May 2019 WASDE - usda.gov · May 2019 WASDE - 588 - 8 World and U.S Supply and Use for Grains 1/...

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May 2019 WASDE - 588 - 8 World and U.S Supply and Use for Grains 1/ Million Metric Tons World Output Total Supply Trade 2/ Total Use 3/ Ending Stocks Total Grains 4/ 2017/18 XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2018/19 (Est.) XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX Wheat 2017/18 XXX.XX XXXX.XX XXX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXXX.XX XXX.XX XXX.XX XXX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX Coarse Grains 5/ 2017/18 XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2018/19 (Est.) XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX Rice, milled 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XXX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX United States Output Total Supply Trade 2/ Total Use 3/ Ending Stocks Total Grains 4/ 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX Wheat 2017/18 XX.XX XX.XX XX.XX XX.XX XX.XX 2018/19 (Est.) XX.XX XX.XX XX.XX XX.XX XX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX Coarse Grains 5/ 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX Rice, milled 2017/18 X.XX X.XX X.XX X.XX X.XX 2018/19 (Est.) X.XX X.XX X.XX X.XX X.XX 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX X.XX 1/ Aggregate of local marketing years. 2/ Based on export estimate. See individual commodity tables for treatment of export/import imbalances. 3/ Total use for the United States is equal to domestic consumption only (excludes exports). 4/ Wheat, coarse grains, and milled rice. 5/ Corn, sorghum, barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and mixed grains).

Transcript of May 2019 WASDE - usda.gov · May 2019 WASDE - 588 - 8 World and U.S Supply and Use for Grains 1/...

May 2019

WASDE - 588 - 8

World and U.S Supply and Use for Grains 1/

Million Metric Tons

World Output Total Supply Trade 2/ Total

Use 3/ Ending Stocks

Total Grains 4/ 2017/18 XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2018/19 (Est.) XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Wheat 2017/18 XXX.XX XXXX.XX XXX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXXX.XX XXX.XX XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Coarse Grains 5/ 2017/18 XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX 2018/19 (Est.) XXXX.XX XXXX.XX XXX.XX XXXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Rice, milled 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler

United States Output Total

Supply Trade 2/ Total

Use 3/ Ending Stocks

Total Grains 4/ 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Wheat 2017/18 XX.XX XX.XX XX.XX XX.XX XX.XX 2018/19 (Est.) XX.XX XX.XX XX.XX XX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Coarse Grains 5/ 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Rice, milled 2017/18 X.XX X.XX X.XX X.XX X.XX 2018/19 (Est.) X.XX X.XX X.XX X.XX X.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX X.XX

filler filler filler filler filler

1/ Aggregate of local marketing years. 2/ Based on export estimate. See individual commodity tables for treatment of export/import imbalances. 3/ Total use for the United States is equal to domestic consumption only (excludes exports). 4/ Wheat, coarse grains, and milled rice. 5/ Corn, sorghum, barley, oats, rye, millet, and mixed grains (for U.S. excludes millet and mixed grains).

May 2019

WASDE - 588 - 9

World and U.S. Supply and Use for Grains, Continued 1/

Million Metric Tons

Foreign 3/ Output Total

Supply Trade 2/ Total

Use Ending Stocks

Total Grains 4/ 2017/18 X,XXX.XX X,XXX.XX XXX.XX X,XXX.XX XXX.XX 2018/19 (Est.) X,XXX.XX X,XXX.XX XXX.XX X,XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Wheat 2017/18 XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Coarse Grains 5/ 2017/18 XXX.XX X,XXX.XX XXX.XX X,XXX.XX XXX.XX 2018/19 (Est.) XXX.XX X,XXX.XX XXX.XX X,XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Rice, milled 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler

1/ Aggregate of local marketing years. 2/ Based on export estimate. See individual commodity tables for treatment of export/import imbalances. 3/ Total foreign is equal to world minus United States. 4/ Wheat, coarse grains, and milled rice. 5/ Corn, sorghum, barley, oats, rye, millet, and mixed grains.

World and U.S. Supply and Use for Cotton 1/

Million 480-lb. Bales

Output

Total Supply Trade 2/

Total Use 3/

Ending Stocks

World 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler United States 2017/18 XX.XX XX.XX XX.XX X.XX X.XX 2018/19 (Est.) XX.XX XX.XX XX.XX X.XX X.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX X.XX

filler filler filler filler filler Foreign 4/ 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler

1/ Marketing year beginning August 1. 2/ Based on export estimate. 3/ Includes mill use only. 4/ Total Foreign is equal to world minus United States. See global cotton tables for treatment of export/import imbalances.

May 2019

WASDE - 588 - 10

World and U.S. Supply and Use for Oilseeds 1/

(Million Metric Tons)

World Output Total

Supply Trade Total

Use 2/ Ending Stocks

Oilseeds 2017/18 XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XXX.XX

filler filler filler filler filler Oilmeals 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Vegetable Oils 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler

United States Output Total

Supply Trade Total Use 2/ Ending

Stoc ks Oilseeds 2017/18 XXX.XX XXX.XX XX.XX XX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Oilmeals 2017/18 XX.XX XX.XX XX.XX XX.XX X.XX 2018/19 (Est.) XX.XX XX.XX XX.XX XX.XX X.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX X.XX

filler filler filler filler filler Vegetable Oils 2017/18 XX.XX XX.XX X.XX XX.XX X.XX 2018/19 (Est.) XX.XX XX.XX X.XX XX.XX X.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX X.XX

filler filler filler filler filler

Foreign 3/ Output Total

Supply Trade Total Use 2/ Ending

Stoc ks Oilseeds 2017/18 XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX 2018/19 (Est.) XXX.XX XXX.XX XXX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Oilmeals 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler Vegetable Oils 2017/18 XXX.XX XXX.XX XX.XX XXX.XX XX.XX 2018/19 (Est.) XXX.XX XXX.XX XX.XX XXX.XX XX.XX

filler filler filler filler filler 2019/20 (Proj.) Apr NA NA NA NA NA 2019/20 (Proj.) May X.XX X.XX X.XX X.XX XX.XX

filler filler filler filler filler

1/ Aggregate of local marketing years with Brazil and Argentina on an Oct.-Sept. year. 2/ Crush only for oilseeds. 3/ Total Foreign is equal to World minus United States.

May 2019

WASDE - 588 - 11

U.S. Wheat Supply and Use 1/

2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Apr May

Million Acres Area Planted XX.X XX.X NA X.X * Area Harvested XX.X XX.X NA X.X * Bushels Yield per Harvested Acre XX.X XX.X NA X.X * Million Bushels Beginning Stocks X,XXX X,XXX NA X,XXX Production X,XXX X,XXX NA X Imports XXX XXX NA X Supply, Total X,XXX X,XXX NA X Food XXX XXX NA X Seed XX XX NA X Feed and Residual XX XX NA X Domestic, Total X,XXX X,XXX NA X Exports XXX XXX NA X Use, Total X,XXX X,XXX NA X Ending Stocks X,XXX X,XXX NA X,XXX Avg. Farm Price ($/bu) 2/ X.XX X.XX NA X.XX

U.S. Wheat by Class: Supply and Use

Year beginning June 1 Hard Red Winter

Hard Red Spring

Soft Red Winter White Durum Total

Million Bushels 2018/19 (Est.) Beginning Stocks XXX XXX XXX XX XX X,XXX Production XXX XXX XXX XXX XX X,XXX Supply, Total 3/ X,XXX XXX XXX XXX XXX X,XXX Domestic Use XXX XXX XXX XX XX X,XXX Exports XXX XXX XXX XXX XX XXX Use, Total XXX XXX XXX XXX XXX X,XXX Ending Stocks, Total May XXX XXX XXX XX XX X,XXX

Ending Stocks, Total Apr XXX XXX XXX XX XX X,XXX

Note: Totals may not add due to rounding. 1/ Marketing year beginning June 1. 2/ Marketing-year weighted average price received by farmers. 3/ Includes imports.

May 2019

WASDE - 588 - 12

U.S. Feed Grain and Corn Supply and Use 1/

FEED GRAINS 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj.

Apr May Million Acres Area Planted XXX.X XXX.X NA X.X * Area Harvested XX.X XX.X NA X.X * Metric Tons Yield per Harvested Acre X.XX X.XX NA X.XX Million Metric Tons Beginning Stocks XX.X XX.X NA XX.X Production XXX.X XXX.X NA X.X Imports X.X X.X NA X.X Supply, Total XXX.X XXX.X NA X.X Feed and Residual XXX.X XXX.X NA X.X Food, Seed & Industrial XXX.X XXX.X NA X.X Domestic, Total XXX.X XXX.X NA X.X Exports XX.X XX.X NA X.X Use, Total XXX.X XXX.X NA X.X Ending Stocks XX.X XX.X NA XX.X

CORN 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Million Acres Area Planted XX.X XX.X NA X.X * Area Harvested XX.X XX.X NA X.X * Bushels Yield per Harvested Acre XXX.X XXX.X NA X.X * Million Bushels Beginning Stocks X,XXX X,XXX NA X,XXX Production XX,XXX XX,XXX NA X Imports XX XX NA X Supply, Total XX,XXX XX,XXX NA X Feed and Residual X,XXX X,XXX NA X Food, Seed & Industrial 2/ X,XXX X,XXX NA X Ethanol & by-products 3/ X,XXX X,XXX NA X Domestic, Total XX,XXX XX,XXX NA X Exports X,XXX X,XXX NA X Use, Total XX,XXX XX,XXX NA X Ending Stocks X,XXX X,XXX NA X,XXX Avg. Farm Price ($/bu) 4/ X.XX X.XX NA X.XX

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 breakout of FSI corn uses, see Feed Outlook table 5 or access the data on the Web through the Feed Grains Database at www.ers.usda.gov/data-products/feed-grains-database.aspx. 3/ Corn processed in ethanol plants to produce ethanol and by-products including distillers' grains, corn gluten feed, corn gluten meal, and corn oil. 4/ Marketing-year weighted average price received by farmers.

May 2019

WASDE - 588 - 13

U.S. Sorghum, Barley, and Oats Supply and Use 1/

SORGHUM 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj.

Apr May Million Bushels Filler Filler Filler Filler Filler Area Planted (mil. acres) X.X X.X NA X.X * Area Harvested (mil. acres) X.X X.X NA X.X * Yield (bushels/acre) XX.X XX.X NA X.X * Beginning Stocks XX XX NA XX Production XXX XXX NA X Imports X X NA X Supply, Total XXX XXX NA X Feed and Residual XX XXX NA X Food, Seed & Industrial XX XXX NA X Total Domestic XXX XXX NA X Exports XXX XX NA X Use, Total XXX XXX NA X Ending Stocks XX XX NA XX Avg. Farm Price ($/bu) 2/ X.XX X.XX NA X.XX Filler Filler Filler Filler Filler

BARLEY 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Filler Filler Filler Filler Filler Area Planted (mil. acres) X.X X.X NA X.X * Area Harvested (mil. acres) X.X X.X NA X.X * Yield (bushels/acre) XX.X XX.X NA X.X * Beginning Stocks XXX XX NA XX Production XXX XXX NA X Imports X X NA X Supply, Total XXX XXX NA X Feed and Residual X X NA X Food, Seed & Industrial XXX XXX NA X Total Domestic XXX XXX NA X Exports X X NA X Use, Total XXX XXX NA X Ending Stocks XX XX NA XX Avg. Farm Price ($/bu) 2/ X.XX X.XX NA X.XX Filler Filler Filler Filler Filler

OATS 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Filler Filler Filler Filler Filler Area Planted (mil. acres) X.X X.X NA X.X * Area Harvested (mil. acres) X.X X.X NA X.X * Yield (bushels/acre) XX.X XX.X NA X.X * Beginning Stocks XX XX NA XX Production XX XX NA X Imports XX XX NA X Supply, Total XXX XXX NA X Feed and Residual XX XX NA X Food, Seed & Industrial XX XX NA X Total Domestic XXX XXX NA X Exports X X NA X Use, Total XXX XXX NA X Ending Stocks XX XX NA XX Avg. Farm Price ($/bu) 2/ X.XX X.XX NA X.XX Filler Filler Filler Filler Filler

Note: Totals may not add due to rounding. 1/ Marketing year beginning September 1 for sorghum; June 1 for barley and oats. 2/ Marketing-year weighted average price received by farmers.

May 2019

WASDE - 588 - 14

U.S. Rice Supply and Use 1/

(Rough Equivalent of Rough and Milled Rice)

TOTAL RICE 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj.

Apr May Million Acres Area Planted X.XX X.XX NA X.XX * Area Harvested X.XX X.XX NA X.XX * Filler

Pounds Yield per Harvested Acre X,XXX X,XXX NA X * Million Hundredweight Beginning Stocks 2/ XX.X XX.X NA XX.X Production XXX.X XXX.X NA X.X Imports XX.X XX.X NA X.X Supply, Total XXX.X XXX.X NA X.X Domestic & Residual 3/ XXX.X XXX.X NA X.X Exports, Total 4/ XX.X XX.X NA X.X Rough XX.X XX.X NA X.X Milled (rough equiv.) XX.X XX.X NA X.X Use, Total XXX.X XXX.X NA X.X Ending Stocks XX.X XX.X NA XX.X Avg. Milling Yield (%) 5/ XX.XX XX.XX NA X.XX Avg. Farm Price ($/cwt) 6/ XX.XX XX.XX NA X.XX Total

LONG-GRAIN RICE 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Harvested Acres (mil.) X.XX X.XX Yield (pounds/acre) X,XXX X,XXX Beginning Stocks XX.X XX.X NA XX.X Production XXX.X XXX.X NA X.X Supply, Total 7/ XXX.X XXX.X NA X.X Domestic & Residual 3/ XX.X XXX.X NA X.X Exports 8/ XX.X XX.X NA X.X Use, Total XXX.X XXX.X NA X.X Ending Stocks XX.X XX.X NA XX.X Avg. Farm Price ($/cwt) 6/ XX.XX XX.XX NA X.XX Filler Filler Filler Filler Filler

MEDIUM & SHORT-GRAIN RICE 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Harvested Acres (mil.) Yield (pounds/acre) X,XXX X,XXX Beginning Stocks XX.X X.X NA XX.X Production XX.X XX.X NA X.X Supply, Total 7/ XX.X XX.X NA X.X Domestic & Residual 3/ XX.X XX.X NA X.X Exports 8/ XX.X XX.X NA X.X Use, Total XX.X XX.X NA X.X Ending Stocks X.X XX.X NA XX.X Avg. Farm Price ($/cwt) 1/ 6/ 9/ X.X XX.X NA X.X California 10/ X.X XX.X NA X.X Other States 1/ X.X XX.X NA X.X Filler Filler Filler Filler Filler

Note: Totals may not add due to rounding. 1/ Marketing year beginning August 1. 2/ Includes the following quantities of broken kernel rice (type undetermined) not included in estimates of ending stocks by type (in mil. cwt): 2015/16-2.9; 2016/17-3.5; 2017/18-1.4. 3/ Residual includes unreported use, processing losses, and estimating errors. Use by type may not add to total rice use because of the difference in brokens between beginning and ending stocks. 4/ Includes rough rice and milled rice exports. Milled rice exports are converted to an equivalent rough basis. 5/ Expressed as a percent, i.e., the total quantity of whole kernel and broken rice produced divided by the quantity of rough rice milled. 6/ Marketing-year weighted average price received by farmers. 7/ Includes imports. 8/ Exports by type of rice are estimated. 9/ The medium/short-grain season-average- farm price (SAFP) largely reflects rice that is marketed through price pools in California. The pool price is not final until all the rice in the pool is marketed for the crop year. Therefore, SAFP forecasts based on the average of NASS monthly prices and the final price may differ. For example, the average difference between the preliminary California SAFP forecast and the final price has averaged $0.98 per cwt from 2014/15-2017/18, with a high of $3.50 per cwt in 2017/18 and a low of -$0.20 per cwt in 2015/16. 10/ Marketing year beginning October 1.

May 2019

WASDE - 588 - 15

U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/

SOYBEANS 2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj.

Apr May Filler Filler Filler Filler Filler Million Acres Area Planted XX.X XX.X NA X.X * Area Harvested XX.X XX.X NA X.X * Filler

Bushels Yield per Harvested Acre XX.X XX.X NA X.X * Million Bushels Beginning Stocks XXX XXX NA XXX Production X,XXX X,XXX NA X Imports XX XX NA X Supply, Total X,XXX X,XXX NA X Crushings X,XXX X,XXX NA X Exports X,XXX X,XXX NA X Seed XXX XX NA X Residual X XX NA X Use, Total X,XXX X,XXX NA X Ending Stocks XXX XXX NA XXX Avg. Farm Price ($/bu) 2/ X.XX X.XX NA X.XX Total

SOYBEAN OIL 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Filler Filler Filler Filler Filler Million Pounds Beginning Stocks X,XXX X,XXX NA X,XXX Production 4/ XX,XXX XX,XXX NA X Imports XXX XXX NA X Supply, Total XX,XXX XX,XXX NA X Domestic Disappearance XX,XXX XX,XXX NA X Biodiesel 3/ X,XXX X,XXX NA X Food, Feed & other Industrial XX,XXX XX,XXX NA X Exports X,XXX X,XXX NA X Use, Total XX,XXX XX,XXX NA X Ending stocks X,XXX X,XXX NA X,XXX Avg. Price (c/lb) 2/ XX.XX XX.XX NA X.XX Total

SOYBEAN MEAL 2017/18 2018/19 E st. 2019/20 Proj . 2019/20 Proj .

April May

Filler 1 2 3 4 Thousand Short Tons Beginning Stocks XXX XXX NA XXX Production 4/ XX,XXX XX,XXX NA X Imports XXX XXX NA X Supply, Total XX,XXX XX,XXX NA X Domestic Disappearance XX,XXX XX,XXX NA X Exports XX,XXX XX,XXX NA X Use, Total XX,XXX XX,XXX NA X Ending Stocks XXX XXX NA XXX Avg. Price ($/s.t.) 2/ XXX.XX XXX.XX NA X.XX Total

Note: Totals may not add due to rounding. Reliability calculations at end of report. 1/ Marketing year beginning September 1 for soybeans; October 1 for soybean oil and soybean meal. 2/ Prices: soybeans, marketing year weighted average price received by farmers; oil, simple average of crude soybean oil, Decatur; meal, simple average of 48 percent protein, Decatur. 3/ Reflects only biodiesel made from methyl ester as reported by the U.S. Energy Information Administration. 4/ Based on an October year crush of 2,079 million bushels for 2017/18 and 2,100 million bushels for 2018/19.

May 2019

WASDE - 588 - 16

U.S. Sugar Supply and Use 1/

2017/18 2018/19 Est. 2018/19 Est. 2019/20 Proj. Apr May May

Filler Filler Filler Filler Filler 1,000 Short Tons, Raw Value Beginning Stocks X,XXX X,XXX X,XXX X,XXX Production 2/ X,XXX X,XXX X,XXX X Beet Sugar X,XXX X,XXX X,XXX X Cane Sugar X,XXX X,XXX X,XXX X Florida X,XXX X,XXX X,XXX X Hawaii X X X X Louisiana X,XXX X,XXX X,XXX X Texas XXX XXX XXX X Imports X,XXX X,XXX X,XXX X TRQ 3/ X,XXX X,XXX X,XXX X Other Program 4/ XXX XXX XXX X Other 5/ X,XXX XXX XXX X Mexico X,XXX XXX XXX X Total Supply XX,XXX XX,XXX XX,XXX X Exports XXX XX XX X Deliveries XX,XXX XX,XXX XX,XXX X Food XX,XXX XX,XXX XX,XXX X Other 6/ XXX XXX XXX X Miscellaneous XX X X X Total Use XX,XXX XX,XXX XX,XXX X Ending Stocks X,XXX X,XXX X,XXX X,XXX Stocks to Use Ratio XX.X XX.X XX.X X.X Total

1/ Fiscal years beginning Oct 1. Data and projections correspond to category components from "Sweetener Market Data" (SMD). 2/ Production projections for 2017/18 and 2018/19 are based on Crop Production and processor projections where appropriate. 3/ For 2017/18, WTO raw sugar TRQ shortfall (268) and for 2018/19 (99). 4/ Composed of sugar under the re-export and polyhydric alcohol programs. 5/ Imports from Mexico; and high-tier tariff sugar and syrups not otherwise specified -- for 2017/18 (64) and 2018/19 (55). 6/ Transfers accompanying deliveries for sugar-containing products to be exported (SCP) and polyhydric alcohol manufacture (POLY), and deliveries for livestock feed and ethanol. Total refiner license transfers for SCP and POLY inclusive of WASDE-reported deliveries: 2017/18 -- xxx; estimated 2018/19 -- xxx; projected 2019/20 -- xxx.

Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/

Beginning

Stocks Production Imports Domestic 2/ Exports Ending Stocks

Sugar 1,000 Metric Tons, Actual Weight 2018/19 Est. Apr X,XXX X,XXX XX X,XXX X,XXX X,XXX 2018/19 Est. May X,XXX X,XXX XX X,XXX X,XXX X,XXX

2019/20 Proj. Apr NA NA NA NA NA NA 2019/20 Proj. May X,XXX X X X X X,XXX

1/ HFCS consumption by Mexico (1,000 metric tons, dry basis): Oct-Sep 2016/17 = 1,522; Estimated 2017/18 = 1,593; Oct-Jan 2018 = 513; Projected 2018/19 = 1,555; Oct-Jan 2019 = 468. Footnote source for estimate: Comite Nacional para el Desarollo Sustentable de la Cana de Azucar. 2/Includes deliveries for consumption, Mexico's products export program (IMMEX), and Other Deliveries/Ending Year Statistical Adjustments. IMMEX: 2018/19 (XXX est); 2019/20 (XXX). Other Deliveries/Ending Year Statistical Adjustments: 2018/19 (XX), 2019/20 (XX).

May 2019

WASDE - 588 - 17

U.S. Cotton Supply and Use 1/

2017/18 2018/19 Est. 2019/20 Proj. 2019/20 Proj. Apr May

Filler Filler Filler Filler Filler Area Million Acres Planted XX.XX XX.XX NA X.XX * Harvested XX.XX XX.XX NA X.XX * Filler

Pounds Yield per Harvested Acre XXX XXX NA X * Million XXX Pound Bales Beginning Stocks X.XX X.XX NA X.XX Production XX.XX XX.XX NA X.XX Imports X.XX X.XX NA X.XX Supply, Total XX.XX XX.XX NA X.XX Domestic Use X.XX X.XX NA X.XX Exports, Total XX.XX XX.XX NA X.XX Use, Total XX.XX XX.XX NA X.XX Unaccounted 2/ X.XX X.XX NA X.XX Ending Stocks X.XX X.XX NA X.XX Avg. Farm Price 3/ XX.X XX.X NA X.X Total

Note: Reliability calculations at end of report. 1/ Upland and extra-long staple; marketing year beginning August 1. Totals may not add due to rounding. 2/ Reflects the difference between the previous season's supply less total use and ending stocks. 3/ Cents per pound for upland cotton.

May 2019

WASDE - 588 - 18

World Wheat Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Feed Domestic

Total 2/ Exports Ending Stocks

World 3/ XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX World Less China XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX United States XX.XX XX.XX X.XX X.XX XX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XX.XX XXX.XX XXX.XX XX.XX Argentina X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Australia X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Canada X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX European Union 5/ XX.XX XXX.XX X.XX XX.XX XXX.XX XX.XX XX.XX Russia XX.XX XX.XX X.XX XX.XX XX.XX XX.XX XX.XX Ukraine X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Major Importers 6/ XXX.XX XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX Bangladesh X.XX X.XX X.XX X.XX X.XX X.XX X.XX Brazil X.XX X.XX X.XX X.XX XX.XX X.XX X.XX China XXX.XX XXX.XX X.XX XX.XX XXX.XX X.XX XXX.XX Japan X.XX X.XX X.XX X.XX X.XX X.XX X.XX N. Africa 7/ XX.XX XX.XX XX.XX X.XX XX.XX X.XX XX.XX Nigeria X.XX X.XX X.XX X.XX X.XX X.XX X.XX Sel. Mideast 8/ XX.XX XX.XX XX.XX X.XX XX.XX X.XX XX.XX Southeast Asia 9/ X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other India X.XX XX.XX X.XX X.XX XX.XX X.XX XX.XX Kazakhstan X.XX XX.XX X.XX X.XX X.XX X.XX X.XX

2018/19 Est. Beginning Stocks Production Imports

Domestic Feed

Domestic Total 2/ Exports

Ending Stocks

World 3/ XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX World Less China XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX United States XX.XX XX.XX X.XX X.XX XX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XX.XX XXX.XX XXX.XX XX.XX Argentina X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Australia X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Canada X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX European Union 5/ XX.XX XXX.XX X.XX XX.XX XXX.XX XX.XX XX.XX Russia XX.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Ukraine X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Major Importers 6/ XXX.XX XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX Bangladesh X.XX X.XX X.XX X.XX X.XX X.XX X.XX Brazil X.XX X.XX X.XX X.XX XX.XX X.XX X.XX China XXX.XX XXX.XX X.XX XX.XX XXX.XX X.XX XXX.XX Japan X.XX X.XX X.XX X.XX X.XX X.XX X.XX N. Africa 7/ XX.XX XX.XX XX.XX X.XX XX.XX X.XX XX.XX Nigeria X.XX X.XX X.XX X.XX X.XX X.XX X.XX Sel. Mideast 8/ XX.XX XX.XX XX.XX X.XX XX.XX X.XX X.XX Southeast Asia 9/ X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other India XX.XX XX.XX X.XX X.XX XX.XX X.XX XX.XX Kazakhstan X.XX XX.XX X.XX X.XX X.XX X.XX X.XX

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, European Union, Russia, and Ukraine. 5/ Trade excludes intra-trade. 6/ Bangladesh, Brazil, China, South Korea, Japan, Nigeria, Mexico, Turkey, Egypt, Algeria, Libya, Morocco, Tunisia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman. 7/ Algeria, Egypt, Libya, Morocco, and Tunisia. 8/Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 19

World Wheat Supply and Use 1/ (Cont'd.)

(Million Metric Tons)

2019/20 Proj. Beginning Stocks Production Imports

Domestic Feed

Domestic Total 2/ Exports

Ending Stocks

World 3/ Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX World Less China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX United States Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Total Foreign Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX Major Exporters 4/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Argentina Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Australia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Canada Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX European Union 5/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Russia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Ukraine Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 6/ Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX Bangladesh Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Brazil Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX Japan Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX N. Africa 7/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Nigeria Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Sel. Mideast 8/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Southeast Asia 9/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Selected Other India Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Kazakhstan Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, European Union, Russia, and Ukraine. 5/ Trade excludes intra-trade. 6/ Bangladesh, Brazil, China, South Korea, Japan, Nigeria, Mexico, Turkey, Egypt, Algeria, Libya, Morocco, Tunisia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman. 7/ Algeria, Egypt, Libya, Morocco, and Tunisia. 8/Lebanon, Iraq, Iran, Israel, Jordan, Kuwait, Saudi Arabia, Yemen, United Arab Emirates, and Oman 9/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 20

World Coarse Grain Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Feed Domestic

Total 2/ Exports Ending Stocks

World 3/ XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX World Less China XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX United States XX.XX XXX.XX X.XX XXX.XX XXX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XXX.XX XXX.XX XX.XX XX.XX Argentina X.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Australia X.XX XX.XX X.XX X.XX X.XX X.XX X.XX Brazil XX.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Canada X.XX XX.XX X.XX XX.XX XX.XX X.XX X.XX Russia X.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Ukraine X.XX XX.XX X.XX X.XX XX.XX XX.XX X.XX Major Importers 5/ XX.XX XXX.XX XXX.XX XXX.XX XXX.XX XX.XX XX.XX European Union 6/ XX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XX.XX Japan X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX N. Afr & Mideast 7/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Saudi Arabia X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia 8/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX South Korea X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other China XXX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XXX.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Feed Domestic

Total 2/ Exports Ending Stoc ks

World 3/ XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX World Less China XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX United States XX.XX XXX.XX X.XX XXX.XX XXX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XXX.XX XXX.XX XXX.XX XX.XX Argentina X.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Australia X.XX XX.XX X.XX X.XX X.XX X.XX X.XX Brazil X.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Canada X.XX XX.XX X.XX XX.XX XX.XX X.XX X.XX Russia X.XX XX.XX X.XX XX.XX XX.XX X.XX X.XX Ukraine X.XX XX.XX X.XX X.XX XX.XX XX.XX X.XX Major Importers 5/ XX.XX XXX.XX XXX.XX XXX.XX XXX.XX X.XX XX.XX European Union 6/ XX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XX.XX Japan X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX N. Afr & Mideast 7/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Saudi Arabia X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia 8/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX South Korea X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other China XXX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XXX.XX

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, Brazil, Canada, Russia and Ukraine. 5/ The European Union, Japan, , Mexico, selected North Africa and Middle East, Saudi Arabia, Southeast Asia, and South Korea. 6/ Trade excludes intra-trade. 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 21

World Coarse Grain Supply and Use 1/ (Cont'd.)

(Million Metric Tons)

2019/20 Proj. Beginning Stocks Production Imports

Domestic Feed

Domestic Total 2/ Exports

Ending Stocks

World 3/ Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX World Less China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX United States Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Total Foreign Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX Major Exporters 4/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Argentina Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Australia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Brazil Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Canada Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Russia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Ukraine Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 5/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX European Union 6/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Japan Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Mexico Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX N. Afr & Mideast 7/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Saudi Arabia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Southeast Asia 8/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX South Korea Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Selected Other China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX

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, Brazil, Canada, Russia and Ukraine. 5/ The European Union, Japan, , Mexico, selected North Africa and Middle East, Saudi Arabia, Southeast Asia, and South Korea. 6/ Trade excludes intra-trade. 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 22

World Corn Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Feed Domestic

Total 2/ Exports Ending Stocks

World 3/ XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX World Less China XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX United States XX.XX XXX.XX X.XX XXX.XX XXX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XX.XX XXX.XX XX.XX XX.XX Argentina X.XX XX.XX X.XX X.XX XX.XX XX.XX X.XX Brazil XX.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Russia X.XX XX.XX X.XX X.XX X.XX X.XX X.XX South Africa X.XX XX.XX X.XX X.XX XX.XX X.XX X.XX Ukraine X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Major Importers 5/ XX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XX.XX Egypt X.XX X.XX X.XX XX.XX XX.XX X.XX X.XX European Union 6/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Japan X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia 7/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX South Korea X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other X.XX Canada X.XX XX.XX X.XX X.XX XX.XX X.XX X.XX China XXX.XX XXX.XX X.XX XXX.XX XXX.XX X.XX XXX.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Feed Domestic

Total 2/ Exports Ending Stoc ks

World 3/ XXX.XX X,XXX.XX XXX.XX XXX.XX X,XXX.XX XXX.XX XXX.XX World Less China XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX United States XX.XX XXX.XX X.XX XXX.XX XXX.XX XX.XX XX.XX Total Foreign XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XX.XX XXX.XX XX.XX XX.XX Argentina X.XX XX.XX X.XX X.XX XX.XX XX.XX X.XX Brazil X.XX XX.XX X.XX XX.XX XX.XX XX.XX X.XX Russia X.XX XX.XX X.XX X.XX X.XX X.XX X.XX South Africa X.XX XX.XX X.XX X.XX XX.XX X.XX X.XX Ukraine X.XX XX.XX X.XX X.XX X.XX XX.XX X.XX Major Importers 5/ XX.XX XXX.XX XX.XX XXX.XX XXX.XX X.XX XX.XX Egypt X.XX X.XX X.XX XX.XX XX.XX X.XX X.XX European Union 6/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Japan X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia 7/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX X.XX South Korea X.XX X.XX XX.XX X.XX XX.XX X.XX X.XX Selected Other X.XX Canada X.XX XX.XX X.XX X.XX XX.XX X.XX X.XX China XXX.XX XXX.XX X.XX XXX.XX XXX.XX X.XX XXX.XX

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, Brazil, Russia, South Africa and Ukraine. 5/ Egypt, the European Union, Japan, Mexico, Southeast Asia, and South Korea. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 23

World Corn Supply and Use 1/ (Cont'd.)

(Million Metric Tons)

2019/20 Proj. Beginning Stocks Production Imports

Domestic Feed

Domestic Total 2/ Exports

Ending Stocks

World 3/ Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX World Less China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX United States Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Total Foreign Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX Major Exporters 4/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Argentina Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Brazil Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Russia Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX South Africa Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Ukraine Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 5/ Apr NA NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX Egypt Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX European Union 6/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Japan Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Mexico Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Southeast Asia 7/ Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX South Korea Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX Selected Other Canada Apr NA NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX X.XX China Apr NA NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX

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, Brazil, Russia, South Africa and Ukraine. 5/ Egypt, the European Union, Japan, Mexico, Southeast Asia, and South Korea. 6/ Trade excludes intra-trade. 7/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam.

May 2019

WASDE - 588 - 24

World Rice Supply and Use (Milled Basis) 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Total /2

Domestic Exports Ending

Stocks World 3/ XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX United States X.XX X.XX X.XX X.XX X.XX X.XX Total Foreign XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XXX.XX XX.XX XX.XX Burma X.XX XX.XX X.XX XX.XX X.XX X.XX India XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX Pakistan X.XX X.XX X.XX X.XX X.XX X.XX Thailand X.XX XX.XX X.XX XX.XX XX.XX X.XX Vietnam X.XX XX.XX X.XX XX.XX X.XX X.XX Major Importers 5/ XXX.XX XXX.XX XX.XX XXX.XX X.XX XXX.XX China XX.XX XXX.XX X.XX XXX.XX X.XX XXX.XX European Union 6/ X.XX X.XX X.XX X.XX X.XX X.XX Indonesia X.XX XX.XX X.XX XX.XX X.XX X.XX Nigeria X.XX X.XX X.XX X.XX X.XX X.XX Philippines X.XX XX.XX X.XX XX.XX X.XX X.XX Sel. Mideast 7/ X.XX X.XX X.XX X.XX X.XX X.XX Selected Other X.XX Brazil X.XX X.XX X.XX X.XX X.XX X.XX C. Amer & Carib 8/ X.XX X.XX X.XX X.XX X.XX X.XX Egypt X.XX X.XX X.XX X.XX X.XX X.XX Japan X.XX X.XX X.XX X.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX South Korea X.XX X.XX X.XX X.XX X.XX X.XX

2018/19 Est. Beginning

Stoc ks Production Imports Total /2 Domestic Exports Ending

Stoc ks World 3/ XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX United States X.XX X.XX X.XX X.XX X.XX X.XX Total Foreign XXX.XX XXX.XX XX.XX XXX.XX XX.XX XXX.XX Major Exporters 4/ XX.XX XXX.XX X.XX XXX.XX XX.XX XX.XX Burma X.XX XX.XX X.XX XX.XX X.XX X.XX India XX.XX XXX.XX X.XX XXX.XX XX.XX XX.XX Pakistan X.XX X.XX X.XX X.XX X.XX X.XX Thailand X.XX XX.XX X.XX XX.XX XX.XX X.XX Vietnam X.XX XX.XX X.XX XX.XX X.XX X.XX Major Importers 5/ XXX.XX XXX.XX XX.XX XXX.XX X.XX XXX.XX China XXX.XX XXX.XX X.XX XXX.XX X.XX XXX.XX European Union 6/ X.XX X.XX X.XX X.XX X.XX X.XX Indonesia X.XX XX.XX X.XX XX.XX X.XX X.XX Nigeria X.XX X.XX X.XX X.XX X.XX X.XX Philippines X.XX XX.XX X.XX XX.XX X.XX X.XX Sel. Mideast 7/ X.XX X.XX X.XX X.XX X.XX X.XX Selected Other X.XX Brazil X.XX X.XX X.XX X.XX X.XX X.XX C. Amer & Carib 8/ X.XX X.XX X.XX X.XX X.XX X.XX Egypt X.XX X.XX X.XX X.XX X.XX X.XX Japan X.XX X.XX X.XX X.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX South Korea X.XX X.XX X.XX X.XX X.XX X.XX

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. Total domestic includes both domestic use and unreported disappearance. 3/ World imports and exports may not balance due to differences in some countries. 4/ Burma, India, Pakistan, Thailand, and Vietnam. 5/ Bangladesh, China, Nigeria, European Union, Philippines, Cote d’Ivoire, Indonesia, Iran, Iraq, and Saudi Arabia. 6/ Trade excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and Saudi Arabia. 8/ Central American and Caribbean countries.

May 2019

WASDE - 588 - 25

World Rice Supply and Use (Milled Basis) 1/ (Cont'd.)

(Million Metric Tons)

2019/20 Proj. Beginning Stocks

Production Imports Total /2 Domestic

Exports Ending Stocks

World 3/ Apr NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX XXX.XX World Less China Apr NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX XX.XX United States Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Total Foreign Apr NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX XXX.XX Major Exporters 4/ Apr NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX XX.XX Burma Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX India Apr NA NA NA NA NA NA

May XX.XX X.XX X.XX X.XX X.XX XX.XX Pakistan Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Thailand Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Vietnam Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 5/ Apr NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX XXX.XX China Apr NA NA NA NA NA NA

May XXX.XX X.XX X.XX X.XX X.XX XXX.XX European Union 6/ Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Indonesia Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Nigeria Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Philippines Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Sel. Mideast 7/ Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Selected Other Brazil Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX C. Amer & Carib 8/ Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Egypt Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Japan Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX Mexico Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX South Korea Apr NA NA NA NA NA NA

May X.XX X.XX X.XX X.XX X.XX X.XX

1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. Total domestic includes both domestic use and unreported disappearance. 3/ World imports and exports may not balance due to differences in some countries. 4/ Burma, India, Pakistan, Thailand, and Vietnam. 5/ Bangladesh, China, Nigeria, European Union, Philippines, Cote d’Ivoire, Indonesia, Iran, Iraq, and Saudi Arabia. 6/ Trade excludes intra-trade. 7/ Selected Middle East includes Iran, Iraq, and Saudi Arabia. 8/ Central American and Caribbean countries.

May 2019

WASDE - 588 - 26

World Cotton Supply and Use 1/

(Million 480-Pound Bales)

2017/18 Beginning

Stocks Production Imports Domestic

Use Exports Loss

/2 Ending Stocks

World XX.XX XXX.XX XX.XX XXX.XX XX.XX X.XX XX.XX World Less China XX.XX XX.XX XX.XX XX.XX XX.XX X.XX XX.XX United States X.XX XX.XX X/ X.XX XX.XX X.XX X.XX Total Foreign XX.XX XXX.XX XX.XX XXX.XX XX.XX X.XX XX.XX Major Exporters 4/ XX.XX XX.XX X.XX XX.XX XX.XX X.XX XX.XX Central Asia 5/ X.XX X.XX X/ X.XX X.XX X.XX X.XX Afr. Fr. Zone 6/ X.XX X.XX X/ X.XX X.XX X.XX X.XX S. Hemis. 7/ XX.XX XX.XX X.XX X.XX X.XX X.XX XX.XX Australia X.XX X.XX X/ X.XX X.XX X.XX X.XX Brazil X.XX X.XX X.XX X.XX X.XX X.XX X.XX India X.XX XX.XX X.XX XX.XX X.XX X.XX X.XX Major Importers 8/ XX.XX XX.XX XX.XX XX.XX X.XX X.XX XX.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX X.XX China XX.XX XX.XX X.XX XX.XX X.XX X.XX XX.XX European Union 9/ X.XX X.XX X.XX X.XX X.XX X.XX X.XX Turkey X.XX X.XX X.XX X.XX X.XX X.XX X.XX Pakistan X.XX X.XX X.XX XX.XX X.XX X.XX X.XX Indonesia X.XX X/ X.XX X.XX X.XX X.XX X.XX Thailand X.XX X/ X.XX X.XX X.XX X.XX X.XX Bangladesh X.XX X.XX X.XX X.XX X.XX X.XX X.XX Vietnam X.XX X/ X.XX X.XX X.XX X.XX X.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Use Exports Loss

/2 Ending Stoc ks

World XX.XX XXX.XX XX.XX XXX.XX XX.XX X.XX XX.XX World Less China XX.XX XX.XX XX.XX XX.XX XX.XX X.XX XX.XX United States X.XX XX.XX X.XX X.XX XX.XX X.XX X.XX Total Foreign XX.XX XXX.XX XX.XX XXX.XX XX.XX X.XX XX.XX Major Exporters 4/ XX.XX XX.XX X.XX XX.XX XX.XX X.XX XX.XX Central Asia 5/ X.XX X.XX X/ X.XX X.XX X.XX X.XX Afr. Fr. Zone 6/ X.XX X.XX X/ X.XX X.XX X.XX X.XX S. Hemis. 7/ XX.XX XX.XX X.XX X.XX XX.XX X.XX XX.XX Australia X.XX X.XX X/ X.XX X.XX X.XX X.XX Brazil X.XX XX.XX X.XX X.XX X.XX X.XX XX.XX India X.XX XX.XX X.XX XX.XX X.XX X.XX X.XX Major Importers 8/ XX.XX XX.XX XX.XX XX.XX X.XX X.XX XX.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX X.XX China XX.XX XX.XX X.XX XX.XX X.XX X.XX XX.XX European Union 9/ X.XX X.XX X.XX X.XX X.XX X.XX X.XX Turkey X.XX X.XX X.XX X.XX X.XX X.XX X.XX Pakistan X.XX X.XX X.XX XX.XX X.XX X.XX X.XX Indonesia X.XX X/ X.XX X.XX X.XX X.XX X.XX Thailand X.XX X/ X.XX X.XX X.XX X.XX X.XX Bangladesh X.XX X.XX X.XX X.XX X.XX X.XX X.XX Vietnam X.XX X/ X.XX X.XX X.XX X.XX X.XX

1/ Marketing year beginning August 1. Totals may not add exactly and trade may not balance due to rounding and other factors. 2/ Generally reflects cotton lost or destroyed in the marketing channel; for Australia, Brazil, China, and the United States, reflects the difference between implicit stocks based on supply less total use and indicated ending stocks. 3/ Less than 5,000 bales. 4/ Includes Egypt and Syria in addition to the countries and regions listed. 5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. 6/ Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ Argentina, Australia, Brazil, Lesotho, South Africa, Tanzania, Zambia, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade. .

May 2019

WASDE - 588 - 27

World Cotton Supply and Use 1/

(Million 480-Pound Bales)

2019/20 Proj. Beginning Stocks

Production Imports Domestic Use

Exports Loss /2

Ending Stocks

World Apr NA NA NA NA NA NA NA

May XX.XX X/ X/ X.XX X.XX X.XX XX.XX World Less China Apr NA NA NA NA NA NA NA

May XX.XX X/ X/ X.XX X.XX X.XX XX.XX United States Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX filler filler filler filler filler filler filler

Total Foreign Apr NA NA NA NA NA NA NA May XX.XX X/ X/ X.XX X.XX X.XX XX.XX

Major Exporters 4/ Apr NA NA NA NA NA NA NA May XX.XX X/ X/ X.XX X.XX X.XX XX.XX

Central Asia 5/ Apr NA NA NA NA NA NA NA May X.XX X/ X/ X.XX X.XX X.XX X.XX

Afr. Fr. Zone 6/ Apr NA NA NA NA NA NA NA May X.XX X/ X/ X.XX X.XX X.XX X.XX

S. Hemis. 7/ Apr NA NA NA NA NA NA NA May XX.XX X/ X/ X.XX X.XX X.XX XX.XX

Australia Apr NA NA NA NA NA NA NA May X.XX X/ X/ X.XX X.XX X.XX X.XX

filler filler filler filler filler filler filler Brazil Apr NA NA NA NA NA NA NA

May XX.XX X/ X/ X.XX X.XX X.XX XX.XX India Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Major Importers 8/ Apr NA NA NA NA NA NA NA

May XX.XX X/ X/ X.XX X.XX X.XX XX.XX Mexico Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX China Apr NA NA NA NA NA NA NA

May XX.XX X/ X/ X.XX X.XX X.XX XX.XX European Union 9/ Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Turkey Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Pakistan Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Indonesia Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Thailand Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Bangladesh Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX Vietnam Apr NA NA NA NA NA NA NA

May X.XX X/ X/ X.XX X.XX X.XX X.XX

1/ Marketing year beginning August 1. Totals may not add exactly and trade may not balance due to rounding and other factors. 2/ Generally reflects cotton lost or destroyed in the marketing channel; for Australia, Brazil, China, and the United States, reflects the difference between implicit stocks based on supply less total use and indicated ending stocks. 3/ Less than 5,000 bales. 4/ Includes Egypt and Syria in addition to the countries and regions listed. 5/ Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. 6/ Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Cote d'Ivoire, Mali, Niger, Senegal, and Togo. 7/ Argentina, Australia, Brazil, Lesotho, South Africa, Tanzania, Zambia, and Zimbabwe. 8/ In addition to the countries and regions listed, includes Japan, Russia, South Korea, and Taiwan. 9/ Includes intra-EU trade.

May 2019

WASDE - 588 - 28

World Soybean Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Crush Domestic

Total Exports Ending

Stocks World 2/ XX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XXX.XX XXX.XX XX.XX United States X.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Total Foreign XX.XX XXX.XX XXX.XX XXX.XX XXX.XX XX.XX XX.XX Major Exporters 3/ XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Argentina XX.XX XX.XX X.XX XX.XX XX.XX X.XX XX.XX Brazil XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Paraguay X.XX XX.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ XX.XX XX.XX XXX.XX XXX.XX XXX.XX X.XX XX.XX China XX.XX XX.XX XX.XX XX.XX XXX.XX X.XX XX.XX European Union X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia X.XX X.XX X.XX X.XX X.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX X.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Crush Domestic

Total Exports Ending Stoc ks

World 2/ XX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XXX.XX XXX.XX XX.XX United States XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Total Foreign XX.XX XXX.XX XXX.XX XXX.XX XXX.XX XXX.XX XX.XX Major Exporters 3/ XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Argentina XX.XX XX.XX X.XX XX.XX XX.XX X.XX XX.XX Brazil XX.XX XXX.XX X.XX XX.XX XX.XX XX.XX XX.XX Paraguay X.XX X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ XX.XX XX.XX XXX.XX XXX.XX XXX.XX X.XX XX.XX China XX.XX XX.XX XX.XX XX.XX XXX.XX X.XX XX.XX European Union X.XX X.XX XX.XX XX.XX XX.XX X.XX X.XX Southeast Asia X.XX X.XX X.XX X.XX X.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX X.XX

2019/20 Proj. Beginning

Stoc ks Production Imports Domestic Crush Domestic

Total Exports Ending Stoc ks

World 2/ Apr NA NA NA NA NA NA NA May XXX.XX X.XX X.XX X.XX X.XX X.XX XXX.XX

World Less China Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

United States Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

Total Foreign Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

Major Exporters 3/ Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

Argentina Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

Brazil Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

Paraguay Apr NA NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX X.XX

Major Importers 4/ Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

China Apr NA NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX X.XX XX.XX

European Union Apr NA NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX X.XX

Southeast Asia Apr NA NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX X.XX

Mexico Apr NA NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX X.XX

1/ Data based on local marketing years except Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil, Paraguay, and Uruguay. 4/ China, European Union, Japan, Mexico, and Southeast Asia (includes Indonesia, Malaysia, Philippines, Vietnam, and Thailand).

May 2019

WASDE - 588 - 29

World Soybean Meal Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Total Exports Ending

Stocks World 2/ XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX United States X.XX XX.XX X.XX XX.XX XX.XX X.XX Total Foreign XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX Major Exporters 3/ X.XX XX.XX X.XX XX.XX XX.XX X.XX Argentina X.XX XX.XX X.XX X.XX XX.XX X.XX Brazil X.XX XX.XX X.XX XX.XX XX.XX X.XX India X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ X.XX XX.XX XX.XX XX.XX X.XX X.XX European Union X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX Southeast Asia 5/ X.XX X.XX XX.XX XX.XX X.XX X.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Total Exports Ending

Stoc ks World 2/ XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX World Less China XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX United States X.XX XX.XX X.XX XX.XX XX.XX X.XX Total Foreign XX.XX XXX.XX XX.XX XXX.XX XX.XX XX.XX Major Exporters 3/ X.XX XX.XX X.XX XX.XX XX.XX X.XX Argentina X.XX XX.XX X.XX X.XX XX.XX X.XX Brazil X.XX XX.XX X.XX XX.XX XX.XX X.XX India X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ X.XX XX.XX XX.XX XX.XX X.XX X.XX European Union X.XX XX.XX XX.XX XX.XX X.XX X.XX Mexico X.XX X.XX X.XX X.XX X.XX X.XX Southeast Asia 5/ X.XX X.XX XX.XX XX.XX X.XX X.XX

2019/20 Proj. Beginning

Stoc ks Production Imports Domestic Total Exports Ending

Stoc ks

World 2/ Apr NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX XX.XX

World Less China Apr NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX XX.XX

United States Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Total Foreign Apr NA NA NA NA NA NA May XX.XX X.XX X.XX X.XX X.XX XX.XX

Major Exporters 3/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Argentina Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Brazil Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

India Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Major Importers 4/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

European Union Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Mexico Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Southeast Asia 5/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

1/ Data based on local marketing years except for Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil, and India. 4/ European Union, Southeast Asia, and Japan. 5/ Indonesia, Malaysia, Philippines, Vietnam, and Thailand.

May 2019

WASDE - 588 - 30

World Soybean Oil Supply and Use 1/

(Million Metric Tons)

2017/18 Beginning

Stocks Production Imports Domestic

Total Exports Ending

Stocks World 2/ X.XX XX.XX X.XX XX.XX XX.XX X.XX World Less China X.XX XX.XX X.XX XX.XX XX.XX X.XX United States X.XX XX.XX X.XX X.XX X.XX X.XX Total Foreign X.XX XX.XX X.XX XX.XX X.XX X.XX Major Exporters 3/ X.XX XX.XX X.XX XX.XX X.XX X.XX Argentina X.XX X.XX X.XX X.XX X.XX X.XX Brazil X.XX X.XX X.XX X.XX X.XX X.XX European Union X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ X.XX XX.XX X.XX XX.XX X.XX X.XX China X.XX XX.XX X.XX XX.XX X.XX X.XX India X.XX X.XX X.XX X.XX X.XX X.XX North Africa 5/ X.XX X.XX X.XX X.XX X.XX X.XX

2018/19 Est. Beginning

Stoc ks Production Imports Domestic Total Exports Ending

Stoc ks World 2/ X.XX XX.XX XX.XX XX.XX XX.XX X.XX World Less China X.XX XX.XX X.XX XX.XX XX.XX X.XX United States X.XX XX.XX X.XX XX.XX X.XX X.XX Total Foreign X.XX XX.XX XX.XX XX.XX XX.XX X.XX Major Exporters 3/ X.XX XX.XX X.XX XX.XX X.XX X.XX Argentina X.XX X.XX X.XX X.XX X.XX X.XX Brazil X.XX X.XX X.XX X.XX X.XX X.XX European Union X.XX X.XX X.XX X.XX X.XX X.XX Major Importers 4/ X.XX XX.XX X.XX XX.XX X.XX X.XX China X.XX XX.XX X.XX XX.XX X.XX X.XX India X.XX X.XX X.XX X.XX X.XX X.XX North Africa 5/ X.XX X.XX X.XX X.XX X.XX X.XX

2019/20 Proj. Beginning

Stoc ks Production Imports Domestic Total Exports Ending

Stoc ks

World 2/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

World Less China Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

United States Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Total Foreign Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Major Exporters 3/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Argentina Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Brazil Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

European Union Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

Major Importers 4/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

China Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

India Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

North Africa 5/ Apr NA NA NA NA NA NA May X.XX X.XX X.XX X.XX X.XX X.XX

1/ Data based on local marketing years except for Argentina and Brazil which are adjusted to an October-September year. 2/ World imports and exports may not balance due to differences in local marketing years and to time lags between reported exports and imports. Therefore, world supply may not equal world use. 3/ Argentina, Brazil and European Union. 4/ China, India, and North Africa. 5/ Algeria, Egypt, Morocco, and Tunisia.

May 2019

WASDE - 588 - 31

U.S. Quarterly Animal Product Production 1/

Year and Quarter Beef Pork Red Meat 2/

Broiler Turkey Total Poultry 3/

Red Meat & Poultry

Egg Milk

Million Pounds Mil doz Bil lbs 2018 II X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X III X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X IV X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X Annual XX,XXX XX,XXX XX,XXX XX,XXX X,XXX XX,XXX XXX,XXX X,XXX XXX.X

2019 I X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X II* X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X III* X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X IV* X,XXX X,XXX XX,XXX XX,XXX X,XXX XX,XXX XX,XXX X,XXX XX.X

Annual Apr Proj. XX,XXX XX,XXX XX,XXX XX,XXX X,XXX XX,XXX XXX,XXX X,XXX XXX.X May Proj. XX,XXX XX,XXX XX,XXX XX,XXX X,XXX XX,XXX XXX,XXX X,XXX XXX.X

2020 I* X X X X X X X X X.X

Annual Apr Proj. NA NA NA NA NA NA NA NA NA May Proj. X X X X X X X X X.X

* Projection. 1/ Commercial production for red meats; federally inspected for poultry meats. 2/ Beef, pork, veal and lamb & mutton. 3/ Broilers, turkeys and mature chicken.

U.S. Quarterly Prices for Animal Products

Year and Quarter Steers

2/ Barrows and gilts

3/

Broilers 4/

Turkeys 5/

Eggs 6/

Milk 7/

Dol./cwt Dol./cwt Cents/lb. Cents/lb. Cents/doz. Dol./cwt 2018 II XXX.XX XX.XX XXX.X XX.X XXX.X XX.XX III XXX.XX XX.XX XX.X XX.X XXX.X XX.XX IV XXX.XX XX.XX XX.X XX.X XXX.X XX.XX Annual XXX.XX XX.XX XX.X XX.X XXX.X XX.XX

2019 I XXX.XX XX.XX XX.X XX.X XXX.X XX.XX II* XXX.XX XX.XX XXX.X XX.X XXX.X XX.XX III* XXX.XX XX.XX XX.X XX.X XXX.X XX.XX IV* XXX.XX XX.XX XX.X XX.X XXX.X XX.XX

Annual Apr Proj. XXX.XX XX.XX XX.X XX.X XXX.X XX.XX May Proj. XXX.XX XX.XX XX.X XX.X XXX.X XX.XX

2020 I* XXX.XX XX.XX XX.X XX.X XXX.X XX.XX

Annual Apr Proj. NA NA NA NA NA NA May Proj. XXX.XX XX.XX XX.X XX.X XXX.X XX.XX

*Projection. 1/ Simple average of months. 2/ 5-Area, Direct, Total all grades 3/ National Base, Live equiv 51-52% lean. 4/ Wholesale, National Composite Weighted Average. 5/ 8-16 lbs, hens National. 6/ Grade A large, New York, volume buyers. 7/ Prices received by farmers for all milk.

May 2019

WASDE - 588 - 32

U.S. Meats Supply and Use

Item Beginning stocks

Production 1/ Imports

Total Supply Exports

Ending Stocks

Total Use

Per Capita 2/ 3/

Million Pounds /4 Beef 2018 XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X

2019 Proj. Apr XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X May XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X

2020 Proj. Apr NA NA NA NA NA NA NA NA May XXX X X X X XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Pork 2018 XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X 2019 Proj. Apr XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X

May XXX XX,XXX X,XXX XX,XXX X,XXX XXX XX,XXX XX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May XXX X X X X XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Total Red Meat 5/

2018 X,XXX XX,XXX X,XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X 2019 Proj. Apr X,XXX XX,XXX X,XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X

May X,XXX XX,XXX X,XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May X,XXX X X X X X,XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Broiler 2018 XXX XX,XXX XXX XX,XXX X,XXX XXX XX,XXX XX.X 2019 Proj. Apr XXX XX,XXX XXX XX,XXX X,XXX XXX XX,XXX XX.X

May XXX XX,XXX XXX XX,XXX X,XXX XXX XX,XXX XX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May XXX X X X X XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Turkey 2018 XXX X,XXX XX X,XXX XXX XXX X,XXX XX.X 2019 Proj. Apr XXX X,XXX XX X,XXX XXX XXX X,XXX XX.X

May XXX X,XXX XX X,XXX XXX XXX X,XXX XX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May XXX X X X X XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Total Poultry 6/

2018 X,XXX XX,XXX XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X 2019 Proj. Apr X,XXX XX,XXX XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X

May X,XXX XX,XXX XXX XX,XXX X,XXX X,XXX XX,XXX XXX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May X,XXX X X X X X,XXX X X.X

Filler Filler Filler Filler Filler Filler Filler Filler

Red Meat & Poultry

2018 X,XXX XXX,XXX X,XXX XXX,XXX XX,XXX X,XXX XX,XXX XXX.X 2019 Proj. Apr X,XXX XXX,XXX X,XXX XXX,XXX XX,XXX X,XXX XX,XXX XXX.X

May X,XXX XXX,XXX X,XXX XXX,XXX XX,XXX X,XXX XX,XXX XXX.X 2020 Proj. Apr NA NA NA NA NA NA NA NA

May X,XXX X X X X X,XXX X X.X

1/ Total including farm production for red meats and, for poultry, federally inspected plus non-federally inspected, less condemnations. 2/ Pounds, retail-weight basis for red meat and broilers; certified ready-to-cook weight for turkey. 3/ Population source: Dept. of Commerce. 4/ Carcass weight for red meats and certified ready-to-cook weight for poultry. 5/ Beef, pork, veal, lamb and mutton. 6/ Broilers, turkeys and mature chicken.

May 2019

WASDE - 588 - 33

U.S. Egg Supply and Use

Commodity 2017 2018 2019 Proj. 2019 Proj. 2020 Proj. 2020 Proj.

Apr May Apr May Eggs Million Dozen Supply Beginning Stocks XXX.X XX.X XX.X XX.X NA XX.X Production X,XXX.X X,XXX.X X,XXX.X X,XXX.X NA X.X Imports XX.X XX.X XX.X XX.X NA X.X Total Supply X,XXX.X X,XXX.X X,XXX.X X,XXX.X NA X.X Use Exports XXX.X XXX.X XXX.X XXX.X NA X.X Hatching Use X,XXX.X X,XXX.X X,XXX.X X,XXX.X NA X.X Ending Stocks XX.X XX.X XX.X XX.X NA XX.X Disappearance Total X,XXX.X X,XXX.X X,XXX.X X,XXX.X NA X.X Per Capita (number) XXX.X XXX.X XXX.X XXX.X NA X.X Total

U.S. Milk Supply and Use

Commodity 2017 2018 2019 Proj. 2019 Proj. 2020 Proj. 2020 Proj.

Apr May Apr May Milk Billion Pounds

Production XXX.X XXX.X XXX.X XXX.X NA X.X Farm Use X.X X.X X.X X.X NA X.X

Fat Basis Supply Beg. Commercial Stocks XX.X XX.X XX.X XX.X NA XX.X Marketings XXX.X XXX.X XXX.X XXX.X NA X.X Imports X.X X.X X.X X.X NA X.X Total Cml. Supply XXX.X XXX.X XXX.X XXX.X NA X.X

Fat Basis Use Commercial Exports X.X XX.X XX.X XX.X NA X.X Ending Commercial Stocks XX.X XX.X XX.X XX.X NA XX.X CCC Donations X.X X.X X.X X.X NA X.X Domestic Commercial Use XXX.X XXX.X XXX.X XXX.X NA X.X

Skim-solid Basis Supply Beg. Commercial Stocks X.X XX.X XX.X XX.X NA XX.X Marketings XXX.X XXX.X XXX.X XXX.X NA X.X Imports X.X X.X X.X X.X NA X.X Total Cml. Supply XXX.X XXX.X XXX.X XXX.X NA X.X

Skim-solid Basis Use Commercial Exports XX.X XX.X XX.X XX.X NA X.X Ending Commercial Stocks XX.X XX.X XX.X XX.X NA XX.X CCC Donations X.X X.X X.X X.X NA X.X Domestic Commercial Use XXX.X XXX.X XXX.X XXX.X NA X.X

Total

Note: Totals may not add due to rounding.

May 2019

WASDE - 588 - 34

U.S. Dairy Prices

Commodity 2017 2018 2019 Proj. 2019 Proj. 2020 Proj. 2020 Proj.

Apr May Apr May Product Prices 1/ Dollars Per Pound

Cheese X.XXXX X.XXXX X.XXXX X.XXXX NA X.XXXX Butter X.XXXX X.XXXX X.XXXX X.XXXX NA X.XXXX Nonfat Dry Milk X.XXXX X.XXXX X.XXXX X.XXXX NA X.XXXX Dry Whey X.XXXX X.XXXX X.XXXX X.XXXX NA X.XXXX

Filler Dollars Per Cwt

Milk Prices 2/ Class III XX.XX XX.XX XX.XX XX.XX NA XX.XX Class IV XX.XX XX.XX XX.XX XX.XX NA XX.XX All Milk 3/ XX.XX XX.XX XX.XX XX.XX NA XX.XX

1/ Simple average of monthly prices calculated by AMS from weekly average dairy product prices for class price computations. 2/ Annual Class III and Class IV prices are the simple averages of monthly minimum Federal order milk prices paid by regulated plants for milk used in the respective classes. All milk price is the simple average of monthly prices received by farmers for milk at average test. 3/ Does not reflect any deductions from producers as authorized by legislation.

May 2019

WASDE - 588 - 35

Reliability of May Projections 1/

Note: Tables on pages 35-37 present a record of the May projection and the final Estimate. Using world wheat production as an example, the "root mean square error" means that chances are X out of X that the current forecast will not be above or below the final estimate by more than X.X percent. Chances are X out of XX (90% confidence level) that the difference will not exceed X.X percent. The average difference between the May projection and the final estimate is XX.X million tons, ranging from X.X million to XX million tons. The May projection has been below the estimate XX times and above XX times. Differences between forecast and final estimate 90 percent Years Commodity and Region

Root mean square error

confidence interval Average Smallest Largest

Below Final

Above Final

WHEAT

Percent

Million Metric Tons

Production

World

X.X

X.X

XX.X

X.X

XX.X

XX

XX

U.S.

X.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

X.X

X.X

XX.X

X.X

XX.X

XX

XX

Exports

World

X.X

XX.X

X.X

X.X

XX.X

XX

XX

U.S.

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

Foreign

X.X

XX.X

X.X

X.X

XX.X

XX

XX

Domestic Use

World

X.X

X.X

XX.X

X.X

XX.X

XX

XX

U.S.

X.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

X.X

X.X

X.X

X.X

XX.X

XX

XX

Ending Stocks

World

XX.X

XX.X

XX.X

X.X

XX.X

XX

XX

U.S.

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

Foreign

XX.X

XX.X

XX.X

X.X

XX.X

XX

XX

COARSE GRAINS 2/

Production

World

X.X

X.X

XX.X

X.X

XXX.X

XX

XX

U.S.

XX.X

XX.X

XX.X

X.X

XXX.X

XX

XX

Foreign

X.X

X.X

XX.X

X.X

XX.X

XX

XX

Exports

World

X.X

XX.X

X.X

X.X

XX.X

XX

XX

U.S.

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

Foreign

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

Domestic Use

World

X.X

X.X

XX.X

X.X

XX.X

XX

XX

U.S.

X.X

XX.X

X.X

X.X

XX.X

XX

XX

Foreign

X.X

X.X

XX.X

X.X

XX.X

XX

XX

Ending Stocks

World

XX.X

XX.X

XX.X

X.X

XXX.X

XX

XX

U.S.

XX.X

XX.X

XX.X

X.X

XX.X

XX

XX

Foreign

XX.X

XX.X

XX.X

X.X

XXX.X

XX

XX

RICE, milled

Production

World

X.X

X.X

X.X

X.X

XX.X

XX

XX

U.S.

X.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

X.X

X.X

X.X

X.X

XX.X

XX

XX

Exports

World

X.X

XX.X

X.X

X.X

X.X

XX

XX

U.S.

XX.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

XX.X

XX.X

X.X

X.X

X.X

XX

XX

Domestic Use

World

X.X

X.X

X.X

X.X

XX.X

XX

XX

U.S.

X.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

X.X

X.X

X.X

X.X

XX.X

XX

XX

Ending Stocks

World

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

U.S.

XX.X

XX.X

X.X

X.X

X.X

XX

XX

Foreign

XX.X

XX.X

X.X

X.X

XX.X

XX

XX

1/ Footnotes at end of table. CONTINUED

May 2019

WASDE - 588 - 36

Reliability of May Projections (Continued) 1/

Differences between forecast and final estimate 90 percent Years Commodity and Region

Root mean square error

confidence interval Average Smallest Largest

Below Final

Above Final

SOYBEANS Percent Million Metric Tons Production

World NA NA XX.X X.X XX.X X X U.S. X.X XX.X X.X X.X XX.X XX XX Foreign NA NA X.X X.X XX.X X X

Exports World NA NA X.X X.X XX.X X X U.S. XX.X XX.X X.X X.X XX.X XX XX Foreign NA NA X.X X.X XX.X X X

Domestic Use World NA NA X.X X.X XX.X X X U.S. X.X XX.X X.X X.X X.X XX XX Foreign NA NA X.X X.X XX.X X X

Ending Stocks World NA NA X.X X.X XX.X X X U.S. XX.X XXX.X X.X X.X XX.X XX XX Foreign NA NA X.X X.X XX.X X X

COTTON Million XXX-Pound Bales Production

World X.X XX.X X.X X.X XX.X XX XX U.S. XX.X XX.X X.X X.X X.X XX XX Foreign X.X XX.X X.X X.X XX.X XX XX

Exports World XX.X XX.X X.X X.X XX.X XX XX U.S. XX.X XX.X X.X X.X X.X XX XX Foreign XX.X XX.X X.X X.X XX.X XX XX

Domestic Use World X.X X.X X.X X.X XX.X XX XX U.S. X.X XX.X X.X X.X X.X XX XX Foreign X.X X.X X.X X.X XX.X XX XX

Ending Stocks World XX.X XX.X X.X X.X XX.X XX XX U.S. XX.X XX.X X.X X.X X.X XX XX Foreign XX.X XX.X X.X X.X XX.X XX XX

1/ Marketing years 1981/82 through 2018/19 for grains, soybeans (U.S. only), and cotton. Marketing years 2009/10 through 2018/19 for global and foreign soybeans. Final for grains, soybeans, and cotton is defined as the first November estimate following the marketing year for 1981/82 through 2017/18, and for 2018/19 the last month’s estimate. 2/ Includes corn, sorghum, barley, oats, rye, millet, and mixed grain.

May 2019

WASDE - 588 - 37

Reliability of United States May Projections 1/

Differences between forecast and final estimate 90 percent Years Root mean

square error confidence

interval Average Smallest Largest Below

Final Above

Final CORN Percent Million Bushels

Production XX.X XX.X XXX X X,XXX XX XX Exports XX.X XX.X XXX X X,XXX XX XX Domestic Use X.X XX.X XXX XX X,XXX XX XX Ending Stocks XX.X XXX.X XXX XX X,XXX XX XX

SORGHUM Production XX.X XX.X XX X XXX XX XX Exports XX.X XX.X XX X XXX XX XX Domestic Use XX.X XX.X XX X XXX XX XX Ending Stocks XX.X XXX.X XX X XXX XX XX

BARLEY Production XX.X XX.X XX X XXX XX XX Exports XX.X XXX.X XX X XX XX XX Domestic Use XX.X XX.X XX X XX XX XX Ending Stocks XX.X XX.X XX X XX XX XX

OATS Production XX.X XX.X XX X XXX X XX Exports XXX.X XXX.X X X X X XX Domestic Use XX.X XX.X XX X XXX XX XX Ending Stocks XX.X XX.X XX X XX XX XX

SOYBEAN MEAL Thousand Short Tons Production X.X X.X X,XXX X X,XXX XX XX Exports XX.X XX.X XXX X X,XXX XX XX Domestic Use X.X X.X XXX XX X,XXX XX XX Ending Stocks XX.X XX.X XX X XXX XX XX

SOYBEAN OIL Million Pounds Production X.X X.X XXX XX X,XXX XX XX Exports XX.X XX.X XXX XX X,XXX XX XX Domestic Use X.X X.X XXX X X,XXX XX XX Ending Stocks XX.X XX.X XXX XX X,XXX XX XX

ANIMAL PROD. 3/ Million Pounds Beef X.X X.X XXX XX X,XXX XX X Pork X.X X.X XXX XX X,XXX XX X Broilers X.X X.X XXX XX X,XXX XX XX Turkeys X.X X.X XXX X XXX XX XX

Million Dozen Eggs X.X X.X XX X XXX XX X

Billion Pounds Milk X.X X.X X.X X.X X.X XX X

1/ See pages 35 and 36 for record of reliability for U.S. wheat, rice, soybeans, and cotton. Marketing years 1981/82 through 2018/19 for grains, soybeans, and cotton. Final for grains, soybeans, and cotton is defined as the first November estimate following the marketing year for 1981/82 through 2017/18, and for 2018/19 the last month’s estimate. Calendar years 1982 through 2018 for meats, eggs, and milk. Final for animal products is defined as the latest annual production estimate published by NASS for 1994-2018.