WASDE - 653 - 8 October 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 2758.02 3556.86 496.59 2768.08 788.78 2023/24 (Est.) 2813.18 3601.96 515.05 2812.89 789.07 2024/25 (Proj.) Sep 2826.64 3608.74 501.97 2840.39 768.36 Oct 2824.63 3613.69 502.52 2841.44 772.26 Wheat 2022/23 789.49 1063.05 221.73 789.44 273.61 2023/24 (Est.) 790.38 1063.99 221.32 797.81 266.18 2024/25 (Proj.) Sep 796.88 1062.13 216.51 804.90 257.22 Oct 794.08 1060.26 215.82 802.54 257.72 Coarse Grains 5/ 2022/23 1452.51 1794.25 220.23 1458.65 335.60 2023/24 (Est.) 1501.28 1836.87 239.45 1493.81 343.07 2024/25 (Proj.) Sep 1502.45 1841.93 231.17 1508.03 333.90 Oct 1500.11 1843.18 230.24 1510.83 332.35 Rice, milled 2022/23 516.02 699.56 54.64 519.99 179.58 2023/24 (Est.) 521.52 701.10 54.29 521.27 179.82 2024/25 (Proj.) Sep 527.31 704.69 54.30 527.46 177.24 Oct 530.44 710.26 56.47 528.07 182.19 United States Total Grains 4/ 2022/23 406.43 471.34 67.85 349.89 53.60 2023/24 (Est.) 458.91 520.33 86.80 365.58 67.95 2024/25 (Proj.) Sep 458.87 534.93 89.81 366.23 78.89 Oct 459.04 534.04 90.45 366.48 77.11 Wheat 2022/23 44.90 66.56 20.73 30.33 15.50 2023/24 (Est.) 49.10 68.36 19.24 30.16 18.95 2024/25 (Proj.) Sep 53.93 75.90 22.45 30.92 22.53 Oct 53.65 75.73 22.45 31.19 22.09 Coarse Grains 5/ 2022/23 356.45 397.17 45.06 314.97 37.14 2023/24 (Est.) 402.88 442.67 64.45 330.48 47.74 2024/25 (Proj.) Sep 397.96 449.33 64.15 330.26 54.92 Oct 398.41 448.60 64.79 330.24 53.57 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.) Sep 6.98 9.70 3.21 5.05 1.45 Oct 6.98 9.71 3.21 5.05 1.45 ================================================================================ WASDE - 653 - 9 October 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 2351.59 3085.52 428.74 2418.18 735.18 2023/24 (Est.) 2354.27 3081.62 428.25 2447.31 721.12 2024/25 (Proj.) Sep 2367.77 3073.82 412.15 2474.16 689.47 Oct 2365.59 3079.65 412.08 2474.96 695.14 Wheat 2022/23 744.59 996.49 201.00 759.11 258.11 2023/24 (Est.) 741.29 995.63 202.07 767.65 247.22 2024/25 (Proj.) Sep 742.95 986.23 194.05 773.98 234.70 Oct 740.43 984.52 193.36 771.35 235.62 Coarse Grains 5/ 2022/23 1096.06 1397.08 175.16 1143.68 298.46 2023/24 (Est.) 1098.40 1394.20 175.00 1163.33 295.32 2024/25 (Proj.) Sep 1104.49 1392.60 167.01 1177.77 278.98 Oct 1101.70 1394.57 165.45 1180.59 278.78 Rice, milled 2022/23 510.94 691.95 52.58 515.39 178.62 2023/24 (Est.) 514.59 691.79 51.17 516.33 178.57 2024/25 (Proj.) Sep 520.34 694.99 51.09 522.41 175.79 Oct 523.46 700.55 53.26 523.02 180.74 ================================================================================ 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.) 113.66 189.63 44.75 113.85 75.20 2024/25 (Proj.) Sep 116.42 192.03 42.99 115.75 76.49 Oct 116.64 191.84 42.47 115.74 76.33 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.) Sep 14.51 17.67 11.80 1.90 4.00 Oct 14.20 17.36 11.50 1.80 4.10 Foreign 4/ 2022/23 102.00 168.40 24.33 110.59 71.32 2023/24 (Est.) 101.60 172.91 33.00 112.00 72.05 2024/25 (Proj.) Sep 101.91 174.36 31.19 113.85 72.49 Oct 102.44 174.48 30.97 113.94 72.23 ================================================================================ WASDE - 653 - 10 October 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 2022/23 637.99 749.86 201.38 525.27 119.92 2023/24 (Est.) 657.56 777.48 204.01 544.99 131.35 2024/25 (Proj.) Sep 687.42 818.54 207.68 557.26 151.14 Oct 687.32 818.67 207.59 557.69 150.85 Oilmeals 2022/23 357.31 377.51 97.65 355.58 17.37 2023/24 (Est.) 371.78 389.14 106.70 365.62 18.40 2024/25 (Proj.) Sep 382.91 400.76 106.13 376.75 19.54 Oct 382.97 401.37 106.19 376.81 20.00 Vegetable Oils 2022/23 216.80 246.91 88.92 211.00 30.61 2023/24 (Est.) 222.42 253.03 86.53 217.42 30.29 2024/25 (Proj.) Sep 227.09 259.73 87.30 224.31 30.36 Oct 227.12 257.41 86.55 223.47 28.80 United States Oilseeds 2022/23 125.75 136.42 54.78 64.16 8.85 2023/24 (Est.) 122.16 132.12 47.35 66.32 10.80 2024/25 (Proj.) Sep 134.71 146.38 51.47 70.25 16.41 Oct 134.40 146.17 51.43 70.26 16.35 Oilmeals 2022/23 49.94 54.60 13.39 40.79 0.41 2023/24 (Est.) 51.55 56.24 14.81 40.99 0.45 2024/25 (Proj.) Sep 54.23 58.96 16.08 42.38 0.50 Oct 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 21.69 0.44 20.14 1.11 2024/25 (Proj.) Sep 14.29 22.59 0.44 20.94 1.21 Oct 14.29 22.59 0.43 20.96 1.20 Foreign 3/ Oilseeds 2022/23 512.24 613.44 146.59 461.11 111.07 2023/24 (Est.) 535.40 645.36 156.67 478.67 120.55 2024/25 (Proj.) Sep 552.70 672.16 156.21 487.01 134.73 Oct 552.92 672.50 156.17 487.44 134.51 Oilmeals 2022/23 307.37 322.91 84.25 314.79 16.95 2023/24 (Est.) 320.23 332.90 91.89 324.63 17.95 2024/25 (Proj.) Sep 328.68 341.81 90.05 334.37 19.04 Oct 328.74 342.41 90.11 334.43 19.51 Vegetable Oils 2022/23 203.62 226.17 88.59 191.73 29.47 2023/24 (Est.) 208.79 231.33 86.09 197.28 29.18 2024/25 (Proj.) Sep 212.80 237.14 86.86 203.37 29.15 Oct 212.82 234.82 86.12 202.52 27.60 ================================================================================ WASDE - 653 - 11 October 2024 U.S. Wheat Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ Million Acres Area Planted 45.8 49.6 46.3 46.1 Area Harvested 35.5 37.1 37.9 38.5 Bushels Yield per Harvested Acre 46.5 48.7 52.2 51.2 Million Bushels Beginning Stocks 674 570 702 696 Production 1650 1804 1982 1971 Imports 122 138 105 115 Supply, Total 2446 2512 2789 2783 Food 972 961 964 964 Seed 68 62 62 62 Feed and Residual 74 85 110 120 Domestic, Total 1114 1108 1136 1146 Exports 762 707 825 825 Use, Total 1876 1815 1961 1971 Ending Stocks 570 696 828 812 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 596 465 449 234 59 1804 Imports 18 63 6 6 45 138 Supply, Total 3/ 837 683 545 314 132 2512 Food 384 253 158 84 83 961 Seed 27 15 11 6 3 62 Feed and Residual 18 -10 91 -12 -2 85 Domestic Use 428 258 261 77 84 1108 Exports 134 235 158 152 27 707 Use, Total 563 493 419 229 111 1815 Ending Stocks, Total 274 190 126 85 21 696 2024/25 (Proj.) Beginning Stocks 274 190 126 85 21 696 Production 770 503 342 276 80 1971 Imports 5 55 5 5 45 115 Supply, Total 3/ 1050 748 473 366 146 2783 Food 383 258 155 85 83 964 Seed 26 16 13 6 3 62 Feed and Residual 50 15 70 -15 0 120 Domestic Use 459 289 238 76 86 1146 Exports 220 265 115 195 30 825 Use, Total 679 554 353 271 116 1971 Ending Stocks, Total Oct 371 194 121 95 31 812 Sep 372 206 136 92 22 828 ================================================================================ WASDE - 653 - 12 October 2024 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ Million Acres FEED GRAINS Area Planted 100.0 107.5 101.8 101.6 Area Harvested 86.6 96.0 90.8 90.7 Metric Tons Yield per Harvested Acre 4.11 4.19 4.38 4.39 Million Metric Tons Beginning Stocks 37.5 37.1 48.9 47.7 Production 356.1 402.6 397.6 398.0 Imports 2.9 2.3 2.2 2.2 Supply, Total 396.5 442.0 448.7 447.9 Feed and Residual 142.2 151.1 151.5 151.4 Food, Seed & Industrial 172.1 178.8 178.2 178.2 Domestic, Total 314.4 329.9 329.7 329.6 Exports 45.1 64.4 64.1 64.8 Use, Total 359.4 394.3 393.8 394.4 Ending Stocks 37.1 47.7 54.9 53.5 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 173.4 177.3 183.6 183.8 Million Bushels Beginning Stocks 1377 1360 1812 1760 Production 13651 15341 15186 15203 Imports 39 28 25 25 Supply, Total 15066 16729 17022 16989 Feed and Residual 5486 5814 5825 5825 Food,Seed& Industrial 2/ 6558 6862 6840 6840 Ethanol & by-products 3/ 5176 5471 5450 5450 Domestic, Total 12044 12676 12665 12665 Exports 1662 2292 2300 2325 Use, Total 13706 14969 14965 14990 Ending Stocks 1360 1760 2057 1999 Avg.FarmPrice ($/bu) 4/ 6.54 4.55 4.10 4.10 ================================================================================ WASDE - 653 - 13 October 2024 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ 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 57.3 57.7 Beginning Stocks 47 24 25 31 Production 188 318 302 305 Imports 0 0 0 0 Supply, Total 235 342 327 335 Feed and Residual 42 48 60 60 Food, Seed & Industrial 59 24 25 25 Total Domestic 102 72 85 85 Exports 109 239 220 220 Use, Total 211 311 305 305 Ending Stocks 24 31 22 30 Avg.FarmPrice ($/bu) 2/ 6.38 4.93 4.10 4.10 BARLEY AreaPlanted (mil. acres) 2.9 3.1 2.4 2.4 AreaHarvested(mil.acres) 2.4 2.6 1.9 1.9 Yield (bushels/acre) 71.7 72.3 79.1 76.7 Beginning Stocks 37 66 78 78 Production 174 186 149 144 Imports 23 13 12 12 Supply, Total 235 265 239 234 Feed and Residual 35 57 45 40 Food, Seed & Industrial 132 125 120 120 Total Domestic 167 182 165 160 Exports 2 5 5 5 Use, Total 169 187 170 165 Ending Stocks 66 78 69 69 Avg.FarmPrice ($/bu) 2/ 7.40 7.39 6.30 6.50 OATS AreaPlanted (mil. acres) 2.6 2.6 2.3 2.2 AreaHarvested(mil.acres) 0.9 0.8 0.9 0.9 Yield (bushels/acre) 65.5 68.6 75.1 76.5 Beginning Stocks 33 35 36 36 Production 58 57 68 68 Imports 84 74 75 74 Supply, Total 174 166 179 178 Feed and Residual 57 48 55 60 Food, Seed & Industrial 81 80 82 81 Total Domestic 137 128 137 141 Exports 2 2 2 2 Use, Total 139 130 139 143 Ending Stocks 35 36 40 35 Avg.FarmPrice ($/bu) 2/ 4.57 3.92 3.60 3.50 ================================================================================ WASDE - 653 - 14 October 2024 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ Million Acres TOTAL RICE Area Planted 2.22 2.89 2.94 2.94 Area Harvested 2.17 2.85 2.90 2.90 Pounds Yield per Harvested Acre 7385 7649 7588 7590 Million Hundredweight Beginning Stocks 2/ 39.7 30.3 39.4 39.4 Production 160.0 218.3 219.7 219.8 Imports 39.9 44.6 46.5 46.5 Supply, Total 239.7 293.1 305.6 305.7 Domestic & Residual 3/ 144.8 155.7 159.0 159.0 Exports, Total 4/ 64.6 98.1 101.0 101.0 Rough 18.5 41.7 44.0 44.0 Milled (rough equiv.) 46.2 56.4 57.0 57.0 Use, Total 209.4 253.8 260.0 260.0 Ending Stocks 30.3 39.4 45.6 45.7 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/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 19.3 19.3 Imports 31.9 37.3 39.0 39.0 Production 128.5 153.9 166.8 166.8 Supply, Total 7/ 185.0 212.4 225.1 225.1 Domestic & Residual 3/ 113.6 118.3 122.0 122.0 Exports 8/ 50.2 74.7 76.0 76.0 Use, Total 163.8 193.0 198.0 198.0 Ending Stocks 21.2 19.3 27.1 27.1 Avg.FarmPrice($/cwt) 6/ 16.70 15.90 14.50 14.50 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.39 0.81 Yield (pounds/acre) 8118 7963 Beginning Stocks 13.0 6.8 18.4 18.4 Imports 8.0 7.3 7.5 7.5 Production 31.6 64.4 53.0 53.0 Supply, Total 7/ 52.4 79.2 78.9 78.9 Domestic & Residual 3/ 31.1 37.4 37.0 37.0 Exports 8/ 14.4 23.3 25.0 25.0 Use, Total 45.6 60.7 62.0 62.0 Ending Stocks 6.8 18.4 16.9 16.9 Avg. Farm Price ($/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 - 653 - 15 October 2024 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ Million Acres SOYBEANS Area Planted 87.5 83.6 87.1 87.1 Area Harvested 86.2 82.3 86.3 86.3 Bushels Yield per Harvested Acre 49.6 50.6 53.2 53.1 Million Bushels Beginning Stocks 274 264 340 342 Production 4270 4162 4586 4582 Imports 25 21 15 15 Supply, Total 4569 4447 4941 4939 Crushings 2212 2287 2425 2425 Exports 1980 1695 1850 1850 Seed 75 78 78 78 Residual 39 45 38 36 Use, Total 4305 4105 4391 4389 Ending Stocks 264 342 550 550 Avg.FarmPrice ($/bu) 2/ 14.20 12.40 10.80 10.80 Million Pounds SOYBEAN OIL Beginning Stocks 1991 1607 1622 1622 Production 4/ 26227 27115 28515 28515 Imports 376 650 450 450 Supply, Total 28594 29372 30587 30587 Domestic Disappearance 26609 27100 28200 28200 Biofuel 3/ 12510 13000 14000 14000 Food, Feed & other Industrial 14099 14100 14200 14200 Exports 378 650 600 600 Use, Total 26987 27750 28800 28800 Ending stocks 1607 1622 1787 1787 Avg. Price (c/lb) 2/ 65.26 47.28 42.00 42.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 311 371 400 400 Production 4/ 52493 54179 57075 57075 Imports 634 650 600 600 Supply, Total 53438 55200 58075 58075 Domestic Disappearance 38521 38700 40125 40125 Exports 14547 16100 17500 17500 Use, Total 53067 54800 57625 57625 Ending Stocks 371 400 450 450 Avg. Price ($/s.t.) 2/ 451.91 384.11 320.00 320.00 ================================================================================ WASDE - 653 - 16 October 2024 U.S. Sugar Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1820 1843 2278 2231 Production 2/ 9250 9197 9474 9495 Beet Sugar 5187 5117 5311 5347 Cane Sugar 4063 4080 4163 4148 Florida 1985 2077 2053 2053 Louisiana 2001 1963 2111 2095 Texas 76 40 0 0 Imports 3614 3854 2530 2568 TRQ 3/ 1862 1788 1618 1628 Other Program 4/ 141 313 200 200 Non-program 1611 1753 712 740 Mexico 1156 521 395 395 High-tier tariff/other 455 1232 317 345 Total Supply 14685 14894 14282 14293 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 2231 1777 1788 Stocks to Use Ratio 14.3 17.6 14.2 14.3 ================================================================================ 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. Sep 835 4704 816 4532 445 1377 Oct 835 4704 854 4532 446 1414 2024/25 Proj. Sep 1377 5094 25 4653 867 977 Oct 1414 5094 25 4630 932 972 ================================================================================ WASDE - 653 - 17 October 2024 U.S. Cotton Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Sep Oct ================================================================================ 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 953 899 807 789 Million 480 Pound Bales Beginning Stocks 4.60 4.65 3.15 3.15 Production 14.47 12.07 14.51 14.20 Imports 0.00 0.00 0.01 0.01 Supply, Total 19.07 16.72 17.67 17.36 Domestic Use 2.05 1.85 1.90 1.80 Exports, Total 12.45 11.75 11.80 11.50 Use, Total 14.50 13.60 13.70 13.30 Unaccounted 2/ -0.08 -0.03 -0.03 -0.04 Ending Stocks 4.65 3.15 4.00 4.10 Avg. Farm Price 3/ 84.8 76.1 66.0 66.0 ================================================================================ WASDE - 653 - 18 October 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/ 273.57 789.49 213.10 152.70 789.44 221.73 273.61 World Less China 136.81 651.76 199.82 119.70 641.44 220.78 134.79 United States 18.36 44.90 3.31 2.03 30.33 20.73 15.50 Total Foreign 255.21 744.59 209.79 150.67 759.11 201.00 258.11 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 50.74 320.51 15.13 177.40 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 7.60 24.75 1.28 3.09 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/ 273.61 790.38 221.80 158.54 797.81 221.32 266.18 World Less China 134.79 653.79 208.16 121.54 644.31 220.28 131.68 United States 15.50 49.10 3.76 2.31 30.16 19.24 18.95 Total Foreign 258.11 741.29 218.04 156.23 767.65 202.07 247.22 Major Exporters 4/ 47.32 324.12 13.76 72.76 180.36 165.59 39.26 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 16.00 39.00 55.50 11.69 Ukraine 2.93 23.00 0.06 2.00 6.70 18.58 0.71 Major Importers 6/ 177.40 208.72 138.96 56.06 330.38 19.77 174.95 Bangladesh 0.83 1.10 6.80 0.25 7.65 0.00 1.08 Brazil 1.80 8.10 6.61 0.60 12.00 2.81 1.69 China 138.82 136.59 13.64 37.00 153.50 1.04 134.50 Japan 1.14 1.15 5.35 0.73 6.23 0.31 1.09 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 19.98 3.13 39.69 0.66 12.67 Southeast Asia 9/ 3.09 0.00 30.60 9.70 27.81 1.30 4.57 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 - 653 - 19 October 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/ Sep 265.25 796.88 210.27 151.91 804.90 216.51 257.22 Oct 266.18 794.08 210.77 151.80 802.54 215.82 257.72 World Less China Sep 130.74 656.88 198.27 118.91 653.90 215.51 122.72 Oct 131.68 654.08 198.77 118.80 651.54 214.82 123.21 United States Sep 19.11 53.93 2.86 2.99 30.92 22.45 22.53 Oct 18.95 53.65 3.13 3.27 31.19 22.45 22.09 Total Foreign Sep 246.14 742.95 207.41 148.92 773.98 194.05 234.70 Oct 247.22 740.43 207.64 148.54 771.35 193.36 235.62 Major Exporters 4/ Sep 37.76 314.30 12.64 71.45 178.65 157.00 29.05 Oct 39.26 312.90 12.64 71.25 178.35 156.50 29.95 Argentina Sep 4.57 18.00 0.01 0.25 7.05 11.50 4.03 Oct 4.57 18.00 0.01 0.25 7.05 11.50 4.03 Australia Sep 3.05 32.00 0.20 4.00 7.50 25.00 2.75 Oct 3.05 32.00 0.20 4.00 7.50 25.00 2.75 Canada Sep 4.58 35.00 0.55 4.50 9.60 26.00 4.53 Oct 4.58 35.00 0.55 4.50 9.60 26.00 4.53 European Union 5/ Sep 14.66 124.00 11.50 44.50 108.75 31.50 9.91 Oct 14.66 123.00 11.50 44.50 108.75 30.00 10.41 Russia Sep 10.19 83.00 0.30 16.00 38.75 48.00 6.74 Oct 11.69 82.00 0.30 16.00 38.75 48.00 7.24 Ukraine Sep 0.71 22.30 0.08 2.20 7.00 15.00 1.09 Oct 0.71 22.90 0.08 2.00 6.70 16.00 0.99 Major Importers 6/ Sep 175.47 211.88 132.15 51.33 329.10 18.05 172.35 Oct 174.95 211.07 133.15 51.33 329.15 18.05 171.97 Bangladesh Sep 1.08 1.10 6.90 0.25 7.95 0.00 1.13 Oct 1.08 1.10 6.90 0.25 7.95 0.00 1.13 Brazil Sep 1.57 9.50 5.50 0.50 11.90 3.00 1.67 Oct 1.69 9.00 6.00 0.50 11.90 3.00 1.79 China Sep 134.50 140.00 12.00 33.00 151.00 1.00 134.50 Oct 134.50 140.00 12.00 33.00 151.00 1.00 134.50 Japan Sep 1.17 1.16 5.30 0.65 6.10 0.30 1.23 Oct 1.09 1.08 5.40 0.65 6.15 0.30 1.12 N. Africa 7/ Sep 11.03 16.05 31.90 1.45 46.80 1.60 10.58 Oct 11.03 16.02 31.90 1.45 46.70 1.60 10.65 Nigeria Sep 0.44 0.12 5.50 0.00 5.00 0.38 0.68 Oct 0.44 0.12 5.50 0.00 5.00 0.38 0.68 Sel. Mideast 8/ Sep 12.71 22.09 18.50 3.13 40.38 0.81 12.12 Oct 12.67 22.09 18.50 3.13 40.38 0.81 12.07 Southeast Asia 9/ Sep 5.11 0.00 29.55 9.65 28.28 1.28 5.11 Oct 4.57 0.00 29.75 9.65 28.38 1.28 4.67 India Sep 7.50 114.00 0.30 6.00 113.00 0.30 8.50 Oct 7.50 113.29 0.30 6.00 112.29 0.30 8.50 Kazakhstan Sep 3.33 16.00 1.00 2.00 7.00 10.50 2.83 Oct 3.33 16.00 1.00 2.00 7.00 10.50 2.83 United Kingdom Sep 3.63 10.85 3.20 6.50 14.50 0.50 2.68 Oct 3.63 10.85 3.20 6.50 14.50 0.50 2.68 ================================================================================ WASDE - 653 - 20 October 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/ 341.74 1452.51 213.10 894.08 1458.65 220.23 335.60 World Less China 131.72 1166.81 180.48 663.83 1137.08 220.22 128.83 United States 37.48 356.45 3.24 142.37 314.97 45.06 37.14 Total Foreign 304.26 1096.06 209.86 751.71 1143.68 175.16 298.46 Major Exporters 4/ 30.42 332.35 4.57 138.91 190.97 145.86 30.51 Argentina 5.58 43.91 0.02 11.55 17.48 28.75 3.29 Australia 3.61 18.84 0.00 5.72 7.60 10.89 3.97 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/ 335.60 1501.28 236.83 922.94 1493.81 239.45 343.07 World Less China 128.83 1204.14 189.68 677.99 1156.26 239.43 129.59 United States 37.14 402.88 2.65 151.22 330.48 64.45 47.74 Total Foreign 298.46 1098.40 234.17 771.72 1163.33 175.00 295.32 Major Exporters 4/ 30.51 324.64 5.83 138.56 192.93 145.04 23.01 Argentina 3.29 58.39 0.02 13.77 19.88 36.40 5.41 Australia 3.97 14.44 0.00 5.45 7.33 9.48 1.60 Brazil 10.72 128.06 2.05 68.53 88.21 46.11 6.52 Canada 3.72 27.52 3.04 16.74 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 32.14 2.78 Major Importers 5/ 36.62 229.87 142.14 275.93 358.42 14.81 35.40 European Union 6/ 16.17 136.41 21.73 109.49 148.15 11.52 14.65 Japan 1.45 0.25 16.68 13.22 16.91 0.00 1.46 Mexico 5.30 28.82 24.24 33.80 53.77 0.03 4.55 N. Afr & Mideast 7/ 6.99 33.32 37.36 59.04 67.38 2.60 7.69 Saudi Arabia 1.40 0.24 6.28 6.22 6.56 0.00 1.36 Southeast Asia 8/ 2.86 30.56 19.75 40.59 49.34 0.66 3.17 South Korea 1.91 0.16 11.42 9.05 11.54 0.00 1.96 Selected Other China 206.77 297.14 47.15 244.95 337.55 0.03 213.48 ================================================================================ WASDE - 653 - 21 October 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/ Sep 339.48 1502.45 225.03 933.00 1508.03 231.17 333.90 Oct 343.07 1500.11 223.32 934.57 1510.83 230.24 332.35 World Less China Sep 126.00 1202.15 185.91 684.88 1167.50 231.14 121.54 Oct 129.59 1199.81 185.69 685.95 1169.80 230.21 121.99 United States Sep 48.90 397.96 2.47 151.61 330.26 64.15 54.92 Oct 47.74 398.41 2.45 151.61 330.24 64.79 53.57 Total Foreign Sep 290.58 1104.49 222.56 781.39 1177.77 167.01 278.98 Oct 295.32 1101.70 220.86 782.97 1180.59 165.45 278.78 Major Exporters 4/ Sep 19.34 323.59 4.63 137.08 190.81 141.73 15.02 Oct 23.01 321.94 4.73 138.76 193.28 140.44 15.96 Argentina Sep 2.46 59.49 0.01 12.43 18.84 40.40 2.71 Oct 5.41 60.29 0.01 14.23 20.44 41.20 4.06 Australia Sep 1.75 16.27 0.00 5.34 7.21 9.11 1.70 Oct 1.60 16.27 0.00 5.34 7.21 9.11 1.55 Brazil Sep 5.55 133.76 2.02 69.05 88.69 49.09 3.56 Oct 6.52 133.53 2.12 68.93 89.56 49.09 3.52 Canada Sep 3.63 26.23 2.35 16.30 24.10 5.34 2.77 Oct 3.63 26.33 2.35 16.40 24.20 5.34 2.77 Russia Sep 1.71 36.80 0.10 20.98 29.45 8.10 1.06 Oct 1.71 35.50 0.10 20.88 29.35 7.00 0.96 Ukraine Sep 2.88 33.42 0.02 5.91 8.39 26.47 1.47 Oct 2.78 32.42 0.02 5.91 8.39 25.48 1.36 Major Importers 5/ Sep 34.64 233.55 139.99 282.20 364.96 11.54 31.68 Oct 35.40 232.13 139.49 280.80 363.46 11.34 32.21 European Union 6/ Sep 14.65 138.46 20.54 110.99 149.86 10.18 13.61 Oct 14.65 137.86 20.54 110.79 149.56 9.98 13.51 Japan Sep 1.47 0.26 16.91 13.45 17.19 0.00 1.45 Oct 1.46 0.24 16.91 13.45 17.19 0.00 1.42 Mexico Sep 3.65 30.36 23.20 34.08 54.08 0.03 3.10 Oct 4.55 30.36 23.20 34.08 54.08 0.03 4.00 N. Afr & Mideast 7/ Sep 7.70 32.45 35.76 60.41 68.63 0.77 6.52 Oct 7.69 31.85 35.06 59.21 67.43 0.77 6.41 Saudi Arabia Sep 1.39 0.24 7.61 7.52 7.86 0.00 1.38 Oct 1.36 0.24 7.61 7.52 7.86 0.00 1.35 Southeast Asia 8/ Sep 3.27 31.51 19.31 41.60 50.45 0.56 3.07 Oct 3.17 31.31 19.51 41.60 50.45 0.56 2.97 South Korea Sep 1.96 0.16 11.90 9.53 12.02 0.00 2.00 Oct 1.96 0.16 11.90 9.53 12.02 0.00 2.00 China Sep 213.48 300.30 39.13 248.13 340.53 0.03 212.36 Oct 213.48 300.30 37.63 248.63 341.03 0.03 210.36 ================================================================================ WASDE - 653 - 22 October 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/ 313.92 1160.67 173.39 734.46 1170.50 180.24 304.09 World Less China 104.78 883.47 154.68 516.46 871.50 180.23 98.05 United States 34.98 346.74 0.98 139.35 305.93 42.22 34.55 Total Foreign 278.95 813.93 172.41 595.11 864.58 138.02 269.54 Major Exporters 4/ 19.40 233.93 1.45 91.01 120.34 115.97 18.47 Argentina 4.75 37.00 0.02 10.00 14.20 25.24 2.32 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/ 304.09 1225.92 192.81 770.19 1217.35 195.77 312.65 World Less China 98.05 937.08 169.31 545.19 910.35 195.75 101.29 United States 34.55 389.67 0.72 147.68 322.00 58.23 44.72 Total Foreign 269.54 836.25 192.09 622.51 895.36 137.54 267.93 Major Exporters 4/ 18.47 234.50 1.73 94.20 125.70 115.80 13.20 Argentina 2.32 50.00 0.02 12.00 16.25 32.00 4.09 Brazil 10.04 122.00 1.30 63.00 81.50 46.00 5.84 Russia 0.91 16.60 0.05 9.50 10.60 6.20 0.76 South Africa 2.41 13.40 0.35 6.40 13.10 2.00 1.06 Ukraine 2.80 32.50 0.02 3.30 4.25 29.60 1.46 Major Importers 5/ 20.72 122.87 101.17 164.60 219.85 5.09 19.82 Egypt 1.51 7.20 8.00 12.80 15.30 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 15.30 12.00 15.30 0.00 1.31 Mexico 4.59 23.50 23.50 29.00 47.60 0.03 3.96 Southeast Asia 7/ 2.85 30.51 18.97 40.00 48.50 0.66 3.16 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 - 653 - 23 October 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/ Sep 309.63 1218.57 185.40 772.18 1219.85 191.37 308.35 Oct 312.65 1217.19 183.84 774.27 1223.32 190.50 306.52 World Less China Sep 98.27 926.57 164.40 541.18 906.85 191.35 97.01 Oct 101.29 925.19 164.84 543.27 910.32 190.48 97.18 United States Sep 46.02 385.73 0.64 147.96 321.71 58.42 52.26 Oct 44.72 386.18 0.64 147.96 321.71 59.06 50.77 Total Foreign Sep 263.61 832.84 184.77 624.22 898.14 132.94 256.09 Oct 267.93 831.01 183.21 626.31 901.62 131.45 255.75 Major Exporters 4/ Sep 9.75 235.70 1.58 92.40 123.95 116.00 7.08 Oct 13.20 234.20 1.58 94.10 126.45 114.50 8.03 Argentina Sep 1.54 51.00 0.01 10.30 14.80 36.00 1.74 Oct 4.09 51.00 0.01 12.00 16.30 36.00 2.79 Brazil Sep 4.84 127.00 1.50 63.00 81.50 49.00 2.84 Oct 5.84 127.00 1.50 63.00 82.50 49.00 2.84 Russia Sep 0.76 13.50 0.05 9.10 10.20 3.80 0.31 Oct 0.76 13.00 0.05 9.10 10.20 3.30 0.31 South Africa Sep 1.06 17.00 0.00 6.90 13.40 3.20 1.46 Oct 1.06 17.00 0.00 6.90 13.40 3.20 1.46 Ukraine Sep 1.56 27.20 0.02 3.10 4.05 24.00 0.73 Oct 1.46 26.20 0.02 3.10 4.05 23.00 0.63 Major Importers 5/ Sep 19.11 123.27 99.80 165.00 220.50 3.89 17.79 Oct 19.82 122.47 100.40 164.90 220.40 3.89 18.39 Egypt Sep 1.41 7.60 7.80 12.90 15.40 0.00 1.41 Oct 1.41 7.00 8.20 12.80 15.30 0.00 1.31 European Union 6/ Sep 7.48 59.00 19.00 55.50 75.30 3.30 6.88 Oct 7.48 59.00 19.00 55.50 75.30 3.30 6.88 Japan Sep 1.31 0.02 15.50 12.20 15.55 0.00 1.27 Oct 1.31 0.02 15.50 12.20 15.55 0.00 1.28 Mexico Sep 3.16 25.00 22.50 29.30 48.00 0.03 2.63 Oct 3.96 25.00 22.50 29.30 48.00 0.03 3.43 Southeast Asia 7/ Sep 3.26 31.46 18.50 41.00 49.60 0.56 3.06 Oct 3.16 31.26 18.70 41.00 49.60 0.56 2.96 South Korea Sep 1.94 0.10 11.80 9.50 11.85 0.00 1.99 Oct 1.94 0.10 11.80 9.50 11.85 0.00 1.99 Canada Sep 1.85 15.20 2.20 10.20 15.70 1.90 1.65 Oct 1.85 15.20 2.20 10.20 15.70 1.90 1.65 China Sep 211.36 292.00 21.00 231.00 313.00 0.02 211.34 Oct 211.36 292.00 19.00 231.00 313.00 0.02 209.34 ================================================================================ WASDE - 653 - 24 October 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/ 183.54 516.02 56.56 519.99 54.64 179.58 World Less China 70.54 370.08 52.17 364.99 52.90 72.98 United States 1.26 5.08 1.27 4.60 2.05 0.96 Total Foreign 182.28 510.94 55.29 515.39 52.58 178.62 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/ 0.51 1.53 1.98 3.35 0.05 0.62 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/ 179.58 521.52 51.69 521.27 54.29 179.82 World Less China 72.98 376.90 50.16 373.16 52.66 76.82 United States 0.96 6.93 1.42 4.94 3.12 1.25 Total Foreign 178.62 514.59 50.27 516.33 51.17 178.57 Major Exporters 4/ 44.60 206.22 3.01 164.43 40.90 48.50 Burma 1.11 11.90 0.00 10.10 2.10 0.81 India 35.00 137.83 0.00 115.83 15.00 42.00 Pakistan 2.02 9.87 0.01 4.00 6.30 1.60 Thailand 3.85 20.00 0.10 12.50 8.90 2.55 Vietnam 2.62 26.63 2.90 22.00 8.60 1.55 Major Importers 5/ 121.70 237.28 19.70 258.32 2.02 118.34 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 4.50 6.50 0.00 1.29 Selected Other Brazil 0.62 7.20 1.10 7.20 1.00 0.72 C. Amer & Carib 8/ 0.62 1.51 1.86 3.25 0.05 0.69 Egypt 0.60 3.78 0.23 4.05 0.01 0.55 Japan 1.81 7.30 0.69 8.15 0.09 1.56 Mexico 0.09 0.15 0.87 0.99 0.01 0.11 South Korea 1.43 3.70 0.33 4.10 0.11 1.25 ================================================================================ WASDE - 653 - 25 October 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/ Sep 177.38 527.31 50.99 527.46 54.30 177.24 Oct 179.82 530.44 52.92 528.07 56.47 182.19 World Less China Sep 74.38 381.31 49.49 382.36 52.90 73.24 Oct 76.82 384.44 51.22 382.77 55.07 78.19 United States Sep 1.25 6.98 1.48 5.05 3.21 1.45 Oct 1.25 6.98 1.48 5.05 3.21 1.45 Total Foreign Sep 176.13 520.34 49.52 522.41 51.09 175.79 Oct 178.57 523.46 51.44 523.02 53.26 180.74 Major Exporters 4/ Sep 45.60 207.70 3.06 169.90 40.60 45.86 Oct 48.50 210.70 3.06 169.00 42.80 50.46 Burma Sep 0.91 12.10 0.01 10.20 1.80 1.02 Oct 0.81 12.10 0.01 10.20 1.80 0.92 India Sep 39.00 139.00 0.00 121.00 18.00 39.00 Oct 42.00 142.00 0.00 120.00 21.00 43.00 Pakistan Sep 1.50 10.00 0.00 4.10 5.90 1.50 Oct 1.60 10.00 0.00 4.10 5.50 2.00 Thailand Sep 2.65 20.10 0.10 12.60 7.50 2.75 Oct 2.55 20.10 0.10 12.60 7.30 2.85 Vietnam Sep 1.55 26.50 2.95 22.00 7.40 1.60 Oct 1.55 26.50 2.95 22.10 7.20 1.70 Major Importers 5/ Sep 118.39 240.52 18.10 257.30 1.85 117.86 Oct 118.34 240.12 18.90 257.25 1.85 118.26 China Sep 103.00 146.00 1.50 145.10 1.40 104.00 Oct 103.00 146.00 1.70 145.30 1.40 104.00 European Union 6/ Sep 0.68 1.72 2.20 3.35 0.40 0.85 Oct 0.68 1.72 2.20 3.35 0.40 0.85 Indonesia Sep 5.52 34.00 1.50 36.50 0.00 4.52 Oct 5.52 34.00 1.50 36.50 0.00 4.52 Nigeria Sep 2.08 5.23 2.00 7.60 0.00 1.71 Oct 2.08 5.23 2.10 7.60 0.00 1.81 Philippines Sep 3.60 12.70 4.60 17.30 0.00 3.60 Oct 3.60 12.30 4.90 17.10 0.00 3.70 Sel. Mideast 7/ Sep 1.34 2.28 4.70 6.85 0.00 1.46 Oct 1.29 2.28 4.60 6.75 0.00 1.41 Brazil Sep 0.84 7.50 0.90 7.10 1.20 0.94 Oct 0.72 7.50 0.90 7.20 1.10 0.82 C. Amer & Carib 8/ Sep 0.76 1.54 1.88 3.38 0.04 0.76 Oct 0.69 1.54 1.88 3.37 0.05 0.70 Egypt Sep 0.55 3.60 0.40 4.08 0.01 0.47 Oct 0.55 3.90 0.25 4.10 0.01 0.60 Japan Sep 1.69 7.20 0.69 7.95 0.08 1.55 Oct 1.56 7.35 0.69 8.00 0.09 1.51 Mexico Sep 0.11 0.16 0.86 1.01 0.01 0.12 Oct 0.11 0.16 0.86 1.01 0.01 0.12 South Korea Sep 1.31 3.60 0.44 3.90 0.13 1.32 Oct 1.25 3.60 0.44 3.90 0.13 1.26 ================================================================================ WASDE - 653 - 26 October 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 75.97 113.66 43.97 113.85 44.75 -0.21 75.20 World Less China 42.61 86.31 28.99 75.35 44.69 -0.21 38.08 United States 4.65 12.07 3/ 1.85 11.75 -0.03 3.15 Total Foreign 71.32 101.60 43.97 112.00 33.00 -0.18 72.05 Major Exporters 4/ 27.23 58.52 1.54 33.82 28.28 -0.18 25.36 Central Asia 5/ 3.63 5.20 0.01 3.86 1.67 0.00 3.32 Afr. Fr. Zone 6/ 0.96 5.02 3/ 0.10 4.59 0.00 1.29 S. Hemis. 7/ 11.34 22.03 0.15 4.22 19.25 -0.18 10.22 Australia 4.78 5.00 3/ 0.01 5.74 -0.18 4.20 Brazil 4.01 14.57 0.01 3.16 12.31 0.00 3.11 India 10.82 25.80 0.89 25.00 2.31 0.00 10.20 Major Importers 8/ 41.77 39.62 39.97 74.10 2.99 0.00 44.27 Mexico 0.38 0.87 0.70 1.50 0.20 0.00 0.24 China 33.36 27.35 14.98 38.50 0.06 0.00 37.12 European Union 9/ 0.39 1.04 0.48 0.51 1.14 0.00 0.26 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 7.58 7.75 0.00 0.00 1.71 Vietnam 1.05 3/ 6.59 6.60 0.00 0.00 1.03 ================================================================================ WASDE - 653 - 27 October 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 Sep 75.61 116.42 42.99 115.75 42.99 -0.21 76.49 Oct 75.20 116.64 42.48 115.74 42.47 -0.22 76.33 World Less China Sep 37.99 88.62 33.49 77.75 42.92 -0.21 39.65 Oct 38.08 88.44 33.48 77.74 42.40 -0.22 40.08 United States Sep 3.15 14.51 0.01 1.90 11.80 -0.03 4.00 Oct 3.15 14.20 0.01 1.80 11.50 -0.04 4.10 Total Foreign Sep 72.46 101.91 42.98 113.85 31.19 -0.18 72.49 Oct 72.05 102.44 42.47 113.94 30.97 -0.18 72.23 Major Exporters 4/ Sep 25.34 58.57 3.00 34.66 26.96 -0.18 25.47 Oct 25.36 58.75 3.00 34.66 26.76 -0.18 25.86 Central Asia 5/ Sep 3.38 5.27 0.03 4.08 1.38 0.00 3.22 Oct 3.32 5.27 0.03 4.08 1.39 0.00 3.15 Afr. Fr. Zone 6/ Sep 1.29 4.81 3/ 0.10 4.65 0.00 1.36 Oct 1.29 4.81 3/ 0.10 4.65 0.00 1.36 S. Hemis. 7/ Sep 10.17 23.93 0.15 4.34 19.16 -0.18 10.93 Oct 10.22 24.11 0.15 4.34 18.96 -0.18 11.36 Australia Sep 4.19 5.00 3/ 0.01 5.40 -0.18 3.96 Oct 4.20 5.00 3/ 0.01 5.40 -0.18 3.97 Brazil Sep 3.17 16.70 0.01 3.30 12.50 0.00 4.08 Oct 3.11 16.80 0.01 3.30 12.30 0.00 4.32 India Sep 10.17 24.00 2.30 25.50 1.30 0.00 9.67 Oct 10.20 24.00 2.30 25.50 1.30 0.00 9.70 Major Importers 8/ Sep 44.71 39.85 37.33 74.91 2.39 0.00 44.59 Oct 44.27 40.20 36.81 74.99 2.37 0.00 43.93 Mexico Sep 0.24 0.83 0.93 1.55 0.20 0.00 0.24 Oct 0.24 0.83 0.93 1.55 0.20 0.00 0.24 China Sep 37.62 27.80 9.50 38.00 0.08 0.00 36.84 Oct 37.12 28.20 9.00 38.00 0.08 0.00 36.24 European Union 9/ Sep 0.32 1.36 0.54 0.56 1.25 0.00 0.41 Oct 0.26 1.32 0.54 0.56 1.22 0.00 0.33 Turkey Sep 1.41 4.00 4.70 7.50 0.80 0.00 1.81 Oct 1.41 4.00 4.70 7.50 0.80 0.00 1.81 Pakistan Sep 1.85 5.70 4.00 9.60 0.05 0.00 1.90 Oct 1.85 5.70 4.00 9.60 0.05 0.00 1.90 Indonesia Sep 0.40 3/ 2.00 2.00 0.01 0.00 0.39 Oct 0.40 3/ 2.00 2.00 0.01 0.00 0.39 Thailand Sep 0.09 3/ 0.40 0.42 0.00 0.00 0.08 Oct 0.09 3/ 0.40 0.42 0.00 0.00 0.08 Bangladesh Sep 1.59 0.16 7.70 7.70 0.00 0.00 1.74 Oct 1.71 0.16 7.70 7.80 0.00 0.00 1.77 Vietnam Sep 1.03 3/ 6.90 6.90 0.00 0.00 1.04 Oct 1.03 3/ 6.90 6.90 0.00 0.00 1.04 ================================================================================ WASDE - 653 - 28 October 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/ 92.55 378.70 167.82 315.32 366.40 171.76 100.92 World Less China 67.40 358.41 63.32 219.32 248.90 171.67 68.58 United States 7.47 116.22 0.67 60.20 63.29 53.87 7.19 Total Foreign 85.08 262.48 167.16 255.12 303.11 117.88 93.73 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/ 100.92 394.71 177.41 330.42 383.80 176.87 112.37 World Less China 68.58 373.87 65.41 231.42 262.00 176.80 69.06 United States 7.19 113.27 0.57 62.24 65.59 46.13 9.31 Total Foreign 93.73 281.44 176.84 268.17 318.20 130.75 103.06 Major Exporters 3/ 54.29 215.30 8.30 94.00 105.35 119.67 52.86 Argentina 17.00 48.10 7.40 35.70 42.95 5.10 24.45 Brazil 36.82 153.00 0.87 54.70 58.55 104.17 27.96 Paraguay 0.37 11.00 0.02 3.50 3.60 7.60 0.19 Major Importers 4/ 34.51 24.73 144.27 126.85 157.29 0.39 45.83 China 32.34 20.84 112.00 99.00 121.80 0.07 43.31 European Union 1.10 2.99 13.80 14.50 16.22 0.30 1.37 Southeast Asia 5/ 0.67 0.47 8.87 4.44 9.30 0.01 0.70 Mexico 0.22 0.19 6.40 6.48 6.54 0.01 0.26 2024/25 Proj. World 2/ Sep 112.25 429.20 177.74 346.67 402.98 181.63 134.58 Oct 112.37 428.92 177.61 346.38 402.72 181.53 134.65 World Less China Sep 69.37 408.50 68.74 243.67 276.18 181.53 88.90 Oct 69.06 408.22 68.61 243.38 275.82 181.43 88.64 United States Sep 9.26 124.81 0.41 66.00 69.16 50.35 14.97 Oct 9.31 124.70 0.41 66.00 69.10 50.35 14.97 Total Foreign Sep 103.00 304.39 177.33 280.68 333.82 131.28 119.61 Oct 103.06 304.22 177.20 280.38 333.62 131.18 119.68 Major Exporters 3/ Sep 52.67 234.30 6.18 97.60 109.63 119.60 63.92 Oct 52.86 234.30 6.18 97.60 109.63 119.60 64.11 Argentina Sep 24.35 51.00 6.00 40.00 47.60 4.50 29.25 Oct 24.45 51.00 6.00 40.00 47.60 4.50 29.35 Brazil Sep 27.87 169.00 0.15 54.00 58.10 105.00 33.92 Oct 27.96 169.00 0.15 54.00 58.10 105.00 34.01 Paraguay Sep 0.19 11.20 0.02 3.50 3.68 7.30 0.43 Oct 0.19 11.20 0.02 3.50 3.68 7.30 0.43 Major Importers 4/ Sep 45.55 24.44 143.66 132.41 164.25 0.42 49.00 Oct 45.83 24.47 143.54 132.16 164.06 0.42 49.36 China Sep 42.88 20.70 109.00 103.00 126.80 0.10 45.68 Oct 43.31 20.70 109.00 103.00 126.90 0.10 46.01 European Union Sep 1.37 2.88 14.60 15.20 17.02 0.30 1.52 Oct 1.37 2.90 14.60 15.20 17.02 0.30 1.55 Southeast Asia 5/ Sep 0.82 0.46 10.01 5.00 10.09 0.01 1.19 Oct 0.70 0.46 9.89 4.75 9.84 0.01 1.19 Mexico Sep 0.26 0.16 6.70 6.65 6.71 0.00 0.41 Oct 0.26 0.16 6.70 6.65 6.71 0.00 0.41 ================================================================================ WASDE - 653 - 29 October 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/ 16.48 247.67 63.23 246.94 67.07 13.37 World Less China 15.77 171.63 63.19 171.89 66.27 12.43 United States 0.28 47.62 0.58 34.95 13.20 0.34 Total Foreign 16.20 200.05 62.66 212.00 53.87 13.03 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/ 13.37 259.43 70.16 254.23 74.67 14.07 World Less China 12.43 181.02 70.12 177.08 73.20 13.30 United States 0.34 49.15 0.59 35.11 14.61 0.36 Total Foreign 13.03 210.28 69.57 219.12 60.06 13.70 Major Exporters 3/ 5.66 79.01 0.08 30.60 49.33 4.81 Argentina 2.31 27.85 0.01 3.45 24.70 2.02 Brazil 3.15 42.12 0.02 20.00 22.73 2.56 India 0.20 9.04 0.05 7.15 1.90 0.24 Major Importers 4/ 1.68 21.87 38.47 58.87 0.97 2.18 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 3.46 18.27 21.27 0.27 1.21 China 0.94 78.41 0.04 77.15 1.47 0.77 2024/25 Proj. World 2/ Sep 13.72 271.95 71.21 266.32 74.76 15.79 Oct 14.07 271.65 71.19 266.09 74.76 16.06 World Less China Sep 12.87 190.37 71.16 185.77 73.76 14.87 Oct 13.30 190.07 71.14 185.54 73.76 15.21 United States Sep 0.36 51.78 0.54 36.40 15.88 0.41 Oct 0.36 51.78 0.54 36.40 15.88 0.41 Total Foreign Sep 13.35 220.17 70.66 229.92 58.89 15.38 Oct 13.70 219.87 70.65 229.69 58.89 15.65 Major Exporters 3/ Sep 4.82 81.58 0.07 32.08 49.10 5.30 Oct 4.81 81.58 0.07 32.05 49.10 5.31 Argentina Sep 2.14 31.20 0.01 3.55 27.30 2.50 Oct 2.02 31.20 0.01 3.53 27.30 2.40 Brazil Sep 2.35 41.58 0.01 21.00 20.50 2.44 Oct 2.56 41.58 0.01 21.00 20.50 2.65 India Sep 0.34 8.80 0.05 7.53 1.30 0.36 Oct 0.24 8.80 0.05 7.53 1.30 0.26 Major Importers 4/ Sep 2.24 23.09 39.58 61.28 1.19 2.43 Oct 2.18 22.89 39.58 61.03 1.19 2.43 European Union Sep 0.70 12.01 16.20 27.34 0.90 0.66 Oct 0.70 12.01 16.20 27.34 0.90 0.66 Mexico Sep 0.19 5.26 2.20 7.43 0.00 0.22 Oct 0.19 5.26 2.20 7.43 0.00 0.22 Southeast Asia 5/ Sep 1.27 3.90 19.43 22.83 0.29 1.48 Oct 1.21 3.71 19.43 22.58 0.29 1.48 China Sep 0.85 81.58 0.05 80.55 1.00 0.92 Oct 0.77 81.58 0.05 80.55 1.00 0.84 ================================================================================ WASDE - 653 - 30 October 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/ 5.12 59.62 10.85 58.86 11.71 5.01 World Less China 4.73 42.41 10.46 41.86 11.60 4.14 United States 0.90 11.90 0.17 12.07 0.17 0.73 Total Foreign 4.22 47.72 10.68 46.79 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 62.63 10.81 61.34 11.85 5.26 World Less China 4.14 44.89 10.43 43.24 11.75 4.47 United States 0.73 12.30 0.30 12.29 0.30 0.74 Total Foreign 4.28 50.33 10.51 49.05 11.55 4.53 Major Exporters 3/ 1.46 21.44 0.66 13.67 8.18 1.71 Argentina 0.32 7.08 0.00 1.71 5.44 0.25 Brazil 0.49 10.94 0.08 9.35 1.35 0.81 European Union 0.56 2.76 0.58 2.53 0.75 0.61 Major Importers 4/ 1.69 21.10 5.38 26.35 0.21 1.61 China 0.87 17.74 0.38 18.10 0.10 0.79 India 0.60 2.03 3.20 5.28 0.02 0.54 North Africa 5/ 0.19 0.96 1.23 2.04 0.09 0.25 2024/25 Proj. World 2/ Sep 5.28 65.54 11.10 64.60 12.01 5.30 Oct 5.26 65.54 11.09 64.69 12.00 5.20 World Less China Sep 4.46 47.08 10.70 45.80 11.91 4.53 Oct 4.47 47.08 10.69 45.89 11.90 4.46 United States Sep 0.74 12.93 0.20 12.79 0.27 0.81 Oct 0.74 12.93 0.20 12.79 0.27 0.81 Total Foreign Sep 4.54 52.60 10.90 51.81 11.74 4.49 Oct 4.53 52.61 10.88 51.90 11.72 4.39 Major Exporters 3/ Sep 1.73 22.25 0.57 14.44 8.43 1.68 Oct 1.71 22.29 0.57 14.44 8.43 1.69 Argentina Sep 0.28 7.90 0.00 2.36 5.50 0.32 Oct 0.25 7.94 0.00 2.36 5.50 0.33 Brazil Sep 0.81 10.80 0.04 9.53 1.40 0.72 Oct 0.81 10.80 0.04 9.53 1.40 0.73 European Union Sep 0.61 2.89 0.53 2.48 0.95 0.60 Oct 0.61 2.89 0.53 2.48 0.95 0.60 Major Importers 4/ Sep 1.51 21.90 5.80 27.64 0.21 1.37 Oct 1.61 21.90 5.80 27.77 0.21 1.34 China Sep 0.82 18.46 0.40 18.80 0.10 0.77 Oct 0.79 18.46 0.40 18.80 0.10 0.75 India Sep 0.42 1.98 3.50 5.60 0.02 0.28 Oct 0.54 1.98 3.50 5.73 0.02 0.28 North Africa 5/ Sep 0.25 1.07 1.25 2.23 0.08 0.28 Oct 0.25 1.07 1.25 2.23 0.08 0.28 ================================================================================ WASDE - 653 - 31 October 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 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 6775 6775 13594 11900 1270 13315 26909 2250 55.8 IV* 6900 7365 14310 12100 1265 13505 27815 2305 55.6 SepProj. 26795 28053 55025 47109 5130 52809 107834 9076 225.9 OctProj. 27000 27948 55125 47084 5110 52759 107884 9061 225.8 2025 I* 6540 7125 13710 11700 1265 13110 26820 2345 56.7 II* 6650 6820 13514 11825 1290 13260 26774 2345 58.0 III* 6425 6970 13437 12200 1300 13650 27087 2360 56.5 SepProj. 25625 28505 54305 47675 5175 53435 107740 9445 227.9 OctProj. 25925 28515 54615 47825 5165 53575 108190 9445 227.7 ================================================================================ U.S. Quarterly Prices for Animal Products ================================================================================ Year Barrows and Streers and gilts Broilers Turkeys Eggs Milk quarter 2/ 3/ 4/ 5/ 6/ 7/ ================================================================================ Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2023 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 189.26 63.71 127.4 93.3 317.2 24.00 IV* 186.00 55.00 129.0 94.0 275.0 24.90 SepProj. 185.11 59.38 128.0 93.7 278.9 23.05 OctProj. 186.18 59.80 129.1 93.8 269.5 22.80 2025 I* 187.00 55.00 130.0 93.0 225.0 23.20 II* 186.00 61.00 133.0 95.0 175.0 22.30 III* 185.00 63.00 127.0 103.0 170.0 22.10 SepProj. 186 58 128 103 188 23.45 OctProj. 187 58 129 100 188 22.75 ================================================================================ WASDE - 653 - 32 October 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. Sep 638 26862 4328 31828 2990 605 28233 58.6 Oct 638 27067 4383 32088 2955 610 28523 59.2 2025 Proj. Sep 605 25692 4335 30632 2600 560 27472 56.7 Oct 610 25992 4425 31027 2600 570 27857 57.5 Pork 2023 504 27318 1142 28965 6824 471 21670 50.2 2024 Proj. Sep 471 28068 1188 29728 7182 455 22091 50.9 Oct 471 27963 1188 29623 7152 445 22026 50.7 2025 Proj. Sep 455 28520 1205 30180 7365 465 22350 51.2 Oct 445 28530 1205 30180 7395 445 22340 51.2 TotalRed Meat5/ 2023 1256 54540 5152 60948 9867 1130 49950 109.5 2024 Proj. Sep 1130 55117 5874 62121 10177 1082 50862 110.9 Oct 1130 55217 5929 62276 10112 1077 51087 111.4 2025 Proj. Sep 1082 54397 5875 61353 9970 1046 50338 109.3 Oct 1077 54707 5965 61748 10000 1036 50713 110.1 Broiler 2023 892 45890 131 46914 7260 835 38819 99.5 2024 Proj. Sep 835 46605 148 47588 6766 805 40017 102.0 Oct 835 46580 148 47563 6721 800 40042 102.1 2025 Proj. Sep 805 47165 160 48130 6875 805 40450 102.5 Oct 800 47313 160 48273 6810 805 40658 103.1 Turkey 2023 190 5457 42 5689 490 243 4956 14.8 2024 Proj. Sep 243 5130 33 5406 507 200 4699 13.9 Oct 243 5110 36 5389 504 200 4685 13.9 2025 Proj. Sep 200 5175 32 5407 530 210 4667 13.8 Oct 200 5165 32 5397 530 210 4657 13.7 Total Poultry6/ 2023 1087 51934 177 53199 7770 1085 44344 116.0 2024 Proj. Sep 1085 52304 184 53573 7294 1010 45269 117.6 Oct 1085 52255 188 53528 7246 1005 45277 117.6 2025 Proj. Sep 1010 52924 198 54132 7429 1021 45682 118.0 Oct 1005 53063 198 54266 7360 1021 45885 118.5 RedMeat& Poultry 2023 2343 106474 5329 114147 17637 2215 94294 225.4 2024 Proj. Sep 2215 107421 6058 115694 17471 2092 96131 228.5 Oct 2215 107471 6117 115804 17358 2082 96364 229.0 2025 Proj. Sep 2092 107321 6073 115486 17399 2067 96020 227.3 Oct 2082 107769 6163 116014 17360 2057 96597 228.5 ================================================================================ WASDE - 653 - 33 October 2024 U.S. Egg Supply and Use ================================================================================ 2022 2023 2024Proj. 2024Proj. 2025Proj. 2025Proj. Commodity Sep Oct Sep Oct ================================================================================ Million Dozen Eggs Supply BeginningStocks 19.1 18.8 23.1 23.1 20.0 21.0 Production 9116.6 9142.4 9076.2 9061.2 9445.0 9445.0 Imports 26.0 27.5 28.1 27.4 30.0 30.0 Total Supply 9161.7 9188.6 9127.4 9111.7 9495.0 9496.0 Use Exports 226.6 250.5 245.7 245.7 264.0 264.0 Hatching Use 1117.3 1112.5 1143.6 1148.6 1135.0 1135.0 Ending Stocks 18.8 23.1 20.0 21.0 22.0 22.0 Disappearance Total 7799.1 7802.6 7718.1 7696.4 8074.0 8075.0 Per Capita (number) 280.6 279.3 274.8 274.1 285.9 286.0 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2022 2023 2024Proj. 2024Proj. 2025Proj. 2025Proj. Commodity Sep Oct Sep Oct ================================================================================ Billion Pounds Milk Production 226.4 226.4 225.9 225.8 227.9 227.7 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 13.6 Marketings 225.4 225.4 224.9 224.8 226.9 226.7 Imports 7.1 7.4 9.0 9.3 8.6 8.8 Total Supply 246.8 247.1 247.7 247.9 248.9 249.1 FatBasisUse Exports 12.8 10.5 11.6 11.6 11.3 11.4 Ending Stocks 14.4 13.8 13.5 13.6 13.2 13.6 Domestic Use 219.6 222.9 222.6 222.7 224.4 224.1 Skim-solidBasisSupply BeginningStocks 11.1 11.7 9.9 9.9 9.7 9.5 Marketings 225.4 225.4 224.9 224.8 226.9 226.7 Imports 6.7 6.3 6.9 6.9 7.1 7.3 Total Supply 243.2 243.3 241.6 241.6 243.7 243.5 Skim-solidBasisUse Exports 52.9 49.9 48.9 49.2 49.8 49.5 Ending Stocks 11.7 9.9 9.7 9.5 9.9 10.0 Domestic Use 178.7 183.6 183.1 183.0 184.0 184.0 ================================================================================ WASDE - 653 - 34 October 2024 U.S. Dairy Prices ================================================================================ Commod- 2022 2023 2024 Proj. 2024 Proj. 2025 Proj. 2025 Proj. ity Sep Oct Sep Oct ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1122 1.7593 1.930 1.885 1.940 1.880 Butter 2.8665 2.6170 3.000 2.925 3.005 2.785 Nonfat Dry Milk 1.6851 1.1856 1.220 1.230 1.235 1.250 Dry Whey 0.6057 0.3618 0.475 0.480 0.485 0.490 Milk Prices 2/ Dollars Per Cwt ClassIII 21.96 17.02 19.45 19.05 19.60 18.95 Class IV 24.47 19.12 21.00 20.80 21.20 20.35 All Milk 3/ 25.34 20.34 23.05 22.80 23.45 22.75 ================================================================================ WASDE - 653 - 35 October 2024 Reliability of October 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 1.6 2.7 7.0 0.1 26.7 31 11 U.S. 0.5 0.9 0.2 0.0 1.2 12 17 Foreign 1.8 3.0 7.0 0.1 26.8 31 11 Exports World 5.6 9.4 6.4 0.0 19.3 33 8 U.S. 8.0 13.5 2.1 0.2 10.0 19 23 Foreign 6.6 11.2 6.1 0.5 17.3 35 7 Domestic Use World 1.5 2.6 7.1 0.5 29.9 25 17 U.S. 5.9 9.9 1.5 0.1 3.6 11 31 Foreign 1.6 2.7 7.0 0.2 29.9 26 16 Ending Stocks World 7.7 12.9 9.9 0.4 32.5 31 11 U.S. 11.1 18.7 2.0 0.0 6.8 26 16 Foreign 8.1 13.7 8.6 0.0 29.3 31 11 COARSE GRAINS 2/ Production World 1.9 3.1 15.5 0.8 51.9 32 10 U.S. 2.6 4.4 4.8 0.1 17.9 24 18 Foreign 2.4 4.0 14.6 0.6 61.4 32 10 Exports World 6.9 11.6 7.0 0.1 28.9 29 13 U.S. 15.9 26.8 6.9 0.7 19.3 19 23 Foreign 12.4 20.8 7.3 0.6 21.4 28 14 Domestic Use World 1.5 2.5 11.9 0.2 42.4 27 15 U.S. 3.5 5.9 5.5 0.0 17.0 22 20 Foreign 1.7 2.9 10.7 0.0 42.1 28 14 Ending Stocks World 13.0 21.9 17.2 0.2 170.0 33 9 U.S. 24.5 41.2 8.9 0.5 29.1 23 19 Foreign 15.9 26.8 15.3 0.7 153.5 35 7 RICE, milled Production World 2.2 3.7 6.1 0.0 20.9 33 8 U.S. 3.1 5.3 0.1 0.0 0.5 23 19 Foreign 2.2 3.7 6.1 0.1 21.0 33 9 Exports World 9.0 15.2 1.9 0.1 6.3 31 11 U.S. 10.4 17.5 0.2 0.0 0.8 20 20 Foreign 10.3 17.4 1.9 0.0 6.3 31 11 Domestic Use World 1.7 2.9 4.2 0.3 20.3 32 10 U.S. 7.6 12.7 0.2 0.0 0.6 22 19 Foreign 1.8 3.0 4.2 0.1 20.7 32 10 Ending Stocks World 10.9 18.3 5.7 0.2 26.6 34 8 U.S. 22.9 38.5 0.2 0.0 0.8 21 20 Foreign 11.4 19.2 5.8 0.1 26.6 35 7 ================================================================================ WASDE - 653 - 36 October 2024 Reliability of October 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 4.5 7.5 7.4 0.1 31.9 19 23 U.S. 2.7 4.6 1.5 0.0 4.0 18 24 Foreign 7.2 12.0 7.2 0.0 31.5 18 24 Exports World 7.6 12.8 4.4 0.3 19.7 26 16 U.S. 10.9 18.3 2.6 0.1 8.6 25 17 Foreign 17.4 29.3 3.9 0.1 21.2 20 22 Domestic Use World 3.1 5.2 4.8 0.0 16.9 22 19 U.S. 3.7 6.2 1.3 0.0 4.5 25 16 Foreign 3.8 6.4 4.5 0.1 16.4 25 17 Ending Stocks World 16.7 28.1 5.1 0.3 18.6 24 18 U.S. 43.0 72.5 2.3 0.0 6.6 10 32 Foreign 18.3 30.8 4.7 0.3 19.9 22 20 COTTON Production World 4.3 7.3 2.9 0.0 10.9 22 19 U.S. 5.4 9.1 0.7 0.0 2.4 23 19 Foreign 4.9 8.3 2.6 0.0 10.5 20 21 Exports World 8.1 13.6 2.2 0.1 8.5 24 18 U.S. 16.8 28.3 1.1 0.1 3.1 24 18 Foreign 11.1 18.6 1.7 0.1 8.3 21 21 Domestic Use World 4.8 8.1 3.5 0.1 19.5 18 24 U.S. 10.1 17.1 0.3 0.0 1.2 19 22 Foreign 4.8 8.2 3.4 0.0 18.6 18 24 Ending Stocks World 12.9 21.7 5.2 0.0 15.8 24 17 U.S. 36.9 62.1 1.2 0.0 4.3 14 27 Foreign 13.8 23.2 4.8 0.2 15.6 28 14 ================================================================================ WASDE - 653 - 37 October 2024 Reliability of United States October 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 2.7 4.6 189 5 618 23 19 Exports 16.3 27.4 250 12 700 19 23 Domestic Use 3.8 6.3 218 5 600 24 18 Ending Stocks 27.1 45.7 334 18 1187 23 19 SORGHUM Production 6.9 11.6 20 0 71 22 19 Exports 26.5 44.6 40 1 130 22 20 Domestic Use 20.7 34.8 36 0 125 19 22 Ending Stocks 50.5 85.0 27 0 142 15 26 BARLEY Production 1.4 2.3 3 0 24 9 16 Exports 65.1 109.6 10 0 38 18 19 Domestic Use 8.1 13.6 17 0 70 15 26 Ending Stocks 15.2 25.5 14 1 56 25 17 OATS Production 2.4 4.0 2 0 18 6 12 Exports 86.1 145.0 1 0 8 11 12 Domestic Use 5.3 9.0 11 0 39 14 27 Ending Stocks 22.2 37.4 14 0 47 28 13 Thousand Short Tons SOYBEAN MEAL Production 3.5 5.8 1013 21 2815 27 15 Exports 11.1 18.7 732 0 2200 25 16 Domestic Use 3.4 5.7 778 45 2650 23 19 Ending Stocks 31.0 52.1 48 0 198 16 16 Million Pounds SOYBEAN OIL Production 3.6 6.1 487 1 1473 31 11 Exports 52.9 89.0 417 25 1525 24 18 Domestic Use 3.8 6.4 460 0 1928 27 14 Ending Stocks 25.1 42.3 373 15 1327 22 20 ANIMAL PROD. 3/ Million Pounds Beef 3.9 6.5 788 18 2461 27 14 Pork 3.0 5.1 403 2 1592 20 21 Broilers 1.7 2.9 392 1 1337 25 16 Turkeys 4.1 6.9 157 2 510 19 22 Million Dozen Eggs 2.1 3.5 122 4 468 24 17 Billion Pounds Milk 1.5 2.6 2.0 0.2 6.8 20 21 ================================================================================