China’s Soybean Meal and Oil Prices Tumble on Ample Supplies · Once the current oversupply of meal is reduced and product prices strengthen, processors are expected to resume the

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

Circular Series FOP 07-10 July 2010

China’s Soybean Meal and Oil Prices Tumble on Ample Supplies

Soybean Meal Price (Shanghai)

350

400

450

500

550

1/4/10

1/18/1

02/1

/10

2/15/1

03/1

/10

3/15/1

0

3/29/1

0

4/12/1

0

4/26/1

0

5/10/1

0

5/24/1

06/7

/10

6/21/1

07/5

/10

$ pe

r ton

Crude Soybean Oil (Shanghai)

1000

1050

1100

1150

1200

1/4/101/1

8/102/1

/102/1

5/103/1

/103/1

5/103/2

9/104/1

2/104/2

6/105/1

0/105/2

4/106/7

/106/2

1/107/5

/10

$ pe

r ton

China’s soybean meal and oil prices tumbled as soybean processors, in a rush to capitalize on a spike in oil prices, flooded the market with soybean meal and oil. The additional oil was easily absorbed by the market given restrictions on Argentine imports. However, the excess meal accumulated leading to steep price discounts as processors attempted to move these perishable supplies. This has negatively impacted crush margins and forced soybean processors to temporarily scale back operations and ultimately, demand for soybeans. Once the current oversupply of meal is reduced and product prices strengthen, processors are expected to resume the normally quick crushing pace leading to another year of record soybean imports.

PRICES

200

300

400

500

600

Mar

-08

Jun-

08

Sep-

08

Dec

-08

Mar

-09

Jun-

09

Sep

-09

Dec

-09

Mar

-10

Jun-

10

U.S.

Gul

f/FOB

($/M

etric

ton)

U.S. Gulf Soybean Export Bids

5 year Average (2003/04-2008/09) = $326

U.S. soybean export bids, FOB Gulf, in June averaged $376 per ton, Virtually unchanged over the past four months. Tight old crop supplies continue to support export prices. As of the week-ending June 24, 2010, U.S. soybean sales commitments (outstanding sales plus accumulated exports) to China totaled 22.3 million tons, compared to 18.6 million a year ago. Total commitments to the world amounted to 39.3 million tons compared to 34.0 million for the same period last year. TRADE CHANGES IN 2009/110 • Argentina’s soybean exports are up 2.0 million tons to 9.5 million, partially offsetting

a 1.0 million ton decline in Brazil as China buyers increasingly turn to less expensive Argentine origin.

• China’s soybean imports are 1.0 million tons higher at 48.0 million due to stronger

than expected purchases from Argentina. TRADE CHANGES IN 2010/11 • US soybean exports are up 0.6 million tons to 37.3 million in response to strong

overseas’ demand, mainly from China. • China’s soybean imports are boosted 1.0 million tons to a record 50.0 million due to

strong crush demand augmented by reduced rapeseed imports. • China’s rapeseed imports are cut 0.7 million tons to 1.3 million in response to

reduced availability, mainly in Canada. • Canada’s rapeseed exports are down 1.2 million tons to 5.5 million due to reduced

exportable supplies. • Mexico’s rapeseed imports are reduced 0.3 million tons to 1.2 million in response to

reduced exports from Canada.

Foreign Agricultural Service/USDAOffice of Global Analysis

July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

5.27 Oilseed, Copra 5.72 5.88 5.88 5.96 5.96

46.01 Oilseed, Cottonseed 46.02 41.32 39.86 42.73 43.88

10.18 Oilseed, Palm Kernel 11.10 11.88 12.41 13.29 13.29

31.03 Oilseed, Peanut 32.59 34.47 32.92 34.63 34.76

45.09 Oilseed, Rapeseed 48.51 57.84 59.93 59.90 57.83

237.13 Oilseed, Soybean 221.01 211.96 259.70 249.93 251.29

29.74 Oilseed, Sunflowerseed 27.20 33.22 30.48 33.78 33.74

404.45 Total 392.14 396.59 441.18 440.22 440.74

none

Imports none

0.09 Oilseed, Copra 0.11 0.10 0.10 0.10 0.10



1.95 Oilseed, Peanut 2.04 1.87 1.84 1.85 1.85


69.07 Oilseed, Soybean 78.12 77.17 85.15 86.38 87.54


80.84 Total 89.96 93.67 99.51 101.76 101.58

none

Exports none

0.13 Oilseed, Copra 0.13 0.12 0.14 0.15 0.15



2.39 Oilseed, Peanut 2.45 2.34 2.20 2.35 2.35


71.32 Oilseed, Soybean 79.59 77.34 87.58 88.24 88.84


83.29 Total 92.67 94.57 103.12 104.36 103.78

none

Crush none

5.16 Oilseed, Copra 5.66 5.65 5.81 5.90 5.90



14.13 Oilseed, Peanut 15.10 15.42 14.36 15.53 15.54


195.61 Oilseed, Soybean 201.82 193.01 205.61 215.30 216.30


328.30 Total 338.99 338.82 353.51 369.74 370.03

none

Ending Stocks none

0.10 Oilseed, Copra 0.11 0.29 0.29 0.28 0.28



1.21 Oilseed, Peanut 1.07 1.50 1.24 1.09 1.19


62.99 Oilseed, Soybean 52.91 43.66 65.35 66.99 67.76


73.29 Total 61.68 56.03 75.94 77.52 77.32

Totals may not add due to rounding


July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

1.71 Meal, Copra 1.87 1.87 1.92 1.95 1.95

15.33 Meal, Cottonseed 15.65 14.44 13.98 14.63 14.90

5.07 Meal, Fish 5.24 5.10 4.79 4.76 4.76

5.33 Meal, Palm Kernel 5.86 6.18 6.53 6.99 6.94

5.48 Meal, Peanut 5.94 6.07 5.64 6.09 6.11

25.91 Meal, Rapeseed 27.64 30.80 33.58 34.33 33.67

153.88 Meal, Soybean 158.36 151.67 161.86 169.63 170.40

11.48 Meal, Sunflowerseed 10.60 12.78 12.33 13.06 13.03

224.18 Total 231.15 228.91 240.63 251.45 251.76

none

Imports none

0.57 Meal, Copra 0.70 0.59 0.72 0.69 0.75

0.44 Meal, Cottonseed 0.42 0.34 0.35 0.35 0.35

2.69 Meal, Fish 3.01 3.11 2.79 2.76 2.81

3.80 Meal, Palm Kernel 4.23 4.06 4.15 4.19 4.26

0.15 Meal, Peanut 0.13 0.05 0.04 0.04 0.04

3.05 Meal, Rapeseed 3.56 3.53 3.33 3.73 3.70

52.55 Meal, Soybean 54.07 51.20 53.08 55.50 54.81


66.60 Total 68.89 66.79 68.46 71.58 70.87

none

Exports none

0.70 Meal, Copra 0.85 0.53 0.84 0.80 0.80

0.41 Meal, Cottonseed 0.42 0.40 0.36 0.38 0.38

2.59 Meal, Fish 2.85 2.95 2.65 2.59 2.59

3.94 Meal, Palm Kernel 4.35 4.64 4.87 4.99 5.07

0.20 Meal, Peanut 0.18 0.09 0.12 0.11 0.11

2.88 Meal, Rapeseed 3.65 3.47 3.63 3.85 3.90

53.94 Meal, Soybean 55.67 52.18 55.19 56.81 56.93


68.15 Total 71.25 68.56 72.10 74.29 74.47

none

Domestic Consumption none

1.56 Meal, Copra 1.66 1.78 1.91 1.88 1.94

15.42 Meal, Cottonseed 15.71 14.43 13.92 14.60 14.87

5.01 Meal, Fish 5.37 5.36 4.99 4.95 5.00

5.34 Meal, Palm Kernel 5.74 5.63 5.80 6.07 6.02

5.47 Meal, Peanut 5.90 6.00 5.58 6.02 6.04

26.45 Meal, Rapeseed 27.53 30.87 33.27 34.20 33.48

152.11 Meal, Soybean 157.07 152.38 159.21 167.89 168.08


222.75 Total 229.00 228.54 236.86 248.10 247.80

none

Ending Stocks none

0.10 Meal, Copra 0.17 0.31 0.21 0.17 0.17

0.22 Meal, Cottonseed 0.15 0.11 0.16 0.16 0.16

0.31 Meal, Fish 0.34 0.24 0.18 0.16 0.16

0.17 Meal, Palm Kernel 0.17 0.14 0.15 0.32 0.27

0.02 Meal, Peanut 0.02 0.05 0.03 0.02 0.02

0.24 Meal, Rapeseed 0.25 0.24 0.26 0.24 0.24

6.68 Meal, Soybean 6.36 4.68 5.23 5.67 5.43


7.94 Total 7.74 6.34 6.47 7.20 6.83



July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

3.22 Oil, Coconut 3.53 3.52 3.62 3.68 3.68

5.13 Oil, Cottonseed 5.24 4.85 4.67 4.88 4.97

2.91 Oil, Olive 2.84 2.95 2.91 2.94 2.94

37.25 Oil, Palm 40.95 43.85 45.75 49.34 49.34

4.48 Oil, Palm Kernel 4.90 5.22 5.51 5.85 5.85

4.53 Oil, Peanut 4.91 5.00 4.66 5.05 5.05

17.12 Oil, Rapeseed 18.39 20.45 22.30 22.85 22.39

36.35 Oil, Soybean 37.53 35.75 38.06 39.97 40.15

10.60 Oil, Sunflowerseed 9.92 11.87 11.44 12.15 12.11

121.58 Total 128.20 133.46 138.90 146.71 146.48

none

Imports none

1.87 Oil, Coconut 1.95 1.65 1.98 1.94 1.99

0.08 Oil, Cottonseed 0.09 0.08 0.06 0.06 0.06

0.66 Oil, Olive 0.59 0.57 0.64 0.65 0.65

26.74 Oil, Palm 30.88 34.05 35.37 37.75 37.73

2.07 Oil, Palm Kernel 2.13 2.31 2.46 2.53 2.53

0.18 Oil, Peanut 0.15 0.14 0.18 0.15 0.16

2.20 Oil, Rapeseed 2.02 2.44 2.64 2.68 2.75

9.92 Oil, Soybean 10.50 8.94 8.54 8.97 8.98


47.04 Total 51.03 54.15 55.72 58.95 59.12

none

Exports none

1.74 Oil, Coconut 1.92 1.51 2.06 1.96 1.96

0.16 Oil, Cottonseed 0.17 0.17 0.10 0.14 0.15

0.72 Oil, Olive 0.65 0.64 0.61 0.63 0.63

27.54 Oil, Palm 32.28 34.59 35.71 38.32 38.12

2.13 Oil, Palm Kernel 2.83 2.96 3.07 2.95 3.20

0.17 Oil, Peanut 0.16 0.19 0.16 0.15 0.15

2.03 Oil, Rapeseed 1.91 2.42 2.52 2.68 2.65

10.56 Oil, Soybean 10.88 9.11 9.01 9.06 9.02


49.08 Total 54.29 56.16 57.70 60.65 60.58

none


3.28 Oil, Coconut 3.48 3.34 3.73 3.70 3.75

5.04 Oil, Cottonseed 5.14 4.82 4.64 4.83 4.89

2.89 Oil, Olive 2.94 2.98 2.98 3.00 3.00

36.23 Oil, Palm 39.75 42.83 45.45 47.86 48.03

4.42 Oil, Palm Kernel 4.26 4.51 4.93 5.41 5.19

4.69 Oil, Peanut 4.84 4.86 4.83 4.95 4.97

17.52 Oil, Rapeseed 18.47 20.12 22.13 22.83 22.64

35.50 Oil, Soybean 37.73 35.88 37.82 39.86 40.32


119.77 Total 125.57 130.01 137.78 144.04 144.44

none

Ending Stocks none

0.29 Oil, Coconut 0.37 0.70 0.50 0.46 0.46

0.22 Oil, Cottonseed 0.24 0.18 0.17 0.14 0.16

1.09 Oil, Olive 0.93 0.83 0.79 0.75 0.75

4.37 Oil, Palm 4.16 4.66 4.62 6.27 5.53

0.49 Oil, Palm Kernel 0.44 0.50 0.48 0.59 0.46

0.08 Oil, Peanut 0.14 0.23 0.08 0.17 0.17

0.45 Oil, Rapeseed 0.47 0.83 1.11 1.12 0.96

3.76 Oil, Soybean 3.17 2.87 2.65 2.63 2.43


11.42 Total 10.79 12.22 11.36 13.11 11.94



July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

96.84 United States 82.45 89.20 98.90 99.09 100.78

62.01 Brazil 64.23 60.28 71.46 67.40 68.00

55.23 China 53.35 58.12 57.47 57.01 56.81

53.36 Argentina 51.89 35.51 57.89 54.52 54.52

29.92 India 33.95 33.40 31.72 34.45 34.45

107.09 Other 106.26 120.08 123.74 127.75 126.19

404.45 Total 392.14 608.55 441.18 440.22 440.74

Imports none

29.70 China 38.64 44.14 49.97 50.96 51.26

17.16 EU-27 17.02 18.00 16.30 16.41 16.41

6.54 Japan 6.51 5.74 6.14 6.04 6.00

5.42 Mexico 5.29 4.77 5.10 5.34 5.14

2.44 Taiwan 2.16 2.22 2.51 2.51 2.51

1.94 Turkey 2.14 1.68 2.07 2.20 2.22

1.58 Thailand 1.82 1.57 1.65 1.90 1.90

1.52 Indonesia 1.40 1.63 1.70 1.80 1.80

1.34 Egypt 1.08 1.60 1.67 1.67 1.70

1.41 Korea, South 1.38 1.30 1.34 1.35 1.35

11.79 Other 12.54 11.03 11.06 11.59 11.30

80.84 Total 89.96 170.83 99.51 101.76 101.58

Exports none

31.65 United States 33.05 35.80 40.63 37.81 38.53

23.54 Brazil 25.44 30.13 28.46 28.99 29.01

10.23 Argentina 14.40 6.31 10.13 13.17 13.18

7.26 Canada 7.64 10.00 9.49 9.01 7.66

4.39 Paraguay 5.55 2.67 5.43 4.89 4.89

1.24 Ukraine 1.17 3.68 2.24 3.15 3.15

0.26 Australia 0.50 1.16 1.24 1.55 1.65

4.72 Other 4.93 4.80 5.51 5.79 5.71

83.29 Total 92.67 171.91 103.12 104.36 103.78

Crush none

65.28 China 68.47 73.12 79.59 85.46 85.62

53.48 United States 53.50 49.34 51.27 48.70 49.02

36.98 Argentina 39.31 35.00 37.47 42.83 42.63

36.32 EU-27 38.05 39.51 41.62 42.01 41.77

33.47 Brazil 34.68 34.06 34.24 34.87 35.17

24.62 India 27.56 26.44 24.56 27.52 27.52

7.16 Russia 6.71 8.30 8.69 9.08 9.18

5.74 Indonesia 6.20 6.70 7.32 7.96 7.96

5.39 Ukraine 4.69 6.96 7.03 7.17 7.19

5.10 Canada 5.53 5.57 6.04 6.50 6.60

5.16 Pakistan 4.78 5.04 5.33 5.73 5.57

5.70 Mexico 5.64 5.19 5.43 5.68 5.48

4.40 Malaysia 4.97 4.91 5.14 5.27 5.27

5.17 Japan 5.17 4.73 4.85 4.77 4.74

3.08 Turkey 2.99 2.58 2.65 2.76 2.82

31.25 Other 30.76 31.38 32.30 33.45 33.50

328.30 Total 338.99 531.83 353.51 369.74 370.03

Ending Stocks none

24.04 Argentina 23.59 17.46 26.16 24.69 23.19

18.33 Brazil 19.11 12.16 17.98 18.00 18.52

2.70 China 4.25 10.44 15.58 13.96 14.95

17.02 United States 6.91 5.62 6.21 11.25 11.32

3.22 EU-27 2.06 3.13 2.76 2.10 2.01

7.98 Other 5.77 7.22 7.25 7.52 7.34

73.29 Total 61.68 99.69 75.94 77.52 77.32

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


July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

43.55 China 46.09 49.13 54.40 58.92 59.12

41.45 United States 40.87 37.71 39.66 37.71 37.90

27.53 Argentina 29.06 25.97 28.19 31.73 31.65

24.29 EU-27 25.35 25.75 26.88 27.08 26.94

25.26 Brazil 26.14 25.76 25.90 26.42 26.58

62.11 Other 63.64 64.59 65.60 69.60 69.58

224.18 Total 389.51 380.59 240.63 251.45 251.76

Imports none

27.02 EU-27 28.55 26.68 27.13 28.58 27.98

2.55 Vietnam 2.54 2.78 3.12 3.38 3.38

3.15 Korea, South 3.32 3.18 3.31 3.24 3.34

2.41 Indonesia 2.63 2.56 2.67 2.83 2.83

2.64 Thailand 2.28 2.59 2.70 2.70 2.73

2.17 Japan 2.11 2.23 2.29 2.31 2.31

2.01 Mexico 1.65 1.78 1.83 1.93 2.00

24.65 Other 25.81 25.00 25.42 26.61 26.30

66.60 Total 122.96 117.99 68.46 71.58 70.87

Exports none

26.42 Argentina 27.89 24.76 26.24 30.18 30.22

12.72 Brazil 12.15 13.11 12.38 11.83 11.83

8.26 United States 8.71 7.96 10.66 8.33 8.33

4.46 India 6.07 3.91 2.91 3.90 3.90

2.10 Indonesia 2.39 2.68 2.83 3.00 3.00

1.51 Ukraine 1.30 2.27 2.38 2.39 2.42

1.63 Canada 1.99 1.95 2.05 2.30 2.32

11.07 Other 10.75 11.93 12.64 12.36 12.45

68.15 Total 126.92 120.74 72.10 74.29 74.47


43.95 China 47.26 49.56 54.23 58.61 58.96

50.45 EU-27 52.90 52.19 53.15 54.47 53.88

34.86 United States 34.19 31.65 30.16 31.29 31.38

12.26 Brazil 13.50 13.50 13.86 14.38 14.54

10.02 India 10.12 10.81 11.09 11.98 11.98

6.04 Mexico 5.54 5.35 5.65 5.84 5.82

5.92 Japan 5.91 5.82 5.82 5.81 5.80

4.25 Thailand 4.12 4.28 4.44 4.60 4.61

3.99 Korea, South 4.03 3.93 4.04 3.95 4.05

3.11 Russia 3.24 3.38 3.52 3.67 3.69

47.89 Other 48.18 48.07 50.90 53.49 53.09

222.75 Total 386.07 380.92 236.86 248.10 247.80

SME none

41.78 China 45.36 47.31 51.71 56.15 56.55

46.43 EU-27 48.51 47.24 47.87 49.12 48.57

34.20 United States 33.42 30.95 29.65 30.56 30.66

12.06 Brazil 13.28 13.32 13.67 14.20 14.33

8.64 India 8.93 9.46 9.63 10.53 10.53

5.82 Japan 5.80 5.67 5.65 5.64 5.65

5.74 Mexico 5.20 5.03 5.28 5.43 5.46

55.51 Other 55.53 55.76 58.61 61.14 60.91

210.17 Total 373.10 367.13 222.06 232.77 232.66

Ending Stocks none

1.93 Brazil 2.60 1.86 1.62 1.95 1.95

1.56 Argentina 1.31 1.07 1.61 1.42 1.52

1.08 EU-27 1.26 0.55 0.47 0.95 0.56

0.45 India 0.12 0.58 0.59 0.49 0.49

0.39 United States 0.33 0.25 0.33 0.33 0.33

2.54 Other 2.12 2.03 1.86 2.07 1.99

7.94 Total 14.10 11.02 6.47 7.20 6.83

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


July 2010

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

Million Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

19.37 Indonesia 20.98 23.69 24.98 28.26 28.26

17.20 Malaysia 19.73 19.42 20.46 20.92 20.92

14.27 China 14.69 16.10 17.49 18.54 18.51

13.66 EU-27 14.28 15.46 16.40 16.58 16.48

10.46 United States 10.55 9.66 9.96 9.65 9.70

7.71 Argentina 8.49 7.37 7.74 9.03 8.95

6.43 India 7.01 6.80 6.37 7.09 7.09

32.49 Other 32.48 34.96 35.49 36.63 36.57

121.58 Total 128.20 169.21 138.90 146.71 146.48

Imports none

8.50 China 8.76 9.77 9.69 10.78 10.88

5.44 India 5.93 8.76 9.54 10.28 10.28

9.02 EU-27 9.03 9.09 8.54 8.71 8.71

2.53 United States 3.11 3.23 3.11 3.27 3.27

1.65 Pakistan 2.28 1.99 2.24 2.34 2.34

0.95 Malaysia 1.38 1.61 1.80 1.86 1.86

1.21 Egypt 1.27 1.69 1.58 1.63 1.63

1.23 Bangladesh 1.13 0.96 1.25 1.26 1.26

1.17 Iran 1.28 1.10 1.17 1.26 1.26

0.61 Turkey 0.84 0.83 0.69 0.89 0.89

14.75 Other 16.02 15.12 16.13 16.69 16.77

47.04 Total 51.03 63.09 55.72 58.95 59.12

Exports none

13.39 Indonesia 16.07 18.09 19.04 21.46 21.46

13.74 Malaysia 16.06 16.90 17.16 17.02 17.30

6.87 Argentina 7.05 5.65 5.42 6.33 6.25

1.89 Ukraine 1.35 2.16 2.46 2.38 2.36

1.30 Canada 1.36 1.57 1.75 1.84 1.84

2.51 Brazil 2.44 1.99 1.41 1.33 1.34

1.33 United States 1.68 1.46 1.81 1.36 1.30

8.07 Other 8.28 8.35 8.66 8.92 8.72

49.08 Total 54.29 65.28 57.70 60.65 60.58


22.56 China 23.34 24.74 26.91 29.15 29.34

21.70 EU-27 22.43 23.07 23.77 24.29 24.36

11.91 India 12.95 14.76 16.25 17.10 17.10

11.71 United States 12.25 11.16 11.33 11.57 11.86

5.33 Indonesia 5.46 6.03 5.82 6.19 6.19

4.19 Brazil 4.76 5.15 5.77 5.99 6.02

4.74 Malaysia 4.70 4.59 5.07 5.64 5.31

2.88 Pakistan 3.21 3.23 3.41 3.62 3.55

2.83 Russia 3.13 3.04 3.08 3.09 3.09

0.89 Argentina 1.43 1.84 2.36 2.58 2.58

2.19 Japan 2.23 2.15 2.16 2.18 2.16

2.01 Mexico 2.02 1.96 2.03 2.13 2.10

1.34 Egypt 1.48 1.68 1.79 1.90 1.90

1.73 Nigeria 1.76 1.78 1.81 1.82 1.82

1.05 Thailand 1.20 1.60 1.77 1.49 1.79

22.71 Other 23.22 23.22 24.47 25.30 25.27

119.77 Total 125.57 165.94 137.78 144.04 144.44

Ending Stocks none

1.92 Malaysia 2.27 1.82 1.86 2.22 2.02

1.90 EU-27 1.63 1.84 1.76 1.70 1.47

1.74 United States 1.46 1.74 1.66 1.61 1.47

0.25 China 0.23 1.26 1.42 1.46 1.37

1.41 Indonesia 0.90 0.48 0.63 1.27 1.27

4.19 Other 4.30 5.09 4.03 4.86 4.34

11.42 Total 10.79 15.04 11.36 13.11 11.94

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


July 2010

Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

87,001 United States 72,859 80,749 91,417 90,083 91,036

59,000 Brazil 61,000 57,800 69,000 65,000 65,000

48,800 Argentina 46,200 32,000 54,500 50,000 50,000

15,967 China 14,000 15,540 14,700 14,600 14,600

7,690 India 9,470 9,100 8,750 8,800 8,800

5,856 Paraguay 6,900 4,000 7,200 6,500 6,500

3,466 Canada 2,696 3,336 3,500 3,650 3,900

9,346 Other 7,881 9,439 10,635 11,301 11,451

237,126 Total 221,006 423,928 259,702 249,934 251,287

Imports none

28,726 China 37,816 41,098 48,000 49,000 50,000

15,291 EU-27 15,123 13,213 13,000 12,600 12,600

4,094 Japan 4,014 3,396 3,600 3,600 3,660

3,844 Mexico 3,584 3,327 3,450 3,500 3,600

2,436 Taiwan 2,148 2,216 2,500 2,500 2,500

1,532 Thailand 1,753 1,510 1,600 1,850 1,850

1,328 Egypt 1,061 1,575 1,623 1,650 1,650

1,309 Indonesia 1,147 1,393 1,500 1,600 1,600

1,268 Turkey 1,277 1,007 1,280 1,400 1,400

1,231 Korea, South 1,232 1,167 1,200 1,210 1,210

8,007 Other 8,963 7,263 7,395 7,470 7,470

69,066 Total 78,118 154,330 85,148 86,380 87,540

Exports none

30,386 United States 31,538 34,925 39,735 36,741 37,285

23,485 Brazil 25,364 29,986 28,350 28,900 28,900

9,560 Argentina 13,839 5,590 9,500 12,500 12,500

4,361 Paraguay 5,400 2,637 5,400 4,835 4,835

1,683 Canada 1,753 2,017 2,200 2,225 2,275

1,846 Other 1,695 2,185 2,397 3,043 3,043

71,321 Total 79,589 154,680 87,582 88,244 88,838

Crush none

35,970 China 39,518 41,035 47,280 52,900 53,400

49,198 United States 49,081 45,230 47,491 44,633 44,770

33,586 Argentina 34,607 31,243 34,530 38,650 38,650

31,110 Brazil 32,117 31,868 32,050 32,800 32,800

14,670 EU-27 14,870 12,860 12,500 12,400 12,400

6,615 India 8,170 7,500 6,200 7,620 7,620

3,900 Mexico 3,620 3,465 3,510 3,570 3,670

2,925 Japan 2,890 2,497 2,530 2,530 2,590

2,161 Taiwan 1,965 1,917 2,150 2,225 2,225

805 Russia 1,051 1,497 1,950 2,080 2,180

1,250 Egypt 1,129 1,545 1,635 1,644 1,644

1,406 Thailand 1,514 1,390 1,450 1,600 1,600

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

1,524 Canada 1,383 1,286 1,275 1,325 1,425

1,670 Bolivia 1,160 1,350 1,410 1,370 1,370

7,465 Other 7,344 6,829 8,099 8,403 8,403

195,610 Total 201,819 386,026 205,610 215,300 216,297

Ending Stocks none

22,606 Argentina 21,760 16,588 25,470 23,850 22,650

18,189 Brazil 18,898 12,037 17,922 17,947 18,397

2,700 China 4,245 9,048 13,618 12,048 13,548

15,617 United States 5,580 3,761 4,753 9,801 9,800

53 India 116 336 1,281 781 781

3,825 Other 2,307 1,892 2,303 2,560 2,585

62,990 Total 52,906 87,324 65,347 66,987 67,761

Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a September/August

MY. Canada is on an August/July MY. Paraguay is on a March/February MY and Turkey is on an March/February MY.


July 2010

Table 08: Soybean Meal: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

28,465 China 31,280 32,475 37,417 41,865 42,261

39,037 United States 38,359 35,473 37,490 35,412 35,503

26,061 Argentina 27,071 24,363 26,930 29,950 29,950

24,110 Brazil 24,890 24,700 24,840 25,420 25,420

11,550 EU-27 11,715 10,131 9,848 9,769 9,769

5,280 India 6,521 5,985 4,950 6,080 6,080

3,075 Mexico 2,814 2,727 2,760 2,810 2,890

16,297 Other 15,707 15,818 17,629 18,324 18,528

153,875 Total 316,715 303,346 161,864 169,630 170,401

Imports none

22,213 EU-27 24,074 20,980 21,800 23,200 22,600

2,291 Vietnam 2,296 2,521 2,800 3,000 3,000

2,237 Indonesia 2,429 2,339 2,450 2,600 2,600

2,275 Thailand 1,935 2,160 2,275 2,250 2,275

1,737 Japan 1,747 1,812 1,950 1,930 1,930

1,870 Korea, South 1,760 1,813 1,790 1,880 1,850

1,780 Mexico 1,401 1,518 1,450 1,550 1,620

1,357 Philippines 1,213 1,295 1,350 1,375 1,375

817 Iran 891 1,044 1,170 1,220 1,220

1,415 Canada 1,511 1,251 1,200 1,200 1,150

14,555 Other 14,812 14,466 14,846 15,299 15,189

52,547 Total 108,138 102,398 53,081 55,504 54,809

Exports none

25,625 Argentina 26,816 24,025 25,580 29,300 29,420

12,715 Brazil 12,138 13,109 12,380 11,830 11,830

7,987 United States 8,384 7,718 10,433 8,074 8,074

3,461 India 4,790 3,158 2,100 3,100 3,100

867 China 634 1,017 1,650 1,500 1,500

3,281 Other 2,907 3,151 3,043 3,004 3,004

53,936 Total 111,338 104,356 55,186 56,808 56,928


27,630 China 30,849 31,673 35,832 40,415 40,811

33,228 EU-27 35,169 31,579 31,094 32,302 31,850

31,166 United States 30,148 27,888 27,125 27,488 27,579

11,118 Brazil 12,257 12,440 12,800 13,380 13,380

4,871 Mexico 4,240 4,190 4,260 4,350 4,500

3,921 Japan 3,945 3,846 3,871 3,861 3,907

3,348 Thailand 3,250 3,200 3,385 3,518 3,523

1,852 India 2,056 2,383 2,854 3,082 3,082

2,291 Vietnam 2,296 2,478 2,800 3,000 3,000

2,236 Indonesia 2,370 2,383 2,450 2,600 2,600

2,661 Korea, South 2,506 2,452 2,441 2,526 2,496

1,566 Iran 1,827 1,794 2,188 2,238 2,238

2,476 Canada 2,485 2,185 2,075 2,110 2,140

1,442 Russia 1,560 1,646 1,874 1,990 2,011

1,750 Taiwan 1,555 1,609 1,685 1,730 1,730

20,558 Other 20,558 20,630 22,474 23,297 23,237

152,114 Total 314,142 304,755 159,208 167,887 168,084

Ending Stocks none

1,913 Brazil 2,588 1,844 1,604 1,934 1,934

1,504 Argentina 1,137 845 1,523 1,275 1,355

429 India 109 560 562 465 465

859 EU-27 1,065 130 234 583 303

311 United States 266 213 272 272 272

1,660 Other 1,197 1,087 1,035 1,145 1,099

6,676 Total 12,725 9,358 5,230 5,674 5,428

Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada is

on an August/July MY. Paraguay is on a March/February MY. Vietnam and the Philippines are on a January/December MY and Bolivia is

on a March/February MY.


July 2010

Table 09: Soybean Oil: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

6,410 China 7,045 7,314 8,427 9,429 9,518

9,294 United States 9,335 8,503 8,845 8,480 8,507

6,424 Argentina 6,627 5,914 6,610 7,400 7,400

5,970 Brazil 6,160 6,120 6,150 6,290 6,290

2,640 EU-27 2,667 2,314 2,250 2,232 2,232

1,180 India 1,458 1,340 1,108 1,360 1,360

685 Mexico 636 609 616 630 645

3,745 Other 3,602 3,634 4,050 4,150 4,197

36,348 Total 37,530 71,496 38,056 39,971 40,149

Imports none

2,404 China 2,727 2,494 1,600 2,150 2,150

1,447 India 733 1,060 1,500 1,190 1,190

991 EU-27 1,040 793 450 400 400

360 Morocco 421 327 380 390 390

295 Algeria 383 365 350 365 365

327 Bangladesh 406 253 350 360 360

351 Venezuela 363 325 350 355 355

606 Iran 545 260 300 350 350

302 Korea, South 296 266 300 300 300

300 Peru 292 272 280 285 285

2,532 Other 3,291 2,527 2,682 2,821 2,831

9,915 Total 10,497 17,884 8,542 8,966 8,976

Exports none

5,970 Argentina 5,789 4,704 4,560 5,200 5,200

2,462 Brazil 2,388 1,910 1,365 1,287 1,287

851 United States 1,320 995 1,474 998 952

243 EU-27 333 399 400 300 300

258 Paraguay 299 243 250 252 252

231 Bolivia 141 210 190 176 176

5 Russia 10 127 150 160 170

543 Other 602 525 618 686 686

10,563 Total 10,882 18,226 9,007 9,059 9,023


8,670 China 9,693 9,486 10,210 11,454 11,583

8,426 United States 8,317 7,378 7,394 7,575 7,847

3,395 Brazil 3,920 4,274 4,880 5,100 5,100

2,600 India 2,300 2,330 2,650 2,595 2,595

3,368 EU-27 3,377 2,779 2,280 2,330 2,330

459 Argentina 1,026 1,425 1,925 2,134 2,134

820 Mexico 839 800 800 820 865

379 Egypt 659 605 565 567 567

577 Japan 573 536 490 510 513

715 Iran 676 394 478 500 500

444 Morocco 466 415 435 455 455

436 Korea, South 444 447 445 453 453

380 Taiwan 382 380 378 391 386

355 Venezuela 378 345 377 381 381

342 Bangladesh 380 325 380 375 375

4,135 Other 4,300 3,960 4,130 4,219 4,232

35,501 Total 37,730 71,812 37,817 39,859 40,316

Ending Stocks none

1,399 United States 1,127 1,298 1,322 1,248 1,082

510 Brazil 429 370 325 278 278

485 Argentina 297 82 207 273 273

250 China 227 466 203 258 218

214 EU-27 211 140 160 162 162

901 Other 883 516 429 414 419

3,759 Total 3,174 5,690 2,646 2,633 2,432

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

January/December MY and Paraguay and Bolivia are on a March/February MY.


July 2010

Table 10: Soybeans and Products: World Trade


Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Exports

North America 7,806 10,564 8,211 1,034 1,521 1,004 36,942 41,935 39,560

Canada (Aug-Jul) 82 124 130 38 45 50 2,017 2,200 2,275

United States (Sep-Aug) 7,718 10,433 8,074 995 1,474 952 34,925 39,735 37,285

South America 39,301 40,074 43,320 7,087 6,390 6,940 39,475 44,942 47,942

Argentina (Oct-Sep) 24,025 25,580 29,420 4,704 4,560 5,200 5,590 9,500 12,500

Brazil (Oct-Sep) 13,109 12,380 11,830 1,910 1,365 1,287 29,986 28,350 28,900

Paraguay (Mar-Feb) 1,167 1,064 1,060 243 250 252 2,637 5,400 4,835

South Asia 3,161 2,101 3,101 2 2 2 0 55 55

India (Oct-Sep) 3,158 2,100 3,100 2 2 2 55 55 55

Other 106,266 2,447 2,296 19,216 1,094 1,077 155,603 650 1,281

World Total 104,356 55,186 56,928 18,226 9,007 9,023 154,680 87,582 88,838

Imports

European Union 0 21,800 22,600 0 450 400 0 13,000 12,600

East Asia 3,963 3,875 3,905 332 2,043 2,598 1,167 55,345 57,415

China (Oct-Sep) 215 65 50 2,494 1,600 2,150 41,098 48,000 50,000

Japan (Oct-Sep) 1,812 1,950 1,930 39 35 40 3,396 3,600 3,660

Korea, South (Oct-Sep) 1,813 1,790 1,850 266 300 300 1,167 1,200 1,210

Taiwan (Oct-Sep) 113 10 20 11 5 5 2,216 2,500 2,500

Southeast Asia 9,270 9,877 10,292 271 322 338 3,672 3,950 4,350

Indonesia (Oct-Sep) 2,339 2,450 2,600 13 15 15 1,393 1,500 1,600

Malaysia (Oct-Sep) 934 980 1,020 96 128 135 530 580 610

Philippines (Jan-Dec) 1,295 1,350 1,375 2 5 4 35 50 50

Thailand (Sep-Aug) 2,160 2,275 2,275 0 1 0 1,510 1,600 1,850

Vietnam (Jan-Dec) 2,521 2,800 3,000 122 135 146 184 200 220

North America 2,849 2,777 2,920 245 277 312 4,074 4,234 4,222

Canada (Aug-Jul) 1,251 1,200 1,150 45 40 35 386 376 350

Mexico (Sep-Aug) 1,518 1,450 1,620 159 190 225 3,327 3,450 3,600

South America 3,946 4,257 4,482 906 1,001 1,021 1,758 846 853

Brazil (Oct-Sep) 105 100 120 5 50 50 43 185 175

Colombia (Oct-Sep) 825 875 900 164 175 180 290 263 264

Central America 778 831 888 151 157 174 0 236 236

Caribbean 0 790 815 260 288 294 25 185 190

Middle East 30 3,610 3,795 405 415 488 2,737 3,550 3,720

Iran (Oct-Sep) 1,044 1,170 1,220 260 300 350 783 1,070 1,070

Israel (Oct-Sep) 84 80 80 10 10 10 326 450 450

Syria (Jan-Dec) 706 680 725 5 7 7 559 525 550

Turkey (Nov-Oct) 399 320 350 10 15 15 1,007 1,280 1,400

North Africa 1,605 1,745 1,570 1,156 1,145 1,180 1,961 2,023 2,075

Egypt (Oct-Sep) 279 250 230 320 275 275 1,575 1,623 1,650

Other 131,156 3,519 3,542 23,100 2,444 2,171 216,101 1,779 1,879

World Total 102,398 53,081 54,809 17,884 8,542 8,976 154,330 85,148 87,540


July 2010

Table 11: Palm Oil: World Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

Production none

16,600 Indonesia 18,000 20,500 21,500 24,500 24,500

15,290 Malaysia 17,567 17,259 18,200 18,600 18,600

1,170 Thailand 1,050 1,540 1,345 1,500 1,500

810 Nigeria 820 850 850 850 850

770 Colombia 830 760 780 810 810

2,608 Other 2,680 2,943 3,077 3,077 3,077

37,248 Total 40,947 43,852 45,752 49,337 49,337

Imports none

3,650 India 5,015 6,867 7,200 8,200 8,200

5,139 China 5,223 6,118 6,600 7,150 7,150

4,332 EU-27 4,960 5,379 5,100 5,300 5,300

1,618 Pakistan 2,219 1,949 2,200 2,300 2,300

403 Malaysia 669 1,047 1,100 1,100 1,100

702 United States 952 1,036 862 952 952

898 Bangladesh 724 700 900 900 900

768 Egypt 571 960 850 850 850

419 Iran 610 550 600 620 620

445 Vietnam 504 502 550 595 595

8,366 Other 9,430 8,946 9,410 9,780 9,760

26,740 Total 30,877 34,054 35,372 37,747 37,727

Exports none

11,419 Indonesia 13,969 15,964 16,700 18,955 18,955

12,900 Malaysia 14,644 15,485 15,730 15,900 15,900

357 Papua New Guinea 389 440 435 426 426

273 Benin 451 351 366 357 357

334 United Arab Emirates 336 228 260 265 265

2,255 Other 2,495 2,117 2,219 2,421 2,219

27,538 Total 32,284 34,585 35,710 38,324 38,122


3,671 India 5,065 6,475 7,350 8,050 8,050

5,138 China 5,222 5,618 6,500 7,197 7,197

4,256 EU-27 4,761 4,993 5,012 5,218 5,218

4,523 Indonesia 4,651 5,075 4,685 4,935 4,935

3,109 Malaysia 3,170 3,229 3,547 3,700 3,650

1,661 Pakistan 2,027 1,995 2,130 2,250 2,250

742 Thailand 873 1,230 1,371 1,150 1,390

1,155 Nigeria 1,190 1,208 1,232 1,240 1,240

663 United States 948 959 894 918 918

880 Bangladesh 796 700 880 880 880

595 Egypt 560 660 760 815 815

400 Iran 538 639 599 619 619

483 Colombia 531 590 595 592 592

521 Japan 551 531 570 580 580

415 Vietnam 516 500 540 580 580

8,018 Other 8,350 8,427 8,789 9,134 9,114

36,230 Total 39,749 42,829 45,454 47,858 48,028

Ending Stocks none

1,565 Malaysia 1,987 1,579 1,602 1,952 1,752

1,363 Indonesia 750 221 346 966 966

47 India 47 489 389 589 589

0 China 0 499 598 550 550

129 EU-27 190 444 367 352 299

1,269 Other 1,190 1,424 1,314 1,865 1,374

4,373 Total 4,164 4,656 4,616 6,274 5,530


July 2010

Table 12: Rapeseed and Products: World Supply and Distribution


Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

China (Oct-Sep) 8,325 9,135 8,871 4,700 5,158 5,009 12,100 13,700 12,800

India (Oct-Sep) 3,260 3,525 3,588 2,058 2,230 2,265 6,700 6,400 7,000

Canada (Aug-Jul) 2,490 2,775 3,010 1,770 1,975 2,140 12,643 11,825 10,200

Japan (Oct-Sep) 1,249 1,295 1,198 884 916 848 1 1 1

EU-27 (Jul-Jun) 11,744 13,011 13,132 8,472 9,390 9,478 18,996 21,454 20,600

Other 3,732 3,840 3,871 2,568 2,626 2,649 7,399 6,553 7,230

World Total 30,800 33,581 33,670 20,452 22,295 22,389 57,839 59,933 57,831

Imports

China (Oct-Sep) 260 600 370 453 550 600 3,034 1,950 1,250

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

Canada (Aug-Jul) 6 5 5 111 165 140 121 130 270

Japan (Oct-Sep) 114 70 110 20 15 25 2,123 2,300 2,100

EU-27 (Jul-Jun) 171 150 150 454 450 450 3,342 2,150 2,450

Other 2,979 2,508 3,063 1,363 1,433 1,514 3,485 3,597 3,480

World Total 3,530 3,333 3,698 2,443 2,636 2,752 12,125 10,147 9,570

Exports

China (Oct-Sep) 268 330 250 9 10 10 0 0 0

India (Oct-Sep) 699 750 750 1 1 1 4 5 5

Canada (Aug-Jul) 1,861 1,920 2,180 1,527 1,700 1,790 7,898 7,200 5,300

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

EU-27 (Jul-Jun) 162 200 200 142 120 100 98 140 100

Other 479 430 524 737 685 745 4,017 3,496 4,083

World Total 3,474 3,630 3,904 2,416 2,516 2,646 12,017 10,841 9,488

Domestic Consumption

China (Oct-Sep) 8,317 9,405 8,991 4,853 5,368 5,614 13,740 15,080 14,610

India (Oct-Sep) 2,550 2,775 2,838 2,095 2,252 2,287 6,140 6,661 6,795

Canada (Aug-Jul) 630 820 860 395 430 461 4,667 5,165 5,421

Japan (Oct-Sep) 1,354 1,361 1,313 919 920 885 2,205 2,285 2,115

EU-27 (Jul-Jun) 11,759 12,973 13,070 8,679 9,760 9,965 21,374 23,591 23,680

Other 6,263 5,931 6,411 3,183 3,400 3,432 6,695 6,790 6,844

World Total 30,873 33,265 33,483 20,124 22,130 22,644 54,821 59,572 59,465

Ending Stocks

China (Oct-Sep) 0 0 0 291 621 606 1,394 1,964 1,404

India (Oct-Sep) 23 23 23 4 4 4 676 430 650

Canada (Aug-Jul) 21 61 36 18 28 57 1,661 1,251 1,000

Japan (Oct-Sep) 16 20 15 16 27 15 59 75 61

EU-27 (Jul-Jun) 95 83 95 274 234 97 1,827 1,700 970

Other 82 69 68 224 198 184 1,054 918 701

World Total 237 256 237 827 1,112 963 6,671 6,338 4,786

7/9/2010 8:43:53 AM


July 2010

Table 13: Sunflowerseed and Products World Supply and Distribution


Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

Argentina (Mar-Feb) 2,440 2,300 3,400 1,391 1,060 1,485 1,342 1,035 1,450

Russia (Sep-Aug) 7,350 6,425 7,500 2,306 2,253 2,352 2,565 2,505 2,614

Turkey (Sep-Aug) 830 800 875 460 529 529 515 592 592

Ukraine (Sep-Aug) 7,000 6,500 7,000 2,594 2,576 2,606 2,632 2,615 2,645

EU-27 (Oct-Sep) 7,080 7,027 7,050 3,210 3,346 3,357 2,335 2,435 2,443

Other 8,524 7,426 7,913 2,822 2,561 2,700 2,483 2,253 2,368

World Total 33,224 30,478 33,738 12,783 12,325 13,029 11,872 11,435 12,112

Imports

Argentina (Mar-Feb) 128 70 100 0 0 0 0 0 0

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

Turkey (Sep-Aug) 446 600 550 312 360 350 432 230 400

Ukraine (Sep-Aug) 6 5 5 0 0 0 0 0 0

EU-27 (Oct-Sep) 616 350 550 2,483 2,350 2,400 1,007 970 1,000

Other 581 586 662 1,113 1,281 1,397 2,484 2,592 2,829

World Total 1,789 1,626 1,877 3,908 3,991 4,147 3,960 3,842 4,279

Exports

Argentina (Mar-Feb) 74 67 65 720 645 785 853 810 1,000

Russia (Sep-Aug) 160 50 130 965 1,020 1,080 802 500 600

Turkey (Sep-Aug) 13 15 15 6 5 10 131 60 110

Ukraine (Sep-Aug) 767 300 700 2,209 2,380 2,400 2,098 2,410 2,300

EU-27 (Oct-Sep) 455 670 550 80 100 100 143 140 150

Other 681 625 676 321 300 316 559 548 535

World Total 2,150 1,727 2,136 4,301 4,450 4,691 4,586 4,468 4,695


Argentina (Mar-Feb) 3,367 2,550 3,580 630 550 610 378 387 392

Russia (Sep-Aug) 6,917 6,720 7,030 1,329 1,235 1,270 1,918 2,026 2,042

Turkey (Sep-Aug) 1,216 1,397 1,397 766 884 869 794 829 828

Ukraine (Sep-Aug) 6,285 6,224 6,300 386 198 203 395 385 380

EU-27 (Oct-Sep) 6,775 7,000 7,020 5,386 5,764 5,650 3,158 3,234 3,343

Other 8,194 7,563 7,930 3,596 3,551 3,758 4,030 4,413 4,674

World Total 32,754 31,454 33,257 12,093 12,182 12,360 10,673 11,274 11,659

Ending Stocks

Argentina (Mar-Feb) 812 565 420 205 70 160 324 162 220

Russia (Sep-Aug) 575 245 595 16 14 16 59 88 110

Turkey (Sep-Aug) 94 82 95 0 0 0 108 41 95

Ukraine (Sep-Aug) 29 10 15 4 2 5 248 68 33

EU-27 (Oct-Sep) 705 412 442 296 128 135 242 273 223

Other 521 345 314 58 49 72 456 340 328

World Total 2,736 1,659 1,881 579 263 388 1,437 972 1,009


July 2010

Table 14: Minor Vegetable Oil Supply and Distribution


Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

China (Oct-Sep) 2,174 2,179 2,215 1,600 1,466 1,493 nr nr nr

India (Oct-Sep) 1,545 1,230 1,585 1,030 1,045 1,089 nr nr nr

Turkey (Nov-Oct) 4 4 4 116 100 109 175 175 175

United States (Aug-Jul) 65 65 69 303 277 349 2 3 4

EU-27 (Oct-Sep) 16 16 16 47 50 52 2,250 2,250 2,250

Other 1,199 1,163 1,160 1,751 1,735 1,880 522 482 512

World Total 5,003 4,657 5,049 4,847 4,673 4,972 2,949 2,910 2,941

Imports

China (Oct-Sep) 20 50 30 0 0 0 nr nr nr

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

Turkey (Nov-Oct) 0 0 0 7 4 5 0 0 0


EU-27 (Oct-Sep) 76 76 75 3 3 3 103 170 170

Other 24 22 22 60 55 55 190 190 190

World Total 144 182 161 75 62 63 569 642 650

Exports



Turkey (Nov-Oct) 0 0 0 2 1 1 30 40 40


EU-27 (Oct-Sep) 3 2 2 2 1 1 418 403 400

Other 172 141 136 73 51 74 192 167 187

World Total 189 157 152 169 104 147 643 613 630


China (Oct-Sep) 2,184 2,219 2,235 1,595 1,463 1,490 nr nr nr

India (Oct-Sep) 1,455 1,385 1,495 1,038 1,049 1,085 nr nr nr

Turkey (Nov-Oct) 4 4 4 140 103 113 135 140 140


EU-27 (Oct-Sep) 89 90 89 47 54 54 2,060 2,040 2,050

Other 1,044 1,044 1,045 1,768 1,739 1,866 510 514 516

World Total 4,864 4,834 4,967 4,815 4,642 4,894 2,980 2,976 2,997

Ending Stocks



Turkey (Nov-Oct) 0 0 0 0 0 0 55 50 45


EU-27 (Oct-Sep) 5 5 5 3 1 1 678 655 625

Other 52 52 53 60 60 55 93 84 83

World Total 230 78 169 178 167 161 826 789 753


July 2010

Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

286.75 22.1749.26355.8448.0021.09177.25 1997/98 275.23 31.35

294.57 24.4351.09377.8051.8831.35184.76 1998/99 292.06 34.66

304.26 25.5259.41398.1359.2034.66188.49 1999/00 300.27 38.45

313.96 26.8066.94418.0065.5938.45188.60 2000/01 311.05 40.01

324.83 27.5262.30428.5163.6740.01188.55 2001/02 323.98 42.24

331.62 27.6469.69444.9171.0542.24187.18 2002/03 326.48 48.73

335.84 27.9066.77448.6564.0748.73199.52 2003/04 337.10 44.77

381.37 29.2374.37498.8072.6644.77209.36 2004/05 367.35 57.08

391.38 29.7875.78523.8775.4257.08210.89 2005/06 383.71 64.38

404.45 30.3983.29549.6780.8464.38211.07 2006/07 393.10 73.29

392.14 30.5992.67555.3989.9673.29206.26 2007/08 401.04 61.68

608.55 46.13171.91893.97170.83114.59311.73 2008/09 622.37 99.69

441.18 32.76103.12596.7299.5156.03215.16 2009/10 417.67 75.94

440.74 33.23103.78618.25101.5875.94210.51 2010/11 437.16 77.32

Major Protien Meals

153.19 0.3544.33205.5945.536.86nr 1997/98 153.46 7.81

163.33 0.4047.21218.1847.057.81nr 1998/99 162.58 8.39

167.83 0.4246.64223.4747.288.36nr 1999/00 169.08 7.76

174.76 0.4148.43230.5848.067.76nr 2000/01 175.17 6.98

182.66 0.4252.76241.0251.386.98nr 2001/02 180.92 7.34

186.01 0.4253.77246.9753.627.34nr 2002/03 186.29 6.91

190.69 0.4258.43255.3957.796.91nr 2003/04 189.55 7.41

207.00 0.4761.54273.7559.347.41nr 2004/05 204.25 7.96

216.43 0.4866.03289.4865.097.96nr 2005/06 215.39 8.07

224.18 0.4768.15298.8566.608.07nr 2006/07 222.75 7.94

389.51 0.83126.92527.09122.9614.62nr 2007/08 386.07 14.10

380.59 0.82120.74512.68117.9914.10nr 2008/09 380.92 11.02

240.63 0.4972.10315.4368.466.34nr 2009/10 236.86 6.47

251.76 0.4974.47329.1070.876.47nr 2010/11 247.80 6.83

Major Vegetable Oils

75.22 66.3126.30107.1224.687.227.69 1997/98 73.74 7.08

80.37 70.7227.81114.3426.897.087.95 1998/99 78.56 7.97

86.05 74.6128.77120.4426.577.828.33 1999/00 82.70 8.98

89.84 78.7330.94129.0630.248.9810.23 2000/01 88.60 9.51

92.77 80.4233.07133.2130.939.5110.50 2001/02 91.06 9.09

96.17 83.2736.19140.2535.009.094.58 2002/03 95.36 8.70

102.85 86.8739.30149.2637.718.704.42 2003/04 100.54 9.43

111.73 91.4242.82162.0240.869.438.12 2004/05 108.06 11.13

118.68 94.4147.87174.4044.5911.138.22 2005/06 114.89 11.65

121.58 96.0449.08180.2747.0411.658.29 2006/07 119.77 11.42

128.20 99.7554.29190.6451.0311.428.53 2007/08 125.57 10.79

169.21 134.1865.28246.2663.0913.968.63 2008/09 165.94 15.04

138.90 108.9557.70206.8555.7212.228.73 2009/10 137.78 11.36

146.48 113.6860.58216.9659.1211.363.09 2010/11 144.44 11.94

Based on the aggregate of different marketing years


July 2010

Table 16: World: Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

157.95 123.2139.31212.0638.1615.9468.53 1997/98 145.12 27.63

159.83 134.6437.93226.0038.5527.6371.30 1998/99 158.83 29.25

160.35 135.1045.62235.1745.5729.2571.91 1999/00 159.35 30.20

175.76 146.6053.76259.0153.0530.2075.44 2000/01 171.56 33.70

184.82 158.0252.89272.9054.3933.7079.47 2001/02 184.48 35.53

196.87 165.6360.97295.3162.9135.5382.31 2002/03 191.47 42.87

186.64 163.9756.02283.5154.0042.8788.41 2003/04 189.60 37.89

215.78 175.8664.75317.1463.4737.8993.18 2004/05 204.91 47.47

220.67 185.1963.80332.2764.1347.4792.92 2005/06 215.23 53.24

237.13 195.6171.32359.4369.0753.2494.26 2006/07 225.12 62.99

221.01 201.8279.59362.1178.1262.9990.67 2007/08 229.62 52.91

423.93 386.03154.68684.07154.33105.81192.80 2008/09 442.07 87.32

259.70 205.6187.58388.5185.1543.66101.92 2009/10 235.58 65.35

251.29 216.3088.84404.1787.5465.35101.97 2010/11 247.58 67.76

Meal, Soybean

97.96 123.3532.63136.7834.034.79nr 1997/98 98.44 5.71

106.35 134.6935.38147.8335.785.71nr 1998/99 106.02 6.43

107.13 135.1334.10148.4834.926.43nr 1999/00 108.64 5.74

116.12 146.6336.25157.7935.935.74nr 2000/01 116.04 5.51

125.04 158.1241.69170.9440.405.51nr 2001/02 123.62 5.63

130.62 165.6442.78178.7142.475.63nr 2002/03 130.16 5.77

128.83 163.9745.42179.5044.895.77nr 2003/04 128.15 5.93

139.04 175.8747.69190.8845.925.93nr 2004/05 136.61 6.59

145.79 185.2151.79203.5451.166.59nr 2005/06 145.45 6.30

153.88 195.6753.94212.7352.556.30nr 2006/07 152.11 6.68

316.72 403.72111.34438.21108.1413.35nr 2007/08 314.14 12.73

303.35 386.40104.36418.47102.4012.73nr 2008/09 304.76 9.36

161.86 205.8555.19219.6253.084.68nr 2009/10 159.21 5.23

170.40 216.7356.93230.4454.815.23nr 2010/11 168.08 5.43

Oil, Soybean

22.41 123.226.4131.276.222.64nr 1997/98 22.16 2.71

24.43 134.677.5034.377.222.71nr 1998/99 24.39 2.47

24.50 135.146.2333.046.062.47nr 1999/00 23.93 2.88

26.75 146.637.0636.526.892.88nr 2000/01 26.30 3.16

28.91 158.128.3539.747.673.16nr 2001/02 28.24 3.15

30.58 165.639.0342.008.273.15nr 2002/03 30.17 2.80

30.25 163.978.7941.438.392.80nr 2003/04 30.10 2.54

32.63 175.869.1744.058.882.54nr 2004/05 31.62 3.27

34.62 185.199.8446.979.093.27nr 2005/06 33.57 3.56

36.35 195.6510.5649.829.923.56nr 2006/07 35.50 3.76

37.53 201.8410.8851.7910.503.76nr 2007/08 37.73 3.17

71.50 386.3618.2395.7317.886.35nr 2008/09 71.81 5.69

38.06 205.839.0149.478.542.87nr 2009/10 37.82 2.65

40.15 216.719.0251.778.982.65nr 2010/11 40.32 2.43

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


July 2010

Table 17: World: Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks


Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

33.12 0.364.2639.464.302.0423.50 1997/98 34.13 1.07

35.76 0.286.8443.867.041.0725.41 1998/99 34.79 2.23

42.48 0.398.2152.928.202.2326.75 1999/00 40.46 4.25

37.33 0.387.1848.576.994.2524.69 2000/01 38.70 2.69

36.01 0.444.9043.654.952.6923.29 2001/02 35.98 2.78

33.26 0.384.1340.074.032.7822.10 2002/03 33.77 2.17

39.43 0.625.4946.755.152.1725.47 2003/04 39.16 2.10

46.09 0.634.9053.205.022.1026.68 2004/05 43.56 4.75

48.51 0.306.9859.946.684.7527.26 2005/06 47.45 5.51

45.09 0.536.6257.617.015.5126.48 2006/07 46.33 4.66

48.51 0.468.1260.737.564.6628.28 2007/08 49.07 3.55

57.84 0.4812.0273.5112.133.5531.09 2008/09 54.82 6.67

59.93 0.5310.8476.7510.156.6730.74 2009/10 59.57 6.34

57.83 0.559.4973.749.576.3431.39 2010/11 59.47 4.79

Meal, Rapeseed

18.85 0.002.8622.192.820.51nr 1997/98 18.88 0.44

19.23 0.002.0421.792.120.44nr 1998/99 19.38 0.37

22.08 0.002.3224.682.260.34nr 1999/00 21.98 0.38

21.16 0.001.8323.471.920.38nr 2000/01 21.34 0.29

19.94 0.001.5121.761.540.29nr 2001/02 19.95 0.30

18.80 0.001.6220.831.730.30nr 2002/03 18.94 0.28

21.78 0.002.4824.552.490.28nr 2003/04 21.42 0.65

24.22 0.002.5127.172.300.65nr 2004/05 24.18 0.48

26.55 0.002.6829.582.550.48nr 2005/06 26.30 0.60

25.91 0.002.8829.563.050.60nr 2006/07 26.45 0.24

27.64 0.003.6531.433.560.24nr 2007/08 27.53 0.25

30.80 0.003.4734.583.530.25nr 2008/09 30.87 0.24

33.58 0.003.6337.153.330.24nr 2009/10 33.27 0.26

33.67 0.003.9037.623.700.26nr 2010/11 33.48 0.24

Oil, Rapeseed

11.46 10.422.0013.862.020.39nr 1997/98 11.41 0.46

11.85 10.751.8113.941.640.46nr 1998/99 11.64 0.49

14.00 13.041.7316.181.730.45nr 1999/00 13.77 0.69

13.36 12.251.2015.391.340.69nr 2000/01 13.42 0.77

13.08 12.091.0314.971.120.77nr 2001/02 13.27 0.67

12.26 11.020.9113.830.890.67nr 2002/03 12.36 0.56

14.11 12.421.3316.021.360.56nr 2003/04 14.30 0.40

15.73 12.861.2917.331.200.40nr 2004/05 15.54 0.49

17.34 13.121.6519.301.470.49nr 2005/06 16.97 0.68

17.12 12.622.0320.002.200.68nr 2006/07 17.52 0.45

18.39 13.391.9120.862.020.45nr 2007/08 18.47 0.47

20.45 14.042.4223.372.440.47nr 2008/09 20.12 0.83

22.30 15.412.5225.762.640.83nr 2009/10 22.13 1.11

22.39 15.632.6526.252.751.11nr 2010/11 22.64 0.96

Based on the aggregate of different marketing years.


July 2010

Table 18: World: Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Production Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

23.30 0.8124.083.023.171.4319.15 1997/98

26.65 1.3526.173.693.760.8121.46 1998/99

27.18 2.0826.352.162.071.3523.06 1999/00

23.08 1.5623.312.522.232.0819.92 2000/01

21.41 1.5121.381.191.111.5618.83 2001/02

23.91 1.9923.281.521.371.5120.21 2002/03

26.88 2.7126.082.272.191.9922.98 2003/04

25.28 2.2425.661.231.132.7120.87 2004/05

29.93 2.5129.531.521.382.2422.76 2005/06

29.74 2.8129.301.901.762.5123.36 2006/07

27.20 2.6327.151.481.252.8121.11 2007/08

33.22 2.7432.752.151.792.6323.68 2008/09

30.48 1.6631.451.731.632.7422.26 2009/10

33.74 1.8833.262.141.881.6624.00 2010/11

Meal, Sunflowerseed

9.81 0.369.642.402.320.28nr 1997/98

10.54 0.3910.232.852.570.36nr 1998/99

10.57 0.4010.752.342.540.39nr 1999/00

9.32 0.329.632.002.230.40nr 2000/01

8.34 0.248.222.111.910.32nr 2001/02

8.99 0.178.952.322.200.24nr 2002/03

10.22 0.219.972.862.660.17nr 2003/04

9.96 0.189.772.772.550.21nr 2004/05

11.49 0.2611.163.553.310.18nr 2005/06

11.48 0.2111.393.493.350.26nr 2006/07

10.60 0.2810.033.282.780.21nr 2007/08

12.78 0.5812.094.303.910.28nr 2008/09

12.33 0.2612.184.453.990.58nr 2009/10

13.03 0.3912.364.694.150.26nr 2010/11

Oil, Sunflowerseed

8.48 0.648.213.062.680.76nr 1997/98

9.27 0.898.833.142.950.64nr 1998/99

9.28 0.938.742.902.450.85nr 1999/00

8.18 0.708.182.242.010.93nr 2000/01

7.44 0.487.501.921.760.70nr 2001/02

8.12 0.507.822.282.000.48nr 2002/03

9.19 0.588.392.681.950.50nr 2003/04

9.14 0.808.502.572.160.58nr 2004/05

10.57 0.979.813.913.300.80nr 2005/06

10.60 0.6610.194.043.330.97nr 2006/07

9.92 0.868.973.482.730.66nr 2007/08

11.87 1.4410.674.593.960.86nr 2008/09

11.44 0.9711.274.473.841.44nr 2009/10

12.11 1.0111.664.704.280.97nr 2010/11

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


July 2010

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

Million Metric Tons

Beginning

Stocks


Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

10.37 13.822.6910.8229.1916.921.91 1997/98 16.73 1.65

12.01 14.892.8112.3632.8619.201.65 1998/99 17.92 2.57

13.13 17.402.8014.0437.4621.802.53 1999/00 20.50 2.92

16.28 20.283.2916.4743.5024.302.92 2000/01 24.07 2.96

16.51 20.103.6917.6544.7725.302.96 2001/02 24.36 2.76

19.70 21.984.7019.9650.1227.662.76 2002/03 27.27 2.90

21.93 23.065.4422.1254.8530.022.90 2003/04 29.09 3.63

24.31 24.956.7825.0361.4133.473.63 2004/05 32.42 3.97

26.23 25.827.7227.5965.9635.763.97 2005/06 34.22 4.15

26.74 27.028.5427.5468.1437.254.15 2006/07 36.23 4.37

30.88 29.859.1932.2876.2040.954.37 2007/08 39.75 4.16

34.05 32.459.6034.5982.0743.854.16 2008/09 42.83 4.66

35.37 35.079.5335.7185.7845.754.66 2009/10 45.45 4.62

37.73 37.1310.0038.1291.6849.344.62 2010/11 48.03 5.53

Oil, Coconut

1.73 1.881.072.065.493.370.39 1997/98 3.12 0.31

1.21 1.751.001.114.242.720.31 1998/99 2.91 0.22

1.48 1.691.091.965.033.370.19 1999/00 2.90 0.17

1.77 2.051.191.835.533.590.17 2000/01 3.38 0.33

1.83 1.811.241.795.333.170.33 2001/02 3.20 0.34

1.89 1.831.231.735.373.140.34 2002/03 3.18 0.46

1.68 1.831.271.805.433.290.46 2003/04 3.23 0.40

1.86 1.791.372.075.713.460.40 2004/05 3.25 0.39

1.99 1.911.492.085.853.460.39 2005/06 3.54 0.23

1.87 1.761.451.745.323.220.23 2006/07 3.28 0.29

1.95 1.811.561.925.773.530.29 2007/08 3.48 0.37

1.65 1.741.541.515.543.520.37 2008/09 3.34 0.70

1.98 2.031.622.066.303.620.70 2009/10 3.73 0.50

1.99 2.011.651.966.173.680.50 2010/11 3.75 0.46

Meal, Fish

2.27 0.000.092.267.894.970.65 1997/98 4.97 0.66

2.78 0.000.083.079.255.810.66 1998/99 5.51 0.67

3.70 0.000.083.6610.696.330.67 1999/00 6.39 0.65

3.47 0.000.083.4710.045.920.65 2000/01 6.17 0.40

3.25 0.000.083.069.485.830.40 2001/02 5.73 0.69

2.85 0.000.082.868.384.840.69 2002/03 5.22 0.31

3.13 0.000.073.208.785.340.31 2003/04 5.40 0.18

3.59 0.000.053.679.485.710.18 2004/05 5.66 0.15

2.95 0.000.052.738.054.960.15 2005/06 5.17 0.15

2.69 0.000.052.597.915.070.15 2006/07 5.01 0.31

3.01 0.000.052.858.565.240.31 2007/08 5.37 0.34

3.11 0.000.052.958.555.100.34 2008/09 5.36 0.24

2.79 0.000.052.657.814.790.24 2009/10 4.99 0.18

2.81 0.000.052.597.754.760.18 2010/11 5.00 0.16

Based on the aggregate of different marketing years.


July 2010

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Major Oilseeds

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

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

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

84,891 49,18927,97694,6938178,98536,805 2000/01 58,897 7,820

89,832 50,63129,96698,3056537,82037,323 2001/02 61,466 6,873

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

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

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

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

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

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

89,201 49,34335,80297,4051,2956,90935,265 2008/09 55,984 5,619

98,900 51,27040,627105,5521,0335,61935,512 2009/10 58,711 6,214

100,775 49,02338,533107,9059166,21437,700 2010/11 58,051 11,321

Major Protien Meals

37,455 48,8878,95739,0391,355229nr 1997/98 29,783 299

36,764 47,8137,22338,2841,221299nr 1998/99 30,728 333

36,713 47,9057,13138,2881,242333nr 1999/00 30,860 297

38,238 49,1897,60739,6971,162297nr 2000/01 31,693 397

38,890 50,6317,52440,3471,060397nr 2001/02 32,537 286

36,585 47,5055,92238,0711,200286nr 2002/03 31,903 246

35,200 45,5394,93337,2911,845246nr 2003/04 32,085 273

39,246 50,1676,97041,0401,521273nr 2004/05 33,855 215

39,910 51,8977,61141,7801,655215nr 2005/06 33,808 361

41,449 53,4838,26443,5111,701361nr 2006/07 34,862 385

40,873 53,4958,71043,2371,979385nr 2007/08 34,194 333

37,712 49,3437,95639,8561,811333nr 2008/09 31,654 246

39,657 51,27010,66241,1601,257246nr 2009/10 30,164 334

37,895 49,0238,33240,0441,815334nr 2010/11 31,378 334

Major Vegetable Oils

9,558 48,8872,04312,1441,6449420 1997/98 9,118 983

9,431 47,8131,63511,8241,4109830 1998/99 9,191 998

9,413 47,9051,12611,9331,5229980 1999/00 9,592 1,215

9,554 49,1891,04712,4521,6831,2150 2000/01 9,766 1,639

9,681 50,6311,54912,9471,6271,6390 2001/02 10,093 1,305

9,197 47,5051,23812,0451,5431,3050 2002/03 9,885 922

8,779 45,53974011,6121,9119220 2003/04 10,077 795

9,769 50,16783812,4051,8417950 2004/05 10,443 1,124

10,423 51,89789913,9262,3791,1240 2005/06 11,230 1,797

10,455 53,4831,33314,7792,5271,7970 2006/07 11,705 1,741

10,545 53,4951,67915,3953,1091,7410 2007/08 12,252 1,464

9,664 49,3431,45714,3583,2301,4640 2008/09 11,164 1,737

9,961 51,2701,81114,8033,1051,7370 2009/10 11,329 1,663

9,697 49,0231,30214,6273,2671,6630 2010/11 11,860 1,465

Based on the aggregate of different marketing years


July 2010

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean

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

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

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

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

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

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

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

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

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

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

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

80,749 45,23034,92586,6903615,58030,222 2008/09 48,004 3,761

91,417 47,49139,73595,5864083,76130,907 2009/10 51,098 4,753

91,036 44,77037,28596,0612724,75331,560 2010/11 48,976 9,800

Meal, Soybean

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

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

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

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

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

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

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

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

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

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

38,359 49,0818,38438,798128311nr 2007/08 30,148 266

35,473 45,2307,71835,81980266nr 2008/09 27,888 213

37,490 47,49110,43337,830127213nr 2009/10 27,125 272

35,503 44,7708,07435,925150272nr 2010/11 27,579 272

Oil, Soybean

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

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

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

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

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

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

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

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

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

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

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

8,503 45,2309959,671411,127nr 2008/09 7,378 1,298

8,845 47,4911,47410,190471,298nr 2009/10 7,394 1,322

8,507 44,7709529,881521,322nr 2010/11 7,847 1,082

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.


July 2010

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

61,000 31,89524,51564,193833,11021,300 2007/08 34,860 4,818

57,800 30,77828,04162,7421244,81821,600 2008/09 33,545 1,156

69,000 33,78529,95070,3411851,15623,500 2009/10 36,735 3,656

65,000 32,80029,20068,8311753,65623,500 2010/11 35,900 3,731

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

24,720 31,89512,70926,4261431,563nr 2007/08 12,000 1,717

23,850 30,77812,15325,653861,717nr 2008/09 12,200 1,300

26,180 33,78512,57027,6001201,300nr 2009/10 13,000 2,030

25,420 32,80011,86027,5701202,030nr 2010/11 13,580 2,130

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

6,120 31,8952,1976,4279298nr 2007/08 3,990 240

5,910 30,7781,4976,19141240nr 2008/09 4,420 274

6,485 33,7851,4356,80950274nr 2009/10 5,000 374

6,290 32,8001,2656,71450374nr 2010/11 5,150 299

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

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


July 2010

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


Area

Harvested

Beginning

Stocks


Supply


Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

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

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

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

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

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

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

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

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

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

48,800 35,96312,13351,4702,33633416,300 2006/07 37,463 1,874

46,200 31,88311,80351,0212,9471,87416,600 2007/08 33,454 5,764

32,000 28,5523,48637,9211575,76416,000 2008/09 30,137 4,298

54,500 38,00012,30058,79804,29818,600 2009/10 39,600 6,898

50,000 38,65011,80056,89806,89818,000 2010/11 40,323 4,775

Meal, Soybean (Local)

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

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

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

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

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

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

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

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

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

27,857 35,96328,10829,83021,971nr 2006/07 625 1,097

24,839 31,88324,38925,93931,097nr 2007/08 632 918

22,529 28,55221,30323,4514918nr 2008/09 652 1,496

29,460 38,00028,90030,96041,496nr 2009/10 690 1,370

29,950 38,65029,30031,32221,370nr 2010/11 705 1,317

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

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

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

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

5,448 28,5523,7075,5850137nr 2008/09 1,721 157

7,275 38,0005,2657,4320157nr 2009/10 2,004 163

7,400 38,6505,2407,5630163nr 2010/11 2,135 188

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

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


July 2010

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


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

3,988 Oilseed, Copra 4,347 4,466 4,465 4,545 4,545

8,639 Oilseed, Palm Kernel 9,544 10,241 10,741 11,626 11,626

1,470 Oilseed, Soybean 1,457 1,440 1,461 1,471 1,471

3,386 Other 3,374 3,503 3,519 3,519 3,519

17,483 Total 18,722 19,650 20,186 21,161 21,161

none

Imports none

112 Meal, Fish 120 129 127 129 129

380 Meal, Rapeseed 428 488 470 510 510

9,078 Meal, Soybean 8,817 9,270 9,877 10,267 10,292

407 Other 331 428 486 553 553

9,977 Total 9,696 10,315 10,960 11,459 11,484

none

Imports none

1,437 Oil, Palm 1,870 2,273 2,380 2,450 2,450

0 Oil, Rapeseed 0 0 0 0 0

242 Oil, Soybean 390 271 322 338 338

0 Oil, Sunflowerseed 0 0 0 0 0

486 Other 643 527 630 680 680

2,165 Total 2,903 3,071 3,332 3,468 3,468

none


522 Meal, Fish 544 630 626 623 623

380 Meal, Rapeseed 428 488 470 510 510

10,501 Meal, Soybean 10,422 10,629 11,259 11,853 11,858

2,292 Other 2,188 2,364 2,561 2,879 2,759

13,695 Total 13,582 14,111 14,916 15,865 15,750

none


9,299 Oil, Palm 9,740 10,593 10,711 10,953 11,143


456 Oil, Soybean 599 507 523 532 532


3,375 Other 3,339 3,441 3,847 4,361 4,141

13,208 Total 13,756 14,619 15,159 15,924 15,894

none

Industrial Dom. Cons. none

3,006 Oil, Palm 3,138 3,590 3,355 3,075 3,405


71 Oil, Soybean 73 74 71 71 71


2,346 Other 2,272 2,314 2,646 3,120 2,911

5,423 Total 5,483 5,978 6,072 6,266 6,387

none

Food Use Dom. Cons. none

5,901 Oil, Palm 6,197 6,579 6,888 7,373 7,243


385 Oil, Soybean 526 433 452 461 461


1,024 Other 1,061 1,119 1,191 1,229 1,218

7,388 Total 7,862 8,209 8,609 9,141 9,000

none

SME none

754 Meal, Fish 786 910 905 900 900

270 Meal, Rapeseed 305 347 334 363 363

10,501 Meal, Soybean 10,422 10,629 11,259 11,853 11,858

1,216 Other 1,146 1,227 1,312 1,439 1,396

12,742 Total 12,659 13,114 13,810 14,555 14,517

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

SME - 44 Percent Protein Soybean Meal Equivalent


July 2010

Table 25: Middle East Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

1,877 Oilseed, Cottonseed 1,684 1,277 1,143 1,224 1,224

0 Oilseed, Rapeseed 0 0 0 0 0

213 Oilseed, Soybean 212 241 297 332 332

910 Oilseed, Sunflowerseed 758 888 861 936 936

77 Other 85 85 85 85 85

3,077 Total 2,739 2,491 2,386 2,577 2,577

none

Imports none

58 Meal, Fish 61 53 56 56 56

21 Meal, Rapeseed 54 58 35 30 30

2,623 Meal, Soybean 2,920 3,597 3,610 3,875 3,795

813 Other 513 743 844 934 884

3,515 Total 3,548 4,451 4,545 4,895 4,765

none

Imports none

1,905 Oil, Palm 2,240 2,050 2,290 2,440 2,390


792 Oil, Soybean 693 405 415 488 488


41 Other 48 60 59 58 58

3,107 Total 3,548 3,440 3,425 3,842 3,842

none


63 Meal, Fish 65 57 60 60 60

139 Meal, Rapeseed 321 302 255 288 288

4,605 Meal, Soybean 5,080 5,377 6,007 6,279 6,199

2,092 Other 1,683 1,732 1,843 1,937 1,914

6,899 Total 7,149 7,468 8,165 8,564 8,461

none


1,552 Oil, Palm 1,803 1,868 1,959 2,130 2,080

52 Oil, Rapeseed 116 112 95 106 106

1,224 Oil, Soybean 1,072 771 882 907 907

995 Oil, Sunflowerseed 1,004 1,230 1,270 1,323 1,325

582 Other 553 555 521 532 532

4,405 Total 4,548 4,536 4,727 4,998 4,950

none


160 Oil, Palm 146 145 155 168 168

28 Oil, Rapeseed 35 33 25 35 35

137 Oil, Soybean 76 60 65 63 63


58 Other 50 42 46 46 46

405 Total 329 302 311 332 332

none


1,392 Oil, Palm 1,657 1,723 1,804 1,962 1,912

24 Oil, Rapeseed 81 79 70 71 71

1,065 Oil, Soybean 976 691 796 824 824

953 Oil, Sunflowerseed 960 1,186 1,228 1,283 1,285

524 Other 503 513 475 486 486

3,958 Total 4,177 4,192 4,373 4,626 4,578

none

SME none

91 Meal, Fish 94 82 87 87 87

99 Meal, Rapeseed 228 215 181 205 205

4,605 Meal, Soybean 5,080 5,377 6,007 6,279 6,199

1,854 Other 1,484 1,552 1,666 1,750 1,728

6,649 Total 6,887 7,227 7,941 8,321 8,219

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.



July 2010

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


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

16,092 Oilseed, Rapeseed 18,358 18,996 21,454 21,000 20,600

1,228 Oilseed, Soybean 723 639 863 1,000 1,000

6,502 Oilseed, Sunflowerseed 4,799 7,080 7,027 7,050 7,050

678 Other 643 475 462 470 470

24,500 Total 24,523 27,190 29,806 29,520 29,120

none

Imports none

536 Meal, Fish 487 559 450 450 450

106 Meal, Rapeseed 109 171 150 150 150

22,213 Meal, Soybean 24,074 20,980 21,800 23,200 22,600

4,167 Other 3,880 4,972 4,732 4,782 4,782

27,022 Total 28,550 26,682 27,132 28,582 27,982

none

Imports none

4,332 Oil, Palm 4,960 5,379 5,100 5,300 5,300

727 Oil, Rapeseed 296 454 450 450 450

991 Oil, Soybean 1,040 793 450 400 400

1,205 Oil, Sunflowerseed 1,184 1,007 970 1,000 1,000

1,765 Other 1,551 1,455 1,569 1,558 1,558

9,020 Total 9,031 9,088 8,539 8,708 8,708

none


885 Meal, Fish 823 815 760 750 750

9,100 Meal, Rapeseed 10,413 11,759 12,973 13,208 13,070

33,228 Meal, Soybean 35,169 31,579 31,094 32,302 31,850

7,233 Other 6,495 8,040 8,320 8,211 8,211

50,446 Total 52,900 52,193 53,147 54,471 53,881

none


4,256 Oil, Palm 4,761 4,993 5,012 5,218 5,218

7,198 Oil, Rapeseed 7,774 8,679 9,760 9,945 9,965

3,368 Oil, Soybean 3,377 2,779 2,280 2,330 2,330

3,287 Oil, Sunflowerseed 2,901 3,158 3,234 3,293 3,343

3,595 Other 3,619 3,465 3,487 3,501 3,501

21,704 Total 22,432 23,074 23,773 24,287 24,357

none


1,400 Oil, Palm 1,821 1,765 1,762 1,930 1,930

4,768 Oil, Rapeseed 4,919 5,931 6,560 6,840 6,840

1,563 Oil, Soybean 1,592 1,085 910 890 890


417 Other 452 360 374 383 383

8,363 Total 8,979 9,404 9,856 10,323 10,323

none


2,656 Oil, Palm 2,720 2,968 2,950 2,988 2,988

2,425 Oil, Rapeseed 2,850 2,743 3,195 3,100 3,120

1,675 Oil, Soybean 1,655 1,564 1,240 1,310 1,310

3,069 Oil, Sunflowerseed 2,704 2,893 2,982 3,010 3,060

3,142 Other 3,141 3,079 3,087 3,092 3,092

12,967 Total 13,070 13,247 13,454 13,500 13,570

none

SME none

1,279 Meal, Fish 1,189 1,178 1,098 1,084 1,084

6,475 Meal, Rapeseed 7,409 8,367 9,230 9,397 9,299

33,228 Meal, Soybean 35,169 31,579 31,094 32,302 31,850

5,447 Other 4,745 6,115 6,443 6,339 6,339

46,429 Total 48,512 47,238 47,865 49,123 48,572

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

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

United Kingdom.


July 2010

Table 27: China Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

12,887 Oilseed, Peanut 13,027 14,286 14,700 14,800 14,800


15,967 Oilseed, Soybean 14,000 15,540 14,700 14,600 14,600

1,500 Oilseed, Sunflowerseed 1,250 1,790 1,630 1,680 1,680

13,910 Other 14,500 14,400 12,740 12,930 12,930

55,230 Total 53,350 58,116 57,470 57,010 56,810

none

Imports none

970 Meal, Fish 1,351 1,311 1,230 1,200 1,250

328 Meal, Rapeseed 302 260 600 270 370

32 Meal, Soybean 203 215 65 50 50

51 Other 101 24 13 13 13

1,381 Total 1,957 1,810 1,908 1,533 1,683

none

Imports none

5,139 Oil, Palm 5,223 6,118 6,600 7,150 7,150

11 Oil, Peanut 6 20 50 20 30

330 Oil, Rapeseed 277 453 550 560 600

2,404 Oil, Soybean 2,727 2,494 1,600 2,150 2,150


524 Other 523 563 750 750 800

8,502 Total 8,758 9,773 9,690 10,780 10,880

none


1,258 Meal, Fish 1,646 1,618 1,525 1,495 1,545

7,479 Meal, Rapeseed 7,069 8,317 9,405 9,090 8,991

27,630 Meal, Soybean 30,849 31,673 35,832 40,415 40,811

7,584 Other 7,694 7,952 7,471 7,609 7,609

43,951 Total 47,258 49,560 54,233 58,609 58,956

none


5,138 Oil, Palm 5,222 5,618 6,500 7,197 7,197

2,007 Oil, Peanut 2,016 2,184 2,219 2,225 2,235

4,343 Oil, Rapeseed 4,139 4,853 5,368 5,610 5,614

8,670 Oil, Soybean 9,693 9,486 10,210 11,454 11,583


2,072 Other 2,144 2,158 2,213 2,240 2,290

22,559 Total 23,343 24,738 26,913 29,146 29,339

none


3,188 Oil, Palm 3,222 3,568 4,350 4,867 4,867

2,007 Oil, Peanut 2,016 2,184 2,219 2,225 2,235

4,343 Oil, Rapeseed 4,139 4,853 5,368 5,610 5,614

8,670 Oil, Soybean 9,693 9,486 10,210 11,454 11,583


1,681 Other 1,775 1,707 1,713 1,690 1,740

20,218 Total 20,974 22,237 24,263 26,266 26,459

none

SME none

1,818 Meal, Fish 2,378 2,338 2,204 2,160 2,233

5,321 Meal, Rapeseed 5,030 5,918 6,692 6,468 6,397

27,630 Meal, Soybean 30,849 31,673 35,832 40,415 40,811

7,007 Other 7,100 7,382 6,980 7,107 7,107

41,776 Total 45,357 47,310 51,707 56,150 56,548



July 2010

Table 28: India Oilseeds and Products Supply and Distribution


2006/07 2007/08 2008/09 2009/10

Jun

2010/11

Jul

2010/11

none

Production none

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

5,385 Oilseed, Peanut 6,800 6,250 4,900 6,400 6,400


7,690 Oilseed, Soybean 9,470 9,100 8,750 8,800 8,800

1,280 Oilseed, Sunflowerseed 1,120 1,000 820 900 900

633 Other 713 749 749 749 749

29,916 Total 33,953 33,399 31,719 34,449 34,449

none

Imports none

0 Oil, Cottonseed 0 5 0 0 0

3,650 Oil, Palm 5,015 6,867 7,200 8,200 8,200

0 Oil, Peanut 0 0 0 0 0

0 Oil, Rapeseed 0 42 23 23 23

1,447 Oil, Soybean 733 1,060 1,500 1,190 1,190


143 Other 160 200 265 265 265

5,443 Total 5,926 8,757 9,538 10,278 10,278

none


3,084 Meal, Cottonseed 3,473 3,373 3,424 3,563 3,563

1,468 Meal, Peanut 1,843 1,777 1,400 1,822 1,822

2,804 Meal, Rapeseed 1,990 2,550 2,775 2,838 2,838

1,852 Meal, Soybean 2,056 2,383 2,854 3,082 3,082

558 Meal, Sunflowerseed 481 424 339 376 376

257 Other 274 303 302 302 302

10,023 Total 10,117 10,810 11,094 11,983 11,983

none


947 Oil, Cottonseed 1,054 1,038 1,049 1,085 1,085

3,671 Oil, Palm 5,065 6,475 7,350 8,050 8,050

1,433 Oil, Peanut 1,582 1,455 1,385 1,495 1,495

2,133 Oil, Rapeseed 1,967 2,095 2,252 2,287 2,287

2,600 Oil, Soybean 2,300 2,330 2,650 2,595 2,595


526 Other 583 637 709 709 709

11,910 Total 12,949 14,761 16,247 17,101 17,101

none


915 Oil, Cottonseed 1,021 1,000 1,010 1,041 1,041

3,175 Oil, Palm 4,585 6,150 7,000 7,700 7,700

1,420 Oil, Peanut 1,567 1,440 1,370 1,480 1,480

2,133 Oil, Rapeseed 1,967 2,095 2,252 2,287 2,287

2,600 Oil, Soybean 2,300 2,330 2,650 2,595 2,595


220 Other 260 316 352 352 352

11,063 Total 12,098 14,062 15,486 16,335 16,335

none

SME none

2,499 Meal, Cottonseed 2,814 2,733 2,774 2,887 2,887

1,650 Meal, Peanut 2,072 1,997 1,574 2,048 2,048

1,995 Meal, Rapeseed 1,416 1,814 1,974 2,019 2,019

1,852 Meal, Soybean 2,056 2,383 2,854 3,082 3,082

527 Meal, Sunflowerseed 454 400 320 355 355

115 Other 123 136 136 136 136

8,638 Total 8,935 9,464 9,632 10,527 10,527



July 2010

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

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

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

2009/10 Oct 347 348 418 422 427 525 1,160 357 373 390 470 Nov 350 364 391 439 440 481 1,160 311 406 402 493 Dec 360 373 399 446 450 474 1,196 324 448 415 509 Jan 360 351 379 391 437 454 1,213 346 434 408 524 Feb 346 338 359 347 406 463 1,250 370 444 398 538 Mar 345 341 357 353 408 454 1,240 348 463 407 608 Apr 348 351 366 364 411 448 1,180 353 479 418 628 May 346 342 359 359 407 454 1,214 328 485 378 624*Jun 345 347 368 365 407 483 1,225 331 423 388 651 Jul Aug Sep Average 350 351 377 387 421 471 1,204 341 439 400 561

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

* Preliminary 7/9/2010 8:55:12 AM

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

Soybean Peanut Sunseed

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; Wall Street Journal.3/ Rio Grande, Brazil FOB; Safras & Mercado or FOB Paranagua Reuters 4/ Argentina FOB Up River; Reuters 5/ Rotterdam CIF; U.S.; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World


July 2010

Year Fish

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

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

Oct - Sep Average

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

1998/99 153 150 130 150 72 76 442

1999/00 185 182 159 180 83 102 407

2000/01 191 187 168 188 100 118 459

2001/02 180 174 157 174 95 110 592

2002/03 200 163 152 197 101 106 598

2003/04 282 211 188 273 122 149 649

2004/05 202 172 157 231 94 120 665

2005/06 192 176 158 215 85 122 1060

2006/07 226 199 181 276 116 178 1220

2007/08 370 337 299 469 191 298 1146

2008/09

Oct 287 279 247 358 178 152 1,051

Nov 295 271 250 347 162 130 983

Dec 296 273 234 345 165 143 1,036

Jan 338 324 291 378 181 164 1,009

Feb 328 325 300 391 178 189 1,001

Mar 322 294 264 374 148 179 1,030

Apr 357 329 296 398 143 182 1,040

May 419 381 337 444 156 195 1,103

Jun 461 380 330 448 207 208 1,149

Jul 411 356 281 439 188 192 1,208

Aug 447 397 319 444 163 198 1,272

Sep 419 383 328 444 148 198 1,348

Average 365 333 290 401 168 178 1,103

2009/10

Oct 359 354 320 430 167 201 1,427

Nov 362 354 320 425 209 207 1,526

Dec 368 350 312 425 218 214 1,651

Jan 346 334 304 407 200 216 1,681

Feb 326 309 277 393 183 243 1,627

Mar 306 268 239 389 152 241 1,672

Apr 321 295 294 376 146 230 1,874

May 317 300 300 353 133 227 1,821

*Jun 337 308 306 342 121 211 1,747

Jul

Aug

Sep

Average 338 319 297 393 170 221 1,670

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

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

4/ Hanburg FOB Ex-Mill; Oil World. 5/ Memphis FOB; 41% Protein Solvent Extraction; USDA

6/ Minneapolis FOB; 32% Protein; USDA. 7/ Rotterdam CIF; Argentina Pellet 37-38%;

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

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

* Preliminary

211

7/9/2010 8:55:12 AM

196

231

200

203

228

188

197

217

240

184

186

190

195

204

222

231

227

155

168

200

217

129

184

298

156

129

139

178

131

254

Rapeseed

Hamb

9/

156

105

124

141

193

189

194

313

316

280

235

340

281

276

287

260

337

336

347

262

260

235

234

280

263

248

253

202

137

159

166

141

158

146

161

U.S.

5/

167

121

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

Soybean SunseedCottonseed


July 2010

Year Cottonseed Palm Canola Coconut Corn

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

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

Oct - Sep Average

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

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

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

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

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

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

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

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

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

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

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

2008/09

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

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

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

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

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

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

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

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

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

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

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

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

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

2009/10

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

Nov 807 853 831 931 897 1,168 921 1,146 1,116 703 928 729 840

Dec 812 857 816 935 913 1,146 986 1,151 1,192 766 944 768 882

Jan 769 845 852 923 860 1,146 969 1,301 1,316 774 916 784 889

Feb 765 840 790 914 863 1,146 948 1,312 1,380 778 893 798 828

Mar 802 820 793 915 879 1,130 949 1,295 1,380 809 897 921 846

Apr 818 817 809 903 854 1,138 924 1,402 1,360 811 909 940 849

May 781 820 790 865 824 1,157 910 1,491 1,353 798 864 932 849

*Jun 760 808 773 859 882 1,229 889 1,494 1,342 787 880 993 858

Jul

Aug

Sep

Average 783 829 809 905 868 1,157 927 1,302 1,287 765 903 841 852

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

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

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

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

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

* Preliminary

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

7/9/2010 8:55:12 AM

Soybean Sunseed Peanut


July 2010

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