WASDE - 579 - 8 July 2018 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/ 2016/17 2608.54 3233.73 428.83 2577.61 656.12 2017/18 (Est.) 2561.69 3217.81 420.29 2579.44 638.37 2018/19 (Proj.) Jun 2568.88 3206.21 432.39 2615.29 590.91 Jul 2560.97 3199.33 430.53 2614.91 584.43 Wheat 2016/17 751.99 996.27 183.16 738.94 257.34 2017/18 (Est.) 757.92 1015.25 181.86 741.75 273.50 2018/19 (Proj.) Jun 744.69 1017.06 187.32 750.90 266.16 Jul 736.26 1009.75 185.45 748.87 260.88 Coarse Grains 5/ 2016/17 1369.83 1617.95 198.46 1355.94 262.01 2017/18 (Est.) 1315.17 1577.18 190.11 1356.18 221.01 2018/19 (Proj.) Jun 1336.84 1557.91 195.72 1376.34 181.57 Jul 1336.91 1557.92 195.87 1378.12 179.79 Rice, milled 2016/17 486.71 619.51 47.21 482.74 136.77 2017/18 (Est.) 488.60 625.38 48.32 481.51 143.86 2018/19 (Proj.) Jun 487.35 631.24 49.35 488.06 143.18 Jul 487.80 631.66 49.21 487.91 143.75 United States Total Grains 4/ 2016/17 472.56 556.09 96.71 363.62 95.76 2017/18 (Est.) 437.29 541.22 94.34 360.87 86.01 2018/19 (Proj.) Jun 425.99 520.58 88.07 363.23 69.28 Jul 433.06 527.15 90.88 365.13 71.14 Wheat 2016/17 62.83 92.60 28.60 31.86 32.13 2017/18 (Est.) 47.37 83.79 24.52 29.32 29.95 2018/19 (Proj.) Jun 49.74 82.81 25.86 31.22 25.74 Jul 51.21 84.82 26.54 31.49 26.80 Coarse Grains 5/ 2016/17 402.61 454.15 64.46 327.53 62.17 2017/18 (Est.) 384.26 449.45 66.96 327.46 55.04 2018/19 (Proj.) Jun 369.80 429.28 58.95 328.11 42.23 Jul 375.09 433.68 61.11 329.58 43.00 Rice, milled 2016/17 7.12 9.34 3.65 4.23 1.46 2017/18 (Est.) 5.66 7.98 2.86 4.10 1.03 2018/19 (Proj.) Jun 6.45 8.49 3.27 3.91 1.32 Jul 6.76 8.65 3.24 4.06 1.34 ================================================================================ WASDE - 579 - 9 July 2018 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/ 2016/17 2135.98 2677.64 332.13 2213.99 560.36 2017/18 (Est.) 2124.41 2676.59 325.95 2218.57 552.36 2018/19 (Proj.) Jun 2142.89 2685.62 344.32 2252.06 521.63 Jul 2127.90 2672.18 339.65 2249.77 513.29 Wheat 2016/17 689.16 903.68 154.56 707.07 225.20 2017/18 (Est.) 710.55 931.46 157.33 712.44 243.55 2018/19 (Proj.) Jun 694.95 934.25 161.47 719.68 240.42 Jul 685.05 924.93 158.92 717.39 234.08 Coarse Grains 5/ 2016/17 967.22 1163.80 134.00 1028.41 199.84 2017/18 (Est.) 930.92 1127.73 123.15 1028.72 165.96 2018/19 (Proj.) Jun 967.04 1128.63 136.77 1048.23 139.34 Jul 961.82 1124.23 134.76 1048.54 136.80 Rice, milled 2016/17 479.60 610.17 43.57 478.51 135.31 2017/18 (Est.) 482.95 617.40 45.47 477.42 142.84 2018/19 (Proj.) Jun 480.90 622.75 46.08 484.15 141.87 Jul 481.04 623.02 45.97 483.84 142.41 ================================================================================ 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 2016/17 106.63 200.10 37.40 115.81 84.34 2017/18 (Est.) 123.69 208.03 40.69 122.23 84.96 2018/19 (Proj.) Jun 120.40 208.61 41.07 125.35 83.02 Jul 120.11 205.06 41.24 126.95 77.84 United States 2016/17 17.17 20.98 14.92 3.25 2.75 2017/18 (Est.) 20.92 23.68 16.20 3.35 4.00 2018/19 (Proj.) Jun 19.50 23.71 15.50 3.40 4.70 Jul 18.50 22.51 15.00 3.40 4.00 Foreign 4/ 2016/17 89.46 179.13 22.48 112.56 81.59 2017/18 (Est.) 102.77 184.35 24.49 118.88 80.96 2018/19 (Proj.) Jun 100.90 184.90 25.57 121.95 78.32 Jul 101.61 182.56 26.24 123.55 73.84 ================================================================================ WASDE - 579 - 10 July 2018 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 2016/17 574.23 668.66 170.43 469.57 110.96 2017/18 (Est.) 573.67 684.63 176.01 486.56 111.89 2018/19 (Proj.) Jun 593.94 702.03 187.10 509.56 100.68 Jul 592.59 704.48 181.30 500.64 111.69 Oilmeals 2016/17 321.51 338.62 88.19 318.60 16.67 2017/18 (Est.) 332.67 349.34 88.17 330.80 15.00 2018/19 (Proj.) Jun 348.71 363.75 90.42 345.47 14.95 Jul 343.19 358.19 88.72 340.36 14.98 Vegetable Oils 2016/17 189.27 210.66 81.13 183.84 20.57 2017/18 (Est.) 198.46 219.03 81.42 190.74 22.23 2018/19 (Proj.) Jun 206.28 228.05 83.97 198.25 24.05 Jul 203.74 225.98 83.88 197.47 22.85 United States Oilseeds 2016/17 126.93 135.31 60.08 56.26 9.60 2017/18 (Est.) 131.03 142.05 58.00 59.51 14.64 2018/19 (Proj.) Jun 127.29 144.54 63.46 59.02 12.36 Jul 127.83 143.89 56.66 60.21 17.65 Oilmeals 2016/17 43.11 47.31 10.83 36.08 0.41 2017/18 (Est.) 46.20 50.39 12.55 37.42 0.42 2018/19 (Proj.) Jun 45.60 49.72 11.62 37.77 0.33 Jul 46.49 50.70 12.26 38.02 0.42 Vegetable Oils 2016/17 11.43 17.37 1.42 14.72 1.23 2017/18 (Est.) 11.97 18.26 1.36 15.42 1.48 2018/19 (Proj.) Jun 11.93 18.48 1.21 15.84 1.43 Jul 12.15 18.75 1.25 16.07 1.43 Foreign 3/ Oilseeds 2016/17 447.30 533.35 110.35 413.31 101.36 2017/18 (Est.) 442.64 542.58 118.01 427.06 97.25 2018/19 (Proj.) Jun 466.65 557.49 123.64 450.54 88.32 Jul 464.76 560.59 124.64 440.43 94.04 Oilmeals 2016/17 278.39 291.31 77.36 282.53 16.26 2017/18 (Est.) 286.46 298.94 75.62 293.38 14.58 2018/19 (Proj.) Jun 303.10 314.03 78.79 307.70 14.63 Jul 296.70 307.49 76.46 302.34 14.56 Vegetable Oils 2016/17 177.84 193.30 79.71 169.12 19.34 2017/18 (Est.) 186.49 200.78 80.07 175.32 20.75 2018/19 (Proj.) Jun 194.35 209.58 82.77 182.41 22.62 Jul 191.59 207.23 82.63 181.40 21.42 ================================================================================ WASDE - 579 - 11 July 2018 U.S. Wheat Supply and Use 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Acres Area Planted 50.1 46.0 47.3* 47.8 Area Harvested 43.9 37.6 38.9* 39.6 Bushels Yield per Harvested Acre 52.7 46.3 46.9* 47.5 Million Bushels Beginning Stocks 976 1181 1080 1100 Production 2309 1741 1827 1881 Imports 118 157 135 135 Supply, Total 3402 3079 3043 3117 Food 949 963 965 965 Seed 61 64 62 62 Feed and Residual 161 50 120 130 Domestic, Total 1171 1077 1147 1157 Exports 1051 901 950 975 Use, Total 2222 1978 2097 2132 Ending Stocks 1181 1100 946 985 Avg.FarmPrice ($/bu) 2/ 3.89 4.73 4.60-5.60 4.50-5.50 ================================================================================ U.S. Wheat by Class: Supply and Use ================================================================================ Year begining Hard Red Hard Red Soft Red June 1 Winter Spring Winter White Durum Total ================================================================================ Million Bushels 2017/18 (Est.) Beginning Stocks 589 235 215 105 36 1181 Production 750 385 292 258 55 1741 Supply, Total 3/ 1346 695 524 371 143 3079 Domestic Use 394 275 229 90 89 1077 Exports 371 228 90 194 18 901 Use, Total 765 504 319 284 107 1978 Ending Stocks, Total 581 191 205 87 36 1100 2018/19 (Proj.) Beginning Stocks 581 191 205 87 36 1100 Production 657 584 303 262 75 1881 Supply, Total 3/ 1254 830 523 359 151 3117 Domestic Use 472 277 229 94 85 1157 Exports 365 270 125 190 25 975 Use, Total 837 547 354 284 110 2132 Ending Stocks, Total Jul 417 283 169 75 41 985 Jun NA NA NA NA NA NA ================================================================================ WASDE - 579 - 12 July 2018 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Acres FEED GRAINS Area Planted 106.6 100.9 99.0* 100.6* Area Harvested 96.5 90.5 88.8* 90.1* Metric Tons Yield per Harvested Acre 4.17 4.24 4.16 4.16 Million Metric Tons Beginning Stocks 48.1 62.1 55.9 55.0 Production 402.3 384.0 369.5 374.8 Imports 3.3 2.8 3.3 3.3 Supply, Total 453.6 449.0 428.8 433.2 Feed and Residual 144.6 141.8 139.8 141.6 Food, Seed & Industrial 182.4 185.2 187.8 187.5 Domestic, Total 327.0 327.0 327.6 329.1 Exports 64.5 67.0 58.9 61.1 Use, Total 391.5 393.9 386.6 390.2 Ending Stocks 62.1 55.0 42.2 43.0 Million Acres CORN Area Planted 94.0 90.2 88.0* 89.1* Area Harvested 86.7 82.7 80.7* 81.8* Bushels Yield per Harvested Acre 174.6 176.6 174.0* 174.0* Million Bushels Beginning Stocks 1737 2293 2102 2027 Production 15148 14604 14040 14230 Imports 57 40 50 50 Supply, Total 16942 16937 16192 16307 Feed and Residual 5470 5450 5350 5425 Food,Seed& Industrial 2/ 6885 7060 7165 7105 Ethanol & by-products 3/ 5432 5600 5675 5625 Domestic, Total 12355 12510 12515 12530 Exports 2294 2400 2100 2225 Use, Total 14649 14910 14615 14755 Ending Stocks 2293 2027 1577 1552 Avg.FarmPrice ($/bu) 4/ 3.36 3.30-3.50 3.40-4.40 3.30-4.30 ================================================================================ WASDE - 579 - 13 July 2018 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 6.7 5.6 5.9* 6.0* AreaHarvested(mil.acres) 6.2 5.0 5.1* 5.3* Yield (bushels/acre) 77.9 72.1 67.3* 67.3* Beginning Stocks 37 33 29 34 Production 480 364 343 356 Imports 2 2 0 0 Supply, Total 519 399 372 390 Feed and Residual 133 85 80 80 Food, Seed & Industrial 115 50 50 100 Total Domestic 247 135 130 180 Exports 238 230 215 175 Use, Total 485 365 345 355 Ending Stocks 33 34 27 35 Avg.FarmPrice ($/bu) 2/ 2.79 3.15-3.25 3.20-4.20 3.10-4.10 BARLEY AreaPlanted (mil. acres) 3.1 2.5 2.3* 2.5* AreaHarvested(mil.acres) 2.6 2.0 2.0* 2.0* Yield (bushels/acre) 77.9 72.6 73.5* 75.6* Beginning Stocks 102 106 65 95 Production 200 142 147 155 Imports 10 9 20 20 Supply, Total 312 257 232 269 Feed and Residual 39 0 25 15 Food, Seed & Industrial 162 157 155 155 Total Domestic 201 158 180 170 Exports 4 5 5 5 Use, Total 205 163 185 175 Ending Stocks 106 95 47 94 Avg.FarmPrice ($/bu) 2/ 4.96 4.47 4.00-5.20 4.00-5.20 OATS AreaPlanted (mil. acres) 2.8 2.6 2.7* 2.9* AreaHarvested(mil.acres) 1.0 0.8 1.0* 1.0* Yield (bushels/acre) 66.0 61.7 66.0* 65.8* Beginning Stocks 57 50 24 41 Production 65 49 66 66 Imports 90 89 95 95 Supply, Total 212 189 185 202 Feed and Residual 82 68 75 80 Food, Seed & Industrial 76 78 79 79 Total Domestic 158 146 154 159 Exports 3 2 2 2 Use, Total 161 148 156 161 Ending Stocks 50 41 29 41 Avg.FarmPrice ($/bu) 2/ 2.06 2.58 2.60-3.20 2.50-3.10 ================================================================================ WASDE - 579 - 14 July 2018 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Acres TOTAL RICE Area Planted 3.15 2.46 2.69* 2.84* Area Harvested 3.10 2.37 2.67* 2.80* Pounds Yield per Harvested Acre 7237 7507 7610* 7599* Million Hundredweight Beginning Stocks 2/ 46.5 46.0 37.3 32.3 Production 224.1 178.2 203.2 213.0 Imports 23.5 27.0 27.0 27.0 Supply, Total 294.1 251.3 267.5 272.3 Domestic & Residual 3/ 133.2 129.0 123.0 128.0 Exports, Total 4/ 114.8 90.0 103.0 102.0 Rough 40.4 30.0 34.0 34.0 Milled (rough equiv.) 74.4 60.0 69.0 68.0 Use, Total 248.0 219.0 226.0 230.0 Ending Stocks 46.0 32.3 41.5 42.3 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 10.40 12.60 11.90-12.90 11.60-12.60 LONG GRAIN RICE Harvested Acres (mil.) 2.40 1.75 Yield (pounds/acre) 6927 7314 Beginning Stocks 22.7 31.0 21.4 20.4 Production 166.5 127.9 150.2 156.5 Supply, Total 7/ 209.4 182.4 195.1 200.4 Domestic & Residual 3/ 101.8 95.0 96.0 99.0 Exports 8/ 76.6 67.0 72.0 72.0 Use, Total 178.4 162.0 168.0 171.0 Ending Stocks 31.0 20.4 27.1 29.4 Avg.FarmPrice($/cwt) 6/ 9.61 11.70 11.00-12.00 10.70-11.70 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.69 0.63 Yield (pounds/acre) 8311 8048 Beginning Stocks 20.9 11.5 12.4 8.4 Production 57.7 50.4 53.0 56.5 Supply, Total 7/ 81.1 65.4 68.9 68.4 Domestic & Residual 3/ 31.4 34.0 27.0 29.0 Exports 8/ 38.2 23.0 31.0 30.0 Use, Total 69.6 57.0 58.0 59.0 Ending Stocks 11.5 8.4 10.9 9.4 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 13.10 15.10 14.70-15.70 14.50-15.50 California 10/ 14.10 16.70 16.50-17.50 16.00-17.00 Other States 1/ 10.10 12.00 11.20-12.20 11.00-12.00 ================================================================================ WASDE - 579 - 15 July 2018 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Acres SOYBEANS Area Planted 83.4 90.1 89.0* 89.6** Area Harvested 82.7 89.5 88.2* 88.9** Bushels Yield per Harvested Acre 52.0 49.1 48.5* 48.5** Million Bushels Beginning Stocks 197 302 505 465 Production 4296 4392 4280 4310 Imports 22 22 25 25 Supply, Total 4515 4715 4810 4800 Crushings 1901 2030 2000 2045 Exports 2166 2085 2290 2040 Seed 105 104 103 103 Residual 41 32 32 32 Use, Total 4214 4251 4425 4220 Ending Stocks 302 465 385 580 Avg.FarmPrice ($/bu) 2/ 9.47 9.35 8.75-11.25 8.00-10.50 Million Pounds SOYBEAN OIL Beginning Stocks 1687 1711 2176 2316 Production 4/ 22123 23440 23100 23620 Imports 319 315 300 300 Supply, Total 24129 25466 25576 26236 Domestic Disappearance 19862 20700 21300 21800 Biodiesel 3/ 6200 6900 7300 7800 Food, Feed & other Industrial 13662 13800 14000 14000 Exports 2556 2450 2100 2200 Use, Total 22418 23150 23400 24000 Ending stocks 1711 2316 2176 2236 Avg. Price (c/lb) 2/ 32.48 30.25 29.50-33.50 28.00-32.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 264 401 300 400 Production 4/ 44787 48299 47450 48450 Imports 350 500 350 350 Supply, Total 45400 49200 48100 49200 Domestic Disappearance 33420 35300 35400 35700 Exports 11580 13500 12400 13100 Use, Total 45000 48800 47800 48800 Ending Stocks 401 400 300 400 Avg. Price ($/s.t.) 2/ 316.88 350.00 330.00-370.00 315.00-355.00 ================================================================================ WASDE - 579 - 16 July 2018 U.S. Sugar Supply and Use 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 2054 1876 1876 2011 Production 2/ 8969 9293 8961 8776 Beet Sugar 5103 5276 5036 5036 Cane Sugar 3866 4017 3925 3740 Florida 2055 1983 2085 2000 Hawaii 43 0 0 0 Louisiana 1628 1859 1680 1590 Texas 140 175 160 150 Imports 3244 3402 3365 3560 TRQ 3/ 1611 1788 1355 1539 Other Program 4/ 419 300 350 350 Other 5/ 1213 1314 1660 1670 Mexico 1201 1269 1645 1655 Total Supply 14267 14571 14203 14347 Exports 95 170 85 85 Deliveries 12258 12390 12655 12555 Food 6/ 12102 12235 12500 12400 Other 7/ 156 155 155 155 Miscellaneous 38 0 0 0 Total Use 12391 12560 12740 12640 Ending Stocks 1876 2011 1463 1707 Stocks to Use Ratio 15.1 16.0 11.5 13.5 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Imports 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Actual Weight Sugar 2017/18 Est. Jun 1002 5970 190 4727 1192 1243 Jul 1002 6009 190 4727 1228 1247 2018/19 Proj. Jun 1243 6025 115 4952 1418 1014 Jul 1247 6025 115 4952 1427 1008 ================================================================================ WASDE - 579 - 17 July 2018 U.S. Cotton Supply and Use 1/ ================================================================================ 2016/17 2017/18 Est. 2018/19 Proj. 2018/19 Proj. Item Jun Jul ================================================================================ Million Acres Planted 10.07 12.61 13.47* 13.52** Harvested 9.51 11.10 11.13* 10.51** Pounds Yield per Harvested Acre 867 905 841* 845** Million 480 Pound Bales Beginning Stocks 3.80 2.75 4.20 4.00 Production 17.17 20.92 19.50 18.50 Imports 0.01 0.01 0.01 0.01 Supply, Total 20.98 23.68 23.71 22.51 Domestic Use 3.25 3.35 3.40 3.40 Exports, Total 14.92 16.20 15.50 15.00 Use, Total 18.17 19.55 18.90 18.40 Unaccounted 2/ 0.06 0.13 0.11 0.11 Ending Stocks 2.75 4.00 4.70 4.00 Avg. Farm Price 3/ 68.0 68.0 60.00-80.00 68.00-82.00 ================================================================================ WASDE - 579 - 18 July 2018 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2016/17 World 3/ 244.28 751.99 179.10 146.90 738.94 183.16 257.34 United States 26.55 62.83 3.21 4.37 31.86 28.60 32.13 Total Foreign 217.73 689.16 175.89 142.53 707.08 154.56 225.20 Major Exporters 4/ 25.41 227.73 5.95 65.82 151.35 83.95 23.78 Argentina 0.82 18.40 0.00 0.05 5.15 13.83 0.25 Australia 3.85 31.82 0.14 4.00 7.45 22.64 5.72 Canada 5.18 32.14 0.50 5.77 10.75 20.16 6.91 European Union 5/ 15.56 145.37 5.30 56.00 128.00 27.32 10.91 Major Importers 6/ 142.30 199.07 96.35 36.17 277.35 5.48 154.89 Brazil 1.00 6.73 7.35 0.80 12.20 0.62 2.26 China 97.04 128.85 4.41 16.50 118.50 0.75 111.05 Sel. Mideast 7/ 16.68 19.14 18.11 4.44 37.75 0.53 15.65 N. Africa 8/ 16.63 14.08 28.30 2.35 44.55 0.57 13.89 Pakistan 3.82 25.63 0.00 0.80 24.50 0.60 4.35 Southeast Asia 9/ 5.19 0.00 26.91 9.89 25.47 1.02 5.61 Selected Other India 14.54 87.00 5.90 4.70 97.12 0.52 9.80 FSU-12 16.79 130.09 7.34 27.62 78.65 54.42 21.15 Russia 5.61 72.53 0.50 17.00 40.00 27.81 10.83 Kazakhstan 2.60 14.99 0.08 2.10 6.90 7.40 3.36 Ukraine 3.35 26.79 0.04 3.60 10.30 18.11 1.77 2017/18 Est. World 3/ 257.34 757.92 180.98 144.63 741.75 181.86 273.50 United States 32.13 47.37 4.28 1.36 29.32 24.52 29.95 Total Foreign 225.20 710.55 176.69 143.27 712.44 157.33 243.55 Major Exporters 4/ 23.78 220.88 6.26 65.65 152.23 73.10 25.59 Argentina 0.25 18.00 0.01 0.05 5.55 12.00 0.70 Australia 5.72 21.30 0.15 3.80 7.28 15.00 4.90 Canada 6.91 30.00 0.50 3.80 9.00 22.80 5.61 European Union 5/ 10.91 151.58 5.60 58.00 130.40 23.30 14.39 Major Importers 6/ 154.89 202.68 94.28 32.47 278.02 6.35 167.49 Brazil 2.26 4.26 7.00 0.50 12.00 0.25 1.27 China 111.05 129.77 4.00 13.50 117.00 1.00 126.82 Sel. Mideast 7/ 15.65 18.33 18.33 5.13 38.85 0.79 12.67 N. Africa 8/ 13.89 19.25 27.25 2.25 45.18 0.81 14.40 Pakistan 4.35 26.67 0.01 1.00 25.00 1.20 4.83 Southeast Asia 9/ 5.61 0.00 26.40 9.04 25.69 1.03 5.29 Selected Other India 9.80 98.51 1.17 5.00 95.83 0.44 13.20 FSU-12 21.15 142.22 8.10 32.31 83.96 68.13 19.38 Russia 10.83 84.99 0.40 21.50 45.00 41.00 10.22 Kazakhstan 3.36 14.80 0.06 2.10 6.90 8.50 2.83 Ukraine 1.77 26.98 0.05 3.40 9.90 17.50 1.40 ================================================================================ WASDE - 579 - 19 July 2018 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 ================================================================================ 2018/19 Proj. World 3/ Jun 272.37 744.69 183.68 142.67 750.90 187.32 266.16 Jul 273.50 736.26 182.69 142.33 748.87 185.45 260.88 United States Jun 29.40 49.74 3.67 3.27 31.22 25.86 25.74 Jul 29.95 51.21 3.67 3.54 31.49 26.54 26.80 Total Foreign Jun 242.97 694.95 180.00 139.40 719.68 161.47 240.42 Jul 243.55 685.05 179.01 138.80 717.39 158.92 234.08 Major Exporters 4/ Jun 23.83 225.40 6.16 64.60 150.90 83.70 20.79 Jul 25.59 219.00 6.16 63.20 149.90 82.20 18.65 Argentina Jun 0.25 19.50 0.01 0.10 5.30 14.20 0.26 Jul 0.70 19.50 0.01 0.10 5.70 14.20 0.31 Australia Jun 5.10 24.00 0.15 4.00 7.50 17.00 4.75 Jul 4.90 22.00 0.15 4.60 8.10 16.00 2.95 Canada Jun 5.41 32.50 0.50 4.50 9.60 23.50 5.31 Jul 5.61 32.50 0.50 4.00 9.10 24.50 5.01 European Union 5/ Jun 13.07 149.40 5.50 56.00 128.50 29.00 10.47 Jul 14.39 145.00 5.50 54.50 127.00 27.50 10.39 Major Importers 6/ Jun 167.68 203.02 95.82 34.22 284.01 6.48 176.03 Jul 167.49 202.02 95.77 35.62 285.04 6.43 173.81 Brazil Jun 1.32 4.90 7.50 0.60 12.20 0.30 1.22 Jul 1.27 4.90 7.50 0.60 12.20 0.30 1.17 China Jun 126.82 129.00 4.00 15.00 120.00 1.20 138.62 Jul 126.82 128.00 4.50 17.00 122.00 1.20 136.12 Sel. Mideast 7/ Jun 12.54 18.86 18.74 4.78 39.20 1.14 9.80 Jul 12.67 18.86 18.59 4.83 39.12 1.14 9.86 N. Africa 8/ Jun 14.16 21.10 26.28 2.25 45.78 0.69 15.08 Jul 14.40 21.10 26.28 2.25 45.88 0.69 15.22 Pakistan Jun 4.83 25.50 0.01 1.20 25.30 1.00 4.04 Jul 4.83 25.50 0.01 1.20 25.30 1.00 4.04 Southeast Asia 9/ Jun 5.85 0.00 27.90 9.44 27.24 1.09 5.42 Jul 5.29 0.00 27.50 8.79 26.24 1.04 5.51 India Jun 13.20 97.00 0.50 5.00 98.00 0.40 12.30 Jul 13.20 97.00 0.50 5.00 98.00 0.40 12.30 FSU-12 Jun 20.20 123.74 8.71 27.61 78.39 61.03 13.23 Jul 19.38 121.24 8.88 27.51 77.89 60.03 11.58 Russia Jun 10.72 68.50 0.50 17.00 39.50 35.00 5.22 Jul 10.22 67.00 0.60 17.00 39.00 34.00 4.82 Kazakhstan Jun 2.83 14.00 0.06 1.90 6.70 8.00 2.19 Jul 2.83 14.00 0.06 1.90 6.70 8.50 1.69 Ukraine Jun 1.70 26.50 0.03 3.40 9.60 17.00 1.63 Jul 1.40 25.50 0.03 3.20 9.40 16.50 1.03 ================================================================================ WASDE - 579 - 20 July 2018 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 ================================================================================ 2016/17 World 3/ 248.11 1369.83 172.93 800.58 1355.94 198.46 262.01 United States 48.11 402.61 3.43 144.75 327.53 64.46 62.17 Total Foreign 200.00 967.22 169.50 655.83 1028.41 134.00 199.84 Major Exporters 4/ 18.09 212.15 2.65 90.19 121.56 77.85 33.47 Argentina 3.28 48.57 0.01 10.77 16.04 29.11 6.71 Australia 1.50 17.27 0.00 4.22 6.09 10.00 2.68 Brazil 7.01 101.58 1.55 53.45 64.03 31.61 14.49 Canada 4.97 26.62 0.94 14.22 22.08 4.85 5.60 Major Importers 5/ 45.04 241.06 120.76 275.39 357.99 11.05 37.82 European Union 6/ 15.57 152.82 15.61 119.87 160.84 8.09 15.07 Japan 1.76 0.17 17.00 13.25 17.25 0.00 1.68 Mexico 5.89 33.26 15.24 27.95 46.85 1.54 6.01 N. Afr & Mideast 7/ 10.51 24.90 34.13 54.79 62.59 0.16 6.80 Saudi Arabia 4.40 0.25 11.53 13.22 13.62 0.00 2.56 Southeast Asia 8/ 4.31 29.40 13.66 34.96 42.93 1.27 3.17 South Korea 1.95 0.20 9.32 7.25 9.62 0.00 1.85 Selected Other China 112.09 226.87 16.06 173.90 252.95 0.11 101.95 FSU-12 6.25 92.74 0.77 41.04 56.36 36.58 6.81 Russia 1.67 40.77 0.28 22.48 32.08 8.56 2.08 Ukraine 3.17 39.22 0.04 9.06 12.53 26.90 3.00 2017/18 Est. World 3/ 262.01 1315.17 184.39 813.12 1356.18 190.11 221.01 United States 62.17 384.26 3.03 141.96 327.46 66.96 55.04 Total Foreign 199.84 930.92 181.36 671.16 1028.72 123.15 165.96 Major Exporters 4/ 33.47 178.99 2.79 91.34 123.32 68.61 23.32 Argentina 6.71 40.33 0.01 9.89 15.32 27.11 4.62 Australia 2.68 11.91 0.00 3.29 5.16 7.77 1.66 Brazil 14.49 86.29 1.05 56.01 66.46 26.02 9.36 Canada 5.60 26.21 1.58 15.69 23.45 5.41 4.53 Major Importers 5/ 37.82 245.33 130.54 282.85 366.57 10.91 36.22 European Union 6/ 15.07 153.17 17.26 120.40 162.02 8.51 14.97 Japan 1.68 0.19 16.97 13.22 17.21 0.00 1.63 Mexico 6.01 32.51 16.58 29.44 48.45 1.30 5.35 N. Afr & Mideast 7/ 6.80 29.41 38.73 59.35 67.35 0.16 7.44 Saudi Arabia 2.56 0.36 12.30 12.84 13.40 0.00 1.82 Southeast Asia 8/ 3.17 29.43 14.53 35.85 43.68 0.95 2.51 South Korea 1.85 0.20 9.98 7.61 10.12 0.00 1.92 Selected Other China 101.95 223.39 17.50 179.52 262.38 0.08 80.38 FSU-12 6.81 88.80 0.64 38.73 53.82 36.35 6.08 Russia 2.08 41.71 0.11 22.27 31.82 10.27 1.82 Ukraine 3.00 34.07 0.03 6.89 10.20 24.21 2.69 ================================================================================ WASDE - 579 - 21 July 2018 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 ================================================================================ 2018/19 Proj. World 3/ Jun 221.07 1336.84 190.31 826.56 1376.34 195.72 181.57 Jul 221.01 1336.91 188.98 827.99 1378.12 195.87 179.79 United States Jun 55.94 369.80 3.55 139.98 328.11 58.95 42.23 Jul 55.04 375.09 3.55 141.70 329.58 61.11 43.00 Total Foreign Jun 165.14 967.04 186.76 686.59 1048.23 136.77 139.34 Jul 165.96 961.82 185.43 686.29 1048.55 134.76 136.80 Major Exporters 4/ Jun 22.41 203.50 2.00 93.88 126.88 77.36 23.67 Jul 23.32 202.24 2.00 93.43 126.43 77.20 23.93 Argentina Jun 4.61 48.85 0.01 10.90 16.55 30.31 6.61 Jul 4.62 48.85 0.01 10.90 16.55 30.31 6.62 Australia Jun 1.36 13.76 0.00 2.99 4.84 9.03 1.25 Jul 1.66 12.35 0.00 2.74 4.59 8.27 1.16 Brazil Jun 8.86 98.96 1.25 57.54 68.99 31.02 9.06 Jul 9.36 98.96 1.25 57.54 68.99 31.02 9.56 Canada Jun 4.53 27.38 0.61 15.78 23.24 4.80 4.48 Jul 4.53 27.53 0.61 15.58 23.04 5.40 4.23 Major Importers 5/ Jun 36.59 246.39 132.70 289.20 373.82 11.07 30.80 Jul 36.22 246.81 134.21 291.82 375.83 11.22 30.19 European Union 6/ Jun 15.62 154.24 16.56 121.80 164.07 8.61 13.74 Jul 14.97 154.66 16.56 122.70 164.37 8.76 13.06 Japan Jun 1.63 0.19 16.77 13.12 17.11 0.00 1.47 Jul 1.63 0.19 16.87 13.42 17.41 0.00 1.27 Mexico Jun 5.35 31.89 17.31 30.52 49.74 1.50 3.31 Jul 5.35 31.89 18.31 31.62 50.84 1.50 3.21 N. Afr & Mideast 7/ Jun 7.28 30.07 38.91 61.30 69.26 0.20 6.80 Jul 7.44 30.07 38.61 60.90 68.86 0.20 7.06 Saudi Arabia Jun 1.82 0.34 13.01 13.55 14.08 0.00 1.10 Jul 1.82 0.34 13.21 13.75 14.28 0.00 1.10 Southeast Asia 8/ Jun 2.49 29.39 16.21 37.23 45.16 0.77 2.17 Jul 2.51 29.39 16.16 37.18 45.11 0.77 2.18 South Korea Jun 1.82 0.20 9.84 7.55 10.05 0.00 1.80 Jul 1.92 0.20 10.39 8.11 10.62 0.00 1.89 China Jun 80.38 232.81 19.70 185.15 271.23 0.07 61.59 Jul 80.38 232.81 16.90 184.35 270.43 0.07 59.59 FSU-12 Jun 6.08 92.57 0.73 37.97 52.86 40.60 5.91 Jul 6.08 88.07 0.70 36.50 50.99 38.50 5.36 Russia Jun 1.82 40.93 0.16 20.68 30.13 11.06 1.72 Jul 1.82 36.43 0.16 19.18 28.23 8.86 1.32 Ukraine Jun 2.69 38.25 0.04 7.28 10.49 27.71 2.77 Jul 2.69 38.25 0.04 7.28 10.49 27.71 2.77 ================================================================================ WASDE - 579 - 22 July 2018 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2016/17 World 3/ 210.01 1078.45 135.69 633.32 1060.80 159.86 227.66 United States 44.12 384.78 1.45 138.95 313.83 58.27 58.25 Total Foreign 165.88 693.67 134.24 494.37 746.97 101.59 169.41 Major Exporters 4/ 9.32 157.05 0.87 65.96 84.36 59.88 23.00 Argentina 1.46 41.00 0.01 7.50 11.20 25.99 5.28 Brazil 6.77 98.50 0.85 51.00 60.50 31.60 14.02 South Africa 1.10 17.55 0.00 7.46 12.66 2.29 3.70 Major Importers 5/ 22.39 124.80 80.40 147.96 201.01 5.00 21.58 Egypt 2.22 6.00 8.77 12.70 15.10 0.01 1.89 European Union 6/ 6.71 61.74 15.02 55.00 74.00 2.19 7.29 Japan 1.35 0.00 15.17 11.60 15.20 0.00 1.32 Mexico 5.21 27.58 14.57 22.50 40.40 1.54 5.42 Southeast Asia 7/ 4.30 29.35 13.48 34.90 42.70 1.26 3.16 South Korea 1.94 0.08 9.23 7.21 9.41 0.00 1.83 Selected Other 0.00 Canada 2.45 13.89 0.85 7.50 13.10 1.52 2.57 China 110.77 219.55 2.46 162.00 232.00 0.08 100.71 FSU-12 2.60 47.79 0.35 17.67 20.51 27.15 3.08 Ukraine 1.39 27.97 0.03 5.10 6.50 21.33 1.55 2017/18 Est. World 3/ 227.66 1033.74 146.33 649.38 1069.67 150.50 191.73 United States 58.25 370.96 1.02 138.44 317.77 60.96 51.50 Total Foreign 169.41 662.78 145.32 510.94 751.90 89.53 140.23 Major Exporters 4/ 23.00 130.30 0.51 66.90 86.10 52.30 15.41 Argentina 5.28 33.00 0.01 7.00 10.80 24.00 3.49 Brazil 14.02 83.50 0.50 53.50 63.00 26.00 9.02 South Africa 3.70 13.80 0.01 6.40 12.30 2.30 2.90 Major Importers 5/ 21.58 124.94 85.60 153.60 207.45 4.26 20.42 Egypt 1.89 6.40 9.40 13.40 15.90 0.01 1.78 European Union 6/ 7.29 62.22 16.50 57.00 76.50 2.00 7.50 Japan 1.32 0.00 15.20 11.60 15.20 0.00 1.32 Mexico 5.42 26.80 16.20 24.30 42.30 1.30 4.82 Southeast Asia 7/ 3.16 29.38 14.40 35.70 43.50 0.95 2.50 South Korea 1.83 0.08 9.80 7.50 9.80 0.00 1.91 Selected Other 0.00 Canada 2.57 14.10 1.50 8.60 14.20 1.40 2.57 China 100.71 215.89 4.00 167.00 241.00 0.05 79.55 FSU-12 3.08 42.07 0.40 15.24 18.04 24.76 2.75 Ukraine 1.55 24.12 0.03 3.50 4.80 19.50 1.39 ================================================================================ WASDE - 579 - 23 July 2018 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 ================================================================================ 2018/19 Proj. World 3/ Jun 192.69 1052.42 151.61 663.10 1090.42 156.02 154.69 Jul 191.73 1054.30 151.22 666.66 1094.08 157.79 151.96 United States Jun 53.40 356.63 1.27 135.90 317.90 53.34 40.07 Jul 51.50 361.46 1.27 137.80 318.28 56.52 39.43 Total Foreign Jun 139.29 695.79 150.34 527.21 772.52 102.68 114.62 Jul 140.23 692.85 149.95 528.86 775.80 101.27 112.52 Major Exporters 4/ Jun 14.80 151.00 0.71 69.60 90.10 60.20 16.21 Jul 15.41 151.00 0.71 69.60 90.10 60.20 16.81 Argentina Jun 3.48 41.00 0.01 8.00 12.00 27.00 5.49 Jul 3.49 41.00 0.01 8.00 12.00 27.00 5.49 Brazil Jun 8.52 96.00 0.70 55.00 65.50 31.00 8.72 Jul 9.02 96.00 0.70 55.00 65.50 31.00 9.22 South Africa Jun 2.80 14.00 0.00 6.60 12.60 2.20 2.00 Jul 2.90 14.00 0.00 6.60 12.60 2.20 2.10 Major Importers 5/ Jun 20.93 122.89 87.10 156.20 210.85 3.77 16.30 Jul 20.42 123.39 86.60 157.40 211.55 3.77 15.10 Egypt Jun 1.78 6.40 9.70 13.60 16.10 0.01 1.77 Jul 1.78 6.40 9.70 13.60 16.10 0.01 1.77 European Union 6/ Jun 8.13 61.00 16.00 57.50 77.50 1.50 6.13 Jul 7.50 61.50 16.00 58.50 78.00 1.50 5.50 Japan Jun 1.32 0.00 15.00 11.50 15.10 0.00 1.22 Jul 1.32 0.00 14.50 11.20 14.80 0.00 1.02 Mexico Jun 4.82 26.00 16.70 25.00 43.20 1.50 2.82 Jul 4.82 26.00 16.20 25.00 43.20 1.50 2.32 Southeast Asia 7/ Jun 2.48 29.34 16.00 37.00 44.90 0.76 2.16 Jul 2.50 29.34 16.00 37.00 44.90 0.76 2.17 South Korea Jun 1.81 0.08 9.70 7.50 9.80 0.00 1.78 Jul 1.91 0.08 10.20 8.00 10.30 0.00 1.88 Canada Jun 2.37 15.30 0.50 8.80 14.20 1.55 2.42 Jul 2.57 14.80 0.50 8.50 13.90 1.55 2.42 China Jun 79.55 225.00 5.00 172.00 249.00 0.05 60.50 Jul 79.55 225.00 5.00 174.00 251.00 0.05 58.50 FSU-12 Jun 2.75 49.50 0.41 17.07 19.86 29.85 2.95 Jul 2.75 46.50 0.39 15.84 18.54 28.35 2.75 Ukraine Jun 1.39 30.00 0.03 4.50 5.80 24.00 1.61 Jul 1.39 30.00 0.03 4.50 5.80 24.00 1.61 ================================================================================ WASDE - 579 - 24 July 2018 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 ================================================================================ 2016/17 World 3/ 132.79 486.71 41.32 482.74 47.21 136.77 United States 1.48 7.12 0.75 4.23 3.65 1.46 Total Foreign 131.32 479.60 40.58 478.51 43.57 135.31 Major Exporters 4/ 29.48 163.15 0.76 132.88 33.39 27.12 India 18.40 109.70 0.00 95.78 11.77 20.55 Pakistan 1.12 6.85 0.01 3.10 3.52 1.37 Thailand 8.40 19.20 0.25 12.00 11.62 4.24 Vietnam 1.56 27.40 0.50 22.00 6.49 0.97 Major Importers 5/ 10.01 65.90 11.90 77.61 1.18 9.03 Brazil 0.31 8.38 0.61 8.00 0.83 0.48 European Union 6/ 1.18 2.08 1.84 3.60 0.32 1.18 Indonesia 3.51 36.86 0.35 37.80 0.00 2.92 Nigeria 1.53 3.78 2.50 6.55 0.00 1.26 Philippines 2.11 11.69 1.10 12.90 0.00 2.00 Sel. Mideast 7/ 0.86 1.78 3.87 5.63 0.00 0.88 Selected Other 0.00 Burma 1.24 12.65 0.01 10.00 3.35 0.55 C. Amer & Carib 8/ 0.50 1.67 1.81 3.37 0.04 0.57 China 78.50 144.95 5.30 141.45 0.81 86.50 Egypt 0.92 4.80 0.10 4.30 0.10 1.43 Japan 2.55 7.78 0.71 8.50 0.05 2.49 Mexico 0.13 0.18 0.87 0.92 0.09 0.17 South Korea 1.83 4.20 0.41 4.65 0.00 1.78 2017/18 Est. World 3/ 136.77 488.60 48.18 481.51 48.32 143.86 United States 1.46 5.66 0.86 4.10 2.86 1.03 Total Foreign 135.31 482.95 47.32 477.42 45.47 142.84 Major Exporters 4/ 27.12 166.81 0.65 133.82 34.50 26.27 India 20.55 110.00 0.00 97.35 12.80 20.40 Pakistan 1.37 7.50 0.00 3.20 4.20 1.47 Thailand 4.24 20.37 0.25 11.17 10.50 3.19 Vietnam 0.97 28.94 0.40 22.10 7.00 1.21 Major Importers 5/ 9.03 66.50 14.00 78.45 1.08 9.99 Brazil 0.48 8.08 0.70 8.05 0.75 0.45 European Union 6/ 1.18 2.04 1.90 3.65 0.30 1.17 Indonesia 2.92 37.00 2.00 38.00 0.00 3.91 Nigeria 1.26 3.78 2.60 6.70 0.00 0.94 Philippines 2.00 12.30 1.30 13.10 0.00 2.50 Sel. Mideast 7/ 0.88 1.93 3.65 5.70 0.00 0.76 Selected Other 0.00 Burma 0.55 13.20 0.01 9.90 3.50 0.36 C. Amer & Carib 8/ 0.57 1.67 1.76 3.35 0.04 0.61 China 86.50 145.99 5.50 142.70 1.30 93.99 Egypt 1.43 4.30 0.05 4.40 0.05 1.33 Japan 2.49 7.59 0.69 8.45 0.05 2.26 Mexico 0.17 0.18 0.85 0.92 0.10 0.19 South Korea 1.78 3.97 0.41 4.88 0.06 1.23 ================================================================================ WASDE - 579 - 25 July 2018 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 ================================================================================ 2018/19 Proj. World 3/ Jun 143.89 487.35 46.60 488.06 49.35 143.18 Jul 143.86 487.80 46.44 487.91 49.21 143.75 United States Jun 1.18 6.45 0.86 3.91 3.27 1.32 Jul 1.03 6.76 0.86 4.06 3.24 1.34 Total Foreign Jun 142.70 480.90 45.74 484.15 46.08 141.87 Jul 142.84 481.04 45.59 483.84 45.97 142.41 Major Exporters 4/ Jun 26.00 166.28 0.65 134.10 34.80 24.03 Jul 26.27 166.67 0.65 133.90 34.70 24.98 India Jun 20.20 109.00 0.00 98.20 13.00 18.00 Jul 20.40 109.00 0.00 98.00 12.50 18.90 Pakistan Jun 1.47 7.40 0.00 3.50 4.00 1.37 Jul 1.47 7.40 0.00 3.30 4.20 1.37 Thailand Jun 3.19 21.20 0.25 10.20 11.00 3.44 Jul 3.19 21.20 0.25 10.20 11.00 3.44 Vietnam Jun 1.15 28.68 0.40 22.20 6.80 1.22 Jul 1.21 29.07 0.40 22.40 7.00 1.28 Major Importers 5/ Jun 9.99 66.73 13.80 79.37 1.03 10.11 Jul 9.99 66.73 13.80 79.37 1.03 10.11 Brazil Jun 0.45 8.02 0.70 8.10 0.70 0.37 Jul 0.45 8.02 0.70 8.10 0.70 0.37 European Union 6/ Jun 1.17 2.00 2.00 3.70 0.30 1.17 Jul 1.17 2.00 2.00 3.70 0.30 1.17 Indonesia Jun 3.91 37.30 1.20 38.20 0.00 4.21 Jul 3.91 37.30 1.20 38.20 0.00 4.21 Nigeria Jun 0.94 3.78 3.00 6.90 0.00 0.82 Jul 0.94 3.78 3.00 6.90 0.00 0.82 Philippines Jun 2.50 12.35 1.10 13.40 0.00 2.55 Jul 2.50 12.35 1.10 13.40 0.00 2.55 Sel. Mideast 7/ Jun 0.76 1.82 3.85 5.73 0.00 0.70 Jul 0.76 1.82 3.85 5.73 0.00 0.70 Burma Jun 0.36 13.40 0.01 9.90 3.50 0.37 Jul 0.36 13.40 0.01 9.90 3.50 0.37 C. Amer & Carib 8/ Jun 0.61 1.72 1.94 3.59 0.03 0.65 Jul 0.61 1.72 1.92 3.57 0.03 0.65 China Jun 93.99 142.20 5.50 144.00 1.70 95.99 Jul 93.99 142.20 5.50 144.00 1.70 95.99 Egypt Jun 1.33 3.30 0.40 4.40 0.02 0.61 Jul 1.33 3.30 0.40 4.40 0.02 0.61 Japan Jun 2.26 7.60 0.69 8.40 0.05 2.10 Jul 2.26 7.60 0.69 8.40 0.05 2.10 Mexico Jun 0.19 0.18 0.88 0.94 0.09 0.22 Jul 0.19 0.18 0.88 0.94 0.09 0.22 South Korea Jun 1.23 3.85 0.41 4.50 0.01 0.98 Jul 1.23 3.73 0.41 4.48 0.05 0.84 ================================================================================ WASDE - 579 - 26 July 2018 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2016/17 World 93.48 106.63 37.66 115.81 37.40 0.21 84.34 United States 3.80 17.17 0.01 3.25 14.92 0.06 2.75 Total Foreign 89.68 89.46 37.65 112.56 22.48 0.15 81.59 Major Exporters 4/ 22.71 50.69 3.63 31.96 19.27 0.01 25.79 Central Asia 5/ 2.37 5.99 3/ 2.87 3.09 0.00 2.40 Afr. Fr. Zone 6/ 1.38 5.09 3/ 0.14 4.33 0.01 2.00 S. Hemis 7/ 8.77 12.25 0.37 4.29 7.05 -0.02 10.06 Australia 1.88 4.05 3/ 0.04 3.73 -0.03 2.19 Brazil 5.71 7.02 0.19 3.20 2.79 0.00 6.93 India 9.94 27.00 2.74 24.00 4.55 0.00 11.13 Major Importers 8/ 65.26 35.86 31.88 76.67 2.04 0.14 54.15 Mexico 0.61 0.77 1.00 1.75 0.15 0.03 0.45 China 56.70 22.75 5.03 38.50 0.06 0.00 45.92 European Union 9/ 0.25 1.31 0.70 0.72 1.33 0.05 0.17 Turkey 1.53 3.20 3.68 6.50 0.33 0.00 1.58 Pakistan 2.62 7.70 2.40 10.30 0.13 0.03 2.27 Indonesia 0.53 0.01 3.39 3.30 0.01 0.00 0.62 Thailand 0.20 3/ 1.23 1.20 0.00 0.03 0.20 Bangladesh 1.52 0.13 6.80 6.80 0.00 0.01 1.63 Vietnam 0.78 3/ 5.50 5.40 0.00 0.00 0.88 2017/18 Est. World 84.34 123.69 40.15 122.23 40.69 0.30 84.96 United States 2.75 20.92 0.01 3.35 16.20 0.13 4.00 Total Foreign 81.59 102.77 40.14 118.88 24.49 0.17 80.96 Major Exporters 4/ 25.79 56.85 2.41 32.82 21.02 0.02 31.20 Central Asia 5/ 2.40 6.60 3/ 3.39 2.79 0.00 2.83 Afr. Fr. Zone 6/ 2.00 5.22 3/ 0.14 4.44 0.00 2.65 S. Hemis 7/ 10.06 15.57 0.21 4.46 8.52 0.01 12.85 Australia 2.19 4.90 3/ 0.04 4.00 0.00 3.06 Brazil 6.93 9.20 0.05 3.40 4.15 0.00 8.63 India 11.13 29.00 1.70 24.20 5.00 0.00 12.63 Major Importers 8/ 54.15 42.94 35.29 82.05 2.35 0.15 47.83 Mexico 0.45 1.56 1.00 1.90 0.33 0.03 0.75 China 45.92 27.50 5.40 41.00 0.13 0.00 37.69 European Union 9/ 0.17 1.54 0.72 0.74 1.38 0.06 0.25 Turkey 1.58 4.00 4.10 7.30 0.35 0.00 2.03 Pakistan 2.27 8.20 3.20 10.60 0.16 0.03 2.88 Indonesia 0.62 3/ 3.40 3.40 0.01 0.00 0.62 Thailand 0.20 3/ 1.05 1.05 0.00 0.03 0.18 Bangladesh 1.63 0.14 7.60 7.50 0.00 0.01 1.86 Vietnam 0.88 3/ 6.90 6.60 0.00 0.00 1.19 ================================================================================ WASDE - 579 - 27 July 2018 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2018/19 Proj. World Jun 88.21 120.40 41.06 125.35 41.07 0.22 83.02 Jul 84.96 120.11 41.23 126.95 41.24 0.27 77.84 United States Jun 4.20 19.50 0.01 3.40 15.50 0.11 4.70 Jul 4.00 18.50 0.01 3.40 15.00 0.11 4.00 Total Foreign Jun 84.01 100.90 41.05 121.95 25.57 0.11 78.32 Jul 80.96 101.61 41.23 123.55 26.24 0.16 73.84 Major Exporters 4/ Jun 30.70 55.28 2.17 34.27 21.71 0.02 32.15 Jul 31.20 55.85 2.17 34.42 22.28 0.02 32.50 Central Asia 5/ Jun 2.73 6.50 3/ 3.72 2.58 0.00 2.94 Jul 2.83 6.47 3/ 3.72 2.58 0.00 3.01 Afr. Fr. Zone 6/ Jun 2.65 5.28 3/ 0.14 4.74 0.00 3.05 Jul 2.65 5.28 3/ 0.14 4.76 0.00 3.02 S. Hemis 7/ Jun 12.60 14.46 0.22 4.54 9.85 0.01 12.89 Jul 12.85 14.86 0.22 4.69 10.35 0.01 12.89 Australia Jun 3.16 3.80 3/ 0.04 4.40 0.00 2.52 Jul 3.06 3.70 3/ 0.04 4.40 0.00 2.32 Brazil Jun 8.28 9.00 0.08 3.45 4.90 0.00 9.00 Jul 8.63 9.50 0.08 3.60 5.40 0.00 9.20 India Jun 12.48 28.50 1.50 25.20 4.25 0.00 13.03 Jul 12.63 28.70 1.50 25.20 4.30 0.00 13.33 Major Importers 8/ Jun 51.38 42.60 36.42 83.65 2.64 0.09 44.02 Jul 47.83 42.75 36.60 85.10 2.72 0.14 39.22 Mexico Jun 0.80 1.60 0.93 1.85 0.55 0.03 0.90 Jul 0.75 1.75 0.93 1.90 0.55 0.03 0.95 China Jun 41.17 26.50 7.00 41.50 0.05 0.00 33.12 Jul 37.69 26.50 7.00 42.50 0.15 0.00 28.54 European Union 9/ Jun 0.38 1.56 0.71 0.74 1.48 0.00 0.42 Jul 0.25 1.56 0.71 0.74 1.46 0.05 0.27 Turkey Jun 2.03 4.30 3.60 7.40 0.35 0.00 2.18 Jul 2.03 4.30 3.60 7.40 0.35 0.00 2.18 Pakistan Jun 2.78 8.50 2.20 10.50 0.20 0.03 2.76 Jul 2.88 8.50 2.30 10.70 0.20 0.03 2.76 Indonesia Jun 0.62 3/ 3.50 3.50 0.01 0.00 0.62 Jul 0.62 3/ 3.50 3.50 0.01 0.00 0.62 Thailand Jun 0.18 3/ 1.08 1.05 0.00 0.03 0.18 Jul 0.18 3/ 1.08 1.05 0.00 0.03 0.18 Bangladesh Jun 1.86 0.14 7.90 7.80 0.00 0.01 2.08 Jul 1.86 0.14 8.00 8.00 0.00 0.01 1.98 Vietnam Jun 1.19 3/ 7.70 7.50 0.00 0.00 1.39 Jul 1.19 3/ 7.70 7.50 0.00 0.00 1.39 ================================================================================ WASDE - 579 - 28 July 2018 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2016/17 World 2/ 80.45 348.12 144.32 287.35 328.87 147.35 96.67 United States 5.35 116.92 0.61 51.74 55.71 58.96 8.21 Total Foreign 75.09 231.20 143.72 235.60 273.16 88.39 88.46 Major Exporters 3/ 52.29 183.14 1.94 87.54 95.54 79.51 62.33 Argentina 33.65 55.00 1.67 43.30 47.83 7.03 35.47 Brazil 18.56 114.60 0.25 40.41 43.81 63.14 26.46 Paraguay 0.03 10.20 0.01 3.75 3.81 6.13 0.30 Major Importers 4/ 19.76 16.79 122.61 113.10 135.87 0.39 22.91 China 16.91 12.90 93.50 88.00 102.80 0.11 20.39 European Union 1.56 2.41 13.42 14.40 16.04 0.22 1.13 Japan 0.26 0.24 3.18 2.39 3.46 0.00 0.22 Mexico 0.15 0.52 4.13 4.60 4.64 0.00 0.16 2017/18 Est. World 2/ 96.67 336.70 154.28 296.29 339.39 152.24 96.02 United States 8.21 119.52 0.60 55.25 58.94 56.74 12.64 Total Foreign 88.46 217.19 153.68 241.05 280.45 95.49 83.38 Major Exporters 3/ 62.33 168.20 3.99 85.93 94.18 85.65 54.68 Argentina 35.47 37.00 3.75 39.15 43.77 3.10 29.35 Brazil 26.46 119.50 0.23 43.00 46.54 74.65 25.00 Paraguay 0.30 10.00 0.01 3.70 3.78 6.25 0.28 Major Importers 4/ 22.91 18.24 127.70 118.39 142.64 0.48 25.73 China 20.39 14.20 97.00 92.00 108.00 0.15 23.44 European Union 1.13 2.67 14.10 14.90 16.55 0.28 1.07 Japan 0.22 0.25 3.25 2.35 3.51 0.00 0.21 Mexico 0.16 0.43 4.60 5.00 5.04 0.00 0.16 2018/19 Proj. World 2/ Jun 92.49 355.24 159.37 313.47 357.70 162.37 87.02 Jul 96.02 359.49 154.36 309.31 354.29 157.32 98.27 United States Jun 13.75 116.48 0.68 54.43 58.11 62.32 10.48 Jul 12.64 117.30 0.68 55.66 59.33 55.52 15.77 Total Foreign Jun 78.74 238.76 158.69 259.04 299.59 100.05 76.55 Jul 83.38 242.19 153.68 253.65 294.96 101.80 82.49 Major Exporters 3/ Jun 52.98 186.80 2.09 91.23 99.84 89.77 52.26 Jul 54.68 190.30 2.69 89.73 98.35 91.82 57.50 Argentina Jun 28.15 56.00 1.85 44.00 48.94 8.00 29.06 Jul 29.35 57.00 2.25 43.00 47.95 8.00 32.65 Brazil Jun 24.50 118.00 0.23 43.20 46.78 72.95 23.00 Jul 25.00 120.50 0.43 42.70 46.28 75.00 24.65 Paraguay Jun 0.28 9.80 0.01 3.95 4.03 5.90 0.15 Jul 0.28 9.80 0.01 3.95 4.03 5.90 0.15 Major Importers 4/ Jun 22.86 18.27 134.29 128.51 153.39 0.50 21.52 Jul 25.73 18.67 127.76 124.16 149.75 0.50 21.90 China Jun 20.64 14.10 103.00 102.00 118.40 0.15 19.19 Jul 23.44 14.50 95.00 96.50 113.60 0.15 19.19 European Union Jun 1.07 2.75 14.20 14.90 16.55 0.30 1.17 Jul 1.07 2.75 15.30 15.80 17.45 0.30 1.37 Japan Jun 0.21 0.26 3.25 2.30 3.47 0.00 0.26 Jul 0.21 0.26 3.30 2.35 3.52 0.00 0.26 Mexico Jun 0.09 0.49 4.65 5.05 5.09 0.00 0.14 Jul 0.16 0.49 4.75 5.20 5.24 0.00 0.16 ================================================================================ WASDE - 579 - 29 July 2018 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2016/17 World 2/ 13.22 225.90 60.53 222.03 64.48 13.14 United States 0.24 40.63 0.32 30.32 10.51 0.36 Total Foreign 12.98 185.27 60.21 191.71 53.97 12.77 Major Exporters 3/ 7.07 72.14 0.05 24.65 47.09 7.51 Argentina 4.23 33.28 0.00 2.85 31.32 3.34 Brazil 2.71 31.66 0.04 16.94 13.76 3.70 India 0.13 7.20 0.01 4.86 2.01 0.48 Major Importers 4/ 2.11 16.08 36.60 52.48 0.53 1.77 European Union 0.83 11.38 18.92 30.34 0.33 0.46 Southeast Asia 5/ 1.18 2.90 16.06 18.72 0.20 1.22 2017/18 Est. World 2/ 13.14 233.26 60.44 230.78 64.18 11.87 United States 0.36 43.82 0.45 32.02 12.25 0.36 Total Foreign 12.77 189.44 59.98 198.76 51.93 11.51 Major Exporters 3/ 7.51 69.58 0.05 25.53 44.75 6.86 Argentina 3.34 30.10 0.00 3.00 27.65 2.79 Brazil 3.70 33.40 0.03 17.48 15.70 3.95 India 0.48 6.08 0.02 5.05 1.40 0.12 Major Importers 4/ 1.77 16.76 36.48 52.93 0.59 1.50 European Union 0.46 11.77 18.50 30.04 0.38 0.31 Southeast Asia 5/ 1.22 3.22 16.33 19.42 0.21 1.13 2018/19 Proj. World 2/ Jun 11.89 246.54 62.53 243.42 65.82 11.72 Jul 11.87 243.31 62.22 240.32 65.15 11.93 United States Jun 0.27 43.05 0.32 32.11 11.25 0.27 Jul 0.36 43.95 0.32 32.39 11.88 0.36 Total Foreign Jun 11.61 203.50 62.22 211.31 54.57 11.45 Jul 11.51 199.36 61.90 207.94 53.27 11.57 Major Exporters 3/ Jun 6.99 74.49 0.04 27.25 47.40 6.87 Jul 6.86 73.35 0.04 26.98 46.20 7.07 Argentina Jun 2.79 33.66 0.00 3.20 30.50 2.75 Jul 2.79 33.05 0.00 3.20 29.80 2.84 Brazil Jun 4.05 33.55 0.03 18.15 15.50 3.98 Jul 3.95 33.10 0.03 18.15 15.00 3.93 India Jun 0.15 7.28 0.01 5.90 1.40 0.14 Jul 0.12 7.20 0.01 5.63 1.40 0.31 Major Importers 4/ Jun 1.55 16.81 36.98 53.35 0.50 1.49 Jul 1.50 17.59 36.77 53.98 0.50 1.38 European Union Jun 0.37 11.77 18.50 29.94 0.30 0.39 Jul 0.31 12.48 18.30 30.54 0.30 0.25 Southeast Asia 5/ Jun 1.12 3.30 16.83 20.02 0.20 1.03 Jul 1.13 3.34 16.82 20.02 0.20 1.07 ================================================================================ WASDE - 579 - 30 July 2018 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2016/17 World 2/ 3.58 53.79 10.84 53.42 11.25 3.53 United States 0.77 10.04 0.15 9.01 1.16 0.78 Total Foreign 2.81 43.75 10.70 44.41 10.10 2.75 Major Exporters 3/ 0.62 18.98 0.35 11.80 7.46 0.69 Argentina 0.26 8.40 0.00 2.99 5.39 0.28 Brazil 0.20 7.85 0.06 6.61 1.24 0.26 European Union 0.16 2.74 0.29 2.21 0.83 0.15 Major Importers 4/ 1.16 17.89 5.81 23.58 0.21 1.08 China 0.52 15.77 0.71 16.35 0.12 0.54 India 0.48 1.62 3.53 5.20 0.00 0.43 North Africa 5/ 0.16 0.50 1.56 2.03 0.09 0.11 2017/18 Est. World 2/ 3.53 55.26 10.05 54.71 10.69 3.44 United States 0.78 10.63 0.14 9.39 1.11 1.05 Total Foreign 2.75 44.63 9.90 45.32 9.58 2.39 Major Exporters 3/ 0.69 18.68 0.31 12.13 6.88 0.67 Argentina 0.28 7.60 0.00 3.01 4.68 0.20 Brazil 0.26 8.25 0.06 6.90 1.43 0.25 European Union 0.15 2.83 0.25 2.23 0.78 0.23 Major Importers 4/ 1.08 18.51 5.36 23.90 0.23 0.82 China 0.54 16.49 0.45 16.85 0.15 0.47 India 0.43 1.37 3.30 4.85 0.00 0.25 North Africa 5/ 0.11 0.65 1.61 2.20 0.08 0.10 2018/19 Proj. World 2/ Jun 3.37 58.38 10.68 57.57 11.19 3.67 Jul 3.44 57.68 10.87 57.15 11.33 3.51 United States Jun 0.99 10.48 0.14 9.66 0.95 0.99 Jul 1.05 10.71 0.14 9.89 1.00 1.01 Total Foreign Jun 2.38 47.90 10.55 47.91 10.23 2.69 Jul 2.39 46.97 10.73 47.26 10.33 2.50 Major Exporters 3/ Jun 0.65 19.63 0.31 12.39 7.45 0.75 Jul 0.67 19.56 0.26 12.32 7.54 0.64 Argentina Jun 0.20 8.51 0.00 3.17 5.33 0.22 Jul 0.20 8.36 0.00 3.04 5.33 0.20 Brazil Jun 0.20 8.29 0.06 6.98 1.33 0.24 Jul 0.25 8.20 0.06 7.02 1.28 0.21 European Union Jun 0.25 2.83 0.25 2.25 0.80 0.29 Jul 0.23 3.00 0.20 2.26 0.94 0.24 Major Importers 4/ Jun 0.92 20.60 5.71 25.87 0.24 1.12 Jul 0.82 19.62 6.01 25.25 0.24 0.96 China Jun 0.54 18.28 0.35 18.45 0.15 0.57 Jul 0.47 17.29 0.70 17.83 0.15 0.49 India Jun 0.25 1.64 3.65 5.10 0.01 0.43 Jul 0.25 1.62 3.60 5.10 0.01 0.36 North Africa 5/ Jun 0.13 0.69 1.71 2.32 0.09 0.12 Jul 0.10 0.71 1.71 2.32 0.09 0.12 ================================================================================ WASDE - 579 - 31 July 2018 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 2017 III 6736 6240 13029 10551 1479 12167 25197 2204 53.5 IV 6742 6796 13595 10472 1533 12139 25734 2235 53.1 Annual 26187 25584 51991 41662 5981 48178 100169 8808 215.5 2018 I 6465 6645 13167 10385 1452 11962 25129 2186 54.4 II 6730 6335 13122 10640 1475 12250 25372 2218 55.8 III* 6920 6535 13508 10770 1480 12390 25898 2262 53.9 IV* 7035 7230 14321 10700 1535 12370 26691 2305 53.8 JunProj. 27125 26715 54058 42450 5937 48922 102980 8931 218.0 JulProj. 27150 26745 54118 42495 5942 48972 103090 8971 217.9 2019 I* 6515 6815 13384 10625 1475 12227 25611 2240 55.0 II* 6965 6655 13675 10835 1465 12441 26116 2265 56.6 JunProj. 27715 27610 55542 43300 5970 49816 105358 9110 221.1 JulProj. 27690 27700 55607 43360 5970 49876 105483 9130 220.6 ================================================================================ 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 2017 III 112.46 55.59 94.9 96.9 102.1 17.73 IV 117.88 44.89 86.1 88.0 147.0 17.83 Annual 121.52 50.48 93.5 96.1 100.9 17.65 2018 I 125.60 49.12 95.7 79.4 179.6 15.67 II 116.72 47.91 115.1 79.6 124.4 16.20-16.30 III* 107-111 47-49 103-107 78-82 127-133 15.35-15.75 IV* 108-116 35-37 94-100 87-93 130-140 16.55-17.25 JunProj. 114-118 44-45 100-104 81-84 135-140 16.60-17.00 JulProj. 114-117 45-46 102-105 81-84 140-144 15.95-16.25 2019 I* 116-126 39-43 96-104 77-83 115-125 16.35-17.35 II* 118-128 42-46 105-113 82-88 110-120 15.95-16.95 JunProj. 113-122 42-45 97-105 84-91 120-130 16.70-17.70 JulProj. 113-122 40-44 97-105 84-91 119-129 16.25-17.25 ================================================================================ WASDE - 579 - 32 July 2018 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 2017 757 26250 2993 30000 2860 649 26492 56.9 2018 Proj. Jun 649 27188 3052 30888 3050 680 27158 57.9 Jul 649 27213 3052 30913 3070 680 27163 57.9 2019 Proj. Jun 680 27778 3140 31598 3150 690 27758 58.8 Jul 680 27753 3140 31573 3165 690 27718 58.7 Pork 2017 507 25598 1116 27221 5632 554 21035 50.1 2018 Proj. Jun 554 26729 1144 28427 5991 575 21861 51.7 Jul 554 26759 1144 28457 5991 575 21891 51.8 2019 Proj. Jun 575 27624 1165 29364 6165 585 22614 53.1 Jul 575 27714 1165 29454 6165 585 22704 53.3 TotalRed Meat5/ 2017 1304 52078 4361 57744 8497 1246 48000 108.2 2018 Proj. Jun 1246 54146 4448 59840 9048 1303 49489 110.9 Jul 1246 54206 4455 59907 9068 1310 49529 111.0 2019 Proj. Jun 1303 55630 4561 61494 9323 1323 50848 113.2 Jul 1310 55695 4568 61573 9338 1330 50905 113.4 Broiler 2017 778 41217 126 42120 6791 856 34473 90.8 2018 Proj. Jun 856 41996 133 42985 6938 830 35217 92.2 Jul 856 42040 127 43023 6938 840 35245 92.2 2019 Proj. Jun 830 42837 136 43803 7100 860 35843 93.2 Jul 840 42896 129 43865 7100 860 35905 93.4 Turkey 2017 279 5981 25 6284 622 310 5352 16.4 2018 Proj. Jun 310 5937 26 6273 663 325 5285 16.1 Jul 310 5942 26 6278 663 300 5315 16.2 2019 Proj. Jun 325 5970 28 6323 655 310 5358 16.2 Jul 300 5970 28 6298 655 310 5333 16.1 Total Poultry6/ 2017 1065 47732 154 48951 7544 1170 40236 108.5 2018 Proj. Jun 1170 48467 163 49800 7724 1163 40913 109.5 Jul 1170 48516 157 49843 7701 1144 40998 109.8 2019 Proj. Jun 1163 49352 168 50683 7890 1178 41615 110.7 Jul 1144 49411 161 50716 7890 1177 41649 110.8 RedMeat& Poultry 2017 2369 99810 4515 106694 16041 2416 88237 216.8 2018 Proj. Jun 2416 102612 4611 109640 16772 2466 90402 220.4 Jul 2416 102722 4612 109750 16769 2454 90527 220.7 2019 Proj. Jun 2466 104982 4729 112177 17213 2501 92463 223.9 Jul 2454 105106 4729 112289 17228 2507 92554 224.1 ================================================================================ WASDE - 579 - 33 July 2018 U.S. Egg Supply and Use ================================================================================ 2016 2017 2018Proj. 2018Proj. 2019Proj. 2019Proj. Commodity Jun Jul Jun Jul ================================================================================ Million Dozen Eggs Supply BeginningStocks 73.6 142.2 87.5 87.5 90.0 75.0 Production 8578.7 8807.8 8930.6 8970.6 9110.0 9130.0 Imports 129.5 34.2 28.0 28.0 35.0 35.0 Total Supply 8781.8 8984.1 9046.1 9086.1 9235.0 9240.0 Use Exports 304.2 354.9 335.9 341.9 340.0 340.0 Hatching Use 1009.6 1034.9 1052.0 1067.0 1075.0 1085.0 Ending Stocks 142.2 87.5 90.0 75.0 90.0 80.0 Disappearance Total 7325.8 7506.9 7568.2 7602.2 7730.0 7735.0 Per Capita (number) 271.6 276.3 276.7 277.9 280.8 281.0 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2016 2017 2018Proj. 2018Proj. 2019Proj. 2019Proj. Commodity Jun Jul Jun Jul ================================================================================ Billion Pounds Milk Production 212.4 215.5 218.0 217.9 221.1 220.6 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 12.3 12.7 13.4 13.4 12.6 13.5 Marketings 211.4 214.5 217.1 216.9 220.1 219.6 Imports 6.9 6.0 5.8 5.9 5.6 5.6 Total Cml. Supply 230.7 233.2 236.3 236.2 238.3 238.7 Commercial Exports 8.4 9.2 10.2 10.2 9.8 9.9 Ending Commercial Stocks 12.7 13.4 12.6 13.5 11.8 12.5 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 209.6 210.5 213.5 212.5 216.7 216.3 Beg.CommercialStocks 9.2 9.5 11.8 11.8 10.4 10.5 Marketings 211.4 214.5 217.1 216.9 220.1 219.6 Imports 6.5 6.1 5.6 5.6 5.6 5.6 Total Cml. Supply 227.1 230.1 234.5 234.3 236.1 235.7 Commercial Exports 39.1 40.7 46.2 46.0 45.6 44.9 Ending Commercial Stocks 9.5 11.8 10.4 10.5 10.7 10.8 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 178.5 177.6 177.9 177.8 179.8 180.0 ================================================================================ WASDE - 579 - 34 July 2018 U.S. Dairy Prices ================================================================================ Commod- 2016 2017 2018 Proj. 2018 Proj. 2019 Proj. 2019 Proj. ity Jun Jul Jun Jul ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.6050 1.6344 1.605-1.645 1.540-1.570 1.625-1.725 1.575-1.675 Butter 2.0777 2.3303 2.295-2.365 2.245-2.305 2.210-2.340 2.220-2.350 Nonfat Dry Milk 0.8292 0.8666 0.775-0.815 0.730-0.760 0.755-0.825 0.740-0.810 Dry Whey 0.2875 0.4437 0.295-0.315 0.275-0.295 0.300-0.330 0.280-0.310 Milk Prices 2/ Dollars Per Cwt ClassIII 14.87 16.17 15.05-15.45 14.30-14.60 15.30-16.30 14.70-15.70 Class IV 13.77 15.16 14.30-14.80 13.65-14.05 13.70-14.80 13.65-14.75 All Milk 3/ 16.30 17.65 16.60-17.00 15.95-16.25 16.70-17.70 16.25-17.25 ================================================================================ WASDE - 579 - 35 July 2018 Reliability of July 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 2.9 4.9 14.6 1.0 34.6 23 14 U.S. 3.5 6.0 1.6 0.2 6.2 17 20 Foreign 3.1 5.3 14.3 0.3 34.7 24 13 Exports World 6.0 10.2 6.4 0.2 18.7 25 12 U.S. 11.9 20.2 2.8 0.2 10.0 21 16 Foreign 7.5 12.7 6.3 0.1 21.3 26 11 Domestic Use World 2.0 3.4 9.2 1.6 25.7 23 14 U.S. 7.3 12.3 1.9 0.0 5.0 14 23 Foreign 2.0 3.4 8.9 1.3 26.9 25 12 Ending Stocks World 9.8 16.7 11.9 0.1 35.3 26 11 U.S. 18.7 31.8 3.2 0.2 13.9 22 15 Foreign 10.3 17.4 10.3 1.2 31.7 26 11 COARSE GRAINS 2/ Production World 2.9 4.9 22.3 1.3 68.4 19 18 U.S. 10.3 17.4 16.0 0.6 57.9 18 19 Foreign 2.5 4.2 13.8 1.1 40.5 19 18 Exports World 7.9 13.4 7.8 0.6 23.8 26 11 U.S. 26.6 45.1 8.0 0.2 24.4 15 22 Foreign 14.4 24.4 7.4 1.4 19.7 25 12 Domestic Use World 1.8 3.0 14.2 0.0 46.0 20 17 U.S. 4.6 7.7 7.0 0.0 22.2 24 13 Foreign 1.9 3.3 11.2 1.0 37.9 21 16 Ending Stocks World 17.4 29.6 18.6 1.6 60.2 23 14 U.S. 39.9 67.7 12.9 0.5 50.5 15 22 Foreign 14.4 24.4 11.6 0.2 43.6 26 11 RICE, milled Production World 2.4 4.1 6.9 0.4 24.0 23 14 U.S. 5.1 8.6 0.2 0.0 0.7 18 17 Foreign 2.4 4.1 6.9 0.5 24.3 23 14 Exports World 9.1 15.5 1.7 0.0 6.7 27 10 U.S. 10.7 18.1 0.2 0.0 1.0 17 16 Foreign 10.0 16.9 1.6 0.0 6.5 27 10 Domestic Use World 2.0 3.4 4.7 0.2 22.9 23 14 U.S. 8.4 14.2 0.2 0.0 0.5 13 23 Foreign 2.1 3.5 4.8 0.2 22.9 23 14 Ending Stocks World 13.7 23.3 6.0 0.1 21.4 28 9 U.S. 28.4 48.2 0.3 0.0 1.0 23 13 Foreign 15.1 25.6 6.0 0.2 21.2 29 8 ================================================================================ WASDE - 579 - 36 July 2018 Reliability of July 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 5.2 8.8 7.6 0.5 26.9 17 20 U.S. 7.1 12.0 3.6 0.2 11.7 19 18 Foreign 7.6 12.9 6.8 1.0 25.8 20 17 Exports World 7.8 13.2 3.4 0.0 10.7 24 13 U.S. 12.8 21.7 2.7 0.1 6.8 21 16 Foreign 20.0 34.0 2.7 0.0 10.5 21 16 Domestic Use World 3.9 6.5 5.3 0.5 16.1 22 15 U.S. 5.3 9.0 1.7 0.0 4.9 23 14 Foreign 4.2 7.1 4.5 0.1 11.2 22 15 Ending Stocks World 15.6 26.5 4.5 0.0 26.1 21 16 U.S. 54.1 91.8 2.6 0.0 8.2 12 25 Foreign 19.4 32.9 4.5 0.0 21.8 23 14 COTTON Production World 5.8 9.9 4.0 0.0 14.9 23 14 U.S. 9.9 16.8 1.4 0.1 5.3 21 16 Foreign 6.0 10.1 3.2 0.0 12.1 21 15 Exports World 10.4 17.7 2.4 0.1 11.6 21 16 U.S. 27.6 46.9 1.3 0.1 3.6 23 14 Foreign 13.7 23.3 1.9 0.0 9.8 17 20 Domestic Use World 4.2 7.2 3.0 0.0 15.4 18 19 U.S. 9.2 15.7 0.5 0.0 1.4 18 18 Foreign 4.3 7.3 2.9 0.1 14.6 17 20 Ending Stocks World 16.3 27.7 5.9 0.2 16.3 24 13 U.S. 40.1 68.1 1.5 0.1 4.9 15 22 Foreign 16.0 27.1 5.0 0.5 16.1 26 11 ================================================================================ WASDE - 579 - 37 July 2018 Reliability of United States July 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 11.2 19.1 577 12 2190 21 16 Exports 27.6 46.9 286 0 900 15 20 Domestic Use 5.0 8.4 273 0 770 24 12 Ending Stocks 48.9 82.9 464 11 1840 16 21 SORGHUM Production 18.3 31.1 70 3 213 20 17 Exports 37.0 62.9 44 0 170 18 18 Domestic Use 27.9 47.4 51 3 139 15 22 Ending Stocks 66.8 113.3 47 0 174 13 23 BARLEY Production 7.9 13.4 21 0 87 13 23 Exports 65.9 111.8 14 0 92 22 14 Domestic Use 10.2 17.3 25 0 87 15 21 Ending Stocks 22.5 38.3 27 0 114 15 21 OATS Production 12.5 21.2 20 0 144 6 30 Exports 98.4 166.9 1 0 8 10 12 Domestic Use 6.4 10.9 16 0 67 11 22 Ending Stocks 23.8 40.4 14 0 68 15 21 Thousand Short Tons SOYBEAN MEAL Production 5.3 9.0 1279 118 4432 26 11 Exports 15.4 26.2 893 50 2450 21 16 Domestic Use 5.7 9.7 966 76 4470 18 19 Ending Stocks 40.7 69.1 50 0 413 10 16 Million Pounds SOYBEAN OIL Production 5.0 8.6 620 60 2130 26 11 Exports 34.5 58.5 417 0 1575 21 15 Domestic Use 4.3 7.2 456 0 2300 21 15 Ending Stocks 40.1 68.1 480 15 1568 19 18 ANIMAL PROD. 3/ Million Pounds Beef 4.0 6.9 766 60 2677 17 7 Pork 3.0 5.1 433 20 1372 13 11 Broilers 2.2 3.8 655 175 1338 10 14 Turkeys 3.9 6.7 166 2 468 10 14 Million Dozen Eggs 1.6 2.7 95 4 266 17 7 Billion Pounds Milk 1.5 2.6 1.9 0.0 7.0 13 7 ================================================================================