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World Soybean Oil Supply and Use -- May 2007
World Soybean Oil Supply and Use 1/
(Million Metric Tons)
===============================================================================
: Supply : Use :
:=========================:===================: Ending
Region : : : : : : stocks
:Beginning:Produc-: : Total : :
: stocks : tion :Imports: Domestic: Exports :
===============================================================================
:
: 2006/07 (Projected)
World 2/ :
April : 2.88 35.92 9.81 35.72 10.13 2.76
May : 2.88 35.82 9.79 35.57 10.15 2.77
United States :
April : 1.37 9.07 0.01 8.51 0.68 1.27
May : 1.37 9.10 0.01 8.46 0.68 1.34
Total foreign :
April : 1.51 26.85 9.80 27.21 9.45 1.49
May : 1.51 26.72 9.78 27.11 9.47 1.43
Major exporters 3/ :
April : 0.83 14.53 0.95 6.95 8.47 0.90
May : 0.83 14.55 0.95 6.94 8.49 0.90
Argentina Apr : 0.33 6.60 0.00 0.61 6.02 0.30
May : 0.33 6.53 0.00 0.54 6.02 0.30
Brazil Apr : 0.31 5.45 0.03 3.20 2.20 0.39
May : 0.31 5.45 0.03 3.20 2.20 0.39
EU-27 May : 0.19 2.57 0.92 3.21 0.27 0.20
Major importers 4/ :
April : 0.36 7.84 3.57 11.32 0.13 0.31
May : 0.36 7.70 3.57 11.23 0.12 0.27
China Apr : 0.20 6.70 1.70 8.26 0.13 0.22
May : 0.20 6.56 1.70 8.17 0.12 0.18
India Apr : 0.15 1.14 1.85 3.05 0.01 0.08
May : 0.15 1.14 1.85 3.05 0.01 0.08
Pakistan Apr : 0.00 0.00 0.02 0.02 0.00 0.00
May : 0.00 0.00 0.02 0.02 0.00 0.00
:
: 2005/06 (Estimated)
World 2/ : 2.83 34.26 9.06 33.44 9.83 2.88
United States : 0.77 9.25 0.02 8.15 0.52 1.37
Total foreign : 2.06 25.01 9.05 25.30 9.31 1.51
Major exporters 3/ : 0.99 13.72 0.74 6.28 8.35 0.83
Argentina : 0.34 5.95 0.00 0.37 5.60 0.33
Brazil : 0.45 5.35 0.03 3.05 2.47 0.31
EU-27 : 0.20 2.42 0.71 2.86 0.28 0.19
Major importers 4/ : 0.64 7.12 3.22 10.51 0.11 0.36
China : 0.25 6.15 1.52 7.61 0.11 0.20
India : 0.39 0.97 1.68 2.88 0.01 0.15
Pakistan : 0.01 0.00 0.02 0.02 0.00 0.00
:
: 2004/05
World 2/ : 2.24 32.45 8.93 31.66 9.12 2.83
United States : 0.49 8.78 0.01 7.91 0.60 0.77
Total foreign : 1.75 23.66 8.91 23.75 8.52 2.06
Major exporters 3/ : 0.95 13.18 0.18 5.62 7.70 0.99
Argentina : 0.40 5.09 0.00 0.40 4.76 0.34
Brazil : 0.37 5.55 0.00 3.05 2.41 0.45
EU-27 : 0.18 2.55 0.18 2.17 0.53 0.20
Major importers 4/ : 0.44 6.32 3.82 9.90 0.05 0.64
China : 0.34 5.42 1.73 7.20 0.04 0.25
India : 0.10 0.90 2.03 2.63 0.01 0.39
Pakistan : 0.01 0.00 0.06 0.06 0.00 0.01
===============================================================================
1/ Data based on local marketing years except for Argentina and Brazil which
are adjusted to an October-September year. 2/ World imports and exports may
not balance due to differences in local marketing years and to time lags
between reported exports and imports. Therefore, world supply may not equal
world use. 3/ Argentina, Brazil and EU. 4/ India, China and Pakistan.
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