Today is 12/22/2024
| China Soybean Meal Supply and Demand Estimates (Oct-Sept) | |||||||||
| Item | 2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 | 2020/21 | ||
| (0,000 tonnes) | Est. | Est. | Est. | Est. | Est. | May Proj. | Jun Proj. | May Est. | Jun Proj. |
| Beginning Stocks | 87 | 83 | 70 | 98 | 95 | 71 | 71 | 90 | 90 |
| Domestic Production | 6,105 | 6,464 | 6,992 | 7,114 | 6,707 | 6,892 | 6,894 | 7,113 | 7,113 |
| Imports | 6 | 2 | 2 | 2 | 7 | 10 | 10 | 8 | 8 |
| Total Supply | 6,198 | 6,549 | 7,064 | 7,214 | 6,809 | 6,973 | 6,975 | 7,211 | 7,211 |
| Domestic Consumption | 5,965 | 6,290 | 6,839 | 6,984 | 6,648 | 6,793 | 6,795 | 7,006 | 7,006 |
| Exports | 150 | 189 | 127 | 135 | 90 | 90 | 90 | 100 | 100 |
| Total Use | 6,115 | 6,479 | 6,966 | 7,119 | 6,738 | 6,883 | 6,885 | 7,106 | 7,106 |
| Ending Stocks | 83 | 70 | 98 | 95 | 71 | 90 | 90 | 105 | 105 |
| Stock-to-Use Ratio | 1.35% | 1.08% | 1.43% | 1.33% | 1.05% | 1.31% | 1.31% | 1.48% | 1.48% |