u.s. soybean sales expand at record pace - usda foreign

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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA April 2019 Canada Rapeseed Exports Lowered Following Trade Dispute with China Canada’s rapeseed export forecast for 2018/19 was reduced 1 million tons this month in response to a slowing pace of trade and the recent trade dispute with China. Exports are now forecast to reach 10.6 million tons, down slightly from the previous year. However, the export pace will need to accelerate relative to last year to reach the current forecast as exports for the 12-months ending in January 2019 have fallen to below 10 million tons. To achieve this, Canada may need a quick resolution to the current trade dispute that has cut off access to the China market for the two largest exporters, Richardson International and Viterra, in response to China’s contention that shipments have failed to meet quality standards regarding prohibited pests. While Canada can potentially locate other markets to cover the shortfall to China, it may not be easy. Since 12-month exports peaked in late 2017 at nearly 11.7 million tons, exports to markets outside China have remained flat or declined. Part of the issue is competition with soybeans, particularly from the United States, that has likely contributed to lower demand for rapeseed in the United States, Mexico and South Asia. And with limited potential to expand trade with Japan, Canada’s second largest market, exporters will face significant challenges in the coming year. For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new 0.0 1.0 2.0 3.0 4.0 5.0 6.0 01/2017 07/2017 01/2018 07/2018 01/2019 Million Tons Trends in Canada's Rapeseed Exports 12-Month Moving Totals Japan Mexico China ROW 8.5 9.0 9.5 10.0 10.5 11.0 11.5 12.0 01/2017 07/2017 01/2018 07/2018 01/2019 Million Tons Trend in Canada's Total Rapeseed Trade 12-Month Totals

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Page 1: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

United States Department of Agriculture

Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

April 2019

Canada Rapeseed Exports Lowered Following Trade Dispute with China

Canada’s rapeseed export forecast for 2018/19 was reduced 1 million tons this month in response to a slowing pace of trade and the recent trade dispute with China. Exports are now forecast to reach 10.6 million tons, down slightly from the previous year. However, the export pace will need to accelerate relative to last year to reach the current forecast as exports for the 12-months ending in January 2019 have fallen to below 10 million tons. To achieve this, Canada may need a quick resolution to the current trade dispute that has cut off access to the China market for the two largest exporters, Richardson International and Viterra, in response to China’s contention that shipments have failed to meet quality standards regarding prohibited pests.

While Canada can potentially locate other markets to cover the shortfall to China, it may not be easy. Since 12-month exports peaked in late 2017 at nearly 11.7 million tons, exports to markets outside China have remained flat or declined. Part of the issue is competition with soybeans, particularly from the United States, that has likely contributed to lower demand for rapeseed in the United States, Mexico and South Asia. And with limited potential to expand trade with Japan, Canada’s second largest market, exporters will face significant challenges in the coming year.

For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

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Trends in Canada's Rapeseed Exports12-Month Moving Totals

Japan Mexico China ROW

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Page 2: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

On a more positive note, despite the current restrictions on rapeseed exports to China, exports of products, meal and oil, are currently unaffected. In fact, exports of rapeseed meal and oil to China are increasing. Since the end of 2016, China’s share of Canada’s rapeseed meal exports has risen from 15 to

0.00.51.01.52.02.53.03.54.04.55.0

12/2016

30 percent. But with crush 06/2017 12/2017 06/2018 12/2018

capacity limited, overall export growth has also been limited at 6%. Consequently, the rising share of China trade has come at the expense of trade with other markets, particularly the United States.

For rapeseed oil, a similar pattern exists with a rising share of exports to China, from 21 to 36% since 2016, but at the expense of exports to other markets. Though unlike rapeseed meal, oil exports have grown more rapidly since 2016 at 12% yet still face the prospect of limited supply growth due to restrictions on expanding crush volume.

Mill

ion

Tons

Trend in Canada's Rapeseed Meal Exports12-month moving totals

United States China ROW

Page 3: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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EXPORT PRICES

U.S. soybean export bids in March, FOB Gulf, averaged $351/ton, unchanged from February.

Brazil Paranagua averaged $344/ton, down $9 from February. Argentina Up River FOB averaged

$335/ton, plummeting $12 from both last month and January. U.S. soybean meal export bids (FOB

Gulf) in March averaged $342/ton, up $2 from February. Brazil Paranagua FOB averaged $319/ton,

down $6 from February while Argentina Up River FOB averaged $320/ton, down $6 from February.

The export price spread between U.S. and South American soybeans has narrowed over the past 6

months. U.S. Gulf prices, that were showing a $95/ton discount to Brazilian origin as late as mid-

October, narrowed to less than $10/ton in late December and have settled at a $5 to $10/ton

premium since late February. A similar pattern exists with Argentine origin where the current

premium for U.S. soybeans ranges between $15 to $18/ton. The narrowing price spread between

the United States and South America is a direct response to the resumption in sales of U.S.

soybeans to China. Other factors influencing the price spreads include post-harvest lows in South

America and disruptions to inland shipping due to river flooding in the United States that have

added to costs. For soybean meal, the price spread between U.S. and South American origin has

risen over the past month with U.S. premiums running $10/ton higher at $25/ton over Brazilian

meal in late March.

SOYBEAN EXPORT PRICES

Argentina (Up River) Brazil (Paranagua) U.S. (Gulf)

OVERVIEW FOR 2018/19

Global oilseed production is forecast fractionally higher at 595.0 million tons compared to

593.0 million tons last month. Higher rapeseed and soybean production more than offset

decreases for peanuts and sunflowerseed. Global rapeseed production is up 1.4 million tons

with greater area harvested in India prompting the higher output. Brazil soybean production

is raised but is unchanged from the February forecast. Global oilseed crush is mostly

unchanged while oilseed trade falls roughly 1 million tons in response to the trade issues

between Canada and China. Global oilseed stocks are up slightly on larger carryover in

Brazil soybean stocks following a slightly higher estimate for 2018 production. Global meal

trade is higher this month on larger exports and imports of rapeseed meal. Global vegetable

oil trade is also higher this month on increased demand for imports by China following a

decline in rapeseed crush and oil output. The U.S. season-average farm price projection for

soybeans is unchanged at $8.60 per bushel.

Foreign Agricultural Service/USDA 3 April 2019Office of Global Analysis

Page 4: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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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

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U.S. Soybean Accumulated Exports

as of March 29

China the EU Rest of World

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China Unknown Rest of World

U.S. Soybean Outstanding

Sales as of March 29

Foreign Agricultural Service/USDA 4 April 2019Office of Global Analysis

Page 5: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

EXPORT SALES

For the week ending March 29, 2019, U.S.

2018/19 soybean export commitments

(outstanding sales plus accumulated exports) to

China totaled 12.9 million tons compared to 28.7

million a year ago. Total commitments to the

world were 43.6 million tons, compared to 51.5

million for the same period last year.

Accumulated soybean exports were 30.0 million

tons, more than one-quarter below the same

period last year. Accumulated soybean exports

to China were 4.9 million tons, more than 21

million tons less compared to last year.

Shipments to the rest of the world were 25.1

million tons, 9.5 million above last year for the

same period.

2018/19 OUTLOOK CHANGES

Country Commodity Attribute Previous Current Change Reason

Canada Oilseed, Rapeseed Exports 11,600 10,600 -1000 Response to China trade restrictions

China

Oilseed, Rapeseed Imports 5,300 4,400 -900 Response to Canada trade

restrictions

Meal, Sunflowerseed Imports 650 950 +300 An offset to reduced rapeseed crush

Meal, Rapeseed Imports 1,100 1,325 +225 Continued strong pace of purchases

from Canada

Oil, Palm Imports 5,800 6,000 +200 Offset from lower rapeseed crush

India

Meal, Rapeseed Exports 650 900 +250 Likely exports to China with larger

crop and crush

Oil, Sunflowerseed Imports 2,200 2,400 +200 Strong demand out of Ukraine

Oilseed, Peanut Exports 750 600 -150 Smaller supplies

Peru Meal, Fish Exports 950 1,090 +140 Growing supplies available

Vietnam Oilseed, Peanut Imports 270 150 -120 Slowing trend in imports

Note: All figures are in thousand metric tons.

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U.S. Soybean Total Commitments

as of March 29

Foreign Agricultural Service/USDA 5 April 2019Office of Global Analysis

Page 6: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Country Commodity Attribute Previous Current Change Reasons

Argentina Oilseed, Peanut Exports 740 550 -190 Final trade data

Egypt Oil, Palm Imports 1,250 1,095 -155 Final trade data

Vietnam Oilseed, Peanut Imports 250 109 -141 Pace of trade

Indonesia Oil, Coconut Exports 520 640 120 Final trade data

Note: All figures are in thousand metric tons.

Questions may be directed to:

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

Graham Soley (202) 772-4235 [email protected] (or [email protected])

Elisa Loeser (202) 720-9459 [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 6 April 2019Office of Global Analysis

Page 7: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 7 April 2019Office of Global Analysis

Page 8: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

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 44.98 43.45 43.62

16.57 Oilseed, Palm Kernel 15.96 17.35 18.70 19.45 19.44

41.55 Oilseed, Peanut 41.23 44.16 44.93 41.86 41.77

70.43 Oilseed, Rapeseed 68.74 69.43 74.67 70.91 72.34

320.72 Oilseed, Soybean 316.57 349.31 341.67 360.08 360.58

39.19 Oilseed, Sunflowerseed 40.57 48.01 47.35 51.46 51.41

538.23 Total 524.13 572.85 578.03 593.03 594.99

none

Imports none

0.10 Oilseed, Copra 0.13 0.11 0.11 0.10 0.10

0.68 Oilseed, Cottonseed 0.68 0.97 0.76 0.74 0.76

0.07 Oilseed, Palm Kernel 0.06 0.06 0.08 0.07 0.07

2.52 Oilseed, Peanut 3.31 3.16 3.02 3.31 3.12

14.32 Oilseed, Rapeseed 14.15 15.51 15.33 16.63 15.66

124.36 Oilseed, Soybean 133.35 144.22 153.26 151.22 151.18

1.56 Oilseed, Sunflowerseed 1.87 2.17 2.15 2.06 2.08

143.60 Total 153.53 166.19 174.70 174.12 172.97

none

Exports none

0.12 Oilseed, Copra 0.15 0.19 0.18 0.14 0.19

0.70 Oilseed, Cottonseed 0.71 0.84 0.94 0.80 0.80

0.04 Oilseed, Palm Kernel 0.04 0.08 0.08 0.05 0.05

3.33 Oilseed, Peanut 3.53 3.67 3.35 3.57 3.39

15.11 Oilseed, Rapeseed 14.35 15.80 16.21 17.01 16.05

126.23 Oilseed, Soybean 132.57 147.50 152.96 154.20 154.33

1.66 Oilseed, Sunflowerseed 2.01 2.46 2.44 2.40 2.32

147.18 Total 153.37 170.55 176.16 178.16 177.12

none

Crush none

5.38 Oilseed, Copra 5.28 5.40 5.64 5.78 5.71

33.79 Oilseed, Cottonseed 28.37 29.19 34.23 34.25 34.16

16.51 Oilseed, Palm Kernel 15.88 17.21 18.63 19.35 19.35

16.62 Oilseed, Peanut 16.72 17.81 18.38 17.19 17.36

67.09 Oilseed, Rapeseed 66.71 67.34 68.51 68.18 68.35

264.75 Oilseed, Soybean 275.13 287.28 295.15 303.85 303.79

35.64 Oilseed, Sunflowerseed 36.67 43.07 43.32 46.25 46.35

439.78 Total 444.76 467.29 483.86 494.84 495.05

none

Ending Stocks none

0.10 Oilseed, Copra 0.08 0.07 0.07 0.06 0.07

1.67 Oilseed, Cottonseed 0.88 1.39 1.64 1.18 1.19

0.26 Oilseed, Palm Kernel 0.24 0.24 0.18 0.21 0.17

4.26 Oilseed, Peanut 3.55 3.81 4.16 2.72 2.95

7.26 Oilseed, Rapeseed 6.17 4.99 7.18 6.46 7.56

79.31 Oilseed, Soybean 80.41 95.65 99.05 107.17 107.36

2.90 Oilseed, Sunflowerseed 2.65 3.34 3.10 3.92 3.93

95.75 Total 93.97 109.49 115.37 121.71 123.23

Totals may not add due to rounding

Foreign Agricultural Service/USDA 8 April 2019Office of Global Analysis

Page 9: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

1.79 Meal, Copra 1.77 1.80 1.89 1.94 1.91

15.52 Meal, Cottonseed 13.07 13.44 15.77 15.80 15.76

4.69 Meal, Fish 4.51 4.87 4.98 4.73 4.73

8.53 Meal, Palm Kernel 8.18 8.89 9.74 10.09 10.08

6.61 Meal, Peanut 6.64 7.09 7.33 6.83 6.90

38.72 Meal, Rapeseed 38.61 38.80 39.54 39.42 39.54

208.48 Meal, Soybean 215.97 225.55 232.35 238.20 238.10

16.16 Meal, Sunflowerseed 16.51 19.35 19.59 20.86 20.90

300.50 Total 305.24 319.79 331.18 337.86 337.92

none

Imports none

0.67 Meal, Copra 0.56 0.48 0.64 0.57 0.57

0.25 Meal, Cottonseed 0.22 0.24 0.31 0.31 0.34

2.50 Meal, Fish 2.46 3.07 3.01 2.81 2.84

6.83 Meal, Palm Kernel 6.41 7.58 7.96 8.01 8.03

0.03 Meal, Peanut 0.02 0.13 0.05 0.07 0.07

6.01 Meal, Rapeseed 5.72 5.90 6.22 6.42 6.55

60.71 Meal, Soybean 62.10 60.40 59.99 62.68 62.72

5.53 Meal, Sunflowerseed 5.96 6.96 6.59 7.17 7.36

82.52 Total 83.44 84.75 84.77 88.04 88.48

none

Exports none

0.74 Meal, Copra 0.58 0.42 0.71 0.61 0.66

0.32 Meal, Cottonseed 0.25 0.34 0.45 0.39 0.39

2.28 Meal, Fish 2.21 2.53 2.50 2.38 2.58

6.63 Meal, Palm Kernel 6.45 6.72 7.17 7.43 7.50

0.05 Meal, Peanut 0.05 0.16 0.10 0.09 0.10

6.07 Meal, Rapeseed 5.69 5.98 6.35 6.49 6.69

64.41 Meal, Soybean 65.53 64.55 63.82 66.79 66.79

5.87 Meal, Sunflowerseed 6.23 7.44 6.89 7.36 7.63

86.36 Total 86.99 88.13 87.99 91.54 92.36

none

Domestic Consumption none

1.72 Meal, Copra 1.73 1.80 1.86 1.90 1.82

15.45 Meal, Cottonseed 13.18 13.32 15.62 15.74 15.73

4.87 Meal, Fish 4.75 5.42 5.32 5.17 5.20

8.71 Meal, Palm Kernel 8.34 9.68 10.40 10.59 10.61

6.59 Meal, Peanut 6.57 7.09 7.29 6.81 6.86

38.59 Meal, Rapeseed 38.52 38.75 39.39 39.37 39.43

201.59 Meal, Soybean 213.15 221.66 229.42 234.55 234.51

15.58 Meal, Sunflowerseed 16.19 19.10 19.27 20.64 20.79

293.10 Total 302.43 316.83 328.56 334.77 334.93

none

Ending Stocks none

0.15 Meal, Copra 0.16 0.22 0.17 0.15 0.17

0.22 Meal, Cottonseed 0.07 0.10 0.11 0.10 0.10

0.26 Meal, Fish 0.27 0.26 0.43 0.31 0.21

0.58 Meal, Palm Kernel 0.38 0.44 0.58 0.60 0.58

0.03 Meal, Peanut 0.06 0.03 0.03 0.03 0.03

1.00 Meal, Rapeseed 1.11 1.08 1.10 0.80 1.07

14.05 Meal, Soybean 13.44 13.18 12.28 11.82 11.80

1.69 Meal, Sunflowerseed 1.74 1.51 1.52 1.52 1.36

17.97 Total 17.23 16.81 16.21 15.32 15.32

Totals may not add due to rounding

Foreign Agricultural Service/USDA 9 April 2019Office of Global Analysis

Page 10: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

3.37 Oil, Coconut 3.31 3.39 3.54 3.63 3.58

5.12 Oil, Cottonseed 4.29 4.42 5.19 5.20 5.16

2.40 Oil, Olive 3.13 2.48 3.26 3.10 3.09

61.78 Oil, Palm 58.87 65.23 70.46 73.49 73.48

7.32 Oil, Palm Kernel 7.00 7.62 8.32 8.57 8.57

5.38 Oil, Peanut 5.42 5.77 5.96 5.57 5.62

27.41 Oil, Rapeseed 27.34 27.54 28.10 27.96 28.03

49.29 Oil, Soybean 51.56 53.72 55.17 56.97 56.97

14.97 Oil, Sunflowerseed 15.39 18.16 18.25 19.45 19.45

177.03 Total 176.30 188.33 198.24 203.93 203.94

none

Imports none

1.82 Oil, Coconut 1.61 1.50 1.69 1.60 1.65

0.08 Oil, Cottonseed 0.06 0.05 0.06 0.05 0.05

0.90 Oil, Olive 0.79 0.79 0.92 0.89 0.89

44.97 Oil, Palm 42.87 45.86 46.19 49.88 50.00

3.06 Oil, Palm Kernel 2.64 2.69 2.77 2.83 2.84

0.25 Oil, Peanut 0.25 0.23 0.24 0.23 0.25

3.95 Oil, Rapeseed 4.13 4.39 4.49 4.94 4.87

10.04 Oil, Soybean 11.69 10.97 9.72 10.68 10.86

6.18 Oil, Sunflowerseed 7.02 8.88 8.53 8.46 8.60

71.23 Total 71.05 75.34 74.60 79.55 79.99

none

Exports none

1.94 Oil, Coconut 1.59 1.91 1.73 1.69 1.78

0.14 Oil, Cottonseed 0.07 0.07 0.09 0.09 0.10

0.99 Oil, Olive 0.87 0.88 1.02 0.97 0.96

47.35 Oil, Palm 43.81 48.87 48.46 52.03 52.03

3.24 Oil, Palm Kernel 3.02 3.08 3.12 3.27 3.20

0.26 Oil, Peanut 0.25 0.27 0.26 0.28 0.26

4.07 Oil, Rapeseed 4.17 4.49 4.60 5.04 5.02

11.12 Oil, Soybean 11.77 11.24 10.50 11.33 11.34

7.39 Oil, Sunflowerseed 8.11 10.42 9.73 9.96 9.98

76.50 Total 73.65 81.23 79.50 84.67 84.67

none

Domestic Consumption none

3.28 Oil, Coconut 3.23 3.07 3.38 3.50 3.44

5.06 Oil, Cottonseed 4.40 4.39 5.15 5.15 5.11

2.65 Oil, Olive 2.81 2.59 2.87 3.07 3.07

58.43 Oil, Palm 59.71 61.66 66.30 71.02 72.21

7.21 Oil, Palm Kernel 6.81 7.21 7.80 8.06 8.17

5.37 Oil, Peanut 5.40 5.64 5.96 5.52 5.59

27.04 Oil, Rapeseed 28.18 28.91 28.96 28.39 28.40

47.74 Oil, Soybean 52.20 53.41 54.61 56.23 56.35

14.12 Oil, Sunflowerseed 15.22 16.55 17.11 17.72 17.91

170.90 Total 177.96 183.43 192.13 198.66 200.25

none

Ending Stocks none

0.38 Oil, Coconut 0.47 0.39 0.51 0.51 0.51

0.22 Oil, Cottonseed 0.10 0.11 0.13 0.14 0.14

0.31 Oil, Olive 0.53 0.34 0.62 0.56 0.56

10.01 Oil, Palm 8.22 8.78 10.67 10.79 9.91

0.87 Oil, Palm Kernel 0.68 0.70 0.87 0.86 0.90

0.24 Oil, Peanut 0.26 0.34 0.31 0.30 0.32

6.52 Oil, Rapeseed 5.64 4.17 3.20 2.76 2.68

4.47 Oil, Soybean 3.75 3.79 3.57 3.71 3.70

2.59 Oil, Sunflowerseed 1.67 1.75 1.69 1.42 1.86

25.59 Total 21.33 20.35 21.55 21.05 20.56

Totals may not add due to rounding

Foreign Agricultural Service/USDA 10 April 2019Office of Global Analysis

Page 11: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

116.05 United States 115.89 126.94 131.48 134.00 134.00

100.15 Brazil 99.02 117.59 125.80 121.16 121.59

66.31 Argentina 63.10 60.16 42.52 59.99 60.05

56.75 China 53.48 54.92 59.49 59.78 59.88

32.28 India 29.37 37.05 35.41 34.81 36.21

166.68 Other 163.27 176.19 183.33 183.29 183.26

538.23 Total 524.13 572.85 578.03 593.03 594.99

Imports none

83.15 China 87.93 98.42 99.28 93.87 92.93

17.35 European Union 19.86 19.16 20.06 21.84 21.84

5.73 Mexico 5.82 6.03 6.76 7.09 7.08

5.70 Japan 5.78 5.79 5.86 5.98 5.98

0.00 Argentina 0.68 1.67 5.05 5.35 5.35

2.01 Egypt 1.37 2.18 3.33 3.42 3.42

1.67 Pakistan 2.62 2.77 3.12 3.35 3.31

2.51 Thailand 2.91 3.19 2.59 3.26 3.26

2.25 Indonesia 2.52 3.03 2.92 3.10 3.18

3.12 Turkey 2.98 3.01 3.54 3.14 3.13

20.10 Other 21.06 20.95 22.19 23.74 23.49

143.60 Total 153.53 166.19 174.70 174.12 172.97

Exports none

50.85 Brazil 54.65 63.37 76.49 79.78 79.78

51.11 United States 53.97 60.08 59.19 52.26 52.26

13.01 Canada 14.55 15.63 15.80 16.93 16.03

11.56 Argentina 11.21 7.87 2.77 7.16 7.16

4.62 Paraguay 5.41 6.13 6.03 5.60 5.60

4.43 Ukraine 3.89 4.13 4.91 5.55 5.55

2.92 Australia 2.23 3.41 2.68 2.07 2.07

8.68 Other 7.47 9.91 8.29 8.81 8.68

147.18 Total 153.37 170.55 176.16 178.16 177.12

Crush none

111.60 China 116.50 122.62 127.55 126.10 125.23

55.11 United States 55.06 56.26 60.17 61.53 61.38

47.84 European Union 46.74 46.67 48.18 48.83 48.83

43.39 Argentina 46.37 46.73 40.41 46.71 46.81

42.94 Brazil 41.84 42.90 47.71 46.72 46.68

25.15 India 22.70 27.57 28.18 27.63 28.78

13.08 Russia 13.59 15.40 15.80 18.00 18.00

11.45 Ukraine 12.93 15.58 14.87 15.85 15.85

10.25 Indonesia 10.02 10.98 11.86 12.25 12.23

9.06 Canada 10.25 11.05 11.21 11.35 11.35

6.41 Mexico 6.49 6.73 7.53 7.84 7.84

5.96 Pakistan 5.58 5.88 6.51 6.53 6.53

5.56 Malaysia 5.21 5.38 5.53 5.83 5.82

4.30 Turkey 3.68 4.05 4.88 4.81 4.94

4.66 Japan 4.73 4.86 4.78 4.83 4.88

43.05 Other 43.07 44.66 48.71 50.06 49.92

439.78 Total 444.76 467.29 483.86 494.84 495.05

Ending Stocks none

28.74 Argentina 28.36 28.72 26.11 31.58 30.24

6.76 United States 6.87 9.60 13.83 26.20 26.06

24.56 Brazil 24.67 33.33 32.87 23.92 25.54

18.86 China 18.34 21.92 24.87 23.27 23.24

3.02 Canada 2.42 1.66 3.17 3.05 4.08

13.80 Other 13.32 14.26 14.53 13.70 14.07

95.75 Total 93.97 109.49 115.37 121.71 123.23

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

Foreign Agricultural Service/USDA 11 April 2019Office of Global Analysis

Page 12: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

78.22 China 82.73 87.67 90.61 89.40 88.88

43.21 United States 42.78 43.11 47.02 47.08 46.97

32.48 Brazil 31.74 32.45 36.02 35.02 35.00

32.29 Argentina 34.51 34.72 29.42 34.39 34.43

30.63 European Union 30.16 30.00 30.95 31.70 31.70

83.67 Other 83.32 91.84 97.17 100.29 100.94

300.50 Total 305.24 319.79 331.18 337.86 337.92

Imports none

25.82 European Union 25.41 24.89 24.48 24.83 24.73

4.99 Vietnam 5.73 5.69 5.59 5.73 5.73

4.04 Indonesia 4.30 4.35 4.57 4.95 4.96

1.78 China 1.83 3.18 3.59 3.75 4.28

3.87 United States 4.08 3.92 3.75 3.88 3.84

3.65 Thailand 2.98 3.32 3.78 3.52 3.54

3.42 Korea, South 3.39 3.03 3.23 3.36 3.36

34.94 Other 35.73 36.37 35.79 38.03 38.04

82.52 Total 83.44 84.75 84.77 88.04 88.48

Exports none

29.19 Argentina 31.09 32.13 26.11 30.10 30.16

14.29 Brazil 15.41 13.76 16.06 15.70 15.70

12.14 United States 11.18 10.83 13.04 12.83 12.78

3.74 Ukraine 4.35 5.19 4.67 5.26 5.36

4.28 Indonesia 4.12 4.51 5.02 5.04 5.17

3.86 Canada 4.44 4.93 4.90 5.11 5.11

2.64 India 0.75 2.50 2.74 2.55 2.80

16.21 Other 15.65 14.30 15.45 14.94 15.29

86.36 Total 86.99 88.13 87.99 91.54 92.36

Domestic Consumption none

78.39 China 82.51 89.69 92.96 92.20 92.21

54.24 European Union 54.25 54.37 54.46 55.31 55.26

34.94 United States 35.69 36.08 37.57 38.22 38.12

16.88 Brazil 17.46 18.12 19.23 20.05 20.03

12.16 India 12.87 13.70 14.43 14.27 14.69

5.32 Russia 5.87 6.62 7.23 8.01 7.91

6.37 Mexico 6.97 7.06 7.28 7.53 7.53

5.85 Vietnam 6.49 6.86 7.11 7.32 7.32

5.54 Japan 5.87 6.29 6.48 6.59 6.63

4.90 Indonesia 5.10 5.30 5.49 5.96 5.90

68.51 Other 69.35 72.75 76.32 79.32 79.34

293.10 Total 302.43 316.83 328.56 334.77 334.93

SME none

73.52 China 77.93 85.12 87.82 86.68 86.67

46.36 European Union 46.55 46.50 46.52 47.48 47.44

33.56 United States 34.28 34.65 36.25 36.83 36.76

16.64 Brazil 17.26 17.88 18.92 19.66 19.65

10.62 India 11.00 11.74 12.34 12.23 12.54

5.97 Mexico 6.57 6.66 6.88 7.12 7.12

5.63 Vietnam 6.25 6.57 6.82 7.03 7.03

75.18 Other 77.19 80.40 84.30 88.25 88.18

267.47 Total 277.03 289.52 299.85 305.28 305.39

Ending Stocks none

3.82 Brazil 2.72 3.33 4.07 3.37 3.37

4.26 Argentina 4.34 3.39 2.98 3.30 3.30

0.58 Ukraine 0.58 0.59 0.85 0.83 0.73

0.54 Indonesia 0.59 0.62 0.64 0.72 0.71

1.76 European Union 1.89 1.10 0.63 0.71 0.66

7.01 Other 7.11 7.79 7.04 6.39 6.56

17.97 Total 17.23 16.81 16.21 15.32 15.32

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

Foreign Agricultural Service/USDA 12 April 2019Office of Global Analysis

Page 13: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Million Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

37.78 Indonesia 36.68 41.10 44.95 47.13 47.11

24.86 China 25.78 26.76 27.77 27.64 27.30

22.27 Malaysia 19.85 21.13 22.10 22.98 22.98

18.08 European Union 18.42 17.94 18.89 18.83 18.83

10.94 United States 11.21 11.43 12.11 12.54 12.46

8.97 Argentina 9.69 9.82 8.68 9.94 9.94

8.65 Brazil 8.46 8.73 9.65 9.47 9.46

45.48 Other 46.21 51.43 54.08 55.42 55.87

177.03 Total 176.30 188.33 198.24 203.93 203.94

Imports none

14.14 India 15.11 15.41 14.49 16.47 16.67

9.88 European Union 10.06 10.87 10.50 10.25 10.25

8.63 China 7.77 8.00 8.65 9.86 10.17

4.23 United States 4.53 4.73 4.79 4.83 4.76

2.98 Pakistan 2.91 3.28 3.12 3.31 3.31

1.79 Bangladesh 2.15 2.15 2.42 2.53 2.53

2.25 Egypt 2.04 2.16 1.81 2.03 1.96

0.87 Philippines 1.05 1.30 1.21 1.34 1.34

1.53 Turkey 1.41 1.50 1.21 1.29 1.29

1.14 Iran 0.99 1.28 1.15 1.19 1.21

23.80 Other 23.03 24.65 25.26 26.46 26.51

71.23 Total 71.05 75.34 74.60 79.55 79.99

Exports none

28.51 Indonesia 25.19 29.86 29.28 31.32 31.33

18.87 Malaysia 17.90 17.47 17.69 18.78 18.79

5.72 Argentina 6.41 6.28 4.84 5.93 5.98

4.12 Ukraine 4.81 6.11 5.60 5.93 5.93

2.54 Canada 2.93 3.29 3.33 3.47 3.47

2.23 Russia 2.23 2.98 3.26 3.44 3.44

2.48 European Union 2.48 2.40 2.51 2.61 2.61

12.02 Other 11.69 12.84 12.99 13.20 13.13

76.50 Total 73.65 81.23 79.50 84.67 84.67

Domestic Consumption none

33.60 China 34.72 35.73 36.87 37.92 37.98

25.81 European Union 26.06 26.41 26.52 26.40 26.40

19.88 India 20.99 21.87 22.41 23.12 23.74

9.60 Indonesia 11.75 11.93 14.12 15.39 16.43

13.68 United States 14.57 14.72 15.54 15.99 15.95

7.47 Brazil 7.50 7.88 8.42 8.67 8.66

4.57 Malaysia 4.54 4.19 4.92 5.20 5.22

4.15 Pakistan 4.25 4.45 4.49 4.63 4.62

3.11 Argentina 3.56 3.71 3.81 3.87 3.82

3.24 Russia 3.31 3.40 3.48 3.62 3.62

2.49 Thailand 2.44 2.70 2.93 3.05 3.05

2.08 Bangladesh 2.37 2.49 2.71 2.92 2.97

2.56 Mexico 2.65 2.74 2.84 2.94 2.95

2.36 Japan 2.36 2.42 2.45 2.54 2.55

2.48 Egypt 2.47 2.35 2.45 2.62 2.55

33.84 Other 34.43 36.44 38.17 39.79 39.74

170.90 Total 177.96 183.43 192.13 198.66 200.25

Ending Stocks none

2.72 Indonesia 2.50 1.86 3.47 3.86 2.88

2.96 Malaysia 1.73 2.28 2.82 2.87 2.87

1.86 European Union 1.79 1.80 2.16 2.23 2.23

5.93 China 4.65 3.52 2.80 2.20 2.11

1.93 India 1.77 2.20 1.42 1.20 1.61

10.19 Other 8.89 8.69 8.89 8.69 8.88

25.59 Total 21.33 20.35 21.55 21.05 20.56

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

Foreign Agricultural Service/USDA 13 April 2019Office of Global Analysis

Page 14: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

106,905 United States 106,869 116,931 120,065 123,664 123,664

97,200 Brazil 96,500 114,600 122,000 116,500 117,000

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

12,690 China 12,360 13,644 15,200 15,900 15,900

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

8,154 Paraguay 9,217 10,336 10,300 9,000 9,000

6,045 Canada 6,456 6,597 7,717 7,300 7,300

19,563 Other 19,434 21,209 20,240 21,712 21,715

320,718 Total 316,565 349,309 341,672 360,076 360,579

Imports none

78,350 China 83,230 93,495 94,095 88,000 88,000

13,914 European Union 15,120 13,441 14,584 15,800 15,800

2 Argentina 676 1,674 5,050 5,350 5,350

3,819 Mexico 4,126 4,126 4,873 5,230 5,230

1,947 Egypt 1,300 2,115 3,255 3,350 3,350

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

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

2,520 Taiwan 2,476 2,566 2,666 2,730 2,730

2,006 Indonesia 2,274 2,649 2,483 2,725 2,725

2,197 Turkey 2,283 2,271 2,777 2,600 2,600

14,192 Other 15,877 15,626 17,741 18,980 18,943

124,362 Total 133,346 144,216 153,262 151,215 151,178

Exports none

50,612 Brazil 54,383 63,137 76,175 79,500 79,500

50,136 United States 52,870 58,960 57,945 51,029 51,029

10,575 Argentina 9,922 7,026 2,112 6,300 6,300

4,576 Paraguay 5,400 6,129 6,029 5,600 5,600

3,763 Canada 4,236 4,592 4,925 5,300 5,400

6,564 Other 5,761 7,659 5,772 6,471 6,496

126,226 Total 132,572 147,503 152,958 154,200 154,325

Crush none

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

50,975 United States 51,335 51,742 55,926 57,153 57,153

40,235 Argentina 43,267 43,309 36,933 43,000 43,000

40,435 Brazil 39,747 40,411 44,515 42,700 42,700

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

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

4,175 Mexico 4,400 4,600 5,250 5,500 5,500

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

3,700 Paraguay 3,800 3,750 3,870 3,900 3,900

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

1,450 Iran 1,950 2,050 2,700 2,600 2,600

2,150 Japan 2,283 2,392 2,400 2,350 2,400

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

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

1,980 Taiwan 1,980 2,045 2,150 2,250 2,250

14,504 Other 15,468 15,247 16,310 17,847 17,734

264,754 Total 275,130 287,276 295,154 303,850 303,787

Ending Stocks none

27,069 Argentina 27,156 26,995 24,100 29,750 28,250

24,428 Brazil 24,558 33,212 32,727 23,727 25,427

5,188 United States 5,354 8,208 11,923 24,491 24,365

17,562 China 17,138 20,663 23,524 22,224 22,199

843 European Union 1,559 1,150 1,475 1,550 1,550

4,217 Other 4,641 5,419 5,296 5,423 5,572

79,307 Total 80,406 95,647 99,045 107,165 107,363

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 14 April 2019Office of Global Analysis

Page 15: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

59,004 China 64,548 69,696 71,280 69,696 69,696

40,880 United States 40,525 40,630 44,648 44,586 44,540

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

30,928 Argentina 33,211 33,280 27,930 32,800 32,800

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

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

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

25,494 Other 27,246 28,452 31,866 33,508 33,457

208,482 Total 215,971 225,549 232,347 238,196 238,099

Imports none

19,623 European Union 19,213 18,794 18,354 18,525 18,525

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

3,902 Indonesia 4,203 4,255 4,454 4,850 4,850

2,204 Philippines 2,618 2,662 2,750 2,950 2,950

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

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

1,751 Korea, South 2,118 1,764 1,846 1,900 1,900

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

1,465 Malaysia 1,291 1,427 1,525 1,600 1,600

1,101 Algeria 1,438 1,276 1,475 1,500 1,500

19,787 Other 19,599 18,883 18,051 19,682 19,728

60,706 Total 62,095 60,400 59,992 62,677 62,723

Exports none

28,575 Argentina 30,333 31,323 25,350 29,300 29,300

14,290 Brazil 15,407 13,762 16,064 15,700 15,700

11,891 United States 10,844 10,505 12,752 12,474 12,474

2,569 Paraguay 2,561 2,379 2,629 2,580 2,580

1,521 India 409 2,008 1,844 1,850 1,850

5,559 Other 5,972 4,574 5,178 4,887 4,885

64,405 Total 65,526 64,551 63,817 66,791 66,789

Domestic Consumption none

57,467 China 62,663 68,646 70,105 68,826 68,826

29,282 United States 30,044 30,318 32,206 32,614 32,614

30,142 European Union 30,692 30,242 30,042 31,292 31,292

15,700 Brazil 16,470 16,943 17,711 18,131 18,131

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

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

4,500 India 4,460 4,750 4,800 5,350 5,350

4,000 Indonesia 4,150 4,250 4,500 4,800 4,800

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

2,700 Russia 3,100 3,250 3,600 3,900 3,900

3,365 Japan 3,460 3,420 3,550 3,540 3,580

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

2,650 Egypt 2,850 2,980 3,150 3,400 3,400

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

2,400 Philippines 2,600 2,720 2,850 3,050 3,050

30,084 Other 31,507 32,369 34,424 36,343 36,263

201,592 Total 213,148 221,663 229,423 234,546 234,506

Ending Stocks none

3,812 Brazil 2,710 3,320 4,064 3,359 3,359

4,025 Argentina 4,231 3,335 2,920 3,235 3,235

236 United States 239 363 502 408 408

264 Indonesia 317 322 276 326 326

208 Turkey 190 255 331 296 296

5,505 Other 5,755 5,582 4,183 4,191 4,179

14,050 Total 13,442 13,177 12,276 11,815 11,803

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 15 April 2019Office of Global Analysis

Page 16: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

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

9,706 United States 9,956 10,035 10,781 11,145 11,145

7,687 Argentina 8,433 8,395 7,236 8,415 8,415

7,759 Brazil 7,627 7,755 8,535 8,195 8,195

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

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

745 Mexico 785 820 937 982 982

5,909 Other 6,322 6,589 7,326 7,693 7,685

49,288 Total 51,559 53,720 55,170 56,974 56,966

Imports none

2,815 India 4,269 3,534 2,984 3,400 3,400

773 China 586 711 481 800 900

508 Bangladesh 639 830 780 780 780

631 Algeria 732 667 720 760 760

432 Morocco 465 497 492 515 515

395 Peru 382 449 490 500 500

304 Colombia 372 352 355 375 375

257 Korea, South 250 306 276 300 300

253 European Union 325 285 284 250 250

480 Egypt 674 246 227 250 250

3,187 Other 2,993 3,088 2,626 2,754 2,830

10,035 Total 11,687 10,965 9,715 10,684 10,860

Exports none

5,094 Argentina 5,698 5,387 4,133 5,150 5,200

1,510 Brazil 1,550 1,241 1,511 1,350 1,300

914 United States 1,017 1,159 1,110 1,021 1,021

1,010 European Union 915 819 902 1,000 1,000

699 Paraguay 709 680 702 710 710

423 Russia 431 529 568 585 585

392 Bolivia 444 249 370 320 320

1,075 Other 1,005 1,172 1,200 1,198 1,203

11,117 Total 11,769 11,236 10,496 11,334 11,339

Domestic Consumption none

14,200 China 15,350 16,350 16,500 16,508 16,608

8,600 United States 9,145 9,010 9,696 10,251 10,364

6,215 Brazil 6,288 6,570 6,940 7,035 7,035

4,100 India 5,250 5,150 4,720 4,950 4,900

2,401 Argentina 2,840 2,985 3,081 3,125 3,075

2,040 European Union 2,285 2,205 2,225 2,280 2,280

961 Mexico 1,020 1,070 1,060 1,150 1,150

668 Bangladesh 785 1,005 1,000 1,035 1,035

752 Egypt 960 610 760 810 810

640 Algeria 700 710 710 750 750

660 Iran 680 700 710 715 715

242 Pakistan 415 470 490 526 526

450 Morocco 480 470 495 505 505

375 Peru 405 435 455 500 500

435 Korea, South 440 450 470 490 490

4,996 Other 5,153 5,221 5,299 5,597 5,610

47,735 Total 52,196 53,411 54,611 56,227 56,353

Ending Stocks none

841 United States 765 776 903 912 844

912 China 657 670 568 505 505

365 Argentina 260 283 305 445 445

435 Brazil 287 291 420 280 330

198 European Union 164 161 159 283 283

1,718 Other 1,617 1,607 1,211 1,289 1,293

4,469 Total 3,750 3,788 3,566 3,714 3,700

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 16 April 2019Office of Global Analysis

Page 17: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 13,124 12,889 1,358 1,293 1,206 63,552 62,870 56,429

Canada (Aug-Jul) 291 357 400 175 157 160 4,592 4,925 5,400

United States (Oct-Sep) 10,505 12,752 12,474 1,159 1,110 1,021 58,960 57,945 51,029

South America 48,763 45,593 49,036 7,568 6,728 7,542 79,537 85,580 93,318

Argentina (Oct-Sep) 31,323 25,350 29,300 5,387 4,133 5,200 7,026 2,112 6,300

Brazil (Oct-Sep) 13,762 16,064 15,700 1,241 1,511 1,300 63,137 76,175 79,500

Paraguay (Jan-Dec) 2,379 2,629 2,580 680 702 710 6,129 6,029 5,600

South Asia 2,021 1,850 1,857 1 7 5 269 217 250

India (Oct-Sep) 2,008 1,844 1,850 1 7 5 269 217 250

Other 2,958 3,250 3,007 2,309 2,468 2,586 4,145 4,291 4,328

World Total 64,551 63,817 66,789 11,236 10,496 11,339 147,503 152,958 154,325

Imports

European Union (Oct-Sep) 18,794 18,354 18,525 285 284 250 13,441 14,584 15,800

East Asia 3,502 3,639 3,745 1,145 904 1,357 100,525 101,275 95,397

China (Oct-Sep) 61 23 30 711 481 900 93,495 94,095 88,000

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 1,900 306 276 300 1,286 1,256 1,365

Taiwan (Oct-Sep) 33 24 25 0 0 0 2,566 2,666 2,730

Southeast Asia 16,097 16,748 17,328 273 231 270 8,409 7,726 9,106

Indonesia (Oct-Sep) 4,255 4,454 4,850 23 30 34 2,649 2,483 2,725

Malaysia (Oct-Sep) 1,427 1,525 1,600 138 88 100 768 690 770

Philippines (Jan-Dec) 2,662 2,750 2,950 56 45 47 248 200 240

Thailand (Sep-Aug) 2,782 3,191 2,900 8 0 1 3,078 2,482 3,150

Vietnam (Jan-Dec) 4,945 4,800 5,000 30 50 70 1,646 1,850 2,200

North America 3,129 3,289 3,504 423 368 378 5,218 5,954 6,493

Canada (Aug-Jul) 821 1,022 1,050 23 21 22 486 487 800

Mexico (Sep-Aug) 1,991 1,818 2,000 255 195 175 4,126 4,873 5,230

South America 4,866 5,240 5,443 1,383 1,304 1,365 2,990 6,500 6,773

Brazil (Oct-Sep) 35 19 26 60 45 50 252 175 250

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

Central America 1,164 1,253 1,325 174 156 166 343 289 339

Caribbean 1,010 996 1,060 344 309 328 144 151 155

Middle East 4,950 3,821 4,600 345 328 358 5,183 6,425 6,125

Iran (Oct-Sep) 1,507 1,113 1,400 257 213 245 1,914 2,559 2,450

Israel (Oct-Sep) 154 135 150 10 10 10 376 439 430

Syria (Jan-Dec) 20 25 35 0 7 5 3 15 15

Turkey (Oct-Sep) 790 557 700 0 0 0 2,271 2,777 2,600

North Africa 3,135 2,869 3,180 1,559 1,534 1,631 2,653 3,965 4,100

Egypt (Oct-Sep) 1,053 571 825 246 227 250 2,115 3,255 3,350

Other 3,753 3,783 4,013 5,034 4,297 4,757 5,310 6,393 6,890

World Total 60,400 59,992 62,723 10,965 9,715 10,860 144,216 153,262 151,178

Foreign Agricultural Service/USDA 17 April 2019Office of Global Analysis

Page 18: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

Production none

33,000 Indonesia 32,000 36,000 39,500 41,500 41,500

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 1,268 1,099 1,633 1,630 1,625

940 Nigeria 955 990 1,025 1,015 1,015

4,783 Other 5,141 5,780 5,922 5,941 5,941

61,780 Total 58,868 65,227 70,463 73,486 73,481

Imports none

9,139 India 8,860 9,341 8,608 10,500 10,500

6,935 European Union 6,717 7,219 6,941 6,800 6,800

5,696 China 4,689 4,881 5,320 5,800 6,000

2,826 Pakistan 2,720 3,075 3,025 3,200 3,200

1,280 Bangladesh 1,511 1,314 1,635 1,750 1,750

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

1,489 Egypt 1,038 1,323 1,095 1,300 1,225

795 Philippines 941 1,165 1,095 1,225 1,225

854 Russia 933 849 1,000 900 900

789 Burma 788 809 847 880 880

14,025 Other 13,367 14,514 15,091 16,024 16,021

44,971 Total 42,871 45,857 46,186 49,879 50,001

Exports none

25,964 Indonesia 22,906 27,633 26,967 29,000 29,000

17,403 Malaysia 16,667 16,313 16,469 17,600 17,600

453 Guatemala 614 718 800 812 812

316 Colombia 420 502 697 720 720

607 Papua New Guinea 580 664 635 640 640

2,606 Other 2,625 3,041 2,888 3,261 3,261

47,349 Total 43,812 48,871 48,456 52,033 52,033

Domestic Consumption none

7,220 Indonesia 9,270 9,160 11,000 12,050 13,050

9,150 India 9,100 9,450 9,180 10,600 10,600

6,900 European Union 6,600 6,800 6,750 6,700 6,700

5,700 China 4,800 4,750 5,100 5,950 6,165

2,946 Malaysia 3,000 2,587 3,236 3,476 3,476

2,738 Pakistan 2,795 2,995 3,095 3,195 3,195

1,925 Thailand 1,835 2,106 2,390 2,440 2,440

1,275 Bangladesh 1,411 1,314 1,570 1,740 1,790

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

1,410 Nigeria 1,320 1,240 1,290 1,340 1,340

811 Philippines 930 1,250 1,280 1,310 1,310

1,350 Egypt 1,100 1,150 1,175 1,300 1,225

925 Colombia 915 965 1,030 1,085 1,085

743 Burma 788 800 850 880 880

810 Russia 850 850 935 840 840

13,437 Other 13,727 14,890 15,856 16,685 16,682

58,432 Total 59,710 61,662 66,302 71,022 72,209

Ending Stocks none

2,611 Malaysia 1,460 2,016 2,529 2,553 2,553

2,434 Indonesia 2,258 1,470 3,004 3,454 2,454

456 European Union 425 710 762 722 722

335 Thailand 293 389 351 263 363

382 Pakistan 307 387 317 322 322

3,789 Other 3,481 3,803 3,703 3,475 3,492

10,007 Total 8,224 8,775 10,666 10,789 9,906

Foreign Agricultural Service/USDA 18 April 2019Office of Global Analysis

Page 19: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 10,209 10,032 6,552 6,747 6,630 13,128 13,274 12,850

India (Oct-Sep) 3,403 3,700 4,050 2,166 2,356 2,584 6,620 7,100 8,000

Canada (Aug-Jul) 5,185 5,230 5,275 4,017 4,120 4,150 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 13,167 10,074 10,157 9,656 20,538 22,145 19,600

Other 5,205 5,242 5,648 3,667 3,697 3,942 9,543 10,820 10,788

World Total 38,799 39,539 39,535 27,537 28,100 28,029 69,432 74,671 72,342

Imports

China (Oct-Sep) 875 1,258 1,325 802 1,067 1,350 4,260 4,715 4,400

India (Oct-Sep) 0 0 0 317 278 250 0 0 0

Canada (Aug-Jul) 25 17 15 54 14 15 94 108 100

Japan (Oct-Sep) 8 6 7 15 19 20 2,392 2,384 2,450

European Union (Jul-Jun) 216 242 400 153 158 200 4,094 4,007 4,500

Other 4,771 4,692 4,807 3,049 2,955 3,034 4,671 4,111 4,214

World Total 5,895 6,215 6,554 4,390 4,491 4,869 15,511 15,325 15,664

Exports

China (Oct-Sep) 12 14 14 18 16 17 0 0 0

India (Oct-Sep) 412 841 900 3 3 4 0 0 0

Canada (Aug-Jul) 4,629 4,537 4,700 3,104 3,170 3,300 11,022 10,849 10,600

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

European Union (Jul-Jun) 511 460 300 338 271 250 319 131 65

Other 408 499 776 1,029 1,140 1,449 4,459 5,227 5,381

World Total 5,979 6,351 6,690 4,493 4,601 5,021 15,800 16,207 16,046

Domestic Consumption

China (Oct-Sep) 10,777 11,453 11,343 8,600 8,600 8,404 17,350 17,850 17,550

India (Oct-Sep) 2,750 2,875 3,150 2,435 2,830 2,780 6,650 7,170 7,800

Canada (Aug-Jul) 591 680 615 965 970 980 9,420 9,430 9,699

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 13,200 10,100 10,000 9,600 25,050 25,300 24,100

Other 9,571 9,362 9,742 5,733 5,518 5,548 9,409 9,501 9,972

World Total 38,746 39,390 39,425 28,911 28,958 28,397 70,321 71,606 71,576

Ending Stocks

China (Oct-Sep) 0 0 0 2,543 1,741 1,300 1,064 1,203 903

India (Oct-Sep) 486 470 470 367 168 218 439 369 569

Canada (Aug-Jul) 87 117 92 493 487 372 1,342 2,499 3,400

Japan (Oct-Sep) 59 52 47 27 28 29 21 54 53

European Union (Jul-Jun) 270 203 270 314 358 364 875 1,596 1,531

Other 181 254 191 423 417 396 1,252 1,455 1,104

World Total 1,083 1,096 1,070 4,167 3,199 2,679 4,993 7,176 7,560

Foreign Agricultural Service/USDA 19 April 2019Office of Global Analysis

Page 20: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 (Mar-Feb) 3,547 3,538 3,600 1,270 1,285 1,420 1,288 1,300 1,400

Russia (Sep-Aug) 10,858 10,362 12,710 4,146 4,105 4,721 4,171 4,130 4,750

Turkey (Sep-Aug) 1,320 1,550 1,800 963 1,128 1,155 761 912 935

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 9,900 4,266 4,644 4,752 3,338 3,634 3,718

Other 8,488 8,516 8,404 2,672 2,770 2,863 2,254 2,386 2,415

World Total 48,011 47,345 51,414 19,347 19,590 20,900 18,163 18,253 19,453

Imports

Argentina (Mar-Feb) 0 0 0 0 0 0 0 0 0

Russia (Sep-Aug) 107 46 50 11 38 20 18 30 20

Turkey (Sep-Aug) 591 720 500 958 931 930 793 503 500

Ukraine (Sep-Aug) 24 30 20 1 9 0 0 1 0

European Union (Oct-Sep) 694 512 550 3,724 3,485 3,400 1,791 1,529 1,500

Other 756 841 960 2,269 2,123 3,007 6,276 6,462 6,575

World Total 2,172 2,149 2,080 6,963 6,586 7,357 8,878 8,525 8,595

Exports

Argentina (Mar-Feb) 75 50 70 789 700 800 770 600 670

Russia (Sep-Aug) 368 94 200 1,300 1,202 1,500 2,178 2,305 2,300

Turkey (Sep-Aug) 47 56 50 4 7 10 635 390 370

Ukraine (Sep-Aug) 191 39 100 4,807 4,238 4,700 5,851 5,341 5,600

European Union (Oct-Sep) 358 630 450 275 406 350 458 525 530

Other 1,420 1,572 1,450 264 341 274 523 568 506

World Total 2,459 2,441 2,320 7,439 6,894 7,634 10,415 9,729 9,976

Domestic Consumption

Argentina (Mar-Feb) 3,130 3,160 3,496 540 580 620 707 712 727

Russia (Sep-Aug) 10,600 10,480 12,025 2,850 2,950 3,250 2,055 2,010 2,215

Turkey (Sep-Aug) 1,862 2,172 2,232 1,850 2,000 2,100 980 1,030 1,070

Ukraine (Sep-Aug) 14,780 13,890 14,700 1,300 1,270 1,350 580 585 590

European Union (Oct-Sep) 8,990 9,690 9,895 7,860 7,860 7,860 4,610 4,590 4,690

Other 7,673 7,907 7,990 4,704 4,606 5,606 7,616 8,178 8,616

World Total 47,035 47,299 50,338 19,104 19,266 20,786 16,548 17,105 17,908

Ending Stocks

Argentina (Mar-Feb) 1,238 1,566 1,600 45 50 50 26 14 17

Russia (Sep-Aug) 324 158 693 352 343 334 234 79 334

Turkey (Sep-Aug) 49 91 109 150 202 177 31 26 21

Ukraine (Sep-Aug) 421 222 442 434 593 532 125 91 136

European Union (Oct-Sep) 592 463 568 349 212 154 219 267 265

Other 719 597 521 176 122 112 1,115 1,217 1,085

World Total 3,343 3,097 3,933 1,506 1,522 1,359 1,750 1,694 1,858

Foreign Agricultural Service/USDA 20 April 2019Office of Global Analysis

Page 21: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 1,382 5 5 5

India (Oct-Sep) 1,254 1,287 1,040 1,166 1,355 1,270 nr nr nr

Turkey (Nov-Oct) 7 7 7 187 232 239 177 263 220

United States (Aug-Jul) 129 105 97 246 255 240 15 16 16

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

Other 1,664 1,681 1,680 1,673 1,919 1,987 540 771 605

World Total 5,771 5,957 5,621 4,422 5,187 5,162 2,482 3,255 3,086

Imports

China (Oct-Sep) 111 112 125 0 0 0 44 42 48

India (Oct-Sep) 0 0 0 0 3 3 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 1 110 211 150

Other 23 23 24 45 59 46 319 341 358

World Total 225 237 246 46 63 51 789 916 886

Exports

China (Oct-Sep) 8 10 9 2 0 5 0 0 0

India (Oct-Sep) 13 19 17 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 1 2 48 74 70

United States (Aug-Jul) 5 5 5 47 50 57 12 11 10

European Union (Oct-Sep) 4 4 4 0 1 0 627 645 670

Other 243 224 229 22 34 32 193 290 208

World Total 273 262 264 72 86 96 880 1,020 958

Domestic Consumption

China (Oct-Sep) 2,807 2,966 2,900 1,113 1,382 1,377 49 47 53

India (Oct-Sep) 1,160 1,310 1,008 1,165 1,375 1,270 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 234 235 145 160 165

United States (Aug-Jul) 139 133 119 198 210 184 319 327 336

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

Other 1,450 1,464 1,479 1,690 1,902 1,996 702 768 797

World Total 5,643 5,959 5,592 4,387 5,147 5,107 2,585 2,872 3,071

Ending Stocks

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

India (Oct-Sep) 237 195 210 38 21 24 nr nr nr

Turkey (Nov-Oct) 0 0 0 5 2 4 23 52 37

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

European Union (Oct-Sep) 5 5 5 0 0 0 173 369 369

Other 81 97 93 47 89 94 142 196 154

World Total 335 308 319 110 127 137 338 617 560

Foreign Agricultural Service/USDA 21 April 2019Office of Global Analysis

Page 22: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 31.7175.60530.2575.4160.92220.65 2005/06 386.80 67.85

405.57 31.4882.89554.2480.8367.85223.40 2006/07 394.20 77.16

393.18 32.0891.76560.7990.4577.16220.48 2007/08 403.02 66.01

399.64 33.7694.15560.2194.5566.01230.94 2008/09 405.11 60.95

446.97 34.75107.61610.52102.6060.95235.56 2009/10 425.36 77.55

460.33 36.00108.32642.91105.0377.55245.56 2010/11 445.91 88.69

446.81 36.23110.98648.64113.1588.69248.84 2011/12 465.65 72.01

474.77 36.61118.14661.56114.7872.01256.54 2012/13 471.05 72.38

503.73 37.48133.78709.66133.5672.38260.70 2013/14 494.38 81.50

538.23 38.97147.18763.32143.6081.50266.88 2014/15 520.39 95.75

524.13 40.24153.37773.42153.5395.75264.83 2015/16 526.08 93.97

572.85 41.97170.55833.02166.1993.97267.22 2016/17 552.99 109.49

578.03 43.05176.16862.22174.70109.49278.80 2017/18 570.69 115.37

594.99 43.56177.12883.33172.97115.37280.08 2018/19 582.98 123.23

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 12.97

267.38 0.4081.12359.5679.2112.97nr 2011/12 263.74 14.69

269.13 0.4379.37358.5974.7614.69nr 2012/13 266.32 12.89

282.68 0.4483.31375.9380.3612.89nr 2013/14 278.21 14.42

300.50 0.4586.36397.4382.5214.42nr 2014/15 293.10 17.97

305.24 0.4886.99406.6583.4417.97nr 2015/16 302.43 17.23

319.79 0.5988.13421.7884.7517.23nr 2016/17 316.83 16.81

331.18 0.6687.99432.7684.7716.81nr 2017/18 328.56 16.21

337.92 0.6792.36442.6088.4816.21nr 2018/19 334.93 15.32

Major Vegetable Oils

119.85 94.0248.51175.8543.5312.4713.61 2005/06 113.19 14.14

122.79 96.4550.29183.6646.7314.1414.20 2006/07 118.73 14.64

129.88 99.6454.45194.5950.0814.6414.73 2007/08 125.21 14.94

135.18 103.2756.64203.8253.7014.9415.61 2008/09 131.22 15.96

142.46 107.6658.81214.1655.7415.9616.46 2009/10 138.34 17.01

149.08 110.0560.75223.2457.1417.0117.50 2010/11 142.69 19.80

158.06 116.3264.82240.0362.1719.8018.47 2011/12 152.09 23.12

161.22 121.4068.30250.0565.7123.1219.12 2012/13 158.87 22.88

171.57 126.0070.22261.8567.4022.8819.98 2013/14 166.91 24.72

177.03 131.5076.50272.9871.2324.7220.81 2014/15 170.90 25.59

176.30 135.6073.65272.9471.0525.5921.72 2015/16 177.96 21.33

188.33 140.0381.23285.0075.3421.3322.37 2016/17 183.43 20.35

198.24 144.7979.50293.1874.6020.3523.20 2017/18 192.13 21.55

203.94 150.0884.67305.4879.9921.5523.66 2018/19 200.25 20.56

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 22 April 2019Office of Global Analysis

Page 23: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

220.79 186.3563.64334.8464.1049.9693.03 2005/06 215.84 55.37

235.70 195.5570.91360.1169.0555.3794.92 2006/07 224.38 64.82

219.55 202.6378.70363.0578.6864.8291.32 2007/08 229.67 54.68

212.34 194.8676.71344.9377.9054.6896.63 2008/09 222.45 45.77

260.73 210.4892.06394.0287.5145.77102.60 2009/10 239.16 62.79

264.68 222.2291.58417.2689.7962.79103.59 2010/11 252.54 73.15

240.96 229.1391.77408.6694.5573.15103.21 2011/12 259.18 57.71

269.08 231.81100.38423.9897.2057.71110.35 2012/13 265.13 58.47

283.31 242.86112.74454.85113.0758.47112.97 2013/14 277.81 64.31

320.72 264.75126.23509.39124.3664.31118.85 2014/15 303.86 79.31

316.57 275.13132.57529.22133.3579.31120.73 2015/16 316.24 80.41

349.31 287.28147.50573.93144.2280.41119.77 2016/17 330.78 95.65

341.67 295.15152.96590.58153.2695.65124.60 2017/18 338.58 99.05

360.58 303.79154.33610.80151.1899.05126.10 2018/19 349.11 107.36

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

182.25 232.0458.39247.0854.0710.76nr 2012/13 178.84 9.85

190.45 243.1160.65258.0657.779.85nr 2013/14 186.56 10.86

208.48 265.0364.41280.0560.7110.86nr 2014/15 201.59 14.05

215.97 275.5265.53292.1262.1014.05nr 2015/16 213.15 13.44

225.55 287.8064.55299.3960.4013.44nr 2016/17 221.66 13.18

232.35 295.9563.82305.5259.9913.18nr 2017/18 229.42 12.28

238.10 304.6566.79313.1062.7212.28nr 2018/19 234.51 11.80

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

43.35 231.919.3356.158.514.29nr 2012/13 42.59 4.23

45.24 242.959.4258.739.274.23nr 2013/14 45.31 4.00

49.29 264.8511.1263.3210.044.00nr 2014/15 47.74 4.47

51.56 275.2811.7767.7211.694.47nr 2015/16 52.20 3.75

53.72 287.4911.2468.4410.973.75nr 2016/17 53.41 3.79

55.17 295.3810.5068.679.723.79nr 2017/18 54.61 3.57

56.97 304.0411.3471.3910.863.57nr 2018/19 56.35 3.70

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

Foreign Agricultural Service/USDA 23 April 2019Office of Global Analysis

Page 24: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 69.62 6.17

69.43 0.6515.8091.1115.516.1733.37 2016/17 70.32 4.99

74.67 0.6516.2194.9915.334.9936.08 2017/18 71.61 7.18

72.34 0.6516.0595.1815.667.1836.16 2018/19 71.58 7.56

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 38.52 0.93

38.72 0.006.0745.656.010.93nr 2014/15 38.59 1.00

38.61 0.005.6945.325.721.00nr 2015/16 38.52 1.11

38.80 0.005.9845.815.901.11nr 2016/17 38.75 1.08

39.54 0.006.3546.846.221.08nr 2017/18 39.39 1.10

39.54 0.006.6947.196.551.10nr 2018/19 39.43 1.07

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 17.773.8335.773.824.94nr 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 20.344.4937.574.395.64nr 2016/17 28.91 4.17

28.10 20.504.6036.764.494.17nr 2017/18 28.96 3.20

28.03 20.375.0236.104.873.20nr 2018/19 28.40 2.68

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 24 April 2019Office of Global Analysis

Page 25: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

40.57 2.6540.672.011.872.9023.42 2015/16

48.01 3.3447.042.462.172.6525.84 2016/17

47.35 3.1047.302.442.153.3425.97 2017/18

51.41 3.9350.342.322.083.1026.36 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 0.8014.835.134.931.70nr 2012/13

16.83 1.4515.736.225.760.80nr 2013/14

16.16 1.6915.585.875.531.45nr 2014/15

16.51 1.7416.196.235.961.69nr 2015/16

19.35 1.5119.107.446.961.74nr 2016/17

19.59 1.5219.276.896.591.51nr 2017/18

20.90 1.3620.797.637.361.52nr 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 2.9514.157.796.962.30nr 2013/14

14.97 2.5914.127.396.182.95nr 2014/15

15.39 1.6715.228.117.022.59nr 2015/16

18.16 1.7516.5510.428.881.67nr 2016/17

18.25 1.6917.119.738.531.75nr 2017/18

19.45 1.8617.919.988.601.69nr 2018/19

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

Foreign Agricultural Service/USDA 25 April 2019Office of Global Analysis

Page 26: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

34.65 33.6410.0636.3287.3246.386.28 2009/10 44.30 6.69

35.43 34.3310.7337.3491.3249.216.69 2010/11 45.63 8.35

38.78 37.2512.4739.8699.6852.558.35 2011/12 50.37 9.46

42.28 40.6614.6543.03108.1156.379.46 2012/13 55.96 9.12

42.11 41.3416.3143.18110.5159.289.12 2013/14 58.29 9.04

44.97 43.6014.1347.35115.7961.789.04 2014/15 58.43 10.01

42.87 42.7116.2943.81111.7558.8710.01 2015/16 59.71 8.22

45.86 44.6616.2448.87119.3165.238.22 2016/17 61.66 8.78

46.19 46.7918.6848.46125.4270.468.78 2017/18 66.30 10.67

50.00 50.5620.7752.03134.1573.4810.67 2018/19 72.21 9.91

Oil, Coconut

2.04 1.781.432.055.873.340.49 2005/06 3.36 0.46

1.88 1.661.431.745.413.070.46 2006/07 3.18 0.49

1.91 1.781.511.935.803.400.49 2007/08 3.32 0.55

1.67 1.651.561.485.593.360.55 2008/09 3.25 0.86

2.30 2.081.702.076.633.470.86 2009/10 3.82 0.75

1.80 1.861.671.806.143.590.75 2010/11 3.57 0.77

1.84 1.921.541.866.003.390.77 2011/12 3.49 0.64

1.89 1.981.701.936.163.620.64 2012/13 3.72 0.51

1.74 1.741.541.915.633.380.51 2013/14 3.32 0.40

1.82 1.741.501.945.593.370.40 2014/15 3.28 0.38

1.61 1.671.531.595.303.310.38 2015/16 3.23 0.47

1.50 1.551.491.915.363.390.47 2016/17 3.07 0.39

1.69 1.681.671.735.623.540.39 2017/18 3.38 0.51

1.65 1.711.701.785.733.580.51 2018/19 3.44 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

3.07 0.000.052.538.214.870.27 2016/17 5.42 0.26

3.01 0.000.052.508.254.980.26 2017/18 5.32 0.43

2.84 0.000.052.588.004.730.43 2018/19 5.20 0.21

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 26 April 2019Office of Global Analysis

Page 27: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

98,986 51,45545,569107,8163,0675,76335,428 2013/14 58,294 3,953

116,050 55,10851,109121,8541,8513,95338,991 2014/15 63,989 6,756

115,891 55,05553,969123,7771,1306,75638,403 2015/16 62,940 6,868

126,942 56,25760,081135,3121,5026,86839,247 2016/17 65,630 9,601

131,483 60,16859,188142,5001,4169,60142,801 2017/18 69,485 13,827

134,001 61,38152,258148,9221,09413,82741,757 2018/19 70,607 26,057

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

38,592 50,25010,46042,3213,393336nr 2012/13 31,547 314

39,291 51,45510,80343,4033,798314nr 2013/14 32,308 292

43,210 55,10812,14447,3753,873292nr 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

47,017 60,16813,04051,1703,746407nr 2017/18 37,570 560

46,970 61,38112,77851,3653,835560nr 2018/19 38,123 464

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

10,425 51,4551,11615,5854,0161,1440 2013/14 13,497 972

10,938 55,1081,17416,1404,2309720 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

12,106 60,1681,34918,1254,7871,2320 2017/18 15,538 1,238

12,464 61,3811,27318,4654,7631,2380 2018/19 15,946 1,246

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 27 April 2019Office of Global Analysis

Page 28: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

91,363 47,19244,59497,1411,9533,82530,850 2013/14 50,043 2,504

106,905 50,97550,136110,3139042,50433,431 2014/15 54,989 5,188

106,869 51,33552,870112,6986415,18833,080 2015/16 54,474 5,354

116,931 51,74258,960122,8916065,35433,470 2016/17 55,723 8,208

120,065 55,92657,945128,8675948,20836,236 2017/18 58,999 11,923

123,664 57,15351,029136,05046311,92335,657 2018/19 60,656 24,365

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 26,308 249

36,909 47,19210,50437,505347249nr 2013/14 26,774 227

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 55,92612,75245,460449363nr 2017/18 32,206 502

44,540 57,15312,47445,496454502nr 2018/19 32,614 408

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

11,145 57,1531,02112,229181903nr 2018/19 10,364 844

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 28 April 2019Office of Global Analysis

Page 29: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 28,75624,77061,409404,36922,229 2005/06 31,356 5,283

59,000 31,51123,80564,3911085,28320,700 2006/07 33,961 6,625

61,000 31,89524,51567,708836,62521,300 2007/08 34,365 8,828

57,800 30,77928,04166,7521248,82821,700 2008/09 33,129 5,582

69,000 35,70029,18874,7321505,58223,500 2009/10 38,100 7,444

75,300 37,26433,78982,784407,44424,200 2010/11 39,714 9,281

66,500 36,23031,90576,0792989,28125,000 2011/12 38,730 5,444

82,000 36,43242,82687,6842405,44427,700 2012/13 38,982 5,876

86,700 38,19545,74793,1555795,87630,100 2013/14 40,795 6,613

97,200 40,33954,635104,1423296,61332,100 2014/15 42,989 6,518

96,500 39,96752,100103,3803626,51833,300 2015/16 42,617 8,663

114,600 42,31268,807123,5302678,66333,900 2016/17 44,962 9,761

122,000 43,42584,199131,9461859,76135,150 2017/18 45,395 2,352

117,000 42,70069,500119,6022502,35236,100 2018/19 45,052 5,050

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

33,650 43,42516,97638,100204,430nr 2017/18 17,800 3,324

33,100 42,70015,10036,449253,324nr 2018/19 18,190 3,159

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 40,3391,6508,33732565nr 2014/15 6,220 467

7,670 39,9671,2508,21174467nr 2015/16 6,490 471

8,120 42,3121,3238,64251471nr 2016/17 6,877 442

8,325 43,4251,4108,80841442nr 2017/18 6,990 408

8,195 42,7001,2508,65350408nr 2018/19 7,091 312

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 29 April 2019Office of Global Analysis

Page 30: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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 41,496 3,383

49,000 37,52110,38952,396133,38318,300 2010/11 39,901 2,106

40,100 30,6816,09842,20822,10617,577 2011/12 33,431 2,679

49,300 35,0097,81751,98122,67919,750 2012/13 40,009 4,155

53,400 38,5037,43457,55724,15519,250 2013/14 43,503 6,620

61,450 45,11011,67068,2111416,62019,350 2014/15 50,360 6,181

58,800 43,0429,04666,2851,3046,18119,350 2015/16 49,242 7,997

55,000 40,9427,24565,6282,6317,99717,335 2016/17 47,442 10,941

37,800 36,6003,80056,2417,50010,94116,300 2017/18 43,300 9,141

55,000 45,3007,00069,1415,0009,14117,500 2018/19 52,200 9,941

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

27,600 36,60024,50030,75903,159nr 2017/18 3,139 3,120

34,550 45,30030,35037,67003,120nr 2018/19 3,320 4,000

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

7,160 36,6004,5707,6330473nr 2017/18 2,763 300

8,790 45,3005,5509,0900300nr 2018/19 3,075 465

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 30 April 2019Office of Global Analysis

Page 31: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Thousand Metric Tons

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

Mar

2018/19

Apr

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 16,274 16,999 16,999

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 25,220 25,970 25,970

none

Domestic Consumption none

847 Meal, Fish 795 921 916 921 938

745 Meal, Rapeseed 427 378 458 520 520

16,946 Meal, Soybean 18,257 18,756 19,461 20,357 20,357

2,796 Other 3,061 3,421 3,533 3,739 3,688

21,334 Total 22,540 23,476 24,368 25,537 25,503

none

SME none

1,228 Meal, Fish 1,152 1,333 1,324 1,331 1,355

530 Meal, Rapeseed 304 269 326 370 370

16,896 Meal, Soybean 18,187 18,666 19,351 20,237 20,237

1,487 Other 1,598 1,746 1,787 1,869 1,844

20,141 Total 21,242 22,014 22,788 23,807 23,806

none

Imports none

236 Meal, Fish 278 351 370 352 372

675 Meal, Rapeseed 384 360 501 490 490

14,972 Meal, Soybean 15,661 16,097 16,748 17,328 17,328

563 Other 684 739 701 675 700

16,446 Total 17,007 17,547 18,320 18,845 18,890

none

Industrial Dom. Cons. none

5,218 Oil, Palm 7,226 6,767 9,005 9,960 10,960

0 Oil, Rapeseed 0 0 0 0 0

39 Oil, Soybean 42 46 45 47 47

0 Oil, Sunflowerseed 0 0 0 0 0

4,012 Other 3,988 4,191 4,708 4,872 4,984

9,269 Total 11,256 11,004 13,758 14,879 15,991

none

Food Use Dom. Cons. none

9,053 Oil, Palm 9,231 9,740 10,270 10,740 10,740

54 Oil, Rapeseed 26 31 17 23 23

574 Oil, Soybean 652 672 635 741 741

131 Oil, Sunflowerseed 131 131 131 131 131

1,382 Other 1,421 1,476 1,597 1,742 1,688

11,194 Total 11,461 12,050 12,650 13,377 13,323

none

Domestic Consumption none

14,689 Oil, Palm 16,873 16,975 19,798 21,273 22,273

54 Oil, Rapeseed 26 31 17 23 23

613 Oil, Soybean 694 718 680 788 788

131 Oil, Sunflowerseed 131 131 131 131 131

5,404 Other 5,419 5,677 6,315 6,624 6,682

20,891 Total 23,143 23,532 26,941 28,839 29,897

none

Imports none

3,765 Oil, Palm 3,600 3,697 3,553 3,877 3,877

13 Oil, Rapeseed 13 12 12 13 13

321 Oil, Soybean 290 273 231 270 270

0 Oil, Sunflowerseed 0 0 0 0 0

671 Other 567 499 567 487 537

4,770 Total 4,470 4,481 4,363 4,647 4,697

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 31 April 2019Office of Global Analysis

Page 32: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

1,243 Oilseed, Cottonseed 1,032 1,228 1,447 1,351 1,493

256 Oilseed, Rapeseed 254 263 200 228 228

280 Oilseed, Soybean 242 246 252 262 257

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 3,854 3,991

none

Domestic Consumption none

85 Meal, Fish 110 125 120 135 135

838 Meal, Rapeseed 835 855 778 777 777

7,065 Meal, Soybean 7,456 7,884 8,241 8,748 8,748

2,919 Other 2,892 3,366 3,707 3,689 3,783

10,907 Total 11,293 12,230 12,846 13,349 13,443

none

SME none

123 Meal, Fish 159 181 173 195 195

596 Meal, Rapeseed 594 608 554 553 553

7,063 Meal, Soybean 7,454 7,882 8,239 8,746 8,746

1,967 Other 1,927 2,249 2,457 2,456 2,532

9,750 Total 10,134 10,920 11,423 11,949 12,026

none

Imports none

79 Meal, Fish 108 125 130 120 120

217 Meal, Rapeseed 196 173 180 188 188

4,319 Meal, Soybean 4,112 4,950 3,821 4,600 4,600

1,413 Other 1,497 1,764 1,813 1,745 1,770

6,028 Total 5,913 7,012 5,944 6,653 6,678

none

Imports none

2,127 Oil, Palm 2,309 2,521 2,573 2,947 2,947

45 Oil, Rapeseed 61 52 52 54 54

506 Oil, Soybean 414 345 328 358 358

1,760 Oil, Sunflowerseed 1,654 2,222 1,721 1,755 1,775

465 Other 171 174 159 182 182

4,903 Total 4,609 5,314 4,833 5,296 5,316

none

Industrial Dom. Cons. none

185 Oil, Palm 185 180 180 180 180

35 Oil, Rapeseed 30 30 15 8 8

137 Oil, Soybean 126 125 135 138 138

20 Oil, Sunflowerseed 20 20 20 20 20

69 Other 58 54 50 52 56

446 Total 419 409 400 398 402

none

Food Use Dom. Cons. none

1,507 Oil, Palm 1,814 1,935 2,165 2,387 2,387

279 Oil, Rapeseed 324 259 228 215 215

901 Oil, Soybean 929 947 980 1,002 1,002

1,951 Oil, Sunflowerseed 2,054 2,301 2,352 2,403 2,418

858 Other 640 636 682 682 702

5,496 Total 5,761 6,078 6,407 6,689 6,724

none

Domestic Consumption none

1,692 Oil, Palm 1,999 2,115 2,345 2,567 2,567

314 Oil, Rapeseed 354 289 243 223 223

1,116 Oil, Soybean 1,135 1,127 1,175 1,210 1,210

1,981 Oil, Sunflowerseed 2,084 2,331 2,382 2,433 2,448

934 Other 704 700 739 741 765

6,037 Total 6,276 6,562 6,884 7,174 7,213

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 32 April 2019Office of Global Analysis

Page 33: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

24,587 Oilseed, Rapeseed 21,997 20,538 22,145 19,600 19,600

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

8,974 Oilseed, Sunflowerseed 7,721 8,598 9,679 9,900 9,900

510 Other 409 418 487 538 549

35,903 Total 32,447 31,964 34,978 32,738 32,749

none

Domestic Consumption none

529 Meal, Fish 581 536 630 630 630

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

30,142 Meal, Soybean 30,692 30,242 30,042 31,292 31,292

9,369 Other 9,181 9,907 10,092 10,190 10,140

54,240 Total 54,254 54,365 54,464 55,312 55,262

none

SME none

767 Meal, Fish 842 775 910 910 910

10,103 Meal, Rapeseed 9,819 9,733 9,748 9,392 9,392

30,100 Meal, Soybean 30,650 30,200 30,000 31,250 31,250

5,394 Other 5,242 5,795 5,862 5,923 5,890

46,365 Total 46,554 46,502 46,520 47,475 47,442

none

Imports none

279 Meal, Fish 284 193 267 250 250

453 Meal, Rapeseed 409 216 242 400 400

19,623 Meal, Soybean 19,213 18,794 18,354 18,525 18,525

5,469 Other 5,507 5,691 5,617 5,655 5,555

25,824 Total 25,413 24,894 24,480 24,830 24,730

none

Industrial Dom. Cons. none

3,400 Oil, Palm 3,400 3,700 3,650 3,600 3,600

7,095 Oil, Rapeseed 7,200 7,100 6,950 6,600 6,600

990 Oil, Soybean 930 850 870 900 900

310 Oil, Sunflowerseed 420 400 330 330 330

515 Other 475 525 555 575 575

12,310 Total 12,425 12,575 12,355 12,005 12,005

none

Food Use Dom. Cons. none

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

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

1,000 Oil, Soybean 1,300 1,300 1,300 1,325 1,325

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

2,317 Other 2,358 2,151 2,388 2,539 2,539

13,167 Total 13,308 13,501 13,838 14,064 14,064

none

Domestic Consumption none

6,900 Oil, Palm 6,600 6,800 6,750 6,700 6,700

10,345 Oil, Rapeseed 10,050 10,100 10,000 9,600 9,600

2,040 Oil, Soybean 2,285 2,205 2,225 2,280 2,280

3,670 Oil, Sunflowerseed 4,280 4,610 4,590 4,690 4,690

2,854 Other 2,848 2,691 2,958 3,129 3,129

25,809 Total 26,063 26,406 26,523 26,399 26,399

none

Imports none

6,935 Oil, Palm 6,717 7,219 6,941 6,800 6,800

261 Oil, Rapeseed 207 153 158 200 200

253 Oil, Soybean 325 285 284 250 250

829 Oil, Sunflowerseed 1,418 1,791 1,529 1,500 1,500

1,603 Other 1,396 1,422 1,591 1,501 1,501

9,881 Total 10,063 10,870 10,503 10,251 10,251

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 33 April 2019Office of Global Analysis

Page 34: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

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

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

12,690 Oilseed, Soybean 12,360 13,644 15,200 15,900 15,900

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

11,757 Other 8,600 8,800 10,800 10,777 10,875

56,754 Total 53,478 54,923 59,486 59,777 59,875

none

Domestic Consumption none

1,474 Meal, Fish 1,439 2,019 1,906 1,750 1,750

10,764 Meal, Rapeseed 10,572 10,777 11,453 11,649 11,343

57,467 Meal, Soybean 62,663 68,646 70,105 68,826 68,826

8,683 Other 7,832 8,252 9,495 9,976 10,290

78,388 Total 82,506 89,694 92,959 92,201 92,209

none

SME none

2,137 Meal, Fish 2,087 2,928 2,754 2,529 2,529

7,338 Meal, Rapeseed 7,197 7,339 7,816 7,952 7,734

56,487 Meal, Soybean 61,663 67,596 69,005 67,676 67,676

7,560 Other 6,983 7,260 8,244 8,522 8,732

73,523 Total 77,930 85,123 87,819 86,679 86,671

none

Imports none

1,031 Meal, Fish 1,042 1,583 1,466 1,300 1,300

142 Meal, Rapeseed 359 875 1,258 1,100 1,325

58 Meal, Soybean 24 61 23 30 30

553 Other 403 657 842 1,320 1,620

1,784 Total 1,828 3,176 3,589 3,750 4,275

none

Food Use Dom. Cons. none

3,750 Oil, Palm 2,700 2,650 2,900 3,650 3,865

2,757 Oil, Peanut 2,855 2,807 2,966 2,886 2,900

7,800 Oil, Rapeseed 8,500 8,600 8,600 8,675 8,404

14,200 Oil, Soybean 15,350 16,350 16,500 16,508 16,608

998 Oil, Sunflowerseed 1,379 1,332 1,430 1,617 1,576

1,563 Other 1,272 1,296 1,569 1,580 1,580

31,068 Total 32,056 33,035 33,965 34,916 34,933

none

Domestic Consumption none

5,700 Oil, Palm 4,800 4,750 5,100 5,950 6,165

2,757 Oil, Peanut 2,855 2,807 2,966 2,886 2,900

7,800 Oil, Rapeseed 8,500 8,600 8,600 8,675 8,404

14,200 Oil, Soybean 15,350 16,350 16,500 16,508 16,608

998 Oil, Sunflowerseed 1,379 1,332 1,430 1,617 1,576

2,141 Other 1,832 1,891 2,270 2,280 2,330

33,596 Total 34,716 35,730 36,866 37,916 37,983

none

Imports none

5,696 Oil, Palm 4,689 4,881 5,320 5,800 6,000

141 Oil, Peanut 113 111 112 110 125

732 Oil, Rapeseed 768 802 1,067 1,350 1,350

773 Oil, Soybean 586 711 481 800 900

534 Oil, Sunflowerseed 878 725 785 900 850

751 Other 737 773 883 898 948

8,627 Total 7,771 8,003 8,648 9,858 10,173

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 34 April 2019Office of Global Analysis

Page 35: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

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

Mar

2018/19

Apr

2018/19

none

Production none

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

4,855 Oilseed, Peanut 4,470 6,924 6,650 4,700 4,700

5,080 Oilseed, Rapeseed 5,920 6,620 7,100 6,600 8,000

8,711 Oilseed, Soybean 6,929 10,992 8,350 11,000 11,000

383 Oilseed, Sunflowerseed 323 318 230 280 280

730 Other 735 735 770 770 770

32,284 Total 29,373 37,052 35,412 34,813 36,213

none

Domestic Consumption none

4,250 Meal, Cottonseed 3,959 3,725 4,367 4,180 4,080

1,252 Meal, Peanut 1,108 1,587 1,621 1,255 1,318

1,600 Meal, Rapeseed 2,600 2,750 2,875 2,700 3,150

4,500 Meal, Soybean 4,460 4,750 4,800 5,350 5,350

184 Meal, Sunflowerseed 315 439 218 304 304

375 Other 431 452 546 485 485

12,161 Total 12,873 13,703 14,427 14,274 14,687

none

SME none

3,444 Meal, Cottonseed 3,208 3,018 3,539 3,387 3,306

1,402 Meal, Peanut 1,240 1,778 1,816 1,405 1,476

1,138 Meal, Rapeseed 1,850 1,957 2,046 1,921 2,241

4,350 Meal, Soybean 4,300 4,500 4,550 5,100 5,100

123 Meal, Sunflowerseed 210 293 145 203 203

164 Other 188 196 239 211 211

10,620 Total 10,996 11,742 12,335 12,227 12,537

none

Food Use Dom. Cons. none

1,255 Oil, Cottonseed 1,230 1,120 1,330 1,255 1,225

8,750 Oil, Palm 8,600 8,900 8,600 10,000 10,000

970 Oil, Peanut 860 1,150 1,300 950 998

1,900 Oil, Rapeseed 2,200 2,350 2,750 2,350 2,700

4,100 Oil, Soybean 5,250 5,150 4,720 4,950 4,900

1,700 Oil, Sunflowerseed 1,665 2,000 2,400 2,300 2,600

380 Other 265 240 295 280 280

19,055 Total 20,070 20,910 21,395 22,085 22,703

none

Domestic Consumption none

1,300 Oil, Cottonseed 1,275 1,165 1,375 1,300 1,270

9,150 Oil, Palm 9,100 9,450 9,180 10,600 10,600

980 Oil, Peanut 870 1,160 1,310 960 1,008

1,980 Oil, Rapeseed 2,280 2,435 2,830 2,430 2,780

4,100 Oil, Soybean 5,250 5,150 4,720 4,950 4,900

1,700 Oil, Sunflowerseed 1,665 2,000 2,400 2,300 2,600

672 Other 547 506 595 579 579

19,882 Total 20,987 21,866 22,410 23,119 23,737

none

Imports none

0 Oil, Cottonseed 0 0 3 3 3

9,139 Oil, Palm 8,860 9,341 8,608 10,500 10,500

0 Oil, Peanut 0 0 0 0 0

383 Oil, Rapeseed 383 317 278 250 250

2,815 Oil, Soybean 4,269 3,534 2,984 3,400 3,400

1,575 Oil, Sunflowerseed 1,492 2,136 2,496 2,200 2,400

224 Other 106 82 117 115 115

14,136 Total 15,110 15,410 14,486 16,468 16,668

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 35 April 2019Office of Global Analysis

Page 36: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

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

Oct - Sep Average07/08-16/17 414 424 453 451 485 518 1517 491 514 506 814

2007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 5702013/14 482 487 514 517 542 524 1,300 480 466 505 8542014/15 362 356 388 401 407 482 1,294 506 432 417 7492015/16 339 346 382 375 396 419 1,260 433 440 409 9072016/17 347 351 385 376 404 437 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 315 291 412 393 368 487 1,315 368 375 432 558 Nov 308 301 382 368 373 467 1,250 375 377 427 511 Dec 315 313 351 357 382 392 1,275 362 370 424 535 Jan 317 315 349 347 382 489 1,255 384 381 425 520 Feb 313 315 353 347 380 474 1,300 397 396 422 478 *Mar N/A 311 344 335 373 N/A 1,325 N/A 397 409 451 Apr May Jun Jul Aug Sep Average 314 308 365 358 376 462 1,287 377 383 423 509

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

* Preliminary 4/9/2019 7:24:07 AM

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC5/ 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 Ton

Soybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.

Foreign Agricultural Service/USDA 36 April 2019Office of Global Analysis

Page 37: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Year FishBeg U.S. Brz Arg Hamb U.S. Ukr BremOct 1 1/ 2/ 3/ 4/ 6/ 7/ 8/

Oct - Sep Average07/08-16/17 406 384 380 430 213 253 1495

2007/08 370 337 299 469 191 298 11462008/09 365 333 290 401 168 178 11032009/10 343 327 311 391 167 222 16682010/11 381 383 386 418 242 254 16072011/12 434 442 442 461 272 263 14482012/13 516 489 506 538 266 318 1,7912013/14 540 500 509 533 263 315 1,6602014/15 406 376 386 403 231 269 1,6322015/16 358 335 349 351 169 233 1,5172016/17 349 322 326 336 160 178 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 342 335 332 340 189 240 1,478 Dec 344 325 326 344 207 213 1,479 Jan 347 361 334 343 210 211 1,484 Feb 338 325 326 330 207 214 1,471 *Mar 338 319 320 320 209 204 1,470 Apr May Jun Jul Aug Sep Average 344 336 330 337 201 220 1,478

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 4/9/2019 7:24:07 AM

272276274273

265 268

266249

353323

269273259249

252256

366416335

230

268281277259

293305282264

204

285334356290

288

252

269232

208

225

216241267

285287

274265

289284279287

281244302303

U.S.5/

305

280

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

Soybean SunseedCottonseed RapeseedHamb

9/

269

298195221278295

Foreign Agricultural Service/USDA 37 April 2019Office of Global Analysis

Page 38: U.S. Soybean Sales Expand at Record Pace - USDA Foreign

Year Cottonseed Palm Canola Coconut CornBegin 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 Average07/08-16/17 892 921 919 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 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,0292013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 8692014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 8272015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 8652016/17 718 765 763 848 902 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 606 645 633 734 693 1,164 678 1,429 1,191 492 858 767 581 Dec 620 633 617 726 707 1,179 676 1,372 1,180 489 831 806 583 Jan 627 652 651 746 748 1,179 689 1,364 1,174 538 834 782 578 Feb 652 683 693 770 803 1,168 706 1,348 1,161 556 823 713 565 *Mar 631 641 653 734 787 1,173 700 1,345 1,179 523 800 681 589 Apr May Jun Jul Aug Sep Average 629 655 651 745 735 1,176 694 1,388 1,185 523 837 765 5831/ 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 FOBEx-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

4/9/2019 7:24:07 AM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA 38 April 2019Office of Global Analysis