February 28, 2007
Argentina's January soy industry stocks up 4.6 percent from year ago
Argentina's oilseed industry held soybean stocks totalling 1,653,560 tonnes as of Jan 1, according to the Agriculture Secretariat.
That puts stocks up 4.6 percent from the same month a year earlier, when they totalled 1,580,846 tonnes.
Soyoil stocks totalled 217,578 tonnes as of Jan 1, down 9 percent from the 239,000 tonnes in stock the previous year.
Stocks of soy pellets amounted to 661,363 tonnes, down 1.8 percent from 673,220 tonnes a year ago.
Argentina produced a record 41.3 million tonnes of soy in 2005/06, compared with 39 million tonnes a year earlier, according to the US Department of Agriculture.
Argentina is the world's leading soyoil and soymeal exporter.
The following tables show Argentina's monthly soy stocks as measured in tonnes. The data refer to stocks held by the crushing industry and do not include unsold material held by farmers.
Product 2006 2005
Soybeans
January 803,544 957,510
February 436,674 599,266
March 1,171,849 1,410,016
April 2,641,707 2,746,763
May 3,456,088 3,658,786
June 3,336,948 3,642,931
July 3,270,644 3,149,417
August 3,197,149 2,788,785
September 2,907,636 2,555,143
October 2,766,247 2,364,865
November 2,518,403 2,227,762
December* 1,653,560 1,580,846
Soyoil
January 249,368 212,131
February 197,643 220,085
March 182,309 135,088
April 242,227 175,524
May 207,083 203,958
June 254,184 234,088
July 249,635 292,230
August 185,168 238,853
September 219,440 310,271
October 135,041 322,835
November 170,643 300,891
December* 217,578 239,000
Soy Pellets
January 686,509 466,903
February 331,692 481,401
March 389,240 480,895
April 591,888 504,112
May 638,358 633,263
June 708,083 718,299
July 710,522 849,847
August 630,676 822,909
September 1,030,521 923,290
October 989,551 704,000
November 945,723 463,081
December* 661,363 673,220
