September 11, 2006
Argentina's July soy industry stocks down 1.3 percent from year ago
Argentina's soybean industry stocks totalled 3,107,364 tonnes as of Aug 1, according to the Agriculture Secretariat.
That puts stocks down 1.3 percent from the same month in 2005, when they totalled 3,149,417 tonnes.
Soyoil stocks totalled 260,935 tonnes as of Aug 1, down 10.7 percent from the 292,230 tonnes in stock the previous year.
Stocks of soy pellets amounted to 754,734 tonnes, down 11.2 percent from 849,847 tonnes a year ago.
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.
Soybean 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 3,244,406 3,642,931
July 3,107,364 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 254,184 234,088
July 260,935 292,230
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 707,296 718,299
July 754,734 849,847
August 822,909
September 923,290
October 704,000
November 463,081
December 673,220
