Grain: World Markets and Trade

Transcription

1 Department of Agriculture Foreign Agricultural Service Circular Series FG 2-1 February 21 Grain: World Markets and Trade Barley: A Decade of Change & Export Redistribution 1999/ 29/1 1. MMT Exports 1 MMT Exports EU Russia & Ukraine Other Once upon a time (just ten years ago), the EU dominated much of the international barley market, particularly in North Africa and the Middle East. Competitors, such as Australia and, faced the EU s comparative freight and logistical advantages (there were also small erratic suppliers, such as Syria and Turkey). The EU support programs guaranteed high prices and stimulated production, while export subsidy programs helped to ensure that EU barley had a competitive price advantage against other countries. However, it is all different now. Global barley trade dynamics have changed dramatically with the emergence of low-cost supplies and increased competition from Russia and Ukraine, which also happen to be competitive regional exporters that can match the EU s comparative freight and logistical advantages. EU policies and programs have reduced market and support prices, stimulated domestic use, and de-emphasized export subsidies as a marketclearing mechanism. Recent regulation changes will soon eliminate intervention support for barley, which could cause some acreage to shift to more profitable crops, and further reduce exportable supplies. Approved by the World Agricultural Outlook Board - USDA

2 TABLE OF CONTENTS World Markets and Trade: Commentary and Current Data Wheat... 4 Rice... 8 Coarse Grains Historical Data Series for Selected Regions and Countries Endnotes to Grain: World Markets and Trade... 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. Grain: World Markets and Trade, February 21 2

3 All Grain Summary Comparison Wheat Rice, Milled Corn Marketing Year 27/8 28/9 29/1 27/8 28/9 29/1 27/8 28/9 29/1 (Jun-May) Other Domestic Consumption (Jun-May) Other Ending Stocks (Jun-May) Other TY Imports (Jun-May) Other TY Exports (Jun-May) Other Note: Consumption 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.

4 PRICES: WHEAT: WORLD MARKETS AND TRADE Domestic: Prices for all classes of wheat fell through the first week in February, except for Hard Red Spring (HRS) which was unchanged. Growing global supplies more than offset a slight uptick in U.S. export sales. Soft and Hard Red Winter showed the largest declines, of $24 and $18/ton, respectively, while Soft White fell $1/ton. TRADE CHANGES IN 29/1 Selected Exporters: 11/6 11/13 U.S. Weekly FOB Export Bids 11/2 11/27 12/4 12/11 12/18 12/2 Argentina is raised 1. million tons to 4. million on higher production and increased exportable supplies. 1/1 1/8 1/1 1/22 1/29 HRS HRW SRW SWW 2/ $/MT Pakistan is halved to, tons based on reduced exports to Afghanistan. Turkey is up 3, tons to 2.6 million due to higher expected flour shipments to Iraq and Indonesia. Selected Importers: Afghanistan is raised 7, tons to 2. million as the pace of wheat flour shipments from Kazakhstan remains brisk. Iran is cut 1. million to 3. million based on the slow pace of imports. Pakistan is halved to, due to increased domestic supplies and minimal imports to date. Turkey is up, tons to 2. million based on the strong pace of trade, particularly from Russia. Uzbekistan is increased 4, tons to 1.4 million on the strong pace of flour shipments from Kazakhstan. is up 1, tons to 3.3 million because of expected feed-quality wheat imports from Brazil and Europe. Grain: World Markets and Trade, February 21 4

5 World Wheat, Flour, and Products Trade July/June Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 13,426 8,216 12,168 1,228 8,98 4, Australia 1,826 1,211 11,241 7,449 13,42 1, 1,19 1,633 19,278 16,61 18,83 18, 1,171 1,397 2,783 2, , 14,74 1,71 13,816 12,271 2,318 19, Kazakhstan 3,39 3,817 8,89 8,181,71 7, Mexico ,261 1,46 1,2 Russia 8,46 1,14 1,84 12,2 18,393 18, Turkey 2,23 3,28 2,2 1,763 2,342 2,6 Ukraine 4,43 6,461 3,366 1,236 13,37 9, 6,36,886 6,482 7,782 7,632 6,49 8,274 86,77 9, 82,119 11,18 11,849 28,2 27,22 2,41 34,328 27,29 22, 113, ,829 11,96 116, ,48 124,349 TY Imports Afghanistan 1, 1,4 2,3 3,8 2, Algeria,38,476 4,874,94 6,39,3 Bangladesh 2,8 2,34 1,731 1, 2,882 2,6 Brazil,9,823 7,74 7,136 6,367 6, Egypt 8,1 7,771 7,3 7,7 9,9 8,8 7,61 6,78,137 6,942 7,74 6, Indonesia 4,661 4,981,96,224,423, Iran 2 1, ,3 3, Iraq 3,1 4,996 2,912 3,424 3,868 3,8 Israel 1,49 1,663 1,48 1,186 2,6 2,1 Japan,744,469,747,71,16,3 Korea, South 3,91 3,884 3,439 3,92 3,371 3,7 Libya 1,488 1, ,67 1,677 1,6 Mexico 3,717 3,49 3,61 3,136 3,341 3,1 Morocco 2,272 2,418 1,81 4,191 3,79 1,8 Nigeria 3,14 3,678 3,26 2,677 3, 3, Peru 1,449 1,644 1,367 1,42 1,38 1, Philippines 2,93 2,94 2,74 2,266 3,21 3, Saudi Arabia ,4 1,6 South Africa 1,47 1, ,333 1, 1, Sudan 1,22 1,69 1,323 1,6 1,712 1, Syria ,7 1,8 Turkey ,778 2,192 3,77 2, Venezuela 1,4 1,691 1,76 1,498 1, 1,2 Yemen 1,86 2,187 2,42 1,861 2,786 2,3 39,463 3,27 39,999 36,728 38,742 3,1 18,32 18,846 11,2 11,73 136,6 118,39 Unaccounted 3,78 2,684 1,92 2,862 2,964 2,79 1,946 2,299 3,394 3,12 3,46 3,2 113, ,829 11,96 116, ,48 124,349 TY=Trade Year, see Endnotes.

6 World Wheat, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 9, 9, 18, 16,1 14,6 16,1 Argentina 22, 2,939 13,69 1,822 2,173 21,9 Australia 26, 28,611 2,4 2,26 2,748 24, , 112,464 19,298 18,466 97,44 91,92 7,9 7,883 8,27 8,274 8,184 7,177 Egypt 138,218 11,8 12, ,87 132,36 146,886 8,8 78,7 7,81 69,3 68,64 72,1 India 12, 1, 1, 14, 14,38 14,68 Iran 17, 12, 16,4 13,4 11,2 9,9 Kazakhstan 6,37 3,73 1,83 6,327 3,43,4 Morocco 24, 21, 23,3 21,277 21,612 19, Pakistan 61,7 63,7 49,4 44,9 47,7 4,4 Russia 17,8 16,8 1, 17, 18, 18, Turkey 2,9 2,9 13,9 14, 18,7 17, Ukraine 6,2 6, 6,2,8,8,2 Uzbekistan 1,99 4,91 48,163 4,34 49,681 49,82 617, ,678 4,63 46,48 62,69 67,26 6,314 68,16,821 49,217 7,243 8, , ,694 61,46 9,72 619,933 62,724 Total Consumption 8,7 8,4 8, 7,8 7,7 7, Algeria 11,4 1,7 1,3 1,3 1,4 9,9 Brazil 8,1 8,27 6,787 8,986 8,242 8,24 12, 12, 16, 12, 11, 12, 17, 16, 1,9 1,4 14,8 14,2 Egypt 127, 127, 116,36 12, 127,2 123,22 76,12 7,77 76,422 73,371 69,98 72,838 India 16,2 1,9 1, 1,3 14,8 14, Iran 7, 7,2 7, 7, 7,4 7,4 Kazakhstan 7,6 7, 7,4 7,1 6,8 6,6 Morocco 23,3 22,8 22,4 21,9 2,9 19,6 Pakistan 41,2 38,9 37,7 36,4 38,4 37,4 Russia 17,4 16,9 16,8 16,6 16,1 16,8 Turkey 12,1 11,9 12,3 11,7 12, 11,7 Ukraine 7,2 7, 6,8 6, 6,118,7 Uzbekistan 129, ,63 118, ,66 122,32 116,44 613,43 6,49 88,367 84,643 91,379 7,664 32,168 34,291 28,614 3,94 31,32 31,783 64,98 639,7 616,981 61,83 622,699 67,447 Ending Stocks 6,86 6,6 4,46 6,86 9,698 7,922 6,78 48,68 38,963 38,4 34,387 38,821 4,983,343 4,12 4,12 4,6 2,861 Egypt 17,63 18,34 12,343 14,7 23,384 27,496 18,2 13,1,8 4, 2, 4,1 India 4,17 3,97 3,17 3,7 3,27 3,419 Iran 11,129 8,429 1,819 2,231 3,44 3,386 Russia 46,173 41,371 42,138 41,432 1,744 47,37 169, , ,746 11,18 131,93 13,42 26,69 17,867 8,323 12,414 1,4 14,699 19,86 164,13 121,69 127,94 147,47 1,241

7 Regional Wheat Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America,91 6,13 7,32 6,3 7,188 6,7 Central America 1,1 1,6 1,82 1,46 1,482 1, South America 1,26 12,34 13,979 13,143 12,746 12,89 European Union 7,61 6,78,137 6,942 7,74 6, Other Europe 1,464 1,47 1,48 1,923 1,69 1,67 Former Soviet Union ,91,487,98 6,21 6,44, Middle East 1,29 13,447 12,143 11,726 28,296 2,8 North Africa 18,347 18,6 16,42 21,734 23,467 19, Sub-Saharan Africa 12,86 13,174 11,73 1,371 13,363 13,39 East Asia 18,37 12,82 11,886 11,278 11,322 11,9 South Asia,6 4,812 1,944 8,27 1,713 6,21 Southeast Asia 11,429 11,923 12,437 11,4 12,328 12, 2,779 2,64 2,636 2,777 2,637 2,86 Total 11, ,14 113, ,8 139,16 121,64 North America 8,914 86,11 77,722 79,468 1,627 91,114 South America 2,336 22,72 21,22 24,83 18,23 17,928 European Union 146, ,36 124,87 12,133 11,8 138,218 Other Europe,43 4,196 4,313 4,4 4,693 4,46 Former Soviet Union ,81 91,123 84,927 92,41 11,8 113,67 Middle East 42,771 42,97 41,78 39,912 32,196 36,82 North Africa 17,166 1,178 18,76 13,948 14,88 19,39 Sub-Saharan Africa 4,796,219,724,47 6,449 6,7 East Asia 93,221 98,62 19,669 11,9 113,76 11,711 South Asia 96,326 96,34 9,881 1,7 13,87 111,1 Oceania 22,161 2,466 11,99 13,846 21,216 22, Total 62, ,933 9,72 61,46 682, ,441 Domestic Consumption North America 46,23 4,662 46,126 4,91 48,318 46,418 South America 23,94 24,11 23,91 23,91 24,24 2,17 European Union 123,22 127,2 12, 116,36 127, 127, Other Europe 6,18,917,49,6,44,83 Former Soviet Union ,231 7,41 72,627 7,2 76,7 79, Middle East 49,69,423 1,38,19 3,26 3,66 North Africa 32,38 33,847 34,2 36,42 37,32 38,32 Sub-Saharan Africa 16,39 17,782 16,72 1,87 18,873 19,143 East Asia 114, , , ,6 114, ,17 South Asia 1,91 1,31 1,16 19,487 14,4 111,28 Southeast Asia 1,9 11,1 11,693 1,99 12,111 12,34 Oceania 6,916 7,484 8,4 7,394 7,699 8,2 3,437 3,344 3,313 3,377 3,372 3,49 Total 6,2 617, ,63 613,22 633, ,366 Ending Stocks North America 22,997 2, 19,693 13,111 24,74 33,913 South America 4,62 4,72,132,81 3,293 3,616 European Union 27,496 23,384 14,7 12,343 18,34 17,63 Other Europe 1,77 1,333 1,67 1,37 1,442 1,237 Former Soviet Union ,746 13,338 9,263 1,69 18,1 23,1 Middle East 12,6 13,2 12,41 1,648 12,221 13,919 North Africa 9,492 9,233 9,749 9,127 9,6 9,48 Sub-Saharan Africa 1,243 1,48 1,731 1,63 2,74 2,33 East Asia 41,22 36,66 4,838 41,781 1,19 63,39 South Asia 7,393 6,28 7,7 8,487 16,363 21,698 Southeast Asia 2,12 2,21 2,6 2,49 2,432 2,347 Oceania 6,848 9,44 4,19 3,841 3,31 3, Total 1, ,47 127,94 121,69 164,13 19,86 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.

8 RICE: WORLD MARKETS AND TRADE PRICES: For most of this decade, the spread between U.S. #2/4 quotes and Thai 1B quotes was positive and moved rather slowly. Likewise, the difference between Thai 1B quotes and Vietnamese % quotes was mostly positive and fairly small. This pattern changed in 28 when Thai quotes fell below U.S. quotes, and the gap between Thai and Vietnamese quotes ballooned. At the same time, prices at all origins were changing quickly and not always in the same direction, creating volatility in the spread. In the past few months, however, it seems that this volatility has diminished as quotes have tended to move in the same direction. In addition, the U.S.-Thai spread has been shrinking and is near zero. With the completion of the Philippine tenders, there may be more stability in the Thai-Viet spread, as well. TRADE CHANGES $/MT Recent Price Spreads Becoming Less Volatile Feb- Feb-1 Feb-2 Feb-3 Feb-4 Feb- Feb-6 Feb-7 Feb-8 Feb-9 Feb-1 US-Thai Price Spread Thai-Viet Price Spread Selected Exporters: Burma is down 2, tons to 8, in 21 due to depleted stocks after 29 exports reached the highest level in over 4 years. Egypt is up 1, tons to 6, in 21 on the government announcement that additional export licenses will be granted due to sufficient domestic supplies. Uruguay is raised 126, tons to a record 926, for 29 and raised 18, tons to 742, for 28 based on new trade data. Selected Importers: South Africa is boosted 1, tons to 8, for 29 on near-final trade data. Venezuela is doubled to 3, tons for 21 on weather-related crop shortages. Grain: World Markets and Trade, February 21 8

9 World Rice Trade January/December Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina Brazil Burma ,2 8 Cambodia ,216 1, , Egypt 1,9 98 1, Guyana India 4,687 4,37 6,31 3,383 2, 2, Japan Pakistan 3,32 3,79 2,696 3, 3, 3,8 Peru Thailand 7,274 7,376 9,7 1,11 8,7 1, Uruguay Vietnam,174 4,7 4,22 4,649,9, ,93 2,838 28,8 26,478 2,929 27,69 3,863 3,37 3,29 3,273 3,1 3,1 28,96 29,14 31,884 29,71 29,29 3,84 TY Imports Bangladesh ,7 1,68 1 Brazil Cote d'ivoire Cuba ,89 1,221 1,342 1,2 1,3 1,3 Ghana Guinea Haiti Hong Kong Iran 1,2 1, 1, 1, 1,7 1,7 Iraq 786 1, , 1,1 Japan Malaysia , Mexico Mozambique Nigeria 1,777 1,6 1, 1,6 1,9 1,6 Philippines 1,89 1,791 1,9 2, 2, 2,6 Saudi Arabia 1, ,36 1,37 1,4 Senegal Singapore South Africa Vietnam Yemen ,19 7,68 9,649 7,98 7,79 8,419 26,489 2,79 28,67 27,89 26,11 28,124 Unaccounted 2,48 2,722 2,32 1,11 2,214 1, ,96 29,14 31,884 29,71 29,29 3,84 TY=Trade Year, see Endnotes. Note about dates: 29/1 is calendar year 21, 28/9 is calendar year 29, and so on.

10 World Rice, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb Milled Bangladesh 2,6 28,78 29, 28,8 31, 3, Brazil 8,996 7,874 7,69 8,199 8,69 7,82 Burma 9,7 1,44 1,6 1,73 1,1 1,73 Cambodia 2,627 3,771 3,946 4,238 4,2 4,63 12, , ,2 13, ,33 137, Egypt 4,128 4,13 4,383 4,38 4,387 4,374 India 83,13 91,79 93,3 96,69 99,1 84, Indonesia 34,83 34,99 3,3 37, 38,3 38,8 Japan 7,944 8,27 7,786 7,93 8,29 7,62 Korea, South, 4,768 4,68 4,48 4,843 4,91 Nigeria 2,3 2,7 2,9 3, 3,2 3,4 Pakistan,2,47,4,7 6,7 6,2 Philippines 9,42 9,821 9,77 1,479 1,73 1,2 Thailand 17,36 18,2 18,2 19,8 19,8 2,4 Vietnam 22,716 22,772 22,922 24,37 24,388 24,3 3,347 31,27 31,27 32,83 32,62 34, , , ,12 428,41 44, ,248 7,462 7,1 6,267 6,344 6,1 7,3 41, ,68 42, ,38 447,39 436,278 Consumption and Residual Bangladesh 26,9 29, 29,764 3,747 31, 31,1 Brazil 9,74 8,46 7,92 8,24 8,29 8,6 Burma 1,3 1,4 1,67 1,249 9, 9,8 Cambodia 2,777 3,71 3,646 3,788 3,77 3,88 13,3 128, 127,2 127,4 129, 133, Egypt 3,2 3,32 3,276 3,34 4, 4, India 8,861 8,88 86,7 9,466 93,1 86,7 Indonesia 3,8 3,739 3,9 36,3 37,9 37,6 Iran 2,986 3,274 3, 3,7 3, 3,6 Japan 8,3 8,2 8,2 8,177 8,37 8,2 Korea, South 4,91 4,766 4,887 4,67 4,972 4,978 Nigeria 4,2 4,3 4,4 4,,1,1 Philippines 1,4 1,722 12, 13,499 13,6 13,78 Thailand 9,48 9,44 9,78 9,6 9, 9,6 Vietnam 17,9 18,392 18,77 19,4 19, 19,1 46,43 46,32 47,4 48,327 49,37,727 4,8 412,14 417,67 424,432 43,84 432,94 3,934 3,828 4,12 4,78 4,1 4,171 49,492 41, , ,1 434,94 437,12 Ending Stocks 38,931 36,783 3,91 38,1 42,91 4,26 India 8, 1,2 11,43 13, 17, 13, Indonesia 3,448 3,27 4,67,67 7,7 8,487 Japan 1,919 2,39 2,46 2,6 2,71 2,63 Philippines 4,72,293 4,868 4,418 4,121 3,136 Thailand 2,312 3,94 2,1 2,77 4,787,887 Vietnam 1,292 1,317 1,392 2,18 1,96 2,16 11,2 11,1 1,76 11,712 11,819 1,71 72,179 74,619 73,834 8,33 92,37 91,226 1,211 1,371 1, ,271 73,39 7,99 7,1 8,97 93,344 92,497 Note: All data are reported on a milled basis.

11 Regional Rice Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 1,293 1,2 1,64 1,94 1,6 1,67 Caribbean 1,213 1, , , South America 964 1,9 1,8 1,119 1,188 1,3 Other Europe Former Soviet Union Middle East 4,879,24 4,778,728,78,91 North Africa Sub-Saharan Africa 8,22 7,12 7,84 7,284 7,897 8,4 East Asia 2,119 2,17 2,318 1,646 1,82 1,926 South Asia 1, ,962 2, ,11 Southeast Asia 4,236 4,122,742 4,637 4,3 4,93 1,876 2,1 2,2 2,428 2,21 2,38 Total 26,98 26,423 29,32 28,24 26,81 28,89 North America 7,67 7,286 6,44 6,22 6,69 7,22 Caribbean South America 16,217 14,7 14,292 1,649 16,14 1,72 European Union 1,88 1,731 1,676 1,77 1,68 1,988 Former Soviet Union , 1, 91 1,9 Middle East 2,14 2,372 2,38 2,738 2,8 2,496 North Africa 4,148 4,17 4,413 4,46 4,48 4,49 Sub-Saharan Africa 7,892 8,84 9,376 9,7 1,468 11,16 East Asia 141, , ,661 14,44 1,14 12,2 South Asia 119,9 131, , ,3 142,9 126,98 Southeast Asia 99,462 12,944 13,778 19, , , , Total 41, ,68 42, ,38 447,39 436,278 Domestic Consumption North America, 4,936,231,143,22,291 Central America 1,79 1,64 1,12 1,116 1,18 1,73 Caribbean 1,99 1,732 1,829 1,863 1,737 1,93 South America 14,93 14,2 13,418 14,3 14,697 14,699 European Union 2,636 2,61 2,911 3,18 2,97 3,18 Former Soviet Union ,332 1,346 1,342 1,283 1,241 1,33 Middle East 6,76 7,629 7,86 7,89 7,976 8,23 North Africa 3,31 3,7 3,46 3,636 4,146 4,17 Sub-Saharan Africa 16,1 16,81 17, 17,3 17,943 18,92 East Asia 147,14 144, , ,31 14,8 149,92 South Asia 11, , , ,6 133,21 126,64 Southeast Asia 9,387 92,49 94,986 97,2 97,48 98, Total 47,21 412, ,37 426,47 433,76 434,41 Ending Stocks North America 1,38 1,3 1,49 1,13 1,14 1,442 Central America Caribbean South America 2,472 2,199 2,23 2,488 2,18 2,78 European Union 1,138 1,181 1,138 1,126 1,2 1,11 Middle East 1,728 2,79 1,697 1,977 1,826 1,92 North Africa Sub-Saharan Africa 1,494 1,33 1,21 1,341 1, 1,1 East Asia 41,916 4,329 39,317 41,37 46,67 49,17 South Asia 9,38 11,317 12,636 14,36 19,193 14,286 Southeast Asia 12,648 14,469 14,426 1,78 18,732 2,46 Oceania Total 73,39 7,99 7,1 8,97 93,344 92,497 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.

12 COARSE GRAINS: WORLD MARKETS AND TRADE PRICES: Throughout January, U.S. corn export quotes continued a nearly $3 per ton slide to about $16 following USDA data indicating a record crop. Argentine and Brazilian quotes largely moved with U.S., but the normal pre-harvest discount ($2) has narrowed because of strong sales and shipments. $/MT Corn Weekly Export Bids 3-Oct 6-Nov 13-Nov 2-Nov 27-Nov 4-Dec 11-Dec 18-Dec 2-Dec 1-Jan 8-Jan 1-Jan 22-Jan 29-Jan -Feb TRADE CHANGES IN 29/1 Selected Exporters U.S. Gulf Brazil Paranagua Argentina Up River U.S. corn is cut 2. million tons to. million based on the pace of shipments, despite some improved sales in recent weeks. Argentine corn is raised 2. million tons to 9. million because of strong shipments in recent months and improved prospects for new crop corn. EU barley is lowered, tons to 1. million, the lowest in 6 years, on the continued slow pace of export licenses and large early-season intervention offers. Turkey barley is raised 4, tons to, on large feed-barley export tenders by the Turkish Grain Board. U.S. sorghum is boosted 2, tons to 3.8 million with commitments running well ahead of last year. (Japanese and Mexican sorghum imports are each boosted 1, tons.) Selected Importers Vietnamese corn is boosted 2, tons to 9, based on strong trade with Thailand. Iran barley is lowered 2, tons based on a slow early-season import pace. Grain: World Markets and Trade, February 21 12

13 World Coarse Grain Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 14,371 11,243 17,191 17,786 1,241 11,4 Australia 4,996,614 1,993 3,89 4,874,6 Brazil 1,47 2,826 8,188 8,32 7,183 9,1 3,217 4,1 3,787 6,379 3,848 3,62,92 3,62,463 4,679 4,338 3,28 India 1 721,39 2,4 1,2 Russia 1,34 1,42 1,836 1,419 4,943 2,4 Serbia ,478 2, South Africa 1,3 1, ,14 2,19 2,4 Ukraine 6,46 7,439 3,942,99 11,38 11,1 1,47 8,888 1,976,74,349,27,7 47,4,422 6,489 8,193 6,77,692 61,443 9,17 68,289 1,718 3,9 11,199 18, ,79 128,778 19,911 11,72 TY Imports Algeria 2,273 2,139 2,88 2,433 2,8 2,1 Brazil 74 1,17 1,472 1,28 1, ,339 2,29 2,28 3,187 1,9 2,7 Chile 1,189 1,678 1,766 1,969 1,261 1,62 2,73 2,36 1,16 1,17 1,61 1,63 Colombia 2,16 3,38 3,714 3,63 3,62 3,77 Dominican Republic 1,31 1,68 1,212 1,74 9 1, Egypt,4 4,418 4,84 4,174,66 4,22 2,96 2,883 8,738 19,892 2,996 2,83 Iran 3,88 3, 3,6 3,9, 3,7 Israel 1,7 1,88 1,684 1,776 1,461 1,42 Japan 19,79 19,76 19,668 19,21 19,611 19,46 Jordan 938 1,234 1, Kenya ,34 1,6 Korea, South 8,71 8,4 8,797 9,38 7,24 7,7 Malaysia 2,46 2,17 2,363 3,181 2,4 2,6 Mexico 8,977 9,928 11,4 11,11 1,467 12,4 Morocco 1,989 1,97 2,1 2,18 1,784 1,73 Peru 1,366 1,48 1,646 1,92 1,399 1,62 Saudi Arabia 7,724 8,7 7,78 9,968 9,18 9,3 Syria 2,281 2,6 2,79 2,11 2,8 2,9 Taiwan 4,77 4,743 4,43 4,684 4,672 4,72 Tunisia 1,228 1,23 1,19 1, ,1 Venezuela ,13 1,341 1,3 Vietnam ,1 9 11,444 14,193 13,899 14,367 12,243 12,6 98,231 12,97 11,78 126,7 14,796 14,97 Unaccounted 726 3,6 1,396-1,47 2,38 3,12 2,242 2,29 2,6 3,61 2,87 2,62 11,199 18, ,79 128,778 19,911 11,72 TY=Trade Year, see Endnotes.

14 World Coarse Grains, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 22,673 16,223 26,974 27,34 19,31 24,899 Argentina 11,817 11,97 12,89 6,83 13,27 11,49 Australia 3,614 3,624 61,344 3,184 44,167 37,874 Brazil 22,373 27,167 27,841 23,14 24,939 2,62 162, 172,7 19,1 19,98 147, ,22 8,82 9,236 8,32 7,928 7,179,763 Ethiopia 12,8 161,79 136, , , ,79 33,6 39,17 4,63 33,81 34,4 33,6 India 9, 8,7 8, 7,8 6,8 7,2 Indonesia 29,329 31,48 3,77 29,181 2,887 28,97 Mexico 27, 26,6 24, 26, 24,7 23,2 Nigeria 31,8 4,7 29,32 3,2 27,6 29,6 Russia 12,3 13,84 13,69 7,76 7,311 12,29 South Africa 1,39 1,31 9,48 1,896 11,9 11, Turkey 24,12 26,22 14,8 19,17 18,14 23, Ukraine 133,97 126, , ,891 12,48 116,221 74,226 77, ,3 76,16 68,44 69,398 3,28 32, , , ,71 319,378 1,9,484 1,11,78 1,77, ,14 978,74 1,14,776 Domestic Consumption 1,73 6,673 9,897 9,19 9,471 9, Argentina 48,279 47,4 4,279 43,34 42,197 41,8 Brazil 22,173 22,8 24,21 24, 22,89 22, ,7 16,42 17,1 13,46 147,1 141,72 11,98 11,863 11,477 11,8 11,163 12,364 Egypt 13,2 12,1 14,1 147, ,38 12,73 32,8 36,4 3, 32,2 33,8 33,24 India 19,6 19,71 19,46 19,823 2,89 19,881 Japan 42, 42,13 4,31 39,97 37,6 38,33 Mexico 27, 26,4 24, 2,7 24,4 22,9 Nigeria 31,4 32,6 28,87 28,6 27,7 29,4 Russia 1,8 9,8 9,68 8,76 8,23 7,16 Saudi Arabia 1,83 1,73 1,18 9,13 8,768 1,283 South Africa 1,31 1,7 1,69 11,62 11,462 11,36 Turkey 13,9 13,72 11,83 13,1 12,41 1,17 Ukraine 194, , , , ,47 168,73 88, , , , , ,69 296,67 27, ,33 242,798 24,22 24,177 1,1,17 1,72,24 1,6,32 1,12,13 992,73 977,746 Ending Stocks 3,4 3,33 2,666 1,2 2,84 2,13 Australia 1,67 13,82 12,86 3,772 3,187 4,38 Brazil, 6,3 4,1 3,1 6,347 6,36 49,621 4,131 4,426 38,32 36,7 37,64 18,977 2,12 12,768 1,138 22,27 2,128 3,41 4,222 4,6 3,426 3,376,4 Mexico 3,172 3,382 3,21 1,776 2,443 3,43 South Africa 36,76 37,397 34,897 3,61 32,72 3,439 13, ,1 11,448 12,1 19, ,8 48,684 47,6 4,9 36,174 4,767 8,8 179,28 189,61 16,7 138,67 164,66 178,6

15 Regional Coarse Grains Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 13,8 14,22 1,93 17,88 1,174 17,14 Central America 2,4 2,83 2,96 2,681 2,44 2,82 Caribbean 1,913 1,969 2,227 2,239 2, 2,1 South America 6,462 8,791 1,181 1,672 1,149 1,1 European Union 2,96 2,883 8,738 19,892 2,996 2,83 Former Soviet Union ,129 1, , Middle East 17,94 17,83 18,674 21,819 21,261 19,88 North Africa 11,63 1,481 11,671 1,7 1,73 1,1 Sub-Saharan Africa 2,738 3,4 2,387 2,679 3,244 2,84 East Asia 3,661 3,613 34,13 34,662 33,438 33,64 Southeast Asia 3,499 4,897 4,394 4,746 4,739 4, , ,2 Total 1,473 14, ,183 13,18 17,63 17,6 North America 373,9 349,36 332,324 48, ,19 41,96 South America 73,26 73,88 92,137 1,84 81,449 88,329 European Union 166,79 146, , , ,79 12,8 Other Europe 12,781 12,69 11,68 9,37 12,292 11,718 Former Soviet Union ,3,37 8,71 3,912 78,14 67,44 Middle East 18,876 19,998 19,6 17,381 1,933 16,977 North Africa 11,786 9,371 11,211 9,894 9,871 13,932 Sub-Saharan Africa 77,479 81,42 87,26 9,87 94,73 9,36 East Asia 14,18 149, , ,29 174, ,141 South Asia 39,291 4,39 4,2 46,92 4,128 39,98 Southeast Asia 21,83 22, 23,838 26,62 26,13 26,84 Oceania 12,34 14,174 7,23 13,42 12,617 12,464 3,838 3,86 3,98 4,41 4,32 4,19 Total 1,14, ,74 986,14 1,77,864 1,11,78 1,9,484 Domestic Consumption North America 31,46 3,481 37, ,864 34, ,398 South America 6,791 68,213 7,91 74,697 73,222 78,324 European Union 12,73 147,38 147,877 14,1 12,1 13,2 Other Europe 12,174 12,44 11,33 1,46 1,64 1,77 Former Soviet Union ,628,113 1,26,444 7,441,79 Middle East 3,41 37,188 37,67 37,827 37,89 37,16 North Africa 21,816 2,82 22,29 21,161 2,748 22,71 Sub-Saharan Africa 77,49 84,638 88,391 88,39 94,6 9,497 East Asia 177,81 182, , , ,92 21,89 South Asia 38,89 4,67 38,81 42,2 42,416 39,233 Southeast Asia 23,814 26,93 26,834 28,74 29,98 3,31 Oceania 7,478 7,94 6,88 7,666 7,347 7,437 8,2 8,467 9,14 9,312 8,991 9,11 Total 976,46 991,421 1,7,418 1,,61 1,7,7 1,13,16 Ending Stocks North America 7,6 64,49 43,11 3,634 7,637 7,8 South America 9,67 7,676 9,6 18,476 16,789 1,27 European Union 2,128 22,27 1,138 12,768 2,12 18,977 Other Europe 1,67 1,491 1,2 1,291 1,821 1,89 Former Soviet Union ,393,1,93 4,31 8,6 6, Middle East 7,442 7,91 8,167 7,498 7,882 6,973 North Africa 3,64 2,67 3,166 2,419 2,28 3,76 Sub-Saharan Africa,18,12,24 6,36 6,886 7,12 East Asia 41,7 4,86 41,793 44,94 8,12 3,27 South Asia 1,43 1,41 1,4 1,8 1,79 1,3 Southeast Asia 1,743 2,1 2,644 3,282 3,32 3,142 Oceania 2,234 2,883 1,293 2,729 3,39 3, , 1, Total 178,6 164,66 138,67 16,7 189,61 179,28 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.

16 World Corn Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 13,72 1,77 1,693 1,676 8,48 9, Brazil 1,431 2,826 8,71 7,883 7,178 9, 7,89 3,727, ,743 1, India ,77 2,3 1, Paraguay 386 1,314 1,981 1,461 1,862 1, Serbia ,467 2, South Africa 1,17 1, ,124 2,111 2, Thailand Ukraine 2,334 2,464 1,27 2,74,497, 2, 3,13 2,148 2,348 3,747 2,13 3,614 26,24 37,162 37,7 3,321 34,88 4,347 6,84 4,214 6,663 47,97, 7,961 82,68 91,376 98,22 83,228 84,88 TY Imports Algeria 2,14 2,61 2,463 2,166 1,9 2,1 Brazil , ,92 7 2,237 1,962 2,226 3,117 1,844 2, Chile 1,81 1,99 1,8 1, ,2 Colombia 2,26 3,11 3,386 3,267 3,2 3,3 Cuba Dominican Republic 1,31 1,68 1,212 1,74 9 1, Egypt,398 4,397 4,826 4,11, 4,2 2,469 2,634 7,6 14,16 2,743 2, Guatemala Iran 2,8 2,3 3,3 2,9 3,6 2,9 Israel 1,242 1,128 1,311 1,374 1, 1, Japan 16,48 16,617 16,713 16,614 16,33 16,3 Kenya ,266 1, Korea, South 8,633 8,483 8,731 9,311 7,194 7, Malaysia 2,46 2,17 2,363 3,181 2,4 2,6 Mexico,94 6,787 8,944 9,6 7,764 9, Morocco 1,423 1,491 1,683 1,88 1, 1,6 Peru 1,31 1,467 1,28 1,469 1,37 1, Saudi Arabia 1,224 1,472 1,77 1,961 1,482 1,8 Syria 1,781 1,26 1,729 1,611 1,8 1,9 Taiwan 4,62 4,33 4,283 4,27 4, 4,6 Tunisia Venezuela ,13 1,336 1,3 Vietnam ,1 9 8,427 11,96 1,747 1,424 8,87 8,9 7,614 79,47 9,39 99,44 81,16 82,34 Unaccounted 66 2,81 1,18-1,68 1,731 2, ,961 82,68 91,376 98,22 83,228 84,88 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.

17 World Corn, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 17,2 12,6 22, 22, 1,8 2, Argentina 1, 1, 8,6 1, 41,7 3, Brazil 9,6 1,92 11,649 8,99 9,332 8,837 1, 16,9 12,3 11,6 139,36 13,29 6,3 6,217 6,174 6,149,932,84 Egypt,766 62,721 47, 3,829 6,668 66,471 18, 19,29 18,96 1,1 14,71 14,18 India 9, 8,7 8, 7,8 6,8 7,2 Indonesia 22, 24,226 23,6 22,3 19, 22, Mexico 8,3 7,9 6, 7,8 7, 6, Nigeria 6,8 6,846 7,277 6,231,884, Philippines 6,4 6,13 4,4 6,41 Serbia 11, 12,67 13,164 7,3 6,93 11,716 South Africa 1, 11,4 7,4 6,4 7,1 8,8 Ukraine 4,8 4,3 4,6 4,21 3,818 3,77 Vietnam 71,13 73,738 68,361 67,112 71,927 68,82 463, ,37 46, , ,21 41,43 334,2 37, , ,3 282, , , , , ,38 698, ,919 Total Consumption 7,1, 7, 6,7 6,2,2 Argentina 4, 44, 42, 41, 39, 38, Brazil 11,8 11,663 13,769 11,442 1,88 1,311 19, 12, 149, 14, 137, 131, 1,9 1,8 1,4 1,7 1,1 11,3 Egypt 6, 62, 64, 62,3 61, 63,2 17, 16,9 14,2 13,9 14,2 13,9 India 9,1 8,8 8, 8,1 8,3 7,8 Indonesia 16,3 16,4 16,6 16, 16,7 16, Japan 7,7 7,876 8,638 8,833 8,79 8,666 Korea, South 32,2 32,4 32, 3,7 27,9 27,9 Mexico 8,4 7,8 6, 7,6 6,8 6,3 Nigeria 7,4 7,3 7,1 6,,8,1 Philippines 1,2 1, 9,6 8,6 8,2 9,7 South Africa,6,6,7,2,1 6, Ukraine 116,349 11,61 113,79 11,286 16,69 1,313 27,337 16,17 9, 497, , , ,334 29,3 261,632 23, ,1 224,61 89,671 77, , ,79 7, ,298 Ending Stocks 1,279 13,279 12,79 3,92 3,1 4,192 Brazil 48,769 3,169 39,394 36,62 3,2 36, 2,849 6,83 4,362 7,382 9,461 8,18 1,37 1,49 2,79 1,322 1,39 1,382 Korea, South 1, Malawi 2,89 3,9 4,131 3,84 2,77 4,29 Mexico 3,7 3,182 3,9 1,661 2,38 3,19 South Africa 19,881 21,797 21,782 21,681 2,1 19,728 9,367 13,377 88,3 7,72 74,313 77,737 43,674 42,4 41,2 33,114 49,968 3, ,41 14, ,6 18, , ,434

18 Regional Corn Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 8,463 8,99 11,489 13,174 9,94 11,8 Central America 2,41 2,83 2,96 2,678 2,44 2,82 South America,738 8,18 9,141 9,49 8,62 8,76 European Union 2,469 2,634 7,6 14,16 2,743 2, Former Soviet Union Middle East 8,39 7,381 1,22 1,6 9,47 8,87 North Africa 1,112 9,44 1,136 9,94 9,6 9,3 Sub-Saharan Africa 2,1 2,8 1,86 1,844 2,493 2,8 East Asia 3,94 29,949 29,84 3,746 28,74 28,7 Southeast Asia 3,492 4,89 4,38 4,71 4,72 4,2 Caribbean 1,913 1,969 2,227 2,239 2, 2, Total 7,89 79,77 9,38 99,9 81,497 82,64 North America 33, ,9 298, , ,96 36,612 South America 63,6 6,826 83,33 9,37 72,94 77,96 European Union 66,471 6,668 3,829 47, 62,721,766 Other Europe 1,199 1,333 9,3 7,239 9,96 9,8 Former Soviet Union ,424 13,289 12,849 13,79 21,31 17,41 Middle East,66 6,439,183,83 6,39,984 North Africa 6,42 6,134 6,31 6,376 6,419 6,2 Sub-Saharan Africa 4,661 38,264 41,27 46,771 47,772 47,99 East Asia 132,81 141,16 13,43 14,9 167,71 16,66 South Asia 18,871 19,92 2,11 23,98 24,16 23,2 Central America 2,633 2,77 2,88 3,244 3,243 3,3 Southeast Asia 21,33 21,74 23,6 2,82 2,913 26,6 1,223 1,28 1, 1,216 1,197 1,179 Total 714, , ,38 791, , ,831 Domestic Consumption North America 262,821 27, ,816 37,41 33, ,334 South America 6,283 9,799 63,172 66,112 6,2 69,2 European Union 63,2 61, 62,3 64, 62, 6, Other Europe 9,474 9,426 8,99 7,817 8,12 8,2 Former Soviet Union ,749 11,98 12,144 12,898 14,2 12,94 Middle East 13,22 13,26 14,68 1,429 1,278 1,28 North Africa 1,72 14,871 16,61 1,664 1,8 16,2 Sub-Saharan Africa 39,3 41,149 42,693 43,761 47,46 47,696 East Asia 163,73 168, ,719 18,3 182, ,4 South Asia 18,8 19,319 18,982 19,474 21,79 22,4 Southeast Asia 23,76 2,837 26,97 28,499 29,3 3,7 Central America,12,3,8,9,8,9 3,17 3,21 3,198 3,41 3,28 3,2 Total 686,3 7, ,13 77, ,743 87,433 Ending Stocks North America 6,28 4,676 37,3 46,843 47,92 47,8 South America 8,634 6,988 8,26 17,621 16,9 13,74 European Union 8,18 9,461 7,382 4,362 6,83 2,849 Other Europe 1,24 1,167 1, ,4 1,27 Former Soviet Union ,14 1,67 1,766 1,143 1,66 1,2 Middle East 2,62 2,73 3,244 3,18 3,427 2,8 North Africa 1,61 1,33 1,67 1,66 1,87 1,27 Sub-Saharan Africa 4,37 4,11 3,62,142,431,8 East Asia 39,844 38,328 39,74 43,373 6,63 2,9 South Asia ,116 1,21 1,216 Southeast Asia 1,72 2,8 2,642 3,282 3,31 3,141 Central America Total 131, ,281 18, ,6 14, ,41 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.

19 World Barley Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina Australia 4,481,231 1,927 3,377 3,278 3,8 1,476 1,876 1,337 2,947 1,618 1, Egypt ,24 2,87 4,366 3,888 2,374 1, Kazakhstan Russia 1,488 1,397 1,691 1,277 3,98 2,2 Serbia Turkey Ukraine 3,992 4,926 2,911 3,814,871 6, Uruguay ,174 17,16 14,77 17,676 18,16 16, ,94 17,17 14,6 18,77 18,174 17,8 TY Imports Brazil ,49 2,217 1,127 1,91 1,1 1, Colombia Iran 1, , 1,4 8 Israel Japan 1,22 1,417 1,39 1,361 1,346 1,4 Jordan Kuwait Libya Mexico Saudi Arabia 6, 7,1 6, 8, 7,7 7, Syria , 1, Tunisia United Arab Emirates ,831 1,61 1,746 2,83 1,66 1,26 16,424 16,868 14,13 17,492 17,8 16,3 Unaccounted ,94 17,17 14,6 18,77 18,174 17,8 TY=Trade Year, see Endnotes.

20 World Barley, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 2, ,314 Algeria 1,6 1,6 1,47 1, Argentina 8,3 7,669 7,16 4,27 9,483 7,74 Australia 1,6 2, 1,7 1,3 1,8 2, Belarus 9,2 11,781 1,984 9,73 11,678 12,7 3,1 2,9 2,78 3,11 3,4 3,222 1,3 1,484 1,3 1,32 1,271 1,32 Ethiopia 61,987 6,49 7,4 6,22 4,72 64,8 1, 1,23 1,33 1,22 1,2 1,3 India 2,6 2, 3, 3, 2,87 2,94 Iran 2,6 1,8 2, 1,9 1, 1, Kazakhstan 3,7 1, ,3 1,12 2,76 Morocco 17,9 23,1 1,6 18,1 1,8 17,2 Russia 6,,6 6, 7, 7,6 7,4 Turkey 11,8 12,6 6, 11,3 9, 11,1 Ukraine 8,399 7,67 8,93 9,2 9,1 9,16 143,96 148,73 128,1 132, ,68 146,34 4,949,23 4,7 3,923 4,613 6,91 148,9 13,96 132,72 136, ,271 12,431 Total Consumption 4,1 3,6 3,1 4, 3, 3, Australia 1,7 2, 1,7 1,6 1,9 1,9 Belarus 8,4 9,6 7,916 1,19 9,611 1,138 4, 4,3 3,9 4,2,4,3 9, 7, 4,2,7 4, 4,8 1,4 1, 1, 1,22 1,2 1,3 India 3,3 3,9 3,6 3,4 4,2 3,8 Iran 1, 1,6 1,6 1,6 1,6 1,6 Japan 1,8 1,6 1,7 1,3 1,4 1, Kazakhstan 2,8 1,7 1,9 2, 2,2 2,62 Morocco 17,1 17,1 1, 16,4 1, 16, Russia 7,93 7,73 7,43 6,81 6,1,61 Saudi Arabia 1,6 1,7 1, 1,1 1, 1,2 Syria,7,7 6,1 7,3 7,3 7,3 Turkey 6,1 6, 4,9 6,3,3 6,4 Ukraine 14,344 14,7 14,728 14,473 14,38 14, ,43 138, ,96 138,66 136, ,79 4,789,127 4,324 4,96 4,7, , ,89 133,92 143,22 141, ,431 Ending Stocks Algeria 2,897 2,497 1, ,82 1,866 Australia 2,463 2,843 1,68 1,491 3,289 3,43 12,3 1,366,7,824 8,3 11,63 1, ,43 Morocco 2,287 3,637 1,2 1, ,11 Russia 2,368 2,298 2,428 2,48 2,68 1,978 Saudi Arabia,838,774,249,866 6,322 7,3 29,879 27,788 18,84 19,264 2,24 29,734 2,27 1,932 1,48 1, 2,3 2,796 32,46 29,72 19,69 2,764 27,4 32,3

21 Regional Barley Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America South America European Union Other Europe Former Soviet Union Middle East 9,682 1,33 8,278 11,72 11,699 1,88 North Africa 1,488 1,392 1,21 1,144 1,7 62 Sub-Saharan Africa East Asia 3,768 3,816 2,9 2, 2,996 3, South Asia Oceania 1 Total 16,81 16,992 14,47 18,24 18,8 16,63 North America 19,8 17,1 14,36 16,212 17,822 1,2 South America 2,6 1,827 2,287 2,61 2,644 2,693 European Union 64,8 4,72 6,22 7,4 6,49 61,987 Other Europe 1,781 1,611 1,48 1,412 1,48 1,48 Former Soviet Union ,26 29,4 33,91 27,67 4,86 3,1 Middle East 11,926 12,33 12,2 1,927 8,291 9,63 North Africa 4,719 2,212 3,83 2,493 2,427 6,34 Sub-Saharan Africa 1,616 1,638 1,738 1,733 1,826 1,67 East Asia 3,678 3,848 3,49 3,24 3,377 3, South Asia 1,6 1,664 1,742 1,93 1,637 2,17 Oceania 8,12 9,883 4,67 7,6 8,69 8,7 Total 12, , , ,72 13,96 148,9 Domestic Consumption North America 16,76 1,16 1,711 13,11 1,117 14,139 South America 2,317 2,12 2,227 2,423 2,489 2,477 European Union 4,8 4,,7 4,2 7, 9, Other Europe 1,83 1,776 1,738 1,64 1,6 1,68 Former Soviet Union ,619 2,77 26,94 24,779 28,126 28,23 Middle East 2,34 22,26 21,434 2,831 21,17 2,1 North Africa,89 4,88 4,93 4,42 3,863,38 Sub-Saharan Africa 1,718 1,691 1,792 1,794 1,939 1,77 East Asia 7,47 7,492 6,219,88 6,29 6,41 South Asia 1,66 1,667 1,743 1,66 1,436 2,17 Oceania 3,9 3,9 4,4 3, 4, 4, Total 143,271 14,24 142, , ,4 146,213 Ending Stocks North America 6,472,746 3,18 3,16 4,862,18 South America European Union 11,63 8,3,824,7 1,366 12,3 Other Europe Former Soviet Union ,193 2,1 2,72 2,499,36 4,14 Middle East 4,779,196 4,94 4,466 4,439 4,444 North Africa 2,39 1,332 1, ,28 Sub-Saharan Africa East Asia 836 1, South Asia Oceania 1,921 2,637 1,46 1,698 2,33 2,933 Total 32,3 27,4 2,764 19,69 29,72 32,46 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 Sorghum Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina , , Australia ,36 1,1 Brazil Nigeria South Africa Sudan ,44 2,17 2,492 2,1 4,41 4,961 4,38 6,664 3,69 3,8,364,496,784 8,839 6,11 6,31 TY Imports Chile Colombia Ecuador 44 8 Ethiopia ,474, Israel Japan 1,374 1,393 1,276 1,84 1,629 1,6 Mexico 2,931 3,29 1,94 1,16 2,496 2,7 Sudan Taiwan ,248,346,669 9,9,687 6,2 Unaccounted ,364,496,784 8,839 6,11 6,31 TY=Trade Year, see Endnotes.

23 World Sorghum, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 3,3 1,66 2,937 2,8 2,33 2,9 Argentina 1,8 2,671 3,79 1,283 1,929 2,11 Australia 1,9 1,91 2, 1, 1,43 2,1 Brazil 1,8 1,8 1,7 1,16 1,3 1,134 Burkina 1,7 1,8 1,92 2,183 2,46 2, Egypt 2,6 2,619 2,69 2,316 2,174 1,716 Ethiopia , 7,31 7,93 7,1 7,63 7,24 India Mali 6,4 6,3 6,2,81,,89 Mexico 9 1, Niger 11, 11, 1, 1, 1, 1, Nigeria 4,7 4,7 4,,2 4,27 2,7 Sudan Tanzania 6,623 6,6 6,4 6,317,968,93 2,621 2,4 3,63,437 49,66 47,288 9,728 11,998 12,636 7,32 9,976 11,22 62,349 64,43 66,289 7,469 9,82 8,81 Total Consumption 1,7 7 1,7 1,7 2,3 2,6 Argentina 1,2 1,6 2,2 1,2 1,89 1,7 Australia 1,8 1,9 1,8 1,37 1,7 2,1 Brazil 1,8 1,8 1,7 1,16 1,3 1,134 Burkina 1,8 2, 2, 2, 2,3 2, Egypt 2,8 2,7 2,6 2,3 2,1 1,716 Ethiopia 6,1 7,2 7,9 7,1 7, 7,2 India 1,6 1,6 1,1 1,3 1,4 1,4 Japan Mali 9,2 8,6 7,2 8,1 8,6 9,3 Mexico 9 1, 1, Niger 11,4 1,9 9,9 1,4 1,4 9,9 Nigeria,,,, 4,2 3, Sudan Tanzania 8,341 8,36 13,486 8,1 7,31 6,76 6,12 6,36 6,22 4,26 4,436 2,791 6,96 8,38,81 4,12 4,818 6,24 62,68 64,668 6,36 8,277 9,24 9,4 Ending Stocks Argentina Australia Brazil Mexico Nigeria Sudan 81 1, ,49 3,83 4, 3,48 3,2 3,396 1,466 1,39 1, ,668 1,446 4,961,22,34 4,362,17 4,842

24 Regional Sorghum Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 2,932 3,29 1,96 1,17 2,499 2,7 South America European Union ,474, Other Europe Middle East North Africa Sub-Saharan Africa East Asia 1,4 1,48 1,349 1,196 1,719 1,7 Southeast Asia Total,249,346,671 9,6,69 6,2 North America 17,412 1,476 12,842 18,836 18,298 16,128 Central America Caribbean South America,874 4,794,122,661 4,62 6,26 European Union Middle East North Africa Sub-Saharan Africa 21,27 24,61 26,88 2,28 27,89 27,28 East Asia 2,341 2,4 2,191 1,94 1,82 1,72 South Asia 7,426 7,783 7,3 8,81 7,4 6,14 Southeast Asia Oceania 2,11 1,929 1,283 3,79 2,671 1,8 Total 8,81 9,82 7,469 66,289 64,43 62,349 Domestic Consumption North America 1,4 13,418 12,112 12,281 16,98 1,296 Central America Caribbean South America,684 4,866 4,19 4,719 4,291,217 European Union 68 1,28 6,3 9 7 Middle East North Africa Sub-Saharan Africa 22,181 24,846 2,984 2,991 27,34 28,18 East Asia 3,786 3,784 3,47 3,222 3,699 3,6 South Asia 7,387 7,63 7,28 8,3 7,349 6,24 Southeast Asia Oceania 1,7 1,89 1,2 2,2 1,6 1, Total 8,94 9,211 7,63 6,2 64,14 62,617 Ending Stocks North America 2,7 2,221 1,31 1,713 1,99 1,93 Central America South America European Union Middle East North Africa Sub-Saharan Africa 78 1,3 1,41 1,277 1,331 1,161 East Asia 892 1,121 1, South Asia Oceania Total 4,842,17 4,362,34,22 4,961 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.

25 World Oats Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina Australia ,374 1,74 1,921 2,321 1,789 1,7 Chile Kazakhstan 9 1 Ukraine ,924 2,214 2,14 2,691 2,1 2, ,9 2,24 2,178 2,744 2,143 2,8 TY Imports Algeria Bosnia and Herzegovina Colombia Ecuador Japan Mexico Morocco 1 1 Norway South Africa Switzerland Turkey Unaccounted ,629 1,831 1,794 2,244 1,787 1,6 1,9 2,24 2,178 2,744 2,143 2,8 TY=Trade Year, see Endnotes.

26 World Oats, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb Algeria Argentina 1,26 1,2 1, ,69 1,283 Australia Belarus Brazil 2,8 4,273 4,696 3,82 3,283 3, Chile ,67 8,86 8,634 7,768 7,968 9, Kazakhstan Mexico Norway,4,8,4 4,9 4, 4,9 Russia Turkey , Ukraine ,86 2,7 24,68 21,686 22,14 24,4 1,31 1,294 1,313 1,37 1,667 1,679 24,211 26,369 2,921 23,43 23,87 2,683 Total Consumption Algeria Argentina 1,1 1,8 1, ,48 1,17 Australia Belarus Brazil 1, 1,77 1,933 2,283 1,966 1, Chile ,4 8, 8,6 7,647 7,868 8, Kazakhstan Mexico Norway,6,4,4 4,9 4,6 4,9 Russia Turkey Ukraine ,862 21,874 22,312 2,164 2,936 22,12 3,161 2,968 3,161 3,179 3,287 3,297 2,23 24,842 2,473 23,343 24,223 2,399 Ending Stocks Argentina Australia Belarus 1,92 1, Russia ,44 3,639 2,364 2,11 2,422 2,76 1,4 1, ,48 4,86 3,333 2,88 3,18 3,61

27 Regional Oats Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 1,698 1,933 1,873 2,392 1,883 1,71 South America European Union Other Europe Former Soviet Union Middle East North Africa Sub-Saharan Africa East Asia Oceania Total 1,923 2,19 2,132 2,64 2,112 1,97 North America,249,77,361 6,133,71 4,299 South America 1,397 1,316 1,33 1,32 1,132 1,326 European Union 9,146 7,968 7,768 8,634 8,86 8,67 Other Europe Former Soviet Union ,87 6,98 6,296 6,71 7,81 7,9 Middle East North Africa Sub-Saharan Africa East Asia Oceania 1,38 1, ,77 1,28 1,33 Total 2,683 23,87 23,43 2,921 26,369 24,211 Domestic Consumption North America,46,428,77,329 4,948 4,961 South America 1,382 1,333 1,33 1,33 1,143 1,331 European Union 8,719 7,868 7,647 8,6 8, 8,4 Other Europe Former Soviet Union ,72 6,193 6,266 6,68 7,36 7,3 Middle East North Africa Sub-Saharan Africa East Asia Oceania 1,2 1, 78 1,41 1,16 1,17 Total 2,38 24,183 23,417 2,149 24,836 24,94 Ending Stocks North America 1,821 1,644 1,298 1,927 2,7 2,11 South America European Union Other Europe Former Soviet Union Middle East North Africa Sub-Saharan Africa East Asia Oceania Total 3,61 3,18 2,88 3,333 4,86 4,48 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.

28 World Rye Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Belarus Russia Ukraine TY Imports Israel Japan Korea, South Norway Switzerland Turkey Unaccounted TY=Trade Year, see Endnotes.

29 World Rye, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb Argentina Belarus 1,4 1,1 1,2 1,3 1,6 1, ,31 7,688 6,41 7,679 9,234 9,3 Russia 2,8 3,6 3, 3,9 4, 4,3 Turkey Ukraine 1,6 1, 6 1, ,826 14,329 12,219 14,213 17,23 17, ,36 14,2 12,42 14,373 17,46 17,413 Total Consumption Argentina Belarus 1,2 1,1 1,2 1,2 1, 1, ,13 8,62 7,4 7,3 8,7 9,4 Japan Kazakhstan 47 Norway Russia 3,3 3,6 3,1 3,7 4,2 4,3 Turkey Ukraine 1,3 1, ,24 1,42 13,744 13,676 16,214 17, ,89 1,784 14,81 14,11 16,6 17,41 Ending Stocks Belarus ,16 1, ,13 1,442 1,44 Japan Russia Ukraine ,974 2,712 1,39 1,43 2,3 2, ,994 2,73 1,1 1,413 2,313 2,311

30 Regional Rye Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America South America European Union Other Europe Former Soviet Union Middle East Sub-Saharan Africa East Asia Oceania Total North America South America European Union 1,31 7,688 6,41 7,679 9,234 9,3 Other Europe Former Soviet Union - 12,9,8 4,8,8 7,2 7, Middle East Sub-Saharan Africa East Asia Oceania Total 17,36 14,2 12,42 14,373 17,46 17,413 Domestic Consumption North America South America European Union 1,13 8,62 7,4 7,3 8,7 9,4 Other Europe Former Soviet Union - 12,91,81,1,47 6,7 6,9 Middle East Sub-Saharan Africa East Asia Oceania Total 17,17 1,798 13,937 13,941 16,42 17,367 Ending Stocks North America South America European Union 3,16 1, ,13 1,442 1,44 Other Europe 1 1 Former Soviet Union Middle East Sub-Saharan Africa East Asia Oceania Total 3,994 2,73 1,1 1,413 2,313 2,311 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.