WASDE - 596 - 8 January 2020 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/ 2017/18 2619.04 3417.31 414.93 2600.70 816.61 2018/19 (Est.) 2625.96 3442.57 429.63 2642.79 799.79 2019/20 (Proj.) Dec 2665.50 3462.95 426.56 2664.18 798.77 Jan 2662.86 3462.64 427.68 2669.81 792.83 Wheat 2017/18 762.88 1025.58 182.47 742.52 283.06 2018/19 (Est.) 731.45 1014.50 173.06 736.45 278.06 2019/20 (Proj.) Dec 765.41 1043.26 179.81 753.76 289.50 Jan 764.39 1042.45 181.07 754.37 288.08 Coarse Grains 5/ 2017/18 1361.36 1746.99 185.23 1376.07 370.92 2018/19 (Est.) 1395.36 1766.27 212.43 1418.93 347.34 2019/20 (Proj.) Dec 1401.70 1748.07 201.08 1416.59 331.48 Jan 1401.80 1749.14 201.03 1421.44 327.70 Rice, milled 2017/18 494.80 644.74 47.24 482.11 162.64 2018/19 (Est.) 499.16 661.80 44.14 487.41 174.39 2019/20 (Proj.) Dec 498.40 671.63 45.67 493.83 177.80 Jan 496.67 671.05 45.59 494.00 177.05 United States Total Grains 4/ 2017/18 437.43 541.29 94.57 357.95 88.76 2018/19 (Est.) 436.32 532.31 83.39 357.64 91.28 2019/20 (Proj.) Dec 419.05 514.81 79.54 355.32 79.95 Jan 419.31 517.79 77.90 361.03 78.86 Wheat 2017/18 47.38 83.81 24.66 29.25 29.91 2018/19 (Est.) 51.31 84.89 25.48 30.02 29.39 2019/20 (Proj.) Dec 52.26 84.50 26.54 31.46 26.51 Jan 52.26 84.50 26.54 31.71 26.26 Coarse Grains 5/ 2017/18 384.39 449.48 67.16 324.41 57.92 2018/19 (Est.) 377.91 438.46 54.94 323.05 60.47 2019/20 (Proj.) Dec 360.82 421.98 49.91 319.70 52.37 Jan 361.19 425.05 48.26 325.10 51.69 Rice, milled 2017/18 5.66 8.00 2.76 4.30 0.93 2018/19 (Est.) 7.11 8.96 2.97 4.57 1.42 2019/20 (Proj.) Dec 5.97 8.33 3.10 4.16 1.08 Jan 5.86 8.24 3.11 4.22 0.91 ================================================================================ WASDE - 596 - 9 January 2020 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/ 2017/18 2181.61 2876.02 320.35 2242.75 727.85 2018/19 (Est.) 2189.65 2910.27 346.23 2285.15 708.51 2019/20 (Proj.) Dec 2246.46 2948.14 347.02 2308.86 718.82 Jan 2243.55 2944.85 349.78 2308.79 713.97 Wheat 2017/18 715.50 941.77 157.81 713.27 253.15 2018/19 (Est.) 680.14 929.62 147.58 706.42 248.67 2019/20 (Proj.) Dec 713.15 958.75 153.27 722.30 262.99 Jan 712.13 957.95 154.53 722.66 261.82 Coarse Grains 5/ 2017/18 976.97 1297.51 118.07 1051.67 313.00 2018/19 (Est.) 1017.45 1327.81 157.48 1095.88 286.87 2019/20 (Proj.) Dec 1040.87 1326.09 151.17 1096.89 279.10 Jan 1040.61 1324.10 152.77 1096.34 276.01 Rice, milled 2017/18 489.14 636.75 44.47 477.81 161.71 2018/19 (Est.) 492.05 652.84 41.17 482.85 172.96 2019/20 (Proj.) Dec 492.43 663.30 42.58 489.67 176.73 Jan 490.80 662.81 42.48 489.78 176.14 ================================================================================ 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 2017/18 123.78 204.07 41.51 122.76 80.84 2018/19 (Est.) 118.14 198.98 41.34 120.19 79.53 2019/20 (Proj.) Dec 121.11 200.80 44.40 120.27 80.32 Jan 120.48 200.01 43.85 120.22 79.59 United States 2017/18 20.92 23.68 16.28 3.23 4.20 2018/19 (Est.) 18.37 22.57 14.76 2.98 4.85 2019/20 (Proj.) Dec 20.21 25.06 16.50 3.00 5.50 Jan 20.10 24.96 16.50 3.00 5.40 Foreign 4/ 2017/18 102.86 180.39 25.24 119.54 76.64 2018/19 (Est.) 99.77 176.41 26.58 117.21 74.68 2019/20 (Proj.) Dec 100.90 175.74 27.90 117.27 74.82 Jan 100.38 175.06 27.35 117.22 74.19 ================================================================================ WASDE - 596 - 10 January 2020 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 2017/18 581.45 690.63 176.28 484.22 116.48 2018/19 (Est.) 596.63 713.12 171.47 489.12 128.54 2019/20 (Proj.) Dec 574.62 702.54 171.63 496.50 111.57 Jan 574.63 703.17 171.60 496.69 112.32 Oilmeals 2017/18 331.71 349.36 89.16 327.98 17.33 2018/19 (Est.) 333.27 350.60 93.91 331.52 15.67 2019/20 (Proj.) Dec 338.59 353.55 94.34 336.79 14.51 Jan 338.88 354.55 94.38 337.05 15.28 Vegetable Oils 2017/18 198.64 219.18 79.97 192.19 22.11 2018/19 (Est.) 203.02 225.13 86.04 200.12 21.44 2019/20 (Proj.) Dec 207.06 228.15 89.01 204.83 19.21 Jan 206.50 227.93 88.46 204.69 19.58 United States Oilseeds 2017/18 131.48 142.50 59.31 60.17 13.83 2018/19 (Est.) 130.72 145.65 48.70 61.03 26.54 2019/20 (Proj.) Dec 107.57 135.37 49.44 61.57 14.62 Jan 107.42 134.94 49.39 61.38 14.47 Oilmeals 2017/18 47.03 51.17 13.00 37.61 0.56 2018/19 (Est.) 46.52 51.01 12.60 37.99 0.42 2019/20 (Proj.) Dec 47.33 51.59 12.28 38.88 0.42 Jan 47.24 51.54 12.30 38.82 0.42 Vegetable Oils 2017/18 12.11 18.12 1.34 15.54 1.24 2018/19 (Est.) 12.19 18.14 1.10 15.88 1.16 2019/20 (Proj.) Dec 12.41 18.37 1.01 16.34 1.02 Jan 12.34 18.35 1.01 16.33 1.01 Foreign 3/ Oilseeds 2017/18 449.97 548.12 116.97 424.06 102.65 2018/19 (Est.) 465.92 567.46 122.76 428.09 102.00 2019/20 (Proj.) Dec 467.05 567.17 122.19 434.94 96.95 Jan 467.21 568.23 122.21 435.32 97.86 Oilmeals 2017/18 284.68 298.19 76.16 290.38 16.77 2018/19 (Est.) 286.75 299.59 81.31 293.53 15.25 2019/20 (Proj.) Dec 291.26 301.96 82.06 297.90 14.09 Jan 291.64 303.00 82.08 298.23 14.85 Vegetable Oils 2017/18 186.53 201.06 78.62 176.64 20.87 2018/19 (Est.) 190.82 206.99 84.95 184.24 20.28 2019/20 (Proj.) Dec 194.65 209.78 88.00 188.49 18.20 Jan 194.15 209.59 87.45 188.36 18.57 ================================================================================ WASDE - 596 - 11 January 2020 U.S. Wheat Supply and Use 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Acres Area Planted 46.1 47.8 45.2 45.2 Area Harvested 37.6 39.6 37.2 37.2 Bushels Yield per Harvested Acre 46.4 47.6 51.7 51.7 Million Bushels Beginning Stocks 1181 1099 1080 1080 Production 1741 1885 1920 1920 Imports 158 135 105 105 Supply, Total 3080 3119 3105 3105 Food 964 955 955 955 Seed 63 59 61 60 Feed and Residual 47 90 140 150 Domestic, Total 1075 1103 1156 1165 Exports 906 936 975 975 Use, Total 1981 2039 2131 2140 Ending Stocks 1099 1080 974 965 Avg.FarmPrice ($/bu) 2/ 4.72 5.16 4.55 4.55 ================================================================================ 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 2018/19 (Est.) Beginning Stocks 581 191 205 87 35 1099 Production 662 587 286 272 78 1885 Supply, Total 3/ 1248 846 495 365 165 3119 Domestic Use 401 324 209 81 88 1103 Exports 331 259 128 196 22 936 Use, Total 732 583 337 277 110 2039 Ending Stocks, Total 516 263 158 88 55 1080 2019/20 (Proj.) Beginning Stocks 516 263 158 88 55 1080 Production 833 522 239 272 54 1920 Supply, Total 3/ 1354 835 402 365 149 3105 Domestic Use 480 311 196 90 88 1165 Exports 385 260 100 190 40 975 Use, Total 865 571 296 280 128 2140 Ending Stocks, Total Jan 489 264 106 85 21 965 Dec 483 269 111 85 26 974 ================================================================================ WASDE - 596 - 12 January 2020 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Acres FEED GRAINS Area Planted 100.9 99.9 100.7 100.5 Area Harvested 90.5 89.2 89.5 89.2 Metric Tons Yield per Harvested Acre 4.24 4.24 4.03 4.05 Million Metric Tons Beginning Stocks 62.1 57.9 57.8 60.5 Production 384.1 377.7 360.6 360.9 Imports 2.7 2.3 3.1 3.1 Supply, Total 449.0 437.9 421.4 424.5 Feed and Residual 138.7 143.0 139.7 145.7 Food, Seed & Industrial 185.2 179.5 179.5 178.8 Domestic, Total 323.9 322.5 319.1 324.5 Exports 67.2 54.9 49.9 48.3 Use, Total 391.1 377.5 369.0 372.8 Ending Stocks 57.9 60.5 52.4 51.7 Million Acres CORN Area Planted 90.2 88.9 89.9 89.7 Area Harvested 82.7 81.3 81.8 81.5 Bushels Yield per Harvested Acre 176.6 176.4 167.0 168.0 Million Bushels Beginning Stocks 2293 2140 2114 2221 Production 14609 14340 13661 13692 Imports 36 28 50 50 Supply, Total 16939 16509 15825 15962 Feed and Residual 5304 5432 5275 5525 Food,Seed& Industrial 2/ 7057 6791 6790 6770 Ethanol & by-products 3/ 5605 5376 5375 5375 Domestic, Total 12361 12223 12065 12295 Exports 2438 2065 1850 1775 Use, Total 14798 14288 13915 14070 Ending Stocks 2140 2221 1910 1892 Avg.FarmPrice ($/bu) 4/ 3.36 3.61 3.85 3.85 ================================================================================ WASDE - 596 - 13 January 2020 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 5.6 5.7 5.3 5.3 AreaHarvested(mil.acres) 5.0 5.1 4.7 4.7 Yield (bushels/acre) 71.7 72.1 75.9 73.0 Beginning Stocks 33 35 64 64 Production 362 365 358 341 Imports 2 0 0 0 Supply, Total 397 400 421 405 Feed and Residual 102 138 160 140 Food, Seed & Industrial 60 106 100 100 Total Domestic 162 244 260 240 Exports 200 93 110 120 Use, Total 362 336 370 360 Ending Stocks 35 64 51 45 Avg.FarmPrice ($/bu) 2/ 3.22 3.26 3.40 3.40 BARLEY AreaPlanted (mil. acres) 2.5 2.5 2.7 2.7 AreaHarvested(mil.acres) 2.0 2.0 2.2 2.2 Yield (bushels/acre) 73.0 77.5 77.7 77.7 Beginning Stocks 106 94 87 87 Production 143 154 170 170 Imports 9 6 8 8 Supply, Total 259 254 264 264 Feed and Residual 7 15 15 25 Food, Seed & Industrial 152 148 153 146 Total Domestic 159 162 168 171 Exports 5 5 4 4 Use, Total 164 167 172 175 Ending Stocks 94 87 92 89 Avg.FarmPrice ($/bu) 2/ 4.47 4.62 4.65 4.60 OATS AreaPlanted (mil. acres) 2.6 2.7 2.8 2.8 AreaHarvested(mil.acres) 0.8 0.9 0.8 0.8 Yield (bushels/acre) 61.7 64.9 64.3 64.3 Beginning Stocks 50 41 38 38 Production 50 56 53 53 Imports 89 87 95 95 Supply, Total 189 184 186 186 Feed and Residual 68 66 70 70 Food, Seed & Industrial 77 78 78 78 Total Domestic 146 144 148 148 Exports 2 2 2 2 Use, Total 148 146 150 150 Ending Stocks 41 38 36 36 Avg.FarmPrice ($/bu) 2/ 2.59 2.66 2.90 2.95 ================================================================================ WASDE - 596 - 14 January 2020 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Acres TOTAL RICE Area Planted 2.46 2.95 2.54 2.54 Area Harvested 2.37 2.91 2.48 2.47 Pounds Yield per Harvested Acre 7507 7692 7587 7471 Million Hundredweight Beginning Stocks 2/ 46.0 29.4 44.9 44.9 Production 178.2 223.8 187.9 184.7 Imports 27.5 29.0 29.6 30.1 Supply, Total 251.8 282.2 262.4 259.6 Domestic & Residual 3/ 135.4 143.8 131.0 133.0 Exports, Total 4/ 87.1 93.6 97.5 98.0 Rough 28.8 33.0 35.0 36.0 Milled (rough equiv.) 58.2 60.6 62.5 62.0 Use, Total 222.4 237.3 228.5 231.0 Ending Stocks 29.4 44.9 33.9 28.6 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 12.90 12.30 13.00 13.20 LONG GRAIN RICE Harvested Acres (mil.) 1.75 2.18 1.73 Yield (pounds/acre) 7314 7517 7261 Beginning Stocks 31.0 20.3 32.6 32.6 Production 127.9 163.6 127.1 125.6 Supply, Total 7/ 182.2 207.3 183.7 182.7 Domestic & Residual 3/ 98.6 109.0 98.0 99.0 Exports 8/ 63.2 65.7 69.0 70.0 Use, Total 161.9 174.7 167.0 169.0 Ending Stocks 20.3 32.6 16.7 13.7 Avg.FarmPrice($/cwt) 6/ 11.50 10.80 11.80 12.20 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.63 0.73 0.74 Yield (pounds/acre) 8048 8209 7960 Beginning Stocks 11.5 7.6 10.2 10.2 Production 50.4 60.3 60.9 59.1 Supply, Total 7/ 68.2 72.8 76.7 74.8 Domestic & Residual 3/ 36.7 34.8 33.0 34.0 Exports 8/ 23.8 27.8 28.5 28.0 Use, Total 60.6 62.6 61.5 62.0 Ending Stocks 7.6 10.2 15.2 12.8 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 17.00 17.60 16.50 16.30 California 10/ 20.10 20.00 18.50 18.30 Other States 1/ 11.70 12.30 12.10 12.20 ================================================================================ WASDE - 596 - 15 January 2020 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Acres SOYBEANS Area Planted 90.2 89.2 76.5 76.1 Area Harvested 89.5 87.6 75.6 75.0 Bushels Yield per Harvested Acre 49.3 50.6 46.9 47.4 Million Bushels Beginning Stocks 302 438 913 909 Production 4412 4428 3550 3558 Imports 22 14 20 15 Supply, Total 4735 4880 4483 4482 Crushings 2055 2092 2105 2105 Exports 2134 1748 1775 1775 Seed 104 88 96 96 Residual 5 43 32 32 Use, Total 4297 3971 4008 4008 Ending Stocks 438 909 475 475 Avg.FarmPrice ($/bu) 2/ 9.33 8.48 8.85 9.00 Million Pounds SOYBEAN OIL Beginning Stocks 1711 1995 1776 1776 Production 4/ 23772 24195 24420 24420 Imports 335 398 450 450 Supply, Total 25819 26589 26646 26646 Domestic Disappearance 21380 22872 23500 23500 Biodiesel 3/ 7134 7863 8500 8500 Food, Feed & other Industrial 14247 15008 15000 15000 Exports 2443 1941 1700 1700 Use, Total 23823 24813 25200 25200 Ending stocks 1995 1776 1446 1446 Avg. Price (c/lb) 2/ 30.04 28.26 31.00 34.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 401 555 402 402 Production 4/ 49226 48809 49498 49498 Imports 483 684 500 500 Supply, Total 50109 50048 50400 50400 Domestic Disappearance 35537 36092 36800 36800 Exports 14016 13554 13200 13200 Use, Total 49554 49646 50000 50000 Ending Stocks 555 402 400 400 Avg. Price ($/s.t.) 2/ 345.02 308.28 310.00 305.00 ================================================================================ WASDE - 596 - 16 January 2020 U.S. Sugar Supply and Use 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1876 2008 1780 1783 Production 2/ 9293 8999 8280 8158 Beet Sugar 5279 4939 4367 4444 Cane Sugar 4014 4060 3913 3713 Florida 1983 2005 2069 2069 Hawaii 0 0 0 0 Louisiana 1862 1907 1712 1513 Texas 169 147 131 131 Imports 3277 3070 3860 3881 TRQ 3/ 1663 1541 1614 1604 Other Program 4/ 326 438 350 350 Other 5/ 1287 1092 1897 1927 Mexico 1223 1000 1827 1827 Total Supply 14445 14077 13920 13821 Exports 170 35 35 35 Deliveries 12185 12231 12230 12230 Food 12048 12106 12125 12125 Other 6/ 137 126 105 105 Miscellaneous 82 28 0 0 Total Use 12438 12294 12265 12265 Ending Stocks 2008 1783 1655 1556 Stocks to Use Ratio 16.1 14.5 13.5 12.7 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Actual Weight Sugar 2018/19 Est. Dec 1395 6426 85 4532 2204 1169 Jan 1395 6426 85 4532 2204 1169 2019/20 Proj. Dec 1169 5772 85 4492 1603 930 Jan 1169 5772 89 4492 1603 934 ================================================================================ WASDE - 596 - 17 January 2020 U.S. Cotton Supply and Use 1/ ================================================================================ 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Item Dec Jan ================================================================================ Million Acres Planted 12.72 14.10 13.76 13.74 Harvested 11.10 10.21 12.51 11.80 Pounds Yield per Harvested Acre 905 864 775 817 Million 480 Pound Bales Beginning Stocks 2.75 4.20 4.85 4.85 Production 20.92 18.37 20.21 20.10 Imports 0.00 0.00 0.01 0.01 Supply, Total 23.68 22.57 25.06 24.96 Domestic Use 3.23 2.98 3.00 3.00 Exports, Total 16.28 14.76 16.50 16.50 Use, Total 19.50 17.74 19.50 19.50 Unaccounted 2/ -0.03 -0.02 0.06 0.06 Ending Stocks 4.20 4.85 5.50 5.40 Avg. Farm Price 3/ 68.6 70.3 61.0 63.0 ================================================================================ WASDE - 596 - 18 January 2020 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2017/18 World 3/ 262.70 762.88 180.03 146.39 742.52 182.47 283.06 World Less China 147.77 628.55 176.09 128.89 621.52 181.46 151.86 United States 32.13 47.38 4.30 1.29 29.25 24.66 29.91 Total Foreign 230.57 715.50 175.73 145.10 713.27 157.81 253.15 Major Exporters 4/ 36.22 333.09 6.97 89.55 205.51 131.17 39.61 Argentina 0.25 18.50 0.01 0.05 5.55 12.73 0.47 Australia 5.73 20.94 0.16 4.00 7.48 13.85 5.51 Canada 6.93 30.38 0.45 4.20 9.28 22.00 6.48 European Union 5/ 10.72 151.13 5.82 58.00 130.40 23.38 13.89 Russia 10.82 85.17 0.47 20.00 43.00 41.43 12.03 Ukraine 1.77 26.98 0.06 3.30 9.80 17.78 1.24 Major Importers 6/ 160.57 202.93 115.67 37.70 289.75 12.42 177.00 Bangladesh 1.76 1.15 6.15 0.25 7.05 0.00 2.02 Brazil 2.26 4.26 7.02 0.50 12.00 0.23 1.31 China 114.93 134.33 3.94 17.50 121.00 1.00 131.20 Japan 1.21 0.97 5.88 0.75 6.60 0.28 1.18 N. Africa 7/ 14.28 19.25 27.45 2.25 45.23 0.88 14.87 Nigeria 0.20 0.07 5.16 0.05 4.83 0.40 0.20 Sel. Mideast 8/ 16.65 18.36 18.46 4.10 37.92 0.90 14.65 Southeast Asia 9/ 5.68 0.00 26.06 8.99 25.44 1.11 5.19 Selected Other India 9.80 98.51 1.17 5.00 95.68 0.57 13.23 Kazakhstan 3.54 14.80 0.10 2.10 6.90 9.00 2.54 2018/19 Est. World 3/ 283.06 731.45 169.91 139.41 736.45 173.06 278.06 World Less China 151.86 600.02 166.76 119.41 611.45 172.05 138.29 United States 29.91 51.31 3.67 2.44 30.02 25.48 29.39 Total Foreign 253.15 680.14 166.24 136.97 706.42 147.58 248.67 Major Exporters 4/ 39.61 302.60 7.17 81.81 196.61 120.75 32.02 Argentina 0.47 19.50 0.01 0.05 6.05 12.19 1.74 Australia 5.51 17.30 0.36 5.70 9.20 9.01 4.96 Canada 6.48 32.20 0.48 3.56 8.86 24.38 5.92 European Union 5/ 13.89 136.86 5.76 52.00 123.20 23.31 10.00 Russia 12.03 71.69 0.45 18.00 40.50 35.84 7.82 Ukraine 1.24 25.06 0.11 2.50 8.80 16.02 1.59 Major Importers 6/ 177.00 200.27 110.93 38.44 293.69 12.33 182.18 Bangladesh 2.02 1.10 5.00 0.28 7.08 0.00 1.04 Brazil 1.31 5.43 7.02 0.50 12.10 0.60 1.06 China 131.20 131.43 3.15 20.00 125.00 1.01 139.77 Japan 1.18 0.86 5.73 0.68 6.53 0.29 0.95 N. Africa 7/ 14.87 21.00 26.93 2.25 46.15 1.19 15.46 Nigeria 0.20 0.06 4.59 0.05 4.25 0.40 0.20 Sel. Mideast 8/ 14.65 18.37 17.23 3.55 37.90 0.58 11.77 Southeast Asia 9/ 5.19 0.00 26.16 8.14 25.34 1.10 4.92 Selected Other India 13.23 99.87 0.02 5.00 95.63 0.50 16.99 Kazakhstan 2.54 13.95 0.09 1.80 6.60 8.30 1.68 ================================================================================ WASDE - 596 - 19 January 2020 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 ================================================================================ 2019/20 Proj. World 3/ Dec 277.85 765.41 177.57 148.69 753.76 179.81 289.50 Jan 278.06 764.39 178.19 148.36 754.37 181.07 288.08 World Less China Dec 138.08 631.82 174.37 127.69 625.76 178.71 142.04 Jan 138.29 630.80 174.99 127.36 626.37 179.97 140.62 United States Dec 29.39 52.26 2.86 3.81 31.46 26.54 26.51 Jan 29.39 52.26 2.86 4.08 31.71 26.54 26.26 Total Foreign Dec 248.46 713.15 174.72 144.88 722.30 153.27 262.99 Jan 248.67 712.13 175.34 144.28 722.67 154.53 261.82 Major Exporters 4/ Dec 31.91 324.45 6.96 85.90 200.50 129.40 33.42 Jan 32.02 323.45 6.86 85.40 200.00 130.70 31.63 Argentina Dec 1.63 19.00 0.01 0.05 6.05 13.00 1.59 Jan 1.74 19.00 0.01 0.05 6.05 13.00 1.70 Australia Dec 4.96 16.10 0.45 5.20 8.70 8.40 4.41 Jan 4.96 15.60 0.55 5.20 8.70 8.20 4.21 Canada Dec 5.92 32.35 0.45 4.35 9.35 24.00 5.37 Jan 5.92 32.35 0.45 4.35 9.35 24.00 5.37 European Union 5/ Dec 10.00 153.50 5.50 56.00 127.50 29.00 12.50 Jan 10.00 154.00 5.30 56.00 127.50 31.00 10.80 Russia Dec 7.82 74.50 0.48 17.00 39.50 35.00 8.29 Jan 7.82 73.50 0.48 17.00 39.50 34.00 8.29 Ukraine Dec 1.59 29.00 0.08 3.30 9.40 20.00 1.26 Jan 1.59 29.00 0.08 2.80 8.90 20.50 1.26 Major Importers 6/ Dec 182.08 204.89 116.19 39.56 299.72 13.15 190.29 Jan 182.18 204.89 116.69 39.46 299.82 13.30 190.64 Bangladesh Dec 0.94 1.10 6.00 0.30 7.20 0.00 0.84 Jan 1.04 1.20 6.00 0.30 7.20 0.00 1.04 Brazil Dec 1.06 5.30 7.70 0.50 12.20 0.60 1.26 Jan 1.06 5.20 7.70 0.50 12.10 0.60 1.26 China Dec 139.77 133.59 3.20 21.00 128.00 1.10 147.46 Jan 139.77 133.59 3.20 21.00 128.00 1.10 147.46 Japan Dec 0.95 0.96 5.90 0.70 6.50 0.28 1.03 Jan 0.95 0.96 5.90 0.70 6.50 0.28 1.03 N. Africa 7/ Dec 15.46 18.87 27.40 2.25 46.75 0.89 14.09 Jan 15.46 18.87 27.40 2.25 46.75 0.99 13.99 Nigeria Dec 0.20 0.06 5.10 0.05 4.76 0.40 0.20 Jan 0.20 0.06 5.10 0.05 4.76 0.40 0.20 Sel. Mideast 8/ Dec 11.77 22.68 17.29 3.82 39.04 0.72 11.98 Jan 11.77 22.68 17.49 3.82 39.14 0.77 12.03 Southeast Asia 9/ Dec 4.92 0.00 27.10 8.04 25.82 1.07 5.14 Jan 4.92 0.00 26.80 7.84 25.62 1.07 5.04 India Dec 16.99 102.19 0.02 6.00 98.00 0.50 20.70 Jan 16.99 102.19 0.02 6.00 98.00 0.50 20.70 Kazakhstan Dec 1.68 11.50 0.06 1.80 6.60 5.20 1.44 Jan 1.68 11.50 0.13 1.80 6.60 5.20 1.51 ================================================================================ WASDE - 596 - 20 January 2020 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 ================================================================================ 2017/18 World 3/ 385.63 1361.36 187.78 834.95 1376.07 185.23 370.92 World Less China 162.13 1095.64 171.35 637.40 1093.47 185.16 147.94 United States 62.17 384.39 2.93 138.85 324.40 67.16 57.92 Total Foreign 323.46 976.97 184.85 696.10 1051.67 118.07 313.00 Major Exporters 4/ 38.41 252.15 3.66 125.39 169.42 97.68 27.12 Argentina 6.70 39.32 0.01 11.98 17.61 24.91 3.50 Australia 2.65 12.19 0.00 3.94 5.81 6.74 2.29 Brazil 14.49 85.06 1.46 56.70 67.18 24.16 9.67 Canada 5.56 26.24 1.74 15.90 23.20 5.78 4.57 Russia 2.06 41.72 0.13 21.57 31.02 11.52 1.37 Ukraine 3.01 34.07 0.05 8.44 11.82 22.50 2.81 Major Importers 5/ 38.21 245.11 133.71 283.62 367.84 10.01 39.18 European Union 6/ 15.11 152.12 19.40 120.85 162.37 7.92 16.35 Japan 1.69 0.19 17.58 13.67 17.66 0.00 1.80 Mexico 6.00 33.19 16.36 29.20 48.41 0.96 6.18 N. Afr & Mideast 7/ 7.13 29.07 39.13 59.33 67.45 0.13 7.76 Saudi Arabia 2.54 0.26 11.99 12.28 12.70 0.00 2.08 Southeast Asia 8/ 3.29 30.00 14.54 36.27 44.49 1.01 2.34 South Korea 1.77 0.20 10.19 7.80 10.31 0.00 1.86 Selected Other China 223.49 265.72 16.43 197.55 282.60 0.06 222.98 2018/19 Est. World 3/ 370.91 1395.36 192.58 848.04 1418.93 212.43 347.34 World Less China 147.94 1130.84 182.04 652.59 1131.56 212.36 136.75 United States 57.92 377.91 2.64 143.18 323.05 54.94 60.47 Total Foreign 313.00 1017.45 189.94 704.85 1095.88 157.48 286.87 Major Exporters 4/ 27.12 292.58 5.65 124.68 169.57 134.78 21.01 Argentina 3.50 59.22 0.01 12.48 18.34 39.57 4.82 Australia 2.29 10.93 0.00 4.59 6.66 4.19 2.38 Brazil 9.67 104.33 2.16 58.15 69.18 42.04 4.94 Canada 4.57 26.19 2.69 16.19 24.14 5.97 3.34 Russia 1.37 35.00 0.05 18.80 27.37 7.84 1.22 Ukraine 2.81 44.50 0.06 7.93 11.11 34.07 2.20 Major Importers 5/ 39.18 243.03 142.74 294.83 379.52 10.32 35.11 European Union 6/ 16.35 147.91 26.41 126.60 168.57 8.82 13.28 Japan 1.80 0.18 17.73 13.77 17.88 0.00 1.83 Mexico 6.18 33.40 17.41 31.27 50.51 0.72 5.76 N. Afr & Mideast 7/ 7.76 31.08 38.82 61.98 70.11 0.10 7.46 Saudi Arabia 2.08 0.29 10.17 10.65 11.10 0.00 1.45 Southeast Asia 8/ 2.34 29.88 16.64 37.49 45.52 0.68 2.65 South Korea 1.86 0.20 10.96 8.54 11.08 0.00 1.94 Selected Other China 222.98 264.51 10.54 195.45 287.37 0.07 210.59 ================================================================================ WASDE - 596 - 21 January 2020 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 ================================================================================ 2019/20 Proj. World 3/ Dec 346.37 1401.70 201.73 859.16 1416.59 201.08 331.48 Jan 347.34 1401.80 202.41 865.46 1421.44 201.03 327.70 World Less China Dec 134.69 1132.45 187.33 663.46 1122.74 201.02 130.06 Jan 136.75 1133.61 187.81 669.66 1127.49 200.97 128.32 United States Dec 57.77 360.82 3.39 139.88 319.70 49.91 52.37 Jan 60.47 361.19 3.39 145.94 325.10 48.26 51.69 Total Foreign Dec 288.60 1040.87 198.34 719.29 1096.89 151.17 279.10 Jan 286.87 1040.61 199.02 719.52 1096.34 152.77 276.01 Major Exporters 4/ Dec 21.72 301.63 3.05 126.73 171.82 130.73 23.85 Jan 21.01 301.82 3.05 126.49 171.43 131.43 23.02 Argentina Dec 4.99 57.62 0.01 13.01 19.45 36.71 6.46 Jan 4.82 57.62 0.01 13.01 19.45 36.91 6.09 Australia Dec 2.38 10.16 0.00 4.12 6.09 4.35 2.11 Jan 2.38 9.96 0.00 4.12 6.09 4.15 2.11 Brazil Dec 5.44 104.35 1.70 58.87 70.00 36.01 5.48 Jan 4.94 104.35 1.70 58.87 70.00 36.01 4.98 Canada Dec 3.34 28.56 1.03 16.07 23.43 5.76 3.74 Jan 3.34 28.56 1.03 16.07 23.43 5.76 3.74 Russia Dec 1.22 40.38 0.09 20.18 28.73 11.47 1.49 Jan 1.22 40.77 0.09 20.44 28.94 11.47 1.67 Ukraine Dec 2.15 46.04 0.03 7.81 11.16 34.94 2.12 Jan 2.20 46.04 0.03 7.31 10.56 35.64 2.07 Major Importers 5/ Dec 35.14 254.27 146.38 303.65 389.25 9.91 36.64 Jan 35.11 254.31 147.04 303.66 389.36 10.81 36.29 European Union 6/ Dec 13.28 159.00 22.01 126.60 169.17 8.33 16.79 Jan 13.28 159.04 21.91 125.85 168.52 9.23 16.48 Japan Dec 1.83 0.20 17.77 13.96 18.07 0.00 1.72 Jan 1.83 0.20 17.77 13.96 18.07 0.00 1.72 Mexico Dec 5.76 30.60 18.24 31.81 50.89 0.70 3.01 Jan 5.76 30.60 18.39 31.96 51.04 0.70 3.01 N. Afr & Mideast 7/ Dec 7.49 32.96 42.29 65.99 74.42 0.14 8.18 Jan 7.46 32.96 42.89 66.59 75.02 0.14 8.14 Saudi Arabia Dec 1.45 0.27 12.51 12.25 12.71 0.00 1.52 Jan 1.45 0.27 12.51 12.25 12.71 0.00 1.52 Southeast Asia 8/ Dec 2.65 30.96 18.26 39.96 48.11 0.74 3.03 Jan 2.65 30.96 18.27 39.97 48.12 0.74 3.03 South Korea Dec 1.94 0.20 10.91 8.55 11.14 0.00 1.92 Jan 1.94 0.20 10.91 8.55 11.14 0.00 1.92 China Dec 211.69 269.25 14.40 195.70 293.85 0.06 201.42 Jan 210.59 268.20 14.60 195.80 293.95 0.06 199.38 ================================================================================ WASDE - 596 - 22 January 2020 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2017/18 World 3/ 351.78 1079.91 149.93 672.31 1090.40 148.19 341.29 World Less China 128.76 820.84 146.47 485.31 827.40 148.17 118.77 United States 58.25 371.10 0.92 134.73 313.98 61.92 54.37 Total Foreign 293.53 708.82 149.02 537.58 776.42 86.27 286.93 Major Exporters 4/ 25.32 164.42 1.18 81.63 102.63 72.26 16.02 Argentina 5.27 32.00 0.01 8.50 12.40 22.47 2.41 Brazil 14.02 82.00 0.92 54.00 63.50 24.15 9.28 Russia 0.78 13.20 0.05 7.40 8.30 5.53 0.20 South Africa 3.70 13.10 0.17 6.83 12.23 2.07 2.67 Ukraine 1.55 24.12 0.04 4.90 6.20 18.04 1.47 Major Importers 5/ 21.93 126.08 88.35 154.80 208.95 3.71 23.71 Egypt 1.89 6.40 9.46 13.40 15.90 0.01 1.85 European Union 6/ 7.60 62.02 18.47 57.00 76.50 1.75 9.84 Japan 1.32 0.00 15.67 12.00 15.60 0.00 1.39 Mexico 5.41 27.57 16.13 24.30 42.50 0.96 5.65 Southeast Asia 7/ 3.28 29.95 14.20 36.20 44.10 1.00 2.33 South Korea 1.76 0.07 10.02 7.70 10.00 0.00 1.85 Selected Other 0.00 Canada 2.57 14.10 1.67 8.84 13.99 1.94 2.42 China 223.02 259.07 3.46 187.00 263.00 0.02 222.53 2018/19 Est. World 3/ 341.29 1122.46 162.76 700.62 1143.37 181.43 320.39 World Less China 118.77 865.13 158.28 509.62 869.37 181.41 110.07 United States 54.37 364.26 0.71 137.98 310.47 52.46 56.41 Total Foreign 286.93 758.20 162.05 562.64 832.89 128.97 263.98 Major Exporters 4/ 16.02 211.02 2.18 83.80 105.75 112.19 11.28 Argentina 2.41 51.00 0.01 9.70 13.80 36.00 3.61 Brazil 9.28 101.00 1.50 55.20 65.20 42.00 4.58 Russia 0.20 11.42 0.04 7.60 8.50 2.77 0.38 South Africa 2.67 11.80 0.60 6.50 12.20 1.10 1.77 Ukraine 1.47 35.81 0.04 4.80 6.05 30.32 0.94 Major Importers 5/ 23.71 128.60 98.91 170.30 224.90 5.03 21.29 Egypt 1.85 6.80 9.37 13.70 16.20 0.00 1.81 European Union 6/ 9.84 64.22 25.21 68.00 88.00 3.63 7.63 Japan 1.39 0.00 16.05 12.30 16.00 0.00 1.44 Mexico 5.65 27.60 16.66 25.90 44.10 0.72 5.09 Southeast Asia 7/ 2.33 29.83 16.26 37.40 45.10 0.68 2.64 South Korea 1.85 0.08 10.86 8.50 10.85 0.00 1.93 Selected Other 0.00 Canada 2.42 13.89 2.63 9.37 15.16 1.80 1.98 China 222.53 257.33 4.48 191.00 274.00 0.02 210.32 ================================================================================ WASDE - 596 - 23 January 2020 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 ================================================================================ 2019/20 Proj. World 3/ Dec 319.17 1108.62 167.56 696.32 1127.23 166.64 300.56 Jan 320.39 1110.84 167.42 703.92 1133.41 165.64 297.81 World Less China Dec 107.85 847.85 160.56 507.32 849.23 166.62 99.49 Jan 110.07 850.07 160.42 513.92 854.41 165.62 98.74 United States Dec 53.71 347.01 1.27 133.99 306.47 46.99 48.53 Jan 56.41 347.78 1.27 140.34 312.31 45.09 48.07 Total Foreign Dec 265.46 761.61 166.29 562.33 820.76 119.65 252.03 Jan 263.98 763.05 166.15 563.58 821.11 120.55 249.74 Major Exporters 4/ Dec 11.83 214.50 1.17 84.70 107.30 106.70 13.50 Jan 11.28 215.00 1.17 84.60 107.15 107.20 13.10 Argentina Dec 3.61 50.00 0.01 10.30 15.00 33.50 5.12 Jan 3.61 50.00 0.01 10.30 15.00 33.50 5.12 Brazil Dec 5.08 101.00 1.00 56.00 66.00 36.00 5.08 Jan 4.58 101.00 1.00 56.00 66.00 36.00 4.58 Russia Dec 0.38 14.00 0.04 7.50 8.40 5.70 0.32 Jan 0.38 14.50 0.04 7.80 8.75 5.70 0.47 South Africa Dec 1.87 14.00 0.10 6.60 12.30 1.50 2.17 Jan 1.77 14.00 0.10 6.60 12.30 1.50 2.07 Ukraine Dec 0.89 35.50 0.02 4.30 5.60 30.00 0.81 Jan 0.94 35.50 0.02 3.90 5.10 30.50 0.86 Major Importers 5/ Dec 21.32 127.03 97.40 168.00 223.05 3.44 19.26 Jan 21.29 127.47 97.40 168.00 223.05 3.84 19.27 Egypt Dec 1.84 6.40 9.90 14.20 16.70 0.01 1.43 Jan 1.81 6.40 9.90 14.20 16.70 0.01 1.40 European Union 6/ Dec 7.63 64.56 21.00 62.00 82.50 2.00 8.69 Jan 7.63 65.00 21.00 62.00 82.50 2.40 8.73 Japan Dec 1.44 0.00 16.00 12.40 16.10 0.00 1.34 Jan 1.44 0.00 16.00 12.40 16.10 0.00 1.34 Mexico Dec 5.09 25.00 17.50 26.50 44.50 0.70 2.39 Jan 5.09 25.00 17.50 26.50 44.50 0.70 2.39 Southeast Asia 7/ Dec 2.64 30.91 17.90 39.90 47.70 0.73 3.02 Jan 2.64 30.91 17.90 39.90 47.70 0.73 3.02 South Korea Dec 1.93 0.08 10.80 8.50 10.90 0.00 1.91 Jan 1.93 0.08 10.80 8.50 10.90 0.00 1.91 Canada Dec 1.98 13.40 1.00 8.30 13.50 1.30 1.58 Jan 1.98 13.40 1.00 8.30 13.50 1.30 1.58 China Dec 211.32 260.77 7.00 189.00 278.00 0.02 201.07 Jan 210.32 260.77 7.00 190.00 279.00 0.02 199.07 ================================================================================ WASDE - 596 - 24 January 2020 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 ================================================================================ 2017/18 World 3/ 149.95 494.80 46.70 482.11 47.24 162.64 World Less China 51.45 345.92 41.20 339.62 45.85 53.64 United States 1.46 5.66 0.87 4.30 2.76 0.93 Total Foreign 148.48 489.14 45.83 477.81 44.47 161.71 Major Exporters 4/ 27.64 181.69 0.76 144.77 36.45 28.88 Burma 0.55 13.20 0.01 10.20 2.75 0.81 India 20.55 112.76 0.00 98.67 12.04 22.60 Pakistan 1.34 7.50 0.00 3.40 4.01 1.42 Thailand 4.24 20.58 0.25 11.00 11.06 3.01 Vietnam 0.97 27.66 0.50 21.50 6.59 1.03 Major Importers 5/ 108.70 241.11 21.35 248.08 1.82 121.25 China 98.50 148.87 5.50 142.49 1.39 109.00 European Union 6/ 1.19 2.03 2.01 3.70 0.35 1.18 Indonesia 2.92 37.00 2.35 38.10 0.00 4.16 Nigeria 1.86 4.73 2.00 6.90 0.00 1.69 Philippines 2.00 12.24 1.30 13.25 0.00 2.29 Sel. Mideast 7/ 0.86 2.22 3.62 5.80 0.00 0.91 Selected Other 0.00 Brazil 0.63 8.20 0.56 7.75 1.15 0.49 C. Amer & Carib 8/ 0.68 1.64 1.66 3.27 0.04 0.68 Egypt 1.43 4.30 0.09 4.20 0.05 1.56 Japan 2.41 7.79 0.69 8.60 0.06 2.22 Mexico 0.17 0.18 0.81 0.92 0.10 0.15 South Korea 2.00 3.97 0.40 4.75 0.06 1.56 2018/19 Est. World 3/ 162.64 499.16 43.46 487.41 44.14 174.39 World Less China 53.64 350.67 40.76 344.44 41.34 59.97 United States 0.93 7.11 0.92 4.57 2.97 1.42 Total Foreign 161.71 492.05 42.54 482.85 41.17 172.96 Major Exporters 4/ 28.88 185.00 0.66 145.87 32.25 36.42 Burma 0.81 13.18 0.01 10.40 2.50 1.10 India 22.60 116.42 0.00 99.02 10.50 29.50 Pakistan 1.42 7.30 0.00 3.30 4.50 0.92 Thailand 3.01 20.34 0.25 11.80 7.90 3.90 Vietnam 1.03 27.77 0.40 21.35 6.85 1.00 Major Importers 5/ 121.25 241.89 16.07 249.68 3.23 126.31 China 109.00 148.49 2.70 142.97 2.80 114.42 European Union 6/ 1.18 1.96 2.10 3.79 0.32 1.13 Indonesia 4.16 36.70 0.30 37.90 0.00 3.26 Nigeria 1.69 4.79 1.90 7.00 0.00 1.38 Philippines 2.29 11.73 3.57 14.10 0.00 3.49 Sel. Mideast 7/ 0.91 2.01 3.75 5.87 0.00 0.80 Selected Other 0.00 Brazil 0.49 7.14 0.90 7.50 0.80 0.23 C. Amer & Carib 8/ 0.68 1.68 1.84 3.49 0.03 0.67 Egypt 1.56 2.80 0.90 4.15 0.02 1.09 Japan 2.22 7.66 0.69 8.50 0.06 2.01 Mexico 0.15 0.19 0.76 0.92 0.03 0.15 South Korea 1.56 3.87 0.41 4.71 0.10 1.02 ================================================================================ WASDE - 596 - 25 January 2020 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 ================================================================================ 2019/20 Proj. World 3/ Dec 173.23 498.40 43.52 493.83 45.67 177.80 Jan 174.39 496.67 43.10 494.00 45.59 177.05 World Less China Dec 58.68 351.67 41.12 350.83 42.37 60.42 Jan 59.97 349.94 40.70 351.00 42.29 59.80 United States Dec 1.42 5.97 0.94 4.16 3.10 1.08 Jan 1.42 5.86 0.96 4.22 3.11 0.91 Total Foreign Dec 171.81 492.43 42.58 489.67 42.58 176.73 Jan 172.96 490.80 42.14 489.78 42.48 176.14 Major Exporters 4/ Dec 35.09 184.60 0.66 149.10 33.50 37.75 Jan 36.42 182.60 0.66 149.35 33.30 37.03 Burma Dec 1.10 13.30 0.01 10.55 2.60 1.26 Jan 1.10 13.30 0.01 10.55 2.60 1.26 India Dec 28.02 115.00 0.00 102.00 11.50 29.52 Jan 29.50 115.00 0.00 102.50 11.80 30.20 Pakistan Dec 1.27 7.50 0.00 3.55 4.00 1.22 Jan 0.92 7.50 0.00 3.30 4.40 0.72 Thailand Dec 3.70 20.50 0.25 11.50 8.40 4.55 Jan 3.90 18.50 0.25 11.50 7.50 3.65 Vietnam Dec 1.00 28.30 0.40 21.50 7.00 1.20 Jan 1.00 28.30 0.40 21.50 7.00 1.20 Major Importers 5/ Dec 126.58 241.33 15.48 250.73 3.71 128.95 Jan 126.31 241.68 15.04 250.43 3.71 128.89 China Dec 114.55 146.73 2.40 143.00 3.30 117.38 Jan 114.42 146.73 2.40 143.00 3.30 117.25 European Union 6/ Dec 1.13 2.00 2.05 3.80 0.30 1.09 Jan 1.13 2.00 2.05 3.80 0.30 1.09 Indonesia Dec 3.26 36.50 1.40 38.10 0.00 3.06 Jan 3.26 36.50 1.00 37.70 0.00 3.06 Nigeria Dec 1.38 4.90 1.80 7.00 0.00 1.08 Jan 1.38 4.90 1.80 7.00 0.00 1.08 Philippines Dec 3.49 12.00 2.70 14.40 0.00 3.79 Jan 3.49 12.00 2.70 14.40 0.00 3.79 Sel. Mideast 7/ Dec 0.80 2.29 3.68 6.08 0.00 0.69 Jan 0.80 2.29 3.68 6.08 0.00 0.69 Brazil Dec 0.23 7.14 1.10 7.60 0.50 0.37 Jan 0.23 7.14 1.10 7.50 0.60 0.37 C. Amer & Carib 8/ Dec 0.67 1.55 2.00 3.54 0.03 0.65 Jan 0.67 1.55 2.00 3.54 0.03 0.65 Egypt Dec 1.09 4.30 0.30 4.35 0.10 1.24 Jan 1.09 4.30 0.30 4.35 0.10 1.24 Japan Dec 2.01 7.80 0.69 8.40 0.07 2.03 Jan 2.01 7.80 0.69 8.40 0.07 2.03 Mexico Dec 0.15 0.20 0.79 0.93 0.02 0.19 Jan 0.15 0.20 0.79 0.93 0.02 0.19 South Korea Dec 1.02 3.74 0.41 4.40 0.06 0.72 Jan 1.02 3.74 0.41 4.40 0.06 0.72 ================================================================================ WASDE - 596 - 26 January 2020 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2017/18 World 80.29 123.78 41.16 122.76 41.51 0.12 80.84 World Less China 34.37 96.28 35.45 81.76 41.38 0.12 42.85 United States 2.75 20.92 3/ 3.23 16.28 -0.03 4.20 Total Foreign 77.54 102.86 41.16 119.54 25.24 0.15 76.64 Major Exporters 4/ 21.90 57.10 2.47 32.75 21.86 0.02 26.84 Central Asia 5/ 2.18 6.50 3/ 3.38 2.63 0.00 2.67 Afr. Fr. Zone 6/ 1.46 5.44 3/ 0.14 5.06 0.00 1.70 S. Hemis. 7/ 10.18 15.70 0.24 4.44 8.65 0.01 13.01 Australia 2.19 4.80 3/ 0.04 3.92 0.00 3.04 Brazil 6.93 9.22 0.08 3.40 4.17 0.00 8.66 India 7.88 29.00 1.68 24.15 5.18 0.00 9.23 Major Importers 8/ 54.18 42.93 36.05 82.74 2.35 0.12 47.95 Mexico 0.45 1.56 0.93 1.90 0.35 0.03 0.66 China 45.92 27.50 5.71 41.00 0.14 0.00 37.99 European Union 9/ 0.19 1.53 0.73 0.75 1.37 0.04 0.30 Turkey 1.53 4.00 4.02 7.45 0.33 0.00 1.78 Pakistan 2.32 8.20 3.40 10.90 0.16 0.03 2.83 Indonesia 0.62 3/ 3.52 3.50 0.01 0.00 0.63 Thailand 0.20 3/ 1.15 1.13 0.00 0.03 0.20 Bangladesh 1.63 0.14 7.60 7.50 0.00 0.01 1.86 Vietnam 0.88 3/ 7.00 6.60 0.00 0.00 1.29 2018/19 Est. World 80.84 118.14 42.20 120.19 41.34 0.12 79.53 World Less China 42.85 90.39 32.56 80.69 41.13 0.12 43.86 United States 4.20 18.37 3/ 2.98 14.76 -0.02 4.85 Total Foreign 76.64 99.77 42.20 117.21 26.58 0.14 74.68 Major Exporters 4/ 26.84 54.18 2.50 32.99 22.37 0.02 28.13 Central Asia 5/ 2.67 5.44 3/ 3.80 2.01 0.00 2.31 Afr. Fr. Zone 6/ 1.70 5.41 3/ 0.14 5.55 0.00 1.42 S. Hemis. 7/ 13.01 16.89 0.18 4.39 10.86 0.01 14.81 Australia 3.04 2.20 3/ 0.04 3.63 0.00 1.57 Brazil 8.66 12.52 0.02 3.40 6.02 0.00 11.78 India 9.23 25.80 1.80 24.00 3.51 0.00 9.31 Major Importers 8/ 47.95 42.65 37.16 80.06 2.99 0.11 44.60 Mexico 0.66 1.74 0.85 1.95 0.50 0.03 0.77 China 37.99 27.75 9.64 39.50 0.21 0.00 35.67 European Union 9/ 0.30 1.72 0.64 0.69 1.72 0.03 0.23 Turkey 1.78 3.70 3.50 6.90 0.48 0.00 1.59 Pakistan 2.83 7.60 2.85 10.70 0.06 0.03 2.50 Indonesia 0.63 3/ 3.05 3.15 0.01 0.00 0.53 Thailand 0.20 3/ 1.08 1.08 0.00 0.03 0.18 Bangladesh 1.86 0.14 6.90 7.30 0.00 0.01 1.58 Vietnam 1.29 3/ 6.90 7.00 0.00 0.00 1.19 ================================================================================ WASDE - 596 - 27 January 2020 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2019/20 Proj. World Dec 79.69 121.11 44.38 120.27 44.40 0.19 80.32 Jan 79.53 120.48 43.83 120.22 43.85 0.19 79.59 World Less China Dec 44.02 93.86 35.38 81.77 44.22 0.19 47.08 Jan 43.86 93.23 35.33 81.72 43.67 0.19 46.85 United States Dec 4.85 20.21 0.01 3.00 16.50 0.06 5.50 Jan 4.85 20.10 0.01 3.00 16.50 0.06 5.40 Total Foreign Dec 74.84 100.90 44.38 117.27 27.90 0.13 74.82 Jan 74.68 100.38 43.83 117.22 27.35 0.13 74.19 Major Exporters 4/ Dec 28.08 57.12 2.88 33.85 23.40 0.02 30.82 Jan 28.13 56.91 2.88 34.05 22.85 0.02 31.00 Central Asia 5/ Dec 2.31 5.86 3/ 4.14 1.89 0.00 2.14 Jan 2.31 5.86 3/ 4.34 1.69 0.00 2.14 Afr. Fr. Zone 6/ Dec 1.37 5.91 3/ 0.14 5.68 0.00 1.46 Jan 1.42 5.87 3/ 0.14 5.68 0.00 1.47 S. Hemis. 7/ Dec 14.81 15.37 0.18 4.38 11.54 0.01 14.44 Jan 14.81 15.19 0.18 4.38 11.39 0.01 14.41 Australia Dec 1.57 0.85 3/ 0.04 1.50 0.00 0.89 Jan 1.57 0.68 3/ 0.04 1.35 0.00 0.86 Brazil Dec 11.78 12.50 0.03 3.40 8.80 0.00 12.10 Jan 11.78 12.50 0.03 3.40 8.80 0.00 12.10 India Dec 9.31 29.50 2.20 24.50 4.00 0.00 12.51 Jan 9.31 29.50 2.20 24.50 3.80 0.00 12.71 Major Importers 8/ Dec 44.80 40.73 38.92 79.22 2.94 0.11 42.17 Jan 44.60 40.42 38.37 78.97 2.94 0.11 41.36 Mexico Dec 0.77 1.58 0.85 2.00 0.45 0.03 0.72 Jan 0.77 1.57 0.80 1.95 0.45 0.03 0.71 China Dec 35.67 27.25 9.00 38.50 0.18 0.00 33.25 Jan 35.67 27.25 8.50 38.50 0.18 0.00 32.75 European Union 9/ Dec 0.23 1.96 0.65 0.69 1.86 0.03 0.26 Jan 0.23 1.96 0.65 0.69 1.86 0.03 0.26 Turkey Dec 1.59 3.60 4.00 7.10 0.35 0.00 1.74 Jan 1.59 3.40 4.10 7.10 0.35 0.00 1.64 Pakistan Dec 2.50 6.20 4.20 10.60 0.10 0.03 2.17 Jan 2.50 6.10 4.30 10.60 0.10 0.03 2.17 Indonesia Dec 0.53 3/ 3.10 3.10 0.01 0.00 0.53 Jan 0.53 3/ 3.10 3.10 0.01 0.00 0.53 Thailand Dec 0.18 3/ 1.00 1.00 0.00 0.03 0.15 Jan 0.18 3/ 1.00 1.00 0.00 0.03 0.15 Bangladesh Dec 1.78 0.14 7.30 7.40 0.00 0.01 1.81 Jan 1.58 0.14 7.20 7.30 0.00 0.01 1.61 Vietnam Dec 1.19 3/ 7.20 7.20 0.00 0.00 1.19 Jan 1.19 3/ 7.10 7.10 0.00 0.00 1.19 ================================================================================ WASDE - 596 - 28 January 2020 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2017/18 World 2/ 95.03 341.99 153.27 294.90 338.33 153.07 98.89 World Less China 74.91 326.71 59.17 204.90 232.03 152.93 75.83 United States 8.21 120.07 0.59 55.93 58.87 58.07 11.92 Total Foreign 86.82 221.93 152.67 238.97 279.46 94.99 86.97 Major Exporters 3/ 60.41 171.61 4.89 85.08 94.17 85.55 57.19 Argentina 27.00 37.80 4.70 36.93 43.63 2.13 23.73 Brazil 33.21 122.00 0.18 44.21 46.51 76.14 32.74 Paraguay 0.20 10.48 0.01 3.87 3.95 6.03 0.71 Major Importers 4/ 22.79 19.19 124.49 116.06 140.35 0.43 25.69 China 20.12 15.28 94.10 90.00 106.30 0.13 23.06 European Union 1.15 2.54 14.58 14.95 16.60 0.28 1.40 Southeast Asia 1.15 0.69 7.68 3.46 8.64 0.02 0.86 Mexico 0.15 0.43 4.87 5.25 5.29 0.00 0.17 2018/19 Est. World 2/ 98.89 358.28 145.95 298.34 343.62 149.22 110.28 World Less China 75.83 342.31 63.41 213.34 241.62 149.11 90.82 United States 11.92 120.52 0.38 56.94 60.52 47.56 24.74 Total Foreign 86.97 237.76 145.57 241.40 283.10 101.66 85.54 Major Exporters 3/ 57.19 183.98 6.56 87.07 96.18 92.30 59.25 Argentina 23.73 55.30 6.41 40.57 47.45 9.10 28.89 Brazil 32.74 117.00 0.14 42.53 44.67 74.95 30.26 Paraguay 0.71 8.85 0.01 3.90 3.98 5.50 0.09 Major Importers 4/ 25.69 19.84 115.44 113.55 138.73 0.33 21.91 China 23.06 15.97 82.54 85.00 102.00 0.12 19.46 European Union 1.40 2.66 15.00 16.15 17.81 0.18 1.08 Southeast Asia 0.86 0.66 8.69 3.85 9.19 0.04 0.97 Mexico 0.17 0.34 5.91 6.15 6.20 0.00 0.22 2019/20 Proj. World 2/ Dec 109.80 337.48 147.94 302.83 349.67 149.15 96.40 Jan 110.28 337.70 147.95 303.58 350.11 149.15 96.67 World Less China Dec 90.41 319.38 62.94 218.33 247.47 149.02 76.23 Jan 90.82 319.60 62.95 218.58 247.41 149.02 76.94 United States Dec 24.85 96.62 0.54 57.29 60.78 48.31 12.92 Jan 24.74 96.84 0.41 57.29 60.77 48.31 12.92 Total Foreign Dec 84.95 240.86 147.39 245.54 288.89 100.84 83.47 Jan 85.54 240.86 147.54 246.29 289.35 100.84 83.76 Major Exporters 3/ Dec 58.75 188.40 4.11 92.33 102.30 92.53 56.43 Jan 59.25 188.40 4.06 92.33 102.00 92.53 57.18 Argentina Dec 28.89 53.00 3.90 44.60 51.70 8.20 25.89 Jan 28.89 53.00 3.90 44.60 51.70 8.20 25.89 Brazil Dec 29.76 123.00 0.20 43.75 46.54 76.00 30.42 Jan 30.26 123.00 0.15 43.75 46.24 76.00 31.17 Paraguay Dec 0.09 10.20 0.01 3.90 3.98 6.20 0.11 Jan 0.09 10.20 0.01 3.90 3.98 6.20 0.11 Major Importers 4/ Dec 21.82 21.83 118.64 112.84 138.93 0.42 22.93 Jan 21.91 21.83 118.84 113.59 139.69 0.42 22.47 China Dec 19.39 18.10 85.00 84.50 102.20 0.13 20.16 Jan 19.46 18.10 85.00 85.00 102.70 0.13 19.73 European Union Dec 1.08 2.60 15.20 15.90 17.56 0.25 1.07 Jan 1.08 2.60 15.20 15.90 17.56 0.25 1.07 Southeast Asia Dec 0.97 0.64 9.29 4.06 9.61 0.04 1.25 Jan 0.97 0.64 9.29 4.06 9.61 0.04 1.25 Mexico Dec 0.19 0.24 5.80 5.95 6.00 0.00 0.23 Jan 0.22 0.24 6.00 6.20 6.25 0.00 0.20 ================================================================================ WASDE - 596 - 29 January 2020 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2017/18 World 2/ 14.03 232.67 60.13 228.68 64.85 13.30 World Less China 14.03 161.39 60.10 158.58 63.65 13.30 United States 0.36 44.66 0.44 32.24 12.72 0.50 Total Foreign 13.67 188.01 59.69 196.44 52.13 12.80 Major Exporters 3/ 7.30 68.86 0.03 25.05 44.16 6.99 Argentina 3.34 28.40 0.00 3.00 26.27 2.48 Brazil 3.32 34.30 0.02 17.31 16.03 4.30 India 0.65 6.16 0.01 4.74 1.86 0.22 Major Importers 4/ 1.84 20.48 38.70 58.86 0.66 1.50 European Union 0.49 11.81 18.35 30.04 0.40 0.21 Mexico 0.04 4.15 1.82 5.95 0.02 0.04 Southeast Asia 5/ 1.22 2.70 16.80 19.42 0.25 1.06 2018/19 Est. World 2/ 13.30 234.16 63.31 230.93 67.52 12.32 World Less China 13.30 166.84 63.29 164.53 66.58 12.32 United States 0.50 44.28 0.62 32.74 12.30 0.37 Total Foreign 12.80 189.88 62.69 198.19 55.22 11.96 Major Exporters 3/ 6.99 71.84 0.07 26.02 47.01 5.87 Argentina 2.48 31.20 0.00 3.10 28.83 1.74 Brazil 4.30 32.96 0.02 17.64 15.98 3.66 India 0.22 7.68 0.05 5.28 2.20 0.47 Major Importers 4/ 1.50 22.43 39.67 61.16 0.60 1.84 European Union 0.21 12.76 18.70 30.89 0.37 0.41 Mexico 0.04 4.86 1.93 6.63 0.01 0.20 Southeast Asia 5/ 1.06 3.00 17.41 20.17 0.22 1.10 2019/20 Proj. World 2/ Dec 11.61 238.00 64.61 235.47 67.81 10.95 Jan 12.32 238.60 64.64 235.81 67.80 11.94 World Less China Dec 11.61 171.08 64.56 169.39 66.91 10.95 Jan 12.32 171.28 64.59 169.39 66.85 11.94 United States Dec 0.37 44.90 0.45 33.38 11.98 0.36 Jan 0.37 44.90 0.45 33.38 11.98 0.36 Total Foreign Dec 11.24 193.10 64.16 202.08 55.83 10.58 Jan 11.96 193.70 64.18 202.43 55.83 11.58 Major Exporters 3/ Dec 5.37 74.65 0.08 27.21 47.70 5.19 Jan 5.87 74.65 0.08 26.91 47.70 5.99 Argentina Dec 1.74 34.30 0.00 3.28 30.85 1.91 Jan 1.74 34.30 0.00 3.28 30.85 1.91 Brazil Dec 3.16 33.95 0.03 18.58 15.40 3.16 Jan 3.66 33.95 0.03 18.28 15.40 3.96 India Dec 0.47 6.40 0.05 5.35 1.45 0.12 Jan 0.47 6.40 0.05 5.35 1.45 0.12 Major Importers 4/ Dec 1.71 22.26 40.55 62.12 0.60 1.80 Jan 1.84 22.46 40.55 62.34 0.59 1.92 European Union Dec 0.41 12.56 19.00 31.19 0.35 0.42 Jan 0.41 12.56 19.00 31.19 0.35 0.42 Mexico Dec 0.06 4.70 1.98 6.65 0.02 0.08 Jan 0.20 4.90 1.98 6.88 0.01 0.20 Southeast Asia 5/ Dec 1.10 3.17 17.89 20.78 0.23 1.15 Jan 1.10 3.17 17.89 20.78 0.23 1.15 ================================================================================ WASDE - 596 - 30 January 2020 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2017/18 World 2/ 3.76 55.15 9.82 54.71 10.54 3.48 World Less China 3.09 39.02 9.34 38.21 10.32 2.92 United States 0.78 10.78 0.15 9.70 1.11 0.91 Total Foreign 2.98 44.36 9.67 45.01 9.43 2.58 Major Exporters 3/ 0.74 19.31 0.33 12.28 7.28 0.83 Argentina 0.28 7.24 0.00 3.08 4.16 0.27 Brazil 0.29 8.50 0.05 6.94 1.51 0.39 European Union 0.16 2.84 0.28 2.23 0.90 0.16 Major Importers 4/ 1.37 18.44 5.86 24.43 0.27 0.96 China 0.67 16.13 0.48 16.50 0.21 0.57 India 0.48 1.39 2.98 4.72 0.01 0.12 North Africa 5/ 0.13 0.70 1.53 2.13 0.06 0.18 2018/19 Est. World 2/ 3.48 55.85 10.64 55.33 11.05 3.59 World Less China 2.92 40.62 9.86 39.45 10.85 3.09 United States 0.91 10.98 0.18 10.37 0.88 0.81 Total Foreign 2.58 44.87 10.46 44.96 10.17 2.79 Major Exporters 3/ 0.83 19.88 0.47 12.37 7.84 0.97 Argentina 0.27 7.91 0.00 2.68 5.26 0.24 Brazil 0.39 8.16 0.05 7.19 1.08 0.33 European Union 0.16 3.07 0.42 2.46 0.79 0.40 Major Importers 4/ 0.96 18.00 6.39 24.14 0.26 0.94 China 0.57 15.23 0.78 15.89 0.20 0.50 India 0.12 1.73 3.10 4.81 0.01 0.13 North Africa 5/ 0.18 0.75 1.46 2.20 0.06 0.13 2019/20 Proj. World 2/ Dec 3.60 56.73 11.61 56.84 11.81 3.28 Jan 3.59 56.86 11.59 56.87 11.84 3.34 World Less China Dec 3.10 41.59 10.41 40.56 11.66 2.88 Jan 3.09 41.63 10.39 40.54 11.69 2.88 United States Dec 0.81 11.08 0.20 10.66 0.77 0.66 Jan 0.81 11.08 0.20 10.66 0.77 0.66 Total Foreign Dec 2.80 45.65 11.40 46.18 11.04 2.63 Jan 2.79 45.79 11.38 46.21 11.07 2.68 Major Exporters 3/ Dec 0.97 20.86 0.41 12.53 8.76 0.95 Jan 0.97 20.86 0.41 12.53 8.76 0.95 Argentina Dec 0.24 8.70 0.00 2.69 6.00 0.25 Jan 0.24 8.70 0.00 2.69 6.00 0.25 Brazil Dec 0.33 8.40 0.05 7.35 1.10 0.33 Jan 0.33 8.40 0.05 7.35 1.10 0.33 European Union Dec 0.40 3.02 0.35 2.46 0.95 0.37 Jan 0.40 3.02 0.35 2.46 0.95 0.37 Major Importers 4/ Dec 0.94 17.68 7.30 24.89 0.22 0.82 Jan 0.94 17.77 7.30 24.92 0.22 0.87 China Dec 0.50 15.14 1.20 16.29 0.15 0.41 Jan 0.50 15.23 1.20 16.33 0.15 0.46 India Dec 0.13 1.44 3.50 4.95 0.01 0.12 Jan 0.13 1.44 3.50 4.95 0.01 0.12 North Africa 5/ Dec 0.13 0.77 1.55 2.27 0.06 0.12 Jan 0.13 0.77 1.55 2.27 0.06 0.12 ================================================================================ WASDE - 596 - 31 January 2020 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 2018 Annual 26872 26315 53417 42601 5878 49018 102435 9115 217.6 2019 I 6414 6838 13308 10384 1446 11957 25264 2307 54.5 II 6814 6615 13487 10933 1450 12513 26000 2337 55.8 III 6923 6706 13683 11397 1453 12986 26669 2338 54.3 IV 7000 7480 14534 11125 1500 12747 27281 2398 53.8 DecProj. 27136 27694 55052 43839 5889 50246 105298 9364 218.6 Jan Est. 27151 27639 55011 43839 5849 50203 105214 9380 218.3 2020 I* 6495 7180 13731 10900 1445 12471 26202 2345 55.6 II* 7140 6850 14045 11350 1450 12937 26982 2365 56.8 III* 6880 6950 13884 11725 1465 13332 27216 2385 54.9 IV* 6925 7665 14649 11425 1550 13105 27754 2420 54.7 DecProj. 27515 28680 56423 45250 5925 51721 108144 9500 222.4 JanProj. 27440 28645 56309 45400 5910 51845 108154 9515 222.0 ================================================================================ U.S. Quarterly Prices for Animal Products ================================================================================ Year Barrows and Streers and gilts Broilers Turkeys Eggs Milk quarter 2/ 3/ 4/ 5/ 6/ 7/ ================================================================================ Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2018 Annual 117.12 45.93 97.8 80.2 137.6 16.27 2019 I 125.27 40.67 94.0 82.8 107.3 16.97 II 118.79 57.95 97.7 85.5 69.7 17.93 III 108.16 50.08 82.0 90.8 81.9 18.97 IV 114.88 43.11 80.6 97.8 117.2 20.50 DecProj. 117.00 48.00 88.5 89.0 94.0 18.60 Jan Est. 116.78 47.95 88.6 89.2 94.0 18.60 2020 I* 125.00 50.00 86.0 88.0 93.0 19.30 II* 118.00 56.00 95.0 90.0 78.0 19.15 III* 112.00 59.00 86.0 93.0 95.0 19.15 IV* 114.00 53.00 78.0 98.0 115.0 19.30 DecProj. 117 55 89 90 104 19.40 JanProj. 117.5 54.5 86.5 92.5 95.5 19.25 ================================================================================ WASDE - 596 - 32 January 2020 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 2018 649 26938 2998 30585 3161 662 26762 57.2 2019 Est. Dec 662 27202 3046 30910 3074 625 27211 57.8 Jan 662 27217 3061 30940 3024 640 27276 58.0 2020 Proj. Dec 625 27581 2880 31086 3305 625 27156 57.4 Jan 640 27506 2880 31026 3305 640 27081 57.2 Pork 2018 554 26330 1042 27926 5876 559 21491 50.9 2019 Est. Dec 559 27708 958 29225 6296 550 22378 52.7 Jan 559 27653 958 29170 6296 550 22323 52.6 2020 Proj. Dec 550 28694 915 30159 7100 580 22479 52.6 Jan 550 28659 885 30094 7100 580 22414 52.5 TotalRed Meat5/ 2018 1246 53507 4313 59066 9043 1266 48757 109.5 2019 Est. Dec 1266 55142 4260 60667 9376 1218 50074 111.8 Jan 1266 55101 4282 60648 9325 1237 50087 111.8 2020 Proj. Dec 1218 56513 4036 61766 10412 1245 50110 111.3 Jan 1237 56399 4010 61645 10412 1268 49966 110.9 Broiler 2018 856 42145 139 43140 7069 845 35227 92.4 2019 Est. Dec 845 43370 132 44347 7040 910 36397 94.9 Jan 845 43370 129 44344 7105 940 36299 94.7 2020 Proj. Dec 910 44766 134 45810 7425 910 37475 97.1 Jan 940 44914 134 45988 7425 945 37618 97.5 Turkey 2018 310 5878 19 6206 611 303 5293 16.2 2019 Est. Dec 303 5889 13 6205 639 260 5306 16.1 Jan 303 5849 12 6164 646 245 5273 16.0 2020 Proj. Dec 260 5925 12 6197 680 285 5232 15.8 Jan 245 5910 12 6167 680 260 5227 15.8 Total Poultry6/ 2018 1170 48562 160 49892 7764 1153 40975 110.0 2019 Est. Dec 1153 49776 148 51077 7762 1176 42139 112.3 Jan 1153 49733 144 51030 7831 1190 42009 112.0 2020 Proj. Dec 1176 51236 149 52561 8185 1203 43173 114.3 Jan 1190 51359 149 52698 8185 1211 43302 114.7 RedMeat& Poultry 2018 2416 102069 4473 108958 16807 2419 89732 219.5 2019 Est. Dec 2419 104918 4408 111745 17139 2394 92213 224.2 Jan 2419 104834 4426 111679 17157 2427 92096 223.8 2020 Proj. Dec 2394 107749 4185 114328 18597 2448 93283 225.6 Jan 2427 107758 4159 114343 18597 2479 93268 225.6 ================================================================================ WASDE - 596 - 33 January 2020 U.S. Egg Supply and Use ================================================================================ 2017 2018 2019Proj. 2019 Est. 2020Proj. 2020Proj. Commodity Dec Jan Dec Jan ================================================================================ Million Dozen Eggs Supply BeginningStocks 142.2 87.5 78.8 78.8 104.0 104.0 Production 8942.7 9114.6 9363.6 9379.6 9500.0 9515.0 Imports 34.2 17.8 15.0 15.0 16.0 16.0 Total Supply 9119.1 9220.0 9457.4 9473.4 9620.0 9635.0 Use Exports 354.9 333.1 326.7 331.7 310.0 310.0 Hatching Use 1035.2 1057.5 1079.9 1079.9 1110.0 1110.0 Ending Stocks 87.5 78.8 104.0 104.0 115.0 115.0 Disappearance Total 7641.5 7750.6 7946.9 7957.9 8085.0 8100.0 Per Capita (number) 281.8 284.0 289.5 289.9 292.8 293.3 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2017 2018 2019Proj. 2019 Est. 2020Proj. 2020Proj. Commodity Dec Jan Dec Jan ================================================================================ Billion Pounds Milk Production 215.5 217.6 218.6 218.3 222.4 222.0 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 12.7 13.4 13.8 13.8 13.8 13.7 Marketings 214.5 216.6 217.6 217.3 221.4 221.0 Imports 6.0 6.3 7.1 7.1 6.4 6.3 Total Cml. Supply 233.2 236.3 238.5 238.1 241.6 241.0 Commercial Exports 9.2 10.4 9.0 9.1 9.3 9.4 Ending Commercial Stocks 13.4 13.8 13.8 13.7 13.3 13.4 CCC Donations 0.0 0.0 0.2 0.2 0.3 0.3 Domestic Commercial Use 210.6 212.1 215.5 215.0 218.7 218.0 Beg.CommercialStocks 9.5 11.8 10.7 10.7 10.6 10.3 Marketings 214.5 216.6 217.6 217.3 221.4 221.0 Imports 6.1 5.5 5.8 5.8 5.5 5.5 Total Cml. Supply 230.1 233.8 234.1 233.7 237.5 236.8 Commercial Exports 40.8 44.7 40.8 41.2 43.1 43.4 Ending Commercial Stocks 11.8 10.7 10.6 10.3 10.8 10.4 CCC Donations 0.0 0.0 0.2 0.2 0.1 0.1 Domestic Commercial Use 177.5 178.5 182.4 182.0 183.5 182.9 ================================================================================ WASDE - 596 - 34 January 2020 U.S. Dairy Prices ================================================================================ Commod- 2017 2018 2019 Proj. 2019 Est. 2020 Proj. 2020 Proj. ity Dec Jan Dec Jan ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.6344 1.5377 1.760 1.759 1.865 1.835 Butter 2.3303 2.2572 2.240 2.243 2.020 1.960 Nonfat Dry Milk 0.8666 0.7945 1.040 1.042 1.230 1.255 Dry Whey 0.4437 0.3422 0.380 0.380 0.345 0.340 Milk Prices 2/ Dollars Per Cwt ClassIII 16.17 14.61 16.95 16.96 17.65 17.35 Class IV 15.16 14.23 16.30 16.30 16.95 16.90 All Milk 3/ 17.65 16.27 18.60 18.60 19.40 19.25 ================================================================================ WASDE - 596 - 35 January 2020 Reliability of January 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 0.7 1.2 3.1 0.0 8.3 28 9 U.S. 0.1 0.3 0.1 0.0 0.3 15 11 Foreign 0.8 1.3 3.1 0.1 8.3 27 10 Exports World 5.2 8.9 5.2 0.1 18.4 29 8 U.S. 5.2 8.8 1.4 0.1 3.9 20 17 Foreign 6.3 10.7 5.0 0.3 18.0 31 6 Domestic Use World 1.2 2.0 5.2 0.1 14.7 22 15 U.S. 4.7 7.9 1.1 0.0 3.0 11 25 Foreign 1.2 2.0 5.2 0.6 14.8 24 13 Ending Stocks World 4.9 8.4 6.0 0.2 18.1 26 11 U.S. 8.9 15.2 1.5 0.0 4.6 22 14 Foreign 5.3 9.1 5.2 0.1 16.9 26 11 COARSE GRAINS 2/ Production World 1.4 2.3 11.7 0.0 37.7 27 10 U.S. 0.4 0.7 0.3 0.0 4.6 17 7 Foreign 1.9 3.3 11.6 0.0 37.6 26 11 Exports World 6.6 11.1 6.4 0.2 31.9 27 10 U.S. 12.0 20.4 4.7 0.2 13.3 18 19 Foreign 11.2 19.0 6.3 0.4 26.8 25 12 Domestic Use World 1.2 2.0 8.7 0.0 36.2 20 17 U.S. 3.0 5.1 3.9 0.1 18.8 16 21 Foreign 1.4 2.4 8.5 0.1 36.2 26 11 Ending Stocks World 11.2 19.0 15.1 0.6 136.0 31 6 U.S. 15.3 26.0 5.7 0.0 24.3 19 17 Foreign 14.3 24.3 13.4 0.1 143.4 30 7 RICE, milled Production World 1.7 2.8 4.9 0.0 13.9 31 5 U.S. 1.7 2.8 0.1 0.0 0.3 13 7 Foreign 1.7 2.8 4.9 0.1 13.9 32 5 Exports World 9.1 15.4 1.7 0.0 6.6 28 9 U.S. 7.6 12.9 0.2 0.0 0.6 19 16 Foreign 10.1 17.2 1.6 0.0 6.2 27 10 Domestic Use World 1.4 2.3 3.5 0.0 13.9 26 11 U.S. 7.8 13.2 0.2 0.0 0.5 16 21 Foreign 1.4 2.3 3.4 0.0 13.6 27 10 Ending Stocks World 9.6 16.3 5.2 0.5 26.6 31 6 U.S. 20.7 35.1 0.2 0.0 0.6 20 15 Foreign 9.8 16.6 5.2 0.2 26.5 31 6 ================================================================================ WASDE - 596 - 36 January 2020 Reliability of January 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 3.4 5.8 5.1 0.0 22.4 21 16 U.S. 1.4 2.4 0.6 0.0 2.5 16 16 Foreign 5.8 9.9 5.2 0.2 22.6 21 16 Exports World 6.8 11.5 3.0 0.1 12.2 24 13 U.S. 8.1 13.8 1.9 0.1 6.7 22 15 Foreign 17.4 29.6 2.7 0.0 11.8 18 19 Domestic Use World 2.6 4.5 3.6 0.1 13.0 20 17 U.S. 3.3 5.6 1.2 0.0 3.6 24 13 Foreign 3.2 5.5 3.3 0.2 12.7 21 16 Ending Stocks World 14.7 24.9 4.1 0.1 18.7 21 16 U.S. 42.5 72.1 1.9 0.1 6.6 8 29 Foreign 16.8 28.5 3.8 0.1 17.2 25 12 COTTON Production World 2.6 4.4 2.0 0.0 5.4 24 12 U.S. 1.0 1.7 0.1 0.0 0.3 14 22 Foreign 3.1 5.3 2.0 0.0 5.7 26 10 Exports World 6.4 10.9 1.7 0.1 8.8 21 16 U.S. 11.2 19.1 0.8 0.0 2.7 24 13 Foreign 8.0 13.6 1.3 0.0 8.1 22 15 Domestic Use World 2.6 4.4 2.0 0.3 6.8 20 17 U.S. 5.5 9.4 0.3 0.0 0.9 20 16 Foreign 2.7 4.5 2.0 0.4 6.5 21 16 Ending Stocks World 10.0 17.0 3.8 0.1 11.3 23 14 U.S. 25.0 42.4 0.9 0.2 2.4 10 27 Foreign 10.7 18.2 3.6 0.2 11.6 25 12 ================================================================================ WASDE - 596 - 37 January 2020 Reliability of United States January 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 0.4 0.7 10 0 148 4 2 Exports 12.6 21.4 171 9 513 17 20 Domestic Use 3.0 5.1 142 6 574 17 20 Ending Stocks 17.1 29.1 226 1 986 20 17 SORGHUM Production 1.0 1.8 2 0 53 1 3 Exports 16.2 27.6 28 0 97 24 11 Domestic Use 18.1 30.6 35 1 148 18 19 Ending Stocks 45.1 76.5 24 1 98 13 24 BARLEY Production 0.7 1.3 1 0 11 16 4 Exports 23.0 39.1 7 0 37 12 22 Domestic Use 7.2 12.2 15 0 70 13 21 Ending Stocks 12.8 21.8 11 1 52 24 13 OATS Production 0.3 0.6 0 0 2 4 4 Exports 66.1 112.1 1 0 7 8 10 Domestic Use 5.2 8.8 11 1 39 17 20 Ending Stocks 17.8 30.3 12 1 47 22 15 Thousand Short Tons SOYBEAN MEAL Production 3.3 5.6 930 15 3117 24 13 Exports 10.4 17.6 671 1 2626 27 10 Domestic Use 2.8 4.8 638 34 2066 19 18 Ending Stocks 35.0 59.4 67 0 253 15 20 Million Pounds SOYBEAN OIL Production 3.2 5.5 432 7 1418 26 11 Exports 23.6 40.0 296 0 1325 21 14 Domestic Use 3.5 5.9 424 25 1628 24 13 Ending Stocks 20.5 34.9 294 25 1206 24 13 ANIMAL PROD. 3/ Million Pounds Beef 3.5 5.9 722 9 2111 24 12 Pork 3.1 5.3 407 5 1717 19 17 Broilers 1.7 2.9 377 24 1011 23 13 Turkeys 2.9 4.9 122 2 407 18 18 Million Dozen Eggs 1.9 3.2 104 4 525 23 13 Billion Pounds Milk 1.5 2.5 1.7 0.0 5.7 17 13 ================================================================================