Today is 12/22/2024
| 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. | Aug Proj. | Sept Proj. | Aug Proj. | Sept Proj. |
| Beginning Stocks | 83 | 70 | 98 | 95 | 71 | 71 | 98 | 120 |
| Domestic Production | 6,464 | 6,992 | 7,114 | 6,707 | 7,161 | 7,185 | 7,310 | 7,349 |
| Imports | 2 | 2 | 2 | 7 | 8 | 8 | 8 | 8 |
| Total Supply | 6,549 | 7,064 | 7,214 | 6,809 | 7,240 | 7,264 | 7,416 | 7,477 |
| Domestic Consumption | 6,290 | 6,839 | 6,984 | 6,648 | 7,042 | 7,034 | 7,198 | 7,242 |
| Exports | 189 | 127 | 135 | 90 | 100 | 110 | 100 | 110 |
| Total Use | 6,479 | 6,966 | 7,119 | 6,738 | 7,142 | 7,144 | 7,298 | 7,352 |
| Ending Stocks | 70 | 98 | 95 | 71 | 98 | 120 | 118 | 125 |
| Stock-to-Use Ratio | 1.08% | 1.43% | 1.33% | 1.05% | 1.37% | 1.68% | 1.62% | 1.70% |