U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/
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Item 2019/20 2020/21
prev Apr 9 prev Apr 9
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SOYBEANS Million acres
Area
Planted 76.1 76.1 83.1 83.1
Harvested 74.9 74.9 82.3 82.3
Bushels
Yield per harvested
acre 47.4 47.4 50.2 50.2
Million bushels
Beginning stocks 909 909 525 525
Production 3,552 3,552 4,135 4,135
Imports 15 15 35 35
Supply, total 4,476 4,476 4,695 4,695
Crushings 2,165 2,165 2,200 2,190
Exports 1,682 1,682 2,250 2,280
Seed 96 96 104 102
Residual 9 9 21 4
Use, total 3,952 3,952 4,575 4,575
Ending stocks 525 525 120 120
Avg farm prc($/bu) 2/ 8.57 8.57 11.15 11.25
Million pounds
SOYBEAN OIL
Beginning stocks 1,775 1,775 1,853 1,853
Production 4/ 24,911 24,911 25,630 25,515
Imports 319 319 350 350
Supply, total 27,006 27,006 27,833 27,718
Domestic Disappearance 22,314 22,314 23,500 23,500
Biodiesel 3/ 7,858 7,858 8,300 7,900
Food, Feed &
other industrial 14,456 14,456 15,200 15,600
Exports 2,839 2,839 2,600 2,500
Use, total 25,153 25,153 26,100 26,000
Ending stocks 1,853 1,853 1,733 1,718
Avg farm prc(c/lb) 2/ 29.65 29.65 41.00 45.00
Thousand short tons
SOYBEAN MEAL
Beginning stocks 402 402 341 341
Production 4/ 51,100 51,100 51,959 51,759
Imports 639 639 600 600
Supply, total 52,142 52,142 52,900 52,700
Domestic Disappearance 37,723 37,723 38,300 38,100
Exports 14,077 14,077 14,250 14,250
Use, total 51,800 51,800 52,550 52,350
Ending stocks 341 341 350 350
Avg Farm prc($/s.t.) 2/ 299.50 299.50 400.00 400.00
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Note: Totals may not add due to rounding. 1/ Marketing year beginning
September 1 for soybeans; October 1 for soybean oil and soybean meal. 2/
Prices: soybeans, marketing year weighted average price received by farmers;
oil, simple average of crude soybean oil, Decatur; meal, simple average of 48
percent protein, Decatur. 3/ Reflects only biodiesel made from methyl ester
as reported by the U.S. Energy Information Administration. 4/ Based on an
October year crush of 2,173 million bushels for 2019/20 and 2,190 million
bushels for 2020/21.
Write to Rose Ridinger at csstat@dowjones.com
(END) Dow Jones Newswires
04-09-21 1218ET
