Cereals and Oilseeds: world balance sheet

Geographical Areas/Country: Product:

SOYBEAN MEAL Balance Sheet
Ktons 2021-22 2022-23 2023-24 2024-25 2025-26 (e) 2026-27 (f) ± from 25-26 ± from 24-25
Production 247.994 248.385 259.859 281.754 293.939 302.404 +2,9% +7,3%
Import 67.108 63.272 69.541 77.733 82.280 86.090 +4,6% +10,8%
Initial Stocks 16.071 16.523 14.157 14.305 18.063 19.252 +6,6% +34,6%
Total Supply 331.173 328.180 343.557 373.792 394.282 407.746 +3,4% +9,1%
Export 68.840 67.066 74.223 82.888 86.978 90.053 +3,5% +8,6%
Domestic Consumptions 245.810 246.957 255.029 272.841 288.052 297.805 +3,4% +9,1%
Final Stocks 16.523 14.157 14.305 18.063 19.252 19.888 +3,3% +10,1%
Total demand 331.173 328.180 343.557 373.792 394.282 407.746 +3,4% +9,1%
Last update: 2026-10-10
e: estimated, f: forecast
Source: USDA