Domestic Soybean Supply & Demand Estimates (Crop year: Oct.-Sept; 0’000 tonnes) | |||||||
Item/Year | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 | ||
Est. | Est. | Est. | Nov. Proj. | Dec. Proj. | Nov. Proj. | Dec. Proj. | |
Beginning Stocks | 1,350 | 1294 | 1384 | 1559 | 1559 | 1249 | 1249 |
Domestic Production | 1,090 | 1265 | 1485 | 1500 | 1500 | 1600 | 1600 |
Imports | 8,317 | 9220 | 9411 | 8280 | 8280 | 8700 | 8700 |
Total Supply | 10,757 | 11779 | 12280 | 11339 | 11339 | 11549 | 11549 |
Crush | 8,140 | 8800 | 8986 | 8500 | 8500 | 8600 | 8600 |
Domestic | 190 | 137 | 200 | 210 | 210 | 230 | 230 |
Imported | 7,950 | 8663 | 8786 | 8290 | 8290 | 8370 | 8370 |
Exports | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Seeds | 50 | 60 | 70 | 75 | 75 | 75 | 75 |
Food & Industrial Consumption | 1,258 | 1520 | 1650 | 1500 | 1500 | 1580 | 1580 |
Total Use | 9,463 | 10395 | 10721 | 10090 | 10090 | 10270 | 10270 |
Ending Stocks | 1,294 | 1384 | 1559 | 1249 | 1249 | 1279 | 1279 |
Stock-to-use Ratio | 13.72% | 13.31% | 14.54% | 12.38% | 12.38% | 12.45% | 12.45% |
Imported Soybean Supply & Demand Estimates (0’000 tonnes) | |||||||||
Year | Est. | Beginning Stocks | Import &delivery from reserves | reserve grain rotation and warehousing | Total Supply | imported soybean for crushing | Food & Extruded | Total Use | Ending Stocks |
2017 | Jan | 584 | 751 | 1335 | 665 | 65 | 730 | 605 | |
Feb | 605 | 570 | 1175 | 556 | 11 | 567 | 608 | ||
Mar | 608 | 607 | 1215 | 650 | 14 | 664 | 551 | ||
Apr | 551 | 786 | 1337 | 708 | 43 | 751 | 586 | ||
May | 586 | 914 | 1500 | 788 | 70 | 858 | 642 | ||
Jun | 642 | 854 | 1496 | 746 | 64 | 810 | 686 | ||
Jul | 686 | 881 | 1567 | 785 | 46 | 831 | 736 | ||
Aug | 736 | 781 | 1517 | 761 | 20 | 781 | 736 | ||
Sept | 736 | 759 | 1495 | 814 | 26 | 840 | 655 | ||
Oct | 655 | 678 | 1333 | 741 | 30 | 771 | 562 | ||
Nov | 562 | 906 | 1468 | 798 | 63 | 861 | 607 | ||
Dec | 607 | 883 | 1490 | 852 | 23 | 875 | 615 | ||
2018 | Jan | 615 | 848 | 1463 | 818 | 45 | 863 | 600 | |
Feb | 600 | 564 | 1164 | 415 | 40 | 455 | 709 | ||
Mar | 709 | 566 | 1275 | 710 | 10 | 720 | 555 | ||
Apr | 555 | 771 | 1326 | 696 | 15 | 711 | 615 | ||
May | 615 | 912 | 1527 | 689 | 68 | 757 | 770 | ||
Jun | 770 | 870 | 1640 | 746 | 70 | 816 | 824 | ||
Jul | 824 | 797 | 1621 | 741 | 50 | 791 | 830 | ||
Aug | 830 | 855 | 1685 | 810 | 16 | 826 | 859 | ||
Sept | 859 | 790 | 1649 | 770 | 10 | 780 | 869 | ||
Oct | 869 | 692 | 1561 | 782 | 10 | 792 | 769 | ||
Nov | 769 | 634 | 1403 | 695 | 10 | 705 | 698 | ||
Dec | 698 | 690 | 1388 | 733 | 10 | 743 | 645 | ||
2019 | Jan | 645 | 650 | 1295 | 687 | 10 | 697 | 598 | |
Feb | 598 | 400 | 998 | 364 | 54 | 418 | 580 | ||
Mar | 580 | 602 | -20 | 1162 | 688 | 24 | 712 | 450 | |
Apr | 450 | 811 | -30 | 1231 | 700 | 21 | 721 | 510 | |
May | 510 | 800 | 0 | 1310 | 762 | 12 | 774 | 536 | |
Jun | 536 | 795 | -26 | 1305 | 730 | 50 | 780 | 525 | |
Jul | 525 | 930 | -89 | 1366 | 661 | 47 | 708 | 658 | |
Aug | 658 | 862 | -108 | 1412 | 748 | 22 | 770 | 642 | |
Sept | 642 | 797 | -80 | 1349 | 740 | 50 | 790 | 559 | |
Oct | 559 | 740 | -120 | 1179 | 660 | 65 | 725 | 454 | |
Nov | 454 | 790 | -70 | 1174 | 693 | 46 | 739 | 435 | |
Dec | 435 | 940 | -65 | 1310 | 740 | 65 | 805 | 505 | |
2020 | Jan | 505 | 710 | -60 | 1155 | 560 | 40 | 600 | 555 |
Feb | 555 | 480 | 0 | 1035 | 600 | 20 | 625 | 410 | |
Mar | 410 | 610 | 0 | 1020 | 670 | 30 | 700 | 320 | |
Apr | 320 | 750 | 0 | 1070 | 705 | 20 | 725 | 345 | |
May | 345 | 800 | 0 | 1145 | 750 | 25 | 775 | 370 | |
Jun | 370 | 790 | 0 | 1160 | 735 | 30 | 765 | 395 | |
Jul | 395 | 780 | 0 | 1175 | 720 | 30 | 750 | 425 | |
Aug | 425 | 838 | 0 | 1263 | 787 | 28 | 815 | 448 | |
Sept | 448 | 770 | 0 | 1218 | 750 | 15 | 765 | 453 |