WASDE - 659 - 8 April 2025 World and U.S. Supply and Use for Grains 1/ Million Metric Tons ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World Total Grains 4/ 2022/23 2763.83 3565.71 497.80 2772.80 792.92 2023/24 (Est.) 2819.57 3612.49 515.17 2818.85 793.65 2024/25 (Proj.) Mar 2825.63 3619.30 489.10 2860.91 758.40 Apr 2827.96 3621.61 492.40 2861.73 759.88 Wheat 2022/23 790.45 1065.80 221.94 790.38 275.42 2023/24 (Est.) 791.56 1066.98 221.20 797.92 269.06 2024/25 (Proj.) Mar 797.23 1066.73 208.07 806.65 260.08 Apr 796.85 1065.90 206.82 805.20 260.70 Coarse Grains 5/ 2022/23 1456.69 1798.83 220.40 1462.26 336.57 2023/24 (Est.) 1505.93 1842.51 237.16 1497.45 345.06 2024/25 (Proj.) Mar 1495.74 1840.35 222.64 1523.55 316.80 Apr 1495.32 1840.38 224.98 1524.44 315.94 Rice, milled 2022/23 516.70 701.08 55.46 520.15 180.93 2023/24 (Est.) 522.08 703.01 56.82 523.48 179.53 2024/25 (Proj.) Mar 532.66 712.22 58.39 530.71 181.51 Apr 535.80 715.33 60.60 532.09 183.24 United States Total Grains 4/ 2022/23 406.43 471.34 67.85 349.89 53.60 2023/24 (Est.) 458.90 520.32 86.80 365.43 68.09 2024/25 (Proj.) Mar 451.56 527.19 90.79 370.34 66.07 Apr 451.56 527.43 92.88 369.71 64.85 Wheat 2022/23 44.90 66.56 20.73 30.33 15.50 2023/24 (Est.) 49.10 68.36 19.24 30.16 18.95 2024/25 (Proj.) Mar 53.65 76.41 22.73 31.39 22.30 Apr 53.65 76.69 22.32 31.34 23.03 Coarse Grains 5/ 2022/23 356.45 397.17 45.06 314.97 37.14 2023/24 (Est.) 402.88 442.67 64.45 330.35 47.87 2024/25 (Proj.) Mar 390.86 440.94 64.98 333.68 42.28 Apr 390.86 440.94 67.53 333.01 40.40 Rice, milled 2022/23 5.08 7.61 2.05 4.60 0.96 2023/24 (Est.) 6.92 9.30 3.12 4.92 1.27 2024/25 (Proj.) Mar 7.05 9.84 3.08 5.27 1.49 Apr 7.05 9.81 3.03 5.37 1.41 ================================================================================ WASDE - 659 - 9 April 2025 World and U.S. Supply and Use for Grains, Continued 1/ Million Metric Tons ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use Stocks ================================================================================ Foreign 3/ Total Grains 4/ 2022/23 2357.40 3094.38 429.95 2422.90 739.32 2023/24 (Est.) 2360.67 3092.17 428.37 2453.42 725.55 2024/25 (Proj.) Mar 2374.07 3092.11 398.32 2490.57 692.33 Apr 2376.40 3094.18 399.52 2492.02 695.03 Wheat 2022/23 745.55 999.24 201.21 760.05 259.92 2023/24 (Est.) 742.47 998.62 201.96 767.76 250.10 2024/25 (Proj.) Mar 743.58 990.31 185.35 775.25 237.79 Apr 743.20 989.22 184.50 773.86 237.67 Coarse Grains 5/ 2022/23 1100.24 1401.67 175.33 1147.30 299.44 2023/24 (Est.) 1103.05 1399.84 172.71 1167.10 297.18 2024/25 (Proj.) Mar 1104.89 1399.42 157.66 1189.87 274.53 Apr 1104.46 1399.44 157.45 1191.44 275.53 Rice, milled 2022/23 511.61 693.47 53.41 515.56 179.97 2023/24 (Est.) 515.16 693.71 53.70 518.56 178.27 2024/25 (Proj.) Mar 525.61 702.38 55.31 525.44 180.02 Apr 528.74 705.52 57.57 526.72 181.82 ================================================================================ World and U.S. Supply and Use for Cotton 1/ Million 480-lb. Bales ================================================================================ Total Total Ending Commodity Output Supply Trade 2/ Use 3/ Stocks ================================================================================ World 2022/23 116.30 187.19 36.65 112.64 75.90 2023/24 (Est.) 112.98 188.88 44.61 114.80 73.74 2024/25 (Proj.) Mar 120.96 194.68 42.71 116.54 78.33 Apr 120.89 194.63 42.33 116.02 78.86 United States 2022/23 14.47 19.07 12.45 2.05 4.65 2023/24 (Est.) 12.07 16.72 11.75 1.85 3.15 2024/25 (Proj.) Mar 14.41 17.57 11.00 1.70 4.90 Apr 14.41 17.57 10.90 1.70 5.00 Foreign 4/ 2022/23 101.83 168.12 24.20 110.59 71.25 2023/24 (Est.) 100.92 172.16 32.86 112.95 70.59 2024/25 (Proj.) Mar 106.55 177.11 31.71 114.84 73.43 Apr 106.48 177.06 31.43 114.32 73.86 ================================================================================ WASDE - 659 - 10 April 2025 World and U.S. Supply and Use for Oilseeds 1/ (Million Metric Tons) ================================================================================ Total Total Ending Commodity Output Supply Trade Use 2/ Stocks ================================================================================ World Oilseeds 2022/23 636.57 751.95 201.71 524.17 122.90 2023/24 (Est.) 657.26 780.17 205.36 543.39 136.13 2024/25 (Proj.) Mar 679.37 812.32 207.74 563.07 139.15 Apr 676.62 812.75 208.96 563.32 140.48 Oilmeals 2022/23 357.73 377.91 97.55 355.22 18.27 2023/24 (Est.) 371.04 389.31 105.70 365.94 19.03 2024/25 (Proj.) Mar 387.43 406.28 109.69 379.88 21.96 Apr 388.47 407.49 110.86 380.53 22.38 Vegetable Oils 2022/23 218.06 248.34 88.58 211.06 32.33 2023/24 (Est.) 222.14 254.46 85.83 218.18 30.78 2024/25 (Proj.) Mar 228.98 260.67 85.90 225.99 29.33 Apr 228.08 258.86 85.18 224.66 28.96 United States Oilseeds 2022/23 125.75 136.42 54.78 64.16 8.85 2023/24 (Est.) 122.16 132.12 47.35 66.22 10.81 2024/25 (Proj.) Mar 128.48 140.39 50.77 69.68 11.75 Apr 128.48 140.49 50.75 69.90 11.61 Oilmeals 2022/23 49.93 54.59 13.39 40.78 0.41 2023/24 (Est.) 51.43 56.13 14.80 40.85 0.49 2024/25 (Proj.) Mar 54.08 58.92 15.98 42.44 0.50 Apr 54.37 59.37 15.99 42.89 0.50 Vegetable Oils 2022/23 13.18 20.74 0.34 19.27 1.14 2023/24 (Est.) 13.59 21.59 0.42 20.13 1.04 2024/25 (Proj.) Mar 14.30 22.35 0.94 20.36 1.06 Apr 14.33 21.86 1.17 19.67 1.02 Foreign 3/ Oilseeds 2022/23 510.81 615.53 146.92 460.00 114.05 2023/24 (Est.) 535.10 648.04 158.02 477.16 125.31 2024/25 (Proj.) Mar 550.89 671.94 156.97 493.40 127.40 Apr 548.14 672.26 158.20 493.42 128.87 Oilmeals 2022/23 307.81 323.33 84.16 314.44 17.86 2023/24 (Est.) 319.61 333.17 90.90 325.09 18.54 2024/25 (Proj.) Mar 333.35 347.37 93.71 337.44 21.46 Apr 334.09 348.12 94.87 337.64 21.88 Vegetable Oils 2022/23 204.88 227.60 88.24 191.79 31.19 2023/24 (Est.) 208.55 232.88 85.41 198.05 29.74 2024/25 (Proj.) Mar 214.68 238.31 84.97 205.63 28.27 Apr 213.76 237.00 84.02 204.99 27.94 ================================================================================ WASDE - 659 - 11 April 2025 U.S. Wheat Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Acres Area Planted 45.8 49.6 46.1 46.1 Area Harvested 35.5 37.1 38.5 38.5 Bushels Yield per Harvested Acre 46.5 48.7 51.2 51.2 Million Bushels Beginning Stocks 674 570 696 696 Production 1650 1804 1971 1971 Imports 122 138 140 150 Supply, Total 2446 2512 2808 2818 Food 972 961 970 970 Seed 68 62 64 62 Feed and Residual 74 85 120 120 Domestic, Total 1114 1108 1154 1152 Exports 762 707 835 820 Use, Total 1876 1815 1989 1972 Ending Stocks 570 696 819 846 Avg.FarmPrice ($/bu) 2/ 8.83 6.96 5.50 5.50 ================================================================================ U.S. Wheat by Class: Supply and Use ================================================================================ Year begining Hard Red Hard Red Soft Red June 1 Winter Spring Winter White Durum Total ================================================================================ Million Bushels 2023/24 (Est.) Beginning Stocks 223 155 90 74 28 570 Production 596 465 449 234 59 1804 Imports 18 63 6 6 45 138 Supply, Total 3/ 837 683 545 314 132 2512 Food 384 253 158 84 83 961 Seed 27 15 11 6 3 62 Feed and Residual 18 -10 91 -12 -2 85 Domestic Use 428 258 261 77 84 1108 Exports 134 235 158 152 27 707 Use, Total 563 493 419 229 111 1815 Ending Stocks, Total 274 190 126 85 21 696 2024/25 (Proj.) Beginning Stocks 274 190 126 85 21 696 Production 770 503 342 276 80 1971 Imports 6 80 5 7 52 150 Supply, Total 3/ 1051 773 473 368 153 2818 Food 386 260 155 85 84 970 Seed 27 15 12 6 3 62 Feed and Residual 25 20 70 -10 15 120 Domestic Use 438 295 237 81 102 1152 Exports 205 255 120 220 20 820 Use, Total 643 550 357 301 122 1972 Ending Stocks, Total Apr 408 223 116 67 32 846 Mar 382 207 116 70 45 819 ================================================================================ WASDE - 659 - 12 April 2025 U.S. Feed Grain and Corn Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Acres FEED GRAINS Area Planted 100.0 107.5 101.5 101.5 Area Harvested 86.6 96.0 91.3 91.3 Metric Tons Yield per Harvested Acre 4.11 4.19 4.28 4.28 Million Metric Tons Beginning Stocks 37.5 37.1 47.9 47.9 Production 356.1 402.6 390.5 390.5 Imports 2.9 2.3 2.0 2.0 Supply, Total 396.5 442.0 440.3 440.3 Feed and Residual 142.2 150.8 152.6 151.9 Food, Seed & Industrial 172.1 178.9 180.5 180.5 Domestic, Total 314.4 329.7 333.1 332.4 Exports 45.1 64.4 65.0 67.5 Use, Total 359.4 394.2 398.0 399.9 Ending Stocks 37.1 47.9 42.3 40.4 Million Acres CORN Area Planted 88.2 94.6 90.6 90.6 Area Harvested 78.7 86.5 82.9 82.9 Bushels Yield per Harvested Acre 173.4 177.3 179.3 179.3 Million Bushels Beginning Stocks 1377 1360 1763 1763 Production 13651 15341 14867 14867 Imports 39 28 25 25 Supply, Total 15066 16729 16655 16655 Feed and Residual 5486 5805 5775 5750 Food,Seed& Industrial 2/ 6558 6868 6890 6890 Ethanol & by-products 3/ 5176 5478 5500 5500 Domestic, Total 12044 12673 12665 12640 Exports 1662 2292 2450 2550 Use, Total 13706 14966 15115 15190 Ending Stocks 1360 1763 1540 1465 Avg.FarmPrice ($/bu) 4/ 6.54 4.55 4.35 4.35 ================================================================================ WASDE - 659 - 13 April 2025 U.S. Sorghum, Barley, and Oats Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Bushels SORGHUM AreaPlanted (mil. acres) 6.3 7.2 6.3 6.3 AreaHarvested(mil.acres) 4.6 6.1 5.6 5.6 Yield (bushels/acre) 41.1 52.0 61.3 61.3 Beginning Stocks 47 24 33 33 Production 188 318 344 344 Imports 0 0 0 0 Supply, Total 235 342 377 377 Feed and Residual 42 46 155 155 Food, Seed & Industrial 59 24 70 70 Total Domestic 102 70 225 225 Exports 109 239 100 100 Use, Total 211 309 325 325 Ending Stocks 24 33 52 52 Avg.FarmPrice ($/bu) 2/ 6.38 4.93 4.15 4.10 BARLEY AreaPlanted (mil. acres) 2.9 3.1 2.4 2.4 AreaHarvested(mil.acres) 2.4 2.6 1.9 1.9 Yield (bushels/acre) 71.7 72.3 76.7 76.7 Beginning Stocks 37 66 78 78 Production 174 186 144 144 Imports 23 13 9 9 Supply, Total 235 265 231 231 Feed and Residual 35 57 45 40 Food, Seed & Industrial 132 125 115 115 Total Domestic 167 182 160 155 Exports 2 5 8 8 Use, Total 169 187 168 163 Ending Stocks 66 78 63 68 Avg.FarmPrice ($/bu) 2/ 7.40 7.39 6.50 6.50 OATS AreaPlanted (mil. acres) 2.6 2.6 2.2 2.2 AreaHarvested(mil.acres) 0.9 0.8 0.9 0.9 Yield (bushels/acre) 65.5 68.6 76.5 76.5 Beginning Stocks 33 35 36 36 Production 58 57 68 68 Imports 84 74 65 65 Supply, Total 174 166 169 169 Feed and Residual 57 48 55 60 Food, Seed & Industrial 81 80 81 81 Total Domestic 137 128 136 141 Exports 2 2 2 3 Use, Total 139 130 138 144 Ending Stocks 35 36 31 26 Avg.FarmPrice ($/bu) 2/ 4.57 3.92 3.45 3.45 ================================================================================ WASDE - 659 - 14 April 2025 U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Acres TOTAL RICE Area Planted 2.22 2.90 2.91 2.91 Area Harvested 2.17 2.85 2.87 2.87 Pounds Yield per Harvested Acre 7385 7641 7748 7748 Million Hundredweight Beginning Stocks 2/ 39.7 30.3 39.8 39.8 Production 160.0 218.0 222.1 222.1 Imports 39.9 44.6 48.0 47.0 Supply, Total 239.7 292.8 310.0 309.0 Domestic & Residual 3/ 144.8 154.9 166.0 169.0 Exports, Total 4/ 64.6 98.1 97.0 95.5 Rough 18.5 41.7 33.0 31.5 Milled (rough equiv.) 46.2 56.4 64.0 64.0 Use, Total 209.4 253.0 263.0 264.5 Ending Stocks 30.3 39.8 47.0 44.5 Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00 Avg.FarmPrice($/cwt) 6/ 19.80 17.30 15.60 15.60 LONG GRAIN RICE Harvested Acres (mil.) 1.78 2.05 2.26 2.26 Yield (pounds/acre) 7225 7523 7625 7625 Beginning Stocks 24.6 21.2 19.3 19.3 Imports 31.9 37.3 41.0 41.0 Production 128.5 153.8 172.0 172.0 Supply, Total 7/ 185.0 212.3 232.3 232.3 Domestic & Residual 3/ 113.6 118.9 129.0 132.0 Exports 8/ 50.2 74.1 68.0 66.0 Use, Total 163.8 193.0 197.0 198.0 Ending Stocks 21.2 19.3 35.3 34.3 Avg.FarmPrice($/cwt) 6/ 16.70 15.90 14.20 14.20 MEDIUM & SHORT GRAIN RICE Harvested Acres (mil.) 0.39 0.81 0.61 0.61 Yield (pounds/acre) 8118 7938 8200 8200 Beginning Stocks 13.0 6.8 18.9 18.9 Imports 8.0 7.3 7.0 6.0 Production 31.6 64.1 50.1 50.1 Supply, Total 7/ 52.4 78.9 76.0 75.0 Domestic & Residual 3/ 31.1 36.0 37.0 37.0 Exports 8/ 14.4 24.0 29.0 29.5 Use, Total 45.6 60.0 66.0 66.5 Ending Stocks 6.8 18.9 10.0 8.5 Avg. Farm Price ($/cwt) 1/ 6/ 9/ 33.80 21.60 20.80 20.80 California 10/ 40.90 22.30 22.50 22.50 Other States 1/ 18.20 17.20 15.20 15.20 ================================================================================ WASDE - 659 - 15 April 2025 U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Acres SOYBEANS Area Planted 87.5 83.6 87.1 87.1 Area Harvested 86.2 82.3 86.1 86.1 Bushels Yield per Harvested Acre 49.6 50.6 50.7 50.7 Million Bushels Beginning Stocks 274 264 342 342 Production 4270 4162 4366 4366 Imports 25 21 20 25 Supply, Total 4569 4447 4729 4734 Crushings 2212 2285 2410 2420 Exports 1980 1695 1825 1825 Seed 72 75 75 72 Residual 41 49 39 42 Use, Total 4305 4105 4349 4359 Ending Stocks 264 342 380 375 Avg.FarmPrice ($/bu) 2/ 14.20 12.40 9.95 9.95 Million Pounds SOYBEAN OIL Beginning Stocks 1991 1607 1551 1551 Production 4/ 26227 27093 28680 28800 Imports 376 621 550 550 Supply, Total 28594 29321 30781 30901 Domestic Disappearance 26609 27153 27450 27150 Biofuel 3/ 12510 12989 13450 13250 Food, Feed & other Industrial 14099 14164 14000 13900 Exports 378 617 1800 2300 Use, Total 26987 27770 29250 29450 Ending stocks 1607 1551 1531 1451 Avg. Price (c/lb) 2/ 65.26 47.28 43.00 45.00 Thousand Short Tons SOYBEAN MEAL Beginning Stocks 311 371 453 453 Production 4/ 52493 54106 56947 57297 Imports 634 687 675 625 Supply, Total 53438 55164 58075 58375 Domestic Disappearance 38521 38604 40225 40525 Exports 14547 16107 17400 17400 Use, Total 53067 54711 57625 57925 Ending Stocks 371 453 450 450 Avg. Price ($/s.t.) 2/ 451.91 384.11 310.00 300.00 ================================================================================ WASDE - 659 - 16 April 2025 U.S. Sugar Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ 1000 Short Tons, Raw Value Beginning Stocks 1820 1843 2129 2131 Production 2/ 9250 9313 9408 9369 Beet Sugar 5187 5172 5389 5391 Cane Sugar 4063 4141 4019 3978 Florida 1985 2079 1971 1930 Louisiana 2001 2022 2049 2049 Texas 76 40 0 0 Imports 3614 3840 2779 2961 TRQ 3/ 1862 1788 1533 1533 Other Program 4/ 141 300 200 200 Non-program 1611 1752 1047 1228 Mexico 1156 521 497 497 High-tier tariff/other 455 1231 550 731 Total Supply 14685 14995 14317 14461 Exports 82 249 100 100 Deliveries 12589 12534 12345 12345 Food 12473 12428 12240 12240 Other 5/ 116 106 105 105 Miscellaneous 171 81 0 0 Total Use 12843 12864 12445 12445 Ending Stocks 1843 2131 1872 2016 Stocks to Use Ratio 14.3 16.6 15.0 16.2 ================================================================================ Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/ ================================================================================ Supply Use Fiscal Beginning Produc- Imports Domestic Exports Ending Year Stocks tion 2/ Stocks ================================================================================ 1000 Metric Tons, Actual Weight Sugar 2023/24 Est. Mar 835 4704 761 4436 446 1418 Apr 835 4704 761 4436 446 1418 2024/25 Proj. Mar 1418 4859 189 4553 957 956 Apr 1418 4859 189 4553 957 956 ================================================================================ WASDE - 659 - 17 April 2025 U.S. Cotton Supply and Use 1/ ================================================================================ 2022/23 2023/24 Est. 2024/25 Proj. 2024/25 Proj. Item Mar Apr ================================================================================ Million Acres Planted 13.75 10.23 11.18 11.18 Harvested 7.29 6.44 8.27 8.27 Pounds Yield per Harvested Acre 953 899 836 836 Million 480 Pound Bales Beginning Stocks 4.60 4.65 3.15 3.15 Production 14.47 12.07 14.41 14.41 Imports 0.00 0.00 0.01 0.01 Supply, Total 19.07 16.72 17.57 17.57 Domestic Use 2.05 1.85 1.70 1.70 Exports, Total 12.45 11.75 11.00 10.90 Use, Total 14.50 13.60 12.70 12.60 Unaccounted 2/ -0.08 -0.03 -0.03 -0.03 Ending Stocks 4.65 3.15 4.90 5.00 Avg. Farm Price 3/ 84.8 76.1 63.0 63.0 ================================================================================ WASDE - 659 - 18 April 2025 World Wheat Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2022/23 World 3/ 275.35 790.45 212.96 153.02 790.38 221.94 275.42 World Less China 138.60 652.72 199.68 120.02 642.38 221.00 136.60 United States 18.36 44.90 3.31 2.03 30.33 20.73 15.50 Total Foreign 257.00 745.55 209.66 151.00 760.05 201.21 259.92 Major Exporters 4/ 41.53 335.89 13.36 73.90 180.94 162.31 47.55 Argentina 1.93 12.55 0.00 0.25 6.85 3.66 3.97 Australia 3.45 40.55 0.20 4.50 8.00 31.83 4.37 Canada 4.17 34.81 0.55 3.15 8.29 25.62 5.63 European Union 5/ 13.63 134.49 12.23 45.00 109.00 35.08 16.27 Russia 12.09 92.00 0.30 18.00 41.00 49.00 14.39 Ukraine 6.27 21.50 0.08 3.00 7.80 17.12 2.93 Major Importers 6/ 174.32 206.13 134.12 50.84 320.46 15.13 178.98 Bangladesh 1.31 1.10 5.12 0.20 6.70 0.00 0.83 Brazil 1.10 10.55 4.68 0.45 11.85 2.69 1.80 China 136.76 137.72 13.28 33.00 148.00 0.95 138.82 Japan 1.18 1.06 5.45 0.75 6.25 0.29 1.14 N. Africa 7/ 12.72 17.26 29.68 1.67 46.72 0.77 12.17 Nigeria 0.62 0.11 4.73 0.00 4.70 0.40 0.36 Sel. Mideast 8/ 9.96 17.43 24.86 3.73 39.74 0.65 11.86 Southeast Asia 9/ 4.64 0.00 24.48 7.55 24.70 1.28 3.14 Selected Other India 19.50 104.00 0.04 6.50 108.67 5.38 9.50 Kazakhstan 1.48 16.40 4.00 1.80 6.80 10.87 4.21 United Kingdom 1.85 15.54 2.03 7.20 15.20 1.91 2.31 2023/24 Est. World 3/ 275.42 791.56 222.25 159.34 797.92 221.20 269.06 World Less China 136.60 654.97 208.62 122.34 644.42 220.16 134.56 United States 15.50 49.10 3.76 2.31 30.16 19.24 18.95 Total Foreign 259.92 742.47 218.49 157.04 767.76 201.96 250.10 Major Exporters 4/ 47.55 324.63 13.79 73.07 180.16 165.56 40.24 Argentina 3.97 15.85 0.00 0.25 7.05 8.23 4.54 Australia 4.37 25.96 0.22 4.30 7.80 19.84 2.91 Canada 5.63 32.95 0.56 4.02 9.11 25.44 4.58 European Union 5/ 16.27 135.38 12.65 46.50 110.50 37.97 15.82 Russia 14.39 91.50 0.30 16.00 39.00 55.50 11.69 Ukraine 2.93 23.00 0.06 2.00 6.70 18.58 0.71 Major Importers 6/ 178.98 208.72 139.35 56.36 330.50 19.76 176.78 Bangladesh 0.83 1.10 6.70 0.25 7.55 0.00 1.08 Brazil 1.80 8.10 6.61 0.60 12.00 2.81 1.69 China 138.82 136.59 13.64 37.00 153.50 1.04 134.50 Japan 1.14 1.15 5.35 0.73 6.23 0.31 1.09 N. Africa 7/ 12.17 16.37 31.38 1.63 46.78 2.00 11.15 Nigeria 0.36 0.12 5.11 0.00 4.80 0.35 0.44 Sel. Mideast 8/ 11.86 20.77 20.33 3.23 40.01 0.65 12.28 Southeast Asia 9/ 3.14 0.00 30.60 9.90 27.96 1.30 4.47 Selected Other India 9.50 110.55 0.13 6.75 112.34 0.34 7.50 Kazakhstan 4.21 12.11 2.50 2.50 7.55 7.83 3.45 United Kingdom 2.31 13.98 3.14 7.40 15.59 0.57 3.26 ================================================================================ WASDE - 659 - 19 April 2025 World Wheat Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2024/25 Proj. World 3/ Mar 269.50 797.23 202.70 154.85 806.65 208.07 260.08 Apr 269.06 796.85 198.84 154.58 805.20 206.82 260.70 World Less China Mar 135.00 657.13 196.20 121.85 655.65 207.07 130.98 Apr 134.56 656.75 195.34 121.58 655.20 205.82 133.60 United States Mar 18.95 53.65 3.81 3.27 31.39 22.73 22.30 Apr 18.95 53.65 4.08 3.27 31.34 22.32 23.03 Total Foreign Mar 250.55 743.58 198.89 151.59 775.25 185.35 237.79 Apr 250.10 743.20 194.76 151.31 773.86 184.50 237.67 Major Exporters 4/ Mar 39.96 313.87 11.64 72.35 179.55 151.00 34.92 Apr 40.24 313.63 11.84 72.05 179.35 150.00 36.36 Argentina Mar 4.54 18.50 0.01 0.25 7.05 11.50 4.50 Apr 4.54 18.54 0.01 0.25 7.15 11.50 4.44 Australia Mar 2.91 34.11 0.20 4.50 8.00 26.00 3.22 Apr 2.91 34.11 0.20 4.50 8.00 25.50 3.72 Canada Mar 4.58 34.96 0.55 4.30 9.50 26.00 4.59 Apr 4.58 34.96 0.55 4.30 9.50 26.50 4.09 European Union 5/ Mar 15.54 121.30 10.50 45.50 109.75 27.00 10.59 Apr 15.82 121.02 10.70 45.50 109.75 26.50 11.29 Russia Mar 11.69 81.60 0.30 15.50 38.25 45.00 10.34 Apr 11.69 81.60 0.30 15.50 38.25 44.00 11.34 Ukraine Mar 0.71 23.40 0.08 2.30 7.00 15.50 1.69 Apr 0.71 23.40 0.08 2.00 6.70 16.00 1.49 Major Importers 6/ Mar 177.05 210.36 126.38 51.98 330.20 16.23 167.36 Apr 176.78 210.09 122.28 51.87 328.19 16.23 164.73 Bangladesh Mar 1.08 1.10 6.70 0.25 7.85 0.00 1.03 Apr 1.08 1.10 6.70 0.25 7.85 0.00 1.03 Brazil Mar 1.69 7.89 6.50 0.50 11.90 2.70 1.48 Apr 1.69 7.89 6.50 0.60 12.10 2.50 1.48 China Mar 134.50 140.10 6.50 33.00 151.00 1.00 129.10 Apr 134.50 140.10 3.50 33.00 150.00 1.00 127.10 Japan Mar 1.09 1.08 5.40 0.65 6.15 0.30 1.12 Apr 1.09 1.08 5.40 0.65 6.15 0.30 1.12 N. Africa 7/ Mar 11.15 16.01 32.70 1.45 46.90 2.14 10.82 Apr 11.15 16.04 33.00 1.35 46.50 2.44 11.25 Nigeria Mar 0.44 0.12 5.80 0.00 5.10 0.38 0.88 Apr 0.44 0.12 5.80 0.00 5.10 0.38 0.88 Sel. Mideast 8/ Mar 12.56 22.40 17.80 2.83 40.23 0.71 11.82 Apr 12.28 22.06 17.60 2.92 39.92 0.71 11.32 Southeast Asia 9/ Mar 4.47 0.00 30.78 10.50 29.38 1.29 4.58 Apr 4.47 0.00 30.08 10.30 28.98 1.29 4.28 India Mar 7.50 113.29 0.20 6.00 112.24 0.25 8.50 Apr 7.50 113.29 0.20 6.00 110.24 0.25 10.50 Kazakhstan Mar 3.45 18.58 0.50 3.20 8.30 10.00 4.22 Apr 3.45 18.58 0.50 3.20 8.30 10.00 4.22 United Kingdom Mar 3.26 11.05 3.70 6.70 14.90 0.50 2.61 Apr 3.26 11.05 3.80 6.83 15.03 0.48 2.61 ================================================================================ WASDE - 659 - 20 April 2025 World Coarse Grain Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2022/23 World 3/ 342.14 1456.69 213.16 895.37 1462.26 220.40 336.57 World Less China 132.11 1170.80 180.54 664.92 1140.49 220.39 129.80 United States 37.48 356.45 3.24 142.36 314.97 45.06 37.14 Total Foreign 304.67 1100.25 209.92 753.00 1147.30 175.33 299.44 Major Exporters 4/ 30.45 332.36 4.55 138.87 190.93 145.87 30.57 Argentina 5.58 43.91 0.02 11.65 17.63 28.75 3.14 Australia 3.61 18.84 0.00 5.72 7.60 10.89 3.97 Brazil 4.57 143.49 1.98 67.35 84.99 54.28 10.77 Canada 3.71 30.54 2.16 17.12 24.73 7.96 3.72 Russia 1.85 44.13 0.10 23.68 33.15 10.62 2.32 Ukraine 8.84 33.93 0.02 6.60 8.92 29.92 3.95 Major Importers 5/ 38.35 229.52 135.96 272.76 353.83 13.00 37.01 European Union 6/ 18.65 133.10 25.49 111.39 149.60 11.10 16.53 Japan 1.56 0.24 16.45 13.11 16.80 0.00 1.45 Mexico 3.94 33.88 20.27 32.88 52.75 0.05 5.30 N. Afr & Mideast 7/ 6.76 31.18 32.87 54.96 62.74 1.05 7.02 Saudi Arabia 1.41 0.25 7.59 7.51 7.85 0.00 1.40 Southeast Asia 8/ 3.30 30.61 17.80 39.65 48.05 0.79 2.86 South Korea 2.07 0.16 11.23 9.04 11.55 0.00 1.91 Selected Other China 210.04 285.89 32.62 230.45 321.77 0.01 206.77 2023/24 Est. World 3/ 336.57 1505.93 242.88 928.09 1497.45 237.16 345.06 World Less China 129.80 1208.55 194.77 682.29 1158.75 237.15 131.50 United States 37.14 402.88 2.65 150.94 330.35 64.45 47.87 Total Foreign 299.44 1103.05 240.23 777.15 1167.10 172.71 297.18 Major Exporters 4/ 30.57 322.41 6.88 137.55 195.43 142.22 22.22 Argentina 3.14 59.37 0.01 12.12 18.18 40.58 3.77 Australia 3.97 14.44 0.00 5.14 7.02 9.67 1.72 Brazil 10.77 124.81 2.64 68.85 91.63 38.37 8.22 Canada 3.72 27.52 2.95 16.25 24.44 6.08 3.68 Russia 2.32 42.54 0.10 20.94 29.99 13.27 1.71 Ukraine 3.95 39.78 0.01 7.27 9.77 32.02 1.95 Major Importers 5/ 37.01 231.19 144.94 278.56 361.31 14.67 37.15 European Union 6/ 16.53 137.04 22.11 110.48 148.97 11.52 15.20 Japan 1.45 0.25 16.67 13.23 16.92 0.00 1.44 Mexico 5.30 28.82 25.48 34.30 54.27 0.03 5.30 N. Afr & Mideast 7/ 7.02 34.01 37.52 59.77 68.16 2.52 7.88 Saudi Arabia 1.40 0.24 7.00 6.92 7.25 0.00 1.38 Southeast Asia 8/ 2.86 30.56 19.82 40.04 49.29 0.60 3.36 South Korea 1.91 0.16 11.67 9.30 11.68 0.00 2.06 Selected Other China 206.77 297.38 48.11 245.80 338.70 0.01 213.55 ================================================================================ WASDE - 659 - 21 April 2025 World Coarse Grain Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2024/25 Proj. World 3/ Mar 344.61 1495.74 215.66 937.16 1523.55 222.64 316.80 Apr 345.06 1495.32 217.56 938.67 1524.44 224.98 315.94 World Less China Mar 131.06 1192.28 193.24 692.28 1186.37 222.61 114.56 Apr 131.50 1191.85 195.61 694.27 1187.74 224.95 113.69 United States Mar 47.87 390.86 2.21 152.74 333.68 64.98 42.28 Apr 47.87 390.86 2.21 152.07 333.01 67.53 40.40 Total Foreign Mar 296.74 1104.89 213.46 784.42 1189.87 157.66 274.53 Apr 297.18 1104.46 215.35 786.60 1191.44 157.45 275.53 Major Exporters 4/ Mar 22.09 321.19 5.01 139.24 198.56 132.82 16.92 Apr 22.22 321.25 5.06 139.24 198.51 132.68 17.35 Argentina Mar 3.68 59.09 0.01 12.73 18.94 40.40 3.43 Apr 3.77 59.14 0.01 12.73 18.94 40.20 3.77 Australia Mar 1.61 17.30 0.00 5.29 7.16 9.66 2.08 Apr 1.72 17.30 0.00 5.29 7.16 9.71 2.14 Brazil Mar 8.19 132.48 2.34 70.30 95.13 44.21 3.68 Apr 8.22 132.48 2.39 70.30 95.18 44.21 3.70 Canada Mar 3.68 27.52 2.35 16.40 24.71 5.61 3.23 Apr 3.68 27.52 2.35 16.40 24.61 5.71 3.23 Russia Mar 1.71 34.78 0.10 20.43 28.50 6.65 1.44 Apr 1.71 34.78 0.10 20.43 28.50 6.65 1.44 Ukraine Mar 2.05 33.47 0.02 7.04 9.54 24.57 1.43 Apr 1.95 33.47 0.02 7.03 9.54 24.48 1.43 Major Importers 5/ Mar 36.92 227.68 144.21 281.91 365.04 10.46 33.32 Apr 37.15 228.57 145.65 284.30 367.28 10.72 33.39 European Union 6/ Mar 15.07 136.11 21.06 110.83 149.44 8.80 14.00 Apr 15.20 137.18 21.55 112.56 151.17 8.76 14.00 Japan Mar 1.44 0.24 16.71 13.25 16.99 0.00 1.40 Apr 1.44 0.20 16.74 13.23 16.97 0.00 1.42 Mexico Mar 5.30 28.36 25.25 34.00 54.03 0.03 4.85 Apr 5.30 28.36 25.73 34.43 54.45 0.03 4.90 N. Afr & Mideast 7/ Mar 7.88 31.55 36.41 60.06 68.38 1.07 6.39 Apr 7.88 31.56 36.91 60.36 68.69 1.37 6.30 Saudi Arabia Mar 1.38 0.25 7.21 7.12 7.46 0.00 1.38 Apr 1.38 0.25 7.51 7.42 7.76 0.00 1.38 Southeast Asia 8/ Mar 3.36 30.91 21.41 42.90 52.25 0.56 2.85 Apr 3.36 30.76 21.06 42.40 51.75 0.56 2.85 South Korea Mar 1.96 0.16 11.60 9.33 11.82 0.00 1.91 Apr 2.06 0.16 11.60 9.38 11.72 0.00 2.11 China Mar 213.55 303.47 22.43 244.88 337.18 0.03 202.24 Apr 213.55 303.47 21.95 244.40 336.70 0.03 202.25 ================================================================================ WASDE - 659 - 22 April 2025 World Corn Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2022/23 World 3/ 314.25 1164.18 173.45 735.41 1173.66 180.40 304.77 World Less China 105.11 886.98 154.74 517.41 874.66 180.39 98.73 United States 34.98 346.74 0.98 139.35 305.93 42.22 34.55 Total Foreign 279.28 817.44 172.47 596.06 867.73 138.18 270.22 Major Exporters 4/ 19.40 233.93 1.45 90.81 120.14 115.97 18.67 Argentina 4.75 37.00 0.02 10.00 14.20 25.24 2.32 Brazil 3.97 137.00 1.33 61.50 78.00 54.26 10.04 Russia 0.93 15.83 0.05 8.90 10.00 5.90 0.91 South Africa 1.95 17.10 0.03 6.61 13.24 3.44 2.41 Ukraine 7.80 27.00 0.02 3.80 4.70 27.12 3.00 Major Importers 5/ 23.45 118.65 95.26 157.41 211.61 5.04 20.72 Egypt 1.56 7.44 6.22 11.20 13.70 0.00 1.51 European Union 6/ 11.36 52.38 23.19 55.50 74.70 4.20 8.02 Japan 1.36 0.01 14.93 11.70 15.00 0.00 1.30 Mexico 3.18 28.08 19.39 27.50 46.00 0.05 4.59 Southeast Asia 7/ 3.30 30.56 16.25 38.31 46.46 0.79 2.85 South Korea 2.06 0.09 11.10 9.00 11.35 0.00 1.90 Selected Other Canada 2.75 14.54 2.11 9.55 14.90 2.87 1.63 China 209.14 277.20 18.71 218.00 299.00 0.01 206.04 2023/24 Est. World 3/ 304.77 1229.33 198.03 773.66 1219.77 193.40 314.33 World Less China 98.73 940.49 174.62 548.66 912.77 193.40 103.05 United States 34.55 389.67 0.72 147.46 321.92 58.23 44.79 Total Foreign 270.22 839.66 197.31 626.20 897.85 135.18 269.54 Major Exporters 4/ 18.67 232.53 2.69 93.70 128.25 112.82 12.82 Argentina 2.32 51.00 0.01 10.20 14.40 36.26 2.68 Brazil 10.04 119.00 1.72 63.50 85.00 38.28 7.48 Russia 0.91 16.60 0.05 9.10 10.20 6.60 0.76 South Africa 2.41 13.43 0.90 6.90 13.70 2.20 0.83 Ukraine 3.00 32.50 0.01 4.00 4.95 29.49 1.07 Major Importers 5/ 20.72 123.36 103.33 166.05 221.70 5.02 20.69 Egypt 1.51 7.20 8.02 12.80 15.30 0.00 1.43 European Union 6/ 8.02 61.95 19.83 58.30 78.10 4.39 7.31 Japan 1.30 0.01 15.29 12.00 15.30 0.00 1.30 Mexico 4.59 23.50 24.76 29.50 48.10 0.03 4.72 Southeast Asia 7/ 2.85 30.51 19.29 39.70 48.70 0.60 3.35 South Korea 1.90 0.09 11.55 9.25 11.50 0.00 2.04 Selected Other Canada 1.63 15.42 2.81 9.79 15.80 2.07 2.00 China 206.04 288.84 23.41 225.00 307.00 0.00 211.29 ================================================================================ WASDE - 659 - 23 April 2025 World Corn Supply and Use 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic 2/ Ending Stocks tion Imports Feed Total Exports Stocks ================================================================================ 2024/25 Proj. World 3/ Mar 313.95 1214.17 180.30 779.42 1239.19 186.36 288.94 Apr 314.33 1215.10 182.09 781.19 1241.78 188.68 287.65 World Less China Mar 102.66 919.25 172.30 548.42 926.19 186.34 87.75 Apr 103.05 920.18 174.09 550.19 928.78 188.66 86.47 United States Mar 44.79 377.63 0.64 146.69 321.71 62.23 39.12 Apr 44.79 377.63 0.64 146.06 321.07 64.77 37.22 Total Foreign Mar 269.16 836.54 179.66 632.72 917.48 124.13 249.82 Apr 269.54 837.47 181.46 635.13 920.71 123.91 250.43 Major Exporters 4/ Mar 12.70 232.80 1.58 95.10 131.85 107.00 8.23 Apr 12.82 232.80 1.58 95.10 131.85 107.00 8.34 Argentina Mar 2.59 50.00 0.01 10.00 14.30 36.00 2.29 Apr 2.68 50.00 0.01 10.00 14.30 36.00 2.38 Brazil Mar 7.46 126.00 1.50 64.50 88.00 44.00 2.96 Apr 7.48 126.00 1.50 64.50 88.00 44.00 2.98 Russia Mar 0.76 14.00 0.05 9.50 10.60 3.30 0.91 Apr 0.76 14.00 0.05 9.50 10.60 3.30 0.91 South Africa Mar 0.83 16.00 0.00 6.90 13.80 1.70 1.33 Apr 0.83 16.00 0.00 6.90 13.80 1.70 1.33 Ukraine Mar 1.07 26.80 0.02 4.20 5.15 22.00 0.74 Apr 1.07 26.80 0.02 4.20 5.15 22.00 0.74 Major Importers 5/ Mar 20.52 119.37 104.20 166.20 222.20 3.09 18.79 Apr 20.69 120.53 104.85 168.15 223.90 3.09 19.08 Egypt Mar 1.43 7.00 8.40 12.80 15.40 0.00 1.43 Apr 1.43 7.00 8.40 13.00 15.50 0.00 1.33 European Union 6/ Mar 7.24 58.00 19.50 56.00 75.70 2.50 6.54 Apr 7.31 59.31 20.00 57.70 77.40 2.50 6.73 Japan Mar 1.30 0.02 15.30 12.00 15.35 0.00 1.27 Apr 1.30 0.02 15.30 12.00 15.35 0.00 1.27 Mexico Mar 4.72 23.30 24.50 29.50 48.20 0.03 4.29 Apr 4.72 23.30 25.00 29.90 48.60 0.03 4.39 Southeast Asia 7/ Mar 3.35 30.86 20.50 42.20 51.30 0.56 2.85 Apr 3.35 30.71 20.15 41.70 50.80 0.56 2.85 South Korea Mar 1.94 0.10 11.50 9.30 11.65 0.00 1.89 Apr 2.04 0.10 11.50 9.35 11.55 0.00 2.09 Canada Mar 2.00 15.35 2.20 9.60 15.50 2.10 1.94 Apr 2.00 15.35 2.20 9.60 15.40 2.20 1.94 China Mar 211.29 294.92 8.00 231.00 313.00 0.02 201.18 Apr 211.29 294.92 8.00 231.00 313.00 0.02 201.18 ================================================================================ WASDE - 659 - 24 April 2025 World Rice Supply and Use (Milled Basis) 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2022/23 World 3/ 184.39 516.70 57.67 520.15 55.46 180.93 World Less China 71.39 370.75 53.29 365.16 53.72 74.33 United States 1.26 5.08 1.27 4.60 2.05 0.96 Total Foreign 183.13 511.61 56.40 515.56 53.41 179.97 Major Exporters 4/ 45.49 202.93 3.66 163.34 42.54 46.20 Burma 1.08 11.80 0.01 10.20 1.58 1.11 India 34.00 135.76 0.00 114.51 20.25 35.00 Pakistan 2.38 7.32 0.01 3.93 3.76 2.02 Thailand 4.43 20.91 0.05 12.30 8.74 4.35 Vietnam 3.61 27.14 3.60 22.40 8.23 3.72 Major Importers 5/ 125.49 238.82 23.42 263.84 2.16 121.72 China 113.00 145.95 4.38 154.99 1.74 106.60 European Union 6/ 0.91 1.29 2.32 3.30 0.39 0.83 Indonesia 2.90 33.90 3.50 35.60 0.00 4.70 Nigeria 2.05 5.41 2.28 7.50 0.00 2.23 Philippines 3.10 12.63 3.75 16.10 0.00 3.38 Sel. Mideast 7/ 1.16 2.01 4.46 6.40 0.00 1.22 Selected Other Brazil 0.90 6.82 1.04 7.00 1.15 0.62 C. Amer & Carib 8/ 0.51 1.53 1.98 3.35 0.05 0.62 Egypt 0.61 3.60 0.39 4.00 0.00 0.60 Japan 1.90 7.48 0.66 8.15 0.08 1.81 Mexico 0.15 0.17 0.78 0.98 0.00 0.12 South Korea 1.33 3.76 0.26 3.88 0.06 1.43 2023/24 Est. World 3/ 180.93 522.08 53.43 523.48 56.82 179.53 World Less China 74.33 377.46 51.90 375.36 55.18 76.53 United States 0.96 6.92 1.42 4.92 3.12 1.27 Total Foreign 179.97 515.16 52.01 518.56 53.70 178.27 Major Exporters 4/ 46.20 205.89 3.81 164.95 42.67 48.29 Burma 1.11 11.90 0.01 9.80 2.80 0.42 India 35.00 137.83 0.00 116.40 14.43 42.00 Pakistan 2.02 9.87 0.01 4.00 6.53 1.37 Thailand 4.35 20.00 0.10 12.30 9.89 2.26 Vietnam 3.72 26.30 3.70 22.45 9.04 2.24 Major Importers 5/ 121.72 237.27 20.79 258.64 2.02 119.11 China 106.60 144.62 1.53 148.12 1.63 103.00 European Union 6/ 0.83 1.37 2.11 3.25 0.36 0.70 Indonesia 4.70 33.02 4.65 36.20 0.00 6.17 Nigeria 2.23 5.61 1.89 7.55 0.00 2.17 Philippines 3.38 12.33 4.50 16.60 0.00 3.60 Sel. Mideast 7/ 1.22 2.02 4.63 6.58 0.00 1.30 Selected Other Brazil 0.62 7.20 0.96 7.10 0.97 0.71 C. Amer & Carib 8/ 0.62 1.51 1.85 3.24 0.06 0.68 Egypt 0.60 3.78 0.18 4.05 0.06 0.45 Japan 1.81 7.30 0.72 8.15 0.09 1.60 Mexico 0.12 0.16 0.85 0.99 0.02 0.12 South Korea 1.43 3.70 0.40 4.15 0.13 1.25 ================================================================================ WASDE - 659 - 25 April 2025 World Rice Supply and Use (Milled Basis) 1/ (Contd.) (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Total 2/ Ending Stocks tion Imports Domestic Exports Stocks ================================================================================ 2024/25 Proj. World 3/ Mar 179.56 532.66 55.14 530.71 58.39 181.51 Apr 179.53 535.80 57.08 532.09 60.60 183.24 World Less China Mar 76.56 387.39 53.04 384.84 57.39 78.01 Apr 76.53 390.52 54.98 386.12 59.70 79.74 United States Mar 1.27 7.05 1.52 5.27 3.08 1.49 Apr 1.27 7.05 1.49 5.37 3.03 1.41 Total Foreign Mar 178.29 525.61 53.61 525.44 55.31 180.02 Apr 178.27 528.74 55.59 526.73 57.57 181.82 Major Exporters 4/ Mar 48.09 213.45 3.51 169.80 44.20 51.04 Apr 48.29 215.45 3.71 169.95 46.40 51.09 Burma Mar 0.42 11.85 0.01 10.00 1.50 0.78 Apr 0.42 11.85 0.01 10.00 1.50 0.78 India Mar 42.00 145.00 0.00 121.00 22.00 44.00 Apr 42.00 147.00 0.00 121.00 24.50 43.50 Pakistan Mar 1.37 10.00 0.00 4.10 5.70 1.57 Apr 1.37 10.00 0.00 4.10 5.90 1.37 Thailand Mar 2.26 20.10 0.10 12.30 7.50 2.66 Apr 2.26 20.10 0.10 12.35 7.00 3.11 Vietnam Mar 2.04 26.50 3.40 22.40 7.50 2.04 Apr 2.24 26.50 3.60 22.50 7.50 2.34 Major Importers 5/ Mar 119.20 238.35 20.25 258.50 1.44 117.86 Apr 119.11 238.88 21.35 258.83 1.34 119.17 China Mar 103.00 145.28 2.10 145.88 1.00 103.50 Apr 103.00 145.28 2.10 145.98 0.90 103.50 European Union 6/ Mar 0.76 1.67 2.20 3.35 0.40 0.88 Apr 0.70 1.60 2.30 3.35 0.40 0.84 Indonesia Mar 6.17 34.00 0.80 36.60 0.00 4.37 Apr 6.17 34.60 0.80 36.60 0.00 4.97 Nigeria Mar 2.17 5.23 2.50 7.65 0.00 2.25 Apr 2.17 5.23 2.90 7.75 0.00 2.55 Philippines Mar 3.60 12.00 5.30 17.20 0.00 3.70 Apr 3.60 12.00 5.30 17.20 0.00 3.70 Sel. Mideast 7/ Mar 1.32 2.28 4.85 6.98 0.00 1.47 Apr 1.30 2.28 4.95 7.00 0.00 1.52 Brazil Mar 0.62 8.00 0.90 7.25 1.30 0.97 Apr 0.71 8.20 0.85 7.20 1.28 1.29 C. Amer & Carib 8/ Mar 0.68 1.51 2.04 3.43 0.06 0.74 Apr 0.68 1.51 2.04 3.43 0.06 0.74 Egypt Mar 0.45 3.90 0.18 4.10 0.05 0.38 Apr 0.45 3.90 0.18 4.10 0.05 0.38 Japan Mar 1.60 7.35 0.72 8.00 0.09 1.58 Apr 1.60 7.29 0.70 8.10 0.09 1.40 Mexico Mar 0.14 0.16 0.86 1.01 0.01 0.15 Apr 0.12 0.16 0.88 1.01 0.02 0.14 South Korea Mar 1.25 3.59 0.44 3.95 0.17 1.15 Apr 1.25 3.59 0.44 3.95 0.17 1.15 ================================================================================ WASDE - 659 - 26 April 2025 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2022/23 World 70.88 116.30 37.74 112.64 36.65 -0.27 75.90 World Less China 36.72 85.55 31.51 74.94 36.55 -0.27 42.55 United States 4.60 14.47 3/ 2.05 12.45 -0.08 4.65 Total Foreign 66.28 101.83 37.74 110.59 24.20 -0.19 71.25 Major Exporters 4/ 21.76 55.72 2.47 32.81 20.05 -0.20 27.28 Central Asia 5/ 2.73 5.50 0.10 3.53 1.12 0.00 3.69 Afr. Fr. Zone 6/ 1.01 4.02 3/ 0.10 3.98 0.00 0.96 S. Hemis. 7/ 9.19 19.32 0.14 4.12 13.39 -0.20 11.34 Australia 4.98 5.80 3/ 0.01 6.19 -0.20 4.78 Brazil 2.05 11.72 0.01 3.11 6.66 0.00 4.01 India 8.40 26.30 1.73 24.50 1.10 0.00 10.82 Major Importers 8/ 42.77 42.93 32.86 73.77 3.01 0.02 41.77 Mexico 0.32 1.58 0.69 1.80 0.41 0.00 0.38 China 34.17 30.75 6.23 37.70 0.09 0.00 33.36 European Union 9/ 0.30 1.64 0.52 0.56 1.52 0.00 0.39 Turkey 1.92 4.90 4.19 7.50 0.86 0.02 2.63 Pakistan 1.93 3.90 4.50 8.70 0.10 0.00 1.53 Indonesia 0.46 3/ 1.66 1.75 0.02 0.00 0.36 Thailand 0.15 3/ 0.66 0.68 0.00 0.00 0.14 Bangladesh 2.28 0.15 7.00 7.70 0.00 0.00 1.73 Vietnam 1.02 3/ 6.47 6.45 0.00 0.00 1.05 2023/24 Est. World 75.90 112.98 44.06 114.80 44.61 -0.21 73.74 World Less China 42.55 85.63 29.08 75.90 44.54 -0.21 37.02 United States 4.65 12.07 3/ 1.85 11.75 -0.03 3.15 Total Foreign 71.25 100.92 44.05 112.95 32.86 -0.18 70.59 Major Exporters 4/ 27.28 57.96 1.63 34.38 28.29 -0.18 24.38 Central Asia 5/ 3.69 5.03 0.05 3.89 1.67 0.00 3.20 Afr. Fr. Zone 6/ 0.96 5.02 3/ 0.10 4.59 0.00 1.29 S. Hemis. 7/ 11.34 22.03 0.15 4.22 19.25 -0.18 10.22 Australia 4.78 5.00 3/ 0.01 5.74 -0.18 4.20 Brazil 4.01 14.57 0.01 3.16 12.31 0.00 3.11 India 10.82 25.40 0.89 25.50 2.31 0.00 9.30 Major Importers 8/ 41.77 39.62 39.96 74.50 2.99 0.00 43.87 Mexico 0.38 0.87 0.70 1.50 0.20 0.00 0.24 China 33.36 27.35 14.98 38.90 0.06 0.00 36.72 European Union 9/ 0.39 1.04 0.48 0.51 1.14 0.00 0.26 Turkey 2.63 3.20 3.57 6.60 1.39 0.00 1.41 Pakistan 1.53 7.00 3.20 9.70 0.18 0.00 1.85 Indonesia 0.36 3/ 1.85 1.80 0.01 0.00 0.40 Thailand 0.14 3/ 0.40 0.45 0.00 0.00 0.09 Bangladesh 1.73 0.16 7.58 7.75 0.00 0.00 1.71 Vietnam 1.05 3/ 6.59 6.60 0.00 0.00 1.03 ================================================================================ WASDE - 659 - 27 April 2025 World Cotton Supply and Use 1/ (Million 480-Pound Bales) ================================================================================ Supply Use Region Beginning Produc- Loss Ending Stocks tion Imports Domestic Exports 2/ Stocks ================================================================================ 2024/25 Proj. World Mar 73.71 120.96 42.69 116.54 42.71 -0.22 78.33 Apr 73.74 120.89 42.36 116.02 42.33 -0.22 78.86 World Less China Mar 37.00 89.21 35.89 79.04 42.61 -0.22 40.66 Apr 37.02 88.89 35.86 79.02 42.23 -0.22 40.74 United States Mar 3.15 14.41 0.01 1.70 11.00 -0.03 4.90 Apr 3.15 14.41 0.01 1.70 10.90 -0.03 5.00 Total Foreign Mar 70.56 106.55 42.68 114.84 31.71 -0.19 73.43 Apr 70.59 106.48 42.36 114.32 31.43 -0.19 73.86 Major Exporters 4/ Mar 24.35 60.18 3.47 34.82 27.49 -0.19 25.89 Apr 24.38 59.90 3.52 34.85 27.07 -0.19 26.08 Central Asia 5/ Mar 3.20 5.14 0.10 4.07 1.41 0.00 2.96 Apr 3.20 5.14 0.10 4.07 1.46 0.00 2.91 Afr. Fr. Zone 6/ Mar 1.29 4.71 3/ 0.10 4.58 0.00 1.33 Apr 1.29 4.61 3/ 0.10 4.40 0.00 1.41 S. Hemis. 7/ Mar 10.22 24.76 0.15 4.36 19.66 -0.19 11.30 Apr 10.22 24.57 0.15 4.36 19.41 -0.19 11.37 Australia Mar 4.20 5.40 3/ 0.01 5.40 -0.19 4.38 Apr 4.20 5.40 3/ 0.01 5.30 -0.19 4.48 Brazil Mar 3.11 17.00 0.01 3.30 13.00 0.00 3.82 Apr 3.11 17.00 0.01 3.30 12.90 0.00 3.92 India Mar 9.30 25.00 2.60 25.50 1.40 0.00 10.00 Apr 9.30 25.00 2.60 25.50 1.40 0.00 10.00 Major Importers 8/ Mar 43.87 42.99 36.37 75.53 2.52 0.00 45.18 Apr 43.87 43.20 36.00 74.96 2.70 0.00 45.41 Mexico Mar 0.24 0.83 0.70 1.40 0.15 0.00 0.22 Apr 0.24 0.83 0.65 1.35 0.15 0.00 0.22 China Mar 36.72 31.75 6.80 37.50 0.10 0.00 37.67 Apr 36.72 32.00 6.50 37.00 0.10 0.00 38.12 European Union 9/ Mar 0.26 1.26 0.51 0.54 1.20 0.00 0.29 Apr 0.26 1.21 0.51 0.54 1.17 0.00 0.27 Turkey Mar 1.41 4.00 4.20 7.00 1.00 0.00 1.61 Apr 1.41 4.00 4.30 7.10 1.20 0.00 1.41 Pakistan Mar 1.85 5.00 5.50 10.30 0.05 0.00 2.00 Apr 1.85 5.00 5.50 10.30 0.05 0.00 2.00 Indonesia Mar 0.40 3/ 2.00 2.00 0.01 0.00 0.39 Apr 0.40 3/ 1.90 1.90 0.02 0.00 0.38 Thailand Mar 0.09 3/ 0.45 0.46 0.00 0.00 0.08 Apr 0.09 3/ 0.45 0.46 0.00 0.00 0.08 Bangladesh Mar 1.71 0.15 8.20 8.30 0.00 0.00 1.76 Apr 1.71 0.15 8.20 8.30 0.00 0.00 1.76 Vietnam Mar 1.03 3/ 7.40 7.40 0.00 0.00 1.04 Apr 1.03 3/ 7.40 7.40 0.00 0.00 1.04 ================================================================================ WASDE - 659 - 28 April 2025 World Soybean Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Region Beginning Produc- Domestic Ending Stocks tion Imports Crush Total Exports Stocks ================================================================================ 2022/23 World 2/ 93.48 378.24 168.56 315.60 366.70 171.79 101.79 World Less China 68.33 357.95 64.06 219.60 249.20 171.70 69.45 United States 7.47 116.22 0.67 60.20 63.29 53.87 7.19 Total Foreign 86.01 262.01 167.89 255.41 303.41 117.91 94.60 Major Exporters 3/ 51.49 197.95 9.25 87.23 97.45 106.96 54.28 Argentina 23.69 25.00 9.06 30.32 36.57 4.19 17.00 Brazil 27.38 162.00 0.15 53.41 57.21 95.50 36.82 Paraguay 0.18 10.25 0.01 3.45 3.58 6.50 0.37 Major Importers 4/ 28.24 23.80 135.64 123.45 152.33 0.33 35.03 China 25.15 20.28 104.50 96.00 117.50 0.09 32.34 European Union 1.57 2.61 13.13 14.30 15.82 0.23 1.26 Southeast Asia 5/ 0.64 0.49 8.23 3.90 8.66 0.01 0.68 Mexico 0.65 0.18 6.45 6.65 6.71 0.00 0.56 2023/24 Est. World 2/ 101.79 396.40 178.10 330.78 383.31 177.71 115.27 World Less China 69.45 375.56 66.10 231.78 261.51 177.64 71.96 United States 7.19 113.27 0.57 62.20 65.58 46.13 9.32 Total Foreign 94.60 283.13 177.54 268.58 317.73 131.58 105.95 Major Exporters 3/ 54.28 217.00 8.68 94.14 105.49 120.02 54.46 Argentina 17.00 48.21 7.79 36.58 43.83 5.11 24.05 Brazil 36.82 154.50 0.87 54.40 58.25 104.17 29.76 Paraguay 0.37 11.00 0.01 3.00 3.10 7.99 0.29 Major Importers 4/ 35.03 24.55 144.11 126.75 157.15 0.35 46.19 China 32.34 20.84 112.00 99.00 121.80 0.07 43.31 European Union 1.26 2.81 13.46 14.50 16.00 0.25 1.28 Southeast Asia 5/ 0.68 0.47 9.09 4.37 9.41 0.02 0.83 Mexico 0.56 0.19 6.46 6.53 6.59 0.01 0.61 2024/25 Proj. World 2/ Mar 112.55 420.76 179.20 352.84 409.16 181.95 121.41 Apr 115.27 420.58 179.41 354.84 410.67 182.12 122.47 World Less China Mar 69.24 400.11 70.20 247.84 280.26 181.85 77.45 Apr 71.96 399.93 70.41 249.84 281.77 182.02 78.51 United States Mar 9.32 118.84 0.54 65.59 68.69 49.67 10.34 Apr 9.32 118.84 0.68 65.86 68.96 49.67 10.21 Total Foreign Mar 103.23 301.93 178.65 287.25 340.47 132.28 111.07 Apr 105.95 301.75 178.73 288.97 341.71 132.45 112.26 Major Exporters 3/ Mar 52.51 231.80 6.18 101.20 113.23 120.10 57.17 Apr 54.46 231.80 6.38 102.85 114.78 120.10 57.76 Argentina Mar 24.05 49.00 6.00 42.00 49.60 4.50 24.95 Apr 24.05 49.00 6.20 42.60 50.10 4.50 24.65 Brazil Mar 27.97 169.00 0.15 56.00 60.10 105.50 31.52 Apr 29.76 169.00 0.15 57.00 61.10 105.50 32.31 Paraguay Mar 0.29 10.70 0.02 3.10 3.28 7.30 0.43 Apr 0.29 10.70 0.02 3.10 3.28 7.30 0.43 Major Importers 4/ Mar 45.71 24.48 143.94 134.52 166.49 0.42 47.22 Apr 46.19 24.56 144.03 134.32 166.15 0.42 48.20 China Mar 43.31 20.65 109.00 105.00 128.90 0.10 43.96 Apr 43.31 20.65 109.00 105.00 128.90 0.10 43.96 European Union Mar 1.12 2.85 14.60 15.20 16.97 0.30 1.30 Apr 1.28 2.92 14.60 15.00 16.52 0.30 1.98 Southeast Asia 5/ Mar 0.84 0.46 10.29 5.13 10.34 0.01 1.24 Apr 0.83 0.46 10.38 5.13 10.43 0.01 1.22 Mexico Mar 0.27 0.27 6.70 6.65 6.71 0.00 0.53 Apr 0.61 0.27 6.70 6.65 6.71 0.01 0.86 ================================================================================ WASDE - 659 - 29 April 2025 World Soybean Meal Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2022/23 World 2/ 16.64 248.47 63.30 247.07 67.05 14.29 World Less China 15.93 172.44 63.26 172.02 66.26 13.35 United States 0.28 47.62 0.58 34.95 13.20 0.34 Total Foreign 16.36 200.85 62.72 212.13 53.86 13.95 Major Exporters 3/ 6.88 73.59 0.10 30.08 43.97 6.52 Argentina 2.80 23.65 0.07 3.45 20.76 2.30 Brazil 3.66 41.70 0.01 20.00 21.33 4.03 India 0.42 8.24 0.03 6.63 1.87 0.20 Major Importers 4/ 2.32 21.55 36.68 57.95 0.98 1.62 European Union 0.66 11.30 16.00 26.74 0.74 0.47 Mexico 0.15 5.26 1.67 6.93 0.00 0.15 Southeast Asia 5/ 1.42 3.04 17.47 20.73 0.24 0.96 China 0.71 76.03 0.04 75.05 0.80 0.94 2023/24 Est. World 2/ 14.29 259.40 69.52 254.46 74.18 14.57 World Less China 13.35 181.00 69.49 177.31 72.75 13.78 United States 0.34 49.08 0.62 35.02 14.61 0.41 Total Foreign 13.95 210.32 68.90 219.44 59.57 14.16 Major Exporters 3/ 6.52 79.14 0.05 30.58 49.58 5.56 Argentina 2.30 28.54 0.00 3.50 24.89 2.44 Brazil 4.03 41.57 0.02 20.00 22.72 2.89 India 0.20 9.04 0.03 7.08 1.97 0.22 Major Importers 4/ 1.62 21.79 38.39 58.69 0.87 2.23 European Union 0.47 11.46 16.54 26.94 0.65 0.87 Mexico 0.15 5.16 1.94 7.08 0.00 0.16 Southeast Asia 5/ 0.96 3.41 18.09 21.09 0.22 1.15 China 0.94 78.41 0.03 77.15 1.43 0.79 2024/25 Proj. World 2/ Mar 14.32 276.90 74.46 270.40 77.92 17.35 Apr 14.57 278.63 76.31 271.81 79.86 17.85 World Less China Mar 13.52 193.74 74.41 188.75 76.72 16.20 Apr 13.78 195.47 76.26 190.16 78.66 16.69 United States Mar 0.41 51.66 0.61 36.49 15.79 0.41 Apr 0.41 51.98 0.57 36.76 15.79 0.41 Total Foreign Mar 13.91 225.24 73.84 233.90 62.14 16.95 Apr 14.16 226.65 75.75 235.04 64.08 17.44 Major Exporters 3/ Mar 5.23 84.68 0.07 32.23 52.10 5.66 Apr 5.56 86.02 0.07 31.73 53.60 6.32 Argentina Mar 2.44 32.76 0.01 3.50 29.00 2.71 Apr 2.44 33.23 0.01 3.50 29.50 2.68 Brazil Mar 2.57 43.12 0.01 21.00 22.00 2.70 Apr 2.89 43.99 0.01 20.50 23.00 3.39 India Mar 0.22 8.80 0.05 7.73 1.10 0.25 Apr 0.22 8.80 0.05 7.73 1.10 0.25 Major Importers 4/ Mar 2.23 23.17 41.18 62.26 1.24 3.07 Apr 2.23 23.01 42.08 62.96 1.24 3.11 European Union Mar 0.81 12.01 17.60 28.29 0.90 1.22 Apr 0.87 11.85 18.20 28.84 0.90 1.18 Mexico Mar 0.16 5.26 2.20 7.33 0.00 0.28 Apr 0.16 5.26 2.30 7.43 0.00 0.28 Southeast Asia 5/ Mar 1.22 4.00 19.58 22.95 0.34 1.50 Apr 1.15 4.00 19.78 23.00 0.34 1.59 China Mar 0.79 83.16 0.05 81.65 1.20 1.15 Apr 0.79 83.16 0.05 81.65 1.20 1.15 ================================================================================ WASDE - 659 - 30 April 2025 World Soybean Oil Supply and Use 1/ (Million Metric Tons) ================================================================================ Supply Use Stocks tion Imports Domestic Exports Stocks Region Beginning Produc- Total Exports Ending ================================================================================ 2022/23 World 2/ 5.34 60.70 11.13 59.56 11.74 5.87 World Less China 4.95 42.46 10.73 41.66 11.63 4.85 United States 0.90 11.90 0.17 12.07 0.17 0.73 Total Foreign 4.43 48.80 10.96 47.49 11.57 5.14 Major Exporters 3/ 2.07 19.94 0.65 12.44 8.26 1.97 Argentina 0.53 5.99 0.00 1.66 4.14 0.72 Brazil 0.97 10.58 0.03 8.30 2.69 0.59 European Union 0.55 2.72 0.62 2.41 0.92 0.57 Major Importers 4/ 0.92 21.13 6.40 26.35 0.18 1.93 China 0.39 18.24 0.40 17.90 0.11 1.01 India 0.19 1.85 3.97 5.40 0.01 0.60 North Africa 5/ 0.32 0.74 1.36 2.06 0.06 0.30 2023/24 Est. World 2/ 5.87 63.92 10.59 62.86 11.81 5.71 World Less China 4.85 45.11 10.21 43.96 11.70 4.51 United States 0.73 12.29 0.28 12.32 0.28 0.70 Total Foreign 5.14 51.64 10.31 50.54 11.53 5.01 Major Exporters 3/ 1.97 21.63 0.67 14.68 8.04 1.55 Argentina 0.72 7.25 0.00 1.77 5.53 0.67 Brazil 0.59 11.06 0.08 10.20 1.35 0.18 European Union 0.57 2.76 0.59 2.63 0.66 0.62 Major Importers 4/ 1.93 22.14 5.41 26.98 0.26 2.24 China 1.01 18.81 0.38 18.90 0.10 1.20 India 0.60 2.03 3.31 5.18 0.02 0.75 North Africa 5/ 0.30 0.93 1.15 1.97 0.14 0.27 2024/25 Proj. World 2/ Mar 6.23 68.11 12.77 67.55 13.48 6.08 Apr 5.71 68.69 13.15 67.86 13.87 5.82 World Less China Mar 5.03 48.16 12.27 47.05 13.38 5.03 Apr 4.51 48.74 12.65 47.36 13.70 4.84 United States Mar 0.70 13.01 0.25 12.45 0.82 0.69 Apr 0.70 13.06 0.25 12.32 1.04 0.66 Total Foreign Mar 5.53 55.10 12.52 55.10 12.66 5.39 Apr 5.01 55.63 12.90 55.55 12.83 5.16 Major Exporters 3/ Mar 2.13 23.06 0.70 14.82 9.30 1.76 Apr 1.55 23.52 0.70 14.90 9.30 1.56 Argentina Mar 0.68 8.38 0.01 2.16 6.25 0.65 Apr 0.67 8.50 0.01 1.97 6.55 0.65 Brazil Mar 0.71 11.20 0.04 9.93 1.55 0.48 Apr 0.18 11.58 0.04 10.20 1.30 0.30 European Union Mar 0.66 2.89 0.65 2.66 0.95 0.59 Apr 0.62 2.85 0.65 2.66 0.90 0.57 Major Importers 4/ Mar 2.16 23.38 6.80 29.98 0.21 2.16 Apr 2.24 23.39 7.13 30.32 0.27 2.17 China Mar 1.20 19.95 0.50 20.50 0.10 1.05 Apr 1.20 19.95 0.50 20.50 0.17 0.98 India Mar 0.75 1.98 4.40 6.32 0.02 0.80 Apr 0.75 1.98 4.60 6.52 0.02 0.80 North Africa 5/ Mar 0.19 1.05 1.25 2.14 0.08 0.28 Apr 0.27 1.06 1.33 2.23 0.08 0.34 ================================================================================ WASDE - 659 - 31 April 2025 U.S. Quarterly Animal Product Production 1/ ================================================================================ Year Red Total Red and meat poultry meat & quarter Beef Pork 2/ Broiler Turkey 3/ poultry Egg Milk ================================================================================ Million Pounds Mil doz Bil lbs 2023 Annual 26967 27302 54448 46387 5457 52431 106880 9150 226.3 2024 I 6560 7094 13699 11431 1269 12834 26533 2269 56.9 II 6766 6714 13523 11654 1306 13106 26629 2234 57.3 III 6780 6775 13597 12004 1282 13435 27032 2245 56.1 IV 6883 7207 14133 11905 1264 13302 27435 2269 55.5 Mar Est. 26988 27790 54951 46994 5121 52677 107629 9017 225.9 Apr Est. 26988 27790 54951 46994 5121 52677 107629 9017 225.9 2025 I 6545 6955 13539 11700 1175 13000 26539 2115 56.7 II* 6745 6750 13536 11850 1210 13200 26736 2150 57.9 III* 6695 6925 13662 12150 1240 13540 27202 2230 56.5 IV* 6715 7445 14203 12075 1265 13475 27678 2335 55.9 MarProj. 26685 28425 55277 47700 4925 53190 108467 8885 226.2 AprProj. 26700 28075 54939 47775 4890 53215 108154 8830 226.9 ================================================================================ U.S. Quarterly Prices for Animal Products ================================================================================ Year Barrows and Streers and gilts Broilers Turkeys Eggs Milk quarter 2/ 3/ 4/ 5/ 6/ 7/ ================================================================================ Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2023 Annual 175.54 58.59 124.4 140.1 192.4 20.34 2024 I 181.03 54.97 128.0 92.1 258.5 20.47 II 188.42 65.53 132.1 95.7 227.1 21.77 III 189.26 63.71 127.4 93.3 317.2 23.97 IV 189.75 62.03 130.0 93.6 409.5 24.23 Mar Est. 187.12 61.56 129.4 93.7 303.1 22.61 Apr Est. 187.12 61.56 129.4 93.7 303.1 22.61 2025 I 205.02 62.57 130.8 94.8 675.3 23.37 II* 204.00 63.00 135.0 100.0 325.0 20.10 III* 206.00 65.00 132.0 102.0 275.0 19.90 IV* 207.00 54.00 132.0 103.0 300.0 21.00 MarProj. 200.0 63.0 131.0 96.0 424.0 21.60 AprProj. 206.0 61.0 133.0 100.0 394.0 21.10 ================================================================================ WASDE - 659 - 32 April 2025 U.S. Meats Supply and Use ================================================================================ Disappearance Beg- Produc- Per Item inning tion Total Ending capita stocks 1/ Imports Supply Exports stocks Total 2/ 3/ ================================================================================ Million Pounds 4/ Beef 2023 723 27034 3725 31482 3038 638 27807 57.7 2024 Est. Mar 638 27055 4635 32328 3003 602 28722 59.1 Apr 638 27055 4635 32328 3003 602 28722 59.1 2025 Proj. Mar 602 26752 4875 32229 2820 585 28824 58.9 Apr 602 26767 4860 32229 2685 580 28964 59.2 Pork 2023 504 27318 1142 28965 6824 471 21670 49.9 2024 Est. Mar 471 27805 1148 29424 7115 435 21873 49.9 Apr 471 27805 1148 29424 7115 435 21873 49.9 2025 Proj. Mar 435 28440 1115 29991 7220 425 22346 50.7 Apr 435 28090 1105 29631 6955 425 22251 50.4 TotalRed Meat5/ 2023 1256 54540 5152 60948 9867 1130 49950 108.9 2024 Est. Mar 1130 55043 6148 62321 10123 1058 51139 110.4 Apr 1130 55043 6148 62321 10123 1058 51140 110.4 2025 Proj. Mar 1058 55369 6355 62782 10045 1031 51706 111.0 Apr 1058 55030 6320 62408 9645 1026 51737 111.0 Broiler 2023 892 45890 131 46914 7260 835 38819 98.9 2024 Est. Mar 835 46491 150 47475 6724 761 39990 101.0 Apr 835 46491 150 47475 6724 761 39990 101.0 2025 Proj. Mar 761 47190 140 48091 6530 760 40801 102.4 Apr 761 47264 145 48170 6475 770 40925 102.7 Turkey 2023 190 5457 35 5682 490 243 4949 14.7 2024 Est. Mar 243 5121 37 5401 486 219 4696 13.8 Apr 243 5121 37 5401 486 219 4696 13.8 2025 Proj. Mar 219 4925 27 5171 440 200 4531 13.2 Apr 219 4890 28 5137 425 200 4512 13.2 Total Poultry6/ 2023 1087 51934 170 53192 7770 1085 44337 115.3 2024 Est. Mar 1085 52174 190 53449 7231 985 45234 116.4 Apr 1085 52174 190 53449 7231 985 45234 116.4 2025 Proj. Mar 985 52679 171 53834 6986 966 45883 117.2 Apr 985 52703 175 53863 6921 976 45966 117.4 RedMeat& Poultry 2023 2343 106474 5322 114140 17637 2215 94287 224.1 2024 Est. Mar 2215 107217 6338 115770 17354 2043 96373 226.8 Apr 2215 107217 6338 115770 17354 2043 96373 226.8 2025 Proj. Mar 2043 108048 6526 116616 17031 1997 97589 228.2 Apr 2043 107733 6495 116271 16566 2002 97703 228.4 ================================================================================ WASDE - 659 - 33 April 2025 U.S. Egg Supply and Use ================================================================================ 2022 2023 2024 Est. 2024 Est. 2025Proj. 2025Proj. Commodity Mar Apr Mar Apr ================================================================================ Million Dozen Eggs Supply BeginningStocks 19.1 18.8 23.1 23.1 14.2 14.2 Production 9116.8 9150.3 9016.6 9016.6 8885.0 8830.0 Imports 26.0 27.5 30.1 30.1 67.0 75.0 Total Supply 9161.9 9196.5 9069.8 9069.8 8966.2 8919.2 Use Exports 226.6 250.5 234.4 234.4 186.0 188.0 Hatching Use 1117.3 1112.5 1144.3 1144.3 1160.0 1155.0 Ending Stocks 18.8 23.1 14.2 14.2 19.0 19.0 Disappearance Total 7799.3 7810.5 7676.9 7676.9 7601.2 7557.2 Per Capita (number) 279.9 278.0 270.8 270.8 266.5 264.9 ================================================================================ U.S. Milk Supply and Use ================================================================================ 2022 2023 2024 Est. 2024 Est. 2025Proj. 2025Proj. Commodity Mar Apr Mar Apr ================================================================================ Billion Pounds Milk Production 226.4 226.3 225.9 225.9 226.2 226.9 Farm Use 1.0 1.0 1.0 1.0 1.0 1.0 FatBasisSupply BeginningStocks 14.3 14.4 13.8 13.8 13.1 13.1 Marketings 225.4 225.3 224.9 224.9 225.2 225.9 Imports 7.1 7.4 9.1 9.1 8.9 8.5 Total Supply 246.8 247.1 247.8 247.8 247.2 247.5 FatBasisUse Exports 12.8 10.5 11.8 11.8 11.7 11.8 Ending Stocks 14.4 13.8 13.1 13.1 12.4 12.6 Domestic Use 219.6 222.8 222.9 222.9 223.1 223.1 Skim-solidBasisSupply BeginningStocks 11.1 11.7 9.9 9.9 10.0 10.0 Marketings 225.4 225.3 224.9 224.9 225.2 225.9 Imports 6.7 6.3 6.8 6.8 7.0 6.7 Total Supply 243.2 243.3 241.6 241.6 242.3 242.7 Skim-solidBasisUse Exports 52.9 49.9 48.8 48.8 47.5 44.6 Ending Stocks 11.7 9.9 10.0 10.0 10.5 10.8 Domestic Use 178.7 183.5 182.8 182.8 184.3 187.3 ================================================================================ WASDE - 659 - 34 April 2025 U.S. Dairy Prices ================================================================================ Commod- 2022 2023 2024 Est. 2024 Est. 2025 Proj. 2025 Proj. ity Mar Apr Mar Apr ================================================================================ Dollars Per Pound Product Prices 1/ Cheese 2.1122 1.7593 1.8634 1.8634 1.810 1.790 Butter 2.8665 2.6170 2.8870 2.8870 2.515 2.445 Nonfat Dry Milk 1.6851 1.1856 1.2420 1.2420 1.255 1.220 Dry Whey 0.6057 0.3618 0.4913 0.4913 0.525 0.510 Milk Prices 2/ Dollars Per Cwt ClassIII 21.96 17.02 18.89 18.89 17.95 17.60 Class IV 24.47 19.12 20.75 20.75 18.80 18.20 All Milk 3/ 25.34 20.34 22.61 22.61 21.60 21.10 ================================================================================ WASDE - 659 - 35 April 2025 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 29 14 U.S. 0.2 0.3 0.1 0.0 0.3 19 12 Foreign 0.5 0.9 2.0 0.2 6.8 29 14 Exports World 3.8 6.5 4.3 0.4 14.3 34 9 U.S. 2.5 4.1 0.6 0.0 2.1 18 24 Foreign 4.9 8.3 4.4 0.1 13.3 34 9 Domestic Use World 0.7 1.2 3.4 0.1 9.4 19 24 U.S. 3.1 5.1 0.7 0.0 2.2 16 27 Foreign 0.7 1.2 3.2 0.0 9.6 19 23 Ending Stocks World 3.1 5.2 4.2 0.0 14.5 30 12 U.S. 7.8 13.2 0.9 0.0 4.1 26 17 Foreign 3.4 5.7 3.7 0.0 12.6 31 11 COARSE GRAINS 2/ Production World 1.0 1.7 8.9 0.3 42.1 34 9 U.S. 0.2 0.3 0.2 0.0 1.8 17 12 Foreign 1.5 2.5 9.0 0.3 42.1 34 9 Exports World 4.5 7.6 4.8 0.1 21.8 30 13 U.S. 6.7 11.2 2.8 0.0 7.2 24 19 Foreign 7.2 12.2 4.9 0.3 21.2 32 11 Domestic Use World 0.9 1.4 6.5 0.0 20.3 20 23 U.S. 2.2 3.8 3.2 0.1 16.8 17 26 Foreign 1.0 1.7 6.1 0.2 22.7 25 18 Ending Stocks World 9.3 15.6 11.9 0.2 144.9 36 7 U.S. 11.1 18.6 3.6 0.0 12.1 20 23 Foreign 11.7 19.7 10.6 0.5 144.9 37 6 RICE, milled Production World 1.2 2.1 3.4 0.0 13.3 35 8 U.S. 1.3 2.1 0.0 0.0 0.2 11 5 Foreign 1.3 2.1 3.4 0.0 13.3 35 8 Exports World 7.7 13.0 1.6 0.1 4.5 33 10 U.S. 6.2 10.5 0.1 0.0 0.5 20 20 Foreign 8.5 14.3 1.5 0.0 4.4 33 10 Domestic Use World 1.0 1.8 3.0 0.1 13.7 31 12 U.S. 6.8 11.5 0.2 0.0 0.5 16 26 Foreign 1.1 1.8 3.0 0.2 13.4 31 12 Ending Stocks World 7.9 13.2 4.5 0.1 26.1 30 13 U.S. 18.1 30.4 0.2 0.0 0.4 25 18 Foreign 8.2 13.8 4.5 0.1 26.1 29 14 ================================================================================ WASDE - 659 - 36 April 2025 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 1.6 2.7 2.5 0.2 7.9 25 18 U.S. 1.3 2.2 0.7 0.0 3.2 18 18 Foreign 2.6 4.4 2.3 0.0 8.1 27 16 Exports World 4.9 8.3 2.8 0.1 13.2 27 16 U.S. 5.4 9.1 1.4 0.0 6.3 28 15 Foreign 11.1 18.6 2.6 0.2 15.9 24 19 Domestic Use World 1.7 2.9 2.7 0.0 10.3 23 20 U.S. 2.2 3.7 0.8 0.1 2.4 26 17 Foreign 2.1 3.5 2.3 0.0 10.4 21 22 Ending Stocks World 11.0 18.5 3.4 0.0 13.2 25 18 U.S. 34.1 57.4 1.7 0.1 6.8 18 25 Foreign 12.1 20.3 3.1 0.0 12.8 27 16 COTTON Production World 1.6 2.7 1.1 0.0 5.2 31 11 U.S. 0.4 0.7 0.0 0.0 0.2 17 18 Foreign 1.9 3.3 1.1 0.0 5.1 30 12 Exports World 4.2 7.1 1.1 0.1 4.2 27 16 U.S. 4.6 7.8 0.4 0.0 1.4 19 21 Foreign 5.5 9.3 1.0 0.1 3.9 26 17 Domestic Use World 2.2 3.7 1.6 0.0 8.5 25 18 U.S. 6.2 10.4 0.2 0.0 0.8 20 18 Foreign 2.2 3.7 1.6 0.2 7.8 25 18 Ending Stocks World 7.1 12.0 3.2 0.0 9.0 27 16 U.S. 14.1 23.7 0.4 0.0 1.6 19 24 Foreign 7.6 12.8 3.1 0.1 9.1 25 18 ================================================================================ WASDE - 659 - 37 April 2025 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 6 0 72 1 7 Exports 6.8 11.5 102 13 248 21 22 Domestic Use 2.1 3.6 111 5 474 18 25 Ending Stocks 12.6 21.2 145 3 470 20 23 SORGHUM Production 0.1 0.2 0 0 4 0 2 Exports 11.6 19.6 19 0 72 28 14 Domestic Use 9.9 16.7 21 0 158 16 25 Ending Stocks 37.4 63.0 20 0 148 19 23 BARLEY Production 0.9 1.6 1 0 11 22 4 Exports 16.4 27.6 3 0 13 12 25 Domestic Use 5.4 9.1 10 0 64 20 20 Ending Stocks 12.3 20.8 12 0 52 26 16 OATS Production 0.4 0.7 0 0 2 5 4 Exports 31.7 53.4 0 0 3 7 6 Domestic Use 3.9 6.5 8 0 26 12 28 Ending Stocks 14.0 23.6 9 1 30 28 15 Thousand Short Tons SOYBEAN MEAL Production 2.6 4.4 789 4 2667 31 12 Exports 7.8 13.1 552 25 2326 33 10 Domestic Use 2.1 3.6 510 100 2066 28 15 Ending Stocks 33.4 56.3 67 0 253 17 24 Million Pounds SOYBEAN OIL Production 2.5 4.3 376 15 1058 32 11 Exports 18.2 30.7 230 0 777 28 14 Domestic Use 1.9 3.2 249 0 576 25 17 Ending Stocks 17.0 28.6 235 5 753 27 16 ANIMAL PROD. 3/ Million Pounds Beef 2.3 3.8 475 19 1388 28 15 Pork 2.1 3.5 303 10 983 24 19 Broilers 1.3 2.2 313 6 1006 28 15 Turkeys 2.7 4.5 109 3 398 19 24 Million Dozen Eggs 1.6 2.7 94 4 433 28 15 Billion Pounds Milk 1.1 1.9 1.4 0.0 5.2 20 22 ================================================================================