# Presentation: 164088

## Oilseeds & Products   

***Gilad Shachar***
***Foreign Agricultural Services ***
***U.S. Embassy, Tel Aviv***
***16-07-2007***

## World Oilseed Production

***In 2006, soybeans represented 57 percent of world oilseed production and 38 percent of those soybeans were produced in the United States.***

## Main Oilseed Producers

***Source: USDA***
**** Forecast***

***U.S. soybean production fall in 2007/8 as U.S. acreage shifted to corn to support ethanol production and competition from Brazil strengthens. ***

## U.S. Crop Area Planted 2006

***Source: ***_[http://www.](http://www.soystats.com/)__[soystats](http://www.soystats.com/)__[.com](http://www.soystats.com/)_

***In 1829, U.S. farmers first grew soybeans.***
***In 2006, U.S. soybean planted area increased by 31% compared to 1990 (from 23.4 million ha. to 30.6 million ha.)***

***American soybean plantings will decline to less than 69 million acres as  more growers prefer to grow corn on the account of soybeans. ***
**** 1 Acre = 0.4 ha ***

***Source: USDA***

- Source: United Soybean Board

***1 Metric Ton=******36.74 Bushels of Soybeans***

## U.S. Biodiesel Consumption

***In the U.S., about 85% of biodiesel is produced from soybean oil. In Europe, the primary feedstock is rapeseed with 85% of the market.***

_**US Biodiesel Plants**_**:**
***65****** ******operating plants (capacity: 400M gal/yr)***
***50****** - ******construction (capacity: 700M gal/yr)***
***(******Source: National Biodiesel Board, Apr. 2006******)***

## Global Soybean Prices (FOB)

***Source: USDA***

***In 2006, the United States exported a record 29.9 million metric tons of soybeans, which accounted for 42 percent of the world's soybean trade. ***

***Strong income and population growth in developing countries generates increasing demand for vegetables oils for food consumption and for protein meals used in livestock production. Additional demand is generated by the use of soybean oil in biodiesel production. ***

***     ******The leading soybean exporters – U.S. , Brazil, and Argentina – account for more than 90% of world trade. Brazil’s soybean planted area is expected to reach about 32 million ha by 2016, and it’s soybean exports are projected to double.***

## U.S. Soybean & Soy Products Exports 2006

***Source: ***_[http://www.](http://www.soystats.com/)__[soystats](http://www.soystats.com/)__[.com](http://www.soystats.com/)_*** ***

***U.S. soybean and product exports were $8.9 billion in 2006. China was the largest customer for U.S. soybeans at $2.5 billion. Mexico was the largest customer for U.S. soybean meal at $377 million.***

***     ******World soybean trade is projected to rise rapidly, climbing more than 27 million MT (+36%) during the next decade. China will account for 78% of the world’s 27-million-ton growth in soybean imports over the next 10 years. China increases it’s local crushing capacity and therefore they prefer to import soybeans and other oilseeds rather than for oilseed products. ***

## Major Protein Meals Production

***Source: USDA***
**** Forecast***

## Major Protein Meals Producers 

***Source: USDA***
**** Forecast***

## U.S. Soybean Meal Use By Livestock 2006

***Source: ***_[http://www.](http://www.soystats.com/)__[soystats](http://www.soystats.com/)__[.com](http://www.soystats.com/)_

***The leading soybean meal exporters – Argentina, Brazil, and the U.S. – account for around 90% of world soybean meal trade******.***

***Source: USDA***

***World trade in soybean meal will increase by nearly 15 million tons  (+25%) by 2016. The EU is the world’s largest destination for soybean meal. ***

## U.S. Oilseed Meal Prices

***Source: USDA***

- 1 MT=1.1023 ST

## Global Soybean Meal Prices (48%) (FOB)

***Source: USDA***

| U.S. Share | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | Aver. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Soybeans | 100% | 72% | 82% | 99% | 80% | 82% | 41% | 18% | 25% | 45% | 64% |
| Meals | 10% | 21% | 27% | 39% | 39% | 31% | 33% | 8% | 2% | 18% | 23% |

***Source: Israeli Ministry of Agriculture***

***Imports to Israel***

## Thank you for your time! 

***Email: Gilad.Shachar@usda.gov ; Tel:03-5197324***