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Table 08: Soybean Meal: World Supply and Distribution 
  
Thousand Metric Tons
Date Created  09/10/2021 12:06:32 PM  
 
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  2017/18 2018/19 2019/20 2020/21 Aug
2021/22
Sep
2021/22
Production nr nr nr nr nr nr
China 71,280 67,320 72,468 74,448 77,616 77,616
United States 44,657 44,283 46,358 45,957 47,219 46,629
Brazil 34,300 32,960 36,225 36,240 36,970 36,970
Argentina 28,450 31,250 29,870 31,450 33,150 33,150
European Union 11,297 11,850 12,324 12,727 12,569 12,569
India 6,160 7,680 6,720 7,520 7,760 7,760
Mexico 4,152 4,860 4,750 4,900 5,060 5,060
Other 31,891 33,649 36,502 36,511 38,342 38,701
 
 
Total 232,187 233,852 245,217 249,753 258,686 258,455
 
Imports nr nr nr nr nr nr
European Union 16,992 17,197 16,332 16,750 17,000 17,000
Vietnam 5,000 5,160 5,100 5,300 5,300 5,300
Indonesia 4,486 4,449 5,043 5,100 5,150 5,150
Thailand 3,191 2,889 2,854 2,750 2,670 2,670
Philippines 2,564 2,464 2,636 2,500 2,600 2,600
United Kingdom 1,933 2,160 2,134 2,200 2,250 2,250
Korea, South 1,846 1,855 1,992 1,940 2,000 2,000
Iran 1,544 2,542 618 1,900 1,900 1,950
Mexico 1,875 1,887 1,818 1,875 1,925 1,925
Japan 1,728 1,596 1,858 1,850 1,800 1,800
Other 21,647 20,697 21,592 21,889 21,691 22,591
 
 
Total 62,806 62,896 61,977 64,054 64,286 65,236
 
Exports nr nr nr nr nr nr
Argentina 26,265 28,833 27,461 28,200 29,500 29,500
Brazil 16,032 16,093 17,499 17,100 17,000 17,000
United States 12,717 12,141 12,550 12,791 12,882 12,882
Paraguay 2,628 2,333 2,138 2,050 2,250 2,250
Bolivia 1,653 1,638 1,700 1,700 1,700 1,700
Other 6,515 7,060 6,336 7,509 6,881 7,252
 
 
Total 65,810 68,098 67,684 69,350 70,213 70,584
 
Domestic Consumption nr nr nr nr nr nr
China 70,105 66,405 71,507 73,278 76,576 76,576
United States 32,237 32,901 34,443 33,816 34,699 34,109
European Union 27,742 27,942 28,317 28,592 28,592 28,592
Brazil 17,311 17,645 18,500 19,100 20,000 20,000
India 4,739 5,380 5,670 6,045 6,235 7,035
Mexico 5,950 6,650 6,725 6,750 7,000 7,000
Vietnam 6,151 6,021 5,995 6,120 6,220 6,220
Indonesia 4,450 4,625 4,960 5,100 5,150 5,150
Thailand 4,280 4,400 4,840 4,870 4,900 4,900
Egypt 3,200 3,400 3,650 3,900 4,200 4,150
Japan 3,541 3,522 3,595 3,612 3,690 3,690
Russia 3,400 3,500 3,500 3,550 3,625 3,625
Iran 3,250 3,350 3,400 3,500 3,550 3,600
Argentina 2,996 3,126 3,200 3,322 3,400 3,400
Korea, South 2,625 2,650 2,725 2,725 2,775 2,775
Other 36,852 37,810 39,733 41,418 42,108 42,180
 
 
Total 228,829 229,327 240,760 245,698 252,720 253,002
 
Ending Stocks nr nr nr nr nr nr
Brazil 4,296 3,540 3,776 3,831 3,716 3,816
Argentina 2,744 2,062 1,272 1,200 1,650 1,450
European Union 510 862 326 411 588 538
United States 504 365 310 408 454 454
India 215 379 566 481 336 336
Other 6,331 6,715 6,423 5,101 4,848 4,943
 
 
Total 14,600 13,923 12,673 11,432 11,592 11,537
 
Most countries are on an October/September Marketing Year (MY). The Mexico and Thailand are on a September/August MY. Canada is on an August/July MY. Paraguay, Vietnam and the Philippines are on a January/December MY and Bolivia is on a March/February MY.