USDA World Grain S&Ds 04/09
04/10/2026 | 7:34 pm CDT USDA World Grain S&Ds 04/09
USDA World Grain S&Ds 04/09
WASDE - 670 - 8 April 2026
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/
2023/24 2822.69 3615.88 515.23 2819.16 796.72
2024/25 (Est.) 2852.86 3649.58 499.34 2874.25 775.33
2025/26 (Proj.)
Mar 2976.53 3751.90 537.18 2959.64 792.27
Apr 2983.76 3759.09 537.15 2957.49 801.60
Wheat
2023/24 791.53 1066.22 222.23 796.58 269.65
2024/25 (Est.) 799.33 1068.97 210.46 809.88 259.09
2025/26 (Proj.)
Mar 842.12 1101.75 222.16 824.80 276.96
Apr 844.15 1103.24 221.88 820.12 283.12
Coarse Grains 5/
2023/24 1507.22 1844.67 236.25 1497.93 346.73
2024/25 (Est.) 1511.96 1858.69 227.40 1533.97 324.72
2025/26 (Proj.)
Mar 1593.13 1917.66 253.07 1593.88 323.77
Apr 1598.26 1922.98 253.82 1596.80 326.18
Rice, milled
2023/24 523.93 704.99 56.75 524.65 180.34
2024/25 (Est.) 541.57 721.91 61.49 530.39 191.52
2025/26 (Proj.)
Mar 541.28 732.50 61.95 540.96 191.54
Apr 541.35 732.87 61.45 540.57 192.31
United States
Total Grains 4/
2023/24 458.90 520.30 85.72 366.49 68.09
2024/25 (Est.) 452.42 528.32 100.66 360.32 67.34
2025/26 (Proj.)
Mar 508.41 582.72 116.98 381.87 83.87
Apr 508.41 582.85 116.88 381.88 84.09
Wheat
2023/24 49.10 68.35 19.21 30.18 18.95
2024/25 (Est.) 53.85 76.86 22.48 31.12 23.26
2025/26 (Proj.)
Mar 54.01 80.54 24.49 30.71 25.34
Apr 54.01 80.67 24.49 30.66 25.52
Coarse Grains 5/
2023/24 402.88 442.66 63.37 331.42 47.87
2024/25 (Est.) 391.51 441.58 75.31 323.90 42.37
2025/26 (Proj.)
Mar 447.83 492.45 89.78 345.74 56.93
Apr 447.83 492.45 89.78 345.85 56.82
Rice, milled
2023/24 6.92 9.29 3.15 4.88 1.27
2024/25 (Est.) 7.05 9.88 2.87 5.30 1.71
2025/26 (Proj.)
Mar 6.56 9.73 2.70 5.43 1.60
Apr 6.56 9.73 2.60 5.37 1.76
================================================================================
WASDE - 670 - 9 April 2026
World and U.S. Supply and Use for Grains, Continued 1/
Million Metric Tons
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use Stocks
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Foreign 3/
Total Grains 4/
2023/24 2363.79 3095.58 429.51 2452.68 728.63
2024/25 (Est.) 2400.44 3121.26 398.68 2513.92 707.99
2025/26 (Proj.)
Mar 2468.12 3169.19 420.20 2577.76 708.40
Apr 2475.36 3176.24 420.27 2575.61 717.51
Wheat
2023/24 742.44 997.87 203.02 766.39 250.69
2024/25 (Est.) 745.48 992.11 187.98 778.76 235.83
2025/26 (Proj.)
Mar 788.11 1021.22 197.66 794.09 251.62
Apr 790.14 1022.57 197.39 789.46 257.60
Coarse Grains 5/
2023/24 1104.34 1402.00 172.88 1166.51 298.86
2024/25 (Est.) 1120.45 1417.11 152.09 1210.07 282.36
2025/26 (Proj.)
Mar 1145.30 1425.20 163.29 1248.14 266.84
Apr 1150.43 1430.53 164.04 1250.96 269.36
Rice, milled
2023/24 517.01 695.70 53.61 519.77 179.08
2024/25 (Est.) 534.52 712.03 58.61 525.09 189.81
2025/26 (Proj.)
Mar 534.71 722.77 59.25 535.53 189.94
Apr 534.79 723.15 58.85 535.20 190.55
================================================================================
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
2023/24 112.23 188.09 44.06 114.99 73.30
2024/25 (Est.) 119.34 192.65 42.40 119.44 74.07
2025/26 (Proj.)
Mar 120.99 194.75 43.91 118.58 76.39
Apr 121.87 195.94 43.72 119.14 77.04
United States
2023/24 12.07 16.72 11.75 1.85 3.15
2024/25 (Est.) 14.41 17.57 11.90 1.70 4.00
2025/26 (Proj.)
Mar 13.92 17.92 12.00 1.60 4.40
Apr 13.92 17.92 12.00 1.60 4.40
Foreign 4/
2023/24 100.17 171.38 32.31 113.14 70.15
2024/25 (Est.) 104.93 175.08 30.50 117.74 70.07
2025/26 (Proj.)
Mar 107.08 176.83 31.91 116.98 71.99
Apr 107.95 178.01 31.72 117.54 72.64
================================================================================
WASDE - 670 - 10 April 2026
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
2023/24 657.49 780.53 205.21 543.67 136.11
2024/25 (Est.) 686.76 822.86 213.34 568.80 143.16
2025/26 (Proj.)
Mar 697.54 839.75 214.99 582.28 146.58
Apr 698.21 841.37 214.98 584.61 145.91
Oilmeals
2023/24 371.55 389.87 105.84 366.30 19.27
2024/25 (Est.) 392.82 412.10 114.43 382.28 23.05
2025/26 (Proj.)
Mar 402.12 425.34 115.71 396.77 24.04
Apr 403.62 426.67 116.02 398.11 24.08
Vegetable Oils
2023/24 222.26 254.70 86.22 218.03 30.81
2024/25 (Est.) 230.20 261.01 88.49 223.17 30.01
2025/26 (Proj.)
Mar 235.86 265.79 87.77 228.98 30.65
Apr 236.49 266.50 87.90 229.44 30.74
United States
Oilseeds
2023/24 122.16 132.12 47.49 66.22 10.81
2024/25 (Est.) 128.60 140.69 52.29 70.43 10.23
2025/26 (Proj.)
Mar 126.24 137.65 43.99 73.91 11.39
Apr 126.24 137.65 43.03 74.80 11.49
Oilmeals
2023/24 51.43 56.13 14.75 40.90 0.49
2024/25 (Est.) 55.27 60.70 16.78 43.48 0.45
2025/26 (Proj.)
Mar 57.68 62.80 17.81 44.49 0.50
Apr 58.39 63.73 17.81 45.42 0.50
Vegetable Oils
2023/24 13.59 21.59 0.42 20.13 1.04
2024/25 (Est.) 14.49 21.44 1.28 19.05 1.10
2025/26 (Proj.)
Mar 14.89 22.27 0.70 20.40 1.18
Apr 15.07 22.24 0.69 20.35 1.20
Foreign 3/
Oilseeds
2023/24 535.33 648.41 157.73 477.44 125.29
2024/25 (Est.) 558.16 682.17 161.06 498.37 132.93
2025/26 (Proj.)
Mar 571.30 702.10 171.00 508.37 135.20
Apr 571.97 703.72 171.95 509.81 134.42
Oilmeals
2023/24 320.13 333.73 91.09 325.40 18.79
2024/25 (Est.) 337.56 351.39 97.65 338.80 22.61
2025/26 (Proj.)
Mar 344.44 362.54 97.89 352.29 23.55
Apr 345.23 362.95 98.21 352.69 23.58
Vegetable Oils
2023/24 208.67 233.12 85.80 197.89 29.77
2024/25 (Est.) 215.72 239.57 87.21 204.12 28.91
2025/26 (Proj.)
Mar 220.97 243.52 87.07 208.58 29.47
Apr 221.43 244.26 87.21 209.09 29.54
================================================================================
WASDE - 670 - 11 April 2026
U.S. Wheat Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Acres
Area Planted 49.6 46.3 45.3 45.3
Area Harvested 37.1 38.6 37.2 37.2
Bushels
Yield per Harvested Acre 48.7 51.2 53.3 53.3
Million Bushels
Beginning Stocks 570 696 855 855
Production 1804 1979 1985 1985
Imports 138 149 120 125
Supply, Total 2511 2824 2959 2964
Food 961 969 967 967
Seed 62 61 61 60
Feed and Residual 86 113 100 100
Domestic, Total 1109 1143 1128 1127
Exports 706 826 900 900
Use, Total 1815 1969 2028 2027
Ending Stocks 696 855 931 938
Avg.FarmPrice ($/bu) 2/ 6.96 5.52 4.95 5.00
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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
2024/25 (Est.)
Beginning Stocks 274 190 126 85 21 696
Production 773 505 344 276 80 1979
Imports 6 79 5 7 51 149
Supply, Total 3/ 1054 774 476 368 152 2824
Food 387 258 153 84 88 969
Seed 26 15 12 6 3 61
Feed and Residual 25 33 66 -25 15 113
Domestic Use 438 305 231 65 105 1143
Exports 215 251 118 223 19 826
Use, Total 652 556 349 288 124 1969
Ending Stocks, Total 402 218 127 80 28 855
2025/26 (Proj.)
Beginning Stocks 402 218 127 80 28 855
Production 804 458 353 283 86 1985
Imports 6 65 4 6 44 125
Supply, Total 3/ 1212 741 484 369 158 2964
Food 390 255 152 84 86 967
Seed 26 14 11 6 3 60
Feed and Residual 30 10 65 -10 5 100
Domestic Use 446 279 228 80 94 1127
Exports 320 230 120 200 30 900
Use, Total 766 509 348 280 124 2027
Ending Stocks, Total
Apr 447 232 136 89 34 938
Mar 450 231 141 78 31 931
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WASDE - 670 - 12 April 2026
U.S. Feed Grain and Corn Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Acres
FEED GRAINS
Area Planted 107.5 101.8 110.1 110.1
Area Harvested 96.0 91.4 100.0 100.0
Metric Tons
Yield per Harvested Acre 4.19 4.28 4.48 4.48
Million Metric Tons
Beginning Stocks 37.1 47.9 42.3 42.3
Production 402.6 391.1 447.5 447.5
Imports 2.3 2.0 2.1 2.1
Supply, Total 442.0 441.0 491.9 491.9
Feed and Residual 151.5 144.0 161.6 161.7
Food, Seed & Industrial 179.3 179.3 183.7 183.7
Domestic, Total 330.8 323.3 345.2 345.3
Exports 63.4 75.3 89.8 89.8
Use, Total 394.2 398.6 435.0 435.1
Ending Stocks 47.9 42.3 56.9 56.8
Million Acres
CORN
Area Planted 94.6 90.9 98.8 98.8
Area Harvested 86.5 83.0 91.3 91.3
Bushels
Yield per Harvested Acre 177.3 179.3 186.5 186.5
Million Bushels
Beginning Stocks 1360 1763 1551 1551
Production 15341 14892 17021 17021
Imports 28 22 25 25
Supply, Total 16729 16677 18597 18597
Feed and Residual 5831 5454 6200 6200
Food,Seed& Industrial 2/ 6880 6813 6970 6970
Ethanol & by-products 3/ 5489 5436 5600 5600
Domestic, Total 12711 12267 13170 13170
Exports 2255 2858 3300 3300
Use, Total 14966 15126 16470 16470
Ending Stocks 1763 1551 2127 2127
Avg.FarmPrice ($/bu) 4/ 4.55 4.24 4.10 4.15
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WASDE - 670 - 13 April 2026
U.S. Sorghum, Barley, and Oats Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Bushels
SORGHUM
AreaPlanted (mil. acres) 7.2 6.3 6.6 6.6
AreaHarvested(mil.acres) 6.1 5.6 6.0 6.0
Yield (bushels/acre) 52.0 61.3 72.6 72.6
Beginning Stocks 24 33 40 40
Production 318 344 437 437
Imports 0 0 0 0
Supply, Total 342 377 477 477
Feed and Residual 51 140 100 100
Food, Seed & Industrial 24 98 115 115
Total Domestic 75 239 215 215
Exports 234 98 225 225
Use, Total 309 336 440 440
Ending Stocks 33 40 37 37
Avg.FarmPrice ($/bu) 2/ 4.93 4.07 3.55 3.55
BARLEY
AreaPlanted (mil. acres) 3.1 2.4 2.3 2.3
AreaHarvested(mil.acres) 2.6 1.9 1.8 1.8
Yield (bushels/acre) 72.3 76.6 80.0 80.0
Beginning Stocks 66 78 69 69
Production 186 144 141 141
Imports 13 9 8 8
Supply, Total 265 232 218 218
Feed and Residual 56 36 25 30
Food, Seed & Industrial 126 118 115 115
Total Domestic 182 154 140 145
Exports 5 9 9 9
Use, Total 187 162 149 154
Ending Stocks 78 69 69 64
Avg.FarmPrice ($/bu) 2/ 7.39 6.31 5.45 5.45
OATS
AreaPlanted (mil. acres) 2.6 2.2 2.4 2.4
AreaHarvested(mil.acres) 0.8 0.9 0.9 0.9
Yield (bushels/acre) 68.6 76.4 73.8 73.8
Beginning Stocks 35 36 28 28
Production 57 68 70 70
Imports 74 71 72 72
Supply, Total 166 176 170 170
Feed and Residual 47 64 55 55
Food, Seed & Industrial 80 81 82 82
Total Domestic 127 145 137 137
Exports 2 2 3 3
Use, Total 129 148 140 140
Ending Stocks 36 28 30 30
Avg.FarmPrice ($/bu) 2/ 3.92 3.35 3.20 3.25
================================================================================
WASDE - 670 - 14 April 2026
U.S. Rice Supply and Use 1/
(Rough Equivalent of Rough and Milled Rice)
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Acres
TOTAL RICE
Area Planted 2.90 2.92 2.81 2.81
Area Harvested 2.85 2.87 2.74 2.74
Pounds
Yield per Harvested Acre 7641 7753 7544 7544
Million Hundredweight
Beginning Stocks 2/ 30.3 39.8 53.9 53.9
Production 218.0 222.6 206.7 206.7
Imports 44.4 49.3 45.7 45.7
Supply, Total 292.6 311.7 306.3 306.3
Domestic & Residual 3/ 153.7 167.3 171.0 169.0
Exports, Total 4/ 99.0 90.5 85.0 82.0
Rough 42.5 28.9 21.0 19.0
Milled (rough equiv.) 56.5 61.7 64.0 63.0
Use, Total 252.8 257.8 256.0 251.0
Ending Stocks 39.8 53.9 50.3 55.3
Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00
Avg.FarmPrice($/cwt) 6/ 17.30 15.10 12.10 12.10
LONG GRAIN RICE
Harvested Acres (mil.) 2.05 2.26 2.08 2.08
Yield (pounds/acre) 7523 7626 7359 7359
Beginning Stocks 21.2 19.3 37.3 37.3
Imports 37.2 42.7 39.0 39.0
Production 153.8 172.0 153.3 153.3
Supply, Total 7/ 212.2 234.0 229.6 229.6
Domestic & Residual 3/ 117.8 135.8 139.0 137.0
Exports 8/ 75.1 60.8 54.0 51.0
Use, Total 192.9 196.6 193.0 188.0
Ending Stocks 19.3 37.3 36.6 41.6
Avg.FarmPrice($/cwt) 6/ 15.90 14.00 10.50 10.40
MEDIUM & SHORT GRAIN RICE
Harvested Acres (mil.) 0.81 0.62 0.66 0.66
Yield (pounds/acre) 7938 8219 8130 8130
Beginning Stocks 6.8 18.9 13.7 13.7
Imports 7.2 6.6 6.7 6.7
Production 64.1 50.6 53.4 53.4
Supply, Total 7/ 78.8 74.9 73.9 73.9
Domestic & Residual 3/ 35.9 31.5 32.0 32.0
Exports 8/ 23.9 29.7 31.0 31.0
Use, Total 59.9 61.2 63.0 63.0
Ending Stocks 18.9 13.7 10.9 10.9
Avg. Farm Price ($/cwt) 1/ 6/
9/ 21.60 18.50 18.10 18.30
California 10/ 22.30 18.70 20.00 20.00
Other States 1/ 17.20 15.00 14.20 14.70
================================================================================
WASDE - 670 - 15 April 2026
U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Acres
SOYBEANS
Area Planted 83.6 87.3 81.2 81.2
Area Harvested 82.3 86.2 80.4 80.4
Bushels
Yield per Harvested Acre 50.6 50.7 53.0 53.0
Million Bushels
Beginning Stocks 264 342 325 325
Production 4162 4374 4262 4262
Imports 21 29 25 25
Supply, Total 4447 4746 4612 4612
Crushings 2285 2445 2575 2610
Exports 1700 1882 1575 1540
Seed 75 70 73 73
Residual 44 23 39 39
Use, Total 4105 4421 4262 4262
Ending Stocks 342 325 350 350
Avg.FarmPrice ($/bu) 2/ 12.40 10.00 10.20 10.30
Million Pounds
SOYBEAN OIL
Beginning Stocks 1607 1551 1747 1747
Production 4/ 27093 29218 29920 30330
Imports 621 362 365 315
Supply, Total 29321 31131 32032 32392
Domestic Disappearance 27153 26891 29050 29350
Biofuel 3/ 12995 11758 14000 14000
Food, Feed & other
Industrial 14158 15133 15050 15350
Exports 617 2492 1200 1200
Use, Total 27770 29384 30250 30550
Ending stocks 1551 1747 1782 1842
Avg. Price (c/lb) 2/ 47.28 47.59 55.00 59.00
Thousand Short Tons
SOYBEAN MEAL
Beginning Stocks 371 453 398 398
Production 4/ 54106 58443 61077 61877
Imports 687 807 800 800
Supply, Total 55164 59704 62275 63075
Domestic Disappearance 38657 41041 42425 43225
Exports 16054 18265 19400 19400
Use, Total 54711 59305 61825 62625
Ending Stocks 453 398 450 450
Avg. Price ($/s.t.) 2/ 384.11 299.77 300.00 310.00
================================================================================
WASDE - 670 - 16 April 2026
U.S. Sugar Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
1000 Short Tons, Raw Value
Beginning Stocks 1843 2220 2490 2490
Production 2/ 9313 9397 9280 9268
Beet Sugar 5172 5370 5093 5060
Cane Sugar 4141 4027 4187 4207
Florida 2079 1932 1956 1976
Louisiana 2022 2095 2232 2232
Texas 40 0 0 0
Imports 3840 3393 2427 2512
TRQ 3/ 1788 1534 1316 1316
Other Program 4/ 300 373 250 300
Non-program 1752 1485 861 896
Mexico 521 504 220 220
High-tier tariff/other 1231 980 642 676
Total Supply 14995 15009 14197 14269
Exports 249 111 50 25
Deliveries 12443 12450 12270 12364
Food 12336 12340 12165 12259
Other 5/ 106 111 105 105
Miscellaneous 83 -41 0 0
Total Use 12775 12520 12320 12389
Ending Stocks 2220 2490 1878 1880
Stocks to Use Ratio 17.4 19.9 15.2 15.2
================================================================================
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
2024/25 Est.
Mar 1418 4771 167 4210 1023 1123
Apr 1418 4771 167 4210 1023 1123
2025/26 Proj.
Mar 1123 5024 52 4297 834 1068
Apr 1123 5125 52 4297 935 1068
================================================================================
WASDE - 670 - 17 April 2026
U.S. Cotton Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Mar Apr
================================================================================
Million Acres
Planted 10.23 11.18 9.28 9.28
Harvested 6.44 7.81 7.80 7.80
Pounds
Yield per Harvested
Acre 899 886 856 856
Million 480 Pound Bales
Beginning Stocks 4.65 3.15 4.00 4.00
Production 12.07 14.41 13.92 13.92
Imports 0.00 0.00 0.01 0.01
Supply, Total 16.72 17.57 17.92 17.92
Domestic Use 1.85 1.70 1.60 1.60
Exports, Total 11.75 11.90 12.00 12.00
Use, Total 13.60 13.60 13.60 13.60
Unaccounted 2/ -0.03 -0.03 -0.08 -0.08
Ending Stocks 3.15 4.00 4.40 4.40
Avg. Farm Price 3/ 76.1 63.2 60.0 61.0
================================================================================
WASDE - 670 - 18 April 2026
World Wheat Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24
World 3/ 274.69 791.53 223.23 159.14 796.58 222.23 269.65
World Less China 135.87 654.94 209.61 122.14 643.08 221.22 135.12
United States 15.50 49.10 3.75 2.33 30.18 19.21 18.95
Total Foreign 259.19 742.44 219.48 156.81 766.40 203.02 250.69
Major Exporters 4/ 47.63 325.10 13.79 72.96 179.69 165.59 41.23
Argentina 3.97 15.85 0.00 0.25 7.05 8.23 4.54
Australia 4.37 25.96 0.22 4.80 8.30 19.84 2.41
Canada 5.71 33.41 0.56 3.81 8.94 25.44 5.29
European Union 5/ 16.27 135.38 12.65 46.50 110.50 38.00 15.79
Russia 14.39 91.50 0.30 16.00 39.00 55.50 11.69
Ukraine 2.93 23.00 0.06 1.60 5.90 18.58 1.51
Major Importers 6/ 178.80 208.72 139.44 56.54 329.63 19.75 177.58
Bangladesh 0.83 1.10 6.65 0.20 7.30 0.00 1.28
Brazil 1.80 8.10 6.61 0.60 12.00 2.81 1.69
China 138.82 136.59 13.63 37.00 153.50 1.01 134.52
Japan 1.14 1.15 5.35 0.73 6.23 0.31 1.09
N. Africa 7/ 12.07 16.37 31.58 1.63 46.48 2.00 11.54
Nigeria 0.37 0.12 5.11 0.00 4.80 0.35 0.45
Sel. Mideast 8/ 11.74 20.77 20.34 3.23 39.72 0.65 12.47
Southeast Asia 9/ 3.17 0.00 30.56 9.85 27.86 1.32 4.56
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
2024/25 Est.
World 3/ 269.65 799.33 201.05 156.34 809.88 210.46 259.09
World Less China 135.12 659.23 196.88 123.34 659.88 209.44 131.32
United States 18.95 53.85 4.05 3.07 31.12 22.48 23.26
Total Foreign 250.69 745.48 196.99 153.26 778.76 187.98 235.83
Major Exporters 4/ 41.23 314.61 11.86 73.96 181.37 152.97 33.36
Argentina 4.54 18.51 0.01 0.25 7.15 13.31 2.60
Australia 2.41 34.11 0.22 5.60 9.10 23.65 3.99
Canada 5.29 35.94 0.61 3.01 8.32 29.34 4.18
European Union 5/ 15.79 121.06 10.64 44.50 108.50 27.92 11.08
Russia 11.69 81.60 0.30 17.00 40.00 43.00 10.59
Ukraine 1.51 23.40 0.07 3.60 8.30 15.75 0.93
Major Importers 6/ 177.58 211.37 120.99 51.55 328.17 16.27 165.48
Bangladesh 1.28 1.10 5.80 0.20 7.40 0.00 0.78
Brazil 1.69 7.89 7.20 0.70 12.20 1.89 2.69
China 134.52 140.10 4.17 33.00 150.00 1.02 127.78
Japan 1.09 1.07 5.57 0.73 6.28 0.34 1.12
N. Africa 7/ 11.54 15.84 31.68 1.35 46.15 2.51 10.39
Nigeria 0.45 0.13 6.23 0.00 6.10 0.38 0.32
Sel. Mideast 8/ 12.47 23.56 17.65 2.99 40.23 0.68 12.76
Southeast Asia 9/ 4.56 0.00 29.17 9.60 28.43 1.45 3.86
Selected Other
India 7.50 113.29 0.16 6.00 108.96 0.19 11.80
Kazakhstan 3.45 18.58 0.50 3.20 8.30 10.19 4.03
United Kingdom 3.26 11.15 3.81 6.83 15.03 0.50 2.69
================================================================================
WASDE - 670 - 19 April 2026
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
================================================================================
2025/26 Proj.
World 3/
Mar 259.63 842.12 218.02 165.46 824.80 222.16 276.96
Apr 259.09 844.15 217.62 165.15 820.12 221.88 283.12
World Less China
Mar 131.86 702.05 212.02 134.46 676.80 221.16 152.11
Apr 131.32 704.08 211.62 134.15 672.12 220.88 158.28
United States
Mar 23.26 54.01 3.27 2.72 30.71 24.49 25.34
Apr 23.26 54.01 3.40 2.72 30.66 24.49 25.52
Total Foreign
Mar 236.37 788.11 214.76 162.74 794.09 197.66 251.62
Apr 235.83 790.14 214.22 162.43 789.46 197.39 257.60
Major Exporters 4/
Mar 33.96 361.26 7.24 83.50 192.15 163.00 47.30
Apr 33.36 363.28 7.24 83.60 192.35 162.50 49.03
Argentina
Mar 2.60 27.80 0.01 0.50 7.60 19.50 3.31
Apr 2.60 27.92 0.01 0.50 7.60 19.50 3.43
Australia
Mar 3.99 36.00 0.23 5.50 9.10 27.00 4.12
Apr 3.99 36.00 0.23 5.50 9.10 26.50 4.62
Canada
Mar 4.18 39.96 0.60 4.50 9.85 29.00 5.89
Apr 4.18 39.96 0.60 4.50 9.85 29.00 5.89
European Union 5/
Mar 11.67 144.00 6.00 51.00 115.50 30.50 15.67
Apr 11.08 145.11 6.00 51.00 115.50 30.50 16.18
Russia
Mar 10.59 89.50 0.30 18.50 41.70 43.50 15.19
Apr 10.59 90.30 0.30 18.50 41.70 44.50 14.99
Ukraine
Mar 0.93 24.00 0.10 3.50 8.40 13.50 3.13
Apr 0.93 24.00 0.10 3.60 8.60 12.50 3.93
Major Importers 6/
Mar 165.34 206.30 139.60 50.62 331.32 15.76 164.17
Apr 165.48 206.18 139.58 50.82 331.29 15.60 164.36
Bangladesh
Mar 0.78 1.00 7.40 0.30 8.20 0.00 0.98
Apr 0.78 1.00 7.60 0.30 8.10 0.00 1.28
Brazil
Mar 2.69 8.00 7.10 0.75 12.35 2.30 3.14
Apr 2.69 7.87 6.80 0.75 12.35 2.10 2.91
China
Mar 127.78 140.07 6.00 31.00 148.00 1.00 124.85
Apr 127.78 140.07 6.00 31.00 148.00 1.00 124.85
Japan
Mar 1.13 0.99 5.65 0.73 6.28 0.34 1.15
Apr 1.12 1.06 5.75 0.78 6.38 0.34 1.22
N. Africa 7/
Mar 10.39 17.45 33.70 1.45 47.55 2.12 11.87
Apr 10.39 17.42 33.40 1.35 47.30 2.12 11.79
Nigeria
Mar 0.31 0.13 6.40 0.00 6.10 0.40 0.34
Apr 0.32 0.13 6.20 0.00 6.00 0.40 0.25
Sel. Mideast 8/
Mar 12.66 19.38 21.15 2.79 40.59 0.96 11.64
Apr 12.76 19.35 21.13 2.84 40.61 0.95 11.68
Southeast Asia 9/
Mar 3.81 0.00 33.40 10.75 30.80 1.44 4.97
Apr 3.86 0.00 34.10 11.15 31.30 1.45 5.21
India
Mar 11.80 117.95 0.20 6.50 112.51 0.25 17.19
Apr 11.80 117.95 0.20 6.00 107.70 0.25 22.00
Kazakhstan
Mar 4.03 19.33 0.70 3.50 8.65 10.50 4.90
Apr 4.03 19.33 0.70 3.50 8.65 11.00 4.40
United Kingdom
Mar 2.69 11.96 3.50 7.10 15.30 0.60 2.24
Apr 2.69 11.96 3.50 7.10 15.30 0.60 2.24
================================================================================
WASDE - 670 - 20 April 2026
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
================================================================================
2023/24
World 3/ 337.44 1507.22 242.67 924.62 1497.93 236.25 346.73
World Less China 130.69 1209.84 194.64 678.82 1159.23 236.25 133.27
United States 37.14 402.88 2.64 151.70 331.42 63.37 47.87
Total Foreign 300.31 1104.34 240.02 772.93 1166.51 172.88 298.86
Major Exporters 4/ 30.63 322.81 6.87 137.86 195.57 142.33 22.41
Argentina 3.13 59.98 0.01 12.88 18.94 40.58 3.61
Australia 3.97 14.48 0.00 5.09 6.97 9.66 1.83
Brazil 10.61 124.81 2.64 67.85 90.63 38.36 9.07
Canada 3.95 27.52 2.95 16.19 24.35 6.16 3.91
Russia 2.32 42.54 0.10 20.94 29.99 13.27 1.71
Ukraine 3.95 39.53 0.01 7.77 10.20 32.02 1.27
Major Importers 5/ 37.36 231.42 144.62 272.34 360.30 14.66 38.43
European Union 6/ 16.53 137.04 22.07 110.01 148.91 11.52 15.22
Japan 1.45 0.25 16.67 13.23 16.92 0.00 1.45
Mexico 5.61 28.93 24.95 30.50 53.17 0.02 6.29
N. Afr & Mideast 7/ 7.02 34.01 37.77 59.62 68.01 2.52 8.28
Saudi Arabia 1.40 0.27 7.00 6.92 7.25 0.00 1.41
Southeast Asia 8/ 2.89 30.67 19.82 38.24 49.59 0.60 3.19
South Korea 1.91 0.16 11.67 9.30 11.68 0.00 2.06
Selected Other
China 206.75 297.38 48.03 245.80 338.70 0.01 213.46
2024/25 Est.
World 3/ 346.73 1511.96 226.00 944.23 1533.97 227.40 324.72
World Less China 133.27 1208.49 207.76 694.48 1191.90 227.39 131.64
United States 47.87 391.51 2.19 144.14 323.90 75.31 42.37
Total Foreign 298.86 1120.45 223.81 800.09 1210.07 152.09 282.36
Major Exporters 4/ 22.41 333.34 5.09 142.11 205.45 125.37 30.02
Argentina 3.61 58.46 0.01 14.67 20.88 33.79 7.41
Australia 1.83 17.70 0.00 4.88 6.75 11.38 1.40
Brazil 9.07 143.59 2.83 72.00 100.93 42.21 12.35
Canada 3.91 27.52 1.87 14.85 22.92 6.90 3.48
Russia 1.71 34.78 0.10 20.43 28.40 6.77 1.41
Ukraine 1.27 33.47 0.02 8.23 10.96 22.35 1.45
Major Importers 5/ 38.43 228.41 154.92 286.38 374.90 11.29 35.57
European Union 6/ 15.22 137.22 20.17 110.28 149.19 9.16 14.26
Japan 1.45 0.20 16.72 13.16 16.85 0.00 1.52
Mexico 6.29 28.27 27.06 32.55 55.48 0.03 6.12
N. Afr & Mideast 7/ 8.28 30.98 45.27 67.38 76.09 1.56 6.88
Saudi Arabia 1.41 0.27 8.44 8.37 8.71 0.00 1.41
Southeast Asia 8/ 3.19 31.19 21.27 40.87 52.22 0.55 2.88
South Korea 2.06 0.16 11.56 9.40 11.74 0.00 2.05
Selected Other
China 213.46 303.47 18.24 249.75 342.08 0.01 193.09
================================================================================
WASDE - 670 - 21 April 2026
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
================================================================================
2025/26 Proj.
World 3/
Mar 324.52 1593.13 237.29 980.03 1593.88 253.07 323.77
Apr 324.72 1598.26 237.44 981.94 1596.80 253.82 326.18
World Less China
Mar 131.44 1282.94 209.94 722.85 1244.38 253.05 142.67
Apr 131.64 1288.07 210.24 724.91 1247.45 253.79 145.08
United States
Mar 42.37 447.83 2.25 161.64 345.74 89.78 56.93
Apr 42.37 447.83 2.25 161.75 345.85 89.78 56.82
Total Foreign
Mar 282.16 1145.30 235.04 818.39 1248.15 163.29 266.84
Apr 282.36 1150.43 235.18 820.19 1250.96 164.04 269.36
Major Exporters 4/
Mar 29.72 343.90 5.02 145.33 212.96 138.26 27.41
Apr 30.02 344.93 5.02 145.63 213.31 138.96 27.70
Argentina
Mar 7.47 61.32 0.01 14.34 20.63 42.40 5.77
Apr 7.41 61.26 0.01 14.34 20.63 42.30 5.74
Australia
Mar 1.39 20.95 0.00 5.74 7.61 12.38 2.35
Apr 1.40 20.95 0.00 5.74 7.61 12.68 2.06
Brazil
Mar 12.19 139.10 2.65 72.13 104.26 43.09 6.60
Apr 12.35 139.10 2.75 72.13 104.26 43.09 6.86
Canada
Mar 3.48 29.41 2.12 15.93 24.36 6.34 4.30
Apr 3.48 29.41 2.02 15.83 24.21 6.44 4.25
Russia
Mar 1.41 39.05 0.10 22.43 31.00 7.33 2.23
Apr 1.41 39.35 0.10 22.43 31.00 7.63 2.23
Ukraine
Mar 1.40 37.02 0.01 7.52 10.17 24.51 3.75
Apr 1.45 37.02 0.02 7.72 10.38 24.30 3.81
Major Importers 5/
Mar 35.73 234.18 157.99 291.60 379.97 11.20 36.73
Apr 35.57 236.04 157.88 291.58 380.60 11.40 37.49
European Union 6/
Mar 14.50 141.31 20.77 112.65 151.59 9.79 15.20
Apr 14.26 143.48 20.77 113.43 152.72 9.89 15.90
Japan
Mar 1.53 0.25 16.91 13.45 17.16 0.00 1.53
Apr 1.52 0.25 16.86 13.40 17.11 0.00 1.51
Mexico
Mar 6.12 30.89 27.55 34.55 57.83 0.03 6.70
Apr 6.12 30.39 27.50 34.05 57.33 0.03 6.65
N. Afr & Mideast 7/
Mar 6.81 30.12 44.77 65.53 74.13 0.82 6.75
Apr 6.88 30.23 45.04 65.62 74.41 0.92 6.82
Saudi Arabia
Mar 1.41 0.27 8.87 8.83 9.17 0.00 1.39
Apr 1.41 0.27 8.87 8.83 9.17 0.00 1.39
Southeast Asia 8/
Mar 2.88 31.08 22.88 42.68 53.53 0.57 2.75
Apr 2.88 31.16 22.60 42.35 53.30 0.57 2.78
South Korea
Mar 2.05 0.16 11.61 9.39 11.78 0.00 2.04
Apr 2.05 0.16 11.61 9.39 11.78 0.00 2.04
China
Mar 193.09 310.19 27.35 257.18 349.50 0.03 181.10
Apr 193.09 310.19 27.20 257.03 349.35 0.03 181.10
================================================================================
WASDE - 670 - 22 April 2026
World Corn Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24
World 3/ 305.36 1231.13 197.60 769.93 1221.24 192.65 315.25
World Less China 99.34 942.29 174.27 544.93 914.24 192.65 104.06
United States 34.55 389.67 0.72 148.11 322.87 57.28 44.79
Total Foreign 270.81 841.46 196.88 621.81 898.37 135.38 270.46
Major Exporters 4/ 18.51 233.13 2.72 94.24 128.72 112.88 12.76
Argentina 2.32 51.60 0.01 11.00 15.20 36.26 2.48
Brazil 9.88 119.00 1.72 62.50 84.00 38.26 8.33
Russia 0.91 16.60 0.05 9.10 10.20 6.60 0.76
South Africa 2.41 13.43 0.94 7.04 13.84 2.27 0.65
Ukraine 3.00 32.50 0.01 4.60 5.48 29.49 0.54
Major Importers 5/ 21.04 123.52 102.77 160.25 220.90 5.01 21.41
Egypt 1.51 7.20 8.02 12.80 15.30 0.00 1.43
European Union 6/ 8.02 61.95 19.81 58.10 78.10 4.39 7.29
Japan 1.30 0.01 15.29 12.00 15.30 0.00 1.30
Mexico 4.88 23.55 24.22 25.70 47.00 0.02 5.63
Southeast Asia 7/ 2.88 30.62 19.29 37.90 49.00 0.60 3.19
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 9.70 15.72 2.15 2.00
China 206.02 288.84 23.33 225.00 307.00 0.00 211.19
2024/25 Est.
World 3/ 315.25 1231.38 186.20 785.29 1250.35 187.15 296.28
World Less China 104.06 936.46 184.38 551.29 934.35 187.14 104.35
United States 44.79 378.27 0.55 138.55 311.60 72.60 39.40
Total Foreign 270.46 853.11 185.65 646.74 938.74 114.54 256.88
Major Exporters 4/ 12.76 244.07 1.94 99.40 140.50 96.11 22.16
Argentina 2.48 50.00 0.01 12.30 16.70 29.07 6.72
Brazil 8.33 136.00 1.76 65.00 92.50 42.08 11.52
Russia 0.76 14.00 0.05 9.80 10.90 3.00 0.91
South Africa 0.65 17.27 0.11 7.00 14.00 1.95 2.09
Ukraine 0.54 26.80 0.02 5.30 6.40 20.02 0.94
Major Importers 5/ 21.41 121.06 107.30 164.90 226.31 3.33 20.13
Egypt 1.43 7.00 10.56 14.70 17.30 0.00 1.69
European Union 6/ 7.29 59.59 18.76 56.30 76.70 2.76 6.18
Japan 1.30 0.02 15.46 12.10 15.40 0.00 1.37
Mexico 5.63 23.10 25.93 27.50 49.10 0.03 5.53
Southeast Asia 7/ 3.19 31.14 20.80 40.60 51.71 0.55 2.88
South Korea 2.04 0.09 11.44 9.35 11.55 0.00 2.03
Selected Other
Canada 2.00 15.35 1.69 8.58 14.44 3.00 1.58
China 211.19 294.92 1.82 234.00 316.00 0.00 191.93
================================================================================
WASDE - 670 - 23 April 2026
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
================================================================================
2025/26 Proj.
World 3/
Mar 295.82 1297.44 192.72 814.50 1300.51 206.85 292.75
Apr 296.28 1301.07 193.10 815.75 1302.55 207.29 294.81
World Less China
Mar 103.89 996.20 184.72 575.50 979.51 206.83 112.60
Apr 104.35 999.83 185.10 576.75 981.55 207.27 114.66
United States
Mar 39.40 432.34 0.64 157.49 334.53 83.82 54.02
Apr 39.40 432.34 0.64 157.49 334.53 83.82 54.02
Total Foreign
Mar 256.42 865.09 192.08 657.01 965.97 123.02 238.72
Apr 256.88 868.73 192.46 658.26 968.01 123.46 240.78
Major Exporters 4/
Mar 21.82 245.70 1.67 100.60 144.90 107.20 17.09
Apr 22.16 246.80 1.77 100.90 145.30 107.80 17.63
Argentina
Mar 6.78 52.00 0.01 12.30 16.70 37.00 5.09
Apr 6.72 52.00 0.01 12.30 16.70 37.00 5.02
Brazil
Mar 11.36 132.00 1.60 65.50 96.00 43.00 5.96
Apr 11.52 132.00 1.70 65.50 96.00 43.00 6.22
Russia
Mar 0.91 14.50 0.05 10.30 11.40 3.00 1.06
Apr 0.91 14.80 0.05 10.30 11.40 3.30 1.06
South Africa
Mar 1.94 16.50 0.00 7.10 14.20 2.20 2.04
Apr 2.09 17.30 0.00 7.30 14.50 2.50 2.39
Ukraine
Mar 0.84 30.70 0.01 5.40 6.60 22.00 2.95
Apr 0.94 30.70 0.01 5.50 6.70 22.00 2.95
Major Importers 5/
Mar 20.15 120.59 110.05 167.15 228.10 2.40 20.29
Apr 20.13 120.52 109.85 166.50 227.75 2.40 20.36
Egypt
Mar 1.69 6.70 10.50 14.50 17.10 0.00 1.79
Apr 1.69 6.70 10.50 14.50 17.10 0.00 1.79
European Union 6/
Mar 6.21 56.95 19.50 54.90 75.00 1.80 5.86
Apr 6.18 56.80 19.50 54.50 74.80 1.80 5.88
Japan
Mar 1.37 0.02 15.50 12.20 15.50 0.00 1.39
Apr 1.37 0.02 15.50 12.20 15.50 0.00 1.39
Mexico
Mar 5.53 25.70 26.30 29.50 51.40 0.03 6.10
Apr 5.53 25.70 26.30 29.50 51.40 0.03 6.10
Southeast Asia 7/
Mar 2.88 31.03 22.20 42.20 52.80 0.57 2.74
Apr 2.88 31.11 22.00 41.95 52.65 0.57 2.77
South Korea
Mar 2.03 0.09 11.50 9.35 11.60 0.00 2.02
Apr 2.03 0.09 11.50 9.35 11.60 0.00 2.02
Canada
Mar 1.58 14.87 2.00 8.70 14.60 2.20 1.65
Apr 1.58 14.87 1.90 8.60 14.50 2.20 1.65
China
Mar 191.93 301.24 8.00 239.00 321.00 0.02 180.15
Apr 191.93 301.24 8.00 239.00 321.00 0.02 180.15
================================================================================
WASDE - 670 - 24 April 2026
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
================================================================================
2023/24
World 3/ 181.06 523.93 53.82 524.65 56.75 180.34
World Less China 74.46 379.31 52.29 376.54 55.12 77.34
United States 0.96 6.92 1.41 4.88 3.15 1.27
Total Foreign 180.10 517.01 52.41 519.77 53.61 179.08
Major Exporters 4/ 46.57 207.19 3.77 165.10 42.62 49.81
Burma 1.55 12.30 0.01 9.90 2.75 1.22
India 35.00 137.83 0.00 116.40 14.42 42.00
Pakistan 2.04 9.87 0.02 4.00 6.53 1.40
Thailand 4.35 20.00 0.05 12.30 9.89 2.21
Vietnam 3.62 27.20 3.70 22.50 9.04 2.99
Major Importers 5/ 121.40 237.27 21.06 259.54 2.01 118.18
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 1.92 5.61 1.89 8.00 0.00 1.41
Philippines 3.38 12.33 4.50 16.80 0.00 3.40
Sel. Mideast 7/ 1.27 2.02 4.90 6.78 0.00 1.41
Selected Other
Brazil 0.62 7.20 0.96 7.10 0.97 0.71
C. Amer & Carib 8/ 0.60 1.28 1.87 3.15 0.06 0.54
Egypt 0.60 3.78 0.18 4.05 0.06 0.46
Japan 1.81 7.30 0.72 8.15 0.09 1.60
Mexico 0.12 0.15 0.85 0.99 0.02 0.12
South Korea 1.43 3.70 0.40 4.19 0.13 1.21
2024/25 Est.
World 3/ 180.34 541.57 58.03 530.39 61.49 191.52
World Less China 77.34 396.30 55.70 385.44 60.33 87.02
United States 1.27 7.05 1.57 5.30 2.87 1.71
Total Foreign 179.08 534.52 56.47 525.10 58.61 189.81
Major Exporters 4/ 49.81 219.21 3.60 169.97 46.45 56.20
Burma 1.22 11.90 0.01 9.60 2.57 0.95
India 42.00 150.00 0.00 121.17 22.83 48.00
Pakistan 1.40 9.72 0.02 4.10 5.13 1.91
Thailand 2.21 20.84 0.05 12.50 7.86 2.75
Vietnam 2.99 26.75 3.53 22.60 8.06 2.60
Major Importers 5/ 118.18 239.53 23.22 257.81 1.51 121.61
China 103.00 145.28 2.34 144.96 1.15 104.50
European Union 6/ 0.70 1.60 2.53 3.50 0.34 0.99
Indonesia 6.17 34.10 0.81 35.50 0.00 5.58
Nigeria 1.41 5.77 3.30 8.30 0.00 2.18
Philippines 3.40 12.37 5.42 17.40 0.00 3.79
Sel. Mideast 7/ 1.41 2.28 5.57 7.05 0.00 2.21
Selected Other
Brazil 0.71 8.68 0.93 7.35 1.30 1.66
C. Amer & Carib 8/ 0.54 1.43 1.88 3.17 0.09 0.59
Egypt 0.46 3.90 0.16 4.05 0.15 0.31
Japan 1.60 7.29 0.84 8.05 0.05 1.63
Mexico 0.12 0.16 0.89 1.00 0.03 0.15
South Korea 1.21 3.59 0.33 4.18 0.19 0.75
================================================================================
WASDE - 670 - 25 April 2026
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
================================================================================
2025/26 Proj.
World 3/
Mar 191.22 541.28 59.00 540.96 61.95 191.54
Apr 191.52 541.35 58.81 540.57 61.45 192.31
World Less China
Mar 86.72 394.95 55.90 393.93 60.05 86.54
Apr 87.02 395.02 55.61 393.44 59.55 87.31
United States
Mar 1.71 6.56 1.45 5.43 2.70 1.60
Apr 1.71 6.56 1.45 5.37 2.60 1.76
Total Foreign
Mar 189.51 534.71 57.55 535.53 59.25 189.94
Apr 189.81 534.79 57.35 535.20 58.85 190.55
Major Exporters 4/
Mar 56.20 219.80 3.98 175.95 46.60 57.43
Apr 56.20 220.10 3.98 176.10 46.20 57.98
Burma
Mar 0.95 12.00 0.01 9.40 2.60 0.95
Apr 0.95 12.00 0.01 9.40 2.60 0.95
India
Mar 48.00 152.00 0.00 127.00 24.00 49.00
Apr 48.00 152.00 0.00 127.00 24.00 49.00
Pakistan
Mar 1.91 9.40 0.02 4.20 5.10 2.03
Apr 1.91 9.40 0.02 4.30 4.70 2.33
Thailand
Mar 2.75 20.40 0.05 12.65 7.00 3.55
Apr 2.75 20.70 0.05 12.70 7.00 3.80
Vietnam
Mar 2.60 26.00 3.90 22.70 7.90 1.90
Apr 2.60 26.00 3.90 22.70 7.90 1.90
Major Importers 5/
Mar 121.05 240.85 22.25 261.13 2.34 120.68
Apr 121.61 240.75 21.98 261.25 2.35 120.74
China
Mar 104.50 146.33 3.10 147.03 1.90 105.00
Apr 104.50 146.33 3.20 147.13 1.90 105.00
European Union 6/
Mar 0.99 1.77 2.30 3.60 0.40 1.06
Apr 0.99 1.77 2.30 3.60 0.40 1.06
Indonesia
Mar 5.59 33.60 0.80 35.30 0.00 4.69
Apr 5.58 33.60 0.80 35.30 0.00 4.68
Nigeria
Mar 2.18 5.54 2.90 8.50 0.00 2.12
Apr 2.18 5.54 2.90 8.50 0.00 2.12
Philippines
Mar 3.79 12.30 4.40 17.60 0.00 2.89
Apr 3.79 12.20 4.40 17.60 0.00 2.79
Sel. Mideast 7/
Mar 1.63 2.23 5.05 7.25 0.00 1.66
Apr 2.21 2.23 4.88 7.18 0.00 2.13
Brazil
Mar 1.66 7.60 0.85 7.35 1.35 1.41
Apr 1.66 7.60 0.90 7.35 1.35 1.46
C. Amer & Carib 8/
Mar 0.59 1.42 2.04 3.33 0.08 0.63
Apr 0.59 1.42 1.96 3.26 0.08 0.63
Egypt
Mar 0.31 4.20 0.18 4.15 0.15 0.39
Apr 0.31 4.20 0.18 4.15 0.15 0.39
Japan
Mar 1.55 7.54 0.80 8.13 0.09 1.67
Apr 1.63 7.48 0.80 7.95 0.07 1.90
Mexico
Mar 0.15 0.19 0.85 1.02 0.01 0.16
Apr 0.15 0.19 0.80 1.01 0.01 0.12
South Korea
Mar 0.75 3.54 0.41 3.85 0.18 0.67
Apr 0.75 3.54 0.41 3.85 0.18 0.67
================================================================================
WASDE - 670 - 26 April 2026
World Cotton Supply and Use 1/
(Million 480-Pound Bales)
================================================================================
Supply Use
Region Beginning Produc- Loss Ending
Stocks tion Imports Domestic Exports 2/ Stocks
================================================================================
2023/24
World 75.86 112.23 44.05 114.99 44.06 -0.21 73.30
World Less China 42.50 84.88 29.08 76.09 44.00 -0.21 36.59
United States 4.65 12.07 3/ 1.85 11.75 -0.03 3.15
Total Foreign 71.21 100.17 44.05 113.14 32.31 -0.18 70.15
Major Exporters 4/ 27.24 57.93 1.63 34.60 28.25 -0.18 24.12
Central Asia 5/ 3.62 5.00 0.05 3.90 1.65 0.00 3.13
Afr. Fr. Zone 6/ 0.96 5.02 3/ 0.10 4.59 0.00 1.29
S. Hemis. 7/ 11.37 22.03 0.15 4.44 19.24 -0.18 10.04
Australia 4.81 5.00 3/ 0.00 5.76 -0.18 4.22
Brazil 3.93 14.57 0.01 3.37 12.31 0.00 2.83
India 10.82 25.40 0.89 25.50 2.31 0.00 9.30
Major Importers 8/ 41.78 39.61 39.95 74.49 2.99 0.00 43.86
Mexico 0.38 0.87 0.70 1.50 0.20 0.00 0.24
China 33.36 27.35 14.97 38.90 0.06 0.00 36.71
European Union 9/ 0.40 1.04 0.47 0.51 1.14 0.00 0.27
Turkey 2.63 3.19 3.57 6.60 1.39 0.00 1.40
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
2024/25 Est.
World 73.30 119.34 43.04 119.44 42.40 -0.22 74.07
World Less China 36.59 87.34 37.85 80.44 42.34 -0.22 39.23
United States 3.15 14.41 3/ 1.70 11.90 -0.03 4.00
Total Foreign 70.15 104.93 43.03 117.74 30.50 -0.19 70.07
Major Exporters 4/ 24.12 58.82 4.29 35.20 26.52 -0.19 25.69
Central Asia 5/ 3.13 5.09 0.10 3.94 1.47 0.00 2.91
Afr. Fr. Zone 6/ 1.29 4.44 3/ 0.10 4.27 0.00 1.37
S. Hemis. 7/ 10.04 24.70 0.15 4.49 19.13 -0.19 11.45
Australia 4.22 5.60 3/ 0.00 5.21 -0.19 4.80
Brazil 2.83 17.00 3/ 3.39 13.02 0.00 3.42
India 9.30 24.00 3.04 25.50 1.33 0.00 9.52
Major Importers 8/ 43.86 43.35 35.92 78.00 3.01 0.00 42.11
Mexico 0.24 1.00 0.60 1.35 0.18 0.00 0.31
China 36.71 32.00 5.19 39.00 0.06 0.00 34.84
European Union 9/ 0.27 1.24 0.41 0.46 1.26 0.00 0.20
Turkey 1.40 3.95 4.46 7.10 1.43 0.00 1.28
Pakistan 1.85 5.00 6.10 10.80 0.05 0.00 2.10
Indonesia 0.40 3/ 1.98 1.95 0.02 0.00 0.41
Thailand 0.09 3/ 0.51 0.50 0.00 0.00 0.11
Bangladesh 1.71 0.15 8.05 8.20 0.00 0.00 1.71
Vietnam 1.03 3/ 7.98 8.00 0.00 0.00 1.02
================================================================================
WASDE - 670 - 27 April 2026
World Cotton Supply and Use 1/
(Million 480-Pound Bales)
================================================================================
Supply Use
Region Beginning Produc- Loss Ending
Stocks tion Imports Domestic Exports 2/ Stocks
================================================================================
2025/26 Proj.
World
Mar 73.76 120.99 43.91 118.58 43.91 -0.22 76.39
Apr 74.07 121.87 43.75 119.14 43.72 -0.22 77.04
World Less China
Mar 38.92 85.49 38.31 79.08 43.84 -0.22 40.02
Apr 39.23 86.07 37.75 79.14 43.65 -0.22 40.48
United States
Mar 4.00 13.92 0.01 1.60 12.00 -0.08 4.40
Apr 4.00 13.92 0.01 1.60 12.00 -0.08 4.40
Total Foreign
Mar 69.76 107.08 43.90 116.98 31.91 -0.14 71.99
Apr 70.07 107.95 43.74 117.54 31.72 -0.14 72.64
Major Exporters 4/
Mar 25.37 58.76 5.45 34.83 28.51 -0.16 26.41
Apr 25.69 58.99 5.65 35.33 28.39 -0.16 26.77
Central Asia 5/
Mar 2.91 4.81 0.20 3.94 1.42 0.00 2.57
Apr 2.91 4.81 0.20 3.94 1.47 0.00 2.51
Afr. Fr. Zone 6/
Mar 1.37 4.03 3/ 0.11 4.07 0.00 1.23
Apr 1.37 4.03 3/ 0.11 4.07 0.00 1.23
S. Hemis. 7/
Mar 11.44 26.01 0.15 4.51 21.28 -0.16 11.96
Apr 11.45 25.93 0.15 4.51 21.28 -0.16 11.89
Australia
Mar 4.79 4.50 3/ 0.00 5.70 -0.16 3.75
Apr 4.80 4.50 3/ 0.00 5.70 -0.16 3.76
Brazil
Mar 3.42 19.50 0.01 3.40 14.50 0.00 5.02
Apr 3.42 19.50 0.01 3.40 14.50 0.00 5.02
India
Mar 9.22 23.50 4.00 25.00 1.40 0.00 10.32
Apr 9.52 23.80 4.20 25.50 1.20 0.00 10.82
Major Importers 8/
Mar 42.11 45.42 35.62 77.60 2.29 0.02 43.24
Apr 42.11 46.08 35.32 77.70 2.25 0.02 43.54
Mexico
Mar 0.31 0.57 0.65 1.20 0.10 0.02 0.21
Apr 0.31 0.57 0.65 1.20 0.10 0.02 0.21
China
Mar 34.84 35.50 5.60 39.50 0.08 0.00 36.36
Apr 34.84 35.80 6.00 40.00 0.08 0.00 36.56
European Union 9/
Mar 0.20 1.20 0.45 0.48 1.14 0.00 0.22
Apr 0.20 1.20 0.45 0.48 1.10 0.00 0.27
Turkey
Mar 1.28 3.00 4.50 6.80 0.90 0.00 1.08
Apr 1.28 3.05 4.50 6.80 0.90 0.00 1.13
Pakistan
Mar 2.10 5.00 5.50 10.60 0.05 0.00 1.95
Apr 2.10 5.30 5.20 10.60 0.05 0.00 1.95
Indonesia
Mar 0.41 3/ 1.90 1.90 0.02 0.00 0.40
Apr 0.41 3/ 1.90 1.90 0.02 0.00 0.40
Thailand
Mar 0.11 3/ 0.48 0.48 0.00 0.00 0.11
Apr 0.11 3/ 0.48 0.48 0.00 0.00 0.11
Bangladesh
Mar 1.71 0.15 7.90 8.00 0.00 0.00 1.77
Apr 1.71 0.15 7.70 7.80 0.00 0.00 1.77
Vietnam
Mar 1.02 3/ 8.00 8.00 0.00 0.00 1.02
Apr 1.02 3/ 7.80 7.80 0.00 0.00 1.02
================================================================================
WASDE - 670 - 28 April 2026
World Soybean Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic Ending
Stocks tion Imports Crush Total Exports Stocks
================================================================================
2023/24
World 2/ 101.82 396.40 178.54 331.25 383.87 177.76 115.13
World Less China 69.48 375.56 66.54 232.25 262.07 177.69 71.81
United States 7.19 113.27 0.57 62.20 65.44 46.27 9.32
Total Foreign 94.63 283.13 177.97 269.05 318.43 131.50 105.81
Major Exporters 3/ 54.28 217.00 8.67 94.14 105.49 120.00 54.46
Argentina 17.00 48.21 7.79 36.58 43.83 5.11 24.05
Brazil 36.82 154.50 0.87 54.41 58.26 104.17 29.76
Paraguay 0.37 11.00 0.01 3.00 3.10 7.99 0.29
Major Importers 4/ 35.02 24.57 144.20 126.74 157.23 0.35 46.22
China 32.34 20.84 112.00 99.00 121.80 0.07 43.31
European Union 1.26 2.81 13.55 14.50 16.07 0.25 1.30
Southeast Asia 5/ 0.68 0.47 9.09 4.35 9.40 0.02 0.83
Mexico 0.56 0.20 6.46 6.53 6.60 0.01 0.61
2024/25 Est.
World 2/ 115.13 428.15 179.19 359.25 413.46 184.21 124.81
World Less China 71.81 407.50 71.19 255.75 286.06 184.13 80.32
United States 9.32 119.05 0.79 66.55 69.09 51.23 8.84
Total Foreign 105.81 309.11 178.40 292.70 344.37 132.98 115.97
Major Exporters 3/ 54.46 238.01 7.07 105.30 116.40 121.12 62.02
Argentina 24.05 51.11 6.32 43.24 50.04 7.87 23.57
Brazil 29.76 172.50 0.73 58.16 62.16 103.14 37.69
Paraguay 0.29 10.20 0.00 3.70 3.80 6.41 0.29
Major Importers 4/ 46.22 24.54 142.49 133.17 164.83 0.42 48.00
China 43.31 20.65 108.00 103.50 127.40 0.07 44.49
European Union 1.30 2.91 14.71 15.40 17.02 0.33 1.57
Southeast Asia 5/ 0.83 0.45 10.10 5.11 10.18 0.01 1.18
Mexico 0.61 0.28 6.43 6.65 6.74 0.00 0.59
2025/26 Proj.
World 2/
Mar 123.84 427.18 185.61 367.96 424.16 187.17 125.31
Apr 124.81 427.41 185.63 369.35 425.88 187.17 124.79
World Less China
Mar 79.35 406.28 73.61 259.96 291.26 187.07 80.92
Apr 80.32 406.51 73.63 261.35 292.98 187.07 80.40
United States
Mar 8.84 115.99 0.68 70.08 73.13 42.86 9.52
Apr 8.84 115.99 0.68 71.03 74.07 41.91 9.52
Total Foreign
Mar 115.00 311.19 184.93 297.88 351.03 144.30 115.79
Apr 115.97 311.42 184.95 298.32 351.80 145.26 115.27
Major Exporters 3/
Mar 61.14 242.60 8.03 105.77 117.35 132.85 61.58
Apr 62.02 242.60 8.23 106.27 117.85 133.90 61.11
Argentina
Mar 23.57 48.00 7.50 41.00 47.90 8.25 22.92
Apr 23.57 48.00 7.30 41.00 47.90 8.25 22.72
Brazil
Mar 36.81 180.00 0.50 61.00 65.40 114.00 37.91
Apr 37.69 180.00 0.90 61.50 65.90 115.00 37.69
Paraguay
Mar 0.29 11.50 0.02 3.60 3.73 7.70 0.38
Apr 0.29 12.00 0.02 3.60 3.73 8.20 0.38
Major Importers 4/
Mar 48.06 24.63 146.74 137.95 170.90 0.43 48.11
Apr 48.00 24.71 146.74 138.00 171.00 0.43 48.02
China
Mar 44.49 20.90 112.00 108.00 132.90 0.10 44.39
Apr 44.49 20.90 112.00 108.00 132.90 0.10 44.39
European Union
Mar 1.60 2.79 14.00 15.00 16.52 0.30 1.57
Apr 1.57 2.85 14.00 15.00 16.57 0.30 1.55
Southeast Asia 5/
Mar 1.18 0.42 10.94 5.80 11.24 0.02 1.27
Apr 1.18 0.42 10.94 5.80 11.24 0.02 1.28
Mexico
Mar 0.59 0.28 6.70 6.80 6.89 0.01 0.68
Apr 0.59 0.31 6.70 6.85 6.95 0.01 0.64
================================================================================
WASDE - 670 - 29 April 2026
World Soybean Meal Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Stocks tion Imports Domestic Exports Stocks
Region Beginning Produc- Total Exports Ending
================================================================================
2023/24
World 2/ 14.19 260.04 69.61 255.07 74.14 14.62
World Less China 13.25 181.63 69.57 177.92 72.71 13.83
United States 0.34 49.08 0.62 35.07 14.56 0.41
Total Foreign 13.85 210.96 68.98 220.00 59.58 14.21
Major Exporters 3/ 6.31 79.43 0.05 30.58 49.58 5.64
Argentina 2.30 28.54 0.00 3.50 24.89 2.44
Brazil 3.82 41.86 0.02 20.00 22.72 2.97
India 0.20 9.04 0.03 7.08 1.97 0.22
Major Importers 4/ 1.68 21.78 38.42 58.68 0.87 2.32
European Union 0.51 11.46 16.56 27.04 0.65 0.84
Mexico 0.15 5.16 1.94 7.08 0.00 0.16
Southeast Asia 5/ 0.98 3.39 18.10 21.04 0.22 1.21
China 0.94 78.41 0.03 77.15 1.43 0.79
2024/25 Est.
World 2/ 14.62 282.05 77.72 272.89 83.07 18.44
World Less China 13.83 200.08 77.67 192.04 82.05 17.49
United States 0.41 53.02 0.73 37.23 16.57 0.36
Total Foreign 14.21 229.03 76.98 235.66 66.50 18.08
Major Exporters 3/ 5.64 86.91 0.29 31.03 54.95 6.86
Argentina 2.44 33.72 0.28 3.53 29.78 3.14
Brazil 2.97 44.38 0.01 20.50 23.39 3.47
India 0.22 8.80 0.01 7.00 1.78 0.25
Major Importers 4/ 2.32 23.31 44.01 65.10 1.05 3.48
European Union 0.84 12.17 20.61 31.24 0.65 1.72
Mexico 0.16 5.26 2.35 7.45 0.00 0.31
Southeast Asia 5/ 1.21 3.99 19.44 22.91 0.40 1.33
China 0.79 81.97 0.05 80.85 1.02 0.94
2025/26 Proj.
World 2/
Mar 18.59 289.07 80.40 284.74 83.99 19.33
Apr 18.44 290.14 80.46 285.65 84.06 19.32
World Less China
Mar 17.64 203.54 80.30 200.59 82.79 18.10
Apr 17.49 204.61 80.36 201.50 82.86 18.09
United States
Mar 0.36 55.41 0.73 38.49 17.60 0.41
Apr 0.36 56.13 0.73 39.21 17.60 0.41
Total Foreign
Mar 18.22 233.66 79.68 246.25 66.39 18.92
Apr 18.08 234.01 79.73 246.44 66.46 18.91
Major Exporters 3/
Mar 6.95 86.49 0.43 31.78 55.35 6.74
Apr 6.86 86.88 0.33 31.88 55.35 6.85
Argentina
Mar 3.14 31.98 0.17 3.60 29.00 2.69
Apr 3.14 31.98 0.17 3.60 29.00 2.69
Brazil
Mar 3.55 47.09 0.01 21.30 25.50 3.86
Apr 3.47 47.48 0.01 21.50 25.50 3.96
India
Mar 0.25 7.42 0.25 6.88 0.85 0.20
Apr 0.25 7.42 0.15 6.78 0.85 0.20
Major Importers 4/
Mar 3.51 23.51 44.05 66.72 0.88 3.46
Apr 3.48 23.55 44.05 66.77 0.88 3.42
European Union
Mar 1.76 11.85 19.45 30.94 0.60 1.52
Apr 1.72 11.85 19.45 30.94 0.60 1.48
Mexico
Mar 0.31 5.37 2.55 7.90 0.00 0.33
Apr 0.31 5.41 2.55 7.94 0.00 0.33
Southeast Asia 5/
Mar 1.33 4.52 20.35 24.42 0.28 1.50
Apr 1.33 4.52 20.35 24.42 0.28 1.50
China
Mar 0.94 85.54 0.10 84.15 1.20 1.23
Apr 0.94 85.54 0.10 84.15 1.20 1.23
================================================================================
WASDE - 670 - 30 April 2026
World Soybean Oil Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Stocks tion Imports Domestic Exports Stocks
Region Beginning Produc- Total Exports Ending
================================================================================
2023/24
World 2/ 5.90 64.01 10.62 62.98 11.81 5.74
World Less China 4.89 45.20 10.24 44.08 11.70 4.54
United States 0.73 12.29 0.28 12.32 0.28 0.70
Total Foreign 5.17 51.72 10.34 50.67 11.53 5.04
Major Exporters 3/ 2.00 21.63 0.68 14.68 8.04 1.59
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 0.60 2.76 0.59 2.63 0.66 0.66
Major Importers 4/ 1.93 22.16 5.49 27.08 0.26 2.23
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 0.96 1.15 2.00 0.14 0.27
2024/25 Est.
World 2/ 5.74 70.09 14.18 68.35 15.21 6.45
World Less China 4.54 49.99 13.88 47.85 14.89 5.67
United States 0.70 13.25 0.16 12.20 1.13 0.79
Total Foreign 5.04 56.84 14.01 56.15 14.08 5.66
Major Exporters 3/ 1.59 24.10 0.95 15.47 9.92 1.25
Argentina 0.67 8.63 0.11 1.98 7.10 0.32
Brazil 0.18 11.84 0.09 10.41 1.49 0.21
European Union 0.66 2.93 0.76 3.01 0.71 0.63
Major Importers 4/ 2.23 23.63 8.00 30.61 0.51 2.73
China 1.20 20.10 0.30 20.50 0.32 0.78
India 0.75 1.98 5.47 6.65 0.03 1.53
North Africa 5/ 0.27 1.21 1.29 2.27 0.17 0.33
2025/26 Proj.
World 2/
Mar 6.41 71.40 12.78 70.49 13.90 6.20
Apr 6.45 71.71 12.77 70.77 13.90 6.26
World Less China
Mar 5.63 50.43 12.48 49.99 13.40 5.15
Apr 5.67 50.74 12.47 50.27 13.40 5.21
United States
Mar 0.79 13.57 0.17 13.18 0.54 0.81
Apr 0.79 13.76 0.14 13.31 0.54 0.84
Total Foreign
Mar 5.62 57.83 12.62 57.32 13.35 5.40
Apr 5.66 57.95 12.63 57.46 13.36 5.42
Major Exporters 3/
Mar 1.24 24.15 0.80 15.72 9.10 1.37
Apr 1.25 24.25 0.82 15.82 9.10 1.41
Argentina
Mar 0.32 8.18 0.05 1.98 6.15 0.42
Apr 0.32 8.18 0.07 1.98 6.15 0.44
Brazil
Mar 0.19 12.44 0.10 10.95 1.50 0.28
Apr 0.21 12.54 0.10 11.05 1.50 0.30
European Union
Mar 0.63 2.85 0.65 2.71 0.85 0.58
Apr 0.63 2.85 0.65 2.71 0.85 0.57
Major Importers 4/
Mar 2.71 24.32 6.62 30.64 0.70 2.31
Apr 2.73 24.33 6.62 30.66 0.70 2.33
China
Mar 0.78 20.97 0.30 20.50 0.50 1.05
Apr 0.78 20.97 0.30 20.50 0.50 1.05
India
Mar 1.53 1.67 4.25 6.57 0.02 0.86
Apr 1.53 1.67 4.25 6.57 0.02 0.86
North Africa 5/
Mar 0.34 1.29 1.37 2.50 0.18 0.33
Apr 0.33 1.28 1.37 2.44 0.18 0.36
================================================================================
WASDE - 670 - 31 April 2026
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
2024
Annual 26984 27789 54947 46995 5121 52679 107626 9076 225.9
2025
I 6543 6956 13540 11571 1146 12835 26376 2148 56.9
II 6453 6706 13201 11885 1181 13192 26393 2153 58.8
III 6359 6614 13010 12432 1275 13850 26860 2217 58.2
IV 6646 7301 13986 12118 1242 13482 27468 2248 57.8
Mar Est. 26001 27577 53737 48006 4844 53359 107097 8765 231.7
Apr Est. 26001 27577 53737 48006 4844 53359 107097 8765 231.7
2026
I 6150 7055 13245 11900 1190 13220 26465 2240 58.5
II* 6450 6800 13288 12200 1215 13555 26843 2285 59.8
III* 6520 6750 13309 12500 1260 13900 27209 2325 58.7
IV* 6670 7370 14079 12300 1290 13725 27804 2350 58.2
MarProj. 25810 28275 54241 48700 4930 54175 108416 9155 234.7
AprProj. 25790 27975 53921 48900 4955 54400 108321 9200 235.3
================================================================================
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
2024
Annual 187.12 63.41 129.4 93.7 303.1 22.55
2025
I 205.02 63.59 130.8 94.8 675.3 23.23
II 225.22 69.69 135.9 119.3 344.4 21.20
III 239.62 77.05 121.9 156.8 283.0 20.70
IV 227.62 64.87 110.5 172.2 192.0 19.57
Mar Est. 224.37 68.80 124.8 135.8 373.7 21.17
Apr Est. 224.37 68.80 124.8 135.8 373.7 21.17
2026
I 238.65 64.50 119.5 170.0 125.2 18.30
II* 241.00 72.00 125.0 155.0 80.0 21.50
III* 242.00 75.00 125.0 150.0 85.0 21.10
IV* 245.00 65.00 125.0 150.0 120.0 21.10
MarProj. 242.0 70.0 124.0 156.0 118.0 19.70
AprProj. 242.0 69.0 124.0 156.0 103.0 20.50
================================================================================
WASDE - 670 - 32 April 2026
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
2024 638 27051 4635 32324 3007 602 28714 59.1
2025 Est.
Mar 602 26067 5471 32140 2577 577 28986 59.3
Apr 602 26067 5471 32140 2577 577 28986 59.3
2026 Proj.
Mar 577 25877 5675 32128 2395 560 29173 59.6
Apr 577 25857 5790 32223 2365 550 29308 59.8
Pork
2024 471 27804 1148 29422 7125 435 21862 49.9
2025 Est.
Mar 435 27592 1116 29143 6970 430 21743 49.3
Apr 435 27592 1116 29143 6970 430 21743 49.3
2026 Proj.
Mar 430 28289 1145 29864 7185 430 22249 50.3
Apr 430 27989 1150 29569 7200 430 21939 49.6
TotalRed
Meat5/
2024 1130 55038 6148 62316 10137 1058 51121 110.4
2025 Est.
Mar 1058 53828 6959 61845 9554 1024 51268 110.1
Apr 1058 53828 6959 61845 9554 1024 51268 110.1
2026 Proj.
Mar 1024 54332 7210 62566 9586 1008 51972 111.3
Apr 1024 54012 7327 62363 9572 997 51794 110.9
Broiler
2024 835 46492 150 47477 6680 761 40035 101.1
2025 Est.
Mar 761 47493 152 48406 6672 786 40948 102.9
Apr 761 47493 152 48406 6672 786 40948 102.9
2026 Proj.
Mar 786 48179 132 49097 6670 785 41642 104.3
Apr 786 48377 131 49294 6595 785 41914 105.0
Turkey
2024 243 5121 37 5401 486 219 4697 13.8
2025 Est.
Mar 219 4844 38 5101 425 175 4501 13.2
Apr 219 4844 38 5101 425 175 4501 13.2
2026 Proj.
Mar 175 4930 40 5145 400 190 4555 13.3
Apr 175 4955 40 5170 430 185 4555 13.3
Total
Poultry6/
2024 1085 52175 190 53451 7187 985 45279 116.5
2025 Est.
Mar 985 52845 193 54023 7143 973 45907 117.4
Apr 985 52845 193 54023 7143 973 45907 117.4
2026 Proj.
Mar 973 53653 174 54800 7118 984 46698 119.1
Apr 973 53876 173 55022 7077 979 46966 119.7
RedMeat& Poultry
2024 2215 107214 6338 115767 17324 2043 96400 226.9
2025 Est.
Mar 2043 106673 7152 115868 16697 1997 97175 227.4
Apr 2043 106673 7152 115868 16697 1997 97175 227.4
2026 Proj.
Mar 1997 107985 7384 117366 16704 1992 98670 230.4
Apr 1997 107888 7500 117385 16649 1976 98760 230.6
================================================================================
WASDE - 670 - 33 April 2026
U.S. Egg Supply and Use
================================================================================
2023 2024 2025 Est. 2025 Est. 2026Proj. 2026Proj.
Commodity Mar Apr Mar Apr
================================================================================
Million Dozen
Eggs
Supply
BeginningStocks 18.8 23.1 14.2 14.2 17.1 17.1
Production 9151.2 9076.2 8765.0 8765.0 9155.0 9200.0
Imports 27.5 30.1 121.0 121.0 40.0 21.0
Total Supply 9197.4 9129.4 8900.2 8900.2 9212.1 9238.1
Use
Exports 250.5 236.7 203.3 203.3 260.0 240.0
Hatching Use 1120.4 1148.2 1163.8 1163.8 1170.0 1165.0
Ending Stocks 23.1 14.2 17.1 17.1 21.0 21.0
Disappearance
Total 7803.5 7730.3 7516.0 7516.0 7761.1 7812.1
Per Capita (number) 277.8 272.8 263.8 263.8 271.6 273.4
================================================================================
U.S. Milk Supply and Use
================================================================================
2023 2024 2025 Est. 2025 Est. 2026Proj. 2026Proj.
Commodity Mar Apr Mar Apr
================================================================================
Billion Pounds
Milk
Production 226.3 225.9 231.7 231.7 234.7 235.3
Farm Use 1.0 1.0 1.0 1.0 1.0 1.0
FatBasisSupply
BeginningStocks 14.4 13.8 13.1 13.1 12.6 12.6
Marketings 225.3 224.9 230.7 230.7 233.7 234.3
Imports 7.4 9.1 7.4 7.4 8.2 7.7
Total Supply 247.1 247.8 251.1 251.1 254.5 254.6
FatBasisUse
Exports 10.5 11.8 16.7 16.7 18.0 19.5
Ending Stocks 13.8 13.1 12.6 12.6 13.1 12.9
Domestic Use 222.8 222.9 221.7 221.7 223.4 222.2
Skim-solidBasisSupply
BeginningStocks 11.7 9.8 9.4 9.4 9.2 9.2
Marketings 225.3 224.9 230.7 230.7 233.7 234.3
Imports 6.3 6.8 6.9 6.9 7.0 6.8
Total Supply 243.3 241.5 247.0 247.0 249.8 250.3
Skim-solidBasisUse
Exports 49.9 48.9 48.2 48.2 48.3 49.0
Ending Stocks 9.8 9.4 9.2 9.2 9.0 9.2
Domestic Use 183.6 183.3 189.6 189.6 192.6 192.1
================================================================================
WASDE - 670 - 34 April 2026
U.S. Dairy Prices
================================================================================
Commod- 2023 2024 2025 Est. 2025 Est. 2026 Proj. 2026 Proj.
ity Mar Apr Mar Apr
================================================================================
Dollars Per Pound
Product Prices 1/
Cheese 1.7593 1.8634 1.7878 1.7878 1.615 1.645
Butter 2.6170 2.8870 2.2202 2.2202 1.870 1.815
Nonfat Dry
Milk 1.1856 1.2420 1.2348 1.2348 1.390 1.575
Dry Whey 0.3618 0.4913 0.5956 0.5956 0.660 0.660
Milk Prices 2/ Dollars Per Cwt
ClassIII 17.02 18.89 18.01 18.01 16.65 16.90
Class IV 19.12 20.75 17.38 17.38 17.15 18.60
All Milk
3/ 20.34 22.55 21.17 21.17 19.70 20.50
================================================================================
WASDE - 670 - 35 April 2026
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 30 14
U.S. 0.2 0.3 0.1 0.0 0.3 20 12
Foreign 0.5 0.9 2.0 0.2 6.8 30 14
Exports
World 3.8 6.4 4.3 0.4 14.3 35 9
U.S. 2.4 4.1 0.6 0.0 2.1 19 24
Foreign 4.9 8.2 4.3 0.1 13.3 35 9
Domestic Use
World 0.7 1.2 3.4 0.1 9.4 20 24
U.S. 3.0 5.1 0.7 0.0 2.2 16 28
Foreign 0.7 1.2 3.2 0.0 9.6 20 23
Ending Stocks
World 3.1 5.2 4.1 0.0 14.5 31 12
U.S. 7.8 13.1 0.9 0.0 4.1 27 17
Foreign 3.4 5.7 3.6 0.0 12.6 32 11
COARSE GRAINS 2/
Production
World 1.0 1.7 9.1 0.3 42.1 35 9
U.S. 0.2 0.3 0.2 0.0 1.8 18 12
Foreign 1.5 2.4 9.1 0.3 42.1 35 9
Exports
World 4.5 7.5 4.8 0.1 21.8 31 13
U.S. 6.7 11.3 2.9 0.0 7.2 25 19
Foreign 7.1 12.0 4.9 0.3 21.2 32 12
Domestic Use
World 0.9 1.4 6.6 0.0 20.3 21 23
U.S. 2.2 3.8 3.3 0.1 16.8 17 27
Foreign 1.0 1.7 6.5 0.2 22.7 26 18
Ending Stocks
World 9.2 15.5 11.7 0.2 144.9 37 7
U.S. 11.0 18.4 3.6 0.0 12.1 21 23
Foreign 11.6 19.5 10.4 0.5 144.9 38 6
RICE, milled
Production
World 1.2 2.1 3.4 0.0 13.3 36 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 36 8
Exports
World 7.6 12.8 1.5 0.1 4.5 34 10
U.S. 6.2 10.5 0.1 0.0 0.5 20 21
Foreign 8.4 14.2 1.5 0.0 4.4 34 10
Domestic Use
World 1.0 1.7 3.0 0.0 13.7 31 12
U.S. 6.7 11.4 0.2 0.0 0.5 16 27
Foreign 1.0 1.8 2.9 0.1 13.4 32 12
Ending Stocks
World 7.8 13.1 4.5 0.1 26.1 31 13
U.S. 18.0 30.4 0.2 0.0 0.4 26 18
Foreign 8.1 13.6 4.5 0.1 26.1 30 14
================================================================================
WASDE - 670 - 36 April 2026
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 2.6 0.2 7.9 26 18
U.S. 1.3 2.2 0.7 0.0 3.2 19 18
Foreign 2.6 4.4 2.4 0.0 8.1 28 16
Exports
World 4.9 8.2 2.8 0.1 13.2 28 16
U.S. 5.3 9.0 1.4 0.0 6.3 29 15
Foreign 10.9 18.4 2.6 0.2 15.9 25 19
Domestic Use
World 1.7 2.9 2.7 0.0 10.3 24 20
U.S. 2.2 3.6 0.8 0.1 2.4 27 17
Foreign 2.1 3.5 2.3 0.0 10.4 22 22
Ending Stocks
World 10.9 18.3 3.4 0.0 13.2 26 18
U.S. 33.8 57.0 1.7 0.1 6.8 18 26
Foreign 11.9 20.1 3.1 0.0 12.8 28 16
COTTON
Production
World 1.6 2.7 1.2 0.0 5.2 31 12
U.S. 0.4 0.6 0.0 0.0 0.2 17 18
Foreign 1.9 3.2 1.2 0.0 5.1 30 13
Exports
World 4.2 7.1 1.1 0.1 4.2 28 16
U.S. 4.7 8.0 0.4 0.0 1.4 20 21
Foreign 5.5 9.2 1.0 0.1 3.9 26 18
Domestic Use
World 2.2 3.7 1.7 0.0 8.5 26 18
U.S. 6.1 10.3 0.2 0.0 0.8 20 18
Foreign 2.2 3.7 1.6 0.2 7.8 26 18
Ending Stocks
World 7.1 11.9 3.2 0.0 9.0 27 17
U.S. 14.4 24.2 0.5 0.0 1.6 19 25
Foreign 7.6 12.7 3.1 0.1 9.1 25 19
================================================================================
WASDE - 670 - 37 April 2026
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 7 0 72 2 7
Exports 6.9 11.6 106 13 280 22 22
Domestic Use 2.1 3.6 116 5 474 18 26
Ending Stocks 12.5 21.0 143 3 470 21 23
SORGHUM
Production 0.1 0.2 0 0 4 0 2
Exports 11.5 19.4 19 0 72 28 15
Domestic Use 9.9 16.6 21 0 158 17 25
Ending Stocks 37.3 62.7 20 0 148 19 24
BARLEY
Production 0.9 1.6 1 0 11 22 4
Exports 16.3 27.4 3 0 13 13 25
Domestic Use 5.4 9.0 10 0 64 20 21
Ending Stocks 12.2 20.5 11 0 52 27 16
OATS
Production 0.4 0.6 0 0 2 5 4
Exports 32.2 54.3 0 0 3 7 7
Domestic Use 3.8 6.5 8 0 26 13 28
Ending Stocks 14.0 23.5 9 1 30 29 15
Thousand Short Tons
SOYBEAN MEAL
Production 2.6 4.3 794 4 2667 32 12
Exports 7.7 13.0 560 25 2326 34 10
Domestic Use 2.1 3.6 504 100 2066 29 15
Ending Stocks 33.1 55.7 66 0 253 17 24
Million Pounds
SOYBEAN OIL
Production 2.5 4.2 377 15 1058 33 11
Exports 18.1 30.4 229 0 777 29 14
Domestic Use 1.9 3.2 249 0 576 25 18
Ending Stocks 17.0 28.6 237 5 753 28 16
ANIMAL PROD. 3/ Million Pounds
Beef 2.3 3.9 480 19 1388 28 16
Pork 2.1 3.5 307 10 983 24 20
Broilers 1.3 2.2 311 6 1006 29 15
Turkeys 2.6 4.5 107 3 398 19 25
Million Dozen
Eggs 1.6 2.7 94 4 433 28 16
Billion Pounds
Milk 1.1 1.9 1.4 0.0 5.2 21 22
================================================================================