WASDE - 608 - 8 January 2021 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/ 2018/19 2626.21 3447.63 430.38 2640.55 807.08 2019/20 (Est.) 2671.70 3478.78 440.96 2669.09 809.69 2020/21 (Proj.) Dec 2722.68 3533.07 465.83 2718.78 814.29 Jan 2714.30 3523.99 464.31 2717.21 806.78 Wheat 2018/19 730.90 1017.87 173.67 734.72 283.16 2019/20 (Est.) 763.91 1047.06 191.46 746.98 300.09 2020/21 (Proj.) Dec 773.66 1074.29 193.65 757.78 316.50 Jan 772.64 1072.73 193.78 759.54 313.19 Coarse Grains 5/ 2018/19 1398.00 1768.19 212.81 1421.15 347.04 2019/20 (Est.) 1411.40 1758.44 206.79 1427.14 331.30 2020/21 (Proj.) Dec 1447.82 1779.37 226.90 1460.56 318.80 Jan 1438.49 1769.78 225.16 1455.69 314.09 Rice, milled 2018/19 497.32 661.57 43.90 484.69 176.89 2019/20 (Est.) 496.40 673.28 42.71 494.98 178.31 2020/21 (Proj.) Dec 501.20 679.42 45.29 500.44 178.98 Jan 503.17 681.47 45.38 501.97 179.50 United States Total Grains 4/ 2018/19 436.32 532.30 83.45 357.57 91.28 2019/20 (Est.) 417.89 516.32 79.77 355.83 80.73 2020/21 (Proj.) Dec 439.62 529.36 104.33 353.64 71.39 Jan 431.48 519.31 102.14 350.74 66.43 Wheat 2018/19 51.31 84.88 25.50 29.99 29.39 2019/20 (Est.) 52.58 84.83 26.28 30.56 27.99 2020/21 (Proj.) Dec 49.69 80.93 26.81 30.67 23.45 Jan 49.69 80.94 26.81 31.38 22.76 Coarse Grains 5/ 2018/19 377.91 438.46 54.97 323.02 60.47 2019/20 (Est.) 359.43 423.01 50.51 320.68 51.83 2020/21 (Proj.) Dec 382.75 439.18 74.51 318.35 46.32 Jan 374.57 429.08 72.35 314.29 42.45 Rice, milled 2018/19 7.11 8.96 2.97 4.57 1.42 2019/20 (Est.) 5.88 8.49 2.99 4.59 0.91 2020/21 (Proj.) Dec 7.18 9.25 3.02 4.62 1.61 Jan 7.23 9.29 2.99 5.08 1.22 ================================================================================ WASDE - 608 - 9 January 2021 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/ 2018/19 2189.90 2915.34 346.94 2282.98 715.80 2019/20 (Est.) 2253.81 2962.46 361.19 2313.27 728.96 2020/21 (Proj.) Dec 2283.06 3003.71 361.50 2365.14 742.90 Jan 2282.82 3004.67 362.17 2366.46 740.35 Wheat 2018/19 679.59 933.00 148.17 704.73 253.77 2019/20 (Est.) 711.32 962.24 165.18 716.41 272.10 2020/21 (Proj.) Dec 723.97 993.35 166.84 727.11 293.05 Jan 722.95 991.79 166.97 728.16 290.43 Coarse Grains 5/ 2018/19 1020.09 1329.73 157.84 1098.13 286.57 2019/20 (Est.) 1051.97 1335.42 156.29 1106.46 279.47 2020/21 (Proj.) Dec 1065.07 1340.19 152.39 1142.21 272.48 Jan 1063.92 1340.70 152.81 1141.41 271.64 Rice, milled 2018/19 490.21 652.61 40.93 480.12 175.46 2019/20 (Est.) 490.52 664.80 39.72 490.39 177.40 2020/21 (Proj.) Dec 494.02 670.17 42.27 495.82 177.37 Jan 495.94 672.19 42.39 496.89 178.28 ================================================================================ 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 2018/19 118.58 199.69 41.64 120.16 80.27 2019/20 (Est.) 122.14 202.41 41.24 102.61 99.28 2020/21 (Proj.) Dec 113.90 213.32 43.21 115.63 97.52 Jan 112.87 212.14 43.56 115.73 96.32 United States 2018/19 18.37 22.57 14.84 2.98 4.85 2019/20 (Est.) 19.91 24.77 15.53 2.15 7.25 2020/21 (Proj.) Dec 15.95 23.20 15.00 2.50 5.70 Jan 14.95 22.21 15.25 2.40 4.60 Foreign 4/ 2018/19 100.21 177.12 26.81 117.19 75.42 2019/20 (Est.) 102.22 177.64 25.71 100.46 92.03 2020/21 (Proj.) Dec 97.95 190.12 28.21 113.13 91.82 Jan 97.91 189.94 28.31 113.33 91.72 ================================================================================ WASDE - 608 - 10 January 2021 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 2018/19 600.00 717.00 170.90 488.67 132.31 2019/20 (Est.) 576.43 708.74 190.17 506.18 110.79 2020/21 (Proj.) Dec 595.68 706.36 191.80 511.73 97.76 Jan 594.48 705.27 192.65 512.28 96.50 Oilmeals 2018/19 332.72 350.52 94.19 328.86 16.17 2019/20 (Est.) 344.66 360.83 93.76 342.22 14.02 2020/21 (Proj.) Dec 351.99 365.88 92.12 350.37 11.62 Jan 352.21 366.23 91.93 350.37 11.97 Vegetable Oils 2018/19 203.49 226.74 86.17 199.36 22.62 2019/20 (Est.) 207.26 229.89 86.16 202.42 23.29 2020/21 (Proj.) Dec 209.14 231.91 86.04 207.94 20.10 Jan 209.41 232.71 86.36 207.75 20.72 United States Oilseeds 2018/19 130.72 145.66 48.82 61.03 26.54 2019/20 (Est.) 106.98 134.74 47.04 63.10 15.96 2020/21 (Proj.) Dec 123.67 140.76 61.08 63.99 6.46 Jan 122.42 140.13 61.81 64.28 5.38 Oilmeals 2018/19 46.52 51.02 12.50 38.10 0.42 2019/20 (Est.) 48.80 53.34 13.05 39.90 0.39 2020/21 (Proj.) Dec 49.37 53.78 12.98 40.39 0.41 Jan 49.67 54.09 13.21 40.47 0.41 Vegetable Oils 2018/19 12.20 18.14 1.09 15.88 1.16 2019/20 (Est.) 12.66 18.75 1.51 16.04 1.21 2020/21 (Proj.) Dec 12.92 19.10 1.48 16.37 1.25 Jan 13.03 19.15 1.47 16.44 1.25 Foreign 3/ Oilseeds 2018/19 469.28 571.34 122.08 427.64 105.78 2019/20 (Est.) 469.45 574.01 143.13 443.08 94.84 2020/21 (Proj.) Dec 472.01 565.60 130.72 447.74 91.30 Jan 472.06 565.15 130.85 447.99 91.13 Oilmeals 2018/19 286.20 299.50 81.69 290.76 15.75 2019/20 (Est.) 295.87 307.49 80.71 302.32 13.63 2020/21 (Proj.) Dec 302.62 312.10 79.14 309.97 11.21 Jan 302.54 312.14 78.72 309.90 11.56 Vegetable Oils 2018/19 191.29 208.60 85.08 183.47 21.46 2019/20 (Est.) 194.60 211.14 84.65 186.38 22.09 2020/21 (Proj.) Dec 196.22 212.81 84.56 191.57 18.85 Jan 196.39 213.55 84.89 191.31 19.47 ================================================================================ WASDE - 608 - 11 January 2021 U.S. Wheat Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Acres Area Planted 47.8 45.5 44.3 44.3 Area Harvested 39.6 37.4 36.7 36.7 Bushels Yield per Harvested Acre 47.6 51.7 49.7 49.7 Million Bushels Beginning Stocks 1099 1080 1028 1028 Production 1885 1932 1826 1826 Imports 135 105 120 120 Supply, Total 3119 3117 2974 2974 Food 954 962 965 965 Seed 59 60 62 63 Feed and Residual 88 101 100 125 Domestic, Total 1102 1123 1127 1153 Exports 937 965 985 985 Use, Total 2039 2089 2112 2138 Ending Stocks 1080 1028 862 836 Avg.FarmPrice ($/bu) 2/ 5.16 4.58 4.70 4.85 ================================================================================ 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 2019/20 (Est.) Beginning Stocks 516 263 158 88 55 1080 Production 845 520 240 273 54 1932 Supply, Total 3/ 1363 836 402 367 150 3117 Domestic Use 480 288 204 85 66 1123 Exports 376 268 92 187 42 965 Use, Total 856 556 297 272 108 2089 Ending Stocks, Total 506 280 105 95 42 1028 2020/21 (Proj.) Beginning Stocks 506 280 105 95 42 1028 Production 659 530 266 302 69 1826 Supply, Total 3/ 1167 870 379 405 153 2974 Domestic Use 438 321 205 96 93 1153 Exports 395 270 75 215 30 985 Use, Total 833 591 280 311 123 2138 Ending Stocks, Total Jan 334 279 99 94 30 836 Dec 348 284 105 95 31 862 ================================================================================ WASDE - 608 - 12 January 2021 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Acres FEED GRAINS Area Planted 99.9 100.6 102.4 102.3 Area Harvested 89.2 89.1 90.7 90.7 Metric Tons Yield per Harvested Acre 4.24 4.03 4.22 4.13 Million Metric Tons Beginning Stocks 57.9 60.5 53.7 51.8 Production 377.7 359.2 382.5 374.3 Imports 2.3 2.8 2.4 2.4 Supply, Total 437.9 422.4 438.6 428.5 Feed and Residual 142.9 154.4 148.5 147.2 Food, Seed & Industrial 179.6 165.7 169.3 166.5 Domestic, Total 322.5 320.1 317.8 313.7 Exports 55.0 50.5 74.5 72.3 Use, Total 377.5 370.6 392.3 386.1 Ending Stocks 60.5 51.8 46.3 42.4 Million Acres CORN Area Planted 88.9 89.7 91.0 90.8 Area Harvested 81.3 81.3 82.5 82.5 Bushels Yield per Harvested Acre 176.4 167.5 175.8 172.0 Million Bushels Beginning Stocks 2140 2221 1995 1919 Production 14340 13620 14507 14182 Imports 28 42 25 25 Supply, Total 16509 15883 16527 16127 Feed and Residual 5429 5903 5700 5650 Food,Seed& Industrial 2/ 6793 6282 6475 6375 Ethanol & by-products 3/ 5378 4852 5050 4950 Domestic, Total 12222 12185 12175 12025 Exports 2066 1778 2650 2550 Use, Total 14288 13963 14825 14575 Ending Stocks 2221 1919 1702 1552 Avg.FarmPrice ($/bu) 4/ 3.61 3.56 4.00 4.20 ================================================================================ WASDE - 608 - 13 January 2021 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 5.7 5.3 5.8 5.9 AreaHarvested(mil.acres) 5.1 4.7 5.0 5.1 Yield (bushels/acre) 72.1 73.0 74.2 73.2 Beginning Stocks 35 64 29 30 Production 365 341 371 373 Imports 0 0 0 0 Supply, Total 400 405 400 403 Feed and Residual 138 97 70 70 Food, Seed & Industrial 106 75 25 15 Total Domestic 244 171 95 85 Exports 93 204 275 290 Use, Total 336 375 370 375 Ending Stocks 64 30 30 28 Avg.FarmPrice ($/bu) 2/ 3.26 3.34 4.40 4.70 BARLEY AreaPlanted (mil. acres) 2.5 2.8 2.6 2.6 AreaHarvested(mil.acres) 2.0 2.2 2.1 2.1 Yield (bushels/acre) 77.5 77.7 77.5 77.5 Beginning Stocks 94 87 80 80 Production 154 172 165 165 Imports 6 7 7 7 Supply, Total 254 266 253 253 Feed and Residual 14 39 25 25 Food, Seed & Industrial 148 142 141 141 Total Domestic 162 180 166 166 Exports 5 6 8 8 Use, Total 167 186 174 174 Ending Stocks 87 80 79 79 Avg.FarmPrice ($/bu) 2/ 4.62 4.69 4.55 4.60 OATS AreaPlanted (mil. acres) 2.7 2.8 3.0 3.0 AreaHarvested(mil.acres) 0.9 0.8 1.0 1.0 Yield (bushels/acre) 64.9 64.3 65.1 65.1 Beginning Stocks 41 38 37 37 Production 56 53 65 65 Imports 86 92 94 94 Supply, Total 184 183 196 196 Feed and Residual 66 63 75 75 Food, Seed & Industrial 78 81 79 79 Total Domestic 144 144 154 154 Exports 2 2 2 2 Use, Total 146 146 156 156 Ending Stocks 38 37 40 40 Avg.FarmPrice ($/bu) 2/ 2.66 2.82 2.70 2.70 ================================================================================ WASDE - 608 - 14 January 2021 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Acres TOTAL RICE Area Planted 2.95 2.55 3.04 3.04 Area Harvested 2.91 2.48 2.99 2.99 Pounds Yield per Harvested Acre 7692 7473 7560 7619 Million Hundredweight Beginning Stocks 2/ 29.4 44.9 28.7 28.7 Production 223.8 185.1 226.1 227.6 Imports 29.0 37.3 36.5 36.2 Supply, Total 282.2 267.3 291.3 292.4 Domestic & Residual 3/ 143.8 144.4 145.5 160.0 Exports, Total 4/ 93.6 94.2 95.0 94.0 Rough 33.3 31.2 34.0 35.0 Milled (rough equiv.) 60.3 62.9 61.0 59.0 Use, Total 237.3 238.6 240.5 254.0 Ending Stocks 44.9 28.7 50.8 38.4 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 12.60 13.50 13.10 13.20 LONG GRAIN RICE Harvested Acres (mil.) 2.18 1.73 2.30 Yield (pounds/acre) 7517 7261 7422 Beginning Stocks 20.3 32.6 16.9 16.9 Production 163.6 125.6 169.8 170.9 Supply, Total 7/ 207.3 188.0 216.2 217.3 Domestic & Residual 3/ 108.5 106.4 111.0 125.0 Exports 8/ 66.2 64.6 67.0 66.0 Use, Total 174.7 171.1 178.0 191.0 Ending Stocks 32.6 16.9 38.2 26.3 Avg.FarmPrice($/cwt) 6/ 10.80 12.00 11.80 12.00 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.73 0.75 0.69 Yield (pounds/acre) 8209 7964 8282 Beginning Stocks 7.6 10.2 10.7 10.7 Production 60.3 59.5 56.3 56.7 Supply, Total 7/ 72.8 78.3 74.0 74.1 Domestic & Residual 3/ 35.3 38.0 34.5 35.0 Exports 8/ 27.3 29.6 28.0 28.0 Use, Total 62.6 67.6 62.5 63.0 Ending Stocks 10.2 10.7 11.5 11.1 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 18.50 17.80 16.80 16.90 California 10/ 21.10 20.60 19.00 19.00 Other States 1/ 12.30 11.60 12.00 12.30 ================================================================================ WASDE - 608 - 15 January 2021 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Acres SOYBEANS Area Planted 89.2 76.1 83.1 83.1 Area Harvested 87.6 74.9 82.3 82.3 Bushels Yield per Harvested Acre 50.6 47.4 50.7 50.2 Million Bushels Beginning Stocks 438 909 523 525 Production 4428 3552 4170 4135 Imports 14 15 15 35 Supply, Total 4880 4476 4709 4695 Crushings 2092 2165 2195 2200 Exports 1752 1682 2200 2230 Seed 88 96 103 103 Residual 39 9 35 22 Use, Total 3971 3952 4534 4555 Ending Stocks 909 525 175 140 Avg.FarmPrice ($/bu) 2/ 8.48 8.57 10.55 11.15 Million Pounds SOYBEAN OIL Beginning Stocks 1995 1775 1849 1849 Production 4/ 24197 24912 25440 25565 Imports 397 319 350 350 Supply, Total 26590 27006 27639 27764 Domestic Disappearance 22874 22319 23000 23200 Biodiesel 3/ 7863 7858 8100 8200 Food, Feed & other Industrial 15011 14461 14900 15000 Exports 1940 2839 2750 2750 Use, Total 24815 25158 25750 25950 Ending stocks 1775 1849 1889 1814 Avg. Price (c/lb) 2/ 28.26 29.65 36.00 38.50 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 555 402 341 341 Production 4/ 48814 51100 51709 51959 Imports 683 639 600 600 Supply, Total 50052 52142 52650 52900 Domestic Disappearance 36212 37723 38300 38300 Exports 13438 14077 14000 14250 Use, Total 49650 51800 52300 52550 Ending Stocks 402 341 350 350 Avg. Price ($/s.t.) 2/ 308.28 299.50 370.00 390.00 ================================================================================ WASDE - 608 - 16 January 2021 U.S. Sugar Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 2008 1783 1618 1618 Production 2/ 8999 8149 8960 9156 Beet Sugar 4939 4351 4859 4992 Cane Sugar 4060 3798 4101 4163 Florida 2005 2106 2135 2135 Hawaii 0 0 0 0 Louisiana 1907 1566 1824 1886 Texas 147 126 142 142 Imports 3070 4235 3428 3344 TRQ 3/ 1541 2152 1808 1721 Other Program 4/ 438 432 350 350 Other 5/ 1092 1651 1270 1273 Mexico 1000 1376 1160 1163 Total Supply 14077 14166 14006 14117 Exports 35 61 35 35 Deliveries 12231 12414 12305 12305 Food 12106 12316 12200 12200 Other 6/ 126 98 105 105 Miscellaneous 28 74 0 0 Total Use 12294 12549 12340 12340 Ending Stocks 1783 1618 1666 1777 Stocks to Use Ratio 14.5 12.9 13.5 14.4 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Actual Weight Sugar 2019/20 Est. Dec 1169 5278 77 4455 1212 858 Jan 1169 5278 77 4455 1212 858 2020/21 Proj. Dec 858 5950 105 4488 1490 935 Jan 858 5950 105 4488 1490 935 ================================================================================ WASDE - 608 - 17 January 2021 U.S. Cotton Supply and Use 1/ ================================================================================ 2018/19 2019/20 Est. 2020/21 Proj. 2020/21 Proj. Item Dec Jan ================================================================================ Million Acres Planted 14.10 13.74 12.12 12.09 Harvested 9.99 11.61 9.01 8.70 Pounds Yield per Harvested Acre 882 823 850 825 Million 480 Pound Bales Beginning Stocks 4.20 4.85 7.25 7.25 Production 18.37 19.91 15.95 14.95 Imports 0.00 0.00 0.00 0.00 Supply, Total 22.57 24.77 23.20 22.21 Domestic Use 2.98 2.15 2.50 2.40 Exports, Total 14.84 15.53 15.00 15.25 Use, Total 17.81 17.68 17.50 17.65 Unaccounted 2/ -0.09 -0.16 0.00 -0.04 Ending Stocks 4.85 7.25 5.70 4.60 Avg. Farm Price 3/ 70.3 59.6 65.0 68.0 ================================================================================ WASDE - 608 - 18 January 2021 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2018/19 World 3/ 286.98 730.90 171.16 139.20 734.72 173.67 283.16 World Less China 155.78 599.47 168.01 119.20 609.72 172.67 143.39 United States 29.91 51.31 3.66 2.39 29.99 25.50 29.39 Total Foreign 257.07 679.59 167.50 136.81 704.73 148.17 253.77 Major Exporters 4/ 42.93 302.77 7.31 81.91 194.75 120.77 37.50 Argentina 0.47 19.50 0.01 0.05 6.05 12.19 1.74 Australia 4.55 17.60 0.50 5.70 9.20 9.01 4.44 Canada 6.73 32.35 0.48 4.16 9.15 24.38 6.04 EU-27+UK 5/ 17.94 136.58 5.76 51.50 121.05 23.31 15.92 Russia 12.01 71.69 0.45 18.00 40.50 35.86 7.78 Ukraine 1.24 25.06 0.11 2.50 8.80 16.02 1.59 Major Importers 6/ 177.35 199.78 111.72 37.99 294.01 12.44 182.40 Bangladesh 2.23 1.10 5.10 0.28 7.18 0.00 1.26 Brazil 1.31 5.43 7.02 0.50 12.10 0.60 1.06 China 131.20 131.43 3.15 20.00 125.00 1.01 139.77 Japan 1.23 0.86 5.73 0.70 6.45 0.29 1.08 N. Africa 7/ 14.87 21.00 26.96 2.25 46.10 1.19 15.53 Nigeria 0.20 0.06 4.66 0.05 4.32 0.40 0.20 Sel. Mideast 8/ 15.28 17.88 17.23 3.45 37.70 0.63 12.06 Southeast Asia 9/ 5.51 0.00 26.72 7.94 25.29 1.07 5.87 Selected Other India 13.23 99.87 0.02 5.00 95.63 0.50 16.99 Kazakhstan 2.54 13.95 0.09 1.80 6.60 8.30 1.68 2019/20 Est. World 3/ 283.16 763.91 185.26 138.95 746.98 191.46 300.09 World Less China 143.39 630.32 179.89 119.95 620.98 190.41 148.41 United States 29.39 52.58 2.86 2.75 30.56 26.28 27.99 Total Foreign 253.77 711.32 182.40 136.20 716.41 165.18 272.10 Major Exporters 4/ 37.50 324.92 6.80 81.21 195.26 141.19 32.78 Argentina 1.74 19.76 0.01 0.05 6.30 13.50 1.70 Australia 4.44 15.20 0.89 5.00 8.50 9.14 2.90 Canada 6.04 32.67 0.68 4.16 9.26 24.63 5.50 EU-27+UK 5/ 15.92 154.51 4.80 52.50 122.50 38.43 14.30 Russia 7.78 73.61 0.33 17.00 40.00 34.49 7.23 Ukraine 1.59 29.17 0.10 2.50 8.70 21.01 1.15 Major Importers 6/ 182.40 202.53 122.16 36.79 297.49 12.74 196.86 Bangladesh 1.26 1.20 6.80 0.30 7.40 0.00 1.86 Brazil 1.06 5.20 7.20 0.50 12.10 0.42 0.94 China 139.77 133.59 5.38 19.00 126.00 1.05 151.68 Japan 1.08 1.10 5.68 0.65 6.37 0.29 1.20 N. Africa 7/ 15.53 18.40 27.74 1.85 46.25 1.06 14.36 Nigeria 0.20 0.06 5.34 0.05 4.90 0.40 0.30 Sel. Mideast 8/ 12.06 22.19 17.71 3.60 38.47 0.78 12.70 Southeast Asia 9/ 5.87 0.00 26.45 7.64 25.15 1.08 6.09 Selected Other India 16.99 103.60 0.02 6.00 95.40 0.51 24.70 Kazakhstan 1.68 11.45 0.58 1.30 6.10 6.99 0.63 ================================================================================ WASDE - 608 - 19 January 2021 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 ================================================================================ 2020/21 Proj. World 3/ Dec 300.62 773.66 189.19 141.03 757.78 193.65 316.50 Jan 300.09 772.64 189.28 142.38 759.54 193.78 313.19 World Less China Dec 148.94 637.66 180.69 117.03 623.78 192.65 155.32 Jan 148.41 638.39 180.28 117.38 624.54 192.78 154.25 United States Dec 27.98 49.69 3.27 2.72 30.67 26.81 23.45 Jan 27.99 49.69 3.27 3.40 31.38 26.81 22.76 Total Foreign Dec 272.65 723.97 185.93 138.31 727.11 166.84 293.05 Jan 272.10 722.95 186.01 138.98 728.16 166.97 290.43 Major Exporters 4/ Dec 33.78 328.48 7.53 77.95 191.25 142.00 36.54 Jan 32.78 329.28 7.53 77.95 191.65 141.50 36.44 Argentina Dec 1.70 18.00 0.01 0.05 6.05 12.50 1.16 Jan 1.70 17.50 0.01 0.05 5.95 12.00 1.26 Australia Dec 3.90 30.00 0.50 4.50 8.00 20.00 6.40 Jan 2.90 30.00 0.50 4.50 8.00 20.00 5.40 Canada Dec 5.50 35.18 0.45 4.40 9.60 26.00 5.53 Jan 5.50 35.18 0.45 4.40 9.60 26.50 5.03 EU-27+UK 5/ Dec 14.30 135.80 6.00 49.00 118.50 26.00 11.60 Jan 14.30 135.80 6.00 49.00 118.50 26.50 11.10 Russia Dec 7.23 84.00 0.50 18.00 41.00 40.00 10.73 Jan 7.23 85.30 0.50 18.00 41.50 39.00 12.53 Ukraine Dec 1.15 25.50 0.08 2.00 8.10 17.50 1.12 Jan 1.15 25.50 0.08 2.00 8.10 17.50 1.12 Major Importers 6/ Dec 196.85 204.87 123.65 41.51 307.61 12.78 204.98 Jan 196.86 203.19 123.75 42.38 308.54 12.79 202.48 Bangladesh Dec 1.86 1.25 6.60 0.30 7.50 0.00 2.21 Jan 1.86 1.25 6.60 0.30 7.50 0.00 2.21 Brazil Dec 0.94 6.30 6.70 0.50 12.20 0.60 1.14 Jan 0.94 6.30 6.70 0.50 12.20 0.60 1.14 China Dec 151.68 136.00 8.50 24.00 134.00 1.00 161.18 Jan 151.68 134.25 9.00 25.00 135.00 1.00 158.93 Japan Dec 1.20 1.10 5.60 0.60 6.30 0.28 1.32 Jan 1.20 1.10 5.60 0.60 6.30 0.28 1.32 N. Africa 7/ Dec 14.36 16.64 29.70 1.75 46.95 0.99 12.76 Jan 14.36 16.64 29.40 1.75 46.95 0.99 12.46 Nigeria Dec 0.30 0.06 5.10 0.05 4.76 0.40 0.30 Jan 0.30 0.06 5.10 0.05 4.76 0.40 0.30 Sel. Mideast 8/ Dec 12.70 22.20 18.20 3.62 39.41 0.67 13.02 Jan 12.70 22.28 18.20 3.59 39.44 0.68 13.07 Southeast Asia 9/ Dec 6.09 0.00 26.35 7.59 25.44 1.09 5.91 Jan 6.09 0.00 26.25 7.49 25.34 1.09 5.91 India Dec 23.99 107.59 0.03 6.50 99.50 1.00 31.11 Jan 24.70 107.59 0.03 6.50 99.50 1.50 31.32 Kazakhstan Dec 0.63 12.50 0.20 1.20 5.90 6.70 0.73 Jan 0.63 12.50 0.30 1.20 5.90 6.80 0.73 ================================================================================ WASDE - 608 - 20 January 2021 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 ================================================================================ 2018/19 World 3/ 370.19 1398.00 194.32 852.73 1421.15 212.81 347.04 World Less China 147.21 1134.04 183.78 657.28 1134.14 212.74 136.64 United States 57.92 377.91 2.63 143.09 323.02 54.97 60.47 Total Foreign 312.27 1020.09 191.69 709.64 1098.14 157.84 286.56 Major Exporters 4/ 27.12 293.19 5.65 127.91 172.32 134.04 19.60 Argentina 3.37 59.22 0.00 12.28 18.09 40.89 3.61 Australia 2.29 11.51 0.01 5.29 7.30 4.08 2.43 Brazil 9.71 104.33 2.32 59.95 70.98 39.72 5.65 Canada 4.57 26.20 2.62 16.18 24.10 5.98 3.30 Russia 1.37 35.00 0.05 18.80 27.37 7.84 1.22 Ukraine 2.91 44.50 0.06 8.33 11.36 34.07 2.05 Major Importers 5/ 39.30 243.72 144.25 294.80 379.72 11.12 36.44 EU-27+UK 6/ 15.66 148.26 26.49 126.00 168.19 8.83 13.39 Japan 1.80 0.18 17.73 13.84 17.95 0.00 1.75 Mexico 6.18 33.40 17.36 31.27 50.51 0.72 5.71 N. Afr & Mideast 7/ 7.80 31.09 39.90 62.17 70.48 0.89 7.41 Saudi Arabia 2.63 0.29 10.17 10.75 11.13 0.00 1.97 Southeast Asia 8/ 2.56 30.19 17.04 37.89 45.72 0.68 3.38 South Korea 1.86 0.23 10.96 8.59 11.20 0.00 1.86 Selected Other China 222.98 263.96 10.54 195.45 287.01 0.07 210.40 2019/20 Est. World 3/ 347.04 1411.40 200.60 879.88 1427.14 206.79 331.30 World Less China 136.64 1143.20 183.10 679.06 1132.07 206.75 130.31 United States 60.47 359.44 3.11 154.60 320.68 50.51 51.83 Total Foreign 286.57 1051.97 197.49 725.28 1106.46 156.29 279.47 Major Exporters 4/ 19.60 306.28 4.18 133.84 178.47 127.56 24.04 Argentina 3.61 58.13 0.01 12.12 17.68 38.53 5.54 Australia 2.43 10.44 0.01 4.85 6.82 3.81 2.25 Brazil 5.65 105.57 1.91 61.51 72.64 35.01 5.48 Canada 3.30 28.61 1.92 17.50 24.85 5.01 3.98 Russia 1.22 40.50 0.18 22.29 31.39 8.63 1.87 Ukraine 2.05 46.55 0.03 8.69 11.87 34.08 2.68 Major Importers 5/ 36.44 257.47 142.44 297.93 384.26 15.76 36.34 EU-27+UK 6/ 13.39 161.98 19.29 124.43 167.54 13.38 13.74 Japan 1.75 0.22 17.63 13.83 17.90 0.00 1.70 Mexico 5.71 31.91 17.61 30.85 50.33 1.03 3.88 N. Afr & Mideast 7/ 7.41 33.34 41.66 65.07 73.54 0.74 8.13 Saudi Arabia 1.97 0.27 11.33 11.15 11.51 0.00 2.06 Southeast Asia 8/ 3.38 29.40 18.27 38.55 46.62 0.61 3.82 South Korea 1.86 0.28 11.99 9.55 12.10 0.00 2.03 Selected Other China 210.40 268.20 17.50 200.82 295.07 0.04 200.98 ================================================================================ WASDE - 608 - 21 January 2021 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 ================================================================================ 2020/21 Proj. World 3/ Dec 331.55 1447.82 219.28 900.52 1460.56 226.90 318.80 Jan 331.30 1438.49 216.59 897.80 1455.69 225.16 314.09 World Less China Dec 130.56 1180.44 188.43 690.12 1153.78 226.83 126.44 Jan 130.31 1170.44 184.34 685.50 1147.01 225.09 121.56 United States Dec 53.74 382.75 2.69 148.68 318.35 74.51 46.32 Jan 51.83 374.57 2.69 147.41 314.29 72.35 42.45 Total Foreign Dec 277.81 1065.07 216.60 751.84 1142.21 152.39 272.48 Jan 279.47 1063.92 213.90 750.40 1141.41 152.81 271.64 Major Exporters 4/ Dec 22.49 310.40 4.21 138.42 183.90 128.06 25.14 Jan 24.04 308.71 4.21 138.42 184.28 128.26 24.41 Argentina Dec 3.96 56.43 0.01 13.46 19.12 37.51 3.77 Jan 5.54 55.19 0.01 13.51 19.18 37.51 4.05 Australia Dec 2.26 14.76 0.00 6.28 8.35 5.95 2.72 Jan 2.25 14.76 0.00 6.28 8.35 5.95 2.71 Brazil Dec 5.48 113.41 2.20 63.08 74.22 39.01 7.86 Jan 5.48 112.41 2.20 63.08 74.22 39.01 6.86 Canada Dec 3.98 29.51 1.81 17.48 25.26 6.00 4.05 Jan 3.98 29.51 1.81 17.48 25.26 6.00 4.05 Russia Dec 1.87 40.93 0.07 22.83 32.03 8.68 2.16 Jan 1.87 41.48 0.07 22.98 32.55 8.68 2.19 Ukraine Dec 2.68 38.71 0.02 8.20 11.40 28.11 1.91 Jan 2.68 38.71 0.02 8.00 11.20 28.31 1.91 Major Importers 5/ Dec 36.25 260.61 145.42 306.62 393.96 11.37 36.95 Jan 36.34 260.23 142.02 303.72 390.66 11.37 36.56 EU-27+UK 6/ Dec 13.74 162.19 19.26 128.00 171.94 9.04 14.19 Jan 13.74 161.81 18.26 127.20 170.74 9.04 14.01 Japan Dec 1.70 0.25 17.62 13.86 17.93 0.00 1.65 Jan 1.70 0.25 17.62 13.86 17.93 0.00 1.65 Mexico Dec 3.80 33.59 17.75 30.86 50.29 0.90 3.95 Jan 3.88 33.59 16.95 30.46 49.89 0.90 3.63 N. Afr & Mideast 7/ Dec 8.13 33.67 42.11 66.64 75.07 0.87 7.97 Jan 8.13 33.67 41.31 65.74 74.17 0.87 8.07 Saudi Arabia Dec 2.06 0.27 12.31 11.75 12.11 0.00 2.53 Jan 2.06 0.27 12.11 11.55 11.91 0.00 2.53 Southeast Asia 8/ Dec 3.82 30.35 19.78 41.35 49.57 0.56 3.81 Jan 3.82 30.35 19.18 40.75 48.97 0.56 3.81 South Korea Dec 2.03 0.22 12.11 9.65 12.31 0.00 2.04 Jan 2.03 0.22 12.11 9.65 12.31 0.00 2.04 China Dec 200.98 267.38 30.85 210.40 306.78 0.07 192.36 Jan 200.98 268.05 32.25 212.30 308.68 0.07 192.53 ================================================================================ WASDE - 608 - 22 January 2021 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2018/19 World 3/ 340.76 1123.77 164.42 703.63 1144.49 181.73 320.04 World Less China 118.24 866.60 159.94 512.63 870.49 181.71 109.88 United States 54.37 364.26 0.71 137.91 310.45 52.48 56.41 Total Foreign 286.39 759.51 163.71 565.73 834.04 129.25 263.63 Major Exporters 4/ 16.16 211.04 2.25 86.34 108.04 111.47 9.95 Argentina 2.41 51.00 0.00 9.70 13.80 37.24 2.37 Brazil 9.32 101.00 1.66 57.00 67.00 39.68 5.29 Russia 0.20 11.42 0.04 7.60 8.50 2.77 0.38 South Africa 2.67 11.82 0.51 7.04 12.54 1.45 1.02 Ukraine 1.57 35.81 0.04 5.00 6.20 30.32 0.89 Major Importers 5/ 23.25 129.08 99.36 169.33 224.47 5.03 22.19 Egypt 1.85 6.80 9.37 13.70 16.20 0.00 1.81 EU-27+UK 6/ 9.16 64.38 25.25 67.00 87.50 3.63 7.66 Japan 1.39 0.00 16.05 12.30 16.00 0.00 1.45 Mexico 5.65 27.60 16.66 25.90 44.10 0.72 5.09 Southeast Asia 7/ 2.54 30.14 16.66 37.60 45.30 0.68 3.37 South Korea 1.85 0.08 10.86 8.56 10.95 0.00 1.84 Selected Other 0.00 Canada 2.42 13.89 2.56 9.30 15.09 1.80 1.98 China 222.53 257.17 4.48 191.00 274.00 0.02 210.16 2019/20 Est. World 3/ 320.04 1116.41 165.17 714.83 1133.45 169.99 303.01 World Less China 109.88 855.64 157.57 521.83 855.45 169.97 102.48 United States 56.41 345.96 1.06 149.94 309.51 45.17 48.76 Total Foreign 263.63 770.45 164.11 564.89 823.94 124.81 254.25 Major Exporters 4/ 9.95 219.16 1.28 88.80 110.80 106.00 13.59 Argentina 2.37 51.00 0.01 9.50 13.50 35.50 4.37 Brazil 5.29 102.00 1.20 58.50 68.50 35.00 4.99 Russia 0.38 14.28 0.05 8.80 9.80 4.07 0.83 South Africa 1.02 16.00 0.00 6.80 12.60 2.50 1.92 Ukraine 0.89 35.89 0.03 5.20 6.40 28.93 1.48 Major Importers 5/ 22.19 129.12 95.28 164.10 219.75 6.45 20.38 Egypt 1.81 6.40 10.43 14.40 16.90 0.01 1.73 EU-27+UK 6/ 7.66 66.72 18.61 60.00 81.00 4.81 7.18 Japan 1.45 0.00 15.89 12.30 15.95 0.00 1.39 Mexico 5.09 26.50 16.53 25.60 43.80 1.03 3.29 Southeast Asia 7/ 3.37 29.35 17.36 37.80 45.65 0.61 3.81 South Korea 1.84 0.08 11.89 9.50 11.80 0.00 2.00 Selected Other 0.00 Canada 1.98 13.40 1.84 8.66 13.96 0.71 2.56 China 210.16 260.78 7.60 193.00 278.00 0.01 200.53 ================================================================================ WASDE - 608 - 23 January 2021 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 ================================================================================ 2020/21 Proj. World 3/ Dec 303.42 1143.56 179.57 727.98 1158.01 185.97 288.96 Jan 303.01 1133.89 176.28 725.02 1153.06 183.63 283.83 World Less China Dec 102.89 883.56 163.07 529.48 872.51 185.95 97.45 Jan 102.48 873.22 158.78 525.02 866.06 183.61 92.16 United States Dec 50.68 368.49 0.64 144.79 309.26 67.31 43.23 Jan 48.76 360.25 0.64 143.52 305.45 64.77 39.42 Total Foreign Dec 252.73 775.07 178.94 583.19 848.75 118.66 245.72 Jan 254.25 773.64 175.65 581.50 847.61 118.86 244.41 Major Exporters 4/ Dec 12.09 218.50 1.56 92.80 114.90 102.90 14.35 Jan 13.59 216.00 1.56 92.80 114.90 102.90 13.35 Argentina Dec 2.87 49.00 0.01 11.00 15.00 34.00 2.88 Jan 4.37 47.50 0.01 11.00 15.00 34.00 2.88 Brazil Dec 4.99 110.00 1.50 60.00 70.00 39.00 7.49 Jan 4.99 109.00 1.50 60.00 70.00 39.00 6.49 Russia Dec 0.83 14.00 0.04 9.90 11.00 3.10 0.77 Jan 0.83 14.00 0.04 9.90 11.00 3.10 0.77 South Africa Dec 1.92 16.00 0.00 7.00 12.80 2.80 2.32 Jan 1.92 16.00 0.00 7.00 12.80 2.80 2.32 Ukraine Dec 1.48 29.50 0.02 4.90 6.10 24.00 0.89 Jan 1.48 29.50 0.02 4.90 6.10 24.00 0.89 Major Importers 5/ Dec 20.38 128.56 97.85 166.50 222.90 3.67 20.22 Jan 20.38 128.46 95.25 164.80 220.80 3.67 19.62 Egypt Dec 1.73 6.40 10.50 14.60 17.10 0.01 1.52 Jan 1.73 6.40 10.30 14.40 16.90 0.01 1.52 EU-27+UK 6/ Dec 7.18 63.70 19.00 59.00 80.40 2.20 7.28 Jan 7.18 63.60 18.00 58.50 79.50 2.20 7.08 Japan Dec 1.39 0.00 16.00 12.40 16.05 0.00 1.34 Jan 1.39 0.00 16.00 12.40 16.05 0.00 1.34 Mexico Dec 3.29 28.00 17.30 26.00 44.25 0.90 3.44 Jan 3.29 28.00 16.50 25.60 43.85 0.90 3.04 Southeast Asia 7/ Dec 3.81 30.30 18.65 40.40 48.40 0.56 3.80 Jan 3.81 30.30 18.05 39.80 47.80 0.56 3.80 South Korea Dec 2.00 0.08 12.00 9.60 12.05 0.00 2.03 Jan 2.00 0.08 12.00 9.60 12.05 0.00 2.03 Canada Dec 2.56 13.56 1.70 9.60 14.80 1.00 2.02 Jan 2.56 13.56 1.70 9.60 14.80 1.00 2.02 China Dec 200.53 260.00 16.50 198.50 285.50 0.02 191.51 Jan 200.53 260.67 17.50 200.00 287.00 0.02 191.68 ================================================================================ WASDE - 608 - 24 January 2021 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 ================================================================================ 2018/19 World 3/ 164.26 497.32 44.04 484.69 43.90 176.89 World Less China 55.26 348.83 40.84 341.77 41.13 61.89 United States 0.93 7.11 0.92 4.57 2.97 1.42 Total Foreign 163.32 490.21 43.12 480.12 40.93 175.46 Major Exporters 4/ 28.88 184.66 0.76 145.71 31.76 36.84 Burma 0.81 13.20 0.01 10.25 2.70 1.07 India 22.60 116.48 0.00 99.16 10.42 29.50 Pakistan 1.42 7.30 0.00 3.30 4.49 0.93 Thailand 3.01 20.34 0.25 11.80 7.56 4.24 Vietnam 1.03 27.34 0.50 21.20 6.58 1.10 Major Importers 5/ 122.91 239.14 17.13 247.82 3.18 128.19 China 109.00 148.49 3.20 142.92 2.77 115.00 EU-27+UK 6/ 1.18 1.96 2.15 3.80 0.30 1.19 Indonesia 5.56 34.20 0.60 36.30 0.00 4.06 Nigeria 1.58 4.54 1.90 6.80 0.00 1.22 Philippines 2.29 11.73 3.60 14.10 0.00 3.52 Sel. Mideast 7/ 1.23 2.01 3.93 5.90 0.00 1.27 Selected Other 0.00 Brazil 0.59 7.14 0.75 7.35 0.88 0.25 C. Amer & Carib 8/ 0.57 1.74 1.78 3.47 0.04 0.58 Egypt 1.56 2.80 0.81 4.20 0.02 0.95 Japan 2.22 7.66 0.63 8.40 0.07 2.05 Mexico 0.15 0.19 0.74 0.92 0.03 0.14 South Korea 1.56 3.87 0.29 4.57 0.05 1.09 2019/20 Est. World 3/ 176.89 496.40 42.25 494.98 42.71 178.31 World Less China 61.89 349.67 39.65 349.75 40.11 61.81 United States 1.42 5.88 1.19 4.59 2.99 0.91 Total Foreign 175.46 490.52 41.06 490.39 39.72 177.40 Major Exporters 4/ 36.84 183.08 0.66 152.64 30.19 37.75 Burma 1.07 12.70 0.01 10.35 2.30 1.13 India 29.50 118.43 0.00 105.74 12.49 29.70 Pakistan 0.93 7.20 0.00 3.30 3.80 1.03 Thailand 4.24 17.66 0.25 12.00 5.50 4.64 Vietnam 1.10 27.10 0.40 21.25 6.10 1.25 Major Importers 5/ 128.19 239.12 14.27 250.03 2.97 128.58 China 115.00 146.73 2.60 145.23 2.60 116.50 EU-27+UK 6/ 1.19 1.98 2.44 4.05 0.31 1.25 Indonesia 4.06 34.00 0.55 35.50 0.00 3.11 Nigeria 1.22 5.04 1.30 6.85 0.00 0.71 Philippines 3.52 11.93 2.45 14.30 0.00 3.60 Sel. Mideast 7/ 1.27 2.34 3.85 6.10 0.00 1.36 Selected Other 0.00 Brazil 0.25 7.60 0.85 7.15 1.20 0.35 C. Amer & Carib 8/ 0.58 1.63 1.85 3.39 0.04 0.64 Egypt 0.95 4.30 0.30 4.30 0.02 1.23 Japan 2.05 7.61 0.69 8.35 0.07 1.92 Mexico 0.14 0.17 0.80 0.94 0.01 0.16 South Korea 1.09 3.74 0.45 4.10 0.06 1.14 ================================================================================ WASDE - 608 - 25 January 2021 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 ================================================================================ 2020/21 Proj. World 3/ Dec 178.22 501.20 42.54 500.44 45.29 178.98 Jan 178.31 503.17 42.97 501.97 45.38 179.50 World Less China Dec 61.72 354.20 40.34 353.94 42.59 62.48 Jan 61.81 354.87 40.77 354.47 42.88 62.50 United States Dec 0.91 7.18 1.16 4.62 3.02 1.61 Jan 0.91 7.23 1.15 5.08 2.99 1.22 Total Foreign Dec 177.31 494.02 41.38 495.82 42.27 177.37 Jan 177.40 495.94 41.82 496.89 42.39 178.28 Major Exporters 4/ Dec 37.65 186.10 0.61 153.10 33.00 38.26 Jan 37.75 186.20 0.71 153.20 33.30 38.16 Burma Dec 1.13 12.90 0.01 10.50 2.20 1.34 Jan 1.13 12.90 0.01 10.50 2.20 1.34 India Dec 29.70 120.00 0.00 106.00 13.50 30.20 Jan 29.70 120.00 0.00 106.00 13.80 29.90 Pakistan Dec 1.03 7.60 0.00 3.40 4.00 1.23 Jan 1.03 7.60 0.00 3.40 4.00 1.23 Thailand Dec 4.64 18.60 0.20 12.00 7.00 4.44 Jan 4.64 18.60 0.20 12.00 7.00 4.44 Vietnam Dec 1.15 27.00 0.40 21.20 6.30 1.05 Jan 1.25 27.10 0.50 21.30 6.30 1.25 Major Importers 5/ Dec 128.59 239.58 14.35 251.65 3.07 127.80 Jan 128.58 241.18 14.65 252.75 2.87 128.79 China Dec 116.50 147.00 2.20 146.50 2.70 116.50 Jan 116.50 148.30 2.20 147.50 2.50 117.00 EU-27+UK 6/ Dec 1.25 1.98 2.40 4.15 0.32 1.16 Jan 1.25 1.98 2.40 4.15 0.32 1.16 Indonesia Dec 3.11 34.90 0.50 35.40 0.00 3.11 Jan 3.11 34.90 0.50 35.40 0.00 3.11 Nigeria Dec 0.71 5.04 1.50 6.70 0.00 0.55 Jan 0.71 5.04 1.50 6.70 0.00 0.55 Philippines Dec 3.60 11.70 2.50 14.40 0.00 3.40 Jan 3.60 12.00 2.30 14.40 0.00 3.50 Sel. Mideast 7/ Dec 1.36 2.27 3.85 6.20 0.00 1.28 Jan 1.36 2.27 3.85 6.20 0.00 1.28 Brazil Dec 0.35 7.48 0.80 7.20 1.00 0.43 Jan 0.35 7.48 0.80 7.20 1.00 0.43 C. Amer & Carib 8/ Dec 0.61 1.62 1.95 3.49 0.03 0.65 Jan 0.64 1.63 1.95 3.52 0.03 0.66 Egypt Dec 1.23 4.00 0.25 4.30 0.02 1.16 Jan 1.23 4.00 0.25 4.30 0.02 1.16 Japan Dec 1.92 7.62 0.69 8.25 0.08 1.90 Jan 1.92 7.62 0.69 8.25 0.08 1.90 Mexico Dec 0.16 0.19 0.80 0.96 0.01 0.19 Jan 0.16 0.19 0.80 0.96 0.01 0.19 South Korea Dec 1.14 3.51 0.45 4.00 0.06 1.04 Jan 1.14 3.51 0.45 4.00 0.06 1.04 ================================================================================ WASDE - 608 - 26 January 2021 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2018/19 World 81.11 118.58 42.43 120.16 41.64 0.04 80.27 World Less China 43.11 90.83 32.79 80.66 41.43 0.04 44.60 United States 4.20 18.37 3/ 2.98 14.84 -0.09 4.85 Total Foreign 76.91 100.21 42.43 117.19 26.81 0.14 75.42 Major Exporters 4/ 26.93 54.54 2.48 33.02 22.33 0.02 28.57 Central Asia 5/ 2.67 5.44 3/ 3.80 2.04 0.00 2.28 Afr. Fr. Zone 6/ 1.61 5.43 3/ 0.17 5.47 0.00 1.41 S. Hemis. 7/ 13.19 17.24 0.18 4.39 10.86 0.01 15.34 Australia 3.04 2.20 3/ 0.04 3.63 0.00 1.57 Brazil 8.66 13.00 0.02 3.40 6.02 0.00 12.26 India 9.23 25.80 1.80 24.00 3.52 0.00 9.30 Major Importers 8/ 48.12 42.69 37.40 79.99 3.24 0.11 44.88 Mexico 0.66 1.74 0.85 2.00 0.52 0.03 0.69 China 37.99 27.75 9.64 39.50 0.21 0.00 35.67 EU-27+UK 9/ 0.30 1.71 0.64 0.70 1.72 0.03 0.22 Turkey 1.95 3.75 3.61 6.90 0.71 0.00 1.69 Pakistan 2.83 7.60 2.85 10.70 0.06 0.03 2.50 Indonesia 0.63 3/ 3.05 3.15 0.01 0.00 0.53 Thailand 0.20 3/ 1.08 1.05 0.00 0.03 0.20 Bangladesh 1.86 0.14 7.00 7.20 0.00 0.01 1.78 Vietnam 1.29 3/ 6.94 7.00 0.00 0.00 1.23 2019/20 Est. World 80.27 122.14 40.68 102.61 41.24 -0.04 99.28 World Less China 44.60 94.89 33.54 69.61 41.08 -0.04 62.38 United States 4.85 19.91 3/ 2.15 15.53 -0.16 7.25 Total Foreign 75.42 102.22 40.68 100.46 25.71 0.13 92.03 Major Exporters 4/ 28.57 58.55 2.87 28.25 21.24 0.02 40.48 Central Asia 5/ 2.28 5.96 3/ 3.94 1.58 0.00 2.72 Afr. Fr. Zone 6/ 1.41 5.91 3/ 0.14 4.87 0.00 2.30 S. Hemis. 7/ 15.34 16.73 0.14 3.56 11.31 0.01 17.32 Australia 1.57 0.63 3/ 0.04 1.36 0.00 0.80 Brazil 12.26 13.78 0.01 2.70 8.94 0.00 14.40 India 9.30 29.50 2.28 20.00 3.20 0.00 17.88 Major Importers 8/ 44.88 40.62 35.44 68.58 3.18 0.11 49.07 Mexico 0.69 1.57 0.59 1.50 0.66 0.03 0.67 China 35.67 27.25 7.14 33.00 0.16 0.00 36.90 EU-27+UK 9/ 0.22 2.00 0.58 0.60 1.82 0.03 0.34 Turkey 1.69 3.45 4.67 6.60 0.45 0.00 2.77 Pakistan 2.50 6.20 3.98 9.20 0.06 0.03 3.39 Indonesia 0.53 3/ 2.51 2.40 0.00 0.00 0.64 Thailand 0.20 3/ 0.70 0.78 0.00 0.02 0.10 Bangladesh 1.78 0.14 7.50 6.90 0.00 0.01 2.52 Vietnam 1.23 3/ 6.48 6.30 0.00 0.00 1.41 ================================================================================ WASDE - 608 - 27 January 2021 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2020/21 Proj. World Dec 99.42 113.90 43.17 115.63 43.21 0.14 97.52 Jan 99.28 112.87 43.55 115.73 43.56 0.09 96.32 World Less China Dec 62.52 86.40 33.17 77.63 43.08 0.14 61.25 Jan 62.38 85.37 33.05 77.23 43.43 0.09 60.04 United States Dec 7.25 15.95 3/ 2.50 15.00 0.00 5.70 Jan 7.25 14.95 3/ 2.40 15.25 -0.04 4.60 Total Foreign Dec 92.17 97.95 43.16 113.13 28.21 0.13 91.82 Jan 92.03 97.91 43.54 113.33 28.31 0.13 91.72 Major Exporters 4/ Dec 40.72 57.26 1.71 32.88 24.36 0.02 42.44 Jan 40.48 57.17 1.71 32.88 24.31 0.02 42.15 Central Asia 5/ Dec 2.72 5.83 3/ 4.19 1.58 0.00 2.78 Jan 2.72 5.83 3/ 4.19 1.58 0.00 2.78 Afr. Fr. Zone 6/ Dec 2.53 4.88 3/ 0.14 4.87 0.00 2.40 Jan 2.30 4.77 3/ 0.14 4.72 0.00 2.21 S. Hemis. 7/ Dec 17.34 16.70 0.16 3.92 12.64 0.01 17.62 Jan 17.32 16.73 0.16 3.92 12.74 0.01 17.54 Australia Dec 0.80 2.40 3/ 0.04 1.40 0.00 1.77 Jan 0.80 2.50 3/ 0.04 1.50 0.00 1.77 Brazil Dec 14.40 12.00 0.03 3.00 10.00 0.00 13.43 Jan 14.40 12.00 0.03 3.00 10.00 0.00 13.43 India Dec 17.88 29.50 1.00 24.00 5.00 0.00 19.38 Jan 17.88 29.50 1.00 24.00 5.00 0.00 19.38 Major Importers 8/ Dec 48.97 37.53 38.91 76.29 2.43 0.11 46.58 Jan 49.07 37.58 39.33 76.53 2.58 0.11 46.76 Mexico Dec 0.67 1.05 0.65 1.60 0.20 0.03 0.54 Jan 0.67 1.05 0.75 1.60 0.30 0.03 0.54 China Dec 36.90 27.50 10.00 38.00 0.13 0.00 36.27 Jan 36.90 27.50 10.50 38.50 0.13 0.00 36.27 EU-27+UK 9/ Dec 0.34 1.53 0.61 0.66 1.58 0.03 0.21 Jan 0.34 1.68 0.61 0.66 1.63 0.03 0.31 Turkey Dec 2.77 2.80 4.40 7.00 0.45 0.00 2.52 Jan 2.77 2.90 4.50 7.20 0.45 0.00 2.52 Pakistan Dec 3.39 4.50 4.70 10.00 0.05 0.03 2.52 Jan 3.39 4.30 4.90 10.00 0.05 0.03 2.52 Indonesia Dec 0.64 3/ 2.80 2.90 0.00 0.00 0.54 Jan 0.64 3/ 2.60 2.70 0.00 0.00 0.54 Thailand Dec 0.10 3/ 0.73 0.70 0.00 0.03 0.11 Jan 0.10 3/ 0.68 0.65 0.00 0.03 0.11 Bangladesh Dec 2.42 0.15 6.90 7.30 0.00 0.01 2.15 Jan 2.52 0.15 6.90 7.30 0.00 0.01 2.25 Vietnam Dec 1.41 3/ 6.80 6.80 0.00 0.00 1.41 Jan 1.41 3/ 6.70 6.70 0.00 0.00 1.41 ================================================================================ WASDE - 608 - 28 January 2021 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2018/19 World 2/ 98.91 361.04 145.47 298.06 343.79 148.83 112.80 World Less China 75.84 345.07 62.93 213.06 241.79 148.71 93.34 United States 11.92 120.52 0.38 56.94 60.40 47.68 24.74 Total Foreign 86.99 240.52 145.09 241.13 283.39 101.15 88.06 Major Exporters 3/ 56.95 186.34 6.56 86.79 96.53 91.64 61.69 Argentina 23.73 55.30 6.41 40.57 47.45 9.10 28.89 Brazil 32.70 119.70 0.14 42.53 45.18 74.89 32.47 Paraguay 0.51 8.51 0.01 3.62 3.82 4.90 0.32 Major Importers 4/ 25.67 19.84 115.02 113.03 138.08 0.32 22.14 China 23.06 15.97 82.54 85.00 102.00 0.12 19.46 EU-27+UK 1.40 2.67 14.99 15.60 17.26 0.18 1.61 Southeast Asia 0.84 0.66 8.31 3.81 9.08 0.02 0.71 Mexico 0.17 0.34 5.87 6.15 6.20 0.00 0.18 2019/20 Est. World 2/ 112.80 336.47 165.41 309.37 354.56 164.73 95.39 World Less China 93.34 318.37 66.88 217.87 245.36 164.64 68.59 United States 24.74 96.67 0.42 58.91 61.77 45.78 14.28 Total Foreign 88.06 239.81 164.99 250.46 292.79 118.95 81.11 Major Exporters 3/ 61.69 186.69 5.46 86.54 96.13 110.22 47.49 Argentina 28.89 48.80 4.88 38.76 45.80 9.97 26.80 Brazil 32.47 126.00 0.55 44.25 46.50 92.13 20.40 Paraguay 0.32 9.90 0.02 3.45 3.75 6.20 0.29 Major Importers 4/ 22.14 21.77 132.86 121.01 146.90 0.29 29.57 China 19.46 18.10 98.53 91.50 109.20 0.09 26.80 EU-27+UK 1.61 2.62 15.66 16.35 18.06 0.19 1.64 Southeast Asia 0.71 0.61 9.34 4.50 9.85 0.02 0.79 Mexico 0.18 0.24 6.00 6.20 6.25 0.00 0.16 2020/21 Proj. World 2/ Dec 95.46 362.05 166.33 321.64 369.72 168.48 85.64 Jan 95.39 361.00 166.84 321.81 369.82 169.10 84.31 World Less China Dec 68.66 344.55 66.33 222.64 252.32 168.38 58.84 Jan 68.59 341.40 66.84 222.81 252.12 169.00 55.72 United States Dec 14.25 113.50 0.41 59.74 63.51 59.87 4.76 Jan 14.28 112.55 0.95 59.87 63.29 60.69 3.80 Total Foreign Dec 81.21 248.56 165.92 261.90 306.21 108.60 80.88 Jan 81.11 248.46 165.89 261.93 306.53 108.41 80.52 Major Exporters 3/ Dec 47.49 195.65 4.41 88.38 98.48 100.63 48.44 Jan 47.49 193.45 4.41 88.38 98.48 100.43 46.44 Argentina Dec 26.80 50.00 4.00 39.00 46.20 7.00 27.60 Jan 26.80 48.00 4.00 39.00 46.20 7.00 25.60 Brazil Dec 20.40 133.00 0.40 45.50 48.10 85.00 20.70 Jan 20.40 133.00 0.40 45.50 48.10 85.00 20.70 Paraguay Dec 0.29 10.25 0.01 3.80 4.10 6.30 0.14 Jan 0.29 10.25 0.01 3.80 4.10 6.30 0.14 Major Importers 4/ Dec 29.60 21.29 134.79 129.44 156.30 0.38 29.01 Jan 29.57 23.39 134.79 129.49 156.65 0.38 30.72 China Dec 26.80 17.50 100.00 99.00 117.40 0.10 26.80 Jan 26.80 19.60 100.00 99.00 117.70 0.10 28.60 EU-27+UK Dec 1.64 2.70 15.40 16.80 18.51 0.25 0.98 Jan 1.64 2.70 15.40 16.85 18.56 0.25 0.93 Southeast Asia Dec 0.80 0.60 9.78 4.72 10.27 0.03 0.88 Jan 0.79 0.60 9.78 4.72 10.27 0.03 0.87 Mexico Dec 0.16 0.26 6.20 6.40 6.47 0.00 0.14 Jan 0.16 0.26 6.20 6.40 6.47 0.00 0.14 ================================================================================ WASDE - 608 - 29 January 2021 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2018/19 World 2/ 14.20 233.62 62.82 230.06 67.73 12.84 World Less China 14.20 166.30 62.80 163.66 66.80 12.84 United States 0.50 44.28 0.62 32.85 12.19 0.37 Total Foreign 13.70 189.34 62.20 197.21 55.54 12.48 Major Exporters 3/ 6.99 71.84 0.10 26.05 47.11 5.76 Argentina 2.48 31.20 0.03 3.13 28.83 1.74 Brazil 4.30 32.96 0.02 17.65 16.09 3.54 India 0.22 7.68 0.05 5.28 2.19 0.48 Major Importers 4/ 1.88 22.02 38.90 60.16 0.59 2.06 EU-27+UK 0.33 12.32 18.76 30.34 0.37 0.69 Mexico 0.17 4.86 1.89 6.65 0.01 0.26 Southeast Asia 5/ 1.27 2.98 16.66 19.70 0.20 1.01 2019/20 Est. World 2/ 12.84 243.08 62.78 240.96 67.04 10.70 World Less China 12.84 170.61 62.73 169.45 66.03 10.70 United States 0.37 46.36 0.58 34.22 12.77 0.31 Total Foreign 12.48 196.72 62.20 206.74 54.27 10.39 Major Exporters 3/ 5.76 70.87 0.04 26.90 45.72 4.06 Argentina 1.74 29.80 0.00 3.18 27.37 1.00 Brazil 3.54 34.35 0.01 18.00 17.50 2.40 India 0.48 6.72 0.03 5.72 0.85 0.66 Major Importers 4/ 2.06 23.19 38.65 61.85 0.58 1.47 EU-27+UK 0.69 12.92 17.62 30.74 0.36 0.12 Mexico 0.26 4.90 1.84 6.90 0.01 0.10 Southeast Asia 5/ 1.01 3.51 17.34 20.62 0.21 1.03 2020/21 Proj. World 2/ Dec 10.61 252.85 62.84 251.05 66.15 9.10 Jan 10.70 252.79 62.81 250.96 65.97 9.37 World Less China Dec 10.61 174.44 62.83 173.63 65.15 9.10 Jan 10.70 174.38 62.80 173.53 64.97 9.37 United States Dec 0.31 46.91 0.54 34.75 12.70 0.32 Jan 0.31 47.14 0.54 34.75 12.93 0.32 Total Foreign Dec 10.30 205.94 62.30 216.30 53.45 8.78 Jan 10.39 205.65 62.27 216.21 53.04 9.05 Major Exporters 3/ Dec 4.05 72.83 0.06 27.84 45.37 3.73 Jan 4.06 72.83 0.06 27.84 44.97 4.13 Argentina Dec 1.00 29.95 0.00 3.25 26.70 1.00 Jan 1.00 29.95 0.00 3.25 26.30 1.40 Brazil Dec 2.40 35.28 0.02 18.50 16.80 2.39 Jan 2.40 35.28 0.02 18.50 16.80 2.39 India Dec 0.66 7.60 0.04 6.09 1.87 0.34 Jan 0.66 7.60 0.04 6.09 1.87 0.34 Major Importers 4/ Dec 1.34 23.92 38.98 62.40 0.53 1.31 Jan 1.47 23.96 38.98 62.44 0.53 1.43 EU-27+UK Dec 0.12 13.27 18.05 31.04 0.30 0.10 Jan 0.12 13.31 18.05 31.07 0.30 0.11 Mexico Dec 0.10 5.06 1.93 6.98 0.01 0.10 Jan 0.10 5.06 1.93 6.98 0.01 0.10 Southeast Asia 5/ Dec 1.04 3.69 17.30 20.79 0.22 1.02 Jan 1.03 3.69 17.30 20.79 0.22 1.01 ================================================================================ WASDE - 608 - 30 January 2021 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2018/19 World 2/ 3.91 55.82 10.66 55.13 11.18 4.09 World Less China 3.35 40.59 9.88 39.24 10.98 3.59 United States 0.91 10.98 0.18 10.38 0.88 0.81 Total Foreign 3.01 44.85 10.48 44.75 10.30 3.29 Major Exporters 3/ 0.81 19.74 0.45 12.28 7.79 0.93 Argentina 0.27 7.91 0.00 2.62 5.27 0.29 Brazil 0.37 8.18 0.02 7.17 1.08 0.33 EU-27+UK 0.15 2.96 0.42 2.46 0.79 0.29 Major Importers 4/ 1.06 18.05 6.58 24.18 0.25 1.26 China 0.57 15.23 0.78 15.89 0.20 0.50 India 0.17 1.73 3.00 4.75 0.01 0.14 North Africa 5/ 0.22 0.76 1.81 2.38 0.04 0.37 2019/20 Est. World 2/ 4.09 57.93 11.37 56.68 11.93 4.79 World Less China 3.59 41.53 10.37 39.58 11.77 4.14 United States 0.81 11.30 0.15 10.12 1.29 0.84 Total Foreign 3.29 46.63 11.23 46.55 10.64 3.96 Major Exporters 3/ 0.93 19.94 0.56 12.14 7.97 1.31 Argentina 0.29 7.67 0.00 2.18 5.40 0.39 Brazil 0.33 8.50 0.07 7.39 1.16 0.35 EU-27+UK 0.29 3.11 0.49 2.54 0.77 0.57 Major Importers 4/ 1.26 19.48 7.19 25.94 0.26 1.72 China 0.50 16.40 1.00 17.09 0.16 0.65 India 0.14 1.51 3.61 5.10 0.02 0.15 North Africa 5/ 0.37 1.10 1.89 2.50 0.09 0.77 2020/21 Proj. World 2/ Dec 4.84 60.27 11.18 59.48 12.00 4.81 Jan 4.79 60.31 11.18 59.56 12.00 4.72 World Less China Dec 4.19 42.52 10.08 40.79 11.85 4.16 Jan 4.14 42.57 10.08 40.87 11.85 4.07 United States Dec 0.84 11.54 0.16 10.43 1.25 0.86 Jan 0.84 11.60 0.16 10.52 1.25 0.82 Total Foreign Dec 4.01 48.73 11.02 49.05 10.75 3.95 Jan 3.96 48.71 11.02 49.04 10.76 3.90 Major Exporters 3/ Dec 1.31 20.38 0.59 12.48 8.31 1.49 Jan 1.31 20.39 0.59 12.48 8.31 1.50 Argentina Dec 0.39 7.72 0.00 2.10 5.65 0.35 Jan 0.39 7.72 0.00 2.10 5.65 0.35 Brazil Dec 0.35 8.75 0.17 7.70 1.15 0.42 Jan 0.35 8.75 0.17 7.70 1.15 0.42 EU-27+UK Dec 0.57 3.19 0.42 2.64 0.83 0.71 Jan 0.57 3.20 0.42 2.64 0.83 0.72 Major Importers 4/ Dec 1.79 21.08 6.86 27.78 0.31 1.64 Jan 1.72 21.08 6.86 27.77 0.32 1.57 China Dec 0.65 17.74 1.10 18.69 0.15 0.65 Jan 0.65 17.74 1.10 18.69 0.15 0.65 India Dec 0.15 1.71 3.40 5.15 0.01 0.10 Jan 0.15 1.71 3.40 5.15 0.01 0.10 North Africa 5/ Dec 0.84 1.07 1.61 2.61 0.16 0.75 Jan 0.77 1.07 1.61 2.60 0.16 0.69 ================================================================================ WASDE - 608 - 31 January 2021 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 2019 Annual 27155 27638 55015 43905 5818 50251 105266 9447 218.4 2020 I 6929 7426 14407 11237 1469 12841 27248 2349 56.1 II 6054 6311 12417 10940 1369 12446 24863 2249 56.0 III 7110 7049 14208 11358 1454 12958 27167 2300 55.3 IV 7065 7510 14624 11015 1420 12563 27187 2360 55.4 DecProj. 27238 28336 55777 44560 5722 50830 106607 9258 222.7 Jan Est. 27158 28296 55656 44550 5712 50808 106464 9258 222.9 2021 I* 6855 7300 14206 10940 1415 12485 26691 2300 56.5 II* 6760 6705 13517 11130 1420 12685 26202 2300 57.9 III* 6825 7050 13926 11495 1435 13075 27001 2360 56.3 IV* 6750 7510 14314 11305 1455 12890 27204 2410 56.0 DecProj. 27260 28510 55978 45045 5755 51350 107328 9400 226.3 JanProj. 27190 28565 55963 44870 5725 51135 107098 9370 226.7 ================================================================================ 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 2019 Annual 116.78 47.95 88.6 89.2 94.0 18.63 2020 I 118.32 42.52 83.5 97.4 133.1 18.83 II 105.79 38.96 67.0 103.7 119.6 15.37 III 101.74 40.50 66.7 111.3 89.0 19.07 IV 108.18 50.75 75.7 113.6 107.2 20.00 DecProj. 108.46 43.25 73.5 105.9 111.7 18.25 Jan Est. 108.51 43.18 73.2 106.5 112.2 18.30 2021 I* 113.00 50.00 81.0 104.0 104.0 17.60 II* 113.00 53.00 86.0 106.0 98.0 17.15 III* 115.00 50.00 79.0 108.0 107.0 17.40 IV* 120.00 45.00 78.0 111.0 121.0 18.40 DecProj. 115 47 80 106 106 16.60 JanProj. 115.5 49.5 81.0 107.5 107.5 17.65 ================================================================================ WASDE - 608 - 32 January 2021 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 2019 662 27224 3058 30944 3026 642 27276 58.1 2020 Est. Dec 642 27307 3410 31359 2905 655 27799 58.9 Jan 642 27227 3375 31244 2935 690 27619 58.6 2021 Proj. Dec 655 27329 3135 31119 3080 650 27389 57.8 Jan 690 27259 3115 31064 3090 650 27324 57.6 Pork 2019 559 27652 945 29156 6321 646 22188 52.4 2020 Est. Dec 646 28350 897 29894 7324 475 22095 51.9 Jan 646 28310 912 29869 7314 460 22095 51.9 2021 Proj. Dec 475 28524 945 29944 7350 530 22064 51.6 Jan 460 28579 945 29984 7175 530 22279 52.1 TotalRed Meat5/ 2019 1266 55108 4275 60649 9353 1330 49966 111.9 2020 Est. Dec 1330 55870 4600 61800 10250 1170 50381 112.2 Jan 1330 55749 4590 61669 10268 1187 50215 111.8 2021 Proj. Dec 1170 56071 4355 61596 10439 1218 49939 110.7 Jan 1187 56056 4345 61588 10274 1218 50096 111.1 Broiler 2019 845 43435 131 44411 7103 937 36371 95.1 2020 Est. Dec 937 44083 148 45168 7359 890 36919 96.1 Jan 937 44073 145 45155 7399 835 36921 96.1 2021 Proj. Dec 890 44563 140 45593 7390 905 37298 96.6 Jan 835 44390 140 45365 7390 885 37090 96.0 Turkey 2019 303 5818 12 6133 639 233 5261 16.0 2020 Est. Dec 233 5722 21 5976 578 225 5173 15.7 Jan 233 5712 21 5966 573 225 5168 15.7 2021 Proj. Dec 225 5755 21 6001 590 230 5181 15.6 Jan 225 5725 21 5971 590 230 5151 15.5 Total Poultry6/ 2019 1153 49781 146 51080 7824 1175 42081 112.5 2020 Est. Dec 1175 50353 171 51698 8011 1122 42566 113.2 Jan 1175 50331 168 51673 8048 1065 42561 113.1 2021 Proj. Dec 1122 50867 164 52153 8056 1140 42957 113.6 Jan 1065 50654 164 51883 8056 1120 42707 112.9 RedMeat& Poultry 2019 2419 104889 4421 111728 17177 2504 92047 224.4 2020 Est. Dec 2504 106223 4771 113498 18261 2292 92946 225.3 Jan 2504 106080 4758 113342 18316 2252 92775 225.0 2021 Proj. Dec 2292 106939 4519 113749 18495 2358 92896 224.3 Jan 2252 106710 4509 113471 18330 2338 92803 224.0 ================================================================================ WASDE - 608 - 33 January 2021 U.S. Egg Supply and Use ================================================================================ 2018 2019 2020Proj. 2020 Est. 2021Proj. 2021Proj. Commodity Dec Jan Dec Jan ================================================================================ Million Dozen Eggs Supply BeginningStocks 23.4 22.7 31.6 31.6 29.0 26.0 Production 9205.0 9447.5 9258.0 9258.0 9400.0 9370.0 Imports 17.8 14.6 15.2 15.7 16.0 16.0 Total Supply 9246.2 9484.8 9304.8 9305.3 9445.0 9412.0 Use Exports 333.2 333.9 343.6 338.6 335.0 335.0 Hatching Use 1057.5 1081.2 1072.9 1075.9 1080.0 1080.0 Ending Stocks 22.7 31.6 29.0 26.0 30.0 27.0 Disappearance Total 7832.9 8038.1 7859.3 7864.8 8000.0 7970.0 Per Capita (number) 287.5 293.6 285.7 285.9 289.3 288.2 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2018 2019 2020Proj. 2020 Est. 2021Proj. 2021Proj. Commodity Dec Jan Dec Jan ================================================================================ Billion Pounds Milk Production 217.6 218.4 222.7 222.9 226.3 226.7 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 13.4 13.8 13.6 13.6 14.5 15.2 Marketings 216.6 217.4 221.7 221.9 225.3 225.7 Imports 6.3 6.9 6.9 6.8 6.8 6.6 Total Cml. Supply 236.2 238.1 242.2 242.3 246.6 247.5 Commercial Exports 10.4 9.1 9.2 9.2 9.6 9.7 Ending Commercial Stocks 13.8 13.6 14.5 15.2 14.5 15.2 CCC Donations 0.0 0.2 0.3 0.3 0.0 0.0 Domestic Commercial Use 212.1 215.2 218.2 217.7 222.5 222.6 Beg.CommercialStocks 11.8 10.7 10.2 10.2 10.4 10.3 Marketings 216.6 217.4 221.7 221.9 225.3 225.7 Imports 5.5 5.8 5.6 5.6 5.6 5.5 Total Cml. Supply 233.8 233.9 237.5 237.6 241.2 241.5 Commercial Exports 44.6 41.5 47.6 47.3 48.7 48.7 Ending Commercial Stocks 10.7 10.2 10.4 10.3 10.2 10.3 CCC Donations 0.0 0.2 0.1 0.1 0.0 0.0 Domestic Commercial Use 178.5 181.9 179.4 179.9 182.3 182.4 ================================================================================ WASDE - 608 - 34 January 2021 U.S. Dairy Prices ================================================================================ Commod- 2018 2019 2020 Proj. 2020 Est. 2021 Proj. 2021 Proj. ity Dec Jan Dec Jan ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.5377 1.7586 1.925 1.9236 1.635 1.740 Butter 2.2572 2.2431 1.580 1.5808 1.570 1.605 Nonfat Dry Milk 0.7945 1.0419 1.040 1.0417 1.065 1.100 Dry Whey 0.3422 0.3799 0.360 0.3621 0.405 0.450 Milk Prices 2/ Dollars Per Cwt ClassIII 14.61 16.96 18.20 18.16 15.60 16.90 Class IV 14.23 16.30 13.45 13.49 13.60 14.10 All Milk 3/ 16.27 18.63 18.25 18.30 16.60 17.65 ================================================================================ WASDE - 608 - 35 January 2021 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 1.1 3.0 0.0 8.3 29 9 U.S. 0.2 0.3 0.1 0.0 0.3 16 11 Foreign 0.8 1.3 3.0 0.1 8.3 28 10 Exports World 5.2 8.9 5.4 0.1 18.4 30 8 U.S. 5.1 8.7 1.4 0.1 3.9 20 18 Foreign 6.3 10.8 5.2 0.3 18.0 32 6 Domestic Use World 1.2 2.0 5.2 0.1 14.7 22 16 U.S. 4.6 7.9 1.1 0.0 3.0 11 26 Foreign 1.2 2.0 5.2 0.6 14.8 24 14 Ending Stocks World 4.9 8.3 6.2 0.2 18.1 27 11 U.S. 8.9 15.1 1.5 0.0 4.6 23 14 Foreign 5.3 9.0 5.3 0.1 16.9 27 11 COARSE GRAINS 2/ Production World 1.4 2.3 11.6 0.0 37.7 28 10 U.S. 0.4 0.7 0.3 0.0 4.6 17 8 Foreign 1.9 3.2 11.5 0.0 37.6 27 11 Exports World 6.5 11.0 6.4 0.2 31.9 28 10 U.S. 11.9 20.2 4.6 0.2 13.3 19 19 Foreign 11.0 18.7 6.3 0.4 26.8 26 12 Domestic Use World 1.1 1.9 8.6 0.0 36.2 21 17 U.S. 3.0 5.1 4.0 0.1 18.8 16 22 Foreign 1.4 2.3 8.6 0.1 36.2 27 11 Ending Stocks World 11.1 18.8 14.8 0.6 136.0 32 6 U.S. 15.1 25.7 5.6 0.0 24.3 20 17 Foreign 14.1 24.0 13.1 0.1 143.4 31 7 RICE, milled Production World 1.6 2.8 4.8 0.0 13.9 31 6 U.S. 1.6 2.8 0.1 0.0 0.3 13 7 Foreign 1.7 2.8 4.8 0.1 13.9 32 6 Exports World 9.0 15.3 1.7 0.0 6.6 28 10 U.S. 7.5 12.8 0.2 0.0 0.6 19 17 Foreign 10.1 17.1 1.7 0.0 6.2 27 11 Domestic Use World 1.3 2.3 3.4 0.0 13.9 27 11 U.S. 7.8 13.2 0.2 0.0 0.5 17 21 Foreign 1.4 2.3 3.4 0.0 13.6 28 10 Ending Stocks World 9.5 16.1 5.1 0.5 26.6 32 6 U.S. 20.4 34.7 0.2 0.0 0.6 20 15 Foreign 9.7 16.4 5.1 0.2 26.5 32 6 ================================================================================ WASDE - 608 - 36 January 2021 Reliability of January Projections (Continued) 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons SOYBEANS Production World 3.4 5.8 5.0 0.0 22.4 21 17 U.S. 1.4 2.3 0.6 0.0 2.5 16 17 Foreign 5.7 9.7 5.1 0.2 22.6 21 17 Exports World 6.9 11.7 3.3 0.1 15.5 25 13 U.S. 8.1 13.7 1.9 0.1 6.7 22 16 Foreign 17.4 29.5 3.1 0.0 18.2 19 19 Domestic Use World 2.6 4.4 3.6 0.1 13.0 21 17 U.S. 3.3 5.6 1.2 0.0 3.6 25 13 Foreign 3.2 5.4 3.3 0.2 12.7 22 16 Ending Stocks World 14.5 24.5 4.0 0.1 18.7 21 17 U.S. 41.9 71.2 1.9 0.1 6.6 9 29 Foreign 16.6 28.2 3.8 0.1 17.2 25 13 COTTON Production World 2.6 4.4 2.0 0.0 5.4 25 12 U.S. 1.0 1.7 0.1 0.0 0.3 14 23 Foreign 3.1 5.3 2.0 0.0 5.7 27 10 Exports World 6.4 10.9 1.7 0.1 8.8 21 17 U.S. 11.1 18.9 0.8 0.0 2.7 24 14 Foreign 8.0 13.6 1.3 0.0 8.1 22 16 Domestic Use World 3.9 6.6 2.5 0.3 18.2 20 18 U.S. 8.4 14.3 0.3 0.0 0.9 20 17 Foreign 3.9 6.6 2.4 0.4 17.3 21 17 Ending Stocks World 10.4 17.7 4.3 0.1 20.0 24 14 U.S. 25.0 42.4 0.9 0.2 2.4 11 27 Foreign 11.1 18.8 4.0 0.2 18.2 26 12 ================================================================================ WASDE - 608 - 37 January 2021 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 12 0 148 4 3 Exports 12.5 21.2 166 3 513 18 20 Domestic Use 3.0 5.0 143 6 574 17 21 Ending Stocks 16.9 28.7 223 1 986 21 17 SORGHUM Production 1.0 1.7 2 0 53 1 3 Exports 17.4 29.5 30 0 97 25 11 Domestic Use 18.9 32.1 36 1 148 18 20 Ending Stocks 45.4 77.0 24 1 98 13 25 BARLEY Production 0.8 1.3 1 0 11 17 4 Exports 23.3 39.6 7 0 37 13 22 Domestic Use 7.1 12.1 15 0 70 14 21 Ending Stocks 12.8 21.7 11 1 52 24 14 OATS Production 0.3 0.6 0 0 2 4 4 Exports 65.2 110.7 1 0 7 8 10 Domestic Use 5.1 8.7 11 1 39 17 21 Ending Stocks 17.6 29.9 12 1 47 23 15 Thousand Short Tons SOYBEAN MEAL Production 3.3 5.6 947 15 3117 25 13 Exports 10.3 17.5 677 1 2626 28 10 Domestic Use 2.8 4.8 646 34 2066 20 18 Ending Stocks 34.7 58.8 67 0 253 15 21 Million Pounds SOYBEAN OIL Production 3.2 5.4 433 7 1418 27 11 Exports 24.2 41.0 318 0 1325 22 14 Domestic Use 3.5 6.0 444 25 1628 24 14 Ending Stocks 20.6 34.9 297 25 1206 25 13 ANIMAL PROD. 3/ Million Pounds Beef 3.4 5.8 708 9 2111 24 13 Pork 3.1 5.2 404 5 1717 19 18 Broilers 1.7 2.9 389 24 1011 23 14 Turkeys 2.9 5.0 124 2 407 18 19 Million Dozen Eggs 1.9 3.3 109 4 525 23 14 Billion Pounds Milk 1.5 2.5 1.8 0.0 5.7 20 16 ================================================================================