World Wheat Supply and Demand Situation March 2018
|
|
- Daniela Miller
- 6 years ago
- Views:
Transcription
1 World Wheat Supply and Demand Situation March 218 Major data source: USDA World Agricultural Supply and Demand Estimates released March 8, 218. Projections will change over the course of the year depending on weather and other developments.
2 Highlights of USDA s 217/18 Supply and Demand Estimates /18 global wheat production to reach a new record of 759 Global supplies estimate to grow to 8.28 ; up 1% from the 216/17 and a new record Wheat production in Argentina to fell to 18., 2% below 216/17 U.S. wheat production estimated at 47.4, 19% below the 5-year average 2. Consumption forecast at a record 743, 5% above the 5-year average Chinese domestic consumption to total 117, 1% below the 5-year average, if realized U.S. domestic consumption to slip 4% year over year to 3.4 due to lower wheat feeding and seed usage 3. World wheat trade projected at 182, down 1% from 216/17, but 1% above the 5-year average Russian exports to rise to 37.5, 35% above 216/17 and 7% above the 5-year average Exports from the EU to fall 8% year over year to 25. U.S. 217/18 exports to decrease to 25.2, down 12% from 216/17
3 Highlights of USDA s 217/18 Supply and Demand Estimates 4. World beginning stocks estimated at record 253, up 5% year over year Beginning stocks in India totaled 9.8, 48% below the 5-year average U.S. beginning stocks rose to an estimated 32.1, 21% above 216/17 levels 5. Global ending stocks projected at record 269, 6% higher than 216/17, if realized Estimated Chinese ending stocks of 127 account for 47% of global ending stocks, 57% greater than the 5-year average Exporter ending stocks forecast at 71.2, up 1% compared to 216/17 Ending stocks in importing countries to fall to 65.7, 7% below the 5-year average of U.S. farm gate average price forecast 2% higher in 217/18 Projected average range: $4.6 to $4.7/bushel ($169-$173/MT)* *Average U.S. farm gate price, marketing year weighted average
4 World Production and Use Production Use
5 Supplies in Top Exporting Countries* Beginning Stocks Production *Includes U.S., Canada, Australia, Argentina, EU-27, Russia, Ukraine and Kazakhstan
6 World Wheat Supply and Demand 15/16 16/17 17/18 SUPPLY: Beginning Stocks Production Supply Total TRADE: Exports/Imports DEMAND Food & Seed Feed & Residual Use Total ENDING STOCKS:
7 World Beginning Stocks /4 5/6 7/8 9/1 11/12 13/14 15/16 17/18 Historical Five Major Exporters Black Sea Others China Historical Five Major Exporters include U.S., Canada, Australia, Argentina and EU-27. Black Sea includes Russia, Ukraine and Kazakhstan.
8 Global Stocks*-to-Use Ratio Percent /4 5/6 7/8 9/1 11/12 13/14 15/16 17/18 *Ending stocks
9 Global Stocks*-to-Use Ratio w/o China Percent /4 5/6 7/8 9/1 11/12 13/14 15/16 17/18 *Ending stocks
10 World Ending Stocks /8 9/1 11/12 13/14 15/16 17/18 Historical 5 Majors Black Sea Others China Historical Five Major Exporters include U.S., Canada, Australia, Argentina and EU-27. Black Sea includes Russia, Ukraine and Kazakhstan.
11 World Ending Stocks by Position (million metric tons) China 127 Exporters 76.4 Importers 65.7
12 Global Ending Stocks and Price $US/MT /9 93/94 97/98 1/2 5/6 9/1 13/14 17/18 Historical 5 Majors Black Sea Rest of World HRW price
13 Major Exporters Import Demand U.S. Situation by Class Outlook
14 Canada Situation /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use
15 Canada Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
16 Australia Situation /7 7/8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use
17 Australia Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
18 Argentina Situation /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use
19 Argentina Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
20 EU-27 Situation /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use
21 EU-27 Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
22 Russia Situation /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use
23 Russia Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
24 Black Sea Region Situation /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports Domestic use Russia, Ukraine and Kazakhstan are the most important wheat producers in the Black Sea Region.
25 Black Sea Exports /8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Russia Ukraine Kazakhstan
26 Black Sea Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
27 U.S. Situation /8 9/1 11/12 13/14 15/16 17/18 Beginning stocks Production Imports Exports Domestic Use
28 U.S. Ending Stocks /8 9/1 11/12 13/14 15/16 17/18
29 Major Exporters Import Demand U.S. Situation by Class Outlook
30 Major World Wheat Importers (from all origins) /18 216/17
31 Top 1 Customers for U.S. Wheat 5-year average
32 Top 1 Customers for U.S. Wheat Year-to-date /18 216/17 Source: USDA FAS export sales report March 1, 218.
33 3.5 Top 1 Customers for U.S. Wheat 216/17 vs. 215/ /17 215/16 Source: USDA FAS 216/17 Marketing Year Final export sales report May 31, 217.
34 World Wheat Imports /9 93/94 97/98 1/2 5/6 9/1 13/14 17/18 "Other" China FSU EU-28 Trend in other importers denoted ( )
35 Major Exporters Import Demand U.S. Situation by Class Outlook
36 U.S. Wheat Plantings by Class Million Acres /9 29/1 21/11 211/12 212/13 213/14 214/15 215/16 216/17 217/18 218/19* HRW SRW White Spring & Durum *Source: USDA Agricultural Outlook Forum, February 23, 217
37 U.S. Hard Red Winter /13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports
38 U.S. Hard Red Spring /13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports
39 U.S. Soft Red Winter /13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports
40 U.S. White /13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports
41 U.S. Durum /13 13/14 14/15 15/16 16/17 17/18 Beginning stocks Production Imports Exports
42 U.S. Wheat Sales by Class (year-to-date) HRW HRS White SRW Durum 217/18 216/17 Source: USDA FAS export sales report February 8, 218.
43 U.S. Wheat Ending Stocks by Class HRW HRS SRW White Durum 12/13 13/14 14/15 15/16 16/17 17/18
44 U.S. Wheat Supply and Demand HRW HRS SRW 16/17 17/18 16/17 17/18 16/17 17/18 Beginning Stocks Production Imports Supply Total Domestic Use Exports Use Total Ending Stocks Stocks-to-Use 62% 61% 41% 36% 67% 76%
45 U.S. Wheat Supply and Demand White Durum Total 16/17 17/18 16/17 17/18 16/17 17/18 Beginning Stocks Production Imports Supply Total Domestic Use Exports Use Total Ending Stocks Stocks-to-Use 4% 26% 29% 34% 53% 51%
46 U.S. FOB Gulf Prices 35 3 $/Metric Ton HRW ords HRS 14% SRW
47 U.S. FOB PNW Prices 4 35 $/Metric Ton HRW 11.5% HRS 14% SW
48 SRW and Soft White Prices $/Metric Ton SW SRW
49 U.S. Gulf Basis Prices 2 15 $/Metric Ton Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 HRS 13.5 HRW 12 SRW
50 U.S. PNW Basis Prices 25 2 $/Metric Ton Mar-14 Mar-15 Mar-16 Mar-17 HRS 14 HRW 12
51 Major Exporters Import Demand U.S. Situation by Class Outlook
52 U.S. Wheat Area and Production Production () and Harvested Area (mh) MT/hectares 15 97/98 99/ 1/2 3/4 5/6 7/8 9/1 11/12 13/14 15/16 17/18 Harvested Area Production Yield 2.
53 U.S. Crop Planted Area Comparison Million Hectares /96 97/98 99/ 1/2 3/4 5/6 7/8 9/1 11/12 13/14 15/16 17/18 Wheat Corn Soybeans *Source: USDA Acreage Report June 3, 217
54 World Wheat Production, Use and Trade Production and Use () Trade () /7 7/8 8/9 9/1 1/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 Production Use Trade 1
55 World Corn Production, Use and Trade Production and Use () Trade () /8 9/1 11/12 13/14 15/16 17/18 Production Use Trade
56 World Soybeans Production, Use and Trade Production and Use () Trade () /8 9/1 11/12 13/14 15/16 17/18 Production Use Trade
57 Ocean Freight Rates for Grains $/metric ton /12/16 3/12/16 4/12/16 5/12/16 6/12/16 7/12/16 8/12/16 9/12/16 1/12/16 11/12/16 12/12/16 1/12/17 2/12/17 3/12/17 4/12/17 5/12/17 6/12/17 7/12/17 8/12/17 9/12/17 1/12/17 11/12/17 12/12/17 1/12/18 2/12/18 PNW to Japan Gulf to Middle East Great Lakes to East Med Gulf to West Africa
58 Summary Global production at a record 759, up 1% from 216/17 Ukrainian wheat production reached 27., 1% below 216/17 Wheat production in the U.S. totaled 47.4, 19% below the 5-year average Global ending stocks to rise to a record 269, 23% above the 5-year average Ending stocks in Canada to fall to 6.14, 1% below 216/17 U.S. ending stocks to decrease to 28.2, down 12% from 216/17, if realized World consumption expected to increase 1% in 217/18, trade down slightly Indonesia expected to be the largest wheat importer at 12.5, 23% above 216/17 U.S. 217/18 exports to total 25.2, 3% behind the 5-year average, if realized
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 informationWorld 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 informationWorld 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 informationWorld 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 informationWorld 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 informationRice Outlook U.S. and World February 9, 2017
Rice Outlook U.S. and World February 9, 217 Bobby Coats, Ph.D. Professor Economics Department of Agricultural Economics and Agribusiness Division of Agriculture University of Arkansas System 51.671.21
More informationChina 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 informationSoybean 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 informationWheat Marketing Situation
Wheat Marketing Situation Prepared by: Darrell L. Hanavan Executive Director Colorado Wheat Administrative Committee If you would like to receive an email when this report is updated, email gmostek@coloradowheat.org
More information2011 Indiana Agricultural Outlook
2011 Indiana Agricultural Outlook Corinne Alexander & Chris Hurt hurtc@purdue.edu September 13, 2010 World Economic Growth Ethanol Dollar Value Surprises and Uncertainty! Change Wheat Production 2010 vs.
More informationGrain: 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 informationU.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 information2016/17 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 informationSoybean 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 informationMarket Report. Grain HIGHLIGHTS INTERNATIONAL GRAINS COUNCIL. WORLD ESTIMATES. GMR November 2018
Grain INTERNATIONAL GRAINS COUNCIL www.igc.int Market Report GMR 494 22 November 2018 HIGHLIGHTS With small adjustments for wheat, maize and sorghum, the forecast for world total grains (wheat and coarse
More informationCrop Market Outlook 8/22/2017
MSU is an affirmativeaction, equal-opportunity employer. Michigan State University Extension programs and materials are open to all without regard to race, color, national origin, gender, gender identity,
More informationFAPRI Food and Agricultural Policy Research Institute
26 WORLD OUTLOOK Presentation Food and Agricultural Policy Research Institute Global Macroeconomic Overview Sustained and widespread real economic growth for the decade averaging 3.1%. Industrialized countries
More informationEarly-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 informationCorn & 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 informationChina 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 informationCHARTS AND PRICE PROJECTIONS
CHARTS AND PRICE PROJECTIONS 18 / Charts and Price Projections: FAPRI 27 Agricultural Outlook Average Annual GDP Growth Percent Change 9 8 7 6 4 3 2 1 26-216 Canada China EU NMS EU- India Japan Latin America
More informationMarket Outlook. David Reinbott.
Market Outlook David Reinbott Agriculture Business Specialist P.O. Box 187 Benton, MO 63736 (573) 545-3516 http://extension.missouri.edu/scott/agriculture.aspx reinbottd@missouri.edu Trending Issues Volatile
More informationWeak 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 informationGrain: 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 informationCHARTS AND PRICE PROJECTIONS
CHARTS AND PRICE PROJECTIONS 18 / Charts and Price Projections: FAPRI 28 Agricultural Outlook Average Annual GDP Growth, 27-217 Percent Change 1 8 8.4 7.92 6 4 4.44 3.67 4.6 4.34 2 2.37 2.17 1.38 2.44
More informationSOYBEAN OUTLOOK Midwest & Great Plains/Western Extension Summer Outlook Conference. St. Louis, Missouri
SOYBEAN OUTLOOK 2014 Midwest & Great Plains/Western Extension Summer Outlook Conference St. Louis, Missouri Jim Hilker Department of Agricultural, Food, And Resource Economics Michigan State University
More informationDevaluation 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 informationPakistan 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 informationShare 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 informationIndian 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 informationDrought 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 informationGrain: 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 informationGrain: World Markets and Trade
Department of Agriculture Foreign Agricultural Service Circular Series FG 1-7 October 27 Grain: World Markets and Trade Australian Wheat Exports Plummet MMT 18 16 14 12 1 8 6 4 2 Wheat Barley 24/2 2/26
More informationIGC 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 informationIndia 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 informationHistory gives hope for wheat rally Be sure to reward $2 rally. By Bryce Knorr, Senior Grain Market Analyst
History gives hope for wheat rally Be sure to reward $2 rally By Bryce Knorr, Senior Grain Market Analyst For years the wheat market stagnated waiting for a single trigger: A sharp reduction in global
More informationCitrus: 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 informationU.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 informationCitrus: World Markets and Trade
United States Department of Agriculture Foreign Agricultural Service uary 2015 Citrus: World Markets and Trade Oranges Global orange production for is forecast to decline 4 percent from the previous year
More informationGrain: 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 informationCitrus: World Markets and Trade
United States Department of Agriculture Foreign Agricultural Service January 2017 Citrus: World Markets and Trade Oranges Global orange production for 2016/17 is forecast up 2.4 million metric tons from
More informationGrain: 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 informationFundamentals Driving U.S. Agricultural Prosperity
Fundamentals Driving U.S. Agricultural Prosperity Chris Hurt Purdue Extension Service March 2013, hurtc@purdue.edu Economic Shock Transition to New-Equilibrium 250 Hypothetical 29 Year Cycle: Index Base
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report
More informationCitrus: 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 informationAlgeria. Grain and Feed Update. Wheat update
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Grain and Feed
More informationSharp 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 informationRice Outlook Slide Show U.S. and World August 10, 2017
Rice Outlook Slide Show U.S. and World August 10, 2017 Bobby Coats, Ph.D. Professor Economics Department of Agricultural Economics and Agribusiness Division of Agriculture Cooperative Extension Service
More informationArgentine 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 information2017/18 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 informationOilseeds and Products
Oilseeds and Products Oilseeds compete with major grains for area. As a result, weather impacts soybeans, rapeseed, and sunflowerseed similarly to grain and other crops grown in the same regions. The same
More informationDrought 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 informationStrong 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 informationSoybean 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 informationChina 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 information280 / World Cotton: FAPRI 2005 Agricultural Outlook. World Cotton
WORLD COTTON 280 / World Cotton: FAPRI 2005 Agricultural Outlook World Cotton The 2004/05 crop can be characterized simply as record breaking. A record 35.8 mha of cotton were harvested, producing a record
More informationMarket Report INTERNATIONAL GRAINS COUNCIL. HIGHLIGHTS WORLD ESTIMATES
Grain GMR 467 1 July 2016 INTERNATIONAL GRAINS COUNCIL www.igc.int Market Report HIGHLIGHTS The forecast for total grains (wheat and coarse grains) production in 2016/17 is up by 10m t m/m (month-on-month),
More informationRecord 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 informationGrain: 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 informationGrain: 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 informationGrain: 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 informationCoconut 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 informationGrain: 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 informationAs 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 information2019 Grain Update December 4, 2018
2019 Grain Update December 4, 2018 Orange Juice (Jan '19) Live Cattle (Dec '18) S&P 500 E-Mini (Dec '18) Dow Indu 30 E-Mini (Dec '18) Cotton #2 (Dec '18) U.S. Dollar Index (Dec '18) Wheat (Dec '18) Nasdaq
More informationGrain: 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 informationChina 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 informationWhat Does the March Prospective Plantings Report Mean for the Outlook? Chris Hurt & Corinne Alexander
What Does the March Prospective Plantings Report Mean for the 2014-2015 Outlook? Chris Hurt & Corinne Alexander hurtc@purdue.edu cealexan@purdue.edu Purdue University April 1, 2014" Webinar: April 1, 2014
More informationPalm 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 informationGrain: 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 informationExternal Market Factors Impacting US Soybean Meal
External Market Factors Impacting US Soybean Meal USSEC Luncheon International Production and Processing Expo January 3, 213 Atlanta, GA Paul Smolen Presentation Objectives Examine the economic drivers
More informationLingering Effects of Truckers Strike Impact Planting Plans
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil Post: Brasilia
More informationGrain: 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 informationOUTLOOK FOR PHOSPHATES
OUTLOOK FOR PHOSPHATES Michael Mew October 24 23/4 Major Factors Rising phosphate fertilizer demand in several key overseas markets Supply constrained by capacity limitations overseas and by recent hurricane
More informationGrowing 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 informationEconomic and Commodity Market Outlook
Economic and Commodity Market Outlook August 12, 2016 By Robert Coats, Ph.D. Professor Economics Department of Agricultural Economics and Agribusiness Division of Agriculture University of Arkansas System
More informationChina 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 informationSoybean 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 informationGrain: 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 informationOilseeds and Products
Oilseeds and Products Oilseeds compete with major grains for area. As a result, weather impacts soybeans, rapeseed, and sunflowerseed similarly to the grain and other crops grown in the same regions. The
More informationIndia. Oilseeds and Products Update. February 2012
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution India Oilseeds and Products
More informationAOF Forum Oilseeds Outlook October, 2006
AOF Forum Oilseeds Outlook October, 2006 Josh Roberts Senior Trading Manager Grain Pool Pty Ltd 30 Delhi Street West Perth Tel: +61 8 9237 9859 josh.roberts@grainpool.com.au Oilseeds trends versus other
More informationEU BIO-FUEL POTENTIAL CHANGES IN INTERNATIONAL RAPESEED TRADE FLOWS
Mercantile, April 2013 1 EU BIO-FUEL POTENTIAL CHANGES IN INTERNATIONAL RAPESEED TRADE FLOWS GCIRC Technical Meeting 2013 Mercantile Consulting Venture Inc. Marlene Boersch Mercantile, April 2013 2 Overview
More informationGrain Outlook Dean Cooper INTL FCStone Inc.
Grain Outlook Dean Cooper dean.cooper@intlfcstone.com INTL FCStone Inc. www.intlfcstone.com Disclaimer The trading of derivatives such as futures, options, and swaps may not be suitable for all investors.
More informationGrowing 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 informationChina 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 informationGrain: 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 informationUSDA Projections of Bioenergy-Related Corn and Soyoil Use for
USDA Projections of Bioenergy-Related Corn and Soyoil Use for 2010-2019 Daniel M. O Brien, Extension Agricultural Economist K-State Research and Extension The United States Department of Agriculture released
More informationGrain: 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 informationBLACK SEA SUNSEED MARKETS & 2017/18 NEW-SEASON PROSPECTS
BLACK SEA SUNSEED MARKETS & 2017/18 NEW-SEASON PROSPECTS AGRO-LOGISTICS FORUM 18 October 2017, Kishinev / MOLDOVA AGENDA 1-THE ROLE OF SUNSEED GLOBALLY 2 BLACK SEA SUNSEED OUTLOOK 3 2017/2018 NEW-SEASON
More informationBangladesh: 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 informationGLOBAL AND REGIONAL NEW-CROP OUTLOOK FOR OILSEEDS
GLOBAL AND REGIONAL NEW-CROP OUTLOOK FOR OILSEEDS GRAIN ACADEMY 2018 01 NOVEMBER 2018, Varna/BULGARIA AGENDA 1-OILSEEDS OUTLOOK GLOBALLY 2 OILSEEDS OUTLOOK IN BLACK SEA 3 2018/19 NEW-SEASON PROSPECTS 4-
More informationBrazil 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 informationRising 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 informationMarket situation Cereals Oilseeds Protein crops
Market situation Cereals Oilseeds Protein crops DG AGRI C 4 Civil Dialogue Group on Animal Products Pig Meat 13 April 2016 Exchange rates & crude oil 2 Euro US Dollar exchange rate 1.40 1.15 From the last
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT Benchmark prices were flat or slightly higher over the past month. Prices for the May NY futures contract increased
More information316 / World Biofuels: FAPRI 2009 Agricultural Outlook. World Ethanol
WORLD BIOFUELS 316 / World Biofuels: FAPRI 2009 Agricultural Outlook World The world ethanol price increased 13.7% in 2008, to $1.76 per gallon. It is projected to decrease by almost 16%, to $1.48 per
More informationGrain: 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 informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Oilseeds and Products
More informationEU-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