STAT Communications Ag Market News

USDA Oilseed Crushings, Production, Consumption

Soybean Crushing, Production, Consumption and Stocks - United States: October 2016 with Comparisons
------------------------------------------------------------------------------------------------------------
                            Item                            : October 2015  :September 2016 : October 2016
------------------------------------------------------------------------------------------------------------
Crush                                                       :
Soybeans crushed........................................tons:   5,104,010       4,148,008       5,276,415
Crude oil produced..............................1,000 pounds:   1,962,937       1,616,609       2,028,518
Cake and meal produced..................................tons:   3,742,412       3,042,315       3,830,125
  For animal feed.......................................tons:   3,684,955       2,999,215       3,767,699
  For edible protein products...........................tons:      57,457          43,100          62,426
Millfeed produced.......................................tons:     258,909         215,143         273,917
                                                            :
Refine                                                      :
Crude oil processed in refining.................1,000 pounds:   1,610,904       1,397,555       1,580,814
Once refined oil produced.......................1,000 pounds:   1,575,910       1,368,461       1,542,749
                                                            :
Consumption                                                 :
Crude oil removed for inedible use in processing1,000 pounds:         (D)         132,793             (D)
Once refined oil removed for use in processing..1,000 pounds:   1,530,330       1,388,248       1,579,541
  Removed for edible use in processing..........1,000 pounds:   1,258,068       1,101,371       1,238,448
  Removed for inedible use in processing........1,000 pounds:     272,262         286,877         341,093
                                                            :
Stocks                                                      :
Cake and meal on hand end of month......................tons:     360,253         233,715         335,413
Millfeed on hand end of month...........................tons:      33,515          30,171          42,212
Crude oil on hand end of month..................1,000 pounds:   1,569,861       1,417,400       1,437,483
  Crusher.......................................1,000 pounds:     747,770         600,477         592,330
  Refiner.......................................1,000 pounds:     270,002         259,927         317,449
  Offsite.......................................1,000 pounds:     552,089         556,996         527,704
Once refined oil on hand end of month...........1,000 pounds:     370,508         269,413         357,828
------------------------------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
Soybean Crushing - Regional: October 2016 with Comparisons
-------------------------------------------------------------------------------------------------
                            :                          Soybeans crushed
                            :--------------------------------------------------------------------
           Region           :     October 2015     :    September 2016    :     October 2016
-------------------------------------------------------------------------------------------------
                            :                                tons
                            :
Illinois....................:        555,931               451,253                 635,958
Iowa........................:      1,085,673               970,697               1,135,222
North and East 1/ ..........:      1,251,197               985,484               1,260,422
North Central 2/ ...........:        745,497               592,748                 712,934
South, West and Pacific 3/ .:        656,450               495,385                 653,604
West Central 4/ ............:        809,262               652,441                 878,275
-------------------------------------------------------------------------------------------------
                            :                         Crude oil produced
                            :--------------------------------------------------------------------
           Region           :     October 2015     :    September 2016    :     October 2016
-------------------------------------------------------------------------------------------------
                            :                            1,000 pounds
                            :
Illinois....................:        215,171               174,081                 251,934
Iowa........................:        414,237               372,202                 432,983
North and East 1/ ..........:        478,700               384,123                 487,728
North Central 2/ ...........:        288,655               239,857                 269,439
South, West and Pacific 3/ .:        255,682               190,805                 252,391
West Central 4/ ............:        310,492               255,541                 334,043
-------------------------------------------------------------------------------------------------
                            :                    Crude oil stocks at crusher
                            :--------------------------------------------------------------------
           Region           :     October 2015     :    September 2016    :     October 2016
-------------------------------------------------------------------------------------------------
                            :                            1,000 pounds
                            :
Illinois....................:         83,246                77,781                  99,942
Iowa........................:        109,952               112,590                  98,398
North and East 1/ ..........:        232,422               155,045                 123,690
North Central 2/ ...........:        191,806               156,933                 177,382
South, West and Pacific 3/ .:         64,052                54,250                  48,539
West Central 4/ ............:         66,292                43,878                  44,379
-------------------------------------------------------------------------------------------------
                            :                       Cake and meal produced
                            :--------------------------------------------------------------------
           Region           :     October 2015     :    September 2016    :     October 2016
-------------------------------------------------------------------------------------------------
                            :                                tons
                            :
Illinois....................:        398,012               327,487                 459,827
Iowa........................:        797,408               714,785                 826,937
North and East 1/ ..........:        917,687               721,657                 914,440
North Central 2/ ...........:        556,667               436,066                 524,593
South, West and Pacific 3/ .:        477,898               357,654                 471,436
West Central 4/ ............:        594,740               484,666                 632,892
-------------------------------------------------------------------------------------------------
                            :                        Cake and meal stocks
                            :--------------------------------------------------------------------
           Region           :     October 2015     :    September 2016    :     October 2016
-------------------------------------------------------------------------------------------------
                            :                                tons
                            :
Illinois....................:         51,288                43,807                  69,516
Iowa........................:         69,455                48,268                  68,084
North and East 1/ ..........:         95,336                51,805                  62,601
North Central 2/ ...........:         31,603                23,354                  35,370
South, West and Pacific 3/ .:         66,479                35,939                  51,815
West Central 4/ ............:         46,092                30,542                  48,027
-------------------------------------------------------------------------------------------------
1/ North and East includes Indiana, Kentucky, Maryland, Ohio, Pennsylvania and Virginia.
2/ North Central includes Michigan, Minnesota, North Dakota and South Dakota.
3/ South, West, and Pacific includes Alabama, Arkansas, California, Georgia, Louisiana, North
   Carolina and South Carolina.
4/ West Central includes Kansas, Missouri and Nebraska.
Selected Oilseed Crushing, Production, Consumption and Stocks - United States: October 2016 with Comparisons
----------------------------------------------------------------------------------------------------------------
                              Item                              : October 2015  :September 2016 : October 2016
----------------------------------------------------------------------------------------------------------------
Canola                                                          :
Crush                                                           :
  Seeds crushed.............................................tons:     99,117         213,176         214,747
  Crude oil produced................................1,000 pounds:     81,606         183,019         178,791
  Cake and meal produced....................................tons:     55,587         120,435         122,247
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:     85,389         176,680         173,485
  Once refined oil produced.........................1,000 pounds:     82,822         173,184         168,687
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:        (D)             (D)             (D)
  Once refined oil removed for use in processing....1,000 pounds:     86,736         160,876         172,369
    Removed for edible use in processing............1,000 pounds:     86,736             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:          -             (D)             (D)
Stocks                                                          :
  Cake and meal on hand end of month........................tons:        (D)             (D)             (D)
  Crude oil on hand end of month....................1,000 pounds:        (D)             (D)             (D)
  Once refined oil on hand end of month.............1,000 pounds:     57,349          52,783          52,301
                                                                :
Cottonseed                                                      :
Crush                                                           :
  Seeds crushed.............................................tons:    123,060         119,113         141,590
  Crude oil produced................................1,000 pounds:     37,719          37,298          42,003
  Cake and meal produced....................................tons:     58,556          54,805          63,853
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:     50,383          38,286          54,637
  Once refined oil produced.........................1,000 pounds:     48,556          37,235          49,851
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:          -               -               -
  Once refined oil removed for use in processing....1,000 pounds:     50,839          40,747          39,122
    Removed for edible use in processing............1,000 pounds:        (D)             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:        (D)             (D)             (D)
Stocks                                                          :
  Cake and meal on hand end of month........................tons:     44,836          19,676          29,753
  Crude oil on hand end of month....................1,000 pounds:        (D)             (D)             (D)
  Once refined oil on hand end of month.............1,000 pounds:     46,670          41,547          47,611
                                                                :
Coconut                                                         :
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:     40,128          40,421          33,031
  Once refined oil produced.........................1,000 pounds:     38,908          40,199          32,796
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:        (D)             (D)             (D)
  Once refined oil removed for use in processing....1,000 pounds:     62,046          83,491          77,971
    Removed for edible use in processing............1,000 pounds:        (D)          39,082             (D)
    Removed for inedible use in processing..........1,000 pounds:        (D)          44,409             (D)
Stocks                                                          :
  Crude oil on hand end of month....................1,000 pounds:    112,588             (D)             (D)
  Once refined oil on hand end of month.............1,000 pounds:     30,512          62,791          60,304
                                                                :
Corn                                                            :
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:        (S)             (S)             (S)
  Once refined oil produced.........................1,000 pounds:        (S)             (S)             (S)
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:        (S)             (S)             (S)
  Once refined oil removed for use in processing....1,000 pounds:        (S)             (S)             (S)
    Removed for edible use in processing............1,000 pounds:        (S)             (S)             (S)
    Removed for inedible use in processing..........1,000 pounds:        (S)             (S)             (S)
Stocks                                                          :
  Crude oil on hand end of month....................1,000 pounds:        (S)             (S)             (S)
  Once refined oil on hand end of month.............1,000 pounds:        (S)             (S)             (S)
----------------------------------------------------------------------------------------------------------------
See footnote(s) at end of table.                                                                     --continued
Selected Oilseed Crushing, Production, Consumption and Stocks - United States: October 2016 with
Comparisons (continued)
----------------------------------------------------------------------------------------------------------------
                              Item                              : October 2015  :September 2016 : October 2016
----------------------------------------------------------------------------------------------------------------
Olives                                                          :
Crush                                                           :
  Crushed for oil...........................................tons:        (D)               -             (D)
  Virgin oil produced...............................1,000 pounds:        (D)               -             (D)
Refine                                                          :
  Refined oil produced..............................1,000 pounds:        (D)             (D)             (D)
Consumption                                                     :
  Refined oil removed for use in processing.........1,000 pounds:        (D)             (D)             (D)
    Removed for edible use in processing............1,000 pounds:        (D)             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:          -             (D)             (D)
Stocks                                                          :
  Virgin oil on hand end of month...................1,000 pounds:        (D)             (D)             (D)
  Refined oil on hand end of month..................1,000 pounds:        (D)             (D)             (D)
                                                                :
Palm kernel                                                     :
Consumption                                                     :
  Once refined oil removed for use in processing....1,000 pounds:     41,397          35,833          33,815
    Removed for edible use in processing............1,000 pounds:        (D)             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:        (D)             (D)             (D)
Stocks                                                          :
  Once refined oil on hand end of month.............1,000 pounds:     90,368          94,899          92,566
                                                                :
Palm                                                            :
Consumption                                                     :
  Once refined oil removed for use in processing....1,000 pounds:    194,332         188,248         199,986
    Removed for edible use in processing............1,000 pounds:    184,030         178,212         189,507
    Removed for inedible use in processing..........1,000 pounds:     10,302          10,036          10,479
Stocks                                                          :
  Once refined oil on hand end of month.............1,000 pounds:    379,381         417,024         397,208
                                                                :
Peanut                                                          :
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:     35,971          29,473          33,797
  Once refined oil produced.........................1,000 pounds:     33,210          25,432          30,019
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:        (D)             (D)             (D)
  Once refined oil removed for use in processing....1,000 pounds:     30,347          25,739          33,259
    Removed for edible use in processing............1,000 pounds:        (D)             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:        (D)             (D)             (D)
Stocks                                                          :
  Crude oil on hand end of month....................1,000 pounds:     12,062             (D)             (D)
  Once refined oil on hand end of month.............1,000 pounds:        (D)             (D)             (D)
                                                                :
Sunflower                                                       :
Refine                                                          :
  Crude oil processed in refining...................1,000 pounds:     44,642          41,182          53,794
  Once refined oil produced.........................1,000 pounds:     42,502          38,730          50,979
Consumption                                                     :
  Crude oil removed for inedible use in processing..1,000 pounds:        (D)             232           2,877
  Once refined oil removed for use in processing....1,000 pounds:     37,260          40,023          45,265
    Removed for edible use in processing............1,000 pounds:        (D)             (D)             (D)
    Removed for inedible use in processing..........1,000 pounds:        (D)             (D)             (D)
Stocks                                                          :
  Crude oil on hand end of month....................1,000 pounds:     54,688          47,449          49,771
  Once refined oil on hand end of month.............1,000 pounds:     25,967          28,307          42,424
                                                                :
Vegetable foots, raw and acidulated                             :
Refine                                                          :
  Oil produced......................................1,000 pounds:     25,188             (D)             (D)
Consumption                                                     :
  Oil removed for inedible use in processing........1,000 pounds:     26,224             (D)             (D)
Stocks                                                          :
  Oil on hand end of month..........................1,000 pounds:     11,286             (D)             (D)
----------------------------------------------------------------------------------------------------------------
-   Represents zero.
(D) Withheld to avoid disclosing data for individual operations.
(S) Insufficient number of reports to establish an estimate.
Animal Fats and Oils Production, Consumption and Stocks - United States: October 2016 with Comparisons
------------------------------------------------------------------------------------------------------------
                            Item                            : October 2015  :September 2016 : October 2016
------------------------------------------------------------------------------------------------------------
                                                            :                 1,000 pounds
                                                            :
Choice white grease                                         :
  Production................................................:    114,187         112,216         116,183
  Removed for inedible use..................................:    115,087         110,832         115,514
  Stocks on hand end of month...............................:     11,338          13,077          13,914
Fatty acids                                                 :
  Production................................................:        (S)             (S)             (S)
  Stocks on hand end of month...............................:        (S)             (S)             (S)
Feather meal                                                :
  Production................................................:     91,910          96,961          93,992
  Stocks on hand end of month...............................:     19,777          18,460          23,806
Glycerin, crude                                             :
  Production................................................:        (S)             (S)             (S)
  Processed in refining.....................................:        (S)             (S)             (S)
  Stocks on hand end of month...............................:        (S)             (S)             (S)
Glycerin, refined                                           :
  Production................................................:        (S)             (S)             (S)
  Stocks on hand end of month...............................:        (S)             (S)             (S)
Lard                                                        :
  Production................................................:     29,825          30,362          33,270
  Removed for use in processing.............................:     28,841          29,845          33,841
    Removed for edible use in processing....................:        (D)             (D)             (D)
    Removed for inedible use in processing..................:        (D)             (D)             (D)
  Stocks on hand end of month...............................:      6,676           9,144           7,255
Meat meal, meat and bone meal, and dry rendered tankage     :
  Production................................................:    466,020         489,606         491,089
  Stocks on hand end of month...............................:     60,677          56,741          54,250
Other grease                                                :
  Production................................................:     57,552          60,357          78,086
  Removed for inedible use in processing....................:     68,165          62,161          86,208
  Stocks on hand end of month...............................:        (D)             (D)             (D)
Poultry fats                                                :
  Production................................................:    202,707         209,206         197,480
  Removed for inedible use in processing....................:    203,971         211,536         196,654
  Stocks on hand end of month...............................:     18,546          22,649          23,470
Poultry by-product meals                                    :
  Production................................................:    235,528         259,234         250,062
  Stocks on hand end of month...............................:     54,488          57,767          64,897
Tallow, edible                                              :
  Production................................................:     83,526          68,841          67,281
  Removed for use in processing.............................:     88,788          69,200          71,007
    Removed for edible use in processing....................:        (D)             (D)             (D)
    Removed for inedible use in processing..................:        (D)             (D)             (D)
  Stocks on hand end of month...............................:     23,112          17,062          15,230
Tallow, inedible                                            :
  Production................................................:    275,016         310,898         284,467
  Removed for inedible use in processing....................:    271,842         310,377         285,635
  Stocks on hand end of month...............................:     94,478          84,911          93,615
Tallow, technical                                           :
  Production................................................:     82,800         103,861         110,249
  Removed for inedible use in processing....................:     89,169         111,198         118,756
  Stocks on hand end of month...............................:     13,261          13,136          12,207
Yellow grease                                               :
  Production................................................:    151,888         183,125         153,330
  Removed for inedible use in processing....................:    159,747         178,108         160,300
  Stocks on hand end of month...............................:     75,133          89,281          80,907
------------------------------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
(S) Insufficient number of reports to establish an estimate.

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.