Grain: World Markets and Trade

Size: px
Start display at page:

Download "Grain: World Markets and Trade"

Transcription

1 Department of Agriculture Foreign Agricultural Service Circular Series FG 1-7 October 27 Grain: World Markets and Trade Australian Wheat Exports Plummet MMT Wheat Barley 24/2 2/26 26/27 27/28 Australian wheat exports are expected to fall precipitously 4. million tons from last year to the lowest level in 13 years due to poor production resulting from drought. Because of low exportable supplies, Australia will undoubtedly focus its attention on major importers. It will try to maintain a strong presence in Japan, South Korea, Indonesia, and Malaysia, as well as attempt to recapture the Iraqi market. Nonetheless, it will not be able to satisfy demand for many traditional buyers in Asia, the Middle East, and the Mediterranean. Major grain suppliers such as the, Russia, and Kazakhstan will have the opportunity to increase their market shares in these regions. Other grain exports are expected to be low as well. Barley is projected to remain at a low level for the second year in a row at 2.3 million tons. Sorghum and oats are to drop to 13- year lows because of strong demand from the domestic feed industry. Rice is estimated to plunge to a 46-year low to 4, tons. Approved by the World Agricultural Outlook Board - USDA

2 TABLE OF CONTENTS World Markets and Trade: Commentary and Current Data Wheat... 4 Rice Coarse Grains Historical Data Series for Selected Regions and Countries... 4 Endnotes to Grain: World Markets and Trade... 6 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 9:3 a.m. on the same day, together with its downloadable data set. Grain: World Markets and Trade, October 27 2

3 All Grain Summary Comparison Wheat Rice, Milled Corn Marketing Year 2/6 26/7 2/6 26/7 2/6 26/7 Production (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).

4 WHEAT: WORLD MARKETS AND TRADE MONTHLY HIGHLIGHTS: Central Asian Supplier Takes Center Stage: Kazakhstan s presence as a major supplier has become a crucial factor in world trade. With higher exportable supplies in, it is expected to export 8 million tons. This will adequately satisfy the needs of its neighboring countries, which have been experiencing rising bread prices. Kazakhstan also will become an important player in the tight global wheat market by picking up slack from Ukraine and. Although landlocked, it still has a competitive advantage in delivering wheat to some major importers (e.g. Egypt,, Tunisia, and Yemen) due to access to Black Sea ports. This does not necessarily shut the door to more expensive U.S. exports, especially to those buyers that have stricter quality standards. Kazakhstan Exports Strong on Higher Production MMT Exports Production 24/ 2/6 26/7 $/MT PRICES: Domestic: For September, wheat prices for all classes surged on strong export sales, continued surging global import demand, and deteriorating crop conditions in Australia. For the month, Hard Red Winter (HRW) rose $43 per ton, Hard Red Spring (HRS) rose $4, Soft Red Winter (SRW) rose $4, and Soft White (SWW) rose $ U.S. Weekly FOB Export Bids 7/6 7/13 7/2 7/27 8/3 8/1 8/17 8/24 8/31 9/7 9/14 9/21 9/28 1/ U.S. No.1 HRW 11% (Gulf) U.S. No.2 SRW (Gulf ) U.S. No.1 SWW (PNW) US No.1 DNS 14% (PNW) Grain: World Markets and Trade, October 27 4

5 TRADE CHANGES IN 27/28 Selected Exporters Australia is down 4. million tons to 8. million on devastating weather that has reduced production estimates. Argentina is up, tons to 1. million on improved crop prospects. China is up, tons to 3. million on expected strong sales to neighboring countries. is down, tons to 1. million reflecting lower production. Kazakhstan is up 1. million tons to 8. million on estimated higher production. is up 1. million tons to 31. million on stronger global import demand and less competition from some major suppliers, particularly Australia. Selected Importers Nigeria is down 3, tons to 3. million on expected smaller purchases due to high prices. Pakistan is up 3, tons to, on a Government of Pakistan announcement of subsequent tenders in the next few months. Turkey is up 3, tons to 1. million due to a poor crop. TRADE CHANGES IN 26/27 Selected Exporters Australia is down 3, tons to million based on final trade numbers. Kazakhstan is up 2. million tons to 8. million based on final trade numbers. Russia is up 9, tons to 1.79 million based on final trade numbers. Grain: World Markets and Trade, October 27

6 Selected Importers Egypt is up, tons to 7.3 million due to large purchases from Syria. Turkey is up 333, tons to 1.8 million on strong late-season imports from Russia and Kazakhstan. Tajikistan is up 4, tons to 9, with late-season purchases from Kazakhstan. Uzbekistan is up 4, tons to 1.1 million with late-season purchases from Kazakhstan. Grain: World Markets and Trade, October 27 6

7 World Wheat, Flour, and Products Trade July/June Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina 7,346 13,2 8,31 12,21 9, 1, Australia 1,96 1,826 1,213 11,241 13, 8, Canada 1,26 1,117 1,616 19,613 14, 14, China, Peoples Republic of 2,824 1,171 1,397 2,783 2, 3, 9,834 14,74 1,694 13, 1, 1, Kazakhstan, Republic of 4,217 3,39 3,817 8, 6, 8, Russian Federation 3,114 7,91 1,664 1,79 12, 12, Syria 1, , 8 8 Turkey 84 2,217 2,9 2, 1, 1, Ukraine 66 4,31 6,461 3,366 1, 1, 11,13,677,22 4,724 4,67 4,7 71,18 84,196 8,883 89,727 76,47 74, 32,29 28,464 27,424 2,2 3, 31, 13,47 112,66 113,37 114,72 16,47 1, TY Imports Algeria 3,933,398,469 4,8 4,4 4,4 Bangladesh 1,94 2,8 2,9 1,86 1,9 1,8 Brazil,9,39 6,194 7,7 6,8 6,8 Colombia 1,246 1,248 1,314 1,241 1,2 1,2 Egypt 7,29 8,1 7,771 7,3 6,8 6,8 7,374 7,61 6,78, 6, 6, India ,78 3, 3, Indonesia 4,3 4,661 4,981,64,3,3 Iraq 1,92 3,1 4,878 2,834 3, 3, Japan,71,744,469,747,, Korea, Republic of 3,434 3,91 3,884 3,439 3,4 3,4 Malaysia 1,329 1,412 1,216 1,192 1,2 1,2 Mexico 3,644 3,717 3,49 3,61 3,6 3,6 Morocco 2,414 2,272 2,418 1,81 3,2 3,2 Nigeria 2,383 3,14 3,66 3,316 3,3 3, Peru 1,488 1,449 1,66 1,367 1,3 1,3 Philippines 2,97 2,93 2,94 2,773 2, 2, South Africa, Republic of 911 1,47 1, ,2 1,2 Sudan 99 1,22 1,69 1,33 1,2 1,2 Thailand 1,139 1,81 1,174 1,124 1,2 1,2 Tunisia 781 1,79 1,263 1,436 1,3 1,3 Turkey 1, ,833 1,2 1, Venezuela 1,38 1,4 1,691 1,76 1,7 1,7 Vietnam 83 1,226 1,181 1,293 1,3 1,2 Yemen 1,63 1,83 2,143 2,3 2,1 2,1 32,13 37,26 33,278 29,83 27,44 26,64 98,636 17,771 17,989 18,612 11,69 1,64 Unaccounted 3,79 2,943 3,9 2,74 2,8 2,1 1,76 1,946 2,39 3,39 2,7 2,7 13,47 112,66 113,37 114,72 16,47 1,

8 World Wheat Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Afghanistan 4,36 4, 4,27 4,4 4,4 4,4 Argentina 14, 16, 14, 1,2 14, 14, Australia 26,132 21,9 2,367 9,9 21, 13, Canada 23,49 24,796 2,748 2,26 2,3 2,6 China, Peoples Republic of 86,49 91,9 97,4 14, 1, 1, Egypt 6,443 7,177 8,184 8,274 8,32 8,32 11,78 146, ,36 124, ,827 12,77 India 6,1 72,1 68,64 69,3 74,89 74,89 Iran 13, 14, 14, 14,8 1, 1, Kazakhstan, Republic of 11, 9,9 11, 13, 14, 16, Pakistan 19,183 19, 21,612 21,7 23, 23, Russian Federation 34,1 4,4 47,7 44,9 47, 48, Turkey 16,8 18, 18, 17, 1, 1, Ukraine 3,6 17, 18,7 14, 13, 13,8 Uzbekistan, Republic of,4,2,8,8 6, 6,,368 2,677,,327 44,973 44,98 49,63 68,133 64,382 43,763 48,71 44,22 63,814 8,738 7,28 49,316 7,34 6,247 4, , ,662 93,79 66,244 6,472 Total Consumption Algeria 6,8 7,3 7, 7,6 7,6 7,7 Brazil 9,8 1,2 1,8 1, 1,4 1,4 Canada 7,186 8,232 8,319 8,738 8,7 8,744 China, Peoples Republic of 14, 12, 11, 11, 1, 1, Egypt 13,3 14,2 14,8 1,4 1,7 1,9 11,9 123,22 127,2 12,7 121,296 12,796 India 68,28 72,838 69,971 74,38 7,8 7,8 Iran 14,3 14,7 1, 1,3 1,6 1,6 Kazakhstan, Republic of 6,8 7,4 7,4 7, 7,8 7, Morocco 6,4 6,6 6,8 7,2 7,1 7,1 Pakistan 19,1 2, 21, 21,9 22,4 22,4 Russian Federation 3, 37,4 38,4 36,4 36,7 37,2 Turkey 16,8 16,8 16,1 16,6 16,2 16,4 Ukraine 9,2 11,7 12, 11,7 11,9 12,2 Uzbekistan, Republic of,179,7 6,118 6, 6,4 6,7 11, ,37 123, , ,39 117,4,9 76,892 93,92 86,98 86,49 84,89 32,7 31,823 31,37 31,3 32,468 31,324 88,412 68,71 624, , ,98 616,219 Ending Stocks Canada,98 7,922 9,638 6,827 4,748 4,98 China, Peoples Republic of 43,293 38,819 34,89 3,486 38,7 37,486 Egypt 1,744 2,861 4,6 4,12 3,3 3,33 11,14 27,488 23,383 14,48 11,11 1,941 India 6,9 4,1 2, 3,,49,49 Iran 3,267 3,267 3,97 3,647 3,97 3,197 Pakistan 1,382 2,248 3,264 2,919 3,1 3,419 43,37 49,16 1,81 39,326 33,937 29, ,392 13, ,88 11,3 12,2 98,62 14,872 14,699 1,4 12,414 9,844 8,32 132,264 1,42 147, , ,364 16,972

9 Regional Wheat Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America,634,91 6,14 7,326 6,7 6,7 Central America 1, 1,1 1,14 1,437 1,3 1,3 Caribbean 1,839 2,34 1,926 1,824 1,93 1,82 South America 11,27 1,826 12,687 13,86 12,91 12,83 European Union 7,374 7,61 6,78, 6, 6, Other Europe 1,47 1,464 1,47 1,463 1,42 1,22 Former Soviet Union ,226 4,79,147,928 4, 4,6 Middle East 8,813 1,22 13,22 11,818 1,39 1,32 North Africa 1,48 18,47 18,6 16,214 16,7 16, Sub-Saharan Africa 9,713 12,91 13,6 11,428 11,38 1,74 East Asia 1,32 18,37 12,83 11,947 11,6 11,7 South Asia 3,8 4,881 4,374 1,7 6,28 6,3 Southeast Asia 11,177 11,429 11,923 12,386 11,97 11,82 Oceania Total 1,396 19,717 11, ,7 14,39 13,34 Production North America 89,63 8,94 86,48 77,821 81,94 8,17 Central America Caribbean South America 23,647 2,176 22,411 2,7 2,62 21,13 European Union 11,78 146, ,36 124, ,827 12,77 Other Europe 3,864,438 4,21 4,331 4,18 4,18 Former Soviet Union ,91 86,8 91,93 8,94 87,73 91,3 Middle East 39,816 41,93 42,968 41,828 39,772 39,772 North Africa 16,28 17,166 1,178 18,26 13,78 13,78 Sub-Saharan Africa 4,497 4,919,7 6,881,46,381 East Asia 87,73 93,179 98,647 1,243 16,278 16,278 South Asia 9,966 97,696 96,412 97,3 14,1 14,1 Southeast Asia Oceania 26,43 22,161 2,66 1,177 21,277 13,777 Total 4, , ,662 93,79 66,244 6,472 Domestic Consumption North America 4,93 46, 4,776 4,973 47,18 46,368 Central America 1,34 1,41 1,462 1,373 1,21 1,21 Caribbean 1,839 2,34 1,926 1,818 1,93 1,82 South America 23,24 23,47 24,633 24,87 23,93 23,9 European Union 11,9 123,22 127,2 12,7 121,296 12,796 Other Europe, 6,78,97,,3,36 Former Soviet Union ,874 73,23 7,743 73,6 73,71 74,61 Middle East 47,38 49,188,262 1,3 49,73 49,6 North Africa 3,82 32,38 33,14 33,938 34,27 34,37 Sub-Saharan Africa 14,73 16,24 18,21 17,73 17,3 16,81 East Asia 116, ,77 113,84 113,34 112,33 112,38 South Asia 96,891 12,88 1,891 1,871 17,6 17, Southeast Asia 1,438 11,29 11,66 11,71 12,64 11,989 Oceania 6,831 6,822 7,341 8,349 7,62 6,62 Total 8,777 67,47 618, , ,14 613,44 Ending Stocks North America 21,6 22,997 2,49 19,63 1,4 13,732 Central America Caribbean South America 2,982 2,847 3,261 2,117 2,19 2,82 European Union 11,14 27,488 23,383 14,48 11,11 1,941 Other Europe 1,11 1,673 1, Former Soviet Union ,84 13,464 13,671 9,39 11,4 8,964 Middle East 13,87 12,2 13,3 12,321 9,999 9,98 North Africa 7,467 1,2 1,11 11,9 6,34 6,88 Sub-Saharan Africa 1,18 1,234 1,393 1, East Asia 4,63 41,218 37,19 37,88 4,377 39,833 South Asia 9,2 7,3 6,9 6,986 8,991 9,216 Southeast Asia 2,3 2,2 2,1 2,322 1,83 1,822 Oceania,48 6,87 9,93 3,23 3,74 1,88 Total 132,264 1,42 147, , ,364 16,972

10 23/4 24/ 2/6 26/7 Sep Oct NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

11 RICE: WORLD MARKETS AND TRADE PRICES: $/MT Nominal Rice Quotes 23 to Present International: Thai quotes are largely steady, up $2 from last month to $332 per ton, FOB. Nominal quotes out of Vietnam are at $32 per ton, FOB. Domestic: U.S. #2/4 long grain milled rice quotes are up from last month to $46 per ton, FOB. The spread between comparable qualities of Thai and U.S. rice is $124 per ton compared to $12 per ton this time last year. California medium grain #1/4 prices are up from last month at $6 per ton, FOB /3/3 11/9/4 4/2/6 Thai 1B US #2/4 Viet % 1/9/7 TRADE CHANGES FOR 28 Ind % Pak 1/2 Selected Exporters China is up 1, to 1.6 million tons in expectation that strong world prices and greater demand will draw more supplies out on world markets. is raised 2, to 3.3 million tons in anticipation of greater demand from major trading partners. Selected Importers Australia is raised 12, to a record 27, tons based on tight supplies and expectations of an extremely small harvest. TRADE CHANGES FOR 27 Selected Exporters India is down 3, to 4.2 million tons due to the announced export ban. Thailand is down 1, tons to 8. million tons due to logistical constraints at major shipping points. Grain: World Markets and Trade, October 27 11

12 Vietnam is down 1, tons to 4.6 million tons due to tight supplies and an export ban. Selected Importers China is down 1, to 6, tons as result of a slow import pace. Cuba is down 1, tons to 6, tons based on pace to date. Iraq is down 1, to 8, tons because of slow buying in the first half of the year. Grain: World Markets and Trade, October 27 12

13 World Rice Trade January/December Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina Brazil Burma, Union of Cambodia China, Peoples Republic of ,216 1,4 1, 1,6 Egypt 826 1,9 98 1, 1,1 1, Guyana India 3,172 4,687 4,37 4,2 4,1 4,1 Japan Korea, Republic of Pakistan 1,986 3,32 3,79 3,1 3,2 3,2 Thailand 1,137 7,274 7,376 8, 9, 9, Uruguay Vietnam 4,29,174 4,7 4,6 4,7 4, ,94 2,147 2,8 2,83 26,2 26,642 3,9 3,862 3,37 3,3 3,1 3,3 27,184 29,9 28,892 29,13 29,62 29,942 TY Imports Bangladesh Brazil Cameroon Canada China, Peoples Republic of 1, Cote d'ivoire Cuba ,184 1,8 1,83 1,1 1,1 1,1 Ghana Hong Kong Indonesia ,9 1,6 1,6 Iran ,21 1,2 9 9 Iraq ,36 8 1,3 1,3 Japan Korea, Democratic Malaysia Mexico Mozambique Nigeria 1,369 1,777 1,6 1,7 1,7 1,7 Philippines 1,1 1,89 1,791 1,8 1,9 1,9 Saudi Arabia 1, 1,37 1, ,1 1,1 Senegal , Singapore South Africa, Republic of Vietnam ,98 7,694 7,416 7,77 7,94 7,264 2,67 2,73 26,3 26,777 27,39 27,29 Unaccounted 1,64 2,887 1,99 1,61 1,913 2, ,184 29,9 28,892 29,13 29,62 29,942 Note about dates: 26/7 is calendar year 27, 2/6 is calendar year 26, and so on.

14 World Rice Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Milled Production Bangladesh 26,12 2,6 28,78 29,1 29,4 29,4 Brazil 8,79 8,996 7,874 7,7 7,8 7,99 Burma, Union of 1,73 9,7 1,44 1,6 1,66 1,66 Cambodia 2,96 2,63 3,78 4, 4,7 4,7 China, Peoples Republic of 112,462 12, , , 127, 127, Egypt 3,9 4,128 4,13 4,383 4,47 4,47 India 88,3 83,13 91,79 92,76 92, 92, Indonesia 3,24 34,83 34,99 33,3 34, 34, Japan 7,91 7,944 8,27 7,786 7,943 7,943 Korea, Republic of 4,41, 4,768 4,68 4,6 4, Nigeria 2,2 2,3 2,7 2,9 3, 3, Pakistan 4,848,2,47,2,3,3 Philippines 9,2 9,42 9,82 1,8 1,1 1,1 Thailand 18,11 17,36 18,2 18,2 18,4 18,4 Vietnam 22,82 22,716 22,772 22,62 22,994 22,994 28,973 29,47 3,729 3,49 3,71 3,661 38, ,64 41, , ,34 412,34 6,42 7,462 7,113 6,248 6,134 6,31 391,743 41,26 418,6 418, , ,641 Total Consumption Bangladesh 26,7 26,9 29, 29,9 29,9 29,9 Brazil 8,687 8,86 8,974 8,9 8,9 8,9 Burma, Union of 1,2 1,3 1,4 1, 1,7 1,7 Cambodia 2,72 2,78 3,8 3,7 3,77 3,77 China, Peoples Republic of 132,1 13,3 128, 127,8 129,1 129,1 Egypt 3,22 3,2 3,27 3,3 3,468 3,468 India 8,63 8,861 8,88 87,6 89,12 89,12 Indonesia 36, 3,8 3,739 3, 36,1 36,1 Iran 3,1 3,12 3,17 3,22 3,33 3,33 Japan 8,37 8,3 8,2 8,2 8,1 8,1 Korea, Republic of 4,12 4,91 4,766 4,884 4,749 4,749 Nigeria 4, 4,2 4,3 4,4 4,7 4,7 Philippines 1,2 1,4 1,722 11, 12,6 12,6 Thailand 9,47 9,48 9,44 9,87 9,6 9,6 Vietnam 18,23 17,9 18,392 18, 18,7 18,7 43,67 44,2 44,424 4,73 46,111 46,161 49,474 44, ,7 414,38 42,69 42,87 3,66 3,93 3,838 4,9 3,99 3, ,13 48,22 41,43 418, ,68 424,849 Ending Stocks China, Peoples Republic of 43,91 38,931 36,783 36,183 33,83 33,383 India 1,8 8, 1,2 11,43 1,21 1,21 Indonesia 4,18 3,448 3,27 2,87 2,37 2,37 Iran ,327 1,678 1,698 1,698 Japan 1,7 1,919 2,39 2,381 2,674 2,674 Philippines 4,47 4,72,292,627,377,377 Thailand 1,76 2,312 3,94 3,479 3,186 3,286 14,319 13,9 12,94 12,248 11,9 11,17 81,344 73,718 76,72 7,883 7,12 7, ,211 1,37 1, ,1 74,929 77,442 77,11 7,988 7,943 Note: All data are reported on a milled basis.

15 Regional Rice Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America 1,283 1,293 1,2 1,62 1,69 1,66 Central America Caribbean 1,84 1,213 1,197 1,1 1,1 1,1 South America 1, ,97 1,3 1,3 1,3 European Union 1,184 1,8 1,83 1,1 1,1 1,1 Other Europe Former Soviet Union Middle East 4,1 4,492,311 4,24 4,48 4,48 North Africa Sub-Saharan Africa 7,24 7,97 8,117 7, 7,64 7,64 East Asia 2,849 2,147 1,981 2,331 2,746 2,746 South Asia 1,22 1, , Southeast Asia 3,22 4,236 4,147,6,267,267 Oceania Total 2,44 26,122 26,983 27,42 27,739 27,884 Production North America 6,62 7,67 7,294 6,473 6,334 6,1 Central America Caribbean South America 14,667 1,346 14,244 13,871 14,42 14,6 European Union 1,741 1,88 1,741 1,688 1,64 1,64 Other Europe Former Soviet Union Middle East 2,1 2,711 2,876 3,21 3, 3, North Africa 3,941 4,169 4,176 4,424 4,448 4,448 Sub-Saharan Africa 7,314 7,78 8,63 9,47 9,19 9,19 East Asia 126,628 14,88 142,72 143, ,37 141,937 South Asia 124, , , ,3 132, 132, Southeast Asia 1,93 99,46 12,92 11,81 13,18 13,18 Oceania Total 391,743 41,26 418,6 418, , ,641 Domestic Consumption North America 4,666,6 4,946,29,1,17 Central America 976 1,2 1,26 1,1 1,34 1,34 Caribbean 1,91 1,99 1,732 1,84 1,881 1,881 South America 13,3 13,837 14,69 14,193 14,223 14,223 European Union 2,627 2,631 2,61 2,7 2,7 2,7 Other Europe Former Soviet Union ,434 1,34 1,32 1,319 1,32 1,32 Middle East 6,724 6,72 7,396 7,11 7,9 7,9 North Africa 3,491 3,2 3,3 3,66 3,734 3,734 Sub-Saharan Africa 1,33 1,624 16,228 16,63 16,686 16,686 East Asia 148,24 146, ,91 144,432 14,337 14,337 South Asia 12,48 11, ,44 12, ,74 126,79 Southeast Asia 9,71 9,39 92,493 93,9 9,386 9,386 Oceania 4 4 Total 41,17 4, ,17 417, ,3 422,6 Ending Stocks North America 94 1,38 1,29 1,449 1,66 1,41 Central America Caribbean South America 3,1 3,668 2,991 2,391 2,274 2,43 European Union 974 1,138 1,193 1, Other Europe Former Soviet Union Middle East 1,17 1,719 2,424 3,26 2,891 2,891 North Africa Sub-Saharan Africa 2,31 1,734 1,18 1,4 1,419 1,419 East Asia 46,764 41,916 4,329 39,64 37,24 36,94 South Asia 12,189 9,38 11,317 12,187 1,862 1,862 Southeast Asia 12,67 12,648 14,468 14,42 13,111 13,236 Oceania Total 82,1 74,929 77,442 77,11 7,988 7,943

16 23/4 24/ 2/6 26/7 Sep Oct NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

17 COARSE GRAINS: WORLD MARKETS AND TRADE MONTHLY HIGHLIGHTS: Coarse Grain Trade Hits Another Record: Global coarse grain trade for has been raised by over 2 million tons this month to a record 117 million. Improved prospects for the U.S. crop, diminished competition, and tight global supplies have boosted corn trade by nearly 9 million tons since the initial corn export forecast for was released in May 27. This month U.S. exports are projected up 2 million tons at a record 92 million. PRICES: Domestic: U.S average corn prices in September were $166 per ton, up over $1 from August prices while sorghum prices soared to $212 per ton due to strong demand from Europe. Early season U.S. sorghum commitments have again reached an unprecedented level of 4.1 million tons, nearly five times larger than the same time last year. Unknown sales of over 2.2 million tons are expected to be largely for shipment to the. TRADE CHANGES IN 27/28 Selected Exporters $/MT U.S. Gulf Export Bids Sep-3 Dec-3 Mar-4 Jun-4 Sep-4 Dec-4 Mar- Jun- Sep- Dec- Mar-6 Jun-6 Sep-6 Dec-6 Mar-7 Jun-7 Sep-7 Sorghum (Texas Gulf) Corn corn is up 3. million tons to 6. million, tied for second-highest ever with 1989/9. Corn is attractively priced relative to other feed grains, including feed quality wheat, and export competition remains weak. Brazil corn is boosted, tons to a record 8. million owing to large sales to the. (It is also raised a like amount to 8. million tons for 26/7.) China corn is cut in half to 1. million tons, the smallest in over a decade, because of reduced production prospects in the face of firm internal feed grain demand. (The previous year is raised by 4, tons to.2 million based on new trade data.) Australia barley is slashed 2.2 million tons to 2.3 million due to a cut in production. Oats are cut 1, tons to 7, because of limited domestic feed grain supplies. Canada barley is up 4, tons to 2.4 million, the highest in over a decade, due to reduced competition. Grain: World Markets and Trade, October 27 17

18 barley is up, tons to 4. million, the highest in 6 years, because of North African demand and diminishing Australian exportable supplies. Kazakhstan barley is boosted 4, tons to 1. million, the highest in over 1 years, because of large exportable supplies and strong regional demand. sorghum is raised by 1. million tons to 6.6 million, the highest in 1 years, due to strong demand from the for supplies of GMO-free feed. Selected Importers Brazil corn is raised by 4, tons to 7, (26/7 trade is boosted 2, tons to 1. million) because of robust exports that are partly supplied by imports of Paraguayan corn. Canada corn is boosted by 3, tons to 2. million because of its competitiveness against other feed grains, which have attractive international prices. corn is up 1. million tons to a record 9. million because of tight supplies of feed grains (imports for 26/7 are raised the same amount to 7.1 million). Production prospects for all grains are reduced by over 2 million tons this month and imports of corn from Brazil (and U.S. sorghum) are filling the deficit. China barley is down 4, tons to 1.4 million on a tight international supply picture and production cuts in Australia. Saudi Arabia barley is down 2, tons to.8 million because of overall market tightness. sorghum soars by 1. million tons to a record 3. million. Import licenses and outstanding purchases of U.S. sorghum reflect the shortage of feed grains. Mexico sorghum is cut by, tons to 2. million due to availability of U.S. corn and relatively high export prices for sorghum. TRADE CHANGES IN 26/27 Selected Exporters Argentina corn is up 7, tons to 1. million as shipments continue at a record pace. Paraguay corn is raised 3, tons to 1.8 million based on expanded trade with Brazil. (Brazil imports are raised a like amount to 8, tons.) Grain: World Markets and Trade, October 27 18

19 World Coarse Grain Trade October/September Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina 1,834 14,371 11,243 16,3 18,3 18,3 Australia 6,72 4,996,616 2,13 4,83 2,43 Brazil 6,191 1,47 2,826 8,2 8,2 8,2 Canada 3,474 3,217 4,1 3,7 4,1 4,6 China, Peoples Republic of 7,723 7,617 3,76,3 3,3 1,3 2,19,94 3,649 4,8 4,11 4,61 Kazakhstan, Republic of ,1 Paraguay ,314 1,8 1,2 1,2 Russian Federation 1,767 1,34 1,4 2,1 1,7 1,7 Ukraine 3,811 6,46 7,444 4, 4,1 4,1 4,394 4,429,2 4,3 2,49 2,9 48,288,33 46,92 3,41 2,42,2 4,78,692 61,443 8,93 63,13 67,13 12,366 11,22 18, ,34 11, 117,6 TY Imports Algeria 1,788 2,273 2,138 2, 2,2 2,2 Brazil ,96 1,4 1, Canada 2,81 2,339 2,29 2,17 1,77 2,7 Chile 1,148 1,189 1,662 1,81 1,91 1,91 China, Peoples Republic of 1,33 2,73 2,36 1,3 1,93 1,3 Colombia 2,232 2,16 3,38 3,72 3,72 3,72 Dominican Republic 824 1,31 1,68 1,2 1,3 1,3 Egypt 3,747,4 4,418 4,67 4,2 4,2 7,699 2,96 2,883 8,42 9,71 12,71 Indonesia 1, ,443 1,2 1, 1, Iran 2,18 3,849 2,887 3,6 3,3 3,3 Israel 2,12 1,7 1,88 1,9 2,1 2,1 Japan 19,982 19,79 19,767 19,68 18,88 18,88 Jordan ,234 1, 1, 9 Korea, Republic of 8,987 8,71 8,4 9,9 9,17 9,17 Libya Malaysia 2,41 2,46 2,17 2,6 2,7 2,7 Mexico 8,873 8,97 9,93 11, 13,3 12,8 Morocco 1,326 1,989 1,971 2, 2,4 2,4 Peru 1,114 1,366 1,48 1,4 1,4 1,4 Saudi Arabia 7,13 7,644 8,78 6,8 7,4 7,2 South Africa, Republic of , Syria 1,41 2,281 1,868 2,2 2,6 2, Taiwan,114 4,77 4,73 4, 4,4 4,4 Tunisia 883 1,228 1,23 1,2 1,2 1,2 1,343 1,6 11,682 11,179 9,82 9,72 97,222 98,46 12,224 18,49 11, 112,3 Unaccounted 2, ,849 1,896 2,97 2,72 2,26 2,242 2,29 2,4 2,7 2,7 12,366 11,22 18, ,34 11, 117,6

20 World Coarse Grains Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Argentina 18,96 24,92 19,223 27,38 27,473 27,473 Australia 14,861 11,41 13,666,7 11,8 9, Brazil 44,881 37,874 44,167 3,169 3,89 2,89 Canada 2,839 2,62 24,968 23,14 28,99 27,91 China, Peoples Republic of 123,93 138,22 147,696 13,6 1,4 11,4 Egypt 6,81 6,9 6,992 7, 7,4 7,4 Ethiopia 6,6 7,6 9,8 11,7 9,1 9,1 131,68 166,31 146,74 138, , ,886 India 37,42 33,6 34,4 34,16 34,91 34,91 Mexico 3,277 28,947 2,833 28,73 29,8 29,8 Nigeria 2,3 23,2 24,7 26, 27,2 27,2 Russian Federation 3, 29,6 27,6 3,2 3,1 29,6 South Africa, Republic of 1,363 12,29 7,311 7,134 1,933 1,933 Turkey 1,4 11,4 11,94 11,14 1,84 1,84 Ukraine 1,6 23, 18,14 19,17 14, 14, 113,23 11,64 116,19 123,84 119, ,797 64, , ,62 7,3 74,62 696,138 27,98 319, ,763 28,113 37,1 37,176 91,99 1,1,69 977,388 98,166 1,61,77 1,3,314 Domestic Consumption Argentina 7,47 9,8 9,373 1,123 1,473 1,473 Brazil 38,913 41,8 42,217 43,29 4,9 4,9 Canada 23,339 22,981 22,917 24,276 2,64 2,1 China, Peoples Republic of 138,61 141, ,4 12,82 18,2 17,8 Egypt 1,277 12,364 11,21 11,63 11,78 11,78 14,237 12,89 147,41 146,8 149,42 149,43 India 3,6 33,24 33,84 33,72 34,4 34,4 Japan 2,737 19,878 2,92 19,78 19,237 19,237 Korea, Republic of 9,1 9,7 8,9 9,44 9,34 9,34 Mexico 37,332 38,276 37,87 39,38 42,68 42,18 Nigeria 2,2 22,9 24,4 2,7 26,9 26,9 Russian Federation 33,2 29,4 27,7 28,6 28,87 28,87 South Africa, Republic of 9,219 1,3 8,766 9,398 9,423 9,423 Turkey 11,186 11,4 11,42 11,6 11,7 11,7 Ukraine 14, 1,2 11,99 13,37 12,6 12,6 162,64 168,13 178,26 182, , , , , ,37 766,41 778,47 777,9 22,98 24,216 24,7 242,78 282,222 27,1 94, ,18 991,4 1,9,19 1,6,269 1,2,7 Ending Stocks Brazil 8,4 4,38 3,167 4,387 6,167 4,717 Canada 4,76 6,319 6,281 3,746 3,81 4,111 China, Peoples Republic of 4,481 37,17 3,88 32,63 29,123 26,148 12,96 2,17 22,637 17,977 1,28 11,138 Iran 1,873 2,739 2,833 2,833 2,633 2,633 Mexico,767,39 3,336 3,686 3,861 3,861 Saudi Arabia 2,434 2,78 3,249 2,939 2,629 2,129 3,87 3,429 31,664 3,36 27,213 26, , ,4 18,97 98,36 8,716 81,231 28,764 8,8 4,767 36,177 46,23 4,96 14,23 177,84 163, , ,239 13,327

21 Regional Coarse Grains Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America 13,21 13,6 14,24 1,7 17,64 17,44 Central America 2,178 2,4 2,83 2,7 2,7 2,7 Caribbean 1,634 1,913 1,969 2,16 2,22 2,22 South America 6,383 6,46 8,749 9,74 8,64 8,99 European Union 7,699 2,96 2,883 8,42 9,71 12,71 Other Europe Former Soviet Union ,44 1,8 1, Middle East 16,162 17,864 17,86 17,48 17,9 17, North Africa 8,27 11,88 1,47 11,13 11,13 11,13 Sub-Saharan Africa 1,666 2,73 3,44 2,63 1,76 1,76 East Asia 3,922 3,661 3,67 34,88 34,68 34,28 South Asia Southeast Asia 4,46 3,499 4,897 4,76 4,79 4,79 Oceania Total 99,478 1,288 14,19 11, ,8 114,93 Production North America 331, , ,64 331, , ,666 Central America 3,26 2,882 2,889 3,146 3,42 3,42 Caribbean South America 72,93 72,49 73,291 92,219 92,941 92,214 European Union 131,68 166,31 146,74 138, , ,886 Other Europe 9,241 12,77 12,98 12,9 9,2 9,2 Former Soviet Union - 12,371 62,96,168 8,4 3,293 3,93 Middle East 17,61 18,47 19,31 18,346 18,26 18,26 North Africa 11,77 11,786 9,371 11,47 9,212 9,212 Sub-Saharan Africa 78,416 79,3 83,6 89,718 92,12 92,12 East Asia 126,238 14,78 1,69 1,781 17,44 13,44 South Asia 42,48 39,4 38,427 38,723 39,471 39,471 Southeast Asia 19,12 21,83 21,7 22,77 23,213 23,213 Oceania 1,472 12,26 14,313 6,42 12,42 1,12 Total 91,99 1,1,69 977,388 98,166 1,61,77 1,3,314 Domestic Consumption North America 286,629 31,473 3,79 36,441 3, ,3 Central America,7,4,,87 6,16 6,16 Caribbean 2,412 2,72 2,784 2,933 3,8 3,8 South America 6,428 6,324 67,933 71,43 73,923 74,126 European Union 14,237 12,89 147,41 146,8 149,42 149,43 Other Europe 1,761 12,139 12,264 11,783 1,47 1,47 Former Soviet Union ,72 4,636 49,7 1,13,373,273 Middle East 34,324 33,89 36,12 36,8 37,2 37,12 North Africa 18,746 21,891 2,779 21,77 21,1 21,1 Sub-Saharan Africa 77,279 8,177 8,27 91,79 9,993 9,993 East Asia 17,91 177, , ,64 193, ,71 South Asia 4,81 38,83 38,69 38,483 38,916 38,916 Southeast Asia 21,787 23,946 2,68 26,7 27,98 27,98 Oceania 7,24 7,42 7,82 6,46 7,42 7,62 Total 943,12 977, ,821 1,,679 1,6,768 1,2,993 Ending Stocks North America 38,67 7,14 64,384 43,69 4,194 62,68 Central America Caribbean South America 11,2 8,639 6,618 8,262 9,777 8,27 European Union 12,96 2,17 22,637 17,977 1,28 11,138 Other Europe 1,7 1,6 1,98 1, Former Soviet Union - 12,964 7,28,473,48 4,11 3,61 Middle East 6,368 7,994 8,188 8,134 7,6 6,49 North Africa 2,288 3,392 2,7 2,919 1,746 1,746 Sub-Saharan Africa,36,317,22 4,91 6,67 6,67 East Asia 49,77 41,19 39,69 36,42 32,74 29,76 South Asia 1,7 1, ,31 1,81 Southeast Asia 1,988 2,62 2,41 2,82 2,227 2,19 Oceania 2,331 2,387 3,31 1,123 1,22 1,12 Total 14,23 177,84 163, , ,239 13,327

22 23/4 24/ 2/6 26/7 Sep Oct NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

23 World Corn Trade October/September Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina 1,439 13,72 1,77 1, 17, 17, Brazil,818 1,431 2,826 8, 8, 8, Canada China, Peoples Republic of 7,3 7,89 3,727,2 3, 1, India 1, Paraguay ,314 1,8 1,2 1,2 Serbia 1, 2 2 South Africa, Republic of 797 1,17 1, Ukraine 1,238 2,334 2,464 1, 1, 1, 1,81 2,2 2,88 1, ,22 3,617 26,9 3,8 33,44 32,44 48,89 4,347 6,84 4, 7, 6, 79,61 7,964 82,93 89,8 9,44 92,44 TY Imports Algeria 1,76 2,14 2,61 2,4 2,2 2,2 Brazil , 3 7 Canada 2,33 2,237 1,962 2,1 1,7 2, Chile 1,43 1,81 1,87 1,7 1,8 1,8 Colombia 1,999 2,26 3,11 3, 3, 3, Costa Rica Dominican Republic 824 1,31 1,68 1,2 1,3 1,3 Egypt 3,743,398 4,397 4,6 4, 4,,89 2,469 2,634 7,1 8, 9, Guatemala Indonesia 1, ,443 1,2 1, 1, Iran 1,87 2,8 2,3 3, 2,7 2,7 Israel 1,377 1,242 1,128 1,2 1, 1, Japan 16,781 16,48 16,619 16,7 16,1 16,1 Korea, Republic of 8,778 8,633 8,483 9, 9,1 9,1 Malaysia 2,41 2,46 2,17 2,6 2,7 2,7 Mexico,739,94 6,787 8,8 1,2 1,2 Morocco 1,183 1,423 1,491 1,6 1, 1, Peru 1,41 1,31 1,467 1,3 1,3 1,3 Saudi Arabia 1,621 1,224 1,472 1,3 1,4 1,4 South Africa, Republic of Syria 941 1,781 1,26 1,7 2, 2, Taiwan 4,91 4,62 4,33 4,4 4,3 4,3 Tunisia Vietnam ,14 8,66 8,74 8,243 7,32 7,22 76,26 7,611 79,424 88,143 88,2 9,17 Unaccounted 2, ,99 1,167 2, 1, ,61 7,964 82,93 89,8 9,44 92,44

24 World Corn Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Argentina 1, 2, 1,8 22, 22, 22, Brazil 42, 3, 41,7 1, 1,, Canada 9,87 8,837 9,361 8,99 1,73 1,6 China, Peoples Republic of 11,83 13,29 139,36 14, 147, 143, Egypt,74,84,932,94,98,98 47,896 66,468 61,13,187 46,937 46,387 India 14,98 14,18 14,71 14,98 1, 1, Indonesia 6,3 7,2 6, 6,7 7, 7, Mexico 21,8 22, 19, 22, 23,2 23,2 Nigeria, 6, 7, 7,8 9, 9, Philippines 4,9,,884 6,23 6,1 6,1 Serbia 6,41 4,2 4,2 South Africa, Republic of 9,7 11,716 6,93 6,7 1, 1, Ukraine 6,8 8,8 7,1 6,4 6, 6, Vietnam 2,8 3,77 3,818 4,312 4,6 4,6 61,97 68,618 69,11 6,661 6,16 6,686 37,98 414,86 413,99 43,81 436,66 43,673 26, , , ,98 338,39 338,29 627, ,72 696,22 73, ,1 768,968 Total Consumption Argentina 4,4,2 6,2 6,7 6,7 6,7 Brazil 36,3 38, 39, 41, 42, 42, Canada 11,21 1,311 1,837 11,2 12,1 12,4 China, Peoples Republic of 128,4 131, 137, 143, 148, 148, Egypt 9,2 11,3 1,1 1, 1,7 1,7,764 63,2 61, 61,1 61, 61, India 13, 13,9 14,2 14,6 1, 1, Indonesia 7,3 7,9 7,9 7,9 8, 8, Japan 17,2 16, 16,7 16, 16,2 16,2 Korea, Republic of 8,722 8,666 8,79 9,1 9,2 9,2 Mexico 26,4 27,9 27,9 3,3 33,3 33,3 Nigeria, 6,3 6,8 7,6 8,8 8,8 Philippines 4,9,1,8 6,3 6,6 6,6 South Africa, Republic of 8,677 9,7 8,2 8,8 8,9 8,9 Ukraine,6 6,,1,2,6,6 93,11 1,793 14,14 18,169 18,673 18, , ,29 471,863 49,6 1,89 2,28 211, , ,63 23, , , , ,943 73, , , ,662 Ending Stocks Brazil 7,878 4,192 3,1 4,26,96 4,1 Canada 1,143 1,82 2,1 1,91 1,464 1,1 China, Peoples Republic of 44,82 36, 3,2 32,8 28,6 2,68 3,37 8,96 9,934 1,371 3,78 4,98 Iran 1, 1,413 1,313 1,713 1,613 1,613 Mexico 4,461 4,29 2,77 3,27 3,282 3,282 South Africa, Republic of 2,96 3,19 2, ,8 2,8 14,196 17,218 16,48 17,799 16,146 16,27 79,78 76,99 73,18 71,934 62,891 9,634 24,337 3,697 49,968 33,117 42,48,723 13,91 13, ,986 1,1 1,439 11,37

25 Regional Corn Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America 8,128 8,463 8,99 11,17 12,27 12,7 Central America 2,178 2,41 2,83 2,7 2,7 2,7 Caribbean 1,634 1,913 1,969 2,16 2,22 2,22 South America,8,738 8,144 8,89 7,91 8,26 European Union,89 2,469 2,634 7,1 8, 9, Other Europe Former Soviet Union Middle East 7,91 8,39 7,381 9,32 8,92 8,92 North Africa 7,673 1,112 9,44 9,7 9,4 9,4 Sub-Saharan Africa 1,334 2,147 2,769 1,3 1,46 1,46 East Asia 3,818 3,94 29,91 3,32 29,8 29,8 South Asia Southeast Asia 4,21 3,492 4,89 4,76 4,78 4,78 Oceania Total 76,612 7,892 79,634 88,418 88,39 9,4 Production North America 287,66 33,81 311, ,88 371, , Central America 2,874 2,2 2,82 2,82 3,99 3,99 Caribbean South America 64, 63,182 6,468 82,924 83,121 82,291 European Union 47,896 66,468 61,13,187 46,937 46,387 Other Europe 7,11 1,199 1,83 9,72 7,13 7,13 Former Soviet Union ,3 1,38 13,14 12,696 12,1 12,1 Middle East 4,,88,773,22,722,722 North Africa,942 6,42 6,134 6,142 6,182 6,182 Sub-Saharan Africa 38,138 41,12 38,41 41,934 46,7 46,7 East Asia 117, , , , , ,693 South Asia 18,77 18,797 17,83 18,1 18,62 18,62 Southeast Asia 19,24 21,33 21,44 22,437 22,943 22,943 Oceania Total 627, ,72 696,22 73, ,1 768,968 Domestic Consumption North America 249,29 262,89 27,8 272, ,128 37,77 Central America 4,73,1,19,,82,82 Caribbean 2,284 2,97 2,66 2,8 2,88 2,88 South America 2,4,883 9,99 63,1 64,69 64,89 European Union,764 63,2 61, 61,1 61, 61, Other Europe 8,32 9,474 9,76 9,2 7,87 7,87 Former Soviet Union ,9 12,76 11,78 11,8 11,69 11,69 Middle East 12,381 12,677 13,21 13,621 14,821 14,821 North Africa 13,298 1,72 14,871 1,7 16, 16, Sub-Saharan Africa 37,722 41,183 4,2 44,31 44,92 44,92 East Asia 161,3 163, ,98 174,94 179,67 179,67 South Asia 17,143 18,234 17,788 17,92 18,7 18,7 Southeast Asia 21,9 23,71 2,422 26, 27,73 27,73 Oceania Total 647, ,968 72, ,82 769,1 762,6 Ending Stocks North America 29,941 6,28 4,676 37,91 47,294,6 Central America Caribbean South America 1,139 7,6 6,41 7,1 9,63 7,6 European Union 3,37 8,96 9,934 1,371 3,78 4,98 Other Europe 77 1,24 1,267 1, Former Soviet Union ,361 2,16 1,634 1, Middle East 1,98 2,3 2,76 2,82 2,73 2,628 North Africa 8 1,61 1,314 1,46 1,88 1,88 Sub-Saharan Africa 3,861 4,487 3,789 2,966 4,691 4,691 East Asia 48,331 39,844 38,336 3,339 31,682 28,77 South Asia 88 1, Southeast Asia 1,983 2,36 2,1 2,6 2,21 2,164 Oceania Total 13,91 13, ,986 1,1 1,439 11,37

26 23/4 24/ 2/6 26/7 Sep Oct NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

27 World Barley Trade October/September Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina Australia 6,14 4,481,231 2, 4, 2,3 Canada 1,937 1,476 1,876 1, 2, 2,4 China, Peoples Republic of ,24 2,87 3,7 3, 4, Kazakhstan, Republic of , Russian Federation 1,736 1,488 1,397 2, 1,6 1,6 Serbia Syria 32 Ukraine 2,7 3,992 4,926 3, 2, 2, Uruguay ,428 16,19 17,34 14,1 1,26 14, ,812 16,966 17,391 14,6 1,76 14,96 TY Imports Brazil China, Peoples Republic of 1,19 2,49 2,217 1,3 1,8 1,4 Colombia Iran 661 1, Israel Japan 1,39 1,22 1,417 1,4 1,3 1,3 Jordan Kuwait Libya Morocco Saudi Arabia,8 6,42 7,16, 6,,8 Syria Tunisia Turkey ,7 1,346 1,14 1,71 1,22 1,22 13,883 16,299 16,644 14,71 1,17 14,37 Unaccounted ,812 16,966 17,391 14,6 1,76 14,96

28 World Barley Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Argentina 1, ,26 1,2 1,2 Australia 1,387 7,74 9,63 3,8 8, 6,2 Belarus 1,8 2, 1,8 1,3 1,6 1,6 Canada 12,164 12,7 11,678 9,73 11,8 11,8 China, Peoples Republic of 2,717 3,222 3,4 3, 3,4 3,4 Ethiopia 1,41 1,7 1,78 2,12 1,8 1,8,816 64,77 4,72 6,16 7,38 7,8 India 1,41 1,3 1,2 1,22 1,31 1,31 Iran 2,9 2,9 2,9 2,9 3, 3, Iraq Kazakhstan, Republic of 2,1 1, 1, 1,9 2, 2,3 Mexico 1, Russian Federation 18, 17,2 1,8 18,1 17, 17, Turkey 6,9 7,4 7,6 7, 6, 6, Ukraine 6,8 11,1 9, 11,3 6,2 6,2 1,997 11,716 8,73 1,42 8,88 8, , ,91 132,2 132, ,96 129,766 6,9 6,91 4,613 3,923 4,866 4, ,43 13,1 136, ,97 136, ,378 Total Consumption Australia 3, 3,4 3,4 3,6 3, 3,9 Belarus 1,7 1,9 1,97 1, 1,6 1,6 Canada 9,729 1,138 9,611 1,196 1, 9,7 China, Peoples Republic of 4,7,3, 4,8,2 4,8 Ethiopia 1,41 1,7 1,78 2,12 1,8 1,8 8,7 4,8 4,,8 4,8 4,3 India 1,4 1,3 1,2 1,22 1,31 1,31 Iran 3,1 3, 3,8 3,9 3,7 3,7 Japan 1,63 1,6 1,6 1,6 1, 1, Kazakhstan, Republic of 1,9 1, 1,4 1,374 1,4 1,3 Morocco 2,3 2,7 2,4 2, 2,1 2,1 Russian Federation 18,6 16, 1, 16,4 16,1 16,1 Saudi Arabia 7,1,41 6,1 6,31 6,31 6,61 Turkey 7,1 7,3 7,3 7,3 7,2 7,2 Ukraine 6,2 6,4 4,9 6,,7,7 12,92 14,173 14,46 14,631 14,441 14,21 142, , ,48 14,241 13, ,778 4,99,672 4,7 4,96 4,682 4, , , , 144,837 14,3 139,46 Ending Stocks Australia 1,887 1,916 2, Canada 2,12 3,43 3,289 1,492 1,212 1,242 4,22 11,3 8,2,431 4,89 4,389 Iran 818 1,326 1,2 1,12 1,2 1,2 Russian Federation 2,227 2, ,173 1, Saudi Arabia 2,399 2,672 3,213 2,93 2,93 2,93 Ukraine ,193 1, ,39 6,863,2,121 3,8 3,8 19,86 3,366 26,39 19,31 1,69 14,2 2,619 2,796 2,3 1, 1,468 1,213 22,479 33,162 28,74 2,81 17,18 1,733

29 Regional Barley Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America South America European Union Other Europe Former Soviet Union Middle East 8,112 9,619 1,7 8,6 8,81 8,41 North Africa 61 1,473 1,386 1,42 1,67 1,67 Sub-Saharan Africa East Asia 3,47 3,768 3,88 2,87 3,2 2,8 South Asia Oceania Total 14,38 16,46 16,768 14,371 1,47 14,67 Production North America 19,3 19,8 17,44 14,396 17,616 17,312 South America 2,39 2,6 1,827 2,272 2,29 2,4 European Union,816 64,77 4,72 6,16 7,38 7,8 Other Europe 1,4 1,769 1,64 1,72 1,67 1,67 Former Soviet Union ,631 33,18 29,4 33,948 28,43 28,343 Middle East 11,827 12,9 12,34 12,1 11,8 11,8 North Africa 4,79 4,719 2,212 3,88 2, 2, Sub-Saharan Africa 1,764 1,871 2,12 2,11 2,1 2,1 East Asia 3,136 3,678 3,848 3,934 3,82 3,82 South Asia 1,97 1,847 1,742 1,938 2,28 2,28 Oceania 1,76 8,12 9,963 4,2 8,4 6,6 Total 142,43 13,1 136, ,97 136, ,378 Domestic Consumption North America 1,669 16,76 1,131 1,742 1,632 1,332 South America 2,189 2,337 2,231 2,422 2,2 2,3 European Union 8,7 4,8 4,,8 4,8 4,3 Other Europe 1,6 1,81 1,761 1,773 1,67 1,67 Former Soviet Union ,6 27,7 2,189 27,17 26,113 26,13 Middle East 2, 19,782 21,1 21,14 2,81 2,91 North Africa 4,427,164 4,843,3 4,48 4,48 Sub-Saharan Africa 1,774 1,986 2,22 2,62 2,2 2,2 East Asia 6,719 7,47 7,634 6,88 7,16 6,76 South Asia 1,96 1,847 1,742 1,938 2,28 2,28 Oceania 3,4 3,8 3,8 4,7 3,97 4,37 Total 14,81 143,148 14, ,2 141,493 14,63 Ending Stocks North America 4,921 6,47,712 3,6 2,73 2,28 South America European Union 4,22 11,3 8,2,431 4,89 4,389 Other Europe Former Soviet Union ,727 4,16 3,36 3,222 2,732 2,232 Middle East 4,34,68 6,76,296 4,326 3,826 North Africa 1,442 2,291 1,13 1, Sub-Saharan Africa East Asia South Asia Oceania 1,939 1,981 2, Total 22,479 33,162 28,74 2,81 17,18 1,733 NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

30 World Sorghum Trade October/September Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina Australia Brazil China, Peoples Republic of India Nigeria South Africa, Republic of , ,21 1,14 1,4 4,84 4,41 4,961 4,4,6 6,6 6,26,366,8,61 6,74 7,64 TY Imports Chile Eritrea , ,1 1, 3, Israel Japan 1,434 1,374 1,393 1,3 1,3 1,3 Korea, Republic of Mexico 3,2 2,931 3,29 2,1 3, 2, Niger Sudan Taiwan ,17,22,341,18 6,34 7,34 Unaccounted ,26,366,8,61 6,74 7,64

31 World Sorghum Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Argentina 2,2 2,9 2,2 3,3 3,3 3,3 Australia 2,9 2,11 1,973 1, 1,9 1,9 Brazil 2,13 2,1 1,43 1, 2, 2, Burkina 1,2 1,4 1,837 1,8 1,7 1,7 China, Peoples Republic of 2,86 2,328 2,46 2,7 2,6 2,6 Egypt Ethiopia 1,7 2,1 2,8 3,32 2,8 2, India 6,68 7,24 7,63 7,4 7,6 7,6 Mexico 7,3,89,,7,4,4 Niger Nigeria 9, 1, 1, 1, 1, 1, Sudan,19 2,7 4,27,2 4, 4, Tanzania, United Republic Uganda ,349 4,11 4,176 4,279 4,331 4,331 47,841 4,94 48,49,34,22,22 1,446 11,23 9,981 7, 12,67 12,738 8,287 7,463 8,44 7,39 62,792 62,963 Total Consumption Argentina 2, 2,6 2,2 2,2 2, 2, Australia 1,4 1,7 1, ,63 1,73 Brazil 1,6 2,1 1,93 1, 1,9 1,9 Burkina 1,2 1,4 1,837 1,8 1,7 1,7 China, Peoples Republic of 3, 2,4 2, 2,64 2,63 2,63 Egypt Ethiopia 1,7 2,1 2,6 3,1 2,8 2,8 1, ,12 2,67 4,27 India 6,7 7,2 7,4 7,3 7,9 7,9 Japan 1, 1,4 1,4 1,4 1,3 1,3 Mexico 9,8 9,3 8,6 8, 8,3 7,8 Niger Nigeria 8,9 9,9 1,4 1,4 1,4 1,4 Sudan 4, 3, 4,2,,1,1 Tanzania, United Republic ,24 4,944,144,1,17,17 1,89 1,82 3,4 3,647 6,41 7,426,638 6,2 4,823 3,912 6,223,462 7,28 7,837 8,228 7,9 62,633 62,888 Ending Stocks Argentina Brazil Ethiopia India Mexico 1, Nigeria Sudan , , ,787 2,819 2,89 3,499 2,92 2, ,446 1, ,727 1,486 4,639 4,26 4,477 4,313 4,629 4,388

32 Regional Sorghum Imports, Production, Consumption, and Stocks Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Imports North America 3,2 2,932 3,29 2,1 3, 2, Central America 4 Caribbean South America European Union 1, ,1 1, 3, Other Europe Middle East North Africa 3 Sub-Saharan Africa East Asia 1,26 1,4 1,48 1,41 1,42 1,42 South Asia 4 Southeast Asia Oceania Total 6,17,226,341,18 6,34 7,34 Production North America 17,746 17,413 1,481 12,8 17,967 18,138 Central America Caribbean South America,7,777 4,83,626 6,146 6,146 European Union Other Europe Middle East North Africa Sub-Saharan Africa 21,31 2,4 23,7 2,136 23,831 23,831 East Asia 2,883 2,341 2,4 2,78 2,62 2,62 South Asia 6,918 7,426 7,86 7,63 7,83 7,83 Southeast Asia Oceania 2,9 2,11 1,973 1, 1,9 1,9 Total 8,287 7,463 8,44 7,39 62,792 62,963 Domestic Consumption North America 1,438 1, 13,423 11,912 14,23 13,262 Central America Caribbean South America 4,9,94 4,681 4,61,329,329 European Union 1, ,12 2,67 4,27 Other Europe Middle East North Africa Sub-Saharan Africa 2, 21,39 23,616 24,761 24,44 24,44 East Asia 4,63 3,886 3,984 4,1 4,7 4,7 South Asia 6,938 7,387 7,77 7,3 7,82 7,82 Southeast Asia Oceania 1,4 1,7 1, ,63 1,73 Total 7,8 7,74 8, 6,987 62,68 63,119 Ending Stocks North America 1,9 2,7 2,221 1,217 2,23 1,989 Central America Caribbean South America European Union Other Europe Middle East North Africa Sub-Saharan Africa 1, ,163 1,893 1,31 1,31 East Asia South Asia Southeast Asia Oceania Total 4,639 4,26 4,477 4,313 4,629 4,388

33 23/4 24/ 2/6 26/7 Sep Oct NOTES: Regional definitions appear on last page of this circular. Imports are reported on an international year basis. All other data are reported using marketing years.

34 World Oats Trade October/September Year, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct TY Exports Argentina 2 1 Australia Canada 984 1,374 1,74 1,8 1,8 1,9 Chile Kazakhstan, Republic of ,738 1,924 2,214 2,6 2,21 2, ,776 1,9 2,24 2,9 2,24 2,24 TY Imports Algeria Bosnia and Herzegovina 6 Canada China, Peoples Republic of Colombia Ecuador Japan Mexico Morocco 1 1 Norway South Africa, Republic of Switzerland Unaccounted ,32 1,629 1,831 1,7 1,8 1,8 1,776 1,9 2,24 2,9 2,24 2,24

35 World Oats Production, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 23/4 24/ 2/6 26/7 Sep Oct Production Algeria Argentina Australia 2,18 1,283 1,69 6 1, 1, Belarus Brazil Canada 3,377 3,467 3,283 3,82,1, Chile China, Peoples Republic of ,18 9,13 7,968 7,73 8,338 8,478 Kazakhstan, Republic of Norway Russian Federation,2 4,9 4, 4,9,, Serbia Turkey Ukraine 92 1, ,162 23,99 22,199 21,67 24,477 24,1 2,96 1,679 1,667 1,39 1,427 1,33 26,28 2,674 23,866 23,34 2,94 2,34 Total Consumption Argentina Australia 1,7 1,17 1,4 8 1,17 87 Belarus Brazil Canada 1,873 1,978 1,966 2,288 2,9 2,4 Chile China, Peoples Republic of ,636 8,719 7,868 7,647 8,242 8,48 Kazakhstan, Republic of Mexico Norway Russian Federation,6 4,9 4,6 4,9,, Serbia Turkey Ukraine 9 1, ,89 22,116 2,96 2,473 22,184 21,6 3,389 3,297 3,287 3,181 3,27 3,27 26,279 2,413 24,193 23,64 2,49 24,84 Ending Stocks Argentina Australia Canada ,14 1,276 China, Peoples Republic of Norway Russian Federation ,43 2,796 2,47 1,96 2,476 2, ,376 3,637 3,31 2,69 3,238 3,19

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 11-6 November 6 Grain: World Markets and Trade Tightening World Grain Supplies Push Prices to Decade-High Levels Global Grain Stocks

More information

Grain: World Markets and Trade

Grain: World Markets and Trade 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

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 12-1 Dec 21 Grain: World Markets and Trade Abundant Global Rice Supplies Contrast With a Tight Wheat Supply Situation Milled Rice

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 11-1 Nov 21 Grain: World Markets and Trade Global Wheat and Coarse Grain Ending Stocks Drop MMT 8 6 4 2-2 -4-6 -8 Year-to-Year

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 1-1 January 21 Grain: World Markets and Trade U.S. Wheat Exports Fall Despite Middle East Import Boom MMT 3 2 Import forecast,

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 4-7 April 7 Grain: World Markets and Trade MMT 6 World Rye Trade Dwindles EU Rye Intervention Ending Stocks MMT 2. World Trade

More information

Grain: World Markets and Trade

Grain: World Markets and Trade 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 14 12 Exports Market Share

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 7-1 July 21 Grain: World Markets and Trade Exporter Wheat Ending Stocks Shrink MMT 8 6 4 2 /1 1/2 2/3 3/4 4/ /6 6/7 7/8 8/9 9/1

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 1-6 January 26 Grain: World Markets and Trade Larger Harvests Boost Australian Grain Exports MMT 4 Total Grain Production

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 9-4 September 24 Grain: World Markets and Trade China To Be Net Grain Importer, As Supplies Continue To Fall Million

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 6-2 June 22 Grain: World Markets and Trade Corn Competition Continues to Contract 2/1 21/2 22/3 U.S. S. America China

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Circular Series FG 9-5 September Grain: World Markets and Trade Rice: Shake-up in Medium Grain Market Share MMT 2 1.8 1.6 1.4 1.2 1.8.6.4.2 TMT 3

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 4-3 April 23 Grain: World Markets and Trade New Suppliers Displace EU in Shrinking World Flour Trade 12 1 MMT 8 6

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service February 2017 Grain: World Markets and Trade Stiff Competition Among Rice Exporters as Global Trade Expands Milled Rice Exports Global Rice Trade

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 8-3 August 23 Grain: World Markets and Trade The Heat is On: Drought Shifts EU Feeding and Exports MMT 2 15 1 5-5

More information

Indian Soybean Meal Exports Unlikely to Recover in 2015/16

Indian Soybean Meal Exports Unlikely to Recover in 2015/16 United States Department of Agriculture Foreign Agricultural Service November 2015 Indian Soybean Meal Exports Unlikely to Recover in Though once a significant regional exporter of soybean meal, India

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 2-4 February 24 Grain: World Markets and Trade Rice: Thailand Gets Larger Slice of Smaller Pie 27.3 MMT 24.7 MMT

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG12-01 December 2001 Grain: World Markets and Trade EU Changes Impact Global Wheat Markets Million Metric Tons Wheat

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade February 2018 Strengthens its Importance in Global Rice Trade 6 4 MMT 3 2 1 0 Imports Exports For several years, has

More information

Weak Real to Boost Brazil s Soybean Exports in 2016

Weak Real to Boost Brazil s Soybean Exports in 2016 United States Department of Agriculture Foreign Agricultural Service October 2015 Weak Real to Boost Brazil s Soybean Exports in 2016 Brazil s exchange rate is having a significant impact on domestic and

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG04-02 April 2002 Grain: World Markets and Trade Indian Wheat & Rice Exports & Stocks Soar Million Metric Tons Exports

More information

Soybean Trade Growth: A Story of Brazil, the United States, and China

Soybean Trade Growth: A Story of Brazil, the United States, and China United States Department of Agriculture Foreign Agricultural Service October 2017 Soybean Trade Growth: A Story of Brazil, the United States, and China 12-Month Soybean Export Growth Year Ending September

More information

Grain: World Markets and Trade

Grain: World Markets and Trade MMT Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade December 2017 Indonesia: Strong Wheat Imports Displace Other Grains Indonesia s drive for self-sufficiency is resulting

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade Circular Series FG 04-01 April 2001 Argentina Increases Wheat Production, Exports Move into New Markets

More information

Drought in South America to Limit Soybean Exports

Drought in South America to Limit Soybean Exports United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 2-09 ruary 2009 Drought in South America to Limit Soybean Exports Million Tons 16 14 12 10 8 6 4 2 Annual Change

More information

Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand

Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 6-09 e 2009 Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand Soybean Oil Exports and Industrial

More information

Share of Brazil s Soybean Exports to China Spikes in August

Share of Brazil s Soybean Exports to China Spikes in August United States Department of Agriculture Foreign Agricultural Service September 2018 Share of Brazil s Soybean Exports to China Spikes in August Monthly Share of Brazil's Soybean Exports to China 85% 75%

More information

2016/17 Global Olive Oil Production Down But Prices Stabilize

2016/17 Global Olive Oil Production Down But Prices Stabilize United States Department of Agriculture Foreign Agricultural Service November 2016 Global Olive Oil Down But Prices Stabilize Global Olive Oil and Stocks 4000 3500 5000 Extra Virgin Olive Oil Prices Stabilizing

More information

Coconut Oil Prices Spike

Coconut Oil Prices Spike United States Department of Agriculture Foreign Agricultural Service Coconut Oil Prices Spike Coconut oil prices have surged over the past year in contrast to the general downward trend in other vegetable

More information

Palm and Soy Oil Use Expands at Expense of Other Oils

Palm and Soy Oil Use Expands at Expense of Other Oils United States Department of Agriculture Foreign Agricultural Service September 2015 Revised on September 15, 2015 Palm and Soy Oil Use Expands at Expense of Other Oils As global demand for vegetable oil

More information

Soybean and Oilseed Meal Import Prospects Higher as Severe Weather Damages EU Crops

Soybean and Oilseed Meal Import Prospects Higher as Severe Weather Damages EU Crops Million Tons Million Tons Million Tons United States Department of Agriculture Foreign Agricultural Service August 2018 Soybean and Oilseed Meal Import Prospects Higher as Severe Weather Damages EU Crops

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 3-5 March Grain: World Markets and Trade 8 6 4 2 Argentine Corn Exports to Reach Record World Corn Market Share 1999/

More information

Early-Season U.S. Soybean Meal Sales Surge

Early-Season U.S. Soybean Meal Sales Surge United States Department of Agriculture Foreign Agricultural Service November 2014 Early-Season U.S. Soybean Meal Sales Surge U.S. soybean meal export commitments (accumulated exports plus outstanding

More information

India Soybean Meal Exports: Revised and Rebounding

India Soybean Meal Exports: Revised and Rebounding United States Department of Agriculture Foreign Agricultural Service January 2017 India Soybean Meal Exports: Revised and Rebounding India Soybean Meal Exports Forecast to Rise in 8.0 Data Series Comparison

More information

Growing Soybean Oil Price Raises Oil s Contribution to Total Soybean Value

Growing Soybean Oil Price Raises Oil s Contribution to Total Soybean Value United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-07 October 2007 Growing Soybean Oil Price Raises Oil s Contribution to Total Soybean Value Relative Share Value:

More information

Pakistan Oilseed Processors Seize Opportunity to Crush Soybeans

Pakistan Oilseed Processors Seize Opportunity to Crush Soybeans United States Department of Agriculture Foreign Agricultural Service December 2015 Pakistan Oilseed Processors Seize Opportunity to Crush Soybeans Pakistan, long an importer of soybean meal, is transitioning

More information

Argentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall

Argentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 08-13 Argentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall Argentina s soybean oil exports have surged

More information

U.S. Soybean Exports Forecast to Reach Record

U.S. Soybean Exports Forecast to Reach Record United States Department of Agriculture Foreign Agricultural Service July 2017 U.S. Soybean Exports Forecast to Reach Record 60 Accumulated Exports by Week Total Commitments of Soybeans as of End of June

More information

China s Global Peanut Export Share Declines

China s Global Peanut Export Share Declines United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 07-13 China s Global Peanut Export Share Declines U.S. 10% Others 19% Argentina 17% U.S. 11% Others 16% Argentina

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 11-3 November 23 Grain: World Markets and Trade U.S. Corn Exports Make A Comeback 6 5 Corn Exports 23/4 Forecast

More information

U.S. Soybean Prices Fall as Buyers Focus Turns to South America

U.S. Soybean Prices Fall as Buyers Focus Turns to South America United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 2-10 ruary 2010 U.S. Soybean Prices Fall as Buyers Focus Turns to South America $11.00 Daily U.S. Soybean Cash Price

More information

Devaluation Energizes Argentine Soybean Crush

Devaluation Energizes Argentine Soybean Crush United States Department of Agriculture Foreign Agricultural Service March 2016 Devaluation Energizes Argentine Soybean Crush Argentina Quarterly Soybean Crush Volume Exchange Rate* and Constant Dollar

More information

Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports

Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports United States Department of Agriculture Foreign Agricultural Service December 2018 Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports Oct. 1 - Nov. 30 Brazil Soybean Exports (Million

More information

IGC GRAINS CONFERENCE 2012: London - 7 June for futher details see INTERNATIONAL GRAINS COUNCIL GRAIN MARKET REPORT EXPORT PRICES

IGC GRAINS CONFERENCE 2012: London - 7 June for futher details see  INTERNATIONAL GRAINS COUNCIL GRAIN MARKET REPORT EXPORT PRICES IGC GRAINS CONFERENCE 2012: London - 7 June for futher details see www.igc.int INTERNATIONAL GRAINS COUNCIL GRAIN MARKET REPORT www.igc.int GMR No. 422 24 May 2012 WORLD ESTIMATES million tons 08/09 09/10

More information

Soybean Oil Prices Diverge on Different Supply Situations

Soybean Oil Prices Diverge on Different Supply Situations United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-09 October 2009 Soybean Oil Prices Diverge on Different Supply Situations Soybean Oil Price ($/ton) $900 $850

More information

As China s Soybean Oil Imports Fall, Production Expands

As China s Soybean Oil Imports Fall, Production Expands United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-10 October 2010 As China s Soybean Oil Fall, Expands 12 10 Million Metric Tons 8 6 4 2 0 2006/07 2007/08 China

More information

China s Rapeseed Meal Imports Rise as Seed Imports Decline

China s Rapeseed Meal Imports Rise as Seed Imports Decline United States Department of Agriculture Foreign Agricultural Service February 2017 China s Rapeseed Meal Rise as Seed Decline Trend in China Rapeseed 12-Month Moving Totals Trend In China Rapeseed Meal

More information

Grain: World Markets and Trade

Grain: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series FG 4-4 April 24 Grain: World Markets and Trade Asian Corn Markets Scramble As China Retreats TMT U.S. Sales to Asia

More information

China Soybean Imports Stagnant Despite Record Consumption as Production Rebounds

China Soybean Imports Stagnant Despite Record Consumption as Production Rebounds United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 9-08 tember 2008 China Soybean Stagnant Despite Record Consumption as Rebounds Million Tons 60 50 40 30 20 10 0

More information

Sharp Decline in Vegetable Oil Stocks Leads to Steeply Higher Prices

Sharp Decline in Vegetable Oil Stocks Leads to Steeply Higher Prices United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 1-11 Sharp Decline in Vegetable Oil Leads to Steeply Higher Prices Commodity prices have been on an upward trend

More information

Growing Fuel Use Limits Exports of Soybean Oil by South America

Growing Fuel Use Limits Exports of Soybean Oil by South America United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 11-09 ember 2009 Growing Fuel Use Limits of Soybean Oil by South America 2006/07 Soybean Oil Distribution Soybean

More information

China Tariffs Driving U.S. Soybean Exports To the European Union to a 30-Year High

China Tariffs Driving U.S. Soybean Exports To the European Union to a 30-Year High United States Department of Agriculture Foreign Agricultural Service March 2019 China Tariffs Driving U.S. Soybean Exports To the European Union to a 30-Year High 12-MONTH MOVING TOTAL U.S. SOYBEAN EXPORTS

More information

Explosive Growth in Vegetable Oil Demand Exacerbates Chinese Supply Deficit, Reliance on Imports. Imports

Explosive Growth in Vegetable Oil Demand Exacerbates Chinese Supply Deficit, Reliance on Imports. Imports United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 12-07 ember 2007 Million tons 35 Explosive Growth in Vegetable Oil Demand Exacerbates Chinese Supply Deficit, Reliance

More information

Rising Coconut Oil Prices Foreshadow Tight Supplies in 2007

Rising Coconut Oil Prices Foreshadow Tight Supplies in 2007 United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 2-07 ruary 2007 Rising Coconut Oil Prices Foreshadow Tight Supplies in 2007 800 Coconut Oil Price: CIF Rotterdam

More information

Grain: World Markets and Trade

Grain: World Markets and Trade Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade April 2018 Sub-Saharan Africa Drives Growth in Global Wheat Imports MMT 4 3 2 1 0-1 -2-3 -4 Projected Year-Over-Year

More information

China is Key to Slow Pace of U.S. Soybean Exports

China is Key to Slow Pace of U.S. Soybean Exports United States Department of Agriculture Foreign Agricultural Service January 2018 China is Key to Slow Pace of U.S. Soybean Exports U.S. and Brazil Soybean Exports by Destination (Accumulated Exports:

More information

Regional Vegetable Oil Situation: Cut in Sun Oil Production, Imports Leaves North Africa & the Middle East Looking for Soy & Palm Oil to Fill Demand

Regional Vegetable Oil Situation: Cut in Sun Oil Production, Imports Leaves North Africa & the Middle East Looking for Soy & Palm Oil to Fill Demand United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 09-07 tember 2007 Regional Vegetable Oil Situation: Cut in Sun Oil, Leaves North Africa & the Middle East Looking

More information

World Wheat Supply and Demand Situation

World Wheat Supply and Demand Situation World Wheat Supply and Demand Situation September 218 Major data source: USDA World Agricultural Supply and Demand Estimates released September 12, 218. Projections will change over the course of the year

More information

World Wheat Supply and Demand Situation October 2018

World Wheat Supply and Demand Situation October 2018 World Wheat Supply and Demand Situation October 218 Major data source: USDA World Agricultural Supply and Demand Estimates released October 12, 218. Projections will change over the course of the year

More information

Record U.S. Peanut Exports on Strong Shipments to China and Vietnam

Record U.S. Peanut Exports on Strong Shipments to China and Vietnam United States Department of Agriculture Foreign Agricultural Service September 2016 Record U.S. Peanut Exports on Strong Shipments to China and Vietnam Thousand Metric Tons 800 700 600 500 400 300 200

More information

Drought Forecast to Reduce Australian Rapeseed Exports in 2007

Drought Forecast to Reduce Australian Rapeseed Exports in 2007 United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 11-06 November 2006 Drought Forecast to Reduce Australian Rapeseed Exports in 2007 1800 1600 1400 1200 1000 800

More information

U.S. Soybeans Facing Stiff Competition from Brazil. Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate

U.S. Soybeans Facing Stiff Competition from Brazil. Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate United States Department of Agriculture Foreign Agricultural Service June, 2018 U.S. Soybeans Facing Stiff Competition from Brazil Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate FOB

More information

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years , trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years Table Notes The Reserves / ratio refers to crude oil and natural gas liquids.

More information

World Wheat Supply and Demand Situation

World Wheat Supply and Demand Situation World Wheat Supply and Demand Situation November 218 Major data source: USDA World Agricultural Supply and Demand Estimates released November, 218. Projections will change over the course of the year depending

More information

Table 23 Production of minor oil products from refineries - by type Thousand metric tons

Table 23 Production of minor oil products from refineries - by type Thousand metric tons Table 23 Production of minor oil from refineries - by type Table Notes Data refer to production from refineries of refinery, ethane, naphtha, lubricants, bitumen, paraffin, petroleum, white spirit, and

More information

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years Million metric tons Million metric tons Table 13, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years Table Notes The Reserves

More information

World Wheat Supply and Demand Situation December 2018

World Wheat Supply and Demand Situation December 2018 World Wheat Supply and Demand Situation December 218 Major data source: USDA World Agricultural Supply and Demand Estimates released December 11, 218. Projections will change over the course of the year

More information

Imports of seed for sowing by country Calendar year 2011 Source: ISF compilation based on official statistics and international seed trade reports

Imports of seed for sowing by country Calendar year 2011 Source: ISF compilation based on official statistics and international seed trade reports USA 157,432 15,562 464 173,458 523 318 67 908 Germany 195,159 5,913 520 201,592 595 97 22 714 France 125,701 4,389 277 130,367 522 150 11 683 Netherlands 140,899 12,253 796 153,948 250 330 48 628 Italy

More information

Cotton This Month. Major Changes in Supply and Demand Estimates and Projections

Cotton This Month. Major Changes in Supply and Demand Estimates and Projections 1629 K Street NW, Suite 702 Washington, DC 20006, USA Cotton This Month February 1, 2018 Major Changes in Supply and Demand Estimates and Projections India Mexico Pakistan United States 2017/18 production

More information

World Wheat Supply and Demand Situation August 2018

World Wheat Supply and Demand Situation August 2018 World Wheat Supply and Demand Situation August 218 Major data source: USDA World Agricultural Supply and Demand Estimates released August 1, 218. Projections will change over the course of the year depending

More information

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years

Table 13 Production, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years Table 13, trade and supply of conventional crude oil Thousand metric tons; kilograms per capita; reserves production ratio (R/P) in years Table Notes The Reserves / ratio refers to crude oil and natural

More information

( ) Page: 1/90

( ) Page: 1/90 5 February 2016 (16-0803) Page: 1/90 Committee on Agriculture MEMBERS' PARTICIPATION IN THE NORMAL GROWTH OF WORLD TRADE IN AGRICULTURAL PRODUCTS - ARTICLE 18.5 OF THE AGREEMENT ON AGRICULTURE NOTE BY

More information

Soybean Prices Fall on Rising South American Production

Soybean Prices Fall on Rising South American Production United States Department of Agriculture Foreign Agricultural Service April 2017 Soybean Prices Fall on Rising South American Production Million Tons Change in South America Soybean Production Forecast

More information

Cotton This Month. Major Changes in Supply and Demand Estimates and Projections

Cotton This Month. Major Changes in Supply and Demand Estimates and Projections 1629 K Street NW, Suite 702 Washington, DC 20006, USA Cotton This Month March 1, 2018 Major Changes in Supply and Demand Estimates and Projections Brazil China Turkey United States 2017/18: production

More information

China 2017/18 Soybean Imports Soar on Appetite for Pork, Aquaculture, and Dairy

China 2017/18 Soybean Imports Soar on Appetite for Pork, Aquaculture, and Dairy United States Department of Agriculture Foreign Agricultural Service June 2017 China Soybean Soar on Appetite for Pork, Aquaculture, and Dairy China: Booming Farmed Aquaculture Production China: Record

More information

Bangladesh: A Growing Market for U.S. Soybeans

Bangladesh: A Growing Market for U.S. Soybeans United States Department of Agriculture Foreign Agricultural Service December 2017 Bangladesh: A Growing Market for U.S. Soybeans 100% 310 3 Meal Equivalent Share 90% 80% 70% 60% 50% 40% 30% 20% 10% Animal

More information

EU Dairy Exports to Third countries

EU Dairy Exports to Third countries Milk Market Observatory TRA.EU.Extr Latest update : 12.6.218 Source : Eurostat (COMEXT) EU Dairy Exports to Third countries (January-April) 16 14 12 1 8 6 4 2 BUTTER exports 1 Tonnes 162 135 137 12 94

More information

Table 16 Refinery distillation capacity, throughput and output Thousand metric tons

Table 16 Refinery distillation capacity, throughput and output Thousand metric tons Million metric tons Table 16 Refinery distillation capacity, throughput and output Table Notes Output is equal to the sum of production from refineries for aviation gasoline, bitumen, gas/diesel oil, ethane,

More information

Production of minor oil products from refineries - by type Thousand metric tons

Production of minor oil products from refineries - by type Thousand metric tons Production of minor oil from refineries - by type Table 23 Table Notes Data refer to production from refineries of refinery, ethane, naphtha, lubricants, bitumen, paraffin, petroleum, white spirit, and

More information

U.S. Soybean Export Forecast Declines This Month by 1.4 MMT South American Export Forecast Increases

U.S. Soybean Export Forecast Declines This Month by 1.4 MMT South American Export Forecast Increases United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 12-05 December 2005 U.S. Soybean Export Forecast Declines This Month by 1.4 MMT South American Export Forecast Increases

More information

35,000 52,000 87,000 1,600 8, ,400 76,600. Mean Crop. Monthly YTD Min ,671 8,211 Max. 2017

35,000 52,000 87,000 1,600 8, ,400 76,600. Mean Crop. Monthly YTD Min ,671 8,211 Max. 2017 YTD Inventory / Shipment Report In Shell Basis Crop: 2018 Monthly Market Prices FCA Hamburg Iranian Dried In Shell 28/30 Fandoghi Pistachios Total Consumption Ending Inventory 2nd Marketing Month YTD Carry

More information

KINGDOM OF CAMBODIA NATION RELIGION KING 3

KINGDOM OF CAMBODIA NATION RELIGION KING 3 KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT October 2018 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara,

More information

KINGDOM OF CAMBODIA NATION RELIGION KING 3

KINGDOM OF CAMBODIA NATION RELIGION KING 3 KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT September 2018 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara,

More information

EU-25 Soybean Crush Forecast to Decline in 2005/06

EU-25 Soybean Crush Forecast to Decline in 2005/06 United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 3-06 March 2006 EU-25 Soybean Crush Forecast to Decline in 2005/06 EU-25 Soybean Crush 20 19 18 17 Million tons

More information

2014/ /2015 Ghana / /2015 Syrian Arab Republic / /2015

2014/ /2015 Ghana / /2015 Syrian Arab Republic / /2015 Exhibit C: international cotton trade data Source: International Cotton Advisory Committee, ICAC World Cotton Database, available at www.icac.org, last checked 1 April 2016. International Cotton Advisory

More information

LPI ranking and scores, 2014

LPI ranking and scores, 2014 ing and scores, 2014 Germany 1 4.12 100.0 Netherlands 2 4.05 97.6 Belgium 3 4.04 97.5 United Kingdom 4 4.01 96.6 Singapore 5 4.00 96.2 Sweden 6 3.96 94.9 Norway 7 3.96 94.8 Luxembourg 8 3.95 94.4 United

More information

2017/18 Olive Oil Export Forecast Rises with Slight Growth in Production

2017/18 Olive Oil Export Forecast Rises with Slight Growth in Production United States Department of Agriculture Foreign Agricultural Service November 2017 Olive Oil Export Forecast Rises with Slight Growth in Production Million Metric Tons 3.4 3.2 3.0 2.8 2.6 Olive Oil Prices

More information

Table 16 Refinery distillation capacity, throughput and output Thousand metric tons

Table 16 Refinery distillation capacity, throughput and output Thousand metric tons Table 16 Refinery distillation capacity, throughput and output Table Notes Output is equal to the sum of production from refineries for aviation gasoline, bitumen, gas/diesel oil, ethane, feedstocks, gasoline-type

More information

Corn & Bean Producers-1

Corn & Bean Producers-1 Largest Corn Producing Countries - 2016 est. Largest Corn Importing Countries - 2016 est. (Marketing year - thousands of hectares, tons per hectare, and thousands of metric tons) (Marketing year - thousands

More information

Major Changes in Supply and Demand Estimates and Projections

Major Changes in Supply and Demand Estimates and Projections INTERNATIONAL COTTON ADVISORY COMMITTEE 1629 K Street NW, Suite 702, Washington, DC 20006 USA Telephone (202) 463-6660 Fax (202) 463-6950 email secretariat@icac.org COTTON THIS MONTH February 1, 2016 Major

More information

Citrus: World Markets and Trade

Citrus: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service y 2018 Citrus: World Markets and Trade Oranges Global orange production for is forecast to tumble 6.0 million metric tons (tons) from

More information

Primary energy. 8 Consumption 9 Consumption by fuel. 67 th edition

Primary energy. 8 Consumption 9 Consumption by fuel. 67 th edition Primary energy 8 Consumption 9 Consumption by fuel 67 th edition Primary energy Consumption* Growth rate per annum Million tonnes oil equivalent 27 28 29 2 211 212 213 214 215 216 217 217 26-16 Share 217

More information

Table 5 Production, trade and supply of hard coal Thousand metric tons and kilograms per capita

Table 5 Production, trade and supply of hard coal Thousand metric tons and kilograms per capita Table Notes Production includes production from other sources as defined in the previous table. Data for China include brown coal. Please refer to the Definitions Section on pages ix to xv for the appropriate

More information

19,000 38,500. Mean Crop. 5, ,827 Max , ,869 Last Year 6, ,

19,000 38,500. Mean Crop. 5, ,827 Max , ,869 Last Year 6, , YTD Inventory / Shipment Report In Shell Basis Crop: 2017 Monthly Market Prices FCA Hamburg Iranian Dried In Shell 28/30 Fandoghi Pistachios 10th Marketing Month YTD Carry in from previous year 3,000 Total

More information

Major Changes in Supply and Demand Estimates and Projections

Major Changes in Supply and Demand Estimates and Projections INTERNATIONAL COTTON ADVISORY COMMITTEE 1629 K Street NW, Suite 702, Washington, DC 20006 USA Telephone (202) 463-6660 Fax (202) 463-6950 email secretariat@icac.org COTTON THIS MONTH April 1, 2016 Major

More information

Table 5 Production, trade and supply of hard coal Thousand metric tons and kilograms per capita

Table 5 Production, trade and supply of hard coal Thousand metric tons and kilograms per capita Table Notes Production includes production from other sources as defined in the previous table. Data for China include brown coal. Please refer to the Definitions Section on pages ix to xv for the appropriate

More information

Summary of debt securities outstanding

Summary of debt securities outstanding Summary of debt securities outstanding All countries........................ 22,695 15,852 6,665 3,427 1,762 Developed countries........................ 16,504 13,087 5,869 2,716 701 Austria 510 173 44

More information

Citrus: World Markets and Trade

Citrus: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service July 2015 Citrus: World Markets and Trade Oranges Global orange production for is estimated to decline 7 percent from the previous year

More information

KINGDOM OF CAMBODIA NATION RELIGION KING 3

KINGDOM OF CAMBODIA NATION RELIGION KING 3 KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT March 2018 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara, Phnom

More information

KINGDOM OF CAMBODIA NATION RELIGION KING 3

KINGDOM OF CAMBODIA NATION RELIGION KING 3 KINGDOM OF CAMBODIA NATION RELIGION KING 3 TOURISM STATISTICS REPORT December 2015 MINISTRY OF TOURISM Statistics and Tourism Information Department No. A3, Street 169, Sangkat Veal Vong, Khan 7 Makara,

More information