WASDE - 632 - 8 January 2023 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/ 2020/21 2725.06 3542.93 488.08 2742.07 800.86 2021/22 (Est.) 2794.97 3595.83 510.88 2802.81 793.02 2022/23 (Proj.) Dec 2737.48 3530.18 488.09 2769.94 760.24 Jan 2730.64 3523.66 484.77 2762.97 760.69 Wheat 2020/21 774.55 1072.65 203.33 782.66 289.99 2021/22 (Est.) 779.31 1069.30 202.55 792.49 276.82 2022/23 (Proj.) Dec 780.59 1056.86 210.85 789.53 267.33 Jan 781.31 1058.13 211.62 789.74 268.39 Coarse Grains 5/ 2020/21 1441.19 1778.47 233.60 1455.84 322.63 2021/22 (Est.) 1500.70 1823.32 251.48 1490.23 333.09 2022/23 (Proj.) Dec 1453.62 1787.77 223.54 1463.50 324.27 Jan 1446.36 1779.45 218.81 1457.13 322.32 Rice, milled 2020/21 509.33 691.81 51.15 503.57 188.25 2021/22 (Est.) 514.95 703.20 56.84 520.09 183.11 2022/23 (Proj.) Dec 503.27 685.56 53.70 516.91 168.64 Jan 502.97 686.08 54.34 516.10 169.98 United States Total Grains 4/ 2020/21 429.86 516.87 107.23 351.24 58.40 2021/22 (Est.) 448.60 513.38 94.85 360.68 57.85 2022/23 (Proj.) Dec 414.89 480.25 80.09 348.98 51.17 Jan 408.46 474.49 74.77 349.26 50.46 Wheat 2020/21 49.75 80.46 27.05 30.41 23.00 2021/22 (Est.) 44.80 70.40 21.78 29.61 19.01 2022/23 (Proj.) Dec 44.90 66.38 21.09 29.75 15.54 Jan 44.90 67.18 21.09 30.65 15.44 Coarse Grains 5/ 2020/21 372.89 427.19 77.21 315.97 34.01 2021/22 (Est.) 397.71 434.32 70.46 326.28 37.58 2022/23 (Proj.) Dec 364.77 405.96 56.81 314.73 34.42 Jan 358.47 399.53 51.58 313.95 34.00 Rice, milled 2020/21 7.22 9.22 2.97 4.86 1.39 2021/22 (Est.) 6.08 8.67 2.61 4.80 1.26 2022/23 (Proj.) Dec 5.22 7.91 2.19 4.51 1.21 Jan 5.09 7.78 2.10 4.67 1.02 ================================================================================ WASDE - 632 - 9 January 2023 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/ 2020/21 2295.20 3026.07 380.85 2390.84 742.46 2021/22 (Est.) 2346.37 3082.45 416.03 2442.12 735.17 2022/23 (Proj.) Dec 2322.59 3049.93 407.99 2420.96 709.06 Jan 2322.18 3049.17 410.00 2413.71 710.23 Wheat 2020/21 724.80 992.19 176.28 752.25 266.99 2021/22 (Est.) 734.51 998.91 180.77 762.88 257.81 2022/23 (Proj.) Dec 735.69 990.48 189.76 759.78 251.79 Jan 736.41 990.95 190.53 759.09 252.95 Coarse Grains 5/ 2020/21 1068.30 1351.28 156.39 1139.88 288.61 2021/22 (Est.) 1102.99 1389.01 181.03 1163.95 295.51 2022/23 (Proj.) Dec 1088.85 1381.81 166.73 1148.77 289.85 Jan 1087.89 1379.92 167.23 1143.18 288.32 Rice, milled 2020/21 502.10 682.60 48.18 498.71 186.86 2021/22 (Est.) 508.87 694.53 54.24 515.29 181.85 2022/23 (Proj.) Dec 498.05 677.65 51.51 512.40 167.43 Jan 497.88 678.30 52.24 511.43 168.96 ================================================================================ 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 2020/21 111.49 209.90 48.73 123.19 86.73 2021/22 (Est.) 115.72 202.45 42.86 117.50 85.34 2022/23 (Proj.) Dec 115.73 201.17 42.25 111.70 89.56 Jan 115.40 200.74 41.66 110.85 89.93 United States 2020/21 14.61 21.86 16.35 2.40 3.15 2021/22 (Est.) 17.52 20.68 14.62 2.55 3.75 2022/23 (Proj.) Dec 14.24 18.00 12.25 2.20 3.50 Jan 14.68 18.44 12.00 2.20 4.20 Foreign 4/ 2020/21 96.88 188.04 32.37 120.79 83.58 2021/22 (Est.) 98.19 181.77 28.24 114.95 81.59 2022/23 (Proj.) Dec 101.49 183.18 30.00 109.50 86.06 Jan 100.72 182.30 29.66 108.65 85.73 ================================================================================ WASDE - 632 - 10 January 2023 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 2020/21 607.52 719.45 192.03 508.17 115.59 2021/22 (Est.) 606.92 722.51 178.13 510.97 117.11 2022/23 (Proj.) Dec 644.40 758.76 198.27 533.44 121.42 Jan 641.94 759.04 196.97 532.52 122.18 Oilmeals 2020/21 348.42 368.70 97.00 345.09 18.03 2021/22 (Est.) 349.76 367.79 95.65 346.14 17.68 2022/23 (Proj.) Dec 365.42 383.10 97.58 358.54 19.00 Jan 364.39 382.07 97.66 358.75 18.25 Vegetable Oils 2020/21 206.47 236.40 85.40 204.51 28.34 2021/22 (Est.) 208.81 237.16 78.99 204.15 29.40 2022/23 (Proj.) Dec 217.55 246.98 87.46 212.80 29.85 Jan 217.62 247.01 87.32 213.07 29.60 United States Oilseeds 2020/21 124.52 141.69 62.78 62.66 8.64 2021/22 (Est.) 131.35 141.16 59.71 63.88 9.14 2022/23 (Proj.) Dec 127.92 138.40 56.64 65.63 7.70 Jan 125.96 136.39 55.08 65.50 7.46 Oilmeals 2020/21 48.25 53.02 12.62 40.00 0.39 2021/22 (Est.) 49.26 53.21 12.44 40.42 0.35 2022/23 (Proj.) Dec 50.51 54.83 12.66 41.77 0.40 Jan 50.46 54.79 12.66 41.72 0.40 Vegetable Oils 2020/21 12.70 18.86 1.04 16.52 1.30 2021/22 (Est.) 13.06 19.61 1.05 17.29 1.27 2022/23 (Proj.) Dec 13.43 20.07 0.74 18.10 1.24 Jan 13.39 20.08 0.58 18.25 1.25 Foreign 3/ Oilseeds 2020/21 483.00 577.76 129.25 445.52 106.95 2021/22 (Est.) 475.57 581.35 118.42 447.08 107.97 2022/23 (Proj.) Dec 516.47 620.36 141.63 467.81 113.72 Jan 515.97 622.65 141.90 467.02 114.72 Oilmeals 2020/21 300.18 315.69 84.37 305.09 17.64 2021/22 (Est.) 300.50 314.58 83.21 305.73 17.32 2022/23 (Proj.) Dec 314.91 328.27 84.92 316.77 18.59 Jan 313.94 327.28 85.00 317.03 17.85 Vegetable Oils 2020/21 193.77 217.54 84.36 188.00 27.04 2021/22 (Est.) 195.75 217.55 77.94 186.86 28.13 2022/23 (Proj.) Dec 204.12 226.91 86.73 194.70 28.61 Jan 204.23 226.93 86.74 194.82 28.36 ================================================================================ WASDE - 632 - 11 January 2023 U.S. Wheat Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Acres Area Planted 44.5 46.7 45.7 45.7 Area Harvested 36.8 37.1 35.5 35.5 Bushels Yield per Harvested Acre 49.7 44.3 46.5 46.5 Million Bushels Beginning Stocks 1028 845 669 698 Production 1828 1646 1650 1650 Imports 100 95 120 120 Supply, Total 2956 2587 2439 2468 Food 961 972 977 977 Seed 64 58 66 69 Feed and Residual 93 59 50 80 Domestic, Total 1117 1088 1093 1126 Exports 994 800 775 775 Use, Total 2111 1888 1868 1901 Ending Stocks 845 698 571 567 Avg.FarmPrice ($/bu) 2/ 5.05 7.63 9.10 9.10 ================================================================================ 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 2021/22 (Est.) Beginning Stocks 428 235 85 70 27 845 Production 750 297 361 201 38 1646 Supply, Total 3/ 1182 575 449 276 105 2587 Domestic Use 489 220 238 75 67 1088 Exports 317 209 112 148 14 800 Use, Total 806 429 350 222 81 1888 Ending Stocks, Total 376 146 99 54 24 698 2022/23 (Proj.) Beginning Stocks 376 146 99 54 24 698 Production 531 446 337 272 64 1650 Supply, Total 3/ 912 647 441 331 138 2468 Domestic Use 418 297 226 96 90 1126 Exports 220 230 125 180 20 775 Use, Total 638 527 351 276 110 1901 Ending Stocks, Total Jan 274 120 90 56 28 567 Dec 259 119 97 64 33 571 ================================================================================ WASDE - 632 - 12 January 2023 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Acres FEED GRAINS Area Planted 102.3 105.8 100.5 100.4 Area Harvested 90.6 94.4 89.6 87.1 Metric Tons Yield per Harvested Acre 4.11 4.21 4.07 4.11 Million Metric Tons Beginning Stocks 51.8 34.0 37.7 37.6 Production 372.6 397.5 364.5 358.2 Imports 2.2 2.3 3.1 3.1 Supply, Total 426.6 433.8 405.3 398.9 Feed and Residual 146.7 148.6 138.2 137.7 Food, Seed & Industrial 168.8 177.1 175.8 175.6 Domestic, Total 315.4 325.8 314.1 313.3 Exports 77.2 70.5 56.8 51.6 Use, Total 392.6 396.2 370.9 364.9 Ending Stocks 34.0 37.6 34.4 34.0 Million Acres CORN Area Planted 90.7 93.3 88.6 88.6 Area Harvested 82.3 85.3 80.8 79.2 Bushels Yield per Harvested Acre 171.4 176.7 172.3 173.3 Million Bushels Beginning Stocks 1919 1235 1377 1377 Production 14111 15074 13930 13730 Imports 24 24 50 50 Supply, Total 16055 16333 15357 15157 Feed and Residual 5607 5718 5300 5275 Food,Seed& Industrial 2/ 6467 6766 6725 6715 Ethanol & by-products 3/ 5028 5326 5275 5275 Domestic, Total 12074 12484 12025 11990 Exports 2747 2471 2075 1925 Use, Total 14821 14956 14100 13915 Ending Stocks 1235 1377 1257 1242 Avg.FarmPrice ($/bu) 4/ 4.53 6.00 6.70 6.70 ================================================================================ WASDE - 632 - 13 January 2023 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 5.9 7.3 6.4 6.3 AreaHarvested(mil.acres) 5.1 6.5 5.5 4.6 Yield (bushels/acre) 73.2 69.0 43.0 41.1 Beginning Stocks 30 20 53 47 Production 373 448 236 188 Imports 0 0 0 0 Supply, Total 403 468 289 235 Feed and Residual 97 81 70 70 Food, Seed & Industrial 7 45 40 40 Total Domestic 104 127 110 110 Exports 279 294 155 100 Use, Total 383 421 265 210 Ending Stocks 20 47 24 25 Avg.FarmPrice ($/bu) 2/ 5.04 5.94 6.70 6.85 BARLEY AreaPlanted (mil. acres) 2.7 2.7 2.9 2.9 AreaHarvested(mil.acres) 2.2 2.0 2.4 2.4 Yield (bushels/acre) 77.2 60.3 71.7 71.7 Beginning Stocks 80 71 42 42 Production 171 120 174 174 Imports 7 15 15 15 Supply, Total 258 206 231 231 Feed and Residual 26 20 30 35 Food, Seed & Industrial 147 137 130 130 Total Domestic 172 157 160 165 Exports 14 7 6 5 Use, Total 186 164 166 170 Ending Stocks 71 42 65 61 Avg.FarmPrice ($/bu) 2/ 4.75 5.31 7.30 7.30 OATS AreaPlanted (mil. acres) 3.0 2.6 2.6 2.6 AreaHarvested(mil.acres) 1.0 0.7 0.9 0.9 Yield (bushels/acre) 65.1 61.3 64.8 64.8 Beginning Stocks 37 38 31 33 Production 66 40 58 58 Imports 85 81 90 90 Supply, Total 188 159 178 180 Feed and Residual 68 44 65 65 Food, Seed & Industrial 78 79 81 81 Total Domestic 147 124 146 146 Exports 3 3 2 2 Use, Total 150 126 148 148 Ending Stocks 38 33 30 32 Avg.FarmPrice ($/bu) 2/ 2.77 4.55 5.20 5.00 ================================================================================ WASDE - 632 - 14 January 2023 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Acres TOTAL RICE Area Planted 3.04 2.53 2.22 2.22 Area Harvested 2.99 2.49 2.18 2.17 Pounds Yield per Harvested Acre 7619 7709 7549 7383 Million Hundredweight Beginning Stocks 2/ 28.7 43.7 39.7 39.7 Production 227.5 191.6 164.3 160.4 Imports 34.1 37.8 45.0 45.0 Supply, Total 290.2 273.0 249.1 245.1 Domestic & Residual 3/ 153.1 151.1 142.0 147.0 Exports, Total 4/ 93.5 82.2 69.0 66.0 Rough 34.6 28.3 23.0 20.0 Milled (rough equiv.) 58.9 53.9 46.0 46.0 Use, Total 246.6 233.3 211.0 213.0 Ending Stocks 43.7 39.7 38.1 32.1 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 14.40 16.10 19.00 19.20 LONG GRAIN RICE Harvested Acres (mil.) 2.30 1.94 1.77 Yield (pounds/acre) 7422 7471 7224 Beginning Stocks 16.9 29.7 24.6 24.6 Imports 27.4 30.7 35.0 35.0 Production 170.8 144.6 131.7 128.2 Supply, Total 7/ 215.1 205.0 191.3 187.8 Domestic & Residual 3/ 120.3 119.7 113.0 117.0 Exports 8/ 65.0 60.6 51.0 49.0 Use, Total 185.3 180.3 164.0 166.0 Ending Stocks 29.7 24.6 27.3 21.8 Avg.FarmPrice($/cwt) 6/ 12.60 13.60 16.50 16.70 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.69 0.55 0.40 Yield (pounds/acre) 8282 8549 8094 Beginning Stocks 10.7 11.5 13.0 13.0 Imports 6.7 7.1 10.0 10.0 Production 56.7 47.0 32.7 32.2 Supply, Total 7/ 72.7 66.0 55.7 55.3 Domestic & Residual 3/ 32.8 31.4 29.0 30.0 Exports 8/ 28.5 21.5 18.0 17.0 Use, Total 61.2 53.0 47.0 47.0 Ending Stocks 11.5 13.0 8.7 8.3 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 20.10 24.80 29.10 29.20 California 10/ 22.60 28.50 36.00 36.00 Other States 1/ 13.00 13.90 17.40 17.60 ================================================================================ WASDE - 632 - 15 January 2023 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Acres SOYBEANS Area Planted 83.4 87.2 87.5 87.5 Area Harvested 82.6 86.3 86.6 86.3 Bushels Yield per Harvested Acre 51.0 51.7 50.2 49.5 Million Bushels Beginning Stocks 525 257 274 274 Production 4216 4465 4346 4276 Imports 20 16 15 15 Supply, Total 4761 4738 4634 4566 Crushings 2141 2204 2245 2245 Exports 2266 2158 2045 1990 Seed 101 102 102 102 Residual -4 1 22 18 Use, Total 4504 4464 4414 4355 Ending Stocks 257 274 220 210 Avg.FarmPrice ($/bu) 2/ 10.80 13.30 14.00 14.20 Million Pounds SOYBEAN OIL Beginning Stocks 1853 2131 1991 1991 Production 4/ 25023 26143 26310 26310 Imports 302 303 300 300 Supply, Total 27177 28578 28601 28601 Domestic Disappearance 23314 24813 25600 25900 Biofuel 3/ 8920 10348 11600 11600 Food, Feed & other Industrial 14394 14465 14000 14300 Exports 1731 1773 1100 800 Use, Total 25046 26587 26700 26700 Ending stocks 2131 1991 1901 1901 Avg. Price (c/lb) 2/ 56.87 72.98 68.00 68.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 341 341 311 311 Production 4/ 50565 51811 52839 52839 Imports 784 649 600 600 Supply, Total 51691 52800 53750 53750 Domestic Disappearance 37674 38966 39700 39700 Exports 13675 13524 13700 13700 Use, Total 51350 52490 53400 53400 Ending Stocks 341 311 350 350 Avg. Price ($/s.t.) 2/ 392.31 439.81 410.00 425.00 ================================================================================ WASDE - 632 - 16 January 2023 U.S. Sugar Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1618 1705 1814 1819 Production 2/ 9233 9156 9039 9248 Beet Sugar 5092 5155 4927 5048 Cane Sugar 4141 4000 4111 4199 Florida 2090 1933 1989 1989 Louisiana 1918 1944 2025 2113 Texas 134 124 97 97 Imports 3221 3646 3494 3458 TRQ 3/ 1749 1579 1691 1606 Other Program 4/ 292 298 250 250 Non-program 1180 1769 1552 1602 Mexico 968 1379 1477 1477 High-tier tariff/other 212 390 75 125 Total Supply 14072 14506 14347 14525 Exports 49 29 35 35 Deliveries 12277 12578 12605 12605 Food 12161 12470 12500 12500 Other 5/ 116 107 105 105 Miscellaneous 40 81 0 0 Total Use 12367 12688 12640 12640 Ending Stocks 1705 1819 1707 1885 Stocks to Use Ratio 13.8 14.3 13.5 14.9 ================================================================================ 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 2021/22 Est. Dec 1053 6185 31 4629 1676 964 Jan 1053 6185 31 4629 1676 964 2022/23 Proj. Dec 964 5900 35 4662 1266 971 Jan 964 5900 35 4661 1267 971 ================================================================================ WASDE - 632 - 17 January 2023 U.S. Cotton Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Dec Jan ================================================================================ Million Acres Planted 12.09 11.22 13.79 13.76 Harvested 8.22 10.27 7.88 7.44 Pounds Yield per Harvested Acre 853 819 868 947 Million 480 Pound Bales Beginning Stocks 7.25 3.15 3.75 3.75 Production 14.61 17.52 14.24 14.68 Imports 0.00 0.01 0.01 0.01 Supply, Total 21.86 20.68 18.00 18.44 Domestic Use 2.40 2.55 2.20 2.20 Exports, Total 16.35 14.62 12.25 12.00 Use, Total 18.75 17.17 14.45 14.20 Unaccounted 2/ -0.04 -0.24 0.05 0.04 Ending Stocks 3.15 3.75 3.50 4.20 Avg. Farm Price 3/ 66.3 91.4 85.0 83.0 ================================================================================ WASDE - 632 - 18 January 2023 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2020/21 World 3/ 298.10 774.55 194.68 157.89 782.66 203.33 289.99 World Less China 148.09 640.30 184.07 117.89 632.66 202.56 145.87 United States 27.99 49.75 2.73 2.54 30.41 27.05 23.00 Total Foreign 270.12 724.80 191.96 155.36 752.25 176.28 266.99 Major Exporters 4/ 32.48 322.46 6.67 72.80 179.33 147.42 34.86 Argentina 2.46 17.64 0.01 0.05 6.25 11.53 2.32 Australia 2.68 31.92 0.20 4.50 8.03 23.77 3.00 Canada 5.50 35.44 0.55 4.15 9.10 26.43 5.95 European Union 5/ 13.11 126.68 5.39 42.50 104.75 29.74 10.70 Russia 7.23 85.35 0.40 19.00 42.50 39.10 11.38 Ukraine 1.50 25.42 0.13 2.60 8.70 16.85 1.51 Major Importers 6/ 193.54 200.43 124.37 57.58 323.60 12.62 182.11 Bangladesh 1.76 1.18 7.20 0.50 8.00 0.00 2.14 Brazil 1.99 6.25 6.40 0.40 11.80 0.93 1.91 China 150.02 134.25 10.62 40.00 150.00 0.76 144.12 Japan 1.10 1.00 5.49 0.65 6.25 0.30 1.04 N. Africa 7/ 14.36 15.81 28.50 1.75 46.62 0.80 11.24 Nigeria 0.30 0.06 6.59 0.05 5.55 0.60 0.79 Sel. Mideast 8/ 11.69 20.65 17.70 3.54 39.03 0.62 10.38 Southeast Asia 9/ 5.91 0.00 25.18 7.29 25.00 1.14 4.95 Selected Other India 24.70 107.86 0.02 6.50 102.22 2.56 27.80 Kazakhstan 0.66 14.26 1.00 1.45 6.25 8.19 1.48 United Kingdom 2.44 9.66 3.22 5.96 13.46 0.45 1.42 2021/22 Est. World 3/ 289.99 779.31 198.47 160.15 792.49 202.55 276.82 World Less China 145.87 642.37 188.91 125.15 644.49 201.68 135.06 United States 23.00 44.80 2.59 1.60 29.61 21.78 19.01 Total Foreign 266.99 734.51 195.88 158.56 762.88 180.77 257.81 Major Exporters 4/ 34.86 327.17 5.82 78.54 185.67 142.40 39.79 Argentina 2.32 22.15 0.00 0.05 6.15 15.98 2.35 Australia 3.00 36.35 0.21 5.00 8.53 27.53 3.50 Canada 5.95 22.30 0.55 4.99 9.99 15.13 3.67 European Union 5/ 10.70 138.22 4.61 45.00 108.25 31.92 13.36 Russia 11.38 75.16 0.30 19.50 42.75 33.00 11.09 Ukraine 1.51 33.01 0.14 4.00 10.00 18.84 5.81 Major Importers 6/ 182.11 203.23 130.46 53.73 323.62 15.31 176.87 Bangladesh 2.14 1.13 6.34 0.60 8.30 0.00 1.31 Brazil 1.91 7.70 6.39 0.45 11.75 3.07 1.18 China 144.12 136.95 9.57 35.00 148.00 0.88 141.76 Japan 1.04 1.13 5.61 0.75 6.30 0.30 1.18 N. Africa 7/ 11.24 20.43 26.61 1.87 47.02 0.41 10.86 Nigeria 0.79 0.09 6.19 0.05 5.85 0.60 0.62 Sel. Mideast 8/ 10.38 16.50 22.90 3.88 39.08 0.75 9.96 Southeast Asia 9/ 4.95 0.00 27.01 7.50 25.33 1.23 5.41 Selected Other India 27.80 109.59 0.03 7.00 109.88 8.03 19.50 Kazakhstan 1.48 11.81 2.50 1.35 6.20 8.10 1.49 United Kingdom 1.42 13.99 2.63 7.40 15.40 0.83 1.81 ================================================================================ WASDE - 632 - 19 January 2023 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 ================================================================================ 2022/23 Proj. World 3/ Dec 276.27 780.59 204.30 154.91 789.53 210.85 267.33 Jan 276.82 781.31 205.05 155.30 789.74 211.62 268.39 World Less China Dec 134.51 642.59 194.80 124.91 645.53 209.95 122.97 Jan 135.06 643.59 195.55 125.30 645.74 210.72 124.31 United States Dec 18.21 44.90 3.27 1.36 29.75 21.09 15.54 Jan 19.01 44.90 3.27 2.18 30.65 21.09 15.44 Total Foreign Dec 258.06 735.69 201.03 153.55 759.78 189.76 251.79 Jan 257.81 736.41 201.78 153.13 759.09 190.53 252.95 Major Exporters 4/ Dec 39.51 328.72 8.21 78.55 186.20 152.50 37.74 Jan 39.79 329.62 9.21 78.05 185.70 153.50 39.41 Argentina Dec 2.08 12.50 0.01 0.05 6.15 7.50 0.93 Jan 2.35 12.50 0.01 0.05 6.15 7.50 1.21 Australia Dec 3.50 36.60 0.20 5.00 8.55 27.50 4.25 Jan 3.50 36.60 0.20 5.00 8.55 27.50 4.25 Canada Dec 3.67 33.82 0.60 3.50 8.55 26.00 3.55 Jan 3.67 33.82 0.60 3.50 8.55 26.00 3.55 European Union 5/ Dec 13.36 134.30 7.00 44.50 108.25 36.00 10.41 Jan 13.36 134.70 8.00 44.50 108.25 36.50 11.31 Russia Dec 11.09 91.00 0.30 21.00 45.00 43.00 14.39 Jan 11.09 91.00 0.30 21.00 45.00 43.00 14.39 Ukraine Dec 5.81 20.50 0.10 4.50 9.70 12.50 4.21 Jan 5.81 21.00 0.10 4.00 9.20 13.00 4.71 Major Importers 6/ Dec 177.52 205.82 133.22 48.70 320.47 15.77 180.32 Jan 176.87 205.54 132.52 48.70 320.17 15.77 179.00 Bangladesh Dec 1.31 1.10 6.00 0.20 7.40 0.00 1.01 Jan 1.31 1.10 6.00 0.20 7.40 0.00 1.01 Brazil Dec 1.18 9.50 5.60 0.40 11.70 3.50 1.08 Jan 1.18 9.50 5.60 0.40 11.70 3.50 1.08 China Dec 141.76 138.00 9.50 30.00 144.00 0.90 144.36 Jan 141.76 137.72 9.50 30.00 144.00 0.90 144.08 Japan Dec 1.18 1.05 5.75 0.75 6.30 0.30 1.38 Jan 1.18 1.05 5.75 0.75 6.30 0.30 1.38 N. Africa 7/ Dec 10.86 17.60 29.90 1.77 47.22 0.50 10.64 Jan 10.86 17.60 29.90 1.77 47.22 0.50 10.64 Nigeria Dec 0.62 0.11 6.10 0.00 5.70 0.60 0.53 Jan 0.62 0.11 6.10 0.00 5.70 0.60 0.53 Sel. Mideast 8/ Dec 10.61 17.61 23.22 3.38 39.18 0.77 11.49 Jan 9.96 17.61 22.72 3.38 39.08 0.77 10.44 Southeast Asia 9/ Dec 5.41 0.00 27.15 8.20 26.25 1.15 5.17 Jan 5.41 0.00 26.95 8.20 26.05 1.15 5.17 India Dec 19.50 103.00 0.03 6.00 104.00 6.25 12.28 Jan 19.50 103.00 0.10 6.00 104.08 5.90 12.63 Kazakhstan Dec 1.49 14.00 1.00 1.40 6.25 9.00 1.24 Jan 1.49 14.00 1.50 1.50 6.35 9.00 1.64 United Kingdom Dec 1.81 15.40 1.80 7.80 15.80 1.30 1.91 Jan 1.81 15.50 1.80 7.80 15.80 1.30 2.01 ================================================================================ WASDE - 632 - 20 January 2023 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 ================================================================================ 2020/21 World 3/ 337.28 1441.19 233.87 904.01 1455.84 233.60 322.63 World Less China 136.33 1172.10 183.34 683.06 1142.74 233.59 115.17 United States 51.83 372.89 2.48 146.84 315.97 77.21 34.01 Total Foreign 285.45 1068.30 231.39 757.17 1139.88 156.39 288.61 Major Exporters 4/ 24.24 297.33 5.46 134.75 181.01 126.63 19.39 Argentina 4.57 60.01 0.02 11.29 17.02 45.52 2.06 Australia 3.01 18.56 0.00 6.21 8.08 10.50 2.98 Brazil 5.82 90.32 3.35 62.42 73.86 21.04 4.60 Canada 3.98 29.64 1.89 16.69 24.65 7.26 3.61 Russia 1.87 41.40 0.09 21.47 31.04 10.42 1.90 Ukraine 2.55 39.59 0.07 9.25 12.41 28.15 1.65 Major Importers 5/ 36.25 252.58 137.73 294.53 377.02 13.24 36.30 European Union 6/ 14.16 155.46 15.87 119.91 159.41 11.45 14.62 Japan 1.74 0.23 16.98 13.45 17.29 0.00 1.66 Mexico 4.14 32.66 17.15 30.34 49.84 0.51 3.60 N. Afr & Mideast 7/ 7.69 32.62 38.77 63.16 71.37 0.71 7.01 Saudi Arabia 1.72 0.19 10.03 10.25 10.61 0.00 1.33 Southeast Asia 8/ 3.80 31.12 22.65 43.43 51.72 0.57 5.29 South Korea 2.02 0.22 11.80 9.47 12.01 0.00 2.04 Selected Other China 200.96 269.08 50.53 220.95 313.11 0.01 207.46 2021/22 Est. World 3/ 322.63 1500.70 229.80 913.32 1490.23 251.48 333.09 World Less China 115.17 1219.85 188.30 685.50 1170.21 251.47 123.32 United States 34.01 397.71 2.59 148.76 326.28 70.46 37.58 Total Foreign 288.61 1102.99 227.20 764.56 1163.95 181.03 295.51 Major Exporters 4/ 19.39 331.62 9.48 141.96 188.18 148.02 24.29 Argentina 2.06 59.16 0.01 12.02 17.64 41.20 2.38 Australia 2.98 18.76 0.00 5.44 7.31 10.95 3.47 Brazil 4.60 120.62 2.95 65.09 77.18 46.52 4.48 Canada 3.61 24.43 6.40 16.90 25.12 5.63 3.68 Russia 1.90 38.54 0.10 22.23 31.11 7.58 1.85 Ukraine 1.65 53.51 0.02 12.95 16.08 32.93 6.17 Major Importers 5/ 36.30 248.19 138.85 288.56 371.70 15.30 36.34 European Union 6/ 14.62 154.41 21.35 120.47 159.89 13.72 16.77 Japan 1.66 0.24 16.50 13.09 16.83 0.00 1.57 Mexico 3.60 32.79 18.56 31.05 50.77 0.25 3.93 N. Afr & Mideast 7/ 7.01 29.37 40.57 61.03 69.77 0.69 6.50 Saudi Arabia 1.33 0.20 8.28 8.05 8.41 0.00 1.40 Southeast Asia 8/ 5.29 30.90 17.34 41.11 49.48 0.64 3.41 South Korea 2.04 0.20 11.61 9.24 11.77 0.00 2.08 Selected Other China 207.46 280.85 41.50 227.83 320.03 0.01 209.77 ================================================================================ WASDE - 632 - 21 January 2023 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 ================================================================================ 2022/23 Proj. World 3/ Dec 334.14 1453.62 217.01 899.86 1463.50 223.54 324.27 Jan 333.09 1446.36 215.02 896.56 1457.13 218.81 322.32 World Less China Dec 124.37 1171.32 182.56 671.21 1143.65 223.49 117.65 Jan 123.32 1160.86 182.07 667.41 1136.78 218.76 114.50 United States Dec 37.71 364.77 3.48 138.51 314.73 56.81 34.42 Jan 37.58 358.47 3.48 137.99 313.95 51.58 34.00 Total Foreign Dec 296.43 1088.85 213.53 761.34 1148.77 166.73 289.85 Jan 295.51 1087.89 211.54 758.57 1143.18 167.23 288.32 Major Exporters 4/ Dec 25.09 335.75 3.00 144.50 191.22 142.67 29.95 Jan 24.29 331.45 3.00 141.90 188.62 142.67 27.46 Argentina Dec 2.38 63.81 0.01 11.96 17.67 46.20 2.33 Jan 2.38 60.81 0.01 11.96 17.67 43.20 2.33 Australia Dec 3.26 18.17 0.00 6.02 7.90 10.48 3.06 Jan 3.47 18.17 0.00 6.02 7.90 10.48 3.27 Brazil Dec 5.48 130.54 1.80 69.50 81.99 47.03 8.80 Jan 4.48 129.54 1.80 68.50 80.99 47.03 7.80 Canada Dec 3.68 30.54 1.04 17.22 24.91 6.68 3.67 Jan 3.68 30.54 1.04 17.22 24.91 6.68 3.67 Russia Dec 1.85 41.00 0.10 22.80 32.10 8.95 1.91 Jan 1.85 41.00 0.10 22.80 32.10 8.95 1.91 Ukraine Dec 6.17 34.46 0.00 9.62 12.75 19.93 7.96 Jan 6.17 34.16 0.00 8.02 11.15 22.93 6.26 Major Importers 5/ Dec 36.30 231.29 138.49 281.17 363.17 10.39 32.52 Jan 36.34 231.22 138.28 281.16 363.16 10.29 32.39 European Union 6/ Dec 16.77 135.68 23.10 114.51 152.98 8.77 13.79 Jan 16.77 135.61 23.60 115.31 153.78 8.47 13.73 Japan Dec 1.57 0.25 16.47 12.85 16.75 0.00 1.54 Jan 1.57 0.25 16.47 12.85 16.75 0.00 1.54 Mexico Dec 3.93 33.50 18.07 31.34 51.06 0.60 3.84 Jan 3.93 33.50 18.07 31.34 51.06 0.60 3.84 N. Afr & Mideast 7/ Dec 6.46 31.13 37.71 60.20 68.52 0.44 6.34 Jan 6.50 31.13 37.75 60.14 68.46 0.64 6.28 Saudi Arabia Dec 1.40 0.19 8.71 8.75 9.11 0.00 1.20 Jan 1.40 0.19 8.71 8.75 9.11 0.00 1.20 Southeast Asia 8/ Dec 3.41 30.31 18.76 40.25 48.75 0.58 3.14 Jan 3.41 30.31 18.01 39.50 48.00 0.58 3.14 South Korea Dec 2.08 0.15 11.10 8.74 11.22 0.00 2.11 Jan 2.08 0.15 11.10 8.74 11.22 0.00 2.11 China Dec 209.77 282.30 34.45 228.65 319.85 0.05 206.62 Jan 209.77 285.50 32.95 229.15 320.35 0.05 207.82 ================================================================================ WASDE - 632 - 22 January 2023 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2020/21 World 3/ 307.41 1129.20 184.94 723.98 1144.08 182.70 292.54 World Less China 106.88 868.53 155.42 520.98 859.08 182.70 86.83 United States 48.76 358.45 0.62 142.43 306.69 69.78 31.36 Total Foreign 258.65 770.76 184.32 581.56 837.39 112.93 261.18 Major Exporters 4/ 13.37 200.12 2.92 91.02 113.82 93.55 9.04 Argentina 3.62 52.00 0.01 9.50 13.50 40.94 1.18 Brazil 5.33 87.00 2.85 59.50 70.00 21.02 4.15 Russia 0.83 13.87 0.04 8.90 10.00 3.99 0.75 South Africa 2.12 16.95 0.01 7.22 13.22 3.73 2.12 Ukraine 1.48 30.30 0.02 5.90 7.10 23.86 0.83 Major Importers 5/ 20.79 132.43 92.89 164.27 219.53 4.79 21.78 Egypt 1.73 6.40 9.63 13.90 16.40 0.01 1.36 European Union 6/ 7.38 67.44 14.49 57.20 77.70 3.74 7.88 Japan 1.39 0.01 15.48 12.00 15.45 0.00 1.42 Mexico 3.52 27.35 16.50 25.60 43.80 0.48 3.08 Southeast Asia 7/ 3.79 31.07 20.69 41.65 49.70 0.57 5.28 South Korea 2.00 0.09 11.71 9.42 11.78 0.00 2.02 Selected Other Canada 2.56 13.56 1.58 8.59 13.98 1.56 2.17 China 200.53 260.67 29.51 203.00 285.00 0.00 205.70 2021/22 Est. World 3/ 292.54 1214.88 184.08 749.02 1201.46 204.03 305.95 World Less China 86.83 942.32 162.20 540.02 910.46 204.03 96.82 United States 31.36 382.89 0.62 145.25 317.12 62.78 34.98 Total Foreign 261.18 831.98 183.47 603.77 884.34 141.26 270.98 Major Exporters 4/ 9.04 238.95 2.37 97.70 120.80 116.18 13.38 Argentina 1.18 49.50 0.01 9.80 13.70 35.50 1.49 Brazil 4.15 116.00 2.30 61.00 72.00 46.50 3.95 Russia 0.75 15.23 0.05 10.00 11.10 4.00 0.93 South Africa 2.12 16.10 0.00 7.20 13.10 3.20 1.92 Ukraine 0.83 42.13 0.02 9.70 10.90 26.98 5.09 Major Importers 5/ 21.78 136.21 94.33 168.10 223.25 6.89 22.18 Egypt 1.36 7.44 9.76 14.50 17.00 0.00 1.56 European Union 6/ 7.88 70.98 19.78 62.30 82.70 6.00 9.94 Japan 1.42 0.01 15.00 11.70 15.05 0.00 1.38 Mexico 3.08 26.76 17.57 25.80 44.00 0.25 3.16 Southeast Asia 7/ 5.28 30.85 16.16 40.10 48.25 0.64 3.40 South Korea 2.02 0.10 11.50 9.20 11.55 0.00 2.06 Selected Other Canada 2.17 13.98 6.14 11.54 17.36 2.19 2.75 China 205.70 272.55 21.88 209.00 291.00 0.00 209.14 ================================================================================ WASDE - 632 - 23 January 2023 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 ================================================================================ 2022/23 Proj. World 3/ Dec 307.09 1161.86 176.42 735.25 1170.55 181.63 298.40 Jan 305.95 1155.93 175.45 732.95 1165.47 178.17 296.42 World Less China Dec 97.96 887.86 158.42 521.25 875.55 181.61 92.29 Jan 96.82 878.73 157.45 516.95 868.47 178.15 89.10 United States Dec 34.98 353.84 1.27 134.63 305.45 52.71 31.93 Jan 34.98 348.75 1.27 133.99 304.56 48.90 31.54 Total Foreign Dec 272.12 808.03 175.15 600.63 865.10 128.93 266.48 Jan 270.98 807.18 174.18 598.96 860.91 129.28 264.88 Major Exporters 4/ Dec 14.38 238.70 1.36 99.10 122.90 112.20 19.34 Jan 13.38 234.70 1.36 96.60 120.40 112.20 16.84 Argentina Dec 1.49 55.00 0.01 10.00 14.00 41.00 1.49 Jan 1.49 52.00 0.01 10.00 14.00 38.00 1.49 Brazil Dec 4.95 126.00 1.30 65.50 77.00 47.00 8.25 Jan 3.95 125.00 1.30 64.50 76.00 47.00 7.25 Russia Dec 0.93 14.00 0.05 9.80 10.90 3.30 0.78 Jan 0.93 14.00 0.05 9.80 10.90 3.30 0.78 South Africa Dec 1.92 16.70 0.00 7.30 13.30 3.40 1.92 Jan 1.92 16.70 0.00 7.30 13.30 3.40 1.92 Ukraine Dec 5.09 27.00 0.00 6.50 7.70 17.50 6.89 Jan 5.09 27.00 0.00 5.00 6.20 20.50 5.39 Major Importers 5/ Dec 22.14 119.67 95.40 159.80 214.40 3.39 19.43 Jan 22.18 119.67 94.80 159.20 213.80 3.39 19.47 Egypt Dec 1.52 7.44 9.20 13.90 16.40 0.01 1.75 Jan 1.56 7.44 9.20 13.90 16.40 0.01 1.79 European Union 6/ Dec 9.94 54.20 21.50 56.50 76.10 2.20 7.34 Jan 9.94 54.20 21.50 56.50 76.10 2.20 7.34 Japan Dec 1.38 0.01 15.00 11.50 15.00 0.00 1.39 Jan 1.38 0.01 15.00 11.50 15.00 0.00 1.39 Mexico Dec 3.16 27.60 17.20 26.00 44.20 0.60 3.16 Jan 3.16 27.60 17.20 26.00 44.20 0.60 3.16 Southeast Asia 7/ Dec 3.40 30.26 17.00 38.70 46.95 0.58 3.13 Jan 3.40 30.26 16.40 38.10 46.35 0.58 3.13 South Korea Dec 2.06 0.08 11.00 8.70 11.05 0.00 2.09 Jan 2.06 0.08 11.00 8.70 11.05 0.00 2.09 Canada Dec 2.75 14.54 1.00 9.30 14.50 1.60 2.19 Jan 2.75 14.54 1.00 9.30 14.50 1.60 2.19 China Dec 209.14 274.00 18.00 214.00 295.00 0.02 206.12 Jan 209.14 277.20 18.00 216.00 297.00 0.02 207.32 ================================================================================ WASDE - 632 - 24 January 2023 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 ================================================================================ 2020/21 World 3/ 182.49 509.33 46.43 503.57 51.15 188.25 World Less China 65.99 361.03 42.22 353.27 48.93 71.75 United States 0.91 7.22 1.08 4.86 2.97 1.39 Total Foreign 181.58 502.10 45.35 498.71 48.18 186.86 Major Exporters 4/ 40.93 191.63 2.01 149.30 38.55 46.72 Burma 1.01 12.60 0.00 10.50 1.90 1.21 India 33.90 124.37 0.00 101.05 20.22 37.00 Pakistan 0.94 8.42 0.01 3.60 3.88 1.89 Thailand 3.90 18.86 0.20 12.70 6.28 3.98 Vietnam 1.18 27.38 1.80 21.45 6.27 2.64 Major Importers 5/ 128.89 240.06 17.08 255.09 2.71 128.23 China 116.50 148.30 4.22 150.29 2.22 116.50 European Union 6/ 0.92 1.83 1.78 3.40 0.45 0.68 Indonesia 3.31 34.50 0.65 35.40 0.00 3.06 Nigeria 1.49 5.15 2.20 7.15 0.00 1.69 Philippines 3.60 12.42 2.20 14.45 0.00 3.76 Sel. Mideast 7/ 1.22 2.31 3.28 5.85 0.00 0.95 Selected Other Brazil 0.84 8.00 0.63 7.35 0.95 1.17 C. Amer & Carib 8/ 0.69 1.59 1.62 3.28 0.04 0.57 Egypt 1.23 4.00 0.23 4.30 0.01 1.16 Japan 1.98 7.57 0.65 8.15 0.11 1.94 Mexico 0.17 0.20 0.81 0.96 0.02 0.20 South Korea 1.14 3.51 0.43 4.00 0.05 1.02 2021/22 Est. World 3/ 188.25 514.95 54.66 520.09 56.84 183.11 World Less China 71.75 365.96 48.72 363.73 54.77 70.11 United States 1.39 6.08 1.20 4.80 2.61 1.26 Total Foreign 186.86 508.87 53.47 515.29 54.24 181.85 Major Exporters 4/ 46.72 198.79 1.63 159.72 44.23 43.20 Burma 1.21 12.35 0.00 10.40 2.30 0.87 India 37.00 130.29 0.00 111.27 22.03 34.00 Pakistan 1.89 9.32 0.01 3.75 4.80 2.67 Thailand 3.98 19.88 0.13 12.80 7.90 3.28 Vietnam 2.64 26.94 1.50 21.50 7.20 2.38 Major Importers 5/ 128.23 241.99 22.43 263.06 2.53 127.06 China 116.50 148.99 5.95 156.36 2.08 113.00 European Union 6/ 0.68 1.72 2.43 3.50 0.41 0.92 Indonesia 3.06 34.40 0.75 35.30 0.00 2.91 Nigeria 1.69 5.26 2.45 7.35 0.00 2.05 Philippines 3.76 12.54 3.60 15.40 0.00 4.50 Sel. Mideast 7/ 0.95 2.15 4.29 6.10 0.00 1.29 Selected Other Brazil 1.17 7.34 0.85 7.20 1.30 0.86 C. Amer & Carib 8/ 0.57 1.63 1.69 3.26 0.04 0.60 Egypt 1.16 2.90 0.61 4.05 0.01 0.61 Japan 1.94 7.67 0.69 8.20 0.12 1.98 Mexico 0.20 0.18 0.75 0.97 0.01 0.16 South Korea 1.02 3.88 0.44 3.95 0.05 1.33 ================================================================================ WASDE - 632 - 25 January 2023 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 ================================================================================ 2022/23 Proj. World 3/ Dec 182.29 503.27 52.43 516.91 53.70 168.64 Jan 183.11 502.97 53.29 516.10 54.34 169.98 World Less China Dec 69.29 356.27 47.23 361.91 51.50 60.64 Jan 70.11 357.02 48.09 362.15 52.14 61.98 United States Dec 1.26 5.22 1.43 4.51 2.19 1.21 Jan 1.26 5.09 1.43 4.67 2.10 1.02 Total Foreign Dec 181.02 498.05 51.00 512.40 51.51 167.43 Jan 181.85 497.88 51.86 511.43 52.24 168.96 Major Exporters 4/ Dec 43.09 190.43 0.86 156.80 42.30 35.27 Jan 43.20 191.43 1.16 156.90 42.80 36.09 Burma Dec 0.87 12.50 0.00 10.30 2.40 0.67 Jan 0.87 12.50 0.00 10.30 2.40 0.67 India Dec 34.00 124.00 0.00 108.50 20.00 29.50 Jan 34.00 125.00 0.00 108.50 20.50 30.00 Pakistan Dec 2.55 6.60 0.01 3.70 4.00 1.46 Jan 2.67 6.60 0.01 3.80 4.00 1.48 Thailand Dec 3.58 20.10 0.15 12.80 8.50 2.53 Jan 3.28 20.10 0.15 12.80 8.50 2.23 Vietnam Dec 2.08 27.23 0.70 21.50 7.40 1.11 Jan 2.38 27.23 1.00 21.50 7.40 1.71 Major Importers 5/ Dec 126.90 239.33 20.60 262.75 2.64 121.44 Jan 127.06 238.28 20.95 261.92 2.64 121.72 China Dec 113.00 147.00 5.20 155.00 2.20 108.00 Jan 113.00 145.95 5.20 153.95 2.20 108.00 European Union 6/ Dec 0.92 1.29 2.65 3.55 0.40 0.91 Jan 0.92 1.29 2.65 3.55 0.40 0.91 Indonesia Dec 2.91 34.60 0.75 35.50 0.00 2.76 Jan 2.91 34.60 0.75 35.50 0.00 2.76 Nigeria Dec 2.00 5.04 2.20 7.45 0.00 1.79 Jan 2.05 5.04 2.20 7.45 0.00 1.84 Philippines Dec 4.50 12.41 3.40 15.60 0.00 4.71 Jan 4.50 12.41 3.60 15.75 0.00 4.76 Sel. Mideast 7/ Dec 1.19 2.24 4.10 6.25 0.00 1.28 Jan 1.29 2.24 4.15 6.33 0.00 1.36 Brazil Dec 0.26 7.24 0.85 7.20 0.90 0.24 Jan 0.86 7.24 0.85 7.20 1.10 0.64 C. Amer & Carib 8/ Dec 0.62 1.55 1.74 3.28 0.03 0.60 Jan 0.60 1.55 1.74 3.28 0.03 0.58 Egypt Dec 0.65 3.60 0.55 4.10 0.01 0.69 Jan 0.61 3.60 0.55 4.10 0.01 0.66 Japan Dec 1.98 7.45 0.69 8.20 0.12 1.79 Jan 1.98 7.45 0.69 8.20 0.12 1.79 Mexico Dec 0.16 0.19 0.80 0.98 0.01 0.15 Jan 0.16 0.18 0.80 0.97 0.01 0.15 South Korea Dec 1.33 3.76 0.42 4.00 0.06 1.46 Jan 1.33 3.76 0.42 4.00 0.06 1.46 ================================================================================ WASDE - 632 - 26 January 2023 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 World 98.41 111.49 48.69 123.19 48.73 -0.06 86.73 World Less China 62.06 81.89 35.83 82.19 48.72 -0.06 48.94 United States 7.25 14.61 3/ 2.40 16.35 -0.04 3.15 Total Foreign 91.16 96.88 48.69 120.79 32.37 -0.02 83.58 Major Exporters 4/ 40.39 53.81 1.61 34.93 27.87 -0.08 33.09 Central Asia 5/ 3.96 5.48 0.03 4.14 2.03 0.00 3.29 Afr. Fr. Zone 6/ 2.50 4.84 3/ 0.10 5.49 0.00 1.74 S. Hemis. 7/ 17.64 15.55 0.14 4.04 13.60 -0.09 15.78 Australia 1.20 2.80 3/ 0.01 1.58 -0.10 2.51 Brazil 14.40 10.82 0.01 3.10 11.01 0.00 11.12 India 15.68 27.60 0.84 26.00 6.19 0.00 11.94 Major Importers 8/ 48.28 39.87 44.66 81.78 3.10 0.06 47.87 Mexico 0.71 1.02 0.93 1.70 0.49 0.02 0.45 China 36.34 29.60 12.86 41.00 0.01 0.00 37.79 European Union 9/ 0.66 1.69 0.56 0.59 1.96 0.00 0.37 Turkey 2.77 2.90 5.33 7.70 0.59 0.00 2.71 Pakistan 3.12 4.50 5.40 10.80 0.03 0.03 2.17 Indonesia 0.64 3/ 2.31 2.45 0.01 0.00 0.50 Thailand 0.10 3/ 0.60 0.61 0.00 0.01 0.08 Bangladesh 2.52 0.15 8.30 8.50 0.00 0.01 2.45 Vietnam 1.10 3/ 7.29 7.30 0.00 0.00 1.09 2021/22 Est. World 86.73 115.72 42.89 117.50 42.86 -0.37 85.34 World Less China 48.94 88.92 35.05 82.50 42.74 -0.37 48.03 United States 3.15 17.52 0.01 2.55 14.62 -0.24 3.75 Total Foreign 83.58 98.19 42.88 114.95 28.24 -0.12 81.59 Major Exporters 4/ 33.09 55.29 1.79 34.21 24.03 -0.18 32.11 Central Asia 5/ 3.29 4.95 0.06 4.16 1.48 0.00 2.66 Afr. Fr. Zone 6/ 1.74 5.98 3/ 0.10 6.01 -0.01 1.61 S. Hemis. 7/ 15.78 19.55 0.16 4.33 12.43 -0.18 18.91 Australia 2.51 5.75 3/ 0.01 3.58 -0.19 4.86 Brazil 11.12 11.72 0.02 3.30 7.73 0.00 11.84 India 11.94 24.40 1.00 25.00 3.74 0.00 8.60 Major Importers 8/ 47.87 39.66 38.69 76.48 2.93 0.06 46.75 Mexico 0.45 1.22 0.96 1.85 0.40 0.01 0.37 China 37.79 26.80 7.84 35.00 0.12 0.00 37.31 European Union 9/ 0.37 1.68 0.64 0.62 1.77 0.00 0.30 Turkey 2.71 3.80 5.52 8.70 0.57 0.00 2.77 Pakistan 2.17 6.00 4.50 10.70 0.05 0.03 1.89 Indonesia 0.50 3/ 2.58 2.60 0.01 0.00 0.46 Thailand 0.08 3/ 0.75 0.73 0.00 0.01 0.10 Bangladesh 2.45 0.15 8.20 8.50 0.00 0.01 2.29 Vietnam 1.09 3/ 6.63 6.70 0.00 0.00 1.02 ================================================================================ WASDE - 632 - 27 January 2023 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2022/23 Proj. World Dec 85.44 115.73 42.27 111.70 42.25 -0.07 89.56 Jan 85.34 115.40 41.63 110.85 41.66 -0.08 89.93 World Less China Dec 48.13 87.73 34.27 76.20 42.13 -0.07 51.87 Jan 48.03 87.40 33.88 75.35 41.53 -0.08 52.49 United States Dec 3.75 14.24 0.01 2.20 12.25 0.05 3.50 Jan 3.75 14.68 0.01 2.20 12.00 0.04 4.20 Total Foreign Dec 81.69 101.49 42.27 109.50 30.00 -0.12 86.06 Jan 81.59 100.72 41.62 108.65 29.66 -0.12 85.73 Major Exporters 4/ Dec 32.21 58.49 2.40 31.66 25.86 -0.17 35.75 Jan 32.11 57.74 2.45 31.16 25.54 -0.17 35.78 Central Asia 5/ Dec 2.66 5.00 0.08 3.77 1.47 0.00 2.50 Jan 2.66 5.00 0.08 3.77 1.47 0.00 2.50 Afr. Fr. Zone 6/ Dec 1.61 5.42 3/ 0.10 5.19 0.00 1.74 Jan 1.61 5.42 3/ 0.10 5.19 0.00 1.74 S. Hemis. 7/ Dec 19.01 20.03 0.15 4.18 15.36 -0.18 19.84 Jan 18.91 20.28 0.15 4.18 15.28 -0.18 20.06 Australia Dec 4.86 5.00 3/ 0.01 5.90 -0.19 4.14 Jan 4.86 5.00 3/ 0.01 5.90 -0.19 4.14 Brazil Dec 11.94 13.00 0.02 3.20 8.30 0.00 13.45 Jan 11.84 13.30 0.02 3.20 8.30 0.00 13.65 India Dec 8.60 27.50 1.65 23.00 3.35 0.00 11.40 Jan 8.60 26.50 1.70 22.50 3.10 0.00 11.20 Major Importers 8/ Dec 46.75 39.74 37.60 73.75 2.87 0.06 47.41 Jan 46.75 39.74 36.90 73.41 2.87 0.06 47.06 Mexico Dec 0.37 1.40 1.00 1.80 0.50 0.01 0.46 Jan 0.37 1.40 1.00 1.80 0.50 0.01 0.46 China Dec 37.31 28.00 8.00 35.50 0.13 0.00 37.69 Jan 37.31 28.00 7.75 35.50 0.13 0.00 37.44 European Union 9/ Dec 0.30 1.58 0.56 0.58 1.51 0.00 0.34 Jan 0.30 1.58 0.56 0.58 1.51 0.00 0.34 Turkey Dec 2.77 4.90 4.30 8.00 0.70 0.00 3.27 Jan 2.77 4.90 4.30 8.00 0.70 0.00 3.27 Pakistan Dec 1.89 3.70 5.00 9.00 0.03 0.03 1.54 Jan 1.89 3.70 5.00 9.00 0.03 0.03 1.54 Indonesia Dec 0.46 3/ 2.45 2.45 0.01 0.00 0.46 Jan 0.46 3/ 2.20 2.20 0.01 0.00 0.46 Thailand Dec 0.10 3/ 0.70 0.70 0.00 0.01 0.09 Jan 0.10 3/ 0.70 0.70 0.00 0.01 0.09 Bangladesh Dec 2.29 0.16 8.00 8.20 0.00 0.01 2.24 Jan 2.29 0.16 8.00 8.20 0.00 0.01 2.24 Vietnam Dec 1.02 3/ 6.60 6.50 0.00 0.00 1.13 Jan 1.02 3/ 6.40 6.40 0.00 0.00 1.03 ================================================================================ WASDE - 632 - 28 January 2023 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2020/21 World 2/ 94.73 368.52 165.55 315.44 363.77 164.99 100.03 World Less China 70.12 348.92 65.81 222.44 251.03 164.92 68.89 United States 14.28 114.75 0.54 58.26 60.91 61.67 6.99 Total Foreign 80.46 253.77 165.01 257.19 302.87 103.33 93.04 Major Exporters 3/ 47.42 197.39 5.92 90.21 100.84 94.95 54.94 Argentina 26.65 46.20 4.82 40.16 47.41 5.20 25.06 Brazil 20.42 139.50 1.02 46.68 49.88 81.65 29.40 Paraguay 0.33 9.90 0.02 3.30 3.47 6.33 0.45 Major Importers 4/ 27.98 23.25 133.39 122.10 149.80 0.27 34.56 China 24.61 19.60 99.74 93.00 112.74 0.07 31.15 European Union 1.72 2.60 14.79 15.80 17.36 0.19 1.56 Southeast Asia 0.98 0.59 9.68 4.74 10.04 0.01 1.20 Mexico 0.37 0.25 6.10 6.20 6.25 0.00 0.46 2021/22 Est. World 2/ 100.03 358.10 157.13 314.19 363.16 153.89 98.22 World Less China 68.89 341.71 65.56 226.69 255.56 153.79 66.81 United States 6.99 121.53 0.43 59.98 62.77 58.72 7.47 Total Foreign 93.04 236.57 156.69 254.22 300.39 95.17 90.75 Major Exporters 3/ 54.94 180.67 4.44 91.35 101.89 87.25 50.90 Argentina 25.06 43.90 3.84 38.83 46.04 2.86 23.90 Brazil 29.40 129.50 0.54 50.25 53.50 79.14 26.81 Paraguay 0.45 4.20 0.05 2.20 2.28 2.25 0.18 Major Importers 4/ 34.56 20.16 123.85 116.28 143.88 0.42 34.26 China 31.15 16.40 91.57 87.50 107.60 0.10 31.40 European Union 1.56 2.71 14.55 15.40 16.97 0.29 1.55 Southeast Asia 1.20 0.53 8.32 4.45 9.27 0.02 0.75 Mexico 0.46 0.29 5.96 6.35 6.40 0.00 0.30 2022/23 Proj. World 2/ Dec 95.59 391.17 166.21 329.32 380.88 169.38 102.71 Jan 98.22 388.01 164.32 327.32 379.49 167.53 103.52 World Less China Dec 63.80 372.77 68.21 233.32 264.29 169.28 71.21 Jan 66.81 367.68 68.32 232.32 263.19 167.43 72.19 United States Dec 7.45 118.27 0.41 61.10 64.48 55.66 5.99 Jan 7.47 116.38 0.41 61.10 64.37 54.16 5.72 Total Foreign Dec 88.14 272.90 165.80 268.22 316.40 113.72 96.72 Jan 90.75 271.63 163.91 266.22 315.12 113.37 97.80 Major Exporters 3/ Dec 47.85 214.00 5.57 95.33 106.36 105.28 55.79 Jan 50.90 210.80 5.77 94.33 105.36 104.73 57.39 Argentina Dec 23.90 49.50 4.80 39.75 47.00 7.70 23.50 Jan 23.90 45.50 5.00 38.00 45.25 5.70 23.45 Brazil Dec 23.81 152.00 0.75 51.75 55.35 89.50 31.71 Jan 26.81 153.00 0.75 52.50 56.10 91.00 33.46 Paraguay Dec 0.13 10.00 0.01 3.75 3.93 5.65 0.56 Jan 0.18 10.00 0.01 3.75 3.93 5.80 0.46 Major Importers 4/ Dec 34.65 21.82 132.03 124.80 153.43 0.37 34.70 Jan 34.26 23.75 130.03 123.80 153.14 0.37 34.53 China Dec 31.79 18.40 98.00 96.00 116.59 0.10 31.50 Jan 31.40 20.33 96.00 95.00 116.30 0.10 31.33 European Union Dec 1.55 2.47 14.40 14.90 16.48 0.25 1.69 Jan 1.55 2.47 14.40 14.90 16.48 0.25 1.69 Southeast Asia Dec 0.75 0.50 9.88 4.85 10.20 0.02 0.92 Jan 0.75 0.50 9.88 4.85 10.20 0.02 0.92 Mexico Dec 0.30 0.23 6.40 6.55 6.60 0.00 0.33 Jan 0.30 0.23 6.40 6.55 6.60 0.00 0.33 ================================================================================ WASDE - 632 - 29 January 2023 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2020/21 World 2/ 15.54 247.82 64.07 244.11 68.98 14.34 World Less China 15.54 174.16 64.00 171.43 67.92 14.34 United States 0.31 45.87 0.71 34.18 12.41 0.31 Total Foreign 15.23 201.95 63.36 209.93 56.57 14.04 Major Exporters 3/ 6.76 75.10 0.26 28.53 46.93 6.66 Argentina 2.57 31.32 0.00 3.28 28.33 2.29 Brazil 3.77 36.18 0.02 19.20 16.58 4.20 India 0.42 7.60 0.24 6.05 2.03 0.18 Major Importers 4/ 2.63 22.86 37.25 59.63 1.12 2.00 European Union 0.79 12.48 16.51 28.39 0.85 0.55 Mexico 0.18 4.90 1.85 6.73 0.01 0.20 Southeast Asia 5/ 1.48 3.69 17.05 20.86 0.27 1.10 China 0.00 73.66 0.07 72.68 1.05 0.00 2021/22 Est. World 2/ 14.34 246.57 65.23 243.97 68.19 13.99 World Less China 14.34 177.27 65.18 175.09 67.71 13.99 United States 0.31 47.00 0.59 35.35 12.27 0.28 Total Foreign 14.04 199.57 64.65 208.62 55.92 13.71 Major Exporters 3/ 6.66 76.84 0.79 29.90 47.46 6.94 Argentina 2.29 30.29 0.14 3.33 26.59 2.80 Brazil 4.20 38.95 0.01 19.55 20.21 3.40 India 0.18 7.60 0.65 7.02 0.66 0.74 Major Importers 4/ 2.00 22.60 37.93 59.78 1.13 1.64 European Union 0.55 12.17 16.84 28.14 0.77 0.64 Mexico 0.20 5.02 1.83 6.88 0.02 0.15 Southeast Asia 5/ 1.10 3.47 17.57 21.06 0.34 0.74 China 0.00 69.30 0.06 68.87 0.48 0.00 2022/23 Proj. World 2/ Dec 14.04 258.50 65.64 253.32 70.09 14.76 Jan 13.99 256.93 65.45 252.51 69.74 14.12 World Less China Dec 14.04 182.47 65.59 178.24 69.09 14.76 Jan 13.99 181.69 65.40 177.82 69.14 14.12 United States Dec 0.28 47.94 0.54 36.02 12.43 0.32 Jan 0.28 47.94 0.54 36.02 12.43 0.32 Total Foreign Dec 13.75 210.56 65.09 217.31 57.66 14.45 Jan 13.71 208.99 64.91 216.50 57.31 13.80 Major Exporters 3/ Dec 7.16 79.11 0.12 30.63 48.40 7.36 Jan 6.94 78.24 0.12 30.15 48.40 6.75 Argentina Dec 2.80 31.01 0.00 3.40 27.60 2.80 Jan 2.80 29.64 0.00 3.35 26.50 2.59 Brazil Dec 3.62 40.10 0.02 20.20 19.60 3.94 Jan 3.40 40.68 0.02 19.85 20.70 3.55 India Dec 0.74 8.00 0.10 7.03 1.20 0.62 Jan 0.74 7.92 0.10 6.95 1.20 0.62 Major Importers 4/ Dec 1.66 22.62 38.50 59.86 1.12 1.80 Jan 1.64 22.62 38.40 59.82 1.12 1.72 European Union Dec 0.64 11.77 16.80 27.84 0.80 0.57 Jan 0.64 11.77 16.70 27.74 0.80 0.57 Mexico Dec 0.18 5.18 1.85 6.95 0.01 0.24 Jan 0.15 5.18 1.85 6.95 0.01 0.22 Southeast Asia 5/ Dec 0.74 3.79 18.00 21.38 0.31 0.84 Jan 0.74 3.79 18.00 21.44 0.31 0.78 China Dec 0.00 76.03 0.05 75.08 1.00 0.00 Jan 0.00 75.24 0.05 74.69 0.60 0.00 ================================================================================ WASDE - 632 - 30 January 2023 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2020/21 World 2/ 5.38 59.23 11.71 58.42 12.61 5.29 World Less China 4.60 42.57 10.48 40.82 12.57 4.26 United States 0.84 11.35 0.14 10.58 0.79 0.97 Total Foreign 4.54 47.88 11.58 47.84 11.83 4.33 Major Exporters 3/ 1.54 20.54 0.75 12.48 9.02 1.33 Argentina 0.55 7.93 0.00 2.04 6.14 0.30 Brazil 0.48 8.99 0.25 7.95 1.26 0.50 European Union 0.44 3.00 0.49 2.43 1.06 0.44 Major Importers 4/ 1.59 19.87 6.77 26.36 0.21 1.67 China 0.78 16.67 1.23 17.60 0.04 1.03 India 0.14 1.71 3.25 4.95 0.01 0.13 North Africa 5/ 0.43 0.99 1.63 2.60 0.13 0.33 2021/22 Est. World 2/ 5.29 59.26 11.46 59.30 12.15 4.56 World Less China 4.26 43.58 11.17 42.65 12.04 4.32 United States 0.97 11.86 0.14 11.26 0.80 0.90 Total Foreign 4.33 47.40 11.32 48.04 11.35 3.66 Major Exporters 3/ 1.33 20.68 0.59 12.58 8.63 1.38 Argentina 0.30 7.66 0.09 2.66 4.87 0.52 Brazil 0.50 9.67 0.03 7.45 2.41 0.35 European Union 0.44 2.93 0.46 2.41 0.97 0.46 Major Importers 4/ 1.67 19.11 6.57 26.25 0.28 0.82 China 1.03 15.68 0.29 16.65 0.11 0.24 India 0.13 1.71 4.23 5.83 0.02 0.24 North Africa 5/ 0.33 1.22 1.41 2.55 0.13 0.26 2022/23 Proj. World 2/ Dec 4.56 61.88 11.56 60.51 12.62 4.87 Jan 4.56 61.49 11.35 60.32 12.28 4.80 World Less China Dec 4.32 44.67 10.56 42.71 12.53 4.31 Jan 4.32 44.47 10.35 42.67 12.19 4.28 United States Dec 0.90 11.93 0.14 11.61 0.50 0.86 Jan 0.90 11.93 0.14 11.75 0.36 0.86 Total Foreign Dec 3.66 49.94 11.42 48.90 12.12 4.00 Jan 3.66 49.56 11.21 48.58 11.92 3.94 Major Exporters 3/ Dec 1.39 21.37 0.58 12.63 9.33 1.38 Jan 1.38 21.17 0.58 12.64 9.18 1.32 Argentina Dec 0.52 7.86 0.00 2.38 5.50 0.50 Jan 0.52 7.51 0.00 2.34 5.25 0.44 Brazil Dec 0.36 9.97 0.08 7.83 2.15 0.43 Jan 0.35 10.11 0.08 7.90 2.25 0.39 European Union Dec 0.46 2.83 0.50 2.36 1.08 0.36 Jan 0.46 2.83 0.50 2.33 1.08 0.38 Major Importers 4/ Dec 0.82 20.72 6.65 26.87 0.21 1.11 Jan 0.82 20.52 6.45 26.50 0.21 1.08 China Dec 0.24 17.20 1.00 17.80 0.09 0.55 Jan 0.24 17.02 1.00 17.65 0.09 0.52 India Dec 0.24 1.80 3.35 5.20 0.02 0.17 Jan 0.24 1.78 3.15 4.98 0.02 0.17 North Africa 5/ Dec 0.26 1.19 1.55 2.62 0.11 0.28 Jan 0.26 1.19 1.55 2.62 0.11 0.28 ================================================================================ WASDE - 632 - 31 January 2023 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 2021 Annual 27948 27675 55815 44899 5558 50995 106810 9238 226.3 2022 I 7022 6904 13972 11170 1374 12678 26650 2295 56.3 II 7069 6639 13755 11279 1275 12698 26453 2207 57.8 III 7147 6533 13725 11896 1264 13311 27037 2246 56.5 IV 7065 6920 14031 11900 1310 13340 27371 2275 56.2 DecProj. 28417 27061 55664 46095 5213 51867 107531 9033 227.0 Jan Est. 28302 26996 55482 46245 5223 52027 107509 9023 226.8 2023 I* 6690 7040 13775 11475 1335 12935 26710 2280 57.1 II* 6685 6575 13305 11575 1380 13090 26395 2325 58.5 III* 6530 6650 13225 12050 1420 13610 26835 2375 56.9 IV* 6540 7215 13803 11800 1425 13350 27153 2430 56.7 DecProj. 26275 27345 53803 46925 5550 53005 106808 9465 229.5 JanProj. 26445 27480 54108 46900 5560 52985 107093 9410 229.2 ================================================================================ 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 2021 Annual 122.40 67.29 101.2 122.8 118.5 18.53 2022 I 139.25 65.55 135.1 131.4 170.8 24.93 II 141.93 75.58 167.5 143.9 251.6 27.10 III 143.42 80.20 136.1 165.4 295.6 24.80 IV 152.99 63.49 123.5 177.5 411.7 25.40 DecProj. 144.15 71.33 140.9 154.7 278.3 25.65 Jan Est. 144.40 71.21 140.5 154.5 282.4 25.55 2023 I* 157.00 63.00 127.0 165.0 285.0 22.55 II* 157.00 72.00 130.0 160.0 195.0 21.20 III* 157.00 73.00 128.0 155.0 165.0 20.70 IV* 162.00 64.00 129.0 160.0 175.0 22.00 DecProj. 156 67 131 153 194 22.70 JanProj. 158.5 68.0 128.5 160.0 205.0 21.60 ================================================================================ WASDE - 632 - 32 January 2023 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 2021 716 28016 3346 32078 3441 676 27962 58.9 2022 Est. Dec 676 28485 3376 32537 3562 700 28275 59.4 Jan 676 28370 3376 32422 3542 700 28180 59.2 2023 Proj. Dec 700 26343 3350 30393 3090 640 26663 55.8 Jan 700 26513 3400 30613 3090 640 26883 56.3 Pork 2021 467 27690 1180 29337 7026 446 21865 51.1 2022 Est. Dec 446 27075 1399 28920 6334 520 22066 51.4 Jan 446 27010 1344 28800 6334 500 21966 51.2 2023 Proj. Dec 520 27360 1400 29280 6280 570 22430 52.1 Jan 500 27495 1005 29000 6350 515 22135 51.4 TotalRed Meat5/ 2021 1217 55906 4890 62014 10470 1147 50397 111.5 2022 Est. Dec 1147 55756 5135 62038 9901 1248 50890 112.3 Jan 1147 55574 5075 61796 9881 1230 50685 111.8 2023 Proj. Dec 1248 53895 5115 60258 9374 1237 49647 109.4 Jan 1230 54200 4770 60199 9444 1181 49574 109.2 Broiler 2021 830 44419 155 45403 7355 705 37343 96.6 2022 Est. Dec 705 45602 187 46493 7262 840 38391 99.0 Jan 705 45750 179 46634 7282 850 38502 99.3 2023 Proj. Dec 840 46423 180 47443 7345 830 39268 100.9 Jan 850 46398 180 47428 7315 830 39283 100.9 Turkey 2021 223 5558 22 5804 548 166 5090 15.3 2022 Est. Dec 166 5213 91 5470 417 165 4887 14.7 Jan 166 5223 88 5477 405 165 4906 14.7 2023 Proj. Dec 165 5550 120 5835 425 170 5240 15.7 Jan 165 5560 120 5845 400 170 5275 15.8 Total Poultry6/ 2021 1057 50514 180 51751 7947 874 42930 113.4 2022 Est. Dec 874 51373 285 52532 7710 1009 43814 115.3 Jan 874 51532 274 52680 7718 1019 43943 115.6 2023 Proj. Dec 1009 52502 306 53817 7794 1004 45019 118.1 Jan 1019 52483 306 53808 7739 1004 45065 118.2 RedMeat& Poultry 2021 2274 106420 5070 113765 18418 2021 93327 224.9 2022 Est. Dec 2021 107129 5420 114570 17610 2257 94703 227.5 Jan 2021 107106 5349 114476 17599 2249 94628 227.4 2023 Proj. Dec 2257 106397 5421 114075 17168 2241 94667 227.5 Jan 2249 106682 5076 114007 17183 2185 94639 227.4 ================================================================================ WASDE - 632 - 33 January 2023 U.S. Egg Supply and Use ================================================================================ 2020 2021 2022Proj. 2022 Est. 2023Proj. 2023Proj. Commodity Dec Jan Dec Jan ================================================================================ Million Dozen Eggs Supply BeginningStocks 31.6 24.5 19.1 19.1 20.5 19.0 Production 9291.8 9237.8 9032.8 9022.8 9465.0 9410.0 Imports 15.5 18.2 22.0 24.2 19.5 20.5 Total Supply 9338.9 9280.5 9074.0 9066.2 9505.0 9449.5 Use Exports 344.0 392.2 226.8 223.8 265.0 240.0 Hatching Use 1078.5 1103.9 1119.0 1119.0 1150.0 1150.0 Ending Stocks 24.5 19.1 20.5 19.0 21.0 20.0 Disappearance Total 7891.8 7765.3 7707.7 7704.4 8069.0 8039.5 Per Capita (number) 285.5 280.5 277.7 277.5 289.7 288.6 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2020 2021 2022Proj. 2022 Est. 2023Proj. 2023Proj. Commodity Dec Jan Dec Jan ================================================================================ Billion Pounds Milk Production 223.3 226.3 227.0 226.8 229.5 229.2 Farm Use 1.1 1.0 1.1 1.1 1.1 1.1 FatBasisSupply BeginningStocks 13.6 15.6 14.3 14.3 14.0 13.9 Marketings 222.2 225.2 225.9 225.8 228.5 228.2 Imports 6.8 6.5 7.3 7.3 7.2 7.2 Total Supply 242.6 247.4 247.6 247.4 249.6 249.2 FatBasisUse Exports 9.3 11.5 13.5 13.6 13.0 13.3 Ending Stocks 15.6 14.3 14.0 13.9 14.7 14.7 Domestic Use 217.8 221.5 220.1 219.8 222.0 221.3 Skim-solidBasisSupply BeginningStocks 10.2 10.9 11.1 11.1 11.1 11.6 Marketings 222.2 225.2 225.9 225.8 228.5 228.2 Imports 5.6 5.8 6.5 6.6 6.1 6.3 Total Supply 238.0 241.9 243.5 243.4 245.7 246.1 Skim-solidBasisUse Exports 47.2 50.8 52.4 52.6 52.3 52.6 Ending Stocks 10.9 11.1 11.1 11.6 11.2 11.5 Domestic Use 179.9 180.0 180.0 179.3 182.2 182.0 ================================================================================ WASDE - 632 - 34 January 2023 U.S. Dairy Prices ================================================================================ Commod- 2020 2021 2022 Proj. 2022 Est. 2023 Proj. 2023 Proj. ity Dec Jan Dec Jan ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.9236 1.6755 2.110 2.1122 1.995 1.930 Butter 1.5808 1.7325 2.875 2.8665 2.465 2.330 Nonfat Dry Milk 1.0417 1.2693 1.680 1.6851 1.375 1.340 Dry Whey 0.3621 0.5744 0.605 0.6035 0.465 0.415 Milk Prices 2/ Dollars Per Cwt ClassIII 18.16 17.08 21.95 21.94 19.80 18.85 Class IV 13.49 16.09 24.50 24.47 20.10 19.25 All Milk 3/ 18.13 18.53 25.65 25.55 22.70 21.60 ================================================================================ WASDE - 632 - 35 January 2023 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 31 9 U.S. 0.2 0.3 0.1 0.0 0.3 18 11 Foreign 0.7 1.3 3.0 0.1 8.3 30 10 Exports World 5.2 8.8 5.4 0.1 18.4 31 9 U.S. 5.0 8.5 1.3 0.1 3.9 21 19 Foreign 6.2 10.6 5.2 0.3 18.0 33 7 Domestic Use World 1.2 2.1 5.7 0.1 22.7 24 16 U.S. 4.6 7.7 1.1 0.0 3.0 11 28 Foreign 1.3 2.2 5.7 0.6 23.6 26 14 Ending Stocks World 5.0 8.5 6.6 0.2 25.2 27 13 U.S. 8.7 14.8 1.5 0.0 4.6 25 14 Foreign 5.4 9.2 5.8 0.1 25.5 27 13 COARSE GRAINS 2/ Production World 1.3 2.3 11.3 0.0 37.7 29 11 U.S. 0.4 0.7 0.4 0.0 4.6 17 10 Foreign 1.9 3.2 11.2 0.0 37.6 28 12 Exports World 6.3 10.7 6.2 0.2 31.9 29 11 U.S. 11.6 19.7 4.6 0.2 13.3 21 19 Foreign 10.8 18.3 6.1 0.4 26.8 26 14 Domestic Use World 1.1 1.9 8.5 0.0 36.2 21 19 U.S. 2.9 5.0 3.9 0.1 18.8 18 22 Foreign 1.4 2.3 8.6 0.1 36.2 27 13 Ending Stocks World 10.8 18.3 14.4 0.6 136.0 34 6 U.S. 15.3 26.0 5.7 0.0 24.3 20 19 Foreign 13.8 23.4 13.1 0.1 143.4 33 7 RICE, milled Production World 1.6 2.7 4.8 0.0 13.9 33 6 U.S. 1.6 2.7 0.1 0.0 0.3 13 7 Foreign 1.6 2.8 4.8 0.1 13.9 34 6 Exports World 9.1 15.4 1.9 0.0 6.6 30 10 U.S. 7.4 12.6 0.2 0.0 0.6 19 18 Foreign 10.1 17.1 1.9 0.0 6.3 29 11 Domestic Use World 1.3 2.3 3.5 0.0 13.9 28 12 U.S. 7.6 13.0 0.2 0.0 0.5 18 22 Foreign 1.4 2.3 3.4 0.0 13.6 29 11 Ending Stocks World 9.3 15.7 5.1 0.5 26.6 33 7 U.S. 20.2 34.2 0.2 0.0 0.6 22 15 Foreign 9.5 16.0 5.1 0.2 26.5 33 7 ================================================================================ WASDE - 632 - 36 January 2023 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 5.3 0.0 22.4 22 18 U.S. 1.4 2.3 0.7 0.0 2.5 18 17 Foreign 5.7 9.7 5.4 0.2 22.6 22 18 Exports World 6.9 11.7 3.7 0.1 16.7 25 15 U.S. 7.9 13.4 1.9 0.1 6.7 24 16 Foreign 17.3 29.3 3.6 0.0 19.7 19 21 Domestic Use World 2.6 4.4 3.9 0.1 13.0 21 19 U.S. 3.3 5.5 1.2 0.0 3.6 25 15 Foreign 3.2 5.4 3.6 0.2 12.7 22 18 Ending Stocks World 14.3 24.3 4.3 0.1 18.7 22 18 U.S. 41.7 70.8 2.0 0.1 6.6 10 30 Foreign 16.3 27.7 4.0 0.1 17.2 27 13 COTTON Production World 2.6 4.4 2.0 0.0 5.4 25 14 U.S. 1.1 1.8 0.1 0.0 0.3 14 25 Foreign 3.1 5.3 2.0 0.0 5.7 27 12 Exports World 6.6 11.3 1.9 0.1 8.8 22 18 U.S. 10.9 18.5 0.8 0.0 2.7 25 15 Foreign 8.2 14.0 1.4 0.0 8.1 23 17 Domestic Use World 3.9 6.7 2.6 0.3 18.2 21 19 U.S. 8.2 13.9 0.3 0.0 0.9 20 17 Foreign 3.9 6.7 2.5 0.4 17.3 22 18 Ending Stocks World 10.2 17.3 4.2 0.1 20.0 25 15 U.S. 25.5 43.3 0.9 0.2 2.4 12 28 Foreign 10.8 18.4 4.0 0.1 18.2 27 13 ================================================================================ WASDE - 632 - 37 January 2023 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 14 0 148 4 5 Exports 12.2 20.7 164 3 513 20 20 Domestic Use 2.9 4.9 139 6 574 19 21 Ending Stocks 17.1 29.0 224 1 986 21 19 SORGHUM Production 1.0 1.7 2 0 53 1 3 Exports 17.0 28.8 29 0 97 25 13 Domestic Use 18.6 31.6 35 1 148 19 21 Ending Stocks 45.1 76.5 23 1 98 14 26 BARLEY Production 1.0 1.6 2 0 11 19 4 Exports 25.4 43.1 7 0 37 14 23 Domestic Use 7.5 12.7 15 0 70 16 21 Ending Stocks 13.8 23.4 11 1 52 24 16 OATS Production 0.4 0.7 0 0 2 5 4 Exports 64.0 108.6 1 0 7 10 10 Domestic Use 5.1 8.6 11 0 39 17 22 Ending Stocks 17.3 29.3 12 1 47 24 16 Thousand Short Tons SOYBEAN MEAL Production 3.2 5.5 942 15 3117 26 14 Exports 10.1 17.1 667 1 2626 28 12 Domestic Use 2.8 4.8 658 34 2066 21 19 Ending Stocks 34.1 57.8 66 0 253 15 23 Million Pounds SOYBEAN OIL Production 3.1 5.3 431 7 1418 28 12 Exports 25.6 43.4 337 0 1325 23 15 Domestic Use 3.5 5.9 433 25 1628 25 15 Ending Stocks 20.2 34.4 293 25 1206 27 13 ANIMAL PROD. 3/ Million Pounds Beef 3.4 5.8 722 9 2111 26 13 Pork 3.1 5.2 417 5 1717 19 20 Broilers 1.7 2.8 385 24 1011 24 15 Turkeys 3.2 5.4 132 2 427 18 21 Million Dozen Eggs 2.0 3.5 115 4 525 23 16 Billion Pounds Milk 1.5 2.5 1.8 0.0 5.7 20 18 ================================================================================