China soybeans 2019-20

With China the world’s top soybean importer, by a distance, expectations for its needs have a huge impact on the world market.

Agrimoney draws together estimates from a range of commentators for purchases in 2019-20

Forecasts for 2020-21 season can be found by clicking here

Estimates for Chinese soybean production and imports for 2019-20
	Planted area (m hectares)	Production (m tonnes)	Consumption (m tonnes)	Imports (m tonnes)	Ending stocks (m tonnes)	Date of estimate
USDA Attaché	9.0	17.3	109.3	98.533	25.898	March 15 2021
USDA Wasde	9.30	18.1	109.2	98.53	26.8	March 9 2021
IGC		18.1	111.0	101.2	29.1	February 25 2021
USDA Wasde	9.30	18.1	109.2	98.53	26.8	February 9 2021
IGC		18.1	110.8	101.0	29.1	January 14 2021
USDA Wasde	9.30	18.1	109.2	98.53	26.8	January 12 2021
Oil World				101-102**		December 8 2020
IGC		18.1	110.8	101.0	29.1	November 26 2020
USDA Wasde	9.30	18.1	109.2	98.53	26.8	November 9 2020
USDA attache	9.0	17.0	108.0	98.5	27.355	November 2 2020
IGC		18.1	109.8	100.5	29.5	October 29 2020
USDA Wasde	9.30	18.1	109.2	97.4	25.66	October 9 2020
China ag ministry Casde	9.35	18.10	108.60	96.00		September 13 2020
USDA Wasde	9.30	18.1	108.2	98.0	27.26	September 11 2020
USDA attache	9.00	17.00	107.30	95.00	24.535	September 1 2020
USDA Wasde	9.30	18.1	108.2	98	27.26	August 12 2020
China ag ministry Casde	9.35	18.10	108.60	96.00		August 12 2020
IGC		18.1	107.5	95.3	26.5	July 23 2020
USDA Wasde		18.1	106.2	96	17.25	July 10 2020
China ag ministry Casde	9.35	18.10	107.10	94.00		July 10 2020
USDA attache	9.00	17.0	105.0	90.0	21.835	June 29 2020
USDA Wasde	9.300	18.1	105.2	94	26.24	June 11 2020
IGC		18.1	106.5	91.5	23.1	May 28 2020
USDA Wasde	9.30	18.10	104.20	92.00	1.63*	May 12 2020
China ag ministry Casde	9.35	18.10	107.10	91.00	1.85*	May 12 2020
JP Morgan				90		May 4 2020
China ag ministry				92.48**		April 21 2020
Platts				"up to 90"		April 21 2020
USDA Wasde		18.10	103.70	89	22.37	April 9 2020
IGC		18.1	105.1	88.8	19.8	March 26 2020
USDA Attache	9	17	99.8	84	21	March 15 2020
China ag ministry Casde	9.35	18.10	105.51	87.68	-0.12*	March 10 2020
IGC		18.1	105.1	88.8	19.7	February 27 2020
Rabobank				86-87		February 27 2020
USDA Wasde		18.10	103.70	88	21.73	February 11 2020
USDA Wasde	9.30	18.10	102.70	85.00	19.73	January 10 2020
Fitch Solutions		16.96	104			January 10 2020
S&P Global Platts Analytics				"up to 90"		January 9 2020
USDA Wasde		18.10	102.20	84.50	20.16	November 8 2019
China ag ministry Casde	9.35	18.10	105.51	87.68	-0.12*	December 10 2019
China’s national statistics bureau		18.1				December 6 2019
IGC		17.2	104.2	88	18.6	November 21 2019
Rabobank				87		November 20 2019
USDA Wasde		17.10	102.20	85.00	19.16	November 8 2019
China ag ministry Casde	9.07	17.23	104.85	86.20	-1.57*	November 8 2019
USDA attache	9.00	17.00		80.00	18.836	October 4 2019
USDA Wasde	9.10	17.10	102.70	85.00	19.019	September 12 2019
China ag ministry Casde	9.07	17.23		84.00	-1.77*	September 12 2019
USDA attache	9.00	17.10		80.00	18.279	September 4 2019
USDA Wasde	9.07	17.00		85.00	21.57	August 12 2019
CNGOIC				87		August 6 2019
USDA attache	9.00	17.10		80.00	18.324	July 30 2019
China ag ministry Casde	9.07	17.27		84.90	-1.63*	July 11 2019
USDA attache	8.85	16.80		83.0	21.024	July 2 2019
USDA Wasde	9.07	17.00		87.00	21.37	June 11 2019
China ag ministry Casde	9.07	17.27		84.9	-1.54*	May 10 2019
CNGOIC				89		May 7 2019
USDA attache	8.70	16.40		83.00	20.824	May 5 2019
USDA attache	8.70	16.40		91.50	22.624	March 23 2019
= forecast change in stocks year on year *= for calendar 2020