Table 08: Soybean Meal: World Supply and Distribution


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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.