United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 11 - 02 November 2002

U.S. SOYBEAN EXPORTS TO CHINA IMPROVE

Million Tons

15 10 5 0 2000/01

2001/02

2002/03

U.S. Exports to China (Sep - Oct) China's Imports from the U.S. (Annual) China's Soybean Imports (Annual) Note: Annual figures for 2002/03 are forecasts.

U.S. soybean sales to China for the period September through October 31, 2002 have reached 2.27 million tons, compared to only 1.5 million tons for the same period last year, setting a record for the first two months of the marketing year. China’s domestic soybean price has been increasing despite a record-sized crop. As a result, the Chinese government appears to be less concerned about excessive supplies weighing on prices. The trade indicates that China has issued additional soybean import inspection permits that have allowed Chinese crushers to buy additional imported soybeans. In marketing year 2001/02, U.S. soybean exports to China fell from 5.7 million tons to 4.3 million tons because of the confusion surrounding China’s biotech regulations. The extension of the interim period for the importation of biotech soybeans from December 20, 2002 to September 20, 2003 should limit similar confusion in the current marketing year and allow for imports to resume the higher pace. Consistent with the renewed strength of Chinese imports, U.S. shipments of soybeans to China should recover from the dip last marketing year. China accounts for over 20 percent of all U.S. soybean exports, representing approximately $1 billion annually.

Approved by the World Agricultural Outlook Board/USDA

Situation and Outlook

World oilseed production for 2002/03 is projected to total 321.7 million tons, an upward revision of 3.8 million tons from last month. Most of the increase is due to higher expected soybean production. Argentina, Brazil, the U.S., and China are up 1.5 million tons, 1 million tons, 980,000 tons, and 800,000 tons respectively. The increase in South American production is due to a rise in area harvested, as well as higher yields. Increased output in China is due to an upward revision in area, while better yields explain the U.S. increase. Severe drought prompted a 200,000 ton reduction in Australia’s rapeseed production estimate to 800,000 tons. U.S. cottonseed and peanut production is also expected to decline 76,000 and 110,000 tons, respectively. Worldwide exports of oilseeds were revised slightly higher this month, with soybeans rising nearly 480,000 tons, which more than offset the 183,000 ton drop in exports of rapeseed. Global protein meal production was revised up this month by only 288,000 tons, with 265,000 tons of this increase going to exports. Production estimates for major vegetable oils also rose slightly this month to 91.8 million tons, with soybean oil production rising 215,000 tons, more than offsetting declines in sunflower seed oil of 37,000 tons and rapeseed oil of 125,000 tons. World exports of edible oils rose 392,000 tons to 38 million tons, led by increases in palm oil, rapeseed oil, and soybean oil, up 200,000 tons, 140,000 tons, and 53,000 tons respectively. The higher world oilseed production estimate this month will only partially be offset by greater utilization rates. As a result, ending stocks for soybeans are revised up 3.6 million tons, to 29.7 million tons. Most of this increase is expected in Argentine and Brazilian stocks, which are now expected to reach a combined 19.7 million tons, up 3.2 million from last month’s estimates. The stock increase was mainly due to a downward revision of last year’s exports from South America coupled with an increase in their estimated production. This, in combination with higher production expected in 2002/03 led to the growth in ending stocks. This increase in stocks helped to push the U.S. season average soybean price range down 10 cents to $4.95 - $5.85 per bushel.

4



TABLE 1.

MAJOR OILSEEDS: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

1998/99 PRODUCTION SOYBEAN COTTONSEED PEANUT SUNFLOWERSEED RAPESEED COPRA PALM KERNEL TOTAL

EXPORTS SOYBEAN COTTONSEED PEANUT SUNFLOWERSEED RAPESEED COPRA PALM KERNEL TOTAL

IMPORTS SOYBEAN COTTONSEED PEANUT SUNFLOWERSEED RAPESEED COPRA PALM KERNEL TOTAL

CRUSH SOYBEAN COTTONSEED PEANUT SUNFLOWERSEED RAPESEED COPRA PALM KERNEL TOTAL

ENDING STOCKS SOYBEAN COTTONSEED PEANUT SUNFLOWERSEED RAPESEED COPRA PALM KERNEL TOTAL

1999/00

2000/01

PRELIM OCTOBERNOVEMBER 2001/02 2002/03 2002/03

159.82 32.62 29.77 26.63 35.89 4.38 5.62

159.90 32.93 28.99 27.22 42.47 5.46 6.41

175.10 33.53 31.12 23.29 37.60 5.90 6.91

184.30 36.60 33.11 21.25 35.86 5.26 7.15

184.49 33.37 31.84 23.33 32.17 5.30 7.40

188.805 33.223 31.727 23.242 31.96 5.299 7.402

294.72

303.37

313.44

323.53

317.89

321.658

38.72 1.02 1.31 4.45 9.34 0.25 0.06

46.68 1.33 1.65 3.39 11.26 0.26 0.07

55.08 1.39 1.39 3.48 9.86 0.19 0.08

55.00 1.42 1.64 2.23 7.44 0.19 0.06

60.13 1.19 1.52 2.29 6.17 0.18 0.06

60.611 1.191 1.518 2.289 5.988 0.177 0.061

55.13

64.64

71.46

67.97

71.54

71.835

40.56 0.97 1.35 4.34 9.11 0.29 0.05

47.81 1.31 1.46 3.48 11.00 0.27 0.05

54.94 1.30 1.38 3.20 9.71 0.19 0.05

56.08 1.36 1.58 2.01 7.67 0.18 0.05

60.01 1.20 1.48 2.30 6.20 0.14 0.02

60.172 1.198 1.481 2.294 6.021 0.136 0.023

56.66

65.36

70.76

68.93

71.35

71.325

135.70 24.98 14.79 23.01 31.85 4.44 5.58

136.03 25.05 13.63 23.94 37.09 5.45 6.34

146.95 24.50 14.17 20.87 35.48 5.84 6.82

158.06 26.51 15.71 18.78 33.27 5.19 7.07

163.45 24.78 14.90 20.79 30.84 5.20 7.30

164.525 24.644 14.901 20.699 30.62 5.199 7.298

240.35

247.53

254.63

264.59

267.26

267.886

27.29 0.50 0.79 1.42 2.24 0.04 0.13

28.02 0.39 0.73 1.75 4.06 0.04 0.12

30.92 0.53 0.76 0.89 2.42 0.03 0.14

32.45 0.49 0.84 0.55 2.43 0.03 0.15

26.11 0.45 0.71 0.51 1.39 0.02 0.15

29.676 0.446 0.633 0.51 1.348 0.023 0.147

32.42

35.10

35.68

36.93

29.34

32.783

NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8.

SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 2.

MAJOR PROTEIN MEALS: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

1998/99 PRODUCTION SOYBEAN COTTONSEED RAPESEED SUNFLOWERSEED FISH PEANUT COPRA PALM KERNEL TOTAL

EXPORTS SOYBEAN COTTONSEED RAPESEED SUNFLOWERSEED FISH PEANUT COPRA PALM KERNEL TOTAL

IMPORTS SOYBEAN COTTONSEED RAPESEED SUNFLOWERSEED FISH PEANUT COPRA PALM KERNEL TOTAL

CONSUMPTION SOYBEAN COTTONSEED RAPESEED SUNFLOWERSEED FISH PEANUT COPRA PALM KERNEL TOTAL

ENDING STOCKS SOYBEAN COTTONSEED RAPESEED SUNFLOWERSEED FISH PEANUT COPRA PALM KERNEL TOTAL

1999/00

2000/01

PRELIM OCTOBERNOVEMBER 2001/02 2002/03 2002/03

107.54 11.36 19.11 10.51 5.80 5.76 1.44 2.93

107.74 11.45 22.29 10.72 6.29 5.27 1.77 3.32

116.54 11.30 21.34 9.43 5.75 5.52 1.90 3.56

124.93 12.09 20.03 8.45 5.46 6.13 1.68 3.75

129.58 11.31 18.64 9.25 5.61 5.79 1.70 3.82

130.138 11.225 18.468 9.209 5.634 5.785 1.702 3.816

164.46

168.84

175.33

182.51

185.69

185.977

38.98 0.60 3.95 3.73 3.35 0.31 0.67 2.70

39.42 0.63 4.61 3.29 4.01 0.32 0.84 2.92

41.14 0.61 3.99 2.79 3.65 0.34 1.21 3.20

45.08 0.65 3.64 2.53 3.39 0.44 0.97 3.29

46.70 0.55 3.21 2.69 3.42 0.29 0.95 3.26

46.893 0.52 3.247 2.687 3.474 0.29 0.949 3.262

54.28

56.03

56.93

59.98

61.06

61.322

38.97 0.56 3.88 3.33 3.21 0.29 0.69 2.77

39.52 0.53 4.33 3.17 3.92 0.28 0.89 2.69

41.32 0.59 3.75 2.87 3.68 0.28 1.19 2.99

44.97 0.59 3.16 2.61 3.52 0.29 1.07 3.17

46.62 0.57 3.13 2.66 3.48 0.27 0.98 3.21

46.513 0.573 3.048 2.658 3.54 0.269 0.984 3.212

53.69

55.33

56.68

59.38

60.93

60.797

106.34 11.39 19.12 10.07 5.66 5.75 1.47 2.97

108.71 11.37 22.03 10.59 6.24 5.23 1.79 3.04

117.03 11.30 21.19 9.57 6.00 5.46 1.90 3.41

124.31 12.03 19.55 8.57 5.64 5.98 1.84 3.70

129.36 11.34 18.56 9.25 5.74 5.77 1.77 3.76

129.588 11.307 18.27 9.213 5.76 5.772 1.766 3.763

162.77

168.99

175.86

181.62

185.55

185.439

5.10 0.13 0.37 0.31 0.66 0.03 0.16 0.24

4.23 0.11 0.35 0.31 0.63 0.03 0.19 0.29

3.91 0.09 0.26 0.26 0.41 0.02 0.16 0.24

4.42 0.10 0.26 0.23 0.35 0.02 0.11 0.16

4.47 0.07 0.26 0.19 0.29 0.01 0.08 0.16

4.585 0.069 0.257 0.194 0.291 0.009 0.077 0.164

6.99

6.13

5.35

5.63

5.53

5.646

NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8.

SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 3.

MAJOR VEGETABLE OILS: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

1998/99 PRODUCTION SOYBEAN PALM SUNFLOWERSEED RAPESEED

COTTONSEED

PEANUT

COCONUT

OLIVE

PALM KERNEL

TOTAL

EXPORTS

SOYBEAN

PALM 1/

SUNFLOWERSEED RAPESEED

COTTONSEED

PEANUT

COCONUT

OLIVE

PALM KERNEL

TOTAL

IMPORTS

SOYBEAN

PALM 1/

SUNFLOWERSEED RAPESEED

COTTONSEED

PEANUT

COCONUT

OLIVE

PALM KERNEL

TOTAL

CONSUMPTION

SOYBEAN

PALM

SUNFLOWERSEED RAPESEED COTTONSEED PEANUT COCONUT OLIVE PALM KERNEL TOTAL

ENDING STOCKS SOYBEAN PALM SUNFLOWERSEED RAPESEED COTTONSEED PEANUT COCONUT OLIVE PALM KERNEL TOTAL

1999/00

2000/01

PRELIM OCTOBERNOVEMBER 2001/02 2002/03 2002/03

24.65 19.25 9.18 11.81 3.57 4.44 2.71 2.50 2.43

24.74 21.80 9.63 13.65 3.57 4.15 3.34 2.37 2.75

26.80 23.93 8.41 13.06 3.52 4.30 3.63 2.48 2.95

28.78 25.04 7.55 12.22 3.82 4.75 3.26 2.53 3.08

29.85 25.37 8.32 11.41 3.56 4.51 3.23 2.35 3.17

30.067 25.371 8.287 11.284 3.546 4.513 3.234 2.352 3.172

80.54

85.98

89.08

91.03

91.79

91.826

8.17 12.75 3.80 2.98 0.16 0.26 1.21 1.06 0.93

7.24 14.37 3.76 3.14 0.18 0.31 2.12 1.05 0.98

7.95 16.80 2.97 2.59 0.17 0.31 1.85 1.15 1.16

9.11 17.80 2.62 2.51 0.16 0.31 1.63 1.11 1.41

10.17 17.79 2.87 2.29 0.14 0.25 1.75 1.05 1.35

10.219 17.986 2.866 2.428 0.142 0.253 1.749 1.054 1.35

31.32

33.14

34.96

36.64

37.66

38.047

7.85 12.23 3.56 2.61 0.19 0.28 1.35 1.04 0.98

7.05 13.79 3.42 2.67 0.18 0.26 1.71 0.98 0.99

7.59 16.84 3.00 2.61 0.17 0.26 2.01 1.14 1.05

8.87 17.56 2.56 2.45 0.15 0.24 1.78 1.10 1.24

9.92 17.83 2.78 2.32 0.18 0.22 1.80 1.04 1.24

9.941 17.926 2.776 2.403 0.18 0.219 1.668 1.041 1.164

30.07

31.05

34.65

35.94

37.33

37.318

24.50 17.80 8.76 11.39 3.61 4.46 3.00 2.46 2.45

24.19 20.70 9.22 13.11 3.58 4.10 2.94 2.45 2.71

26.34 23.88 8.62 12.90 3.50 4.25 3.63 2.57 2.66

28.61 24.88 7.70 12.24 3.84 4.68 3.47 2.55 2.94

30.06 25.27 8.23 11.57 3.60 4.49 3.33 2.49 3.12

30.343 25.22 8.193 11.433 3.588 4.491 3.2 2.491 3.056

78.43

82.99

88.33

90.90

92.16

92.015

2.17 2.57 0.75 0.49 0.06 0.04 0.17 0.98 0.23

2.53 2.87 0.82 0.56 0.05 0.03 0.16 0.83 0.29

2.63 2.76 0.63 0.74 0.06 0.03 0.32 0.73 0.48

2.55 2.50 0.43 0.66 0.04 0.03 0.27 0.70 0.45

2.05 2.30 0.43 0.42 0.03 0.02 0.23 0.55 0.38

1.998 2.401 0.432 0.481 0.034 0.018 0.218 0.547 0.382

7.46

8.14

8.38

7.62

6.40

6.511

NOTE: TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8. 1/ PALM OIL TRADE EXCLUDES TRANSSHIPMENTS THROUGH SINGAPORE.

SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 4.

MAJOR OILSEEDS: 1/

AREA, YIELD, AND PRODUCTION BY MAIN PRODUCERS

AVERAGE 1996/97-2000/01 AREA 2/ SOYBEAN UNITED STATES BRAZIL CHINA ARGENTINA EUROPEAN UNION PARAGUAY OTHER TOTAL COTTONSEED CHINA UNITED STATES FSU-12 INDIA PAKISTAN BRAZIL OTHER TOTAL PEANUT INDIA CHINA UNITED STATES SENEGAL SUDAN BRAZIL ARGENTINA SOUTH AFRICA OTHER TOTAL SUNFLOWERSEED FSU-12 ARGENTINA EASTERN EUROPE UNITED STATES CHINA EUROPEAN UNION OTHER TOTAL RAPESEED CHINA EUROPEAN UNION CANADA INDIA EASTERN EUROPE OTHER TOTAL

TOTAL OILSEEDS

YIELD 3/

PROD 4/

PRELIMINARY 2001/02 AREA 2/

YIELD 3/

FORECAST 2002/03

PROD 4/

AREA 2/

YIELD 3/

PROD 4/

28.15 13.05 8.32 8.06 0.41 1.22 10.72

2.56 2.52 1.75 2.47 3.18 2.50 1.25

71.97 32.86 14.56 19.94 1.29 3.05 13.36

29.53 16.35 9.48 11.40 0.39 1.42 10.83

2.66 2.66 1.63 2.63 3.10 2.18 1.15

78.67 43.50 15.41 30.00 1.21 3.10 12.41

29.06 18.00 9.40 12.30 0.30 1.45 10.64

2.52 2.72 1.74 2.64 3.19 2.55 1.23

73.20 49.00 16.40 32.50 0.95 3.70 13.06

69.92

2.25

157.02

79.41

2.32

184.30

81.15

2.33

188.81

4.29 5.14 2.48 8.94 2.97 0.75 7.45

1.81 1.14 1.15 0.60 1.13 1.21 0.98

7.76 5.85 2.86 5.34 3.37 0.91 7.32

4.82 5.60 2.49 8.85 3.13 0.75 7.32

1.98 1.21 1.23 0.58 1.11 1.75 1.00

9.56 6.76 3.06 5.10 3.48 1.31 7.32

4.20 5.21 2.44 7.85 2.70 0.72 7.04

2.01 1.16 1.18 0.59 1.26 1.88 0.93

8.42 6.04 2.87 4.60 3.40 1.35 6.55

32.02

1.04

33.41

32.96

1.11

36.60

30.16

1.10

33.22

7.84 4.10 0.57 0.76 0.55 0.10 0.29 0.10 6.97

0.90 2.87 2.91 0.91 0.67 1.78 1.43 1.48 1.00

7.05 11.75 1.66 0.69 0.37 0.17 0.42 0.15 6.97

8.20 4.99 0.57 0.92 0.55 0.10 0.22 0.09 7.12

0.93 2.89 3.40 0.98 0.67 2.01 1.51 1.30 1.02

7.60 14.42 1.94 0.90 0.37 0.20 0.33 0.12 7.24

8.10 5.00 0.55 0.75 0.55 0.10 0.20 0.07 7.19

0.83 2.90 2.89 0.67 0.67 1.95 1.58 1.54 1.04

6.70 14.50 1.59 0.50 0.37 0.20 0.32 0.10 7.46

21.28

1.37

29.23

22.76

1.45

33.11

22.51

1.41

31.73

7.22 3.10 2.08 1.20 0.93 2.18 4.22

0.87 1.74 1.28 1.54 1.65 1.64 0.84

6.25 5.41 2.67 1.85 1.54 3.57 3.55

6.68 1.98 1.82 1.03 1.02 1.93 4.69

0.80 1.87 1.28 1.50 1.45 1.56 0.82

5.34 3.70 2.33 1.55 1.48 3.01 3.84

7.28 2.30 1.89 0.94 1.15 1.66 5.13

0.92 1.74 1.36 1.25 1.57 1.65 0.83

6.69 4.00 2.57 1.18 1.80 2.75 4.26

20.94

1.19

24.84

19.15

1.11

21.25

20.35

1.14

23.24

6.83 3.04 4.83 6.16 0.96 2.86

1.42 3.03 1.45 0.83 2.07 1.08

9.72 9.20 7.02 5.12 1.99 3.09

7.10 3.03 3.77 5.25 1.10 3.12

1.60 2.95 1.31 0.86 2.39 1.14

11.33 8.91 4.93 4.50 2.64 3.56

7.40 3.10 3.16 5.00 1.08 2.90

1.42 2.98 1.04 0.82 2.10 0.89

10.50 9.23 3.30 4.10 2.26 2.57

24.68

1.46

36.14

23.36

1.54

35.86

22.64

1.41

31.96

168.83

1.66

280.63

177.62

1.75

311.12

176.80

1.75

308.96

1/ SPLIT YEAR INCLUDES NORTHERN HEMISPHERE CROPS HARVESTED IN THE LATE MONTHS OF THE FIRST YEAR SHOWN COMBINED WITH SOUTHERN HEMISPHERE AND CERTAIN NORTHERN HEMISPHERE CROPS HARVESTED IN THE EARLY MONTHS OF THE FOLLOWING YEAR. 2/ IN MILLION HECTARES. 3/ IN TONS PER HECTARE. 4/ IN MILLION METRIC TONS.

SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 5

SOYBEANS: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

PRODUCTION UNITED STATES BRAZIL ARGENTINA CHINA INDIA PARAGUAY OTHER TOTAL EXPORTS UNITED STATES BRAZIL ARGENTINA PARAGUAY OTHER TOTAL IMPORTS EUROPEAN UNION

GERMANY

NETHERLANDS

SPAIN

ITALY

BEL-LUX

PORTUGAL

EASTERN EUROPE

FSU-12

ASIA

CHINA

JAPAN

KOREA, REP OF

TAIWAN

INDONESIA

MID-EAST/N AFR

LATIN AMERICA

MEXICO

BRAZIL

OTHER

TOTAL

CRUSH UNITED STATES LATIN AMERICA BRAZIL

ARGENTINA

MEXICO

EUROPEAN UNION

FSU-12

EASTERN EUROPE

ASIA

JAPAN

CHINA

TAIWAN

INDIA

OTHER

TOTAL ENDING STOCKS UNITED STATES BRAZIL ARGENTINA OTHER TOTAL U.S. SEASON AVG.PRICE ($/bu) NOTE:

1998/99

1999/00

2000/01

PRELIM 2001/02

74.60 31.30 20.00 15.15 6.00 3.05 9.72

72.22 34.20 21.20 14.29 5.20 2.90 9.89

75.06 39.00 27.80 15.40 5.25 3.52 9.07

78.67 43.50 30.00 15.41 5.40 3.10 8.22

72.23 48.00 31.00 15.60 5.00 3.70 8.96

73.20 49.00 32.50 16.40 5.00 3.70 9.00

159.82

159.90

175.10

184.30

184.49

188.81

21.90 8.93 3.23 2.35 2.30

26.54 11.16 4.13 2.12 2.73

27.10 15.47 7.42 2.55 2.54

28.92 15.00 6.00 2.11 2.97

23.13 21.20 10.00 2.70 3.10

24.22 20.90 9.70 2.70 3.09

38.72

46.68

55.08

55.00

60.13

60.61

16.79 4.10 5.01 3.05 0.72 1.24 0.64 0.14 0.33 15.18 3.85 4.81 1.40 2.15 1.13 1.56 5.69 3.77 0.60 0.86

15.66 3.44 5.26 2.74 0.80 1.20 0.62 0.06 0.10 22.43 10.10 4.91 1.61 2.30 1.42 1.86 6.49 4.04 1.00 1.20

18.92 4.57 5.66 3.17 0.84 1.43 0.90 0.16 0.08 25.54 13.25 4.77 1.39 2.33 1.26 2.24 6.92 4.38 0.90 1.08

19.92 4.65 6.00 3.35 0.82 1.64 1.05 0.23 0.26 23.80 10.39 5.02 1.44 2.40 1.58 2.62 7.62 4.60 1.10 1.64

20.17 4.65 6.00 3.40 0.90 1.63 1.12 0.23 0.23 27.58 14.00 4.90 1.50 2.40 1.60 2.86 7.68 4.95 0.90 1.28

20.17 4.65 6.00 3.40 0.90 1.63 1.12 0.23 0.22 27.58 14.00 4.90 1.50 2.40 1.60 2.86 7.87 5.10 0.90 1.26

40.56

47.81

54.94

56.08

60.01

60.17

43.26 44.44 21.01 17.51 3.95 16.24 0.51 0.41 26.89 3.70 12.61 1.90 5.40 3.95

42.93 44.65 21.20 17.08 4.10 14.43 0.41 0.45 28.80 3.75 15.07 1.99 4.40 4.38

44.63 47.05 22.62 17.30 4.45 16.75 0.47 0.38 33.16 3.78 18.90 2.13 4.53 4.52

46.26 52.88 24.65 20.60 4.70 17.66 0.66 0.53 35.20 3.89 20.31 2.15 4.63 4.87

45.59 57.90 27.50 22.30 5.10 17.67 0.63 0.57 36.01 3.83 21.25 2.13 4.27 5.09

45.18 58.55 27.75 22.50 5.25 17.67 0.67 0.57 36.81 3.83 22.05 2.13 4.27 5.09

135.70

136.03

146.95

158.06

163.45

164.53

9.48 7.51 6.03 4.26

7.90 8.64 5.52 5.96

6.74 8.38 7.93 7.87

5.67 11.15 10.54 5.09

4.76 8.90 7.57 4.89

5.03 9.89 9.85 4.90

27.29

28.02

30.92

32.45

4.93

4.63

4.54

4.35

OCTOBER 2002/03

NOVEMBER 2002/03

26.11 5.05 -5.95

TOTALS MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF PRICES AND AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8.

1/ BRAZIL AND ARGENTINA ESTIMATES HAVE BEEN ADJUSTED TO A CONSISTANT OCT-SEPT YEAR; ESTIMATES OF OTHER COUNTRIES (INCLUDING THE U.S.) ARE ON A LOCAL MARKETING YEAR. SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

29.68 4.95 - 5.85

TABLE 6

SOYBEAN MEAL: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

PRODUCTION UNITED STATES LATIN AMERICA BRAZIL ARGENTINA MEXICO EUROPEAN UNION EASTERN EUROPE FSU-12 ASIA JAPAN CHINA TAIWAN INDIA OTHER TOTAL EXPORTS UNITED STATES BRAZIL ARGENTINA EUROPEAN UNION INDIA OTHER TOTAL IMPORTS EUROPEAN UNION FRANCE GERMANY NETHERLANDS ITALY EASTERN EUROPE FSU-12 ASIA & OCEANIA CHINA PHILLIPINES MID-EAST/N AFR EGYPT LATIN AMERICA OTHER TOTAL CONSUMPTION UNITED STATES LATIN AMERICA BRAZIL ARGENTINA MEXICO EUROPEAN UNION FRANCE GERMANY NETHERLANDS ITALY SPAIN FSU-12 EASTERN EUROPE POLAND ASIA & OCEANIA JAPAN CHINA TAIWAN KOREA, REP OF MID-EAST/N AFR OTHER TOTAL ENDING STOCKS UNITED STATES BRAZIL ARGENTINA OTHER TOTAL U.S. SEASON AVG.PRICE ($/s.t) NOTE:

1998/99

1999/00

2000/01

PRELIM 2001/02

34.29 35.15 16.60 13.85 3.15 12.92 0.37 0.40 21.28 2.87 10.02 1.51 4.30 3.14

34.10 35.23 16.75 13.45 3.25 11.47 0.35 0.33 22.81 2.91 11.98 1.58 3.52 3.45

35.73 37.15 17.86 13.65 3.53 13.24 0.29 0.37 26.13 2.93 15.05 1.53 3.61 3.62

36.60 41.75 19.47 16.25 3.73 13.99 0.40 0.50 27.77 3.01 16.19 1.54 3.70 3.92

36.18 45.63 21.72 17.60 4.04 14.04 0.43 0.49 28.68 2.97 17.20 1.53 3.41 4.13

35.81 46.22 21.92 17.75 4.16 14.04 0.43 0.52 29.04 2.97 17.56 1.53 3.41 4.09

107.54

107.74

116.54

124.93

129.58

130.14

6.46 9.83 13.40 5.39 2.80 1.10

6.65 9.93 13.75 5.34 2.38 1.38

6.99 10.68 13.60 5.94 2.35 1.59

6.78 11.30 15.82 6.07 2.45 2.66

5.99 13.30 17.37 6.03 1.90 2.11

5.63 13.45 17.52 6.03 1.90 2.36

38.98

39.42

41.14

45.08

46.70

46.89

19.93 4.11 2.06 2.38 2.15 2.47 0.43 7.43 1.40 0.86 3.70 0.80 3.65 1.34

19.81 4.15 1.93 2.66 2.20 2.58 0.49 7.18 0.63 0.95 4.14 0.92 3.92 1.41

20.16 4.42 2.11 2.72 2.63 3.15 0.26 7.60 0.10 1.04 4.50 1.04 4.00 1.66

21.17 4.61 1.88 2.85 3.00 3.31 0.45 8.72 0.02 1.20 4.80 1.15 4.54 1.98

21.24 4.70 1.85 2.80 3.08 3.66 0.44 9.24 0.15 1.15 5.23 1.30 4.65 2.16

21.24 4.70 1.85 2.80 3.08 3.66 0.49 9.14 0.05 1.15 5.23 1.30 4.60 2.16

38.97

39.52

41.32

44.97

46.62

46.51

27.81 14.32 6.65 0.20 3.30 27.27 4.43 4.17 2.99 3.38 4.67 0.76 2.88 0.85 25.56 3.65 11.42 1.55 1.98 4.90 2.83

27.53 15.29 7.20 0.21 3.54 25.97 4.38 3.60 3.17 3.22 4.38 0.84 2.92 0.89 27.51 3.66 12.58 1.67 2.09 5.57 3.08

28.71 16.08 7.55 0.22 3.79 27.58 4.75 4.18 3.51 3.51 4.43 0.68 3.33 1.10 31.29 3.56 15.04 1.56 2.29 5.98 3.39

30.05 17.45 8.15 0.23 4.13 29.03 5.13 4.22 3.66 3.86 4.68 0.95 3.75 1.36 32.94 4.06 15.16 1.58 2.41 6.62 3.53

30.39 18.34 8.50 0.23 4.51 29.27 5.19 4.24 3.71 3.91 4.73 0.92 4.13 1.60 35.48 4.06 16.85 1.60 2.58 7.22 3.61

30.39 18.48 8.52 0.23 4.58 29.27 5.19 4.24 3.71 3.91 4.73 0.99 4.13 1.60 35.54 4.06 16.91 1.60 2.58 7.19 3.61

106.34

108.71

117.03

124.31

129.36

129.59

0.30 1.19 0.78 2.83

0.27 0.90 0.27 2.79

0.35 0.72 0.10 2.74

0.22 1.07 0.30 2.83

0.23 1.19 0.30 2.75

0.23 1.22 0.30 2.84

5.10

4.23

3.91

4.42

138.5

167.70

173.60

167.73

NOVEMBER 2002/03

4.47 165.0 - 195.0

4.59 155.0 - 185.0

TABLES MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF PRICES AND AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8.

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

OCTOBER 2002/03

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 7

SOYBEAN OIL: WORLD SUPPLY AND DISTRIBUTION

(MILLION METRIC TONS)

1998/99 PRODUCTION UNITED STATES LATIN AMERICA BRAZIL ARGENTINA MEXICO EUROPEAN UNION FSU-12 EASTERN EUROPE ASIA JAPAN CHINA TAIWAN INDIA OTHER TOTAL EXPORTS UNITED STATES BRAZIL ARGENTINA EUROPEAN UNION OTHER TOTAL IMPORTS UNITED STATES EUROPEAN UNION FSU-12 EASTERN EUROPE ASIA CHINA INDIA PAKISTAN MID-EAST/N AFR IRAN MOROCCO TURKEY TUNISIA LATIN AMERICA BRAZIL MEXICO CHILE PERU COLOMBIA OTHER TOTAL CONSUMPTION UNITED STATES LATIN AMERICA BRAZIL ARGENTINA MEXICO EUROPEAN UNION

FSU-12

EASTERN EUROPE

ASIA

JAPAN

CHINA

TAIWAN

KOREA, REP OF

INDIA

PAKISTAN

BANGLADESH

MID-EAST/N AFR

IRAN

MOROCCO

TURKEY

OTHER

TOTAL ENDING STOCKS UNITED STATES BRAZIL ARGENTINA OTHER TOTAL U.S. SEASON AVG.PRICE (c/lb) NOTE:

PRELIM 2001/02

2000/01

OCTOBER 2002/03

NOVEMBER 2002/03

8.20 8.12 3.93 3.16 0.67 2.92 0.07 0.07 4.58 0.67 2.05 0.31 0.97 0.68

8.09 8.25 4.03 3.13 0.70 2.60 0.07 0.08 4.91 0.67 2.48 0.33 0.79 0.75

8.36 8.74 4.32 3.19 0.76 3.02 0.07 0.07 5.76 0.67 3.24 0.35 0.82 0.79

8.57 9.84 4.71 3.82 0.80 3.19 0.10 0.09 6.15 0.69 3.52 0.35 0.84 0.85

8.59 10.77 5.25 4.13 0.87 3.19 0.09 0.10 6.25 0.68 3.64 0.35 0.77 0.87

8.51 10.90 5.30 4.17 0.90 3.19 0.10 0.10 6.41 0.68 3.80 0.35 0.77 0.87

24.65

24.74

26.80

28.78

29.85

30.07

1.08 1.38 3.14 1.71 0.87

0.62 1.15 3.04 1.69 0.74

0.64 1.53 3.21 1.81 0.77

1.13 1.65 3.67 1.90 0.76

1.09 2.26 4.01 1.98 0.83

1.04 0.00 0.00 1.98 7.20

8.17

7.24

7.95

9.11

10.17

10.22

0.04 0.68 0.20 0.15 3.47 0.95 0.83 0.41 1.78 0.96 0.23 0.13 0.14 1.25 0.21 0.11 0.08 0.11 0.12 0.30

0.04 0.58 0.23 0.13 2.71 0.56 0.79 0.23 1.74 0.76 0.26 0.14 0.15 1.28 0.22 0.12 0.09 0.12 0.12 0.36

0.03 0.62 0.32 0.18 2.88 0.08 1.40 0.18 1.89 0.85 0.26 0.11 0.16 1.19 0.07 0.08 0.09 0.20 0.14 0.48

0.02 0.61 0.42 0.22 3.50 0.37 1.55 0.23 2.13 0.90 0.29 0.16 0.18 1.43 0.15 0.16 0.09 0.23 0.15 0.54

0.03 0.59 0.35 0.19 4.39 0.80 2.00 0.25 2.28 0.95 0.30 0.20 0.18 1.51 0.15 0.21 0.09 0.22 0.15 0.59

0.03 0.59 0.35 0.19 4.39 0.80 2.00 0.25 2.28 0.95 0.30 0.20 0.18 1.53 0.15 0.23 0.09 0.22 0.15 0.59

7.85

7.05

7.59

8.87

9.92

9.94

7.10 4.82 2.85 0.11 0.77 1.88 0.27 0.21 7.78 0.68 3.08 0.37 0.33 1.81 0.41 0.47 1.79 0.81 0.27 0.14 0.66

7.28 5.04 3.00 0.11 0.80 1.50 0.29 0.20 7.23 0.68 2.87 0.36 0.34 1.58 0.24 0.48 1.93 0.80 0.29 0.15 0.72

7.35 5.30 3.08 0.11 0.83 1.79 0.36 0.23 8.32 0.68 3.27 0.37 0.37 2.22 0.21 0.50 2.11 0.87 0.30 0.12 0.87

7.69 5.61 3.15 0.12 0.95 1.84 0.53 0.30 9.30 0.69 3.86 0.41 0.39 2.39 0.26 0.51 2.41 0.92 0.33 0.18 0.93

7.87 5.89 3.25 0.12 1.08 1.83 0.43 0.29 10.18 0.68 4.29 0.43 0.38 2.77 0.30 0.54 2.58 0.98 0.34 0.22 0.99

7.89 5.97 3.25 0.13 1.13 1.83 0.44 0.29 10.35 0.68 4.45 0.43 0.38 2.77 0.30 0.54 2.58 0.98 0.34 0.22 0.99

24.50

24.19

26.34

28.61

30.06

30.34

0.69 0.32 0.25 0.92

0.91 0.41 0.23 0.98

1.31 0.19 0.10 1.03

1.07 0.25 0.12 1.11

0.74 0.15 0.10 1.06

0.67 0.15 0.10 1.07

2.17

2.53

2.63

2.55

19.90

15.60

14.15

16.46

2.05 19.00 - 22.00

2.00 19.50 - 22.50

TABLES MAY NOT ADD DUE TO ROUNDING. FOR NOTES AND DESCRIPTION OF PRICES AND AREAS DESIGNATED SEE PAGE FOLLOWING TABLE 8.

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

1999/00

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 8

SOYBEANS AND PRODUCTS: WORLD TRADE

(1000 METRIC TONS)

2002/03

SOYBEAN MEAL 2002/03 2000/01 2001/02

28,918 15,000 6,000 1,805 0 2,110 1,163

24,222 20,900 9,700 1,596 0 2,700 1,493

6,988 10,679 13,600 5,935 2,350 586 1,002

6,781 11,300 15,823 6,071 2,450 597 2,060

5,625 13,450 17,523 6,032 1,900 599 1,764

636 1,530 3,211 1,808 0 115 654

1,134 1,650 3,673 1,895 0 105 657

1,043 2,300 4,063 1,976 0 112 725

55,076

54,996

60,611

41,140

45,082

46,893

7,954

9,114

10,219

(OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) 2/ (OCT-SEP) (OCT-SEP) (OCT-SEP) (NOV-OCT) (OCT-SEP) (OCT-SEP) (OCT-SEP) (JAN-DEC) (OCT-SEP) (OCT-SEP) 2/ (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (JAN-DEC) (NOV-OCT) 2/ (JUN-JUL) 2/ (SEP-AUG) (OCT-SEP) (AUG-JUL) 2/

18,915 4,567 5,660 3,167 836 1,429 903 899 865 107 84 20 10 164 12 5 25,535 13,245 4,767 2,330 1,389 1,261 1,290 609 365 0 162 2,240 617 550 334 225 0 0 382 101 100 6,918 4,381 221 431 548

19,917 4,650 6,000 3,350 820 1,635 1,050 900 950 96 260 100 10 225 15 5 23,804 10,385 5,023 2,400 1,435 1,575 1,560 725 375 0 200 2,615 730 600 500 210 0 0 460 112 111 7,623 4,600 220 1,000 526

20,168 4,650 6,000 3,400 900 1,630 1,120 900 1,000 100 220 140 10 225 15 5 27,575 14,000 4,900 2,400 1,500 1,600 1,600 750 400 0 300 2,855 770 650 600 220 0 0 500 126 125 7,874 5,100 235 600 529

20,156 2,110 2,720 2,217 2,632 1,413 280 4,416 1,260 1,545 256 165 37 3,145 1,215 770 7,286 100 610 35 1,414 1,550 1,408 507 1,039 0 90 4,504 58 450 1,040 35 275 360 508 508 467 4,003 247 664 915 550

21,171 1,880 2,850 2,540 3,000 1,490 270 4,610 1,440 1,526 452 300 60 3,306 1,300 810 8,302 20 1,079 50 1,499 1,600 1,480 640 1,200 0 0 4,803 59 477 1,145 90 290 380 480 547 495 4,539 390 670 1,100 745

21,240 1,850 2,800 2,500 3,080 1,540 260 4,695 1,400 1,550 487 335 60 3,662 1,550 875 8,715 50 1,100 75 1,650 1,650 1,500 650 1,150 0 50 5,227 65 550 1,300 100 320 400 500 611 550 4,598 450 680 1,100 873

615 56 83 23 22 242 6 59 29 28 315 315 0 183 130 5 2,876 80 2 12 166 15 0 135 9 1,400 175 1,892 9 850 335 260 160 40 107 348 119 1,193 83 197 78 85

611 70 75 15 30 245 2 50 27 32 420 420 0 215 130 20 3,498 370 2 50 189 15 0 185 10 1,550 225 2,134 12 900 350 290 175 90 160 408 150 1,429 157 200 80 74

592 70 60 20 25 245 2 50 27 30 350 350 0 190 115 10 4,386 800 2 75 170 15 0 140 10 2,000 250 2,278 14 950 364 300 175 90 200 436 165 1,525 230 205 100 84

2/

54,936

56,082

60,172

41,323

44,965

46,513

7,585

8,869

9,941

2000/01 EXPORTERS UNITED STATES 1/ BRAZIL ARGENTINA EUROPEAN UNION INDIA PARAGUAY OTHER WORLD TOTAL SELECTED IMPORTERS EUROPEAN UNION GERMANY NETHERLANDS SPAIN ITALY BEL-LUX PORTUGAL FRANCE U.K. DENMARK FSU-12 RUSSIA UKRAINE EASTERN EUROPE POLAND HUNGARY ASIA CHINA JAPAN TAIWAN KOREA, REP OF INDONESIA THAILAND MALAYSIA PHILIPPINES INDIA PAKISTAN MID-EAST/N AFR ISRAEL IRAN EGYPT MOROCCO TUNISIA ALGERIA TURKEY OTHER AFRICA SOUTH AFRICA LATIN AMERICA MEXICO VENEZUELA CANADA OTHER WORLD TOTAL

MARKETING YEAR (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) (OCT-SEP) 2/

27,103 15,470 7,415 1,258 0 2,550 1,280

2/

SOYBEANS 2001/02

SEE FOLLOWING PAGE FOR COUNTRIES INCLUDED IN REGIONAL AREAS. 1/ SEP-AUG FOR SOYBEANS. 2/ AN AGGREGATE OF INDIVIDUAL MARKETING YEARS. SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES

SOYBEAN OIL 2000/01 2001/02

NOTE:

DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

2002/03

TABLE 9

VEGETABLE OIL PRODUCTION, CONSUMPTION AND IMPORTS

FOR SELECTED COUNTRIES, 1,000 METRIC TONS

IMPORT MARKETING YEAR

1997/98

1998/99

1999/00

2000/01

PRELIM 2001/02

FORECAST 2002/03

INDIA

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY PALM OIL (OCT-SEP) SOYBEAN OIL (OCT-SEP) SUNFLOWERSEED OIL (OCT-SEP)

5,648 7,674 1,986 1,530 236 125

5,364 9,243 4,579 2,900 833 550

4,865 9,899 4,894 3,300 790 570

4,711 10,646 6,025 4,000 1,400 455

5,287 10,608 5,121 3,400 1,550 50

4,908 10,899 6,030 3,800 2,000 100

FSU-12

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY PALM OIL (OCT-SEP) SUNFLOWERSEED OIL (SEP-AUG) SOYBEAN OIL (OCT-SEP)

1,727 2,387 837 70 397 125

1,827 2,403 820 80 386 202

2,728 2,865 857 125 357 227

2,827 3,033 947 225 345 315

2,544 3,201 1,149 325 351 420

2,899 3,109 952 200 351 350

PAKISTAN

TOTAL PRODUCTION TOTAL CONSUMPTION TOTAL IMPORTS PALM OIL SOYBEAN OIL

MY MY MY (OCT-SEP) (OCT-SEP)

410 1,710 1,305 1,124 163

463 1,939 1,409 981 407

632 1,880 1,284 1,039 225

574 1,799 1,259 1,054 175

526 1,942 1,385 1,150 225

486 1,948 1,452 1,200 250

EGYPT

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY SUNFLOWERSEED OIL (OCT-SEP) COTTONSEED OIL (OCT-SEP) PALM OIL (OCT-SEP) SOYBEAN OIL (OCT-SEP)

106 922 816 240 11 400 165

93 979 896 260 6 450 180

96 1,040 944 200 11 455 278

99 1,107 998 110 8 545 335

135 1,111 976 75 6 545 350

158 1,172 1,014 83 6 561 364

IRAN

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY PALM OIL (OCT-SEP) SOYBEAN OIL (OCT-SEP) SUNFLOWERSEED OIL (OCT-SEP)

51 941 1,000 100 700 200

112 1,137 1,240 105 960 175

149 1,174 1,100 140 760 200

157 1,184 1,130 170 850 110

160 1,252 1,204 224 900 80

168 1,316 1,260 230 950 80

ALGERIA

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY SUNFLOWERSEED OIL (JAN-DEC) RAPESEED OIL (JAN-DEC)

10 360 342 240 15

40 342 320 250 47

35 354 314 225 33

30 409 370 230 25

45 419 378 186 2

45 428 378 186 2

MOROCCO

TOTAL PRODUCTION TOTAL CONSUMPTION TOTAL IMPORTS SOYBEAN OIL RAPESEED OIL

MY MY MY (OCT-SEP) (OCT-SEP)

168 384 226 120 30

164 413 261 230 10

124 432 301 260 10

104 381 281 260 5

110 417 311 290 5

108 424 321 300 5

NIGERIA

TOTAL PRODUCTION TOTAL CONSUMPTION TOTAL IMPORTS PALM OIL

MY MY MY (OCT-SEP)

988 1,075 120 120

1,131 1,240 144 140

1,160 1,300 185 180

1,131 1,347 251 250

1,179 1,433 274 270

1,204 1,459 285 280

VENEZUELA

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY SUNFLOWERSEED OIL (OCT-SEP) SOYBEAN OIL (OCT-SEP)

103 316 217 60 150

114 421 308 36 260

93 357 263 23 227

124 362 233 22 197

125 356 230 16 200

131 369 238 19 205

CHINA

TOTAL PRODUCTION TOTAL CONSUMPTION TOTAL IMPORTS PALM OIL SOYBEAN OIL RAPESEED OIL

MY MY MY (OCT-SEP) (OCT-SEP) (OCT-SEP)

7,069 10,336 3,437 1,300 1,650 400

8,311 10,785 2,458 1,275 950 175

9,799 11,528 1,911 1,200 556 40

10,645 12,473 1,968 1,579 80 85

10,658 13,248 2,665 2,020 370 50

10,664 13,759 3,280 2,200 800 40

BANGLADESH TOTAL PRODUCTION TOTAL CONSUMPTION TOTAL IMPORTS SOYBEAN OIL PALM OIL

MY MY MY (OCT-SEP) (OCT-SEP)

138 563 420 260 130

143 714 587 510 50

182 850 683 481 172

174 1,038 884 503 350

153 1,042 888 511 340

122 1,042 922 540 350

16,418 26,668 10,706 4,803 724 3,634 1,349

17,762 29,616 13,022 6,011 613 4,541 1,695

19,863 31,679 12,736 6,667 373 3,822 1,625

20,576 33,779 14,346 8,262 216 4,156 1,317

20,922 35,029 14,581 8,388 108 4,910 783

20,893 35,925 16,132 8,935 92 5,854 836

TOTAL OF SELECTED IMPORTERS

TOTAL PRODUCTION MY TOTAL CONSUMPTION MY TOTAL IMPORTS MY PALM OIL MY RAPESEED OIL MY SOYBEAN OIL MY SUNFLOWERSEED OIL MY

NOTE: PRODUCTION IS OIL PROCESSED FROM DOMESTIC AND/OR IMPORTED OILSEEDS, PLUS OIL FROM OTHER DOMESTIC SOURCES (E.G. PALM OIL, FISH OIL). ANIMAL FATS ARE NOT INCLUDED. CONSUMPTION DATA MAY INCLUDE YEAR-TO-YEAR ADJUSTMENTS IN CASES WHERE STOCKS DATA ARE NOT AVAILABLE OR ARE NOT RELIABLE. TOTALS ARE FOR ALL COUNTRIES CONTAINED IN THE TABLE. SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS FOREIGN AGRICULTURAL SERVICE USDA ESTIMATES COTTON, OILSEEDS, TOBACCO DATE: November 2002 and SEEDS DIVISION

FAS:COTS November 2002

TABLE 10

UNITED STATES: OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION

LOCAL MARKETING YEARS

(1,000 METRIC TONS)

AREA HA MAJOR OILSEEDS 1993/94(93) 1994/95(94) 1995/96(95) 1996/97(96) 1997/98(97) 1998/99(98) 1999/00(99) 2000/01(00) 2001/02(01) 2002/03(02)

30,132 32,183 33,536 32,555 35,351 35,275 37,149 36,805 37,323 36,309

MAJOR PROTEIN MEALS 1993/94(93) 1994/95(94) 1995/96(95) 1996/97(96) 1997/98(97) 1998/99(98) 1999/00(99) 2000/01(00) 2001/02(01) 2002/03(02) -

YIELD MT/HA

1.973 2.476 2.058 2.296 2.351 2.392 2.216 2.307 2.407 2.278

59,463 79,671 69,026 74,755 83,095 84,365 82,315 84,891 89,832 82,726

551 510 466 594 670 684 759 817 654 414

16,524 23,865 23,872 24,746 24,519 22,721 27,395 27,976 29,940 25,021

-

30,284 33,240 32,294 33,772 37,422 36,799 36,697 38,215 38,972 38,005

1,024 860 1,048 1,025 1,355 1,206 1,224 1,166 1,032 1,023

5,106 6,355 5,687 6,598 8,700 6,716 6,878 7,258 7,030 5,853

7,382 8,486 8,169 8,333 9,505 9,430 9,371 9,508 9,655 9,508

1,345 1,294 1,279 1,554 1,644 1,412 1,522 1,668 1,468 1,472

1,093 1,953 977 1,515 2,044 1,637 1,133 1,054 1,555 1,321

MAJOR VEGETABLE AND MARINE OILS 1993/94(93) 1994/95(94) 1995/96(95) 1996/97(96) 1997/98(97) 1998/99(98) 1999/00(99) 2000/01(00) 2001/02(01) 2002/03(02) NOTE:

PROD IMPORTS EXPORTS

CRUSH DOMESTIC CONS

39,218 43,994 42,572 44,135 48,889 47,814 47,891 49,066 50,624 49,219

ENDING STOCKS

45,784 52,721 49,842 52,000 57,455 57,993 57,474 58,897 61,491 58,996

6,678 10,273 6,051 4,654 6,445 10,780 8,985 7,820 6,875 5,998

-

26,225 27,683 27,665 28,222 30,007 31,255 31,079 32,024 33,083 33,187

200 262 252 229 299 333 297 396 287 275

-

7,851 7,862 8,059 8,580 9,064 9,190 9,545 9,646 9,956 10,052

774 739 1,151 943 984 999 1,214 1,690 1,302 909

MAJOR OILSEEDS INCLUDE COTTONSEED, PEANUTS, RAPESEED, SOYBEANS, AND SUNFLOWERSEED MAJOR PROTEIN MEALS INCLUDE COPRA, COTTONSEED, FISH, PEANUT, RAPESEED, SOYBEAN, AND SUNFLOWERSEED MAJOR VEGETABLE AND FISH OILS INCLUDE COCONUT, COTTONSEED, FISH, OLIVE, PALM, PALM KERNEL, PEANUT, RAPESEED, SOYBEAN, AND SUNFLOWERSEED.

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES NOVEMBER

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 11

UNITED STATES: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION

LOCAL MARKETING YEARS

(1000 METRIC TONS)

AREA HA

YIELD MT/HA

PROD IMPORTS EXPORTS

SOYBEAN (SEP-AUG) 1993/94(93) 23,191 1994/95(94) 24,609 1995/96(95) 24,906 1996/97(96) 25,637 1997/98(97) 27,968 1998/99(98) 28,507 1999/2000(99) 29,318 2000/2001(00) 29,303 2001/2002(01) 29,532 2002/2003(02) 29,056

2.194 2.781 2.376 2.527 2.616 2.617 2.463 2.561 2.664 2.519

50,885 68,444 59,174 64,780 73,176 74,598 72,224 75,055 78,672 73,202

175 149 121 242 135 82 114 97 63 54

16,006 22,867 23,108 24,110 23,760 21,898 26,537 27,103 28,918 24,222

SOYBEAN MEAL (OCT-SEP) 1993/94(93) 1994/95(94) 1995/96(95) 1996/97(96) 1997/98(97) 1998/99(98) 1999/2000(99) 2000/2001(00) 2001/2002(01) 2002/2003(02) -

-

27,682 30,182 29,508 31,035 34,633 34,285 34,102 35,730 36,602 35,806

63 58 68 92 51 90 45 46 100 218

4,867 6,092 5,446 6,344 8,464 6,461 6,652 6,988 6,781 5,625

SOYBEAN OIL (OCT-SEP) 1993/94(93) 1994/95(94) 1995/96(95) 1996/97(96) 1997/98(97) 1998/99(98) 1999/2000(99) 2000/2001(00) 2001/2002(01) 2002/2003(02) -

-

6,328 7,082 6,913 7,145 8,229 8,202 8,085 8,355 8,572 8,509

31 8 43 24 27 37 37 33 20 30

695 1,217 450 922 1,397 1,076 624 636 1,134 1,043

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES

FAS:COTS November 2002

CRUSH DOMESTIC CONS

34,716 38,242 37,273 39,080 43,464 43,262 42,927 44,625 46,259 45,178

ENDING STOCKS

37,318 42,305 40,306 42,317 47,701 48,736 47,388 49,203 50,894 49,672

5,691 9,112 4,993 3,588 5,438 9,484 7,897 6,743 5,666 5,028

-

22,927 24,081 24,140 24,785 26,213 27,812 27,529 28,706 30,051 30,390

136 203 193 191 198 300 266 348 218 227

-

5,869 5,857 6,108 6,471 6,922 7,101 7,282 7,352 7,693 7,892

500 516 914 690 627 689 905 1,305 1,070 674

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

DATE: November 2002 TABLE 12

BRAZIL: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION

LOCAL MARKETING YEARS

(1,000 METRIC TONS)

AREA HA

YIELD MT/HA

PROD IMPORTS EXPORTS

SOYBEANS (FEB-JAN) 1994/95(93) 11,440 1995/96(94) 11,680 1996/97(95) 10,950 1997/98(96) 11,800 1998/99(97) 13,000 1999/2000(98) 12,900 2000/01(99) 13,600 2001/02(00) 13,934 2002/03(01) 16,350 2003/04(02) 18,000

2.159 2.217 2.205 2.314 2.500 2.426 2.515 2.799 2.661 2.722

24,700 25,900 24,150 27,300 32,500 31,300 34,200 39,000 43,500 49,000

900 900 1,300 1,450 500 700 800 900 1,100 900

5,395 3,492 3,633 8,328 9,336 8,973 11,779 15,520 16,150 20,500

SOYBEAN MEAL (FEB-JAN) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) 2003/04(02) -

-

14,726 16,977 15,841 14,863 17,235 17,000 16,900 17,699 20,219 20,909

0 0 100 300 138 175 120 215 320 250

10,519 11,471 10,900 9,800 10,850 10,150 9,875 10,852 12,300 12,900

SOYBEAN OIL (FEB-JAN) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) 2003/04(02) -

-

3,522 4,061 3,749 3,521 4,096 4,040 4,012 4,250 4,890 5,062

320 162 175 200 200 240 111 250 300 300

1,556 1,643 1,320 1,075 1,418 1,463 1,135 1,620 2,078 2,195

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

CRUSH DOMESTIC CONS

18,736 21,599 20,154 18,910 21,900 21,600 21,578 22,273 25,600 26,500

ENDING STOCKS

20,386 23,249 21,702 20,469 23,579 23,251 23,346 24,492 27,901 29,070

651 710 825 778 863 639 514 402 951 1,281

-

4,299 5,300 5,300 5,400 6,535 6,900 7,200 7,288 7,900 8,150

434 640 381 344 332 457 402 176 515 624

-

2,399 2,500 2,630 2,676 2,827 2,816 2,942 2,958 3,100 3,200

144 224 198 168 219 220 266 188 200 167

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 13

ARGENTINA: SOYBEANS AND PRODUCTS SUPPLY AND DISTRIBUTION

LOCAL MARKETING YEARS

(1,000 METRIC TONS)

AREA HA

YIELD MT/HA

PROD IMPORTS EXPORTS

CRUSH DOMESTIC CONS

ENDING STOCKS

SOYBEANS (APR-MAR) 1994/95(93) 5,400 1995/96(94) 5,700 1996/97(95) 5,980 1997/98(96) 6,200 1998/99(97) 6,954 1999/2000(98) 8,165 2000/01(99) 8,583 2001/02(00) 10,400 2002/03(01) 11,400 2003/04(02) 12,300

2.296 2.193 2.079 1.806 2.804 2.449 2.470 2.673 2.632 2.642

SOYBEAN MEAL (APR-MAR) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) 2003/04(02) -

-

7047 7563 7950 8350 13400 13500 13125 15500 16450 17875

0 0 0 0 0 0 0 0 0 0

6731 7150 7781 8350 12950 13190 13135 15450 16150 17600

-

185 190 195 200 205 210 215 209 220 235

292 515 489 289 534 634 409 250 330 370

SOYBEAN OIL (APR-MAR) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) 2003/04(02) -

-

1508 1605 1717 1960 2970 3150 3030 3625 3850 4190

0 0 0 0 0 0 0 0 0 0

1442 1477 1634 1860 2725 3060 2935 3595 3700 4055

-

77 95 100 100 102 103 104 121 125 130

34 67 50 50 193 180 171 80 105 110

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

12,400 12,500 12,430 11,200 19,500 20,000 21,200 27,800 30,000 32,500

0 0 10 650 1,250 790 400 420 400 400

2,957 2,614 2,014 725 3,231 3,400 4,100 7,500 7,600 9,100

8,718 9,280 9,927 10,423 16,750 17,100 16,500 19,500 20,700 22,600

9,276 9,843 10,515 10,993 17,362 17,826 17,512 20,720 21,977 23,972

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

322 365 276 408 565 129 117 117 940 768

TABLE 14

ARGENTINA: SUNFLOWERSEED AND PRODUCTS SUPPLY AND DISTRIBUTION

LOCAL MARKETING YEARS

(1,000 METRIC TONS)

AREA HA

YIELD MT/HA

PROD IMPORTS EXPORTS

1.860 2.107 1.750 1.862 1.651 1.816 1.726 1.617 1.869 1.739

3,850 5,900 5,600 5,400 5,500 7,100 6,000 3,050 3,700 4,000

0 0 0 0 0 0 0 0 0 0

580 884 550 100 453 910 283 72 300 300

SUNFLOWERSEED MEAL (MAR-FEB) 1993/94(92) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) -

1,393 2,129 2,100 2,174 2,092 2,573 2,160 1,435 1,390 1,525

0 0 0 0 0 0 0 0 0 0

1,300 1,996 1,954 2,050 1,940 2,420 1,950 1,280 1,220 1,345

SUNFLOWERSEED OIL (MAR-FEB) 1993/94(92) 1994/95(93) 1995/96(94) 1996/97(95) 1997/98(96) 1998/99(97) 1999/2000(98) 2000/01(99) 2001/02(00) 2002/03(01) -

1,280 1,980 2,000 2,070 1,990 2,450 2,140 1,440 1,390 1,522

0 0 0 0 0 0 0 0 0 0

920 1,556 1,510 1,610 1,510 1,835 1,634 910 863 1,000

SUNFLOWERSEED (MAR-FEB) 1993/94(92) 2,070 1994/95(93) 2,800 1995/96(94) 3,200 1996/97(95) 2,900 1997/98(96) 3,331 1998/99(97) 3,909 1999/2000(98) 3,477 2000/01(99) 1,886 2001/02(00) 1,980 2002/03(01) 2,300

SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

CRUSH DOMESTIC CONS

3,240 4,951 5,000 5,175 4,975 6,195 5,200 3,460 3,350 3,675

ENDING STOCKS

3,290 5,011 5,060 5,235 5,035 6,255 5,260 3,500 3,390 3,710

116 121 111 176 188 123 580 58 68 58

-

120 150 140 140 142 150 175 189 185 185

107 90 96 80 90 93 128 94 79 74

-

390 419 480 480 480 561 560 546 525 522

76 81 91 71 71 125 71 55 57 57

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

FAS:COTS November 2002

TABLE 15

EUROPEAN UNION:

OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION

(1,000 METRIC TONS)

OILSEED PRODUCTION RAPESEED SUNFLOWERSEED SOYBEANS OTHER TOTAL PROTEIN MEAL CONSUMPTION 1/ SOYBEAN SUNFLOWERSEED RAPESEED CORN GLUTEN FEED/MEAL 2/ OTHER TOTAL 3/ TOTAL SME 4/ OIL CONSUMPTION 1/ SOYBEAN OLIVE SUNFLOWERSEED RAPESEED OTHER TOTAL IMPORTS(EX.INTRA TRADE) 5/ SOYBEANS SOYBEAN MEAL SUNFLOWERSEED EXPORTS(EX.INTRA TRADE) 5/ 6/ SOYBEAN MEAL SOYBEAN OIL RAPESEED OIL

1998/99

1999/00

2000/01

2001/02 PRELIM

2002/03 FORECAST

9,517 3,400 1,541 720

11,484 3,213 1,147 836

9,056 3,311 1,048 761

8,912 3,011 1,214 779

9,228 2,747 947 649

15,178

16,680

14,176

13,916

13,571

27,270 4,554 5,657 6,550 4,026

25,970 4,308 6,095 6,325 4,231

27,581 4,218 5,537 6,455 4,692

29,026 3,584 5,249 6,450 4,658

29,273 3,599 4,974 6,500 4,651

41,507 42,864

40,604 41,699

42,028 43,017

42,517 43,588

42,497 43,686

1,876 1,798 2,025 2,561 3,312

1,495 1,773 1,948 2,777 3,543

1,792 1,829 2,072 3,242 4,177

1,835 1,849 1,935 3,256 4,306

1,829 1,803 1,986 3,195 4,166

11,572

11,536

13,112

13,181

12,979

16,026 16,425 2,764

14,502 16,524 2,212

17,993 17,233 2,057

19,057 18,222 1,226

19,312 18,305 1,352

1,282 1,052 774

1,272 1,048 695

1,883 1,121 229

2,140 1,115 269

2,190 1,178 386

1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS

2/ BASED ON EC IMPORT DATA ONLY

3/ CORN GLUTEN FEED/MEAL NOT INCLUDED

4/ 44-PERCENT SOYBEAN MEAL EQUIVALENT, INCLUDING CORN GLUTEN FEED/MEAL.

5/ OCTOBER-SEPTEMBER YEARS

SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 16

RUSSIA:

OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION

(1,000 METRIC TONS)

1998/99

1999/00

2000/01

2001/02 PRELIM

125 297 3,000

135 334 4,150

148 342 3,915

140 350 2,700

150 370 3,300

3,422

4,619

4,405

3,190

3,820

561 720 39 176

660 985 56 205

500 995 53 255

625 920 56 185

710 1,027 67 173

1,496 1,523

1,906 1,926

1,803 1,846

1,786 1,801

1,977 1,977

239 1 1,005 147 80

280 3 1,185 155 125

343 1 1,280 80 227

495 1 1,140 67 323

407 1 1,270 70 200

1,472

1,748

1,931

2,026

1,948

IMPORTS 3/

SOYBEANS

SOYBEAN MEAL

SUNFLOWERSEED OIL

200 350 260

65 365 190

20 165 170

100 300 170

140 335 170

EXPORTS 3/

SUNFLOWERSEED

SOYBEANS

SUNFLOWERSEED OIL

FISHMEAL

890 80 55 10

855 45 195 10

730 15 150 10

OILSEED PRODUCTION RAPESEED SOYBEANS SUNFLOWERSEED TOTAL PROTEIN MEAL CONSUMPTION SOYBEAN

SUNFLOWERSEED

RAPESEED

FISH

TOTAL 1/

TOTAL SME 2/

OIL CONSUMPTION

SOYBEAN

COTTONSEED

SUNFLOWERSEED

RAPESEED

OTHER

TOTAL 1/

2002/03 FORECAST

50 15 85 10

1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS 2/ 44-PERCENT SOYBEAN MEAL EQUIVALENT 3/ ASSORTED MARKETING YEARS SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

100 20 85 7

TABLE 17

CHINA:

OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION

(1,000 METRIC TONS)

OILSEED PRODUCTION COTTONSEED PEANUTS RAPESEED SOYBEANS SUNFLOWERSEED TOTAL PROTEIN MEAL CONSUMPTION SOYBEAN COTTONSEED RAPESEED PEANUT OTHER TOTAL 1/ TOTAL SME 2/ OIL CONSUMPTION SOYBEAN COTTONSEED PALM RAPESEED PEANUT SUNFLOWER OTHER TOTAL 1/ IMPORTS 3/ SOYBEANS RAPESEED FISHMEAL SOYMEAL PALM OIL SOYBEAN OIL RAPESEED OIL EXPORTS 3/ SOYBEANS PEANUTS SOYBEAN MEAL COTTONSEED MEAL RAPESEED MEAL RAPESEED OIL

1998/99

1999/00

2000/01

2001/02 PRELIM

8,100 11,886 8,300 15,152 1,465

6,900 12,639 10,132 14,290 1,800

7,960 14,437 11,381 15,400 1,954

9,560 14,415 11,331 15,410 1,478

8,424 14,500 10,500 16,400 1,800

44,903

45,761

51,132

52,194

51,624

11,416 2,873 5,570 2,411 1,603

12,579 2,440 6,909 2,506 1,988

15,040 2,600 7,190 2,645 1,764

15,155 3,180 6,715 2,615 1,778

16,910 2,825 6,285 2,709 1,787

23,873 22,505

26,422 24,916

29,239 27,526

29,443 27,800

30,516 29,028

3,080 963 1,275 3,325 1,919 183 223 10,968

2,871 850 1,200 4,285 2,020 199 302

3,265 900 1,579 4,190 2,110 215 429

3,856 1,116 2,020 3,740 2,115 181 401

2002/03 FORECAST

4,450 975 2,200 3,510 2,170 224 454

11,727

12,688

13,429

13,983

3,850 2,150 650 1400 1,275 950 175

10,100 3,678 1,000 633 1,200 556 40

13,245 2,361 750 100 1,579 80 85

10,385 775 850 20 2,020 370 50

14,000 550 700 50 2,200 800 40

187 360 7 72 350 50

230 540 29 145 1,000 5

208 450 110 100 610 70

300 525 1,050 170 210 30

1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS 2/ 44-PERCENT SOYBEAN MEAL EQUIVALENT 3/ ASSORTED MARKETING YEARS SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS USDA ESTIMATES DATE: November 2002 FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

275 500 700 125 125 20

TABLE 18

INDIA:

OILSEEDS AND PRODUCTS SUPPLY AND DISTRIBUTION

(1,000 METRIC TONS) 1998/99

1999/00

2000/01

2001/02 PRELIM

5,470 7,450 4,900 6,000 1,200

5,170 5,500 5,110 5,200 1,300

4,900 5,700 3,725 5,250 1,250

5,100 7,600 4,500 5,400 1,450

4,600 6,700 4,100 5,000 1,625

25,020

22,280

20,825

24,050

22,025

1,425 1,935 2,440 2,400 772

1,210 1,762 2,720 1,735 828

1,224 1,744 2,450 1,790 798

1,255 1,727 2,305 2,310 873

1,495 1,600 2,090 2,078 952

TOTAL 1/ TOTAL SME 2/

8,972 8,013

8,255 7,155

8,006 6,997

8,470 7,567

8,215 7,360

OIL CONSUMPTION SOYBEAN COTTONSEED PALM RAPESEED PEANUT OTHER

1,805 618 2,310 1,503 1,675 1,332

1,582 569 3,500 1,560 1,200 1,488

2,215 570 4,100 1,100 1,245 1,416

2,385 573 3,575 1,332 1,660 1,083

2,768 529 3,780 1,187 1,465 1,170

9,243

9,899

10,646

10,608

10,899

IMPORTS 3/ SOYBEANS SUNFLOWERSEED OIL PALM OIL SOYBEAN OIL RAPESEED OIL

0 550 2,900 833 241

0 570 3,300 790 160

0 455 4,000 1,400 50

0 50 3,400 1,550 5

0 100 3,800 2,000 5

EXPORTS 3/ PEANUTS PEANUT MEAL SOYBEAN MEAL RAPESEED MEAL

40 50 2,800 160

100 10 2,375 130

100 20 2,350 50

125 100 2,450 350

105 50 1,900 290

OILSEED PRODUCTION COTTONSEED PEANUTS RAPESEED SOYBEANS SUNFLOWERSEED TOTAL PROTEIN MEAL CONSUMPTION SOYBEAN COTTONSEED RAPESEED PEANUT OTHER

TOTAL 1/

2002/03 FORECAST

1/ AN AGGREGATE OF DIFFERENT MARKETING YEARS 2/ 44-PERCENT SOYBEAN MEAL EQUIVALENT 3/ ASSORTED MARKETING YEARS SOURCE: COUNSELOR AND ATTACHE REPORTS OFFICIAL STATISTICS USDA ESTIMATES DATE: November 2002

FAS:COTS November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 19

MALAYSIA: PALM OIL SUPPLY AND DISTRIBUTION

(1,000 METRIC TONS)

YEAR

1986/87 1987/88 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3/ 1997/98 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3/ 1998/99 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3/ 1999/2000 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3/ 2000/2001 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3/ 2001/2002 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 3,4/ 2002/2003 OCT-DEC JAN-MAR APR-JUN JUL-SEP TOTAL 5/

BEGINNING STOCKS

PRODUCTION 1/

613 652 684 887 912 817 656 1,026 627 646

4,560 4,852 5,636 6,412 6,033 6,222 7,125 7,100 7,771 8,264

3,977 4,128 4,670 5,520 5,436 5,552 5,740 6,500 6,634 6,660

544 692 763 882 915 1,020 1,274 1,227 1,170 1,370

652 684 887 912 817 656 1,026 627 646 894

894

2,286 1,768 2,322 2,629 9,005

2,005 1,505 1,814 2,069 7,544

1,458

907

907

2,343 1,714 1,961 2,490 8,508

1,883 1,764 1,658 2,116 7,421

1,366

719

719

2,149 1,771 2,865 2,973 9,758

1,794 1,561 2,105 2,433 8,100

1,459

1,208

1,208

2,943 2,225 2,415 2,908 10,491

2,520 2,030 1,875 2,050 8,845

1,566

1,368

1,368

3,290 2,836 2,832 2,979 11,937

2,567 2,562 2,557 2,337 10,475

1,675

1,216

1,216

3,155 2,601 2,732 3,368 11,858

2,647 2,390 2,680 2,876 10,500

1,706

1,218

3,500

3,000

11,800

10,450

1,798

1,070

1,218

EXPORTS 6/

CONSUMPTION 2/

ENDING STOCKS

1/TOTALS ARE BASED ON AN OCTOBER-SEPTEMBER BASIS. 2/ UTILIZATION INCLUDES EXPORTS OF FURTHER PROCESSED PRODUCTS AND REFINING LOSSES AND THEREFORE IS HIGHER THAN THE ACTUAL LEVEL. 3/ QUARTERLY EXPORT DATA MAY NOT ADD TO YEAR TOTAL BECAUSE QUARTERLY IMPORT DATA IS NOT AVAILABLE. 4/ PRELIMINARY 5/ FORECAST 6/ NET EXPORTS: EXCLUDING PALM AND FATTY ACID DISTILLATES. SOURCE: COUNSELOR AND ATTACHE REPORTS, OFFICIAL STATISTICS, USDA ESTIMATES. November 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 20.

OILSEED PRICES

(US DOLLARS PER METRIC TON)

YEAR BEG. OCT.1

U.S. 1/

U.S. 2/

OCT-SEP AVG. 91/92-00/01

214

217

224

220

249

602

926

225

1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01

205 213 233 205 263 274 230 176 173 167

208 216 234 208 273 278 233 177 175 169

211 222 235 217 284 285 240 184 183 180

207 217 231 214 277 288 231 179 180 175

237 246 259 248 304 307 259 225 208 200

600 640 668 609 635 603 578 563 544 582

831 958 1088 856 986 926 1055 847 820 888

2001/02 OCT. NOV. DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP.

150 153 154 155 155 161 164 170 179 197 203 198

152 156 157 156 157 165 168 175 184 205 205 206

177 178 173 161 160 164 171 181 194 202 210 220

173 172 168 158 162 163 164 175 188 199 209 216

187 189 189 188 187 191 192 202 213 229 227 236

503 465 434 302 236 N/A N/A N/A N/A N/A N/A 392

AVERAGE

170

174

183

179

203

190

193

195

189

190

193

195

189

2002/03 *OCT. NOV DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP. AVERAGE

SOYBEANS BRAZIL ARG 3/ 4/

RAPESEED HAMB 10/

COPRA ROTT 11/

LINSEED ROTT 12/

275

251

388

246

192 215 284 236 254 258 256 223 168 167

N/A 271 317 309 312 266 309 257 214 219

205 234 284 289 298 284 296 227 190 202

397 292 388 432 487 452 398 468 357 208

201 229 232 261 288 298 302 235 193 217

743 720 680 686 690 630 623 615 705 715 715 875

181 200 217 210 220 225 234 231 260 302 287 289

257 308 314 299 304 290 277 293 272 274 282 274

221 231 224 221 212 210 196 199 211 222 242 256

195 202 212 221 232 232 244 263 289 289 290 270

245 245 244 245 242 242 244 248 266 275 283 296

389

700

238

287

220

245

256

229

401

878

271

284

258

274

307

229

401

878

271

284

258

274

307

ROTT 5/

PEANUT U.S. ROTT 6/ 7/

SUNFLOWERSEED U.S. ROTT 8/ 9/

1/ U.S. FARM PRICE; USDA. 2/ U.S. NO.1 YELLOW CASH CENTRAL ILLINOIS; WALL STREET JOURNAL.

3/ RIO GRANDE, BRAZIL FOB; SAFRAS AND MERCADO. 4/ ARGENTINA FOB B.AIRES; SAFRAS AND MERCADO.

5/ ROTTERDAM CIF; VARIOUS SOURCES; OIL WORLD. 6/ U.S. FARM PRICE; IN-SHELL BASIS; USDA.

7/ ROTT CIF; US RUNNERS 40/50%, PUBLIC LEDGER PRIOR TO SEP 90; OIL WORLD FROM OCT 90 TO PRESENT.

8/ U.S. FARM PRICE; USDA. 9/ ROTTERDAM CIF; EC LOWER RHINE (BEGINNING SEP 93) U.S./CANADA PRIOR; OIL WORLD.

10/HAMBURG CIF; EUROPE "00" OIL; OIL WORLD. 11/ ROTTERDAM CIF; PHILLIPINES/INDONESIA; OIL WORLD

12/ ROTTERDAM CIF; CANADA NO.1; OIL WORLD.

DATE: NOVEMBER 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 21.

PROTEIN MEAL PRICES

(US DOLLARS PER METRIC TON)

U.S. 1/

SOYBEAN BRA ARG 2/ 3/

ROT 4/

COTTONSEED U.S. 5/

OCT-SEP AVG. 91/92-00/01

210

199

180

204

164

96

1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01

209 214 213 179 260 289 204 153 185 191

184 185 182 172 256 289 201 150 182 187

176 183 174 151 233 257 174 130 159 168

203 207 202 184 256 278 197 150 180 188

155 178 181 123 210 212 159 121 141 158

2001/02 OCT. NOV. DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP.

182 183 170 174 169 177 178 181 188 188 186 186

181 187 175 182 174 165 162 164 168 176 170 184

157 156 147 161 156 153 148 153 156 163 151 161

182 182 173 182 169 164 166 169 172 177 173 183

AVERAGE

180

174

155

185

181

185

181

YEAR BEG. OCT.1

2002/03 *OCT. NOV DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP. AVERAGE

SUNFLOWERSEED U.S. ROT 6/ 7/

PEANUT U.S. 8/

FISH HAM 9/

RAPESEED HAM 10/

COPRA ROTT 11/

CORN GLUTEN 12/

117

179

485

144

123

120

85 98 104 69 136 122 93 72 83 100

123 134 127 103 151 138 103 76 102 118

170 191 215 142 223 256 231 110 122 134

494 390 364 448 587 579 686 442 407 459

139 157 152 134 180 175 139 105 124 141

144 131 134 125 162 134 105 108 91 92

146 135 127 128 159 127 99 96 91 95

145 141 148 147 138 145 137 133 152 152 160 156

94 94 94 91 90 94 97 99 99 100 N/A N/A

120 117 114 112 103 101 106 106 101 105 113 116

127 123 110 113 110 116 121 116 N/A 130 135 137

509 543 573 585 590 593 609 625 631 619 617 615

139 137 137 137 137 128 122 128 120 114 122 125

97 93 93 102 108 100 105 107 107 105 105 104

101 95 94 93 89 86 85 86 87 90 99 102

174

146

95

110

122

592

129

102

92

161

182

165

N/A

115

N/A

606

128

110

102

161

182

165

N/A

115

N/A

606

128

110

102

1/ DECATUR, AVERAGE WHOLSALE 48% PROTEIN; USDA. 2/ RIO GRANDE, BRAZIL FOB BULK RATE 45-46% PROTEIN; SAFRAS AND MERCADO. 3/ ARG. PELLETS, FOB B.AIRES; SAFRAS & MERCADO 4/ ROTTERDAM CIF; ARG. 45/46%; OIL WORLD. 5/ MEMPHIS FOB; 41% PROTEIN SOLVENT EXTRACTION; USDA 6/ MINNEAPOLIS FOB; 32% PROTEIN; USDA. 7/ ROTTERDAM CIF; ARGENTINA-URUGUAY PELLET 37-38%; OIL WORLD. 8/ SOUTHEAST MILLS FOB. 9/HAMBURG CIF; ANY PRIGIN 64-65% PROTEIN; OIL WORLD 10/ HAMBURG FOB; EX-MILL 34% PROTEIN; OIL WORLD. 11/ ROTTERDAM CIF; PHILIPPINES EXPELLER PELLETS 26% PROTEIN; OIL WORLD. 12/ ROTTERDAM CIF; PELLETS 23-24% PROTEIN; OIL WORLD.

DATE: NOVEMBER 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

TABLE 22.

VEGETABLE OIL PRICES

(US DOLLARS PER METRIC TON)

YEAR BEGINNING. OCT.1

U.S. 1/

OCT-SEP AVG. 91/92-00/01

480

469

471

503

569

610

515

556

849

837

452

503

594

517

1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01

421 472 595 606 545 496 569 438 344 311

394 420 539 608 537 514 608 452 328 295

398 408 543 623 533 515 614 453 332 295

437 453 580 642 575 536 633 483 356 336

503 663 668 644 585 564 636 602 474 352

545 688 749 671 613 588 693 632 496 428

477 559 685 619 560 499 595 444 365 350

459 492 627 691 617 545 730 560 413 428

602 604 952 977 888 963 1080 876 780 768

641 674 973 1005 928 959 964 801 744 685

365 382 445 651 523 526 601 486 309 235

416 441 578 637 566 539 637 482 359 372

605 446 564 656 746 693 625 748 539 323

569 461 582 584 556 530 638 558 393 299

2001/02 OCT. NOV. DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP.

317 336 333 327 312 325 338 353 390 422 454 448

310 344 358 362 323 322 340 375 417 423 473 470

308 344 357 365 323 322 340 375 417 423 473 469

376 388 403 389 358 353 370 397 438 470 503 494

318 351 354 361 350 370 374 396 429 470 492 492

396 425 403 408 408 420 431 443 462 474 519 556

384 422 532 522 518 517 514 516 556 N/A N/A 646

522 620 651 606 578 557 552 574 595 602 610 576

799 816 816 772 617 600 595 595 661 750 776 799

666 668 668 665 665 671 656 647 641 635 635 696

235 290 302 322 302 311 317 337 392 376 376 391

434 452 460 449 418 411 409 410 451 477 520 526

307 330 339 362 376 366 411 420 446 445 443 410

379 403 495 453 405 405 390 377 388 421 479 472

AVERAGE

363

376

376

412

396

445

513

587

716

659

329

451

388

422

457

471

470

517

592

595

657

595

N/A

666

394

536

434

494

457

471

470

517

592

595

657

595

N/A

666

394

536

434

494

2002/03 *OCT. NOV. DEC. JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP. AVERAGE

SOYBEANS BRAZIL ARG 2/ 3/

ROTT 4/

COTTONSEED U.S. ROTT 5/ 6/

SUNFLOWERSEED U.S. ROTT 7/ 8/

U.S. 9/

PEANUT ROTT 10/

PALM MALAY 11/

RAPESEED COCONUT ROTT ROTT 12/ 13/

CORN U.S. 14/

1/ DECATUR; AVERAGE WHOLESALE TANK CRUDE; USDA. 2/ RIO GRANDE, BRAZIL FOB; BULK RATE; SAFRAS AND MERCADO & OILWORLD

3/ CRUDE FOB, BUENOS AIRES SAFRAS AND MERCADO & OILWORLD 4/ DUTCH FOB; EX-MILL; OIL WORLD. 5/ VALLEY POINTS FOB.

TANK CARS CRUDE; USDA. 6/ ROTTERDAM CIF/FOB GULF SINCE 1994; US PBSY; OIL WORLD. 7/ MINNEAPOLIS FOB; USDA.

8/ EU FOB NW EURO PORTS; OIL WORLD. 9/ SOUTH EAST MILLS FOB; TANK CARS CRUDE; USDA. 10/ ROTTERDAM CIF; ANY ORIGIN; OIL WORLD.

11/ MALAYSIA FOB;RBD; PORLA & OILWORLD. 12/ ROTTERDAM, DUTCH, FOB EX-MILL; OIL WORLD. 13/ ROTTERDAM CIF; PHILIPPINES/INDONESIA;

OIL WORLD. 14/ DECATUR; CRUDE; AMS AND WALL STREET JOURNAL.

DATE: NOVEMBER 2002

FOREIGN AGRICULTURAL SERVICE COTTON, OILSEEDS, TOBACCO and SEEDS DIVISION

Table 23: GSM-102 Program Announcements and Sales Registrations 1/

Fiscal Year 2003

($ Million)

Country

Announced

(MAXIMUM CREDIT PERIOD)

FY 2003 Allocation

FY 2003 Allocation

Registered

Registered

Registered

15.0 7.0 350.0 400.0 10.0 300.0 5.0 100.0 25.0 40.0 10.0 500.0 500.0 10.0 10.0 60.0 25.0 25.0 700.0 250.0 25.0 50.0 35.0 10.0

15.0 7.0 280.8 351.5 10.0 300.0 5.0 100.0 25.0 40.0 10.0 484.5 418.9 10.0 10.0 60.0 25.0 25.0 619.9 245.2 25.0 50.0 35.0 10.0

0.0 0.0 0.0 1.4 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 0.0 0.8 0.0 0.0 0.0 0.0 0.0

0.0 0.0 24.1 2.7 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 0.0 3.4 0.0 0.0 0.0 0.0 0.0

0.0 0.0 0.0 13.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12.1 4.0 0.0 0.0 0.0 0.0 0.0 4.7 4.8 0.0 0.0 0.0 0.0

3,462.0

3,162.8

2.2

30.2

39.3

124.8 62.4 94.6 148.5 144.0 126.6

360.9 375.1 207.1 137.1 186.0 110.4

621.8 686.1 744.1 665.3 625.7 497.7

Baltic Region (12 months) Bulgaria (36 months) Caribbean Region (36 months) Central American Region (36 months) Central Europe Region (36 months) China/ Hong Kong Region (36 months) East Africa (12 months) Egypt (36 months) India (36 months) Jordan (36 months) Kazakhstan (12 months) Korea (24 months) Mexico (24 months) Morocco (36 months) Nigeria (90 days) Philippines (36 months) Poland (36 months) Romania (12 months) South American Region (36 months) Southeast Asia Region (36 months) Southeast Europe Region (24 months) Southern Africa Region (36 months) Sri Lanka West Africa (12 months)

TOTAL FY 2003 TOTAL FY 2002 TOTAL FY 2001 TOTAL FY 2000 TOTAL FY 1999 TOTAL FY 1998 TOTAL FY 1997

1/As of October 25, 2002

FAS:COTS: October 2002

Balance Available Vegetable Oil Protein Meal

Oilseeds

Table 24: P.L. 480 Title I Obligations Agreements Signed and Sales Registered Fiscal Year 2002

Country

AGREEMENTS UNDER CONSIDERATION SALES REGISTERED Quantity 1/ Value Quantity 1/ Value (1,000 MT) ($ Million) (1,000 MT) ($ Million)

Vegetable Oil: El Salvador

13.4

5.0

--

--

Total Vegetable Oil

13.4

5.0

--

--

Philippines Philippines

57.1 53.2

10.0 10.0

---

---

Total Oilseeds and Meal

110.3

20.0

--

--

TOTAL P.L. 480 Title I

123.7

25.0

--

--

Oilseeds and Meal:

As of January 25, 2002 1/ Agreement quantities are approximate. Actual sales registered are controlled by dollar value.

FAS:COTS: September 2002