USDA U.S. Department of Agriculture - September 12, 2025
WASDE - 664 - 8 September 2025
World and U.S. Supply and Use for Grains 1/
Million Metric Tons
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use 3/ Stocks
================================================================================
World
Total Grains 4/
2023/24 2824.36 3617.00 515.24 2819.56 797.44
2024/25 (Est.) 2852.11 3649.55 504.21 2885.31 764.24
2025/26 (Proj.)
Aug 2920.35 3682.02 518.43 2925.54 756.48
Sep 2930.20 3694.43 521.58 2933.14 761.30
Wheat
2023/24 792.34 1066.99 222.24 796.29 270.70
2024/25 (Est.) 800.86 1071.56 209.57 809.14 262.42
2025/26 (Proj.)
Aug 806.90 1069.60 213.53 809.53 260.08
Sep 816.20 1078.62 214.72 814.56 264.06
Coarse Grains 5/
2023/24 1508.29 1845.78 236.16 1498.44 347.33
2024/25 (Est.) 1510.32 1857.66 233.52 1544.22 313.44
2025/26 (Proj.)
Aug 1571.99 1883.74 242.78 1574.04 309.70
Sep 1572.93 1886.36 244.72 1576.40 309.97
Rice, milled
2023/24 523.73 704.23 56.84 524.83 179.40
2024/25 (Est.) 540.93 720.33 61.12 531.95 188.38
2025/26 (Proj.)
Aug 541.46 728.67 62.11 541.97 186.70
Sep 541.07 729.45 62.15 542.18 187.27
United States
Total Grains 4/
2023/24 458.90 520.30 85.72 366.49 68.09
2024/25 (Est.) 451.56 527.42 99.88 365.75 61.80
2025/26 (Proj.)
Aug 498.63 566.96 105.78 379.22 81.96
Sep 500.76 569.74 108.97 379.45 81.32
Wheat
2023/24 49.10 68.35 19.21 30.18 18.95
2024/25 (Est.) 53.65 76.66 22.48 31.03 23.15
2025/26 (Proj.)
Aug 52.45 78.86 23.81 31.41 23.64
Sep 52.45 78.86 24.49 31.41 22.96
Coarse Grains 5/
2023/24 402.88 442.66 63.37 331.42 47.87
2024/25 (Est.) 390.86 440.88 74.52 329.42 36.94
2025/26 (Proj.)
Aug 439.56 478.30 78.89 342.52 56.90
Sep 441.68 480.93 81.49 342.77 56.67
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.)
Aug 6.62 9.80 3.08 5.30 1.42
Sep 6.63 9.95 2.99 5.27 1.69
================================================================================
WASDE - 664 - 9 September 2025
World and U.S. Supply and Use for Grains, Continued 1/
Million Metric Tons
================================================================================
Total Total Ending
Commodity Output Supply Trade 2/ Use Stocks
================================================================================
Foreign 3/
Total Grains 4/
2023/24 2365.46 3096.70 429.51 2453.08 729.35
2024/25 (Est.) 2400.55 3122.13 404.34 2519.56 702.44
2025/26 (Proj.)
Aug 2421.72 3115.06 412.65 2546.32 674.52
Sep 2429.44 3124.70 412.61 2553.69 679.98
Wheat
2023/24 743.25 998.64 203.03 766.11 251.75
2024/25 (Est.) 747.21 994.90 187.10 778.11 239.27
2025/26 (Proj.)
Aug 754.45 990.75 189.72 778.12 236.44
Sep 763.75 999.76 190.23 783.15 241.10
Coarse Grains 5/
2023/24 1105.41 1403.11 172.80 1167.02 299.46
2024/25 (Est.) 1119.47 1416.78 159.00 1214.80 276.50
2025/26 (Proj.)
Aug 1132.43 1405.44 163.90 1231.53 252.80
Sep 1131.25 1405.43 163.23 1233.63 253.30
Rice, milled
2023/24 516.81 694.94 53.69 519.95 178.13
2024/25 (Est.) 533.88 710.45 58.25 526.65 186.67
2025/26 (Proj.)
Aug 534.84 718.87 59.03 536.67 185.28
Sep 534.44 719.50 59.16 536.91 185.58
================================================================================
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
2023/24 112.56 188.39 44.36 114.95 73.34
2024/25 (Est.) 119.22 192.56 42.71 119.15 74.06
2025/26 (Proj.)
Aug 116.62 191.67 43.59 117.99 73.91
Sep 117.68 191.74 43.70 118.83 73.14
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.)
Aug 13.21 17.22 12.00 1.70 3.60
Sep 13.22 17.23 12.00 1.70 3.60
Foreign 4/
2023/24 100.50 171.68 32.61 113.10 70.19
2024/25 (Est.) 104.80 174.99 30.81 117.45 70.06
2025/26 (Proj.)
Aug 103.41 174.45 31.59 116.29 70.31
Sep 104.46 174.51 31.70 117.13 69.54
================================================================================
WASDE - 664 - 10 September 2025
World and U.S. Supply and Use for Oilseeds 1/
(Million Metric Tons)
================================================================================
Total Total Ending
Commodity Output Supply Trade Use 2/ Stocks
================================================================================
World
Oilseeds
2023/24 657.45 780.49 205.36 543.46 136.40
2024/25 (Est.) 682.07 818.47 212.41 562.97 143.08
2025/26 (Proj.)
Aug 690.11 834.22 214.17 580.49 144.37
Sep 691.55 834.63 213.79 579.95 145.01
Oilmeals
2023/24 371.43 389.59 105.72 366.17 19.42
2024/25 (Est.) 388.74 408.15 112.33 380.51 22.34
2025/26 (Proj.)
Aug 400.58 422.49 113.41 395.50 22.68
Sep 399.98 422.32 114.23 395.32 22.69
Vegetable Oils
2023/24 222.18 254.55 86.09 217.89 30.74
2024/25 (Est.) 228.89 259.63 86.58 222.50 30.14
2025/26 (Proj.)
Aug 234.64 264.74 87.00 229.51 29.56
Sep 234.69 264.83 86.72 229.28 29.85
United States
Oilseeds
2023/24 122.16 132.12 47.49 66.22 10.81
2024/25 (Est.) 128.35 140.40 52.09 69.97 10.40
2025/26 (Proj.)
Aug 126.47 138.15 47.44 73.24 9.53
Sep 126.77 138.39 46.89 73.65 9.77
Oilmeals
2023/24 51.43 56.13 14.75 40.90 0.49
2024/25 (Est.) 54.84 60.06 16.62 42.94 0.50
2025/26 (Proj.)
Aug 56.68 61.50 17.17 43.81 0.52
Sep 57.02 62.06 17.62 43.92 0.52
Vegetable Oils
2023/24 13.59 21.59 0.42 20.13 1.04
2024/25 (Est.) 14.36 21.22 1.28 18.87 1.07
2025/26 (Proj.)
Aug 14.93 22.39 0.47 20.76 1.16
Sep 15.01 22.46 0.47 20.81 1.18
Foreign 3/
Oilseeds
2023/24 535.28 648.37 157.88 477.23 125.59
2024/25 (Est.) 553.72 678.07 160.32 493.00 132.68
2025/26 (Proj.)
Aug 563.64 696.07 166.73 507.25 134.84
Sep 564.78 696.24 166.90 506.30 135.24
Oilmeals
2023/24 320.00 333.46 90.98 325.27 18.93
2024/25 (Est.) 333.90 348.10 95.70 337.57 21.85
2025/26 (Proj.)
Aug 343.91 360.99 96.24 351.68 22.16
Sep 342.96 360.26 96.61 351.40 22.17
Vegetable Oils
2023/24 208.59 232.95 85.67 197.76 29.71
2024/25 (Est.) 214.53 238.41 85.30 203.63 29.07
2025/26 (Proj.)
Aug 219.71 242.35 86.53 208.75 28.40
Sep 219.68 242.37 86.25 208.47 28.66
================================================================================
WASDE - 664 - 11 September 2025
U.S. Wheat Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Acres
Area Planted 49.6 46.1 45.4 45.4
Area Harvested 37.1 38.5 36.6 36.6
Bushels
Yield per Harvested Acre 48.7 51.2 52.7 52.7
Million Bushels
Beginning Stocks 570 696 851 851
Production 1804 1971 1927 1927
Imports 138 149 120 120
Supply, Total 2511 2817 2898 2898
Food 961 969 972 972
Seed 62 62 62 62
Feed and Residual 86 109 120 120
Domestic, Total 1109 1140 1154 1154
Exports 706 826 875 900
Use, Total 1815 1966 2029 2054
Ending Stocks 696 851 869 844
Avg.FarmPrice ($/bu) 2/ 6.96 5.52 5.30 5.10
================================================================================
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 770 503 342 276 80 1971
Imports 6 79 5 7 51 149
Supply, Total 3/ 1051 772 474 367 152 2817
Food 387 258 153 84 88 969
Seed 26 15 12 6 3 62
Feed and Residual 23 31 65 -25 14 109
Domestic Use 436 304 230 65 105 1140
Exports 218 250 117 222 19 826
Use, Total 654 554 347 287 124 1966
Ending Stocks, Total 398 218 127 80 28 851
2025/26 (Proj.)
Beginning Stocks 398 218 127 80 28 851
Production 769 449 339 282 87 1927
Imports 5 65 5 5 40 120
Supply, Total 3/ 1172 732 471 367 155 2898
Food 390 260 152 85 85 972
Seed 26 16 12 6 3 62
Feed and Residual 40 10 65 0 5 120
Domestic Use 456 286 229 91 93 1154
Exports 325 240 120 190 25 900
Use, Total 781 526 349 281 118 2054
Ending Stocks, Total
Sep 391 207 122 86 38 844
Aug 416 207 122 86 38 869
================================================================================
WASDE - 664 - 12 September 2025
U.S. Feed Grain and Corn Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Acres
FEED GRAINS
Area Planted 107.5 101.5 108.5 110.0
Area Harvested 96.0 91.3 97.0 98.4
Metric Tons
Yield per Harvested Acre 4.19 4.28 4.53 4.48
Million Metric Tons
Beginning Stocks 37.1 47.9 36.4 36.9
Production 402.6 390.5 439.2 441.3
Imports 2.3 1.9 2.1 2.1
Supply, Total 442.0 440.3 477.7 480.4
Feed and Residual 151.6 149.8 159.2 159.2
Food, Seed & Industrial 179.2 179.1 182.8 183.0
Domestic, Total 330.8 328.8 342.0 342.2
Exports 63.4 74.5 78.9 81.5
Use, Total 394.2 403.4 420.8 423.7
Ending Stocks 47.9 36.9 56.9 56.6
Million Acres
CORN
Area Planted 94.6 90.6 97.3 98.7
Area Harvested 86.5 82.9 88.7 90.0
Bushels
Yield per Harvested Acre 177.3 179.3 188.8 186.7
Million Bushels
Beginning Stocks 1360 1763 1305 1325
Production 15341 14867 16742 16814
Imports 28 20 25 25
Supply, Total 16729 16650 18072 18165
Feed and Residual 5832 5675 6100 6100
Food,Seed& Industrial 2/ 6879 6820 6980 6980
Ethanol & by-products 3/ 5489 5435 5600 5600
Domestic, Total 12711 12495 13080 13080
Exports 2255 2830 2875 2975
Use, Total 14966 15325 15955 16055
Ending Stocks 1763 1325 2117 2110
Avg.FarmPrice ($/bu) 4/ 4.55 4.30 3.90 3.90
================================================================================
WASDE - 664 - 13 September 2025
U.S. Sorghum, Barley, and Oats Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Bushels
SORGHUM
AreaPlanted (mil. acres) 7.2 6.3 6.6 6.6
AreaHarvested(mil.acres) 6.1 5.6 5.7 5.7
Yield (bushels/acre) 52.0 61.3 69.0 70.4
Beginning Stocks 24 33 52 52
Production 318 344 391 402
Imports 0 0 0 0
Supply, Total 342 377 443 454
Feed and Residual 51 145 100 100
Food, Seed & Industrial 24 85 75 85
Total Domestic 75 230 175 185
Exports 234 95 225 225
Use, Total 309 325 400 410
Ending Stocks 33 52 43 44
Avg.FarmPrice ($/bu) 2/ 4.93 4.10 3.70 3.70
BARLEY
AreaPlanted (mil. acres) 3.1 2.4 2.3 2.3
AreaHarvested(mil.acres) 2.6 1.9 1.8 1.8
Yield (bushels/acre) 72.3 76.7 77.9 77.9
Beginning Stocks 66 78 70 70
Production 186 144 141 141
Imports 13 9 9 9
Supply, Total 265 231 220 220
Feed and Residual 57 38 35 35
Food, Seed & Industrial 125 115 110 110
Total Domestic 182 153 145 145
Exports 5 9 5 8
Use, Total 187 162 150 153
Ending Stocks 78 70 70 67
Avg.FarmPrice ($/bu) 2/ 7.39 6.31 5.30 5.30
OATS
AreaPlanted (mil. acres) 2.6 2.2 2.3 2.3
AreaHarvested(mil.acres) 0.8 0.9 0.8 0.8
Yield (bushels/acre) 68.6 76.5 76.2 76.2
Beginning Stocks 35 36 30 30
Production 57 68 64 64
Imports 74 71 74 74
Supply, Total 166 175 168 168
Feed and Residual 47 62 50 50
Food, Seed & Industrial 80 81 82 82
Total Domestic 127 143 132 132
Exports 2 2 2 2
Use, Total 129 146 134 134
Ending Stocks 36 30 34 34
Avg.FarmPrice ($/bu) 2/ 3.92 3.35 3.10 3.10
================================================================================
WASDE - 664 - 14 September 2025
U.S. Rice Supply and Use 1/
(Rough Equivalent of Rough and Milled Rice)
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Acres
TOTAL RICE
Area Planted 2.90 2.91 2.79 2.82
Area Harvested 2.85 2.87 2.73 2.76
Pounds
Yield per Harvested Acre 7641 7748 7636 7559
Million Hundredweight
Beginning Stocks 2/ 30.3 39.8 50.5 53.9
Production 218.0 222.1 208.5 208.8
Imports 44.4 49.3 49.7 50.7
Supply, Total 292.6 311.3 308.6 313.4
Domestic & Residual 3/ 153.7 166.9 167.0 166.0
Exports, Total 4/ 99.0 90.5 97.0 94.0
Rough 42.5 28.9 32.0 30.0
Milled (rough equiv.) 56.5 61.7 65.0 64.0
Use, Total 252.8 257.4 264.0 260.0
Ending Stocks 39.8 53.9 44.6 53.4
Avg.MillingYield (%) 5/ 70.00 70.00 70.00 70.00
Avg.FarmPrice($/cwt) 6/ 17.30 15.20 14.20 13.20
LONG GRAIN RICE
Harvested Acres (mil.) 2.05 2.26
Yield (pounds/acre) 7523 7625
Beginning Stocks 21.2 19.3 39.8 37.3
Imports 37.2 42.7 43.0 44.0
Production 153.8 172.0 154.5 153.7
Supply, Total 7/ 212.2 234.1 237.3 235.1
Domestic & Residual 3/ 117.8 135.9 135.0 134.0
Exports 8/ 75.1 60.8 67.0 64.0
Use, Total 192.9 196.7 202.0 198.0
Ending Stocks 19.3 37.3 35.3 37.1
Avg.FarmPrice($/cwt) 6/ 15.90 14.00 13.00 12.00
MEDIUM & SHORT GRAIN RICE
Harvested Acres (mil.) 0.81 0.61
Yield (pounds/acre) 7938 8200
Beginning Stocks 6.8 18.9 9.0 13.7
Imports 7.2 6.6 6.7 6.7
Production 64.1 50.1 54.0 55.0
Supply, Total 7/ 78.8 74.4 69.7 75.5
Domestic & Residual 3/ 35.9 31.0 32.0 32.0
Exports 8/ 23.9 29.7 30.0 30.0
Use, Total 59.9 60.7 62.0 62.0
Ending Stocks 18.9 13.7 7.7 13.5
Avg. Farm Price ($/cwt) 1/ 6/
9/ 21.60 19.60 18.60 17.60
California 10/ 22.30 20.00 21.00 20.00
Other States 1/ 17.20 15.20 13.50 12.50
================================================================================
WASDE - 664 - 15 September 2025
U.S. Soybeans and Products Supply and Use (Domestic Measure) 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Acres
SOYBEANS
Area Planted 83.6 87.1 80.9 81.1
Area Harvested 82.3 86.1 80.1 80.3
Bushels
Yield per Harvested Acre 50.6 50.7 53.6 53.5
Million Bushels
Beginning Stocks 264 342 330 330
Production 4162 4366 4292 4301
Imports 21 27 20 20
Supply, Total 4447 4736 4642 4651
Crushings 2285 2430 2540 2555
Exports 1700 1875 1705 1685
Seed 75 70 73 73
Residual 44 31 34 37
Use, Total 4105 4406 4352 4351
Ending Stocks 342 330 290 300
Avg.FarmPrice ($/bu) 2/ 12.40 10.00 10.10 10.00
Million Pounds
SOYBEAN OIL
Beginning Stocks 1607 1551 1501 1561
Production 4/ 27093 28985 29970 30150
Imports 621 375 450 375
Supply, Total 29321 30911 31921 32086
Domestic Disappearance 27153 26850 29500 29650
Biofuel 3/ 12995 12250 15500 15500
Food, Feed & other
Industrial 14158 14600 14000 14150
Exports 617 2500 700 700
Use, Total 27770 29350 30200 30350
Ending stocks 1551 1561 1721 1736
Avg. Price (c/lb) 2/ 47.28 47.50 53.00 53.00
Thousand Short Tons
SOYBEAN MEAL
Beginning Stocks 371 453 450 450
Production 4/ 54106 57912 59850 60225
Imports 687 760 650 675
Supply, Total 55164 59125 60950 61350
Domestic Disappearance 38657 40575 41775 41675
Exports 16054 18100 18700 19200
Use, Total 54711 58675 60475 60875
Ending Stocks 453 450 475 475
Avg. Price ($/s.t.) 2/ 384.11 298.00 280.00 280.00
================================================================================
WASDE - 664 - 16 September 2025
U.S. Sugar Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
1000 Short Tons, Raw Value
Beginning Stocks 1843 2131 2439 2436
Production 2/ 9313 9303 9428 9470
Beet Sugar 5172 5332 5266 5303
Cane Sugar 4141 3971 4162 4167
Florida 2079 1927 2008 2051
Louisiana 2022 2044 2154 2116
Texas 40 0 0 0
Imports 3840 3283 2457 2235
TRQ 3/ 1788 1516 1396 1393
Other Program 4/ 300 360 200 200
Non-program 1752 1406 861 642
Mexico 521 497 439 220
High-tier tariff/other 1231 910 422 422
Total Supply 14995 14716 14325 14141
Exports 249 125 100 100
Deliveries 12532 12155 12065 12065
Food 12425 12045 11960 11960
Other 5/ 106 110 105 105
Miscellaneous 83 0 0 0
Total Use 12864 12280 12165 12165
Ending Stocks 2131 2436 2160 1976
Stocks to Use Ratio 16.6 19.8 17.8 16.2
================================================================================
Mexico Sugar Supply and Use and High Fructose Corn Syrup Consumption 1/
================================================================================
Supply Use
Fiscal Beginning Produc- Imports Domestic Exports Ending
Year Stocks tion 2/ Stocks
================================================================================
1000 Metric Tons, Actual Weight
Sugar
2024/25 Est.
Aug 1418 4771 175 4459 840 1064
Sep 1418 4771 175 4459 879 1026
2025/26 Proj.
Aug 1064 5094 142 4569 650 1081
Sep 1026 5094 142 4569 612 1081
================================================================================
WASDE - 664 - 17 September 2025
U.S. Cotton Supply and Use 1/
================================================================================
2023/24 2024/25 Est. 2025/26 Proj. 2025/26 Proj.
Item Aug Sep
================================================================================
Million Acres
Planted 10.23 11.18 9.28 9.30
Harvested 6.44 7.81 7.36 7.37
Pounds
Yield per Harvested
Acre 899 886 862 861
Million 480 Pound Bales
Beginning Stocks 4.65 3.15 4.00 4.00
Production 12.07 14.41 13.21 13.22
Imports 0.00 0.00 0.01 0.01
Supply, Total 16.72 17.57 17.22 17.23
Domestic Use 1.85 1.70 1.70 1.70
Exports, Total 11.75 11.90 12.00 12.00
Use, Total 13.60 13.60 13.70 13.70
Unaccounted 2/ -0.03 -0.03 -0.08 -0.07
Ending Stocks 3.15 4.00 3.60 3.60
Avg. Farm Price 3/ 76.1 63.0 64.0 64.0
================================================================================
WASDE - 664 - 18 September 2025
World Wheat Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24
World 3/ 274.65 792.34 223.24 158.46 796.29 222.24 270.70
World Less China 135.83 655.75 209.61 121.46 642.79 221.23 136.18
United States 15.50 49.10 3.75 2.33 30.18 19.21 18.95
Total Foreign 259.15 743.25 219.49 156.13 766.11 203.03 251.75
Major Exporters 4/ 47.63 325.10 13.80 72.38 179.31 165.60 41.61
Argentina 3.97 15.85 0.00 0.25 7.05 8.23 4.54
Australia 4.37 25.96 0.22 4.30 7.80 19.84 2.91
Canada 5.71 33.41 0.56 3.83 8.96 25.44 5.28
European Union 5/ 16.27 135.38 12.66 46.50 110.50 38.01 15.79
Russia 14.39 91.50 0.30 16.00 39.00 55.50 11.69
Ukraine 2.93 23.00 0.06 1.50 6.00 18.58 1.41
Major Importers 6/ 178.76 208.72 139.44 56.25 329.44 19.75 177.72
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 3.22 39.70 0.65 12.49
Southeast Asia 9/ 3.13 0.00 30.56 9.85 27.86 1.32 4.51
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/ 270.70 800.86 199.43 155.88 809.14 209.57 262.42
World Less China 136.18 660.76 195.26 122.88 659.14 208.56 134.64
United States 18.95 53.65 4.05 2.97 31.03 22.48 23.15
Total Foreign 251.75 747.21 195.38 152.91 778.11 187.10 239.27
Major Exporters 4/ 41.61 315.71 11.80 73.48 180.78 151.84 36.50
Argentina 4.54 18.54 0.01 0.25 7.15 11.00 4.94
Australia 2.91 34.11 0.23 4.50 8.00 25.00 4.25
Canada 5.28 35.94 0.61 3.13 8.43 29.28 4.11
European Union 5/ 15.79 122.12 10.59 45.00 109.00 27.81 11.69
Russia 11.69 81.60 0.30 17.00 40.00 43.00 10.59
Ukraine 1.41 23.40 0.07 3.60 8.20 15.75 0.93
Major Importers 6/ 177.72 211.60 120.62 51.47 327.91 16.28 165.75
Bangladesh 1.28 1.10 5.80 0.20 7.40 0.00 0.78
Brazil 1.69 7.89 7.00 0.70 12.20 1.90 2.48
China 134.52 140.10 4.17 33.00 150.00 1.02 127.78
Japan 1.09 1.08 5.57 0.70 6.25 0.34 1.16
N. Africa 7/ 11.54 16.04 31.60 1.35 46.15 2.46 10.56
Nigeria 0.45 0.13 6.30 0.00 6.00 0.38 0.49
Sel. Mideast 8/ 12.49 23.56 17.56 2.92 40.13 0.74 12.74
Southeast Asia 9/ 4.51 0.00 29.17 9.60 28.28 1.44 3.96
Selected Other
India 7.50 113.29 0.16 6.00 108.76 0.19 12.00
Kazakhstan 3.45 18.58 0.50 3.20 8.30 10.20 4.02
United Kingdom 3.26 11.15 3.80 6.83 15.03 0.50 2.68
================================================================================
WASDE - 664 - 19 September 2025
World Wheat Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2025/26 Proj.
World 3/
Aug 262.70 806.90 209.46 154.85 809.53 213.53 260.08
Sep 262.42 816.20 210.56 158.13 814.56 214.72 264.06
World Less China
Aug 134.93 666.90 203.46 123.85 661.53 212.53 135.30
Sep 134.64 676.20 204.56 127.13 666.56 213.72 139.28
United States
Aug 23.15 52.45 3.27 3.27 31.41 23.81 23.64
Sep 23.15 52.45 3.27 3.27 31.41 24.49 22.96
Total Foreign
Aug 239.56 754.45 206.19 151.59 778.12 189.72 236.44
Sep 239.27 763.75 207.29 154.86 783.15 190.23 241.10
Major Exporters 4/
Aug 36.70 329.45 7.74 73.90 181.75 157.00 35.14
Sep 36.50 338.10 6.74 76.90 185.15 157.50 38.69
Argentina
Aug 4.94 19.70 0.01 0.30 7.30 13.00 4.35
Sep 4.94 19.50 0.01 0.30 7.30 13.00 4.15
Australia
Aug 4.25 31.00 0.23 4.60 8.10 23.00 4.38
Sep 4.25 34.50 0.23 5.10 8.70 25.00 5.28
Canada
Aug 3.64 35.00 0.60 3.50 8.75 27.00 3.49
Sep 4.11 36.00 0.60 4.00 9.35 27.00 4.36
European Union 5/
Aug 12.36 138.25 6.50 47.50 112.00 32.50 12.61
Sep 11.69 140.10 5.50 48.50 113.00 32.50 11.79
Russia
Aug 10.59 83.50 0.30 16.00 39.00 46.00 9.39
Sep 10.59 85.00 0.30 16.50 39.70 45.00 11.19
Ukraine
Aug 0.93 22.00 0.10 2.00 6.60 15.50 0.93
Sep 0.93 23.00 0.10 2.50 7.10 15.00 1.93
Major Importers 6/
Aug 165.64 207.87 133.20 49.58 327.68 16.34 162.69
Sep 165.75 207.87 135.00 49.83 328.83 16.34 163.45
Bangladesh
Aug 0.78 1.00 6.70 0.30 7.70 0.00 0.78
Sep 0.78 1.00 6.70 0.30 7.70 0.00 0.78
Brazil
Aug 2.18 7.50 7.00 0.50 12.10 2.50 2.08
Sep 2.48 7.50 7.30 0.70 12.30 2.50 2.48
China
Aug 127.78 140.00 6.00 31.00 148.00 1.00 124.78
Sep 127.78 140.00 6.00 31.00 148.00 1.00 124.78
Japan
Aug 1.16 1.10 5.45 0.70 6.20 0.34 1.17
Sep 1.16 1.10 5.45 0.70 6.20 0.34 1.17
N. Africa 7/
Aug 10.59 17.55 32.25 1.35 46.40 2.12 11.87
Sep 10.56 17.55 32.05 1.35 46.40 2.12 11.64
Nigeria
Aug 0.68 0.13 6.40 0.00 6.20 0.40 0.61
Sep 0.49 0.13 6.70 0.00 6.40 0.40 0.52
Sel. Mideast 8/
Aug 12.66 19.78 20.20 2.78 40.28 1.01 11.35
Sep 12.74 19.78 20.20 2.78 40.33 1.01 11.38
Southeast Asia 9/
Aug 4.00 0.00 30.70 10.05 29.05 1.34 4.31
Sep 3.96 0.00 31.70 10.05 29.50 1.34 4.82
India
Aug 12.00 117.51 0.25 6.50 112.51 0.25 17.00
Sep 12.00 117.51 0.25 6.50 112.51 0.25 17.00
Kazakhstan
Aug 4.02 15.50 0.50 3.00 8.15 8.00 3.87
Sep 4.02 16.00 0.50 3.00 8.15 8.00 4.37
United Kingdom
Aug 2.81 12.50 3.20 7.20 15.50 0.60 2.41
Sep 2.68 12.50 3.20 7.20 15.50 0.60 2.28
================================================================================
WASDE - 664 - 20 September 2025
World Coarse Grain Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24
World 3/ 337.49 1508.29 242.48 924.33 1498.44 236.16 347.33
World Less China 130.73 1210.91 194.45 678.53 1159.74 236.16 133.87
United States 37.14 402.88 2.65 151.74 331.42 63.37 47.87
Total Foreign 300.35 1105.41 239.83 772.59 1167.02 172.80 299.46
Major Exporters 4/ 30.63 322.45 6.87 137.43 195.15 142.25 22.56
Argentina 3.13 59.37 0.01 12.27 18.33 40.58 3.61
Australia 3.97 14.48 0.00 5.19 7.07 9.66 1.73
Brazil 10.61 124.81 2.64 67.85 90.63 38.36 9.07
Canada 3.95 27.52 2.95 16.27 24.44 6.08 3.91
Russia 2.32 42.54 0.10 20.94 29.99 13.27 1.71
Ukraine 3.95 39.78 0.01 7.77 10.20 32.02 1.52
Major Importers 5/ 37.35 231.58 144.61 272.23 360.09 14.66 38.79
European Union 6/ 16.53 137.04 22.08 109.81 148.71 11.52 15.43
Japan 1.45 0.25 16.67 13.23 16.92 0.00 1.44
Mexico 5.61 29.09 24.95 30.60 53.17 0.02 6.45
N. Afr & Mideast 7/ 7.02 34.01 37.76 59.61 68.00 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/ 347.33 1510.32 222.59 946.14 1544.22 233.52 313.44
World Less China 133.87 1206.86 203.59 696.69 1202.47 233.49 119.29
United States 47.87 390.86 2.15 149.87 329.42 74.52 36.94
Total Foreign 299.46 1119.47 220.44 796.27 1214.80 159.00 276.50
Major Exporters 4/ 22.56 331.74 4.99 141.04 204.39 131.78 23.11
Argentina 3.61 59.10 0.01 13.69 19.90 39.20 3.62
Australia 1.73 17.34 0.00 4.89 6.76 10.93 1.38
Brazil 9.07 142.48 2.60 71.80 101.28 43.19 9.69
Canada 3.91 27.52 1.89 15.47 23.18 6.65 3.49
Russia 1.71 34.78 0.10 20.13 28.10 7.07 1.41
Ukraine 1.52 33.47 0.02 7.93 10.46 22.94 1.62
Major Importers 5/ 38.79 228.66 151.63 284.25 371.71 11.28 36.08
European Union 6/ 15.43 137.18 21.42 111.70 150.24 9.14 14.64
Japan 1.44 0.20 16.58 13.17 16.81 0.00 1.42
Mexico 6.45 28.27 26.07 31.85 54.48 0.02 6.29
N. Afr & Mideast 7/ 8.28 31.28 41.86 64.56 72.94 1.57 6.92
Saudi Arabia 1.41 0.27 8.51 8.42 8.76 0.00 1.43
Southeast Asia 8/ 3.19 31.19 21.10 40.72 52.08 0.55 2.85
South Korea 2.06 0.16 11.62 9.40 11.74 0.00 2.10
Selected Other
China 213.46 303.47 19.00 249.45 341.75 0.03 194.15
================================================================================
WASDE - 664 - 21 September 2025
World Coarse Grain Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2025/26 Proj.
World 3/
Aug 311.75 1571.99 233.45 969.96 1574.04 242.78 309.70
Sep 313.44 1572.93 235.11 970.89 1576.40 244.72 309.97
World Less China
Aug 116.50 1268.04 205.57 714.24 1226.02 242.76 130.68
Sep 119.29 1268.98 206.98 714.94 1228.12 244.69 132.04
United States
Aug 36.43 439.56 2.31 159.28 342.52 78.89 56.90
Sep 36.94 441.68 2.31 159.28 342.77 81.49 56.67
Total Foreign
Aug 275.32 1132.43 231.14 810.68 1231.53 163.90 252.80
Sep 276.50 1131.25 232.80 811.61 1233.63 163.23 253.30
Major Exporters 4/
Aug 21.17 336.47 4.97 141.37 205.93 138.82 17.85
Sep 23.11 338.03 4.90 142.20 207.59 139.27 19.17
Argentina
Aug 3.72 61.62 0.01 13.34 19.63 41.80 3.92
Sep 3.62 61.62 0.01 13.19 19.48 41.80 3.97
Australia
Aug 1.58 16.72 0.00 5.09 6.96 9.82 1.51
Sep 1.38 19.32 0.00 5.39 7.26 11.37 2.06
Brazil
Aug 8.67 137.62 2.52 71.50 101.51 43.09 4.21
Sep 9.69 137.61 2.52 71.60 102.63 43.09 4.11
Canada
Aug 2.87 27.86 2.19 16.20 24.16 5.84 2.92
Sep 3.49 28.07 2.12 16.17 24.15 5.94 3.58
Russia
Aug 1.41 37.43 0.10 21.40 29.73 7.28 1.93
Sep 1.41 35.98 0.10 21.20 29.33 6.48 1.68
Ukraine
Aug 1.31 38.18 0.01 6.62 9.05 29.08 1.39
Sep 1.62 38.38 0.01 7.42 9.85 28.58 1.59
Major Importers 5/
Aug 35.95 232.38 155.49 289.61 377.57 10.89 35.37
Sep 36.08 229.81 156.74 289.21 377.07 10.19 35.38
European Union 6/
Aug 14.54 139.13 23.23 114.00 152.99 9.59 14.31
Sep 14.64 136.56 24.38 113.45 152.34 8.89 14.34
Japan
Aug 1.42 0.25 17.01 13.55 17.26 0.00 1.42
Sep 1.42 0.25 17.01 13.55 17.26 0.00 1.42
Mexico
Aug 6.27 29.99 26.90 33.95 56.78 0.02 6.36
Sep 6.29 29.99 27.10 34.15 56.98 0.02 6.38
N. Afr & Mideast 7/
Aug 6.90 31.17 41.53 63.71 72.29 0.72 6.59
Sep 6.92 31.17 41.53 63.76 72.34 0.72 6.56
Saudi Arabia
Aug 1.43 0.27 8.31 8.31 8.65 0.00 1.35
Sep 1.43 0.27 8.31 8.31 8.65 0.00 1.35
Southeast Asia 8/
Aug 2.86 31.31 22.28 42.18 53.03 0.57 2.85
Sep 2.85 31.31 22.18 42.08 52.93 0.57 2.85
South Korea
Aug 2.10 0.16 11.61 9.39 11.78 0.00 2.10
Sep 2.10 0.16 11.61 9.39 11.78 0.00 2.10
China
Aug 195.25 303.95 27.88 255.73 348.03 0.03 179.02
Sep 194.15 303.95 28.13 255.95 348.28 0.03 177.93
================================================================================
WASDE - 664 - 22 September 2025
World Corn Supply and Use 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2023/24
World 3/ 305.41 1231.06 197.44 769.64 1220.93 192.57 315.53
World Less China 99.38 942.22 174.11 544.64 913.93 192.57 104.34
United States 34.55 389.67 0.72 148.13 322.87 57.28 44.79
Total Foreign 270.85 841.39 196.72 621.50 898.06 135.29 270.74
Major Exporters 4/ 18.51 232.53 2.72 93.54 128.02 112.88 12.86
Argentina 2.32 51.00 0.01 10.40 14.60 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 4.50 5.38 29.49 0.64
Major Importers 5/ 21.04 123.68 102.79 160.35 220.90 5.01 21.59
Egypt 1.51 7.20 8.02 12.80 15.30 0.00 1.43
European Union 6/ 8.02 61.95 19.83 58.10 78.10 4.39 7.31
Japan 1.30 0.01 15.29 12.00 15.30 0.00 1.30
Mexico 4.88 23.71 24.22 25.80 47.00 0.02 5.79
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 9.79 15.80 2.07 2.00
China 206.02 288.84 23.33 225.00 307.00 0.00 211.19
2024/25 Est.
World 3/ 315.53 1228.91 182.96 786.68 1260.26 193.80 284.18
World Less China 104.34 933.99 179.96 552.68 944.26 193.78 91.09
United States 44.79 377.63 0.51 144.15 317.39 71.89 33.66
Total Foreign 270.74 851.27 182.45 642.53 942.87 121.92 250.52
Major Exporters 4/ 12.86 242.30 1.78 97.20 138.60 103.20 15.14
Argentina 2.48 50.00 0.01 10.80 15.20 34.50 2.78
Brazil 8.33 135.00 1.50 65.00 93.00 43.00 8.83
Russia 0.76 14.00 0.05 9.50 10.60 3.30 0.91
South Africa 0.65 16.50 0.20 7.00 14.00 1.80 1.55
Ukraine 0.64 26.80 0.02 4.90 5.80 20.60 1.06
Major Importers 5/ 21.59 120.76 105.62 163.90 224.46 3.32 20.20
Egypt 1.43 7.00 9.00 13.30 15.80 0.00 1.63
European Union 6/ 7.31 59.31 20.00 57.60 77.60 2.75 6.28
Japan 1.30 0.02 15.20 12.00 15.25 0.00 1.27
Mexico 5.79 23.10 25.00 26.90 48.20 0.02 5.67
Southeast Asia 7/ 3.19 31.14 20.52 40.35 51.46 0.55 2.84
South Korea 2.04 0.09 11.50 9.35 11.55 0.00 2.09
Selected Other
Canada 2.00 15.35 1.70 9.20 14.70 2.75 1.59
China 211.19 294.92 3.00 234.00 316.00 0.02 193.09
================================================================================
WASDE - 664 - 23 September 2025
World Corn Supply and Use 1/ (Contd.)
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Domestic 2/ Ending
Stocks tion Imports Feed Total Exports Stocks
================================================================================
2025/26 Proj.
World 3/
Aug 283.11 1288.58 192.16 811.17 1289.15 200.86 282.54
Sep 284.18 1286.58 193.20 810.51 1289.36 201.71 281.40
World Less China
Aug 88.93 993.58 182.16 572.17 968.15 200.84 104.38
Sep 91.09 991.58 183.20 571.51 968.36 201.69 104.33
United States
Aug 33.15 425.26 0.64 154.95 332.25 73.03 53.77
Sep 33.66 427.11 0.64 154.95 332.25 75.57 53.58
Total Foreign
Aug 249.96 863.32 191.53 656.23 956.90 127.83 228.77
Sep 250.52 859.47 192.56 655.56 957.11 126.14 227.81
Major Exporters 4/
Aug 13.70 247.50 1.67 99.30 141.33 111.00 10.54
Sep 15.14 246.60 1.67 99.30 142.33 110.50 10.58
Argentina
Aug 2.78 53.00 0.01 11.20 15.60 37.00 3.19
Sep 2.78 53.00 0.01 11.20 15.60 37.00 3.19
Brazil
Aug 7.99 131.00 1.60 65.50 94.00 43.00 3.59
Sep 8.83 131.00 1.60 65.50 95.00 43.00 3.43
Russia
Aug 0.91 15.00 0.05 10.10 11.20 3.60 1.16
Sep 0.91 14.10 0.05 10.00 11.10 3.00 0.96
South Africa
Aug 1.25 16.50 0.00 7.10 14.20 1.90 1.65
Sep 1.55 16.50 0.00 7.10 14.20 2.00 1.85
Ukraine
Aug 0.76 32.00 0.01 5.40 6.33 25.50 0.95
Sep 1.06 32.00 0.01 5.50 6.43 25.50 1.15
Major Importers 5/
Aug 20.16 121.53 110.95 168.95 229.60 3.09 19.95
Sep 20.20 118.83 111.85 167.95 228.50 2.39 19.99
Egypt
Aug 1.63 7.25 10.00 14.50 17.10 0.00 1.78
Sep 1.63 7.25 10.00 14.50 17.10 0.00 1.78
European Union 6/
Aug 6.23 58.00 22.00 57.70 77.90 2.50 5.83
Sep 6.28 55.30 23.00 56.80 76.90 1.80 5.88
Japan
Aug 1.27 0.02 15.50 12.20 15.50 0.00 1.29
Sep 1.27 0.02 15.50 12.20 15.50 0.00 1.29
Mexico
Aug 5.67 24.80 25.80 29.00 50.50 0.02 5.75
Sep 5.67 24.80 25.80 29.00 50.50 0.02 5.75
Southeast Asia 7/
Aug 2.85 31.26 21.60 41.70 52.30 0.57 2.85
Sep 2.84 31.26 21.50 41.60 52.20 0.57 2.84
South Korea
Aug 2.09 0.10 11.50 9.35 11.60 0.00 2.08
Sep 2.09 0.10 11.50 9.35 11.60 0.00 2.08
Canada
Aug 1.59 15.30 2.10 9.50 15.10 2.10 1.79
Sep 1.59 15.55 2.00 9.50 15.10 2.20 1.84
China
Aug 194.18 295.00 10.00 239.00 321.00 0.02 178.16
Sep 193.09 295.00 10.00 239.00 321.00 0.02 177.07
================================================================================
WASDE - 664 - 24 September 2025
World Rice Supply and Use (Milled Basis) 1/
(Million Metric Tons)
================================================================================
Supply Use
Region Beginning Produc- Total 2/ Ending
Stocks tion Imports Domestic Exports Stocks
================================================================================
2023/24
World 3/ 180.50 523.73 53.39 524.83 56.84 179.40
World Less China 73.90 379.11 51.86 376.72 55.20 76.40
United States 0.96 6.92 1.41 4.88 3.15 1.27
Total Foreign 179.54 516.81 51.98
