ISSN: 1554-9089 WASDE - 477 December 10, 2009 WHEAT: U.S. wheat ending stocks for 2009/10 are projected 15 million bushels higher this month reflecting lower expected food use. Food use is projected 15 million bushels lower based on the latest mill-grind data from the U.S. Census Bureau and indications of 2009-crop quality that suggest higher-than-normal flour extraction rates again in 2009/10. Higher flour extraction rates reduce the quantity of wheat needed for milling. Food use for 2008/09 is estimated 1 million bushels higher based on the latest revisions to mill- grind data. The marketing-year average farm price projection is unchanged at $4.65 to $5.05 per bushel. Global wheat supplies for 2009/10 are projected 1.0 million tons higher as increased production in Canada and EU-27 more than offset lower beginning stocks and production for Australia. Global wheat production is projected 2.0 million tons higher. Production is raised 2.5 million tons for Canada based on the latest estimates from Statistics Canada which sharply raised yields in the Prairie Provinces. Production is revised 0.3 million tons higher for EU-27 based on an upward yield revision for Italy. FSU-12 production is also raised slightly with a 0.2-million-ton increase in production for Belarus. Partly offsetting is a 1.0-million-ton reduction for Australia production based on a downward revision to the latest government forecast. Australia production is also lowered for 2007/08 and 2008/09 in line with recently revised government estimates. These changes lower 2009/10 Australia beginning stocks 0.8 million tons. Global wheat trade for 2009/10 is projected slightly lower this month, mostly reflecting lower imports by Iran and lower exports by Australia and China. Imports for Iran are lowered 1.0 million tons based on the slower pace of reported shipments as compared with last year at this time. Exports are lowered 0.5 million tons for Australia, reflecting tighter exportable supplies. Exports are lowered 0.5 million tons for China based on the slow pace of shipments to date and relatively high internal wheat prices. Exports are also lowered 0.2 million tons for India based on smaller-than- expected recent shipments. Partly offsetting is a 0.5-million- ton increase in exports for Canada with larger available supplies. Global consumption is lowered this month mostly reflecting a 1-million-ton reduction in expected EU-27 feeding and reductions of 0.8 million tons and 0.4 million tons, respectively, in food use in India and the United States. With higher production and lower use, global ending stocks are raised 2.6 million tons. COARSE GRAINS: U.S. feed grain ending stocks for 2009/10 are projected higher this month with a reduction in expected corn exports. Corn exports are lowered 50 million bushels based on the slow pace of shipments to date and increased competition from larger supplies in Ukraine. Projected U.S. corn ending stocks are raised 50 million bushels. At the projected 1,675 million bushels, ending stocks would be nearly unchanged from 2008/09. The 2009/10 marketing-year average farm price projection for corn is unchanged at $3.25 to $3.85 per bushel. Global coarse grain supplies for 2009/10 are projected 3.0 million tons lower mostly as a result of reduced India millet production. Global coarse grain beginning stocks are lowered based on multiple year revisions that raise estimated corn feeding in Iran and barley consumption in Kazakhstan. World corn production is raised mostly reflecting a 0.5-million- ton increase for Ukraine. World barley production is raised 1.0 million tons with increases for Australia, Canada, and Belarus. World oat production is lowered slightly with small reductions for Canada and Australia more than offsetting an increase for Belarus. Production changes for Australia, Belarus, and Canada reflect the latest government estimates from these countries. India millet production is lowered 4.0 million tons as area expansion on unplanted rice land was less than expected and the erratic monsoon season lowered yields. Lower production reduces India millet consumption, but has little impact on global coarse grain trade. Global coarse grain trade for 2009/10 is nearly unchanged this month as higher Ukraine corn exports offset lower U.S. corn exports and higher Australia barley exports offset lower EU-27 barley exports. World coarse grain consumption is lowered mostly as a result of reduced India millet use. Sorghum consumption is also lowered reflecting a small reduction in food, seed, and industrial use for China and a small reduction in feed use for EU-27. World barley consumption is raised with increased feed use for Canada and Australia and increased food, seed, and industrial use for Kazakhstan, Morocco, and Australia. Mixed grain feeding is also raised for EU-27. Global coarse grain ending stocks are down 0.8 million tons with reductions in projected stocks of mixed grains, millet, rye, barley, and oats more than offsetting an increase in sorghum. World corn stocks are nearly unchanged. RICE: No changes are made on the U.S. 2009/10 rice supply side; however, on the use side exports are raised slightly and ending stocks lowered by the same amount. Domestic and residual use is unchanged from last month. The export projection is raised 1.0 million cwt to 97.0 million with rough rice exports raised 2.0 million, and combined brown and milled exports (rough-equivalent basis) lowered 1.0 million. The combined medium- and short-grain export projection is raised 1.0 million cwt to 29.0 million, while the long-grain export projection at 68.0 million is unchanged from last month. The changes in the export projections are based on analysis of export data through September from the U.S. Census Bureau along with U.S. Export Sales report data through the end of November. The pace of combined medium- and short-grain exports for both milled and rough rice are ahead of last year, while long-grain exports in both categories are lagging a year ago. Ending stocks are projected at 43.2 million cwt, 1.0 million below last month, with the reduction all in combined medium- and short-grain. The all rice season-average farm price for 2009/10 is forecast at $13.90 to $14.90 per cwt, up 5 cents per cwt on both ends of the range. The long-grain season-average farm price range is projected at $12.60 to $13.60 per cwt, up 10 cents per cwt on each end of the range. The combined medium- and short-grain farm price range is projected at $17.75 to $18.75 per cwt, down 25 cents per cwt on each end. U.S. long-grain prices have been supported largely on an increase in import demand led by increased import activity by the Philippines, while medium-grain prices have softened since the beginning of the marketing year. World 2009/10 rice supply and use projections are raised from a month ago. Global rice production is projected at 433.9 million tons, up 1.8 million from a month ago largely on increases for China, Thailand, Vietnam, and South Korea offset some by reductions for Brazil, North Korea, and the Philippines. Global exports are increased 0.8 million tons largely on expected increases for India and China. The increase for India is based on larger expected exports of basmati rice to markets in the Middle East. The increase for China is based largely on an increase in available exportable supplies due to an increase in production. Global ending stocks for 2009/10 are projected at 89.5 million tons, up 3.5 million from last month, but 2.1 million below 2008/09. The increase in stocks is mostly due to larger stocks projected for Thailand, India, and Vietnam. OILSEEDS: Total U.S. oilseed production for 2009/10 is projected at 97.9 million tons, up fractionally due to a small increase in cottonseed. Soybean exports are increased 15 million bushels to 1.34 billion reflecting the record export pace in recent weeks and higher projected soybean imports by China. U.S. export commitments (shipments plus outstanding sales) were record high through November, up almost 60 percent from a year ago. With projected crush unchanged, soybean ending stocks for 2009/10 are projected at 255 million bushels, down 15 million from last month. Soybeans and product price projections are all higher this month. The U.S. season-average soybean price range for 2009/10 is projected at $8.75 to $10.25 compared with $8.20 to $10.20 last month. The soybean meal price is projected at $260 to $310 per short ton, up $10 on the bottom of the range. Soybean oil prices are projected at 35.5 to 38.5 cents per pound compared with 33 to 37 cents last month. Global oilseed production for 2009/10 is projected at 428.6 million tons, down 0.3 million from last month. Foreign oilseed production accounts for most of the change with increases for soybeans, rapeseed, and cottonseed more than offset by reductions for sunflowerseed and peanuts. Global rapeseed production is projected at a record 59.4 million tons, up 1.3 million from last month with gains for Canada more than offsetting lower production for India. Canadian rapeseed production is raised 1.6 million tons to 11.8 million based on the latest survey results from Statistics Canada. Higher-than-expected yields account for the change. India rapeseed production is lowered due to reduced harvested area. Hot, dry conditions during much of the planting season prevented area from reaching earlier expectations. Global sunflowerseed production is projected at 30.7 million tons, down 1 million from last month. Lower production in Argentina and Russia account for most of the change. Other changes include reduced peanut production for China and India, and increased cottonseed production for Pakistan. Global oilseed trade is projected at 94.4 million tons, up 0.7 million from last month. Increased rapeseed exports from Canada and Australia and increased soybean exports from the United States account for most of the change. China soybean imports are raised 0.5 million tons to 41 million, just below the record 41.1 million imported in 2008/09. SUGAR: Projected 2009/10 sugar supply and use are unchanged from last month. Compared with a year earlier, supply is projected at 11.6 million short tons, raw value, down 5.2 percent. Total use is projected at 10.6 million tons, down 1.9 percent. Ending stocks, at 1 million tons, are down 435,000 tons. LIVESTOCK, POULTRY, AND DAIRY: Total U.S. meat production for 2009 is forecast slightly lower as fourth-quarter broiler production is reduced, more than offsetting small increases to the beef production forecast. Egg production is forecast slightly higher. Meat production for 2010 is lowered from last month as forecasts for beef, pork, and poultry meat production are reduced. Cattle slaughter is unchanged but carcass weights in the first quarter are forecast lower. Hog slaughter is reduced on lower expected hog imports from Canada. Growth in broiler and turkey production is slower as hatchery data show few signs of expansion. Red meat export forecasts for 2009 and 2010 are raised. Beef exports are forecast higher on expected economic recovery in a number of markets. Pork exports for 2009 are increased because third-quarter shipments were stronger than expected, and higher 2010 pork exports reflect improved economic prospects in several markets. The poultry export forecast for 2009 is adjusted to reflect higher third-quarter shipments. Cattle price forecasts are reduced for 2009 and 2010 as relatively weak demand for beef is expected to pressure prices. The hog price forecasts are raised for fourth-quarter 2009 and first-quarter 2010. The broiler price is lowered for 2009; turkey price forecasts are raised for 2009 and 2010. The egg price forecast is increased for 2009 and 2010 as demand for eggs has strengthened in the fourth quarter. The milk production forecasts are raised for 2009 and 2010. Dairy cow liquidation has been slower than expected, and improving milk prices in 2010 are expected to diminish the rate of decline in cow numbers. Dairy exports for 2009 are raised slightly, reflecting third-quarter strength in cheese and nonfat dry milk demand. Import forecasts are lowered for 2009. Fat-basis ending stocks are forecast higher for 2010. Although milk production is forecast higher than last month, improving demand is expected to support prices for most products. Prices for cheese, nonfat dry milk, and whey are forecast higher, but butter prices are forecast slightly lower. The Class III price forecast for 2009 is raised from last month and both Class III and Class IV prices are forecast higher for 2010. The all milk price is forecast at $12.70 to $12.80 per cwt for 2009 and $16.35 to $17.15 for 2010. COTTON: This month’s U.S. 2009/10 cotton forecasts include a slight increase in production, higher exports, and lower ending stocks. Production is raised 96,000 bales from last month as reductions for the Mississippi Delta states are more than offset by increases in the other three regions. Domestic mill use is unchanged. Exports are raised 500,000 bales due to higher expected foreign import demand. Ending stocks are forecast at 4.5 million, 400,000 bales below last month and 31 percent of total use. The average price received by producers is forecast at 56 to 64 cents per pound, 4 cents higher on each end of the range. The world cotton 2009/10 forecasts include lower beginning stocks and higher consumption relative to last month, resulting in a 3.6-percent reduction in ending stocks. Beginning stocks are lowered mainly in India and Uzbekistan due to adjustments in the prior-year balance sheets. Production is lowered in India and Peru, but is raised in Pakistan and the United States. World consumption is raised 1.0 million bales from last month, including increases for China, India, Vietnam, Uzbekistan, and Thailand. World trade also is raised due to increased demand by several importing countries, which is partially offset by a reduction for Pakistan. The China import forecast is increased 500,000 bales to 9.0 million as the government has recently announced larger-than-expected import quotas, thereby removing a key constraint on imports and consumption. Exports are raised in the United States, Brazil, India, Pakistan, and Greece, but are lowered in Uzbekistan. World ending stocks are now forecast at 51.8 million bales. Approved by the Secretary of Agriculture and the Chairperson of the World Agricultural Outlook Board, Gerald A. Bange, (202) 720- 6030. This report was prepared by the Interagency Commodity Estimates Committees. APPROVED BY: JOSEPH W.GLAUBER ACTING SECRETARY OF AGRICULTURE WASDE-477-8 December 2009 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/ : 2007/08 : 2,121.09 2,462.71 275.52 2,102.27 360.44 2008/09 (Est.) : 2,230.77 2,591.20 280.14 2,147.02 444.18 2009/10 (Proj.) : November : 2,195.62 2,640.50 264.73 2,188.97 451.53 December : 2,196.92 2,641.10 264.80 2,184.21 456.89 Wheat : 2007/08 : 610.43 737.96 117.20 616.96 121.01 2008/09 (Est.) : 682.03 803.04 142.29 639.29 163.75 2009/10 (Proj.) : November : 671.89 836.63 125.32 648.35 188.28 December : 673.86 837.61 124.67 646.71 190.91 Coarse grains 4/ : 2007/08 : 1,077.31 1,216.29 127.23 1,057.23 159.06 2008/09 (Est.) : 1,102.80 1,261.86 109.60 1,072.99 188.87 2009/10 (Proj.) : November : 1,091.64 1,281.11 109.74 1,103.78 177.33 December : 1,089.21 1,278.08 109.65 1,101.56 176.52 Rice, milled : 2007/08 : 433.36 508.46 31.09 428.09 80.37 2008/09 (Est.) : 445.94 526.30 28.26 434.75 91.56 2009/10 (Proj.) : November : 432.09 522.76 29.66 436.84 85.92 December : 433.85 525.41 30.48 435.95 89.46 : : United States Total grains 3/ : 2007/08 : 412.03 469.15 107.61 307.23 54.32 2008/09 (Est.) : 400.64 462.09 81.80 314.36 65.92 2009/10 (Proj.) : November : 411.22 483.47 84.05 327.80 71.62 December : 411.22 483.47 82.82 327.39 73.26 Wheat : 2007/08 : 55.82 71.30 34.36 28.61 8.32 2008/09 (Est.) : 68.02 79.80 27.64 34.29 17.87 2009/10 (Proj.) : November : 60.31 81.18 23.81 33.28 24.08 December : 60.31 81.18 23.81 32.88 24.49 Coarse grains 4/ : 2007/08 : 349.86 389.48 69.89 274.53 45.06 2008/09 (Est.) : 326.11 374.22 51.17 275.97 47.08 2009/10 (Proj.) : November : 343.93 393.68 57.17 290.38 46.13 December : 343.93 393.68 55.90 290.38 47.40 Rice, milled : 2007/08 : 6.34 8.37 3.35 4.08 0.94 2008/09 (Est.) : 6.52 8.07 2.99 4.10 0.97 2009/10 (Proj.) : November : 6.98 8.62 3.07 4.14 1.41 December : 6.98 8.62 3.10 4.14 1.38 =============================================================================== 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-477-9 December 2009 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/ : 2007/08 : 1,709.07 1,993.56 167.92 1,795.05 306.11 2008/09 (Est.) : 1,830.13 2,129.12 198.34 1,832.66 378.26 2009/10 (Proj.) : November : 1,784.40 2,157.03 180.68 1,861.17 379.91 December : 1,785.70 2,157.63 181.99 1,856.82 383.63 Wheat : 2007/08 : 554.61 666.66 82.84 588.34 112.68 2008/09 (Est.) : 614.02 723.25 114.65 605.00 145.89 2009/10 (Proj.) : November : 611.57 755.45 101.51 615.06 164.20 December : 613.55 756.44 100.86 613.83 166.42 Coarse grains 5/ : 2007/08 : 727.45 826.81 57.33 782.70 114.00 2008/09 (Est.) : 776.69 887.64 58.43 797.02 141.79 2009/10 (Proj.) : November : 747.71 887.43 52.58 813.40 131.21 December : 745.28 884.40 53.75 811.18 129.12 Rice, milled : 2007/08 : 427.01 500.09 27.74 424.01 79.43 2008/09 (Est.) : 439.42 518.23 25.26 430.64 90.58 2009/10 (Proj.) : November : 425.11 514.14 26.59 432.70 84.51 December : 426.87 516.79 27.38 431.81 88.08 =============================================================================== 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 2007/08 : 119.91 183.04 38.47 123.47 62.16 2008/09 (Est.) : 107.48 169.64 30.23 111.13 61.12 2009/10 (Proj.) : November : 102.74 164.75 33.15 113.52 53.72 December : 102.72 163.84 33.88 114.51 51.81 : United States 2007/08 : 19.21 28.70 13.65 4.59 10.04 2008/09 (Est.) : 12.82 22.86 13.28 3.59 6.34 2009/10 (Proj.) : November : 12.50 18.84 10.50 3.40 4.90 December : 12.59 18.93 11.00 3.40 4.50 : Foreign 3/ 2007/08 : 100.70 154.34 24.82 118.88 52.11 2008/09 (Est.) : 94.67 146.78 16.95 107.55 54.79 2009/10 (Proj.) : November : 90.25 145.91 22.65 110.12 48.82 December : 90.13 144.91 22.88 111.11 47.31 =============================================================================== 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-477-10 December 2009 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 : 2007/08 : 391.78 465.29 92.57 338.35 62.45 2008/09 (Est.) : 395.30 457.75 94.39 338.19 55.85 2009/10 (Proj.) : November : 428.90 484.78 93.76 349.91 69.04 December : 428.59 484.43 94.43 349.72 68.97 Oilmeals : 2007/08 : 230.95 238.88 71.24 229.64 7.21 2008/09 (Est.) : 228.50 235.72 68.84 228.47 6.24 2009/10 (Proj.) : November : 238.35 244.60 71.74 236.26 6.25 December : 238.41 244.65 71.57 236.44 6.12 Vegetable Oils : 2007/08 : 127.82 138.60 53.54 125.45 10.15 2008/09 (Est.) : 131.81 141.97 55.10 129.32 11.81 2009/10 (Proj.) : November : 137.45 149.21 56.80 135.49 11.36 December : 137.33 149.14 57.04 135.47 11.31 : : United States Oilseeds : 2007/08 : 82.45 100.74 33.05 53.50 6.91 2008/09 (Est.) : 89.20 97.41 35.80 49.35 5.62 2009/10 (Proj.) : November : 97.83 104.53 37.09 50.23 8.81 December : 97.86 104.45 37.50 50.10 8.29 Oilmeals : 2007/08 : 40.90 43.27 8.71 34.22 0.33 2008/09 (Est.) : 37.78 39.96 7.95 31.76 0.25 2009/10 (Proj.) : November : 39.03 41.37 9.01 32.02 0.33 December : 38.90 41.23 9.01 31.89 0.33 Vegetable Oils : 2007/08 : 10.53 15.38 1.68 12.23 1.46 2008/09 (Est.) : 9.65 14.35 1.46 11.21 1.68 2009/10 (Proj.) : November : 9.90 14.94 1.84 11.67 1.43 December : 9.83 14.91 1.84 11.64 1.42 : : Foreign 3/ Oilseeds : 2007/08 : 309.33 364.55 59.52 284.86 55.54 2008/09 (Est.) : 306.10 360.34 58.59 288.83 50.23 2009/10 (Proj.) : November : 331.07 380.25 56.67 299.69 60.23 December : 330.72 379.98 56.94 299.62 60.68 Oilmeals : 2007/08 : 190.05 195.61 62.53 195.42 6.88 2008/09 (Est.) : 190.73 195.76 60.89 196.71 6.00 2009/10 (Proj.) : November : 199.32 203.23 62.72 204.24 5.91 December : 199.51 203.42 62.56 204.55 5.79 Vegetable Oils : 2007/08 : 117.29 123.23 51.86 113.22 8.69 2008/09 (Est.) : 122.16 127.62 53.64 118.12 10.13 2009/10 (Proj.) : November : 127.56 134.26 54.96 123.83 9.93 December : 127.50 134.23 55.19 123.83 9.89 =============================================================================== 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-477-11 December 2009 U.S. Wheat Supply and Use 1/ =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :============================== : : Est. : November December =============================================================================== Area : Million acres Planted : 60.5 63.2 59.1 59.1 Harvested : 51.0 55.7 49.9 49.9 Yield per harvested : Bushels acre : 40.2 44.9 44.4 44.4 : Million bushels Beginning stocks : 456 306 657 657 Production : 2,051 2,499 2,216 2,216 Imports : 113 127 110 110 Supply, total : 2,620 2,932 2,983 2,983 Food : 948 927 955 940 Seed : 88 75 78 78 Feed and residual : 16 258 190 190 Domestic, total : 1,051 1,260 1,223 1,208 Exports : 1,263 1,015 875 875 Use, total : 2,314 2,275 2,098 2,083 Ending stocks : 306 657 885 900 CCC inventory : 0 0 0 0 Free stocks : 306 657 885 900 Outstanding loans : 1 27 30 30 Avg. farm price ($/bu) 2/ : 6.48 6.78 4.65- 5.05 4.65- 5.05 =============================================================================== U.S. Wheat by Class: Supply and Use =============================================================================== Year beginning : Hard : Hard : Soft : : : June 1 : Winter : Spring : Red : White : Durum : Total =============================================================================== 2008/09 (estimated) : Million bushels Beginning stocks : 138 68 55 37 8 306 Production : 1,035 512 614 255 84 2,499 Supply, total 3/ : 1,174 625 702 300 130 2,932 Domestic use : 472 273 332 100 81 1,260 Exports : 447 210 199 136 24 1,015 Use, total : 919 483 531 236 105 2,275 Ending stocks, total : 254 142 171 64 25 657 : 2009/10 (projected) : Beginning stocks : 254 142 171 64 25 657 Production : 919 548 404 237 109 2,216 Supply, total 3/ : 1,174 730 592 313 174 2,983 Domestic use : 465 263 295 101 84 1,208 Exports : 325 210 120 170 50 875 Use, total : 790 473 415 271 134 2,083 Ending stocks, total : December : 384 257 177 42 40 900 November : 364 255 167 52 47 885 =============================================================================== 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-477-12 December 2009 U.S. Feed Grain and Corn Supply and Use 1/ =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :============================== : : Est. : November December =============================================================================== FEED GRAINS : Area : Million acres Planted : 109.0 101.8 99.9 99.9 Harvested : 98.3 91.1 89.5 89.5 Yield per harvested : Metric tons acre : 3.56 3.58 3.84 3.84 : Million metric tons Beginning stocks : 36.2 45.1 47.1 47.1 Production : 349.7 325.9 343.7 343.7 Imports : 3.3 3.0 2.5 2.5 Supply, total : 389.1 373.9 393.4 393.4 Feed and residual : 157.1 142.7 143.8 143.8 Food, seed & industrial : 117.1 133.0 146.3 146.3 Domestic, total : 274.2 275.7 290.1 290.1 Exports : 69.9 51.2 57.2 55.9 Use, total : 344.1 326.8 347.2 346.0 Ending stocks, total : 45.1 47.1 46.1 47.4 CCC inventory : 0.0 0.0 0.0 0.0 Free stocks : 45.1 47.1 46.1 47.4 Outstanding loans : 2.7 4.4 5.8 5.8 : CORN : Area : Million acres Planted : 93.5 86.0 86.4 86.4 Harvested : 86.5 78.6 79.3 79.3 Yield per harvested : Bushels acre : 150.7 153.9 162.9 162.9 : Million bushels Beginning stocks : 1,304 1,624 1,674 1,674 Production : 13,038 12,101 12,921 12,921 Imports : 20 14 10 10 Supply, total : 14,362 13,739 14,605 14,605 Feed and residual : 5,913 5,254 5,400 5,400 Food, seed & industrial : 4,387 4,953 5,480 5,480 Ethanol for fuel 2/ : 3,049 3,677 4,200 4,200 Domestic, total : 10,300 10,207 10,880 10,880 Exports : 2,437 1,858 2,100 2,050 Use, total : 12,737 12,065 12,980 12,930 Ending stocks, total : 1,624 1,674 1,625 1,675 CCC inventory : 0 0 0 0 Free stocks : 1,624 1,674 1,625 1,675 Outstanding loans : 106 171 225 225 Avg. farm price ($/bu) 3/ : 4.20 4.06 3.25- 3.85 3.25- 3.85 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for corn and sorghum; June 1 for barley and oats. 2/ For a further breakout of FSI corn uses including ethanol, see the ERS Feed Outlook table 5, or Feed Grains Database at "www.ers.usda.gov/db/feedgrains." 3/ Marketing-year weighted average price received by farmers. WASDE-477-13 December 2009 U.S. Sorghum, Barley and Oats Supply and Use 1/ =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :============================== : : Est. : November December =============================================================================== : Million bushels SORGHUM : Area planted (mil. acres) : 7.7 8.3 6.6 6.6 Area harv. (mil. acres) : 6.8 7.3 5.7 5.7 Yield (bushels/acre) : 73.2 65.0 64.0 64.0 Beginning stocks : 32 53 55 55 Production : 497 472 364 364 Imports : 0 0 0 0 Supply, total : 530 525 419 419 Feed and residual : 165 232 140 140 Food, seed & industrial : 35 95 90 90 Total domestic : 200 327 230 230 Exports : 277 143 140 140 Use, total : 477 470 370 370 Ending stocks, total : 53 55 49 49 Avg. farm price ($/bu) 2/ : 4.08 3.20 2.85- 3.45 2.85- 3.45 : BARLEY : Area planted (mil. acres) : 4.0 4.2 3.6 3.6 Area harv. (mil. acres) : 3.5 3.8 3.1 3.1 Yield (bushels/acre) : 60.0 63.6 73.0 73.0 Beginning stocks : 69 68 89 89 Production : 210 240 227 227 Imports : 29 29 30 30 Supply, total : 308 337 346 346 Feed and residual : 30 67 50 50 Food, seed & industrial : 169 169 170 170 Total domestic : 199 236 220 220 Exports : 41 13 10 10 Use, total : 240 249 230 230 Ending stocks, total : 68 89 116 116 Avg. farm price ($/bu) 2/ : 4.02 5.37 4.10- 4.60 4.10- 4.60 : OATS : Area planted (mil. acres) : 3.8 3.2 3.4 3.4 Area harv. (mil. acres) : 1.5 1.4 1.4 1.4 Yield (bushels/acre) : 60.1 63.7 67.5 67.5 Beginning stocks : 51 67 84 84 Production : 90 89 93 93 Imports : 123 115 95 95 Supply, total : 264 270 272 272 Feed and residual : 120 109 120 120 Food, seed & industrial : 74 74 75 75 Total domestic : 195 183 195 195 Exports : 3 3 3 3 Use, total : 198 186 198 198 Ending stocks, total : 67 84 74 74 Avg. farm price ($/bu) 2/ : 2.63 3.15 2.00- 2.30 2.00- 2.30 =============================================================================== 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-477-14 December 2009 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :============================== : : Est. : November December =============================================================================== TOTAL : Area : Million acres Planted : 2.76 3.00 3.13 3.13 Harvested : 2.75 2.98 3.10 3.10 Yield per harvested : Pounds acre : 7,219 6,846 7,038 7,038 : : Million hundredweight Beginning stocks 2/ : 39.3 29.4 30.4 30.4 Production : 198.4 203.7 218.2 218.2 Imports : 23.9 19.2 21.0 21.0 Supply, total : 261.6 252.4 269.7 269.7 Domestic & residual 3/ : 127.4 128.4 129.5 129.5 Exports, total 4/ : 104.7 93.6 96.0 97.0 Rough : 37.7 31.1 33.0 35.0 Milled (rough equiv.) : 67.1 62.5 63.0 62.0 Use, total : 232.2 222.0 225.5 226.5 Ending stocks : 29.4 30.4 44.2 43.2 Avg. milling yield (%) 5/ : 70.5 70.5 70.5 70.5 Avg. farm price ($/cwt) 6/ : 12.80 16.80 13.85-14.85 13.90-14.90 : LONG GRAIN : Harvested acres (mil.) : 2.05 2.35 Yield (pounds/acre) : 6,980 6,522 Beginning stocks : 28.5 19.0 20.1 20.1 Production : 143.2 153.3 152.5 152.5 Supply, total 7/ : 189.4 188.2 190.1 190.1 Domestic & Residual 3/ : 91.3 103.0 99.5 99.5 Exports 8/ : 79.1 65.1 68.0 68.0 Use, total : 170.4 168.1 167.5 167.5 Ending stocks : 19.0 20.1 22.6 22.6 Avg. farm price ($/cwt) 6/ : 12.40 15.00 12.50-13.50 12.60-13.60 : MEDIUM & SHORT GRAIN : Harvested acres (mil.) : 0.70 0.63 Yield (pounds/acre) : 7,924 8,063 Beginning stocks : 10.0 9.1 8.0 8.0 Production : 55.2 50.5 65.7 65.7 Supply, total 7/ : 70.8 61.9 77.2 77.2 Domestic & Residual 3/ : 36.1 25.3 30.0 30.0 Exports 8/ : 25.7 28.5 28.0 29.0 Use, total : 61.8 53.9 58.0 59.0 Ending stocks : 9.1 8.0 19.2 18.2 Avg. farm price ($/cwt) 6/ : 14.60 23.70 18.00-19.00 17.75-18.75 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning August 1. 2/ Includes the following quantities of broken kernel rice (type undetermined) not included in estimates of beginning stocks by type (in mil. cwt): 2007/08-0.8; 2008/09-1.3; 2009/10-2.4. 3/ Residual includes unreported use, processing losses, and estimating errors. Use by type may not add to total rice use because of the difference in brokens between beginning and ending stocks. 4/ Includes rough rice and milled rice exports. Milled rice exports are converted to an equivalent rough basis. 5/ Expressed as a percent, i.e., the total quantity of whole kernel and broken rice produced divided by the quantity of rough rice milled. 6/ Marketing-year weighted average price received by farmers. 7/ Includes imports. 8/ Exports by type of rice are estimated. WASDE-477-15 December 2009 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :=============================== : : Est. : November December =============================================================================== SOYBEANS: : Million acres Area : Planted : 64.7 75.7 77.5 77.5 Harvested : 64.1 74.7 76.6 76.6 : : Bushels Yield per harvested : acre : 41.7 39.7 43.3 43.3 : : Million bushels : Beginning stocks : 574 205 138 138 Production : 2,677 2,967 3,319 3,319 Imports : 10 13 8 8 Supply, total : 3,261 3,185 3,465 3,465 Crushings : 1,803 1,662 1,695 1,695 Exports : 1,159 1,283 1,325 1,340 Seed : 93 95 94 94 Residual : 0 6 81 81 Use, total : 3,056 3,047 3,195 3,210 Ending stocks : 205 138 270 255 Avg. farm price ($/bu) 2/ : 10.10 9.97 8.20-10.20 8.75 -10.25 : : : Million pounds SOYBEAN OIL: : Beginning stocks : 3,085 2,485 2,739 2,742 Production : 20,580 18,746 19,240 19,240 Imports : 65 90 75 75 Supply, total : 23,730 21,321 22,054 22,057 Domestic : 18,335 16,385 16,500 16,500 For methyl ester : 3,245 1,907 2,200 2,200 Exports : 2,911 2,193 3,250 3,250 Use, total : 21,246 18,578 19,750 19,750 Ending stocks : 2,485 2,742 2,304 2,307 Average price (c/lb) 2/ : 52.03 32.16 33.00- 35.50- : 37.00 38.50 : : Thousand short tons SOYBEAN MEAL: : Beginning stocks : 343 294 239 235 Production : 42,284 39,104 40,321 40,325 Imports : 141 88 140 140 Supply, total : 42,768 39,486 40,700 40,700 Domestic : 33,232 30,743 30,800 30,800 Exports : 9,242 8,508 9,600 9,600 Use, total : 42,474 39,251 40,400 40,400 Ending stocks : 294 235 300 300 Average price ($/s.t.) 2/ : 335.94 331.17 250.00- 260.00- : 310.00 310.00 =============================================================================== Note: Reliability calculations at end of report. 1/ Marketing year beginning September 1 for soybeans; October 1 for soybean oil and meal. 2/ Prices: soybeans, marketing year weighted average price received by farmers; for oil, simple average of crude soybean oil, Decatur; for meal, simple average of 48 percent, Decatur. WASDE-477-16 December 2009 U.S. Sugar Supply and Use 1/ ====================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :======================= : : Est. : November December ====================================================================== : 1,000 short tons, raw value : Beginning stocks : 1,799 1,660 1,451 1,451 Production 2/ : 8,152 7,484 7,713 7,713 Beet sugar : 4,721 4,166 4,400 4,400 Cane sugar : 3,431 3,318 3,313 3,313 Florida : 1,645 1,577 1,700 1,700 Hawaii : 182 192 143 143 Louisiana : 1,446 1,397 1,300 1,300 Texas : 158 152 170 170 Imports : 2,620 3,082 2,427 2,427 TRQ 3/ : 1,354 1,370 1,257 1,257 Other program 4/ : 565 308 400 400 Other 5/ : 701 1,404 770 770 Mexico : 694 1,402 760 760 Total supply : 12,571 12,226 11,591 11,591 : Exports : 203 137 200 200 Deliveries : 10,708 10,638 10,375 10,375 Food 6/ : 10,506 10,479 10,140 10,140 Other 7/ : 202 159 235 235 Miscellaneous : 0 0 0 0 Total use : 10,911 10,775 10,575 10,575 Ending stocks : 1,660 1,451 1,016 1,016 : Stocks to use ratio : 15.2 13.5 9.6 9.6 ====================================================================== 1/ Fiscal years beginning Oct 1. Includes Puerto Rico. Historical data are from FSA, "Sweetener Market Data" (SMD) except imports (U.S. Customs Service, Census Bureau). 2/ Production projections for 2009/10 are based on Crop Production and trend recovery rates. 3/ For 2009/10, includes shortfall of 200,000 tons. 4/ Includes sugar under the re-export and polyhydric alcohol programs. 5/ For 2009/10, other high-tier (10) and other (0). 6/Combines SMD deliveries for domestic human food use, SMD miscellaneous uses, and the difference between SMD imports and WASDE imports. 7/ Transfers to sugar-containing products for reexport, and for nonedible alcohol and feed. Mexico Sugar Supply and Use and High Fructose Corn Syrup Imports 1/ ========================================================================== : Supply : Use : Fiscal :====================================================: Ending year : Beginning : Production: Imports : Domestic: Exports: stocks : stocks : : : 2/ : : ========================================================================== 1,000 metric tons, raw value Sugar 2008/09 est. Nov 1,975 5,260 215 5,540 1,270 640 Dec 1,975 5,260 215 5,540 1,270 640 2009/10 proj. Nov 640 5,400 710 5,300 690 760 Dec 640 5,400 710 5,300 690 760 ========================================================================== 1/ U.S. HFCS exports to Mexico (metric tons, dry-weight basis): Oct-Sep 2006/07 = 277,767; Oct-Sep 2007/08 = 427,705; Oct-Sep 2008/09 = 297,231. Footnote source: U.S. Census Bureau. 2/Includes domestic consumption and Mexico's products export program (IMMEX). WASDE-477-17 December 2009 U. S. Cotton Supply and Use 1/ =============================================================================== : : : 2009/10 Projections Item : 2007/08 : 2008/09 :=============================== : : Est. : November December =============================================================================== : Million acres Area : Planted : 10.83 9.47 9.14 9.14 Harvested : 10.49 7.57 7.73 7.73 : : Pounds Yield per harvested : acre : 879 813 776 782 : : Million 480 pound bales : Beginning stocks 2/ : 9.48 10.04 6.34 6.34 Production : 19.21 12.82 12.50 12.59 Imports : 0.01 0.00 0.01 0.01 Supply, total : 28.70 22.86 18.84 18.93 Domestic use : 4.59 3.59 3.40 3.40 Exports : 13.65 13.28 10.50 11.00 Use, total : 18.24 16.86 13.90 14.40 Unaccounted 3/ : 0.41 -0.34 0.04 0.03 Ending stocks : 10.04 6.34 4.90 4.50 : Avg. farm price 4/ : 59.3 47.8 52.0-60.0 56.0-64.0 =============================================================================== 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-477-18 December 2009 World Wheat Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2007/08 : World 3/ : 127.53 610.43 113.39 96.29 616.96 117.20 121.01 United States : 12.41 55.82 3.07 0.43 28.61 34.36 8.32 Total foreign : 115.12 554.61 110.33 95.86 588.34 82.84 112.68 Major exporters 4/ : 26.26 171.76 7.47 58.18 134.95 47.07 23.47 Argentina : 1.37 18.00 0.02 0.08 5.13 11.19 3.07 Australia : 3.95 13.57 0.12 3.50 6.50 7.49 3.65 Canada : 6.87 20.05 0.39 2.17 6.79 16.12 4.41 EU-27 5/ : 14.08 120.13 6.94 52.44 116.54 12.27 12.34 Major importers 6/ : 62.16 175.24 59.10 10.76 225.97 8.72 61.82 Brazil : 0.98 3.83 6.71 0.10 10.30 0.77 0.45 China : 38.45 109.30 0.05 8.00 106.00 2.84 38.96 Select. Mideast 7/ : 6.73 20.37 9.32 1.15 29.20 0.56 6.65 N. Africa 8/ : 9.75 13.95 21.73 0.25 36.04 0.26 9.13 Pakistan : 1.99 23.30 1.49 0.40 22.40 2.20 2.18 Southeast Asia 9/ : 2.61 0.00 10.96 0.46 10.52 0.50 2.55 Selected other : India : 4.50 75.81 1.96 0.20 76.42 0.05 5.80 FSU-12 : 9.26 92.54 6.02 23.53 75.00 22.21 10.61 Russia : 2.23 49.40 0.44 15.05 37.70 12.55 1.82 Kazakhstan : 1.65 16.45 0.04 2.70 7.50 8.18 2.46 Ukraine : 1.38 13.90 0.33 3.00 12.30 1.24 2.07 : : 2008/09 (Estimated) : World 3/ : 121.01 682.03 136.36 112.69 639.29 142.29 163.75 United States : 8.32 68.02 3.46 7.03 34.29 27.64 17.87 Total foreign : 112.68 614.02 132.90 105.66 605.00 114.65 145.89 Major exporters 4/ : 23.47 209.02 8.27 68.04 147.46 65.00 28.30 Argentina : 3.07 8.40 0.03 0.08 5.08 6.00 0.41 Australia : 3.65 20.94 0.13 3.75 6.85 14.80 3.07 Canada : 4.41 28.61 0.38 3.21 8.03 18.81 6.56 EU-27 5/ : 12.34 151.07 7.74 61.00 127.50 25.39 18.27 Major importers 6/ : 61.82 172.62 73.85 9.22 228.51 6.26 73.52 Brazil : 0.45 5.88 6.00 0.20 10.70 0.40 1.23 China : 38.96 112.46 0.48 5.00 102.50 0.72 48.69 Select. Mideast 7/ : 6.65 13.31 20.36 1.55 31.60 0.71 8.01 N. Africa 8/ : 9.13 14.59 23.47 0.25 37.35 0.23 9.60 Pakistan : 2.18 21.50 3.09 0.40 22.80 2.10 1.87 Southeast Asia 9/ : 2.55 0.00 11.96 1.42 11.66 0.42 2.43 Selected other : India : 5.80 78.60 0.01 0.10 70.77 0.10 13.54 FSU-12 : 10.61 115.59 6.54 24.88 76.57 37.66 18.51 Russia : 1.82 63.70 0.20 16.20 38.90 18.39 8.43 Kazakhstan : 2.46 12.55 0.12 2.70 7.53 5.70 1.90 Ukraine : 2.07 25.90 0.07 2.90 11.90 13.04 3.11 =============================================================================== 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, 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-477-19 December 2009 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: =============================================================================== : : 2009/10 (Projected) World 3/ : November : 164.74 671.89 121.31 111.95 648.35 125.32 188.28 December : 163.75 673.86 120.36 111.15 646.71 124.67 190.91 United States : November : 17.87 60.31 2.99 5.17 33.28 23.81 24.08 December : 17.87 60.31 2.99 5.17 32.88 23.81 24.49 Total foreign : November : 146.87 611.57 118.32 106.78 615.06 101.51 164.20 December : 145.89 613.55 117.36 105.98 613.83 100.86 166.42 Major exporters 4/ : November : 29.13 193.51 7.48 66.28 147.38 55.00 27.74 December : 28.30 195.34 7.48 65.48 146.58 55.00 29.54 Argentina Nov : 0.41 8.00 0.01 0.08 5.18 2.50 0.74 Dec : 0.41 8.00 0.01 0.08 5.18 2.50 0.74 Australia Nov : 3.90 23.50 0.08 4.00 7.10 15.50 4.87 Dec : 3.07 22.50 0.08 4.00 7.10 15.00 3.54 Canada Nov : 6.56 24.00 0.40 2.20 7.10 18.00 5.86 Dec : 6.56 26.50 0.40 2.40 7.30 18.50 7.66 EU-27 5/ Nov : 18.27 138.01 7.00 60.00 128.00 19.00 16.28 Dec : 18.27 138.34 7.00 59.00 127.00 19.00 17.60 Major importers 6/ : November : 73.68 182.56 65.45 9.78 230.35 5.75 85.59 December : 73.52 182.56 64.45 9.78 230.35 5.25 84.94 Brazil Nov : 1.35 4.50 6.50 0.70 11.40 0.40 0.55 Dec : 1.23 4.50 6.50 0.70 11.40 0.40 0.43 China Nov : 48.72 114.50 0.40 5.00 102.00 1.50 60.12 Dec : 48.69 114.50 0.40 5.00 102.00 1.00 60.59 Sel. Mideast 7/Nov : 8.01 15.03 18.35 1.62 31.32 0.66 9.41 Dec : 8.01 15.03 17.35 1.62 31.32 0.66 8.41 N. Africa 8/ Nov : 9.60 19.40 18.55 0.25 38.33 0.24 8.99 Dec : 9.60 19.40 18.55 0.25 38.33 0.24 8.99 Pakistan Nov : 1.87 24.00 1.00 0.40 23.30 1.00 2.57 Dec : 1.87 24.00 1.00 0.40 23.30 1.00 2.57 SE Asia 9/ Nov : 2.43 0.00 12.05 1.41 11.81 0.33 2.35 Dec : 2.43 0.00 12.05 1.41 11.81 0.33 2.35 Selected other : India Nov : 13.54 80.58 0.00 0.10 76.88 0.20 17.04 Dec : 13.54 80.58 0.10 0.10 76.12 0.05 18.05 FSU-12 Nov : 18.51 110.92 5.05 26.53 78.78 34.94 20.77 Dec : 18.51 111.07 5.00 26.53 78.80 34.94 20.85 Russia Nov : 8.43 59.50 0.20 18.00 40.70 18.00 9.43 Dec : 8.43 59.50 0.20 18.00 40.70 18.00 9.43 Kazakhstan Nov : 1.90 17.00 0.05 2.70 7.55 7.50 3.90 Dec : 1.90 17.00 0.05 2.70 7.55 7.50 3.90 Ukraine Nov : 3.11 20.50 0.10 2.80 12.10 9.00 2.61 Dec : 3.11 20.50 0.10 2.80 12.10 9.00 2.61 =============================================================================== 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-477-20 December 2009 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: =============================================================================== : : 2007/08 : World 3/ : 138.99 1077.31 126.69 656.48 1057.23 127.23 159.06 United States : 36.17 349.86 3.45 157.23 274.53 69.89 45.06 Total foreign : 102.81 727.45 123.24 499.25 782.70 57.33 114.00 Major exporters 4/ : 8.63 80.68 3.55 35.68 51.14 30.14 11.58 Argentina : 2.10 26.97 0.13 7.24 9.90 16.93 2.37 Australia : 1.26 12.18 0.03 5.67 7.07 4.44 1.95 Canada : 3.50 27.84 3.25 18.44 24.02 6.57 4.01 Major importers 5/ : 35.85 216.94 97.81 237.37 310.84 5.41 34.36 EU-27 6/ : 15.14 136.12 20.30 118.90 154.16 4.63 12.77 Japan : 1.76 0.20 19.21 14.55 19.46 0.00 1.71 Mexico : 3.42 30.58 10.98 23.62 40.31 0.11 4.56 N. Afr & Mideast 7/: 8.34 24.94 19.61 39.26 46.20 0.02 6.66 Saudi Arabia : 2.63 0.33 9.36 9.43 9.67 0.00 2.65 Southeast Asia 8/ : 2.57 24.37 4.31 20.00 27.41 0.65 3.19 South Korea : 1.32 0.35 9.36 7.10 8.95 0.00 2.08 Selected other : Brazil : 3.77 61.34 0.97 38.18 45.28 7.94 12.87 China : 38.03 159.10 1.16 105.82 157.01 0.85 40.43 FSU-12 : 5.29 53.91 1.00 35.01 50.64 5.26 4.30 Russia : 1.67 29.33 0.55 18.73 28.88 1.22 1.44 Ukraine : 2.17 14.59 0.03 8.94 12.04 3.14 1.61 : : 2008/09 (Estimated) : World 3/ : 159.06 1102.80 109.25 645.54 1072.99 109.60 188.87 United States : 45.06 326.11 3.05 142.76 275.97 51.17 47.08 Total foreign : 114.00 776.69 106.20 502.79 797.02 58.43 141.79 Major exporters 4/ : 11.58 68.42 2.18 31.13 47.46 20.59 14.12 Argentina : 2.37 16.43 0.13 5.51 8.17 9.31 1.45 Australia : 1.95 11.73 0.00 4.52 5.87 4.88 2.94 Canada : 4.01 27.17 1.90 16.66 22.85 3.87 6.36 Major importers 5/ : 34.36 243.38 81.41 234.21 311.49 6.60 41.05 EU-27 6/ : 12.77 161.56 3.17 113.90 152.10 5.56 19.84 Japan : 1.71 0.22 19.61 14.80 19.71 0.00 1.83 Mexico : 4.56 32.23 10.41 25.69 42.59 0.10 4.51 N. Afr & Mideast 7/: 6.66 24.19 23.05 39.29 46.50 0.15 7.26 Saudi Arabia : 2.65 0.34 9.30 9.53 9.78 0.00 2.51 Southeast Asia 8/ : 3.19 24.43 4.08 20.16 27.96 0.79 2.94 South Korea : 2.08 0.36 7.27 6.42 8.21 0.00 1.49 Selected other : Brazil : 12.87 53.62 1.41 39.28 47.50 7.53 12.86 China : 40.43 173.20 1.65 110.83 160.82 0.22 54.23 FSU-12 : 4.30 78.14 0.55 40.13 56.82 17.05 9.13 Russia : 1.44 40.70 0.16 21.85 32.75 4.79 4.75 Ukraine : 1.61 26.22 0.03 9.55 13.00 11.88 2.98 =============================================================================== 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-477-21 December 2009 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: =============================================================================== : : 2009/10 (Projected) World 3/ : November : 189.47 1091.64 106.88 655.08 1103.78 109.74 177.33 December : 188.87 1089.21 106.87 656.66 1101.56 109.65 176.52 United States : November : 47.08 343.93 2.67 143.87 290.38 57.17 46.13 December : 47.08 343.93 2.67 143.87 290.38 55.90 47.40 Total foreign : November : 142.39 747.71 104.21 511.21 813.40 52.58 131.21 December : 141.79 745.28 104.20 512.79 811.18 53.75 129.12 Major exporters 4/ : November : 13.99 65.14 2.23 31.44 48.14 19.72 13.50 December : 14.12 65.82 2.23 31.85 48.59 20.03 13.55 Argentina Nov : 1.45 19.47 0.03 6.16 8.87 9.91 2.17 Dec : 1.45 19.47 0.03 6.16 8.87 9.91 2.17 Australia Nov : 2.64 11.56 0.00 5.22 6.59 4.66 2.95 Dec : 2.94 11.97 0.00 5.32 6.74 4.96 3.21 Canada Nov : 6.36 22.11 2.07 15.51 21.87 3.63 5.04 Dec : 6.36 22.37 2.07 15.81 22.17 3.63 5.00 Major importers 5/ : November : 40.96 237.55 79.29 234.79 313.87 5.24 38.69 December : 41.05 237.67 79.27 235.58 314.75 5.05 38.20 EU-27 6/ Nov : 19.84 152.47 2.93 113.80 152.91 4.11 18.23 Dec : 19.84 152.59 2.88 114.20 153.30 3.81 18.20 Japan Nov : 1.83 0.19 19.36 14.58 19.51 0.00 1.88 Dec : 1.83 0.19 19.36 14.58 19.51 0.00 1.88 Mexico Nov : 4.52 29.83 11.85 25.82 42.95 0.05 3.20 Dec : 4.51 29.83 11.85 25.83 42.95 0.05 3.19 N Afr/M.East 7/Nov : 7.16 29.21 19.23 40.04 47.40 0.20 7.99 Dec : 7.26 29.21 19.26 40.42 47.88 0.31 7.55 Saudi Arabia Nov : 2.51 0.34 9.30 9.43 9.68 0.00 2.47 Dec : 2.51 0.34 9.30 9.43 9.68 0.00 2.47 S.-east Asia 8/Nov : 2.94 25.06 4.33 20.46 28.56 0.89 2.88 Dec : 2.94 25.06 4.33 20.46 28.56 0.89 2.88 South Korea Nov : 1.49 0.35 7.57 6.05 8.03 0.00 1.38 Dec : 1.49 0.35 7.57 6.05 8.03 0.00 1.38 Selected other : Brazil Nov : 12.89 53.51 0.75 40.68 48.28 9.10 9.78 Dec : 12.86 53.61 0.75 40.68 48.28 9.10 9.85 China Nov : 54.23 162.00 1.59 116.68 167.88 0.57 49.37 Dec : 54.23 162.00 1.59 116.68 167.68 0.57 49.57 FSU-12 Nov : 9.67 66.47 0.62 39.22 55.48 13.00 8.29 Dec : 9.13 67.27 0.60 39.60 56.01 14.05 6.95 Russia Nov : 4.78 31.80 0.35 21.05 31.45 2.30 3.18 Dec : 4.75 31.80 0.35 21.05 31.40 2.35 3.15 Ukraine Nov : 3.06 23.95 0.02 10.45 13.85 10.02 3.16 Dec : 2.98 24.45 0.02 10.35 14.00 11.02 2.43 =============================================================================== 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-477-22 December 2009 World Corn Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2007/08 : World 3/ : 108.86 791.87 98.35 496.63 771.43 98.61 129.31 United States : 33.11 331.18 0.51 150.21 261.63 61.91 41.26 Total foreign : 75.75 460.69 97.84 346.42 509.80 36.70 88.05 Major exporters 4/ : 3.32 35.16 0.15 9.40 16.60 16.96 5.08 Argentina : 1.66 22.00 0.12 5.10 7.00 14.80 1.99 South Africa : 1.66 13.16 0.03 4.30 9.60 2.16 3.09 Major importers 5/ : 17.09 101.77 62.46 118.90 163.49 1.32 16.51 Egypt : 0.92 6.17 4.15 8.30 10.40 0.00 0.85 EU-27 6/ : 7.38 47.56 14.02 51.00 64.00 0.59 4.36 Japan : 1.15 0.00 16.61 12.00 16.60 0.00 1.16 Mexico : 3.08 23.60 9.56 16.20 32.00 0.11 4.13 Southeast Asia 7/ : 2.56 24.32 4.28 19.95 27.35 0.62 3.19 South Korea : 1.32 0.08 9.31 7.05 8.64 0.00 2.08 Selected other : Brazil : 3.59 58.60 0.68 36.00 42.50 7.79 12.58 Canada : 1.34 11.65 3.18 10.18 13.77 0.94 1.46 China : 36.60 152.30 0.04 105.00 149.00 0.55 39.39 FSU-12 : 1.77 13.79 0.62 11.16 12.90 2.13 1.14 Ukraine : 1.07 7.40 0.02 5.00 5.75 2.07 0.67 : : 2008/09 (Estimated) : World 3/ : 129.31 791.63 80.84 480.48 775.49 80.84 145.44 United States : 41.26 307.39 0.34 133.47 259.28 47.18 42.52 Total foreign : 88.05 484.24 80.49 347.01 516.22 33.66 102.92 Major exporters 4/ : 5.08 25.17 0.15 8.60 16.10 10.00 4.29 Argentina : 1.99 12.60 0.13 4.20 6.10 7.50 1.11 South Africa : 3.09 12.57 0.03 4.40 10.00 2.50 3.18 Major importers 5/ : 16.51 118.42 47.38 115.52 162.38 2.62 17.31 Egypt : 0.85 6.22 5.00 8.50 10.80 0.00 1.26 EU-27 6/ : 4.36 62.70 2.50 47.50 62.00 1.75 5.81 Japan : 1.16 0.00 16.53 11.80 16.40 0.00 1.30 Mexico : 4.13 25.00 7.70 16.90 32.90 0.10 3.83 Southeast Asia 7/ : 3.19 24.37 4.05 20.10 27.90 0.77 2.94 South Korea : 2.08 0.09 7.19 6.37 7.88 0.00 1.49 Selected other : Brazil : 12.58 51.00 1.00 37.00 44.50 7.50 12.58 Canada : 1.46 10.59 1.84 7.53 11.66 0.37 1.86 China : 39.39 165.90 0.05 110.00 152.00 0.17 53.17 FSU-12 : 1.14 21.32 0.32 12.52 14.36 6.86 1.57 Ukraine : 0.67 11.40 0.03 4.90 5.65 5.50 0.95 =============================================================================== 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-477-23 December 2009 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: =============================================================================== : : 2009/10 (Projected) World 3/ : November : 145.95 789.73 81.87 488.51 803.27 84.08 132.41 December : 145.44 790.17 81.90 489.41 803.27 83.96 132.34 United States : November : 42.52 328.21 0.25 137.17 276.36 53.34 41.28 December : 42.52 328.21 0.25 137.17 276.36 52.07 42.55 Total foreign : November : 103.42 461.52 81.62 351.35 526.90 30.74 91.13 December : 102.92 461.97 81.65 352.25 526.91 31.89 89.80 Major exporters 4/ : November : 4.48 25.50 0.05 8.50 16.10 9.50 4.43 December : 4.29 25.50 0.05 8.50 16.10 9.50 4.24 Argentina Nov : 1.11 14.00 0.03 4.00 5.90 8.00 1.24 Dec : 1.11 14.00 0.03 4.00 5.90 8.00 1.24 South Africa Nov : 3.37 11.50 0.03 4.50 10.20 1.50 3.19 Dec : 3.18 11.50 0.03 4.50 10.20 1.50 3.01 Major importers 5/ : November : 17.21 110.09 48.40 112.65 160.70 2.41 12.59 December : 17.31 110.09 48.40 112.75 160.80 2.41 12.59 Egypt Nov : 1.16 6.30 4.20 8.50 10.80 0.00 0.86 Dec : 1.26 6.30 4.20 8.60 10.90 0.00 0.86 EU-27 6/ Nov : 5.81 56.13 2.50 45.00 60.00 1.50 2.94 Dec : 5.81 56.13 2.50 45.00 60.00 1.50 2.94 Japan Nov : 1.30 0.00 16.30 11.70 16.30 0.00 1.30 Dec : 1.30 0.00 16.30 11.70 16.30 0.00 1.30 Mexico Nov : 3.83 22.50 9.00 16.50 32.70 0.05 2.58 Dec : 3.83 22.50 9.00 16.50 32.70 0.05 2.58 S.-east Asia 7/Nov : 2.94 25.00 4.30 20.40 28.50 0.86 2.88 Dec : 2.94 25.00 4.30 20.40 28.50 0.86 2.88 South Korea Nov : 1.49 0.09 7.50 6.00 7.70 0.00 1.38 Dec : 1.49 0.09 7.50 6.00 7.70 0.00 1.38 Selected other : Brazil Nov : 12.58 51.00 0.50 38.50 45.50 9.00 9.58 Dec : 12.58 51.00 0.50 38.50 45.50 9.00 9.58 Canada Nov : 1.86 9.50 2.00 7.50 11.80 0.30 1.26 Dec : 1.86 9.56 2.00 7.50 11.80 0.30 1.32 China Nov : 53.17 155.00 0.05 116.00 159.00 0.50 48.72 Dec : 53.17 155.00 0.05 116.00 159.00 0.50 48.72 FSU-12 Nov : 1.54 17.37 0.39 11.71 13.44 4.18 1.68 Dec : 1.57 17.87 0.39 11.71 13.39 5.23 1.20 Ukraine Nov : 0.94 10.00 0.01 4.90 5.65 4.00 1.30 Dec : 0.95 10.50 0.01 4.90 5.65 5.00 0.81 =============================================================================== 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-477-24 December 2009 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 : =============================================================================== : : 2007/08 World 3/ : 75.10 433.36 29.19 428.09 31.09 80.37 United States : 1.27 6.34 0.76 4.08 3.35 0.94 Total foreign : 73.83 427.01 28.43 424.01 27.74 79.43 Major exporters 4/ : 16.03 146.06 0.31 121.92 22.31 18.18 India : 11.43 96.69 0.00 90.47 4.65 13.00 Pakistan : 0.70 5.70 0.00 2.45 3.00 0.95 Thailand : 2.51 19.30 0.01 9.60 10.01 2.21 Vietnam : 1.39 24.38 0.30 19.40 4.65 2.02 Major importers 5/ : 13.70 63.21 11.39 73.15 0.72 14.43 Brazil : 1.16 8.20 0.42 8.25 0.55 0.97 EU-27 6/ : 1.14 1.76 1.57 3.19 0.15 1.13 Indonesia : 4.61 37.00 0.35 36.35 0.00 5.61 Nigeria : 0.47 3.00 1.80 4.50 0.00 0.77 Philippines : 4.87 10.48 2.57 13.50 0.00 4.42 Sel. Mideast 7/ : 1.34 2.38 3.44 5.70 0.02 1.43 Selected other : Burma : 0.60 10.73 0.05 10.25 0.54 0.59 C. Amer & Carib 8/ : 0.48 1.33 1.57 2.98 0.00 0.39 China : 35.92 129.85 0.30 127.45 0.97 37.64 Egypt : 0.37 4.39 0.02 3.34 0.75 0.69 Japan : 2.41 7.93 0.60 8.18 0.20 2.56 Mexico : 0.14 0.18 0.58 0.70 0.01 0.19 South Korea : 0.70 4.41 0.25 4.67 0.00 0.69 : : 2008/09 (Estimated) World 3/ : 80.37 445.94 27.00 434.75 28.26 91.56 United States : 0.94 6.52 0.61 4.10 2.99 0.97 Total foreign : 79.43 439.42 26.39 430.64 25.26 90.58 Major exporters 4/ : 18.18 149.44 0.80 125.20 19.40 23.81 India : 13.00 99.15 0.00 93.15 2.00 17.00 Pakistan : 0.95 6.30 0.00 3.40 3.00 0.85 Thailand : 2.21 19.60 0.30 9.50 8.60 4.01 Vietnam : 2.02 24.39 0.50 19.15 5.80 1.96 Major importers 5/ : 14.43 64.63 11.61 74.80 0.79 15.08 Brazil : 0.97 8.59 0.55 8.48 0.63 1.01 EU-27 6/ : 1.13 1.68 1.32 2.97 0.14 1.02 Indonesia : 5.61 38.30 0.25 37.09 0.01 7.06 Nigeria : 0.77 3.20 1.70 5.10 0.00 0.57 Philippines : 4.42 10.75 2.60 13.65 0.00 4.12 Sel. Mideast 7/ : 1.43 1.67 4.06 5.93 0.02 1.21 Selected other : Burma : 0.59 10.15 0.03 9.55 1.00 0.22 C. Amer & Carib 8/ : 0.39 1.50 1.27 2.85 0.00 0.32 China : 37.64 134.33 0.33 129.30 0.80 42.20 Egypt : 0.69 4.39 0.02 4.00 0.30 0.79 Japan : 2.56 8.03 0.70 8.37 0.20 2.72 Mexico : 0.19 0.18 0.50 0.74 0.01 0.12 South Korea : 0.69 4.84 0.26 4.97 0.00 0.83 =============================================================================== 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-477-25 December 2009 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 : =============================================================================== : : 2009/10 (Projected) World 3/ : November : 90.67 432.09 28.31 436.84 29.66 85.92 December : 91.56 433.85 28.10 435.95 30.48 89.46 United States : November : 0.97 6.98 0.67 4.14 3.07 1.41 December : 0.97 6.98 0.67 4.14 3.10 1.38 Total foreign : November : 89.70 425.11 27.64 432.70 26.59 84.51 December : 90.58 426.87 27.43 431.81 27.38 88.08 Major exporters 4/ : November : 22.96 132.79 0.91 120.45 20.30 15.92 December : 23.81 133.80 1.00 118.15 20.80 19.66 India Nov : 17.00 83.00 0.40 89.00 1.50 9.90 Dec : 17.00 83.00 0.20 86.70 2.00 11.50 Pakistan Nov : 0.85 6.00 0.00 2.70 3.30 0.85 Dec : 0.85 6.00 0.00 2.70 3.30 0.85 Thailand Nov : 3.12 20.00 0.01 9.60 10.00 3.52 Dec : 4.01 20.50 0.30 9.60 10.00 5.21 Vietnam Nov : 2.00 23.80 0.50 19.15 5.50 1.64 Dec : 1.96 24.30 0.50 19.15 5.50 2.11 Major importers 5/ : November : 15.00 64.39 11.97 75.92 0.59 14.85 December : 15.08 64.01 11.92 75.59 0.67 14.75 Brazil Nov : 0.93 8.50 0.75 8.80 0.40 0.98 Dec : 1.01 8.16 0.75 8.46 0.48 0.98 EU-27 6/ Nov : 1.02 1.93 1.40 3.10 0.14 1.12 Dec : 1.02 1.99 1.35 3.11 0.14 1.12 Indonesia Nov : 7.06 37.60 0.30 37.40 0.00 7.56 Dec : 7.06 37.60 0.30 37.40 0.00 7.56 Nigeria Nov : 0.57 3.40 1.60 5.10 0.00 0.47 Dec : 0.57 3.40 1.60 5.10 0.00 0.47 Philippines Nov : 4.12 10.40 2.60 13.79 0.00 3.34 Dec : 4.12 10.30 2.60 13.79 0.00 3.24 Sel. Mideast 7/Nov : 1.21 2.07 4.17 6.09 0.05 1.30 Dec : 1.21 2.07 4.17 6.09 0.05 1.30 Selected other : Burma Nov : 0.22 10.73 0.00 9.75 1.00 0.20 Dec : 0.22 10.73 0.00 9.75 1.00 0.20 C. Am & Car. 8/Nov : 0.30 1.48 1.53 3.00 0.00 0.32 Dec : 0.32 1.50 1.50 3.00 0.00 0.32 China Nov : 42.20 136.00 0.35 132.50 1.30 44.75 Dec : 42.20 137.00 0.35 133.30 1.50 44.75 Egypt Nov : 0.79 4.37 0.01 4.00 0.45 0.73 Dec : 0.79 4.37 0.01 4.00 0.45 0.73 Japan Nov : 2.72 7.62 0.70 8.20 0.20 2.64 Dec : 2.72 7.62 0.70 8.20 0.20 2.64 Mexico Nov : 0.12 0.19 0.60 0.78 0.01 0.12 Dec : 0.12 0.19 0.60 0.78 0.01 0.12 South Korea Nov : 0.83 4.68 0.30 4.75 0.00 1.06 Dec : 0.83 4.91 0.30 4.98 0.00 1.06 =============================================================================== 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-477-26 December 2009 World Cotton Supply and Use 1/ (Million 480-pound bales) ================================================================================ : Supply : Use : : Region :=========================:================: Loss : Ending :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks : stocks : tion : : : : : ================================================================================ : : 2007/08 : World : 63.13 119.91 38.99 123.47 38.47 -2.06 62.16 United States : 9.48 19.21 0.01 4.59 13.65 0.41 10.04 Total foreign : 53.66 100.70 38.98 118.88 24.82 -2.47 52.11 Major exporters 4/ : 19.90 46.47 1.56 28.18 21.11 -0.16 18.81 Central Asia 5/ : 2.14 8.20 0.04 1.61 6.35 0.00 2.42 Afr. Fr. Zone 6/ : 1.06 2.46 3/ 0.19 2.66 0.00 0.67 S. Hemis. 7/ : 7.96 9.72 0.53 6.00 4.09 -0.18 8.30 Australia : 1.18 0.64 3/ 0.05 1.22 -0.05 0.60 Brazil : 5.41 7.36 0.16 4.60 2.23 -0.15 6.25 India : 7.66 24.00 0.60 18.60 7.03 0.00 6.63 Major importers 8/ : 31.73 51.46 34.81 86.25 2.66 -2.31 31.41 Mexico : 1.03 0.62 1.53 2.00 0.22 0.03 0.93 China : 20.54 37.00 11.53 51.50 0.06 -2.50 20.00 EU-27 9/ : 0.83 1.74 1.59 1.81 1.62 0.05 0.67 Turkey : 1.95 3.10 3.27 6.00 0.37 0.00 1.95 Pakistan : 4.88 8.90 3.91 12.00 0.27 0.03 5.39 Indonesia : 0.35 0.03 2.30 2.23 0.02 0.05 0.39 Thailand : 0.35 0.02 1.93 1.95 0.00 0.03 0.32 Bangladesh : 0.59 0.04 3.50 3.50 0.00 0.01 0.62 Vietnam : 0.22 0.03 1.21 1.20 0.00 0.00 0.25 : : 2008/09 (Estimated) : World : 62.16 107.48 30.26 111.13 30.23 -2.59 61.12 United States : 10.04 12.82 3/ 3.59 13.28 -0.34 6.34 Total foreign : 52.11 94.67 30.26 107.55 16.95 -2.25 54.79 Major exporters 4/ : 18.81 42.42 1.54 26.90 13.98 -0.19 22.08 Central Asia 5/ : 2.42 7.12 0.01 1.60 4.45 0.00 3.49 Afr. Fr. Zone 6/ : 0.67 2.41 3/ 0.19 2.20 0.00 0.70 S. Hemis. 7/ : 8.30 8.68 0.31 5.52 4.60 -0.20 7.38 Australia : 0.60 1.50 3/ 0.05 1.20 -0.07 0.93 Brazil : 6.25 5.48 0.05 4.20 2.74 -0.15 4.99 India : 6.63 22.60 0.80 17.90 2.36 0.00 9.77 Major importers 8/ : 31.41 49.54 26.25 76.40 1.93 -2.06 30.94 Mexico : 0.93 0.58 1.32 1.85 0.18 0.03 0.77 China : 20.00 36.70 7.00 45.00 0.08 -2.25 20.87 EU-27 9/ : 0.67 1.24 0.96 1.15 1.01 0.05 0.66 Turkey : 1.95 1.93 2.89 5.00 0.14 0.00 1.63 Pakistan : 5.39 9.00 2.20 11.50 0.43 0.03 4.64 Indonesia : 0.39 0.03 2.00 2.00 0.02 0.05 0.35 Thailand : 0.32 0.02 1.60 1.60 0.00 0.03 0.30 Bangladesh : 0.62 0.04 3.80 3.75 0.00 0.01 0.70 Vietnam : 0.25 0.01 1.23 1.25 0.00 0.00 0.24 ================================================================================ 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, Tanzania, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Hong Kong, Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade. WASDE-477-27 December 2009 World Cotton Supply and Use 1/ (Million 480-pound bales) ================================================================================ : Supply : Use : : Region :=========================:================: Loss : Ending :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks : stocks : tion : : : : : ================================================================================ : : 2009/10 (Projected) World : November : 62.01 102.74 33.17 113.52 33.15 -2.46 53.72 December : 61.12 102.72 33.88 114.51 33.88 -2.46 51.81 United States : November : 6.34 12.50 0.01 3.40 10.50 0.04 4.90 December : 6.34 12.59 0.01 3.40 11.00 0.03 4.50 Total foreign : November : 55.67 90.25 33.16 110.12 22.65 -2.50 48.82 December : 54.79 90.13 33.88 111.11 22.88 -2.50 47.31 Major exporters 4/ : November : 22.88 43.33 1.21 27.41 19.74 -0.19 20.46 December : 22.08 42.97 1.38 27.76 19.82 -0.19 19.04 Central Asia 5/Nov : 3.89 6.25 0.01 1.49 6.15 0.00 2.52 Dec : 3.49 6.35 0.01 1.59 6.00 0.00 2.27 Afr. Fr. Zn. 6/Nov : 0.70 2.42 3/ 0.19 2.28 0.00 0.65 Dec : 0.70 2.38 3/ 0.19 2.26 0.00 0.64 S. Hemis 7/ Nov : 7.40 9.02 0.37 5.51 4.34 -0.20 7.13 Dec : 7.38 9.02 0.37 5.51 4.49 -0.20 6.96 Australia Nov : 0.93 1.80 3/ 0.04 1.65 -0.07 1.11 Dec : 0.93 1.80 3/ 0.04 1.70 -0.07 1.06 Brazil Nov : 5.01 5.40 0.10 4.20 1.90 -0.15 4.56 Dec : 4.99 5.40 0.10 4.20 2.00 -0.15 4.44 India Nov : 10.16 24.25 0.40 18.50 6.70 0.00 9.61 Dec : 9.77 23.80 0.60 18.75 6.80 0.00 8.62 Major importers 8/ : November : 30.95 44.15 29.44 78.44 1.83 -2.31 26.58 December : 30.94 44.52 29.90 79.10 1.99 -2.31 26.58 Mexico Nov : 0.77 0.42 1.60 1.90 0.10 0.03 0.76 Dec : 0.77 0.42 1.60 1.90 0.10 0.03 0.76 China Nov : 20.87 31.50 8.50 46.25 0.08 -2.50 17.04 Dec : 20.87 31.50 9.00 46.75 0.08 -2.50 17.04 EU-27 9/ Nov : 0.66 1.04 0.94 1.04 0.99 0.05 0.56 Dec : 0.66 1.01 0.93 1.01 1.06 0.05 0.48 Turkey Nov : 1.63 1.70 3.30 5.10 0.13 0.00 1.41 Dec : 1.63 1.70 3.30 5.10 0.13 0.00 1.41 Pakistan Nov : 4.64 9.40 2.80 12.00 0.40 0.03 4.41 Dec : 4.64 9.80 2.60 12.00 0.50 0.03 4.51 Indonesia Nov : 0.35 0.03 2.08 2.05 0.02 0.05 0.33 Dec : 0.35 0.03 2.08 2.05 0.02 0.05 0.33 Thailand Nov : 0.30 0.01 1.73 1.70 0.00 0.03 0.31 Dec : 0.30 0.01 1.80 1.78 0.00 0.03 0.31 Bangladesh Nov : 0.70 0.04 4.00 4.00 0.00 0.01 0.73 Dec : 0.70 0.04 4.00 4.00 0.00 0.01 0.73 Vietnam Nov : 0.25 0.01 1.20 1.20 0.00 0.00 0.26 Dec : 0.24 0.01 1.35 1.35 0.00 0.00 0.25 ================================================================================ 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, Tanzania, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Hong Kong, Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade. WASDE-477-28 December 2009 World Soybean Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : : :stocks :Beginning:Produc-: : Domestic : : : stocks : tion :Imports: Crush : Total :Exports: =============================================================================== : : 2007/08 World 2/ : 62.89 221.13 78.16 201.93 229.75 79.52 52.91 United States : 15.62 72.86 0.27 49.08 51.63 31.54 5.58 Total foreign : 47.27 148.27 77.89 152.85 178.12 47.98 47.33 Major exporters 3/ : 40.98 114.10 3.12 68.12 72.78 44.60 40.81 Argentina : 22.61 46.20 2.95 34.61 36.16 13.84 21.76 Brazil : 18.19 61.00 0.15 32.11 35.07 25.36 18.90 Major importers 4/ : 4.42 16.02 64.01 62.88 78.36 0.53 5.57 China : 2.70 14.00 37.82 39.52 49.82 0.45 4.25 EU-27 : 1.12 0.72 15.12 14.87 16.11 0.04 0.81 Japan : 0.26 0.23 4.01 2.89 4.22 0.01 0.27 Mexico : 0.04 0.08 3.61 3.68 3.71 0.00 0.02 : : 2008/09 (Estimated) World 2/ : 52.91 210.87 75.97 192.63 220.45 76.89 42.41 United States : 5.58 80.75 0.36 45.23 48.00 34.93 3.76 Total foreign : 47.33 130.12 75.61 147.40 172.44 41.97 38.65 Major exporters 3/ : 40.81 92.90 1.35 64.81 69.19 38.13 27.74 Argentina : 21.76 32.00 1.29 31.91 33.27 5.75 16.03 Brazil : 18.90 57.00 0.05 31.40 34.30 29.99 11.67 Major importers 4/ : 5.57 17.51 63.83 61.36 76.84 0.45 9.62 China : 4.25 15.50 41.10 41.04 51.44 0.40 9.01 EU-27 : 0.81 0.64 13.00 12.83 14.06 0.02 0.38 Japan : 0.27 0.23 3.40 2.50 3.80 0.00 0.09 Mexico : 0.02 0.16 3.10 3.22 3.25 0.00 0.03 : : 2009/10 (Projected) World 2/ : November : 42.39 250.23 77.49 202.49 233.36 79.37 57.39 December : 42.41 250.25 77.79 202.95 233.75 79.61 57.09 United States : November : 3.76 90.34 0.22 46.13 50.90 36.06 7.36 December : 3.76 90.34 0.22 46.13 50.90 36.47 6.95 Total foreign : November : 38.63 159.90 77.27 156.36 182.46 43.31 50.03 December : 38.65 159.92 77.57 156.82 182.85 43.14 50.15 Major exporters 3/ : November : 27.74 122.70 0.67 68.39 73.10 39.00 39.01 December : 27.74 122.70 0.47 68.39 73.10 38.80 39.01 Argentina Nov : 16.03 53.00 0.50 35.00 36.63 10.15 22.75 Dec : 16.03 53.00 0.30 35.00 36.63 10.15 22.55 Brazil Nov : 11.67 63.00 0.15 31.84 34.79 23.95 16.08 Dec : 11.67 63.00 0.15 31.84 34.79 23.75 16.28 Major importers 4/ : November : 9.63 16.82 64.67 64.71 80.68 0.56 9.89 December : 9.62 16.81 65.17 65.09 81.06 0.56 9.98 China Nov : 9.01 14.50 40.50 44.10 54.63 0.50 8.88 Dec : 9.01 14.50 41.00 44.48 55.01 0.50 9.00 EU-27 Nov : 0.39 1.00 12.70 12.30 13.45 0.03 0.61 Dec : 0.38 0.99 12.70 12.30 13.45 0.03 0.59 Japan Nov : 0.09 0.23 3.95 2.75 4.11 0.00 0.16 Dec : 0.09 0.23 3.95 2.75 4.11 0.00 0.16 Mexico Nov : 0.03 0.12 3.54 3.62 3.65 0.00 0.03 Dec : 0.03 0.12 3.54 3.62 3.65 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-477-29 December 2009 World Soybean Meal Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total : : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2007/08 World 2/ : 6.52 158.52 54.32 157.47 55.78 6.11 United States : 0.31 38.36 0.13 30.15 8.38 0.27 Total foreign : 6.21 120.16 54.20 127.33 47.39 5.85 Major exporters 3/ : 3.82 58.48 0.19 14.94 43.74 3.81 Argentina : 1.48 27.07 0.00 0.62 26.82 1.11 Brazil : 1.91 24.89 0.18 12.26 12.14 2.59 India : 0.43 6.52 0.00 2.06 4.79 0.11 Major importers 4/ : 1.19 44.59 31.05 74.48 1.10 1.24 EU-27 : 0.86 11.72 24.07 35.17 0.41 1.07 China : 0.00 31.28 0.20 30.85 0.63 0.00 : : 2008/09 (Estimated) World 2/ : 6.11 151.36 51.69 152.12 52.46 4.59 United States : 0.27 35.48 0.08 27.89 7.72 0.21 Total foreign : 5.85 115.88 51.61 124.23 44.74 4.37 Major exporters 3/ : 3.81 55.27 0.11 15.46 40.51 3.22 Argentina : 1.11 24.95 0.00 0.63 24.35 1.09 Brazil : 2.59 24.33 0.11 12.34 13.00 1.68 India : 0.11 5.99 0.00 2.48 3.16 0.45 Major importers 4/ : 1.24 44.06 29.12 72.36 1.52 0.55 EU-27 : 1.07 10.11 21.80 32.13 0.45 0.39 China : 0.00 32.48 0.22 31.67 1.02 0.00 : : 2009/10 (Projected) World 2/ : November : 4.57 159.54 53.94 158.19 55.20 4.66 December : 4.59 159.92 53.87 158.56 55.20 4.60 United States : November : 0.22 36.58 0.13 27.94 8.71 0.27 December : 0.21 36.58 0.13 27.94 8.71 0.27 Total foreign : November : 4.36 122.96 53.81 130.25 46.50 4.39 December : 4.37 123.33 53.74 130.62 46.50 4.33 Major exporters 3/ : November : 3.22 58.43 0.16 16.05 42.57 3.19 December : 3.22 58.36 0.16 16.05 42.57 3.11 Argentina Nov : 1.09 27.37 0.00 0.68 26.72 1.07 Dec : 1.09 27.37 0.00 0.68 26.72 1.07 Brazil Nov : 1.68 24.68 0.15 12.63 12.15 1.74 Dec : 1.68 24.68 0.15 12.63 12.15 1.74 India Nov : 0.45 6.38 0.00 2.75 3.70 0.39 Dec : 0.45 6.31 0.00 2.75 3.70 0.31 Major importers 4/ : November : 0.54 46.20 30.50 75.63 1.05 0.56 December : 0.55 46.50 30.50 75.93 1.05 0.57 EU-27 Nov : 0.39 9.69 22.80 32.20 0.32 0.36 Dec : 0.39 9.69 22.80 32.20 0.32 0.36 China Nov : 0.00 34.90 0.20 34.42 0.68 0.00 Dec : 0.00 35.20 0.20 34.72 0.68 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-477-30 December 2009 World Soybean Oil Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total : : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2007/08 World 2/ : 3.56 37.55 10.41 37.63 10.87 3.02 United States : 1.40 9.34 0.03 8.32 1.32 1.13 Total foreign : 2.16 28.22 10.38 29.31 9.55 1.90 Major exporters 3/ : 1.10 15.45 1.11 8.29 8.51 0.86 Argentina : 0.38 6.63 0.00 1.00 5.79 0.22 Brazil : 0.51 6.16 0.07 3.92 2.39 0.43 EU-27 : 0.21 2.67 1.04 3.38 0.33 0.21 Major importers 4/ : 0.50 8.51 3.52 12.05 0.11 0.37 China : 0.25 7.05 2.73 9.69 0.10 0.23 India : 0.25 1.46 0.73 2.30 0.01 0.13 Pakistan : 0.00 0.00 0.06 0.06 0.00 0.01 : : 2008/09 (Estimated) World 2/ : 3.02 35.72 8.87 35.68 9.01 2.91 United States : 1.13 8.50 0.04 7.43 1.00 1.24 Total foreign : 1.90 27.21 8.83 28.25 8.02 1.67 Major exporters 3/ : 0.86 14.45 0.83 8.48 6.98 0.67 Argentina : 0.22 6.12 0.00 1.41 4.67 0.27 Brazil : 0.43 6.02 0.01 4.27 1.91 0.27 EU-27 : 0.21 2.31 0.82 2.81 0.40 0.13 Major importers 4/ : 0.37 8.65 3.60 11.86 0.09 0.66 China : 0.23 7.31 2.49 9.49 0.08 0.47 India : 0.13 1.34 1.06 2.33 0.01 0.19 Pakistan : 0.01 0.00 0.04 0.05 0.00 0.00 : : 2009/10 (Projected) World 2/ : November : 2.91 37.61 8.95 37.37 9.45 2.63 December : 2.91 37.69 8.95 37.48 9.48 2.59 United States : November : 1.24 8.73 0.03 7.48 1.47 1.05 December : 1.24 8.73 0.03 7.48 1.47 1.05 Total foreign : November : 1.67 28.88 8.91 29.89 7.98 1.59 December : 1.67 28.96 8.91 29.99 8.01 1.54 Major exporters 3/ : November : 0.67 15.04 0.65 8.85 6.91 0.60 December : 0.67 15.04 0.65 8.85 6.91 0.60 Argentina Nov : 0.27 6.72 0.00 1.54 5.22 0.22 Dec : 0.27 6.72 0.00 1.54 5.22 0.22 Brazil Nov : 0.27 6.11 0.05 4.68 1.50 0.25 Dec : 0.27 6.11 0.05 4.68 1.50 0.25 EU-27 Nov : 0.13 2.21 0.60 2.63 0.19 0.13 Dec : 0.13 2.21 0.60 2.63 0.19 0.13 Major importers 4/ : November : 0.66 9.29 3.32 12.49 0.11 0.67 December : 0.66 9.34 3.32 12.59 0.11 0.62 China Nov : 0.47 7.86 2.40 10.17 0.10 0.46 Dec : 0.47 7.93 2.40 10.27 0.10 0.43 India Nov : 0.19 1.43 0.89 2.29 0.01 0.21 Dec : 0.19 1.41 0.89 2.29 0.01 0.19 Pakistan Nov : 0.00 0.00 0.03 0.03 0.00 0.00 Dec : 0.00 0.00 0.03 0.03 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-477-31 December 2009 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 2008 : IV : 6382 6098 12561 8865 1582 10576 23137 1907 46.7 Annual : 26561 23347 50225 36906 6246 43712 93937 7509 190.0 : 2009 : I : 6248 5811 12136 8574 1385 10077 22213 1857 47.4 II : 6602 5488 12165 8937 1420 10487 22652 1867 48.9 III : 6689 5698 12462 9172 1417 10725 23187 1878 46.8 IV* : 6340 6055 12474 8850 1475 10450 22924 1915 46.2 Annual : Nov Proj : 25874 23052 49230 35632 5697 41838 91068 7507 189.1 Dec Proj : 25879 23052 49237 35533 5697 41739 90976 7517 189.2 : 2010 : I* : 6135 5685 11897 8600 1350 10075 21972 1865 46.8 II* : 6570 5335 11979 8975 1400 10500 22479 1880 48.3 III* : 6540 5430 12045 9250 1425 10800 22845 1895 46.5 Annual : Nov Proj : 25510 22435 48248 36100 5725 42330 90578 7565 187.7 Dec Proj : 25485 22410 48198 35900 5675 42080 90278 7565 187.9 =============================================================================== * 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 2008 : IV : 88.22 41.92 79.4 87.3 122.6 16.80 Annual : 92.27 47.84 79.7 87.5 128.3 18.29 : 2009 : I : 80.98 42.11 79.7 73.8 109.7 12.23 II : 84.53 42.74 81.9 79.1 89.7 11.60 III : 82.78 38.90 76.8 81.4 94.8 12.07 IV* : 83-84 39-40 71-72 83-84 116-119 14.95-15.15 Annual : Nov Proj : 83.32 40.19 77.6 79.1 99.8 12.60-12.70 Dec Proj : 82.95 40.81 77.5 79.5 102.9 12.70-12.80 : 2010 : I* : 83-87 40-42 74-78 74-78 109-115 15.95-16.45 II* : 85-93 43-47 75-81 79-85 101-109 15.90-16.70 III* : 87-95 47-51 77-83 81-87 96-104 16.35-17.35 Annual : Nov Proj : 87-94 43-46 75-81 77-83 99-107 16.05-16.95 Dec Proj : 86-93 43-46 75-81 79-85 102-110 16.35-17.15 =============================================================================== *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-477-32 December 2009 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 : 2008 : 630 26663 2538 29831 1887 642 27302 62.8 2009 Proj. Nov : 642 25976 2720 29338 1825 590 26923 61.3 Dec : 642 25981 2703 29326 1846 580 26900 61.3 2010 Proj. Nov : 590 25612 2795 28997 1925 460 26612 60.0 Dec : 580 25587 2795 28962 1985 460 26517 59.8 : PORK : 2008 : 519 23367 832 24717 4667 635 19415 49.5 2009 Proj. Nov : 635 23072 821 24528 4135 650 19743 49.9 Dec : 635 23072 841 24548 4176 625 19747 49.9 2010 Proj. Nov : 650 22455 860 23965 4450 650 18865 47.1 Dec : 625 22430 900 23955 4600 625 18730 46.8 : TOTAL RED MEAT 5/ : 2008 : 1169 50361 3553 55083 6566 1307 47210 113.6 2009 Proj. Nov : 1307 49365 3716 54388 5976 1263 47149 112.6 Dec : 1307 49372 3714 54393 6038 1228 47127 112.5 2010 Proj. Nov : 1263 48383 3839 53485 6391 1132 45962 108.5 Dec : 1228 48333 3879 53440 6601 1106 45733 108.0 : BROILERS : 2008 : 719 36511 79 37309 6961 745 29603 83.5 2009 Proj. Nov : 745 35251 80 36076 6683 635 28758 80.4 Dec : 745 35153 82 35980 6727 610 28643 80.1 2010 Proj. Nov : 635 35714 80 36429 6300 655 29474 81.5 Dec : 610 35516 80 36206 6300 645 29261 81.0 : TURKEYS : 2008 : 261 6165 8 6434 676 396 5361 17.6 2009 Proj. Nov : 396 5622 13 6032 534 375 5123 16.7 Dec : 396 5622 13 6032 536 350 5146 16.7 2010 Proj. Nov : 375 5650 12 6037 545 340 5152 16.6 Dec : 350 5601 12 5963 545 340 5078 16.4 : TOTAL POULTRY 6/ : 2008 : 982 43235 92 44309 7785 1144 35379 102.5 2009 Proj. Nov : 1144 41382 100 42626 7333 1014 34279 98.4 Dec : 1144 41284 101 42529 7377 964 34188 98.1 2010 Proj. Nov : 1014 41868 100 42982 6985 999 34998 99.3 Dec : 964 41621 100 42685 6985 989 34711 98.5 : RED MEAT & POULTRY : 2008 : 2151 93596 3646 99392 14352 2451 82589 216.1 2009 Proj. Nov : 2451 90746 3816 97013 13308 2277 81428 210.9 Dec : 2451 90655 3815 96922 13414 2192 81315 210.6 2010 Proj. Nov : 2277 90251 3939 96467 13376 2131 80960 207.8 Dec : 2192 89954 3979 96125 13586 2095 80444 206.5 =============================================================================== 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-477-33 December 2009 U.S. Egg Supply and Use =============================================================================== : : : 2009 Projected : 2010 Projected : : :-----------------:----------------- Commodity : 2007 : 2008 : Nov : Dec : Nov : Dec =============================================================================== EGGS : Million dozen Supply : Beginning stocks : 12.5 11.1 17.2 17.2 17.0 15.0 Production : 7587.0 7509.0 7507.0 7517.0 7565.0 7565.0 Imports : 13.6 14.6 12.9 11.9 16.0 16.0 Total supply : 7613.1 7534.7 7537.1 7546.1 7598.0 7596.0 : Use : Exports : 250.3 206.3 220.2 229.5 200.0 200.0 Hatching use : 1016.3 994.9 950.3 950.3 982.0 970.0 Ending stocks : 11.1 17.2 17.0 15.0 16.0 15.0 Disappearance : Total : 6335.4 6316.3 6349.6 6351.3 6400.0 6411.0 Per capita (number) : 252.0 248.9 248.0 248.0 247.3 247.8 =============================================================================== U.S. Milk Supply and Use =============================================================================== : : : 2009 Projected : 2010 Projected Commodity : : :-----------------:----------------- : 2007 : 2008 : Nov : Dec : Nov : Dec =============================================================================== : Billion pounds Milk : Production : 185.7 190.0 189.1 189.2 187.7 187.9 Farm use : 1.1 1.1 1.2 1.1 1.2 1.1 : Fat Basis Supply : Beg. commercial stocks : 9.5 10.4 10.0 10.0 10.7 10.8 Marketings : 184.6 188.9 188.0 188.1 186.5 186.8 Imports : 4.6 3.9 4.4 4.3 4.2 4.2 Total cml. supply : 198.7 203.2 202.4 202.5 201.4 201.9 : Fat Basis Use : Commercial Exports : 5.7 8.7 4.0 4.1 4.8 4.8 Ending commercial stks : 10.4 10.0 10.7 10.8 8.5 9.0 CCC net removals 1/ : 0.0 0.0 0.6 0.6 0.3 0.3 Commercial use 2/ : 182.7 184.4 186.9 186.9 187.7 187.7 : Skim-solids Basis Supply : Beg. commercial stocks : 9.1 9.9 10.9 10.9 10.7 10.2 Marketings : 184.6 188.9 188.0 188.1 186.5 186.8 Imports : 4.4 3.7 4.0 3.8 4.0 4.0 Total cml. supply : 198.1 202.6 202.8 202.8 201.2 201.1 : Skim-solids Basis Use : Commercial Exports : 24.5 26.6 22.0 22.1 25.5 25.5 Ending commercial stks : 9.9 10.9 10.7 10.2 8.7 8.7 CCC net removals 1/ : 0.0 1.3 2.9 2.9 -0.6 -0.6 Commercial use 2/ : 163.7 163.8 167.8 168.2 168.0 167.8 : : Million pounds CCC product net removals 1/: Butter : 0 0 24 24 14 14 Cheese : 0 0 2 2 1 1 Nonfat dry milk : 0 111 248 248 -50 -50 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. 2009 and 2010 adjusted for the Barter Program WASDE-477-34 December 2009 U.S. Dairy Prices =========================================================================== : : : 2009 Projected : 2010 Projected : : :-----------------:----------------- Commodity : 2007 : 2008 : Nov : Dec : Nov : Dec =========================================================================== : Dollars per pound : Product Prices 1/ : Cheese : 1.7380 1.8954 1.285- 1.290- 1.600- 1.615- : 1.295 1.300 1.690 1.695 : Butter : 1.3441 1.4356 1.200- 1.195- 1.430- 1.430- : 1.230 1.225 1.550 1.540 : Nonfat dry milk : 1.7083 1.2256 0.905- 0.910- 1.195- 1.245- : 0.925 0.930 1.265 1.305 : Dry whey : 0.6004 0.2504 0.250- 0.255- 0.340- 0.350- : 0.260 0.265 0.370 0.380 : : Dollars per cwt Milk Prices 2/ : Class III : 18.04 17.44 11.20- 11.30- 14.95- 15.15- : 11.30 11.40 15.85 15.95 : Class IV : 18.36 14.65 10.75- 10.75- 14.20- 14.60- : 10.95 10.95 15.20 15.50 : All milk 3/ : 19.13 18.29 12.60- 12.70- 16.05- 16.35- : 12.70 12.80 16.95 17.15 : =========================================================================== 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-477-35 December 2009 Note: Tables on pages 35-37 present a 28-year record of the differences between the December projection and the final estimate. Using world wheat production as an example, changes between the December projection and the final estimate have averaged 3.9 million tons (0.7%) ranging from -10.2 to 6.1 million tons. The December projection has been below the estimate 19 times and above 9 times. Reliability of December Projections =============================================================================== :Differences between proj. & final estimate,1981/82-2008/09 1/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== WHEAT :Percent Million metric tons Number of years Production : World : 0.7 3.9 -10.2 6.1 19 9 U.S. : 0.3 0.2 -1.2 0.5 13 10 Foreign : 0.8 3.9 -10.3 6.3 19 9 Exports : World : 3.9 4.6 -18.3 5.7 22 6 U.S. : 4.7 1.5 -3.9 3.4 15 13 Foreign : 5.4 4.6 -17.9 5.9 24 4 Domestic use : World : 1.0 5.2 -13.0 16.7 17 11 U.S. : 5.1 1.6 -2.4 3.6 8 20 Foreign : 1.0 5.3 -16.1 15.8 19 9 Ending stocks : World : 4.8 6.2 -17.4 6.1 20 8 U.S. : 8.4 1.8 -7.0 2.1 18 10 Foreign : 4.9 5.2 -16.5 9.7 19 9 : COARSE GRAINS 2/ : Production : World : 1.1 9.5 -23.6 6.9 19 9 U.S. : 1.0 2.4 -7.5 5.8 15 13 Foreign : 1.5 9.6 -26.2 7.6 18 10 Exports : World : 4.3 4.6 -10.8 12.4 19 9 U.S. : 10.2 5.3 -11.6 12.4 12 16 Foreign : 9.6 5.1 -14.9 7.2 16 11 Domestic use : World : 1.1 9.3 -19.4 22.8 16 12 U.S. : 2.8 5.3 -17.9 16.5 15 13 Foreign : 1.2 7.8 -14.3 22.7 18 10 Ending stocks : World : 8.7 12.6 -30.3 17.5 22 6 U.S. : 16.4 8.0 -23.9 21.2 15 13 Foreign : 11.4 10.1 -31.8 8.3 22 6 : RICE, milled : Production : World : 1.7 5.9 -16.2 4.7 22 6 U.S. : 2.5 0.1 -0.3 0.5 15 11 Foreign : 1.7 5.9 -16.2 4.6 23 5 Exports : World : 7.3 1.5 -6.1 2.0 22 6 U.S. : 6.1 0.2 -0.6 0.4 14 12 Foreign : 8.4 1.4 -6.0 1.6 20 8 Domestic use : World : 1.1 3.7 -15.9 1.5 22 6 U.S. : 5.3 0.2 -0.4 0.4 15 13 Foreign : 1.1 3.7 -16.1 1.7 21 7 Ending stocks : World : 8.5 4.2 -14.8 4.8 21 7 U.S. : 16.0 0.2 -0.6 0.8 15 13 Foreign : 9.0 4.3 -14.2 4.6 21 7 =============================================================================== 1/ Footnotes at end of table. CONTINUED WASDE-477-36 December 2009 Reliability of December Projections (Continued) =============================================================================== :Differences between proj. & final estimate,1981/82-2008/09 1/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== SOYBEANS :Percent Million metric tons Number of years Production : World : 3.0 4.7 -9.0 23.8 15 13 U.S. : 1.6 1.0 -2.7 2.1 11 17 Foreign : 5.2 4.6 -9.4 25.1 14 14 Exports : World : 5.0 2.2 -8.1 11.5 16 12 U.S. : 7.7 1.8 -6.3 4.8 16 12 Foreign : 14.8 2.2 -7.4 11.4 14 14 Domestic use : World : 2.5 3.6 -5.8 12.2 16 12 U.S. : 3.0 1.2 -3.6 3.1 19 9 Foreign : 3.1 3.1 -5.4 11.9 16 12 Ending stocks : World : 13.5 3.7 -8.2 18.5 17 11 U.S. : 26.3 1.9 -2.8 5.6 8 20 Foreign : 16.7 3.4 -8.4 12.9 18 10 : COTTON : Million 480-pound bales Production : World : 2.4 2.3 -6.4 4.4 16 11 U.S. : 1.5 0.2 -0.5 0.8 15 12 Foreign : 2.9 2.2 -6.7 4.3 15 12 Exports : World : 4.9 1.4 -4.1 3.6 16 12 U.S. : 11.1 0.9 -1.9 3.0 17 11 Foreign : 5.5 1.0 -3.3 4.1 14 13 Mill use : World : 2.2 2.0 -6.0 5.5 15 13 U.S. : 4.4 0.3 -0.9 1.0 16 11 Foreign : 2.2 1.9 -5.5 4.9 16 12 Ending stocks : World : 9.6 3.7 -9.3 9.4 16 12 U.S. : 21.0 1.0 -3.2 2.2 8 20 Foreign : 9.6 3.3 -8.6 8.9 19 9 =============================================================================== 1/ Final estimate for 1981/82-2007/08 is defined as the first November estimate following the marketing year, and for 2008/09 last month's estimate. 2/ Includes corn, sorghum, barley, oats, rye, millet, and mixed grain. WASDE-477-37 December 2009 Reliability of United States December Projections 1/ =============================================================================== :Differences between proj. & final estimate,1981/82-2008/09 2/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== CORN :Percent Million bushels Number of years Production : 1.0 85 -250 210 15 12 Exports : 10.5 187 -450 408 12 16 Domestic use : 3.1 202 -574 535 18 10 Ending stocks : 19.1 311 -986 907 15 13 : SORGHUM : Production : 2.4 15 -53 52 13 15 Exports : 11.8 27 -90 97 20 7 Domestic use : 9.1 36 -114 127 11 17 Ending stocks : 29.0 29 -104 82 12 16 : BARLEY : Production : 1.0 4 -12 24 11 10 Exports : 20.6 11 -37 30 10 16 Domestic use : 5.4 18 -30 70 11 16 Ending stocks : 11.5 15 -39 28 19 8 : OATS : Production : 0.7 2 -18 16 7 8 Exports : 42.0 1 -4 7 8 7 Domestic use : 3.3 12 -39 36 13 15 Ending stocks : 13.4 14 -46 52 18 10 : : Thousand short tons SOYBEAN MEAL : Production : 2.8 917 -2578 2379 17 11 Exports : 9.1 631 -1900 1300 15 13 Domestic use : 2.7 708 -1206 2293 16 12 Ending stocks : 26.9 66 -214 188 12 15 : : Million pounds SOYBEAN OIL : Production : 2.6 405 -1418 1142 18 10 Exports : 19.7 321 -1325 964 13 13 Domestic use : 2.9 409 -985 1761 17 11 Ending stocks : 15.9 267 -723 708 17 11 ------------------------------------------------------------------------------- : ANIMAL PROD. 3/ : Million pounds Beef : 3.2 785 -852 2311 18 8 Pork : 2.6 459 -1240 1592 15 11 Broilers : 1.3 322 -1137 516 16 10 Turkeys : 2.1 104 -294 306 17 9 : : Million dozen Eggs : 1.3 83 -141 175 16 10 : : Billion pounds Milk : 1.3 2.0 -6.1 5.7 14 12 =============================================================================== 1/ See pages 35 and 36 for record of reliability for U.S. wheat, rice, soybeans, and cotton. 2/ Final estimate for 1981/82-2007/08 is defined as the first November estimate following the marketing year, and for 2008/09 last month's estimate. 3/ Calendar years 1983 thru 2008 for meats, eggs, and milk. Final for animal products is defined as latest annual production estimate published by NASS. ----- End of File -----