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/
Jun 295.84 773.43 183.43 136.47 753.19 188.85 316.09
Jul 297.12 769.31 183.27 135.10 751.59 188.04 314.84
World Less China
Jun 144.99 637.43 177.43 116.47 623.19 187.85 154.23
Jul 145.97 633.31 177.27 115.10 621.59 187.04 152.69
United States
Jun 26.75 51.09 3.81 2.72 30.62 25.86 25.17
Jul 28.41 49.63 3.81 2.45 30.35 25.86 25.65
Total foreign
Jun 269.09 722.35 179.62 133.75 722.57 162.99 290.92
Jul 268.71 719.68 179.46 132.65 721.25 162.18 289.19
Major exporters 4/
Jun 32.39 325.50 6.73 77.65 191.65 137.50 35.47
Jul 31.04 323.50 6.73 76.65 190.65 137.00 33.62
Argentina Jun 1.45 21.00 0.01 0.05 6.20 14.50 1.75
Jul 1.69 21.00 0.01 0.05 6.20 14.50 2.00
Australia Jun 3.54 26.00 0.20 3.50 7.05 17.00 5.69
Jul 3.54 26.00 0.20 3.50 7.05 17.50 5.19
Canada Jun 5.54 34.00 0.45 4.60 9.80 24.50 5.69
Jul 5.46 34.00 0.45 4.60 9.80 24.50 5.61
EU-27 5/ Jun 12.35 141.00 5.50 49.50 119.30 28.00 11.55
Jul 11.82 139.50 5.50 48.50 118.30 27.00 11.52
Russia Jun 8.28 77.00 0.50 17.50 40.50 36.00 9.28
Jul 7.28 76.50 0.50 17.50 40.50 36.00 7.78
Ukraine Jun 1.23 26.50 0.08 2.50 8.80 17.50 1.51
Jul 1.25 26.50 0.08 2.50 8.80 17.50 1.52
Major importers 6/
Jun 195.35 206.28 120.49 36.76 302.70 12.91 206.51
Jul 196.23 205.58 120.29 36.66 302.65 12.61 206.84
Bangladesh Jun 1.76 1.25 6.60 0.30 7.50 0.00 2.11
Jul 1.76 1.25 6.60 0.30 7.50 0.00 2.11
Brazil Jun 0.91 5.50 7.10 0.50 12.10 0.60 0.81
Jul 0.94 5.70 7.10 0.50 12.10 0.60 1.04
China Jun 150.86 136.00 6.00 20.00 130.00 1.00 161.86
Jul 151.16 136.00 6.00 20.00 130.00 1.00 162.16
Japan Jun 1.22 0.87 5.60 0.60 6.25 0.28 1.16
Jul 1.26 0.87 5.60 0.60 6.25 0.28 1.20
N Africa 7/ Jun 13.95 17.43 29.70 1.95 47.15 0.99 12.94
Jul 14.09 16.78 29.40 1.75 46.90 0.99 12.38
Nigeria Jun 0.20 0.06 5.10 0.05 4.76 0.40 0.20
Jul 0.20 0.06 5.10 0.05 4.76 0.40 0.20
Sel. Mideast 8/ Jun 12.36 22.35 18.14 3.42 39.10 0.67 13.07
Jul 12.42 22.35 18.14 3.42 39.10 0.67 13.13
SE Asia 9/ Jun 5.54 0.00 26.35 7.04 24.89 1.07 5.93
Jul 5.49 0.00 26.35 7.04 24.89 1.07 5.88
Selected other
India Jun 24.00 107.18 0.03 6.50 99.50 1.00 30.71
Jul 24.00 107.18 0.03 6.50 99.50 1.00 30.71
Kazakhstan Jun 1.14 13.50 0.10 1.50 6.30 7.10 1.34
Jul 1.19 13.50 0.10 1.50 6.30 7.10 1.39
==============================================================================
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
USDA Supply/Demand : World Wheat - Jul 10
July 10, 2020 at 12:18 pm EDT
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