ISSN:1554-9089 WASDE-463 October 10, 2008 WHEAT: U.S. wheat ending stocks for 2008/09 are raised 27 million bushels this month as increased production more than offsets higher projected feed and residual use. Production is raised 37 million bushels based on the latest production estimate from the Small Grains Summary report. Feed and residual use is raised 10 million bushels on higher-than-expected feed and residual use during the June-August quarter as indicated by the September 1 stocks. Projected exports are unchanged, but by-class export adjustments include a 10-million-bushel increase for soft red winter wheat and 5-million-bushel reductions each for hard red spring and white wheat. The all wheat season- average farm price is projected at $6.60 to $7.40 per bushel, down from $6.70 to $7.80 last month on larger domestic and world supplies and recent sharp declines in cash and futures prices. Global 2008/09 wheat production is projected at a record 680.2 million tons, up 3.9 million from last month. Increases for Canada, Russia, Ukraine, and the United States more than offset reductions for Argentina, Australia, and Kazakhstan. Production for Canada is raised 1.9 million tons based on the latest official estimates. Production is raised 1.0 million tons for Russia on higher reported area and yields. Ukraine production is raised 1.0 million tons on higher reported yields. Production for Argentina is lowered 0.5 million tons as harvested area is reduced in line with reductions in government estimates for seeded area. Production is lowered 0.5 million tons for Australia as government statistics and other reports indicate harvested area losses due to drought and haying. Kazakhstan production is lowered 0.2 million tons as harvest results confirm the effects of August and early September dryness that stressed spring sown wheat during the critical grain fill stage. World wheat imports and exports for 2008/09 are both raised slightly this month. World imports for 2007/08 are also revised higher this month. The largest increase is for Afghanistan as recently available shipment data for Kazakhstan supports a 1.1-million-ton increase in 2007/08 Afghanistan wheat and wheat flour imports. World wheat feeding for 2008/09 is reduced 0.8 million tons this month as a 2.0-million-ton reduction for EU-27 is only partly offset by a 1.0-million-ton increase for Russia and smaller increases for Canada and the United States. EU- 27 total grain feeding is lowered this month as recent reports indicate a second year of decline in meat and production in 2009; however, food, seed, and industrial use is up 1.0 million tons. An increase in global food, seed, and industrial use leaves world consumption up 0.7 million tons this month. Global consumption for 2008/09 is expected to be record high at 655.6 million tons on larger supplies and lower prices. Global ending stocks at 144.4 million tons are projected 4.5 million higher this month and 24.6 million higher than in 2007/08. COARSE GRAINS: U.S. feed grain supplies for 2008/09 are projected higher this month due to higher beginning stocks and production. September 1 corn stocks reported in the September 30 Grain Stocks report raise 2007/08 corn carryout 49 million bushels from last month's projection. Corn production for 2008/09, forecast at 12.2 billion bushels in the October Crop Production report, is raised 128 million bushels from the previous forecast. Higher forecast yields more than offset slightly lower area. Ethanol corn use for 2008/09 is projected 100 million bushels lower as reduced gasoline consumption is expected to slow the expansion of blending modestly over the coming months. Other corn food, seed, and industrial use is lowered 10 million bushels reflecting slowing use as indicated by 2007/08 changes. Feed and residual use for 2008/09 is raised 150 million bushels on larger supplies, reduced availability of distillers grains, and sharply lower prices. Ending stocks are raised 136 million bushels. The season-average farm price is projected at $4.20 to $5.20 per bushel, down 80 cents on each end of the range. Sharp declines in futures and cash prices over the past month have dramatically reduced price prospects for corn that was not forward priced. U.S. sorghum production for 2008/09 is raised 38 million bushels this month as increased area more than offsets a reduction in forecast yields. Barley production is raised 22 million bushels as reported in the Small Grains Summary. Feed and residual use is raised for both commodities with the increase for barley also supported by higher-than- expected June-August disappearance as indicated by the September 1 stocks. Sorghum exports are raised 10 million bushels with the increase in supplies. The sorghum season-average farm price is projected at $3.70 to $4.70 per bushel, down 75 cents on each end of the range. The barley farm price is projected at $4.60 to $5.60 per bushel, down 55 cents on each end of the range. The oats price is projected at $2.65 to $3.35 per bushel, down 45 cents on each end of the range. Global coarse grain production for 2008/09 is raised 7.6 million tons as higher production for EU-27, Russia, Canada, and the United States more than offset a reduction for Brazil. EU-27 barley production is raised 1.6 million tons and corn production is raised 1.0 million tons. Barley production for Russia is raised 1.0 million tons and oats production is raised 0.4 million tons. Production for Canada is raised 0.3 million tons for barley and 0.2 million tons for oats in line with the latest official estimates. Corn production for Brazil is lowered 2.0 million tons on reduced area for the main summer (Southern Hemisphere) crop which is being planted. Large carryover supplies from the 2007/08 Brazil winter crop, as well as lower world corn prices and higher input costs, have reduced planting incentives for 2008/09. World coarse grain imports and exports for 2008/09 are both lowered this month. Corn imports are lowered for Canada with reduced corn feeding offset by increases in barley and wheat feeding with larger crops for both. EU-27 corn imports are reduced with higher coarse grain production and reduced feeding. Corn imports are also lowered for Mexico on lower expected feeding; however, sorghum imports are increased this month, partly offsetting the reduction in corn. Corn exports are lowered for Argentina as increased feeding is expected to reduce supplies available for export. Partly offsetting reductions in corn exports is an increase in EU-27 barley exports. Global corn feeding is raised 6.1 million tons this month with increases for Argentina, Brazil, and the United States only partly offset by lower corn feeding in Canada and Mexico. Global barley feeding is raised 2.0 million tons with increases for Canada, Russia, and the United States. Global coarse grain ending stocks for 2008/09 are nearly unchanged this month as a projected 2.2-million-ton reduction in world corn stocks is more than offset by higher stocks for the other coarse grains. RICE: U.S. rice production in 2008/09 is forecast at 204.1 million cwt, 2.8 million below last month due entirely to a decrease in yield. Average yield is estimated at 6,982 pounds per acre, down 94 pounds from last month. Harvested area is unchanged at 2.92 million acres. Long- grain production is forecast at 155.2 million cwt, down 2.1 million from last month; while combined medium- and short-grain production is forecast at 48.9 million cwt, down 0.7 million. All rice exports are projected at 108 million cwt, down 2 million from a month earlier. Long-grain exports are lowered 1.5 million cwt to 85.0 million, while combined medium- and short-grain exports are lowered 0.5 million to 23.0 million. All rice ending stocks are projected at 25.1 million cwt, a decrease of 0.8 million from last month. The all rice season-average farm price is forecast at $15.85 to $16.85 per cwt, up $0.10 per cwt on both ends of the range. The long-grain season-average farm price range is projected at $15.50 to $16.50 per cwt, up $0.50 per cwt on each end of the range. The combined medium- and short- grain farm price range is projected at $17.50 to $18.50 per cwt, down $2.00 per cwt on each end. Projected global 2008/09 rice production and consumption are raised from a month ago, while trade and ending stocks are little changed. Production is projected at a record 433.2 million tons, 1.3 million tons above last month's estimate, due mostly to increases for Bangladesh, Burma, Pakistan, and several African countries; which is partially offset by lower crops for Australia and the United States. Expected consumption levels are raised for a number of countries including Bangladesh, Burma, Pakistan, and several African countries. Global ending stocks for 2008/09 are projected at 80.5 million tons, nearly unchanged from last month, but up 2.9 million from the 2007/08 estimate. OILSEEDS: U.S. oilseed ending stocks for 2008/09 are projected at 7.4 million tons, up 2.6 million from last month due to higher beginning stocks, reduced crush, and higher production. Total U.S. oilseed production is projected at 89.9 million tons, up 1.8 million from last month due to higher soybean, sunflowerseed, canola, and peanut production. Soybean production is forecast at 2.983 billion bushels, up 49 million from last month. Increased harvested area more than offsets a lower projected yield. Total soybean supplies are forecast up 111 million bushels with higher crop production and sharply higher beginning stocks. Soybean crush is reduced 25 million bushels to 1.76 billion based on weaker prospective domestic soybean meal demand. Soybean exports are raised 50 million bushels to 1.05 billion due to increased supplies and lower prices. Soybean ending stocks are projected at 220 million bushels, up 85 million from last month. Soybean oil ending stocks are reduced for both 2007/08 and 2008/09 as lower domestic disappearance for food use only partly offsets reduced production. Prices for soybeans and soybean products for 2008/09 are projected sharply lower this month. The U.S. season- average soybean price range for 2008/09 is projected at $9.60 to $11.10, down $2.00 on both ends of the range. The soybean meal price is projected at $260 to $320 per short ton, down $70 on both ends of the range. The soybean oil price range is projected at 44 to 48 cents per pound, down 8 cents on both ends of the range. These changes reflect the rapid commodity price declines that have occurred in the past month. Global oilseed production for 2008/09 is projected at 420.4 million tons, up 2.6 million tons from last month. Global soybean production is projected up with increases for the United States, Canada, and EU-27. Global rapeseed production is projected higher mainly on increases for Canada and EU-27. Production in Canada is projected at a record 10.9 million tons, up 0.5 million based on the most recent survey from Statistics Canada. Global sunflowerseed production is projected lower as reduced prospects for the Argentina crop offset larger U.S. output. Lower prices and planting delays in Argentina due to dry weather have resulted in a reduction in projected planted area. Global cottonseed production is raised mainly due to higher output in China. Global oilseed stocks for 2008/09 are raised 4.6 million tons to 65.0 million. Soybeans account for most of the change, with increases projected for the United States, Brazil, and Argentina. SUGAR: Projected 2008/09 U.S. sugar supply is increased 151,000 short tons, raw value, from last month. Lower carry-in stocks are more than offset by higher production. Lower carry-in stocks result mainly from lower 2007/08 imports, based on final quota entries for the year. Production for 2008/09 is increased 202,000 tons. Beet sugar production is raised 200,000 tons based on higher forecast 2008-crop sugarbeet production, and assuming a 15 percent recovery rate for sugar from sugarbeets. Ending stocks are raised 151,000 tons from last month, at 656,000 tons which are down 853,000 tons from last year. LIVESTOCK, POULTRY, AND DAIRY: Total U.S. meat production forecasts for 2008 and 2009 are raised from last month. Beef production is raised slightly for 2008 as cow slaughter remains heavy. The beef production forecast for 2009 is raised as higher expected placements in late 2008 will likely translate into higher fed beef production next year. Pork production forecasts are raised for both 2008 and 2009. Although the recent Quarterly Hogs and Pigs report indicated that producers expect to reduce sows farrowing into early 2009, growth in pigs per litter was stronger than expected. In addition, 2009 hog weights are raised slightly from last month due to lower forecast feed prices. The broiler production forecast for 2008 is raised as broiler weights remain heavy. However, the 2009 forecast is unchanged. The turkey production forecast is raised fractionally for 2008 reflecting higher third quarter production data, but is unchanged for 2009. Beef exports are forecast higher for 2008 based on the current pace of exports, but recent weakness in shipments results in a lower forecast for pork exports. Beef and pork export forecasts are unchanged for 2009. Poultry export forecasts are unchanged for 2008 and 2009. Cattle price forecasts for both 2008 and 2009 are lowered slightly due to expected competition from other meats. Hog prices are reduced as production forecasts are higher. Broiler price forecasts are reduced slightly as demand for domestically consumed products remains soft. Turkey price forecasts are unchanged from last month. Egg price forecasts are lowered for 2008 and early 2009. Milk production forecasts for 2008 are unchanged as higher cow numbers are offset by lower milk per cow. Forecast milk production for 2009 is raised fractionally as cow numbers are forecast slightly higher. Dairy export forecasts are reduced, reflecting current slowing movement and weaker international demand. Import forecasts are also reduced from last month as cheese imports are expected to be weaker. Stocks are adjusted to reflect larger expected stocks of dairy products with notably larger stocks of nonfat dry milk (NDM). Small sales of NDM to the CCC are forecast for 2008, but no sales are forecast for 2009. Class price forecasts are lowered from last month. Weaker international demand for NDM is expected to result in sharply lower forecast NDM prices. Lower NDM prices more than offset higher forecast butter prices and push the Class IV price lower. Cheese prices are forecast lower as demand is softening and weaker Class IV prices are expected to encourage milk to flow into cheese vats in 2009. Thus, coupled with lower expected whey prices Class III price forecasts are reduced from last month. The all milk price is forecast lower this month, averaging $18.40 to $18.50 in 2008 and $16.50 to $17.40 in 2009. COTTON: The 2008/09 U.S. cotton supply and demand estimates include slightly lower production and sharply lower exports relative to last month, resulting in a 27- percent increase in forecast ending stocks. U.S. production is reduced mainly in Louisiana and Mississippi. Domestic mill use is unchanged. The export forecast is lowered 1.5 million bales, due to a combination of higher foreign production and lower foreign consumption, which is shrinking world import demand. The forecast for the marketing year average farm price is lowered 7 cents per pound on the upper end and 6 cents on the lower end of the range, due to both weaker demand and to recent sharp declines in futures and cash prices. The 2008/09 world cotton supply and demand estimates show a 1.4 percent increase in world production and a 1.1 percent decrease in world consumption relative to last month. Production is raised in China, based on recent reports from official sources; production also is raised in India and Brazil. Forecasts of world consumption are reduced in several countries, as the crisis in world financial markets is projected to cut consumer spending and purchases of textiles. Consumption is lowered in China, Turkey, Bangladesh, India, Pakistan, Russia, and others. Higher production and lower consumption reduce the world trade forecast by 2.4 million bales, including 1.0 million bales in imports by China. World ending stocks are raised 6 percent from last month to 55.5 million bales, but still are reduced nearly 10 percent from 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: EDWARD T. SCHAFER SECRETARY OF AGRICULTURE 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; Dennis Shields, 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. WASDE report release dates for the remainder of 2008 will be Nov. 10, Dec. 11. In 2009, the WASDE report will be released on Jan. 12, Feb. 10, Mar. 11, Apr. 9, May 12, Jun. 10, Jul. 10, Aug. 12, Sep. 11, Oct. 9, Nov. 10, and Dec. 10. 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-463-8 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 : 2,005.78 2,394.49 259.94 2,054.08 340.41 2007/08 (Est.) : 2,118.12 2,458.54 268.52 2,111.00 347.54 2008/09 (Proj.) : September : 2,194.96 2,541.38 264.10 2,174.11 367.27 October : 2,207.71 2,555.25 263.15 2,183.13 372.12 Wheat : 2006/07 : 596.30 743.94 111.20 616.93 127.02 2007/08 (Est.) : 610.88 737.90 114.85 618.10 119.80 2008/09 (Proj.) : September : 676.28 794.77 122.88 654.88 139.89 October : 680.20 800.00 123.18 655.58 144.41 Coarse grains 4/ : 2006/07 : 989.07 1,154.47 117.44 1,016.05 138.42 2007/08 (Est.) : 1,077.05 1,215.47 123.31 1,065.41 150.05 2008/09 (Proj.) : September : 1,086.70 1,237.36 112.98 1,090.34 147.02 October : 1,094.29 1,244.34 111.64 1,097.17 147.17 Rice, milled : 2006/07 : 420.41 496.08 31.30 421.10 74.98 2007/08 (Est.) : 430.19 505.17 30.37 427.48 77.69 2008/09 (Proj.) : September : 431.98 509.24 28.25 428.88 80.36 October : 433.23 510.92 28.33 430.38 80.54 : : United States Total grains 3/ : 2006/07 : 335.67 413.87 85.99 278.02 49.85 2007/08 (Est.) : 413.62 470.75 107.72 308.71 54.32 2008/09 (Proj.) : September : 397.33 456.84 85.43 324.80 46.62 October : 402.94 463.71 85.62 327.39 50.70 Wheat : 2006/07 : 49.32 68.18 24.73 31.04 12.41 2007/08 (Est.) : 56.25 71.73 34.40 29.00 8.32 2008/09 (Proj.) : September : 67.02 78.06 27.22 35.22 15.62 October : 68.03 79.07 27.22 35.49 16.37 Coarse grains 4/ : 2006/07 : 280.11 337.43 58.34 242.91 36.17 2007/08 (Est.) : 351.06 390.69 69.86 275.76 45.06 2008/09 (Proj.) : September : 323.70 370.42 54.70 285.55 30.17 October : 328.39 376.36 54.95 287.88 33.53 Rice, milled : 2006/07 : 6.24 8.26 2.92 4.07 1.27 2007/08 (Est.) : 6.31 8.34 3.45 3.95 0.94 2008/09 (Proj.) : September : 6.62 8.37 3.52 4.02 0.83 October : 6.53 8.28 3.45 4.02 0.80 =============================================================================== 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-463-9 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 : 1,670.11 1,980.62 173.94 1,776.05 290.56 2007/08 (Est.) : 1,704.50 1,987.79 160.80 1,802.29 293.22 2008/09 (Proj.) : September : 1,797.63 2,084.53 178.68 1,849.31 320.65 October : 1,804.77 2,091.54 177.53 1,855.74 321.42 Wheat : 2006/07 : 546.99 675.76 86.48 585.89 114.60 2007/08 (Est.) : 554.64 666.17 80.44 589.10 111.47 2008/09 (Proj.) : September : 609.26 716.71 95.67 619.67 124.26 October : 612.17 720.93 95.97 620.10 128.05 Coarse grains 5/ : 2006/07 : 708.96 817.04 59.09 773.13 102.25 2007/08 (Est.) : 725.98 824.78 53.44 789.65 105.00 2008/09 (Proj.) : September : 763.00 866.95 58.28 804.79 116.85 October : 765.90 867.98 56.69 809.29 113.64 Rice, milled : 2006/07 : 414.17 487.82 28.37 417.03 73.71 2007/08 (Est.) : 423.88 496.83 26.92 423.54 76.75 2008/09 (Proj.) : September : 425.36 500.87 24.73 424.86 79.53 October : 426.70 502.64 24.88 426.36 79.73 =============================================================================== 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 : 121.99 184.25 37.12 123.47 62.83 2007/08 (Est.) : 120.59 183.42 38.49 123.37 61.50 2008/09 (Proj.) : September : 112.17 173.00 38.51 123.70 52.32 October : 113.76 175.26 36.14 122.31 55.45 : United States 2006/07 : 21.59 27.68 13.01 4.94 9.48 2007/08 (Est.) : 19.21 28.70 13.65 4.61 9.89 2008/09 (Proj.) : September : 13.85 23.76 14.50 4.40 4.90 October : 13.71 23.62 13.00 4.40 6.20 : Foreign 3/ 2006/07 : 100.40 156.58 24.11 118.53 53.35 2007/08 (Est.) : 101.38 154.72 24.83 118.76 51.61 2008/09 (Proj.) : September : 98.32 149.24 24.01 119.30 47.42 October : 100.05 151.64 23.14 117.91 49.25 =============================================================================== 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-463-10 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 : 403.33 467.74 83.73 328.36 72.54 2007/08 (Est.) : 391.18 463.72 92.58 337.40 61.28 2008/09 (Proj.) : September : 417.77 476.37 92.80 350.25 60.40 October : 420.36 481.64 94.17 348.91 65.02 Oilmeals : 2006/07 : 224.37 232.15 68.44 222.86 7.39 2007/08 (Est.) : 230.40 237.79 71.22 229.03 7.77 2008/09 (Proj.) : September : 238.62 246.35 73.67 235.84 7.62 October : 237.66 245.43 73.36 235.17 7.72 Vegetable Oils : 2006/07 : 121.40 131.98 48.39 121.18 9.84 2007/08 (Est.) : 127.97 137.80 51.94 125.11 9.60 2008/09 (Proj.) : September : 134.02 143.51 54.45 131.19 9.60 October : 133.71 143.31 53.88 130.63 9.95 : : United States Oilseeds : 2006/07 : 96.61 111.85 31.65 53.48 17.02 2007/08 (Est.) : 82.44 100.73 33.09 53.44 6.91 2008/09 (Proj.) : September : 88.17 94.40 28.43 52.94 4.71 October : 89.93 97.90 29.79 52.26 7.35 Oilmeals : 2006/07 : 41.56 43.62 8.26 34.97 0.39 2007/08 (Est.) : 40.87 43.28 8.78 34.17 0.33 2008/09 (Proj.) : September : 40.95 43.30 8.10 34.86 0.33 October : 40.43 42.84 8.13 34.37 0.33 Vegetable Oils : 2006/07 : 10.44 14.78 1.31 11.74 1.74 2007/08 (Est.) : 10.51 15.21 1.69 12.06 1.47 2008/09 (Proj.) : September : 10.39 15.23 1.35 12.48 1.41 October : 10.28 15.03 1.35 12.41 1.27 : : Foreign 3/ Oilseeds : 2006/07 : 306.72 355.90 52.09 274.87 55.52 2007/08 (Est.) : 308.74 362.99 59.49 283.97 54.37 2008/09 (Proj.) : September : 329.60 381.96 64.37 297.31 55.69 October : 330.43 383.74 64.38 296.65 57.67 Oilmeals : 2006/07 : 182.81 188.53 60.18 187.89 7.01 2007/08 (Est.) : 189.53 194.51 62.44 194.86 7.43 2008/09 (Proj.) : September : 197.67 203.04 65.57 200.98 7.29 October : 197.23 202.59 65.23 200.79 7.39 Vegetable Oils : 2006/07 : 110.97 117.20 47.09 109.45 8.10 2007/08 (Est.) : 117.46 122.60 50.25 113.05 8.13 2008/09 (Proj.) : September : 123.63 128.29 53.11 118.71 8.20 October : 123.43 128.28 52.53 118.22 8.68 =============================================================================== 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-463-11 U.S. Wheat Supply and Use 1/ =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :============================== : : Est. : September October =============================================================================== Area : Million acres Planted : 57.3 60.4 63.5 63.0 Harvested : 46.8 51.0 56.6 55.7 Yield per harvested : Bushels acre : 38.7 40.5 43.5 44.9 : Million bushels Beginning stocks : 571 456 306 306 Production : 1,812 2,067 2,462 2,500 Imports : 122 113 100 100 Supply, total : 2,505 2,635 2,868 2,905 Food : 938 948 960 960 Seed : 82 88 84 84 Feed and residual : 121 30 250 260 Domestic, total : 1,140 1,066 1,294 1,304 Exports : 908 1,264 1,000 1,000 Use, total : 2,049 2,330 2,294 2,304 Ending stocks : 456 306 574 601 CCC inventory : 41 0 0 0 Free stocks : 415 306 574 601 Outstanding loans : 14 1 10 10 Avg. farm price ($/bu) 2/ : 4.26 6.48 6.70- 7.80 6.60- 7.40 =============================================================================== 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 22 456 Production : 962 449 358 227 72 2,067 Supply, total 3/ : 1,127 614 481 280 134 2,635 Domestic use : 452 240 217 73 83 1,066 Exports : 538 305 209 170 42 1,264 Use, total : 990 546 426 243 125 2,330 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/ : 1,174 620 674 300 138 2,905 Domestic use : 513 244 352 106 89 1,304 Exports : 445 240 155 130 30 1,000 Use, total : 958 484 507 236 119 2,304 Ending stocks, total : October : 216 136 167 64 19 601 September : 243 90 174 52 16 574 =============================================================================== 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-463-12 U.S. Feed Grain and Corn Supply and Use 1/ =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :============================== : : Est. : September October =============================================================================== FEED GRAINS : Area : Million acres Planted : 92.5 109.1 101.9 102.5 Harvested : 80.1 98.4 90.8 91.6 Yield per harvested : Metric tons acre : 3.50 3.57 3.56 3.58 : Million metric tons Beginning stocks : 54.7 36.2 43.8 45.1 Production : 279.9 350.9 323.5 328.2 Imports : 2.4 3.3 2.7 2.7 Supply, total : 337.1 390.3 370.0 376.0 Feed and residual : 148.2 159.6 140.5 145.6 Food, seed & industrial : 94.4 115.8 144.7 141.9 Domestic, total : 242.6 275.4 285.2 287.5 Exports : 58.3 69.9 54.7 54.9 Use, total : 300.9 345.2 339.9 342.4 Ending stocks, total : 36.2 45.1 30.2 33.5 CCC inventory : 0.0 0.0 0.0 Free stocks : 36.2 45.1 33.5 Outstanding loans : 3.0 2.7 5.1 : CORN : Area : Million acres Planted : 78.3 93.6 87.0 86.9 Harvested : 70.6 86.5 79.3 79.2 Yield per harvested : Bushels acre : 149.1 151.1 152.3 154.0 : Million bushels Beginning stocks : 1,967 1,304 1,576 1,624 Production : 10,535 13,074 12,072 12,200 Imports : 12 18 15 15 Supply, total : 12,514 14,396 13,663 13,839 Feed and residual : 5,595 5,999 5,200 5,350 Food, seed & industrial : 3,490 4,338 5,445 5,335 Ethanol for fuel 2/ : 2,119 3,000 4,100 4,000 Domestic, total : 9,085 10,336 10,645 10,685 Exports : 2,125 2,435 2,000 2,000 Use, total : 11,210 12,771 12,645 12,685 Ending stocks, total : 1,304 1,624 1,018 1,154 CCC inventory : 0 0 0 Free stocks : 1,304 1,624 1,154 Outstanding loans : 116 106 200 Avg. farm price ($/bu) 3/ : 3.04 4.20 5.00- 6.00 4.20- 5.20 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for corn and sorghum; June 1 for barley and oats. 2/ For a further breakout of FSI corn uses including ethanol, see the ERS Feed Outlook table 5, or Feed Grains Database at "www.ers.usda.gov/db/feedgrains." 3/ Marketing-year weighted average price received by farmers. WASDE-463-13 U.S. Sorghum, Barley and Oats Supply and Use 1/ =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :============================== : : Est. : September October =============================================================================== : Million bushels SORGHUM : Area planted (mil. acres) : 6.5 7.7 7.3 8.1 Area harv. (mil. acres) : 4.9 6.8 6.4 7.2 Yield (bushels/acre) : 56.2 74.2 66.1 64.1 Beginning stocks : 66 32 52 53 Production : 278 505 426 464 Imports : 0 0 0 0 Supply, total : 343 537 478 517 Feed and residual : 114 171 210 235 Food, seed & industrial : 45 35 70 70 Total domestic : 159 206 280 305 Exports : 153 278 130 140 Use, total : 311 484 410 445 Ending stocks, total : 32 53 68 72 Avg. farm price ($/bu) 2/ : 3.29 4.08 4.45- 5.45 3.70- 4.70 : BARLEY : Area planted (mil. acres) : 3.5 4.0 4.1 4.2 Area harv. (mil. acres) : 3.0 3.5 3.6 3.8 Yield (bushels/acre) : 61.1 60.4 59.9 63.6 Beginning stocks : 108 69 68 68 Production : 180 212 218 239 Imports : 12 32 25 25 Supply, total : 300 312 311 333 Feed and residual : 49 34 50 80 Food, seed & industrial : 162 168 160 160 Total domestic : 211 203 210 240 Exports : 20 41 25 25 Use, total : 231 244 235 265 Ending stocks, total : 69 68 76 68 Avg. farm price ($/bu) 2/ : 2.85 4.02 5.15- 6.15 4.60- 5.60 : OATS : Area planted (mil. acres) : 4.2 3.8 3.5 3.2 Area harv. (mil. acres) : 1.6 1.5 1.4 1.4 Yield (bushels/acre) : 59.8 60.9 62.3 63.5 Beginning stocks : 53 51 67 67 Production : 94 92 90 89 Imports : 106 123 105 105 Supply, total : 252 265 262 260 Feed and residual : 125 121 120 120 Food, seed & industrial : 74 75 75 75 Total domestic : 199 196 195 195 Exports : 3 3 3 3 Use, total : 202 199 198 198 Ending stocks, total : 51 67 64 62 Avg. farm price ($/bu) 2/ : 1.87 2.63 3.10- 3.80 2.65- 3.35 =============================================================================== 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-463-14 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :============================== : : Est. : September October =============================================================================== TOTAL : Area : Million acres Planted : 2.84 2.76 2.94 2.94 Harvested : 2.82 2.75 2.92 2.92 Yield per harvested : Pounds acre : 6,868 7,185 7,076 6,982 : : Million hundredweight Beginning stocks 2/ : 43.0 39.3 29.4 29.4 Production : 193.7 197.5 206.9 204.1 Imports : 20.6 23.9 25.5 25.5 Supply, total : 257.3 260.7 261.9 259.1 Domestic & residual 3/ : 127.2 123.3 126.0 126.0 Exports, total 4/ : 90.8 107.9 110.0 108.0 Rough : 32.1 40.2 38.0 37.0 Milled (rough equiv.) : 58.7 67.8 72.0 71.0 Use, total : 218.0 231.2 236.0 234.0 Ending stocks : 39.3 29.4 25.9 25.1 Avg. milling yield (%) 5/ : 71.0 70.5 70.5 70.5 Avg. farm price ($/cwt) 6/ : 9.96 12.80 15.75-16.75 15.85-16.85 : LONG GRAIN : Harvested acres (mil.) : 2.19 2.05 Yield (pounds/acre) : 6,689 6,929 Beginning stocks : 32.7 28.5 19.0 19.0 Production : 146.2 142.2 157.3 155.2 Supply, total 7/ : 193.1 188.4 195.4 193.3 Domestic & Residual 3/ : 92.6 87.5 91.0 91.0 Exports 8/ : 72.0 81.9 86.5 85.0 Use, total : 164.6 169.3 177.5 176.0 Ending stocks : 28.5 19.0 17.9 17.3 Avg. farm price ($/cwt) 6/ : 9.47 12.50 15.00-16.00 15.50-16.50 : MEDIUM & SHORT GRAIN : Harvested acres (mil.) : 0.64 0.70 Yield (pounds/acre) : 7,484 7,942 Beginning stocks : 9.4 10.0 9.1 9.1 Production : 47.5 55.3 49.6 48.9 Supply, total 7/ : 63.4 71.0 65.1 64.5 Domestic & Residual 3/ : 34.6 35.8 35.0 35.0 Exports 8/ : 18.8 26.1 23.5 23.0 Use, total : 53.4 61.9 58.5 58.0 Ending stocks : 10.0 9.1 6.6 6.5 Avg. farm price ($/cwt) 6/ : 12.10 13.80 19.50-20.50 17.50-18.50 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning August 1. 2/ Includes the following quantities of broken kernel rice (type undetermined) not included in estimates of beginning stocks by type (in mil. cwt): 2006/07-0.9; 2007/08-0.8; 2008/09-1.3. 3/ Residual includes unreported use, processing losses, and estimating errors. Use by type may not add to total rice use because of the difference in brokens between beginning and ending stocks. 4/ Includes rough rice and milled rice exports. Milled rice exports are converted to an equivalent rough basis. 5/ Expressed as a percent, i.e., the total quantity of whole kernel and broken rice produced divided by the quantity of rough rice milled. 6/ Marketing-year weighted average price received by farmers. 7/ Includes imports. 8/ Exports by type of rice are estimated. WASDE-463-15 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :=============================== : : Est. : September October =============================================================================== SOYBEANS: : Million acres Area : Planted : 75.5 64.7 74.8 77.0 Harvested : 74.6 64.1 73.3 75.5 : : Bushels Yield per harvested : acre : 42.7 41.7 40.0 39.5 : : Million bushels : Beginning stocks : 449 574 140 205 Production : 3,188 2,676 2,934 2,983 Imports : 9 10 10 7 Supply, total : 3,647 3,260 3,084 3,195 Crushings : 1,808 1,801 1,785 1,760 Exports : 1,116 1,160 1,000 1,050 Seed : 80 95 90 90 Residual : 69 -2 74 75 Use, total : 3,073 3,055 2,949 2,975 Ending stocks : 574 205 135 220 Avg. farm price ($/bu) 2/ : 6.43 10.10 11.60-13.10 9.60 -11.10 : : : Million pounds SOYBEAN OIL: : Beginning stocks : 3,010 3,085 2,635 2,375 Production : 20,489 20,630 3/ 20,350 20,065 Imports : 37 60 50 50 Supply, total : 23,536 23,775 23,035 22,490 Domestic : 18,575 18,400 18,350 18,100 For methyl ester : 2,762 3,050 3,100 3,100 Exports : 1,877 3,000 2,350 2,350 Use, total : 20,451 21,400 20,700 20,450 Ending stocks : 3,085 2,375 2,335 2,040 Average price (c/lb) 2/ : 31.02 52.03 52.00- 44.00- : 56.00 48.00 : : Thousand short tons SOYBEAN MEAL: : Beginning stocks : 314 346 300 300 Production : 43,054 42,314 3/ 42,435 41,835 Imports : 156 140 165 165 Supply, total : 43,524 42,800 42,900 42,300 Domestic : 34,374 33,200 34,000 33,400 Exports : 8,804 9,300 8,600 8,600 Use, total : 43,178 42,500 42,600 42,000 Ending stocks : 346 300 300 300 Average price ($/s.t.) 2/ : 205.44 335.94 330.00- 260.00- : 390.00 320.00 =============================================================================== 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. 3/ Based on an October year crush of 1,783 million bushels. WASDE-463-16 U.S. Sugar Supply and Use 1/ ====================================================================== : : : 2008/09 Projection Item : 2006/07 : 2007/08 :====================== : : Est. : September October ====================================================================== : 1,000 short tons, raw value : Beginning stocks : 1,698 1,799 1,568 1,509 Production 2/ : 8,446 8,179 7,454 7,656 Beet sugar : 5,008 4,746 4,000 4,200 Cane sugar : 3,438 3,433 3,454 3,456 Florida : 1,719 1,643 1,747 1,747 Hawaii : 222 190 223 225 Louisiana : 1,320 1,442 1,300 1,300 Texas : 177 158 184 184 Imports : 2,080 2,456 2,443 2,451 TRQ 3/ : 1,624 1,352 1,458 1,466 Other program 4/ : 390 559 425 425 Other 5/ : 66 545 560 560 Mexico : 60 535 550 550 Total supply : 12,224 12,434 11,465 11,616 : Exports : 422 210 250 250 Deliveries : 10,135 10,715 10,710 10,710 Food : 9,913 10,500 10,500 10,500 Other 6/ : 222 215 210 210 Miscellaneous 7/ : -132 0 0 0 Total use : 10,425 10,925 10,960 10,960 Ending stocks : 1,799 1,509 505 656 : Stocks to use ratio : 17.3 13.8 4.6 6.0 ====================================================================== 1/ Fiscal years beginning Oct 1. Historical data are from FSA, "Sweetener Market Data" except imports (U.S. Customs Service, Census Bureau). 2/ For 2008/09, FSA compilations of processor projections (FL, HI, TX cane). Trend sugar per acre applied to LA area for harvest adjusted for seed, and trend recovery rate applied to sugabeets. 3/ For 2008/09, includes tariff rate quota shortfall of 100,000 tons. 4/ Includes sugar under the re- export and polyhydric alcohol programs. 5/ Does not include Mexico TRQ imports. For 2006/07, other high-tier (0) and other (6). For 2007/08, other high-tier (10) and other (0). For 2008/09, other high-tier (10) and other (0). 6/ Transfers to sugar-containing products for reexport, and for nonedible alcohol and feed. 7/ 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 : : : : : ========================================================================== 1,000 metric tons, raw value Sugar 2007/08 est. Sep 1,718 5,856 200 5,720 505 1,549 Oct 1,718 5,852 210 5,720 500 1,560 2008/09 proj. Sep 1,549 5,850 225 5,805 500 1,319 Oct 1,560 5,850 225 5,780 500 1,355 ========================================================================== 1/ U.S. HFCS exports to Mexico (metric tons, dry-weight basis): Oct-Sep 2006/07 = 277,767; Oct-Jul 2006/07 = 206,288; Oct-Jul 2007/08 = 346,833. Footnote source: U.S. Census Bureau. WASDE-463-17 U. S. Cotton Supply and Use 1/ =============================================================================== : : : 2008/09 Projections Item : 2006/07 : 2007/08 :=============================== : : Est. : September October =============================================================================== : Million acres Area : Planted : 15.27 10.83 9.41 9.41 Harvested : 12.73 10.49 7.83 7.76 : : Pounds Yield per harvested : acre : 814 879 849 849 : : Million 480 pound bales : Beginning stocks 2/ : 6.07 9.48 9.90 9.89 Production : 21.59 19.21 13.85 13.71 Imports : 0.02 0.01 0.02 0.02 Supply, total : 27.68 28.70 23.76 23.62 Domestic use : 4.94 4.61 4.40 4.40 Exports : 13.01 13.65 14.50 13.00 Use, total : 17.95 18.26 18.90 17.40 Unaccounted 3/ : 0.25 0.55 -0.04 0.02 Ending stocks : 9.48 9.89 4.90 6.20 : Avg. farm price 4/ : 46.5 59.3 57.0-69.0 51.0-62.0 =============================================================================== 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-463-18 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/ : 147.64 596.30 113.25 106.27 616.93 111.20 127.02 United States : 15.55 49.32 3.32 3.29 31.04 24.73 12.41 Total foreign : 132.09 546.99 109.93 102.98 585.89 86.48 114.60 Major exporters 4/ : 43.21 176.16 5.56 69.82 146.85 52.54 25.54 Argentina : 0.50 15.20 0.01 0.08 4.90 10.50 0.31 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/ : 59.73 174.74 54.89 7.70 220.68 5.68 63.00 Brazil : 1.18 2.23 7.62 0.20 10.40 0.00 0.63 China : 34.39 108.47 0.38 4.00 102.00 2.78 38.46 Select. Mideast 7/ : 6.82 20.10 10.52 1.55 30.31 0.55 6.58 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/ : 127.02 610.88 112.12 94.95 618.10 114.85 119.80 United States : 12.41 56.25 3.07 0.82 29.00 34.40 8.32 Total foreign : 114.60 554.64 109.05 94.13 589.10 80.44 111.47 Major exporters 4/ : 25.54 168.38 7.44 58.10 135.68 45.81 19.86 Argentina : 0.31 16.00 0.00 0.08 5.43 10.00 0.88 Australia : 4.41 13.04 0.11 3.50 6.20 7.47 3.89 Canada : 6.80 20.05 0.39 2.08 6.31 16.12 4.82 EU-27 5/ : 14.03 119.29 6.93 52.44 117.74 12.23 10.28 Major importers 6/ : 63.00 175.61 58.14 8.92 223.33 8.81 64.61 Brazil : 0.63 3.83 7.00 0.20 10.40 0.77 0.29 China : 38.46 109.86 0.05 6.00 104.00 2.84 41.53 Select. Mideast 7/ : 6.58 20.29 9.23 1.00 29.25 0.55 6.30 N. Africa 8/ : 11.23 13.82 21.67 0.20 35.47 0.28 10.97 Pakistan : 1.99 23.30 1.49 0.40 22.40 2.20 2.18 Southeast Asia 9/ : 2.46 0.00 9.86 0.72 10.13 0.57 1.61 Selected other : India : 4.50 75.81 1.88 0.20 75.73 0.05 6.41 FSU-12 : 8.86 92.69 5.89 23.63 75.56 21.88 10.00 Russia : 2.38 49.40 0.34 15.05 37.70 12.22 2.20 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-463-19 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/ : September : 118.49 676.28 120.23 124.47 654.88 122.88 139.89 October : 119.80 680.20 120.83 123.70 655.58 123.18 144.41 United States : September : 8.32 67.02 2.72 6.80 35.22 27.22 15.62 October : 8.32 68.03 2.72 7.08 35.49 27.22 16.37 Total foreign : September : 110.17 609.26 117.51 117.67 619.67 95.67 124.26 October : 111.47 612.17 118.11 116.62 620.10 95.97 128.05 Major exporters 4/ : September : 19.85 207.09 5.38 72.58 151.78 57.00 23.54 October : 19.86 207.97 5.38 70.78 150.98 57.50 24.74 Argentina Sep : 0.88 12.50 0.01 0.08 5.48 7.50 0.41 Oct : 0.88 12.00 0.01 0.08 5.48 7.00 0.40 Australia Sep : 3.87 22.00 0.08 3.50 6.20 14.00 5.75 Oct : 3.89 21.50 0.08 3.50 6.20 14.00 5.26 Canada Sep : 4.82 25.40 0.30 3.00 7.60 17.50 5.42 Oct : 4.82 27.30 0.30 3.20 7.80 18.50 6.12 EU-27 5/ Sep : 10.28 147.19 5.00 66.00 132.50 18.00 11.97 Oct : 10.28 147.17 5.00 64.00 131.50 18.00 12.95 Major importers 6/ : September : 63.99 175.31 64.93 12.55 229.07 6.78 68.39 October : 64.61 175.31 65.03 12.55 229.18 6.78 69.01 Brazil Sep : 0.35 5.40 7.00 0.20 10.55 1.20 1.00 Oct : 0.29 5.40 7.00 0.20 10.55 1.20 0.94 China Sep : 41.53 114.00 0.03 9.00 107.00 2.00 46.56 Oct : 41.53 114.00 0.03 9.00 107.00 2.00 46.56 Sel. Mideast 7/Sep : 6.27 13.91 15.25 1.55 30.25 0.55 4.63 Oct : 6.30 13.91 15.45 1.55 30.50 0.55 4.60 N. Africa 8/ Sep : 10.04 15.78 20.30 0.20 35.88 0.23 10.02 Oct : 10.97 15.78 20.20 0.20 35.93 0.23 10.80 Pakistan Sep : 2.30 21.50 2.00 0.40 22.60 1.00 2.20 Oct : 2.18 21.50 2.00 0.40 22.60 1.00 2.08 SE Asia 9/ Sep : 1.57 0.00 11.25 0.95 10.50 0.53 1.79 Oct : 1.61 0.00 11.25 0.95 10.50 0.53 1.84 Selected other : India Sep : 6.41 78.40 0.00 0.10 77.60 0.05 7.16 Oct : 6.41 78.40 0.00 0.10 77.60 0.05 7.16 FSU-12 Sep : 10.69 110.67 5.73 27.70 81.05 28.74 17.30 Oct : 10.00 112.74 5.81 28.83 82.83 28.64 17.08 Russia Sep : 2.30 60.00 0.40 18.00 41.50 14.00 7.20 Oct : 2.20 61.00 0.40 19.00 43.00 14.00 6.60 Kazakhstan Sep : 3.17 12.70 0.03 2.70 7.50 5.40 3.00 Oct : 1.91 12.50 0.03 2.70 7.50 5.20 1.74 Ukraine Sep : 1.54 24.50 0.10 4.00 14.00 9.00 3.14 Oct : 1.53 25.50 0.10 4.00 14.00 9.00 4.13 =============================================================================== 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-463-20 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/ : 165.40 989.07 113.24 635.45 1016.05 117.44 138.42 United States : 54.77 280.11 2.55 148.27 242.91 58.34 36.17 Total foreign : 110.63 708.96 110.69 487.18 773.13 59.09 102.25 Major exporters 4/ : 13.31 65.03 3.38 36.17 49.61 23.06 9.05 Argentina : 1.46 27.54 0.01 7.16 9.82 16.90 2.29 Australia : 3.08 6.58 0.02 4.92 6.16 2.02 1.51 Canada : 6.33 23.15 2.17 19.49 24.50 3.65 3.50 Major importers 5/ : 42.46 212.11 84.98 223.83 298.55 5.68 35.31 EU-27 6/ : 22.27 137.43 7.99 110.21 147.71 4.69 15.29 Japan : 1.74 0.18 19.67 14.88 19.82 0.00 1.76 Mexico : 3.34 29.14 11.06 23.40 39.92 0.22 3.40 N. Afr & Mideast 7/: 8.11 27.77 20.81 40.58 47.86 0.31 8.52 Saudi Arabia : 2.72 0.34 8.28 8.53 8.75 0.00 2.58 Southeast Asia 8/ : 2.12 16.88 3.97 15.01 20.77 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 1.77 36.18 43.34 11.06 3.71 China : 35.81 159.10 1.16 105.36 153.70 5.41 36.95 FSU-12 : 5.55 58.70 0.93 35.49 51.44 8.46 5.28 Russia : 1.33 30.20 0.36 18.60 28.60 1.62 1.67 Ukraine : 2.40 19.18 0.05 9.95 13.38 6.13 2.12 : : 2007/08 (Estimated) : World 3/ : 138.42 1077.05 124.15 657.99 1065.41 123.31 150.05 United States : 36.17 351.06 3.45 159.70 275.76 69.86 45.06 Total foreign : 102.25 725.98 120.70 498.29 789.65 53.44 105.00 Major exporters 4/ : 9.05 76.15 3.60 37.26 51.77 28.46 8.58 Argentina : 2.29 25.40 0.00 7.57 10.33 16.91 0.46 Australia : 1.51 9.90 0.00 5.40 6.70 3.99 0.72 Canada : 3.50 27.84 3.27 19.08 24.54 6.04 4.03 Major importers 5/ : 35.31 210.91 95.72 229.60 305.08 5.28 31.58 EU-27 6/ : 15.29 136.39 19.76 115.56 153.37 4.60 13.47 Japan : 1.76 0.20 19.26 14.37 19.39 0.00 1.83 Mexico : 3.40 29.73 10.56 23.56 40.34 0.10 3.25 N. Afr & Mideast 7/: 8.52 25.08 20.43 40.19 47.43 0.01 6.60 Saudi Arabia : 2.58 0.32 9.00 9.03 9.25 0.00 2.65 Southeast Asia 8/ : 1.73 18.76 3.18 15.42 21.38 0.57 1.72 South Korea : 1.35 0.35 9.17 7.25 9.43 0.00 1.44 Selected other : Brazil : 3.71 61.04 0.86 39.85 47.49 7.76 10.37 China : 36.95 159.01 1.28 106.02 157.10 0.95 39.20 FSU-12 : 5.28 53.91 0.82 34.50 50.32 5.26 4.44 Russia : 1.67 29.33 0.43 18.68 28.85 1.20 1.38 Ukraine : 2.12 14.59 0.07 9.06 12.16 3.08 1.53 =============================================================================== 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-463-21 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/ : September : 150.67 1086.70 109.60 647.48 1090.34 112.98 147.02 October : 150.05 1094.29 107.95 655.50 1097.17 111.64 147.17 United States : September : 43.81 323.70 2.91 140.66 285.55 54.70 30.17 October : 45.06 328.39 2.91 145.78 287.88 54.95 33.53 Total foreign : September : 106.86 763.00 106.69 506.82 804.79 58.28 116.85 October : 105.00 765.90 105.04 509.73 809.29 56.69 113.64 Major exporters 4/ : September : 9.27 74.68 3.05 36.53 51.82 25.01 10.18 October : 8.58 75.20 2.05 38.23 53.52 22.71 9.60 Argentina Sep : 0.96 25.92 0.00 7.26 10.07 15.06 1.75 Oct : 0.46 25.92 0.00 9.06 11.87 12.76 1.75 Australia Sep : 0.72 11.36 0.00 5.97 7.31 3.78 0.99 Oct : 0.72 11.36 0.00 5.97 7.31 3.78 0.99 Canada Sep : 4.22 25.42 2.73 18.09 24.26 3.65 4.46 Oct : 4.03 25.94 1.73 17.99 24.16 3.65 3.89 Major importers 5/ : September : 31.65 228.73 82.13 224.73 301.64 5.91 34.95 October : 31.58 231.27 81.38 223.63 300.65 6.86 36.72 EU-27 6/ Sep : 13.42 153.26 4.16 109.72 148.74 5.20 16.90 Oct : 13.47 155.81 3.26 108.73 147.74 6.20 18.59 Japan Sep : 1.83 0.18 19.16 14.39 19.31 0.00 1.85 Oct : 1.83 0.18 19.16 14.39 19.31 0.00 1.85 Mexico Sep : 3.23 31.18 10.98 24.71 41.56 0.10 3.73 Oct : 3.25 31.18 10.88 24.51 41.46 0.10 3.75 N Afr/M.East 7/Sep : 6.70 24.90 22.37 40.43 47.90 0.05 6.02 Oct : 6.60 24.90 22.62 40.53 48.00 0.00 6.12 Saudi Arabia Sep : 2.65 0.33 9.50 9.23 9.46 0.00 3.01 Oct : 2.65 0.33 9.50 9.23 9.46 0.00 3.01 S.-east Asia 8/Sep : 1.76 18.37 3.83 16.07 22.05 0.56 1.35 Oct : 1.72 18.37 3.83 16.07 22.05 0.56 1.31 South Korea Sep : 1.44 0.34 7.77 5.95 8.13 0.00 1.42 Oct : 1.44 0.34 7.77 5.95 8.13 0.00 1.42 Selected other : Brazil Sep : 11.57 59.86 0.76 40.08 47.81 9.30 15.08 Oct : 10.37 57.86 0.76 42.08 50.31 9.30 9.38 China Sep : 39.20 163.70 1.43 114.23 166.73 0.65 36.95 Oct : 39.20 163.70 1.43 114.23 166.73 0.65 36.95 FSU-12 Sep : 4.45 71.30 0.59 38.23 54.91 12.24 9.20 Oct : 4.44 72.75 0.69 38.43 55.33 12.04 10.51 Russia Sep : 1.17 36.75 0.35 20.95 31.58 2.75 3.94 Oct : 1.38 38.05 0.35 21.10 31.98 2.75 5.05 Ukraine Sep : 1.54 23.48 0.05 9.80 13.23 8.60 3.24 Oct : 1.53 23.48 0.05 9.80 13.23 8.60 3.23 =============================================================================== 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-463-22 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/ : 124.78 712.44 90.92 477.79 728.53 93.80 108.69 United States : 49.97 267.60 0.30 142.11 230.77 53.99 33.11 Total foreign : 74.81 444.84 90.62 335.68 497.76 39.81 75.58 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 54.52 110.36 154.16 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 48.70 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 3.96 14.95 20.70 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 8.46 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/ : 108.69 790.99 95.87 499.88 776.80 95.77 122.88 United States : 33.11 332.09 0.46 152.38 262.56 61.85 41.26 Total foreign : 75.58 458.89 95.42 347.50 514.24 33.92 81.62 Major exporters 4/ : 3.32 33.00 0.20 10.10 16.60 16.50 3.42 Argentina : 1.66 20.50 0.00 5.10 7.00 15.00 0.16 South Africa : 1.66 12.50 0.20 5.00 9.60 1.50 3.26 Major importers 5/ : 16.29 95.03 59.95 111.95 155.60 1.15 14.51 Egypt : 0.92 6.17 4.20 8.30 10.40 0.00 0.89 EU-27 6/ : 7.38 47.37 13.50 49.00 62.00 0.50 5.75 Japan : 1.15 0.00 16.60 11.80 16.50 0.00 1.25 Mexico : 3.08 22.65 9.20 16.20 32.00 0.10 2.83 Southeast Asia 7/ : 1.73 18.69 3.15 15.35 21.30 0.55 1.72 South Korea : 1.35 0.08 9.10 7.20 9.10 0.00 1.44 Selected other : Brazil : 3.59 58.60 0.55 38.00 45.00 7.50 10.24 Canada : 1.34 11.65 3.20 10.35 13.85 0.90 1.45 China : 36.60 151.83 0.05 105.00 149.00 0.60 38.88 FSU-12 : 1.77 13.79 0.45 10.99 12.68 2.08 1.25 Ukraine : 1.07 7.40 0.02 5.00 5.70 2.00 0.79 =============================================================================== 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-463-23 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/ : September : 123.46 782.96 83.23 486.23 796.47 86.07 109.94 October : 122.88 785.25 81.33 492.34 800.37 83.87 107.76 United States : September : 40.02 306.65 0.38 132.09 270.40 50.80 25.86 October : 41.26 309.89 0.38 135.90 271.41 50.80 29.31 Total foreign : September : 83.44 476.31 82.85 354.15 526.08 35.27 84.09 October : 81.62 475.35 80.95 356.45 528.95 33.07 78.44 Major exporters 4/ : September : 3.92 30.50 0.20 8.80 15.30 15.50 3.82 October : 3.42 30.50 0.20 10.60 17.10 13.50 3.52 Argentina Sep : 0.66 19.00 0.00 3.80 5.70 13.00 0.96 Oct : 0.16 19.00 0.00 5.60 7.50 11.00 0.66 South Africa Sep : 3.26 11.50 0.20 5.00 9.60 2.50 2.86 Oct : 3.26 11.50 0.20 5.00 9.60 2.50 2.86 Major importers 5/ : September : 14.50 106.84 48.60 109.80 154.77 1.64 13.53 October : 14.51 107.86 47.60 109.30 154.27 1.64 14.06 Egypt Sep : 0.89 6.18 4.30 8.30 10.60 0.00 0.77 Oct : 0.89 6.18 4.30 8.30 10.60 0.00 0.77 EU-27 6/ Sep : 5.70 58.14 3.00 47.00 61.00 1.00 4.83 Oct : 5.75 59.15 2.50 47.00 61.00 1.00 5.40 Japan Sep : 1.25 0.00 16.10 11.50 16.10 0.00 1.25 Oct : 1.25 0.00 16.10 11.50 16.10 0.00 1.25 Mexico Sep : 2.83 24.00 9.50 17.00 33.00 0.10 3.23 Oct : 2.83 24.00 9.00 16.50 32.50 0.10 3.23 S.-east Asia 7/Sep : 1.76 18.30 3.80 16.00 21.98 0.54 1.35 Oct : 1.72 18.30 3.80 16.00 21.98 0.54 1.31 South Korea Sep : 1.44 0.08 7.70 5.90 7.80 0.00 1.42 Oct : 1.44 0.08 7.70 5.90 7.80 0.00 1.42 Selected other : Brazil Sep : 11.44 57.00 0.50 38.00 45.00 9.00 14.94 Oct : 10.24 55.00 0.50 40.00 47.50 9.00 9.24 Canada Sep : 1.64 9.90 2.60 8.60 12.60 0.30 1.24 Oct : 1.45 9.90 1.60 7.50 11.50 0.30 1.15 China Sep : 38.88 156.00 0.10 113.00 158.00 0.50 36.48 Oct : 38.88 156.00 0.10 113.00 158.00 0.50 36.48 FSU-12 Sep : 1.25 18.42 0.23 12.53 14.26 3.38 2.25 Oct : 1.25 18.12 0.33 12.53 14.26 3.18 2.25 Ukraine Sep : 0.79 9.00 0.03 5.00 5.70 3.00 1.11 Oct : 0.79 9.00 0.03 5.00 5.70 3.00 1.11 =============================================================================== 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-463-24 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/ : 75.68 420.41 27.81 421.10 31.30 74.98 United States : 1.37 6.24 0.65 4.07 2.92 1.27 Total foreign : 74.31 414.17 27.15 417.03 28.37 73.71 Major exporters 4/ : 15.73 139.72 0.46 117.75 22.42 15.73 India : 10.52 93.35 0.00 86.94 5.50 11.43 Pakistan : 0.30 5.20 0.00 2.26 2.84 0.40 Thailand : 3.59 18.25 0.01 9.78 9.56 2.51 Vietnam : 1.32 22.92 0.45 18.78 4.52 1.39 Major importers 5/ : 12.80 60.19 11.58 70.12 0.42 14.03 Brazil : 0.90 7.70 0.75 7.96 0.23 1.16 EU-27 6/ : 1.18 1.69 1.17 2.76 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 2.96 5.06 0.05 1.50 Selected other : Burma : 0.70 10.60 0.00 10.67 0.03 0.60 C. Amer & Carib 8/ : 0.19 0.06 0.37 0.48 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 0.24 4.89 0.16 0.69 : : 2007/08 (Estimated) World 3/ : 74.98 430.19 25.61 427.48 30.37 77.69 United States : 1.27 6.31 0.76 3.95 3.45 0.94 Total foreign : 73.71 423.88 24.85 423.54 26.92 76.75 Major exporters 4/ : 15.73 145.35 0.41 121.82 21.85 17.83 India : 11.43 96.43 0.00 90.76 4.10 13.00 Pakistan : 0.40 5.50 0.00 2.45 3.00 0.45 Thailand : 2.51 19.30 0.01 9.60 10.00 2.22 Vietnam : 1.39 24.13 0.40 19.01 4.75 2.16 Major importers 5/ : 14.03 61.72 9.42 71.77 0.60 12.80 Brazil : 1.16 8.35 0.50 8.43 0.43 1.16 EU-27 6/ : 1.14 1.68 1.10 2.75 0.15 1.02 Indonesia : 4.61 35.50 0.50 36.35 0.00 4.26 Nigeria : 0.60 3.00 1.60 4.70 0.00 0.50 Philippines : 4.87 10.08 2.00 12.60 0.00 4.35 Sel. Mideast 7/ : 1.50 2.38 2.76 5.20 0.02 1.42 Selected other : Burma : 0.60 10.73 0.05 10.30 0.45 0.63 C. Amer & Carib 8/ : 0.14 0.06 0.38 0.52 0.00 0.05 China : 35.92 129.84 0.30 127.34 1.00 37.72 Egypt : 0.37 4.39 0.02 3.66 0.45 0.67 Japan : 2.41 7.93 0.70 8.15 0.20 2.69 Mexico : 0.15 0.20 0.60 0.76 0.01 0.17 South Korea : 0.69 4.41 0.27 4.64 0.00 0.73 =============================================================================== 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-463-25 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/ : September : 77.26 431.98 26.31 428.88 28.25 80.36 October : 77.69 433.23 26.53 430.38 28.33 80.54 United States : September : 0.94 6.62 0.81 4.02 3.52 0.83 October : 0.94 6.53 0.81 4.02 3.45 0.80 Total foreign : September : 76.32 425.36 25.50 424.86 24.73 79.53 October : 76.75 426.70 25.72 426.36 24.88 79.73 Major exporters 4/ : September : 17.83 146.00 0.31 124.76 19.85 19.53 October : 17.83 146.20 0.31 124.96 19.85 19.53 India Sep : 13.00 97.00 0.00 93.50 2.00 14.50 Oct : 13.00 97.00 0.00 93.50 2.00 14.50 Pakistan Sep : 0.45 5.80 0.00 2.52 3.15 0.58 Oct : 0.45 6.00 0.00 2.72 3.15 0.58 Thailand Sep : 2.22 19.50 0.01 9.50 9.50 2.73 Oct : 2.22 19.50 0.01 9.50 9.50 2.73 Vietnam Sep : 2.16 23.70 0.30 19.24 5.20 1.72 Oct : 2.16 23.70 0.30 19.24 5.20 1.72 Major importers 5/ : September : 12.80 61.98 10.48 72.85 0.47 11.95 October : 12.80 61.98 10.48 72.85 0.47 11.95 Brazil Sep : 1.16 8.50 0.60 8.71 0.30 1.25 Oct : 1.16 8.50 0.60 8.71 0.30 1.25 EU-27 6/ Sep : 1.02 1.62 1.20 2.75 0.15 0.94 Oct : 1.02 1.62 1.20 2.75 0.15 0.94 Indonesia Sep : 4.26 36.25 0.80 36.85 0.00 4.46 Oct : 4.26 36.25 0.80 36.85 0.00 4.46 Nigeria Sep : 0.50 3.10 1.60 4.80 0.00 0.40 Oct : 0.50 3.10 1.60 4.80 0.00 0.40 Philippines Sep : 4.35 10.20 2.50 13.20 0.00 3.85 Oct : 4.35 10.20 2.50 13.20 0.00 3.85 Sel. Mideast 7/Sep : 1.42 1.59 2.82 4.79 0.02 1.00 Oct : 1.42 1.59 2.82 4.79 0.02 1.00 Selected other : Burma Sep : 0.60 9.40 0.00 9.70 0.00 0.30 Oct : 0.63 9.80 0.03 10.00 0.20 0.26 C. Am & Car. 8/Sep : 0.05 0.06 0.39 0.48 0.00 0.02 Oct : 0.05 0.05 0.39 0.47 0.00 0.02 China Sep : 37.72 130.55 0.33 127.65 1.10 39.85 Oct : 37.72 130.55 0.33 127.65 1.10 39.85 Egypt Sep : 0.67 4.39 0.02 3.63 0.80 0.65 Oct : 0.67 4.39 0.02 3.63 0.80 0.65 Japan Sep : 2.69 8.00 0.70 8.23 0.20 2.96 Oct : 2.69 8.00 0.70 8.23 0.20 2.96 Mexico Sep : 0.17 0.21 0.60 0.83 0.01 0.14 Oct : 0.17 0.21 0.60 0.83 0.01 0.14 South Korea Sep : 0.73 4.50 0.29 4.54 0.00 0.97 Oct : 0.73 4.50 0.29 4.54 0.00 0.97 =============================================================================== 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-463-26 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 : 62.26 121.99 37.45 123.47 37.12 -1.72 62.83 United States : 6.07 21.59 0.02 4.94 13.01 0.25 9.48 Total foreign : 56.19 100.40 37.43 118.53 24.11 -1.97 53.35 Major exporters 4/ : 19.82 45.69 2.27 27.44 20.37 -0.16 20.15 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 -0.18 7.67 Australia : 1.94 1.35 3/ 0.06 2.13 -0.05 1.15 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/ : 34.14 51.62 32.41 86.44 2.38 -1.81 31.16 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 2.02 2.36 1.58 0.06 0.83 Russia : 0.22 3/ 1.40 1.40 0.00 0.00 0.22 Turkey : 1.67 3.80 4.00 7.30 0.21 0.00 1.96 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 : 62.83 120.59 38.03 123.37 38.49 -1.90 61.50 United States : 9.48 19.21 0.01 4.61 13.65 0.55 9.89 Total foreign : 53.35 101.38 38.02 118.76 24.83 -2.45 51.61 Major exporters 4/ : 20.15 47.21 1.58 27.77 21.42 -0.14 19.90 Central Asia 5/ : 2.27 8.35 0.04 1.58 6.58 0.00 2.50 Afr. Fr. Zone 6/ : 1.13 2.42 3/ 0.19 2.53 0.00 0.83 S. Hemis. 7/ : 7.67 9.38 0.55 5.85 3.97 -0.15 7.93 Australia : 1.15 0.62 3/ 0.05 1.22 -0.02 0.53 Brazil : 5.41 7.36 0.16 4.60 2.23 -0.15 6.25 India : 7.66 24.60 0.45 18.30 7.20 0.00 7.21 Major importers 8/ : 31.16 51.24 33.79 86.42 2.31 -2.31 29.79 Mexico : 1.03 0.62 1.53 2.00 0.22 0.03 0.93 China : 20.54 37.00 11.53 52.00 0.06 -2.50 19.50 EU-27 9/ : 0.83 1.51 1.57 1.83 1.34 0.05 0.68 Russia : 0.22 3/ 1.20 1.23 0.00 0.00 0.20 Turkey : 1.96 3.10 3.27 6.20 0.26 0.00 1.86 Pakistan : 4.38 8.90 3.80 12.40 0.30 0.03 4.35 Indonesia : 0.35 0.03 2.30 2.23 0.02 0.05 0.39 Thailand : 0.35 0.02 1.93 1.93 0.00 0.03 0.34 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-463-27 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 : September : 60.83 112.17 38.52 123.70 38.51 -3.01 52.32 October : 61.50 113.76 36.19 122.31 36.14 -2.46 55.45 United States : September : 9.90 13.85 0.02 4.40 14.50 -0.04 4.90 October : 9.89 13.71 0.02 4.40 13.00 0.02 6.20 Total foreign : September : 50.93 98.32 38.50 119.30 24.01 -2.97 47.42 October : 51.61 100.05 36.17 117.91 23.14 -2.47 49.25 Major exporters 4/ : September : 19.58 46.43 2.02 27.70 20.92 -0.16 19.58 October : 19.90 47.10 1.53 27.55 20.13 -0.16 21.01 Central Asia 5/Sep : 2.41 7.63 0.20 1.61 6.52 0.00 2.12 Oct : 2.50 7.63 0.05 1.61 6.13 0.00 2.45 Afr. Fr. Zn. 6/Sep : 0.83 2.95 3/ 0.19 2.78 0.00 0.80 Oct : 0.83 2.95 3/ 0.19 2.69 0.00 0.90 S. Hemis 7/ Sep : 7.71 9.20 0.52 5.87 4.17 -0.18 7.56 Oct : 7.93 9.37 0.48 5.85 4.09 -0.18 8.02 Australia Sep : 0.53 1.20 3/ 0.05 1.00 -0.05 0.73 Oct : 0.53 1.20 3/ 0.05 0.95 -0.05 0.78 Brazil Sep : 6.04 6.40 0.20 4.60 2.60 -0.15 5.59 Oct : 6.25 6.50 0.20 4.60 2.55 -0.15 5.95 India Sep : 7.21 24.50 0.80 18.30 6.25 0.00 7.96 Oct : 7.21 25.00 0.50 18.20 6.10 0.00 8.41 Major importers 8/ : September : 29.45 48.86 33.81 87.01 1.97 -2.81 25.95 October : 29.79 49.83 32.03 85.79 1.89 -2.31 26.28 Mexico Sep : 0.93 0.68 1.35 1.95 0.18 0.03 0.81 Oct : 0.93 0.68 1.35 1.90 0.18 0.03 0.86 China Sep : 19.25 35.50 12.00 53.00 0.08 -3.00 16.68 Oct : 19.50 36.50 11.00 52.75 0.08 -2.50 16.68 EU-27 9/ Sep : 0.70 1.24 1.53 1.73 1.13 0.05 0.55 Oct : 0.68 1.22 1.43 1.62 1.07 0.05 0.59 Russia Sep : 0.20 3/ 1.20 1.20 0.00 0.00 0.20 Oct : 0.20 3/ 1.10 1.10 0.00 0.00 0.20 Turkey Sep : 1.76 2.30 3.20 5.60 0.23 0.00 1.43 Oct : 1.86 2.30 3.00 5.40 0.20 0.00 1.56 Pakistan Sep : 4.35 9.00 3.30 12.30 0.25 0.03 4.08 Oct : 4.35 9.00 3.30 12.20 0.25 0.03 4.18 Indonesia Sep : 0.39 0.03 2.30 2.30 0.02 0.05 0.35 Oct : 0.39 0.03 2.23 2.23 0.02 0.05 0.35 Thailand Sep : 0.34 0.02 1.98 1.98 0.00 0.03 0.33 Oct : 0.34 0.02 1.90 1.90 0.00 0.03 0.33 Bangladesh Sep : 0.58 0.06 3.05 3.05 0.00 0.01 0.63 Oct : 0.58 0.06 2.95 2.95 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-463-28 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/ : 53.08 236.56 69.03 195.38 224.52 71.50 62.65 United States : 12.23 86.77 0.25 49.20 53.24 30.39 15.62 Total foreign : 40.85 149.79 68.78 146.18 171.28 41.12 47.03 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 17.76 55.41 58.83 74.16 0.52 4.31 China : 4.57 15.20 28.73 35.48 45.40 0.45 2.66 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/ : 62.65 220.69 77.60 201.15 229.12 79.14 52.68 United States : 15.62 72.82 0.27 49.02 51.56 31.57 5.58 Total foreign : 47.03 147.87 77.33 152.12 177.55 47.57 47.10 Major exporters 3/ : 40.98 114.30 3.11 68.51 73.12 43.96 41.30 Argentina : 22.61 46.50 2.95 34.90 36.42 13.50 22.14 Brazil : 18.19 61.00 0.15 32.00 34.96 25.38 19.00 Major importers 4/ : 4.31 15.52 62.57 61.53 77.06 0.53 4.82 China : 2.66 13.50 36.50 38.75 48.85 0.45 3.36 EU-27 : 1.12 0.73 15.00 14.44 15.78 0.04 1.02 Japan : 0.27 0.23 4.05 2.86 4.26 0.00 0.29 Mexico : 0.04 0.08 3.65 3.70 3.74 0.00 0.03 : : 2008/09 (Projected) World 2/ : September : 50.13 237.99 77.47 206.38 236.76 77.60 51.23 October : 52.68 239.43 77.15 204.88 235.19 78.84 55.24 United States : September : 3.81 79.85 0.27 48.58 53.05 27.22 3.67 October : 5.58 81.19 0.19 47.90 52.40 28.58 5.98 Total foreign : September : 46.32 158.15 77.20 157.80 183.72 50.38 47.57 October : 47.10 158.24 76.96 156.98 182.78 50.27 49.26 Major exporters 3/ : September : 40.49 120.20 3.50 71.65 76.34 46.80 41.05 October : 41.30 120.20 3.52 71.15 75.84 46.50 42.68 Argentina Sep : 21.69 50.50 3.33 37.50 39.04 13.90 22.58 Oct : 22.14 50.50 3.35 37.00 38.54 14.10 23.35 Brazil Sep : 18.64 62.50 0.16 32.50 35.50 27.50 18.30 Oct : 19.00 62.50 0.15 32.50 35.50 27.00 19.15 Major importers 4/ : September : 4.87 18.44 61.84 63.45 79.30 0.46 5.40 October : 4.82 18.46 61.44 63.14 78.82 0.47 5.42 China Sep : 3.36 16.50 36.00 41.22 51.57 0.40 3.89 Oct : 3.36 16.50 36.00 41.22 51.57 0.40 3.89 EU-27 Sep : 1.02 0.63 14.35 13.80 14.99 0.04 0.98 Oct : 1.02 0.65 14.15 13.55 14.74 0.04 1.05 Japan Sep : 0.29 0.23 4.05 2.84 4.26 0.00 0.31 Oct : 0.29 0.23 4.05 2.84 4.26 0.00 0.31 Mexico Sep : 0.03 0.10 3.64 3.71 3.74 0.00 0.03 Oct : 0.03 0.10 3.64 3.70 3.74 0.00 0.03 =============================================================================== 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-463-29 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/ : 5.97 153.86 52.57 152.09 54.29 6.00 United States : 0.29 39.06 0.14 31.18 7.99 0.31 Total foreign : 5.68 114.80 52.42 120.91 46.31 5.69 Major exporters 3/ : 3.47 55.45 0.17 13.73 41.80 3.56 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 : 0.32 5.28 0.00 2.02 3.46 0.13 Major importers 4/ : 1.14 40.96 28.69 68.23 1.42 1.13 EU-27 : 0.87 11.55 22.18 33.19 0.55 0.86 China : 0.00 28.09 0.03 27.26 0.87 0.00 : : 2007/08 (Estimated) World 2/ : 6.00 158.15 55.14 157.09 55.61 6.59 United States : 0.31 38.39 0.13 30.12 8.44 0.27 Total foreign : 5.69 119.76 55.01 126.97 47.17 6.32 Major exporters 3/ : 3.56 58.43 0.18 14.21 43.51 4.44 Argentina : 1.52 27.30 0.00 0.67 26.50 1.65 Brazil : 1.91 24.75 0.17 12.00 12.11 2.72 India : 0.13 6.39 0.00 1.54 4.90 0.07 Major importers 4/ : 1.13 43.38 30.51 72.91 1.10 1.01 EU-27 : 0.86 11.41 23.90 34.89 0.42 0.86 China : 0.00 30.69 0.20 30.22 0.67 0.00 : : 2008/09 (Projected) World 2/ : September : 6.55 162.65 55.74 161.04 57.63 6.26 October : 6.59 161.58 55.51 159.94 57.45 6.30 United States : September : 0.27 38.50 0.15 30.84 7.80 0.27 October : 0.27 37.95 0.15 30.30 7.80 0.27 Total foreign : September : 6.28 124.15 55.59 130.20 49.83 5.99 October : 6.32 123.63 55.36 129.64 49.64 6.03 Major exporters 3/ : September : 4.33 60.93 0.13 15.05 46.29 4.06 October : 4.44 60.54 0.18 15.11 45.90 4.15 Argentina Sep : 1.65 29.44 0.00 0.67 28.79 1.63 Oct : 1.65 29.05 0.00 0.68 28.40 1.62 Brazil Sep : 2.61 25.19 0.13 12.75 12.80 2.38 Oct : 2.72 25.19 0.18 12.80 12.80 2.49 India Sep : 0.07 6.31 0.00 1.63 4.70 0.05 Oct : 0.07 6.31 0.00 1.63 4.70 0.05 Major importers 4/ : September : 1.01 44.80 29.98 73.84 0.96 0.99 October : 1.01 44.59 29.98 73.63 0.96 0.99 EU-27 Sep : 0.86 10.87 23.00 33.54 0.35 0.83 Oct : 0.86 10.67 23.00 33.34 0.35 0.83 China Sep : 0.00 32.60 0.20 32.20 0.60 0.00 Oct : 0.00 32.60 0.20 32.20 0.60 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-463-30 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/ : 3.37 36.31 9.72 35.61 10.57 3.22 United States : 1.37 9.29 0.02 8.43 0.85 1.40 Total foreign : 2.00 27.02 9.70 27.18 9.72 1.82 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 7.53 3.84 11.23 0.10 0.46 China : 0.20 6.34 2.40 8.60 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/ : 3.22 37.46 10.30 37.46 10.85 2.68 United States : 1.40 9.36 0.03 8.35 1.36 1.08 Total foreign : 1.82 28.10 10.28 29.11 9.49 1.60 Major exporters 3/ : 0.89 15.40 1.02 7.98 8.45 0.88 Argentina : 0.38 6.67 0.00 0.98 5.72 0.35 Brazil : 0.32 6.13 0.07 3.78 2.39 0.35 EU-27 : 0.20 2.60 0.95 3.22 0.34 0.19 Major importers 4/ : 0.46 8.35 3.50 11.88 0.11 0.32 China : 0.25 6.92 2.75 9.59 0.10 0.23 India : 0.21 1.43 0.70 2.24 0.01 0.09 Pakistan : 0.00 0.01 0.05 0.06 0.00 0.00 : : 2008/09 (Projected) World 2/ : September : 2.69 38.41 10.05 37.90 10.63 2.62 October : 2.68 38.11 10.04 37.84 10.52 2.48 United States : September : 1.20 9.23 0.02 8.32 1.07 1.06 October : 1.08 9.10 0.02 8.21 1.07 0.93 Total foreign : September : 1.50 29.18 10.02 29.57 9.57 1.56 October : 1.60 29.01 10.02 29.63 9.45 1.55 Major exporters 3/ : September : 0.89 15.90 0.79 8.13 8.55 0.91 October : 0.88 15.75 0.79 8.11 8.45 0.87 Argentina Sep : 0.35 7.17 0.00 1.15 6.00 0.37 Oct : 0.35 7.08 0.00 1.15 5.90 0.37 Brazil Sep : 0.35 6.24 0.07 4.01 2.30 0.34 Oct : 0.35 6.24 0.07 4.01 2.30 0.34 EU-27 Sep : 0.20 2.49 0.72 2.96 0.25 0.19 Oct : 0.19 2.44 0.72 2.94 0.25 0.15 Major importers 4/ : September : 0.32 8.77 3.55 12.20 0.08 0.37 October : 0.32 8.77 3.45 12.10 0.08 0.37 China Sep : 0.23 7.36 2.60 9.84 0.07 0.28 Oct : 0.23 7.36 2.50 9.74 0.07 0.28 India Sep : 0.09 1.41 0.90 2.30 0.01 0.09 Oct : 0.09 1.41 0.90 2.30 0.01 0.09 Pakistan Sep : 0.00 0.01 0.05 0.06 0.00 0.00 Oct : 0.00 0.01 0.05 0.06 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-463-31 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 : IV : 6733 6163 12976 9285 1575 10986 23962 1921 46.0 Annual : 26421 21943 48683 36126 5958 42582 91265 7547 185.6 : 2008 : I : 6371 6023 12474 9108 1541 10784 23258 1870 47.5 II : 6897 5593 12568 9432 1565 11144 23712 1860 48.7 III : 6915 5630 12622 9425 1575 11145 23767 1880 46.7 IV* : 6520 6285 12884 9200 1575 10915 23799 1925 46.6 Annual : Sep Proj : 26688 23476 50477 37040 6241 43848 94325 7545 189.6 Oct Proj : 26703 23531 50548 37165 6256 43988 94536 7535 189.6 : 2009 : I* : 6305 5915 12299 8945 1505 10585 22884 1865 47.7 II* : 6835 5475 12390 9345 1530 11005 23395 1865 49.2 III* : 6970 5570 12617 9250 1515 10900 23517 1895 47.1 Annual : Sep Proj : 26550 22980 49844 36740 6105 43375 93219 7560 190.8 Oct Proj : 26650 23145 50109 36740 6105 43375 93484 7560 191.1 =============================================================================== * 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 : IV : 91.85 39.43 71.1 90.8 141.0 21.60 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 18.60 IV* : 93-97 46-48 78-82 94-98 118-122 17.30-17.70 Annual : Sep Proj : 94-96 49-50 79-81 89-90 128-131 18.65-18.85 Oct Proj : 93.97 49.11 79.8 89.7 127.7 18.40-18.50 : 2009 : I* : 94-100 49-53 79-85 80-86 121-129 16.70-17.40 II* : 94-102 52-56 81-87 87-95 116-126 16.15-17.15 III* : 94-102 53-57 82-88 93-101 113-123 16.20-17.20 Annual : Sep Proj : 94-102 51-56 82-89 89-96 122-132 17.85-18.85 Oct Proj : 94-102 50-55 81-88 89-96 118-128 16.50-17.40 =============================================================================== *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-463-32 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 65.2 2008 Proj. Sep : 630 26790 2553 29973 1841 600 27532 63.2 Oct : 630 26805 2493 29928 1876 600 27452 63.0 2009 Proj. Sep : 600 26652 2835 30087 2060 600 27427 62.4 Oct : 600 26752 2675 30027 2060 600 27367 62.3 : PORK : 2007 : 514 21962 968 23444 3141 536 19767 50.8 2008 Proj. Sep : 536 23495 862 24893 5443 630 18820 47.9 Oct : 536 23550 832 24918 5318 630 18970 48.3 2009 Proj. Sep : 630 22999 850 24479 5100 630 18749 47.3 Oct : 630 23164 820 24614 5100 630 18884 47.6 : TOTAL RED MEAT 5/ : 2007 : 1166 48817 4223 54206 4585 1186 48436 117.5 2008 Proj. Sep : 1186 50611 3608 55405 7293 1254 46858 112.5 Oct : 1186 50682 3518 55386 7203 1256 46927 112.7 2009 Proj. Sep : 1254 49978 3873 55105 7172 1254 46679 111.1 Oct : 1256 50243 3683 55182 7172 1254 46756 111.3 : BROILERS : 2007 : 732 35739 61 36532 5904 719 29909 85.0 2008 Proj. Sep : 719 36644 69 37432 6674 680 30078 84.7 Oct : 719 36767 75 37561 6674 700 30188 85.0 2009 Proj. Sep : 680 36347 68 37095 6275 690 30130 84.1 Oct : 700 36347 80 37127 6275 690 30162 84.2 : TURKEYS : 2007 : 218 5880 10 6108 547 261 5300 17.5 2008 Proj. Sep : 261 6159 11 6430 628 285 5517 18.1 Oct : 261 6174 11 6445 628 300 5517 18.1 2009 Proj. Sep : 285 6025 12 6322 635 285 5402 17.6 Oct : 300 6025 12 6337 635 285 5417 17.6 : TOTAL POULTRY 6/ : 2007 : 956 42117 75 43147 6618 982 35548 103.7 2008 Proj. Sep : 982 43369 85 44436 7435 969 36031 104.2 Oct : 982 43508 93 44583 7435 1005 36142 104.6 2009 Proj. Sep : 969 42901 83 43953 7060 978 35915 102.9 Oct : 1005 42901 100 44006 7060 979 35967 103.1 : RED MEAT & POULTRY : 2007 : 2122 90934 4298 97354 11202 2168 83984 221.2 2008 Proj. Sep : 2168 93980 3693 99841 14728 2223 82889 216.8 Oct : 2168 94190 3611 99969 14638 2261 83069 217.3 2009 Proj. Sep : 2223 92879 3956 99058 14232 2232 82594 214.0 Oct : 2261 93144 3783 99188 14232 2233 82723 214.4 =============================================================================== 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-463-33 U.S. Egg Supply and Use =============================================================================== : : : 2008 Projected : 2009 Projected : : :-----------------:----------------- Commodity : 2006 : 2007 : Sep : Oct : Sep : Oct =============================================================================== EGGS : Million dozen Supply : Beginning stocks : 16.0 12.5 11.1 11.1 12.0 14.0 Production : 7610.0 7547.0 7545.0 7535.0 7560.0 7560.0 Imports : 8.6 13.6 15.2 15.2 14.0 14.0 Total supply : 7634.6 7573.1 7571.3 7561.3 7586.0 7588.0 : Use : Exports : 202.1 250.3 204.8 204.8 221.0 221.0 Hatching use : 992.2 1014.5 1010.0 1010.0 1018.0 1018.0 Ending stocks : 12.5 11.1 12.0 14.0 12.0 12.0 Disappearance : Total : 6427.8 6297.2 6344.5 6332.5 6335.0 6337.0 Per capita (number) : 257.8 250.1 249.7 249.2 247.0 247.1 =============================================================================== U.S. Milk Supply and Use =============================================================================== : : : 2008 Projected : 2009 Projected Commodity : : :-----------------:----------------- : 2006 : 2007 : Sep : Oct : Sep : Oct =============================================================================== : Billion pounds Milk : Production : 181.8 185.6 189.6 189.6 190.8 191.1 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 9.5 9.5 Marketings : 180.6 184.4 188.4 188.4 189.6 189.9 Imports : 5.0 4.6 3.7 3.4 4.0 3.6 Total cml. supply : 193.6 198.6 202.5 202.2 203.1 203.0 : Fat Basis Use : Commercial Exports : 3.4 5.7 8.7 8.4 6.7 6.7 Ending commercial stks : 9.5 10.4 9.5 9.5 8.9 8.9 CCC net removals 1/ : 0.0 0.0 0.0 0.0 0.0 0.0 Commercial use 2/ : 180.7 182.5 184.3 184.3 187.5 187.4 : Skim-solids Basis Supply : Beg. commercial stocks : 9.0 9.1 9.9 9.9 9.8 10.0 Marketings : 180.6 184.4 188.4 188.4 189.6 189.9 Imports : 4.8 4.4 3.6 3.3 3.9 3.4 Total cml. supply : 194.4 198.0 201.9 201.7 203.3 203.3 : Skim-solids Basis Use : Commercial Exports : 23.6 24.5 27.2 26.3 24.0 23.5 Ending commercial stks : 9.1 9.9 9.8 10.0 9.6 10.3 CCC net removals 1/ : 0.7 0.0 0.0 0.6 0.0 0.0 Commercial use 2/ : 160.9 163.6 164.9 164.8 169.7 169.6 : : Million pounds CCC product net removals 1/: Butter : 0 0 0 0 0 0 Cheese : 0 0 0 0 0 0 Nonfat dry milk : 64 0 0 50 0 0 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-463-34 U.S. Dairy Prices =========================================================================== : : : 2008 Projected : 2009 Projected : : :-----------------:----------------- Commodity : 2006 : 2007 : Sep : Oct : Sep : Oct =========================================================================== : Dollars per pound : Product Prices 1/ : Cheese : 1.2470 1.7380 1.905- 1.900- 1.840- 1.780- : 1.925 1.910 1.940 1.870 : Butter : 1.2193 1.3441 1.405- 1.450- 1.350- 1.390- : 1.445 1.480 1.480 1.510 : Nonfat dry milk : 0.8928 1.7083 1.375- 1.265- 1.455- 1.070- : 1.395 1.285 1.525 1.140 : Dry whey : 0.3285 0.6004 0.260- 0.250- 0.260- 0.205- : 0.280 0.260 0.290 0.235 : : Dollars per cwt Milk Prices 2/ : Class III : 11.89 18.04 17.65- 17.50- 16.75- 15.85- : 17.85 17.60 17.75 16.75 : Class IV : 11.06 18.36 15.80- 15.10- 16.10- 12.95- : 16.10 15.30 17.20 13.95 : All milk 3/ : 12.88 19.13 18.65- 18.40- 17.85- 16.50- : 18.85 18.50 18.85 17.40 : =========================================================================== 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-463-35 Note: Tables on pages 35-37 present a 27-year record of the differences between the October projection and the final estimate. Using world wheat production as an example, changes between the October projection and the final estimate have averaged 7.7 million tons (1.4%) ranging from -26.7 to 9.5 million tons. The October projection has been below the estimate 18 times and above 9 times. Reliability of October 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 : 1.4 7.7 -26.7 9.5 18 9 U.S. : 0.3 0.2 -1.2 0.5 11 12 Foreign : 1.6 7.7 -26.8 9.6 18 9 Exports : World : 3.9 4.4 -12.6 3.0 19 7 U.S. : 7.4 2.5 -10.0 5.2 11 16 Foreign : 4.9 4.0 -10.0 3.5 21 6 Domestic use : World : 1.1 6.0 -22.7 11.3 17 10 U.S. : 5.1 1.6 -3.3 3.6 9 18 Foreign : 1.2 6.0 -20.3 11.1 18 9 Ending stocks : World : 6.7 8.8 -32.5 13.5 20 7 U.S. : 9.9 2.2 -4.9 6.8 13 14 Foreign : 6.9 7.5 -29.3 7.5 20 7 : COARSE GRAINS 3/ : Production : World : 1.5 13.3 -33.7 9.1 21 6 U.S. : 2.0 4.8 -14.5 17.9 17 10 Foreign : 1.8 11.5 -27.7 7.5 22 5 Exports : World : 5.3 5.6 -12.0 13.7 19 8 U.S. : 13.0 6.9 -14.9 15.5 13 14 Foreign : 11.7 6.1 -15.9 8.9 17 10 Domestic use : World : 1.2 10.3 -24.7 20.9 17 10 U.S. : 3.0 5.7 -13.4 17.0 15 12 Foreign : 1.3 8.7 -19.8 20.9 18 9 Ending stocks : World : 9.8 13.9 -39.0 14.9 21 6 U.S. : 17.8 8.9 -29.1 16.3 14 13 Foreign : 12.9 11.1 -29.0 7.2 23 4 : RICE, milled : Production : World : 1.9 6.7 -20.9 3.0 22 4 U.S. : 2.9 0.2 -0.4 0.5 16 11 Foreign : 2.0 6.7 -21.0 3.1 22 5 Exports : World : 7.9 1.6 -6.2 1.1 20 7 U.S. : 7.3 0.2 -0.8 0.6 15 10 Foreign : 9.1 1.5 -6.2 1.2 20 7 Domestic use : World : 1.4 4.5 -20.3 2.5 22 5 U.S. : 5.4 0.2 -0.4 0.4 13 13 Foreign : 1.4 4.5 -20.7 2.7 22 5 Ending stocks : World : 10.0 4.8 -16.3 3.2 21 6 U.S. : 17.3 0.2 -0.7 0.8 13 13 Foreign : 10.6 4.9 -15.9 3.0 21 6 =============================================================================== 1/ Footnotes at end of table. CONTINUED WASDE-463-36 Reliability of October 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 : 3.5 7.9 -11.4 14.5 1 3 U.S. : 1.2 1.0 -2.6 0.4 2 2 Foreign : 6.3 8.7 -11.5 15.4 1 3 Exports : World : 3.5 2.5 -4.1 4.0 1 3 U.S. : 10.6 3.0 -4.9 4.6 2 2 Foreign : 3.6 1.3 -0.6 3.3 2 2 Domestic use : World : 1.3 2.8 -3.1 3.2 1 3 U.S. : 3.9 2.0 -2.0 3.1 3 1 Foreign : 1.8 2.8 -2.1 5.0 1 3 Ending stocks : World : 14.1 7.0 -8.0 14.8 2 2 U.S. : 33.2 2.5 -5.1 3.0 1 3 Foreign : 13.3 5.4 -8.0 11.8 2 2 : COTTON : Million 480-pound bales Production : World : 3.0 2.7 -10.6 9.9 17 9 U.S. : 3.8 0.6 -1.7 1.2 19 8 Foreign : 3.5 2.6 -10.4 10.2 15 11 Exports : World : 5.1 1.5 -5.1 5.0 15 12 U.S. : 14.4 1.1 -2.4 3.1 15 12 Foreign : 5.9 1.2 -3.2 2.0 13 14 Mill use : World : 2.4 2.2 -6.7 5.7 14 13 U.S. : 4.8 0.4 -0.9 1.2 14 11 Foreign : 2.6 2.1 -6.6 5.7 14 13 Ending stocks : World : 11.1 4.2 -11.0 12.4 16 10 U.S. : 25.4 1.3 -4.3 2.3 9 18 Foreign : 11.5 3.8 -11.5 11.7 20 7 =============================================================================== 1/ Final estimate for 1981/82-2006/07 is defined as the first November estimate following the marketing year, and for 2007/08 last month's estimate. 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-463-37 Reliability of United States October 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 : 2.3 187 -541 618 16 11 Exports : 13.6 247 -575 533 12 15 Domestic use : 3.4 221 -558 530 18 9 Ending stocks : 20.3 327 -1187 629 14 13 : SORGHUM : Production : 3.4 20 -59 71 15 12 Exports : 15.7 37 -115 97 16 11 Domestic use : 8.3 35 -114 78 11 15 Ending stocks : 29.2 35 -142 110 10 16 : BARLEY : Production : 1.0 5 -12 24 8 12 Exports : 26.5 14 -37 38 13 11 Domestic use : 6.0 20 -47 70 11 15 Ending stocks : 11.3 16 -38 56 16 11 : OATS : Production : 0.8 3 -18 16 6 9 Exports : 58.4 1 -4 8 8 9 Domestic use : 3.1 11 -39 36 12 14 Ending stocks : 14.0 16 -46 47 18 9 : : Thousand short tons SOYBEAN MEAL : Production : 2.7 888 -2696 1680 18 9 Exports : 10.2 704 -1950 1200 13 13 Domestic use : 2.7 682 -1250 1550 15 12 Ending stocks : 25.3 60 -179 198 11 14 : : Million pounds SOYBEAN OIL : Production : 2.9 448 -1473 791 20 7 Exports : 23.3 384 -1550 964 15 12 Domestic use : 2.5 340 -985 1750 19 8 Ending stocks : 23.0 388 -1327 750 11 16 ------------------------------------------------------------------------------- : ANIMAL PROD. 4/ : Million pounds Beef : 3.7 885 -827 2461 17 8 Pork : 2.4 425 -1240 1592 14 11 Broilers : 2.0 434 -1337 813 16 9 Turkeys : 2.2 99 -444 233 15 10 : : Million dozen Eggs : 1.3 84 -143 188 17 7 : : Billion pounds Milk : 1.3 1.9 -6.4 6.8 15 10 =============================================================================== 1/ See pages 35 and 36 for record of reliability for U.S. wheat, rice, soybeans, and cotton. 2/ Final estimate for 1981/82-2006/07 is defined as the first November estimate following the marketing year, and for 2007/08 last month's estimate. 3/ May not total 27 for crops and 25 for animal production if projection was the same as the final estimate. 4/ Calendar years 1983 thru 2007 for meats, eggs, and milk. Final for animal products is defined as latest annual production estimate published by NASS. --------- End of File ------------------