USDA Supply/Demand: World Wheat-Jan 12

                          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/ 
                  Dec   300.62  773.66  189.19  141.03  757.78  193.65  316.50 
                  Jan   300.09  772.64  189.28  142.38  759.54  193.78  313.19 
World Less China 
                  Dec   148.94  637.66  180.69  117.03  623.78  192.65  155.32 
                  Jan   148.41  638.39  180.28  117.38  624.54  192.78  154.25 
United States 
                  Dec    27.98   49.69    3.27    2.72   30.67   26.81   23.45 
                  Jan    27.99   49.69    3.27    3.40   31.38   26.81   22.76 
Total foreign 
                  Dec   272.65  723.97  185.93  138.31  727.11  166.84  293.05 
                  Jan   272.10  722.95  186.01  138.98  728.16  166.97  290.43 
Major exporters 4/ 
                  Dec    33.78  328.48    7.53   77.95  191.25  142.00   36.54 
                  Jan    32.78  329.28    7.53   77.95  191.65  141.50   36.44 
Argentina         Dec     1.70   18.00    0.01    0.05    6.05   12.50    1.16 
                  Jan     1.70   17.50    0.01    0.05    5.95   12.00    1.26 
Australia         Dec     3.90   30.00    0.50    4.50    8.00   20.00    6.40 
                  Jan     2.90   30.00    0.50    4.50    8.00   20.00    5.40 
Canada            Dec     5.50   35.18    0.45    4.40    9.60   26.00    5.53 
                  Jan     5.50   35.18    0.45    4.40    9.60   26.50    5.03 
Russia            Dec     7.23   84.00    0.50   18.00   41.00   40.00   10.73 
                  Jan     7.23   85.30    0.50   18.00   41.50   39.00   12.53 
Ukraine           Dec     1.15   25.50    0.08    2.00    8.10   17.50    1.12 
                  Jan     1.15   25.50    0.08    2.00    8.10   17.50    1.12 
Major importers 6/ 
                  Dec   196.85  204.87  123.65   41.51  307.61   12.78  204.98 
                  Jan   196.86  203.19  123.75   42.38  308.54   12.79  202.48 
Bangladesh        Dec     1.86    1.25    6.60    0.30    7.50    0.00    2.21 
                  Jan     1.86    1.25    6.60    0.30    7.50    0.00    2.21 
Brazil            Dec     0.94    6.30    6.70    0.50   12.20    0.60    1.14 
                  Jan     0.94    6.30    6.70    0.50   12.20    0.60    1.14 
China             Dec   151.68  136.00    8.50   24.00  134.00    1.00  161.18 
                  Jan   151.68  134.25    9.00   25.00  135.00    1.00  158.93 
Japan             Dec     1.20    1.10    5.60    0.60    6.30    0.28    1.32 
                  Jan     1.20    1.10    5.60    0.60    6.30    0.28    1.32 
N Africa 7/       Dec    14.36   16.64   29.70    1.75   46.95    0.99   12.76 
                  Jan    14.36   16.64   29.40    1.75   46.95    0.99   12.46 
Nigeria           Dec     0.30    0.06    5.10    0.05    4.76    0.40    0.30 
                  Jan     0.30    0.06    5.10    0.05    4.76    0.40    0.30 
Sel. Mideast 8/   Dec    12.70   22.20   18.20    3.62   39.41    0.67   13.02 
                  Jan    12.70   22.28   18.20    3.59   39.44    0.68   13.07 
SE Asia 9/        Dec     6.09    0.00   26.35    7.59   25.44    1.09    5.91 
                  Jan     6.09    0.00   26.25    7.49   25.34    1.09    5.91 
Selected other 
India             Dec    23.99  107.59    0.03    6.50   99.50    1.00   31.11 
                  Jan    24.70  107.59    0.03    6.50   99.50    1.50   31.32 
Kazakhstan        Dec     0.63   12.50    0.20    1.20    5.90    6.70    0.73 
                  Jan     0.63   12.50    0.30    1.20    5.90    6.80    0.73 
============================================================================== 
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 [e-mail] 
 

(END) Dow Jones Newswires

January 12, 2021 12:16 ET (17:16 GMT)

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