WASDE - 633 - 8 February 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 2725.36 3543.42 488.10 2741.97 801.44 2021/22 (Est.) 2796.48 3597.93 511.67 2804.28 793.65 2022/23 (Proj.) Jan 2730.64 3523.66 484.77 2762.97 760.69 Feb 2729.54 3523.20 488.24 2763.20 760.00 Wheat 2020/21 774.55 1072.77 203.33 782.71 290.06 2021/22 (Est.) 779.33 1069.39 202.86 792.69 276.70 2022/23 (Proj.) Jan 781.31 1058.13 211.62 789.74 268.39 Feb 783.80 1060.50 212.95 791.16 269.34 Coarse Grains 5/ 2020/21 1441.49 1778.77 233.60 1455.83 322.94 2021/22 (Est.) 1502.36 1825.30 252.12 1491.69 333.61 2022/23 (Proj.) Jan 1446.36 1779.45 218.81 1457.13 322.32 Feb 1442.77 1776.38 221.24 1454.85 321.53 Rice, milled 2020/21 509.33 691.88 51.16 503.44 188.44 2021/22 (Est.) 514.80 703.24 56.70 519.89 183.34 2022/23 (Proj.) Jan 502.97 686.08 54.34 516.10 169.98 Feb 502.98 686.32 54.05 517.19 169.13 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.) Jan 408.46 474.49 74.77 349.26 50.46 Feb 408.46 474.41 74.39 348.85 51.18 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.) Jan 44.90 67.18 21.09 30.65 15.44 Feb 44.90 67.18 21.09 30.62 15.47 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.) Jan 358.47 399.53 51.58 313.95 34.00 Feb 358.47 399.55 51.33 313.56 34.66 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.) Jan 5.09 7.78 2.10 4.67 1.02 Feb 5.09 7.69 1.97 4.67 1.05 ================================================================================ WASDE - 633 - 9 February 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 2295.50 3026.55 380.87 2390.73 743.04 2021/22 (Est.) 2347.89 3084.55 416.83 2443.60 735.80 2022/23 (Proj.) Jan 2322.18 3049.17 410.00 2413.71 710.23 Feb 2321.08 3048.78 413.85 2414.35 708.82 Wheat 2020/21 724.80 992.31 176.29 752.30 267.06 2021/22 (Est.) 734.53 998.99 181.08 763.08 257.69 2022/23 (Proj.) Jan 736.41 990.95 190.53 759.09 252.95 Feb 738.90 993.32 191.85 760.55 253.87 Coarse Grains 5/ 2020/21 1068.60 1351.58 156.39 1139.86 288.93 2021/22 (Est.) 1104.65 1390.99 181.66 1165.42 296.03 2022/23 (Proj.) Jan 1087.89 1379.92 167.23 1143.18 288.32 Feb 1084.30 1376.83 169.91 1141.29 286.87 Rice, milled 2020/21 502.10 682.66 48.19 498.58 187.05 2021/22 (Est.) 508.71 694.57 54.09 515.10 182.08 2022/23 (Proj.) Jan 497.88 678.30 52.24 511.43 168.96 Feb 497.88 678.63 52.08 512.52 168.08 ================================================================================ 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 48.78 123.18 86.70 2021/22 (Est.) 115.71 202.41 42.86 117.34 85.24 2022/23 (Proj.) Jan 115.40 200.74 41.66 110.85 89.93 Feb 114.37 199.61 40.38 110.66 89.08 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.) Jan 14.68 18.44 12.00 2.20 4.20 Feb 14.68 18.44 12.00 2.10 4.30 Foreign 4/ 2020/21 96.89 188.04 32.42 120.78 83.55 2021/22 (Est.) 98.19 181.73 28.24 114.79 81.49 2022/23 (Proj.) Jan 100.72 182.30 29.66 108.65 85.73 Feb 99.69 181.17 28.38 108.56 84.78 ================================================================================ WASDE - 633 - 10 February 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 2020/21 607.76 719.51 192.03 508.91 115.37 2021/22 (Est.) 606.79 722.16 178.64 509.33 117.52 2022/23 (Proj.) Jan 641.94 759.04 196.97 532.52 122.18 Feb 636.72 754.24 198.03 529.54 119.18 Oilmeals 2020/21 348.91 368.93 97.37 345.02 18.33 2021/22 (Est.) 348.57 366.89 95.98 345.58 17.77 2022/23 (Proj.) Jan 364.39 382.07 97.66 358.75 18.25 Feb 362.06 379.83 97.64 357.49 17.63 Vegetable Oils 2020/21 206.70 236.68 85.40 204.63 28.50 2021/22 (Est.) 208.48 236.98 79.09 203.91 29.38 2022/23 (Proj.) Jan 217.62 247.01 87.32 213.07 29.60 Feb 217.58 246.95 87.95 212.91 29.94 United States Oilseeds 2020/21 124.52 141.69 62.78 62.66 8.64 2021/22 (Est.) 131.35 141.16 59.71 63.87 9.14 2022/23 (Proj.) Jan 125.96 136.39 55.08 65.50 7.46 Feb 125.96 136.39 55.08 65.02 7.88 Oilmeals 2020/21 48.25 53.02 12.62 40.00 0.39 2021/22 (Est.) 49.25 53.21 12.44 40.42 0.35 2022/23 (Proj.) Jan 50.46 54.79 12.66 41.72 0.40 Feb 50.23 54.56 12.66 41.50 0.40 Vegetable Oils 2020/21 12.70 18.86 1.04 16.52 1.30 2021/22 (Est.) 13.05 19.60 1.05 17.28 1.27 2022/23 (Proj.) Jan 13.39 20.08 0.58 18.25 1.25 Feb 13.32 20.12 0.53 18.31 1.28 Foreign 3/ Oilseeds 2020/21 483.23 577.83 129.25 446.25 106.74 2021/22 (Est.) 475.44 581.00 118.93 445.46 108.38 2022/23 (Proj.) Jan 515.97 622.65 141.90 467.02 114.72 Feb 510.76 617.85 142.95 464.52 111.30 Oilmeals 2020/21 300.67 315.91 84.74 305.02 17.94 2021/22 (Est.) 299.32 313.69 83.54 305.17 17.41 2022/23 (Proj.) Jan 313.94 327.28 85.00 317.03 17.85 Feb 311.83 325.26 84.97 315.99 17.23 Vegetable Oils 2020/21 194.00 217.82 84.36 188.11 27.20 2021/22 (Est.) 195.42 217.38 78.04 186.63 28.10 2022/23 (Proj.) Jan 204.23 226.93 86.74 194.82 28.36 Feb 204.25 226.83 87.42 194.60 28.66 ================================================================================ WASDE - 633 - 11 February 2023 U.S. Wheat Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ 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 845 698 698 Production 1828 1646 1650 1650 Imports 100 95 120 120 Supply, Total 2956 2587 2468 2468 Food 961 972 977 975 Seed 64 58 69 70 Feed and Residual 93 59 80 80 Domestic, Total 1117 1088 1126 1125 Exports 994 800 775 775 Use, Total 2111 1888 1901 1900 Ending Stocks 845 698 567 568 Avg.FarmPrice ($/bu) 2/ 5.05 7.63 9.10 9.00 ================================================================================ 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 418 297 223 96 91 1125 Exports 220 230 115 190 20 775 Use, Total 638 527 338 286 111 1900 Ending Stocks, Total Feb 273 120 102 45 27 568 Jan 274 120 90 56 28 567 ================================================================================ WASDE - 633 - 12 February 2023 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ Million Acres FEED GRAINS Area Planted 102.3 105.8 100.4 100.4 Area Harvested 90.6 94.4 87.1 87.1 Metric Tons Yield per Harvested Acre 4.11 4.21 4.11 4.11 Million Metric Tons Beginning Stocks 51.8 34.0 37.6 37.6 Production 372.6 397.5 358.2 358.2 Imports 2.2 2.3 3.1 3.2 Supply, Total 426.6 433.8 398.9 398.9 Feed and Residual 146.7 148.6 137.7 137.7 Food, Seed & Industrial 168.8 177.1 175.6 175.2 Domestic, Total 315.4 325.8 313.3 312.9 Exports 77.2 70.5 51.6 51.3 Use, Total 392.6 396.2 364.9 364.3 Ending Stocks 34.0 37.6 34.0 34.6 Million Acres CORN Area Planted 90.7 93.3 88.6 88.6 Area Harvested 82.3 85.3 79.2 79.2 Bushels Yield per Harvested Acre 171.4 176.7 173.3 173.3 Million Bushels Beginning Stocks 1919 1235 1377 1377 Production 14111 15074 13730 13730 Imports 24 24 50 50 Supply, Total 16055 16333 15157 15157 Feed and Residual 5607 5718 5275 5275 Food,Seed& Industrial 2/ 6467 6766 6715 6690 Ethanol & by-products 3/ 5028 5326 5275 5250 Domestic, Total 12074 12484 11990 11965 Exports 2747 2471 1925 1925 Use, Total 14821 14956 13915 13890 Ending Stocks 1235 1377 1242 1267 Avg.FarmPrice ($/bu) 4/ 4.53 6.00 6.70 6.70 ================================================================================ WASDE - 633 - 13 February 2023 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 5.9 7.3 6.3 6.3 AreaHarvested(mil.acres) 5.1 6.5 4.6 4.6 Yield (bushels/acre) 73.2 69.0 41.1 41.1 Beginning Stocks 30 20 47 47 Production 373 448 188 188 Imports 0 0 0 0 Supply, Total 403 468 235 235 Feed and Residual 97 81 70 70 Food, Seed & Industrial 7 45 40 50 Total Domestic 104 127 110 120 Exports 279 294 100 90 Use, Total 383 421 210 210 Ending Stocks 20 47 25 25 Avg.FarmPrice ($/bu) 2/ 5.04 5.94 6.85 6.90 BARLEY AreaPlanted (mil. acres) 2.7 2.7 2.9 2.9 AreaHarvested(mil.acres) 2.2 2.0 2.4 2.4 Yield (bushels/acre) 77.2 60.3 71.7 71.7 Beginning Stocks 80 71 42 42 Production 171 120 174 174 Imports 7 15 15 16 Supply, Total 258 206 231 232 Feed and Residual 26 20 35 35 Food, Seed & Industrial 147 137 130 130 Total Domestic 172 157 165 165 Exports 14 7 5 5 Use, Total 186 164 170 170 Ending Stocks 71 42 61 62 Avg.FarmPrice ($/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 33 33 Production 66 40 58 58 Imports 85 81 90 90 Supply, Total 188 159 180 180 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 32 32 Avg.FarmPrice ($/bu) 2/ 2.77 4.55 5.00 4.85 ================================================================================ WASDE - 633 - 14 February 2023 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ Million Acres TOTAL RICE Area Planted 3.04 2.53 2.22 2.22 Area Harvested 2.99 2.49 2.17 2.17 Pounds Yield per Harvested Acre 7619 7709 7383 7383 Million Hundredweight Beginning Stocks 2/ 28.7 43.7 39.7 39.7 Production 227.5 191.6 160.4 160.4 Imports 34.1 37.8 45.0 42.0 Supply, Total 290.2 273.0 245.1 242.1 Domestic & Residual 3/ 153.1 151.1 147.0 147.0 Exports, Total 4/ 93.5 82.2 66.0 62.0 Rough 34.6 28.3 20.0 18.0 Milled (rough equiv.) 58.9 53.9 46.0 44.0 Use, Total 246.6 233.3 213.0 209.0 Ending Stocks 43.7 39.7 32.1 33.1 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 14.40 16.10 19.20 19.40 LONG GRAIN RICE Harvested Acres (mil.) 2.30 1.94 1.77 1.77 Yield (pounds/acre) 7422 7471 7224 7224 Beginning Stocks 16.9 29.7 24.6 24.6 Imports 27.4 30.7 35.0 33.0 Production 170.8 144.6 128.2 128.2 Supply, Total 7/ 215.1 205.0 187.8 185.8 Domestic & Residual 3/ 120.3 119.7 117.0 117.0 Exports 8/ 65.0 60.6 49.0 47.0 Use, Total 185.3 180.3 166.0 164.0 Ending Stocks 29.7 24.6 21.8 21.8 Avg.FarmPrice($/cwt) 6/ 12.60 13.60 16.70 16.90 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.69 0.55 0.40 0.40 Yield (pounds/acre) 8282 8549 8094 8094 Beginning Stocks 10.7 11.5 13.0 13.0 Imports 6.7 7.1 10.0 9.0 Production 56.7 47.0 32.2 32.2 Supply, Total 7/ 72.7 66.0 55.3 54.3 Domestic & Residual 3/ 32.8 31.4 30.0 30.0 Exports 8/ 28.5 21.5 17.0 15.0 Use, Total 61.2 53.0 47.0 45.0 Ending Stocks 11.5 13.0 8.3 9.3 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 20.10 26.40 29.20 29.20 California 10/ 22.60 31.90 36.00 36.00 Other States 1/ 13.00 13.90 17.60 17.60 ================================================================================ WASDE - 633 - 15 February 2023 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ Million Acres SOYBEANS Area Planted 83.4 87.2 87.5 87.5 Area Harvested 82.6 86.3 86.3 86.3 Bushels Yield per Harvested Acre 51.0 51.7 49.5 49.5 Million Bushels Beginning Stocks 525 257 274 274 Production 4216 4465 4276 4276 Imports 20 16 15 15 Supply, Total 4761 4738 4566 4566 Crushings 2141 2204 2245 2230 Exports 2266 2158 1990 1990 Seed 101 102 102 102 Residual -4 1 18 18 Use, Total 4504 4464 4355 4340 Ending Stocks 257 274 210 225 Avg.FarmPrice ($/bu) 2/ 10.80 13.30 14.20 14.30 Million Pounds SOYBEAN OIL Beginning Stocks 1853 2131 1991 1991 Production 4/ 25023 26143 26310 26245 Imports 302 303 300 300 Supply, Total 27177 28578 28601 28536 Domestic Disappearance 23314 24813 25900 25900 Biofuel 3/ 8920 10348 11600 11600 Food, Feed & other Industrial 14394 14465 14300 14300 Exports 1731 1773 800 700 Use, Total 25046 26587 26700 26600 Ending stocks 2131 1991 1901 1936 Avg. Price (c/lb) 2/ 56.87 72.98 68.00 68.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 341 341 311 311 Production 4/ 50565 51811 52839 52639 Imports 784 649 600 600 Supply, Total 51691 52800 53750 53550 Domestic Disappearance 37674 38966 39700 39500 Exports 13675 13524 13700 13700 Use, Total 51350 52490 53400 53200 Ending Stocks 341 311 350 350 Avg. Price ($/s.t.) 2/ 392.31 439.81 425.00 450.00 ================================================================================ WASDE - 633 - 16 February 2023 U.S. Sugar Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1618 1705 1819 1820 Production 2/ 9233 9157 9248 9231 Beet Sugar 5092 5155 5048 5100 Cane Sugar 4141 4002 4199 4131 Florida 2090 1934 1989 2014 Louisiana 1918 1944 2113 2030 Texas 134 124 97 87 Imports 3221 3646 3458 3463 TRQ 3/ 1749 1579 1606 1611 Other Program 4/ 292 298 250 250 Non-program 1180 1769 1602 1602 Mexico 968 1379 1477 1477 High-tier tariff/other 212 390 125 125 Total Supply 14072 14508 14525 14514 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 1820 1885 1874 Stocks to Use Ratio 13.8 14.3 14.9 14.8 ================================================================================ 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. Jan 1053 6185 31 4629 1676 964 Feb 1053 6185 31 4629 1676 964 2022/23 Proj. Jan 964 5900 35 4661 1267 971 Feb 964 5900 35 4660 1268 971 ================================================================================ WASDE - 633 - 17 February 2023 U.S. Cotton Supply and Use 1/ ================================================================================ 2020/21 2021/22 Est. 2022/23 Proj. 2022/23 Proj. Item Jan Feb ================================================================================ Million Acres Planted 12.09 11.22 13.76 13.76 Harvested 8.22 10.27 7.44 7.44 Pounds Yield per Harvested Acre 853 819 947 947 Million 480 Pound Bales Beginning Stocks 7.25 3.15 3.75 3.75 Production 14.61 17.52 14.68 14.68 Imports 0.00 0.01 0.01 0.01 Supply, Total 21.86 20.68 18.44 18.44 Domestic Use 2.40 2.55 2.20 2.10 Exports, Total 16.35 14.62 12.00 12.00 Use, Total 18.75 17.17 14.20 14.10 Unaccounted 2/ -0.04 -0.24 0.04 0.04 Ending Stocks 3.15 3.75 4.20 4.30 Avg. Farm Price 3/ 66.3 91.4 83.0 83.0 ================================================================================ WASDE - 633 - 18 February 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/ 298.22 774.55 194.78 157.90 782.71 203.33 290.06 World Less China 148.21 640.30 184.16 117.90 632.71 202.57 145.94 United States 27.99 49.75 2.73 2.54 30.41 27.05 23.00 Total Foreign 270.24 724.80 192.06 155.36 752.30 176.29 267.06 Major Exporters 4/ 32.50 322.46 6.67 72.81 179.33 147.42 34.88 Argentina 2.46 17.64 0.01 0.05 6.25 11.53 2.32 Australia 2.70 31.92 0.20 4.50 8.03 23.77 3.02 Canada 5.50 35.44 0.55 4.16 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/ 193.47 200.43 124.37 57.58 323.60 12.62 182.04 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/ 11.62 20.65 17.70 3.54 39.03 0.62 10.31 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/ 290.06 779.33 199.23 160.29 792.69 202.86 276.70 World Less China 145.94 642.38 189.66 125.29 644.69 201.99 134.94 United States 23.00 44.80 2.59 1.60 29.61 21.78 19.01 Total Foreign 267.06 734.53 196.64 158.69 763.08 181.08 257.69 Major Exporters 4/ 34.88 327.19 5.82 78.70 185.82 142.36 39.71 Argentina 2.32 22.15 0.00 0.05 6.15 15.98 2.35 Australia 3.02 36.24 0.21 5.00 8.53 27.51 3.43 Canada 5.95 22.42 0.55 5.15 10.15 15.12 3.66 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/ 182.04 203.23 130.54 53.73 323.64 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/ 10.31 16.50 22.99 3.88 39.10 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 - 633 - 19 February 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/ Jan 276.82 781.31 205.05 155.30 789.74 211.62 268.39 Feb 276.70 783.80 207.09 157.76 791.16 212.95 269.34 World Less China Jan 135.06 643.59 195.55 125.30 645.74 210.72 124.31 Feb 134.94 646.08 197.09 127.76 647.16 212.05 124.75 United States Jan 19.01 44.90 3.27 2.18 30.65 21.09 15.44 Feb 19.01 44.90 3.27 2.18 30.62 21.09 15.47 Total Foreign Jan 257.81 736.41 201.78 153.13 759.09 190.53 252.95 Feb 257.69 738.90 203.83 155.59 760.55 191.85 253.87 Major Exporters 4/ Jan 39.79 329.62 9.21 78.05 185.70 153.50 39.41 Feb 39.71 332.02 10.21 80.05 187.90 154.50 39.54 Argentina Jan 2.35 12.50 0.01 0.05 6.15 7.50 1.21 Feb 2.35 12.50 0.01 0.05 6.15 7.50 1.21 Australia Jan 3.50 36.60 0.20 5.00 8.55 27.50 4.25 Feb 3.43 38.00 0.20 5.00 8.50 28.00 5.13 Canada Jan 3.67 33.82 0.60 3.50 8.55 26.00 3.55 Feb 3.66 33.82 0.60 4.50 9.55 25.00 3.54 European Union 5/ Jan 13.36 134.70 8.00 44.50 108.25 36.50 11.31 Feb 13.36 134.70 9.00 45.00 109.00 37.00 11.06 Russia Jan 11.09 91.00 0.30 21.00 45.00 43.00 14.39 Feb 11.09 92.00 0.30 21.50 45.50 43.50 14.39 Ukraine Jan 5.81 21.00 0.10 4.00 9.20 13.00 4.71 Feb 5.81 21.00 0.10 4.00 9.20 13.50 4.21 Major Importers 6/ Jan 176.87 205.54 132.52 48.70 320.17 15.77 179.00 Feb 176.87 205.94 133.27 49.14 320.11 16.22 179.75 Bangladesh Jan 1.31 1.10 6.00 0.20 7.40 0.00 1.01 Feb 1.31 1.10 5.30 0.20 7.00 0.00 0.71 Brazil Jan 1.18 9.50 5.60 0.40 11.70 3.50 1.08 Feb 1.18 9.90 5.60 0.40 11.70 3.90 1.08 China Jan 141.76 137.72 9.50 30.00 144.00 0.90 144.08 Feb 141.76 137.72 10.00 30.00 144.00 0.90 144.58 Japan Jan 1.18 1.05 5.75 0.75 6.30 0.30 1.38 Feb 1.18 1.05 5.75 0.75 6.30 0.30 1.38 N. Africa 7/ Jan 10.86 17.60 29.90 1.77 47.22 0.50 10.64 Feb 10.86 17.60 29.90 1.77 47.22 0.50 10.64 Nigeria Jan 0.62 0.11 6.10 0.00 5.70 0.60 0.53 Feb 0.62 0.11 6.00 0.00 5.60 0.60 0.53 Sel. Mideast 8/ Jan 9.96 17.61 22.72 3.38 39.08 0.77 10.44 Feb 9.96 17.61 23.22 3.38 39.18 0.77 10.84 Southeast Asia 9/ Jan 5.41 0.00 26.95 8.20 26.05 1.15 5.17 Feb 5.41 0.00 27.30 8.44 26.19 1.15 5.38 India Jan 19.50 103.00 0.10 6.00 104.08 5.90 12.63 Feb 19.50 103.00 0.10 6.00 104.08 5.90 12.63 Kazakhstan Jan 1.49 14.00 1.50 1.50 6.35 9.00 1.64 Feb 1.49 14.00 1.50 1.50 6.35 9.00 1.64 United Kingdom Jan 1.81 15.50 1.80 7.80 15.80 1.30 2.01 Feb 1.81 15.50 1.80 7.80 15.80 1.30 2.01 ================================================================================ WASDE - 633 - 20 February 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 1441.49 233.87 903.98 1455.83 233.60 322.94 World Less China 136.33 1172.41 183.34 683.03 1142.72 233.59 115.49 United States 51.83 372.89 2.48 146.84 315.97 77.21 34.01 Total Foreign 285.45 1068.60 231.39 757.14 1139.86 156.39 288.93 Major Exporters 4/ 24.24 297.33 5.46 134.73 180.99 126.63 19.41 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 16.67 24.63 7.26 3.63 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/ 322.94 1502.36 230.20 914.50 1491.69 252.12 333.61 World Less China 115.49 1221.51 188.70 686.67 1171.67 252.11 123.84 United States 34.01 397.71 2.59 148.76 326.28 70.46 37.58 Total Foreign 288.93 1104.65 227.61 765.73 1165.42 181.66 296.03 Major Exporters 4/ 19.41 332.77 9.78 142.96 189.24 147.93 24.78 Argentina 2.06 59.16 0.01 13.52 19.14 39.60 2.48 Australia 2.98 19.22 0.00 5.84 7.71 10.95 3.53 Brazil 4.60 120.62 3.25 63.59 75.68 48.02 4.78 Canada 3.63 25.12 6.40 17.50 25.79 5.65 3.71 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/ 36.30 248.19 138.89 288.58 371.73 15.30 36.35 European Union 6/ 14.62 154.41 21.35 120.47 159.89 13.72 16.77 Japan 1.66 0.24 16.52 13.09 16.83 0.00 1.59 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 69.78 0.69 6.49 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 11.63 9.26 11.79 0.00 2.08 Selected Other China 207.46 280.85 41.50 227.83 320.03 0.01 209.77 ================================================================================ WASDE - 633 - 21 February 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/ Jan 333.09 1446.36 215.02 896.56 1457.13 218.81 322.32 Feb 333.61 1442.77 216.35 893.38 1454.85 221.24 321.53 World Less China Jan 123.32 1160.86 182.07 667.41 1136.78 218.76 114.50 Feb 123.84 1157.27 183.90 664.73 1135.00 221.19 113.71 United States Jan 37.58 358.47 3.48 137.99 313.95 51.58 34.00 Feb 37.58 358.47 3.50 137.99 313.56 51.33 34.66 Total Foreign Jan 295.51 1087.89 211.54 758.57 1143.18 167.23 288.32 Feb 296.03 1084.30 212.85 755.39 1141.29 169.91 286.87 Major Exporters 4/ Jan 24.29 331.45 3.00 141.90 188.62 142.67 27.46 Feb 24.78 327.22 3.05 137.61 184.46 144.28 26.32 Argentina Jan 2.38 60.81 0.01 11.96 17.67 43.20 2.33 Feb 2.48 55.51 0.01 10.16 15.87 39.80 2.33 Australia Jan 3.47 18.17 0.00 6.02 7.90 10.48 3.27 Feb 3.53 18.47 0.00 6.02 7.90 10.68 3.43 Brazil Jan 4.48 129.54 1.80 68.50 80.99 47.03 7.80 Feb 4.78 129.54 1.80 65.50 77.99 50.03 8.10 Canada Jan 3.68 30.54 1.04 17.22 24.91 6.68 3.67 Feb 3.71 30.54 1.05 17.12 24.79 6.48 4.03 Russia Jan 1.85 41.00 0.10 22.80 32.10 8.95 1.91 Feb 1.85 41.77 0.10 23.37 32.82 8.97 1.94 Ukraine Jan 6.17 34.16 0.00 8.02 11.15 22.93 6.26 Feb 6.17 34.16 0.00 8.02 11.15 24.93 4.26 Major Importers 5/ Jan 36.34 231.22 138.28 281.16 363.16 10.29 32.39 Feb 36.35 231.61 139.97 283.01 364.95 10.78 32.20 European Union 6/ Jan 16.77 135.61 23.60 115.31 153.78 8.47 13.73 Feb 16.77 135.61 25.63 117.31 155.81 8.46 13.74 Japan Jan 1.57 0.25 16.47 12.85 16.75 0.00 1.54 Feb 1.59 0.25 16.47 12.85 16.75 0.00 1.56 Mexico Jan 3.93 33.50 18.07 31.34 51.06 0.60 3.84 Feb 3.93 33.49 17.97 31.34 50.96 0.60 3.83 N. Afr & Mideast 7/ Jan 6.50 31.13 37.75 60.14 68.46 0.64 6.28 Feb 6.49 31.13 38.56 60.64 68.97 0.94 6.28 Saudi Arabia Jan 1.40 0.19 8.71 8.75 9.11 0.00 1.20 Feb 1.40 0.19 8.71 8.75 9.11 0.00 1.20 Southeast Asia 8/ Jan 3.41 30.31 18.01 39.50 48.00 0.58 3.14 Feb 3.41 30.71 16.96 38.85 47.35 0.78 2.94 South Korea Jan 2.08 0.15 11.10 8.74 11.22 0.00 2.11 Feb 2.08 0.15 11.10 8.74 11.22 0.00 2.11 China Jan 209.77 285.50 32.95 229.15 320.35 0.05 207.82 Feb 209.77 285.50 32.45 228.65 319.85 0.05 207.82 ================================================================================ WASDE - 633 - 22 February 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 1129.50 184.94 723.98 1144.08 182.70 292.84 World Less China 106.88 868.83 155.42 520.98 859.08 182.70 87.13 United States 48.76 358.45 0.62 142.43 306.69 69.78 31.36 Total Foreign 258.65 771.06 184.32 581.56 837.39 112.93 261.48 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/ 292.84 1216.00 184.50 749.84 1202.55 204.73 306.28 World Less China 87.13 943.45 162.62 540.84 911.55 204.73 97.15 United States 31.36 382.89 0.62 145.25 317.12 62.78 34.98 Total Foreign 261.48 833.11 183.89 604.58 885.44 141.96 271.31 Major Exporters 4/ 9.04 238.95 2.67 97.70 120.80 116.18 13.68 Argentina 1.18 49.50 0.01 11.30 15.20 34.00 1.49 Brazil 4.15 116.00 2.60 59.50 70.50 48.00 4.25 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 94.37 168.12 223.27 6.89 22.20 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 15.01 11.70 15.05 0.00 1.39 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 11.52 9.22 11.57 0.00 2.06 Selected Other Canada 2.17 14.61 6.14 12.17 17.98 2.19 2.75 China 205.70 272.55 21.88 209.00 291.00 0.00 209.14 ================================================================================ WASDE - 633 - 23 February 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/ Jan 305.95 1155.93 175.45 732.95 1165.47 178.17 296.42 Feb 306.28 1151.36 177.00 729.14 1162.37 181.07 295.28 World Less China Jan 96.82 878.73 157.45 516.95 868.47 178.15 89.10 Feb 97.15 874.16 159.00 513.14 865.37 181.05 87.96 United States Jan 34.98 348.75 1.27 133.99 304.56 48.90 31.54 Feb 34.98 348.75 1.27 133.99 303.93 48.90 32.17 Total Foreign Jan 270.98 807.18 174.18 598.96 860.91 129.28 264.88 Feb 271.31 802.61 175.73 595.15 858.45 132.18 263.10 Major Exporters 4/ Jan 13.38 234.70 1.36 96.60 120.40 112.20 16.84 Feb 13.68 229.70 1.36 91.60 115.40 114.20 15.14 Argentina Jan 1.49 52.00 0.01 10.00 14.00 38.00 1.49 Feb 1.49 47.00 0.01 8.00 12.00 35.00 1.49 Brazil Jan 3.95 125.00 1.30 64.50 76.00 47.00 7.25 Feb 4.25 125.00 1.30 61.50 73.00 50.00 7.55 Russia Jan 0.93 14.00 0.05 9.80 10.90 3.30 0.78 Feb 0.93 14.00 0.05 9.80 10.90 3.30 0.78 South Africa Jan 1.92 16.70 0.00 7.30 13.30 3.40 1.92 Feb 1.92 16.70 0.00 7.30 13.30 3.40 1.92 Ukraine Jan 5.09 27.00 0.00 5.00 6.20 20.50 5.39 Feb 5.09 27.00 0.00 5.00 6.20 22.50 3.39 Major Importers 5/ Jan 22.18 119.67 94.80 159.20 213.80 3.39 19.47 Feb 22.20 120.07 96.30 161.10 215.70 3.59 19.28 Egypt Jan 1.56 7.44 9.20 13.90 16.40 0.01 1.79 Feb 1.56 7.44 9.20 13.90 16.40 0.01 1.79 European Union 6/ Jan 9.94 54.20 21.50 56.50 76.10 2.20 7.34 Feb 9.94 54.20 23.50 58.50 78.10 2.20 7.34 Japan Jan 1.38 0.01 15.00 11.50 15.00 0.00 1.39 Feb 1.39 0.01 15.00 11.50 15.00 0.00 1.40 Mexico Jan 3.16 27.60 17.20 26.00 44.20 0.60 3.16 Feb 3.16 27.60 17.20 26.00 44.20 0.60 3.16 Southeast Asia 7/ Jan 3.40 30.26 16.40 38.10 46.35 0.58 3.13 Feb 3.40 30.66 15.90 38.00 46.25 0.78 2.93 South Korea Jan 2.06 0.08 11.00 8.70 11.05 0.00 2.09 Feb 2.06 0.08 11.00 8.70 11.05 0.00 2.09 Canada Jan 2.75 14.54 1.00 9.30 14.50 1.60 2.19 Feb 2.75 14.54 1.00 9.00 14.20 1.60 2.49 China Jan 209.14 277.20 18.00 216.00 297.00 0.02 207.32 Feb 209.14 277.20 18.00 216.00 297.00 0.02 207.32 ================================================================================ WASDE - 633 - 24 February 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/ 182.55 509.33 46.50 503.44 51.16 188.44 World Less China 66.05 361.03 42.28 353.14 48.94 71.94 United States 0.91 7.22 1.08 4.86 2.97 1.39 Total Foreign 181.64 502.10 45.42 498.58 48.19 187.05 Major Exporters 4/ 40.93 191.63 2.01 149.20 38.55 46.82 Burma 1.01 12.60 0.00 10.40 1.90 1.31 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 0.58 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/ 188.44 514.80 54.70 519.89 56.70 183.34 World Less China 71.94 365.81 48.75 363.53 54.62 70.34 United States 1.39 6.08 1.20 4.80 2.61 1.26 Total Foreign 187.05 508.71 53.50 515.10 54.09 182.08 Major Exporters 4/ 46.82 198.61 1.63 159.72 43.99 43.36 Burma 1.31 12.35 0.00 10.40 2.37 0.90 India 37.00 130.29 0.00 111.27 22.03 34.00 Pakistan 1.89 9.32 0.01 3.75 4.82 2.65 Thailand 3.98 19.88 0.13 12.80 7.68 3.50 Vietnam 2.64 26.77 1.50 21.50 7.10 2.31 Major Importers 5/ 128.23 241.98 22.33 263.06 2.53 126.95 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 0.65 35.30 0.00 2.81 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 7.15 1.35 0.86 C. Amer & Carib 8/ 0.58 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 0.81 0.97 0.01 0.21 South Korea 1.02 3.88 0.44 3.95 0.05 1.33 ================================================================================ WASDE - 633 - 25 February 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/ Jan 183.11 502.97 53.29 516.10 54.34 169.98 Feb 183.34 502.98 53.07 517.18 54.05 169.13 World Less China Jan 70.11 357.02 48.09 362.15 52.14 61.98 Feb 70.34 357.03 47.87 362.24 51.85 62.13 United States Jan 1.26 5.09 1.43 4.67 2.10 1.02 Feb 1.26 5.09 1.33 4.67 1.97 1.05 Total Foreign Jan 181.85 497.88 51.86 511.43 52.24 168.96 Feb 182.08 497.88 51.74 512.52 52.08 168.08 Major Exporters 4/ Jan 43.20 191.43 1.16 156.90 42.80 36.09 Feb 43.36 191.30 1.16 157.10 42.70 36.02 Burma Jan 0.87 12.50 0.00 10.30 2.40 0.67 Feb 0.90 12.50 0.00 10.30 2.40 0.71 India Jan 34.00 125.00 0.00 108.50 20.50 30.00 Feb 34.00 125.00 0.00 108.50 21.50 29.00 Pakistan Jan 2.67 6.60 0.01 3.80 4.00 1.48 Feb 2.65 6.60 0.01 3.80 3.80 1.66 Thailand Jan 3.28 20.10 0.15 12.80 8.50 2.23 Feb 3.50 20.20 0.15 13.00 8.20 2.65 Vietnam Jan 2.38 27.23 1.00 21.50 7.40 1.71 Feb 2.31 27.00 1.00 21.50 6.80 2.01 Major Importers 5/ Jan 127.06 238.28 20.95 261.92 2.64 121.72 Feb 126.95 238.46 21.20 263.12 2.64 120.85 China Jan 113.00 145.95 5.20 153.95 2.20 108.00 Feb 113.00 145.95 5.20 154.95 2.20 107.00 European Union 6/ Jan 0.92 1.29 2.65 3.55 0.40 0.91 Feb 0.92 1.27 2.65 3.55 0.40 0.89 Indonesia Jan 2.91 34.60 0.75 35.50 0.00 2.76 Feb 2.81 34.60 0.75 35.20 0.00 2.96 Nigeria Jan 2.05 5.04 2.20 7.45 0.00 1.84 Feb 2.05 5.04 2.20 7.45 0.00 1.84 Philippines Jan 4.50 12.41 3.60 15.75 0.00 4.76 Feb 4.50 12.41 3.60 15.75 0.00 4.76 Sel. Mideast 7/ Jan 1.29 2.24 4.15 6.33 0.00 1.36 Feb 1.29 2.24 4.15 6.33 0.00 1.36 Brazil Jan 0.86 7.24 0.85 7.20 1.10 0.64 Feb 0.86 7.07 0.85 7.15 1.10 0.53 C. Amer & Carib 8/ Jan 0.60 1.55 1.74 3.28 0.03 0.58 Feb 0.60 1.53 1.74 3.27 0.03 0.58 Egypt Jan 0.61 3.60 0.55 4.10 0.01 0.66 Feb 0.61 3.60 0.55 4.10 0.01 0.66 Japan Jan 1.98 7.45 0.69 8.20 0.12 1.79 Feb 1.98 7.45 0.69 8.20 0.12 1.79 Mexico Jan 0.16 0.18 0.80 0.97 0.01 0.15 Feb 0.21 0.18 0.80 0.97 0.01 0.21 South Korea Jan 1.33 3.76 0.42 4.00 0.06 1.46 Feb 1.33 3.76 0.42 4.00 0.06 1.46 ================================================================================ WASDE - 633 - 26 February 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 48.69 123.18 48.78 -0.06 86.70 World Less China 62.06 81.89 35.83 82.18 48.77 -0.06 48.90 United States 7.25 14.61 3/ 2.40 16.35 -0.04 3.15 Total Foreign 91.16 96.89 48.69 120.78 32.42 -0.02 83.55 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 1.70 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 86.70 115.71 42.66 117.34 42.86 -0.37 85.24 World Less China 48.90 88.91 34.82 82.34 42.74 -0.37 47.92 United States 3.15 17.52 0.01 2.55 14.62 -0.24 3.75 Total Foreign 83.55 98.19 42.66 114.79 28.24 -0.12 81.49 Major Exporters 4/ 33.09 55.29 1.57 34.06 24.03 -0.18 32.04 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 39.65 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 1.67 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 - 633 - 27 February 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 Jan 85.34 115.40 41.63 110.85 41.66 -0.08 89.93 Feb 85.24 114.37 40.44 110.66 40.38 -0.08 89.08 World Less China Jan 48.03 87.40 33.88 75.35 41.53 -0.08 52.49 Feb 47.92 85.87 32.69 74.66 40.26 -0.08 51.64 United States Jan 3.75 14.68 0.01 2.20 12.00 0.04 4.20 Feb 3.75 14.68 0.01 2.10 12.00 0.04 4.30 Total Foreign Jan 81.59 100.72 41.62 108.65 29.66 -0.12 85.73 Feb 81.49 99.69 40.44 108.56 28.38 -0.12 84.78 Major Exporters 4/ Jan 32.11 57.74 2.45 31.16 25.54 -0.17 35.78 Feb 32.04 56.03 2.32 31.08 24.25 -0.17 35.23 Central Asia 5/ Jan 2.66 5.00 0.08 3.77 1.47 0.00 2.50 Feb 2.66 5.00 0.08 3.77 1.47 0.00 2.50 Afr. Fr. Zone 6/ Jan 1.61 5.42 3/ 0.10 5.19 0.00 1.74 Feb 1.61 4.81 3/ 0.10 4.73 0.00 1.59 S. Hemis. 7/ Jan 18.91 20.28 0.15 4.18 15.28 -0.18 20.06 Feb 18.91 20.18 0.15 4.15 15.16 -0.18 20.11 Australia Jan 4.86 5.00 3/ 0.01 5.90 -0.19 4.14 Feb 4.86 5.00 3/ 0.01 6.10 -0.19 3.94 Brazil Jan 11.84 13.30 0.02 3.20 8.30 0.00 13.65 Feb 11.84 13.30 0.02 3.20 8.00 0.00 13.95 India Jan 8.60 26.50 1.70 22.50 3.10 0.00 11.20 Feb 8.60 25.50 1.70 22.50 2.50 0.00 10.80 Major Importers 8/ Jan 46.75 39.74 36.90 73.41 2.87 0.06 47.06 Feb 46.75 40.38 35.84 73.40 2.86 0.06 46.66 Mexico Jan 0.37 1.40 1.00 1.80 0.50 0.01 0.46 Feb 0.37 1.35 0.95 1.80 0.50 0.01 0.36 China Jan 37.31 28.00 7.75 35.50 0.13 0.00 37.44 Feb 37.31 28.50 7.75 36.00 0.13 0.00 37.44 European Union 9/ Jan 0.30 1.58 0.56 0.58 1.51 0.00 0.34 Feb 0.30 1.57 0.56 0.58 1.50 0.00 0.34 Turkey Jan 2.77 4.90 4.30 8.00 0.70 0.00 3.27 Feb 2.77 4.90 4.30 8.00 0.70 0.00 3.27 Pakistan Jan 1.89 3.70 5.00 9.00 0.03 0.03 1.54 Feb 1.89 3.90 4.50 8.80 0.03 0.03 1.44 Indonesia Jan 0.46 3/ 2.20 2.20 0.01 0.00 0.46 Feb 0.46 3/ 1.90 2.00 0.01 0.00 0.36 Thailand Jan 0.10 3/ 0.70 0.70 0.00 0.01 0.09 Feb 0.10 3/ 0.70 0.70 0.00 0.01 0.09 Bangladesh Jan 2.29 0.16 8.00 8.20 0.00 0.01 2.24 Feb 2.29 0.16 7.90 8.20 0.00 0.01 2.14 Vietnam Jan 1.02 3/ 6.40 6.40 0.00 0.00 1.03 Feb 1.02 3/ 6.30 6.30 0.00 0.00 1.03 ================================================================================ WASDE - 633 - 28 February 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/ 94.55 368.52 165.55 315.94 363.87 164.99 99.75 World Less China 69.93 348.92 65.81 222.94 251.13 164.92 68.61 United States 14.28 114.75 0.54 58.26 60.91 61.67 6.99 Total Foreign 80.27 253.77 165.01 257.69 302.96 103.33 92.76 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/ 99.75 358.00 157.08 312.89 362.11 153.89 98.83 World Less China 68.61 341.60 65.51 225.39 254.51 153.79 67.43 United States 6.99 121.53 0.43 59.98 62.77 58.72 7.47 Total Foreign 92.76 236.47 156.65 252.91 299.34 95.17 91.36 Major Exporters 3/ 54.94 180.67 4.43 91.30 101.84 87.26 50.94 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 79.12 26.82 Paraguay 0.45 4.20 0.04 2.15 2.23 2.27 0.20 Major Importers 4/ 34.56 20.16 123.78 116.28 143.88 0.42 34.20 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 8.26 4.45 9.27 0.02 0.69 Mexico 0.46 0.29 5.96 6.35 6.40 0.00 0.30 2022/23 Proj. World 2/ Jan 98.22 388.01 164.32 327.32 379.49 167.53 103.52 Feb 98.83 383.01 164.07 323.90 376.41 167.47 102.03 World Less China Jan 66.81 367.68 68.32 232.32 263.19 167.43 72.19 Feb 67.43 362.68 68.07 229.90 261.11 167.37 69.70 United States Jan 7.47 116.38 0.41 61.10 64.37 54.16 5.72 Feb 7.47 116.38 0.41 60.69 63.97 54.16 6.13 Total Foreign Jan 90.75 271.63 163.91 266.22 315.12 113.37 97.80 Feb 91.36 266.63 163.67 263.21 312.44 113.31 95.90 Major Exporters 3/ Jan 50.90 210.80 5.77 94.33 105.36 104.73 57.39 Feb 50.94 206.30 7.02 93.58 104.61 104.73 54.93 Argentina Jan 23.90 45.50 5.00 38.00 45.25 5.70 23.45 Feb 23.90 41.00 6.25 37.30 44.55 4.20 22.40 Brazil Jan 26.81 153.00 0.75 52.50 56.10 91.00 33.46 Feb 26.82 153.00 0.75 52.75 56.35 92.00 32.22 Paraguay Jan 0.18 10.00 0.01 3.75 3.93 5.80 0.46 Feb 0.20 10.00 0.01 3.45 3.63 6.30 0.28 Major Importers 4/ Jan 34.26 23.75 130.03 123.80 153.14 0.37 34.53 Feb 34.20 23.71 129.53 122.50 151.84 0.37 35.23 China Jan 31.40 20.33 96.00 95.00 116.30 0.10 31.33 Feb 31.40 20.33 96.00 94.00 115.30 0.10 32.33 European Union Jan 1.55 2.47 14.40 14.90 16.48 0.25 1.69 Feb 1.55 2.47 13.90 14.65 16.23 0.25 1.44 Southeast Asia Jan 0.75 0.50 9.88 4.85 10.20 0.02 0.92 Feb 0.69 0.50 9.88 4.85 10.20 0.02 0.86 Mexico Jan 0.30 0.23 6.40 6.55 6.60 0.00 0.33 Feb 0.30 0.19 6.40 6.50 6.55 0.00 0.34 ================================================================================ WASDE - 633 - 29 February 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/ 15.21 248.22 64.44 243.89 69.35 14.64 World Less China 15.21 174.56 64.37 171.21 68.29 14.64 United States 0.31 45.87 0.71 34.18 12.41 0.31 Total Foreign 14.90 202.34 63.73 209.71 56.94 14.33 Major Exporters 3/ 6.54 75.50 0.26 28.33 47.30 6.67 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 0.20 8.00 0.24 5.85 2.40 0.19 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/ 14.64 245.52 65.87 243.50 68.44 14.09 World Less China 14.64 176.22 65.82 174.63 67.96 14.09 United States 0.31 47.00 0.59 35.35 12.27 0.28 Total Foreign 14.33 198.52 65.28 208.15 56.17 13.80 Major Exporters 3/ 6.67 76.04 0.79 29.16 47.74 6.60 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 0.19 6.80 0.65 6.29 0.94 0.41 Major Importers 4/ 2.00 22.60 38.09 59.91 1.13 1.67 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 17.73 21.19 0.34 0.77 China 0.00 69.30 0.06 68.87 0.48 0.00 2022/23 Proj. World 2/ Jan 13.99 256.93 65.45 252.51 69.74 14.12 Feb 14.09 254.38 65.45 250.95 69.41 13.55 World Less China Jan 13.99 181.69 65.40 177.82 69.14 14.12 Feb 14.09 179.93 65.40 176.86 69.01 13.55 United States Jan 0.28 47.94 0.54 36.02 12.43 0.32 Feb 0.28 47.75 0.54 35.83 12.43 0.32 Total Foreign Jan 13.71 208.99 64.91 216.50 57.31 13.80 Feb 13.80 206.63 64.90 215.12 56.98 13.23 Major Exporters 3/ Jan 6.94 78.24 0.12 30.15 48.40 6.75 Feb 6.60 77.73 0.12 29.87 48.40 6.18 Argentina Jan 2.80 29.64 0.00 3.35 26.50 2.59 Feb 2.80 29.09 0.00 3.35 26.20 2.34 Brazil Jan 3.40 40.68 0.02 19.85 20.70 3.55 Feb 3.40 40.88 0.02 19.85 21.00 3.44 India Jan 0.74 7.92 0.10 6.95 1.20 0.62 Feb 0.41 7.76 0.10 6.67 1.20 0.40 Major Importers 4/ Jan 1.64 22.62 38.40 59.82 1.12 1.72 Feb 1.67 22.38 38.40 59.72 1.09 1.64 European Union Jan 0.64 11.77 16.70 27.74 0.80 0.57 Feb 0.64 11.57 16.70 27.64 0.78 0.50 Mexico Jan 0.15 5.18 1.85 6.95 0.01 0.22 Feb 0.15 5.14 1.85 6.95 0.01 0.18 Southeast Asia 5/ Jan 0.74 3.79 18.00 21.44 0.31 0.78 Feb 0.77 3.79 18.00 21.44 0.31 0.82 China Jan 0.00 75.24 0.05 74.69 0.60 0.00 Feb 0.00 74.45 0.05 74.10 0.40 0.00 ================================================================================ WASDE - 633 - 30 February 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/ 5.29 59.32 11.71 58.42 12.61 5.30 World Less China 4.51 42.66 10.48 40.82 12.57 4.26 United States 0.84 11.35 0.14 10.58 0.79 0.97 Total Foreign 4.45 47.97 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/ 1.50 19.96 6.77 26.36 0.21 1.67 China 0.78 16.67 1.23 17.60 0.04 1.03 India 0.18 1.80 3.25 4.95 0.01 0.26 North Africa 5/ 0.43 0.99 1.63 2.60 0.13 0.33 2021/22 Est. World 2/ 5.30 59.02 11.45 59.16 12.14 4.47 World Less China 4.26 43.34 11.16 42.51 12.02 4.23 United States 0.97 11.86 0.14 11.26 0.80 0.90 Total Foreign 4.33 47.16 11.31 47.91 11.33 3.56 Major Exporters 3/ 1.33 20.67 0.59 12.58 8.62 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 18.89 6.57 26.13 0.28 0.72 China 1.03 15.68 0.29 16.65 0.11 0.24 India 0.26 1.53 4.23 5.83 0.02 0.18 North Africa 5/ 0.33 1.22 1.41 2.55 0.13 0.26 2022/23 Proj. World 2/ Jan 4.56 61.49 11.35 60.32 12.28 4.80 Feb 4.47 60.91 11.23 59.86 12.10 4.65 World Less China Jan 4.32 44.47 10.35 42.67 12.19 4.28 Feb 4.23 44.07 10.23 42.41 12.01 4.11 United States Jan 0.90 11.93 0.14 11.75 0.36 0.86 Feb 0.90 11.91 0.14 11.75 0.32 0.88 Total Foreign Jan 3.66 49.56 11.21 48.58 11.92 3.94 Feb 3.56 49.01 11.10 48.11 11.78 3.78 Major Exporters 3/ Jan 1.38 21.17 0.58 12.64 9.18 1.32 Feb 1.38 20.97 0.58 12.64 9.02 1.28 Argentina Jan 0.52 7.51 0.00 2.34 5.25 0.44 Feb 0.52 7.37 0.00 2.34 5.10 0.45 Brazil Jan 0.35 10.11 0.08 7.90 2.25 0.39 Feb 0.35 10.16 0.08 7.90 2.25 0.44 European Union Jan 0.46 2.83 0.50 2.33 1.08 0.38 Feb 0.46 2.78 0.50 2.33 1.08 0.33 Major Importers 4/ Jan 0.82 20.52 6.45 26.50 0.21 1.08 Feb 0.72 20.31 6.40 26.24 0.21 0.98 China Jan 0.24 17.02 1.00 17.65 0.09 0.52 Feb 0.24 16.85 1.00 17.45 0.09 0.55 India Jan 0.24 1.78 3.15 4.98 0.02 0.17 Feb 0.18 1.75 3.15 4.94 0.02 0.13 North Africa 5/ Jan 0.26 1.19 1.55 2.62 0.11 0.28 Feb 0.26 1.19 1.55 2.62 0.11 0.28 ================================================================================ WASDE - 633 - 31 February 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 7053 6919 14018 11857 1310 13306 27324 2261 56.0 Jan Est. 28302 26996 55482 46245 5223 52027 107509 9023 226.8 Feb Est. 28290 26995 55470 46201 5222 51993 107462 9009 226.6 2023 I* 6830 7010 13885 11350 1335 12815 26700 2255 56.9 II* 6595 6560 13202 11550 1380 13065 26267 2325 58.2 III* 6530 6650 13226 12000 1420 13560 26786 2375 56.8 IV* 6540 7215 13802 11800 1425 13350 27152 2430 56.4 JanProj. 26445 27480 54108 46900 5560 52985 107093 9410 229.2 FebProj. 26495 27435 54114 46700 5560 52790 106904 9385 228.3 ================================================================================ 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 Jan Est. 144.40 71.21 140.5 154.5 282.4 25.55 Feb Est. 144.40 71.21 140.5 154.5 282.4 25.56 2023 I* 158.00 58.00 122.0 171.0 292.0 22.10 II* 159.00 71.00 127.0 162.0 195.0 20.15 III* 157.00 73.00 128.0 155.0 165.0 19.65 IV* 162.00 64.00 129.0 160.0 175.0 20.85 JanProj. 158.5 68.0 128.5 160.0 205.0 21.60 FebProj. 159.0 66.5 126.5 162.0 207.0 20.70 ================================================================================ WASDE - 633 - 32 February 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. Jan 676 28370 3376 32422 3542 700 28180 59.2 Feb 676 28358 3391 32425 3536 723 28165 59.1 2023 Proj. Jan 700 26513 3400 30613 3090 640 26883 56.3 Feb 723 26563 3425 30711 3090 640 26981 56.3 Pork 2021 467 27690 1180 29337 7026 446 21865 51.1 2022 Est. Jan 446 27010 1344 28800 6334 500 21966 51.2 Feb 446 27009 1344 28799 6338 506 21955 51.1 2023 Proj. Jan 500 27495 1005 29000 6350 515 22135 51.4 Feb 506 27450 1005 28961 6350 515 22096 51.1 TotalRed Meat5/ 2021 1217 55906 4890 62014 10470 1147 50397 111.5 2022 Est. Jan 1147 55574 5075 61796 9881 1230 50685 111.8 Feb 1147 55561 5093 61801 9880 1257 50665 111.6 2023 Proj. Jan 1230 54200 4770 60199 9444 1181 49574 109.2 Feb 1257 54206 4797 60260 9446 1181 49633 108.9 Broiler 2021 830 44419 155 45403 7355 705 37343 96.5 2022 Est. Jan 705 45750 179 46634 7282 850 38502 99.3 Feb 705 45707 176 46588 7278 892 38418 98.9 2023 Proj. Jan 850 46398 180 47428 7315 830 39283 100.9 Feb 892 46200 160 47253 7315 840 39098 100.2 Turkey 2021 223 5558 22 5804 548 166 5090 15.3 2022 Est. Jan 166 5223 88 5477 405 165 4906 14.7 Feb 166 5222 85 5473 408 190 4876 14.6 2023 Proj. Jan 165 5560 120 5845 400 170 5275 15.8 Feb 190 5560 120 5870 370 185 5315 15.9 Total Poultry6/ 2021 1057 50514 180 51751 7947 874 42930 113.3 2022 Est. Jan 874 51532 274 52680 7718 1019 43943 115.6 Feb 874 51498 268 52641 7715 1087 43838 115.2 2023 Proj. Jan 1019 52483 306 53808 7739 1004 45065 118.2 Feb 1087 52290 286 53663 7701 1030 44932 117.6 RedMeat& Poultry 2021 2274 106420 5070 113765 18418 2021 93327 224.8 2022 Est. Jan 2021 107106 5349 114476 17599 2249 94628 227.4 Feb 2021 107059 5361 114442 17595 2344 94503 226.8 2023 Proj. Jan 2249 106682 5076 114007 17183 2185 94639 227.4 Feb 2344 106496 5083 113923 17147 2211 94566 226.5 ================================================================================ WASDE - 633 - 33 February 2023 U.S. Egg Supply and Use ================================================================================ 2020 2021 2022 Est. 2022 Est. 2023Proj. 2023Proj. Commodity Jan Feb Jan Feb ================================================================================ Million Dozen Eggs Supply BeginningStocks 31.6 24.5 19.1 19.1 19.0 18.8 Production 9291.8 9237.8 9022.8 9009.1 9410.0 9385.0 Imports 15.5 18.2 24.2 25.9 20.5 26.0 Total Supply 9338.9 9280.5 9066.2 9054.1 9449.5 9429.8 Use Exports 344.0 392.2 223.8 226.5 240.0 240.0 Hatching Use 1078.5 1103.9 1119.0 1118.0 1150.0 1140.0 Ending Stocks 24.5 19.1 19.0 18.8 20.0 20.0 Disappearance Total 7891.8 7765.3 7704.4 7690.9 8039.5 8029.8 Per Capita (number) 285.4 280.4 277.5 276.6 288.6 287.4 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2020 2021 2022 Est. 2022 Est. 2023Proj. 2023Proj. Commodity Jan Feb Jan Feb ================================================================================ Billion Pounds Milk Production 223.3 226.3 226.8 226.6 229.2 228.3 Farm Use 1.1 1.0 1.1 1.1 1.1 1.1 FatBasisSupply BeginningStocks 13.6 15.6 14.3 14.3 13.9 14.4 Marketings 222.2 225.2 225.8 225.6 228.2 227.3 Imports 6.8 6.5 7.3 7.1 7.2 7.3 Total Supply 242.6 247.4 247.4 247.0 249.2 248.9 FatBasisUse Exports 9.3 11.5 13.6 13.4 13.3 13.1 Ending Stocks 15.6 14.3 13.9 14.4 14.7 14.6 Domestic Use 217.8 221.5 219.8 219.2 221.3 221.2 Skim-solidBasisSupply BeginningStocks 10.2 10.9 11.1 11.1 11.6 11.8 Marketings 222.2 225.2 225.8 225.6 228.2 227.3 Imports 5.6 5.8 6.6 6.7 6.3 6.4 Total Supply 238.0 241.9 243.4 243.3 246.1 245.4 Skim-solidBasisUse Exports 47.2 50.8 52.6 52.5 52.6 52.1 Ending Stocks 10.9 11.1 11.6 11.8 11.5 12.3 Domestic Use 179.9 180.0 179.3 179.0 182.0 181.1 ================================================================================ WASDE - 633 - 34 February 2023 U.S. Dairy Prices ================================================================================ Commod- 2020 2021 2022 Est. 2022 Est. 2023 Proj. 2023 Proj. ity Jan Feb Jan Feb ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.9236 1.6755 2.1122 2.1122 1.930 1.860 Butter 1.5808 1.7325 2.8665 2.8665 2.330 2.330 Nonfat Dry Milk 1.0417 1.2693 1.6851 1.6851 1.340 1.225 Dry Whey 0.3621 0.5744 0.6035 0.6035 0.415 0.365 Milk Prices 2/ Dollars Per Cwt ClassIII 18.16 17.08 21.94 21.94 18.85 17.90 Class IV 13.49 16.09 24.47 24.47 19.25 18.25 All Milk 3/ 18.13 18.53 25.55 25.56 21.60 20.70 ================================================================================ WASDE - 633 - 35 February 2023 Reliability of February Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons WHEAT Production World 0.6 0.9 2.5 0.0 7.3 31 10 U.S. 0.2 0.3 0.1 0.0 0.3 19 11 Foreign 0.6 1.1 2.5 0.0 7.3 31 10 Exports World 4.7 7.8 4.9 0.1 18.8 30 11 U.S. 3.9 6.6 1.0 0.0 3.0 20 20 Foreign 5.6 9.5 4.7 0.5 18.4 34 7 Domestic Use World 1.1 1.8 5.0 0.1 15.6 19 22 U.S. 3.8 6.4 0.9 0.0 2.4 12 28 Foreign 1.1 1.8 4.8 0.1 15.1 23 18 Ending Stocks World 4.6 7.7 6.1 0.1 18.2 27 14 U.S. 8.2 13.8 1.3 0.0 4.5 29 12 Foreign 5.0 8.5 5.4 0.3 17.0 26 15 COARSE GRAINS 2/ Production World 1.3 2.2 11.2 0.0 36.3 33 8 U.S. 0.2 0.3 0.2 0.0 1.8 18 10 Foreign 1.8 3.1 11.3 0.0 36.3 31 9 Exports World 5.7 9.7 5.8 0.5 27.7 31 10 U.S. 10.3 17.3 4.0 0.1 12.2 22 19 Foreign 9.5 16.0 5.8 0.1 23.4 28 13 Domestic Use World 1.1 1.8 7.9 0.0 31.3 21 20 U.S. 2.8 4.7 3.9 0.0 17.3 15 25 Foreign 1.3 2.1 8.0 0.5 33.0 26 15 Ending Stocks World 10.7 17.9 14.4 0.2 139.8 36 5 U.S. 13.9 23.5 5.1 0.0 18.5 21 20 Foreign 13.1 22.1 12.5 0.8 144.0 36 5 RICE, milled Production World 1.5 2.6 4.3 0.1 14.0 32 9 U.S. 1.4 2.4 0.0 0.0 0.3 12 6 Foreign 1.5 2.6 4.3 0.1 14.0 32 9 Exports World 8.4 14.2 1.7 0.0 5.2 31 10 U.S. 7.5 12.6 0.2 0.0 0.6 20 19 Foreign 9.3 15.7 1.6 0.0 5.3 30 11 Domestic Use World 1.3 2.1 3.4 0.2 13.3 26 15 U.S. 7.1 11.9 0.2 0.0 0.5 18 23 Foreign 1.3 2.2 3.4 0.1 13.0 26 15 Ending Stocks World 9.0 15.1 5.1 0.2 27.0 32 9 U.S. 18.5 31.2 0.2 0.0 0.5 22 18 Foreign 9.2 15.4 5.1 0.0 26.9 32 8 ================================================================================ WASDE - 633 - 36 February 2023 Reliability of February Projections (Continued) 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons SOYBEANS Production World 2.7 4.5 4.4 0.4 15.3 23 18 U.S. 1.4 2.3 0.7 0.0 3.2 18 17 Foreign 4.5 7.6 4.4 0.3 14.9 25 16 Exports World 6.1 10.3 3.3 0.1 13.2 26 15 U.S. 7.1 12.0 1.8 0.2 6.7 27 14 Foreign 15.2 25.6 3.1 0.0 17.2 19 22 Domestic Use World 2.2 3.7 3.3 0.0 10.9 21 20 U.S. 3.0 5.0 1.1 0.0 3.0 27 14 Foreign 2.6 4.4 2.9 0.0 12.5 21 20 Ending Stocks World 13.9 23.4 4.1 0.0 19.3 24 17 U.S. 40.3 67.8 2.0 0.1 6.9 13 28 Foreign 15.2 25.6 3.8 0.2 19.1 27 14 COTTON Production World 2.4 4.0 1.8 0.0 5.4 29 12 U.S. 1.1 1.8 0.1 0.0 0.3 14 26 Foreign 2.8 4.8 1.8 0.1 5.7 29 12 Exports World 5.8 9.8 1.6 0.0 7.9 25 16 U.S. 9.8 16.6 0.7 0.0 2.2 22 18 Foreign 7.3 12.4 1.3 0.1 7.2 24 17 Domestic Use World 3.6 6.0 2.3 0.3 17.0 21 20 U.S. 7.6 12.8 0.2 0.0 0.9 22 16 Foreign 3.5 6.0 2.2 0.4 16.1 22 19 Ending Stocks World 9.6 16.1 3.9 0.0 17.5 25 15 U.S. 21.2 35.6 0.8 0.0 2.1 14 27 Foreign 10.3 17.3 3.7 0.1 15.6 27 14 ================================================================================ WASDE - 633 - 37 February 2023 Reliability of United States February Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Bushels CORN Production 0.2 0.3 7 0 72 2 5 Exports 10.8 18.2 145 9 388 20 21 Domestic Use 2.7 4.6 133 6 474 17 24 Ending Stocks 15.8 26.6 202 8 838 23 18 SORGHUM Production 0.1 0.2 0 0 4 0 2 Exports 16.1 27.1 27 0 97 25 14 Domestic Use 15.9 26.7 30 1 178 18 23 Ending Stocks 41.3 69.5 23 1 148 14 27 BARLEY Production 1.0 1.6 1 0 11 20 4 Exports 23.0 38.7 6 0 35 14 22 Domestic Use 7.3 12.3 15 0 70 19 20 Ending Stocks 13.7 23.1 13 0 52 25 15 OATS Production 0.4 0.7 0 0 2 5 4 Exports 49.1 82.7 1 0 3 9 8 Domestic Use 5.1 8.6 10 0 36 15 25 Ending Stocks 16.4 27.6 11 1 47 24 17 Thousand Short Tons SOYBEAN MEAL Production 3.0 5.0 871 35 3117 29 12 Exports 9.2 15.5 631 1 2626 30 11 Domestic Use 2.6 4.3 581 7 2066 25 16 Ending Stocks 34.3 57.8 66 0 253 16 23 Million Pounds SOYBEAN OIL Production 2.8 4.8 399 7 1242 27 14 Exports 23.7 39.9 317 25 1027 23 18 Domestic Use 2.9 5.0 376 0 1261 25 15 Ending Stocks 19.2 32.3 283 25 1131 24 17 ANIMAL PROD. 3/ Million Pounds Beef 2.8 4.8 581 9 1613 26 14 Pork 3.0 5.0 399 10 1717 23 17 Broilers 1.6 2.8 377 0 1225 25 14 Turkeys 3.0 5.1 127 2 465 19 21 Million Dozen Eggs 2.0 3.3 109 4 525 23 17 Billion Pounds Milk 1.3 2.2 1.6 0.1 5.7 21 19 ================================================================================