August 16, 2004

USDA 2004-2005 Soybean Meal Trade Projections

For Oct-Sep market year, unless otherwise noted. 1/ Sep-Aug; 2/ Nov-Oct; 3/ Jan-Dec; 4/ Jun-Jul; 5/ Aug-Jul; 6/ an aggregate of individual market years. Data in 1,000 metric tons.
 
Source: Foreign Agriculture Service, Oilseeds: Markets and Trade Report.
 
                                                     --% change--
                                                    04/05-    03/04-
                            2004/05   2003/04   2002/03      03/04     02/03
 -EXPORTERS-
US                       4,718      3,901      5,461        20.9       -28.6
Brazil                  17,602     14,940    13,750       17.8        8.7
Argentina            20,150     19,687    18,461       2.4          6.6
EU-25                  308         301         346           2.3         -13.0
India                   2,100       3,350      1,225        -37.3       173.5
Paraguay             1,070       917        833           16.7        10.1
Other 6/              2,212       1,947      2,079        13.6       -6.3
 
 WORLD TOTAL 6/ 48,160    45,043    42,155       6.9       6.9
 
 -SELECTED IMPORTERS-
EU-25                   24,500    23,600  21,642    3.8       9.0
FSU-12                  600       528       452          13.6      16.8
 Russia                  380       325       280          16.9      16.1
 Ukraine               100        90         80            11.1      12.5
Oth Europe           670       660         669         1.5      -1.3
Asia                     8,944     8,471     9,032       5.6      -6.2
 China                   0          50          0              ---         0
 Japan                  1,250     1,200     1,073        4.2      11.8
 Taiwan                 20        80           17           -75.0     370.6
 Rep of Korea 2/     1,450    1,400     1,497        3.6      -6.5
Indonesia             1,200     1,100     1,500        9.1     -26.7
Thailand               1,700     1,500     1,900       13.3     -21.1
Malaysia              700         678       650           3.2       4.3
Philippines 3/       1,250      1,200     1,100        4.2       9.1
India                   0             0          0              0         0
Pakistan               100       100        70            0.0      42.9
Mid-East/N Afric     6,265     5,690     5,156       10.1      10.4
Israel                   90         90         65            0.0      38.5
Iran                     675       700       550          -3.6      27.3
Egypt                  1,560      1,410    1,300       10.6       8.5
Morocco               130       135       110         -3.7      22.7
Tunisia                375       360        330          4.2       9.1
Algeria 3/            510       440        425         15.9       3.5
Turkey 2/             725       500       459          45.0       8.9
Other Africa 6/       629       613      588          2.6       4.3
S Africa 4/           540       540       526          0.0       2.7
Latin America 6/     4,683    4,702   4,459       -0.4       5.4
Mexico 1/             725       725      621           0.0      16.7
Venezuela             570       600     512          -5.0      17.2
Canada 5/            1,000     1,040   1,050       -3.8      -1.0
Other 6/               675       707       591          -4.5      19.6
 
 WORLD TOTAL 6/     47,966    46,011    43,639        4.2       5.4