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USDA WASDE

Agricultural
Supply & Demand

Monthly USDA World Agricultural Supply and Demand Estimates — production, consumption, exports and ending stocks by country.

USDA FAS PSD Next: July 11, 2026

World Agricultural Supply and Demand Estimates

Released monthly by the USDA Foreign Agricultural Service. Covers 7 major commodities and 12+ producing countries.

USDA FAS PSD Online · Market Year 2025/26
Last Report
June 11, 2026
Next Report
July 11, 2026
Official Reports →
World Production
670,000
1000 MT · 2025/26
#1 Producer
🇨🇳 China
137,000 1000 MT
World Exports
190,500
1000 MT
Ending Stocks
257,700
1000 MT
Supply & Demand — 2025/26 12 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇨🇳 China
137,000 155,000 1,200 152,000
2
🇮🇳 India
113,000 104,000 2,000 31,000
3
🇪🇺 European Union
128,000 120,000 32,000 16,000
4
🇷🇺 Russia
83,000 38,500 50,000 12,000
5
🇺🇸 United States
49,800 29,400 22,600 18,500
6
🇨🇦 Canada
32,000 9,100 24,500 5,200
7
🇦🇺 Australia
26,000 7,500 19,000 4,500
8
🇵🇰 Pakistan
27,000 26,500 200 5,200
9
🇺🇦 Ukraine
23,000 6,400 15,000 2,800
10
🇰🇿 Kazakhstan
12,700 7,200 8,500 3,200
11
🇦🇷 Argentina
18,500 7,200 11,500 2,800
12
🇹🇷 Turkey
20,000 19,000 4,000 4,500
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇨🇳 China
137,000
🇮🇳 India
113,000
🇪🇺 European Union
128,000
🇷🇺 Russia
83,000
🇺🇸 United States
49,800
World Production
1,042,748
1000 MT · 2025/26
#1 Producer
🇺🇸 United States
389,748 1000 MT
World Exports
157,700
1000 MT
Ending Stocks
305,500
1000 MT
Supply & Demand — 2025/26 10 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇺🇸 United States
389,748 325,900 56,000 54,500
2
🇨🇳 China
291,000 305,000 500 208,000
3
🇧🇷 Brazil
127,000 76,000 35,000 12,000
4
🇪🇺 European Union
63,000 80,000 4,500 10,500
5
🇦🇷 Argentina
50,000 12,000 35,500 3,500
6
🇺🇦 Ukraine
27,000 6,000 21,000 2,500
7
🇮🇳 India
36,000 35,000 500 4,500
8
🇲🇽 Mexico
27,500 45,000 200 5,500
9
🇿🇦 South Africa
16,000 12,000 3,000 2,500
10
🇷🇺 Russia
15,500 14,000 1,500 2,000
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇺🇸 United States
389,748
🇨🇳 China
291,000
🇧🇷 Brazil
127,000
🇪🇺 European Union
63,000
🇦🇷 Argentina
50,000
World Production
396,140
1000 MT · 2025/26
#1 Producer
🇧🇷 Brazil
169,000 1000 MT
World Exports
178,800
1000 MT
Ending Stocks
88,000
1000 MT
Supply & Demand — 2025/26 9 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇧🇷 Brazil
169,000 62,000 106,000 34,000
2
🇺🇸 United States
113,340 62,500 52,000 8,200
3
🇦🇷 Argentina
51,000 43,500 3,500 14,500
4
🇨🇳 China
20,500 121,000 400 25,000
5
🇮🇳 India
13,500 13,000 500 1,500
6
🇵🇾 Paraguay
10,500 1,500 7,500 2,000
7
🇨🇦 Canada
6,800 3,500 3,700 1,100
8
🇷🇺 Russia
6,700 3,500 1,200 1,100
9
🇺🇦 Ukraine
4,800 800 4,000 600
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇧🇷 Brazil
169,000
🇺🇸 United States
113,340
🇦🇷 Argentina
51,000
🇨🇳 China
20,500
🇮🇳 India
13,500
World Production
71,850
1000 MT · 2025/26
#1 Producer
🇮🇩 Indonesia
46,500 1000 MT
World Exports
46,700
1000 MT
Ending Stocks
10,150
1000 MT
Supply & Demand — 2025/26 8 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇮🇩 Indonesia
46,500 21,000 28,000 3,500
2
🇲🇾 Malaysia
19,200 8,000 16,000 2,300
3
🇹🇭 Thailand
3,200 1,900 1,200 400
4
🇨🇴 Colombia
1,500 800 600 200
5
🇳🇬 Nigeria
1,050 900 100 150
6
🇮🇳 India
200 9,500 100 1,500
7
🇨🇳 China
100 7,000 200 1,200
8
🇪🇺 European Union
100 7,500 500 900
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇮🇩 Indonesia
46,500
🇲🇾 Malaysia
19,200
🇹🇭 Thailand
3,200
🇨🇴 Colombia
1,500
🇳🇬 Nigeria
1,050
World Production
109,850
1000 480LB Bales · 2025/26
#1 Producer
🇮🇳 India
31,000 1000 480LB Bales
World Exports
36,700
1000 480LB Bales
Ending Stocks
64,200
1000 480LB Bales
Supply & Demand — 2025/26 9 markets
1000 480LB Bales
# Country Production Consumption Exports End. Stocks
1
🇮🇳 India
31,000 27,000 5,000 12,500
2
🇨🇳 China
25,000 40,000 200 36,000
3
🇧🇷 Brazil
17,000 4,200 11,500 4,500
4
🇺🇸 United States
14,000 2,700 12,000 4,400
5
🇵🇰 Pakistan
8,500 12,500 200 2,800
6
🇦🇺 Australia
5,800 100 5,700 1,200
7
🇹🇷 Turkey
4,300 7,500 300 1,800
8
🇺🇿 Uzbekistan
3,500 2,000 1,200 800
9
🇦🇷 Argentina
750 200 600 200
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 480LB Bales

🇮🇳 India
31,000
🇨🇳 China
25,000
🇧🇷 Brazil
17,000
🇺🇸 United States
14,000
🇵🇰 Pakistan
8,500
World Production
154,900
1000 MT · 2025/26
#1 Producer
🇧🇷 Brazil
44,000 1000 MT
World Exports
58,100
1000 MT
Ending Stocks
19,700
1000 MT
Supply & Demand — 2025/26 11 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇧🇷 Brazil
44,000 17,000 34,000 3,500
2
🇮🇳 India
35,000 29,000 8,000 5,000
3
🇪🇺 European Union
18,000 18,000 1,800 2,200
4
🇨🇳 China
10,500 16,000 200 2,500
5
🇹🇭 Thailand
10,500 4,500 7,500 1,200
6
🇺🇸 United States
8,500 11,000 200 1,600
7
🇵🇰 Pakistan
8,500 6,500 800 1,000
8
🇷🇺 Russia
6,500 6,000 500 900
9
🇲🇽 Mexico
6,000 5,500 800 800
10
🇦🇺 Australia
5,000 1,800 3,800 600
11
🇨🇴 Colombia
2,400 2,000 500 400
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇧🇷 Brazil
44,000
🇮🇳 India
35,000
🇪🇺 European Union
18,000
🇨🇳 China
10,500
🇹🇭 Thailand
10,500
World Production
464,100
1000 MT · 2025/26
#1 Producer
🇨🇳 China
149,500 1000 MT
World Exports
55,850
1000 MT
Ending Stocks
181,800
1000 MT
Supply & Demand — 2025/26 12 markets
1000 MT
# Country Production Consumption Exports End. Stocks
1
🇨🇳 China
149,500 154,000 5,000 111,000
2
🇮🇳 India
135,000 109,000 22,000 42,000
3
🇮🇩 Indonesia
35,500 38,500 400 4,800
4
🇧🇩 Bangladesh
36,000 37,500 100 4,500
5
🇻🇳 Vietnam
27,500 22,500 7,500 3,900
6
🇹🇭 Thailand
20,000 15,000 8,500 3,500
7
🇲🇲 Myanmar
11,800 9,000 3,200 1,800
8
🇵🇭 Philippines
12,500 15,000 100 2,400
9
🇧🇷 Brazil
11,200 13,000 1,000 2,700
10
🇵🇰 Pakistan
9,000 4,200 4,200 1,600
11
🇺🇸 United States
8,500 4,500 3,800 1,200
12
🇯🇵 Japan
7,600 8,000 50 2,400
Data: USDA FAS PSD Online · Market year 2025/26 · Reference data (USDA sync pending)

Top 5 Producers — 5-Year Trend 1000 MT

🇨🇳 China
149,500
🇮🇳 India
135,000
🇮🇩 Indonesia
35,500
🇧🇩 Bangladesh
36,000
🇻🇳 Vietnam
27,500

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