World Agricultural Supply and Demand Estimates: Corn Charts

June 10, 2010 03:02 AM
 

All corn-related WASDE charts.

                                                                                
                                 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.




                                 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.





     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-483-20                    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-483-36                    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.

    

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