WASDE - 563 - 8 March 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 2514.44 3034.26 394.13 2455.08 579.18 2015/16 (Est.) 2456.79 3035.97 377.33 2433.49 602.48 2016/17 (Proj.) Feb 2557.40 3160.65 406.13 2543.41 617.24 Mar 2573.12 3175.60 412.78 2553.00 622.61 Wheat 2014/15 728.28 923.20 164.42 705.69 217.52 2015/16 (Est.) 735.25 952.77 172.79 712.48 240.29 2016/17 (Proj.) Feb 748.24 989.00 178.99 740.40 248.61 Mar 751.07 991.36 181.02 741.42 249.94 Coarse Grains 5/ 2014/15 1307.60 1518.64 186.13 1271.88 246.75 2015/16 (Est.) 1249.37 1496.13 164.15 1250.07 246.05 2016/17 (Proj.) Feb 1329.03 1575.06 185.78 1324.39 250.67 Mar 1341.70 1587.75 190.53 1332.74 255.01 Rice, milled 2014/15 478.55 592.42 43.58 477.51 114.91 2015/16 (Est.) 472.16 587.08 40.39 470.93 116.15 2016/17 (Proj.) Feb 480.13 596.59 41.36 478.63 117.96 Mar 480.35 596.49 41.23 478.84 117.65 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.) Feb 472.57 556.50 93.79 367.21 95.51 Mar 472.57 556.21 93.78 367.21 95.22 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.) Feb 62.86 92.81 27.90 33.91 31.01 Mar 62.86 92.54 27.90 33.91 30.73 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.) Feb 402.60 454.35 62.40 329.10 62.85 Mar 402.60 454.33 62.39 329.10 62.83 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.) Feb 7.12 9.34 3.49 4.19 1.66 Mar 7.12 9.34 3.49 4.19 1.66 ================================================================================ WASDE - 563 - 9 March 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 2074.95 2535.03 310.85 2108.11 510.20 2015/16 (Est.) 2027.53 2529.97 295.74 2085.21 526.34 2016/17 (Proj.) Feb 2084.82 2604.15 312.35 2176.21 521.73 Mar 2100.55 2619.40 319.00 2185.79 527.39 Wheat 2014/15 673.13 847.87 140.90 674.35 197.04 2015/16 (Est.) 679.14 873.10 151.69 680.46 213.74 2016/17 (Proj.) Feb 685.38 896.19 151.10 706.48 217.60 Mar 688.22 898.82 153.12 707.51 219.21 Coarse Grains 5/ 2014/15 930.37 1103.65 129.43 960.54 199.81 2015/16 (Est.) 882.37 1078.24 107.08 937.37 197.94 2016/17 (Proj.) Feb 926.43 1120.71 123.39 995.28 187.83 Mar 939.10 1133.42 128.14 1003.64 192.18 Rice, milled 2014/15 471.45 583.51 40.52 473.21 113.36 2015/16 (Est.) 466.03 578.62 36.97 467.37 114.67 2016/17 (Proj.) Feb 473.02 587.25 37.87 474.44 116.30 Mar 473.23 587.15 37.74 474.65 116.00 ================================================================================ World and U.S. Supply and Use for Cotton 1/ Million 480-lb. Bales ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World 2014/15 119.19 222.50 35.32 111.41 111.73 2015/16 (Est.) 96.72 208.45 35.29 111.23 97.09 2016/17 (Proj.) Feb 105.42 202.25 35.74 112.52 89.90 Mar 105.72 202.81 35.95 112.43 90.48 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.) Feb 16.96 20.77 12.70 3.30 4.80 Mar 17.23 21.04 13.20 3.30 4.50 Foreign 4/ 2014/15 102.87 203.82 24.07 107.84 108.08 2015/16 (Est.) 83.84 191.88 26.14 107.78 93.29 2016/17 (Proj.) Feb 88.46 181.48 23.04 109.22 85.10 Mar 88.49 181.77 22.75 109.13 85.98 ================================================================================ WASDE - 563 - 10 March 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 2014/15 536.65 614.18 147.13 440.14 92.52 2015/16 (Est.) 520.99 613.52 153.44 447.26 88.92 2016/17 (Proj.) Feb 554.19 643.71 160.98 468.52 91.67 Mar 558.03 646.94 162.36 468.50 94.26 Oilmeals 2014/15 300.41 314.17 86.14 294.19 16.13 2015/16 (Est.) 306.82 322.96 86.91 304.83 14.68 2016/17 (Proj.) Feb 320.54 335.14 91.63 316.73 13.74 Mar 320.92 335.60 91.57 316.58 14.09 Vegetable Oils 2014/15 177.12 200.79 76.50 171.62 23.73 2015/16 (Est.) 177.15 200.88 73.65 178.26 19.93 2016/17 (Proj.) Feb 187.35 207.36 78.58 184.92 18.51 Mar 186.78 206.71 78.18 184.17 18.39 United States Oilseeds 2014/15 116.03 121.83 51.12 55.11 6.76 2015/16 (Est.) 115.88 123.76 53.79 55.05 6.87 2016/17 (Proj.) Feb 127.31 135.79 56.88 57.05 12.95 Mar 127.31 135.79 56.17 57.39 13.32 Oilmeals 2014/15 43.28 47.44 12.15 35.01 0.29 2015/16 (Est.) 42.87 47.23 11.21 35.74 0.28 2016/17 (Proj.) Feb 43.87 48.36 10.88 37.15 0.34 Mar 44.07 48.33 10.90 37.10 0.33 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.) Feb 11.61 17.61 1.24 15.12 1.25 Mar 11.71 17.69 1.34 15.10 1.26 Foreign 3/ Oilseeds 2014/15 420.62 492.35 96.02 385.03 85.77 2015/16 (Est.) 405.11 489.76 99.65 392.20 82.05 2016/17 (Proj.) Feb 426.88 507.91 104.10 411.46 78.72 Mar 430.72 511.15 106.19 411.10 80.94 Oilmeals 2014/15 257.13 266.73 73.99 259.19 15.84 2015/16 (Est.) 263.96 275.73 75.70 269.09 14.40 2016/17 (Proj.) Feb 276.67 286.78 80.75 279.58 13.40 Mar 276.85 287.27 80.66 279.48 13.76 Vegetable Oils 2014/15 166.18 184.65 75.32 157.94 22.44 2015/16 (Est.) 165.95 183.85 72.40 163.72 18.69 2016/17 (Proj.) Feb 175.74 189.75 77.34 169.80 17.26 Mar 175.07 189.02 76.84 169.07 17.14 ================================================================================ WASDE - 563 - 11 March 2017 U.S. Wheat Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ 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 151 113 125 115 Supply, Total 2768 2927 3410 3400 Food 958 957 960 960 Seed 79 67 61 61 Feed and Residual 114 152 225 225 Domestic, Total 1151 1177 1246 1246 Exports 864 775 1025 1025 Use, Total 2015 1952 2271 2271 Ending Stocks 752 976 1139 1129 Avg.FarmPrice ($/bu) 2/ 5.99 4.89 3.80-3.90 3.80-3.90 ================================================================================ 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/ 1532 800 542 366 160 3400 Domestic Use 541 291 231 95 88 1246 Exports 425 320 90 170 20 1025 Use, Total 966 611 321 265 108 2271 Ending Stocks, Total Mar 566 189 221 101 52 1129 Feb 567 197 226 97 52 1139 ================================================================================ WASDE - 563 - 12 March 2017 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ Million Acres FEED GRAINS Area Planted 103.5 103.2 106.6 106.6 Area Harvested 93.1 93.0 96.5 96.5 Metric Tons Yield per Harvested Acre 4.05 3.94 4.17 4.17 Million Metric Tons Beginning Stocks 34.3 46.9 48.1 48.1 Production 377.1 366.7 402.3 402.3 Imports 3.2 3.7 3.4 3.4 Supply, Total 414.6 417.4 453.8 453.7 Feed and Residual 138.5 135.4 148.3 147.3 Food, Seed & Industrial 172.5 176.7 180.2 181.3 Domestic, Total 310.9 312.2 328.6 328.6 Exports 56.7 57.1 62.4 62.4 Use, Total 367.6 369.3 390.9 390.9 Ending Stocks 46.9 48.1 62.8 62.8 Million Acres CORN Area Planted 90.6 88.0 94.0 94.0 Area Harvested 83.1 80.8 86.7 86.7 Bushels Yield per Harvested Acre 171.0 168.4 174.6 174.6 Million Bushels Beginning Stocks 1232 1731 1737 1737 Production 14216 13602 15148 15148 Imports 32 67 55 55 Supply, Total 15479 15401 16940 16940 Feed and Residual 5280 5120 5600 5550 Food,Seed& Industrial 2/ 6601 6646 6795 6845 Ethanol & by-products 3/ 5200 5224 5350 5400 Domestic, Total 11881 11766 12395 12395 Exports 1867 1898 2225 2225 Use, Total 13748 13664 14620 14620 Ending Stocks 1731 1737 2320 2320 Avg.FarmPrice ($/bu) 4/ 3.70 3.61 3.20-3.60 3.20-3.60 ================================================================================ WASDE - 563 - 13 March 2017 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 7.1 8.5 6.7 6.7 AreaHarvested(mil.acres) 6.4 7.9 6.2 6.2 Yield (bushels/acre) 67.6 76.0 77.9 77.9 Beginning Stocks 34 18 37 37 Production 433 597 480 480 Imports 0 5 1 1 Supply, Total 467 620 518 518 Feed and Residual 82 108 130 140 Food, Seed & Industrial 15 137 125 115 Total Domestic 97 245 255 255 Exports 352 339 225 225 Use, Total 449 583 480 480 Ending Stocks 18 37 38 38 Avg.FarmPrice ($/bu) 2/ 4.03 3.31 2.50-2.90 2.50-2.90 BARLEY AreaPlanted (mil. acres) 3.0 3.6 3.1 3.1 AreaHarvested(mil.acres) 2.5 3.2 2.6 2.6 Yield (bushels/acre) 72.7 69.1 77.9 77.9 Beginning Stocks 82 79 102 102 Production 182 218 199 199 Imports 24 19 16 15 Supply, Total 287 315 317 316 Feed and Residual 43 50 55 55 Food, Seed & Industrial 151 153 153 153 Total Domestic 194 202 208 208 Exports 14 11 6 5 Use, Total 209 213 214 213 Ending Stocks 79 102 103 103 Avg.FarmPrice ($/bu) 2/ 5.30 5.52 4.70-5.20 4.70-5.20 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 95 95 Supply, Total 204 229 217 217 Feed and Residual 71 93 90 90 Food, Seed & Industrial 77 77 78 78 Total Domestic 148 170 168 168 Exports 2 2 2 3 Use, Total 150 172 170 171 Ending Stocks 54 57 47 46 Avg.FarmPrice ($/bu) 2/ 3.21 2.12 1.95-2.15 1.95-2.15 ================================================================================ WASDE - 563 - 14 March 2017 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ Million Acres TOTAL Area Planted 2.95 2.63 3.15 3.15 Area Harvested 2.93 2.59 3.10 3.10 Pounds Yield per Harvested Acre 7576 7472 7237 7237 Million Hundredweight Beginning Stocks 2/ 31.8 48.5 46.5 46.5 Production 222.2 193.1 224.1 224.1 Imports 24.6 24.1 23.5 23.5 Supply, Total 278.7 265.8 294.1 294.1 Domestic & Residual 3/ 134.4 111.6 132.0 132.0 Exports, Total 4/ 95.7 107.7 110.0 110.0 Rough 31.8 38.2 43.0 43.0 Milled (rough equiv.) 63.9 69.6 67.0 67.0 Use, Total 230.2 219.3 242.0 242.0 Ending Stocks 48.5 46.5 52.1 52.1 Avg.MillingYield (%) 5/ 70.50 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 13.40 12.20 10.10-10.90 10.10-10.90 LONG GRAIN Harvested Acres (mil.) 2.20 1.85 2.40 2.40 Yield (pounds/acre) 7407 7219 6927 6927 Beginning Stocks 16.2 26.5 22.7 22.7 Production 162.7 133.4 166.5 166.5 Supply, Total 7/ 200.6 180.7 209.7 209.7 Domestic & Residual 3/ 106.2 81.5 102.0 102.0 Exports 8/ 68.0 76.5 76.0 76.0 Use, Total 174.2 158.0 178.0 178.0 Ending Stocks 26.5 22.7 31.7 31.7 Avg.FarmPrice($/cwt) 6/ 11.90 11.20 9.50-10.10 9.50-10.10 MEDIUM & SHORT GRAIN Harvested Acres (mil.) 0.74 0.74 0.69 0.69 Yield (pounds/acre) 8080 8107 8311 8311 Beginning Stocks 13.3 20.2 20.9 20.9 Production 59.6 59.7 57.7 57.7 Supply, Total 7/ 76.1 82.2 81.6 81.6 Domestic & Residual 3/ 28.3 30.1 30.0 30.0 Exports 8/ 27.7 31.2 34.0 34.0 Use, Total 56.0 61.3 64.0 64.0 Ending Stocks 20.2 20.9 17.6 17.6 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 18.30 15.30 12.00-12.80 12.10-12.90 California 10/ 21.60 18.10 13.00-14.00 13.10-14.10 Other States 1/ 14.40 11.20 9.60-10.20 9.70-10.30 ================================================================================ WASDE - 563 - 15 March 2017 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ Million Acres SOYBEANS Area Planted 83.3 82.7 83.4 83.4 Area Harvested 82.6 81.7 82.7 82.7 Bushels Yield per Harvested Acre 47.5 48.0 52.1 52.1 Million Bushels Beginning Stocks 92 191 197 197 Production 3927 3926 4307 4307 Imports 33 24 25 25 Supply, Total 4052 4140 4528 4528 Crushings 1873 1886 1930 1940 Exports 1842 1936 2050 2025 Seed 96 97 95 95 Residual 50 25 33 33 Use, Total 3862 3944 4108 4093 Ending Stocks 191 197 420 435 Avg.FarmPrice ($/bu) 2/ 10.10 8.95 9.10-9.90 9.30-9.90 Million Pounds SOYBEAN OIL Beginning Stocks 1165 1855 1687 1687 Production 4/ 21399 21950 22390 22560 Imports 264 288 300 325 Supply, Total 22828 24093 24377 24572 Domestic Disappearance 18959 20166 20550 20550 Biodiesel 3/ 5039 5670 6200 6200 Food, Feed & other Industrial 13920 14496 14350 14350 Exports 2014 2240 2150 2250 Use, Total 20973 22406 22700 22800 Ending stocks 1855 1687 1677 1772 Avg. Price (c/lb) 2/ 31.60 29.86 34.00-37.00 32.00-35.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 250 260 264 264 Production 4/ 45062 44672 45411 45611 Imports 333 403 325 325 Supply, Total 45645 45335 46000 46200 Domestic Disappearance 32277 33108 34100 34300 Exports 13108 11963 11600 11600 Use, Total 45384 45071 45700 45900 Ending Stocks 260 264 300 300 Avg. Price ($/s.t.) 2/ 368.49 324.56 310.00-340.00 310.00-340.00 ================================================================================ WASDE - 563 - 16 March 2017 U.S. Sugar Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1810 1815 2054 2054 Production 2/ 8656 8989 9240 8975 Beet Sugar 4893 5119 5371 5106 Cane Sugar 3763 3870 3869 3869 Florida 1981 2173 2072 2072 Hawaii 146 152 43 43 Louisiana 1513 1428 1612 1612 Texas 123 116 142 142 Imports 3553 3341 2744 2978 TRQ 3/ 1536 1620 1532 1576 Other Program 4/ 471 396 225 225 Other 5/ 1546 1325 987 1177 Mexico 1532 1309 972 1162 Total Supply 14019 14145 14038 14007 Exports 185 74 75 75 Deliveries 12019 12051 12155 12255 Food 6/ 11888 11881 12000 12100 Other 7/ 131 170 155 155 Miscellaneous 0 -33 0 0 Total Use 12204 12091 12230 12330 Ending Stocks 1815 2054 1808 1677 Stocks to Use Ratio 14.9 17.0 14.8 13.6 ================================================================================ 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. Feb 811 6117 83 4767 1207 1037 Mar 811 6117 83 4767 1207 1037 2016/17 Proj. Feb 1037 6371 60 4769 1470 1229 Mar 1037 6371 60 4769 1421 1278 ================================================================================ WASDE - 563 - 17 March 2017 U.S. Cotton Supply and Use 1/ ================================================================================ 2014/15 2015/16 Est. 2016/17 Proj. 2016/17 Proj. Item Feb Mar ================================================================================ Million Acres Planted 11.04 8.58 10.07 10.07 Harvested 9.35 8.07 9.52 9.52 Pounds Yield per Harvested Acre 838 766 855 869 Million 480 Pound Bales Beginning Stocks 2.35 3.65 3.80 3.80 Production 16.32 12.89 16.96 17.23 Imports 0.01 0.03 0.01 0.01 Supply, Total 18.68 16.57 20.77 21.04 Domestic Use 3.58 3.45 3.30 3.30 Exports, Total 11.25 9.15 12.70 13.20 Use, Total 14.82 12.60 16.00 16.50 Unaccounted 2/ 0.21 0.17 -0.03 0.04 Ending Stocks 3.65 3.80 4.80 4.50 Avg. Farm Price 3/ 61.3 61.2 67.00-71.00 67.00-70.00 ================================================================================ WASDE - 563 - 18 March 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/ 194.92 728.28 159.08 131.75 705.69 164.42 217.52 United States 16.07 55.15 4.12 3.09 31.33 23.52 20.48 Total Foreign 178.86 673.13 154.97 128.66 674.35 140.90 197.04 Major Exporters 4/ 27.38 224.01 6.66 62.82 147.28 81.47 29.29 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 10.40 29.42 0.49 3.72 9.05 24.16 7.09 European Union 5/ 9.94 156.91 5.98 55.00 124.68 35.42 12.73 Major Importers 6/ 100.70 197.40 84.96 29.88 262.36 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 36.14 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 75.34 40.24 20.68 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/ 217.52 735.25 169.89 138.52 712.48 172.79 240.29 United States 20.48 56.12 3.07 4.14 32.02 21.09 26.55 Total Foreign 197.04 679.14 166.81 134.38 680.46 151.69 213.74 Major Exporters 4/ 29.29 223.06 7.57 67.67 151.98 82.54 25.41 Argentina 4.80 11.30 0.01 0.20 5.90 9.60 0.62 Australia 4.67 24.17 0.15 3.80 7.23 16.12 5.64 Canada 7.09 27.59 0.49 2.67 7.87 22.13 5.17 European Union 5/ 12.73 160.00 6.92 61.00 130.98 34.68 13.99 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 0.54 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 20.68 118.24 7.39 26.89 78.16 51.48 16.67 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 - 563 - 19 March 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/ Feb 240.77 748.24 174.51 148.98 740.40 178.99 248.61 Mar 240.29 751.07 176.63 148.32 741.42 181.02 249.94 United States Feb 26.55 62.86 3.40 6.12 33.91 27.90 31.01 Mar 26.55 62.86 3.13 6.12 33.91 27.90 30.73 Total Foreign Feb 214.21 685.38 171.11 142.86 706.48 151.10 217.60 Mar 213.74 688.22 173.50 142.20 707.51 153.12 219.21 Major Exporters 4/ Feb 25.74 224.56 6.64 68.10 153.66 79.90 23.39 Mar 25.41 227.36 6.14 67.60 153.06 81.60 24.25 Argentina Feb 0.62 15.00 0.01 0.10 6.30 8.90 0.42 Mar 0.62 16.00 0.01 0.10 6.20 10.10 0.32 Australia Feb 5.97 33.00 0.15 4.50 7.96 24.50 6.66 Mar 5.64 35.00 0.15 4.50 7.96 25.50 7.33 Canada Feb 5.17 31.70 0.49 5.00 10.20 21.00 6.16 Mar 5.17 31.70 0.49 5.00 10.20 20.50 6.66 European Union 5/ Feb 13.99 144.86 6.00 58.50 129.20 25.50 10.15 Mar 13.99 144.66 5.50 58.00 128.70 25.50 9.94 Major Importers 6/ Feb 139.62 199.01 91.66 34.12 274.67 7.32 148.31 Mar 139.62 199.04 92.76 34.17 275.27 7.29 148.86 Brazil Feb 1.60 6.70 6.70 0.70 11.50 1.60 1.90 Mar 1.60 6.73 6.70 0.70 11.50 1.60 1.93 China Feb 97.04 128.85 4.00 16.00 118.00 0.80 111.09 Mar 97.04 128.85 4.00 16.00 118.00 0.80 111.09 Sel. Mideast 7/ Feb 13.72 19.41 17.43 4.61 38.47 0.55 11.55 Mar 13.72 19.41 17.73 4.61 38.69 0.55 11.63 N. Africa 8/ Feb 16.54 14.13 28.60 2.28 44.68 0.68 13.91 Mar 16.54 14.13 28.60 2.28 44.68 0.66 13.94 Pakistan Feb 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Mar 3.83 25.30 0.03 0.80 24.50 0.90 3.75 Southeast Asia 9/ Feb 5.09 0.00 24.50 8.74 23.96 1.02 4.62 Mar 5.09 0.00 25.00 8.79 24.21 1.02 4.87 India Feb 14.54 87.00 3.70 4.50 96.84 0.40 8.00 Mar 14.54 87.00 5.50 4.50 98.14 0.40 8.50 FSU-12 Feb 16.62 130.22 7.52 27.90 79.29 53.37 21.70 Mar 16.67 130.22 7.52 27.89 79.26 53.52 21.63 Russia Feb 5.60 72.50 0.50 16.00 39.00 28.50 11.10 Mar 5.60 72.50 0.50 16.00 39.00 28.50 11.10 Kazakhstan Feb 2.56 14.99 0.06 2.10 6.90 7.50 3.20 Mar 2.56 14.99 0.06 2.10 6.90 7.50 3.20 Ukraine Feb 3.25 26.80 0.03 4.40 11.30 16.50 2.27 Mar 3.25 26.80 0.03 4.40 11.30 16.50 2.27 ================================================================================ WASDE - 563 - 20 March 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/ 211.03 1307.60 170.13 751.68 1271.88 186.13 246.75 United States 34.31 377.23 3.44 138.62 311.34 56.70 46.95 Total Foreign 176.72 930.37 166.69 613.06 960.54 129.43 199.80 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 1.04 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/ 43.82 257.64 109.97 264.53 346.46 15.95 49.02 European Union 6/ 15.57 170.67 9.24 121.38 162.56 13.99 18.92 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/ 246.75 1249.37 181.58 763.81 1250.07 164.15 246.05 United States 46.95 367.01 3.93 135.72 312.70 57.07 48.11 Total Foreign 199.81 882.37 177.65 628.09 937.37 107.08 197.94 Major Exporters 4/ 20.09 153.80 8.24 84.02 113.43 52.01 16.69 Argentina 4.27 37.94 0.01 9.31 14.27 25.33 2.62 Australia 1.53 12.44 0.00 4.19 5.87 7.04 1.06 Brazil 8.21 69.13 3.95 50.84 60.19 14.23 6.87 Canada 3.33 25.62 1.55 13.91 21.24 4.60 4.67 Major Importers 5/ 49.02 245.44 124.06 271.16 353.70 15.72 49.11 European Union 6/ 18.92 151.73 14.24 115.99 156.91 13.11 14.87 Japan 1.74 0.18 17.06 13.29 17.26 0.00 1.72 Mexico 4.83 32.40 14.95 26.72 44.72 1.56 5.91 N. Afr & Mideast 7/ 14.54 32.95 32.84 56.57 64.92 0.11 15.30 Saudi Arabia 3.36 0.36 14.79 13.60 14.11 0.00 4.41 Southeast Asia 8/ 3.50 27.56 15.20 32.96 40.97 0.93 4.37 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 - 563 - 21 March 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/ Feb 246.03 1329.03 173.07 793.15 1324.39 185.78 250.67 Mar 246.05 1341.70 174.30 796.54 1332.74 190.53 255.01 United States Feb 48.11 402.60 3.64 148.62 329.10 62.40 62.85 Mar 48.11 402.60 3.62 147.60 329.10 62.39 62.83 Total Foreign Feb 197.92 926.43 169.43 644.54 995.28 123.39 187.83 Mar 197.94 939.10 170.69 648.94 1003.64 128.14 192.18 Major Exporters 4/ Feb 16.41 186.53 2.88 86.28 117.13 69.49 19.20 Mar 16.69 196.62 2.23 87.88 119.10 74.59 21.85 Argentina Feb 2.62 43.88 0.01 9.97 15.53 27.71 3.27 Mar 2.62 45.18 0.01 10.22 15.79 28.21 3.80 Australia Feb 1.40 14.48 0.00 4.39 6.06 7.78 2.04 Mar 1.06 16.63 0.00 4.54 6.31 8.88 2.51 Brazil Feb 6.17 89.02 1.05 51.57 61.43 28.03 6.78 Mar 6.87 94.02 0.80 52.57 62.48 31.03 8.18 Canada Feb 4.67 25.63 1.09 14.64 22.10 4.45 4.84 Mar 4.67 25.63 1.09 14.64 22.10 4.45 4.84 Major Importers 5/ Feb 49.14 240.20 124.08 278.25 360.88 10.14 42.41 Mar 49.11 240.37 125.48 279.05 361.38 10.09 43.50 European Union 6/ Feb 14.90 152.00 13.66 119.16 159.88 8.23 12.44 Mar 14.87 152.17 13.66 119.16 159.58 8.23 12.88 Japan Feb 1.72 0.17 16.87 13.19 17.18 0.00 1.58 Mar 1.72 0.17 16.87 13.19 17.18 0.00 1.58 Mexico Feb 5.91 32.33 14.78 27.32 45.92 0.80 6.29 Mar 5.91 32.33 14.78 27.32 45.92 0.80 6.29 N. Afr & Mideast 7/ Feb 15.30 26.72 35.67 57.00 65.04 0.17 12.48 Mar 15.30 26.72 36.57 57.50 65.54 0.12 12.93 Saudi Arabia Feb 4.41 0.36 14.21 14.30 14.81 0.00 4.17 Mar 4.41 0.36 14.71 14.60 15.11 0.00 4.37 Southeast Asia 8/ Feb 4.37 28.36 14.32 35.16 43.17 0.94 2.94 Mar 4.37 28.36 14.32 35.16 43.17 0.94 2.94 South Korea Feb 1.95 0.20 9.89 7.64 10.11 0.00 1.92 Mar 1.95 0.20 9.89 7.64 10.11 0.00 1.92 China Feb 112.16 227.35 12.70 170.50 249.05 0.04 103.13 Mar 112.16 227.85 13.10 171.20 249.75 0.04 103.33 FSU-12 Feb 4.21 93.12 0.66 41.70 57.08 34.64 6.27 Mar 4.21 93.12 0.66 41.90 57.28 34.34 6.37 Russia Feb 1.33 40.92 0.11 21.28 30.83 9.24 2.29 Mar 1.33 40.92 0.11 21.48 31.03 8.94 2.39 Ukraine Feb 1.67 39.21 0.06 10.83 14.40 23.91 2.63 Mar 1.67 39.21 0.06 10.83 14.40 23.91 2.63 ================================================================================ WASDE - 563 - 22 March 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/ 174.78 1015.58 125.16 584.45 980.66 142.20 209.70 United States 31.29 361.09 0.80 134.11 301.79 47.42 43.97 Total Foreign 143.48 654.49 124.36 450.34 678.87 94.78 165.73 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/ 19.04 134.04 69.56 142.24 193.81 5.88 22.95 Egypt 2.40 5.96 7.84 11.50 13.90 0.00 2.30 European Union 6/ 6.89 75.73 8.91 59.50 77.88 4.03 9.63 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/ 209.70 961.85 139.92 598.93 960.69 120.23 210.87 United States 43.97 345.51 1.71 130.05 298.87 48.20 44.12 Total Foreign 165.73 616.35 138.20 468.87 661.82 72.03 166.75 Major Exporters 4/ 13.19 104.21 6.01 60.55 77.85 36.70 8.86 Argentina 2.90 29.00 0.01 5.85 9.15 21.70 1.05 Brazil 7.84 67.00 3.40 49.00 57.50 14.20 6.54 South Africa 2.45 8.21 2.60 5.70 11.20 0.80 1.26 Major Importers 5/ 22.95 118.04 81.72 144.20 195.95 4.45 22.31 Egypt 2.30 6.00 8.78 12.45 14.85 0.01 2.21 European Union 6/ 9.63 58.41 13.77 55.00 73.20 1.95 6.66 Japan 1.35 0.00 15.19 11.60 15.20 0.00 1.34 Mexico 4.09 25.97 14.01 20.30 37.30 1.56 5.21 Southeast Asia 7/ 3.49 27.51 15.19 32.90 40.90 0.93 4.36 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 - 563 - 23 March 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/ Feb 210.39 1040.21 136.77 629.06 1033.03 148.97 217.56 Mar 210.87 1049.24 137.19 630.24 1039.43 152.92 220.68 United States Feb 44.12 384.78 1.40 142.25 314.85 56.52 58.93 Mar 44.12 384.78 1.40 140.98 314.85 56.52 58.93 Total Foreign Feb 166.27 655.43 135.37 486.82 718.19 92.45 158.63 Mar 166.75 664.46 135.79 489.27 724.59 96.40 161.75 Major Exporters 4/ Feb 8.24 136.00 1.11 61.90 80.30 54.50 10.55 Mar 8.86 143.60 0.41 63.10 81.70 58.50 12.66 Argentina Feb 1.05 36.50 0.01 6.80 10.50 25.00 2.06 Mar 1.05 37.50 0.01 6.80 10.50 25.50 2.56 Brazil Feb 5.84 86.50 0.60 49.50 58.50 28.00 6.44 Mar 6.54 91.50 0.30 50.50 59.50 31.00 7.84 South Africa Feb 1.35 13.00 0.50 5.60 11.30 1.50 2.05 Mar 1.26 14.60 0.10 5.80 11.70 2.00 2.26 Major Importers 5/ Feb 22.30 120.77 79.60 147.75 199.78 3.74 19.15 Mar 22.31 120.76 79.60 147.75 199.48 3.74 19.45 Egypt Feb 2.21 6.00 9.00 12.70 15.10 0.01 2.10 Mar 2.21 6.00 9.00 12.70 15.10 0.01 2.10 European Union 6/ Feb 6.64 60.31 13.10 55.40 73.30 2.00 4.75 Mar 6.66 60.30 13.10 55.40 73.00 2.00 5.05 Japan Feb 1.34 0.00 15.00 11.50 15.10 0.00 1.24 Mar 1.34 0.00 15.00 11.50 15.10 0.00 1.24 Mexico Feb 5.21 26.00 13.80 21.00 38.60 0.80 5.61 Mar 5.21 26.00 13.80 21.00 38.60 0.80 5.61 Southeast Asia 7/ Feb 4.36 28.31 14.30 35.10 43.10 0.93 2.94 Mar 4.36 28.31 14.30 35.10 43.10 0.93 2.94 South Korea Feb 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Mar 1.94 0.08 9.80 7.60 9.90 0.00 1.91 Canada Feb 2.24 13.20 1.00 7.50 12.90 1.00 2.54 Mar 2.24 13.20 1.00 7.50 12.90 1.00 2.54 China Feb 110.77 219.55 3.00 161.00 231.00 0.02 102.31 Mar 110.77 219.55 3.00 161.00 231.00 0.02 102.31 FSU-12 Feb 1.43 47.62 0.42 19.19 21.97 24.40 3.11 Mar 1.43 47.62 0.42 19.19 21.97 24.40 3.11 Ukraine Feb 0.59 28.00 0.05 7.00 8.40 18.70 1.54 Mar 0.59 28.00 0.05 7.00 8.40 18.70 1.54 ================================================================================ WASDE - 563 - 24 March 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 41.11 477.51 43.58 114.91 United States 1.03 7.11 0.78 4.30 3.06 1.55 Total Foreign 112.85 471.45 40.33 473.21 40.52 113.36 Major Exporters 4/ 36.78 159.30 0.73 132.84 32.42 31.54 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 10.00 9.78 11.27 Vietnam 1.30 28.17 0.40 22.00 6.61 1.26 Major Importers 5/ 11.47 64.05 13.59 77.15 1.23 10.73 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 6.09 0.00 1.31 Selected Other 0.00 Burma 0.37 12.60 0.01 10.60 1.74 0.65 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/ 114.91 472.16 37.89 470.93 40.39 116.15 United States 1.55 6.13 0.77 3.55 3.42 1.48 Total Foreign 113.36 466.03 37.13 467.38 36.97 114.67 Major Exporters 4/ 31.54 154.47 0.61 127.97 29.51 29.14 India 17.80 104.41 0.00 93.57 10.24 18.40 Pakistan 1.21 6.80 0.01 2.70 4.30 1.02 Thailand 11.27 15.80 0.30 9.10 9.87 8.40 Vietnam 1.26 27.46 0.30 22.60 5.10 1.32 Major Importers 5/ 10.73 62.90 12.27 76.31 0.95 8.65 Brazil 0.64 7.21 0.84 7.85 0.60 0.24 European Union 6/ 1.15 2.05 1.80 3.55 0.27 1.18 Indonesia 4.11 36.20 1.00 37.80 0.00 3.51 Nigeria 0.99 2.71 2.10 5.20 0.00 0.60 Philippines 2.21 11.00 1.60 13.00 0.00 1.81 Sel. Mideast 7/ 1.31 1.89 3.35 5.78 0.00 0.78 Selected Other 0.00 Burma 0.65 12.20 0.04 10.80 1.30 0.78 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 0.71 8.50 0.08 2.62 Mexico 0.17 0.16 0.69 0.89 0.00 0.13 South Korea 1.41 4.33 0.31 4.21 0.00 1.83 ================================================================================ WASDE - 563 - 25 March 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/ Feb 116.46 480.13 38.39 478.63 41.36 117.96 Mar 116.15 480.35 37.95 478.84 41.23 117.65 United States Feb 1.48 7.12 0.75 4.19 3.49 1.66 Mar 1.48 7.12 0.75 4.19 3.49 1.66 Total Foreign Feb 114.98 473.02 37.64 474.44 37.87 116.30 Mar 114.67 473.23 37.21 474.65 37.74 116.00 Major Exporters 4/ Feb 29.14 159.54 0.56 132.75 30.20 26.29 Mar 29.14 159.54 0.56 132.75 29.80 26.69 India Feb 18.40 106.50 0.00 97.00 10.20 17.70 Mar 18.40 106.50 0.00 97.00 10.00 17.90 Pakistan Feb 1.02 6.64 0.01 2.75 4.20 0.72 Mar 1.02 6.64 0.01 2.75 4.20 0.72 Thailand Feb 8.40 18.60 0.25 10.30 10.00 6.95 Mar 8.40 18.60 0.25 10.30 10.00 6.95 Vietnam Feb 1.32 27.80 0.30 22.70 5.80 0.92 Mar 1.32 27.80 0.30 22.70 5.60 1.12 Major Importers 5/ Feb 8.73 64.64 11.80 76.25 0.96 7.96 Mar 8.65 64.89 11.50 76.07 1.06 7.91 Brazil Feb 0.24 7.82 0.70 7.85 0.60 0.31 Mar 0.24 8.07 0.60 7.90 0.70 0.31 European Union 6/ Feb 1.18 2.05 1.85 3.65 0.28 1.15 Mar 1.18 2.05 1.85 3.65 0.28 1.15 Indonesia Feb 3.51 36.60 1.00 37.50 0.00 3.61 Mar 3.51 36.60 0.80 37.30 0.00 3.61 Nigeria Feb 0.60 2.70 2.00 5.00 0.00 0.30 Mar 0.60 2.70 2.00 5.00 0.00 0.30 Philippines Feb 1.81 11.50 1.00 12.90 0.00 1.41 Mar 1.81 11.50 1.00 12.90 0.00 1.41 Sel. Mideast 7/ Feb 0.86 2.02 3.60 5.80 0.00 0.68 Mar 0.78 2.02 3.60 5.78 0.00 0.62 Burma Feb 1.01 12.50 0.00 11.00 1.50 1.01 Mar 0.78 12.50 0.00 11.00 1.50 0.78 C. Amer & Carib 8/ Feb 0.53 1.70 1.79 3.53 0.02 0.46 Mar 0.53 1.70 1.79 3.53 0.02 0.46 China Feb 63.74 144.85 5.00 144.00 0.28 69.31 Mar 63.74 144.85 5.00 144.00 0.50 69.09 Egypt Feb 0.92 4.55 0.30 4.00 0.30 1.48 Mar 0.92 4.55 0.15 4.10 0.30 1.23 Japan Feb 2.62 7.79 0.69 8.50 0.09 2.51 Mar 2.62 7.79 0.69 8.50 0.09 2.51 Mexico Feb 0.13 0.19 0.75 0.89 0.00 0.18 Mar 0.13 0.19 0.75 0.89 0.00 0.18 South Korea Feb 1.83 4.20 0.41 4.70 0.00 1.74 Mar 1.83 4.20 0.41 4.70 0.00 1.74 ================================================================================ WASDE - 563 - 26 March 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 96.72 35.20 111.23 35.29 0.04 97.09 United States 3.65 12.89 0.03 3.45 9.15 0.17 3.80 Total Foreign 108.08 83.84 35.17 107.78 26.14 -0.13 93.29 Major Exporters 4/ 30.33 47.03 1.77 31.67 23.02 -0.27 24.71 Central Asia 5/ 3.01 5.97 3/ 2.33 4.46 0.00 2.19 Afr. Fr. Zone 6/ 2.20 4.18 3/ 0.14 4.86 0.00 1.37 S. Hemis 7/ 11.35 9.97 0.25 4.21 7.69 -0.28 9.96 Australia 1.82 2.85 3/ 0.04 2.85 -0.15 1.93 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 - 563 - 27 March 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 Feb 96.83 105.42 35.75 112.52 35.74 -0.17 89.90 Mar 97.09 105.72 35.96 112.43 35.95 -0.10 90.48 United States Feb 3.80 16.96 0.01 3.30 12.70 -0.03 4.80 Mar 3.80 17.23 0.01 3.30 13.20 0.04 4.50 Total Foreign Feb 93.03 88.46 35.74 109.22 23.04 -0.14 85.10 Mar 93.29 88.49 35.95 109.13 22.75 -0.14 85.98 Major Exporters 4/ Feb 24.43 50.13 2.59 31.19 20.03 -0.28 26.20 Mar 24.71 50.15 3.09 31.15 19.86 -0.28 27.21 Central Asia 5/ Feb 2.17 5.73 3/ 2.44 3.24 0.00 2.22 Mar 2.19 5.74 3/ 2.39 3.09 0.00 2.46 Afr. Fr. Zone 6/ Feb 1.37 4.91 3/ 0.14 4.55 0.00 1.59 Mar 1.37 4.91 3/ 0.14 4.52 0.00 1.61 S. Hemis 7/ Feb 9.71 12.12 0.26 4.21 7.60 -0.29 10.58 Mar 9.96 12.12 0.36 4.21 7.50 -0.29 11.03 Australia Feb 1.68 4.50 3/ 0.04 4.10 -0.15 2.20 Mar 1.93 4.50 3/ 0.04 4.10 -0.15 2.45 Brazil Feb 6.16 6.50 0.10 3.20 2.90 -0.15 6.81 Mar 6.16 6.50 0.20 3.20 2.80 -0.15 7.01 India Feb 10.94 27.00 1.80 23.75 4.40 0.00 11.59 Mar 10.94 27.00 2.20 23.75 4.50 0.00 11.89 Major Importers 8/ Feb 66.84 35.49 30.87 73.84 1.94 0.14 57.29 Mar 66.84 35.49 30.56 73.79 1.81 0.14 57.15 Mexico Feb 0.57 0.73 1.08 1.73 0.10 0.03 0.52 Mar 0.57 0.73 1.08 1.73 0.10 0.03 0.52 China Feb 58.20 22.50 4.50 36.25 0.10 0.00 48.85 Mar 58.20 22.50 4.50 36.25 0.05 0.00 48.90 European Union 9/ Feb 0.26 1.23 0.78 0.80 1.18 0.05 0.25 Mar 0.26 1.23 0.78 0.79 1.18 0.05 0.25 Turkey Feb 1.58 3.20 3.60 6.60 0.33 0.00 1.46 Mar 1.58 3.20 3.25 6.30 0.33 0.00 1.41 Pakistan Feb 2.62 7.70 2.65 10.20 0.23 0.03 2.52 Mar 2.62 7.70 2.60 10.20 0.15 0.03 2.54 Indonesia Feb 0.53 0.01 2.90 2.90 0.01 0.00 0.53 Mar 0.53 0.01 3.10 3.05 0.01 0.00 0.58 Thailand Feb 0.22 3/ 1.20 1.18 0.00 0.03 0.22 Mar 0.22 3/ 1.20 1.18 0.00 0.03 0.22 Bangladesh Feb 1.54 0.12 6.60 6.70 0.00 0.01 1.55 Mar 1.54 0.12 6.40 6.70 0.00 0.01 1.35 Vietnam Feb 0.78 3/ 5.20 5.10 0.00 0.00 0.88 Mar 0.78 3/ 5.40 5.30 0.00 0.00 0.88 ================================================================================ WASDE - 563 - 28 March 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/ 61.75 319.60 124.36 264.41 302.00 126.22 77.49 United States 2.50 106.88 0.90 50.98 54.96 50.14 5.19 Total Foreign 59.24 212.72 123.46 213.44 247.04 76.08 72.30 Major Exporters 3/ 41.36 169.86 0.32 84.19 91.77 68.79 50.99 Argentina 25.27 61.40 0.00 40.02 44.18 10.57 31.92 Brazil 15.82 97.20 0.31 40.44 43.79 50.61 18.93 Paraguay 0.13 8.15 0.01 3.65 3.69 4.49 0.12 Major Importers 4/ 15.22 15.39 105.97 98.31 117.69 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 0.25 0.23 3.00 2.15 3.28 0.00 0.21 Mexico 0.12 0.35 3.82 4.18 4.21 0.00 0.07 2015/16 Est. World 2/ 77.49 312.81 133.34 276.26 314.92 132.13 76.59 United States 5.19 106.86 0.64 51.34 54.64 52.69 5.35 Total Foreign 72.30 205.96 132.70 224.93 260.28 79.44 71.24 Major Exporters 3/ 50.99 164.52 1.12 86.98 94.83 71.60 50.19 Argentina 31.92 56.80 0.68 43.23 47.52 9.92 31.95 Brazil 18.93 96.50 0.41 39.90 43.40 54.38 18.05 Paraguay 0.12 9.01 0.01 3.70 3.74 5.20 0.19 Major Importers 4/ 18.60 15.41 113.30 107.44 128.02 0.32 18.97 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 3.38 0.00 0.26 Mexico 0.07 0.33 4.13 4.40 4.45 0.00 0.08 2016/17 Proj. World 2/ Feb 77.19 336.62 137.43 290.74 330.75 140.11 80.38 Mar 76.59 340.79 138.25 291.55 331.70 141.10 82.82 United States Feb 5.35 117.21 0.68 52.53 56.02 55.79 11.44 Mar 5.35 117.21 0.68 52.80 56.29 55.11 11.84 Total Foreign Feb 71.83 219.42 136.75 238.22 274.73 84.32 68.95 Mar 71.24 223.58 137.57 238.75 275.41 85.99 70.98 Major Exporters 3/ Feb 50.77 171.37 1.36 89.80 97.94 76.25 49.31 Mar 50.19 175.37 1.37 90.30 98.41 77.87 50.65 Argentina Feb 31.95 55.50 1.00 45.30 49.75 9.00 29.70 Mar 31.95 55.50 1.00 45.30 49.75 9.00 29.70 Brazil Feb 18.63 104.00 0.35 40.50 44.10 59.50 19.38 Mar 18.05 108.00 0.35 41.00 44.60 61.00 20.80 Paraguay Feb 0.15 9.17 0.01 3.80 3.85 5.30 0.18 Mar 0.19 9.17 0.01 3.80 3.84 5.40 0.13 Major Importers 4/ Feb 18.97 16.83 114.94 112.38 133.78 0.33 16.64 Mar 18.97 16.80 115.99 112.48 134.18 0.33 17.26 China Feb 16.91 12.90 86.00 86.50 100.80 0.15 14.86 Mar 16.91 12.90 87.00 86.50 101.10 0.15 15.56 European Union Feb 1.12 2.42 13.80 14.70 16.29 0.15 0.90 Mar 1.12 2.39 13.80 14.70 16.29 0.15 0.87 Japan Feb 0.26 0.24 3.10 2.20 3.36 0.00 0.24 Mar 0.26 0.24 3.10 2.20 3.36 0.00 0.24 Mexico Feb 0.08 0.49 4.30 4.70 4.75 0.00 0.12 Mar 0.08 0.49 4.20 4.65 4.70 0.00 0.07 ================================================================================ WASDE - 563 - 29 March 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/ 10.47 208.26 60.87 202.08 64.46 13.08 United States 0.23 40.88 0.30 29.28 11.89 0.24 Total Foreign 10.25 167.38 60.57 172.80 52.57 12.84 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/ 13.08 216.75 62.02 214.55 65.65 11.65 United States 0.24 40.53 0.37 30.04 10.85 0.24 Total Foreign 12.84 176.22 61.65 184.52 54.80 11.41 Major Exporters 3/ 8.29 68.73 0.07 23.59 46.14 7.36 Argentina 4.03 33.21 0.00 2.68 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 17.00 36.57 53.27 0.69 1.61 European Union 0.68 11.93 19.21 31.14 0.30 0.37 Southeast Asia 5/ 1.26 3.35 15.64 18.67 0.39 1.19 2016/17 Proj. World 2/ Feb 11.52 227.86 64.67 225.01 68.29 10.77 Mar 11.65 228.45 64.43 225.07 68.29 11.17 United States Feb 0.24 41.20 0.30 30.94 10.52 0.27 Mar 0.24 41.38 0.30 31.12 10.52 0.27 Total Foreign Feb 11.28 186.66 64.38 194.07 57.76 10.49 Mar 11.41 187.07 64.14 193.95 57.76 10.90 Major Exporters 3/ Feb 7.35 73.33 0.03 24.73 49.40 6.58 Mar 7.36 73.70 0.03 24.74 49.40 6.95 Argentina Feb 4.23 34.78 0.00 2.78 32.40 3.83 Mar 4.23 34.78 0.00 2.79 32.40 3.83 Brazil Feb 3.01 31.35 0.02 16.75 15.20 2.43 Mar 3.01 31.72 0.02 16.75 15.20 2.80 India Feb 0.12 7.20 0.01 5.20 1.80 0.33 Mar 0.12 7.20 0.01 5.20 1.80 0.33 Major Importers 4/ Feb 1.52 16.57 39.23 55.00 0.69 1.62 Mar 1.61 16.69 39.08 55.05 0.69 1.65 European Union Feb 0.37 11.61 20.25 31.54 0.30 0.40 Mar 0.37 11.61 20.25 31.54 0.30 0.40 Southeast Asia 5/ Feb 1.10 3.29 17.18 20.04 0.39 1.14 Mar 1.19 3.42 17.03 20.09 0.39 1.16 ================================================================================ WASDE - 563 - 30 March 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/ 3.90 49.29 10.04 48.02 11.09 4.11 United States 0.53 9.71 0.12 8.60 0.91 0.84 Total Foreign 3.37 39.58 9.92 39.42 10.18 3.26 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/ 1.54 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 0.46 1.67 2.05 0.07 0.17 2015/16 Est. World 2/ 4.11 51.80 11.63 51.97 11.71 3.85 United States 0.84 9.96 0.13 9.15 1.02 0.77 Total Foreign 3.26 41.84 11.50 42.83 10.69 3.08 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 22.89 0.16 1.22 China 0.78 14.57 0.59 15.30 0.10 0.54 India 0.52 1.04 4.27 5.30 0.00 0.53 North Africa 5/ 0.17 0.33 2.00 2.29 0.06 0.15 2016/17 Proj. World 2/ Feb 3.87 54.29 11.07 53.97 11.58 3.68 Mar 3.85 54.47 11.09 53.87 11.74 3.80 United States Feb 0.77 10.16 0.14 9.32 0.98 0.76 Mar 0.77 10.23 0.15 9.32 1.02 0.80 Total Foreign Feb 3.10 44.14 10.93 44.65 10.60 2.92 Mar 3.08 44.24 10.94 44.55 10.72 3.00 Major Exporters 3/ Feb 0.97 19.27 0.29 11.56 8.00 0.97 Mar 0.97 19.37 0.29 11.56 8.05 1.02 Argentina Feb 0.33 8.73 0.00 2.97 5.65 0.44 Mar 0.33 8.73 0.00 2.97 5.65 0.44 Brazil Feb 0.29 7.75 0.04 6.42 1.40 0.26 Mar 0.29 7.85 0.04 6.42 1.45 0.31 European Union Feb 0.35 2.79 0.25 2.17 0.95 0.27 Mar 0.35 2.79 0.25 2.17 0.95 0.27 Major Importers 4/ Feb 1.27 17.68 6.11 23.69 0.19 1.17 Mar 1.22 17.68 6.13 23.69 0.19 1.15 China Feb 0.59 15.50 0.62 16.00 0.11 0.60 Mar 0.54 15.50 0.62 16.00 0.11 0.55 India Feb 0.53 1.62 3.80 5.50 0.00 0.45 Mar 0.53 1.62 3.80 5.50 0.00 0.45 North Africa 5/ Feb 0.15 0.55 1.69 2.19 0.08 0.12 Mar 0.15 0.56 1.71 2.19 0.08 0.15 ================================================================================ WASDE - 563 - 31 March 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 8053 208.6 2016 I 5935 6230 12222 10039 1435 11609 23831 2073 53.0 II 6187 5962 12206 10253 1520 11911 24117 2111 54.3 III 6468 6099 12621 10338 1515 11997 24618 2161 52.6 IV 6623 6647 13327 10065 1511 11708 25035 2220 52.5 Feb Est. 25212 24939 50377 40686 5981 47212 97589 8411 212.5 Mar Est. 25212 24939 50377 40695 5981 47225 97601 8565 212.4 2017 I* 6085 6400 12539 10225 1450 11805 24344 2190 53.8 II* 6605 6320 12982 10450 1535 12123 25105 2165 55.7 III* 6910 6415 13380 10500 1525 12167 25547 2190 54.0 IV* 6650 6970 13678 10350 1575 12065 25743 2235 54.0 FebProj. 26000 26170 52396 41525 6120 48190 100586 8545 217.4 MarProj. 26250 26105 52579 41525 6085 48160 100739 8780 217.5 ================================================================================ 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 37.02 78.0 116.6 81.7 17.67 Feb Est. 120.86 46.16 84.3 117.1 85.7 16.24 Mar Est. 120.86 46.16 84.3 117.1 85.7 16.24 2017 I* 121-124 50-51 85-86 99-102 80-81 18.15-18.35 II* 116-122 45-47 86-90 101-107 83-87 17.10-17.60 III* 110-120 43-47 83-89 104-112 88-96 17.65-18.45 IV* 110-120 36-38 81-87 109-119 101-109 18.15-19.15 FebProj. 109-116 42-45 82-87 104-110 93-98 17.70-18.40 MarProj. 114-121 43-46 83-89 103-110 88-93 17.80-18.40 ================================================================================ WASDE - 563 - 32 March 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 54.0 2016 Est. Feb 683 25276 3016 28975 2550 756 25669 55.4 Mar 683 25276 3016 28975 2550 757 25668 55.6 2017 Proj. Feb 756 26064 2735 29555 2715 600 26240 56.3 Mar 757 26314 2735 29806 2725 600 26481 56.8 Pork 2015 559 24517 1116 26191 5009 590 20593 49.8 2016 Est. Feb 590 24954 1092 26636 5233 509 20894 50.0 Mar 590 24954 1092 26636 5233 507 20896 50.1 2017 Proj. Feb 509 26186 1085 27780 5440 660 21680 51.6 Mar 507 26121 1045 27673 5670 635 21368 50.8 TotalRed Meat5/ 2015 1190 48520 4700 54410 7279 1320 45810 105.0 2016 Est. Feb 1320 50466 4324 56110 7788 1306 47016 106.7 Mar 1320 50466 4324 56110 7788 1304 47018 106.9 2017 Proj. Feb 1306 52486 4017 57809 8163 1295 48351 109.0 Mar 1304 52669 3997 57970 8403 1270 48297 108.8 Broiler 2015 680 39620 131 40431 6321 832 33277 89.0 2016 Est. Feb 832 40251 131 41214 6647 783 33784 89.5 Mar 832 40260 131 41223 6647 778 33798 89.8 2017 Proj. Feb 783 41081 140 42004 6925 745 34334 90.4 Mar 778 41081 140 41999 6925 745 34329 90.4 Turkey 2015 193 5627 45 5866 529 201 5136 16.0 2016 Est. Feb 201 5981 50 6232 568 279 5386 16.6 Mar 201 5981 50 6232 568 279 5386 16.7 2017 Proj. Feb 279 6120 40 6439 630 300 5509 16.9 Mar 279 6085 40 6404 630 300 5474 16.8 Total Poultry6/ 2015 877 45769 177 46823 6995 1041 38787 106.2 2016 Est. Feb 1041 46776 184 48002 7369 1070 39563 107.4 Mar 1041 46789 184 48014 7369 1065 39581 107.7 2017 Proj. Feb 1070 47745 182 48997 7695 1053 40249 108.5 Mar 1065 47715 183 48963 7695 1053 40215 108.4 RedMeat& Poultry 2015 2066 94289 4877 101232 14273 2361 84598 211.1 2016 Est. Feb 2361 97243 4508 104112 15157 2376 86579 214.1 Mar 2361 97255 4508 104125 15157 2369 86599 214.6 2017 Proj. Feb 2376 100231 4199 106806 15858 2348 88600 217.5 Mar 2369 100384 4180 106933 16098 2323 88512 217.2 ================================================================================ WASDE - 563 - 33 March 2017 U.S. Egg Supply and Use ================================================================================ 2014 2015 2016 Est. 2016 Est. 2017Proj. 2017Proj. Commodity Feb Mar Feb Mar ================================================================================ Million Dozen Eggs Supply BeginningStocks 23.0 23.3 31.1 31.1 27.2 27.1 Production 8432.8 8053.0 8411.1 8565.0 8545.0 8780.0 Imports 34.7 123.5 122.1 122.1 60.0 60.0 Total Supply 8490.5 8199.8 8564.3 8718.2 8632.2 8867.1 Use Exports 378.5 313.6 279.2 279.2 325.0 305.0 Hatching Use 980.6 995.6 1009.1 1009.0 1020.0 1035.0 Ending Stocks 23.3 31.1 27.2 27.1 27.0 27.0 Disappearance Total 7108.0 6859.5 7248.8 7402.9 7260.2 7500.1 Per Capita (number) 267.5 256.3 268.4 274.7 267.0 275.8 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2014 2015 2016 Est. 2016 Est. 2017Proj. 2017Proj. Commodity Feb Mar Feb Mar ================================================================================ Billion Pounds Milk Production 206.1 208.6 212.5 212.4 217.4 217.5 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 11.2 11.2 13.3 13.3 14.3 14.0 Marketings 205.1 207.6 211.5 211.5 216.4 216.5 Imports 4.3 5.7 7.0 7.0 6.6 6.6 Total Cml. Supply 220.6 224.6 231.9 231.8 237.3 237.2 Commercial Exports 12.4 8.8 9.2 9.2 8.3 8.3 Ending Commercial Stocks 11.2 13.3 14.3 14.0 14.3 14.3 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 196.9 202.5 208.5 208.6 214.7 214.6 Beg.CommercialStocks 11.7 13.1 13.9 13.9 14.8 14.7 Marketings 205.1 207.6 211.5 211.5 216.4 216.5 Imports 5.6 6.0 6.5 6.5 6.2 6.2 Total Cml. Supply 222.4 226.7 231.9 231.9 237.3 237.4 Commercial Exports 39.0 37.3 38.9 38.9 40.1 39.8 Ending Commercial Stocks 13.1 13.9 14.8 14.7 14.0 14.5 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 170.3 175.5 178.3 178.3 183.2 183.1 ================================================================================ WASDE - 563 - 34 March 2017 U.S. Dairy Prices ================================================================================ Commod- 2014 2015 2016 Est. 2016 Est. 2017 Proj. 2017 Proj. ity Feb Mar Feb Mar ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1551 1.6454 1.6050 1.6050 1.660-1.730 1.645-1.705 Butter 2.1361 2.0670 2.0777 2.0777 2.045-2.145 2.120-2.210 Nonfat Dry Milk 1.7682 0.9016 0.8292 0.8292 0.990-1.050 0.925-0.975 Dry Whey 0.6538 0.3804 0.2875 0.2875 0.455-0.485 0.495-0.525 Milk Prices 2/ Dollars Per Cwt ClassIII 22.34 15.80 14.87 14.87 16.45-17.15 16.60-17.20 Class IV 22.09 14.35 13.77 13.77 15.10-15.90 14.85-15.55 All Milk 3/ 23.97 17.12 16.24 16.24 17.70-18.40 17.80-18.40 ================================================================================ WASDE - 563 - 35 March 2017 Reliability of March 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 0.6 1.0 2.4 0.0 8.0 26 9 U.S. 0.2 0.3 0.1 0.0 0.3 15 9 Foreign 0.7 1.1 2.4 0.1 8.0 26 9 Exports World 4.4 7.5 4.5 0.0 17.0 30 5 U.S. 3.2 5.4 0.8 0.0 2.4 19 15 Foreign 5.4 9.1 4.3 0.2 16.0 28 7 Domestic Use World 1.0 1.6 4.4 0.2 12.2 15 20 U.S. 3.7 6.3 0.9 0.0 2.4 14 21 Foreign 0.9 1.6 4.1 0.1 11.5 19 16 Ending Stocks World 4.2 7.2 5.2 0.2 14.1 24 11 U.S. 8.4 14.2 1.1 0.0 4.5 20 15 Foreign 4.6 7.8 4.5 0.0 13.5 23 11 COARSE GRAINS 2/ Production World 1.1 1.9 9.2 0.5 22.0 29 6 U.S. 0.2 0.3 0.1 0.0 1.3 15 7 Foreign 1.6 2.7 9.2 0.5 21.9 29 6 Exports World 5.3 8.9 5.0 0.0 24.2 25 10 U.S. 8.3 14.1 3.3 0.0 9.1 16 19 Foreign 8.3 14.1 4.4 0.1 21.5 23 12 Domestic Use World 1.0 1.6 6.5 0.1 24.2 19 16 U.S. 3.0 5.1 4.1 0.2 17.3 12 23 Foreign 1.0 1.8 5.8 0.4 17.5 23 12 Ending Stocks World 8.8 14.9 11.0 0.6 28.2 30 5 U.S. 13.8 23.4 4.8 0.1 15.3 20 15 Foreign 11.0 18.7 8.5 0.5 27.0 31 4 RICE, milled Production World 1.3 2.3 3.4 0.2 13.8 26 9 U.S. 1.3 2.3 0.0 0.0 0.2 11 6 Foreign 1.4 2.3 3.4 0.1 13.8 26 9 Exports World 8.2 14.0 1.4 0.1 5.3 28 7 U.S. 6.9 11.8 0.2 0.0 0.5 17 15 Foreign 9.2 15.7 1.3 0.1 4.9 27 8 Domestic Use World 1.2 2.0 3.3 0.2 13.9 23 12 U.S. 7.1 12.0 0.2 0.0 0.4 13 21 Foreign 1.2 2.0 3.2 0.2 13.5 23 12 Ending Stocks World 8.5 14.4 4.2 0.5 25.8 24 11 U.S. 19.4 33.0 0.2 0.0 0.4 20 14 Foreign 8.8 14.9 4.2 0.3 25.7 24 11 ================================================================================ WASDE - 563 - 36 March 2017 Reliability of March 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 2.3 3.9 3.2 0.1 12.4 19 16 U.S. 1.4 2.3 0.6 0.0 2.5 15 13 Foreign 3.8 6.4 3.2 0.1 12.6 19 16 Exports World 5.7 9.6 2.5 0.0 11.5 23 11 U.S. 6.5 11.1 1.5 0.1 6.7 25 10 Foreign 15.1 25.6 2.3 0.1 9.5 16 19 Domestic Use World 2.1 3.6 2.8 0.0 11.4 19 16 U.S. 3.0 5.1 1.1 0.0 3.0 24 10 Foreign 2.5 4.2 2.2 0.1 12.8 17 18 Ending Stocks World 13.4 22.8 3.4 0.1 13.9 17 18 U.S. 40.8 69.2 1.9 0.1 7.2 9 26 Foreign 14.2 24.1 2.7 0.1 9.7 23 12 COTTON Production World 1.8 3.1 1.4 0.0 5.2 21 12 U.S. 1.0 1.7 0.1 0.0 0.3 13 21 Foreign 2.2 3.8 1.4 0.0 5.3 21 13 Exports World 5.1 8.6 1.2 0.0 6.5 19 15 U.S. 6.4 10.9 0.5 0.0 1.4 15 19 Foreign 6.6 11.2 1.1 0.0 5.8 22 13 Domestic Use World 2.1 3.5 1.4 0.0 6.0 17 18 U.S. 3.7 6.4 0.2 0.0 0.7 19 14 Foreign 3.4 5.7 1.6 0.1 10.0 18 17 Ending Stocks World 8.7 14.8 3.0 0.2 8.5 22 13 U.S. 13.2 22.5 0.5 0.0 1.6 12 23 Foreign 9.5 16.2 3.0 0.0 7.9 24 11 ================================================================================ WASDE - 563 - 37 March 2017 Reliability of United States March 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 0.2 0.3 2 0 38 1 2 Exports 8.5 14.4 117 13 292 15 20 Domestic Use 2.9 5.0 142 9 474 13 22 Ending Stocks 15.5 26.3 186 3 713 21 14 SORGHUM Production 0.1 0.3 0 0 4 0 2 Exports 13.7 23.2 25 0 90 22 11 Domestic Use 14.6 24.7 31 1 178 15 20 Ending Stocks 42.8 72.6 25 1 148 14 21 BARLEY Production 0.8 1.3 1 0 11 15 4 Exports 15.7 26.6 5 0 20 12 20 Domestic Use 5.6 9.5 14 0 70 14 19 Ending Stocks 12.7 21.6 14 1 53 23 12 OATS Production 0.3 0.6 0 0 2 4 4 Exports 35.6 60.4 1 0 3 5 6 Domestic Use 4.8 8.2 11 1 36 15 20 Ending Stocks 15.8 26.8 12 1 47 19 16 Thousand Short Tons SOYBEAN MEAL Production 2.9 4.9 849 79 2328 27 8 Exports 8.8 15.0 563 50 2150 29 6 Domestic Use 2.5 4.3 550 41 2066 24 11 Ending Stocks 35.5 60.2 62 0 214 14 19 Million Pounds SOYBEAN OIL Production 2.9 4.9 394 7 1173 27 8 Exports 18.6 31.6 240 0 750 21 13 Domestic Use 2.4 4.1 294 9 760 23 12 Ending Stocks 18.2 30.9 258 17 721 21 14 ANIMAL PROD. 3/ Million Pounds Beef 2.7 4.5 554 103 1613 23 11 Pork 2.9 5.0 335 5 1667 22 12 Broilers 1.6 2.6 334 16 961 19 15 Turkeys 2.9 5.0 119 3 447 18 16 Million Dozen Eggs 1.7 3.0 87 3 534 21 13 Billion Pounds Milk 1.4 2.3 1.6 0.0 5.2 19 12 ================================================================================