USDA World Grain Supply-Demand Outlook - April 2018



                  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/
    2015/16                  2467.34    3061.08     376.64    2434.11     626.97
    2016/17 (Est.)           2601.76    3228.73     428.99    2573.39     655.34
    2017/18 (Proj.)
                      Mar    2567.01    3221.28     422.93    2583.31     637.97
                      Apr    2562.23    3217.57     420.66    2577.05     640.52
Wheat
    2015/16                   735.21     953.90     172.84     711.16     242.74
    2016/17 (Est.)            750.68     993.42     183.28     738.83     254.60
    2017/18 (Proj.)
                      Mar     758.79    1011.39     182.03     742.50     268.89
                      Apr     759.75    1014.35     182.01     743.13     271.22
Coarse Grains 5/
    2015/16                  1259.19    1506.36     163.46    1254.86     251.50
    2016/17 (Est.)           1364.92    1616.42     198.32    1352.78     263.64
    2017/18 (Proj.)
                      Mar    1321.96    1586.34     193.56    1360.32     226.02
                      Apr    1315.01    1578.65     190.51    1353.78     224.88
Rice, milled
    2015/16                   472.94     600.83      40.34     468.09     132.74
    2016/17 (Est.)            486.15     618.89      47.39     481.78     137.11
    2017/18 (Proj.)
                      Mar     486.26     623.55      47.34     480.49     143.06
                      Apr     487.46     624.57      48.14     480.15     144.43
                                  United States
Total Grains 4/
    2015/16                   429.26     506.00      81.75     348.12      76.14
    2016/17 (Est.)            472.56     556.09      96.92     363.41      95.76
    2017/18 (Proj.)
                      Mar     437.29     541.46      91.26     364.86      85.34
                      Apr     437.29     541.30      91.13     362.22      87.95
Wheat
    2015/16                    56.12      79.66      21.17      31.94      26.55
    2016/17 (Est.)             62.83      92.60      28.72      31.75      32.13
    2017/18 (Proj.)
                      Mar      47.37      83.72      25.17      30.40      28.15
                      Apr      47.37      83.72      25.17      29.58      28.96
Coarse Grains 5/
    2015/16                   367.01     417.89      57.18     312.60      48.11
    2016/17 (Est.)            402.61     454.15      64.50     327.48      62.17
    2017/18 (Proj.)
                      Mar     384.26     449.83      62.91     330.65      56.27
                      Apr     384.26     449.67      62.91     328.83      57.93
Rice, milled
    2015/16                     6.13       8.45       3.40       3.58       1.48
    2016/17 (Est.)              7.12       9.34       3.70       4.17       1.46
    2017/18 (Proj.)
                      Mar       5.66       7.91       3.18       3.81       0.93
                      Apr       5.66       7.92       3.05       3.81       1.06
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                                WASDE - 576 - 9                       April 2018
            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/
    2015/16                  2038.08    2555.08     294.89    2086.00     550.83
    2016/17 (Est.)           2129.20    2672.64     332.07    2209.98     559.58
    2017/18 (Proj.)
                      Mar    2129.73    2679.82     331.68    2218.45     552.63
                      Apr    2124.94    2676.27     329.54    2214.82     552.57
Wheat
    2015/16                   679.09     874.24     151.67     679.22     216.19
    2016/17 (Est.)            687.85     900.82     154.57     707.07     222.46
    2017/18 (Proj.)
                      Mar     711.42     927.67     156.86     712.10     240.74
                      Apr     712.38     930.63     156.84     713.54     242.26
Coarse Grains  5/
    2015/16                   892.19    1088.47     106.28     942.26     203.39
    2016/17 (Est.)            962.31    1162.27     133.82    1025.30     201.48
    2017/18 (Proj.)
                      Mar     937.71    1136.51     130.66    1029.67     169.75
                      Apr     930.76    1128.99     127.61    1024.95     166.95
Rice, milled
    2015/16                   466.81     592.38      36.95     464.51     131.26
    2016/17 (Est.)            479.03     609.55      43.69     477.61     135.65
    2017/18 (Proj.)
                      Mar     480.60     615.64      44.16     476.67     142.14
                      Apr     481.80     616.65      45.09     476.33     143.37
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