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 follows:
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:
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.
Here are important details about the items in the database, such as which data are preliminary or changes to data series over time.
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.
Last updated: Thursday, September 22, 2016
For more information contact: Mark Ash
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