WASDE - 560 - 8 December 2016 World and U.S Supply and Use for Grains 1/ Million Metric Tons ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World Total Grains 4/ 2014/15 2512.93 3032.53 394.14 2455.42 577.12 2015/16 (Est.) 2457.41 3034.52 376.88 2432.61 601.92 2016/17 (Proj.) Nov 2548.16 3150.84 397.45 2529.41 621.43 Dec 2562.12 3164.04 402.75 2536.76 627.28 Wheat 2014/15 728.26 922.94 164.42 705.74 217.20 2015/16 (Est.) 735.49 952.70 172.49 712.05 240.65 2016/17 (Proj.) Nov 744.72 985.75 174.23 736.52 249.23 Dec 751.26 991.91 176.83 739.77 252.14 Coarse Grains 5/ 2014/15 1306.12 1517.16 186.14 1271.77 245.39 2015/16 (Est.) 1249.65 1495.04 164.77 1250.24 244.80 2016/17 (Proj.) Nov 1319.65 1564.98 182.23 1314.50 250.47 Dec 1329.35 1574.15 185.20 1319.22 254.94 Rice, milled 2014/15 478.56 592.43 43.58 477.91 114.52 2015/16 (Est.) 472.27 586.79 39.62 470.32 116.47 2016/17 (Proj.) Nov 483.80 600.11 40.99 478.38 121.72 Dec 481.51 597.98 40.71 477.77 120.21 United States Total Grains 4/ 2014/15 439.49 499.23 83.28 346.98 68.98 2015/16 (Est.) 429.21 505.96 81.59 348.21 76.16 2016/17 (Proj.) Nov 474.42 558.24 93.21 367.12 97.92 Dec 474.42 558.20 93.17 367.24 97.79 Wheat 2014/15 55.15 75.33 23.52 31.33 20.48 2015/16 (Est.) 56.12 79.67 21.09 32.02 26.55 2016/17 (Proj.) Nov 62.86 92.82 26.54 35.16 31.12 Dec 62.86 92.82 26.54 35.16 31.12 Coarse Grains 5/ 2014/15 377.23 414.99 56.70 311.34 46.95 2015/16 (Est.) 366.99 417.87 57.07 312.67 48.13 2016/17 (Proj.) Nov 404.11 455.75 63.12 327.73 64.90 Dec 404.11 455.71 63.08 327.86 64.77 Rice, milled 2014/15 7.11 8.91 3.06 4.30 1.55 2015/16 (Est.) 6.11 8.43 3.42 3.53 1.48 2016/17 (Proj.) Nov 7.45 9.68 3.56 4.22 1.90 Dec 7.45 9.68 3.56 4.22 1.90 ================================================================================ WASDE - 560 - 9 December 2016 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/ 2014/15 2073.45 2533.31 310.87 2108.44 508.14 2015/16 (Est.) 2028.19 2528.56 295.30 2084.39 525.76 2016/17 (Proj.) Nov 2073.74 2592.60 304.24 2162.29 523.52 Dec 2087.70 2605.84 309.58 2169.51 529.50 Wheat 2014/15 673.11 847.61 140.90 674.40 196.73 2015/16 (Est.) 679.38 873.03 151.40 680.03 214.09 2016/17 (Proj.) Nov 681.86 892.94 147.70 701.36 218.12 Dec 688.40 899.09 150.30 704.61 221.02 Coarse Grains 5/ 2014/15 928.88 1102.17 129.44 960.43 198.45 2015/16 (Est.) 882.66 1077.17 107.70 937.58 196.67 2016/17 (Proj.) Nov 915.54 1109.23 119.11 986.77 185.57 Dec 925.25 1118.45 122.13 991.36 190.16 Rice, milled 2014/15 471.46 583.52 40.52 473.61 112.97 2015/16 (Est.) 466.16 578.36 36.20 466.79 115.00 2016/17 (Proj.) Nov 476.34 590.43 37.44 474.16 119.83 Dec 474.05 588.30 37.16 473.55 118.31 ================================================================================ World and U.S. Supply and Use for Cotton 1/ Million 480-lb. Bales ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World 2014/15 119.19 222.50 35.31 111.42 111.67 2015/16 (Est.) 96.46 208.13 35.18 111.27 96.80 2016/17 (Proj.) Nov 103.28 200.19 35.21 111.99 88.31 Dec 104.24 201.03 35.33 111.91 89.15 United States 2014/15 16.32 18.68 11.25 3.58 3.65 2015/16 (Est.) 12.89 16.57 9.15 3.45 3.80 2016/17 (Proj.) Nov 16.16 19.97 12.00 3.50 4.50 Dec 16.52 20.33 12.20 3.30 4.80 Foreign 4/ 2014/15 102.87 203.82 24.07 107.85 108.02 2015/16 (Est.) 83.57 191.55 26.03 107.82 93.00 2016/17 (Proj.) Nov 87.12 180.21 23.21 108.49 83.81 Dec 87.71 180.70 23.13 108.61 84.35 ================================================================================ WASDE - 560 - 10 December 2016 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 2014/15 536.85 614.52 147.06 439.26 93.57 2015/16 (Est.) 522.12 615.69 153.10 448.23 89.29 2016/17 (Proj.) Nov 551.23 640.15 159.74 463.56 92.87 Dec 554.66 643.95 159.85 465.89 94.56 Oilmeals 2014/15 299.52 313.21 85.46 293.95 16.02 2015/16 (Est.) 307.06 323.08 87.23 304.39 14.31 2016/17 (Proj.) Nov 317.91 331.83 91.66 316.36 11.96 Dec 319.30 333.61 91.09 315.97 13.52 Vegetable Oils 2014/15 176.98 200.66 76.54 171.76 23.36 2015/16 (Est.) 177.20 200.56 73.98 178.71 19.53 2016/17 (Proj.) Nov 185.72 205.17 78.58 183.50 18.07 Dec 186.45 205.98 78.26 184.81 17.97 United States Oilseeds 2014/15 116.03 121.83 51.12 55.11 6.76 2015/16 (Est.) 115.88 123.76 53.79 55.08 6.88 2016/17 (Proj.) Nov 128.68 137.22 56.96 57.09 14.63 Dec 128.78 137.45 56.96 57.20 14.63 Oilmeals 2014/15 43.27 47.44 12.15 35.00 0.29 2015/16 (Est.) 42.85 47.21 11.21 35.69 0.30 2016/17 (Proj.) Nov 44.24 48.56 11.23 37.00 0.34 Dec 44.10 48.43 11.05 37.05 0.34 Vegetable Oils 2014/15 10.94 16.14 1.17 13.68 1.29 2015/16 (Est.) 11.20 17.03 1.25 14.54 1.24 2016/17 (Proj.) Nov 11.54 17.28 1.24 14.81 1.24 Dec 11.57 17.31 1.24 14.93 1.15 Foreign 3/ Oilseeds 2014/15 420.82 492.69 95.95 384.15 86.81 2015/16 (Est.) 406.24 491.93 99.31 393.16 82.41 2016/17 (Proj.) Nov 422.55 502.94 102.77 406.47 78.24 Dec 425.88 506.50 102.89 408.69 79.93 Oilmeals 2014/15 256.25 265.78 73.32 258.96 15.73 2015/16 (Est.) 264.21 275.87 76.02 268.70 14.00 2016/17 (Proj.) Nov 273.67 283.26 80.43 279.36 11.62 Dec 275.20 285.18 80.04 278.92 13.19 Vegetable Oils 2014/15 166.05 184.52 75.36 158.08 22.08 2015/16 (Est.) 166.00 183.53 72.73 164.17 18.29 2016/17 (Proj.) Nov 174.18 187.89 77.35 168.69 16.83 Dec 174.88 188.66 77.03 169.87 16.82 ================================================================================ WASDE - 560 - 11 December 2016 U.S. Wheat Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Acres Area Planted 56.8 55.0 50.2 50.2 Area Harvested 46.4 47.3 43.9 43.9 Bushels Yield per Harvested Acre 43.7 43.6 52.6 52.6 Million Bushels Beginning Stocks 590 752 976 976 Production 2026 2062 2310 2310 Imports 151 113 125 125 Supply, Total 2768 2927 3410 3410 Food 958 957 963 963 Seed 79 67 69 69 Feed and Residual 114 152 260 260 Domestic, Total 1151 1176 1292 1292 Exports 864 775 975 975 Use, Total 2015 1952 2267 2267 Ending Stocks 752 976 1143 1143 Avg.FarmPrice ($/bu) 2/ 5.99 4.89 3.50-3.90 3.60-3.80 ================================================================================ U.S. Wheat by Class: Supply and Use ================================================================================ Year begining Hard Red Hard Red Soft Red June 1 Winter Spring Winter White Durum Total ================================================================================ Million Bushels 2015/16 (Est.) Beginning Stocks 294 212 154 67 26 752 Production 830 568 359 221 84 2062 Supply, Total 3/ 1130 828 531 294 143 2927 Domestic Use 458 304 255 73 86 1176 Exports 226 252 120 147 29 775 Use, Total 685 556 375 220 116 1952 Ending Stocks, Total 446 272 157 74 28 976 2016/17 (Proj.) Beginning Stocks 446 272 157 74 28 976 Production 1082 493 345 286 104 2310 Supply, Total 3/ 1534 805 538 367 166 3410 Domestic Use 556 302 249 102 83 1292 Exports 395 295 90 170 25 975 Use, Total 951 597 339 272 108 2267 Ending Stocks, Total Dec 583 208 199 95 58 1143 Nov 588 210 195 95 55 1143 ================================================================================ WASDE - 560 - 12 December 2016 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Acres FEED GRAINS Area Planted 103.5 103.2 107.1 107.1 Area Harvested 93.1 93.0 96.4 96.4 Metric Tons Yield per Harvested Acre 4.05 3.94 4.19 4.19 Million Metric Tons Beginning Stocks 34.3 46.9 48.1 48.1 Production 377.1 366.7 403.8 403.8 Imports 3.2 3.7 3.3 3.2 Supply, Total 414.6 417.3 455.2 455.1 Feed and Residual 138.5 135.6 148.6 148.6 Food, Seed & Industrial 172.5 176.6 178.6 178.7 Domestic, Total 310.9 312.1 327.2 327.3 Exports 56.7 57.1 63.1 63.1 Use, Total 367.6 369.2 390.3 390.4 Ending Stocks 46.9 48.1 64.9 64.8 Million Acres CORN Area Planted 90.6 88.0 94.5 94.5 Area Harvested 83.1 80.7 86.8 86.8 Bushels Yield per Harvested Acre 171.0 168.4 175.3 175.3 Million Bushels Beginning Stocks 1232 1731 1738 1738 Production 14216 13601 15226 15226 Imports 32 67 50 50 Supply, Total 15479 15400 17013 17013 Feed and Residual 5280 5130 5650 5650 Food,Seed& Industrial 2/ 6601 6635 6735 6735 Ethanol & by-products 3/ 5200 5206 5300 5300 Domestic, Total 11881 11764 12385 12385 Exports 1867 1898 2225 2225 Use, Total 13748 13662 14610 14610 Ending Stocks 1731 1738 2403 2403 Avg.FarmPrice ($/bu) 4/ 3.70 3.61 3.00-3.60 3.05-3.65 ================================================================================ WASDE - 560 - 13 December 2016 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 7.1 8.5 6.8 6.8 AreaHarvested(mil.acres) 6.4 7.9 6.0 6.0 Yield (bushels/acre) 67.6 76.0 76.5 76.5 Beginning Stocks 34 18 37 37 Production 433 597 462 462 Imports 0 5 1 1 Supply, Total 467 620 500 500 Feed and Residual 82 103 90 90 Food, Seed & Industrial 15 142 120 125 Total Domestic 97 245 210 215 Exports 352 339 250 250 Use, Total 449 583 460 465 Ending Stocks 18 37 40 35 Avg.FarmPrice ($/bu) 2/ 4.03 3.31 2.80-3.40 2.80-3.30 BARLEY AreaPlanted (mil. acres) 3.0 3.6 3.1 3.1 AreaHarvested(mil.acres) 2.5 3.2 2.6 2.6 Yield (bushels/acre) 72.7 69.1 77.9 77.9 Beginning Stocks 82 79 102 102 Production 182 218 199 199 Imports 24 19 20 18 Supply, Total 287 315 321 319 Feed and Residual 43 50 60 60 Food, Seed & Industrial 151 153 153 153 Total Domestic 194 202 213 213 Exports 14 11 10 8 Use, Total 209 213 223 221 Ending Stocks 79 102 98 98 Avg.FarmPrice ($/bu) 2/ 5.30 5.52 4.55-5.15 4.55-5.15 OATS AreaPlanted (mil. acres) 2.8 3.1 2.8 2.8 AreaHarvested(mil.acres) 1.0 1.3 1.0 1.0 Yield (bushels/acre) 67.9 70.2 66.0 66.0 Beginning Stocks 25 54 57 57 Production 70 90 65 65 Imports 109 86 90 90 Supply, Total 204 229 212 212 Feed and Residual 71 93 85 85 Food, Seed & Industrial 77 77 78 78 Total Domestic 148 170 163 163 Exports 2 2 2 2 Use, Total 150 172 165 165 Ending Stocks 54 57 47 47 Avg.FarmPrice ($/bu) 2/ 3.21 2.12 1.70-2.00 1.75-2.05 ================================================================================ WASDE - 560 - 14 December 2016 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Acres TOTAL Area Planted 2.95 2.61 3.18 3.18 Area Harvested 2.93 2.58 3.13 3.13 Pounds Yield per Harvested Acre 7576 7470 7493 7493 Million Hundredweight Beginning Stocks 2/ 31.8 48.5 46.5 46.5 Production 222.2 192.3 234.8 234.8 Imports 24.6 24.1 23.5 23.5 Supply, Total 278.7 265.0 304.7 304.7 Domestic & Residual 3/ 134.4 110.8 133.0 133.0 Exports, Total 4/ 95.7 107.7 112.0 112.0 Rough 31.8 38.2 41.0 42.0 Milled (rough equiv.) 63.9 69.6 71.0 70.0 Use, Total 230.2 218.5 245.0 245.0 Ending Stocks 48.5 46.5 59.7 59.7 Avg.MillingYield (%) 5/ 70.50 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 13.40 12.10 10.10-11.10 9.90-10.90 LONG GRAIN Harvested Acres (mil.) 2.20 1.84 Yield (pounds/acre) 7407 7218 Beginning Stocks 16.2 26.5 22.7 22.7 Production 162.7 133.0 176.1 176.1 Supply, Total 7/ 200.6 180.4 219.3 219.3 Domestic & Residual 3/ 106.2 81.1 103.0 103.0 Exports 8/ 68.0 76.5 79.0 79.0 Use, Total 174.2 157.7 182.0 182.0 Ending Stocks 26.5 22.7 37.3 37.3 Avg.FarmPrice($/cwt) 6/ 11.90 11.10 9.20-10.20 9.20-10.20 MEDIUM & SHORT GRAIN Harvested Acres (mil.) 0.74 0.73 Yield (pounds/acre) 8080 8103 Beginning Stocks 13.3 20.2 20.9 20.9 Production 59.6 59.3 58.7 58.7 Supply, Total 7/ 76.1 81.8 82.6 82.6 Domestic & Residual 3/ 28.3 29.6 30.0 30.0 Exports 8/ 27.7 31.2 33.0 33.0 Use, Total 56.0 60.9 63.0 63.0 Ending Stocks 20.2 20.9 19.6 19.6 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 18.30 15.30 12.90-13.90 11.90-12.90 California 10/ 21.60 18.30 14.50-15.50 13.00-14.00 Other States 1/ 14.40 11.20 9.20-10.20 9.20-10.20 ================================================================================ WASDE - 560 - 15 December 2016 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Acres SOYBEANS Area Planted 83.3 82.7 83.7 83.7 Area Harvested 82.6 81.7 83.0 83.0 Bushels Yield per Harvested Acre 47.5 48.0 52.5 52.5 Million Bushels Beginning Stocks 92 191 197 197 Production 3927 3926 4361 4361 Imports 33 24 30 30 Supply, Total 4052 4140 4588 4588 Crushings 1873 1886 1930 1930 Exports 1842 1936 2050 2050 Seed 96 97 95 95 Residual 50 24 32 32 Use, Total 3862 3943 4108 4108 Ending Stocks 191 197 480 480 Avg.FarmPrice ($/bu) 2/ 10.10 8.95 8.45-9.95 8.70-10.20 Million Pounds SOYBEAN OIL Beginning Stocks 1165 1855 1718 1687 Production 4/ 21399 21950 22290 22290 Imports 264 288 250 275 Supply, Total 22828 24093 24258 24252 Domestic Disappearance 18959 20166 20450 20550 Biodiesel 3/ 5039 5670 5950 6200 Food, Feed & other Industrial 13920 14496 14500 14350 Exports 2014 2240 2150 2150 Use, Total 20973 22406 22600 22700 Ending stocks 1855 1687 1658 1552 Avg. Price (c/lb) 2/ 31.60 29.86 32.50-35.50 34.50-37.50 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 250 260 264 264 Production 4/ 45062 44672 45811 45611 Imports 333 403 325 325 Supply, Total 45645 45335 46400 46200 Domestic Disappearance 32277 33108 34100 34100 Exports 13108 11963 12000 11800 Use, Total 45384 45071 46100 45900 Ending Stocks 260 264 300 300 Avg. Price ($/s.t.) 2/ 368.49 324.56 305.00-345.00 305.00-345.00 ================================================================================ WASDE - 560 - 16 December 2016 U.S. Sugar Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1810 1815 2055 2054 Production 2/ 8656 8989 9331 9342 Beet Sugar 4893 5119 5371 5371 Cane Sugar 3763 3870 3960 3971 Florida 1981 2173 2142 2142 Hawaii 146 152 40 46 Louisiana 1513 1428 1644 1644 Texas 123 116 135 140 Imports 3553 3341 2691 2696 TRQ 3/ 1536 1620 1533 1533 Other Program 4/ 471 396 125 175 Other 5/ 1546 1325 1033 987 Mexico 1532 1309 1018 972 Total Supply 14019 14145 14077 14092 Exports 185 74 25 25 Deliveries 12019 12051 12155 12155 Food 6/ 11888 11881 12000 12000 Other 7/ 131 170 155 155 Miscellaneous 0 -33 0 0 Total Use 12204 12091 12180 12180 Ending Stocks 1815 2054 1897 1912 Stocks to Use Ratio 14.9 17.0 15.6 15.7 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Imports 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Raw Value Sugar 2015/16 Est. Nov 811 6117 70 4754 1207 1037 Dec 811 6117 70 4754 1207 1037 2016/17 Proj. Nov 1037 6300 10 4784 1325 1238 Dec 1037 6371 10 4719 1470 1229 ================================================================================ WASDE - 560 - 17 December 2016 U.S. Cotton Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Nov Dec ================================================================================ Million Acres Planted 11.04 8.58 10.15 10.15 Harvested 9.35 8.07 9.66 9.66 Pounds Yield per Harvested Acre 838 766 803 821 Million 480 Pound Bales Beginning Stocks 2.35 3.65 3.80 3.80 Production 16.32 12.89 16.16 16.52 Imports 0.01 0.03 0.01 0.01 Supply, Total 18.68 16.57 19.97 20.33 Domestic Use 3.58 3.45 3.50 3.30 Exports, Total 11.25 9.15 12.00 12.20 Use, Total 14.82 12.60 15.50 15.50 Unaccounted 2/ 0.21 0.17 -0.03 0.03 Ending Stocks 3.65 3.80 4.50 4.80 Avg. Farm Price 3/ 61.3 61.2 63.00-71.00 64.00-70.00 ================================================================================ WASDE - 560 - 18 December 2016 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2014/15 World 3/ 194.69 728.26 159.11 131.80 705.74 164.42 217.20 United States 16.07 55.15 4.12 3.09 31.33 23.52 20.48 Total Foreign 178.62 673.11 154.99 128.71 674.41 140.90 196.73 Major Exporters 4/ 27.39 224.18 6.66 62.87 147.32 81.47 29.44 Argentina 2.49 13.93 0.04 0.30 6.35 5.30 4.80 Australia 4.56 23.91 0.16 3.80 7.20 16.59 4.84 Canada 10.41 29.42 0.49 3.77 9.10 24.16 7.05 European Union 5/ 9.94 156.92 5.98 55.00 124.68 35.42 12.74 Major Importers 6/ 100.66 197.40 84.96 29.88 262.34 7.64 113.05 Brazil 1.89 6.00 5.37 0.30 10.70 1.69 0.87 China 65.27 126.21 1.93 16.00 116.50 0.80 76.11 Sel. Mideast 7/ 12.37 17.66 21.27 4.45 36.15 1.52 13.64 N. Africa 8/ 14.03 17.01 25.43 2.48 42.73 0.61 13.14 Pakistan 2.19 25.98 0.75 1.00 24.50 0.70 3.72 Southeast Asia 9/ 3.43 0.00 19.85 4.76 18.52 0.95 3.82 Selected Other India 17.83 95.85 0.05 4.50 93.10 3.41 17.22 FSU-12 15.64 112.74 7.68 24.65 75.36 40.21 20.49 Russia 5.18 59.08 0.33 13.00 35.50 22.80 6.29 Kazakhstan 1.99 13.00 0.60 2.00 6.80 5.54 3.25 Ukraine 3.67 24.75 0.03 4.00 11.50 11.27 5.68 2015/16 Est. World 3/ 217.20 735.49 169.94 138.44 712.05 172.49 240.65 United States 20.48 56.12 3.07 4.13 32.02 21.09 26.55 Total Foreign 196.73 679.38 166.86 134.31 680.03 151.40 214.09 Major Exporters 4/ 29.44 223.41 7.56 67.63 151.94 82.34 26.12 Argentina 4.80 11.30 0.01 0.20 5.90 9.40 0.81 Australia 4.84 24.50 0.15 3.80 7.23 16.12 6.14 Canada 7.05 27.59 0.49 2.63 7.83 22.13 5.17 European Union 5/ 12.74 160.01 6.92 61.00 130.98 34.68 14.01 Major Importers 6/ 113.05 204.29 92.22 27.61 263.57 6.45 139.54 Brazil 0.87 5.54 6.75 0.50 10.50 1.06 1.60 China 76.11 130.19 3.48 10.50 112.00 0.73 97.04 Sel. Mideast 7/ 13.64 18.80 19.14 4.60 37.30 0.55 13.72 N. Africa 8/ 13.14 19.91 27.78 2.28 43.65 0.72 16.47 Pakistan 3.72 25.10 0.01 0.80 24.40 0.60 3.83 Southeast Asia 9/ 3.82 0.00 24.55 8.04 22.33 0.97 5.08 Selected Other India 17.22 86.53 0.47 4.20 88.55 1.13 14.54 FSU-12 20.49 118.24 7.37 26.90 78.21 51.48 16.41 Russia 6.29 61.04 0.82 14.00 37.00 25.54 5.60 Kazakhstan 3.25 13.75 0.07 2.10 6.90 7.60 2.56 Ukraine 5.68 27.27 0.03 5.20 12.30 17.43 3.25 ================================================================================ WASDE - 560 - 19 December 2016 World Wheat Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2016/17 Proj. World 3/ Nov 241.03 744.72 169.94 146.89 736.52 174.23 249.23 Dec 240.65 751.26 171.54 148.09 739.77 176.83 252.14 United States Nov 26.55 62.86 3.40 7.08 35.16 26.54 31.12 Dec 26.55 62.86 3.40 7.08 35.16 26.54 31.12 Total Foreign Nov 214.48 681.86 166.54 139.81 701.36 147.70 218.12 Dec 214.09 688.40 168.14 141.01 704.61 150.30 221.02 Major Exporters 4/ Nov 26.42 217.77 7.14 66.60 152.16 75.00 24.18 Dec 26.12 223.07 7.14 67.80 153.36 78.50 24.48 Argentina Nov 1.11 14.40 0.01 0.10 6.30 8.00 1.21 Dec 0.81 14.40 0.01 0.10 6.30 8.00 0.91 Australia Nov 6.14 28.30 0.15 4.00 7.46 20.50 6.63 Dec 6.14 33.00 0.15 4.50 7.96 24.00 7.33 Canada Nov 5.17 31.50 0.49 4.50 9.70 21.50 5.95 Dec 5.17 31.70 0.49 4.70 9.90 21.50 5.95 European Union 5/ Nov 14.01 143.57 6.50 58.00 128.70 25.00 10.38 Dec 14.01 143.97 6.50 58.50 129.20 25.00 10.28 Major Importers 6/ Nov 139.64 197.91 87.38 31.67 271.24 7.34 146.35 Dec 139.54 199.05 88.48 31.67 271.99 7.44 147.64 Brazil Nov 1.60 6.34 6.20 0.50 10.80 1.50 1.84 Dec 1.60 6.70 6.50 0.70 11.30 1.60 1.90 China Nov 97.04 128.00 3.50 15.00 117.00 0.80 110.74 Dec 97.04 128.85 3.50 15.00 117.00 0.80 111.59 Sel. Mideast 7/ Nov 13.82 19.41 17.36 4.61 38.29 0.55 11.75 Dec 13.72 19.41 17.36 4.61 38.39 0.55 11.55 N. Africa 8/ Nov 16.47 14.13 28.10 2.28 44.88 0.84 12.98 Dec 16.47 14.13 28.10 2.28 44.88 0.84 12.98 Pakistan Nov 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Dec 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Southeast Asia 9/ Nov 5.08 0.00 21.80 7.49 22.21 0.99 3.69 Dec 5.08 0.00 22.60 7.29 22.36 0.99 4.34 India Nov 14.54 90.00 3.00 4.50 96.14 0.40 11.00 Dec 14.54 90.00 3.00 4.50 96.14 0.40 11.00 FSU-12 Nov 16.41 131.43 7.52 28.30 79.92 54.64 20.80 Dec 16.41 131.43 7.52 28.30 79.92 53.64 21.80 Russia Nov 5.60 72.00 0.50 16.00 39.00 30.00 9.10 Dec 5.60 72.00 0.50 16.00 39.00 29.00 10.10 Kazakhstan Nov 2.56 16.50 0.06 2.20 7.00 8.50 3.62 Dec 2.56 16.50 0.06 2.20 7.00 8.50 3.62 Ukraine Nov 3.25 27.00 0.03 4.70 11.80 15.50 2.97 Dec 3.25 27.00 0.03 4.70 11.80 15.50 2.97 ================================================================================ WASDE - 560 - 20 December 2016 World Coarse Grain Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2014/15 World 3/ 211.05 1306.12 170.13 751.60 1271.77 186.14 245.39 United States 34.31 377.23 3.44 138.62 311.34 56.70 46.95 Total Foreign 176.73 928.88 166.69 612.98 960.43 129.44 198.45 Major Exporters 4/ 25.53 169.11 4.70 82.70 112.73 67.56 19.04 Argentina 3.17 35.73 0.00 9.07 14.23 21.45 3.22 Australia 1.03 12.61 0.00 3.26 4.94 7.17 1.53 Brazil 14.26 87.67 0.82 50.25 60.02 34.51 8.21 Canada 4.65 21.99 1.71 13.87 21.30 3.72 3.33 Major Importers 5/ 43.82 257.82 109.97 264.53 346.46 15.95 49.21 European Union 6/ 15.57 170.85 9.24 121.38 162.56 13.99 19.11 Japan 1.74 0.17 16.73 12.94 16.90 0.00 1.74 Mexico 3.49 32.69 11.62 24.50 42.18 0.79 4.83 N. Afr & Mideast 7/ 13.42 26.74 34.07 51.65 59.61 0.09 14.54 Saudi Arabia 3.72 0.29 11.26 11.43 11.91 0.00 3.36 Southeast Asia 8/ 3.62 26.77 12.87 30.69 38.70 1.07 3.50 South Korea 1.87 0.24 10.25 8.08 10.47 0.00 1.89 Selected Other China 82.66 222.75 25.70 158.80 229.06 0.02 102.03 FSU-12 7.03 91.60 0.82 42.11 58.15 33.87 7.44 Russia 1.77 40.39 0.09 20.88 31.14 8.67 2.43 Ukraine 3.64 39.39 0.03 11.82 15.43 24.33 3.29 2015/16 Est. World 3/ 245.39 1249.65 180.53 762.87 1250.24 164.77 244.80 United States 46.95 366.99 3.93 135.85 312.67 57.07 48.13 Total Foreign 198.45 882.66 176.60 627.02 937.58 107.70 196.67 Major Exporters 4/ 19.04 153.49 7.19 82.19 111.85 52.75 15.11 Argentina 3.22 37.94 0.01 9.36 14.42 24.11 2.64 Australia 1.53 12.44 0.00 4.19 5.87 6.70 1.40 Brazil 8.21 69.13 2.81 48.64 57.99 16.54 5.62 Canada 3.33 25.62 1.18 14.22 21.67 4.60 3.87 Major Importers 5/ 49.21 246.46 124.07 272.29 354.62 15.51 49.61 European Union 6/ 19.11 151.81 14.24 116.57 157.49 13.11 14.55 Japan 1.74 0.18 17.06 13.29 17.26 0.00 1.72 Mexico 4.83 32.19 14.95 26.62 44.42 1.35 6.21 N. Afr & Mideast 7/ 14.54 33.75 32.84 56.87 65.22 0.11 15.81 Saudi Arabia 3.36 0.17 14.79 13.55 13.95 0.00 4.38 Southeast Asia 8/ 3.50 28.09 15.20 33.36 41.47 0.93 4.40 South Korea 1.89 0.19 10.19 7.83 10.32 0.00 1.95 Selected Other China 102.03 231.83 17.50 166.95 239.00 0.03 112.34 FSU-12 7.44 82.12 0.53 39.54 54.62 31.24 4.24 Russia 2.43 37.43 0.11 20.25 29.64 9.00 1.33 Ukraine 3.29 33.39 0.05 10.34 13.87 21.19 1.67 ================================================================================ WASDE - 560 - 21 December 2016 World Coarse Grain Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2016/17 Proj. World 3/ Nov 245.33 1319.65 171.22 790.63 1314.50 182.23 250.47 Dec 244.80 1329.35 172.73 792.62 1319.22 185.20 254.94 United States Nov 48.13 404.11 3.51 148.89 327.73 63.12 64.90 Dec 48.13 404.11 3.47 148.89 327.86 63.08 64.77 Total Foreign Nov 197.20 915.54 167.70 641.73 986.78 119.11 185.57 Dec 196.67 925.25 169.26 643.73 991.36 122.13 190.16 Major Exporters 4/ Nov 15.36 182.52 3.30 85.72 116.64 66.99 17.55 Dec 15.11 186.62 2.88 86.07 117.00 69.19 18.42 Argentina Nov 2.64 44.14 0.01 9.98 15.54 28.11 3.14 Dec 2.64 44.02 0.01 9.97 15.53 27.91 3.23 Australia Nov 1.60 14.26 0.00 4.27 5.94 7.98 1.94 Dec 1.40 14.48 0.00 4.39 6.06 7.78 2.04 Brazil Nov 5.62 86.02 1.05 51.07 60.92 25.53 6.23 Dec 5.62 89.02 1.05 51.07 60.92 28.03 6.73 Canada Nov 3.93 24.57 1.59 14.70 22.26 3.85 3.98 Dec 3.87 25.63 1.09 14.94 22.50 3.95 4.15 Major Importers 5/ Nov 49.51 239.68 121.96 277.49 359.41 10.16 41.58 Dec 49.61 240.71 123.81 279.34 361.36 10.26 42.51 European Union 6/ Nov 14.56 151.96 14.08 119.66 160.48 8.26 11.87 Dec 14.55 152.39 13.68 119.47 160.39 8.36 11.89 Japan Nov 1.73 0.17 16.87 13.19 17.18 0.00 1.59 Dec 1.72 0.17 16.87 13.19 17.18 0.00 1.58 Mexico Nov 6.53 31.83 14.78 27.92 45.82 0.80 6.52 Dec 6.21 31.83 14.78 27.92 45.82 0.80 6.19 N. Afr & Mideast 7/ Nov 15.98 27.52 34.22 57.01 65.05 0.17 12.50 Dec 15.81 27.52 35.17 57.40 65.44 0.17 12.88 Saudi Arabia Nov 4.19 0.17 14.21 14.23 14.63 0.00 3.94 Dec 4.38 0.17 14.21 14.23 14.63 0.00 4.13 Southeast Asia 8/ Nov 4.02 27.76 13.62 33.71 41.72 0.94 2.74 Dec 4.40 28.36 14.52 35.01 43.02 0.94 3.32 South Korea Nov 1.95 0.20 9.89 7.64 10.12 0.00 1.92 Dec 1.95 0.20 9.89 7.64 10.11 0.00 1.92 China Nov 112.34 223.70 13.70 170.00 245.15 0.03 104.56 Dec 112.34 227.35 13.20 169.60 245.75 0.03 107.11 FSU-12 Nov 4.44 90.43 0.66 41.30 56.76 33.15 5.62 Dec 4.24 91.43 0.66 41.30 56.76 33.75 5.81 Russia Nov 1.43 40.00 0.11 21.20 30.85 8.76 1.92 Dec 1.33 41.00 0.11 21.20 30.85 9.36 2.23 Ukraine Nov 1.77 38.10 0.06 10.73 14.30 23.21 2.42 Dec 1.67 38.10 0.06 10.73 14.30 23.21 2.32 ================================================================================ WASDE - 560 - 22 December 2016 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2014/15 World 3/ 174.77 1014.01 125.17 584.32 980.52 142.20 208.26 United States 31.29 361.09 0.80 134.11 301.79 47.42 43.97 Total Foreign 143.48 652.92 124.36 450.21 678.73 94.78 164.29 Major Exporters 4/ 17.58 124.33 2.30 60.15 77.95 54.12 12.14 Argentina 1.41 28.70 0.00 6.00 9.30 18.96 1.85 Brazil 13.97 85.00 0.33 48.00 57.00 34.46 7.84 South Africa 2.20 10.63 1.96 6.15 11.65 0.69 2.45 Major Importers 5/ 19.04 134.14 69.56 142.24 193.81 5.88 23.06 Egypt 2.40 5.96 7.84 11.50 13.90 0.00 2.30 European Union 6/ 6.89 75.84 8.91 59.50 77.88 4.03 9.73 Japan 1.29 0.00 14.66 11.00 14.60 0.00 1.35 Mexico 2.60 25.48 11.34 17.80 34.55 0.78 4.09 Southeast Asia 7/ 3.61 26.72 12.83 30.60 38.60 1.07 3.49 South Korea 1.86 0.08 10.17 8.04 10.25 0.00 1.86 Selected Other 0.00 Canada 1.60 11.49 1.56 7.43 12.82 0.42 1.40 China 81.32 215.65 5.52 140.00 202.00 0.01 100.47 FSU-12 3.37 43.80 0.51 18.76 21.48 23.18 3.02 Ukraine 2.40 28.45 0.03 8.00 9.40 19.66 1.82 2015/16 Est. World 3/ 208.26 961.08 138.85 597.32 960.40 121.22 208.95 United States 43.97 345.49 1.71 130.30 298.83 48.20 44.14 Total Foreign 164.29 615.60 137.13 467.01 661.57 73.02 164.81 Major Exporters 4/ 12.14 103.90 5.31 58.50 75.80 37.80 7.74 Argentina 1.85 29.00 0.01 6.00 9.30 20.50 1.05 Brazil 7.84 67.00 2.30 46.80 55.30 16.50 5.34 South Africa 2.45 7.90 3.00 5.70 11.20 0.80 1.35 Major Importers 5/ 23.06 118.47 81.72 144.60 196.25 4.24 22.76 Egypt 2.30 6.00 8.78 12.45 14.85 0.01 2.21 European Union 6/ 9.73 58.48 13.77 55.00 73.20 1.95 6.83 Japan 1.35 0.00 15.19 11.60 15.20 0.00 1.34 Mexico 4.09 25.80 14.01 20.30 37.10 1.35 5.45 Southeast Asia 7/ 3.49 28.04 15.19 33.30 41.40 0.93 4.39 South Korea 1.86 0.08 10.12 7.80 10.12 0.00 1.94 Selected Other 0.00 Canada 1.40 13.56 1.01 7.39 12.79 1.74 1.45 China 100.47 224.63 3.17 153.50 217.50 0.00 110.77 FSU-12 3.02 39.85 0.38 17.79 20.40 21.42 1.43 Ukraine 1.82 23.33 0.03 6.70 8.00 16.60 0.59 ================================================================================ WASDE - 560 - 23 December 2016 World Corn Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2016/17 Proj. World 3/ Nov 209.40 1030.53 134.09 624.85 1021.74 144.23 218.19 Dec 208.95 1039.73 135.99 626.89 1026.43 147.68 222.25 United States Nov 44.14 386.75 1.27 143.52 314.59 56.52 61.05 Dec 44.14 386.75 1.27 143.52 314.59 56.52 61.05 Total Foreign Nov 165.26 643.78 132.82 481.34 707.14 87.71 157.14 Dec 164.81 652.98 134.72 483.38 711.83 91.16 161.20 Major Exporters 4/ Nov 7.74 133.00 1.11 61.40 79.80 52.00 10.05 Dec 7.74 136.00 1.11 61.40 79.80 54.50 10.55 Argentina Nov 1.05 36.50 0.01 6.80 10.50 25.00 2.06 Dec 1.05 36.50 0.01 6.80 10.50 25.00 2.06 Brazil Nov 5.34 83.50 0.60 49.00 58.00 25.50 5.94 Dec 5.34 86.50 0.60 49.00 58.00 28.00 6.44 South Africa Nov 1.35 13.00 0.50 5.60 11.30 1.50 2.05 Dec 1.35 13.00 0.50 5.60 11.30 1.50 2.05 Major Importers 5/ Nov 22.64 118.64 78.65 145.90 197.33 3.44 19.16 Dec 22.76 119.67 79.80 147.40 198.93 3.54 19.76 Egypt Nov 2.14 6.00 8.75 12.65 15.05 0.01 1.83 Dec 2.21 6.00 9.00 12.70 15.10 0.01 2.10 European Union 6/ Nov 6.84 60.28 13.50 55.80 73.80 1.70 5.12 Dec 6.83 60.70 13.10 55.60 73.70 1.80 5.14 Japan Nov 1.35 0.00 15.00 11.50 15.10 0.00 1.25 Dec 1.34 0.00 15.00 11.50 15.10 0.00 1.24 Mexico Nov 5.82 24.50 13.80 20.60 37.50 0.80 5.82 Dec 5.45 24.50 13.80 20.60 37.50 0.80 5.45 Southeast Asia 7/ Nov 4.01 27.71 13.60 33.65 41.65 0.93 2.74 Dec 4.39 28.31 14.50 34.95 42.95 0.93 3.32 South Korea Nov 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Dec 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Canada Nov 1.49 12.50 1.50 7.80 13.30 0.70 1.49 Dec 1.45 13.20 1.00 7.80 13.30 0.80 1.55 China Nov 110.77 216.00 3.00 159.00 226.00 0.02 103.75 Dec 110.77 219.55 3.00 159.00 227.00 0.02 106.31 FSU-12 Nov 1.63 45.56 0.42 19.09 21.87 23.10 2.65 Dec 1.43 46.56 0.42 19.09 21.87 23.70 2.85 Ukraine Nov 0.68 27.00 0.05 6.90 8.30 18.00 1.43 Dec 0.59 27.00 0.05 6.90 8.30 18.00 1.34 ================================================================================ WASDE - 560 - 24 December 2016 World Rice Supply and Use (Milled Basis) 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2014/15 World 3/ 113.87 478.56 41.14 477.91 43.58 114.52 United States 1.03 7.11 0.78 4.30 3.06 1.55 Total Foreign 112.85 471.46 40.35 473.61 40.52 112.97 Major Exporters 4/ 36.78 159.30 0.73 133.34 32.42 31.04 India 22.80 105.48 0.00 98.24 12.24 17.80 Pakistan 0.68 6.90 0.03 2.60 3.80 1.21 Thailand 12.00 18.75 0.30 10.50 9.78 10.77 Vietnam 1.30 28.17 0.40 22.00 6.61 1.26 Major Importers 5/ 11.47 64.06 13.59 77.15 1.23 10.74 Brazil 0.64 8.47 0.39 7.93 0.93 0.64 European Union 6/ 1.16 1.96 1.71 3.35 0.27 1.21 Indonesia 5.50 35.56 1.35 38.30 0.00 4.11 Nigeria 0.96 2.84 2.60 5.40 0.00 0.99 Philippines 1.70 11.92 1.80 13.20 0.00 2.21 Sel. Mideast 7/ 1.31 1.98 4.11 6.14 0.00 1.26 Selected Other 0.00 Burma 0.37 12.60 0.01 10.50 1.74 0.75 C. Amer & Carib 8/ 0.47 1.69 1.56 3.25 0.01 0.46 China 53.10 144.56 4.70 144.50 0.43 57.44 Egypt 0.61 4.53 0.03 4.00 0.25 0.92 Japan 3.01 7.85 0.64 8.60 0.07 2.82 Mexico 0.16 0.18 0.71 0.88 0.00 0.17 South Korea 0.90 4.24 0.47 4.20 0.00 1.41 2015/16 Est. World 3/ 114.52 472.27 37.91 470.32 39.62 116.47 United States 1.55 6.11 0.77 3.53 3.42 1.48 Total Foreign 112.97 466.16 37.15 466.79 36.20 115.00 Major Exporters 4/ 31.04 154.28 0.61 128.08 29.04 28.81 India 17.80 104.32 0.00 93.48 10.24 18.40 Pakistan 1.21 6.70 0.01 2.80 4.20 0.92 Thailand 10.77 15.80 0.30 9.80 9.20 7.87 Vietnam 1.26 27.46 0.30 22.00 5.40 1.62 Major Importers 5/ 10.74 63.25 12.49 76.44 0.95 9.10 Brazil 0.64 7.21 0.80 7.80 0.60 0.25 European Union 6/ 1.21 2.06 1.80 3.50 0.27 1.29 Indonesia 4.11 36.20 1.10 37.90 0.00 3.51 Nigeria 0.99 2.71 2.10 5.20 0.00 0.60 Philippines 2.21 11.35 1.60 13.10 0.00 2.06 Sel. Mideast 7/ 1.26 1.89 3.50 5.80 0.00 0.86 Selected Other 0.00 Burma 0.75 12.20 0.04 10.80 1.10 1.09 C. Amer & Carib 8/ 0.46 1.62 1.91 3.45 0.02 0.52 China 57.44 145.77 4.80 144.00 0.27 63.74 Egypt 0.92 4.00 0.10 3.90 0.20 0.92 Japan 2.82 7.67 0.70 8.50 0.08 2.61 Mexico 0.17 0.15 0.68 0.89 0.00 0.11 South Korea 1.41 4.33 0.34 4.37 0.00 1.70 ================================================================================ WASDE - 560 - 25 December 2016 World Rice Supply and Use (Milled Basis) 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2016/17 Proj. World 3/ Nov 116.31 483.80 38.50 478.38 40.99 121.72 Dec 116.47 481.51 38.75 477.77 40.71 120.21 United States Nov 1.48 7.45 0.75 4.22 3.56 1.90 Dec 1.48 7.45 0.75 4.22 3.56 1.90 Total Foreign Nov 114.84 476.34 37.75 474.16 37.44 119.83 Dec 115.00 474.05 38.00 473.55 37.16 118.31 Major Exporters 4/ Nov 28.81 159.80 0.56 132.60 29.50 27.07 Dec 28.81 159.80 0.56 132.60 29.50 27.07 India Nov 18.40 106.50 0.00 97.00 10.00 17.90 Dec 18.40 106.50 0.00 97.00 10.00 17.90 Pakistan Nov 0.92 6.90 0.01 2.80 4.20 0.83 Dec 0.92 6.90 0.01 2.80 4.20 0.83 Thailand Nov 7.87 18.60 0.25 10.60 9.50 6.62 Dec 7.87 18.60 0.25 10.60 9.50 6.62 Vietnam Nov 1.62 27.80 0.30 22.20 5.80 1.72 Dec 1.62 27.80 0.30 22.20 5.80 1.72 Major Importers 5/ Nov 8.99 65.36 12.10 76.80 1.08 8.58 Dec 9.10 64.82 12.30 76.65 1.01 8.57 Brazil Nov 0.25 8.03 0.65 7.90 0.65 0.38 Dec 0.25 8.03 0.65 7.90 0.65 0.38 European Union 6/ Nov 1.29 2.03 1.80 3.55 0.28 1.29 Dec 1.29 2.03 1.80 3.55 0.28 1.29 Indonesia Nov 3.51 36.60 1.25 37.70 0.00 3.66 Dec 3.51 36.60 1.25 37.70 0.00 3.66 Nigeria Nov 0.60 2.70 2.00 5.00 0.00 0.30 Dec 0.60 2.70 2.00 5.00 0.00 0.30 Philippines Nov 1.96 12.00 1.20 13.30 0.00 1.86 Dec 2.06 11.50 1.30 13.10 0.00 1.76 Sel. Mideast 7/ Nov 0.88 2.06 3.65 5.90 0.00 0.69 Dec 0.86 2.02 3.65 5.85 0.00 0.68 Burma Nov 1.09 12.50 0.00 10.90 1.50 1.19 Dec 1.09 12.50 0.00 11.00 1.40 1.19 C. Amer & Carib 8/ Nov 0.53 1.70 1.79 3.53 0.02 0.46 Dec 0.52 1.70 1.79 3.53 0.02 0.45 China Nov 63.74 146.50 5.00 144.00 0.30 70.94 Dec 63.74 144.85 5.00 144.00 0.28 69.31 Egypt Nov 0.92 4.55 0.30 4.00 0.30 1.48 Dec 0.92 4.55 0.30 4.00 0.30 1.48 Japan Nov 2.61 7.79 0.70 8.50 0.09 2.52 Dec 2.61 7.79 0.70 8.50 0.09 2.52 Mexico Nov 0.11 0.17 0.75 0.89 0.00 0.14 Dec 0.11 0.17 0.75 0.89 0.00 0.14 South Korea Nov 1.70 4.20 0.41 4.48 0.00 1.82 Dec 1.70 4.20 0.41 4.48 0.00 1.82 ================================================================================ WASDE - 560 - 26 December 2016 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2014/15 World 103.31 119.19 36.07 111.42 35.31 0.16 111.67 United States 2.35 16.32 0.01 3.58 11.25 0.21 3.65 Total Foreign 100.96 102.87 36.05 107.85 24.07 -0.05 108.02 Major Exporters 4/ 28.43 52.72 1.74 32.33 20.52 -0.23 30.27 Central Asia 5/ 3.76 6.29 3/ 2.38 4.67 0.00 3.00 Afr. Fr. Zone 6/ 1.46 5.09 3/ 0.14 4.21 0.00 2.20 S. Hemis 7/ 11.40 11.02 0.18 4.45 7.08 -0.24 11.30 Australia 1.81 2.30 3/ 0.04 2.40 -0.10 1.77 Brazil 7.67 7.00 0.02 3.40 3.91 -0.15 7.53 India 11.46 29.50 1.23 24.50 4.20 0.00 13.49 Major Importers 8/ 70.69 46.90 32.27 71.16 2.63 0.17 75.90 Mexico 0.58 1.32 0.83 1.85 0.17 0.03 0.69 China 62.71 30.00 8.28 34.00 0.07 0.00 66.92 European Union 9/ 0.38 1.65 0.86 0.87 1.62 0.05 0.35 Turkey 1.36 3.20 3.68 6.40 0.24 0.00 1.60 Pakistan 2.48 10.60 0.95 10.60 0.51 0.03 2.89 Indonesia 0.50 0.01 3.35 3.25 0.01 0.00 0.60 Thailand 0.24 3/ 1.48 1.48 0.00 0.03 0.22 Bangladesh 1.27 0.12 5.75 5.80 0.00 0.01 1.33 Vietnam 0.50 3/ 4.28 4.10 0.00 0.00 0.68 2015/16 Est. World 111.67 96.46 35.22 111.27 35.18 0.09 96.80 United States 3.65 12.89 0.03 3.45 9.15 0.17 3.80 Total Foreign 108.02 83.57 35.19 107.82 26.03 -0.08 93.00 Major Exporters 4/ 30.27 46.78 1.77 31.71 22.92 -0.22 24.41 Central Asia 5/ 3.00 5.97 3/ 2.37 4.36 0.00 2.25 Afr. Fr. Zone 6/ 2.20 4.18 3/ 0.14 4.86 0.00 1.37 S. Hemis 7/ 11.30 9.72 0.25 4.21 7.69 -0.23 9.60 Australia 1.77 2.60 3/ 0.04 2.85 -0.10 1.58 Brazil 7.53 5.90 0.09 3.20 4.31 -0.15 6.16 India 13.49 26.40 1.07 24.25 5.76 0.00 10.94 Major Importers 8/ 75.90 33.98 31.11 71.93 2.07 0.14 66.84 Mexico 0.69 0.91 0.98 1.85 0.13 0.03 0.57 China 66.92 22.00 4.41 35.00 0.13 0.00 58.20 European Union 9/ 0.35 1.29 0.81 0.82 1.31 0.05 0.27 Turkey 1.60 2.65 4.22 6.65 0.23 0.00 1.58 Pakistan 2.89 7.00 3.30 10.30 0.25 0.03 2.62 Indonesia 0.60 0.01 2.94 3.00 0.02 0.00 0.53 Thailand 0.22 3/ 1.28 1.25 0.00 0.03 0.22 Bangladesh 1.33 0.12 6.20 6.10 0.00 0.01 1.54 Vietnam 0.68 3/ 4.50 4.40 0.00 0.00 0.78 ================================================================================ WASDE - 560 - 27 December 2016 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2016/17 Proj. World Nov 96.91 103.28 35.21 111.99 35.21 -0.11 88.31 Dec 96.80 104.24 35.30 111.91 35.33 -0.05 89.15 United States Nov 3.80 16.16 0.01 3.50 12.00 -0.03 4.50 Dec 3.80 16.52 0.01 3.30 12.20 0.03 4.80 Total Foreign Nov 93.11 87.12 35.20 108.49 23.21 -0.09 83.81 Dec 93.00 87.71 35.29 108.61 23.13 -0.09 84.35 Major Exporters 4/ Nov 24.50 49.81 2.59 31.38 20.29 -0.23 25.45 Dec 24.41 50.41 2.59 31.13 20.21 -0.23 26.29 Central Asia 5/ Nov 2.25 5.89 3/ 2.37 3.66 0.00 2.10 Dec 2.25 5.93 3/ 2.37 3.60 0.00 2.21 Afr. Fr. Zone 6/ Nov 1.42 4.88 3/ 0.14 4.71 0.00 1.45 Dec 1.37 4.96 3/ 0.14 4.56 0.00 1.63 S. Hemis 7/ Nov 9.64 11.67 0.26 4.21 7.47 -0.24 10.14 Dec 9.60 12.14 0.26 4.21 7.60 -0.24 10.44 Australia Nov 1.58 4.00 3/ 0.04 3.90 -0.10 1.75 Dec 1.58 4.50 3/ 0.04 4.10 -0.10 2.05 Brazil Nov 6.16 6.50 0.10 3.20 2.90 -0.15 6.81 Dec 6.16 6.50 0.10 3.20 2.90 -0.15 6.81 India Nov 10.94 27.00 1.80 24.00 4.20 0.00 11.54 Dec 10.94 27.00 1.80 23.75 4.20 0.00 11.79 Major Importers 8/ Nov 66.86 34.46 30.28 72.87 1.88 0.14 56.72 Dec 66.84 34.46 30.38 73.24 1.88 0.14 56.42 Mexico Nov 0.57 0.65 1.28 1.85 0.10 0.03 0.52 Dec 0.57 0.65 1.28 1.85 0.10 0.03 0.52 China Nov 58.20 21.00 4.50 35.50 0.10 0.00 48.10 Dec 58.20 21.00 4.50 35.75 0.10 0.00 47.85 European Union 9/ Nov 0.27 1.23 0.80 0.81 1.15 0.05 0.29 Dec 0.27 1.23 0.80 0.81 1.15 0.05 0.29 Turkey Nov 1.59 3.20 3.70 6.75 0.28 0.00 1.47 Dec 1.58 3.20 3.70 6.75 0.28 0.00 1.46 Pakistan Nov 2.62 8.25 2.20 10.20 0.25 0.03 2.59 Dec 2.62 8.25 2.20 10.20 0.25 0.03 2.59 Indonesia Nov 0.59 0.01 2.90 2.90 0.01 0.00 0.59 Dec 0.53 0.01 2.90 2.90 0.01 0.00 0.53 Thailand Nov 0.22 3/ 1.23 1.20 0.00 0.03 0.22 Dec 0.22 3/ 1.23 1.20 0.00 0.03 0.22 Bangladesh Nov 1.49 0.12 6.30 6.40 0.00 0.01 1.50 Dec 1.54 0.12 6.30 6.40 0.00 0.01 1.55 Vietnam Nov 0.78 3/ 4.80 4.70 0.00 0.00 0.88 Dec 0.78 3/ 5.00 4.90 0.00 0.00 0.88 ================================================================================ WASDE - 560 - 28 December 2016 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2014/15 World 2/ 61.90 319.78 124.36 263.49 301.21 126.22 78.61 United States 2.50 106.88 0.90 50.98 54.96 50.14 5.19 Total Foreign 59.40 212.90 123.46 212.52 246.26 76.08 73.43 Major Exporters 3/ 41.48 170.05 0.32 84.27 91.47 68.79 51.59 Argentina 25.27 61.40 0.00 40.02 44.18 10.57 31.92 Brazil 16.02 97.20 0.31 40.44 43.41 50.61 19.50 Paraguay 0.13 8.15 0.01 3.65 3.69 4.49 0.12 Major Importers 4/ 15.18 15.39 105.98 98.31 117.65 0.29 18.61 China 13.85 12.15 78.35 74.50 87.20 0.14 17.01 European Union 0.62 1.83 13.92 14.00 15.57 0.12 0.69 Japan 0.22 0.23 3.00 2.15 3.24 0.00 0.21 Mexico 0.12 0.35 3.82 4.18 4.21 0.00 0.07 2015/16 Est. World 2/ 78.61 313.31 132.99 276.41 315.74 131.95 77.22 United States 5.19 106.86 0.64 51.34 54.63 52.69 5.36 Total Foreign 73.43 206.46 132.35 225.07 261.10 79.27 71.86 Major Exporters 3/ 51.59 164.30 1.10 86.98 94.84 71.43 50.71 Argentina 31.92 56.80 0.68 43.23 47.52 9.92 31.95 Brazil 19.50 96.50 0.41 39.90 43.40 54.38 18.63 Paraguay 0.12 9.00 0.01 3.70 3.74 5.30 0.08 Major Importers 4/ 18.61 15.41 112.80 107.18 127.80 0.32 18.70 China 17.01 11.79 83.23 81.30 95.00 0.11 16.91 European Union 0.69 2.26 14.73 15.00 16.58 0.14 0.95 Japan 0.21 0.24 3.19 2.28 3.43 0.00 0.21 Mexico 0.07 0.33 4.13 4.40 4.45 0.00 0.08 2016/17 Proj. World 2/ Nov 77.07 336.09 136.21 288.17 328.69 139.16 81.53 Dec 77.22 338.00 136.96 289.44 330.09 139.25 82.85 United States Nov 5.36 118.69 0.82 52.53 56.00 55.79 13.08 Dec 5.36 118.69 0.82 52.53 56.00 55.79 13.08 Total Foreign Nov 71.71 217.40 135.40 235.65 272.69 83.37 68.45 Dec 71.86 219.32 136.15 236.92 274.09 83.46 69.77 Major Exporters 3/ Nov 50.61 171.17 0.66 88.80 96.95 75.70 49.79 Dec 50.71 171.17 0.66 88.30 96.45 75.45 50.64 Argentina Nov 31.85 57.00 0.30 44.30 48.75 9.25 31.15 Dec 31.95 57.00 0.30 43.80 48.25 9.00 32.00 Brazil Nov 18.63 102.00 0.35 40.50 44.10 58.40 18.48 Dec 18.63 102.00 0.35 40.50 44.10 58.40 18.48 Paraguay Nov 0.08 9.17 0.01 3.80 3.85 5.30 0.11 Dec 0.08 9.17 0.01 3.80 3.85 5.30 0.11 Major Importers 4/ Nov 18.79 16.41 114.09 111.39 132.84 0.33 16.12 Dec 18.70 16.37 114.94 112.33 133.73 0.33 15.96 China Nov 16.91 12.50 86.00 86.50 100.80 0.15 14.46 Dec 16.91 12.50 86.00 86.50 100.80 0.15 14.46 European Union Nov 1.02 2.42 13.00 13.80 15.39 0.15 0.89 Dec 0.95 2.42 13.80 14.70 16.29 0.15 0.72 Japan Nov 0.21 0.24 3.10 2.20 3.36 0.00 0.19 Dec 0.21 0.24 3.10 2.20 3.36 0.00 0.19 Mexico Nov 0.08 0.43 4.30 4.65 4.70 0.00 0.11 Dec 0.08 0.43 4.30 4.65 4.70 0.00 0.11 ================================================================================ WASDE - 560 - 29 December 2016 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2014/15 World 2/ 10.63 207.53 60.78 201.89 64.01 13.03 United States 0.23 40.88 0.30 29.28 11.89 0.24 Total Foreign 10.40 166.65 60.47 172.61 52.12 12.80 Major Exporters 3/ 7.15 67.59 0.03 22.50 44.04 8.22 Argentina 4.07 30.93 0.00 2.40 28.58 4.03 Brazil 2.48 31.30 0.02 15.70 14.39 3.71 India 0.59 5.36 0.01 4.40 1.07 0.49 Major Importers 4/ 1.44 15.36 36.31 50.40 0.70 2.01 European Union 0.25 11.06 19.53 29.79 0.36 0.69 Southeast Asia 5/ 1.10 2.67 15.08 17.25 0.34 1.26 2015/16 Est. World 2/ 13.03 216.79 61.37 213.82 65.98 11.39 United States 0.24 40.53 0.37 30.04 10.85 0.24 Total Foreign 12.80 176.27 61.00 183.79 55.13 11.15 Major Exporters 3/ 8.22 68.53 0.07 23.16 46.13 7.53 Argentina 4.03 33.17 0.00 2.64 30.33 4.23 Brazil 3.71 30.88 0.03 16.20 15.41 3.01 India 0.49 4.48 0.04 4.32 0.40 0.30 Major Importers 4/ 2.01 16.81 36.06 52.97 0.68 1.23 European Union 0.69 11.85 18.97 30.89 0.30 0.31 Southeast Asia 5/ 1.26 3.24 15.37 18.62 0.38 0.87 2016/17 Proj. World 2/ Nov 10.99 226.48 65.81 225.20 68.82 9.26 Dec 11.39 227.30 64.82 224.54 68.19 10.77 United States Nov 0.24 41.56 0.30 30.94 10.89 0.27 Dec 0.24 41.38 0.30 30.94 10.71 0.27 Total Foreign Nov 10.75 184.93 65.51 194.26 57.94 8.98 Dec 11.15 185.92 64.52 193.61 57.49 10.50 Major Exporters 3/ Nov 7.37 71.78 0.02 24.50 49.10 5.58 Dec 7.53 72.08 0.02 24.18 48.60 6.86 Argentina Nov 4.23 34.35 0.00 2.78 32.70 3.10 Dec 4.23 33.93 0.00 2.78 31.60 3.78 Brazil Nov 3.01 31.35 0.02 16.75 15.50 2.13 Dec 3.01 31.35 0.02 16.75 15.20 2.43 India Nov 0.14 6.08 0.00 4.97 0.90 0.35 Dec 0.30 6.80 0.00 4.65 1.80 0.65 Major Importers 4/ Nov 0.94 15.82 40.20 55.05 0.73 1.18 Dec 1.23 16.57 39.33 54.95 0.74 1.43 European Union Nov 0.15 10.90 20.95 31.44 0.35 0.21 Dec 0.31 11.61 20.25 31.49 0.35 0.33 Southeast Asia 5/ Nov 0.74 3.25 17.45 20.19 0.38 0.88 Dec 0.87 3.29 17.28 20.04 0.39 1.01 ================================================================================ WASDE - 560 - 30 December 2016 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2014/15 World 2/ 3.71 49.14 10.02 48.02 11.09 3.76 United States 0.53 9.71 0.12 8.60 0.91 0.84 Total Foreign 3.19 39.43 9.90 39.42 10.18 2.92 Major Exporters 3/ 1.00 18.11 0.29 10.81 7.61 0.97 Argentina 0.24 7.69 0.02 2.50 5.09 0.35 Brazil 0.39 7.76 0.01 6.27 1.51 0.38 European Union 0.38 2.66 0.25 2.04 1.01 0.24 Major Importers 4/ 1.36 15.02 5.24 20.31 0.18 1.14 China 0.97 13.35 0.77 14.20 0.11 0.78 India 0.25 1.21 2.80 4.06 0.00 0.20 North Africa 5/ 0.15 0.47 1.67 2.05 0.07 0.17 2015/16 Est. World 2/ 3.76 51.79 11.77 51.73 11.79 3.81 United States 0.84 9.96 0.13 9.15 1.02 0.77 Total Foreign 2.92 41.84 11.64 42.58 10.78 3.04 Major Exporters 3/ 0.97 18.94 0.39 11.20 8.16 0.95 Argentina 0.35 8.43 0.00 2.76 5.70 0.33 Brazil 0.38 7.66 0.07 6.27 1.55 0.29 European Union 0.24 2.85 0.33 2.17 0.92 0.33 Major Importers 4/ 1.14 15.90 6.94 22.62 0.16 1.21 China 0.78 14.57 0.59 15.25 0.10 0.59 India 0.20 1.00 4.36 5.10 0.00 0.45 North Africa 5/ 0.17 0.34 2.00 2.27 0.06 0.17 2016/17 Proj. World 2/ Nov 3.85 53.65 11.39 53.61 11.73 3.56 Dec 3.81 53.95 11.27 53.98 11.61 3.43 United States Nov 0.78 10.11 0.11 9.28 0.98 0.75 Dec 0.77 10.11 0.13 9.32 0.98 0.70 Total Foreign Nov 3.08 43.54 11.28 44.33 10.76 2.81 Dec 3.04 43.84 11.14 44.66 10.63 2.73 Major Exporters 3/ Nov 1.05 18.81 0.29 11.17 8.06 0.92 Dec 0.95 18.96 0.29 11.46 7.90 0.84 Argentina Nov 0.33 8.44 0.00 2.82 5.61 0.34 Dec 0.33 8.42 0.00 2.87 5.55 0.33 Brazil Nov 0.29 7.75 0.04 6.32 1.50 0.26 Dec 0.29 7.75 0.04 6.42 1.40 0.26 European Union Nov 0.43 2.62 0.25 2.03 0.95 0.32 Dec 0.33 2.79 0.25 2.17 0.95 0.25 Major Importers 4/ Nov 1.13 17.41 6.46 23.74 0.19 1.07 Dec 1.21 17.57 6.31 23.79 0.19 1.10 China Nov 0.59 15.50 0.82 16.20 0.11 0.60 Dec 0.59 15.50 0.82 16.20 0.11 0.60 India Nov 0.42 1.35 4.00 5.40 0.00 0.37 Dec 0.45 1.51 3.80 5.40 0.00 0.37 North Africa 5/ Nov 0.13 0.55 1.64 2.14 0.08 0.11 Dec 0.17 0.55 1.69 2.19 0.08 0.14 ================================================================================ WASDE - 560 - 31 December 2016 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 2015 IV 6109 6457 12625 9937 1458 11526 24150 1979 51.3 Annual 23698 24501 48432 40048 5627 46198 94630 7975 208.6 2016 I 5935 6230 12222 10039 1435 11609 23830 2039 53.0 II 6187 5962 12206 10253 1520 11911 24117 2077 54.4 III 6468 6099 12621 10333 1515 11989 24610 2112 52.6 IV* 6550 6625 13229 10075 1525 11730 24959 2170 52.5 NovProj. 25055 24946 50224 40725 6020 47289 97513 8373 212.5 DecProj. 25140 24916 50278 40700 5995 47239 97517 8398 212.4 2017 I* 6165 6440 12662 10150 1445 11725 24387 2125 53.7 II* 6290 6150 12499 10450 1525 12118 24617 2120 55.5 III* 6750 6385 13191 10600 1550 12292 25483 2130 53.8 NovProj. 26160 25800 52190 41550 6135 48240 100430 8540 217.0 DecProj. 25940 25800 51970 41550 6120 48225 100195 8550 216.8 ================================================================================ U.S. Quarterly Prices for Animal Products ================================================================================ Year Barrows and Streers and gilts Broilers Turkeys Eggs Milk quarter 2/ 3/ 4/ 5/ 6/ 7/ ================================================================================ Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2015 IV 127.71 44.66 77.2 130.1 174.1 17.73 Annual 148.12 50.23 90.5 116.2 181.8 17.12 2016 I 134.81 44.63 84.6 114.7 121.5 15.70 II 127.68 53.71 93.0 116.5 67.9 14.77 III 113.26 49.26 81.7 120.7 71.6 16.83 IV* 105-108 35-36 77-78 117-120 73-74 17.05-17.25 NovProj. 119.94 45.65 83.1 118.0 84.0 16.00-16.10 DecProj. 120.56 45.78 84.2 117.6 83.6 16.05-16.15 2017 I* 104-110 36-38 78-82 104-110 68-72 17.25-17.75 II* 103-111 39-43 81-87 104-112 86-94 16.40-17.20 III* 102-110 43-47 81-87 108-118 93-101 16.70-17.70 NovProj. 102-110 38-42 77-84 111-120 88-95 16.30-17.20 DecProj. 103-111 39-41 80-85 107-115 88-95 16.85-17.65 ================================================================================ WASDE - 560 - 32 December 2016 U.S. Meats Supply and Use ================================================================================ Disappearance Beg- Produc- Per Item inning tion Total Ending capita stocks 1/ Imports Supply Exports stocks Total 2/ 3/ ================================================================================ Million Pounds 4/ Beef 2015 591 23760 3371 27721 2265 683 24773 53.9 2016 Proj. Nov 683 25119 3011 28813 2459 700 25654 55.4 Dec 683 25204 3021 28908 2484 700 25724 55.6 2017 Proj. Nov 700 26224 2680 29604 2630 600 26374 56.6 Dec 700 26004 2680 29384 2630 600 26154 56.1 Pork 2015 559 24517 1116 26191 5009 590 20593 49.7 2016 Proj. Nov 590 24962 1106 26657 5179 625 20853 49.9 Dec 590 24932 1096 26617 5179 615 20823 49.9 2017 Proj. Nov 625 25816 1095 27536 5440 635 21461 51.0 Dec 615 25816 1085 27516 5440 635 21441 51.0 TotalRed Meat5/ 2015 1190 48520 4700 54410 7279 1320 45810 104.8 2016 Proj. Nov 1320 50314 4333 55967 7644 1369 46955 106.6 Dec 1320 50368 4331 56019 7669 1356 46995 106.6 2017 Proj. Nov 1369 52280 3963 57612 8078 1279 48255 108.7 Dec 1356 52060 3953 57369 8078 1276 48015 108.2 Broiler 2015 680 39620 131 40431 6321 832 33277 88.9 2016 Proj. Nov 832 40289 127 41248 6666 760 33822 89.6 Dec 832 40265 127 41223 6666 780 33777 89.5 2017 Proj. Nov 760 41105 132 41997 6925 715 34357 90.4 Dec 780 41105 132 42017 6925 715 34377 90.5 Turkey 2015 193 5627 45 5866 529 201 5136 16.0 2016 Proj. Nov 201 6020 49 6270 575 240 5455 16.8 Dec 201 5995 49 6245 575 225 5445 16.8 2017 Proj. Nov 240 6135 40 6415 630 250 5535 17.0 Dec 225 6120 40 6385 630 250 5505 16.9 Total Poultry6/ 2015 877 45769 177 46823 6995 1041 38787 106.0 2016 Proj. Nov 1041 46852 178 48071 7388 1009 39674 107.7 Dec 1041 46803 178 48021 7388 1014 39619 107.5 2017 Proj. Nov 1009 47795 174 48978 7695 974 40309 108.7 Dec 1014 47780 174 48968 7695 974 40299 108.6 RedMeat& Poultry 2015 2066 94289 4877 101232 14273 2361 84598 210.8 2016 Proj. Nov 2361 97166 4510 104038 15032 2378 86629 214.3 Dec 2361 97171 4508 104040 15057 2370 86614 214.2 2017 Proj. Nov 2378 100075 4137 106590 15773 2253 88564 217.4 Dec 2370 99840 4127 106337 15773 2250 88314 216.8 ================================================================================ WASDE - 560 - 33 December 2016 U.S. Egg Supply and Use ================================================================================ 2014 2015 2016Proj. 2016Proj. 2017Proj. 2017Proj. Commodity Nov Dec Nov Dec ================================================================================ Million Dozen Eggs Supply BeginningStocks 23.0 23.3 31.1 31.1 27.0 27.0 Production 8431.0 7974.7 8373.3 8398.1 8540.0 8550.0 Imports 34.7 123.5 102.1 102.1 60.0 60.0 Total Supply 8488.7 8121.5 8506.5 8531.3 8627.0 8637.0 Use Exports 378.5 313.6 275.4 275.4 295.0 295.0 Hatching Use 980.6 995.6 1007.3 1007.3 1040.0 1040.0 Ending Stocks 23.3 31.1 27.0 27.0 27.0 27.0 Disappearance Total 7106.2 6781.2 7196.8 7221.6 7265.0 7275.0 Per Capita (number) 267.1 252.9 266.5 267.4 267.1 267.5 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2014 2015 2016Proj. 2016Proj. 2017Proj. 2017Proj. Commodity Nov Dec Nov Dec ================================================================================ Billion Pounds Milk Production 206.1 208.6 212.5 212.4 217.0 216.8 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 11.2 11.2 13.3 13.3 13.4 14.0 Marketings 205.1 207.7 211.5 211.5 216.0 215.9 Imports 4.3 5.7 7.2 7.0 7.1 7.0 Total Cml. Supply 220.6 224.6 232.0 231.8 236.4 236.8 Commercial Exports 12.4 8.8 8.7 8.8 8.9 8.4 Ending Commercial Stocks 11.2 13.3 13.4 14.0 12.8 13.7 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 196.9 202.5 209.9 209.0 214.7 214.8 Beg.CommercialStocks 11.7 13.1 13.9 13.9 13.5 13.8 Marketings 205.1 207.7 211.5 211.5 216.0 215.9 Imports 5.6 6.0 6.6 6.4 6.4 6.2 Total Cml. Supply 222.4 226.7 231.9 231.7 235.8 235.8 Commercial Exports 39.0 37.3 38.4 38.7 39.7 40.1 Ending Commercial Stocks 13.1 13.9 13.5 13.8 13.2 13.2 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 170.3 175.5 180.0 179.2 182.9 182.5 ================================================================================ WASDE - 560 - 34 December 2016 U.S. Dairy Prices ================================================================================ Commod- 2014 2015 2016 Proj. 2016 Proj. 2017 Proj. 2017 Proj. ity Nov Dec Nov Dec ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1551 1.6454 1.590-1.600 1.595-1.605 1.610-1.700 1.650-1.730 Butter 2.1361 2.0670 2.035-2.065 2.060-2.090 1.810-1.930 1.920-2.030 Nonfat Dry Milk 1.7682 0.9016 0.820-0.840 0.820-0.840 0.930-1.000 0.950-1.010 Dry Whey 0.6538 0.3804 0.280-0.290 0.280-0.290 0.360-0.390 0.380-0.410 Milk Prices 2/ Dollars Per Cwt ClassIII 22.34 15.80 14.70-14.80 14.75-14.85 15.30-16.20 15.85-16.65 Class IV 22.09 14.35 13.55-13.75 13.65-13.85 13.55-14.55 14.20-15.10 All Milk 3/ 23.97 17.12 16.00-16.10 16.05-16.15 16.30-17.20 16.85-17.65 ================================================================================ WASDE - 560 - 35 December 2016 Reliability of December Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons WHEAT Production World 0.8 1.4 3.9 0.4 10.2 26 9 U.S. 0.4 0.7 0.2 0.0 1.2 17 12 Foreign 0.9 1.6 3.9 0.3 10.3 26 9 Exports World 5.4 9.1 5.5 0.1 18.3 29 6 U.S. 5.7 9.7 1.5 0.2 3.9 19 16 Foreign 6.6 11.3 5.5 0.5 17.9 31 4 Domestic Use World 1.3 2.2 5.7 0.2 16.7 20 15 U.S. 5.8 9.8 1.5 0.1 3.6 10 25 Foreign 1.3 2.2 5.6 0.1 16.1 23 12 Ending Stocks World 5.7 9.7 6.9 0.9 19.4 25 10 U.S. 10.7 18.2 1.7 0.1 7.0 23 12 Foreign 5.8 9.9 5.7 0.4 19.3 24 11 COARSE GRAINS 2/ Production World 1.4 2.3 10.9 0.0 24.2 25 10 U.S. 1.3 2.3 2.4 0.0 7.5 18 17 Foreign 1.9 3.3 11.0 0.3 26.5 24 11 Exports World 6.8 11.6 6.3 0.1 33.3 26 9 U.S. 15.6 26.5 5.4 0.1 12.8 15 20 Foreign 12.0 20.3 6.3 0.0 27.1 23 11 Domestic Use World 1.2 2.0 8.9 0.3 22.8 20 15 U.S. 3.7 6.2 5.1 0.1 17.9 17 18 Foreign 1.4 2.3 8.2 0.3 22.7 22 13 Ending Stocks World 9.9 16.8 12.4 1.0 30.3 28 7 U.S. 19.6 33.2 7.5 0.7 23.9 19 16 Foreign 13.1 22.2 10.6 0.1 31.8 28 7 RICE, milled Production World 2.0 3.4 5.5 0.0 16.2 28 7 U.S. 2.9 4.9 0.1 0.0 0.5 18 13 Foreign 2.0 3.4 5.6 0.1 16.2 29 6 Exports World 9.3 15.9 1.6 0.1 6.1 27 8 U.S. 7.7 13.0 0.2 0.0 0.6 18 15 Foreign 10.6 17.9 1.6 0.0 6.0 25 10 Domestic Use World 1.6 2.7 3.9 0.0 15.9 24 11 U.S. 7.7 13.1 0.2 0.0 0.6 17 18 Foreign 1.6 2.8 3.8 0.0 16.1 24 11 Ending Stocks World 10.7 18.2 4.9 0.1 27.9 28 7 U.S. 21.5 36.6 0.2 0.0 0.8 20 15 Foreign 11.0 18.7 4.9 0.2 27.7 28 7 ================================================================================ WASDE - 560 - 36 December 2016 Reliability of December Projections (Continued) 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons SOYBEANS Production World 3.8 6.5 5.1 0.1 23.8 20 15 U.S. 2.0 3.4 1.1 0.1 2.7 15 20 Foreign 6.4 10.8 5.2 0.1 25.1 17 18 Exports World 7.0 11.9 3.0 0.1 13.1 21 14 U.S. 9.3 15.8 2.1 0.1 6.4 21 14 Foreign 18.1 30.7 2.7 0.0 11.4 17 18 Domestic Use World 2.8 4.8 3.9 0.2 13.2 20 15 U.S. 3.6 6.0 1.3 0.0 3.6 23 12 Foreign 3.4 5.8 3.5 0.2 11.9 20 15 Ending Stocks World 15.9 26.9 4.2 0.1 18.5 20 15 U.S. 45.0 76.3 2.1 0.2 7.3 10 25 Foreign 17.3 29.4 3.6 0.1 12.9 21 14 COTTON Production World 3.2 5.5 2.4 0.0 7.2 19 15 U.S. 2.0 3.3 0.2 0.0 0.8 17 17 Foreign 3.8 6.5 2.3 0.0 7.1 18 16 Exports World 7.2 12.2 1.9 0.1 9.0 21 14 U.S. 13.9 23.6 0.9 0.0 3.0 22 13 Foreign 9.3 15.8 1.4 0.0 8.3 19 15 Domestic Use World 2.8 4.8 2.1 0.1 8.2 17 18 U.S. 6.2 10.5 0.3 0.0 1.0 19 15 Foreign 2.9 4.9 2.0 0.1 7.9 19 16 Ending Stocks World 11.4 19.3 4.3 0.5 12.0 21 14 U.S. 25.5 43.4 1.0 0.1 3.2 10 25 Foreign 12.1 20.5 4.0 0.1 12.1 24 11 ================================================================================ WASDE - 560 - 37 December 2016 Reliability of United States December Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Bushels CORN Production 1.3 2.3 88 0 250 18 16 Exports 16.2 27.5 190 9 467 15 20 Domestic Use 3.9 6.6 191 14 574 21 14 Ending Stocks 22.4 38.1 292 16 986 19 16 SORGHUM Production 4.3 7.2 15 1 53 17 18 Exports 17.5 29.8 29 0 123 24 10 Domestic Use 18.9 32.1 36 0 127 14 20 Ending Stocks 46.4 78.8 26 2 104 13 22 BARLEY Production 1.5 2.6 4 0 24 14 10 Exports 26.3 44.6 9 0 37 13 20 Domestic Use 6.6 11.2 16 0 70 13 21 Ending Stocks 12.4 21.0 13 0 39 24 9 OATS Production 1.1 1.9 2 0 18 7 9 Exports 74.8 126.9 1 0 7 8 10 Domestic Use 4.8 8.2 12 1 39 15 20 Ending Stocks 20.6 35.0 14 1 52 22 13 Thousand Short Tons SOYBEAN MEAL Production 3.5 5.9 1006 152 2578 22 13 Exports 11.3 19.1 703 100 2850 21 14 Domestic Use 3.3 5.6 703 50 2293 18 17 Ending Stocks 34.3 58.3 58 0 214 14 19 Million Pounds SOYBEAN OIL Production 3.5 5.9 452 43 1530 24 11 Exports 27.2 46.2 315 0 1325 18 15 Domestic Use 3.8 6.4 442 25 1761 22 13 Ending Stocks 22.1 37.4 302 1 1051 21 14 ANIMAL PROD. 3/ Million Pounds Beef 3.6 6.2 731 9 2311 25 9 Pork 3.4 5.7 436 20 1592 21 13 Broilers 1.8 3.1 402 1 1346 21 13 Turkeys 3.0 5.1 121 2 407 21 13 Million Dozen Eggs 1.9 3.3 101 3 515 23 11 Billion Pounds Milk 1.6 2.7 1.8 0.0 6.1 18 13 ================================================================================