Market Outlook
ERS conducts a variety of market outlook activities related to
the oilseed complex. Details on major changes and events in the
world oilseeds market are published 12 months of the year in the Oil Crops Outlook. (Previously published
outlook reports are also available.) The Oil Crops Yearbook provides a recap of the
previous market year.
ERS--with the World Agricultural Outlook Board, Farm Service
Agency, Foreign Agricultural Service, and Agricultural Marketing
Service--develops USDA's monthly World Agricultural Supply and Demand Estimates
(WASDE) report, which is coordinated by the World Agricultural
Outlook Board. WASDE provides current-year estimates and
projections of domestic and global supply and use for soybeans,
soybean meal, and soybean oil, among other commodities. Aggregate
estimates are also provided for domestic and global supply and use
of total oilseeds, oil meals, and vegetable oils.
Long-term (10-year) supply and use projections for the domestic
and international soybean complex are available through the
Agricultural Baseline data product. For further information on the
supply and demand issues underlying the baseline for soybeans, see
the chapter on U.S.
crops
.