ISSN: 1554-9089 WASDE - 483 June 10, 2010 New WASDE Report Formats Available For Testing: In addition to the current TXT and PDF versions of the World Agricultural Supply and Demand Estimates (WASDE) report that will continue to be released monthly at 8:30 a.m. EDT, USDA will also post XML and Microsoft Excel file versions of the report by noon at: www.usda.gov/oce/commodity/wasde/newformat.htm. Beginning on July 9, 2010, the WASDE report will be released in all four formats at 8:30 a.m. on the OCE Website. On October 8, 2010, USDA will discontinue issuing the TXT file version. For more information, contact Brenda Chapin at 202-720-5447 (bchapin@oce.usda.gov). NOTE: Because spring planting is still underway in the Northern Hemisphere and remains several months away in the Southern Hemisphere, these projections are highly tentative. National Agricultural Statistics Service (NASS) forecasts are used for U.S. winter wheat area, yield, and production. For other U.S. crops, the March 31 NASS Prospective Plantings report is used for planted acreage. Methods used to project harvested acreage and yield are noted on each table. WHEAT: U.S. wheat supplies for 2010/11 are increased slightly this month as higher production is mostly offset by lower carryin. Winter wheat production is forecast 24 million bushels higher mostly on higher Hard Red Winter wheat. Winter wheat yields were raised in the central and northern Plains and in the Pacific Northwest. Beginning stocks are projected 20 million bushels lower as strong exports of wheat, flour, and products during the final weeks of the old-crop marketing year boost 2009/10 exports 20 million bushels. Domestic use for 2010/11 is projected 10 million bushels higher as lower prices encourage more wheat feeding. Ending stocks for 2010/11 are projected 6 million bushels lower, but remain up year-to-year and the highest since 1987/88. The season-average farm price for all wheat is projected at $4.00 to $4.80 per bushel, down from $4.10 to $5.10 per bushel last month. Recent declines in futures prices and lower-than-expected protein levels in Hard Red Winter wheat have sharply reduced price prospects for many producers. Global wheat supplies for 2010/11 are projected 4.1 million tons lower this month with reduced carryin and production. Lower beginning stocks mostly reflect reductions for EU-27, the United States, and Brazil as 2009/10 exports are raised for all three. Global production for 2010/11 is lowered 3.7 million tons with reductions for EU-27, Syria, Turkey, and Russia. EU-27 production is lowered 2.1 million tons reflecting crop damage from recent flooding and heavy rains in eastern Europe and April and May dryness in northwest France and the United Kingdom. Production for Syria and Turkey are lowered 1.3 and 1.0 million tons, respectively, as widespread outbreaks of yellow rust have sharply reduced yield prospects in key growing areas of both countries. Russia production is lowered 0.5 million tons as reports of higher-than-expected winter kill, particularly in the Volga Valley, reduce potential harvested area. Production is raised 0.5 million tons for Ukraine as recent rains have improved yield prospects. Global wheat trade for 2010/11 is raised with world imports up 2.0 million tons. Import increases include Syria, Turkey, Afghanistan, and Bangladesh. Exports are raised for Kazakhstan, Australia, Ukraine, and India. World wheat consumption is nearly unchanged as a 1.0-million-ton increase in China wheat feeding is offset by the same size reduction for EU-27. Wheat consumption is also lowered for Iraq and Brazil, but raised for Afghanistan. Global ending stocks are projected 4.2 million tons lower at 193.9 million tons. Global ending stocks for 2010/11 are expected to be up 1.0 million tons from beginning stocks. COARSE GRAINS: Projected U.S. feed grain production for 2010/11 is unchanged, but smaller carryin for corn, sorghum, and barley is expected to reduce domestic feed grain supplies. Corn food, seed, and industrial (FSI) use is projected 110 million bushels higher for 2010/11, mostly in line with higher projected corn use for ethanol, sweeteners, and starch for 2009/10. Higher use, combined with lower beginning stocks, drops projected 2010/11 corn ending stocks 245 million bushels to 1,573 million. The season- average farm price for corn is projected 10 cents higher on both ends of the range to $3.30 to $3.90 per bushel. Projected 2010/11 farm prices for the other feed grains are also raised. U.S. corn use for 2009/10 is projected 135 million bushels higher as increased FSI use more than offsets a reduction in expected feed and residual use. Corn use for ethanol is raised 150 million bushels reflecting the continued record pace of ethanol production and usage through March based on the latest data from the Energy Information Administration (EIA). Higher ethanol production is also supported by record production of gasoline blends with ethanol as indicated by weekly data from EIA through May and forecasts for rising gasoline demand during the summer driving season. Corn use is raised 5 million bushels each for starch and glucose/dextrose as the gradual economic recovery spurs production of these products. Feed and residual use is lowered 25 million bushels with increased availability of distillers’ grains. U.S. corn ending stocks for 2009/10 are projected 135 million bushels lower. At 1,603 million bushels, this year’s ending stocks would be down 70 million from 2008/09. The projected 2009/10 farm price for corn is lowered 5 cents on both ends of the range to $3.45 to $3.65 per bushel based on prices reported to date. Other 2009/10 feed grain changes include a 10-million-bushel increase in projected sorghum exports, a 3-million-bushel reduction in barley imports, and a 3-million-bushel increase in oats imports. The 2009/10 sorghum farm price is lowered in line with that for corn. Global coarse grain supplies for 2010/11 are projected 5.3 million tons lower with the largest share of the decline resulting from lower expected corn carryin in the United States. Global coarse grain production for 2010/11 is lowered 1.4 million tons as higher corn production is more than offset by reductions in barley, oats, rye, and mixed grains mostly reflecting reduced crop prospects in EU-27. Flooding in eastern Europe and dryness during April and May in France have reduced expected coarse grains yields in these regions. Global corn production is raised 0.7 million tons as a 1.5-million-ton increase for Ukraine, based on higher reported area, is only partly offset by reductions for Mexico and EU-27. Production is lowered 0.5 million tons for Mexico as dryness has persisted in eastern and central growing areas during May. EU-27 corn production is lowered 0.3 million tons as heavy May rains have delayed field work, reducing expected area and yields in eastern Europe. Major global corn production changes for 2009/10 this month include a 1.5-million-ton increase for Argentina, which is nearly offset by reductions for the Philippines and Brazil. Argentina production is raised on higher reported area. The Philippines production is lowered 0.8 million tons based on government reports that indicate lower harvested area and yields. Production for Brazil is lowered 0.5 million tons as the early end to central Brazil’s rainy season reduces second season corn yields. Global corn trade is raised for both 2009/10 and 2010/11. Higher corn trade for 2009/10 reflects increased imports by China and Vietnam and higher exports by Argentina. Higher corn trade for 2010/11 is based on higher expected imports by Mexico, Vietnam, and the Philippines. Exports for 2010/11 are raised for Argentina and Ukraine. Global corn consumption is raised 4 million tons for 2010/11 mostly reflecting higher use in the United States. Corn feeding is also raised for Ukraine and Vietnam. With reduced carryin and increased consumption, global corn ending stocks are projected down 6.9 million tons. At 147.3 million tons, stocks are up 3.9 million tons from 2009/10, but just below those for 2008/09. RICE: U.S. rice supplies in 2010/11 are lowered 3.0 million cwt as beginning stocks are reduced 2.0 million and imports lowered by 1.0 million. Two changes in the 2009/10 supply and use forecasts resulted in a change in 2010/11 beginning stocks. First, imports in 2009/10 are lowered by 1.0 million cwt due to a slower-than-expected pace based on U.S. Census Bureau data through March. And second, domestic and residual use for 2009/10 is raised by 1.0 million cwt based largely on weekly millings data through mid-May reported by the USA Rice Federation. Imports for 2010/11 are projected at 21.0 million cwt, down 1.0 million from last month based mostly on the downward adjustment for 2009/10. The U.S. 2010/11 rice production projection is unchanged at a record 244.0 million cwt. Total use for 2010/11 is raised 3.0 million cwt to a record 248.0 million due to increases in both domestic and residual use and exports. Domestic and residual use is raised 1.0 million cwt to a record 139.0 million based in part on the increase made for 2009/10. Projected 2010/11 exports are raised 2.0 million cwt—all in long-grain rice—to 109.0 million. The upward revision is partly based on larger expected exports to Western Hemisphere markets. The rough rice export projection is raised to a record 45.0 million cwt, while combined milled and brown rice (on a rough-equivalent basis) is unchanged at 64.0 million cwt. Ending stocks for 2010/11 are projected at 45.4 million cwt, down 6 million or 12 percent from a month ago, but up 17 million or 60 percent from 2009/10. The 2010/11 long-grain U.S. season-average farm price is projected at $9.75 to $10.75 per cwt, down 25 cents per cwt on each end of the range. The combined medium- and short- grain price is projected at $14.50 to $15.50 per cwt, unchanged from a month ago. The 2010/11 all rice price is projected at $10.95 to $11.95 per cwt, down 20 cents per cwt on each end of the range. Prices for both classes of rice are projected to be well below 2009/10 levels, mainly due to large domestic and global supplies and lower Asian prices. Global 2010/11 rice supply and use is nearly unchanged from a month ago. Global production is projected at a record 459.4 million tons, down 0.3 million, primarily due to a decrease for Colombia. The global trade forecast is nearly unchanged from a month ago. Global consumption is projected at a record 452.8 million tons, down 0.6 million, due mostly to declines in Bangladesh, Colombia, and the Philippines. Ending stocks for 2010/11 are projected at 96.3 million tons, down 0.4 million, but up 6.6 million or about 7 percent from 2009/10. OILSEEDS: This month=s U.S. oilseed supply and use projections for 2010/11 include a small reduction in beginning and ending stocks. Lower beginning stocks reflect higher crush projections for 2009/10. Soybean crush for 2009/10 is raised 5 million bushels to 1.74 billion reflecting an increase in projected soybean meal exports. Soybean meal exports are projected at record 11.5 million short tons, almost 2 million above the previous record set in 1997/98. Lower domestic soybean meal consumption partly offsets the increase in exports. Soybean ending stocks for 2009/10 are projected at 185 million bushels, down 5 million from last month. Ending stocks for 2010/11 are also reduced 5 million bushels to 360 million. Soybean, meal, and oil price projections are unchanged this month. The U.S. season-average soybean price for 2010/11 is projected at $8.00 to $9.50 per bushel. Soybean meal and oil prices for 2010/11 are projected at $230 to $270 per short ton and 34 to 38 cents per pound, respectively. Global oilseed production for 2010/11 is projected at 440.2 million tons, up 0.3 million from last month, mainly due to higher peanut production. China’s peanut production is raised 0.9 million tons to 14.8 million tons based on higher area and yield. EU-27 rapeseed production is reduced 0.5 million tons to 21 million mainly due to lower area resulting from flooding, especially in Poland, in May. Other changes include increased soybean production for Ukraine, and reduced soybean production for China based on lower area. Brazil=s 2009/10 soybean production is increased 1 million tons to a record 69 million reflecting increased harvested area and record yields. SUGAR: Projected U.S. sugar supply for fiscal year 2010/11 is decreased 80,000 short tons, raw value, from last month, due to lower beginning stocks. Sugar use is unchanged. For 2009/10, U.S. sugar imports under the re-export program are increased 50,000 tons while sugar use is increased 130,000 tons, all based on pace-to-date. Exports are increased 50,000 tons and domestic deliveries are increased 80,000 tons (55,000 for domestic use, 25,000 for re-export products). For Mexico, higher 2009/10 production more than offsets lower imports. This increase in supply is offset by higher domestic use. LIVESTOCK, POULTRY, AND DAIRY: Forecast total U.S. meat production for 2010 is reduced slightly. The production forecasts for 2010 largely reflect lower cattle slaughter and lighter cattle carcass weights in the second quarter and lower expected slaughter in the fourth quarter. Hog slaughter is also reduced for the second and third quarters, but slightly heavier carcass weights partially offset the decline in second- quarter slaughter. Changes in the broiler and turkey production forecasts for 2010 reflect slight revisions to the first quarter. Total meat production for 2011 is raised fractionally. There are no changes to the beef and pork forecasts for 2011. The turkey production forecast for 2011 is raised slightly but broiler production is unchanged. Changes in red meat and turkey imports and exports for 2010 reflect first-quarter trade data. Broiler exports for 2010 are raised as sales to a number of markets have been stronger than expected. Trade forecasts for 2011 are unchanged. Cattle and hog price forecasts for 2010 are reduced from last month as demand has slackened. Broiler and turkey price forecasts are raised from last month. The egg price forecast is lowered. Price forecasts for 2011 are unchanged from last month. Forecast milk production for 2010 is raised slightly from last month reflecting a slower decline in cow numbers and stronger expected growth in milk per cow. Milk production for 2011 is unchanged. Exports for 2010 and 2011 are raised on both a fat and skim solids basis. Product exports were higher than expected in the first quarter of 2010, and with generally tight world supplies, U.S. exports are expected to remain strong into 2011. Import forecasts are lowered for 2010 and 2011. Imports are reduced largely because of smaller-than- expected cheese imports in the first-quarter 2010 and expectations that imports will remain weak into 2011 due to relatively low U.S. prices and tight world supplies. The Class III price forecast for 2010 is reduced slightly on a lower whey price forecast as international whey prices are weaker. The Class IV price forecast for 2010 is raised on higher butter and nonfat dry milk (NDM) price forecasts. The all milk price for 2010 is forecast to average $15.75 to $16.15 per cwt. The 2011 forecasts for Class III and IV prices and the all milk price are raised. Improving domestic and export demand is expected to support NDM prices. The cheese price forecast is raised as higher butter/powder values are expected to divert milk from cheese production. Coupled with higher forecast exports and lower imports, tighter supplies are expected to support prices. The all milk price forecast for 2011 is raised to $15.80 to $16.80 per cwt. COTTON: The U.S. cotton projections for 2010/11 show slightly lower beginning and ending stocks compared with last month. Beginning stocks are reduced 200,000 bales due to an increase in the export forecast for 2009/10. Projections of production, domestic mill use, and exports are unchanged. Accordingly, ending stocks are revised down to 2.8 million bales, equal to 17 percent of total use and the smallest stocks level since 1995/96. The forecast range for the marketing-year average price received by producers remains at 60 to 74 cents per pound. World projections for 2010/11 also include lower beginning and ending stocks compared with last month. Beginning stocks are reduced about 550,000 bales as higher stocks forecast for China are more than offset by reductions in Turkey, India, the United States, Pakistan, Brazil, and others. Production is raised for Australia, Sudan, and Mexico, while consumption is raised for Pakistan and Turkey. The resulting global stocks level of 49.6 million bales is 41.5 percent of total use which, if realized, would be the smallest stocks-to- use ratio since 1994/95. The world and U.S. estimates also include revisions for 2009/10 from last month. World beginning stocks are reduced 450,000 bales, mainly in Turkey. World consumption is raised about 500,000 bales, due to adjustments for Pakistan and Turkey, where analysis suggests that ending stocks will be tighter than previously estimated. Imports are raised for China and Turkey, while exports are raised for the United States and India, reflecting activity to date. The forecast for the U.S. average price received by producers of 61.5 to 63.5 cents per pound is lowered one cent on the upper end of the range. Approved by the Secretary of Agriculture and the Chairperson of the World Agricultural Outlook Board, Gerald A. Bange, (202) 720-6030. This report was prepared by the Interagency Commodity Estimates Committees. APPROVED BY: JAMES W. MILLER ACTING SECRETARY OF AGRICULTURE WASDE-483-8 June 2010 World and U.S. Supply and Use for Grains 1/ Million Metric Tons =============================================================================== : : Total : : Total : Ending Commodity : Output : Supply : Trade 2/ : Use : Stocks =============================================================================== : : World Total grains 3/ : 2008/09 : 2,240.79 2,609.43 285.59 2,159.72 449.71 2009/10 (Est.) : 2,224.31 2,674.02 270.53 2,198.65 475.38 2010/11 (Proj.) : May : 2,261.69 2,742.08 273.43 2,245.86 496.22 June : 2,256.33 2,731.70 277.07 2,249.58 482.13 Wheat : 2008/09 : 683.15 807.57 143.42 642.52 165.05 2009/10 (Est.) : 680.04 845.08 128.88 652.18 192.90 2010/11 (Proj.) : May : 672.18 865.55 129.18 667.46 198.09 June : 668.52 861.42 131.36 667.49 193.93 Coarse grains 4/ : 2008/09 : 1,109.68 1,273.41 113.24 1,079.55 193.85 2009/10 (Est.) : 1,103.71 1,297.56 111.98 1,104.70 192.86 2010/11 (Proj.) : May : 1,129.77 1,326.47 112.83 1,124.96 201.50 June : 1,128.36 1,321.22 114.23 1,129.30 191.93 Rice, milled : 2008/09 : 447.96 528.45 28.93 437.64 90.81 2009/10 (Est.) : 440.57 531.38 29.67 441.76 89.62 2010/11 (Proj.) : May : 459.74 550.06 31.42 453.44 96.62 June : 459.44 549.06 31.49 452.79 96.27 : : United States Total grains 3/ : 2008/09 : 400.28 461.70 81.82 314.00 65.89 2009/10 (Est.) : 416.45 488.54 81.40 335.65 71.49 2010/11 (Proj.) : May : 417.48 499.51 82.46 337.66 79.39 June : 418.13 495.81 82.53 340.63 72.66 Wheat : 2008/09 : 68.02 79.80 27.64 34.29 17.87 2009/10 (Est.) : 60.31 81.31 24.09 31.93 25.30 2010/11 (Proj.) : May : 55.61 84.45 24.49 32.82 27.13 June : 56.26 84.56 24.49 33.10 26.97 Coarse grains 4/ : 2008/09 : 325.87 373.98 51.17 275.75 47.06 2009/10 (Est.) : 349.22 398.72 54.01 299.41 45.29 2010/11 (Proj.) : May : 354.25 405.79 54.63 300.51 50.65 June : 354.25 402.08 54.63 303.18 44.27 Rice, milled : 2008/09 : 6.40 7.93 3.01 3.96 0.96 2009/10 (Est.) : 6.92 8.51 3.30 4.32 0.89 2010/11 (Proj.) : May : 7.62 9.28 3.34 4.33 1.61 June : 7.62 9.18 3.41 4.36 1.42 =============================================================================== 1/ Aggregate of local marketing years. 2/ Based on export estimate. See individual commodity tables for treatment of export/import imbalances. 3/ Wheat, coarse grains and milled rice. 4/ Corn, sorghum, barley, oats, rye, millet and mixed grains (for U.S. excludes millet and mixed grains). WASDE-483-9 June 2010 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/ : 2008/09 : 1,840.51 2,147.73 203.77 1,845.72 383.82 2009/10 (Est.) : 1,807.87 2,185.48 189.13 1,862.99 403.89 2010/11 (Proj.) : May : 1,844.21 2,242.57 190.96 1,908.20 416.83 June : 1,838.20 2,235.89 194.54 1,908.94 409.47 Wheat : 2008/09 : 615.14 727.77 115.78 608.23 147.18 2009/10 (Est.) : 619.72 763.77 104.79 620.26 167.60 2010/11 (Proj.) : May : 616.57 781.10 104.68 634.64 170.96 June : 612.26 776.87 106.86 634.39 166.97 Coarse grains 5/ : 2008/09 : 783.81 899.43 62.07 803.81 146.79 2009/10 (Est.) : 754.49 898.84 57.97 805.29 147.56 2010/11 (Proj.) : May : 775.52 920.68 58.20 824.45 150.85 June : 774.12 919.14 59.60 826.12 147.65 Rice, milled : 2008/09 : 441.56 520.52 25.92 433.69 89.85 2009/10 (Est.) : 433.65 522.87 26.37 437.45 88.73 2010/11 (Proj.) : May : 452.12 540.79 28.08 449.11 95.02 June : 451.82 539.88 28.08 448.43 94.85 =============================================================================== 1/ Aggregate of local marketing years. 2/ Based on export estimate. See individual commodity tables for treatment of export/import imbalances. 3/ Total foreign is equal to world minus United States. 4/ Wheat, coarse grains and milled rice. 5/ Corn, sorghum, barley, oats, rye, millet and mixed grains. World and U.S. Supply and Use for Cotton 1/ Million 480-lb. bales =============================================================================== : : Total : : Total : Ending Commodity : Output : Supply : Trade 2/ : Use : Stocks =============================================================================== : : World 2008/09 : 107.48 170.08 30.16 109.94 62.70 2009/10 (Est.) : 102.89 165.59 35.26 116.43 52.21 2010/11 (Proj.) : May : 113.88 166.64 35.72 119.08 50.13 June : 114.32 166.53 36.14 119.49 49.59 : United States 2008/09 : 12.82 22.87 13.28 3.59 6.34 2009/10 (Est.) : 12.19 18.53 12.25 3.40 2.90 2010/11 (Proj.) : May : 16.70 19.80 13.50 3.30 3.00 June : 16.70 19.60 13.50 3.30 2.80 : Foreign 3/ 2008/09 : 94.66 147.22 16.88 106.35 56.36 2009/10 (Est.) : 90.71 147.06 23.01 113.03 49.31 2010/11 (Proj.) : May : 97.18 146.83 22.22 115.78 47.13 June : 97.62 146.93 22.64 116.19 46.79 =============================================================================== 1/ Marketing year beginning August 1. 2/ Based on export estimate. 3/ Total Foreign is equal to world minus United States. See global cotton tables for treatment of export/import imbalances. WASDE-483-10 June 2010 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 : 2008/09 : 397.20 458.84 94.66 338.76 56.53 2009/10 (Est.) : 440.88 497.41 101.91 353.33 76.56 2010/11 (Proj.) : May : 439.96 515.42 104.41 369.55 77.25 June : 440.22 516.78 104.36 369.74 77.52 Oilmeals : 2008/09 : 228.92 236.66 68.57 228.59 6.29 2009/10 (Est.) : 240.49 246.78 71.90 237.34 6.57 2010/11 (Proj.) : May : 251.38 258.26 73.84 248.17 7.63 June : 251.45 258.01 74.29 248.10 7.20 Vegetable Oils : 2008/09 : 133.45 144.50 55.78 130.33 12.48 2009/10 (Est.) : 139.26 151.74 57.39 137.78 12.15 2010/11 (Proj.) : May : 146.64 158.87 60.50 143.60 13.14 June : 146.71 158.85 60.65 144.04 13.11 : : United States Oilseeds : 2008/09 : 89.20 97.41 35.80 49.35 5.62 2009/10 (Est.) : 98.90 105.55 40.51 51.12 6.41 2010/11 (Proj.) : May : 99.09 106.82 37.81 48.71 11.38 June : 99.09 106.64 37.81 48.70 11.25 Oilmeals : 2008/09 : 37.72 39.87 7.96 31.67 0.25 2009/10 (Est.) : 39.60 41.29 10.66 30.29 0.33 2010/11 (Proj.) : May : 37.67 39.92 8.24 31.34 0.33 June : 37.71 39.96 8.33 31.29 0.33 Vegetable Oils : 2008/09 : 9.67 14.37 1.46 11.23 1.68 2009/10 (Est.) : 9.96 14.73 1.81 11.30 1.62 2010/11 (Proj.) : May : 9.65 14.57 1.36 11.59 1.62 June : 9.65 14.54 1.36 11.57 1.61 : : Foreign 3/ Oilseeds : 2008/09 : 308.00 361.43 58.86 289.40 50.91 2009/10 (Est.) : 341.98 391.86 61.40 302.21 70.15 2010/11 (Proj.) : May : 340.86 408.60 66.59 320.83 65.87 June : 341.13 410.14 66.54 321.04 66.27 Oilmeals : 2008/09 : 191.20 196.79 60.61 196.93 6.04 2009/10 (Est.) : 200.89 205.49 61.24 207.05 6.23 2010/11 (Proj.) : May : 213.71 218.34 65.60 216.83 7.29 June : 213.74 218.05 65.96 216.81 6.87 Vegetable Oils : 2008/09 : 123.78 130.14 54.33 119.11 10.80 2009/10 (Est.) : 129.30 137.02 55.58 126.49 10.53 2010/11 (Proj.) : May : 137.00 144.30 59.14 132.01 11.52 June : 137.05 144.31 59.29 132.47 11.50 =============================================================================== 1/ Aggregate of local marketing years with Brazil and Argentina on an Oct.-Sept. year. 2/ Crush only for oilseeds. 3/ Total foreign is equal to world minus United States. WASDE-483-11 June 2010 U.S. Wheat Supply and Use 1/ =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :============================== : : Est. : May June =============================================================================== Area : Million acres Planted : 63.2 59.1 53.8 * 53.8 * Harvested : 55.7 49.9 47.1 * 47.1 * Yield per harvested : Bushels acre : 44.9 44.4 43.4 * 43.9 * : Million bushels Beginning stocks : 306 657 950 930 Production : 2,499 2,216 2,043 2,067 Imports : 127 115 110 110 Supply, total : 2,932 2,988 3,103 3,107 Food : 927 920 940 940 Seed : 75 73 76 76 Feed and residual : 258 180 190 200 Domestic, total : 1,260 1,173 1,206 1,216 Exports : 1,015 885 900 900 Use, total : 2,275 2,058 2,106 2,116 Ending stocks : 657 930 997 991 CCC inventory : 0 0 Free stocks : 657 930 Outstanding loans : 27 51 Avg. farm price ($/bu) 2/ : 6.78 4.85 4.10- 5.10 4.00- 4.80 =============================================================================== U.S. Wheat by Class: Supply and Use =============================================================================== Year beginning : Hard : Hard : Soft : : : June 1 : Winter : Spring : Red : White : Durum : Total =============================================================================== 2009/10 (estimated) : Million bushels Beginning stocks : 254 142 171 64 25 657 Production : 919 548 404 237 109 2,216 Supply, total 3/ : 1,174 728 604 311 171 2,988 Domestic use : 435 268 287 99 84 1,173 Exports : 375 210 110 150 40 885 Use, total : 810 478 397 249 124 2,058 Ending stocks Jun : 365 250 206 62 47 930 May : 380 250 211 62 47 950 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1. 2/ Marketing-year weighted average price received by farmers. 3/ Includes imports. * Planted acres reported in the March 31, 2010, "Prospective Plantings." Harvested acres and yield for other spring wheat and durum are projected using 10-year harvested-to-planted ratios by state and 1985-2008 yield trends by state (except Idaho durum). For May, winter wheat harvested acres and yield reported in the May 11, 2010,"Crop Production." For June, winter wheat harvested acres and yield reported in the June 10, 2010, "Crop Production." ****************************************************************************** * * * * * Wheat-by-class projections for 2010/11 will first be published * * in the July 9, 2010, WASDE. * * * * * ****************************************************************************** WASDE-483-12 June 2010 U.S. Feed Grain and Corn Supply and Use 1/ =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :============================== : : Est. : May June =============================================================================== FEED GRAINS : Area : Million acres Planted : 101.8 100.1 101.8 * 101.8 * Harvested : 91.0 89.6 91.4 * 91.4 * Yield per harvested : Metric tons acre : 3.58 3.90 3.88 3.88 : Million metric tons Beginning stocks : 45.1 47.0 49.0 45.3 Production : 325.7 349.0 354.1 354.1 Imports : 3.0 2.3 2.4 2.4 Supply, total : 373.7 398.4 405.5 401.8 Feed and residual : 141.4 142.3 141.8 141.7 Food, seed & industrial : 134.0 156.8 158.4 161.2 Domestic, total : 275.5 299.1 300.2 302.9 Exports : 51.2 54.0 54.6 54.6 Use, total : 326.6 353.1 354.8 357.5 Ending stocks, total : 47.0 45.3 50.6 44.3 CCC inventory : 0.0 0.0 Free stocks : 47.0 45.3 Outstanding loans : 4.4 4.6 : CORN : Area : Million acres Planted : 86.0 86.5 88.8 * 88.8 * Harvested : 78.6 79.6 81.8 * 81.8 * Yield per harvested : Bushels acre : 153.9 164.7 163.5 * 163.5 * : Million bushels Beginning stocks : 1,624 1,673 1,738 1,603 Production : 12,092 13,110 13,370 13,370 Imports : 14 10 10 10 Supply, total : 13,729 14,793 15,118 14,983 Feed and residual : 5,205 5,350 5,350 5,350 Food, seed & industrial : 4,993 5,890 5,950 6,060 Ethanol for fuel 2/ : 3,677 4,550 4,600 4,700 Domestic, total : 10,198 11,240 11,300 11,410 Exports : 1,858 1,950 2,000 2,000 Use, total : 12,056 13,190 13,300 13,410 Ending stocks, total : 1,673 1,603 1,818 1,573 CCC inventory : 0 0 Free stocks : 1,673 1,603 Outstanding loans : 171 175 Avg. farm price ($/bu) 3/ : 4.06 3.45- 3.65 3.20- 3.80 3.30- 3.90 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for corn and sorghum; June 1 for barley and oats. 2/ For a further breakout of food, seed, & industrial corn use, see the ERS Feed Outlook table 5 or Feed Grains Database at "www.ers.usda.gov/data/feedgrains". 3/ Marketing-year weighted average price received by farmers. * Planted acres reported in the March 31, 2010, "Prospective Plantings." For corn, harvested acres projected based on historical abandonment and derived demand for silage. Projected corn yield based on the simple linear trend of the national average yield for 1990-2009 adjusted for 2010 planting progress. WASDE-483-13 June 2010 U.S. Sorghum, Barley and Oats Supply and Use 1/ =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :============================== : : Est. : May June =============================================================================== : Million bushels SORGHUM : Area planted (mil. acres) : 8.3 6.6 6.4 * 6.4 * Area harv. (mil. acres) : 7.3 5.5 5.4 * 5.4 * Yield (bushels/acre) : 65.0 69.4 65.9 * 65.9 * Beginning stocks : 53 55 43 33 Production : 472 383 355 355 Imports : 0 0 0 0 Supply, total : 525 438 398 388 Feed and residual : 232 135 115 110 Food, seed & industrial : 95 100 100 100 Total domestic : 327 235 215 210 Exports : 143 170 140 140 Use, total : 471 405 355 350 Ending stocks, total : 55 33 43 38 Avg. farm price ($/bu) 2/ : 3.20 3.05- 3.25 2.90- 3.50 3.00- 3.60 : BARLEY : Area planted (mil. acres) : 4.2 3.6 3.3 * 3.3 * Area harv. (mil. acres) : 3.8 3.1 2.8 * 2.8 * Yield (bushels/acre) : 63.6 73.0 66.9 * 66.9 * Beginning stocks : 68 89 116 113 Production : 240 227 190 190 Imports : 29 17 20 20 Supply, total : 337 333 326 323 Feed and residual : 67 50 50 50 Food, seed & industrial : 169 165 165 165 Total domestic : 236 215 215 215 Exports : 13 5 10 10 Use, total : 249 220 225 225 Ending stocks, total : 89 113 101 98 Avg. farm price ($/bu) 2/ : 5.37 4.65 3.30- 3.90 3.35- 3.95 : OATS : Area planted (mil. acres) : 3.2 3.4 3.4 * 3.4 * Area harv. (mil. acres) : 1.4 1.4 1.4 * 1.4 * Yield (bushels/acre) : 63.7 67.5 65.5 * 65.5 * Beginning stocks : 67 84 84 87 Production : 89 93 90 90 Imports : 115 98 100 100 Supply, total : 270 275 274 277 Feed and residual : 108 110 115 115 Food, seed & industrial : 75 75 76 76 Total domestic : 183 185 191 191 Exports : 3 3 3 3 Use, total : 186 188 194 194 Ending stocks, total : 84 87 80 83 Avg. farm price ($/bu) 2/ : 3.15 2.02 1.80- 2.40 1.85- 2.45 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for sorghum, June 1 for barley and oats. 2/ Marketing-year weighted average price received by farmers. * Planted acres reported in the March 31, 2010, "Prospective Plantings." Harvested area - For sorghum, barley, and oats harvested acres are based on the 5-year average harvested-to-planted ratio, 2005-2009. Yield - For sorghum the projected yield is derived from the 2000-2009 average yield, excluding 2002 and 2003, adjusted for rounding in production. For barley and oats the projected yield is derived from the 1960-2008 trend adjusted for rounding in production. WASDE-483-14 June 2010 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :============================== : : Est. : May June =============================================================================== TOTAL : Area : Million acres Planted : 3.00 3.14 3.41 * 3.41 * Harvested : 2.98 3.10 3.39 * 3.39 * Yield per harvested : Pounds acre : 6,846 7,085 7,202 * 7,202 * : : Million hundredweight Beginning stocks 2/ : 29.6 30.6 30.4 28.4 Production : 203.7 219.9 244.0 244.0 Imports : 19.2 20.0 22.0 21.0 Supply, total : 252.6 270.4 296.4 293.4 Domestic & residual 3/ : 126.2 137.0 138.0 139.0 Exports, total 4/ : 95.9 105.0 107.0 109.0 Rough : 31.8 42.0 43.0 45.0 Milled (rough equiv.) : 64.1 63.0 64.0 64.0 Use, total : 222.0 242.0 245.0 248.0 Ending stocks : 30.6 28.4 51.4 45.4 Avg. milling yield (%) 5/ : 69.25 69.36 68.86 68.86 Avg. farm price ($/cwt) 6/ : 16.80 14.05-14.25 11.15-12.15 10.95-11.95 : LONG GRAIN : Harvested acres (mil.) : 2.35 2.27 Yield (pounds/acre) : 6,522 6,743 Beginning stocks : 19.1 20.1 14.8 14.3 Production : 153.3 152.7 177.0 177.0 Supply, total 7/ : 188.2 190.3 210.3 209.3 Domestic & Residual 3/ : 99.2 104.0 106.0 106.0 Exports 8/ : 69.0 72.0 76.0 78.0 Use, total : 168.2 176.0 182.0 184.0 Ending stocks : 20.1 14.3 28.3 25.3 Avg. farm price ($/cwt) 6/ : 14.90 12.85-13.05 10.00-11.00 9.75-10.75 : MEDIUM & SHORT GRAIN : Harvested acres (mil.) : 0.63 0.84 Yield (pounds/acre) : 8,063 8,010 Beginning stocks : 9.1 8.0 13.2 11.7 Production : 50.5 67.1 67.0 67.0 Supply, total 7/ : 61.9 77.7 83.7 81.7 Domestic & Residual 3/ : 27.0 33.0 32.0 33.0 Exports 8/ : 26.9 33.0 31.0 31.0 Use, total : 53.9 66.0 63.0 64.0 Ending stocks : 8.0 11.7 20.7 17.7 Avg. farm price ($/cwt) 6/ : 24.80 17.75-17.95 14.50-15.50 14.50-15.50 =============================================================================== Note: Totals may not add due to rounding. 1/ Marketing year beginning August 1. 2/ Includes the following quantities of broken kernel rice (type undetermined) not included in estimates of beginning stocks by type (in mil. cwt): 2008/09-1.4; 2009/10-2.4; 2010/11-2.4. 3/ Residual includes unreported use, processing losses, and estimating errors. Use by type may not add to total rice use because of the difference in brokens between beginning and ending stocks. 4/ Includes rough rice and milled rice exports. Milled rice exports are converted to an equivalent rough basis. 5/ Expressed as a percent-- the national average milling yield calculated by the Farm Service Agency (FSA) from warehouse stored loan data for long, medium, and short grain rice. The 2010/11 milling yield is calculated using the previous five-year average, which are annually weighted by production of each rice class. 6/ Marketing-year weighted average price received by farmers. 7/ Includes imports. 8/ Exports by type of rice are estimated. * Planted acres reported in March 31, 2010, "Prospective Plantings." Harvested acres are estimated using the average harvested-to-planted ratios by State and rice class, 2005-2009. Projected yield is derived from the trend yields by rice class for the period, 1990-2009. WASDE-483-15 June 2010 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :=============================== : : Est. : May June =============================================================================== SOYBEANS: : Million acres Area : Planted : 75.7 77.5 78.1 * 78.1 * Harvested : 74.7 76.4 77.1 * 77.1 * : : Bushels Yield per harvested : acre : 39.7 44.0 42.9 * 42.9 * : : Million bushels : Beginning stocks : 205 138 190 185 Production : 2,967 3,359 3,310 3,310 Imports : 13 15 10 10 Supply, total : 3,185 3,512 3,510 3,505 Crushings : 1,662 1,740 1,640 1,640 Exports : 1,283 1,455 1,350 1,350 Seed : 90 91 88 88 Residual : 12 42 66 66 Use, total : 3,047 3,328 3,144 3,144 Ending stocks : 138 185 365 360 Avg. farm price ($/bu) 2/ : 9.97 9.50 8.00- 9.50 8.00 - 9.50 : : : Million pounds SOYBEAN OIL: : Beginning stocks : 2,485 2,742 2,837 2,842 Production : 18,746 19,445 3/ 18,695 18,695 Imports : 90 105 115 115 Supply, total : 21,321 22,292 21,647 21,652 Domestic : 16,385 16,200 16,700 16,700 For methyl ester : 1,907 2,200 2,900 2,900 Exports : 2,193 3,250 2,200 2,200 Use, total : 18,578 19,450 18,900 18,900 Ending stocks : 2,742 2,842 2,747 2,752 Average price (c/lb) 2/ : 32.16 36.00 34.00- 34.00- : 38.00 38.00 : : Thousand short tons SOYBEAN MEAL: : Beginning stocks : 294 235 300 300 Production : 39,104 41,225 3/ 39,035 39,035 Imports : 88 140 165 165 Supply, total : 39,486 41,600 39,500 39,500 Domestic : 30,743 29,800 30,400 30,300 Exports : 8,508 11,500 8,800 8,900 Use, total : 39,251 41,300 39,200 39,200 Ending stocks : 235 300 300 300 Average price ($/s.t.) 2/ : 331.17 295.00 230.00- 230.00- : 270.00 270.00 =============================================================================== Note: Reliability calculations at end of report. 1/ Marketing year beginning September 1 for soybeans; October 1 for soybean oil and meal. 2/ Prices: soybeans, marketing year weighted average price received by farmers; for oil, simple average of crude soybean oil, Decatur; for meal, simple average of 48 percent, Decatur. 3/ Based on October year crush estimate of 1,750 million bushels. *Planted acres are reported in the March 31 Prospective Plantings report. Harvested acres based on 5-year average planted to harvested ratios by state. Projected yield based on 1989-2009 regional trend analysis. WASDE-483-16 June 2010 U.S. Sugar Supply and Use 1/ ====================================================================== : : : 2010/11 Projection Item : 2008/09 : 2009/10 :====================== : : Est. : May June ====================================================================== : 1,000 short tons, raw value : Beginning stocks : 1,660 1,499 1,230 1,150 Production 2/ : 7,532 7,847 8,165 8,165 Beet sugar : 4,214 4,500 4,630 4,630 Cane sugar : 3,318 3,347 3,535 3,535 Florida : 1,577 1,630 1,785 1,785 Hawaii : 192 136 135 135 Louisiana : 1,397 1,465 1,465 1,465 Texas : 152 116 150 150 Imports : 3,082 2,569 2,084 2,084 TRQ 3/ : 1,370 1,554 1,224 1,224 Other program 4/ : 308 400 300 300 Other 5/ : 1,404 615 560 560 Mexico : 1,402 540 550 550 Total supply : 12,274 11,915 11,479 11,399 : Exports : 136 200 150 150 Deliveries : 10,639 10,565 10,485 10,485 Food 6/ : 10,473 10,355 10,300 10,300 Other 7/ : 166 210 185 185 Miscellaneous : 0 0 0 0 Total use : 10,775 10,765 10,635 10,635 Ending stocks : 1,499 1,150 844 764 : Stocks to use ratio : 13.9 10.7 7.9 7.2 ====================================================================== 1/ Fiscal years beginning Oct 1. Includes Puerto Rico. Historical data are from FSA, "Sweetener Market Data" except imports (U.S. Customs Service, Census Bureau). 2/ Production projections for 2010/11 are based on March 31 Prospective Plantings and trend yields. 3/ For 2010/11, includes only U.S. commitments under current trade agreements, minus shortfall of 160,000 tons. The Secretary will establish the actual level of the TRQ at a later date. 4/ Includes sugar under the re-export and polyhydric alcohol programs. 5/ For 2008/09, other high-tier (0) and other (0). For 2009/10, other high-tier (75) and other (0). For 2010/11, other high-tier (10) and other (0). 6/Combines SMD deliveries for domestic human food use, SMD miscellaneous uses, and the difference between SMD imports and WASDE imports. 7/ Transfers to sugar-containing products for reexport, and for nonedible alcohol and feed. Mexico Sugar Supply and Use and High Fructose Corn Syrup Imports 1/ ========================================================================== : Supply : Use : Fiscal :====================================================: Ending year : Beginning : Production: Imports : Domestic: Exports: stocks : stocks : : : 2/ : : ========================================================================== 1,000 metric tons, raw value Sugar 2009/10 est. May 488 4,900 970 5,000 490 868 Jun 488 5,085 955 5,170 490 868 2010/11 proj. May 868 5,450 150 4,950 500 1,018 Jun 868 5,450 150 4,950 500 1,018 ========================================================================== 1/ U.S. HFCS exports to Mexico (metric tons, dry-weight basis): Oct-Sep 2008/09 = 297,231; Oct-Mar 2008/09 = 128,427; Oct-Mar 2009/10 = 412,595. Footnote source: U.S. Census Bureau. 2/Includes domestic consumption and Mexico's products export program (IMMEX). WASDE-483-17 June 2010 U. S. Cotton Supply and Use 1/ =============================================================================== : : : 2010/11 Projections Item : 2008/09 : 2009/10 :=============================== : : Est. : May June =============================================================================== : Million acres Area : Planted : 9.47 9.15 10.51 * 10.51 * Harvested : 7.57 7.53 9.83 * 9.83 * : : Pounds Yield per harvested : acre : 813 777 815 * 815 * : : Million 480 pound bales : Beginning stocks 2/ : 10.05 6.34 3.10 2.90 Production : 12.82 12.19 16.70 16.70 Imports : 0.00 0.01 0.00 0.00 Supply, total : 22.87 18.53 19.80 19.60 Domestic use : 3.59 3.40 3.30 3.30 Exports : 13.28 12.25 13.50 13.50 Use, total : 16.86 15.65 16.80 16.80 Unaccounted 3/ : -0.33 -0.02 0.00 0.00 Ending stocks : 6.34 2.90 3.00 2.80 : Avg. farm price 4/ : 47.8 61.5-63.5 60.0-74.0 60.0-74.0 =============================================================================== Note: Reliability calculations at end of report. 1/ Upland and extra-long staple; marketing year beginning August 1. Totals may not add due to rounding. 2/ Based on Bureau of Census data. 3/ Reflects the difference between the previous season's supply less total use and ending stocks based on Bureau of Census data. 4/ Upland cotton marketing year weighted average price received by farmers in cents per pound. *Planted area as reported in March 31 "Prospective Plantings." Projected harvested area based on 2000-2009 average abandonment, weighted by region and adjusted to reflect unusually favorable soil moisture conditions in the Southwest. Projected yield per harvested acre based on 2005-2009 average yields, weighted by region. WASDE-483-18 June 2010 World Wheat Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2008/09 : World 3/ : 124.42 683.15 136.86 118.51 642.52 143.42 165.05 United States : 8.32 68.02 3.46 7.03 34.29 27.64 17.87 Total foreign : 116.09 615.14 133.40 111.48 608.23 115.78 147.18 Major exporters 4/ : 22.75 211.14 8.26 68.07 147.70 65.64 28.80 Argentina : 2.35 10.10 0.03 0.03 5.33 6.77 0.39 Australia : 3.65 21.42 0.11 3.75 6.85 14.75 3.59 Canada : 4.41 28.61 0.38 3.30 8.03 18.81 6.56 EU-27 5/ : 12.34 151.00 7.74 61.00 127.50 25.32 18.27 Major importers 6/ : 63.35 171.94 74.39 14.97 231.35 6.44 71.89 Brazil : 0.34 5.88 6.40 0.20 10.70 0.40 1.53 China : 38.96 112.46 0.48 8.00 105.50 0.72 45.69 Select. Mideast 7/ : 6.53 13.40 20.45 1.85 31.10 0.87 8.41 N. Africa 8/ : 9.48 14.35 23.48 2.70 37.56 0.25 9.50 Pakistan : 3.48 20.96 3.13 0.40 22.80 2.10 2.66 Southeast Asia 9/ : 2.66 0.00 11.96 1.32 11.74 0.42 2.46 Selected other : India : 5.80 78.57 0.01 0.10 70.92 0.02 13.43 FSU-12 : 12.43 115.46 6.54 24.65 76.42 37.76 20.25 Russia : 3.87 63.70 0.20 16.20 38.90 18.39 10.48 Kazakhstan : 2.45 12.55 0.11 2.70 7.53 5.70 1.88 Ukraine : 2.07 25.90 0.07 2.90 11.90 13.04 3.11 : : 2009/10 (Estimated) : World 3/ : 165.05 680.04 128.01 118.65 652.18 128.88 192.90 United States : 17.87 60.31 3.13 4.90 31.93 24.09 25.30 Total foreign : 147.18 619.72 124.88 113.76 620.26 104.79 167.60 Major exporters 4/ : 28.80 197.48 6.51 65.73 146.12 57.50 29.16 Argentina : 0.39 9.60 0.01 0.03 4.93 4.00 1.07 Australia : 3.59 22.50 0.10 4.00 7.10 14.50 4.59 Canada : 6.56 26.50 0.40 3.70 8.60 18.00 6.86 EU-27 5/ : 18.27 138.88 6.00 58.00 125.50 21.00 16.65 Major importers 6/ : 71.89 183.52 66.15 15.44 233.90 5.33 82.33 Brazil : 1.53 4.94 6.50 0.20 10.80 1.50 0.67 China : 45.69 114.50 1.30 8.00 105.00 0.85 55.64 Select. Mideast 7/ : 8.41 14.84 17.35 1.70 31.64 0.74 8.22 N. Africa 8/ : 9.50 20.23 19.85 2.95 38.98 0.24 10.38 Pakistan : 2.66 24.03 0.20 0.40 23.20 0.30 3.40 Southeast Asia 9/ : 2.46 0.00 12.75 1.64 12.44 0.41 2.37 Selected other : India : 13.43 80.68 0.30 0.10 78.21 0.10 16.10 FSU-12 : 20.25 113.78 5.55 27.73 80.76 35.05 23.77 Russia : 10.48 61.70 0.15 19.00 42.00 17.50 12.83 Kazakhstan : 1.88 17.00 0.08 2.70 7.55 7.50 3.91 Ukraine : 3.11 20.90 0.05 3.30 12.60 9.20 2.26 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and the EU-27. 5/ Trade excludes intra-trade. 6/ Brazil, China, Japan, Mexico, N. Africa, Pakistan, selected Middle East, and Southeast Asia. 7/ Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman. 8/ Algeria, Egypt, Libya, Morocco, and Tunisia. 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-19 June 2010 World Wheat Supply and Use 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2010/11 (Projected) World 3/ : May : 193.37 672.18 125.65 122.80 667.46 129.18 198.09 June : 192.90 668.52 127.65 122.34 667.49 131.36 193.93 United States : May : 25.84 55.61 2.99 5.17 32.82 24.49 27.13 June : 25.30 56.26 2.99 5.44 33.10 24.49 26.97 Total foreign : May : 167.53 616.57 122.66 117.62 634.64 104.68 170.96 June : 167.60 612.26 124.66 116.90 634.39 106.86 166.97 Major exporters 4/ : May : 30.16 203.57 6.51 66.70 149.45 60.50 30.29 June : 29.16 201.47 6.51 65.70 148.45 61.00 27.68 Argentina May : 1.07 12.00 0.01 0.10 5.10 7.00 0.97 Jun : 1.07 12.00 0.01 0.10 5.10 7.00 0.97 Australia May : 4.59 22.00 0.10 4.10 7.25 14.00 5.44 Jun : 4.59 22.00 0.10 4.10 7.25 14.50 4.94 Canada May : 6.86 24.50 0.40 3.50 8.60 17.50 5.66 Jun : 6.86 24.50 0.40 3.50 8.60 17.50 5.66 EU-27 5/ May : 17.65 145.07 6.00 59.00 128.50 22.00 18.22 Jun : 16.65 142.97 6.00 58.00 127.50 22.00 16.12 Major importers 6/ : May : 82.07 180.62 66.12 15.09 236.26 4.70 87.85 June : 82.33 180.89 65.73 15.61 236.64 4.62 87.69 Brazil May : 0.97 5.50 6.30 0.30 11.10 0.60 1.07 Jun : 0.67 5.50 6.30 0.20 10.90 0.60 0.97 China May : 55.44 112.00 0.90 7.00 103.80 0.85 63.69 Jun : 55.64 112.00 0.90 8.00 104.80 0.85 62.89 Sel. Mideast 7/May : 8.38 17.58 15.38 2.35 33.16 0.71 7.46 Jun : 8.22 17.55 14.98 1.90 32.65 0.71 7.38 N. Africa 8/ May : 10.08 17.85 21.50 2.85 39.85 0.24 9.34 Jun : 10.38 18.05 21.50 2.85 39.85 0.24 9.84 Pakistan May : 3.50 22.50 0.30 0.40 23.60 0.30 2.40 Jun : 3.40 22.60 0.30 0.40 23.60 0.30 2.40 SE Asia 9/ May : 2.25 0.00 13.45 1.64 12.86 0.41 2.43 Jun : 2.37 0.00 13.45 1.71 12.94 0.43 2.46 Selected other : India May : 16.10 80.00 0.30 0.10 80.01 0.10 16.29 Jun : 16.10 80.00 0.30 0.10 80.01 0.40 15.99 FSU-12 May : 23.72 108.12 6.13 31.18 84.57 32.65 20.76 Jun : 23.77 108.12 6.23 31.18 84.57 34.15 19.41 Russia May : 12.83 58.00 0.15 22.00 45.20 17.50 8.28 Jun : 12.83 57.50 0.15 22.00 45.20 17.50 7.78 Kazakhstan May : 3.91 17.00 0.08 2.90 7.85 7.50 5.63 Jun : 3.91 17.00 0.08 2.90 7.85 8.50 4.63 Ukraine May : 2.26 19.50 0.05 3.60 12.60 7.00 2.21 Jun : 2.26 20.00 0.05 3.60 12.60 7.50 2.21 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and the EU-27. 5/ Trade excludes intra-trade. 6/ Brazil, China, Japan, Mexico, N. Africa, Pakistan, selected Middle East, and Southeast Asia. 7/ Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman. 8/ Algeria, Egypt, Libya, Morocco, and Tunisia. 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-20 June 2010 World Coarse Grain Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2008/09 : World 3/ : 163.73 1109.68 110.41 646.39 1079.55 113.24 193.85 United States : 45.06 325.87 3.05 141.50 275.75 51.17 47.06 Total foreign : 118.67 783.81 107.35 504.89 803.81 62.07 146.79 Major exporters 4/ : 13.21 71.67 2.10 32.77 49.44 22.48 15.07 Argentina : 3.27 19.13 0.04 5.79 8.75 12.45 1.24 Australia : 2.67 12.27 0.00 5.89 7.25 4.41 3.29 Canada : 4.01 27.18 1.90 16.63 22.87 3.87 6.36 Major importers 5/ : 35.05 244.05 82.52 234.41 311.37 6.72 43.54 EU-27 6/ : 12.77 161.57 3.41 114.05 151.80 5.55 20.40 Japan : 1.71 0.22 19.61 15.05 19.97 0.00 1.57 Mexico : 4.74 32.25 10.47 25.24 42.06 0.16 5.24 N. Afr & Mideast 7/: 6.97 24.70 23.22 39.59 46.92 0.23 7.75 Saudi Arabia : 2.81 0.27 8.69 9.13 9.35 0.01 2.41 Southeast Asia 8/ : 3.19 24.63 5.21 20.36 28.27 0.77 4.00 South Korea : 2.12 0.36 7.25 6.41 8.21 0.00 1.52 Selected other : Brazil : 12.87 53.62 1.60 40.75 48.53 7.15 12.41 China : 40.43 172.66 1.65 107.83 160.32 0.22 54.19 FSU-12 : 4.44 78.46 0.65 41.20 57.84 17.10 8.61 Russia : 1.59 40.70 0.11 21.90 32.80 4.79 4.80 Ukraine : 1.59 26.22 0.02 10.33 13.70 11.88 2.25 : : 2009/10 (Estimated) : World 3/ : 193.85 1103.71 107.05 648.02 1104.70 111.98 192.86 United States : 47.06 349.22 2.44 142.34 299.41 54.01 45.29 Total foreign : 146.79 754.49 104.61 505.68 805.29 57.97 147.56 Major exporters 4/ : 15.07 76.74 2.25 34.93 52.37 25.16 16.54 Argentina : 1.24 28.28 0.03 7.91 10.97 14.81 3.77 Australia : 3.29 11.57 0.00 5.64 7.11 4.39 3.36 Canada : 6.36 22.37 2.07 16.31 22.67 3.43 4.70 Major importers 5/ : 43.54 236.20 79.47 231.36 308.92 5.17 45.12 EU-27 6/ : 20.40 151.36 2.69 110.58 148.28 2.51 23.66 Japan : 1.57 0.18 19.58 14.86 19.78 0.00 1.56 Mexico : 5.24 28.45 10.75 24.93 41.70 0.15 2.59 N. Afr & Mideast 7/: 7.75 31.48 20.15 40.64 48.33 1.23 9.82 Saudi Arabia : 2.41 0.27 9.11 9.13 9.33 0.00 2.46 Southeast Asia 8/ : 4.00 24.08 4.61 20.44 28.44 1.29 2.95 South Korea : 1.52 0.34 7.84 6.14 8.19 0.00 1.50 Selected other : Brazil : 12.41 55.51 0.81 41.78 49.40 7.53 11.79 China : 54.19 161.35 2.66 109.65 164.25 0.22 53.73 FSU-12 : 8.61 67.86 0.51 39.78 55.82 13.99 7.18 Russia : 4.80 31.82 0.20 20.72 31.19 2.42 3.21 Ukraine : 2.25 24.12 0.02 10.10 13.27 11.02 2.10 =============================================================================== 1/ Aggregate of local marketing years. Coarse grains include corn, sorghum, barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and mixed grains). 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and South Africa. 5/ The EU-27, Mexico, Japan, selected North Africa and Middle East, South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade. 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-21 June 2010 World Coarse Grain Supply and Use 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2010/11 (Projected) World 3/ : May : 196.70 1129.77 109.79 657.58 1124.96 112.83 201.50 June : 192.86 1128.36 110.79 658.92 1129.30 114.23 191.93 United States : May : 49.00 354.25 2.54 141.90 300.51 54.63 50.65 June : 45.29 354.25 2.54 141.78 303.18 54.63 44.27 Total foreign : May : 147.70 775.52 107.25 515.68 824.45 58.20 150.85 June : 147.56 774.12 108.25 517.15 826.12 59.60 147.65 Major exporters 4/ : May : 15.78 75.18 2.73 35.04 52.89 25.38 15.41 June : 16.54 75.18 2.73 35.04 52.89 26.38 15.17 Argentina May : 3.31 27.08 0.03 8.02 11.18 15.21 4.03 Jun : 3.77 27.08 0.03 8.02 11.18 16.21 3.49 Australia May : 3.36 10.97 0.00 5.64 7.17 4.16 3.00 Jun : 3.36 10.97 0.00 5.64 7.17 4.16 3.00 Canada May : 4.70 24.11 2.57 16.32 22.90 3.48 4.99 Jun : 4.70 24.11 2.57 16.32 22.90 3.48 4.99 Major importers 5/ : May : 45.28 238.72 82.61 237.37 316.35 5.41 44.86 June : 45.12 236.20 83.61 238.47 317.45 5.41 42.07 EU-27 6/ May : 23.66 149.79 2.72 111.65 150.16 3.71 22.31 Jun : 23.66 147.57 2.72 112.55 151.05 3.71 19.19 Japan May : 1.56 0.18 19.38 14.66 19.58 0.00 1.54 Jun : 1.56 0.18 19.38 14.66 19.58 0.00 1.54 Mexico May : 2.59 32.43 11.75 25.43 42.40 0.15 4.22 Jun : 2.59 31.93 12.25 25.43 42.40 0.15 4.22 N Afr/M.East 7/May : 9.82 30.86 20.58 42.88 50.77 0.77 9.72 Jun : 9.82 31.06 20.58 42.88 50.77 0.77 9.92 Saudi Arabia May : 2.46 0.27 9.21 9.33 9.53 0.00 2.41 Jun : 2.46 0.27 9.21 9.33 9.53 0.00 2.41 S.-east Asia 8/May : 3.12 24.77 5.51 21.84 29.94 0.79 2.66 Jun : 2.95 24.77 6.01 22.04 30.14 0.79 2.80 South Korea May : 1.50 0.34 8.64 6.84 9.02 0.00 1.46 Jun : 1.50 0.34 8.64 6.84 9.02 0.00 1.46 Selected other : Brazil May : 12.29 53.73 1.31 43.58 51.20 7.03 9.09 Jun : 11.79 53.73 1.31 43.58 51.20 7.03 8.59 China May : 54.03 173.00 1.65 110.58 167.38 0.27 61.03 Jun : 53.73 173.00 1.65 110.58 167.38 0.27 60.73 FSU-12 May : 7.13 65.80 0.46 38.64 54.51 12.76 6.13 Jun : 7.18 66.90 0.46 38.94 54.61 13.26 6.68 Russia May : 3.16 30.50 0.15 19.40 29.80 2.02 2.00 Jun : 3.21 30.10 0.15 19.20 29.40 2.02 2.05 Ukraine May : 2.10 23.45 0.02 10.43 13.50 10.21 1.86 Jun : 2.10 24.95 0.02 10.93 14.00 10.71 2.36 =============================================================================== 1/ Aggregate of local marketing years. Coarse grains include corn, sorghum, barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and mixed grains). 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and South Africa. 5/ The EU-27, Mexico, Japan, selected North Africa and Middle East, South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade. 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-22 June 2010 World Corn Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2008/09 : World 3/ : 131.32 798.01 82.45 479.54 781.77 84.67 147.56 United States : 41.26 307.14 0.34 132.22 259.05 47.18 42.50 Total foreign : 90.06 490.87 82.10 347.32 522.72 37.48 105.06 Major exporters 4/ : 5.27 27.57 0.06 8.90 16.40 12.02 4.47 Argentina : 2.18 15.00 0.03 4.50 6.40 10.32 0.49 South Africa : 3.09 12.57 0.03 4.40 10.00 1.70 3.98 Major importers 5/ : 16.51 118.08 48.99 115.87 162.94 2.67 17.96 Egypt : 0.85 6.65 5.03 8.70 11.10 0.01 1.41 EU-27 6/ : 4.36 62.51 2.74 47.50 62.00 1.74 5.87 Japan : 1.16 0.00 16.53 12.10 16.70 0.00 1.00 Mexico : 4.13 24.23 7.76 16.40 32.40 0.16 3.56 Southeast Asia 7/ : 3.19 24.57 5.20 20.30 28.20 0.76 4.00 South Korea : 2.08 0.09 7.19 6.37 7.89 0.00 1.47 Selected other : Brazil : 12.58 51.00 1.14 38.50 45.50 7.14 12.08 Canada : 1.46 10.59 1.84 7.53 11.66 0.37 1.86 China : 39.39 165.90 0.05 107.00 152.00 0.17 53.17 FSU-12 : 1.14 21.67 0.42 12.92 14.76 6.89 1.58 Ukraine : 0.67 11.40 0.01 5.10 5.85 5.50 0.73 : : 2009/10 (Estimated) : World 3/ : 147.56 808.80 82.45 481.78 812.96 87.06 143.41 United States : 42.50 333.01 0.25 135.90 285.51 49.53 40.73 Total foreign : 105.06 475.79 82.20 345.88 527.45 37.53 102.68 Major exporters 4/ : 4.47 36.50 0.05 10.20 18.10 15.50 7.42 Argentina : 0.49 22.50 0.03 5.20 7.10 13.00 2.92 South Africa : 3.98 14.00 0.03 5.00 11.00 2.50 4.51 Major importers 5/ : 17.96 107.80 48.80 110.55 158.25 2.66 13.65 Egypt : 1.41 6.82 5.00 9.50 11.90 0.00 1.34 EU-27 6/ : 5.87 55.56 2.50 43.50 58.25 1.25 4.43 Japan : 1.00 0.00 16.30 11.70 16.30 0.00 1.00 Mexico : 3.56 21.30 8.00 14.80 30.80 0.15 1.91 Southeast Asia 7/ : 4.00 24.02 4.60 20.40 28.40 1.26 2.95 South Korea : 1.47 0.08 7.80 6.10 7.90 0.00 1.45 Selected other : Brazil : 12.08 53.00 0.50 39.50 46.50 7.50 11.58 Canada : 1.86 9.56 2.00 7.50 11.80 0.30 1.32 China : 53.17 155.00 1.00 109.00 156.00 0.15 53.02 FSU-12 : 1.58 17.85 0.33 11.57 13.17 5.38 1.21 Ukraine : 0.73 10.50 0.01 5.00 5.70 5.00 0.54 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina and South Africa. 5/ Egypt, the EU-27, Mexico, Japan, South Korea, Taiwan, and Southeast Asia. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-23 June 2010 World Corn Supply and Use 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 2010/11 (Projected) World 3/ : May : 147.04 835.03 86.12 492.70 827.87 88.53 154.21 June : 143.41 835.77 87.12 493.50 831.86 89.93 147.32 United States : May : 44.16 339.61 0.25 135.90 287.03 50.80 46.19 June : 40.73 339.61 0.25 135.90 289.83 50.80 39.97 Total foreign : May : 102.89 495.42 85.87 356.80 540.83 37.73 108.02 June : 102.68 496.16 86.87 357.60 542.03 39.13 107.36 Major exporters 4/ : May : 6.72 33.50 0.05 10.50 18.50 15.50 6.27 June : 7.42 33.50 0.05 10.50 18.50 16.50 5.97 Argentina May : 2.51 21.00 0.03 5.50 7.50 13.00 3.04 Jun : 2.92 21.00 0.03 5.50 7.50 14.00 2.44 South Africa May : 4.21 12.50 0.03 5.00 11.00 2.50 3.23 Jun : 4.51 12.50 0.03 5.00 11.00 2.50 3.53 Major importers 5/ : May : 13.81 113.36 52.10 114.15 162.60 2.11 14.57 June : 13.65 112.56 53.10 114.35 162.80 2.11 14.40 Egypt May : 1.34 7.00 5.40 10.10 12.60 0.00 1.14 Jun : 1.34 7.00 5.40 10.10 12.60 0.00 1.14 EU-27 6/ May : 4.43 57.03 2.50 43.50 58.50 1.20 4.25 Jun : 4.43 56.72 2.50 43.50 58.50 1.20 3.94 Japan May : 1.00 0.00 16.30 11.70 16.30 0.00 1.00 Jun : 1.00 0.00 16.30 11.70 16.30 0.00 1.00 Mexico May : 1.91 24.50 9.10 15.60 31.80 0.15 3.56 Jun : 1.91 24.00 9.60 15.60 31.80 0.15 3.56 S.-east Asia 7/May : 3.12 24.71 5.50 21.80 29.90 0.76 2.66 Jun : 2.95 24.71 6.00 22.00 30.10 0.76 2.80 South Korea May : 1.45 0.08 8.60 6.80 8.70 0.00 1.43 Jun : 1.45 0.08 8.60 6.80 8.70 0.00 1.43 Selected other : Brazil May : 12.08 51.00 1.00 41.30 48.30 7.00 8.78 Jun : 11.58 51.00 1.00 41.30 48.30 7.00 8.28 Canada May : 1.32 10.50 2.50 7.70 12.20 0.30 1.82 Jun : 1.32 10.50 2.50 7.70 12.20 0.30 1.82 China May : 53.32 166.00 0.10 110.00 159.00 0.20 60.22 Jun : 53.02 166.00 0.10 110.00 159.00 0.20 59.92 FSU-12 May : 1.16 20.37 0.28 13.16 14.86 5.26 1.70 Jun : 1.21 21.87 0.28 13.66 15.36 5.76 2.25 Ukraine May : 0.54 11.50 0.01 5.40 6.10 5.00 0.95 Jun : 0.54 13.00 0.01 5.90 6.60 5.50 1.45 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina and South Africa. 5/ Egypt, the EU-27, Mexico, Japan, South Korea, Taiwan, and Southeast Asia. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam. WASDE-483-24 June 2010 World Rice Supply and Use (Milled Basis) 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total 2/: : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2008/09 World 3/ : 80.49 447.96 27.12 437.64 28.93 90.81 United States : 0.92 6.40 0.61 3.96 3.01 0.96 Total foreign : 79.57 441.56 26.51 433.69 25.92 89.85 Major exporters 4/ : 18.43 150.12 0.80 122.98 19.62 26.75 India : 13.00 99.18 0.00 91.08 2.10 19.00 Pakistan : 0.70 6.70 0.00 3.40 3.00 1.00 Thailand : 2.71 19.85 0.30 9.50 8.57 4.79 Vietnam : 2.02 24.39 0.50 19.00 5.95 1.96 Major importers 5/ : 14.43 64.48 11.46 74.68 0.74 14.95 Brazil : 0.97 8.57 0.68 8.53 0.57 1.12 EU-27 6/ : 1.13 1.62 1.34 2.93 0.14 1.02 Indonesia : 5.61 38.30 0.25 37.09 0.01 7.06 Nigeria : 0.77 3.20 1.75 5.15 0.00 0.57 Philippines : 4.42 10.75 2.60 13.65 0.00 4.12 Sel. Mideast 7/ : 1.43 1.67 3.66 5.72 0.02 1.01 Selected other : Burma : 0.59 10.15 0.00 9.65 1.05 0.04 C. Amer & Carib 8/ : 0.39 1.51 1.31 2.93 0.00 0.29 China : 38.02 134.33 0.34 133.00 0.78 38.90 Egypt : 0.69 4.40 0.02 4.00 0.45 0.66 Japan : 2.56 8.03 0.66 8.33 0.20 2.72 Mexico : 0.19 0.16 0.59 0.76 0.01 0.17 South Korea : 0.69 4.84 0.25 4.79 0.00 1.00 : : 2009/10 (Estimated) World 3/ : 90.81 440.57 27.74 441.76 29.67 89.62 United States : 0.96 6.92 0.64 4.32 3.30 0.89 Total foreign : 89.85 433.65 27.11 437.45 26.37 88.73 Major exporters 4/ : 26.75 138.61 0.80 121.05 20.75 24.36 India : 19.00 87.50 0.00 89.30 2.20 15.00 Pakistan : 1.00 6.50 0.00 3.00 3.30 1.20 Thailand : 4.79 20.30 0.30 9.60 9.50 6.29 Vietnam : 1.96 24.31 0.50 19.15 5.75 1.87 Major importers 5/ : 14.95 64.26 11.76 76.15 0.48 14.34 Brazil : 1.12 7.82 0.95 8.60 0.30 0.99 EU-27 6/ : 1.02 1.98 1.35 3.10 0.14 1.11 Indonesia : 7.06 38.80 0.25 38.10 0.02 7.99 Nigeria : 0.57 3.40 1.80 5.30 0.00 0.47 Philippines : 4.12 9.76 2.60 13.61 0.00 2.86 Sel. Mideast 7/ : 1.01 2.07 3.55 5.74 0.02 0.87 Selected other : Burma : 0.04 10.60 0.00 10.00 0.60 0.04 C. Amer & Carib 8/ : 0.29 1.53 1.53 3.05 0.00 0.30 China : 38.90 137.00 0.30 134.50 0.85 40.85 Egypt : 0.66 4.30 0.04 4.00 0.50 0.49 Japan : 2.72 7.71 0.70 8.20 0.20 2.73 Mexico : 0.17 0.18 0.60 0.77 0.01 0.17 South Korea : 1.00 4.92 0.30 4.75 0.00 1.46 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. Total domestic includes both domestic use and unreported disappearance. 3/ World imports and exports may not balance due to differences in some countries. 4/ India, Pakistan, Thailand, and Vietnam. 5/ Brazil, Indonesia, Hong Kong, Cote d'Ivoire, Nigeria, Philippines, selected Middle East, and the EU-27. 6/ Trade excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and Saudi Arabia. 8/ Central American and Caribbean countries. WASDE-483-25 June 2010 World Rice Supply and Use (Milled Basis) 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total 2/: : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2010/11 (Projected) World 3/ : May : 90.32 459.74 28.69 453.44 31.42 96.62 June : 89.62 459.44 28.70 452.79 31.49 96.27 United States : May : 0.96 7.62 0.70 4.33 3.34 1.61 June : 0.89 7.62 0.67 4.36 3.41 1.42 Total foreign : May : 89.37 452.12 28.00 449.11 28.08 95.02 June : 88.73 451.82 28.04 448.43 28.08 94.85 Major exporters 4/ : May : 24.36 150.85 0.85 125.80 21.90 28.36 June : 24.36 150.85 0.85 125.80 21.90 28.36 India May : 15.00 99.00 0.00 93.50 2.50 18.00 Jun : 15.00 99.00 0.00 93.50 2.50 18.00 Pakistan May : 1.20 6.50 0.00 3.00 3.60 1.10 Jun : 1.20 6.50 0.00 3.00 3.60 1.10 Thailand May : 6.29 20.60 0.35 9.80 10.00 7.44 Jun : 6.29 20.60 0.35 9.80 10.00 7.44 Vietnam May : 1.87 24.75 0.50 19.50 5.80 1.82 Jun : 1.87 24.75 0.50 19.50 5.80 1.82 Major importers 5/ : May : 14.52 67.38 11.81 78.23 0.66 14.82 June : 14.34 67.38 11.81 78.13 0.66 14.74 Brazil May : 0.99 8.40 0.65 8.65 0.50 0.89 Jun : 0.99 8.40 0.65 8.65 0.50 0.89 EU-27 6/ May : 1.11 2.01 1.35 3.15 0.14 1.18 Jun : 1.11 2.01 1.35 3.15 0.14 1.18 Indonesia May : 7.99 40.00 0.25 39.50 0.00 8.74 Jun : 7.99 40.00 0.25 39.50 0.00 8.74 Nigeria May : 0.47 3.60 1.90 5.50 0.00 0.47 Jun : 0.47 3.60 1.90 5.50 0.00 0.47 Philippines May : 3.04 10.80 2.50 13.80 0.00 2.54 Jun : 2.86 10.80 2.50 13.70 0.00 2.46 Sel. Mideast 7/May : 0.87 2.13 3.85 5.90 0.02 0.93 Jun : 0.87 2.13 3.85 5.90 0.02 0.93 Selected other : Burma May : 0.04 11.00 0.00 10.10 0.70 0.24 Jun : 0.04 11.00 0.00 10.10 0.70 0.24 C. Am & Car. 8/May : 0.30 1.56 1.50 3.09 0.00 0.27 Jun : 0.30 1.56 1.50 3.09 0.00 0.27 China May : 40.85 137.50 0.33 135.50 0.90 42.28 Jun : 40.85 137.50 0.33 135.50 0.90 42.28 Egypt May : 0.49 4.20 0.04 4.00 0.40 0.33 Jun : 0.49 4.20 0.04 4.00 0.40 0.33 Japan May : 2.73 7.85 0.70 8.13 0.20 2.95 Jun : 2.73 7.85 0.70 8.13 0.20 2.95 Mexico May : 0.17 0.16 0.65 0.82 0.01 0.16 Jun : 0.17 0.16 0.65 0.82 0.01 0.16 South Korea May : 1.46 4.60 0.33 4.74 0.01 1.64 Jun : 1.46 4.60 0.33 4.74 0.01 1.64 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. Total domestic includes both domestic use and unreported disappearance. 3/ World imports and exports may not balance due to differences in some countries. 4/ India, Pakistan, Thailand, and Vietnam. 5/ Brazil, Indonesia, Hong Kong, Cote d'Ivoire, Nigeria, Philippines, selected Middle East, the EU-27. 6/ Trade excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and Saudi Arabia. 8/ Central American and Caribbean countries. WASDE-483-26 June 2010 World Cotton Supply and Use 1/ (Million 480-pound bales) ================================================================================ : Supply : Use : : Region :=========================:================: Loss : Ending :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks : stocks : tion : : : : : ================================================================================ : : 2008/09 : World : 62.61 107.48 30.04 109.94 30.16 -2.67 62.70 United States : 10.05 12.82 3/ 3.59 13.28 -0.33 6.34 Total foreign : 52.56 94.66 30.04 106.35 16.88 -2.33 56.36 Major exporters 4/ : 18.81 42.36 1.54 26.83 13.93 -0.19 22.15 Central Asia 5/ : 2.42 7.12 0.01 1.60 4.45 0.00 3.49 Afr. Fr. Zone 6/ : 0.67 2.41 3/ 0.19 2.20 0.00 0.70 S. Hemis. 7/ : 8.30 8.68 0.31 5.52 4.60 -0.20 7.38 Australia : 0.60 1.50 3/ 0.05 1.20 -0.07 0.93 Brazil : 6.25 5.48 0.05 4.20 2.74 -0.15 4.99 India : 6.63 22.60 0.80 17.75 2.36 0.00 9.92 Major importers 8/ : 31.91 49.51 26.03 75.24 1.88 -2.15 32.48 Mexico : 0.93 0.57 1.32 1.85 0.18 0.03 0.76 China : 20.50 36.70 7.00 44.00 0.08 -2.25 22.37 EU-27 9/ : 0.67 1.23 0.96 1.14 1.01 0.05 0.65 Turkey : 1.95 1.93 2.92 5.10 0.14 -0.09 1.65 Pakistan : 5.39 9.00 1.95 11.25 0.38 0.03 4.69 Indonesia : 0.39 0.03 2.00 2.00 0.02 0.05 0.35 Thailand : 0.32 3/ 1.60 1.60 0.00 0.03 0.29 Bangladesh : 0.62 0.04 3.80 3.75 0.00 0.01 0.70 Vietnam : 0.25 0.01 1.23 1.25 0.00 0.00 0.24 : : 2009/10 (Estimated) : World : 62.70 102.89 35.70 116.43 35.26 -2.60 52.21 United States : 6.34 12.19 0.01 3.40 12.25 -0.02 2.90 Total foreign : 56.36 90.71 35.69 113.03 23.01 -2.58 49.31 Major exporters 4/ : 22.15 42.41 1.50 28.77 19.59 -0.19 17.89 Central Asia 5/ : 3.49 6.17 0.01 1.69 5.98 0.00 2.00 Afr. Fr. Zone 6/ : 0.70 2.16 3/ 0.18 2.17 0.00 0.51 S. Hemis. 7/ : 7.38 9.15 0.34 5.70 4.54 -0.20 6.83 Australia : 0.93 1.60 3/ 0.04 1.83 -0.07 0.74 Brazil : 4.99 5.75 0.10 4.40 1.90 -0.15 4.69 India : 9.92 23.50 0.60 19.50 6.40 0.00 8.12 Major importers 8/ : 32.48 45.68 31.56 80.02 2.29 -2.39 29.81 Mexico : 0.76 0.42 1.50 1.90 0.13 0.03 0.64 China : 22.37 32.50 10.80 47.50 0.03 -2.50 20.64 EU-27 9/ : 0.65 1.01 0.89 0.98 1.06 0.05 0.46 Turkey : 1.65 1.75 3.90 5.60 0.18 -0.08 1.61 Pakistan : 4.69 9.90 1.70 11.50 0.75 0.03 4.01 Indonesia : 0.35 0.03 2.10 2.05 0.02 0.05 0.36 Thailand : 0.29 3/ 1.80 1.78 0.01 0.03 0.29 Bangladesh : 0.70 0.05 4.00 4.00 0.00 0.01 0.74 Vietnam : 0.24 0.02 1.70 1.60 0.00 0.00 0.36 ================================================================================ 1/ Marketing year beginning August 1. Totals may not add exactly and trade may not balance due to rounding and other factors. 2/ Generally reflects cotton lost or destroyed in the marketing channel; for Australia, Brazil, China, and the United States, reflects the difference between implicit stocks based on supply less total use and indicated ending stocks. 3/ Less than 5,000 bales. 4/ Includes Egypt and Syria in addition to the countries and regions listed. 5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. 6/ Benin, Burkino Faso, Cameroon, Central African Republic, Chad, Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ Argentina, Australia, Brazil, Paraguay, South Africa, Tanzania, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Hong Kong, Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade. WASDE-483-27 June 2010 World Cotton Supply and Use 1/ (Million 480-pound bales) ================================================================================ : Supply : Use : : Region :=========================:================: Loss : Ending :Beginning:Produc-:Imports:Domestic:Exports: 2/ : stocks : stocks : tion : : : : : ================================================================================ : : 2010/11 (Projected) World : May : 52.75 113.88 35.73 119.08 35.72 -2.58 50.13 June : 52.21 114.32 36.12 119.49 36.14 -2.58 49.59 United States : May : 3.10 16.70 3/ 3.30 13.50 0.00 3.00 June : 2.90 16.70 3/ 3.30 13.50 0.00 2.80 Total foreign : May : 49.65 97.18 35.73 115.78 22.22 -2.58 47.13 June : 49.31 97.62 36.12 116.19 22.64 -2.58 46.79 Major exporters 4/ : May : 18.41 46.85 1.43 29.94 18.63 -0.19 18.30 June : 17.89 47.00 1.64 29.94 18.94 -0.19 17.83 Central Asia 5/May : 2.10 6.84 0.01 1.73 5.45 0.00 1.76 Jun : 2.00 6.79 0.01 1.73 5.42 0.00 1.65 Afr. Fr. Zn. 6/May : 0.51 2.61 3/ 0.19 2.38 0.00 0.56 Jun : 0.51 2.61 3/ 0.18 2.42 0.00 0.51 S. Hemis 7/ May : 7.01 10.82 0.30 5.95 4.68 -0.20 7.69 Jun : 6.83 11.02 0.51 5.95 4.88 -0.20 7.73 Australia May : 0.79 2.00 3/ 0.04 1.85 -0.07 0.97 Jun : 0.74 2.20 3/ 0.04 1.85 -0.07 1.12 Brazil May : 4.79 6.80 0.09 4.60 2.00 -0.15 5.23 Jun : 4.69 6.80 0.30 4.60 2.20 -0.15 5.14 India May : 8.32 25.00 0.63 20.40 5.70 0.00 7.85 Jun : 8.12 25.00 0.63 20.40 5.80 0.00 7.55 Major importers 8/ : May : 29.61 47.58 31.69 81.60 2.44 -2.39 27.22 June : 29.81 47.72 31.89 82.00 2.49 -2.39 27.31 Mexico May : 0.66 0.55 1.60 1.90 0.20 0.03 0.69 Jun : 0.64 0.64 1.50 1.90 0.20 0.03 0.65 China May : 19.84 33.00 11.50 49.00 0.03 -2.50 17.82 Jun : 20.64 33.00 11.50 49.00 0.03 -2.50 18.62 EU-27 9/ May : 0.46 1.33 0.84 0.93 1.21 0.05 0.44 Jun : 0.46 1.38 0.84 0.93 1.26 0.05 0.44 Turkey May : 2.03 2.10 2.70 5.40 0.15 -0.08 1.36 Jun : 1.61 2.10 3.00 5.50 0.15 -0.08 1.14 Pakistan May : 4.16 10.50 1.90 11.40 0.70 0.03 4.44 Jun : 4.01 10.50 1.90 11.70 0.70 0.03 3.99 Indonesia May : 0.36 0.03 2.20 2.10 0.02 0.05 0.42 Jun : 0.36 0.03 2.20 2.10 0.02 0.05 0.42 Thailand May : 0.29 3/ 1.80 1.78 0.01 0.03 0.28 Jun : 0.29 3/ 1.80 1.78 0.01 0.03 0.28 Bangladesh May : 0.74 0.05 4.25 4.25 0.00 0.01 0.78 Jun : 0.74 0.05 4.25 4.25 0.00 0.01 0.78 Vietnam May : 0.36 0.02 1.78 1.80 0.00 0.00 0.35 Jun : 0.36 0.02 1.78 1.80 0.00 0.00 0.35 ================================================================================ 1/ Marketing year beginning August 1. Totals may not add exactly and trade may not balance due to rounding and other factors. 2/ Generally reflects cotton lost or destroyed in the marketing channel; for Australia, Brazil, and the United States, reflects the difference between implicit stocks based on supply less total use and indicated ending stocks. 3/ Less than 5,000 bales. 4/ Includes Egypt and Syria in addition to the countries and regions listed. 5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. 6/ Benin, Burkino Faso, Cameroon, Central African Republic, Chad, Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ Argentina, Australia, Brazil, Paraguay, South Africa, Tanzania, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Hong Kong, Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade. WASDE-483-28 June 2010 World Soybean Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : : :stocks :Beginning:Produc-: : Domestic : : : stocks : tion :Imports: Crush : Total :Exports: =============================================================================== : : 2008/09 World 2/ : 52.91 211.96 77.17 193.01 221.03 77.34 43.66 United States : 5.58 80.75 0.36 45.23 48.00 34.93 3.76 Total foreign : 47.33 131.22 76.80 147.78 173.03 42.42 39.90 Major exporters 3/ : 40.85 93.80 1.30 64.61 69.09 38.21 28.65 Argentina : 21.76 32.00 1.24 31.24 32.82 5.59 16.59 Brazil : 18.90 57.80 0.04 31.87 34.72 29.99 12.04 Major importers 4/ : 5.61 17.58 64.50 61.66 77.19 0.45 10.05 China : 4.25 15.54 41.10 41.04 51.44 0.40 9.05 EU-27 : 0.81 0.64 13.21 12.86 14.09 0.02 0.56 Japan : 0.27 0.26 3.40 2.50 3.75 0.00 0.18 Mexico : 0.06 0.15 3.33 3.47 3.50 0.00 0.04 : : 2009/10 (Estimated) World 2/ : 43.66 259.20 84.15 205.22 235.20 86.35 65.47 United States : 3.76 91.42 0.41 47.36 50.96 39.60 5.02 Total foreign : 39.90 167.78 83.74 157.87 184.24 46.75 60.44 Major exporters 3/ : 28.65 130.20 0.20 67.88 72.50 42.25 44.30 Argentina : 16.59 54.00 0.00 34.83 36.42 7.50 26.67 Brazil : 12.04 69.00 0.19 31.50 34.40 29.35 17.47 Major importers 4/ : 10.05 16.87 70.78 67.69 83.69 0.32 13.68 China : 9.05 14.70 47.00 47.28 57.88 0.25 12.62 EU-27 : 0.56 0.86 13.00 12.50 13.77 0.04 0.61 Japan : 0.18 0.23 3.60 2.53 3.83 0.00 0.18 Mexico : 0.04 0.11 3.45 3.51 3.55 0.00 0.05 : : 2010/11 (Projected) World 2/ : May : 63.76 250.13 86.46 215.31 246.35 87.92 66.09 June : 65.47 249.93 86.38 215.30 246.55 88.24 66.99 United States : May : 5.16 90.08 0.27 44.63 48.84 36.74 9.94 June : 5.02 90.08 0.27 44.63 48.84 36.74 9.80 Total foreign : May : 58.60 160.05 86.19 170.68 197.51 51.18 56.15 June : 60.44 159.85 86.11 170.67 197.71 51.50 57.19 Major exporters 3/ : May : 43.68 121.50 0.19 73.00 77.80 46.24 41.34 June : 44.30 121.50 0.19 73.00 77.80 46.24 41.95 Argentina May : 26.67 50.00 0.00 38.65 40.32 12.50 23.85 Jun : 26.67 50.00 0.00 38.65 40.32 12.50 23.85 Brazil May : 16.83 65.00 0.18 32.80 35.80 28.90 17.31 Jun : 17.47 65.00 0.18 32.80 35.80 28.90 17.95 Major importers 4/ : May : 12.56 17.51 72.89 73.30 89.64 0.52 12.80 June : 13.68 16.91 72.81 73.44 89.77 0.52 13.12 China May : 11.49 15.20 49.00 52.70 63.52 0.45 11.72 Jun : 12.62 14.60 49.00 52.90 63.72 0.45 12.05 EU-27 May : 0.62 1.00 12.60 12.40 13.62 0.03 0.57 Jun : 0.61 1.00 12.60 12.40 13.62 0.03 0.56 Japan May : 0.18 0.23 3.60 2.53 3.83 0.00 0.17 Jun : 0.18 0.23 3.60 2.53 3.83 0.00 0.17 Mexico May : 0.05 0.11 3.50 3.57 3.61 0.00 0.05 Jun : 0.05 0.11 3.50 3.57 3.61 0.00 0.05 =============================================================================== 1/ Data based on local marketing years except Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil and Paraguay. 4/ Japan, China, and EU, Mexico, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). WASDE-483-29 June 2010 World Soybean Meal Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total : : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2008/09 World 2/ : 6.36 151.67 51.20 152.38 52.18 4.68 United States : 0.27 35.48 0.08 27.89 7.72 0.21 Total foreign : 6.10 116.20 51.12 124.49 44.46 4.47 Major exporters 3/ : 3.83 55.05 0.12 15.46 40.29 3.25 Argentina : 1.14 24.36 0.00 0.63 24.03 0.85 Brazil : 2.59 24.70 0.11 12.44 13.11 1.84 India : 0.11 5.99 0.01 2.38 3.16 0.56 Major importers 4/ : 1.27 44.10 28.19 71.70 1.53 0.33 EU-27 : 1.07 10.13 20.98 31.58 0.47 0.13 China : 0.00 32.48 0.22 31.67 1.02 0.00 : : 2009/10 (Estimated) World 2/ : 4.68 161.56 53.70 159.51 55.20 5.24 United States : 0.21 37.40 0.13 27.03 10.43 0.27 Total foreign : 4.47 124.16 53.57 132.48 44.76 4.96 Major exporters 3/ : 3.25 56.51 0.11 16.33 40.05 3.49 Argentina : 0.85 27.15 0.00 0.67 26.00 1.32 Brazil : 1.84 24.41 0.10 12.80 11.95 1.60 India : 0.56 4.95 0.01 2.85 2.10 0.56 Major importers 4/ : 0.33 48.80 29.66 76.00 2.17 0.64 EU-27 : 0.13 9.85 22.30 31.44 0.47 0.37 China : 0.00 37.42 0.05 35.82 1.65 0.00 : : 2010/11 (Projected) World 2/ : May : 5.58 169.64 55.32 167.89 56.62 6.03 June : 5.24 169.63 55.50 167.89 56.81 5.67 United States : May : 0.27 35.41 0.15 27.58 7.98 0.27 June : 0.27 35.41 0.15 27.49 8.07 0.27 Total foreign : May : 5.30 134.22 55.17 140.31 48.63 5.75 June : 4.96 134.22 55.35 140.40 48.73 5.40 Major exporters 3/ : May : 3.84 61.45 0.13 17.16 44.23 4.02 June : 3.49 61.45 0.13 17.16 44.23 3.67 Argentina May : 1.28 29.95 0.00 0.70 29.30 1.23 Jun : 1.32 29.95 0.00 0.70 29.30 1.28 Brazil May : 2.10 25.42 0.12 13.38 11.83 2.43 Jun : 1.60 25.42 0.12 13.38 11.83 1.93 India May : 0.46 6.08 0.01 3.08 3.10 0.37 Jun : 0.56 6.08 0.01 3.08 3.10 0.47 Major importers 4/ : May : 0.62 53.20 30.92 81.99 1.90 0.84 June : 0.64 53.30 30.80 81.89 2.00 0.85 EU-27 May : 0.37 9.77 23.20 32.30 0.45 0.58 Jun : 0.37 9.77 23.20 32.30 0.45 0.58 China May : 0.00 41.71 0.05 40.36 1.40 0.00 Jun : 0.00 41.87 0.05 40.42 1.50 0.00 =============================================================================== 1/ Data based on local marketing years except for Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil, and India. 4/ Eastern Europe, China, EU, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). WASDE-483-30 June 2010 World Soybean Oil Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:===================: Ending Region : : : : : : stocks :Beginning:Produc-: : Total : : : stocks : tion :Imports: Domestic: Exports : =============================================================================== : : 2008/09 World 2/ : 3.17 35.75 8.94 35.93 9.11 2.82 United States : 1.13 8.50 0.04 7.43 1.00 1.24 Total foreign : 2.05 27.25 8.90 28.50 8.12 1.57 Major exporters 3/ : 0.94 14.35 0.80 8.48 7.01 0.59 Argentina : 0.30 5.91 0.00 1.43 4.70 0.08 Brazil : 0.43 6.12 0.01 4.27 1.91 0.37 EU-27 : 0.21 2.31 0.79 2.78 0.40 0.14 Major importers 4/ : 0.36 8.65 3.60 11.86 0.09 0.66 China : 0.23 7.31 2.49 9.49 0.08 0.47 India : 0.13 1.34 1.06 2.33 0.00 0.19 Pakistan : 0.01 0.00 0.04 0.05 0.00 0.00 : : 2009/10 (Estimated) World 2/ : 2.82 37.98 8.56 37.74 9.01 2.61 United States : 1.24 8.82 0.05 7.35 1.47 1.29 Total foreign : 1.57 29.16 8.52 30.39 7.53 1.33 Major exporters 3/ : 0.59 14.96 0.50 9.04 6.33 0.69 Argentina : 0.08 6.67 0.00 1.88 4.67 0.21 Brazil : 0.37 6.04 0.05 4.88 1.26 0.33 EU-27 : 0.14 2.25 0.45 2.28 0.40 0.16 Major importers 4/ : 0.66 9.54 3.14 12.90 0.08 0.36 China : 0.47 8.43 1.60 10.21 0.08 0.20 India : 0.19 1.11 1.50 2.65 0.00 0.15 Pakistan : 0.00 0.00 0.04 0.04 0.00 0.00 : : 2010/11 (Projected) World 2/ : May : 2.82 39.96 8.85 39.80 9.06 2.78 June : 2.61 39.97 8.97 39.86 9.06 2.63 United States : May : 1.29 8.48 0.05 7.58 1.00 1.25 June : 1.29 8.48 0.05 7.58 1.00 1.25 Total foreign : May : 1.54 31.48 8.80 32.22 8.06 1.54 June : 1.33 31.49 8.91 32.28 8.06 1.39 Major exporters 3/ : May : 0.81 15.92 0.45 9.56 6.79 0.83 June : 0.69 15.92 0.45 9.56 6.79 0.71 Argentina May : 0.21 7.40 0.00 2.13 5.20 0.27 Jun : 0.21 7.40 0.00 2.13 5.20 0.27 Brazil May : 0.45 6.29 0.05 5.10 1.29 0.40 Jun : 0.33 6.29 0.05 5.10 1.29 0.28 EU-27 May : 0.16 2.23 0.40 2.33 0.30 0.16 Jun : 0.16 2.23 0.40 2.33 0.30 0.16 Major importers 4/ : May : 0.45 10.75 3.38 14.11 0.07 0.39 June : 0.36 10.79 3.38 14.08 0.07 0.36 China May : 0.29 9.39 2.15 11.48 0.07 0.29 Jun : 0.20 9.43 2.15 11.45 0.07 0.26 India May : 0.15 1.36 1.19 2.60 0.00 0.10 Jun : 0.15 1.36 1.19 2.60 0.00 0.10 Pakistan May : 0.00 0.00 0.04 0.04 0.00 0.00 Jun : 0.00 0.00 0.04 0.04 0.00 0.00 =============================================================================== 1/ Data based on local marketing years except for Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil and EU. 4/ India, China and Pakistan. WASDE-483-31 June 2010 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 2009 : II : 6602 5490 12167 8939 1420 10488 22655 1870 48.9 III : 6690 5700 12464 9172 1417 10725 23189 1880 46.8 IV : 6426 5996 12504 8827 1441 10385 22889 1924 46.3 Annual : 25965 22999 49274 35511 5663 41673 90947 7534 189.3 : 2010 : I : 6251 5607 11936 8732 1340 10188 22124 1867 47.3 II* : 6450 5215 11737 9125 1375 10625 22362 1880 49.1 III* : 6625 5400 12098 9400 1400 10925 23023 1900 47.1 IV* : 6180 5900 12157 9125 1425 10675 22832 1935 46.8 Annual : May Proj : 25691 22237 48229 36381 5539 42411 90640 7567 190.2 Jun Proj : 25506 22122 47928 36382 5540 42413 90341 7582 190.4 : 2011 : I* : 5950 5600 11625 9075 1375 10565 22190 1880 47.9 Annual : May Proj : 25115 22705 48116 37500 5595 43595 91711 7620 193.0 Jun Proj : 25115 22705 48112 37500 5645 43645 91757 7620 193.0 =============================================================================== * Projection. 1/ Commercial production for red meats; federally inspected for poultry meats. 2/ Beef, pork, veal and lamb & mutton. 3/ Broilers, turkeys and mature chicken. U.S. Quarterly Prices for Animal Products 1/ =============================================================================== Year : Barrows : : : : : and : Steers :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 2009 : II : 84.48 42.74 81.9 75.7 89.7 11.60 III : 83.05 38.90 76.8 78.1 94.8 12.13 IV : 83.29 41.20 72.1 81.4 117.7 15.40 Annual : 83.25 41.24 77.6 76.5 103.0 12.84 : 2010 : I : 89.44 50.41 82.2 75.6 126.0 15.60 II* : 95-96 59-60 85-86 83-84 88-89 15.00-15.20 III* : 93-97 58-62 84-88 84-88 88-92 15.95-16.45 IV* : 92-100 50-54 79-85 84-92 108-116 16.55-17.35 Annual : May Proj : 94-98 55-57 81-85 80-84 105-110 15.65-16.15 Jun Proj : 92-96 54-57 82-85 82-85 102-106 15.75-16.15 : 2011 : I* : 93-101 54-58 81-87 74-80 111-121 15.70-16.70 Annual : May Proj : 95-102 53-57 80-87 78-85 108-117 15.70-16.70 Jun Proj : 95-102 53-57 81-88 80-87 108-117 15.80-16.80 =============================================================================== *Projection. 1/ Simple average of months. 2/ 5-Area, Direct, Total all grades 3/ National Base, Live equiv 51-52% lean. 4/ Wholesale, 12-city average. 5/ 8-16 lbs, hens National. 6/ Grade A large, New York, volume buyers. 7/ Prices received by farmers for all milk. WASDE-483-32 June 2010 U.S. Meats Supply and Use =============================================================================== : Supply : Use :----------------------------------------------------------- : : : : : : : Disappearance : : Pro- : : : : :-------------- : Beg- : duc- : : : : End- : : Per Item :inning: tion : Im- : Total : Ex- : ing : :capita :stocks: 1/ :ports: supply: ports:stocks:Total : 2/ 3/ =============================================================================== : Million pounds 4/ BEEF : 2009 : 642 26068 2628 29337 1869 565 26904 61.2 2010 Proj. May : 565 25793 2495 28853 2060 535 26258 59.3 Jun : 565 25608 2508 28681 2058 535 26088 58.9 2011 Proj. May : 535 25217 2785 28537 2000 515 26022 58.3 Jun : 535 25217 2785 28537 2000 515 26022 58.3 : PORK : 2009 : 635 23020 834 24490 4126 525 19839 50.1 2010 Proj. May : 525 22259 855 23639 4360 510 18769 47.0 Jun : 525 22144 844 23513 4327 500 18686 46.8 2011 Proj. May : 510 22726 885 24121 4550 500 19071 47.3 Jun : 500 22726 885 24111 4550 500 19061 47.3 : TOTAL RED MEAT 5/ : 2009 : 1307 49412 3633 54352 6011 1114 47227 112.7 2010 Proj. May : 1114 48368 3533 53015 6437 1067 45511 107.6 Jun : 1114 48067 3534 52715 6403 1057 45255 107.0 2011 Proj. May : 1067 48255 3861 53183 6568 1037 45578 106.9 Jun : 1057 48251 3861 53169 6568 1037 45564 106.9 : BROILERS : 2009 : 745 35131 85 35961 6835 616 28509 79.6 2010 Proj. May : 616 35992 96 36704 5625 690 30389 84.2 Jun : 616 35993 96 36705 5813 670 30222 83.7 2011 Proj. May : 690 37099 96 37885 6000 660 31225 85.8 Jun : 670 37099 96 37865 6000 660 31205 85.7 : TURKEYS : 2009 : 396 5588 13 5998 535 262 5201 16.9 2010 Proj. May : 262 5466 12 5740 510 250 4980 16.1 Jun : 262 5467 12 5741 514 250 4977 16.1 2011 Proj. May : 250 5522 12 5784 530 275 4979 15.9 Jun : 250 5571 12 5833 530 275 5028 16.1 : TOTAL POULTRY 6/ : 2009 : 1144 41219 103 42466 7470 880 34116 97.9 2010 Proj. May : 880 41949 112 42941 6235 943 35763 101.5 Jun : 880 41951 112 42943 6427 923 35593 101.0 2011 Proj. May : 943 43120 112 44175 6640 938 36597 103.0 Jun : 923 43169 112 44204 6640 938 36626 103.1 : RED MEAT & POULTRY : 2009 : 2451 90631 3736 96818 13481 1994 81343 210.6 2010 Proj. May : 1994 90316 3645 95955 12672 2010 81273 209.1 Jun : 1994 90017 3646 95657 12830 1980 80847 208.1 2011 Proj. May : 2010 91375 3973 97358 13208 1975 82175 209.9 Jun : 1980 91420 3973 97373 13208 1975 82190 210.0 =============================================================================== 1/ Total including farm production for red meats and, for poultry, federally inspected plus non-federally inspected, less condemnations. 2/ Pounds, retail-weight basis. 3/ Population source: Dept. of Commerce, Census Bureau. 4/ Carcass weight for red meats and certified ready-to-cook weight for poultry. 5/ Beef, pork, veal, lamb and mutton. 6/ Broilers, turkeys and mature chicken. WASDE-483-33 June 2010 U.S. Egg Supply and Use =============================================================================== : : : 2010 Projected : 2011 Projected : : :-----------------:----------------- Commodity : 2008 : 2009 : May : Jun : May : Jun =============================================================================== EGGS : Million dozen Supply : Beginning stocks : 11.1 17.2 18.0 18.0 18.0 18.0 Production : 7501.0 7534.0 7567.0 7582.0 7620.0 7620.0 Imports : 14.6 11.1 12.0 12.0 12.0 12.0 Total supply : 7526.7 7562.3 7597.0 7612.0 7650.0 7650.0 : Use : Exports : 206.3 242.2 235.0 237.2 237.0 237.0 Hatching use : 996.3 955.1 971.6 971.6 990.0 990.0 Ending stocks : 17.2 18.0 18.0 18.0 18.0 18.0 Disappearance : Total : 6306.9 6347.0 6372.4 6385.2 6405.0 6405.0 Per capita (number) : 248.3 247.7 246.6 247.1 245.8 245.8 =============================================================================== U.S. Milk Supply and Use =============================================================================== : : : 2010 Projected : 2011 Projected Commodity : : :-----------------:----------------- : 2008 : 2009 : May : Jun : May : Jun =============================================================================== : Billion pounds Milk : Production : 190.0 189.3 190.2 190.4 193.0 193.0 Farm use : 1.1 1.0 1.0 1.0 1.0 1.0 : Fat Basis Supply : Beg. commercial stocks : 10.4 10.1 11.3 11.3 10.5 10.5 Marketings : 188.9 188.3 189.2 189.4 192.1 192.1 Imports : 5.3 5.6 5.0 4.8 5.1 4.9 Total cml. supply : 204.6 204.0 205.6 205.5 207.6 207.5 : Fat Basis Use : Commercial Exports : 8.7 4.1 4.8 5.0 4.9 5.1 Ending commercial stks : 10.1 11.3 10.5 10.5 9.9 9.8 CCC net removals 1/ : 0.0 0.7 0.3 0.2 0.0 0.0 Commercial use 2/ : 185.7 187.6 189.9 189.7 192.8 192.6 : Skim-solids Basis Supply : Beg. commercial stocks : 10.0 10.9 11.3 11.3 11.0 11.0 Marketings : 188.9 188.3 189.2 189.4 192.1 192.1 Imports : 7.0 5.5 4.7 4.4 4.8 4.8 Total cml. supply : 205.9 204.7 205.3 205.2 207.8 207.8 : Skim-solids Basis Use : Commercial Exports : 26.6 22.5 25.3 26.0 27.0 27.1 Ending commercial stks : 10.9 11.3 11.0 11.0 10.6 10.6 CCC net removals 1/ : 1.3 2.9 0.0 0.0 0.0 0.0 Commercial use 2/ : 167.1 168.6 169.2 168.4 170.3 170.2 : : Million pounds CCC product net removals 1/: Butter : 0 30 15 8 0 0 Cheese : 0 2 2 2 0 0 Nonfat dry milk : 111 247 2 2 0 0 Dry whole milk : 0 0 0 0 0 0 =============================================================================== Note: Totals may not add due to rounding. 1/ Includes products exported under the Dairy Export Incentive Program. 2/ Domestic commercial use only. 2009 and 2010 adjusted for the Barter Program WASDE-483-34 June 2010 U.S. Dairy Prices =========================================================================== : : : 2010 Projected : 2011 Projected : : :-----------------:----------------- Commodity : 2008 : 2009 : May : Jun : May : Jun =========================================================================== : Dollars per pound : Product Prices 1/ : Cheese : 1.8958 1.2963 1.480- 1.485- 1.505- 1.520- : 1.530 1.525 1.605 1.620 : Butter : 1.4352 1.2094 1.445- 1.475- 1.390- 1.390- : 1.525 1.545 1.520 1.520 : Nonfat dry milk : 1.2257 0.9222 1.180- 1.200- 1.210- 1.235- : 1.220 1.240 1.280 1.305 : Dry whey : 0.2500 0.2584 0.365- 0.365- 0.375- 0.375- : 0.395 0.385 0.405 0.405 : : Dollars per cwt Milk Prices 2/ : Class III : 17.44 11.36 13.95- 13.95- 14.25- 14.35- : 14.45 14.35 15.25 15.35 : Class IV : 14.65 10.89 14.15- 14.45- 14.15- 14.35- : 14.75 14.95 15.25 15.45 : All milk 3/ : 18.34 12.84 15.65- 15.75- 15.70- 15.80- : 16.15 16.15 16.70 16.80 : =========================================================================== 1/ Simple average of monthly prices calculated by AMS from NASS weekly average dairy product prices for class price computations. 2/ Annual Class III and Class IV prices are the simple averages of monthly minimum Federal order milk prices paid by regulated plants for milk used in the respective classes. All milk price is the simple average of monthly prices received by farmers for milk at average test. 3/ Does not reflect any deductions from producers as authorized by legislation. WASDE-483-35 June 2010 Note: Tables on pages 35-37 present a 29-year record of the differences between the June projection and the final estimate. Using world wheat production as an example, changes between the June projection and the final estimate have averaged 15.3 million tons (2.8%) ranging from -32.2 to 29.6 million tons. The June projection has been below the estimate 18 times and above 11 times. Reliability of June Projections =============================================================================== :Differences between proj. & final estimate,1981/82-2009/10 1/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== WHEAT :Percent Million metric tons Number of years Production : World : 2.8 15.3 -32.2 29.6 18 11 U.S. : 4.6 2.8 -7.4 8.4 16 13 Foreign : 2.9 14.1 -28.8 28.2 17 12 Exports : World : 4.4 5.1 -16.6 12.3 19 9 U.S. : 8.3 2.7 -10.0 7.8 18 11 Foreign : 4.8 4.1 -11.6 6.5 21 8 Domestic use : World : 1.7 9.2 -27.5 19.6 18 11 U.S. : 6.0 1.9 -6.4 4.8 16 13 Foreign : 1.7 8.6 -24.2 18.1 19 10 Ending stocks : World : 9.8 13.0 -35.0 29.7 19 10 U.S. : 16.7 3.5 -9.6 14.9 16 13 Foreign : 10.0 10.7 -30.0 14.9 18 11 : COARSE GRAINS 2/ : Production : World : 2.8 24.2 -77.0 76.0 16 13 U.S. : 8.8 19.1 -35.9 70.3 15 14 Foreign : 2.2 13.5 -41.6 39.5 13 16 Exports : World : 6.4 6.8 -17.8 16.5 19 10 U.S. : 14.8 7.9 -22.8 15.3 12 17 Foreign : 12.1 6.3 -19.1 14.2 17 12 Domestic use : World : 1.5 12.5 -22.4 33.2 13 16 U.S. : 3.9 7.5 -16.6 33.0 18 11 Foreign : 1.5 9.5 -13.7 33.5 13 16 Ending stocks : World : 16.2 22.7 -69.9 48.0 19 10 U.S. : 35.4 17.4 -57.6 43.9 15 14 Foreign : 14.2 12.0 -30.5 14.0 21 8 : RICE, milled : Production : World : 2.1 7.5 -21.8 15.2 20 9 U.S. : 5.5 0.3 -1.1 0.5 17 12 Foreign : 2.1 7.4 -21.9 15.3 19 10 Exports : World : 7.8 1.6 -7.5 1.1 21 8 U.S. : 8.4 0.2 -1.0 0.7 15 11 Foreign : 8.5 1.5 -7.1 0.9 21 8 Domestic use : World : 1.5 5.4 -20.3 5.8 21 8 U.S. : 6.8 0.2 -0.5 0.5 13 16 Foreign : 1.6 5.4 -20.8 5.6 22 7 Ending stocks : World : 12.0 6.1 -15.7 8.2 19 10 U.S. : 27.2 0.3 -0.9 0.9 16 11 Foreign : 12.5 6.0 -15.3 8.3 20 9 =============================================================================== 1/ Footnotes at end of table. CONTINUED WASDE-483-36 June 2010 Reliability of June Projections (Continued) =============================================================================== :Differences between proj. & final estimate,1981/82-2009/10 1/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== SOYBEANS :Percent Million metric tons Number of years Production : World : 5.2 11.7 -16.3 27.9 2 4 U.S. : 7.2 4.4 -11.3 12.0 14 15 Foreign : 7.9 11.0 -11.9 23.9 2 4 Exports : World : 5.6 4.2 -10.0 4.1 2 4 U.S. : 12.6 2.8 -6.4 6.4 17 12 Foreign : 10.5 4.1 -4.7 8.3 3 3 Domestic use : World : 2.9 6.5 -5.6 17.0 2 4 U.S. : 5.5 2.2 -7.2 5.6 19 10 Foreign : 3.2 5.4 -4.4 11.4 2 4 Ending stocks : World : 9.4 5.1 -12.7 7.9 4 2 U.S. : 44.4 2.9 -7.1 8.4 8 21 Foreign : 11.8 5.6 -13.3 6.6 4 2 : COTTON : Million 480-pound bales Production : World : 4.7 4.3 -16.4 11.4 17 11 U.S. : 9.3 1.5 -5.6 3.1 14 15 Foreign : 4.5 3.4 -12.4 10.5 16 13 Exports : World : 7.6 2.2 -6.5 12.4 14 15 U.S. : 19.6 1.4 -3.0 3.9 18 11 Foreign : 8.1 1.5 -3.5 9.9 14 15 Mill use : World : 3.1 2.9 -8.1 17.1 13 16 U.S. : 8.3 0.6 -1.4 1.3 15 13 Foreign : 3.3 2.9 -7.6 16.3 16 13 Ending stocks : World : 15.2 6.0 -14.3 15.2 20 9 U.S. : 35.0 1.7 -4.6 3.5 15 14 Foreign : 14.1 4.8 -13.4 12.5 21 8 =============================================================================== 1/ Final estimate for 1981/82-2008/09 is defined as the first November estimate following the marketing year, and for 2009/10 last month's estimate. 2/ Includes corn, sorghum, barley, oats, rye, millet, and mixed grain. WASDE-483-37 June 2010 Reliability of United States June Projections 1/ =============================================================================== :Differences between proj. & final estimate,1981/82-2009/10 2/ Commodity and :============================================================= region : Avg. : Avg. : Difference : Below final : Above final =============================================================================== CORN :Percent Million bushels Number of years Production : 10.4 766 -3327 2379 16 13 Exports : 15.9 290 -850 588 13 16 Domestic use : 6.9 489 -5888 1095 18 11 Ending stocks : 41.4 623 -2091 1460 15 14 : SORGHUM : Production : 15.7 92 -228 171 13 15 Exports : 19.1 43 -118 97 13 16 Domestic use : 15.0 55 -139 100 13 16 Ending stocks : 44.2 55 -189 191 11 18 : BARLEY : Production : 9.1 31 -73 206 11 18 Exports : 44.2 17 -92 53 15 12 Domestic use : 10.4 35 -72 95 15 14 Ending stocks : 17.3 25 -59 79 12 17 : OATS : Production : 16.0 36 -77 231 7 22 Exports : 65.3 1 -5 8 8 10 Domestic use : 7.5 24 -39 160 10 19 Ending stocks : 17.6 18 -59 77 9 18 : : Thousand short tons SOYBEAN MEAL : Production : 4.7 1475 -3721 4919 18 11 Exports : 16.4 1082 -2650 1964 17 12 Domestic use : 3.9 957 -1800 4650 14 15 Ending stocks : 27.4 66 -204 488 12 14 : : Million pounds SOYBEAN OIL : Production : 4.7 714 -1923 2330 19 10 Exports : 26.4 459 -1700 914 15 14 Domestic use : 3.3 469 -985 2100 17 11 Ending stocks : 30.8 480 -1432 1288 16 12 ------------------------------------------------------------------------------- : ANIMAL PROD. 3/ : Million pounds Beef : 1.5 374 -569 819 18 10 Pork : 1.6 279 -579 676 18 10 Broilers : 1.0 238 -687 596 18 10 Turkeys : 1.4 63 -210 126 17 11 : : Million dozen Eggs : 0.8 48 -83 125 20 8 : : Billion pounds Milk : 0.7 1.1 -3.6 3.9 15 11 =============================================================================== 1/ See pages 35 and 36 for record of reliability for U.S. wheat, rice, soybeans, and cotton. 2/ Final estimate for 1981/82-2008/09 is defined as the first November estimate following the marketing year, and for 2009/10 last month's estimate. 3/ Calendar years 1982 thru 2009 for meats, eggs, and milk. Final for animal products is defined as latest annual production estimate published by NASS. ----- End of File -----