1. 2 Prepared for: International Sweetener Colloquium Presenter: Paul Meyers February 10, 2009.

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Presentation transcript:

1

2 Prepared for: International Sweetener Colloquium Presenter: Paul Meyers February 10, 2009

3 Soybeans

4 Monthly Average of Nearby Soybean Futures

5 Monthly Average of Nearby Soybean Oil Futures

6

7 RBD PALM OIL PRICES, CIF, U.S. PORTS

8 ANNUAL U.S. SOYBEAN BALANCE SHEET

9 USDA 2008 U.S. SOYBEAN PRODUCTION ESTIMATES AND 2008/09 U.S. SOYBEAN CARRYOVER STOCKS ESTIMATES

10 U.S. SOYBEAN PRODUCTION *USDA Estimate

11 U.S. SOYBEAN EXPORTS

12 SOUTH AMERICAN SOYBEAN PRODUCTION

13 CHINA: SOYBEAN IMPORTS *Projected.

14 U.S. SOYBEAN CRUSHINGS *Connell Estimate

15 U.S. SOYBEAN CARRYOVER STOCKS-TO-USE RATIO

16 ANNUAL U.S. SOYBEAN OIL BALANCE SHEET

17 U.S. SOYBEAN OIL USED IN BIODIESEL PRODUCTION *Projected.

18 U.S. SOYBEAN OIL EXPORTS *Connell Estimate

19 MONTHLY U.S. SOYBEAN OIL STOCKS, BEGINNING OF MONTH

20 U.S. SOYBEAN PLANTED ACREAGE *USDA Estimate

21 U.S. SOYBEAN BALANCE SHEET

22 Nearby Futures Price Forecasts for Soybeans and Soybean Products