Japan's soybean meal import and consumption soared in October December last year

Introduction: the consumption of soybean meal in Japan has increased significantly over the past two months The government issued a ban on meat and bone meal, which came into effect in April 2001 As a result, the demand for plant protein increased sharply, and soybean meal was the biggest beneficiary In October, soybean meal imports reached a historical record of 173000 tons (54000 tons last year), including 74000 tons from China, 33000 tons from India and 59000 tons from the United States From October to December 2001, the total soybean meal imports reached 378000 tons (the previous year was 139000 tons) In addition, the import of fish meal from October to December also showed an increasing trend In December, soybean crushing was higher than expected, reaching 336000 tons, an increase of 5% over the previous year In 2001, the total amount of soybean pressing reached a historical record of 3.81 million tons (2% higher than the previous year) From October to December 2001, domestic soybean meal consumption soared to 1.14 million tons, a substantial increase of 27% over the previous year We have increased the forecast value of soybean meal crushing in 2001-02 (October September) to 4 million tons, much higher than the 3.5 million tons of the previous year In the first quarter of this year, the domestic consumption of 10 kinds of oil meal increased sharply to a record 1.97 million tons At present, the annual consumption is estimated to reach a new record of 7.33 million tons, a significant increase of 540000 tons over the previous year.