WASDE - 576 - 8 April 2018 World and U.S Supply and Use for Grains 1/ Million Metric Tons ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World Total Grains 4/ 2015/16 2467.34 3061.08 376.64 2434.11 626.97 2016/17 (Est.) 2601.76 3228.73 428.99 2573.39 655.34 2017/18 (Proj.) Mar 2567.01 3221.28 422.93 2583.31 637.97 Apr 2562.23 3217.57 420.66 2577.05 640.52 Wheat 2015/16 735.21 953.90 172.84 711.16 242.74 2016/17 (Est.) 750.68 993.42 183.28 738.83 254.60 2017/18 (Proj.) Mar 758.79 1011.39 182.03 742.50 268.89 Apr 759.75 1014.35 182.01 743.13 271.22 Coarse Grains 5/ 2015/16 1259.19 1506.36 163.46 1254.86 251.50 2016/17 (Est.) 1364.92 1616.42 198.32 1352.78 263.64 2017/18 (Proj.) Mar 1321.96 1586.34 193.56 1360.32 226.02 Apr 1315.01 1578.65 190.51 1353.78 224.88 Rice, milled 2015/16 472.94 600.83 40.34 468.09 132.74 2016/17 (Est.) 486.15 618.89 47.39 481.78 137.11 2017/18 (Proj.) Mar 486.26 623.55 47.34 480.49 143.06 Apr 487.46 624.57 48.14 480.15 144.43 United States Total Grains 4/ 2015/16 429.26 506.00 81.75 348.12 76.14 2016/17 (Est.) 472.56 556.09 96.92 363.41 95.76 2017/18 (Proj.) Mar 437.29 541.46 91.26 364.86 85.34 Apr 437.29 541.30 91.13 362.22 87.95 Wheat 2015/16 56.12 79.66 21.17 31.94 26.55 2016/17 (Est.) 62.83 92.60 28.72 31.75 32.13 2017/18 (Proj.) Mar 47.37 83.72 25.17 30.40 28.15 Apr 47.37 83.72 25.17 29.58 28.96 Coarse Grains 5/ 2015/16 367.01 417.89 57.18 312.60 48.11 2016/17 (Est.) 402.61 454.15 64.50 327.48 62.17 2017/18 (Proj.) Mar 384.26 449.83 62.91 330.65 56.27 Apr 384.26 449.67 62.91 328.83 57.93 Rice, milled 2015/16 6.13 8.45 3.40 3.58 1.48 2016/17 (Est.) 7.12 9.34 3.70 4.17 1.46 2017/18 (Proj.) Mar 5.66 7.91 3.18 3.81 0.93 Apr 5.66 7.92 3.05 3.81 1.06 ================================================================================ WASDE - 576 - 9 April 2018 World and U.S. Supply and Use for Grains, Continued 1/ Million Metric Tons ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use Stocks ================================================================================ Foreign 3/ Total Grains 4/ 2015/16 2038.08 2555.08 294.89 2086.00 550.83 2016/17 (Est.) 2129.20 2672.64 332.07 2209.98 559.58 2017/18 (Proj.) Mar 2129.73 2679.82 331.68 2218.45 552.63 Apr 2124.94 2676.27 329.54 2214.82 552.57 Wheat 2015/16 679.09 874.24 151.67 679.22 216.19 2016/17 (Est.) 687.85 900.82 154.57 707.07 222.46 2017/18 (Proj.) Mar 711.42 927.67 156.86 712.10 240.74 Apr 712.38 930.63 156.84 713.54 242.26 Coarse Grains 5/ 2015/16 892.19 1088.47 106.28 942.26 203.39 2016/17 (Est.) 962.31 1162.27 133.82 1025.30 201.48 2017/18 (Proj.) Mar 937.71 1136.51 130.66 1029.67 169.75 Apr 930.76 1128.99 127.61 1024.95 166.95 Rice, milled 2015/16 466.81 592.38 36.95 464.51 131.26 2016/17 (Est.) 479.03 609.55 43.69 477.61 135.65 2017/18 (Proj.) Mar 480.60 615.64 44.16 476.67 142.14 Apr 481.80 616.65 45.09 476.33 143.37 ================================================================================ World and U.S. Supply and Use for Cotton 1/ Million 480-lb. Bales ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World 2015/16 96.20 206.96 34.97 112.29 94.91 2016/17 (Est.) 106.76 201.67 37.53 114.78 86.80 2017/18 (Proj.) Mar 121.94 209.64 38.83 120.79 88.85 Apr 122.18 208.98 39.06 120.39 88.29 United States 2015/16 12.89 16.57 9.15 3.45 3.80 2016/17 (Est.) 17.17 20.98 14.92 3.25 2.75 2017/18 (Proj.) Mar 21.03 23.79 14.80 3.35 5.50 Apr 21.03 23.79 15.00 3.35 5.30 Foreign 4/ 2015/16 83.31 190.39 25.82 108.84 91.11 2016/17 (Est.) 89.59 180.69 22.61 111.53 84.05 2017/18 (Proj.) Mar 100.91 185.85 24.03 117.44 83.35 Apr 101.15 185.19 24.06 117.04 82.99 ================================================================================ WASDE - 576 - 10 April 2018 World and U.S. Supply and Use for Oilseeds 1/ (Million Metric Tons) ================================================================================ Total Total Ending Commodity Output Supply Trade Use 2/ Stocks ================================================================================ World Oilseeds 2015/16 521.53 614.95 153.34 446.19 91.03 2016/17 (Est.) 574.94 665.97 170.69 470.72 108.75 2017/18 (Proj.) Mar 574.50 683.14 174.66 489.19 107.30 Apr 568.81 677.57 174.09 488.66 103.84 Oilmeals 2015/16 306.26 323.90 86.83 303.26 16.87 2016/17 (Est.) 321.53 338.40 88.39 318.83 16.13 2017/18 (Proj.) Mar 335.29 350.96 90.84 332.11 14.67 Apr 334.27 350.40 89.36 331.45 15.14 Vegetable Oils 2015/16 176.88 201.45 73.53 177.46 21.11 2016/17 (Est.) 189.28 210.38 81.18 184.45 19.99 2017/18 (Proj.) Mar 197.78 217.73 81.03 191.63 21.21 Apr 198.23 218.23 80.94 191.60 21.22 United States Oilseeds 2015/16 115.88 123.76 53.96 55.05 6.87 2016/17 (Est.) 126.93 135.30 60.28 56.26 9.60 2017/18 (Proj.) Mar 131.31 142.33 57.46 57.78 16.92 Apr 131.31 142.33 57.46 58.05 16.81 Oilmeals 2015/16 42.78 47.15 11.18 35.69 0.28 2016/17 (Est.) 43.11 47.31 10.83 36.07 0.41 2017/18 (Proj.) Mar 44.46 48.57 11.59 36.66 0.33 Apr 44.69 48.85 11.68 36.84 0.33 Vegetable Oils 2015/16 11.21 17.03 1.25 14.58 1.20 2016/17 (Est.) 11.43 17.37 1.42 14.72 1.23 2017/18 (Proj.) Mar 11.64 17.76 1.10 15.45 1.20 Apr 11.69 17.88 1.15 15.44 1.31 Foreign 3/ Oilseeds 2015/16 405.65 491.19 99.38 391.14 84.16 2016/17 (Est.) 448.00 530.66 110.41 414.47 99.15 2017/18 (Proj.) Mar 443.19 540.81 117.20 431.41 90.39 Apr 437.51 535.24 116.63 430.61 87.03 Oilmeals 2015/16 263.48 276.76 75.65 267.57 16.60 2016/17 (Est.) 278.42 291.10 77.56 282.76 15.72 2017/18 (Proj.) Mar 290.83 302.38 79.25 295.45 14.34 Apr 289.59 301.55 77.68 294.61 14.81 Vegetable Oils 2015/16 165.67 184.43 72.28 162.88 19.90 2016/17 (Est.) 177.84 193.02 79.76 169.73 18.76 2017/18 (Proj.) Mar 186.14 199.98 79.93 176.18 20.01 Apr 186.54 200.34 79.79 176.17 19.91 ================================================================================ WASDE - 576 - 11 April 2018 U.S. Wheat Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres Area Planted 55.0 50.1 46.0 46.0 Area Harvested 47.3 43.9 37.6 37.6 Bushels Yield per Harvested Acre 43.6 52.7 46.3 46.3 Million Bushels Beginning Stocks 752 976 1181 1181 Production 2062 2309 1741 1741 Imports 113 118 155 155 Supply, Total 2927 3402 3076 3076 Food 957 949 955 955 Seed 67 61 62 62 Feed and Residual 149 156 100 70 Domestic, Total 1174 1167 1117 1087 Exports 778 1055 925 925 Use, Total 1951 2222 2042 2012 Ending Stocks 976 1181 1034 1064 Avg.FarmPrice ($/bu) 2/ 4.89 3.89 4.60-4.70 4.60-4.70 ================================================================================ U.S. Wheat by Class: Supply and Use ================================================================================ Year begining Hard Red Hard Red Soft Red June 1 Winter Spring Winter White Durum Total ================================================================================ Million Bushels 2016/17 (Est.) Beginning Stocks 446 272 157 74 28 976 Production 1082 491 345 286 104 2309 Supply, Total 3/ 1533 805 535 368 162 3402 Domestic Use 489 249 228 99 101 1167 Exports 455 321 92 163 24 1055 Use, Total 943 570 320 263 126 2222 Ending Stocks, Total 589 235 215 105 36 1181 2017/18 (Proj.) Beginning Stocks 589 235 215 105 36 1181 Production 750 385 292 258 55 1741 Supply, Total 3/ 1347 694 524 370 141 3076 Domestic Use 432 269 209 94 83 1087 Exports 370 235 90 210 20 925 Use, Total 802 504 299 304 103 2012 Ending Stocks, Total Apr 545 190 225 66 38 1064 Mar 510 185 228 76 35 1034 ================================================================================ WASDE - 576 - 12 April 2018 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres FEED GRAINS Area Planted 103.2 106.6 100.9 100.9 Area Harvested 93.0 96.5 90.5 90.5 Metric Tons Yield per Harvested Acre 3.94 4.17 4.24 4.24 Million Metric Tons Beginning Stocks 46.9 48.1 62.1 62.1 Production 366.7 402.3 384.0 384.0 Imports 3.7 3.3 3.2 3.0 Supply, Total 417.4 453.6 449.4 449.2 Feed and Residual 135.2 144.6 145.3 143.8 Food, Seed & Industrial 176.9 182.4 184.9 184.6 Domestic, Total 312.1 327.0 330.2 328.4 Exports 57.2 64.5 62.9 62.9 Use, Total 369.3 391.5 393.1 391.3 Ending Stocks 48.1 62.1 56.3 57.9 Million Acres CORN Area Planted 88.0 94.0 90.2 90.2 Area Harvested 80.8 86.7 82.7 82.7 Bushels Yield per Harvested Acre 168.4 174.6 176.6 176.6 Million Bushels Beginning Stocks 1731 1737 2293 2293 Production 13602 15148 14604 14604 Imports 68 57 50 50 Supply, Total 15401 16942 16947 16947 Feed and Residual 5114 5472 5550 5500 Food,Seed& Industrial 2/ 6648 6883 7045 7040 Ethanol & by-products 3/ 5224 5432 5575 5575 Domestic, Total 11763 12356 12595 12540 Exports 1901 2293 2225 2225 Use, Total 13664 14649 14820 14765 Ending Stocks 1737 2293 2127 2182 Avg.FarmPrice ($/bu) 4/ 3.61 3.36 3.15-3.55 3.20-3.50 ================================================================================ WASDE - 576 - 13 April 2018 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 8.5 6.7 5.6 5.6 AreaHarvested(mil.acres) 7.9 6.2 5.0 5.0 Yield (bushels/acre) 76.0 77.9 72.1 72.1 Beginning Stocks 18 37 33 33 Production 597 480 364 364 Imports 5 2 2 2 Supply, Total 620 519 399 399 Feed and Residual 107 130 80 80 Food, Seed & Industrial 137 115 50 45 Total Domestic 244 245 130 125 Exports 340 241 245 245 Use, Total 583 485 375 370 Ending Stocks 37 33 24 29 Avg.FarmPrice ($/bu) 2/ 3.31 2.79 2.95-3.35 3.05-3.35 BARLEY AreaPlanted (mil. acres) 3.6 3.1 2.5 2.5 AreaHarvested(mil.acres) 3.2 2.6 2.0 2.0 Yield (bushels/acre) 69.1 77.9 72.6 72.6 Beginning Stocks 79 102 106 106 Production 218 200 142 142 Imports 19 10 15 10 Supply, Total 315 312 263 258 Feed and Residual 44 39 35 25 Food, Seed & Industrial 158 162 162 162 Total Domestic 202 201 197 187 Exports 11 4 6 6 Use, Total 213 205 203 193 Ending Stocks 102 106 60 65 Avg.FarmPrice ($/bu) 2/ 5.52 4.96 4.20-4.70 4.30-4.70 OATS AreaPlanted (mil. acres) 3.1 2.8 2.6 2.6 AreaHarvested(mil.acres) 1.3 1.0 0.8 0.8 Yield (bushels/acre) 70.2 66.0 61.7 61.7 Beginning Stocks 54 57 50 50 Production 90 65 49 49 Imports 86 90 90 87 Supply, Total 229 212 190 187 Feed and Residual 94 82 90 85 Food, Seed & Industrial 77 76 78 78 Total Domestic 170 158 168 163 Exports 2 3 2 2 Use, Total 172 162 170 165 Ending Stocks 57 50 20 22 Avg.FarmPrice ($/bu) 2/ 2.12 2.06 2.55-2.75 2.50-2.60 ================================================================================ WASDE - 576 - 14 April 2018 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres TOTAL Area Planted 2.63 3.15 2.46 2.46 Area Harvested 2.59 3.10 2.37 2.37 Pounds Yield per Harvested Acre 7472 7237 7507 7507 Million Hundredweight Beginning Stocks 2/ 48.5 46.5 46.0 46.0 Production 193.1 224.1 178.2 178.2 Imports 24.1 23.5 24.9 25.0 Supply, Total 265.8 294.1 249.2 249.3 Domestic & Residual 3/ 112.4 131.4 120.0 120.0 Exports, Total 4/ 107.0 116.7 100.0 96.0 Rough 39.3 42.5 34.0 31.0 Milled (rough equiv.) 67.7 74.2 66.0 65.0 Use, Total 219.3 248.0 220.0 216.0 Ending Stocks 46.5 46.0 29.2 33.3 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 12.20 10.40 12.10-12.90 12.40-12.80 LONG GRAIN Harvested Acres (mil.) 1.85 2.40 1.75 1.75 Yield (pounds/acre) 7219 6927 7314 7314 Beginning Stocks 26.5 22.7 31.0 31.0 Production 133.4 166.5 127.9 127.9 Supply, Total 7/ 180.7 209.4 180.4 180.4 Domestic & Residual 3/ 82.1 99.7 93.0 92.0 Exports 8/ 75.9 78.7 71.0 69.0 Use, Total 158.0 178.4 164.0 161.0 Ending Stocks 22.7 31.0 16.4 19.4 Avg.FarmPrice($/cwt) 6/ 11.20 9.61 11.40-12.00 11.50-11.90 MEDIUM & SHORT GRAIN Harvested Acres (mil.) 0.74 0.69 0.63 0.63 Yield (pounds/acre) 8107 8311 8048 8048 Beginning Stocks 20.2 20.9 11.5 11.5 Production 59.7 57.7 50.4 50.4 Supply, Total 7/ 82.2 81.1 65.3 65.4 Domestic & Residual 3/ 30.3 31.7 27.0 28.0 Exports 8/ 31.0 37.9 29.0 27.0 Use, Total 61.3 69.6 56.0 55.0 Ending Stocks 20.9 11.5 9.3 10.4 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 15.30 13.10 14.60-15.40 14.90-15.50 California 10/ 18.10 14.10 15.50-16.50 16.10-16.90 Other States 1/ 11.20 10.10 11.60-12.20 11.90-12.30 ================================================================================ WASDE - 576 - 15 April 2018 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres SOYBEANS Area Planted 82.7 83.4 90.1 90.1 Area Harvested 81.7 82.7 89.5 89.5 Bushels Yield per Harvested Acre 48.0 52.0 49.1 49.1 Million Bushels Beginning Stocks 191 197 302 302 Production 3926 4296 4392 4392 Imports 24 22 25 25 Supply, Total 4140 4515 4718 4718 Crushings 1886 1901 1960 1970 Exports 1942 2174 2065 2065 Seed 97 105 106 103 Residual 18 34 33 30 Use, Total 3944 4213 4163 4168 Ending Stocks 197 302 555 550 Avg.FarmPrice ($/bu) 2/ 8.95 9.47 9.00-9.60 9.10-9.50 Million Pounds SOYBEAN OIL Beginning Stocks 1855 1687 1711 1711 Production 4/ 21950 22123 22640 22755 Imports 287 319 300 300 Supply, Total 24092 24129 24651 24766 Domestic Disappearance 20162 19862 21000 20800 Biodiesel 3/ 5670 6200 7200 7000 Food, Feed & other Industrial 14492 13661 13800 13800 Exports 2243 2556 1900 2000 Use, Total 22405 22418 22900 22800 Ending stocks 1687 1711 1751 1966 Avg. Price (c/lb) 2/ 29.86 32.48 30.00-33.00 30.50-32.50 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 260 264 401 401 Production 4/ 44672 44787 46299 46549 Imports 403 349 300 400 Supply, Total 45336 45400 47000 47350 Domestic Disappearance 33118 33399 34300 34550 Exports 11954 11601 12400 12500 Use, Total 45072 45000 46700 47050 Ending Stocks 264 401 300 300 Avg. Price ($/s.t.) 2/ 324.56 316.88 325.00-355.00 340.00-360.00 ================================================================================ WASDE - 576 - 16 April 2018 U.S. Sugar Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1815 2054 1876 1876 Production 2/ 8989 8969 9240 9140 Beet Sugar 5119 5103 5219 5139 Cane Sugar 3870 3866 4021 4001 Florida 2173 2055 1992 1973 Hawaii 152 43 0 0 Louisiana 1428 1628 1859 1859 Texas 116 140 170 170 Imports 3341 3244 3467 3472 TRQ 3/ 1620 1611 1788 1788 Other Program 4/ 396 419 400 400 Other 5/ 1325 1213 1279 1284 Mexico 1309 1201 1269 1269 Total Supply 14145 14267 14583 14489 Exports 74 95 150 150 Deliveries 12051 12258 12480 12480 Food 6/ 11881 12102 12325 12325 Other 7/ 170 156 155 155 Miscellaneous -33 38 0 0 Total Use 12091 12391 12630 12630 Ending Stocks 2054 1876 1953 1859 Stocks to Use Ratio 17.0 15.1 15.5 14.7 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Imports 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Raw Value Sugar 2016/17 Est. Mar 1037 5957 93 4851 1234 1002 Apr 1037 5957 93 4851 1234 1002 2017/18 Proj. Mar 1002 6050 170 4886 1347 989 Apr 1002 6050 170 4886 1347 989 ================================================================================ WASDE - 576 - 17 April 2018 U.S. Cotton Supply and Use 1/ ================================================================================ 2015/16 2016/17 Est. 2017/18 Proj. 2017/18 Proj. Item Mar Apr ================================================================================ Million Acres Planted 8.58 10.07 12.61 12.61 Harvested 8.07 9.51 11.35 11.35 Pounds Yield per Harvested Acre 766 867 889 889 Million 480 Pound Bales Beginning Stocks 3.65 3.80 2.75 2.75 Production 12.89 17.17 21.03 21.03 Imports 0.03 0.01 0.01 0.01 Supply, Total 16.57 20.98 23.79 23.79 Domestic Use 3.45 3.25 3.35 3.35 Exports, Total 9.15 14.92 14.80 15.00 Use, Total 12.60 18.17 18.15 18.35 Unaccounted 2/ 0.17 0.06 0.14 0.14 Ending Stocks 3.80 2.75 5.50 5.30 Avg. Farm Price 3/ 61.2 68.0 68.00-70.00 67.00-69.00 ================================================================================ WASDE - 576 - 18 April 2018 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2015/16 World 3/ 218.69 735.21 170.19 136.55 711.16 172.84 242.74 United States 20.48 56.12 3.07 4.07 31.94 21.17 26.55 Total Foreign 198.22 679.09 167.12 132.48 679.22 151.67 216.19 Major Exporters 4/ 29.27 221.65 7.59 65.65 150.59 82.52 25.41 Argentina 4.80 11.30 0.01 0.20 5.70 9.60 0.82 Australia 4.67 22.28 0.15 3.70 7.13 16.12 3.85 Canada 7.10 27.59 0.51 2.75 7.92 22.11 5.18 European Union 5/ 12.70 160.48 6.92 59.00 129.85 34.69 15.56 Major Importers 6/ 114.14 205.41 92.35 27.99 264.14 6.42 141.35 Brazil 0.87 5.54 6.75 0.50 11.10 1.06 1.00 China 76.11 130.19 3.48 10.50 112.00 0.73 97.04 Sel. Mideast 7/ 14.45 19.91 19.19 4.85 37.27 0.55 15.73 N. Africa 8/ 13.22 19.98 27.80 2.33 43.67 0.70 16.63 Pakistan 3.71 25.09 0.02 0.80 24.40 0.60 3.82 Southeast Asia 9/ 3.85 0.00 24.60 8.02 22.30 0.97 5.19 Selected Other India 17.22 86.53 0.47 4.20 88.55 1.13 14.54 FSU-12 20.66 117.96 7.40 26.74 77.78 51.48 16.77 Russia 6.29 61.04 0.82 14.00 37.00 25.54 5.61 Kazakhstan 3.28 13.75 0.07 2.10 6.90 7.60 2.60 Ukraine 5.68 27.27 0.03 5.10 12.20 17.43 3.35 2016/17 Est. World 3/ 242.74 750.68 179.21 147.17 738.83 183.28 254.60 United States 26.55 62.83 3.22 4.26 31.75 28.72 32.13 Total Foreign 216.19 687.85 176.00 142.91 707.07 154.57 222.46 Major Exporters 4/ 25.41 225.74 5.94 65.39 150.92 83.95 22.22 Argentina 0.82 18.40 0.00 0.05 5.15 13.83 0.25 Australia 3.85 30.36 0.14 3.90 7.35 22.64 4.37 Canada 5.18 31.73 0.50 5.44 10.42 20.16 6.84 European Union 5/ 15.56 145.25 5.29 56.00 128.00 27.32 10.77 Major Importers 6/ 141.35 200.07 96.41 36.70 278.15 5.49 154.20 Brazil 1.00 6.73 7.35 0.80 12.20 0.62 2.26 China 97.04 128.85 4.41 16.50 118.50 0.75 111.05 Sel. Mideast 7/ 15.73 20.14 18.11 4.97 38.52 0.53 14.93 N. Africa 8/ 16.63 14.08 28.36 2.35 44.57 0.57 13.92 Pakistan 3.82 25.63 0.00 0.80 24.50 0.60 4.35 Southeast Asia 9/ 5.19 0.00 26.91 9.89 25.47 1.02 5.61 Selected Other India 14.54 87.00 5.90 4.70 97.12 0.52 9.80 FSU-12 16.77 130.47 7.36 28.00 79.07 54.42 21.11 Russia 5.61 72.53 0.50 17.00 40.00 27.81 10.83 Kazakhstan 2.60 14.99 0.08 2.10 6.90 7.40 3.36 Ukraine 3.35 26.79 0.04 3.60 10.30 18.11 1.77 ================================================================================ WASDE - 576 - 19 April 2018 World Wheat Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2017/18 Proj. World 3/ Mar 252.60 758.79 181.75 144.57 742.50 182.03 268.89 Apr 254.60 759.75 181.81 145.71 743.13 182.01 271.22 United States Mar 32.13 47.37 4.22 2.72 30.40 25.17 28.15 Apr 32.13 47.37 4.22 1.91 29.58 25.17 28.96 Total Foreign Mar 220.47 711.42 177.53 141.85 712.10 156.86 240.74 Apr 222.46 712.38 177.60 143.81 713.54 156.84 242.26 Major Exporters 4/ Mar 22.22 221.10 6.16 64.00 149.75 76.00 23.73 Apr 22.22 221.10 6.16 65.50 151.60 75.30 22.58 Argentina Mar 0.25 18.00 0.01 0.10 5.50 12.50 0.26 Apr 0.25 18.00 0.01 0.10 5.20 12.80 0.26 Australia Mar 4.37 21.50 0.15 3.40 6.80 16.00 3.22 Apr 4.37 21.50 0.15 3.40 6.80 16.00 3.22 Canada Mar 6.84 30.00 0.50 3.50 8.70 22.50 6.14 Apr 6.84 30.00 0.50 3.50 8.70 22.50 6.14 European Union 5/ Mar 10.77 151.60 5.50 57.00 128.75 25.00 14.12 Apr 10.77 151.60 5.50 58.50 130.90 24.00 12.97 Major Importers 6/ Mar 152.30 202.53 96.13 31.93 278.99 7.01 164.97 Apr 154.20 203.36 95.48 32.80 279.03 6.83 167.18 Brazil Mar 2.26 4.26 7.80 0.50 12.10 0.60 1.62 Apr 2.26 4.26 7.30 0.50 12.00 0.30 1.52 China Mar 111.05 129.77 4.00 13.50 117.00 1.00 126.82 Apr 111.05 129.77 4.00 13.50 117.00 1.00 126.82 Sel. Mideast 7/ Mar 13.03 19.42 18.25 5.36 40.57 0.94 9.19 Apr 14.93 19.33 18.20 5.36 39.67 1.01 11.78 N. Africa 8/ Mar 13.92 18.15 27.85 2.18 45.08 0.74 14.11 Apr 13.92 18.99 27.35 2.25 45.08 0.79 14.41 Pakistan Mar 4.35 26.50 0.03 1.00 25.00 1.20 4.68 Apr 4.35 26.60 0.03 1.00 25.00 1.20 4.78 Southeast Asia 9/ Mar 5.61 0.00 27.20 8.39 25.14 1.07 6.60 Apr 5.61 0.00 27.40 9.14 26.09 1.07 5.85 India Mar 9.80 98.51 1.50 5.00 98.00 0.50 11.31 Apr 9.80 98.51 1.50 5.00 97.31 0.50 12.00 FSU-12 Mar 21.11 142.75 8.08 32.60 84.09 63.36 24.48 Apr 21.11 142.77 7.94 32.65 84.13 64.83 22.85 Russia Mar 10.83 84.99 0.50 21.50 45.00 37.50 13.82 Apr 10.83 84.99 0.40 21.50 45.00 38.50 12.72 Kazakhstan Mar 3.36 14.80 0.05 2.10 6.90 7.50 3.82 Apr 3.36 14.80 0.06 2.10 6.90 8.00 3.33 Ukraine Mar 1.77 26.98 0.03 3.50 9.90 17.20 1.68 Apr 1.77 26.98 0.03 3.50 9.90 17.20 1.68 ================================================================================ WASDE - 576 - 20 April 2018 World Coarse Grain Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2015/16 World 3/ 247.17 1259.19 181.13 766.99 1254.86 163.46 251.50 United States 46.95 367.01 3.94 135.37 312.60 57.18 48.11 Total Foreign 200.22 892.19 177.19 631.62 942.26 106.28 203.39 Major Exporters 4/ 20.12 153.93 7.90 83.39 112.69 51.63 17.63 Argentina 4.27 38.44 0.00 9.36 14.32 25.22 3.18 Australia 1.53 12.54 0.00 3.96 5.64 6.94 1.50 Brazil 8.24 68.65 3.98 50.47 59.82 14.03 7.01 Canada 3.33 25.62 1.55 13.81 21.25 4.61 4.64 Major Importers 5/ 49.13 246.12 123.95 271.75 353.48 15.71 50.00 European Union 6/ 18.89 152.67 14.26 117.08 157.25 13.11 15.45 Japan 1.77 0.18 17.07 13.29 17.26 0.00 1.76 Mexico 4.83 32.38 14.95 26.72 44.72 1.56 5.89 N. Afr & Mideast 7/ 14.49 32.77 32.75 55.96 64.31 0.11 15.59 Saudi Arabia 3.36 0.36 14.79 13.60 14.11 0.00 4.41 Southeast Asia 8/ 3.66 27.51 15.14 33.06 41.07 0.93 4.31 South Korea 1.89 0.19 10.19 7.83 10.32 0.00 1.95 Selected Other China 101.92 231.49 17.50 166.47 238.79 0.03 112.09 FSU-12 7.92 82.55 0.54 38.26 53.43 31.33 6.25 Russia 2.82 37.43 0.13 20.32 29.72 9.00 1.66 Ukraine 3.29 33.39 0.05 8.74 12.37 21.19 3.17 2016/17 Est. World 3/ 251.50 1364.93 172.59 799.04 1352.78 198.32 263.64 United States 48.11 402.61 3.43 144.75 327.48 64.50 62.17 Total Foreign 203.39 962.31 169.16 654.29 1025.30 133.82 201.48 Major Exporters 4/ 17.63 210.68 2.66 89.54 121.69 77.77 31.51 Argentina 3.18 48.57 0.00 10.77 16.04 29.11 6.60 Australia 1.50 16.63 0.00 4.29 6.16 10.03 1.94 Brazil 7.01 101.58 1.55 53.45 64.03 31.61 14.49 Canada 4.64 25.79 0.94 13.80 21.65 4.81 4.91 Major Importers 5/ 50.00 242.26 120.79 276.17 358.38 11.03 43.64 European Union 6/ 15.45 152.59 15.83 120.07 160.69 8.07 15.11 Japan 1.76 0.17 17.00 13.25 17.25 0.00 1.68 Mexico 5.89 33.26 15.24 27.95 46.85 1.54 6.01 N. Afr & Mideast 7/ 15.59 26.21 34.14 55.38 63.20 0.16 12.59 Saudi Arabia 4.41 0.36 11.52 13.22 13.73 0.00 2.56 Southeast Asia 8/ 4.31 29.40 13.50 34.96 42.77 1.27 3.16 South Korea 1.95 0.20 9.29 7.24 9.59 0.00 1.85 Selected Other China 112.09 226.87 16.06 173.90 252.95 0.11 101.95 FSU-12 6.25 92.15 0.76 40.70 55.97 36.58 6.61 Russia 1.66 40.77 0.28 22.58 32.13 8.56 2.02 Ukraine 3.17 39.22 0.04 9.06 12.53 26.90 3.00 ================================================================================ WASDE - 576 - 21 April 2018 World Coarse Grain Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2017/18 Proj. World 3/ Mar 264.38 1321.96 185.32 818.70 1360.32 193.56 226.02 Apr 263.64 1315.01 184.91 814.08 1353.78 190.51 224.88 United States Mar 62.17 384.26 3.40 145.42 330.65 62.91 56.27 Apr 62.17 384.26 3.24 143.85 328.83 62.91 57.93 Total Foreign Mar 202.21 937.71 181.92 673.28 1029.67 130.66 169.75 Apr 201.48 930.76 181.67 670.23 1024.95 127.61 166.95 Major Exporters 4/ Mar 31.42 191.30 2.53 91.42 123.67 75.81 25.77 Apr 31.51 185.33 2.43 90.09 121.97 72.91 24.39 Argentina Mar 6.85 43.45 0.01 10.72 16.38 27.61 6.32 Apr 6.60 39.79 0.01 9.39 14.72 26.71 4.97 Australia Mar 1.94 10.90 0.00 2.99 4.86 6.93 1.05 Apr 1.94 10.90 0.00 2.99 4.86 6.93 1.05 Brazil Mar 14.49 97.29 0.95 55.44 65.89 35.02 11.82 Apr 14.49 94.79 0.95 55.44 65.89 33.02 11.32 Canada Mar 4.91 26.21 1.26 15.89 23.65 4.55 4.18 Apr 4.91 26.21 1.26 15.89 23.65 4.55 4.18 Major Importers 5/ Mar 43.67 244.08 132.26 285.78 368.20 10.75 41.06 Apr 43.64 244.26 131.60 284.84 368.14 10.79 40.57 European Union 6/ Mar 15.11 151.64 16.91 120.38 161.00 8.51 14.16 Apr 15.11 151.64 16.91 119.68 161.00 8.51 14.16 Japan Mar 1.69 0.19 16.72 13.07 17.06 0.00 1.53 Apr 1.68 0.19 16.72 13.07 17.06 0.00 1.53 Mexico Mar 6.02 32.08 16.90 29.37 48.34 1.30 5.36 Apr 6.01 32.38 16.53 29.38 48.31 1.30 5.30 N. Afr & Mideast 7/ Mar 12.59 29.99 40.14 61.63 69.63 0.12 12.97 Apr 12.59 29.99 40.83 62.33 70.33 0.12 12.97 Saudi Arabia Mar 2.56 0.36 12.51 13.05 13.61 0.00 1.82 Apr 2.56 0.36 12.51 13.05 13.61 0.00 1.82 Southeast Asia 8/ Mar 3.17 29.54 14.72 36.26 43.86 0.83 2.73 Apr 3.16 29.43 14.22 35.66 43.46 0.87 2.48 South Korea Mar 1.85 0.20 9.77 7.54 10.01 0.00 1.82 Apr 1.85 0.20 9.79 7.54 10.03 0.00 1.82 China Mar 101.95 223.39 17.10 179.12 261.98 0.08 80.38 Apr 101.95 223.39 17.30 179.32 262.18 0.08 80.38 FSU-12 Mar 6.61 89.47 0.72 39.67 54.75 36.79 5.26 Apr 6.61 88.76 0.72 38.72 53.80 36.99 5.30 Russia Mar 2.02 41.71 0.11 22.57 32.12 10.06 1.67 Apr 2.02 41.71 0.11 22.47 32.02 10.16 1.67 Ukraine Mar 3.00 34.07 0.03 6.69 10.00 25.11 1.99 Apr 3.00 34.07 0.03 6.69 10.00 25.11 1.99 ================================================================================ WASDE - 576 - 22 April 2018 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2015/16 World 3/ 209.73 972.21 139.23 601.58 968.01 119.74 213.93 United States 43.97 345.51 1.72 129.91 298.79 48.29 44.12 Total Foreign 165.75 626.70 137.51 471.67 669.22 71.45 169.81 Major Exporters 4/ 13.19 104.71 5.67 60.70 77.77 36.48 9.32 Argentina 2.90 29.50 0.00 6.00 9.30 21.64 1.46 Brazil 7.84 67.00 3.42 49.00 57.50 14.00 6.77 South Africa 2.45 8.21 2.24 5.70 10.97 0.84 1.10 Major Importers 5/ 23.17 118.33 81.63 144.80 196.29 4.44 22.40 Egypt 2.36 6.00 8.72 12.45 14.85 0.01 2.22 European Union 6/ 9.63 58.75 13.79 55.50 73.50 1.95 6.72 Japan 1.35 0.00 15.20 11.60 15.20 0.00 1.35 Mexico 4.09 25.97 14.01 20.30 37.30 1.56 5.21 Southeast Asia 7/ 3.65 27.46 15.13 33.00 41.00 0.93 4.30 South Korea 1.86 0.08 10.12 7.80 10.12 0.00 1.94 Selected Other 0.00 Canada 1.40 13.56 1.37 7.10 12.38 1.74 2.21 China 100.47 224.63 3.17 153.50 217.50 0.00 110.77 FSU-12 3.16 39.87 0.38 16.62 19.33 21.49 2.59 Ukraine 1.52 23.33 0.03 5.50 6.90 16.60 1.39 2016/17 Est. World 3/ 213.93 1075.49 135.64 632.05 1058.53 159.78 230.90 United States 44.12 384.78 1.45 139.01 313.86 58.24 58.25 Total Foreign 169.81 690.72 134.19 493.05 744.67 101.54 172.64 Major Exporters 4/ 9.32 157.05 0.87 65.63 84.83 59.79 22.63 Argentina 1.46 41.00 0.00 7.50 11.20 25.99 5.28 Brazil 6.77 98.50 0.85 51.00 60.50 31.60 14.02 South Africa 1.10 17.55 0.01 7.13 13.13 2.20 3.33 Major Importers 5/ 22.40 124.51 80.62 147.96 200.71 4.98 21.84 Egypt 2.22 6.00 8.77 12.70 15.10 0.01 1.89 European Union 6/ 6.72 61.45 15.24 55.00 73.70 2.17 7.54 Japan 1.35 0.00 15.17 11.60 15.20 0.00 1.32 Mexico 5.21 27.58 14.57 22.50 40.40 1.54 5.42 Southeast Asia 7/ 4.30 29.35 13.48 34.90 42.70 1.26 3.16 South Korea 1.94 0.08 9.23 7.21 9.41 0.00 1.83 Selected Other 0.00 Canada 2.21 13.19 0.85 7.10 12.70 1.52 2.04 China 110.77 219.55 2.46 162.00 232.00 0.08 100.71 FSU-12 2.59 47.27 0.35 17.30 20.08 27.15 2.97 Ukraine 1.39 27.97 0.03 5.10 6.50 21.33 1.55 ================================================================================ WASDE - 576 - 23 April 2018 World Corn Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2017/18 Proj. World 3/ Mar 231.86 1041.74 147.65 653.85 1074.43 155.93 199.17 Apr 230.90 1036.07 146.56 650.03 1069.19 152.57 197.78 United States Mar 58.25 370.96 1.27 140.98 319.93 56.52 54.04 Apr 58.25 370.96 1.27 139.71 318.53 56.52 55.44 Total Foreign Mar 173.60 670.78 146.38 512.87 754.50 99.42 145.13 Apr 172.64 665.11 145.29 510.32 750.66 96.06 142.35 Major Exporters 4/ Mar 22.78 143.50 0.51 66.80 86.20 61.70 18.88 Apr 22.63 138.20 0.41 65.80 85.00 58.70 17.53 Argentina Mar 5.76 36.00 0.01 7.50 11.50 25.00 5.27 Apr 5.28 33.00 0.01 6.50 10.30 24.00 3.98 Brazil Mar 14.02 94.50 0.40 53.00 62.50 35.00 11.42 Apr 14.02 92.00 0.40 53.00 62.50 33.00 10.92 South Africa Mar 3.00 13.00 0.10 6.30 12.20 1.70 2.20 Apr 3.33 13.20 0.00 6.30 12.20 1.70 2.63 Major Importers 5/ Mar 21.86 123.29 86.60 154.35 207.30 4.13 20.31 Apr 21.84 123.47 85.30 152.70 206.55 4.17 19.89 Egypt Mar 1.89 6.00 10.00 13.40 15.90 0.01 1.98 Apr 1.89 6.00 10.00 13.40 15.90 0.01 1.98 European Union 6/ Mar 7.54 61.14 16.20 57.00 75.80 2.00 7.08 Apr 7.54 61.14 16.20 56.30 75.80 2.00 7.08 Japan Mar 1.32 0.00 15.00 11.50 15.10 0.00 1.22 Apr 1.32 0.00 15.00 11.50 15.10 0.00 1.22 Mexico Mar 5.42 26.50 16.50 24.30 42.30 1.30 4.82 Apr 5.42 26.80 16.20 24.30 42.30 1.30 4.82 Southeast Asia 7/ Mar 3.17 29.49 14.70 36.20 43.80 0.82 2.73 Apr 3.16 29.38 14.20 35.60 43.40 0.86 2.48 South Korea Mar 1.83 0.08 9.70 7.50 9.80 0.00 1.81 Apr 1.83 0.08 9.70 7.50 9.80 0.00 1.81 Canada Mar 2.04 14.10 1.20 8.60 14.20 1.30 1.84 Apr 2.04 14.10 1.20 8.60 14.20 1.30 1.84 China Mar 100.71 215.89 4.00 167.00 241.00 0.05 79.55 Apr 100.71 215.89 4.00 167.00 241.00 0.05 79.55 FSU-12 Mar 2.97 42.03 0.45 15.28 17.96 25.26 2.23 Apr 2.97 41.93 0.45 15.18 17.86 25.26 2.23 Ukraine Mar 1.55 24.12 0.03 3.50 4.80 20.00 0.89 Apr 1.55 24.12 0.03 3.50 4.80 20.00 0.89 ================================================================================ WASDE - 576 - 24 April 2018 World Rice Supply and Use (Milled Basis) 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2015/16 World 3/ 127.89 472.94 38.33 468.09 40.34 132.74 United States 1.55 6.13 0.77 3.58 3.40 1.48 Total Foreign 126.33 466.81 37.56 464.51 36.95 131.26 Major Exporters 4/ 31.64 154.59 0.61 127.97 29.40 29.48 India 17.80 104.41 0.00 93.57 10.24 18.40 Pakistan 1.31 6.80 0.01 2.80 4.20 1.12 Thailand 11.27 15.80 0.30 9.10 9.87 8.40 Vietnam 1.26 27.58 0.30 22.50 5.09 1.56 Major Importers 5/ 11.80 63.28 12.24 76.66 0.84 9.82 Brazil 0.64 7.21 0.90 7.90 0.55 0.31 European Union 6/ 1.15 2.05 1.80 3.55 0.27 1.18 Indonesia 4.11 36.20 1.00 37.80 0.00 3.51 Nigeria 1.77 3.53 2.10 6.00 0.00 1.40 Philippines 2.41 11.00 1.60 12.90 0.00 2.11 Sel. Mideast 7/ 1.23 1.89 3.25 5.58 0.00 0.80 Selected Other 0.00 Burma 0.75 12.16 0.03 10.40 1.30 1.24 C. Amer & Carib 8/ 0.44 1.48 1.90 3.29 0.04 0.50 China 69.00 145.77 4.80 140.80 0.27 78.50 Egypt 0.92 4.00 0.10 3.90 0.20 0.92 Japan 2.82 7.67 0.71 8.60 0.05 2.55 Mexico 0.17 0.16 0.69 0.89 0.00 0.13 South Korea 1.41 4.33 0.31 4.21 0.00 1.83 2016/17 Est. World 3/ 132.74 486.15 41.16 481.78 47.39 137.11 United States 1.48 7.12 0.75 4.17 3.70 1.46 Total Foreign 131.26 479.03 40.41 477.61 43.69 135.65 Major Exporters 4/ 29.48 163.15 0.76 132.88 33.48 27.04 India 18.40 109.70 0.00 95.78 11.77 20.55 Pakistan 1.12 6.85 0.01 3.10 3.60 1.28 Thailand 8.40 19.20 0.25 12.00 11.62 4.24 Vietnam 1.56 27.40 0.50 22.00 6.49 0.97 Major Importers 5/ 9.82 65.94 11.94 77.11 1.15 9.44 Brazil 0.31 8.38 0.60 8.00 0.80 0.49 European Union 6/ 1.18 2.07 1.83 3.65 0.32 1.12 Indonesia 3.51 36.86 0.30 37.50 0.00 3.17 Nigeria 1.40 3.65 2.50 6.20 0.00 1.35 Philippines 2.11 11.69 1.10 12.90 0.00 2.00 Sel. Mideast 7/ 0.80 1.96 3.97 5.73 0.00 1.00 Selected Other 0.00 Burma 1.24 12.65 0.01 10.00 3.35 0.55 C. Amer & Carib 8/ 0.50 1.67 1.80 3.39 0.03 0.55 China 78.50 144.95 5.30 141.45 0.81 86.50 Egypt 0.92 4.80 0.10 4.30 0.10 1.43 Japan 2.55 7.78 0.71 8.50 0.05 2.49 Mexico 0.13 0.18 0.87 0.92 0.09 0.17 South Korea 1.83 4.20 0.41 4.71 0.00 1.73 ================================================================================ WASDE - 576 - 25 April 2018 World Rice Supply and Use (Milled Basis) 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2017/18 Proj. World 3/ Mar 137.29 486.26 46.61 480.49 47.34 143.06 Apr 137.11 487.46 47.55 480.15 48.14 144.42 United States Mar 1.46 5.66 0.79 3.81 3.18 0.93 Apr 1.46 5.66 0.79 3.81 3.05 1.06 Total Foreign Mar 135.82 480.60 45.82 476.68 44.16 142.14 Apr 135.65 481.80 46.75 476.34 45.09 143.37 Major Exporters 4/ Mar 27.04 166.05 0.65 134.45 33.70 25.59 Apr 27.04 166.32 0.65 134.02 34.40 25.59 India Mar 20.55 110.00 0.00 97.55 13.00 20.00 Apr 20.55 110.00 0.00 97.35 13.20 20.00 Pakistan Mar 1.28 7.20 0.00 3.30 3.80 1.38 Apr 1.28 7.50 0.00 3.40 4.00 1.38 Thailand Mar 4.24 20.40 0.25 11.50 10.20 3.19 Apr 4.24 20.37 0.25 11.17 10.50 3.19 Vietnam Mar 0.97 28.45 0.40 22.10 6.70 1.02 Apr 0.97 28.45 0.40 22.10 6.70 1.02 Major Importers 5/ Mar 9.64 65.92 13.00 77.67 0.91 9.97 Apr 9.44 66.50 13.45 77.72 1.01 10.65 Brazil Mar 0.64 7.82 0.70 8.03 0.60 0.54 Apr 0.49 8.08 0.70 8.10 0.70 0.47 European Union 6/ Mar 1.12 2.09 1.90 3.75 0.28 1.08 Apr 1.12 2.09 1.90 3.75 0.28 1.08 Indonesia Mar 3.17 37.00 0.80 37.40 0.00 3.56 Apr 3.17 37.00 1.30 37.40 0.00 4.06 Nigeria Mar 1.35 3.65 2.60 6.40 0.00 1.21 Apr 1.35 3.65 2.60 6.40 0.00 1.21 Philippines Mar 2.00 11.97 1.30 12.90 0.00 2.37 Apr 2.00 12.30 1.40 13.00 0.00 2.70 Sel. Mideast 7/ Mar 1.05 1.96 3.85 5.95 0.00 0.90 Apr 1.00 1.96 3.70 5.83 0.00 0.83 Burma Mar 0.55 12.95 0.01 10.00 3.30 0.21 Apr 0.55 13.20 0.01 9.90 3.50 0.36 C. Amer & Carib 8/ Mar 0.55 1.71 1.89 3.51 0.03 0.61 Apr 0.55 1.71 1.89 3.51 0.03 0.60 China Mar 86.50 145.99 5.50 142.70 1.30 93.99 Apr 86.50 145.99 5.50 142.70 1.30 93.99 Egypt Mar 1.47 4.30 0.05 4.40 0.10 1.32 Apr 1.43 4.30 0.05 4.40 0.05 1.33 Japan Mar 2.46 7.60 0.69 8.45 0.06 2.24 Apr 2.49 7.59 0.69 8.45 0.05 2.27 Mexico Mar 0.17 0.19 0.85 0.92 0.09 0.20 Apr 0.17 0.19 0.86 0.92 0.09 0.21 South Korea Mar 1.73 3.97 0.41 4.87 0.01 1.23 Apr 1.73 3.97 0.41 4.87 0.01 1.23 ================================================================================ WASDE - 576 - 26 April 2018 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending ================================================================================ 2015/16 World 110.76 96.20 35.42 112.29 34.97 0.20 94.91 United States 3.65 12.89 0.03 3.45 9.15 0.17 3.80 Total Foreign 107.11 83.31 35.39 108.84 25.82 0.04 91.11 Major Exporters 4/ 29.42 46.55 1.77 32.48 22.71 -0.05 22.61 Central Asia 5/ 3.16 5.97 3/ 2.63 4.16 0.00 2.34 Afr. Fr. Zone 6/ 2.15 4.20 3/ 0.13 4.87 0.00 1.34 S. Hemis 7/ 10.35 9.97 0.25 4.22 7.67 -0.06 8.74 Australia 1.82 2.85 3/ 0.04 2.83 -0.08 1.88 Brazil 7.08 5.90 0.09 3.10 4.31 0.00 5.66 India 13.49 25.90 1.07 24.75 5.76 0.00 9.94 Major Importers 8/ 75.89 34.00 31.30 72.20 2.07 0.09 66.83 Mexico 0.69 0.94 0.98 1.85 0.13 0.03 0.61 China 66.92 22.00 4.41 35.00 0.13 0.00 58.20 European Union 9/ 0.34 1.28 0.80 0.81 1.31 0.00 0.30 Turkey 1.60 2.65 4.22 6.70 0.23 0.00 1.53 Pakistan 2.89 7.00 3.30 10.30 0.25 0.03 2.62 Indonesia 0.60 0.01 2.94 3.00 0.02 0.00 0.53 Thailand 0.22 3/ 1.28 1.27 0.00 0.03 0.20 Bangladesh 1.33 0.12 6.40 6.30 0.00 0.01 1.54 Vietnam 0.68 3/ 4.50 4.40 0.00 0.00 0.78 2016/17 Est. World 94.91 106.76 37.60 114.78 37.53 0.16 86.80 United States 3.80 17.17 0.01 3.25 14.92 0.06 2.75 Total Foreign 91.11 89.59 37.59 111.53 22.61 0.10 84.05 Major Exporters 4/ 22.61 50.75 3.63 31.97 19.37 0.01 25.65 Central Asia 5/ 2.34 5.99 3/ 2.89 2.99 0.00 2.44 Afr. Fr. Zone 6/ 1.34 5.09 3/ 0.13 4.52 0.01 1.77 S. Hemis 7/ 8.74 12.31 0.37 4.29 7.05 -0.02 10.10 Australia 1.88 4.05 3/ 0.04 3.73 -0.03 2.19 Brazil 5.66 7.00 0.19 3.20 2.79 0.00 6.86 India 9.94 27.00 2.74 24.00 4.55 0.00 11.13 Major Importers 8/ 66.83 35.86 31.78 75.57 2.04 0.09 56.78 Mexico 0.61 0.76 1.00 1.75 0.15 0.03 0.44 China 58.20 22.75 5.03 37.50 0.06 0.00 48.42 European Union 9/ 0.30 1.31 0.70 0.72 1.33 0.00 0.27 Turkey 1.53 3.20 3.68 6.50 0.33 0.00 1.58 Pakistan 2.62 7.70 2.40 10.30 0.13 0.03 2.27 Indonesia 0.53 0.01 3.39 3.30 0.01 0.00 0.62 Thailand 0.20 3/ 1.23 1.20 0.00 0.03 0.20 Bangladesh 1.54 0.13 6.70 6.70 0.00 0.01 1.66 Vietnam 0.78 3/ 5.50 5.40 0.00 0.00 0.88 ================================================================================ WASDE - 576 - 27 April 2018 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2017/18 Proj. World Mar 87.70 121.94 38.83 120.79 38.83 0.00 88.85 Apr 86.80 122.18 39.05 120.39 39.06 0.30 88.29 United States Mar 2.75 21.03 0.01 3.35 14.80 0.14 5.50 Apr 2.75 21.03 0.01 3.35 15.00 0.14 5.30 Total Foreign Mar 84.95 100.91 38.82 117.44 24.03 -0.14 83.35 Apr 84.05 101.15 39.04 117.04 24.06 0.16 82.99 Major Exporters 4/ Mar 26.55 54.53 2.46 32.94 20.33 -0.28 30.56 Apr 25.65 55.22 2.41 32.64 20.51 0.02 30.12 Central Asia 5/ Mar 2.39 6.20 3/ 3.20 2.68 0.00 2.71 Apr 2.44 6.20 3/ 3.20 2.76 0.00 2.68 Afr. Fr. Zone 6/ Mar 1.77 5.16 3/ 0.13 4.19 0.00 2.62 Apr 1.77 5.16 3/ 0.13 4.19 0.00 2.62 S. Hemis 7/ Mar 11.05 14.21 0.26 4.47 8.99 -0.29 12.36 Apr 10.10 14.90 0.21 4.47 8.79 0.01 11.95 Australia Mar 2.39 4.70 3/ 0.04 4.40 -0.15 2.81 Apr 2.19 4.70 3/ 0.04 4.20 0.00 2.66 Brazil Mar 7.61 8.00 0.10 3.40 4.20 -0.15 8.26 Apr 6.86 8.70 0.05 3.40 4.20 0.00 8.01 India Mar 11.13 28.50 1.70 24.50 4.20 0.00 12.63 Apr 11.13 28.50 1.70 24.20 4.50 0.00 12.63 Major Importers 8/ Mar 56.78 42.89 33.87 80.39 2.37 0.09 50.70 Apr 56.78 42.90 34.12 80.34 2.37 0.09 51.01 Mexico Mar 0.44 1.54 0.88 1.85 0.30 0.03 0.68 Apr 0.44 1.54 0.98 1.85 0.35 0.03 0.73 China Mar 48.42 27.50 5.10 40.00 0.05 0.00 40.97 Apr 48.42 27.50 5.10 40.00 0.05 0.00 40.97 European Union 9/ Mar 0.27 1.52 0.71 0.74 1.41 0.00 0.36 Apr 0.27 1.52 0.71 0.74 1.41 0.00 0.36 Turkey Mar 1.58 4.00 3.80 7.10 0.35 0.00 1.93 Apr 1.58 4.00 3.80 7.10 0.35 0.00 1.93 Pakistan Mar 2.27 8.20 2.70 10.40 0.25 0.03 2.49 Apr 2.27 8.20 2.90 10.40 0.20 0.03 2.74 Indonesia Mar 0.62 3/ 3.50 3.45 0.01 0.00 0.67 Apr 0.62 3/ 3.40 3.35 0.01 0.00 0.67 Thailand Mar 0.20 3/ 1.05 1.05 0.00 0.03 0.18 Apr 0.20 3/ 1.00 1.00 0.00 0.03 0.18 Bangladesh Mar 1.66 0.13 7.40 7.30 0.00 0.01 1.87 Apr 1.66 0.14 7.40 7.30 0.00 0.01 1.88 Vietnam Mar 0.88 3/ 6.70 6.45 0.00 0.00 1.14 Apr 0.88 3/ 6.80 6.55 0.00 0.00 1.14 ================================================================================ WASDE - 576 - 28 April 2018 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2015/16 World 2/ 77.90 313.77 133.33 275.15 313.94 132.56 78.50 United States 5.19 106.86 0.64 51.34 54.47 52.86 5.35 Total Foreign 72.71 206.91 132.69 223.82 259.47 79.70 73.14 Major Exporters 3/ 50.88 164.73 1.12 86.89 94.65 71.88 50.19 Argentina 31.70 56.80 0.68 43.27 47.65 9.92 31.60 Brazil 19.08 96.50 0.41 39.75 43.05 54.38 18.56 Paraguay 0.07 9.22 0.01 3.80 3.86 5.40 0.03 Major Importers 4/ 18.85 15.48 113.50 106.83 127.77 0.32 19.73 China 17.01 11.79 83.23 81.50 95.00 0.11 16.91 European Union 0.84 2.32 15.12 14.95 16.58 0.14 1.56 Japan 0.21 0.24 3.19 2.28 3.38 0.00 0.26 Mexico 0.11 0.34 4.13 4.40 4.43 0.00 0.15 2016/17 Est. World 2/ 78.50 350.76 144.33 288.23 329.41 147.46 96.72 United States 5.35 116.92 0.61 51.74 55.51 59.16 8.21 Total Foreign 73.14 233.84 143.72 236.48 273.90 88.30 88.51 Major Exporters 3/ 50.19 185.78 1.94 88.13 96.14 79.42 62.36 Argentina 31.60 57.80 1.67 43.30 47.83 7.03 36.22 Brazil 18.56 114.10 0.25 40.90 44.30 63.14 25.47 Paraguay 0.03 10.67 0.01 3.85 3.92 6.13 0.66 Major Importers 4/ 19.73 16.75 122.60 113.20 135.89 0.39 22.81 China 16.91 12.90 93.50 88.00 102.80 0.11 20.39 European Union 1.56 2.38 13.42 14.40 16.04 0.22 1.10 Japan 0.26 0.24 3.18 2.39 3.45 0.00 0.22 Mexico 0.15 0.51 4.13 4.60 4.64 0.00 0.15 2017/18 Proj. World 2/ Mar 96.65 340.86 151.27 300.86 343.78 150.60 94.40 Apr 96.72 334.81 151.71 299.22 342.03 150.40 90.80 United States Mar 8.21 119.52 0.68 53.34 57.11 56.20 15.10 Apr 8.21 119.52 0.68 53.62 57.23 56.20 14.97 Total Foreign Mar 88.44 221.34 150.59 247.52 286.67 94.40 79.30 Apr 88.51 215.29 151.03 245.61 284.80 94.20 75.83 Major Exporters 3/ Mar 62.36 171.40 2.61 89.78 97.99 85.20 53.18 Apr 62.36 165.90 2.61 88.00 96.22 84.70 49.95 Argentina Mar 36.22 47.00 2.40 43.00 47.62 6.80 31.20 Apr 36.22 40.00 2.40 41.23 45.85 4.20 28.58 Brazil Mar 25.47 113.00 0.20 43.00 46.50 70.50 21.67 Apr 25.47 115.00 0.20 43.00 46.50 73.10 21.07 Paraguay Mar 0.66 9.20 0.01 3.70 3.78 5.80 0.29 Apr 0.66 9.20 0.01 3.70 3.78 5.80 0.29 Major Importers 4/ Mar 22.82 18.20 127.30 120.75 144.73 0.50 23.09 Apr 22.81 18.13 127.45 120.95 144.93 0.50 22.95 China Mar 20.39 14.20 97.00 95.00 110.80 0.15 20.64 Apr 20.39 14.20 97.00 95.00 110.80 0.15 20.64 European Union Mar 1.14 2.50 14.00 14.50 16.15 0.30 1.19 Apr 1.10 2.50 14.00 14.60 16.25 0.30 1.05 Japan Mar 0.21 0.26 3.25 2.35 3.51 0.00 0.21 Apr 0.22 0.26 3.25 2.35 3.52 0.00 0.21 Mexico Mar 0.15 0.48 4.25 4.72 4.76 0.00 0.12 Apr 0.15 0.48 4.40 4.87 4.91 0.00 0.12 ================================================================================ WASDE - 576 - 29 April 2018 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2015/16 World 2/ 13.88 215.96 61.75 213.08 65.43 13.09 United States 0.24 40.53 0.37 30.04 10.84 0.24 Total Foreign 13.64 175.44 61.38 183.03 54.58 12.85 Major Exporters 3/ 8.39 68.36 0.07 23.60 46.15 7.07 Argentina 4.03 33.21 0.00 2.67 30.33 4.23 Brazil 3.81 30.75 0.03 16.47 15.41 2.71 India 0.55 4.40 0.05 4.46 0.41 0.13 Major Importers 4/ 2.25 16.42 36.47 52.37 0.51 2.26 European Union 0.86 11.81 19.21 30.74 0.30 0.83 Southeast Asia 5/ 1.28 2.89 15.54 18.17 0.21 1.33 2016/17 Est. World 2/ 13.09 225.81 60.57 222.34 64.64 12.48 United States 0.24 40.63 0.32 30.30 10.52 0.36 Total Foreign 12.85 185.18 60.25 192.05 54.12 12.11 Major Exporters 3/ 7.07 71.74 0.05 24.50 47.10 7.26 Argentina 4.23 33.28 0.00 2.85 31.32 3.34 Brazil 2.71 31.66 0.04 16.94 13.76 3.70 India 0.13 6.80 0.01 4.71 2.01 0.22 Major Importers 4/ 2.26 16.16 36.57 52.81 0.53 1.64 European Union 0.83 11.38 18.89 30.44 0.33 0.33 Southeast Asia 5/ 1.33 2.98 16.06 18.95 0.20 1.21 2017/18 Proj. World 2/ Mar 12.11 236.70 63.26 233.66 66.69 11.71 Apr 12.48 235.12 61.80 232.19 65.39 11.82 United States Mar 0.36 42.00 0.27 31.12 11.25 0.27 Apr 0.36 42.23 0.36 31.34 11.34 0.27 Total Foreign Mar 11.75 194.70 62.98 202.55 55.44 11.43 Apr 12.11 192.89 61.44 200.84 54.05 11.55 Major Exporters 3/ Mar 7.41 73.70 0.04 26.53 47.75 6.87 Apr 7.26 71.64 0.04 25.48 46.55 6.91 Argentina Mar 3.33 33.28 0.00 3.00 30.80 2.81 Apr 3.34 31.60 0.00 2.90 29.50 2.54 Brazil Mar 3.60 33.40 0.03 17.98 15.25 3.80 Apr 3.70 33.40 0.03 17.48 15.45 4.20 India Mar 0.48 7.02 0.01 5.55 1.70 0.26 Apr 0.22 6.64 0.01 5.10 1.60 0.17 Major Importers 4/ Mar 1.25 16.48 37.53 53.29 0.51 1.45 Apr 1.64 16.52 37.13 53.26 0.51 1.52 European Union Mar 0.23 11.46 19.20 30.34 0.30 0.24 Apr 0.33 11.53 18.90 30.19 0.30 0.27 Southeast Asia 5/ Mar 0.98 3.25 16.63 19.48 0.21 1.17 Apr 1.21 3.21 16.58 19.59 0.21 1.20 ================================================================================ WASDE - 576 - 30 April 2018 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2015/16 World 2/ 4.31 51.56 11.64 52.07 11.77 3.67 United States 0.84 9.96 0.13 9.15 1.02 0.77 Total Foreign 3.47 41.60 11.51 42.93 10.75 2.90 Major Exporters 3/ 0.95 18.90 0.39 11.41 8.16 0.67 Argentina 0.37 8.43 0.00 2.83 5.70 0.27 Brazil 0.39 7.63 0.07 6.29 1.55 0.24 European Union 0.20 2.84 0.33 2.29 0.92 0.16 Major Importers 4/ 1.57 15.92 6.85 22.90 0.17 1.27 China 0.78 14.61 0.59 15.35 0.10 0.52 India 0.52 0.99 4.27 5.20 0.00 0.58 North Africa 5/ 0.27 0.32 2.00 2.35 0.07 0.17 2016/17 Est. World 2/ 3.67 53.86 10.90 53.66 11.29 3.48 United States 0.77 10.04 0.15 9.01 1.16 0.78 Total Foreign 2.90 43.83 10.76 44.65 10.13 2.70 Major Exporters 3/ 0.67 18.98 0.35 11.77 7.46 0.77 Argentina 0.27 8.40 0.00 2.97 5.39 0.31 Brazil 0.24 7.85 0.06 6.59 1.24 0.32 European Union 0.16 2.74 0.29 2.21 0.83 0.15 Major Importers 4/ 1.27 17.89 5.81 23.68 0.21 1.08 China 0.52 15.77 0.71 16.35 0.12 0.54 India 0.58 1.62 3.53 5.30 0.00 0.43 North Africa 5/ 0.17 0.50 1.56 2.03 0.09 0.11 2017/18 Proj. World 2/ Mar 3.39 56.16 10.75 56.28 10.89 3.14 Apr 3.48 55.74 10.26 55.75 10.61 3.12 United States Mar 0.78 10.27 0.14 9.53 0.86 0.79 Apr 0.78 10.32 0.14 9.44 0.91 0.89 Total Foreign Mar 2.62 45.89 10.62 46.75 10.02 2.35 Apr 2.70 45.42 10.12 46.32 9.70 2.22 Major Exporters 3/ Mar 0.77 19.41 0.31 12.46 7.39 0.64 Apr 0.77 18.97 0.31 12.42 7.00 0.64 Argentina Mar 0.31 8.40 0.00 3.39 5.12 0.20 Apr 0.31 7.95 0.00 3.29 4.75 0.22 Brazil Mar 0.32 8.25 0.06 6.92 1.45 0.26 Apr 0.32 8.25 0.06 6.92 1.45 0.26 European Union Mar 0.15 2.76 0.25 2.16 0.82 0.18 Apr 0.15 2.77 0.25 2.22 0.80 0.16 Major Importers 4/ Mar 0.96 19.18 5.66 24.75 0.18 0.87 Apr 1.08 19.10 5.46 24.52 0.28 0.84 China Mar 0.54 17.02 0.48 17.40 0.10 0.54 Apr 0.54 17.02 0.45 17.25 0.20 0.56 India Mar 0.30 1.58 3.55 5.20 0.00 0.22 Apr 0.43 1.49 3.35 5.10 0.00 0.17 North Africa 5/ Mar 0.12 0.58 1.63 2.15 0.08 0.11 Apr 0.11 0.58 1.66 2.17 0.08 0.11 ================================================================================ WASDE - 576 - 31 April 2018 U.S. Quarterly Animal Product Production 1/ ================================================================================ Year Red Total Red and meat poultry meat & quarter Beef Pork 2/ Broiler Turkey 3/ poultry Egg Milk ================================================================================ Million Pounds Mil doz Bil lbs 2016 Annual 25221 24941 50387 40696 5981 47226 97613 8579 212.4 2017 I 6300 6409 12764 10233 1488 11849 24613 2182 53.6 II 6404 6137 12595 10407 1482 12023 24618 2187 55.3 III 6731 6239 13023 10551 1479 12167 25190 2204 53.5 IV 6738 6796 13591 10472 1533 12139 25729 2235 53.1 Mar Est. 26173 25581 51972 41662 5981 48178 100151 8808 215.5 Apr Est. 26173 25581 51972 41662 5981 48178 100151 8808 215.5 2018 I 6475 6655 13187 10400 1465 11990 25177 2190 54.4 II* 7055 6425 13532 10575 1455 12170 25702 2215 56.2 III* 7020 6540 13613 10750 1485 12375 25988 2240 54.2 IV* 7085 7185 14326 10625 1540 12300 26626 2285 54.2 MarProj. 27685 26910 54811 42600 5975 49115 103926 8935 219.0 AprProj. 27635 26805 54658 42350 5945 48835 103493 8930 219.0 ================================================================================ U.S. Quarterly Prices for Animal Products ================================================================================ Year Barrows and Streers and gilts Broilers Turkeys Eggs Milk quarter 2/ 3/ 4/ 5/ 6/ 7/ ================================================================================ Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2016 Annual 120.86 46.16 84.3 117.1 85.7 16.30 2017 I 122.96 49.73 88.5 100.4 80.0 18.23 II 132.76 51.70 104.7 99.1 74.7 16.83 III 112.46 55.59 94.9 96.9 102.1 17.70 IV 117.88 44.89 86.1 88.0 147.0 17.73 Mar Est. 121.52 50.48 93.5 96.1 100.9 17.63 Apr Est. 121.52 50.48 93.5 96.1 100.9 17.63 2018 I 126.60 49.12 95.7 79.4 179.6 15.50-15.60 II* 114-118 47-49 101-105 76-80 132-138 15.25-15.65 III* 106-114 45-49 90-96 82-88 116-124 15.35-16.05 IV* 108-118 37-41 86-94 91-99 125-135 16.25-17.25 MarProj. 116-123 47-50 89-94 86-91 127-134 15.75-16.35 AprProj. 114-119 45-47 93-98 82-86 138-144 15.60-16.10 ================================================================================ WASDE - 576 - 32 April 2018 U.S. Meats Supply and Use ================================================================================ Disappearance Beg- Produc- Per Item inning tion Total Ending capita stocks 1/ Imports Supply Exports stocks Total 2/ 3/ ================================================================================ Million Pounds 4/ Beef 2016 683 25288 3015 28986 2556 757 25673 55.5 2017 Est. Mar 757 26240 2994 29990 2862 649 26480 56.9 Apr 757 26240 2994 29990 2862 649 26480 56.9 2018 Proj. Mar 649 27752 3040 31441 3025 700 27716 59.1 Apr 649 27702 3040 31391 3025 680 27686 59.0 Pork 2016 590 24956 1091 26637 5239 507 20891 50.1 2017 Est. Mar 507 25597 1116 27220 5632 554 21034 50.1 Apr 507 25597 1116 27220 5632 554 21034 50.1 2018 Proj. Mar 554 26926 1065 28545 5925 635 21985 52.0 Apr 554 26821 1065 28440 5900 610 21930 51.8 TotalRed Meat5/ 2016 1320 50480 4322 56123 7801 1304 47018 106.8 2017 Est. Mar 1304 52065 4362 57731 8500 1246 47985 108.2 Apr 1304 52065 4362 57731 8500 1246 47985 108.2 2018 Proj. Mar 1246 54904 4359 60509 8958 1377 50174 112.4 Apr 1246 54751 4359 60356 8933 1338 50085 112.2 Broiler 2016 832 40261 131 41224 6644 778 33802 89.7 2017 Est. Mar 778 41217 126 42120 6780 856 34484 90.9 Apr 778 41217 126 42120 6780 856 34484 90.9 2018 Proj. Mar 856 42144 130 43130 6950 830 35350 92.5 Apr 856 41897 130 42883 6950 830 35103 91.9 Turkey 2016 201 5981 50 6232 569 279 5384 16.6 2017 Est. Mar 279 5981 24 6284 621 310 5353 16.4 Apr 279 5981 24 6284 621 310 5353 16.4 2018 Proj. Mar 310 5975 28 6313 635 310 5368 16.4 Apr 310 5945 28 6283 645 310 5328 16.2 Total Poultry6/ 2016 1041 46790 184 48015 7372 1065 39578 107.6 2017 Est. Mar 1065 47732 154 48950 7531 1170 40248 108.6 Apr 1065 47732 154 48950 7531 1170 40248 108.6 2018 Proj. Mar 1170 48659 162 49991 7730 1148 41113 110.1 Apr 1170 48381 162 49713 7720 1148 40845 109.4 RedMeat& Poultry 2016 2361 97270 4506 104137 15173 2369 86596 214.4 2017 Est. Mar 2369 99797 4515 106682 16032 2416 88234 216.8 Apr 2369 99797 4515 106682 16032 2416 88234 216.8 2018 Proj. Mar 2416 103563 4521 110500 16688 2525 91287 222.4 Apr 2416 103132 4521 110069 16653 2486 90930 221.5 ================================================================================ WASDE - 576 - 33 April 2018 U.S. Egg Supply and Use ================================================================================ 2015 2016 2017 Est. 2017 Est. 2018Proj. 2018Proj. Commodity Mar Apr Mar Apr ================================================================================ Million Dozen Eggs Supply BeginningStocks 23.3 31.1 27.1 27.1 22.9 22.9 Production 8052.5 8578.7 8807.8 8807.8 8935.0 8930.0 Imports 123.5 121.9 32.3 32.3 32.0 32.0 Total Supply 8199.3 8731.7 8867.2 8867.2 8989.9 8984.9 Use Exports 313.6 279.0 321.1 321.1 320.0 320.0 Hatching Use 995.6 1009.6 1034.5 1034.5 1050.0 1050.0 Ending Stocks 31.1 27.1 22.9 22.9 27.0 27.0 Disappearance Total 6858.9 7416.0 7488.7 7488.7 7592.9 7587.9 Per Capita (number) 256.2 274.9 275.7 275.7 277.6 277.4 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2015 2016 2017 Est. 2017 Est. 2018Proj. 2018Proj. Commodity Mar Apr Mar Apr ================================================================================ Billion Pounds Milk Production 208.6 212.4 215.5 215.5 219.0 219.0 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 Beg.CommercialStocks 10.5 12.3 12.7 12.7 13.5 13.5 Marketings 207.6 211.4 214.5 214.5 218.0 218.0 Imports 5.8 7.0 6.0 6.0 5.7 5.6 Total Cml. Supply 223.9 230.8 233.2 233.2 237.2 237.1 Commercial Exports 8.5 8.4 9.3 9.3 9.6 9.6 Ending Commercial Stocks 12.3 12.7 13.5 13.5 12.8 12.9 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 203.0 209.6 210.4 210.4 214.8 214.7 Beg.CommercialStocks 9.4 9.2 9.5 9.5 11.8 11.8 Marketings 207.6 211.4 214.5 214.5 218.0 218.0 Imports 6.0 6.5 6.1 6.1 5.9 5.9 Total Cml. Supply 223.1 227.1 230.0 230.0 235.7 235.7 Commercial Exports 37.3 39.0 40.8 40.8 42.8 43.4 Ending Commercial Stocks 9.2 9.5 11.8 11.8 11.3 11.5 CCC Donations 0.0 0.0 0.0 0.0 0.0 0.0 Domestic Commercial Use 176.6 178.5 177.5 177.5 181.6 180.9 ================================================================================ WASDE - 576 - 34 April 2018 U.S. Dairy Prices ================================================================================ Commod- 2015 2016 2017 Est. 2017 Est. 2018 Proj. 2018 Proj. ity Mar Apr Mar Apr ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 1.6454 1.6050 1.6344 1.6344 1.545-1.605 1.550-1.600 Butter 2.0670 2.0777 2.3303 2.3303 2.210-2.300 2.210-2.290 Nonfat Dry Milk 0.9016 0.8292 0.8666 0.8666 0.700-0.750 0.700-0.740 Dry Whey 0.3804 0.2875 0.4437 0.4437 0.265-0.295 0.240-0.270 Milk Prices 2/ Dollars Per Cwt ClassIII 15.80 14.87 16.17 16.17 14.30-14.90 14.20-14.70 Class IV 14.35 13.77 15.16 15.16 13.25-13.95 13.25-13.85 All Milk 3/ 17.13 16.30 17.63 17.63 15.75-16.35 15.60-16.10 ================================================================================ WASDE - 576 - 35 April 2018 Reliability of April Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons WHEAT Production World 0.5 0.8 2.0 0.1 6.8 24 12 U.S. 0.2 0.3 0.1 0.0 0.3 15 10 Foreign 0.6 1.0 2.0 0.2 6.8 24 12 Exports World 4.0 6.8 4.2 0.4 14.3 29 7 U.S. 2.6 4.4 0.6 0.0 2.1 16 19 Foreign 5.2 8.7 4.2 0.3 13.3 29 7 Domestic Use World 0.8 1.3 3.6 0.1 9.4 16 20 U.S. 3.3 5.6 0.8 0.0 2.2 14 22 Foreign 0.8 1.3 3.3 0.0 9.6 16 19 Ending Stocks World 3.3 5.5 3.9 0.0 14.5 25 10 U.S. 8.5 14.4 0.9 0.0 4.1 24 12 Foreign 3.6 6.1 3.4 0.0 12.6 26 9 COARSE GRAINS 2/ Production World 0.9 1.6 7.9 0.3 19.2 29 7 U.S. 0.2 0.3 0.1 0.0 1.3 16 7 Foreign 1.3 2.3 7.9 0.3 19.2 29 7 Exports World 4.8 8.1 4.7 0.1 21.8 26 10 U.S. 6.6 11.3 2.7 0.0 7.2 20 16 Foreign 7.4 12.6 4.2 0.3 21.2 28 8 Domestic Use World 0.8 1.4 5.7 0.0 20.3 15 21 U.S. 2.4 4.1 3.3 0.1 16.8 13 23 Foreign 1.0 1.7 5.4 0.2 21.9 21 15 Ending Stocks World 7.7 13.1 9.4 0.2 27.0 31 5 U.S. 11.5 19.6 3.8 0.1 12.1 18 18 Foreign 10.2 17.2 7.6 0.5 24.2 30 6 RICE, milled Production World 1.3 2.2 3.4 0.2 13.3 30 6 U.S. 1.4 2.4 0.0 0.0 0.2 11 5 Foreign 1.3 2.2 3.4 0.1 13.3 30 6 Exports World 8.1 13.8 1.5 0.1 4.5 29 7 U.S. 6.3 10.7 0.1 0.0 0.5 17 16 Foreign 9.0 15.3 1.4 0.0 4.4 29 7 Domestic Use World 1.1 1.8 2.9 0.1 13.7 26 10 U.S. 6.9 11.8 0.2 0.0 0.5 12 23 Foreign 1.1 1.8 2.9 0.2 13.4 26 10 Ending Stocks World 8.3 14.1 4.0 0.1 26.1 25 11 U.S. 19.1 32.3 0.2 0.0 0.4 22 14 Foreign 8.7 14.7 4.0 0.1 26.1 24 12 ================================================================================ WASDE - 576 - 36 April 2018 Reliability of April Projections (Continued) 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Metric Tons SOYBEANS Production World 1.7 2.9 2.5 0.2 7.9 21 15 U.S. 1.3 2.3 0.6 0.0 2.5 15 14 Foreign 2.8 4.8 2.4 0.0 8.1 22 14 Exports World 5.1 8.7 2.4 0.1 10.3 23 13 U.S. 5.6 9.6 1.3 0.0 6.3 26 10 Foreign 11.8 20.1 2.2 0.2 8.8 20 16 Domestic Use World 1.8 3.0 2.4 0.0 10.3 20 16 U.S. 2.2 3.8 0.8 0.1 2.4 24 12 Foreign 2.2 3.7 2.1 0.0 10.4 18 18 Ending Stocks World 11.6 19.8 3.1 0.3 12.0 20 16 U.S. 35.7 60.6 1.7 0.1 6.8 12 24 Foreign 12.8 21.7 2.7 0.0 12.8 23 13 COTTON Production World 1.6 2.8 1.1 0.0 5.2 27 8 U.S. 0.3 0.5 0.0 0.0 0.2 16 12 Foreign 2.0 3.3 1.1 0.0 5.1 26 9 Exports World 4.2 7.1 1.0 0.1 4.2 23 13 U.S. 4.7 8.1 0.4 0.0 1.4 15 18 Foreign 5.3 9.0 0.9 0.1 3.9 23 13 Domestic Use World 1.6 2.7 1.2 0.0 4.6 21 15 U.S. 3.1 5.3 0.2 0.0 0.6 18 14 Foreign 1.6 2.7 1.2 0.2 4.5 21 15 Ending Stocks World 6.9 11.7 2.6 0.0 8.2 24 12 U.S. 13.7 23.3 0.4 0.0 1.6 14 22 Foreign 7.5 12.6 2.5 0.1 8.0 22 14 ================================================================================ WASDE - 576 - 37 April 2018 Reliability of United States April Projections 1/ ================================================================================ Differences between forecast and final estimate 90 percent Years Commodity and Root mean Confidence Below Above Region square error interval Average Smallest Largest Final Final ================================================================================ Million Bushels CORN Production 0.2 0.3 2 0 38 1 2 Exports 6.6 11.2 95 13 248 17 19 Domestic Use 2.3 3.8 112 5 474 14 22 Ending Stocks 13.2 22.4 151 3 470 18 18 SORGHUM Production 0.1 0.2 0 0 4 0 2 Exports 11.7 19.9 20 0 72 25 10 Domestic Use 9.3 15.8 23 0 158 14 20 Ending Stocks 39.5 67.0 22 0 148 15 20 BARLEY Production 0.8 1.3 1 0 11 16 4 Exports 14.2 24.0 4 0 13 10 22 Domestic Use 4.2 7.1 10 0 64 15 18 Ending Stocks 10.8 18.3 12 0 52 24 11 OATS Production 0.3 0.6 0 0 2 4 4 Exports 34.2 58.0 1 0 3 6 6 Domestic Use 3.6 6.1 8 0 26 12 22 Ending Stocks 12.6 21.4 9 1 30 22 14 Thousand Short Tons SOYBEAN MEAL Production 2.6 4.4 792 35 2153 28 8 Exports 7.9 13.4 505 25 1700 29 7 Domestic Use 2.2 3.8 506 100 2066 24 12 Ending Stocks 35.3 59.8 66 0 214 14 20 Million Pounds SOYBEAN OIL Production 2.6 4.5 380 15 1058 28 8 Exports 15.4 26.1 208 0 650 24 11 Domestic Use 2.0 3.3 247 0 562 21 14 Ending Stocks 17.8 30.3 251 5 753 23 13 ANIMAL PROD. 3/ Million Pounds Beef 2.4 4.0 490 19 1388 24 12 Pork 2.2 3.7 290 10 983 23 13 Broilers 1.3 2.2 278 6 675 24 12 Turkeys 2.6 4.4 102 3 398 19 17 Million Dozen Eggs 1.6 2.7 87 10 433 25 11 Billion Pounds Milk 1.2 2.0 1.3 0.0 5.2 17 14 ================================================================================