Table 07: Soybeans: World Supply and Distribution


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Table 07: Soybeans: World Supply and Distribution

Thousand Metric Tons
Date Created 06/12/2025 12:11:14 PM

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	2021/22	2022/23	2023/24	2024/25	May 2025/26	Jun 2025/26
Production	nr	nr	nr	nr	nr	nr
Brazil	130,500	162,000	154,500	169,000	175,000	175,000
United States	121,504	116,221	113,273	118,836	118,115	118,115
Argentina	43,900	25,000	48,210	49,000	48,500	48,500
China	16,395	20,284	20,840	20,650	21,000	21,000
India	11,889	12,411	11,875	12,582	12,500	12,500
Paraguay	4,183	10,250	11,000	10,200	11,000	11,000
Russia	4,760	5,996	6,800	7,050	7,800	7,800
Other	27,407	26,198	30,432	33,459	32,902	32,902

Total	360,538	378,360	396,930	420,777	426,817	426,817

Imports	nr	nr	nr	nr	nr	nr
China	90,297	104,500	112,000	108,000	112,000	112,000
European Union	14,545	13,127	13,461	14,600	14,300	14,300
Argentina	3,839	9,059	7,787	6,000	7,200	7,200
Mexico	6,397	6,451	6,456	6,700	7,000	7,000
Egypt	4,566	1,992	3,177	3,600	4,500	4,500
Thailand	3,243	3,238	3,428	4,300	4,400	4,400
Turkey	2,949	2,888	3,252	3,500	3,600	3,600
Japan	3,455	3,332	3,099	3,300	3,300	3,300
Taiwan	2,622	2,559	2,577	2,850	2,950	2,950
Vietnam	1,839	1,858	2,265	2,500	2,900	2,900
Other	21,231	19,593	20,619	22,928	24,669	24,714

Total	154,983	168,597	178,121	178,278	186,819	186,864

Exports	nr	nr	nr	nr	nr	nr
Brazil	79,063	95,504	104,170	104,500	112,000	112,000
United States	58,570	53,874	46,128	50,349	49,396	49,396
Paraguay	2,273	6,495	7,987	6,800	7,700	7,700
Canada	4,289	4,240	4,846	5,300	4,800	4,800
Argentina	2,861	4,185	5,114	4,200	4,500	4,500
Other	7,372	7,472	9,427	9,779	10,036	10,036

Total	154,428	171,770	177,672	180,928	188,432	188,432

Crush	nr	nr	nr	nr	nr	nr
China	90,000	96,000	99,000	103,000	108,000	108,000
United States	59,980	60,199	62,196	65,862	67,767	67,767
Brazil	50,767	53,409	54,405	57,000	58,000	58,000
Argentina	38,825	30,318	36,583	42,600	43,000	43,000
European Union	15,400	14,300	14,500	15,000	15,300	15,300
India	8,500	10,300	11,300	11,000	11,350	11,350
Mexico	6,350	6,650	6,530	6,650	7,000	7,000
Russia	4,900	5,400	5,900	6,100	6,300	6,300
Egypt	4,500	2,200	3,125	3,500	4,400	4,400
Thailand	2,500	2,100	2,400	2,800	3,200	3,200
Bolivia	3,100	3,300	2,600	3,100	3,100	3,100
Paraguay	2,200	3,450	3,000	3,100	3,100	3,100
Iran	2,500	3,000	2,700	2,650	3,000	3,000
Bangladesh	2,425	1,650	2,000	2,200	2,600	2,600
Japan	2,640	2,600	2,364	2,525	2,550	2,550
Other	22,098	20,728	22,424	26,115	27,795	27,920

Total	316,685	315,604	331,027	353,202	366,462	366,587

Ending Stocks	nr	nr	nr	nr	nr	nr
China	25,146	32,340	43,310	44,980	43,860	44,880
Brazil	27,378	36,819	29,761	33,436	34,162	34,286
Argentina	23,691	16,997	24,047	24,747	25,447	25,447
United States	7,468	7,190	9,319	9,527	8,032	8,032
European Union	1,572	1,259	1,279	1,880	2,110	2,010
Other	8,219	7,176	7,593	9,634	10,719	10,647

Total	93,474	101,781	115,309	124,204	124,330	125,302

Most countries are on an October/September Marketing Year (MY). The United States, Mexico, and Thailand are on a September/August MY. Canada is on an August/July MY. Paraguay is on a Jan/Dec MY.