WASDE - 652 - 8 September 2024 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/ 2022/23 2757.21 3555.96 496.63 2768.46 787.51 2023/24 (Est.) 2810.26 3597.77 519.06 2815.66 782.11 2024/25 (Proj.) Aug 2830.28 3607.00 499.38 2837.05 769.95 Sep 2826.64 3608.74 501.97 2840.39 768.36 Wheat 2022/23 789.49 1063.01 221.76 789.38 273.63 2023/24 (Est.) 790.54 1064.17 221.49 798.92 265.25 2024/25 (Proj.) Aug 798.28 1060.64 214.86 804.02 256.62 Sep 796.88 1062.13 216.51 804.90 257.22 Coarse Grains 5/ 2022/23 1451.71 1793.26 220.23 1459.15 334.11 2023/24 (Est.) 1499.07 1833.18 243.16 1493.71 339.48 2024/25 (Proj.) Aug 1504.29 1841.96 230.11 1506.07 335.89 Sep 1502.45 1841.93 231.17 1508.03 333.90 Rice, milled 2022/23 516.02 699.70 54.64 519.93 179.76 2023/24 (Est.) 520.65 700.41 54.41 523.03 177.38 2024/25 (Proj.) Aug 527.71 704.40 54.42 526.96 177.43 Sep 527.31 704.69 54.30 527.46 177.24 United States Total Grains 4/ 2022/23 406.43 471.34 67.85 349.89 53.60 2023/24 (Est.) 459.13 520.60 86.64 364.70 69.26 2024/25 (Proj.) Aug 457.32 534.76 89.14 366.26 79.37 Sep 458.87 534.93 89.81 366.23 78.89 Wheat 2022/23 44.90 66.56 20.73 30.33 15.50 2023/24 (Est.) 49.31 68.58 19.24 30.23 19.11 2024/25 (Proj.) Aug 53.93 75.90 22.45 30.92 22.53 Sep 53.93 75.90 22.45 30.92 22.53 Coarse Grains 5/ 2022/23 356.45 397.17 45.06 314.97 37.14 2023/24 (Est.) 402.89 442.71 64.28 329.53 48.90 2024/25 (Proj.) Aug 396.38 449.19 63.48 330.26 55.46 Sep 397.96 449.33 64.15 330.26 54.92 Rice, milled 2022/23 5.08 7.61 2.05 4.60 0.96 2023/24 (Est.) 6.93 9.31 3.12 4.94 1.25 2024/25 (Proj.) Aug 7.01 9.67 3.21 5.08 1.39 Sep 6.98 9.70 3.21 5.05 1.45 ================================================================================ WASDE - 652 - 9 September 2024 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/ 2022/23 2350.78 3084.62 428.78 2418.56 733.91 2023/24 (Est.) 2351.13 3077.17 432.42 2450.96 712.85 2024/25 (Proj.) Aug 2372.96 3072.24 410.25 2470.79 690.58 Sep 2367.77 3073.82 412.15 2474.16 689.47 Wheat 2022/23 744.59 996.44 201.03 759.04 258.13 2023/24 (Est.) 741.23 995.60 202.25 768.70 246.14 2024/25 (Proj.) Aug 744.35 984.74 192.40 773.10 234.10 Sep 742.95 986.23 194.05 773.98 234.70 Coarse Grains 5/ 2022/23 1095.26 1396.09 175.16 1144.18 296.98 2023/24 (Est.) 1096.19 1390.47 178.88 1164.18 290.58 2024/25 (Proj.) Aug 1107.91 1392.77 166.64 1175.81 280.44 Sep 1104.49 1392.60 167.01 1177.77 278.98 Rice, milled 2022/23 510.94 692.09 52.58 515.34 178.80 2023/24 (Est.) 513.72 691.10 51.30 518.09 176.13 2024/25 (Proj.) Aug 520.70 694.73 51.21 521.88 176.05 Sep 520.34 694.99 51.09 522.41 175.79 ================================================================================ 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 2022/23 116.46 187.47 36.78 112.64 75.97 2023/24 (Est.) 113.57 189.53 44.71 113.15 75.61 2024/25 (Proj.) Aug 117.64 193.41 43.54 116.21 77.61 Sep 116.42 192.03 42.99 115.75 76.49 United States 2022/23 14.47 19.07 12.45 2.05 4.65 2023/24 (Est.) 12.07 16.72 11.75 1.85 3.15 2024/25 (Proj.) Aug 15.11 18.27 12.00 1.90 4.50 Sep 14.51 17.67 11.80 1.90 4.00 Foreign 4/ 2022/23 102.00 168.40 24.33 110.59 71.32 2023/24 (Est.) 101.50 172.82 32.96 111.30 72.46 2024/25 (Proj.) Aug 102.53 175.15 31.54 114.31 73.11 Sep 101.91 174.36 31.19 113.85 72.49 ================================================================================ WASDE - 652 - 10 September 2024 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 2022/23 638.29 750.18 201.37 525.65 119.87 2023/24 (Est.) 657.86 777.73 204.92 544.94 131.12 2024/25 (Proj.) Aug 690.54 819.76 207.64 558.89 150.63 Sep 687.42 818.54 207.68 557.26 151.14 Oilmeals 2022/23 357.60 377.56 97.65 355.78 17.21 2023/24 (Est.) 371.59 388.80 105.76 366.23 17.86 2024/25 (Proj.) Aug 383.59 401.47 106.64 377.17 19.82 Sep 382.91 400.76 106.13 376.75 19.54 Vegetable Oils 2022/23 218.33 248.31 88.92 211.15 31.85 2023/24 (Est.) 224.55 256.40 86.93 219.21 32.64 2024/25 (Proj.) Aug 227.10 259.49 87.30 224.38 30.06 Sep 227.09 259.73 87.30 224.31 30.36 United States Oilseeds 2022/23 125.75 136.42 54.78 64.16 8.85 2023/24 (Est.) 122.24 132.18 47.49 66.54 10.68 2024/25 (Proj.) Aug 135.00 146.90 51.52 70.37 16.74 Sep 134.71 146.38 51.47 70.25 16.41 Oilmeals 2022/23 49.94 54.60 13.39 40.79 0.41 2023/24 (Est.) 51.53 56.23 14.72 41.07 0.45 2024/25 (Proj.) Aug 54.28 59.01 16.08 42.43 0.50 Sep 54.23 58.96 16.08 42.38 0.50 Vegetable Oils 2022/23 13.18 20.74 0.34 19.27 1.14 2023/24 (Est.) 13.64 21.70 0.44 20.15 1.11 2024/25 (Proj.) Aug 14.32 22.62 0.44 20.97 1.21 Sep 14.29 22.59 0.44 20.94 1.21 Foreign 3/ Oilseeds 2022/23 512.54 613.76 146.59 461.49 111.02 2023/24 (Est.) 535.62 645.55 157.43 478.40 120.44 2024/25 (Proj.) Aug 555.54 672.86 156.12 488.52 133.89 Sep 552.70 672.16 156.21 487.01 134.73 Oilmeals 2022/23 307.66 322.96 84.25 314.99 16.80 2023/24 (Est.) 320.06 332.57 91.04 325.16 17.41 2024/25 (Proj.) Aug 329.31 342.46 90.56 334.74 19.33 Sep 328.68 341.81 90.05 334.37 19.04 Vegetable Oils 2022/23 205.15 227.57 88.58 191.88 30.72 2023/24 (Est.) 210.91 234.70 86.49 199.06 31.53 2024/25 (Proj.) Aug 212.78 236.87 86.86 203.41 28.85 Sep 212.80 237.14 86.86 203.37 29.15 ================================================================================ WASDE - 652 - 11 September 2024 U.S. Wheat Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Acres Area Planted 45.8 49.6 46.3 46.3 Area Harvested 35.5 37.3 37.9 37.9 Bushels Yield per Harvested Acre 46.5 48.6 52.2 52.2 Million Bushels Beginning Stocks 674 570 702 702 Production 1650 1812 1982 1982 Imports 122 138 105 105 Supply, Total 2446 2520 2789 2789 Food 972 961 964 964 Seed 68 64 62 62 Feed and Residual 74 86 110 110 Domestic, Total 1114 1111 1136 1136 Exports 762 707 825 825 Use, Total 1876 1818 1961 1961 Ending Stocks 570 702 828 828 Avg.FarmPrice ($/bu) 2/ 8.83 6.96 5.70 5.70 ================================================================================ 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 2023/24 (Est.) Beginning Stocks 223 155 90 74 28 570 Production 601 468 449 235 59 1812 Imports 18 63 6 6 45 138 Supply, Total 3/ 842 686 545 315 132 2520 Food 384 253 158 84 83 961 Seed 27 16 12 6 3 64 Feed and Residual 17 -8 91 -12 -2 86 Domestic Use 428 261 261 78 84 1111 Exports 134 235 158 152 27 707 Use, Total 562 496 419 230 111 1818 Ending Stocks, Total 280 190 126 85 21 702 2024/25 (Proj.) Beginning Stocks 280 190 126 85 21 702 Production 776 499 342 288 77 1982 Imports 5 50 5 5 40 105 Supply, Total 3/ 1061 739 473 378 138 2789 Food 383 258 155 85 83 964 Seed 26 16 13 6 3 62 Feed and Residual 40 5 60 5 0 110 Domestic Use 449 279 228 96 86 1136 Exports 240 255 110 190 30 825 Use, Total 689 534 338 286 116 1961 Ending Stocks, Total Sep 372 206 136 92 22 828 Aug 372 206 136 92 22 828 ================================================================================ WASDE - 652 - 12 September 2024 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Acres FEED GRAINS Area Planted 100.0 107.5 101.8 101.8 Area Harvested 86.6 96.0 90.8 90.8 Metric Tons Yield per Harvested Acre 4.11 4.19 4.36 4.38 Million Metric Tons Beginning Stocks 37.5 37.1 50.3 48.9 Production 356.1 402.6 396.0 397.6 Imports 2.9 2.3 2.2 2.2 Supply, Total 396.5 442.1 448.6 448.7 Feed and Residual 142.2 150.3 151.5 151.5 Food, Seed & Industrial 172.1 178.6 178.2 178.2 Domestic, Total 314.4 328.9 329.7 329.7 Exports 45.1 64.3 63.5 64.1 Use, Total 359.4 393.2 393.1 393.8 Ending Stocks 37.1 48.9 55.4 54.9 Million Acres CORN Area Planted 88.2 94.6 90.7 90.7 Area Harvested 78.7 86.5 82.7 82.7 Bushels Yield per Harvested Acre 173.4 177.3 183.1 183.6 Million Bushels Beginning Stocks 1377 1360 1867 1812 Production 13651 15342 15147 15186 Imports 39 30 25 25 Supply, Total 15066 16732 17038 17022 Feed and Residual 5486 5775 5825 5825 Food,Seed& Industrial 2/ 6558 6855 6840 6840 Ethanol & by-products 3/ 5176 5465 5450 5450 Domestic, Total 12044 12630 12665 12665 Exports 1662 2290 2300 2300 Use, Total 13706 14920 14965 14965 Ending Stocks 1360 1812 2073 2057 Avg.FarmPrice ($/bu) 4/ 6.54 4.65 4.20 4.10 ================================================================================ WASDE - 652 - 13 September 2024 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 6.3 7.2 6.3 6.3 AreaHarvested(mil.acres) 4.6 6.1 5.3 5.3 Yield (bushels/acre) 41.1 52.0 52.9 57.3 Beginning Stocks 47 24 25 25 Production 188 318 279 302 Imports 0 0 0 0 Supply, Total 235 342 304 327 Feed and Residual 42 60 60 60 Food, Seed & Industrial 59 22 25 25 Total Domestic 102 82 85 85 Exports 109 235 195 220 Use, Total 211 317 280 305 Ending Stocks 24 25 24 22 Avg.FarmPrice ($/bu) 2/ 6.38 4.90 4.20 4.10 BARLEY AreaPlanted (mil. acres) 2.9 3.1 2.4 2.4 AreaHarvested(mil.acres) 2.4 2.6 1.9 1.9 Yield (bushels/acre) 71.7 72.4 79.1 79.1 Beginning Stocks 37 66 78 78 Production 174 185 149 149 Imports 23 13 14 12 Supply, Total 235 264 241 239 Feed and Residual 35 56 45 45 Food, Seed & Industrial 132 125 120 120 Total Domestic 167 181 165 165 Exports 2 5 3 5 Use, Total 169 186 168 170 Ending Stocks 66 78 73 69 Avg.FarmPrice ($/bu) 2/ 7.40 7.39 6.30 6.30 OATS AreaPlanted (mil. acres) 2.6 2.6 2.3 2.3 AreaHarvested(mil.acres) 0.9 0.8 0.9 0.9 Yield (bushels/acre) 65.5 68.6 75.1 75.1 Beginning Stocks 33 35 36 36 Production 58 57 68 68 Imports 84 74 75 75 Supply, Total 174 166 179 179 Feed and Residual 57 47 55 55 Food, Seed & Industrial 81 81 82 82 Total Domestic 137 128 137 137 Exports 2 2 2 2 Use, Total 139 130 139 139 Ending Stocks 35 36 40 40 Avg.FarmPrice ($/bu) 2/ 4.57 3.92 3.60 3.60 ================================================================================ WASDE - 652 - 14 September 2024 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Acres TOTAL RICE Area Planted 2.22 2.89 2.94 2.94 Area Harvested 2.17 2.85 2.90 2.90 Pounds Yield per Harvested Acre 7385 7649 7623 7588 Million Hundredweight Beginning Stocks 2/ 39.7 30.3 38.3 39.4 Production 160.0 218.3 220.8 219.7 Imports 39.9 44.6 45.5 46.5 Supply, Total 239.7 293.1 304.6 305.6 Domestic & Residual 3/ 144.8 155.7 160.0 159.0 Exports, Total 4/ 64.6 98.1 101.0 101.0 Rough 18.5 41.7 45.0 44.0 Milled (rough equiv.) 46.2 56.4 56.0 57.0 Use, Total 209.4 253.8 261.0 260.0 Ending Stocks 30.3 39.4 43.6 45.6 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 19.80 17.60 15.60 15.60 LONG GRAIN RICE Harvested Acres (mil.) 1.78 2.05 Yield (pounds/acre) 7225 7524 Beginning Stocks 24.6 21.2 17.0 19.3 Imports 31.9 37.3 38.0 39.0 Production 128.5 153.9 167.2 166.8 Supply, Total 7/ 185.0 212.4 222.2 225.1 Domestic & Residual 3/ 113.6 118.3 123.0 122.0 Exports 8/ 50.2 74.7 76.0 76.0 Use, Total 163.8 193.0 199.0 198.0 Ending Stocks 21.2 19.3 23.2 27.1 Avg.FarmPrice($/cwt) 6/ 16.70 15.90 14.50 14.50 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.39 0.81 Yield (pounds/acre) 8118 7963 Beginning Stocks 13.0 6.8 19.0 18.4 Imports 8.0 7.3 7.5 7.5 Production 31.6 64.4 53.6 53.0 Supply, Total 7/ 52.4 79.2 80.1 78.9 Domestic & Residual 3/ 31.1 37.4 37.0 37.0 Exports 8/ 14.4 23.3 25.0 25.0 Use, Total 45.6 60.7 62.0 62.0 Ending Stocks 6.8 18.4 18.1 16.9 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 33.80 24.20 19.60 19.60 California 10/ 40.90 28.00 22.00 22.00 Other States 1/ 18.20 17.50 14.50 14.50 ================================================================================ WASDE - 652 - 15 September 2024 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Acres SOYBEANS Area Planted 87.5 83.6 87.1 87.1 Area Harvested 86.2 82.4 86.3 86.3 Bushels Yield per Harvested Acre 49.6 50.6 53.2 53.2 Million Bushels Beginning Stocks 274 264 345 340 Production 4270 4165 4589 4586 Imports 25 20 15 15 Supply, Total 4569 4449 4949 4941 Crushings 2212 2295 2425 2425 Exports 1980 1700 1850 1850 Seed 75 78 78 78 Residual 39 36 36 38 Use, Total 4305 4109 4389 4391 Ending Stocks 264 340 560 550 Avg.FarmPrice ($/bu) 2/ 14.20 12.50 10.80 10.80 Million Pounds SOYBEAN OIL Beginning Stocks 1991 1607 1612 1622 Production 4/ 26227 27115 28515 28515 Imports 376 650 450 450 Supply, Total 28594 29372 30577 30587 Domestic Disappearance 26609 27100 28200 28200 Biofuel 3/ 12510 13000 14000 14000 Food, Feed & other Industrial 14099 14100 14200 14200 Exports 378 650 600 600 Use, Total 26987 27750 28800 28800 Ending stocks 1607 1622 1777 1787 Avg. Price (c/lb) 2/ 65.26 47.50 42.00 42.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 311 371 400 400 Production 4/ 52493 54154 57075 57075 Imports 634 650 600 600 Supply, Total 53438 55175 58075 58075 Domestic Disappearance 38521 38775 40125 40125 Exports 14547 16000 17500 17500 Use, Total 53067 54775 57625 57625 Ending Stocks 371 400 450 450 Avg. Price ($/s.t.) 2/ 451.91 385.00 320.00 320.00 ================================================================================ WASDE - 652 - 16 September 2024 U.S. Sugar Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1820 1843 2043 2278 Production 2/ 9250 9265 9514 9474 Beet Sugar 5187 5159 5363 5311 Cane Sugar 4063 4106 4151 4163 Florida 1985 2077 2066 2053 Louisiana 2001 1989 2085 2111 Texas 76 40 0 0 Imports 3614 3834 2933 2530 TRQ 3/ 1862 1823 1644 1618 Other Program 4/ 141 320 200 200 Non-program 1611 1690 1089 712 Mexico 1156 520 790 395 High-tier tariff/other 455 1170 299 317 Total Supply 14685 14941 14490 14282 Exports 82 225 100 100 Deliveries 12589 12438 12405 12405 Food 12473 12300 12300 12300 Other 5/ 116 138 105 105 Miscellaneous 171 0 0 0 Total Use 12843 12663 12505 12505 Ending Stocks 1843 2278 1985 1777 Stocks to Use Ratio 14.3 18.0 15.9 14.2 ================================================================================ 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 2023/24 Est. Aug 835 4704 797 4540 441 1355 Sep 835 4704 816 4532 445 1377 2024/25 Proj. Aug 1355 5094 25 4653 845 977 Sep 1377 5094 25 4653 867 977 ================================================================================ WASDE - 652 - 17 September 2024 U.S. Cotton Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Aug Sep ================================================================================ Million Acres Planted 13.75 10.23 11.17 11.17 Harvested 7.29 6.44 8.63 8.63 Pounds Yield per Harvested Acre 953 899 840 807 Million 480 Pound Bales Beginning Stocks 4.60 4.65 3.15 3.15 Production 14.47 12.07 15.11 14.51 Imports 0.00 0.00 0.01 0.01 Supply, Total 19.07 16.72 18.27 17.67 Domestic Use 2.05 1.85 1.90 1.90 Exports, Total 12.45 11.75 12.00 11.80 Use, Total 14.50 13.60 13.90 13.70 Unaccounted 2/ -0.08 -0.03 -0.14 -0.03 Ending Stocks 4.65 3.15 4.50 4.00 Avg. Farm Price 3/ 84.8 76.0 66.0 66.0 ================================================================================ WASDE - 652 - 18 September 2024 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2022/23 World 3/ 273.52 789.49 213.10 152.71 789.38 221.76 273.63 World Less China 136.76 651.76 199.81 119.71 641.38 220.82 134.81 United States 18.36 44.90 3.31 2.03 30.33 20.73 15.50 Total Foreign 255.17 744.59 209.79 150.69 759.04 201.03 258.13 Major Exporters 4/ 41.53 335.69 13.33 73.92 180.96 162.28 47.32 Argentina 1.93 12.55 0.00 0.25 6.85 3.66 3.97 Australia 3.45 40.55 0.20 4.50 8.00 31.82 4.37 Canada 4.17 34.81 0.55 3.17 8.31 25.59 5.63 European Union 5/ 13.63 134.29 12.19 45.00 109.00 35.08 16.04 Russia 12.09 92.00 0.30 18.00 41.00 49.00 14.39 Ukraine 6.27 21.50 0.08 3.00 7.80 17.12 2.93 Major Importers 6/ 172.98 206.11 133.96 50.69 320.31 15.13 177.60 Bangladesh 1.31 1.10 5.12 0.20 6.70 0.00 0.83 Brazil 1.10 10.55 4.68 0.45 11.85 2.69 1.80 China 136.76 137.72 13.28 33.00 148.00 0.95 138.82 Japan 1.18 1.06 5.45 0.75 6.25 0.29 1.14 N. Africa 7/ 12.72 17.24 29.68 1.67 46.72 0.77 12.15 Nigeria 0.62 0.11 4.73 0.00 4.70 0.40 0.36 Sel. Mideast 8/ 10.22 17.43 24.71 3.58 39.44 0.65 12.26 Southeast Asia 9/ 4.64 0.00 24.48 7.55 24.55 1.28 3.29 Selected Other India 19.50 104.00 0.04 6.50 108.67 5.38 9.50 Kazakhstan 1.49 16.40 4.00 1.80 6.80 10.87 4.22 United Kingdom 1.85 15.54 2.02 7.00 15.00 1.91 2.50 2023/24 Est. World 3/ 273.63 790.54 222.27 160.05 798.92 221.49 265.25 World Less China 134.81 653.95 208.63 123.05 645.42 220.45 130.74 United States 15.50 49.31 3.76 2.33 30.23 19.24 19.11 Total Foreign 258.13 741.23 218.51 157.72 768.70 202.25 246.14 Major Exporters 4/ 47.32 324.12 13.76 74.26 181.86 165.59 37.76 Argentina 3.97 15.85 0.00 0.25 7.05 8.20 4.57 Australia 4.37 25.96 0.22 4.00 7.50 20.00 3.05 Canada 5.63 32.95 0.56 4.01 9.11 25.44 4.58 European Union 5/ 16.04 134.87 12.63 46.50 111.00 37.87 14.66 Russia 14.39 91.50 0.30 17.50 40.50 55.50 10.19 Ukraine 2.93 23.00 0.06 2.00 6.70 18.58 0.71 Major Importers 6/ 177.60 208.72 138.87 55.83 329.95 19.77 175.47 Bangladesh 0.83 1.10 6.80 0.25 7.65 0.00 1.08 Brazil 1.80 8.10 6.50 0.60 12.00 2.83 1.57 China 138.82 136.59 13.64 37.00 153.50 1.04 134.50 Japan 1.14 1.14 5.35 0.65 6.15 0.31 1.17 N. Africa 7/ 12.15 16.37 31.24 1.63 46.73 2.00 11.03 Nigeria 0.36 0.12 5.11 0.00 4.80 0.35 0.44 Sel. Mideast 8/ 12.26 20.77 20.03 3.13 39.69 0.66 12.71 Southeast Asia 9/ 3.29 0.00 30.58 9.55 27.46 1.30 5.11 Selected Other India 9.50 110.55 0.13 6.75 112.34 0.34 7.50 Kazakhstan 4.22 12.11 2.50 2.50 7.50 8.00 3.33 United Kingdom 2.50 13.98 3.12 7.20 15.40 0.56 3.63 ================================================================================ WASDE - 652 - 19 September 2024 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 ================================================================================ 2024/25 Proj. World 3/ Aug 262.36 798.28 208.40 151.16 804.02 214.86 256.62 Sep 265.25 796.88 210.27 151.91 804.90 216.51 257.22 World Less China Aug 127.86 658.28 196.40 118.16 653.02 213.86 122.12 Sep 130.74 656.88 198.27 118.91 653.90 215.51 122.72 United States Aug 19.11 53.93 2.86 2.99 30.92 22.45 22.53 Sep 19.11 53.93 2.86 2.99 30.92 22.45 22.53 Total Foreign Aug 243.25 744.35 205.54 148.17 773.10 192.40 234.10 Sep 246.14 742.95 207.41 148.92 773.98 194.05 234.70 Major Exporters 4/ Aug 36.33 315.60 12.14 72.25 179.75 155.50 28.82 Sep 37.76 314.30 12.64 71.45 178.65 157.00 29.05 Argentina Aug 4.57 18.00 0.01 0.25 7.05 11.50 4.03 Sep 4.57 18.00 0.01 0.25 7.05 11.50 4.03 Australia Aug 3.57 30.00 0.20 3.50 7.00 23.00 3.77 Sep 3.05 32.00 0.20 4.00 7.50 25.00 2.75 Canada Aug 1.83 35.00 0.55 4.00 9.30 25.00 3.08 Sep 4.58 35.00 0.55 4.50 9.60 26.00 4.53 European Union 5/ Aug 15.40 128.00 11.00 46.00 110.25 34.00 10.15 Sep 14.66 124.00 11.50 44.50 108.75 31.50 9.91 Russia Aug 10.19 83.00 0.30 16.00 38.75 48.00 6.74 Sep 10.19 83.00 0.30 16.00 38.75 48.00 6.74 Ukraine Aug 0.77 21.60 0.08 2.50 7.40 14.00 1.05 Sep 0.71 22.30 0.08 2.20 7.00 15.00 1.09 Major Importers 6/ Aug 174.57 211.88 130.77 50.23 327.27 17.91 172.04 Sep 175.47 211.88 132.15 51.33 329.10 18.05 172.35 Bangladesh Aug 1.08 1.10 6.50 0.25 7.65 0.00 1.03 Sep 1.08 1.10 6.90 0.25 7.95 0.00 1.13 Brazil Aug 1.07 9.50 5.50 0.50 11.90 3.00 1.17 Sep 1.57 9.50 5.50 0.50 11.90 3.00 1.67 China Aug 134.50 140.00 12.00 33.00 151.00 1.00 134.50 Sep 134.50 140.00 12.00 33.00 151.00 1.00 134.50 Japan Aug 1.17 1.16 5.30 0.65 6.10 0.30 1.23 Sep 1.17 1.16 5.30 0.65 6.10 0.30 1.23 N. Africa 7/ Aug 10.60 16.05 31.90 1.45 46.80 1.60 10.15 Sep 11.03 16.05 31.90 1.45 46.80 1.60 10.58 Nigeria Aug 0.43 0.12 5.20 0.00 4.90 0.38 0.47 Sep 0.44 0.12 5.50 0.00 5.00 0.38 0.68 Sel. Mideast 8/ Aug 12.81 22.09 18.62 3.13 40.40 0.81 12.31 Sep 12.71 22.09 18.50 3.13 40.38 0.81 12.12 Southeast Asia 9/ Aug 5.11 0.00 27.75 8.25 26.53 1.14 5.20 Sep 5.11 0.00 29.55 9.65 28.28 1.28 5.11 India Aug 7.50 114.00 0.30 6.00 113.00 0.30 8.50 Sep 7.50 114.00 0.30 6.00 113.00 0.30 8.50 Kazakhstan Aug 2.83 16.00 1.00 2.00 7.00 10.50 2.33 Sep 3.33 16.00 1.00 2.00 7.00 10.50 2.83 United Kingdom Aug 3.63 10.85 3.20 6.00 14.00 0.50 3.18 Sep 3.63 10.85 3.20 6.50 14.50 0.50 2.68 ================================================================================ WASDE - 652 - 20 September 2024 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 ================================================================================ 2022/23 World 3/ 341.55 1451.71 213.08 894.43 1459.15 220.23 334.11 World Less China 131.53 1166.00 180.46 664.18 1137.58 220.22 127.35 United States 37.48 356.45 3.24 142.37 314.97 45.06 37.14 Total Foreign 304.08 1095.26 209.84 752.06 1144.18 175.16 296.98 Major Exporters 4/ 30.42 331.35 4.57 139.11 191.17 145.86 29.31 Argentina 5.58 42.91 0.02 11.70 17.63 28.75 2.14 Australia 3.61 18.84 0.00 5.77 7.65 10.89 3.92 Brazil 4.54 143.48 1.98 67.35 84.99 54.28 10.72 Canada 3.71 30.54 2.18 17.15 24.76 7.95 3.72 Russia 1.85 44.13 0.10 23.68 33.15 10.62 2.32 Ukraine 8.84 33.93 0.02 6.70 9.08 29.92 3.79 Major Importers 5/ 38.50 229.27 135.95 273.05 354.09 13.00 36.62 European Union 6/ 18.81 133.06 25.49 111.88 150.07 11.10 16.17 Japan 1.56 0.24 16.45 13.11 16.80 0.00 1.45 Mexico 3.94 33.88 20.27 32.88 52.75 0.05 5.30 N. Afr & Mideast 7/ 6.76 31.12 32.85 54.91 62.69 1.05 6.99 Saudi Arabia 1.41 0.25 7.59 7.51 7.85 0.00 1.40 Southeast Asia 8/ 3.30 30.46 17.80 39.49 47.90 0.80 2.86 South Korea 2.07 0.16 11.23 9.04 11.55 0.00 1.91 Selected Other China 210.02 285.70 32.62 230.25 321.57 0.01 206.77 2023/24 Est. World 3/ 334.11 1499.07 236.19 920.27 1493.71 243.16 339.48 World Less China 127.35 1201.93 189.56 675.74 1156.68 243.14 126.00 United States 37.14 402.89 2.69 150.48 329.53 64.28 48.90 Total Foreign 296.98 1096.19 233.50 769.78 1164.18 178.88 290.58 Major Exporters 4/ 29.31 325.43 5.77 136.78 191.03 150.14 19.34 Argentina 2.14 58.39 0.02 12.32 18.58 39.50 2.46 Australia 3.92 14.44 0.00 5.45 7.33 9.28 1.75 Brazil 10.72 128.54 2.00 67.98 87.61 48.11 5.55 Canada 3.72 27.52 3.04 16.96 24.63 6.02 3.63 Russia 2.32 42.54 0.10 21.34 30.39 12.86 1.71 Ukraine 3.79 39.78 0.02 6.17 8.67 32.04 2.88 Major Importers 5/ 36.62 228.87 142.36 276.11 358.50 14.71 34.64 European Union 6/ 16.17 136.41 21.73 109.49 148.15 11.52 14.65 Japan 1.45 0.25 16.93 13.27 17.16 0.00 1.47 Mexico 5.30 27.82 24.24 33.70 53.67 0.03 3.65 N. Afr & Mideast 7/ 6.99 33.32 37.60 59.27 67.61 2.60 7.70 Saudi Arabia 1.40 0.24 6.11 6.02 6.36 0.00 1.39 Southeast Asia 8/ 2.86 30.56 19.65 40.78 49.23 0.56 3.27 South Korea 1.91 0.16 11.42 9.05 11.54 0.00 1.96 Selected Other China 206.77 297.14 46.63 244.53 337.03 0.03 213.48 ================================================================================ WASDE - 652 - 21 September 2024 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 ================================================================================ 2024/25 Proj. World 3/ Aug 337.67 1504.29 224.37 933.33 1506.07 230.11 335.89 Sep 339.48 1502.45 225.03 933.00 1508.03 231.17 333.90 World Less China Aug 124.69 1203.99 184.42 686.38 1166.72 230.09 122.03 Sep 126.00 1202.15 185.91 684.88 1167.50 231.14 121.54 United States Aug 50.30 396.38 2.51 151.61 330.26 63.48 55.46 Sep 48.90 397.96 2.47 151.61 330.26 64.15 54.92 Total Foreign Aug 287.37 1107.91 221.86 781.72 1175.81 166.64 280.44 Sep 290.58 1104.49 222.56 781.39 1177.77 167.01 278.98 Major Exporters 4/ Aug 17.47 323.99 5.08 138.45 190.12 141.49 14.93 Sep 19.34 323.59 4.63 137.08 190.81 141.73 15.02 Argentina Aug 2.46 59.49 0.01 12.43 18.84 40.40 2.71 Sep 2.46 59.49 0.01 12.43 18.84 40.40 2.71 Australia Aug 1.66 15.37 0.00 5.34 7.21 8.21 1.61 Sep 1.75 16.27 0.00 5.34 7.21 9.11 1.70 Brazil Aug 4.50 133.76 2.02 70.05 87.64 49.09 3.55 Sep 5.55 133.76 2.02 69.05 88.69 49.09 3.56 Canada Aug 2.92 27.12 2.79 16.70 24.50 5.63 2.70 Sep 3.63 26.23 2.35 16.30 24.10 5.34 2.77 Russia Aug 1.71 37.40 0.10 21.08 29.55 8.48 1.19 Sep 1.71 36.80 0.10 20.98 29.45 8.10 1.06 Ukraine Aug 2.86 33.32 0.02 5.81 8.29 26.47 1.45 Sep 2.88 33.42 0.02 5.91 8.39 26.47 1.47 Major Importers 5/ Aug 34.25 235.74 138.69 282.17 365.06 11.71 31.93 Sep 34.64 233.55 139.99 282.20 364.96 11.54 31.68 European Union 6/ Aug 14.63 140.65 19.57 111.69 150.68 10.40 13.77 Sep 14.65 138.46 20.54 110.99 149.86 10.18 13.61 Japan Aug 1.48 0.26 16.91 13.45 17.19 0.00 1.46 Sep 1.47 0.26 16.91 13.45 17.19 0.00 1.45 Mexico Aug 3.25 30.36 22.78 33.20 53.20 0.03 3.15 Sep 3.65 30.36 23.20 34.08 54.08 0.03 3.10 N. Afr & Mideast 7/ Aug 7.72 32.45 36.16 60.86 69.08 0.72 6.54 Sep 7.70 32.45 35.76 60.41 68.63 0.77 6.52 Saudi Arabia Aug 1.39 0.24 7.61 7.52 7.86 0.00 1.38 Sep 1.39 0.24 7.61 7.52 7.86 0.00 1.38 Southeast Asia 8/ Aug 3.27 31.51 19.01 41.30 50.15 0.56 3.07 Sep 3.27 31.51 19.31 41.60 50.45 0.56 3.07 South Korea Aug 1.96 0.16 11.90 9.53 12.02 0.00 2.00 Sep 1.96 0.16 11.90 9.53 12.02 0.00 2.00 China Aug 212.98 300.30 39.95 246.95 339.35 0.03 213.86 Sep 213.48 300.30 39.13 248.13 340.53 0.03 212.36 ================================================================================ WASDE - 652 - 22 September 2024 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2022/23 World 3/ 313.74 1159.69 173.39 734.56 1170.60 180.24 302.82 World Less China 104.60 882.49 154.68 516.56 871.60 180.23 96.78 United States 34.98 346.74 0.98 139.35 305.93 42.22 34.55 Total Foreign 278.76 812.95 172.41 595.21 864.67 138.02 268.27 Major Exporters 4/ 19.40 232.93 1.45 91.01 120.34 115.97 17.47 Argentina 4.75 36.00 0.02 10.00 14.20 25.24 1.32 Brazil 3.97 137.00 1.33 61.50 78.00 54.26 10.04 Russia 0.93 15.83 0.05 8.90 10.00 5.90 0.91 South Africa 1.95 17.10 0.03 6.61 13.24 3.44 2.41 Ukraine 7.80 27.00 0.02 4.00 4.90 27.12 2.80 Major Importers 5/ 23.60 118.45 95.26 157.35 211.55 5.05 20.72 Egypt 1.56 7.44 6.22 11.20 13.70 0.00 1.51 European Union 6/ 11.51 52.33 23.19 55.60 74.80 4.20 8.03 Japan 1.36 0.01 14.93 11.70 15.00 0.00 1.30 Mexico 3.18 28.08 19.39 27.50 46.00 0.05 4.59 Southeast Asia 7/ 3.29 30.41 16.25 38.15 46.30 0.80 2.85 South Korea 2.06 0.09 11.10 9.00 11.35 0.00 1.90 Selected Other Canada 2.75 14.54 2.13 9.58 14.93 2.86 1.63 China 209.14 277.20 18.71 218.00 299.00 0.01 206.04 2023/24 Est. World 3/ 302.82 1224.33 192.53 766.56 1217.52 199.73 309.63 World Less China 96.78 935.48 169.03 541.56 910.52 199.71 98.27 United States 34.55 389.69 0.76 146.69 320.82 58.17 46.02 Total Foreign 268.27 834.63 191.77 619.87 896.71 141.56 263.61 Major Exporters 4/ 17.47 234.80 1.73 91.60 123.25 121.00 9.75 Argentina 1.32 50.00 0.02 10.40 14.80 35.00 1.54 Brazil 10.04 122.00 1.30 62.00 80.50 48.00 4.84 Russia 0.91 16.60 0.05 9.50 10.60 6.20 0.76 South Africa 2.41 13.70 0.35 6.40 13.10 2.30 1.06 Ukraine 2.80 32.50 0.02 3.30 4.25 29.50 1.56 Major Importers 5/ 20.72 122.07 100.77 164.30 219.45 4.99 19.11 Egypt 1.51 7.20 7.50 12.30 14.80 0.00 1.41 European Union 6/ 8.03 61.45 19.50 57.30 77.10 4.40 7.48 Japan 1.30 0.01 15.50 12.00 15.50 0.00 1.31 Mexico 4.59 22.70 23.50 29.00 47.60 0.03 3.16 Southeast Asia 7/ 2.85 30.51 18.87 40.20 48.40 0.56 3.26 South Korea 1.90 0.09 11.30 9.00 11.35 0.00 1.94 Selected Other Canada 1.63 15.42 2.90 10.60 16.10 2.00 1.85 China 206.04 288.84 23.50 225.00 307.00 0.02 211.36 ================================================================================ WASDE - 652 - 23 September 2024 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 ================================================================================ 2024/25 Proj. World 3/ Aug 308.52 1219.82 185.85 772.80 1218.17 191.47 310.17 Sep 309.63 1218.57 185.40 772.18 1219.85 191.37 308.35 World Less China Aug 97.66 927.82 162.85 541.80 905.17 191.45 97.33 Sep 98.27 926.57 164.40 541.18 906.85 191.35 97.01 United States Aug 47.42 384.74 0.64 147.96 321.71 58.42 52.67 Sep 46.02 385.73 0.64 147.96 321.71 58.42 52.26 Total Foreign Aug 261.10 835.08 185.21 624.84 896.47 133.04 257.51 Sep 263.61 832.84 184.77 624.22 898.14 132.94 256.09 Major Exporters 4/ Aug 8.75 236.30 1.58 93.50 123.05 116.40 7.18 Sep 9.75 235.70 1.58 92.40 123.95 116.00 7.08 Argentina Aug 1.54 51.00 0.01 10.30 14.80 36.00 1.74 Sep 1.54 51.00 0.01 10.30 14.80 36.00 1.74 Brazil Aug 3.84 127.00 1.50 64.00 80.50 49.00 2.84 Sep 4.84 127.00 1.50 63.00 81.50 49.00 2.84 Russia Aug 0.76 14.10 0.05 9.20 10.30 4.20 0.41 Sep 0.76 13.50 0.05 9.10 10.20 3.80 0.31 South Africa Aug 1.06 17.00 0.00 6.90 13.40 3.20 1.46 Sep 1.06 17.00 0.00 6.90 13.40 3.20 1.46 Ukraine Aug 1.56 27.20 0.02 3.10 4.05 24.00 0.73 Sep 1.56 27.20 0.02 3.10 4.05 24.00 0.73 Major Importers 5/ Aug 18.72 124.77 98.00 164.10 219.60 4.09 17.79 Sep 19.11 123.27 99.80 165.00 220.50 3.89 17.79 Egypt Aug 1.41 7.60 7.80 12.90 15.40 0.00 1.41 Sep 1.41 7.60 7.80 12.90 15.40 0.00 1.41 European Union 6/ Aug 7.48 60.50 18.00 55.80 75.60 3.50 6.88 Sep 7.48 59.00 19.00 55.50 75.30 3.30 6.88 Japan Aug 1.31 0.02 15.50 12.20 15.55 0.00 1.27 Sep 1.31 0.02 15.50 12.20 15.55 0.00 1.27 Mexico Aug 2.76 25.00 22.00 28.40 47.10 0.03 2.63 Sep 3.16 25.00 22.50 29.30 48.00 0.03 2.63 Southeast Asia 7/ Aug 3.26 31.46 18.20 40.70 49.30 0.56 3.06 Sep 3.26 31.46 18.50 41.00 49.60 0.56 3.06 South Korea Aug 1.94 0.10 11.80 9.50 11.85 0.00 1.99 Sep 1.94 0.10 11.80 9.50 11.85 0.00 1.99 Canada Aug 1.60 14.50 2.70 10.00 15.50 1.70 1.60 Sep 1.85 15.20 2.20 10.20 15.70 1.90 1.65 China Aug 210.86 292.00 23.00 231.00 313.00 0.02 212.84 Sep 211.36 292.00 21.00 231.00 313.00 0.02 211.34 ================================================================================ WASDE - 652 - 24 September 2024 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 ================================================================================ 2022/23 World 3/ 183.68 516.02 56.56 519.93 54.64 179.76 World Less China 70.68 370.07 52.18 364.94 52.90 73.16 United States 1.26 5.08 1.27 4.60 2.05 0.96 Total Foreign 182.42 510.94 55.30 515.34 52.58 178.80 Major Exporters 4/ 44.44 202.93 2.81 163.04 42.54 44.60 Burma 1.08 11.80 0.01 10.20 1.58 1.11 India 34.00 135.76 0.00 114.51 20.25 35.00 Pakistan 2.38 7.32 0.01 3.93 3.76 2.02 Thailand 4.13 20.91 0.05 12.50 8.74 3.85 Vietnam 2.86 27.14 2.75 21.90 8.23 2.62 Major Importers 5/ 125.49 238.77 23.40 263.79 2.16 121.70 China 113.00 145.95 4.38 154.99 1.74 106.60 European Union 6/ 0.91 1.29 2.31 3.30 0.39 0.81 Indonesia 2.90 33.90 3.50 35.60 0.00 4.70 Nigeria 2.05 5.36 2.28 7.50 0.00 2.18 Philippines 3.10 12.63 3.75 16.10 0.00 3.38 Sel. Mideast 7/ 1.16 2.01 4.46 6.35 0.00 1.27 Selected Other Brazil 0.90 6.82 1.04 7.00 1.15 0.62 C. Amer & Carib 8/ 0.57 1.52 1.98 3.34 0.05 0.69 Egypt 0.61 3.60 0.39 4.00 0.01 0.60 Japan 1.90 7.48 0.66 8.15 0.08 1.81 Mexico 0.14 0.14 0.78 0.98 0.00 0.09 South Korea 1.33 3.76 0.26 3.88 0.06 1.43 2023/24 Est. World 3/ 179.76 520.65 51.53 523.03 54.41 177.38 World Less China 73.16 376.03 50.01 374.92 52.78 74.38 United States 0.96 6.93 1.42 4.94 3.12 1.25 Total Foreign 178.80 513.72 50.12 518.09 51.30 176.13 Major Exporters 4/ 44.60 205.39 3.01 166.35 41.05 45.60 Burma 1.11 11.90 0.00 10.10 2.00 0.91 India 35.00 137.00 0.00 117.75 15.25 39.00 Pakistan 2.02 9.87 0.01 4.00 6.40 1.50 Thailand 3.85 20.00 0.10 12.50 8.80 2.65 Vietnam 2.62 26.63 2.90 22.00 8.60 1.55 Major Importers 5/ 121.70 237.28 19.80 258.37 2.02 118.39 China 106.60 144.62 1.53 148.12 1.63 103.00 European Union 6/ 0.81 1.38 2.10 3.25 0.36 0.68 Indonesia 4.70 33.02 3.80 36.00 0.00 5.52 Nigeria 2.18 5.61 1.80 7.50 0.00 2.08 Philippines 3.38 12.33 4.50 16.60 0.00 3.60 Sel. Mideast 7/ 1.27 2.02 4.60 6.55 0.00 1.34 Selected Other Brazil 0.62 7.23 1.10 7.10 1.00 0.84 C. Amer & Carib 8/ 0.69 1.50 1.86 3.25 0.04 0.76 Egypt 0.60 3.78 0.23 4.05 0.01 0.55 Japan 1.81 7.27 0.69 8.00 0.08 1.69 Mexico 0.09 0.15 0.87 0.99 0.01 0.11 South Korea 1.43 3.70 0.40 4.12 0.11 1.31 ================================================================================ WASDE - 652 - 25 September 2024 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 ================================================================================ 2024/25 Proj. World 3/ Aug 176.69 527.71 50.86 526.96 54.42 177.43 Sep 177.38 527.31 50.99 527.46 54.30 177.24 World Less China Aug 73.69 381.71 49.36 381.96 52.92 73.43 Sep 74.38 381.31 49.49 382.36 52.90 73.24 United States Aug 1.22 7.01 1.45 5.08 3.21 1.39 Sep 1.25 6.98 1.48 5.05 3.21 1.45 Total Foreign Aug 175.47 520.70 49.42 521.88 51.21 176.05 Sep 176.13 520.34 49.52 522.41 51.09 175.79 Major Exporters 4/ Aug 45.10 206.70 3.06 168.90 40.60 45.36 Sep 45.60 207.70 3.06 169.90 40.60 45.86 Burma Aug 0.91 12.10 0.01 10.20 1.80 1.02 Sep 0.91 12.10 0.01 10.20 1.80 1.02 India Aug 38.50 138.00 0.00 120.00 18.00 38.50 Sep 39.00 139.00 0.00 121.00 18.00 39.00 Pakistan Aug 1.50 10.00 0.00 4.10 5.90 1.50 Sep 1.50 10.00 0.00 4.10 5.90 1.50 Thailand Aug 2.65 20.10 0.10 12.60 7.50 2.75 Sep 2.65 20.10 0.10 12.60 7.50 2.75 Vietnam Aug 1.55 26.50 2.95 22.00 7.40 1.60 Sep 1.55 26.50 2.95 22.00 7.40 1.60 Major Importers 5/ Aug 117.94 241.47 18.10 257.40 1.95 118.16 Sep 118.39 240.52 18.10 257.30 1.85 117.86 China Aug 103.00 146.00 1.50 145.00 1.50 104.00 Sep 103.00 146.00 1.50 145.10 1.40 104.00 European Union 6/ Aug 0.68 1.72 2.20 3.35 0.40 0.85 Sep 0.68 1.72 2.20 3.35 0.40 0.85 Indonesia Aug 5.22 34.00 1.50 36.50 0.00 4.22 Sep 5.52 34.00 1.50 36.50 0.00 4.52 Nigeria Aug 1.83 5.48 2.00 7.60 0.00 1.71 Sep 2.08 5.23 2.00 7.60 0.00 1.71 Philippines Aug 3.60 12.70 4.60 17.30 0.00 3.60 Sep 3.60 12.70 4.60 17.30 0.00 3.60 Sel. Mideast 7/ Aug 1.44 2.28 4.70 6.85 0.00 1.56 Sep 1.34 2.28 4.70 6.85 0.00 1.46 Brazil Aug 0.84 7.50 0.90 7.10 1.20 0.94 Sep 0.84 7.50 0.90 7.10 1.20 0.94 C. Amer & Carib 8/ Aug 0.76 1.55 1.86 3.36 0.04 0.77 Sep 0.76 1.54 1.88 3.38 0.04 0.76 Egypt Aug 0.55 3.60 0.40 4.08 0.01 0.47 Sep 0.55 3.60 0.40 4.08 0.01 0.47 Japan Aug 1.69 7.20 0.69 7.95 0.08 1.55 Sep 1.69 7.20 0.69 7.95 0.08 1.55 Mexico Aug 0.10 0.16 0.86 1.00 0.01 0.12 Sep 0.11 0.16 0.86 1.01 0.01 0.12 South Korea Aug 1.31 3.60 0.44 3.90 0.13 1.32 Sep 1.31 3.60 0.44 3.90 0.13 1.32 ================================================================================ WASDE - 652 - 26 September 2024 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 World 71.01 116.46 37.65 112.64 36.78 -0.27 75.97 World Less China 36.84 85.71 31.42 74.94 36.68 -0.27 42.61 United States 4.60 14.47 3/ 2.05 12.45 -0.08 4.65 Total Foreign 66.41 102.00 37.65 110.59 24.33 -0.19 71.32 Major Exporters 4/ 21.76 55.76 2.38 32.81 20.05 -0.20 27.23 Central Asia 5/ 2.73 5.54 0.01 3.53 1.12 0.00 3.63 Afr. Fr. Zone 6/ 1.01 4.02 3/ 0.10 3.98 0.00 0.96 S. Hemis. 7/ 9.19 19.32 0.14 4.12 13.39 -0.20 11.34 Australia 4.98 5.80 3/ 0.01 6.19 -0.20 4.78 Brazil 2.05 11.72 0.01 3.11 6.66 0.00 4.01 India 8.40 26.30 1.73 24.50 1.10 0.00 10.82 Major Importers 8/ 42.77 42.93 32.86 73.77 3.01 0.02 41.77 Mexico 0.32 1.58 0.69 1.80 0.41 0.00 0.38 China 34.17 30.75 6.23 37.70 0.09 0.00 33.36 European Union 9/ 0.30 1.64 0.52 0.56 1.52 0.00 0.39 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 2.28 0.15 7.00 7.70 0.00 0.00 1.73 Vietnam 1.02 3/ 6.47 6.45 0.00 0.00 1.05 2023/24 Est. World 75.97 113.57 43.73 113.15 44.71 -0.21 75.61 World Less China 42.61 86.22 28.75 75.15 44.65 -0.21 37.99 United States 4.65 12.07 3/ 1.85 11.75 -0.03 3.15 Total Foreign 71.32 101.50 43.73 111.30 32.96 -0.18 72.46 Major Exporters 4/ 27.23 58.41 1.53 33.76 28.25 -0.18 25.34 Central Asia 5/ 3.63 5.20 0.01 3.86 1.61 0.00 3.38 Afr. Fr. Zone 6/ 0.96 5.02 3/ 0.10 4.59 0.00 1.29 S. Hemis. 7/ 11.34 21.92 0.15 4.15 19.26 -0.18 10.17 Australia 4.78 5.00 3/ 0.01 5.76 -0.18 4.19 Brazil 4.01 14.57 0.01 3.10 12.31 0.00 3.17 India 10.82 25.80 0.88 25.00 2.33 0.00 10.17 Major Importers 8/ 41.77 39.63 39.72 73.47 2.95 0.00 44.71 Mexico 0.38 0.87 0.70 1.50 0.20 0.00 0.24 China 33.36 27.35 14.98 38.00 0.06 0.00 37.62 European Union 9/ 0.39 1.05 0.50 0.53 1.10 0.00 0.32 Turkey 2.63 3.20 3.57 6.60 1.39 0.00 1.41 Pakistan 1.53 7.00 3.20 9.70 0.18 0.00 1.85 Indonesia 0.36 3/ 1.85 1.80 0.01 0.00 0.40 Thailand 0.14 3/ 0.40 0.45 0.00 0.00 0.09 Bangladesh 1.73 0.16 7.30 7.60 0.00 0.00 1.59 Vietnam 1.05 3/ 6.59 6.60 0.00 0.00 1.03 ================================================================================ WASDE - 652 - 27 September 2024 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2024/25 Proj. World Aug 75.78 117.64 43.63 116.21 43.54 -0.31 77.61 Sep 75.61 116.42 42.99 115.75 42.99 -0.21 76.49 World Less China Aug 38.15 90.14 33.63 78.21 43.47 -0.31 40.55 Sep 37.99 88.62 33.49 77.75 42.92 -0.21 39.65 United States Aug 3.15 15.11 0.01 1.90 12.00 -0.14 4.50 Sep 3.15 14.51 0.01 1.90 11.80 -0.03 4.00 Total Foreign Aug 72.63 102.53 43.63 114.31 31.54 -0.18 73.11 Sep 72.46 101.91 42.98 113.85 31.19 -0.18 72.49 Major Exporters 4/ Aug 25.64 59.22 2.70 34.68 27.33 -0.18 25.71 Sep 25.34 58.57 3.00 34.66 26.96 -0.18 25.47 Central Asia 5/ Aug 3.38 5.19 0.03 4.08 1.40 0.00 3.12 Sep 3.38 5.27 0.03 4.08 1.38 0.00 3.22 Afr. Fr. Zone 6/ Aug 1.28 4.92 3/ 0.10 4.78 0.00 1.32 Sep 1.29 4.81 3/ 0.10 4.65 0.00 1.36 S. Hemis. 7/ Aug 10.08 24.05 0.15 4.36 19.18 -0.18 10.91 Sep 10.17 23.93 0.15 4.34 19.16 -0.18 10.93 Australia Aug 4.15 5.00 3/ 0.01 5.40 -0.18 3.91 Sep 4.19 5.00 3/ 0.01 5.40 -0.18 3.96 Brazil Aug 3.17 16.70 0.01 3.30 12.50 0.00 4.08 Sep 3.17 16.70 0.01 3.30 12.50 0.00 4.08 India Aug 10.57 24.50 2.00 25.50 1.50 0.00 10.07 Sep 10.17 24.00 2.30 25.50 1.30 0.00 9.67 Major Importers 8/ Aug 44.59 39.82 38.26 75.32 2.39 0.00 44.96 Sep 44.71 39.85 37.33 74.91 2.39 0.00 44.59 Mexico Aug 0.24 0.80 0.95 1.55 0.20 0.00 0.24 Sep 0.24 0.83 0.93 1.55 0.20 0.00 0.24 China Aug 37.63 27.50 10.00 38.00 0.08 0.00 37.06 Sep 37.62 27.80 9.50 38.00 0.08 0.00 36.84 European Union 9/ Aug 0.35 1.36 0.55 0.57 1.25 0.00 0.44 Sep 0.32 1.36 0.54 0.56 1.25 0.00 0.41 Turkey Aug 1.43 4.00 4.80 7.60 0.80 0.00 1.83 Sep 1.41 4.00 4.70 7.50 0.80 0.00 1.81 Pakistan Aug 1.65 6.00 4.00 9.60 0.05 0.00 2.00 Sep 1.85 5.70 4.00 9.60 0.05 0.00 1.90 Indonesia Aug 0.40 3/ 2.00 2.00 0.01 0.00 0.39 Sep 0.40 3/ 2.00 2.00 0.01 0.00 0.39 Thailand Aug 0.10 3/ 0.40 0.42 0.00 0.00 0.09 Sep 0.09 3/ 0.40 0.42 0.00 0.00 0.08 Bangladesh Aug 1.59 0.16 7.80 7.80 0.00 0.00 1.74 Sep 1.59 0.16 7.70 7.70 0.00 0.00 1.74 Vietnam Aug 1.05 3/ 7.10 7.10 0.00 0.00 1.05 Sep 1.03 3/ 6.90 6.90 0.00 0.00 1.04 ================================================================================ WASDE - 652 - 28 September 2024 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2022/23 World 2/ 92.57 378.70 167.82 315.41 366.47 171.76 100.86 World Less China 67.42 358.41 63.32 219.41 248.97 171.67 68.52 United States 7.47 116.22 0.67 60.20 63.29 53.87 7.19 Total Foreign 85.10 262.48 167.16 255.21 303.18 117.88 93.67 Major Exporters 3/ 51.49 197.95 9.25 87.23 97.45 106.96 54.29 Argentina 23.69 25.00 9.06 30.32 36.57 4.19 17.00 Brazil 27.38 162.00 0.15 53.41 57.21 95.50 36.82 Paraguay 0.18 10.25 0.01 3.45 3.58 6.50 0.37 Major Importers 4/ 27.77 23.80 135.67 123.47 152.40 0.33 34.51 China 25.15 20.28 104.50 96.00 117.50 0.09 32.34 European Union 1.45 2.61 13.14 14.30 15.87 0.23 1.10 Southeast Asia 5/ 0.64 0.49 8.25 3.92 8.70 0.01 0.67 Mexico 0.30 0.18 6.44 6.65 6.70 0.00 0.22 2023/24 Est. World 2/ 100.86 394.75 177.86 330.11 383.28 177.95 112.25 World Less China 68.52 373.91 66.36 231.11 261.58 177.85 69.37 United States 7.19 113.34 0.54 62.46 65.56 46.27 9.26 Total Foreign 93.67 281.41 177.32 267.65 317.73 131.68 103.00 Major Exporters 3/ 54.29 215.30 8.13 93.10 104.45 120.60 52.67 Argentina 17.00 48.10 7.20 35.50 42.75 5.20 24.35 Brazil 36.82 153.00 0.90 54.00 57.85 105.00 27.87 Paraguay 0.37 11.00 0.02 3.50 3.60 7.60 0.19 Major Importers 4/ 34.51 24.73 144.14 127.00 157.41 0.42 45.55 China 32.34 20.84 111.50 99.00 121.70 0.10 42.88 European Union 1.10 2.99 13.80 14.50 16.22 0.30 1.37 Southeast Asia 5/ 0.67 0.47 9.14 4.59 9.45 0.01 0.82 Mexico 0.22 0.19 6.40 6.48 6.54 0.01 0.26 2024/25 Proj. World 2/ Aug 112.36 428.73 177.28 346.58 402.84 181.22 134.30 Sep 112.25 429.20 177.74 346.67 402.98 181.63 134.58 World Less China Aug 69.48 408.03 68.28 243.58 276.04 181.12 88.62 Sep 69.37 408.50 68.74 243.67 276.18 181.53 88.90 United States Aug 9.39 124.90 0.41 66.00 69.10 50.35 15.25 Sep 9.26 124.81 0.41 66.00 69.16 50.35 14.97 Total Foreign Aug 102.97 303.83 176.87 280.59 333.74 130.87 119.06 Sep 103.00 304.39 177.33 280.68 333.82 131.28 119.61 Major Exporters 3/ Aug 52.62 233.80 5.68 97.60 109.63 119.10 63.37 Sep 52.67 234.30 6.18 97.60 109.63 119.60 63.92 Argentina Aug 24.35 51.00 5.50 40.00 47.60 4.50 28.75 Sep 24.35 51.00 6.00 40.00 47.60 4.50 29.25 Brazil Aug 27.82 169.00 0.15 54.00 58.10 105.00 33.87 Sep 27.87 169.00 0.15 54.00 58.10 105.00 33.92 Paraguay Aug 0.19 10.70 0.02 3.50 3.68 6.80 0.43 Sep 0.19 11.20 0.02 3.50 3.68 7.30 0.43 Major Importers 4/ Aug 45.55 24.54 143.66 132.41 164.25 0.42 49.09 Sep 45.55 24.44 143.66 132.41 164.25 0.42 49.00 China Aug 42.88 20.70 109.00 103.00 126.80 0.10 45.68 Sep 42.88 20.70 109.00 103.00 126.80 0.10 45.68 European Union Aug 1.36 2.98 14.60 15.20 17.02 0.30 1.61 Sep 1.37 2.88 14.60 15.20 17.02 0.30 1.52 Southeast Asia 5/ Aug 0.82 0.46 10.01 5.00 10.09 0.01 1.19 Sep 0.82 0.46 10.01 5.00 10.09 0.01 1.19 Mexico Aug 0.26 0.16 6.70 6.65 6.71 0.00 0.41 Sep 0.26 0.16 6.70 6.65 6.71 0.00 0.41 ================================================================================ WASDE - 652 - 29 September 2024 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2022/23 World 2/ 16.24 247.80 63.23 246.99 67.07 13.21 World Less China 15.53 171.77 63.19 171.94 66.27 12.27 United States 0.28 47.62 0.58 34.95 13.20 0.34 Total Foreign 15.95 200.18 62.66 212.04 53.87 12.87 Major Exporters 3/ 6.88 73.01 0.10 30.38 43.96 5.66 Argentina 2.80 23.65 0.07 3.45 20.75 2.31 Brazil 3.66 41.13 0.01 20.30 21.33 3.15 India 0.42 8.24 0.03 6.63 1.87 0.20 Major Importers 4/ 2.28 21.57 36.77 57.95 0.98 1.68 European Union 0.66 11.30 16.01 26.74 0.74 0.49 Mexico 0.15 5.26 1.67 6.93 0.00 0.15 Southeast Asia 5/ 1.37 3.05 17.55 20.73 0.24 1.01 China 0.71 76.03 0.04 75.05 0.80 0.94 2023/24 Est. World 2/ 13.21 259.07 69.99 254.88 73.67 13.72 World Less China 12.27 180.66 69.94 177.73 72.27 12.87 United States 0.34 49.13 0.59 35.18 14.52 0.36 Total Foreign 12.87 209.94 69.40 219.71 59.16 13.35 Major Exporters 3/ 5.66 78.31 0.08 30.63 48.60 4.82 Argentina 2.31 27.69 0.01 3.48 24.40 2.14 Brazil 3.15 41.58 0.02 20.00 22.40 2.35 India 0.20 9.04 0.05 7.15 1.80 0.34 Major Importers 4/ 1.68 21.99 38.70 59.14 0.98 2.24 European Union 0.49 11.46 16.30 26.84 0.70 0.70 Mexico 0.15 5.12 2.08 7.15 0.00 0.19 Southeast Asia 5/ 1.01 3.58 18.50 21.54 0.28 1.27 China 0.94 78.41 0.05 77.15 1.40 0.85 2024/25 Proj. World 2/ Aug 13.77 271.87 71.11 266.31 74.63 15.83 Sep 13.72 271.95 71.21 266.32 74.76 15.79 World Less China Aug 12.83 190.30 71.06 185.66 73.63 14.91 Sep 12.87 190.37 71.16 185.77 73.76 14.87 United States Aug 0.36 51.78 0.54 36.40 15.88 0.41 Sep 0.36 51.78 0.54 36.40 15.88 0.41 Total Foreign Aug 13.41 220.10 70.57 229.90 58.75 15.42 Sep 13.35 220.17 70.66 229.92 58.89 15.38 Major Exporters 3/ Aug 4.98 81.58 0.07 32.18 49.00 5.46 Sep 4.82 81.58 0.07 32.08 49.10 5.30 Argentina Aug 2.14 31.20 0.01 3.55 27.30 2.50 Sep 2.14 31.20 0.01 3.55 27.30 2.50 Brazil Aug 2.45 41.58 0.01 21.00 20.50 2.54 Sep 2.35 41.58 0.01 21.00 20.50 2.44 India Aug 0.40 8.80 0.05 7.63 1.20 0.42 Sep 0.34 8.80 0.05 7.53 1.30 0.36 Major Importers 4/ Aug 2.14 23.09 39.58 61.18 1.19 2.43 Sep 2.24 23.09 39.58 61.28 1.19 2.43 European Union Aug 0.60 12.01 16.20 27.24 0.90 0.66 Sep 0.70 12.01 16.20 27.34 0.90 0.66 Mexico Aug 0.19 5.26 2.20 7.43 0.00 0.22 Sep 0.19 5.26 2.20 7.43 0.00 0.22 Southeast Asia 5/ Aug 1.27 3.90 19.43 22.83 0.29 1.48 Sep 1.27 3.90 19.43 22.83 0.29 1.48 China Aug 0.95 81.58 0.05 80.65 1.00 0.92 Sep 0.85 81.58 0.05 80.55 1.00 0.92 ================================================================================ WASDE - 652 - 30 September 2024 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2022/23 World 2/ 5.10 59.61 10.85 58.84 11.71 5.01 World Less China 4.72 42.41 10.46 41.84 11.60 4.14 United States 0.90 11.90 0.17 12.07 0.17 0.73 Total Foreign 4.20 47.71 10.68 46.77 11.54 4.28 Major Exporters 3/ 2.04 19.94 0.65 12.91 8.27 1.46 Argentina 0.53 5.99 0.00 2.06 4.14 0.32 Brazil 0.95 10.58 0.03 8.38 2.69 0.49 European Union 0.55 2.72 0.62 2.41 0.92 0.56 Major Importers 4/ 0.83 20.09 6.31 25.36 0.19 1.69 China 0.39 17.20 0.40 17.00 0.11 0.87 India 0.19 1.85 3.97 5.40 0.01 0.60 North Africa 5/ 0.24 0.73 1.27 1.98 0.07 0.19 2023/24 Est. World 2/ 5.01 62.44 10.54 61.55 11.16 5.28 World Less China 4.14 44.70 10.14 43.45 11.06 4.46 United States 0.73 12.30 0.30 12.29 0.30 0.74 Total Foreign 4.28 50.15 10.24 49.26 10.87 4.54 Major Exporters 3/ 1.46 21.23 0.57 13.93 7.59 1.73 Argentina 0.32 7.01 0.00 2.25 4.80 0.28 Brazil 0.49 10.80 0.07 9.15 1.40 0.81 European Union 0.56 2.76 0.50 2.46 0.75 0.61 Major Importers 4/ 1.69 21.10 5.15 26.22 0.21 1.51 China 0.87 17.74 0.40 18.10 0.10 0.82 India 0.60 2.03 2.95 5.15 0.02 0.42 North Africa 5/ 0.19 0.96 1.23 2.04 0.09 0.25 2024/25 Proj. World 2/ Aug 5.26 65.52 11.12 64.60 12.02 5.28 Sep 5.28 65.54 11.10 64.60 12.01 5.30 World Less China Aug 4.45 47.06 10.72 45.80 11.92 4.51 Sep 4.46 47.08 10.70 45.80 11.91 4.53 United States Aug 0.73 12.93 0.20 12.79 0.27 0.81 Sep 0.74 12.93 0.20 12.79 0.27 0.81 Total Foreign Aug 4.53 52.59 10.91 51.81 11.75 4.47 Sep 4.54 52.60 10.90 51.81 11.74 4.49 Major Exporters 3/ Aug 1.73 22.25 0.57 14.44 8.43 1.68 Sep 1.73 22.25 0.57 14.44 8.43 1.68 Argentina Aug 0.28 7.90 0.00 2.36 5.50 0.32 Sep 0.28 7.90 0.00 2.36 5.50 0.32 Brazil Aug 0.81 10.80 0.04 9.53 1.40 0.72 Sep 0.81 10.80 0.04 9.53 1.40 0.72 European Union Aug 0.61 2.89 0.53 2.48 0.95 0.60 Sep 0.61 2.89 0.53 2.48 0.95 0.60 Major Importers 4/ Aug 1.49 21.90 5.80 27.62 0.21 1.37 Sep 1.51 21.90 5.80 27.64 0.21 1.37 China Aug 0.82 18.46 0.40 18.80 0.10 0.77 Sep 0.82 18.46 0.40 18.80 0.10 0.77 India Aug 0.42 1.98 3.50 5.60 0.02 0.28 Sep 0.42 1.98 3.50 5.60 0.02 0.28 North Africa 5/ Aug 0.24 1.07 1.25 2.21 0.08 0.28 Sep 0.25 1.07 1.25 2.23 0.08 0.28 ================================================================================ WASDE - 652 - 31 September 2024 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 2023 III 6622 6490 13153 11681 1355 13195 26348 2311 56.0 IV 6810 7148 14003 11611 1343 13090 27094 2352 55.5 Annual 26967 27302 54448 46387 5457 52431 106880 9142 226.4 2024 I 6560 7094 13699 11430 1269 12834 26533 2266 57.0 II 6766 6714 13523 11654 1306 13105 26628 2240 57.4 III* 6695 6775 13514 12000 1290 13440 26954 2260 55.9 IV* 6775 7470 14290 12025 1265 13430 27720 2310 55.6 AugProj. 26736 28048 54961 46876 5115 52560 107521 9141 226.3 SepProj. 26795 28053 55025 47109 5130 52809 107834 9076 225.9 2025 I* 6470 7110 13625 11650 1275 13070 26695 2345 56.7 II* 6515 6800 13359 11825 1290 13260 26619 2345 58.1 AugProj. 25445 28550 54172 47500 5175 53260 107432 9470 228.2 SepProj. 25625 28505 54305 47675 5175 53435 107740 9445 227.9 ================================================================================ 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 2023 III 184.27 69.27 115.3 132.5 135.8 19.27 IV 177.93 53.58 118.5 100.8 182.2 21.17 Annual 175.54 58.59 124.4 140.1 192.4 20.34 2024 I 181.03 54.97 128.0 92.1 258.5 20.47 II 188.42 65.53 132.1 95.7 227.1 21.77 III* 188.00 63.00 126.0 92.0 330.0 23.75 IV* 183.00 54.00 126.0 95.0 300.0 26.20 AugProj. 188.11 59.38 128.8 94.2 271.4 22.30 SepProj. 185.11 59.38 128.0 93.7 278.9 23.05 2025 I* 186.00 54.00 129.0 96.0 225.0 24.20 II* 186.00 60.00 132.0 99.0 175.0 22.85 AugProj. 191 58 127 105 175 22.75 SepProj. 186 58 128 103 188 23.45 ================================================================================ WASDE - 652 - 32 September 2024 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 2023 723 27034 3725 31482 3038 638 27807 58.1 2024 Proj. Aug 638 26803 4188 31628 2940 610 28078 58.3 Sep 638 26862 4328 31828 2990 605 28233 58.6 2025 Proj. Aug 610 25512 4225 30347 2500 570 27277 56.3 Sep 605 25692 4335 30632 2600 560 27472 56.7 Pork 2023 504 27318 1142 28965 6824 471 21670 50.2 2024 Proj. Aug 471 28063 1188 29723 7122 475 22126 51.0 Sep 471 28068 1188 29728 7182 455 22091 50.9 2025 Proj. Aug 475 28565 1215 30255 7365 485 22405 51.3 Sep 455 28520 1205 30180 7365 465 22350 51.2 TotalRed Meat5/ 2023 1256 54540 5152 60948 9867 1130 49950 109.5 2024 Proj. Aug 1130 55053 5719 61902 10067 1107 50728 110.7 Sep 1130 55117 5874 62121 10177 1082 50862 110.9 2025 Proj. Aug 1107 54263 5775 61145 9870 1076 50199 108.9 Sep 1082 54397 5875 61353 9970 1046 50338 109.3 Broiler 2023 892 45890 131 46914 7260 835 38819 99.5 2024 Proj. Aug 835 46374 162 47371 6776 790 39805 101.5 Sep 835 46605 148 47588 6766 805 40017 102.0 2025 Proj. Aug 790 46992 180 47962 6875 800 40287 102.0 Sep 805 47165 160 48130 6875 805 40450 102.5 Turkey 2023 190 5457 42 5689 490 243 4956 14.8 2024 Proj. Aug 243 5115 38 5396 504 210 4682 13.9 Sep 243 5130 33 5406 507 200 4699 13.9 2025 Proj. Aug 210 5175 40 5425 530 210 4685 13.8 Sep 200 5175 32 5407 530 210 4667 13.8 Total Poultry6/ 2023 1087 51934 177 53199 7770 1085 44344 116.0 2024 Proj. Aug 1085 52058 203 53346 7301 1005 45039 117.0 Sep 1085 52304 184 53573 7294 1010 45269 117.6 2025 Proj. Aug 1005 52751 226 53982 7429 1016 45537 117.5 Sep 1010 52924 198 54132 7429 1021 45682 118.0 RedMeat& Poultry 2023 2343 106474 5329 114147 17637 2215 94294 225.4 2024 Proj. Aug 2215 107111 5922 115248 17368 2112 95768 227.7 Sep 2215 107421 6058 115694 17471 2092 96131 228.5 2025 Proj. Aug 2112 107014 6001 115127 17299 2092 95736 226.4 Sep 2092 107321 6073 115486 17399 2067 96020 227.3 ================================================================================ WASDE - 652 - 33 September 2024 U.S. Egg Supply and Use ================================================================================ 2022 2023 2024Proj. 2024Proj. 2025Proj. 2025Proj. Commodity Aug Sep Aug Sep ================================================================================ Million Dozen Eggs Supply BeginningStocks 19.1 18.8 23.1 23.1 23.0 20.0 Production 9116.6 9142.4 9140.6 9076.2 9470.0 9445.0 Imports 26.0 27.5 28.4 28.1 30.0 30.0 Total Supply 9161.7 9188.6 9192.0 9127.4 9523.0 9495.0 Use Exports 226.6 250.5 252.7 245.7 264.0 264.0 Hatching Use 1117.3 1112.5 1138.6 1143.6 1135.0 1135.0 Ending Stocks 18.8 23.1 23.0 20.0 23.0 22.0 Disappearance Total 7799.1 7802.6 7777.7 7718.1 8101.0 8074.0 Per Capita (number) 280.6 279.3 277.0 274.8 286.6 285.9 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2022 2023 2024Proj. 2024Proj. 2025Proj. 2025Proj. Commodity Aug Sep Aug Sep ================================================================================ Billion Pounds Milk Production 226.4 226.4 226.3 225.9 228.2 227.9 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 FatBasisSupply BeginningStocks 14.3 14.4 13.8 13.8 13.5 13.5 Marketings 225.4 225.4 225.3 224.9 227.2 226.9 Imports 7.1 7.4 8.7 9.0 8.3 8.6 Total Supply 246.8 247.1 247.8 247.7 249.0 248.9 FatBasisUse Exports 12.8 10.5 11.5 11.6 11.3 11.3 Ending Stocks 14.4 13.8 13.5 13.5 13.2 13.2 Domestic Use 219.6 222.9 222.8 222.6 224.5 224.4 Skim-solidBasisSupply BeginningStocks 11.1 11.7 9.9 9.9 9.7 9.7 Marketings 225.4 225.4 225.3 224.9 227.2 226.9 Imports 6.7 6.3 6.9 6.9 7.0 7.1 Total Supply 243.2 243.3 242.1 241.6 243.8 243.7 Skim-solidBasisUse Exports 52.9 49.9 48.8 48.9 50.2 49.8 Ending Stocks 11.7 9.9 9.7 9.7 9.7 9.9 Domestic Use 178.7 183.6 183.7 183.1 183.9 184.0 ================================================================================ WASDE - 652 - 34 September 2024 U.S. Dairy Prices ================================================================================ Commod- 2022 2023 2024 Proj. 2024 Proj. 2025 Proj. 2025 Proj. ity Aug Sep Aug Sep ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1122 1.7593 1.825 1.930 1.860 1.940 Butter 2.8665 2.6170 2.990 3.000 2.985 3.005 Nonfat Dry Milk 1.6851 1.1856 1.195 1.220 1.220 1.235 Dry Whey 0.6057 0.3618 0.470 0.475 0.450 0.485 Milk Prices 2/ Dollars Per Cwt ClassIII 21.96 17.02 18.40 19.45 18.65 19.60 Class IV 24.47 19.12 20.80 21.00 20.95 21.20 All Milk 3/ 25.34 20.34 22.30 23.05 22.75 23.45 ================================================================================ WASDE - 652 - 35 September 2024 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 3.1 8.3 0.9 30.7 28 15 U.S. 2.3 3.9 1.0 0.0 3.6 17 26 Foreign 2.1 3.6 8.3 0.2 30.9 31 12 Exports World 5.8 9.7 6.7 0.3 22.0 34 9 U.S. 10.0 16.8 2.4 0.2 10.0 19 24 Foreign 7.2 12.0 6.4 0.2 21.4 33 10 Domestic Use World 1.7 2.9 7.5 0.2 33.8 25 18 U.S. 7.1 12.0 1.9 0.0 5.5 14 29 Foreign 1.7 2.9 7.5 0.1 33.6 29 14 Ending Stocks World 7.9 13.2 10.0 0.3 30.5 32 11 U.S. 13.9 23.5 2.6 0.5 12.4 25 18 Foreign 8.6 14.5 8.8 0.5 28.3 32 11 COARSE GRAINS 2/ Production World 2.1 3.6 17.3 0.2 50.6 32 11 U.S. 4.0 6.8 7.8 0.2 26.0 27 16 Foreign 2.5 4.1 15.3 1.0 59.9 30 13 Exports World 6.8 11.4 6.7 0.1 25.2 30 13 U.S. 19.9 33.6 7.5 0.4 19.1 18 25 Foreign 13.0 22.0 7.8 0.7 20.9 29 14 Domestic Use World 1.5 2.5 11.8 0.4 39.0 24 19 U.S. 3.6 6.0 6.2 0.1 15.8 27 16 Foreign 1.7 2.9 10.7 0.4 37.8 27 16 Ending Stocks World 13.6 23.0 18.8 1.7 170.3 31 12 U.S. 28.5 48.0 8.8 0.1 35.8 19 24 Foreign 15.7 26.4 14.9 0.7 155.3 35 8 RICE, milled Production World 2.2 3.7 6.1 0.4 24.1 34 9 U.S. 4.2 7.0 0.2 0.0 0.5 23 19 Foreign 2.2 3.8 6.1 0.3 24.4 34 9 Exports World 9.0 15.2 1.9 0.1 6.8 31 12 U.S. 11.5 19.3 0.2 0.0 0.9 20 21 Foreign 10.1 17.0 1.9 0.1 6.8 31 12 Domestic Use World 1.7 2.9 4.2 0.4 22.7 34 9 U.S. 6.7 11.2 0.2 0.0 0.5 21 21 Foreign 1.8 3.0 4.2 0.2 23.1 34 9 Ending Stocks World 11.8 19.9 6.3 0.2 26.9 36 7 U.S. 22.2 37.3 0.2 0.0 0.9 22 21 Foreign 12.9 21.6 6.4 0.2 26.7 36 7 ================================================================================ WASDE - 652 - 36 September 2024 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 4.6 7.8 7.9 0.4 31.7 23 20 U.S. 4.8 8.2 2.9 0.2 10.4 23 20 Foreign 7.5 12.6 7.4 0.9 33.3 18 25 Exports World 7.3 12.3 4.2 0.2 19.9 28 15 U.S. 11.9 20.0 3.0 0.1 9.8 25 18 Foreign 17.3 29.1 3.9 0.0 21.8 20 23 Domestic Use World 3.3 5.5 5.0 0.0 15.3 25 18 U.S. 4.3 7.2 1.6 0.1 4.5 26 17 Foreign 4.0 6.7 4.9 0.0 16.0 25 18 Ending Stocks World 16.9 28.5 5.4 0.2 24.8 23 20 U.S. 46.6 78.4 2.3 0.1 8.2 15 28 Foreign 18.9 31.8 5.0 0.0 24.7 25 17 COTTON Production World 4.5 7.6 3.1 0.1 12.6 24 19 U.S. 6.7 11.3 0.9 0.0 2.5 20 22 Foreign 5.1 8.5 2.7 0.0 11.3 26 17 Exports World 9.6 16.2 2.5 0.0 10.1 25 18 U.S. 19.7 33.2 1.1 0.1 3.4 23 20 Foreign 12.7 21.4 2.0 0.1 8.8 23 20 Domestic Use World 5.0 8.4 3.7 0.1 19.3 16 27 U.S. 10.2 17.3 0.4 0.0 1.3 18 23 Foreign 5.0 8.4 3.5 0.0 18.5 17 25 Ending Stocks World 14.2 23.9 6.0 0.2 16.8 28 15 U.S. 39.0 65.7 1.3 0.0 5.1 18 24 Foreign 14.5 24.5 5.5 0.2 16.8 28 15 ================================================================================ WASDE - 652 - 37 September 2024 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 4.2 7.2 292 15 885 27 16 Exports 20.5 34.6 271 25 725 18 25 Domestic Use 3.9 6.5 240 0 575 27 15 Ending Stocks 31.7 53.3 334 2 1386 19 24 SORGHUM Production 8.4 14.1 25 0 81 17 25 Exports 33.9 57.1 42 0 150 21 21 Domestic Use 25.7 43.2 38 0 120 21 20 Ending Stocks 47.9 80.7 30 1 155 14 29 BARLEY Production 5.1 8.7 11 1 36 18 25 Exports 73.6 124.0 12 0 82 18 20 Domestic Use 10.2 17.1 22 0 72 16 25 Ending Stocks 17.9 30.1 18 0 70 21 21 OATS Production 9.6 16.2 11 0 44 8 33 Exports 92.2 155.2 1 0 8 12 14 Domestic Use 6.4 10.8 13 0 39 11 31 Ending Stocks 22.2 37.4 13 0 47 22 20 Thousand Short Tons SOYBEAN MEAL Production 4.1 7.0 1217 29 4200 29 14 Exports 13.7 23.1 861 34 4100 25 18 Domestic Use 3.6 6.0 779 26 3200 25 18 Ending Stocks 38.1 64.2 53 0 368 15 16 Million Pounds SOYBEAN OIL Production 4.4 7.4 580 26 2635 28 15 Exports 51.5 86.7 464 0 1675 23 19 Domestic Use 4.1 6.9 506 86 2150 27 16 Ending Stocks 29.5 49.6 420 55 1357 24 19 ANIMAL PROD. 3/ Million Pounds Beef 4.0 6.7 818 32 2486 30 12 Pork 2.9 4.9 416 5 1356 23 19 Broilers 2.0 3.4 508 23 1379 25 17 Turkeys 4.1 6.9 159 2 535 21 21 Million Dozen Eggs 2.1 3.5 126 4 414 25 17 Billion Pounds Milk 1.6 2.8 2.2 0.1 7.2 22 20 ================================================================================