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Cofeed: China Wheat Supply and Demand Estimates (Dec, 2020)

2020-12-10 www.cofeed.com
China Wheat Supply and Demand Estimates (June-May)
Item/Year 2017/18 2018/19 2019/20 2020/21
(0,000 tonnes; 0’000 mu) Est. Est. Nov Est. Dec Est. Nov Proj. Dec Proj.
Planted Area 36762 36402 36102 36102 35741 35741
Beginning Stocks 5441 7280 6910 6910 8018 8018
Production 12485 10612 11841 11841 10657 10657
Imports 366 269 350 350 600 600
Total Supply 18292 18161 19101 19101 19275 19275
Flour Milling Consumption 9100 9200 9300 9300 9200 9200
Feed Consumption 700 800 700 700 950 1100
Industrial Consumption 750 800 700 700 800 800
Seeds & Waste 460 450 450 450 480 480
Exports 1.73 0.85 1 1 1 1
Total Demand 11012 11251 11151 11151 11431 11581
Ending Stocks 7280 6910 7950 7950 7844 7694
Remarks: 1 mu=0.067 ha