Wednesday, December 18

USDA Supply/Demand : World Wheat

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Market Screener

World Wheat Supply and Use 1/ 
                                       (Million metric tons) 
============================================================================== 
                      beginning                   domestic              ending 
                       stocks   prod  imports   feed   total 2/ export  stocks 
============================================================================== 
                                    2020/21 (Projected) 
World 3/ 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   295.12  768.49  182.84  137.47  753.49  187.98  310.12 
World Less China 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   144.77  633.49  176.84  117.47  623.49  186.98  149.76 
United States 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   26.61   50.78    3.81    2.72   30.62   25.86   24.74 
Total foreign 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   268.51  717.71  179.03  134.75  722.88  162.12  285.38 
Major exporters 4/ 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   33.56  327.00    6.73   79.15  193.15  136.50   37.64 
Argentina         Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    1.45   21.00    0.01    0.05    6.20   14.50    1.75 
Australia         Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    3.71   24.00    0.20    4.00    7.55   15.00    5.36 
Canada            Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    5.54   34.00    0.45    4.60    9.80   24.50    5.69 
EU-27 5/          Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   13.35  143.00    5.50   50.50  120.30   28.50   13.05 
Russia            Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    8.28   77.00    0.50   17.50   40.50   35.00   10.28 
Ukraine           Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    1.23   28.00    0.08    2.50    8.80   19.00    1.51 
Major importers 6/ 
                  Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   194.05  204.28  119.84   36.76  302.38   12.91  202.88 
Bangladesh        Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    1.76    1.25    6.60    0.30    7.50    0.00    2.11 
Brazil            Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    0.91    5.50    7.10    0.50   12.10    0.60    0.81 
China             Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   150.36  135.00    6.00   20.00  130.00    1.00  160.36 
Japan             Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    1.22    0.87    5.60    0.60    6.25    0.28    1.16 
N Africa 7/       Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   13.75   17.43   29.70    1.95   47.15    0.99   12.74 
Nigeria           Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    0.20    0.06    5.10    0.05    4.76    0.40    0.20 
Sel. Mideast 8/   Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   11.96   22.35   16.99    3.42   38.78    0.67   11.85 
SE Asia 9/        Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    5.38    0.00   26.35    7.04   24.89    1.07    5.77 
Selected other 
India             Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May   24.00  103.00    0.03    6.00   99.00    1.00   27.03 
Kazakhstan        Apr    (NA)    (NA)    (NA)    (NA)    (NA)    (NA)    (NA) 
                  May    1.14   13.50    0.10    1.50    6.30    7.10    1.34 
============================================================================== 
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. 
 
Write to Rodney Christian at csstat@dowjones.com 
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