August 18, 2006

 

Argentina's June soy industry stocks down 13.8 percent from year ago

 

 

Argentina's oilseed industry held soybean stocks totalling 3,141,004 tonnes in June, the latest Agriculture Secretariat data show.

 

That puts stocks down 13.8 percent from the same month in 2005, when they totalled 3,642,931 tonnes.

 

Soyoil stocks totalled 244,262 tonnes in June, up 4.3 percent from 234,088 tonnes in stock the previous year.

 

Stocks of soy pellets amounted to 697,907 tonnes, down 2.8 percent from 718,299 tonnes in Jun 2005.

 

Argentina produced a record 41.3 million tonnes of soy in 2005/06, compared with 39 million a year earlier, according to the US Department of Agriculture.

 

Argentina is the world's leading soyoil and soymeal exporter.

 

Oilseed Industry Stocks

 

   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          3,141,004   3,642,931

   July                         3,149,417

   August                    2,788,785

   September               2,555,143

   October                   2,364,865

   November                2,227,762

   December                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          244,262      234,088

   July                          292,230

   August                      238,853

   September                 310,271

   October                     322,835

   November                  300,891

   December                  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          697,907      718,299

   July                           849,847

   August                       822,909

   September                 923,290

   October                     704,000

   November                  463,081

   December                  673,220

 

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