COTTONSEED PRODUCTION

Cottonseed in Brazil is mainly used as animal feed in the Northeast and Center-West. In addition, limited amounts are crushed for biodiesel. Since last year, the cottonseed market has become more attractive as the prices in early 2015 reached 600 Reals per metric ton, but expected to drop around 400 Reals per metric ton after the 2015 cotton harvest in June. Brazil has no forward contracting or commodity prices for cottonseed, instead is it locally priced. Farmers do not typically count on cottonseed revenues when they make their planting decisions, but it is expected to become a good option for additional revenues in the future.

Oilseed, Cottonseed

2013/2014

2014/2015

2015/2016

Market Begin Year

Jan 2014

Jan 2015

Jan 2016

Brazil

USDA Official

New post

USDA Official

New post

USDA Official

New post

Area Planted (Cotton)

1,120

1,120

1,000

1,000

0

900

Area Harvested (Cotton)

1,120

1,120

1,000

1,000

0

900

Seed to Lint Ratio

0

0

0

0

0

0

Beginning Stocks

35

35

145

145

0

145

Production

2,900

2,900

2,580

2,500

0

2,250

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

2,935

2,935

2,725

2,645

0

2,395

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Crush

2,400

2,400

2,300

2,100

0

1,800

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

390

390

300

400

0

350

Total Dom. Cons.

2,790

2,790

2,600

2,500

0

2,150

Ending Stocks

145

145

125

145

0

245

Total Distribution

2,935

2,935

2,725

2,645

0

2,395

1000 HA, RATIO, 1000 MT

Meal, Cottonseed

2013/2014

2014/2015

2015/2016

Market Begin Year

Jan 2014

Jan 2015

Jan 2016

Brazil

USDA Official

New post

USDA Official

New post

USDA Official

New post

Crush

2,400

2,400

2,300

2,100

0

1,800

Extr. Rate, 999.9999

1

0

1

Beginning Stocks

7

7

5

5

0

5

Production

1,178

1,178

1,130

1,050

0

950

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

1,185

1,185

1,135

1,055

0

955

MY Exports

0

0

0

0

0

0

MY Exp. to EU

0

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

1,180

1,180

1,125

1,050

0

950

Total Dom. Cons.

1,180

1,180

1,125

1,050

0

950

Ending Stocks

5

5

10

5

0

5

Total Distribution

1,185

1,185

1,135

1,055

0

955

1000 MT, PERCENT

Oil, Cottonseed

2013/2014

2014/2015

2015/2016

Market Begin Year

Jan 2014

Jan 2015

Jan 2016

Brazil

USDA Official

New post

USDA Official

New post

USDA Official

New post

Crush

2,400

2,400

2,300

2,100

0

1,800

Beginning Stocks

44

44

44

44

0

44

Production

396

396

380

350

0

300

MY Imports

0

0

0

0

0

0

MY Imp. from U.S.

0

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

0

Total Supply

440

440

424

394

0

344

MY Exports

0

0

0

0

0

0

MY Exp. to EU

2

2

2

0

0

0

Industrial Dom. Cons.

200

200

200

200

0

180

Food Use Dom. Cons.

196

196

190

150

0

120

Feed Waste Dom. Cons.

0

0

0

0

0

0

Total Dom. Cons.

396

396

390

350

0

300

Ending Stocks

44

44

34

44

0

44

Total Distribution

440

440

424

394

0

344

1000 MT, PERCENT