Today is 12/24/2024
| China Soybean Meal Supply and Demand Estimates (Oct-Sept) | ||||||||
| Item | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 | 2020/21 | ||
| (0,000 tonnes) | Est. | Est. | Est. | Est. | Jun Proj. | Jul Proj. | Jun Proj. | Jul Proj. |
| Beginning Stocks | 83 | 70 | 98 | 95 | 71 | 71 | 95 | 98 |
| Domestic Production | 6,464 | 6,992 | 7,114 | 6,707 | 6,979 | 7,067 | 7,231 | 7,310 |
| Imports | 2 | 2 | 2 | 7 | 8 | 8 | 8 | 8 |
| Total Supply | 6,549 | 7,064 | 7,214 | 6,809 | 7,058 | 7,146 | 7,334 | 7,416 |
| Domestic Consumption | 6,290 | 6,839 | 6,984 | 6,648 | 6,873 | 6,948 | 7,119 | 7,198 |
| Exports | 189 | 127 | 135 | 90 | 90 | 100 | 100 | 100 |
| Total Use | 6,479 | 6,966 | 7,119 | 6,738 | 6,963 | 7,048 | 7,219 | 7,298 |
| Ending Stocks | 70 | 98 | 95 | 71 | 95 | 98 | 115 | 118 |
| Stock-to-Use Ratio | 1.08% | 1.43% | 1.33% | 1.05% | 1.36% | 1.39% | 1.59% | 1.62% |