ISSN: 1554-9089 

World Agricultural Supply 

and Demand Estimates

United States Department of Agriculture

Office of the

Chief Economist

Agricultural Marketing Service

Farm Service Agency

Economic Research Service

Foreign Agricultural Service

WASDE - 469 Approved by the World Agricultural Outlook Board April 9, 2009

WHEAT: U.S. wheat ending stocks for 2008/09 are projected 16 million bushels lower this 

month as an increase in imports is more than offset by higher projected domestic use. Imports 

are projected 5 million bushels higher mostly reflecting the pace of hard red spring and durum 

wheat imports from Canada. Seed use is raised 1 million bushels based on producer intentions 

as reported in the March 31 Prospective Plantings. Feed and residual use is projected 20 million 

bushels higher as the March 1 stocks indicated higher-than-expected use during the DecemberFebruary quarter. Durum exports are projected slightly higher with an offsetting reduction for 

hard red winter wheat. The 2008/09 season-average farm price is projected up 10 cents on the 

lower end of the range to $6.80 to $6.90 per bushel. This is well above the previous record of 

$6.48 per bushel in 2007/08. 

Global wheat supplies for 2008/09 are nearly unchanged this month as a 2.4-million-ton 

reduction in world production is mostly offset by a 2.2-million-ton increase in world beginning 

stocks. Production is revised 1.0 million tons lower for both Algeria and Ethiopia, and 0.4 million 

and 0.3 million lower, respectively, for Egypt and Chile. Partly offsetting is a 0.2-million-ton 

increase for Brazil. Beginning stocks for 2008/09 are raised 1.3 million tons for Argentina on 

upward revisions to 2006/07 and 2007/08 production. Beginning stocks are also raised 0.5 

million tons for Ethiopia with smaller increases for Uruguay, Algeria, and Paraguay. Global 

wheat supplies, projected at a record 804.4 million tons, are up 67.2 million from 2007/08. 

World wheat trade for 2008/09 is projected higher this month. Higher projected imports for 

Middle Eastern and North African countries boost expected shipments for EU-27 and FSU-12 

exporters. Imports are projected 0.5 million tons higher for Iran, 0.4 million tons higher for Egypt, 

0.3 million tons higher for Tunisia, and 0.2 million tons higher each for Libya and Turkey. Imports 

are also raised 0.5 million tons for EU-27 and 0.3 million tons for Bangladesh. Partly offsetting is 

a 0.3-million-ton import reduction for South Korea. Exports are raised 1.5 million tons for EU-27, 

1.0 million tons for Ukraine, and 0.5 million tons for Russia. Exports are also raised 1.0 million 

tons for Argentina and 0.4 million tons for Uruguay. Partly offsetting are reductions for Canada 

and Brazil, down 1.5 million tons and 0.2 million tons, respectively. Global exports, at a record 

128.0 million tons, are projected 2.7 million higher than last month and 11.1 million higher than in 

2007/08. 

World wheat consumption for 2008/09 is projected lower with reductions in feeding in EU-27 and 

South Korea and lower food use in Ethiopia only partly offset by higher projected use in the 

United States. Global ending stocks are projected 2.3 million tons higher with the largest 

increases for Canada, EU-27, Ethiopia, and Iran. Stocks are also projected higher for Brazil, 

Argentina, Tunisia, and others. The largest reductions in stocks are projected for Ukraine, 

Algeria, and Russia. 

COARSE GRAINS: U.S. corn ending stocks for 2008/09 are projected 40 million bushels lower 

this month as higher expected feed and residual use more than offsets a reduction in food, seed, 

and industrial use. Feed and residual use is raised 50 million bushels as March 1 stocks 
WASDE-469-2 

indicated higher-than-expected disappearance during the December-February quarter. Food, 

seed, and industrial use is lowered 10 million bushels with lower projected use for starch (other 

than for fuel and beverage alcohol) more than offsetting higher expected use for sweeteners. 

Corn use for starch is projected down 10 percent from 2007/08 as declining demand for 

construction materials and paper products reduce demand for starch. The 2008/09 seasonaverage farm price for corn is projected at $4.00 to $4.40 per bushel, up 10 cents on both ends 

of the range. This compares with the 2007/08 record of $4.20 per bushel. 

Feed and residual use for 2008/09 is lowered 5 million bushels each for barley and oats as 

March 1 stocks indicated lower-than-expected December-February disappearance. Barley 

exports are also lowered slightly based on the pace of exports to date. Projected ending stocks 

for both commodities are raised accordingly. The season-average farm price for barley is 

projected at $5.20 to $5.30 per bushel, up 10 cents on the lower end of the range. Marketings 

for 2008/09 reflect a larger-than-normal share of higher priced malting barley. The oats farm 

price range is narrowed 5 cents on both ends of the range to $3.10 to $3.20 per bushel. The 

projected sorghum farm price is raised 10 cents on both ends of the range to $3.15 to $3.45 per 

bushel. 

Global coarse grain supplies for 2008/09 are projected 2.7 million tons lower this month with 

lower sorghum, barley, and corn production. Much of the reduction is based on lower production 

estimates for these crops in Ethiopia as the historical series is revised to reflect a change in 

officially reported statistics for the country. Though reduced from last month=s estimates, 

2008/09 featured bumper crops for Ethiopia. World sorghum production is lowered 1.3 million 

tons as 0.7-million-ton reductions for Argentina and Ethiopia and a 0.2-million-ton reduction for 

China are only partly offset by increases for Burkina Faso and Mexico. Argentina sorghum 

production is projected lower as additional dryness and heat during March further reduced yield 

prospects. World barley production is lowered 0.7 million tons with a 0.6-million-ton reduction for 

Ethiopia and a 0.1-million-ton reduction for China. World corn production is lowered 0.7 million 

tons with 0.5-million-ton reductions for Ethiopia, Chile, and Vietnam, and a 0.4-million-ton 

reduction for Iran. Partly offsetting is higher projected production for Brazil. Brazil corn 

production is raised 1.0 million tons reflecting higher indicated yields for the primary summer 

(southern hemisphere) crop now being harvested. 

World corn exports for 2008/09 are projected 1.2 million tons higher this month. Exports are 

raised 0.5 million tons for Ukraine and 0.4 million tons for Russia with smaller increases for 

Croatia and Thailand. Imports are raised for Chile, Iran, Venezuela, and Vietnam, but reduced 

for Mexico, Indonesia, and Thailand. Lower corn imports for these countries reflect lower 

expected feeding. An increase in projected sorghum feed use for Mexico is partly offsetting. 

Corn feed use is also lowered for Iran, Chile, and Vietnam. Global corn feed use, however, is 

nearly unchanged with the projected increase for the United States. Global corn ending stocks 

for 2008/09 are projected 1.3 million tons lower. Stocks are projected 1.0 million tons higher for 

Brazil but 1.0 million tons lower for the United States. Other major reductions are for Ukraine, 

Russia, Iran, and Vietnam. 

RICE: No changes are made on the supply side of the U.S. 2008/09 rice supply and use balance 

sheets. On the use side, domestic and residual use is estimated at a record 135 million cwt, 6 

percent above last month, and 9 percent above 2007/08. Long-grain domestic and residual use 

is estimated at a record 104 million cwt, nearly 10 percent above the March estimate, while 

combined medium- and short-grain domestic and residual use is estimated at 31 million cwt, 

down 3 percent from last month. The change in the 2008/09 domestic and residual use estimate 

is based largely on the March 1 Rice Stocks report released by the National Agricultural Statistics 
WASDE-469-3 

Service (NASS) on March 31. NASS reported all rice stocks on a rough-equivalent basis at 98.0 

million cwt, down 13 percent from a year earlier, and the lowest stocks since 2003/04. 

The all rice export projection is unchanged at 94 million cwt, however, long-grain exports are 

lowered 1.0 million, while combined medium- and short-grain exports are raised 1.0 million. 

Although export sales have picked up in recent weeks, the slow pace of shipments to date, along 

with the tight supply situation for long-grain rice, implies some outstanding sales may not get 

shipped by the end of the marketing year. All rice ending stocks are projected at 22.2 million cwt, 

27 percent below last month and the lowest stocks since 1998/99. Long-grain stocks are 

estimated at 12.3 million cwt, down 39 percent from last month and the lowest stocks since 

2003/04. Combined medium- and short-grain stocks are estimated at 8.6 million cwt, unchanged 

from last month. 

 

The all rice season-average farm price for 2008/09 is forecast at $15.75 to $16.75 per cwt, up 25 

cents per cwt on both ends of the range from a month ago. The combined medium- and shortgrain farm price range is projected at $21.25 to $22.25 per cwt, up 75 cents on each end of the 

range from a month ago, while the long-grain farm price range is projected at $14.50 to $15.50 

per cwt, unchanged from last month. This month’s increase in the all rice price is based on 

monthly farm prices reported by NASS and price expectations for the remainder of the marketing 

year. Monthly prices reported by NASS through mid-March show a strengthening of the 

combined medium- and short-grain price and a weakening of the long-grain price. 

Global 2008/09 production, consumption, trade, and ending stocks are nearly unchanged from a 

month ago. The slight increase in world production is due to a number of country-level 

adjustments in production based largely on recently received annual reports from overseas 

USDA offices. The most notable changes were increases in production for Brazil and Vietnam 

that are partially offset by reductions for Cote d’Ivoire and the Philippines. Global ending stocks 

are projected at 86.1 million tons, nearly unchanged from last month, but up 7.6 million from the 

previous year. 

OILSEEDS: U.S. soybean exports for 2008/09 are increased 25 million bushels to a record 1.21 

billion reflecting strong year-to-date shipments and outstanding sales, and prospects for reduced 

export competition from South America as the Argentina soybean crop continues to deteriorate. 

Soybean crush is reduced 5 million bushels to 1.635 billion due to persistent weakness in 

domestic soybean meal demand. Seed use is raised reflecting expected plantings for 2009 

reported in the March 31 Prospective Plantings report. U.S. soybean ending stocks are reduced 

20 million bushels to a projected 165 million, the lowest since 2003/04. 

Price forecasts for soybeans, soybean oil, and soybean meal are all raised. The U.S. seasonaverage soybean price range for 2008/09 is projected at $9.25 to $10.05 per bushel compared 

with $8.85 to $9.85 per bushel last month. Soybean oil prices are forecast at 30 to 32 cents per 

pound, compared with the previous range of 28.5 to 31.5 cents per pound. The soybean meal 

price range is narrowed to $280 to $300 per short ton compared with $265 to $305 last month. 

Global oilseed production for 2008/09 is projected at 403.5 million tons, down 4.2 million tons 

from last month. Lower soybean, cottonseed, and sunflowerseed production are only partly 

offset by increased rapeseed and peanut projections. Global soybean production is reduced 4.5 

million tons to 218.8 million, with Argentina accounting for most of the reduction. Soybean 

production for Argentina is projected at 39.0 million tons, down 4 million due to lower harvested 

area and yields. Despite rain in much of the main growing area in early March, hot, dry 

conditions returned in most of the country, leaving yield prospects below last month. Soybean 

production is also reduced for Paraguay and India. Soybean production for Brazil remains 
WASDE-469-4 

unchanged at 57 million tons. Global rapeseed production is raised 0.4 million tons to a record 

57.9 million due to higher projected output in India. Other changes include reduced 

sunflowerseed production for Paraguay and reduced cottonseed production for Turkey. 

Global 2008/09 oilseed ending stocks are reduced 4.1 million tons to 58.6 million due mostly to 

lower soybean stocks in Argentina, Brazil, and the United States. 

SUGAR: Projected 2008/09 U.S. sugar supply is increased 274,000 short tons, raw value, from 

last month, mainly due to increased imports. Production changes were largely offsetting. Beet 

sugar production is increased on processors= indications of an early start to the 2009-crop 

harvest in September. Sugarcane processors in Florida indicate per-acre sugarcane tonnage 

and extraction are lower than expected last month. Imports from Mexico are increased 320,000 

tons, to 1 million tons, based on the strong pace to date. Based on the slow pace to date, 

imports for re-export are reduced 45,000 tons and deliveries to users under the re-export 

products program are reduced 35,000 tons. Ending stocks are increased 309,000 tons to 1.29 

million, or 11.9 percent of use. 

For Mexico, 2008/09 beginning stocks are increased to 1.6 million metric tons, raw value, to 

reflect information from the U.S. Embassy in Mexico. Sugar imports by Mexico have been 

increased 285,000 tons to meet domestic demand, putting ending stocks at 1.2 million tons, or 20 

percent of domestic use. 

LIVESTOCK, POULTRY, AND DAIRY: Total U.S. meat production for 2009 is forecast lower 

this month as a slight increase in beef output is more than offset by lower pork and poultry 

production. The beef production forecast is raised from last month due to a combination of 

heavier expected steer and heifer weights and higher expected cow slaughter. The pork 

production forecast is lowered as hog slaughter to date has been lower than expected. In 

addition, the March 31 Quarterly Hogs and Pigs report indicated fewer sows farrowing during the 

first half of the year which will result in a smaller pig crop to slaughter during the second half. 

Broiler production forecasts are lowered as hatchery data point to continued reductions in eggs 

set and chicks placed. Hatchery supply flocks are below last year, implying little prospect for 

recovery until later in the year. Turkey production is also forecast lower as there are no 

indications that flocks will expand before mid-year. The total egg production forecast is reduced 

due to lower expected first-quarter table egg production, and lower forecast hatching egg 

production, which reflects reduced forecasts for broilers. 

Export forecasts for 2009 for major meats are lowered slightly. Exports of beef and turkey are 

forecast lower but the pork export forecast is raised. Broiler exports are unchanged. Beef 

imports are raised but imports for pork are unchanged. 

The cattle price forecast is about unchanged from last month. Hog prices are raised as tighter 

hog supplies are expected. Broiler prices are lowered as demand is expected to remain weak. 

Milk production forecasts for 2009 are lowered from last month. Cow numbers for 2009 are 

forecast lower, as producers are expected to liquidate herds in response to poor returns. The 

recently announced Cooperatives Working Together (CWT) herd buyout is expected to 

encourage a more rapid reduction in cow numbers by encouraging producers to reduce herds. 

Milk per cow growth is slowed from last month reflecting poor returns. Import forecasts are 

unchanged from last month, but commercial exports are lowered due to reduced butter exports. 

CCC net removals are reduced as strengthening prices through the year will result in lower sales 

of dairy products to the CCC. 
WASDE-469-5 

Milk price estimates for 2009 are raised. Forecasts for all dairy products are up from last month. 

Reductions in milk supplies are expected to support product prices. As a result of higher product 

prices, the Class III and Class IV price forecasts are raised from last month. The all milk price is 

also forecast higher this month at $11.85 to $12.35 per cwt. 

COTTON: This month’s U.S. 2008/09 cotton estimates include marginally lower supplies 

combined with larger offtake, resulting in a 600,000-bale reduction in forecast ending stocks. 

The production estimate is lowered 206,000 bales from last month based on USDA’s final Cotton 

Ginnings report, released March 25, 2009. Domestic mill use is lowered 100,000 bales to 3.65 

million, as mill use reported for February fell sharply. However, exports are raised 500,000 

bales, reflecting recent strong export sales and shipments. Ending stocks are now estimated at 

6.7 million bales, or 41.5 percent of total use. The forecast season-average price range of 47 to 

51 cents per pound is narrowed 1 cent on each end of the range. 

The world cotton estimates for 2008/09 include lower consumption and higher ending stocks 

compared with last month. World production is reduced marginally, due mainly to adjustments 

for the United States and Iran. World consumption is reduced 1.2 percent, due to decreases for 

China and others. China’s consumption is lowered 1.0 million bales, accounting for three-fourths 

of the drop in world consumption, based on a sharp slowdown in net textile exports beginning in 

January. World trade shows marginal decreases, as imports are reduced for Pakistan, Thailand, 

and others. World exports also are reduced marginally, including sharply lower exports forecast 

for India, which are partially offset by increases for the United States and Brazil. World ending 

stocks of 63.4 million bales are slightly above both last month’s estimate and the beginning level. 

Approved by the Secretary of Agriculture and the Chairperson of the World Agricultural Outlook 

Board, Gerald A. Bange, (202) 720-6030. This report was prepared by the Interagency Commodity 

Estimates Committees. 

APPROVED BY: 

JOSEPH W. GLAUBER 

ACTING SECRETARY OF AGRICULTURE
WASDE-469-6 

INTERAGENCY COMMODITY ESTIMATES COMMITTEES

Note: The World Agricultural Outlook Board reviews and approves the World Agricultural Supply and 

Demand Estimates (WASDE) report. The Board’s analysts chair the Interagency Commodity 

Estimates Committees (ICECs) that prepare the monthly report. 

Wheat: Jerry Norton, ICEC Chair, WAOB, E-mail: jnorton@oce.usda.gov

Gary Vocke, ERS; Teresa McKeivier, FAS; Tom Tice, FSA. 

Rice: Andrew C. Aaronson, ICEC Chair, WAOB, E-mail: aaaronson@oce.usda.gov

Nathan Childs, ERS; Ryan Scott, FAS; William Chambers, FSA. 

Feed Grains: Jerry Norton, ICEC Chair, WAOB, E-mail: jnorton@oce.usda.gov

Allen Baker, ERS; Richard O=Meara, FAS; Pete Riley, FSA. 

Oilseeds: Keith Menzie, ICEC Chair, WAOB, E-mail: kmenzie@oce.usda.gov

Mark Ash, ERS; Bill George, FAS; Max Fisher, FSA. 

Cotton: Carol Skelly, ICEC Chair, WAOB, E-mail: cskelly@oce.usda.gov

Darryl Earnest, AMS; Leslie Meyer, ERS; James Johnson, FAS; Steven Neff, FSA. 

Sugar: John Love, ICEC Chair, WAOB, E-mail: jlove@oce.usda.gov 

Stephen Haley, ERS; Ron Lord, FAS; Barbara Fecso, FSA. 

Meat Animals: Shayle Shagam, ICEC Chair, WAOB, E-mail: sshagam@oce.usda.gov

Warren Preston, AMS; Mildred M. Haley, ERS; Claire Mezoughem, FAS; Dale Leuck, 

FSA. 

Poultry: Shayle Shagam, ICEC Chair, WAOB, E-mail: sshagam@oce.usda.gov

Larry Haller, AMS; David Harvey, ERS; Michelle DeGraaf, FAS; Milton Madison, FSA. 

Dairy: Shayle Shagam, ICEC Chair, WAOB, E-mail: sshagam@oce.usda.gov

Jerry Cessna, AMS; Roger Hoskin, ERS; Paul Kiendl, FAS; Milton Madison, FSA. 

In 2009, the WASDE report will be released on May 12, Jun. 10, 

Jul. 10, Aug. 12, Sep. 11, Oct. 9, Nov. 10, and Dec. 10. 
WASDE-469-7 

T A B L E OF C O N T E N T S

Page

Highlights...............................................................................................................1 

Interagency Commodity Estimates Committees.....................................................6 

World & U.S. Supply & Use for Grains...................................................................8 

World & U.S. Supply & Use for Cotton...................................................................9 

World & U.S. Supply & Use for Oilseeds .............................................................10 

U.S. Wheat Supply & Use....................................................................................11 

U.S. Wheat Supply & Use by Class .....................................................................11 

U.S. Feed Grain & Corn Supply & Use ................................................................12 

U.S. Sorghum, Barley & Oats Supply & Use........................................................13 

U.S. Rice Supply & Use.......................................................................................14 

U.S. Soybeans & Products Supply & Use............................................................15 

U.S. Sugar Supply & Use.....................................................................................16 

Mexico Sugar Supply and Use.............................................................................16 

U.S. Cotton Supply & Use....................................................................................17 

World Wheat Supply & Use .................................................................................18 

World Coarse Grains Supply & Use.....................................................................20 

World Corn Supply & Use....................................................................................22 

World Rice Supply & Use.....................................................................................24 

World Cotton Supply & Use .................................................................................26 

World Soybean Supply & Use..............................................................................28 

World Soybean Meal Supply & Use .....................................................................29 

World Soybean Oil Supply & Use ........................................................................30 

U.S. Quarterly Animal Product Production...........................................................31 

U.S. Quarterly Prices for Animal Products ...........................................................31 

U.S. Meats Supply and Use.................................................................................32 

U.S. Egg Supply & Use........................................................................................33 

U.S. Milk Supply and Use ....................................................................................33 

U.S. Dairy Prices .................................................................................................34 

Reliability Tables .................................................................................................35 

Related USDA Reports........................................................................................38 

Metric Conversion Factors...................................................................................38 

Electronic Access and Subscriptions ...................................................................40 
 WASDE-469-8 

 

 World and U.S. Supply and Use for Grains 1/ 

 Million Metric Tons 

=============================================================================== 

 : : Total : : Total : Ending 

 Commodity : Output : Supply : Trade 2/ : Use : Stocks 

=============================================================================== 

 : 

 : World 

Total grains 3/ : 

 2006/07 : 2,000.81 2,390.15 260.29 2,048.19 341.96 

 2007/08 (Est.) : 2,117.42 2,459.38 274.72 2,098.84 360.54 

 2008/09 (Proj.) : 

 March : 2,225.47 2,583.92 256.08 2,154.78 429.14 

 April : 2,220.71 2,581.25 259.84 2,150.92 430.33 

Wheat : 

 2006/07 : 595.62 743.38 111.58 615.19 128.18 

 2007/08 (Est.) : 609.06 737.24 116.95 614.86 122.38 

 2008/09 (Proj.) : 

 March : 684.43 804.56 125.34 648.71 155.85 

 April : 682.05 804.44 128.04 646.33 158.10 

Coarse grains 4/ : 

 2006/07 : 984.76 1,150.67 117.39 1,011.79 138.89 

 2007/08 (Est.) : 1,076.44 1,215.32 126.94 1,055.71 159.61 

 2008/09 (Proj.) : 

 March : 1,100.09 1,259.86 101.42 1,072.63 187.22 

 April : 1,097.55 1,257.17 102.47 1,071.06 186.10 

Rice, milled : 

 2006/07 : 420.43 496.10 31.32 421.21 74.90 

 2007/08 (Est.) : 431.92 506.82 30.83 428.27 78.54 

 2008/09 (Proj.) : 

 March : 440.95 519.50 29.33 433.43 86.07 

 April : 441.10 519.64 29.33 433.52 86.13 

 : 

 : United States 

Total grains 3/ : 

 2006/07 : 335.48 413.69 85.99 277.84 49.85 

 2007/08 (Est.) : 412.03 469.21 107.73 307.15 54.32 

 2008/09 (Proj.) : 

 March : 400.63 461.94 76.54 316.39 69.01 

 April : 400.63 462.07 76.52 318.05 67.50 

Wheat : 

 2006/07 : 49.22 68.08 24.73 30.94 12.41 

 2007/08 (Est.) : 55.82 71.30 34.40 28.57 8.32 

 2008/09 (Proj.) : 

 March : 68.03 79.61 26.67 33.56 19.39 

 April : 68.03 79.75 26.67 34.13 18.95 

Coarse grains 4/ : 

 2006/07 : 280.00 337.32 58.34 242.80 36.17 

 2007/08 (Est.) : 349.86 389.54 69.88 274.60 45.06 

 2008/09 (Proj.) : 

 March : 326.09 374.29 46.87 278.77 48.65 

 April : 326.09 374.29 46.84 279.61 47.84 

Rice, milled : 

 2006/07 : 6.27 8.29 2.92 4.10 1.27 

 2007/08 (Est.) : 6.34 8.37 3.45 3.98 0.94 

 2008/09 (Proj.) : 

 March : 6.52 8.03 3.01 4.06 0.97 

 April : 6.52 8.03 3.01 4.31 0.71 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Based on export estimate. See 

individual commodity tables for treatment of export/import imbalances. 3/ 

Wheat, coarse grains and milled rice. 4/ Corn, sorghum, barley, oats, rye, 

millet and mixed grains (for U.S. excludes millet and mixed grains). 
 WASDE-469-9 

 

 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/ : 

 2006/07 : 1,665.33 1,976.46 174.30 1,770.35 292.11 

 2007/08 (Est.) : 1,705.39 1,990.18 166.99 1,791.69 306.21 

 2008/09 (Proj.) : 

 March : 1,824.84 2,121.98 179.53 1,838.39 360.13 

 April : 1,820.08 2,119.18 183.32 1,832.86 362.83 

Wheat : 

 2006/07 : 546.40 675.30 86.85 584.25 115.77 

 2007/08 (Est.) : 553.24 665.94 82.55 586.29 114.06 

 2008/09 (Proj.) : 

 March : 616.40 724.95 98.67 615.16 136.46 

 April : 614.03 724.68 101.36 612.20 139.15 

Coarse grains 5/ : 

 2006/07 : 704.76 813.36 59.05 768.99 102.71 

 2007/08 (Est.) : 726.58 825.79 57.06 781.11 114.56 

 2008/09 (Proj.) : 

 March : 774.00 885.56 54.55 793.86 138.57 

 April : 771.46 882.88 55.63 791.46 138.26 

Rice, milled : 

 2006/07 : 414.16 487.81 28.40 417.10 73.63 

 2007/08 (Est.) : 425.58 498.45 27.38 424.30 77.60 

 2008/09 (Proj.) : 

 March : 434.44 511.47 26.32 429.38 85.10 

 April : 434.59 511.62 26.33 429.21 85.42 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Based on export estimate. See 

individual commodity tables for treatment of export/import imbalances. 3/ 

Total foreign is equal to world minus United States. 4/ Wheat, coarse grains 

and milled rice. 5/ Corn, sorghum, barley, oats, rye, millet and mixed 

grains. 

 

 World and U.S. Supply and Use for Cotton 1/ 

 Million 480-lb. bales 

=============================================================================== 

 : : Total : : Total : Ending 

 Commodity : Output : Supply : Trade 2/ : Use : Stocks 

=============================================================================== 

 : 

 : World 

 2006/07 : 121.99 184.20 37.10 123.43 62.82 

 2007/08 (Est.) : 120.60 183.42 38.42 122.69 62.40 

 2008/09 (Proj.) : 

 March : 108.65 171.17 29.05 111.11 62.55 

 April : 108.34 170.74 28.61 109.80 63.43 

 : United States 

 2006/07 : 21.59 27.68 13.01 4.94 9.48 

 2007/08 (Est.) : 19.21 28.70 13.65 4.58 10.04 

 2008/09 (Proj.) : 

 March : 13.04 23.09 12.00 3.75 7.30 

 April : 12.83 22.88 12.50 3.65 6.70 

 : Foreign 3/ 

 2006/07 : 100.40 156.53 24.09 118.50 53.34 

 2007/08 (Est.) : 101.39 154.72 24.77 118.11 52.36 

 2008/09 (Proj.) : 

 March : 95.61 148.08 17.05 107.36 55.25 

 April : 95.51 147.86 16.11 106.15 56.73 

=============================================================================== 

1/ Marketing year beginning August 1. 2/ Based on export estimate. 3/ Total 

Foreign is equal to world minus United States. See global cotton tables for 

treatment of export/import imbalances. 
 WASDE-469-10 

 

 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 : 

 2006/07 : 404.40 469.25 83.56 328.65 73.32 

 2007/08 (Est.) : 391.53 464.85 92.73 338.37 62.39 

 2008/09 (Proj.) : 

 March : 407.74 470.26 91.21 341.26 62.68 

 April : 403.51 465.90 90.39 341.17 58.55 

Oilmeals : 

 2006/07 : 224.52 232.46 68.42 222.72 7.97 

 2007/08 (Est.) : 231.10 239.07 71.24 229.97 7.47 

 2008/09 (Proj.) : 

 March : 231.17 238.61 70.33 231.12 6.59 

 April : 230.95 238.42 70.22 230.73 6.70 

Vegetable Oils : 

 2006/07 : 121.62 132.28 48.29 121.62 9.98 

 2007/08 (Est.) : 128.19 138.17 52.04 126.12 9.99 

 2008/09 (Proj.) : 

 March : 132.70 142.63 52.42 130.54 10.58 

 April : 133.04 143.03 53.09 131.41 10.29 

 : 

 : United States 

Oilseeds : 

 2006/07 : 96.84 112.08 31.65 53.48 17.02 

 2007/08 (Est.) : 82.45 100.74 33.11 53.43 6.91 

 2008/09 (Proj.) : 

 March : 89.10 97.29 33.37 48.92 6.66 

 April : 89.10 97.38 33.96 48.71 6.05 

Oilmeals : 

 2006/07 : 41.51 43.57 8.26 34.92 0.39 

 2007/08 (Est.) : 40.86 43.23 8.74 34.16 0.33 

 2008/09 (Proj.) : 

 March : 37.72 40.15 7.94 31.88 0.33 

 April : 37.49 39.92 7.94 31.65 0.33 

Vegetable Oils : 

 2006/07 : 10.41 14.75 1.33 11.66 1.75 

 2007/08 (Est.) : 10.52 15.38 1.68 12.21 1.49 

 2008/09 (Proj.) : 

 March : 9.66 14.50 0.98 11.93 1.59 

 April : 9.59 14.60 1.10 11.86 1.64 

 : 

 : Foreign 3/ 

Oilseeds : 

 2006/07 : 307.56 357.17 51.91 275.17 56.29 

 2007/08 (Est.) : 309.08 364.11 59.61 284.95 55.48 

 2008/09 (Proj.) : 

 March : 318.65 372.97 57.84 292.34 56.02 

 April : 314.41 368.51 56.44 292.47 52.50 

Oilmeals : 

 2006/07 : 183.01 188.89 60.15 187.80 7.58 

 2007/08 (Est.) : 190.24 195.84 62.50 195.82 7.14 

 2008/09 (Proj.) : 

 March : 193.45 198.46 62.39 199.24 6.26 

 April : 193.47 198.50 62.28 199.08 6.36 

Vegetable Oils : 

 2006/07 : 111.21 117.54 46.95 109.96 8.23 

 2007/08 (Est.) : 117.67 122.79 50.36 113.91 8.50 

 2008/09 (Proj.) : 

 March : 123.04 128.13 51.43 118.61 8.99 

 April : 123.45 128.43 51.99 119.55 8.65 

=============================================================================== 

1/ Aggregate of local marketing years with Brazil and Argentina on an 

Oct.-Sept. year. 2/ Crush only for oilseeds. 3/ Total foreign is equal to 

world minus United States. 
 WASDE-469-11 

 

 U.S. Wheat Supply and Use 1/ 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :============================== 

 : : Est. : March April 

=============================================================================== 

Area : Million acres 

 Planted : 57.3 60.5 63.1 63.1 

 Harvested : 46.8 51.0 55.7 55.7 

Yield per harvested : Bushels 

 acre : 38.6 40.2 44.9 44.9 

 : Million bushels 

Beginning stocks : 571 456 306 306 

Production : 1,808 2,051 2,500 2,500 

Imports : 122 113 120 125 

 Supply, total : 2,501 2,620 2,925 2,930 

Food : 938 947 925 925 

Seed : 82 88 78 79 

Feed and residual : 117 15 230 250 

 Domestic, total : 1,137 1,050 1,233 1,254 

Exports : 908 1,264 980 980 

 Use, total : 2,045 2,314 2,213 2,234 

Ending stocks : 456 306 712 696 

 CCC inventory : 41 0 0 0 

 Free stocks : 415 306 712 696 

 Outstanding loans : 14 1 10 10 

Avg. farm price ($/bu) 2/ : 4.26 6.48 6.70- 6.90 6.80- 6.90 

=============================================================================== 

 

 U.S. Wheat by Class: Supply and Use 

=============================================================================== 

 Year beginning : Hard : Hard : Soft : : : 

 June 1 : Winter : Spring : Red : White : Durum : Total 

=============================================================================== 

2007/08 (estimated) : Million bushels 

Beginning stocks : 165 117 109 44 21 456 

Production : 956 450 352 221 72 2,051 

 Supply, total 3/ : 1,121 615 475 275 134 2,620 

Domestic use : 446 242 211 68 84 1,050 

Exports : 538 305 209 170 42 1,264 

 Use, total : 984 547 420 238 126 2,314 

Ending stocks, total : 138 68 55 37 8 306 

 : 

2008/09 (projected) : 

Beginning stocks : 138 68 55 37 8 306 

Production : 1,035 512 614 254 85 2,500 

 Supply, total 3/ : 1,174 632 695 298 132 2,930 

Domestic use : 463 253 346 106 86 1,254 

Exports : 435 205 190 130 20 980 

 Use, total : 898 458 536 236 106 2,234 

 Ending stocks, total : 

 April : 276 173 159 62 26 696 

 March : 278 182 158 62 33 712 

=============================================================================== 

Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1. 

2/ Marketing-year weighted average price received by farmers. 3/ Includes 

imports. 
 WASDE-469-12 

 

 U.S. Feed Grain and Corn Supply and Use 1/ 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :============================== 

 : : Est. : March April 

=============================================================================== 

FEED GRAINS : 

Area : Million acres 

 Planted : 92.5 109.0 101.7 101.7 

 Harvested : 80.1 98.3 91.1 91.1 

Yield per harvested : Metric tons 

 acre : 3.49 3.56 3.58 3.58 

 : Million metric tons 

Beginning stocks : 54.7 36.2 45.1 45.1 

Production : 279.8 349.7 325.9 325.9 

Imports : 2.4 3.3 3.0 3.0 

 Supply, total : 337.0 389.2 374.0 374.0 

Feed and residual : 148.1 157.8 143.9 145.0 

Food, seed & industrial : 94.4 116.5 134.6 134.3 

 Domestic, total : 242.5 274.3 278.5 279.3 

Exports : 58.3 69.9 46.9 46.8 

 Use, total : 300.8 344.1 325.3 326.1 

Ending stocks, total : 36.2 45.1 48.6 47.8 

 CCC inventory : 0.0 0.0 0.0 0.0 

 Free stocks : 36.2 45.1 48.6 47.8 

 Outstanding loans : 3.0 2.7 5.1 5.1 

 : 

CORN : 

Area : Million acres 

 Planted : 78.3 93.5 86.0 86.0 

 Harvested : 70.6 86.5 78.6 78.6 

Yield per harvested : Bushels 

 acre : 149.1 150.7 153.9 153.9 

 : Million bushels 

Beginning stocks : 1,967 1,304 1,624 1,624 

Production : 10,531 13,038 12,101 12,101 

Imports : 12 20 15 15 

 Supply, total : 12,510 14,362 13,740 13,740 

Feed and residual : 5,591 5,938 5,300 5,350 

Food, seed & industrial : 3,490 4,363 5,000 4,990 

 Ethanol for fuel 2/ : 2,119 3,026 3,700 3,700 

 Domestic, total : 9,081 10,302 10,300 10,340 

Exports : 2,125 2,436 1,700 1,700 

 Use, total : 11,207 12,737 12,000 12,040 

Ending stocks, total : 1,304 1,624 1,740 1,700 

 CCC inventory : 0 0 0 0 

 Free stocks : 1,304 1,624 1,740 1,700 

 Outstanding loans : 116 106 200 200 

Avg. farm price ($/bu) 3/ : 3.04 4.20 3.90- 4.30 4.00- 4.40 

=============================================================================== 

Note: Totals may not add due to rounding. 1/ Marketing year beginning 

September 1 for corn and sorghum; June 1 for barley and oats. 2/ For a further 

breakout of FSI corn uses including ethanol, see the ERS Feed Outlook table 5, 

or Feed Grains Database at "www.ers.usda.gov/db/feedgrains." 3/ Marketing-year 

weighted average price received by farmers. 
 WASDE-469-13 

 

 U.S. Sorghum, Barley and Oats Supply and Use 1/ 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :============================== 

 : : Est. : March April 

=============================================================================== 

 : Million bushels 

SORGHUM : 

Area planted (mil. acres) : 6.5 7.7 8.3 8.3 

Area harv. (mil. acres) : 4.9 6.8 7.3 7.3 

Yield (bushels/acre) : 56.1 73.2 65.0 65.0 

Beginning stocks : 66 32 53 53 

Production : 277 497 472 472 

Imports : 0 0 0 0 

 Supply, total : 343 530 525 525 

Feed and residual : 113 164 220 220 

Food, seed & industrial : 45 35 110 110 

 Total domestic : 158 199 330 330 

Exports : 153 278 130 130 

 Use, total : 311 477 460 460 

Ending stocks, total : 32 53 65 65 

Avg. farm price ($/bu) 2/ : 3.29 4.08 3.05- 3.35 3.15- 3.45 

 : 

BARLEY : 

Area planted (mil. acres) : 3.5 4.0 4.2 4.2 

Area harv. (mil. acres) : 3.0 3.5 3.8 3.8 

Yield (bushels/acre) : 61.1 60.0 63.6 63.6 

Beginning stocks : 108 69 68 68 

Production : 180 210 239 239 

Imports : 12 32 30 30 

 Supply, total : 300 311 338 338 

Feed and residual : 49 32 70 65 

Food, seed & industrial : 162 169 170 170 

 Total domestic : 211 201 240 235 

Exports : 20 41 15 14 

 Use, total : 231 242 255 249 

Ending stocks, total : 69 68 83 89 

Avg. farm price ($/bu) 2/ : 2.85 4.02 5.10- 5.30 5.20- 5.30 

 : 

OATS : 

Area planted (mil. acres) : 4.2 3.8 3.2 3.2 

Area harv. (mil. acres) : 1.6 1.5 1.4 1.4 

Yield (bushels/acre) : 59.8 60.1 63.5 63.5 

Beginning stocks : 53 51 67 67 

Production : 94 90 89 89 

Imports : 106 123 115 115 

 Supply, total : 252 264 270 270 

Feed and residual : 125 120 125 120 

Food, seed & industrial : 74 74 75 75 

 Total domestic : 199 195 200 195 

Exports : 3 3 3 3 

 Use, total : 202 198 203 198 

Ending stocks, total : 51 67 67 72 

Avg. farm price ($/bu) 2/ : 1.87 2.63 3.05- 3.25 3.10- 3.20 

=============================================================================== 

Note: Totals may not add due to rounding. 1/ Marketing year beginning 

September 1 for sorghum, June 1 for barley and oats. 2/ Marketing-year 

weighted average price received by farmers. 
 WASDE-469-14 

 

 U.S. Rice Supply and Use 1/ 

 (Rough Equivalent of Rough and Milled Rice) 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :============================== 

 : : Est. : March April 

=============================================================================== 

TOTAL : 

Area : Million acres 

 Planted : 2.84 2.76 3.00 3.00 

 Harvested : 2.82 2.75 2.98 2.98 

Yield per harvested : Pounds 

 acre : 6,898 7,219 6,846 6,846 

 : 

 : Million hundredweight 

 Beginning stocks 2/ : 43.0 39.3 29.4 29.4 

 Production : 194.6 198.4 203.7 203.7 

 Imports : 20.6 23.9 18.0 18.0 

 Supply, total : 258.2 261.6 251.2 251.2 

 Domestic & residual 3/ : 128.1 124.2 127.0 135.0 

 Exports, total 4/ : 90.8 107.9 94.0 94.0 

 Rough : 32.1 40.2 36.0 35.0 

 Milled (rough equiv.) : 58.7 67.8 58.0 59.0 

 Use, total : 218.8 232.2 221.0 229.0 

 Ending stocks : 39.3 29.4 30.2 22.2 

Avg. milling yield (%) 5/ : 71.0 70.5 70.5 70.5 

Avg. farm price ($/cwt) 6/ : 9.96 12.80 15.50-16.50 15.75-16.75 

 : 

LONG GRAIN : 

 Harvested acres (mil.) : 2.19 2.05 2.35 2.35 

 Yield (pounds/acre) : 6,727 6,980 6,522 6,522 

 Beginning stocks : 32.7 28.5 19.0 19.0 

 Production : 147.1 143.2 153.3 153.3 

 Supply, total 7/ : 194.0 189.4 187.3 187.3 

 Domestic & Residual 3/ : 93.4 88.5 95.0 104.0 

 Exports 8/ : 72.0 81.9 72.0 71.0 

 Use, total : 165.4 170.4 167.0 175.0 

 Ending stocks : 28.5 19.0 20.3 12.3 

 Avg. farm price ($/cwt) 6/ : 9.47 12.40 14.50-15.50 14.50-15.50 

 : 

MEDIUM & SHORT GRAIN : 

 Harvested acres (mil.) : 0.64 0.70 0.63 0.63 

 Yield (pounds/acre) : 7,484 7,924 8,063 8,063 

 Beginning stocks : 9.4 10.0 9.1 9.1 

 Production : 47.5 55.2 50.5 50.5 

 Supply, total 7/ : 63.4 70.8 62.6 62.6 

 Domestic & Residual 3/ : 34.6 35.7 32.0 31.0 

 Exports 8/ : 18.8 26.1 22.0 23.0 

 Use, total : 53.4 61.8 54.0 54.0 

 Ending stocks : 10.0 9.1 8.6 8.6 

 Avg. farm price ($/cwt) 6/ : 12.10 14.60 20.50-21.50 21.25-22.25 

=============================================================================== 

Note: Totals may not add due to rounding. 1/ Marketing year beginning August 

1. 2/ Includes the following quantities of broken kernel rice (type 

undetermined) not included in estimates of beginning stocks by type (in mil. 

cwt): 2006/07-0.9; 2007/08-0.8; 2008/09-1.3. 3/ Residual includes unreported 

use, processing losses, and estimating errors. Use by type may not add to 

total rice use because of the difference in brokens between beginning and 

ending stocks. 4/ Includes rough rice and milled rice exports. Milled rice 

exports are converted to an equivalent rough basis. 5/ Expressed as a percent, 

i.e., the total quantity of whole kernel and broken rice produced divided by 

the quantity of rough rice milled. 6/ Marketing-year weighted average price 

received by farmers. 7/ Includes imports. 8/ Exports by type of rice are 

estimated. 
 WASDE-469-15 

 

 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :=============================== 

 : : Est. : March April 

=============================================================================== 

SOYBEANS: : Million acres 

Area : 

 Planted : 75.5 64.7 75.7 75.7 

 Harvested : 74.6 64.1 74.6 74.6 

 : 

 : Bushels 

Yield per harvested : 

 acre : 42.9 41.7 39.6 39.6 

 : 

 : Million bushels 

 : 

Beginning stocks : 449 574 205 205 

Production : 3,197 2,677 2,959 2,959 

Imports : 9 10 9 12 

 Supply, total : 3,655 3,261 3,173 3,176 

Crushings : 1,808 1,801 1,640 1,635 

Exports : 1,116 1,161 1,185 1,210 

Seed : 80 93 90 94 

Residual : 77 0 73 73 

 Use, total : 3,081 3,056 2,988 3,011 

Ending stocks : 574 205 185 165 

Avg. farm price ($/bu) 2/ : 6.43 10.10 8.85- 9.85 9.25 -10.05 

 : 

 : 

 : Million pounds 

SOYBEAN OIL: : 

Beginning stocks : 3,010 3,085 2,483 2,483 

Production : 20,489 20,568 18,645 18,590 

Imports : 37 65 50 75 

 Supply, total : 23,536 23,718 21,178 21,148 

Domestic : 18,575 18,327 16,900 16,800 

 For methyl ester : 2,762 2,981 2,200 2,200 

Exports : 1,877 2,908 1,500 1,600 

 Use, total : 20,451 21,235 18,400 18,400 

Ending stocks : 3,085 2,483 2,778 2,748 

Average price (c/lb) 2/ : 31.02 52.03 28.50- 30.00- 

 : 31.50 32.00 

 : 

 : Thousand short tons 

SOYBEAN MEAL: : 

Beginning stocks : 314 346 294 294 

Production : 43,054 42,242 38,841 38,641 

Imports : 156 141 165 165 

 Supply, total : 43,524 42,729 39,300 39,100 

Domestic : 34,374 33,155 30,600 30,400 

Exports : 8,804 9,280 8,400 8,400 

 Use, total : 43,178 42,435 39,000 38,800 

Ending stocks : 346 294 300 300 

Average price ($/s.t.) 2/ : 205.44 335.94 265.00- 280.00- 

 : 305.00 300.00 

=============================================================================== 

Note: Reliability calculations at end of report. 1/ Marketing year beginning 

September 1 for soybeans; October 1 for soybean oil and meal. 2/ Prices: 

Soybeans, marketing year weighted average price received by farmers; for Oil, 

simple average of crude soybean oil, Decatur; for Meal, simple average of 48 

percent, Decatur. 
 WASDE-469-16 

 U.S. Sugar Supply and Use 1/ 

====================================================================== 

 : : : 2008/09 Projection 

 Item : 2006/07 : 2007/08 :====================== 

 : : Est. : March April 

====================================================================== 

 : 1,000 short tons, raw value 

 : 

Beginning stocks : 1,698 1,799 1,660 1,660 

Production : 8,446 8,152 7,630 7,629 

 Beet sugar : 5,008 4,721 4,200 4,260 

 Cane sugar : 3,438 3,431 3,430 3,369 

 Florida : 1,719 1,645 1,610 1,565 

 Hawaii : 222 182 225 225 

 Louisiana : 1,320 1,446 1,425 1,425 

 Texas : 177 158 170 154 

Imports : 2,080 2,620 2,531 2,806 

 TRQ 2/ : 1,624 1,354 1,496 1,496 

 Other program 3/ : 390 565 345 300 

 Other 4/ : 66 701 690 1,010 

 Mexico : 60 694 680 1,000 

 Total supply : 12,224 12,571 11,821 12,095 

 : 

Exports : 422 203 130 130 

Deliveries : 10,135 10,773 10,710 10,675 

 Food : 9,913 10,571 10,500 10,500 

 Other 5/ : 222 202 210 175 

Miscellaneous 6/ : -132 -65 0 0 

 Total use : 10,425 10,911 10,840 10,805 

Ending stocks : 1,799 1,660 981 1,290 

 : 

Stocks to use ratio : 17.3 15.2 9.0 11.9 

====================================================================== 

1/ Fiscal years beginning Oct 1. Historical data are from "Sweetener 

Market Data" (SMD) except imports (U.S. Customs Service, Census Bureau). 

2/ For 2008/09, includes tariff rate quota shortfall of 130,000 tons. 

3/ Includes sugar under the re-export and polyhydric alcohol programs. 

4/ Does not include Mexico TRQ imports. For 2006/07, other high-tier 

(0) and other (6). For 2007/08, other high-tier (7) and other (0). 

For 2008/09, other high-tier (10) and other (0). 5/ Transfers to 

sugar-containing products for reexport, and for nonedible alcohol and 

feed. 6/ Includes SMD miscellaneous uses and the difference between 

SMD imports and WASDE imports. 

 Mexico Sugar Supply and Use 1/ 

========================================================================== 

 : Supply : Use : 

 Fiscal :====================================================: Ending 

 year : Beginning : Production: Imports : Domestic: Exports: stocks 

 : stocks : : : 2/ : : 

========================================================================== 

 1,000 metric tons, raw value 

Sugar 

2007/08 est. 

 Mar 1,718 5,852 226 5,731 677 1,388 

 Apr 1,718 5,852 226 5,504 677 1,615 

2008/09 proj. 

 Mar 1,388 5,850 115 5,780 620 953` 

 Apr 1,615 5,850 400 5,780 910 1,175 

========================================================================== 

1/ U.S. HFCS exports to Mexico (metric tons, dry-weight basis): Oct-Sep 

2007/08 = 427,705; Oct-Jan 2007/08 = 135,903; Oct-Jan 2008/09 = 100,393. 

Footnote source: U.S. Census Bureau. 2/ Includes domestic consumption and 

Mexico's products export program (IMMEX).
 WASDE-469-17 

 

 U. S. Cotton Supply and Use 1/ 

=============================================================================== 

 : : : 2008/09 Projections 

 Item : 2006/07 : 2007/08 :=============================== 

 : : Est. : March April 

=============================================================================== 

 : Million acres 

Area : 

 Planted : 15.27 10.83 9.47 9.47 

 Harvested : 12.73 10.49 7.73 7.73 

 : 

 : Pounds 

Yield per harvested : 

 acre : 814 879 810 797 

 : 

 : Million 480 pound bales 

 : 

Beginning stocks 2/ : 6.07 9.48 10.04 10.04 

Production : 21.59 19.21 13.04 12.83 

Imports : 0.02 0.01 0.01 0.01 

 Supply, total : 27.68 28.70 23.09 22.88 

Domestic use : 4.94 4.58 3.75 3.65 

Exports : 13.01 13.65 12.00 12.50 

 Use, total : 17.95 18.24 15.75 16.15 

Unaccounted 3/ : 0.25 0.42 0.04 0.03 

Ending stocks : 9.48 10.04 7.30 6.70 

 : 

Avg. farm price 4/ : 46.5 59.3 46.0-52.0 47.0-51.0 

=============================================================================== 

Note: Reliability calculations at end of report. 

1/ Upland and extra-long staple; marketing year beginning August 1. Totals may 

not add due to rounding. 2/ Based on Bureau of Census data. 3/ Reflects the 

difference between the previous season's supply less total use and ending 

stocks based on Bureau of Census data. 4/ Cents per pound for upland cotton. 

=============================================================================== 
 WASDE-469-18 

 

 World Wheat Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2006/07 

 : 

World 3/ : 147.76 595.62 114.02 106.16 615.19 111.58 128.18 

United States : 15.55 49.22 3.32 3.19 30.94 24.73 12.41 

Total foreign : 132.21 546.40 110.70 102.98 584.25 86.85 115.77 

 Major exporters 4/ : 43.21 176.96 5.56 69.82 146.85 52.54 26.34 

 Argentina : 0.50 16.00 0.01 0.08 4.90 10.50 1.11 

 Australia : 9.62 10.82 0.09 4.70 7.40 8.73 4.41 

 Canada : 9.70 25.27 0.32 4.84 9.05 19.43 6.80 

 EU-27 5/ : 23.39 124.87 5.14 60.20 125.50 13.87 14.03 

 Major importers 6/ : 59.56 174.69 55.31 7.70 220.58 5.68 63.30 

 Brazil : 1.00 2.23 8.05 0.20 10.30 0.00 0.98 

 China : 34.39 108.47 0.38 4.00 102.00 2.78 38.45 

 Select. Mideast 7/ : 6.82 20.06 10.52 1.55 30.30 0.55 6.54 

 N. Africa 8/ : 10.51 18.58 16.30 0.25 33.90 0.26 11.23 

 Pakistan : 3.25 21.28 0.07 0.40 21.90 0.70 1.99 

 Southeast Asia 9/ : 2.20 0.00 10.65 0.90 9.98 0.42 2.46 

 Selected other : 

 India : 2.00 69.35 6.72 0.30 73.36 0.20 4.50 

 FSU-12 : 13.00 84.98 5.96 21.65 72.53 22.54 8.86 

 Russia : 3.81 44.90 0.86 14.10 36.40 10.79 2.38 

 Kazakhstan : 3.01 13.50 0.03 2.70 7.50 8.09 0.95 

 Ukraine : 2.41 14.00 0.08 2.10 11.70 3.37 1.43 

 : 

 : 2007/08 (Estimated) 

 : 

World 3/ : 128.18 609.06 113.20 94.11 614.86 116.95 122.38 

United States : 12.41 55.82 3.07 0.41 28.57 34.40 8.32 

Total foreign : 115.77 553.24 110.14 93.70 586.29 82.55 114.06 

 Major exporters 4/ : 26.34 170.13 7.45 58.08 135.35 47.09 21.47 

 Argentina : 1.11 16.80 0.00 0.08 5.13 11.18 1.60 

 Australia : 4.41 13.84 0.11 3.50 6.20 7.50 4.65 

 Canada : 6.80 20.05 0.39 2.06 6.29 16.14 4.82 

 EU-27 5/ : 14.03 119.44 6.94 52.44 117.74 12.27 10.40 

 Major importers 6/ : 63.30 175.24 58.09 8.52 222.80 8.80 65.04 

 Brazil : 0.98 3.83 6.71 0.10 10.30 0.77 0.45 

 China : 38.45 109.30 0.05 6.00 104.00 2.84 40.96 

 Select. Mideast 7/ : 6.54 20.37 9.37 1.00 29.36 0.55 6.37 

 N. Africa 8/ : 11.23 13.95 21.74 0.20 35.49 0.25 11.18 

 Pakistan : 1.99 23.30 1.49 0.40 22.40 2.20 2.18 

 Southeast Asia 9/ : 2.46 0.00 9.90 0.42 9.58 0.60 2.18 

 Selected other : 

 India : 4.50 75.81 1.88 0.20 75.73 0.05 6.41 

 FSU-12 : 8.86 92.69 6.02 23.63 75.56 21.88 10.13 

 Russia : 2.38 49.40 0.44 15.05 37.70 12.22 2.30 

 Kazakhstan : 0.95 16.60 0.04 2.70 7.50 8.18 1.91 

 Ukraine : 1.43 13.90 0.33 3.10 12.90 1.24 1.53 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use 

adjusted to reflect the differences in world imports and exports. 3/ World 

imports and exports may not balance due to differences in marketing years, 

grain in transit, and reporting discrepancies in some countries. 4/ Argentina, 

Australia, Canada, and the EU-27. 5/ Trade excludes intra-trade. 6/ Brazil, 

China, Japan, Mexico, N. Africa, Pakistan, selected Middle East, and Southeast 

Asia. 7/ Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, 

United Arab Emirates, and Oman. 8/ Algeria, Egypt, Libya, Morocco, and 

Tunisia. 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. 
 WASDE-469-19 

 

 World Wheat Supply and Use 1/ (Cont'd.) 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2008/09 (Projected) 

World 3/ : 

 March : 120.14 684.43 124.52 119.68 648.71 125.34 155.85 

 April : 122.38 682.05 126.96 118.02 646.33 128.04 158.10 

United States : 

 March : 8.32 68.03 3.27 6.26 33.56 26.67 19.39 

 April : 8.32 68.03 3.40 6.80 34.13 26.67 18.95 

Total foreign : 

 March : 111.81 616.40 121.26 113.42 615.16 98.67 136.46 

 April : 114.06 614.03 123.56 111.22 612.20 101.36 139.15 

 Major exporters 4/ : 

 March : 20.17 208.77 6.48 69.33 149.26 56.00 30.16 

 April : 21.47 208.77 6.98 67.33 147.26 57.00 32.96 

 Argentina Mar : 0.30 8.40 0.03 0.08 5.08 3.50 0.15 

 Apr : 1.60 8.40 0.03 0.08 5.08 4.50 0.45 

 Australia Mar : 4.65 21.50 0.08 3.75 6.45 14.00 5.78 

 Apr : 4.65 21.50 0.08 3.75 6.45 14.00 5.78 

 Canada Mar : 4.82 28.61 0.38 3.50 8.23 19.00 6.58 

 Apr : 4.82 28.61 0.38 3.50 8.23 17.50 8.08 

 EU-27 5/ Mar : 10.40 150.26 6.00 62.00 129.50 19.50 17.66 

 Apr : 10.40 150.26 6.50 60.00 127.50 21.00 18.66 

 Major importers 6/ : 

 March : 64.90 175.04 66.00 12.75 229.02 6.58 70.34 

 April : 65.04 173.88 67.50 12.75 229.23 6.38 70.82 

 Brazil Mar : 0.45 5.80 6.00 0.40 10.75 0.80 0.70 

 Apr : 0.45 6.00 6.00 0.40 10.75 0.60 1.10 

 China Mar : 40.96 113.00 0.10 9.00 107.00 0.75 46.31 

 Apr : 40.96 113.00 0.20 9.00 107.00 0.75 46.41 

 Sel. Mideast 7/Mar : 6.36 13.91 17.95 1.65 30.60 0.55 7.06 

 Apr : 6.37 13.91 18.45 1.65 30.60 0.55 7.58 

 N. Africa 8/ Mar : 11.05 16.01 19.70 0.20 35.73 0.23 10.80 

 Apr : 11.18 14.59 20.60 0.20 35.93 0.23 10.21 

 Pakistan Mar : 2.18 21.50 2.80 0.40 22.60 2.40 1.48 

 Apr : 2.18 21.50 2.80 0.40 22.60 2.40 1.48 

 SE Asia 9/ Mar : 2.18 0.00 10.35 0.85 10.25 0.38 1.90 

 Apr : 2.18 0.00 10.35 0.85 10.25 0.38 1.90 

 Selected other : 

 India Mar : 6.41 78.60 0.00 0.10 77.60 0.20 7.21 

 Apr : 6.41 78.60 0.00 0.10 77.60 0.20 7.21 

 FSU-12 Mar : 10.13 115.54 6.33 27.18 81.18 31.79 19.03 

 Apr : 10.13 115.54 6.33 27.18 81.18 33.29 17.53 

 Russia Mar : 2.30 63.70 0.30 17.20 41.20 16.00 9.10 

 Apr : 2.30 63.70 0.30 17.20 41.20 16.50 8.60 

 Kazakhstan Mar : 1.91 12.50 0.10 2.70 7.50 5.20 1.81 

 Apr : 1.91 12.50 0.10 2.70 7.50 5.20 1.81 

 Ukraine Mar : 1.53 25.90 0.10 4.40 14.40 10.00 3.13 

 Apr : 1.53 25.90 0.10 4.40 14.40 11.00 2.13 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use 

adjusted to reflect the differences in world imports and exports. 3/ World 

imports and exports may not balance due to differences in marketing years, 

grain in transit, and reporting discrepancies in some countries. 4/ Argentina, 

Australia, Canada, and the EU-27. 5/ Trade excludes intra-trade. 6/ Brazil, 

China, Japan, Mexico, N. Africa, Pakistan, selected Middle East, and Southeast 

Asia. 7/ Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, 

United Arab Emirates, and Oman. 8/ Algeria, Egypt, Libya, Morocco, and 

Tunisia. 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. 
 WASDE-469-20 

 

 World Coarse Grain Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2006/07 

 : 

World 3/ : 165.91 984.76 113.07 633.82 1011.79 117.39 138.89 

United States : 54.77 280.00 2.55 148.16 242.80 58.34 36.17 

Total foreign : 111.14 704.76 110.51 485.67 768.99 59.05 102.71 

 Major exporters 4/ : 13.19 64.53 3.39 35.47 49.14 23.04 8.92 

 Argentina : 1.49 27.04 0.01 6.86 9.52 16.93 2.09 

 Australia : 2.90 6.58 0.02 4.74 5.99 1.97 1.56 

 Canada : 6.35 23.15 2.17 19.42 24.50 3.65 3.50 

 Major importers 5/ : 42.51 212.05 84.70 223.53 298.42 5.68 35.16 

 EU-27 6/ : 22.27 137.44 7.99 110.23 147.87 4.69 15.13 

 Japan : 1.74 0.18 19.67 14.88 19.82 0.00 1.76 

 Mexico : 3.34 29.14 11.06 23.40 39.93 0.22 3.39 

 N. Afr & Mideast 7/: 8.11 27.72 20.74 40.47 47.78 0.31 8.49 

 Saudi Arabia : 2.77 0.34 8.28 8.53 8.75 0.00 2.63 

 Southeast Asia 8/ : 2.12 16.86 3.77 14.80 20.56 0.46 1.73 

 South Korea : 1.38 0.33 8.80 6.96 9.16 0.00 1.35 

 Selected other : 

 Brazil : 3.17 53.18 1.66 36.25 43.30 10.95 3.75 

 China : 36.71 159.10 1.16 104.97 153.47 5.46 38.03 

 FSU-12 : 5.45 58.70 0.93 35.47 51.43 8.49 5.17 

 Russia : 1.33 30.20 0.34 18.60 28.60 1.65 1.62 

 Ukraine : 2.40 19.18 0.05 9.95 13.38 6.13 2.12 

 : 

 : 2007/08 (Estimated) 

 : 

World 3/ : 138.89 1076.44 125.46 652.85 1055.71 126.94 159.61 

United States : 36.17 349.86 3.50 157.89 274.60 69.88 45.06 

Total foreign : 102.71 726.58 121.96 494.97 781.11 57.06 114.56 

 Major exporters 4/ : 8.92 80.02 3.49 35.22 50.18 30.04 12.21 

 Argentina : 2.09 26.95 0.05 7.32 9.98 17.08 2.04 

 Australia : 1.56 11.55 0.01 5.12 6.42 4.38 2.32 

 Canada : 3.50 27.82 3.27 18.45 24.01 6.57 4.02 

 Major importers 5/ : 35.16 211.72 96.71 230.07 304.05 5.43 34.12 

 EU-27 6/ : 15.13 136.52 20.28 117.30 154.20 4.69 13.04 

 Japan : 1.76 0.20 19.21 14.31 19.34 0.00 1.83 

 Mexico : 3.39 30.78 10.97 23.66 40.43 0.11 4.61 

 N. Afr & Mideast 7/: 8.49 24.69 19.87 39.05 46.00 0.01 7.03 

 Saudi Arabia : 2.63 0.33 9.50 9.13 9.35 0.00 3.11 

 Southeast Asia 8/ : 1.73 18.77 3.13 15.30 21.26 0.61 1.76 

 South Korea : 1.35 0.35 9.39 7.10 8.98 0.00 2.11 

 Selected other : 

 Brazil : 3.75 61.34 0.91 38.25 45.39 7.64 12.98 

 China : 38.03 159.10 1.16 105.82 157.11 0.85 40.33 

 FSU-12 : 5.17 53.91 0.91 34.55 50.35 5.36 4.29 

 Russia : 1.62 29.33 0.52 18.73 28.88 1.21 1.38 

 Ukraine : 2.12 14.59 0.07 9.06 12.16 3.15 1.46 

=============================================================================== 

1/ Aggregate of local marketing years. Coarse grains include corn, sorghum, 

barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and 

mixed grains). 2/ Total foreign and world use adjusted to reflect the 

differences in world imports and exports. 3/ World imports and exports may not 

balance due to differences in marketing years, grain in transit, and reporting 

discrepancies in some countries. 4/ Argentina, Australia, Canada, and South 

Africa. 5/ The EU-27, Mexico, Japan, selected North Africa and Middle East, 

South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade. 7/ 

Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and 

Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. 
 WASDE-469-21 

 

 World Coarse Grain Supply and Use 1/ (Cont'd.) 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2008/09 (Projected) 

World 3/ : 

 March : 159.76 1100.09 101.32 642.54 1072.63 101.42 187.22 

 April : 159.61 1097.55 101.41 641.40 1071.06 102.47 186.10 

United States : 

 March : 45.06 326.09 3.15 143.95 278.77 46.87 48.65 

 April : 45.06 326.09 3.15 145.04 279.61 46.84 47.84 

Total foreign : 

 March : 114.70 774.00 98.17 498.59 793.86 54.55 138.57 

 April : 114.56 771.46 98.26 496.37 791.46 55.63 138.26 

 Major exporters 4/ : 

 March : 12.26 69.43 1.95 35.27 51.06 19.41 13.18 

 April : 12.21 68.73 1.95 34.87 50.65 19.33 12.91 

 Argentina Mar : 2.10 18.67 0.00 7.36 10.02 8.36 2.40 

 Apr : 2.04 17.97 0.00 6.96 9.62 8.26 2.14 

 Australia Mar : 2.31 11.06 0.00 5.87 7.23 4.18 1.96 

 Apr : 2.32 11.06 0.00 5.87 7.22 4.20 1.95 

 Canada Mar : 4.02 27.19 1.73 17.29 23.41 4.35 5.18 

 Apr : 4.02 27.19 1.73 17.29 23.41 4.35 5.18 

 Major importers 5/ : 

 March : 33.94 236.89 75.54 221.74 298.66 7.07 40.64 

 April : 34.12 236.81 74.74 220.54 297.52 7.17 40.96 

 EU-27 6/ Mar : 13.04 160.12 2.66 111.15 149.85 6.40 19.56 

 Apr : 13.04 160.12 2.66 111.15 149.85 6.40 19.56 

 Japan Mar : 1.83 0.18 19.54 14.61 19.74 0.00 1.80 

 Apr : 1.83 0.22 19.54 14.61 19.74 0.00 1.85 

 Mexico Mar : 4.41 32.18 10.03 24.54 41.51 0.10 5.00 

 Apr : 4.61 32.28 9.53 24.14 41.11 0.10 5.20 

 N Afr/M.East 7/Mar : 7.11 24.72 20.95 38.96 46.13 0.01 6.64 

 Apr : 7.03 24.33 21.15 38.67 45.80 0.01 6.70 

 Saudi Arabia Mar : 3.10 0.33 8.80 8.83 9.06 0.00 3.16 

 Apr : 3.11 0.34 8.80 8.83 9.06 0.00 3.19 

 S.-east Asia 8/Mar : 1.72 18.86 3.33 15.37 21.65 0.56 1.70 

 Apr : 1.76 19.01 2.83 14.86 21.24 0.66 1.69 

 South Korea Mar : 2.11 0.34 6.57 4.75 6.93 0.00 2.09 

 Apr : 2.11 0.34 6.57 4.75 6.93 0.00 2.09 

 Selected other : 

 Brazil Mar : 12.98 52.21 0.76 39.25 47.33 9.70 8.91 

 Apr : 12.98 53.21 0.76 39.25 47.33 9.70 9.91 

 China Mar : 39.86 173.10 1.13 110.83 160.23 0.68 53.18 

 Apr : 40.33 172.80 1.13 110.78 160.57 0.63 53.06 

 FSU-12 Mar : 4.29 78.14 0.64 40.43 57.72 13.69 11.67 

 Apr : 4.29 78.14 0.64 39.98 57.30 14.59 11.19 

 Russia Mar : 1.38 40.70 0.30 22.45 33.63 2.90 5.85 

 Apr : 1.38 40.70 0.30 22.00 33.20 3.30 5.88 

 Ukraine Mar : 1.46 26.22 0.05 10.45 13.97 10.10 3.66 

 Apr : 1.46 26.22 0.05 10.45 13.97 10.60 3.16 

=============================================================================== 

1/ Aggregate of local marketing years. Coarse grains include corn, sorghum, 

barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and 

mixed grains). 2/ Total foreign and world use adjusted to reflect the 

differences in world imports and exports. 3/ World imports and exports may not 

balance due to differences in marketing years, grain in transit, and reporting 

discrepancies in some countries. 4/ Argentina, Australia, Canada, and South 

Africa. 5/ The EU-27, Mexico, Japan, selected North Africa and Middle East, 

South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade. 7/ 

Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and 

Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. 
 WASDE-469-22 

 

 World Corn Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2006/07 

 : 

World 3/ : 124.67 711.05 90.81 477.71 726.98 93.80 108.74 

United States : 49.97 267.50 0.30 142.02 230.67 53.99 33.11 

Total foreign : 74.70 443.55 90.50 335.70 496.31 39.81 75.62 

 Major exporters 4/ : 3.46 29.80 1.13 9.20 15.30 15.78 3.32 

 Argentina : 1.16 22.50 0.01 4.80 6.70 15.31 1.66 

 South Africa : 2.31 7.30 1.12 4.40 8.60 0.47 1.66 

 Major importers 5/ : 18.01 99.24 54.32 110.66 153.96 1.33 16.29 

 Egypt : 0.65 6.15 4.83 8.60 10.70 0.00 0.92 

 EU-27 6/ : 9.46 53.83 7.06 49.20 62.30 0.66 7.38 

 Japan : 0.94 0.00 16.71 11.90 16.50 0.00 1.15 

 Mexico : 2.71 22.35 8.94 15.10 30.70 0.22 3.08 

 Southeast Asia 7/ : 2.10 16.81 3.76 14.75 20.50 0.44 1.73 

 South Korea : 1.38 0.07 8.74 6.91 8.83 0.00 1.35 

 Selected other : 

 Brazil : 3.02 51.00 1.41 34.50 41.00 10.84 3.59 

 Canada : 2.00 8.99 2.10 8.45 11.44 0.31 1.34 

 China : 35.26 151.60 0.02 104.00 145.00 5.27 36.60 

 FSU-12 : 1.66 12.85 0.52 10.51 12.14 1.12 1.77 

 Ukraine : 0.92 6.40 0.02 4.50 5.25 1.03 1.07 

 : 

 : 2007/08 (Estimated) 

 : 

World 3/ : 108.74 790.91 97.04 495.75 770.04 98.34 129.61 

United States : 33.11 331.18 0.51 150.83 261.67 61.87 41.26 

Total foreign : 75.62 459.73 96.53 344.91 508.37 36.47 88.36 

 Major exporters 4/ : 3.32 35.16 0.10 9.40 16.20 17.00 5.38 

 Argentina : 1.66 22.00 0.05 5.10 7.00 15.00 1.71 

 South Africa : 1.66 13.16 0.05 4.30 9.20 2.00 3.68 

 Major importers 5/ : 16.29 96.30 60.96 113.20 156.54 1.29 15.71 

 Egypt : 0.92 6.17 4.15 8.30 10.40 0.00 0.85 

 EU-27 6/ : 7.38 47.67 14.02 50.50 63.50 0.59 4.97 

 Japan : 1.15 0.00 16.61 11.80 16.50 0.00 1.26 

 Mexico : 3.08 23.60 9.56 16.20 32.00 0.11 4.13 

 Southeast Asia 7/ : 1.73 18.72 3.10 15.25 21.20 0.59 1.76 

 South Korea : 1.35 0.08 9.32 7.05 8.64 0.00 2.11 

 Selected other : 

 Brazil : 3.59 58.60 0.60 36.00 42.50 7.50 12.79 

 Canada : 1.34 11.65 3.18 10.18 13.77 0.94 1.46 

 China : 36.60 152.30 0.04 105.00 149.00 0.55 39.39 

 FSU-12 : 1.77 13.79 0.54 11.09 12.78 2.15 1.17 

 Ukraine : 1.07 7.40 0.02 5.00 5.70 2.07 0.72 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted 

to reflect the differences in world imports and exports. 3/ World imports and 

exports may not balance due to differences in marketing years, grain in 

transit, and reporting discrepancies in some countries. 4/ Argentina and South 

Africa. 5/ Egypt, the EU-27, Mexico, Japan, South Korea, Taiwan, and Southeast 

Asia. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, 

Thailand, and Vietnam. 
 WASDE-469-23 

 

 World Corn Supply and Use 1/ (Cont'd.) 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : Domestic 2/ : :stocks 

 :Beginning:Produc-: :===============: : 

 : stocks : tion :Imports: Feed : Total :Exports: 

=============================================================================== 

 : 

 : 2008/09 (Projected) 

World 3/ : 

 March : 129.96 787.10 74.59 477.41 772.45 74.08 144.62 

 April : 129.61 786.45 74.58 477.33 772.74 75.31 143.33 

United States : 

 March : 41.26 307.39 0.38 134.63 261.63 43.18 44.21 

 April : 41.26 307.39 0.38 135.90 262.65 43.18 43.19 

Total foreign : 

 March : 88.71 479.72 74.21 342.79 510.82 30.90 100.41 

 April : 88.36 479.07 74.20 341.44 510.09 32.13 100.14 

 Major exporters 4/ : 

 March : 5.38 25.50 0.10 9.50 16.50 9.50 4.98 

 April : 5.38 25.50 0.10 9.50 16.50 9.50 4.98 

 Argentina Mar : 1.71 13.50 0.00 4.80 6.70 7.00 1.51 

 Apr : 1.71 13.50 0.00 4.80 6.70 7.00 1.51 

 South Africa Mar : 3.68 12.00 0.10 4.70 9.80 2.50 3.48 

 Apr : 3.68 12.00 0.10 4.70 9.80 2.50 3.48 

 Major importers 5/ : 

 March : 15.47 111.56 43.30 105.60 151.07 2.64 16.62 

 April : 15.71 111.75 42.30 104.60 150.18 2.74 16.85 

 Egypt Mar : 0.85 6.18 4.00 8.00 10.30 0.00 0.72 

 Apr : 0.85 6.22 4.00 8.00 10.30 0.00 0.76 

 EU-27 6/ Mar : 4.97 61.36 2.00 46.50 60.50 2.00 5.83 

 Apr : 4.97 61.36 2.00 46.50 60.50 2.00 5.83 

 Japan Mar : 1.26 0.00 16.50 11.70 16.50 0.00 1.27 

 Apr : 1.26 0.00 16.50 11.70 16.50 0.00 1.27 

 Mexico Mar : 3.93 25.00 7.50 16.00 32.00 0.10 4.33 

 Apr : 4.13 25.00 7.00 15.50 31.50 0.10 4.53 

 S.-east Asia 7/Mar : 1.72 18.79 3.30 15.30 21.58 0.54 1.70 

 Apr : 1.76 18.95 2.80 14.80 21.18 0.64 1.69 

 South Korea Mar : 2.11 0.08 6.50 4.70 6.60 0.00 2.09 

 Apr : 2.11 0.08 6.50 4.70 6.60 0.00 2.09 

 Selected other : 

 Brazil Mar : 12.79 49.50 0.50 37.00 44.50 9.50 8.79 

 Apr : 12.79 50.50 0.50 37.00 44.50 9.50 9.79 

 Canada Mar : 1.46 10.60 1.60 7.50 11.50 0.50 1.66 

 Apr : 1.46 10.60 1.60 7.50 11.50 0.50 1.66 

 China Mar : 39.39 165.50 0.10 110.00 152.00 0.50 52.49 

 Apr : 39.39 165.50 0.10 110.00 152.00 0.50 52.49 

 FSU-12 Mar : 1.17 21.32 0.28 13.13 14.96 4.63 3.17 

 Apr : 1.17 21.32 0.28 13.13 14.96 5.53 2.27 

 Ukraine Mar : 0.72 11.40 0.03 5.40 6.10 4.00 2.04 

 Apr : 0.72 11.40 0.03 5.40 6.10 4.50 1.54 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted 

to reflect the differences in world imports and exports. 3/ World imports and 

exports may not balance due to differences in marketing years, grain in 

transit, and reporting discrepancies in some countries. 4/ Argentina and South 

Africa. 5/ Egypt, the EU-27, Mexico, Japan, South Korea, Taiwan, and Southeast 

Asia. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, 

Thailand, and Vietnam. 
 WASDE-469-24 

 

 World Rice Supply and Use (Milled Basis) 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:===================: Ending 

 Region : : : : : : stocks 

 :Beginning:Produc-: : Total 2/: : 

 : stocks : tion :Imports: Domestic: Exports : 

=============================================================================== 

 : 

 : 2006/07 

World 3/ : 75.68 420.43 28.52 421.21 31.32 74.90 

United States : 1.37 6.27 0.65 4.10 2.92 1.27 

Total foreign : 74.30 414.16 27.87 417.10 28.40 73.63 

 Major exporters 4/ : 15.73 139.97 0.45 117.70 22.42 16.03 

 India : 10.52 93.35 0.00 86.94 5.50 11.43 

 Pakistan : 0.30 5.45 0.00 2.21 2.84 0.70 

 Thailand : 3.59 18.25 0.00 9.78 9.56 2.51 

 Vietnam : 1.32 22.92 0.45 18.78 4.52 1.39 

 Major importers 5/ : 12.80 59.86 11.56 70.13 0.45 13.63 

 Brazil : 0.90 7.70 0.73 7.93 0.24 1.16 

 EU-27 6/ : 1.18 1.69 1.34 2.92 0.15 1.14 

 Indonesia : 3.21 35.30 2.00 35.90 0.00 4.61 

 Nigeria : 0.55 2.90 1.60 4.45 0.00 0.60 

 Philippines : 5.29 9.78 1.80 12.00 0.00 4.87 

 Sel. Mideast 7/ : 1.51 2.13 2.72 5.19 0.06 1.11 

 Selected other : 

 Burma : 0.70 10.60 0.00 10.67 0.03 0.60 

 C. Amer & Carib 8/ : 0.19 0.06 0.38 0.49 0.00 0.14 

 China : 36.78 127.20 0.47 127.20 1.34 35.92 

 Egypt : 0.36 4.38 0.10 3.27 1.21 0.37 

 Japan : 2.40 7.79 0.68 8.25 0.20 2.41 

 Mexico : 0.16 0.18 0.59 0.79 0.00 0.15 

 South Korea : 0.82 4.68 0.26 4.89 0.16 0.70 

 : 

 : 2007/08 (Estimated) 

World 3/ : 74.90 431.92 27.87 428.27 30.83 78.54 

United States : 1.27 6.34 0.76 3.98 3.45 0.94 

Total foreign : 73.63 425.58 27.11 424.30 27.38 77.60 

 Major exporters 4/ : 16.03 146.06 0.31 122.07 22.16 18.18 

 India : 11.43 96.69 0.00 90.62 4.50 13.00 

 Pakistan : 0.70 5.70 0.00 2.45 3.00 0.95 

 Thailand : 2.51 19.30 0.01 9.60 10.01 2.21 

 Vietnam : 1.39 24.38 0.30 19.40 4.65 2.02 

 Major importers 5/ : 13.63 61.93 10.96 73.10 0.67 12.76 

 Brazil : 1.16 8.20 0.40 8.38 0.50 0.88 

 EU-27 6/ : 1.14 1.68 1.57 3.11 0.15 1.12 

 Indonesia : 4.61 35.80 0.35 36.35 0.00 4.41 

 Nigeria : 0.60 3.00 1.55 4.65 0.00 0.50 

 Philippines : 4.87 10.48 2.70 13.50 0.00 4.55 

 Sel. Mideast 7/ : 1.11 2.38 3.04 5.30 0.02 1.20 

 Selected other : 

 Burma : 0.60 10.73 0.05 10.25 0.54 0.59 

 C. Amer & Carib 8/ : 0.14 0.06 0.43 0.55 0.00 0.08 

 China : 35.92 130.22 0.30 127.45 0.97 38.02 

 Egypt : 0.37 4.39 0.02 3.66 0.45 0.67 

 Japan : 2.41 7.93 0.60 8.18 0.20 2.56 

 Mexico : 0.15 0.18 0.58 0.76 0.01 0.14 

 South Korea : 0.70 4.41 0.25 4.68 0.00 0.68 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use 

adjusted to reflect the differences in world imports and exports. Total 

domestic includes both domestic use and unreported disappearance. 3/ World 

imports and exports may not balance due to differences in some countries. 

4/ India, Pakistan, Thailand, and Vietnam. 5/ Brazil, Indonesia, Hong Kong, 

Cote d'Ivoire, Nigeria, Philippines, selected Middle East, and the EU-27. 6/ 

Trade excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and 

Saudi Arabia. 8/ Central American and Caribbean countries. 
 WASDE-469-25 

 

 World Rice Supply and Use (Milled Basis) 1/ (Cont'd.) 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:===================: Ending 

 Region : : : : : : stocks 

 :Beginning:Produc-: : Total 2/: : 

 : stocks : tion :Imports: Domestic: Exports : 

=============================================================================== 

 : 

 : 2008/09 (Projected) 

World 3/ : 

 March : 78.55 440.95 26.90 433.43 29.33 86.07 

 April : 78.54 441.10 27.22 433.52 29.33 86.13 

United States : 

 March : 0.94 6.52 0.57 4.06 3.01 0.97 

 April : 0.94 6.52 0.57 4.31 3.01 0.71 

Total foreign : 

 March : 77.61 434.44 26.33 429.38 26.32 85.10 

 April : 77.60 434.59 26.65 429.21 26.33 85.42 

 Major exporters 4/ : 

 March : 18.16 148.10 0.31 123.64 20.70 22.23 

 April : 18.18 148.38 0.41 123.75 20.70 22.51 

 India Mar : 13.00 98.90 0.00 92.40 2.50 17.00 

 Apr : 13.00 98.90 0.00 92.40 2.50 17.00 

 Pakistan Mar : 0.95 6.30 0.00 2.70 4.00 0.55 

 Apr : 0.95 6.30 0.00 2.70 4.00 0.55 

 Thailand Mar : 2.20 19.40 0.01 9.50 9.00 3.11 

 Apr : 2.21 19.40 0.01 9.50 9.00 3.12 

 Vietnam Mar : 2.01 23.50 0.30 19.04 5.20 1.57 

 Apr : 2.02 23.78 0.40 19.15 5.20 1.84 

 Major importers 5/ : 

 March : 12.71 62.34 10.82 73.40 0.47 11.99 

 April : 12.76 62.30 10.94 73.32 0.47 12.21 

 Brazil Mar : 0.88 8.30 0.50 8.71 0.30 0.66 

 Apr : 0.88 8.50 0.63 8.81 0.30 0.89 

 EU-27 6/ Mar : 1.12 1.63 1.05 2.64 0.15 1.01 

 Apr : 1.12 1.63 1.05 2.64 0.15 1.01 

 Indonesia Mar : 4.36 36.25 0.80 36.85 0.00 4.56 

 Apr : 4.41 36.25 0.80 36.85 0.00 4.61 

 Nigeria Mar : 0.50 3.30 1.60 4.80 0.00 0.60 

 Apr : 0.50 3.30 1.60 4.80 0.00 0.60 

 Philippines Mar : 4.55 10.65 2.00 13.15 0.00 4.05 

 Apr : 4.55 10.59 2.00 13.15 0.00 3.99 

 Sel. Mideast 7/Mar : 1.20 1.59 3.76 5.47 0.02 1.06 

 Apr : 1.20 1.59 3.76 5.47 0.02 1.06 

 Selected other : 

 Burma Mar : 0.59 9.80 0.03 9.70 0.50 0.22 

 Apr : 0.59 9.80 0.03 9.70 0.50 0.22 

 C. Am & Car. 8/Mar : 0.08 0.05 0.39 0.47 0.00 0.05 

 Apr : 0.08 0.05 0.39 0.47 0.00 0.05 

 China Mar : 37.99 135.10 0.33 130.50 1.30 41.62 

 Apr : 38.02 135.10 0.33 130.50 1.30 41.65 

 Egypt Mar : 0.67 4.39 0.02 3.63 0.80 0.65 

 Apr : 0.67 4.39 0.02 3.63 0.80 0.65 

 Japan Mar : 2.69 8.00 0.70 8.23 0.20 2.96 

 Apr : 2.56 8.03 0.70 8.37 0.20 2.72 

 Mexico Mar : 0.17 0.21 0.60 0.83 0.01 0.14 

 Apr : 0.14 0.19 0.63 0.82 0.01 0.13 

 South Korea Mar : 0.68 4.84 0.28 4.66 0.00 1.15 

 Apr : 0.68 4.84 0.28 4.66 0.00 1.15 

=============================================================================== 

1/ Aggregate of local marketing years. 2/ Total foreign and world use 

adjusted to reflect the differences in world imports and exports. Total 

domestic includes both domestic use and unreported disappearance. 3/ World 

imports and exports may not balance due to differences in some countries. 

4/ India, Pakistan, Thailand, and Vietnam. 5/ Brazil, Indonesia, Hong Kong, 

Cote d'Ivoire, Nigeria, Philippines, selected Middle East, the EU-27. 6/ Trade 

excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and Saudi 

Arabia. 8/ Central American and Caribbean countries. 
 WASDE-469-26 

 

 World Cotton Supply and Use 1/ 

 (Million 480-pound bales) 

================================================================================ 

 : Supply : Use : : 

 Region :=========================:================: Loss : Ending 

 :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks 

 : stocks : tion : : : : : 

================================================================================ 

 : 

 : 2006/07 

 : 

World : 62.21 121.99 37.41 123.43 37.10 -1.74 62.82 

United States : 6.07 21.59 0.02 4.94 13.01 0.25 9.48 

Total foreign : 56.14 100.40 37.39 118.50 24.09 -1.99 53.34 

 Major exporters 4/ : 19.72 45.69 2.22 27.42 20.24 -0.19 20.17 

 Central Asia 5/ : 2.21 8.19 0.31 1.51 6.93 0.00 2.27 

 Afr. Fr. Zone 6/ : 1.48 3.64 3/ 0.19 3.81 0.00 1.13 

 S. Hemis. 7/ : 6.55 9.86 0.95 5.78 4.09 -0.20 7.69 

 Australia : 1.94 1.35 3/ 0.06 2.13 -0.07 1.18 

 Brazil : 3.62 7.00 0.52 4.57 1.30 -0.15 5.41 

 India : 8.06 21.80 0.47 18.10 4.57 0.00 7.66 

 Major importers 8/ : 34.20 51.62 32.42 86.43 2.47 -1.81 31.15 

 Mexico : 1.32 0.65 1.35 2.10 0.18 0.03 1.03 

 China : 22.54 35.50 10.59 50.00 0.09 -2.00 20.54 

 EU-27 9/ : 1.18 1.61 2.01 2.35 1.58 0.06 0.83 

 Russia : 0.22 3/ 1.40 1.40 0.00 0.00 0.22 

 Turkey : 1.73 3.80 4.03 7.30 0.30 0.00 1.95 

 Pakistan : 4.91 9.90 2.31 12.50 0.22 0.03 4.38 

 Indonesia : 0.37 0.03 2.20 2.18 0.02 0.05 0.35 

 Thailand : 0.41 0.02 1.91 1.95 0.00 0.03 0.35 

 Bangladesh : 0.46 0.06 2.48 2.48 0.00 0.01 0.51 

 : 

 : 2007/08 (Estimated) 

 : 

World : 62.82 120.60 38.04 122.69 38.42 -2.06 62.40 

United States : 9.48 19.21 0.01 4.58 13.65 0.42 10.04 

Total foreign : 53.34 101.39 38.02 118.11 24.77 -2.47 52.36 

 Major exporters 4/ : 20.17 47.23 1.47 27.78 21.26 -0.16 19.99 

 Central Asia 5/ : 2.27 8.40 0.04 1.61 6.50 0.00 2.60 

 Afr. Fr. Zone 6/ : 1.13 2.46 3/ 0.19 2.56 0.00 0.84 

 S. Hemis. 7/ : 7.69 9.30 0.53 5.83 3.94 -0.18 7.93 

 Australia : 1.18 0.62 3/ 0.05 1.22 -0.05 0.58 

 Brazil : 5.41 7.36 0.16 4.60 2.23 -0.15 6.25 

 India : 7.66 24.60 0.45 18.30 7.03 0.00 7.38 

 Major importers 8/ : 31.15 51.24 33.90 85.79 2.41 -2.31 30.40 

 Mexico : 1.03 0.62 1.53 2.00 0.22 0.03 0.93 

 China : 20.54 37.00 11.53 51.50 0.06 -2.50 20.00 

 EU-27 9/ : 0.83 1.51 1.57 1.78 1.37 0.05 0.70 

 Russia : 0.22 3/ 1.20 1.23 0.00 0.00 0.20 

 Turkey : 1.95 3.10 3.27 6.00 0.37 0.00 1.95 

 Pakistan : 4.38 8.90 3.91 12.50 0.27 0.03 4.39 

 Indonesia : 0.35 0.03 2.30 2.23 0.02 0.05 0.39 

 Thailand : 0.35 0.02 1.93 1.95 0.00 0.03 0.32 

 Bangladesh : 0.51 0.04 2.80 2.75 0.00 0.01 0.58 

================================================================================ 

1/ Marketing year beginning August 1. Totals may not add exactly and trade 

may not balance due to rounding and other factors. 2/ Generally reflects 

cotton lost or destroyed in the marketing channel; for Australia, Brazil, 

China, and the United States, reflects the difference between implicit stocks 

based on supply less total use and indicated ending stocks. 3/ Less than 

5,000 bales. 4/ Includes Egypt and Syria in addition to the countries and 

regions listed. 5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, 

Turkmenistan, and Uzbekistan. 6/ Benin, Burkino Faso, Cameroon, Central 

African Republic, Chad, Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ 

Argentina, Australia, Brazil, Paraguay, South Africa, and Zimbabwe. 8/ In 

addition to the countries and regions listed, includes Hong Kong, Japan, South 

Korea, Taiwan, and Vietnam. 9/ Includes intra-EU trade. 
 WASDE-469-27 

 

 World Cotton Supply and Use 1/ 

 (Million 480-pound bales) 

================================================================================ 

 : Supply : Use : : 

 Region :=========================:================: Loss : Ending 

 :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks 

 : stocks : tion : : : : : 

================================================================================ 

 : 

 : 2008/09 (Projected) 

World : 

 March : 62.52 108.65 29.09 111.11 29.05 -2.46 62.55 

 April : 62.40 108.34 28.64 109.80 28.61 -2.47 63.43 

United States : 

 March : 10.04 13.04 0.01 3.75 12.00 0.04 7.30 

 April : 10.04 12.83 0.01 3.65 12.50 0.03 6.70 

Total foreign : 

 March : 52.48 95.61 29.08 107.36 17.05 -2.50 55.25 

 April : 52.36 95.51 28.63 106.15 16.11 -2.50 56.73 

 Major exporters 4/ : 

 March : 19.94 43.41 1.45 25.99 14.23 -0.19 24.77 

 April : 19.99 43.50 1.37 25.99 13.42 -0.19 25.64 

 Central Asia 5/Mar : 2.55 7.47 0.05 1.65 4.40 0.00 4.01 

 Apr : 2.60 7.50 0.05 1.65 4.40 0.00 4.10 

 Afr. Fr. Zn. 6/Mar : 0.84 2.53 3/ 0.19 2.26 0.00 0.92 

 Apr : 0.84 2.53 3/ 0.19 2.26 0.00 0.92 

 S. Hemis 7/ Mar : 7.93 8.43 0.50 5.46 3.82 -0.20 7.78 

 Apr : 7.93 8.43 0.42 5.46 4.01 -0.20 7.51 

 Australia Mar : 0.58 1.40 3/ 0.05 1.15 -0.07 0.86 

 Apr : 0.58 1.40 3/ 0.05 1.20 -0.07 0.81 

 Brazil Mar : 6.25 5.80 0.18 4.30 2.25 -0.15 5.83 

 Apr : 6.25 5.80 0.10 4.30 2.40 -0.15 5.60 

 India Mar : 7.38 23.00 0.45 17.00 3.00 0.00 10.83 

 Apr : 7.38 23.00 0.45 17.00 2.00 0.00 11.83 

 Major importers 8/ : 

 March : 30.61 49.04 25.13 76.89 1.69 -2.31 28.50 

 April : 30.40 49.04 24.73 75.76 1.56 -2.31 29.16 

 Mexico Mar : 0.93 0.62 1.30 1.80 0.15 0.03 0.87 

 Apr : 0.93 0.62 1.30 1.80 0.15 0.03 0.87 

 China Mar : 20.00 35.80 7.00 46.50 0.10 -2.50 18.70 

 Apr : 20.00 35.80 7.00 45.50 0.10 -2.50 19.70 

 EU-27 9/ Mar : 0.70 1.19 1.18 1.33 0.85 0.05 0.83 

 Apr : 0.70 1.19 1.08 1.28 0.82 0.05 0.82 

 Russia Mar : 0.20 3/ 0.95 0.98 0.00 0.00 0.17 

 Apr : 0.20 3/ 0.95 0.98 0.00 0.00 0.17 

 Turkey Mar : 1.95 2.30 2.15 4.70 0.18 0.00 1.52 

 Apr : 1.95 2.30 2.15 4.70 0.15 0.00 1.55 

 Pakistan Mar : 4.60 9.00 2.50 11.50 0.35 0.03 4.23 

 Apr : 4.39 9.00 2.30 11.50 0.28 0.03 3.89 

 Indonesia Mar : 0.39 0.03 2.00 2.00 0.02 0.05 0.35 

 Apr : 0.39 0.03 2.00 2.00 0.02 0.05 0.35 

 Thailand Mar : 0.32 0.02 1.90 1.88 0.00 0.03 0.33 

 Apr : 0.32 0.02 1.80 1.80 0.00 0.03 0.30 

 Bangladesh Mar : 0.58 0.06 2.75 2.75 0.00 0.01 0.63 

 Apr : 0.58 0.06 2.75 2.75 0.00 0.01 0.63 

================================================================================ 

1/ Marketing year beginning August 1. Totals may not add exactly and trade 

may not balance due to rounding and other factors. 2/ Generally reflects 

cotton lost or destroyed in the marketing channel; for Australia, Brazil, and 

the United States, reflects the difference between implicit stocks based on 

supply less total use and indicated ending stocks. 3/ Less than 5,000 bales. 

4/ Includes Egypt and Syria in addition to the countries and regions listed. 

5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and 

Uzbekistan. 6/ Benin, Burkino Faso, Cameroon, Central African Republic, Chad, 

Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ Argentina, Australia, 

Brazil, Paraguay, South Africa, and Zimbabwe. 8/ In addition to the countries 

and regions listed, includes Hong Kong, Japan, South Korea, Taiwan, and 

Vietnam. 9/ Includes intra-EU trade. 
 WASDE-469-28 

 

 World Soybean Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:=======================:Ending 

 Region : : : : : :stocks 

 :Beginning:Produc-: : Domestic : : 

 : stocks : tion :Imports: Crush : Total :Exports: 

=============================================================================== 

 : 

 : 2006/07 

World 2/ : 53.11 237.44 69.16 195.90 225.52 71.50 62.69 

United States : 12.23 87.00 0.25 49.20 53.47 30.39 15.62 

Total foreign : 40.88 150.43 68.92 146.70 172.04 41.12 47.07 

 Major exporters 3/ : 33.27 114.00 2.05 66.24 70.80 37.54 40.98 

 Argentina : 16.47 48.80 1.99 33.59 35.09 9.56 22.61 

 Brazil : 16.64 59.00 0.05 31.11 34.02 23.49 18.19 

 Major importers 4/ : 5.82 18.53 55.41 59.33 74.89 0.52 4.35 

 China : 4.57 15.97 28.73 35.97 46.12 0.45 2.70 

 EU-27 : 0.73 1.23 15.29 14.67 16.09 0.05 1.12 

 Japan : 0.26 0.23 4.09 2.93 4.31 0.00 0.27 

 Mexico : 0.04 0.08 3.84 3.90 3.93 0.00 0.04 

 : 

 : 2007/08 (Estimated) 

World 2/ : 62.69 220.84 78.81 201.74 229.75 79.50 53.09 

United States : 15.62 72.86 0.27 49.02 51.57 31.60 5.58 

Total foreign : 47.07 147.98 78.55 152.72 178.18 47.90 47.51 

 Major exporters 3/ : 40.98 114.00 3.11 68.16 72.82 44.28 40.99 

 Argentina : 22.61 46.20 2.95 34.61 36.16 13.84 21.76 

 Brazil : 18.19 61.00 0.15 31.94 34.90 25.36 19.07 

 Major importers 4/ : 4.35 16.02 64.12 62.88 78.46 0.53 5.51 

 China : 2.70 14.00 37.82 39.52 49.82 0.45 4.25 

 EU-27 : 1.12 0.73 15.15 14.87 16.14 0.04 0.82 

 Japan : 0.27 0.23 4.01 2.89 4.22 0.00 0.29 

 Mexico : 0.04 0.08 3.65 3.70 3.74 0.00 0.03 

 : 

 : 2008/09 (Projected) 

World 2/ : 

 March : 53.19 223.27 74.03 195.34 225.74 74.81 49.95 

 April : 53.09 218.76 73.47 195.09 225.40 74.08 45.84 

United States : 

 March : 5.58 80.54 0.25 44.63 49.08 32.25 5.03 

 April : 5.58 80.54 0.33 44.50 49.03 32.93 4.48 

Total foreign : 

 March : 47.61 142.74 73.79 150.70 176.65 42.56 44.92 

 April : 47.51 138.23 73.14 150.59 176.37 41.15 41.36 

 Major exporters 3/ : 

 March : 41.11 104.00 1.97 66.47 71.20 39.00 36.87 

 April : 40.99 99.90 1.82 66.92 71.56 37.59 33.55 

 Argentina Mar : 21.77 43.00 1.90 33.72 35.30 11.70 19.67 

 Apr : 21.76 39.00 1.75 33.72 35.31 10.10 17.10 

 Brazil Mar : 19.18 57.00 0.05 31.20 34.21 24.90 17.12 

 Apr : 19.07 57.00 0.05 31.65 34.58 25.14 16.40 

 Major importers 4/ : 

 March : 5.51 18.92 60.54 61.83 77.59 0.52 6.86 

 April : 5.51 18.92 60.04 61.53 77.28 0.52 6.67 

 China Mar : 4.25 16.80 36.00 40.60 51.00 0.45 5.59 

 Apr : 4.25 16.80 36.00 40.60 51.00 0.45 5.59 

 EU-27 Mar : 0.82 0.75 13.55 13.05 14.28 0.03 0.81 

 Apr : 0.82 0.75 13.05 12.75 13.98 0.03 0.61 

 Japan Mar : 0.29 0.23 4.00 2.84 4.26 0.00 0.26 

 Apr : 0.29 0.23 4.00 2.84 4.26 0.00 0.26 

 Mexico Mar : 0.03 0.16 3.40 3.52 3.55 0.00 0.04 

 Apr : 0.03 0.16 3.40 3.52 3.55 0.00 0.04 

=============================================================================== 

1/ Data based on local marketing years except Argentina and Brazil which are 

adjusted to an October-September year. 2/ World imports and exports may not 

balance due to differences in local marketing years and to time lags between 

reported exports and imports. Therefore, world supply may not equal world 

use. 3/ Argentina, Brazil and Paraguay. 4/ Japan, China, and EU, Mexico, and 

Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 
 WASDE-469-29 

 

 World Soybean Meal Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:===================: Ending 

 Region : : : : : : stocks 

 :Beginning:Produc-: : Total : : 

 : stocks : tion :Imports: Domestic: Exports : 

=============================================================================== 

 : 

 : 2006/07 

World 2/ : 6.10 154.16 52.48 152.17 54.28 6.28 

United States : 0.29 39.06 0.14 31.18 7.99 0.31 

Total foreign : 5.82 115.10 52.33 120.99 46.30 5.97 

 Major exporters 3/ : 3.60 55.45 0.17 13.56 41.80 3.86 

 Argentina : 1.67 26.06 0.00 0.59 25.63 1.52 

 Brazil : 1.47 24.11 0.17 11.12 12.72 1.91 

 India : 0.46 5.28 0.00 1.85 3.46 0.43 

 Major importers 4/ : 1.14 41.33 28.72 68.64 1.43 1.13 

 EU-27 : 0.87 11.55 22.21 33.23 0.55 0.86 

 China : 0.00 28.47 0.03 27.63 0.87 0.00 

 : 

 : 2007/08 (Estimated) 

World 2/ : 6.28 158.51 54.63 157.53 55.71 6.17 

United States : 0.31 38.32 0.13 30.08 8.42 0.27 

Total foreign : 5.97 120.18 54.50 127.46 47.29 5.91 

 Major exporters 3/ : 3.86 58.33 0.18 14.77 43.73 3.86 

 Argentina : 1.52 27.07 0.00 0.62 26.81 1.16 

 Brazil : 1.91 24.87 0.17 12.23 12.14 2.59 

 India : 0.43 6.39 0.00 1.92 4.79 0.11 

 Major importers 4/ : 1.13 44.34 30.59 73.78 1.06 1.22 

 EU-27 : 0.86 11.72 24.07 35.17 0.41 1.07 

 China : 0.00 31.28 0.20 30.85 0.63 0.00 

 : 

 : 2008/09 (Projected) 

World 2/ : 

 March : 6.18 153.76 53.54 153.99 54.24 5.25 

 April : 6.17 153.46 53.49 153.61 54.19 5.32 

United States : 

 March : 0.27 35.24 0.15 27.76 7.62 0.27 

 April : 0.27 35.05 0.15 27.58 7.62 0.27 

Total foreign : 

 March : 5.92 118.53 53.39 126.23 46.62 4.98 

 April : 5.91 118.40 53.34 126.03 46.57 5.04 

 Major exporters 3/ : 

 March : 3.86 57.45 0.16 14.95 43.24 3.29 

 April : 3.86 57.60 0.16 14.92 43.19 3.51 

 Argentina Mar : 1.17 26.37 0.00 0.65 25.89 1.01 

 Apr : 1.16 26.37 0.00 0.65 25.89 1.00 

 Brazil Mar : 2.59 24.18 0.16 12.36 12.40 2.16 

 Apr : 2.59 24.53 0.16 12.26 12.75 2.26 

 India Mar : 0.11 6.90 0.00 1.94 4.95 0.12 

 Apr : 0.11 6.70 0.00 2.01 4.55 0.25 

 Major importers 4/ : 

 March : 1.22 43.69 29.25 72.41 0.94 0.80 

 April : 1.22 43.46 29.35 72.44 0.94 0.64 

 EU-27 Mar : 1.07 10.28 22.50 32.84 0.35 0.65 

 Apr : 1.07 10.04 22.50 32.77 0.35 0.49 

 China Mar : 0.00 32.13 0.23 31.78 0.58 0.00 

 Apr : 0.00 32.13 0.23 31.78 0.58 0.00 

=============================================================================== 

1/ Data based on local marketing years except for Argentina and Brazil which 

are adjusted to an October-September year. 2/ World imports and exports may 

not balance due to differences in local marketing years and to time lags 

between reported exports and imports. Therefore, world supply may not equal 

world use. 3/ Argentina, Brazil, and India. 4/ Eastern Europe, China, EU, 

and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 
 WASDE-469-30 

 

 World Soybean Oil Supply and Use 1/ 

 (Million Metric Tons) 

=============================================================================== 

 : Supply : Use : 

 :=========================:===================: Ending 

 Region : : : : : : stocks 

 :Beginning:Produc-: : Total : : 

 : stocks : tion :Imports: Domestic: Exports : 

=============================================================================== 

 : 

 : 2006/07 

World 2/ : 3.38 36.39 9.82 35.78 10.58 3.23 

United States : 1.37 9.29 0.02 8.43 0.85 1.40 

Total foreign : 2.01 27.09 9.80 27.35 9.73 1.83 

 Major exporters 3/ : 1.00 15.03 0.98 7.45 8.68 0.89 

 Argentina : 0.49 6.42 0.00 0.57 5.97 0.38 

 Brazil : 0.31 5.97 0.00 3.51 2.46 0.32 

 EU-27 : 0.19 2.64 0.98 3.37 0.24 0.20 

 Major importers 4/ : 0.43 7.60 3.84 11.30 0.10 0.46 

 China : 0.20 6.41 2.40 8.67 0.09 0.25 

 India : 0.23 1.18 1.40 2.60 0.01 0.21 

 Pakistan : 0.00 0.01 0.03 0.03 0.00 0.00 

 : 

 : 2007/08 (Estimated) 

World 2/ : 3.23 37.55 10.41 37.50 10.85 2.85 

United States : 1.40 9.33 0.03 8.31 1.32 1.13 

Total foreign : 1.83 28.22 10.38 29.19 9.53 1.72 

 Major exporters 3/ : 0.89 15.45 1.10 8.18 8.50 0.76 

 Argentina : 0.38 6.63 0.00 0.98 5.78 0.24 

 Brazil : 0.32 6.16 0.07 3.82 2.39 0.33 

 EU-27 : 0.20 2.67 1.03 3.38 0.33 0.19 

 Major importers 4/ : 0.46 8.47 3.51 12.02 0.11 0.32 

 China : 0.25 7.05 2.73 9.69 0.10 0.23 

 India : 0.21 1.43 0.73 2.27 0.01 0.09 

 Pakistan : 0.00 0.00 0.05 0.05 0.00 0.01 

 : 

 : 2008/09 (Projected) 

World 2/ : 

 March : 2.83 36.26 8.91 36.04 9.29 2.66 

 April : 2.85 36.22 9.12 36.12 9.34 2.73 

United States : 

 March : 1.13 8.46 0.02 7.67 0.68 1.26 

 April : 1.13 8.43 0.03 7.62 0.73 1.25 

Total foreign : 

 March : 1.70 27.80 8.88 28.38 8.61 1.40 

 April : 1.72 27.79 9.08 28.50 8.61 1.48 

 Major exporters 3/ : 

 March : 0.75 14.78 0.67 7.99 7.64 0.57 

 April : 0.76 14.81 0.76 8.05 7.64 0.64 

 Argentina Mar : 0.25 6.45 0.00 1.15 5.30 0.25 

 Apr : 0.24 6.45 0.00 1.13 5.30 0.26 

 Brazil Mar : 0.30 5.98 0.05 3.98 2.14 0.22 

 Apr : 0.33 6.07 0.05 4.02 2.14 0.29 

 EU-27 Mar : 0.19 2.35 0.62 2.86 0.20 0.10 

 Apr : 0.19 2.29 0.71 2.90 0.20 0.10 

 Major importers 4/ : 

 March : 0.32 8.78 2.97 11.51 0.11 0.45 

 April : 0.32 8.74 3.08 11.57 0.11 0.46 

 China Mar : 0.23 7.24 2.37 9.38 0.10 0.36 

 Apr : 0.23 7.24 2.37 9.38 0.10 0.36 

 India Mar : 0.09 1.54 0.57 2.10 0.01 0.09 

 Apr : 0.09 1.50 0.68 2.16 0.01 0.10 

 Pakistan Mar : 0.01 0.00 0.03 0.04 0.00 0.00 

 Apr : 0.01 0.00 0.03 0.04 0.00 0.00 

=============================================================================== 

1/ Data based on local marketing years except for Argentina and Brazil which 

are adjusted to an October-September year. 2/ World imports and exports may 

not balance due to differences in local marketing years and to time lags 

between reported exports and imports. Therefore, world supply may not equal 

world use. 3/ Argentina, Brazil and EU. 4/ India, China and Pakistan. 
 WASDE-469-31 

 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 

 2007 : 

 Annual : 26421 21943 48683 36158 5952 42608 91291 7587 185.7 

 : 

 2008 : 

 I : 6372 6024 12476 9145 1536 10816 23292 1869 47.6 

 II : 6899 5593 12570 9439 1560 11147 23717 1858 48.8 

 III : 6908 5632 12618 9457 1568 11173 23791 1875 46.9 

 IV : 6382 6098 12561 8865 1582 10576 23137 1907 46.7 

 Annual : 

Mar Est : 26561 23347 50225 36906 6246 43712 93937 7509 190.0 

Apr Est : 26561 23347 50225 36906 6246 43712 93937 7509 190.0 

 : 

 2009 : 

 I* : 6265 5815 12157 8525 1400 10040 22197 1850 47.4 

 II* : 6765 5420 12260 8900 1425 10440 22700 1850 48.6 

 III* : 6900 5500 12472 9050 1450 10620 23092 1880 46.2 

 IV* : 6510 6040 12625 9000 1525 10650 23275 1925 45.6 

 Annual : 

Mar Proj : 26375 23010 49692 35775 5990 42270 91962 7520 188.5 

Apr Proj : 26440 22775 49514 35475 5800 41750 91264 7505 187.8 

=============================================================================== 

* Projection. 

1/ Commercial production for red meats; federally inspected for poultry meats. 

2/ Beef, pork, veal and lamb & mutton. 3/ Broilers, turkeys and mature chicken. 

 U.S. Quarterly Prices for Animal Products 1/ 

=============================================================================== 

 Year : Choice : Barrows : : : : : 

 and : steers :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 

 2007 : 

 Annual : 91.82 47.09 76.4 82.1 114.4 19.13 

 : 

 2008 : 

 I : 89.59 39.64 78.1 77.4 158.8 19.23 

 II : 92.82 52.51 80.6 88.9 117.3 18.57 

 III : 98.45 57.27 80.6 96.5 114.5 18.67 

 IV : 88.22 41.92 79.4 87.3 122.6 16.80 

 Annual : 

Mar Est : 92.27 47.84 79.7 87.5 128.3 18.32 

Apr Est : 92.27 47.84 79.7 87.5 128.3 18.32 

 : 

 2009 : 

 I : 80.98 42.11 79.7 73.8 110.0 12.13 

 II* : 84-88 49-51 79-83 80-84 103-107 11.25-11.65 

 III* : 85-91 50-54 79-85 87-93 101-109 11.25-11.95 

 IV* : 87-95 43-47 78-84 86-94 110-120 12.65-13.65 

 Annual : 

Mar Proj : 84-89 45-48 81-86 83-88 111-117 11.25-11.85 

Apr Proj : 84-89 46-48 79-83 82-86 106-111 11.85-12.35 

=============================================================================== 

*Projection. 

1/ Simple average of months. 2/ Nebraska, Direct, 1100-1300 lbs. 3/ National 

Base, Live equiv 51-52% lean. 4/ Wholesale, 12-city average. 5/ 8-12 lbs, hens 

Eastern Region. 6/ Grade A large, New York, volume buyers. 7/ Prices 

received by farmers for all milk. 
 WASDE-469-32 

 U.S. Meats Supply and Use 

=============================================================================== 

 : Supply : Use 

 :----------------------------------------------------------- 

 : : : : : : : Disappearance 

 : : Pro- : : : : :-------------- 

 : Beg- : duc- : : : : End- : : Per 

 Item :inning: tion : Im- : Total : Ex- : ing : :capita 

 :stocks: 1/ :ports: supply: ports:stocks:Total : 2/ 3/ 

=============================================================================== 

 : Million pounds 4/ 

BEEF : 

 2007 : 630 26523 3052 30205 1434 630 28141 65.3 

 2008 Est. Mar : 630 26663 2537 29830 1888 642 27300 62.8 

 Apr : 630 26663 2537 29830 1888 642 27300 62.8 

 2009 Proj. Mar : 642 26477 2680 29799 1880 605 27314 62.2 

 Apr : 642 26542 2770 29954 1820 605 27529 62.7 

 : 

PORK : 

 2007 : 514 21962 968 23444 3141 536 19767 50.8 

 2008 Est. Mar : 536 23367 831 24734 4668 641 19425 49.5 

 Apr : 536 23367 831 24734 4668 641 19425 49.5 

 2009 Proj. Mar : 641 23030 840 24511 4000 640 19871 50.2 

 Apr : 641 22795 840 24276 4050 640 19586 49.4 

 : 

TOTAL RED MEAT 5/ : 

 2007 : 1166 48817 4223 54206 4585 1186 48436 117.7 

 2008 Est. Mar : 1186 50361 3553 55100 6568 1313 47219 113.7 

 Apr : 1186 50361 3553 55100 6568 1313 47219 113.7 

 2009 Proj. Mar : 1313 49827 3697 54837 5898 1270 47669 113.7 

 Apr : 1313 49649 3787 54749 5888 1266 47595 113.5 

 : 

BROILERS : 

 2007 : 732 35771 61 36564 5904 719 29941 85.2 

 2008 Est. Mar : 719 36511 78 37308 6962 745 29601 83.5 

 Apr : 719 36511 78 37308 6962 745 29601 83.5 

 2009 Proj. Mar : 745 35392 80 36217 6050 690 29477 82.4 

 Apr : 745 35095 80 35920 6050 625 29245 81.7 

 : 

TURKEYS : 

 2007 : 218 5874 10 6102 547 261 5295 17.5 

 2008 Est. Mar : 261 6164 9 6433 676 396 5361 17.6 

 Apr : 261 6164 9 6433 676 396 5361 17.6 

 2009 Proj. Mar : 396 5912 12 6320 605 300 5415 17.6 

 Apr : 396 5724 12 6132 570 325 5237 17.0 

 : 

TOTAL POULTRY 6/ : 

 2007 : 956 42143 75 43173 6618 982 35574 103.9 

 2008 Est. Mar : 982 43235 92 44308 7786 1144 35378 102.5 

 Apr : 982 43235 92 44308 7786 1144 35378 102.5 

 2009 Proj. Mar : 1144 41808 100 43052 6790 994 35268 101.2 

 Apr : 1144 41294 100 42538 6755 954 34829 99.9 

 : 

RED MEAT & POULTRY : 

 2007 : 2122 90960 4298 97380 11202 2168 84010 221.6 

 2008 Est. Mar : 2168 93596 3645 99409 14354 2457 82597 216.1 

 Apr : 2168 93596 3645 99409 14354 2457 82597 216.1 

 2009 Proj. Mar : 2457 91635 3797 97889 12688 2264 82937 215.0 

 Apr : 2457 90943 3887 97287 12643 2220 82424 213.4 

=============================================================================== 

1/ Total including farm production for red meats and, for poultry, 

federally inspected plus non-federally inspected, less condemnations. 

2/ Pounds, retail-weight basis. 3/ Population source: Dept. of Commerce, 

Census Bureau. 4/ Carcass weight for red meats and certified 

ready-to-cook weight for poultry. 5/ Beef, pork, veal, lamb and mutton. 

6/ Broilers, turkeys and mature chicken. 
 WASDE-469-33 

 U.S. Egg Supply and Use 

=============================================================================== 

 : : : 2008 Estimated : 2009 Projected 

 : : :-----------------:----------------- 

 Commodity : 2006 : 2007 : Mar : Apr : Mar : Apr 

=============================================================================== 

EGGS : Million dozen 

 Supply : 

 Beginning stocks : 16.0 12.5 11.1 11.1 17.2 17.2 

 Production : 7650.0 7587.0 7509.0 7509.0 7520.0 7505.0 

 Imports : 8.6 13.6 14.6 14.6 14.0 14.0 

 Total supply : 7674.6 7613.1 7534.7 7534.7 7551.2 7536.2 

 : 

 Use : 

 Exports : 202.1 250.3 206.2 206.2 221.0 180.0 

 Hatching use : 992.2 1014.5 994.0 994.0 985.0 980.0 

 Ending stocks : 12.5 11.1 17.2 17.2 16.0 16.0 

 Disappearance : 

 Total : 6467.8 6337.2 6317.3 6317.3 6329.2 6360.2 

 Per capita (number) : 259.7 252.0 248.9 248.9 247.1 248.3 

=============================================================================== 

 U.S. Milk Supply and Use 

=============================================================================== 

 : : : 2008 Estimated : 2009 Projected 

 Commodity : : :-----------------:----------------- 

 : 2006 : 2007 : Mar : Apr : Mar : Apr 

=============================================================================== 

 : Billion pounds 

Milk : 

 Production : 181.8 185.7 190.0 190.0 188.5 187.8 

 Farm use : 1.2 1.2 1.2 1.2 1.2 1.2 

 : 

Fat Basis Supply : 

 Beg. commercial stocks : 8.0 9.5 10.4 10.4 10.0 10.0 

 Marketings : 180.6 184.5 188.8 188.8 187.3 186.6 

 Imports : 5.0 4.6 3.9 3.9 3.6 3.6 

 Total cml. supply : 193.6 198.6 203.1 203.1 200.9 200.2 

 : 

Fat Basis Use : 

 Commercial Exports : 3.4 5.7 8.8 8.8 5.1 4.1 

 Ending commercial stks : 9.5 10.4 10.0 10.0 9.3 9.3 

 CCC net removals 1/ : 0.0 0.0 0.0 0.0 0.3 0.1 

 Commercial use 2/ : 180.7 182.6 184.3 184.3 186.2 186.7 

 : 

Skim-solids Basis Supply : 

 Beg. commercial stocks : 9.0 9.1 9.9 9.9 11.0 11.0 

 Marketings : 180.6 184.5 188.8 188.8 187.3 186.6 

 Imports : 4.8 4.4 3.8 3.8 3.5 3.5 

 Total cml. supply : 194.3 198.0 202.5 202.5 201.8 201.1 

 : 

Skim-solids Basis Use : 

 Commercial Exports : 23.6 24.5 26.6 26.6 19.0 19.0 

 Ending commercial stks : 9.1 9.9 11.0 11.0 10.6 10.6 

 CCC net removals 1/ : 0.7 0.0 1.3 1.3 4.8 2.3 

 Commercial use 2/ : 160.9 163.6 163.6 163.6 167.4 169.2 

 : 

 : Million pounds 

CCC product net removals 1/: 

 Butter : 0 0 0 0 10 5 

 Cheese : 0 0 0 0 0 0 

 Nonfat dry milk : 64 0 111 111 415 197 

 Dry whole milk : 0 0 0 0 0 0 

=============================================================================== 

Note: Totals may not add due to rounding. 

1/ Includes products exported under the Dairy Export Incentive Program. 

2/ Domestic commercial use only. 
 WASDE-469-34 

 U.S. Dairy Prices 

=============================================================================== 

 : : : 2008 Estimated : 2009 Projected 

 : : : ---------------------:--------------------- 

 Commodity : 2006 : 2007 : Mar : Apr : Mar : Apr 

=============================================================================== 

 : Dollars per pound 

 : 

Product Prices 1/ : 

 Cheese : 1.2470 1.7380 1.8954 1.8954 1.215- 1.270- 

 : 1.275 1.320 

 : 

 Butter : 1.2193 1.3441 1.4356 1.4356 1.105- 1.155- 

 : 1.195 1.235 

 : 

 Nonfat dry milk : 0.8928 1.7083 1.2256 1.2256 0.805- 0.830- 

 : 0.855 0.870 

 : 

 Dry whey : 0.3285 0.6004 0.2504 0.2504 0.160- 0.170- 

 : 0.190 0.200 

 : 

 : Dollars per cwt 

Milk Prices 2/ : 

 Class III : 11.89 18.04 17.44 17.44 10.05- 10.65- 

 : 10.65 11.15 

 : 

 Class IV : 11.06 18.36 14.65 14.65 9.50- 9.95- 

 : 10.20 10.55 

 : 

 All milk 3/ : 12.88 19.13 18.32 18.32 11.25- 11.85- 

 : 11.85 12.35 

 : 

=============================================================================== 

1/ Simple average of monthly prices calculated by AMS from NASS weekly average 

dairy product prices for class price computations. Details may be found at 

http://www.ams.usda.gov/dyfmos/mib/fedordprc_dscrp.htm. 2/ Annual Class III 

and Class IV prices are the simple averages of monthly minimum Federal order 

milk prices paid by regulated plants for milk used in the respective classes. 

All milk price is the simple average of monthly prices received by farmers for 

milk at average test. 3/ Does not reflect any deductions from producers as 

authorized by legislation. 
 WASDE-469-35 

 

Note: Tables on pages 35-37 present a 27-year record of the differences between 

the April projection and the final estimate. Using world wheat production as an 

example, changes between the April projection and the final estimate have 

averaged 2.1 million tons (0.4%) ranging from -6.8 to 6.5 million tons. The 

April projection has been below the estimate 16 times and above 11 times. 

 

 Reliability of April Projections 

=============================================================================== 

 :Differences between proj. & final estimate,1981/82-2007/08 1/ 

 Commodity and :============================================================= 

 region : Avg. : Avg. : Difference : Below final : Above final 

=============================================================================== 

WHEAT :Percent Million metric tons Number of years 2/ 

 Production : 

 World : 0.4 2.1 -6.8 6.5 16 11 

 U.S. : 0.1 0.0 -0.2 0.1 11 6 

 Foreign : 0.5 2.1 -6.8 6.5 16 11 

 Exports : 

 World : 2.8 3.2 -8.1 4.0 20 7 

 U.S. : 2.0 0.6 -1.9 2.1 10 17 

 Foreign : 4.0 3.3 -8.4 5.4 20 7 

 Domestic use : 

 World : 0.5 2.9 -8.8 7.1 11 16 

 U.S. : 2.8 0.8 -1.6 2.2 10 17 

 Foreign : 0.5 2.7 -7.2 6.6 11 16 

 Ending stocks : 

 World : 2.4 3.1 -8.9 3.9 20 6 

 U.S. : 6.2 1.0 -4.0 1.2 19 8 

 Foreign : 2.6 2.6 -8.5 5.0 21 5 

 : 

COARSE GRAINS 3/ : 

 Production : 

 World : 0.8 6.7 -19.2 13.3 21 6 

 U.S. : 0.0 0.1 -0.2 1.3 11 6 

 Foreign : 1.1 6.8 -19.2 13.3 21 6 

 Exports : 

 World : 3.1 3.3 -7.2 6.2 18 9 

 U.S. : 4.6 2.4 -5.2 7.2 14 13 

 Foreign : 5.1 2.7 -7.5 4.0 20 7 

 Domestic use : 

 World : 0.7 5.9 -16.2 20.0 11 16 

 U.S. : 1.8 3.5 -16.8 9.3 10 17 

 Foreign : 0.7 4.9 -13.1 17.3 16 11 

 Ending stocks : 

 World : 6.8 9.4 -27.0 14.9 22 5 

 U.S. : 7.5 3.9 -12.1 8.2 15 12 

 Foreign : 8.5 7.1 -24.2 10.2 21 6 

 : 

RICE, milled : 

 Production : 

 World : 1.1 3.8 -13.3 10.8 21 6 

 U.S. : 1.0 0.1 -0.2 0.2 10 4 

 Foreign : 1.1 3.8 -13.3 10.8 21 6 

 Exports : 

 World : 6.4 1.3 -4.4 1.1 23 4 

 U.S. : 4.9 0.1 -0.5 0.3 13 11 

 Foreign : 7.1 1.2 -4.3 1.1 23 4 

 Domestic use : 

 World : 0.8 2.7 -8.7 5.2 22 5 

 U.S. : 4.9 0.1 -0.4 0.4 10 16 

 Foreign : 0.8 2.7 -8.8 4.9 22 5 

 Ending stocks : 

 World : 5.5 2.7 -13.2 4.3 18 9 

 U.S. : 16.3 0.2 -0.4 0.4 15 12 

 Foreign : 5.8 2.7 -12.8 4.2 17 10 

=============================================================================== 

1/ Footnotes at end of table. CONTINUED 
 WASDE-469-36 

 

 Reliability of April Projections (Continued) 

=============================================================================== 

 :Differences between proj. & final estimate,1981/82-2007/08 1/ 

 Commodity and :============================================================= 

 region : Avg. : Avg. : Difference : Below final : Above final 

=============================================================================== 

SOYBEANS :Percent Million metric tons Number of years 2/ 

 Production : 

 World : 1.5 2.1 -4.0 5.9 16 11 

 U.S. : 1.0 0.6 -2.5 1.8 11 11 

 Foreign : 2.4 1.8 -4.6 5.4 18 9 

 Exports : 

 World : 4.1 1.7 -5.6 7.4 16 11 

 U.S. : 4.2 1.0 -2.3 3.0 19 8 

 Foreign : 10.5 1.6 -5.3 7.0 14 13 

 Domestic use : 

 World : 1.5 2.0 -4.4 9.0 16 11 

 U.S. : 1.8 0.8 -2.3 1.4 18 9 

 Foreign : 1.7 1.7 -3.5 10.4 14 13 

 Ending stocks : 

 World : 10.2 2.6 -6.5 10.5 17 10 

 U.S. : 18.0 1.4 -2.6 4.7 10 17 

 Foreign : 10.9 2.0 -6.2 7.2 19 8 

 : 

COTTON : Million 480-pound bales 

 Production : 

 World : 1.1 1.0 -5.1 0.8 22 4 

 U.S. : 0.2 0.0 -0.2 0.2 10 10 

 Foreign : 1.3 1.0 -5.1 0.8 21 5 

 Exports : 

 World : 2.7 0.7 -2.8 1.1 15 12 

 U.S. : 3.6 0.3 -1.2 0.9 9 15 

 Foreign : 3.5 0.7 -3.4 1.2 15 12 

 Mill use : 

 World : 1.2 1.0 -2.4 1.6 17 10 

 U.S. : 2.6 0.2 -0.6 0.4 16 7 

 Foreign : 1.3 1.0 -2.0 1.5 17 10 

 Ending stocks : 

 World : 5.6 2.1 -8.2 3.3 19 8 

 U.S. : 8.7 0.4 -1.0 1.6 12 15 

 Foreign : 6.2 2.1 -8.0 2.7 17 10 

=============================================================================== 

1/ Final estimate for 1981/82-2007/08 is defined as the first November estimate 

following the marketing year. 2/ May not total 27 if projection was the same 

as final estimate. 3/ Includes corn, sorghum, barley, oats, rye, millet, and 

mixed grain. 
 WASDE-469-37 

 

 Reliability of United States April Projections 1/ 

=============================================================================== 

 :Differences between proj. & final estimate,1981/82-2007/08 2/ 

 Commodity and :============================================================= 

 region : Avg. : Avg. : Difference : Below final : Above final 

=============================================================================== 

CORN :Percent Million bushels Number of years 3/ 

 Production : 0.0 2 -8 38 1 1 

 Exports : 4.7 84 -197 209 11 16 

 Domestic use : 1.8 117 -474 299 11 16 

 Ending stocks : 9.0 155 -470 358 15 12 

 : 

SORGHUM : 

 Production : 0.0 0 0 4 0 2 

 Exports : 9.6 22 -70 72 17 9 

 Domestic use : 6.2 27 -158 77 11 15 

 Ending stocks : 27.3 26 -53 148 14 13 

 : 

BARLEY : 

 Production : 0.3 1 -3 11 11 4 

 Exports : 9.5 4 -10 13 6 18 

 Domestic use : 3.1 12 -30 64 11 14 

 Ending stocks : 9.0 14 -52 24 19 8 

 : 

OATS : 

 Production : 0.1 0 -2 1 4 3 

 Exports : 18.3 1 -1 3 6 4 

 Domestic use : 2.4 9 -26 24 10 16 

 Ending stocks : 8.9 10 -30 21 16 11 

 : 

 : Thousand short tons 

SOYBEAN MEAL : 

 Production : 2.2 743 -2153 1692 21 6 

 Exports : 6.7 471 -1450 941 22 5 

 Domestic use : 1.8 473 -956 2066 19 8 

 Ending stocks : 30.1 75 -214 208 11 15 

 : 

 : Million pounds 

SOYBEAN OIL : 

 Production : 2.2 352 -1058 682 21 6 

 Exports : 11.6 195 -500 564 16 10 

 Domestic use : 1.4 186 -562 428 16 10 

 Ending stocks : 13.7 233 -753 423 18 9 

------------------------------------------------------------------------------- 

 : 

ANIMAL PROD. 4/ : Million pounds 

 Beef : 2.1 509 -852 1388 19 7 

 Pork : 2.0 328 -790 983 18 8 

 Broilers : 1.3 305 -675 584 17 9 

 Turkeys : 1.9 85 -244 175 15 11 

 : 

 : Million dozen 

 Eggs : 1.1 68 -120 143 18 8 

 : 

 : Billion pounds 

 Milk : 1.0 1.6 -4.3 5.2 14 12 

=============================================================================== 

1/ See pages 35 and 36 for record of reliability for U.S. wheat, rice, 

soybeans, and cotton. 2/ Final estimate for 1981/82-2007/08 is defined as the 

first November estimate following the marketing year. 3/ May not total 27 for 

crops and 26 for animal production if projection was the same as the final 

estimate. 4/ Calendar years 1982 thru 2007 for meats, eggs, and milk. Final for 

animal products is defined as latest annual production estimate published by 

NASS. 
WASDE-469-38 

Related USDA Reports

The WASDE report incorporates information from a number of statistical reports published by USDA 

and other government agencies. In turn, the WASDE report provides a framework for more detailed 

reports issued by USDA’s Economic Research Service and Foreign Agricultural Service. For more 

information on how the WASDE report is prepared, go to: 

http://www.usda.gov/oce/commodity/wasde. 

Supply and Demand Database

The Foreign Agricultural Service publishes Production, Supply, and Demand Online, a 

comprehensive database of supply and demand balances by commodity for 190 countries and 

regions at http://www.fas.usda.gov/psd/online. Data for grains, oilseeds, and cotton are updated 

monthly and data for other commodities are updated less frequently. 

Foreign Production Assessments

Preliminary foreign production assessments and satellite imagery analysis used to prepare the 

WASDE report are provided by the Production Estimates and Crop Assessment Division (PECAD) of 

the Foreign Agricultural Service. PECAD is located at www.pecad.fas.usda.gov/.

Metric Conversion Factors

1 Hectare = 2.4710 Acres

1 Kilogram = 2.20462 Pounds

Metric-Ton Equivalent = Domestic Unit Factor 

Wheat & Soybeans 

Rice 

Corn, Sorghum, & Rye 

Barley 

Oats 

Sugar 

Cotton 

bushels 

cwt 

bushels 

bushels 

bushels 

short tons 

480-lb bales 

.027216 

.045359 

.025401 

.021772 

.014515 

.907185 

.217720 

UNITED STATES DEPARTMENT OF AGRICULTURE

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 WASHINGTON, D.C. 20250-3812 

 ___________________ 

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POSTAGE & FEES PAID

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World Agricultural Supply and Demand Estimates

WASDE - 469 – April 9, 2009

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