Meal, Soybean PSD

Meal, Soybean Malaysia

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

370

370

405

405

410

Extr. Rate, 999.9999

0.7865

0.7865

0.7901

0.7901

0.8049

Beginning Stocks

101

101

130

130

130

Production

291

291

320

320

330

MY Imports

1,397

1,397

1,425

1,400

1,420

MY Imp. from U.S.

19

19

0

0

0

MY Imp. from EU

0

0

0

0

0

Total Supply

1,789

1,789

1,875

1,850

1,880

MY Exports

37

37

40

40

40

MY Exp. to EU

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

Food Use Dom. Cons.

0

0

0

0

0

Feed Waste Dom. Cons.

1,622

1,622

1,700

1,680

1,700

Total Dom. Cons.

1,622

1,622

1,700

1,680

1,700

Ending Stocks

130

130

135

130

140

Total Distribution

1,789

1,789

1,875

1,850

1,880

1000 MT, PERCENT

Production and Imports

Protein demand for swine and poultry feed is growing according to population growth, and meal imports are expected to moderately increase to 1.4 million tons in 2014/15 and 1.42 million tons in 2015/16. Argentina remains the dominant supplier of soybean meal. Importers report that U.S. meal prices have rarely been competitive with South American origins in recent years due to the freight advantage, and Argentina's use of its differential export tax scheme.

Consumption

Demand for poultry meat remains firm but showing only modest growth. As a result, soybean meal consumption is forecast to increase marginally in 2014/15 and in 2015/16.

Soybean meal imports

Import Trade Matrix

Country

Malaysia

Commodity

Soybean meal

Time Period

Market Begin Oct

Units:

1000MT

Imports for:

2012/13

2013/14

U.S.

8

19

Others

Others

Argentina

1,072

1,030

China

59

55

Total for Others

1,131

1,085

Others not Listed

137

293

Grand Total

1,276

1,397

Oil, Soybean PSD

Oil, Soybean Malaysia

2013/2014

2014/2015

2015/2016

Market Year Begin: Oct 2013

Market Year Begin: Oct 2014

Market Year Begin: Oct 2015

USDA Official

New Post

USDA Official

New Post

USDA Official

New Post

Crush

370

370

405

405

410

Extr. Rate, 999.9999

0.1784

0.1784

0.1802

0.1802

0.1805

Beginning Stocks

0

0

0

0

1

Production

66

66

73

74

74

MY Imports

113

113

120

86

90

MY Imp. from U.S.

0

0

0

0

0

MY Imp. from EU

0

0

0

0

0

Total Supply

179

179

193

160

165

MY Exports

157

157

170

138

140

MY Exp. to EU

0

0

0

0

0

Industrial Dom. Cons.

0

0

0

0

0

Food Use Dom. Cons.

22

22

23

21

22

Feed Waste Dom. Cons.

0

0

0

0

0

-

0

0

0

0

0

Total Dom. Cons.

22

22

23

21

22

Ending Stocks

0

0

0

1

3

Total Distribution

179

179

193

160

165

1000 MT, PERCENT