WASDE Sept 2019 - World Soybean Meal Supply and Use

WASDE Sept 2019 - World Soybean Meal Supply and Use

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WASDE - 592 - 29 September 2019

World Soybean Meal Supply and Use 1/
(Million Metric Tons)
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Supply Use
Stocks tion Imports Domestic Exports Stocks
Region Beginning Produc- Total Exports Ending
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2017/18
World 2/ 13.21 232.41 59.89 229.32 63.92 12.27
World Less China 13.21 161.13 59.86 159.21 62.72 12.27
United States 0.36 44.66 0.44 32.24 12.72 0.50
Total Foreign 12.85 187.75 59.45 197.08 51.20 11.77
Major Exporters 3/ 7.29 68.59 0.03 25.47 43.28 7.16
Argentina 3.34 27.93 0.00 3.00 25.35 2.92
Brazil 3.32 34.50 0.02 17.71 16.06 4.06
India 0.63 6.16 0.01 4.77 1.86 0.18
Major Importers 4/ 1.90 20.48 38.62 58.96 0.66 1.38
European Union 0.49 11.81 18.35 30.04 0.40 0.21
Mexico 0.04 4.15 1.82 5.95 0.02 0.04
Southeast Asia 5/ 1.28 2.70 16.72 19.42 0.25 1.04

2018/19 Est.
World 2/ 12.27 234.81 63.25 231.37 67.24 11.72
World Less China 12.27 167.49 63.23 165.01 66.27 11.72
United States 0.50 44.31 0.64 32.57 12.47 0.41
Total Foreign 11.77 190.50 62.62 198.80 54.77 11.31
Major Exporters 3/ 7.16 72.50 0.04 26.80 46.65 6.26
Argentina 2.92 31.15 0.00 3.19 28.20 2.69
Brazil 4.06 33.50 0.03 18.13 16.10 3.36
India 0.18 7.85 0.02 5.48 2.35 0.21
Major Importers 4/ 1.38 22.31 39.22 60.81 0.58 1.52
European Union 0.21 12.88 18.30 30.79 0.35 0.25
Mexico 0.04 4.35 2.00 6.33 0.02 0.05
Southeast Asia 5/ 1.04 3.28 17.15 20.12 0.22 1.13

2019/20 Proj.
World 2/
Aug 11.75 240.64 64.39 236.86 68.32 11.61
Sep 11.72 239.96 65.34 236.98 68.18 11.85
World Less China
Aug 11.75 173.32 64.34 170.39 67.42 11.61
Sep 11.72 172.64 65.29 170.51 67.28 11.85
United States
Aug 0.41 45.04 0.45 33.11 12.43 0.36
Sep 0.41 45.04 0.45 33.11 12.43 0.36
Total Foreign
Aug 11.35 195.60 63.93 203.75 55.89 11.24
Sep 11.31 194.92 64.88 203.87 55.75 11.49
Major Exporters 3/
Aug 6.32 75.55 0.04 28.10 47.55 6.26
Sep 6.26 75.71 0.04 28.15 47.60 6.26
Argentina
Aug 2.69 34.00 0.00 3.40 30.50 2.79
Sep 2.69 34.00 0.00 3.40 30.50 2.79
Brazil
Aug 3.36 33.95 0.03 18.95 15.20 3.19
Sep 3.36 33.95 0.03 18.95 15.20 3.19
India
Aug 0.28 7.60 0.02 5.75 1.85 0.29
Sep 0.21 7.76 0.02 5.80 1.90 0.29
Major Importers 4/
Aug 1.67 22.71 40.23 62.20 0.60 1.81
Sep 1.52 22.63 40.23 62.05 0.60 1.73
European Union
Aug 0.40 12.64 19.00 31.34 0.35 0.35
Sep 0.25 12.56 19.00 31.19 0.35 0.27
Mexico
Aug 0.05 4.70 2.13 6.75 0.02 0.12
Sep 0.05 4.70 2.13 6.75 0.02 0.12
Southeast Asia 5/
Aug 1.13 3.54 17.32 20.51 0.23 1.26
Sep 1.13 3.54 17.32 20.51 0.23 1.26
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