This database contains statistics on seven
oilseeds (soybeans, sunflowerseed, canola,
flaxseed, safflowerseed, peanuts, and cottonseed), seven
oilseed meals (soybean meal, sunflowerseed meal,
canola meal, linseed meal, safflowerseed meal, peanut meal, and
cottonseed meal) and twelve vegetable oils
(soybean oil, sunflowerseed oil, canola oil, linseed oil,
safflowerseed oil, peanut oil, cottonseed oil, olive oil, coconut
oil, palm oil, palm kernel oil, and corn oil). This includes data
published in the monthly Oil Crops Outlook reports and previous
editions of the annual Oil Crops Yearbook. However, the database
generally covers a longer time period.
Annual and quarterly supply-use statistics are on a
marketing-year basis. Marketing years span calendar years and are
often written to include both calendar years. For example, 1998/99
refers to the marketing year beginning September 1, 1998 and ending
August 31, 1999. Marketing years differ by commodity and are as
- Soybeans begin September 1 and are comprised
of four quarters (September-November, December-February, March-May,
and June-August). Prior to 1986, the marketing year began October
- Sunflowerseed begins September 1.
- Sunflowerseed begins September 1
- Canola begins June 1.
- Flaxseed begins June 1.
- Peanuts begin August 1.
- All oilseed meals and vegetable
oils begin October 1.
- Domestic consumption of fats and oils in food products are on a
- Foreign oilseeds, oilseed meals, and vegetable
oils are an aggregation on the basis of local
(producing-country) marketing years, except adjusted imports, which
USDA adjusts on an October/September year in the Production, Supply, and Distribution (PS&D)
database. Putting all countries on the same 12-month year
facilitates analysis of competition and market share, as countries
in the Southern Hemisphere have a local marketing year that is
quite different from the international trade year.
Most of the data are from USDA's National Agricultural
Statistics Service, World Agricultural Outlook Board, Agricultural
Marketing Service, Farm Service Agency, Foreign Agricultural
Service; the U.S. Department of Commerce, Bureau of the Census; and
the U.S. Department of Labor. Some production data for oilseed
meals, vegetable oils, and animal fats are calculated by ERS. The
National Sunflower Association is the current source for U.S.
sunflowerseed crush data. Milling and Baking News is the
source for several vegetable oils prices.
Yearbook data are updated annually in March.
Several units of measure are used in this database. Here are a
few useful conversion factors:
- Soybean, 1 bushel = 60 pounds
- Flaxseed, 1 bushel = 56 pounds
- 1 metric ton = 2,204.622 pounds
- 1 U.S. (short) ton = 2,000 pounds
- 1 hectare = 2.4710 acres
Supply and Disappearance
Estimating the supply and disappearance of U.S. oilseeds,
oilseed meals, and vegetable oils is a joint effort of several
agencies of USDA's Oilseeds Interagency Commodity Estimates
Committee (ICEC). These estimates are published monthly in World Agricultural Supply and Demand Estimates
(WASDE), and changes in the estimates from month-to-month are
explained in ERS' monthly Oil Crops Outlook. For more
information, see USDA Outlook Process.
Supply and Use:
Imports and Exports:
- Data are reported for both U.S. and world trade.
- U.S. trade data are calculated from U.S. Census Bureau data on
a monthly basis, and then accumulated to total annual data.
- World trade data come from USDA's Foreign Agricultural Service
Production, Supply, and Distribution (PS&D)
- On the Custom Queries page, under Data Attributes, there are
three different types of trade data. Each has a different source
and is labeled as follows:
Here are important details about the items in the database, such
as which data are preliminary or changes to data series over
- Average prices received by farmers for soybeans, sunflowerseed,
canola, peanuts, flaxseed, and safflowerseed do not include an
allowance for loans outstanding and government purchases.
- The most recent month is preliminary.
- Annual season-average price for soybeans, sunflowerseed,
canola, peanuts, flaxseed, and safflowerseed is based on monthly
prices weighted by monthly marketings. These prices are from USDA's
Agricultural Statistics Service.
- Annual season-average soybean price for the current marketing
year is published in USDA's World Agricultural Supply and Demand Estimates
(WASDE) as a projected price range and reported in the database
as a projected high and low value of the range, as well as a
Market Prices for Oilseed Meal and Vegetable Oil:
The monthly, cash-bid prices for various oilseed meals and
vegetable at principal U.S. markets are from USDA's Agricultural
Marketing Service. Sosland Publishing Company's Milling and
Baking News is also a source for several vegetable oils prices.