United States
Department of
             Agriculture
             Foreign
             Agricultural
                               World Agricultural
             Service
            Circular Series
                                 Production
            WAP 2-24
            February 2024
Sri Lanka Rice: Production Forecast to Increase
USDA estimates marketing year (MY) 2023/24 Sri Lanka rice production at 3.3 million metric
tons (milled basis), up 9 percent from last month and 17 percent from last year. The harvested area
is estimated at 1.2 million hectares, up slightly from MY 2022/23. Yields are estimated to reach
4.22 metric tons per hectare (rough basis), up 16 percent from a year ago because of ideal weather
and improved access to inputs.
                        Approved by the World Agricultural Outlook Board
              Sri Lanka’s economic situation has improved from a few years ago. In May 2021, the government
              of Sri Lanka banned imports of chemical fertilizers for environmental reasons. Consequently,
              yields declined due to the lack of fertilizers, and agricultural production plummeted. The
              government rescinded the ban in November 2021; however, farmers were unable to afford
              imported fertilizers with a sharp rise in global fertilizer prices. Currently, the government received
              international assistance and can offer farmers government-subsidized inputs. Farmers now have
              access to government subsidized fertilizers and seeds. Record rainfall occurred during the maha
              season and the satellite-derived MODIS Normalized Difference Vegetation Index (NDVI)
              anomaly analysis shows above-average crop vigor in the main rice production areas for the maha
              season.
              USDA combines the MY 2023/24 yala, which accounts for 40 percent of the total production, and
              the MY 2023/24 maha crop for the total estimate. The yala crop was harvested in August.
              Harvesting has begun on the maha crop in the eastern and northern provinces and will be
              completed by March. (For more information, please contact Arnella.Trent@usda.gov.)
              Philippines Rice: Production Revised Down Due to Dry Weather
              USDA estimates marketing year (MY) 2023/24 rice production at 12.5 million metric tons (milled
              basis), down 1 percent from last month and last year. Harvested area is estimated at 4.8 million
              hectares, unchanged from last month, but down 1 percent from the previous year. Yield (rough
              basis) is estimated at 4.13 tons per hectare, down 1 percent from last month, and unchanged from
              last year.
              Rice in the Philippines is cultivated throughout the year. Rice production output is produced
              quarterly. USDA’s market year begins with the third quarter, July through September. The highest
              rice outputs are accumulated in quarters four and one, which represents about 38 and 23 percent
              of total production, respectively.
Foreign Agricultural Service/USDA                               2                                                 February 2024
Global Market Analysis
              After achieving higher-than-expected output for the third quarter, extended dry weather negatively
              impacted rice output in the fourth quarter. According to the Philippine Statistical Authority, fourth
              quarter rice cycle output was down 2 percent from last year. (For more information, please contact
              Justin.Jenkins@usda.gov.)
              Argentina Wheat: Late Season Rainfall Boosted Yield
              Argentina wheat production for marketing year (MY) 2023/24 is forecast at 15.5 million metric
              tons, up 3 percent from last month and 24 percent from last year. Wheat yield is forecast at 2.82
              tons per hectare, up 3 percent from last month and 24 percent from last year. Harvested area is
              forecast at 5.5 million hectares, unchanged from last month, and matching last year’s area.
Foreign Agricultural Service/USDA                              3                                                 February 2024
Global Market Analysis
              According to the Ministry of Agriculture, for the MY 2023/24 season, approximately 44 percent
              was planted in Buenos Aires, 16 percent was planted in Santa Fe, 14 percent was planted in
              Córdoba, and 12 percent in Entre Ríos. Rainfall during planting and the critical growing period
              was below average, but above last year’s drought levels. Rainfall at the end of the season helped
              to boost yields in southern Buenos Aires, which benefitted the later-developing crop. (For more
              information, please contact Katie.McGaughey@usda.gov.)
              Iraq Wheat: Area and Production Higher
              USDA estimates Iraq wheat production for marketing year (MY) 2023/24 at 5.2 million metric
              tons (mmt), up 24 percent from last month, 63 percent from last year, and 36 percent above the 5-
              year average. Harvested area is estimated at 2.6 million hectares, up 18 percent from last month,
              24 percent from last year and 23 percent above the 5-year average. Yield is forecast at 2.00 metric
              tons per hectare, up 31 percent from last year, and 11 percent above the 5-year average.
Foreign Agricultural Service/USDA                             4                                                February 2024
Global Market Analysis
              Iraq received above-average rainfall in 2023, greatly improving grain prospects after several years
              of drought. Satellite-derived MODIS Normalized Difference Vegetation Index (NDVI) analysis
              indicates above-average crop conditions in late April as the crop was reaching maturity. These
              improved conditions boosted yields, allowing the Iraqi government to declare self-sufficiency for
              wheat in MY 2023/24.
Foreign Agricultural Service/USDA                             5                                                February 2024
Global Market Analysis
              The Iraqi Central Statistical Organization (CSO) announced wheat production of over 4.2 mmt in
              its annual report on wheat and barley. The CSO omits the Kurdish region of northern Iraq in its
              annual production estimates. This area corresponds with the Duhok, Erbil, and Sulaimani
              governorates shown on the crop production map. Reports indicate roughly 1.0 mmt of wheat was
              harvested in the Kurdish region in 2023, which is included in the USDA estimate. (For more
              information, please contact Aaron.Mulhollen@usda.gov.)
              Zimbabwe Wheat: Irrigated Area Increases and Provides Bumper Harvest
              Zimbabwe wheat production for marketing year (MY) 2023/24 is estimated at 240,000 metric tons
              (mt), up 60,000 mt (33 percent) from last month and up 65,000 mt (37 percent) from last year.
              Yield is estimated at 4.36 metric tons per hectare, up 10 percent from last year, but down 2 percent
              from the five-year average. Harvested area is estimated at 55,000 hectares (ha), up 10,000 ha (22
              percent) from last month and up 11,000 ha (25 percent) from last year. Satellite-derived analysis
              supports the increase in harvested area.
              Zimbabwe wheat is nearly 100 percent irrigated and grown by commercial farmers who deliver
              their harvest to Zimbabwe’s Grain Marketing Board (GMB). Optimal planting for irrigated wheat
Foreign Agricultural Service/USDA                              6                                                February 2024
Global Market Analysis
              is from late April through late May and the peak harvest period ranges from mid-September
              through mid-November. The Zimbabwe government and private sector have been trying to revive
              the wheat production sector for the past decade, after production dropped to 39,000 mt on 11,000
              hectares in 2013/14. Major production constraints have included high cost of production,
              unreliable power supplies for irrigation, lack of investment in rehabilitating irrigation
              infrastructure, late payments by GMB, and lack of input support programs.
              USDA’s Foreign Agricultural Service estimated irrigated wheat area during the 2023 crop season
              by utilizing 10-meter satellite imagery on Google Earth Engine (GEE) from June 15 through
              September 30, 2023, or when irrigated wheat crop stage ranges from tillering to maturity. Total
              irrigated wheat area in 2023 was estimated at 55,000 hectares, while Mashonaland West,
              Mashonaland Central and Mashonaland East provinces planted a total of 38,000 hectares or 70
              percent of total irrigated wheat area. GEE satellite imagery analysis for past years indicate that
              irrigation infrastructure has grown during the past 10 years, and irrigated wheat area of 55,000
              hectares is approaching record levels. (For more information, please contact
              Curt.Reynolds@usda.gov.)
              Brazil Soybeans: Early Harvest Results Reduce Production
              Soybean production in Brazil for marketing year (MY) 2023/24 is estimated at 156.0 million
              metric tons (mmt), lower by 1.0 mmt (1 percent) from last month, and lower by 6.0 mmt (4 percent)
              from last season’s record crop. Harvested area for MY 2023/24 is estimated at a record 45.9
              million hectares (mha), larger from last month by less than 1 percent, and up 1.3 mha (3 percent)
              from last year.
Foreign Agricultural Service/USDA                             7                                               February 2024
Global Market Analysis
              Yield is estimated below the 10-year trend at 3.40 tons per hectare (t/ha), down 1 percent from last
              month’s yield, and down 6 percent from last year’s record yield. A revision was made to MY
              2022/23 with area revised to 44.6 mha and production to 162 mmt. MY 2023/24 area is estimated
              higher due to the favorable prices when planting decisions were made and accounting for the
              higher area in MY 2022/23.
Foreign Agricultural Service/USDA                              8                                                February 2024
Global Market Analysis
              During crop travel to Brazil, USDA/FAS Washington and USDA/FAS Brasilia visited the states
              of Tocantins and Mato Grosso in the latter half of January to observe crop conditions. The irregular
              rainfall this season and the timing of planting impacted crop development at key stages. The highly
              variable rainfall led to neighboring farms with differing yield results. In mid-September, farmers
              who planted soybeans right after the sanitary period in Mato Grosso, anticipating rainfall, suffered
              the greatest yield losses due to the long stretches without rainfall when the crop was in grain-fill.
              Producers who planted later in October fared better as the rains became more abundant after mid-
              December in the center-west states. The Instituto Mato-Grossense de Economia Agropecuária
              (IMEA) reports statewide yield losses of 15 percent relative to last year. The irregular rainfall
              pattern was mirrored in the northeast leading to planting delays. The late planting benefitted crop
              development with the arrival of rains and concerns appear localized. The high heat and exposed
              soil after planting led to germination failures in southeastern areas of Tocantins, particularly in
              newly converted pasture to crop fields.
Foreign Agricultural Service/USDA                              9                                                 February 2024
Global Market Analysis
              Even the southern states were not spared this season. The state agency in Paraná (SEAB/DERAL)
              reports a yield reduction of 14 percent for the state due to a prolonged dry spell after mid-December
              when the crop was in pod-filling stages. Crops in the other major producer in the south, Rio Grande
              do Sul, received sufficient moisture for crop development through late January. Impacts from the
              very low rainfall during the last 2 weeks, just as the majority of the crop is in critical reproductive
              stages, remain to be determined. National harvest is roughly at 14 percent in early February, driven
              largely by the two large states of Mato Grosso and Paraná, and will continue through May for the
              main soybean regions. (For more information, please contact Sunita.Yadav-Pauletti@usda.gov.)
Foreign Agricultural Service/USDA                               10                                                  February 2024
Global Market Analysis
              India Rapeseed: Record Production
              USDA forecasts rapeseed production for marketing year (MY) 2023/24 at 12.0 million metric tons,
              up 6 percent from last year. Harvested area is estimated at 9.3 million hectares, up slightly from
              last month and up 4 percent from last year due to favorable planting conditions. Yield is forecast
              at 1.30 metric tons per hectare, up 2 percent from a year ago.
              According to India Ministry of Agriculture “All India Crop Situation” published January 24, 2024,
              farmers planted 10.0 million hectares of rapeseed/mustard, up 2 percent from same period last
              year.
              Currently, the rapeseed crop is at the flowering stage. The satellite-derived 8-day MODIS
              Normalized Difference Vegetation Index (NDVI) anomaly showed strong crop vigor in Rajasthan.
              Trade reports have not reported any incidences of pests and disease. Cooler temperatures have
              encouraged vegetative growth in contrast to when excessive heat stresses the crop.
              Rapeseed is grown only in the rabi season. Rapeseed is planted in late October until January and
              harvested in March. (For more information, please contact Arnella.Trent@usda.gov.)
Foreign Agricultural Service/USDA                             11                                               February 2024
Global Market Analysis
              Argentina Soybeans: Production Unchanged
              Argentina soybeans production for marketing year 2023/24 is forecast at 50.0 million metric tons,
              unchanged from last month, and doubled from last year. Soybean yield is forecast at 3.03 tons per
              hectare (t/ha), unchanged from last month, and up 75 percent from last year’s yield. Harvested area
              is forecast at 16.5 million hectares, unchanged from last month, and up 15 percent from last year.
              Soybeans in Argentina are divided between the first crop, which is a higher yielding crop, and the
              second crop, which is lower yielding and grown on fields directly after the winter crop harvest.
              The Argentina Ministry of Agriculture publishes planted area by crop seasons and in MY 2023/24,
              first soybean accounts for 72 percent of the total crop area and second soybean accounts for 28
              percent.
              Rainfall in the main soybean producing provinces has been above average and significantly above
              last year’s low rainfall levels. With a modelled approach to assessing soybean yield using the
              satellite-derived VIIRS Normalized Difference Vegetation Index (NDVI), historic and subnational
              yield statistics, and the weighting between first and second soybeans, total soybean yield remains
              around 3.00 t/ha. Recent dryness and heat have occurred, but crop conditions are still above
              average, and the crop has another month in the critical yield developing stage. (For more
              information, please contact Katie.McGaughey@usda.gov.)
Foreign Agricultural Service/USDA                             12                                                February 2024
Global Market Analysis
              Turkey Corn: Record Production and Yield
              USDA estimates Turkey corn production for marketing year (MY) 2023/24 at a record 8.4 million
              metric tons (mmt), up 2 percent from last month, 24 percent from last year, and 31 percent above
              the 5-year average. Harvested area is estimated at 650,000 hectares, unchanged from last month,
              but up 23 percent from last year and 19 percent above the 5-year average. Yield is forecast at a
              record 12.92 metric tons per hectare, up 1 percent from last year, and 10 percent above the 5-year
              average.
              Corn is typically planted in the spring and harvested in September and October. However, a second
              corn season can be captured by Turkish farmers who plant corn after the mid-summer wheat
              harvest. This second crop is then harvested in December and January. Double-cropping of corn
              was especially more prevalent this year in the southeast region of the country, where many cotton
              farmers chose instead to plant wheat and corn to capitalize on higher prices. The result was higher
              overall area for corn in MY 2023/24.
Foreign Agricultural Service/USDA                             13                                                February 2024
Global Market Analysis
              Turkey also received abundant rainfall this year, across most of the country, resulting in higher
              yields for virtually all grain crops. Recent reports indicated a larger-than-expected second corn
              crop harvest in the southeast of the country, where above-average rainfall persisted through the
              fall growing season as shown in the precipitation graphs for the provinces of Sanliurfa and
              Diyarbakir. USDA correspondingly increased its yield and production estimates to new records.
              The contributions of staff at FAS-Ankara are gratefully acknowledged. (For more information,
              please contact Aaron.Mulhollen@usda.gov.)
              Mexico Corn: Dry Weather Continues to Negatively Impact Production
              USDA estimates marketing year (MY) 2023/24 corn production at 25.0 million metric tons, down
              2 percent from last month and 11 percent from last year. Harvested area is estimated at 6.4 million
              hectares, down 2 percent from last month and 7 percent from last year. Yield is estimated at 3.91
              metric tons per hectare, unchanged from last month but down 4 percent from last year.
Foreign Agricultural Service/USDA                             14                                                February 2024
Global Market Analysis
              Mexico corn is planted in two seasons, spring/summer (main) followed by fall/winter, with the
              bulk of the production accumulated in the main season, at 75 percent. The main corn season relies
              predominantly on rainfall for crop development. Rainfall for the MY 2023/24 main corn crop
              underperformed throughout the season and was one of the contributing factors for one of the lowest
              planted area on record. Additionally, abandonment of area increases during dry years. Planting
              progress reports from Secretaría de Agricultura y Desarrollo Rural (SADER) / Servicio de
              Información Agrialimentaria y Pesquera (SIAP) indicate corn planted area for the 2023 main
              season crop at a record low 5.71 million hectares, down from 5.78 million hectares in 2022.
              The winter season corn crop, predominantly irrigated, has experienced water supply shortages due
              to the drier than normal wet season. As a result, winter corn planting was delayed. As of December
              31, 2023, SADER/SIAP reported winter season planted area at 457,000 hectares, down from
              788,000 hectares last year. Satellite imagery validates the reports from SADER highlighting
              current winter corn season planting delays, in comparison to last year. (For more information,
              please contact Justin.Jenkins@usda.gov.)
              Brazil Corn: Further Reduction to Area Lowers Production
              Brazil total corn production for marketing year (MY) 2023/24 is forecast at 124.0 million metric
              tons (mmt), down 3.0 mmt (2 percent) from last month, and lower by 13.0 mmt (9 percent) from
              last year’s record crop. Total harvested area, for all three corn crops, was revised down to 21.9
              million hectares (mha), lower by 0.5 mha (2 percent) from last month, and lower by 0.5 mha (2
              percent) from last year’s record. Yield essentially unchanged to 5.66 tons per hectare, 7 percent
              below the record MY 2022/23 yield, and 2 percent above the 10-year trend yield. Low prices are
              acting as a disincentive to corn planting in MY 2023/24.
Foreign Agricultural Service/USDA                             15                                               February 2024
Global Market Analysis
              Harvest for the first corn crop is roughly at 14 percent in early February, even though planting was
              not yet completed in a few northeastern states. Current harvest progress is concentrated in the
              southern states. Brazil’s Agriculture Ministry, Companhia Nacional de Abastecimento (CONAB),
              reduced first-crop yield by 2 percent from their prior month estimate. Area for the first crop is
              estimated at 3.9 mha and production at 24.4 mmt, a reduction of roughly 11 percent in production.
              State level reporting from Paraná shows lower estimates for area and yield.
Foreign Agricultural Service/USDA                              16                                                February 2024
Global Market Analysis
              Brazil’s larger corn crop is the second crop which is planted after the soybean harvest; it is grown
              predominantly in center-west states. With an earlier soybean harvest this season, second crop (or
              safrinha) planting is at 20 percent complete, ahead of the average nationally in early February.
              Planting in the largest safrinha producer, Mato Grosso (roughly half of second-crop production),
              is currently at 30 percent, about 5 percent ahead of the 5-year average. In areas where the soybean
              crop was abandoned, farmers opted to plant the safrinha crop earlier to maximize optimal weather
              conditions. In Paraná (15 percent of safrinha production), sowing is currently at 22 percent.
              Generally, an earlier planted second crop has a higher yield potential. Regular rainfall has
              replenished soil moisture with crop development proceeding well. Planting will continue through
              March in the center-west and south, whereas the northeastern states continue planting until May.
              (For more information, please contact Sunita.Yadav-Pauletti@usda.gov)
Foreign Agricultural Service/USDA                              17                                                February 2024
Global Market Analysis
              Australia Cotton: Production Revised Down on Lower Irrigated Area
              Australia’s marketing year (MY) 2023/24 cotton production is forecast at 4.8 million 480-pound
              bales, down 0.3 million bales or 6 percent from last month and 17 percent from last year. Harvested
              area is estimated at 515,000 hectares (ha), up 50,000 ha or 11 percent from last month and down
              135,000 ha or 21 percent from last year. Industry sources indicate lower irrigated area based on
              survey data. Dryland cotton area is estimated higher due to favorable precipitation in the later
              portion of the planting window. Earlier predictions of rainfall were expected below normal due to
              El Niño. This pattern was observed through October, however, rainfall increased in November
              through January.
              Yield is forecast at 2,029 kilograms per hectare, down 15 percent from last month, but up 4 percent
              from last year. Yield is expected to decrease year-to-year because of an estimated increase in the
              share of the total area sown to dryland cotton this season as compared to last. Dryland cotton yields
              are substantially lower than irrigated yields. Irrigated cotton area comprises about 90 percent of
              Australia’s total cotton production. Dryland cotton planting tends to vary with the seasonal weather
              forecast and prices at sowing.
Foreign Agricultural Service/USDA                              18                                                 February 2024
Global Market Analysis
Foreign Agricultural Service/USDA   19   February 2024
Global Market Analysis
              Cotton and sorghum are the two dominant summer crops in eastern Australia. Cotton planting
              typically begins in September with October being the primary planting month. Harvest begins in
              March and peaks in April. The two major cotton producing states are New South Wales (62
              percent) and Queensland (38 percent) based on the current 3-year average. (For more information,
              please contact James.Crutchfield@usda.gov.)
              African Franc Zone Cotton: Production and Yield Recovers to Near Average Levels
              USDA estimates African Franc Zone cotton production for marketing year (MY) 2023/24 at 4.9
              million 480-pound bales, up 0.9 million bales (23 percent) from last year, but down 0.3 million
              bales (5 percent) from the five-year average. Harvested area is estimated at 2.7 million hectares,
              down 1 percent from the previous year and down 4 percent from the five-year average. Yield is
              estimated at 392 kilograms per hectare, up 24 percent from the previous year, and nearly the same
              as the five-year average. Yields recovered from successful insect control measures after cotton
              leafhoppers, or jassids, devoured last year’s crop and yields were reduced by 20 percent from the
              five-year average.
              Cotton is sown from late May through mid-July and ginning season is from October through
              April. Early gin reports indicate yields have returned to near average despite the fact that all
              countries reported the return of cotton leafhoppers, or jassids. However, this year, insect control
              measures were effective by applying insecticides early in the season. In summary, cotton
              production for all countries is expected to exceed last year’s output, except for Burkina Faso and
              Benin which planted less cotton area than the previous year.
Foreign Agricultural Service/USDA                              20                                                   February 2024
Global Market Analysis
              The African Franc Zone, as defined by WASDE, includes the following ten countries in order of
              estimated MY 2023/24 production (thousand 480-pound bales): Mali (1,300), Benin (1,045),
              Burkina Faso (770), Côte d’Ivoire (745), Cameroon (660), Chad (205), Togo (130), Central
              African Republic (36), Senegal (30), and Niger (9). (For more information, please contact
              Curt.Reynolds@usda.gov.)
Foreign Agricultural Service/USDA                           21                                                February 2024
Global Market Analysis
                                                    World Agricultural Production
                                                    U.S. Department of Agriculture
                                         Foreign Agricultural Service / Global Market Analysis
                                          International Production Assessment Division (IPAD)
                                                Ag Box 1051, Room 4630, South Building
                                                      Washington, DC 20250-1051
                                                         https://ipad.fas.usda.gov/
                                         Telephone: (202) 720-1662            Fax: (202) 720-1158
              This report uses information from the Foreign Agricultural Service’s (FAS) global network of
              agricultural attachés and counselors, official statistics of foreign governments and other foreign
              source materials, and the analysis of economic data and satellite imagery. Estimates of foreign
              area, yield, and production are from the International Production Assessment Division, FAS, and
              are reviewed by USDA’s Inter-Agency Commodity Estimates Committee. Estimates of U.S. area,
              yield, and production are from USDA’s National Agricultural Statistics Service. Numbers within
              the report may not add to totals because of rounding. This report reflects official USDA estimates
              released in the World Agricultural Supply and Demand Estimates (WASDE-584), February 8,
              2024.
              Printed copies are available from the National Technical Information Service. Download
              an order form at http://www.ntis.gov/products/specialty/usda/fas_a-g.asp, or call NTIS at
              1-800-363-2068.
              The FAS International Production Assessment Division prepared this report. The next issue of
              World Agricultural Production will be released after 12:00 p.m. Eastern Time, March 8, 2024.
                                                             Conversion Table
                                                           Metric tons to bushels
                                Wheat, soybeans                      =                 MT * 36.7437
                                Corn, sorghum, rye                   =                 MT * 39.36825
                                Barley                               =                 MT * 45.929625
                                Oats                                 =                 MT * 68.894438
                                                         Metric tons to 480-lb bales
                                Cotton                               =                 MT * 4.592917
                                                        Metric tons to hundredweight
                                Rice                                 =                 MT * 22.04622
                                                               Area & weight
                                1 hectare                           =                  2.471044 acres
                                1 kilogram                          =                  2.204622 pounds
Foreign Agricultural Service/USDA                                    22                                        February 2024
Global Market Analysis
                                                 For further information, contact:
                                                U.S. Department of Agriculture
                                                  Foreign Agricultural Service
                                                    Global Market Analysis
                                          International Production Assessment Division
                                            Ag Box 1051, Room 4630, South Building
                                                   Washington, DC 20250-1051
                                     Telephone: (202) 720-1662              Fax: (202) 720-1158
           GENERAL INFORMATION
           Senior Director                          Ronald Frantz            202-720-4056     ronald.frantz@usda.gov
           Director                                 Robert Tetrault          202-720-1071     robert.tetrault@usda.gov
           Administrative Assistant                 Vacant
           USDA Remote Sensing Advisor              Vacant
           Sr. Analyst/Technical Lead               Curt Reynolds, Ph.D.     202-690-0134     curt.reynolds@usda.gov
           Sr. Analyst/ Satellite Imagery           Dath Mita, Ph.D.         202-720-7339     dath.mita@usda.gov
            Archives Manager/Technical Lead
           Sr. Analyst/Technical Lead               Jim Crutchfield          202-690-0135     james.crutchfield@usda.gov
           GIS Mapping/Imagery Analyst              Lisa Colson              202-720-6652     lisa.colson@usda.gov
           WAP Coordinators                         Ifeoma Collins           202-720-0240     ifeoma.collins@usda.gov
                                                    Shannon Moyo                              shannon.moyo@usda.gov
           COUNTRY- AND REGION-SPECIFIC INFORMATION
           South America, Argentina, Venezuela,      Katie McGaughey           202-720-9210   katie.mcgaughey@usda.gov
             and Colombia
           Western and Central Europe,               Bryan Purcell             202-690-0138   bryan.purcell@usda.gov
             and North Africa
           Russia, Ukraine, Kazakhstan, Moldova,     Iliana Mladenova, Ph.D. 202-690-2315     iliana.mladenova@usda.gov
             and Belarus
           South Asia, Sri Lanka                     Arnella Trent             202-720-0881   arnella.trent@usda.gov
             Bangladesh, India, and Nepal
           East Asia, China, and Japan               Dath Mita, Ph.D.          202-720-7339   dath.mita@usda.gov
           Sub-Saharan Africa,                       Curt Reynolds, Ph.D.      202-690-0134   curt.reynolds@usda.gov
            Nigeria and South Africa
           S.E. Asia, Indonesia, Thailand, Malaysia, Justin Jenkins            202-720-0419   justin.jenkins@usda.gov
            Cambodia and Vietnam
           Central America, Mexico,                  Ifeoma Collins            202-720-0240   ifeoma.collins@usda.gov
              and Western United States
           Australia, New Zealand, Pakistan          Jim Crutchfield           202-690-0135   james.crutchfield@usda.gov
            Papua New Guinea and South Pacific Islands
           Middle East, Central Asia, Afghanistan    Aaron Mulhollen           202-690-0131   aaron.mulhollen@usda.gov
            Iraq, Iran, and Syria
           Canada, Caribbean,                        Shannon Moyo                             shannon.moyo@usda.gov
            Eastern United States
           Brazil                                    Sunita Yadav-Pauletti, Ph.D.             sunita.yadav-pauletti@usda.gov
Foreign Agricultural Service/USDA                                     23                                                   February 2024
Global Market Analysis
              The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD)
              database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply
              and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.
                                                       FAS Reports and Databases:
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              USDA's Foreign Agricultural Service (FAS) publishes a monthly report on crop acreage, yield and production in major
              countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign
              governments, and analysis of economic data and satellite imagery. The reports reflect official USDA estimates
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              global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in
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              World Agricultural Supply and Demand Estimates (WASDE).
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              https://gain.fas.usda.gov/
              USDA's Foreign Agricultural Service (FAS) provides timely reports on foreign markets through the Global
              Agriculture Information Network (GAIN) database. An average of 2,000 reports are added each year, with reports
              going back to 1995. GAIN reports are compiled by FAS’ global market intelligence network, which includes FAS
              foreign service officers and locally engaged staff in over 90 overseas offices world-wide. They provide on-the-ground
              intelligence, insight, and analysis on nearly 200 countries, delivering information on foreign agricultural markets, crop
              conditions, and agro-political dynamics of interest to U.S. agriculture. GAIN reports contain assessments of
              commodity and trade issues made by USDA staff and are not necessarily statements of official U.S. government
              policy.
              Production, Supply and Distribution (PS&D) Online
              https://apps.fas.usda.gov/psdonline/app/index.html#/app/home
              PSD Online is the public repository for USDA’s Official Production, Supply and Distribution forecast data and reports
              for key agricultural commodities. PSD Online data are reviewed and updated monthly by an interagency committee
              chaired by USDA’s World Agricultural Outlook Board (WAOB). The committee consist of representatives from
              Foreign Agricultural Service (FAS), the Economic Research Service (ERS), the Farm Service Agency (FSA), and the
              Agricultural Marketing Service (AMS).
              EU Countries and Russia Wheat: Area and Production Estimates
              https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads (click on PSD Datasets)
              USDA's Foreign Agricultural Service (FAS) provides country-level area and production estimates for the nations of
              the European Union. For Russia, country-level area and production estimates are provided for Winter and Spring
              wheat. These datasets are reviewed and updated monthly by an interagency committee chaired by USDA’s World
              Agricultural Outlook Board (WAOB) and can be downloaded through PSD datasets on PSD Online.
Foreign Agricultural Service/USDA                                        24                                                           February 2024
Global Market Analysis
                                                       FAS Reports and Databases:
              International Production Assessment (IPAD)
              https://ipad.fas.usda.gov/
              USDA's Foreign Agricultural Service (FAS) maintains a dynamic global crop production portal with key information
              including World Agricultural Production (WAP) briefs, Commodity Intelligence Reports (CIR), geospatial
              applications, crop production maps at a subnational level and crop calendars for the top-20 producing countries.
              Additionally, Crop Explorer (https://ipad.fas.usda.gov/cropexplorer/) displays rainfall, temperature,
              evapotranspiration, soil moisture, snow cover, and vegetation conditions in charts and maps.
              USDA and NASA Global Agricultural Monitoring (GLAM)
              https://glam1.gsfc.nasa.gov/
              The USDA and NASA Global Agricultural Monitoring (GLAM) system provides near real-time and science quality
              Moderate Resolution Imaging Spectroradiometer (MODIS) Normalized Difference Vegetation Index (NDVI) from
              the satellites Terra and Aqua. The public can view and retrieve MODIS 8-day composited, global NDVI satellite
              imagery and time series data. GLAM was developed by NASA’s Global Inventory Modeling and Mapping Studies
              (GIMMS) group for USDA’s Foreign Agricultural Service.
              Global Agricultural and Disaster Assessment System (GADAS)
              https://geo.fas.usda.gov/GADAS/index.html
              USDA's Foreign Agricultural Service (FAS) provides the Global Agricultural and Disaster Assessment System
              (GADAS), a web-based Geographic Information System (GIS) tool which integrates a vast array of highly detailed
              earth observation data streams, particularly targeted towards agricultural and disaster assessment analysis. GADAS is
              an interactive website which provides analysts with a wide variety of routine geospatial products (maps, charts, tables)
              they require for comprehensive situational investigations and recurring assessments.
              Export Sales Reporting
              https://apps.fas.usda.gov/esrquery/
              USDA’s Export Sales Reporting Program monitors U.S. agricultural export sales on a daily and weekly basis. Export
              sales reporting provides a constant stream of up-to-date market information for 40 U.S. agricultural commodities sold
              abroad. The weekly U.S. Export Sales report is the most currently available source of U.S. exports sales data. The data
              is used to analyze overall levels of export demand, determine where markets exit, and assess the relative position of
              U.S. commodities in foreign markets.
              Global Agricultural Trade System (GATS)
              https://apps.fas.usda.gov/gats/default.aspx
              The Global Agricultural Trade System (GATS) is a searchable database containing monthly U.S. Census Bureau trade
              data organized by agricultural commodity and agricultural related product groups. Trade data is searchable by partner
              countries and partner groups. Historical U.S. agricultural trade data is available back to 1967. In addition, U.N. trade
              statistics (UN Comtrade) may be queried through GATS. UN trade data is available for nearly 200 countries or areas,
              dating from the inception of the Harmonized System (HS) of trade codes in 1989 to present. The database is
              continuously updated. U.S. trade data is updated monthly according to the U.S. Census Bureau’s reporting system.
              UN Comtrade data are updated in GATS after nationally submitted data to the UN are standardized by the UN
              Statistical Division and added to the UN Comtrade database.
                                                      Other USDA Reports:
                                    World Agricultural Supply and Demand Estimates (WASDE):
                                           http://www.usda.gov/oce/commodity/wasde/
                                                    Economic Research Service:
                                               http://www.ers.usda.gov/topics/crops
                                              National Agricultural Statistics Service:
                                              http://www.nass.usda.gov/Publications/
Foreign Agricultural Service/USDA                                       25                                                           February 2024
Global Market Analysis
                                                                                             Table 01 World Crop Production Summary
                                                                                                                Million Metric Tons
                           World        Total       North      North      North     Former        Former     Europea        Asia      Asia         Asia          Asia          Asia          South      South      Selected        Selected    Selected      All
                            -          Foreign     America    America    America    Soviet        Soviet        n          (WAP)     (WAP)        (WAP)         (WAP)         (WAP)         America    America      Other           Other       Other      Others
          Commodity
                            none        none       United     Canada     Mexico     Russia        Ukraine     none         China      India        Indo-        Paki-         Thai-         Argen-      Brazil      Aus-            South      Turkey      none
                              -           -        States        -         -          -              -          -            -          -          nesia        stan          land           tina         -         tralia          Africa        -          -
                                                                                                                             ---Million metric tons---
      Wheat
       2021/22                780.1       735.2        44.8       22.4        3.3       75.2          33.0            nr     136.9       109.6            0.0       27.5              0.0       22.2         7.7        36.2             2.3        16.0      243.0
       2022/23 prel.          789.2       744.3        44.9       34.3        3.6       92.0          21.5            nr     137.7       104.0            0.0       26.4              0.0       12.6        10.6        40.5             2.1        17.3      241.7
       2023/24 proj.
                 Jan          784.9       735.6        49.3       32.0        3.5       91.0          23.4            nr     136.6       110.6            0.0       28.0              0.0       15.0         8.4        25.5             2.2        19.5      240.0
                 Feb          785.7       736.4        49.3       32.0        3.5       91.0          23.4            nr     136.6       110.6            0.0       28.0              0.0       15.5         8.1        25.5             2.2        19.5      240.7
      Coarse Grains
       2021/22               1,500.8     1,104.5      396.3       25.1       32.8       38.5          53.5            nr     280.9         51.4          12.7       11.0              5.4       58.6       120.6        19.2            16.6        11.6      366.6
       2022/23 prel.         1,446.3     1,089.9      356.4       30.5       33.9       44.1          33.9            nr     285.5         56.8          12.9           9.9           5.3       41.8       141.6        18.8            17.5        14.8      342.6
       2023/24 proj.
                 Jan         1,513.8     1,111.0      402.9       27.2       31.3       42.9          37.6            nr     297.1         53.5          12.9       11.0              5.5       63.3       132.3        13.3            17.3        16.8      348.8
                 Feb         1,510.1     1,107.2      402.9       27.2       30.4       42.9          37.6            nr     297.1         54.0          12.9       11.0              5.5       63.3       129.3        13.3            17.4        17.0      348.3
      Rice, Milled
       2021/22                513.1       507.0         6.1        0.0        0.2        0.7           0.0            nr     149.0       129.5           34.4           9.3       19.9           0.8         7.3             0.5         0.0         0.5      154.9
       2022/23 prel.          513.0       507.9         5.1        0.0        0.1        0.6           0.0            nr     145.9       135.8           34.0           5.5       20.9           0.8         7.0             0.4         0.0         0.6      156.3
       2023/24 proj.
                 Jan          513.5       506.6         6.9        0.0        0.2        0.7           0.0            nr     144.6       132.0           33.5           9.0       20.0           0.9         7.5             0.5         0.0         0.5      157.2
                 Feb          513.7       506.8         6.9        0.0        0.2        0.7           0.0            nr     144.6       132.0           33.5           9.0       20.0           0.9         7.5             0.5         0.0         0.5      157.4
      Total Grains
       2021/22               2,793.9     2,346.8      447.2       47.5       36.2      114.4          86.6            nr     566.8       290.4           47.1       47.8          25.2          81.6       135.7        56.0            18.9        28.1      764.5
       2022/23 prel.         2,748.5     2,342.0      406.4       64.9       37.6      136.7          55.4            nr     569.2       296.5           46.9       41.8          26.2          55.1       159.2        59.8            19.6        32.6      740.5
       2023/24 proj.
                 Jan         2,812.3     2,353.2      459.1       59.1       34.9      134.7          61.0            nr     578.4       296.1           46.4       48.0          25.5          79.1       148.2        39.4            19.5        36.8      746.1
                 Feb         2,809.6     2,350.4      459.1       59.1       34.0      134.7          61.0            nr     578.4       296.6           46.4       48.0          25.5          79.6       144.9        39.4            19.6        37.0      746.4
      Oilseeds
       2021/22                611.8       480.5       131.3       20.5        0.9       23.1          24.3            nr      62.1         43.2          14.3           3.3           1.0       49.9       135.2             8.7         3.4         3.5       87.2
       2022/23 prel.          637.2       511.5       125.8       25.3        0.9       26.6          19.8            nr      67.9         42.4          15.0           2.7           1.0       31.5       167.0        10.1             3.8         4.0       93.5
       2023/24 proj.
                 Jan          660.2       537.8       122.4       25.9        0.6       28.0          24.0            nr      67.9         40.8          14.9           3.8           1.0       56.1       162.9             7.1         3.8         3.1       97.7
                 Feb          659.4       537.0       122.4       25.9        0.6       28.0          24.0            nr      67.3         41.2          15.1           3.8           1.0       56.1       161.9             7.0         3.8         3.1       98.1
      Cotton
       2021/22                114.5        97.0        17.5        0.0        1.2        0.0           0.0           1.7      26.8         24.3           0.0           6.0           0.0        1.5        10.8             5.9         0.1         3.8       15.0
       2022/23 prel.          116.3       101.8        14.5        0.0        1.6        0.0           0.0           1.6      30.7         26.3           0.0           3.9           0.0        1.2        11.7             5.8         0.1         4.9       14.0
       2023/24 proj.
                 Jan          113.2       100.7        12.4        0.0        0.9        0.0           0.0           1.1      27.5         25.0           0.0           6.7           0.0        1.7        14.6             5.1         0.1         3.2       14.9
                 Feb          112.8       100.4        12.4        0.0        0.9        0.0           0.0           1.1      27.5         25.0           0.0           6.7           0.0        1.7        14.6             4.8         0.1         3.2       14.9
       1/ Includes wheat, coarse grains, and rice (milled) shown above.
Foreign Agricultural Service/USDA                                                            26                                                                                       February 2024
Global Market Analysis
                                                                                   Table 02 Wheat Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                            221.68      219.56    223.04     222.69          3.52       3.59      3.52         3.53     780.05       789.17     784.91      785.74        0.83       0.11    -3.43      -0.44
     United States                     15.03       14.36     15.08      15.08          2.98       3.13      3.27         3.27      44.80        44.90      49.31       49.31        0.00       0.00     4.42       9.84
     Total Foreign                    206.65      205.20    207.96     207.60          3.56       3.63      3.54         3.55     735.25       744.28     735.59      736.43        0.83       0.11    -7.85      -1.05
     none
     European Union                    24.29       24.38     24.22      24.22          5.69       5.50      5.55         5.53     138.16       134.19     134.30      134.00       -0.30      -0.22    -0.19      -0.14
     United Kingdom                     1.79        1.81      1.73          1.73       7.81       8.59      8.29         8.12      13.99        15.54      14.30       14.00       -0.30      -2.10    -1.54      -9.91
     Serbia                             0.60        0.62      0.73          0.73       5.71       5.16      4.97         4.97       3.40         3.20          3.60       3.60      0.00       0.00     0.40      12.50
     China                             23.57       23.52     23.63      23.63          5.81       5.86      5.78         5.78     136.95       137.72     136.59      136.59        0.00       0.00    -1.13      -0.82
     South Asia
      India                            31.13       30.46     31.40      31.40          3.52       3.41      3.52         3.52     109.59       104.00     110.55      110.55        0.00       0.00     6.55       6.30
      Pakistan                          9.17        9.00      8.86          8.86       3.00       2.93      3.16         3.16      27.46        26.40      28.00       28.00        0.00       0.00     1.60       6.06
      Afghanistan                       2.05        1.86      2.35          2.35       1.96       2.05      2.20         2.20       4.02         3.80          5.17       5.17      0.00       0.00     1.37      35.98
      Nepal                             0.72        0.72      0.72          0.72       2.99       2.98      2.90         2.90       2.15         2.15          2.09       2.09      0.00       0.00    -0.06      -2.56
     Former Soviet Union - 12
      Russia                           27.63       29.00     28.80      28.80          2.72       3.17      3.16         3.16      75.16        92.00      91.00       91.00        0.00       0.00    -1.00      -1.09
      Russia Winter                    15.22       16.30     15.30      15.30          3.43       4.17      4.18         4.18      52.19        68.00      64.00       64.00        0.00       0.00    -4.00      -5.88
      Russia Spring                    12.41       12.70     13.50      13.50          1.85       1.89      2.00         2.00      22.96        24.00      27.00       27.00        0.00       0.00     3.00      12.50
      Ukraine                           7.41        5.60      5.05          5.05       4.45       3.84      4.63         4.63      33.01        21.50      23.40       23.40        0.00       0.00     1.90       8.84
      Kazakhstan                       12.72       12.81     13.60      13.13          0.93       1.28      0.88         0.92      11.81        16.40      12.00       12.11        0.11       0.93    -4.29     -26.17
      Uzbekistan                        1.24        1.26      1.40          1.40       4.83       4.99      4.50         4.62       5.99         6.27          6.30       6.46      0.16       2.57     0.19       3.06
      Belarus                           0.65        0.68      0.68          0.68       3.54       3.48      3.38         3.38       2.30         2.35          2.30       2.30      0.00       0.00    -0.05      -2.13
     Canada                             9.20       10.08     10.68      10.68          2.44       3.41      2.99         2.99      22.42        34.34      31.95       31.95        0.00       0.00    -2.38      -6.93
     South America
      Argentina                         6.55        5.50      5.50          5.50       3.38       2.28      2.73         2.82      22.15        12.55      15.00       15.50        0.50       3.33     2.95      23.51
      Brazil                            2.74        3.09      3.47          3.47       2.81       3.43      2.42         2.33       7.70        10.60          8.40       8.10     -0.30      -3.57    -2.50     -23.58
     Australia                         12.73       13.05     12.50      12.50          2.85       3.11      2.04         2.04      36.24        40.55      25.50       25.50        0.00       0.00   -15.05     -37.11
     Africa
      Egypt                             1.44        1.45      1.35          1.35       6.85       6.55      6.57         6.57       9.84         9.50          8.87       8.87      0.00       0.00    -0.63      -6.63
      Morocco                           2.87        2.44      2.55          2.50       2.63       1.11      1.63         1.66       7.54         2.71          4.16       4.16      0.00       0.00     1.45      53.62
      Algeria                           1.80        1.80      2.08          1.80       1.39       2.00      1.30         1.50       2.50         3.60          2.70       2.70      0.00       0.00    -0.90     -25.00
      Ethiopia                          1.95        1.90      1.80          1.86       2.83       3.05      2.89         2.80       5.52         5.80          5.20       5.20      0.00       0.00    -0.60     -10.34
     Middle East
      Turkey                            7.05        6.80      7.20          7.20       2.27       2.54      2.71         2.71      16.00        17.25      19.50       19.50        0.00       0.00     2.25      13.04
      Iran                              6.00        6.20      6.20          6.20       2.00       2.13      2.26         2.26      12.00        13.20      14.00       14.00        0.00       0.00     0.80       6.06
      Iraq                              2.00        2.10      2.20          2.60       1.75       1.52      1.91         2.00       3.50         3.20          4.20       5.20      1.00      23.81     2.00      62.50
      Syria                             1.57        1.18      1.20          1.20       1.25       1.31      2.00         2.00       1.95         1.55          2.40       2.40      0.00       0.00     0.85      54.64
     Mexico                             0.55        0.59      0.56          0.56       6.00       6.07      6.23         6.23       3.28         3.57          3.46       3.46      0.00       0.00    -0.12      -3.28
     Others                             7.26        7.31      7.52          7.50       2.84       2.78      2.75         2.75      20.63        20.35      20.65       20.61       -0.04      -0.19     0.27       1.31
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    27                                                                  February 2024
Global Market Analysis
                                                                        Table 03 Total Coarse Grain Area, Yield, and Production
                                                       Area                                          Yield                                         Production                             Change in Production
                                                (Million hectares)                         (Metric tons per hectare)                         (Million metric tons)
             Country / Region
                                                  Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                         Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22      2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22      2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                            343.42       334.40    339.46     338.68          4.37       4.33      4.46         4.46    1,500.79     1,446.34   1,513.85      1,510.08     -3.77      -0.25   63.74        4.41
     United States                      38.21       35.18     38.99      38.99         10.37      10.13     10.33       10.33      396.30        356.45     402.89       402.89       0.00       0.00   46.44       13.03
     Total Foreign                    305.21       299.23    300.47     299.70          3.62       3.64      3.70         3.69    1,104.50     1,089.89   1,110.96      1,107.19     -3.77      -0.34   17.30        1.59
     none
     China                              45.77       45.52     46.65      46.65          6.14       6.27      6.37         6.37     280.85        285.50     297.14       297.14       0.00       0.00   11.64        4.08
     European Union                     27.70       26.56     25.88      25.88          5.59       5.01      5.21         5.21     154.84        133.04     134.78       134.78       0.00       0.00     1.74       1.31
     United Kingdom                      1.43        1.34      1.36          1.36       5.88       6.46      5.96         5.96        8.41         8.67          8.13       8.13      0.00       0.00    -0.54      -6.25
     South America
      Brazil                            23.37       24.10     24.27      23.77          5.16       5.88      5.45         5.44     120.62        141.60     132.33       129.33      -3.00      -2.27   -12.28      -8.67
      Argentina                          9.62        9.14      9.28          9.28       6.10       4.58      6.82         6.82      58.64         41.84      63.28        63.28       0.00       0.00   21.44       51.24
     Former Soviet Union - 12
      Russia                            14.01       13.60     13.10      13.10          2.75       3.25      3.28         3.28      38.54         44.13      42.94        42.94       0.00       0.00    -1.19      -2.70
      Ukraine                            8.66        6.32      6.02          6.02       6.18       5.37      6.25         6.25      53.51         33.93      37.62        37.62       0.00       0.00     3.70      10.89
      Kazakhstan                         2.63        2.63      2.95          2.87       1.43       1.79      1.39         1.40        3.76         4.71          4.10       4.01     -0.09      -2.17    -0.71     -14.96
      Belarus                            0.99        1.03      1.05          1.05       3.05       3.11      3.09         3.09        3.00         3.20          3.23       3.23      0.00       0.00     0.03       0.94
     Africa
      Nigeria                           13.70       13.50     13.40      13.40          1.56       1.59      1.54         1.54      21.40         21.51      20.70        20.70       0.00       0.00    -0.81      -3.75
      South Africa                       3.19        3.13      3.20          3.20       5.22       5.61      5.42         5.43      16.64         17.53      17.35        17.37       0.02       0.11    -0.16      -0.91
      Tanzania                           5.74        5.30      5.30          5.30       1.47       1.36      1.36         1.36        8.45         7.23          7.23       7.23      0.00       0.00     0.00       0.00
      Burkina Faso                       4.20        4.20      4.20          4.20       1.00       1.13      1.13         1.13        4.20         4.73          4.75       4.75      0.00       0.00     0.02       0.38
      Ethiopia                           5.60        5.42      5.65          5.65       3.10       3.18      3.24         3.24      17.37         17.20      18.30        18.30       0.00       0.00     1.10       6.38
      Egypt                              1.11        1.10      1.18          1.12       7.48       7.52      6.81         7.17        8.29         8.28          8.06       8.04     -0.02      -0.22    -0.24      -2.92
      Mali                               5.16        4.80      4.80          4.80       1.23       1.49      1.42         1.42        6.34         7.15          6.80       6.80      0.00       0.00    -0.35      -4.87
     India                              22.84       23.90     24.43      24.63          2.25       2.38      2.19         2.19      51.39         56.78      53.51        54.01       0.50       0.93    -2.76      -4.87
     Southeast Asia
      Indonesia                          3.90        3.95      4.00          4.00       3.26       3.27      3.23         3.23      12.70         12.90      12.90        12.90       0.00       0.00     0.00       0.00
      Philippines                        2.56        2.50      2.57          2.57       3.26       3.32      3.27         3.23        8.34         8.30          8.40       8.30     -0.10      -1.19     0.00       0.00
      Vietnam                            0.90        0.89      0.83          0.83       4.92       4.99      4.94         4.94        4.45         4.42          4.10       4.10      0.00       0.00    -0.32      -7.30
      Thailand                           1.23        1.21      1.28          1.28       4.36       4.35      4.27         4.27        5.35         5.25          5.45       5.45      0.00       0.00     0.20       3.81
     Mexico                              8.88        8.64      8.29          8.04       3.69       3.92      3.78         3.78      32.79         33.88      31.31        30.36      -0.95      -3.03    -3.52     -10.40
     Canada                              5.91        5.74      5.24          5.24       4.25       5.32      5.19         5.19      25.12         30.54      27.16        27.16       0.00       0.00    -3.37     -11.04
     Australia                           6.69        5.69      5.63          5.63       2.87       3.31      2.37         2.37      19.22         18.84      13.34        13.34       0.00       0.00    -5.50     -29.18
     Middle East
      Turkey                             4.46        4.55      4.57          4.57       2.60       3.25      3.67         3.72      11.58         14.77      16.77        16.97       0.20       1.19     2.20      14.89
      Iran                               1.91        1.86      1.86          1.86       2.16       2.38      2.38         2.38        4.12         4.42          4.42       4.42      0.00       0.00     0.00      -0.02
     Others                             73.06       72.64     73.51      73.43          1.71       1.65      1.73         1.72     124.58        119.55     126.88       126.55      -0.33      -0.26     6.99       5.85
       World and Selected Countries and Regions; Coarse Grain includes: Barley, Corn, Millet, Mixed Grains, Oats, Rye and Sorghum
Foreign Agricultural Service/USDA                                                     28                                                                   February 2024
Global Market Analysis
                                                                                    Table 04 Corn Area, Yield, and Production
                                                      Area                                          Yield                                         Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                         (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                         Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22      2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                            206.16      200.41    204.00     203.53          5.90       5.77      6.06         6.06    1,215.93     1,155.94   1,235.73      1,232.57     -3.16      -0.26   76.64        6.63
     United States                     34.39       31.85     35.01      35.01         11.09      10.89     11.13       11.13      381.47        346.74     389.69       389.69       0.00       0.00   42.96       12.39
     Total Foreign                    171.76      168.56    168.99     168.51          4.86       4.80      5.01         5.00     834.46        809.20     846.04       842.88      -3.16      -0.37   33.68        4.16
     none
     China                             43.32       43.07     44.22      44.22          6.29       6.44      6.53         6.53     272.55        277.20     288.84       288.84       0.00       0.00   11.64        4.20
     South America
      Brazil                           21.80       22.40     22.40      21.90          5.32       6.12      5.67         5.66     116.00        137.00     127.00       124.00      -3.00      -2.36   -13.00      -9.49
      Argentina                         7.10        6.70      6.90          6.90       6.97       5.22      7.97         7.97      49.50         35.00      55.00        55.00       0.00       0.00   20.00       57.14
      Bolivia                           0.41        0.44      0.43          0.43       2.42       2.52      2.62         2.62        0.99         1.10          1.13       1.13      0.00       0.00     0.03       2.27
     European Union                     9.23        8.84      8.28          8.28       7.75       5.93      7.26         7.26      71.55         52.40      60.10        60.10       0.00       0.00     7.70      14.69
     Africa
      South Africa                      3.00        2.95      3.00          3.00       5.38       5.81      5.60         5.60      16.14         17.10      16.80        16.80       0.00       0.00    -0.30      -1.75
      Nigeria                           6.00        5.80      5.70          5.70       2.12       2.20      2.11         2.11      12.75         12.74      12.00        12.00       0.00       0.00    -0.74      -5.77
      Ethiopia                          2.53        2.55      2.56          2.56       3.72       4.00      4.06         4.06        9.40        10.20      10.40        10.40       0.00       0.00     0.20       1.96
      Egypt                             0.93        0.93      0.95          0.95       8.00       8.00      7.58         7.58        7.44         7.44          7.20       7.20      0.00       0.00    -0.24      -3.23
      Tanzania                          4.40        4.00      4.00          4.00       1.60       1.48      1.48         1.48        7.04         5.90          5.90       5.90      0.00       0.00     0.00       0.00
      Malawi                            1.75        1.82      1.79          1.79       2.62       2.05      1.96         1.96        4.58         3.72          3.51       3.51      0.00       0.00    -0.21      -5.57
      Zambia                            1.41        1.37      1.42          1.42       2.57       1.94      2.30         2.30        3.62         2.65          3.26       3.26      0.00       0.00     0.61      22.95
      Kenya                             2.17        1.90      2.00          2.00       1.52       1.53      1.60         1.60        3.30         2.90          3.20       3.20      0.00       0.00     0.30      10.34
      Uganda                            1.10        1.10      1.10          1.10       2.55       2.55      2.55         2.55        2.80         2.80          2.80       2.80      0.00       0.00     0.00       0.00
      Zimbabwe                          0.96        1.00      1.00          1.00       1.53       1.45      1.50         1.50        1.47         1.45          1.50       1.50      0.00       0.00     0.05       3.23
     Former Soviet Union - 12
      Ukraine                           5.49        4.05      4.00          4.00       7.68       6.67      7.63         7.63      42.13         27.00      30.50        30.50       0.00       0.00     3.50      12.96
      Russia                            2.90        2.64      2.58          2.58       5.25       6.00      6.60         6.60      15.23         15.83      17.00        17.00       0.00       0.00     1.17       7.38
     South Asia
      India                             9.96       10.74     10.20      10.40          3.39       3.54      3.43         3.41      33.73         38.09      35.00        35.50       0.50       1.43    -2.59      -6.79
      Pakistan                          1.65        1.60      1.65          1.65       6.43       5.83      6.36         6.36      10.64          9.33      10.50        10.50       0.00       0.00     1.17      12.53
      Nepal                             0.97        0.97      0.97          0.97       2.82       2.82      2.82         2.82        2.72         2.72          2.72       2.72      0.00       0.00     0.00       0.00
     Southeast Asia
      Indonesia                         3.90        3.95      4.00          4.00       3.26       3.27      3.23         3.23      12.70         12.90      12.90        12.90       0.00       0.00     0.00       0.00
      Philippines                       2.56        2.50      2.57          2.57       3.26       3.32      3.27         3.23        8.34         8.30          8.40       8.30     -0.10      -1.19     0.00       0.00
      Vietnam                           0.90        0.89      0.83          0.83       4.92       4.99      4.94         4.94        4.45         4.42          4.10       4.10      0.00       0.00    -0.32      -7.30
      Thailand                          1.20        1.18      1.25          1.25       4.42       4.41      4.32         4.32        5.30         5.20          5.40       5.40      0.00       0.00     0.20       3.85
     Mexico                             7.09        6.89      6.52          6.40       3.77       4.07      3.91         3.91      26.76         28.08      25.50        25.00      -0.50      -1.96    -3.08     -10.96
     Canada                             1.46        1.44      1.52          1.52       9.99      10.07      9.92         9.92      14.61         14.54      15.08        15.08       0.00       0.00     0.54       3.69
     Turkey                             0.54        0.53      0.65          0.65      12.04      12.83     12.62       12.92         6.50         6.80          8.20       8.40      0.20       2.44     1.60      23.53
     Others                            27.03       26.33     26.52      26.46          2.67       2.52      2.72         2.72      72.24         66.39      72.10        71.84      -0.26      -0.36     5.45       8.21
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    29                                                                   February 2024
Global Market Analysis
                                                                                   Table 05 Barley Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             49.72       47.20     47.33      47.16          2.92       3.21      3.02         3.03     145.35       151.61     142.87      142.78       -0.09      -0.06    -8.83      -5.83
     United States                      0.81        0.98      1.03          1.03       3.25       3.86      3.90         3.90       2.63         3.79          4.03       4.03      0.00       0.00     0.24       6.39
     Total Foreign                     48.91       46.22     46.29      46.13          2.92       3.20      3.00         3.01     142.72       147.83     138.84      138.75       -0.09      -0.06    -9.07      -6.14
     none
     European Union                    10.27       10.30     10.30      10.30          5.06       5.02      4.61         4.61      52.01        51.69      47.50       47.50        0.00       0.00    -4.19      -8.11
     United Kingdom                     1.15        1.10      1.13          1.13       6.05       6.69      6.22         6.22       6.96         7.39          7.00       7.00      0.00       0.00    -0.39      -5.21
     Former Soviet Union - 12
      Russia                            7.69        7.75      7.63          7.63       2.28       2.77      2.69         2.69      17.51        21.50      20.50       20.50        0.00       0.00    -1.00      -4.65
      Ukraine                           2.68        1.95      1.70          1.70       3.70       3.13      3.74         3.74       9.92         6.10          6.35       6.35      0.00       0.00     0.25       4.10
      Kazakhstan                        2.16        2.18      2.50          2.43       1.10       1.51      1.08         1.08       2.37         3.29          2.70       2.61     -0.09      -3.19    -0.67     -20.47
      Belarus                           0.35        0.40      0.40          0.40       2.86       2.75      2.75         2.75       1.00         1.10          1.10       1.10      0.00       0.00     0.00       0.00
      Azerbaijan                        0.37        0.38      0.38          0.38       3.07       2.93      2.93         2.93       1.15         1.10          1.10       1.10      0.00       0.00     0.00       0.00
     Canada                             3.01        2.64      2.70          2.70       2.32       3.79      3.30         3.30       6.98         9.99          8.90       8.90      0.00       0.00    -1.09     -10.92
     Australia                          5.10        4.13      4.20          4.20       2.81       3.43      2.38         2.38      14.34        14.14      10.00       10.00        0.00       0.00    -4.14     -29.26
     Middle East
      Turkey                            3.70        3.80      3.70          3.70       1.22       1.95      2.16         2.16       4.50         7.40          8.00       8.00      0.00       0.00     0.60       8.11
      Iran                              1.70        1.65      1.65          1.65       1.59       1.82      1.82         1.82       2.70         3.00          3.00       3.00      0.00       0.00     0.00       0.00
      Iraq                              0.60        0.60      0.60          0.60       1.17       1.13      1.33         1.33       0.70         0.68          0.80       0.80      0.00       0.00     0.12      17.65
      Syria                             1.44        0.90      0.90          0.90       0.18       0.78      1.22         1.22       0.25         0.70          1.10       1.10      0.00       0.00     0.40      57.14
     Africa
      Ethiopia                          0.96        0.98      0.98          0.98       2.45       2.22      2.46         2.46       2.35         2.18          2.40       2.40      0.00       0.00     0.22       9.89
      Morocco                           1.49        1.14      1.20          1.17       1.87       0.61      1.13         1.15       2.78         0.70          1.35       1.35      0.00       0.00     0.65      93.97
      Algeria                           1.03        1.03      1.03          1.03       0.93       1.56      1.00         1.00       0.95         1.60          1.03       1.03      0.00       0.00    -0.58     -35.94
      Tunisia                           0.28        0.30      0.20          0.20       1.54       1.53      0.85         0.85       0.43         0.46          0.17       0.17      0.00       0.00    -0.29     -63.04
      South Africa                      0.10        0.10      0.11          0.11       3.52       2.99      3.27         3.41       0.33         0.30          0.36       0.38      0.02       4.17     0.07      24.17
     South America
      Argentina                         1.34        1.58      1.40          1.40       3.96       2.93      3.57         3.57       5.30         4.62          5.00       5.00      0.00       0.00     0.38       8.23
      Uruguay                           0.22        0.21      0.18          0.18       4.11       4.25      3.89         3.89       0.92         0.90          0.70       0.70      0.00       0.00    -0.20     -21.96
      Brazil                            0.11        0.12      0.13          0.13       3.79       3.92      3.96         3.96       0.43         0.48          0.50       0.50      0.00       0.00     0.01       2.70
     India                              0.59        0.45      0.63          0.63       2.80       3.03      3.05         3.05       1.66         1.37          1.91       1.91      0.00       0.00     0.54      39.53
     China                              0.51        0.51      0.50          0.50       3.92       3.92      4.00         4.00       2.00         2.00          2.00       2.00      0.00       0.00     0.00       0.00
     Mexico                             0.35        0.30      0.33          0.33       3.11       2.69      2.92         2.92       1.09         0.80          0.95       0.95      0.00       0.00     0.16      19.50
     Afghanistan                        0.04        0.06      0.08          0.08       1.63       1.53      1.38         1.38       0.07         0.10          0.11       0.11      0.00       0.00     0.02      15.79
     Others                             1.68        1.68      1.77          1.71       2.40       2.54      2.44         2.52       4.04         4.26          4.32       4.31     -0.02      -0.42     0.05       1.13
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    30                                                                  February 2024
Global Market Analysis
                                                                                    Table 06 Oats Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                              9.63        9.32      8.29          8.29       2.36       2.69      2.34         2.34      22.69        25.13      19.42       19.36       -0.06      -0.33    -5.77     -22.95
     United States                      0.26        0.36      0.34          0.34       2.20       2.35      2.46         2.46       0.58         0.84          0.83       0.83      0.00       0.00    -0.01      -1.08
     Total Foreign                      9.36        8.97      7.95          7.95       2.36       2.71      2.34         2.33      22.11        24.29      18.60       18.53       -0.06      -0.34    -5.76     -23.70
     none
     European Union                     2.54        2.34      2.24          2.24       2.94       3.17      2.63         2.63       7.47         7.41          5.90       5.90      0.00       0.00    -1.51     -20.37
     Former Soviet Union - 12
      Russia                            2.17        2.13      1.80          1.80       1.72       2.11      1.83         1.83       3.73         4.50          3.30       3.30      0.00       0.00    -1.20     -26.67
      Ukraine                           0.18        0.15      0.15          0.15       2.61       2.47      2.33         2.33       0.48         0.38          0.35       0.35      0.00       0.00    -0.03      -7.89
      Belarus                           0.15        0.16      0.16          0.16       2.33       2.42      2.26         2.26       0.35         0.38          0.35       0.35      0.00       0.00    -0.03      -6.67
      Kazakhstan                        0.20        0.20      0.19          0.19       0.90       1.16      1.16         0.79       0.18         0.23          0.22       0.15     -0.07     -31.82    -0.08     -34.50
     Canada                             1.21        1.40      0.82          0.82       2.39       3.73      3.20         3.20       2.90         5.23          2.64       2.64      0.00       0.00    -2.59     -49.56
     South America
      Argentina                         0.35        0.26      0.29          0.29       2.07       1.67      2.14         2.14       0.73         0.43          0.61       0.61      0.00       0.00     0.18      42.19
      Brazil                            0.50        0.50      0.51          0.51       2.27       2.38      2.39         2.39       1.14         1.19          1.22       1.22      0.00       0.00     0.03       2.52
      Chile                             0.12        0.07      0.10          0.10       4.70       4.38      4.74         4.74       0.58         0.32          0.45       0.45      0.00       0.00     0.14      42.86
      Uruguay                           0.01        0.02      0.01          0.01       2.21       2.40      2.20         2.20       0.03         0.04          0.02       0.02      0.00       0.00    -0.01     -38.89
     Oceania
      Australia                         0.84        0.75      0.70          0.70       2.06       2.13      1.57         1.57       1.74         1.59          1.10       1.10      0.00       0.00    -0.49     -30.69
      New Zealand                       0.00        0.01      0.00          0.00       6.25       6.60      6.50         6.50       0.03         0.03          0.03       0.03      0.00       0.00    -0.01     -21.21
     China                              0.41        0.41      0.41          0.41       1.48       1.48      1.48         1.48       0.60         0.60          0.60       0.60      0.00       0.00     0.00       0.00
     Africa
      Algeria                           0.08        0.08      0.08          0.08       1.31       1.31      1.31         1.31       0.11         0.11          0.11       0.11      0.00       0.00     0.00       0.00
      Morocco                           0.02        0.01      0.01          0.02       0.33       0.31      0.31         0.40       0.01         0.00          0.00       0.01      0.00      50.00     0.00      50.00
      South Africa                      0.04        0.03      0.03          0.03       1.64       1.04      1.29         1.43       0.06         0.03          0.04       0.04      0.00      11.11     0.01      42.86
     Other Europe
      United Kingdom                    0.20        0.17      0.17          0.17       5.62       5.79      5.15         5.15       1.12         1.01          0.85       0.85      0.00       0.00    -0.16     -15.59
      Norway                            0.07        0.07      0.07          0.07       4.29       4.29      4.29         4.29       0.30         0.30          0.30       0.30      0.00       0.00     0.00       0.00
      Serbia                            0.02        0.02      0.02          0.02       3.11       2.80      3.00         3.00       0.06         0.04          0.06       0.06      0.00       0.00     0.02      42.86
      Albania                           0.02        0.02      0.02          0.02       2.20       2.27      2.27         2.27       0.03         0.03          0.03       0.03      0.00       0.00     0.00       0.00
      Bosnia and Herzegovina            0.01        0.01      0.01          0.01       2.82       4.00      3.43         3.43       0.03         0.04          0.02       0.02      0.00       0.00    -0.02     -45.45
     Turkey                             0.11        0.11      0.11          0.11       2.38       2.38      2.38         2.38       0.25         0.25          0.25       0.25      0.00       0.00     0.00       0.00
     Mexico                             0.05        0.05      0.03          0.03       2.02       2.22      2.20         2.20       0.09         0.11          0.06       0.06      0.00       0.00    -0.06     -51.33
     Others                             0.06        0.03      0.06          0.06       1.66       1.63      1.68         1.68       0.10         0.05          0.09       0.09      0.00       0.00     0.04      80.77
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    31                                                                  February 2024
Global Market Analysis
                                                                                    Table 07 Rye Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                              4.03        3.70      3.61          3.61       3.10       3.32      3.21         3.21      12.52        12.27      11.60       11.58       -0.01      -0.10    -0.69      -5.60
     United States                      0.12        0.14      0.13          0.13       2.09       2.26      2.03         2.03       0.25         0.32          0.26       0.26      0.00       0.00    -0.05     -16.46
     Total Foreign                      3.92        3.56      3.48          3.48       3.13       3.36      3.26         3.26      12.27        11.96      11.33       11.32       -0.01      -0.11    -0.64      -5.31
     none
     European Union                     1.93        1.77      1.85          1.85       4.16       4.30      4.10         4.10       8.01         7.61          7.58       7.58      0.00       0.00    -0.03      -0.39
     Former Soviet Union - 12
      Russia                            0.99        0.88      0.80          0.80       1.73       2.27      2.13         2.13       1.72         2.00          1.70       1.70      0.00       0.00    -0.30     -15.00
      Belarus                           0.33        0.30      0.31          0.31       2.46       2.50      2.52         2.52       0.80         0.75          0.78       0.78      0.00       0.00     0.03       4.00
      Ukraine                           0.18        0.10      0.08          0.08       3.43       3.15      2.88         2.88       0.60         0.32          0.23       0.23      0.00       0.00    -0.09     -26.98
      Kazakhstan                        0.04        0.03      0.02          0.02       0.91       1.76      1.36         0.86       0.04         0.06          0.03       0.02     -0.01     -40.00    -0.04     -70.00
     Turkey                             0.12        0.11      0.11          0.11       2.87       2.91      2.91         2.91       0.33         0.32          0.32       0.32      0.00       0.00     0.00       0.00
     Canada                             0.12        0.15      0.12          0.12       3.21       3.42      3.09         3.09       0.37         0.52          0.36       0.36      0.00       0.00    -0.16     -31.15
     South America
      Chile                             0.00        0.00      0.00          0.00       5.00       5.00      0.00         0.00       0.01         0.01          0.00       0.00      0.00     100.00    -0.01    -100.00
      Argentina                         0.12        0.11      0.09          0.09       1.88       1.66      1.83         1.83       0.23         0.18          0.17       0.17      0.00       0.00    -0.01      -7.82
     Other Europe
      Bosnia and Herzegovina            0.00        0.00      0.00          0.00       3.00       3.00      3.00         3.00       0.01         0.01          0.01       0.01      0.00       0.00     0.00       0.00
      Switzerland                       0.00        0.00      0.00          0.00       5.50       5.50      5.50         5.50       0.01         0.01          0.01       0.01      0.00       0.00     0.00       0.00
      Serbia                            0.01        0.01      0.01          0.01       3.80       3.00      3.33         3.33       0.02         0.02          0.02       0.02      0.00       0.00     0.00      11.11
     Australia                          0.05        0.05      0.05          0.05       0.71       0.71      0.71         0.71       0.03         0.03          0.03       0.03      0.00       0.00     0.00       0.00
     Others                             0.04        0.05      0.04          0.04       2.18       2.80      2.20         2.20       0.10         0.13          0.10       0.10      0.00       0.00    -0.03     -23.02
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    32                                                                  February 2024
Global Market Analysis
                                                                                   Table 08 Sorghum Area, Yield, and Production
                                                      Area                                           Yield                                        Production                             Change in Production
                                               (Million hectares)                          (Metric tons per hectare)                        (Million metric tons)
             Country / Region
                                                 Prel.      2023/24 Proj.                        Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb           2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             40.65       39.69     41.72      41.59           1.50       1.40      1.44         1.43      60.96        55.37      60.01       59.58       -0.43      -0.72     4.21       7.61
     United States                      2.63        1.85      2.48          2.48        4.33       2.58      3.26         3.26      11.38         4.77          8.07       8.07      0.00       0.00     3.30      69.20
     Total Foreign                     38.02       37.84     39.24      39.12           1.30       1.34      1.32         1.32      49.58        50.60      51.94       51.51       -0.43      -0.83     0.91       1.80
     none
     Africa
      Nigeria                           5.70        5.70      5.70          5.70        1.18       1.18      1.18         1.18       6.73         6.74          6.70       6.70      0.00       0.00    -0.04      -0.62
      Ethiopia                          1.65        1.52      1.66          1.66        2.70       2.56      2.65         2.65       4.45         3.88          4.40       4.40      0.00       0.00     0.52      13.49
      Sudan                             6.92        7.00      7.50          7.50        0.51       0.75      0.67         0.67       3.53         5.25          5.00       5.00      0.00       0.00    -0.25      -4.73
      Burkina Faso                      1.90        1.90      1.90          1.90        0.87       1.06      1.00         1.00       1.64         2.01          1.90       1.90      0.00       0.00    -0.11      -5.66
      Mali                              1.55        1.50      1.50          1.50        0.81       1.05      1.00         1.00       1.25         1.58          1.50       1.50      0.00       0.00    -0.08      -5.18
      Niger                             3.52        3.70      3.70          3.70        0.34       0.57      0.51         0.51       1.21         2.10          1.90       1.90      0.00       0.00    -0.20      -9.52
      Cameroon                          0.74        0.74      0.74          0.74        1.62       1.62      1.62         1.62       1.20         1.20          1.20       1.20      0.00       0.00     0.00       0.00
      Tanzania                          1.04        1.00      1.00          1.00        1.04       1.00      1.00         1.00       1.08         1.00          1.00       1.00      0.00       0.00     0.00       0.00
      Egypt                             0.16        0.15      0.15          0.15        4.90       5.00      5.00         5.00       0.77         0.75          0.75       0.75      0.00       0.00     0.00       0.00
      Uganda                            0.23        0.25      0.25          0.25        0.87       0.90      0.90         0.90       0.20         0.23          0.23       0.23      0.00       0.00     0.00       0.00
      Ghana                             0.31        0.31      0.31          0.31        1.05       1.49      1.13         1.13       0.32         0.46          0.35       0.35      0.00       0.00    -0.11     -24.41
      Mozambique                        0.25        0.25      0.25          0.25        0.64       0.61      0.64         0.64       0.16         0.15          0.16       0.16      0.00       0.00     0.01       4.58
      South Africa                      0.04        0.03      0.04          0.04        2.78       2.76      3.75         3.75       0.10         0.09          0.15       0.15      0.00       0.00     0.06      59.57
     Mexico                             1.40        1.40      1.42          1.29        3.47       3.50      3.38         3.39       4.84         4.89          4.80       4.35     -0.45      -9.38    -0.54     -11.08
     South America
      Argentina                         0.70        0.50      0.60          0.60        4.12       3.22      4.17         4.17       2.88         1.61          2.50       2.50      0.00       0.00     0.89      55.28
      Brazil                            0.95        1.07      1.23          1.23        3.20       2.72      2.93         2.93       3.04         2.92          3.60       3.60      0.00       0.00     0.68      23.29
     South Asia
      India                             3.80        3.54      4.10          4.10        1.09       1.08      1.07         1.07       4.15         3.81          4.40       4.40      0.00       0.00     0.59      15.36
      Pakistan                          0.08        0.22      0.22          0.22        0.83       0.63      0.63         0.63       0.06         0.14          0.14       0.14      0.00       0.00     0.00       0.00
     China                              0.63        0.63      0.63          0.63        4.76       4.76      4.76         4.76       3.00         3.00          3.00       3.00      0.00       0.00     0.00       0.00
     Australia                          0.62        0.69      0.60          0.60        4.26       3.84      3.00         3.00       2.65         2.64          1.80       1.80      0.00       0.00    -0.84     -31.77
     European Union                     0.15        0.13      0.16          0.16        5.44       4.29      5.16         5.16       0.80         0.55          0.80       0.80      0.00       0.00     0.25      44.67
     Others                             5.71        5.62      5.59          5.60        0.97       0.99      1.01         1.02       5.52         5.59          5.67       5.69      0.02       0.32     0.10       1.79
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                     33                                                                  February 2024
Global Market Analysis
                                                                                        Table 09 Rice Area, Yield, and Production
                                                                                          World and Selected Countries and Regions
                                                         Area                                           Yield                                          Production                             Change in Production
                                                  (Million hectares)                          (Metric tons per hectare)                          (Million metric tons)
            Country / Region
                                                    Prel.       2023/24 Proj.                        Prel.     2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                      2021/22     2022/23       Jan         Feb        2021/22     2022/23     Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                               165.66      165.70     165.00       165.07         4.62       4.62       4.65         4.65     513.10       512.96     513.54      513.74        0.19       0.04     0.78       0.15
     United States                         1.00         0.88       1.16         1.16        8.64       8.28       8.57         8.57       6.07         5.08          6.93       6.93      0.00       0.00     1.85      36.38
     Total Foreign                       164.65      164.82     163.84       163.92         4.60       4.60       4.62         4.62     507.03       507.87     506.61      506.80        0.19       0.04    -1.07      -0.21
     none
     East Asia
      China                               29.92       29.45       28.95       28.95         7.11       7.08       7.14         7.14     148.99       145.95     144.62      144.62        0.00       0.00    -1.33      -0.91
      Japan                                1.52         1.50       1.47         1.47        6.90       6.86       6.82         6.82       7.64         7.48          7.30       7.30      0.00       0.00    -0.18      -2.41
      Korea, South                         0.73         0.73       0.71         0.71        7.12       6.87       7.00         7.00       3.88         3.76          3.70       3.70      0.00       0.00    -0.06      -1.65
      Korea, North                         0.56         0.54       0.54         0.54        3.74       3.87       4.18         4.18       1.36         1.36          1.47       1.47      0.00       0.00     0.11       8.09
     South Asia
      India                               46.28       47.83       47.00       47.00         4.20       4.26       4.21         4.21     129.47       135.76     132.00      132.00        0.00       0.00    -3.76      -2.77
      Bangladesh                          11.62       11.60       11.65       11.65         4.63       4.70       4.67         4.67      35.85        36.35      36.30       36.30        0.00       0.00    -0.05      -0.14
      Pakistan                             3.54         3.00       3.50         3.50        3.95       2.75       3.86         3.86       9.32         5.50          9.00       9.00      0.00       0.00     3.50      63.64
      Nepal                                1.48         1.45       1.45         1.45        3.47       3.79       3.66         3.66       3.42         3.65          3.53       3.53      0.00       0.00    -0.12      -3.39
      Sri Lanka                            1.13         1.15       1.10         1.16        3.56       3.63       4.09         4.22       2.73         2.84          3.06       3.33      0.27       8.89     0.50      17.49
     Southeast Asia
      Indonesia                           11.60       11.55       11.30       11.30         4.67       4.64       4.67         4.67      34.40        34.00      33.50       33.50        0.00       0.00    -0.50      -1.47
      Vietnam                              7.10         7.10       7.15         7.15        6.01       6.07       6.05         6.05      26.67        26.94      27.00       27.00        0.00       0.00     0.06       0.22
      Thailand                            10.70       11.07       10.65       10.65         2.81       2.86       2.85         2.85      19.88        20.91      20.00       20.00        0.00       0.00    -0.91      -4.35
      Burma                                7.00         6.80       6.86         6.86        2.77       2.71       2.72         2.72      12.40        11.80      11.95       11.95        0.00       0.00     0.15       1.27
      Philippines                          4.80         4.85       4.80         4.80        4.15       4.13       4.17         4.13      12.54        12.63      12.60       12.50       -0.10      -0.79    -0.13      -0.99
      Cambodia                             3.27         3.31       3.37         3.37        2.89       2.94       2.92         2.92       5.77         5.93          6.00       6.00      0.00       0.00     0.07       1.13
      Laos                                 0.94         0.95       0.95         0.95        3.28       3.26       3.21         3.21       1.95         1.95          1.92       1.92      0.00       0.00    -0.03      -1.54
      Malaysia                             0.65         0.66       0.66         0.66        3.97       3.99       4.08         4.08       1.68         1.70          1.75       1.75      0.00       0.00     0.05       2.94
     South America
      Brazil                               1.62         1.47       1.55         1.55        6.67       7.01       7.10         7.10       7.34         7.00          7.48       7.48      0.00       0.00     0.48       6.80
      Peru                                 0.42         0.42       0.43         0.43        8.37       8.55       8.52         8.52       2.43         2.48          2.50       2.50      0.00       0.00     0.02       0.64
     Africa
      Egypt                                0.50         0.60       0.63         0.63        8.41       8.70       8.70         8.70       2.90         3.60          3.78       3.78      0.00       0.00     0.18       5.00
      Madagascar                           1.60         1.60       1.60         1.60        2.74       2.75       2.75         2.75       2.81         2.82          2.82       2.82      0.00       0.00     0.00       0.00
      Nigeria                              3.65         3.50       3.50         3.50        2.29       2.43       2.37         2.37       5.26         5.36          5.23       5.23      0.00       0.00    -0.13      -2.35
     European Union                        0.40         0.33       0.34         0.34        6.64       6.32       6.56         6.56       1.73         1.34          1.43       1.43      0.00       0.00     0.09       6.89
     Iran                                  0.56         0.57       0.57         0.57        5.14       5.32       5.30         5.30       1.90         2.00          2.00       2.00      0.00       0.00    -0.01      -0.25
     Others                               13.06       12.80       13.13       13.14         2.87       2.94       2.97         2.97      24.72        24.78      25.68       25.70        0.02       0.08     0.93       3.74
       Yield is on a rough basis, before the milling process. Production is on a milled basis, after the milling process.
Foreign Agricultural Service/USDA                                                        34                                                                    February 2024
Global Market Analysis
                                                                           Table 10 Total Oilseed Area, Yield, and Production
                                                                                   World and Selected Countries and Regions
                                                    Area                                          Yield                                         Production                             Change in Production
                                             (Million hectares)                         (Metric tons per hectare)                         (Million metric tons)
          Country / Region
                                               Prel.      2023/24 Proj.                         Prel.    2023/24 Proj.                       Prel.       2023/24 Proj.          From last month      From last year
                                2021/22      2022/23      Jan        Feb         2021/22      2022/23    Jan        Feb         2021/22    2022/23      Jan        Feb          MMT       Percent    MMT      Percent
     World Total                        --           --         --          --           --         --         --          --     611.78      637.21    660.18      659.40        -0.78      -0.12   22.19        3.48
     Total Foreign                      --           --         --          --           --         --         --          --     480.46      511.46    537.80      537.03        -0.78      -0.14   25.57        5.00
     Oilseed, Copra                     --           --         --          --           --         --         --          --       6.07         6.03      6.05          6.05      0.00       0.00     0.02       0.36
     Oilseed, Palm Kernel               --           --         --          --           --         --         --          --      19.14       20.07      20.51      20.71         0.20       0.98     0.64       3.17
     none
     Major OilSeeds                 260.92      266.88    269.82     270.05            2.25       2.29     2.35          2.34     586.57      611.11    633.62      632.64        -0.98      -0.15   21.53        3.52
     United States                   41.05       39.91     38.28      38.28            3.20       3.15     3.20          3.20     131.32      125.75    122.37      122.37         0.00       0.00    -3.38      -2.69
     none
     Foreign Oilseeds               219.87      226.97    231.54     231.77            2.07       2.14     2.21          2.20     455.25      485.36    511.25      510.27        -0.98      -0.19   24.91        5.13
     South America                   68.65       71.11     73.90      74.35            2.87       3.02     3.20          3.17     196.77      214.41    236.52      235.83        -0.69      -0.29   21.43        9.99
      Brazil                         43.23       46.46     47.54      47.84            3.12       3.59     3.42          3.38     135.03      166.85    162.79      161.79        -1.00      -0.61    -5.06      -3.03
      Argentina                      18.77       17.76     19.48      19.48            2.66       1.77     2.88          2.88      49.88       31.45      56.14      56.14         0.00       0.00   24.69       78.50
      Paraguay                        3.51        3.74      3.69          3.71         1.23       2.75     2.84          2.84       4.31       10.28      10.50      10.52         0.02       0.17     0.24       2.35
      Bolivia                         1.68        1.73      1.63          1.76         2.18       2.43     2.19          2.20       3.67         4.21      3.58          3.87      0.30       8.25    -0.34      -7.97
      Uruguay                         1.32        1.28      1.42          1.42         2.68       1.00     2.21          2.21       3.53         1.28      3.15          3.15      0.00       0.00     1.87     146.75
     China                           24.02       25.95     26.34      26.14            2.58       2.62     2.58          2.58      62.07       67.92      67.87      67.32        -0.55      -0.81    -0.60      -0.88
     South Asia                      41.74       43.61     44.32      44.37            1.11       1.04     1.01          1.02      46.48       45.35      44.87      45.19         0.33       0.72    -0.15      -0.34
      India                          38.49       40.19     40.35      40.40            1.10       1.03     0.99          0.99      42.15       41.39      39.83      40.15         0.33       0.82    -1.24      -3.00
      Pakistan                        2.53        2.49      3.06          3.06         1.31       1.08     1.24          1.24       3.31         2.69      3.80          3.80      0.00       0.00     1.11      41.17
     European Union                  11.09       12.36     12.53      12.53            2.80       2.58     2.69          2.69      31.08       31.88      33.65      33.65         0.00       0.00     1.77       5.56
     United Kingdom                   0.31        0.36      0.39          0.39         3.20       3.74     3.14          3.14       0.98         1.36      1.23          1.23      0.00       0.00    -0.14      -9.99
     Former Soviet Union - 12        27.79       27.65     28.59      28.50            1.89       1.88     2.01          2.01      52.64       51.90      57.35      57.33        -0.02      -0.03     5.43      10.46
      Russia                         14.23       14.74     14.85      14.85            1.62       1.80     1.89          1.89      23.11       26.55      28.00      28.00         0.00       0.00     1.45       5.46
      Ukraine                         9.58        8.75      9.50          9.50         2.54       2.26     2.53          2.53      24.32       19.80      24.00      24.00         0.00       0.00     4.20      21.21
      Uzbekistan                      1.05        1.07      1.05          1.05         1.13       1.28     1.13          1.15       1.19         1.37      1.19          1.21      0.02       1.69    -0.16     -11.97
     Canada                          11.06       10.75     11.16      11.16            1.86       2.36     2.32          2.32      20.55       25.32      25.87      25.87         0.00       0.00     0.55       2.18
     Africa                          25.06       24.25     24.29      24.26            0.98       1.05     1.06          1.06      24.67       25.39      25.79      25.83         0.03       0.12     0.44       1.73
      Nigeria                         4.97        4.87      4.87          4.87         1.11       1.15     1.15          1.15       5.50         5.61      5.60          5.60      0.00       0.00    -0.01      -0.25
      South Africa                    1.76        1.88      1.90          1.84         1.92       2.02     1.99          2.05       3.37         3.79      3.79          3.79      0.00       0.00    -0.01      -0.16
      Tanzania                        1.34        1.36      1.47          1.47         0.90       0.91     0.87          0.87       1.21         1.23      1.28          1.28      0.00       0.00     0.04       3.49
     Southeast Asia                   3.12        3.08      3.05          3.05         1.36       1.36     1.39          1.39       4.23         4.18      4.23          4.23      0.00       0.00     0.05       1.12
      Burma                           1.95        1.94      1.95          1.95         1.16       1.18     1.24          1.24       2.25         2.28      2.41          2.41      0.00       0.00     0.13       5.47
      Indonesia                       0.90        0.87      0.84          0.84         1.55       1.52     1.49          1.49       1.39         1.32      1.26          1.26      0.00       0.00    -0.07      -4.92
     Australia                        3.94        4.61      4.02          4.07         2.20       2.19     1.77          1.73       8.68       10.11       7.13          7.04     -0.09      -1.26    -3.08     -30.42
     Turkey                           1.34        1.47      1.27          1.27         2.61       2.71     2.43          2.43       3.49         3.98      3.09          3.09      0.00       0.00    -0.90     -22.51
     Others                           1.75        1.78      1.69          1.69         2.06       2.01     2.17          2.18       3.62         3.57      3.66          3.67      0.01       0.27     0.10       2.77
       World Total and Total Foreign: (Major Oilseeds plus copra and palm kernel) Major Oilseeds: (soybeans, sunflowerseeds, peanuts(inshell), cottonseed and
       rapeseed)
Foreign Agricultural Service/USDA                                                 35                                                                    February 2024
Global Market Analysis
                                                                                   Table 11 Soybean Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                            131.45      136.84    139.04     139.38          2.74       2.76      2.87         2.86     360.41       378.06     398.98      398.21       -0.77      -0.19   20.15        5.33
     United States                     34.92       34.87     33.33      33.33          3.48       3.33      3.40         3.40     121.50       116.22     113.34      113.34        0.00       0.00    -2.88      -2.48
     Total Foreign                     96.52      101.97    105.71     106.05          2.48       2.57      2.70         2.69     238.91       261.84     285.63      284.87       -0.77      -0.27   23.03        8.80
     none
     South America
      Brazil                           41.60       44.60     45.60      45.90          3.14       3.63      3.44         3.40     130.50       162.00     157.00      156.00       -1.00      -0.64    -6.00      -3.70
      Argentina                        15.90       14.40     16.50      16.50          2.76       1.74      3.03         3.03      43.90        25.00      50.00       50.00        0.00       0.00   25.00      100.00
      Paraguay                          3.42        3.60      3.55          3.55       1.22       2.79      2.90         2.90       4.18        10.05      10.30       10.30        0.00       0.00     0.25       2.49
      Bolivia                           1.53        1.58      1.50          1.60       2.27       2.53      2.27         2.28       3.46         3.99          3.40       3.65      0.25       7.35    -0.34      -8.41
      Uruguay                           1.16        0.93      1.28          1.28       2.80       0.75      2.27         2.27       3.23         0.70          2.90       2.90      0.00       0.00     2.20     314.29
     East Asia
      China                             8.42       10.24     10.47      10.47          1.95       1.98      1.99         1.99      16.40        20.28      20.84       20.84        0.00       0.00     0.56       2.74
      Korea, South                      0.05        0.06      0.07          0.07       2.06       2.03      1.93         2.07       0.11         0.13          0.13       0.14      0.01       7.63     0.01       8.46
      Korea, North                      0.17        0.16      0.16          0.16       1.15       1.15      1.15         1.15       0.19         0.18          0.18       0.18      0.00       0.00     0.00       0.00
      Japan                             0.15        0.15      0.16          0.16       1.63       1.58      1.63         1.63       0.24         0.24          0.25       0.25      0.00       0.00     0.02       6.30
     India                             12.15       13.08     13.00      13.00          0.98       0.95      0.85         0.85      11.89        12.41      11.00       11.00        0.00       0.00    -1.41     -11.37
     Canada                             2.08        2.12      2.26          2.26       2.99       3.09      3.09         3.09       6.22         6.54          6.98       6.98      0.00       0.00     0.44       6.69
     Former Soviet Union - 12
      Russia                            2.99        3.36      3.50          3.50       1.59       1.79      1.94         1.94       4.76         6.00          6.80       6.80      0.00       0.00     0.80      13.41
      Ukraine                           1.44        1.82      2.00          2.00       2.64       2.25      2.60         2.60       3.80         4.10          5.20       5.20      0.00       0.00     1.10      26.83
     European Union                     1.01        1.13      1.09          1.09       2.82       2.26      2.81         2.81       2.83         2.55          3.06       3.06      0.00       0.00     0.51      20.05
     Southeast Asia
      Indonesia                         0.35        0.33      0.32          0.32       1.21       1.18      1.17         1.17       0.43         0.39          0.38       0.38      0.00       0.00    -0.02      -3.85
      Vietnam                           0.03        0.03      0.03          0.03       1.61       1.60      1.61         1.61       0.05         0.05          0.05       0.05      0.00       0.00     0.00      -6.25
      Thailand                          0.03        0.03      0.03          0.03       1.63       1.63      1.63         1.63       0.05         0.05          0.05       0.05      0.00       0.00     0.00       0.00
      Burma                             0.13        0.13      0.12          0.12       1.04       1.04      1.04         1.04       0.14         0.13          0.13       0.13      0.00       0.00    -0.01      -3.85
     Serbia                             0.24        0.24      0.24          0.24       2.28       1.70      2.77         2.77       0.54         0.40          0.65       0.65      0.00       0.00     0.25      62.91
     Mexico                             0.18        0.12      0.09          0.09       1.57       1.52      1.53         1.53       0.29         0.18          0.14       0.14      0.00       0.00    -0.04     -21.14
     Africa
      South Africa                      0.93        1.15      1.07          1.04       2.41       2.40      2.34         2.40       2.23         2.76          2.50       2.50      0.00       0.00    -0.26      -9.26
      Nigeria                           1.20        1.20      1.15          1.15       0.93       0.98      1.00         1.00       1.12         1.18          1.15       1.15      0.00       0.00    -0.03      -2.54
      Zambia                            0.30        0.38      0.38          0.38       1.35       1.27      1.27         1.27       0.41         0.48          0.48       0.48      0.00       0.00     0.00       0.00
      Uganda                            0.17        0.17      0.17          0.17       1.20       1.18      1.18         1.18       0.20         0.20          0.20       0.20      0.00       0.00     0.00       0.00
     Middle East
      Iran                              0.07        0.08      0.07          0.07       2.29       2.27      2.36         2.36       0.16         0.17          0.17       0.17      0.00       0.00    -0.01      -2.94
      Turkey                            0.03        0.04      0.03          0.03       3.91       4.14      4.12         4.12       0.13         0.15          0.14       0.14      0.00       0.00    -0.01      -3.45
     Others                             0.82        0.87      0.89          0.86       1.78       1.78      1.76         1.79       1.46         1.55          1.57       1.55     -0.03      -1.65    -0.01      -0.32
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    36                                                                  February 2024
Global Market Analysis
                                                                              Table 12 Cottonseed Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
             Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             31.77       31.19     30.92      30.98          1.31       1.36      1.34         1.34      41.51        42.57      41.54       41.46       -0.08      -0.20    -1.11      -2.61
     United States                      4.15        2.95      2.86          2.86       1.16       1.36      1.20         1.20       4.83         4.01          3.44       3.44      0.00       0.00    -0.57     -14.21
     Total Foreign                     27.62       28.24     28.07      28.13          1.33       1.37      1.36         1.35      36.68        38.56      38.10       38.02       -0.08      -0.22    -0.54      -1.41
     none
     South Asia
      India                            12.37       12.93     12.70      12.70          0.83       0.86      0.84         0.84      10.32        11.17      10.61       10.61        0.00       0.00    -0.55      -4.94
      Pakistan                          2.00        1.80      2.40          2.40       1.30       0.94      1.21         1.21       2.60         1.69          2.90       2.90      0.00       0.00     1.21      71.82
     China                              3.10        3.15      2.90          2.90       3.39       3.82      3.72         3.72      10.50        12.03      10.78       10.78        0.00       0.00    -1.25     -10.42
     Former Soviet Union - 12
      Uzbekistan                        1.03        1.05      1.03          1.03       1.09       1.23      1.10         1.10       1.12         1.29          1.14       1.14      0.00       0.00    -0.16     -12.14
      Turkmenistan                      0.55        0.55      0.55          0.55       0.64       0.64      0.64         0.64       0.35         0.35          0.35       0.35      0.00       0.00     0.00       0.00
      Tajikistan                        0.17        0.17      0.17          0.17       1.09       1.11      1.15         1.15       0.19         0.19          0.20       0.20      0.00       0.00     0.01       3.72
      Kazakhstan                        0.11        0.13      0.12          0.12       0.84       1.05      0.88         0.88       0.09         0.13          0.11       0.11      0.00       0.00    -0.03     -19.85
     South America
      Brazil                            1.37        1.60      1.66          1.66       2.62       2.43      2.91         2.91       3.59         3.89          4.83       4.83      0.00       0.00     0.94      24.24
      Argentina                         0.48        0.51      0.56          0.56       1.12       0.84      1.12         1.12       0.54         0.43          0.63       0.63      0.00       0.00     0.20      45.94
     Middle East
      Turkey                            0.45        0.56      0.44          0.44       2.76       2.88      2.38         2.38       1.24         1.60          1.05       1.05      0.00       0.00    -0.56     -34.69
      Syria                             0.03        0.03      0.03          0.03       2.20       2.20      2.20         2.20       0.06         0.06          0.06       0.06      0.00       0.00     0.00       0.00
      Iran                              0.10        0.10      0.10          0.10       1.35       1.35      1.18         1.18       0.14         0.14          0.12       0.12      0.00       0.00    -0.02     -12.59
     Australia                          0.64        0.65      0.47          0.52       2.77       2.68      3.29         2.80       1.76         1.74          1.53       1.44     -0.09      -5.87    -0.30     -17.22
     European Union                     0.32        0.31      0.25          0.25       1.66       1.70      1.34         1.34       0.53         0.53          0.34       0.34      0.00       0.00    -0.19     -35.62
     Africa
      Burkina Faso                      0.60        0.62      0.49          0.54       0.45       0.35      0.39         0.40       0.27         0.21          0.19       0.21      0.02       9.84     0.00      -0.93
      Mali                              0.72        0.60      0.70          0.71       0.56       0.35      0.50         0.52       0.40         0.21          0.35       0.37      0.01       3.97     0.16      76.44
      Cameroon                          0.23        0.23      0.25          0.25       1.39       1.29      1.33         1.35       0.32         0.30          0.33       0.33      0.01       1.54     0.03      10.00
      Cote d'Ivoire                     0.47        0.41      0.39          0.40       0.60       0.29      0.52         0.50       0.28         0.12          0.20       0.20      0.00      -1.97     0.08      67.23
      Benin                             0.64        0.57      0.53          0.51       0.73       0.64      0.73         0.68       0.47         0.36          0.39       0.35     -0.04     -11.08    -0.02      -5.22
      Tanzania                          0.34        0.36      0.47          0.47       0.33       0.37      0.38         0.38       0.11         0.13          0.18       0.18      0.00       0.00     0.04      32.58
      Egypt                             0.09        0.14      0.11          0.11       1.00       0.92      0.96         0.96       0.09         0.13          0.11       0.11      0.00       0.00    -0.02     -17.83
      Nigeria                           0.27        0.27      0.27          0.27       0.56       0.56      0.56         0.56       0.15         0.15          0.15       0.15      0.00       0.00     0.00       0.00
      Uganda                            0.10        0.10      0.10          0.10       1.49       1.49      1.49         1.49       0.15         0.15          0.15       0.15      0.00       0.00     0.00       0.00
      Zimbabwe                          0.25        0.24      0.24          0.24       0.33       0.34      0.34         0.34       0.08         0.08          0.08       0.08      0.00       0.00     0.00       0.00
      Sudan                             0.20        0.20      0.20          0.20       1.53       1.53      1.53         1.53       0.31         0.31          0.31       0.31      0.00       0.00     0.00       0.00
     Mexico                             0.15        0.20      0.13          0.13       2.71       2.70      2.43         2.43       0.42         0.54          0.32       0.32      0.00       0.00    -0.22     -41.48
     Burma                              0.16        0.15      0.16          0.16       0.81       0.76      1.25         1.25       0.13         0.11          0.19       0.19      0.00       0.00     0.08      70.18
     Others                             0.70        0.62      0.67          0.64       0.71       0.84      0.79         0.86       0.50         0.53          0.53       0.55      0.02       3.02     0.02       4.00
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    37                                                                  February 2024
Global Market Analysis
                                                                                   Table 13 Peanut Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
             Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             30.70       28.89     29.50      29.50          1.69       1.71      1.71         1.71      51.97        49.36      50.46       50.46        0.00       0.00     1.10       2.22
     United States                      0.62        0.56      0.64          0.64       4.64       4.50      4.19         4.19       2.89         2.51          2.67       2.67      0.00       0.00     0.16       6.28
     Total Foreign                     30.07       28.33     28.87      28.87          1.63       1.65      1.66         1.66      49.08        46.85      47.79       47.79        0.00       0.00     0.94       2.00
     none
     China                              4.81        4.68      4.82          4.82       3.81       3.91      3.86         3.86      18.31        18.33      18.60       18.60        0.00       0.00     0.27       1.47
     Africa
      Nigeria                           3.50        3.40      3.45          3.45       1.21       1.26      1.25         1.25       4.23         4.28          4.30       4.30      0.00       0.00     0.02       0.37
      Sudan                             3.94        3.00      3.00          3.00       0.60       0.83      0.83         0.83       2.36         2.50          2.50       2.50      0.00       0.00     0.00       0.00
      Senegal                           1.21        1.23      1.23          1.23       1.38       1.23      1.40         1.40       1.68         1.50          1.72       1.72      0.00       0.00     0.21      14.18
      Cameroon                          0.43        0.43      0.43          0.43       1.40       1.40      1.40         1.40       0.60         0.60          0.60       0.60      0.00       0.00     0.00       0.00
      Ghana                             0.34        0.37      0.37          0.37       1.48       1.65      1.62         1.62       0.50         0.61          0.60       0.60      0.00       0.00    -0.01      -1.80
      Chad                              0.75        0.76      0.76          0.76       1.06       1.10      1.09         1.09       0.80         0.83          0.83       0.83      0.00       0.00     0.00       0.12
      Malawi                            0.40        0.40      0.40          0.40       0.88       0.88      0.88         0.88       0.35         0.35          0.35       0.35      0.00       0.00     0.00       0.00
      Congo (Kinshasa)                  0.52        0.53      0.53          0.53       0.92       0.91      0.91         0.91       0.48         0.48          0.48       0.48      0.00       0.00     0.00       0.00
      Niger                             0.92        0.97      0.92          0.92       0.56       0.69      0.65         0.65       0.52         0.67          0.60       0.60      0.00       0.00    -0.07     -10.58
      Mali                              0.44        0.43      0.43          0.43       0.78       1.04      1.00         1.00       0.35         0.44          0.43       0.43      0.00       0.00    -0.02      -4.06
      Uganda                            0.39        0.35      0.35          0.35       0.65       0.57      0.57         0.57       0.25         0.20          0.20       0.20      0.00       0.00     0.00       0.00
      Burkina Faso                      0.58        0.63      0.64          0.64       0.83       0.89      0.90         0.90       0.48         0.56          0.58       0.58      0.00       0.00     0.02       2.86
      Guinea                            0.79        0.90      0.90          0.90       1.15       1.14      1.11         1.11       0.91         1.03          1.00       1.00      0.00       0.00    -0.03      -2.44
      Egypt                             0.06        0.06      0.06          0.06       3.42       3.20      3.20         3.20       0.21         0.21          0.21       0.21      0.00       0.00     0.00       0.00
      Central African Republic          0.13        0.13      0.13          0.13       1.15       1.15      1.15         1.15       0.15         0.15          0.15       0.15      0.00       0.00     0.00       0.00
      South Africa                      0.04        0.03      0.04          0.04       1.51       2.26      2.00         2.00       0.07         0.07          0.08       0.08      0.00       0.00     0.01      14.29
      Mozambique                        0.38        0.38      0.38          0.38       0.34       0.34      0.34         0.34       0.13         0.13          0.13       0.13      0.00       0.00     0.00       0.00
      Cote d'Ivoire                     0.17        0.17      0.17          0.17       1.42       1.47      1.45         1.45       0.23         0.24          0.24       0.24      0.00       0.00     0.00      -1.23
      Benin                             0.17        0.17      0.18          0.18       1.05       0.96      0.97         0.97       0.18         0.16          0.18       0.18      0.00       0.00     0.01       6.71
     South Asia
      India                             5.71        4.96      5.30          5.30       1.52       1.27      1.21         1.21       8.70         6.30          6.40       6.40      0.00       0.00     0.10       1.59
      Pakistan                          0.15        0.13      0.13          0.13       0.94       0.88      0.88         0.88       0.15         0.12          0.12       0.12      0.00       0.00     0.00       0.00
     Southeast Asia
      Indonesia                         0.55        0.54      0.52          0.52       1.76       1.72      1.69         1.69       0.96         0.93          0.88       0.88      0.00       0.00    -0.05      -5.38
      Burma                             1.06        1.07      1.07          1.07       1.51       1.55      1.59         1.59       1.60         1.65          1.70       1.70      0.00       0.00     0.05       3.03
      Vietnam                           0.16        0.16      0.15          0.15       2.58       2.58      2.60         2.60       0.41         0.40          0.39       0.39      0.00       0.00    -0.01      -2.50
      Thailand                          0.02        0.02      0.02          0.02       1.67       1.67      1.67         1.67       0.04         0.04          0.04       0.04      0.00       0.00     0.00       0.00
     South America
      Argentina                         0.41        0.37      0.40          0.40       3.29       2.59      3.48         3.48       1.34         0.96          1.38       1.38      0.00       0.00     0.41      42.78
      Brazil                            0.22        0.22      0.24          0.24       4.09       4.05      3.79         3.79       0.90         0.89          0.89       0.89      0.00       0.00     0.00       0.00
     Mexico                             0.06        0.05      0.05          0.05       1.63       1.76      1.74         1.74       0.10         0.09          0.09       0.09      0.00       0.00     0.01       6.98
     Others                             1.78        1.80      1.81          1.81       1.20       1.18      1.19         1.19       2.13         2.13          2.15       2.15      0.00       0.00     0.02       1.03
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    38                                                                  February 2024
Global Market Analysis
                                                                            Table 14 Sunflowerseed Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             28.54       28.07     27.87      27.65          1.99       1.86      1.99         1.99      56.86        52.29      55.54       55.08       -0.47      -0.84     2.78       5.32
     United States                      0.50        0.65      0.51          0.51       1.71       1.97      2.00         2.00       0.86         1.27          1.03       1.03      0.00       0.00    -0.25     -19.39
     Total Foreign                     28.04       27.43     27.36      27.14          2.00       1.86      1.99         1.99      55.99        51.02      54.52       54.05       -0.47      -0.86     3.03       5.93
     none
     Former Soviet Union - 12
      Russia                            9.61        9.11      9.30          9.30       1.62       1.78      1.84         1.84      15.57        16.25      17.10       17.10        0.00       0.00     0.85       5.20
      Ukraine                           7.10        5.70      6.00          6.00       2.46       2.14      2.42         2.42      17.50        12.20      14.50       14.50        0.00       0.00     2.30      18.85
      Kazakhstan                        0.94        1.09      1.15          1.13       1.10       1.20      1.04         1.10       1.03         1.30          1.20       1.24      0.04       3.00    -0.07      -5.21
     European Union                     4.37        4.98      4.90          4.90       2.36       1.84      2.08         2.08      10.33         9.18      10.20       10.20        0.00       0.00     1.02      11.10
     South America
      Argentina                         1.96        2.45      2.00          2.00       2.07       2.05      2.05         2.05       4.05         5.02          4.10       4.10      0.00       0.00    -0.92     -18.31
      Uruguay                           0.01        0.01      0.01          0.01       2.00       0.91      0.92         0.92       0.01         0.01          0.01       0.01      0.00       0.00     0.00      10.00
      Bolivia                           0.16        0.16      0.13          0.16       1.32       1.38      1.35         1.38       0.21         0.22          0.18       0.22      0.05      25.71     0.00       0.00
      Brazil                            0.04        0.04      0.04          0.04       1.03       1.56      1.55         1.55       0.04         0.06          0.07       0.07      0.00       0.00     0.00       1.56
      Paraguay                          0.03        0.03      0.03          0.03       1.55       1.56      1.50         1.50       0.05         0.05          0.05       0.05      0.00       0.00    -0.01     -10.00
     China                              0.70        0.62      0.80          0.60       3.06       2.79      2.81         2.83       2.15         1.74          2.25       1.70     -0.55     -24.44    -0.04      -2.35
     South Asia
      India                             0.27        0.36      0.15          0.15       0.52       0.59      0.75         0.75       0.14         0.22          0.11       0.11      0.00       0.00    -0.10     -47.91
      Pakistan                          0.05        0.11      0.10          0.10       1.58       1.35      1.35         1.35       0.08         0.15          0.14       0.14      0.00       0.00    -0.01      -8.78
     Middle East
      Turkey                            0.76        0.79      0.70          0.70       2.30       2.41      2.21         2.21       1.75         1.90          1.55       1.55      0.00       0.00    -0.35     -18.42
      Iran                              0.04        0.04      0.04          0.04       1.00       1.02      1.05         1.05       0.04         0.04          0.04       0.04      0.00       0.00     0.00      -2.27
      Israel                            0.00        0.00      0.00          0.00       2.00       2.00      4.00         4.00       0.00         0.00          0.00       0.00      0.00       0.00     0.00     100.00
     Africa
      Egypt                             0.01        0.02      0.02          0.02       2.38       2.53      2.50         2.50       0.02         0.04          0.05       0.05      0.00       0.00     0.01      31.58
      Morocco                           0.02        0.03      0.02          0.02       1.56       1.11      1.27         1.27       0.03         0.03          0.03       0.03      0.00       0.00     0.00      -6.67
      South Africa                      0.67        0.56      0.64          0.62       1.26       1.30      1.46         1.52       0.85         0.72          0.94       0.94      0.00       0.00     0.21      29.14
     Burma                              0.60        0.60      0.60          0.60       0.65       0.65      0.65         0.65       0.39         0.39          0.39       0.39      0.00       0.00     0.00       0.00
     Canada                             0.04        0.04      0.04          0.04       2.03       2.21      2.30         2.30       0.08         0.08          0.09       0.09      0.00       0.00     0.01       9.52
     Australia                          0.02        0.03      0.03          0.03       1.58       1.48      1.48         1.48       0.03         0.04          0.04       0.04      0.00       0.00     0.00       0.00
     Others                             0.63        0.65      0.66          0.66       2.59       2.09      2.28         2.28       1.64         1.37          1.50       1.50      0.00       0.00     0.13       9.52
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    39                                                                  February 2024
Global Market Analysis
                                                                               Table 15 Rapeseed Area, Yield, and Production
                                                      Area                                          Yield                                        Production                             Change in Production
                                               (Million hectares)                         (Metric tons per hectare)                        (Million metric tons)
            Country / Region
                                                 Prel.      2023/24 Proj.                       Prel.    2023/24 Proj.                        Prel.       2023/24 Proj.          From last month      From last year
                                   2021/22     2022/23     Jan        Feb          2021/22    2022/23    Jan          Feb       2021/22     2022/23      Jan          Feb        MMT       Percent    MMT      Percent
     World                             38.46       41.90     42.49      42.53          1.97       2.12      2.05         2.06      75.83        88.83      87.10       87.44        0.34       0.39    -1.39      -1.57
     United States                      0.85        0.88      0.94          0.94       1.46       1.98      2.01         2.01       1.24         1.74          1.90       1.90      0.00       0.00     0.16       8.97
     Total Foreign                     37.62       41.02     41.54      41.59          1.98       2.12      2.05         2.06      74.59        87.10      85.21       85.55        0.34       0.40    -1.55      -1.78
     none
     European Union                     5.39        5.94      6.29          6.29       3.22       3.31      3.19         3.19      17.39        19.62      20.05       20.05        0.00       0.00     0.43       2.19
     United Kingdom                     0.31        0.36      0.39          0.39       3.20       3.74      3.14         3.14       0.98         1.36          1.23       1.23      0.00       0.00    -0.14      -9.99
     Switzerland                        0.02        0.02      0.02          0.02       3.14       3.14      3.14         3.14       0.07         0.07          0.07       0.07      0.00       0.00     0.00       0.00
     Canada                             8.95        8.60      8.86          8.86       1.59       2.17      2.12         2.12      14.25        18.70      18.80       18.80        0.00       0.00     0.11       0.56
     China                              6.99        7.25      7.35          7.35       2.10       2.14      2.10         2.10      14.71        15.53      15.40       15.40        0.00       0.00    -0.13      -0.84
     South Asia
      India                             7.99        8.85      9.20          9.25       1.39       1.28      1.27         1.30      11.10        11.30      11.70       12.03        0.33       2.78     0.73       6.42
      Pakistan                          0.32        0.45      0.43          0.43       1.50       1.64      1.53         1.53       0.48         0.74          0.65       0.65      0.00       0.00    -0.09     -12.16
      Bangladesh                        0.61        0.81      0.80          0.80       1.35       1.30      1.29         1.29       0.82         1.05          1.03       1.03      0.00       0.00    -0.02      -1.90
     Former Soviet Union - 12
      Russia                            1.62        2.27      2.05          2.05       1.71       1.89      2.00         2.00       2.78         4.30          4.10       4.10      0.00       0.00    -0.20      -4.65
      Ukraine                           1.04        1.23      1.50          1.50       2.91       2.85      2.87         2.87       3.02         3.50          4.30       4.30      0.00       0.00     0.80      22.86
      Belarus                           0.39        0.36      0.40          0.40       1.83       2.22      2.25         2.25       0.72         0.80          0.90       0.90      0.00       0.00     0.10      12.50
      Kazakhstan                        0.12        0.13      0.13          0.09       1.24       1.48      1.15         1.32       0.15         0.19          0.15       0.12     -0.03     -18.00    -0.07     -34.92
     Australia                          3.25        3.90      3.50          3.50       2.10       2.12      1.57         1.57       6.82         8.27          5.50       5.50      0.00       0.00    -2.77     -33.52
     South America
      Chile                             0.04        0.03      0.04          0.04       3.86       3.79      3.82         3.82       0.14         0.13          0.15       0.15      0.00       0.00     0.02      16.00
      Paraguay                          0.05        0.07      0.04          0.07       1.36       1.77      1.50         1.50       0.06         0.12          0.06       0.11      0.04      66.67    -0.01      -8.70
     Ethiopia                           0.03        0.03      0.03          0.03       1.80       1.80      1.80         1.80       0.05         0.05          0.05       0.05      0.00       0.00     0.00       0.00
     Others                             0.52        0.73      0.53          0.53       2.09       1.91      2.03         2.03       1.08         1.38          1.08       1.08      0.00       0.00    -0.30     -21.78
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    40                                                                  February 2024
Global Market Analysis
                                               Table 16 Copra, Palm Kernel, and Palm Oil Production
                                                                 Production                                        Change in Production
                                                           (Million metric tons)
                 Country / Region
                                                             Prel.           2023/24 Proj.             From last month             From last year
                                             2021/22       2022/23        Jan            Feb          MMT          Percent       MMT          Percent
      Oilseed, Copra
         Philippines                                2.60        2.60             2.70          2.70         0.00         0.00          0.10          3.85
         Indonesia                                  1.68        1.68             1.69          1.69         0.00         0.00          0.01          0.60
         India                                      0.94        0.94             0.94          0.94         0.00         0.00          0.00          0.00
         Vietnam                                    0.29        0.29             0.29          0.29         0.00         0.00          0.00          0.00
         Papua New Guinea                           0.11        0.11             0.11          0.11         0.00         0.00          0.00          0.00
         Thailand                                   0.09        0.09             0.09          0.09         0.00         0.00          0.00          0.00
         Sri Lanka                                  0.11        0.07             0.07          0.07         0.00         0.00          0.00          0.00
         Mexico                                     0.05        0.05             0.05          0.05         0.00         0.00          0.00          0.00
         Solomon Islands                            0.03        0.03                                        0.00         0.00        -0.03           0.00
         Cote d'Ivoire                              0.03        0.03             0.03          0.03         0.00         0.00          0.00          0.00
       World                                        6.07        6.03             6.05          6.05         0.00         0.00          0.02          0.33
      Oilseed, Palm Kernel
         Indonesia                                 11.20       12.00            12.00        12.20          0.20         1.67          0.20          1.67
         Malaysia                                   4.45        4.49             4.70          4.70         0.00         0.00          0.21          4.68
         Nigeria                                    0.90        0.90             1.10          1.10         0.00         0.00          0.20         22.22
         Thailand                                   0.83        0.86             0.86          0.86         0.00         0.00          0.00          0.00
         Colombia                                   0.32        0.33             0.35          0.35         0.00         0.00          0.02          6.06
         Guatemala                                  0.18        0.18             0.18          0.18         0.00         0.00          0.00          0.00
         Papua New Guinea                           0.17        0.17             0.18          0.18         0.00         0.00          0.01          5.88
         Honduras                                   0.16        0.16             0.16          0.16         0.00         0.00          0.00          0.00
         Brazil                                     0.15        0.15             0.16          0.16         0.00         0.00          0.01          6.67
         Cameroon                                   0.15        0.15             0.15          0.15         0.00         0.00          0.00          0.00
       World                                       19.14       20.07            20.51        20.71          0.20         0.98          0.64          3.19
      Oil, Palm
          Indonesia                                42.00       46.50            47.00        47.00          0.00         0.00          0.50          1.08
         Malaysia                                  18.15       18.39            19.00        19.00          0.00         0.00          0.61          3.32
         Thailand                                   3.38        3.42             3.45          3.45         0.00         0.00          0.03          0.88
         Colombia                                   1.76        1.80             1.90          1.90         0.00         0.00          0.10          5.56
         Nigeria                                    1.40        1.40             1.50          1.50         0.00         0.00          0.10          7.14
         Guatemala                                  0.88        0.91             0.92          0.92         0.00         0.00          0.01          1.10
         Papua New Guinea                           0.72        0.78             0.80          0.80         0.00         0.00          0.02          2.56
         Cote d'Ivoire                              0.58        0.60             0.60          0.60         0.00         0.00          0.00          0.00
         Honduras                                   0.60        0.60             0.60          0.60         0.00         0.00          0.00          0.00
         Brazil                                     0.55        0.57             0.59          0.59         0.00         0.00          0.01          1.75
       World                                       72.96       78.06            79.46        79.46          0.00         0.00          1.40          1.79
        World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                41                                                           February 2024
Global Market Analysis
                                                                                   Table 17 Cotton Area, Yield, and Production
                                                      Area                                         Yield                                           Production                                Change in Production
                                               (Million hectares)                         (Kilograms per hectare)                            (Million 480 lb. bales)
             Country / Region
                                                 Prel.      2023/24 Proj.                         Prel.   2023/24 Proj.                          Prel.       2023/24 Proj.          From last month       From last year
                                   2021/22     2022/23     Jan        Feb          2021/22      2022/23   Jan         Feb         2021/22      2022/23      Jan          Feb        MBales    Percent    MBales     Percent
     World                             32.28       31.70     31.63      31.69             772       798         779         775     114.49        116.26     113.18      112.82       -0.36      -0.31     -3.43       -2.95
     United States                      4.15        2.95      2.86          2.86          919     1,068         947         947      17.52         14.47      12.43       12.43        0.00       0.00     -2.03      -14.06
     Total Foreign                     28.13       28.75     28.77      28.83             751       771         762         758      96.96        101.79     100.75      100.39       -0.36      -0.35     -1.40       -1.37
     none
     South Asia
      India                            12.37       12.93     12.70      12.70             428       443         429         429      24.30         26.30      25.00       25.00        0.00       0.00     -1.30       -4.94
      Pakistan                          2.00        1.80      2.40          2.40          653       472         608         608       6.00          3.90          6.70       6.70      0.00       0.00      2.80       71.79
     China                              3.10        3.15      2.90          2.90      1,882       2,122    2,065       2,065         26.80         30.70      27.50       27.50        0.00       0.00     -3.20      -10.42
     South America
      Brazil                            1.37        1.60      1.66          1.66      1,720       1,595    1,910       1,910         10.82         11.72      14.56       14.56        0.00       0.00      2.84       24.23
      Argentina                         0.48        0.51      0.56          0.56          658       495         661         661       1.45          1.17          1.70       1.70      0.00       0.00      0.54       45.92
      Paraguay                          0.02        0.05      0.07          0.06          527       890         855         812       0.05          0.18          0.28       0.21     -0.07     -25.45      0.02       11.41
     Africa
      Burkina Faso                      0.60        0.62      0.49          0.54          351       273         311         313       0.96          0.78          0.70       0.77      0.07      10.00     -0.01       -0.65
      Mali                              0.72        0.60      0.70          0.71          432       269         389         399       1.43          0.74          1.25       1.30      0.05       4.00      0.57       76.87
      Cote d'Ivoire                     0.47        0.41      0.39          0.40          486       236         424         411       1.05          0.45          0.76       0.75     -0.02      -1.97      0.30       67.42
      Benin                             0.64        0.57      0.53          0.51          483       418         483         446       1.42          1.10          1.18       1.05     -0.13     -11.06     -0.06       -5.00
      Egypt                             0.09        0.14      0.11          0.11          717       661         693         693       0.28          0.43          0.35       0.35      0.00       0.00     -0.08      -17.65
      Cameroon                          0.23        0.23      0.25          0.25          606       563         578         587       0.64          0.60          0.65       0.66      0.01       1.54      0.06       10.00
      Tanzania                          0.34        0.36      0.47          0.47          164       184         220         220       0.26          0.31          0.47       0.47      0.00       0.00      0.17       54.10
      Nigeria                           0.27        0.27      0.27          0.27          282       282         282         282       0.35          0.35          0.35       0.35      0.00       0.00      0.00        0.00
      Zimbabwe                          0.25        0.24      0.24          0.24          191       195         195         195       0.22          0.22          0.22       0.22      0.00       0.00      0.00        0.00
      Ethiopia                          0.05        0.05      0.06          0.06          687       726         713         713       0.16          0.18          0.18       0.18      0.00       0.00      0.00        0.00
     Former Soviet Union - 12
      Uzbekistan                        1.03        1.05      1.03          1.03          606       684         613         613       2.87          3.30          2.90       2.90      0.00       0.00     -0.40      -12.12
      Turkmenistan                      0.55        0.55      0.55          0.55          356       356         356         356       0.90          0.90          0.90       0.90      0.00       0.00      0.00        0.00
      Tajikistan                        0.17        0.17      0.17          0.17          608       615         640         640       0.48          0.48          0.50       0.50      0.00       0.00      0.02        4.17
      Kazakhstan                        0.11        0.13      0.12          0.12          467       584         490         490       0.24          0.34          0.27       0.27      0.00       0.00     -0.07      -19.40
     Middle East
      Turkey                            0.45        0.56      0.44          0.44      1,839       1,922    1,583       1,583          3.80          4.90          3.20       3.20      0.00       0.00     -1.70      -34.69
      Syria                             0.03        0.03      0.03          0.03      1,132       1,132    1,132       1,132          0.13          0.13          0.13       0.13      0.00       0.00      0.00        0.00
      Iran                              0.10        0.10      0.10          0.10          871       871         762         762       0.40          0.40          0.35       0.35      0.00       0.00     -0.05      -12.50
     Australia                          0.64        0.65      0.47          0.52      2,006       1,943    2,388       2,029          5.85          5.80          5.10       4.80     -0.30      -5.88     -1.00      -17.24
     Mexico                             0.15        0.20      0.13          0.13      1,725       1,720    1,549       1,549          1.22          1.58          0.93       0.93      0.00       0.00     -0.66      -41.46
     Burma                              0.16        0.15      0.16          0.16          660       653         660         660       0.48          0.45          0.47       0.47      0.00       0.00      0.02        4.44
     Others                             1.76        1.65      1.80          1.79          549       582         503         512       4.42          4.41          4.17       4.20      0.03       0.72     -0.22       -4.96
       World and Selected Countries and Regions
Foreign Agricultural Service/USDA                                                    42                                                                     February 2024
Global Market Analysis
                                                                      TABLE 18
             The table below presents a record of the February projection and the final Estimate. Using world wheat production as an
             example, the "root mean square error" means that chances are 2 out of 3 that the current forecast will not be above or
             below the final estimate by more than 0.6 percent. Chances are 9 out of 10 (90% confidence level) that the difference will
             not exceed 0.9 percent. The average difference between the February projection and the final estimate is 2.5 million tons,
             ranging from 0 million to 7.3 million tons. The February projection has been below the estimate 32 times and above 10
             times.
                                             RELIABILITY OF PRODUCTION PROJECTIONS 1/
                                                                                        Difference between forecast and final estimate
                                                         90 percent
              COMMODITY AND          Root mean
                                                         confidence                                                                      Years
                 REGION             square error
                                                          interval                                                                Below      Above
                                                                        Average                Smallest            Largest         final     final
                                               Percent                                 ---Million metric tons---
             WHEAT
               World                   0.6                0.9            2.5                          0.0              7.3          32        10
               U.S.                    0.2                0.3            0.1                          0.0              0.3          19        11
               Foreign                 0.6                1.1            2.5                          0.0              7.3          32        10
             COARSE GRAINS 2/
               World                   1.3                2.2            11.1                         0.0             36.3          34         8
                U.S.                   0.2                0.3            0.2                          0.0              1.8          18        11
               Foreign                 1.8                3.1            11.2                         0.0             36.3          32         9
             RICE (Milled)
               World                   1.5                2.6            4.5                          0.1             14.0          33         9
                                       1.4                2.4            0.0                          0.0              0.3          12         6
               U.S.
               Foreign                 1.6                2.6            4.5                          0.1             14.0          33         9
             SOYBEANS
               World                   2.7                4.5            4.6                          0.4             15.3          23        19
               U.S.                    1.3                2.3            0.7                          0.0              3.2          18        18
               Foreign                 4.5                7.6            4.6                          0.3             14.9          25        17
             COTTON                                                           ---Million 480-lb. bales---
               World                   2.4                4.0            1.8                          0.0              5.4          30        12
               U.S.                    1.1                1.8            0.1                          0.0              0.3          14        27
               Foreign                 2.8                4.8            1.8                          0.1              5.7          30        12
             UNITED STATES                                                -------Million bushels-------
             CORN                      0.2                0.3             7                            0                72          2          6
             SORGHUM                   0.1                0.2             0                            0                 4          0          2
             BARLEY                    0.9                1.6             1                            0                11          21         4
             OATS                      0.4                0.7             0                            0                 2          5          4
             1/ Marketing years 1981/82 through 2022/23 for grains, soybeans, and cotton. Final for grains, soybeans, and
             cotton is defined as the first November estimate following the marketing year for 1981/82 through 2020/21,
             and for 2022/23 the last month’s estimate.
             2/ Includes corn, sorghum, barley, oats, rye, millet, and mixed grain
             February 2024                                                                             Global Market Analysis, FAS, USDA
Foreign Agricultural Service/USDA                                       43                                                                     February 2024
Global Market Analysis