WASDE - 640 - 8 September 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/ 2021/22 2798.97 3593.34 513.58 2800.08 793.27 2022/23 (Est.) 2750.48 3543.75 495.76 2776.18 767.56 2023/24 (Proj.) Aug 2811.58 3579.82 498.07 2805.64 774.18 Sep 2801.92 3569.49 494.93 2803.72 765.77 Wheat 2021/22 781.01 1065.10 202.78 792.44 272.66 2022/23 (Est.) 790.59 1063.25 219.90 796.12 267.13 2023/24 (Proj.) Aug 793.37 1061.68 209.39 796.07 265.61 Sep 787.34 1054.47 207.34 795.86 258.61 Coarse Grains 5/ 2021/22 1504.08 1827.05 253.89 1488.88 338.17 2022/23 (Est.) 1446.32 1784.49 221.56 1456.30 328.19 2023/24 (Proj.) Aug 1497.26 1823.41 235.69 1486.62 336.79 Sep 1496.50 1824.70 235.44 1485.13 339.56 Rice, milled 2021/22 513.88 701.20 56.90 518.76 182.44 2022/23 (Est.) 513.56 696.00 54.30 523.76 172.24 2023/24 (Proj.) Aug 520.94 694.73 52.99 522.95 171.78 Sep 518.08 690.32 52.15 522.73 167.60 United States Total Grains 4/ 2021/22 448.60 513.41 94.82 360.73 57.85 2022/23 (Est.) 408.46 474.18 67.85 350.31 56.02 2023/24 (Proj.) Aug 452.48 515.79 80.24 358.97 76.58 Sep 453.31 516.70 80.40 358.94 77.37 Wheat 2021/22 44.80 70.42 21.66 29.76 19.01 2022/23 (Est.) 44.90 67.23 20.65 30.79 15.79 2023/24 (Proj.) Aug 47.20 66.52 19.05 30.73 16.75 Sep 47.20 66.52 19.05 30.73 16.75 Coarse Grains 5/ 2021/22 397.71 434.32 70.52 326.22 37.58 2022/23 (Est.) 358.47 399.34 45.16 314.90 39.27 2023/24 (Proj.) Aug 398.82 440.82 58.65 323.32 58.85 Sep 399.10 440.97 58.65 323.07 59.26 Rice, milled 2021/22 6.08 8.67 2.65 4.76 1.26 2022/23 (Est.) 5.09 7.62 2.04 4.62 0.96 2023/24 (Proj.) Aug 6.47 8.45 2.54 4.92 0.99 Sep 7.01 9.21 2.70 5.14 1.37 ================================================================================ WASDE - 640 - 9 September 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/ 2021/22 2350.38 3079.94 418.75 2439.35 735.41 2022/23 (Est.) 2342.02 3069.56 427.91 2425.87 711.54 2023/24 (Proj.) Aug 2359.10 3064.02 417.83 2446.67 697.59 Sep 2348.62 3052.78 414.53 2444.78 688.40 Wheat 2021/22 736.21 994.68 181.13 762.68 253.65 2022/23 (Est.) 745.69 996.03 199.25 765.33 251.35 2023/24 (Proj.) Aug 746.18 995.16 190.34 765.34 248.87 Sep 740.14 987.95 188.29 765.13 241.87 Coarse Grains 5/ 2021/22 1106.37 1392.73 183.38 1162.66 300.59 2022/23 (Est.) 1087.86 1385.16 176.39 1141.40 288.92 2023/24 (Proj.) Aug 1098.45 1382.59 177.04 1163.30 277.94 Sep 1097.41 1383.73 176.79 1162.07 280.31 Rice, milled 2021/22 507.80 692.53 54.25 514.00 181.18 2022/23 (Est.) 508.47 688.38 52.26 519.15 171.28 2023/24 (Proj.) Aug 514.48 686.27 50.45 518.03 170.78 Sep 511.07 681.11 49.45 517.58 166.23 ================================================================================ 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 2021/22 115.62 200.43 43.20 115.95 84.50 2022/23 (Est.) 118.70 203.20 36.98 110.91 93.18 2023/24 (Proj.) Aug 114.12 208.25 43.86 116.94 91.60 Sep 112.39 205.57 43.27 115.88 89.96 United States 2021/22 17.52 20.68 14.48 2.55 4.05 2022/23 (Est.) 14.47 18.52 12.77 2.05 4.25 2023/24 (Proj.) Aug 13.99 17.70 12.50 2.15 3.10 Sep 13.13 17.39 12.30 2.15 3.00 Foreign 4/ 2021/22 98.10 179.76 28.72 113.40 80.45 2022/23 (Est.) 104.23 184.68 24.22 108.86 88.93 2023/24 (Proj.) Aug 100.12 190.55 31.36 114.79 88.50 Sep 99.26 188.18 30.97 113.73 86.96 ================================================================================ WASDE - 640 - 10 September 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 2021/22 611.73 727.53 178.87 510.48 118.55 2022/23 (Est.) 629.66 748.21 200.91 521.02 121.59 2023/24 (Proj.) Aug 663.70 785.40 196.37 541.24 136.69 Sep 660.89 782.48 195.89 539.45 135.61 Oilmeals 2021/22 349.68 369.39 96.29 347.07 20.07 2022/23 (Est.) 354.82 374.88 96.76 353.13 17.25 2023/24 (Proj.) Aug 369.69 385.65 100.08 363.56 18.35 Sep 368.46 385.71 99.80 362.31 19.73 Vegetable Oils 2021/22 207.88 236.49 79.48 202.54 29.06 2022/23 (Est.) 216.38 245.43 88.32 210.21 30.49 2023/24 (Proj.) Aug 223.35 253.57 88.93 217.69 31.05 Sep 222.84 253.33 89.39 217.54 30.62 United States Oilseeds 2021/22 131.35 141.17 59.55 63.87 9.14 2022/23 (Est.) 125.93 136.74 55.07 64.57 8.45 2023/24 (Proj.) Aug 124.01 134.23 50.66 66.74 8.32 Sep 122.21 132.17 49.71 66.44 7.62 Oilmeals 2021/22 49.27 53.23 12.46 40.42 0.35 2022/23 (Est.) 50.09 54.63 13.29 40.94 0.40 2023/24 (Proj.) Aug 51.53 56.07 13.84 41.78 0.45 Sep 51.34 55.97 13.93 41.60 0.44 Vegetable Oils 2021/22 13.06 19.62 1.05 17.30 1.27 2022/23 (Est.) 13.28 20.60 0.34 19.03 1.23 2023/24 (Proj.) Aug 13.62 21.30 0.35 19.73 1.21 Sep 13.56 21.39 0.33 19.84 1.22 Foreign 3/ Oilseeds 2021/22 480.38 586.36 119.31 446.61 109.41 2022/23 (Est.) 503.73 611.47 145.84 456.45 113.14 2023/24 (Proj.) Aug 539.70 651.17 145.71 474.50 128.37 Sep 538.68 650.30 146.19 473.00 127.99 Oilmeals 2021/22 300.42 316.16 83.83 306.65 19.72 2022/23 (Est.) 304.72 320.25 83.47 312.19 16.85 2023/24 (Proj.) Aug 318.17 329.58 86.24 321.78 17.90 Sep 317.13 329.75 85.87 320.72 19.29 Vegetable Oils 2021/22 194.82 216.87 78.44 185.24 27.78 2022/23 (Est.) 203.10 224.84 87.99 191.17 29.27 2023/24 (Proj.) Aug 209.73 232.27 88.58 197.96 29.84 Sep 209.27 231.94 89.06 197.70 29.41 ================================================================================ WASDE - 640 - 11 September 2023 U.S. Wheat Supply and Use 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Acres Area Planted 46.7 45.7 49.8 49.8 Area Harvested 37.1 35.5 37.9 37.9 Bushels Yield per Harvested Acre 44.3 46.5 45.8 45.8 Million Bushels Beginning Stocks 845 698 580 580 Production 1646 1650 1734 1734 Imports 96 122 130 130 Supply, Total 2588 2470 2444 2444 Food 971 973 974 974 Seed 58 69 65 65 Feed and Residual 64 90 90 90 Domestic, Total 1093 1131 1129 1129 Exports 796 759 700 700 Use, Total 1889 1890 1829 1829 Ending Stocks 698 580 615 615 Avg.FarmPrice ($/bu) 2/ 7.63 8.83 7.50 7.50 ================================================================================ 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 2022/23 (Est.) Beginning Stocks 376 146 99 54 24 698 Production 531 446 337 272 64 1650 Imports 5 56 4 7 51 122 Supply, Total 3/ 911 648 439 333 139 2470 Food 374 266 163 85 85 973 Seed 29 17 15 5 2 69 Feed and Residual 53 -7 65 -20 0 90 Domestic Use 455 276 242 71 88 1131 Exports 224 214 107 190 23 759 Use, Total 679 490 349 261 111 1890 Ending Stocks, Total 232 158 90 72 28 580 2023/24 (Proj.) Beginning Stocks 232 158 90 72 28 580 Production 585 413 440 239 57 1734 Imports 15 55 5 5 50 130 Supply, Total 3/ 832 626 535 316 135 2444 Food 374 260 170 85 85 974 Seed 27 18 12 6 2 65 Feed and Residual 20 -5 80 -5 0 90 Domestic Use 421 273 262 86 87 1129 Exports 155 215 135 170 25 700 Use, Total 576 488 397 256 112 1829 Ending Stocks, Total Sep 256 138 138 60 23 615 Aug 246 148 138 60 23 615 ================================================================================ WASDE - 640 - 12 September 2023 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Acres FEED GRAINS Area Planted 105.8 100.4 106.6 107.8 Area Harvested 94.4 87.1 95.5 96.6 Metric Tons Yield per Harvested Acre 4.21 4.11 4.17 4.13 Million Metric Tons Beginning Stocks 34.0 37.6 39.4 39.2 Production 397.5 358.2 398.5 398.7 Imports 2.3 3.0 2.3 2.3 Supply, Total 433.8 398.7 440.1 440.3 Feed and Residual 148.7 141.0 146.8 146.6 Food, Seed & Industrial 177.0 173.3 175.9 175.9 Domestic, Total 325.7 314.3 322.7 322.4 Exports 70.5 45.2 58.6 58.6 Use, Total 396.2 359.5 381.3 381.1 Ending Stocks 37.6 39.2 58.8 59.2 Million Acres CORN Area Planted 93.3 88.6 94.1 94.9 Area Harvested 85.3 79.2 86.3 87.1 Bushels Yield per Harvested Acre 176.7 173.3 175.1 173.8 Million Bushels Beginning Stocks 1235 1377 1457 1452 Production 15074 13730 15111 15134 Imports 24 40 25 25 Supply, Total 16333 15147 16592 16611 Feed and Residual 5726 5425 5625 5625 Food,Seed& Industrial 2/ 6758 6605 6715 6715 Ethanol & by-products 3/ 5320 5195 5300 5300 Domestic, Total 12483 12030 12340 12340 Exports 2472 1665 2050 2050 Use, Total 14956 13695 14390 14390 Ending Stocks 1377 1452 2202 2221 Avg.FarmPrice ($/bu) 4/ 6.00 6.55 4.90 4.90 ================================================================================ WASDE - 640 - 13 September 2023 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 7.3 6.3 6.8 7.2 AreaHarvested(mil.acres) 6.5 4.6 5.9 6.3 Yield (bushels/acre) 69.0 41.1 66.2 60.9 Beginning Stocks 20 47 25 25 Production 448 188 393 381 Imports 0 0 0 0 Supply, Total 468 235 418 406 Feed and Residual 80 40 75 65 Food, Seed & Industrial 45 60 55 55 Total Domestic 125 100 130 120 Exports 296 110 255 255 Use, Total 421 210 385 375 Ending Stocks 47 25 33 31 Avg.FarmPrice ($/bu) 2/ 5.94 6.75 4.90 4.90 BARLEY AreaPlanted (mil. acres) 2.7 2.9 3.2 3.2 AreaHarvested(mil.acres) 2.0 2.4 2.4 2.4 Yield (bushels/acre) 60.3 71.7 75.1 75.1 Beginning Stocks 71 42 56 56 Production 120 174 180 180 Imports 15 24 14 14 Supply, Total 206 240 250 250 Feed and Residual 17 51 50 50 Food, Seed & Industrial 139 131 125 125 Total Domestic 157 182 175 175 Exports 7 2 3 3 Use, Total 164 184 178 178 Ending Stocks 42 56 72 72 Avg.FarmPrice ($/bu) 2/ 5.31 7.40 6.75 6.75 OATS AreaPlanted (mil. acres) 2.6 2.6 2.6 2.6 AreaHarvested(mil.acres) 0.7 0.9 0.8 0.8 Yield (bushels/acre) 61.3 64.8 61.5 61.5 Beginning Stocks 38 33 35 35 Production 40 58 49 49 Imports 81 84 80 80 Supply, Total 159 174 164 164 Feed and Residual 44 57 50 50 Food, Seed & Industrial 79 81 81 81 Total Domestic 124 138 131 131 Exports 3 2 2 2 Use, Total 126 140 133 133 Ending Stocks 33 35 31 31 Avg.FarmPrice ($/bu) 2/ 4.55 4.57 3.30 3.30 ================================================================================ WASDE - 640 - 14 September 2023 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Acres TOTAL RICE Area Planted 2.53 2.22 2.69 2.90 Area Harvested 2.49 2.17 2.65 2.85 Pounds Yield per Harvested Acre 7709 7383 7699 7751 Million Hundredweight Beginning Stocks 2/ 43.7 39.7 24.6 30.3 Production 191.6 160.4 203.6 220.9 Imports 37.8 39.9 38.0 39.0 Supply, Total 273.0 240.0 266.2 290.2 Domestic & Residual 3/ 149.8 145.4 155.0 162.0 Exports, Total 4/ 83.5 64.3 80.0 85.0 Rough 28.2 18.1 23.0 26.0 Milled (rough equiv.) 55.3 46.2 57.0 59.0 Use, Total 233.3 209.7 235.0 247.0 Ending Stocks 39.7 30.3 31.2 43.2 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 16.10 19.30 17.70 16.80 LONG GRAIN RICE Harvested Acres (mil.) 1.94 1.77 Yield (pounds/acre) 7471 7224 Beginning Stocks 29.7 24.6 16.8 21.2 Imports 30.7 31.9 31.0 32.0 Production 144.6 128.2 146.8 152.9 Supply, Total 7/ 205.0 184.7 194.6 206.1 Domestic & Residual 3/ 118.3 113.7 121.0 124.0 Exports 8/ 62.0 49.8 54.0 58.0 Use, Total 180.3 163.5 175.0 182.0 Ending Stocks 24.6 21.2 19.6 24.1 Avg.FarmPrice($/cwt) 6/ 13.60 16.80 15.50 15.00 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.55 0.40 Yield (pounds/acre) 8549 8094 Beginning Stocks 11.5 13.0 5.8 6.8 Imports 7.1 8.0 7.0 7.0 Production 47.0 32.2 56.8 68.0 Supply, Total 7/ 66.0 53.0 69.6 81.8 Domestic & Residual 3/ 31.5 31.7 34.0 38.0 Exports 8/ 21.5 14.5 26.0 27.0 Use, Total 53.0 46.2 60.0 65.0 Ending Stocks 13.0 6.8 9.6 16.8 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 26.40 29.40 24.80 22.60 California 10/ 31.90 36.00 29.00 26.00 Other States 1/ 13.90 18.20 16.00 15.50 ================================================================================ WASDE - 640 - 15 September 2023 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Acres SOYBEANS Area Planted 87.2 87.5 83.5 83.6 Area Harvested 86.3 86.3 82.7 82.8 Bushels Yield per Harvested Acre 51.7 49.5 50.9 50.1 Million Bushels Beginning Stocks 257 274 260 250 Production 4465 4276 4205 4146 Imports 16 30 30 30 Supply, Total 4738 4581 4496 4426 Crushings 2204 2220 2300 2290 Exports 2152 1990 1825 1790 Seed 102 97 101 101 Residual 6 23 25 25 Use, Total 4464 4330 4251 4206 Ending Stocks 274 250 245 220 Avg.FarmPrice ($/bu) 2/ 13.30 14.20 12.70 12.90 Million Pounds SOYBEAN OIL Beginning Stocks 2131 1991 1881 1861 Production 4/ 26155 26265 27025 26910 Imports 303 375 375 400 Supply, Total 28589 28631 29281 29171 Domestic Disappearance 24827 26400 27050 27000 Biofuel 3/ 10379 11800 12500 12500 Food, Feed & other Industrial 14449 14600 14550 14500 Exports 1771 370 400 350 Use, Total 26598 26770 27450 27350 Ending stocks 1991 1861 1831 1821 Avg. Price (c/lb) 2/ 72.98 65.50 62.00 63.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 341 311 350 350 Production 4/ 51814 52564 54175 53975 Imports 655 625 600 600 Supply, Total 52810 53500 55125 54925 Domestic Disappearance 38959 38750 39725 39425 Exports 13540 14400 15000 15100 Use, Total 52499 53150 54725 54525 Ending Stocks 311 350 400 400 Avg. Price ($/s.t.) 2/ 439.81 455.00 380.00 380.00 ================================================================================ WASDE - 640 - 16 September 2023 U.S. Sugar Supply and Use 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1705 1820 2014 2159 Production 2/ 9157 9261 9203 8981 Beet Sugar 5155 5168 5073 5223 Cane Sugar 4002 4094 4130 3758 Florida 1934 1983 2034 2034 Louisiana 1944 2034 2054 1682 Texas 124 76 42 42 Imports 3646 3738 3465 3264 TRQ 3/ 1579 1869 1604 1604 Other Program 4/ 298 200 200 200 Non-program 1769 1669 1661 1459 Mexico 1379 1219 1486 1284 High-tier tariff/other 390 450 175 175 Total Supply 14508 14819 14682 14404 Exports 29 45 35 35 Deliveries 12578 12615 12705 12655 Food 12470 12500 12600 12550 Other 5/ 107 115 105 105 Miscellaneous 81 0 0 0 Total Use 12688 12660 12740 12690 Ending Stocks 1820 2159 1942 1714 Stocks to Use Ratio 14.3 17.1 15.2 13.5 ================================================================================ 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 2022/23 Est. Aug 964 5224 200 4444 1065 880 Sep 964 5224 254 4498 1065 880 2023/24 Proj. Aug 880 5900 45 4589 1348 888 Sep 880 5800 45 4589 1248 888 ================================================================================ WASDE - 640 - 17 September 2023 U.S. Cotton Supply and Use 1/ ================================================================================ 2021/22 2022/23 Est. 2023/24 Proj. 2023/24 Proj. Item Aug Sep ================================================================================ Million Acres Planted 11.22 13.76 11.09 10.23 Harvested 10.27 7.31 8.62 8.02 Pounds Yield per Harvested Acre 819 950 779 786 Million 480 Pound Bales Beginning Stocks 3.15 4.05 3.70 4.25 Production 17.52 14.47 13.99 13.13 Imports 0.01 0.00 0.01 0.01 Supply, Total 20.68 18.52 17.70 17.39 Domestic Use 2.55 2.05 2.15 2.15 Exports, Total 14.48 12.77 12.50 12.30 Use, Total 17.03 14.82 14.65 14.45 Unaccounted 2/ -0.40 -0.55 -0.05 -0.06 Ending Stocks 4.05 4.25 3.10 3.00 Avg. Farm Price 3/ 91.4 82.0 79.0 80.0 ================================================================================ WASDE - 640 - 18 September 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 ================================================================================ 2021/22 World 3/ 284.09 781.01 199.47 161.13 792.44 202.78 272.66 World Less China 144.97 644.07 189.91 126.13 644.44 201.91 135.90 United States 23.00 44.80 2.62 1.75 29.76 21.66 19.01 Total Foreign 261.09 736.21 196.86 159.38 762.69 181.13 253.65 Major Exporters 4/ 34.88 327.13 5.79 78.40 185.70 142.40 39.71 Argentina 2.32 22.15 0.00 0.25 6.55 16.00 1.93 Australia 3.02 36.24 0.21 5.00 8.50 27.51 3.45 Canada 5.95 22.42 0.55 5.15 10.15 15.12 3.66 European Union 5/ 10.70 138.16 4.63 45.00 108.25 31.93 13.31 Russia 11.38 75.16 0.30 18.50 41.75 33.00 12.09 Ukraine 1.51 33.01 0.10 4.50 10.50 18.84 5.27 Major Importers 6/ 177.53 204.00 130.33 54.68 323.57 15.31 172.99 Bangladesh 2.14 1.09 6.34 0.55 8.25 0.00 1.31 Brazil 1.91 7.70 6.39 0.45 11.75 3.07 1.18 China 139.12 136.95 9.57 35.00 148.00 0.88 136.76 Japan 1.04 1.13 5.61 0.75 6.30 0.30 1.18 N. Africa 7/ 12.42 21.27 26.61 1.87 47.02 0.41 12.88 Nigeria 0.79 0.09 6.19 0.05 5.85 0.60 0.62 Sel. Mideast 8/ 10.13 16.47 22.76 3.88 38.77 0.75 9.84 Southeast Asia 9/ 4.45 0.00 27.03 8.50 25.63 1.23 4.62 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 2.64 7.32 15.32 0.87 1.85 2022/23 Est. World 3/ 272.66 790.59 209.54 156.11 796.12 219.90 267.13 World Less China 135.90 652.87 196.26 123.11 648.12 218.95 128.31 United States 19.01 44.90 3.32 2.46 30.79 20.65 15.79 Total Foreign 253.65 745.69 206.22 153.65 765.33 199.25 251.35 Major Exporters 4/ 39.71 334.26 13.17 75.03 182.42 160.94 43.77 Argentina 1.93 12.55 0.01 0.05 6.55 4.50 3.43 Australia 3.45 39.69 0.20 4.50 8.00 32.50 2.84 Canada 3.66 34.34 0.55 4.08 9.22 25.75 3.58 European Union 5/ 13.31 134.19 12.03 44.00 108.00 35.07 16.45 Russia 12.09 92.00 0.30 19.00 42.25 46.00 16.14 Ukraine 5.27 21.50 0.08 3.40 8.40 17.12 1.33 Major Importers 6/ 172.99 205.95 133.70 51.10 320.95 15.43 176.26 Bangladesh 1.31 1.10 5.12 0.20 6.70 0.00 0.83 Brazil 1.18 10.60 5.00 0.55 11.95 2.70 2.13 China 136.76 137.72 13.28 33.00 148.00 0.95 138.82 Japan 1.18 1.04 5.45 0.75 6.35 0.29 1.03 N. Africa 7/ 12.88 17.33 29.03 1.67 46.42 1.02 11.80 Nigeria 0.62 0.11 4.78 0.00 4.75 0.40 0.36 Sel. Mideast 8/ 9.84 17.19 24.64 3.68 39.75 0.65 11.27 Southeast Asia 9/ 4.62 0.00 24.39 7.45 24.10 1.32 3.60 Selected Other India 19.50 104.00 0.05 6.50 108.68 5.38 9.50 Kazakhstan 1.49 16.40 2.20 2.30 7.40 10.00 2.70 United Kingdom 1.85 15.54 1.95 7.00 15.00 1.85 2.49 ================================================================================ WASDE - 640 - 19 September 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 ================================================================================ 2023/24 Proj. World 3/ Aug 268.31 793.37 207.39 156.63 796.07 209.39 265.61 Sep 267.13 787.34 205.62 157.58 795.86 207.34 258.61 World Less China Aug 129.49 656.37 195.39 120.63 644.07 208.49 130.69 Sep 128.31 650.34 194.62 120.58 642.86 206.44 125.69 United States Aug 15.79 47.20 3.54 2.45 30.73 19.05 16.75 Sep 15.79 47.20 3.54 2.45 30.73 19.05 16.75 Total Foreign Aug 252.52 746.18 203.85 154.18 765.35 190.34 248.87 Sep 251.35 740.14 202.08 155.13 765.13 188.29 241.87 Major Exporters 4/ Aug 43.25 320.50 8.19 73.80 181.00 155.00 35.94 Sep 43.77 315.00 8.68 74.45 181.75 151.00 34.70 Argentina Aug 2.93 17.50 0.01 0.10 6.60 12.00 1.84 Sep 3.43 16.50 0.00 0.05 6.55 11.50 1.88 Australia Aug 2.84 29.00 0.20 4.20 7.70 21.50 2.84 Sep 2.84 26.00 0.20 3.70 7.20 19.00 2.84 Canada Aug 2.54 33.00 0.60 4.00 9.10 24.50 2.54 Sep 3.58 31.00 0.60 3.50 8.70 23.00 3.48 European Union 5/ Aug 17.16 135.00 7.00 43.00 107.50 38.50 13.16 Sep 16.45 134.00 7.50 44.00 108.50 37.50 11.95 Russia Aug 16.14 85.00 0.30 19.00 42.00 48.00 11.44 Sep 16.14 85.00 0.30 19.00 42.00 49.00 10.44 Ukraine Aug 1.65 21.00 0.08 3.50 8.10 10.50 4.13 Sep 1.33 22.50 0.08 4.20 8.80 11.00 4.11 Major Importers 6/ Aug 176.65 208.46 133.82 54.20 327.88 16.35 174.70 Sep 176.26 208.59 131.42 54.70 327.85 17.30 171.13 Bangladesh Aug 0.91 1.10 5.80 0.25 6.75 0.00 1.06 Sep 0.83 1.10 5.80 0.25 6.75 0.00 0.98 Brazil Aug 2.13 10.30 5.60 0.60 12.10 3.50 2.43 Sep 2.13 10.30 5.60 0.60 12.10 3.50 2.43 China Aug 138.82 137.00 12.00 36.00 152.00 0.90 134.92 Sep 138.82 137.00 11.00 37.00 153.00 0.90 132.92 Japan Aug 1.03 1.17 5.60 0.75 6.35 0.30 1.15 Sep 1.03 1.17 5.60 0.75 6.35 0.30 1.15 N. Africa 7/ Aug 12.26 16.73 31.60 1.75 47.70 0.60 12.29 Sep 11.80 16.73 31.10 1.75 47.30 0.90 11.43 Nigeria Aug 0.33 0.12 5.30 0.00 5.00 0.50 0.25 Sep 0.36 0.12 5.30 0.00 5.00 0.50 0.28 Sel. Mideast 8/ Aug 11.43 19.18 23.22 3.60 40.50 0.58 12.75 Sep 11.27 19.18 23.22 3.60 40.50 0.63 12.54 Southeast Asia 9/ Aug 3.21 0.00 25.50 7.45 24.33 1.13 3.26 Sep 3.60 0.00 24.60 6.95 23.70 1.13 3.37 India Aug 9.50 113.50 0.10 5.50 108.10 1.00 14.00 Sep 9.50 113.50 0.10 5.50 108.10 1.00 14.00 Kazakhstan Aug 3.00 15.00 2.00 2.00 7.30 9.50 3.20 Sep 2.70 15.00 2.50 2.00 7.10 10.50 2.60 United Kingdom Aug 2.49 15.50 1.70 7.30 15.40 1.90 2.39 Sep 2.49 14.75 2.00 7.10 15.20 1.90 2.14 ================================================================================ WASDE - 640 - 20 September 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 ================================================================================ 2021/22 World 3/ 322.97 1504.08 230.09 908.27 1488.88 253.89 338.17 World Less China 115.52 1223.23 188.59 680.44 1168.85 253.89 128.40 United States 34.01 397.71 2.59 148.76 326.22 70.52 37.58 Total Foreign 288.96 1106.37 227.50 759.50 1162.66 183.38 300.59 Major Exporters 4/ 19.41 332.81 9.77 138.96 185.33 149.23 27.43 Argentina 2.06 59.16 0.01 12.32 18.14 40.29 2.79 Australia 2.98 19.22 0.00 5.89 7.76 10.83 3.61 Brazil 4.60 120.62 3.25 63.59 75.68 48.30 4.50 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 10.43 13.56 32.93 8.69 Major Importers 5/ 36.04 248.20 138.71 285.32 369.66 15.33 37.96 European Union 6/ 14.51 154.80 21.30 117.48 158.27 13.76 18.58 Japan 1.63 0.24 16.51 13.09 16.82 0.00 1.56 Mexico 3.60 32.79 18.56 31.05 50.77 0.25 3.93 N. Afr & Mideast 7/ 6.97 29.05 40.50 60.81 69.40 0.69 6.43 Saudi Arabia 1.33 0.15 8.28 8.02 8.35 0.00 1.41 Southeast Asia 8/ 5.22 30.90 17.31 41.11 49.48 0.64 3.31 South Korea 2.04 0.19 11.62 9.26 11.78 0.00 2.07 Selected Other China 207.46 280.85 41.50 227.83 320.03 0.01 209.77 2022/23 Est. World 3/ 338.17 1446.32 215.22 891.88 1456.30 221.56 328.19 World Less China 128.40 1160.82 183.27 662.25 1135.48 221.51 121.85 United States 37.58 358.47 3.29 141.10 314.90 45.16 39.27 Total Foreign 300.59 1087.86 211.93 750.78 1141.40 176.39 288.92 Major Exporters 4/ 27.43 328.40 4.48 137.56 186.16 147.27 26.88 Argentina 2.79 42.01 0.01 9.80 15.88 26.80 2.13 Australia 3.61 18.66 0.00 6.42 8.30 10.49 3.49 Brazil 4.50 141.60 1.87 66.55 80.14 57.03 10.80 Canada 3.71 30.54 2.35 16.82 24.93 7.89 3.77 Russia 1.85 44.13 0.10 23.78 33.25 10.52 2.32 Ukraine 8.69 33.93 0.02 6.70 9.67 30.74 2.23 Major Importers 5/ 37.96 229.67 138.71 277.85 360.66 12.53 33.15 European Union 6/ 18.58 132.92 26.84 113.26 153.08 10.70 14.56 Japan 1.56 0.25 16.62 13.20 16.90 0.00 1.52 Mexico 3.93 33.80 18.48 32.18 51.85 0.20 4.17 N. Afr & Mideast 7/ 6.43 31.39 34.35 57.23 65.26 0.76 6.16 Saudi Arabia 1.41 0.14 7.91 7.91 8.25 0.00 1.21 Southeast Asia 8/ 3.31 30.93 18.40 40.20 48.70 0.87 3.07 South Korea 2.07 0.16 11.74 9.55 12.06 0.00 1.91 Selected Other China 209.77 285.50 31.95 229.63 320.83 0.05 206.35 ================================================================================ WASDE - 640 - 21 September 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 ================================================================================ 2023/24 Proj. World 3/ Aug 326.14 1497.26 226.10 914.21 1486.62 235.69 336.79 Sep 328.19 1496.50 225.96 912.72 1485.13 235.44 339.56 World Less China Aug 120.30 1211.96 186.70 676.81 1157.97 235.66 134.92 Sep 121.85 1211.20 186.66 675.42 1156.58 235.41 137.19 United States Aug 39.40 398.82 2.60 146.99 323.32 58.65 58.85 Sep 39.27 399.10 2.60 146.73 323.07 58.65 59.26 Total Foreign Aug 286.75 1098.45 223.50 767.22 1163.30 177.04 277.94 Sep 288.92 1097.41 223.37 765.99 1162.07 176.79 280.31 Major Exporters 4/ Aug 26.25 330.10 4.09 138.79 188.14 148.20 24.10 Sep 26.88 329.42 4.11 137.94 187.40 147.95 25.06 Argentina Aug 2.54 63.38 0.01 11.51 17.62 45.70 2.61 Sep 2.13 63.38 0.01 11.51 17.72 45.70 2.09 Australia Aug 3.51 13.74 0.00 5.76 7.64 7.61 2.00 Sep 3.49 13.34 0.00 5.71 7.59 7.46 1.78 Brazil Aug 9.50 134.33 1.70 68.28 83.31 55.03 7.19 Sep 10.80 134.33 1.70 68.28 83.31 55.03 8.49 Canada Aug 4.09 27.91 2.25 16.57 24.51 6.18 3.55 Sep 3.77 26.71 2.25 15.57 23.51 5.88 3.33 Russia Aug 2.32 39.40 0.10 21.85 31.15 8.91 1.77 Sep 2.32 39.80 0.10 22.05 31.35 9.11 1.77 Ukraine Aug 2.15 33.97 0.00 7.41 9.99 21.37 4.77 Sep 2.23 34.47 0.02 7.41 9.99 21.37 5.36 Major Importers 5/ Aug 32.08 235.46 142.13 283.31 367.11 12.28 30.30 Sep 33.15 235.01 142.08 282.91 366.71 12.28 31.26 European Union 6/ Aug 14.38 136.45 25.98 112.61 152.86 10.59 13.35 Sep 14.56 136.10 25.98 112.26 152.51 10.59 13.53 Japan Aug 1.52 0.25 17.01 13.34 17.24 0.00 1.54 Sep 1.52 0.25 17.01 13.34 17.24 0.00 1.54 Mexico Aug 3.33 33.24 18.78 32.55 52.37 0.30 2.68 Sep 4.17 33.24 18.73 32.50 52.32 0.30 3.52 N. Afr & Mideast 7/ Aug 6.14 33.92 36.17 61.38 69.58 0.77 5.88 Sep 6.16 33.92 36.17 61.38 69.58 0.77 5.91 Saudi Arabia Aug 1.21 0.15 8.81 8.62 8.96 0.00 1.21 Sep 1.21 0.15 8.81 8.62 8.96 0.00 1.21 Southeast Asia 8/ Aug 3.05 31.21 18.81 40.75 49.30 0.61 3.14 Sep 3.07 31.11 18.81 40.75 49.30 0.61 3.07 South Korea Aug 1.91 0.16 11.91 9.54 12.03 0.00 1.95 Sep 1.91 0.16 11.91 9.54 12.03 0.00 1.95 China Aug 205.85 285.30 39.40 237.40 328.65 0.03 201.87 Sep 206.35 285.30 39.30 237.30 328.55 0.03 202.37 ================================================================================ WASDE - 640 - 22 September 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 ================================================================================ 2021/22 World 3/ 292.88 1218.71 184.44 745.22 1201.06 206.59 310.54 World Less China 87.18 946.16 162.55 536.22 910.06 206.59 101.40 United States 31.36 382.89 0.62 145.43 317.09 62.80 34.98 Total Foreign 261.52 835.82 183.82 599.78 883.97 143.79 275.56 Major Exporters 4/ 9.04 238.99 2.67 93.66 116.86 117.60 16.24 Argentina 1.18 49.50 0.01 10.10 14.20 34.69 1.80 Brazil 4.15 116.00 2.60 59.50 70.50 48.28 3.97 Russia 0.75 15.23 0.05 10.00 11.10 4.00 0.93 South Africa 2.12 16.14 0.00 6.86 12.66 3.65 1.95 Ukraine 0.83 42.13 0.02 7.20 8.40 26.98 7.59 Major Importers 5/ 21.63 136.75 94.26 165.82 222.25 6.92 23.47 Egypt 1.36 7.44 9.76 14.50 17.00 0.00 1.56 European Union 6/ 7.83 71.52 19.74 60.00 81.70 6.03 11.36 Japan 1.39 0.01 15.00 11.70 15.04 0.00 1.36 Mexico 3.08 26.76 17.57 25.80 44.00 0.25 3.16 Southeast Asia 7/ 5.21 30.85 16.13 40.10 48.25 0.64 3.30 South Korea 2.02 0.09 11.51 9.22 11.56 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 2022/23 Est. World 3/ 310.54 1155.62 175.60 730.64 1166.69 181.66 299.47 World Less China 101.40 878.42 157.10 512.64 867.69 181.64 93.65 United States 34.98 348.75 1.02 137.80 305.58 42.29 36.87 Total Foreign 275.56 806.87 174.58 592.84 861.12 139.37 262.60 Major Exporters 4/ 16.24 230.93 1.38 90.40 115.40 117.60 15.55 Argentina 1.80 34.00 0.01 7.50 11.70 23.00 1.11 Brazil 3.97 137.00 1.30 62.50 75.00 57.00 10.27 Russia 0.93 15.83 0.05 9.00 10.10 5.80 0.91 South Africa 1.95 17.10 0.00 7.40 13.40 3.80 1.85 Ukraine 7.59 27.00 0.02 4.00 5.20 28.00 1.41 Major Importers 5/ 23.47 118.73 94.80 157.60 213.10 4.87 19.03 Egypt 1.56 7.44 5.20 10.20 12.70 0.00 1.50 European Union 6/ 11.36 52.23 24.50 56.50 77.10 3.80 7.19 Japan 1.36 0.01 15.00 11.70 15.00 0.00 1.37 Mexico 3.16 28.00 17.50 26.70 45.00 0.20 3.46 Southeast Asia 7/ 3.30 30.88 16.70 38.70 46.95 0.87 3.06 South Korea 2.06 0.09 11.60 9.50 11.85 0.00 1.90 Selected Other Canada 2.75 14.54 2.30 9.30 15.10 2.80 1.69 China 209.14 277.20 18.50 218.00 299.00 0.02 205.82 ================================================================================ WASDE - 640 - 23 September 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 ================================================================================ 2023/24 Proj. World 3/ Aug 297.92 1213.50 187.11 756.69 1200.37 196.19 311.05 Sep 299.47 1214.29 187.12 756.10 1199.77 196.19 313.99 World Less China Aug 92.60 936.50 164.11 533.69 896.37 196.17 109.75 Sep 93.65 937.29 164.12 533.10 895.77 196.17 112.19 United States Aug 37.00 383.83 0.64 142.88 313.45 52.07 55.94 Sep 36.87 384.42 0.64 142.88 313.45 52.07 56.40 Total Foreign Aug 260.92 829.67 186.47 613.81 886.92 144.12 255.11 Sep 262.60 829.87 186.48 613.22 886.32 144.12 257.58 Major Exporters 4/ Aug 14.63 241.90 1.26 94.10 120.40 122.60 14.79 Sep 15.55 242.40 1.28 94.10 120.50 122.60 16.13 Argentina Aug 1.51 54.00 0.01 9.30 13.50 40.50 1.51 Sep 1.11 54.00 0.01 9.30 13.60 40.50 1.01 Brazil Aug 8.97 129.00 1.20 63.50 77.50 55.00 6.67 Sep 10.27 129.00 1.20 63.50 77.50 55.00 7.97 Russia Aug 0.91 14.60 0.05 9.50 10.60 4.20 0.76 Sep 0.91 14.60 0.05 9.50 10.60 4.20 0.76 South Africa Aug 1.85 16.80 0.00 7.30 13.30 3.40 1.95 Sep 1.85 16.80 0.00 7.30 13.30 3.40 1.95 Ukraine Aug 1.39 27.50 0.00 4.50 5.50 19.50 3.89 Sep 1.41 28.00 0.02 4.50 5.50 19.50 4.43 Major Importers 5/ Aug 18.20 126.05 99.35 164.70 220.85 5.01 17.74 Sep 19.03 125.65 99.35 164.40 220.55 5.01 18.46 Egypt Aug 1.50 7.60 7.50 12.70 15.20 0.00 1.40 Sep 1.50 7.60 7.50 12.70 15.20 0.00 1.40 European Union 6/ Aug 7.19 59.70 24.00 58.60 79.50 4.10 7.29 Sep 7.19 59.40 24.00 58.30 79.20 4.10 7.29 Japan Aug 1.37 0.01 15.50 12.00 15.50 0.00 1.39 Sep 1.37 0.01 15.50 12.00 15.50 0.00 1.39 Mexico Aug 2.66 27.40 18.00 27.30 45.70 0.30 2.06 Sep 3.46 27.40 18.00 27.30 45.70 0.30 2.86 Southeast Asia 7/ Aug 3.04 31.16 17.95 40.10 48.40 0.61 3.14 Sep 3.06 31.06 17.95 40.10 48.40 0.61 3.06 South Korea Aug 1.90 0.09 11.80 9.50 11.85 0.00 1.94 Sep 1.90 0.09 11.80 9.50 11.85 0.00 1.94 Canada Aug 2.19 15.30 2.20 10.10 15.70 1.80 2.19 Sep 1.69 15.30 2.20 9.70 15.20 1.80 2.19 China Aug 205.32 277.00 23.00 223.00 304.00 0.02 201.30 Sep 205.82 277.00 23.00 223.00 304.00 0.02 201.80 ================================================================================ WASDE - 640 - 24 September 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 ================================================================================ 2021/22 World 3/ 187.31 513.88 54.42 518.76 56.90 182.44 World Less China 70.81 364.89 48.47 362.40 54.82 69.44 United States 1.39 6.08 1.20 4.76 2.65 1.26 Total Foreign 185.93 507.80 53.22 514.00 54.25 181.18 Major Exporters 4/ 46.82 197.74 1.76 158.90 43.91 43.51 Burma 1.31 12.40 0.00 10.50 2.34 0.88 India 37.00 129.47 0.00 110.45 22.03 34.00 Pakistan 1.89 9.32 0.01 3.75 4.82 2.65 Thailand 3.98 19.88 0.05 12.70 7.68 3.53 Vietnam 2.64 26.67 1.70 21.50 7.05 2.46 Major Importers 5/ 126.78 242.00 22.43 263.11 2.54 125.55 China 116.50 148.99 5.95 156.36 2.08 113.00 European Union 6/ 0.68 1.73 2.41 3.50 0.41 0.91 Indonesia 3.06 34.40 0.74 35.30 0.00 2.90 Nigeria 1.69 5.26 2.45 7.35 0.00 2.05 Philippines 2.36 12.54 3.60 15.40 0.00 3.10 Sel. Mideast 7/ 0.91 2.15 4.32 6.15 0.00 1.22 Selected Other Brazil 1.17 7.34 0.93 7.15 1.39 0.90 C. Amer & Carib 8/ 0.57 1.62 1.68 3.27 0.04 0.57 Egypt 1.16 2.90 0.61 4.05 0.01 0.61 Japan 1.94 7.64 0.69 8.20 0.12 1.95 Mexico 0.20 0.18 0.74 0.97 0.01 0.14 South Korea 1.02 3.88 0.44 3.95 0.05 1.33 2022/23 Est. World 3/ 182.44 513.56 53.67 523.76 54.30 172.24 World Less China 69.44 367.62 49.28 368.77 52.57 65.64 United States 1.26 5.09 1.27 4.62 2.04 0.96 Total Foreign 181.18 508.47 52.40 519.15 52.26 171.28 Major Exporters 4/ 43.51 201.21 1.56 163.90 42.60 39.78 Burma 0.88 11.80 0.00 10.20 1.40 1.08 India 34.00 136.00 0.00 116.00 21.00 33.00 Pakistan 2.65 5.50 0.01 3.60 3.70 0.86 Thailand 3.53 20.91 0.05 12.70 8.50 3.29 Vietnam 2.46 27.00 1.50 21.40 8.00 1.56 Major Importers 5/ 125.55 238.75 21.91 263.89 2.17 120.14 China 113.00 145.95 4.38 154.99 1.74 106.60 European Union 6/ 0.91 1.34 2.50 3.50 0.40 0.85 Indonesia 2.90 34.00 2.00 35.40 0.00 3.50 Nigeria 2.05 5.36 2.10 7.50 0.00 2.00 Philippines 3.10 12.63 3.75 16.00 0.00 3.48 Sel. Mideast 7/ 1.22 2.02 4.50 6.35 0.00 1.39 Selected Other Brazil 0.90 7.00 0.90 6.90 1.20 0.70 C. Amer & Carib 8/ 0.57 1.54 1.94 3.34 0.05 0.65 Egypt 0.61 3.60 0.45 4.00 0.01 0.66 Japan 1.95 7.48 0.69 8.20 0.12 1.80 Mexico 0.14 0.14 0.80 0.98 0.01 0.10 South Korea 1.33 3.76 0.38 4.00 0.06 1.42 ================================================================================ WASDE - 640 - 25 September 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 ================================================================================ 2023/24 Proj. World 3/ Aug 173.79 520.94 50.64 522.95 52.99 171.78 Sep 172.24 518.08 49.81 522.73 52.15 167.60 World Less China Aug 67.19 371.94 46.64 370.95 50.99 66.18 Sep 65.64 369.08 46.31 370.73 50.15 62.50 United States Aug 0.78 6.47 1.21 4.92 2.54 0.99 Sep 0.96 7.01 1.24 5.14 2.70 1.37 Total Foreign Aug 173.01 514.48 49.44 518.03 50.45 170.78 Sep 171.28 511.07 48.57 517.58 49.45 166.23 Major Exporters 4/ Aug 41.47 202.20 1.46 163.00 40.80 41.33 Sep 39.78 199.50 1.46 163.25 39.80 37.69 Burma Aug 0.68 12.50 0.00 10.30 2.10 0.79 Sep 1.08 12.00 0.00 10.25 1.80 1.04 India Aug 36.00 134.00 0.00 115.00 19.00 36.00 Sep 33.00 132.00 0.00 115.50 17.50 32.00 Pakistan Aug 0.86 9.00 0.01 3.70 4.90 1.26 Sep 0.86 9.00 0.01 3.70 5.00 1.16 Thailand Aug 2.38 19.70 0.05 12.50 7.50 2.13 Sep 3.29 19.50 0.05 12.50 8.00 2.34 Vietnam Aug 1.56 27.00 1.40 21.50 7.30 1.16 Sep 1.56 27.00 1.40 21.30 7.50 1.16 Major Importers 5/ Aug 120.09 242.95 19.95 262.10 2.46 118.44 Sep 120.14 242.25 19.45 261.65 2.46 117.74 China Aug 106.60 149.00 4.00 152.00 2.00 105.60 Sep 106.60 149.00 3.50 152.00 2.00 105.10 European Union 6/ Aug 0.85 1.43 2.40 3.50 0.40 0.77 Sep 0.85 1.43 2.40 3.50 0.40 0.77 Indonesia Aug 3.45 34.45 0.70 35.20 0.00 3.40 Sep 3.50 34.45 0.70 35.25 0.00 3.40 Nigeria Aug 2.00 5.23 2.20 7.60 0.00 1.83 Sep 2.00 5.23 2.00 7.60 0.00 1.63 Philippines Aug 3.48 12.60 3.80 16.40 0.00 3.48 Sep 3.48 12.60 3.80 16.40 0.00 3.48 Sel. Mideast 7/ Aug 1.39 2.12 4.50 6.65 0.00 1.36 Sep 1.39 2.02 4.60 6.65 0.00 1.36 Brazil Aug 0.70 6.80 0.95 6.80 1.00 0.65 Sep 0.70 6.80 0.95 6.80 1.00 0.65 C. Amer & Carib 8/ Aug 0.58 1.52 1.83 3.30 0.04 0.59 Sep 0.65 1.53 1.83 3.33 0.04 0.65 Egypt Aug 0.66 3.78 0.35 4.10 0.01 0.68 Sep 0.66 3.78 0.35 4.10 0.01 0.68 Japan Aug 1.80 7.45 0.69 8.20 0.12 1.61 Sep 1.80 7.45 0.69 8.20 0.12 1.61 Mexico Aug 0.09 0.17 0.85 1.00 0.01 0.10 Sep 0.10 0.17 0.85 1.00 0.01 0.10 South Korea Aug 1.42 3.60 0.42 4.00 0.06 1.39 Sep 1.42 3.61 0.42 4.00 0.06 1.40 ================================================================================ WASDE - 640 - 26 September 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 ================================================================================ 2021/22 World 84.81 115.62 42.62 115.95 43.20 -0.60 84.50 World Less China 47.52 88.82 34.78 82.20 43.08 -0.60 46.44 United States 3.15 17.52 0.01 2.55 14.48 -0.40 4.05 Total Foreign 81.66 98.10 42.62 113.40 28.72 -0.20 80.45 Major Exporters 4/ 32.85 55.41 1.60 34.29 24.45 -0.20 31.31 Central Asia 5/ 3.03 5.09 0.06 4.28 1.50 0.00 2.39 Afr. Fr. Zone 6/ 1.68 5.98 3/ 0.10 6.44 -0.01 1.13 S. Hemis. 7/ 15.83 19.53 0.19 4.46 12.42 -0.19 18.86 Australia 2.51 5.85 3/ 0.01 3.58 -0.19 4.96 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/ 46.49 39.65 38.69 75.17 2.95 0.00 46.71 Mexico 0.44 1.22 0.96 1.90 0.40 0.00 0.32 China 37.29 26.80 7.84 33.75 0.12 0.00 38.06 European Union 9/ 0.37 1.67 0.64 0.62 1.77 0.00 0.30 Turkey 1.76 3.80 5.52 8.60 0.57 0.00 1.92 Pakistan 2.18 6.00 4.50 10.70 0.05 0.00 1.93 Indonesia 0.50 3/ 2.58 2.60 0.01 0.00 0.46 Thailand 0.13 3/ 0.75 0.74 0.00 0.00 0.15 Bangladesh 2.48 0.15 8.20 8.50 0.00 0.00 2.33 Vietnam 1.09 3/ 6.63 6.70 0.00 0.00 1.02 2022/23 Est. World 84.50 118.70 37.15 110.91 36.98 -0.72 93.18 World Less China 46.44 88.00 30.91 73.41 36.89 -0.72 55.78 United States 4.05 14.47 3/ 2.05 12.77 -0.55 4.25 Total Foreign 80.45 104.23 37.14 108.86 24.22 -0.18 88.93 Major Exporters 4/ 31.31 58.21 2.25 32.17 19.91 -0.19 39.88 Central Asia 5/ 2.39 5.63 0.03 3.84 1.08 0.00 3.13 Afr. Fr. Zone 6/ 1.13 4.02 3/ 0.10 3.89 0.00 1.16 S. Hemis. 7/ 18.86 22.01 0.14 4.28 13.34 -0.19 23.59 Australia 4.96 5.80 3/ 0.01 6.16 -0.19 4.78 Brazil 11.84 14.40 0.01 3.20 6.66 0.00 16.39 India 8.60 26.00 1.75 23.50 1.15 0.00 11.70 Major Importers 8/ 46.71 42.88 32.42 72.89 2.98 0.02 46.12 Mexico 0.32 1.58 0.70 1.75 0.40 0.00 0.45 China 38.06 30.70 6.23 37.50 0.09 0.00 37.40 European Union 9/ 0.30 1.64 0.54 0.56 1.50 0.00 0.42 Turkey 1.92 4.90 4.19 7.50 0.86 0.02 2.63 Pakistan 1.93 3.90 4.50 8.70 0.10 0.00 1.53 Indonesia 0.46 3/ 1.66 1.75 0.02 0.00 0.36 Thailand 0.15 3/ 0.66 0.68 0.00 0.00 0.14 Bangladesh 2.33 0.15 6.55 7.10 0.00 0.00 1.93 Vietnam 1.02 3/ 6.47 6.45 0.00 0.00 1.05 ================================================================================ WASDE - 640 - 27 September 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 ================================================================================ 2023/24 Proj. World Aug 94.13 114.12 43.88 116.94 43.86 -0.25 91.60 Sep 93.18 112.39 43.27 115.88 43.27 -0.26 89.96 World Less China Aug 55.77 87.12 33.88 79.44 43.76 -0.25 53.83 Sep 55.78 85.39 33.27 78.38 43.17 -0.26 53.16 United States Aug 3.70 13.99 0.01 2.15 12.50 -0.05 3.10 Sep 4.25 13.13 0.01 2.15 12.30 -0.06 3.00 Total Foreign Aug 90.43 100.12 43.88 114.79 31.36 -0.20 88.50 Sep 88.93 99.26 43.27 113.73 30.97 -0.20 86.96 Major Exporters 4/ Aug 39.43 57.07 2.17 33.71 27.28 -0.20 37.88 Sep 39.88 56.61 1.97 33.21 27.14 -0.20 38.31 Central Asia 5/ Aug 3.29 5.19 0.10 4.19 1.38 0.00 3.01 Sep 3.13 5.19 0.10 4.19 1.38 0.00 2.85 Afr. Fr. Zone 6/ Aug 1.13 5.32 3/ 0.10 5.00 0.00 1.36 Sep 1.16 4.92 3/ 0.10 4.73 0.00 1.25 S. Hemis. 7/ Aug 23.00 20.48 0.17 4.40 18.23 -0.20 21.22 Sep 23.59 21.03 0.17 4.40 18.64 -0.20 21.95 Australia Aug 4.74 5.40 3/ 0.01 5.90 -0.20 4.43 Sep 4.78 5.40 3/ 0.01 5.80 -0.20 4.57 Brazil Aug 15.89 13.25 0.02 3.30 11.25 0.00 14.61 Sep 16.39 13.80 0.02 3.30 11.80 0.00 15.11 India Aug 11.70 25.50 1.50 24.50 2.20 0.00 12.00 Sep 11.70 25.00 1.30 24.00 2.00 0.00 12.00 Major Importers 8/ Aug 48.09 39.91 39.24 77.00 2.54 0.00 47.70 Sep 46.12 39.51 38.83 76.44 2.29 0.00 45.73 Mexico Aug 0.50 1.28 1.00 1.95 0.40 0.00 0.42 Sep 0.45 1.10 1.00 1.80 0.30 0.00 0.45 China Aug 38.36 27.00 10.00 37.50 0.10 0.00 37.76 Sep 37.40 27.00 10.00 37.50 0.10 0.00 36.80 European Union 9/ Aug 0.42 1.48 0.59 0.61 1.47 0.00 0.41 Sep 0.42 1.25 0.59 0.61 1.29 0.00 0.35 Turkey Aug 3.53 3.50 4.40 8.00 0.50 0.00 2.93 Sep 2.63 3.50 4.40 8.00 0.50 0.00 2.03 Pakistan Aug 1.55 6.50 4.20 10.00 0.05 0.00 2.20 Sep 1.53 6.50 4.20 10.00 0.08 0.00 2.15 Indonesia Aug 0.35 3/ 2.30 2.20 0.01 0.00 0.45 Sep 0.36 3/ 2.30 2.20 0.01 0.00 0.46 Thailand Aug 0.15 3/ 0.74 0.74 0.00 0.00 0.16 Sep 0.14 3/ 0.73 0.73 0.00 0.00 0.14 Bangladesh Aug 1.98 0.16 8.00 8.00 0.00 0.00 2.14 Sep 1.93 0.16 7.70 7.70 0.00 0.00 2.09 Vietnam Aug 1.03 3/ 7.00 7.00 0.00 0.00 1.03 Sep 1.05 3/ 6.90 6.90 0.00 0.00 1.05 ================================================================================ WASDE - 640 - 28 September 2023 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2021/22 World 2/ 100.25 360.14 156.59 314.45 364.01 153.89 99.09 World Less China 69.39 343.75 65.04 226.55 255.62 153.79 68.77 United States 6.99 121.53 0.43 59.98 62.92 58.57 7.47 Total Foreign 93.26 238.62 156.16 254.47 301.09 95.32 91.62 Major Exporters 3/ 55.39 181.82 4.43 91.83 102.47 87.25 51.93 Argentina 25.06 43.90 3.84 38.83 46.04 2.86 23.90 Brazil 29.58 130.50 0.54 50.71 53.96 79.06 27.60 Paraguay 0.48 4.18 0.04 2.20 2.25 2.27 0.18 Major Importers 4/ 34.24 20.29 123.78 116.74 144.71 0.42 33.18 China 30.86 16.40 91.56 87.90 108.39 0.10 30.32 European Union 1.56 2.83 14.55 15.40 16.97 0.29 1.68 Southeast Asia 5/ 1.19 0.53 8.26 4.45 9.33 0.02 0.63 Mexico 0.46 0.29 5.96 6.35 6.40 0.00 0.30 2022/23 Est. World 2/ 99.09 370.11 167.27 311.72 363.40 170.08 102.99 World Less China 68.77 349.83 65.27 218.72 248.70 169.99 65.19 United States 7.47 116.38 0.82 60.42 63.70 54.16 6.81 Total Foreign 91.62 253.73 166.45 251.30 299.70 115.93 96.18 Major Exporters 3/ 51.93 190.75 9.46 86.38 96.68 105.58 49.88 Argentina 23.90 25.00 9.20 30.25 36.50 4.00 17.60 Brazil 27.60 156.00 0.15 53.00 56.80 95.00 31.95 Paraguay 0.18 9.05 0.01 3.05 3.18 5.80 0.26 Major Importers 4/ 33.18 23.74 134.31 120.81 150.13 0.34 40.75 China 30.32 20.28 102.00 93.00 114.70 0.10 37.80 European Union 1.68 2.55 13.60 14.50 16.08 0.23 1.53 Southeast Asia 5/ 0.63 0.49 8.81 4.21 9.13 0.02 0.79 Mexico 0.30 0.18 6.40 6.50 6.55 0.00 0.33 2023/24 Proj. World 2/ Aug 103.09 402.79 166.25 329.53 383.94 168.77 119.40 Sep 102.99 401.33 165.97 327.74 382.62 168.42 119.25 World Less China Aug 66.32 382.29 67.25 234.53 265.94 168.67 81.23 Sep 65.19 380.83 65.97 231.74 263.62 168.32 80.05 United States Aug 7.08 114.45 0.82 62.60 66.01 49.67 6.67 Sep 6.81 112.84 0.82 62.32 65.76 48.72 5.99 Total Foreign Aug 96.00 288.33 165.43 266.94 317.93 119.11 112.73 Sep 96.18 288.49 165.16 265.42 316.86 119.70 113.26 Major Exporters 3/ Aug 50.98 223.90 6.18 95.60 106.54 109.50 65.03 Sep 49.88 223.90 6.18 93.85 105.34 110.00 64.63 Argentina Aug 17.70 48.00 5.70 36.25 42.95 4.60 23.85 Sep 17.60 48.00 5.70 34.50 41.75 4.60 24.95 Brazil Aug 32.95 163.00 0.45 55.75 59.70 96.50 40.20 Sep 31.95 163.00 0.45 55.75 59.70 97.00 38.70 Paraguay Aug 0.26 10.00 0.02 3.50 3.65 6.00 0.63 Sep 0.26 10.00 0.02 3.50 3.65 6.00 0.63 Major Importers 4/ Aug 39.72 24.48 133.19 124.41 155.38 0.42 41.59 Sep 40.75 24.51 133.59 125.13 156.01 0.42 42.43 China Aug 36.77 20.50 99.00 95.00 118.00 0.10 38.17 Sep 37.80 20.50 100.00 96.00 119.00 0.10 39.20 European Union Aug 1.61 3.02 14.10 15.15 16.74 0.30 1.68 Sep 1.53 3.05 13.80 15.00 16.59 0.30 1.49 Southeast Asia 5/ Aug 0.71 0.47 10.24 5.16 10.41 0.02 1.00 Sep 0.79 0.47 9.94 5.03 10.18 0.02 1.00 Mexico Aug 0.33 0.24 6.40 6.50 6.56 0.00 0.41 Sep 0.33 0.24 6.40 6.50 6.56 0.00 0.41 ================================================================================ WASDE - 640 - 29 September 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 ================================================================================ 2021/22 World 2/ 16.13 246.71 67.16 244.79 68.84 16.38 World Less China 15.34 177.10 67.10 175.16 68.35 16.03 United States 0.31 47.01 0.59 35.34 12.28 0.28 Total Foreign 15.82 199.71 66.57 209.44 56.56 16.09 Major Exporters 3/ 6.54 76.39 0.79 29.15 47.74 6.84 Argentina 2.29 30.29 0.14 3.33 26.59 2.80 Brazil 4.06 39.31 0.01 19.55 20.21 3.62 India 0.19 6.80 0.65 6.27 0.94 0.42 Major Importers 4/ 2.39 22.60 38.56 60.03 1.12 2.40 European Union 0.54 12.17 16.70 28.04 0.77 0.60 Mexico 0.20 5.02 1.83 6.88 0.02 0.15 Southeast Asia 5/ 1.60 3.47 18.33 21.48 0.33 1.59 China 0.78 69.62 0.06 69.63 0.48 0.34 2022/23 Est. World 2/ 16.38 244.99 63.18 244.53 66.73 13.29 World Less China 16.03 171.34 63.14 172.38 65.73 12.40 United States 0.28 47.69 0.57 35.15 13.06 0.32 Total Foreign 16.09 197.31 62.61 209.38 53.67 12.97 Major Exporters 3/ 6.84 72.91 0.14 30.08 44.40 5.42 Argentina 2.80 23.60 0.08 3.35 21.10 2.02 Brazil 3.62 41.07 0.02 20.00 21.50 3.21 India 0.42 8.24 0.05 6.73 1.80 0.19 Major Importers 4/ 2.40 21.84 37.07 58.59 1.01 1.70 European Union 0.60 11.46 16.00 26.92 0.72 0.42 Mexico 0.15 5.14 1.85 6.95 0.01 0.18 Southeast Asia 5/ 1.59 3.28 17.55 21.10 0.28 1.05 China 0.34 73.66 0.04 72.15 1.00 0.89 2023/24 Proj. World 2/ Aug 12.28 258.66 67.21 253.60 70.27 14.28 Sep 13.29 257.30 66.91 252.45 69.89 15.16 World Less China Aug 12.28 183.42 67.16 178.81 69.77 14.28 Sep 12.40 181.27 66.86 177.27 68.89 14.37 United States Aug 0.32 49.15 0.54 36.04 13.61 0.36 Sep 0.32 48.97 0.54 35.77 13.70 0.36 Total Foreign Aug 11.96 209.51 66.67 217.56 56.66 13.92 Sep 12.97 208.33 66.37 216.68 56.19 14.79 Major Exporters 3/ Aug 5.32 79.40 0.12 31.22 47.40 6.22 Sep 5.42 78.04 0.12 31.20 46.30 6.07 Argentina Aug 1.92 28.28 0.01 3.45 24.50 2.25 Sep 2.02 26.91 0.01 3.45 23.40 2.09 Brazil Aug 3.21 43.21 0.01 20.70 22.00 3.73 Sep 3.21 43.21 0.01 20.70 22.00 3.73 India Aug 0.19 7.92 0.10 7.07 0.90 0.24 Sep 0.19 7.92 0.10 7.05 0.90 0.26 Major Importers 4/ Aug 1.78 23.08 37.90 59.87 1.02 1.88 Sep 1.70 22.85 37.80 59.27 1.02 2.06 European Union Aug 0.47 11.97 15.75 26.99 0.70 0.49 Sep 0.42 11.85 15.80 26.94 0.70 0.43 Mexico Aug 0.18 5.14 2.00 7.10 0.02 0.20 Sep 0.18 5.14 2.00 7.10 0.02 0.20 Southeast Asia 5/ Aug 1.09 4.02 18.55 22.23 0.31 1.12 Sep 1.05 3.92 18.40 21.69 0.31 1.37 China Aug 0.00 75.24 0.05 74.79 0.50 0.00 Sep 0.89 76.03 0.05 75.18 1.00 0.79 ================================================================================ WASDE - 640 - 30 September 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 ================================================================================ 2021/22 World 2/ 5.52 59.26 11.54 59.22 12.26 4.83 World Less China 4.38 43.51 11.25 42.52 12.14 4.47 United States 0.97 11.86 0.14 11.26 0.80 0.90 Total Foreign 4.55 47.40 11.40 47.96 11.45 3.93 Major Exporters 3/ 1.25 20.77 0.59 12.49 8.62 1.49 Argentina 0.30 7.66 0.09 2.66 4.87 0.52 Brazil 0.47 9.76 0.03 7.45 2.41 0.41 European Union 0.44 2.93 0.46 2.31 0.97 0.55 Major Importers 4/ 1.78 18.90 6.64 26.16 0.28 0.88 China 1.13 15.75 0.29 16.70 0.11 0.36 India 0.27 1.53 4.23 5.83 0.02 0.19 North Africa 5/ 0.36 1.19 1.42 2.53 0.14 0.31 2022/23 Est. World 2/ 4.83 58.70 10.54 57.69 11.46 4.92 World Less China 4.47 42.04 9.94 41.29 11.31 3.84 United States 0.90 11.91 0.17 11.98 0.17 0.84 Total Foreign 3.93 46.79 10.37 45.72 11.29 4.08 Major Exporters 3/ 1.49 19.52 0.63 12.12 8.34 1.19 Argentina 0.52 5.98 0.00 2.03 4.15 0.33 Brazil 0.41 10.21 0.08 7.68 2.75 0.26 European Union 0.55 2.76 0.55 2.36 0.93 0.57 Major Importers 4/ 0.88 19.66 6.17 24.78 0.22 1.72 China 0.36 16.67 0.60 16.40 0.15 1.08 India 0.19 1.85 3.65 5.25 0.02 0.43 North Africa 5/ 0.31 0.87 1.24 2.18 0.05 0.19 2023/24 Proj. World 2/ Aug 4.93 61.96 10.70 60.59 11.61 5.40 Sep 4.92 61.61 10.68 60.09 11.62 5.50 World Less China Aug 3.78 44.94 10.30 43.39 11.51 4.12 Sep 3.84 44.40 10.28 42.79 11.42 4.31 United States Aug 0.85 12.26 0.17 12.27 0.18 0.83 Sep 0.84 12.21 0.18 12.25 0.16 0.83 Total Foreign Aug 4.07 49.70 10.53 48.32 11.43 4.57 Sep 4.08 49.40 10.50 47.85 11.46 4.67 Major Exporters 3/ Aug 1.15 21.44 0.43 13.41 8.44 1.16 Sep 1.19 21.06 0.43 13.11 8.34 1.22 Argentina Aug 0.33 7.16 0.00 2.55 4.55 0.38 Sep 0.33 6.81 0.00 2.33 4.40 0.41 Brazil Aug 0.31 10.73 0.03 8.53 2.20 0.35 Sep 0.26 10.73 0.03 8.45 2.25 0.32 European Union Aug 0.49 2.88 0.40 2.27 1.10 0.41 Sep 0.57 2.85 0.40 2.27 1.10 0.46 Major Importers 4/ Aug 1.72 20.11 5.88 25.58 0.18 1.94 Sep 1.72 20.29 5.82 25.60 0.28 1.95 China Aug 1.15 17.02 0.40 17.20 0.10 1.27 Sep 1.08 17.20 0.40 17.30 0.20 1.18 India Aug 0.33 1.78 3.30 5.05 0.02 0.34 Sep 0.43 1.78 3.25 5.00 0.02 0.44 North Africa 5/ Aug 0.19 0.97 1.45 2.32 0.05 0.24 Sep 0.19 0.98 1.44 2.32 0.05 0.25 ================================================================================ WASDE - 640 - 31 September 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 2022 III 7144 6534 13723 11896 1264 13312 27035 2259 56.4 IV 7052 6919 14017 11861 1310 13310 27327 2277 55.9 Annual 28291 26996 55471 46206 5222 51997 107469 9074 226.5 2023 I 6821 7071 13937 11549 1348 13039 26976 2209 56.9 II 6710 6593 13348 11545 1410 13105 26453 2287 58.1 III* 6645 6415 13101 11800 1400 13355 26456 2325 56.3 IV* 6765 7080 13890 11800 1420 13355 27245 2360 56.3 AugProj. 26981 27264 54424 46976 5578 53124 107548 9239 227.9 SepProj. 26941 27159 54275 46694 5578 52854 107129 9181 227.5 2024 I* 6335 6895 13274 11650 1400 13190 26464 2340 57.7 II* 6315 6520 12878 11710 1400 13255 26133 2365 58.5 AugProj. 25165 27335 52678 47470 5650 53675 106353 9525 230.5 SepProj. 25165 27335 52675 47310 5650 53525 106200 9455 230.4 ================================================================================ 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 2022 III 143.42 80.20 136.1 165.4 295.6 24.57 IV 152.99 63.49 123.5 177.5 411.7 25.17 Annual 144.40 71.21 140.5 154.5 282.4 25.34 2023 I 160.92 54.83 124.5 170.8 315.9 21.93 II 179.02 56.69 139.3 156.2 135.8 19.30 III* 184.00 69.00 114.0 135.0 139.0 18.90 IV* 190.00 59.00 115.0 136.0 160.0 21.45 AugProj. 178.5 62.2 122.2 152.4 181.7 19.95 SepProj. 178.5 59.9 123.2 149.5 187.7 20.40 2024 I* 188.00 63.00 120.0 145.0 160.0 20.95 II* 186.00 68.00 125.0 146.0 135.0 19.80 AugProj. 186 65 121 154 144 19.35 SepProj. 186 65 121 147 149 20.30 ================================================================================ WASDE - 640 - 32 September 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 2022 676 28359 3390 32425 3544 723 28157 59.1 2023 Proj. Aug 723 27049 3512 31285 3214 640 27431 57.3 Sep 723 27009 3547 31280 3054 620 27606 57.6 2024 Proj. Aug 640 25233 3560 29433 2970 640 25823 53.6 Sep 620 25233 3590 29443 2900 620 25923 53.8 Pork 2022 446 27011 1344 28800 6345 504 21951 51.1 2023 Proj. Aug 504 27279 1080 28863 6926 490 21448 49.6 Sep 504 27174 1105 28783 6801 480 21503 49.8 2024 Proj. Aug 490 27350 1155 28995 6980 485 21530 49.5 Sep 480 27350 1155 28985 6900 465 21620 49.8 TotalRed Meat5/ 2022 1147 55564 5092 61804 9895 1256 50653 111.6 2023 Proj. Aug 1256 54517 4898 60670 10144 1162 49365 108.2 Sep 1256 54369 4958 60582 9859 1132 49591 108.7 2024 Proj. Aug 1162 52771 5085 59017 9956 1152 47910 104.6 Sep 1132 52768 5115 59014 9806 1112 48097 105.0 Broiler 2022 705 45711 176 46593 7290 892 38411 98.9 2023 Proj. Aug 892 46473 115 47480 7293 880 39308 100.7 Sep 892 46194 115 47201 7253 880 39069 100.1 2024 Proj. Aug 880 46962 130 47972 7515 900 39557 100.7 Sep 880 46804 130 47814 7430 900 39484 100.6 Turkey 2022 166 5222 85 5473 407 190 4877 14.6 2023 Proj. Aug 190 5578 50 5817 435 200 5183 15.5 Sep 190 5578 53 5821 440 195 5186 15.5 2024 Proj. Aug 200 5650 85 5935 455 200 5280 15.7 Sep 195 5650 85 5930 460 200 5270 15.6 Total Poultry6/ 2022 874 51502 268 52645 7716 1087 43841 115.2 2023 Proj. Aug 1087 52621 167 53875 7747 1085 45043 117.8 Sep 1087 52354 170 53611 7712 1080 44819 117.2 2024 Proj. Aug 1085 53166 221 54472 7986 1105 45381 118.0 Sep 1080 53018 221 54319 7906 1105 45308 117.9 RedMeat& Poultry 2022 2021 107067 5361 114449 17611 2343 94494 226.8 2023 Proj. Aug 2343 107138 5065 114546 17892 2247 94408 226.0 Sep 2343 106722 5128 114193 17572 2212 94410 225.9 2024 Proj. Aug 2247 105937 5306 113490 17942 2257 93292 222.6 Sep 2212 105786 5336 113333 17712 2217 93405 222.9 ================================================================================ WASDE - 640 - 33 September 2023 U.S. Egg Supply and Use ================================================================================ 2021 2022 2023Proj. 2023Proj. 2024Proj. 2024Proj. Commodity Aug Sep Aug Sep ================================================================================ Million Dozen Eggs Supply BeginningStocks 24.5 19.1 18.8 18.8 20.0 21.0 Production 9297.9 9073.8 9238.9 9181.4 9525.0 9455.0 Imports 18.2 26.0 27.1 29.1 19.0 23.0 Total Supply 9340.6 9118.9 9284.7 9229.2 9564.0 9499.0 Use Exports 392.1 226.5 277.2 257.2 265.0 265.0 Hatching Use 1103.9 1116.4 1128.3 1128.3 1145.0 1135.0 Ending Stocks 19.1 18.8 20.0 21.0 19.5 19.5 Disappearance Total 7825.4 7757.2 7859.3 7822.8 8134.5 8079.5 Per Capita (number) 282.5 279.0 281.2 280.0 289.4 287.5 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2021 2022 2023Proj. 2023Proj. 2024Proj. 2024Proj. Commodity Aug Sep Aug Sep ================================================================================ Billion Pounds Milk Production 226.3 226.5 227.9 227.5 230.5 230.4 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 FatBasisSupply BeginningStocks 15.6 14.3 14.4 14.4 14.6 14.6 Marketings 225.3 225.5 226.9 226.5 229.5 229.4 Imports 6.5 7.1 7.5 7.4 7.5 7.4 Total Supply 247.4 246.9 248.8 248.3 251.6 251.4 FatBasisUse Exports 11.5 13.4 11.1 11.1 12.4 12.1 Ending Stocks 14.3 14.4 14.6 14.6 14.6 14.6 Domestic Use 221.6 219.1 223.1 222.6 224.6 224.7 Skim-solidBasisSupply BeginningStocks 10.9 11.1 11.7 11.7 12.0 12.0 Marketings 225.3 225.5 226.9 226.5 229.5 229.4 Imports 5.8 6.7 6.5 6.5 6.8 6.8 Total Supply 241.9 243.3 245.1 244.6 248.3 248.3 Skim-solidBasisUse Exports 50.6 52.9 50.5 50.0 53.3 53.0 Ending Stocks 11.1 11.7 12.0 12.0 12.1 12.0 Domestic Use 180.2 178.7 182.6 182.6 182.9 183.3 ================================================================================ WASDE - 640 - 34 September 2023 U.S. Dairy Prices ================================================================================ Commod- 2021 2022 2023 Proj. 2023 Proj. 2024 Proj. 2024 Proj. ity Aug Sep Aug Sep ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.6755 2.1122 1.775 1.810 1.755 1.845 Butter 1.7325 2.8665 2.495 2.540 2.430 2.550 Nonfat Dry Milk 1.2693 1.6851 1.175 1.160 1.125 1.090 Dry Whey 0.5744 0.6057 0.325 0.345 0.305 0.315 Milk Prices 2/ Dollars Per Cwt ClassIII 17.08 21.96 16.90 17.35 16.55 17.55 Class IV 16.09 24.47 18.50 18.60 17.80 18.00 All Milk 3/ 18.53 25.34 19.95 20.40 19.35 20.30 ================================================================================ WASDE - 640 - 35 September 2023 Reliability of September 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 1.9 3.2 8.4 0.9 30.7 27 15 U.S. 2.3 3.8 0.9 0.0 3.6 16 26 Foreign 2.1 3.6 8.5 0.2 30.9 30 12 Exports World 5.8 9.7 6.6 0.3 22.0 33 9 U.S. 10.1 17.0 2.5 0.2 10.0 18 24 Foreign 7.2 12.1 6.3 0.2 21.4 32 10 Domestic Use World 1.7 2.9 7.6 0.2 33.8 24 18 U.S. 7.2 12.1 1.9 0.0 5.5 14 28 Foreign 1.7 2.9 7.6 0.1 33.6 28 14 Ending Stocks World 7.9 13.4 10.2 0.3 30.5 31 11 U.S. 14.0 23.5 2.6 0.5 12.4 24 18 Foreign 8.7 14.6 9.0 0.5 28.3 31 11 COARSE GRAINS 2/ Production World 2.1 3.6 17.6 0.2 50.6 31 11 U.S. 4.1 6.9 7.8 0.2 26.0 26 16 Foreign 2.5 4.2 15.6 1.0 59.9 30 12 Exports World 6.8 11.5 6.7 0.1 25.2 29 13 U.S. 20.1 33.9 7.5 0.4 19.1 17 25 Foreign 13.2 22.2 7.9 0.7 20.9 28 14 Domestic Use World 1.5 2.5 11.9 0.4 39.0 23 19 U.S. 3.6 6.0 6.2 0.1 15.8 26 16 Foreign 1.7 2.9 10.9 0.4 37.8 26 16 Ending Stocks World 13.8 23.3 19.2 1.7 170.3 31 11 U.S. 28.7 48.4 8.8 0.1 35.8 19 23 Foreign 15.9 26.7 15.1 0.7 155.3 34 8 RICE, milled Production World 2.2 3.7 6.2 0.4 24.1 33 9 U.S. 4.2 7.1 0.2 0.0 0.5 23 18 Foreign 2.3 3.8 6.2 0.3 24.4 33 9 Exports World 9.1 15.3 1.9 0.1 6.8 30 12 U.S. 11.4 19.2 0.2 0.0 0.9 19 21 Foreign 10.2 17.2 1.9 0.1 6.8 30 12 Domestic Use World 1.8 3.0 4.3 0.4 22.7 33 9 U.S. 6.7 11.3 0.2 0.0 0.5 21 20 Foreign 1.8 3.0 4.3 0.2 23.1 33 9 Ending Stocks World 11.9 20.1 6.2 0.2 26.9 35 7 U.S. 22.3 37.6 0.2 0.0 0.9 22 20 Foreign 13.0 21.9 6.3 0.2 26.7 35 7 ================================================================================ WASDE - 640 - 36 September 2023 Reliability of September 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 4.7 7.9 8.0 0.4 31.7 23 19 U.S. 4.9 8.3 3.0 0.2 10.4 22 20 Foreign 7.6 12.8 7.4 0.9 33.3 18 24 Exports World 7.4 12.4 4.1 0.2 19.9 27 15 U.S. 12.0 20.2 3.0 0.1 9.8 25 17 Foreign 17.4 29.3 3.7 0.0 21.8 19 23 Domestic Use World 3.3 5.6 5.1 0.0 15.3 24 18 U.S. 4.3 7.3 1.6 0.1 4.5 26 16 Foreign 4.1 6.8 5.0 0.0 16.0 24 18 Ending Stocks World 17.1 28.8 5.3 0.2 24.8 23 19 U.S. 46.8 78.8 2.3 0.1 8.2 14 28 Foreign 19.0 32.0 4.8 0.0 24.7 25 16 COTTON Production World 4.6 7.7 3.2 0.1 12.6 23 19 U.S. 6.6 11.2 0.9 0.0 2.5 20 21 Foreign 5.1 8.6 2.7 0.0 11.3 25 17 Exports World 9.7 16.4 2.5 0.0 10.1 24 18 U.S. 20.0 33.6 1.2 0.1 3.4 23 19 Foreign 12.8 21.6 2.0 0.1 8.8 22 20 Domestic Use World 5.0 8.5 3.7 0.1 19.3 16 26 U.S. 10.1 16.9 0.4 0.0 1.3 18 22 Foreign 5.0 8.5 3.6 0.0 18.5 17 24 Ending Stocks World 14.0 23.6 5.8 0.2 16.8 28 14 U.S. 39.5 66.5 1.3 0.0 5.1 17 24 Foreign 14.4 24.2 5.3 0.2 16.8 28 14 ================================================================================ WASDE - 640 - 37 September 2023 Reliability of United States September 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 4.3 7.2 294 15 885 26 16 Exports 20.7 34.9 272 25 725 17 25 Domestic Use 3.9 6.6 240 0 575 26 15 Ending Stocks 31.9 53.7 333 2 1386 19 23 SORGHUM Production 7.9 13.3 24 0 81 17 24 Exports 34.3 57.8 43 0 150 21 20 Domestic Use 25.0 42.0 38 0 120 21 19 Ending Stocks 48.3 81.4 30 1 155 14 28 BARLEY Production 5.2 8.7 11 1 36 17 25 Exports 74.2 125.0 12 0 82 17 20 Domestic Use 10.3 17.3 22 0 72 15 25 Ending Stocks 18.1 30.4 18 0 70 20 21 OATS Production 9.5 15.9 11 0 44 7 33 Exports 93.2 157.0 1 0 8 12 14 Domestic Use 6.5 10.9 13 0 39 11 30 Ending Stocks 22.4 37.7 13 0 47 21 20 Thousand Short Tons SOYBEAN MEAL Production 4.2 7.1 1245 93 4200 28 14 Exports 13.9 23.3 860 34 4100 24 18 Domestic Use 3.6 6.0 779 26 3200 25 17 Ending Stocks 38.6 64.9 54 0 368 15 16 Million Pounds SOYBEAN OIL Production 4.4 7.4 592 26 2635 27 15 Exports 51.6 86.9 468 0 1675 22 19 Domestic Use 4.2 7.0 516 86 2150 27 15 Ending Stocks 29.7 50.1 425 55 1357 24 18 ANIMAL PROD. 3/ Million Pounds Beef 3.9 6.6 799 32 2486 29 12 Pork 2.9 4.9 409 5 1356 22 19 Broilers 2.0 3.4 510 23 1379 25 16 Turkeys 3.8 6.4 150 2 444 21 20 Million Dozen Eggs 2.0 3.4 121 4 414 25 16 Billion Pounds Milk 1.6 2.8 2.1 0.1 7.2 22 19 ================================================================================