,338

4,474 Total 3,789 3,725 3,701 3,639 3,638

Most countries are on an October/September Marketing Year (MY). Mexico is on a September/August MY. Paraguay and Peru are

on an January/December MY and Bolivia is on a March/February MY.

Foreign Agricultural Service/USDA 17 November 2018Office of Global Analysis

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Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Exports

North America 10,809 13,822 12,839 1,358 1,293 1,173 63,552 62,870 57,210

Canada (Aug-Jul) 291 357 350 175 157 150 4,592 4,925 5,500

United States (Oct-Sep) 10,505 13,450 12,474 1,159 1,110 998 58,960 57,945 51,710

South America 48,766 45,415 49,065 7,555 6,676 7,492 79,537 85,822 93,343

Argentina (Oct-Sep) 31,323 25,350 29,800 5,387 4,133 5,100 7,026 2,112 8,000

Brazil (Oct-Sep) 13,762 16,074 15,225 1,241 1,511 1,350 63,137 76,193 77,000

Paraguay (Jan-Dec) 2,407 2,430 2,580 680 670 710 6,129 6,250 5,900

South Asia 2,021 1,907 1,508 4 4 5 269 215 250

India (Oct-Sep) 2,008 1,900 1,500 4 4 5 269 215 250

Other 2,880 3,128 2,797 2,330 2,385 2,541 4,030 4,284 4,636

World Total 64,476 64,272 66,209 11,247 10,358 11,211 147,388 153,191 155,439

Imports

European Union (Oct-Sep) 18,869 18,400 18,500 285 280 200 13,422 15,000 15,800

East Asia 3,502 3,762 3,747 1,145 910 1,237 100,525 101,189 97,232

China (Oct-Sep) 61 120 30 711 510 800 93,495 94,125 90,000

Japan (Oct-Sep) 1,621 1,728 1,770 5 7 9 3,175 3,256 3,300

Korea, South (Oct-Sep) 1,764 1,846 1,870 306 276 300 1,286 1,256 1,350

Taiwan (Oct-Sep) 33 38 42 0 0 0 2,566 2,550 2,580

Southeast Asia 16,097 16,692 16,876 273 258 288 8,409 8,102 9,341

Indonesia (Oct-Sep) 4,255 4,400 4,600 23 23 23 2,649 2,700 2,900

Malaysia (Oct-Sep) 1,427 1,525 1,500 138 120 120 768 850 880

Philippines (Jan-Dec) 2,662 2,750 2,850 56 45 47 248 200 240

Thailand (Sep-Aug) 2,782 3,191 2,900 8 0 8 3,078 2,482 3,150

Vietnam (Jan-Dec) 4,945 4,800 5,000 30 50 70 1,646 1,850 2,150

North America 3,129 3,289 3,298 423 368 401 5,218 5,954 6,260

Canada (Aug-Jul) 821 1,022 980 23 21 25 486 487 580

Mexico (Sep-Aug) 1,991 1,818 2,000 255 195 240 4,126 4,873 5,000

South America 4,878 5,129 5,427 1,251 1,173 1,269 3,096 6,046 5,570

Brazil (Oct-Sep) 35 19 26 60 45 50 252 175 200

Colombia (Oct-Sep) 1,284 1,425 1,500 352 355 375 561 550 575

Central America 1,165 1,204 1,258 177 162 170 343 355 374

Caribbean 1,007 1,052 1,098 344 320 331 147 148 153

Middle East 4,950 3,968 4,775 345 344 370 5,229 6,344 6,490

Iran (Oct-Sep) 1,507 1,113 1,250 257 213 250 1,914 2,559 2,650

Israel (Oct-Sep) 154 165 200 10 10 10 374 425 430

Syria (Jan-Dec) 20 25 35 0 1 1 3 15 15

Turkey (Oct-Sep) 790 500 700 0 0 0 2,271 2,600 2,600

North Africa 3,135 2,750 3,060 1,560 1,585 1,655 2,653 3,970 4,105

Egypt (Oct-Sep) 1,053 600 825 246 245 250 2,115 3,250 3,300

Other 3,755 3,874 4,188 5,035 4,367 4,772 5,311 6,568 6,945

World Total 60,487 60,120 62,227 10,838 9,767 10,693 144,353 153,676 152,270

Foreign Agricultural Service/USDA 18 November 2018Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

Production none

33,000 Indonesia 32,000 36,000 38,500 40,500 40,500

19,879 Malaysia 17,700 18,858 19,683 20,500 20,500

2,068 Thailand 1,804 2,500 2,700 2,900 2,900

1,110 Colombia 1,275 1,147 1,628 1,530 1,530

910 Nigeria 970 970 970 970 970

4,783 Other 5,141 5,780 5,801 5,859 5,859

61,750 Total 58,890 65,255 69,282 72,259 72,259

Imports none

9,139 India 8,860 9,341 9,000 10,600 10,500

6,935 European Union 6,717 7,223 6,700 6,500 6,500

5,696 China 4,689 4,881 5,200 5,400 5,600

2,826 Pakistan 2,720 3,075 3,100 3,250 3,250

1,280 Bangladesh 1,511 1,314 1,500 1,650 1,650

1,143 United States 1,307 1,367 1,529 1,500 1,500

1,489 Egypt 1,038 1,323 1,250 1,300 1,300

792 Philippines 941 1,165 1,100 1,200 1,200

854 Russia 933 849 960 950 950

715 Vietnam 727 792 820 840 840

13,602 Other 13,008 14,157 14,691 15,408 15,388

44,471 Total 42,451 45,487 45,850 48,598 48,678

Exports none

25,964 Indonesia 22,906 27,633 27,000 28,500 28,500

17,403 Malaysia 16,667 16,313 16,469 17,900 17,900

453 Guatemala 614 718 710 712 712

316 Colombia 420 502 700 700 700

607 Papua New Guinea 575 663 635 640 640

2,671 Other 2,606 3,087 3,237 3,335 3,335

47,414 Total 43,788 48,916 48,751 51,787 51,787

Domestic Consumption none

7,220 Indonesia 9,270 9,160 10,490 11,310 11,310

9,150 India 9,100 9,550 9,400 10,820 10,620

6,900 European Union 6,600 6,800 6,550 6,450 6,450

5,700 China 4,800 4,750 5,100 5,400 5,600

2,946 Malaysia 3,000 2,699 3,120 3,450 3,450

2,738 Pakistan 2,795 2,995 3,145 3,245 3,295

1,925 Thailand 1,835 2,106 2,440 2,440 2,440

1,275 Bangladesh 1,411 1,314 1,470 1,625 1,625

1,092 United States 1,269 1,355 1,565 1,480 1,431

811 Philippines 930 1,250 1,250 1,320 1,320

1,350 Egypt 1,100 1,300 1,280 1,300 1,300

1,410 Nigeria 1,320 1,240 1,260 1,290 1,290

943 Colombia 940 952 1,018 1,028 1,028

810 Russia 850 850 910 920 920

674 Vietnam 755 806 827 837 837

12,967 Other 13,334 14,372 15,116 15,886 15,856

57,911 Total 59,309 61,499 64,941 68,801 68,772

Ending Stocks none

2,434 Indonesia 2,258 1,470 2,480 3,170 3,170

2,611 Malaysia 1,460 1,904 2,748 2,598 2,598

456 European Union 425 713 723 350 633

539 India 499 490 290 370 370

305 China 189 307 387 227 357

3,562 Other 3,320 3,594 3,290 3,214 3,168

9,907 Total 8,151 8,478 9,918 9,929 10,296

Foreign Agricultural Service/USDA 19 November 2018Office of Global Analysis

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Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

China (Oct-Sep) 9,914 10,150 10,563 6,552 6,708 6,981 13,128 13,274 12,850

India (Oct-Sep) 3,403 3,284 3,284 2,166 2,090 2,090 6,620 6,450 6,500

Canada (Aug-Jul) 5,150 5,149 5,285 4,017 4,143 4,110 19,599 21,328 21,100

Japan (Oct-Sep) 1,355 1,307 1,363 1,061 1,023 1,067 4 4 4

European Union (Jul-Jun) 13,737 13,851 13,110 10,074 10,157 9,614 20,538 22,145 19,500

Other 5,206 5,330 5,686 3,667 3,759 3,991 9,547 10,827 10,963

World Total 38,765 39,071 39,291 27,537 27,880 27,853 69,436 74,028 70,917

Imports

China (Oct-Sep) 875 1,225 1,000 802 1,050 1,050 4,260 4,460 5,600

India (Oct-Sep) 0 0 0 317 300 300 0 0 0

Canada (Aug-Jul) 25 17 18 54 14 20 94 108 100

Japan (Oct-Sep) 8 7 7 15 19 20 2,392 2,384 2,450

European Union (Jul-Jun) 219 242 300 153 158 150 4,224 4,005 4,400

Other 4,762 4,615 4,805 3,046 2,993 3,176 4,688 4,245 4,226

World Total 5,889 6,106 6,130 4,387 4,534 4,716 15,658 15,202 16,776

Exports

China (Oct-Sep) 12 15 15 18 25 20 0 0 0

India (Oct-Sep) 412 850 450 3 3 3 0 0 0

Canada (Aug-Jul) 4,681 4,525 4,700 3,133 3,168 3,200 11,022 10,793 11,600

Japan (Oct-Sep) 7 0 0 1 1 1 0 0 0

European Union (Jul-Jun) 511 460 300 342 271 250 319 131 130

Other 408 500 653 1,026 1,142 1,331 4,458 5,430 5,475

World Total 6,031 6,350 6,118 4,523 4,610 4,805 15,799 16,354 17,205

Domestic Consumption

China (Oct-Sep) 10,777 11,360 11,548 8,600 8,600 8,100 17,350 17,750 18,450

India (Oct-Sep) 2,750 2,800 2,700 2,435 2,480 2,430 6,650 6,470 6,490

Canada (Aug-Jul) 539 614 615 956 965 985 9,420 9,594 9,591

Japan (Oct-Sep) 1,377 1,320 1,375 1,078 1,040 1,085 2,442 2,355 2,455

European Union (Jul-Jun) 13,680 13,700 13,100 10,100 10,000 9,550 25,100 25,350 24,000

Other 9,562 9,450 9,818 5,728 5,580 5,828 9,424 9,666 10,097

World Total 38,685 39,244 39,156 28,897 28,665 27,978 70,386 71,185 71,083

Ending Stocks

China (Oct-Sep) 0 0 0 2,543 1,676 1,587 1,064 1,048 1,048

India (Oct-Sep) 486 120 254 367 274 231 439 419 429

Canada (Aug-Jul) 52 79 67 473 497 442 1,342 2,391 2,400

Japan (Oct-Sep) 59 53 48 27 28 29 21 54 53

European Union (Jul-Jun) 273 206 216 310 354 318 955 1,624 1,394

Other 163 158 178 426 456 464 1,249 1,225 842

World Total 1,033 616 763 4,146 3,285 3,071 5,070 6,761 6,166

Foreign Agricultural Service/USDA 20 November 2018Office of Global Analysis

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Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

Argentina (Sep-Aug) 3,547 3,538 3,400 1,270 1,285 1,380 1,288 1,300 1,400

Russia (Sep-Aug) 10,858 10,362 11,500 4,146 4,105 4,433 4,171 4,130 4,460

Turkey (Sep-Aug) 1,320 1,550 1,800 963 1,100 1,155 761 890 935

Ukraine (Sep-Aug) 15,200 13,700 15,000 6,030 5,658 5,989 6,351 5,891 6,235

European Union (Oct-Sep) 8,598 9,679 9,850 4,266 4,644 4,752 3,338 3,634 3,718

Other 8,485 8,577 8,893 2,674 2,783 2,963 2,271 2,362 2,511

World Total 48,008 47,406 50,443 19,349 19,575 20,672 18,180 18,207 19,259

Imports

Argentina (Sep-Aug) 0 0 0 0 0 0 0 0 0

Russia (Sep-Aug) 107 50 50 11 40 20 18 30 20

Turkey (Sep-Aug) 591 650 500 958 935 930 793 515 500

Ukraine (Sep-Aug) 24 30 20 1 6 0 0 1 2

European Union (Oct-Sep) 697 505 550 3,708 3,600 3,800 1,834 1,500 1,600

Other 754 870 906 2,267 2,521 2,288 6,279 6,448 6,390

World Total 2,173 2,105 2,026 6,945 7,102 7,038 8,924 8,494 8,512

Exports

Argentina (Sep-Aug) 75 50 70 789 700 750 770 600 670

Russia (Sep-Aug) 368 95 100 1,300 1,200 1,200 2,178 2,300 2,200

Turkey (Sep-Aug) 47 60 60 4 5 5 635 390 370

Ukraine (Sep-Aug) 191 39 100 4,807 4,238 4,600 5,851 5,341 5,600

European Union (Oct-Sep) 353 625 350 275 400 300 459 500 500

Other 1,406 1,608 1,626 263 280 259 513 512 497

World Total 2,440 2,477 2,306 7,438 6,823 7,114 10,406 9,643 9,837

Domestic Consumption

Argentina (Sep-Aug) 3,130 3,160 3,396 540 580 620 707 712 727

Russia (Sep-Aug) 10,580 10,460 11,260 2,850 2,950 3,300 2,055 2,010 2,115

Turkey (Sep-Aug) 1,862 2,122 2,232 1,850 2,050 2,070 980 1,020 1,030

Ukraine (Sep-Aug) 14,780 13,890 14,700 1,300 1,270 1,375 580 585 590

European Union (Oct-Sep) 8,990 9,690 9,890 7,860 7,960 8,260 4,610 4,590 4,790

Other 7,688 7,937 8,209 4,721 4,987 5,015 7,633 8,700 8,401

World Total 47,030 47,259 49,687 19,121 19,797 20,640 16,565 17,617 17,653

Ending Stocks

Argentina (Sep-Aug) 1,238 1,566 1,500 45 50 60 26 14 17

Russia (Sep-Aug) 344 201 391 352 347 300 234 84 249

Turkey (Sep-Aug) 49 67 75 150 130 140 31 26 61

Ukraine (Sep-Aug) 421 222 442 434 590 604 125 91 138

European Union (Oct-Sep) 600 469 629 328 212 204 261 305 333

Other 713 615 579 120 157 134 1,136 734 737

World Total 3,365 3,140 3,616 1,429 1,486 1,442 1,813 1,254 1,535

Foreign Agricultural Service/USDA 21 November 2018Office of Global Analysis

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Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2018/192017/182016/172018/192017/182016/172018/192017/182016/17

Production

China (Oct-Sep) 2,704 2,864 2,784 1,115 1,382 1,395 5 5 5

India (Oct-Sep) 1,254 1,254 990 1,166 1,325 1,310 nr nr nr

Turkey (Nov-Oct) 7 7 7 187 232 268 177 263 220

United States (Aug-Jul) 129 105 111 246 255 254 15 16 16

European Union (Oct-Sep) 13 13 13 35 44 44 1,745 2,200 2,240

Other 1,659 1,675 1,673 1,672 1,926 1,945 540 770 614

World Total 5,766 5,918 5,578 4,421 5,164 5,216 2,482 3,254 3,095

Imports

China (Oct-Sep) 111 110 110 0 0 0 44 46 48

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

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

United States (Aug-Jul) 18 32 27 0 0 1 316 322 330

European Union (Oct-Sep) 73 70 70 1 1 1 110 210 150

Other 24 23 23 45 52 42 318 330 351

World Total 226 235 230 46 53 44 788 908 879

Exports

China (Oct-Sep) 8 10 8 2 5 5 0 0 0

India (Oct-Sep) 13 15 13 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 2 2 48 75 70

United States (Aug-Jul) 5 5 5 47 50 45 12 11 10

European Union (Oct-Sep) 4 4 4 0 1 0 627 630 670

Other 235 249 249 23 32 32 193 288 216

World Total 265 283 279 73 90 84 880 1,004 966

Domestic Consumption

China (Oct-Sep) 2,807 2,964 2,886 1,113 1,377 1,390 49 51 53

India (Oct-Sep) 1,160 1,260 960 1,165 1,345 1,295 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 234 261 145 160 165

United States (Aug-Jul) 139 133 133 198 210 210 319 327 336

European Union (Oct-Sep) 80 79 79 36 44 45 1,370 1,570 1,720

Other 1,439 1,453 1,461 1,688 1,912 1,974 702 760 789

World Total 5,632 5,896 5,526 4,385 5,122 5,175 2,585 2,868 3,063

Ending Stocks

China (Oct-Sep) 0 0 0 0 0 0 0 0 0

India (Oct-Sep) 237 216 233 39 19 34 nr nr nr

Turkey (Nov-Oct) 0 0 0 5 1 6 23 51 36

United States (Aug-Jul) 12 11 11 20 15 15 0 0 0

European Union (Oct-Sep) 5 5 5 0 0 0 173 383 383

Other 88 84 70 47 81 62 141 193 153

World Total 342 316 319 111 116 117 337 627 572

Foreign Agricultural Service/USDA 22 November 2018Office of Global Analysis

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Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

393.92 31.7175.60528.8675.4159.53220.65 2005/06 386.90 66.35

405.57 31.4882.89552.7580.8366.35223.40 2006/07 394.50 75.37

393.18 32.0891.76559.0090.4575.37220.48 2007/08 403.35 63.89

399.64 33.7694.15558.0894.5563.89230.94 2008/09 405.56 58.38

446.97 34.75107.61607.95102.6058.38235.56 2009/10 425.51 74.83

460.33 36.00108.32640.19105.0374.83245.56 2010/11 446.27 85.59

446.81 36.23110.98645.55113.1585.59248.84 2011/12 466.05 68.52

474.77 36.62118.14658.07114.7868.52256.54 2012/13 469.63 70.30

503.76 37.48133.78707.62133.5670.30260.71 2013/14 493.50 80.33

538.08 38.97147.19762.01143.6080.33266.75 2014/15 519.77 95.06

523.79 40.24153.35772.36153.5295.06264.52 2015/16 524.61 94.40

572.50 42.12170.47833.34166.4494.40266.48 2016/17 551.62 111.25

574.19 43.37176.84860.59175.15111.25277.32 2017/18 568.19 115.56

599.57 43.95179.51890.47175.33115.56282.87 2018/19 584.76 126.20

Major Protein Meals

217.20 0.2867.35291.1065.688.21nr 2005/06 214.86 8.89

224.21 0.2869.25300.4067.308.89nr 2006/07 220.84 10.32

231.79 0.2972.93312.5470.4310.32nr 2007/08 229.22 10.38

230.11 0.3270.15308.9368.4410.38nr 2008/09 230.23 8.55

244.51 0.4072.70323.5170.448.55nr 2009/10 240.58 10.23

257.33 0.3377.90342.6875.1310.23nr 2010/11 251.81 12.96

267.38 0.4081.12359.5679.2112.96nr 2011/12 263.76 14.68

269.13 0.4379.37358.5774.7614.68nr 2012/13 266.34 12.85

282.68 0.4483.31375.9080.3612.85nr 2013/14 278.23 14.36

300.48 0.4586.36397.3382.4914.36nr 2014/15 293.08 17.89

305.12 0.4886.98406.2083.1917.89nr 2015/16 302.29 16.94

319.58 0.5988.18421.3184.8016.94nr 2016/17 316.82 16.31

329.97 0.6188.00430.7284.4416.31nr 2017/18 327.14 15.58

341.06 0.6390.14443.1286.4815.58nr 2018/19 337.34 15.64

Major Vegetable Oils

119.85 94.0248.51175.8243.5312.4513.61 2005/06 113.19 14.12

122.79 96.4450.29183.6446.7314.1214.20 2006/07 118.73 14.62

129.88 99.6354.45194.5850.0814.6214.73 2007/08 125.21 14.93

135.18 103.2756.64203.8153.7014.9315.61 2008/09 131.21 15.96

142.46 107.3158.81213.8155.3915.9616.46 2009/10 137.99 17.01

149.08 109.6960.77222.8956.8017.0117.50 2010/11 142.34 19.78

158.06 115.9164.85239.6361.7819.7818.47 2011/12 151.69 23.09

161.22 120.9168.34249.5465.2323.0919.12 2012/13 158.39 22.81

171.58 125.5170.26261.3266.9422.8119.98 2013/14 166.43 24.63

177.00 130.9776.55272.3670.7324.6320.81 2014/15 170.38 25.43

176.29 135.0873.62272.3070.5825.4321.72 2015/16 177.46 21.22

188.34 139.7381.28284.4574.8921.2222.38 2016/17 183.17 20.00

196.59 144.1179.65290.6874.0920.0023.20 2017/18 190.51 20.51

202.69 148.3383.91301.1777.9720.5123.64 2018/19 196.30 20.96

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 23 November 2018Office of Global Analysis

Page 24: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

220.79 186.3563.64333.4564.1048.5693.03 2005/06 215.94 53.87

235.70 195.5570.91358.6269.0553.8794.92 2006/07 224.68 63.03

219.55 202.6378.70361.2678.6863.0391.32 2007/08 230.00 52.56

212.34 194.8676.71342.8077.9052.5696.63 2008/09 222.90 43.20

260.73 210.4892.06391.4487.5143.20102.60 2009/10 239.31 60.06

264.68 222.2291.58414.5389.7960.06103.59 2010/11 252.91 70.05

240.96 229.1391.77405.5694.5570.05103.21 2011/12 259.58 54.21

269.08 231.81100.38420.4897.2054.21110.35 2012/13 263.70 56.40

283.34 242.86112.74452.81113.0756.40112.98 2013/14 276.92 63.15

320.57 264.74126.23508.07124.3663.15118.73 2014/15 303.23 78.62

316.24 275.00132.57528.20133.3378.62120.44 2015/16 314.77 80.86

348.95 287.22147.39574.15144.3580.86119.44 2016/17 329.37 97.39

338.57 294.87153.19589.64153.6897.39124.28 2017/18 336.76 99.69

367.50 307.60155.44619.46152.2799.69129.39 2018/19 351.94 112.08

Meal, Soybean

146.73 186.3753.03204.0551.385.94nr 2005/06 144.88 6.14

153.81 195.5754.84212.6952.746.14nr 2006/07 150.41 7.43

159.01 202.6556.50221.2254.787.43nr 2007/08 156.97 7.75

153.08 194.9453.27212.4951.677.75nr 2008/09 153.92 5.31

165.78 210.5655.94224.6353.545.31nr 2009/10 161.74 6.96

175.03 222.3158.89238.8556.876.96nr 2010/11 170.65 9.31

180.89 229.2458.71247.2257.029.31nr 2011/12 177.75 10.76

182.25 231.9558.39247.0854.0710.76nr 2012/13 178.84 9.85

190.45 243.0260.65258.0657.779.85nr 2013/14 186.55 10.87

208.46 264.9264.41280.0260.6910.87nr 2014/15 201.57 14.04

215.82 275.2365.50291.7461.8714.04nr 2015/16 213.03 13.21

225.39 287.5264.48299.0960.4913.21nr 2016/17 221.74 12.87

232.02 295.4364.27305.0260.1212.87nr 2017/18 228.44 12.30

241.88 308.2266.21316.4162.2312.30nr 2018/19 238.10 12.10

Oil, Soybean

34.91 186.359.7947.018.803.30nr 2005/06 33.40 3.82

36.41 195.5510.5050.009.773.82nr 2006/07 35.45 4.05

37.79 202.6310.8852.1310.294.05nr 2007/08 37.28 3.97

36.16 194.869.2149.149.003.97nr 2008/09 36.34 3.59

38.97 210.489.1951.058.483.59nr 2009/10 38.16 3.70

41.48 222.229.6254.569.383.70nr 2010/11 40.48 4.46

42.82 229.138.5355.288.004.46nr 2011/12 42.46 4.29

43.35 231.819.3356.158.514.29nr 2012/13 42.59 4.23

45.24 242.869.4258.739.274.23nr 2013/14 45.31 4.00

49.29 264.7411.1263.3210.044.00nr 2014/15 47.73 4.47

51.53 275.0011.7767.6411.644.47nr 2015/16 52.08 3.79

53.68 287.2211.2568.3110.843.79nr 2016/17 53.34 3.73

55.17 294.8710.3668.669.773.73nr 2017/18 54.60 3.70

57.44 307.6011.2171.8310.693.70nr 2018/19 56.98 3.64

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

Foreign Agricultural Service/USDA 24 November 2018Office of Global Analysis

Page 25: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

48.84 0.356.9860.676.715.1327.32 2005/06 48.06 5.63

45.75 0.356.6558.417.025.6326.76 2006/07 46.57 5.20

49.15 0.358.1861.917.575.2029.15 2007/08 49.20 4.53

58.17 0.4012.2074.8412.154.5331.20 2008/09 54.99 7.66

60.79 0.4210.9079.2610.817.6630.65 2009/10 59.66 8.70

60.52 0.4510.9379.4010.188.7033.58 2010/11 59.79 8.68

61.23 0.4512.9983.1513.248.6833.30 2011/12 63.34 6.83

63.31 0.4712.5782.9712.836.8335.79 2012/13 64.89 5.50

70.59 0.4915.1091.6415.555.5035.67 2013/14 68.82 7.73

70.43 0.5515.1192.4714.327.7335.05 2014/15 70.11 7.26

68.74 0.6514.3590.1414.157.2633.31 2015/16 69.64 6.16

69.44 0.6515.8091.2615.666.1633.38 2016/17 70.39 5.07

74.03 0.6516.3594.3015.205.0735.37 2017/18 71.19 6.76

70.92 0.6517.2194.4516.786.7635.92 2018/19 71.08 6.17

Meal, Rapeseed

26.15 0.002.6829.502.630.71nr 2005/06 25.99 0.83

25.55 0.003.0029.603.210.83nr 2006/07 25.85 0.75

27.22 0.003.9331.853.880.75nr 2007/08 27.27 0.64

30.36 0.003.7534.783.770.64nr 2008/09 30.22 0.80

32.90 0.003.6337.593.880.80nr 2009/10 32.71 1.25

33.39 0.005.2839.975.331.25nr 2010/11 33.64 1.06

34.92 0.005.5641.545.561.06nr 2011/12 34.88 1.10

35.97 0.005.7042.695.611.10nr 2012/13 36.01 0.98

38.32 0.006.3545.806.500.98nr 2013/14 38.53 0.92

38.72 0.006.0745.635.990.92nr 2014/15 38.59 0.98

38.61 0.005.6945.295.700.98nr 2015/16 38.50 1.10

38.77 0.006.0345.755.891.10nr 2016/17 38.69 1.03

39.07 0.006.3546.216.111.03nr 2017/18 39.24 0.62

39.29 0.006.1246.046.130.62nr 2018/19 39.16 0.76

Oil, Rapeseed

17.99 13.721.6520.261.480.79nr 2005/06 17.61 1.00

17.79 13.222.0021.002.211.00nr 2006/07 18.19 0.81

18.95 13.521.9121.812.050.81nr 2007/08 18.80 1.10

21.33 14.412.4724.912.481.10nr 2008/09 20.99 1.45

23.23 15.232.7527.632.961.45nr 2009/10 22.75 2.13

23.41 15.663.4328.923.382.13nr 2010/11 23.20 2.28

24.72 16.423.9831.084.082.28nr 2011/12 23.79 3.30

25.39 16.473.9532.623.933.30nr 2012/13 23.73 4.94

27.02 17.773.8335.783.824.94nr 2013/14 25.68 6.27

27.41 18.884.0737.633.956.27nr 2014/15 27.04 6.52

27.34 19.814.1737.994.136.52nr 2015/16 28.18 5.64

27.54 20.334.5237.574.395.64nr 2016/17 28.90 4.15

27.88 20.214.6136.564.534.15nr 2017/18 28.67 3.29

27.85 19.814.8135.854.723.29nr 2018/19 27.98 3.07

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 25 November 2018Office of Global Analysis

Page 26: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

29.92 3.4829.311.521.422.9622.72 2005/06

30.08 4.0229.441.911.813.4823.45 2006/07

27.35 3.7227.481.461.294.0221.34 2007/08

32.92 3.8532.562.151.923.7223.89 2008/09

31.56 2.6032.831.551.563.8522.97 2009/10

32.70 2.2632.881.781.622.6023.08 2010/11

38.62 2.5438.111.931.702.2624.62 2011/12

34.99 2.8134.631.451.362.5423.60 2012/13

41.51 3.3040.691.961.622.8124.02 2013/14

39.19 2.9039.491.661.563.3023.12 2014/15

40.54 2.6540.642.011.872.9023.41 2015/16

48.01 3.3747.032.442.172.6525.42 2016/17

47.41 3.1447.262.482.113.3725.58 2017/18

50.44 3.6249.692.312.033.1426.19 2018/19

Meal, Sunflowerseed

11.72 0.3111.413.573.350.22nr 2005/06

11.87 0.2411.903.493.440.31nr 2006/07

11.11 0.3010.693.312.960.24nr 2007/08

13.08 0.8112.474.304.200.30nr 2008/09

13.42 1.0012.834.093.690.81nr 2009/10

13.31 1.0712.724.574.061.00nr 2010/11

15.60 1.7014.606.806.421.07nr 2011/12

14.15 0.7914.845.134.931.70nr 2012/13

16.83 1.4215.756.225.760.79nr 2013/14

16.17 1.6615.585.875.531.42nr 2014/15

16.50 1.6916.186.235.951.66nr 2015/16

19.35 1.4319.127.446.951.69nr 2016/17

19.58 1.4919.806.827.101.43nr 2017/18

20.67 1.4420.647.117.041.49nr 2018/19

Oil, Sunflowerseed

10.56 1.219.773.923.311.02nr 2005/06

10.74 1.2010.164.053.461.21nr 2006/07

10.16 1.209.413.532.781.20nr 2007/08

11.89 1.9410.754.554.151.20nr 2008/09

12.12 1.9011.464.503.811.94nr 2009/10

12.08 1.8311.324.543.701.90nr 2010/11

14.35 3.0312.496.485.831.83nr 2011/12

12.86 2.3013.195.575.163.03nr 2012/13

15.63 2.9614.157.786.962.30nr 2013/14

14.97 2.6114.117.386.182.96nr 2014/15

15.38 1.6815.228.107.022.61nr 2015/16

18.18 1.8116.5710.418.921.68nr 2016/17

18.21 1.2517.629.648.491.81nr 2017/18

19.26 1.5417.659.848.511.25nr 2018/19

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

Foreign Agricultural Service/USDA 26 November 2018Office of Global Analysis

Page 27: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

25.22 24.996.9427.8965.8836.034.62 2005/06 32.47 5.51

26.25 26.837.5728.3969.3837.625.51 2006/07 34.90 6.10

29.93 29.598.8532.4977.4741.456.10 2007/08 39.01 5.97

33.08 31.989.6335.0083.5544.495.97 2008/09 42.26 6.28

34.31 33.3010.0636.3286.9746.386.28 2009/10 43.96 6.69

35.09 33.9710.7337.3690.9949.216.69 2010/11 45.27 8.35

38.39 36.8412.4739.8999.2952.558.35 2011/12 49.95 9.46

41.80 40.1514.6543.08107.6356.379.46 2012/13 55.45 9.10

41.64 40.8416.3143.23110.0359.289.10 2013/14 57.79 9.01

44.47 43.0714.1347.41115.2361.759.01 2014/15 57.91 9.91

42.45 42.3116.2943.79111.2558.899.91 2015/16 59.31 8.15

45.49 44.3916.3448.92118.8965.268.15 2016/17 61.50 8.48

45.85 46.1617.9748.75123.6169.288.48 2017/18 64.94 9.92

48.68 48.9319.0151.79130.8672.269.92 2018/19 68.77 10.30

Oil, Coconut

2.04 1.781.432.055.853.340.47 2005/06 3.35 0.44

1.88 1.661.431.745.393.070.44 2006/07 3.18 0.47

1.91 1.771.511.935.783.400.47 2007/08 3.31 0.55

1.67 1.651.561.485.583.360.55 2008/09 3.24 0.86

2.30 2.091.702.076.633.470.86 2009/10 3.82 0.74

1.80 1.871.671.806.133.590.74 2010/11 3.58 0.76

1.84 1.931.551.865.983.390.76 2011/12 3.51 0.61

1.89 2.001.711.926.133.620.61 2012/13 3.75 0.46

1.74 1.751.551.925.583.380.46 2013/14 3.34 0.33

1.82 1.741.521.945.523.370.33 2014/15 3.29 0.29

1.61 1.671.551.585.223.320.29 2015/16 3.25 0.40

1.51 1.591.491.895.303.390.40 2016/17 3.12 0.30

1.55 1.641.621.685.393.540.30 2017/18 3.29 0.42

1.50 1.641.641.695.513.600.42 2018/19 3.31 0.51

Meal, Fish

3.05 0.000.052.808.754.990.71 2005/06 5.21 0.73

2.82 0.000.052.658.695.140.73 2006/07 5.08 0.97

3.17 0.000.052.949.275.140.97 2007/08 5.50 0.83

3.26 0.000.053.089.295.200.83 2008/09 5.51 0.71

2.76 0.000.052.417.714.240.71 2009/10 5.03 0.28

2.77 0.000.052.698.605.550.28 2010/11 5.22 0.69

3.05 0.000.052.808.444.710.69 2011/12 5.36 0.28

2.47 0.000.052.327.594.840.28 2012/13 4.81 0.45

2.74 0.000.052.477.644.450.45 2013/14 4.94 0.23

2.50 0.000.052.287.424.690.23 2014/15 4.87 0.26

2.46 0.000.052.217.244.510.26 2015/16 4.75 0.27

3.06 0.000.052.538.224.890.27 2016/17 5.43 0.26

2.63 0.000.052.467.734.830.26 2017/18 4.99 0.28

2.55 0.000.052.377.544.710.28 2018/19 4.89 0.28

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 27 November 2018Office of Global Analysis

Page 28: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Major Oilseeds

95,671 51,89726,611104,6246648,28936,587 2005/06 63,812 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 49,34235,69497,4051,2956,90935,265 2008/09 56,091 5,620

98,951 51,48341,691105,6371,0665,62035,511 2009/10 58,402 5,544

100,432 49,32341,938106,9219455,54437,179 2010/11 57,664 7,319

92,442 50,31637,813101,0461,2857,31935,131 2011/12 57,621 5,612

93,323 50,25037,156100,5401,6055,61236,676 2012/13 57,621 5,763

99,016 51,45945,569107,8463,0675,76335,438 2013/14 58,324 3,953

116,029 55,11151,109121,8331,8513,95338,983 2014/15 63,968 6,756

115,879 55,05553,969123,7651,1306,75638,398 2015/16 62,928 6,868

126,935 56,25760,081135,3051,5026,86839,245 2016/17 65,625 9,599

131,495 60,17559,188142,5101,4169,59942,793 2017/18 69,495 13,827

135,446 61,05252,847150,6411,36813,82741,784 2018/19 70,133 27,661

Major Protein Meals

39,894 51,8977,60841,7721,663215nr 2005/06 33,803 361

41,390 53,4838,26443,4601,709361nr 2006/07 34,811 385

40,786 53,4958,70643,1631,992385nr 2007/08 34,123 334

37,631 49,3427,94039,7821,817334nr 2008/09 31,596 246

39,992 51,48310,30841,5821,344246nr 2009/10 30,933 341

38,032 49,3238,48840,6142,241341nr 2010/11 31,748 378

39,450 50,3169,17042,8603,032378nr 2011/12 33,354 336

38,593 50,25010,46142,3223,393336nr 2012/13 31,546 315

39,293 51,45910,80343,4063,798315nr 2013/14 32,311 292

43,210 55,11112,14447,3753,873292nr 2014/15 34,941 290

42,778 55,05511,17947,1464,078290nr 2015/16 35,692 275

43,111 56,25710,82647,3103,924275nr 2016/17 36,077 407

47,020 60,17513,75451,1733,746407nr 2017/18 36,859 560

47,073 61,05212,83851,4223,789560nr 2018/19 38,120 464

Major Vegetable Oils

10,435 51,89789913,9382,3791,1240 2005/06 11,242 1,797

10,450 53,4831,33314,7742,5271,7970 2006/07 11,700 1,741

10,544 53,4951,67915,3943,1091,7410 2007/08 12,251 1,464

9,667 49,3421,45714,3613,2301,4640 2008/09 11,167 1,737

10,058 51,4831,94815,1333,3381,7370 2009/10 11,194 1,991

9,775 49,3231,86115,3783,6121,9910 2010/11 11,794 1,723

10,032 50,3161,14615,5863,8311,7230 2011/12 12,873 1,567

10,231 50,2501,38715,5993,8011,5670 2012/13 13,068 1,144

10,427 51,4591,11615,5874,0161,1440 2013/14 13,499 972

10,938 55,1111,17416,1404,2309720 2014/15 13,680 1,286

11,211 55,0551,24817,0244,5271,2860 2015/16 14,574 1,202

11,434 56,2571,41517,3674,7311,2020 2016/17 14,720 1,232

12,109 60,1751,34918,1284,7871,2320 2017/18 15,541 1,238

12,315 61,0521,24618,5154,9621,2380 2018/19 15,964 1,305

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 28 November 2018Office of Global Analysis

Page 29: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

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 45,23034,81786,6903615,58030,222 2008/09 48,112 3,761

91,470 47,67340,79895,6283973,76130,907 2009/10 50,724 4,106

90,663 44,85140,95995,1623934,10631,003 2010/11 48,351 5,852

84,291 46,34837,18690,5824395,85229,856 2011/12 48,786 4,610

82,791 45,96736,12988,5041,1034,61030,814 2012/13 48,550 3,825

91,389 47,19244,59497,1671,9533,82530,858 2013/14 50,069 2,504

106,878 50,97550,136110,2869042,50433,423 2014/15 54,962 5,188

106,857 51,33552,870112,6866415,18833,076 2015/16 54,462 5,354

116,920 51,74258,960122,8806065,35433,466 2016/17 55,712 8,208

120,039 55,92657,945128,8415948,20836,228 2017/18 58,973 11,923

125,179 56,60851,710137,78268011,92335,751 2018/19 60,077 25,995

Meal, Soybean

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

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

38,359 49,0818,38438,798128311nr 2007/08 30,147 267

35,473 45,2307,70835,82080267nr 2008/09 27,899 213

37,836 47,67310,12538,194145213nr 2009/10 27,795 274

35,608 44,8518,23836,045163274nr 2010/11 27,489 318

37,217 46,3488,84537,731196318nr 2011/12 28,614 272

36,174 45,96710,11136,668222272nr 2012/13 26,307 250

36,909 47,19210,50437,506347250nr 2013/14 26,775 227

40,880 50,97511,89141,409302227nr 2014/15 29,282 236

40,525 51,33510,84441,127366236nr 2015/16 30,044 239

40,630 51,74210,50541,186317239nr 2016/17 30,318 363

44,648 55,92613,45045,460449363nr 2017/18 31,508 502

44,586 56,60812,47445,406318502nr 2018/19 32,524 408

Oil, Soybean

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 45,2309959,671411,127nr 2008/09 7,378 1,298

8,897 47,6731,52410,242471,298nr 2009/10 7,173 1,545

8,568 44,8511,46610,185721,545nr 2010/11 7,506 1,213

8,954 46,34866410,235681,213nr 2011/12 8,396 1,175

8,990 45,96798110,254891,175nr 2012/13 8,522 751

9,131 47,1928529,95775751nr 2013/14 8,576 529

9,706 50,97591410,355120529nr 2014/15 8,600 841

9,956 51,3351,01710,927130841nr 2015/16 9,145 765

10,035 51,7421,15910,945145765nr 2016/17 9,010 776

10,781 55,9261,11011,709152776nr 2017/18 9,696 903

10,898 56,60899811,937136903nr 2018/19 10,070 869

Data based on Local Marketing Year (MY). Soybeans are on a September/August MY, and Soybean

Meal and Oil are on an October/September MY.

Foreign Agricultural Service/USDA 29 November 2018Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

57,000 28,75624,77059,728402,68822,229 2005/06 31,506 3,452

59,000 31,51123,80562,5601083,45220,700 2006/07 34,261 4,494

61,000 31,89524,51565,577834,49421,300 2007/08 34,695 6,367

57,800 30,77928,04164,2911246,36721,700 2008/09 33,579 2,671

69,000 35,70029,18871,8211502,67123,500 2009/10 38,550 4,083

75,300 37,26433,78979,423404,08324,200 2010/11 40,164 5,470

66,500 36,23031,90572,2682985,47025,000 2011/12 39,130 1,233

82,000 36,43242,82683,4732401,23327,700 2012/13 39,378 1,269

86,700 38,19545,74788,5485791,26930,100 2013/14 41,295 1,506

97,200 40,33954,63599,0353291,50632,100 2014/15 43,489 911

96,500 39,96752,10097,77336291133,300 2015/16 43,167 2,506

114,600 42,31268,807117,3732672,50633,900 2016/17 45,562 3,004

119,800 43,50077,850122,9791753,00435,100 2017/18 44,304 825

120,500 42,70074,600121,52520082537,500 2018/19 46,000 925

Meal, Soybean (Local)

22,280 28,75612,28723,230214736nr 2005/06 10,080 863

24,420 31,51112,34625,429146863nr 2006/07 10,800 2,283

24,720 31,89512,70927,1461432,283nr 2007/08 12,300 2,137

23,850 30,77912,15326,073862,137nr 2008/09 12,800 1,120

27,670 35,70014,14728,862721,120nr 2009/10 13,187 1,528

28,880 37,26414,45230,459511,528nr 2010/11 13,400 2,607

28,080 36,23013,85430,702152,607nr 2011/12 14,000 2,848

28,230 36,43213,61931,108302,848nr 2012/13 14,800 2,689

29,560 38,19513,72132,276272,689nr 2013/14 15,300 3,255

31,220 40,33915,10634,491163,255nr 2014/15 16,000 3,385

30,930 39,96714,65134,342273,385nr 2015/16 16,800 2,891

32,780 42,31213,91535,706352,891nr 2016/17 17,361 4,430

33,700 43,50016,54538,150204,430nr 2017/18 17,760 3,845

33,100 42,70015,10036,970253,845nr 2018/19 18,350 3,520

Oil, Soybean (Local)

5,520 28,7562,3155,79818260nr 2005/06 3,211 272

6,050 31,5112,5216,38462272nr 2006/07 3,505 358

6,120 31,8952,1986,4879358nr 2007/08 4,005 284

5,910 30,7791,4966,23541284nr 2008/09 4,395 344

6,850 35,7001,6327,1962344nr 2009/10 5,060 504

7,150 37,2641,7587,6540504nr 2010/11 5,305 591

6,950 36,2301,6887,5432591nr 2011/12 5,395 460

6,990 36,4321,4107,4544460nr 2012/13 5,528 516

7,330 38,1951,3267,8460516nr 2013/14 5,955 565

7,740 40,3391,6508,31611565nr 2014/15 6,220 446

7,670 39,9671,2508,19175446nr 2015/16 6,490 451

8,120 42,3121,3238,63160451nr 2016/17 6,877 431

8,350 43,5001,4458,82645431nr 2017/18 7,000 381

8,195 42,7001,2758,62650381nr 2018/19 7,065 286

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

Where February 2012 - January 2013 is the 2011/12 MY.

Foreign Agricultural Service/USDA 30 November 2018Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

40,500 32,7487,13242,0681,01355515,200 2005/06 34,268 668

48,800 35,96312,13351,8042,33666816,300 2006/07 37,593 2,078

46,200 31,88311,80351,2252,9472,07816,371 2007/08 33,608 5,814

32,000 28,5553,48637,9711575,81416,000 2008/09 30,405 4,080

54,500 39,19613,70158,58004,08018,600 2009/10 41,196 3,683

49,000 37,52110,38952,696133,68318,300 2010/11 39,821 2,486

40,100 30,6816,09842,58822,48617,577 2011/12 33,431 3,059

49,300 35,0097,81752,36123,05919,750 2012/13 38,209 6,335

53,400 38,5037,43459,73726,33519,250 2013/14 42,103 10,200

61,450 45,11011,67071,79114110,20019,350 2014/15 49,271 10,850

58,800 43,0429,04670,9541,30410,85019,350 2015/16 47,508 14,400

55,000 40,9427,24572,0312,63114,40017,335 2016/17 45,586 19,200

37,800 37,8004,10061,7004,70019,20016,300 2017/18 42,600 15,000

55,500 44,00010,00074,7004,20015,00018,500 2018/19 49,100 15,600

Meal, Soybean (Local)

25,582 32,74824,72326,78501,203nr 2005/06 535 1,527

27,857 35,96328,10829,38621,527nr 2006/07 544 734

24,839 31,88324,38925,5763734nr 2007/08 652 535

22,519 28,55521,30323,0584535nr 2008/09 750 1,005

30,493 39,19628,38431,49801,005nr 2009/10 850 2,264

29,181 37,52127,48531,44502,264nr 2010/11 1,085 2,875

23,946 30,68121,97326,82102,875nr 2011/12 1,550 3,298

27,150 35,00923,93730,44803,298nr 2012/13 1,950 4,561

29,528 38,50327,47334,08904,561nr 2013/14 2,200 4,416

34,737 45,11031,86739,15414,416nr 2014/15 2,530 4,757

33,102 43,04230,98037,85904,757nr 2015/16 2,760 4,119

31,235 40,94229,26535,35404,119nr 2016/17 2,930 3,159

28,350 37,80024,60031,50903,159nr 2017/18 3,139 3,770

33,800 44,00030,35037,57003,770nr 2018/19 3,300 3,920

Oil, Soybean (Local)

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

6,917 35,9636,5157,4020485nr 2006/07 675 212

6,037 31,8834,9876,2490212nr 2007/08 1,125 137

5,448 28,5553,7095,5850137nr 2008/09 1,716 160

7,460 39,1965,1807,6200160nr 2009/10 2,215 225

7,148 37,5214,2277,3730225nr 2010/11 2,755 391

5,840 30,6813,4336,26635391nr 2011/12 2,550 283

6,616 35,0094,2816,95859283nr 2012/13 2,375 302

7,191 38,5034,2967,51926302nr 2013/14 2,843 380

8,753 45,1106,3129,1385380nr 2014/15 2,308 518

8,382 43,0425,3868,9000518nr 2015/16 3,055 459

7,925 40,9424,7168,3840459nr 2016/17 3,195 473

7,375 37,8004,1507,8480473nr 2017/18 3,164 534

8,575 44,0005,2509,1090534nr 2018/19 3,325 534

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

Where April 2012 - March 2013 is the 2011/12 MY.

Foreign Agricultural Service/USDA 31 November 2018Office of Global Analysis

Page 32: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

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

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

4,175 Oilseed, Copra 4,054 4,243 4,426 4,506 4,506

14,403 Oilseed, Palm Kernel 13,705 15,058 15,974 16,699 16,699

995 Oilseed, Soybean 947 885 846 821 821

3,811 Other 3,705 3,707 3,674 3,644 3,644

23,384 Total 22,411 23,893 24,920 25,670 25,670

none

Domestic Consumption none

847 Meal, Fish 795 926 904 921 921

745 Meal, Rapeseed 407 358 418 450 450

16,946 Meal, Soybean 18,307 18,770 19,409 20,010 20,010

2,783 Other 3,059 3,401 3,522 3,589 3,589

21,321 Total 22,568 23,455 24,253 24,970 24,970

none

SME none

1,228 Meal, Fish 1,152 1,340 1,306 1,331 1,331

530 Meal, Rapeseed 290 255 297 320 320

16,896 Meal, Soybean 18,237 18,680 19,299 19,890 19,890

1,481 Other 1,598 1,737 1,785 1,809 1,809

20,135 Total 21,277 22,012 22,688 23,350 23,350

none

Imports none

236 Meal, Fish 278 351 345 352 352

658 Meal, Rapeseed 369 343 403 430 430

14,972 Meal, Soybean 15,661 16,097 16,692 16,826 16,876

563 Other 684 739 674 655 655

16,429 Total 16,992 17,530 18,114 18,263 18,313

none

Industrial Dom. Cons. none

5,218 Oil, Palm 7,226 6,881 8,365 9,245 9,225

0 Oil, Rapeseed 0 0 0 0 0

39 Oil, Soybean 42 46 45 47 47

0 Oil, Sunflowerseed 0 0 0 0 0

4,014 Other 3,988 4,135 4,530 4,747 4,747

9,271 Total 11,256 11,062 12,940 14,039 14,019

none

Food Use Dom. Cons. none

9,053 Oil, Palm 9,231 9,740 10,255 10,680 10,670

54 Oil, Rapeseed 26 32 26 28 28

574 Oil, Soybean 652 680 640 795 775

131 Oil, Sunflowerseed 131 131 131 131 131

1,385 Other 1,421 1,515 1,577 1,652 1,652

11,197 Total 11,461 12,098 12,629 13,286 13,256

none

Domestic Consumption none

14,689 Oil, Palm 16,873 17,087 19,127 20,457 20,427

54 Oil, Rapeseed 26 32 26 28 28

613 Oil, Soybean 694 726 685 842 822

131 Oil, Sunflowerseed 131 131 131 131 131

5,409 Other 5,419 5,660 6,117 6,409 6,409

20,896 Total 23,143 23,636 26,086 27,867 27,817

none

Imports none

3,762 Oil, Palm 3,600 3,708 3,688 3,895 3,865

13 Oil, Rapeseed 13 13 13 13 13

321 Oil, Soybean 290 273 258 288 288

0 Oil, Sunflowerseed 0 0 0 0 0

671 Other 567 508 527 487 487

4,767 Total 4,470 4,502 4,486 4,683 4,653

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

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 32 November 2018Office of Global Analysis

Page 33: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

1,243 Oilseed, Cottonseed 1,032 1,228 1,447 1,643 1,643

256 Oilseed, Rapeseed 254 263 200 228 228

280 Oilseed, Soybean 242 246 252 261 261

1,232 Oilseed, Sunflowerseed 1,147 1,376 1,609 1,859 1,859

124 Other 148 164 165 154 154

3,135 Total 2,823 3,277 3,673 4,145 4,145

none

Domestic Consumption none

85 Meal, Fish 110 121 125 125 125

838 Meal, Rapeseed 840 865 779 796 781

7,065 Meal, Soybean 7,426 7,929 8,223 8,858 8,883

2,925 Other 2,893 3,364 3,823 3,865 3,865

10,913 Total 11,269 12,279 12,950 13,644 13,654

none

SME none

123 Meal, Fish 159 175 181 181 181

596 Meal, Rapeseed 598 615 554 566 556

7,063 Meal, Soybean 7,424 7,927 8,221 8,856 8,881

1,972 Other 1,927 2,247 2,541 2,595 2,595

9,754 Total 10,108 10,964 11,497 12,198 12,213

none

Imports none

79 Meal, Fish 108 124 120 120 120

217 Meal, Rapeseed 196 183 176 183 182

4,319 Meal, Soybean 4,112 4,950 3,968 4,795 4,775

1,419 Other 1,498 1,762 1,888 1,790 1,790

6,034 Total 5,914 7,019 6,152 6,888 6,867

none

Imports none

2,127 Oil, Palm 2,309 2,558 2,644 2,860 2,870

45 Oil, Rapeseed 61 52 65 69 69

506 Oil, Soybean 414 345 344 365 370

1,760 Oil, Sunflowerseed 1,654 2,222 1,695 1,765 1,765

465 Other 171 174 165 182 182

4,903 Total 4,609 5,351 4,913 5,241 5,256

none

Industrial Dom. Cons. none

185 Oil, Palm 185 185 190 190 190

35 Oil, Rapeseed 30 30 15 15 15

137 Oil, Soybean 126 125 135 138 138

20 Oil, Sunflowerseed 20 20 20 20 20

69 Other 58 54 50 52 52

446 Total 419 414 410 415 415

none

Food Use Dom. Cons. none

1,507 Oil, Palm 1,814 1,958 2,118 2,315 2,315

279 Oil, Rapeseed 324 259 240 227 227

901 Oil, Soybean 929 943 987 1,000 1,027

1,951 Oil, Sunflowerseed 2,067 2,301 2,334 2,372 2,372

859 Other 641 636 688 732 732

5,497 Total 5,775 6,097 6,367 6,646 6,673

none

Domestic Consumption none

1,692 Oil, Palm 1,999 2,143 2,308 2,505 2,505

314 Oil, Rapeseed 354 289 255 242 242

1,116 Oil, Soybean 1,135 1,123 1,182 1,208 1,235

1,981 Oil, Sunflowerseed 2,097 2,331 2,364 2,402 2,402

935 Other 705 700 745 791 791

6,038 Total 6,290 6,586 6,854 7,148 7,175

Middle East includes Bahrain, Gaza Strip, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey,

United Arab Emirates, West Banks, and Yemen.

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 33 November 2018Office of Global Analysis

Page 34: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

24,587 Oilseed, Rapeseed 21,997 20,538 22,145 19,500 19,500

1,832 Oilseed, Soybean 2,320 2,410 2,667 2,700 2,700

8,974 Oilseed, Sunflowerseed 7,721 8,598 9,679 9,600 9,850

510 Other 409 418 493 529 530

35,903 Total 32,447 31,964 34,984 32,329 32,580

none

Domestic Consumption none

529 Meal, Fish 581 536 570 550 550

14,200 Meal, Rapeseed 13,800 13,680 13,700 13,100 13,100

30,142 Meal, Soybean 30,742 30,292 30,042 31,342 31,342

9,369 Other 9,181 9,920 10,016 10,289 10,339

54,240 Total 54,304 54,428 54,328 55,281 55,331

none

SME none

767 Meal, Fish 842 775 824 795 795

10,103 Meal, Rapeseed 9,819 9,733 9,748 9,321 9,321

30,100 Meal, Soybean 30,700 30,250 30,000 31,300 31,300

5,394 Other 5,242 5,799 5,875 6,061 6,094

46,365 Total 46,604 46,557 46,446 47,476 47,509

none

Imports none

279 Meal, Fish 284 193 200 200 200

453 Meal, Rapeseed 409 219 242 300 300

19,623 Meal, Soybean 19,213 18,869 18,400 18,500 18,500

5,469 Other 5,502 5,688 5,556 5,754 5,754

25,824 Total 25,408 24,969 24,398 24,754 24,754

none

Industrial Dom. Cons. none

3,400 Oil, Palm 3,400 3,700 3,550 3,550 3,550

7,095 Oil, Rapeseed 7,200 7,100 6,950 6,550 6,550

990 Oil, Soybean 930 850 870 900 900

310 Oil, Sunflowerseed 420 400 330 330 330

515 Other 475 525 555 545 565

12,310 Total 12,425 12,575 12,255 11,875 11,895

none

Food Use Dom. Cons. none

3,300 Oil, Palm 3,000 2,900 2,800 2,700 2,700

3,200 Oil, Rapeseed 2,800 2,950 3,000 2,950 2,950

1,000 Oil, Soybean 1,300 1,300 1,300 1,300 1,300

3,350 Oil, Sunflowerseed 3,850 4,200 4,250 4,450 4,450

2,317 Other 2,358 2,151 2,358 2,487 2,499

13,167 Total 13,308 13,501 13,708 13,887 13,899

none

Domestic Consumption none

6,900 Oil, Palm 6,600 6,800 6,550 6,450 6,450

10,345 Oil, Rapeseed 10,050 10,100 10,000 9,550 9,550

2,040 Oil, Soybean 2,285 2,205 2,225 2,255 2,255

3,670 Oil, Sunflowerseed 4,280 4,610 4,590 4,790 4,790

2,854 Other 2,848 2,691 2,928 3,047 3,079

25,809 Total 26,063 26,406 26,293 26,092 26,124

none

Imports none

6,935 Oil, Palm 6,717 7,223 6,700 6,500 6,500

261 Oil, Rapeseed 207 153 158 150 150

253 Oil, Soybean 325 285 280 200 200

829 Oil, Sunflowerseed 1,418 1,834 1,500 1,650 1,600

1,603 Other 1,396 1,422 1,561 1,436 1,451

9,881 Total 10,063 10,917 10,199 9,936 9,901

European Union includes Austria, Belgium, Bulgaria, Croatia, 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.

Foreign Agricultural Service/USDA 34 November 2018Office of Global Analysis

Page 35: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

15,901 Oilseed, Peanut 15,961 16,361 17,092 17,800 17,000

13,914 Oilseed, Rapeseed 13,859 13,128 13,274 13,950 12,850

12,690 Oilseed, Soybean 12,360 13,644 15,200 15,000 16,000

2,492 Oilseed, Sunflowerseed 2,698 2,990 3,120 3,250 3,250

11,757 Other 8,600 8,800 10,800 10,800 10,800

56,754 Total 53,478 54,923 59,486 60,800 59,900

none

Domestic Consumption none

1,474 Meal, Fish 1,439 2,019 1,640 1,550 1,550

10,764 Meal, Rapeseed 10,572 10,777 11,360 12,232 11,548

57,467 Meal, Soybean 62,663 68,646 70,300 73,182 72,390

8,683 Other 7,832 8,252 9,324 9,695 9,395

78,388 Total 82,506 89,694 92,624 96,659 94,883

none

SME none

2,137 Meal, Fish 2,087 2,928 2,370 2,240 2,240

7,338 Meal, Rapeseed 7,202 7,348 7,762 8,383 7,896

56,487 Meal, Soybean 61,663 67,596 69,200 72,032 71,240

7,560 Other 6,983 7,260 8,146 8,492 8,154

73,523 Total 77,935 85,131 87,479 91,146 89,530

none

Imports none

1,031 Meal, Fish 1,042 1,583 1,200 1,100 1,100

142 Meal, Rapeseed 359 875 1,225 1,000 1,000

58 Meal, Soybean 24 61 120 30 30

553 Other 403 657 655 735 695

1,784 Total 1,828 3,176 3,200 2,865 2,825

none

Food Use Dom. Cons. none

3,750 Oil, Palm 2,700 2,650 2,900 3,100 3,300

2,757 Oil, Peanut 2,855 2,807 2,964 3,094 2,886

7,800 Oil, Rapeseed 8,500 8,600 8,600 8,650 8,100

14,200 Oil, Soybean 15,350 16,350 16,550 17,300 17,400

998 Oil, Sunflowerseed 1,379 1,332 1,428 1,617 1,617

1,563 Other 1,272 1,296 1,558 1,573 1,573

31,068 Total 32,056 33,035 34,000 35,334 34,876

none

Domestic Consumption none

5,700 Oil, Palm 4,800 4,750 5,100 5,400 5,600

2,757 Oil, Peanut 2,855 2,807 2,964 3,094 2,886

7,800 Oil, Rapeseed 8,500 8,600 8,600 8,650 8,100

14,200 Oil, Soybean 15,350 16,350 16,550 17,300 17,400

998 Oil, Sunflowerseed 1,379 1,332 1,428 1,617 1,617

2,141 Other 1,832 1,891 2,138 2,153 2,153

33,596 Total 34,716 35,730 36,780 38,214 37,756

none

Imports none

5,696 Oil, Palm 4,689 4,881 5,200 5,400 5,600

141 Oil, Peanut 113 111 110 110 110

732 Oil, Rapeseed 768 802 1,050 1,000 1,050

773 Oil, Soybean 586 711 510 700 800

534 Oil, Sunflowerseed 878 725 765 900 900

751 Other 737 773 756 758 758

8,627 Total 7,771 8,003 8,391 8,868 9,218

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 35 November 2018Office of Global Analysis

Page 36: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2014/15 2015/16 2016/17 2017/18

Oct

2018/19

Nov

2018/19

none

Production none

12,525 Oilseed, Cottonseed 10,996 11,463 12,312 12,185 11,887

4,855 Oilseed, Peanut 4,470 6,924 6,650 4,700 4,700

5,080 Oilseed, Rapeseed 5,920 6,620 6,450 6,500 6,500

8,711 Oilseed, Soybean 6,929 10,992 8,350 10,350 11,000

383 Oilseed, Sunflowerseed 323 318 230 350 350

730 Other 735 735 770 770 770

32,284 Total 29,373 37,052 34,762 34,855 35,207

none

Domestic Consumption none

4,250 Meal, Cottonseed 3,959 3,725 4,266 4,204 4,204

1,252 Meal, Peanut 1,108 1,587 1,586 1,255 1,255

1,600 Meal, Rapeseed 2,600 2,750 2,800 2,900 2,700

4,500 Meal, Soybean 4,460 4,750 4,750 5,740 5,650

184 Meal, Sunflowerseed 315 439 291 397 347

376 Other 435 446 480 485 485

12,162 Total 12,877 13,697 14,173 14,981 14,641

none

SME none

3,444 Meal, Cottonseed 3,208 3,018 3,457 3,407 3,407

1,402 Meal, Peanut 1,240 1,778 1,777 1,405 1,405

1,138 Meal, Rapeseed 1,850 1,957 1,992 2,063 1,921

4,350 Meal, Soybean 4,300 4,500 4,500 5,450 5,400

123 Meal, Sunflowerseed 210 293 194 265 231

164 Other 190 193 209 211 211

10,621 Total 10,998 11,739 12,129 12,801 12,575

none

Food Use Dom. Cons. none

1,255 Oil, Cottonseed 1,230 1,120 1,300 1,275 1,250

8,750 Oil, Palm 8,600 9,000 8,800 10,200 10,000

970 Oil, Peanut 860 1,150 1,250 1,000 950

1,900 Oil, Rapeseed 2,200 2,350 2,400 2,300 2,350

4,100 Oil, Soybean 5,250 5,200 4,620 4,800 4,900

1,700 Oil, Sunflowerseed 1,665 2,000 2,900 2,200 2,300

380 Other 265 240 260 260 260

19,055 Total 20,070 21,060 21,530 22,035 22,010

none

Domestic Consumption none

1,300 Oil, Cottonseed 1,275 1,165 1,345 1,320 1,295

9,150 Oil, Palm 9,100 9,550 9,400 10,820 10,620

980 Oil, Peanut 870 1,160 1,260 1,010 960

1,980 Oil, Rapeseed 2,280 2,435 2,480 2,380 2,430

4,100 Oil, Soybean 5,250 5,200 4,620 4,800 4,900

1,700 Oil, Sunflowerseed 1,665 2,000 2,900 2,200 2,300

672 Other 553 506 564 569 569

19,882 Total 20,993 22,016 22,569 23,099 23,074

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

9,139 Oil, Palm 8,860 9,341 9,000 10,600 10,500

0 Oil, Peanut 0 0 0 0 0

383 Oil, Rapeseed 383 317 300 300 300

2,815 Oil, Soybean 4,269 3,534 3,000 3,400 3,400

1,575 Oil, Sunflowerseed 1,492 2,151 2,550 2,100 2,200

224 Other 106 82 107 110 110

14,136 Total 15,110 15,425 14,957 16,510 16,510

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 36 November 2018Office of Global Analysis

Page 37: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Year Rapeseed Copra

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

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

Oct - Sep Average

07/08-16/17 414 424 453 451 485 518 1517 491 514 506 814

2007/08 414 452 472 469 550 458 1,688 532 745 644 867

2008/09 368 365 403 392 421 517 1,204 461 364 393 487

2009/10 354 357 390 395 429 467 1,209 342 452 419 613

2010/11 454 482 508 511 549 508 1,792 591 661 647 1188

2011/12 488 505 549 533 562 729 2,480 632 593 616 829

2012/13 530 537 538 543 592 635 1,391 546 580 579 570

2013/14 482 487 514 517 542 524 1,300 480 466 505 854

2014/15 362 356 388 401 407 482 1,294 506 432 417 749

2015/16 339 346 382 375 396 419 1,260 433 440 409 907

2016/17 347 351 385 376 404 437 1,554 386 408 432 1076

2017/18

Oct 337 343 386 378 399 522 1,275 370 390 430 989

Nov 339 346 386 371 401 511 1,250 366 393 438 1,038

Dec 342 345 384 368 399 531 1,231 375 395 425 958

Jan 342 345 384 365 405 509 1,225 388 398 426 943

Feb 349 358 394 383 418 498 1,200 390 408 429 835

Mar 360 366 414 401 432 538 1,302 381 416 423 745

Apr 361 367 428 424 442 514 1,430 397 423 418 756

May 362 363 406 415 431 500 1,420 395 422 411 692

Jun 351 328 386 382 398 500 1,360 390 420 406 623

Jul 334 301 393 380 378 494 1,375 384 401 422 614

Aug 316 302 393 383 380 485 1,380 373 389 436 616

Sep 322 284 397 380 358 489 1,360 368 378 432 598

Average 343 337 396 386 403 508 1,317 381 403 425 784

2018/19

*Oct N/A 291 412 393 368 N/A 1,315 N/A 375 432 558

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average #### 291 412 393 368 #### 1,315 #### 375 432 558

7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA

9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.

* Preliminary 11/8/2018 8:30:41 AM

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC

5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

Table 29: Oilseed Prices

U.S. Dollars per Metric TonSoybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.

Foreign Agricultural Service/USDA 37 November 2018Office of Global Analysis

Page 38: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Year Fish

Beg U.S. Brz Arg Hamb U.S. Ukr Brem

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

Oct - Sep Average

07/08-16/17 406 384 380 430 213 253 1495

2007/08 370 337 299 469 191 298 1146

2008/09 365 333 290 401 168 178 1103

2009/10 343 327 311 391 167 222 1668

2010/11 381 383 386 418 242 254 1607

2011/12 434 442 442 461 272 263 1448

2012/13 516 489 506 538 266 318 1,791

2013/14 540 500 509 533 263 315 1,660

2014/15 406 376 386 403 231 269 1,632

2015/16 358 335 349 351 169 233 1,517

2016/17 349 322 326 336 160 178 1,377

2017/18

Oct 347 326 320 337 169 169 1,378

Nov 346 322 323 333 182 163 1,388

Dec 352 333 340 348 204 172 1,480

Jan 356 343 352 361 196 176 1,572

Feb 400 384 400 400 205 206 1,605

Mar 419 397 415 427 207 239 1,604

Apr 425 419 458 447 212 259 1,578

May 434 416 433 443 222 269 1,510

Jun 392 390 385 391 194 270 1,494

Jul 376 376 376 382 171 265 1,495

Aug 367 358 351 363 169 261 1,477

Sep 351 348 342 347 166 235 1,491

Average 380 368 375 382 191 224 1,506

2018/19

*Oct 352 349 340 347 181 235 1,483

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 352 349 340 347 181 235 1,483

1/ Decatur, Average Wholsale 48% Protein; USDA. 2/ Brazil Paranagua, FOB; 48% Protein; IGC.

3/ Argentina Pellets, Up River, FOB; IGC; 4/ Hamburg FOB 44/45% Ex-Mill; Oil World.

5/ Memphis FOB; 41% Protein Solvent Extraction; USDA; 6/ Minneapolis FOB; 32% Protein; USDA.

7/ HiPro a.o. cif France or Ukraine DAF; Argentina Pellet 37-38% (Prior to Aug 2012); Oilworld.

8/ Bremen 64-65% Protein; Oil World. 9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.

* Preliminary 11/8/2018 8:30:41 AM

272

274 272

353

323

252

256

366

416

335

230

268

281

277

259

293

305

282

264

204

285

334

356

290

288

252

269

232

208

225

216

241

267

285

287

274

289

284

279

287

281

244

302

303

U.S.

5/

305

280

Table 30: Protein Meal Prices

U.S. Dollars per Metric TonSoybean SunseedCottonseed Rapeseed

Hamb

9/

269

298

195

221

278

295

Foreign Agricultural Service/USDA 38 November 2018Office of Global Analysis

Page 39: China Soybean Imports Lowered › usda-esmis › ... · 2018-11-08 · Oil, Palm Import 10,600 10,500 -100 Higher soybean crush and soybean oil production forecast offsets demand

Year Cottonseed Palm Canola Coconut 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

07/08-16/17 892 921 919 1,007 1,104 1,470 1,071 1,659 1,649 822 1,036 1,222 1,010

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

2008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 722

2009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866

2010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331

2011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,236

2012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029

2013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869

2014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827

2015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865

2016/17 718 765 763 848 902 1,181 807 1,496 1,524 699 871 1,621 825

2017/18

Oct 713 770 775 867 817 1,235 788 1,443 1,410 681 889 1,485 771

Nov 737 781 786 881 816 1,224 795 1,433 1,368 670 930 1,549 760

Dec 711 753 758 866 755 1,208 787 1,437 1,356 619 879 1,456 749

Jan 697 759 766 864 722 1,224 784 1,458 1,335 650 848 1,399 676

Feb 675 748 753 842 693 1,213 794 1,469 1,325 654 829 1,252 655

Mar 668 747 749 834 691 1,190 790 1,477 1,325 658 798 1,124 654

Apr 655 730 735 827 688 1,190 802 1,474 1,330 651 794 1,135 650

May 648 710 719 793 689 1,190 782 1,466 1,316 639 812 1,029 654

Jun 624 685 680 786 659 1,190 759 1,493 1,308 605 817 938 651

Jul 600 666 660 775 634 1,190 774 1,499 1,289 570 836 917 634

Aug 608 657 641 766 631 1,190 739 1,499 1,281 559 853 917 591

Sep 611 653 642 757 637 1,190 713 1,491 1,264 552 843 903 583

Average 662 722 722 822 703 1,203 776 1,470 1,326 626 844 1,175 669

2018/19

*Oct 637 676 658 760 674 1,190 712 1,469 1,225 539 875 841 599

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Average 637 676 658 760 674 1,190 712 1,469 1,225 539 875 841 599

1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.

3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; 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. 13/ Chicago; Crude; AMS

* Preliminary

Table 31: Vegetable Oil Prices

U.S. Dollars per Metric Ton

11/8/2018 8:30:41 AM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA 39 November 2018Office of Global Analysis