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DG AGRI DASHBOARD: OILSEEDS
Sources : European Commission (DG ESTAT, DG JRC, DG AGRI), MSs notifications (Regulation (EC) 1342/2003), European Central Bank, IGC, ICE, USDA, CME, MATIF
Last update: 26.06.2019P
rice
sP
rod
uct
ion
&
Sto
cks
Trad
e
Cro
p d
eve
lop
me
nt
stag
e
598
355
75 51
0
100
200
300
400
500
600
700
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
338
242
40 21
0
100
200
300
400
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
205
7658
28 20
0
50
100
150
200
250
oilseeds palm soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
60
day
s fu
ture
s p
rice
-so
ybe
ans
CM
E
290
300
310
320
330
340
350
360
0
100
200
300
400
500
Dai
ly t
rad
ed v
olu
me
(10
00
co
ntr
acts
13
6 t
)
$/t
AUG'19: 332
SEP'19: 334
JUL'20: 336
350
415
388
300
340
380
420
460
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/t Oilseeds export prices - monthly average
Soy (US) Rape (EU) Sun (EU)
€/t $/t €/t $/t €/t $/t Argentina - Up River 307 349 3% 5% -3% -6%
Brazil - Paranagua 325 370 3% 5% 1% -2%
US Gulf 314 358 7% 9% 6% 4%
Ukraine 294 335 -4% -2% -18% -20%
Australia 360 410 -2% 0% -1% -4%
Canada 314 358 0% 2% -14% -17%
EU (Rouen) 360 410 -2% -1% 7% 5%
Ukraine 360 410 -1% 1% 0% 2%
EU (Bordeaux) 337 384 -2% 0% 2% -1%
Ukraine 321 365 1% 3% 0% -3%
soya beans
sunflower
rapeseed
Export prices FOB25 Jun 2019 m/m variation y/y variation
60
day
s fu
ture
s p
rice
-ra
pe
see
d M
ATI
F
345
350
355
360
365
370
375
380
385
390
395
0
2
4
6
8
10
12
14
16
18
20
€/t
Dai
ly t
rad
ed v
olu
me
(10
00
co
ntr
acts
of
50
t)
AUG'19: 366
MAY'20: 372
AUG'20: 360
332
233
188
100
200
300
400
500
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/t Meals export prices - monthly average
Soy (Arg) Soy (Bz) Soy (US)
Rape (EU) Sun (Arg)
€/t $/t €/t $/t €/t $/t
soyoil Argentina - Up River 551 627 -5% -3% -5% -7%
sunoil Ukraine 630 718 2% 4% 0% -2%
canola oil EU (Rotterdam) 737 839 1% 2% 4% 1%
palm oil Indonesia 408 465 -2% 0% -17% -19%
Export prices FOB25 Jun 2019 m/m variation y/y variation
700
470
659
829
400
500
600
700
800
900
1000
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/tVegetable oils - monthly average
Sun (Ukr) Palm (Indonesia)Soy (US) Rape (EU)
Oilseeds / Cereals futures price ratio
World oilseeds production
World oilseeds stocks
World vegetable meals production
World vegetable oils production
130113
9 30
20
40
60
80
100
120
140
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
32.3
18.7
2.9
10.6
0
10
20
30
40
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
EU oilseeds production EU vegetable meals production
31.2
12.9 13.0
5.3
0
5
10
15
20
25
30
35
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
EU vegetable oils production
16.6
9.3
3.3 4.0
0
4
8
12
16
20
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
EU oilseeds stocks
2.9
1.0 1.1 0.8
0
1
2
3
4
5
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
€/t $/t €/t $/t €/t $/t
soymeal Argentina - Up River 286 326 1% 3% -11% -13%
sunmeal Argentina - Up River 165 188 3% 5% -7% -9%
rapemeal EU (Hambourg) 203 232 1% 3% -9% -12%
Export prices FOB25 Jun 2019 m/m variation y/y variation
1
1.5
2
2.5
3
3.5
4US soybean - maize price ratio (CBOT) 25/06/2019: 2.02
EU rapeseed - wheat price ratio (MATIF) 25/06/2019: 2
2017/18 2016/17
soybeans 14 721.5 9% 6% United States of America 60.9%
rapeseed 4 143.7 -2% -12% Ukraine 52.5%
sunflowerseed 503.3 -6% -37% Moldova 51.5%
soymeal 17 369.1 -7% -3% Brazil 42.0%
rapemeal 445.0 141% 135% Russia 36.7%
sunmeal 3 376.6 -8% -6% Ukraine 57.3%
soyoil 391.8 56% 37% Ukraine 30.0%
rapeoil 261.9 64% 74% Russia 46.1%
sunoil 1 708.0 -4% 9% Ukraine 88.1%
palm oil 6 226.4 0% 4% Indonesia 40.5%
Cumulated Imports up
to week 52 (1/7/18 -
23/6/19)
2018/19
(thousand
tonnes)
Difference (%) withMain origin of imports
share (%) in
total import
0
2000
4000
6000
8000
10000
12000
14000
16000
1 9 17 25 33 41 49Weeks
2016/17 2017/18 2018/19
Soybeans Imports (thousand tonnes)
0
5000
10000
15000
20000
25000
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Soymeal Imports (thousand tonnes)
0
1000
2000
3000
4000
5000
6000
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Rapeseed Imports (thousand tonnes)
0
100
200
300
400
500
600
700
800
900
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Sunflower Imports (thousand tonnes)
back to DashboardPageNext
Source: IGC
€/t $/t €/t $/t €/t $/t Argentina - Up River 307 349 3% 5% -3% -6%
Brazil - Paranagua 325 370 3% 5% 1% -2%
US Gulf 314 358 7% 9% 6% 4%
Ukraine 294 335 -4% -2% -18% -20%
Australia 360 410 -2% 0% -1% -4%
Canada 314 358 0% 2% -14% -17%
EU (Rouen) 360 410 -2% -1% 7% 5%
Ukraine 360 410 -1% 1% 0% 2%
EU (Bordeaux) 337 384 -2% 0% 2% -1%
Ukraine 321 365 1% 3% 0% -3%
soya beans
sunflower
rapeseed
Export prices FOB25 Jun 2019 m/m variation y/y variation
back to DashboardPrevious
PageNext
€/t $/t €/t $/t €/t $/t
soyoil Argentina - Up River 551 627 -5% -3% -5% -7%
sunoil Ukraine 630 718 2% 4% 0% -2%
canola oil EU (Rotterdam) 737 839 1% 2% 4% 1%
palm oil Indonesia 408 465 -2% 0% -17% -19%
Export prices FOB25 Jun 2019 m/m variation y/y variation
€/t $/t €/t $/t €/t $/t
soymeal Argentina - Up River 286 326 1% 3% -11% -13%
sunmeal Argentina - Up River 165 188 3% 5% -7% -9%
rapemeal EU (Hambourg) 203 232 1% 3% -9% -12%
Export prices FOB25 Jun 2019 m/m variation y/y variation
Source: IGC
back to DashboardPrevious
PageNext
350
415
388
300
340
380
420
460
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/t Oilseeds export prices - monthly average
Soy (US) Rape (EU) Sun (EU)
Source: IGC
back to DashboardPrevious
PageNext
Source: IGC
700
470
659
829
400
500
600
700
800
900
1000
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/tVegetable oils - monthly average
Sun (Ukr) Palm (Indonesia)Soy (US) Rape (EU)
back to DashboardPrevious
PageNext
Source: IGC
332
233
188
100
200
300
400
500
Jun-18 Sep-18 Dec-18 Mar-19 Jun-19
$/t Meals export prices - monthly average
Soy (Arg) Soy (Bz) Soy (US)
Rape (EU) Sun (Arg)
back to DashboardPrevious
PageNext
Source: CBOT, MATIF
Oilseeds / Cereals futures price ratio
1
1.5
2
2.5
3
3.5
4US soybean - maize price ratio (CBOT) 25/06/2019: 2.02
EU rapeseed - wheat price ratio (MATIF) 25/06/2019: 2
back to DashboardPrevious
PageNext
Source: CME, MATIF
60 days futures price - soybeans CME
290
300
310
320
330
340
350
360
0
100
200
300
400
500
Dai
ly t
rad
ed v
olu
me
(10
00
co
ntr
acts
13
6 t
)
$/t
AUG'19: 332
SEP'19: 334
JUL'20: 336
345
350
355
360
365
370
375
380
385
390
395
0
2
4
6
8
10
12
14
16
18
20
€/t
Dai
ly t
rad
ed v
olu
me
(10
00
co
ntr
acts
of
50
t)
AUG'19: 366
MAY'20: 372
AUG'20: 360
60 days futures price - rapeseed MATIF
back to DashboardPrevious
PageNext
Source: USDA
World oilseeds production
598
355
75 51
0
100
200
300
400
500
600
700
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
back to DashboardPrevious
PageNext
Source: USDA
World oilseeds stocks
130113
9 30
20
40
60
80
100
120
140
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
back to DashboardPrevious
PageNext
Source: USDA
World vegetable meals production
338
242
40 21
0
100
200
300
400
oilseeds soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
back to DashboardPrevious
PageNext
Source: USDA
World vegetable oils production
205
7658
28 20
0
50
100
150
200
250
oilseeds palm soybeans rapeseed sunflower
(million tonnes)
2016/17 2017/18 2018/19 2019/20 (proj.)
back to DashboardPrevious
PageNext
Source: European Commission
EU oilseeds production
32.3
18.7
2.9
10.6
0
10
20
30
40
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
back to DashboardPrevious
PageNext
Source: European Commission
EU oilseeds stocks
2.9
1.0 1.1 0.8
0
1
2
3
4
5
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
back to DashboardPrevious
PageNext
Source: European Commission
EU vegetable meals production
31.2
12.9 13.0
5.3
0
5
10
15
20
25
30
35
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
back to DashboardPrevious
PageNext
Source: European Commission
EU vegetable oils production
16.6
9.3
3.3 4.0
0
4
8
12
16
20
Total Rape Soybean Sunflower
(million tonnes)
5 years trimmed average 2018/19(e) 2019/20(f)
back to DashboardPrevious
PageNext
Source: European Commission
back to DashboardPrevious
PageNext
Source: European Commission
2017/18 2016/17
soybeans 14 721.5 9% 6% United States of America 60.9%
rapeseed 4 143.7 -2% -12% Ukraine 52.5%
sunflowerseed 503.3 -6% -37% Moldova 51.5%
soymeal 17 369.1 -7% -3% Brazil 42.0%
rapemeal 445.0 141% 135% Russia 36.7%
sunmeal 3 376.6 -8% -6% Ukraine 57.3%
soyoil 391.8 56% 37% Ukraine 30.0%
rapeoil 261.9 64% 74% Russia 46.1%
sunoil 1 708.0 -4% 9% Ukraine 88.1%
palm oil 6 226.4 0% 4% Indonesia 40.5%
Cumulated Imports up
to week 52 (1/7/18 -
23/6/19)
2018/19
(thousand
tonnes)
Difference (%) withMain origin of imports
share (%) in
total import
back to DashboardPrevious
PageNext
Source: European Commission
0
2000
4000
6000
8000
10000
12000
14000
16000
1 9 17 25 33 41 49Weeks
2016/17 2017/18 2018/19
Soybeans Imports (thousand tonnes)
0
5000
10000
15000
20000
25000
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Soymeal Imports (thousand tonnes)
back to DashboardPrevious
PageNext
Source: European Commission
0
1000
2000
3000
4000
5000
6000
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Rapeseed Imports (thousand tonnes)
0
100
200
300
400
500
600
700
800
900
1 9 17 25 33 41 49
Weeks
2016/17 2017/18 2018/19
Sunflower Imports (thousand tonnes)