As millers continue raising operation rates this week (Nov 7-13), soybean crush at domestic mills totals 2,120,080 tonnes (meal 1,674,863 tonnes and oil 402,815 tonnes), up 24,500 tonnes or 1.17% from 2,095,580 tonnes last week. Meanwhile, operation rates (capacity utilization) are 60.55%, up 0.7% from 59.85% in the previous week. Soybean crush is expected to rise to 2.13 mln tonnes and move to 2.15 mln tonnes in the next two weeks, respectively.

In the crop year of 2020/21 (from Oct 1st, 2020), China’s soybean crush totals 12,517,504 tonnes, up 2,347,954 tonnes or 23.09% from 10,169,550 tonnes a year earlier.

In the calendar year of 2020 (from Jan. 1st, 2020), China’s soybean crush amounts to 82,124,190 tonnes, up 9,912,955 tonnes or 13.73% from 72,211,235 tonnes of the corresponding period in 2019.

Fig.: Soybean Weekly Crush in China (2016-2020)

Details for weekly crush by region and by group are shown as follows: