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Forecast on world soybean supply-demand balance in 2009/10
07/06/2011
Forecast on world soybean supply-demand balance in 2009/10

2009/10
Supply
Consumption
Ending stock
Opening stock
Production
Import
Domestic use
Export
Total
4.99
158.21
54.57
157.81
55.07
5
The U.S.
0.27
36.09
0.15
28.12
8.12
0.27
Argentina
1.13
27.45
0
0.68
26.8
1.12
Brazil
2.18
24.49
0.15
12.74
11.85
2.23
India
0.43
6.94
0
2.37
4.8
0.2
EU-27
0.39
9.53
23.3
32.54
0.32
0.36
China
0
34.23
0.2
33.8
0.63
0

Forecast on world soybean supply-demand balance in 2009/10
07/06/2011
Forecast on world soybean supply-demand balance in 2009/10

 2009/10
Supply
Consumption
Opening stock
Production
Import
Domestic use
Export
Total
41
242.07
74.54
231.34
75.96
50.32
USA
3
87.07
0.27
50.19
34.43
5.72
Argentina
15.24
51
0.5
36.73
9.7
20.31
Brazil
13.38
60
0.15
34.64
24
14.9
China
7.51
15.4
38.1
53.45
0.5
7.06
EU-27
0.51
0.95
12.4
13.24
0.03
0.59
Japan
0.1
0.23
3.95
4.11
0
0.17
Mexico
0.03
0.16
3.49
3.65
0
0.03

Source: FAS/USDA (August 2009 report)
World soybean supply-demand balance in 2008/09
07/06/2011

 
Supply
Consumption
Opening stock
Production
Import
Domestic use
Export
52.92
210.62
73.39
221.62
74.31
41
USA
5.58
80.54
0.41
49.09
34.43
3
Argentina
21.76
32
1.6
34.16
5.94
15.24
Brazil
18.9
57
0.05
34.77
27.8
13.38
China
4.25
16
39.1
51.34
0.5
7.51
EU-27
0.81
0.65
12.8
13.73
0.03
0.51
Japan
0.27
0.23
3.45
3.85
0
0.1
Mexico
0.02
0.16
3.1
3.25
0
0.03

Source: FAS/USDA (August 2009 report)
Changes in world import demand for corn in 2009 compared with 2008 (million tons)
07/06/2011
Changes in world import demand for corn in 2009 compared with 2008 (million tons)

Country
2008
2009
Change
Volume
%
Total
78.7
83.4
4.68
5.95
Japan
16.5
16.3
-0.2
-1.21
Mexico
7.4
9
1.6
21.62
South Korea
7
7.5
0.5
7.14
Canada
1.8
3.5
1.7
94.44
Colombia
2.8
2.9
0.1
3.57
Iran
3.1
2.9
-0.2
-6.45
Malaysia
2
2.6
0.6
30.00

Source: PS&D Online/ FAS/USDA; Note: 2009 data were estimated in September 2009
Top 10 soybean meal importers of the world in the first 9 months of 2009 (million tons)
07/06/2011
Top 10 soybean meal importers of the world in the first 9 months of 2009 (million tons)

Ordinal
Country
2008
2009
Changes
Volume
%
Total
52.01
54.56
2.55
4.91
1
EU-27
22.15
23.30
1.15
5.19
2
Indonesia
2.45
2.60
0.15
6.12
3
Vietnam
2.30
2.50
0.20
8.70
4
Thailand
2.10
2.21
0.11
5.14
5
South Korea
1.85
1.85
-
0.00
6
Japan
1.63
1.70
0.07
4.29
7
Mexico
1.50
1.49
-0.02
-1.00
8
Philippine
1.32
1.45
0.14
10.27
9
Canada
1.28
1.35
0.07
5.49
10
Venezuela
1.05
1.10
0.05
4.76

Fishmeal consumption and import in large countries, 2008 -2009 (thousand tons)
07/06/2011
Fishmeal consumption and import in large countries, 2008 -2009 (thousand tons)

Country
Domestic consumption
Import
2008
2009
2008
2009
Chile
235
275
35
20
China
1708
1625
1400
1330
EU-27
840
800
500
450
Peru
30
30
1
0
Total
5316
5185
2927
2852

Source: PS&D Online/ FAS/USDA; Note: 2009 data were estimated in September 2009
Changes in domestic demand for corn in 2009 compared with 20082008
07/06/2011
Changes in domestic demand for corn in 2009 compared with 20082008

Change
Domestic consumption
Volume (million tons)
%
Total
22.29
2.88
USA
16.00
6.18
China
6.00
3.95
EU-27
-1.70
-2.79
Brazil
0.50
1.12

Changes in domestic demand for soybean meal in 2009 compared with 2008
07/06/2011

Changes
Domestic demand
Volume (million tons)
%
Total
5.54
3.64
USA
0.18
0.64
Argentina
0.05
7.94
Brazil
0.3
2.41
India
-0.11
-4.44
EU-27
-0.03
-0.09
China
2.04
6.42

Output and export supply of fishmeal in large countries, 2008-2009 (thousand tons)
07/06/2011
Output and export supply of fishmeal in large countries, 2008-2009 (thousand tons)

Country
Production
Export
2008
2009*
2008
2009*
Chile
800
800
590
575
China
313
300
5
5
EU-27
500
500
160
150
Peru
1470
1490
1450
1460
Total
5133
5140
2753
2852

Changes in world corn output in 2009 compared with 2008
07/06/2011
Changes in world corn output in 2009 compared with 2008

Change
Production
Volume
(million tons))
%
Total
4.63
0.59
USA
21.67
7.05
China
-5.90
-3.56
EU-27
-6.82
-10.87
Brazil
2.00
4.00

Source: FAS/USDA – 2009 August report; Note: 2009 data were estimated in August 2009
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