USDA Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks 2020 Annual Summary

USDA Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks 2020 Annual Summary

Summary

2020 Fats and Oils Oilseed Crushings, Production, Consumption and Stocks

As part of the Current Agricultural Industrial Reports (CAIR) program, the
2020 Annual Summary of the Fats and Oils: Oilseed Crushings, Production,
Consumption and Stocks contains data and annual totals for January through
December of 2020.

Soybeans crushed for crude oil was 66.2 million tons in 2020, an increase of
6 percent from 2019. Crude oil production was 25.4 billion pounds, up 5
percent from 2019.

Canola seeds crushed for crude oil was 2.28 million tons in 2020, up 23
percent from 2019. Crude oil production was 1.91 billion pounds, up 23
percent from 2019.

Tallow was published in three categories (edible, inedible, and technical).
The largest percentage of tallow production was inedible tallow at 3.53
billion pounds in 2020. Choice white grease production was 1.32 billion
pounds in 2020.

Soybean Crushing, Production, Consumption and Stocks - United States: 2020
----------------------------------------------------------------------------------------------------------------------------
Item : January 2020 :February 2020 : March 2020 : April 2020
----------------------------------------------------------------------------------------------------------------------------
Crush :
Soybeans crushed............................................tons: 5,663,403 5,258,777 5,764,867 5,501,825
Crude oil produced..................................1,000 pounds: 2,154,427 1,999,524 2,201,068 2,099,465
Cake and meal produced......................................tons: 4,144,355 3,863,475 4,234,605 4,038,220
For animal feed...........................................tons: 4,089,068 3,813,559 4,179,583 3,984,610
For edible protein products...............................tons: 55,287 49,916 55,022 53,610
Millfeed produced...........................................tons: 281,394 259,153 283,308 273,957
:
Refine :
Crude oil processed in refining.....................1,000 pounds: 1,442,642 1,469,241 1,634,117 1,288,755
Once refined oil produced...........................1,000 pounds: 1,408,135 1,428,523 1,596,738 1,261,415
:
Consumption :
Crude oil removed for inedible use in processing....1,000 pounds: 95,472 86,466 107,897 117,421
Once refined oil removed for use in processing......1,000 pounds: 1,428,464 1,410,035 1,583,459 1,277,068
Removed for edible use in processing..............1,000 pounds: 1,086,568 1,085,193 1,182,312 924,937
Removed for inedible use in processing............1,000 pounds: 341,896 324,842 401,147 352,131
:
Stocks :
Cake and meal on hand end of month..........................tons: 302,321 396,511 368,552 341,681
Millfeed on hand end of month...............................tons: 42,612 45,837 46,497 44,512
Crude oil on hand end of month......................1,000 pounds: 1,989,164 1,996,747 1,933,648 2,223,538
Crusher...........................................1,000 pounds: 862,567 947,485 856,124 939,273
Refiner...........................................1,000 pounds: 467,764 463,068 407,465 443,346
Offsite...........................................1,000 pounds: 658,833 586,194 670,059 840,919
Once refined oil on hand end of month...............1,000 pounds: 366,733 380,051 392,946 377,063
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See footnote(s) at end of table. --continued

Soybean Crushing, Production, Consumption and Stocks - United States: 2020 (continued)
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Item : May 2020 : June 2020 : July 2020 : August 2020
----------------------------------------------------------------------------------------------------------------------------
Crush :
Soybeans crushed............................................tons: 5,386,534 5,318,419 5,535,196 5,240,230
Crude oil produced..................................1,000 pounds: 2,057,617 2,035,269 2,122,758 2,012,823
Cake and meal produced......................................tons: 3,970,047 3,904,725 4,080,746 3,851,205
For animal feed...........................................tons: 3,914,540 3,847,451 4,024,727 3,805,984
For edible protein products...............................tons: 55,507 57,274 56,019 45,221
Millfeed produced...........................................tons: 270,933 262,751 280,424 260,540
:
Refine :
Crude oil processed in refining.....................1,000 pounds: 1,570,271 1,602,012 1,712,925 1,682,550
Once refined oil produced...........................1,000 pounds: 1,532,758 1,567,576 1,667,551 1,639,547
:
Consumption :
Crude oil removed for inedible use in processing....1,000 pounds: (D) (D) 116,577 119,840
Once refined oil removed for use in processing......1,000 pounds: 1,513,117 1,622,194 1,667,696 1,610,021
Removed for edible use in processing..............1,000 pounds: 1,073,872 1,169,175 1,186,887 1,137,884
Removed for inedible use in processing............1,000 pounds: 439,245 453,019 480,809 472,137
:
Stocks :
Cake and meal on hand end of month..........................tons: 442,173 420,426 411,925 388,138
Millfeed on hand end of month...............................tons: 55,674 41,877 38,595 32,959
Crude oil on hand end of month......................1,000 pounds: 2,048,938 1,925,728 1,776,460 1,575,628
Crusher...........................................1,000 pounds: 875,530 773,306 729,374 656,302
Refiner...........................................1,000 pounds: 431,345 450,977 380,940 322,528
Offsite...........................................1,000 pounds: 742,063 701,445 666,146 596,798
Once refined oil on hand end of month...............1,000 pounds: 396,477 345,083 346,764 369,479
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See footnote(s) at end of table. --continued

Soybean Crushing, Production, Consumption and Stocks - United States: 2020 (continued)
----------------------------------------------------------------------------------------------------------------------------
Item :September 2020: October 2020 :November 2020 :December 2020
----------------------------------------------------------------------------------------------------------------------------
Crush :
Soybeans crushed............................................tons: 5,131,665 5,897,079 5,731,207 5,794,233
Crude oil produced..................................1,000 pounds: 1,967,621 2,282,471 2,206,792 2,233,486
Cake and meal produced......................................tons: 3,754,168 4,335,054 4,230,274 4,235,822
For animal feed...........................................tons: 3,704,259 4,289,031 4,191,026 4,190,556
For edible protein products...............................tons: 49,909 46,023 39,248 45,266
Millfeed produced...........................................tons: 255,248 280,538 286,020 305,109
:
Refine :
Crude oil processed in refining.....................1,000 pounds: 1,576,908 1,692,858 1,617,081 1,614,330
Once refined oil produced...........................1,000 pounds: 1,540,809 1,650,706 1,580,598 1,576,008
:
Consumption :
Crude oil removed for inedible use in processing....1,000 pounds: 134,972 113,410 135,477 148,651
Once refined oil removed for use in processing......1,000 pounds: 1,564,674 1,595,129 1,547,094 1,614,446
Removed for edible use in processing..............1,000 pounds: 1,111,465 1,159,944 1,072,405 1,118,660
Removed for inedible use in processing............1,000 pounds: 453,209 435,185 474,689 495,786
:
Stocks :
Cake and meal on hand end of month..........................tons: 312,944 342,914 415,107 308,933
Millfeed on hand end of month...............................tons: 28,392 31,285 43,310 50,460
Crude oil on hand end of month......................1,000 pounds: 1,507,489 1,568,464 1,684,535 1,717,305
Crusher...........................................1,000 pounds: 604,951 693,170 759,569 781,381
Refiner...........................................1,000 pounds: 328,136 288,339 267,253 277,490
Offsite...........................................1,000 pounds: 574,402 586,955 657,713 658,434
Once refined oil on hand end of month...............1,000 pounds: 345,186 399,547 432,562 393,481
----------------------------------------------------------------------------------------------------------------------------
See footnote(s) at end of table. --continued

Soybean Crushing, Production, Consumption and Stocks - United States: 2020 (continued)
----------------------------------------------------------------------------------------
Item : Total 2020
----------------------------------------------------------------------------------------
Crush :
Soybeans crushed.......................................................tons: 66,223,435
Crude oil produced.............................................1,000 pounds: 25,373,321
Cake and meal produced.................................................tons: 48,642,696
For animal feed......................................................tons: 48,034,394
For edible protein products..........................................tons: 608,302
Millfeed produced......................................................tons: 3,299,375
:
Refine :
Crude oil processed in refining................................1,000 pounds: 18,903,690
Once refined oil produced......................................1,000 pounds: 18,450,364
:
Consumption :
Crude oil removed for inedible use in processing...............1,000 pounds: 1,422,740
Once refined oil removed for use in processing.................1,000 pounds: 18,433,397
Removed for edible use in processing.........................1,000 pounds: 13,309,302
Removed for inedible use in processing.......................1,000 pounds: 5,124,095
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(D) Withheld to avoid disclosing data for individual operations.


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