Today is 03/29/2024

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

2020-12-14 www.cofeed.com
China Soybean Supply and Demand Estimates (Oct-Sept)
Item/Year 2016/17 2017/18 2018/19 2019/20 2020/21
(0,000 tonnes) Est. Est. Est. Nov. Proj. Dec. Proj. Nov. Proj. Dec. Proj.
Beginning Stocks 1294 1384 1559 1289 1289 1601 1601
Domestic Production 1265 1485 1590 1600 1600 1700 1700
Imports 9220 9411 8280 9662 9662 10000 10000
Total Supply 11779 12280 11429 12551 12551 13301 13301
 
Crush: of which 8800 8986 8500 9180 9180 9600 9600
Domestic Soybeans 137 200 210 210 210 250 210
Imported Soybeans 8663 8786 8290 8970 8970 9350 9390
Exports 15 15 15 15 15 15 15
Seeds 60 70 75 85 85 85 85
Food & Industrial Consumption 1520 1650 1550 1670 1670 1750 1750
Total Use 10395 10721 10140 10950 10950 11450 11450
 
Ending Stocks 1384 1559 1289 1601 1601 1851 1851
Stock-to-use Ratio 0.1331 0.1454 0.1271 0.1462 0.1462 0.1617 0.1617