WASDE - 643 - 8 December 2023
World and U.S. Supply and Use for Grains 1/
Million Metric Tons
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use 3/ Stocks
================================================================================
World
Total Grains 4/
2021/22 2794.86 3589.79 513.49 2796.87 792.92
2022/23 (Est.) 2750.08 3543.00 495.80 2768.92 774.08
2023/24 (Proj.)
Nov 2799.08 3572.40 495.98 2805.18 767.23
Dec 2803.06 3577.14 499.61 2809.63 767.51
Wheat
2021/22 780.01 1064.44 202.76 792.13 272.31
2022/23 (Est.) 789.66 1061.97 220.48 792.12 269.85
2023/24 (Proj.)
Nov 781.98 1051.53 205.01 792.84 258.69
Dec 783.01 1052.86 207.19 794.66 258.20
Coarse Grains 5/
2021/22 1501.77 1824.78 253.83 1486.93 337.86
2022/23 (Est.) 1447.44 1785.30 221.27 1455.81 329.49
2023/24 (Proj.)
Nov 1499.31 1828.30 238.30 1487.17 341.12
Dec 1501.99 1831.48 240.45 1489.93 341.55
Rice, milled
2021/22 513.08 700.56 56.90 517.81 182.75
2022/23 (Est.) 512.98 695.73 54.05 520.99 174.74
2023/24 (Proj.)
Nov 517.80 692.58 52.68 525.16 167.42
Dec 518.07 692.81 51.97 525.05 167.76
United States
Total Grains 4/
2021/22 448.60 513.41 94.82 360.73 57.85
2022/23 (Est.) 408.09 473.78 67.73 352.26 53.78
2023/24 (Proj.)
Nov 456.55 518.21 80.18 360.62 77.41
Dec 456.55 518.26 81.49 360.64 76.13
Wheat
2021/22 44.80 70.42 21.66 29.76 19.01
2022/23 (Est.) 44.90 67.22 20.65 30.75 15.83
2023/24 (Proj.)
Nov 49.31 69.09 19.05 31.43 18.60
Dec 49.31 69.09 19.73 31.43 17.92
Coarse Grains 5/
2021/22 397.71 434.32 70.52 326.22 37.58
2022/23 (Est.) 358.10 398.94 45.04 316.90 37.00
2023/24 (Proj.)
Nov 400.26 439.94 58.40 324.04 57.51
Dec 400.26 439.97 59.03 324.06 56.88
Rice, milled
2021/22 6.08 8.67 2.65 4.76 1.26
2022/23 (Est.) 5.09 7.62 2.04 4.62 0.96
2023/24 (Proj.)
Nov 6.98 9.17 2.73 5.14 1.30
Dec 6.98 9.21 2.73 5.14 1.33
================================================================================
WASDE - 643 - 9 December 2023
World and U.S. Supply and Use for Grains, Continued 1/
Million Metric Tons
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use Stocks
================================================================================
Foreign 3/
Total Grains 4/
2021/22 2346.27 3076.38 418.66 2436.14 735.06
2022/23 (Est.) 2341.99 3069.22 428.07 2416.65 720.30
2023/24 (Proj.)
Nov 2342.53 3054.20 415.81 2444.56 689.82
Dec 2346.51 3058.88 418.11 2448.99 691.38
Wheat
2021/22 735.21 994.02 181.11 762.37 253.30
2022/23 (Est.) 744.76 994.74 199.83 761.37 254.02
2023/24 (Proj.)
Nov 732.67 982.44 185.96 761.41 240.08
Dec 733.69 983.77 187.46 763.22 240.28
Coarse Grains 5/
2021/22 1104.06 1390.47 183.31 1160.71 300.27
2022/23 (Est.) 1089.34 1386.36 176.23 1138.91 292.50
2023/24 (Proj.)
Nov 1099.04 1388.35 179.90 1163.13 283.61
Dec 1101.72 1391.51 181.42 1165.87 284.67
Rice, milled
2021/22 507.00 691.89 54.25 513.06 181.49
2022/23 (Est.) 507.89 688.11 52.01 516.37 173.78
2023/24 (Proj.)
Nov 510.82 683.41 49.95 520.02 166.12
Dec 511.09 683.60 49.24 519.90 166.43
================================================================================
World and U.S. Supply and Use for Cotton 1/
Million 480-lb. Bales
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use 3/ Stocks
================================================================================
World
2021/22 114.55 192.20 43.20 116.23 76.34
2022/23 (Est.) 116.64 192.97 37.03 111.52 82.83
2023/24 (Proj.)
Nov 113.46 196.50 43.31 115.30 81.50
Dec 112.92 195.75 43.15 113.73 82.40
United States
2021/22 17.52 20.68 14.48 2.55 4.05
2022/23 (Est.) 14.47 18.52 12.77 2.05 4.25
2023/24 (Proj.)
Nov 13.09 17.35 12.20 2.05 3.20
Dec 12.78 17.03 12.20 1.90 3.10
Foreign 4/
2021/22 97.03 171.52 28.71 113.68 72.29
2022/23 (Est.) 102.17 174.45 24.26 109.47 78.58
2023/24 (Proj.)
Nov 100.37 179.15 31.11 113.25 78.30
Dec 100.14 178.72 30.95 111.83 79.30
================================================================================
WASDE - 643 - 10 December 2023
World and U.S. Supply and Use for Oilseeds 1/
(Million Metric Tons)
================================================================================
Total Total Ending
Commodity Output Supply Trade Use 2/ Stocks
================================================================================
World
Oilseeds
2021/22 611.68 727.70 179.42 510.24 117.36
2022/23 (Est.) 633.52 750.88 201.84 523.42 120.22
2023/24 (Proj.)
Nov 661.46 780.08 194.57 542.18 131.38
Dec 660.99 781.21 196.80 542.48 131.69
Oilmeals
2021/22 349.58 369.85 96.30 346.99 20.55
2022/23 (Est.) 356.43 376.98 96.61 355.58 17.73
2023/24 (Proj.)
Nov 370.21 387.91 100.46 363.96 20.12
Dec 370.41 388.14 100.73 364.20 20.03
Vegetable Oils
2021/22 207.83 236.60 79.56 202.46 29.13
2022/23 (Est.) 217.21 246.34 88.15 210.94 30.89
2023/24 (Proj.)
Nov 223.49 254.27 89.84 218.92 30.34
Dec 223.60 254.49 89.82 218.75 30.70
United States
Oilseeds
2021/22 131.35 141.17 59.55 63.87 9.14
2022/23 (Est.) 125.75 136.42 55.12 64.35 8.96
2023/24 (Proj.)
Nov 121.54 132.02 48.77 66.69 8.24
Dec 121.45 131.93 48.78 66.68 8.25
Oilmeals
2021/22 49.27 53.23 12.46 40.42 0.35
2022/23 (Est.) 50.05 54.70 13.52 40.77 0.41
2023/24 (Proj.)
Nov 51.49 56.13 14.11 41.58 0.44
Dec 51.49 56.13 14.11 41.58 0.44
Vegetable Oils
2021/22 13.06 19.62 1.05 17.30 1.27
2022/23 (Est.) 13.27 20.81 0.33 19.36 1.12
2023/24 (Proj.)
Nov 13.61 21.31 0.33 19.88 1.10
Dec 13.58 21.32 0.33 19.89 1.10
Foreign 3/
Oilseeds
2021/22 480.33 586.53 119.87 446.37 108.22
2022/23 (Est.) 507.77 614.46 146.73 459.07 111.26
2023/24 (Proj.)
Nov 539.92 648.06 145.81 475.49 123.14
Dec 539.54 649.28 148.02 475.80 123.45
Oilmeals
2021/22 300.31 316.62 83.85 306.57 20.20
2022/23 (Est.) 306.38 322.28 83.09 314.81 17.31
2023/24 (Proj.)
Nov 318.72 331.78 86.36 322.38 19.68
Dec 318.92 332.00 86.62 322.62 19.59
Vegetable Oils
2021/22 194.77 216.98 78.52 185.16 27.86
2022/23 (Est.) 203.94 225.53 87.81 191.58 29.77
2023/24 (Proj.)
Nov 209.87 232.96 89.51 199.03 29.24
Dec 210.02 233.16 89.49 198.85 29.60
================================================================================
WASDE - 643 - 11 December 2023
U.S. Wheat Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Acres
Area Planted 46.7 45.7 49.6 49.6
Area Harvested 37.1 35.5 37.3 37.3
Bushels
Yield per Harvested Acre 44.3 46.5 48.6 48.6
Million Bushels
Beginning Stocks 845 698 582 582
Production 1646 1650 1812 1812
Imports 96 122 145 145
Supply, Total 2588 2470 2539 2539
Food 971 973 970 970
Seed 58 68 65 65
Feed and Residual 64 89 120 120
Domestic, Total 1093 1130 1155 1155
Exports 796 759 700 725
Use, Total 1889 1888 1855 1880
Ending Stocks 698 582 684 659
Avg.FarmPrice ($/bu) 2/ 7.63 8.83 7.20 7.30
================================================================================
U.S. Wheat by Class: Supply and Use
================================================================================
Year begining Hard Red Hard Red Soft Red
June 1 Winter Spring Winter White Durum Total
================================================================================
Million Bushels
2022/23 (Est.)
Beginning Stocks 376 146 99 54 24 698
Production 531 446 336 272 64 1650
Imports 5 56 4 7 51 122
Supply, Total 3/ 911 648 439 333 139 2470
Food 374 266 163 85 85 973
Seed 29 17 14 6 3 68
Feed and Residual 51 -7 65 -20 0 89
Domestic Use 453 276 242 70 88 1130
Exports 224 214 107 190 23 759
Use, Total 678 490 349 261 111 1888
Ending Stocks, Total 234 158 90 72 28 582
2023/24 (Proj.)
Beginning Stocks 234 158 90 72 28 582
Production 601 468 449 235 59 1812
Imports 25 65 10 5 40 145
Supply, Total 3/ 860 691 549 312 127 2539
Food 378 260 164 85 83 970
Seed 27 18 12 6 2 65
Feed and Residual 30 10 80 0 0 120
Domestic Use 435 288 256 91 85 1155
Exports 145 225 175 155 25 725
Use, Total 580 513 431 246 110 1880
Ending Stocks, Total
Dec 280 178 118 66 17 659
Nov 280 178 148 61 17 684
================================================================================
WASDE - 643 - 12 December 2023
U.S. Feed Grain and Corn Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Acres
FEED GRAINS
Area Planted 105.8 100.5 107.7 107.7
Area Harvested 94.4 87.0 96.7 96.7
Metric Tons
Yield per Harvested Acre 4.21 4.11 4.13 4.13
Million Metric Tons
Beginning Stocks 34.0 37.6 37.0 37.0
Production 397.5 357.8 400.0 400.0
Imports 2.3 2.9 2.4 2.4
Supply, Total 433.8 398.3 439.4 439.4
Feed and Residual 148.7 144.2 147.0 147.0
Food, Seed & Industrial 177.0 172.1 176.5 176.5
Domestic, Total 325.7 316.3 323.5 323.5
Exports 70.5 45.0 58.4 59.0
Use, Total 396.2 361.3 381.9 382.5
Ending Stocks 37.6 37.0 57.5 56.9
Million Acres
CORN
Area Planted 93.3 88.6 94.9 94.9
Area Harvested 85.3 79.1 87.1 87.1
Bushels
Yield per Harvested Acre 176.7 173.4 174.9 174.9
Million Bushels
Beginning Stocks 1235 1377 1361 1361
Production 15074 13715 15234 15234
Imports 24 39 25 25
Supply, Total 16333 15130 16621 16621
Feed and Residual 5726 5549 5650 5650
Food,Seed& Industrial 2/ 6757 6558 6740 6740
Ethanol & by-products 3/ 5320 5176 5325 5325
Domestic, Total 12483 12108 12390 12390
Exports 2472 1661 2075 2100
Use, Total 14956 13769 14465 14490
Ending Stocks 1377 1361 2156 2131
Avg.FarmPrice ($/bu) 4/ 6.00 6.54 4.85 4.85
================================================================================
WASDE - 643 - 13 December 2023
U.S. Sorghum, Barley, and Oats Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Bushels
SORGHUM
AreaPlanted (mil. acres) 7.3 6.3 7.2 7.2
AreaHarvested(mil.acres) 6.5 4.6 6.3 6.3
Yield (bushels/acre) 69.0 41.1 51.4 51.4
Beginning Stocks 20 47 24 24
Production 448 188 322 322
Imports 0 0 0 0
Supply, Total 468 235 346 346
Feed and Residual 80 43 45 45
Food, Seed & Industrial 45 59 55 55
Total Domestic 125 102 100 100
Exports 296 109 220 220
Use, Total 421 211 320 320
Ending Stocks 47 24 26 26
Avg.FarmPrice ($/bu) 2/ 5.94 5.94 4.85 4.85
BARLEY
AreaPlanted (mil. acres) 2.7 3.0 3.1 3.1
AreaHarvested(mil.acres) 2.0 2.4 2.6 2.6
Yield (bushels/acre) 60.3 71.6 72.4 72.4
Beginning Stocks 71 42 58 58
Production 120 175 185 185
Imports 15 24 14 14
Supply, Total 206 241 257 257
Feed and Residual 17 49 60 60
Food, Seed & Industrial 139 131 125 125
Total Domestic 157 181 185 185
Exports 7 2 3 3
Use, Total 164 183 188 188
Ending Stocks 42 58 69 69
Avg.FarmPrice ($/bu) 2/ 5.31 7.40 7.20 7.40
OATS
AreaPlanted (mil. acres) 2.6 2.6 2.6 2.6
AreaHarvested(mil.acres) 0.7 0.9 0.8 0.8
Yield (bushels/acre) 61.3 64.8 68.6 68.6
Beginning Stocks 38 33 35 35
Production 40 58 57 57
Imports 81 84 85 85
Supply, Total 159 174 177 177
Feed and Residual 44 57 55 55
Food, Seed & Industrial 79 81 81 81
Total Domestic 124 138 136 136
Exports 3 2 2 2
Use, Total 126 140 138 138
Ending Stocks 33 35 39 39
Avg.FarmPrice ($/bu) 2/ 4.55 4.57 3.50 3.60
================================================================================
WASDE - 643 - 14 December 2023
U.S. Rice Supply and Use 1/
(Rough Equivalent of Rough and Milled Rice)
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Acres
TOTAL RICE
Area Planted 2.53 2.22 2.90 2.90
Area Harvested 2.49 2.17 2.85 2.85
Pounds
Yield per Harvested Acre 7709 7383 7707 7707
Million Hundredweight
Beginning Stocks 2/ 43.7 39.7 30.3 30.3
Production 191.6 160.4 219.7 219.7
Imports 37.8 39.9 39.0 40.0
Supply, Total 273.0 240.0 288.9 289.9
Domestic & Residual 3/ 149.8 145.4 162.0 162.0
Exports, Total 4/ 83.5 64.3 86.0 86.0
Rough 28.2 18.1 27.0 29.0
Milled (rough equiv.) 55.3 46.2 59.0 57.0
Use, Total 233.3 209.7 248.0 248.0
Ending Stocks 39.7 30.3 40.9 41.9
Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00
Avg.FarmPrice($/cwt) 6/ 16.10 19.20 17.30 17.80
LONG GRAIN RICE
Harvested Acres (mil.) 1.94 1.77
Yield (pounds/acre) 7471 7224
Beginning Stocks 29.7 24.6 21.2 21.2
Imports 30.7 31.9 32.0 33.0
Production 144.6 128.2 152.1 152.1
Supply, Total 7/ 205.0 184.7 205.2 206.2
Domestic & Residual 3/ 118.3 113.7 124.0 124.0
Exports 8/ 62.0 49.8 59.0 61.0
Use, Total 180.3 163.5 183.0 185.0
Ending Stocks 24.6 21.2 22.2 21.2
Avg.FarmPrice($/cwt) 6/ 13.60 16.70 15.50 16.00
MEDIUM & SHORT GRAIN RICE
Harvested Acres (mil.) 0.55 0.40
Yield (pounds/acre) 8549 8094
Beginning Stocks 11.5 13.0 6.8 6.8
Imports 7.1 8.0 7.0 7.0
Production 47.0 32.2 67.6 67.6
Supply, Total 7/ 66.0 53.0 81.4 81.4
Domestic & Residual 3/ 31.5 31.7 38.0 38.0
Exports 8/ 21.5 14.5 27.0 25.0
Use, Total 53.0 46.2 65.0 63.0
Ending Stocks 13.0 6.8 16.4 18.4
Avg. Farm Price ($/cwt) 1/ 6/
9/ 26.40 29.40 23.00 23.30
California 10/ 31.90 36.00 26.00 26.00
Other States 1/ 13.90 18.20 16.50 17.50
================================================================================
WASDE - 643 - 15 December 2023
U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Acres
SOYBEANS
Area Planted 87.2 87.5 83.6 83.6
Area Harvested 86.3 86.2 82.8 82.8
Bushels
Yield per Harvested Acre 51.7 49.6 49.9 49.9
Million Bushels
Beginning Stocks 257 274 268 268
Production 4465 4270 4129 4129
Imports 16 25 30 30
Supply, Total 4738 4569 4428 4428
Crushings 2204 2212 2300 2300
Exports 2152 1992 1755 1755
Seed 102 97 101 101
Residual 6 0 26 26
Use, Total 4464 4301 4182 4182
Ending Stocks 274 268 245 245
Avg.FarmPrice ($/bu) 2/ 13.30 14.20 12.90 12.90
Million Pounds
SOYBEAN OIL
Beginning Stocks 2131 1991 1602 1602
Production 4/ 26155 26227 27025 27025
Imports 303 376 400 400
Supply, Total 28589 28594 29027 29027
Domestic Disappearance 24827 26614 27100 27100
Biofuel 3/ 10379 12491 12800 12800
Food, Feed & other
Industrial 14449 14123 14300 14300
Exports 1771 378 350 350
Use, Total 26598 26992 27450 27450
Ending stocks 1991 1602 1577 1577
Avg. Price (c/lb) 2/ 72.98 65.26 61.00 57.00
Thousand Short Tons
SOYBEAN MEAL
Beginning Stocks 341 311 371 371
Production 4/ 51814 52493 54154 54154
Imports 655 632 600 600
Supply, Total 52810 53436 55125 55125
Domestic Disappearance 38959 38402 39425 39425
Exports 13540 14664 15300 15300
Use, Total 52499 53065 54725 54725
Ending Stocks 311 371 400 400
Avg. Price ($/s.t.) 2/ 439.81 451.91 380.00 390.00
================================================================================
WASDE - 643 - 16 December 2023
U.S. Sugar Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
1000 Short Tons, Raw Value
Beginning Stocks 1705 1820 1875 1855
Production 2/ 9157 9248 9229 9243
Beet Sugar 5155 5187 5363 5363
Cane Sugar 4002 4061 3866 3880
Florida 1934 1983 2037 2037
Louisiana 1944 2001 1787 1799
Texas 124 76 42 44
Imports 3646 3614 3130 3256
TRQ 3/ 1579 1862 1457 1620
Other Program 4/ 298 141 200 200
Non-program 1769 1611 1474 1436
Mexico 1379 1156 1199 971
High-tier tariff/other 390 455 275 465
Total Supply 14508 14683 14234 14354
Exports 29 82 35 100
Deliveries 12578 12589 12630 12630
Food 12470 12473 12525 12525
Other 5/ 107 116 105 105
Miscellaneous 81 156 0 0
Total Use 12688 12828 12665 12730
Ending Stocks 1820 1855 1569 1624
Stocks to Use Ratio 14.3 14.5 12.4 12.8
================================================================================
Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/
================================================================================
Supply Use
Fiscal Beginning Produc- Imports Domestic Exports Ending
Year Stocks tion 2/ Stocks
================================================================================
1000 Metric Tons, Actual Weight
Sugar
2022/23 Est.
Nov 964 5224 285 4627 1011 835
Dec 964 5224 285 4627 1011 835
2023/24 Proj.
Nov 835 5330 434 4648 1051 900
Dec 835 5283 286 4648 856 900
================================================================================
WASDE - 643 - 17 December 2023
U.S. Cotton Supply and Use 1/
================================================================================
2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj.
Item Nov Dec
================================================================================
Million Acres
Planted 11.22 13.76 10.23 10.23
Harvested 10.27 7.31 8.02 8.02
Pounds
Yield per Harvested
Acre 819 950 783 765
Million 480 Pound Bales
Beginning Stocks 3.15 4.05 4.25 4.25
Production 17.52 14.47 13.09 12.78
Imports 0.01 0.00 0.01 0.01
Supply, Total 20.68 18.52 17.35 17.03
Domestic Use 2.55 2.05 2.05 1.90
Exports, Total 14.48 12.77 12.20 12.20
Use, Total 17.03 14.82 14.25 14.10
Unaccounted 2/ -0.40 -0.55 -0.11 -0.17
Ending Stocks 4.05 4.25 3.20 3.10
Avg. Farm Price 3/ 91.4 84.8 77.0 77.0
================================================================================
WASDE - 643 - 18 December 2023
World Wheat Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2021/22
World 3/ 284.43 780.01 199.93 161.12 792.13 202.76 272.31
World Less China 145.31 643.07 190.36 126.12 644.13 201.89 135.55
United States 23.00 44.80 2.62 1.75 29.76 21.66 19.01
Total Foreign 261.43 735.21 197.31 159.38 762.37 181.11 253.30
Major Exporters 4/ 34.88 327.13 5.79 78.40 185.70 142.40 39.71
Argentina 2.32 22.15 0.00 0.25 6.55 16.00 1.93
Australia 3.02 36.24 0.21 5.00 8.50 27.51 3.45
Canada 5.95 22.42 0.55 5.15 10.15 15.12 3.66
European Union 5/ 10.70 138.16 4.63 45.00 108.25 31.93 13.31
Russia 11.38 75.16 0.30 18.50 41.75 33.00 12.09
Ukraine 1.51 33.01 0.10 4.50 10.50 18.84 5.27
Major Importers 6/ 177.63 204.00 130.32 54.87 323.93 15.28 172.74
Bangladesh 2.14 1.09 6.34 0.55 8.25 0.00 1.31
Brazil 1.91 7.70 6.39 0.45 11.75 3.07 1.18
China 139.12 136.95 9.57 35.00 148.00 0.88 136.76
Japan 1.04 1.13 5.61 0.75 6.30 0.30 1.18
N. Africa 7/ 12.42 21.27 26.61 1.87 47.02 0.41 12.88
Nigeria 0.79 0.09 6.19 0.05 5.85 0.60 0.62
Sel. Mideast 8/ 10.23 16.47 22.76 3.88 38.87 0.75 9.84
Southeast Asia 9/ 4.45 0.00 27.02 8.50 25.63 1.20 4.64
Selected Other
India 27.80 109.59 0.03 7.00 109.88 8.03 19.50
Kazakhstan 1.48 11.81 2.50 1.35 6.20 8.10 1.49
United Kingdom 1.42 13.99 2.64 7.32 15.32 0.87 1.85
2022/23 Est.
World 3/ 272.31 789.66 211.74 154.81 792.12 220.48 269.85
World Less China 135.55 651.93 198.46 121.81 644.12 219.53 131.03
United States 19.01 44.90 3.32 2.42 30.75 20.65 15.83
Total Foreign 253.30 744.76 208.42 152.39 761.37 199.83 254.02
Major Exporters 4/ 39.71 335.12 13.22 75.12 182.52 161.12 44.40
Argentina 1.93 12.55 0.01 0.05 6.55 4.00 3.93
Australia 3.45 40.55 0.20 4.50 8.00 31.82 4.37
Canada 3.66 34.34 0.55 4.17 9.32 25.59 3.64
European Union 5/ 13.31 134.19 12.10 44.00 108.00 35.08 16.52
Russia 12.09 92.00 0.30 19.00 42.25 47.50 14.64
Ukraine 5.27 21.50 0.06 3.40 8.40 17.12 1.30
Major Importers 6/ 172.74 205.95 133.41 50.74 320.55 15.13 176.41
Bangladesh 1.31 1.10 5.12 0.20 6.70 0.00 0.83
Brazil 1.18 10.60 4.68 0.55 11.95 2.69 1.82
China 136.76 137.72 13.28 33.00 148.00 0.95 138.82
Japan 1.18 1.04 5.45 0.75 6.25 0.29 1.13
N. Africa 7/ 12.88 17.33 29.12 1.67 46.42 0.77 12.14
Nigeria 0.62 0.11 4.73 0.00 4.70 0.40 0.36
Sel. Mideast 8/ 9.84 17.19 24.66 3.68 39.78 0.65 11.25
Southeast Asia 9/ 4.64 0.00 24.54 7.40 24.15 1.28 3.75
Selected Other
India 19.50 104.00 0.05 6.50 108.68 5.38 9.50
Kazakhstan 1.49 16.40 3.00 1.80 6.75 10.87 3.27
United Kingdom 1.85 15.54 2.02 7.00 15.00 1.91 2.50
================================================================================
WASDE - 643 - 19 December 2023
World Wheat Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24 Proj.
World 3/
Nov 269.55 781.98 204.70 157.79 792.84 205.01 258.69
Dec 269.85 783.01 206.73 158.89 794.66 207.19 258.20
World Less China
Nov 130.73 644.98 192.70 120.79 639.84 204.11 124.77
Dec 131.03 646.01 194.23 121.89 641.16 206.29 124.28
United States
Nov 15.83 49.31 3.95 3.27 31.43 19.05 18.60
Dec 15.83 49.31 3.95 3.27 31.43 19.73 17.92
Total Foreign
Nov 253.72 732.67 200.76 154.53 761.41 185.96 240.08
Dec 254.02 733.69 202.78 155.62 763.22 187.46 240.28
Major Exporters 4/
Nov 43.56 317.30 8.68 75.75 183.05 150.00 36.49
Dec 44.40 319.25 9.68 76.25 183.55 152.00 37.79
Argentina
Nov 3.93 15.00 0.00 0.05 6.55 10.00 2.38
Dec 3.93 15.00 0.00 0.05 6.55 10.00 2.38
Australia
Nov 3.51 24.50 0.20 4.00 7.50 17.50 3.21
Dec 4.37 25.50 0.20 4.00 7.50 18.50 4.07
Canada
Nov 3.66 31.00 0.60 3.50 8.70 23.00 3.56
Dec 3.64 31.95 0.60 3.50 8.70 23.50 4.00
European Union 5/
Nov 16.52 134.30 7.50 44.00 108.50 37.50 12.32
Dec 16.52 134.30 8.50 44.50 109.00 37.50 12.82
Russia
Nov 14.64 90.00 0.30 20.00 43.00 50.00 11.94
Dec 14.64 90.00 0.30 20.00 43.00 50.00 11.94
Ukraine
Nov 1.30 22.50 0.08 4.20 8.80 12.00 3.08
Dec 1.30 22.50 0.08 4.20 8.80 12.50 2.58
Major Importers 6/
Nov 176.52 207.65 130.82 54.32 326.83 16.95 171.22
Dec 176.41 206.64 131.92 54.87 327.98 16.45 170.55
Bangladesh
Nov 0.83 1.10 5.80 0.25 6.75 0.00 0.98
Dec 0.83 1.10 5.80 0.25 6.75 0.00 0.98
Brazil
Nov 1.82 9.40 5.60 0.80 12.30 3.00 1.52
Dec 1.82 8.40 5.60 0.80 12.20 2.50 1.12
China
Nov 138.82 137.00 12.00 37.00 153.00 0.90 133.92
Dec 138.82 137.00 12.50 37.00 153.50 0.90 133.92
Japan
Nov 1.13 1.12 5.50 0.65 6.25 0.30 1.20
Dec 1.13 1.12 5.50 0.65 6.25 0.30 1.20
N. Africa 7/
Nov 12.14 16.73 30.60 1.75 47.30 0.70 11.47
Dec 12.14 16.73 30.10 1.75 47.30 0.70 10.97
Nigeria
Nov 0.36 0.12 4.80 0.00 4.60 0.35 0.33
Dec 0.36 0.12 4.80 0.00 4.60 0.35 0.33
Sel. Mideast 8/
Nov 11.25 19.17 22.52 3.32 39.98 0.63 12.34
Dec 11.25 19.17 22.52 3.32 39.98 0.63 12.34
Southeast Asia 9/
Nov 3.68 0.00 24.30 6.75 23.60 1.12 3.26
Dec 3.75 0.00 25.20 7.10 24.15 1.12 3.68
India
Nov 9.50 110.55 0.10 5.50 108.65 0.50 11.00
Dec 9.50 110.55 0.10 5.50 108.65 0.50 11.00
Kazakhstan
Nov 3.27 12.00 2.00 1.00 5.95 10.00 1.32
Dec 3.27 12.00 2.00 1.00 5.95 10.00 1.32
United Kingdom
Nov 2.50 14.30 2.00 6.90 15.00 1.90 1.90
Dec 2.50 14.30 2.00 6.90 15.00 1.90 1.90
================================================================================
WASDE - 643 - 20 December 2023
World Coarse Grain Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2021/22
World 3/ 323.01 1501.77 230.11 907.49 1486.93 253.83 337.86
World Less China 115.56 1220.92 188.61 679.66 1166.90 253.82 128.08
United States 34.01 397.71 2.59 148.79 326.22 70.52 37.58
Total Foreign 289.00 1104.06 227.52 758.70 1160.71 183.31 300.27
Major Exporters 4/ 19.40 332.29 9.78 138.87 184.93 149.16 27.38
Argentina 2.05 58.64 0.01 12.02 17.84 40.22 2.63
Australia 2.98 19.22 0.00 5.89 7.76 10.83 3.61
Brazil 4.60 120.62 3.25 63.59 75.68 48.30 4.50
Canada 3.63 25.12 6.40 17.50 25.79 5.65 3.71
Russia 1.90 38.54 0.10 22.23 31.11 7.58 1.85
Ukraine 1.65 53.51 0.02 10.63 13.46 32.93 8.79
Major Importers 5/ 36.02 248.24 138.72 285.32 369.66 15.33 37.98
European Union 6/ 14.51 154.84 21.30 117.48 158.27 13.76 18.62
Japan 1.63 0.24 16.51 13.09 16.82 0.00 1.56
Mexico 3.60 32.79 18.56 31.05 50.77 0.25 3.93
N. Afr & Mideast 7/ 6.97 29.05 40.50 60.81 69.40 0.69 6.43
Saudi Arabia 1.33 0.15 8.28 8.02 8.35 0.00 1.41
Southeast Asia 8/ 5.22 30.90 17.31 41.11 49.48 0.64 3.31
South Korea 2.04 0.19 11.62 9.26 11.78 0.00 2.07
Selected Other
China 207.46 280.85 41.50 227.83 320.03 0.01 209.77
2022/23 Est.
World 3/ 337.86 1447.44 212.75 890.13 1455.81 221.27 329.49
World Less China 128.08 1161.94 180.13 660.18 1134.66 221.24 122.79
United States 37.58 358.10 3.25 144.31 316.90 45.04 37.00
Total Foreign 300.27 1089.34 209.49 745.83 1138.91 176.23 292.50
Major Exporters 4/ 27.38 327.28 4.43 135.80 183.46 146.96 28.67
Argentina 2.63 40.72 0.01 8.95 14.88 26.70 1.78
Australia 3.61 18.84 0.00 5.77 7.65 10.94 3.86
Brazil 4.50 141.60 1.95 66.55 80.19 57.02 10.84
Canada 3.71 30.54 2.18 17.11 24.76 7.95 3.72
Russia 1.85 44.13 0.10 23.68 33.15 10.62 2.32
Ukraine 8.79 33.93 0.02 6.70 9.17 29.92 3.65
Major Importers 5/ 37.98 229.87 136.09 273.75 356.66 13.08 34.20
European Union 6/ 18.62 133.04 25.46 111.61 151.33 11.11 14.68
Japan 1.56 0.25 16.45 13.11 16.80 0.00 1.45
Mexico 3.93 33.88 20.24 32.88 52.75 0.10 5.20
N. Afr & Mideast 7/ 6.43 31.39 33.04 55.78 63.80 1.07 6.00
Saudi Arabia 1.41 0.14 7.61 7.41 7.75 0.00 1.41
Southeast Asia 8/ 3.31 30.93 17.80 39.70 48.20 0.80 3.04
South Korea 2.07 0.16 11.23 9.04 11.55 0.00 1.91
Selected Other
China 209.77 285.50 32.62 229.95 321.15 0.04 206.70
================================================================================
WASDE - 643 - 21 December 2023
World Coarse Grain Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24 Proj.
World 3/
Nov 328.99 1499.31 228.22 914.12 1487.17 238.30 341.12
Dec 329.49 1501.99 230.64 916.91 1489.93 240.45 341.55
World Less China
Nov 122.29 1214.01 190.12 678.02 1159.82 238.27 138.39
Dec 122.79 1216.69 191.94 680.21 1161.98 240.42 138.82
United States
Nov 37.00 400.26 2.69 147.08 324.04 58.40 57.51
Dec 37.00 400.26 2.71 147.10 324.06 59.03 56.88
Total Foreign
Nov 291.99 1099.04 225.54 767.05 1163.14 179.90 283.61
Dec 292.50 1101.72 227.93 769.81 1165.87 181.42 284.67
Major Exporters 4/
Nov 28.61 333.04 5.11 139.71 189.31 150.35 27.10
Dec 28.67 336.08 5.14 140.66 190.20 151.65 28.05
Argentina
Nov 1.78 63.28 0.01 11.61 17.77 45.50 1.80
Dec 1.78 63.28 0.01 11.61 17.77 45.50 1.80
Australia
Nov 4.28 13.04 0.00 6.11 7.99 7.16 2.17
Dec 3.86 13.34 0.00 6.11 7.99 7.16 2.06
Brazil
Nov 10.81 134.33 1.70 68.28 83.31 55.03 8.50
Dec 10.84 134.33 1.70 68.28 83.31 55.03 8.53
Canada
Nov 3.72 26.38 3.25 16.54 24.39 5.88 3.08
Dec 3.72 27.16 3.25 16.81 24.75 6.18 3.19
Russia
Nov 2.32 42.20 0.10 22.25 31.55 11.31 1.77
Dec 2.32 43.20 0.10 22.95 32.25 11.31 2.07
Ukraine
Nov 3.16 36.42 0.02 7.51 10.09 22.07 7.45
Dec 3.65 37.42 0.02 7.51 9.94 23.07 8.09
Major Importers 5/
Nov 33.81 233.11 144.53 283.45 367.23 12.78 31.45
Dec 34.20 232.74 145.73 284.25 368.23 12.98 31.47
European Union 6/
Nov 14.67 136.13 26.68 112.62 152.86 10.59 14.02
Dec 14.68 136.56 26.68 112.92 153.16 10.69 14.05
Japan
Nov 1.45 0.25 17.01 13.34 17.24 0.00 1.47
Dec 1.45 0.25 17.01 13.34 17.24 0.00 1.47
Mexico
Nov 4.84 32.31 19.53 33.09 52.89 0.30 3.49
Dec 5.20 31.31 20.33 33.19 53.19 0.20 3.45
N. Afr & Mideast 7/
Nov 5.87 33.12 37.12 61.18 69.38 1.27 5.47
Dec 6.00 33.32 37.42 61.48 69.68 1.47 5.59
Saudi Arabia
Nov 1.41 0.15 8.81 8.62 8.96 0.00 1.41
Dec 1.41 0.15 8.81 8.62 8.96 0.00 1.41
Southeast Asia 8/
Nov 3.11 30.91 18.81 40.55 49.10 0.61 3.11
Dec 3.04 30.91 18.91 40.65 49.20 0.61 3.04
South Korea
Nov 1.91 0.16 11.91 9.54 12.03 0.00 1.95
Dec 1.91 0.16 11.91 9.54 12.03 0.00 1.95
China
Nov 206.70 285.30 38.10 236.10 327.35 0.03 202.73
Dec 206.70 285.30 38.70 236.70 327.95 0.03 202.73
================================================================================
WASDE - 643 - 22 December 2023
World Corn Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2021/22
World 3/ 292.95 1217.27 184.45 744.55 1199.70 206.59 310.51
World Less China 87.24 944.72 162.57 535.55 908.70 206.59 101.38
United States 31.36 382.89 0.62 145.46 317.09 62.80 34.98
Total Foreign 261.59 834.38 183.84 599.10 882.61 143.79 275.54
Major Exporters 4/ 9.04 238.99 2.67 93.66 116.66 117.60 16.45
Argentina 1.18 49.50 0.01 10.10 14.20 34.69 1.80
Brazil 4.15 116.00 2.60 59.50 70.50 48.28 3.97
Russia 0.75 15.23 0.05 10.00 11.10 4.00 0.93
South Africa 2.12 16.14 0.00 6.86 12.66 3.65 1.95
Ukraine 0.83 42.13 0.02 7.20 8.20 26.98 7.80
Major Importers 5/ 21.60 136.78 94.26 165.82 222.25 6.92 23.47
Egypt 1.36 7.44 9.76 14.50 17.00 0.00 1.56
European Union 6/ 7.83 71.55 19.74 60.00 81.70 6.03 11.39
Japan 1.39 0.01 15.00 11.70 15.04 0.00 1.36
Mexico 3.08 26.76 17.57 25.80 44.00 0.25 3.16
Southeast Asia 7/ 5.21 30.85 16.13 40.10 48.25 0.64 3.30
South Korea 2.02 0.09 11.51 9.22 11.56 0.00 2.06
Selected Other
Canada 2.17 14.61 6.14 12.17 17.98 2.19 2.75
China 205.70 272.55 21.88 209.00 291.00 0.00 209.14
2022/23 Est.
World 3/ 310.51 1157.24 172.14 729.99 1167.66 180.98 300.10
World Less China 101.38 880.04 153.43 511.99 868.66 180.97 94.06
United States 34.98 348.37 0.98 140.96 307.55 42.20 34.58
Total Foreign 275.54 808.87 171.16 589.03 860.10 138.79 265.52
Major Exporters 4/ 16.45 230.93 1.38 89.80 114.60 116.82 17.34
Argentina 1.80 34.00 0.01 7.50 11.70 23.00 1.11
Brazil 3.97 137.00 1.30 62.50 75.00 57.00 10.27
Russia 0.93 15.83 0.05 8.90 10.00 5.90 0.91
South Africa 1.95 17.10 0.00 6.90 13.00 3.80 2.25
Ukraine 7.80 27.00 0.02 4.00 4.90 27.12 2.80
Major Importers 5/ 23.47 118.98 95.19 156.95 212.55 5.11 19.99
Egypt 1.56 7.44 6.22 11.20 13.70 0.00 1.51
European Union 6/ 11.39 52.40 23.15 55.00 75.50 4.21 7.23
Japan 1.36 0.01 14.93 11.70 15.00 0.00 1.30
Mexico 3.16 28.08 19.36 27.50 46.00 0.10 4.50
Southeast Asia 7/ 3.30 30.88 16.25 38.35 46.60 0.80 3.03
South Korea 2.06 0.09 11.10 9.00 11.35 0.00 1.90
Selected Other
Canada 2.75 14.54 2.13 9.58 14.93 2.86 1.63
China 209.14 277.20 18.71 218.00 299.00 0.01 206.04
================================================================================
WASDE - 643 - 23 December 2023
World Corn Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24 Proj.
World 3/
Nov 299.22 1220.79 189.87 759.78 1205.03 199.62 314.99
Dec 300.10 1222.07 191.53 761.30 1206.95 201.46 315.22
World Less China
Nov 93.18 943.79 166.87 536.78 901.03 199.60 112.97
Dec 94.06 945.07 168.53 538.30 902.95 201.44 113.20
United States
Nov 34.58 386.97 0.64 143.52 314.72 52.71 54.75
Dec 34.58 386.97 0.64 143.52 314.72 53.34 54.12
Total Foreign
Nov 264.64 833.83 189.24 616.26 890.31 146.92 260.23
Dec 265.52 835.10 190.89 617.78 892.23 148.12 261.10
Major Exporters 4/
Nov 16.95 246.30 1.28 94.90 121.60 124.70 18.23
Dec 17.34 248.30 1.28 95.60 122.30 125.70 18.91
Argentina
Nov 1.11 55.00 0.01 9.80 14.10 41.00 1.01
Dec 1.11 55.00 0.01 9.80 14.10 41.00 1.01
Brazil
Nov 10.27 129.00 1.20 63.50 77.50 55.00 7.97
Dec 10.27 129.00 1.20 63.50 77.50 55.00 7.97
Russia
Nov 0.91 16.00 0.05 9.80 10.90 5.30 0.76
Dec 0.91 17.00 0.05 10.50 11.60 5.30 1.06
South Africa
Nov 2.25 16.80 0.00 7.30 13.60 3.40 2.05
Dec 2.25 16.80 0.00 7.30 13.60 3.40 2.05
Ukraine
Nov 2.41 29.50 0.02 4.50 5.50 20.00 6.43
Dec 2.80 30.50 0.02 4.50 5.50 21.00 6.82
Major Importers 5/
Nov 19.67 124.35 101.65 166.00 222.15 5.01 18.50
Dec 19.99 123.85 102.55 166.60 222.95 5.01 18.42
Egypt
Nov 1.50 7.00 8.50 13.10 15.60 0.00 1.40
Dec 1.51 7.20 8.50 13.30 15.80 0.00 1.41
European Union 6/
Nov 7.18 59.80 24.50 59.10 80.00 4.10 7.38
Dec 7.23 60.10 24.50 59.30 80.20 4.20 7.43
Japan
Nov 1.30 0.01 15.50 12.00 15.50 0.00 1.31
Dec 1.30 0.01 15.50 12.00 15.50 0.00 1.31
Mexico
Nov 4.14 26.50 18.80 27.90 46.30 0.30 2.84
Dec 4.50 25.50 19.60 28.00 46.60 0.20 2.80
Southeast Asia 7/
Nov 3.10 30.86 17.95 39.90 48.20 0.61 3.10
Dec 3.03 30.86 18.05 40.00 48.30 0.61 3.03
South Korea
Nov 1.90 0.09 11.80 9.50 11.85 0.00 1.94
Dec 1.90 0.09 11.80 9.50 11.85 0.00 1.94
Canada
Nov 1.63 15.30 3.20 10.70 16.20 1.80 2.13
Dec 1.63 15.08 3.20 10.50 16.00 1.80 2.10
China
Nov 206.04 277.00 23.00 223.00 304.00 0.02 202.02
Dec 206.04 277.00 23.00 223.00 304.00 0.02 202.02
================================================================================
WASDE - 643 - 24 December 2023
World Rice Supply and Use (Milled Basis) 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Total 2/ Ending
Stocks tion Imports Domestic Exports Stocks
================================================================================
2021/22
World 3/ 187.48 513.08 54.48 517.81 56.90 182.75
World Less China 70.98 364.09 48.53 361.45 54.82 69.75
United States 1.39 6.08 1.20 4.76 2.65 1.26
Total Foreign 186.09 507.00 53.28 513.06 54.25 181.49
Major Exporters 4/ 46.92 197.74 1.76 158.75 43.91 43.76
Burma 1.31 12.40 0.00 10.50 2.34 0.88
India 37.00 129.47 0.00 110.45 22.03 34.00
Pakistan 1.89 9.32 0.01 3.70 4.82 2.70
Thailand 3.98 19.88 0.05 12.70 7.68 3.53
Vietnam 2.74 26.67 1.70 21.40 7.05 2.66
Major Importers 5/ 126.78 242.00 22.46 263.16 2.54 125.54
China 116.50 148.99 5.95 156.36 2.08 113.00
European Union 6/ 0.68 1.73 2.41 3.50 0.41 0.91
Indonesia 3.06 34.40 0.74 35.30 0.00 2.90
Nigeria 1.69 5.26 2.45 7.35 0.00 2.05
Philippines 2.36 12.54 3.60 15.40 0.00 3.10
Sel. Mideast 7/ 0.91 2.15 4.35 6.20 0.00 1.21
Selected Other
Brazil 1.17 7.34 0.93 7.15 1.39 0.90
C. Amer & Carib 8/ 0.57 1.62 1.68 3.27 0.04 0.57
Egypt 1.16 2.90 0.61 4.05 0.01 0.61
Japan 1.94 7.64 0.69 8.20 0.12 1.95
Mexico 0.20 0.18 0.74 0.97 0.01 0.14
South Korea 1.02 3.88 0.44 3.95 0.05 1.33
2022/23 Est.
World 3/ 182.75 512.98 54.13 520.99 54.05 174.74
World Less China 69.75 367.04 49.74 366.00 52.31 68.14
United States 1.26 5.09 1.27 4.62 2.04 0.96
Total Foreign 181.49 507.89 52.86 516.38 52.01 173.78
Major Exporters 4/ 43.76 200.90 1.86 162.41 42.31 41.81
Burma 0.88 11.80 0.00 10.20 1.40 1.08
India 34.00 135.76 0.00 114.51 20.25 35.00
Pakistan 2.70 5.50 0.01 3.60 3.76 0.84
Thailand 3.53 20.91 0.05 12.70 8.50 3.29
Vietnam 2.66 26.94 1.80 21.40 8.40 1.60
Major Importers 5/ 125.54 238.74 22.72 264.14 2.16 120.69
China 113.00 145.95 4.38 154.99 1.74 106.60
European Union 6/ 0.91 1.34 2.30 3.35 0.39 0.81
Indonesia 2.90 34.00 3.00 35.90 0.00 4.00
Nigeria 2.05 5.36 2.28 7.50 0.00 2.18
Philippines 3.10 12.63 3.75 16.00 0.00 3.48
Sel. Mideast 7/ 1.21 2.02 4.28 6.25 0.00 1.25
Selected Other
Brazil 0.90 7.00 1.00 7.00 1.20 0.70
C. Amer & Carib 8/ 0.57 1.54 1.98 3.38 0.05 0.65
Egypt 0.61 3.60 0.39 4.00 0.01 0.60
Japan 1.95 7.48 0.66 8.20 0.12 1.77
Mexico 0.14 0.14 0.78 0.98 0.01 0.08
South Korea 1.33 3.76 0.26 3.95 0.06 1.35
================================================================================
WASDE - 643 - 25 December 2023
World Rice Supply and Use (Milled Basis) 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Total 2/ Ending
Stocks tion Imports Domestic Exports Stocks
================================================================================
2023/24 Proj.
World 3/
Nov 174.78 517.80 49.81 525.16 52.68 167.42
Dec 174.74 518.07 49.35 525.05 51.97 167.76
World Less China
Nov 68.18 368.80 46.81 373.06 50.68 62.92
Dec 68.14 369.07 46.55 373.15 49.97 63.26
United States
Nov 0.96 6.98 1.24 5.14 2.73 1.30
Dec 0.96 6.98 1.27 5.14 2.73 1.33
Total Foreign
Nov 173.82 510.82 48.57 520.02 49.95 166.12
Dec 173.78 511.09 48.08 519.90 49.24 166.43
Major Exporters 4/
Nov 41.92 199.45 1.46 164.65 39.90 38.28
Dec 41.81 199.95 1.46 165.60 39.10 38.51
Burma
Nov 1.08 11.95 0.00 10.25 1.80 0.99
Dec 1.08 11.95 0.00 10.25 1.80 0.99
India
Nov 35.00 132.00 0.00 117.00 17.50 32.50
Dec 35.00 132.00 0.00 118.00 16.50 32.50
Pakistan
Nov 0.96 9.00 0.01 3.70 5.00 1.26
Dec 0.84 9.00 0.01 3.65 5.00 1.20
Thailand
Nov 3.29 19.50 0.05 12.50 8.00 2.34
Dec 3.29 20.00 0.05 12.50 8.20 2.64
Vietnam
Nov 1.60 27.00 1.40 21.20 7.60 1.20
Dec 1.60 27.00 1.40 21.20 7.60 1.20
Major Importers 5/
Nov 120.67 241.30 19.90 262.20 2.46 117.21
Dec 120.69 241.30 19.70 262.00 2.46 117.23
China
Nov 106.60 149.00 3.00 152.10 2.00 104.50
Dec 106.60 149.00 2.80 151.90 2.00 104.50
European Union 6/
Nov 0.81 1.43 2.40 3.40 0.40 0.84
Dec 0.81 1.43 2.40 3.40 0.40 0.84
Indonesia
Nov 4.00 33.50 2.00 35.80 0.00 3.70
Dec 4.00 33.50 2.00 35.80 0.00 3.70
Nigeria
Nov 2.15 5.23 2.10 7.70 0.00 1.78
Dec 2.18 5.23 2.10 7.70 0.00 1.80
Philippines
Nov 3.48 12.60 3.80 16.40 0.00 3.48
Dec 3.48 12.60 3.80 16.40 0.00 3.48
Sel. Mideast 7/
Nov 1.25 2.02 4.50 6.55 0.00 1.22
Dec 1.25 2.02 4.50 6.55 0.00 1.22
Brazil
Nov 0.70 7.48 0.90 7.00 1.30 0.78
Dec 0.70 7.48 0.90 7.00 1.30 0.78
C. Amer & Carib 8/
Nov 0.65 1.53 1.82 3.33 0.04 0.63
Dec 0.65 1.52 1.82 3.32 0.04 0.63
Egypt
Nov 0.60 3.78 0.35 4.10 0.01 0.63
Dec 0.60 3.78 0.35 4.10 0.01 0.63
Japan
Nov 1.80 7.30 0.69 8.06 0.12 1.60
Dec 1.77 7.30 0.69 8.06 0.12 1.57
Mexico
Nov 0.10 0.15 0.85 1.00 0.01 0.09
Dec 0.08 0.15 0.83 0.98 0.01 0.07
South Korea
Nov 1.39 3.68 0.42 3.93 0.10 1.47
Dec 1.35 3.70 0.46 3.93 0.10 1.48
================================================================================
WASDE - 643 - 26 December 2023
World Cotton Supply and Use 1/
(Million 480-Pound Bales)
================================================================================
Supply Use
Region Beginning Produc- Loss Ending
Stocks tion Imports Domestic Exports 2/ Stocks
================================================================================
2021/22
World 77.65 114.55 42.96 116.23 43.20 -0.60 76.34
World Less China 40.36 87.75 35.12 82.48 43.08 -0.60 38.27
United States 3.15 17.52 0.01 2.55 14.48 -0.40 4.05
Total Foreign 74.50 97.03 42.96 113.68 28.71 -0.20 72.29
Major Exporters 4/ 25.69 54.41 1.70 34.32 24.46 -0.20 23.22
Central Asia 5/ 3.03 5.09 0.06 4.28 1.47 0.00 2.43
Afr. Fr. Zone 6/ 1.68 5.98 3/ 0.10 6.43 -0.01 1.14
S. Hemis. 7/ 8.77 18.63 0.19 4.38 12.47 -0.19 10.93
Australia 2.51 5.85 3/ 0.01 3.58 -0.19 4.96
Brazil 4.07 10.82 0.02 3.30 7.73 0.00 3.88
India 11.84 24.30 1.00 25.00 3.74 0.00 8.40
Major Importers 8/ 46.49 39.65 38.94 75.47 2.94 0.00 46.67
Mexico 0.44 1.22 0.96 1.90 0.40 0.00 0.32
China 37.29 26.80 7.84 33.75 0.12 0.00 38.06
European Union 9/ 0.37 1.67 0.64 0.62 1.77 0.00 0.30
Turkey 1.76 3.80 5.52 8.60 0.57 0.00 1.92
Pakistan 2.18 6.00 4.50 10.70 0.05 0.00 1.93
Indonesia 0.50 3/ 2.58 2.60 0.01 0.00 0.46
Thailand 0.13 3/ 0.75 0.74 0.00 0.00 0.15
Bangladesh 2.48 0.15 8.45 8.80 0.00 0.00 2.28
Vietnam 1.09 3/ 6.63 6.70 0.00 0.00 1.02
2022/23 Est.
World 76.34 116.64 37.69 111.52 37.03 -0.72 82.83
World Less China 38.27 85.94 31.46 74.02 36.94 -0.72 45.43
United States 4.05 14.47 3/ 2.05 12.77 -0.55 4.25
Total Foreign 72.29 102.17 37.69 109.47 24.26 -0.18 78.58
Major Exporters 4/ 23.22 56.13 2.40 32.22 19.97 -0.19 29.76
Central Asia 5/ 2.43 5.63 0.03 3.84 1.13 0.00 3.12
Afr. Fr. Zone 6/ 1.14 4.02 3/ 0.10 3.90 0.00 1.17
S. Hemis. 7/ 10.93 19.63 0.14 4.21 13.40 -0.19 13.29
Australia 4.96 5.80 3/ 0.01 6.17 -0.19 4.77
Brazil 3.88 11.72 0.01 3.20 6.66 0.00 5.76
India 8.40 26.30 1.73 23.50 1.10 0.00 11.82
Major Importers 8/ 46.67 42.88 32.86 73.52 3.01 0.02 45.87
Mexico 0.32 1.58 0.69 1.75 0.41 0.00 0.43
China 38.06 30.70 6.23 37.50 0.09 0.00 37.40
European Union 9/ 0.30 1.64 0.52 0.55 1.52 0.00 0.39
Turkey 1.92 4.90 4.19 7.50 0.86 0.02 2.63
Pakistan 1.93 3.90 4.50 8.70 0.10 0.00 1.53
Indonesia 0.46 3/ 1.66 1.75 0.02 0.00 0.36
Thailand 0.15 3/ 0.66 0.68 0.00 0.00 0.14
Bangladesh 2.28 0.15 7.00 7.70 0.00 0.00 1.73
Vietnam 1.02 3/ 6.47 6.45 0.00 0.00 1.05
================================================================================
WASDE - 643 - 27 December 2023
World Cotton Supply and Use 1/
(Million 480-Pound Bales)
================================================================================
Supply Use
Region Beginning Produc- Loss Ending
Stocks tion Imports Domestic Exports 2/ Stocks
================================================================================
2023/24 Proj.
World
Nov 83.04 113.46 43.30 115.30 43.31 -0.31 81.50
Dec 82.83 112.92 43.15 113.73 43.15 -0.37 82.40
World Less China
Nov 45.64 86.46 32.80 77.80 43.21 -0.31 44.20
Dec 45.43 85.92 32.15 77.23 43.06 -0.37 43.58
United States
Nov 4.25 13.09 0.01 2.05 12.20 -0.11 3.20
Dec 4.25 12.78 0.01 1.90 12.20 -0.17 3.10
Total Foreign
Nov 78.79 100.37 43.30 113.25 31.11 -0.20 78.30
Dec 78.58 100.14 43.15 111.83 30.95 -0.20 79.30
Major Exporters 4/
Nov 29.76 57.54 2.04 33.30 27.00 -0.20 29.26
Dec 29.76 57.54 2.07 33.32 26.64 -0.20 29.61
Central Asia 5/
Nov 3.12 5.19 0.10 4.19 1.38 0.00 2.85
Dec 3.12 5.19 0.10 4.19 1.38 0.00 2.85
Afr. Fr. Zone 6/
Nov 1.17 4.92 3/ 0.10 4.61 0.00 1.38
Dec 1.17 4.92 3/ 0.10 4.60 0.00 1.38
S. Hemis. 7/
Nov 13.30 21.96 0.17 4.36 18.89 -0.20 12.37
Dec 13.29 21.96 0.17 4.36 18.54 -0.20 12.72
Australia
Nov 4.77 5.10 3/ 0.01 5.70 -0.20 4.36
Dec 4.77 5.10 3/ 0.01 5.65 -0.20 4.41
Brazil
Nov 5.76 14.56 0.02 3.30 11.80 0.00 5.24
Dec 5.76 14.56 0.02 3.30 11.50 0.00 5.54
India
Nov 11.82 25.00 1.30 24.00 1.80 0.00 12.32
Dec 11.82 25.00 1.30 24.00 1.80 0.00 12.32
Major Importers 8/
Nov 46.07 39.26 38.79 75.95 2.30 0.00 45.88
Dec 45.87 39.04 38.59 74.52 2.50 0.00 46.49
Mexico
Nov 0.43 1.05 0.85 1.70 0.30 0.00 0.33
Dec 0.43 0.93 0.80 1.60 0.25 0.00 0.30
China
Nov 37.40 27.00 10.50 37.50 0.10 0.00 37.30
Dec 37.40 27.00 11.00 36.50 0.09 0.00 38.81
European Union 9/
Nov 0.39 1.05 0.59 0.61 1.15 0.00 0.27
Dec 0.39 1.05 0.59 0.61 1.15 0.00 0.27
Turkey
Nov 2.63 3.50 4.30 7.90 0.65 0.00 1.88
Dec 2.63 3.20 4.10 7.50 0.90 0.00 1.53
Pakistan
Nov 1.53 6.50 4.20 10.00 0.08 0.00 2.15
Dec 1.53 6.70 4.00 10.00 0.08 0.00 2.15
Indonesia
Nov 0.36 3/ 2.30 2.20 0.01 0.00 0.46
Dec 0.36 3/ 2.30 2.20 0.02 0.00 0.45
Thailand
Nov 0.14 3/ 0.68 0.68 0.00 0.00 0.14
Dec 0.14 3/ 0.65 0.65 0.00 0.00 0.14
Bangladesh
Nov 1.93 0.16 7.70 7.70 0.00 0.00 2.09
Dec 1.73 0.16 7.50 7.80 0.00 0.00 1.59
Vietnam
Nov 1.05 3/ 6.70 6.70 0.00 0.00 1.05
Dec 1.05 3/ 6.70 6.70 0.00 0.00 1.05
================================================================================
WASDE - 643 - 28 December 2023
World Soybean Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic Ending
Stocks tion Imports Crush Total Exports Stocks
================================================================================
2021/22
World 2/ 100.26 360.43 155.52 314.50 363.97 154.25 98.00
World Less China 69.41 344.04 65.02 226.60 255.57 154.15 68.75
United States 6.99 121.53 0.43 59.98 62.92 58.57 7.47
Total Foreign 93.27 238.91 155.08 254.52 301.05 95.68 90.53
Major Exporters 3/ 55.39 181.82 4.43 91.83 102.47 87.25 51.93
Argentina 25.06 43.90 3.84 38.83 46.04 2.86 23.90
Brazil 29.58 130.50 0.54 50.71 53.96 79.06 27.60
Paraguay 0.48 4.18 0.04 2.20 2.25 2.27 0.18
Major Importers 4/ 34.24 20.29 122.72 116.74 144.72 0.42 32.11
China 30.86 16.40 90.50 87.90 108.40 0.10 29.25
European Union 1.56 2.83 14.55 15.40 16.97 0.29 1.68
Southeast Asia 5/ 1.19 0.53 8.26 4.45 9.33 0.02 0.64
Mexico 0.46 0.29 5.96 6.35 6.40 0.00 0.30
2022/23 Est.
World 2/ 98.00 374.39 164.78 313.41 364.13 171.12 101.92
World Less China 68.75 354.11 63.94 218.41 247.63 171.03 68.13
United States 7.47 116.22 0.67 60.20 62.84 54.21 7.30
Total Foreign 90.53 258.18 164.11 253.21 301.29 116.91 94.63
Major Exporters 3/ 51.93 194.75 9.32 86.51 96.81 106.32 52.87
Argentina 23.90 25.00 9.06 30.32 36.57 4.19 17.21
Brazil 27.60 160.00 0.15 53.10 56.90 95.51 35.35
Paraguay 0.18 9.05 0.01 3.05 3.18 5.80 0.26
Major Importers 4/ 32.11 23.74 132.26 122.57 151.54 0.33 36.23
China 29.25 20.28 100.85 95.00 116.50 0.09 33.79
European Union 1.68 2.55 13.20 14.30 15.88 0.23 1.32
Southeast Asia 5/ 0.64 0.49 8.44 4.02 8.83 0.01 0.73
Mexico 0.30 0.18 6.44 6.65 6.70 0.00 0.22
2023/24 Proj.
World 2/
Nov 100.31 400.42 165.75 329.47 383.68 168.29 114.51
Dec 101.92 398.88 167.65 329.50 383.96 170.29 114.21
World Less China
Nov 66.53 379.92 65.75 231.47 263.18 168.19 80.83
Dec 68.13 378.38 65.65 231.50 263.46 170.19 78.52
United States
Nov 7.30 112.39 0.82 62.60 66.06 47.76 6.68
Dec 7.30 112.39 0.82 62.60 66.06 47.76 6.68
Total Foreign
Nov 93.01 288.04 164.93 266.87 317.62 120.53 107.83
Dec 94.63 286.50 166.83 266.90 317.90 122.53 107.53
Major Exporters 3/
Nov 50.98 223.90 6.18 93.85 105.34 110.50 65.23
Dec 52.87 221.90 6.18 93.85 105.34 112.50 63.12
Argentina
Nov 17.21 48.00 5.70 34.50 41.75 4.60 24.56
Dec 17.21 48.00 5.70 34.50 41.75 4.60 24.56
Brazil
Nov 33.44 163.00 0.45 55.75 59.70 97.50 39.69
Dec 35.35 161.00 0.45 55.75 59.70 99.50 37.60
Paraguay
Nov 0.26 10.00 0.02 3.50 3.65 6.00 0.63
Dec 0.26 10.00 0.02 3.50 3.65 6.00 0.63
Major Importers 4/
Nov 36.34 24.45 133.64 127.15 157.51 0.42 36.50
Dec 36.23 24.43 135.64 127.13 157.49 0.42 38.39
China
Nov 33.79 20.50 100.00 98.00 120.50 0.10 33.69
Dec 33.79 20.50 102.00 98.00 120.50 0.10 35.69
European Union
Nov 1.43 3.07 13.80 15.00 16.59 0.30 1.40
Dec 1.32 3.07 13.80 15.00 16.59 0.30 1.29
Southeast Asia 5/
Nov 0.73 0.47 9.94 5.03 10.16 0.02 0.97
Dec 0.73 0.47 9.94 5.03 10.16 0.02 0.96
Mexico
Nov 0.22 0.16 6.40 6.50 6.56 0.00 0.22
Dec 0.22 0.14 6.40 6.48 6.54 0.00 0.22
================================================================================
WASDE - 643 - 29 December 2023
World Soybean Meal Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Stocks tion Imports Domestic Exports Stocks
Region Beginning Produc- Total Exports Ending
================================================================================
2021/22
World 2/ 16.56 246.75 67.15 244.79 68.83 16.84
World Less China 15.77 177.14 67.10 175.16 68.35 16.50
United States 0.31 47.01 0.59 35.34 12.28 0.28
Total Foreign 16.25 199.75 66.56 209.45 56.55 16.56
Major Exporters 3/ 6.95 76.39 0.79 29.30 47.74 7.10
Argentina 2.29 30.29 0.14 3.33 26.59 2.80
Brazil 4.47 39.31 0.01 19.70 20.21 3.88
India 0.19 6.80 0.65 6.27 0.94 0.42
Major Importers 4/ 2.42 22.60 38.39 59.75 1.11 2.55
European Union 0.56 12.17 16.54 27.84 0.76 0.66
Mexico 0.20 5.02 1.83 6.88 0.02 0.15
Southeast Asia 5/ 1.60 3.47 18.33 21.43 0.33 1.64
China 0.78 69.62 0.06 69.63 0.48 0.34
2022/23 Est.
World 2/ 16.84 246.44 62.86 245.85 66.55 13.74
World Less China 16.50 171.20 62.82 171.90 65.75 12.87
United States 0.28 47.62 0.57 34.84 13.30 0.34
Total Foreign 16.56 198.82 62.29 211.02 53.24 13.41
Major Exporters 3/ 7.10 73.03 0.10 30.35 43.96 5.92
Argentina 2.80 23.65 0.07 3.40 20.75 2.36
Brazil 3.88 41.14 0.01 20.30 21.34 3.39
India 0.42 8.24 0.03 6.65 1.87 0.17
Major Importers 4/ 2.55 21.65 36.74 58.24 0.97 1.73
European Union 0.66 11.30 16.01 26.79 0.73 0.45
Mexico 0.15 5.26 1.67 6.93 0.00 0.15
Southeast Asia 5/ 1.64 3.13 17.52 20.97 0.24 1.09
China 0.34 75.24 0.04 73.95 0.80 0.88
2023/24 Proj.
World 2/
Nov 13.69 258.63 66.78 253.63 69.79 15.69
Dec 13.74 258.66 66.75 253.56 69.84 15.75
World Less China
Nov 12.81 181.02 66.73 176.88 68.79 14.90
Dec 12.87 181.04 66.70 176.81 68.84 14.96
United States
Nov 0.34 49.13 0.54 35.77 13.88 0.36
Dec 0.34 49.13 0.54 35.77 13.88 0.36
Total Foreign
Nov 13.35 209.50 66.24 217.86 55.91 15.33
Dec 13.41 209.53 66.20 217.79 55.96 15.39
Major Exporters 3/
Nov 5.85 77.72 0.12 31.20 46.00 6.48
Dec 5.92 77.72 0.07 31.13 46.00 6.58
Argentina
Nov 2.36 26.91 0.01 3.45 23.40 2.43
Dec 2.36 26.91 0.01 3.45 23.40 2.43
Brazil
Nov 3.30 43.21 0.01 20.70 22.00 3.82
Dec 3.39 43.21 0.01 20.70 22.00 3.91
India
Nov 0.19 7.60 0.10 7.05 0.60 0.24
Dec 0.17 7.60 0.05 6.98 0.60 0.25
Major Importers 4/
Nov 1.62 22.89 37.83 59.12 0.96 2.26
Dec 1.73 22.87 37.83 59.12 1.01 2.30
European Union
Nov 0.37 11.85 15.80 26.89 0.65 0.47
Dec 0.45 11.85 15.80 26.89 0.70 0.51
Mexico
Nov 0.13 5.14 2.05 7.13 0.00 0.19
Dec 0.15 5.12 2.05 7.13 0.00 0.19
Southeast Asia 5/
Nov 1.09 3.92 18.38 21.54 0.31 1.54
Dec 1.09 3.92 18.38 21.54 0.31 1.54
China
Nov 0.88 77.62 0.05 76.75 1.00 0.79
Dec 0.88 77.62 0.05 76.75 1.00 0.79
================================================================================
WASDE - 643 - 30 December 2023
World Soybean Oil Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Stocks tion Imports Domestic Exports Stocks
Region Beginning Produc- Total Exports Ending
================================================================================
2021/22
World 2/ 5.53 59.27 11.54 59.22 12.25 4.86
World Less China 4.41 43.52 11.25 42.52 12.14 4.51
United States 0.97 11.86 0.14 11.26 0.80 0.90
Total Foreign 4.56 47.41 11.40 47.96 11.45 3.96
Major Exporters 3/ 1.25 20.77 0.59 12.49 8.62 1.50
Argentina 0.30 7.66 0.09 2.66 4.87 0.52
Brazil 0.47 9.76 0.03 7.45 2.41 0.41
European Union 0.44 2.93 0.46 2.31 0.97 0.55
Major Importers 4/ 1.78 18.90 6.64 26.16 0.28 0.89
China 1.12 15.75 0.29 16.70 0.11 0.35
India 0.27 1.53 4.23 5.83 0.02 0.19
North Africa 5/ 0.37 1.19 1.42 2.53 0.13 0.32
2022/23 Est.
World 2/ 4.86 59.03 10.65 58.11 11.42 5.01
World Less China 4.51 42.00 10.24 41.36 11.31 4.09
United States 0.90 11.90 0.17 12.07 0.17 0.73
Total Foreign 3.96 47.13 10.48 46.04 11.25 4.29
Major Exporters 3/ 1.50 19.51 0.65 12.15 8.25 1.27
Argentina 0.52 5.99 0.00 2.05 4.14 0.33
Brazil 0.41 10.23 0.03 7.68 2.69 0.30
European Union 0.55 2.72 0.62 2.36 0.91 0.62
Major Importers 4/ 0.89 20.01 6.35 25.27 0.21 1.77
China 0.35 17.02 0.41 16.75 0.12 0.92
India 0.19 1.85 3.97 5.40 0.01 0.60
North Africa 5/ 0.32 0.86 1.29 2.16 0.08 0.24
2023/24 Proj.
World 2/
Nov 4.87 61.93 10.79 60.85 11.50 5.24
Dec 5.01 61.93 10.75 60.79 11.51 5.39
World Less China
Nov 3.95 44.37 10.39 43.15 11.30 4.25
Dec 4.09 44.37 10.35 43.09 11.31 4.41
United States
Nov 0.73 12.26 0.18 12.29 0.16 0.72
Dec 0.73 12.26 0.18 12.29 0.16 0.72
Total Foreign
Nov 4.14 49.67 10.61 48.56 11.34 4.52
Dec 4.29 49.67 10.57 48.50 11.35 4.68
Major Exporters 3/
Nov 1.22 21.06 0.43 13.34 8.14 1.23
Dec 1.27 21.06 0.43 13.33 8.14 1.29
Argentina
Nov 0.33 6.81 0.00 2.35 4.40 0.39
Dec 0.33 6.81 0.00 2.35 4.40 0.39
Brazil
Nov 0.28 10.73 0.03 8.45 2.25 0.33
Dec 0.30 10.73 0.03 8.45 2.25 0.36
European Union
Nov 0.59 2.85 0.40 2.47 0.90 0.48
Dec 0.62 2.85 0.40 2.46 0.90 0.51
Major Importers 4/
Nov 1.70 20.58 5.87 26.11 0.28 1.77
Dec 1.77 20.58 5.87 26.11 0.28 1.84
China
Nov 0.92 17.56 0.40 17.70 0.20 0.98
Dec 0.92 17.56 0.40 17.70 0.20 0.98
India
Nov 0.53 1.71 3.30 5.10 0.02 0.42
Dec 0.60 1.71 3.30 5.10 0.02 0.49
North Africa 5/
Nov 0.24 0.98 1.44 2.32 0.05 0.30
Dec 0.24 0.98 1.44 2.32 0.05 0.29
================================================================================
WASDE - 643 - 31 December 2023
U.S. Quarterly Animal Product Production 1/
================================================================================
Year Red Total Red
and meat poultry meat &
quarter Beef Pork 2/ Broiler Turkey 3/ poultry Egg Milk
================================================================================
Million Pounds Mil doz Bil lbs
2022
IV 7052 6919 14017 11861 1310 13310 27327 2277 55.9
Annual 28291 26996 55471 46206 5222 51997 107469 9074 226.5
2023
I 6821 7071 13937 11549 1348 13039 26976 2209 56.9
II 6710 6593 13348 11545 1410 13105 26453 2287 58.1
III 6621 6488 13151 11679 1354 13183 26334 2327 56.1
IV* 6780 7090 13916 11600 1350 13090 27006 2355 55.9
NovProj. 26932 27217 54325 46209 5500 52280 106605 9179 227.1
DecProj. 26932 27242 54351 46373 5462 52417 106768 9179 226.9
2024
I* 6660 7070 13775 11425 1360 12925 26700 2305 57.5
II* 6590 6520 13154 11650 1380 13175 26329 2325 58.3
III* 6440 6730 13215 11850 1370 13365 26580 2365 56.8
NovProj. 25810 27730 53719 46650 5595 52810 106529 9445 230.0
DecProj. 25990 27730 53899 46625 5510 52700 106599 9385 229.0
================================================================================
U.S. Quarterly Prices for Animal Products
================================================================================
Year Barrows
and Streers and gilts Broilers Turkeys Eggs Milk
quarter 2/ 3/ 4/ 5/ 6/ 7/
================================================================================
Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt
2022
IV 152.99 63.49 123.5 177.5 411.7 25.17
Annual 144.40 71.21 140.5 154.5 282.4 25.34
2023
I 160.92 54.83 124.5 170.8 315.9 21.93
II 179.02 56.69 139.3 156.2 135.8 19.30
III 184.27 69.27 115.3 132.5 135.8 19.37
IV* 178.00 54.00 115.0 103.0 170.0 21.75
NovProj. 177.30 58.95 123.8 142.4 192.6 20.70
DecProj. 175.55 58.70 123.5 140.6 189.4 20.60
2024
I* 175.00 56.00 121.0 117.0 176.0 20.60
II* 177.00 63.00 127.0 126.0 140.0 19.65
III* 178.00 65.00 124.0 132.0 130.0 19.50
NovProj. 185 60 124 137 145 20.80
DecProj. 178 60 124 127 150 20.25
================================================================================
WASDE - 643 - 32 December 2023
U.S. Meats Supply and Use
================================================================================
Disappearance
Beg- Produc- Per
Item inning tion Total Ending capita
stocks 1/ Imports Supply Exports stocks Total 2/ 3/
================================================================================
Million Pounds 4/
Beef
2022 676 28359 3390 32425 3544 723 28157 59.1
2023 Proj.
Nov 723 27000 3653 31377 3035 615 27727 57.9
Dec 723 27000 3663 31387 3030 615 27742 57.9
2024 Proj.
Nov 615 25878 3690 30183 2845 560 26778 55.6
Dec 615 26058 3700 30373 2845 560 26968 56.0
Pork
2022 446 27011 1344 28800 6345 504 21951 51.1
2023 Proj.
Nov 504 27232 1134 28870 6734 465 21672 50.2
Dec 504 27257 1169 28930 6749 450 21732 50.3
2024 Proj.
Nov 465 27745 1175 29385 6950 450 21985 50.6
Dec 450 27745 1215 29410 6850 450 22110 50.9
TotalRed
Meat5/
2022 1147 55564 5092 61804 9895 1256 50653 111.6
2023 Proj.
Nov 1256 54418 5078 60752 9773 1112 49867 109.3
Dec 1256 54444 5118 60818 9783 1094 49941 109.4
2024 Proj.
Nov 1112 53812 5225 60148 9801 1037 49311 107.6
Dec 1094 53992 5240 60325 9701 1037 49588 108.2
Broiler
2022 705 45711 176 46593 7290 892 38411 98.9
2023 Proj.
Nov 892 45714 130 46737 7180 850 38707 99.2
Dec 892 45876 133 46902 7205 850 38847 99.5
2024 Proj.
Nov 850 46151 164 47165 7270 860 39035 99.4
Dec 850 46126 180 47156 7245 860 39051 99.5
Turkey
2022 166 5222 85 5473 407 190 4877 14.6
2023 Proj.
Nov 190 5500 46 5736 475 190 5071 15.1
Dec 190 5462 43 5695 495 185 5015 15.0
2024 Proj.
Nov 190 5595 72 5857 465 200 5192 15.4
Dec 185 5510 64 5759 470 195 5094 15.1
Total
Poultry6/
2022 874 51502 268 52645 7716 1087 43841 115.2
2023 Proj.
Nov 1087 51785 180 53053 7677 1046 44330 115.9
Dec 1087 51921 181 53188 7721 1042 44425 116.2
2024 Proj.
Nov 1046 52310 242 53598 7759 1066 44773 116.5
Dec 1042 52200 250 53492 7739 1061 44692 116.2
RedMeat& Poultry
2022 2021 107067 5361 114449 17611 2343 94494 226.8
2023 Proj.
Nov 2343 106204 5258 113805 17451 2158 94197 225.2
Dec 2343 106365 5298 114006 17505 2136 94366 225.6
2024 Proj.
Nov 2158 106122 5467 113747 17560 2103 94084 224.1
Dec 2136 106192 5490 113818 17440 2098 94281 224.5
================================================================================
WASDE - 643 - 33 December 2023
U.S. Egg Supply and Use
================================================================================
2021 2022 2023Proj. 2023Proj. 2024Proj. 2024Proj.
Commodity Nov Dec Nov Dec
================================================================================
Million Dozen
Eggs
Supply
BeginningStocks 24.5 19.1 18.8 18.8 23.0 24.0
Production 9297.9 9073.8 9178.8 9178.8 9445.0 9385.0
Imports 18.2 26.0 29.3 29.5 30.0 30.0
Total Supply 9340.6 9118.9 9226.8 9227.0 9498.0 9439.0
Use
Exports 392.1 226.5 242.0 245.0 238.0 238.0
Hatching Use 1103.9 1116.4 1111.8 1111.7 1120.0 1120.0
Ending Stocks 19.1 18.8 23.0 24.0 19.5 22.0
Disappearance
Total 7825.4 7757.2 7850.1 7846.4 8120.5 8059.0
Per Capita (number) 282.5 279.0 280.9 280.8 289.0 286.9
================================================================================
U.S. Milk Supply and Use
================================================================================
2021 2022 2023Proj. 2023Proj. 2024Proj. 2024Proj.
Commodity Nov Dec Nov Dec
================================================================================
Billion Pounds
Milk
Production 226.3 226.5 227.1 226.9 230.0 229.0
Farm Use 1.0 1.0 1.0 1.0 1.0 1.0
FatBasisSupply
BeginningStocks 15.6 14.3 14.4 14.4 14.3 14.2
Marketings 225.3 225.5 226.1 225.9 229.1 228.0
Imports 6.5 7.1 7.4 7.5 7.6 7.7
Total Supply 247.4 246.9 247.8 247.8 251.0 249.9
FatBasisUse
Exports 11.5 13.4 10.9 10.8 11.6 11.4
Ending Stocks 14.3 14.4 14.3 14.2 14.3 13.9
Domestic Use 221.6 219.1 222.7 222.9 225.1 224.6
Skim-solidBasisSupply
BeginningStocks 10.9 11.1 11.7 11.7 11.7 11.6
Marketings 225.3 225.5 226.1 225.9 229.1 228.0
Imports 5.8 6.7 6.5 6.3 6.7 6.5
Total Supply 241.9 243.3 244.3 243.9 247.4 246.1
Skim-solidBasisUse
Exports 50.6 52.9 49.8 49.9 53.1 53.2
Ending Stocks 11.1 11.7 11.7 11.6 11.7 11.0
Domestic Use 180.2 178.7 182.8 182.5 182.6 182.0
================================================================================
WASDE - 643 - 34 December 2023
U.S. Dairy Prices
================================================================================
Commod- 2021 2022 2023 Proj. 2023 Proj. 2024 Proj. 2024 Proj.
ity Nov Dec Nov Dec
================================================================================
Dollars Per Pound
Product Prices 1/
Cheese 1.6755 2.1122 1.770 1.765 1.825 1.725
Butter 1.7325 2.8665 2.645 2.620 2.590 2.595
Nonfat Dry
Milk 1.2693 1.6851 1.180 1.185 1.170 1.175
Dry Whey 0.5744 0.6057 0.360 0.360 0.375 0.400
Milk Prices 2/ Dollars Per Cwt
ClassIII 17.08 21.96 17.10 17.05 17.70 16.85
Class IV 16.09 24.47 19.20 19.10 18.85 18.90
All Milk
3/ 18.53 25.34 20.70 20.60 20.80 20.25
================================================================================
WASDE - 643 - 35 December 2023
Reliability of December Projections 1/
================================================================================
Differences between forecast and final estimate
90 percent Years
Commodity and Root mean Confidence Below Above
Region square error interval Average Smallest Largest Final Final
================================================================================
Million Metric Tons
WHEAT
Production
World 0.8 1.3 3.8 0.4 10.2 31 11
U.S. 0.4 0.7 0.2 0.0 1.2 21 14
Foreign 0.9 1.5 3.8 0.3 10.3 31 11
Exports
World 5.1 8.6 5.6 0.1 18.3 33 9
U.S. 5.7 9.5 1.5 0.2 3.9 21 21
Foreign 6.3 10.6 5.5 0.5 17.9 36 6
Domestic Use
World 1.3 2.2 5.9 0.1 24.4 24 18
U.S. 5.7 9.6 1.5 0.1 3.6 11 31
Foreign 1.3 2.2 5.9 0.1 24.6 28 14
Ending Stocks
World 5.5 9.3 7.3 0.9 28.6 30 12
U.S. 10.3 17.3 1.7 0.1 7.0 29 13
Foreign 5.7 9.5 6.2 0.4 28.1 29 13
COARSE GRAINS 2/
Production
World 1.4 2.4 12.1 0.0 36.0 30 12
U.S. 1.3 2.2 2.6 0.0 9.9 19 23
Foreign 2.0 3.3 12.0 0.2 37.5 30 12
Exports
World 6.4 10.8 6.3 0.1 33.3 29 13
U.S. 15.3 25.8 5.5 0.1 12.8 19 23
Foreign 11.5 19.3 7.0 0.0 27.1 27 14
Domestic Use
World 1.2 2.0 9.9 0.3 36.5 24 18
U.S. 3.4 5.7 4.7 0.1 17.9 19 23
Foreign 1.5 2.5 9.6 0.3 36.9 26 16
Ending Stocks
World 10.7 18.1 14.3 0.2 137.6 35 7
U.S. 19.0 32.0 7.1 0.7 23.9 22 20
Foreign 14.0 23.5 13.1 0.1 143.9 34 8
RICE, milled
Production
World 1.9 3.2 5.7 0.0 16.2 34 8
U.S. 2.8 4.7 0.1 0.0 0.5 20 17
Foreign 1.9 3.3 5.7 0.1 16.2 35 7
Exports
World 9.1 15.4 2.0 0.1 6.3 32 10
U.S. 7.9 13.2 0.2 0.0 0.6 19 21
Foreign 10.3 17.3 1.9 0.0 6.5 30 12
Domestic Use
World 1.5 2.5 3.7 0.0 15.9 30 12
U.S. 7.7 12.9 0.2 0.0 0.6 23 19
Foreign 1.5 2.6 3.7 0.0 16.1 30 12
Ending Stocks
World 10.2 17.2 5.7 0.1 27.9 34 8
U.S. 21.1 35.5 0.2 0.0 0.8 22 20
Foreign 10.5 17.7 5.7 0.2 27.7 34 8
================================================================================
WASDE - 643 - 36 December 2023
Reliability of December Projections (Continued) 1/
================================================================================
Differences between forecast and final estimate
90 percent Years
Commodity and Root mean Confidence Below Above
Region square error interval Average Smallest Largest Final Final
================================================================================
Million Metric Tons
SOYBEANS
Production
World 3.9 6.5 6.3 0.1 26.2 22 20
U.S. 2.0 3.3 1.2 0.1 4.7 18 24
Foreign 6.3 10.6 6.2 0.1 27.3 19 23
Exports
World 6.9 11.6 3.8 0.1 18.3 25 17
U.S. 8.8 14.8 2.2 0.1 6.4 24 18
Foreign 17.1 28.8 3.7 0.0 21.3 21 21
Domestic Use
World 2.8 4.7 4.6 0.0 16.7 21 21
U.S. 3.4 5.7 1.2 0.0 3.6 27 15
Foreign 3.4 5.7 4.2 0.2 15.1 22 20
Ending Stocks
World 14.9 25.1 4.6 0.1 18.5 23 19
U.S. 42.6 71.8 2.0 0.2 7.3 13 29
Foreign 16.3 27.5 4.1 0.1 18.3 24 18
COTTON
Production
World 3.1 5.3 2.3 0.0 7.2 24 17
U.S. 2.5 4.2 0.3 0.0 1.3 19 22
Foreign 3.7 6.2 2.2 0.0 7.1 23 18
Exports
World 7.5 12.6 2.1 0.1 9.0 24 18
U.S. 13.2 22.2 0.9 0.0 3.0 26 16
Foreign 9.8 16.5 1.6 0.0 8.3 21 20
Domestic Use
World 4.0 6.8 2.8 0.1 18.2 20 22
U.S. 8.6 14.5 0.3 0.0 1.0 20 21
Foreign 4.0 6.8 2.7 0.1 17.4 22 20
Ending Stocks
World 11.2 18.8 4.8 0.1 19.3 23 19
U.S. 29.8 50.1 1.1 0.1 3.2 14 28
Foreign 11.7 19.7 4.4 0.1 17.5 27 15
================================================================================
WASDE - 643 - 37 December 2023
Reliability of United States December Projections 1/
================================================================================
Differences between forecast and final estimate
90 percent Years
Commodity and Root mean Confidence Below Above
Region square error interval Average Smallest Largest Final Final
================================================================================
Million Bushels
CORN
Production 1.3 2.3 96 0 396 20 21
Exports 15.9 26.8 196 9 513 18 24
Domestic Use 3.6 6.1 178 14 574 24 18
Ending Stocks 21.6 36.4 279 16 986 22 20
SORGHUM
Production 5.7 9.6 15 1 53 21 21
Exports 19.2 32.4 30 0 123 26 15
Domestic Use 19.8 33.4 35 0 127 17 24
Ending Stocks 45.7 77.0 23 0 104 16 25
BARLEY
Production 1.5 2.6 4 0 24 20 10
Exports 43.7 73.7 8 0 37 15 23
Domestic Use 8.2 13.7 17 0 70 17 24
Ending Stocks 14.7 24.7 13 0 39 27 13
OATS
Production 1.1 1.8 2 0 18 8 9
Exports 68.8 115.9 1 0 7 11 10
Domestic Use 5.3 8.8 11 0 39 15 26
Ending Stocks 19.5 32.9 12 1 52 28 14
Thousand Short Tons
SOYBEAN MEAL
Production 3.4 5.7 1017 102 3117 25 17
Exports 10.8 18.2 723 100 2850 24 18
Domestic Use 3.2 5.3 715 50 2293 22 20
Ending Stocks 32.8 55.3 62 0 253 17 23
Million Pounds
SOYBEAN OIL
Production 3.3 5.6 449 43 1530 28 14
Exports 40.7 68.5 373 0 1325 22 18
Domestic Use 3.7 6.2 477 25 1761 26 16
Ending Stocks 21.0 35.4 293 1 1051 26 16
ANIMAL PROD. 3/ Million Pounds
Beef 3.5 5.9 723 9 2311 29 12
Pork 3.1 5.3 427 20 1592 21 20
Broilers 1.7 2.9 402 1 1346 24 17
Turkeys 3.2 5.3 128 2 452 21 20
Million Dozen
Eggs 2.1 3.5 122 3 515 26 15
Billion Pounds
Milk 1.5 2.5 1.8 0.1 6.1 22 19
================================================================================ WASDE
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