World Agricultural Supply and Demand Estimates

BeginningStocksProduction Imports DomesticTotalDomesticTotalExportsortsExpEndingStocksEndingStocksWASDE - 520 - 29July 2013World Soybean Meal Supply and Use 1/(Million Metric Tons)2011/12BeginningStocksProduction Imports DomesticTotalExportsEndingStocksWorld 2/ 8.73 179.32 57.11 176.99 58.32 9.84United States 0.32 37.22 0.20 28.62 8.84 0.27Total Foreign 8.42 142.10 56.91 148.37 49.49 9.57Major Exporters 3/ 5.46 64.26 0.04 18.29 45.11 6.35Argentina 2.43 27.95 0.00 0.96 26.04 3.38Brazil 2.89 28.63 0.03 14.00 14.68 2.87India 0.14 7.68 0.01 3.33 4.39 0.11Major Importers 4/ 1.59 13.76 34.79 47.62 0.95 1.57European Union 0.51 9.67 20.94 29.96 0.88 0.28Southeast Asia 5/ 0.79 2.60 11.57 13.82 0.06 1.082012/13 Est.BeginningStocks Production ImportsWorld 2/ 9.84 181.03 56.72 179.31 58.89 9.39United States 0.27 35.83 0.32 26.63 9.53 0.27Total Foreign 9.57 145.20 56.40 152.69 49.37 9.12Major Exporters 3/ 6.35 62.27 0.03 19.25 43.20 6.21Argentina 3.38 26.80 0.00 1.07 25.40 3.71Brazil 2.87 27.55 0.03 14.48 13.55 2.42India 0.11 7.92 0.01 3.70 4.25 0.08Major Importers 4/ 1.57 13.78 34.49 47.39 0.76 1.68European Union 0.28 9.67 20.16 29.10 0.70 0.31Southeast Asia 5/ 1.08 2.68 12.10 14.57 0.06 1.232013/14 Proj.World 2/ Jun 9.53 188.70 59.19 185.85 61.54 10.03Jul 9.39 188.95 59.15 186.06 61.66 9.77United States Jun 0.27 36.50 0.15 27.40 9.25 0.27Jul 0.27 36.50 0.15 27.40 9.25 0.27Total Foreign Jun 9.26 152.20 59.04 158.45 52.28 9.76Jul 9.12 152.45 59.00 158.66 52.41 9.50Major Exporters 3/ Jun 6.46 66.33 0.03 19.87 46.20 6.75Jul 6.21 66.33 0.03 19.87 46.20 6.50Argentina Jun 3.96 29.63 0.00 1.15 28.65 3.79Jul 3.71 29.63 0.00 1.15 28.65 3.54Brazil Jun 2.42 28.70 0.03 14.65 13.60 2.89Jul 2.42 28.70 0.03 14.65 13.60 2.89India Jun 0.08 8.00 0.01 4.07 3.95 0.07Jul 0.08 8.00 0.01 4.07 3.95 0.07Major Importers 4/ Jun 1.57 13.73 35.68 48.41 0.77 1.79Jul 1.68 13.85 35.80 48.78 0.77 1.79European Union Jun 0.19 9.54 20.80 29.39 0.70 0.43Jul 0.31 9.66 20.90 29.73 0.70 0.44Southeast Asia 5/ Jun 1.23 2.72 12.55 15.22 0.07 1.21Jul 1.23 2.72 12.57 15.25 0.07 1.201/ Data based on local marketing years except for Argentina and Brazil which are adjusted to an October-September year. 2/ Worldimports and exports may not balance due to differences in local marketing years and to time lags between reported exports andimports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil, and India. 4/ European Union, Southeast Asia, andJapan. 5/ Indonesia, Malaysia, Philippines, Vietnam, and Thailand.