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United States

Department of
Agriculture

Foreign
Agricultural
Service
February 2021

Soybean Buyers Turn Attention to Brazil’s 2021 Harvest


Annual Change in Brazil Soybean Supply
(Stocks + Imports + Production) Million Tons

20.451

11.605 10.887 9.968


7.274
4.971 5.043

-1.562
-9.922

2013/2014 2015/2016 2017/2018 2019/2020 2021/2022 (F)


Local Marketing Year Beginning February

As soybean supplies in the United States tighten seasonally, buyers are turning to South
America, particularly Brazil, where harvest is getting underway. Production in Brazil is currently
forecast at 133 million tons, up 7 million from last year. However, a lower carryin reduces year-
over-year supply growth to 5 million tons. This opens the door for a repeat of last year’s market
conditions where limited availability of Brazilian soybeans late in 2021 reduces export
competition for U.S. new-crop soybeans.

Global demand remains strong with ship lineups in Brazil exceeding 11 million tons in early
February. However, a portion of the lineup may also reflect this year’s delayed harvest. Reports
in Mato Grosso show soybean maturity running behind last year, which translates into a later
harvest and, therefore, slower movement of soybeans to port.

The large lineups also point to a quick run-up in export volume over the next few months.
BR163 is now completely paved allowing easier transport to northern ports and potentially
increasing volume shipped through these ports. A complete utilization of ports both north and
south would allow monthly soybean export volume to exceed historic norms and potentially raise
total export volume through September compared to 2020. With strong export and domestic
demand coupled with the smaller supply growth forecast for 2021, an increased export pace
would lead to a quicker draw-down in supplies by October. Consequently, U.S. producers would
face limited competition from Brazilian exports at harvest, similar to the situation observed in
the last quarter of 2020.

Approved by the World Agricultural Outlook Board/USDA


Lebanon Soybeans and Sunflower Oil Added to the USDA Database

Lebanon Soybean & Sunflower Oil Imports


Soybeans (Oct-Sep) Sunflower Oil (Sep-Aug)
350
302
287
300
Thousand Metric Tons

250 225
206
188 183
200
145 144 138 135
150 124
110 106 108
100
50
0
14/15 15/16 16/17 17/18 18/19 19/20 20/21 (F)
Marketing Year

Soybean and sunflower oil balance sheets have been added to the USDA database for Lebanon.
Sunflower oil was added starting in marketing year 2001/02. Since 2014/15, Lebanon has
imported more than 100,000 tons per year of sunflower oil. As of 2019/20, Lebanon is now the
11th-largest importer of sunflower oil in the FAS database. Lebanon is not a major importer or
consumer of sunflower seed nor sunflower meal, and thus, tables were not added for these
commodities.

Additionally, soybeans were added to the database starting in 2014/15. Lebanon began ramping
up soybean imports after opening a new crush facility in August of 2015. Imports reached a
record of more than 300,000 tons in 2018/19, before falling by a third in 2019/20. Soybean meal
and oil were already included in the database.

Over the past 3 marketing years, the United States has grown soybean market share in Lebanon.
In 2016/17, the United States sold no soybeans to Lebanon but increased market share to 50
percent in 2019/20. Continued demand growth for soybeans in Lebanon signal its potential to be
an new market for U.S. producers in the coming years.

Effective January 1, 2021, the separation of the United Kingdom (UK) from the European Union (EU) is
complete, including trade between both entities.

FAS will continue using the term “European Union” to mean the countries involved in the previous
customs union, i.e., EU27+UK, from January 2021 through April 2021 for field crops PSDs (except
cotton). Starting in May 2021 with the release of 2021/22 data, field crops PSDs will reflect EU27 and
UK separately. Cotton PSDs have been and will continue to be maintained on an individual country-
level basis, including the UK.

Foreign Agricultural Service/USDA 2 February 2021


Global Market Analysis
PROJECTION FOR 2020/21

Global 2020/21 oilseed production is forecast at 595 million tons, over 600,000 tons above
January. Higher cottonseed and slightly higher sunflower, soybean, and rapeseed production
more than offsets small declines for palm kernel and peanut. The global cottonseed crop is up
more than 500,000 tons with higher production in China, Pakistan, and others offsetting
lower production in India.

Global oilseed exports, at 194 million tons, are up over 1 million tons mostly on higher
Canada rapeseed and U.S. soybean trade. Oilseed crush is raised over 700,000 tons to 513
million. Larger rapeseed, cottonseed, sunflowerseed, and peanut crush more than offset lower
soybean crush (excluding the addition of Lebanon). Global oilseed stocks are down nearly 1
million tons primarily on lower soybean stocks in the United States, Brazil, and Canada,
partially offset by higher stocks in Argentina.

Protein meal production and consumption are fractionally higher while stocks fell slightly
from January as all adjustments are small. Protein meal exports are raised 600,000 tons due in
part to higher Argentina soybean meal shipments. Global vegetable oil production,
consumption, and trade are fractionally higher while stocks grew almost 1 million tons on a
rise in palm and rapeseed oil carryin from 2019/20. The projected U.S. season-average farm
price for soybeans is unchanged at $11.15 per bushel.

EXPORT PRICES

January 2021 Soybean Export Prices


U.S. Soybeans Argentina Soybeans Brazil Soybeans
January Avg Price $ 542/ton $ 556/ton $ 534/ton
Change vs December + $ 55/ton + $ 53/ton + $ 44/ton
Source: International Grains Council; all prices are FOB: U.S. Gulf, Argentina Up River, Brazil Paranagua

Export prices for the three largest soybean exporters rose in January despite retreating in the second half
of the month. Prices in the United States and Argentina strengthened for the eighth consecutive month,
reaching the highest levels since June 2014 and March 2014, respectively. Prices continued to rise in the
first half of the month on strong export demand, tightening global stocks, and dry weather in South
America. Monthly gains were partially offset by lower prices in the second half of January owing to
rainfall in South America.

January 2021 Soybean Meal Export Prices


U.S. Soy Meal Argentina Soy Meal Brazil Soy Meal
January Avg Price $ 534/ton $ 516/ton $ 517/ton
Change vs December + $ 51/ton + $ 45/ton + $ 46/ton
Source: International Grains Council; all prices are FOB: U.S. Gulf, Argentina Up River, Brazil Paranagua

Foreign Agricultural Service/USDA 3 February 2021


Global Market Analysis
Meal prices further strengthened throughout January to roughly 7-year highs, reflecting fluctuations in
soybean prices.

January 2021 Soybean and Palm Oil Export Prices


U.S. Gulf Argentina Up Brazil Paranagua Indonesia Malaysia
Soy Oil River Soy Oil Soy Oil Palm Oil Palm Oil
January Avg Price $ 1050/ton $ 1057/ton $ 1053/ton $ 1035/ton $ 990/ton
Change vs December + $ 82/ton + $ 36/ton + $ 38/ton + $ 84/ton + $ 55/ton
Source: International Grains Council; all prices are FOB: U.S. Gulf, Argentina Up River, Brazil Paranagua

Overall, rising oil prices persisted in January. Early in the month, prices strengthened on higher demand
for vegetable oils and less available soy oil from earlier Argentina strikes. In the middle of the month,
prices fell after crush and soybean oil exports normalized in Argentina. Palm oil prices continued to
rally to near 9-year highs in early January tracking strong rival oil prices and tight December stocks.
Monthly gains were partially offset by softening prices in the latter half of the month owing to falling
soy oil prices and weak January export demand.

SOYBEAN EXPORT PRICES


580
560
540
520
500
480
460
US$/ton

440
420
400
380
360
340
320
300

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

Foreign Agricultural Service/USDA 4 February 2021


Global Market Analysis
SOYBEAN MEAL EXPORT PRICES
580
560
540
520
500
US$/ton

480
460
440
420
400
380
360
340
320
300

Argentina (Up River) Brazil 48% (Paranagua) US 48% (Gulf)

SOYBEAN AND PALM OIL EXPORT PRICES


1,140
1,100
1,060
1,020
980
940
900
860
820
780
US$/ton

740
700
660
620
580
540
500
460

Argentina (Up River) Soy Oil Brazil (Paranagua) Soy Oil USA (Gulf) Soy Oil
Indonesia Palm Oil Malaysia Palm Oil

Foreign Agricultural Service/USDA 5 February 2021


Global Market Analysis
EXPORT SALES

U.S. Soybean Accumulated Exports U.S. Soybean Outstanding Sales


As of January 28 As of January 28
50 14
12
40
10

Million Tons
Million Tons

30 8
6
20
4
10 2
0
0
2017/18 2018/19 2019/20 2020/21
2017/18 2018/19 2019/20 2020/21
China the EU Rest of World China Unknown Rest of World

As of January 28, 2021, cumulative global U.S. soybean shipments hit a record of 47.5 million tons.
This record pace is driven primarily by higher shipments to China (32.4 million tons), nearly triple, from
the same month in 2019/20. Outstanding sales to all destinations are more than double those of this time
last year, led by China. Due to growth in exports and outstanding sales to China, total global export sales
commitments reached a new record of 58.7 million tons, up 7.9 million tons from the previous record in
2016/17.

Jan 30, Jan 28, Net % U.S. Soybean Total Commitments


2020 2021 Change Change As of January 28
Accumulated Exports 70
China 11.4 32.4 21.0 184% 60
ROW 3.6 11.6 8.0 223%
Million Tons

50
Outstanding Sales 40
China 0.6 3.0 2.3 383%
30
ROW 3.3 4.6 1.3 38%
20
Total Commitments
China 12.0 35.3 23.3 194% 10
ROW 18.7 19.8 1.0 6% 0
2017/18 2018/19 2019/20 2020/21
China Unknown Rest of World

Foreign Agricultural Service/USDA 6 February 2021


Global Market Analysis
2020/21 OUTLOOK CHANGES
Note: All figures are in thousand metric tons.
Country Commodity Attribute Current Previous Change Reason
Meal, Soybean Exports 26,700 26,300 400 Weak early season trade
Argentina Stronger-than-anticipated
Oilseed, Soybean Imports 4,500 4,000 500
2020 trade
Bangladesh Meal, Rapeseed Imports 200 60 140 Strong trade to date
Oilseed, Rapeseed Exports 10,700 10,000 700 Strong trade to date
Canada Diminished prospects for
Oilseed, Soybean Imports 350 550 -200
import growth
China Oilseed, Rapeseed Imports 3,000 2,500 500 Higher demand
Egypt Oil, Sunflowerseed Imports 350 460 -110 Trade trend
Trade trend and higher
Oilseed, Rapeseed Imports 6,000 5,800 200
European Canada exports
Union Tighter global supplies
Oilseed, Soybean Imports 15,150 15,400 -250
pressure imports lower
Stronger imports from
India Oil, Soybean Imports 3,600 3,400 200
Argentina
Oilseed, Soybean Imports 225 0 225 Added to the PSD
Lebanon
Oil, Sunflowerseed Imports 135 0 135 database
Russia Oil, Palm Imports 1,050 900 150 Trade trend
United States Oilseed, Soybean Exports 61,235 60,691 544 Continued strong sales

Questions may be directed to:

Bill George (202) 720-6234 Bill.George@usda.gov


Tani Lee (202) 720-9180 Tani.Lee@usda.gov
Tim O’Neil Timothy.ONeil@usda.gov
Heidi Broekemeier Heidi.Broekemeier@usda.gov

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.

Foreign Agricultural Service/USDA 7 February 2021


Global Market Analysis
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 8 February 2021


Global Market Analysis
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 9 February 2021


Global Market Analysis
Table 01: Major Oilseeds: World Supply and Distribution (Commodity View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Copra 5.52 5.94 5.98 5.86 5.75 5.75
Oilseed, Cottonseed 38.98 45.09 43.10 44.42 41.50 42.01
Oilseed, Palm Kernel 17.40 18.78 19.49 19.38 19.93 19.86
Oilseed, Peanut 45.16 46.83 46.81 46.06 47.36 47.32
Oilseed, Rapeseed 69.49 75.15 72.99 69.22 68.90 68.93
Oilseed, Soybean 349.77 342.93 361.04 336.46 361.00 361.08
Oilseed, Sunflowerseed 48.33 47.93 50.63 54.89 50.04 50.14
Total 574.64 582.64 600.04 576.29 594.48 595.09
none
Imports none
Oilseed, Copra 0.13 0.13 0.22 0.18 0.21 0.21
Oilseed, Cottonseed 0.96 0.75 0.58 0.66 0.72 0.70
Oilseed, Palm Kernel 0.07 0.14 0.13 0.11 0.10 0.10
Oilseed, Peanut 3.16 3.03 3.40 4.36 3.98 3.98
Oilseed, Rapeseed 15.50 15.33 14.33 15.55 15.44 16.12
Oilseed, Soybean 144.78 153.67 145.77 165.43 166.84 166.96
Oilseed, Sunflowerseed 2.26 2.24 2.61 3.27 2.55 2.60
Total 166.87 175.29 167.05 189.55 189.84 190.67
none
Exports none
Oilseed, Copra 0.17 0.16 0.17 0.27 0.24 0.24
Oilseed, Cottonseed 0.89 0.85 0.75 0.84 0.62 0.63
Oilseed, Palm Kernel 0.09 0.17 0.07 0.08 0.07 0.08
Oilseed, Peanut 3.68 3.39 3.65 4.69 4.26 4.16
Oilseed, Rapeseed 15.84 16.23 14.31 15.53 15.47 16.23
Oilseed, Soybean 147.52 153.16 148.83 165.17 169.10 169.69
Oilseed, Sunflowerseed 2.62 2.68 3.16 3.58 2.90 2.84
Total 170.80 176.64 170.94 190.15 192.65 193.87
none
Crush none
Oilseed, Copra 5.44 5.85 6.00 5.75 5.68 5.68
Oilseed, Cottonseed 28.84 33.62 32.95 33.91 32.34 32.49
Oilseed, Palm Kernel 17.27 18.68 19.41 19.32 19.82 19.75
Oilseed, Peanut 17.64 18.24 18.12 19.31 18.87 18.97
Oilseed, Rapeseed 67.33 68.21 67.88 68.34 67.73 67.99
Oilseed, Soybean 287.80 294.92 298.36 309.30 321.81 321.98
Oilseed, Sunflowerseed 43.12 44.03 46.26 50.23 46.02 46.13
Total 467.44 483.55 488.98 506.15 512.28 512.99
none
Ending Stocks none
Oilseed, Copra 0.09 0.11 0.10 0.08 0.08 0.08
Oilseed, Cottonseed 1.39 1.90 1.68 1.49 1.14 1.23
Oilseed, Palm Kernel 0.24 0.20 0.23 0.21 0.23 0.22
Oilseed, Peanut 4.00 5.10 5.47 4.03 3.83 3.77
Oilseed, Rapeseed 5.13 8.11 9.65 7.25 5.08 5.14
Oilseed, Soybean 94.12 98.99 112.88 94.85 84.31 83.36
Oilseed, Sunflowerseed 3.41 2.68 2.40 2.46 1.83 1.84
Total 108.37 117.08 132.40 110.36 96.50 95.64

Totals may not add due to rounding

Foreign Agricultural Service/USDA 10 February 2021


Global Market Analysis
Table 02: Major Protein Meals: World Supply and Distribution (Commodity View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Meal, Copra 1.81 1.94 2.01 1.92 1.90 1.90
Meal, Cottonseed 13.26 15.46 15.10 15.59 14.84 14.91
Meal, Fish 4.87 4.76 4.76 4.63 4.87 4.87
Meal, Palm Kernel 8.91 9.73 10.06 10.02 10.27 10.23
Meal, Peanut 7.02 7.26 7.20 7.68 7.51 7.55
Meal, Rapeseed 38.79 39.37 39.15 39.53 39.16 39.33
Meal, Soybean 225.82 232.33 233.68 242.92 252.79 252.92
Meal, Sunflowerseed 19.40 19.96 20.83 22.24 20.88 20.93
Total 319.87 330.80 332.78 344.52 352.21 352.62
none
Imports none
Meal, Copra 0.48 0.69 0.57 0.51 0.45 0.45
Meal, Cottonseed 0.25 0.32 0.37 0.37 0.41 0.41
Meal, Fish 3.02 2.99 3.02 2.94 3.08 3.06
Meal, Palm Kernel 6.58 6.83 7.16 6.80 7.05 7.05
Meal, Peanut 0.14 0.05 0.10 0.13 0.11 0.11
Meal, Rapeseed 5.90 6.25 6.88 7.51 7.00 7.20
Meal, Soybean 61.01 62.41 62.82 62.73 62.81 62.87
Meal, Sunflowerseed 6.88 6.56 7.79 8.23 7.13 7.09
Total 84.25 86.09 88.71 89.22 88.04 88.24
none
Exports none
Meal, Copra 0.53 0.71 0.68 0.50 0.55 0.55
Meal, Cottonseed 0.38 0.45 0.42 0.39 0.36 0.34
Meal, Fish 2.53 2.58 2.56 2.45 2.67 2.68
Meal, Palm Kernel 6.67 7.10 7.81 7.36 7.66 7.66
Meal, Peanut 0.16 0.10 0.12 0.15 0.14 0.14
Meal, Rapeseed 6.04 6.40 6.85 7.42 7.18 7.23
Meal, Soybean 65.00 65.33 67.73 67.08 65.97 66.51
Meal, Sunflowerseed 7.44 6.99 8.02 8.65 7.40 7.42
Total 88.75 89.65 94.18 94.00 91.93 92.51
none
Domestic Consumption none
Meal, Copra 1.75 1.90 1.89 1.93 1.81 1.81
Meal, Cottonseed 13.10 15.29 15.11 15.59 14.87 14.96
Meal, Fish 5.38 5.17 5.21 5.16 5.28 5.28
Meal, Palm Kernel 8.76 9.29 9.59 9.36 9.63 9.59
Meal, Peanut 7.02 7.21 7.16 7.68 7.48 7.52
Meal, Rapeseed 38.72 39.19 39.15 39.70 39.12 39.39
Meal, Soybean 221.66 228.89 230.03 240.95 250.96 251.03
Meal, Sunflowerseed 19.01 19.42 20.67 21.90 21.23 21.21
Total 315.39 326.36 328.83 342.28 350.37 350.77
none
Ending Stocks none
Meal, Copra 0.12 0.13 0.14 0.14 0.13 0.13
Meal, Cottonseed 0.10 0.14 0.08 0.05 0.07 0.07
Meal, Fish 0.26 0.26 0.27 0.22 0.22 0.20
Meal, Palm Kernel 0.45 0.63 0.45 0.55 0.59 0.59
Meal, Peanut 0.03 0.03 0.04 0.03 0.03 0.03
Meal, Rapeseed 1.04 1.05 1.09 1.00 0.97 0.91
Meal, Soybean 13.99 14.52 13.25 10.88 9.37 9.13
Meal, Sunflowerseed 1.25 1.36 1.28 1.21 0.60 0.60
Total 17.24 18.12 16.60 14.07 11.97 11.65

Totals may not add due to rounding

Foreign Agricultural Service/USDA 11 February 2021


Global Market Analysis
Table 03: Major Vegetable Oils: World Supply and Distribution (Commodity View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oil, Coconut 3.41 3.67 3.76 3.60 3.57 3.57
Oil, Cottonseed 4.38 5.10 4.97 5.13 4.87 4.89
Oil, Olive 2.61 3.27 3.28 3.13 3.20 3.20
Oil, Palm 65.26 70.55 74.15 73.30 75.46 75.46
Oil, Palm Kernel 7.64 8.27 8.58 8.53 8.75 8.72
Oil, Peanut 5.72 5.92 5.86 6.25 6.11 6.14
Oil, Rapeseed 27.54 27.93 27.71 28.02 27.73 27.83
Oil, Soybean 53.81 55.15 55.82 57.87 60.31 60.30
Oil, Sunflowerseed 18.21 18.52 19.49 21.50 19.42 19.47
Total 188.59 198.37 203.62 207.33 209.42 209.58
none
Imports none
Oil, Coconut 1.49 1.70 1.82 1.79 1.90 1.87
Oil, Cottonseed 0.06 0.09 0.10 0.11 0.09 0.09
Oil, Olive 0.79 0.95 1.00 1.18 1.10 1.15
Oil, Palm 46.19 46.65 50.50 47.75 49.62 49.93
Oil, Palm Kernel 2.71 2.88 3.04 3.01 3.06 3.09
Oil, Peanut 0.23 0.24 0.29 0.31 0.33 0.35
Oil, Rapeseed 4.39 4.51 4.87 5.57 5.23 5.36
Oil, Soybean 10.98 9.83 10.63 11.24 11.18 11.44
Oil, Sunflowerseed 9.01 8.91 9.42 11.55 9.63 9.76
Total 75.84 75.76 81.66 82.50 82.12 83.04
none
Exports none
Oil, Coconut 1.76 1.73 2.11 1.91 1.88 1.88
Oil, Cottonseed 0.08 0.10 0.11 0.11 0.10 0.09
Oil, Olive 0.89 1.06 1.10 1.37 1.18 1.23
Oil, Palm 48.89 48.66 51.77 48.43 51.28 51.34
Oil, Palm Kernel 3.09 3.11 3.38 3.30 3.29 3.25
Oil, Peanut 0.27 0.28 0.31 0.34 0.35 0.35
Oil, Rapeseed 4.50 4.61 4.96 5.64 5.47 5.60
Oil, Soybean 11.33 10.56 11.17 11.95 12.00 12.12
Oil, Sunflowerseed 10.52 10.02 11.25 13.24 10.81 10.87
Total 81.33 80.15 86.17 86.30 86.37 86.72
none
Domestic Consumption none
Oil, Coconut 3.21 3.42 3.55 3.55 3.68 3.65
Oil, Cottonseed 4.34 5.05 4.99 5.11 4.90 4.93
Oil, Olive 2.73 2.80 2.90 3.03 3.10 3.11
Oil, Palm 61.65 67.00 72.61 72.13 75.07 75.16
Oil, Palm Kernel 7.23 7.83 8.35 8.20 8.51 8.53
Oil, Peanut 5.56 5.74 5.95 6.36 6.15 6.21
Oil, Rapeseed 28.90 28.86 28.08 28.06 27.67 27.60
Oil, Soybean 53.43 54.48 55.12 56.67 59.56 59.59
Oil, Sunflowerseed 16.34 17.40 18.10 19.67 19.11 19.24
Total 183.38 192.58 199.66 202.77 207.75 208.02
none
Ending Stocks none
Oil, Coconut 0.42 0.63 0.55 0.49 0.41 0.39
Oil, Cottonseed 0.12 0.15 0.12 0.12 0.08 0.08
Oil, Olive 0.33 0.69 0.97 0.86 0.88 0.88
Oil, Palm 9.81 11.34 11.60 12.09 10.20 10.99
Oil, Palm Kernel 0.71 0.92 0.80 0.84 0.82 0.86
Oil, Peanut 0.39 0.52 0.42 0.27 0.21 0.21
Oil, Rapeseed 4.20 3.16 2.70 2.59 2.26 2.58
Oil, Soybean 3.96 3.90 4.06 4.55 4.72 4.58
Oil, Sunflowerseed 2.25 2.26 1.82 1.97 1.13 1.09
Total 22.18 23.57 23.02 23.78 20.72 21.66

Totals may not add due to rounding

Foreign Agricultural Service/USDA 12 February 2021


Global Market Analysis
Table 04: Major Oilseeds: World Supply and Distribution (Country View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
Brazil 117.89 127.21 124.63 131.34 137.74 137.74
United States 126.94 131.48 130.72 106.98 122.42 122.42
China 55.09 59.60 59.95 63.03 64.38 64.97
Argentina 60.05 42.46 60.83 53.64 52.62 52.59
India 37.05 35.43 35.51 36.69 38.13 37.92
Other 177.62 186.47 188.40 184.61 179.19 179.46
Total 574.64 582.64 600.04 576.29 594.48 595.09
Imports none
China 98.42 99.28 86.74 102.71 103.80 104.30
European Union 19.16 20.06 20.68 23.89 22.75 22.70
Mexico 6.03 6.76 7.72 7.66 7.95 7.95
Japan 5.79 5.86 5.91 5.78 5.93 5.93
Argentina 1.67 4.70 6.41 4.88 4.00 4.50
Egypt 2.18 3.36 3.74 5.02 4.24 4.24
Thailand 3.19 2.59 3.27 3.95 4.00 4.00
Turkey 3.05 3.69 3.56 4.38 3.90 3.94
Pakistan 2.77 3.16 2.56 3.00 3.49 3.37
Bangladesh 0.98 1.27 2.11 3.07 3.31 3.31
Other 23.62 24.56 24.34 25.21 26.47 26.44
Total 166.87 175.29 167.05 189.55 189.84 190.67
Exports none
Brazil 63.37 76.46 75.21 92.47 85.34 85.34
United States 60.08 59.32 48.82 47.04 61.81 62.35
Canada 15.63 15.80 14.49 13.98 14.25 14.95
Argentina 7.87 2.80 10.10 11.23 8.16 8.16
Paraguay 6.13 6.03 4.93 6.62 6.30 6.31
Ukraine 4.13 4.91 5.13 5.68 4.33 4.33
Australia 3.41 2.58 1.54 1.67 2.51 2.51
Other 10.16 8.75 10.71 11.46 9.96 9.92
Total 170.80 176.64 170.94 190.15 192.65 193.87
Crush none
China 122.62 127.55 121.37 128.08 134.85 135.30
United States 56.26 60.17 61.03 63.04 64.28 64.31
Brazil 42.90 47.40 46.87 48.83 49.88 49.88
European Union 46.67 48.33 48.14 48.69 48.33 48.33
Argentina 46.82 40.64 44.37 41.91 42.13 42.14
India 27.40 27.78 29.22 29.59 30.78 30.78
Russia 15.40 15.95 18.00 20.05 19.20 19.15
Ukraine 15.58 14.96 17.04 18.73 15.15 15.15
Indonesia 10.98 12.06 12.39 12.67 12.91 12.91
Canada 11.05 11.21 11.35 11.87 11.94 11.90
Mexico 6.40 6.99 7.85 7.75 7.99 7.99
Pakistan 5.88 6.25 6.17 6.14 5.83 5.75
Malaysia 5.38 5.48 5.77 5.42 5.69 5.69
Turkey 4.04 4.84 5.16 5.47 4.96 4.97
Japan 4.86 4.63 4.89 4.79 4.85 4.85
Other 45.22 49.33 49.36 53.14 53.52 53.90
Total 467.44 483.55 488.98 506.15 512.28 512.99
Ending Stocks none
China 21.66 24.61 20.74 28.17 29.95 30.15
Argentina 28.52 25.09 30.48 28.24 26.98 27.29
Brazil 32.25 32.87 32.64 20.35 20.79 20.44
United States 9.60 13.83 26.54 15.96 5.38 4.79
European Union 2.74 3.99 3.66 3.40 1.75 2.03
Other 13.60 16.71 18.34 14.25 11.66 10.95
Total 108.37 117.08 132.40 110.36 96.50 95.64

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

Foreign Agricultural Service/USDA 13 February 2021


Global Market Analysis
Table 05: Major Protein Meals: World Supply and Distribution (Country View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
China 87.67 90.57 85.87 90.98 96.60 96.82
United States 43.11 47.03 46.52 48.76 49.67 49.69
Brazil 32.45 35.82 35.02 36.52 37.35 37.35
Argentina 34.88 30.04 32.87 31.21 31.37 31.48
European Union 30.00 30.98 31.04 31.50 31.41 31.41
Other 91.76 96.37 101.46 105.55 105.80 105.86
Total 319.87 330.80 332.78 344.52 352.21 352.62
Imports none
European Union 24.90 24.68 25.49 23.09 23.67 23.62
Vietnam 5.65 5.80 6.12 6.01 6.14 6.14
China 3.18 3.59 5.04 6.37 5.21 5.31
Indonesia 4.35 4.61 4.56 5.13 5.06 5.05
United States 3.92 3.74 3.94 4.12 4.03 4.03
Korea, South 3.03 3.28 3.40 3.48 3.52 3.56
Thailand 3.32 3.77 3.63 3.57 3.58 3.49
Other 35.91 36.62 36.55 37.46 36.84 37.04
Total 84.25 86.09 88.71 89.22 88.04 88.24
Exports none
Argentina 32.13 27.05 29.73 28.11 26.95 27.35
Brazil 13.76 16.03 16.09 17.50 16.80 16.80
United States 10.83 13.01 12.50 13.05 13.21 13.19
Indonesia 4.51 5.02 5.46 5.19 5.54 5.54
Canada 4.93 4.90 5.07 5.24 5.20 5.20
Ukraine 5.19 4.67 5.75 6.10 4.97 4.96
India 2.51 2.79 3.10 1.84 2.71 2.71
Other 14.90 16.18 16.48 16.98 16.55 16.76
Total 88.75 89.65 94.18 94.00 91.93 92.51
Domestic Consumption none
China 89.69 92.92 89.95 96.30 100.78 101.10
European Union 54.39 54.67 54.53 54.02 54.03 53.95
United States 36.07 37.60 38.10 39.88 40.47 40.51
Brazil 18.12 18.83 19.71 20.17 20.58 20.58
India 13.55 14.19 14.64 16.09 16.32 16.32
Russia 6.57 7.13 7.62 8.05 8.43 8.45
Mexico 6.91 7.04 7.70 7.86 7.97 7.97
Vietnam 6.83 7.30 7.41 7.37 7.49 7.49
Thailand 5.45 5.51 5.82 6.25 6.35 6.26
Indonesia 5.30 5.52 5.62 6.09 6.04 6.03
Other 72.51 75.66 77.74 80.19 81.94 82.13
Total 315.39 326.36 328.83 342.28 350.37 350.77
SME none
China 85.11 87.76 84.42 90.40 95.22 95.47
European Union 46.51 46.60 46.64 46.52 46.60 46.55
United States 34.64 36.28 36.78 38.48 39.04 39.07
Brazil 17.88 18.52 19.29 19.74 20.16 20.16
India 11.65 12.16 12.50 13.71 14.02 14.02
Mexico 6.54 6.68 7.35 7.54 7.64 7.64
Vietnam 6.51 6.97 7.01 7.01 7.08 7.08
Other 80.32 83.83 86.64 90.03 92.20 92.30
Total 289.17 298.81 300.64 313.43 321.95 322.29
Ending Stocks none
Brazil 3.33 4.30 3.55 2.41 2.40 2.40
Argentina 3.65 2.89 2.17 1.32 1.45 1.37
India 1.13 0.66 0.93 0.98 0.74 0.62
Indonesia 0.56 0.67 0.39 0.62 0.60 0.60
United States 0.41 0.56 0.42 0.39 0.41 0.41
Other 8.16 9.04 9.15 8.36 6.37 6.25
Total 17.24 18.12 16.60 14.07 11.97 11.65

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

Foreign Agricultural Service/USDA 14 February 2021


Global Market Analysis
Table 06: Major Vegetable Oils: World Supply and Distribution (Country View)
Million Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
Indonesia 41.10 45.08 47.22 48.32 49.43 49.43
China 26.76 27.77 26.43 27.64 28.73 28.86
Malaysia 21.13 22.02 23.24 21.53 22.28 22.28
European Union 18.07 18.97 18.92 18.49 18.53 18.53
United States 11.43 12.11 12.20 12.64 13.03 13.04
Brazil 8.73 9.60 9.50 9.87 10.08 10.08
Argentina 9.87 8.79 9.47 9.01 9.10 9.11
Other 51.51 54.03 56.65 59.83 58.22 58.24
Total 188.59 198.37 203.62 207.33 209.42 209.58
Imports none
India 15.41 14.49 15.25 13.81 14.63 14.87
China 8.00 8.65 11.41 12.62 12.41 12.54
European Union 10.87 10.67 11.54 12.35 10.84 11.02
United States 4.73 4.78 4.70 4.93 4.92 4.83
Pakistan 3.25 3.20 3.27 3.34 3.53 3.53
Bangladesh 2.18 2.50 2.56 2.20 2.40 2.40
Egypt 2.16 1.83 1.58 1.92 1.96 1.85
Malaysia 1.13 1.12 1.66 1.44 1.55 1.55
Korea, South 1.02 1.05 1.19 1.24 1.38 1.38
Russia 0.97 1.17 1.41 1.37 1.20 1.37
Other 26.13 26.30 27.11 27.29 27.30 27.71
Total 75.84 75.76 81.66 82.50 82.12 83.04
Exports none
Indonesia 29.86 29.28 30.78 28.60 31.37 31.37
Malaysia 17.47 17.70 19.74 18.66 18.57 18.57
Argentina 6.28 5.08 6.26 6.16 6.38 6.48
Ukraine 6.11 5.60 6.55 7.21 5.87 5.87
Russia 2.98 3.26 3.84 5.14 4.32 4.34
Canada 3.29 3.34 3.33 3.58 3.56 3.51
European Union 2.40 2.52 2.35 2.69 2.60 2.72
Other 12.93 13.38 13.32 14.26 13.71 13.87
Total 81.33 80.15 86.17 86.30 86.37 86.72
Domestic Consumption none
China 35.73 36.86 38.36 39.82 41.09 41.21
European Union 26.57 26.96 27.14 27.21 27.47 27.42
India 21.68 22.20 22.53 22.06 22.49 22.64
Indonesia 11.89 14.69 17.10 18.10 18.59 18.59
United States 14.72 15.54 15.88 16.01 16.44 16.45
Brazil 7.91 8.44 8.91 9.21 9.50 9.53
Malaysia 4.22 4.89 5.23 5.08 5.29 5.29
Pakistan 4.45 4.55 4.67 4.71 4.80 4.77
Russia 3.39 3.48 3.56 3.61 3.70 3.69
Thailand 2.72 2.88 3.25 3.41 3.52 3.54
Bangladesh 2.57 2.82 3.01 3.12 3.25 3.27
Mexico 2.74 2.89 2.96 3.02 3.04 3.06
Argentina 3.74 3.64 3.27 2.83 2.76 2.66
Egypt 2.40 2.43 2.48 2.57 2.72 2.64
Japan 2.41 2.46 2.51 2.56 2.61 2.61
Other 36.23 37.84 38.79 39.44 40.48 40.66
Total 183.38 192.58 199.66 202.77 207.75 208.02
Ending Stocks none
Indonesia 2.50 3.67 3.16 4.85 4.39 4.39
European Union 1.76 1.92 2.89 3.83 2.95 3.24
China 3.52 2.80 2.02 2.25 2.10 2.24
Malaysia 2.29 2.83 2.76 2.00 1.97 1.97
United States 1.23 1.24 1.16 1.21 1.25 1.17
Other 10.89 11.10 11.04 9.64 8.07 8.65
Total 22.18 23.57 23.02 23.78 20.72 21.66

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

Foreign Agricultural Service/USDA 15 February 2021


Global Market Analysis
Table 07: Soybeans: World Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
Brazil 114,900 123,400 119,700 126,000 133,000 133,000
United States 116,931 120,065 120,515 96,667 112,549 112,549
Argentina 55,000 37,800 55,300 48,800 48,000 48,000
China 13,596 15,283 15,967 18,100 19,600 19,600
India 10,992 8,350 10,930 9,300 10,500 10,500
Paraguay 10,336 10,263 8,512 9,900 10,250 10,250
Canada 6,597 7,717 7,417 6,145 6,350 6,350
Other 21,419 20,051 22,695 21,546 20,755 20,830
Total 349,771 342,929 361,036 336,458 361,004 361,079
Imports none
China 93,495 94,095 82,540 98,533 100,000 100,000
European Union 13,441 14,584 14,985 15,664 15,400 15,150
Mexico 4,126 4,873 5,867 6,000 6,200 6,200
Argentina 1,674 4,703 6,408 4,882 4,000 4,500
Egypt 2,114 3,255 3,650 4,941 4,150 4,150
Thailand 3,078 2,482 3,155 3,831 3,890 3,890
Japan 3,175 3,256 3,314 3,325 3,410 3,410
Turkey 2,273 2,872 2,411 3,148 3,000 3,000
Taiwan 2,566 2,666 2,614 2,850 2,900 2,900
Bangladesh 813 1,179 1,733 2,551 2,900 2,800
Other 18,029 19,706 19,095 19,708 20,992 20,955
Total 144,784 153,671 145,772 165,433 166,842 166,955
Exports none
Brazil 63,137 76,136 74,887 92,126 85,000 85,000
United States 58,964 58,071 47,676 45,777 60,691 61,235
Argentina 7,025 2,132 9,104 10,002 7,000 7,000
Paraguay 6,129 6,029 4,901 6,619 6,300 6,300
Canada 4,592 4,925 5,258 3,907 4,200 4,200
Other 7,677 5,871 7,000 6,742 5,907 5,953
Total 147,524 153,164 148,826 165,173 169,098 169,688
Crush none
China 88,000 90,000 85,000 91,500 99,000 99,000
United States 51,742 55,926 56,935 58,910 59,874 59,874
Brazil 40,411 44,205 42,527 44,250 45,500 45,500
Argentina 43,309 36,933 40,567 38,770 39,000 39,000
European Union 14,400 14,950 15,600 16,350 16,850 16,850
India 9,000 7,700 9,600 8,400 9,500 9,500
Mexico 4,600 5,250 6,150 6,200 6,400 6,400
Russia 4,400 4,600 4,650 4,650 4,700 4,700
Egypt 2,100 3,200 3,500 4,700 4,500 4,500
Paraguay 3,750 3,870 3,620 3,250 3,800 3,750
Bangladesh 1,100 1,250 1,750 2,500 3,000 3,000
Thailand 1,950 1,400 2,000 2,610 2,700 2,700
Pakistan 1,680 2,000 2,000 2,200 2,600 2,600
Bolivia 2,550 2,300 2,550 2,500 2,525 2,525
Japan 2,392 2,400 2,470 2,460 2,520 2,520
Other 16,417 18,940 19,445 20,045 19,336 19,558
Total 287,801 294,924 298,364 309,295 321,805 321,977
Ending Stocks none
China 20,120 23,064 19,455 26,798 28,598 28,598
Argentina 26,996 23,734 28,890 26,700 25,600 26,000
Brazil 32,112 32,696 32,472 20,045 20,700 20,345
United States 8,208 11,923 24,740 14,276 3,798 3,254
European Union 1,150 1,397 1,610 1,694 934 834
Other 5,535 6,178 5,712 5,339 4,683 4,329
Total 94,121 98,992 112,879 94,852 84,313 83,360

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 16 February 2021


Global Market Analysis
Table 08: Soybean Meal: World Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
China 69,696 71,280 67,320 72,468 78,408 78,408
United States 40,630 44,657 44,283 46,358 47,136 47,136
Brazil 31,280 34,300 32,960 34,350 35,275 35,275
Argentina 33,380 28,450 31,250 29,870 29,950 30,050
European Union 11,376 11,811 12,324 12,917 13,311 13,311
India 7,200 6,160 7,680 6,720 7,600 7,600
Mexico 3,635 4,152 4,860 4,900 5,060 5,060
Other 28,626 31,516 33,001 35,338 36,045 36,077
Total 225,823 232,326 233,678 242,921 252,785 252,917
Imports none
European Union 18,793 18,367 18,757 17,617 18,050 18,050
Vietnam 4,945 4,969 5,149 5,150 5,200 5,200
Indonesia 4,255 4,486 4,449 5,043 4,950 4,950
Philippines 2,660 2,886 2,897 2,875 2,900 2,900
Thailand 2,782 3,191 2,889 2,854 2,800 2,800
Korea, South 1,764 1,846 1,855 1,992 2,020 2,020
Mexico 2,064 1,875 1,887 1,843 1,925 1,925
Japan 1,621 1,728 1,596 1,858 1,700 1,700
Iran 1,623 1,544 2,542 1,600 1,600 1,600
Colombia 1,284 1,373 1,433 1,555 1,560 1,560
Other 19,220 20,149 19,363 20,344 20,107 20,167
Total 61,011 62,414 62,817 62,731 62,812 62,872
Exports none
Argentina 31,323 26,265 28,833 27,461 26,300 26,700
Brazil 13,762 16,032 16,093 17,499 16,800 16,800
United States 10,505 12,717 12,191 12,770 12,927 12,927
Paraguay 2,379 2,628 2,333 2,138 2,450 2,500
India 2,019 1,863 2,185 850 1,870 1,870
Other 5,007 5,822 6,094 6,363 5,623 5,708
Total 64,995 65,327 67,729 67,081 65,970 66,505
Domestic Consumption none
China 68,646 70,105 66,405 71,507 77,423 77,423
United States 30,314 32,237 32,851 34,223 34,745 34,745
European Union 30,217 30,092 30,342 30,742 31,067 31,092
Brazil 16,943 17,311 17,645 18,000 18,500 18,500
Mexico 5,770 5,950 6,650 6,900 6,975 6,975
Vietnam 5,740 6,110 6,020 6,070 6,120 6,120
India 4,675 4,740 5,280 5,720 6,085 6,085
Indonesia 4,250 4,450 4,625 4,960 4,950 4,950
Thailand 4,250 4,280 4,400 4,840 4,866 4,866
Egypt 3,100 3,175 3,400 3,800 4,050 4,050
Russia 3,200 3,400 3,500 3,500 3,700 3,700
Japan 3,420 3,521 3,472 3,585 3,615 3,615
Iran 3,200 3,500 3,800 3,550 3,400 3,400
Argentina 2,853 2,996 3,126 3,200 3,250 3,300
Philippines 2,700 2,900 2,950 2,975 3,000 3,000
Other 32,382 34,119 35,567 37,376 39,211 39,206
Total 221,660 228,886 230,033 240,948 250,957 251,027
Ending Stocks none
Brazil 3,320 4,296 3,540 2,401 2,391 2,391
Argentina 3,554 2,744 2,062 1,272 1,400 1,322
India 647 215 479 656 341 341
United States 363 504 365 310 318 318
Algeria 209 322 317 388 283 283
Other 5,900 6,439 6,490 5,849 4,634 4,478
Total 13,993 14,520 13,253 10,876 9,367 9,133

Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada is
on an August/July MY. Paraguay, Vietnam and the Philippines are on a January/December MY and Bolivia is on a March/February MY.

Foreign Agricultural Service/USDA 17 February 2021


Global Market Analysis
Table 09: Soybean Oil: World Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
China 15,770 16,128 15,232 16,397 17,741 17,741
United States 10,035 10,783 10,976 11,300 11,596 11,596
Brazil 7,755 8,485 8,180 8,500 8,750 8,750
Argentina 8,395 7,236 7,910 7,674 7,720 7,720
European Union 2,736 2,841 2,964 3,107 3,202 3,202
India 1,620 1,386 1,728 1,512 1,710 1,710
Mexico 820 937 1,100 1,110 1,145 1,145
Other 6,683 7,355 7,733 8,273 8,444 8,438
Total 53,814 55,151 55,823 57,873 60,308 60,302
Imports none
India 3,534 2,984 3,000 3,612 3,400 3,600
China 711 481 783 1,000 1,100 1,100
Bangladesh 830 859 985 685 750 750
Algeria 674 776 889 699 650 650
Morocco 497 502 536 573 560 560
Peru 449 503 538 550 560 560
European Union 285 284 416 485 415 415
Korea, South 306 276 328 402 400 400
Colombia 352 344 343 360 370 370
Egypt 246 227 274 396 300 300
Other 3,096 2,596 2,536 2,473 2,672 2,735
Total 10,980 9,832 10,628 11,235 11,177 11,440
Exports none
Argentina 5,387 4,164 5,268 5,404 5,650 5,750
United States 1,159 1,108 880 1,288 1,247 1,247
Brazil 1,241 1,511 1,079 1,156 1,150 1,150
European Union 819 902 787 768 825 825
Paraguay 680 702 653 631 680 680
Russia 529 568 572 641 600 600
Bolivia 338 380 390 370 375 375
Other 1,175 1,226 1,545 1,692 1,475 1,493
Total 11,328 10,561 11,174 11,950 12,002 12,120
Domestic Consumption none
China 16,350 16,500 15,885 17,093 18,691 18,691
United States 9,010 9,698 10,376 10,124 10,523 10,569
Brazil 6,570 6,940 7,165 7,390 7,700 7,700
India 5,150 4,670 4,750 5,100 5,150 5,250
European Union 2,215 2,225 2,455 2,540 2,640 2,640
Argentina 3,085 2,981 2,624 2,175 2,104 2,004
Bangladesh 1,010 1,085 1,170 1,250 1,330 1,330
Mexico 1,100 1,160 1,235 1,265 1,300 1,300
Egypt 660 760 910 960 1,010 1,010
Algeria 715 740 770 800 825 825
Korea, South 450 470 505 547 579 579
Morocco 480 510 520 550 560 560
Peru 435 488 538 550 560 560
Pakistan 470 485 490 480 555 555
Japan 470 474 485 489 513 513
Other 5,256 5,293 5,244 5,354 5,518 5,499
Total 53,426 54,479 55,122 56,667 59,558 59,585
Ending Stocks none
United States 776 905 805 838 823 777
European Union 151 149 287 571 722 723
China 670 568 501 650 650 650
Brazil 291 370 330 350 420 460
Argentina 183 274 292 387 353 353
Other 1,886 1,634 1,840 1,750 1,750 1,620
Total 3,957 3,900 4,055 4,546 4,718 4,583

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 18 February 2021


Global Market Analysis
Table 10: Soybeans and Products: World Trade
Thousand Metric Tons

Meal, Soybean Oil, Soybean Oilseed, Soybean

Marketing Year 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21

Exports

North America 12,624 13,107 13,307 1,059 1,447 1,412 52,934 49,684 65,435

Canada (Aug-Jul) 425 329 370 169 144 150 5,258 3,907 4,200

United States (Oct-Sep) 12,191 12,770 12,927 880 1,288 1,247 47,676 45,777 61,235

South America 48,915 48,703 47,670 7,453 7,626 8,020 91,660 110,685 100,448

Argentina (Oct-Sep) 28,833 27,461 26,700 5,268 5,404 5,750 9,104 10,002 7,000

Brazil (Oct-Sep) 16,093 17,499 16,800 1,079 1,156 1,150 74,887 92,126 85,000

Paraguay (Jan-Dec) 2,333 2,138 2,500 653 631 680 4,901 6,619 6,300

South Asia 2,191 856 1,875 8 15 9 165 110 175

India (Oct-Sep) 2,185 850 1,870 8 15 9 165 110 175

Other 3,999 4,415 3,653 2,654 2,862 2,679 4,067 4,694 3,630

World Total 67,729 67,081 66,505 11,174 11,950 12,120 148,826 165,173 169,688

Imports

European Union (Oct-Sep) 18,757 17,617 18,050 416 485 415 14,985 15,664 15,150

East Asia 3,531 3,990 3,810 1,308 1,585 1,697 89,843 106,010 107,602

China (Oct-Sep) 17 51 15 783 1,000 1,100 82,540 98,533 100,000

Japan (Oct-Sep) 1,596 1,858 1,700 13 5 12 3,314 3,325 3,410

Korea, South (Oct-Sep) 1,855 1,992 2,020 328 402 400 1,373 1,300 1,290

Taiwan (Oct-Sep) 26 78 50 0 0 0 2,614 2,850 2,900

Southeast Asia 16,692 17,364 17,330 242 270 277 8,367 9,393 9,831

Indonesia (Oct-Sep) 4,449 5,043 4,950 34 34 38 2,623 2,636 2,800

Malaysia (Oct-Sep) 1,278 1,414 1,450 83 107 105 747 795 845

Philippines (Jan-Dec) 2,897 2,875 2,900 62 65 71 150 180 240

Thailand (Sep-Aug) 2,889 2,854 2,800 1 3 1 3,155 3,831 3,890

Vietnam (Jan-Dec) 5,149 5,150 5,200 45 45 45 1,638 1,900 2,000

North America 3,525 3,540 3,569 357 323 354 7,422 6,682 7,503

Canada (Aug-Jul) 1,018 1,117 1,100 23 27 35 1,172 263 350

Mexico (Sep-Aug) 1,887 1,843 1,925 154 151 160 5,867 6,000 6,200

South America 5,501 5,808 5,820 1,131 1,272 1,429 7,660 6,613 6,115

Brazil (Oct-Sep) 22 10 15 24 66 210 140 549 400

Colombia (Oct-Sep) 1,433 1,555 1,560 343 360 370 619 660 700

Central America 1,290 1,361 1,393 171 192 201 263 315 342

Caribbean 1,085 983 1,052 305 328 324 134 133 138

Middle East 6,182 5,572 5,600 431 166 202 6,023 5,898 5,937

Iran (Oct-Sep) 2,542 1,600 1,600 346 79 100 2,346 1,460 1,700

Israel (Oct-Sep) 168 285 290 9 5 3 392 385 400

Syria (Jan-Dec) 97 70 75 1 1 6 4 4 5

Turkey (Oct-Sep) 1,180 1,073 1,000 0 0 0 2,411 3,148 3,000

North Africa 2,274 2,444 2,125 1,775 1,753 1,605 4,288 6,207 5,555

Egypt (Oct-Sep) 219 317 300 274 396 300 3,650 4,941 4,150

Other 3,980 4,052 4,123 4,492 4,861 4,936 6,787 8,518 8,782

World Total 62,817 62,731 62,872 10,628 11,235 11,440 145,772 165,433 166,955

Foreign Agricultural Service/USDA 19 February 2021


Global Market Analysis
Table 11: Palm Oil: World Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21

Production none
Indonesia 36,000 39,500 41,500 42,500 43,500 43,500
Malaysia 18,858 19,683 20,800 19,255 19,900 19,900
Thailand 2,500 2,780 3,000 2,800 3,100 3,100
Colombia 1,146 1,627 1,631 1,529 1,600 1,559
Nigeria 990 1,025 1,130 1,220 1,280 1,280
Other 5,768 5,931 6,084 5,997 6,083 6,125
Total 65,262 70,546 74,145 73,301 75,463 75,464
Imports none
India 9,341 8,608 9,710 7,398 8,700 8,700
China 4,881 5,320 6,795 6,719 6,900 6,900
European Union 7,217 7,079 7,349 7,500 6,700 6,800
Pakistan 3,075 3,093 3,175 3,275 3,450 3,450
Bangladesh 1,347 1,637 1,569 1,510 1,650 1,650
United States 1,367 1,527 1,526 1,517 1,450 1,450
Philippines 1,165 1,167 1,055 1,130 1,225 1,225
Egypt 1,323 1,095 1,011 1,154 1,200 1,200
Kenya 767 764 915 1,143 960 1,050
Russia 849 989 1,098 1,054 900 1,050
Other 14,860 15,368 16,297 15,349 16,481 16,456
Total 46,192 46,647 50,500 47,749 49,616 49,931
Exports none
Indonesia 27,633 26,967 28,279 26,249 28,850 28,850
Malaysia 16,313 16,472 18,362 17,212 17,275 17,275
Guatemala 718 800 828 757 810 850
Colombia 502 697 677 611 725 725
Papua New Guinea 664 684 720 565 570 570
Other 3,061 3,038 2,906 3,035 3,052 3,068
Total 48,891 48,658 51,772 48,429 51,282 51,338
Domestic Consumption none
Indonesia 9,125 11,565 13,721 14,645 15,050 15,050
India 9,350 9,270 9,495 8,078 8,880 8,880
European Union 6,900 6,950 6,960 6,900 7,100 7,100
China 4,750 5,100 7,012 6,433 6,920 6,920
Malaysia 2,622 3,238 3,522 3,573 3,625 3,625
Pakistan 2,995 3,145 3,245 3,290 3,400 3,400
Thailand 2,135 2,343 2,640 2,650 2,750 2,750
Nigeria 1,240 1,340 1,465 1,565 1,665 1,665
Bangladesh 1,364 1,580 1,580 1,560 1,610 1,610
United States 1,355 1,563 1,496 1,497 1,446 1,446
Philippines 1,220 1,250 1,260 1,220 1,250 1,250
Egypt 1,150 1,155 1,175 1,200 1,225 1,225
Colombia 970 1,015 1,065 1,105 1,135 1,140
Russia 835 915 900 1,050 1,040 1,045
Burma 800 850 900 977 990 990
Other 14,837 15,723 16,174 16,391 16,981 17,065
Total 61,648 67,002 72,610 72,134 75,067 75,161
Ending Stocks none
Indonesia 2,110 3,079 2,663 4,280 3,880 3,880
Malaysia 2,016 2,529 2,500 1,760 1,660 1,660
European Union 608 591 864 1,374 692 999
China 307 495 247 500 450 450
Thailand 276 368 464 398 424 425
Other 4,491 4,279 4,866 3,779 3,097 3,573
Total 9,808 11,341 11,604 12,091 10,203 10,987

Foreign Agricultural Service/USDA 20 February 2021


Global Market Analysis
Table 12: Rapeseed and Products: World Supply and Distribution
Thousand Metric Tons

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

Marketing Year 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21

Production

China (Oct-Sep) 9,722 9,138 9,147 6,425 6,039 6,045 13,281 13,485 13,200

India (Oct-Sep) 4,100 4,170 4,050 2,622 2,660 2,584 8,000 7,700 7,650

Canada (Aug-Jul) 5,245 5,715 5,600 4,060 4,425 4,320 20,724 19,607 19,000

Japan (Oct-Sep) 1,333 1,295 1,295 1,045 1,000 1,000 4 4 4

European Union (Jul-Jun) 13,395 13,168 12,768 9,823 9,657 9,363 20,061 16,880 16,800

Other 5,358 6,043 6,466 3,735 4,242 4,515 10,917 11,546 12,280

World Total 39,153 39,529 39,326 27,710 28,023 27,827 72,987 69,222 68,934

Imports

China (Oct-Sep) 1,437 1,910 1,600 1,507 1,940 1,700 3,486 2,558 3,000

India (Oct-Sep) 0 0 0 62 78 80 0 0 0

Canada (Aug-Jul) 6 6 7 16 20 20 146 155 100

Japan (Oct-Sep) 7 5 5 28 42 45 2,384 2,242 2,300

European Union (Jul-Jun) 514 385 400 246 298 325 4,231 6,249 6,000

Other 4,913 5,204 5,189 3,007 3,191 3,189 4,082 4,343 4,716

World Total 6,877 7,510 7,201 4,866 5,569 5,359 14,329 15,547 16,116

Exports

China (Oct-Sep) 11 14 15 15 4 5 0 0 0

India (Oct-Sep) 876 950 800 4 6 5 0 0 0

Canada (Aug-Jul) 4,643 4,903 4,830 3,155 3,429 3,350 9,202 10,043 10,700

Japan (Oct-Sep) 0 6 0 1 2 2 0 0 0

European Union (Jul-Jun) 447 484 475 210 323 325 90 31 25

Other 870 1,064 1,106 1,577 1,876 1,911 5,022 5,457 5,506

World Total 6,847 7,421 7,226 4,962 5,640 5,598 14,314 15,531 16,231

Domestic Consumption

China (Oct-Sep) 11,148 11,034 10,732 8,387 8,146 7,700 16,925 15,985 16,050

India (Oct-Sep) 3,225 3,340 3,300 2,730 2,770 2,680 7,900 7,950 7,750

Canada (Aug-Jul) 655 768 787 995 1,007 1,010 9,869 11,023 10,331

Japan (Oct-Sep) 1,330 1,303 1,303 1,015 1,060 1,070 2,411 2,305 2,305

European Union (Jul-Jun) 13,325 13,200 12,800 9,710 9,550 9,450 24,400 23,715 22,900

Other 9,466 10,058 10,471 5,240 5,524 5,693 9,958 10,656 11,591

World Total 39,149 39,703 39,393 28,077 28,057 27,603 71,463 71,634 70,927

Ending Stocks

China (Oct-Sep) 0 0 0 1,271 1,100 1,140 1,195 1,253 1,403

India (Oct-Sep) 446 326 276 218 180 159 469 219 119

Canada (Aug-Jul) 70 120 110 341 350 330 4,435 3,131 1,200

Japan (Oct-Sep) 74 65 62 79 59 32 179 120 119

European Union (Jul-Jun) 313 182 75 345 427 340 1,630 1,013 888

Other 184 309 387 441 474 574 1,737 1,513 1,412

World Total 1,087 1,002 910 2,695 2,590 2,575 9,645 7,249 5,141

Foreign Agricultural Service/USDA 21 February 2021


Global Market Analysis
Table 13: Sunflowerseed and Products: World Supply and Distribution
Thousand Metric Tons

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

Marketing Year 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21

Production

Argentina (Mar-Feb) 3,825 3,235 2,900 1,435 1,170 1,235 1,425 1,200 1,225

Russia (Sep-Aug) 12,710 15,305 13,500 4,911 5,672 5,179 4,935 5,700 5,203

Turkey (Sep-Aug) 1,800 1,750 1,560 1,348 1,429 1,252 1,066 1,141 1,000

Ukraine (Sep-Aug) 15,000 16,500 14,000 6,112 6,455 5,689 6,364 7,390 5,923

European Union (Oct-Sep) 9,505 9,643 9,200 4,700 4,780 4,727 3,675 3,739 3,692

Other 7,792 8,457 8,979 2,319 2,738 2,848 2,027 2,329 2,429

World Total 50,632 54,890 50,139 20,825 22,244 20,930 19,492 21,499 19,472

Imports

Argentina (Mar-Feb) 1 0 0 0 0 0 0 0 0

Russia (Sep-Aug) 52 56 50 10 20 15 10 1 5

Turkey (Sep-Aug) 1,116 1,178 875 910 1,029 900 569 870 500

Ukraine (Sep-Aug) 23 31 25 5 10 3 0 0 0

European Union (Oct-Sep) 545 968 620 3,671 3,014 2,850 1,966 2,447 1,750

Other 872 1,037 1,033 3,196 4,157 3,320 6,872 8,234 7,500

World Total 2,609 3,270 2,603 7,792 8,230 7,088 9,417 11,552 9,755

Exports

Argentina (Mar-Feb) 173 210 150 883 610 630 853 640 600

Russia (Sep-Aug) 358 1,237 550 1,573 2,026 1,500 2,651 3,809 3,050

Turkey (Sep-Aug) 116 99 100 23 15 20 496 715 450

Ukraine (Sep-Aug) 104 53 125 4,808 5,181 4,475 6,063 6,686 5,520

European Union (Oct-Sep) 611 456 350 388 403 400 487 653 600

Other 1,798 1,523 1,565 345 415 392 700 736 649

World Total 3,160 3,578 2,840 8,020 8,650 7,417 11,250 13,239 10,869

Domestic Consumption

Argentina (Mar-Feb) 3,656 3,032 2,980 600 600 610 627 632 632

Russia (Sep-Aug) 12,350 14,200 13,000 3,400 3,700 3,775 2,150 2,085 2,100

Turkey (Sep-Aug) 2,627 2,812 2,482 2,200 2,300 2,400 1,095 1,140 1,190

Ukraine (Sep-Aug) 14,950 16,560 13,910 1,350 1,350 1,300 540 550 565

European Union (Oct-Sep) 9,765 9,930 9,830 7,885 7,510 7,310 5,064 5,273 5,163

Other 7,011 7,993 8,317 5,236 6,442 5,813 8,622 9,985 9,590

World Total 50,359 54,527 50,519 20,671 21,902 21,208 18,098 19,665 19,240

Ending Stocks

Argentina (Mar-Feb) 987 980 750 87 47 42 130 58 51

Russia (Sep-Aug) 233 157 157 251 217 136 253 60 118

Turkey (Sep-Aug) 203 220 73 242 385 117 86 242 102

Ukraine (Sep-Aug) 141 59 49 293 227 144 40 194 32

European Union (Oct-Sep) 330 555 195 324 205 72 392 652 331

Other 506 484 614 86 124 87 920 762 452

World Total 2,400 2,455 1,838 1,283 1,205 598 1,821 1,968 1,086

Foreign Agricultural Service/USDA 22 February 2021


Global Market Analysis
Table 14: Minor Vegetable Oils: World Supply and Distribution
Thousand Metric Tons

Oil, Peanut Oil, Cottonseed Oil, Olive

Marketing Year 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21 2018/19 2019/20 2020/21

Production

China (Oct-Sep) 2,928 3,168 2,992 1,374 1,356 1,382 4 5 5

India (Oct-Sep) 1,089 1,205 1,250 1,225 1,390 1,405 nr nr nr

Turkey (Nov-Oct) 7 7 7 215 202 170 183 235 190

United States (Aug-Jul) 99 115 113 207 218 209 16 16 16

European Union (Oct-Sep) 13 13 13 46 57 44 2,400 1,920 2,220

Other 1,727 1,739 1,765 1,902 1,902 1,679 677 949 771

World Total 5,863 6,247 6,140 4,969 5,125 4,889 3,280 3,125 3,202

Imports

China (Oct-Sep) 172 226 250 0 0 0 50 55 55

India (Oct-Sep) 0 0 0 0 3 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 0 2 0 29 43 40

United States (Aug-Jul) 27 2 9 0 0 2 355 397 380

European Union (Oct-Sep) 69 58 70 1 0 1 179 276 300

Other 26 22 23 94 102 91 387 404 379

World Total 294 308 352 95 107 94 1,000 1,175 1,154

Exports

China (Oct-Sep) 9 12 10 4 2 2 0 0 0

India (Oct-Sep) 9 56 40 0 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 8 10 1 62 60 55

United States (Aug-Jul) 4 12 7 38 38 30 7 7 10

European Union (Oct-Sep) 2 3 4 1 1 1 727 831 875

Other 284 261 285 60 61 52 306 474 291

World Total 308 344 346 111 112 86 1,102 1,372 1,231

Domestic Consumption

China (Oct-Sep) 3,091 3,382 3,232 1,370 1,354 1,380 54 60 60

India (Oct-Sep) 1,150 1,275 1,260 1,227 1,395 1,405 nr nr nr

Turkey (Nov-Oct) 7 7 7 210 190 178 180 185 190

United States (Aug-Jul) 122 105 115 168 176 181 364 406 386

European Union (Oct-Sep) 80 72 79 46 56 44 1,495 1,520 1,595

Other 1,504 1,514 1,516 1,967 1,943 1,746 811 861 877

World Total 5,954 6,355 6,209 4,988 5,114 4,934 2,904 3,032 3,108

Ending Stocks

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

India (Oct-Sep) 315 189 139 19 17 17 nr nr nr

Turkey (Nov-Oct) 0 0 0 13 17 8 9 42 27

United States (Aug-Jul) 11 11 11 16 20 20 0 0 0

European Union (Oct-Sep) 6 2 2 0 0 0 823 668 718

Other 85 71 58 67 67 39 135 153 135

World Total 417 273 210 115 121 84 967 863 880

Foreign Agricultural Service/USDA 23 February 2021


Global Market Analysis
Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area Beginning Production Imports Total Exports Food Use Domestic Ending
Harvested Stocks Supply Dom. Consumpti Stocks

Major Oilseeds
2007/08 220.38 77.16 393.11 90.41 560.68 91.74 31.92 403.25 65.69
2008/09 230.90 65.69 399.71 94.54 559.94 94.15 33.78 405.27 60.51
2009/10 235.75 60.51 447.20 102.62 610.34 107.60 34.61 425.38 77.36
2010/11 245.74 77.36 460.49 105.01 642.86 108.32 35.86 446.00 88.53
2011/12 248.83 88.53 446.80 113.28 648.61 110.97 36.07 465.88 71.76
2012/13 256.74 71.76 474.67 114.79 661.22 118.13 36.44 471.14 71.95
2013/14 261.25 71.95 503.29 133.81 709.05 133.86 37.34 494.55 80.64
2014/15 267.29 80.64 538.30 143.65 762.59 147.42 38.81 520.43 94.74
2015/16 264.89 94.74 523.12 154.22 772.07 153.71 40.18 526.44 91.92
2016/17 267.92 91.92 574.64 166.87 833.43 170.80 41.64 554.26 108.37
2017/18 280.47 108.37 582.64 175.29 866.30 176.64 42.74 572.57 117.08
2018/19 281.57 117.08 600.04 167.05 884.16 170.94 43.65 580.82 132.40
2019/20 279.22 132.40 576.29 189.55 898.24 190.15 44.77 597.72 110.36
2020/21 283.25 110.36 595.09 190.67 896.12 193.87 46.34 606.62 95.64

Major Protein Meals


2007/08 nr 10.31 231.89 70.53 312.73 72.93 0.29 229.39 10.41
2008/09 nr 10.41 230.06 68.36 308.83 70.15 0.32 230.13 8.55
2009/10 nr 8.55 244.46 70.39 323.40 72.70 0.40 240.52 10.18
2010/11 nr 10.18 257.26 75.07 342.51 77.88 0.33 251.66 12.97
2011/12 nr 12.97 267.41 79.18 359.57 81.10 0.40 263.84 14.64
2012/13 nr 14.64 269.14 75.06 358.84 79.44 0.43 266.43 12.97
2013/14 nr 12.97 282.66 80.62 376.24 83.55 0.44 278.11 14.58
2014/15 nr 14.58 300.20 82.40 397.18 86.63 0.45 292.75 17.81
2015/16 nr 17.81 305.33 83.35 406.49 87.37 0.48 301.87 17.25
2016/17 nr 17.25 319.87 84.25 421.37 88.75 0.51 315.39 17.24
2017/18 nr 17.24 330.80 86.09 434.13 89.65 0.59 326.36 18.12
2018/19 nr 18.12 332.78 88.71 439.61 94.18 0.67 328.83 16.60
2019/20 nr 16.60 344.52 89.22 450.35 94.00 0.72 342.28 14.07
2020/21 nr 14.07 352.62 88.24 454.93 92.51 0.75 350.77 11.65

Major Vegetable Oils


2007/08 14.76 14.53 129.99 50.00 194.52 54.44 99.58 125.16 14.92
2008/09 15.64 14.92 135.22 53.67 203.81 56.65 103.33 131.29 15.87
2009/10 16.49 15.87 142.50 55.68 214.05 58.85 107.87 138.56 16.64
2010/11 17.50 16.64 149.08 57.07 222.79 60.81 109.89 142.55 19.43
2011/12 18.50 19.43 158.10 61.90 239.43 64.80 115.81 151.62 23.01
2012/13 19.19 23.01 161.33 65.42 249.75 68.35 120.74 158.24 23.17
2013/14 20.11 23.17 171.61 67.31 262.08 70.22 125.64 166.49 25.38
2014/15 20.87 25.38 177.03 71.21 273.62 76.57 131.00 170.55 26.50
2015/16 21.92 26.50 176.34 70.94 273.78 73.85 135.27 177.47 22.46
2016/17 22.59 22.46 188.59 75.84 286.89 81.33 139.65 183.38 22.18
2017/18 23.34 22.18 198.37 75.76 296.30 80.15 144.18 192.58 23.57
2018/19 23.85 23.57 203.62 81.66 308.85 86.17 147.57 199.66 23.02
2019/20 24.42 23.02 207.33 82.50 312.85 86.30 150.74 202.77 23.78
2020/21 24.78 23.78 209.58 83.04 316.40 86.72 154.84 208.02 21.66

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 24 February 2021


Global Market Analysis
Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area Beginning Production Imports Total Exports Crush Domestic Ending


Harvested Stocks Supply Consumpti Stocks

Oilseed, Soybean
2007/08 91.10 64.82 219.23 78.62 362.67 78.70 202.58 229.61 54.36
2008/09 96.57 54.36 212.23 77.87 344.46 76.71 194.82 222.41 45.34
2009/10 102.75 45.34 260.97 87.51 393.82 92.06 210.48 239.16 62.60
2010/11 103.63 62.60 264.73 89.75 417.08 91.58 222.19 252.51 72.99
2011/12 103.15 72.99 240.83 94.66 408.48 91.77 229.19 259.26 57.45
2012/13 110.29 57.45 268.96 97.20 423.61 100.38 231.87 265.15 58.07
2013/14 112.91 58.07 282.70 113.31 454.07 112.78 242.96 277.89 63.41
2014/15 118.74 63.41 320.49 124.41 508.31 126.43 264.75 303.68 78.20
2015/16 120.45 78.20 315.46 133.95 527.60 132.78 275.51 316.47 78.36
2016/17 119.56 78.36 349.77 144.78 572.91 147.52 287.80 331.27 94.12
2017/18 124.27 94.12 342.93 153.67 590.72 153.16 294.92 338.57 98.99
2018/19 124.96 98.99 361.04 145.77 605.80 148.83 298.36 344.10 112.88
2019/20 122.44 112.88 336.46 165.43 614.77 165.17 309.30 354.75 94.85
2020/21 127.46 94.85 361.08 166.96 622.89 169.69 321.98 369.84 83.36

Meal, Soybean
2007/08 nr 7.43 158.96 54.88 221.27 56.50 202.60 156.99 7.77
2008/09 nr 7.77 153.05 51.59 212.41 53.27 194.90 153.83 5.31
2009/10 nr 5.31 165.78 53.48 224.58 55.94 210.56 161.71 6.93
2010/11 nr 6.93 175.00 56.85 238.78 58.89 222.28 170.56 9.34
2011/12 nr 9.34 180.94 57.01 247.30 58.71 229.30 177.87 10.72
2012/13 nr 10.72 182.30 54.44 247.45 58.47 232.10 179.05 9.93
2013/14 nr 9.93 190.53 58.20 258.65 60.87 243.21 186.69 11.10
2014/15 nr 11.10 208.41 60.91 280.42 64.66 264.94 201.65 14.10
2015/16 nr 14.10 216.21 62.66 292.97 65.89 275.70 213.26 13.81
2016/17 nr 13.81 225.82 61.01 300.65 65.00 288.05 221.66 13.99
2017/18 nr 13.99 232.33 62.41 308.73 65.33 295.22 228.89 14.52
2018/19 nr 14.52 233.68 62.82 311.02 67.73 298.58 230.03 13.25
2019/20 nr 13.25 242.92 62.73 318.91 67.08 309.52 240.95 10.88
2020/21 nr 10.88 252.92 62.87 326.67 66.51 322.50 251.03 9.13

Oil, Soybean
2007/08 nr 4.05 37.78 10.30 52.13 10.88 202.58 37.28 3.97
2008/09 nr 3.97 36.16 9.01 49.14 9.22 194.82 36.32 3.60
2009/10 nr 3.60 38.97 8.49 51.06 9.23 210.48 38.14 3.70
2010/11 nr 3.70 41.47 9.38 54.56 9.68 222.19 40.43 4.44
2011/12 nr 4.44 42.83 8.01 55.29 8.54 229.19 42.45 4.30
2012/13 nr 4.30 43.36 8.52 56.18 9.38 231.97 42.56 4.25
2013/14 nr 4.25 45.26 9.28 58.79 9.44 243.05 45.42 3.93
2014/15 nr 3.93 49.28 10.05 63.26 11.15 264.75 47.65 4.46
2015/16 nr 4.46 51.62 11.74 67.82 11.80 275.51 52.10 3.92
2016/17 nr 3.92 53.81 10.98 68.71 11.33 287.80 53.43 3.96
2017/18 nr 3.96 55.15 9.83 68.94 10.56 294.92 54.48 3.90
2018/19 nr 3.90 55.82 10.63 70.35 11.17 298.36 55.12 4.06
2019/20 nr 4.06 57.87 11.24 73.16 11.95 309.30 56.67 4.55
2020/21 nr 4.55 60.30 11.44 76.29 12.12 321.98 59.59 4.58

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

Foreign Agricultural Service/USDA 25 February 2021


Global Market Analysis
Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area Beginning Production Imports Total Exports Food Use Domestic Ending
Harvested Stocks Supply Dom. Consumpti Stocks

Oilseed, Rapeseed
2007/08 29.15 5.20 49.15 7.57 61.91 8.18 0.35 49.20 4.53
2008/09 31.20 4.53 58.17 12.15 74.84 12.20 0.40 54.99 7.66
2009/10 30.65 7.66 60.79 10.81 79.26 10.90 0.42 59.66 8.70
2010/11 33.58 8.70 60.52 10.18 79.40 10.93 0.45 59.79 8.68
2011/12 33.30 8.68 61.23 13.24 83.15 12.99 0.45 63.34 6.83
2012/13 35.79 6.83 63.31 12.83 82.97 12.57 0.47 64.89 5.50
2013/14 35.70 5.50 70.63 15.55 91.68 15.10 0.49 68.82 7.76
2014/15 35.03 7.76 70.42 14.31 92.50 15.11 0.55 70.11 7.29
2015/16 33.30 7.29 68.74 14.11 90.13 14.38 0.65 69.50 6.24
2016/17 33.42 6.24 69.49 15.50 91.23 15.84 0.65 70.26 5.13
2017/18 36.54 5.13 75.15 15.33 95.61 16.23 0.65 71.28 8.11
2018/19 36.81 8.11 72.99 14.33 95.42 14.31 0.65 71.46 9.65
2019/20 34.88 9.65 69.22 15.55 94.41 15.53 0.65 71.63 7.25
2020/21 34.72 7.25 68.93 16.12 92.30 16.23 0.65 70.93 5.14

Meal, Rapeseed
2007/08 nr 0.75 27.22 3.88 31.85 3.93 0.00 27.27 0.64
2008/09 nr 0.64 30.36 3.77 34.78 3.75 0.00 30.22 0.80
2009/10 nr 0.80 32.90 3.88 37.59 3.63 0.00 32.71 1.25
2010/11 nr 1.25 33.39 5.33 39.97 5.28 0.00 33.64 1.06
2011/12 nr 1.06 34.92 5.56 41.54 5.56 0.00 34.88 1.10
2012/13 nr 1.10 35.97 5.62 42.69 5.70 0.00 36.00 0.99
2013/14 nr 0.99 38.32 6.50 45.81 6.36 0.00 38.52 0.94
2014/15 nr 0.94 38.72 6.01 45.66 6.07 0.00 38.59 1.00
2015/16 nr 1.00 38.56 5.71 45.26 5.69 0.00 38.45 1.11
2016/17 nr 1.11 38.79 5.90 45.80 6.04 0.00 38.72 1.04
2017/18 nr 1.04 39.37 6.25 46.65 6.40 0.00 39.19 1.05
2018/19 nr 1.05 39.15 6.88 47.08 6.85 0.00 39.15 1.09
2019/20 nr 1.09 39.53 7.51 48.13 7.42 0.00 39.70 1.00
2020/21 nr 1.00 39.33 7.20 47.53 7.23 0.00 39.39 0.91

Oil, Rapeseed
2007/08 nr 0.81 18.96 2.05 21.82 1.91 13.53 18.81 1.10
2008/09 nr 1.10 21.35 2.48 24.92 2.47 14.42 21.00 1.46
2009/10 nr 1.46 23.24 2.96 27.66 2.75 15.25 22.77 2.14
2010/11 nr 2.14 23.42 3.38 28.93 3.43 15.67 23.22 2.28
2011/12 nr 2.28 24.73 4.08 31.09 3.98 16.43 23.80 3.30
2012/13 nr 3.30 25.41 3.94 32.65 3.95 16.49 23.75 4.94
2013/14 nr 4.94 27.03 3.81 35.79 3.83 17.77 25.68 6.27
2014/15 nr 6.27 27.43 3.95 37.65 4.07 18.77 26.94 6.65
2015/16 nr 6.65 27.32 4.12 38.09 4.17 19.89 28.26 5.66
2016/17 nr 5.66 27.54 4.39 37.59 4.50 20.33 28.90 4.20
2017/18 nr 4.20 27.93 4.51 36.63 4.61 20.26 28.86 3.16
2018/19 nr 3.16 27.71 4.87 35.73 4.96 20.00 28.08 2.70
2019/20 nr 2.70 28.02 5.57 36.29 5.64 19.97 28.06 2.59
2020/21 nr 2.59 27.83 5.36 35.78 5.60 19.64 27.60 2.58

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 26 February 2021


Global Market Analysis
Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area Beginning Production Imports Exports Domestic Ending


Harvested Stocks Consumpti Stocks

Oilseed, Sunflowerseed
2007/08 21.43 4.02 27.62 1.29 1.46 27.75 3.72
2008/09 23.89 3.72 33.12 1.92 2.15 32.76 3.85
2009/10 22.97 3.85 31.59 1.56 1.55 32.86 2.60
2010/11 23.08 2.60 32.76 1.62 1.78 32.93 2.26
2011/12 24.64 2.26 38.71 1.70 1.93 38.21 2.54
2012/13 23.59 2.54 34.94 1.35 1.46 34.58 2.78
2013/14 24.01 2.78 41.53 1.63 2.01 40.66 3.27
2014/15 23.10 3.27 39.24 1.56 1.67 39.47 2.92
2015/16 23.49 2.92 40.70 1.98 2.13 40.69 2.78
2016/17 25.97 2.78 48.33 2.26 2.62 47.35 3.41
2017/18 25.96 3.41 47.93 2.24 2.68 48.21 2.68
2018/19 25.82 2.68 50.63 2.61 3.16 50.36 2.40
2019/20 26.34 2.40 54.89 3.27 3.58 54.53 2.46
2020/21 26.84 2.46 50.14 2.60 2.84 50.52 1.84

Meal, Sunflowerseed
2007/08 nr 0.24 11.26 2.96 3.31 10.84 0.30
2008/09 nr 0.30 13.08 4.20 4.30 12.47 0.81
2009/10 nr 0.81 13.42 3.69 4.09 12.83 1.00
2010/11 nr 1.00 13.31 4.06 4.57 12.72 1.07
2011/12 nr 1.07 15.60 6.42 6.80 14.60 1.70
2012/13 nr 1.70 14.14 4.92 5.13 14.83 0.79
2013/14 nr 0.79 16.81 5.77 6.23 15.75 1.39
2014/15 nr 1.39 16.14 5.53 5.87 15.68 1.49
2015/16 nr 1.49 16.53 5.97 6.24 16.33 1.42
2016/17 nr 1.42 19.40 6.88 7.44 19.01 1.25
2017/18 nr 1.25 19.96 6.56 6.99 19.42 1.36
2018/19 nr 1.36 20.83 7.79 8.02 20.67 1.28
2019/20 nr 1.28 22.24 8.23 8.65 21.90 1.21
2020/21 nr 1.21 20.93 7.09 7.42 21.21 0.60

Oil, Sunflowerseed
2007/08 nr 1.21 10.26 2.78 3.53 9.52 1.20
2008/09 nr 1.20 11.89 4.18 4.55 10.78 1.94
2009/10 nr 1.94 12.12 3.84 4.50 11.48 1.92
2010/11 nr 1.92 12.08 3.72 4.54 11.33 1.85
2011/12 nr 1.85 14.35 5.88 6.48 12.54 3.05
2012/13 nr 3.05 12.85 5.09 5.55 13.17 2.28
2013/14 nr 2.28 15.62 7.05 7.78 14.21 2.95
2014/15 nr 2.95 14.94 6.32 7.41 14.24 2.55
2015/16 nr 2.55 15.40 7.18 8.17 15.06 1.89
2016/17 nr 1.89 18.21 9.01 10.52 16.34 2.25
2017/18 nr 2.25 18.52 8.91 10.02 17.40 2.26
2018/19 nr 2.26 19.49 9.42 11.25 18.10 1.82
2019/20 nr 1.82 21.50 11.55 13.24 19.67 1.97
2020/21 nr 1.97 19.47 9.76 10.87 19.24 1.09

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

Foreign Agricultural Service/USDA 27 February 2021


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

Million Metric Tons

Beginning Production Imports Total Exports Industrial Food Use Domestic Ending
Stocks Supply Dom. Dom. Consumpti Stocks

Oil, Palm
2007/08 5.99 41.46 29.83 77.27 32.49 8.85 29.41 38.83 5.95
2008/09 5.95 44.51 33.02 83.48 35.00 9.63 32.02 42.30 6.18
2009/10 6.18 46.39 34.56 87.13 36.33 10.06 33.84 44.50 6.30
2010/11 6.30 49.18 35.35 90.83 37.34 10.73 34.20 45.50 7.99
2011/12 7.99 52.52 38.45 98.96 39.86 12.47 36.70 49.81 9.30
2012/13 9.30 56.42 42.05 107.77 43.07 14.65 40.03 55.33 9.38
2013/14 9.38 59.27 41.91 110.55 43.18 16.21 40.91 57.75 9.63
2014/15 9.63 61.84 44.77 116.24 47.39 14.30 43.14 58.07 10.77
2015/16 10.77 58.85 42.55 112.17 43.88 16.15 42.61 59.40 8.89
2016/17 8.89 65.26 46.19 120.35 48.89 16.37 44.61 61.65 9.81
2017/18 9.81 70.55 46.65 127.00 48.66 19.61 46.70 67.00 11.34
2018/19 11.34 74.15 50.50 135.99 51.77 22.70 49.21 72.61 11.60
2019/20 11.60 73.30 47.75 132.65 48.43 23.13 48.28 72.13 12.09
2020/21 12.09 75.46 49.93 137.49 51.34 23.70 50.75 75.16 10.99

Oil, Coconut
2007/08 0.49 3.41 1.91 5.81 1.93 1.52 1.78 3.33 0.55
2008/09 0.55 3.37 1.67 5.60 1.48 1.57 1.66 3.26 0.86
2009/10 0.86 3.49 2.30 6.65 2.07 1.71 2.08 3.83 0.75
2010/11 0.75 3.61 1.78 6.14 1.80 1.67 1.86 3.57 0.77
2011/12 0.77 3.41 1.83 6.01 1.86 1.55 1.92 3.51 0.64
2012/13 0.64 3.63 1.89 6.16 1.93 1.70 1.99 3.72 0.52
2013/14 0.52 3.40 1.74 5.65 1.91 1.56 1.74 3.33 0.40
2014/15 0.40 3.38 1.82 5.61 1.94 1.51 1.74 3.29 0.38
2015/16 0.38 3.34 1.58 5.30 1.58 1.54 1.67 3.23 0.49
2016/17 0.49 3.41 1.49 5.39 1.76 1.61 1.57 3.21 0.42
2017/18 0.42 3.67 1.70 5.78 1.73 1.70 1.69 3.42 0.63
2018/19 0.63 3.76 1.82 6.21 2.11 1.77 1.74 3.55 0.55
2019/20 0.55 3.60 1.79 5.94 1.91 1.72 1.79 3.55 0.49
2020/21 0.49 3.57 1.87 5.92 1.88 1.79 1.83 3.65 0.39

Meal, Fish
2007/08 0.97 5.14 3.17 9.27 2.94 0.05 0.00 5.50 0.83
2008/09 0.83 5.20 3.26 9.29 3.08 0.05 0.00 5.51 0.71
2009/10 0.71 4.24 2.76 7.71 2.41 0.05 0.00 5.03 0.28
2010/11 0.28 5.55 2.77 8.60 2.69 0.05 0.00 5.22 0.69
2011/12 0.69 4.71 3.05 8.44 2.80 0.05 0.00 5.36 0.28
2012/13 0.28 4.84 2.47 7.59 2.32 0.05 0.00 4.81 0.46
2013/14 0.46 4.45 2.73 7.64 2.47 0.05 0.00 4.94 0.23
2014/15 0.23 4.69 2.51 7.42 2.28 0.05 0.00 4.87 0.27
2015/16 0.27 4.51 2.44 7.22 2.21 0.05 0.00 4.73 0.27
2016/17 0.27 4.87 3.02 8.17 2.53 0.05 0.00 5.38 0.26
2017/18 0.26 4.76 2.99 8.01 2.58 0.05 0.00 5.17 0.26
2018/19 0.26 4.76 3.02 8.04 2.56 0.05 0.00 5.21 0.27
2019/20 0.27 4.63 2.94 7.83 2.45 0.05 0.00 5.16 0.22
2020/21 0.22 4.87 3.06 8.15 2.68 0.05 0.00 5.28 0.20

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA 28 February 2021


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

Thousand Metric Tons

Area Beginning Production Imports Total Exports Crush Domestic Ending


Harvested Stocks Supply Consumpti Stocks

Major Oilseeds
2007/08 31,970 17,023 82,453 1,265 100,741 33,045 53,495 60,787 6,909
2008/09 35,265 6,909 89,201 1,295 97,405 35,694 49,342 56,091 5,620
2009/10 35,511 5,620 98,951 1,066 105,637 41,691 51,483 58,402 5,544
2010/11 37,179 5,544 100,432 945 106,921 41,938 49,323 57,664 7,319
2011/12 35,131 7,319 92,442 1,285 101,046 37,813 50,316 57,621 5,612
2012/13 36,676 5,612 93,323 1,605 100,540 37,156 50,250 57,621 5,763
2013/14 35,428 5,763 98,986 3,067 107,816 45,569 51,455 58,294 3,953
2014/15 38,991 3,953 116,050 1,851 121,854 51,109 55,108 63,989 6,756
2015/16 38,403 6,756 115,891 1,130 123,777 53,968 55,055 62,941 6,868
2016/17 39,247 6,868 126,942 1,502 135,312 60,084 56,257 65,627 9,601
2017/18 42,801 9,601 131,483 1,419 142,503 59,315 60,168 69,361 13,827
2018/19 41,328 13,827 130,716 1,116 145,659 48,816 61,033 70,303 26,540
2019/20 36,872 26,540 106,980 1,218 134,738 47,042 63,036 71,738 15,958
2020/21 38,890 15,958 122,421 1,733 140,112 62,349 64,312 72,978 4,785

Major Protein Meals


2007/08 nr 385 40,786 1,992 43,163 8,706 53,495 34,123 334
2008/09 nr 334 37,631 1,817 39,782 7,940 49,342 31,596 246
2009/10 nr 246 39,992 1,344 41,582 10,308 51,483 30,933 341
2010/11 nr 341 38,032 2,241 40,614 8,488 49,323 31,748 378
2011/12 nr 378 39,450 3,032 42,860 9,170 50,316 33,354 336
2012/13 nr 336 38,593 3,393 42,322 10,460 50,250 31,548 314
2013/14 nr 314 39,291 3,798 43,403 10,803 51,455 32,308 292
2014/15 nr 292 43,210 3,873 47,375 12,144 55,108 34,941 290
2015/16 nr 290 42,777 4,070 47,137 11,178 55,055 35,684 275
2016/17 nr 275 43,112 3,920 47,307 10,826 56,257 36,073 408
2017/18 nr 408 47,027 3,736 51,171 13,005 60,168 37,603 563
2018/19 nr 563 46,522 3,935 51,020 12,497 61,033 38,101 422
2019/20 nr 422 48,764 4,121 53,307 13,046 63,036 39,875 386
2020/21 nr 386 49,688 4,034 54,108 13,187 64,312 40,511 410

Major Vegetable Oils


2007/08 0 1,741 10,544 3,109 15,394 1,679 53,495 12,251 1,464
2008/09 0 1,464 9,667 3,230 14,361 1,457 49,342 11,167 1,737
2009/10 0 1,737 10,058 3,338 15,133 1,948 51,483 11,194 1,991
2010/11 0 1,991 9,775 3,612 15,378 1,861 49,323 11,794 1,723
2011/12 0 1,723 10,032 3,831 15,586 1,146 50,316 12,873 1,567
2012/13 0 1,567 10,231 3,801 15,599 1,387 50,250 13,068 1,144
2013/14 0 1,144 10,425 4,016 15,585 1,116 51,455 13,498 971
2014/15 0 971 10,938 4,230 16,139 1,174 55,108 13,679 1,286
2015/16 0 1,286 11,210 4,527 17,023 1,248 55,055 14,573 1,202
2016/17 0 1,202 11,434 4,731 17,367 1,416 56,257 14,720 1,231
2017/18 0 1,231 12,109 4,783 18,123 1,342 60,168 15,542 1,239
2018/19 0 1,239 12,196 4,701 18,136 1,092 61,033 15,884 1,160
2019/20 0 1,160 12,635 4,927 18,722 1,505 63,036 16,012 1,205
2020/21 0 1,205 13,042 4,825 19,072 1,462 64,312 16,445 1,165

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA 29 February 2021


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

Thousand Metric Tons

Area Beginning Production Imports Total Exports Crush Domestic Ending


Harvested Stocks Supply Consumpti Stocks

Oilseed, Soybean
2007/08 25,959 15,617 72,859 269 88,745 31,538 49,081 51,627 5,580
2008/09 30,222 5,580 80,749 361 86,690 34,817 45,230 48,112 3,761
2009/10 30,907 3,761 91,470 397 95,628 40,798 47,673 50,724 4,106
2010/11 31,003 4,106 90,663 393 95,162 40,959 44,851 48,351 5,852
2011/12 29,856 5,852 84,291 439 90,582 37,186 46,348 48,786 4,610
2012/13 30,814 4,610 82,791 1,103 88,504 36,129 45,967 48,550 3,825
2013/14 30,850 3,825 91,363 1,953 97,141 44,594 47,192 50,043 2,504
2014/15 33,431 2,504 106,905 904 110,313 50,136 50,975 54,989 5,188
2015/16 33,080 5,188 106,869 641 112,698 52,869 51,335 54,475 5,354
2016/17 33,470 5,354 116,931 606 122,891 58,964 51,742 55,719 8,208
2017/18 36,236 8,208 120,065 594 128,867 58,071 55,926 58,873 11,923
2018/19 35,448 11,923 120,515 383 132,821 47,676 56,935 60,405 24,740
2019/20 30,327 24,740 96,667 419 121,826 45,777 58,910 61,773 14,276
2020/21 33,313 14,276 112,549 953 127,778 61,235 59,874 63,289 3,254

Meal, Soybean
2007/08 nr 311 38,359 128 38,798 8,384 49,081 30,147 267
2008/09 nr 267 35,473 80 35,820 7,708 45,230 27,899 213
2009/10 nr 213 37,836 145 38,194 10,125 47,673 27,795 274
2010/11 nr 274 35,608 163 36,045 8,238 44,851 27,489 318
2011/12 nr 318 37,217 196 37,731 8,845 46,348 28,614 272
2012/13 nr 272 36,174 222 36,668 10,111 45,967 26,308 249
2013/14 nr 249 36,909 347 37,505 10,504 47,192 26,774 227
2014/15 nr 227 40,880 302 41,409 11,891 50,975 29,282 236
2015/16 nr 236 40,525 358 41,119 10,843 51,335 30,037 239
2016/17 nr 239 40,630 313 41,182 10,505 51,742 30,314 363
2017/18 nr 363 44,657 438 45,458 12,717 55,926 32,237 504
2018/19 nr 504 44,283 620 45,407 12,191 56,935 32,851 365
2019/20 nr 365 46,358 580 47,303 12,770 58,910 34,223 310
2020/21 nr 310 47,136 544 47,990 12,927 59,874 34,745 318

Oil, Soybean
2007/08 nr 1,399 9,335 30 10,764 1,320 49,081 8,317 1,127
2008/09 nr 1,127 8,503 41 9,671 995 45,230 7,378 1,298
2009/10 nr 1,298 8,897 47 10,242 1,524 47,673 7,173 1,545
2010/11 nr 1,545 8,568 72 10,185 1,466 44,851 7,506 1,213
2011/12 nr 1,213 8,954 68 10,235 664 46,348 8,396 1,175
2012/13 nr 1,175 8,990 89 10,254 981 45,967 8,522 751
2013/14 nr 751 9,131 75 9,957 852 47,192 8,577 528
2014/15 nr 528 9,706 120 10,354 914 50,975 8,599 841
2015/16 nr 841 9,956 130 10,927 1,017 51,335 9,145 765
2016/17 nr 765 10,035 145 10,945 1,159 51,742 9,010 776
2017/18 nr 776 10,783 152 11,711 1,108 55,926 9,698 905
2018/19 nr 905 10,976 180 12,061 880 56,935 10,376 805
2019/20 nr 805 11,300 145 12,250 1,288 58,910 10,124 838
2020/21 nr 838 11,596 159 12,593 1,247 59,874 10,569 777

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 30 February 2021


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

Thousand Metric Tons

Area Beginning Production Imports Total Exports Crush Domestic Ending


Harvested Stocks Supply Consumpti Stocks

Oilseed, Soybean (Local)


2007/08 21,300 6,625 61,000 83 67,708 24,515 31,895 34,365 8,828
2008/09 21,700 8,828 57,800 124 66,752 28,041 30,779 33,129 5,582
2009/10 23,500 5,582 69,000 150 74,732 29,188 35,700 38,100 7,444
2010/11 24,200 7,444 75,300 40 82,784 33,789 37,264 39,714 9,281
2011/12 25,000 9,281 66,500 298 76,079 31,905 36,230 38,730 5,444
2012/13 27,700 5,444 82,000 240 87,684 42,826 36,432 38,982 5,876
2013/14 30,100 5,876 86,200 579 92,655 45,747 38,195 40,795 6,113
2014/15 32,100 6,113 97,100 329 103,542 54,635 40,339 42,989 5,918
2015/16 33,300 5,918 95,700 362 101,980 52,099 39,967 42,617 7,264
2016/17 33,900 7,264 114,900 267 122,431 68,806 42,161 44,811 8,814
2017/18 35,150 8,814 123,400 185 132,399 83,728 43,389 46,039 2,632
2018/19 35,900 2,632 119,700 145 122,477 73,436 43,510 46,160 2,881
2019/20 36,900 2,881 126,000 884 129,765 81,621 44,000 46,600 1,544
2020/21 38,600 1,544 133,000 250 134,794 85,100 45,500 48,100 1,594

Meal, Soybean (Local)


2007/08 nr 2,283 24,720 143 27,146 12,709 31,895 12,300 2,137
2008/09 nr 2,137 23,850 86 26,073 12,153 30,779 12,800 1,120
2009/10 nr 1,120 27,670 72 28,862 14,147 35,700 13,187 1,528
2010/11 nr 1,528 28,880 51 30,459 14,452 37,264 13,400 2,607
2011/12 nr 2,607 28,080 15 30,702 13,854 36,230 14,000 2,848
2012/13 nr 2,848 28,230 30 31,108 13,619 36,432 14,800 2,689
2013/14 nr 2,689 29,560 27 32,276 13,721 38,195 15,300 3,255
2014/15 nr 3,255 31,220 16 34,491 15,106 40,339 15,900 3,485
2015/16 nr 3,485 30,930 27 34,442 14,651 39,967 16,700 3,091
2016/17 nr 3,091 32,680 38 35,809 13,915 42,161 17,100 4,794
2017/18 nr 4,794 33,620 12 38,426 16,780 43,389 17,500 4,146
2018/19 nr 4,146 33,640 22 37,808 16,462 43,510 17,864 3,482
2019/20 nr 3,482 34,100 12 37,594 16,965 44,000 18,000 2,629
2020/21 nr 2,629 35,275 15 37,919 16,700 45,500 18,590 2,629

Oil, Soybean (Local)


2007/08 nr 358 6,120 9 6,487 2,198 31,895 4,005 284
2008/09 nr 284 5,910 41 6,235 1,496 30,779 4,395 344
2009/10 nr 344 6,850 2 7,196 1,632 35,700 5,060 504
2010/11 nr 504 7,150 0 7,654 1,758 37,264 5,305 591
2011/12 nr 591 6,950 2 7,543 1,688 36,230 5,395 460
2012/13 nr 460 6,990 4 7,454 1,410 36,432 5,528 516
2013/14 nr 516 7,330 0 7,846 1,326 38,195 5,955 565
2014/15 nr 565 7,740 32 8,337 1,650 40,339 6,220 467
2015/16 nr 467 7,670 74 8,211 1,250 39,967 6,490 471
2016/17 nr 471 8,090 51 8,612 1,323 42,161 6,887 402
2017/18 nr 402 8,325 41 8,768 1,409 43,389 6,990 369
2018/19 nr 369 8,330 35 8,734 1,008 43,510 7,226 500
2019/20 nr 500 8,450 240 9,190 1,097 44,000 7,575 518
2020/21 nr 518 8,750 50 9,318 1,150 45,500 7,700 468

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 31 February 2021


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

Thousand Metric Tons

Area Beginning Production Imports Total Exports Crush Domestic Ending


Harvested Stocks Supply Consumpti Stocks

Oilseed, Soybean (Local)


2007/08 16,371 2,078 46,200 2,947 51,225 11,803 31,883 33,608 5,814
2008/09 16,000 5,814 32,000 157 37,971 3,486 28,555 30,405 4,080
2009/10 18,600 4,080 54,500 0 58,580 13,701 39,196 41,496 3,383
2010/11 18,300 3,383 49,000 13 52,396 10,389 37,521 39,901 2,106
2011/12 17,577 2,106 40,100 2 42,208 6,098 30,681 33,431 2,679
2012/13 19,750 2,679 49,300 2 51,981 7,817 35,009 40,009 4,155
2013/14 19,250 4,155 53,400 2 57,557 7,434 38,503 43,503 6,620
2014/15 19,350 6,620 61,450 141 68,211 11,670 45,110 50,360 6,181
2015/16 19,350 6,181 58,800 1,304 66,285 9,046 43,042 49,242 7,997
2016/17 17,335 7,997 55,000 2,631 65,628 7,247 40,940 47,440 10,941
2017/18 16,300 10,941 37,800 7,256 55,997 3,841 36,359 43,056 9,100
2018/19 16,600 9,100 55,300 3,789 68,189 10,255 41,188 48,084 9,850
2019/20 16,700 9,850 48,800 4,850 63,500 6,670 36,850 44,020 12,810
2020/21 16,700 12,810 48,000 4,500 65,310 7,000 39,000 46,310 12,000

Meal, Soybean (Local)


2007/08 nr 734 24,839 3 25,576 24,389 31,883 652 535
2008/09 nr 535 22,519 4 23,058 21,303 28,555 750 1,005
2009/10 nr 1,005 30,493 0 31,498 28,384 39,196 850 2,264
2010/11 nr 2,264 29,181 0 31,445 27,485 37,521 1,085 2,875
2011/12 nr 2,875 23,946 0 26,821 21,973 30,681 1,550 3,298
2012/13 nr 3,298 27,150 0 30,448 23,937 35,009 1,950 4,561
2013/14 nr 4,561 29,528 0 34,089 27,473 38,503 2,200 4,416
2014/15 nr 4,416 34,737 1 39,154 31,873 45,110 2,524 4,757
2015/16 nr 4,757 33,152 0 37,909 30,981 43,042 2,759 4,169
2016/17 nr 4,169 31,550 0 35,719 29,255 40,940 2,930 3,534
2017/18 nr 3,534 28,020 1 31,555 25,849 36,359 3,086 2,620
2018/19 nr 2,620 31,730 27 34,377 29,282 41,188 3,175 1,920
2019/20 nr 1,920 28,385 0 30,305 25,575 36,850 3,250 1,480
2020/21 nr 1,480 30,050 0 31,530 26,700 39,000 3,350 1,480

Oil, Soybean (Local)


2007/08 nr 212 6,037 0 6,249 4,987 31,883 1,125 137
2008/09 nr 137 5,448 0 5,585 3,709 28,555 1,716 160
2009/10 nr 160 7,460 0 7,620 5,180 39,196 2,215 225
2010/11 nr 225 7,148 0 7,373 4,227 37,521 2,755 391
2011/12 nr 391 5,840 35 6,266 3,433 30,681 2,550 283
2012/13 nr 283 6,616 59 6,958 4,281 35,009 2,375 302
2013/14 nr 302 7,191 26 7,519 4,296 38,503 2,843 380
2014/15 nr 380 8,753 5 9,138 6,312 45,110 2,308 518
2015/16 nr 518 8,382 0 8,900 5,386 43,042 3,055 459
2016/17 nr 459 7,925 0 8,384 4,721 40,940 3,290 373
2017/18 nr 373 7,150 0 7,523 4,567 36,359 2,610 346
2018/19 nr 346 8,000 0 8,346 5,106 41,188 2,625 615
2019/20 nr 615 7,300 0 7,915 5,700 36,850 2,000 215
2020/21 nr 215 7,720 0 7,935 5,750 39,000 2,015 170

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 32 February 2021


Global Market Analysis
Table 24: South East Asia Oilseeds and Products Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Copra 4,251 4,626 4,656 4,552 4,465 4,465
Oilseed, Palm Kernel 15,058 16,274 16,954 16,916 17,390 17,390
Oilseed, Soybean 879 835 802 750 740 740
Other 3,850 3,871 3,800 3,562 3,732 3,732
Total 24,038 25,606 26,212 25,780 26,327 26,327
none
Domestic Consumption none
Meal, Fish 881 882 914 925 937 937
Meal, Rapeseed 387 485 634 493 570 470
Meal, Soybean 18,685 19,632 19,739 20,662 20,830 20,830
Other 3,366 3,531 3,726 3,938 3,976 3,976
Total 23,319 24,530 25,013 26,018 26,313 26,213
none
SME none
Meal, Fish 1,275 1,274 1,321 1,337 1,354 1,354
Meal, Rapeseed 275 345 451 351 406 334
Meal, Soybean 18,595 19,522 19,619 20,542 20,710 20,710
Other 1,720 1,785 1,851 1,931 1,955 1,955
Total 21,865 22,927 23,242 24,161 24,424 24,353
none
Imports none
Meal, Fish 310 332 328 340 350 350
Meal, Rapeseed 359 517 629 478 570 470
Meal, Soybean 16,095 17,169 16,692 17,364 17,330 17,330
Other 750 750 941 938 1,009 1,009
Total 17,514 18,768 18,590 19,120 19,259 19,159
none
Industrial Dom. Cons. none
Oil, Palm 6,801 9,705 12,139 12,688 13,040 13,040
Oil, Rapeseed 0 0 0 0 0 0
Oil, Soybean 46 49 54 59 59 59
Oil, Sunflowerseed 0 0 0 0 0 0
Other 4,291 4,712 4,958 4,839 5,046 5,066
Total 11,138 14,466 17,151 17,586 18,145 18,165
none
Food Use Dom. Cons. none
Oil, Palm 9,790 10,234 10,622 11,037 11,388 11,388
Oil, Rapeseed 31 18 14 16 13 15
Oil, Soybean 672 606 680 771 839 839
Oil, Sunflowerseed 131 146 156 151 156 156
Other 1,491 1,568 1,626 1,666 1,711 1,711
Total 12,115 12,572 13,098 13,641 14,107 14,109
none
Domestic Consumption none
Oil, Palm 16,954 20,322 23,143 24,125 24,825 24,825
Oil, Rapeseed 31 18 14 16 13 15
Oil, Soybean 718 655 734 830 898 898
Oil, Sunflowerseed 131 146 156 151 156 156
Other 5,792 6,290 6,594 6,515 6,767 6,787
Total 23,626 27,431 30,641 31,637 32,659 32,681
none
Imports none
Oil, Palm 3,732 3,671 4,276 3,942 4,307 4,307
Oil, Rapeseed 12 13 13 15 12 14
Oil, Soybean 272 246 242 270 277 277
Oil, Sunflowerseed 0 15 25 20 25 25
Other 503 643 671 709 696 701
Total 4,519 4,588 5,227 4,956 5,317 5,324

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 33 February 2021


Global Market Analysis
Table 25: Middle East Oilseeds and Products Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Cottonseed 1,228 1,447 1,376 1,278 1,099 1,099
Oilseed, Rapeseed 263 200 228 228 235 235
Oilseed, Soybean 241 292 257 277 281 281
Oilseed, Sunflowerseed 1,370 1,605 1,847 1,798 1,612 1,612
Other 164 165 154 150 155 155
Total 3,266 3,709 3,862 3,731 3,382 3,382
none
Domestic Consumption none
Meal, Fish 125 125 175 145 170 170
Meal, Rapeseed 790 715 525 546 558 571
Meal, Soybean 8,057 8,511 9,051 9,242 9,332 9,387
Other 3,265 3,715 3,938 3,926 4,085 4,048
Total 12,237 13,066 13,689 13,859 14,145 14,176
none
SME none
Meal, Fish 181 181 253 210 246 246
Meal, Rapeseed 562 509 374 388 397 406
Meal, Soybean 8,055 8,509 9,050 9,240 9,330 9,385
Other 2,182 2,431 2,579 2,574 2,648 2,623
Total 10,980 11,629 12,256 12,412 12,620 12,660
none
Imports none
Meal, Fish 124 128 178 150 175 175
Meal, Rapeseed 173 171 205 245 215 241
Meal, Soybean 5,380 5,182 6,182 5,572 5,530 5,600
Other 1,692 1,869 1,891 1,912 1,926 1,886
Total 7,369 7,350 8,456 7,879 7,846 7,902
none
Imports none
Oil, Palm 2,636 2,587 2,825 2,751 2,923 2,813
Oil, Rapeseed 50 54 54 59 50 59
Oil, Soybean 364 245 431 166 212 202
Oil, Sunflowerseed 2,346 2,020 2,203 2,577 1,895 2,090
Other 188 187 251 246 233 235
Total 5,584 5,093 5,764 5,799 5,313 5,399
none
Industrial Dom. Cons. none
Oil, Palm 180 180 160 160 160 160
Oil, Rapeseed 30 15 10 7 6 6
Oil, Soybean 125 137 127 121 133 125
Oil, Sunflowerseed 20 20 20 20 20 20
Other 51 56 85 78 72 72
Total 406 408 402 386 391 383
none
Food Use Dom. Cons. none
Oil, Palm 1,945 2,147 2,336 2,345 2,442 2,402
Oil, Rapeseed 250 197 181 186 193 193
Oil, Soybean 855 857 865 807 733 728
Oil, Sunflowerseed 2,346 2,522 2,752 2,809 2,748 2,917
Other 645 670 648 663 671 671
Total 6,041 6,393 6,782 6,810 6,787 6,911
none
Domestic Consumption none
Oil, Palm 2,125 2,327 2,496 2,505 2,602 2,562
Oil, Rapeseed 280 212 191 193 199 199
Oil, Soybean 1,035 1,054 1,052 983 931 913
Oil, Sunflowerseed 2,376 2,552 2,782 2,839 2,778 2,947
Other 707 737 749 753 753 753
Total 6,523 6,882 7,270 7,273 7,263 7,374

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 34 February 2021


Global Market Analysis
Table 26: European Union Oilseeds and Products Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Rapeseed 20,538 22,184 20,061 16,880 16,800 16,800
Oilseed, Soybean 2,410 2,539 2,667 2,615 2,700 2,700
Oilseed, Sunflowerseed 8,651 10,128 9,505 9,643 9,200 9,200
Other 417 486 546 640 537 537
Total 32,016 35,337 32,779 29,778 29,237 29,237
none
Domestic Consumption none
Meal, Fish 536 587 650 605 650 650
Meal, Rapeseed 13,725 13,600 13,325 13,200 12,900 12,800
Meal, Soybean 30,217 30,092 30,342 30,742 31,067 31,092
Other 9,908 10,389 10,212 9,472 9,409 9,409
Total 54,386 54,668 54,529 54,019 54,026 53,951
none
SME none
Meal, Fish 775 848 939 874 939 939
Meal, Rapeseed 9,765 9,676 9,481 9,392 9,178 9,107
Meal, Soybean 30,175 30,050 30,300 30,700 31,025 31,050
Other 5,795 6,022 5,919 5,551 5,454 5,454
Total 46,510 46,597 46,639 46,517 46,596 46,550
none
Imports none
Meal, Fish 193 269 310 275 320 320
Meal, Rapeseed 219 242 514 385 450 400
Meal, Soybean 18,793 18,367 18,757 17,617 18,050 18,050
Other 5,691 5,806 5,908 4,817 4,853 4,853
Total 24,896 24,684 25,489 23,094 23,673 23,623
none
Industrial Dom. Cons. none
Oil, Palm 3,700 3,800 3,960 3,900 3,900 3,900
Oil, Rapeseed 7,100 7,090 6,700 6,600 6,550 6,500
Oil, Soybean 850 870 1,050 1,070 1,110 1,110
Oil, Sunflowerseed 450 470 500 510 510 510
Other 525 565 575 552 585 585
Total 12,625 12,795 12,785 12,632 12,655 12,605
none
Food Use Dom. Cons. none
Oil, Palm 3,000 2,950 2,800 2,800 3,000 3,000
Oil, Rapeseed 2,950 2,960 2,960 2,900 2,900 2,900
Oil, Soybean 1,310 1,300 1,350 1,415 1,475 1,475
Oil, Sunflowerseed 4,050 4,300 4,550 4,750 4,640 4,640
Other 2,301 2,319 2,366 2,386 2,473 2,473
Total 13,611 13,829 14,026 14,251 14,488 14,488
none
Domestic Consumption none
Oil, Palm 6,900 6,950 6,960 6,900 7,100 7,100
Oil, Rapeseed 10,100 10,100 9,710 9,550 9,500 9,450
Oil, Soybean 2,215 2,225 2,455 2,540 2,640 2,640
Oil, Sunflowerseed 4,510 4,783 5,064 5,273 5,163 5,163
Other 2,841 2,899 2,954 2,951 3,068 3,068
Total 26,566 26,957 27,143 27,214 27,471 27,421
none
Imports none
Oil, Palm 7,217 7,079 7,349 7,500 6,700 6,800
Oil, Rapeseed 153 158 246 298 300 325
Oil, Soybean 285 284 416 485 415 415
Oil, Sunflowerseed 1,791 1,542 1,966 2,447 1,750 1,750
Other 1,419 1,611 1,558 1,624 1,676 1,726
Total 10,865 10,674 11,535 12,354 10,841 11,016

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 35 February 2021


Global Market Analysis
Table 27: China Oilseeds and Products Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Peanut 16,361 17,092 17,333 17,520 17,500 17,500
Oilseed, Rapeseed 13,128 13,274 13,281 13,485 13,200 13,200
Oilseed, Soybean 13,596 15,283 15,967 18,100 19,600 19,600
Oilseed, Sunflowerseed 3,201 3,149 2,494 3,250 3,300 3,300
Other 8,800 10,800 10,875 10,679 10,777 11,365
Total 55,086 59,598 59,950 63,034 64,377 64,965
none
Domestic Consumption none
Meal, Fish 2,019 1,867 1,788 1,780 1,800 1,800
Meal, Rapeseed 10,777 11,453 11,148 11,034 10,514 10,732
Meal, Soybean 68,646 70,105 66,405 71,507 77,423 77,423
Other 8,252 9,495 10,609 11,981 11,039 11,144
Total 89,694 92,920 89,950 96,302 100,776 101,099
none
SME none
Meal, Fish 2,917 2,698 2,584 2,572 2,601 2,601
Meal, Rapeseed 7,339 7,816 7,595 7,514 7,143 7,298
Meal, Soybean 67,596 69,005 65,255 70,267 76,173 76,173
Other 7,260 8,244 8,987 10,046 9,300 9,397
Total 85,113 87,763 84,421 90,399 95,216 95,469
none
Imports none
Meal, Fish 1,583 1,467 1,424 1,430 1,450 1,450
Meal, Rapeseed 875 1,258 1,437 1,910 1,500 1,600
Meal, Soybean 61 23 17 51 15 15
Other 657 842 2,161 2,975 2,240 2,240
Total 3,176 3,590 5,039 6,366 5,205 5,305
none
Food Use Dom. Cons. none
Oil, Palm 2,650 2,900 4,512 4,083 4,520 4,520
Oil, Peanut 2,807 2,966 3,091 3,382 3,175 3,232
Oil, Rapeseed 8,600 8,600 8,387 8,146 7,657 7,700
Oil, Soybean 16,350 16,500 15,885 17,093 18,691 18,691
Oil, Sunflowerseed 1,332 1,428 1,496 2,418 2,197 2,197
Other 1,296 1,569 1,601 1,562 1,598 1,620
Total 33,035 33,963 34,972 36,684 37,838 37,960
none
Domestic Consumption none
Oil, Palm 4,750 5,100 7,012 6,433 6,920 6,920
Oil, Peanut 2,807 2,966 3,091 3,382 3,175 3,232
Oil, Rapeseed 8,600 8,600 8,387 8,146 7,657 7,700
Oil, Soybean 16,350 16,500 15,885 17,093 18,691 18,691
Oil, Sunflowerseed 1,332 1,428 1,496 2,418 2,197 2,197
Other 1,891 2,270 2,491 2,345 2,448 2,470
Total 35,730 36,864 38,362 39,817 41,088 41,210
none
Imports none
Oil, Palm 4,881 5,320 6,795 6,719 6,900 6,900
Oil, Peanut 111 112 172 226 225 250
Oil, Rapeseed 802 1,067 1,507 1,940 1,600 1,700
Oil, Soybean 711 481 783 1,000 1,100 1,100
Oil, Sunflowerseed 725 785 1,032 1,749 1,500 1,500
Other 773 883 1,117 986 1,085 1,085
Total 8,003 8,648 11,406 12,620 12,410 12,535

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 36 February 2021


Global Market Analysis
Table 28: India Oilseeds and Products Supply and Distribution
Thousand Metric Tons

Jan Feb
2016/17 2017/18 2018/19 2019/20 2020/21 2020/21
none
Production none
Oilseed, Cottonseed 11,463 12,312 10,953 12,524 12,524 12,312
Oilseed, Peanut 6,924 6,665 4,685 6,255 6,500 6,500
Oilseed, Rapeseed 6,620 7,100 8,000 7,700 7,650 7,650
Oilseed, Soybean 10,992 8,350 10,930 9,300 10,500 10,500
Oilseed, Sunflowerseed 318 230 172 140 185 185
Other 735 770 770 770 770 770
Total 37,052 35,427 35,510 36,689 38,129 37,917
none
Domestic Consumption none
Meal, Cottonseed 3,725 4,278 3,973 4,517 4,582 4,582
Meal, Peanut 1,506 1,537 1,379 1,525 1,590 1,590
Meal, Rapeseed 2,750 2,875 3,225 3,340 3,300 3,300
Meal, Soybean 4,675 4,740 5,280 5,720 6,085 6,085
Meal, Sunflowerseed 439 217 229 397 254 254
Other 458 539 552 588 511 511
Total 13,553 14,186 14,638 16,087 16,322 16,322
none
SME none
Meal, Cottonseed 3,018 3,466 3,219 3,660 3,713 3,713
Meal, Peanut 1,687 1,722 1,544 1,708 1,782 1,782
Meal, Rapeseed 1,957 2,046 2,295 2,376 2,348 2,348
Meal, Soybean 4,500 4,550 5,050 5,445 5,785 5,785
Meal, Sunflowerseed 293 145 153 265 169 169
Other 199 236 241 257 222 222
Total 11,654 12,165 12,502 13,712 14,018 14,018
none
Food Use Dom. Cons. none
Oil, Cottonseed 1,120 1,300 1,182 1,350 1,360 1,360
Oil, Palm 8,800 8,700 8,920 7,518 8,300 8,300
Oil, Peanut 1,050 1,080 1,140 1,265 1,250 1,250
Oil, Rapeseed 2,350 2,650 2,650 2,690 2,550 2,600
Oil, Soybean 5,150 4,670 4,750 5,100 5,150 5,250
Oil, Sunflowerseed 2,000 2,500 2,550 2,850 2,550 2,550
Other 240 295 305 290 304 304
Total 20,710 21,195 21,497 21,063 21,464 21,614
none
Domestic Consumption none
Oil, Cottonseed 1,165 1,345 1,227 1,395 1,405 1,405
Oil, Palm 9,350 9,270 9,495 8,078 8,880 8,880
Oil, Peanut 1,060 1,090 1,150 1,275 1,260 1,260
Oil, Rapeseed 2,435 2,730 2,730 2,770 2,630 2,680
Oil, Soybean 5,150 4,670 4,750 5,100 5,150 5,250
Oil, Sunflowerseed 2,000 2,500 2,550 2,850 2,550 2,550
Other 516 595 626 594 619 619
Total 21,676 22,200 22,528 22,062 22,494 22,644
none
Imports none
Oil, Cottonseed 0 3 0 3 0 0
Oil, Palm 9,341 8,608 9,710 7,398 8,700 8,700
Oil, Peanut 0 0 0 0 0 0
Oil, Rapeseed 317 278 62 78 38 80
Oil, Soybean 3,534 2,984 3,000 3,612 3,400 3,600
Oil, Sunflowerseed 2,136 2,496 2,328 2,600 2,350 2,350
Other 82 117 150 120 143 143
Total 15,410 14,486 15,250 13,811 14,631 14,873

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA 37 February 2021


Global Market Analysis
Table 29: Oilseed Prices
U.S. Dollars per Metric Ton
Year Soybean Peanut Sunseed Rapeseed Copra
Beg U.S. U.S. Brz Arg Rott U.S. Rott U.S. Rott Hamb Rott
Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/

Oct - Sep Average


09/10-18/19 401 407 441 438 465 517 1490 469 481 487 805

2009/10 354 357 390 395 429 467 1,209 342 452 419 613
2010/11 454 482 508 511 549 508 1,792 591 661 647 1188
2011/12 488 505 549 533 562 729 2,480 632 593 616 829
2012/13 530 537 538 543 592 635 1,391 546 580 579 570
2013/14 482 487 514 517 542 524 1,300 480 466 505 854
2014/15 362 356 388 401 407 482 1,294 506 432 417 749
2015/16 339 346 382 375 396 419 1,260 433 440 409 907
2016/17 347 351 385 376 404 437 1,554 386 408 432 1076
2017/18 343 337 396 386 403 508 1,317 381 403 425 784
2018/19 309 307 360 347 370 463 1,302 389 380 420 483

2019/20
Oct 316 327 372 354 385 450 1,345 384 366 427 484
Nov 316 325 370 353 377 423 1,400 395 389 430 566
Dec 320 333 369 367 381 432 1,450 388 418 449 672
Jan 325 332 359 361 390 461 1,500 425 443 459 680
Feb 316 321 346 347 376 452 1,513 445 426 439 579
Mar 311 316 340 324 369 454 1,500 454 406 406 558
Apr 307 306 334 326 362 445 1,534 454 424 406 551
May 304 305 338 329 360 450 1,473 465 433 409 560
Jun 306 314 365 346 369 478 1,444 456 434 423 620
Jul 312 324 378 360 383 522 1,425 456 435 435 597
Aug 318 332 397 369 387 571 1,394 454 390 446 663
Sep 340 367 434 410 419 522 1,350 452 476 464 689
Average 316 325 367 354 380 472 1,444 436 420 433 602

2020/21
Oct 354 388 503 456 454 421 1,400 461 530 469 740
Nov 378 420 521 483 502 417 1,475 467 611 480 946
Dec 386 443 490 502 513 423 1,550 450 654 500 985
*Jan N/A 504 535 517 574 N/A 1,538 N/A 710 529 964
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Average 373 439 512 490 511 420 1,491 459 626 495 909

1/ U.S. Farm Price; USDA. 2/ U.S. NO.1 Yellow Cash Central Illinois; AMS.
3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC
5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.
7/ Rotterdam CIF; US Runners 40/50%, Shelled Basis, Oilworld. 8/ US Farm Price; USDA
9/ Rotterdam/Amsterdam CIF; EU; Oil World 10/Hamburg CIF; Europe "00"; Oil World.
11/ Phil/Indo CIF NW Europe; Oil World
* Preliminary 2/8/2021 1:00:12 PM

Foreign Agricultural Service/USDA 38 February 2021


Global Market Analysis
Table 30: Protein Meal Prices
U.S. Dollars per Metric Ton
Year Soybean Cottonseed Sunseed Fish Rapeseed
Beg U.S. Brz Arg Hamb U.S. U.S. Ukr Brem Hamb
Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/

Oct - Sep Average


09/10-18/19 405 387 391 414 302 214 249 1568 270

2009/10 343 327 311 391 244 167 222 1668 221
2010/11 381 383 386 418 302 242 254 1607 278
2011/12 434 442 442 461 303 272 263 1448 295
2012/13 516 489 506 538 366 266 318 1791 353
2013/14 540 500 509 533 416 263 315 1660 323
2014/15 406 376 386 403 335 231 269 1,632 269
2015/16 358 335 349 351 288 169 233 1,517 232
2016/17 349 322 326 336 230 160 178 1,377 225
2017/18 380 368 375 382 287 191 224 1,506 259
2018/19 340 325 321 329 252 181 219 1,477 247

2019/20
Oct 341 312 309 319 235 186 197 1,359 214
Nov 334 318 318 318 258 184 201 1,359 217
Dec 330 326 331 324 276 198 201 1,362 239
Jan 331 321 336 332 264 204 209 1,374 239
Feb 325 317 330 334 276 207 208 1,363 244
Mar 344 337 348 364 285 198 213 1,406 260
Apr 326 319 328 363 311 203 227 1,392 288
May 318 314 318 328 278 199 231 1,395 260
Jun 318 321 319 325 271 207 228 1,445 229
Jul 321 326 326 329 270 223 226 1,482 227
Aug 320 342 337 345 270 240 226 1,476 244
Sep 353 381 377 378 274 233 232 1,460 272
Average 330 328 331 338 272 207 217 1,406 244

2020/21
Oct 404 436 434 430 333 233 255 1,438 295
Nov 428 465 463 470 403 235 307 1,445 318
Dec 437 469 469 468 468 278 309 1,500 327
*Jan 484 517 516 535 489 309 339 1,498 379
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Average 438 472 471 476 423 264 303 1,470 330

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 2/8/2021 1:00:12 PM

Foreign Agricultural Service/USDA 39 February 2021


Global Market Analysis
Table 31: Vegetable Oil Prices
U.S. Dollars per Metric Ton
Year Soybean Cottonseed Sunseed Peanut 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


09/10-18/19 833 865 863 949 1,007 1,396 973 1,572 1,573 767 977 1,208 911

2009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 866
2010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,331
2011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,236
2012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,029
2013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 869
2014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827
2015/16 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865
2016/17 718 765 763 848 902 1,181 807 1,496 1,524 699 871 1,621 825
2017/18 662 722 722 822 703 1,203 776 1,470 1,326 626 844 1,175 669
2018/19 606 651 649 745 775 1,174 719 1,422 1,269 521 840 724 594

2019/20
Oct 664 677 665 762 836 1,235 738 1,356 1,362 547 883 718 624
Nov 675 704 692 769 847 1,235 763 1,391 1,400 641 904 833 669
Dec 711 778 782 825 887 1,676 802 1,326 1,470 718 923 1,032 689
Jan 728 790 799 871 884 1,543 830 1,301 1,505 761 946 1,011 734
Feb 667 712 726 795 849 1,543 759 1,301 1,550 677 899 850 794
Mar 596 608 611 725 798 1,676 706 1,317 1,550 589 804 839 814
Apr 566 587 589 673 823 1,676 728 1,312 1,650 563 765 840 989
May 557 595 595 672 820 1,631 751 1,369 1,750 529 798 832 1,050
Jun 587 661 659 740 810 1,235 807 1,868 1,750 605 857 915 1,132
Jul 633 724 709 817 948 1,243 817 1,874 1,723 643 893 897 1,002
Aug 708 773 746 867 1,032 1,257 842 1,984 N/A 715 930 983 987
Sep 754 855 799 899 1,095 1,257 1,000 1,984 N/A 746 941 1,034 956
Average 654 705 698 785 886 1,434 795 1,532 1,571 645 879 899 870

2020/21
Oct 748 899 821 895 1,066 1,257 999 2,050 N/A 767 924 1,108 951
Nov 833 977 944 968 1,200 N/A 1,129 2,177 N/A 878 1,030 1,383 938
Dec 965 1,010 1,016 1,020 1,305 N/A 1,191 2,205 N/A 929 1,079 1,480 920
*Jan 977 1,052 1,055 1,081 1,393 N/A 1,299 1,984 2,023 980 1,112 1,449 975
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Average 881 985 959 991 1,241 1,257 1,155 2,104 N/A 889 1,036 1,355 946
1/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.
3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA.
6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA.
9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOB
Ex-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS
* Preliminary 2/8/2021 1:00:12 PM

Foreign Agricultural Service/USDA 40 February 2021


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