WASDE - 561 - 8 January 2017 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 2513.81 3033.65 394.11 2455.26 578.38 2015/16 (Est.) 2457.54 3035.92 377.25 2433.24 602.68 2016/17 (Proj.) Dec 2562.12 3164.04 402.75 2536.76 627.28 Jan 2560.36 3163.05 404.29 2537.22 625.82 Wheat 2014/15 728.09 923.02 164.41 705.74 217.28 2015/16 (Est.) 735.49 952.77 172.79 712.29 240.49 2016/17 (Proj.) Dec 751.26 991.91 176.83 739.77 252.14 Jan 752.69 993.18 178.05 739.89 253.29 Coarse Grains 5/ 2014/15 1307.17 1518.20 186.11 1271.76 246.44 2015/16 (Est.) 1249.66 1496.10 164.79 1250.41 245.69 2016/17 (Proj.) Dec 1329.35 1574.15 185.20 1319.22 254.94 Jan 1327.66 1573.35 185.41 1319.52 253.82 Rice, milled 2014/15 478.55 592.42 43.58 477.76 114.66 2015/16 (Est.) 472.39 587.05 39.67 470.54 116.51 2016/17 (Proj.) Dec 481.51 597.98 40.71 477.77 120.21 Jan 480.02 596.52 40.83 477.81 118.71 United States Total Grains 4/ 2014/15 439.49 499.23 83.28 346.98 68.98 2015/16 (Est.) 429.26 506.00 81.59 348.28 76.14 2016/17 (Proj.) Dec 474.42 558.20 93.17 367.24 97.79 Jan 472.57 556.41 93.13 365.68 97.61 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.) Dec 62.86 92.82 26.54 35.16 31.12 Jan 62.86 92.81 26.54 33.99 32.29 Coarse Grains 5/ 2014/15 377.23 414.99 56.70 311.34 46.95 2015/16 (Est.) 367.01 417.89 57.07 312.70 48.11 2016/17 (Proj.) Dec 404.11 455.71 63.08 327.86 64.77 Jan 402.60 454.26 63.03 327.49 63.74 Rice, milled 2014/15 7.11 8.91 3.06 4.30 1.55 2015/16 (Est.) 6.13 8.45 3.42 3.55 1.48 2016/17 (Proj.) Dec 7.45 9.68 3.56 4.22 1.90 Jan 7.12 9.34 3.56 4.19 1.59 ================================================================================ WASDE - 561 - 9 January 2017 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 2074.32 2534.42 310.83 2108.29 509.41 2015/16 (Est.) 2028.28 2529.92 295.67 2084.96 526.54 2016/17 (Proj.) Dec 2087.70 2605.84 309.58 2169.51 529.50 Jan 2087.79 2606.63 311.17 2171.55 528.21 Wheat 2014/15 672.94 847.69 140.90 674.40 196.80 2015/16 (Est.) 679.38 873.11 151.70 680.27 213.94 2016/17 (Proj.) Dec 688.40 899.09 150.30 704.61 221.02 Jan 689.83 900.36 151.51 705.90 221.00 Coarse Grains 5/ 2014/15 929.93 1103.22 129.41 960.42 199.49 2015/16 (Est.) 882.65 1078.21 107.72 937.71 197.58 2016/17 (Proj.) Dec 925.25 1118.45 122.13 991.36 190.16 Jan 925.06 1119.08 122.38 992.03 190.09 Rice, milled 2014/15 471.45 583.51 40.52 473.46 113.11 2015/16 (Est.) 466.25 578.60 36.25 466.99 115.03 2016/17 (Proj.) Dec 474.05 588.30 37.16 473.55 118.31 Jan 472.90 587.19 37.28 473.62 117.12 ================================================================================ 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 2014/15 119.19 222.51 35.32 111.41 111.73 2015/16 (Est.) 96.46 208.19 35.21 111.25 96.89 2016/17 (Proj.) Dec 104.24 201.03 35.33 111.91 89.15 Jan 105.34 202.23 35.64 111.76 90.65 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.) Dec 16.52 20.33 12.20 3.30 4.80 Jan 16.96 20.77 12.50 3.30 5.00 Foreign 4/ 2014/15 102.87 203.82 24.07 107.84 108.08 2015/16 (Est.) 83.57 191.62 26.06 107.80 93.09 2016/17 (Proj.) Dec 87.71 180.70 23.13 108.61 84.35 Jan 88.38 181.46 23.14 108.46 85.65 ================================================================================ WASDE - 561 - 10 January 2017 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 2014/15 536.85 614.51 147.13 440.27 93.13 2015/16 (Est.) 522.44 615.57 153.45 448.65 89.42 2016/17 (Proj.) Dec 554.66 643.95 159.85 465.89 94.56 Jan 554.80 644.22 160.26 467.54 93.71 Oilmeals 2014/15 300.34 314.00 86.12 294.07 16.12 2015/16 (Est.) 307.41 323.54 87.28 304.92 14.34 2016/17 (Proj.) Dec 319.30 333.61 91.09 315.97 13.52 Jan 320.19 334.53 91.54 316.87 13.30 Vegetable Oils 2014/15 177.16 201.03 76.55 171.62 23.86 2015/16 (Est.) 177.31 201.17 73.62 178.87 20.09 2016/17 (Proj.) Dec 186.45 205.98 78.26 184.81 17.97 Jan 186.95 207.04 78.46 184.95 18.29 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 6.87 2016/17 (Proj.) Dec 128.78 137.45 56.96 57.20 14.63 Jan 127.31 135.78 56.88 57.24 12.87 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.) Dec 44.10 48.43 11.05 37.05 0.34 Jan 43.94 48.43 10.88 37.21 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.) Dec 11.57 17.31 1.24 14.93 1.15 Jan 11.62 17.45 1.24 14.99 1.23 Foreign 3/ Oilseeds 2014/15 420.83 492.67 96.02 385.16 86.37 2015/16 (Est.) 406.56 491.81 99.66 393.57 82.55 2016/17 (Proj.) Dec 425.88 506.50 102.89 408.69 79.93 Jan 427.49 508.43 103.38 410.31 80.84 Oilmeals 2014/15 257.07 266.57 73.98 259.07 15.83 2015/16 (Est.) 264.57 276.33 76.07 269.22 14.04 2016/17 (Proj.) Dec 275.20 285.18 80.04 278.92 13.19 Jan 276.26 286.10 80.66 279.66 12.96 Vegetable Oils 2014/15 166.23 184.89 75.38 157.94 22.57 2015/16 (Est.) 166.11 184.14 72.38 164.33 18.85 2016/17 (Proj.) Dec 174.88 188.66 77.03 169.87 16.82 Jan 175.33 189.58 77.22 169.97 17.06 ================================================================================ WASDE - 561 - 11 January 2017 U.S. Wheat Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ 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 61 Feed and Residual 114 152 260 225 Domestic, Total 1151 1177 1292 1249 Exports 864 775 975 975 Use, Total 2015 1952 2267 2224 Ending Stocks 752 976 1143 1186 Avg.FarmPrice ($/bu) 2/ 5.99 4.89 3.60-3.80 3.75-3.85 ================================================================================ 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 1177 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/ 1533 803 542 367 165 3410 Domestic Use 536 298 231 96 88 1249 Exports 400 300 85 165 25 975 Use, Total 936 598 316 261 113 2224 Ending Stocks, Total Jan 597 205 226 106 52 1186 Dec 583 208 199 95 58 1143 ================================================================================ WASDE - 561 - 12 January 2017 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ Million Acres FEED GRAINS Area Planted 103.5 103.2 107.1 106.6 Area Harvested 93.1 93.0 96.4 96.5 Metric Tons Yield per Harvested Acre 4.05 3.94 4.19 4.17 Million Metric Tons Beginning Stocks 34.3 46.9 48.1 48.1 Production 377.1 366.7 403.8 402.3 Imports 3.2 3.7 3.2 3.3 Supply, Total 414.6 417.4 455.1 453.7 Feed and Residual 138.5 135.6 148.6 147.6 Food, Seed & Industrial 172.5 176.6 178.7 179.4 Domestic, Total 310.9 312.2 327.3 326.9 Exports 56.7 57.1 63.1 63.0 Use, Total 367.6 369.3 390.4 390.0 Ending Stocks 46.9 48.1 64.8 63.7 Million Acres CORN Area Planted 90.6 88.0 94.5 94.0 Area Harvested 83.1 80.8 86.8 86.7 Bushels Yield per Harvested Acre 171.0 168.4 175.3 174.6 Million Bushels Beginning Stocks 1232 1731 1738 1737 Production 14216 13602 15226 15148 Imports 32 67 50 55 Supply, Total 15479 15401 17013 16940 Feed and Residual 5280 5131 5650 5600 Food,Seed& Industrial 2/ 6601 6635 6735 6760 Ethanol & by-products 3/ 5200 5206 5300 5325 Domestic, Total 11881 11766 12385 12360 Exports 1867 1898 2225 2225 Use, Total 13748 13664 14610 14585 Ending Stocks 1731 1737 2403 2355 Avg.FarmPrice ($/bu) 4/ 3.70 3.61 3.05-3.65 3.10-3.70 ================================================================================ WASDE - 561 - 13 January 2017 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 7.1 8.5 6.8 6.7 AreaHarvested(mil.acres) 6.4 7.9 6.0 6.2 Yield (bushels/acre) 67.6 76.0 76.5 77.9 Beginning Stocks 34 18 37 37 Production 433 597 462 480 Imports 0 5 1 1 Supply, Total 467 620 500 518 Feed and Residual 82 103 90 105 Food, Seed & Industrial 15 142 125 125 Total Domestic 97 245 215 230 Exports 352 339 250 250 Use, Total 449 583 465 480 Ending Stocks 18 37 35 38 Avg.FarmPrice ($/bu) 2/ 4.03 3.31 2.80-3.30 2.65-3.15 BARLEY AreaPlanted (mil. acres) 3.0 3.6 3.1 3.1 AreaHarvested(mil.acres) 2.5 3.2 2.6 2.6 Yield (bushels/acre) 72.7 69.1 77.9 77.9 Beginning Stocks 82 79 102 102 Production 182 218 199 199 Imports 24 19 18 16 Supply, Total 287 315 319 317 Feed and Residual 43 50 60 55 Food, Seed & Industrial 151 153 153 153 Total Domestic 194 202 213 208 Exports 14 11 8 6 Use, Total 209 213 221 214 Ending Stocks 79 102 98 103 Avg.FarmPrice ($/bu) 2/ 5.30 5.52 4.55-5.15 4.60-5.20 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 ($/bu) 2/ 3.21 2.12 1.75-2.05 1.80-2.10 ================================================================================ WASDE - 561 - 14 January 2017 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ Million Acres TOTAL Area Planted 2.95 2.63 3.18 3.15 Area Harvested 2.93 2.59 3.13 3.10 Pounds Yield per Harvested Acre 7576 7472 7493 7237 Million Hundredweight Beginning Stocks 2/ 31.8 48.5 46.5 46.5 Production 222.2 193.1 234.8 224.1 Imports 24.6 24.1 23.5 23.5 Supply, Total 278.7 265.8 304.7 294.1 Domestic & Residual 3/ 134.4 111.6 133.0 132.0 Exports, Total 4/ 95.7 107.7 112.0 112.0 Rough 31.8 38.2 42.0 43.0 Milled (rough equiv.) 63.9 69.6 70.0 69.0 Use, Total 230.2 219.3 245.0 244.0 Ending Stocks 48.5 46.5 59.7 50.1 Avg.MillingYield (%) 5/ 70.50 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 13.40 12.10 9.90-10.90 9.90-10.90 LONG GRAIN Harvested Acres (mil.) 2.20 1.85 2.40 Yield (pounds/acre) 7407 7219 6927 Beginning Stocks 16.2 26.5 22.7 22.7 Production 162.7 133.4 176.1 166.5 Supply, Total 7/ 200.6 180.7 219.3 209.7 Domestic & Residual 3/ 106.2 81.5 103.0 102.0 Exports 8/ 68.0 76.5 79.0 78.0 Use, Total 174.2 158.0 182.0 180.0 Ending Stocks 26.5 22.7 37.3 29.7 Avg.FarmPrice($/cwt) 6/ 11.90 11.10 9.20-10.20 9.20-10.20 MEDIUM & SHORT GRAIN Harvested Acres (mil.) 0.74 0.74 0.69 Yield (pounds/acre) 8080 8107 8311 Beginning Stocks 13.3 20.2 20.9 20.9 Production 59.6 59.7 58.7 57.7 Supply, Total 7/ 76.1 82.2 82.6 81.6 Domestic & Residual 3/ 28.3 30.1 30.0 30.0 Exports 8/ 27.7 31.2 33.0 34.0 Use, Total 56.0 61.3 63.0 64.0 Ending Stocks 20.2 20.9 19.6 17.6 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 18.30 15.30 11.90-12.90 11.90-12.90 California 10/ 21.60 18.30 13.00-14.00 13.00-14.00 Other States 1/ 14.40 11.20 9.20-10.20 9.20-10.20 ================================================================================ WASDE - 561 - 15 January 2017 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ Million Acres SOYBEANS Area Planted 83.3 82.7 83.7 83.4 Area Harvested 82.6 81.7 83.0 82.7 Bushels Yield per Harvested Acre 47.5 48.0 52.5 52.1 Million Bushels Beginning Stocks 92 191 197 197 Production 3927 3926 4361 4307 Imports 33 24 30 25 Supply, Total 4052 4140 4588 4528 Crushings 1873 1886 1930 1930 Exports 1842 1936 2050 2050 Seed 96 97 95 95 Residual 50 25 32 33 Use, Total 3862 3944 4108 4108 Ending Stocks 191 197 480 420 Avg.FarmPrice ($/bu) 2/ 10.10 8.95 8.70-10.20 9.00-10.00 Million Pounds SOYBEAN OIL Beginning Stocks 1165 1855 1687 1687 Production 4/ 21399 21950 22290 22390 Imports 264 288 275 275 Supply, Total 22828 24093 24252 24352 Domestic Disappearance 18959 20166 20550 20550 Biodiesel 3/ 5039 5670 6200 6200 Food, Feed & other Industrial 13920 14496 14350 14350 Exports 2014 2240 2150 2150 Use, Total 20973 22406 22700 22700 Ending stocks 1855 1687 1552 1652 Avg. Price (c/lb) 2/ 31.60 29.86 34.50-37.50 34.00-37.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 250 260 264 264 Production 4/ 45062 44672 45611 45411 Imports 333 403 325 325 Supply, Total 45645 45335 46200 46000 Domestic Disappearance 32277 33108 34100 34100 Exports 13108 11963 11800 11600 Use, Total 45384 45071 45900 45700 Ending Stocks 260 264 300 300 Avg. Price ($/s.t.) 2/ 368.49 324.56 305.00-345.00 305.00-345.00 ================================================================================ WASDE - 561 - 16 January 2017 U.S. Sugar Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1810 1815 2054 2054 Production 2/ 8656 8989 9342 9313 Beet Sugar 4893 5119 5371 5371 Cane Sugar 3763 3870 3971 3942 Florida 1981 2173 2142 2142 Hawaii 146 152 46 46 Louisiana 1513 1428 1644 1612 Texas 123 116 140 142 Imports 3553 3341 2696 2694 TRQ 3/ 1536 1620 1533 1532 Other Program 4/ 471 396 175 175 Other 5/ 1546 1325 987 987 Mexico 1532 1309 972 972 Total Supply 14019 14145 14092 14061 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 1912 1881 Stocks to Use Ratio 14.9 17.0 15.7 15.4 ================================================================================ 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. Dec 811 6117 70 4754 1207 1037 Jan 811 6117 83 4767 1207 1037 2016/17 Proj. Dec 1037 6371 10 4719 1470 1229 Jan 1037 6371 60 4769 1470 1229 ================================================================================ WASDE - 561 - 17 January 2017 U.S. Cotton Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Dec Jan ================================================================================ Million Acres Planted 11.04 8.58 10.15 10.07 Harvested 9.35 8.07 9.66 9.52 Pounds Yield per Harvested Acre 838 766 821 855 Million 480 Pound Bales Beginning Stocks 2.35 3.65 3.80 3.80 Production 16.32 12.89 16.52 16.96 Imports 0.01 0.03 0.01 0.01 Supply, Total 18.68 16.57 20.33 20.77 Domestic Use 3.58 3.45 3.30 3.30 Exports, Total 11.25 9.15 12.20 12.50 Use, Total 14.82 12.60 15.50 15.80 Unaccounted 2/ 0.21 0.17 0.03 -0.03 Ending Stocks 3.65 3.80 4.80 5.00 Avg. Farm Price 3/ 61.3 61.2 64.00-70.00 65.00-69.00 ================================================================================ WASDE - 561 - 18 January 2017 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/ 194.93 728.09 159.08 131.80 705.74 164.41 217.28 United States 16.07 55.15 4.12 3.09 31.33 23.52 20.48 Total Foreign 178.86 672.94 154.97 128.71 674.40 140.90 196.80 Major Exporters 4/ 27.39 224.02 6.66 62.86 147.32 81.47 29.27 Argentina 2.49 13.93 0.04 0.30 6.35 5.30 4.80 Australia 4.56 23.74 0.16 3.80 7.20 16.59 4.67 Canada 10.41 29.42 0.49 3.76 9.09 24.16 7.05 European Union 5/ 9.94 156.92 5.98 55.00 124.68 35.42 12.74 Major Importers 6/ 100.70 197.40 84.96 29.88 262.37 7.59 113.11 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/ 14.05 17.01 25.43 2.48 42.73 0.56 13.20 Pakistan 2.19 25.98 0.75 1.00 24.50 0.70 3.72 Southeast Asia 9/ 3.46 0.00 19.86 4.76 18.55 0.95 3.82 Selected Other India 17.83 95.85 0.05 4.50 93.10 3.41 17.22 FSU-12 15.85 112.74 7.68 24.65 75.35 40.24 20.67 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/ 217.28 735.49 170.07 138.50 712.29 172.79 240.49 United States 20.48 56.12 3.07 4.14 32.02 21.09 26.55 Total Foreign 196.80 679.38 167.00 134.36 680.27 151.70 213.94 Major Exporters 4/ 29.27 223.41 7.57 67.63 151.94 82.54 25.77 Argentina 4.80 11.30 0.01 0.20 5.90 9.60 0.62 Australia 4.67 24.50 0.15 3.80 7.23 16.12 5.97 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/ 113.11 204.29 92.27 27.61 263.61 6.44 139.62 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/ 13.20 19.91 27.78 2.28 43.65 0.71 16.54 Pakistan 3.72 25.10 0.01 0.80 24.40 0.60 3.83 Southeast Asia 9/ 3.82 0.00 24.61 8.04 22.37 0.97 5.09 Selected Other India 17.22 86.53 0.47 4.20 88.55 1.13 14.54 FSU-12 20.67 118.24 7.37 26.90 78.18 51.48 16.62 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 - 561 - 19 January 2017 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/ Dec 240.65 751.26 171.54 148.09 739.77 176.83 252.14 Jan 240.49 752.69 172.96 147.58 739.89 178.05 253.29 United States Dec 26.55 62.86 3.40 7.08 35.16 26.54 31.12 Jan 26.55 62.86 3.40 6.12 33.99 26.54 32.29 Total Foreign Dec 214.09 688.40 168.14 141.01 704.61 150.30 221.02 Jan 213.94 689.83 169.56 141.46 705.90 151.51 221.00 Major Exporters 4/ Dec 26.12 223.07 7.14 67.80 153.36 78.50 24.48 Jan 25.77 224.02 7.14 68.10 153.66 79.60 23.67 Argentina Dec 0.81 14.40 0.01 0.10 6.30 8.00 0.91 Jan 0.62 15.00 0.01 0.10 6.30 8.60 0.72 Australia Dec 6.14 33.00 0.15 4.50 7.96 24.00 7.33 Jan 5.97 33.00 0.15 4.50 7.96 24.50 6.66 Canada Dec 5.17 31.70 0.49 4.70 9.90 21.50 5.95 Jan 5.17 31.70 0.49 5.00 10.20 21.00 6.16 European Union 5/ Dec 14.01 143.97 6.50 58.50 129.20 25.00 10.28 Jan 14.01 144.32 6.50 58.50 129.20 25.50 10.13 Major Importers 6/ Dec 139.54 199.05 88.48 31.67 271.99 7.44 147.64 Jan 139.62 199.05 88.98 31.82 272.39 7.28 147.98 Brazil Dec 1.60 6.70 6.50 0.70 11.30 1.60 1.90 Jan 1.60 6.70 6.70 0.70 11.50 1.60 1.90 China Dec 97.04 128.85 3.50 15.00 117.00 0.80 111.59 Jan 97.04 128.85 3.50 15.00 117.00 0.80 111.59 Sel. Mideast 7/ Dec 13.72 19.41 17.36 4.61 38.39 0.55 11.55 Jan 13.72 19.41 17.36 4.61 38.39 0.55 11.55 N. Africa 8/ Dec 16.47 14.13 28.10 2.28 44.88 0.84 12.98 Jan 16.54 14.13 28.10 2.28 44.88 0.68 13.21 Pakistan Dec 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Jan 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Southeast Asia 9/ Dec 5.08 0.00 22.60 7.29 22.36 0.99 4.34 Jan 5.09 0.00 22.90 7.44 22.56 0.99 4.45 India Dec 14.54 90.00 3.00 4.50 96.14 0.40 11.00 Jan 14.54 90.00 3.70 4.50 96.84 0.40 11.00 FSU-12 Dec 16.41 131.43 7.52 28.30 79.92 53.64 21.80 Jan 16.62 131.93 7.52 28.30 79.89 54.07 22.11 Russia Dec 5.60 72.00 0.50 16.00 39.00 29.00 10.10 Jan 5.60 72.50 0.50 16.00 39.00 29.00 10.60 Kazakhstan Dec 2.56 16.50 0.06 2.20 7.00 8.50 3.62 Jan 2.56 16.50 0.06 2.20 7.00 8.50 3.62 Ukraine Dec 3.25 27.00 0.03 4.70 11.80 15.50 2.97 Jan 3.25 27.00 0.03 4.70 11.80 15.70 2.77 ================================================================================ WASDE - 561 - 20 January 2017 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/ 211.04 1307.17 170.13 751.58 1271.76 186.11 246.44 United States 34.31 377.23 3.44 138.62 311.34 56.70 46.95 Total Foreign 176.72 929.93 166.69 612.96 960.42 129.41 199.49 Major Exporters 4/ 25.53 170.16 4.70 82.70 112.73 67.56 20.09 Argentina 3.17 36.78 0.00 9.07 14.23 21.45 4.27 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 7.02 91.60 0.82 42.06 58.15 33.86 7.43 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/ 246.44 1249.66 181.63 764.16 1250.41 164.79 245.69 United States 46.95 367.01 3.93 135.89 312.70 57.07 48.11 Total Foreign 199.49 882.65 177.70 628.28 937.71 107.72 197.58 Major Exporters 4/ 20.09 153.49 8.30 83.43 112.87 52.57 16.43 Argentina 4.27 37.94 0.01 9.21 14.17 25.43 2.62 Australia 1.53 12.44 0.00 4.19 5.87 6.70 1.40 Brazil 8.21 69.13 3.55 50.34 59.69 15.03 6.17 Canada 3.33 25.62 1.55 13.91 21.24 4.60 4.67 Major Importers 5/ 49.21 246.46 124.06 272.29 354.62 15.72 49.39 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 1.56 6.00 N. Afr & Mideast 7/ 14.54 33.75 32.84 56.87 65.22 0.11 15.80 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 102.03 231.82 17.50 166.95 239.17 0.03 112.16 FSU-12 7.43 82.12 0.53 39.54 54.62 31.25 4.21 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 - 561 - 21 January 2017 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/ Dec 244.80 1329.35 172.73 792.62 1319.22 185.20 254.94 Jan 245.69 1327.66 172.44 791.79 1319.52 185.41 253.82 United States Dec 48.13 404.11 3.47 148.89 327.86 63.08 64.77 Jan 48.11 402.60 3.55 147.90 327.49 63.03 63.74 Total Foreign Dec 196.67 925.25 169.26 643.73 991.36 122.13 190.16 Jan 197.58 925.06 168.88 643.90 992.03 122.38 190.09 Major Exporters 4/ Dec 15.11 186.62 2.88 86.07 117.00 69.19 18.42 Jan 16.43 186.43 2.88 86.58 117.50 69.19 19.05 Argentina Dec 2.64 44.02 0.01 9.97 15.53 27.91 3.23 Jan 2.62 43.83 0.01 9.97 15.53 27.71 3.22 Australia Dec 1.40 14.48 0.00 4.39 6.06 7.78 2.04 Jan 1.40 14.48 0.00 4.39 6.06 7.78 2.04 Brazil Dec 5.62 89.02 1.05 51.07 60.92 28.03 6.73 Jan 6.17 89.02 1.05 51.57 61.43 28.03 6.78 Canada Dec 3.87 25.63 1.09 14.94 22.50 3.95 4.15 Jan 4.67 25.63 1.09 14.94 22.50 4.15 4.74 Major Importers 5/ Dec 49.61 240.71 123.81 279.34 361.36 10.26 42.51 Jan 49.39 240.68 123.08 278.83 360.95 10.44 41.76 European Union 6/ Dec 14.55 152.39 13.68 119.47 160.39 8.36 11.89 Jan 14.55 152.36 13.66 119.16 160.18 8.53 11.86 Japan Dec 1.72 0.17 16.87 13.19 17.18 0.00 1.58 Jan 1.72 0.17 16.87 13.19 17.18 0.00 1.58 Mexico Dec 6.21 31.83 14.78 27.92 45.82 0.80 6.19 Jan 6.00 31.83 14.78 27.92 45.82 0.80 5.99 N. Afr & Mideast 7/ Dec 15.81 27.52 35.17 57.40 65.44 0.17 12.88 Jan 15.80 27.52 35.17 57.40 65.44 0.17 12.88 Saudi Arabia Dec 4.38 0.17 14.21 14.23 14.63 0.00 4.13 Jan 4.38 0.17 14.21 14.23 14.63 0.00 4.13 Southeast Asia 8/ Dec 4.40 28.36 14.52 35.01 43.02 0.94 3.32 Jan 4.40 28.36 13.82 34.81 42.82 0.94 2.82 South Korea Dec 1.95 0.20 9.89 7.64 10.11 0.00 1.92 Jan 1.95 0.20 9.89 7.64 10.11 0.00 1.92 China Dec 112.34 227.35 13.20 169.60 245.75 0.03 107.11 Jan 112.16 227.35 13.20 169.40 245.55 0.03 107.13 FSU-12 Dec 4.24 91.43 0.66 41.30 56.76 33.75 5.81 Jan 4.21 91.34 0.66 41.38 56.74 33.64 5.84 Russia Dec 1.33 41.00 0.11 21.20 30.85 9.36 2.23 Jan 1.33 40.92 0.11 21.28 30.83 9.24 2.29 Ukraine Dec 1.67 38.10 0.06 10.73 14.30 23.21 2.32 Jan 1.67 38.10 0.06 10.73 14.30 23.21 2.32 ================================================================================ WASDE - 561 - 22 January 2017 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 1015.06 125.17 584.35 980.53 142.17 209.31 United States 31.29 361.09 0.80 134.11 301.79 47.42 43.97 Total Foreign 143.48 653.97 124.36 450.24 678.73 94.75 165.33 Major Exporters 4/ 17.58 125.38 2.30 60.15 77.95 54.12 13.19 Argentina 1.41 29.75 0.00 6.00 9.30 18.96 2.90 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/ 209.31 961.10 139.91 598.61 960.40 121.11 210.01 United States 43.97 345.51 1.71 130.34 298.87 48.20 44.12 Total Foreign 165.33 615.60 138.20 468.27 661.53 72.91 165.89 Major Exporters 4/ 13.19 103.90 6.01 60.05 77.35 37.50 8.24 Argentina 2.90 29.00 0.01 5.85 9.15 21.70 1.05 Brazil 7.84 67.00 3.00 48.50 57.00 15.00 5.84 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 4.45 22.55 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 1.56 5.24 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 1.37 7.07 12.35 1.74 2.24 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 - 561 - 23 January 2017 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/ Dec 208.95 1039.73 135.99 626.89 1026.43 147.68 222.25 Jan 210.01 1037.93 135.72 626.02 1026.96 148.07 220.98 United States Dec 44.14 386.75 1.27 143.52 314.59 56.52 61.05 Jan 44.12 384.78 1.40 142.25 313.96 56.52 59.82 Total Foreign Dec 164.81 652.98 134.72 483.38 711.83 91.16 161.20 Jan 165.89 653.15 134.32 483.78 713.00 91.55 161.16 Major Exporters 4/ Dec 7.74 136.00 1.11 61.40 79.80 54.50 10.55 Jan 8.24 136.00 1.11 61.90 80.30 54.50 10.55 Argentina Dec 1.05 36.50 0.01 6.80 10.50 25.00 2.06 Jan 1.05 36.50 0.01 6.80 10.50 25.00 2.06 Brazil Dec 5.34 86.50 0.60 49.00 58.00 28.00 6.44 Jan 5.84 86.50 0.60 49.50 58.50 28.00 6.44 South Africa Dec 1.35 13.00 0.50 5.60 11.30 1.50 2.05 Jan 1.35 13.00 0.50 5.60 11.30 1.50 2.05 Major Importers 5/ Dec 22.76 119.67 79.80 147.40 198.93 3.54 19.76 Jan 22.55 119.65 79.10 147.00 198.63 3.74 18.93 Egypt Dec 2.21 6.00 9.00 12.70 15.10 0.01 2.10 Jan 2.21 6.00 9.00 12.70 15.10 0.01 2.10 European Union 6/ Dec 6.83 60.70 13.10 55.60 73.70 1.80 5.14 Jan 6.83 60.68 13.10 55.40 73.60 2.00 5.02 Japan Dec 1.34 0.00 15.00 11.50 15.10 0.00 1.24 Jan 1.34 0.00 15.00 11.50 15.10 0.00 1.24 Mexico Dec 5.45 24.50 13.80 20.60 37.50 0.80 5.45 Jan 5.24 24.50 13.80 20.60 37.50 0.80 5.24 Southeast Asia 7/ Dec 4.39 28.31 14.50 34.95 42.95 0.93 3.32 Jan 4.39 28.31 13.80 34.75 42.75 0.93 2.82 South Korea Dec 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Jan 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Canada Dec 1.45 13.20 1.00 7.80 13.30 0.80 1.55 Jan 2.24 13.20 1.00 7.80 13.30 0.80 2.34 China Dec 110.77 219.55 3.00 159.00 227.00 0.02 106.31 Jan 110.77 219.55 3.00 159.00 227.00 0.02 106.31 FSU-12 Dec 1.43 46.56 0.42 19.09 21.87 23.70 2.85 Jan 1.43 46.56 0.42 19.09 21.87 23.70 2.85 Ukraine Dec 0.59 27.00 0.05 6.90 8.30 18.00 1.34 Jan 0.59 27.00 0.05 6.90 8.30 18.00 1.34 ================================================================================ WASDE - 561 - 24 January 2017 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/ 113.87 478.55 41.14 477.76 43.58 114.66 United States 1.03 7.11 0.78 4.30 3.06 1.55 Total Foreign 112.85 471.45 40.35 473.46 40.52 113.11 Major Exporters 4/ 36.78 159.30 0.73 133.14 32.42 31.24 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 10.30 9.78 10.97 Vietnam 1.30 28.17 0.40 22.00 6.61 1.26 Major Importers 5/ 11.47 64.05 13.59 77.20 1.23 10.68 Brazil 0.64 8.47 0.39 7.93 0.93 0.64 European Union 6/ 1.16 1.95 1.71 3.40 0.27 1.15 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/ 114.66 472.39 37.96 470.54 39.67 116.51 United States 1.55 6.13 0.77 3.55 3.42 1.48 Total Foreign 113.11 466.25 37.19 466.99 36.25 115.03 Major Exporters 4/ 31.24 154.38 0.61 128.18 29.14 28.91 India 17.80 104.32 0.00 93.48 10.24 18.40 Pakistan 1.21 6.80 0.01 2.70 4.30 1.02 Thailand 10.97 15.80 0.30 9.40 9.50 8.17 Vietnam 1.26 27.46 0.30 22.60 5.10 1.32 Major Importers 5/ 10.68 63.25 12.49 76.49 0.95 8.99 Brazil 0.64 7.21 0.80 7.80 0.60 0.25 European Union 6/ 1.15 2.05 1.80 3.55 0.27 1.18 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 1.95 3.48 0.02 0.53 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 0.69 0.89 0.00 0.12 South Korea 1.41 4.33 0.34 4.37 0.00 1.70 ================================================================================ WASDE - 561 - 25 January 2017 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/ Dec 116.47 481.51 38.75 477.77 40.71 120.21 Jan 116.51 480.02 38.52 477.81 40.83 118.71 United States Dec 1.48 7.45 0.75 4.22 3.56 1.90 Jan 1.48 7.12 0.75 4.19 3.56 1.59 Total Foreign Dec 115.00 474.05 38.00 473.55 37.16 118.31 Jan 115.03 472.90 37.77 473.62 37.28 117.12 Major Exporters 4/ Dec 28.81 159.80 0.56 132.60 29.50 27.07 Jan 28.91 159.54 0.56 132.75 29.70 26.56 India Dec 18.40 106.50 0.00 97.00 10.00 17.90 Jan 18.40 106.50 0.00 97.00 10.00 17.90 Pakistan Dec 0.92 6.90 0.01 2.80 4.20 0.83 Jan 1.02 6.64 0.01 2.75 4.20 0.72 Thailand Dec 7.87 18.60 0.25 10.60 9.50 6.62 Jan 8.17 18.60 0.25 10.30 9.70 7.02 Vietnam Dec 1.62 27.80 0.30 22.20 5.80 1.72 Jan 1.32 27.80 0.30 22.70 5.80 0.92 Major Importers 5/ Dec 9.10 64.82 12.30 76.65 1.01 8.57 Jan 8.99 64.64 12.05 76.45 0.96 8.27 Brazil Dec 0.25 8.03 0.65 7.90 0.65 0.38 Jan 0.25 7.82 0.65 7.85 0.60 0.27 European Union 6/ Dec 1.29 2.03 1.80 3.55 0.28 1.29 Jan 1.18 2.05 1.85 3.65 0.28 1.15 Indonesia Dec 3.51 36.60 1.25 37.70 0.00 3.66 Jan 3.51 36.60 1.00 37.50 0.00 3.61 Nigeria Dec 0.60 2.70 2.00 5.00 0.00 0.30 Jan 0.60 2.70 2.00 5.00 0.00 0.30 Philippines Dec 2.06 11.50 1.30 13.10 0.00 1.76 Jan 2.06 11.50 1.30 13.10 0.00 1.76 Sel. Mideast 7/ Dec 0.86 2.02 3.65 5.85 0.00 0.68 Jan 0.86 2.02 3.60 5.80 0.00 0.68 Burma Dec 1.09 12.50 0.00 11.00 1.40 1.19 Jan 1.09 12.50 0.00 11.00 1.40 1.19 C. Amer & Carib 8/ Dec 0.52 1.70 1.79 3.53 0.02 0.45 Jan 0.53 1.70 1.79 3.53 0.02 0.46 China Dec 63.74 144.85 5.00 144.00 0.28 69.31 Jan 63.74 144.85 5.00 144.00 0.28 69.31 Egypt Dec 0.92 4.55 0.30 4.00 0.30 1.48 Jan 0.92 4.55 0.30 4.00 0.30 1.48 Japan Dec 2.61 7.79 0.70 8.50 0.09 2.52 Jan 2.61 7.79 0.70 8.50 0.09 2.52 Mexico Dec 0.11 0.17 0.75 0.89 0.00 0.14 Jan 0.12 0.17 0.75 0.89 0.00 0.15 South Korea Dec 1.70 4.20 0.41 4.48 0.00 1.82 Jan 1.70 4.20 0.41 4.48 0.00 1.82 ================================================================================ WASDE - 561 - 26 January 2017 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2014/15 World 103.32 119.19 36.07 111.41 35.32 0.11 111.73 United States 2.35 16.32 0.01 3.58 11.25 0.21 3.65 Total Foreign 100.97 102.87 36.05 107.84 24.07 -0.10 108.08 Major Exporters 4/ 28.43 52.72 1.74 32.32 20.53 -0.28 30.33 Central Asia 5/ 3.76 6.29 3/ 2.37 4.67 0.00 3.01 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 -0.29 11.35 Australia 1.81 2.30 3/ 0.04 2.40 -0.15 1.82 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 111.73 96.46 35.20 111.25 35.21 0.04 96.89 United States 3.65 12.89 0.03 3.45 9.15 0.17 3.80 Total Foreign 108.08 83.57 35.17 107.80 26.06 -0.13 93.09 Major Exporters 4/ 30.33 46.78 1.77 31.70 22.95 -0.27 24.51 Central Asia 5/ 3.01 5.97 3/ 2.36 4.38 0.00 2.24 Afr. Fr. Zone 6/ 2.20 4.18 3/ 0.14 4.86 0.00 1.37 S. Hemis 7/ 11.35 9.72 0.25 4.21 7.69 -0.28 9.71 Australia 1.82 2.60 3/ 0.04 2.85 -0.15 1.68 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 31.10 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 0.80 0.82 1.31 0.05 0.26 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 - 561 - 27 January 2017 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 Dec 96.80 104.24 35.30 111.91 35.33 -0.05 89.15 Jan 96.89 105.34 35.65 111.76 35.64 -0.17 90.65 United States Dec 3.80 16.52 0.01 3.30 12.20 0.03 4.80 Jan 3.80 16.96 0.01 3.30 12.50 -0.03 5.00 Total Foreign Dec 93.00 87.71 35.29 108.61 23.13 -0.09 84.35 Jan 93.09 88.38 35.64 108.46 23.14 -0.14 85.65 Major Exporters 4/ Dec 24.41 50.41 2.59 31.13 20.21 -0.23 26.29 Jan 24.51 50.43 2.59 30.63 20.17 -0.28 27.00 Central Asia 5/ Dec 2.25 5.93 3/ 2.37 3.60 0.00 2.21 Jan 2.24 5.95 3/ 2.37 3.46 0.00 2.36 Afr. Fr. Zone 6/ Dec 1.37 4.96 3/ 0.14 4.56 0.00 1.63 Jan 1.37 4.96 3/ 0.14 4.56 0.00 1.63 S. Hemis 7/ Dec 9.60 12.14 0.26 4.21 7.60 -0.24 10.44 Jan 9.71 12.14 0.26 4.21 7.50 -0.29 10.69 Australia Dec 1.58 4.50 3/ 0.04 4.10 -0.10 2.05 Jan 1.68 4.50 3/ 0.04 4.00 -0.15 2.30 Brazil Dec 6.16 6.50 0.10 3.20 2.90 -0.15 6.81 Jan 6.16 6.50 0.10 3.20 2.90 -0.15 6.81 India Dec 10.94 27.00 1.80 23.75 4.20 0.00 11.79 Jan 10.94 27.00 1.80 23.25 4.40 0.00 12.09 Major Importers 8/ Dec 66.84 34.46 30.38 73.24 1.88 0.14 56.42 Jan 66.84 35.11 30.75 73.61 1.93 0.14 57.02 Mexico Dec 0.57 0.65 1.28 1.85 0.10 0.03 0.52 Jan 0.57 0.65 1.15 1.73 0.10 0.03 0.52 China Dec 58.20 21.00 4.50 35.75 0.10 0.00 47.85 Jan 58.20 22.00 4.50 36.25 0.10 0.00 48.35 European Union 9/ Dec 0.27 1.23 0.80 0.81 1.15 0.05 0.29 Jan 0.26 1.23 0.80 0.81 1.15 0.05 0.28 Turkey Dec 1.58 3.20 3.70 6.75 0.28 0.00 1.46 Jan 1.58 3.20 3.70 6.65 0.33 0.00 1.51 Pakistan Dec 2.62 8.25 2.20 10.20 0.25 0.03 2.59 Jan 2.62 7.90 2.55 10.20 0.25 0.03 2.59 Indonesia Dec 0.53 0.01 2.90 2.90 0.01 0.00 0.53 Jan 0.53 0.01 2.90 2.90 0.01 0.00 0.53 Thailand Dec 0.22 3/ 1.23 1.20 0.00 0.03 0.22 Jan 0.22 3/ 1.23 1.20 0.00 0.03 0.22 Bangladesh Dec 1.54 0.12 6.30 6.40 0.00 0.01 1.55 Jan 1.54 0.12 6.45 6.50 0.00 0.01 1.60 Vietnam Dec 0.78 3/ 5.00 4.90 0.00 0.00 0.88 Jan 0.78 3/ 5.00 4.90 0.00 0.00 0.88 ================================================================================ WASDE - 561 - 28 January 2017 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/ 61.83 319.78 124.36 264.49 301.71 126.22 78.05 United States 2.50 106.88 0.90 50.98 54.96 50.14 5.19 Total Foreign 59.32 212.90 123.46 213.52 246.75 76.08 72.86 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 15.39 105.97 98.31 117.65 0.29 18.60 China 13.85 12.15 78.35 74.50 87.20 0.14 17.01 European Union 0.62 1.83 13.91 14.00 15.57 0.12 0.68 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/ 78.05 313.53 133.31 276.76 315.53 132.18 77.19 United States 5.19 106.86 0.64 51.34 54.64 52.69 5.35 Total Foreign 72.86 206.68 132.67 225.42 260.88 79.49 71.83 Major Exporters 3/ 51.59 164.51 1.10 86.98 94.84 71.65 50.70 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/ 18.60 15.41 113.13 107.33 127.95 0.32 18.88 China 17.01 11.79 83.23 81.30 95.00 0.11 16.91 European Union 0.68 2.26 15.01 15.10 16.68 0.14 1.12 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/ Dec 77.22 338.00 136.96 289.44 330.09 139.25 82.85 Jan 77.19 337.85 137.53 290.34 330.34 139.90 82.32 United States Dec 5.36 118.69 0.82 52.53 56.00 55.79 13.08 Jan 5.35 117.21 0.68 52.53 56.02 55.79 11.44 Total Foreign Dec 71.86 219.32 136.15 236.92 274.09 83.46 69.77 Jan 71.83 220.64 136.85 237.82 274.33 84.11 70.89 Major Exporters 3/ Dec 50.71 171.17 0.66 88.30 96.45 75.45 50.64 Jan 50.70 172.87 1.36 89.20 97.34 76.25 51.34 Argentina Dec 31.95 57.00 0.30 43.80 48.25 9.00 32.00 Jan 31.95 57.00 1.00 44.70 49.15 9.00 31.80 Brazil Dec 18.63 102.00 0.35 40.50 44.10 58.40 18.48 Jan 18.63 104.00 0.35 40.50 44.10 59.50 19.38 Paraguay Dec 0.08 9.17 0.01 3.80 3.85 5.30 0.11 Jan 0.08 9.17 0.01 3.80 3.85 5.30 0.11 Major Importers 4/ Dec 18.70 16.37 114.94 112.33 133.73 0.33 15.96 Jan 18.88 16.77 114.94 112.33 133.73 0.33 16.53 China Dec 16.91 12.50 86.00 86.50 100.80 0.15 14.46 Jan 16.91 12.90 86.00 86.50 100.80 0.15 14.86 European Union Dec 0.95 2.42 13.80 14.70 16.29 0.15 0.72 Jan 1.12 2.42 13.80 14.70 16.29 0.15 0.90 Japan Dec 0.21 0.24 3.10 2.20 3.36 0.00 0.19 Jan 0.21 0.24 3.10 2.20 3.36 0.00 0.19 Mexico Dec 0.08 0.43 4.30 4.65 4.70 0.00 0.11 Jan 0.08 0.43 4.30 4.65 4.70 0.00 0.11 ================================================================================ WASDE - 561 - 29 January 2017 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/ 10.44 208.33 60.87 202.09 64.46 13.09 United States 0.23 40.88 0.30 29.28 11.89 0.24 Total Foreign 10.22 167.45 60.57 172.81 52.57 12.86 Major Exporters 3/ 6.96 68.39 0.03 22.60 44.49 8.29 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 0.41 6.16 0.01 4.50 1.52 0.55 Major Importers 4/ 1.44 15.36 36.41 50.50 0.70 2.00 European Union 0.25 11.06 19.62 29.89 0.36 0.68 Southeast Asia 5/ 1.10 2.67 15.08 17.25 0.34 1.26 2015/16 Est. World 2/ 13.09 217.10 61.60 214.48 66.00 11.31 United States 0.24 40.53 0.37 30.04 10.85 0.24 Total Foreign 12.86 176.57 61.24 184.45 55.14 11.08 Major Exporters 3/ 8.29 68.69 0.07 23.55 46.14 7.35 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 0.55 4.64 0.05 4.71 0.41 0.12 Major Importers 4/ 2.00 16.93 36.29 53.22 0.68 1.32 European Union 0.68 11.93 19.20 31.14 0.30 0.37 Southeast Asia 5/ 1.26 3.28 15.37 18.62 0.38 0.91 2016/17 Proj. World 2/ Dec 11.39 227.30 64.82 224.54 68.19 10.77 Jan 11.31 227.80 64.77 225.16 68.32 10.41 United States Dec 0.24 41.38 0.30 30.94 10.71 0.27 Jan 0.24 41.20 0.30 30.94 10.52 0.27 Total Foreign Dec 11.15 185.92 64.52 193.61 57.49 10.50 Jan 11.08 186.60 64.48 194.23 57.79 10.14 Major Exporters 3/ Dec 7.53 72.08 0.02 24.18 48.60 6.86 Jan 7.35 73.13 0.03 24.73 49.30 6.48 Argentina Dec 4.23 33.93 0.00 2.78 31.60 3.78 Jan 4.23 34.58 0.00 2.78 32.30 3.73 Brazil Dec 3.01 31.35 0.02 16.75 15.20 2.43 Jan 3.01 31.35 0.02 16.75 15.20 2.43 India Dec 0.30 6.80 0.00 4.65 1.80 0.65 Jan 0.12 7.20 0.01 5.20 1.80 0.33 Major Importers 4/ Dec 1.23 16.57 39.33 54.95 0.74 1.43 Jan 1.32 16.57 39.33 55.05 0.69 1.48 European Union Dec 0.31 11.61 20.25 31.49 0.35 0.33 Jan 0.37 11.61 20.25 31.59 0.30 0.34 Southeast Asia 5/ Dec 0.87 3.29 17.28 20.04 0.39 1.01 Jan 0.91 3.29 17.28 20.04 0.39 1.05 ================================================================================ WASDE - 561 - 30 January 2017 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/ 3.89 49.31 10.03 48.06 11.09 4.08 United States 0.53 9.71 0.12 8.60 0.91 0.84 Total Foreign 3.37 39.60 9.91 39.46 10.18 3.24 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/ 1.55 15.20 5.26 20.35 0.18 1.47 China 0.97 13.35 0.77 14.20 0.11 0.78 India 0.42 1.39 2.82 4.10 0.00 0.52 North Africa 5/ 0.16 0.47 1.67 2.05 0.07 0.17 2015/16 Est. World 2/ 4.08 51.88 11.64 51.95 11.75 3.89 United States 0.84 9.96 0.13 9.15 1.02 0.77 Total Foreign 3.24 41.92 11.51 42.81 10.74 3.13 Major Exporters 3/ 0.97 18.96 0.39 11.20 8.16 0.97 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 2.87 0.33 2.17 0.92 0.35 Major Importers 4/ 1.47 15.95 6.85 22.84 0.16 1.27 China 0.78 14.57 0.59 15.25 0.10 0.59 India 0.52 1.04 4.27 5.30 0.00 0.53 North Africa 5/ 0.17 0.34 2.00 2.29 0.06 0.15 2016/17 Proj. World 2/ Dec 3.81 53.95 11.27 53.98 11.61 3.43 Jan 3.89 54.20 11.02 54.00 11.57 3.54 United States Dec 0.77 10.11 0.13 9.32 0.98 0.70 Jan 0.77 10.16 0.13 9.32 0.98 0.75 Total Foreign Dec 3.04 43.84 11.14 44.66 10.63 2.73 Jan 3.13 44.05 10.89 44.68 10.59 2.79 Major Exporters 3/ Dec 0.95 18.96 0.29 11.46 7.90 0.84 Jan 0.97 19.14 0.29 11.56 8.00 0.84 Argentina Dec 0.33 8.42 0.00 2.87 5.55 0.33 Jan 0.33 8.60 0.00 2.97 5.65 0.31 Brazil Dec 0.29 7.75 0.04 6.42 1.40 0.26 Jan 0.29 7.75 0.04 6.42 1.40 0.26 European Union Dec 0.33 2.79 0.25 2.17 0.95 0.25 Jan 0.35 2.79 0.25 2.17 0.95 0.27 Major Importers 4/ Dec 1.21 17.57 6.31 23.79 0.19 1.10 Jan 1.27 17.68 6.11 23.69 0.19 1.17 China Dec 0.59 15.50 0.82 16.20 0.11 0.60 Jan 0.59 15.50 0.62 16.00 0.11 0.60 India Dec 0.45 1.51 3.80 5.40 0.00 0.37 Jan 0.53 1.62 3.80 5.50 0.00 0.45 North Africa 5/ Dec 0.17 0.55 1.69 2.19 0.08 0.14 Jan 0.15 0.55 1.69 2.19 0.08 0.12 ================================================================================ WASDE - 561 - 31 January 2017 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 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 6635 6645 13336 10050 1515 11695 25031 2170 52.5 DecProj. 25140 24916 50278 40700 5995 47239 97517 8398 212.4 Jan Est. 25225 24936 50385 40675 5985 47204 97589 8398 212.5 2017 I* 6070 6455 12582 10175 1445 11750 24332 2135 53.8 II* 6405 6365 12829 10450 1525 12118 24947 2120 55.6 III* 6745 6415 13216 10600 1550 12292 25508 2130 53.9 IV* 6735 6970 13763 10350 1600 12090 25853 2175 53.8 DecProj. 25940 25800 51970 41550 6120 48225 100195 8550 216.8 JanProj. 25955 26205 52390 41575 6120 48250 100640 8560 217.1 ================================================================================ 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 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 107.69 37.04 78.0 116.6 81.7 17.40-17.50 DecProj. 120.56 45.78 84.2 117.6 83.6 16.05-16.15 Jan Est. 120.86 46.16 84.3 117.1 85.7 16.20 2017 I* 112-116 39-41 79-83 102-106 78-82 18.00-18.40 II* 105-113 38-40 81-87 102-110 87-93 17.30-18.00 III* 102-110 41-45 81-87 108-116 93-101 17.45-18.45 IV* 104-112 34-36 79-85 109-119 106-114 17.70-18.70 DecProj. 103-111 39-41 80-85 107-115 88-95 16.85-17.65 JanProj. 106-113 38-41 80-86 105-113 91-97 17.60-18.40 ================================================================================ WASDE - 561 - 32 January 2017 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 Est. Dec 683 25204 3021 28908 2484 700 25724 55.6 Jan 683 25289 3006 28978 2519 690 25769 55.7 2017 Proj. Dec 700 26004 2680 29384 2630 600 26154 56.1 Jan 690 26019 2700 29409 2640 600 26169 56.1 Pork 2015 559 24517 1116 26191 5009 590 20593 49.7 2016 Est. Dec 590 24932 1096 26617 5179 615 20823 49.9 Jan 590 24952 1096 26637 5229 560 20848 49.9 2017 Proj. Dec 615 25816 1085 27516 5440 635 21441 51.0 Jan 560 26221 1085 27866 5440 660 21766 51.8 TotalRed Meat5/ 2015 1190 48520 4700 54410 7279 1320 45810 104.8 2016 Est. Dec 1320 50368 4331 56019 7669 1356 46995 106.6 Jan 1320 50475 4318 56113 7754 1280 47080 106.8 2017 Proj. Dec 1356 52060 3953 57369 8078 1276 48015 108.2 Jan 1280 52480 3973 57733 8088 1290 48355 109.0 Broiler 2015 680 39620 131 40431 6321 832 33277 88.9 2016 Est. Dec 832 40265 127 41223 6666 780 33777 89.5 Jan 832 40240 131 41203 6626 780 33797 89.6 2017 Proj. Dec 780 41105 132 42017 6925 715 34377 90.5 Jan 780 41130 140 42050 6925 715 34410 90.6 Turkey 2015 193 5627 45 5866 529 201 5136 16.0 2016 Est. Dec 201 5995 49 6245 575 225 5445 16.8 Jan 201 5985 52 6238 570 245 5423 16.7 2017 Proj. Dec 225 6120 40 6385 630 250 5505 16.9 Jan 245 6120 40 6405 630 275 5500 16.9 Total Poultry6/ 2015 877 45769 177 46823 6995 1041 38787 106.0 2016 Est. Dec 1041 46803 178 48021 7388 1014 39619 107.5 Jan 1041 46768 186 47995 7348 1034 39613 107.5 2017 Proj. Dec 1014 47780 174 48968 7695 974 40299 108.6 Jan 1034 47805 182 49021 7695 999 40327 108.7 RedMeat& Poultry 2015 2066 94289 4877 101232 14273 2361 84598 210.8 2016 Est. Dec 2361 97171 4508 104040 15057 2370 86614 214.2 Jan 2361 97243 4503 104108 15102 2314 86692 214.3 2017 Proj. Dec 2370 99840 4127 106337 15773 2250 88314 216.8 Jan 2314 100284 4155 106753 15783 2289 88681 217.7 ================================================================================ WASDE - 561 - 33 January 2017 U.S. Egg Supply and Use ================================================================================ 2014 2015 2016Proj. 2016 Est. 2017Proj. 2017Proj. Commodity Dec Jan Dec Jan ================================================================================ Million Dozen Eggs Supply BeginningStocks 23.0 23.3 31.1 31.1 27.0 27.0 Production 8431.0 7974.7 8398.1 8398.1 8550.0 8560.0 Imports 34.7 123.5 102.1 107.1 60.0 60.0 Total Supply 8488.7 8121.5 8531.3 8536.3 8637.0 8647.0 Use Exports 378.5 313.6 275.4 275.4 295.0 325.0 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 7221.6 7226.6 7275.0 7255.0 Per Capita (number) 267.1 252.9 267.4 267.5 267.5 266.8 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2014 2015 2016Proj. 2016 Est. 2017Proj. 2017Proj. Commodity Dec Jan Dec Jan ================================================================================ Billion Pounds Milk Production 206.1 208.6 212.4 212.5 216.8 217.1 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 11.2 11.2 13.3 13.3 14.0 13.4 Marketings 205.1 207.7 211.5 211.5 215.9 216.1 Imports 4.3 5.7 7.0 7.0 7.0 7.0 Total Cml. Supply 220.6 224.6 231.8 231.9 236.8 236.5 Commercial Exports 12.4 8.8 8.8 9.1 8.4 8.3 Ending Commercial Stocks 11.2 13.3 14.0 13.4 13.7 13.2 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 196.9 202.5 209.0 209.4 214.8 215.0 Beg.CommercialStocks 11.7 13.1 13.9 13.9 13.8 14.3 Marketings 205.1 207.7 211.5 211.5 215.9 216.1 Imports 5.6 6.0 6.4 6.4 6.2 6.2 Total Cml. Supply 222.4 226.7 231.7 231.8 235.8 236.6 Commercial Exports 39.0 37.3 38.7 38.9 40.1 40.2 Ending Commercial Stocks 13.1 13.9 13.8 14.3 13.2 12.9 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 170.3 175.5 179.2 178.6 182.5 183.5 ================================================================================ WASDE - 561 - 34 January 2017 U.S. Dairy Prices ================================================================================ Commod- 2014 2015 2016 Proj. 2016 Est. 2017 Proj. 2017 Proj. ity Dec Jan Dec Jan ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1551 1.6454 1.595-1.605 1.6050 1.650-1.730 1.675-1.755 Butter 2.1361 2.0670 2.060-2.090 2.0777 1.920-2.030 2.095-2.205 Nonfat Dry Milk 1.7682 0.9016 0.820-0.840 0.8292 0.950-1.010 0.990-1.050 Dry Whey 0.6538 0.3804 0.280-0.290 0.2875 0.380-0.410 0.415-0.445 Milk Prices 2/ Dollars Per Cwt ClassIII 22.34 15.80 14.75-14.85 14.87 15.85-16.65 16.35-17.15 Class IV 22.09 14.35 13.65-13.85 13.77 14.20-15.10 15.25-16.15 All Milk 3/ 23.97 17.12 16.05-16.15 16.20 16.85-17.65 17.60-18.40 ================================================================================ WASDE - 561 - 35 January 2017 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 26 9 U.S. 0.2 0.3 0.1 0.0 0.3 15 9 Foreign 0.8 1.3 3.1 0.1 8.3 25 10 Exports World 5.4 9.1 5.4 0.1 18.4 27 8 U.S. 5.0 8.5 1.3 0.1 3.9 19 16 Foreign 6.5 11.0 5.2 0.3 18.0 29 6 Domestic Use World 1.2 2.1 5.4 0.1 14.7 21 14 U.S. 4.6 7.8 1.1 0.0 3.0 11 23 Foreign 1.2 2.1 5.3 0.6 14.8 22 13 Ending Stocks World 5.0 8.5 6.0 0.2 18.1 24 11 U.S. 9.0 15.3 1.5 0.0 4.6 21 13 Foreign 5.5 9.3 5.2 0.1 16.9 24 11 COARSE GRAINS 2/ Production World 1.3 2.2 10.4 0.0 26.3 25 10 U.S. 0.4 0.7 0.3 0.0 4.6 16 7 Foreign 1.8 3.0 10.2 0.0 26.3 24 11 Exports World 6.6 11.2 6.1 0.2 31.9 26 9 U.S. 12.0 20.4 4.6 0.2 13.3 16 19 Foreign 11.1 18.9 5.8 0.4 26.8 24 11 Domestic Use World 1.1 1.8 7.7 0.0 29.0 18 17 U.S. 3.1 5.2 4.0 0.2 18.8 16 19 Foreign 1.2 2.1 7.3 0.1 22.8 24 11 Ending Stocks World 9.7 16.4 11.9 0.6 31.8 29 6 U.S. 15.6 26.5 5.8 0.0 24.3 19 15 Foreign 12.5 21.2 9.8 0.1 29.6 28 7 RICE, milled Production World 1.7 2.8 4.7 0.0 13.9 29 5 U.S. 1.7 2.9 0.1 0.0 0.3 13 7 Foreign 1.7 2.8 4.7 0.1 13.9 30 5 Exports World 9.2 15.6 1.6 0.0 6.6 26 9 U.S. 7.4 12.5 0.2 0.0 0.6 18 15 Foreign 10.2 17.4 1.5 0.0 6.2 25 10 Domestic Use World 1.4 2.4 3.6 0.0 13.9 24 11 U.S. 7.8 13.2 0.2 0.0 0.5 15 20 Foreign 1.4 2.4 3.5 0.0 13.6 25 10 Ending Stocks World 9.4 15.9 4.4 0.5 26.6 29 6 U.S. 21.2 36.0 0.2 0.0 0.6 20 14 Foreign 9.6 16.2 4.4 0.2 26.5 29 6 ================================================================================ WASDE - 561 - 36 January 2017 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 4.7 0.0 22.4 20 15 U.S. 1.4 2.4 0.7 0.0 2.5 15 15 Foreign 5.8 9.9 4.8 0.2 22.6 20 15 Exports World 6.9 11.7 2.9 0.1 12.2 22 13 U.S. 8.3 14.1 1.8 0.1 6.7 21 14 Foreign 17.9 30.4 2.7 0.0 11.8 16 19 Domestic Use World 2.7 4.5 3.6 0.1 13.0 20 15 U.S. 3.4 5.7 1.2 0.0 3.6 23 12 Foreign 3.3 5.5 3.2 0.3 12.7 20 15 Ending Stocks World 14.9 25.2 3.9 0.1 18.7 19 16 U.S. 43.1 73.2 1.9 0.1 6.6 8 27 Foreign 17.0 28.8 3.5 0.1 13.8 23 12 COTTON Production World 2.6 4.5 2.0 0.0 5.4 22 12 U.S. 1.0 1.7 0.1 0.0 0.3 13 21 Foreign 3.2 5.4 2.0 0.0 5.7 24 10 Exports World 6.5 11.0 1.7 0.1 8.8 19 16 U.S. 11.2 18.9 0.8 0.0 2.7 22 13 Foreign 8.2 13.9 1.3 0.0 8.1 21 14 Domestic Use World 2.6 4.5 2.0 0.3 6.8 18 17 U.S. 5.6 9.6 0.3 0.0 0.9 20 14 Foreign 2.7 4.6 1.9 0.4 6.5 19 16 Ending Stocks World 10.2 17.3 3.8 0.1 11.3 23 12 U.S. 20.9 35.5 0.9 0.2 2.4 10 25 Foreign 10.9 18.6 3.7 0.2 11.6 24 11 ================================================================================ WASDE - 561 - 37 January 2017 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 11 0 148 4 2 Exports 12.5 21.2 164 9 467 15 20 Domestic Use 3.1 5.2 144 7 574 17 18 Ending Stocks 17.4 29.5 228 1 986 20 15 SORGHUM Production 1.1 1.8 2 0 53 1 3 Exports 16.1 27.3 28 0 97 24 9 Domestic Use 17.9 30.4 36 1 148 16 19 Ending Stocks 46.0 78.0 25 1 98 12 23 BARLEY Production 0.8 1.3 1 0 11 15 4 Exports 22.1 37.5 8 0 37 12 21 Domestic Use 6.1 10.3 15 0 70 13 19 Ending Stocks 11.8 20.0 11 1 52 22 13 OATS Production 0.3 0.6 0 0 2 4 4 Exports 67.7 114.9 1 0 7 7 10 Domestic Use 4.7 7.9 11 1 39 17 18 Ending Stocks 17.8 30.1 13 1 47 20 15 Thousand Short Tons SOYBEAN MEAL Production 3.2 5.4 874 15 2728 23 12 Exports 10.3 17.4 635 34 2350 25 10 Domestic Use 2.9 4.9 641 34 2066 18 17 Ending Stocks 34.9 59.2 61 0 214 13 20 Million Pounds SOYBEAN OIL Production 3.2 5.4 413 7 1418 25 10 Exports 23.8 40.4 286 0 1325 19 14 Domestic Use 3.5 6.0 420 25 1628 23 12 Ending Stocks 20.8 35.2 296 25 1206 22 13 ANIMAL PROD. 3/ Million Pounds Beef 3.5 6.0 728 9 2111 23 11 Pork 3.2 5.4 393 5 1717 19 15 Broilers 1.8 3.0 393 24 1011 22 12 Turkeys 3.0 5.0 122 2 407 18 16 Million Dozen Eggs 1.9 3.2 100 4 525 21 13 Billion Pounds Milk 1.5 2.6 1.8 0.0 5.7 17 13 ================================================================================