Grain: World Markets and Trade

Transcription

1 Department of Agriculture Foreign Agricultural Service Circular Series FG 7-9 July 29 Grain: World Markets and Trade Argentina s Role Shrinks in the World Wheat Export Market MMT Exports Market Share 1% /2 World Trade 112 MMT Year Average (1-6) 26/7 27/8 28/9 2% 29/21 World Trade 122 MMT In the past decade, world wheat consumption has grown by nearly 6 million tons (1 percent) due to growing populations, rising incomes, and changing tastes and preferences (see charts on following page) in the countries of the former Soviet Union, South Asia, and North Africa. Additionally, short crops in the Middle East and North Africa boosted import demand, particularly last year. Yet, despite the need for more global supplies to meet the growing demand, Argentina s exports have plunged 8 percent in only 4 years due to falling production and declining exportable surpluses. Acreage historically planted to wheat has shifted to other more profitable crops particularly soybeans. Wheat yields remain relatively low with limited use of costly inputs such as fertilizer and herbicides. But the biggest reason for falling production and smaller exportable surpluses may be the government s history of unexpectedly imposing export restrictions and taxes on various commodities, including wheat. That not only has created uncertainty for farmers and jeopardized their export sales and profitability, but perhaps also encouraged them to shift to crops less affected by government intervention. Once a major player in the world wheat market, Argentina has been relegated to a minor role as government policies and drought have combined to make the country an unreliable supplier of wheat to the world market. Approved by the World Agricultural Outlook Board - USDA

2 Rate of Foreign* Wheat on Accelerates While Rice Slows *Foreign Excludes the 62 6 Wheat on: Actual Versus Trends C= Year R² = Average Annual Change 6.2 MMT 8 6 MMT Average Annual Change 3.8 MMT C= Year R² = Actual on Trend -9 Trend Rice on: Actual Versus Trends 48 4 C= Year R² = Average Annual Change 4.2 MMT 42 MMT Average Annual Change.6 MMT C= Year R² = Actual on Trend -9 Trend The average annual rate of change in foreign wheat consumption has accelerated from 3.8 to 6.2 MMT, or 6 percent, while that of rice consumption has decelerated from.6 to 4.2 MMT, or 2 percent.

3 TABLE OF CONTENTS World Markets and Trade: Commentary and Current Data Wheat... Rice Coarse Grains Historical Data Series for Selected Regions and Countries Endnotes to Grain: World Markets and Trade... 8 The Foreign Agricultural Service (FAS) updates its production, supply and distribution database for cotton, oilseeds, and grains at 9 a.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. It is available on the FAS website ( This circular is released at 1: a.m. on the same day, together with its downloadable data set. 3 Grain: World Markets and Trade, July 29

4 All Grain Summary Comparison Wheat Rice, Milled Corn Marketing Year 27/8 28/9 27/8 28/9 27/8 28/9 Production (Jun-May) Other Domestic on (Jun-May) Other Ending Stocks (Jun-May) Other TY Imports (Jun-May) Other TY Exports (Jun-May) Other Note: on in this table has not been adjusted for differences in marketing year imports and exports and therefore differs from global totals shown elsewhere. Marketing years for U.S. grains are: Wheat (Jun-May), Rice (Aug-Jul), Corn (Sep-Aug). 'Marketing Year' column is germane for U.S. wheat only.

5 WHEAT: WORLD MARKETS AND TRADE PRICES: Domestic: Prices for all wheat classes fell in June on expectations of larger supplies with the U.S winter wheat harvest. Hard Red Winter (HRW) dropped $29 to $248/ton, Soft Red Winter (SRW) slipped $2 to $2/ton, Hard Red Spring (HRS) declined $26 to $284/ton, and Soft White (SWW) was down $12 to $224/ton. $/MT /3 4/1 4/17 1 U.S. Weekly FOB Export Bids 4/24 /1 /8 /1 /22 /29 6/ 6/12 6/19 6/26 HRW SRW HRS WW TRADE CHANGES IN 29/21 Selected Exporters: Argentina is slashed 1. million tons to 2. million, the lowest in 3 years, on reduced crop prospects. Canada is cut, tons to 17. million based on lower production and reduced exportable supplies. Kazakhstan is raised, tons to 7. million based on larger exportable supplies. Russia is up, tons to 18. million on greater production and the relative competitiveness of its wheat. Ukraine is boosted 1. million tons to 6. million on larger crop prospects. is up, tons to 2. million based on a larger crop and reduced competition from Argentina and Canada. Selected Importers: Syria is increased 3, tons to 1. million based on the government s desire to build up its reserves after several years of declining stocks. Grain: World Markets and Trade, July 29

6 TRADE CHANGES IN 28/29 Selected Exporters: Argentina is raised 6, tons to 8.4 million on larger-than-expected exports. Canada is raised 7, tons to 17.7 million based on the higher pace of exports. EU is boosted 2. million tons to 24. million on the continued high pace of export licenses to end the year. Russia is raised, tons to a record 18. million on the continued heavy pace of shipments. is reduced 3, tons to 26.7 million on slow late season shipments. Selected Importers: Brazil, EU, Iraq, Morocco, Nigeria, Syria, and Yemen, and others are raised due to higher-than-expected shipments. 6 Grain: World Markets and Trade, July 29

7 World Wheat, Flour, and Products Trade July/June Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports 2, 4, 8,4 1,237 12,168 8,216 Argentina 14, 14, 13, 7,449 11,241 1,211 Australia 17, 18, 17,7 16,82 19,278 1,633 Canada 1, 1, 7 2,83 2,783 1,397 China 18, 18, 24, 12,271 13,816 1,71 2, 2, India 7, 6,, 8,181 8,89 3,817 Kazakhstan 18, 18, 18, 12,2 1,84 1,14 Russia 2,3 2,1 2, 1,763 2,2 3,28 Turkey 6,, 12, 1,236 3,366 6,461 Ukraine 7,124 7,224 8,418 9,3 6,844 6,9 96,924 96, ,618 82,422 9,69 86,86 2, 24, 26,7 34,328 2,41 27, , , , ,7 11,61 114,1 TY Imports,4,4,6,94 4,874,476 Algeria 2, 2, 2,8 1, 1,731 2,34 Bangladesh,7,7 6, 7,136 7,74,823 Brazil 1,4 1,4 1,32 1,39 1,241 1,314 Colombia 8, 8, 9, 7,7 7,3 7,771 Egypt 6, 6, 7, 6,942,137 6,78,,,3,48,711 4,981 Indonesia 6, 6, 8, 2 7 1,1 Iran 3,8 3,8 3,7 3,424 2,912 4,996 Iraq 1,8 1,8 2, 1,186 1,48 1,663 Israel,,,,71,747,469 Japan 3,4 3,4 3,2 3,92 3,439 3,884 Korea, South 1,6 1,6 1, 1, ,722 Libya 3,4 3,4 3,4 3,136 3,61 3,49 Mexico 1,8 1,8 4, 4,191 1,81 2,418 Morocco 3, 3,4 3, 2,677 3,26 3,678 Nigeria 1,2 1,2 1, 1,42 1,367 1,644 Peru 3, 3, 3,2 2,271 2,746 2,94 Philippines 1, 1, 1, 1, ,242 South Africa 1,4 1,4 1, 1,64 1,33 1,69 Sudan 1, 1,2 1, Syria 1, 1, 1,8 2,372 1,433 1,263 Tunisia 1,7 1, 3, 2,192 1, Turkey 1,7 1,7 1,6 1,498 1,76 1,691 Venezuela 2,3 2,1 2,3 1,872 2,42 2,187 Yemen 34, 34, 4, 3,449 38,683 33,248 11,98 11,18 132,28 11,883 11,29 18,824 2,844 3,44 2,838 2,937 1,97 2,877 Unaccounted 3,1 3,1 3,2 2,93 3,394 2,39 121, , , ,7 11,61 114,1 TY=Trade Year, see Endnotes.

8 World Wheat Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production 9, 11, 8,4 18, 16, 14, Argentina 23, 23, 21, 13,838 1,822 2,173 Australia 23, 2, 28,61 2,4 2,26 2,748 Canada 113, 113, 112, 19,298 18,466 97,44 China 7,9 7,9 7,883 8,27 8,274 8,184 Egypt 134,63 13,961 11,638 12,23 124,87 132,36 77,6 77, 78,6 7,81 69,3 68,64 India 12, 12, 1, 1, 14, 14,38 Iran 14, 14, 12, 16,6 13, 11, Kazakhstan 6, 6, 3,73 1,83 6,327 3,43 Morocco 24, 24, 21, 23,3 21,277 21,612 Pakistan 6, 9, 63,7 49,4 44,9 47,7 Russia 17,8 18, 16,8 1, 17, 18, Turkey 18, 18, 2,9 13,9 14, 18,7 Ukraine 6,2 6,2 6, 6,2,8,8 Uzbekistan 49,842 49,642 4,37 48,114 4,2 49,611 98,99 61,23 614,298,17 46,43 62,32 7,489 4,89 68,26,821 49,217 7,243 66,484 66,62 682,324 61,928 9,62 619,63 Total on 8,2 8,2 8,1 8, 7,8 7,7 Algeria 1,9 1,9 1,7 1,3 1,3 1,4 Brazil 8,3 8,8 9,19 6,373 8,986 8,242 Canada 11, 11, 12, 16, 12, 11, China 16,8 16,8 16, 1,9 1,4 14,8 Egypt 127, 127, 127, 116,36 12, 127,2 72, 72, 7,3 76,34 73,36 69,98 India 1,9 1,9 1,6 1, 1,3 14,8 Iran 7, 7, 7, 7, 7, 7,4 Kazakhstan 7, 7,3 7,4 7,3 7,1 6,8 Morocco 23,3 23,3 22,8 22,4 21,9 2,9 Pakistan 4, 4, 38,7 37,7 36,4 38,4 Russia 17,3 17, 16,9 16,8 16,6 16,1 Turkey 12,6 12,8 13,8 12,9 11,7 12, Ukraine 7,1 7,1 7, 6,8 6, 6,118 Uzbekistan 126,484 12, , ,824 12,73 122,341 68,187 67,77 62,199 88,139 84,363 91,24 34,374 34,12 33,966 28,74 3,94 31,32 642,61 641,89 636,16 616,713 61,33 622,6 Ending Stocks,987,987,462 4,687 4,426 9,64 Australia,331 6,31 6,831 4,61 6,86 9,698 Canada 9,863 9,713 48,63 38,963 38,4 34,387 China 14,736 17,443 19,83 12,44 14,7 23,384 17,1 16,91 13,91,8 4, 2, India 6,7 6,7 4,7 3,17 3,7 3,27 Iran 1,269 1,269 8,469 1,819 2,231 3,44 Russia 42,8 42,13 42,376 41,441 4,13 4, ,3 16,4 149,21 112, ,67 131,119 19,22 17,61 18,14 8,323 12,414 1,4 181, ,6 167,3 121, , ,664

9 Regional Wheat Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America 6,14 7,32 6,42 6,9 6,8 6,8 Central America 1,6 1,82 1,46 1, 1, 1, Caribbean 1,889 1,828 2,43 2,7 2,7 2,7 South America 12,34 13,979 13,171 13,7 12,29 12,19 European Union 6,78,137 6,942 7, 6, 6, Other Europe 1,47 1,468 1,923 1,67 1,67 1,67 Former Soviet Union - 12,487,98 6,21 6,72,4,4 Middle East 13,4 12,187 11,772 26,27 2,6 21,3 North Africa 18,6 16,42 21,736 22,4 18,8 18,8 Sub-Saharan Africa 13,169 11,639 1,36 13,6 12,46 12,66 East Asia 12,82 11,893 11,277 11,3 11, 11, South Asia 4,842 1,949 8,272 1,12,11,11 Southeast Asia 11,923 12,49 11,649 12, 12,7 12,7 Oceania Total 111, ,63 113,813 13,48 118,28 119,8 Production North America 86,11 77,722 79,468 1,636 83,89 84,989 Central America Caribbean South America 22,422 2,872 24,812 17,294 2,23 19,3 European Union 132,36 124,87 12,23 11,638 13, ,63 Other Europe 4,176 4,331 4,379 4,61 4,81 4,61 Former Soviet Union ,923 84,977 92,691 11,3 14,39 16,39 Middle East 42,97 41,78 39,912 32,196 36,12 36,2 North Africa 1,178 18,76 13,948 14,88 19,2 19,2 Sub-Saharan Africa,219,724,47 6,242 6,138 6,138 East Asia 98,62 19,669 11,9 113, , ,718 South Asia 96,34 9,881 1,7 13,9 17,32 17,42 Southeast Asia Oceania 2,466 11,99 14,11 21,777 23,277 23,277 Total 619,63 9,62 61, ,324 66,62 66,484 Domestic on North America 4,662 46,126 4,447 49,36 49,22 49,24 Central America 1,4 1,491 1,341 1,4 1,42 1,42 Caribbean 1,889 1,822 2,38 2,69 2,73 2,73 South America 24,136 23,876 23,964 24,4 24,98 2,3 European Union 127,2 12, 116,36 127, 127, 127, Other Europe,897,4,8,8,79,79 Former Soviet Union ,41 72,627 7,62 78,22 78,6 78,4 Middle East,422 1,33,9 2,1 1,86 2,61 North Africa 33,847 34,2 3,894 36,72 37,22 37,42 Sub-Saharan Africa 17,777 16,66 1,89 18,6 18,6 18,76 East Asia 114, ,94 117, 114,9 112,79 112,79 South Asia 1,31 1,14 19,41 13,13 1,98 1,98 Southeast Asia 11,1 11,694 1,99 12,32 12,4 12,4 Oceania 7,334 8,34 7,94 7,73 8, 8, Total 616, , ,82 633,3 636,86 637,38 Ending Stocks North America 2, 19,693 13,266 2,17 24,923 2,338 Central America Caribbean South America 4,444 4,668,286 3,87 3,783 4,43 European Union 23,384 14,7 12,44 19,83 17,443 14,736 Other Europe 1,336 1,121 1,17 1,422 1,497 1,397 Former Soviet Union ,88 8,63 9,49 17,9 18,719 18,419 Middle East 13,489 12,4 1,617 12,726 13,874 13,974 North Africa 9,233 9,749 9,287 9,31 9,37 9,47 Sub-Saharan Africa 1,48 1,731 1,63 1,91 1,92 1,692 East Asia 36,66 4,838 41,781 1,488 62,646 62,796 South Asia 6,28 7,61 8,493 16,4 19,8 19,9 Southeast Asia 2,21 2,662 2,84 2,72 2,9 2,69 Oceania 9,819 4,632 4,877,69 6,176 6,176 Total 146, , , ,3 182,6 181,278

10 Regional Wheat Imports, Production, on, and Stocks (Continued) Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

11 RICE: WORLD MARKETS AND TRADE India: Who/What Filled the Vacuum Left by Trade Restrictions? India, the world s third largest exporter, began trying to limit non-basmati rice exports in October 27 and finally banned them in April 28. This series of policy changes contributed to the panic that caused prices to skyrocket through May of that year. Though their exports dropped nearly 3 million tons in 28 and are expected to drop an additional million tons in 29, the panic has largely abated, prices have fallen, and both stocks and consumption in the rest of the world are rising. What is going on? First, India is an erratic trader, and exports were abnormally high in 27. Second, competitors Thailand, Vietnam, Pakistan, Burma, and Brazil collectively expanded exports by 1.7 million tons in 28, much of which went to historically Indian markets in Africa. Exports from these countries have continued in 29. Third, in a bid to attain self-sufficiency, a number of countries, including Indonesia, Bangladesh, and Brazil increased production, reducing the need for imports, which allowed supplies to go elsewhere. This trend is expected to continue into 21. Lastly, the export ban was not complete, as some government sales were made to Bangladesh and countries in Africa. Case Study: West Africa Though Indian exports to West Africa plummeted by 1.2 million tons in 28 and are not expected to recover much in 29, other exporters made up for all but 9, tons, an amount covered by larger production. Thailand s exports grew the most, but Vietnam, Pakistan, and others also boosted their sales. This pattern is expected to continue through 29, though Thailand s share is falling. Population growth means supply needs to expand at a faster rate, but the short-term rice situation appears less dire than originally feared when India exited the market last year. TMT West African Rice Imports--Barely a Decline Forecast Vietnam Thailand India Grain: World Markets and Trade, July 29 11

12 India s Re-entry Uncertain It is unclear when India will re-enter the non-basmati market, though reportedly, it could be soon. However, it remains to be seen whether India will regain market share in West Africa and other traditional markets that have found new suppliers or increased their own production. Much will depend on prices and government policies in other exporting countries. SELECTED TRADE CHANGES FOR 29 (UNLESS NOTED) China s exports are slashed, tons to 8, as high domestic prices are making exports uncompetitive. Burma s 29 and 21 exports are raised to 8, tons (from, tons and 3, tons, respectively) on expectations that the current, faster-than-anticipated export pace will continue. Thailand s exports are down, tons to 8. million on delays in the release of government intervention stocks. Imports, on the other hand, are a record 3, tons due to unusually high border trade with Cambodia. Cambodia s exports are up 4, tons to 8, on reports of increased cross-border trade, especially with Thailand. Pakistan s exports are cut 4, tons to 3.6 million based on slower-than-expected shipments. Vietnam s exports are up 3, tons to. million on higher export pace-to-date, fueled by sales to the Philippines. exports increased 1, tons in 29 to 3.2 million and, tons in 21 to 3.1 million on expectations that the current heightened pace will continue, especially for medium grain. Philippines 21 imports are raised 6, tons to 2.4 million on expectations that election spending will spur demand. In addition, slightly lower production will necessitate greater imports. Brazil s imports are down 14, tons to 47, due to near-record domestic supplies. Grain: World Markets and Trade, July 29 12

13 World Rice Trade January/December Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports Argentina Brazil Burma Cambodia China 1,216 1, ,3 1,3 Egypt 98 1, Guyana India 4,37 6,31 3,383 2, 4, 4, Japan Pakistan 3,79 2,696 3, 3,6 3,3 3,3 Thailand 7,376 9,7 1,11 8, 8, 8, Uruguay Venezuela Vietnam 4,7 4,22 4,649,,, ,813 28,81 26,369 2, 26,1 26,96 3,37 3,29 3,294 3,2 3,1 3,1 29,12 31,844 29,663 28,7 29,61 3,11 TY Imports Bangladesh 31 1,7 1,68 7 Brazil Canada China Cote d'ivoire Cuba ,221 1,342 1,18 1,2 1,2 1,2 Ghana Haiti Hong Kong Iran 1, 1, 1, 1,7 1,7 1,7 Iraq 1, , 1,7 1,7 Japan Malaysia , Mexico Mozambique Nigeria 1,6 1, 1,6 1,6 1,6 1,6 Philippines 1,791 1,9 2, 1,7 1,7 2,4 Saudi Arabia ,36 1,37 1,4 1,4 Senegal Singapore South Africa Syria Vietnam Yemen ,61 9,644 7,877 7,644 7,364 7,364 2,72 28,647 27,62 2,664 2,839 26,489 Unaccounted 2,762 2,2 1,41 2,336 3,26 2, ,12 31,844 29,663 28,7 29,61 3,11 TY=Trade Year, see Endnotes. Note about dates: 28/9 is calendar year 29, 27/8 is calendar year 28, and so on.

14 World Rice Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Milled Production Bangladesh 28,78 29, 28,8 31, 31, 31, Brazil 7,874 7,69 8,199 8,84 9, 9, Burma 1,44 1,6 1,73 1,1 1,73 1,73 Cambodia 3,771 3,946 4,221 4,284 4,4 4,4 China 126, ,2 129,8 134,33 134,4 13,1 Egypt 4,13 4,383 4,38 4,387 4,374 4,374 India 91,79 93,3 96,69 99,37 99, 99, Indonesia 34,99 3,3 37, 38,3 37,6 37,6 Japan 8,27 7,786 7,93 8,29 7,71 7,71 Korea, South 4,768 4,68 4,48 4,843 4, 4, Nigeria 2,7 2,9 3, 3,2 3,4 3,4 Pakistan,47,4,7 6,3 6,2 6,2 Philippines 9,821 9,77 1,479 1,73 1,71 1,71 Thailand 18,2 18,2 19,3 19,4 2, 2, Vietnam 22,772 22,922 24,37 23,664 23,76 23,79 31,11 31,166 31,96 31,36 34,143 34, , ,43 427,32 438,26 441, ,237 7,1 6,267 6,344 6,1 7,3 6, ,421 42,67 433, , ,12 448,984 Total on Bangladesh 29, 29,764 3,747 31, 31,8 31,8 Brazil 8,46 7,92 8,24 8,71 9,8 8,8 Burma 1,4 1,67 1,249 9,7 1,4 9,9 Cambodia 3,71 3,646 3,771 3,34 4, 4, China 128, 127,2 127,4 129,3 131,8 131,8 Egypt 3,32 3,276 3,39 4, 3,68 3,68 India 8,88 86,7 9,466 92,87 93, 93, Indonesia 3,739 3,9 36,3 37,647 37,4 37,693 Iran 3,274 3, 3,7 3, 3,6 3,6 Japan 8,2 8,2 8,177 8,37 8,2 8,2 Korea, South 4,766 4,887 4,67,7 4,7 4,7 Nigeria 4,3 4,4 4, 4,9,1,1 Philippines 1,722 12, 13,499 13,6 13,449 13,4 Thailand 9,44 9,78 9,6 1,292 1,4 1,4 Vietnam 18,392 18,77 19,4 19,1 19,1 19,1 4,86 47,448 48,111 47,73 49,9 49,89 411, ,4 424, , , ,199 3,828 4,12 4,7 4,233 4,216 4,216 41, ,7 428, ,29 443,43 443,41 Ending Stocks China 36,783 3,91 37,641 42,21 44,44 44,1 India 1,2 11,43 13, 17, 19, 19, Indonesia 3,27 4,67,67 6,6 6,87 6,87 Japan 2,39 2,46 2,6 2,71 2,72 2,72 Philippines,293 4,868 4,418 3,21 3,2 3,86 Thailand 3,94 2,1 2,27 3,11 4,223 4,223 Vietnam 1,317 1,392 2,18 1,432 1,771 1,477 11,1 1,79 11,89 11,663 11,363 11,96 74,619 73,837 79,36 88,247 93,836 93,784 1,371 1, , ,99 7,13 8,248 88,94 94,993 94,9 Note: All data are reported on a milled basis.

15 Regional Rice Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America 1,2 1,64 1,93 1,67 1,76 1,7 Central America Caribbean 1, ,2 92 1, 1, South America 1,9 1,7 1,119 1,1 1,16 1,16 European Union 1,221 1,342 1,18 1,2 1,2 1,2 Other Europe Former Soviet Union Middle East,24 4,778,743,74,88,88 North Africa Sub-Saharan Africa 7,447 7,84 7,264 7,36 7,48 7,48 East Asia 2,17 2,318 1,646 1,78 1,876 1,876 South Asia 92 1,962 2, Southeast Asia 4,122,742 4,637 4, 3,743 4,393 Oceania Total 26,38 29,342 28,23 26,364 26,89 27,224 Production North America 7,286 6,448 6,22 6,7 7,278 6,99 Central America Caribbean South America 14,7 14,292 1,649 1,31 16,81 16,7 European Union 1,744 1,76 1,822 1,684 1,889 1,91 Other Europe Former Soviet Union , 1, 1,7 1,12 1,27 Middle East 2,372 2,38 2,738 2,8 2,3 2,3 North Africa 4,17 4,413 4,46 4,48 4,49 4,49 Sub-Saharan Africa 8,64 9,23 9,391 9,922 1,31 1,31 East Asia 142, , ,67 1,14 149,9 1,29 South Asia 131, , ,3 141,91 142,98 142,98 Southeast Asia 12,944 13,778 19,36 19,882 11,726 11,761 Oceania Total 418,421 42,67 433, , ,12 448,984 Domestic on North America 4,936,231,181,393,416,416 Central America 1,63 1, 1,1 1,9 1,4 1,4 Caribbean 1,732 1,829 1,863 1,837 1,922 1,922 South America 14,2 13,418 14,188 14,69 1,239 14,99 European Union 2,664 2,941 3,24 2,7 2,97 2,96 Other Europe Former Soviet Union ,346 1,342 1,283 1,372 1,367 1,367 Middle East 7,629 7,86 7,78 7,99 8,26 8,26 North Africa 3,7 3,46 3,721 4,36 4,2 4,2 Sub-Saharan Africa 16,42 16,924 17,367 17,44 17,741 17,741 East Asia 144, , ,31 146,6 148, ,221 South Asia 121, , ,4 132,23 133,64 134,14 Southeast Asia 92,49 94,986 97,233 98,11 99,8 99,469 Oceania Total 412,19 418, , ,698 44,2 44,124 Ending Stocks North America 1,3 1,412 1, , Central America Caribbean South America 2,199 2,23 2,46 2,378 2,442 2,814 European Union 1,181 1,138 1,136 1,4 1,13 1,14 Other Europe Former Soviet Union Middle East 2,79 1,697 2,2 1,89 1,924 1,924 North Africa Sub-Saharan Africa 1,33 1,21 1,341 1, East Asia 4,329 39,317 41,163 4,928 48,23 48,286 South Asia 11,317 12,636 14,6 19,141 21,234 21,34 Southeast Asia 14,469 14,426 1,28 1,31 16,74 16,394 Oceania Total 7,99 7,13 8,248 88,94 94,993 94,9

16 Regional Rice Imports, Production, on, and Stocks (Continued) Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

17 COARSE GRAINS: WORLD MARKETS AND TRADE PRICES: U.S. corn and sorghum export prices averaged $18 and $184 per ton, respectively, in June, nearly unchanged from May. However, since the release of the NASS June 3 Acreage Report, prices have steadily dropped to $16 and $12 respectively. The June Acreage Report indicates that farmers have planted the second-largest corn crop since Good crop weather, a firm dollar, and weak commodity markets continue to pressure prices. TRADE CHANGES IN Selected Exporters $/MT Jun-3 U.S. Gulf Export Bids (Monthly Average) Dec-3 Jun-4 Dec-4 Jun- Dec- Jun-6 Dec-6 Jun-7 Sorghum (Texas Gulf) Dec-7 Jun-8 Dec-8 Corn Jun-9 U.S. corn is boosted 1. million tons to. million because of less competition from Brazil. Brazilian corn is cut, tons to 9. million with lowered prospects for winter corn (which is largely exported). Ukrainian corn is up, tons for the second month in a row (to 3. million), while Russia is halved to, tons on reduced crop prospects. TRADE CHANGES IN 28/9 Selected Exporters U.S. corn is boosted 1. million tons to 4. million because of a recent pick-up in sales and shipments. Ukrainian corn is raised 3, tons to a record. million based on strong demand and trade data. Russian barley is increased, tons to a record 3.3 million on stronger-thanexpected June shipments, particularly to Saudi Arabia. U.S. sorghum is up 2, tons to 3. million on export commitments to Mexico. Selected Importers Venezuelan corn is up 2, tons to 1. million based on the pace of recent sales and shipments. (Imports for are also boosted by 2, tons.) 17 Grain: World Markets and Trade, July 29

18 World Coarse Grain Trade October/September Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports 9,7 9,7 8,2 17,786 17,191 11,243 Argentina 4,96 4,96 4,72 3,89 1,993,614 Australia 9,6 1,1 9,6 8,32 8,188 2,826 Brazil 4,22 4,22 4,7 6,379 3,787 4,1 Canada,,,8 4,679,467 3,62 1,2 1,2 7, India 2,3 2,6 4,62 1,419 1,836 1,42 Russia 1,2 1,2 1, nr Serbia 2,2 2,2 2,2 1, ,429 South Africa 8,1 7,1 11,3,99 3,942 7,439 Ukraine 4,8 4,8 4,426,9 1,994 8,873 3,42 3,72 6,776 6,14,438 47,39 3,9 3, 49,4 68,47 9,17 61,443 17,37 16,77 16, , ,9 18,482 TY Imports 2,2 2,2 2,1 2,433 2,88 2,139 Algeria 7 7 1, 1,216 1,496 1,16 Brazil 2,47 2,47 1,7 3,21 2,28 2,29 Canada 2, 2, 2,1 1,969 1,766 1,678 Chile 1,28 1,28 1,29 1,17 1,16 2,36 China 3,32 3,32 3,2 3,63 3,714 3,38 Colombia Cuba 1, 1, 9 1,74 1,212 1,68 Dominican Republic 4,22 4,22 3,72 4,172 4,84 4,418 Egypt 3,8 3,8 2,93 19,892 8,738 2,883 3,9 3,9 4,4 3,9 3,6 3, Iran 1,72 1,72 1,3 1,776 1,684 1,88 Israel 19,28 19,28 19,48 19,21 19,668 19,76 Japan 1, 1, ,186 1,234 Jordan 7,7 7,7 7,7 9,38 8,797 8,4 Korea, South Libya 2,6 2,6 2, 3,181 2,363 2,17 Malaysia 9,9 9,9 1,1 11,11 11,4 9,93 Mexico 1,7 1,7 1,8 2,186 2,1 1,971 Morocco 1,62 1,62 1,2 1,92 1,646 1,48 Peru 9,3 9,3 9,4 9,961 7,77 8,72 Saudi Arabia 2,9 2,9 3, 2,11 2,79 2,6 Syria 4,4 4,4 4,41 4,63 4,42 4,73 Taiwan 1,1 1,1 1,3 1,183 1,19 1,23 Tunisia 1,1 9 1, 1, Venezuela 11,19 11,19 12,2 13,8 13,316 13,82 11,43 11,23 1,4 126,3 11,76 12,62 3,1 2,71 2,73-1,97 1,414 3,8 Unaccounted 2,92 2,82 2,928 3,663 2,6 2,29 17,37 16,77 16, , ,9 18,482 TY=Trade Year, see Endnotes.

19 World Coarse Grains Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production 2,473 2,473 16,833 26,92 27,34 19,31 Argentina 11,47 11,47 11,124 11,49 6,83 13,27 Australia 6,14 6,14 2,4 61,344 3,184 44,167 Brazil 23,66 24,31 27,19 27,822 23,14 24,939 Canada 169,2 169,2 173,2 19,1 19,98 147,696 China 8,92 8,92 9,236 8,32 7,928 7,179 Ethiopia 148,97 148,9 161,8 136, , ,267 39, 39, 38,9 4,63 33,81 34,4 India 9, 9, 8,7 8, 7,8 6,8 Indonesia 31,63 31,63 32,28 3,78 29,14 2,833 Mexico 27, 27, 26,6 24, 26, 24,7 Nigeria 32,9 32,9 4,7 29,32 3,2 27,6 Russia 11,968 11,968 12,8 13,69 7,76 7,311 South Africa 11,14 11,14 1,31 9,48 1,896 11,9 Turkey 2,8 2,6 26,22 14,8 19,17 18,14 Ukraine 131,92 132,7 126,136 12,83 126,668 12,64 7,99 7,31 773, ,314 7,892 68,19 327,77 319, ,88 349, , ,71 1,83,374 1,74,499 1,99,214 1,77,17 98,89 978,819 Domestic on 9,773 9,773 9,73 9,97 9,19 9,471 Argentina 48,14 48,14 47,319 4,32 43,3 42,21 Brazil 23,1 23,81 22,93 24,9 24, 22,84 Canada 16,96 16,96 16,27 17,11 13,46 147,1 China 11,68 11,68 11,283 11,477 11,81 11,163 Egypt 149,8 149,4 11,3 13,9 147, ,41 38,3 38,3 37,8 3, 32,2 33,8 India 19,43 19,43 19,9 19,444 19,823 2,89 Japan 42,2 42,2 42,41 4,43 39,92 37,87 Mexico 27, 27, 26,4 24, 2,7 24,4 Nigeria 32, 32,4 32,7 28,87 28,6 27,7 Russia 9,68 9,68 9,78 9,67 8,74 8,21 Saudi Arabia 1,633 1,633 1,433 9,796 9,18 8,763 South Africa 1,1 1,1 1,7 11,9 11,62 11,462 Turkey 12,7 13,4 13,2 12,21 13,37 11,99 Ukraine 192,4 192,34 189,84 188, ,28 18,689 87,737 87, , ,97 768, ,67 283,32 283,36 27,37 274,61 242,798 24,22 1,91,39 1,91,29 1,72,73 1,6,198 1,11,41 992,629 Ending Stocks 9,191 7,691 9,181 12,746 3,78 3,161 Brazil 4,292 4,642,92 4,16 3,1 6,347 Canada 8,96 7,96 4,196 4,326 38,32 36,7 China 16,866 16,766 2,134 13,24 1,129 22,26 3,862 3,862 4,32 4,612 3,39 3,336 Mexico 3,76 3,476 4,876 1,41 1,7 1,333 Russia 2,98 2,98 3,44 3,64 1,773 2,448 South Africa 37,146 36,89 34,974 3,263 3,73 34,449 13,14 133, ,24 11,78 12,986 11,44 43,469 31,86 49,48 4,9 36,174 4, ,983 16, ,648 16, ,16 164,811

20 Regional Coarse Grains Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America 14,24 1,93 17,87 14,778 1,24 1,34 Central America 2,83 2,96 2,681 2,72 2,9 2,9 Caribbean 1,969 2,227 2,264 2, 2,1 2,1 South America 8,786 1,21 1,86 1,1 9,6 9,8 European Union 2,883 8,738 19,892 2,93 3,8 3,8 Other Europe Former Soviet Union , , Middle East 17,832 18,673 21,697 2,67 2,47 2,47 North Africa 1,477 11,671 1,74 9,78 1,8 1,8 Sub-Saharan Africa 3,4 2,377 2,666 2,94 1,94 1,94 East Asia 3,6 34,134 34,631 32, 32,79 32,79 South Asia Southeast Asia 4,897 4,394 4,746 3,69 4,3 4,3 Oceania Total 14, ,181 13,18 13,473 14,6 14,36 Production North America 349, ,283 48,463 38,8 37, ,6 Central America 2,949 3,8 3,344 3,387 3,47 3,47 Caribbean South America 73,88 92,137 1,22 79,99 89,371 89,371 European Union 146, , , ,8 148,9 148,97 Other Europe 12,72 11,72 9,33 12,16 12,1 12,1 Former Soviet Union - 12,37 8,71 3,912 78,14 63,87 63,97 Middle East 19,998 19,6 17,381 1,933 17,877 17,877 North Africa 9,371 11,211 9,894 9,871 13,172 13,172 Sub-Saharan Africa 81,61 87,19 91,21 94,138 94,1 94,1 East Asia 149, , ,29 17,37 171, ,383 South Asia 4,39 4,2 46,92 44,98 4,783 4,783 Southeast Asia 22, 23,838 26,62 26,13 26,89 26,84 Oceania 14,174 7,23 12,196 11,771 12,14 12,14 Total 978,819 98,89 1,77,17 1,99,214 1,74,499 1,83,374 Domestic on North America 3,463 37, ,4 34,71 349, ,17 Central America,6,97 6,31 6,17 6,37 6,37 Caribbean 2,784 2,886 3,43 2,883 2,883 2,883 South America 68,71 71,63 74,797 7,73 78,6 78,26 European Union 147,41 147,872 13,9 11,3 149,4 149,8 Other Europe 12,14 11,646 1,892 11,232 11,27 11,27 Former Soviet Union ,813 1,48,494 6,746,94,34 Middle East 37,168 37,41 37,94 37,471 37,71 37,71 North Africa 2,816 22,3 21,162 2,293 21,94 21,94 Sub-Saharan Africa 83,937 88,487 88,26 94,71 94,41 94,41 East Asia 182, , , , , ,639 South Asia 4,67 38,798 42,2 43,783 44,68 44,68 Southeast Asia 26,91 26,832 28,742 29,19 3,1 3,1 Oceania 7,89 6,63 7,71 6,972 6,987 6,987 Total 99,116 1,7,3 1,,611 1,7,693 1,88,696 1,88,392 Ending Stocks North America 64,4 43,6 3,687 9,842 4,36 1,623 Central America Caribbean South America 7,87 9,87 18,329 14,4 12,681 14,2 European Union 22,26 1,129 13,24 2,134 16,766 16,866 Other Europe 1,493 1,9 1,47 1,43 1,93 1,93 Former Soviet Union - 12,3,3 4,213 8,942 6,687 6,787 Middle East 7,971 8,39 7,32 7,69 7,6 7,6 North Africa 2,686 3,183 2,437 2,48 3,36 3,36 Sub-Saharan Africa 4,912,179 6,81 6,67 6,1 6,1 East Asia 4,86 41,793 44,87 8,291 61,7 62,2 South Asia 1,41 1,4 1,84 1,879 2,64 2,19 Southeast Asia 2,12 2,648 3,283 2,724 2,818 2,664 Oceania 2,983 1,643 2,322 2,746 2,936 2,93 Total 164, ,16 16, ,648 16, ,983

21 Regional Coarse Grains Imports, Production, on, and Stocks (Continued) Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

22 World Corn Trade October/September Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports Argentina 1,77 1,693 1,676 7, 8, 8, Brazil 2,826 8,71 7,883 9, 1, 9, China 3,727, , 2, 2, India ,77 6 1, 1, Paraguay 1,314 1,981 1,461 1, 1, 1, Serbia nr , 1,2 1,2 South Africa 1, ,124 2, 2, 2, Thailand Ukraine 2,464 1,27 2,74, 3, 3, 2,998 2,146 2,34 3,11 2,78 2,28 26,9 37,16 37,4 33,361 32,23 31,73 6,84 4,214 6,77 4, 49,, 82,93 91,374 98,311 78,861 81,23 81,73 TY Imports Algeria 2,61 2,463 2,166 1,9 2,1 2,1 Canada 1,962 2,226 3,117 1,6 2,4 2,4 Chile 1,99 1,8 1,628 1,8 1,7 1,7 Colombia 3,11 3,386 3,267 2,8 2,9 2,9 Costa Rica Cuba Dominican Republic 1,68 1,212 1,74 9 1, 1, Egypt 4,397 4,826 4,11 3,7 4,2 4,2 2,634 7,6 14,16 2, 2, 2, Guatemala Iran 2,3 3,3 2,9 2,7 2,9 2,9 Israel 1,128 1,311 1,374 1, 1,3 1,3 Japan 16,617 16,713 16,614 16, 16,3 16,3 Korea, South 8,483 8,731 9,311 7, 7, 7, Libya Malaysia 2,17 2,363 3,181 2, 2,6 2,6 Mexico 6,787 8,944 9,6 7,4 7, 7, Morocco 1,491 1,683 1,88 1, 1,6 1,6 Peru 1,467 1,28 1,469 1,4 1, 1, Saudi Arabia 1,472 1,77 1,961 1,7 1,8 1,8 Syria 1,26 1,729 1,611 1,8 1,9 1,9 Taiwan 4,33 4,283 4,27 4,3 4,3 4,3 Tunisia Venezuela ,13 1, 9 1,1 Vietnam ,963 1,77 1,299 9, 7,84 7,84 79,47 9,39 99,429 76, 79,14 79,34 Unaccounted 2,836 1,16-1,62 1,96 1,68 1, ,93 91,374 98,311 78,861 81,23 81,73 TY=Trade Year, see Endnotes. The large, negative Unaccounted in 27/8 arises largely from timing differences between declared exports and Japan's and Korea's declared imports.

23 World Corn Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production 1, 1, 13, 22, 22, 1,8 Argentina 4, 4, 49, 8,6 1, 41,7 Brazil 1,3 1,3 1,6 11,649 8,99 9,332 Canada 162, 162, 16,9 12,3 11,6 139,36 China 6,3 6,3 6,217 6,174 6,149,932 Egypt 6,412 6,2 62,421 47,4 3,829 6,668 18, 18, 18,48 18,96 1,1 14,71 India 9, 9, 8,7 8, 7,8 6,8 Indonesia 24, 24, 2, 23,6 22,3 19, Mexico 8,3 8,3 7,9 6, 7,8 7, Nigeria 6,8 6,9 6,846 7,277 6,231,884 Philippines 6, 7, 6,6 3,9 3,6 3,2 Russia 6, 6,,9 4,4 6,41 nr Serbia 11, 11, 12, 13,164 7,3 6,93 South Africa 9, 9, 11,4 7,4 6,4 7,1 Ukraine 72,491 72,491 7,78 68,792 67,86 72,2 477,63 478, ,249 46, ,7 416,1 312,18 33,163 37, , ,3 282, , ,46 788,63 791,61 712,23 698,764 Total on,9,9 6,7 7, 6,7 6,2 Argentina 4, 4, 44, 42, 41, 39, Brazil 12,4 12,4 11, 13,769 11,442 1,88 Canada 18, 18, 12, 149, 14, 137, China 1,6 1,6 1,2 1,4 1,7 1,1 Egypt 9,1 9,1 61,7 63,4 62,3 61, 17,4 17,4 17,6 14,2 13,9 14,2 India 9,1 9,1 8,8 8, 8,1 8,3 Indonesia 16,3 16,3 16,4 16,6 16, 16,7 Japan 7,6 7,6 7,6 8,633 8,833 8,79 Korea, South 32,2 32,2 32,6 32, 3,7 27,9 Mexico 8,4 8,4 7,8 6, 7,6 6,8 Nigeria 7,4 7,4 7,3 7,1 6,,8 Philippines 6,,9,3 4,2 3,6 3, Russia 1, 1, 9,8 9,2 8,6 8,2 South Africa 118, ,732 11,64 114,84 112,36 17,262 2,868 26,298 17,231 8,23 496,7 474,47 268, ,237 28,33 261,671 23, ,1 794,48 794,3 77,61 769,96 727,379 76,62 Ending Stocks 9,79 7,79 9,79 12,79 3,92 3,1 Brazil 1,7 1,7 1,67 1,47 1,337 2,1 Canada 7,144 6,744 3,94 39,394 36,62 3,2 China 3,994 4,9 6,182 4,961 7,382 9,461 1,6 1,6 1,78 2,84 1,322 1,39 Korea, South 3,81 3,81 3,831 4,131 3,84 2,77 Mexico 2,87 2,87 3,27 3,47 1,661 2,38 South Africa 2,492 2,266 2,1 21,411 2,98 18,14 99,787 97,762 98,81 89,492 7,888 74,21 39,382 27,697 44,97 41,2 33,114 49, ,169 12,49 143,821 13,747 19,2 124,178

24 Regional Corn Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America 8,99 11,489 13,17 9,4 1,3 1,3 Central America 2,83 2,96 2,678 2,72 2,9 2,9 Caribbean 1,969 2,227 2,264 2, 2,1 2,1 South America 8,18 9,141 9,49 8,74 8,36 8,6 European Union 2,634 7,6 14,16 2, 2, 2, Other Europe Former Soviet Union Middle East 7,381 1,22 1,6 8,47 9,17 9,17 North Africa 9,44 1,136 9,94 8,3 9,3 9,3 Sub-Saharan Africa 2,8 1,86 1,844 2,12 1,2 1,2 East Asia 29,949 29,84 3,746 28,1 28,4 28,4 South Asia Southeast Asia 4,89 4,38 4,71 3,67 4,32 4,32 Oceania Total 79,77 9,38 99,931 76,9 79,4 79,74 Production North America 311,9 298, , , , ,48 Central America 2,642 2,74 3,18 3,61 3,131 3,131 Caribbean South America 6,826 83,33 9,37 71,236 79,24 79,24 European Union 6,668 3,829 47,4 62,421 6,2 6,412 Other Europe 1,333 9,3 7,239 9,73 9,68 9,68 Former Soviet Union ,289 12,849 13,79 21,31 19,81 19,31 Middle East 6,439,183,83 6,39,984,984 North Africa 6,134 6,31 6,376 6,419 6,2 6,2 Sub-Saharan Africa 38,39 41,481 46,778 47,89 47,28 47,28 East Asia 141,16 13,43 14,9 167,72 164,27 164,27 South Asia 19,92 2,11 23,98 23,3 23,2 23,2 Southeast Asia 21,74 23,6 2,82 2,913 26,6 26,6 Oceania Total 698, ,23 791,61 788,63 781,46 789,833 Domestic on North America 27, ,816 37,44 32,43 312, ,217 Central America,2,6,7,8 6, 6, Caribbean 2,66 2,78 2,91 2,7 2,7 2,7 South America 9,649 63,272 66,112 67,4 68,4 68,6 European Union 61, 62,3 63,4 61,7 9,1 9,1 Other Europe 9,426 8,99 8,117 8,2 8, 8, Former Soviet Union ,98 12,144 12,898 14,4 1,74 1,4 Middle East 13,26 14,48 1,229 14,878 1,28 1,28 North Africa 14,871 16,61 1,664 1,2 1,9 1,9 Sub-Saharan Africa 4,416 43,43 43,222 46,42 47,39 47,39 East Asia 168, ,719 18, ,19 188,9 188,9 South Asia 19,319 18,982 19,474 22,49 22,44 22,44 Southeast Asia 2,837 26,97 28,499 28,9 29,77 29,77 Oceania Total 74, ,23 769, ,77 792, ,649 Ending Stocks North America 4,676 37,3 46,843,48 32,33 44,2 Central America Caribbean South America 7,138 8,36 17,66 13,127 11,92 13,42 European Union 9,461 7,382 4,961 6,182 4,9 3,994 Other Europe 1,167 1, ,6 1,481 1,481 Former Soviet Union ,67 1,766 1,143 1,493 1,428 1,828 Middle East 2,739 3,42 3,426 3,317 2,938 2,938 North Africa 1,314 1,84 1,676 1,19 1,147 1,147 Sub-Saharan Africa 3,796 3,2,68,417 4,676 4,676 East Asia 38,328 39,74 43,378 6,61 6,227 6,627 South Asia ,116 1,391 1,26 1,6 Southeast Asia 2,8 2,642 3,282 2,723 2,817 2,663 Oceania Total 124,178 19,2 13, ,821 12,49 139,169

25 Regional Corn Imports, Production, on, and Stocks (Continued) Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

26 World Barley Trade October/September Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports Argentina Australia,231 1,927 3,377 3, 4, 4, Canada 1,876 1,337 2,947 1,6 1,8 1,8 China ,87 4,366 3,888 3, 3,2 3,2 Kazakhstan Russia 1,397 1,691 1,277 3,3 1,6 1,8 Serbia nr 9 4 Turkey Ukraine 4,926 2,911 3,814, 4, 4, Uruguay ,16 14,7 17,67 18,68 16,77 16, ,17 14,63 18,8 19,3 17,17 17,27 TY Imports Brazil China 2,217 1,127 1,91 1,2 1,2 1,2 Colombia Iran 7 3 1, 1,7 1, 1, Israel Japan 1,417 1,39 1,361 1,4 1,4 1,4 Jordan Kuwait Libya Mexico Saudi Arabia 7,1 6, 8, 7,7 7, 7, Syria ,2 1, 1, Tunisia United Arab Emirates ,638 1,744 1,897 1,76 1,26 1,26 16,89 14,12 17,26 17,99 16,14 16,14 Unaccounted ,17 14,63 18,8 19,3 17,17 17,27 TY=Trade Year, see Endnotes.

27 World Barley Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production 1,3 1, Algeria 1,6 1,6 1,6 1,47 1,26 8 Argentina 7, 7, 7, 7,191 4,27 9,483 Australia 1,4 1,4 2, 1,7 1,3 1,8 Belarus 9,4 1, 11,78 1,984 9,73 11,678 Canada 2,8 2,8 3,3 2,78 3,11 3,4 China 1,3 1,3 1,484 1,3 1,32 1,271 Ethiopia 6,683 6,978 6,67 7,7 6,22 4,72 1, 1, 1,23 1,33 1,22 1,2 India 2,6 2,6 2, 3, 3, 2,87 Iran 1,8 1,9 1,8 2, 1,9 1, Kazakhstan 3,7 3,7 1, ,3 1,12 Morocco 17, 16, 23,1 1,6 18,1 1,8 Russia 6,7 6,7,6 6, 7, 7,6 Turkey 9,7 9, 12,6 6, 11,3 9, Ukraine 8,672 8,672 7,811 9,246 9,112 8, ,7 138, 148, , ,49 131,629 4,427 4,899,214 4,7 3,923 4, , ,899 13,98 133,61 136, ,242 Total on 3,3 3,3 3,2 3,1 3,7 3,4 Australia 1,7 1,7 1,9 1,7 1,6 2, Belarus 8,8 9,1 8,9 7,916 1,19 9,611 Canada 4,1 4,1 4,3 3,9 4,2,4 China 8, 8, 7,1 4,9,7 4, 1,4 1,4 1, 1, 1,22 1,2 India 3,6 3,6 3,7 3,6 3,4 4,2 Iran 1, 1, 1,6 1,6 1,6 1,6 Japan 1,4 1,4 1,4 1,4 1,3 1,4 Kazakhstan 2,7 2,7 1,6 1,9 2, 2,2 Morocco 16,9 16,9 17,1 1, 16,4 1, Russia 7,3 7,3 7,73 7,43 6,81 6,1 Saudi Arabia 1,6 1,6 1,8 1, 1,1 1, Syria,9,9,9 6, 7,3 7,3 Turkey,4,3,8,3 6, 4,9 Ukraine 14,322 14,322 14,18 14,849 14,483 14,31 139, ,33 138,84 131,41 138,92 136,266,7,22,114 4,376 4,96 4,7 144, ,78 143,198 13, ,188 14,836 Ending Stocks 2,493 2,493 2,293 1,993 1,338 2,682 Australia 1,723 2,23 2,873 1,68 1,491 3,289 Canada 9,37 9,62 1,224,17,824 8,3 1,236 1, Morocco 2,137 2,437 3,737 1,37 1, Russia 2,268 2,268 2,298 2,428 2,48 2,68 Saudi Arabia , ,193 Ukraine,839,834,4 4,64,48 6,12 2,986 26,749 27,743 17,426 19,767 2,633 1,674 1,736 1,928 1,48 1, 2,3 27,66 28,48 29,671 18,911 21,267 27,983

28 Regional Barley Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America South America European Union Other Europe Former Soviet Union Middle East 1,33 8,278 11,46 12,11 11,18 11,18 North Africa 1,392 1,21 1,144 1, Sub-Saharan Africa East Asia 3,88 2,94 2,19 2,7 2,7 2,7 South Asia 21 Oceania Total 17,14 14,479 18,24 18,9 16,64 16,74 Production North America 17,44 14,396 16,49 17,894 1,799 14,727 South America 1,827 2,287 2,6 2,62 2,7 2,7 European Union 4,72 6,22 7,7 6,67 6,978 6,683 Other Europe 1,89 1,77 1,494 1,621 1,61 1,61 Former Soviet Union ,4 33,91 27,67 4,86 3,76 31,36 Middle East 12,33 12,2 1,927 8,291 1,3 1,3 North Africa 2,212 3,83 2,493 2,427,64,64 Sub-Saharan Africa 1,638 1,738 1,733 1,824 1,64 1,64 East Asia 3,848 3,49 3,24 3,777 3,2 3,2 South Asia 1,664 1,742 1,93 1,637 2,82 2,82 Oceania 9,883 4,67 7,91 7,4 7,9 7,9 Total 136, , ,61 13,98 142, ,132 Domestic on North America 1,131 1,736 13,342 1,89 1,4 14,882 South America 2,12 2,227 2,387 2,42 2,4 2,4 European Union 4,,7 4,9 7,1 8, 8, Other Europe 1,761 1,723 1,72 1,78 1,76 1,76 Former Soviet Union ,227 27,19 24,879 27,66 26,61 26,71 Middle East 22,26 21,434 21,162 21,17 2,74 2,74 North Africa 4,88 4,931 4,42 4,8,1,1 Sub-Saharan Africa 1,691 1,792 1,796 1,924 1,73 1,73 East Asia 7,484 6,218,827 6,26 6,1 6,1 South Asia 1,667 1,743 1,66 1,47 2,32 2,32 Oceania 3,8 4,1 3, 3,6 3,7 3,7 Total 14, ,849 13, , ,2 143,634 Ending Stocks North America,712 3,8 3,1 4,923 3,86 3,494 South America European Union 8,3,824,17 1,224 9,62 9,37 Other Europe Former Soviet Union ,89 2,8 2,36,82 4,9 3,79 Middle East,196 4,94 4,68 3,714 4,84 4,84 North Africa 1,332 1, ,173 2,173 Sub-Saharan Africa East Asia 1, South Asia Oceania 2,737 1,396 2,29 2,329 2,29 2,29 Total 27,983 21,267 18,911 29,671 28,48 27,66 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

29 World Sorghum Trade October/September Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports Argentina , Australia , 8 8 Brazil China India Nigeria Sudan ,399 2,272 2,8 2,4 2,4 4,961 4,38 6,686 3, 3,6 3,6,496,779 8,98,8,64,64 TY Imports Chile Colombia Ecuador 6 Ethiopia ,474, Israel Japan 1,393 1,276 1,84 1,3 1,3 1,3 Mexico 3,29 1,94 1,16 2, 2,2 2,2 Niger Sudan ,33,64 9,32,39,3,3 Unaccounted ,496,779 8,98,8,64,64 TY=Trade Year, see Endnotes.

30 World Sorghum Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production 3,3 3,3 1,66 2,937 2,8 2,33 Argentina 2,2 2,2 2,4 3,72 1,283 1,929 Australia 1,8 1,8 1,84 2, 1, 1,43 Brazil 1,8 1,8 1,8 1,7 1,16 1,837 Burkina 1,7 1,7 1,8 1,92 2,183 2,46 China Egypt 2,6 2,6 2,619 2,69 2,316 2,174 Ethiopia , 7, 7,24 7,93 7,1 7,63 India 6,6 6,6 6,3 6,2,81, Mexico 9 9 1, Niger 11, 11, 11, 1, 1, 1, Nigeria 4,7 4,7 4,7 4,,2 4,27 Sudan Tanzania Uganda 4,483 4,483 4,774 4,13 4,4 4,168 2,4 2,37 49,97,623 48,24 47,911 9,62 9,62 11,998 12,636 7,32 9,976 61,692 61,689 61,968 63,29,272 7,887 Total on 2, 2, 1,1 1,8 1,7 2,3 Argentina 1, 1, 1,6 2,1 1,2 1,89 Australia 1,7 1,7 1,81 1,873 1,376 1,93 Brazil 1,8 1,8 1,8 1,7 1,16 1,837 Burkina 1,64 1,64 1,73 2,1 2, 2,3 China Egypt 2,7 2,7 2,7 2,6 2,3 2,1 Ethiopia 1, 1, 1,1 6,1 1, , 7, 7,2 7,9 7,1 7, India 1,3 1,3 1,3 1,84 1,3 1,4 Japan 8,7 8,7 8,6 7,2 8,1 8,6 Mexico 9 9 1, 1, Niger 11,4 11,4 1,9 9,9 1,4 1,4 Nigeria 4,8 4,8 4,8,1 4,93 4,2 Sudan Tanzania,822,822 6,9,744,431,166,13,13 3,28 8,123 2,33 2,738 6,96 6,3 8,636,9 4,12 4,818 61,69 61,863 61,916 63,182 6,4 7,6 Ending Stocks Argentina Australia China Ethiopia Mexico Nigeria ,42 47 Sudan , ,17 3,341 3,334 3,28 3,142 3,91 3,1 1,276 1,43 1,276 1, ,668 4,617 4,737 4,34 4,482 4,4,178

31 Regional Sorghum Imports, Production, on, and Stocks Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Imports North America 3,29 1,96 1,17 2,3 2,2 2,2 Central America 3 Caribbean South America European Union 77 1,474, Other Europe Middle East North Africa 3 1 Sub-Saharan Africa East Asia 1,48 1,349 1,196 1,43 1,43 1,43 South Asia 3 2 Southeast Asia Oceania Total,33,66 9,33,398,3,3 Production North America 1,476 12,842 18,836 18,298 16,32 16,32 Central America Caribbean South America 4,794,122,661 4,631,92,92 European Union Other Europe Middle East North Africa Sub-Saharan Africa 22,923 23,894 23,23 24,783 2,12 2,12 East Asia 2,4 2,191 1,94 1,82 1,72 1,72 South Asia 7,783 7,3 8,81 7,38 7,64 7,64 Southeast Asia Oceania 1,929 1,283 3,72 2,4 2,2 2,2 Total 7,887,272 63,29 61,968 61,689 61,692 Domestic on North America 13,418 12,112 12,29 17,236 1,1 14,846 Central America Caribbean South America 4,874 4,171 4,877 4,41,632,632 European Union 683 1,27 6,1 1,1 1, 1, Other Europe Middle East North Africa Sub-Saharan Africa 23,1 23,731 23,831 2,26 2,462 2,462 East Asia 3,784 3,47 3,36 3,18 3,7 3,7 South Asia 7,63 7,2 8,3 7,34 7,64 7,64 Southeast Asia Oceania 1,89 1,2 2,1 1,6 1, 1, Total 7,432,393 63,2 62,3 61,622 61,368 Ending Stocks North America 2,221 1,31 1,713 1,849 2,76 1,949 Central America Caribbean South America European Union Other Europe Middle East North Africa Sub-Saharan Africa 1,37 1,84 1,129 1,117 1,222 1,222 East Asia 1,121 1, South Asia Southeast Asia Oceania Total,178 4,4 4,482 4,34 4,737 4,617

32 Regional Sorghum Imports, Production, on, and Stocks (Continued) Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

33 World Oats Trade October/September Year, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul TY Exports Argentina Australia Canada 1,74 1,921 2,321 1,9 1,9 1,9 Chile Kazakhstan 9 1 Ukraine ,214 2,14 2,691 2,2 2,24 2, ,24 2,178 2,744 2,24 2,28 2,28 TY Imports Algeria 9 1 Bosnia and Herzegovina Canada China Colombia Ecuador Japan Mexico Morocco 1 Norway South Africa Switzerland Turkey Unaccounted ,831 1,794 2,244 1,8 1,8 1,8 2,24 2,178 2,744 2,24 2,28 2,28 TY=Trade Year, see Endnotes.

34 World Oats Production, on, and Stocks Local Marketing Years, Thousand Metric Tons 2/6 26/7 27/8 28/9 Jun Jul Production Algeria Argentina 1,2 1,2 1, ,69 Australia Belarus Brazil 3,4 3, 4,27 4,696 3,82 3,283 Canada Chile China 8,6 8,39 8,718 8,463 7,768 7, Kazakhstan Norway,,,8,4 4,9 4, Russia nr Serbia Turkey Ukraine ,369 22,749 2,197 23,814 21,726 22,174 1,32 1,36 1,287 1,313 1,37 1,667 23,694 24, 26,484 2,127 23,83 23,841 Total on Argentina 1,1 1,1 1, ,48 Australia Belarus Brazil 1,9 1,9 2, 1,933 2,283 1,966 Canada Chile China 8, 8,4 8,6 8,4 7,647 7, Kazakhstan Mexico Norway,2,2,4,4 4,9 4,6 Russia nr Serbia Turkey Ukraine ,18 21,8 22,312 21,471 2,247 2,976 3,274 3,22 2,973 3,161 3,179 3,287 24,49 24,787 2,28 24,632 23,426 24,263 Ending Stocks Argentina Australia Belarus 96 1,1 1, Canada China Russia ,93 2,8 3,261 2,314 2,4 2,368 1,124 1,7 1, ,717 3,862 4,482 3,283 2,788 3,131