World Oilseed Situation and Market Highlights, March 1990

~ United States
..lj)l Department of
..I'I!J Agriculture
Foreign
Agricultural
Service
Circular Series
FOP 3-90
March 1990
PB90195538
1\ 11111111111111111\ 1\ 111111111
World 'Oilseed ~ .
Situation and Market
Highlights
SUMMARY
..
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wiiil
~ o r l d production of oilseeds during 1989/90 is forecast at 213.6.. million tons,
down slightly from last month's level, but up nearly 6 percent from last.
year's reduced level. Reductions in China's production of rapeseed and
sunflowerseed and in Indonesia's production of copra were partially offset by
increases in India's production of cottonseed and soybeans. ~ o r l d trade of
oilseeds is little changed from last month's level.
Yorld crush of oilseeds is down slightly from last month mainly as a result of
the production changes. ~ o r l d soybean crush is up slightly; an increase in
U.S. soybean crush was partially offset by a reduction in Japan.
Global vegetable oil stocks, including soybean oil, are forecast down 7
percent from year-earlier levels and nearly 14 percent below the peak levels
of 1987/88. Nevertheless, global stocks relative to use are still likely to
exceed 10 percent, around the historical average. However, stocks of rapeseed
and soybean oils have tightened more, particularly in Canada and the United
States, respectively. U.S. soybean oil inventories are forecast at 544,000
tons, the lowest level since 1985/86. A substantial rebound in domestic
soybean oil consumption and better-than-expected export demand' for U.S.
soybean oil, both revised up this month, accounts for the smaller U.S.
inventories.
Season-average price forecasts for 1989/90, with last month's forecasts in
parentheses:
Soybeans (per bushel) $5.45-$5.65 ($5.35-$5.65)
Soybean meal (per short ton) ~ $160-$180 (unchanged)
Soybean oil (per pound) $0.195-$0.215 ($0.19-$0.21)
Regional changes in March world supply/demand forecasts for 1988/89 and
1989/90 marketing years follow:
UNITED STATES
--U.S. soybean crush was raised to 29.8 million tons, up 3
year. The higher soybean meal production is forecast to be
while soybean oil use was raised this month as well.
exports of soybean oil were raised to 680,000 tons.
percent from last
used domestically,
In addition, U.S.
Approved by the World AgriCUltural Outlook Board - USDA
REPRODUCED BY: ~
u.s. Department of Commerce
Nallonal Tec:hnicallnformation Service
Springfield, Virginia 22161
l _
The U.S. cottonseed oil export estimate for 1989/90 was increased 13,000 tons
to 163,000 tons'based on exports for the first quarter of the marketing year
and sal'es under government programs. A corresponding decrease was made for
u.S. consumption of cottonseed oil.
CANADA
--Canada's exports of flaxseed were increased to 485,000 tons this month, up
55,000 tons.
LATIN AMERICA
--Argentina's 1989 sunflowerseed production estimate was raised
to 3.0 million tons. Crush was raised 200,000 tons resulting
ending stocks to 253,000 tons. Ending stocks for 1990/91
correspondingly.
100,000 ,tons
in a drop in
were lowered
--Brazil's production of palm oil during 1990 was increased
month to 70,000 tons. Yields are forecast to improve as
maturity.
EASTERN EUROPE
45,000 tons this
more trees reach
--Poland's imports of soybean oil during 1989/90 were revised up 22,000 tons
to 82,000 tons. Poland is expected to import soybean oil from the United
States for the first time since 1986/87'when 3,000 tons were imported.
ASIA
--Indonesia's copra production in 1990 was lowered 120,000 this month to 1.22
million tons, up 3 percent from last year. 1989 production was also revised
down to reflect the decline in coconut production because of the delayed
effects of the dry weather in 1988. Indonesia's meal situation was revised
this month to reflect lower copra meal production and larger imports of
fishmeal and peanut meal.
Indonesia's palm oil production forecast for 1989/90 was raised 100,000 tons
to 1.85 million tons, up 19 percent from last year. The palm oil export
forecast was raised a like amount to 850,000 tons.
--Malaysia's 1989/90 palm oil export forecast was raised by 100,000 tons this
month to 5.0 million tons, up 6 percent from last year. This month's
revisions reflect the inclusion of processed palm oil exports from East
Malaysia in the total marketing year export estimate. Difficulties in
acquiring the processed palm oil export data for East Malaysia prevented their
inclusion in earlier forecasts.
--India's 1989/90 oilseed production estimate was raised 386,000 tons this
month to 18.9 million tons, down 2 percent from last year's revised estimate.
Cottonseed production was raised 286,000 tons to 4.1 million tons, up 14
percent from last year. The soybean crop estimate also was raised this month
by 100,000 tons to 1.7 million tons, up 13 percent from last year.
2
--China's 1989/90 oilseed production estimate was lowered 455,000 tons this
month to 29.2 million tons, down 5 percent from last year. Sunflowerseed
production was lowered to 980,000 tons, down 17 percent from last year.
Rapeseed production was lowered 160,000 tons to 5.4 million tons, up 7 percent
from last year. The protein meal situation will tighten as a result of the
lower crops. Total meal consumption in 1989/90 is forecast at 8.0 million
tons, still up slightly from last year. The lower production forecasts will
tighten vegetable oil supplies as well. Partially offsetting the decline in
rapeseed and sunflowerseed oil availibilities is an increase in soybean oil
imports to 375,000 tons.
--Japan's imports of
last month's level,
imports were lowered
feed is slowing down
and consequently slow
fishmeal during 1989/90 were lowered 140,000 tons . from
and down 40,000 tons from last year. Rapeseed meal
by 70,000 tons to 250,000 tons. Consumption of meal for
in Japan because of rising imports of livestock products
growth in the domestic livestock industry.
--Korea's 1989/90 soybean import forecast was lowered to 1.0 mi11ion tons
this month, unchanged from last year's level. Announcement of the calendar
year 1990 import quota for soybeans has been delayed by personnel changes in
the Ministry of Agriculture.
3
Table of Contents
VORL OILSEED SITUATION AND MARKET HIGHLIGHTS
SUBJECT
OUTLOOK AND SITUATION
PAGE
Summary 1Il 0 0 0 0 a a II 0 0 0 0 a II 0 0 0 0 ": a 0' 0 1
'lorld Oi lseed Si tua t i on. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 6
Market Highlightso 0 0 0 0.0.000000 0 0 0 0 0 0.0.00 11I 00.0.0 34
Argentina . It 0 0 0 0 0 0 0 o. _.0 ,. 0 0 0 0 0 0.38
Brazil. 0.000 0 0000.00 0.00 0.00.0 " ,". 0 0.0 0.000.0 44
TABLES AND GRAPHS
VORLD SlOOWUES, SELECTED COUNTRIES, AND PRICES
Table 1.
Table 2.
Table 3.
Table 4.
Table 5.
Table 6.
Table 7.
Table 8.
Table 9.
Table 10.
Table 11.
Table 12.
Table 13.
Table 14.
Table 15.
Table 16.
Table 17.
Table 18.
Table 19.
Table 20.
Table 21.
Table 22.
Table 23.
Table 24.
Major Oilseeds: World Supply and Distribution................... 12
Major Protein Meals: World Supply and Distribution !3
Major Vegetable and Marine Oils: Vorld Supply
and Distribution 14
Major Oilseeds-Protein Meals-Fats/Oils:"
World Production................................................. 15
Major Oilseeds: Area,Yield,
by Main Producers D " II 0 0 0 0 0 .:. 0 0 0 0 16
Soybeans: Vorld Supply and Distribution.; 17
Soybean Meal: 'World Supply and Distribution 18
Soybean Oil: 'World Supply and ..................... 19
Soybeans and Products: 'World Trade by Country 20
Vegetable Oil Production, Consumption, and Imports
for Selected Countries .................... ; 22
United States: Oilseeds and Products Supply and
Distribution.. ll., ll. 0.000., 0 II 0 0.0.000.0. II ll., 23
United States: Soybeans and Products Supply
. and Distribution " .................. 24
Brazil: Soybeans and Products Supply and Distribution.... 25
Argentina: Soybeans and Products Supply and pistribution 26
Argentina: Sunflowerseed and Products Supply
and Distribution..... 0 0 0.0. fo 0 0 0 0 0 00 0 0 0 0 027
European Community:. Oilseeds and Products
Supply and Distribution 28
Malaysia: Palm Oil Supply and Distribution 29
Selected Monthly Prices and Ratios 30
Oilseed Prices 31
Protein Meal Prices 32
Vegetable Oil Prices , 33
GSM-I02 Program Announcements and Sales Registered FY 1990 35
P.L. 480 Title 1/111 Agreements Signed and Sales
Registered FY 1990 35
U.S. Sunflowerseed Oil Exports Under the Sunflowerseed Oil
Assistance Program (SOAP) 36
4
Table 25. Vegetable Oil Export Enhancement Program Announcements
and Sales Summary .... 0 a 0 a , II a 0 0 0 0 .. 0 0 III 0 DOD II 0 II 0 II 0 036
Table 26. Vegetable Oil Export Enhancement Program
Announcement s and Sales ............,......... ............... .. 37
1l"l&A'll'1!lJlRl& AlR'll'ICLl&S
Graph 1.
Graph 2.
Table 1.
Table 2.
Table 3.
Graph 3.
Graph 4.
Table 4.
Table 5.
Table 6.
1!ll.S. 'lL'JRADl&
Table 1.
Table 2.
Table 3.
Table 4.
Table 5.
Table 6.
Table 7.
Table 8.
Table 9.
Table 10.
Table 11.
Table 12.
Table 13.
Table 14.
Table 15.
Table 16.
Argentina's Area of Specified Crops ; 40
Argentina's Exports of Soybeans, Meal and Oil ..................... 40
Argentina: Oilseed Supply and Distribution 41
Argentina: Protein Meal Supply and Distribution............... 42
Argentina: Vegetable and Marine Oil Supply and Distribution ..... 43
Brazil's Area of Specified Crop ; ...................... 47
Brazil's Exports of Soybeans; Meal and Oil ...................... 47
Brazil: Oilseed Supply and. Distribution .........,.. : 48
Brazil: Protein Meal Suppiy and Distributfon..................... 49
Brazil: Vegetable and Marine Oil Supply and Distribution 50
u.S. Exports of Oilseeds, Meals, and Oils ........................ 51
U.S; Exports: Oilseeds and Products, Metric Tons ................ 52
u.S. Exports: Oilseeds and Products, Thousand Dollars ........... 53
U.S. Exports: Soybeans, Metric Tons ............................ 54
U.S. Exports: Soybean Meal, Metric Tons ..... : ...... 55
U.S. Exports: Soybean Oil, Metric Tons 56
U.S. Exports: Sunflowerseed, Metric Tons ....................... 57
. U.S. Exports: Sunflowerseed Oil, Metric Tons .................... 58
U.S. Exports: Peanut and Products, Metric Tons 59
U.S. Exports: Cottonseed Oil, Metric Tons 60
U.S. Exports: Corn Oil, Metric Tons ............................ 61
U.S. Exports: Corn Gluten Feed, Metric Tons ...................... 62
U.S. Exports: Corn Gluten Meal, Metric Tons ............. 63
U.S,' Imports: Selected Oilseeds and Products, Metric Tons 64
U.S. Imports: Selected Oilseeds and Products, Thousand Dollars 65
Selected Oilseeds and Products Average Export and Import Unit
, Values 0 0 0" 0 0 ,0 0 III Co 0 " 0 II DO' 0 0 0 0 II .. 0 0 0 Cl 0 0 0 0 0 0 0 III 66
CONTACTS FOR ADDITIONAL INFORMATION 67
This Foreign Agricultural Circular reflects World Agricultural Supply and Demand
Estimates released March 9, 1990 and Agricultural Production
released March 12, 1990 'The circular .was prepared by the Oilseeds
and Products Division, Foreign Agricultural Service, U.S. Department 'of
Agriculture. Further information may be obtained by contacting the analysts
listed at the end of this circular.
5
World Oilseed Situation
SOYBEANS
World soybean production tor 1989/90 is forecast at 107.3 million tons, up
129,000 tons from last month's forecast and a 12.3-million-ton increase over
.the revised 1988/89 production total. Most of this month's upward adjustment
is attributed to increased production estimates for India and the Republic of
Korea.
U.S. soybean crush for 1989/90 was increased 136,000 tons to 29.8 million
tons. Soybean meal production for the United States was raised slightly to
23.7 million tons as a result of the increased crush. U.S. soybean oil ending
stocks are forecast at 544,000 tons, the lowest level since 1985/86 and a
30-percent decline from last year's level. A substantial rebound in domestic
soybean oil use and better-than-expected export demand for U.S. soybean oil,
both revised up this month, -account for the smaller U.S. ending stocks.
India's soybean production estimate for 1989 was raised 100,000 tons to 1.7
million tons, based on recently released official estimates. This is a
13-percent increase over last year's production of 1.5 million tons. Crush
for 1989/90 also was raised 100,000 tons to 1.5 million tons. Soybean meal
production in India .was increased 80,000 tons this month to 1. 2 million tons,
which is reflected in higher domestic soybean meal consumption.
The Republic of Korea'S 1989 soybean production estimate was raised 43,000
tons to 252,000 tons. Soybean imports for the same period were lowered 82,000
tons to 1.0 million tons, unchanged from last year. The Republic of Korea's
soybean meal imports for 1989/90 were lowered 152,000 tons this month to
518,000 tons, also unchanged from last year, and is reflected in reduced
domestic consumption." .
China's soybean. oil import forecast was raised 45,000 tons this.month to
375,000 tons, up 4 percent from last year's revised import estimate. China's
domestic soybean oil consumption for 1989/90 was increased to 996,000 tons
this month, reflecting avajlabilities.
Comparison of U.S. export data for the 1989 period revealed
significant differences between the data reported to Export Sales Reporting
and those reported by the Bureau of the Census. With the assistance of
reporting errors were found, including the reporting of "non-U.S.
orIgIn oil" and "duplicate reporting." For details refer to IIU.S. Export
Sales" for the week ending March 1, 1990..
6
OTHER MAJOR OILSEEDS AND PRODUCTS
The world 1989/90 production forecast for major oilseeds other than soybeans
was lowered 226,000 tons this month. Upward revisions for world cottonseed
and palm kernel production were offset by declines in world sunflowerseed,
copra and rapeseed. The revised crop estimates this month include the
following changes from last monthJs estimates in 1,000
Commodity Country 1988/89 Change
Feb. Mar.
Sunflowerseed China 1,180 980 -295
Cottonseed India 3,604 3,807 4,093 +286
Copra Indonesia . 1,185 . 1,340
1,220 -120
Rapeseed China 5,044 5,600 5,440 -160
The revised crop forecasts for China and India this month result from
revisions made to historical crop estimates that have recently been announced
by official sources.
Indonesia's 1990 copra output forecast was lowered 120,000 tons this month to
1.22 million tons, up 3 percent from last'year. Copra production for 1989
also was revised downward to reflect the decline in coconut production because
of the delayed yield effects of the dry weather in 1988. A small amount of
copra was imported from the Philippines to 'help fill the domestic crushing
demand. production in 1990 is expected to recover as good. weather
conditions in 1989 will likely increase the coconut yield in 1990. Though
several new plantations with hybrid coconut trees have come into production
over the past year, the increased output is offset by falling production in
areas with trees well beyond their production peak. Copra crush for 1990 was
correspondingly lowered this month to reflect the reduced copra outturn.
Indonesia'S 1990 peanut crop forecast was raised 40,000 tons this month to a
record 840,000 tons. Favorable weather has kept yields at last year's level.
Peanut imports in 1990 are now expected to reach only 20,000 tons, down 20,000
tons from last month's forecast, and the lowest level since 1981.
China's peanut export forecast for 1989/90 was lowered 25,000 tons to 200,000
tons, down 19 percent from last year, the lowest level of exports since
1981/82. China has retreated from expanding its peanut exports, particularly
to Europe, because of reduced prices.
7
The peanut situation was made tighter this month because of increases in
the forecasts for domestic food use consumption and exports. The U.S. peanut
food use consumption forecast for 1989/90 was 22,000 (inshell) tons
this month to 1.08 million tons, up 5 percent from last year, representing a
record level. The U.S. peanut export was 22,000 tons this
'month to 374,000 tons, up 20 percent from last year, representing the
export volume since 1985/86. The peanut ending stock-forecast was lowered
this month to 318,000 tons, down 11,000 tons from last month; and down 15
percent from last year; representing the lowest carryover stock level since
1983/84.
Austria's sunflowerseed export forecast for the 1989/90 marketing year was
significantly increased this month by 54,000 tons to 69,000- tons, up 35
percent from last year. Because of unsatisfactory performance of
sunflowerseed dehulling equipment at a major crushing plant, practically the
entire sunflowerseed crop in Austria is expected to be exported during the
.1989/90 marketing year.
The entire change this month in the world palm kernel export forecast is
attributed to a downward revision of Nigeria's export forecast for 1989/90
.marketingyear. Nigeria's export forecast for palm kernels was lowered 55,000
tons this month to 20,000 tons, down 80,000 tons from last year. Increased
local demand for palm kernel oil in Nigeria has encouraged crushers to process
palm kernels instead of exporting the' seed.
Malaysia's palm kernel situation was revised this month. The preliminary
1988/89 and 1989/90 palm kernel production estimates were raised 75,000 tons
and 30jOOO tons, respectively, to1.66 and 1.73 million tons. revisions
incorporate changes in the official estimate of fruit bunch output.
Malaysia's palm kernel crush and ending stock estimates for 1988/89 and
1989/90 were correspondingly raised this month.
Argentina's sunflowerseed beginning and ending stock forecasts for local
marketing year 1990/91 was lowered 100,000 tons this month. A 100,000-ton
increase in last year's sunflowerseed crop combined 'with a 200,000-ton
increase in Argentina's 1989/90 local marketing year crush estimate reduced
carryover sunflowerseed stocks into 1990191.
PROTEIN MEALS
USDA's March forecast of 1989/90 world protein meal corisumption, other than
soybean meal, was lowered slightly to 48.7 million tons .. Other major meal
consumption is forecast to be up slightly from last year's level, with all
meals increasing except for world peanut meal and copra meal consumption.
8
Japan's 1989/90 rapeseed meal import.forecast was lowered 70,000 tons this
month- .to 250,00Q.tons, up 22 percent from last year. A significant portion of
the change in Japan's rapeseed meal import forecast was offset by a 50,000-ton
increase in the soybean meal import this month to 550,000 tons, up 46
percent from last year. Consumption of total meal for feed is slowing down in
Japan - because of rising imports of livestock products and consequent slow
growth in the domestic livestock industry. Similarly, reductions in tobacco
and citrus areas, where protein meals, i.e., principally rapeseed meal, are
used as fertilizer, will contribute to a curtailment in consumption. Japan's
1989/90 total meal consumption is forecast at 5.6 million tons, down 75,000
tons from last month, and virtually unchanged from last year. Consumption of
rapeseed meal together with soybean meal will continue to account for around
80 percent of Japan's total meal consumption in 1989/90.
Reduced sunflowerseed and rapeseed crop forecasts this month tighten China's
meal situation. China's fishmeal import forecast for 1989/90was lowered
70,000 tons this month to 380,000 tons, down 21 percent from last year.
Larger export forecasts this month. for rapeseed meal and sunflowerseed meal
offset by lower forecasts for cottonseed meal and peanut meal. China's
total meal consumption for 1989/90 is forecast at 8.0 million tons, virtually
unchanged from last year.
Indonesia's protein meal situation was revised this month to reflect lower
copra meal production and larger imports of fishmeal and peanut meal.
Indonesia's peanut meal imports rose sharply to an estimated 65,000 tons in
1989, as high domestic prices of soybean meal caused feed millers to. search
for lower priced substitutes. The peanut meal import forecast for 1990 was
raised 55,000 tons this month _to tons, unchanged -from last year's
revised estimate. Indonesia's total meal consumption for 1989/90 is forecast
at 578,000 tons, up 119,000 tons last month, and up 12 percent from last
year. Nearly 90 percent of the forecast increase in Indonesia's meal
consumption is expected to come from soybean meal.
India's rapeseed meal export forecast for 1989/90 was lowered 50,000 tons to
300,000 tons, down 140,000 tons from last year's record export level. India's
meal exports are expected to face stiffer 'competition in its meal exports
during the 1989/90 marketing year.
Malaysia's palm kernel meal exports in 1989/90 were much higher than expected,
keyed by stronger demand from the Federal Republic of Germany and the
. Netherlands. - The 1988/89 export estimate was raised 52,000 tons this month to
890,000 tons, up 15 percent fiom the 1987/88 level. The surge in exports
reduced the 1988/89 ending stock estimate by 47,000 tons this month to 78,000
tons, down 37 percent from the previous year. Malaysia's palm kernel meal
exports for 1989/90 are forecast at 880,000 tons, down 20,000 tons from last
month's forecast. Ending stocks of palm kernel meal in 1989/90 are expected
to return to a more normal level of 118,000 tons, up 40,000 tons from last
month.
9
VEGETABLE AND MARINE OILS
The U.S. 1989/90 import forecasts for palm oil and palm kernel oil were
lowered month by 10,000 tonS and 25,000 tons, respectively, to 115,000
tons and 175,000 tons. The most recent U.S. Census trade data indicates U.S.
imports of palm oil during the 12-month period ending December 1989 were
112,000 ions, down 26 percent from the previous year. Likewise, U.S. imports
of palm kernel oil during the 12-month period were 151,000 tons, down 28
percent from last year. The 1989/90 U.S. coconut oil import forecast was
raised 25,000 tons this month to 450,000 tons, up 27 percent from last year.
During calendar year 1989, U.S. imports of coconut oil were 392,000 tons, down
12 percent from a year earlier. Increased world availabilities of coconut oil
and declining prices are expected to result in higher U.S. imports of coconut
oil.
The 1989/90 U.S. cottonseed oii export estimate was increased 13,000 tons this
month to 163,000 torts, based on exports for the first quarter of the marketing
year. U.S. exports of cottonseed oil during the October-December quarter
amounted to 48,159 tons, more than double the export quantity a year earlier.
Malaysia'S 1989/90 palm oil export forecast raised by 100,000 tons this
month to 5.0 million tons, up 6 percent from last year. The 1989/90 palm oil
consumption forecast was lowered 120,000 tons this month to 849,000 tons, up 9
percent from last year. This month's revisions reflect the inclusion of
palm oil exports from East Malaysia in the total marketing year
export estimate. Difficulties in acquiring the processed palm oil export data
for East Malaysia' prevented their inclusion in earlier estimates and
forecasts. Previously, the volume of exports of processed palm oil from East
Malaysia was simply reflected in Malaysia'S domestic palm oil consumption
estimate. Processed palm oil exports from East Malaysia prior to 1987/88 were
negligible. According to the Department of Statistics, Maiaysia's palm oil
production for January totaled 440,000 tons, down 17 percent from the December
output, but 21 percent above January last year. Carry-out palm oil stocks at
the end of December were revised upwards to 1.09 million tons. strong export
demand for Malaysia'S palm oil during January further eroded carryout stocks
to 1.01 million tons at the end of Palm oil prices during February
in Malaysia for crude palm oil were about 10 Maiaysian dollars lower than in
January.
Malaysia's palm kernel oil export estimates were revised foi the 1988/89 and
1989/90 marketing years. Strorig export demand for Malaysia's palm kernel oil,
primarily from the Netherlands, pushed the total export volume for 1988/89
sharply higher and consequently reduced ending stocks to an unexpectedly low
level. The 1988/89 export estimate was raised 102,000 tons to 657,000 tons,
up 30 percent from the previous year. Malaysia's 1989/90' export forecast for
palm kernel oil was lowered 42,000 tons to 615,000 tons. A fall in Malaysia's
in 1989/90 is expected to allow the oleochemical industry in Malaysia
to continue its expansion.
10
Indonesia's palm oil production forecast for the 1989/90 marketing year was
raised 100,000 tons this month to 1.85 million tons, up 19 percent from last
year. The palm oil export forecast was correspondingly raised 100,000 tons
this month to 850,000 tons, nearly unchanged from last year's revised export
estimate.
Japan's vegetable oil situation this month was made tighter because of reduced
beginning stocks and production. Over half of the decline this month in the
total oil supply forecast was offset by an upward revision of Japan's oil
import forecast for 1989/90. Japan's palm oil import forecast was raised
30,000 tons this month to 250,000 tons, virtually unchanged from last year.
Japan's total vegetable oil consumption for 1989/90 is forecast at 2.0 million
tons, up 2 percent from last year. As part of its efforts to expand imports
from Southeast Asian countries, the Government of Japan lowered import duties
for palm kernel oil and coconut oil effective April 1989. As a result,
imports of these oils have increased significantly.
Korea's 1989/90 palm oil import forecast was lowered 35,000 tons this month to
175,000 tons, up 6 percent from last year. Palm olein and RBD palm oil are
imported for food processing use and stearin is imported for soap
'manufacturing. The major competitor is tallow. A November 1989 scandal over
alleged use of U.S. Top White and Extra Fancy tallow in the manufacture of
instant ramine noodles was widely publicized, but does not appear to have
significantly increased demand for palm oil or seriously affected tallow
imports. In 1989, palm products for food processing remained cheaper than
U.S. Top White tallow. The scandal over "industrial" tallow use in food
products brought about the prohibition of these grades of tallow in food
products. The impact of this ban is not yet clear. Some food processors may
shift to U.S. edible tallow; others may shift to palm oil. Total domestic
consumption of major vegetable oils in Korea for 1989/90 is forecast at
440,000 tons, up 5 percent from last year. Total oil consumption in Korea is
still very low by world standards (1987 = 19.96 pounds per capta), but is
growing steadily, as consumers begin to use more mayonnaise, margarine, and
shortening, and fried foods and snack foods become more popular.
India's vegetable oil production forecast for 1989/90 was raised 49,000 tons
this month to 4.14 million tons, down 5 percent from last year. The 1989/90
import forecast for vegetable oils remains unchanged at 957,000 tons, up
516,000 ,tons from last year's record low level. India's 1989/90 consumption
forecast for major vegetable oils is 5.2 million tons, up 5 percent from last
year.
China's vegetable oil import forecast was unchanged from last month. A larger
import ,forecast this month for soybean oil was offset by reduced forecasts for
peanut oil and rapeseed oil. China's soybean oil import forecast was raised
45,000 'tons this month to 375,000 tons, up 4 percent from last year's revised
import estimate. China's major vegetable oil consumption forecast for 1989/90
is 5.16"million tons, down 107,000 tons from last month but up 3 percent from
last year.
Lynn J. 'Garret t (202) 382-0143
Margaret Thursland (202) 447-6234
11
TABLE 1.
MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTIDN
(MILLIbN METRIC TONS)
1985/86 1986/87 1987/:38 1938/89 1989/90 1989/90
PRELIM FEBRUARY MARCH
PRODUCTION
SOYBEANS 97.05 98.08 103.67 94.93 107.15 107.28
COTTONSEED 30.63 27.17 31. 28 32.05 30.84 31.13
PEANUT 19.99 20.38 20.32 23.37 22.08 22.08
SUNFLOWERSEED 19.56 19.25 20.92 20.19 22.16 21.84
RAPESEED 18.70 19.55 23.44 22.51 21. 70 21.59
FLAXSE ED 2.35 2.66 2.27 1. 62 1.92 1. 92
COPRA 5.31 4.71 4.3;:> 4.43 4.69 4.57
PALM KERNEL 2.51 2.50 2.69 2.94 3.11 3.15
_______________ ______ ______ ____________ 4 ____ _____________
TOTAL
.
196.09 194.30' 208.91 202 Jl4 213.66 213.55
EXPORrS
SOYBEANS 26.07 28.54 30.10 23.09 26.21 26.22
COTTONSWJ 0.28 0.24 0.32 0.27 0.32 0.31
PEANUT 1. 37 1.28 1. 30 1.16 1. 23 1. 21
SUNFLOWERSEED 1. 98 1.81 2.22 1. 79 1.46 1. 52
RAPESEED 3.63 4.58 4.53 4.27 4.14 4.16
FLAXSEED 0.67 0.79 0.69 0.52 0.48 0.54
COPRA 0.44 0.32 0.27 0.27 0.30 0.30
PALM KERNEL 0.12 0.12 0.12 0.16 0.13 0.08
------------------------_ .... _---------------------------,-----.----
TOTAL 34.54 37.68 39.53 31. 52 34.26 34.32
IMPORTS
SOYBEANS 27.'i4 29.23 29.02 23.62 25.66 25.54
COTTONSEED 0.26 0.25 0.32 0.24 0.31 0.30
PEANUT 1.26 1. 27 1. 24 1. 22 1.26 1.24
1.89 1.94 2.06 1.86 1. 85 1.86
RAPESEED 3./'>5 4.92 4.39 4.45 4.30 . 4.33
FLAXSEED 0.73 0.80 0.63 0.55 0.63 0.63
COPRA 0.38 0.32 0.28 0.27 0.29 0.28
PALM KERNEL O. II 0.12 0.10 0.10 0.09 0.09
.. _--- _.. -----------
TOTAL 35.81 38.84 38.03 32.32 34.38 34.25
CRUSH
SOYBEANS 77 .42 ' 85.47 85.19 81.02 87.34 87.51
COTTONSEED 23.92 21.23 23.79 24.66 24.08 24.27 .
PEANUT 10.46 10.89 10.44 13.11 12.08 12.03
SUNFL0l1ERSEED 16.71 15.44 17.94 17.86 19.72 19.42
RAPESEED 16.99 18.44 21.015 20.36 20.58 20.53
FLAXSEEfl 1. 79 1.87 1.77 1.44 1.62 1.62
COPRA 5.31 4.65 4.28 4.29 4.57 4.41
PALM KERNEL 2.42 2.39 2.70 2.81 3.04 3.17
------------------------------------------.------------------------
TOTAL 155.02 161.37 167.17 165.56 .173.02 172.96
ENDING STOCKS
SOYBEANS 23.20 19.72 19.73 17.67 20.19 20.00
COTTONSEED 0.42 0.28 0.58 0.83 0.45 0.44
PEANUT 0.64 ().67 0.67 0.57 0.48 0.47
SUNFLOWERSEED 0.46 0.80 1.00 0.62 0.67 0.57
RAPESEED 1. 27 1.04 1. 24 1. 6\ 0.813 0.93:
FLAXSEtD 0.37 0.61 0.52 0.25 0.21 0.17 '
COPRA 0.27 0.21 0.14 0.17 0.18 0.20 .
PALM KERNf:I_ 0.13 0.15 0.09 0.15 0.11 0.12
___________________ __________________________ __ ______ _____
. TOTAL 26.75 23.47 23.97 21.86 23.17 22.91
NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND
OF AREAS OESIGNATEO SEE PAGE FOLLOWING TABLE 9.
SOURCE: COUNSELOR AND ATTACHE REPORTS, FOREIGN AGRICULTURAL SERVICE
OFFICIAL STATISTICS, USDA ESTIMATES OILSEEDS AND PRODUCTS
DATE : MARCH 1990
12
TABLE 3.
MAJOR VEGETABLE AND MARINE DILS: SUPPLY AND DISTRIBUTIDN
(MILLION METRIC fDNS)
PRDDUCT ION
SOYBEAN
PALM

RAPESEED
COTTONSEED
PEANUT
COCONUT
OLIVE
FISH
PALM KERNEL
LI NSEED
TOTAL
EXPOR fS
SOY8EAN
PALM 1/
SUNFLOWERSEEO
RAPESEED
COTTONSEED
PEANUT
COCONUT
'OLIVE
FISH
PALM KERNEL
LINSEED
TOTAL
It1PORTS
SOYBEAN
PALM 1/
SUNFLOWERSEED
RAPESEED
COTTONSEED
PEANUT
'cOCONUT
OLIVE
F[SH
PALM KERNEL
LINSEED
TOTAL
CONSUMPT
SOYBEAN
PALI-1

RAPESEED
COTTONSEED
PEANUT
COCONUT
OL IVE
FISH
PALM KERNEL
LI NSEED
TOTAL
ENDING STOCKS
SOYBEAN
PALM

RAPESEED
COTTONSEED
PEANUT
COCONUT
OLIVE
FISH
PALM KERNEL
LINSEED
TOTAL

13.85 '
8.06
6.65
6.23
3.47

3.30

1.52
1. 09
0.60
49.3'i
3.15
5.36
2.19
1. 31
0.3'i
0.33
1. 61
0.37
0.85
0.67
0.23
16.42
3.08
5.42
2.09
1. 20
0.31
0.30
1. 52
0.55
O.M
0.66
0.20
16.15
13.49
7.69
6.45
5.98
3.44
2.89
3.04
1.77
1.42
1.05
0.56
47. J7
1. 65
1.46
0.51
0.33
0.19
0.07
0.39
0.84
0.42
0.14
0.04
6.04
1986/87
15.20
7.98
6.57
6.85
3.05
3.10
2.93
]. 'i6
1. 34
1.07
0.64
50.28
3.90
5.20
]. 79
1.65
0.24
0.36
1.49
0.55
0.75
0.69
0.29
16.88
3.79
5.04
1.88
1. 41
0.27
0.33
1. 36
0.71
0.79
0.67
0.26
16.51

7.92
6.58
6.55
3.15
3.08
2.82
1.89
1.40
1.02

49.78
1.99
1.37
0.60
0.39
0.12
0.06
0.38
0.66
0.40
0.16
0.05
6.16
1987/88
15.24
8.39
7.25
7.76
3.47
2.97
2.65
1.90
1.40
1.21
0.61
52.85
3.84
5.58
2.18
1.83
0.39
0.31
1.39
0.46
0.74
0.74
0.22
17.58
3.73
5.63
2.13
1. 50
0..18
0.36
1. 37
0.51
0.75
0.79
0.20
17.33
15.05
8.22
7.19
7.27
3.43
3.05
2.6'i
1.77
1.41
1.25
0.58

2.07
1. 59
0.60
0.54
0.14
0.04
0.36
0.84
0.40
0.16
. 0.05
6.81
1988/89
PREll M.

9.47
7.19
7.56
3.58
3.75
2.66
1.48
1.61
1.26
0.49
53.60
3.72
6.05
2.12
1.88
0.36
0.21
1.18
0.48
1.02
0.86
0.19
18.07
3.71
6.00
2.10
1.50
0.32
0.32
1.20
0.56
0.89
0.84
0.20
17.64
15.01
9.05
7.24
7.22
3.53
3.85
2.66
1.77
1. 55
1.28
0.52
53.68
1.61
1. 96
0.52
0.50
0.15
0.05
0.38

0.33
0.13
0.04
, 6.30
1989/90
FEBRUARY
15.74
10.04
7.97
7.62
3.51
3.46
2.84
1. 53
1.'i9
1. 36
0.56
56.21
4.04
6.16
2.26
1.77
0.34
0.25
1.42
0.48
0.96
0.87 '
0.21
18.75
3.84
6.27
2.14
1.45
0.33
0.33
1.36
0.60
0.87
0.89
0.21
18.27
15.72
10.02
7.89
7.33
3.51
3.55
2.82
1.80
1. 57
1.37
0.56
'i6.14
1. 47
2.05
0.48
0.40
0.12
0.04
0.33
0.48
0.27
0.15
0.04
5.83
1989/90
MARCH
15.76
. 10.19
7.89
7.59
3.53
3.44
2.74
1. 53
1.56
1.41
0.55
. ,56.19
4.08
6.36
2.26
1. 74
0.36
0.24
1.41
0.48
0.93
0'.84
0.21
18.92
3.90
6.28
2.16
1.42
0.32
0.31
1.39
0.60
0.88
0.89
0.21 :
15.77
9.95
7.84
7.40
3.51
3.53
2.76
1.80
h57
1.39
0.56)
56.08 ..
1. 41
2.12
0.48 '
0.37 '
0.13
0.04
0.33
0.48 '
0:26
0.18
0.04
NOTE:
1/
TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF AREAS
DESIGNATED SEE PAGE TABLE 9.
PALM OIL TRADE EXCLUDES TRANSIUPMENTS THROUGH SINGAPORE.
;..i J
SOURCE: COUNSELOR AND ATTACHE REPORTS.
OFFICIAL STAflSTICS, USDA ESTIMATES
DATE: MARCH 1990
14
FOREIGN AGRICULTURAL SERVICE
OILSEEDS AND PRODUCTS
!
TABLE 4
MAJOR OILSEEDS, PROTEIN MEALS, FATS ANO OILS: WORLD PRODUCTION 1/
(MILLION METRIC TONS)
-.... - - -- .. - ..... - - .. ---_ ........ -... - ..... _ ... - ... - .... ---_ ..... _- _... -_ ........ -_ .. -- ----- ..
__ 4 .. __ .. .. _ --_ ------------.-- .-_ _ .. ---
WORLD OILSEEDS:
SOYBEAN
COTTONSEED
PEANUT
SUNFLOWERSEEO
RAPESEED
FLAXSEED

PALM KERNEL
TOTAL
PROTE IN MEALS:
SOYBEAN
COTTONSEEO
PEANUT
SUNFLOWERSEEO
RAPESEED
LINSEED
COPRA
PALM KERNEL

TOTAL
44% PROTEIN MEAL
EQUIVALENT 2/:
SOYBEAN
COTTONSEEO
PEANUT
SUNFLOWERSEED
RAPESEED
LINSEED
COPRA
PALM KERNEL
FISH
TOTAL
FATS &OILS
EDIBLE VEGETABLE:
SOYBEAN
COTTONSEED
PEANUT
SUNFLOWER SEED
RAPESEED
OLI VE
COCONUT
PALM KERNEL
PALM
TOTAL
INDUSTRIAL:
LINSEED
,. TOTAL
MARJNF. OILS;
FISH
, TOTAL
ANIMAL FATS:
BUTTER
(FAT CONTENT) .3/
TALLOW & GREASE
, TOTAL
TOTAL
(FATS & OILS)
1985/86
97.05
30.631
19.99
19.56
18. 70
2.35
5.31
2.51
196.09
61.04
II. 10
4.23
/.55
10.26
1. 14
1.89
1. 31
6.34
104.96
61. 04
8.99
4.75
7.23
7. 30
0:87
0.85
0.46
9.15
100.67
13.85
3. 4 7
2.96
6.65
6.23
1. 63
3.30
1. 09
8.06
47.22
0.60
0.00
1. 52
1. 52
5.68
0.40
12.
61. 4 3
1986/87
98.08
27'.17
20.38
19.25
19.55
2.66
4.71
2.50
194.30
67. 22
9.84
4.-41
7. 54
l1.lt
1. 19'
1. 72
1.28
6.04
110.35
67.22
7-.98
4.96
7.12
7.91
0.91
0.78
0.46
8.73
106.05
15.?0
3.05
3 10
6.57
6.85
1. 56
2.93
1.07
7.98
48.31
0.64
0.54
1. 34
1. 34
5.30
6.33
1 \: 63
61. 91
ln7/88
103.67
3 I. 28
20.32
20.92
23.44
2.27
4.32
2.69
208.91
67.58
11. 26
4.25
8.'18"
12.75
1. 12
1. 53
'1.43
6.45
114.54
67.58
9.13
4.77.
7. 72
9.07
0.86
0.69
0.51
9.32
109.64
IS.24
3.41
2.97
7.25
7.75
1. 90
2.05
1. 21
8.39
50.84
0.61
0.61
1. 40
l. 40
5.30
6.44
11.74
64.,9
1988/89
PRELIM
94.91
32.05
23.37
20.19
22.51
1. 62
4.43
2.94
202.04
63.95
11. 56
5.35
8.18
12.29
0.92
1. 53
1. 4 7
6.63
111.88
63. 95
9.37
6.01
7. 72
8.75
0.70
0.69
0.52
9.58
10/.29
14. S6
3.S8
3.75
7.19
7.50
1.48
2.61\
1. 20
9.47 ,
51.S0
0.49
0.49
1. 61
1.01
5.34
6.35
11. 69
65.30
1989/90
FEBRUARY
107.1S
30.84
22.08
22.16
21.70
1.92
4.69
3. 11
213.66
69.28
lr.?6
4.92
8.96
12.40
1.03
1. 63
1. 61
6.71
69.28
9.13
5.53
8.46
8.82
0.79
0.74
o. 57
9.69
113.00
15.74
3.51
3.46
/ .97
1.6?
1. 53
2.84
1. 30

54.0/
0.56
0.56
1. S9
5.34
N/ A
N/A
N/A
1989/90
MARCH
107.28
31. 13
22.oS
21-.84
21.59
1. 92
4.57
3.15
213.55
69.38
11.35
4.90
8.80
12.38
1. 0 3
1. 58
l.66
6.67

'69.38
9.20
5.50
8.31
8.81
0.79
O. /1
0.59
9.63
112.91
15.76
3.53
3.44
7.89
7.59
1. 53
2. 74
1. 41
10.19
54.08
O. S5
0,.55
1. S6
1. 56
5.34
N/A
N/A
N/A
1/', SPLIT YEAR INCLUDES NORTHERN HEMISPHERE cnops HARVESTED IN THE LATE MONrHS OF THE
,FIRST YEAR SHOWN COM8INEO WITH SOUTHERN HEMISPHERE AND CERTAIN NORTHERN HEMISPHERE
. CROPS HARVESTED IN THE EARLY MONTHS THE FOLLOWING YEAR. FOR SOYBEAN MEAL,
AND SOYBEAN OlL, ARGENTINA AND BRAZIL HAVE BEEN CONVERTED TO AN ocrOBER-SEPTEMBER
BASIS. ANIMAL. MARINE. AND PALM PRODUCTS ARE GENERALLY CALENDAR YEAR ESTIMATES FOR
THE SECOND YEAR SHOWN.' '
2/ PROTEIN MEAL EQUIVALENT IS CALCULATED ON THE OF STANDARD PROTEIN CONTENT ..
3/ BUTTER CONVERTEO TO A FAT-CONTENT BASIS BY USING 80 PERCENT FACTOR.
SOURCE: COUNSELOR AND ATTACHE'REPORTS,
OFFICIAL STATISTICS, USDA ESTIMATES
DATE: MARCH 1990
15
TABLE 5.
MAJOR OILSEEDS: 1/
AREA, YIELD, AND PRODUCTION BY MAIN PRODUCERS
AVERAGE 1983/84-1987/88 1988/,'39 1989/90
AREA 4/ YIELD 5/ PROD 6/ AREA 4/ YlEW 5/ PROD 6/ AREA 4/ YIELD 5/ PROD 6/
SOYBEANS
UNITED STATES 24.74 2.08 51.58 23.22 1.82 42.15 24.03 2.IR 52.44
BRAZIL 9.76 1.71 16.65 12.17 1.89 23.00 11.30 1.81 20.50
CHINA 7.81i 1.38 10.81 8.12 1.43 11.65 8.00 1. 35 10.80
ARGENT! NA 3.45 2.19 7.55 4.00 1.60 6.40 5.00 2.10 10.50
EC-12 0.21 1.1)4 0.65 0.52 3.21 1.66 0.61 2.91 1. 78
PARAGUIIY 0.53 1. 56 0.83 0.70 2.01 1.40 0.76 1.84 1.40
OTHER 5.90 1.18 6.95 6.82 1.27 8.68 7.46 1. 32 9.86
___________________________ ______________________ __________ ___________
TOTAL 52.46 1.81 95.02 55.54 1.71 94.93 57.16 1.88 107.28
COTTONSEED
CHINA 5.46 1.42 7.76 5.53 1. 27 7.05 5.36 1.25 6.70
UNI TED STATES 3.76 1.11 4.19 4.'34 1.14 5.50 3.84 1.13 4.32
USSR 3.37 1.38 4.64 3.43 1.42 4.87 3.33 1. 41i 4.85
INDIA 7.30 1).44 3.23 7.30 0.49 3.60 7.40 0.55 4.09
PAKISTAN 2.38 0.93 2.22 1.16 2.90 2.71 1.08 2.92
BRAZI l. 2.26 0.1i0 1. 36 2.23 0.54 1.20 2.35 0.62 1.45
OTHER 7.09 0.88 6.25 7.95 0.87 6.93 7.93 0.86 6.79
-------------_ ..
TOTAL 31. 52 0.94 29.65 33.78 0.95 32.05 32.92 0.95 31.13
PEANUT
INDIA 7.13 0.84 5.96 8.43 1. 07 9.00 8.10 0.99 8.00,
CHINA 2.84 1.93 5.50 2.91 1.95 5.69 2.96 1. 79 5.30
UNITED STATES 0.60 2.R8 1. 74 0.66 2.74 1.81 0.66 2.76 1. 83
SENEGAL 0.81 0.85 0.69 0.90 0.76 0.69 0.79 0.93 0.74
SUDAN 0.60 0.63 0.18 0.58 0.18 0.45 0.55 0.73 0.40
8RAZIL 0.15 1. 53 0.23 0.09 1. 75 0.16 0.09 1.46 0.13
ARGENTI NA 0.18 2.27 0.40 0.15 1.62 0.24 0.16 2.31 0.37
SOUTH AFRICA 0.21 0.78 0.16 0.19 1.24 0.23 0.19 1.24 0.23
OTHER 5.45 fl.8? 4.76 5.87 0.87 5.10 5.8
7
0.87 5.08
----.-.-.-.------_ ... -.--------.----------.-------- ... -----------.------.---
TOTAL 17 .98 1. lfl 19.R2 19.78 1.18 23.37 19.36 1.14 22.fl8
SUNFLOWERSEEO
USSR 4.05 1.29 5.24 4.28 1.44 6.16 4.40 1.59 7.00
ARGENTINA 2.25 1. 33 3.00 2.20 1.36 3.00 2.90 1.38 4.00
EASTERN EUROPE 1.24 1.82 2.21i 1.31 1.62 2.12 1.33 1.84 2.45
UN ITED STATE S 1.08 1. 29 1.40 0.78 1.05 0.81 0.74 1.10 0.81
CHINA 1.fJ4 1.45 1. 0.83 1.42 1.18 0.73 1.34 0.98
EC-12 1.92 1.49 2.86 2.12 1.87 3.97 I. 99 1.64 , 3.27
OTHER 3.04 0.78 2.38 3.44 0.86 2.95 3.77 0.89 3.34 ___ __ _____________________ ___________________________ _______________
TOTAL 14.61 1.28 18.1i5 14.96 1.35 20.19 15.85 1.38 21.84
RAPESEED
CHINA 4.35 1. 22 5.32 4.94 1.02 5.04 4.99 1.09 5.44
EC-12 1.34 2.81i 3.84 1.84 2.81 5.18 1.63 3.08 5.01
CANADA 2.70 1.27 3.43 3.157 1. 17 4.31 2.91 1.05 3.06
INDIA 4.04 0.71 2.88 4.87 0.86 4.20 4.80 0.79 3.80
EIISTERN EUROPE 0.84 2.28 1.91 0.88 2.49 2.19 0.99 2.49 2.47
OTHER 1.27 0.98 I. 25 1.69 0.94 1.59 1. 67 LOA 1.81
.-._---.----------------_.-.-._-------------------------------- .. _-------.-.
TOTAL 14.54 1. 2A 18.63 17.88 1. 26 22.51 16.99 1.27 21.59
FLAXSWJ
CANADA 0.155 1.17 0.76 0.50 0.74 0.37 0.64 0.83 0.53
ARGENT! NA 0.72 0.81 0.58 0.56 0.74 0.41 0.60 0.82 0.49
INDIA 1.32 0.29 0.38 1.18 0.30 0.35 1.20 0.33 0.40
USSR 1.11 0.21 0.23 1.04 0.21 0.22 1.10 0.20 0.23
UNITED STATES 0.23 0.91 n.21 0.09 0.45 0.04 0.07 0.47 0.03
OTHER 0.29 0.62 0.18 0.33 fl.66 0.22 0.35 0.67 0.24
___ . __________ ._4 ____________________________________ ._. ________ . ______ . ____
TOTAL 4.32 0.54 2.35 3.71 0.44 1.62 3.97 0.48 1.n
TOTAL OILSEEOS 135.53 1. 36 184.11 145.64 1. 34 194.68 146.25 1.41 205.83
1/ SPLIT YEAR INCLUDES NORTHERN HEMISPHERE CROPS HARVESTED IN THE LATE MONTHS OF THE FIRST YEAR
SHOWN COMBINEO WITH SOUTHERN HEMISHPERE AND CERTAIN NORTHERN HEMISHPERE CROPS HARVESTED IN
THE EARLY MONTHS OF THE FOLOWING YEAR.
2/ PRELIMINARY. 3/ FORECAST. 4/ IN MILLION HECTARES. 5/ IN TONS PER HECTARE.
Ii/ IN MILLION METRIC TONS.
OFFIr,IAL STATISTICS, USDA ESTIMATES OILSEEOS AND PRODUCTS
nATE: MARCH 1990
16
TABLE 6
SOYflEANS: WORLD SUPPLY AND DISTRIBUTION
1985/86 1986/87 1987/88 1988/89 1989/90 1989/90
PRELIM FEBRUARY MARCH
PRODUCTION
UNITED STATES 57.13 52.87 '52.75 42.15 52.44 52.44
BRAZIL 14.10 17.30 18.02 23.00 20.50 20.50
ARGENTINA 7.30 7.00 9.70 6.40 10.'50 10.50
CHINA 10.51 11.61 12.47 11.65 10.80 10.80
EC-12 0.34 0.90 1. 78 1.66 1. 78 1. 78
PARAGUAY 0.60 0.95 1.10 1.40 1.40 1.40
OTHER 7.08 7.45 7.86 8.68 9.74 9.86
----_ .. - ..--------------------------_ .... -------------------------------
TOTAL 97.05 98.01l 103.67 94.93 107.15 107.28
EXPORTS
UNITEI) STATES 20.16 20.60 21.87 14.35 .16.06 16.06
BRAZIL 1.19 3.29 2.71 4.74 4.50 4.50
ARGE NTI NA 2.54 1. 33 2.09 0.44 2.50 2.50
PARAGUAY 0.48 1.08 1.28 1.62 1. 30 1.3(]
CHINA 1.26 1. 75 1.48 1. 21 1.05 1.05
OTHER 0.45 0.49 0.67 0.74 0.81 0.81
-------------------'------_ ... ----------------------.---------------------
TOTAL 26.07 28.54 30.10 23.09 26.21 26;22
IMPORTS
EC-12 13.22 14.42 13.57 11. 17 12;4'5 12.45
GERMANY, FED REP 2.93 3.33 3.02 2.50 2.68 2.68
NETHERLANDS 2.70 3.24 3.79 3.13 3.56 3.56
SPAIN 2.13 2.73 2.37 1.95 2.24 2.24
ITAL Y 1.62 1.12 0.57 0.69 0.70 0.70
BEL-LIJX 1. 3'5 1.48 1. 35 1.14 1.27 1.27
PORTUGAL 0.92 0.96 0.84 0.68 0.80 0.80
OTHER WEUROPE 0.50 0.54 0.56 0.51 0.51 0.51
USSR 2.24 1.48 1 . 4 ~ 0.66 0.75 0.75
EASTERN EUROPE 0.79 0.77 0.74 0.44 0.66 0.66
ROMANIA 0.42 0.44 0.40 0.10 0.30 0.30
YUGOSLAVIA 0.29 0.21 0.24 0.24 0.25 0.25
POLAND 0.00 0.01 0.00 0.00 0.00 0.00
CHINA 0.28 0.19 0.21 0.03 0.20 0.20
JAPAN 4.80 4.87 4.85 4.29 4.40 4.40
KOREA, REP OF 1.01 1.01 1.10 l. 01 1.09 1.01
TAIWAN 1. 59 2.01 2.12 1.68 1.90 1.90
INDONESIA 0.38 0.32 0.63 0.37 0.60 0.60
MEXICO I.(]O 1.09 0.9'5 1.25 1.00 1.00 .
BRAZIL 0.29 0.29 0.47 0.06 0.00 0.00
OTHER 1.45 2.23 2.42 2.15 2.11 2.07
_ . - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~ ... _------------------ --------_ ..... _---
TOTAL 27.54. 29.23 29.02 23.62 25.66 25.54
CRUSH
UNITED STATES 28.66 32.09 31.95 28.79 29.67 29.80
LATIN AMERICA 19.27 22.20 21. 21 23.06 26.76 26.76
BRAZIL 12.46 14.48 12.95 14.3'5 16.'50 16.'50
ARGE NT! NA 4.37 4.89 5.40 6.02 7.20 7.20
MEXICO 1.73 1.70 1. 70 1. 5'5 1.75 1. 75
EC-12 12.80 13.49 12.97 11. 45 12.33 12.33
OTHER WEUROPE 0.51 0.51 0.56 0.50 0.50 0.50
USSR 2.47 1.97 1. 93 1. 36 1.46 1.46
EASTERN EUROPE 1.28 1.44 1. 34 0.94 1. 30 1. 38
ASrA 10.43 11.60 13.04 12.91 13.14 13.18
JAPAN 3.91 3.82 3.80 3.49 3.60 3.55
CHINA 2.69 3.64 4.88 4.38 4.14 4.14
TAIWAN 1. 38 1.65 1. 70 1.65 1.65 1.65
OTHER 1.99 2.17 2.17 2.01 2.19 2.19
____ ~ . _ . __ ~ _____ . ____________________ ~ _ .. 4. _________________________ ~ _ . ~
TOTAL 77 .42 B5.47 85.19 fll.02 87.34 87.51
ENDING STOCKS
UNITED STATES 14.60 11.88 8.23 4.95 9.12 8.98
BRAZIL 4.43 3.03 4.51 7.10 5.26 5.26
ARGENTI NA 1.82 2.19 3.88 3.27 3.47 3.47
OTHER 2.35 2.63 3.11 2.34 2.35 2.29
___ _____________________________ _-----------------------_- _0 --
TOTAL. 23.20 19.72 19.73 17.67 20.19 20.00
U. S. SEASON AVG.PRICE 5.05 4.78 5.88 7.42 5.35-5.65 5.45-5.65
NOTE: TOTALS MAY NOT ADD DUE TO,ROUNllING. FOR NOTES AND DESCRIPTION OF PRICES
AND AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 9.
OFFICIAL STATISflCS, USDA ESTIMATES OILSEEDS AND PRODUCTS
DATE: MARCH 1990
17
TABLE 7
SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION
(MILLION METRIC fONS)
- -
___ 4 __
PRODUCTION
UNITED STATES
LATIN AMERIC/\
BRAZIL

MEXICO
EC-12
OTHER WEUROPE
USSR
EASTERN EUROPE
ASIA
JAPAN
CHINA

OTHER

EXPORfS
UNITED STATES
BRAl rL
ARGENTINA
EC-12

OTHER
TOTAL
HIPOR fS
EC-V
FRANCE
GERMANY, FED REP
NETHERLANDS
ITAL Y
OTl1ER WEUROPE
USSll
EASTERN EUROPE
ASIA &OCEANIA
MID-EAST &NA'R
LATIN M1ERICA
OTHER
TOTAL
CONSUMPTION
UNITED STATtS
LATHI AI1ERICA
BRAZIL
ARGENTI'IA
11EXICO
EC-12
FRANCE
GERMANY. FED REP
IIETHERLANDS
ITALY
SPAll,
OTHER WEUROPE
I)S5',
EASTERN EUROPE
GERMAN OEM REP
POLAND
ASIA &OCEANIA
JAPAN
CHINA
TAWAN
KOREA, REP OF
MID-EAST &NAFR
OTHER
TOTAL
ENDING STOCKS
UNITED SfAfES
BRAZI L
ARGENTiNA
OTHER
TOTAL
U.S. 5EASON AVG.PRICE
19,95/86
22.64
15.00
9.69
3.49
I. 27
10.22
0.41
1. 93
I. 03
3.27
3.04
2.19
1.1)9
I. 56
51.04
5.48
7.38
3.ln
5.08
1.12
0.93
23.14
13.79
3.57
2.61
1.48
1.59
0.63
0.48
3.69
1.68
1.69
1.25
0.74
23.9')
17 .32
5.80
2.41
1);40
1. 3')
18.71
4.09
2.83
1.90
2.67
2.n5
0.86
2.41
4.69
]. 12
0.75
B.P
3.21
1.07
1.07
0.78
2.31
1.54
61. 77
0.19
0.61
0.13
I. 92
2.86
154.90
1986/87
25.18
17.26
11.28
3.87
1. 23
10.74
0.41
I. 54
1.16
9.24
2.97
3.00
I. 30
I. 69
67.22
6.66
8.37
3.47
5.08
I. 54
0.8')
25.96
13.50
3.6n
2.56
1.27
I. 55
0.64
2.90
3.90
1.81i
1.58
1.34
0.69
26.61
18.50
6.52
3.01
0.20
1. 29
19.74
4.09
2.88
1.85
2.79
2.84
0.93
4.44
4.98
j. 05
1.02
9.14
3.19
1.47
1.28
0;93
2.42
I. 49
67.65
0.22
0.52
0.33
2.00
3.07
152.70
1987/B8
25.46
16.56
10.13
4.29
1.23
10.39
0.45
1.55
1.08
10.40
2.97
3.98
1. 34
I. 70
67.58
6.23
7.35
4.10
4.32
2.34
0.80
25.14
12.08
3.ll
1;79
1.10
I. 32
0.70
3.00
3-.71
2.27
1.77
1.41
0.74
25.68
19.30
5.98
2.34
0.27
1.40
17.99
3.44
2.61
1.80
2.60
2.76
1.03
4.55
4.82
0.94
1.00
9.84
3.39
1.64
1.30
1.0')
2.42
1.59
67.51
0.14
0.97
0.25
2.32
3.68
221.90
1988/89
PREll M
22.63
18.11
11.24
4.85
1.13
9.11
0.40
1.08
0.75
10.32
2.72
3.57
I. 30
]. 57
63.95
4.56
8.68
4.80
4.02
1.8')
1.40
25.41
11.34
2.91
1.84
1.14
0.98
0.62
4.00
3.67
2.24
I. 93
1.32
0.82
25.94
17.96
5.97
2.83
0;03
I. 31
16.72
3.10
2.40
I. 70
2.58
2.55
0.90
5.08
4.44
0.97
1.00
9.93
3.30
1.75
1.40
1.15
2.51
I. 58
65.15
0.16

0.27
1.88
3.00
233,00
1989/90
FEBRUARY
23.66
20.97
12.92
5.76
I. 26
9.83
0.40
1.16
1.03
10.50
2.83
3.37
I. 30
1.73
69.28
4.22
10.35

4.37
1.68
1.35
27.31
12.24
3.30
1.95
1.14
I. 15
0.70
4.30
3.88
2.55
2.01
1.25
0.80
27.73
19.37
0.53
2.90
0.30
1.45
17.69
3.51
2.50
1.65
2.')5
2.77
0.97
5.46
4.93
i .15
1.00
10.55
3.30
1:69
1.40
I. 38
2.76
1.0?'
09.89
0.23
0.36
0.38
I. 67
2.63
160-180
1989/90
MARCH
23.75
20.97
12.92
5.76
]. 26
9.83
0.40
1.16
1.03
10.51
2.77
3.37
1.30
]. 73
69.33
4.22
10.35
5.35
4.37
1.68
1.35
27.31
12.24
3.30
1;95
1.14
1.15
0.64
4.30
3.88
2.45
2.01
1.24
0.'l0
27.57
19.40
6.53
2.90
0.30
1.45
17.69
3.51
2.50
I.n5
2.55
2.77
0.91
5.46
4.93
1.15
1.00
10.47
3.32
1.69
1.40
1.23
2.76
I. 62
59.83
0.23
0.30
0.38
1.84
2.81
160-180
NOTE: TABLES MAY NOT AOD OUE TO FOR NOTES AND DESCRIPTION OF
PRICES AND AREAS DESIGNATEO SEE PAGE FOLLOWING TABLE 9.
SOURCE: COUNSELOR AND ATTACHE REPORTS,
OFFICIAL STATISfICS. USDA ESTIMATES
DATE: MARCH 1990
18
FOqEIGN AGRICULTURAL SERVICE
OILSEEDS ANO PRODUCTS
TABLe 8
SOYBEAN WORLO SUPPLY, ANO DISTRIBIJTION
1985/B6 1986/87 1987/88 1988/89 1989/90 1989/90
PRELl M FEBRUAR Y MARCH
PRODUCTION
UNITEn SfATES 5.27 'i.80 5.89 5.32 5.54 5.57
LAT! N AMER ICA 3.52 4.01i 3.89 4.22 , 4.88 4.88
BRAZI L 2.35 2.73 2.44 2.70 3.10 3.10
ARGENT! NA 0.73 0.83 0.93 !. 03 1.2] I. 23
MEXICO 0.31 0.31 0.31 0.32 0.32
EC-12 2.25 2.36 2.28 2.02 2. II 2.17
OTHER WEU:<OPE 0.09 0.09 0.10 0.09 0.09 0.09
USSR 0.42 0.33 0.32 0.24 0.26 0.26
F.ASTERN EUROPE 0.21 0.23 0.21 o.IS 0.21 0.21
ASIA 1.14 l. 96 2.17 2.16 2.22 2.22
JAPAN 0.71 0.71 0.70 0.64 0.67 0.65
CIWIA 0.38 0.55 0.73 0.61i 0.62 0.62
TAIWAII 0.23 0.28 ' 0.29 0.28 0.28 28
OTHER 0.35 0.37 0.38 0.35 0.38 0.38
--_... -_. - ._ ... ------ - ... _-- --- -- . _.. '. --- -_. -- -- -- ---- ---- --_ .. -- -. _.. - -. ------
TOTAL 13.85 15.24 14.56 15.74 15.76
EXPORTS
UNITED <;rATES O. SI 0.54 0.85 0.15 0.66 0.68
BRAl.lL 0.45 0.95 0.61 0.70 0.95 0.95
ARGENT I NA o.1i4 0.73 0.84 0.88 1.03 I. 01
EC-12 I. 39 1.44 1.23 1.14 1.13 1.13
OTHER 0.10 0.24 0.31 0.25 0.28 0.30
- -_ ....... ---_ .... - ---- ... _--- -- .... --- _.- ... "------ --- ----- -_ .. -_ ... --_ .. - -- ._--
TOTAL 3.15 3.90 3.84 3.72 4.04 4.08
I11PORfS
IINl fEO STATES 0.01 0.09' 0.06 0.01 0.01
EC-12 0.51 53 0.51) 0.53 0'. SO O. SO
IISSR 0.11 0.22 O.P 'J.15 0.20
EASTERN EUROPE 0.14 0.13 0.10 0.14 0.15 0.18
CHUlA :J.l ] 0.41 0.14 0.36 0.33 0.38
INDIA 0.25 0.35 0.4? 0.05 0.10 0.10
PAKISTAN 0.32 0.19 0.40 0.48 0.44 0.44
MIO-EAST N AFR 0.61 0.79 0.81 0.85 0.90 0.90
IRA:I 0.31 0.42 0.41 0.43 0.44 0.44
IfOROCCO 0.01 0.12 O. 06 0.10 O. \0 0.10
TURt:EY 0.09 0.12 0.18 0.15 0.16 o.11i
TUNISIA 0.04 0.06 0.09 0.08 0.10 0.10
EGYPT 0.0 I 0.01 0.00 0.01 0.00 0.00
LAIIN 0.57 0.50 0.50 li.H 0.45
BRAlI L 0.12 0.11 0.01 0.05 0.03 0.03
ME XJCI) 0.0'i O. 03 0.05 0.06 0.06 0.06
CH ILE 0.03 0.04 0.03 0.04 0.06 0.06
PERU 0.01i 0.07 3.08 0.04 0.06 0.06
COLOMB IA 0.07 0.04 o.Oli 0.05 0.04 0.04
OTHER 0.45 0.1i5 0.1i1i 0.67 0.73 0.76
.. ____ "__ . _____ _.. ___ .. _ _____________ ... ______ ___ ._ _.-- ______
TOTAL 3. 08 3.79 3.73 3.71 3.84 3.90
CONSU,Mi' r Ion
STATES 4.51i 4.n 1.96 4 5.10 5.13
LATIN AMERICA ?.92 2.n 2.94 3.18 3.28 3.26
BRAZIL \. 94 I. 93 1. 03 2.13 2.20 2.20
ARGENTINA 0.10 0.08 0.10 0.12 0.12
11EXICO 0.33 0.34 0.34 0,33 0.36 0_ 3"
Ee-12 I. 38 1.41i I. 52 1.48 1.54 1.54
OTHER' WEIIROPE 0.17 D.17 0.17 O. 0.17 0.17
USSR 0.53 0.54 0.44 0.33 0.45 0.45
FASW1N EUROPE 0.33 0.34 0.31 0.29 0.36 0.38
2.45 3.10 3.40 3.33 3.33 3.36
JAPAN 0.70 0.71 0.69 0.61i 0.67 0.67
CHINA 0.50 0.96 0.87 \.02 0.95 1.00
gWAN. 0.22 0.27 0.28 0.29 0.29 0.29
KOREA, REP OF 0.15 0.16 a .11i O. \6 0.17 0.16
INDIA 0.47 0.45 0.62 0.42 IJ.39 0.39
P,I<ISfAN 0.21 0.27 0.43 0.45 0.44 0.44
BANGLADESH 0.07 D. j 2 0.16 0.20 0.23 D.23
MID-EAST & N AFR 0.75 0.95 0.94 0.98 1. 06 I. 06
IRAil O. J4 0.43 0.42 0.44 0.45 0.45
MOROCCO 0.08 0.12 0.07 0.10 0.10 0.10
TUR KE Y 0.11 0.13 0.19 0.17 0.20' 0.20
OTHER 0.40 0.37 0.37 0.39 0.43 0.43
.... __ __ ______ _." _______________ .. __________ 4 4'. __ ._ .... __________ ________
TO rAL 13.49 14.71i 15.05 15.01 15.72 15.71
PIG STOCKS
UNITf.D' STATES 0.43 0.78 0.95, 0.78 Q.57 0.54
BR ,_ 0.32 0.28 0.25 o 17 0.15 0.15
ARGENT I NA 0.10 0.1? 0.08 0.16 0.16
OTHER 0.81 O.BI 0.16 0.58 0.60 0.56
_ .. _ _______________ 4. ____ .... ______ ... __ .. - _____ .. - .......... ----- ..... ----- ------ ..
TOTAL 1.65 1.99 2.01 1. 6\ 1. 47 1.41
U'.S. SEASON AVG.PRICE 18.00 15.40 22.65 21.\0 19.5-21.5
NOTE: TABLES MAY NOT AOD OUE TO ROUNDING. FOR NOTES ArID DESCRIPTION OF
PR [CFS AND AREAS D,SIGNATED SEE PAGE FOLLOWING TABLE 9.
SOURCE: COUNSELOR AND ATTACHE REPORTS, FOREIGN AGR ICUL TURAL SERVICE
OFFICIAL STATISfICS, USDA ESTIMATES OILSEEDS AND PRODUCTS
DATE : 1990
19
TABLE 9
SOYBEANS AND PRODUCTS: WORLD TRADE
(1000 METRIC TONS)
----------SOYBEANS------------ "---------SOYBEAN MEAL-------- ---------SOYBEAN OIL---------
1987/88 1988/89 1989/90 1987/88 1988/89 1989/90 1987/88 1988/89 1989/90
EXPORTERS
UNITED STATES II (OCT-SEP) 21,870 14,350 16,057 6,233 4,655 4,218 850 754 680
BRAZIL (OCT-SEP) 2,710 4,739 4,500 7,347 8,684 10,350 609 696 950
ARGENTINA (OCT-SEP) 2,091 436 2,500 4,100 4,800 5,350 840 875 1,025
EC-12 (OCT-SEP) 328 242 287 4,317 4,020 4,368 1,228 1,143 1,127
SPAIN (OCT-SEP) 0 0 0 27 10 20 295 200 220
PORTUGAL (OCT-SEP) a 0 0 117 81 75 24 15 17
PARAGUAY (OCT-SEP) 1,280 1,620 1,300 80 105 115 16 18 20
OTHER 2/ MY 1,819 1,707 1,573 3,064 3,144 2,906 296 231 280
------------------------------------------------------------------------------------------
WORLD TOTAL 30,098 23,094 26,217 25,141 25,408 27,307 3,839 3,717 4,082
SELECTED IMPORTERS
EC-12 (OCT-SEP) 13,567 11,168 12,448 12,078 11,340 12,240 498 525 503
GERMANY,FED REP(OCT-SEP) 3,024 2,495 2,680 1,785 1,841 1,950 118 124 135
. NETHERLANDS (OCT-SEP) 3,789 3,133 3,560 1,095 1,142 1,140 30 59 40
SPAIN (OCT-SEP) 2,372 1,950 2,240 1,173 1,250 1,200 4 2 2
ITALY (OCT-SEP) 565 688 700 1,321 982 1,150 17 13 15
BEL-LUX (OCT-SEP) 1,347 1,138 1,270 728 690 710 62 64 64
PORTUGAL (OCT-SEP) 836 684 799 113 74 90 0 0 0
FRANCE (OCT-SEP) 490 244 200 3,110 2,907 3,300 69 73 65
U.K. (OCT-SEP) 769 527 650 1,195 1,030 1,200 144 133 125
DENMARK (OCT-SEP) 67 60 60 1,360 1,189 1,260 40 40 40
OTHER WEUROPE 21 MY 557 508 512 . 701 620 635 98 95 95
USSR (OCT-SEP) 1,420 660 750 3,000 4,000 4,300 115 145 195 -
EASTERN EUROPE (OCT-SEP) 737 440 655 3,707 3,666 3,883 97 136 175
N
ROMANIA (OCT-SEP) 400 100 300 57 83 83 0 0 a
0
YUGOSLAVIA (OCT-SEP) 240 235 250 130 93 100 0 22 40
POLAND (OCT-SEP) a 0 0 980 1,000 1,000 55 60 . 82
GERMAN OEM REP (OCT-SEP) 10 20 20 915 950 1,150 36 40
.
40
HUNGARY (OCT-SEP) 0 0 0 610 600 600 2 3 2
CZECHOSLOVAKIA (OCT-SEP) 13 10 10 450 440 450 1 1 1
ASIA 21 MY 9,481 7,822 8,698 2,223 2,227 2,425 1,367 1,277 1,358
,JAPAN (OCT-SEP) 4,847 4,286 4,400 552 377 550 12 11 15
TAIWAN (OCT-SEP) 2,119 1,684 1,900 0 51 100 4 6 4
KOREA, REP OF ( NOV-OCT) 1,096 1,009 1,010 307 518 518 0 0 0
INDONESIA (OCT-SEp) 628 . 370 600 134 80 40 35 5 5
PHILIPPINES (JAN-DEC) - 24 7.5 23 513 500 525 17 18
20 .
INDIA (OCT-SEP) 25 0 0 0 0 0 419 46 100
PAKISTAN (OCT-SEP) 0 0 5 5 14 22 402 483 435
MID-EASTIN AFR 21 MY 550 564 569 1,765 1,929 2,011 807 847 904 -
ISRAEL (OCT-SEP) 410 400 400 0 0 0 1 1 1
IRAN (OCT-SEP) 0 0 0 250 250 275 410 430 440
EGYPT (OCT-SEP) 65 65 70 277 280 300 0 7 0
IRAQ (OCT-SEP) 0 0 0 310 300 320 1 1 1
MOROCCO (OCT-SEP) 23 22 20 0 0 0 60 100 100
TUNISIA (OCT-SEP) 0 0 0 82 128 121 89 82 101
ALGERIA (JAN-DEC) 0 0 0 350 425 430 2 5 5
TURKEY (NOV-OCT) 0 30 30 29 57 25 178 150:. 160
LATIN AMERICA 21 MY 2,059 2,290 1,712 1,414 1,324 1,244 495 405 454
MEXICO (SEP-AUG) 950 1,250 1,000 150 200 110 49 55 55
VENEZUELA (OCT-SER) 148 130 150 635 580 450 95 83 90
CANADA (AUG-JUL) 151 159 150 682 762 750 8 3 3
NOTE: SEE FOLLOWING PAGE FOR COUNTRIES INCLUDED .IN REGIONAL AREAS.
1/ SEP-AUG FOR SOYBEANS. 21 AN AGGREGATE OF INDIVIDUAL MARKETING YEARS.
SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES FOREIGN AGRICULTURAL SERVICE
LiAn: "ARCH 1 "9n OILSEEDS AND PRODUCTS
NOTES ON' \JOlRW SIlWPLYIIDJ1&MAWD 'll'A1Ul&S:
-- Trade, crush, consumption, and stocks data are aggregated using individual
marketing years, except for Argentina and Brazil 'which are converted to an
October-September basis. For Northern Hemisphere, countries, marketing years
begin in the first year shown, and Southern, Hemisphere countries begin in the
second year.
-- imports and exports will not, balance due to difference in,marketing
years and to time, lags between exportation and importation.
-- Stocks data are not estimated for all countris.
-- Price averages are dollars per bushelfcir soybeans, dollars per short for
soybean meal, and cents per pound for soybean oil ..
-- Regional area and country designations in the soybean, soybean meal, and
soybean oil supply, distribution, and. trade tables are as follows:
AfJdca, Nortlrn
Algeria
Egypt
Libya
Morocco
Tunisia
Africa, Otlhier
Angola
Burkina (Upper Volta)
Kenya
Mauri tius
Malagasy Republic
Nigeria
Senegal
Somalia
South Africa
Tanzania
Zambia
Zimbabwe
Asia
Bangladesh'
Burma
, China
Hong Kong
India
Indonesia
Japan
Kampuchea'
Korea, North
Korea, Republic of
Malaysia
Pakistan
Philippines
Singapore
Sri Lanka
Taiwan
Thailand
Vietnam
Canada.
Europe, 1&asterJrn
Bulgaria,
Czechoslovakia
German Democratic Republic
Hungary
Poland
Romania
Yugoslavia
l&urope, (JrnoJrn-1&C)
Austria
Finland
Malta
Norway
Sweden
Swi tzerlimd
Europe, (l&C-12)
Belgium and.Luxembourg
Denmark.
France
Germany, Federal Republic of
'Greece
Ireland
Italy
Netherlands
Portugal
Spain
United Kingdom
Latillll America
Argentina
Barbados
. Bolivia
Brazil
Chile
Colombia
Costa Rica
Cuba
Dominican Republic
.21
LatiJrn America. (coJrnVt)
Ecuador
Guatemala
Guyana
Haiti
"Honduras
Jamaica
Mexico
Netherlands Antilles
, Nicaragua
Panama
Paraguay
, Peru
Trinidad-Tobago
Uruguay
Venezuela
tJid!d!le l&ast
Iran
Israel
Iraq
Jordan
Kuwait
Lebanon
Saudi Arabia
Syria
Turkey
Oceaumia
Australia
New Zealand
Ull1!i ted! States
USSR (Soviet UllllioJrn)
TARLE
VEGETABLE OIL PRODUCTION, f.ONSIJMPTlON AND IMPDR rs
FOR SELiC lED COUNTRIES, 1,000 MErRIC TONS
IMPORT
MARKETING ' 19,94/85 1935/36 193fi/37 1987/8B 19,9,9/J9 1989/90
YEAR PREL 1M FORECAS r
I NOlA rOTAl PRODUCT JON MY 3,463 3,on 3,006 ' 3,197 4,340 4,140
TOTAL CONSUMPT JON MY 4,860 4,286 4,46? 5,111 4,941 5,187
TOTAL IMPORTS MY 1,357 1,;>\3 1,526 1,957 441 957
PALM OIL (OCT-SEP) 730 19,9 921 1,120 330 750
SOYBEAN OIL (OCT-SEP) 398 256 363 419 46 lilD
RAPESEED OIL (OCT-SEP) 229 150 241 337 61 IOil
U. S. 5.R. TOTAL PRODUCTION MY 2,398 2,946 ,'2,885 3,099 3,002 3,434
TOTAL CONSUMPTION MY'", .. ,1,337 3,469 3,7BO 3,675 3,844 4,301
. TOTAL- H1PORTS . MY \,030 661 'Jill (,57 863 948
PALM OIL (OCT -SEP) 219 " 197 2V PO J 16 325
SIiNFLOWERSEED OIL (SEP-AUG) 325
.. 2110 267 190 200 250
SOYBEAN OIL (OCT-SEP) 3?5 110 215 115 145 195
PAKISTAN TOTAL PRODUCTION MY 289 344 347 380 385 395
TOTAL CONSUMPTION MY 940 . 1,115 1,188 1,272 1,353 1,383
TOTAL JMPOR rs 655 1,016 606 882 9713 1,010
PALM OIL (OCT-SEP) 466 692 378 455 470 550
SOYBEAN OIL (OCT -SEP) 189 320 1BQ 402 435
EGYPT TOTAL PROO'JOlON MY 137 144 144 123 .113 121
TOTAL 'CONSUI1PT JON MY 649 612 572 654 718 822
TOTAL IMPORTS MY 512 468 428 531 6il5 701
SUNFLOWERSEEO OIL (OCT-SEP) 230 2411 ;>65, 275 275 340
COTTONSEED OIL (OCT-SEP) Wi 126 101 117 100 115
PALM OIL (IJCT-SEP) 41 45 41 120 203 225
SOYBEAN OIL . (OCT-SEPt 35 11 8 0 ,7 0
IRAN TOTAL PRODUCTION MY " 43 33 35 35 36 36
TilTAL CONSUMP.TION My' 486 434 486 4711 541 S51
rOTAL IMPORTS MY 443 401 451 '143 511 ,21
PALM OIL (OCT-SEP) a 0 2 60 60
SOYBEAN OIL (OCT-SEP) 382 325 420 410 430 14,1
SlINFLOWERSEED OIL (OCT-SEP) 60 15 30 30 20 20
ALGER I A TOTAL PRODUC rION MY I;> 12 I? 12 ., 13 14
TOTAL CONSUMPT JON MY 262 247 193 257 259 299
10TAL IMPORTS MY 2,0 .235 BI 245 249 2:J4
SUNFLOWERSEED OIL (JAN-DEC) 67 140 101 I,D 150 175
RAPESEED OIL (JAN-DEC) 170 85 71 75 75 85
MOROCCO rOTAL PRODUCT ION MY 62 67 78 86 85 ]:'3
TOTAL CONSUMPTION MY 27B 252 246 21i6 276 291
TOTAL IMPORTS MY 211 1gO 177 173 195 1>14
SOYBEAN OIL (OCT-SEP) 120 70 115 60 100 100
RAPESEED O,IL (IJCr-SEP) 84 113 58' 106 91 ,3D
NIGERIA TOTAL PROOUCrION MY 715 745 796 792 704 787
TOTAL CONSUMPTION /1Y 829 9S7 f) 10 722 754 824
TOTAL J.MPORTS MY 171' 230 20 20 20 50
PALM OIL (OCT-SEP) aD 200 20 20 20 50
RAPESEED OIL (OCT-SEP) 65 20 0 0 0 I)
SOYBEAN OIL (OCT-SEP) 5 10 0 0 0 0
VENEZUELA TOTAL PRODUCTION MY 53 43 69 74 97 109
TOTAL CONSUI1PTION r1Y ;>98 2(,4 JOB 338 3,7 360
TOTAL IMPORTS /1Y 271 224 ?3'i 267 249 2'it
SUNFLOWERSEED OIL (OCT-SEP) 94 89 111 130 1?0 12,1
SOYAEAN OIL (OCT-SEP) B8 64 75 95 33 90
COTTONSEED OIL (1CT-SEP) 87 69 46
41 ' 45 40
CHINA TOTAL PROOUC I I ON MY 3,328 3,799 1,8I.) 4, J25 1,114 3,663
TOTAL CONSUMPT ION 3,135 4,071 4, 'iliJ 4,980 5,021 5,Iol
TOTAL IMPORTS MY 133 411 845 595 1,345 1,514
PAUl OIL (OCT-SEP) . 62 193 25:3 ISS 695 750
SOYBEAN OIL (OCT-SEP) 21 126 414 136 ' 359. 3/5
RAPESEEO OIL (DC r -SEP) 3 ?5 105 52 235 .100
BANGLADESH TOTAL PRODUCrION MY 111 104 114 III 123 120
TOTAL CONSUMPTION MY 2-'; " 3';1 418 403 414 484
TOTAL UlPORTS Y ;>20 307 337 JI4 299 385
OIL (OCr-SEP) 53 61 136 179 220 240
PALM 01 L (OCT"SEO) 14fi 220 1:11 I\)5 64 125
TOTAL OF
SELECTED
IMPORTERS TOTAL PRODUCTION MY 10,611 11,200 11,299
L" 14
12,fi72 12,942
TOTAL CONSUMPTION MY 15,557 16,074 17,032 1:1,059 18,484 19,669
10TAL' IMPORTS MY 5,2';3 5,155 5,787 6,084 5,755 6,805
PALM OIL MY 1,744 2,345 ;>,0131 2,30' ?,158 2,835
.. SOYnEAN OIL MY 1,620 1,351 1,935 1,826 1,8B} .. 1,985
SUNFLOWERSEEO OIL I1Y 896 822 891 914 , 865: 1,005
RAPESEEO 'OIL
MY ,
564 4.02 541 5,3 507, 535
NOTE: PRODUCTlON IS OIL PROCESSED DOMESTIC AND/OR INPORTEO OTLSEEDS, PLilS OIL fROM OTHER'
DOMESTIC SOURCES (E.G. 'PALM OIL, FISH OIL). A'W1AL FATS ARE NOT INCLUDED. CONSUMPTION'
OATA MAY INCLUDE YEAR- TOYEAR ADJUSTMENTS IN CASES WHERE STOCKS ClArA ARE NOT AVAILABLE
OR ARE NOT RELIABLE.
FOREIGN AGlllCULTURAL SERVICE SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFicfAL STAT1STICS,
.ilSOA i:STIMATES OILSEEOS AND PROIJUC rs
DATE: MARCH 1990
22
TABLE 11
UNITED STATES: OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION
LOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA YlELO PROD Ir1PORTS EXPORTS CRUSH DOMESTIC ENDING
HA MT/HA CONS STOCKS
MAJOR OILSEEDS
1980/81(80) 35,115 1. 592 55,915 274 21,568 32,756 37,327 9,318
1981/82(81) 34,755 1.840- 63,964 108 27,142 33,087 38,079 8,169
1982/83(82) 34,767 1. 960 68,154 90 26,318 34,745 39,608 10,487
1983/84(83) 30,307 1. 664 50,430 153 21,643 '30,186 34,181 5,246
1984/85(84) 33,285 1.778 59,190 123 17,720 32,322 37,090 9,749
1985/86(85) 31,050 2.107 65,427 101 21,010 33,063 38,719 15,548
1986/87(86) 28,713 2.072 59,500 66 21,257 35 ;495 41,016 12,841
1987/88(87} 2.8 , 727 2.123 60,992 '36 22,469 l6,461 42,258 9,192
1988/89(88) 29,580 1. 701 50,311 232 14,814 33,373 38,876 6,045
1989/90(89) 29,347 -2.025 59,438 352 16,571 33,877 39,643 9,621
MAJOR PROTEIN MEALS
1980/81(80)

24,747 105 6,404
18,460 255
1981/82(81)

25,234 110 6,507
18,782 310

26,739 140 6,592
20,074 523
1983/84(83)

22,630 171 5,012
17,976 336
1984/85(84)

24,819 377 4,564
20,532 436
N
1985/86(85)

25,058 297 5,629
19,889 273
Vl
1986/87(86) 27',172 394 6,840 20,743 256

1987/88(87)

27,990 334 6,487
21,902 191
1988/89(88)

25,080 408 4,817
20,614 248
1989/90(89)

26,045 378 4,389
21,995 287
MAJOR VEGETABLE AND MARINE OILS
1980/81(80)

6,214 --
777 1,527
5,274 1,039
1981/82(81)

6,160 671 1,574
5,517 779
1982/83(82)

6,591 699 1,597
5,618 854
1983/84(83)

5,832 727 1, 376
5,520 517
1984/85(84)

6,256 788
-
1 ,235
5,797 529
1985/ 86 ( 85 )

6,383 1,10'5 1,122
6,085 810
1986/87(86)

6,714 _ 1,063 933
6,500 1,154
1-98 7/ 88 ( g7 )

7,084 1,201 1,464
6,602 1,373
1988/89(88)

6,428 1,033 1,254
6,498 1,082
1989/90(89)

6,645 1,016 1,152
6,786 805
NOTE: MAJOR OILSEEDS INCLUDE COTTONSEED, FLAXSEED, PEANUTS, RAPESEED, SOYBEANS,
AND SUNFLOWER SEED.
MAJOR PROTEIN MEALS INCLUDE COPRA, COTTONSEED, FISH, LINSEED, PEANUT, RAPESEED,
SOYBEAN, AND SUNFLOWERSEED.
MAJOR VEGETABLE AND FISH OILS INCLUDE COCONUT, COTTONSEED, FISH, LINSEED, OLIVE,
PALM. PALM KERNEL, PEANUT, RAPESEED, SOYBEAN, AND SUNFLOWERSEED.
DATE: MARCH i990
TABLE 12
UNITED STATES: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION
(1000 METRIC TONS)
AREA YIELD PROD IMPORTS EXPORTS CRUSH DOMESTIC ENDING
SOYBEAN (SEP-AUG)
1980/81(30) 27,443 1.783 48,921 0 19,712 27,773 30,446 8,519
1981/82(81) 26,776 2.022 54,135 0 28,032 30,443 6,926
1982/83(82) 28,102 2.121 59,610 0 24,6]4 30,155 32,523 9,379
1983/84(83) 25,303 1. 759 44,518 0 20,215 26,753 28,900 -4,782
1984/85(84) 26,755 1. 893 50,644 0 16,279 28,032 30,545 8,602
1985/86(85) 24,929 2.292 57,127 0 20,158 28,658 30,974 14,5g}
1986/87(86) , 23,598 2.24 52,868 0 20,60'0 32,087 34,987 11,378
1987/88(87) 23,137 2.28 52,746 0 21,870 31,951 34,522 8,232
1988/89(38) 23,218 1. 815 42,152 0 14,350 28,794 31,080 4,954
1989/90(89) 24,033 2.182 52,439 0 16,057 29,801 32,355 8,981-
MEAL (OCT-SEP)
1980/81(30)

22,055 0 6,154
15,958 148
1981/82(81)

22,348 0 6,266
16,071 159
19132/83 (82)

'24,235 0 6,449
17,515 430
N 1983/84(83) , .,
20,646 0 4,862
'15,983 231
In4/85(84) 22,252 0 4,460 17,672 351
' .

1985/86(85)

22,635 0 5,476
17,318 192
1986/87(86) , . 0 25,182 0 6,661
18,495 218
, 1987/88(87)

25,456 0 6,233
19,302 139
1988/89(88)

22,628 4 4,655
17,959 157
1989/90(89)

23,747 0 4.218
19.459 227
SOYBEAN_ OIL (OCT-SEP)
1980/81(80)
.'

5.112 0 740
4,134 787
198 1/82( 8 1 ) , .-
4,980 0 94,2
4,325 500
1982/83(82)
'.
5,462 0 918
4.472 572
1983/84(8))

4.932 0 827
4.350 327
1984/8?(84') , ' ,

5.202 9 753
4.498 287
1985/86(85)

5.269 4 570
4.560 430
1986/87(86)

5.798 7 538
4.915 782
1987/88(87)

5.885 88 850
4.956 949
1988/89(88)

5.324 62 754
4,803 778
1989/90(89)

5.566 7 680
5.127 544
SOURCE: COUNSELOR AND ATTACHE REPORTS.
OFFICIAL STATISTICS.
USDA ESTIMATES
DATE: MARCH 1990
TABLE 13
BRAZIL: SOYBEANS AND PRODUCTS SUPPLY AND DISfRIBUTION
LOCAL MARKETING YEARS.
(1,000 METRIC TONS)
AREA YIELD PROD HIPORTS EXPORTS CRUSH DOMESTIC ENDING
S O Y B E A ~ S 1FEB-JAN)
1981/82(80) 8,501 1.788 15,200 934 1,502 13,796 14,686 1,037
1982/83(81) 8,202 1. 565 12,81'1 1,252 797 12,728 13,623 704
1983/84(82) 8,136 L813 14,750 34 1,316 12,873 13,942 230
1984/85(83) 9,421 1. 650 15,541 154 1,580 12,517 13,664 681
1985/86(84) 10,153 1. 800 18,278 378 3,456 13,774 14,899 982
1986/87(85) 9,450 1. 492 14,100 337 1,192 . 12,332 13,377 850
1987/88(86) 9,270 1.866 17,300 441 3,290 13,820 15,031 270
1988/89(87) 10,524 1. 712 18,021 62 3,020 13,676 15,033 300
1989/90(88) 12,170 1. 890 23,000 63 5,081 16,000 17,362 920
1990/91(89) 11,300 1. 814 20,500 0 4,.200 15,500 16,825 395
SOYBEAN MEAL (FEB-JAN)
1981/82(80)
10,607 0 8,562 2,271 393

1982/83(81)

9,879 0 7,822
1,956 494
N
1983/84(82)

9,960 0 7,994 2,169 291
U1 1984/85(83)

9,714 0 7,690
1,952 363
1985/86(84)
10,688 0 8,628
2,120 303
1986/87(85)
9,590 0 6,961
2,649 283
1987/88(%)

10,782 0 8,030 2,779 256
1988/89(87)

10,710 0 8,477
2,191 298
1989/90(88)
12,525 0 9,578
2,750 495
1990/91(89)
12,135 0 9,300 2,950 380

SOYBEAN OIL (FEB-JAN)
1981/82(80)
2,585 0 1,212 1,490 145

1982/83(81)

2,392 22 873
1,505 181
t983/84(82)
2,408 43 947
1,575 110
1984/85(83)

2,353 144 920 1,580 107
t985/86(84)
2,587 107 935 1,596 270

1986/87(85) 2,319 158 413 2,074 260
1987/88(86) 2,605 59 975 1,83;' 11 7
1988/89(87)

2,576 61 661
1,959 134
1989/90(88)
3,010 15 865
2,050 244
1990/91(89)

2,920 25 850 2,100 239
OFFICIAL STArISTICS, OILSEEDS AND PRODUCTS
USDA ESTIMArES
DATE : MARCH 1990
TABLE 14
ARGENTINA: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION
(1,000 METRIC TONS)
AREA YIELD' PROD IMPORTS EXPORTS CRUSH DOMESTIC ENDING
SOYBEANS (APR-MAR)
1981/82(80) 1,740 2.011 3,500 0 2,190 1,081 1,279 235
1982/83(81) 1,986 2.090 4,150 0 2,151 1,907 2,127 107
1983/84(82) 2,281 1. 841 4,200 o 1,338 2,399 2,637 332
1984/85(83) 2,910 2.405 0 3,132 3,617 3,922 278
1985/86(84) 3,270 2.064 6,750' 0 2,954 3,445 3,780 294
1986/87(85) 3,3'16 2.201 7,300 0, 2,566 4,347 4,711 317
3,510 1. 994 7,000 0 1,292 4,969 5,384 641
1988/89(87) 4,260 2.277 9,700 0 2,100 6,969 7,489 752
1989/90(88) 4,000 lo600 6,400 0 500 5,800 6,350 302
1990/91(89) 5,000 2.100 10,500 0 2,500 7,300 7,900 402
SOYBEAN MEAL (APR-MAR)
1981/82(80)

838 0 591
241 22
1982/83(81')

1,500 0 1,209
261 52
1983/84(82)

1,924 0 1,765
116 95
N
1984/85(83)

2,893 0 2,663
206 119
0'1
1985/86(84) 2,739 0 2,521 303 34

198 ti /87 ( 85)

3,455 0 ,3,248
18'7 54
1987/88(86)

3,9.22 0 3,6'00
332 44
1988/89(87)

5,582 0 5,35'0
82 194
1989/90(88)

4,630 0 4,290
370 164
1990/91(89):

5,825 0 5,450
350 1,89
SOYBEAN OIL (APR-MAR)
1981/82(80)

183 0 84
103 8
1982/83(81)

312 0 220
82 18
1983/84(82)

391 0 298
76 3'7
1984/85(83)

593 0 504
78 48
1985/8:6(84 )

579 0 544
43 40
1986/87(85)

729 0 649
62 58
1987/88(86)

853 0 800
93 18
1988/89 (87)
"

1,199 0 980
169 68
1989/90(88)

1,1)00 a 885
125 58
1990/91(89)

1,255 () 1,100
135 78
OFFICIAL STATISTICS, OILSEEDS AND PROOUCTS
USDA ESTIMATES
DATE : MARCH 1990
TABLE 15
ARGENTINA: SUNFlOWERSEED AND PRODUCTS SUPPLY AND DISTRIBUTION
lOCAL MARKETING YEARS
(1,000 METRIC TONS)
AREA VI ElD PROD IMPORTS EXPORTS CRUSH DOMESTIC ENDING
SUNFLOWERSEEO
1981/82(80) 1,280 0.984 1.260 0 25 1 ,201 1 ,230 136
198 2/8 3 (8 1 ) 1.673 1.184 1.980 0 19 1,845 1,883 214
1983/84(82) 1 ,902 1. 262 2,400 0 3 2.319 2,363 248
1984/85(83) 1,989 1.106 2.200 0 146 2,054 2,098 204
1985/86(84) 2,350 1. 447 3,400 0 389 3,136 3,194 21
1986/87(85) 3,046 1. 346 4,100 0 517 3,484 3.544 60
1987/88(86) 1.800 1.389 2.500 0 47 2,253 2,289 224
1988/89(87) 2,058 1.361 2,800 0 52 2,549 2,594 378
1989/90(88) 2,200 1. 364 3,000 0 120 2.950 3.005 253
1990/91(89) 2.900 1. 379 4,000 0 300 3,600 3,660 293
SUNFlOWERSEED MEAL (MAR-FEB)
1981/82(80)

525 0 469
40 43
1982/83(81)

797 0 662
135 43
lq83/84(82)

1,030 0 965
57 51
IV
1984/85(83)

943 0 855
80 59
........ 1985/86(84)

1,380 0 1,204
128 107
1986/87(85)

1,512 0 1,397
130 92
1987/88(86)

1,002 0 928
66 100
1988/89(87)

1,110 0 1,050
63 97
1989/90(88)

1.298 0 1,223
95 77
1990/91(89)

1.586 0 1 ,455
110 98
SUNFLOWERSEED OIL (MAR-FEB)
1981/82(80)

427 0 207
204 51
1982/83(81)

683 0 435
259 40
1983/84(82)

904 0 656
240 48
1984/85(83)

812 0 560
264 36
1985/86(84)

1 ,261 0 885
319 93
1986/87(85)

1.408 0 1.065
345 91
1987/88(86)

919 o . 602
349 59
1988/89(87)

1.033 0 699
330 63
1989/90(88)

1.196 0 830
384 45
1990/91(89)

1 ,461 0 1 ,050
383 73
OFFICIAL STATISTICS,
USDA ESTIMATES
DATE: MARCH 1990
1/ AN AGGREGATE OF DIFFERENT MARKETING Y E A R S ~
2/ BASED ON EC IMPORT DATA ONLY.
3/ CORN GLUTEN FEED/MEAL NOT INCLUDED.
4/ 44-PERCENT SOYBEAN MEAL EQUIVALENT, INCLUDING CORN GLUTEN/FEED MEAL. ,.
5/ OCTOBER-SEPTEMBER YEARS. '
SOURCE: COUNSELOR AND ATTACHE REPORTS
s
OFFICIAL STATISTICS
s
USDA ESTIMATES,
DATE: MARCH 1990
28
OILSEEDS AND PRODUCTS .
..... -,
TABLE 17
MALAYSIA: PALM OIL SUPPLY AND DISTRIBUTION
(1,000 METRIC TONS)
BEGINNING
STOCKS PRODUCTION EXPORTS 1/
ENDING
CONSUMPTION 2/ STOCKS
1970
1971
1972
1973
1974
1975
1976
1977
1978
,1979
1979/80 3/
1980/81
1981/82
1982/83 4/
1983/84
OCT-DEC
JAN-MAR
APR-JUN
JUL-SEP
TOTAL 4/
1984/85
OCT-DEC
JAN-MAR
APR-JUN
JUL-SEP
TOTAL 4/
1985/86
OCT-DEC
JAN-MAR
APR-JUN
JUL-SEP
TOTAL 4/
1986/87
OCT-DEC
JAN-MAR
APR-JUN
JUL-SEP
TOTAL
1987/88
OCT-DEC
JAN-MAR
APR-JUN
JUL-SEP
TOTAL
1988/89
OCT-DEC
JAN-MAR 5/
APR-JUN 5/
JUL-SEP 6/.
TOTAL 6/
1989/90
OCT-DEC 6/
JAN-MAR
APR-JUN
JUL-SEP
TOTAL 6/
14
34
42
64
59
130
166
142
193
335
320
416
258
521
318
472
530
613
652
684
869
869
431
589
729
813
1,046
1,258
1,392
1,613
1,786
2,188
2,540
2,692
3,351
3,179
756
546
890
1,130
3,324
1,148
691
732
1,246
3,817
1,463
1,039
974
1,297
4,773
1,228
833
1,020
1,479
4,560
1,200
879.
1,245
1,528
4,852
1,378
1,074
1,342
1,842
5,636
1,794
5,900
402
573
697
797
902
1,160
1,335
1,427
1,514
1,901
2,174
2,430
2,654
2,864
809
494
641
875
2,813
973
801
662
820
3,240
908
955
1,070
1,166
4,065'
1,138
812
930
1,097
3,977
1,132
869
919
1,208
4,128
1,021
1,026
1,203
1,420
4,670
, 1,276
5,000
11
8
10
21
73
62
81
135
130
213
270
420
434
518
357
519
625
544
692
781
301
849
34
42
64
59
130
166
142
193
335
409
416
258
521
318
472
530
613
652
684
869
1,086
920
1/' BEGINNING 1979/80. NET EXPORTS. EXCLUDING PALM FATTY ACID DISTILLATES.
2/ UTILIZATION INCLUDES,SOME EXPORTS OF FURTHER PROCESSED PRODUCTS AND
REFINING LOSSES AND HENCE IS HIGHER THAN ACTUAL LEVEL.
3/ BEGINNING 1979/80 SUMMARY TOTALS ARE BASED ON OCTOBER-SEPTEMBER BASIS.
4/ QUARTERLY EXPORTS DATA MAY NOT ADD TO YEAR TOTAL BECAUSE QUARTERLY
IMPORT DATA IS NOT AVAILABLE 'AND MARKETING YEAR EXPORTS REPRESENT NET EXPORTS.
5/ PRELIMINARY.
6/ FORECAST.
MARCH 1990
29
TABLE 18. SELECTED MONTHLY PRICES AND RATIOS
------.-----------------------------------------------.------------------------------------------------------------------------------
ITEM & UNIT
I
12 MO AV. ENDING FEB I JANUARY
I
FEBRUARY 1 FEB 90 %CH FROM
1
1989 1990 XCH 1 1989 1990 XCH
1
1989 1990 XCH I 12 1'10 AV JAN 90
--------------------------------------------------.-----------------------------------------------------.----------------------------
PRELIM
SOYBEANS: FARM (lS/MT) 275 232 -16%/ 283 208 -27% 272 202 -26% -13% -2%
ILL. CRUSHER ($/MT) 288 238 -17%1 288 210 -27% 279 210 -25% -12% 0%
ILL. CENT.($/mt) 281 232 -17%1 281 205 -27% 273 205 -25% -12% 0%
ROTTERDAM ($/MT) 313 263 -16%1 318 242 -24% 307 240 -22% -9% -1%
BRAZIL 1/ ($/NT) 283 235 -17%1 273 211 -23% 265 205 -23% -13% -3%
I
SOY MEAL: DECATUR (S/NT) 268 225 -16%1 275 190 -31% 258 178 -31% -21% -6%
ROTTERDAM ($/MT) 2n 237 -15%1 288 221 -23% 270 208 -23% -12% -6%
ROTTERDAM (ECU/MT) 239 213 -11%1 253 183 -28% 240 170 -29% -20% -7%
BRAZIL 1/ ($/MT) 260 208 -20%1 2n 194 -30% 248 181 -27% -13% -7%
I
SOY OIL: DECATUR ($/IlIT) 523 442 -15%1 466 425 -9% 468 447 -4% 1% 5%
ROTTERDAM ($/MT) 463 432 -7%1 423 417 -1% 412 428 4% -1% 3%
BRAZIL 1/ ($/MT) 408 409 0%1 390 373 -4% 384 409 6% 0% 10%
1
PALM OIL: MALAYSIA FOB ($/MT) 398 310 -22%1 375 260 -31% 3n 266 -29% -14% 2%
U.S. ($/MT) 458 378 -17%1 425 334 -21% 429 323 -25% -15% -3%
1
COCONUT OIL: U.S. (S/lH) 561 547 -3%1 543 470 -13% 558 435 -22% -20% -7%
ROTTERDAM (S/MT) 563 496 -12%1 537 433 -19% 538 393 -27% -21% -9%
1
PRICE DIFFERENCE F R ~ U.S. SOYBEAN OIL:
I
SOYBEAN OIL: BRAZIL (%) -22% -7%
I
-16% -12% -18% -9%
PALM OIL: MALAYSIA (%) -24% -30%
1
-19% -39% -19% -40%
U.S. (%) -12% -15%
1
-9% -21% -8% -28%
COCONUT OIL: U.S. (%) 7% 24%
I
17% 11% 19% -3%
ROTTERDAM (%) 8% 12%
I
15% 2% 15% -12%
1
CORN: FARM (S/IU) 95 94 -1%1 102 91 -11% 102 89 -12% -5% -2%
ROTTERDAM 2/ ($/MT) 298 282 -6%1 281 314 11% 279 319 14% 13% 2%
ROTTERDAM (ECU/MT) 256 252 -1%1 247 260 5% 248 261 5% 3% 0%
I
FEED l:lHEAT-EC: ROTTERDAM 3/ (S/MT) 205 190 -7%1 199 204 2% 199 208 5% 10% 2%
ROTTERDAM (ECU/MT) 176 170 -3%1 175 169 -3% 176 171 -3% 0% 1%
I
SOYBEANS/CORN 4/: U.S. 3.14 2.64 -16%1 2.96 2.45 -17% 2.86 2.43 -15% -8% -1%
1
SOY MEAL/CORN: U.S. 2.85 2.40 -16%1 2.68 2.09 -22% 2.53 2.00 -21% -17% -4%
I
SOY MEAL/FEED l:lHEAT EC 1.36 1.25 -8%1 1.45 1.08 -25% 1.36 1.00 -27% -20% -8%
I 1
FEED PROFITABILITY 5/ U.S.
I
1.37 1.49 9%1 1.36 1.62 20% 1.36 1.64 20% 10% 1%
HOG/CORN PRICE RATIO U.S.
1
17.80 18.n 5%1' 15.73 20.48 30% 15.60 21.23 36% 13% 4%
1 1
CRUSH MARGIN: U.S. ($/MT)
I
22.03 22.82 4%1
'14.96 18.70 25% 11.19 13.56 21% -41% -27%
I
I
I
SOY OIL PROD. VAL. (%)
1
31.33 31.75 1%1 28.42 34.26 21% 29.n 36.85 24% 16% 8%
1 1
VALUE OF ECU: (U.S. DOLLARS)
I
1.17 1.12 -4%1 1.14 1.21 6% 1.13 1.22 9% 9% 1%
SOYBEAN MARKET EXCH RATE INDEX 1985=1001 68.45 71.45 4%1 68.10 68.90 1% 69.60 68.40 -2% -4% -1%
-----------------------------------.-----.----------------------------------------------- -------------------------------------------
1/ AVERAGE MONTHLY PRICE, FOB RIO GRANDE. 2/ INCLUDES VARIABLE LEVY. 3/ EC REFERENCE PRICE. 4/ PER BUSHEL.
5/ INDEX OF PRICES RECIEVED BY FARMERS FOR LIVESTOCK AND LIVESTOCK PRODUCTS DIVIDED BY THE INDEX OF PRICES PAID
BY FARMERS FOR FEED, 1910-14 BASE.
09-Mar-90 09:04 AM OILSEEDS AND PRODUCTS, DIVISION
30
TABLE 20.
PROTEIN MEAL PRICES
(US DOLLARS PER METRIC TON)
YEAR SOYBEAN COTTONSEED SUNFLOWERSEED PEANUT: FISH :RAPESEED: COPRA CORN
BEG. : U.S. BRAZIL ROTT : U.S. ROTT : U.S. ROTT: U.S. ROTT : HAMB HAMB: HAMB : GLUTEN :
OCT.l : 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/: 10/ : 11/ : 12/ : 13/
... _------ .. __ -----------_ _ -----_ _-------_ --- - .. - .. ---_ -------_ _--- _-_ _------_.- .. - .. ----"
.. .. .. .. ..
1980/81
AVERAGE' 241
1981/82
AVERAGE 201
1982/83
AVERAGE 206
1983/84
AVERAGE 207
1984/85
AVERAGE 138
1985/86
AVERAGE 171
1986/87
AVERAGE 179
1987/88
AVERAGE 245
247
212
213
203
141
175
179
239
273
225
224
221
155
183
191
254
217
172
195
210
110
147
164
197
226
196
172
173
97 :
115
136
159 :
122
117
.110
123
58
75
84
109
216
176
157 :
154
84
111
119
148
236
197
214
231
156
N/A
N/A
NIA
260
195
189
197
N/A
165
161
202
503
364
420
416
285
313
356
516
205
186
170
164
94
118
95
153 :
200
186
181
172
131
132
138
165
186
172
166.
151
111
132
135
157 :
1988/89:
OCT.
NOV.
DEC.
JAN.
FEB.
MAR.
APR.
MAY
JUN.
JUL.
AUG.
SEP.
286
274
271
275
258
261
243
237
251
255
238
239
272
271
275
2n
248
245
232
221
218
207
189
210
290
283
287 :
288 :
270 :
2n:
264
256
254
255
214
216
234
224
220
221
211
. 216
203
178
180
185
190
209
158
162
167 :
171
173
170
170
164
166
165
165
165
143
136
141
163
153
152
132
110
118
112
108
120
157 :
162
172
166
140
138
141
135
137 :
142
138 :
143 :
N/A
NIA
NIA
N/A
N/A
NIA
N/A
N/A
N/A
NIA
N/A
N/A
225
225
226
228 '.
220
220
220
200
190
185
183
186
575
556
534
481
464
437
400
399
371
380
359 :
360 :
163
172
184
180
170
180
185
167
153
149 .
142
153
172
174
175
174
173
162
163
160
156
153
142
150
157 :
159
166
165
155
154
156
146
143
149
145
147 :
.. - .. ----- ----- .. - .. - - -. _.. -.- .. -- - - ~ -.. ---._ .. _----- .. - - ---.--- - -. -_ - -- .. -_ .. - .. ------ -_ ---_ ..
.. .. .. .. ..
AVERAGE 257 239 263 206166 132 148 NIA 209 443 167 163 154
1989/90:
OCT. 211
NOV. 202
DEC. 198
JAN. 190
"FEB. 178
204 . 222
201 226
199 226
194 221
181 208
200
198
198
176
168
164
165
163
164
160
110 149
116 144
123. 139:
117 138
112 127
NIA 190
N/A 186
N/A 197:
NIA .207:
N/A 2'2:
393
419
438
430 :
426
163
163
170
170
156
146
145
135
136
133
149
149
153
155
150
... - - --- .. ----- ------- .. -_._------ _._---_ .. - -_ _-----_._- - .. --_._-_._- .. -.
.. .. .. .. ..
AVERAGE 196 196 221 : 188 163 : 116 139 : N/A 198 : 421 : 164 '. 139: 151
32
11 DECATUR FOB; AVERAGE YHOLSALE 44% PROTEIN; USDA. 2/ RIO GRANDE, BRAZIL FOB; BULK RATE 45-46% PROTEIN; SAFRAS
AND MERCADO. 3/ ROTTERDAM CIF; U.S. 44% PRO FAT; OIL IlORLD. 41 MEMPHIS FOB;
41% PROTEIN SOLVENT EXTRACTION; USDA. 5/ DENMARK CIF; PELLETS 38% PROTEIN; OIL WORLD. 6/.MINNEAPOLI.S FOB;
32% PROTEIN; USDA. 71 ROTTERDAM CIF; ARGENTINA-URUGUAY PELLETS 37-38%; OIL IlORLD. 8/, SOUTHEAST MILLS FqB; 50%
91 ROTTERDAM CIF; INDIAN 48% PROTEIN; OIL IlORLD. 10/ HAMBURG CIF; ANY ORIGIN 64-65% PROTEIN; OIL YORLD.
11/ HAMBURG FOB; EX-MILL 34% PROTEIN; OIL YORLD. 12/ HAMBURG CIF; PHILIPPINES EXPELLER, PELLETS 26% P.ROTEIN; OIL
YORLD. 13/ ROTTERDAM CIF; PELLETS 23-24% PROTEIN; OIL YORLD.
* PRELIMINARY
DATE: MARCH 1990
YEAR
BEG.
OCT .1 .
TABLE 21.
VEGETABLE OIL PRICES
(US DOLLARS PER METRIC TON)
SOYBEAN : COTTONSEED SUNFLOYERSEED : PEANUT PALM :RAPESEED:COCONUT: LINSEED:CORN
U.S. BRAZIL ROTT :U.S. ROTT : U.S. ROTT :U.S. ROTT : MALAY : ROTT : ROTT : ROTT :U.S..:
1/ 21 3/: 4/ 5/ 6/ 7/: 8/ 9/ 10/ 11/ 12/ 13/: 14/ :
-.-------------.------------.---------------------------------- ... -----------------.----._-----_ .. ----------- .. _._ .. -- , . .
1980/81
AVERAGE
1981/82
AVERAGE
1982183
AVERAGE
1983/84
AVERAGE
1984/85
AVERAGE
1985/86
AVERAGE
1986/87
AVERAGE
1987/88
AVERAGE
500 496 545 569 666
419 443 463 443 582
454 444 463 481 611
674 685 722 717 844
651 609 625 643 763
397 342 377 389 513
339 302 324 390 . 491
499 400 443 481 585
594
550
495
742
662
422
353
521
666 892 1111
557 609 667
501 647 588
765 :1104 1035
652 878 914
406 655 644
354 575 511
449 738 572
N/A
N/A
406
767
569
274
310
402
510
438
436
696
586
338
297
408
583 694 556
500 564 516
608 456 525
1123 556 631
746 639 642
304 475 407
413 319 472
547 441 512
1988/89:
OCT.
NOV.
DEC.
JAN.
FEB.
MAR.
APR.
MAY
JUN.
JUL.
AUG.
SEP.
516
475
489
466
468
487
484
490
457
433
399
414
406
407
422
390
384
394
412
421
439
424
374
405
449
1031
444
423
412
437
440
460
463
447
404
410
473
434
440
423
387
446
464
481
446
433
410
435
571
553
556
562
563
589
593
599
561
553
543
566
524
490
509
506
513
535
516
510
485
472
446
480
485
466
469
450
429
460
475
496
499
506
503
490
937
810
755
651
553
661
714
799
870
N/A
N/A
N/A
606
564
563
592
630
746
753
792
802
806
820
798
394 :
406
385
375
377
372
364
386
352
311
282
291
400
407
421
411
404
420
419
421
418
408
385
396
564
570
567 ..
537
538
545
549
589
559
540 ..
481
503
711 515
650 480
602 468
641 455
658 448.
703 479
718472
685 479.
688 462:
816 442.
839 423
882 426
---------------------_.------------.- ... -----------------------------------------------.------"--------".----- . .... .. .. .. .. -, .. .
AVERAGE
1989/90:
OCT.

DEC.
JAN.
"'FEB.
465 407 435
419 416 419
431 426 433
421 419 429
425 373 417
447 409 428
439 567
440 571
451 579
453 582
437 583
455 610
499
460
466
466
472
489
496
499
478
470
501
750
'II/A
N/A
N/A
N/A
N/A
706
813
868
877
903
933
358
302
292
288
260
266
409
418
435
422
411
425
545
480 :
456 ..
425
433
393
716
891
831
728
666
740
462
459
500
507
498
520
---------------_ ... --_ .. -_ .. -----_ .. __ --- ------ --- -----_ .. ---_.- - ....... -_ .. -------- --------_ ... - - - - _... _... -- _- _..
. . .. .. . .. ..
AVERAGE 429 409 425: 447 585 : 471 489 : N/A 879 : 282 : 422: 437: 771 : 497 :
1/ DECATUR; AVERAGE TANK CRUDE; USDA. 2/ RIO GRANDE, BRAZIL FOB; BULK RATE; SAFRAS AND MERCADO .
. 3/ DUTCH FOB; EX-MILL; OIL 4/ VALLEY POINTS FOB: TANK CARS CRUDE; USDA. 5/ ROTTERDAM CIF; US PBSY; OIL
YORLD. 6/ MINNEAPOLIS FOB; USDA. 7/ ROTTERDAM: EX-MILL; OIL YORLD. 8/ SOUTH EAST MILLS FOB; TANK CARS CRUDE:
USDA. 9/ ROTTERDAM CIF; ANY ORIGIN; .OIL YORLD. 10/ MALAYSIA FOB; RBD; PUBLIC LEDGER AND AGRICULTURAL ATTACHE.
11/ ROTTERDAM FOB; EX-MILL; OIL 121 ROTTERDAM CIF; PHILlPpINES/ INDONESIA; OIL
13/ ROTTERDAM; EX-TANK; OIL WORLD. 14/ DECATUR;CRUDE;ERS AND STREET JOURNAL.
'" PRELIMINARY FOREIGN ARGICULTURAL SERVICE
DATE: MARCH 1990 01 LSEEDS AND PRODUCTS
33
Market Highlights
u.S. PEANUT EXPORTS ON THE REBOUND
U.S. peanut export data for calendar year (CY) 1989 were recently released by
the U.S. Census Bureau showing total exports nearly 280,000 tons (converted
shell basis), the largest export since 1986 and up S4 percent from
1988. The total export value for U.S. peanut exports was $193 million, up 24
percent from last year. Peanut exports to the Netherlands, traditionally the
largest export destination for peanuts, was up 88 from the year
before to nearly 80,000 tons. Shipments to the United Kingdom, the second
largest market for U.S. peanut exports in 1989, showed a similarly large
increase, up 84 percent to 73,000 tons.
INDONESIA'S INDUSTRIAL GROUP REPORTED TO FINANCE PALM OIL REFINERY FOR USSR
Indonesia's press is repprting that the Salim Group of plans to
finance the construction of a palm oil processing plant in the Soviet Union.
Expected to be completed by late 1990 .t a cost of US$15.8 million, the plant
will receive crude palm oil from the group's plantations in North No
details on the processing cap.city have been made available.
-CEINA TO CONTINUE PURCHASES OFHALAYSIA'S PALM OIL
The Palm Oil Registration and Licensing Authority (PORLA) newsletter reports
that China is expected to continue buying more palm oil from Malaysia in the
first half of 1990 to cover losses in their domestic oilseed production. In
the first 10 months of 1989, China imported 384,000 tons of Malaysia's palm
oil, compared with 210,000 tons for all of 1988.
Hassan Ahmed (202) 382-0137
David Kiefner (202) 447-.4127
34
Table 22: GSM-I02 Program Announcements and Sales Registrations 1/
Fiscal Year 1990
($Million)
Vegetab1e Oi 1 Protein Meal Oi l'seeds
Country
:---_.-------------------.----------------------------------------
Announced: Reg.: Announced: Reg.: Announced : Reg.
Algeria
Algeria 2/
Colombia
Ecuador
El Salvador
Guatemala
Hungary
Iraq
Korea
Mexico
Morocco
Pakistan
Trinidad &Tobago
Tunisia
Venezuela
Yugoslavia
Totals
Total FY 1989
28.0
15.0
25.0
8.68
1.8
4.0
14.0
35.0
20.0
65.0
25.0
15.0
256.48
228.8
4.1
8.68
1.8
14.0
9.5
63.7
9.9
111.68
203.5
95.0
20.0
4.0
11.0
2.0
25.0
50.0
15.0
10.0
232.0
368.9
34.9
6.2
3.8
25.0
26.9
2.0
2.0
100.8
362.6
30.0
15.0
50.0 20.5
280.0 23.0
15.13 15.13
10.0
10.0
410.13 58.63
438.6 430.3
1/ As of March 2, 1990.
2/ GSM-I03.
Table 23: . 480 Title I/Ill Agreelnents
Signed and Sales Registered 1/
Fi sca1 Year 1990
Country
Agreements Sales
Value Quantity: Value
($111 i 11 ion) __ O:...:O....;;.O_M_T-!.)-.:....: _l1:.-i..::.o..::.n)!--_
Vegetable Oil
Dominican Republic 14.6 31.8 14.6
Poland 10.0 0 0
Zambia 4.0 8.2 4.0
El Sa 1vador 11.0 10.0 5.4
Total 39.6 50.0 24.0
f/
As of March 2, 1990.
35
Table 24: lI.S. Sunflowerseed Oil Exports Under the
Sunflowerseed Oil Assistance Program (SOAP) 1/
(Metric Tons)
Country Total Program S'al es Bonus 2/ Shipment Date of Balance
. Announced Lbs./MT Sale
Egypt 20,000 12,500 448 Feb'89 12/08/88 7,500
Sept. 30, 1988 500 474 Feb 89 12/09/88 7,000
7,000 488 Dec 88 12/14/88 0
40,000 4,000 700 Apr 89 02/14/89 36,000
Dec. 14, 1988 6,000 690 Apr 89 02/17/89 30,000
5,000 714 Apr 89 02/23/89 25,000
r
r ~ .
10,0,00 730 Mar 89 02/23/89 15,000
7,500 595 Mar 89 03/08/89 7,500
1,800 625 Mar 8q 03/16/89 5,700 3/
20,000 20,000
Apr. 28, 1q89
"Algeria 20,000 6,000 369 Apr 90 . ~ 12/29/89 14,000
Nov. 16, 1989
:
Total,
1 0 0 ~ 0 0 0 60,300 34,000
1/ As of March 8 ~ 1990.
, 2/ Bonus under SOAP is paid in pounds of sunfl owerseed oil per
ton'of exports.
3/ Balance expired September 30, 1989.
Table 25: . Vegetable Oil
Export Enhancement Program
Announcements and Sales
Summary 1/
(Metric Tons)
Announcement Total Total
Date Program Soybean Sunflower, Cotton Sales Balance
Algeria Oct. 22, 1987 60,000
60,000 0 60,000 0
April 8, 1988 60,000 3,000 57,000 a 60,000
India July 28, 1986 25,000 25,000 0 0 25,000
Dec. 15, 1987 300,000 100,000 20,000
120,000 180,000
r ~ o r o c c o Oct. 13, 1987 60,000 60,000

60,000
Jan. 24, 1990 60,000 0

0 60,000
Tunisia . Sept. 24, 1987 60,000 60,000
a 60,000 0
July 25, 1989 60,000 60,000

60,000
Turkey Jan. 6, 1988 80,000 17,100 49,400 13,500 80,000
Total 765,000. 325,100 186,400 13,500 525,000 240,000

1/ As of r'1arch 8, 1990.
36
,
Table 26: Vegetable Oil
Export Enhancement Program
1989 And 1990.Sales 1/
Country - Quantity Bonus Shipment Sale
MT $/MT Date
Al geri a
,
Sunflowerseed Oil 6,000 -145.72- March 01/19/89
Sunflowerseed Oil 6,000 138.89 May/June 04/04/89
Sunflowerseed Oil 6;000 138.89 Apr/May 04/04/89
Suriflowerseed Oil 3,000 76.06 August 07/03/89
Soybean Oil' 3,000 93.92 August 07/03/89
Sunflowerseed Oil 6,000 14.99 September 07/28/89
'-, .. ; ;
<c'Sunflowersee'd Oil 5,000 28.00 October 08/31/89
Sunflowerseed Oil 3,000 84.11 Apri 1 12/29/89
.i. J
Morocco Soybean Oil 3,000 149.91 December 02/23/89
Soybean Oil 6,100 134.04 November 04/13/89
Soybean Oil 6,000 136.02 November 04/13/89
Soybean Oil 6,000 140.43 December 04/13/89
Soybean Oil 3,000 168.65 December . 04/21/89
Tunisia Soybean Oil 6,000 65.92 September 08/30/89
Soybean Oil _6,000 65.48 September' 08/31/89
Soybean Oil 6,000 79.37 _Sept/Oct _ 09/13/89
Soybean Oil 500 80.47 Sept/Oct 09/26/89
Soybean Oil 6,000 87.74 Oct/Nov 09/26/89
Soybean Oil 6,000 -85.10 Nov/Dec 11/13/89
Soybean Oil 6,000 79.37 Nov/Dec 11/13/89
Soybean Oil 6,000 81.35 . Dec/Jan 11/22/89
Soybean Oil 6,000 81. 79 Dec/Jan 11/22/89
Soybean Oil 6,000 95.90 March 02/28/90
Soybean Oil 5,500 119.93 Apri 1 03/06/90
17 As of March 8, 1990. For complete history see FOP 11-89, November 1989.
37
Country Feature
Argentina
oilseed production during 1990 is forecast at 15.7 million tons, a
sharp -increase of over SO percent from last year's drought-reduced level. All
oilseed . crops are forecas t to increase over las t year. Las t year a drough t
during much of the growing season reduced crop sizes. Soybean production fell
to 6.4 million tons during 1989, down from 9.7 million tons in 1988.
Sunflowerseed production during 1989 was up slightly from the previous year,
as sunflowerseed is more drought-resistant than other crops. Since
sunflowerseed producers were satisfied with the returns they received on their
crops last year, area this year is forecast to expand by over 30 percent. In
addition, - farmers use hybrids for sunflowerseed and they are compensated for
high oil content. Soybean production is forecast at 10.5 million tons, more
than 4.0 million tons above last year's level. Harvested area is forecast at
5.0 million hectares. Reports indicate that first-crop soybeans (those
soybeans not planted behind wheat) account for about 60 percent of this year's
crop. This situation has prevailed the last several years, but it represents
a switch from when only 30 percent of the crop was first-crop soybeans.
Sources indicate that there is some interest in developing rapeseed production
in Argentina. Sources indicate that in the next few years, production could
,reach 100,000 tons. Rapeseed can replace a winter crop and could be used as a
double crop. Argentina is looking at winter oilseeds to replace other winter
crops such as wheat, rye, barley, and oats. Farmers are leaning to oilseeds
as the way of the future for Argentina.
Economic uncertainty and the short crop upset the normal flow of soybean
marketing last year. Crushers were vying for the reduced supplies of
soybeans, and farmers were reluctant sellers, selling only when they needed,
to meet debts. As a result, Argentina is still shipping product from last
year's crop. Normally, the best opportunity for U.S. sales is during
October-February, when supplies Brazil and Argentina are limited.
Currently, the export tax on soybeans is 20 percent, while the tax for soybean
meal and oil is 12 percent. Soybean farmers were told that soybean taxes
would be lowered (which they were from a level of more than 40 percent) before
the next harvest and they responded by planting nearly 25 percent more
soybean acreage. However, on February 1, a new value-added tax (IVA) of 13
percent went into effect. (Note: Recent reports indicate that Argentina has
increased export taxes. At circular press time, the offical decrees were not
published. However, the new tax rates are reported to be: soybeans 25
percent, soybean meal and oil, 18 percent. This would lower the,differential
to 7 percentage points.)
Total oilseed crushing capacity is forecast at 12.0-14.0 million tons a year.
total oilseed production in Argentina forecast at 15.7 million tons, some
exports of oilseeds will take place. Since the sunflowerseed harvest occurs
first, crushing of sunflowerseed takes place first. During that time, as the
soybean crop is harvested, soybean exports take place. Last year, oilseed
exports were at a minimum of only 734,000 tons because of reduced supplies.
This year's exports are forecast at nearly four times that level. But
crushers/exporters are building or buying additional storage facilities in
order to hold the- crop. Sources indicate that current storage capacity for
grains and oilseeds is about equal to 30 million tons. Farmers would rather
hold onto oilseeds as an inflation hedge.
38
Recently, the Ambassadors of East Germany, Hungary, Czechoslovakia, and Poland
held a meeting with key officials in Argentina to investigate grain and
oilseed purchases. According to newspaper reports in Argentina, these East
European countries are interested in acquiring soybean meal, corn, and wheat,
among other products. Hungary is reportedly interested in buying 600,000 tons
of soybean meal. The Soviet Union is already a big market for, as
is China.
Increased consumption prospects in Argentina are limited; the country only has
about 30 million people, and the population grows at a steady rate of 1-2
percent a year. Pork and poultry production is rather small, given the fact.
that beef is cheap. Any future increases in oilseed .as
larger exports of oilseed meals and oils. The primary oilseed oil consumed
within Argentina is sunflowerseed oil. Soybean oil use has expanded in recent
years mainly as a "mixed" oil. As long as the differential taxes remain in
Argentina, crushing of the bulk of the primary product, be it soybeans,
sunflowerseed, or cottonseed, will continue within Argentina.
Debra A. Pumphrey (202) 382-8232
39
GRAPH 1
ARGENTINA'S AREA OF SPECIFIED CROPS
MILLION HECTARES
MILLION HECTARES
8
SORGHUM
WHEAT
CORN
SOYBEANS
. YEARS
SOURCE: USDA/FAS .
DATE: MARCH 1990
GRAPH 2
ARGENTINA'S EXPORTS OF SOYBEANS,. MEAL AND OIL
MILLION METRIC TONS
MILLION METRIC TONS
SOYBEANS
SOYBEAN OIL
SOYBEAN MEAL
,
I
" ,
I \ I
I' ,
,\ I
, ' ,
, I
, \ /
: V
I
,
.
I
,
,
,,/
.,
,
I
I
,
/'1/
.....
1.5
,
,
,
,
,
I
"
,
0.5 ,/
""' -- ......... _--,'
o L...-J.--L-....J...-..L...-l......J.---L......J-....... ..I:.:.: ....:.t..= J;.:. :.:.I: .. .--L......L I I I I I

5
4.5
4
3.5
3
2.5
2
YEARS
SOURCE: USDA/FAS
DATE: MARCH 1990
40
Table 1
Argentina: Oilseed Supply and Distribution
. Local Marketing Years
(1,000 Metric Tons)
1986/87 1987/88 1988/89 1989/90 1990/91
Prelim. Forecast
Production
Cottonseed 218 193 467 290 325
Flaxseed 460 fl22 535 413 490
Peanut 439 518 450 243 370
Soybean 7,300 7,000 9,700 6,400 10,500
Sunflowerseed 4,100 2,500 2,800 3,000 4,000
Total 12,517 10,833 13,952 10,346 15,685
Exports
Flaxseed 6 0 0 0 0
Peanut 186 170 150 114 157
Soybean 2,566 1,292 2,100 500 2,500
Sunflowerseed 517 47 52 120 300
Total 3,275 1,509 .2.,302 .'. ,.n4
2,957
"
Crush
Cottonseed 164 121 288 270 250
Flaxseed' 394 510 490 38.0 445
Peanut 142 350 180
114 .
143
Soybean 4,347 4,969 6,969 5,800 7,300
Sunflowerseed 3,484 2,253 2,549 2,950 3,600
Total 8,531 .8,203 10,476 9,514 11,738
Ending Stocks
Cottonseed 26 47 138 78 73
Flaxseed 42 61 44 30 30
Peanut 77 30 80 30 30
Soybean .' .'. 317 641 752 302 402
Total 522 1,003 1,392 693 828
Source: Counselor and Attache Reports,
Official Statistics, USDA Estimates
Foreign Service
Oilseeds and Products
Date: March. 1990
41
1/ Consumption data represent "apparent consumption" and i n c l u d ~ all disappearance
as well as some changes in stocks.
Foreign Agricultural Service
Date: March 1990
42
Table 3
Argentina: Vegetable and Marine Oil Supply and Distribution
Local Marketing Years
(1,000 Metric Tons)
1985/86 1986/87 1987/88 1988/89 1989/90
Prelim. Forecast
Produc tio'n
Cottonseed 23 19 49 45 40
Fish 6 6 5 5 5
Linseed 112 171 160 125 145.
Olive 16 16 15 15 15
Peanut 3'7 94 49 31 38
Soybean 729 853 1,199 1,000 1,255
Sunflowerseed 1,408 919 1,033 1,196 1,461
Total 2,331 2,078 2,510 2,417 2,959
Imports
Palm Kernel 6 6 6 6 6
Total 6 6 6 6 6
Exports
Linseed 102 168 138 130 140
Olive 10 10 9 9 9
Peanut 33 77 44 21 28
Soybean 649 800 980 885 1,100
Sunflowerseed i,065 602 699 830 1,050
Total 1,868 1,666 1,919 1,915 2,362
Consumption 1/
Fish 6 6 5 5 5
Linseed 3 6 8 10 10
Olive 6 6 6 6 6
Peanut 2 12 10 10 10
Soybean 62 93 169 125 135
Sunflowerseed 345 349 330 384 383
Total 444 488 535 549 560
Ending Stocks
Linseed 13 10 24 9 4
Peanut 2 7 2 2 2
Soybean 58 18 68 58 78
Total 165 95 157 116 159
.1/ Consumption data represent "apparent consumption" and include all disappearance
'as.well as some changes in stocks.
Date: March 1990
43
Country Feature
total oilseed during 1990 at
tons, a decline of 9 percerit from the record high level ofa year ago. This
is still an increase of 12 percent from the 1988 level. All of the decrease
from year ago is attributed to decline in production, which is
forecast' at 20.5 million tons, down' from' 23.0 niillion tons last year.
,Although yields are forecast down slightly, most of the decrease is attributed
to a decline in area.
Farmers in Brazil planted this:year's crop with a decline ininputs,mostly
from lack of money. The Govetnment of Brazil did not provide the necessary
for fjimers to plant. What that was finally released came too
late 'for some farmers to utilize. Other farmers resorted .toan agreement with
codperatives and some seed companies'for inputs to plant this year's crop in
exchange for the cooperatives receiving later'date. Reports
indicate that between 1 and 2 million tons, of soybeans were sold this way.
sources indicate that this type of arrangement may coritinuein the future
because the government does not have the resources, such as credit, to provide
to the farmers.
As a result of the lack of inputs, the area devoted to soybeans declined. But
weather has been good during the planting ana growing season, and yields are
down only slightly from last'year. abundant have riegated
much of the decline in Also, as a result of credit, for the
first time, soybean area in the newer Center-West region of Brazil
Soybeans ate a critical "crop for many producers in Brazil, because soybeans
basically are a dollar-denominated crop, while .com is a cruzado-denominated
crop. Farmers would rather have a crop that is not losing its value as fast
as corn.
At this time, there appears to rush to .sell and'registerfor export.
Most sources in', Brazil, are expecting at least a 30-"percent devaluation,
reportedly the current difference between the official and the parallel
exchange' rate. Most traders' say that this is necessary in order to export,
butthi'swould lead to higher inflation within Brazil. Crushers are trying to
buy now as an inflation hedge. Nd fundamental economic changes are'expected
. to March, 15, when the newly elected president of Brazil, Coilor de
Mello, takes office.
According to sources in Brazil, this is mainly what happened last year.
Farmers held onto their crops hoping for higher prices. Prices had been going
up as a result of 1988 U.S. drought. But prices to as
Brazil's harvest approached. Soybean price's during 1989 rose approxImately
850 but inflation rose nearly 1,800 percent d&ring 1989; Combined
with this, the currency was overvalued. As a result,farmers protested and
withheld their crop from the market. The government responded a
devaluation of the currency, freeing some supplies of soybeans,
especially in the areas closest to' ports.
44
In Center-Vest region of the country, farmers were still dissatisfied,
because the devaluation was not great enough for them. Farmers in this area
face high transportation costs to the ports. Estimates this year indicate
that it costs between $50 and $80 per ton to ship from these areas.
Also, last year, strikes at the ports slowed the movement of commodities from
Brazil. A priority of the region is to improve transportation,
especially roads. Over 90 percent of the soybeans in Brazil move by truck,
and there is a strong trucking union keeping costs high. Studies currently
are being done to determine if soybeans can be shipped across to ports
and through the,Amazon region to Atlantic ports. Brazil recognizes that in
order foe soybean ,expansion to, continue in this region, transportation costs
must be ' ,
As a result of the problems last year, more of the soybean crop was marketed
during the half of the marketing year, interfering ,with what is
normally the u.S. shipment period. Brazil is still shipping at this time from
last year's crop. Based on reports, stocks are relatively large at this time
and, as a result, supplies of soybeans for the 1990/91 marketing year are not
down as much as the crop decline would ,indicate.
Crushing capacity has remained fairly stable in Brazil, but there has been a
switch in where the crop is crushed. Plants are closing in the south" while
new ones are opening up in the Center-West region. Annual soybean crush
capacity is still estimated at apprriximately 25.0 million tons.
Soybean oil demand has ,been very strong in Brazil during 1989/90, and this is
expected to continue 1990(91. Prices of soybean oil in the' domestic
market have more favorable than in the export market. A small quantity
of soybean oil ,was bought from Argentina recently to cover some shortages in
the domestic market. Soybean oil comprises the majority used
in Brazil. Last year, nearly 70 Percent of the soybean oil produced in Braiil
was consumed domestically. It ,is important for the government to keep
soybeans within the country so that a domestic shortage of soybeah oil does
not occur. It has become a common occurrence for the government to halt
soybean and soybean oil export registrations when it appeared that these
exports were to a domestic of soybean oil.
,
Brazil has had to ,import vegetable oil (especially soybean oil ) in the latter
part of the marketing year on numerous occasions. That is one of the reasons
that the government would like to encourage sunflowerseed production. The
sunflowerseed crop would be harvested a few months before soybeans and supply
oil to the domestic market when soybean oil is in short supply. This, would
lessen the need for imports of oil and save foreign exchange. In addition,
sunflowerseed would be a good alternative crop for crop rotation.
Strong demand for soybean oil will help to limit the quantity of
soybeans for export. Crushers can be expected to keep the soybeans in order
to capitalize on the good soybean oil prices in the domestic market. The
differential ICM (Merchandise Circulation Tax) taxes also lead to the cr.ush of
soybeans domestically.
45
Since soybean oil is important domestically, crush needs to satisfy that
demand. But Brazil in no way can use all of the soybean meal that it produces
from this crush. The opposite situation exists for soybean meal--nearly 80
percent of the soybean produced in Brazil is exported. In addition, most
of the soybean meal used domestically is used for poultry production, a large
part of which is exported.
Soybean meal exports from Brazil are forecast to be down this year, mainly as
a result of the reduced crop. In addition, though, meal consumption has been
steady. Lower soybean meal prices have resulted in increased meal demand.
Poultry consumption in Brazil has risen as beef prices have increased. If
inflation remains high in Brazil and purchasing power does not keep pace, meal
consumption may slow and that will free up additional supplies of soybean meal
into the export market, which .will mean increased competition for the United
States.
Japan has become an important market for Brazil's exports of soybeans.
Sources in Brazil indicate that Japan is interested in soybeans from newer
producing regions, mainly because the soybeans from this region not have
the red color that soybeans from the south have, requiring less processing.
Brazil is looking keenly at the East European
Increases in meal demand in these countries
expansion of those markets for imported soybean
an important market, especially for soybean oil.
and Soviet Union
will lead ultimately to an
meal. China also has become
In calendar year 1989, Brazil earned $3.6 billion from soybean and product
exports, compared with $3.0 billion during 1988. Export earnings are forecast
to be down in 1990 because of lower prices and the reduced crop size. But
even with the lower crop, Brazil will remain one of the world's largest
exporter of soybean meal and soybean oil.
Debra A. Pumphrey (202) 382-8232 .
46
GRAPH 3
BRAZIL'S AREA OF SPECIFIED CROPS
MILLION HECTARES
" "
RICE
CORN'
WHEAT
SOYBEANS
........ '"
';"',
........
", ....
.......:./...
.. '
.......
MILLION HECTARES
14
13
12
11
H)
9
8
7
6
5
4
3
2
1
0 1'- --1- 1 -.11-..1.. 1-l,...!-J-.....LI-.L!-L...!-l..-I_ I 1 I I ! I I ! . .l-..l-
YEARS
SOURCE: USDA/FAS
DATE: MARCH 1990'
GRAPH 4
BRAZIL'S EXPORTS OF MEAL AND OIL
MILLION METRIC TONS
MILLION METRIC TONS
' '
..
SOYBEANS
SOYBEAN OIL
SOYBEAN MEAL
1/""
" '\ ./
" '.... I , 1'/
,
/ ' .. _-_ .......... '\ I
\ /
I \ ,
" '.' I
I
I
I
I
,
I
I
.... --... I
/ .....1
I
I
I

9.5
9
8.5
8
7.5
7
6.5
6
5.5
5

3.5
3
2.5
2
1.5
1
o.0
5
j I ! I I '-_...l-...
YEARS
SOURCE: USDA/FAS
DATE: MARCH 1990
47
Table 4
Brazil: Oilseed Supply and Distribution
Local Marketing rears
(1,000 Metric Tons)
1986/87 1987/88 1988/89 1989/90 1990/91
Prelim. Forecast
Production
Cottonseed 1,405 1,085 1,550 1,195 1,450
Palm Kernel 12 12 12 14 18
"
Peanut 216 195 170 156 130
Rapeseed 1 1 1 1 1
Soybean 14,100 17,,300 18,021 23,000 20,500
Total 15,737 18,596 19,760 24,379 22,104
Imports
Peanut
,8 2 9 10 10
Soybean' 337 441 62 63
Sunflowerseed 1

Total 346 443 71 73 10
Exports
Peanut 12 8 8 2 1
Soybean 1,192 3,290 3,020 5,081 4;200
Total, i,204 3,298 3,028 5,083 4,201
Crush
Cottonseed 1,300 920 1,300 1,000 1,220
Palm Kernel 12 12 12 14 18
. Peanut 116 95 60 55 45
Soybean 12,332 13,820 13,676 16,000 15,500
Total 13,762 14,849 15,053 17,080 16,787
Ending Stocks
Peanut 26 17 18 17 5
Soybean 850 270 300 92'0 395
Total 876 287 318 .937 400
Source: Counselor and Attache Reports, Foreign Agricultural Service
Official Statistics, USDA Estimates Oilseeds and Products
Date: March 1990
48
Table 5
Brazil : Protein Meal Supply 'and' Distribution
(1,000 Metric Tons)
1986/87 1987/88' 1988/89 1989/90 1990/91
Prelim. Forecast
Production
Cottonseed 728 505 715 550 675
Fish 29 29 30 30 .30
Peanut 44
' 36 24 22. 18
.Soybean 9,590 10,782 10,710 12,525 '12,135
Sunflowerseed 1 1 3 6
2'
Total 10,398 11,359 11,488 13,140 i2,869
Export,s
Fish 7 4 10 10 10
Peanut
' 25
9 0 3 0
Soybean 6,961 8,030 8,477 9,578 ' 9,300
Total . 7,051 8,086 8,548 9,652 9,375
'Consumption 1/
Cottonseed 700 575
. 656
485 610
Fish 22 25 20 20 20
Peanut 27 29 26 24 18
Soybean 2,M9 ' 2,779 2,191 2,750 2,950
Total 3,405 3,415 2,902 3,292 3,609
Ending Stocks
Peanut 9 7 : 5 0 0
Soybean 283 256 298 495 380
To'tal, 407
265'
303 499 384
11 Consumption data represent "apparent consumption" and include all disappearance
March 1990
49
Table 6
Brazil: Vegetable and Marine Oil Supply and Distribution
(1,000 Metric Tons)
1986/87 . 1987/88 1988/89 1989/90 1990/91
Prelim. Forecast
Production
Cottonseed 216 no 185 140 170
Fish 2 2 2 2 2
Palm 24 24 25 54 70
Peanut 32 28 17 15 13
Soybean 2,319 2,605 2,576 3,010 2,920
Total 2,599 2,795 2,812 3,231 3,184
Imports
Olive 11 10 11 11 11
Soybean 158 59 61 15 25
Sunflowerseed 1 0 0 0
Total 170 70 75 35 44
Exports
Cottonseed 103 83 98 74 100
Palm 8 0 5 5 5
Peanut 14 34 20 6 15
Soybean 413 975 661 865 850
Total 538 1,092 784 950 970
Consumption
Cottonseed 135 100 90 65 70
Fish 2 2 2 2 2
Olive 11 10 11 11 11
Palm 16 24 20 49 65
Peanut 3 3 2 3 3
Soybean 2,074 1,832 1,959 2,050 2,100
Total 2,248 1,978 2,094 2,199 2,268
Ending Stocks
Peanut 15 6 1 7 2
Soybean 260
117 .
134 244 239
Total 331 126 135 252 242
1/ Consumption data represent consumption" and include all disappearance
Source: Counselor Attache Foreign Agricultural Service
Official Statistics, USDA Estimates Oilseeds and Products
Date: March 1990
50
u.s. Trad
TABLE 1. U.S. EXPORTS OF OILSEEDS, MEALS, AND OILS
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
I OCT-DEC OCT-DEC JAN-SEP JAN-SEP FY-88 FY-89 FY90 I---ANNUAL PERCENTAGE CHANGES---
COMMODITY
I
1988 1989 1989 1990
I
FY891 FY901 OCT-DEC JAN-SEP
I
11 21
I
FY88 FY89 89/88 90/89
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
SOYBEAN:
1,000 M. T. 4,939 5,890 '9,171 10,168 20,980 14,111 16,057 -33% 14% 19% 11%
$1 M. T. 5297 $225 $285 $217 $239 $290 $220 21% -24% -24% -24%
1011 L. DOL. 51,469 51,326 $2,618 $2,203 $5,024 $4,087 $3,529 -19% -14% -10% -16%
SOYBEAN Io1EAL:
1,000 M. T. 1,374 1,090 3,280 3,128 6,191 4,655 4,218 -25% -9% -21% -5%
$1 M. T. $289 $223 $272 $202 $237 $277 S208 17% -25% -23% -26%
MI L. DOL. 5398 5243 $893 5633 $1,470 S1,290 $876 -12% -32% -39% -29%
SOYBEAN OIL:
1,000 M. T. 195 ,142 559 539 850 754 680 -11% -10% -27% -4%
$/ M. T. 5578 $473 $522 $521 5514 $537 $511 4% -5% -18% 0%
MIL. DOL. 5113 567 5292 5281 $437 S404 5348 -7% -14% -41% -4%
SUNFLQ\,JERSEED:
1,000101.T. 26 30 74 70 251 100 100 -60% 0% 15% -5%
5/ M. T. 5588 5521 $435 $400 5342 $474 $436 39% -8% -11% -8%
1o11L. DOL. 515 515 532 528 S86 $47 S44 -45% -8% 2% -13%
I
CORN GLUTEN FEED &MEAL:
1,000 101. T. 1,281 1,443 3,712 3,807 4,370 4,992 5,250 14% 5% 13% 3%
5/ M. T. 5152 5143 $147 5133 5144 5148 5135 3% -9% -6% -10%
MIL. DOL. 5195 5206 5546 5505 5628 5741 5711 18% -4% 6% -7%
PEANUTS: 31
1,000 M.T. 83 109 169 192 178 252 302 42% 20% 32% 14%
5/ M. T. S886 5642 5n5 5767 5799 5778 5n1 -3% -7% -28% 6%
1011 L. DOL. 573 570 5123 $147 $142 5196 5218 38% 11% -4% 20%
OTHER PRODUCTS:
1,000 M. T. 223 287 1,210 1,275 1,223 1,432 1,561 17% 9% 29% 5%
5/ M. T. 51,509 51,673 51,995 51,965 51,791 51,900 51,904 6% '0% 11% -2%
1011 L. DOL. 5148 '5171 5606 5649 S683 5754 $820 10% 9% 16% 7%
TOTAL: 41
1,000 M. T. 8,120 8,990 18,175 19,179 34,042 26,295 28,169 -23% 7'% 11% 6%
$1 M. To 5314 5235 5281 5232 5249 5286 5232 15% -19% -25% -18%
MIL. DOL. $2,410 52,099 55,109 $4,446 $8,469 57,519 56,545 -11% -13% -13% -13%
--------------------------------------------------------------------------------------------------------------
1/ Derived estimates. 21 Forecast. 31 Shelled basIs. 41 Data may not ,add due to rounding.
SOURCE: U.s. BUREAU OF CENSUS AND FAS ESTIMATES
--------------------------------------------------------------------------------------------------------------
09-Mar-90 Alan Holz (202) 382-0090
51
TABLE 2
U.S. EXPORTS: OILSEEDS AND PRODUCTS
METRIC TONS
i ~ ~ , ' . " "
DECEMBER .' DECEMBER
1988 1989
OCTOBER-
DECEMBER
1988/89
OCTOBER-
DECEMBER
1989/90
OILSEEDS
SOYBEANS
COTTONSEED
FLAXSEED,
PEANUTS 1/
SAFFLOWERSEED
SUNFLOWERSEED
OTHER
TOTAL
OILCAKES & MEALS
SOYBEAN
COTTONSEED
LINSEED
OTHER
TOTAL
CORN GLUTEN FEED
,CORN GLUTEN MEAL
VEGETABLE OILS
SOYBEAN
CORN
COTTONSEED
LINSEED
PEANUT
SUNFLOWERSEED
OTHER
TOTAL
CONCENTRATES, HYDROLYSATES
FLOUR & GRITS
ISOLATES
OTHER OILSEED PRODUCTS
TOTAL OILSEEDS & PRODUCTS
, LARD
TALLOW & GREASES
FISH OIL
FISHMEAL
1,881,653
-421
176
24,553
4,052
12,140
1,435
1,924,430
538,954
2,448
73
3,468
544,943
360,355
19,149
54,393
10,795
6,993
224
" 333
11,195
7,815
91,748
856
4,305
3,104
4,575
2,954,928
6,599
119,558
1,109
2,573
1,790,066
4,709
1,506
34,167
7,083
7,045
592
1,845,168
512,674
1,006
18
9,939
523,637
485,631
42,479
51,457
14,133
18,173
455
364
20,073
'4,840
109,495
2,568
12,611
3,535
4,356
3,030,731
4,091
103,287
18,016
4,005
4,939,302
1,891
618
82,568
5,591
25;690
2,376
5,058,006
1,374,290
11,384
23,391
15,359
1,424,424
1,203,962
76,765
194,726
35,185
23,257
998
1,014
34,561
32,331
322,072
3,538
, 8,586
,9,394
13,495
8,126,170
17,310
324,637
2,483
19,591
5,889,682
9,360
5,956
109,242
22,254
29,659
2,106
1,090,030
2,866
3,024
12,530
1,108,450
1,359,861
83,354
141,597
44,240
48,159
1,444
2,126
38,184
24,703
3-00,453
8,162
38,353
10,893
13,192
8,996,300
9,812
319,128
23,439
8,992
1/ INCLUDES SHELLED AND UNSHELLED PEANUTS CONVERTED TO SHELLEb BASIS.
75% UNSHELLEP WT. = SHELLED WT.
SOURCE: U.S. BUREAU OF THE CENSUS
DATE: FEBRUARY 1990
52
TABLE 3
u.s. EXPORTS: OILSEEDS AND PRODUCTS
THOUSAND DOLLARS
OILSEEDS
SOYBEANS
COTTONSEED
FLAXSEED
PEANUTS
SAFFLOWERSEED
SUNFLOWERSEED
OTHER
TOTAL
OILCAKES & MEALS
SOYBEAN
COTTONSEED
LINSEED
OTHER
TOTAL
CORN GLUTEN FEED
CORN GLUTEN MEAL
VEGETABLE OILS
SOYBEAN
CORN
COTTONSEED
LINSEED
PEANUT
SUNFLOWERSEED
OTHER
TOTAL
CONCENTRATES, HYDROLYSATES
FLOUR & GRITS
ISOLATES'
OTHER OILSEED PRODUCTS
LARD
TALLOW
FISH OIL
FISHMEAL
DECEMBER
1988
551,990
368
21
21,017
607
7,068
635
581,706
152,141
314
12
481
152,948
50,918
6,783
28,984
7,093
4,190
129
268
6,297
7,494
54,455
1,603
1,633
5,750
7,744
863,540
3,361
44,788
464
1,054
DECEMBER
1989
407,096
858
179
20,791
1,171
3,421
269
433,785
111,242
321
3
1,389
112,955
63,447
13,299
23,702
9,015
7,584
242
290
10,464
5,238
56,535
3,398
3,910
6,896
6,940
700,606
1,891
35,760
3,704
3,368
OCTOBER-
DECEMBER
1988/89
1,469,038
1,006
74
73,163
B73
15,098
1,090
1,560,342
397,754
1,451
5,073
2,861
407,139
167,314
27,272
112,616
22,692
13,473
535
809
19,611
29,189
198,925
6,894
3,059
16,243
22,838
2,410,029
8, 7,37
125,431
1,340
9,423
OCTOBER-
DECEMBER
1989/90
1,326,237
1,825
745
70,083
5,363
15,461
911
1,420,625
242,985
946
484
1,976
246,391
179,364
26,383
66,970
27,310
22,328
845
1,717
19,757
. 22,457
161,384
10,348
11,719
23,218
20,030
2,098,860
4,618
111,849
5,068
8,142
DATE: FEBRUARY 1990
53
TABLE 4
U.S. EXPORTS: SOYBEANS
METRIC TONS
EUROPE
EC-12
BELGIUM-LUXEMBOURG
FRANCE
GERMANY, FED. REP. OF
GREECE
ITALY
NETHERLANDS
PORTUGAL
SPAIN
UNITED KINGDOM
OTHER WEST EUROPE
NORWAY
SWITZERLAND
EAST EUROPE
BULGARIA
ROMANIA
YUGOSLAVIA
USSR
CANADA
LATIN AMERICA
BRAZIL
COLOMBIA
DOMINICAN REPUBLIC
JAMAICA
MEXICO
PANAMA
VENEZUELA
OTHER
ASIA
INDONESIA
JAPAN
KOREA, REP. OF
MALAYSIA
TAIWAN
OTHER
AFRICA & MIDDLE EAST
ISRAEL
OTHER
OCEANIA
AUSTRALIA
OTHER
TOTAL WORLD
DECEMBER
1988
1,008,962
983,350
63,288
o
138,512
17,628
15
440,742
58,284
216,720
48,161
25,612
25,563
49
o
o
o
o
70,004
209
110,894
o
o
3,893
4,520
80,517
658
14,051
7,255
585,190
o
415,896
45,777
o
123,500
17
106,394
81,846
24,548
o
o
o
1,881,653
DECEMBER
1989
1,014,030
989,815
115,745
100
69,742
o
27,124
409,431
48,553
245,473
73,648
24,215
24,197
18
o
o
o
o
o
3,341
23,562
o
o
8,800
o
o
o
o
14,762
725,164
o
421,499
54,243
25,202
223,783
437
23,969
23,969
o
o
o
o
1,790,066
SEPTEMBER-
DECEMBER
1988/89
2,684,092
2,556,984
262,552
60,107
251,829
55,516
15,357
1,243,903
109,674
427,572
130,475
49,319
49,271
49
77,789
23,101
o
54,688
70,004
554
638,755
o
44,238
8,012
15,278
473,120
1,660
62,403
34,044
2,080,056
o
1,185,760
337,773
o
531,434
25,089
170,014
129,716
40,298
21,686
21,502
184
5,665,162
SEPTEMBER-
DECEMBER
1989/90
3,273,988
3,162,395
427,180
56,294
349,571
59,593
94,958
1,243,696
128,353
625,906
156,145
91,649
73,126
18,502
19,944
o
o
19,944
67,861
46,638
329,006
o
49,196
16,342
16,263
180,556
1,400
7,999
57,250
2,493,588
109,417
1,219,111
320,754
61,884
776,218
. 6,204
134,027
100,965
33,062
237
o
237
6, J76, 164
DATE: FEBRUARY 1990
54
TABLE 5
u.s. EXPORTS: SOYBEAN MEAL
METRIC TONS
------------------------------------------------------------------------
1:-.) . :' r' OCTOBER- OCTOBER-
DECEMBER DECEMBER DECEMBER DECEMBER
1988 1989 1988/89 1989/90
------------------------------------------------------------------------
EUROPE 81,981 7,665 251,001 24,662
EC-12 62,181 7,665 205,237 24,662
FRANCE 0 0 0 0
GERMANY, FED. REP. OF 0 0 0 0
GREECE 0 0 0 0
IRELAND 0 0 0 0
ITALY 31,468 7,632 87,102 18,086
NETHERLANDS 27,031 0 102,427 5,838
UNITED KINGDOM 196 32 12,223 738
OTHER 3,486 1 3,485 0
EAST EUROPE 19,800 0 45,764 0
HUNGARY 0 0 0 0
YUGOSLAVIA 0 0 25,964 0
OTHER 19,800 0 19,800 0
USSR 75,645 149,917 90,131 195,573
CANADA 73,114 47,238 177,654 154,377
LATIN AMERICA 161,916 76,634 506,254 214,521
COSTA RICA 0 0 3,448 0
DOMINICAN REPUBLIC 12,004 11,323 26,268 18,926
EL SALVADOR 0 3,150 5,551 10,402
GUATEMALA 50 8,780 7,918 14,727
HONDURAS 0 0 3,149 4,943
MEXICO 42,167 28,024 148,335 105,914
PANAMA 2,902 2,358 6,796 4,923
PERU 0 0 0 0
VENEZUELA 101,133 20,945 292,329 46,928
OTHER 3,660 2,054 12,460 7,758
ASIA 39,611 0 49,913 34,068
PHILIPPINES 36,573 0 36,588 27,149
OTHER 3,038 0 13,325 6,919
AFRICA & MIDDLE EAST 101,771 231,771 265,383 463,134
EGYPT 21,596 24,566 74,913 92,427
IRAQ 630 125,925 21,576 214,488
LEBANON 8,919 0 17,719 0
SAUDI ARABIA 13,708 19,048 32,709 44,051
OTHER 56,918 62,232 118,466 112,168
OCEANIA 3,166 0 21,050 4,399
AUSTRALIA 0 0 17,884 0
OTHER 3,166 0 3,166 4,399
TOTAL WORLD 538,954 512,674 1,374,290 1,090,030
DATE: FEBRUARY 1990
55
TABLE 6
u.s. EXPORTS: SOYBEAN OIL
METRIC TONS
- - - - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
OCTOBER- OCTOBER-
1988 1989 1988/89 1989/90
--------------------------------------------------------------------
EUROPE 184 a 253 2
CANADA 729 790 1,087 1,843
LATIN AMERICA 9,166 10,358 25,034 50,392
COLOMBIA 3 a 3 38
DOMINICAN REPUBLIC 0 0 33 26,822
ECUADOR 3,629 3,485 11,087 10,716
GUATEMALA 440 a 1,588 277
HAITI 469 399 1,256 576
JAMAICA 25 849 1,212 1,555
MEXICO 4,154 10 5,527 1,857
PANAMA 11 " 193 191 338
PERU a 202 1,569 611
TRINIDAD-TOBAGO 0 16 0 51
VENEZUELA 0 4,199 1,002 5,199
OTHER 435 1,005 1,566 2,352
ASIA 39,662 782 149,716 24,437
INDIA 8,024 662 12,313 -2,187
PAKISTAN 31,500 a 136,523 20,585
OTHER 138 120 880 1,665
ETHIOPIA 0- 2,307 0 2,708
GHANA 3,852 a 4,464 742
MAURITIUS 0 0 a 0
MOROCCO 0 12,604 6,312 22,203
SOMALIA 0 0 5,072 a
OTHER 942 24,552 2,936 39,163
OCEANIA 6 3 16 5
AUSTRALIA 4 0 14 a
OTHER 2 3 2 5
TOTAL WORLD 54,393 51,457 194,726 141,597
DATE: FEBRUARY 1990
56
TABLE 7
U ~ S . EXPORTS: SUNFLOWERSEED
METRIC TONS
--------------------------------------------------------------------.
SEPTEMBER- SEPTEMBER-
DECEMBER . DECEMBER DECEMBER DECEMBER
1988 1989 1988/89 1989/90
--------------------------------------------------------------------
EUROPE 8,603 3,256 19,844 20,720
EC-12 8,585' 3,238 19,649 20,315
BELGIUM-LUXEMBOURG 17 0 33 127
DENMARK 392 105 928 775
FRANCE 335 26 1,499 26
GERMANY, FED. REP. OF 4,667 1,498 10,562 .. 10,399
ITALY 649 2 814 70
NETHERLANDS 180 41 449 ,673
SPAIN .2,210 1,405 4,890 7,383
UNITED KINGDOM 134 161 473
.. 818
OTHER WEST EUROPE 18 18 195 405
FINLAND 0 0 0 0
OTHER 18 18 195 405
CANADA 1,163 3,231 l1.,028 11,775
LATIN AMERICA 1,547 48 2,133 994
MEXICO 1,440 33 1,645 262
OTHER 107 15 488 .732
ASIA 788 381 2,841 752
JAPAN 5 23 332 110
TAIWAN 773 358 1,607 551
OTHER 10 0 902 91
AFRICA & MIDDLE EAST ',: 4 36 4 189
EGYPT 4 0 4 0
SOUTH AFRICA, REP OF
'0
0 0 0
. OCEANIA 35 92 35 175
TOTAL WORLD 12,140 7,045 28,885 34,605
57
TABLE 8
u.s. EXPORTS: SUNFLOWERSEED OIL
METRIC TONS
------------------------------------------------------------------------
OCTOBER- OCTOBER-
1988 1989 1988/89 1989/90
------------------------------------------------------------------------
EUROPE 6,313 4,999 6,809 4,999
EC-12 6,313 4,999 6,809 4,999
NETHERLANDS 0 4,999 497 4,999
OTHER 6,313 0 6,312 0
OTHER WEST AND EAST E 0 0 0 0
CANADA 242 1,209 747 3,698
LATIN AMERICA 3,136 7,052 12,260 16,048
GUATEMALA 0 0 0 0
MEXICO 3,136 1,807 11,261 6,692
VENEZUELA 0 5,145 1,000 8,756
ASIA 1,502 1,313 2,543 2,797
JAPAN 1,502 1,313 2,453 2,751
OTHER 0 0 90 46
AFRICA & MIDDLE EAST 0 5,500 12,198 10,636
ALGERIA 0 0 12,198 5,137
EGYPT 0 0 O. 0
OTHER 0 0 '0 5,499
TOTAL WORLD 11,195 20,073 34,561 38,184
DATE: FEBRUARY 1990
58
TABLE 9
U.S. EXPORTS: PEANUT AND PRODUCTS
METRIC TONS
---------------------------------------------------------------------.
AUGUST- AUGUST-
1988 1989 1988/89 1989/90

EDIBLES
BELGIUM-LUXEMBOURG 0 41 438 81
FRANCE 369 2,270 588 2,723
GERMANY, FED. REP. OF 894 539 1,853 2,370,
IRELAND 20 44 20 64
ITALY 0 100 40 488
NETHERLANDS 2,778 9,020 13,225 31,534
SPAIN 402 380 1,376 1,832 '
UNITED KINGDOM 6,106 6,588 21,249 32,478
NORWAY 204 698 858 2,557
SWEDEN 0 210 24 854
SWITZERLAND 0 0 79 141
CANADA 3,606 3,624 13,549 14,380
JAPAN 1,841 2,037 9,501 9,183
OTHER 1,435 1,155 5,383 5,893
TOTAL' 17,655 26,706 68,183 104,578
PREPARED/PRESERVED
NETHERLANDS 800 867 2,964 5,134
UNITED 'KINGDOM 224 543 1,090 3,049
CJI.NADA 22 287 1,007 1,757
OTHER 1,046 866 4,904 5,296
TOTAL 2,092 2,563 9,965 15,201
INSHELL 1/
'FRANCE 253 145 760 849,
GERMANY, FED. REP. OF 195 452 4,153 5,243
ITALY 631 817 1,562 2,244
NETHERLANDS 1,313 1,288 6,289 5,752
SPAIN 1,278 1,366 4,216 4,669
UNITED KINGDOM 96 408 795 1,536
SWITZERLAND 16 0 177 159
CANADA 365, 811 1,600 2,654
OTHER 1,705 955 5,075 4,111
TOTAL 5,852 6,242 24,627 27,217
OILSTOCK
FRANCE 40 0 79 0
NETHERLANDS 338 C 536 123
UNITED KINGDOM 40 0 60 211
OTHER 0 216 303 732
TOTAL 417 216 978 1,066
1/ ON AN INSHELL BASIS, ACTUAL
2/ TOTAL REFLECTS CONVERSION TO
3/ DATA IN PRODUCT UNITS.
SOURCE: U.S. OF THE CENSUS
DATE: FEBRUARY 1990
TOTAL PEANUTS 2/
PEANUT' BUTTER 3/
HONG KONG
JAPAN
NETHERLANDS ANTILLES
SAUDI ARABIA'
OTHERS
TOTAL
2ll,553
46
141
3
355
i98
743
34,167 97,596 141,258
38 123 136
32 587 217
6 61 52
400 1,271
1,427
298 1,059

774 3,101
2,991
WEIGHT.
SHELLED BASIS.
TABLE 10
U.S. EXPORTS: COTTONSEED OIL
METRIC TONS
EUROPE
EC-12
GERMANY, REP.
NETHERLANDS
UNITED KINGDOM
. OTHER WEST EUROPE
SWITZERLAND
OTHER
CANADA
LATIN AMERICA
DOMINICAN REPUBLIC
EL SALVADOR
GUATEMALA
HONDURAS
MEXICO
VENEZUELA
. OTHER
ASIA
JAPAN
KOREA, REP. OF
OTHER
EGYPT
SOUTH AFRICA, REP. OF
TOTAL WORLD
DECEMBER
1988
534
531
o
531
o
3
3
o
251
3,751
o
o
o
o
54
3,644
53

1,270
1,199
o
o
o
o
6,993
DECEMBER
1989
345
345
o
345
o
o
o
o
746
10,066
o
3,971
o
o
113
5,950
32
6,937
5,820
1,100
17
o
o
o
18,173
60 .
OCTOBER-
DECEMBER
1988/89
1,185
1,182
.. 14
1,156
12
3
3
o
1,092
13,770
o
O'
1
18
982
12,685
-84
7,221
2,309
4,891
21
o
o
o
23,257
OCTOBER-
DECEMBER
1989/90
383
383
37
345
o
o
o
o
2,130
26',243
5,062
7,875
500
11
1,321
11,367
107
12,759
7,181
5,551
27
6,548
6,548
o
48,159
TAB.LE 11
U. S. EXPORTS: CORN OIL
METRIC TONS
------------------------------------------------------------------------
OCTOBER- OCTOBER-
198'8 1989 1988/89 1989/90
- - - - - - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EUROPE 3,499 1,341 15,692 10,624
EC-12 3,499 1,341 15,092 10,624
BELGIUM-LUXEMBOURG 0 0 1,000 0
FRANCE 0 0 0 5,246
ITALY 3,499 1,000 13,692 2,999
NETHERLANDS 0 338 400 2,337
UNITED KINGDOM 0 4 0 4
OTHER WEST EUROPE 0 0 600 0
EAST EUROPE 0 0 0 0
CANADA 688 721 2,138 1,681
LATIN AMERICA 670 1,612 1,373 2,758
COSTA RICA 12 0 15 28
GUATEMALA 184 0 244 209
HONDURAS 0 0 0 0
MEXICO 9 8 162 80
TRINIDAD-TOBAGO 36 111 91 III
OTHER 429 1,493 861 2,330
ASIA 2,977 2,953 4,898 8,033
HONG KONG 45 17 144 608
JAPAN 0 403 1,472 954
MALAYSIA 0 0 324 509
SINGAPORE 2,173 0 2,187 0
OTHER 0 2,533 771 5,962
KUWAIT 28 33 2,176 1,575
SAUDI ARABIA 2,000 6,998 6,811 9,005
UNITED ARAB EMIRATES 615 22 683 22
OTHER 54 466 1,138 10,526
OCEANIA 279 0 294
9"8
AUSTRALIA 0 0 13 14
OTHER 279 0 281 84
TOTAL WORLD 10,795 14,133 35,185 44,240
DATE: FEBRUARY 1990
61
TABLE 12
u.s. EXPORTS: CORN GLUTEN FEED
METRIC TONS
------------------------------------------------------------------------
OCTOBER- OCTOBER-
1988 1989 1987/88 1988/89
- - - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
EC-12 355,398 482,050 1,196,593 1,350,744
FRANCE 45,621 24,596 90,726 108,745
ITALY 32,037 0 67,438 34,902
NETHERLANDS 137,958 200,630 623,037 607,011
UNITED KINGDOM 7,204 24,828 96,920 68,171
IRELAND 16,640 35,116 54,422 120,976
GERMANY, FED. REP .. OF 54,,310 71,122 75,350 117,193
SPAIN 25,630 53,536 64,086 108,162
PORTUGAL 35,999 72,222 124,614 185,584
GREECE 0 0 0 0
CANADA 4,667 762 5,748 4,025
LATIN AMERICA 0 317 707 1,019
CHILE 0 0 0 0
MEXICO 0 317 707 1,019
ASIA 0 0 623 1,196
HONG KONG 0 0 0 0
PAKISTAN 0 0 343 0
TAIWAN 0 0 280 0
AFRICA & MIDDLE EAST 0 2,502 0 2,877
EGYPT 0 2,502 0 2,502
OCEANIA 290 0 290 0
AUSTRALIA 290 0 290 0
TOTAL WORLD 360,355
62
485,631 1,203,9621,359,861
TABLE 13
U.S. EXPORTS: CORN GLUTEN MEAL
METRIC TONS
EC-12
OTHER WEST EUROPE
EAST EUROPE
CANADA
LATIN AMERICA
GUATEMALA
MEXICO
TRINIDAD-TOBAGO
OTHER
ASIA
HONG KONG
JAPAN
. MALAYSIA
SINGAPORE
THAILAND
SINGAPORE
KOREA
OTHER
ISRAEL
OCEANIA
AUSTRALIA
OTHER
TOTAL WORLD
DECEMBER
1988
o
o
o
3,646
4,275
o
3,628
o
647
10,925
159
7,078
862
290
o
o
o
2,536
o
o
303
303
o
19,149
DECEMBER
1989
2,570
o
o
3,610
7,210
o
6,736
o
474
29,089
195
20,201
445
82
1,947
319
522
8,166
o
o
o
o
o
OCTOBER-
DECEMBER
1988/89
o
o
o
9,437
16,798
o
16,133
18
6-17
46,432
329
26,727
2,466
1,990
298
8,593
53
14,920
3,795
3,795
303
303
o
76,765
OCTOBER-
DECEMBER
1988/90
3,978
o
o
8,286
19,870
o
18,307
o
1,563
51,109
450
28,061
1,381
263
5,382
912
588
20,954
o
o
128
94
34
83,354
DATE: FEBRUARY 1990
63
TABLE 14
u.s. IMPORTS: SELECTED OILSEEDS AND PRODUCTS
METRIC TONS
OILSEEDS
FLAXSEED
PEANUTS 1/
SOYBEAN
SUNFLOWERSEED
OTHER
TOTAL
PROTEIN MEALS
CORN GLUTEN FEED
CORN GLUTEN MEAL
EDIBLE OILS
PALM
'COCONUT
PALM KERNEL 2/
OLIVE
RAPESEED
SOYBEAN
OTHER
TOTAL
INEDIBLE OILS
CASTOR
TUNG
LINSEED
TOTAL
PEANUT BUTTER
OTHER OILSEEDS & PRODUCTS
FISH OIL
FISHMEAL
DECEMBER
1988
16,958
o
2,339
613
2,250
22,160
28,265
,0
o
13,110
28,460
25,673
10,001
14,876
18,944
1,981
113,045
1,330
376
1
1,708
106
5,864
171,113
517
10,655
DECEMBER
1989
15,509
o
2,428
1,232
20,875
40,044
30,260
5,738
476
7,403
57,043
10,895
8,121
9,643
o
699
93,804
4,017
325
o
4,342
155
5,.550
180,435
606
495
OCTOBER-
DECEMBER
1988/89
46,728
144
32,979
5,852
8,084
'93,787
84,212
o
o
42,227
105,093
67,750
25,127
50,673
56,399
4,243
351,512
13,768
1,101
3
14,872
275
13,259
557,793
2,574
27,764
OCTOBER-
DECEMBER
1989/90
44,966
o
26,134
7,805
52,729
131,634
78,610
19,814
1,530
19,268
143,836
44,910
21,283
33,686
21
5,970
268,974
15,213
2,247
2
17,461
768
15,562
.534,451
3,690
21,028
1/ INCLUDES SHELLED AND UNSHELLED PEANUTS CONVERTED TO SHELLED BASIS.
75% UNSHELLED WT. = SHELLED WT.
2/ BEGINNING JANUARY 1989, IMPORTS INCLUDE SMALL
VOLUMES OF BABASSU OIL.
DATE: FEBRUARY 1990
64
TABLE 15
U.S.IMPORTS: SELECTED OILSEEDS AND PRODUCTS
THOUSAND DOLLARS
OILSEEDS
FLAXSEED
PEANUTS
SOYBEAN 0
SUNFLOWERSEED
OTHER
TOTAL
PROTEIN MEALS
CORN GLUTEN FEED
CORN GLUTEN MEAL
EDIBLE OILS
PALM
COCONUT
PALM KERNEL 1/
OLIVE
RAPESEED
SOYBEAN
OTHER
TOTAL
INEDIBLE OILS
CASTOR
TUNG
LINSEED
TOTAL,
PEANUT BUTTER
OTHER OILSEEDS & PRODUCTS
TOTAL OILSEEDS & PRODUCTS,
,FISH OIL
FISHMEAL
DECEMBER
1988
5,404
2
598
221
606
6,831
5,305
o
o
5,472,
'15,258
13,603
16,062
6,713
7,849
2,922
67,879
1,214
284
5
1,503
84
5,469
86,908
680
5,351
DECEMBER
1989
4,921
3
485
375
5,'659
11,443
4,767
695
124
2,160
26,216
5,702
16,378
4,732
8
1,747
56 ;,943
3,902
211
4
4,117
169
6,301
, 84,6'22
990
270
OCTOBER-
DECEMBER
1988/89
15,144
199
9,348
2,011
2,407
29,109
16,206
o
'0
17,819
57,980
37,662
39,283
23,845
21,235
7,326
205,150
12,611
849
14
13,474
233
13,947
277,457
2,329
1 ~ , 9 5 2
OCTOBER-
DECEMBER
1989/90
'14,369
, 3
5,980
2,891
14,256
37,499
12,229
2,313
420
6,0'22
68,796
21,076
41,563
15,747
19
7,093
160',316
13,8'08
1,58'6
11
'15,40-5
775
18,775
247,831
3,347
7,418
1/ BEGINNING JANUARY 1989 IMPORTS INCLUDE SMALL VOLUMES
OF BABASSU OIL
DATE: FEBRUARY 1990
65
COMMODITY
TABLE 16
SELECTED OILSEEDS AND PRODUCTS
AVERAGE EXPORT AND IMPORT
. UNI T VALUES
: DECEMBER: DECEMBER: OCT/DEC: OCT/DEC
UNITS: 1988: 1989: 1988/89: 1989/90
OILSEED EXPORTS:
SOYBEAN
PEANUT 1/
SUNFLOWERSEED
VEGETABLE OIL EXPORTS:
SOYBEAN
COTTONSEED
MEAL EXPORTS:
SOYBEAN
VEGETABLE OIL IMPORTS:
PALM
PALM KERNEL
COCONUT
RAPESEED
OLIVE
FISHMEAL IMPORTS
$/MT
$/BU
$/MT
/LB
$/MT
$/MT
/LB
$/MT
/LB
$/MT
$/MT
/LB
$/MT
/LB
$/MT
/LB
$/MT
/LB
$/MT
$/MT
293
7.98
856
38.8
582
533
24.2
599
27.2
282
417
18.9
530
24.0
536
24.3
451
20.5
1606
502
.227
6.19
609
27.6
486
461
20.9
417
18.9
217
292
13.2
523
23.7
460
20.8
491
22.3
2017
545
297
8.09
886
40.2
588
578
26.2
579
26.3
289
422
19.1
556
25.2
552
25.0
471
21.3
1563
492
225
6.13
642
29.1
521
473
21. 5
464
21. 0
223
313
14.2
469
21. 3
478
21.7
467
21.2
1953
353
NOTE: U.S. EXPORT VALUE IS THE VALUE AT THE PORT OF EXPORTATION AND
IS BASED ON THE SELLING PRICE (OR COST IS NOT SOLD), INCLUDING INLAND
FREIGHT, INSURANCE AND OTHER CHARGES TO THE PORT. U.S. IMPORT VALUE
GENERALLY IS THE MARKET VALUE IN THE FOREIGN COUNTRY, AND EXCLUDES
IMPORT DUTIES, OCEAN FREIGHT, AND MARINE INSURANCE.
1/ INCLUDES SHELLED AND UNSHELLED PEANUTS CONVERTED TO SHELLED BASIS:
U N S H E L L E D ~ WT. = SHELLED WT.
DATE: FEBRUARY 1990
FLOUDIA M. BRADLEY (202) 382-8257
66
CONTACT FOR ADDITIONAL INFORMATION
Circular Publication
Circular Coordinator Debra A. Pumphrey 382-8232
Clerical and Statistical Alfreda A. Barnes 382-8233
\lord Processing Kimberly A. Smith 447-4108
Data Processing Kevin N. Smith 382-8231
Debra A. Pumphrey 382-8232
Subscription Service Robertha McLean 382-9445
General Information
Market Development Programs Sharon L. McClure 382-0138
Market Highlights Hassan Ahmed 382-0137
Jeanne F. Bailey 382-0141
David N. Kiefner 447-4127
Oilseed Production Rod Paschal 382-8881
Prices and Economic Indicators Alan E. Holz 382-0090
Trade Policy Brian Grunenfelder 382-8272
Commodity Specific Information
Copra
Cottonseed
Fishmeal and Oil
Flaxseed
Olive Oil
Palm and Palm Kernel Oil
Peanuts
Rapeseed
Soybeans
Sunflowerseed
Lynn J. Garrett
Floudia M. Bradley
Debra A. Pumphrey
Kevin N. Smith
Margaret E. Thursland
Lynn JI. Garrett
Lynn J. Garrett
Debra A. Pumphrey
Kevin N. Smith
382-0143
382-8257
382-8232
382-8231
447-6234
382-0143
382-0143
447-6234
382-8232
382-8231
Country and Region Specific Information
Africa
Asia
Canada
Europe, Eastern
Non-EC Yest Europe
EC
Latin America
Middle East
Oceania
U.S.S.R. (Soviet Union)
Floudia M. Bradley
Lynn J. Garrett
Kevin N. Smith
Kevin N. Smith
Debra A. Pumphrey
Floudia M. Bradley
Lynn J. Garrett
Kevin N. Smith
382-8257
382-0143
447-6234
382-8231
382-8231
447-6234
382-8232 .
382-8257
382-0143
382-8231
NOTE: All the above phone numbers are Area Code (202).
oD.S.COVERNMENT PRINTINC OFFICE:199D-262-B53:20301/FAS
67
50272 -101
..-
REPORT DOCUMENTATION 11. REPORT NO.. - 1
2
l I
PAGE FOP 3-90 I PB90-19553B I
-- . !.-
4. Title and Subtitle 5. Report Date
FOP 3- 9 W0 r 1d 0i 15eed Sit uat ion and ark et Hi 9h1i qhtp.-.-_3_-_9_0 -l
6.
7. Author(s) B. Performing Organization Rept. No.
USDA, FAS Oil seeds and Products
9. Performing Organization Name and Address
USDA, Foreign Aqricultural Service
Washington, DC 20250-1000
10. Project/Task/Work Unit No.
-----------------1
11. Contract(C) or Grant(G) No.
(C)
(G)
12. Sponsoring Organization Name and Address 13. Type of Report & Period COilered
Same as Above Commodity Report
14.
15. Supplementary Notes
Updates, 3-89
16. Abstract (limit: 200 words)
World production of oil seeds durinq 1989/90 if forecast at 213.6 million
tons, doWn slightly from last month's level, but up nearly 6 percent from
last year's reduced level.
17. Document Analysis a. Descriptors
b. Identifiers/Open-Ended Terms
c. COSATI Field/Group
18. Availability Statement
19. Security Class (This Report)
UNCLASSIFIED
OPTIONAL FORM 272 (4-77)
(Formerly NTIS-35)
Depertment of Commerce
1
22
priceAot-J,
20. Security Class (This Page)
'REPRODUCED BY- .. -
I U.S. OF COMM'ERCE
i NATIONAL TECHNICAL INFORMATION SERVICE
r \ I" '-")1 "'1
,----_. ------.- - ."- ------- -- ._----_.
(See ANSI-Z39.1B)
".

World Oilseed Situation and Market Highlights, March 1990

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World Oilseed Situation and Market Highlights, March 1990

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~ United States

In4/85(84) 22,252 0 4,460 17,672 351

10,607 0 8,562 2,271 393

12,135 0 9,300 2,950 380

2,585 0 1,212 1,490 145

2,587 107 935 1,596 270

India July 28, 1986 25,000 25,000 0 0 25,000

Dec. 15, 1987 300,000 100,000 20,000

Turkey Jan. 6, 1988 80,000 17,100 49,400 13,500 80,000

Total 765,000. 325,100 186,400 13,500 525,000 240,000

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