Cofeed: China Corn Supply and Demand Estimates (Oct, 2020)

2020-10-12 www.cofeed.com

China Corn Supply and Demand Estimates (Oct-Sept)
Item/Year	14/15	15/16	16/17	17/18	18/19	19/20	20/21	20/21
(0,000 tonnes; 0,000 ha)	Est.	Est.	Est.	Est.	Est.	Sept Proj.	Sept Proj.	Oct Proj.
Beginning Stocks	6002	4001.75	726.75	5916.45	9802.05	6443.05	5703.05	5703.05
Planted Area	4161	4437	4127	3741	3700	3580	3500	3500
Production	24850	26980	24680	21450	21580	21410	20140	20140
Net Release by Policy	-7756	-10368	5739	10035	2191	5683	0	0
Imports	552	317.42	246.4	345.5	448	720	1700	1700
Total Supply	23648	20931.17	31392.15	37746.95	34021.05	34256.05	27543.05	27543.05
Domestic Consumption	19645	20204	25468	27943	27568	28545	27215	27215
Feed Consumption	13150	13390	16898	17978	16878	17885	17585	17585
Industrial Consumption	4650	4920	6500	7800	8500	8360	7360	7360
Seeds & Food Use	1680	1750	1850	1900	1950	2050	2070	2070
Waste	165	144	220	265	240	250	200	200
Exports	1.25	0.42	7.7	1.9	10	8	9	9
Total Demand	19646.25	20204.42	25475.7	27944.9	27578	28553	27224	27224
Ending Stocks	4001.75	726.75	5916.45	9802.05	6443.05	5703.05	319.05	319.05

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