Académique Documents
Professionnel Documents
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USDA
United States
Department of
Agriculture
Economic
Research
Service
OCS-1998
October 1998
Oil Crops
Situation and
Outlook Yearbook
ERSOCS1998
1111111111111111111111111111111111111
Contents
Summary
U.S. Soybean Situation
World Oilseed and Protein Meal Situation
World Vegetable Oil Situation
Situation for Other U.S. Oil Crops
Cottonseed
Peanuts
Sunflowerseed
Other Minor Oilseeds
Corn Oil
Other Fats and Oils Highlights
Imported Oils
Animal Fats
End Uses of Fats and Oils
Special Articles
Soybean Supply and Use Tables Published for First Time in China
Despite Rise of Market Forces, Continued Government Intervention
in China's Soybean Economy Adds Uncertainty in World
Oilseed Markets
List of Tables
3
4
6
9
10
10
10
11
11
12
13
13
13
13
14
19
26
Coordinators
Scott Sanford (202) 694-5309
Mark Ash (202) 694-5289
Principal Contributors
Mark Ash (202) 694-5289 (Soybeans)
Scott Sanford (202) 694-5309 (Peanuts)
Mae Dean Johnson (202) 694-5299 (Statistics)
Editor
PROTECTED UNDER INTERNATIONAL COPYRIGHT
ALL RIGHTS RESERVED.
NATIONAL TECHNICAL INFORMATION SERVICE
U.S. DEPARTMENT OF COMMERCE
Diane Decker
Reproduced from
best available copy.
Situation and Outlook reports may be accessed electronically via the ERS Web Site (http://www.econ.ag.gov).
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Summary
Tight Carryin Stocks, Record Oilseed Harvests
Led to Robust Demand in 1997/98
Following 2 years of delayed plantings, firm soils advanced
U.S. soybean planting in 1997 to the fastest start since 1994.
U.S. farmers planted 70.6 million acres of soybeans in 1997,
6.3 million more than in the preceding year. Very strong
soybean prices (versus corn, sorghum, wheat, and cotton),
the absence of acreage set aside programs, modifications of
farm rotations to include more soybeans, declining costs of
production, and optimum planting conditions led to the
surge in soybean area. U.S. soybean production in 1997 was
2,703 million bushels, surpassing the 1994 record by 186
million bushels. The final U.S. average soybean yield settled
to 38.8 bushels per acre, second only to 1994.
Tight world supplies and brisk foreign demand spurred 6
months of heavy U.S. exports until the record 1997/98 South
America soybean harvest appeared. U.S. soybean exports for
the season, however, totaled 870 million bushels, down from
882 million a year earlier. The resurgence of soybean oil
prices and the drop in the cost of soybeans enhanced crushing margins in the first half of the marketing year. Greater
investment in U.S. capacity and the advent of the large South
American harvest created very narrow margins in the second
half, but U.S. processors continued to successfully defend
their world market share. As a consequence, 1997/98 domestic crush rose to a record 1,597 million bushels. Despite the
264-million bushel increase in supplies, year ending soybean
stocks increased only 68 million bushels.
U.S. crushers produced a record 18.1 billion pounds of soybean oil in 1997/98 in response to a global shortfall in vegetable oil. Domestic disappearance of crude soybean oil
increased from 14.3 billion pounds in 1996/97 to 15.2 billion. Soybean oil prices rose steadily since the summer
1997, with the 1997/98 average price increasing to 25.8
cents per pound. The spike in demand cut 1997/98 U.S. soybean oil ending stocks to 1,387 million pounds, down from
1,520 million a year earlier. U.S. 1997/98 soybean oil
exports swelled to 3.25 billion pounds, surpassing the previous high of 2.7 billion set in 1979/80.
A strengthening world oil market in 1997/98 accelerated the
crush, generating ample volumes of soybean meal and cutting soybean meal prices. The central Illinois cash price for
high protein soybean meal averaged $186 per short ton, considerably less than the $271 a year earlier. Total 1997/98
meal exports were 9.4 million short tons, far surpassing the
1979/80 record. With a larger U.S. livestock inventory and
considerably lower soybean meal prices, domestic disappearance rose to 28.7 million short tons from 27.3 million
in 1996/97.
Global trade in major oilseeds reached an estimated peak of
53.4 million tons in 1997/98, surpassing the previous season's total by 3.9 million tons. Soybeans remained the undisputed leader with 40.0 million tons traded. World meal use in
u.s.
Despite declining global stocks and rising prices for vegetable oils, China expanded its oil imports in 1997/98. Even
with an increase in the soybean oil tariff, China's smaller
oilseed production in 1997 extended the oil deficit. China
accounted for more than one-fourth of the world's soybean
oil imports. U.S. 1997/98 soybean oil exports swelled to
3.25 billion pounds, surpassing the previous high of 2.7 billion set in 1979/80.
A strengthening world oil market in 1997/98 accelerated the
crush, generating ample volumes of soybean meal. When
demand for vegetable oils is stronger than protein meal
demand, prices for soybean oil and soybean meal go in
opposite directions. Soybeans produce 4 times as much
meal than oil, so the more that are crushed to satisfy the
world oil market, proportionately greater supplies of soybean meal are created. Unlike oil, meal cannot be stored
very long, so meal prices must fall to clear the market of
excess supplies. The world's dependence on U.S. supplies
last fall kept meal prices relatively firm. Eventually, record
large 1997/98 U.S. and South American meal supplies,
weaker corn and wheat prices, and weaker Asian demand
yield. Generally good weather, adoption of better management practices, and increasing use of inputs are responsible.
A tremendous surge in Brazilian soybean exports greatly
depleted Brazilian supplies last fall. Brazilian crushers were
compelled to import U.S. supplies in 1997/98, as the United
States was one of the few sources available to sustain operations until the Brazilian 1998 harvest. However, Brazilian
legislation banning imports of genetically modified organisms (GMOs) created much uncertainty whether U.S.
imports would be allowed. A Brazilian government commission agreed in October to reverse a stance on imports of
genetically modified soybeans. The commission's decision
still prohibited planting GMO seed but allowed Brazil to
import 1.55 million tons of soybeans for crushing under the
drawback plan, which requires reexporting an equivalent
volume of the products. But this uncertainty and the government's halving of the time permitted for re-exporting products under the drawback program to 90 days curtailed soybean imports from the United States.
From October 1997 through September 1998, Brazil's soybean exports rose at a more moderate pace (to 9.1 million
tons) compared with 1996/97, when the export sales taxes
were removed. With greater competitor supplies and weaker
world demand, Brazilian soybean processers crushed 20
million tons, virtually the same volume as in 1996/97. A
slight decrease in soybean meal production trimmed exports
to 10.3 million tons but Brazil remained the world's single
largest exporter of soybean meal. Brazilian soybean oil
exports dipped slightly to 1.28 million tons.
Given the drought-ravaged 1997 soybean harvest of 11.2
million tons, the supply situation in Argentina began just as
tight as in Brazil. Argentina's soybean imports rose to an
unprecedented 0.65 million tons. Attractive prices motivated
Argentine producers to raise harvested soybean area to a
record 7.0 million hectares, largely at the expense of wheat
and corn area. Yields soared because of ample moisture and
a greater proportion of first-crop soybeans. Varietal
improvements, including wider adoption of herbicide resistant soybeans, also enhanced productivity within Argentina.
Expanded area and better yields culminated in a record soybean output of 18.7 million tons, even though frequent
showers hampered harvest progress. Greater supplies raised
the 1997/98 Argentine soybean crush to 13.0 million tons.
This permitted Argentina to export more soybean meal, with
1997/98 exports at 9.9 million tons, up 1.2 million from the
previous year.
In Paraguay, favorable prices and declining production costs
boosted relative returns for raising soybeans. Soybean plantings expanded to a record 1.3 million hectares. Despite
flooding along the Parana River, fields were relatively
Economic Research Service/USDA
and the United States moderated supply growth. Late plantings and weather problems also plagued the Argentine cotton
crop, which scaled back cottonseed production and domestic
crush there.
World 1997/98 peanut production slipped to 27.1 million
tons, down from the 1996/97 output of 28.4 million.
Reductions in China, India, and the United States were
mostly responsible. Modest production gains throughout
Africa and Argentina partially offset losses in these countries. With global consumption of peanuts for food use rising, consumption for crushing declined 9 percent to 13.8
million tons. Although it is a relatively minor component of
demand, international trade in peanuts and peanut products
increased slightly.
In China, drought in the major northern producing provinces
of Shandong, Henan, and Hebei damaged peanut yields and
quality. Chinese peanut production dropped to 9.65 million
tons (in-shell basis). Chinese consumption of peanuts for
food is relatively inelastic, so most of the shortfall reduced
peanuts crushed for oil and exports. Chinese peanut exports
dropped about 60 percent, as many of its traditional
Southeast Asian buyers, particularly Indonesia, scaled back
imports because of struggling economies. Lower crushing
decreased Chinese peanut meal output about 190,000 tons.
India's 1997 peanut production also fell, declining 1.0 million tons to 8.0 million. The principal peanut regions of
western India received adequate summer rain for early
development, but successive dryness pinched yields. As in
China, India's peanut shortfall was entirely borne by a
reduction in crushing, which widened the nation's deficit in
domestic vegetable oil supplies. Conversely, good weather
helped Argentine peanut production reach a record of 0.65
million tons. Argentina exported about three-fourths of the
crop, becoming the world's leading peanut exporter in
1997/98.
El Nino dramatically cut fishmeal production in Peru and
Chile (which account for about 60 percent of world output).
This climatic phenomenon involves an abnormal warming
of equatorial Pacific Ocean waters. Fish move to colder,
deeper waters and normal migration patterns are altered,
hampering the South American coastal fish harvests. A higher proportion of the fish caught were small juveniles, leading the governments of both countries to impose seasonal
fishing bans to prevent overfishing during the 1998 spawning period. As a result, the catch of sardines and anchovies
for reduction into fishmeal declined. Global fishmeal output
dropped nearly one-fifth in 1997/98 to 5.1 million tons.
World fishmeal prices increased about one-fifth from a year
earlier. China is the world's largest consumer of high protein
fishmeal. The price hike reduced Chinese 1997/98 fishmeal
imports by 17 percent. World fish oil production also fell to
the smallest volume since 1972. Sharply rising prices curtailed fish oil imports and consumption by the major buyers
in Western Europe.
Economic Research Service/USDA
10
per short ton in the 1997 season, down from $126 a year
earlier. Based on a crop of 6.935 million short tons, the farmgate value of the 1997 cottonseed crop is placed at $876
million, below the previous season's $916 million but still
the second highest on record.
Peanuts
On December 16, 1996, USDA announced a national peanut
poundage quota for the 1997 marketing year of 1.133 million short tons, in-shell basis, or 2,266 million pounds, up 3
percent from 1996. This amount equaled the estimated
quantity of peanuts needed for domestic edible and related
uses, excluding seed, and allowed for underdeliveries of up
to 4.5 percent. On February 14, 1997, USDA announced a
national average price support for 1997 quota peanuts of
$610 per short ton, unchanged from a year earlier, and a
national average support rate for additional peanuts of $132
per short ton, also unchanged.
U.S. peanut producers planted 1.431 million acres of
peanuts in 1997, up 2.1 percent from a year earlier. By
region, 1997 peanut plantings declined in the Southeast
(AL, FL, GA, and SC) by 1.3 percent to 817,000 acres,
declined in the Virginia-North Carolina region by 2.5 percent to 197,000 acres, and rose in the Southwest (TX, OK,
and NM) by 12.2 percent to 417,000 acres. In Virginia and
North Carolina, plantings of 75,000 and 122,000 acres,
respectively, were the lowest in at least 50 years.
U.S. peanut production in 1997 totaled 3,537.1 million
pounds, in-shell basis, down 3.4 percent from the previous
year. Average yield per harvested acre was 2,507 pounds, a
146-pound drop from the 1996 yield. Larger beginning
stocks and imports helped to moderate the production
decline, but total supply was nonetheless down 1.6 percent
from the 1996 season to 4.473 billion pounds-the lowest
since the drought-stricken 1990 crop.
The 1997 U.S. peanut crop got off to a slow start, but was
helped by rains in July in many areas. Early season yield
prospects were good, but lack of moisture in August and
September cut yield prospects significantly. When the final
tally was taken, the average yield fell from the previous
season in every State and region except the Southwest. The
average yield in Texas rose to a record 2,610 pounds per
harvested acre as production continues to expand on irrigated acreage.
u.s.
The 1997 peanut crop year saw another rise in food use, the
second consecutive annual increase, following several seasons of decline. Food use of peanuts rose 3.4 percent to
2,099 million pounds, in-shell basis. The increase was comEconomic Research Service/USDA
Sunflowerseed
With greater planting flexibility gained through the 1996 farm
legislation, farmers have a renewed interest in producing
minor oilseeds. In the spring of 1997, grain prices plummeted
from their high 1996 level while oilseed prices remained stable. And near-record snow depths during the winter of 1997
led to spring flooding and late planting in the Northern Plains.
These factors shifted acreage from wheat to sunflowers,
which have a shorter growing season. Sunny skies prevailed
throughout May and accelerated drying of soils, allowing
farmers to catch up on sunflower planting. U.S. farmers planted 2.92 million acres, up 14 percent from 1996. Virtually all
of the area increase was in North Dakota. But delays in planting, a dry summer, and severe midge infestations trimmed
1997 average sunflowerseed yields to 1,320 pounds per acre
from 1,435 pounds in 1996/97. Year to year production
increased 177 million pounds to 3,763 million, on the
strength of 353,000 more acres harvested. Despite record harvested acreage of 628,000 acres, production of non-oil varieties fell 4 percent because of lower yields.
The sunflowerseed crush soared to 2,338 million pounds in
1997/98. The major reason for the surge was that sunflower
oil exports increased nearly one-fourth from 1996/97. By
late summer, that robust growth had considerably shrunk
available supplies. Season ending sunflowerseed stocks fell
sharply to 202 million pounds following 2 years of large
carryover. A stronger world vegetable oil market supported
prices of high oil content oilseeds such as sunflowerseed.
Despite ample supplies, the 1997/98 average farm price for
sunflowerseed stayed firm at $11.85 per hundredweight.
U.S. sunflowerseed oil exports were about 100 million
pounds higher than 1996/97 shipments of 709 million. This
is mainly because of greater oil exports to Algeria, Mexico,
and Egypt. The spurt in sunflower oil production caused an
unusually small price premium relative to soybean oil.
Sunflowerseed oil prices averaged 27 cents per pound in
1997/98, compared with 22.5 cents the previous season. The
average price for sunflower meal was pressured by much
higher soybean meal supplies, and dropped from $111 per
short ton the previous year to $84.
11
12
Corn Oil
Domestic producers manufactured 2.3 billion pounds of corn
oil in 1997/98, up nearly 5 percent from the previous year.
Corn oil prices rose to 31-33 cents per pound as carryout
stocks declined slightly to 120 million pounds. The main reason for the tightening supplies was the expansion in U.S.
corn oil exports (largely to Spain and Italy) to 1.1 billion
pounds, up from 988 million a year earlier. Rising European
sunflower oil prices aided foreign demand for corn oil.
Between fall 1997 and summer 1998, the corn oil price premium over soybean oil widened considerably, from less than
1 cent per pound to as much as 7 cents. Higher prices led to
only a slight increase in total domestic disappearance of corn
oil, although consumption in finished products (including
frying oils and margarine) declined 9 percent.
Animal Fats
Despite a slight reduction in cattle slaughter, higher slaughter weights countered to raise U.S. 1997/98 tallow output.
Edible tallow production rebounded to 1.5 billion pounds,
following the 1996/97 decline to 1.4 billion. U.S. tallow
exports increased more than one-third, to 240 million
pounds, because of greater supplies and higher world prices
for palm stearin, a competing feedstock in the manufacture
of fatty acids for soaps, detergents, pharmaceuticals, and
cosmetics. Export gains were most apparent for Latin
American countries. But tumbling Asian currencies near the
end of 1997 put downward pressure on tallow prices, which
averaged 20.7 cents per pound, compared with 23.0 cents a
year earlier. Prices regained some momentum after the
postponement of an EU proposal to ban the use (for all purposes) of tallow made from materials with a higher risk for
Bovine Spongiform Encephalopathy (BSE). U.S. rendering
plants do not exclude applicable tissues such as cattle
brains and spinal cords prior to processing. Without an
exemption for BSE-free countries, such as the United
States, the ban would have blocked tallow exports to
Europe. Based on higher use for inedible products, growth
in domestic disappearance was more modest, rising 2 percent to 1,250 million pounds.
Lard production also bounced back in 1997/98, rising 9 percent to 1,065 million pounds. Higher prices in 1996/97
13
Special Article
Abstract: This year, China's Ministry of Agriculture Information Center published for the
first time a supply and demand balance sheet for the soybean complex. The report indicated
that China produced about 14 million tons of soybeans in 1997/98, making it the world's
fourth largest soybean producer behind the United States, Brazil, and Argentina. The report
also showed that yearend soybean stocks are forecast at 1.8 million tons, up 300,000 tons
from the previous year. Because of rapid expansion of the economy, accelerated demand for
meat products, and limited cropland for additional sown areas, China's imports of soybean,
soymeal, and soyoil have increased dramatically in recent years. Imports of soybeans, edible
vegetable oils, and protein meals are expected to continue rising because of the increasing
gap between domestic demand and supply. However, there is uncertainty as to whether the
mix of products will include proportionally more oil and meal or more beans for crushing
domestically.
Keywords: soybeans, soymeal, soyoil, China
Background
The monthly world supply and use table issued by the U.S.
Department Agriculture's World Agricultural Outlook Board
lacks information about China's soybean economy. Under
the Emerging Markets Program, USDA's Foreign
Agricultural Service (FAS) and Economic Research Service
(ERS) initiated a project to help nine agencies 2 in China
establish single commodity supply and use balance sheet
tables. The program began in spring 1997. Analysts from
the Ministry of Agriculture (MOA) Information Center
attended ERS training sessions in Beijing and in
Washington, D.C. In spring 1998, MOA presented an article
entitled "China's Soybean Complex Market Review and
Forecast," that was included in a booklet published by
China's State Administration of Grain Reserves (SAGR)
National Grain Information Center entitled Soycomplex
Market Analysis and Forecast in 1998, in Chinese. (4)
14
This article presents a MOA analyst's view of China's soybean supply and use. The information was obtained from
meetings with MOA and SAGR officials during a trip to
China by a USDA Soybean Team in July 1998. 3 While the
supply and use tables do not represent formal or official
tables from MOA or SAGR, they do give insights with
regard to soybean supply and use in China from well trained
and well-qualified analysts. These tables also do not represent USDA estimates.
15
Unit
1993/94
1994/95
1995/96
1996/97
1997/98
1,000 tons
Area
Yield
Production
Imports
Domestic supply
Beginning stocks
Total supply
9,454
1,619
15,300
130
15,430
1,900
17,330
9,222
1,734
16,000
160
16,160
3,300
19,460
8,127
1,661
13,500
800
14,300
3,100
17,400
7,470
1,769
13,300
2,190
15,490
2,000
17,490
8,297
1,627
13,800
2,900
16,700
1,500
18,200
6,000
5,500
690
140
1,100
14,030
3,300
17,330
8,500
6,400
610
460
390
16,360
3,100
19,460
7,940
6,250
560
480
220
15,400
2,000
17,400
8,450
6,280
620
440
200
15,990
1,500
17,490
9,000
6,320
610
270
200
16,400
1,800
18,200
(percent)
1,400
23.5
-200
18.9
-1,100
13.0
-500
9.4
300
11.0
(RMB/kg)
2.38
2.65
3.08
3.4
3.1
(1000 hal
(kg/ha)
Crushed
Food use
Seed and waste
Other use
Exports
Domestic use
Yearend stocks
Total use
Change in stocks
Stocks-to-use ratio
Domestic yearend
market price
1994/95
1995/96
1996/97
1997/98
1,000 tons
6,650
8,300
160
Total crush
6,650
8,460
5,185
6,600
Calculated meal
extraction rate (percent)
78.0
6,260
6,200
800
2,090
2,800
7,940
8,350
9,000
6,190
6,510
7,020
78.0
78.0
78.0
78.0
21
50
1,550
3,750
4,000
5,206
6,650
7,740
10,260
11,020
954
1,280
100
30
30
4,855
5,370
7,640
10,230
10,990
1,260
1,210
1,310
1,400
14.9
15.2
15.7
15.6
Meal imports
Total meal supply
Exports
Domestic meal use
Domestic oil production
Calculated oil
extraction (percent)
7,140
16
1994/95
1995/96
1996/97
1997/98
1,400
1,000 tons
Domestic production
1,260
1,210
1,310
Imports
1,700
1,450
1,670
1,600
Annual supply
2,960
2,660
2,980
3,000
200
460
350
380
Total supply
3,160
3,120
3,330
3,380
Domestic consumption
2,630
2,700
2,800
2,920
90
70
150
150
2,700
2,770
2,950
3,070
Exports
Annual consumption
Surplus for next year
460
350
380
310
17.0
12.6
12.9
10.1
Table A-4
Total
veg.
oil
Peanut
Soy
Rapeseed
Sesame
Other
(Sunflower,
cottonseed)
Total
0.11
0.18
0.92
1.21
1.59
0.52
Kilograms
Rural
Urban
6.07
7.66
4.49
7.14
.82
1.23
.71
2.30
1.93
2.22
Source: SSB Data compiled by Colby and Crook. (Note: Rural household consumption surveys do not include consumption that is out of the home.)
17
al average reported as 7.14 kg by SSB. Animal fat consumption in urban areas is noticeably lower than in rural areas.
Data on urban consumption underestimate total per capita
vegetable oil consumption due to the following factors: (1)
out-of-home consumption is not included; and (2) consumption of oil in processed products, which use significant
amounts of soy and palm oil, are not included.
Urban areas are also experiencing significant growth in the
production and consumption of refined oils. While no statistics are available on consumption of refined oils, traders
suggested that up to 25 percent of the vegetable oil consumed in China's urban areas was refined. The majority of
oil consumed is second grade, which is only degummed.
References:
1. Crook, Frederick W., Robert Hanson, Hsin-Hui Hsu, Brad
Karmen, and Philip Laney, "Soybean Consumption and
Trade in China: A Trip Report," unpublished trip report,
July 1998.
18
Special Article
19
Figure B-1
Figure B-2
Million hectares
Rice
US
74.22
28.13
~China
~14.73
Wheat
Others
26.62
Other grain
18.07
14.3
Corn
21.06
Source: USDA, WASDE
From 1955 through the early 1980s the grain Bureaus dealt
with all grains. But with the opening of rural markets in the
early 1980s Grain Bureaus began to pay less attention to
minor grains such as potatoes, sorghum, millet, barley, oats,
peas, and beans. Most of their attention was focused on purchasing wheat, rice, corn, and soybeans.
When local free market prices rose above the fixed quota
price and support prices, as shown in figure B-3, farmers
were required to sell quantity OA to local grain stations.
After fulfilling the quota farmers then could sell quantity
AB to the grain stations (oilseed mills) at a negotiated or
open market price. Government-negotiated prices varied on
a daily basis and usually settled between the fixed quota and
market price.
In cases where market prices fell below the fixed quota
prices, the government provided for support prices (baohu
jige). For example when China's domestic corn prices fell
below the fixed quota price in 1997, Grain Bureaus were
supposed to purchase corn at the support price. Figure B-4
illustrates the situation where market prices fall below the
support price and government "support" prices become
effective. In this case, farmers would sell quantity OA to the
grain stations at the fixed quota price. The Grain Bureau
grain stations were supposed to purchase soybean AC at
support price. Quantity BC is greater than the market
requirements, and presumably this quantity would have
been placed in government storage.
20
Figure B-3
Figure B-4
p
Supply
Supply
Quota
Support f---+-----"'-~------:7I'
Market
Market
I-------~o_-------
1----+-----:71"'--.
Quota
Supporn-:7"----I-----t-----~
Demand
Demand
Figure B-5
3,500
.,. ,.
3,000
2,500
......
2,000
......
.. . ... .. . . .
,.
,'
...
..... ....
.. . . . . .. . .. .
Market
Neg't
Quota.-'
........
......
/-
..... -
/.....,
/',
....
,,_ ...........
1,500 L-L-----L----'------'----L.....l..-..L.--'-----L-J----l-L-----L----'------'----L...---'--..L.--'-----L-J----l-L-----L----'------'----L...---'--..L.-..L.--'---'------.l-----L-L-----L----l.----'------'---'--L..J
1995.01
1995.05
1995.09
1996.01
1996.05
1996.09
1997.01
1997.05
1997.09
1998.01
1998.05
Source: MOA-IC
21
is no longer responsible for subsidizing local operation losses under the new reform. Recent news articles from China
suggest that over the past 6 years US$ 25.8 billion in loans
have been lost. For example, $65.6 billion in loans were
advanced to Grain Bureaus to purchase grains but Grain
Bureaus can only account for the purchase of US$39. 8
worth of grain, leaving an unaccounted for balance of $28.5
billion (10). Under the reform, Grain Bureaus are expected
to make profits in all transactions if they follow the new
policy guidelines.
Figure B-6
Rural consumers
Self use
/
Transfers
(Ciao-bo)
22
Feed mills
Flour mills
Corn exports
(Chu-Kou)
1996
Production
1,000 tons
1995
Share
Percent
Production
1,000 tons
Share
Percent
Northeast:
Heilongjiang
Inner Mongolia
Jilin
Liaoning
4,135
834
634
404
31.28
6.31
4.80
3.06
4,273
525
783
413
31.64
3.89
5.80
3.06
North:
Shandong
Henan
Hebei
1,141
911
737
8.63
6.89
5.57
1,230
1,067
786
9.11
7.90
5.82
553
428
4.18
3.24
643
459
4.76
3.40
Central:
Anhui
Jiangsu
National total
13,221
13,504
It is less clear how the policy has affected the soybean economy. Whereas the government appears to have been successful in boosting area and production of wheat, rice, and corn,
national area and output of soybeans have fallen since 1994.
If soybean demand is greater than supply in a province, the
province's governor has a number of options. First, he can
use administrative and price support measures to encourage
farmers in his province to grow more soybeans. Second, he
can order his grain companies to buy soybeans from other
provinces. Third, he can implement administrative measures
to limit the outflow of soybeans from in his province.
Fourth, the governor can petition the State Council to grant
import licenses (and quotas as required) to import soybeans
or soybean products from foreign suppliers.
23
24
References:
1. Brown, Lester. "How China Could Starve the World: Its
Boom Is Consuming Global Food Supplies," Outlook
Section, Washington Post, August 28, 1994.
2. Brown, Lester. Who Will Feed China? Wake Up Call for
a Small Planet. Worldwatch Institute, September 1995.
3. Crook, Frederick w., "Agricultural Policies in 1998:
Stability and Change," USDA, ERS, International
Agriculture and Trade Reports: China, Situation and
Outlook Series, WRS-98-3, July 1998.
4. Crook, Frederick W., "China's 'Governor's Grain Bag
Policy': Concerns About Food Security," China
Information, Vol. XII, No.3, Winter 1997-1998, pp. 87103.
5. Crook, Frederick w., Robert Hanson, Hsin-Hui Hsu, Brad
Karmen, and Philip Laney, "Soybean Consumption and
Trade in China: A Trip Report," unpublished trip reports,
July 1998.
6. Hapgood, Fred, "The Prodigious Soybean," National
Geographic, July, 1987.
7. Ke Bing-sheng, "On-farm Grain Stocks in China and Its
Impact on Market Balance," paper delivered at Ministry
25
List of Tables
1. Soybean stocks: On-farm, off-farm, and total U.S., by quarter, 1986/87-1997/98
2. Soybeans: Acreage planted, harvested, yield, production, value, and loan rate, U.S., 1955/56- 1998/99
3. Edible fats and oils: Supply and disappearance, U.S., 1985/86-1998/99
4. Peanuts: Acreage planted, harvested, yield, production, and value, U.S., 1967/68-1998/99
5. Peanuts (farmers' stock basis): Supply, disappearance, and price, U.S., 1975/76-1998/99
6. Peanuts: Planted acreage, by State and region, 1970-1998
7. Peanuts: Harvested acreage, by State and region, 1970-1998
8. Peanuts: U.S. production, by State and region, 1970-1998
9. Peanuts: Yield per harvested acre, by State and region, 1970-1998
10. Corn oil: Supply, disappearance, and price, U.S., 1976/77-1998/99
11. Corn oil: Supply and disappearance, by month, U.S., 1995/96-1997/98
12. Flaxseed: Acreage planted, harvested, yield, and production, and value, U.S., 1966/67-1998/99
13. Flaxseed: Supply, disappearance, and price, U.S., 1966/67-1998/99
14. Linseed meal: Supply and disappearance, U.S., 1966/67-1998/99
15. Linseed oil: Supply, disappearance, and price, U.S., 1966/67-1998/99
16. Soybeans: Supply, disappearance, and price, U.S., 1966/67-1998/99
17. Soybean meal: Supply, disappearance, and price, U.S., 1966/67-1998/99
18. Soybean oil: Supply, disappearance, and price, U.S., 1965/66-1998/99
19. Soybeans: Supply and disappearance, by month, U.S., 1993/94-1997/98
20. Soybean meal: Supply and disappearance, by month, U.S., 1994/95-1997/98
21. Soybean oil: Supply and disappearance, by month, U.S., 1994/95-1997/98
22. Soybean product prices, by month, U.S., 1994/95-1997/98
23. Soybeans: Monthly value of products per bushel of soybeans processed, and spot price spread,
U.S., 1988/89-1997/98
24. Supply and use: Soybeans, soybean meal, and soybean oil, U.S., major foreign exporters, importers,
and world, 1995/96-1998/99
25. Cottonseed: Acreage planted, harvested, yield, production, and value, U.S., 1965/66-1998/99
26. Cottonseed: Supply, disappearance, and price, U.S., 1975/76-1998/99
27. Cottonseed meal: Supply, disappearance, and price, U.S., 1965/66-1998/99
28. Cottonseed oil: Supply, disappearance, and price, U.S., 1965/66-1998/99
29. Cottonseed: Supply, and disappearance, by month, U.S., 1994-1998
30. Cottonseed meal: Supply, and disappearance, by month, U.S., 1993/94-1997/98
31. Cottonseed oil: Supply, and disappearance, by month, U.S., 1993/94-1997/98
32. Cottonseed: Products and prices, by month, U.S., 1992/93-1997/98
33. Sunflowerseed: Acreage planted, harvested, yield, production, and value, U.S., 1965/66-1998/99
34. Sunflowerseed: Supply, disappearance, and price, U.S., 1977/78-1998/99
35. Sunflowerseed meal: Supply, disappearance, and price, U.S., 1977/78-1998/99
36. Sunflowerseed oil: Supply, disappearance, and price, U.S., 1977/78-1998/99
37. Canola seed: Supply and disappearance, U.S., 1988/89-1998/99
38. Canola oil: Supply and disappearance, U.S., 1988/89-1998/99
39. Canola meal: Supply and disappearance, U.S., 1988/89-1998/99
40. Fats and oils used in edible products, by use, U.S., 1989/90-1997/98
41. Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998
42. Fats and oils: Domestic consumption in food products, U.S., 1975-1997
43. Fats and oils: Use in selected industrial products, U.S., 1975-1997
44. Salad and cooking oils: Supply and disappearance, U.S., 1975-1997
45. Salad and cooking oils: Fats and oils used in manufacture, U.S., 1975-1997
46. Baking and frying fats: Supply and disappearance, U.S., 1975-1997
47. Baking and frying fats: Fats and oils used in manufacture, U.S., 1975-1997
48. Margarine (actual weights): Supply, disappearance, and price, U.S., 1975-1997
49. Margarine: Fats and oils used in manufacture, U.S., 1975-1997
50. Lard: Supply, disappearance, and price, U.S., 1975-1997
51. Butter (actual weight): Supply, disappearance, and price, U.S., 1975-1997
52. Edible tallow: Supply, disappearance, and price, U.S., 1975-1997
53. World oilseed production, 1992/93-1998/99
54. World vegetable and marine oils production, 1992/93-1998/99
55. World protein meal production, 1992/93-1998/99
26
27
.28
29
.30
30
31
.31
.32
.33
.34
.34
.35
.35
36
36
37
37
.38
.39
.40
41
.42
.43
.45
.46
.46
.47
.47
.48
.49
50
51
52
52
53
53
54
54
54
55
57
66
67
67
68
68
69
69
70
70
71
71
72
72
72
Date
On-farm
Oft-farm
Total
------------------------------------------------------------------------------------------------1986/87
December 1
March 1
June 1
September 1
1987/88
December 1
March 1
June 1
September 1
1988/89
December 1
March 1
June 1
September 1
1989/90
December 1
March 1
June 1
September 1
1990/91
December 1
March 1
June 1
September 1
1991/92
December 1
March 1
June 1
September 1
1992/93
December 1
March 1
June 1
September 1
1993/94
December 1
March 1
June 1
September 1
1994/95
December 1
March 1
June 1
September 1
1995/96
December 1
March 1
June 1
September 1
1996/97
December 1
March 1
June 1
September 1
1997/98
December 1
March 1
June 1
September 1
1,061,000
589,000
282,100
107,950
895,637
749,958
554,654
328,497
1,956,637
1,338,958
836,754
436,447
868,300
553,100
304,900
105,050
889,981
594,620
351,382
197,426
1,758,281
1,147,720
656,282
302,476
650,000
415,000
229,200
87,320
716,812
475,246
235,311
94,709
1,366,812
890,246
464,511
182,029
793,400
535,800
255,300
86,000
817,316
519,705
340,614
153,139
1,610,716
1,055,505
595,914
239,139
754,000
555,500
336,500
118,400
929,963
634,619
387,022
210,642
1,683,963
1,190,119
723,522
329,042
810,000
505,000
279,000
105,000
962,732
672,343
416,671
173,437
1,772,732
1,177,343
695,671
278,437
876,100
576,900
319,800
124,970
959,885
638,667
363,613
167,314
1,835,985
1,215,567
683,413
292,284
697,400
425,700
195,000
59,080
876,220
595,917
360,195
150,037
1,573,620
1,021,617
555,260
209,117
985,800
635,300
348,800
105,130
1,116,156
734,898
443,072
229,684
2,101,956
1,370,198
791,872
334,814
861,500
512,000
234,100
59,523
971,929
678,356
388,701
123,935
1,833,429
1,190,356
622,801
183,458
935,100
514,000
216,000
43,600
889,984
541,912
283,890
87,786
1,825,084
1,055,912
499,890
131,386
1,999,417
951,417
1,202,922
565,922
593,654
275,654
199,799
115,499
------------------------_..... ------_....... ---------_.......------------ ..---------------------------------Source: Agricultural Statistics Board, ASB/NASS.
Economic Research ServicelUSDA
1,048,000
637,000
318,000
84,300
27
Table 2-Soybeans: Acreage planted, harvested, yield, production, value, and loan rate, U.S., 1955/56-1998/99
----------------------------------------------------------------------------------------------------------------------------------------------------
Value
Loan
Yield
Production
rate 11
per acre
----------------------------------------------------------------------------------------------------------------------------------------------------$/bu.
Bushels 1,000 bushels
$1,000
----------------1,000 acres----------Year
Planted
Harvested
2.04
830,909
20.1
373,682
18,620
19,674
1955
449,251
980,299
2.15
20,620
21.8
21,700
1956
1,002,641
2.09
23.2
483,425
21,938
20,857
1957
2.09
580,250
1,160,112
25,108
23,993
24.2
1958
532,899
1,046,468
1.85
22,631
23.5
23,349
1959
1,184,910
1.85
23,655
23.5
555,085
1960
24,440
1,543,909
2.30
25.1
678,554
27,787
27,003
1961
1,564,352
2.25
27,608
24.2
669,186
28,418
1962
699,165
1,755,076
2.25
28,615
24.4
1963
29,462
22.8
700,921
1,836,441
2.25
31,721
30,793
1964
2,151,305
2.25
34,449
24.5
845,608
1965
35,227
2.50
25.4
928,481
2,553,612
1966
37,294
36,546
976,439
2,433,519
2.50
40,819
39,805
24.5
1967
2.50
26.7
1,106,958
2,688,571
42,265
41,391
1968
2.25
41,337
27.4
1,133,120
2,664,204
1969
42,534
26.7
1,127,100
3,214,710
2.25
1970
43,082
42,249
3,560,022
2.25
43,476
42,705
27.5
1,176,101
1971
2.25
46,866
45,683
27.8
1,270,608
5,550,074
1972
8,790,042
2.25
56,549
55,667
27.8
1,547,543
1973
51,341
23.7
1,216,287
8,078,943
2.25
1974
52,479
53,617
28.9
1,548,344
7,622,493
N.A.
1975
54,590
1,288,608
2.50
50,269
49,401
8,775,761
26.1
1976
58,978
57,830
30.6
1,767,267
10,383,377
3.50
1977
63,663
29.4
1,868,754
12,449,679
4.50
1978
64,708
1979
71,411
70,343
32.1
2,260,665
14,203,660
4.50
67,813
26.5
1,797,543
13,601,112
5.02
1980
69,930
30.1
1981
67,543
66,163
1,989,110
12,004,638
5.02
69,442
31.5
2,190,297
5.02
1982
70,884
12,483,481
1983
63,779
62,525
26.2
1,635,772
12,978,513
5.02
66,113
28.1
1,860,863
10,864,686
5.02
1984
67,755
1985
63,145
61,599
34.1
2,099,056
10,583,535
5.02
33.3
9,274,487
1986
60,405
58,312
1,942,558
4.77
1987
58,180
57,172
33.9
1,937,722
11,391,000
4.77
1988
58,840
57,373
27.0
1,548,841
11,487,742
4.77
1989
60,820
59,538
32.3
1,923,666
4.53
10,916,145
57,795
1990
56,512
34.1
1,925,947
11,042,010
4.50
1991
58,250
58,011
34.2
1,986,539
11,091,996
4.92
1992
59,180
58,233
37.6
2,190,354
12,167,564
4.92
1993
59,240
57,347
35.8
2,221,340
11,949,633
4.92
1994
60,135
60,859
32.6
1,870,958
13,756,328
4.92
1995
61,678
60,859
41.4
2,516,800
14,616,758
4.92
1996
64,225
63,440
37.6
2,382,364
17,455,175
4.97
1997
70,550
69,584
38.8
2,702,554
17,431,473
5.26
19982/
72,690
71,570
38.7
2,768,919
14,813,717
5.26
---------------------------------------------------------------------------------------------------------------------------------------------------Compiled from reports by NASS and ASCS, USDA.
N.A. = Not applicable.
1/ A marketing loan program replaced the nonrecourse loan of previous years beginning with the 1991 crop.
Effective marketing loan value is $4.92 ($5.02 less 2-percent origination fee) for crop years 1991-1993.
2/ Forecast.
28
<0
I\)
co
<0
<0
......
0CD
co
0
Sl
--
<0
<0
......
C{J
5"
0
S.
Cl.
:::J
PJ
:::J
ao'
e:
CIl
en
-0
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C
CIl
CD
--
<
o'
CD
CIl
0:T
PJ
CD
en
CD
::0
o'
:::J
()
Table 3--Edible fats and oils: Supply and disappearance, U.S., 1985/86-1998/99
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
11
1998
21
51
10,553
144
1,595
---
1,019
863
650
810
591
333
121
33
1,257
452
44
---
22
344
442
108
0
0
93
73
11,627
584
1,625
---
1,076
1,143
573
745
507
381
161
181
57.
10,833
186
1,244
49
268
214
103
0
0
6
0
29
1,187
343
59
1,400
781
853
152
0
98
12,783
587
1,278
1,253
1,070
899
257
0
8
0
1,087
11
141
474
397
2
185
0
15
0
62
308
120
85
22
73
71
62
23
947
54
0
41
1,217
0
119
611
362
1
--
---
132
74
107
41
53
42
18
34
632
66
935
1,066
750
787
342
467
219
261
24
10,930
88
1,184
77
367
409
120
0
0
7
0
55
1,873
703
112
1,436
1,204
916
168
14
93
12,974
831
1,300
1,074
25
165
362
463
33
273
0
196
4
271
109
90
29
40
86
49
36
1,725
112
4
35
904
1,073
850
811
315
375
227
488
44
10,591
126
981
55
356
406
127
4
4
11
8
61
1,661
468
246
1,415
1,243
940
250
54
96
11,737
518
1,201
778
0
183
298
384
2
430
21
138
0
332
111
160
39
60
82
24
51
2,092
157
31
57
866
1,028
765
845
256
344
193
510
110
12,083
174
876
44
414
354
85
2
2
19
6
43
1,353
350
324
1,470
1,039
909
193
130
103
13,004
475
1,193
1,038
13
192
249
370
5
391
31
22
5
152
99
147
42
37
86
38
62
1,715
82
20
36
897
1,149
851
807
256
362
197
577
58
12,164
200
955
51
498
249
110
2
4
25
7
56
780
359
252
1,656
1,154
915
213
18
78
13,408
536
1,202
946
3
211
284
306
10
583
22
17
33
279
127
80
23
29
110
24
42
1,305
38
24
33
906
1,202
1,075
855
223
344
179
801
18
12,245
396
1,197
22
566
281
131
2
7
151
15
73
1,648
471
346
1,821
1,279
987
356
32
69
14,345
911
1,515
838
18
216
220
342
1
815
22
1
9
277
138
137
24
53
53
25
28
1,786
47
41
41
Million pounds
1,082
1,219
995
886
271
254
236
898
47
13,054
188
1,109
15
712
177
129
9
7
52
16
65
1,419
586
296
1,878
1,137
1,011
286
49
87
13,778
730
1,414
1,162
38
253
267
302
0
861
15
10
0
187
196
78
27
44
49
51
28
2,239
100
71
33
1,067
1,228
873
890
359
315
187
1,162
40
12,941
129
1,204
20
716
248
119
4
7
61
76
75
1,529
450
301
1,906
1,119
1,015
212
406
111
13,951
580
1,499
999
26
262
368
304
11
902
16
68
7
251
150
81
26
33
88
50
18
1,555
56
67
41
1,082
1,238
1,006
924
225
295
206
1,165
57
12,916
171
1,268
18
875
329
140
2
13
97
153
93
2,680
978
259
2,217
1,312
1,053
314
299
115
15,613
1,165
1,542
1,100
0
260
218
280
4
938
26
17
1
163
118
106
34
35
73
25
31
1,103
65
137
36
941
1,298
996
922
201
293
192
1,271
17
13,465
168
1,303
11
977
221
94
2
20
108
147
122
992
628
220
2,139
1,229
1,013
321
355
127
15,240
860
1,505
873
0
227
236
262
5
1,086
35
95
2
163
241
82
24
15
55
40
21
1,137
82
54
52
1,111
1,245
1,012
871
298
362
194
1,135
78
14,263
217
1,200
11
988
232
103
2
9
21
293
83
2,037
709
176
2,230
1,216
970
221
341
115
15,752
849
1,390
1,188
0
304
322
392
14
1,075
30
53
22
83
116
94
23
31
22
65
44
2,015
147
78
34
1,195
1,260
985
917
276
322
216
1,290
73
15,159
215
1,275
11
1,100
205
125
2
11
13
311
83
3,175
816
236
2,335
1,230
1,065
176
485
119
18,143
990
1,500
1,367
0
342
251
351
8
1,127
35
57
23
149
129
66
20
46
51
86
27
1,520
93
66
48
1,292
1,300
810
990
282
335
205
1,510
77
15,400
235
1,202
15
1,125
100
110
2
11
15
364
84
2,650
915
210
2,400
850
1,100
213
561
131
18,195
1,150
1,415
1,213
0
397
298
353
5
1,324
33
58
20
376
105
107
45
46
77
41
26
1,387
75
77
37
31 August-July year beginning 1982. 41 Lard, corn oil, and tallow exports are net of imports.
------------------------------------------------------------------------------------------------------------------------------------------------_._--------~---~-_._._~-----~-------------------------------------------------------------------------
stocks October 1
Coconut
Corn
Cottonseed
Lard
Palm
Palm kernel
Peanut 31
Safflower
Soybean
Sunfiower
Canola
Tallow, edible
Imports
Coconut
Cottonseed
Olive oil (net)
Palm
Palm kernel
Peanut
Canola
Safflower
Soybean
Sunfiower
Production
Corn
Cottonseed
Lard
Peanut
Canola
Safflower
Soybean
Sunfiower
Tallow, edible
Exports
Coconut
Corn 41
Cottonseed
Lard 41
Palm kernel
Palm
Peanut
Canola
Safflower
Soybean
Sunfiower
Tallow, edible 41
Domestic
disappearance
Coconut
Corn
Cottonseed
Lard
Palm
Palm kernel
Peanut
Canola
Safflower
Soybean
Sunfiower
Tallow, edible
-------------------------------------------------------.---.----.------------------------------------.---------------------------------------------------------------------------
Item
---------------------._-_.----------------------------------------------------------------------------------------------------------------------------------
__....-------------_.........-----------------------------------------------
Year
Planted
1/
Harvested
2/
Yield
per acre
Production
Value
3/
........------------_..............._--------------_...._-----------------------------------------------------------1,000 acres------1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998 4/
1,473.8
1,495.9
1,512.1
1,517.6
1,528.9
1,532.8
1,530.2
1,519.6
1,531.9
1,544.6
1,540.6
1,540.8
1,545.9
1,521.4
1,514.0
1,311.4
1,411.0
1,558.6
1,490.4
1,564.7
1,567.4
1,657.4
1,665.2
1,846.0
2,039.2
1,686.6
1,733.5
1,641.0
1,537.5
1,401.5
1,431.0
1,503.0
1,403.5
1,438.4
1,455.7
1,469.2
1,454.5
1,486.4
1,495.7
1,472.1
1,500.0
1,517.5
1,512.4
1,509.1
1,519.7
1,399.8
1,488.7
1,277.4
1,373.5
1,528.0
1,467.4
1,535.2
1,547.4
1,628.4
1,644.7
1,815.5
2,015.7
1,669.1
1,689.8
1,618.5
1,517.0
1,380.0
1,410.8
1,475.5
Lbs.
1,765
1,770
1,742
2,031
2,066
2,203
2,323
2,491
1,564
2,464
2,456
2,619
2,611
1,645
2,675
2,693
2,399
2,883
2,810
2,408
2,337
2,445
2,426
1,985
2,444
2,567
2,008
2,624
2,282
2,653
2,507
2,448
Million
pounds
2,477.3
2,546.6
2,535.4
2,983.1
3,005.1
3,274.8
3,473.8
3,667.6
3,846.7
3,739.2
3,715.1
3,952.4
3,968.5
2,302.8
3,981.9
3,440.3
3,295.5
4,405.9
4,122.8
3,697.1
3,616.0
3,980.9
3,990.0
3,603.7
4,926.6
4,284.4
3,392.4
4,247.5
3,461.5
3,661.2
3,537.1
3,611.4
$ million
282.1
303.7
312.4
383.0
408.4
475.4
562.5
658.0
754.5
746.7
780.9
833.9
819.3
578.6
1,069.5
862.7
814.6
1,230.8
1,003.4
1,073.3
1,021.9
1,115.2
1,116.5
1,257.2
1,392.0
1,285.4
1,030.9
1,229.0
1,013.3
1,029.8
923.2
1,021.9
-----_.........._--_ .. _...-....._---------------------------------------_.............._....---....-----------1/ Area planted for all peanuts. 2/ Area harvested peanuts for nuts.
3/ Crop value is peanuts for nuts, both quota and nonquota peanuts.
4/ Forecast.
Table 5--Peanuts (farmers' stock basis): Supply, disappearance, and price, U.S., 1975/76-1998/99
Supply
Year
beginning
August 1
Beginning
stocks
Production
Price
Disappearance
Imports
Total
Crush
Exports
Food Seed,loss,
shrinkage,
and
residual 1/
Total
Average
received
by
farmers
Support
-----------Quota
Add'i
1,146
1,060
608
581
586
628
413
757
864
611
1,424
845
1,003
833
843
701
683
1,055
1,350
1,061
1,198
758
795
848
3,847
3,739
3,715
3,952
3,968
2,303
3,982
3,440
3,296
4,406
4,123
3,697
3,616
3,981
3,990
3,604
4,927
4,284
3,392
4,247
3,461
3,661
3,537
3,611
1
1
1
1
1
1
2
2
2
2
2
2
2
3
4
27
5
2
2
74
153
127
141
152
4,994
4,800
4,324
4,534
4,555
3,332
4,397
4,199
4,162
5,019
5,549
4,544
4,621
4,817
4,837
4,332
5,615
5,341
4,744
5,382
4,812
4,545
4,473
4,612
1,447
1,108
487
527
571
446
573
342
387
625
812
514
560
814
624
689
1,103
891
670
982
999
692
544
675
434
783
1,025
1,141
1,057
503
576
681
744
860
1,043
663
618
688
989
652
997
951
553
878
824
666
681
685
1,740
1,635
1,675
1,759
1,777
1,465
1,696
1,849
1,856
1,911
2,023
2,073
2,071
2,254
2,312
2,020
2,207
2,122
2,088
2,009
1,993
2,029
2,099
2,135
313
666
556
521
522
505
795
463
564
199
826
291
539
217
211
288
254
27
372
315
238
363
300
307
3,934
4,192
3,743
3,948
3,927
2,919
3,640
3,335
3,551
3,595
4,704
3,541
3,788
3,974
4,136
3,649
4,561
3,991
3,683
4,184
4,054
3,751
3,624
3,802
19.6
20.0
21.0
21.1
20.6
25.1
26.9
25.1
24.7
27.9
24.3
29.2
28.0
27.9
28.0
34.7
28.3
30.0
30.4
28.9
29.3
28.1
26.1
28.3
19.70
20.70
21.50
21.00
21.00
22.75
22.75
27.50
27.50
27.50
27.95
30.37
30.41
30.76
30.79
31.57
32.14
33.75
33.75
33.92
33.92
30.50
30.50
30.50
NA
N.A.
N.A.
12.5
15.0
12.5
12.5
10.0
9.3
9.3
7.4
7.5
7.5
7.5
7.5
7.5
7.5
6.6
6.6
6.6
6.6
6.6
6.6
8.8
30
------- ..-------------------------_.-.-----------------.-----------------------------------------------------------------------------------------------------------------------._---.-----._Crop
year
Southeast.......
FL
GA
SC Total
AL
Virginia
Southwest ..Carolina
NM
Total
NC
Total
OK
TX
VA
United
States
195.0
199.0
201.0
204.0
204.0
74.0
74.0
71.0
68.0
66,0
518.0
518.0
520.0
520.0
519.0
16.3
15.3
15,8
15,9
15,9
803,3
806,3
807.8
807.9
804,9
122.0
122.0
122.0
123.0
121,0
307.0
310,0
313.0
311.0
309,0
8.3
8,1
8,0
7.8
7.7
437.3
440,1
443,0
441.8
437.7
103,0
103.0
103.0
103.0
104.0
170.0
170.0
169.0
168,0
168.0
273.0
273.0
272,0
271.0
272.0
1,517.6
1,538.9
1,532,8
1,530.2
1,519,6
1975
1976
1977
1978
1979
208,0
212,0
212,0
211.0
211.0
63.0
63,0
63.0
63.0
64,0
527.0
529.0
530.0
530,0
530,0
16,0
16.0
15.5
15.5
15,0
814.0
820.0
820,5
819,5
820.0
122,0
124,0
123,0
123.0
123.0
307.0
310,0
306.0
307,0
315,0
8.9
9.6
9.6
9,5
9,2
437,9
443,6
438,6
439.5
447.2
104,0
104.0
105.0
104,0
103.0
167.0
168.0
169.0
170.0
168,0
271.0
272.0
274.0
274,0
271.0
1,531.9
1,544.6
1,540.6
1,540.8
1,545.9
1980
1981
1982
1983
1984
209.0
224.0
179.0
182.0
221.0
65,0
69.0
59.0
69.0
85.0
530.0
570.0
475,0
567,0
643.0
15.0
15.0
12.0
13.0
15.0
819.0
878.0
725.0
831.0
964.0
123.0
95.0
88,0
93,0
93.0
290.0
244.0
240.0
230.0
232.0
8.9
10,0
10.4
11.0
14.6
421.9
349.0
338.4
334,0
339,6
104.0
105.0
96.0
96,0
98,0
169,0
175.0
152,0
150.0
157,0
273,0
280.0
248,0
246,0
255,0
1,521.4
1,514,0
1,311.4
1,411,0
1,558.6
1985
1986
1987
1988
1989
201.0
220.0
221.0
237.0
240.0
80.0
94.0
91,0
98,0
95,0
595.0
675.0
635,0
690,0
690.0
12.0
12.0
13,0
13.0
13.0
8880
1,001,0
960.0
1,038.0
1,038.0
87.0
92.0
100.0
99.0
99.0
252,0
225,0
254.0
260,0
265.0
12.4
12,7
12.4
13.4
18,2
351.4
329.7
366.4
372.4
382.2
96,0
89.0
91,0
92,0
92,0
155.0
145.0
150,0
155,0
153,0
251.0
234.0
241,0
247,0
245.0
1,490.4
1,564.7
1,567.4
1,657.4
1,665.2
1990
1991
1992
1993
1994
258.0
278,0
237.0
240.0
223.0
108.0
126.0
85.0
98.0
92,0
782,0
900.0
675,0
702,0
652.0
14.0
14,5
13,5
14.5
13.0
1,162.0
1,318.5
1,010.5
1,054,5
980,0
107,0
110,0
100.0
105.0
102,0
295,0
330.0
308.0
3050
295,0
20.0
22.7
21.1
220
21,0
422,0
462.7
429,1
432,0
418,0
97.0
96.0
94.0
95,0
92,0
165.0
162,0
153.0
152.0
151,0
262,0
258,0
247,0
247.0
243,0
1,846.0
2,039,2
1,686,6
1,733.5
1,641.0
1995
1996
1997
1998
213.0
192.0
194.0
197.0
89,0
90.0
92.0
89.0
595.0
535.0
520.0
535,0
11.5
11,0
11.0
11,0
908.5
828.0
817.0
832.0
100.0
85,0
79.0
80,0
275.0
270.0
320,0
370.0
20.0
16.5
18.0
20.0
395.0
371.5
417.0
4700
90.0
77.0
75.0
76.0
144.0
125,0
122,0
125.0
234.0
202.0
197,0
201,0
1,537.5
1,401.5
1,431,0
1,503,0
.----_ ....
_---------.-.----------------------------_.-._.----------------------_.----------------------_.-.-----------------------------------~------------------------------------_.-------
Crop
year
Southeast-.......
GA
AL
FL
SC Total
Virginia
--Southwest Carolina-
OK
TX
NM
Total
VA
NC
Total
United
States
----------------------_._----------_.----------_.------------------------~-------------------------~~--------_._~---------------------------~------------~-------------~~------------~~----
190,0
194.0
197.0
200.0
201.0
53.0
54.0
54.0
55.0
55,0
507.0
510.0
512.0
512,0
516.0
16.0
15.0
15.5
15.5
15.5
7660
773,0
778,5
782.5
787,5
116.0
119.0
115.0
1180
114,0
306.0
297,0
307,0
309.0
288,0
8.2
8,0
7,9
7,7
7.6
430,2
424.0
429.9
434,7
409.6
102,0
93,0
102.0
103,0
104.0
167.0
155.0
166,0
166,0
166,0
269.0
248,0
268,0
269.0
270.0
1,469.2
1,454.5
1,486.4
1,495.7
1,472.1
1975
1976
1977
1978
1979
202.0
210.0
211.0
209.0
210.0
55,0
55.0
55.0
55.0
55.0
524.0
526,0
526.0
526,0
527.0
15.5
15,5
15.0
15.2
15.0
796.5
806.5
807.0
805.2
807.0
115,0
120.0
120,0
115,0
120.0
304,0
304.0
300.0
301.0
309.0
8.8
9,5
9.4
9.4
9.2
427,8
433,5
4294
425.4
438,2
102.0
103.0
103.0
103.0
101,0
165,0
166,0
166.0
168,0
166,0
267,0
269,0
269,0
271.0
267.0
1,500,0
1,517,5
1,512,4
1,509,1
1,519.7
1980
1981
1982
1983
1984
200.0
222.0
177.0
180.0
219.0
55.0
60.0
51.0
60,0
770
514.0
565.0
472.0
562.0
640,0
13.0
15.0
12,0
12.5
14.5
782,0
862,0
712,0
814.5
950.5
105.0
91.0
86.0
91,0
88.0
2300
242,0
225.0
2150
223.0
8,8
10,0
10.4
11,0
14.5
343,8
343,0
321.4
317.0
325,5
101,0
105,0
95.0
95.0
97,0
166,0
172.0
149.0
147,0
155,0
267.0
277.0
244.0
242.0
252,0
1,399.8
1,488.7
1,277.4
1,373.5
1,528.0
1985
1986
1987
1988
1989
200.0
219.0
220.0
236.0
239.0
72.0
87.0
83,0
90.0
87.0
593.0
665,0
630.0
685,0
685,0
12,0
11,5
13,0
13,0
12.5
877.0
982,5
946.0
1,024.0
1,023,5
83,0
88,0
99,0
97.0
98,0
245,0
220,0
252.0
250.0
262,0
12.4
12.7
12.4
13.4
18.2
340.4
320,7
3634
360,4
378,2
96.0
89.0
90.0
91,0
91,0
154.0
143.0
148,0
153.0
152.0
250,0
232,0
238,0
244.0
243.0
1,467.4
1,535.2
1,547,4
1,628.4
1,644.7
1990
1991
1992
1993
1994
256.0
2770
236.0
239.0
222.0
100.0
118.0
80.0
84,0
84,0
770.0
895.0
673.0
697.0
649.0
13.5
14.0
13.0
14,0
12,5
1,139.5
1,304,0
1,002.0
1,034,0
967,5
106.0
106.0
98,0
102,0
100.0
2890
325.0
305,0
295,0
287,0
20,0
22,7
21,2
21.8
21.0
415,0
453,7
424.2
418,8
408,0
97,0
96.0
93.0
94.0
92.0
164.0
162,0
153.0
143,0
151.0
261.0
258.0
246.0
237,0
243.0
1,815.5
2,015.7
1,672.1
1,689,8
1,618,5
1995
1996
1997
1998
212.0
191.0
193.0
196,0
81.0
82,0
84.0
81.0
592,0
533.0
519,0
533,0
11.0
10.5
10,5
10.5
896.0
816.5
806.5
820,5
98,0
81,0
77.0
75,0
270.0
265.0
3150
360,0
20.0
16,5
17,3
20,0
388,0
362,5
409,3
455.0
89.0
76,0
74,0
75,0
144.0
125,0
121.0
125,0
233,0
201.0
195.0
200.0
1,517.0
1,380.0
1,410.8
1,475,5
----------------------_ ..
_---------------------------------------------------------------~-~------------~-------------------------------------------------------------------------------~-
31
c
en
@..
<
o'
en
<D
:::T
<D
til
(J)
<D
:D
o'
0
0
:J
0
(Xl
<D
<D
......
rr
Q.
0---
(Xl
<D
<D
en,
......
()
6"
So
:J
til
:J
Cl..
o'
e:
en
(J)
"0
()
f\.)
386,560
638,485
591,180
473,220
446,220
1990
1991
1992
1993
1994
193,590
236,160
228,060
178,200
234,000
279,660
202,510
194,880
207,480
216,000
233,160
215,800
228,600
214,890
143,000
178,200
153,000
166,800
246,400
177,650
165,000
170,500
182,050
179,850
109,975
139,860
137,700
150,425
170,500
1,414,880
1,433,770
1,333,830
1,332,500
1,347,500
2,228,550
1,820,465
1,383,545
1,862,630
1,921,320
1,632,575
1,575,000
1,801,550
1,849,500
994,590
1,655,450
1,517,480
1,567,980
2,160,000
1,726,580
1,554,330
1,499,100
1,725,280
1,704,845
1,125,540
1,269,900
1,341,440
1,344,000
1,661,520
30,800
32,550
30,450
19,950
30,105
33,600
32,500
24,500
36,250
34,200
25,530
31,200
32,110
32,500
14,300
39,000
30,000
25,000
39,150
29,450
24,645
31,200
35,720
32,250
29,600
30,000
31,775
30,070
31,000
235,320
243,800
236,180
233,580
261,000
1,998,165
3,180,295
2,646,655
2,076,145
2,552,580
201,880
195,210
184,800
165,000
170,980
180,840
222,750
225,040
210,700
2,761,520
2,386,205
2,287,300
2,623,940
2,634,640
2,122,630
2,152,285
1,964,830
1,922,650
140,175
189,280
174,580
176,540
189,200
232,300
246,000
267,600
207,000
264,000
191,980
218,960
242,650
253,700
217,740
1,416,890
2,475,380
2,222,630
2,214,280
3,094,100
2,458,880
2,245,875
2,278,940
2,494,810
2,501,795
1,580,515
1,841,340
1,879,305
1,924,495
2,337,380
540,000
689,000
822,150
900,000
43,000
37,950
46,710
50,000
50,000
51,075
58,236
56,680
51,660
534,650
682,500
680,150
550,175
605,570
784,880
922,160
1,053,660
1,115,000
819,970
977,375
974,566
840,435
918,230
625,597
594,540
693,510
673,092
739,080
31,992
28,700
29,760
30,552
43,680
422,625
385,000
441,000
417,500
484,700
716,052
731,260
687,480
667,514
822,325
640,196
602,315
743,566
743,867
644,054
455,777
607,430
524,925
564,445
592,685
20,152
21,660
25,380
24,064
25,300
18,286
16,560
20,461
18,942
13,034
22,352
24,900
25,220
25,630
32,190
293,250
393,250
325,125
362,275
371,295
463,600
463,600
394,500
436,450
533,025
429,930
366,795
480,455
471,225
413,280
206,925
219,260
189,440
198,750
309,915
307,200
256,215
176,250
291,180
283,680
275,900
243,000
263,900
246,155
136,350
330,750
275,500
198,550
269,660
284,580
309,000
293,035
311,575
253,510
312,120
219,480
265,710
322,390
295,880
347,040
367,500
329,120
375,000
475,600
461,700
406,980
299,585
485,465
451,990
440,440
392,200
419,985
370,120
291,330
555,560
417,200
318,255
449,500
373,725
440,730
444,050
465,360
378,480
445,890
325,500
370,180
466,460
384,290
Virginia
Carolina
NC
553,965
586,760
518,560
573,750
785,515
768,900
663,195
475,835
776,645
735,670
716,340
635,200
683,885
616,275
427,680
886,310
692,700
516,805
719,160
658,305
749,730
737,085
776,935
631,990
758,010
544,980
635,890
788,850
680,170
Total
3,461,475
3,661,205
3,537,050
3,611,400
3,603,650
4,926,570
4,284,416
3,392,415
4,247,455
4,122,787
3,697,085
3,616,010
3,980,917
3,989,995
2,302,762
3,981,850
3,440,255
3,295,530
4,405,945
3,846,722
3,739,190
3,715,055
3,952,384
3,968,485
2,983,121
3,005,118
3,274,761
3,473,837
3,667,604
United
States
-----------------------------------------------------------------------------... -----------------------------------------------------------------------------------------------------------------
483,360
449,805
372,490
392,000
590,000
494,940
465,300
561,680
537,750
1985
1986
1987
1988
1989
1995
1996
1997
1998
265,000
602,730
522,150
454,500
6,48,550
525,200
501,900
578,140
551,760
584,850
315,400
401,580
368,390
400,000
474,360
1980
1981
1982
1983
1984
1975
1976
1977
1978
1979
1970
1971
1972
1973
1974
------------------------Southwest--------Crop
Southeast-------------------NM
Total
VA
year
FL
Total
OK
TX
AL
GA
SC
------- - - - - - - - - - - - - - - - - 1 , 0 0 0 pounds (in-shell)
----------
(.,)
(.,)
co
co
co
......
C'"
&
C(>
......
co
co
co
()
.-+
c
5"
a.
0
::J
Ql
::J
e:
a
(J)
en
"'0
(3
()
(J)
CD
--c
:::o
CD
::T
(J)
(3
Ql
CD
en
CD
:D
::J
m
()
-----------Southeast------------- -----------SouthwestSC
AL
FL
GA
Total
OK
TX
NM
Total
Virginia
-------Carolina---------NC
Total
VA
United
States
-------------------------------------------
1,325
2,715
2,950
2,525
2,961
1980
1981
1982
1983
1984
2,280
2,355
1,930
2,000
1995
1996
1997
1998
2,390
2,880
2,715
2,200
2,340
2,370
2,531
2,320
2,470
3,000
2,680
2,600
2,540
2,470
2,600
2,970
3,000
2,780
3,200
3,230
3,000
3,100
3,310
3,270
2,075
2,590
2,550
2,735
3,100
2,390
2,690
2,570
2,500
1,750
2,490
2,705
1,985
2,870
3,240
2,455
2,500
2,630
2,700
1,935
2,930
3,215
2,790
3,375
3,295
2,955
2,850
3,280
3,235
2,220
2,490
2,620
2,625
3,220
2,800
3,100
2,900
1,900
2,230
2,400
2,500
1,750
2,900
2,369
2,636
2,436
2,343
1,754
2,439
2,641
2,008
2,638
3,149
2,429
2,418
2,562
2,574
1,812
2,872
3,122
2,719
3,255
1,100
2,600
2,500
2,000
2,700
2,850
2,220
2,400
2,470
2,600
3,087
2,785
2,824
3,098
3,100
2,063
2,382
2,414
2,459
2,968
1,900
1,590
2,080
2,350
2,150
1,850
2,000
2,050
1,940
2,000
2,060
2,410
2,400
2,200
2,220
2,300
2,410
2,290
2,610
2,060
2,055
2,250
2,320
2,150
1,335
2,080
2,030
1,940
2,150
2,020
2,050
2,330
1,800
2,200
1,655
1,840
2,110
2,150
1,910
2,000
2,600
2,610
2,500
1,850
2,100
2,230
1,865
2,110
1,725
1,750
1,750
1,670
1,850
1,275
1,625
1,445
1,685
1,665
1,525
1,525
1,315
1,450
1,725
1,405
1,235
1,565
1,525
1,435
2,150
2,300
2,700
2,500
2,500
2,250
2,747
2,600
2,460
2,580
2,260
2,400
2,280
2,400
2,540
2,490
2,425
2,330
2,220
2,290
2,280
2,700
2,560
2,750
2,230
2,070
2,590
2,460
1,715
2,023
2,544
2,574
2,451
1,976
2,154
2,297
2,007
2,251
1,838
1,854
1,908
1,868
1,954
1,326
1,771
1,633
1,781
1,821
1,674
1,687
1,601
1,569
1,877
1,488
1,421
1,730
1,711
1,572
2,325
2,885
2,560
2,650
3,195
3,200
2,755
1,875
3,165
2,955
3,100
2,700
2,900
2,705
1,350
3,150
2,900
2,090
2,780
2,790
3,000
2,845
3,025
2,510
3,060
2,360
2,605
3,130
2,845
2,410
2,940
2,720
3,000
2,900
2,850
2,660
2,095
3,215
2,935
3,080
2,650
2,745
2,435
1,755
3,230
2,800
2,165
2,900
2,265
2,655
2,675
2,770
2,280
2,670
2,100
2,230
2,810
2,315
2,378
2,919
2,659
2,869
3,010
2,980
2,696
2,008
3,196
2,943
3,088
2,669
2,803
2,536
1,602
3,200
2,839
2,136
2,854
2,466
2,787
2,740
2,867
2,367
2,818
2,198
2,373
2,933
2,519
2,282
2,653
2,507
2,448
1,985
2,444
2,562
2,008
2,624
2,810
2,408
2,337
2,445
2,426
1,645
2,675
2,693
2,399
2,883
2,564
2,464
2,456
2,619
2,611
2,030
2,066
2,203
2,323
2,491
1,510
2,305
2,505
1,980
2,010
1990
1991
1992
1993
1994
2,950
2,260
2,115
2,380
2,250
2,600
2,390
2,740
2,640
2,785
1975
1976
1977
1978
1979
1985
1986
1987
1988
1989
1,660
2,070
1,870
2,000
2,360
1970
1971
1972
1973
1974
----------------------------------------------------------------------------------------------------------------------------------------------Pounds------------------------------------------
Crop
year
Table 9-Peanuts: Yield per harvested acre, by State and region, 1970-1998
-----------------------------
-----------_..._-------------------------.---------------------_.._-------------------------------.------------------------------------------------Supply
Year
beginning
October 1
Disappearance
---------------------.----------------------------
Beginning
stocks
Production
Total
1/
Price
------------------------------------.----------------Domestic
Exports
Total
Ending
stocks
---------------
Average
Chicago
Centsllb.
585
43
29.65
42
668
710
82
667
1976
580
668
73
35.43
43
695
738
88
1977
619
740
70
32.76
73
737
810
121
1978
66
27.38
70
861
654
141
795
1979
791
854
76
25.22
673
1980
66
864
930
181
76
949
692
202
894
55
23.42
873
1981
1,036
723
946
90
23.82
1982
55
223
981
70
90
1,054
1,144
762
311
1,073
28.62
1983
70
1,194
1,265
930
260
1,190
74
29.14
1984
120
74
1,253
1,326
862
344
1,206
18.46
1985
109
21.43
120
1,400
1,520
1,143
268
1,411
1986
109
1,435
1,547
1,066
370
1,436
111
23.27
1987
1,415
1,064
1,428
99
21.01
1,527
364
1988
111
99
1,470
1,569
1,111
1,525
44
24.82
1989
414
138
44
1,656
1,785
1,149
498
1,647
27.50
1990
138
1,821
1,965
1,202
566
1,768
196
25.82
1991
1,878
2,081
1,220
1,932
150
20.90
1992
196
712
150
1,906
2,062
1,228
717
1,944
118
27.17
1993
118
2,227
2,356
1,250
2,115
241
27.17
1994
865
2,096
1,298
116
26.47
2,391
977
2,275
1995
241
1,244
129
25.24
116
2,231
2,361
988
2,232
1996
2,335
2,480
1,260
2,360
120
24.05
1997
129
1,100
120
2,400
2,535
1,285
1,125
2,410
125
3/
1998 2/
------------.----------------------------------------.------------------------------_._ .......-.---------------------------------------_._-----------_.----------------------1/lncludes imports. 2/ Forecast. 3/ Corn oil price is not forecast.
__
_..._._........._.--._------------------_._............_....._-.----------------.-------------------_._--_..-----_.....-._--.--------------------------------------------_.
1,000 pounds
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Total
240,652
225,323
201,309
196,405
166,621
146,403
158,819
193,585
171,909
181,041
206,684
149,873
179,400
173,766
184,493
186,100
165,200
197,900
197,300
180,000
182,400
152,400
165,700
174,300
2,138,959
282
390
1,163
544
820
1,108
856
810
1,116
527
1,214
2,161
10,993
420,334
399,479
386,965
383,049
332,641
345,411
356,975
374,395
355,425
333,968
373,598
326,334
2,390,604
97,199
104,025
130,403
117,925
99,499
124,011
88,938
151,896
99,188
83,961
114,825
86,430
1,298,301
97,812
94,146
60,157
98,503
86,739
62,581
74,451
50,590
75,196
43,323
108,900
124,116
976,515
195,011
198,170
190,560
216,428
186,238
186,592
163,390
202,486
174,384
127,284
223,725
210,546
2,274,816
225,323
201,309
196,405
166,621
146,403
158,819
193,585
171,909
181,041
206,684
149,873
115,788
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Total
115,788
124,509
131,248
154,337
161,021
142,745
124,064
122,036
127,332
148,841
170,461
124,613
190,100
187,900
208,156
172,486
170,854
209,940
188,256
182,495
184,327
174,006
180,614
182,235
2,231,369
2,009
1,678
1,288
1,182
821
671
1,570
536
1,144
1,564
661
399
13,522
307,897
314,087
340,692
328,005
332,696
353,356
313,890
305,067
312,803
324,411
351,736
307,247
2,360,679
134,832
101,275
134,152
91,753
105,647
113,324
108,335
72,442
103,141
85,755
136,253
57,294
1,244,202
48,556
81,564
52,203
75,231
84,304
115,969
83,519
105,293
60,821
68,195
90,870
121,184
987,708
183,388
182,839
186,355
166,984
189,951
229,292
191,854
177,735
163,962
153,950
227,123
178,478
2,231,910
124,509
131,248
154,337
161,021
142,745
124,064
122,036
127,332
148,841
170,461
124,613
128,769
1997/98
October
November
December
January
February
March
April
May
June
July
August
September
Total
128,769
132,490
126,801
119,539
91,622
87,382
95,831
86,923
89,415
96,187
114,027
119,128
199,223
207,530
202,018
171,381
162,659
200,952
203,918
201,155
201,411
192,833
202,842
188,863
2,334,785
563
832
596
650
904
5,383
1,219
761
9,639
1,560
1,147
NA
23,253
328,555
340,852
329,415
291,570
255,185
293,717
300,968
288,839
300,465
290,580
318,016
307,991
2,486,807
89,910
109,587
147,041
97,810
99,339
112,592
96,721
124,527
97,646
77,166
117,797
NA
1,170,136
106,155
104,464
62,835
102,138
68,464
85,293
117,325
74,897
106,631
99,387
81,091
NA
1,008,680
196,065
214,051
209,876
199,948
167,803
197,886
214,045
199,424
204,278
176,553
198,888
307,991
2,486,807
132,490
126,801
119,539
91,622
87,382
95,831
86,923
89,415
96,187
114,027
119,128
NA
1/
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NA = Not available. 1/ Preliminary. 2/ Totals refiect data only through August for imports and exports
Compiled from reports of the Bureau of Census.
34
.----------_._._--------------------------------------.----------------_.._---------------------Year
Planted
Harvested
Yield
per acre Production
Value
2,679
2,061
2,177
2,661
2,950
1,627
1,189
1,749
1,742
1,621
1,045
1,330
710
922
759
605
780
605
555
620
720
470
275
195
260
356
171
206
178
165
96
146
335
Bushels
2,576
1,975
2,092
2,605
2,836
1,545
1,149
1,700
1,659
1,511
955
1,239
687
878
663
577
735
580
538
584
683
463
226
163
253
342
165
191
171
147
92
135
322
9.1
10.1
12.9
13.4
10.4
11.8
12.1
9.7
8.5
10.3
7.9
11.5
12.5
13.7
11.7
12.6
14.0
11.9
13.1
14.2
16.9
16.1
7.1
7.5
15.1
18.1
19.9
18.2
17.1
15.0
17.4
16.1
16.5
1,000
bushels
23,390
20,036
26,983
34,929
29,416
18,198
13,883
16,408
14,083
15,553
7,580
14,280
8,614
12,014
7,728
7,289
10,278
6,903
7,022
8,293
11,538
7,444
1,615
1,215
3,812
6,200
3,288
3,480
2,922
2,211
1,602
2,171
5,315
$1,000
67,620
59,099
75,694
92,564
70,790
43,228
43,092
121,730
130,811
102,132
55,477
68,593
49,435
71,627
55,615
48,615
53,139
46,925
42,739
41,912
39,962
25,188
12,200
8,724
21,108
21,845
13,543
14,848
13,590
11,475
10,197
12,473
27,904
------------------------------------------------------------------------------------
1/ Forecast.
Table 13--Flaxseed: Supply, disappearance, and price, U.S., 1966/67-1998/99
----------------------_.---.-------------.-----------------------------------------_._--------------------------_ .. _--------------------------------------------------------------
Disappearance
Supply
Year
beginning
June 1
----------------------------------------------------------------
Beginning
stocks
Production
Imports
..
----------------------------------------------------~------_
Total
-----_..
Price
_._~~~----~---------------------------~~---~~-~-----
Crush
Exports
Seed
Residual
--------------- -----------------
Total
--------------------------~~-~--~-------------------------------~--~----------------------------------------~--_.~-
1/
2/
17,882
11,905
8,631
11,622
23,040
28,898
23,203
5,485
4,052
3,031
4,890
2,961
5,315
2,584
5,018
2,733
1,950
3,212
1,716
1,649
1,629
3,301
2,325
1,307
244
971
1,556
1,545
1,155
1,170
1,230
453
1,181
23,390
20,035
26,893
34,929
29,416
18,198
13,883
16,408
14,083
15,553
7,580
14,280
8,614
12,014
7,728
7,289
10,278
6,903
7,022
8,293
11,538
7,444
1,615
1,215
3,812
6,200
3,288
3,480
2,922
2,211
1,601
2,171
5,315
Average
received
by farmers
0
3
1
0
1
74
3
399
130
148
2,168
859
1,557
1,916
2,510
3,502
1,921
4,756
3,796
2,927
2,224
2,925
6,730
7,260
6,715
4,371
6,035
5,118
6,005
7,248
8,390
9,636
6,731
41,272
31,943
35,525
46,551
41,457
47,170
37,089
22,292
18,265
18,732
14,638
18,100
15,486
16,514
15,256
13,524
14,149
14,871
12,534
12,869
15,391
13,670
10,670
9,782
10,771
11,542
10,879
10,143
10,082
10,681
11,222
12,260
13,227
20,196
16,511
14,436
14,289
18,155
21,022
19,932
17,203
13,386
11,791
10,677
11,615
13,009
12,425
11,927
11,231
8,722
12,733
9,935
10,313
10,000
10,800
8,500
8,250
8,800
9,050
8,600
8,650
8,550
9,000
10,000
10,500
10,750
6,837
5,438
9,531
6,505
3,220
910
9,881
630
372
953
196
1,001
91
174
76
11
638
52
238
250
1,448
156
764
1,054
549
541
230
126
72
119
144
174
175
1,469
1,559
11,968
2,265
1,292
933
1,398
1,360
1,231
1,054
1,043
557
724
650
547
691
486
438
511
517
362
223
158
211
288
139
167
144
134
91
123
271
284
865
(195)
(1,942)
452
892
1,102
393
(953)
245
44
(239)
(388)
(922)
(1,753)
(27)
(359)
1,091
(68)
201
160
280
167
(59)
23
163
256
337
69
156
202
502
134
268
29,367
23,313
33,993
23,511
23,559
23,967
31,604
18,240
15,234
13,842
11,677
12,785
12,902
11,496
12,523
11,574
10,937
13,155
10,885
11,240
12,090
11,346
9,363
9,538
9,800
9,986
9,334
8,989
8,912
9,399
10,769
11,079
11,302
$/bu.
2.89
2.95
2.81
2.65
2.40
2.38
3.10
7.56
9.67
6.57
7.08
4.54
5.74
5.97
7.20
6.67
5.17
6.84
6.09
5.05
3.47
3.39
7.56
7.20
5.27
3.52
4.12
4.25
4.63
5.25
6.21
5.75
4.90-5.60
1/ Preliminary. 2/ Forecast.
35
Disappearance
Supply
Price
----------_.--
Year
beginning
June 1
Beginning
stocks
Production
Imports
Total
Exports
Domestic
Ending
stocks
Total
Minneapolis
34% protein
----------------------------------------------..--.-----.---------------------------._.--.-.----------------------------------------------------------------------
371
304
263
256
328
386
370
324
254
229
202
218
244
233
225
220
170
249
179
184
185
198
156
153
162
167
159
160
158
167
185
194
199
13
25
13
15
12
(10)
10
9
11
13
7
6
7
8
7
2
2
2
3
3
5
2
3
5
5
5
5
5
5
5
5
5
5
1/
0
0
1
2
2
3
3
0
0
0
0
4
3
2
2
2
2
2
1
3
2
2
11
9
3
0
2
2
5
4
1
1
1
384
329
277
273
342
379
383
333
255
242
209
228
254
243
234
224
174
253
183
190
192
202
170
167
170
172
166
167
168
176
191
200
205
121
101
69
92
83
121
175
117
140
141
89
111
135
161
129
152
79
125
60
75
63
59
63
23
41
40
55
49
58
56
77
73
68
238
215
193
169
269
248
199
205
102
94
114
110
111
75
103
70
93
125
120
110
127
140
102
139
124
127
106
113
105
115
109
122
132
359
316
262
261
352
369
374
322
242
235
203
221
246
236
232
222
172
250
180
185
190
199
165
162
165
167
161
162
163
171
186
195
200
$/ton
25
13
15
12
(10)
10
9
11
13
7
6
7
8
7
2
2
2
3
3
5
2
3
5
5
5
5
5
5
5
5
5
5
5
76.84
74.75
71.93
69.64
62.45
66.56
120.19
155.73
122.30
126.25
163.24
137.91
143.16
155.79
162.80
150.00
143.40
155.25
99.00
102.60
112.00
130.25
178.45
139.30
130.10
127.57
133.60
139.55
91.96
133.60
169.75
131.40
52.0-67.0
------._---.--.--.---------------.-.---------------------------------------------~--_._--------------------------------------------------------------------------------------------
1/ Forecast.
Supply
Year
beginning
June 1
Disappearance
-----------------------------------_.------------------ --------.--------------------------------------------
Beginning
stocks
Production
Total
Exports Domestic
Total
Price
Ending ------------------stocks Minneapolis
---------------------------------._----------------------------------------------------_._.----------------------------------------------------------------------
----------------------------------------------------MiIlion pounds---------------------------------------1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1/
-----------------._..
260
212
205
152
130
187
275
127
71
49
49
88
70
44
54
56
50
35
48
33
39
51
41
48
37
40
40
54
63
45
50
35
42
415
343
301
290
363
428
393
344
263
231
217
232
259
256
251
237
182
265
194
205
201
217
170
165
176
182
172
174
171
180
200
210
215
675
555
506
442
493
615
668
471
334
280
266
320
329
300
305
293
232
300
242
238
240
268
211
213
213
222
212
228
237
228
256
250
262
136
30
108
40
47
66
256
142
143
42
14
25
54
38
51
54
21
51
15
15
6
8
12
12
6
12
8
3
24
23
66
58
62
327
320
246
272
259
274
285
258
142
189
164
225
231
208
198
189
176
201
194
184
183
219
151
164
167
170
150
162
168
155
155
155
155
463
350
354
312
306
340
541
400
285
231
178
250
285
246
249
243
197
252
209
199
189
227
163
176
173
182
158
165
192
178
221
208
217
Cents/lb.
212
205
152
130
187
275
127
71
49
49
88
70
44
54
56
50
35
48
33
39
51
41
48
37
40
40
54
63
45
50
35
42
45
12.80
12.06
12.18
11.85
9.86
8.80
9.69
27.67
45.60
32.20
28.18
25.06
24.21
30.10
30.02
30.50
25.20
30.10
32.00
30.80
26.30
24.70
39.40
40.20
38.00
32.00
31.50
31.80
33.70
36.50
36.00
37.80
36.5-38.5
---------------------------------------------------------~----------------------------------------------------------------------------
1/ Forecast.
36
..._---------------------------------_._-----------_.----------------------------------------------------------------------------------------------------------------------.-----------.-----
~.------_
Year
beginning
September 1
Supply
----------------------------------------------------------Beginning
Production
Total
stocks
1/
Disappearance
Price
-------------------------------_.-------------------------_.--------------
Ending
stocks
Average
Seed, feed
Total
and
received
residual
by farmers
..-.-----_.....--.----------_.------_._----------_._--.---------------------------------------------------------------------------------.-----------------------------------------------------------------------------------------------------------------------------------------Million bushels--------------------------------------------------------------------$/bu.
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997 2/
1998 3/
36
90
166
327
230
99
72
60
171
188
245
103
161
176
358
313
254
345
176
316
536
436
302
182
239
329
278
292
209
335
183
131
200
928
976
1,107
1,133
1,127
1,176
1,271
1,548
1,216
1,549
1,289
1,767
1,869
2,261
1,798
1,989
2,190
1,636
1,861
2,099
1,943
1,938
1,549
1,924
1,926
1,987
2,190
1,871
2,517
2,177
2,382
2,703
2,769
964
1,066
1,273
1,460
1,357
1,275
1,343
1,608
1,387
1,736
1,534
1,870
2,030
2,437
2,156
2,302
2,444
1,981
2,037
2,415
2,479
2,375
1,855
2,109
2,169
2,319
2,471
2,170
2,731
2,516
2,575
2,839
2,975
Crush
Exports
559
576
606
737
760
721
722
821
701
865
790
927
1,018
1,123
1,020
1,030
1,108
983
1,030
1,053
1,179
1,174
1,058
1,146
1,187
1,254
1,279
1,276
1,405
1,370
1,436
1,597
1,600
262
267
287
433
434
417
479
539
421
555
564
700
739
875
724
929
905
743
598
740
757
804
527
622
557
684
770
589
838
851
882
870
830
53
57
53
58
64
65
82
77
77
71
77
82
97
81
99
89
86
79
93
86
107
95
88
102
96
103
130
96
153
112
126
172
150
874
900
946
1,230
1,258
1,203
1,283
1,437
1,199
1,491
1,431
1,709
1,854
2,079
1,843
2,048
2,099
1,805
1,721
1,879
2,043
2,073
1,673
1,870
1,840
2,041
2,179
1,961
2,396
2,333
2,444
2,639
2,580
90
166
327
230
99
72
60
171
188
245
103
161
176
358
313
254
345
176
316
536
436
302
182
239
329
278
292
209
335
183
131
200
395
2.75
2.49
2.43
2.35
2.85
3.03
4.37
5.68
6.64
4.92
6.81
5.88
6.66
6.28
7.57
6.07
5.71
7.83
5.84
5.05
4.78
5.88
7.42
5.69
5.74
5.58
5.56
6.40
5.48
6.72
7.35
6.45
5.00-5.70
132
138
145
157
137
146
192
183
507
358
355
228
243
267
226
163
175
474
255
387
212
240
153
173
318
285
230
204
150
223
212
210
218
13,483
13,660
14,581
17,597
18,035
17,024
16,709
19,674
16,702
20,754
18,488
22,371
24,354
27,105
24,312
24,634
26,714
22,756
24,529
24,951
27,759
28,060
24,943
27,719
28,325
29,831
30,364
30,514
33,269
32,527
34,211
38,171
38,132
13,615
13,798
14,726
17,754
18,172
17,170
16,901
19,857
17,209
21,112
18,843
22,599
24,597
27,372
24,538
24,797
26,889
23,230
24,785
25,338
27,971
28,300
25,113
27,928
28,688
30,183
30,687
30,788
33,483
32,826
34,525
38,436
38,400
10,820
10,753
11,525
13,581
13,467
13,173
12,160
13,792
12,552
15,612
14,056
16,276
17,720
19,214
17,591
17,714
19,306
17,615
19,481
19,090
20,388
21,323
19,496
22,291
22,934
23,008
24,251
25,282
26,543
26,611
27,321
28,868
29,750
2,657
2,900
3,044
4,036
4,559
3,805
4,558
5,558
4,299
5,145
4,559
6,080
6,610
7,932
6,784
6,908
7,109
5,360
4,917
6,036
7,343
6,824
5,444
5,319
5,469
6,945
6,232
5,356
6,717
6,002
6,994
9,350
8,400
13,477
13,653
14,569
17,617
18,026
16,978
16,718
19,350
16,851
20,757
18,615
22,356
24,330
27,146
24,375
24,622
26,415
22,975
24,398
25,126
27,731
28,147
. 24,940
27,610
28,403
29,953
30,483
30,638
33,260
32,613
34,316
38,218
38,150
138
145
157
137
146
192
183
507
358
355
228
243
267
226
163
175
474
255
387
212
240
153
173
318
285
230
204
150
223
212
210
218
250
$/ton
86.36
84.29
82.46
86.61
84.33
98.20
253.42
160.57
141.26
157.68
218.73
179.45
206.18
197.05
235.13
196.62
200.94
203.21
136.40
166.20
177.31
239.35
252.40
186.48
181.40
189.20
193.75
192.86
162.55
236.00
270.90
185.54
130-150
37
_...._-_ _-_
.....
...... _------------------------------------------------_..
Supply
Year
beginning
October 1
---_......_.._--------------------Beginning
stocks
Production
Total
1/
-------------------------------..--.......- .....---------------------
Domestic
Exports
_-_.._-_......
Price
Disappearance
Total
--------
Ending
stocks
Crude,
Decatur
----------------------------------------------------------------------------------------------------------------------------------
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997 2/
1998 3/
297
462
596
540
415
543
773
785
516
794
561
1,251
771
729
776
1,210
1,736
1,103
1,261
721
632
947
1,725
2,092
1,715
1,305
1,786
2,239
1,555
1,103
1,137
2,015
1,520
1,387
5,800
6,076
6,032
6,531
7,904
8,265
7,892
7,501
8,995
7,375
9,630
8,578
10,288
11,323
12,105
11,270
10,979
12,040
10,872
11,468
11,617
12,783
12,974
11,737
13,004
13,408
14,345
13,778
13,951
15,613
15,240
15,752
18,143
18,195
6,097
6,538
6,628
7,071
8,319
8,808
8,665
8,286
9,511
8,169
10,191
9,829
11,059
12,052
12,881
12,480
12,715
13,143
12,133
12,209
12,257
13,745
14,895
13,967
14,741
14,730
16,132
16,028
15,574
16,733
16,472
17,821
19,720
19,640
4,712
4,865
5,125
5,786
6,357
6,292
6,482
6,704
7,281
6,580
7,964
7,511
8,273
8,942
8,981
9,113
9,535
9,857
9,588
9,917
10,053
10,833
10,930
10,591
12,083
12,164
12,245
13,054
12,942
12,916
13,465
14,263
15,080
15,400
923
1,077
963
870
1,419
1,743
1,398
1,066
1,436
1,028
976
1,547
2,057
2,334
2,690
1,631
2,077
2,025
1,824
1,660
1,257
1,187
1,873
1,661
1,353
780
1,648
1,419
1,529
2,680
992
2,037
3,250
2,650
5,635
5,942
6,088
6,656
7,776
8,035
7,880
7,770
8,717
7,608
8,940
9,058
10,330
11,276
11,671
10,744
11,612
11,882
11,412
11,577
11,310
12,020
12,803
12,252
13,436
12,944
13,893
14,473
14,471
15,596
14,457
16,300
18,330
18,050
462
596
540
415
543
773
785
516
794
561
1,251
771
729
776
1,210
1,736
1,103
1,261
721
632
947
1,725
2,092
1,715
1,305
1,786
2,239
1,555
1,103
1,137
2,015
1,520
1,387
1,590
Cents/lb.
11.83
10.13
8.42
8.42
11.18
12.84
11.27
16.46
31.53
30.69
18.30
23.87
24.51
27.15
24.32
22.73
18.95
20.62
30.55
29.51
18.00
15.40
22.67
21.10
22.30
21.00
19.10
21.40
27.10
27.60
24.75
22.50
25.84
25.50-28.50
38
41,971
28,002
108,613
114,889
120,888
126,082
118,519
119,717
98,656
97,801
90,034
63,483
33
731
1,072
575
330
345
495
772
696
609
544
215
6,416
98,441
113,739
114,373
114,145
110,723
103,277
113,307
105,557
102,977
97,200
100,957
100,953
1,275,649
30,066
73,614
72,352
73,879
70,996
67,798
53,603
34,764
27,515
26,739
17,073
40,665
589,064
28,002
108,613
114,889
120,888
126,082
118,519
119,717
98,656
97,801
90,034
63,483
47,944
1994/95
September
October
November
December
January
February
March
April
May
June
July
August
Total
47,944
46,752
114,095
124,254
108,437
114,715
114,320
112,603
94,084
81,156
69,132
55,095
62
1,009
1,034
477
248
469
709
443
331
110
311
277
5,478
105,927
119,303
122,483
128,487
127,326
116,510
128,055
119,434
114,172
105,583
108,379
109,497
1,405,156
42,273
99,888
78,473
104,238
89,337
91,396
83,091
80,724
45,236
35,540
41,247
46,682
838,125
46,752
114,095
124,254
108,437
114,715
114,320
112,603
94,084
81,156
69,132
55,095
52,799
1995/96
September
October
November
December
January
February
March
April
May
June
July
August
Total
52,799
54,166
125,563
129,107
119,970
123,348
121,878
110,633
104,192
92,488
70,444
57,473
41
319
461
633
277
782
554
408
106
130
185
39
3,936
107,424
120,613
123,410
125,100
122,793
111,196
115,492
112,139
106,331
107,459
111,860
105,723
1,369,541
70,728
77,414
85,505
89,634
106,154
82,889
93,505
52,875
42,073
51,786
46,049
52,569
851,183
54,166
125,563
129,107
119,970
123,348
121,878
110,633
104,192
92,488
70,444
57,473
40,454
1996/97
September
October
November
December
January
February
March
April
May
June
July
August
Total
40,454
23,360
101,103
117,363
106,040
112,616
122,224
104,911
89,248
78,164
63,950
43,635
25
319
212
68
229
150
58
125
311
4,019
3,320
68
8,904
100,907
127,007
133,105
138,113
137,285
125,132
130,092
114,848
110,712
108,890
106,097
103,773
1,435,961
41,581
95,732
152,430
121,732
106,046
105,388
66,880
58,218
40,837
32,260
23,218
37,522
881,845
23,360
101,103
117,363
106,040
112,616
122,224
104,911
89,248
78,164
63,950
43,635
28,260
1997/98
37,023
42,585
45
110,810
28,260
September
126,400
142,213
170,282
221
37,023
October
124,297
152,445
427
142,794
126,400
November
110,269
120,494
529
153,060
124,297
December
98,656
91,130
261
151,912
110,269
January
94,754
93,412
138,235
48
98,656
February
72,031
146,960
55,945
722
93,412
March
56,884
36,274
815
133,938
72,031
April
27,704
40,743
123,912
409
56,884
May
42,485
117,459
23,174
522
40,743
June
29,014
44,144
560
123,769
42,485
July
32,844
111,920
26,558
448
44,144
August
870,361
1,596,983
5,006
Total
----------------------------------_.-.-----------------------------------------------------------------------------.------1/ Crush for July-August and September 1991 are WAOB estimates.
39
Disappearance 1/
Supply 1/
Year
beginning
October 1
---------------------------------------------------------------
Beginning
stocks
Production
Imports
--------------------------------------------------
Total
Domestic
use
Exports
Total
Ending
stocks
--------------------------------------------------------------------------------------------------------------------------------------
149.6
240.9
231.6
241.1
197.7
227.1
173.1
382.7
337.6
222.6
252.0
203.8
2,812.5
2,903.5
3,027.8
3,007.5
2,759.0
3,048.5
2,829.8
2,697.9
2,492.1
2,565.4
2,589.8
2,535.8
33,269.4
4.9
5.7
5.4
5.7
4.8
5.2
5.5
6.6
5.3
4.1
4.9
5.7
63.9
2,967.0
3,150.1
3,264.8
3,254.3
2,961.5
3,280.9
3,008.4
3,087.2
2,835.0
2,792.1
2,846.7
2,745.3
33,482.9
2,253.2
2,330.3
2,431.2
2,291.6
2,117.5
2,415.2
1,876.2
2,288.4
2,259.8
2,022.5
2,195.3
2,060.9
26,542.1
472.9
588.2
592.5
765.0
616.9
692.5
749.5
461.1
352.7
517.5
447.6
461.0
6,717.4
2,726.1
2,918.5
3,023.7
3,056.6
2,734.4
3,107.7
2,625.7
2,749.5
2,612.4
2,540.0
2,643.0
2,521.9
33,259.5
240.9
231.6
241.1
197.7
227.1
173.1
382.7
337.6
222.6
252.0
203.8
223.4
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Total
223.4
196.9
241.3
394.8
302.2
229.9
369.3
382.1
306.8
406.2
298.8
218.3
2,893.2
2,948.9
2,972.3
2,945.2
2,652.1
2,757.5
2,683.1
2,534.6
2,566.2
2,656.3
2,513.4
2,404.1
32,527.0
4.8
5.6
7.1
5.2
11.9
9.3
7.7
5.4
5.3
5.0
3.2
4.6
75.2
3,121.4
3,151.5
3,220.6
3,345.2
2,966.3
2,996.7
3,060.0
2,922.2
2,878.4
3,067.5
2,815.4
2,627.0
32,825.6
2,516.2
2,367.9
2,348.6
2,503.2
2,002.1
2,074.8
2,221.7
2,174.9
2,166.5
2,169.3
2,083.3
1,982.3
26,610.9
408.2
542.3
477.2
539.9
734.3
552.6
456.2
440.5
305.7
599.4
513.8
432.3
6,002.3
2,924.5
2,910.2
2,825.8
3,043.0
2,736.4
2,627.4
2,677.9
2,615.3
2,472.2
2,768.7
2,597.2
2,414.6
32,613.2
196.9
241.3
394.8
302.2
229.9
369.3
382.1
306.8
406.2
298.8
218.3
212.4
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Total
212.4
200.2
291.8
254.4
263.0
198.5
322.6
280.1
256.5
317.3
303.2
258.2
2,992.8
3,151.8
3,263.8
3,251.7
2,966.8
3,089.1
2,710.3
2,618.1
2,573.2
2,517.4
2,465.2
2,611.0
34,211.2
6.1
10.5
12.3
13.1
13.7
13.4
7.0
7.5
6.0
4.4
5.2
2.1
101.4
3,211.3
3,362.5
3,567.8
3,519.3
3,243.5
3,300.9
3,039.9
2,905.7
2,835.8
2,839.1
2,773.6
2,871.3
34,525.0
2,585.0
2,394.3
2,531.1
2,348.8
2,153.8
2,131.9
2,106.8
2,259.1
2,084.4
2,227.1
2,193.3
2,305.5
27,321.2
426.1
676.5
782.2
907.4
891.2
846.4
653.1
390.0
434.1
308.9
322.1
356.3
6,994.3
3,011.1
3,070.7
3,313.4
3,256.3
3,045.0
2,978.3
2,759.9
2,649.1
2,518.5
2,535.9
2,515.4
2,661.8
34,315.5
200.2
291.8
254.4
263.0
198.5
322.6
280.1
256.5
317.3
303.2
258.2
209.5
1997/98
October
November
December
January
February
March
April
May
June
July
August
September
Total 2/
209.5
232.1
412.2
262.0
269.3
280.7
238.0
210.4
290.2
193.1
205.3
187.2
3,344.0
3,390.6
3,624.2
3,596.0
3,278.9
3,478.1
3,172.1
2,956.2
2,794.7
2,941.0
2,665.0
2,930.0
38,170.8
6.3
3,559.8
2,843.0
484.7
3,327.7
232.1
6.3
3,629.0
2,268.7
948.1
3,216.8
412.2
5.2
4,041.6
2,611.8
1,167.8
3,779.6
262.0
6.0
3,864.0
2,529.1
1,065.6
3,594.7
269.3
5.4
3,553.6
2,090.3
1,182.6
3,272.9
280.7
4.6
3,763.4
2,281.3
1,244.2
3,525.5
238.0
4.7
2,304.3
3,414.8
900.1
3,204.4
210.4
4.3
3,170.9
2,234.7
646.0
2,880.7
290.2
3.5
3,088.3
2,391.2
504.0
2,895.2
193.1
4.0
3,138.2
2,401.8
531.0
2,932.9
205.3
2.6
2,873.0
2,331.4
354.4
2,685.8
187.2
NA
3,117.3
NA
NA
2,899.2
218.1
53.1
38,433.4
26,287.6
9,028.5
38,215.4
----------------------------------------------------------.._---------------------------------------------------------------------------------------------NA = Not available. 11 Includes millfeed (hull meal).
2/lmports, domestic disappearance, and export totals through August.
40
Disappearance
Supply
Year
beginning
October 1
Production
Imports
Total
Domestic
Exports
Total
stocks
--------------------------------------------------------------------------------------------------------------------------------------------------------------
1,000 pounds
1994/95
October
November
December
January
February
March
April
May
June
July
August
September
Total
1,103,093
1,055,528
1,026,894
1,055,231
1,116,799
1,128,832
1,059,520
1,089,579
1,130,372
1,111,631
1,142,007
1,100,009
1,327,600
1,341,500
1,403,000
1,399,579
1,288,580
1,419,406
1,333,410
1,275,321
1,183,178
1,204,738
1,228,106
1,208,438
15,612,856
344
315
304
1,668
2,178
1,654
1,537
1,122
1,621
2,401
2,261
1,862
17,267
2,431,037
2,397,343
2,430,198
2,456,478
2,407,557
2,549,892
2,394,467
2,366,022
2,315,171
2,318,770
2,372,374
2,310,309
16,733,216
1,220,694
1,067,218
1,069,080
1,122,247
911,112
926,206
1,068,689
1,144,870
1,043,126
1,085,772
1,162,952
1,094,188
12,916,154
154,815
303,231
305,887
217,433
367,613
564,165
236,199
90,780
160,414
90,991
109,413
79,438
2,680,379
1,375,509
1,370,449
1,374,967
1,339,679
1,278,725
1,490,372
1,304,888
1,235,650
1,203,540
1,176,763
1,272,365
1,173,626
15,596,533
1,055,528
1,026,894
1,055,231
1,116,799
1,128,832
1,059,520
1,089,579
1,130,372
1,111,631
1,142,007
1,100,009
1,136,683
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Total
1,136,683
1,195,916
1,132,023
1,408,894
1,512,626
1,521,450
1,653,537
1,747,426
1,758,948
1,888,478
2,156,461
2,091,369
1,354,200
1,359,700
1,381,600
1,361,200
1,235,761
1,291,867
1,259,280
1,196,986
1,220,855
1,262,800
1,172,600
1,143,100
15,239,949
1,756
2,600
6,573
13,329
10,394
10,542
12,942
12,390
10,487
5,782
3,640
4,967
95,399
2,492,639
2,558,216
2,520,196
2,783,423
2,758,781
2,823,859
2,925,759
2,956,802
2,990,290
3,157,060
3,332,701
3,239,436
16,472,031
1,227,411
1,220,784
1,015,381
1,081,733
1,140,320
1,102,355
1,103,074
1,133,933
1,085,707
973,452
1,213,329
1,167,302
13,464,780
69,312
205,409
95,920
189,064
97,011
67,967
75,259
63,921
16,105
27,147
28,002
56,690
991,807
1,296,723
1,426,193
1,111,302
1,270,797
1,237,331
1,170,322
1,178,333
1,197,854
1,101,812
1,000,599
1,241,332
1,223,992
14,456,587
1,195,916
1,132,023
1,408,894
1,512,626
1,521,450
1,653,537
1,747,426
1,758,948
1,888,478
2,156,461
2,091,369
2,015,444
20,082,572
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Total
2,015,444
1,992,913
1,898,390
2,027,133
2,172,344
2,203,178
2,171,307
2,163,799
2,143,221
2,137,920
1,978,127
1,699,860
1,400,565
1,429,747
1,472,700
1,474,499
1,348,445
1,412,609
1,253,703
1,216,085
1,195,727
1,175,920
1,141,300
1,230,800
15,752,100
6,868
1,157
2,383
6,935
2,397
2,241
4,116
7,345
5,816
6,242
3,281
4,335
53,116
3,422,877
3,423,817
3,373,473
3,508,567
3,523,186
3,618,028
3,429,126
3,387,229
3,344,764
3,320,082
3,122,708
2,934,995
17,820,660
1,308,935
1,221,663
1,132,999
1,145,493
1,080,848
1,145,617
1,180,468
1,215,135
1,161,985
1,197,867
1,209,922
1,262,758
14,263,690
121,029
303,764
213,341
190,730
239,160
301,103
84,859
28,873
44,859
144,088
212,927
152,053
2,036,786
1997/98
October
November
December
January
February
March
April
May
June
July
August
September
Total 1/
1,520,183
1,525,633
1,525,532
1,679,572
1,787,922
1,711,233
1,762,552
1,857,634
1,856,950
1,712,617
1,779,079
1,453,153
1,590,600
1,579,893
1,689,303
1,685,498
1,557,638
1,654,605
1,525,686
1,417,804
1,337,101
1,409,330
1,285,468
1,410,095
18,143,021
5,567
5,244
7,139
5,929
4,750
3,867
2,724
3,936
5,520
6,007
3,473
NA
54,156
1,429,964 1,992,913
1,525,427 1,898,390
1,346,340 2,027,133
1,336,223 2,172,344
1,320,008 2,203,178
1,446,721 2,171,307
1,265,327 2,163,799
1,244,008 2,143,221
1,206,844 2,137,920
1,341,955 1,978,127
1,422,848 1,699,860
1,414,812 1,520,183
16,300,477 24,108,375
3,116,350
1,373,535
217,181
1,590,717 1,525,633
3,110,770
1,161,260
423,978
1,585,238 1,525,532
3,221,974
1,342,691
199,712
1,542,402 1,679,572
3,370,999
1,133,639
449,439
1,583,077 1,787,922
3,350,310
1,251,494
387,582
1,639,077 1,711,233
3,369,705
1,338,570
268,583
1,607,153 1,762,552
3,290,962
1,242,236
191,092
1,433,328 1,857,634
3,279,374
1,274,314
148,110
1,422,424 1,856,950
3,199,571
1,282,259
204,695
1,486,954 1,712,617
3,127,954
1,187,088
161,787
1,348,875 1,779,079
3,068,020
1,298,894
315,973
1,614,867 1,453,153
2,863,248
NA
NA
1,475,982 1,387,266
19,717,360
13,885,979 2,968,133 18,330,094
------------------------------------------------------..... --------------------------_....--------_...._-------_ .._--------_ .._---------------------------------------------NA = Not available. 11 Imports, exports, and domestic disappearance totals through August.
Economic Research Service/USDA
41
$/bu.
$/ton
Centsllb.
1994/95
October
November
December
January
February
March
April
May
June
July
August
September
Simple average
5.30
5.36
5.41
5.47
5.40
5.51
5.55
5.56
5.68
5.90
5.83
5.98
5.58
168.50
161.30
156.90
156.40
151.30
156.90
161.90
159.10
160.40
170.45
166.70
180.80
162.55
26.60
29.41
30.37
29.00
27.97
28.17
26.16
25.75
26.66
27.51
26.28
26.21
27.51
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Simple average
6.16
6.40
6.76
6.78
7.00
7.00
7.43
7.69
7.41
7.62
7.82
7.79
7.16
193.90
204.10
223.60
232.00
228.30
226.60
249.30
244.30
238.80
252.50
261.20
276.40
235.92
26.57
25.42
24.76
23.52
23.49
23.48
25.70
26.50
24.95
24.09
23.98
23.92
24.70
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Simple average
6.94
6.90
6.91
7.13
7.38
7.97
8.23
8.40
8.16
7.52
7.25
6.72
7.46
248.50
251.50
250.60
249.20
262.40
280.50
288.60
306.40
287.90
273.56
273.30
278.30
270.90
21.95
21.81
21.60
22.45
22.41
23.29
23.17
23.68
22.97
21.89
22.06
22.88
22.51
1997/98
October
6.50
229.30
24.31
November
6.85
245.30
25.73
December
6.71
222.50
25.08
January
6.69
202.80
25.10
February
6.57
192.75
26.51
March
6.40
174.20
27.09
April
6.26
162.50
28.10
May
6.26
160.00
28.27
June
6.15
168.60
25.83
July
6.13
183.40
24.88
August
5.43
146.25
23.99
September
5.15
135.85
25.14
Simple average
6.26
185.29
25.84
----..----------------------------------------------------------------------------42
Table 23--Soybeans: Monthly value of products per bushel of soybeans processed, and spot price spread, U.S., 1988/89-1997/98
---------..---------..._-------------
Total
--_ ....----_.._--_.....--_.... .....--_..... ---_.----_....----_......---..._--------------------_ ..... value
Value
Price 2/
Yield
Value
Yield Price 11
Soybean meal
Soybean oil
_-_
..----------------------
Percent of value
Soybean
oil
Soybean
meal
Spread
No.1
yellow between value
Illinois of products and
processor soybean price
--------------%---------------
0.72
0.65
0.64
0.67
0.67
0.61
0.56
0.66
0.72
0.62
7.53
5.96
5.90
5.84
5.95
6.59
5.73
7.39
7.80
6.64
0.97
1.01
0.77
0.89
0.90
0.96
1.18
0.82
1.08
0.92
0.28
0.30
0.32
0.31
0.33
0.35
0.38
0.38
0.38
0.39
0.39
0.39
0.35
0.72
0.70
0.68
0.69
0.67
0.65
0.62
0.62
0.62
0.61
0.61
0.61
0.65
6.00
5.64
5.70
5.82
5.72
5.85
6.00
6.00
6.20
6.09
6.19
6.26
5.96
1.71
1.41
1.13
0.87
0.78
0.58
0.70
0.85
1.09
1.03
0.97
0.99
1.01
7.27
6.91
6.45
6.55
6.39
6.58
6.71
6.76
6.61
6.57
6.45
6.77
6.67
0.38
0.37
0.36
0.36
0.38
0.37
0.37
0.36
0.35
0.34
0.33
0.34
0.36
0.62
0.63
0.64
0.64
0.62
0.63
0.63
0.64
0.65
0.66
0.67
0.66
0.64
6.28
6.14
5.87
5.91
5.76
5.85
5.92
6.01
5.89
5.83
5.54
5.78
5.90
0.99
0.77
0.58
0.64
0.63
0.73
0.79
0.75
0.72
0.74
0.91
0.99
0.77
4.84
4.66
4.52
4.35
4.38
4.41
4.41
4.45
4.64
4.84
4.43
4.41
4.53
7.16
6.88
6.65
6.50
6.51
6.56
6.67
6.63
6.96
7.23
6.59
6.47
6.73
0.32
0.32
0.32
0.33
0.33
0.33
0.34
0.33
0.33
0.33
0.33
0.32
0.33
0.68
0.68
0.68
0.67
0.67
0.67
0.66
0.67
0.67
0.67
0.67
0.68
0.67
5.98
5.68
5.71
5.68
5.77
5.81
5.93
5.85
6.09
6.19
5.80
5.64
5.84
1.18
1.20
0.94
0.82
0.74
0.75
0.74
0.78
0.87
1.04
0.79
0.83
0.89
4.43
4.28
4.34
4.46
4.49
4.28
4.37
4.46
4.60
4.59
5.45
5.20
4.58
6.52
6.28
6.47
6.65
6.76
6.52
6.64
6.76
6.89
6.90
8.09
7.76
6.85
0.32
0.32
0.33
0.33
0.34
0.34
0.34
0.34
0.33
0.33
0.33
0.33
0.33
0.68
0.68
0.67
0.67
0.66
0.66
0.66
0.66
0.67
0.67
0.67
0.67
0.67
5.54
5.35
5.60
5.72
5.82
5.75
5.87
5.97
6.07
6.06
6.89
6.79
5.95
0.98
0.93
0.87
0.93
0.94
0.77
0.77
0.79
0.82
0.84
1.20
0.97
0.90
Lbs.
Cents
Lbs.
11.16
11.17
11.23
11.42
10.84
10.87
11.08
11.15
10.91
11.25
21.66
21.80
21.31
19.31
21.01
26.78
27.70
24.89
22.60
25.65
2.42
2.44
2.39
2.20
2.28
2.91
3.07
2.78
2.47
2.89
47.43
47.63
47.47
47.51
47.54
47.62
47.33
47.69
47.36
47.40
256.50
190.22
180.19
190.65
192.68
194.98
162.03
227.95
270.74
197.40
6.08
4.53
4.28
4.53
4.58
4.64
3.83
5.44
6.41
4.68
8.50
6.97
6.67
6.73
6.86
7.55
6.90
8.21
8.88
7.56
0.28
0.35
0.36
0.33
0.33
0.39
0.44
0.34
0.28
0.38
11.37
11.16
11.01
11.02
11.07
11.13
11.11
11.21
11.24
11.26
11.26
11.25
11.17
18.77
19.02
19.62
19.12
19.28
20.28
22.78
23.35
24.72
24.88
24.71
25.05
21.80
2.13
2.12
2.16
2.11
2.13
2.26
2.53
2.62
2.78
2.80
2.78
2.82
2.44
47.45
47.40
47.90
47.83
47.54
48.32
47.32
47.59
47.63
47.47
47.65
47.51
47.63
234.90
208.10
194.90
191.60
183.80
172.90
176.40
178.00
189.40
182.00
183.92
186.75
190.22
5.57
4.93
4.67
4.58
4.37
4.18
4.17
4.24
4.51
4.32
4.38
4.44
4.53
7.71
7.05
6.83
6.69
6.50
6.43
6.70
6.85
7.29
7.12
7.16
7.25
6.97
11.28
11.20
11.02
11.08
11.18
11.18
11.18
11.32
11.32
11.32
11.32
11.32
11.23
24.45
22.59
21.05
21.55
21.56
21.66
22.21
21.50
20.23
19.65
19.05
20.23
21.31
2.76
2.53
2.32
2.39
2.41
2.42
2.48
2.43
2.29
2.22
2.16
2.29
2.39
47.52
47.30
47.42
47.35
47.64
47.64
47.64
47.42
47.42
47.42
47.45
47.45
47.47
190.00
185.40
174.25
175.90
167.00
174.50
177.60
182.50
182.10
183.25
181.00
188.75
180.19
4.51
4.38
4.13
4.16
3.98
4.16
4.23
4.33
4.32
4.34
4.29
4.48
4.28
11.32
11.32
11.32
11.32
11.34
11.38
11.46
11.49
11.50
11.52
11.50
11.52
11.42
20.46
19.57
18.78
18.99
18.77
18.88
19.74
19.00
20.15
20.71
18.82
17.87
19.31
2.32
2.22
2.13
2.15
2.13
2.15
2.26
2.18
2.32
2.39
2.16
2.06
2.21
47.41
47.52
47.52
47.52
47.58
47.52
47.49
47.49
47.51
47.47
47.60
47.47
47.51
204.25
196.30
190.25
183.10
184.00
185.40
185.90
187.20
195.25
203.90
186.25
186.00
190.65
11.44
10.87
10.61
10.66
10.67
10.79
10.78
10.83
10.82
10.84
10.92
10.91
10.85
18.28
18.36
20.10
20.52
21.23
20.72
21.00
21.24
21.15
21.30
24.13
23.47
20.96
2.09
2.00
2.13
2.19
2.27
2.24
2.26
2.30
2.29
2.31
2.63
2.56
2.27
47.36
47.39
47.69
47.56
47.61
47.58
47.64
47.55
47.63
47.51
47.44
47.46
47.54
187.00
180.60
181.90
187.60
188.75
179.90
183.60
187.40
193.25
193.10
229.90
219.10
192.68
--------------------------------------------------_..-..-------------------------------------------------------------------------------------------------------------------------------------Continued--
43
Table 23-.Soybeans: Monthly value of products per bushel of soybeans processed, and spot price spread, U.S., 1988/89-1997/98
. - - - - - - - -.._----------------_..._--------......----------------------------------------Price
Value of products per bushel
Spread
Percent of value
No.1
Date
- --------------------------------------Total
Soybean meal
value - - - - - - - - - - - - - yellow between value
Soybean oil
Soybean Soybean lJIinois of products and
- - - - - - - - - - - -..----------------------------------...---processor soybean price
meal
Price 2/ Value
oil
Yield Price 1/ Value
Yield
- - - - - - - - - - - - -.....--_...._---_..-------- ...... _----------- .. _--------------------------------------------------------------------------------------$
Lbs.
$
$ ------------%-------------$
Lbs. Cents
$
$
1993/94
6.43
0.95
47.98
199.90
4.80
7.38
0.35
0.65
September
10.95
23.61
2.58
4.63
0.35
0.65
6.06
1.08
2.51
47.60
194.50
7.14
October
10.91
22.98
0.35
0.65
6.64
1.05
10.74
25.37
47.47
209.40
4.97
7.69
November
2.72
0.38
0.62
6.94
0.92
10.67
28.09
3.00
47.25
206.00
4.87
7.86
December
0.93
7.94
0.41
0.59
7.01
198.30 4.71
January
10.77
29.91
3.22
47.55
0.60
6.86
0.99
28.84
3.13
47.60
198.40 4.72
7.85
0.40
February
10.86
0.40
0.60
6.92
0.88
47.59
195.40
4.65
7.80
March
10.87
29.03
3.15
6.70
0.85
47.56
188.90 4.49
7.55
0.40
0.60
April
10.94
27.94
3.06
0.41
0.59
6.89
0.89
47.51
193.75
4.60
7.78
May
10.90
29.10
3.17
0.61
6.85
0.88
0.39
27.60
3.04
47.96
195.50 4.69
7.73
June
11.01
6.03
0.94
6.97
0.38
0.62
10.88
24.53
2.67
47.51
181.10 4.30
July
0.61
5.76
1.18
47.68
178.60 4.26
6.94
0.39
August
10.93
24.51
2.68
0.61
6.59
0.96
0.38
10.87
26.79
47.62
194.98
4.64
7.55
Average
2.91
1994/95
5.57
1.46
0.41
0.59
47.53
174.50 4.15
7.03
September
11.03
26.11
2.88
0.43
0.57
5.31
1.67
27.06
3.01
47.15
168.50 3.97
6.98
October
11.13
7.09
0.46
0.54
5.66
1.43
November
10.95
29.84
3.27
47.41
161.30 3.82
156.90
3.70
7.04
0.47
0.53
5.67
1.37
December
10.92
30.61
3.34
47.13
5.58
1.31
47.24
156.40 3.69
6.89
0.46
0.54
January
10.99
29.04
3.19
0.46
0.54
5.60
1.10
February
11.06
28.15
3.11
47.36
151.30
3.58
6.70
0.46
0.54
5.74
1.14
28.33
3.14
47.61
156.90 3.74
6.88
March
11.08
6.77
0.43
0.57
5.78
0.99
11.16
26.30
2.94
47.39
161.90
3.84
April
5.80
0.86
47.26
159.10 3.76
6.66
0.44
0.56
May
11.17
26.00
2.90
0.44
0.56
5.77
1.02
11.21
26.78
3.00
47.21
160.40 3.79
6.79
June
0.57
6.23
0.87
July
27.60
3.07
47.34
170.45 4.03
7.10
0.43
11.12
0.57
6.02
0.90
August
11.22
26.56
2.98
47.30
166.70
3.94
6.92
0.43
6.90
0.44
0.56
5.73
1.18
Average
11.08
27.70
3.07
47.33
162.03 3.83
1995/96
0.41
0.59
6.32
0.88
180.80 4.27
7.20
September
11.25
26.11
2.94
47.21
0.61
6.56
1.07
26.57
47.98
193.90 4.65
7.63
0.39
October
11.23
2.98
0.82
11.02
47.79
204.10
4.88
7.68
0.36
0.64
6.86
November
25.42
2.80
8.05
0.34
0.66
7.17
0.88
December
11.04
24.76
2.73
47.52
223.60 5.31
7.37
January
11.09
23.52
2.61
47.97
232.00
5.56
8.17
0.32
0.68
0.80
47.70
228.30 5.45
8.06
0.32
0.68
7.30
0.76
February
11.11
23.49
2.61
5.41
8.05
0.33
0.67
7.26
0.79
47.75
226.60
March
11.19
23.60
2.64
April
11.23
25.70
2.89
47.85
249.30
5.96
8.85
0.33
0.67
7.91
0.94
0.34
0.66
8.08
May
11.26
26.50
2.98
47.67
244.30
5.82
8.81
0.73
11.36
24.95
47.76
238.80
5.70
8.54
0.33
0.67
7.78
0.76
June
2.83
0.31
0.69
7.95
0.77
47.49
252.50
6.00
8.72
July
11.29
24.10
2.72
August
11.09
47.55
261.20 6.21
8.87
0.30
0.70
8.16
0.71
23.99
2.66
Average
11.15
24.89
2.78
47.69
227.95
5.44
8.21
0.34
0.66
7.39
0.82
1996/97
2.71
47.65
276.40
6.59
9.29
0.29
0.71
8.20
1.09
September
11.33
23.92
0.71
7.11
21.95
47.13
248.50 5.86
8.28
0.29
1.17
October
11.03
2.42
November
10.74
47.36
5.96
21.80
2.34
251.50
8.30
0.28
0.72
7.04
1.26
December
10.66
21.60
47.29
250.60 5.93
8.23
0.28
0.72
7.08
1.15
2.30
January
10.74
22.45
2.41
47.37
249.20
5.90
8.31
0.29
0.71
7.37
0.94
47.42
262.40 6.22
8.64
0.28
0.72
February
10.78
7.69
0.95
22.41
2.41
10.86
23.29
47.49
280.50
6.66
9.19
March
2.53
0.28
0.72
8.33
0.86
April
10.92
47.20
288.60 6.81
9.34
0.73
23.17
2.53
0.27
8.54
0.80
May
10.98
23.68
2.60
47.30
7.25
9.85
0.26
0.74
8.78
1.07
306.40
10.98
22.97
47.26
287.90 6.80
0.27
2.52
9.33
0.73
8.37
0.96
June
July
11.08
21.89
2.43
47.45
273.60
6.49
8.92
0.27
0.73
7.69
1.23
August
11.00
22.06
2.43
47.51
273.30 6.49
8.92
0.27
0.73
7.41
1.51
Average
10.91
22.60
2.47
47.36
270.74 6.41
8.88
0.28
0.72
7.80
1.08
-----
1997/98
September
October
November
December
January
February
March
April
May
June
JUly
August
Average
11.11
11.18
11.06
11.04
11.10
11.27
11.26
11.39
11.44
11.38
11.39
11.48
11.25
22.88
24.31
25.73
25.08
25.09
26.51
27.09
28.10
28.28
25.83
24.88
24.00
25.65
2.54
2.72
2.85
2.77
2.78
2.99
3.05
3.20
3.24
2.94
2.83
2.76
2.89
-_
47.13
47.03
47.49
47.36
47.34
47.44
47.33
47.37
47.71
47.59
47.52
47.62
47.40
278.30
229.30
245.30
225.50
202.85
192.75
174.20
162.50
160.00
168.60
183.40
146.15
197.40
__
6.56
5.39
5.82
5.34
4.80
4.57
4.12
3.85
3.82
4.01
4.36
3.48
4.68
9.10
8.11
8.67
8.11
7.59
7.56
7.17
7.05
7.05
6.95
7.19
6.24
7.56
0.28
0.34
0.33
0.34
0.37
0.40
0.43
0.45
0.46
0.42
0.39
0.44
0.38
0.72
0.66
0.67
0.66
0.63
0.60
0.57
0.55
0.54
0.58
0.61
0.56
0.62
7.03
6.84
7.27
6.99
6.79
6.80
6.62
6.49
6.49
6.40
6.42
5.56
6.64
2.07
1.27
1.40
1.12
0.80
0.76
0.55
0.56
0.56
0.55
0.77
0.68
0.92
--------.._---_..._-----_......._-........ .......------....
....._--_.._-..-------------..--------------..------------------1/ Crude, tanks, f.o.b. Decatur. 2/48 percent (solvent), Decatur.
Table 24--Supply and use: Soybeans, soybean meal, and soybean oil, U.S., major foreign exporters, importers, and world, 1995/96-1998/99 1/
....................... ..-_....._....
....--.......... -_ ....
..---_.......
....--_........--.... _.. ----.......-----_..---_ .......----_ .._---_ .. -----_ .. -----_..-----_ ....--- .... -------_ .. ---- .......----.._.... ----.........-----_..----...... -----...... ----- ......
World less United States
World less United States
......_--_......... .....---_..-------------_ ... ---_.....
...-----...-------------- .. --------------------United Major
Major
Total
World
Major
Total
World
United Major
4/
States exporters importers
States exporters importers
4/
3/
2/
2/
3/
_.... ..-_...... ....._--........_..---.........--_....
.........-_...........--_......---_....----_.....----_ ..... -----_.. ------_... -.. ---_.... -----_....------------_.._-------------------_ .. ------------_..------_ .... _------------_ ..---Million metric tons
_--_
_-----
_----
_--_
_--_
1995/96:
Soybeans-Supply-Beg. stocks
Production
Imports
Use-Crush
Total
Exports
Ending stocks
Soybean meal-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
Soybean oil-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
1996/97:
Soybeans-Supply-Beg. stocks
Production
Imports
Use-Crush
Total
Exports
Ending stocks
Soybean meal-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
_--_
9.11
59.24
0.12
11.87
38.98
1.06
1.59
14.56
19.81
14.59
65.71
32.15
23.70
124.96
32.27
37.27
40.32
23.17
4.99
32.61
34.75
7.14
10.02
24.82
34.05
0.49
1.76
74.75
91.09
8.78
12.51
112.02
131.41
31.95
17.51
0.20
29.51
0.07
1.50
28.62
0.10
1.19
17.54
19.61
4.20
59.51
32.80
4.40
89.02
32.87
24.14
5.45
0.19
6.08
22.76
1.39
32.88
4.24
1.43
64.04
28.33
4.12
88.19
33.77
4.31
0.52
6.91
0.04
0.76
8.28
0.64
0.44
1.87
1.63
1.71
13.25
5.11
2.22
20.17
5.15
6.11
0.45
0.91
4.58
4.27
0.85
3.51
0.07
0.37
13.53
4.83
1.72
19.64
5.28
2.64
4.99
64.84
0.24
10.02
40.77
1.20
1.76
16.40
27.43
12.51
66.89
36.17
17.51
131.73
36.42
39.08
42.50
24.00
3.58
31.49
33.86
11.32
6.80
31.32
43.24
0.56
1.80
76.43
93.33
12.96
9.29
115.51
135.83
36.96
12.86
0.19
31.04
0.09
1.39
27.65
0.20
1.43
19.64
23.32
4.12
60.78
34.26
4.31
91.81
34.35
24.78
6.34
0.19
6.36
21.79
1.08
38.64
4.54
1.22
67.95
27.61
3.59
92.73
33.96
3.78
1997/98: 5/
Soybeans-Supply-Beg. stocks
Production
Imports
Use-Crush
Total
Exports
Ending stocks
Soybean meal-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
Soybean oil-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
1998/99: 6/
Soybeans-Supply-Beg. stocks
Production
Imports
Use-Crush
Total
Exports
Ending stocks
Soybean meal-Supply-Beg. stocks
Production
Imports
Use-Domestic
Exports
Ending stocks
3.58
73.55
0.12
6.80
52.40
2.70
1.80
18.35
28.73
9.29
82.54
39.04
12.86
156.09
39.16
43.46
47.94
23.87
5.44
33.50
36.45
14.00
11.45
34.22
46.56
0.70
1.62
82.69
100.99
16.15
13.73
126.15
148.93
40.02
19.16
0.19
34.54
0.05
1.08
30.12
0.10
1.22
21.50
24.66
3.59
65.56
36.26
3.78
100.10
36.31
26.00
8.53
0.25
7.24
22.70
1.37
41.92
4.39
1.08
73.44
28.46
3.52
99.44
36.98
3.77
0.69
8.21
0.03
0.85
8.77
0.69
0.34
2.54
2.22
1.74
14.63
6.83
2.43
22.84
6.86
6.90
1.44
0.59
4.61
4.86
0.85
4.69
0.04
0.38
16.07
5.40
1.73
22.96
6.84
2.33
5.44
75.36
0.16
11.45
48.40
1.40
1.62
17.55
29.28
13.73
78.27
38.50
19.16
153.63
38.67
43.54
47.62
22.59
10.75
34.70
37.65
13.50
10.10
34.23
46.07
0.72
1.65
84.86
102.54
15.54
12.42
128.40
150.16
38.13
23.17
0.25
34.40
0.05
1.37
31.32
0.10
1.08
21.41
25.62
3.52
67.25
37.88
3.77
101.66
37.92
26.85
7.62
0.23
7.05
24.35
1.38
42.56
4.43
1.12
74.79
30.37
3.49
101.64
37.99
3.72
_-
45
_-_
14,152
10,349
9,448
10,912
11,882
11,945
12,355
14,001
12,480
13,679
9,478
11,636
13,680
13,375
13,978
14,534
14,330
11,345
7,926
11,145
10,685
10,045
10,397
12,515
10,587
12,348
14,052
13,240
13,438
13,720
16,931
14,634
13,808
12,866
1/
13,615
9,552
7,997
10,160
11,058
11,155
11,471
12,984
11,970
12,547
8,796
10,914
13,275
12,400
12,831
13,215
13,841
9,734
7,348
10,379
10,229
8,468
10,030
11,948
9,538
11,732
12,960
11,123
12,783
13,322
16,007
12,868
13,270
10,355
894
829
803
913
736
729
739
831
838
719
732
755
832
689
901
677
924
974
837
992
1,032
898
1,150
1,015
980
1,018
1,068
1,120
992
1,142
856
1,110
1,046
962
1,000 tons
$1,000
284,412
6,086
261,008
3,960
177,406
3,210
4,638
234,492
4,068
167,204
229,607
4,066
4,240
240,930
5,393
267,136
5,016
501,911
4,510
611,217
312,264
3,218
425,411
4,122
5,521
388,035
4,269
485,609
5,778
697,617
4,471
574,511
6,397
549,041
4,744
366,240
511,450
3,076
511,953
5,149
348,342
5,279
3,801
303,965
474,703
5,769
718,255
6,062
4,677
492,683
5,969
722,313
6,926
492,261
6,230
608,438
6,343
714,389
7,604
771,315
6,849
731,005
7,144
914,564
6,935
839,135
4,984
NA
.. _------------ .. ------------_.... _------
1/ Forecast.
.. ..
Supply
Year
beginning
August 1
Beginning
stocks
Production
Total
1/
Disappearance
Exports
other
..- .. __ .. - .........._....
Total
Price
Ending
stocks
--_....._-----_......__ .... _..__....-----..__......_- .._- ...._-----...._-- .........._-............ _--....------_....- .._-_......_..__............-..-.._.................._-----_.._.._-----_...........__ .. _.........._.._-----------_........----------------------------------------------------- --------1 ,000 tons------------------------------------------------------------1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
2/
554
203
283
817
520
1,058
398
781
371
116
406
347
189
359
665
366
651
460
365
432
551
517
523
563
3,218
4,122
5,521
4,269
5,778
4,471
6,397
4,744
3,076
5,149
5,279
3,801
5,769
6,062
4,677
5,969
6,926
6,230
6,343
7,604
6,849
7,144
6,935
4,984
3,772
4,325
5,804
5,086
6,298
5,529
6,795
5,525
3,447
5,265
5,685
4,148
5,958
6,421
5,343
6,338
7,579
6,690
6,708
8,036
7,399
7,681
7,522
5,685
2,952
3,499
4,313
4,127
4,230
4,076
4,575
3,800
2,583
3,514
3,417
2,520
3,396
3,730
2,974
3,369
3,981
3,629
3,470
3,947
3,882
3,860
3,885
2,650
61
26
41
16
94
133
45
12
50
60
9
17
50
39
46
53
161
192
157
232
114
116
146
25
556
517
633
423
916
922
1,394
1,342
698
1,285
1,912
1,422
2,153
1,987
1,956
2,265
2,977
2,504
2,649
3,306
2,888
3,182
2,929
2,835
3,568
4,042
4,987
4,566
5,240
5,131
6,014
5,154
3,331
4,859
5,338
3,959
5,599
5,756
4,976
5,687
7,119
6,325
6,276
7,485
6,884
7,158
6,960
5,510
203
283
817
520
1,058
398
781
371
116
406
347
189
359
665
366
651
460
365
432
551
517
523
563
175
$/ton
97.00
103.00
70.30
114.00
121.00
129.00
86.00
77.00
166.00
100.00
66.00
80.00
83.00
118.00
105.00
121.00
71.00
98.00
113.00
101.00
106.00
126.00
121.00
130-150
46
_---_
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
_---_
78
64
105
108
65
39
82
33
55
67
61
20
59
69
52
53
108
154
93
100
68
69
32
44
81
48
94
43
29
53
47
51
26
71
1/
2/
2,604
1,744
1,424
2,029
1,786
1,762
1,843
2,267
2,172
1,851
1,238
1,643
2,083
1,885
2,048
1,790
2,190
1,588
1,134
1,732
1,526
1,112
1,647
1,689
1,327
1,691
1,765
1,533
1,563
1,830
1,748
1,752
1,770
1,195
---------------_ .._-------------------------------_._-----_....
44
59
44
30
1
0
0
4
5
1
11
2
4
9
7
0
0
0
0
0
0
0
0
3
22
7
2
0
0
0
0
4
0
0
2,726
1,867
1,573
2,167
1,852
1,801
1,925
2,304
2,232
1,919
1,310
1,665
2,146
1,963
2,107
1,843
2,298
1,742
1,227
1,832
1,594
1,181
1,679
1,736
1,430
1,746
1,861
1,575
1,592
1,883
1,795
1,807
1,796
1,266
_-----_.~------_
.._------_..
2,563
1,755
1,462
2,087
1,794
1,692
1,886
2,225
2,096
1,847
1,266
1,555
1,963
1,762
1,879
1,636
2,037
1,648
1,126
1,758
1,520
1,131
1,590
1,632
1,366
1,620
1,746
1,418
1,419
1,748
1,632
1,649
1,600
1,235
99
7
3
15
19
27
6
24
69
11
24
51
114
150
175
99
107
1
1
6
5
18
45
23
16
32
72
128
120
88
111
132
125
10
_------_.~._----- ----------_.-------
72.10
2,662
64
1,762
105
77.20
1,465
108
75.50
2,102
65
63.40
1,813
71.70
39
1,719
82
72.30
33
75.65
1,892
2,249
55
161.20
2,165
67
130.70
1,858
61
119.00
1,290
20
145.00
1,606
59
173.65
139.68
2,077
69
164.80
1,912
52
2,054
53
164.10
197.06
1,735
108
2,144
156.15
154
1,649
93
176.55
1,127
100
190.20
1,764
68
99.40
134.30
1,525
69
1,149
32
148.55
1,635
178.50
44
1,655
185.00
81
163.30
1,382
48
1,652
130.75
94
1,818
43
140.50
1,546
29
161.78
1,539
53
164.30
1,836
47
112.02
1,743
51
190.74
1,781
26
192.00
1,725
145.00
71
1,245
120-140
21
.. _------_._-------.... -----.....-.---_..
1/ Preliminary. 2/ Forecast.
---_
-----_._.------~---------_.-----_
---~-------------------------_
_------------------------_._--------~---
.._------_._-_.
Price 2/
Ending ----------------stocks
Average,
Valley
Points
-------------------------------~---------------_._------_._---------------------------------------.--------------------------------------------_._._-----
-------------------------.-------------------------------Million pounds-------------------------------------------
Centsllb.
1965
236
1,830
2,066
273
1,864
1,591
202
13.70
1966
202
1,223
1,425
1,142
76
1,218
207
12.22
1967
207
1,020
1,227
1,079
49
1,128
99
13.16
1968
99
1,450
1,549
1,033
139
1,172
10.83
377
1969
377
1,251
1,628
1,056
451
1,507
12.49
121
121
1,235
1,356
1,262
1970
94
15.21
891
371
1971
94
1,308
1,402
836
1,288
452
114
12.27
1,564
1972
114
1,678
977
587
1,564
114
16.52
1973
114
1,552
1,666
993
563
1,556
110
33.32
1974
110
1,335
1,445
1,309
624
685
136
31.71
920
1975
136
1,056
451
500
951
105
23.46
105
1,198
1,303
1976
534
690
1,224
79
24.81
1977
79
1,453
1,532
689
758
1,447
85
25.43
1978
85
1,282
1,367
620
661
1,281
31.63
86
1979
86
1,423
1,509
1,387
659
728
122
25.34
1980
122
1,195
1,317
527
710
1,237
80
25.86
1981
80
1,551
1,631
680
847
1,527
104
20.10
1982
104
1,134
1,240
604
546
1,150
90
21.80
1983
90
777
885
532
303
835
50
32.80
1984
50
1,174
1,224
684
433
1,117
107
29.20
1985
107
1,070
1,177
650
442
1,092
16.91
85
1986
85
781
877
573
214
787
90
17.67
90
1987
1,204
1,319
750
409
1,159
160
21.67
1988
160
1,243
1,403
850
406
1,256
147
19.71
1989
147
1,039
1,199
765
354
1,118
80
23.30
1990
80
1,154
1,238
852
249
1,101
137
22.30
1991
137
1,279
1,434
1,075
281
1,356
78
20.10
1992
78
1,137
1,253
995
177
1,172
81
30.07
1993
81
1,119
1,226
873
1,121
106
30.30
248
1994
106
1,312
1,417
1,006
329
1,335
29.23
82
1995
82
1,229
1,311
996
221
1,217
94
26.53
1996
94
1,216
1,310
1,012
1,244
25.58
232
66
66
1,230
1,297
1,190
1997 3/
985
205
107
28.84
1998 4/
107
850
957
810
100
910
30.0-33.0
47
-----------._---------.---------------_.------------------_._------_.---------------------------------------------------------------------------_._----1/ Total supply inclUdes imports. 2/ PBSY, basis Greenwood, MS, beginning 1992. 3/ Preliminary. 4/ Forecast.
47
Disappearance
Supply
---------------------
Year
--------------------------------------
Beginning
stocks
Crush
Exports
Ending
stocks
... _---------------------------------------------------------------------------------------------------------
2,365.2
2,069.3
1,769.8
1,440.1
1,179.8
899.1
628.8
432.1
370.9
532.8
1,560.0
2,604.3
391.0
335.2
358.6
265.7
257.7
239.4
210.2
192.1
195.5
343.9
386.2
397.5
15.6
14.7
24.4
15.3
18.2
7.9
7.1
26.7
8.2
16.1
23.0
30.3
2,069.3
1,769.8
1,440.1
1,179.8
899.1
628.8
432.1
370.9
532.8
1,560.0
2,604.3
2,763.4
1995
January
February
March
April
May
June
July
August
September
October
November
December
2,763.4
2,529.4
2,197.8
1,865.9
1,523.8
1,220.4
876.2
548.5
292.7
565.7
1,421.9
2,335.2
404.6
360.5
391.0
345.4
304.0
316.5
310.0
264.4
245.5
337.1
386.7
362.4
23.3
21.7
22.1
17.0
19.3
17.5
6.9
3.6
1.8
8.4
7.5
13.6
2,529.4
2,197.8
1,865.9
1,523.8
1,220.4
876.2
548.5
292.7
565.7
1,421.9
2,335.2
2,569.3
1996
January
February
March
April
May
June
July
August
September
October
November
December
2,569.3
2,262.7
1,955.3
1,608.0
1,336.3
952.3
723.3
517.0
494.9
1,491.3
2,212.2
2,541.8
402.3
373.5
381.4
354.4
330.8
228.5
215.0
229.2
225.0
331.7
355.1
352.6
10.9
14.8
24.2
10.7
11.3
6.3
1.1
2.6
2.1
1.8
2.9
3.0
2,262.7
1,955.3
1,608.0
1,336.3
952.3
723.3
517.0
384.6
494.9
1,491.3
2,212.2
2,541.8
1997
January
February
March
April
May
June
July
August
September
October
November
December
2,386.1
2,140.2
1,839.9
1,548.2
1,183.8
871.2
522.8
353.3
340.3
1,254.2
2,275.7
2,470.6
381.2
362.8
362.2
334.4
351.3
280.8
294.0
244.4
178.6
329.7
374.5
381.3
6.2
23.1
19.7
12.4
22.5
13.7
5.7
8.8
5.8
1.4
4.4
2.8
2,386.1
2,140.2
1,839.9
1,548.2
1,183.8
871.2
522.8
353.3
340.3
1,254.2
2,275.7
2,470.6
1998
January
February
March
April
May
June
July
August
2,470.6
1,990.9
1,656.0
1,324.9
1,024.5
752.1
563.0
450.7
428.4
352.3
370.8
359.1
309.1
278.8
277.6
246.1
18.5
13.5
20.6
26.5
26.9
11.9
8.3
7.4
2,213.0
1,990.9
1,656.0
1,324.9
1,024.5
752.1
563.0
450.7
48
Supply
Year
beginning
October 1
--_..........-....-------_... -.. ------_........--------_...-------_ ...... ----------------------------------_ .. ---_ .. _----_ .... _-------------- Ending
Beginning
stocks
Production
Total
Imports
Domestic
Exports
Total
stocks
29.2
36.9
38.4
31.6
42.5
41.2
52.1
66.4
95.3
95.5
103.7
76.6
130.1
172.2
166.6
161.8
151.8
164.0
119.6
116.1
106.9
93.4
90.6
89.4
1,562.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
159.3
209.1
205.0
193.4
194.3
205.2
171.7
182.5
202.2
188.9
194.3
166.0
1591.7
116.8
159.2
163.4
143.6
139.3
141.7
95.6
76.1
95.3
72.8
110.7
104.4
1,418.9
5.6
11.5
10.0
7.3
13.8
11.4
9.7
11.1
11.4
12.4
7.0
8.4
119.6
122.4
170.7
173.4
150.9
153.1
153.1
105.3
87.2
106.7
85.2
117.7
112.8
1,538.5
36.9
38.4
31.6
42.5
41.2
52.1
66.4
95.3
95.5
103.7
76.6
53.2
53.2
66.8
80.0
94.9
97.3
99.2
82.8
108.9
91.0
82.4
87.8
75.2
154.3
171.5
176.9
184.1
162.2
174.3
154.2
137.4
143.9
137.2
120.1
113.6
1,829.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
207.5
238.3
256.9
279.0
259.5
273.5
237.0
246.3
234.9
219.6
207.9
188.8
1882.9
132.2
151.4
155.3
170.0
154.1
180.2
118.5
146.5
144.9
128.0
130.8
136.3
1,748.2
8.5
6.9
6.7
11.7
6.2
10.5
9.6
8.8
7.6
3.8
1.9
5.9
88.1
140.7
158.3
162.0
181.7
160.3
190.7
128.1
155.3
152.5
131.8
132.7
142.2
1,836.3
66.8
80.0
94.9
97.3
99.2
82.8
108.9
91.0
82.4
87.8
75.2
46.6
46.6
34.0
27.0
21.2
15.6
20.7
30.7
44.7
55.8
57.3
55.0
53.3
159.9
178.2
161.0
183.8
169.8
168.3
160.2
150.1
104.4
105.3
104.4
102.7
1,748.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
206.5
212.2
188.0
205.0
185.4
189.0
190.9
194.8
160.2
162.6
159.4
156.0
1794.7
164.9
178.8
157.1
182.2
157.8
143.8
131.8
126.1
90.9
103.3
95.8
99.7
1,632.2
7.6
6.4
9.7
7.2
6.9
14.5
14.4
12.9
12.0
4.3
10.3
5.1
111.3
172.5
185.2
166.8
189.4
164.7
158.3
146.2
139.0
102.9
107.6
106.1
104.8
1,743.5
34.0
27.0
21.2
15.6
20.7
30.7
44.7
55.8
57.3
55.0
53.3
51.2
51.2
46.5
45.2
32.4
27.5
37.4
43.5
49.6
82.1
85.6
64.94
62.72
146.1
161.5
158.2
174.6
164.6
162.1
152.2
160.7
128.6
123.2
128.2
92.1
1,752.0
0.0
0.2
3.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.8
197.3
208.2
207.0
207.0
192.1
199.5
195.7
210.3
210.7
208.8
193.1
154.8
1807.037
141.2
153.4
168.2
175.1
144.5
143.2
136.8
114.1
113.3
136.1
114.2
108.9
1,649.0
9.6
9.6
6.4
4.4
10.2
12.8
9.3
14.1
11.8
7.7
16.2
19.9
132.0
150.8
163.0
174.6
179.5
154.7
156.0
146.1
128.2
125.1
143.8
130.4
128.8
1,781.0
46.5
45.2
32.4
27.5
37.4
43.5
49.6
82.1
85.6
64.9
62.7
26.0
26.0
24.369
42.016
37.348
55.173
66.355
80.298
118.489
138.149
108.488
95.26
147.8
168.7
178.2
194.4
158.5
170.4
162.3
141.8
128.8
124.0
114.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
173.8
193.1
220.2
231.8
213.6
236.8
242.6
260.3
267.0
232.7
210.0
139.3
140.9
174.4
154.2
139.6
142.4
117.3
114.8
149.8
130.9
97.7
10.2
10.1
8.5
22.4
7.7
14.0
6.8
7.3
8.7
6.5
1.7
149.4
151.1
182.9
176.6
147.3
156.5
124.1
122.1
158.5
137.4
99.5
24.4
42.0
37.3
55.2
66.4
80.3
118.5
138.1
108.5
95.3
110.5
October
November
December
January
February
March
April
May
June
July
August
September
Total
1994/95
October
November
December
January
February
March
April
May
June
July
August
September
Total
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Total
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Total
1997/98
October
November
December
January
February
March
April
May
June
July
August
_----------------_.~~-----------~~.~.--.-
......_..._----------_._-----------
49
...._------_........_ ....
_ ..---------_.......................
---------------------_....-......--------------------..------------_ .. _--------------------------------------------------------------------
Disappearance
Supply
Year
beginning
October 1
........ ....
-----------------------------------------------------------------
Ending
Total
stocks
Exports
Domestic
Total
Imports
Production,
Beginning
crude
stocks
..... ..--------------------.. -----------------------------------------------------------------------------------------------------------------------------_.._---1,000 pounds
_ _ _------_ __
1993/94
October
November
December
January
February
March
April
May
June
July
August
September
Total
81,001
93,143
101,718
123,249
148,417
152,610
167,107
157,015
159,153
144,809
143,811
112,434
93,534
122,215
117,479
124,668
99,885
119,608
85,313
85,208
78,408
69,790
61,721
61,036
1,118,865
0
0
0
0
0
4,307
0
0
19,786
0
0
2,194
26,287
174,535
215,358
219,197
247,917
248,302
276,525
252,420
242,223
257,347
214,599
205,532
175,664
1,226,153
74,313
98,537
81,873
67,489
84,599
88,262
68,810
48,149
100,955
46,485
68,454
67,815
895,741
7,079
15,103
14,075
32,011
11,093
21,156
26,595
34,921
11,583
24,303
24,644
25,265
247,828
81,392
113,640
95,948
99,500
95,692
109,418
95,405
83,070
112,538
70,788
93,098
70,072
1,120,561
93,143
101,718
123,249
148,417
152,610
167,107
157,015
159,153
144,809
143,811
112,434
105,592
1994/95
October
November
December
January
February
March
April
May
June
July
August
September
Total
105,592
103,492
117,018
114,740
122,186
150,491
129,904
120,796
95,679
96,854
92,226
87,842
109,846
122,628
125,607
133,408
115,608
125,159
110,362
97,743
102,436
96,560
87,839
84,310
1,311,506
0
0
0
14
5
25
91
18
5
16
0
14
188
215,438
226,120
242,625
248,162
237,799
275,675
240,357
218,557
198,120
193,430
180,065
172,166
1,417,286
94,459
75,717
91,272
107,168
43,854
97,300
85,061
94,103
78,574
82,264
80,430
67,815
998,017
17,487
33,385
36,613
18,808
43,454
48,471
34,500
28,775
22,692
18,940
11,793
13,741
328,659
111,946
109,102
127,885
125,976
87,308
145,771
119,561
122,878
101,266
101,204
92,223
90,040
1,335,160
103,492
117,018
114,740
122,186
150,491
129,904
120,796
95,679
96,854
92,226
87,842
82,126
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
Total
82,126
82,575
89,269
94,847
118,181
147,200
151,192
155,576
143,309
128,076
125,395
101,168
105,206
121,633
111,586
130,944
121,417
125,582
111,635
103,546
74,725
78,384
72,427
71,682
1,228,767
14
9
0
18
0
0
11
0
186
13
11
0
262
187,346
204,217
200,855
225,809
239,598
272,782
262,838
259,122
218,220
206,473
197,822
172,850
1,311,155
94,875
84,680
92,785
81,221
84,295
82,993
82,634
99,761
76,009
73,251
75,457
67,815
995,776
9,896
30,268
13,223
26,407
8,103
38,597
24,628
16,052
14,135
7,827
21,197
10,903
221,236
104,771
114,948
106,008
107,628
92,398
121,590
107,262
115,813
90,144
81,078
96,654
78,718
1,217,012
82,575
89,269
94,847
118,181
147,200
151,192
155,576
143,309
128,076
125,395
101,168
94,132
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
Total
94,132
97,481
102,457
106,110
120,917
133,673
137,456
131,745
116,141
103,439
85,906
78,000
98,948
114,821
115,867
123,886
114,762
114,662
103,709
109,757
86,899
85,869
80,601
66,007
1,215,788
0
0
0
0
52
0
11
0
11
4
173
0
252
193,080
212,302
218,324
229,996
235,731
248,335
241,176
241,502
203,051
189,312
166,680
144,007
1,310,172
83,073
99,500
99,069
83,357
75,223
88,232
87,201
95,042
90,077
78,199
63,963
68,681
1,011,618
12,526
10,345
13,145
25,722
26,835
22,647
22,230
30,319
9,535
25,207
24,717
8,919
232,147
95,599
109,845
112,214
109,079
102,058
110,879
109,431
125,361
99,612
103,406
88,680
77,600
1,243,765
97,481
102,457
106,110
120,917
133,673
137,456
131,745
116,141
103,439
85,906
78,000
66,407
1997/98
October
November
December
January
February
March
April
May
June
July
August
---_._-...
50
95,578
68,588
0
164,166
80,227
15,351
66,407
97,759
78,257
102,474
86,435
68,588
120,321
0
188,909
24,217
100,736
19
206,050
92,572
8,164
105,314
86,435
119,596
83,923
24,003
107,926
133,771
105,314
136,356
27
241,697
103,667
12
244,907
88,590
15,077
141,240
133,771
111,124
99,888
116,038
140,739
0
256,777
16,150
141,240
115,537
70,720
93,593
159,822
112,676
0
253,415
22,874
140,739
84,707
20,791
105,498
150,404
159,822
96,080
0
255,902
83,834
106,828
130,886
150,404
87,310
0
237,714
22,994
100,886
0
219,653
85,538
15,348
118,767
130,886
88,767
79,860
94,252
102,347
0
196,599
14,392
118,767
77,832
.. ..--.... .. ........... ..............-.............................. - .....................__.._-_ .._------------------------------_ ...._--..---.. _.._---_ .... _---------_ ...... _--_ ........ _-_ ...... _.. ----_ ..- .. ---- .. -----... _-_ ... __....
__ _ _ _ -_
Year
beginning
October 1
Meal
average,
Memphis
(solvent)
Average
received
by farmers
-----------------$/ton------------------
Average,
crude,
Miss.
Valley 1/
Cents/lb.
1992/93
October
November
December
January
February
March
April
May
June
July
August
September
90.00
107.00
107.00
112.00
116.00
N.A.
NA
NA
NA
N.A.
111.00
106.00
154.40
157.50
174.50
164.40
149.40
153.50
149.00
143.10
153.00
170.30
178.50
193.75
22.17
22.96
23.91
24.09
22.03
22.24
22.55
22.70
26.76
30.74
30.45
28.98
1993/94
October
November
December
January
February
March
April
May
June
July
August
September
107.00
116.00
115.00
122.00
95.00
NA
NA
NA
NA
NA
89.00
101.00
173.10
181.00
180.00
170.30
173.10
174.00
166.25
157.75
154.10
152.50
144.50
145.00
24.79
26.53
30.39
33.16
29.96
29.60
29.10
29.66
27.55
24.29
23.71
2451
1994/95
October
November
December
January
February
March
April
May
June
July
August
September
96.00
107.00
104.00
101.00
97.00
N.A.
N.A.
NA
NA
N.A.
100.00
100.00
134.40
120.50
114.20
106.75
97.50
100.30
98.10
9275
108.75
116.90
116.50
137.60
27.81
30.72
31.83
28.70
29.95
27.14
27.61
27.51
30.04
30.63
30.26
28.61
1995/96
October
November
December
January
February
March
April
May
June
July
August
September
99.00
114.00
116.00
107.00
117.00
N.A.
N.A.
N.A.
NA
NA
118.00
134.00
153.25
165.00
185.80
208.80
202.80
195.60
220.00
191.25
192.20
201.56
19310
193.13
27.61
2627
26.10
24.45
24.35
24.25
26.77
28.46
27.94
28.25
27.81
26.13
1996/97
October
November
December
January
February
March
April
May
June
July
August
September
127.00
114.00
133.00
132.00
12800
NA
N.A.
N.A.
NA
NA
112.00
113.00
183.25
196.60
224.50
207.20
183.75
189.10
189.10
193.75
190.30
170.75
176.25
192.00
24.56
2428
24.29
25.21
25.44
26.18
25.10
25.19
2501
2653
27.11
28.03
1997/98
October
November
December
January
February
March
April
May
June
July
August
September
119.00
124.00
122.00
12200
10800
NA
N.A.
N.A.
NA
NA
113.00
113.00
189.10
18910
190.50
153.10
139.10
128.70
116.25
105.00
129.40
146.65
130.30
115.63
28.47
29.11
26.78
27.69
29.37
30.46
32.47
33.13
30.22
29.40
30.11
33.26
w ______________________ ______________________________ - - - - - - - - - - - - - - - - - - - - - -
NA = Not available.
11 PBSY, basis Greenwood, MS
51
--_.._--------------------------...-----------------------------------------------------------Value 1/
Yield Production
Planted Harvested
Year
_._ ......-------_................_......----....---_..__.......-......_....-............-........_----------- .........--_.............--1,000 acres
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997 2/
1998 3/
50
76
221
156
195
219
405
719
678
572
787
834
2,321
2,840
5,555
3,910
3,865
4,815
3,110
3,754
3,055
2,025
1,805
2,038
1,840
1,905
2,746
2,187
2,757
3,567
3,478
2,556
2,949
3,420
-_
46
73
216
151
185
207
392
692
666
548
709
810
2,205
2,798
5,410
3,683
3,811
4,724
3,063
3,692
2,844
1,955
1,775
1,921
1,786
1,851
2,673
2,043
2,486
3,430
3,368
2,499
2,852
3,307
Cwl
8.27
8.94
10.37
10.31
9.27
9.02
10.50
9.16
10.80
9.57
11.09
10.58
12.52
13.65
13.49
10.16
11.77
11.29
10.44
10.14
11.09
13.69
14.69
9.33
9.85
12.29
13.52
12.55
10.35
14.10
11.90
14.35
13.20
14.00
N.A.
N.A.
NA
NA
N.A.
NA
N.A.
N.A.
NA
NA
84,962
94,229
280,428
409,923
659,962
413,907
485,358
473,454
418,764
415,584
251,505
185,119
217,618
208,875
190,452
245,754
316,847
254,258
332,000
512,751
457,575
417,910
445,963
479,087
1,279
1,330
1977
23
3
1,356
118
219
942
77
224
1978
77
1,823
7
1,907
159
1,366
1,817
292
90
236
1979
90
3,310
3,410
1,820
2,514
10
547
147
896
200
1980
896
1,697
28
2,621
154
1,505
2,439
780
182
245
182
2,035
1981
32
2,249
177
1,555
2,106
374
143
238
1982
143
2,419
40
2,602
191
1,348
2,305
766
297
199
1983
297
1,451
1,747
31
1,779
590
113
1,044
32
287
1,686
1984
32
1,698
26
1,757
567
128
991
71
249
71
1,430
1,527
1,315
1985
26
674
276
365
212
175
1986
212
1,214
8
1,434
1,181
635
242
304
253
152
1987
253
1,183
10
1,446
79
1,249
900
270
197
184
1988
197
1,035
813
25
575
294
956
87
79
267
1989
80
798
20
898
546
230
873
96
25
234
1990
25
1,031
40
1,096
294
1,008
593
88
240
121
1,639
1991
88
75
1,803
1,541
952
425
163
262
192
1992
262
1,163
1,404
47
1,473
363
923
118
69
215
1,189
1993
69
1,167
25
1,260
661
429
99
71
284
2,194
42
2,306
1,313
2,203
71
1994
604
287
236
103
1,943
1,738
1995
103
1,819
915
598
224
21
205
254
1996
205
1,627
661
18
1,850
1,654
844
149
196
258
1997 1/
196
1,707
1,933
1,061
592
1,841
30
189
92
261
1998 2/
92
2,100
38
2,230
1,193
2,125
730
202
234-260
105
......._-_.._.._----- ......_..... _------------ .. _----------------_ .. _-------------------------------------------------.._----------_.._.... _------------_.. _- .. _------------------------1/ Preliminary. 2/ Forecast.
52
_-
Year
beginning
October 1
........... __..............-_.......
Disappearance
Supply
---------------------------------------------------- ------------------------------------------------- Ending
Beginning Production
Total
Domestic
Exports
Total
stocks
stocks
11
Price
-------------------
Average,
28 percent
protein
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
19972/
NA
4
4
4
3
4
5
5
5
5
5
4
3
5
5
6
2
5
5
5
5
5
199831
131
180
359
439
201
434
265
321
357
305
426
291
264
293
498
440
327
653
458
131
184
363
127
180
359
443
440
204
438
270
326
362
310
431
302
280
316
510
451
332
658
463
200
433
240
307
313
269
381
293
272
306
451
401
291
565
433
419
500
567
440
445
513
590
517
594
NA
NA
NA
NA
NA
NA
25
14
44
36
46
6
3
5
53
48
37
89
25
21
13
23
127
180
359
440
200
433
265
321
357
305
427
299
275
311
503
449
328
655
458
$/mt
4
4
4
3
4
5
5
5
5
5
4
3
5
5
6
2
5
5
5
5
5
5
440
513
590
NA
102
106
122
117
112
123
58
76
84
109
135
111
97
85
98
104
72
136
122
90
44-66
NA = Not available.
11 Total supply includes imports. 2/ Preliminary. 31 Forecast.
Year
beginning
October 1
-_
Supply
Disappearance
----------------------------------------------------- ------------------------------------------------- Ending
Beginning
Production
Total
Domestic
Exports
Total
stocks
stocks
11
Price
------------- ...----Average,
crude
Minneapolis
...........----_...... _----_............---_ ......._----_.....------_ ...... -----_ ..... ------------------ .. -------_.... --------_ .. ----------------------------------------------------
NA
199831
N.A.
3
7
73
41
12
43
6
30
25
51
71
37
17
21
45
25
29
37
67
42
34
86
115
224
298
137
303
204
219
265
266
377
235
215
243
413
331
263
528
390
385
449
522
86
118
231
371
178
315
247
225
295
291
430
306
254
275
438
376
292
558
428
462
502
565
49
70
72
29
63
43
53
65
65
84
40
57
78
91
179
85
59
78
76
98
98
107
34
41
86
301
103
229
188
130
205
156
319
212
159
163
214
266
204
444
285
322
370
415
83
111
158
330
166
272
241
195
270
240
359
269
238
254
393
351
263
521
361
420
468
522
3
7
73
41
12
43
6
30
25
51
71
37
17
21
45
25
29
37
67
42
34
43
$/mt
NA
728
575
594
550
495
741
661
421
353
520
500
538
520
476
558
683
622
560
497
608
601-667
= Not available.
53
Supply
Year
beginning
June 1
Imports
Beginning Production
stocks
Total
Total
1/
Crush Exports
Ending
stocks
----------------------------------------------------------------------------------------------------------------------------------
Million pounds
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
2
3
21
32
13
10
95
34
88
80
42
2/
3/
39
95
97
191
144
252
447
548
479
914
1,433
37
231
141
2
27
773
630
558
570
782
606
78
329
259
225
184
1,036
1,173
1,140
1,137
1,776
2,081
68
287
187
109
59
850
899
899
866
1,427
1,551
4
10
32
97
104
78
227
138
173
277
386
72
297
219
212
174
940
1,139
1,052
1,057
1,734
1,972
3
21
32
13
10
95
34
88
80
42
109
Disappearance
Year
beginning
June 1
Beginning Production
stocks
---..............._----- ...-
.... .. _------------...---------------------------------------------------------------------------------------------
Imports
Total
Crush Exports
Total
1/
Ending
stocks
Million pounds
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
2/
3/
29
20
24
41
71
67
137
54
79
66
77
54
130
18
32
49
406
299
355
341
485
561
430
391
583
815
861
902
938
1,086
1,075
1,127
1,324
513
541
625
888
981
1,375
1,374
1,496
1,495
1,678
1,962
486
510
577
801
898
1,228
1,165
1,270
1,429
1,290
1,510
8
6
7
15
16
76
153
147
0
311
364
494
516
584
816
914
1,304
1,318
1,417
1,429
1,601
1,874
20
24
41
71
67
137
54
79
66
77
88
Beginning Production
stocks
Disappearance
Imports
Total
Crush Exports
Total
1/
350
340
389
641
642
1,102
1,051
1,291
1,213
1,805
1,946
351
349
389
641
642
1,102
1,051
1,293
1,223
1,816
1,959
Ending
stocks
1,000 S.t.
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
2/
3/
4
3
6
6
6
6
6
6
6
6
6
42
101
14
19
39
322
236
281
269
383
444
308
251
375
621
603
780
815
1,013
954
1,433
1,516
354
355
395
646
647
1,108
1,057
1,299
1,229
1,822
1,965
1
9
0
0
0
0
0
2
10
11
13
3
6
6
6
6
6
6
6
6
6
6
54
Table 40--Fats and oils used in edible products, by use, U.S., 1989/90-1997/98 1/
----------------------------------------------------------------------------------------------------------------------------------------------------------------------1992/93
1993/94
1994/95
1995/96
1996/97
1990/91 1991/92
Year beginning October 1 1989/90
----------------------------------------------------------------------------------------------------------------------------------------------------------------------Coconut oil:
169
202
234
247
221
120
164
161
Total edible
Corn oil:
304
411
241
86
100
82
73
Baking or frying fats
D
D
79
68
195
185
D
D
Margarine
218
659
413
446
434
386
Salad or cooking oil
589
565
547
649
636
595
Total edible
1,129
1,143
1,085
945
527
Cottonseed oil:
271
Baking or frying fats
235
272
247
238
217
217
218
D
27
Margarine
D
25
D
D
D
D
Salad or cooking oil
438
375
353
289
262
235
507
265
Other edible
33
D
39
D
D
D
D
D
Total edible
801
777
685
640
558
532
497
556
Lard:
306
266
299
255
Baking or frying fats
275
277
274
251
39
43
Margarine 2/
29
39
30
39
33
15
Total edible
304
314
337
302
288
346
297
268
Palm oil:
Baking or frying fats
124
D
D
D
D
D
D
D
Total edible
94
98
99
83
87
D
D
D
Peanut oil:
D
Salad or cooking oil
152
129
169
165
D
D
D
Total edible
167
D
D
D
D
108
129
138
Edible rapeseed oil:
Salad and cooking oil
D
D
D
D
304
244
217
273
Total edible
266
318
339
375
431
337
319
390
Soybean oil:
Baking or frying fats
3,934
4,090
4,091
4,465
4,773
4,714
4,702
4,578
Margarine
1,754
1,811
1,911
1,970
1,840
1,693
1,699
1,667
Salad or cooking oil
4,726
4,693
4,961
4,717
4,999
5,546
5,317
6,119
Other edible
124
130
148
254
221
222
159
68
Total edible
10,537
10,722
11,112
11,505
11,832
12,175
11,877
12,432
Sunflower oil:
Total edible & inedible
61
166
145
129
D
D
90
101
Tallow, edible:
Baking or frying fats
703
498
437
405
409
374
335
321
Total edible
706
501
440
408
D
382
341
327
Total fats and oils:
Baking or frying fats
5,724
5,793
5,702
5,960
6,138
6,063
5,969
5,742
Margarine
2,117
2,168
2,173
2,186
2,068
1,863
1,835
1,759
Salad or cooking oil
6,262
6,222
6,536
6,374
6,333
6,883
6,507
7,388
Other edible
290
368
351
439
436
428
395
290
Total edible
14,383
14,491
14,765
14,959
14,975
15,238
14,706
15,179
----------------------------------------------------------------------------------------------------------------------------------------------------------------------See footnotes at end of table.
Continued--
55
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(1)
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&
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Table 4O-Fats and oils used in edible products, by use, U.S., 1989/90-1997/981/ (cont.)
D
27,151
36,635
4,786
D
25,367
35,850
4,785
4,760
D
24,850
34,230
D
9,309
D
D
23,670
1,389
D
24,859
17,407
D
15,183
D
33,974
6,008
7,079
31,163
44,250
11,139
Dec
4,760
D
21,749
31,076
D
11,559
D
D
18,487
1,567
D
19,939
16,276
D
17,645
D
34,932
4,955
5,094
21,659
31,708
8,300
Jan
Mar
24,563
25,166
8,340
23,582
24,000
9,657
22,178
22,971
7,447
D
27,341
37,771
D
8,927
D
D
22,997
1,302
D
24,214
16,002
D
12,363
D
30,606
4,536
5,223
34,272
44,031
13,248
1,000 pounds
D
24,455
34,470
D
11,565
D
D
20,141
1,715
D
21,711
15,189
D
11,422
D
28,794
4,485
4,142
31,076
39,703
11,229
Apr
D
35,862
44,559
D
9,843
D
D
19,665
1,543
D
21,150
18,775
D
18,040
D
39,144
4,528
3,778
31,187
39,493
12,814
May
D
29,020
38,811
D
9,620
D
D
22,221
1,444
D
23,554
18,045
D
15,924
D
36,019
D
D
37,554
46,814
14,834
June
D
40,508
49,551
D
8,658
D
D
22,353
1,642
D
23,798
17,311
D
16,116
D
35,373
D
D
27,676
35,910
10,587
July
23,852
D
316,307
420,830
D
34,041
42,253
D
D
110,970
D
D
250,552
15,000
D
263,134
187,259
D
171,243
D
378,765
42,457
39,154
338,931
445,700
124,937
D
9,420
D
D
21,698
1,226
D
22,804
14,122
D
17,974
D
34,252
D
D
31,659
39,323
12,132
Aug
20,176
20,658
6,568
21,723
22,205
9,171
21,204
21,601
8,620
20,772
21,319
14,672
19,545
20,116
8,653
21,627
22,176
7,444
22,688
22,998
14,022
243,981
249,601
103,526
4,761
D
25,963
35,624
D
8,407
D
D
23,653
1,090
D
23,653
15,764
D
15,576
D
32,972
4,139
4,077
33,894
42,110
10,489
Feb
25,923
26,391
8,932
419,757 377,191
369,929 349,156
156,574 141,850 154,572 124,921
517,798 547,871
525,626 523,357
5,200
3,598
4,600
4,800
1,099,329 1,071,512 1,054,927 1,001,032
D
12,978
D
D
27,864
1,041
D
28,737
18,554
D
17,294
D
37,379
6,690
4,419
29,625
40,734
9,450
D
10,684
D
D
27,803
1,041
D
28,715
19,814
D
13,706
D
35,320
7,116
5,342
29,166
41,624
10,715
Nov
1997/98
Coconut oil:
Total edible
Com oil:
Baking or frying fats
Margarine
Salad or cooking oil
Total edible
Cottonseed oil:
Baking or frying fats
Margarine
Salad or cooking oil
Other edible
Total edible
Lard:
Baking or frying fats
Margarine 2/
Other edible
Total edible
Palm oil:
Baking or frying fats
Total edible
Peanut oil:
Salad or cooking oil
Total edible
Edible rapeseed oil:
Baking or frying fats
Salad or cooking oil
Total edible
Safflower oil:
Consumption, total
Soybean oil:
Baking or frying fats
Margarine
Salad or cooking oil
Other edible
Total edible
Sunflower oil:
Total edible & inedible
Tallow, edible:
Baking or frying fats
Total edible
Total fats and oils
used in edible product:
Baking or frying fats
Margarine
Salad or cooking oil
Other edible
Total edible
Oct
-.----------------------...._-----------------------
-.,J
01
co
co
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-"
8'
0-
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co
co
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Feb.
..
..
..
..
..
..
..
..
..
..
1982=100
..
..
88.6
100.2
102.4
230.0
58.7
88.1
115.0
56.3
109.0
54.6
68.8
94.2
192.6
103.8
235.4
59.8
94.5
115.2
57.6
111.5
55.8
71.0
150.0
124.5
161.9
172.9
98.8
160.0
132.5
172.3
183.8
106.0
$Iton
53.50
23.69
23.57
20.19
40.00
49.45
13.94
46.00
82.25
54.50
20.27
22.25
14.50
41.00
117.00
7.69
NA.
5.56
11.10
54.50
24.31
22.61
19.95
40.00
48.25
15.14
43.25
81.75
54.50
19.28
21.42
14.87
41.00
120.00
7.24
30.80
5.65
10.20
Jan.
Ct./lb.
..
..
$/ton
$/bu.
Ct./lb.
$/bu.
$/cwt
Unit
Mar.
Apr.
90.4
113.7
99.0
159.5
62.9
90.2
114.9
56.6
123.0
58.1
75.1
146.3
126.3
165.1
176.4
85.0
52.60
22.10
24.96
22.88
41.60
40.66
14.53
43.40
82.23
59.00
22.80
25.06
14.47
41.00
N.A.
8.03
N.A.
5.65
11.00
86.3
113.9
103.3
259.2
63.1
85.3
116.6
55.9
123.1
57.8
74.4
150.0
133.8
165.4
178.0
88.8
52.00
21.63
26.05
22.83
42.00
51.02
14.68
41.25
82.25
62.00
23.35
25.25
13.77
59.00
N.A.
8.60
N.A.
5.82
11.40
...
May
88.4
125.5
94.7
283.3
64.3
87.1
122.0
52.5
135.2
58.9
79.4
155.0
143.0
176.2
189.4
102.0
51.20
21.15
24.99
26.90
42.00
54.67
13.91
45.25
82.25
62.00
24.72
27.05
13.66
59.00
N.A.
8.23
NA.
5.97
12.00
89.8
128.7
103.4
290.6
66.0
88.7
122.0
53.7
138.7
60.4
81.6
147.5
142.5
169.1
182.0
108.8
51.00
20.31
26.56
26.94
43.00
60.37
14.98
46.90
82.25
57.25
25.03
27.28
N.A.
58.25
N.A.
8.31
N.A.
5.88
12.80
June
89.0
126.0
109.5
284.7
66.0
87.7
122.0
55.0
135.7
60.3
80.4
161.5
136.0
171.3
183.9
90.0
51.00
19.16
25.09
26.00
44.00
60.57
14.16
46.88
82.25
52.50
24.69
27.36
13.50
58.00
N.A.
7.56
NA.
5.97
12.50
July
-_ -----------
1990
83.3
126.4
107.8
284.4
65.1
82.0
115.1
53.1
135.8
59.5
79.3
169.5
126.3
172.4
186.8
85.0
51.00
18.58
28.49
24.60
40.40
59.24
15.04
49.05
82.25
52.50
25.05
27.61
10.12
58.00
123.00
5.86
26.50
6.00
13.70
Aug.
82.1
124.5
96.1
280.1
64.9
82.0
103.7
52.8
133.5
58.7
77.7
178.8
116.3
176.9
190.0
85.0
45.00
18.26
28.00
24.88
39.75
57.63
14.63
51.13
79.25
52.50
24.45
26.00
12.00
58.00
112.00
5.36
32.00
5.99
11.80
Sept.
88.0
115.2
103.2
260.4
62.2
88.7
103.7
54.2
124.0
57.3
75.0
163.0
133.0
172.5
185.4
82.0
43.40
18.18
26.61
24.80
36.80
56.19
15.21
48.13
77.25
52.50
22.59
23.58
13.42
55.50
122.00
5.15
34.00
5.88
10.90
Oct.
Nov.
Dec.
89.5
105.0
112.9
238.6
59.3
90.5
103.7
55.3
113.4
55.2
71.2
147.5
143.8
163.8
174.3
78.8
39.63
20.45
24.24
24.19
36.00
55.90
16.24
44.20
77.25
52.50
21.05
22.25
14.09
62.00
126.00
5.16
40.10
5.78
10.30
91.5
111.2
117.7
251.7
61.2
92.8
103.7
56.6
119.5
56.9
74.3
141.3
133.5
164.8
175.9
86.9
39.63
20.13
22.15
24.75
36.00
57.31
15.73
43.00
81.00
51.00
21.55
23.13
14.75
70.00
121.00
5.15
43.60
5.72
10.70
--------
-----------------------
Continued--
-----------...---------------------------------------------------....-------------------------------------------------------------------------------_..._-----------------------------------------------------..----
Item
----------------------------Oilseeds:
---------------
Table 41-Prices: Farm, wholesale, and index numbers otwholesale prices, by month, U.S. ,1990-1998
- - - - - - - - - - - - - - - - - - - - - - - - -...._ - - - - - - - - - - - - - - - - - - - - - - - - - -
cC/)
Q?.
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;;.
C/)
CD
::::l"
CD
Ql
en
CD
:D
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01
-----~--------
1991
--------------_.._-----------------------------------------------------------------
Continued--
------_.------------------.------------------------------------------------------------------------.------------------------------------------------------------------------------------------------------------------------------------------------------------------
Dec.
Sept.
Oct.
Nov.
Item
June
July
Aug.
Unit
Jan.
Feb.
Mar.
Apr.
May
--------------------------------------------_.. _-------------------...------------_.._------------------------_......---......- -......----------------....---Oilseeds:
Received by farmers, U.S.
74.00
67.00
69.00
71.00
Cottonseed
80.00
$lton
122.00 134.00 N.A.
N.A.
N.A.
N.A.
N.A.
3.31
3.46
3.55
3.40
3.69
Flaxseed
5.12
4.66
4.33
3.98
3.91
$/bu.
4.80
4.90
25.10
30.40
29.30
28.10
24.40
Peanuts
39.70
N.A.
NA
Ct.llb.
N.A.
N.A.
N.A.
N.A.
5.66
5.64
5.48
5.48
5.45
Soybeans
5.67
5.56
5.36
$/bu.
5.71
5.65
5.76
5.77
8.41
8.46
8.40
8.24
10.90
11.30
Sunflowerseed
10.80
11.10
11.40
11.30
10.70
$/cwt
11.30
Fats and oils:
Wholesale
37.50
35.00
35.00
35.40
35.00
37.00
36.50
35.50
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Ct.llb.
39.30
36.00
36.75
37.00
25.63
25.63
28.50
31.50
32.38
19.69
21.69
26.19
Coconut oil, crude, tank cars, N.Y.
20.22
20.31
20.50
19.38
29.55
28.50
27.75
27.25
28.75
29.61
29.76
Corn oil, crude, tank cars, f.o.b. Decatur
25.89
27.29
28.50
28.98
28.87
"
17.41
18.07
17.98
20.67
20.31
20.50
21.00
19.88
Cottonseed oil, crude, tank cars, f.o.b. Valley Points
23.75
22.88
23.00
22.13
"
36.00
30.00
30.00
30.00
36.50
36.00
36.00
36.00
Linseed oil, raw, tank cars, Minneapolis
36.00
36.00
36.00
36.00
56.34
55.84
38.88
56.28
57.26
56.84
57.22
Margarine, yellow, quarters, f.o.b. Chicago
57.85
57.29
57.85
57.17
56.42
18.86
20.63
21.63
18.99
19.05
19.40
20.32
19.14
Palm oil, refined, c.iJ., bulk, U.S. ports
19.49
19.50
19.25
19.18
"
35.33
30.66
34.33
27.67
23.50
43.33
42.25
41.50
Peanut oil, crude, tank cars f.o.b. Southeastern mills
"
41.00
42.83
47.60
46.75
82.25
82.25
82.25
82.25
82.25
Rapeseed oil, refined, denatured, tanks, N.Y.
82.25
82.25
82.25
82.25
82.25
82.25
82.25
49.00
49.00
49.00
49.00
49.00
49.00
49.00
Safflower oil, tanks, N.Y.
51.50
49.00
49.00
49.00
49.00
"
20.23
20.46
19.57
18.78
18.99
21.50
20.23
19.65
19.05
Soybean oil, crude, tank cars, f.o.b. Decatur
21.56
21.66
22.21
"
23.24
23.69
23.63
20.95
21.00
Sunflower oil, crude Minneapolis
24.28
23.55
23.71
23.54
24.06
23.81
24.78
"
13.50
13.68
13.08
12.50
12.96
14.00
Tallow, inedible, number 1, delivered, Chicago
13.88
14.28
14.43
14.80
13.02
12.36
61.00
61.00
61.00
61.00
70.00
Tung oil, imported, drums, f.o.b. N.Y.
63.00
63.00
61.50
61.00
"
70.00
63.00
61.50
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
$lton
125.00 118.10 125.00 122.00 181.10 117.20 127.50 130.90 133.10 131.00 144.40 162.00
Linseed meal, 36 percent protein, Minneapolis
131.00 131.25 120.00 121.00 121.00 134.25 133.00 131.25 116.25 128.00 133.75 127.80
153.70 163.50 165.75 171.50 171.00 171.10 169.70 177.60 191.90 183.00 178.00 170.70
Soybean meal, 44 percent protein, Decatur
"
Soybean meal, 49-50 percent protein, Decatur
"
167.00 174.50 177.60 182.50 182.10 183.25 181.00 188.75 204.28 196.30 190.25 183.10
74.00
78.25
86.20
97.25
93.00
85.00
80.00
95.70
85.00
88.75
88.75
95.00
Sunflower meal, 28 percent protein
"
Index Numbers:
1982=100
53.1
51.9
54.3
52.6
51.60
53.80
53.60
56.0
55.7
56.0
55.2
52.9
All fats and oils
"
68.50
68.4
66.0
65.7
68.3
67.6
64.70
68.70
74.1
73.2
73.7
72.4
All fats and oils, except butter
Group by origin:
55.7
55.7
53.2
51.5
52.50
54.20
54.10
54.5
53.6
53.2
53.3
52.6
Animal fats
"
108.0
102.3
128.7
Vegetable oils, domestic
109.7 103.60 109.20 108.50
117.9
118.4
120.7
117.4
110.7
"
Group by use:
108.6
106.5
98.4
Lard, refined
110.0
103.2
98.5
98.50 104.50 103.30
108.1
107.8
107.9
183.1
191.7
181.5
Edible fats and oils except butter and lard
207.7
194.9
193.2 182.40 192.10 193.10
"
208.8
208.6
213.1
58.5
56.8
55.5
56.8
55.60
57.60
57.60
Edible fats and oils including butter
59.7
60.1
60.7
59.8
57.1
"
88.5
89.9
83.4
82.7
80.60
88.60
88.50
88.0
Soap fats
96.3
89.5
87.5
86.9
"
88.3
103.7
103.7 107.20 112.50
88.30
88.3
88.3
Drying oils
103.7
103.7
103.7
103.7
"
Other industrial:
86.20
86.3
87.4
85.8
All industrial
86.3
83.3
82.7
81.20
88.80
"
94.5
88.6
86.9
.
100.9
95.4
95.9
Crude
102.7
103.8
95.90 101.30 100.90
109.4
110.0
112.3
109.2
--------------------------------------------------
Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998 (cont.)
-_....
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CD
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"
"
"
"
"
"
"
"
"
87.0
94.7
96.8
180.2
54.6
89.4
88.3
84.2
96.1
96.1
182.8
53.3
86.3
86.9
53.3
129.1
82.0
103.2
103.2
195.5
55.8
83.6
87.6
55.8
138.3
51.7
68.0
50.0
65.3
51.3
65.2
"
1982=100
"
"
"
52.6
127.3
124.25
115.00
174.20
185.90
60.60
143.10
124.00
174.30
185.40
62.00
156.25
122.00
172.70
184.00
68.75
$/ton
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
37.50
36.00
28.45
18.13
30.00
39.38
21.05
23.63
82.25
49.00
18.88
20.72
12.63
70.00
37.50
34.57
27.19
19.25
30.00
41.00
21.92
23.17
82.25
49.00
19.74
21.69
12.68
70.00
N.A.
3.52
N.A.
5.67
8.92
37.50
39.25
29.00
18.50
30.00
39.13
21.91
23.50
82.25
49.00
18.77
21.06
12.25
70.00
74.00
3.43
NA
5.59
8.96
Ct./lb.
71.00
3.39
N.A.
5.54
8.39
83.8
98.2
96.8
205.6
75.3
85.9
86.9
48.9
131.8
50.5
66.2
121.25
117.50
174.80
187.20
68.75
36.00
34.63
26.75
19.38
30.00
41.00
22.05
25.00
82.25
49.00
19.00
21.61
13.25
76.00
N.A.
3.53
N.A.
5.66
9.17
86.0
101.6
96.80
193.1
77.7
88.4
87.0
49.4
138.1
51.6
68.2
127.50
120.00
182.75
195.25
72.25
34.50
33.56
26.04
21.38
30.00
41.50
21.51
27.88
82.25
58.00
20.15
22.91
13.75
82.00
N.A.
3.61
N.A.
5.87
9.08
89.1
107.3
98.4
203.6
56.1
92.1
87.0
48.5
143.4
52.8
71.5
132.50
125.00
181.70
203.90
80.60
34.50
32.13
24.75
22.58
30.00
41.50
21.77
25.60
82.25
58.00
20.71
23.42
13.98
130.00
N.A.
3.67
N.A.
5.94
9.32
93.0
97.3
99.1
186.8
52.8
96.7
87.0
49.8
130.7
50.8
68.1
133.75
123.50
173.90
186.25
86.25
34.50
29.63
22.48
24.45
30.00
41.88
21.19
26.19
82.25
58.00
18.82
21.20
14.75
130.00
N.A.
3.70
N.A.
5.59
9.52
96.7
89.4
99.1
173.2
50.2
101.0
88.0
51.0
120.7
49.2
65.4
146.90
126.25
174.40
186.00
92.50
34.50
27.31
20.40
21.86
30.00
42.25
21.00
23.88
82.25
61.50
17.87
20.06
15.42
130.00
104.00
3.71
N.A.
5.40
9.70
97.4
92.8
110.6
178.8
52.2
101.7
88.7
52.5
124.5
50.8
67.3
163.00
131.00
175.10
187.00
91.00
34.00
27.88
21.00
21.04
32.00
42.25
21.50
22.00
67.25
72.00
18.28
21.67
15.25
132.00
90.00
4.12
31.30
5.36
8.87
99.3
91.5
110.6
176.9
51.8
102.7
96.4
52.6
123.6
103.5
96.1
113.6
185.9
53.6
107.8
95.3
53.9
129.5
52.6
70.3
157.50
152.50
170.90
181.90
95.00
154.40
141.25
168.60
180.60
86.25
50.8
67.2
34.00
27.00
20.60
22.96
32.00
1/
22.18
25.58
62.25
72.00
20.10
23.47
16.75
132.00
107.00
4.10
28.20
5.36
8.73
34.00
26.95
20.43
22.17
32.00
1/
21.86
23.63
62.25
72.00
18.36
22.03
15.94
131.50
90.00
4.09
29.90
5.26
9.12
100.2
401.9
114.4
196.4
55.6
104.4
92.2
53.2
136.6
53.7
72.3
174.50
137.40
176.40
187.60
86.25
34.00
25.50
20.75
23.91
32.00
1/
22.24
30.30
62.25
72.00
20.52
24.33
16.13
130.00
107.00
4.21
25.70
5.46
9.37
Continued--
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Oilseeds:
Received by farmers, U.S.
Cottonseed
Flaxseed
Peanuts
Soybeans
Sunflowerseed
Fats and oils:
Wholesale
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Coconut oil, crude, tank cars, N.Y.
Corn oil, crude, tank cars, f.o.b. Decatur
Cottonseed oil, crude, tank cars, f.o.b. Valley Points
Linseed oil, raw, tank cars, Minneapolis
Margarine, yellow, quarters, f.o.b. Chicago 1/
Palm oil, refined, c.i.f., bulk, U.S. ports
Peanut oil, crude, tank cars f.o.b. Southeastern mills
Rapeseed oil, refined, denatured, tanks, N.Y.
Safflower oil, tanks, NY.
Soybean oil, crude, tank cars, f.o.b. Decatur
Sunflower oil, crude Minneapolis
Tallow, inedible, number 1, delivered, Chicago
Tung oil, imported, drums, f.o.b. NY.
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
Linseed meal, 36 percent protein, Minneapolis
Soybean meal, 44 percent protein, Decatur
Soybean meal, 49-50 percent protein, Decatur
Sunflower meal, 28 percent protein
Index Numbers:
All fats and oils
All fats and oils, except butter
Group by origin:
Animal fats
Vegetable oils, domestic
Group by use:
Lard, refined
Edible fats and oils except butter and lard
Edible fats and oils including butter
Soap fats
Drying oils
Other industrial:
All industrial
Crude
$/ton
$/bu.
Ct./lb.
$/bu.
$/cwt
---------------------------------------------------------------1992
--------------------Dec.
June
Sept.
Oct.
Nov.
Unit
Jan.
Feb.
Mar.
Apr.
May
July
Aug.
Item
------------------------------------------------------------------
Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998 (cont.)
----------------
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Unit
Jan.
Feb.
Mar.
Apr.
May
June July
1993
Aug.
Sept.
--------Nov.
Dec.
Oct.
Oilseeds:
Received by farmers, U.S.
N.A.
N.A.
112.00 115.00 N.A.
NA
NA
111.00 110.00 115.00 123.00 115.00
Cottonseed
$lton
4.29
3.79
4.24
4.09
4.05
4.11
4.52
4.40
4.42
4.45
4.18
Flaxseed
$/bu.
4.46
31.90
28.20
29.50 N.A.
N.A.
N.A.
N.A.
NA
29.80
27.20
CtJlb.
NA
NA
Peanuts
5.65
5.81
5.90
6.56
6.56
6.21
6.01
6.32
6.64
$/bu.
5.58
5.56
5.73
Soybeans
14.20
11.60
13.00
10.00
10.50
11.00
10.80
11.10
10.80
12.00
13.30
11.20
Sunflowerseed
$/cwt
Fats and oils:
Wholesale
34.00
32.00
37.00
37.00
37.00
37.00
38.50
41.50
44.00
44.00
Ct.llb.
32.00
32.00
Castor oil, No.1, Brazilian tanks, imported, N.Y.
24.13
25.35
25.61
24.44
23.88
26.69
34.25
24.94
23.65
23.13
24.95
Coconut oil, crude, tank cars, N.Y.
24.38
20.75
20.67
22.23
22.25
23.06
26.93
20.75
20.87
20.79
20.80
20.60
21.50
Corn oil, crude, tank cars, wet mill Chicago
30.74
30.45
28.98
24.79
26.53
30.39
24.09
22.03
22.24
22.55
22.70
26.76
Cottonseed oil, crude, tank cars, f.o.b. Valley Points
32.00
32.00
32.00
32.00
32.00
32.00
32.00
32.00
32.00
32.00
32.00
28.50
Linseed oil, raw, tank cars, Minneapolis
21.95
20.31
19.84
19.43
18.83
19.74
21.90
23.18
23.09
22.99
22.26
21.01
Palm oil, refined, c.i.f., bUlk, U.S. ports
43.33
26.00
30.00
30.13
31.70
39.50
39.63
40.20
43.17
31.00
27.17
27.40
Peanut oil, crude, tank cars f.o.b. Southeastem mills
53.25
53.00
52.50
62.25
62.25
55.88
53.75
53.00
52.00
50.00
Rapeseed oil, refined, denatured, tanks, N.Y.
62.25
62.25
68.50
65.00
72.00
72.00
72.00
72.00
72.00
72.00
65.00
65.00
Safflower oil, tanks, N.Y.
72.00
72.00
21.15
24.13
23.46
20.93
22.98
25.37
21.23
21.00
21.24
21.30
28.09
Soybean oil, crude, tank cars, f.o.b. Decatur
21.40
24.69
24.84
25.50
28.72
28.83
28.00
26.33
28.20
32.11
24.58
24.47
24.94
Sunflower oil, crude Minneapolis
14.66
14.69
15.36
15.24
15.41
14.51
14.36
14.53
14.62
14.63
Tallow, inedible, number 1, delivered, Chicago
14.70
16.15
94.75
93.00
130.00 130.00 130.00 130.00 117.00 130.00 130.00 130.00 107.50 100.00
Tung oil, imported, drums, f.o.b. N.Y.
Oilmeals:
164.40 149.40 153.50 149.00 143.10 153.00 170.30 178.50 193.75 173.10 181.00 180.00
Cottonseed meal, 41 percent protein, solvent, Memphis
$lton
136.70 142.50 135.40 126.25 126.25 123.20 133.75 150.00 148.75 147.50 161.80 155.25
Linseed meal, 36 percent protein, Minneapolis
175.60 167.50 172.40 175.60 181.70 181.30 217.60 206.90 186.50 180.60 195.70 192.50
Soybean meal, 44 percent protein, Decatur
188.75 179.90 183.60 187.40 193.25 193.10 229.90 219.10 199.90 194.50 209.40 206.00
Soybean meal, 49-50 percent protein, Decatur
97.50
95.00
90.00
87.50
89.00
83.50
91.00
97.00
90.00
89.40
Sunflower meal, 28 percent protein
90.00
82.50
Index numbers:
1982=100
55.3
54.3
56.2
52.2
53.3
52.0
55.3
54.2
61.2
53.1
All fats and oils
52.0
53.2
75.9
74.5
72.6
70.8
71.0
72.3
72.6
70.0
76.3
74.4
77.7
86.2
All fats and oils, except butter
Group by origin:
49.3
50.8
49.7
51.5
51.0
49.6
49.9
49.4
49.7
49.9
50.1
51.2
Animal fats
139.5
153.1
148.9
157.3
139.4
135.9
137.9
139.6
134.2
152.5
148.2
180.9
Vegetable oils, domestic
Group by use:
111.5
124.0
117.0
112.4
120.1
118.0
120.9
116.6
120.9
112.8
112.5
114.8
Lard, refined
198.5
195.8
199.3
191.1
217.1
216.0
211.2
210.6
223.3
255.8
Edible fats and oils except butter and lard
193.8
198.8
59.0
57.6
54.9
52.2
55.3
55.6
54.2
58.6
57.6
60.0
66.5
Edible fats and oils including butter
54.0
95.0
94.7
96.1
103.2
99.3
97.5
100.8
100.3
98.1
97.6
97.7
94.6
Soap fats
95.0
94.6
94.0
93.7
94.6
95.1
94.3
94.6
94.6
94.6
94.0
92.7
Drying oils
Other industrial:
92.6
93.3
99.3
96.2
94.7
97.4
97.0
95.1
94.8
92.3
92.1
94.4
All industrial
104.0
101.2
104.1
100.0
114.9
114.2
111.5
111.0
117.9
136.6
Crude
101.2
104.1
......._--------------.._-------------.... .._------------........- ....._--------------...-..---.. ... ....... _-------------_ ......._-------------------_.._----------------------------_..- ....._------------...._---------ContinuedN.A. = Not available.
Item
------
Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998 (cont.)
......
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Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, 1990-1998
"
"
"
"
"
"
1982=100
"
"
"
"
"
97.2
141.8
112.4
264.8
66.5
101.1
91.7
47.7
187.5
61.5
88.8
170.30
140.25
185.90
198.30
97.00
$/ton
"
"
"
"
"
"
"
"
44.00
30.30
28.00
33.16
32.00
21.91
46.10
53.75
59.00
29.91
35.08
15.00
93.00
126.00
4.38
36.10
6.72
13.60
Ct.llb.
$/ton
$/bu.
Ct./lb.
$/bu.
$/cwt
97.3
138.8
110.5
259.9
65.5
101.2
91.8
47.9
183.3
60.8
87.6
173.10
136.25
184.40
198.40
98.75
41.75
29.69
29.89
29.96
32.00
21.67
46.12
53.75
59.00
28.84
33.68
15.00
79.25
97.00
4.61
N.A.
6.71
15.10
116.2
263.3
66.8
101.2
91.4
49.0
185.6
61.8
88.5
174.00
127.20
182.00
195.40
N.A.
41.00
27.31
30.30
29.60
32.00
21.72
44.50
53.75
59.00
29.03
33.48
15.22
78.00
NA4.64
N.A.
6.73
15.00
117.6
256.4
65.5
99.3
91.8
48.7
180.8
60.6
86.5
166.25
125.50
176.40
188.90
N.A.
41.00
28.19
29.63
29.06
32.00
23.08
43.40
53.75
59.00
27.94
33.00
15.19
78.00
N.A.
4.60
N.A.
6.57
14.90
"
99.3
136.6
120.4
256.6
65.3
103.5
92.0
49.7
180.8
60.9
87.4
154.10
111.90
183.00
195.50
102.50
45.00
30.25
29.43
27.55
32.00
28.94
43.75
53.75
59.00
27.60
31.34
15.63
78.00
NA4.25
N.A.
6.72
14.30
June
1994
101.3
123.5
123.3
233.9
61.1
106.7
86.9
51.2
163.7
50.0
82.2
152.50
114.90
168.10
181.10
97.50
45.00
29.56
27.20
24.20
30.31
27.44
44.00
53.75
59.00
24.53
28.89
16.67
78.00
N.A.
4.28
NA
5.92
12.50
JUly
108.2
122.1
131.7
232.0
61.6
114.1
91.8
54.4
162.4
59.2
83.3
144.50
111.60
165.60
178.60
90.75
45.00
30.35
25.02
23.71
32.00
30.18
45.00
53.75
59.00
24.51
28.13
18.64
78.00
89.00
4.52
N.A.
5.58
12.30
Aug.
114.5
133.0
141.6
252.6
65.9
121.5
92.0
56.8
176.6
63.2
90.0
145.00
N.A.
162.50
174.50
85.00
45.00
30.63
24.87
24.51
32.00
32.15
43.10
53.75
59.00
26.11
28.13
19.50
78.00
101.00
4.54
30.30
5.47
10.70
Sept.
118.9
129.7
146.3
248.3
65.2
126.6
92.6
58.4
172.2
63.2
89.9
134.40
122.50
156.40
168.50
75.00
45.00
30.60
24.73
23.64
33.50
31.93
46.00
53.75
59.00
27.06
29.20
19.78
74.40
96.00
4.49
28.80
5.30
10.80
Oct.
140.3
141.5
152.8
270.4
69.6
150.3
104.1
64.0
188.2
69.1
100.0
114.20
95.60
145.40
156.90
52.50
45.00
33.69
24.75
25.50
35.00
36.83
53.80
53.75
59.00
30.61
30.63
22.48
60.00
104.00
4.71
25.40
5.41
10.30
Dec.
Continued--
124.0
141.3
146.3
268.1
69.1
131.3
100.9
59.1
187.8
66.7
95.9
120.50
110.00
150.90
161.30
69.50
45.00
34.19
24.75
24.85
35.00
34.95
50.88
53.75
59.00
29.84
29.40
20.38
60.00
107.00
4.51
25.60
5.36
10.60
Nov.
------------------------------------
117.6
259.6
65.9
98.2
90.6
48.5
182.9
60.8
87.1
157.75
125.00
191.10
193.75
105.00
46.00
29.45
29.48
29.66
32.00
26.27
44.25
53.75
59.00
29.10
33.53
15.25
78.00
N.A.
4.43
N.A.
6.77
15.50
May
97.3
95.7
94.6
138.5
140.3
136.7
--------.... ----_...._----------------------_ ... _----------------_..------------------------------.....-----------------N.A. = Not available.
Oilseeds:
Received by farmers, U.S.
Cottonseed
Flaxseed
Peanuts
Soybeans
Sunflowerseed
Fats and oils:
Wholesale
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Coconut oil, crude, tank cars, N.Y.
Corn oil, crude, tank cars, wet mill Chicago.
Cottonseed oil, crude, tank cars, f.o.b. Valley Points
Linseed oil, raw, tank cars, Minneapolis
Palm oil, refined, c.iJ., bulk, U.S. ports
Peanut oil, crude, tank cars f.o.b. Southeastern mills
Rapeseed oil, refined, denatured, tanks, N.Y.
Safflower oil, tanks, N.Y.
Soybean oil, crude, tank cars, f.o.b. Decatur
Sunflower oil, crude Minneapolis
Tallow, inedible, number 1, delivered, Chicago
Tung oil, imported, drums, f.o.b. N.Y.
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
Linseed meal, 36 percent protein, Minneapolis
Soybean meal, 44 percent protein, Decatur
Soybean meal, 49-50 percent protein, Decatur
Sunflower meal, 28 percent protein
Index numbers:
All fats and oils
All fats and oils, except butter
Group by origin:
Animal fats
Vegetable oils, domestic
Group by use:
Lard, refined
Edible fats and oils except butter and lard
Edible fats and oils including butter
Soap fats
Drying oils
other industrial:
Ail industrial
Crude
--------Item
Mar.
Unit
Jan.
Feb.
Apr
-----_....-----------------------------_......._---_...-----------------
-----------------------------------------------
--en
;;:
o'
CD
c
en
CD
0
::r
tll
CD
(J)
CD
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CD
CD
cr
0
0
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co
--
CD
CD
en,
()
Cl..
:J
tll
:J
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(J)
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(J)
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...
----------
_-----------------------_.....
_.._-----------
1995
--------------_...------------------
Nov.
Dec.
Item
June July
Aug.
Sept.
Oct.
Unit
Jan.
Feb.
Mar.
Apr.
May
----------------------------.._ - - - - - - - - - - - - - - - - - - - - - - - -.._------------_ ..... _------------------_._---------- ...
Oilseeds:
Received by farmers, U.S.
116.00
Cottonseed
100.00 100.00
99.00 114.00
N.A.
N.A.
N.A.
$lton
95.00
70.00
N.A.
N.A.
5.11
5.11
5.17
5.03
Flaxseed
5.10
5.03
5.11
5.21
$/bu.
4.76
4.94
5.13
4.91
29.50
28.60
Peanuts
N.A.
30.60
29.70
28.60
Ct./lb.
25.50
N.A.
N.A.
N.A.
N.A.
N.A.
6.76
Soybeans
5.90
5.83
5.98
6.15
6.40
5.51
5.55
5.56
5.68
5.47
5.40
$/bu.
11.00
10.80
10.60
Sunflowerseed
10.70
10.60
10.70
11.50
11.40
11.00
$/cwt
10.50
10.80
10.40
Fats and oils:
Wholesale
45.00
45.00
45.00
45.00
45.00
45.00
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Ct.llb.
45.00
45.00
45.00
45.00
45.00
45.00
33.69
35.63
35.00
36.00
37.88
Coconut oil, crude, tank cars, N.Y.
32.50
32.00
31.13
31.00
30.50
35.00
37.90
"
26.35
25.93
26.05
25.54
24.99
Corn oil, crude, tank cars, wet/dry mill Chicago.
28.17
27.30
26.42
26.61
27.38
28.01
27.26
"
26.10
30.26
28.61
27.61
26.27
Cottonseed oil, PBSY, Greenwood, MS
29.95
27.14
27.61
27.51
30.04
30.63
28.70
"
37.00
35.00
35.50
37.00
37.00
37.00
Linseed oil, raw, tank cars, Minneapolis
35.00
35.00
35.00
35.00
35.00
35.00
"
31.96
30.00
33.68
32.59
30.86
31.45
Palm oil, refined, c.iJ., bulk, U.S. ports
34.26
33.82
36.18
35.56
32.80
33.06
"
39.20
39.13
41.50
41.30
42.50
41.63
Peanut oil, crude, tank cars f.o.b. Southeastern mills
50.25
41.83
41.00
41.25
40.25
39.00
"
50.75
50.75
50.75
50.75
53.75
53.15
50.75
50.75
50.75
Rapeseed oil, refined, denatured, tanks, N.Y.
53.75
53.75
53.75
"
59.00
59.00
59.00
59.00
59.00
Safflower oil, tanks, N.Y.
59.00
59.00
59.00
59.00
59.00
"
59.00
59.00
26.56
26.26
26.57
25.42
24.76
Soybean oil, crude, tank cars, t.o.b. Decatur
28.33
26.30
26.00
26.78
27.60
"
29.04
28.15
26.25
25.98
28.69
27.47
27.41
27.49
Sunflower oil, crude Minneapolis
29.25
27.66
27.97
26.89
26.34
27.30
"
19.53
19.46
19.75
20.08
19.61
19.81
Tallow, inedible, number 1, delivered, Chicago
"
21.75
18.86
18.00
17.75
17.50
17.89
60.00
60.00
60.00
60.00
60.00
60.00
Tung oil, imported, drums, f.o.b. N.Y.
60.00
60.00
60.00
60.00
60.00
60.00
"
Oilmeals:
185.80
Cottonseed meal, 41 percent protein, solvent, Memphis
98.10
92.75 108.75 116.90 116.50 137.60 153.25 165.00
$/ton
106.75
97.50 100.30
143.75
92.50
95.00 112.50 131.00 151.67
Linseed meal, 36 percent protein, Minneapolis
82.40
85.25
90.00
94.40
85.00
85.00
"
213.60
Soybean meal, 44 percent protein, Decatur
"
145.10 149.40 145.70 151.00 148.10 149.10 160.10 157.50 171.75 183.40 194.10
223.60
156.40 151.30 156.90 161.90 159.10 160.40 170.45 166.70 180.99 193.90 204.10
Soybean meal, 49-50 percent protein, Decatur
"
82.88
99.00
122.50
60.90
62.38
73.75
83.75
N.A.
50.00
46.88
52.50
62.50
Sunflower meal, 28 percent protein
"
Index numbers:
1982=100
624.0
62.5
63.0
64.9
64.7
66.6
N.A.
68.4
65.9
66.1
63.0
61.5
All fats and oils
"
90.6
91.9 N.A.
89.5
All fats and oils, except butter
95.4
90.2
87.7
89.4
89.0
91.4
"
100.2
95.2
Group by origin:
59.7
57.1
56.0
57.2
59.8
61.2
61.4
63.8 N.A.
Animal tats
63.0
58.5
58.1
"
171.1
163.0
Vegetable oils, domestic
173.2
168.4
170.7
167.2
172.7
174.7 N.A.
"
186.3
184.5
186.0
Group by use:
175.9
135.9
137.3
147.7
159.3
159.3
151.7 N.A.
154.2
160.7
144.3
135.9
Lard, refined
"
235.2
246.3
239.7
248.3
246.1
250.8
N.A.
Edible fats and oils except butter and lard
269.9
268.1
269.0
248.8
241.3
"
66.6
68.9
62.6
63.1
64.3
64.1
66.7
N.A.
"
68.4
68.9
68.8
64.6
Edible fats and oils including butter
131.7
131.8
130.4
130.9 N.A.
1,363.0
128.0
124.1
125.7
"
152.9
125.1
127.5
Soap fats
102.1
108.3 N.A.
109.0
99.7
99.7
99.7
99.8
102.0
100.9
Drying oils
"
98.8
99.4
other industrial:
129.1
123.3
117.6
119.0
124.3
124.3
124.5 N.A.
All industrial
"
141.8
118.5
120.5
120.9
121.6
160.5 NA.
126.0
127.8
125.1
129.4
128.1
Crude
"
140.2
138.8
139.7
129.9
-------------- .. -----------------------------------------------------------------_..---------------------------------------------------....--------------------------------------------------------------------------------------------------------------------------Continued-N.A. = Not available.
-----------------
Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998 (cont.)
-------------------------------------.. _-------------------------------..
())
<.0
<.0
00
--'
eo
8'
c-
0("')
--
<.0
<.0
00
--'
C(>
5'
S-
0-
:::J
OJ
o'
:::J
2
el-
(j)
"0
<3
C
C/)
eo
:2
o'
eo
::T
C/)
eo
(j)
eo
OJ
0
:0
o'
:::J
m
("')
Table 41--Prices: Farm, wholesale, and index numbers of wholesale prices, by month, 1990-1998
Unit
Jan
Feb
Mar
Apr
May
June
July
Aug
Sept.
Oct.
Nov.
Dec.
------------------------------------------------------------------------------------------------------------------
------
..
..
..
..
..
1982=100
..
..
126.6
118.2
175.9
234.9
64.0
1,355.2
10.9
61.3
162.8
631.1
88.9
115.1
118.2
175.9
226.7
61.1
1,206.1
10.8
55.6
158.7
595.5
84.3
202.80
143.75
216.70
228.30
130.00
208.80
142.00
220.50
232.00
135.00
$/ton
..
..
41.50
36.63
24.30
24.35
37.00
26.52
36.00
50.75
59.00
23.49
24.23
17.00
60.00
120.00
5.18
N.A.
7.01
11.50
43.50
35.80
24.52
24.45
37.00
27.08
37.25
50.75
59.00
23.52
24.65
19.45
60.00
98.00
5.27
29.80
6.77
11.00
Ct./lb.
..
$/ton
$/bu.
Ct./lb.
$/bu.
$/cwt
112.2
115.4
175.9
221.3
60.1
1,174.1
10.8
55.0
155.1
583.9
82.4
195.60
155.00
215.70
226.57
123.50
41.50
36.75
24.34
24.25
37.00
26.33
36.60
50.75
59.00
23.60
24.28
17.03
64.00
NA
5.28
NA
7.00
11.90
175.9
234.7
62.7
1,187.0
10.8
55.4
164.5
605.0
86.0
220.00
174.00
237.90
249.30
133.00
41.50
38.75
26.60
26.77
37.00
27.52
39.25
50.75
59.00
25.70
25.63
17.54
64.00
N.A.
5.31
N.A.
7.43
12.50
149.6
249.7
67.4
1,317.2
10.9
61.6
174.1
149.6
242.2
73.6
1,325.8
10.9
73.9
168.2
700.8
90.1
192.20
178.75
227.90
238.80
135.00
191.25
177.00
232.30
244.30
137.00
654.3
91.8
41.50
42.25
25.66
27.94
37.00
25.43
43.00
50.75
59.00
24.95
25.72
19.50
64.00
N.A.
5.88
NA
7.41
14.30
41.50
39.50
27.98
28.46
37.00
28.57
42.80
50.75
59.00
26.50
26.38
19.37
64.00
N.A.
6.03
N.A.
7.69
13.60
160.1
230.6
73.9
1,339.6
10.8
78.6
159.3
704.8
87.6
201.56
174.00
242.30
252.50
135.00
41.50
41.80
25.46
28.25
37.00
24.78
43.00
50.75
59.00
24.10
24.58
20.98
64.00
N.A.
6.19
N.A.
7.62
13.60
162.8
233.5
74.8
1,477.4
10.9
82.7
160.5
726.4
91.0
193.10
170.00
251.10
261.20
126.25
41.50
42.80
24.33
27.81
37.20
24.46
42.60
50.75
59.00
24.00
24.90
22.40
64.00
118.00
6.15
N.A.
7.82
12.70
165.4
237.3
75.6
1,635.4
10.4
86.9
161.7
749.7
95.0
193.10
167.50
265.50
276.40
125.60
41.50
47.20
24.14
26.13
37.50
27.24
40.50
50.75
59.00
23.40
24.95
27.00
64.00
134.00
6.28
28.10
7.85
12.10
160.1
220.4
72.1
1,486.8
10.3
83.3
149.4
707.4
87.8
183.25
167.50
238.00
248.50
116.00
41.50
48.00
22.67
24.56
37.00
26.60
41.50
60.56
59.00
22.06
21.05
26.50
64.00
127.00
6.49
25.80
6.95
11.70
154.9
215.5
59.9
1,265.9
11.1
59.8
148.2
593.2
82.4
196.60
168.30
242.70
251.50
105.00
41.50
49.50
21.96
24.28
33.75
27.36
39.20
90.00
59.00
21.99
19.65
27.15
64.00
114.00
6.50
25.00
6.90
11.90
144.4
219.4
60.1
1,412.5
11.1
63.0
149.4
611.4
86.0
224.50
170.00
240.90
250.60
118.00
41.50
50.00
22.29
24.29
32.19
27.56
40.75
90.00
59.00
27.56
21.63
26.25
64.00
133.00
6.79
25.60
6.91
11.60
135.6
125.0
125.8
139.3
153.0
139.7
135.0
113.3
127.0
110.5
120.6
111.3
109.9
122.3
129.4
124.9
118.4
119.4
--------------_..----------_...---------------------------------------------------_....------.._-------------------------------------------_.......------------------------------------------_..---------_..... _-------_..-------------_.._-------Continued-N.A. = Not available.
Oilseeds:
Received by farmers, U.S.
Cottonseed
Flaxseed
Peanuts
Soybeans
Sunflowerseed
Fats and oils:
Wholesale
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Coconut oil, crude, tank cars, N.Y.
Corn oil, crude, tank cars, wet/dry mill Chicago.
Cottonseed oil, PBSY, Greenwood, MS
Linseed oil, raw, tank cars, Minneapolis
Palm oil, refined, c.iJ., bulk, U.S. ports
Peanut oil, crude, tank cars f.o.b. Southeastern mills
Rapeseed oil, refined, denatured, tanks, N.Y.
Safflower oil, tanks, N.Y.
Soybean oil, crude, tank cars, f.o.b. Decatur
Sunflower oil, crude Minneapolis
Tallow, inedible, number 1, delivered, Chicago
Tung oil, imported, drums, f.o.b. N.Y.
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
Linseed meal, 36 percent protein, Minneapolis
Soybean meal, 44 percent protein, Decatur
Soybean meal, 49-50 percent protein, Decatur
Sunflower meal, 28 percent protein
Index numbers:
All fats and oils
All fats and oils, except butter
Group by origin:
Animal fats
Vegetable oils, domestic
Group by use:
Lard, refined
Edible fats and oils except butter and lard
Edible fats and oils including butter
Soap fats
Drying oils
Other industrial:
Ail industrial
Crude
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Item
1996
-------------------------------------------------------------------------------------------------------------------------------------------------
c
en
0'
:<
en
CD
::r
(3
CD
OJ
en
CD
0'
::D
:::J
co
co
(Xl
-'
0-
0--0
8"
(Xl
co
co
-'
en,
()
0"
S-
c.
0
:::J
OJ
:::J
o'
e:~
en
en
"0
(3
()
oj:>,
--------
..
..
-1997
..
..
..
..
..
..
..
Item
Dec.
Unit
Jan
Feb
Mar
Apr
June
Aug.
Sept.
Oct.
Nov.
May
July
-----------Oilseeds:
Received by farmers, U.S.
Cottonseed
$/ton
132.00
128.00
113.00 119.00 124.00 122.00
NA.
NA.
NA.
112.00
NA.
NA.
Flaxseed
5.72
$/bu.
5.81
5.71
6.42
6.30
6.66
6.49
6.50
5.99
6.07
5.53
5.72
Peanuts
N.A.
27.10
25.40
23.60
26.90
Ct.llb.
24.30
N.A.
NA.
N.A.
N.A.
N.A.
NA.
Soybeans
6.71
$/bu.
7.38
7.25
6.72
6.50
6.85
7.13
7.97
8.23
8.40
8.16
7.52
Sunflowerseed
$/cwt
10.60
11.00
11.80
12.20
12.20
12.40
12.10
11.90
10.70
10.70
11.30
11.00
Fats and oils:
Wholesale
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Ct.llb.
41.50
41.50
41.50
41.50
41.50
41.50
41.50
41.50
41.50
41.50
41.50
41.50
Coconut oil, crude, tank cars, N.Y.
44.00
36.50
37.00
37.25
37.25
37.25
44.20
42.88
42.50
42.50
35.00
36.50
Corn oil, crude, tank cars, wet/dry mill Chicago.
23.97
25.15
25.20
26.28
23.39
24.38
24.60
24.66
24.82
25.34
25.36
26.25
Cottonseed oil, PBSY, Greenwood, MS
25.21
28.03
28.47
26.78
25.44
26.18
25.10
25.19
25.01
26.53
27.11
29.11
Linseed oil, raw, tank cars, Minneapolis
36.00
36.00
36.00
36.00
36.00
37.00
37.00
37.00
36.00
36.00
36.00
36.00
Palm oil, refined, c.iJ., bulk, U.S. ports
29.25
28.00
25.55
25.37
27.33
25.05
28.68
28.18
28.93
27.25
26.17
27.28
Peanut oil, crude, tank cars f.o.b. Southeastern mills
43.50
43.88
44.75
45.00
46.20
48.00
47.25
49.63
51.00
51.25
47.88
48.06
Rapeseed oil, refined, denatured, tanks, N.Y.
90.00
90.00
90.00
90.00
90.00
90.00
90.00
90.00
90.00
82.00
82.00
82.00
Safflower oil, tanks, N.Y.
59.00
59.00
59.00
59.00
59.00
59.00
59.00
59.00
59.00
59.00
59.00
59.00
Soybean oil, crude, tank cars, f.o.b. Decatur
22.88
24.31
25.08
22.45
22.41
23.29
23.17
23.68
22.97
21.89
22.06
25.73
Sunflower oil, crude Minneapolis
22.65
23.07
23.50
22.02
22.90
24.51
26.41
26.36
22.70
23.21
22.33
21.73
Tallow, inedible, number 1, delivered, Chicago
22.13
22.60
23.40
22.88
19.35
17.39
18.09
19.64
19.65
20.10
20.88
22.88
Tung oil, imported, drums, f.o.b. N.Y.
92.00
110.00 110.00 110.00 110.00
74.00
92.00
103.00
103.00
103.00
103.00
108.00
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
$/ton
183.75
192.00 189.10 189.10 190.50
207.20
189.10
197.25
193.75
190.30
170.75
176.25
Linseed meal, 36 percent protein, Minneapolis
165.00
156.25
163.30
168.00
188.30
126.25
136.70 140.60 161.25 150.50
171.25
124.00
Soybean meal, 44 percent protein, Decatur
265.70 216.00 231.60 214.90
240.70
253.60
270.40
277.70
296.00
275.90
261.50
261.60
Soybean meal, 49-50 percent protein, Decatur
249.20
262.40
280.50
288.60
306.40
273.30
278.30 229.30 245.30 222.50
287.90
273.56
Sunflower meal, 28 percent protein
96.90
125.00
137.50
121.70
124.00
120.00
106.25
84.00
85.00
89.20
88.10 100.00
Index numbers:
1982=100
..
All fats and oils
65.7
66.0
68.2
63.2
65.0
67.7
65.8
66.2
73.0
78.8
77.8
66.5
All fats and oils, except butter
95.1
99.1
91.1
89.2
90.1
83.9
89.4
89.8
88.6
86.6
88.6
99.6
Group by origin:
Animal fats
83.1
89.2
70.4
72.4
73.1
65.2
66.9
73.4
73.0
91.8
74.4
72.6
Vegetable oils, domestic
151.9
161.8
170.4
155.4
152.2
161.4
154.3
159.4
156.2
154.1
149.1
170.4
Group by use:
Lard, refined
144.4
162.8
162.8
154.9
147.0
154.9
160.1
160.1
157.5
160.1
160.1
160.1
Edible fats and oils except butter and lard
229.0
223.8
236.6
224.1
230.1
216.4
221.2
236.9
249.4
248.5
227.4
223.7
Edible fats and oils including butter
64.2
65.1
69.8
65.3
64.7
67.4
66.1
65.2
65.2
72.1
78.8
77.7
Soap fats
153.1
167.3
172.6
156.5
191.9
137.1
120.2
144.0
150.5
148.7
148.3
174.6
Drying oils
11.1
10.9
11.0
11.0
10.8
10.9
11.1
11.2
11.0
11.1
10.9
10.9
Other industrial:
All industrial
156.4
160.9
147.0
143.0
129.7
115.1
136.2
141.8
140.0
139.8
143.8
162.6
Crude
126.4
115.0
112.6
119.4
114.3
117.9
115.8
114.3
110.6
112.5
119.8
126.2
........---------..----------.._-------- ..... _---------.._---------_.._-------------------------------------------------..-..._------------------------------------------... __.._---------------------------------------..--------------------------------------------N.A. = Not available.
Continued--
------
Table 41--Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998 (cont.)
------------------
U1
(J)
ex>
)
)
0-
ex>
)
)
.....
C{'
o
soo
~
o
c-
:l
Pl
:l
e:
a
(J)
(f)
"0
(J)
--
o'
(1)
:<
(1)
:T
(J)
Pl
(1)
(f)
(1)
::IJ
o'
:l
o
o
3
m
n
Table 41-Prices: Farm, wholesale, and index numbers of wholesale prices, by month, U.S., 1990-1998
Unit
Jan
Feb
Mar
Apr
May
June
July
..
..
..
..
1982=100
..
139.1
253.4
77.5
134.9
10.8
127.8
130.8
149.4
125.9
78.0
176.1
74.0
93.9
154.9
245.8
71.3
159.5
10.9
75.9
169.3
71.6
96.1
139.10
121.25
182.10
192.75
75.87
153.10
130.00
193.10
202.80
90.00
$/ton
..
..
..
41.50
37.25
27.31
29.37
36.00
29.59
51.00
90.00
59.00
26.51
25.91
16.88
110.00
108.00
6.27
NA
6.57
11.90
41.50
37.25
26.04
27.69
36.00
29.30
51.60
90.00
59.00
25.10
25.75
18.20
110.00
122.00
5.86
24.70
6.69
11.10
CtJlb.
$/bu.
$/cwt
Ct./lb.
$/bu.
$/ton
134.1
135.2
141.8
259.1
77.2
142.1
10.8
76.6
181.5
74.5
96.6
128.70
116.25
165.30
174.20
72.60
41.50
37.25
28.50
30.46
36.00
30.53
51.00
90.00
59.00
27.09
26.51
17.58
110.00
NA
6.24
NA
6.40
12.00
128.3
138.5
147.0
264.1
78.3
135.7
10.6
75.2
185.4
74.7
97.0
116.25
102.50
152.75
162.50
64.90
41.50
37.25
30.93
32.47
36.00
32.10
50.00
90.00
59.00
28.10
28.50
17.70
110.00
NA
6.22
NA
6.26
12.60
146.5
143.4
147.0
276.0
82.6
156.4
10.7
83.7
192.4
80.0
103.5
105.00
96.25
150.30
160.00
66.90
41.50
37.25
33.20
31.33
37.00
35.20
47.20
90.00
59.00
28.27
31.06
20.35
100.00
NA
6.34
NA
6.26
13.80
151.1
130.6
149.6
252.3
81.9
161.6
10.8
91.7
175.0
80.0
98.1
126.00
100.00
157.80
168.60
88.30
48.00
37.00
32.82
30.22
37.00
31.11
45.50
90.00
59.00
31.68
28.40
19.63
100.00
NA
6.29
NA
6.15
14.40
17.57
100.00
17.31
100.00
131.1
126.3
144.4
240.9
83.4
138.8
10.8
92.2
168.9
79.0
91.2
134.5
120.4
149.6
230.7
83.9
138.8
10.8
97.7
161.2
79.8
89.2
130.30
104.40
135.70
146.25
85.00
N/Q
N/Q
145.62
117.50
173.30
183.40
97.50
48.00
35.50
29.93
30.11
37.00
32.33
43.75
90.00
59.00
23.99
113.00
5.45
NA
5.43
14.60
48.00
36.50
31.52
29.40
37.00
31.42
44.00
90.00
59.00
24.90
NA
6.17
NA
6.13
15.90
Aug.
128.9
131.4
149.6
250.4
97.6
142.6
10.8
112.6
176.2
89.8
93.4
N/Q
115.60
88.00
126.90
135.80
16.69
100.00
N/Q
48.00
36.50
29.25
33.26
37.00
33.14
43.88
90.00
59.00
25.13
113.00
5.27
27.70
5.15
12.40
Sept.
Oct.
Nov.
Dec.
-------------
Compiled from Chemical Marketing Reporter, Wall Street Journal, and reports of the Crop Reporting Board, Agricultural Marketing Service, and Bureau of Labor Statistics.
Oilseeds:
Received by farmers, U.S.
Cottonseed
Flaxseed
Peanuts
Soybeans
Sunflowerseed
Fats and oils:
Wholesale
Castor oil, No.1, Brazilian tanks, imported, N.Y.
Coconut oil, crude, tank cars, N.Y.
Com oil, crude, tank cars, wetldry mill Chicago.
Cottonseed oil, PBSY, Greenwood, MS
Linseed oil, raw, tank cars, Minneapolis
Palm oil, refined, c.i.f., bulk, U.S. ports
Peanut oil, crude, tank cars f.o.b. Southeastern mills
Rapeseed oil, refined, denatured, tanks, N.Y.
Safflower oil, tanks, N.Y.
Soybean oil, crude, tank cars, f.o.b. Decatur
Sunflower oil, crude Minneapolis
Tallow, inedible, number 1, delivered, Chicago
Tung oil, imported, drums, f.o.b. N.Y.
Oilmeals:
Cottonseed meal, 41 percent protein, solvent, Memphis
Linseed meal, 36 percent protein, Minneapolis
Soybean meal, 44 percent protein, Decatur
Soybean meal, 49-50 percent protein, Decatur
Sunflower meal, 28 percent protein
Index numbers:
All fats and oils
All fats and oils, except butter
Group by origin:
Animal fats
Vegetable oils, domestic
Group by use:
Lard, refined
Edible fats and oils except butter and lard
Edible fats and oils including butter
Soap fats
Drying oils
other industrial:
All industrial
Crude
--------------------------------------------------------------------------------------------------------------
Item
----------------------------------------------------------------------------
1998
--------------------------------------------------------------------------------
Table 42--Fats and oils: Domestic consumption in food products, U.S., 1975-1997
-------------------------------------------------------_........._------------------------------------------------------------------------------------------Butter
(actual weight)
Lard 1/
(direct use)
Tallow 2/
(direct use)
Margarine
(actual weight)
1,021
941
946
969
1,011
1,017
975
1,010
1,149
1,163
1,164
1,114
1,132
1,102
1,077
1,095
1,100
1,114
1,209
1,255
1,186
1,148
1,114
4.7
4.3
4.3
4.4
4.5
4.5
4.2
4.3
4.9
4.9
4.9
4.6
4.7
4.5
4.4
4.4
4.4
4.4
4.7
4.8
4.5
4.3
4.2
--------------------------------------------------------------------------------------------------------------------------------------
Baking or
frying fats
Salad or
cooking oils
-----------------------------
Total
Per
capita
Other edible
uses 11
---------------------------------
Total
Per
capita
--------------------------------Total
Per
capita
---------------------------------
Total
Per
capita
---------------_ ..._----------------------------------------------------------------------------------------------------------------------------Mil.lbs.
Lbs.
Mil.lbs.
Lbs.
Mil.lbs.
Lbs.
Mil.lbs.
Lbs.
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
3,666
3,861
3,796
3,970
4,139
4,137
4,250
4,322
4,334
5,031
5,465
5,318
5,194
5,270
5,309
5,559
5,650
5,722
6,487
6,293
5,914
5,911
5,604
17.0
17.7
17.2
17.8
18.4
18.2
18.5
18.6
18.5
21.3
22.9
22.1
21.4
21.5
21.5
22.2
22.4
22.4
25.1
24.1
22.5
22.3
20.9
3,860
17.9
428
2.0
12,049
55.8
4,243
19.5
445
2.0
12,729
58.3
19.1
422
4,207
1.9
12,430
56.4
4,484
20.1
453
2.0
12,914
58.0
4,690
20.8
377
1.7
13,390
59.5
4,837
21.2
343
1.5
13,740
60.3
5,008
21.8
320
13,906
1.4
60.5
5,080
21.9
374
1.6
14,240
61.3
5,524
23.6
365
1.6
14,773
63.1
5,319
22.5
404
1.7
15,271
64.6
5,620
23.6
375
1.6
16,081
67.5
5,871
24.4
404
1.7
16,298
67.7
6,222
25.6
316
1.3
16,076
66.2
6,448
26.3
318
1.3
16,298
66.5
6,040
24.4
313
1.3
15,767
63.8
291
6,195
24.8
1.2
16,460
65.9
6,743
26.7
321
1.3
17,279
68.4
6,946
27.2
367
1.4
17,991
70.4
6,907
26.8
451
1.7
18,938
73.3
6,846
26.3
426
1.6
18,639
71.5
7,066
26.9
434
1.6
18,315
69.6
26.1
361
6,934
1.4
18,187
68.6
7,689
28.7
1.1
297
18,264
68.2
-------------------------------------------------_ ...._-----_.. _-----------------------------------------------------------------------------------------NA Not available.
1/ Factory use as a proxy for domestic consumption in other edible products. 2/ Direct use is an ERS calculation.
66
Table 43--Fats and oils: Use in selected industrial products, U.S., 1975-1997
_..----------_ .. --------------------------------------------------------------------------------------------------------------------------------------------------Calendar
year
Fatty
acids
Soap
Animal
feeds
Paint
and
varnish
Resins
and
plastics
Lubricants
and
similar oils
Other
inedible
products
Total
use
1/
1,283
1,464
1,492
1,518
1,316
1,337
1,391
1,474
1,478
1,443
1,495
1,750
1,874
2,002
2,083
2,203
1,974
2,177
2,200
2,340
2,341
2,430
2,645
1,701
1,978
1,974
2,177
2,320
2,154
2,175
1,936
1,862
2,028
1,911
2,007
2,195
2,181
2,057
1,981
2,235
2,041
1,898
1,959
1,964
1,921
2,341
836
976
953
889
862
848
798
748
811
1,015
754
764
918
807
749
799
833
739
749
687
594
469
567
227
321
287
284
237
190
140
119
146
153
221
244
261
176
187
99
107
124
125
136
103
87
93
106
122
136
130
136
126
128
160
180
193
163
184
199
202
211
203
183
166
170
207
211
206
206
170
200
170
179
164
172
116
82
93
103
103
101
109
111
115
160
102
109
116
119
142
124
125
591
640
695
728
723
678
720
610
611
635
453
342
597
501
444
296
286
549
589
654
747
782
557
4,914
5,700
5,780
5,904
5,758
5,505
5,468
5,129
5,181
5,570
5,100
5,392
6,154
5,979
5,848
5,741
5,719
5,904
5,846
6,103
6,101
6,018
6,535
Table 44--Salad and cooking oils: Supply and disappearance, U.S., 1975-1997
-_..------------------------------------------------------------------------------------------------------------------------------------------------------------Supply
Disappearance
-----------------------------------------------------------------------------
Calendar
year
Stocks
Jan. 1
-------------------------------------------------------
Imports
Production
11
Total
Domestic
Exports
Total
Per
capita
----------.._----------------------------------------------------------------------------------------------------------------------------------------------------Million pounds
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
97
91
104
105
123
141
122
110
123
113
92
112
147
135
123
126
121
136
100
125
98
94
115
3,967
4,343
4,347
4,862
5,100
5,167
5,370
5,450
5,775
5,614
5,939
6,036
6,334
6,409
6,123
6,036
6,310
6,491
6,470
6,547
6,725
6,641
7,433
48
62
54
62
53
57
61
64
71
87
111
154
206
303
257
368
585
664
721
759
852
855
953
4,112
4,496
4,505
5,029
5,276
5,365
5,553
5,624
5,969
5,814
6,142
6,302
6,687
6,847
6,503
6,530
7,016
7,291
7,291
7,431
7,675
7,590
8,501
Lbs.
3,840
4,243
4,207
4,464
4,690
4,837
5,008
5,080
5,524
5,319
5,620
5,871
6,222
6,448
6,040
6,195
6,743
6,946
6,907
6,846
7,066
6,934
7,389
161
149
193
422
445
406
435
421
332
403
410
284
330
276
337
214
137
245
259
487
515
541
706
4,001
4,392
4,400
4,886
5,135
5,243
5,443
5,501
5,856
5,722
6,030
6,155
6,552
6,724
6,377
6,409
6,880
7,191
7,166
7,333
7,581
7,475
8,395
17.9
19.5
19.1
20.1
20.8
21.2
21.8
21.9
23.6
22.5
23.6
24.4
25.6
26.3
24.4
24.8
26.7
27.2
26.8
26.3
26.9
26.1
28.7
----------------------------------------------------------------------------------------------------------------------------------------------------------------1/lmport data in the table are revised to include olive oil and refined canola oil.
67
Table 45-Salad and cooking oils: Fats and oils used in manufacture, U.S., 1975-1997
---------------_ ...---------------------------------------------------------------------------------------Calendar
year
Soybean
Cottonseed
Corn
Peanut
Edible
rapeseed
Olive
Total
1/
48
62
54
62
59
58
59
64
71
87
105
114
140
179
157
213
218
253
267
278
251
248
360
4,028
4,412
4,412
4,924
5,100
5,167
5,320
5,450
5,775
5,689
6,000
6,068
6,381
6,499
6,189
6,143
6,366
6,546
6,511
6,580
6,744
6,717
7,450
432
380
398
446
403
460
380
416
415
378
384
403
405
642
666
460
427
374
352
285
251
242
248
3,031
3,349
3,325
3,825
4,060
4,042
4,308
4,383
4,680
4,563
4,749
4,761
5,094
4,918
4,542
4,662
4,832
4,931
4,974
5,218
5,473
5,508
6,192
281
294
288
297
317
350
385
352
403
474
515
484
490
580
636
636
577
586
554
423
429
432
364
100
150
199
146
96
148
100
136
157
119
110
136
153
169
179
139
126
171
158
D
D
D
D
0
0
0
0
0
0
0
0
0
0
D
D
D
D
D
D
D
D
90
316
227
209
301
----------------------------------------------------------------------------------------------------------
Table 46--Baking and frying fats: Supply and disappearance, U.S., 1975-1997
Disappearance
-----------------------------------------------------------------
-_ ....._------------_... _..._--_.................._............__...............
Calendar
year
Stocks
Jan. 1
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
134
125
128
113
107
132
131
120
133
131
129
127
137
139
145
119
116
147
101
95
90
106
81
Vegetable
oil
Animal
fat
Total
Total Domestic
supply
Exports
1/
Total
Per
capita
874
896
968
1,076
1,029
1,062
1,039
930
909
1,114
1,201
1,136
1,005
1,087
1,027
860
720
731
706
676
658
603
622
3,713
3,929
3,841
4,015
4,206
4,178
4,291
4,379
4,363
5,068
5,505
5,374
5,237
5,328
5,315
5,590
5,724
5,719
6,524
6,334
5,975
5,929
5,656
3,847
4,054
3,969
4,128
4,313
4,310
4,422
4,499
4,496
5,199
5,634
5,501
5,374
5,467
5,460
5,709
5,840
5,866
6,625
6,429
6,065
6,035
5,737
3,666
3,861
3,796
3,970
4,139
4,137
4,250
4,322
4,334
5,031
5,465
5,318
5,194
5,270
5,309
5,559
5,650
5,722
6,487
6,293
5,914
5,911
5,604
56
65
60
51
42
42
52
44
31
39
42
46
41
52
32
34
43
43
44
46
45
43
42
3,772
3,926
3,856
4,021
4,181
4,179
4,302
4,366
4,365
5,070
5,507
5,364
5,235
5,322
5,341
5,593
5,693
5,765
6,531
6,339
5,959
5,954
5,646
17.0
17.8
17.3
17.9
18.5
18.2
18.5
18.6
18.5
21.3
23.0
22.1
21.5
21.6
21.5
22.3
22.4
22.4
25.1
24.1
22.5
22.3
20.9
-------_.. _...._------_ ...._.. _-_ ... _---------------------------_..--_ ..... _---_ .._---------------------------------------------------------------11 Includes shipments to U.S. territories.
68
Table 47--Baking and frying fats: Fats and oils used in manufacture, U.S., 1975-1997
Soybean
Palm
Edible
tallow
Total
Lard
166
156
185
220
316
378
315
251
277
263
289
274
224
265
295
264
274
310
296
287
325
284
272
602
622
748
808
713
673
724
679
632
821
1,015
973
890
840
752
637
460
427
404
405
374
320
312
3,728
3,938
3,855
4,059
4,215
4,200
4,304
4,391
4,381
5,108
5,564
5,453
5,303
5,377
5,338
5,684
5,767
5,761
6,544
6,365
6,031
5,935
5,679
11
2,025
2,322
2,279
2,480
2,680
2,651
2,767
2,948
2,914
3,465
3,625
3,379
3,434
3,563
3,554
4,004
4,152
4,140
4,951
4,929
4,673
4,690
4,517
154
128
160
189
169
189
136
158
139
151
173
182
136
169
192
252
260
241
266
216
212
237
256
D
D
D
D
D
D
D
D
D
D
D
D
D
D
233
270
359
322
276
125
91
80
74
604
532
371
266
222
188
217
190
213
216
230
320
215
173
139
D
D
D
D
D
D
D
D
-- ..------.._--_.. _-----.._-----.._-----........---.._-----.._----------------... --.._---------------------------------------------D = Data withheld by Census to avoid disclosure of individual operations.
1/lncludes small quantities of other fats and oils.
Table 48--Margarine (actual weight): Supply, disappearance, and price, U.S., 1975-1997 1/
Per
capita
Price
21
----------------------------------------------------------------------------------------------------------------------_ .. _-----
-----------------------------------------Million pounds------------------------------1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
64
60
67
80
70
81
74
61
62
55
55
61
81
63
62
61
92
91
75
66
62
58
44
2,399
2,628
2,535
2,520
2,553
2,593
2,577
2,596
2,451
2,481
2,603
2,789
2,554
2,549
2,531
2,768
2,698
2,818
2,892
2,623
2,490
2,480
2,367
2,463
2,688
2,602
2,600
2,623
2,674
2,651
2,657
2,513
2,536
2,658
2,850
2,636
2,614
2,594
2,830
2,791
2,909
2,969
2,693
2,557
2,544
2,418
2,386
2,601
2,502
2,508
2,517
2,576
2,557
2,564
2,431
2,456
2,573
2,746
2,551
2,529
2,513
2,716
2,672
2,804
2,870
2,588
2,421
2,432
2,297
17
20
20
22
25
24
33
31
27
25
24
23
22
23
20
22
28
31
33
38
78
68
71
2,403
2,621
2,522
2,530
2,542
2,600
2,590
2,595
2,458
2,481
2,597
2,769
2,573
2,552
2,533
2,738
2,700
2,835
2,903
2,626
2,499
2,500
2,368
Lbs Centsflb.
11.1
12.0
11.5
11.4
11.3
11.4
11.3
11.1
10.4
10.5
10.9
11.5
10.6
10.4
10.2
10.9
10.7
11.0
11.2
10.0
9.4
9.3
8.7
38.71
37.50
38.93
39.73
41.02
38.81
37.44
38.35
39.45
45.59
47.33
35.35
36.85
48.31
49.12
54.41
55.44
41.10
3/
3/
3/
3/
3/
-----------------_ ..... _--------------............ _----_..._..- ......_--_............__...- ........._.........._-_..._..-----_.................._---------------------_ .......... _--_ ...... _... _----1/lncludes shipments to U.S. territories. 21 Yellow quarters, to.b. Chicago.
3/ Series discontinued.
69
--------------------------------------------------------------------_......._---...._------------Animal
Total
Calendar
fats 11
21
Corn
Soybean Cottonseed
year
-----------------------------------------_ ....-------------------------_.....__ .._-------- ..-------Million pounds
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997 31
1,568
1,671
1,585
1,593
1,643
1,653
1,685
1,718
1,549
1,544
1,628
1,741
1,615
1,619
1,573
1,749
1,853
1,926
2,013
1,793
1,684
1,694
1,65
46
51
44
42
25
25
25
21
34
26
8
24
28
NA
NA
NA
25
24
26
NA
NA
NA
NA
188
218
243
211
222
223
214
220
212
196
210
190
248
210
214
208
196
176
161
NA
NA
77
61
52
44
80
74
86
104
78
29
41
38
65
48
22
35
32
35
43
37
31
42
41
28
14
1,917
2,091
2,026
1,997
1,985
2,016
2,012
1,997
1,850
1,842
1,946
2,041
1,931
1,895
1,875
2,102
2,160
2,174
2,239
2,003
1,847
1,816
1,733
NA = Not available.
11 Includes lard and edible tallow. 21 Includes small quantities of other fats
and oils. 31 Preliminary.
_ _ _ _ _ _ 00 _ _ _ _ _ _ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
---------------------------------------------------------------------Million pounds--------------------------------------------1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
36
28
34
29
38
50
49
37
37
34
39
35
22
33
37
32
25
37
23
38
41
38
19
1,012
1,060
1,038
1,006
1,129
1,207
1,159
1,011
973
939
927
876
863
932
935
919
952
1,025
1,005
1,034
1,040
998
993
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3
3
2
3
3
1
1
1
1,048
1,088
1,072
1,035
1,167
1,257
1,208
1,048
1,010
973
966
911
885
965
972
954
980
1,065
1,031
1,074
1,082
1,038
1,013
932
873
861
877
1,021
1,116
1,021
908
887
845
826
785
745
801
830
832
822
905
879
897
920
917
901
88
181
182
120
96
92
150
103
89
89
105
104
107
127
110
97
121
137
114
137
124
101
90
1,020
1,054
1,043
997
1,117
1,208
1,171
1,011
977
934
931
889
852
928
940
929
943
1,041
993
1,034
1,044
1,018
991
688
638
557
530
569
589
573
586
488
491
426
417
441
433
442
468
429
426
449
598
585
606
615
4.3
4.0
3.9
3.9
4.5
4.9
4.4
3.9
3.8
3.6
3.5
3.2
3.1
3.3
3.4
3.3
3.3
3.5
3.4
3.4
3.5
3.5
3.4
30.9
17.8
21.3
23.2
25.6
20.7
20.3
N.A.
N.A.
28.2
19.6
13.7
14.8
16.3
14.1
13.3
13.5
13.3
15.4
17.5
20.3
21.9
23.4
NA = Not available.
11 ERS estimate after 1989, Census ended publication of lard production in July 1989. 21 Loose, average wholesale, tanks, Chicago.
70
Table 51--Butter (actual weight): Supply, disappearance, and price, U.S., 1975-1997
--_ ..---- .... -------_ ... ---------_ ..---- ....------------------------------------------------------------_... ----------------- ...--------------------------Disappearance
Supply
-------------------------------------------------------------------------------------------------------------------------
Calendar
year
Stocks Production
Jan. 1
Imports
Total
Total
Per
capita
Price
1/
-------------------- .. _..-------------------------------------------------------------------------------------------------------------------------
--------------------------------------------Million pounds----------------------------------------------1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
49
11
47
185
207
178
305
429
467
500
310
217
252
147
215
275
417
550
455
244
80
19
13
984
979
1,086
994
985
1,145
1,228
1,257
1,299
1,103
1,248
1,202
1,104
1,207
1,295
1,302
1,336
1,365
1,315
1,296
1,264
1,174
1,151
2
2
2
2
2
2
3
3
3
3
4
4
5
5
5
5
5
4
4
3
4
11
12
1,035
992
1,135
1,181
1,194
1,325
1,536
1,689
1,769
1,606
1,562
1,423
1,361
1,359
1,515
1,582
1,758
1,919
1,774
1,543
1,348
1,204
1,176
3
4
4
5
5
3
132
212
120
133
181
57
82
42
163
70
108
308
321
208
143
42
41
1,021
941
946
969
1,011
1,017
975
1,010
1,149
1,163
1,164
1,114
1,132
1,102
1,077
1,095
1,100
1,114
1,209
1,255
1,186
1,148
1,114
1,024
945
950
974
1,016
1,020
1,107
1,222
1,269
1,296
1,345
1,171
1,214
1,144
1,240
1,165
1,208
1,422
1,530
1,463
1,329
1,190
1,155
Lb.
4.7
4.3
4.3
4.4
4.5
4.5
4.2
4.3
4.9
4.9
4.9
4.6
4.7
4.5
4.4
4.4
4.4
4.4
4.7
4.8
4.5
4.3
4.2
$/Ib.
0.79
0.92
0.98
1.10
1.22
1.39
1.48
1.48
1.47
1.49
1.40
1.45
1.40
1.32
1.28
1.02
0.99
0.83
0.74
0.67
0.76
1.00
------------------------------------------------------------------------------------------------------------------------------------------------
Supply
Disappearance
---------------------------------------------------------
Calendar
year
Stocks
Jan. 1
Production
Imports
Total
----------------------------------------------------------
Domestic
Exports
Total
Direct
use
Per capita
domestic
disappearance
Price
1/
--------------------------------------------------------------------------------------------------------------------------------------------------------------
33
38
48
42
55
57
56
54
59
43
69
41
33
40
48
38
37
39
33
33
36
43
33
513
535
598
835
905
1,043
1,130
1,110
1,260
1,340
1,611
1,523
1,258
1,296
1,167
1,207
1,251
1,527
1,425
1,557
1,536
1,520
1,488
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
6
11
8
12
16
18
5
6
546
573
645
877
960
1,100
1,186
1,164
1,319
1,386
1,647
1,564
1,291
1,336
1,216
1,251
1,299
1,574
1,470
1,606
1,590
1,568
1,527
506
492
587
802
811
926
958
992
1,119
1,237
1,477
1,407
1,115
1,043
830
802
827
1,042
974
1,043
1,091
1,123
964
2
34
16
20
50
88
142
75
107
54
80
62
65
139
202
270
285
333
310
295
279
218
185
208
526
603
822
903
1,044
1,132
1,105
1,273
1,350
1,606
1,531
1,251
1,288
1,177
1,214
1,260
1,541
1,437
1,570
1,547
1,535
1,475
NA
NA
NA
NA
87
241
223
303
482
407
458
428
220
198
73
136
364
613
565
632
710
796
648
Lbs.
Centsllb.
2.3
2.3
2.7
3.6
3.8
4.1
4.2
4.3
4.8
5.2
6.2
5.8
4.6
4.3
3.4
3.2
3.3
4.1
3.8
4.0
4.1
4.2
3.6
NA
NA
NA
22.80
26.20
21.60
30.30
NA
NA
28.74
20.14
13.49
15.60
17.86
15.76
14.62
14.25
15.54
16.2
18.42
21.35
22.03
23.23
71
1993/94
1994/95
1995/96
1996/97
1997/98
1998/99 1/
117.34
31.60
23.11
21.28
25.31
4.92
3.99
117.83
29.49
25.23
20.83
26.80
4.97
4.25
137.73
32.90
27.20
23.48
30.38
5.48
4.62
124.98
35.93
27.14
25.89
34.52
5.03
4.99
131.73
34.36
28.44
23.91
31.61
5.82
5.32
156.09
34.69
27.14
23.91
34.28
5.51
5.18
156.39
33.05
27.61
26.46
36.35
5.38
5.58
227.55
229.40
261.80
258.49
261.19
286.79
290.81
1/ Forecast.
1992/93
1993/94
1994/95
1995/96
1996/97
1997/98 1998/99 1/
17.22
13.04
7.37
8.40
3.67
3.60
3.10
1.80
1.19
1.74
18.25
13.76
7.08
9.04
3.38
3.94
3.09
1.76
1.52
1.88
19.76
14.94
8.21
10.10
3.73
4.23
3.41
1.77
1.41
2.17
20.18
16.21
8.98
11.37
4.15
4.15
3.08
1.44
1.41
2.17
20.68
17.59
8.59
10.86
3.88
4.50
3.58
2.30
1.19
2.31
22.84
16.97
8.46
11.65
3.79
4.21
3.40
2.35
0.89
2.27
23.15
18.16
9.06
12.23
3.77
4.40
3.34
2.40
1.24
2.42
61.12
63.69
69.56
73.15
75.48
76.84
80.16
1995/96
1996/97
--------------------------------..._______00_...____-------_________......___............_______________________________________________________
1/ Forecast.
1992/93
1993/94
1994/95
1997/98
1998/99 1/
76.45
11.46
14.00
8.61
5.90
5.11
1.64
2.04
81.28
10.67
14.85
8.38
7.16
5.46
1.68
2.25
87.20
11.74
16.53
9.50
6.59
5.99
1.87
2.40
89.10
13.10
18.56
10.12
6.50
5.73
1.69
2.60
91.81
12.23
18.02
9.94
6.41
6.17
1.96
2.78
100.10
11.86
19.05
9.83
5.10
5.53
1.87
2.71
101.86
11.74
19.83
10.33
6.44
5.80
1.84
2.89
125.20
131.71
141.12
147.40
149.32
156.05
160.72
72