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Table 08: Soybean Meal: World Supply and Distribution 
  
Thousand Metric Tons
Date Created  07/12/2017 12:03:34 PM  
 
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  2013/14 2014/15 2015/16 2016/17 Jun
2017/18
Jul
2017/18
Production nr nr nr nr nr nr
China 54,531 59,004 64,152 68,508 72,468 73,260
United States 36,909 40,880 40,525 40,493 42,003 42,003
Argentina 27,892 30,928 33,211 34,920 35,000 35,000
Brazil 28,540 31,300 30,750 32,120 32,500 32,500
European Union 10,586 11,060 12,008 11,692 12,324 12,166
India 6,960 6,160 4,560 7,120 7,520 7,520
Russia 2,679 2,876 3,191 3,546 3,743 3,743
Other 22,368 25,928 27,425 29,289 31,361 31,242
 
 
Total 190,465 208,136 215,822 227,688 236,919 237,434
 
Imports nr nr nr nr nr nr
European Union 18,137 19,623 19,208 19,000 19,600 19,600
Vietnam 3,344 4,502 5,090 5,150 5,400 5,400
Indonesia 3,983 3,844 4,203 4,300 4,450 4,450
Thailand 2,665 3,068 2,433 2,850 3,050 3,050
Philippines 2,335 2,204 2,617 2,650 2,750 2,750
Mexico 1,410 1,795 2,367 2,400 2,700 2,700
Korea, South 1,825 1,751 2,118 1,950 2,000 2,000
Japan 1,976 1,699 1,721 1,800 1,880 1,880
Iran 2,683 1,948 1,420 1,725 1,620 1,870
Malaysia 1,397 1,465 1,291 1,480 1,600 1,600
Other 18,189 18,956 19,431 19,616 20,373 20,433
 
 
Total 57,944 60,855 61,899 62,921 65,423 65,733
 
Exports nr nr nr nr nr nr
Argentina 24,972 28,575 30,325 31,750 32,325 32,325
Brazil 13,948 14,290 15,407 14,750 15,500 15,250
United States 10,504 11,891 10,844 10,795 11,249 11,249
Paraguay 2,504 2,530 2,450 2,750 2,750 2,750
India 3,252 1,521 409 1,400 1,700 1,700
Other 5,536 5,556 5,917 5,018 5,609 5,595
 
 
Total 60,716 64,363 65,352 66,463 69,133 68,869
 
Domestic Consumption nr nr nr nr nr nr
China 52,534 57,467 62,267 67,163 70,998 71,790
European Union 28,392 29,942 31,092 30,592 31,692 31,442
United States 26,775 29,282 30,044 29,983 31,026 31,026
Brazil 15,100 15,700 16,170 16,800 17,250 17,400
Vietnam 4,100 4,750 5,620 6,090 6,700 6,700
Mexico 4,575 5,100 5,775 6,060 6,420 6,420
India 3,640 4,500 4,630 5,150 5,800 5,800
Thailand 4,150 4,100 4,230 4,300 4,450 4,430
Indonesia 3,825 4,100 4,178 4,250 4,350 4,350
Iran 2,800 3,030 3,250 3,550 3,600 3,850
Russia 2,700 2,850 3,150 3,350 3,750 3,750
Japan 3,434 3,361 3,453 3,550 3,650 3,650
Egypt 2,450 2,650 2,950 3,200 3,450 3,450
Argentina 2,100 2,402 2,680 2,840 3,056 3,056
Philippines 2,200 2,350 2,550 2,750 2,950 2,950
Other 28,096 30,192 31,507 33,017 34,825 34,790
 
 
Total 186,871 201,776 213,546 222,645 233,967 234,854
 
Ending Stocks nr nr nr nr nr nr
Argentina 4,073 4,025 4,231 4,561 3,860 4,180
Brazil 2,484 3,812 3,010 3,600 3,270 3,470
India 407 553 119 696 723 723
Indonesia 481 225 250 300 400 400
Thailand 145 363 46 216 371 366
Other 3,058 4,522 4,667 4,451 3,887 4,129
 
 
Total 10,648 13,500 12,323 13,824 12,511 13,268
 
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 is on a March/February MY. Vietnam and the Philippines are on a January/December MY and Bolivia is on a March/February MY.