DG AGRI DASHBOARD: OILSEEDS -1% 1% % 3% -3% % -1% -1% -1% % -3% soyoil Argentina - Up River -7% sunoil Ukraine -5% canola oil EU (Rotterdam) -5% palm oil Indonesia % 4% Export prices FOB -1% % soymeal Argentina - Up River -4% sunmeal Argentina - Up River -5% rapemeal EU (Hambourg) 9 427 1% -2% % 1% 1% -2% % 1% -9% -1% -13% -8% 273 126 177 m/m variation 385 377 321 148 28 2% 2% % 2% 1% -1% -11% -4% -6% 1% Meals export prices - monthly average 885 322 34 Oct-16 Jan-17 Apr-17 Soy (US) Jul-17 Rape (EU) 6 Sun (Ukr) Soy (US) 35 33 Jan-17 Soy (Arg) 72 1 46 oilseeds soybeans 214/15 rapeseed 215/16 sunflower 216/17 12 22 1 19 1. soybeans rapeseed 216/17 25 2 8 Rape Soybean Sunflower 5 years trimmed average 216/17(e) 217/18(f) 5 2 soybeans 215/16 rapeseed 216/17 CCumulated umulatedimports Imports (thousand tonnes) (thousand tonnes)upup 217/18 216/17 to week1742 to week soybeans soybeans rapeseed rapeseed sunflowerseed sunflowerseed soymeal soymeal rapemeal rapemeal sunmeal sunmeal soyoil soyoil rapeoil rapeoil sunoil sunoil palm palmoiloil 3 468.3 1594.9 1.3 palm 215/16 35 2 34 1 33 32 Soybean Sunflower 216/17(e) 217/18(f) 16 1 29 18 rapeseed sunflower 8..7 1. soybeans 216/17 38 NOV'17: 365 AUG'18: 36 NOV'18: 364 28 375 24 37 365 2 36 16 355 12 35 345 8 34 4 335 33. Difference (%) with Difference (%) with Main origin of imports 216/17 215/16 215/16 214/15-17% 6%Brazil 26% 86%Ukraine 51% 284% Moldova, Republic of -15% -2%Argentina -66% -56%Ukraine 17% 8%Ukraine 1% 4%Norway -26% -42%Ukraine 9% 39%Ukraine -13% -12%Indonesia Total 217/18 (proj.) share (%) in total import 41.9% 8.% 64.6% 5.8% 54.% 65.9% 25.1% 56.3% 93.7% 46.7% 3.3 2.9 4.. oilseeds 214/15 3 16. 1.1 56 5 sunflower -19%-6% 1 3279.7 28.3 75%15% 131. 14% 726.8-47% 6 46.3 9% -13% 14189.5 58.6-23%-57% 162.3 842.5 12%1% 272.6 84.9 22.9-1%-14% 7. 2% -34% 124.9 494. 182.1-32%-8% 1 965.6 4% -17% 4516.9 Total 12. 217/18 (proj.) 37 36 EU vegetable oils production 3. oilseeds 214/15 Rape 5 years trimmed average 2. 2 38 4 4 2. 4. 3. 67 5 11 1. EU oilseeds stocks 192 1 4 NOV'17: 358 MAR'18: 362 NOV'18: 366 5. 15 6 EU rapeseed - wheat price ratio (MATIF) 24/1/217: 2.27 1 6. Total sunflower 217/18 (proj.) 14 15. 2.7. 215/16 1.5 3 2. World vegetable oils production 96 4 oilseeds Oct-17 Soy (US) 2 25. 9. 5 World oilseeds stocks 18 35. 2. 214/15 3 3. 1 217/18 (proj.) US soybean - maize price ratio (CBOT) 24/1/217: 2.77 3.5 EU vegetable meals production 34 Jul-17 Sun (Arg) EU oilseeds production 15 2 Apr-17 Soy (Bz) Rape (EU) 3. 2 3 1 Oct-16 Oct-17 4. 237 25 348 4 Jul-17 149 Palm (Indonesia) Rape (EU) 3 5 Apr-17 World vegetable meals production 577 Jan-17 Sun (EU) World oilseeds production 7 686 6 Oct-16 Oct-17 29 2 7-2% -3% -6% -1% y/y variation 8 38 Oilseeds / Cereals futures price ratio 4 2.5 24 Oct 217 3 42 Production & Stocks 784 76 895 695 4 46 Trade 667 646 761 591 Vegetable oils - monthly average 1 Oilseeds export prices - monthly average -1% -14% -12% -12% -8% -4% -9% 1% -11% -12% y/y variation Daily traded volume (1 contracts of 5 t) % 1% % 4% -3% % % -1% -1% % m/m variation 6 days futures price - rapeseed MATIF sunflower 376 386 374 362 448 424 434 423 383 37 24 Oct 217 Export prices FOB Weat her Forecast Prices rapeseed 32 328 318 38 381 36 369 359 325 315 y/y variation Daily traded volume (1 contracts 136 t) Argentina - Up River Brazil - Paranagua US Gulf Ukraine Australia Canada EU (Rouen) Ukraine EU (Bordeaux) Ukraine soybeans m/m variation 6 days futures price - soybeans CME 24 Oct 217 Export prices FOB Last update: 25.1.217 Rape Soybean Sunflower 5 years trimmed average 216/17(e) 217/18(f) Soybeans Imports (thousand tonnes) 16 Rape Soybean Sunflower 5 years trimmed average Total 216/17(e) 217/18(f) Soymeal Imports (thousand tonnes) 25 8 4 15 8 4 1 9 17 25 33 41 49 Weeks 215/16 216/17 6 3 1 2 5 1 4 2 1 9 17 25 33 41 49 1 9 Sources : European Commission (DG ESTAT, DG JRC, DG AGRI), MSs notifications (Regulation (EC) 1342/23), European Central Bank, IGC, ICE, USDA, CME, MATIF 215/16 216/17 217/18 17 25 33 41 49 Weeks Weeks 217/18 Sunflower Imports (thousand tonnes) 1 5 2 12 Rapeseed Imports (thousand tonnes) 6 215/16 216/17 1 9 17 25 33 41 49 Weeks 217/18 215/16 216/17 217/18
Export prices FOB 24 Oct 217 m/m variation y/y variation Argentina - Up River 32 376 % -1% -1% -3% soybeans Brazil - Paranagua 328 386 1% 1% -14% -7% US Gulf 318 374 % % -12% -5% Ukraine 38 362 4% 3% -12% -5% Australia 381 448-3% -3% -8% % rapeseed Canada 36 424 % % -4% 4% EU (Rouen) 369 434 % -1% -9% -1% Ukraine 359 423-1% -1% 1% % sunflower EU (Bordeaux) 325 383-1% -1% -11% -4% Ukraine 315 37 % % -12% -5% Source: IGC
Export prices FOB 24 Oct 217 m/m variation y/y variation soyoil Argentina - Up River 667 784 1% 1% -9% -2% sunoil Ukraine 646 76-2% -2% -1% -3% canola oil EU (Rotterdam) 761 895 % % -13% -6% palm oil Indonesia 591 695 1% 1% -8% -1% Export prices FOB 24 Oct 217 m/m variation y/y variation soymeal Argentina - Up River 273 321 2% 2% -11% -4% sunmeal Argentina - Up River 126 148 2% 1% rapemeal EU (Hambourg) 177 28 % -1% -6% 1% Source: IGC
46 42 Oilseeds export prices - monthly average 427 38 385 377 34 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Soy (US) Rape (EU) Sun (EU) Source: IGC
1 Vegetable oils - monthly average 9 885 8 7 686 6 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Sun (Ukr) Palm (Indonesia) Soy (US) Rape (EU) Source: IGC
Meals export prices - monthly average 4 3 322 2 29 1 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Soy (Arg) Soy (Bz) Soy (US) Rape (EU) Sun (Arg) Source: IGC 149
Oilseeds / Cereals futures price ratio 4 3.5 US soybean - maize price ratio (CBOT) 24/1/217: 2.77 3 2.5 2 1.5 1 EU rapeseed - wheat price ratio (MATIF) 24/1/217: 2.27 Source: CBOT, MATIF
Daily traded volume (1 contracts 136 t) Daily traded volume (1 contracts of 5 t) 6 days futures price - soybeans CME 6 days futures price - rapeseed MATIF 6 5 NOV'17: 358 MAR'18: 362 NOV'18: 366 38 37 28 24 NOV'17: 365 AUG'18: 36 NOV'18: 364 38 375 37 4 3 36 35 2 16 12 365 36 355 35 2 1 34 33 8 4 345 34 335 32 33 Source: CME, MATIF
World oilseeds production 7 6 5 4 3 2 1 577 348 72 46 oilseeds soybeans rapeseed sunflower Source: USDA 214/15 215/16 216/17 217/18 (proj.)
World oilseeds stocks 12 1 18 96 8 6 4 2 5 2 oilseeds soybeans rapeseed sun flower Source: USDA 214/15 215/16 216/17 217/18 (proj.)
World vegetable meals production 35 3 25 2 15 1 5 33 237 4 19 oilseeds soybeans rapeseed sunflower 214/15 215/16 216/17 217/18 (proj.) Source: USDA
World vegetable oils production 25 2 15 192 1 5 67 56 29 18 oilseeds palm soybeans rapeseed sun flower 214/15 215/16 216/17 217/18 (proj.) Source: USDA
EU oilseeds production 4. 34 3. 22 2. 1. 2.7 9.. Total Rape Soybean Sunflower 5 years trimmed average 216/17(e) 217/18(f) Source: European Commission
EU oilseeds stocks 4. 3. 3. 2. 1. 1.1 1.3.7. Total Rape Soybean Sun flower 5 years trimmed average 216/17(e) 217/18(f) Source: European Commission
EU vegetable meals production 35. 3. 25. 2. 15. 1. 5.. 3 14 11 4 Total Rape Soybean Sun flower 5 years trimmed average 216/17(e) 217/18(f) Source: European Commission
EU vegetable oils production 2. 16. 12. 8. 4. 16 1 2.9 3.3. Total Rape Soybean Sun flower 5 years trimmed average 216/17(e) 217/18(f) Source: European Commission
Source: European Commission
Cumulated Imports (thousand tonnes) up Source: European Commission 217/18 Difference (%) with 216/17 215/16 Main origin of imports share (%) in total import to week 17 soybeans 3 468.3-19% -17% Brazil 41.9% rapeseed 1 28.3 75% 26% Ukraine 8.% sunflowerseed 131. -47% 51% Moldova, Republic of 64.6% soymeal 6 46.3 9% -15% Argentina 5.8% rapemeal 58.6-23% -66% Ukraine 54.% sunmeal 842.5 12% 17% Ukraine 65.9% soyoil 84.9-1% 1% Norway 25.1% rapeoil 7. 2% -26% Ukraine 56.3% sunoil 494. -32% 9% Ukraine 93.7% palm oil 1 965.6 4% -13% Indonesia 46.7%
Soybeans Imports (thousand tonnes) 16 12 8 4 Soymeal Imports (thousand tonnes) 25 2 15 1 5 1 9 17 25 33 41 49 Weeks 1 9 17 25 33 41 49 Weeks 215/16 216/17 217/18 215/16 216/17 217/18 Source: European Commission
6 5 4 3 2 1 Rapeseed Imports (thousand tonnes) Sunflower Imports (thousand tonnes) 1 8 6 4 2 1 9 17 25 33 41 49 Weeks 1 9 17 25 33 41 49 Weeks 215/16 216/17 217/18 215/16 216/17 217/18 Source: European Commission