USDA World Oilseed Supply-Demand Outlook - April 2018

                 World and U.S. Supply and Use for Oilseeds  1/
                              (Million Metric Tons)
================================================================================
                                          Total                 Total     Ending
Commodity                     Output     Supply      Trade    Use  2/     Stocks
================================================================================
                                      World
Oilseeds
    2015/16                   521.53     614.95     153.34     446.19      91.03
    2016/17 (Est.)            574.94     665.97     170.69     470.72     108.75
    2017/18 (Proj.)
                      Mar     574.50     683.14     174.66     489.19     107.30
                      Apr     568.81     677.57     174.09     488.66     103.84
Oilmeals
    2015/16                   306.26     323.90      86.83     303.26      16.87
    2016/17 (Est.)            321.53     338.40      88.39     318.83      16.13
    2017/18 (Proj.)
                      Mar     335.29     350.96      90.84     332.11      14.67
                      Apr     334.27     350.40      89.36     331.45      15.14
Vegetable Oils
    2015/16                   176.88     201.45      73.53     177.46      21.11
    2016/17 (Est.)            189.28     210.38      81.18     184.45      19.99
    2017/18 (Proj.)
                      Mar     197.78     217.73      81.03     191.63      21.21
                      Apr     198.23     218.23      80.94     191.60      21.22
                                  United States
Oilseeds
    2015/16                   115.88     123.76      53.96      55.05       6.87
    2016/17 (Est.)            126.93     135.30      60.28      56.26       9.60
    2017/18 (Proj.)
                      Mar     131.31     142.33      57.46      57.78      16.92
                      Apr     131.31     142.33      57.46      58.05      16.81
Oilmeals
    2015/16                    42.78      47.15      11.18      35.69       0.28
    2016/17 (Est.)             43.11      47.31      10.83      36.07       0.41
    2017/18 (Proj.)
                      Mar      44.46      48.57      11.59      36.66       0.33
                      Apr      44.69      48.85      11.68      36.84       0.33
Vegetable Oils
    2015/16                    11.21      17.03       1.25      14.58       1.20
    2016/17 (Est.)             11.43      17.37       1.42      14.72       1.23
    2017/18 (Proj.)
                      Mar      11.64      17.76       1.10      15.45       1.20
                      Apr      11.69      17.88       1.15      15.44       1.31
                                  Foreign  3/
Oilseeds
    2015/16                   405.65     491.19      99.38     391.14      84.16
    2016/17 (Est.)            448.00     530.66     110.41     414.47      99.15
    2017/18 (Proj.)
                      Mar     443.19     540.81     117.20     431.41      90.39
                      Apr     437.51     535.24     116.63     430.61      87.03
Oilmeals
    2015/16                   263.48     276.76      75.65     267.57      16.60
    2016/17 (Est.)            278.42     291.10      77.56     282.76      15.72
    2017/18 (Proj.)
                      Mar     290.83     302.38      79.25     295.45      14.34
                      Apr     289.59     301.55      77.68     294.61      14.81
Vegetable Oils
    2015/16                   165.67     184.43      72.28     162.88      19.90
    2016/17 (Est.)            177.84     193.02      79.76     169.73      18.76
    2017/18 (Proj.)
                      Mar     186.14     199.98      79.93     176.18      20.01
                      Apr     186.54     200.34      79.79     176.17      19.91
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