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United States Department of Agriculture Foreign Agricultural Service Approved by the World Agricultural Outlook Board/USDA November 2016 2016/17 Global Olive Oil Production Down But Prices Stabilize Global olive oil supplies in 2016/17 are forecast to tighten as production prospects for major producers in the Mediterranean basin are revised lower. Total global production is forecast at 2.8 million tons, down 8 percent from the previous campaign. Olive oil prices have remained fairly stable over the last 12 months as a larger production in 2015/16 helped offset the previous year’s crop losses. Ample carry-in stocks for 2016/17 have also helped to keep current olive oil prices stable. However, any further production shortfall could trigger a price rally similar to one that occurred in mid-2015. The biggest change in production is projected for Tunisia where crop prospects have diminished. Heat damage, a lack of winter rains, and a severe drought during the summer months have negatively impacted yields. Accordingly, olive oil production is projected to decline almost 30 percent from the previous year to near 100,000 tons. This is expected to cut Tunisia’s olive oil exports roughly in half compared to the previous year. Olive oil production in the European Union is also facing significant losses due to diminished precipitation across the Mediterranean region. Dry weather from September through early October likely impacted yields in Spain, the world’s largest olive oil producer. Prolonged dryness and insect pressure have also affected yields in Italy and Greece. Exports in 2016/17, however, are likely to remain near last season’s level due to abundant carry-over stocks. For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new 0 500 1000 1500 2000 2500 3000 3500 4000 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 Thousnad MT Global Olive Oil Production and Stocks Production Ending Stocks 2500 3000 3500 4000 4500 5000 Nov-13 Feb-14 May-14 Aug-14 Nov-14 Feb-15 May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 US-$/Ton, Spain Extra Virgin Olive Oil Prices Stabilizing After All-Time High
Transcript
Page 1: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

November 2016

2016/17 Global Olive Oil Production Down But Prices Stabilize

Global olive oil supplies in 2016/17 are forecast to tighten as production prospects for major producers in the Mediterranean basin are revised lower. Total global production is forecast at 2.8 million tons, down 8 percent from the previous campaign. Olive oil prices have remained fairly stable over the last 12 months as a larger production in 2015/16 helped offset the previous year’s crop losses. Ample carry-in stocks for 2016/17 have also helped to keep current olive oil prices stable. However, any further production shortfall could trigger a price rally similar to one that occurred in mid-2015. The biggest change in production is projected for Tunisia where crop prospects have diminished. Heat damage, a lack of winter rains, and a severe drought during the summer months have negatively impacted yields. Accordingly, olive oil production is projected to decline almost 30 percent from the previous year to near 100,000 tons. This is expected to cut Tunisia’s olive oil exports roughly in half compared to the previous year. Olive oil production in the European Union is also facing significant losses due to diminished precipitation across the Mediterranean region. Dry weather from September through early October likely impacted yields in Spain, the world’s largest olive oil producer. Prolonged dryness and insect pressure have also affected yields in Italy and Greece. Exports in 2016/17, however, are likely to remain near last season’s level due to abundant carry-over stocks. For an email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

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2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17

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Global Olive Oil Production and Stocks

Production Ending Stocks

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3000

3500

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5000

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-13

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Extra Virgin Olive Oil Prices Stabilizing After All-Time High

Page 2: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

OVERVIEW 2016/17 Global oilseed production is forecast higher this month, primarily on larger soybean crops in the United States and Russia, as well as a larger peanut and rapeseed forecast in China. Oilseed exports are up on larger shipments from the United States, Ukraine and Russia, offset by a reduction in Argentina. Soybean imports are forecast slightly lower on reduced demand in Russia offset by an increase in Mexico. Global oil imports are up on higher soybean oil demand in India offset by a reduction in demand for palm and palm kernel oil. Global oilseed stocks are boosted, led by Argentina, United States, and China. The U.S. season-average farm price is up 15 cents to $9.20 per bushel. 2015/16 Global soybean and rapeseed production is raised on revised China production for 2015/16. Soybean imports are up on stronger demand from the European Union and China. Exports are down slightly with lower shipments from Argentina. Global stocks are raised this month led by China and Argentina. SOYBEAN PRICES U.S. export bids in October, FOB Gulf, averaged $388/ton, down $9 from last month. For the week ending October 27, U.S. 2016/17 soybean export commitments (outstanding sales plus accumulated exports) to China totaled 19.4 million tons compared to 14.9 million a year ago. Total commitments to the world are 36.1 million tons, compared to 27.8 million for the same period last year.

2016/17 TRADE OUTLOOK CHANGES • United States

o Soybean exports are up 680,000 tons to 55.8 million on larger exportable supplies o Soybean meal exports are down 272,000 tons to 10.9 million on slowing demand.

• Argentina soybean exports are down 400,000 tons to 9.3 million, and soybean meal exports are down 100,000 tons to 32.7 million on slowing demand..

• Brazil soybean meal exports are down 300,000 tons to 15.5 million on slowing demand. • European Union

o Soybean meal imports are down 200,000 tons to 30.0 million following tighter exportable supplies in South America resulting from lower crush.

o Sunflowerseed meal imports are up 100,000 tons to 3.9 million on ample exportable supplies in the Black Sea region.

300

350

400

450

500

Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16

FOB

($/M

T)

Soybean Export Prices

U.S. Gulf Brazil Paranagua Argentina Up River

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 3: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

• India o Palm oil imports are lowered 250,000 tons to 10.0 million, and palm kernel oil imports are

lowered 100,000 tons to 130,000 on larger supplies of other vegetable oils. o Soybean oil imports are raised 400,000 tons to 4.0 million on higher demand.

• Japan soybean meal imports are down 100,000 tons to 1.8 million on lower domestic demand. • Mexico soybean meal imports are lowered 100,000 tons to 2.5 million, while soybean imports are

up 100,000 tons to 4.3 million on strong domestic crush margins. • Pakistan soybean meal imports are reduced 150,000 tons to 500,000 tons on lower forecast of

domestic consumption. • Russia soybean imports are down 100,000 tons to 2.1 million following a larger crop. • Tunisia olive oil exports are slashed 100,000 tons to 70,000 in response to sharply lower

production.

2015/16 TRADE CHANGES Select countries – based on trade data • United States soybean exports are lowered 103,000 tons to 10.9 million. • Algeria soybean oil imports are increased 115,000 tons to 715,000. • Argentina

o Soybean exports are down 380,000 tons to 9.9 million. o Soybean meal exports are down 275,000 tons to 30.3 million. o Soybean oil exports are down 200,000 tons to 5.7 million.

• Belarus sunflowerseed meal imports are reduced 110,000 tons to 520,000. • China

o Soybean imports are raised 730,000 tons to 83.2 million. o Rapeseed meal imports are up 119,000 tons to 359,000 tons, while rapeseed imports are

cut 239,000 tons to 4.0 million. • European Union

o Soybean meal imports are down 600,000 tons to 19.3 million, while soybean imports are up 400,000 tons to 14.6 million.

o Palm kernel meal imports are up 100,000 tons to 2.2 million. o Sunflowerseed meal imports are up 130,000 tons to 3.3 million, and sunflowerseed oil is

up 100,000 tons to 1.4 million. • India

o Soybean oil imports are raised 160,000 tons to 4.4 million while palm oil imports are down 515,000 tons to 8.7 million.

o Peanut exports are up 100,000 tons to 780,000. • Pakistan soybean meal imports are lowered 100,000 tons to 450,000. • Philippines soybean meal imports are lowered 150,000 tons to 2.6 million. • Ukraine sunflowerseed meal exports are lowered 283,000 tons to 3.8 million while

sunflowerseed oil exports are up 200,000 tons to 4.5 million.

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 4: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Questions may be directed to:

Bill George (202) 720-6234 [email protected] Agata Kingsbury (202) 260-8910 [email protected] Justin Choe (202) 690-4062 [email protected] To download the tables in the publication, go to the Production, Supply and Distribution Database (PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and click the plus sign [+] next to Oilseeds. The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m. FAS Reports and Databases: Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Markets and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx Export Sales Report:

http://apps.fas.usda.gov/esrquery/ Global Agricultural Information Network (Agricultural Attaché Reports):

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

Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/ Economic Research Service:

http://www.ers.usda.gov/topics/crops National Agricultural Statistics Service:

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 5: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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 November 2016Office of Global Analysis

Page 6: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

5.72 Oilseed, Copra 5.42 5.43 5.31 5.51 5.51

46.35 Oilseed, Cottonseed 45.02 44.37 36.80 38.82 39.08

15.09 Oilseed, Palm Kernel 15.97 16.57 15.85 17.22 17.22

39.79 Oilseed, Peanut 41.40 39.84 40.31 41.72 41.79

64.06 Oilseed, Rapeseed 71.67 71.45 70.24 67.61 67.81

268.53 Oilseed, Soybean 282.46 319.78 313.20 333.22 336.09

34.99 Oilseed, Sunflowerseed 41.60 39.42 40.36 44.00 43.73

474.53 Total 503.53 536.87 522.07 548.10 551.23

none

Imports none

0.04 Oilseed, Copra 0.09 0.10 0.11 0.07 0.09

0.91 Oilseed, Cottonseed 0.77 0.65 0.61 0.73 0.73

0.06 Oilseed, Palm Kernel 0.06 0.07 0.05 0.04 0.04

2.35 Oilseed, Peanut 2.37 2.53 3.17 3.21 3.22

12.83 Oilseed, Rapeseed 15.56 14.36 14.23 14.05 14.12

97.20 Oilseed, Soybean 113.07 123.87 132.96 136.22 136.21

1.32 Oilseed, Sunflowerseed 1.54 1.48 1.62 1.34 1.34

114.70 Total 133.45 143.06 152.75 155.65 155.73

none

Exports none

0.07 Oilseed, Copra 0.11 0.11 0.11 0.09 0.09

0.92 Oilseed, Cottonseed 0.84 0.65 0.60 0.82 0.86

0.04 Oilseed, Palm Kernel 0.04 0.03 0.04 0.04 0.04

2.66 Oilseed, Peanut 2.90 3.31 3.76 3.86 3.88

12.56 Oilseed, Rapeseed 15.10 15.07 14.69 14.03 14.08

100.80 Oilseed, Soybean 112.68 126.22 132.14 138.78 139.16

1.45 Oilseed, Sunflowerseed 1.96 1.66 1.83 1.63 1.63

118.51 Total 133.62 147.06 153.17 159.24 159.74

none

Crush none

5.80 Oilseed, Copra 5.40 5.39 5.29 5.44 5.46

34.44 Oilseed, Cottonseed 34.22 33.84 29.54 29.98 29.94

14.96 Oilseed, Palm Kernel 15.89 16.52 15.81 17.04 17.04

16.59 Oilseed, Peanut 17.60 17.03 16.68 17.54 17.64

62.86 Oilseed, Rapeseed 66.84 67.63 67.63 65.43 65.49

230.58 Oilseed, Soybean 242.30 263.24 276.18 288.49 288.17

30.93 Oilseed, Sunflowerseed 37.14 35.72 36.90 39.94 39.83

396.16 Total 419.38 439.37 448.03 463.86 463.56

none

Ending Stocks none

0.16 Oilseed, Copra 0.12 0.10 0.09 0.09 0.09

1.81 Oilseed, Cottonseed 1.76 1.65 0.89 1.11 1.19

0.30 Oilseed, Palm Kernel 0.29 0.26 0.20 0.24 0.27

2.72 Oilseed, Peanut 3.25 2.55 1.96 2.00 2.02

4.84 Oilseed, Rapeseed 7.34 7.33 6.56 5.36 5.76

55.18 Oilseed, Soybean 61.90 78.60 77.07 77.36 81.53

2.77 Oilseed, Sunflowerseed 2.99 2.77 2.16 1.97 2.02

67.77 Total 77.65 93.26 88.93 88.13 92.87

Totals may not add due to rounding

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 7: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

1.92 Meal, Copra 1.80 1.80 1.76 1.82 1.82

15.67 Meal, Cottonseed 15.63 15.45 13.52 13.75 13.72

4.47 Meal, Fish 3.97 4.20 4.14 4.15 4.15

7.95 Meal, Palm Kernel 8.44 8.66 8.45 9.05 9.05

6.55 Meal, Peanut 6.99 6.75 6.59 6.94 6.98

36.50 Meal, Rapeseed 38.74 39.13 39.20 37.85 37.90

181.19 Meal, Soybean 189.90 207.33 216.61 226.68 226.48

14.09 Meal, Sunflowerseed 16.87 16.11 16.53 17.97 17.81

268.34 Total 282.32 299.41 306.81 318.20 317.91

none

Imports none

1.00 Meal, Copra 0.70 0.67 0.60 0.62 0.67

0.43 Meal, Cottonseed 0.36 0.28 0.24 0.25 0.25

2.46 Meal, Fish 2.74 2.49 2.48 2.55 2.52

6.12 Meal, Palm Kernel 6.32 6.36 6.43 6.62 6.62

0.04 Meal, Peanut 0.10 0.02 0.03 0.03 0.03

5.57 Meal, Rapeseed 6.46 6.03 5.77 5.57 5.57

53.84 Meal, Soybean 57.93 60.36 62.24 66.46 65.81

4.91 Meal, Sunflowerseed 5.76 5.51 6.04 6.66 6.68

74.37 Total 80.36 81.74 83.83 88.76 88.15

none

Exports none

1.09 Meal, Copra 0.72 0.73 0.61 0.71 0.71

0.54 Meal, Cottonseed 0.38 0.32 0.29 0.28 0.27

2.24 Meal, Fish 2.34 2.16 2.01 2.12 2.13

6.11 Meal, Palm Kernel 6.38 6.46 6.55 6.85 6.85

0.07 Meal, Peanut 0.08 0.05 0.05 0.05 0.05

5.54 Meal, Rapeseed 6.08 5.85 5.59 5.56 5.56

57.93 Meal, Soybean 60.21 64.01 65.58 69.40 68.82

5.11 Meal, Sunflowerseed 6.22 5.87 6.14 7.27 7.27

78.64 Total 82.40 85.46 86.82 92.25 91.66

none

Domestic Consumption none

1.94 Meal, Copra 1.78 1.71 1.73 1.73 1.79

15.56 Meal, Cottonseed 15.61 15.41 13.59 13.72 13.69

4.51 Meal, Fish 4.65 4.64 4.52 4.59 4.55

7.94 Meal, Palm Kernel 8.13 8.56 8.55 8.84 8.86

6.52 Meal, Peanut 7.00 6.72 6.56 6.92 6.95

36.64 Meal, Rapeseed 39.11 39.32 39.38 37.80 37.85

177.68 Meal, Soybean 186.99 202.18 214.41 225.53 225.20

14.59 Meal, Sunflowerseed 15.88 15.78 16.25 17.36 17.47

265.37 Total 279.14 294.32 305.00 316.48 316.36

none

Ending Stocks none

0.11 Meal, Copra 0.11 0.14 0.16 0.15 0.15

0.22 Meal, Cottonseed 0.21 0.22 0.10 0.13 0.11

0.54 Meal, Fish 0.27 0.16 0.25 0.24 0.24

0.38 Meal, Palm Kernel 0.62 0.63 0.41 0.39 0.37

0.02 Meal, Peanut 0.03 0.03 0.03 0.03 0.03

0.63 Meal, Rapeseed 0.64 0.63 0.64 0.69 0.70

10.01 Meal, Soybean 10.64 12.13 10.99 9.58 9.26

0.66 Meal, Sunflowerseed 1.19 1.16 1.34 1.09 1.10

12.57 Total 13.72 15.09 13.91 12.31 11.96

Totals may not add due to rounding

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 8: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

3.62 Oil, Coconut 3.38 3.37 3.31 3.41 3.41

5.22 Oil, Cottonseed 5.17 5.12 4.46 4.54 4.54

2.50 Oil, Olive 3.19 2.40 3.07 3.01 2.82

56.38 Oil, Palm 59.27 61.63 58.84 64.50 64.50

6.72 Oil, Palm Kernel 7.13 7.34 7.15 7.64 7.64

5.30 Oil, Peanut 5.61 5.44 5.33 5.60 5.63

25.69 Oil, Rapeseed 27.26 27.63 27.71 26.76 26.79

43.12 Oil, Soybean 45.14 49.06 51.76 53.70 53.65

12.90 Oil, Sunflowerseed 15.51 14.99 15.49 16.69 16.74

161.43 Total 171.66 176.98 177.11 185.85 185.72

none

Imports none

1.89 Oil, Coconut 1.74 1.74 1.62 1.72 1.70

0.07 Oil, Cottonseed 0.07 0.07 0.05 0.06 0.06

0.83 Oil, Olive 0.76 0.91 0.78 0.85 0.77

42.13 Oil, Palm 41.99 44.62 43.43 46.62 46.34

2.88 Oil, Palm Kernel 2.53 3.01 2.60 2.83 2.73

0.16 Oil, Peanut 0.19 0.25 0.24 0.26 0.24

3.93 Oil, Rapeseed 3.83 3.96 4.06 4.13 4.13

8.50 Oil, Soybean 9.28 9.99 11.84 11.09 11.39

5.19 Oil, Sunflowerseed 6.98 6.14 7.12 7.67 7.62

65.60 Total 67.37 70.68 71.74 75.21 74.98

none

Exports none

1.91 Oil, Coconut 1.73 1.94 1.64 1.78 1.78

0.16 Oil, Cottonseed 0.14 0.14 0.08 0.10 0.10

0.91 Oil, Olive 0.84 1.00 0.87 0.97 0.86

43.15 Oil, Palm 43.21 47.46 44.83 47.76 47.81

3.26 Oil, Palm Kernel 2.88 3.22 3.00 3.17 3.17

0.17 Oil, Peanut 0.20 0.24 0.24 0.23 0.23

3.95 Oil, Rapeseed 3.83 4.07 4.14 4.11 4.11

9.36 Oil, Soybean 9.46 11.09 11.81 11.73 11.73

5.57 Oil, Sunflowerseed 7.78 7.38 8.09 8.80 8.80

68.42 Total 70.07 76.54 74.70 78.65 78.58

none

Domestic Consumption none

3.75 Oil, Coconut 3.41 3.32 3.29 3.38 3.36

5.21 Oil, Cottonseed 5.08 5.05 4.51 4.47 4.46

2.82 Oil, Olive 2.98 2.65 2.81 2.89 2.82

55.42 Oil, Palm 58.05 58.39 59.94 63.30 63.00

6.40 Oil, Palm Kernel 6.69 7.27 7.03 7.27 7.19

5.35 Oil, Peanut 5.58 5.48 5.36 5.63 5.64

24.29 Oil, Rapeseed 26.27 27.15 28.10 27.68 27.71

42.69 Oil, Soybean 45.23 47.93 51.63 53.19 53.61

12.98 Oil, Sunflowerseed 14.30 14.22 15.01 15.61 15.70

158.90 Total 167.57 171.46 177.68 183.42 183.50

none

Ending Stocks none

0.47 Oil, Coconut 0.44 0.29 0.29 0.25 0.26

0.21 Oil, Cottonseed 0.23 0.23 0.14 0.17 0.18

0.52 Oil, Olive 0.65 0.31 0.48 0.44 0.40

9.28 Oil, Palm 9.29 9.70 7.19 7.31 7.22

0.86 Oil, Palm Kernel 0.96 0.82 0.55 0.57 0.56

0.21 Oil, Peanut 0.23 0.18 0.15 0.15 0.16

4.34 Oil, Rapeseed 5.33 5.71 5.24 4.20 4.34

3.93 Oil, Soybean 3.66 3.70 3.85 3.58 3.56

2.11 Oil, Sunflowerseed 2.53 2.05 1.55 1.36 1.40

21.92 Total 23.31 22.98 19.45 18.04 18.07

Totals may not add due to rounding

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 9: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

93.32 United States 99.02 116.03 115.88 126.16 128.68

84.55 Brazil 90.01 100.11 99.00 104.81 104.81

53.81 Argentina 57.01 66.24 60.78 61.79 61.75

59.75 China 58.64 57.66 55.43 54.31 54.61

36.81 India 36.86 32.28 29.78 34.44 34.65

146.29 Other 162.00 164.55 161.20 166.60 166.73

474.53 Total 503.53 536.87 522.07 548.10 551.23

Imports none

63.52 China 75.58 83.15 87.93 90.57 90.57

17.02 European Union 18.01 16.86 19.55 17.77 17.77

5.08 Mexico 5.58 5.73 5.85 6.03 6.13

5.54 Japan 5.49 5.70 5.78 5.77 5.77

2.02 Turkey 2.40 3.12 2.99 2.95 2.95

1.96 Thailand 1.89 2.53 2.90 2.75 2.75

0.60 Pakistan 1.15 1.68 2.42 2.65 2.66

2.14 Indonesia 2.55 2.25 2.50 2.65 2.65

2.29 Taiwan 2.34 2.53 2.56 2.61 2.61

1.79 Egypt 1.76 2.01 1.37 2.47 2.47

12.73 Other 16.71 17.51 18.90 19.44 19.42

114.70 Total 133.45 143.06 152.75 155.65 155.73

Exports none

42.02 Brazil 46.99 50.85 54.66 58.69 58.69

37.16 United States 45.57 51.12 53.79 56.28 56.96

10.62 Canada 12.69 13.11 14.58 13.73 13.73

8.53 Argentina 8.59 11.54 11.23 10.68 10.35

5.54 Paraguay 4.82 4.51 5.32 5.33 5.33

2.72 Ukraine 3.57 4.43 3.89 3.35 3.40

4.21 Australia 3.07 2.92 2.43 3.06 3.06

7.72 Other 8.31 8.58 7.28 8.12 8.22

118.51 Total 133.62 147.06 153.17 159.24 159.74

Crush none

102.64 China 107.63 112.09 118.30 121.52 121.62

50.25 United States 51.46 55.11 55.08 57.58 57.09

36.27 Argentina 38.79 43.19 46.42 47.70 47.67

41.70 European Union 45.27 47.01 46.56 44.70 44.69

37.51 Brazil 39.71 42.89 42.00 42.77 42.77

28.64 India 28.41 24.60 23.35 26.07 26.07

10.12 Russia 13.15 12.98 13.59 14.42 14.57

9.21 Ukraine 12.16 11.45 12.93 14.40 14.40

8.98 Indonesia 9.64 10.25 10.05 10.65 10.65

8.26 Canada 8.50 9.15 10.32 10.20 10.20

5.70 Mexico 6.08 6.41 6.49 6.59 6.74

4.73 Pakistan 5.11 5.96 5.50 6.07 6.07

5.34 Malaysia 5.53 5.55 5.10 5.68 5.68

4.38 Japan 4.40 4.66 4.73 4.68 4.68

3.21 Turkey 3.59 4.38 3.72 4.05 4.05

39.24 Other 39.96 43.69 43.91 46.79 46.63

396.16 Total 419.38 439.37 448.03 463.86 463.56

Ending Stocks none

20.92 Argentina 26.60 33.62 32.78 31.24 32.11

15.50 Brazil 16.20 19.65 18.72 18.59 18.59

13.14 China 14.98 18.60 18.42 14.49 15.87

5.76 United States 3.95 6.76 6.88 12.32 14.63

0.77 Canada 3.27 3.02 2.33 2.50 2.50

11.69 Other 12.65 11.61 9.80 8.99 9.16

67.77 Total 77.65 93.26 88.93 88.13 92.87

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

70.77 China 74.60 78.56 83.68 86.65 86.69

38.69 United States 39.39 43.27 42.84 44.61 44.24

27.27 Argentina 29.10 32.31 34.53 35.86 35.83

28.38 Brazil 29.88 32.45 31.87 32.42 32.42

26.74 European Union 28.95 29.99 30.02 28.74 28.73

76.49 Other 80.41 82.82 83.86 89.94 90.00

268.34 Total 282.32 299.41 306.81 318.20 317.91

Imports none

23.39 European Union 24.62 25.29 25.55 27.71 27.61

3.67 Vietnam 3.96 5.17 5.29 5.79 5.79

3.62 Indonesia 4.21 3.99 4.42 4.84 4.84

3.39 United States 3.80 3.87 4.07 4.02 4.02

3.26 Thailand 3.14 3.65 2.96 3.63 3.60

3.54 Korea, South 3.68 3.42 3.42 3.55 3.55

2.00 Philippines 2.38 2.26 2.59 2.84 2.79

31.50 Other 34.57 34.10 35.54 36.37 35.95

74.37 Total 80.36 81.74 83.83 88.76 88.15

Exports none

24.04 Argentina 25.38 29.20 31.04 33.44 33.32

13.24 Brazil 13.95 14.39 15.41 15.80 15.50

10.46 United States 10.80 12.14 11.21 11.49 11.23

3.07 Ukraine 3.81 3.74 4.35 5.18 5.23

3.80 Indonesia 3.93 4.28 4.24 4.50 4.50

3.66 Canada 3.67 3.86 4.37 4.29 4.28

2.15 Paraguay 2.51 2.54 2.67 2.72 2.72

18.22 Other 18.35 15.31 13.53 14.84 14.89

78.64 Total 82.40 85.46 86.82 92.25 91.66

Domestic Consumption none

70.95 China 74.63 78.72 83.46 86.26 86.30

49.50 European Union 52.42 53.97 54.54 55.18 55.03

31.64 United States 32.41 35.00 35.69 37.14 37.00

15.87 Brazil 16.43 16.85 17.18 17.67 17.82

11.81 India 12.37 12.66 13.35 13.89 13.95

5.61 Mexico 5.83 6.42 7.04 7.41 7.43

4.37 Vietnam 4.89 5.58 6.19 6.72 6.72

4.24 Russia 4.95 5.42 5.88 6.32 6.39

5.24 Thailand 5.36 5.57 5.57 5.92 5.89

4.32 Indonesia 4.81 5.00 5.36 5.74 5.74

61.81 Other 65.05 69.12 70.73 74.25 74.11

265.37 Total 279.14 294.32 305.00 316.48 316.36

SME none

67.76 China 71.15 75.43 80.30 83.45 83.50

43.86 European Union 46.83 48.20 48.96 49.84 49.68

30.46 United States 31.13 33.70 34.39 35.78 35.62

15.67 Brazil 16.18 16.64 17.00 17.46 17.61

10.34 India 10.95 11.32 11.69 12.23 12.26

5.26 Mexico 5.49 6.07 6.70 7.07 7.09

4.10 Vietnam 4.62 5.27 5.91 6.46 6.46

70.22 Other 74.38 78.99 81.56 85.97 85.85

247.67 Total 260.73 275.61 286.51 298.26 298.07

Ending Stocks none

3.46 Argentina 4.20 4.15 4.27 3.53 3.21

2.97 Brazil 2.49 3.72 3.02 1.99 2.14

0.53 European Union 0.62 0.62 0.46 0.60 0.61

0.59 India 0.73 0.33 0.28 0.52 0.53

0.04 Ukraine 0.45 0.56 0.63 0.50 0.43

4.98 Other 5.23 5.72 5.26 5.17 5.05

12.57 Total 13.72 15.09 13.91 12.31 11.96

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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

Million Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

32.72 Indonesia 35.02 37.78 36.71 39.98 39.98

23.05 China 24.31 25.04 26.30 26.57 26.60

21.70 Malaysia 22.63 22.29 20.00 22.49 22.49

16.15 European Union 18.30 17.93 18.35 17.65 17.60

10.23 United States 10.42 10.94 11.20 11.61 11.54

7.45 Argentina 7.84 8.98 9.72 9.82 9.82

7.55 Brazil 7.97 8.57 8.41 8.52 8.52

42.59 Other 45.17 45.47 46.42 49.21 49.16

161.43 Total 171.66 176.98 177.11 185.85 185.72

Imports none

10.73 India 11.57 14.20 15.06 16.29 16.34

9.95 European Union 9.98 9.53 9.88 9.81 9.74

10.84 China 9.10 8.63 7.81 8.46 8.38

3.80 United States 4.02 4.23 4.54 4.44 4.49

2.30 Pakistan 2.84 2.98 3.20 3.61 3.58

1.92 Egypt 2.08 2.25 2.40 2.40 2.35

1.44 Bangladesh 1.68 1.79 2.13 2.07 2.07

1.35 Turkey 1.46 1.53 1.38 1.63 1.63

1.50 Malaysia 0.85 1.68 1.53 1.47 1.47

1.45 Iran 1.60 1.14 1.10 1.26 1.22

20.33 Other 22.18 22.74 22.71 23.79 23.73

65.60 Total 67.37 70.68 71.74 75.21 74.98

Exports none

22.64 Indonesia 23.94 28.51 26.40 28.40 28.40

19.99 Malaysia 18.75 18.84 17.83 18.97 18.97

4.69 Argentina 4.55 5.73 6.42 6.27 6.27

3.32 Ukraine 4.36 4.12 4.81 5.23 5.27

2.63 Canada 2.45 2.54 2.92 3.03 3.03

1.35 Russia 2.46 2.23 2.21 2.51 2.51

2.43 European Union 2.31 2.48 2.43 2.30 2.35

11.39 Other 11.26 12.10 11.67 11.94 11.79

68.42 Total 70.07 76.54 74.70 78.65 78.58

Domestic Consumption none

31.66 China 32.77 33.61 34.62 35.74 35.64

24.29 European Union 25.47 25.54 25.44 25.26 25.34

17.71 India 18.95 20.15 21.06 22.69 22.78

13.06 United States 13.50 13.68 14.52 14.82 14.81

10.08 Indonesia 11.05 9.80 11.01 11.68 11.68

6.74 Brazil 6.97 7.43 7.38 7.45 7.45

4.03 Malaysia 4.40 4.59 4.86 4.89 4.90

3.37 Pakistan 3.72 4.11 4.49 4.85 4.82

2.93 Argentina 3.42 3.21 3.49 3.57 3.57

3.07 Russia 3.16 3.23 3.35 3.42 3.46

2.21 Thailand 2.42 2.57 2.70 2.88 2.88

2.37 Mexico 2.41 2.60 2.68 2.73 2.76

2.49 Egypt 2.49 2.64 2.68 2.77 2.73

1.70 Bangladesh 1.87 2.06 2.29 2.50 2.50

2.26 Japan 2.30 2.33 2.40 2.43 2.41

30.95 Other 32.68 33.93 34.72 35.75 35.78

158.90 Total 167.57 171.46 177.68 183.42 183.50

Ending Stocks none

4.80 China 5.33 5.25 4.62 3.72 3.83

3.53 Indonesia 3.61 3.12 2.45 2.38 2.38

2.12 Malaysia 2.46 3.00 1.85 1.95 1.95

1.38 European Union 1.89 1.33 1.69 1.43 1.33

1.84 India 1.51 1.46 1.23 1.38 1.27

8.25 Other 8.51 8.83 7.62 7.19 7.31

21.92 Total 23.31 22.98 19.45 18.04 18.07

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

82,791 United States 91,389 106,878 106,857 116,180 118,688

82,000 Brazil 86,700 97,200 96,500 102,000 102,000

49,300 Argentina 53,400 61,400 56,800 57,000 57,000

13,011 China 11,951 12,154 11,785 12,500 12,500

12,186 India 9,477 8,711 7,125 9,700 9,700

8,202 Paraguay 8,190 8,154 9,000 9,170 9,170

5,086 Canada 5,359 6,049 6,235 6,000 6,000

15,956 Other 15,997 19,234 18,895 20,669 21,029

268,532 Total 282,463 319,780 313,197 333,219 336,087

Imports none

59,865 China 70,364 78,350 83,230 86,000 86,000

12,538 European Union 13,293 13,421 14,600 13,000 13,000

3,409 Mexico 3,842 3,819 4,126 4,200 4,300

2,830 Japan 2,894 3,004 3,186 3,100 3,100

1,867 Thailand 1,798 2,411 2,798 2,650 2,650

2,286 Taiwan 2,335 2,520 2,550 2,600 2,600

1,730 Egypt 1,694 1,947 1,300 2,400 2,400

1,795 Indonesia 2,241 2,006 2,250 2,400 2,400

1,249 Turkey 1,608 2,197 2,283 2,250 2,250

126 Iran 301 1,311 1,864 2,120 2,120

9,502 Other 12,700 12,884 14,772 15,503 15,393

97,197 Total 113,070 123,870 132,959 136,223 136,213

Exports none

41,904 Brazil 46,829 50,612 54,383 58,400 58,400

36,129 United States 44,594 50,143 52,688 55,112 55,792

7,738 Argentina 7,842 10,573 9,920 9,650 9,250

5,518 Paraguay 4,800 4,488 5,300 5,300 5,300

3,470 Canada 3,469 3,854 4,258 4,000 4,000

6,043 Other 5,143 6,548 5,593 6,317 6,417

100,802 Total 112,677 126,218 132,142 138,779 139,159

Crush none

64,950 China 68,850 74,500 81,300 86,500 86,500

45,967 United States 47,192 50,975 51,335 53,070 52,526

33,611 Argentina 36,173 40,017 43,230 44,300 44,300

35,235 Brazil 36,861 40,435 39,901 40,500 40,500

12,500 European Union 13,400 13,600 14,800 13,800 13,800

10,000 India 8,200 6,800 5,950 7,600 7,600

3,650 Mexico 4,030 4,175 4,400 4,500 4,650

2,220 Russia 3,400 3,650 4,050 4,000 4,150

2,950 Paraguay 3,350 3,650 3,700 3,800 3,800

2,175 Bolivia 2,250 2,500 2,800 2,800 2,800

1,710 Egypt 1,680 1,950 1,200 2,400 2,400

300 Iran 450 1,450 2,100 2,300 2,300

1,920 Taiwan 1,925 2,100 2,150 2,250 2,250

1,915 Japan 1,969 2,150 2,283 2,200 2,200

1,500 Thailand 1,500 1,825 2,400 2,200 2,200

9,979 Other 11,068 13,459 14,580 16,268 16,198

230,582 Total 242,298 263,236 276,179 288,488 288,174

Ending Stocks none

19,472 Argentina 25,271 31,916 31,850 30,300 31,150

15,355 Brazil 16,020 19,503 18,629 18,479 18,479

12,348 China 13,848 17,009 16,910 13,664 14,460

3,825 United States 2,504 5,188 5,363 10,739 13,075

736 European Union 623 689 1,015 890 890

3,447 Other 3,634 4,294 3,304 3,288 3,472

55,183 Total 61,900 78,599 77,071 77,360 81,526

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

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 08: Soybean Meal: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

51,440 China 54,531 59,004 64,390 68,508 68,508

36,174 United States 36,909 40,880 40,525 41,980 41,559

26,089 Argentina 27,892 30,928 33,150 34,350 34,350

27,310 Brazil 28,540 31,300 30,880 31,350 31,350

9,875 European Union 10,586 10,744 11,692 10,902 10,902

8,000 India 6,560 5,440 4,760 6,080 6,080

2,890 Mexico 3,185 3,300 3,480 3,560 3,675

19,414 Other 21,692 25,732 27,735 29,953 30,060

181,192 Total 189,895 207,328 216,612 226,683 226,484

Imports none

16,941 European Union 18,137 19,158 19,300 21,150 20,950

2,981 Vietnam 3,344 4,502 4,750 5,200 5,200

3,367 Indonesia 3,983 3,844 4,275 4,700 4,700

2,874 Thailand 2,665 3,068 2,433 3,150 3,150

1,969 Philippines 2,338 2,205 2,550 2,800 2,750

1,295 Mexico 1,410 1,795 2,367 2,600 2,500

1,654 Korea, South 1,825 1,751 2,118 1,950 1,950

1,765 Japan 1,976 1,699 1,721 1,900 1,800

1,276 Malaysia 1,397 1,465 1,400 1,650 1,650

1,333 Algeria 1,441 1,101 1,450 1,550 1,550

18,383 Other 19,409 19,769 19,876 19,807 19,606

53,838 Total 57,925 60,357 62,240 66,457 65,806

Exports none

23,667 Argentina 24,972 28,575 30,325 32,800 32,700

13,242 Brazil 13,948 14,390 15,407 15,800 15,500

10,111 United States 10,504 11,891 10,853 11,158 10,886

2,149 Paraguay 2,504 2,530 2,665 2,710 2,710

1,365 China 2,017 1,595 1,909 1,900 1,900

7,399 Other 6,263 5,033 4,423 5,036 5,126

57,933 Total 60,208 64,014 65,582 69,404 68,822

Domestic Consumption none

50,091 China 52,534 57,467 62,505 66,638 66,638

26,242 European Union 28,442 29,542 30,792 31,692 31,442

26,307 United States 26,775 29,282 30,035 31,117 30,935

14,800 Brazil 15,100 15,700 16,200 16,600 16,750

4,250 Mexico 4,575 5,100 5,775 6,150 6,175

3,600 Vietnam 4,100 4,750 5,470 5,940 5,940

3,536 India 3,720 4,740 4,747 4,970 4,970

4,150 Thailand 4,250 4,350 4,450 4,800 4,800

3,430 Indonesia 3,825 4,100 4,325 4,700 4,700

3,211 Japan 3,434 3,361 3,453 3,565 3,420

2,300 Russia 2,700 2,850 3,150 3,350 3,420

2,650 Iran 2,900 3,050 3,180 3,340 3,340

2,220 Egypt 2,450 2,650 2,950 3,200 3,200

2,050 Philippines 2,200 2,350 2,585 2,900 2,800

1,850 Argentina 2,100 2,402 2,625 2,480 2,775

26,993 Other 27,881 30,490 32,170 34,083 33,893

177,680 Total 186,986 202,184 214,412 225,525 225,198

Ending Stocks none

3,253 Argentina 4,073 4,025 4,225 3,417 3,100

2,966 Brazil 2,484 3,712 3,010 1,980 2,130

487 India 592 227 138 340 348

50 Philippines 255 185 244 252 281

250 United States 227 236 239 272 272

3,008 Other 3,009 3,742 3,129 3,323 3,124

10,014 Total 10,640 12,127 10,985 9,584 9,255

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

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

MY and Bolivia is on a March/February MY.

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 09: Soybean Oil: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

11,626 China 12,335 13,347 14,569 15,501 15,501

8,990 United States 9,131 9,706 9,956 10,217 10,110

6,364 Argentina 6,785 7,687 8,430 8,440 8,440

6,760 Brazil 7,070 7,760 7,660 7,750 7,750

2,375 European Union 2,546 2,584 2,812 2,622 2,622

1,780 India 1,460 1,210 1,059 1,353 1,353

653 Mexico 720 745 785 800 830

4,569 Other 5,090 6,021 6,486 7,021 7,047

43,117 Total 45,137 49,060 51,757 53,704 53,653

Imports none

1,086 India 1,830 2,799 4,360 3,600 4,000

1,409 China 1,353 773 586 820 820

575 Algeria 629 605 715 620 630

400 Bangladesh 443 511 629 560 560

364 Morocco 444 432 465 470 470

363 Peru 355 395 400 410 410

324 Egypt 230 480 700 400 400

216 Colombia 288 304 350 345 360

543 Iran 551 421 299 400 360

194 Mexico 201 253 282 285 285

3,030 Other 2,957 3,020 3,053 3,182 3,096

8,504 Total 9,281 9,993 11,839 11,092 11,391

Exports none

4,244 Argentina 4,087 5,094 5,700 5,610 5,610

1,251 Brazil 1,378 1,510 1,550 1,500 1,500

981 United States 852 914 1,016 1,021 975

1,011 European Union 766 1,010 950 900 950

558 Paraguay 650 690 700 710 710

129 Russia 332 423 431 450 450

285 Bolivia 371 389 420 415 420

899 Other 1,023 1,059 1,039 1,122 1,117

9,358 Total 9,459 11,089 11,806 11,728 11,732

Domestic Consumption none

12,545 China 13,650 14,200 15,250 16,200 16,200

8,522 United States 8,576 8,600 9,133 9,320 9,275

5,534 Brazil 5,705 6,265 6,265 6,320 6,320

2,960 India 3,309 4,056 5,200 5,000 5,400

2,275 Argentina 2,729 2,501 2,755 2,815 2,815

1,900 European Union 1,950 1,950 2,000 1,950 2,030

860 Mexico 890 1,001 1,060 1,075 1,110

475 Bangladesh 530 650 715 825 825

600 Iran 630 700 730 820 800

582 Egypt 497 762 890 760 760

540 Algeria 615 640 670 630 675

46 Pakistan 107 245 435 630 595

374 Morocco 440 445 460 475 475

445 Korea, South 440 435 448 475 465

283 Colombia 340 380 420 450 460

4,748 Other 4,818 5,097 5,201 5,444 5,403

42,689 Total 45,226 47,927 51,632 53,189 53,608

Ending Stocks none

751 United States 529 841 779 782 752

1,021 China 965 778 587 628 598

266 India 246 199 415 308 368

258 Argentina 236 350 325 310 340

207 European Union 366 243 430 351 322

1,423 Other 1,317 1,285 1,318 1,199 1,178

3,926 Total 3,659 3,696 3,854 3,578 3,558

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

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 10: Soybeans and Products: World Trade

Thousand Metric Tons

Marketing Year

Meal, Soybean Oil, Soybean Oilseed, Soybean

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Exports

North America 12,118 11,201 11,101 1,035 1,170 1,118 53,997 56,946 59,792

Canada (Aug-Jul) 212 334 200 118 151 140 3,854 4,258 4,000

United States (Sep-Aug) 11,891 10,853 10,886 914 1,016 975 50,143 52,688 55,792

South America 47,189 50,277 52,794 7,683 8,371 8,240 68,799 71,632 75,904

Argentina (Oct-Sep) 28,575 30,325 32,700 5,094 5,700 5,610 10,573 9,920 9,250

Brazil (Oct-Sep) 14,390 15,407 15,500 1,510 1,550 1,500 50,612 54,383 58,400

Paraguay (Mar-Feb) 2,530 2,665 2,710 690 700 710 4,488 5,300 5,300

South Asia 1,076 159 909 0 3 0 234 135 150

India (Oct-Sep) 1,072 150 900 0 3 0 234 135 150

Other 3,631 3,945 4,018 2,371 2,262 2,374 3,188 3,429 3,313

World Total 64,014 65,582 68,822 11,089 11,806 11,732 126,218 132,142 139,159

Imports

European Union (Oct-Sep) 19,158 19,300 20,950 253 325 250 13,421 14,600 13,000

East Asia 3,591 3,916 3,855 1,160 962 1,230 85,129 90,343 93,085

China (Oct-Sep) 58 24 30 773 586 820 78,350 83,230 86,000

Japan (Oct-Sep) 1,699 1,721 1,800 6 7 8 3,004 3,186 3,100

Korea, South (Oct-Sep) 1,751 2,118 1,950 257 250 280 1,246 1,374 1,375

Taiwan (Oct-Sep) 51 35 45 5 0 0 2,520 2,550 2,600

Southeast Asia 15,106 15,430 17,472 321 357 319 6,909 7,418 7,710

Indonesia (Oct-Sep) 3,844 4,275 4,700 23 23 22 2,006 2,250 2,400

Malaysia (Oct-Sep) 1,465 1,400 1,650 126 145 125 643 820 750

Philippines (Jan-Dec) 2,205 2,550 2,750 42 43 45 119 180 140

Thailand (Sep-Aug) 3,068 2,433 3,150 5 4 4 2,411 2,798 2,650

Vietnam (Jan-Dec) 4,502 4,750 5,200 98 120 100 1,707 1,350 1,750

North America 3,030 3,522 3,615 407 431 418 5,062 5,074 5,467

Canada (Aug-Jul) 933 789 820 34 18 20 339 308 350

Mexico (Sep-Aug) 1,795 2,367 2,500 253 282 285 3,819 4,126 4,300

South America 5,025 4,735 4,929 1,317 1,225 1,247 1,434 2,103 1,778

Brazil (Oct-Sep) 18 25 20 11 65 40 305 410 350

Colombia (Oct-Sep) 1,148 1,200 1,250 304 350 360 552 560 600

Central America 1,069 1,182 1,263 157 161 172 316 335 343

Caribbean 1,048 988 1,057 294 304 309 83 105 115

Middle East 4,351 4,045 4,310 498 392 458 4,795 5,332 5,705

Iran (Oct-Sep) 1,948 1,420 1,550 421 299 360 1,311 1,864 2,120

Israel (Oct-Sep) 128 120 140 12 12 10 369 370 390

Syria (Jan-Dec) 139 135 130 0 0 0 54 55 55

Turkey (Oct-Sep) 464 650 600 0 0 0 2,197 2,283 2,250

North Africa 2,996 4,645 3,675 1,641 2,020 1,640 2,564 1,875 3,055

Egypt (Oct-Sep) 1,091 2,300 1,200 480 700 400 1,947 1,300 2,400

Other 4,983 4,477 4,680 3,945 5,662 5,348 4,157 5,774 5,955

World Total 60,357 62,240 65,806 9,993 11,839 11,391 123,870 132,959 136,213

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 11: Palm Oil: World Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

Production none

28,500 Indonesia 30,500 33,000 32,000 35,000 35,000

19,321 Malaysia 20,161 19,879 17,700 20,000 20,000

2,135 Thailand 2,000 2,068 2,100 2,300 2,300

974 Colombia 1,041 1,110 1,273 1,280 1,280

970 Nigeria 970 970 970 970 970

4,477 Other 4,602 4,606 4,799 4,945 4,945

56,377 Total 59,274 61,633 58,842 64,495 64,495

Imports none

8,364 India 7,820 9,256 8,735 10,250 10,000

6,812 European Union 6,969 6,718 6,700 6,600 6,600

6,589 China 5,573 5,696 4,689 5,150 5,100

2,245 Pakistan 2,725 2,826 3,000 3,300 3,300

969 Egypt 1,075 1,489 1,350 1,600 1,600

1,030 Bangladesh 1,232 1,280 1,500 1,500 1,500

1,293 United States 1,220 1,143 1,314 1,225 1,270

619 Burma 645 797 850 900 900

957 Malaysia 358 991 950 800 800

806 Russia 646 854 890 800 800

12,449 Other 13,729 13,573 13,452 14,493 14,469

42,133 Total 41,992 44,623 43,430 46,618 46,339

Exports none

20,373 Indonesia 21,719 25,964 24,000 26,000 26,000

18,524 Malaysia 17,344 17,378 16,620 17,500 17,500

430 Benin 600 500 550 580 580

564 Papua New Guinea 537 602 615 560 560

346 Guatemala 411 453 470 485 485

2,911 Other 2,596 2,562 2,579 2,637 2,681

43,148 Total 43,207 47,459 44,834 47,762 47,806

Domestic Consumption none

8,250 India 8,452 9,250 9,200 10,400 10,200

8,035 Indonesia 8,750 7,420 8,570 9,100 9,100

6,560 European Union 6,850 6,730 6,600 6,520 6,520

6,389 China 5,700 5,700 4,800 5,150 5,050

2,285 Pakistan 2,490 2,690 3,045 3,245 3,245

2,451 Malaysia 2,869 2,941 3,124 3,170 3,170

1,710 Thailand 1,880 1,965 2,055 2,185 2,185

1,180 Egypt 1,200 1,505 1,380 1,600 1,600

1,405 Nigeria 1,470 1,470 1,500 1,530 1,530

1,030 Bangladesh 1,215 1,275 1,400 1,500 1,500

1,238 United States 1,207 1,091 1,275 1,271 1,285

876 Colombia 903 923 985 1,040 1,040

596 Burma 659 752 860 900 900

400 Philippines 600 774 800 850 850

670 Russia 750 805 860 810 825

12,346 Other 13,055 13,100 13,489 14,030 14,000

55,421 Total 58,050 58,391 59,943 63,301 63,000

Ending Stocks none

3,152 Indonesia 3,210 2,834 2,264 2,164 2,164

1,784 Malaysia 2,090 2,641 1,547 1,677 1,677

921 India 460 646 381 546 381

111 Pakistan 296 382 287 292 292

156 Thailand 78 205 230 270 270

3,160 Other 3,159 2,991 2,485 2,364 2,438

9,284 Total 9,293 9,699 7,194 7,313 7,222

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 17: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 12: Rapeseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Meal, Rapeseed Oil, Rapeseed Oilseed, Rapeseed

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

China (Oct-Sep) 10,890 11,009 9,998 7,137 7,215 6,552 14,772 14,931 13,500

India (Oct-Sep) 2,507 2,985 3,403 1,596 1,900 2,166 5,080 5,920 6,800

Canada (Aug-Jul) 4,150 4,665 4,680 3,230 3,625 3,635 16,410 18,376 18,500

Japan (Oct-Sep) 1,392 1,360 1,360 1,074 1,060 1,075 3 3 3

European Union (Jul-Jun) 14,458 13,851 13,224 10,603 10,157 9,698 24,587 22,199 20,000

Other 5,732 5,331 5,235 3,994 3,748 3,668 10,602 8,810 9,011

World Total 39,129 39,201 37,900 27,634 27,705 26,794 71,454 70,239 67,814

Imports

China (Oct-Sep) 142 359 100 732 768 700 4,591 4,011 3,800

India (Oct-Sep) 0 0 0 383 350 400 11 0 0

Canada (Aug-Jul) 23 15 17 32 46 35 77 104 100

Japan (Oct-Sep) 11 15 25 20 16 18 2,489 2,387 2,450

European Union (Jul-Jun) 453 408 400 261 197 300 2,317 3,494 3,500

Other 5,405 4,976 5,029 2,529 2,686 2,677 4,873 4,235 4,266

World Total 6,034 5,773 5,571 3,957 4,063 4,130 14,358 14,231 14,116

Exports

China (Oct-Sep) 0 114 50 6 3 5 0 1 0

India (Oct-Sep) 843 250 350 2 2 2 0 0 0

Canada (Aug-Jul) 3,638 4,035 4,075 2,409 2,766 2,880 9,216 10,278 9,700

Japan (Oct-Sep) 53 8 25 1 1 1 0 0 0

European Union (Jul-Jun) 414 470 400 356 344 300 588 349 400

Other 906 713 660 1,295 1,022 923 5,266 4,057 3,982

World Total 5,854 5,590 5,560 4,069 4,138 4,111 15,070 14,685 14,082

Domestic Consumption

China (Oct-Sep) 11,032 11,254 10,048 7,750 8,300 8,100 18,900 19,100 17,400

India (Oct-Sep) 1,700 2,700 3,015 2,080 2,280 2,535 5,150 5,950 6,700

Canada (Aug-Jul) 527 603 642 666 808 785 7,737 8,729 8,750

Japan (Oct-Sep) 1,349 1,360 1,360 1,058 1,097 1,090 2,478 2,419 2,455

European Union (Jul-Jun) 14,450 13,850 13,150 10,350 10,150 9,750 26,315 25,200 24,100

Other 10,264 9,608 9,636 5,242 5,462 5,450 10,177 9,155 9,246

World Total 39,322 39,375 37,851 27,146 28,097 27,710 70,757 70,553 68,651

Ending Stocks

China (Oct-Sep) 0 0 0 4,164 3,844 2,991 1,499 1,340 1,240

India (Oct-Sep) 105 140 178 124 92 121 339 309 409

Canada (Aug-Jul) 99 141 121 398 495 500 2,542 2,015 2,165

Japan (Oct-Sep) 16 23 23 160 138 140 96 67 65

European Union (Jul-Jun) 220 159 233 438 298 246 1,891 2,035 1,035

Other 190 176 144 424 374 346 960 793 842

World Total 630 639 699 5,708 5,241 4,344 7,327 6,559 5,756

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 18: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 13: Sunflowerseed and Products: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oilseed, Sunflowerseed Meal, Sunflowerseed Oil, Sunflowerseed

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

Argentina (Mar-Feb) 3,160 2,700 3,300 1,147 1,189 1,290 1,151 1,180 1,260

Russia (Sep-Aug) 8,374 9,173 10,000 3,345 3,510 3,900 3,366 3,530 3,924

Turkey (Sep-Aug) 1,200 1,000 1,200 850 685 750 731 589 645

Ukraine (Sep-Aug) 10,200 11,900 13,500 4,223 4,797 5,392 4,429 5,031 5,655

European Union (Oct-Sep) 9,000 7,611 8,200 4,154 3,882 4,018 3,232 3,021 3,127

Other 7,490 7,977 7,532 2,387 2,471 2,464 2,077 2,139 2,127

World Total 39,424 40,361 43,732 16,106 16,534 17,814 14,986 15,490 16,738

Imports

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

Russia (Sep-Aug) 88 121 50 3 7 5 3 3 10

Turkey (Sep-Aug) 470 396 350 773 801 880 814 686 890

Ukraine (Sep-Aug) 15 22 15 6 1 0 2 1 2

European Union (Oct-Sep) 266 580 400 3,210 3,330 3,850 823 1,350 1,300

Other 640 504 522 1,518 1,901 1,949 4,494 5,079 5,413

World Total 1,480 1,623 1,337 5,510 6,040 6,684 6,136 7,119 7,615

Exports

Argentina (Mar-Feb) 63 300 118 556 660 580 502 600 550

Russia (Sep-Aug) 61 104 120 1,333 1,211 1,550 1,456 1,540 1,850

Turkey (Sep-Aug) 28 42 20 7 4 0 632 583 550

Ukraine (Sep-Aug) 45 83 150 3,394 3,817 4,700 3,872 4,500 5,000

European Union (Oct-Sep) 519 380 350 302 215 200 419 360 350

Other 947 923 873 277 233 239 503 511 503

World Total 1,663 1,832 1,631 5,869 6,140 7,269 7,384 8,094 8,803

Domestic Consumption

Argentina (Mar-Feb) 2,800 2,884 3,054 600 600 650 696 725 744

Russia (Sep-Aug) 8,670 9,070 10,020 2,050 2,200 2,450 1,950 1,950 2,060

Turkey (Sep-Aug) 1,706 1,376 1,506 1,600 1,500 1,630 980 970 980

Ukraine (Sep-Aug) 10,460 11,860 13,310 750 850 900 570 575 590

European Union (Oct-Sep) 8,660 8,170 8,420 7,100 7,000 7,650 3,700 3,840 4,190

Other 7,164 7,404 7,265 3,676 4,103 4,191 6,323 6,951 7,138

World Total 39,460 40,764 43,575 15,776 16,253 17,471 14,219 15,011 15,702

Ending Stocks

Argentina (Mar-Feb) 1,038 554 682 108 37 97 379 234 200

Russia (Sep-Aug) 135 255 165 193 299 204 49 92 116

Turkey (Sep-Aug) 75 53 77 154 136 136 331 53 58

Ukraine (Sep-Aug) 122 101 156 470 601 393 163 120 187

European Union (Oct-Sep) 974 615 445 150 147 165 225 396 283

Other 424 578 494 84 120 103 901 657 556

World Total 2,768 2,156 2,019 1,159 1,340 1,098 2,048 1,552 1,400

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 19: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 14: Minor Vegetable Oils: World Supply and Distribution

Thousand Metric Tons

Marketing Year

Oil, Peanut Oil, Cottonseed Oil, Olive

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

China (Oct-Sep) 2,686 2,784 2,928 1,396 1,222 1,142 3 5 5

India (Oct-Sep) 1,055 835 961 1,320 1,256 1,234 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 157 182 170 143 177

United States (Aug-Jul) 97 103 121 277 211 272 5 5 5

European Union (Oct-Sep) 12 12 12 50 42 39 1,435 2,310 2,100

Other 1,579 1,589 1,600 1,896 1,571 1,669 786 609 535

World Total 5,436 5,330 5,629 5,124 4,459 4,538 2,399 3,072 2,822

Imports

China (Oct-Sep) 141 113 130 0 0 0 37 40 40

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

Turkey (Nov-Oct) 0 0 0 0 0 0 3 1 1

United States (Aug-Jul) 14 42 29 8 3 9 310 330 319

European Union (Oct-Sep) 71 65 65 1 2 1 253 95 100

Other 19 19 19 57 41 48 303 311 310

World Total 245 239 243 66 46 58 906 777 770

Exports

China (Oct-Sep) 8 10 6 9 1 5 0 0 0

India (Oct-Sep) 15 13 20 1 0 0 nr nr nr

Turkey (Nov-Oct) 0 0 0 1 1 1 16 15 55

United States (Aug-Jul) 9 5 5 54 25 45 8 8 8

European Union (Oct-Sep) 4 5 5 0 0 0 565 640 650

Other 208 210 190 73 49 48 406 205 144

World Total 244 243 226 138 76 99 995 868 857

Domestic Consumption

China (Oct-Sep) 2,819 2,887 3,052 1,387 1,221 1,137 40 45 45

India (Oct-Sep) 1,076 834 935 1,295 1,275 1,202 nr nr nr

Turkey (Nov-Oct) 7 7 7 185 155 175 125 125 125

United States (Aug-Jul) 102 140 143 245 193 236 307 327 316

European Union (Oct-Sep) 79 72 72 51 44 40 1,490 1,590 1,620

Other 1,401 1,415 1,429 1,891 1,624 1,674 690 720 714

World Total 5,484 5,355 5,638 5,054 4,512 4,464 2,652 2,807 2,820

Ending Stocks

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

India (Oct-Sep) 131 119 125 82 63 95 nr nr nr

Turkey (Nov-Oct) 0 0 0 6 7 13 48 52 50

United States (Aug-Jul) 9 9 11 27 23 23 0 0 0

European Union (Oct-Sep) 3 3 3 0 0 0 112 287 217

Other 36 19 19 111 50 45 147 142 129

World Total 179 150 158 226 143 176 307 481 396

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 20: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 15: World Oilseeds and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Major Oilseeds

337.93 29.2566.80451.3864.0749.38212.35 2003/04 338.23 46.36

383.05 30.8074.35502.1372.7246.36218.99 2004/05 368.00 59.78

394.44 31.9475.82529.6075.3959.78220.70 2005/06 387.01 66.78

405.73 31.8083.12553.3380.8366.78223.24 2006/07 394.70 75.51

391.28 31.7391.38557.2290.4375.51219.37 2007/08 402.69 63.15

399.08 33.7494.65556.7694.5363.15230.56 2008/09 404.58 57.52

447.18 34.91106.99607.28102.5857.52235.84 2009/10 425.49 74.80

461.01 36.31109.12640.75104.9374.80245.13 2010/11 446.59 85.04

447.39 36.49111.68645.52113.0985.04247.96 2011/12 467.35 66.49

474.53 36.73118.51655.72114.7066.49255.58 2012/13 469.44 67.77

503.53 37.69133.62704.76133.4567.77259.57 2013/14 493.49 77.65

536.87 38.78147.06757.58143.0677.65264.21 2014/15 517.26 93.26

522.07 39.98153.17768.08152.7593.26262.70 2015/16 525.98 88.93

551.23 40.95159.74795.88155.7388.93265.38 2016/17 543.28 92.87

Major Protein Meals

190.94 0.3359.04255.7857.827.02nr 2003/04 189.11 7.62

206.01 0.3561.20273.0959.467.62nr 2004/05 204.22 7.68

216.85 0.3666.30290.2165.687.68nr 2005/06 215.21 8.70

223.79 0.3569.00299.7967.308.70nr 2006/07 220.87 9.91

231.65 0.4072.17311.9670.409.91nr 2007/08 229.83 9.96

229.15 0.3969.43307.5068.409.96nr 2008/09 230.42 7.65

244.12 0.4172.29322.1270.357.65nr 2009/10 240.47 9.36

256.63 0.4477.43340.9975.009.36nr 2010/11 251.53 12.04

267.32 0.4880.38358.4479.0812.04nr 2011/12 264.20 13.86

268.34 0.5078.64356.5774.3713.86nr 2012/13 265.37 12.57

282.32 0.5282.40375.2580.3612.57nr 2013/14 279.14 13.72

299.41 0.5485.46394.8681.7413.72nr 2014/15 294.32 15.09

306.81 0.5586.82405.7383.8315.09nr 2015/16 305.00 13.91

317.91 0.6191.66419.9888.1513.91nr 2016/17 316.36 11.96

Major Vegetable Oils

103.22 87.3339.93151.2637.7710.2712.19 2003/04 100.66 10.67

112.01 91.8043.84163.7041.0310.6712.85 2004/05 107.58 12.29

119.75 95.0448.60176.9644.9312.2913.60 2005/06 114.32 14.04

122.61 97.4350.61184.7748.1214.0414.19 2006/07 119.83 14.33

129.64 100.3454.72195.3051.3314.3314.72 2007/08 126.01 14.58

134.76 103.4356.87204.3154.9714.5815.59 2008/09 131.81 15.63

142.31 107.8359.01214.8856.9415.6316.36 2009/10 139.01 16.86

149.04 111.6160.61224.5958.6816.8617.05 2010/11 145.31 18.67

158.20 115.9464.77239.1262.2618.6717.63 2011/12 152.14 22.22

161.43 121.3368.42249.2565.6022.2218.37 2012/13 158.90 21.92

171.66 126.5470.07260.9567.3721.9219.11 2013/14 167.57 23.31

176.98 131.0776.54270.9770.6823.3119.77 2014/15 171.46 22.98

177.11 135.6174.70271.8271.7422.9820.37 2015/16 177.68 19.45

185.72 140.5678.58280.1574.9819.4520.80 2016/17 183.50 18.07

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 21: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 16: World Soybeans and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

186.76 163.5256.05283.3654.0442.5688.58 2003/04 188.90 38.41

215.86 175.2464.75317.8463.5638.4193.35 2004/05 204.40 48.68

221.20 186.0463.85333.9864.1048.6893.02 2005/06 215.95 54.17

235.70 195.2271.14358.9269.0554.1794.77 2006/07 224.63 63.15

218.97 202.5578.32360.8078.6863.1590.93 2007/08 229.86 52.62

212.04 194.0277.21342.5677.9052.6296.44 2008/09 222.33 43.02

260.48 210.2291.44391.0287.5243.02102.56 2009/10 239.24 60.34

264.29 222.0391.71414.3989.7660.34103.37 2010/11 252.64 70.05

240.56 229.2792.19405.1694.5570.05102.97 2011/12 260.10 52.87

268.53 230.58100.80418.6097.2052.87109.91 2012/13 262.62 55.18

282.46 242.30112.68450.72113.0755.18112.39 2013/14 276.14 61.90

319.78 263.24126.22505.55123.8761.90118.24 2014/15 300.73 78.60

313.20 276.18132.14524.76132.9678.60120.01 2015/16 315.54 77.07

336.09 288.17139.16549.37136.2177.07121.99 2016/17 328.69 81.53

Meal, Soybean

128.90 163.5346.08179.3444.935.52nr 2003/04 127.61 5.66

138.58 175.2647.70190.2446.005.66nr 2004/05 136.68 5.86

146.48 186.0552.25203.7251.385.86nr 2005/06 145.18 6.29

153.55 195.2454.70212.5852.746.29nr 2006/07 150.47 7.41

158.95 202.5756.07221.1454.787.41nr 2007/08 157.42 7.66

152.35 194.0452.84211.6851.677.66nr 2008/09 153.90 4.93

165.52 210.2455.61223.9053.454.93nr 2009/10 161.61 6.69

174.82 222.0558.54238.3756.866.69nr 2010/11 170.90 8.93

180.91 229.3258.23246.8457.008.93nr 2011/12 178.01 10.60

181.19 230.6357.93245.6353.8410.60nr 2012/13 177.68 10.01

189.90 242.3460.21257.8357.9310.01nr 2013/14 186.99 10.64

207.33 263.2864.01278.3360.3610.64nr 2014/15 202.18 12.13

216.61 276.2765.58290.9862.2412.13nr 2015/16 214.41 10.99

226.48 288.2768.82303.2865.8110.99nr 2016/17 225.20 9.26

Oil, Soybean

30.23 163.528.7041.768.393.14nr 2003/04 30.30 2.76

32.56 175.249.0644.178.862.76nr 2004/05 31.82 3.29

34.87 186.049.7947.239.083.29nr 2005/06 33.54 3.90

36.36 195.2210.5650.249.973.90nr 2006/07 35.63 4.04

37.79 202.5510.8852.2310.404.04nr 2007/08 37.52 3.83

35.99 194.029.1848.999.173.83nr 2008/09 36.40 3.41

38.91 210.229.1751.058.733.41nr 2009/10 38.24 3.64

41.44 222.039.6654.589.513.64nr 2010/11 40.57 4.35

42.85 229.278.5255.187.984.35nr 2011/12 42.30 4.35

43.12 230.589.3655.978.504.35nr 2012/13 42.69 3.93

45.14 242.309.4658.349.283.93nr 2013/14 45.23 3.66

49.06 263.2411.0962.719.993.66nr 2014/15 47.93 3.70

51.76 276.1811.8167.2911.843.70nr 2015/16 51.63 3.85

53.65 288.1711.7368.9011.393.85nr 2016/17 53.61 3.56

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 22: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 17: World Rapeseed and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oilseed, Rapeseed

39.46 0.425.5346.815.152.2025.49 2003/04 38.90 2.38

46.24 0.544.9153.645.022.3826.88 2004/05 43.41 5.32

48.93 0.556.9860.976.715.3227.36 2005/06 48.21 5.78

45.81 0.576.6558.637.045.7826.76 2006/07 46.75 5.23

48.37 0.488.1861.177.575.2328.66 2007/08 49.25 3.74

58.01 0.4212.2073.9312.193.7431.02 2008/09 54.80 6.94

61.02 0.4910.9078.7910.836.9430.85 2009/10 59.69 8.20

60.95 0.5310.9379.3310.188.2033.71 2010/11 60.19 8.21

61.65 0.5812.9983.1013.258.2133.51 2011/12 63.77 6.34

64.06 0.6212.5683.2412.836.3436.05 2012/13 65.83 4.84

71.67 0.6515.1092.0615.564.8436.00 2013/14 69.62 7.34

71.45 0.6515.0793.1514.367.3435.52 2014/15 70.76 7.33

70.24 0.6514.6991.8014.237.3334.10 2015/16 70.55 6.56

67.81 0.7014.0888.4914.126.5633.66 2016/17 68.65 5.76

Meal, Rapeseed

21.33 0.002.4924.152.510.32nr 2003/04 21.18 0.49

23.71 0.002.2426.492.290.49nr 2004/05 23.91 0.34

26.21 0.002.5129.182.630.34nr 2005/06 26.09 0.58

25.59 0.002.9629.383.210.58nr 2006/07 25.98 0.44

27.24 0.003.7031.553.880.44nr 2007/08 27.50 0.35

30.36 0.003.6134.493.770.35nr 2008/09 30.50 0.38

33.03 0.003.6137.273.870.38nr 2009/10 32.92 0.73

33.39 0.005.2039.385.260.73nr 2010/11 33.56 0.62

35.25 0.005.4541.355.490.62nr 2011/12 35.16 0.74

36.50 0.005.5442.815.570.74nr 2012/13 36.64 0.63

38.74 0.006.0845.836.460.63nr 2013/14 39.11 0.64

39.13 0.005.8545.816.030.64nr 2014/15 39.32 0.63

39.20 0.005.5945.605.770.63nr 2015/16 39.38 0.64

37.90 0.005.5644.115.570.64nr 2016/17 37.85 0.70

Oil, Rapeseed

14.45 12.811.3316.531.360.72nr 2003/04 14.70 0.51

16.10 13.141.2917.811.200.51nr 2004/05 15.82 0.70

18.03 13.701.6520.201.480.70nr 2005/06 17.60 0.96

17.82 13.272.0020.992.210.96nr 2006/07 18.24 0.75

18.96 13.531.9121.762.040.75nr 2007/08 18.81 1.05

21.23 14.532.4724.752.471.05nr 2008/09 21.11 1.17

23.27 15.262.7527.392.951.17nr 2009/10 22.78 1.86

23.55 15.893.4328.773.371.86nr 2010/11 23.44 1.90

24.83 16.473.9830.784.051.90nr 2011/12 23.84 2.95

25.69 17.003.9532.583.932.95nr 2012/13 24.29 4.34

27.26 18.133.8335.433.834.34nr 2013/14 26.27 5.33

27.63 18.694.0736.923.965.33nr 2014/15 27.15 5.71

27.71 19.764.1437.484.065.71nr 2015/16 28.10 5.24

26.79 19.664.1136.174.135.24nr 2016/17 27.71 4.34

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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Table 18: World Sunflower and Products Supply and Distribution

Million Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Exports Domestic

Consumpti

Ending

Stocks

Oilseed, Sunflowerseed

26.59 3.3025.752.262.192.5423.01 2003/04

25.39 2.8925.711.231.143.3020.69 2004/05

29.92 3.4429.251.521.402.8922.72 2005/06

30.08 4.0329.351.911.783.4423.44 2006/07

27.37 3.7227.461.461.244.0321.29 2007/08

32.98 3.9032.532.151.883.7223.94 2008/09

31.55 2.6932.701.551.493.9022.99 2009/10

32.72 2.4732.741.781.582.6923.11 2010/11

38.65 2.5838.261.931.662.4724.58 2011/12

34.99 2.7734.671.451.322.5823.49 2012/13

41.60 2.9940.971.961.542.7724.02 2013/14

39.42 2.7739.461.661.482.9923.28 2014/15

40.36 2.1640.761.831.622.7723.46 2015/16

43.73 2.0243.581.631.342.1624.69 2016/17

Meal, Sunflowerseed

10.34 0.1910.102.852.650.15nr 2003/04

10.27 0.2010.052.762.550.19nr 2004/05

11.68 0.3011.383.543.350.20nr 2005/06

11.81 0.2311.853.473.430.30nr 2006/07

11.08 0.3010.683.282.950.23nr 2007/08

13.03 0.7612.484.274.190.30nr 2008/09

13.31 0.8912.764.113.690.76nr 2009/10

13.21 0.9212.634.594.050.89nr 2010/11

15.57 1.3614.786.776.410.92nr 2011/12

14.09 0.6614.595.114.911.36nr 2012/13

16.87 1.1915.886.225.760.66nr 2013/14

16.11 1.1615.785.875.511.19nr 2014/15

16.53 1.3416.256.146.041.16nr 2015/16

17.81 1.1017.477.276.681.34nr 2016/17

Oil, Sunflowerseed

9.11 0.768.392.681.960.76nr 2003/04

9.19 0.998.542.582.170.76nr 2004/05

10.56 1.179.813.923.340.99nr 2005/06

10.72 1.0910.244.053.481.17nr 2006/07

10.18 1.159.353.532.761.09nr 2007/08

11.90 1.9010.774.554.171.15nr 2008/09

12.09 1.7311.624.503.861.90nr 2009/10

12.07 1.3711.754.543.851.73nr 2010/11

14.38 2.5712.576.485.871.37nr 2011/12

12.90 2.1112.985.575.192.57nr 2012/13

15.51 2.5314.307.786.982.11nr 2013/14

14.99 2.0514.227.386.142.53nr 2014/15

15.49 1.5515.018.097.122.05nr 2015/16

16.74 1.4015.708.807.621.55nr 2016/17

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

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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

Million Metric Tons

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Industrial

Dom.

Food Use

Dom.

Domestic

Consumpti

Ending

Stocks

Oil, Palm

21.99 23.115.1522.6155.5630.063.51 2003/04 28.77 4.18

24.46 25.026.3225.8262.2733.634.18 2004/05 31.87 4.58

26.31 25.917.0327.9966.9036.024.58 2005/06 33.48 5.43

27.42 27.667.6528.6570.4437.595.43 2006/07 35.81 5.98

31.09 30.358.9332.7878.5041.435.98 2007/08 39.85 5.87

34.16 32.1210.0435.2884.5044.465.87 2008/09 42.79 6.43

35.53 33.6910.4536.4488.3346.376.43 2009/10 44.78 7.11

36.67 35.2511.6937.2792.9749.197.11 2010/11 47.54 8.16

38.86 36.9012.7739.8299.5552.538.16 2011/12 50.38 9.34

42.13 40.1114.6243.15107.8556.389.34 2012/13 55.42 9.28

41.99 41.1116.2343.21110.5559.279.28 2013/14 58.05 9.29

44.62 42.9014.6647.46115.5561.639.29 2014/15 58.39 9.70

43.43 43.1515.9644.83111.9758.849.70 2015/16 59.94 7.19

46.34 45.4716.6647.81118.0364.507.19 2016/17 63.00 7.22

Oil, Coconut

1.68 1.741.411.795.583.270.63 2003/04 3.28 0.51

1.91 1.801.402.085.843.420.51 2004/05 3.29 0.47

2.04 1.781.432.055.853.340.47 2005/06 3.35 0.44

1.88 1.661.431.745.393.070.44 2006/07 3.18 0.47

1.91 1.771.511.935.783.400.47 2007/08 3.31 0.55

1.67 1.651.561.485.583.360.55 2008/09 3.24 0.86

2.30 2.081.682.176.633.470.86 2009/10 3.80 0.67

1.80 1.881.671.716.063.590.67 2010/11 3.59 0.76

1.84 1.941.551.865.993.390.76 2011/12 3.52 0.60

1.89 2.001.711.916.123.620.60 2012/13 3.75 0.47

1.74 1.801.581.735.593.380.47 2013/14 3.41 0.44

1.74 1.781.511.945.553.370.44 2014/15 3.32 0.29

1.62 1.721.541.645.223.310.29 2015/16 3.29 0.29

1.70 1.781.551.785.403.410.29 2016/17 3.36 0.26

Meal, Fish

3.12 0.000.053.209.265.540.60 2003/04 5.28 0.77

3.60 0.000.063.659.905.520.77 2004/05 5.60 0.66

3.05 0.000.052.768.554.840.66 2005/06 5.14 0.66

2.82 0.000.052.628.485.010.66 2006/07 4.97 0.90

3.15 0.000.052.879.115.070.90 2007/08 5.46 0.79

3.26 0.000.052.979.034.980.79 2008/09 5.40 0.66

2.77 0.000.052.337.484.050.66 2009/10 4.85 0.31

2.78 0.000.052.628.295.210.31 2010/11 4.91 0.76

3.04 0.000.052.698.094.280.76 2011/12 5.04 0.36

2.46 0.000.052.247.294.470.36 2012/13 4.51 0.54

2.74 0.000.052.347.253.970.54 2013/14 4.65 0.27

2.49 0.000.052.166.964.200.27 2014/15 4.64 0.16

2.48 0.000.052.016.784.140.16 2015/16 4.52 0.25

2.52 0.000.052.136.924.150.25 2016/17 4.55 0.24

Based on the aggregate of different marketing years.

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Major Oilseeds

76,605 45,53925,15882,9435035,83536,041 2003/04 53,633 4,152

95,941 50,16730,708100,7746814,15236,808 2004/05 61,777 8,289

95,671 51,89726,611104,6246648,28936,587 2005/06 63,812 14,201

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

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

89,201 49,34235,69497,4051,2956,90935,265 2008/09 56,091 5,620

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

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

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

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

99,016 51,45945,569107,8473,0685,76335,438 2013/14 58,325 3,953

116,029 55,11151,116121,8331,8513,95338,983 2014/15 63,962 6,755

115,879 55,07753,787123,7581,1246,75538,398 2015/16 63,094 6,877

128,681 57,08856,963137,2171,6596,87739,470 2016/17 65,628 14,626

Major Protein Meals

35,189 45,5394,94537,2801,845246nr 2003/04 32,062 273

39,240 50,1676,95441,0501,537273nr 2004/05 33,881 215

39,920 51,8977,60841,7981,663215nr 2005/06 33,829 361

41,440 53,4838,26443,5101,709361nr 2006/07 34,861 385

40,867 53,4958,70643,2441,992385nr 2007/08 34,204 334

37,721 49,3427,94039,8721,817334nr 2008/09 31,686 246

40,076 51,48310,30841,6661,344246nr 2009/10 31,017 341

38,055 49,3238,48840,6372,241341nr 2010/11 31,771 378

39,507 50,3169,17042,9173,032378nr 2011/12 33,411 336

38,689 50,25010,46142,4183,393336nr 2012/13 31,643 314

39,389 51,45910,80343,5013,798314nr 2013/14 32,407 291

43,271 55,11112,14447,4343,872291nr 2014/15 34,998 292

42,843 55,07711,21047,2064,071292nr 2015/16 35,693 303

44,238 57,08811,22848,5634,022303nr 2016/17 36,999 336

Major Vegetable Oils

8,772 45,53974011,6051,9119220 2003/04 10,070 795

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

10,436 51,89789913,9392,3791,1240 2005/06 11,243 1,797

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

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

9,666 49,3421,45714,3603,2301,4640 2008/09 11,166 1,737

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

9,774 49,3231,86115,3773,6121,9910 2010/11 11,793 1,723

10,033 50,3161,14615,5873,8311,7230 2011/12 12,874 1,567

10,227 50,2501,38715,5953,8011,5670 2012/13 13,064 1,144

10,424 51,4591,11615,5834,0151,1440 2013/14 13,495 972

10,936 55,1111,17516,1384,2309720 2014/15 13,677 1,286

11,202 55,0771,24917,0254,5371,2860 2015/16 14,522 1,254

11,538 57,0881,23517,2804,4881,2540 2016/17 14,809 1,236

Based on the aggregate of different marketing years

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean

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

85,016 46,16029,86088,2271523,05929,930 2004/05 51,407 6,960

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

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

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

80,749 45,23034,81786,6903615,58030,222 2008/09 48,112 3,761

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

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

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

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

91,389 47,19244,59497,1681,9543,82530,858 2013/14 50,070 2,504

106,878 50,97550,143110,2869042,50433,423 2014/15 54,955 5,188

106,857 51,33552,688112,6856405,18833,076 2015/16 54,634 5,363

118,688 52,52655,792124,8688175,36333,608 2016/17 56,001 13,075

Meal, Soybean

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

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

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

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

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

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

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

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

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

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

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

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

40,525 51,33510,85341,127366236nr 2015/16 30,035 239

41,559 52,52610,88642,093295239nr 2016/17 30,935 272

Oil, Soybean

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

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

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

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

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

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

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

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

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

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

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

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

9,956 51,3351,01610,928131841nr 2015/16 9,133 779

10,110 52,52697511,002113779nr 2016/17 9,275 752

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 November 2016Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

51,000 28,91419,25755,2623643,89821,520 2003/04 31,457 4,548

53,000 29,72822,79957,9003524,54822,917 2004/05 32,413 2,688

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

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

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

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

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

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

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

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

86,700 38,19545,74788,5485791,26930,100 2013/14 41,145 1,656

97,200 40,34854,63599,1813251,65632,100 2014/15 43,306 1,240

96,500 39,10051,10098,1504101,24033,100 2015/16 42,600 4,450

102,000 41,00058,700106,8003504,45033,800 2016/17 44,600 3,500

Meal, Soybean (Local)

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

23,040 29,72814,25624,125244841nr 2004/05 9,133 736

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

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

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

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

27,670 35,70014,14728,875851,120nr 2009/10 13,200 1,528

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

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

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

29,560 38,19513,72132,276272,689nr 2013/14 15,100 3,455

31,230 40,34815,10634,701163,455nr 2014/15 15,700 3,895

30,230 39,10014,25034,150253,895nr 2015/16 16,200 3,700

31,730 41,00015,70035,450203,700nr 2016/17 16,800 2,950

Oil, Soybean (Local)

5,550 28,9142,5315,84914285nr 2003/04 2,970 348

5,705 29,7282,6976,0563348nr 2004/05 3,099 260

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

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

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

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

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

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

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

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

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

7,740 40,3481,6508,31611565nr 2014/15 6,220 446

7,500 39,1001,5408,01165446nr 2015/16 6,270 201

7,870 41,0001,5008,11140201nr 2016/17 6,330 281

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 November 2016Office of Global Analysis

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

Thousand Metric Tons

Area

Harvested

Beginning

Stocks

Productio

n

Imports Total

Supply

Exports Crush Domestic

Consumpti

Ending

Stocks

Oilseed, Soybean (Local)

33,000 25,0726,79935,8037192,08414,000 2003/04 26,472 2,532

39,000 29,56010,68642,2417092,53214,400 2004/05 31,000 555

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

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

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

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

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

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

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

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

53,400 38,5037,43359,73726,33519,250 2013/14 42,090 10,214

61,400 44,89011,66971,6493510,21419,340 2014/15 49,065 10,915

56,800 41,4009,50068,39067510,91519,530 2015/16 45,790 13,100

57,000 44,3009,25070,40030013,10019,450 2016/17 48,755 12,395

Meal, Soybean (Local)

19,741 25,07219,07820,6552912nr 2003/04 492 1,085

23,350 29,56022,70324,43611,085nr 2004/05 530 1,203

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

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

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

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

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

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

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

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

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

34,705 44,89031,86739,12214,416nr 2014/15 2,496 4,759

31,870 41,40029,70036,62904,759nr 2015/16 2,649 4,280

34,350 44,30032,30038,63004,280nr 2016/17 2,800 3,530

Oil, Soybean (Local)

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

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

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

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

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

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

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

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

5,840 30,6813,4336,26635391nr 2011/12 2,620 213

6,616 35,0094,2816,88859213nr 2012/13 2,375 232

7,191 38,5034,2967,44926232nr 2013/14 2,843 310

8,753 44,8906,3119,0685310nr 2014/15 2,401 356

7,960 41,4005,2408,3160356nr 2015/16 2,755 321

8,440 44,3005,5708,7610321nr 2016/17 2,865 326

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 November 2016Office of Global Analysis

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

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

4,485 Oilseed, Copra 4,187 4,175 4,045 4,239 4,239

13,020 Oilseed, Palm Kernel 13,851 14,403 13,637 14,996 14,996

1,023 Oilseed, Soybean 1,040 995 979 982 982

3,813 Other 3,808 3,811 3,736 3,750 3,750

22,341 Total 22,886 23,384 22,397 23,967 23,967

none

Domestic Consumption none

671 Meal, Fish 583 563 556 628 598

709 Meal, Rapeseed 822 757 490 490 490

14,737 Meal, Soybean 16,006 17,286 18,690 20,325 20,225

2,602 Other 2,713 3,041 3,097 3,150 3,165

18,719 Total 20,124 21,647 22,833 24,593 24,478

none

SME none

969 Meal, Fish 842 814 803 907 864

504 Meal, Rapeseed 585 539 349 349 349

14,737 Meal, Soybean 16,006 17,286 18,690 20,325 20,225

1,441 Other 1,478 1,614 1,663 1,663 1,668

17,651 Total 18,911 20,252 21,505 23,244 23,106

none

Imports none

221 Meal, Fish 241 223 250 253 223

708 Meal, Rapeseed 759 676 429 460 460

12,486 Meal, Soybean 13,746 15,106 15,430 17,522 17,472

454 Other 390 559 584 554 554

13,869 Total 15,136 16,564 16,693 18,789 18,709

none

Industrial Dom. Cons. none

6,381 Oil, Palm 7,470 5,995 7,294 7,820 7,820

0 Oil, Rapeseed 0 0 0 0 0

34 Oil, Soybean 36 39 42 42 42

0 Oil, Sunflowerseed 0 0 0 0 0

3,706 Other 3,930 4,052 4,128 4,217 4,228

10,121 Total 11,436 10,086 11,464 12,079 12,090

none

Food Use Dom. Cons. none

7,619 Oil, Palm 8,025 8,482 8,730 8,995 8,995

45 Oil, Rapeseed 61 54 44 40 40

494 Oil, Soybean 533 614 710 777 763

112 Oil, Sunflowerseed 112 131 131 131 131

1,465 Other 1,476 1,446 1,480 1,559 1,556

9,735 Total 10,207 10,727 11,095 11,502 11,485

none

Domestic Consumption none

14,345 Oil, Palm 15,865 14,942 16,489 17,310 17,310

45 Oil, Rapeseed 61 54 44 40 40

528 Oil, Soybean 569 653 752 819 805

112 Oil, Sunflowerseed 112 131 131 131 131

5,179 Other 5,416 5,508 5,618 5,786 5,794

20,209 Total 22,023 21,288 23,034 24,086 24,080

none

Imports none

3,076 Oil, Palm 2,988 3,773 3,630 3,675 3,675

8 Oil, Rapeseed 11 11 13 14 14

224 Oil, Soybean 292 321 357 319 319

0 Oil, Sunflowerseed 0 0 0 0 0

606 Other 509 670 569 658 655

3,914 Total 3,800 4,775 4,569 4,666 4,663

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 November 2016Office of Global Analysis

Page 30: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 25: Middle East Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

1,330 Oilseed, Cottonseed 1,106 1,243 1,032 1,198 1,198

405 Oilseed, Rapeseed 420 425 400 400 400

246 Oilseed, Soybean 318 327 297 317 317

1,230 Oilseed, Sunflowerseed 1,502 1,306 1,106 1,306 1,306

120 Other 140 120 150 145 145

3,331 Total 3,486 3,421 2,985 3,366 3,366

none

Domestic Consumption none

81 Meal, Fish 86 89 100 105 105

796 Meal, Rapeseed 875 988 926 916 916

6,595 Meal, Soybean 6,888 7,294 7,565 8,030 8,030

2,504 Other 2,857 2,849 2,694 2,878 2,868

9,976 Total 10,706 11,220 11,285 11,929 11,919

none

SME none

117 Meal, Fish 124 129 145 152 152

566 Meal, Rapeseed 623 703 659 652 652

6,595 Meal, Soybean 6,888 7,294 7,565 8,030 8,030

2,148 Other 2,474 2,451 2,330 2,488 2,478

9,426 Total 10,109 10,577 10,698 11,321 11,312

none

Imports none

73 Meal, Fish 80 84 100 100 100

171 Meal, Rapeseed 280 246 236 225 225

4,808 Meal, Soybean 5,279 4,351 4,045 4,310 4,310

959 Other 1,407 1,375 1,471 1,525 1,515

6,011 Total 7,046 6,056 5,852 6,160 6,150

none

Imports none

2,353 Oil, Palm 2,361 2,126 2,205 2,435 2,435

48 Oil, Rapeseed 52 55 64 66 66

651 Oil, Soybean 641 498 392 498 458

1,238 Oil, Sunflowerseed 1,916 1,760 1,789 2,010 2,010

169 Other 183 464 170 169 174

4,459 Total 5,153 4,903 4,620 5,178 5,143

none

Industrial Dom. Cons. none

160 Oil, Palm 180 185 180 175 175

20 Oil, Rapeseed 35 35 30 30 30

67 Oil, Soybean 78 134 140 150 150

40 Oil, Sunflowerseed 30 20 20 20 20

47 Other 53 70 64 65 65

334 Total 376 444 434 440 440

none

Food Use Dom. Cons. none

1,691 Oil, Palm 1,806 1,516 1,765 1,920 1,920

280 Oil, Rapeseed 306 385 373 364 364

858 Oil, Soybean 868 963 1,006 1,114 1,094

1,709 Oil, Sunflowerseed 1,893 2,048 2,194 2,175 2,175

597 Other 637 837 620 636 600

5,135 Total 5,510 5,749 5,958 6,209 6,153

none

Domestic Consumption none

1,851 Oil, Palm 1,986 1,701 1,945 2,095 2,095

300 Oil, Rapeseed 341 420 403 394 394

940 Oil, Soybean 1,001 1,175 1,226 1,349 1,329

1,774 Oil, Sunflowerseed 1,943 2,078 2,224 2,205 2,205

653 Other 697 914 690 707 671

5,518 Total 5,968 6,288 6,488 6,750 6,694

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 November 2016Office of Global Analysis

Page 31: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 26: European Union Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

19,560 Oilseed, Rapeseed 21,306 24,587 22,199 20,000 20,000

948 Oilseed, Soybean 1,211 1,831 2,256 2,415 2,415

7,088 Oilseed, Sunflowerseed 9,054 9,000 7,611 8,300 8,200

484 Other 480 510 412 391 392

28,080 Total 32,051 35,928 32,478 31,106 31,007

none

Domestic Consumption none

551 Meal, Fish 597 529 560 550 550

13,100 Meal, Rapeseed 13,750 14,450 13,850 13,150 13,150

26,242 Meal, Soybean 28,442 29,542 30,792 31,692 31,442

9,607 Other 9,631 9,451 9,333 9,788 9,883

49,500 Total 52,420 53,972 54,535 55,180 55,025

none

SME none

796 Meal, Fish 863 764 809 795 795

9,321 Meal, Rapeseed 9,783 10,281 9,854 9,356 9,356

26,242 Meal, Soybean 28,442 29,542 30,792 31,692 31,442

7,497 Other 7,746 7,616 7,504 7,992 8,083

43,856 Total 46,833 48,204 48,960 49,835 49,676

none

Imports none

330 Meal, Fish 372 279 300 300 300

415 Meal, Rapeseed 457 453 408 400 400

16,941 Meal, Soybean 18,137 19,158 19,300 21,150 20,950

5,700 Other 5,656 5,401 5,538 5,863 5,963

23,386 Total 24,622 25,291 25,546 27,713 27,613

none

Industrial Dom. Cons. none

2,905 Oil, Palm 3,320 3,200 3,070 3,040 3,040

6,600 Oil, Rapeseed 7,100 7,400 7,200 6,900 6,900

850 Oil, Soybean 900 900 900 900 930

220 Oil, Sunflowerseed 250 240 230 230 230

470 Other 450 470 440 430 430

11,045 Total 12,020 12,210 11,840 11,500 11,530

none

Food Use Dom. Cons. none

3,380 Oil, Palm 3,280 3,250 3,250 3,200 3,200

2,700 Oil, Rapeseed 2,800 2,900 2,900 2,800 2,800

1,000 Oil, Soybean 1,000 1,000 1,050 1,000 1,050

3,150 Oil, Sunflowerseed 3,400 3,450 3,600 3,900 3,950

2,607 Other 2,581 2,315 2,391 2,449 2,397

12,837 Total 13,061 12,915 13,191 13,349 13,397

none

Domestic Consumption none

6,560 Oil, Palm 6,850 6,730 6,600 6,520 6,520

9,345 Oil, Rapeseed 9,950 10,350 10,150 9,750 9,750

1,900 Oil, Soybean 1,950 1,950 2,000 1,950 2,030

3,375 Oil, Sunflowerseed 3,660 3,700 3,840 4,140 4,190

3,105 Other 3,056 2,807 2,853 2,899 2,847

24,285 Total 25,466 25,537 25,443 25,259 25,337

none

Imports none

6,812 Oil, Palm 6,969 6,718 6,700 6,600 6,600

210 Oil, Rapeseed 303 261 197 300 300

322 Oil, Soybean 329 253 325 250 250

942 Oil, Sunflowerseed 1,039 823 1,350 1,300 1,300

1,662 Other 1,340 1,475 1,307 1,361 1,286

9,948 Total 9,980 9,530 9,879 9,811 9,736

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 November 2016Office of Global Analysis

Page 32: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 27: China Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

16,692 Oilseed, Peanut 16,972 16,482 16,440 16,900 17,000

14,007 Oilseed, Rapeseed 14,458 14,772 14,931 13,300 13,500

13,011 Oilseed, Soybean 11,951 12,154 11,785 12,500 12,500

2,323 Oilseed, Sunflowerseed 2,424 2,492 2,698 2,510 2,510

13,720 Other 12,835 11,757 9,580 9,100 9,100

59,753 Total 58,640 57,657 55,434 54,310 54,610

none

Domestic Consumption none

1,368 Meal, Fish 1,447 1,464 1,445 1,395 1,395

10,120 Meal, Rapeseed 11,287 11,032 11,254 10,048 10,048

50,091 Meal, Soybean 52,534 57,467 62,505 66,638 66,638

9,373 Other 9,360 8,761 8,259 8,178 8,218

70,952 Total 74,628 78,724 83,463 86,259 86,299

none

SME none

1,977 Meal, Fish 2,091 2,115 2,088 2,016 2,016

7,200 Meal, Rapeseed 8,031 7,849 8,007 7,149 7,149

50,091 Meal, Soybean 52,534 57,467 62,505 66,638 66,638

8,496 Other 8,491 7,996 7,701 7,648 7,693

67,764 Total 71,147 75,428 80,301 83,451 83,496

none

Imports none

981 Meal, Fish 1,041 1,031 1,050 1,000 1,000

106 Meal, Rapeseed 314 142 359 100 100

16 Meal, Soybean 20 58 24 30 30

638 Other 747 553 400 460 460

1,741 Total 2,122 1,784 1,833 1,590 1,590

none

Food Use Dom. Cons. none

4,189 Oil, Palm 3,600 3,750 2,800 3,100 3,000

2,806 Oil, Peanut 2,851 2,819 2,887 3,040 3,052

6,700 Oil, Rapeseed 7,400 7,750 8,300 8,100 8,100

12,545 Oil, Soybean 13,650 14,200 15,250 16,200 16,200

837 Oil, Sunflowerseed 1,010 998 1,379 1,325 1,325

1,759 Other 1,662 1,563 1,402 1,327 1,317

28,836 Total 30,173 31,080 32,018 33,092 32,994

none

Domestic Consumption none

6,389 Oil, Palm 5,700 5,700 4,800 5,150 5,050

2,806 Oil, Peanut 2,851 2,819 2,887 3,040 3,052

6,700 Oil, Rapeseed 7,400 7,750 8,300 8,100 8,100

12,545 Oil, Soybean 13,650 14,200 15,250 16,200 16,200

837 Oil, Sunflowerseed 1,010 998 1,379 1,325 1,325

2,379 Other 2,157 2,141 2,002 1,927 1,917

31,656 Total 32,768 33,608 34,618 35,742 35,644

none

Imports none

6,589 Oil, Palm 5,573 5,696 4,689 5,150 5,100

65 Oil, Peanut 74 141 113 150 130

1,598 Oil, Rapeseed 902 732 768 700 700

1,409 Oil, Soybean 1,353 773 586 820 820

362 Oil, Sunflowerseed 531 534 878 850 850

812 Other 671 751 776 785 775

10,835 Total 9,104 8,627 7,810 8,455 8,375

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 33: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Table 28: India Oilseeds and Products Supply and Distribution

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Oct

2016/17

Nov

2016/17

none

Production none

12,100 Oilseed, Cottonseed 12,950 12,525 11,208 11,250 11,463

4,334 Oilseed, Peanut 6,482 4,855 4,470 5,500 5,500

6,851 Oilseed, Rapeseed 6,650 5,080 5,920 6,800 6,800

12,186 Oilseed, Soybean 9,477 8,711 7,125 9,700 9,700

615 Oilseed, Sunflowerseed 580 383 320 450 450

720 Other 725 730 735 735 735

36,806 Total 36,864 32,284 29,778 34,435 34,648

none

Domestic Consumption none

3,957 Meal, Cottonseed 4,230 4,264 4,068 4,005 4,005

1,255 Meal, Peanut 1,630 1,399 1,107 1,273 1,273

2,430 Meal, Rapeseed 2,215 1,700 2,700 3,015 3,015

3,536 Meal, Soybean 3,720 4,740 4,747 4,970 4,970

348 Meal, Sunflowerseed 271 184 306 323 323

285 Other 304 377 422 307 362

11,811 Total 12,370 12,664 13,350 13,893 13,948

none

SME none

3,206 Meal, Cottonseed 3,428 3,455 3,296 3,245 3,245

1,411 Meal, Peanut 1,832 1,572 1,244 1,431 1,431

1,729 Meal, Rapeseed 1,576 1,210 1,921 2,145 2,145

3,536 Meal, Soybean 3,720 4,740 4,747 4,970 4,970

329 Meal, Sunflowerseed 256 174 289 305 305

128 Other 136 169 190 138 162

10,338 Total 10,948 11,320 11,688 12,234 12,259

none

Food Use Dom. Cons. none

1,195 Oil, Cottonseed 1,250 1,250 1,230 1,160 1,157

7,920 Oil, Palm 8,052 8,750 8,700 9,700 9,600

1,008 Oil, Peanut 1,179 1,066 824 925 925

2,250 Oil, Rapeseed 2,300 2,000 2,200 2,450 2,450

2,960 Oil, Soybean 3,309 4,056 5,200 5,000 5,400

1,200 Oil, Sunflowerseed 1,650 1,700 1,732 1,920 1,920

380 Other 379 395 270 380 290

16,913 Total 18,119 19,217 20,156 21,535 21,742

none

Domestic Consumption none

1,238 Oil, Cottonseed 1,295 1,295 1,275 1,205 1,202

8,250 Oil, Palm 8,452 9,250 9,200 10,400 10,200

1,018 Oil, Peanut 1,189 1,076 834 935 935

2,310 Oil, Rapeseed 2,370 2,080 2,280 2,535 2,535

2,960 Oil, Soybean 3,309 4,056 5,200 5,000 5,400

1,200 Oil, Sunflowerseed 1,650 1,700 1,732 1,920 1,920

730 Other 689 695 539 690 590

17,706 Total 18,954 20,152 21,060 22,685 22,782

none

Imports none

0 Oil, Cottonseed 0 0 0 0 0

8,364 Oil, Palm 7,820 9,256 8,735 10,250 10,000

0 Oil, Peanut 0 0 0 0 0

8 Oil, Rapeseed 160 383 350 400 400

1,086 Oil, Soybean 1,830 2,799 4,360 3,600 4,000

939 Oil, Sunflowerseed 1,528 1,531 1,532 1,800 1,800

335 Other 233 227 81 235 135

10,732 Total 11,571 14,196 15,058 16,285 16,335

SME - 44 Percent Protein Soybean Meal Equivalent

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 34: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Oct - Sep Average05/06-14/15 391 401 427 427 465 510 1434 469 498 489 708

2005/06 205 202 228 227 261 383 857 261 291 292 3872006/07 254 264 279 279 335 394 1,128 343 401 375 5372007/08 414 452 472 469 550 458 1,688 532 745 644 8672008/09 368 365 403 392 421 517 1,204 461 364 393 4872009/10 354 357 390 395 429 467 1,209 342 452 419 6132010/11 454 482 508 511 549 508 1,792 591 661 647 11882011/12 488 505 549 533 562 729 2,480 632 593 616 8292012/13 530 537 538 543 592 635 1,391 546 580 579 5702013/14 482 487 514 517 542 524 1,300 480 466 505 8542014/15 362 356 388 401 407 482 1,294 506 432 417 749

2015/16 Oct 324 320 364 358 376 412 1,150 410 464 426 736 Nov 319 316 331 349 368 392 1,175 406 478 406 716 Dec 322 321 330 350 372 392 1,200 428 473 413 759 Jan 320 320 333 340 367 425 1,175 441 465 397 763 Feb 313 317 332 327 369 434 1,150 452 464 395 813 Mar 315 322 342 332 375 423 1,150 472 436 394 990 Apr 332 345 375 360 393 432 1,163 461 427 421 1045 May 359 377 413 402 422 425 1,200 430 428 414 963 Jun 375 412 465 455 457 430 1,260 443 429 410 1048 Jul 375 387 452 430 432 419 1,400 417 403 393 1008 Aug 365 367 427 407 413 419 1,550 437 404 419 1018 Sep 346 350 415 395 405 421 1,550 395 406 425 1025 Average 339 346 382 375 396 419 1,260 433 440 409 907

2016/17 *Oct N/A 348 413 386 403 N/A 1,550 N/A 413 431 964 Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Average N/A 348 413 386 403 N/A 1,550 N/A 413 431 964

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

* Preliminary Sept/Oct/Nov Shipment

3/ Brazil Paranagua, FOB; IGC 4/ Argentina Up River, FOB; IGC5/ Rotterdam CIF; US origin; Oil World. 6/ US Farm Price, Inshell, USDA.

11/ Phil/Indo CIF NW Europe; Oil World

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

Soybean Peanut Sunseed

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

11/9/2016 12:24:08 PM

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 35: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

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

Oct - Sep Average05/06-14/15 377 356 347 410 200 242 1433

2005/06 192 176 158 215 85 122 10602006/07 226 199 181 276 116 178 12202007/08 370 337 299 469 191 298 11462008/09 365 333 290 401 168 178 11032009/10 343 327 311 391 167 222 16682010/11 381 383 386 418 242 254 1,6072011/12 434 442 442 461 272 263 1,4482012/13 516 489 506 538 266 318 1,7912013/14 540 500 509 533 263 315 1,6602014/15 406 376 386 403 231 269 1,632

2015/16 Oct 362 331 346 351 234 260 1,531 Nov 340 308 330 328 207 253 1,537 Dec 319 294 301 317 180 227 1,503 Jan 308 294 307 316 173 210 1,476 Feb 302 282 301 303 145 205 1,472 Mar 304 273 299 301 132 203 1,448 Apr 335 292 332 339 121 219 1,478 May 415 387 410 406 165 252 1,514 Jun 450 430 446 430 183 284 1,586 Jul 409 412 409 400 167 246 1,550 Aug 376 375 371 375 155 235 1,574 Sep 373 338 341 344 164 197 1,535 Average 358 335 349 351 169 233 1,517

2016/17 *Oct 356 335 334 340 164 194 1,497 Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Average 356 335 334 340 164 194 1,497

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 (Beg Sep 2013); Ukraine DAF (Beg. Aug 2012); Rotterdam CIF; Argentina Pellet 37-38% (Prior to Aug 2012); Oil World. 8/ Bremen 64-65% Protein; Oil World.9/ Hamburg FOB; Ex-Mill 34% Protein; Oil World.* Preliminary

166280281244

U.S.5/

285

159

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

Soybean SunseedCottonseed RapeseedHamb

9/

254

129184298195221

314288

267

267313309309

274262239229

416

322

353323

257

269

216218203

278295

322295

302303366

335

233228218232

217239262260

231

11/9/2016 12:24:08 PM

213

267 213

Foreign Agricultural Service/USDA November 2016Office of Global Analysis

Page 36: 2016/17 Global Olive Oil Production Down But Prices Stabilize · Approved by the World Agricultural Outlook Board/USDA November 2016. 2016/17 Global Olive Oil Production Down But

Year Cottonseed Palm Canola Coconut CornBegin U.S. Brz Arg Rott U.S. U.S. Rott U.S. Rott Malay Rott Rott U.S.Oct 1 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/ 13/

Oct - Sep Average05/06-14/15 875 888 886 979 1,056 1,442 1,054 1,603 1,568 796 1,032 1,064 967

2005/06 516 474 467 573 649 896 635 981 931 416 770 583 5552006/07 684 673 667 771 787 1,279 846 1,253 1,219 655 852 812 7012007/08 1,147 1,190 1,191 1,327 1,622 2,010 1,639 2,225 2,018 1,058 1,410 1,306 1,5292008/09 709 740 741 826 820 1,108 837 1,539 1,339 633 868 735 7222009/10 793 848 829 924 888 1,164 956 1,353 1,291 793 927 921 8662010/11 1,173 1,210 1,211 1,306 1,202 1,899 1,404 1,806 1,751 1,154 1,367 1,772 1,3312011/12 1,144 1,162 1,164 1,241 1,173 1,834 1,254 2,247 2,455 1,032 1,258 1,244 1,2362012/13 1,039 1,012 1,014 1,098 1,071 1,452 1,189 1,934 1,963 791 1,127 858 1,0292013/14 843 871 870 950 1,337 1,304 929 1,430 1,355 803 954 1,278 8692014/15 697 706 705 778 1,009 1,471 850 1,265 1,354 626 782 1,128 827

2015/16 Oct 598 673 665 742 976 1,587 883 1,272 1,314 565 802 1,108 807 Nov 582 678 675 726 996 1,422 862 1,280 1,298 541 790 1,073 803 Dec 655 677 680 761 1,066 1,367 852 1,290 1,283 539 818 1,147 843 Jan 637 658 651 727 1,043 1,279 846 1,239 1,274 550 777 1,155 880 Feb 657 680 675 758 1,015 1,196 869 1,213 1,271 613 781 1,216 888 Mar 680 691 687 761 1,019 1,186 842 1,225 1,286 654 768 1,448 905 Apr 715 740 731 796 1,044 1,186 857 1,239 1,350 707 811 1,586 929 May 678 721 710 791 1,015 1,190 868 1,353 1,600 686 808 1,445 889 Jun 669 714 709 798 1,004 1,195 851 1,347 1,700 640 792 1,586 881 Jul 634 694 688 788 987 1,217 816 1,369 1,673 615 763 1,507 857 Aug 688 753 747 814 998 1,235 815 1,345 1,650 704 819 1,529 861 Sep 705 764 752 829 973 1,235 823 1,358 1,620 716 852 1,547 840 Average 658 704 698 774 1,011 1,275 849 1,294 1,443 628 798 1,362 865

2016/17 *Oct 746 797 782 858 989 1,235 830 1,430 1,575 677 896 1,463 799 Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Average 746 797 782 858 989 1,235 830 1,430 1,575 677 896 1,463 7991/ Decatur; Average Wholesale Tank Crude; USDA. 2/ Brazil Paranagua, FOB Crude; IGC.3/ Argentina Up River, FOB Crude; IGC 4/ Dutch FOB; Ex-Mill; Oil World. 5/ PBSY Greenwood MS; USDA. 6/ Minneapolis FOB; USDA. 7/ EU FOB NW Euro; Oil World. 8/ South East Mills FOB; Tank Cars Crude; USDA. 9/ Rotterdam CIF; Any Origin; Oil World. 10/ Malaysia FOB; RBD; Oil World. 11/ Rotterdam, Dutch FOBEx-Mill; Oilworld. 12/ Rotterdam CIF; Phil/Indo; Oil World. 13/ Chicago; Crude; AMS * Preliminary

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

11/9/2016 12:24:08 PM

Soybean Sunseed Peanut

Foreign Agricultural Service/USDA November 2016Office of Global Analysis


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