USDA Supply/Demand: World Wheat-Mar 9
March 09 2021 - 12:31PM
Dow Jones News
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/
Feb 300.10 773.44 189.48 147.78 769.32 194.84 304.22
Mar 300.29 776.78 191.59 152.98 775.89 197.69 301.19
World Less China
Feb 148.42 639.19 179.48 117.78 629.32 193.84 149.29
Mar 148.61 642.53 181.09 117.98 630.89 196.69 150.76
United States
Feb 27.99 49.69 3.27 3.40 31.38 26.81 22.76
Mar 27.99 49.69 3.27 3.40 31.38 26.81 22.76
Total foreign
Feb 272.12 723.74 186.21 144.38 737.94 168.04 281.46
Mar 272.31 727.09 188.32 149.58 744.51 170.88 278.43
Major exporters 4/
Feb 32.80 328.98 7.23 78.35 192.15 141.50 35.36
Mar 32.80 332.04 7.33 78.75 192.55 144.00 35.61
Argentina Feb 1.72 17.20 0.01 0.05 6.05 11.50 1.38
Mar 1.72 17.20 0.01 0.05 6.05 11.50 1.38
Australia Feb 2.90 30.00 0.20 4.50 8.00 20.00 5.10
Mar 2.90 33.00 0.20 5.00 8.50 22.00 5.60
Canada Feb 5.50 35.18 0.45 4.80 10.00 26.50 4.63
Mar 5.50 35.18 0.55 4.70 9.90 27.00 4.33
Russia Feb 7.23 85.30 0.50 18.00 41.50 39.00 12.53
Mar 7.23 85.35 0.50 18.00 41.50 39.00 12.58
Ukraine Feb 1.15 25.50 0.08 2.00 8.10 17.50 1.12
Mar 1.15 25.50 0.08 2.00 8.10 17.50 1.12
Major importers 6/
Feb 196.86 203.14 124.25 47.28 313.34 13.11 197.81
Mar 196.91 203.11 125.25 52.18 318.48 13.12 193.68
Bangladesh Feb 1.86 1.25 6.60 0.30 7.50 0.00 2.21
Mar 1.86 1.22 6.60 0.30 7.50 0.00 2.18
Brazil Feb 0.94 6.25 6.70 0.50 12.20 0.90 0.79
Mar 0.94 6.25 6.70 0.50 12.20 0.90 0.79
China Feb 151.68 134.25 10.00 30.00 140.00 1.00 154.93
Mar 151.68 134.25 10.50 35.00 145.00 1.00 150.43
Japan Feb 1.20 1.10 5.60 0.60 6.30 0.28 1.32
Mar 1.20 1.10 5.60 0.60 6.30 0.28 1.32
N Africa 7/ Feb 14.36 16.64 29.40 1.75 46.95 0.99 12.45
Mar 14.36 16.64 29.40 1.75 46.95 0.99 12.45
Nigeria Feb 0.30 0.06 5.10 0.05 4.76 0.40 0.30
Mar 0.30 0.06 5.50 0.05 4.95 0.50 0.41
Sel. Mideast 8/ Feb 12.70 22.28 18.00 3.59 39.34 0.68 12.97
Mar 12.70 22.28 18.30 3.59 39.44 0.69 13.16
SE Asia 9/ Feb 6.09 0.00 25.95 7.39 25.24 1.11 5.69
Mar 6.14 0.00 25.75 7.29 25.09 1.11 5.69
Selected other
India Feb 24.70 107.59 0.03 6.50 103.02 1.80 27.50
Mar 24.70 107.86 0.03 6.50 103.09 2.00 27.50
Kazakhstan Feb 0.63 14.26 0.30 1.40 6.20 7.30 1.69
Mar 0.63 14.26 0.50 1.40 6.20 7.50 1.69
==============================================================================
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, EU-27+UK, 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
(END) Dow Jones Newswires
March 09, 2021 12:16 ET (17:16 GMT)
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