Grain: World Markets and Trade

Similar documents
Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

Grain: World Markets and Trade

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

Weak Real to Boost Brazil s Soybean Exports in 2016

Grain: World Markets and Trade

Indian Soybean Meal Exports Unlikely to Recover in 2015/16

Early-Season U.S. Soybean Meal Sales Surge

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

Palm and Soy Oil Use Expands at Expense of Other Oils

Pakistan Oilseed Processors Seize Opportunity to Crush Soybeans

U.S. Soybean Exports Forecast to Reach Record

Grain: World Markets and Trade

Grain: World Markets and Trade

2016/17 Global Olive Oil Production Down But Prices Stabilize

Argentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall

China s Global Peanut Export Share Declines

Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand

Soybean Oil Prices Diverge on Different Supply Situations

China s Rapeseed Meal Imports Rise as Seed Imports Decline

Grain: World Markets and Trade

Share of Brazil s Soybean Exports to China Spikes in August

Devaluation Energizes Argentine Soybean Crush

Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports

Coconut Oil Prices Spike

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

India Soybean Meal Exports: Revised and Rebounding

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

As China s Soybean Oil Imports Fall, Production Expands

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

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

Drought in South America to Limit Soybean Exports

Grain: World Markets and Trade

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

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

Grain: World Markets and Trade

China Soybean Imports Stagnant Despite Record Consumption as Production Rebounds

Sharp Decline in Vegetable Oil Stocks Leads to Steeply Higher Prices

Growing Fuel Use Limits Exports of Soybean Oil by South America

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

EU Dairy Exports to Third countries

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

Soybean Prices Fall on Rising South American Production

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

Rising Coconut Oil Prices Foreshadow Tight Supplies in 2007

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

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

World Wheat Supply and Demand Situation

Bangladesh: A Growing Market for U.S. Soybeans

Drought Forecast to Reduce Australian Rapeseed Exports in 2007

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

Corn & Bean Producers-1

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

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

Major Changes in Supply and Demand Estimates and Projections

World Wheat Supply and Demand Situation December 2018

World Wheat Supply and Demand Situation October 2018

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

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

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

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

World Wheat Supply and Demand Situation

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

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

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

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

( ) Page: 1/90

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

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

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

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

World Wheat Supply and Demand Situation August 2018

Major Changes in Supply and Demand Estimates and Projections

LPI ranking and scores, 2014

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

Summary of debt securities outstanding

KINGDOM OF CAMBODIA NATION RELIGION KING 3

KINGDOM OF CAMBODIA NATION RELIGION KING 3

GLOBAL ECONOMIC PROSPECTS January Statistical Annex

United States Boosts Share in South Korea s Soybean Oil Market

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

BP Statistical Review of World Energy June 2017

Rice Outlook. U.S. 2017/18 Season-Average Farm Price Forecasts Lowered for both Classes of Rice

Transcription:

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

TABLE OF CONTENTS World Markets and Trade: Commentary and Current Data Wheat... 4 Rice... 8 Coarse Grains... 12 Historical Data Series for Selected Regions and Countries... 31 Endnotes to Grain: World Markets and Trade... The Foreign Agricultural Service (FAS) updates its production, supply and distribution database for cotton, oilseeds, and grains at 9 a.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. It is available on the FAS website (http://www.fas.usda.gov/psdonline/). This circular is released at 1: a.m. on the same day, together with its downloadable data set. Grain: World Markets and Trade, February 21 2

All Grain Summary Comparison Wheat Rice, Milled Corn Marketing Year 27/8 28/9 29/1 27/8 28/9 29/1 27/8 28/9 29/1 (Jun-May).8 68. 6.3 6.3 6. 7. 331.2 37.1 334.1 Other 4.6 614.7 617.1 428. 44.8 429.2 46.7 484.4 463.8 61. 682.7 677.4 434.4 447.3 436.3 791.9 791. 797.8 Domestic Consumption (Jun-May) 28.6 34.3 32.2 4.1 4.1 4.2 261.6 29.1 282.3 Other 84.6 99.1 612.2 422.4 429.6 43.4 9.2 14.7 2.1 613.2 633.4 644.4 426. 433.7 434. 77.9 773.7 87.4 Ending Stocks (Jun-May) 8.3 17.9 26.7.9 1. 1.3 41.3 42. 43.7 Other 112.7 146.1 169.2 8. 92.4 91.2 88.4 13.4 9.4 121.1 164. 19.9 81. 93.3 92. 129.6 14.9 134. TY Imports (Jun-May) 3. 3. 3.3.7.7.7..3.3 Other 11.6 136.1 118.4 27.6 26.1 28.1 99.4 81.2 82.3 113.6 139. 121.6 28.2 26.8 28.9 99.9 81. 82.6 TY Exports (Jun-May) 34.3 27.3 22. 3.3 3.1 3.2 6.7 47.9. Other 82.1 11.2 11.8 26. 2.9 27.7 37.6 3.3 34.9 116.4 142. 124.3 29.8 29. 3.8 98.2 83.2 84.9 Note: Consumption in this table has not been adjusted for differences in marketing year imports and exports and therefore differs from global totals shown elsewhere. Marketing years for U.S. grains are: Wheat (Jun-May), Rice (Aug-Jul), Corn (Sep-Aug). 'Marketing Year' column is germane for U.S. wheat only.

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

World Wheat, Flour, and Products Trade July/June Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 13,426 8,216 12,168 1,228 8,98 4, Australia 1,826 1,211 11,241 7,449 13,42 1, 1,19 1,633 19,278 16,61 18,83 18, 1,171 1,397 2,783 2,83 723 1, 14,74 1,71 13,816 12,271 2,318 19, Kazakhstan 3,39 3,817 8,89 8,181,71 7, Mexico 4 33 48 1,261 1,46 1,2 Russia 8,46 1,14 1,84 12,2 18,393 18, Turkey 2,23 3,28 2,2 1,763 2,342 2,6 Ukraine 4,43 6,461 3,366 1,236 13,37 9, 6,36,886 6,482 7,782 7,632 6,49 8,274 86,77 9, 82,119 11,18 11,849 28,2 27,22 2,41 34,328 27,29 22, 113,826 113,829 11,96 116,447 142,48 124,349 TY Imports Afghanistan 1, 1,4 2,3 3,8 2, Algeria,38,476 4,874,94 6,39,3 Bangladesh 2,8 2,34 1,731 1, 2,882 2,6 Brazil,9,823 7,74 7,136 6,367 6, Egypt 8,1 7,771 7,3 7,7 9,9 8,8 7,61 6,78,137 6,942 7,74 6, Indonesia 4,661 4,981,96,224,423, Iran 2 1,1 7 2 9,3 3, Iraq 3,1 4,996 2,912 3,424 3,868 3,8 Israel 1,49 1,663 1,48 1,186 2,6 2,1 Japan,744,469,747,71,16,3 Korea, South 3,91 3,884 3,439 3,92 3,371 3,7 Libya 1,488 1,722 994 1,67 1,677 1,6 Mexico 3,717 3,49 3,61 3,136 3,341 3,1 Morocco 2,272 2,418 1,81 4,191 3,79 1,8 Nigeria 3,14 3,678 3,26 2,677 3, 3, Peru 1,449 1,644 1,367 1,42 1,38 1, Philippines 2,93 2,94 2,74 2,266 3,21 3, Saudi Arabia 77 91 48 1,4 1,6 South Africa 1,47 1,242 88 1,333 1, 1, Sudan 1,22 1,69 1,323 1,6 1,712 1, Syria 2 231 2 2 1,7 1,8 Turkey 372 64 1,778 2,192 3,77 2, Venezuela 1,4 1,691 1,76 1,498 1, 1,2 Yemen 1,86 2,187 2,42 1,861 2,786 2,3 39,463 3,27 39,999 36,728 38,742 3,1 18,32 18,846 11,2 11,73 136,6 118,39 Unaccounted 3,78 2,684 1,92 2,862 2,964 2,79 1,946 2,299 3,394 3,12 3,46 3,2 113,826 113,829 11,96 116,447 142,48 124,349 TY=Trade Year, see Endnotes.

World Wheat, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 9, 9, 18, 16,1 14,6 16,1 Argentina 22, 2,939 13,69 1,822 2,173 21,9 Australia 26, 28,611 2,4 2,26 2,748 24,796 114, 112,464 19,298 18,466 97,44 91,92 7,9 7,883 8,27 8,274 8,184 7,177 Egypt 138,218 11,8 12,133 124,87 132,36 146,886 8,8 78,7 7,81 69,3 68,64 72,1 India 12, 1, 1, 14, 14,38 14,68 Iran 17, 12, 16,4 13,4 11,2 9,9 Kazakhstan 6,37 3,73 1,83 6,327 3,43,4 Morocco 24, 21, 23,3 21,277 21,612 19, Pakistan 61,7 63,7 49,4 44,9 47,7 4,4 Russia 17,8 16,8 1, 17, 18, 18, Turkey 2,9 2,9 13,9 14, 18,7 17, Ukraine 6,2 6, 6,2,8,8,2 Uzbekistan 1,99 4,91 48,163 4,34 49,681 49,82 617,127 614,678 4,63 46,48 62,69 67,26 6,314 68,16,821 49,217 7,243 8,698 677,441 682,694 61,46 9,72 619,933 62,724 Total Consumption 8,7 8,4 8, 7,8 7,7 7, Algeria 11,4 1,7 1,3 1,3 1,4 9,9 Brazil 8,1 8,27 6,787 8,986 8,242 8,24 12, 12, 16, 12, 11, 12, 17, 16, 1,9 1,4 14,8 14,2 Egypt 127, 127, 116,36 12, 127,2 123,22 76,12 7,77 76,422 73,371 69,98 72,838 India 16,2 1,9 1, 1,3 14,8 14, Iran 7, 7,2 7, 7, 7,4 7,4 Kazakhstan 7,6 7, 7,4 7,1 6,8 6,6 Morocco 23,3 22,8 22,4 21,9 2,9 19,6 Pakistan 41,2 38,9 37,7 36,4 38,4 37,4 Russia 17,4 16,9 16,8 16,6 16,1 16,8 Turkey 12,1 11,9 12,3 11,7 12, 11,7 Ukraine 7,2 7, 6,8 6, 6,118,7 Uzbekistan 129,128 126,63 118,116 121,66 122,32 116,44 613,43 6,49 88,367 84,643 91,379 7,664 32,168 34,291 28,614 3,94 31,32 31,783 64,98 639,7 616,981 61,83 622,699 67,447 Ending Stocks 6,86 6,6 4,46 6,86 9,698 7,922 6,78 48,68 38,963 38,4 34,387 38,821 4,983,343 4,12 4,12 4,6 2,861 Egypt 17,63 18,34 12,343 14,7 23,384 27,496 18,2 13,1,8 4, 2, 4,1 India 4,17 3,97 3,17 3,7 3,27 3,419 Iran 11,129 8,429 1,819 2,231 3,44 3,386 Russia 46,173 41,371 42,138 41,432 1,744 47,37 169,166 146,146 112,746 11,18 131,93 13,42 26,69 17,867 8,323 12,414 1,4 14,699 19,86 164,13 121,69 127,94 147,47 1,241

Regional Wheat Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America,91 6,13 7,32 6,3 7,188 6,7 Central America 1,1 1,6 1,82 1,46 1,482 1, South America 1,26 12,34 13,979 13,143 12,746 12,89 European Union 7,61 6,78,137 6,942 7,74 6, Other Europe 1,464 1,47 1,48 1,923 1,69 1,67 Former Soviet Union - 12 4,91,487,98 6,21 6,44, Middle East 1,29 13,447 12,143 11,726 28,296 2,8 North Africa 18,347 18,6 16,42 21,734 23,467 19, Sub-Saharan Africa 12,86 13,174 11,73 1,371 13,363 13,39 East Asia 18,37 12,82 11,886 11,278 11,322 11,9 South Asia,6 4,812 1,944 8,27 1,713 6,21 Southeast Asia 11,429 11,923 12,437 11,4 12,328 12, 2,779 2,64 2,636 2,777 2,637 2,86 Total 11,248 111,14 113,644 113,8 139,16 121,64 North America 8,914 86,11 77,722 79,468 1,627 91,114 South America 2,336 22,72 21,22 24,83 18,23 17,928 European Union 146,886 132,36 124,87 12,133 11,8 138,218 Other Europe,43 4,196 4,313 4,4 4,693 4,46 Former Soviet Union - 12 8,81 91,123 84,927 92,41 11,8 113,67 Middle East 42,771 42,97 41,78 39,912 32,196 36,82 North Africa 17,166 1,178 18,76 13,948 14,88 19,39 Sub-Saharan Africa 4,796,219,724,47 6,449 6,7 East Asia 93,221 98,62 19,669 11,9 113,76 11,711 South Asia 96,326 96,34 9,881 1,7 13,87 111,1 Oceania 22,161 2,466 11,99 13,846 21,216 22,777 131 11 141 16 161 181 Total 62,724 619,933 9,72 61,46 682,694 677,441 Domestic Consumption North America 46,23 4,662 46,126 4,91 48,318 46,418 South America 23,94 24,11 23,91 23,91 24,24 2,17 European Union 123,22 127,2 12, 116,36 127, 127, Other Europe 6,18,917,49,6,44,83 Former Soviet Union - 12 72,231 7,41 72,627 7,2 76,7 79, Middle East 49,69,423 1,38,19 3,26 3,66 North Africa 32,38 33,847 34,2 36,42 37,32 38,32 Sub-Saharan Africa 16,39 17,782 16,72 1,87 18,873 19,143 East Asia 114,117 114,116 113,938 117,6 114,118 114,17 South Asia 1,91 1,31 1,16 19,487 14,4 111,28 Southeast Asia 1,9 11,1 11,693 1,99 12,111 12,34 Oceania 6,916 7,484 8,4 7,394 7,699 8,2 3,437 3,344 3,313 3,377 3,372 3,49 Total 6,2 617,117 618,63 613,22 633,376 644,366 Ending Stocks North America 22,997 2, 19,693 13,111 24,74 33,913 South America 4,62 4,72,132,81 3,293 3,616 European Union 27,496 23,384 14,7 12,343 18,34 17,63 Other Europe 1,77 1,333 1,67 1,37 1,442 1,237 Former Soviet Union - 12 12,746 13,338 9,263 1,69 18,1 23,1 Middle East 12,6 13,2 12,41 1,648 12,221 13,919 North Africa 9,492 9,233 9,749 9,127 9,6 9,48 Sub-Saharan Africa 1,243 1,48 1,731 1,63 2,74 2,33 East Asia 41,22 36,66 4,838 41,781 1,19 63,39 South Asia 7,393 6,28 7,7 8,487 16,363 21,698 Southeast Asia 2,12 2,21 2,6 2,49 2,432 2,347 Oceania 6,848 9,44 4,19 3,841 3,31 3,818 222 216 184 172 173 177 Total 1,241 147,47 127,94 121,69 164,13 19,86 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

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

World Rice Trade January/December Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 348 487 436 48 6 Brazil 272 291 21 11 6 3 Burma 19 47 31 41 1,2 8 Cambodia 2 3 4 8 8 66 1,216 1,34 969 76 1, Egypt 1,9 98 1,29 7 6 21 144 139 17 14 13 Guyana 182 2 21 21 2 22 India 4,687 4,37 6,31 3,383 2, 2, Japan 2 2 2 2 2 2 Pakistan 3,32 3,79 2,696 3, 3, 3,8 Peru 1 2 17 9 9 Thailand 7,274 7,376 9,7 1,11 8,7 1, Uruguay 762 812 734 742 926 7 Vietnam,174 4,7 4,22 4,649,9, 81 876 89 43 441 4 2,93 2,838 28,8 26,478 2,929 27,69 3,863 3,37 3,29 3,273 3,1 3,1 28,96 29,14 31,884 29,71 29,29 3,84 TY Imports Bangladesh 78 31 1,7 1,68 1 Brazil 48 691 684 417 63 7 321 333 341 36 34 34 69 64 472 29 33 3 Cote d'ivoire 8 7 98 8 8 86 Cuba 736 94 74 8 42 7 1,89 1,221 1,342 1,2 1,3 1,3 Ghana 4 44 34 3 3 3 Guinea 221 2 24 1 1 33 Haiti 328 399 292 32 3 32 Hong Kong 347 39 348 399 39 4 Iran 1,2 1, 1, 1, 1,7 1,7 Iraq 786 1,36 613 97 1, 1,1 Japan 787 681 642 46 7 7 Malaysia 71 886 799 1,2 83 8 Mexico 3 86 69 78 61 6 Mozambique 3 33 41 3 3 3 Nigeria 1,777 1,6 1, 1,6 1,9 1,6 Philippines 1,89 1,791 1,9 2, 2, 2,6 Saudi Arabia 1,37 98 961 1,36 1,37 1,4 Senegal 8 6 7 86 71 7 Singapore 37 3 393 32 3 3 South Africa 764 8 96 66 8 8 Vietnam 32 3 4 3 Yemen 2 2 338 32 32 32 8,19 7,68 9,649 7,98 7,79 8,419 26,489 2,79 28,67 27,89 26,11 28,124 Unaccounted 2,48 2,722 2,32 1,11 2,214 1,986 419 633 69 61 7 73 28,96 29,14 31,884 29,71 29,29 3,84 TY=Trade Year, see Endnotes. Note about dates: 29/1 is calendar year 21, 28/9 is calendar year 29, and so on.

World Rice, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb Milled Bangladesh 2,6 28,78 29, 28,8 31, 3, Brazil 8,996 7,874 7,69 8,199 8,69 7,82 Burma 9,7 1,44 1,6 1,73 1,1 1,73 Cambodia 2,627 3,771 3,946 4,238 4,2 4,63 12,363 126,414 127,2 13,224 134,33 137, Egypt 4,128 4,13 4,383 4,38 4,387 4,374 India 83,13 91,79 93,3 96,69 99,1 84, Indonesia 34,83 34,99 3,3 37, 38,3 38,8 Japan 7,944 8,27 7,786 7,93 8,29 7,62 Korea, South, 4,768 4,68 4,48 4,843 4,91 Nigeria 2,3 2,7 2,9 3, 3,2 3,4 Pakistan,2,47,4,7 6,7 6,2 Philippines 9,42 9,821 9,77 1,479 1,73 1,2 Thailand 17,36 18,2 18,2 19,8 19,8 2,4 Vietnam 22,716 22,772 22,922 24,37 24,388 24,3 3,347 31,27 31,27 32,83 32,62 34,364 394,361 411,463 414,12 428,41 44,794 429,248 7,462 7,1 6,267 6,344 6,1 7,3 41,823 418,68 42,779 434,38 447,39 436,278 Consumption and Residual Bangladesh 26,9 29, 29,764 3,747 31, 31,1 Brazil 9,74 8,46 7,92 8,24 8,29 8,6 Burma 1,3 1,4 1,67 1,249 9, 9,8 Cambodia 2,777 3,71 3,646 3,788 3,77 3,88 13,3 128, 127,2 127,4 129, 133, Egypt 3,2 3,32 3,276 3,34 4, 4, India 8,861 8,88 86,7 9,466 93,1 86,7 Indonesia 3,8 3,739 3,9 36,3 37,9 37,6 Iran 2,986 3,274 3, 3,7 3, 3,6 Japan 8,3 8,2 8,2 8,177 8,37 8,2 Korea, South 4,91 4,766 4,887 4,67 4,972 4,978 Nigeria 4,2 4,3 4,4 4,,1,1 Philippines 1,4 1,722 12, 13,499 13,6 13,78 Thailand 9,48 9,44 9,78 9,6 9, 9,6 Vietnam 17,9 18,392 18,77 19,4 19, 19,1 46,43 46,32 47,4 48,327 49,37,727 4,8 412,14 417,67 424,432 43,84 432,94 3,934 3,828 4,12 4,78 4,1 4,171 49,492 41,968 421,669 428,1 434,94 437,12 Ending Stocks 38,931 36,783 3,91 38,1 42,91 4,26 India 8, 1,2 11,43 13, 17, 13, Indonesia 3,448 3,27 4,67,67 7,7 8,487 Japan 1,919 2,39 2,46 2,6 2,71 2,63 Philippines 4,72,293 4,868 4,418 4,121 3,136 Thailand 2,312 3,94 2,1 2,77 4,787,887 Vietnam 1,292 1,317 1,392 2,18 1,96 2,16 11,2 11,1 1,76 11,712 11,819 1,71 72,179 74,619 73,834 8,33 92,37 91,226 1,211 1,371 1,266 942 974 1,271 73,39 7,99 7,1 8,97 93,344 92,497 Note: All data are reported on a milled basis.

Regional Rice Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 1,293 1,2 1,64 1,94 1,6 1,67 Caribbean 1,213 1,111 96 1,28 82 1, South America 964 1,9 1,8 1,119 1,188 1,3 Other Europe 114 138 137 98 12 12 Former Soviet Union - 12 26 4 361 33 3 32 Middle East 4,879,24 4,778,728,78,91 North Africa 261 233 3 28 16 14 Sub-Saharan Africa 8,22 7,12 7,84 7,284 7,897 8,4 East Asia 2,119 2,17 2,318 1,646 1,82 1,926 South Asia 1,22 92 1,962 2,63 49 1,11 Southeast Asia 4,236 4,122,742 4,637 4,3 4,93 1,876 2,1 2,2 2,428 2,21 2,38 Total 26,98 26,423 29,32 28,24 26,81 28,89 North America 7,67 7,286 6,44 6,22 6,69 7,22 Caribbean 76 68 798 796 882 932 South America 16,217 14,7 14,292 1,649 16,14 1,72 European Union 1,88 1,731 1,676 1,77 1,68 1,988 Former Soviet Union - 12 77 871 1, 1, 91 1,9 Middle East 2,14 2,372 2,38 2,738 2,8 2,496 North Africa 4,148 4,17 4,413 4,46 4,48 4,49 Sub-Saharan Africa 7,892 8,84 9,376 9,7 1,468 11,16 East Asia 141,118 142,492 142,661 14,44 1,14 12,2 South Asia 119,9 131,367 133,111 136,3 142,9 126,98 Southeast Asia 99,462 12,944 13,778 19,823 111,292 112,36 76 1,289 691 3 676 666 Total 41,823 418,68 42,779 434,38 447,39 436,278 Domestic Consumption North America, 4,936,231,143,22,291 Central America 1,79 1,64 1,12 1,116 1,18 1,73 Caribbean 1,99 1,732 1,829 1,863 1,737 1,93 South America 14,93 14,2 13,418 14,3 14,697 14,699 European Union 2,636 2,61 2,911 3,18 2,97 3,18 Former Soviet Union - 12 1,332 1,346 1,342 1,283 1,241 1,33 Middle East 6,76 7,629 7,86 7,89 7,976 8,23 North Africa 3,31 3,7 3,46 3,636 4,146 4,17 Sub-Saharan Africa 16,1 16,81 17, 17,3 17,943 18,92 East Asia 147,14 144,371 144,289 143,31 14,8 149,92 South Asia 11,884 121,673 124,366 129,6 133,21 126,64 Southeast Asia 9,387 92,49 94,986 97,2 97,48 98,96 67 667 714 664 6 624 Total 47,21 412,686 418,37 426,47 433,76 434,41 Ending Stocks North America 1,38 1,3 1,49 1,13 1,14 1,442 Central America 297 271 299 2 27 213 Caribbean 19 22 178 134 19 16 South America 2,472 2,199 2,23 2,488 2,18 2,78 European Union 1,138 1,181 1,138 1,126 1,2 1,11 Middle East 1,728 2,79 1,697 1,977 1,826 1,92 North Africa 2 366 37 68 792 76 Sub-Saharan Africa 1,494 1,33 1,21 1,341 1, 1,1 East Asia 41,916 4,329 39,317 41,37 46,67 49,17 South Asia 9,38 11,317 12,636 14,36 19,193 14,286 Southeast Asia 12,648 14,469 14,426 1,78 18,732 2,46 Oceania 431 1 23 2 26 22 182 179 149 19 124 134 Total 73,39 7,99 7,1 8,97 93,344 92,497 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

COARSE GRAINS: WORLD MARKETS AND TRADE PRICES: Throughout January, U.S. corn export quotes continued a nearly $3 per ton slide to about $16 following USDA data indicating a record crop. Argentine and Brazilian quotes largely moved with U.S., but the normal pre-harvest discount ($2) has narrowed because of strong sales and shipments. $/MT 2 19 18 17 16 1 Corn Weekly Export Bids 3-Oct 6-Nov 13-Nov 2-Nov 27-Nov 4-Dec 11-Dec 18-Dec 2-Dec 1-Jan 8-Jan 1-Jan 22-Jan 29-Jan -Feb TRADE CHANGES IN 29/1 Selected Exporters U.S. Gulf Brazil Paranagua Argentina Up River U.S. corn is cut 2. million tons to. million based on the pace of shipments, despite some improved sales in recent weeks. Argentine corn is raised 2. million tons to 9. million because of strong shipments in recent months and improved prospects for new crop corn. EU barley is lowered, tons to 1. million, the lowest in 6 years, on the continued slow pace of export licenses and large early-season intervention offers. Turkey barley is raised 4, tons to, on large feed-barley export tenders by the Turkish Grain Board. U.S. sorghum is boosted 2, tons to 3.8 million with commitments running well ahead of last year. (Japanese and Mexican sorghum imports are each boosted 1, tons.) Selected Importers Vietnamese corn is boosted 2, tons to 9, based on strong trade with Thailand. Iran barley is lowered 2, tons based on a slow early-season import pace. Grain: World Markets and Trade, February 21 12

World Coarse Grain Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 14,371 11,243 17,191 17,786 1,241 11,4 Australia 4,996,614 1,993 3,89 4,874,6 Brazil 1,47 2,826 8,188 8,32 7,183 9,1 3,217 4,1 3,787 6,379 3,848 3,62,92 3,62,463 4,679 4,338 3,28 India 1 721,39 2,4 1,2 Russia 1,34 1,42 1,836 1,419 4,943 2,4 Serbia 863 132 1,478 2, South Africa 1,3 1,429 462 1,14 2,19 2,4 Ukraine 6,46 7,439 3,942,99 11,38 11,1 1,47 8,888 1,976,74,349,27,7 47,4,422 6,489 8,193 6,77,692 61,443 9,17 68,289 1,718 3,9 11,199 18,497 114,79 128,778 19,911 11,72 TY Imports Algeria 2,273 2,139 2,88 2,433 2,8 2,1 Brazil 74 1,17 1,472 1,28 1,494 9 2,339 2,29 2,28 3,187 1,9 2,7 Chile 1,189 1,678 1,766 1,969 1,261 1,62 2,73 2,36 1,16 1,17 1,61 1,63 Colombia 2,16 3,38 3,714 3,63 3,62 3,77 Dominican Republic 1,31 1,68 1,212 1,74 9 1, Egypt,4 4,418 4,84 4,174,66 4,22 2,96 2,883 8,738 19,892 2,996 2,83 Iran 3,88 3, 3,6 3,9, 3,7 Israel 1,7 1,88 1,684 1,776 1,461 1,42 Japan 19,79 19,76 19,668 19,21 19,611 19,46 Jordan 938 1,234 1,186 889 82 8 Kenya 269 11 6 21 1,34 1,6 Korea, South 8,71 8,4 8,797 9,38 7,24 7,7 Malaysia 2,46 2,17 2,363 3,181 2,4 2,6 Mexico 8,977 9,928 11,4 11,11 1,467 12,4 Morocco 1,989 1,97 2,1 2,18 1,784 1,73 Peru 1,366 1,48 1,646 1,92 1,399 1,62 Saudi Arabia 7,724 8,7 7,78 9,968 9,18 9,3 Syria 2,281 2,6 2,79 2,11 2,8 2,9 Taiwan 4,77 4,743 4,43 4,684 4,672 4,72 Tunisia 1,228 1,23 1,19 1,183 9 1,1 Venezuela 17 12 34 1,13 1,341 1,3 Vietnam 291 47 6 7 1,1 9 11,444 14,193 13,899 14,367 12,243 12,6 98,231 12,97 11,78 126,7 14,796 14,97 Unaccounted 726 3,6 1,396-1,47 2,38 3,12 2,242 2,29 2,6 3,61 2,87 2,62 11,199 18,497 114,79 128,778 19,911 11,72 TY=Trade Year, see Endnotes.

World Coarse Grains, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 22,673 16,223 26,974 27,34 19,31 24,899 Argentina 11,817 11,97 12,89 6,83 13,27 11,49 Australia 3,614 3,624 61,344 3,184 44,167 37,874 Brazil 22,373 27,167 27,841 23,14 24,939 2,62 162, 172,7 19,1 19,98 147,696 138,22 8,82 9,236 8,32 7,928 7,179,763 Ethiopia 12,8 161,79 136,123 137,421 146,267 166,79 33,6 39,17 4,63 33,81 34,4 33,6 India 9, 8,7 8, 7,8 6,8 7,2 Indonesia 29,329 31,48 3,77 29,181 2,887 28,97 Mexico 27, 26,6 24, 26, 24,7 23,2 Nigeria 31,8 4,7 29,32 3,2 27,6 29,6 Russia 12,3 13,84 13,69 7,76 7,311 12,29 South Africa 1,39 1,31 9,48 1,896 11,9 11, Turkey 24,12 26,22 14,8 19,17 18,14 23, Ukraine 133,97 126,938 124,632 126,891 12,48 116,221 74,226 77,711 728,3 76,16 68,44 69,398 3,28 32,867 349,861 279,998 298,71 319,378 1,9,484 1,11,78 1,77,864 986,14 978,74 1,14,776 Domestic Consumption 1,73 6,673 9,897 9,19 9,471 9, Argentina 48,279 47,4 4,279 43,34 42,197 41,8 Brazil 22,173 22,8 24,21 24, 22,89 22,944 167,7 16,42 17,1 13,46 147,1 141,72 11,98 11,863 11,477 11,8 11,163 12,364 Egypt 13,2 12,1 14,1 147,877 147,38 12,73 32,8 36,4 3, 32,2 33,8 33,24 India 19,6 19,71 19,46 19,823 2,89 19,881 Japan 42, 42,13 4,31 39,97 37,6 38,33 Mexico 27, 26,4 24, 2,7 24,4 22,9 Nigeria 31,4 32,6 28,87 28,6 27,7 29,4 Russia 1,8 9,8 9,68 8,76 8,23 7,16 Saudi Arabia 1,83 1,73 1,18 9,13 8,768 1,283 South Africa 1,31 1,7 1,69 11,62 11,462 11,36 Turkey 13,9 13,72 11,83 13,1 12,41 1,17 Ukraine 194,417 191,614 188,797 184,822 181,47 168,73 88,842 796,776 781,499 769,337 747,731 737,69 296,67 27,748 274,33 242,798 24,22 24,177 1,1,17 1,72,24 1,6,32 1,12,13 992,73 977,746 Ending Stocks 3,4 3,33 2,666 1,2 2,84 2,13 Australia 1,67 13,82 12,86 3,772 3,187 4,38 Brazil, 6,3 4,1 3,1 6,347 6,36 49,621 4,131 4,426 38,32 36,7 37,64 18,977 2,12 12,768 1,138 22,27 2,128 3,41 4,222 4,6 3,426 3,376,4 Mexico 3,172 3,382 3,21 1,776 2,443 3,43 South Africa 36,76 37,397 34,897 3,61 32,72 3,439 13,844 142,1 11,448 12,1 19,889 119,8 48,684 47,6 4,9 36,174 4,767 8,8 179,28 189,61 16,7 138,67 164,66 178,6

Regional Coarse Grains Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 13,8 14,22 1,93 17,88 1,174 17,14 Central America 2,4 2,83 2,96 2,681 2,44 2,82 Caribbean 1,913 1,969 2,227 2,239 2, 2,1 South America 6,462 8,791 1,181 1,672 1,149 1,1 European Union 2,96 2,883 8,738 19,892 2,996 2,83 Former Soviet Union - 12 1,129 1,2 949 1,27 64 4 Middle East 17,94 17,83 18,674 21,819 21,261 19,88 North Africa 11,63 1,481 11,671 1,7 1,73 1,1 Sub-Saharan Africa 2,738 3,4 2,387 2,679 3,244 2,84 East Asia 3,661 3,613 34,13 34,662 33,438 33,64 Southeast Asia 3,499 4,897 4,394 4,746 4,739 4, 69 776 991 1,2 868 1,2 Total 1,473 14,892 113,183 13,18 17,63 17,6 North America 373,9 349,36 332,324 48,279 384,19 41,96 South America 73,26 73,88 92,137 1,84 81,449 88,329 European Union 166,79 146,267 137,421 136,123 161,79 12,8 Other Europe 12,781 12,69 11,68 9,37 12,292 11,718 Former Soviet Union - 12 63,3,37 8,71 3,912 78,14 67,44 Middle East 18,876 19,998 19,6 17,381 1,933 16,977 North Africa 11,786 9,371 11,211 9,894 9,871 13,932 Sub-Saharan Africa 77,479 81,42 87,26 9,87 94,73 9,36 East Asia 14,18 149,899 161,399 161,29 174,874 164,141 South Asia 39,291 4,39 4,2 46,92 4,128 39,98 Southeast Asia 21,83 22, 23,838 26,62 26,13 26,84 Oceania 12,34 14,174 7,23 13,42 12,617 12,464 3,838 3,86 3,98 4,41 4,32 4,19 Total 1,14,776 978,74 986,14 1,77,864 1,11,78 1,9,484 Domestic Consumption North America 31,46 3,481 37,273 338,864 34,733 361,398 South America 6,791 68,213 7,91 74,697 73,222 78,324 European Union 12,73 147,38 147,877 14,1 12,1 13,2 Other Europe 12,174 12,44 11,33 1,46 1,64 1,77 Former Soviet Union - 12 4,628,113 1,26,444 7,441,79 Middle East 3,41 37,188 37,67 37,827 37,89 37,16 North Africa 21,816 2,82 22,29 21,161 2,748 22,71 Sub-Saharan Africa 77,49 84,638 88,391 88,39 94,6 9,497 East Asia 177,81 182,819 188,963 191,868 194,92 21,89 South Asia 38,89 4,67 38,81 42,2 42,416 39,233 Southeast Asia 23,814 26,93 26,834 28,74 29,98 3,31 Oceania 7,478 7,94 6,88 7,666 7,347 7,437 8,2 8,467 9,14 9,312 8,991 9,11 Total 976,46 991,421 1,7,418 1,,61 1,7,7 1,13,16 Ending Stocks North America 7,6 64,49 43,11 3,634 7,637 7,8 South America 9,67 7,676 9,6 18,476 16,789 1,27 European Union 2,128 22,27 1,138 12,768 2,12 18,977 Other Europe 1,67 1,491 1,2 1,291 1,821 1,89 Former Soviet Union - 12 7,393,1,93 4,31 8,6 6, Middle East 7,442 7,91 8,167 7,498 7,882 6,973 North Africa 3,64 2,67 3,166 2,419 2,28 3,76 Sub-Saharan Africa,18,12,24 6,36 6,886 7,12 East Asia 41,7 4,86 41,793 44,94 8,12 3,27 South Asia 1,43 1,41 1,4 1,8 1,79 1,3 Southeast Asia 1,743 2,1 2,644 3,282 3,32 3,142 Oceania 2,234 2,883 1,293 2,729 3,39 3,47 814 93 1, 1,39 798 771 Total 178,6 164,66 138,67 16,7 189,61 179,28 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

World Corn Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 13,72 1,77 1,693 1,676 8,48 9, Brazil 1,431 2,826 8,71 7,883 7,178 9, 7,89 3,727,269 49 172 678 449 664 91 1,743 1, India 481 497 82,77 2,3 1, Paraguay 386 1,314 1,981 1,461 1,862 1, Serbia 84 128 1,467 2, South Africa 1,17 1,46 431 1,124 2,111 2, Thailand 396 121 442 646 786 7 Ukraine 2,334 2,464 1,27 2,74,497, 2, 3,13 2,148 2,348 3,747 2,13 3,614 26,24 37,162 37,7 3,321 34,88 4,347 6,84 4,214 6,663 47,97, 7,961 82,68 91,376 98,22 83,228 84,88 TY Imports Algeria 2,14 2,61 2,463 2,166 1,9 2,1 Brazil 481 931 1,24 961 1,92 7 2,237 1,962 2,226 3,117 1,844 2, Chile 1,81 1,99 1,8 1,628 779 1,2 Colombia 2,26 3,11 3,386 3,267 3,2 3,3 Cuba 46 1 646 811 7 8 Dominican Republic 1,31 1,68 1,212 1,74 9 1, Egypt,398 4,397 4,826 4,11, 4,2 2,469 2,634 7,6 14,16 2,743 2, Guatemala 641 71 764 617 6 7 Iran 2,8 2,3 3,3 2,9 3,6 2,9 Israel 1,242 1,128 1,311 1,374 1, 1, Japan 16,48 16,617 16,713 16,614 16,33 16,3 Kenya 231 94 2 22 1,266 1, Korea, South 8,633 8,483 8,731 9,311 7,194 7, Malaysia 2,46 2,17 2,363 3,181 2,4 2,6 Mexico,94 6,787 8,944 9,6 7,764 9, Morocco 1,423 1,491 1,683 1,88 1, 1,6 Peru 1,31 1,467 1,28 1,469 1,37 1, Saudi Arabia 1,224 1,472 1,77 1,961 1,482 1,8 Syria 1,781 1,26 1,729 1,611 1,8 1,9 Taiwan 4,62 4,33 4,283 4,27 4, 4,6 Tunisia 714 624 63 8 6 8 Venezuela 16 12 34 1,13 1,336 1,3 Vietnam 291 47 6 7 1,1 9 8,427 11,96 1,747 1,424 8,87 8,9 7,614 79,47 9,39 99,44 81,16 82,34 Unaccounted 66 2,81 1,18-1,68 1,731 2,24 281 21 319 1 337 3 7,961 82,68 91,376 98,22 83,228 84,88 TY=Trade Year, see Endnotes. The large, negative Unaccounted in 27/8 arises largely from timing differences between declared exports and Japan's and Korea's declared imports.

World Corn, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 17,2 12,6 22, 22, 1,8 2, Argentina 1, 1, 8,6 1, 41,7 3, Brazil 9,6 1,92 11,649 8,99 9,332 8,837 1, 16,9 12,3 11,6 139,36 13,29 6,3 6,217 6,174 6,149,932,84 Egypt,766 62,721 47, 3,829 6,668 66,471 18, 19,29 18,96 1,1 14,71 14,18 India 9, 8,7 8, 7,8 6,8 7,2 Indonesia 22, 24,226 23,6 22,3 19, 22, Mexico 8,3 7,9 6, 7,8 7, 6, Nigeria 6,8 6,846 7,277 6,231,884, Philippines 6,4 6,13 4,4 6,41 Serbia 11, 12,67 13,164 7,3 6,93 11,716 South Africa 1, 11,4 7,4 6,4 7,1 8,8 Ukraine 4,8 4,3 4,6 4,21 3,818 3,77 Vietnam 71,13 73,738 68,361 67,112 71,927 68,82 463,779 484,37 46,694 444,877 416,21 41,43 334,2 37,142 331,177 267,3 282,263 299,876 797,831 791,499 791,871 712,38 698,784 714,919 Total Consumption 7,1, 7, 6,7 6,2,2 Argentina 4, 44, 42, 41, 39, 38, Brazil 11,8 11,663 13,769 11,442 1,88 1,311 19, 12, 149, 14, 137, 131, 1,9 1,8 1,4 1,7 1,1 11,3 Egypt 6, 62, 64, 62,3 61, 63,2 17, 16,9 14,2 13,9 14,2 13,9 India 9,1 8,8 8, 8,1 8,3 7,8 Indonesia 16,3 16,4 16,6 16, 16,7 16, Japan 7,7 7,876 8,638 8,833 8,79 8,666 Korea, South 32,2 32,4 32, 3,7 27,9 27,9 Mexico 8,4 7,8 6, 7,6 6,8 6,3 Nigeria 7,4 7,3 7,1 6,,8,1 Philippines 1,2 1, 9,6 8,6 8,2 9,7 South Africa,6,6,7,2,1 6, Ukraine 116,349 11,61 113,79 11,286 16,69 1,313 27,337 16,17 9, 497,121 473,922 463,688 282,334 29,3 261,632 23,674 232,1 224,61 89,671 77,223 771,132 727,79 7,937 688,298 Ending Stocks 1,279 13,279 12,79 3,92 3,1 4,192 Brazil 48,769 3,169 39,394 36,62 3,2 36, 2,849 6,83 4,362 7,382 9,461 8,18 1,37 1,49 2,79 1,322 1,39 1,382 Korea, South 1,398 818 933 428 8 3 Malawi 2,89 3,9 4,131 3,84 2,77 4,29 Mexico 3,7 3,182 3,9 1,661 2,38 3,19 South Africa 19,881 21,797 21,782 21,681 2,1 19,728 9,367 13,377 88,3 7,72 74,313 77,737 43,674 42,4 41,2 33,114 49,968 3,697 134,41 14,881 129,6 18,866 124,281 131,434

Regional Corn Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 8,463 8,99 11,489 13,174 9,94 11,8 Central America 2,41 2,83 2,96 2,678 2,44 2,82 South America,738 8,18 9,141 9,49 8,62 8,76 European Union 2,469 2,634 7,6 14,16 2,743 2, Former Soviet Union - 12 9 649 1 648 32 38 Middle East 8,39 7,381 1,22 1,6 9,47 8,87 North Africa 1,112 9,44 1,136 9,94 9,6 9,3 Sub-Saharan Africa 2,1 2,8 1,86 1,844 2,493 2,8 East Asia 3,94 29,949 29,84 3,746 28,74 28,7 Southeast Asia 3,492 4,89 4,38 4,71 4,72 4,2 Caribbean 1,913 1,969 2,227 2,239 2, 2,1 46 466 632 736 8 64 Total 7,89 79,77 9,38 99,9 81,497 82,64 North America 33,763 311,9 298,843 366,426 341,96 36,612 South America 63,6 6,826 83,33 9,37 72,94 77,96 European Union 66,471 6,668 3,829 47, 62,721,766 Other Europe 1,199 1,333 9,3 7,239 9,96 9,8 Former Soviet Union - 12 1,424 13,289 12,849 13,79 21,31 17,41 Middle East,66 6,439,183,83 6,39,984 North Africa 6,42 6,134 6,31 6,376 6,419 6,2 Sub-Saharan Africa 4,661 38,264 41,27 46,771 47,772 47,99 East Asia 132,81 141,16 13,43 14,9 167,71 16,66 South Asia 18,871 19,92 2,11 23,98 24,16 23,2 Central America 2,633 2,77 2,88 3,244 3,243 3,3 Southeast Asia 21,33 21,74 23,6 2,82 2,913 26,6 1,223 1,28 1, 1,216 1,197 1,179 Total 714,919 698,784 712,38 791,871 791,499 797,831 Domestic Consumption North America 262,821 27,723 272,816 37,41 33,116 326,334 South America 6,283 9,799 63,172 66,112 6,2 69,2 European Union 63,2 61, 62,3 64, 62, 6, Other Europe 9,474 9,426 8,99 7,817 8,12 8,2 Former Soviet Union - 12 12,749 11,98 12,144 12,898 14,2 12,94 Middle East 13,22 13,26 14,68 1,429 1,278 1,28 North Africa 1,72 14,871 16,61 1,664 1,8 16,2 Sub-Saharan Africa 39,3 41,149 42,693 43,761 47,46 47,696 East Asia 163,73 168,788 176,719 18,3 182,716 189,4 South Asia 18,8 19,319 18,982 19,474 21,79 22,4 Southeast Asia 23,76 2,837 26,97 28,499 29,3 3,7 Central America,12,3,8,9,8,9 3,17 3,21 3,198 3,41 3,28 3,2 Total 686,3 7,397 724,13 77,868 773,743 87,433 Ending Stocks North America 6,28 4,676 37,3 46,843 47,92 47,8 South America 8,634 6,988 8,26 17,621 16,9 13,74 European Union 8,18 9,461 7,382 4,362 6,83 2,849 Other Europe 1,24 1,167 1,16 976 1,4 1,27 Former Soviet Union - 12 2,14 1,67 1,766 1,143 1,66 1,2 Middle East 2,62 2,73 3,244 3,18 3,427 2,8 North Africa 1,61 1,33 1,67 1,66 1,87 1,27 Sub-Saharan Africa 4,37 4,11 3,62,142,431,8 East Asia 39,844 38,328 39,74 43,373 6,63 2,9 South Asia 833 946 919 1,116 1,21 1,216 Southeast Asia 1,72 2,8 2,642 3,282 3,31 3,141 Central America 61 74 729 769 643 61 21 184 3 34 196 26 Total 131,434 124,281 18,866 129,6 14,881 134,41 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

World Barley Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 338 39 37 937 871 9 Australia 4,481,231 1,927 3,377 3,278 3,8 1,476 1,876 1,337 2,947 1,618 1, 3 3 49 81 17 2 Egypt 1 67 6 4,24 2,87 4,366 3,888 2,374 1, Kazakhstan 76 239 66 86 314 Russia 1,488 1,397 1,691 1,277 3,98 2,2 Serbia 9 4 11 Turkey 26 46 34 3 Ukraine 3,992 4,926 2,911 3,814,871 6, Uruguay 41 112 26 4 186 42 16,174 17,16 14,77 17,676 18,16 16,98 771 37 28 91 18 1 16,94 17,17 14,6 18,77 18,174 17,8 TY Imports Brazil 182 164 267 28 4 2 2,49 2,217 1,127 1,91 1,1 1, Colombia 234 198 243 26 22 2 212 168 167 19 17 1 Iran 1,3 7 3 1, 1,4 8 Israel 313 314 224 21 37 32 Japan 1,22 1,417 1,39 1,361 1,346 1,4 Jordan 67 811 84 28 2 Kuwait 188 23 217 24 2 2 Libya 276 248 8 166 3 2 Mexico 48 31 81 168 12 1 Saudi Arabia 6, 7,1 6, 8, 7,7 7, Syria 7 3 9 1, 1, Tunisia 14 66 866 378 3 3 United Arab Emirates 148 326 294 22 12 2 1,831 1,61 1,746 2,83 1,66 1,26 16,424 16,868 14,13 17,492 17,8 16,3 Unaccounted 364 2 148 373 94 44 17 124 34 712 72 6 16,94 17,17 14,6 18,77 18,174 17,8 TY=Trade Year, see Endnotes.

World Barley, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 2, 6 9 7 4 1,314 Algeria 1,6 1,6 1,47 1,26 8 886 Argentina 8,3 7,669 7,16 4,27 9,483 7,74 Australia 1,6 2, 1,7 1,3 1,8 2, Belarus 9,2 11,781 1,984 9,73 11,678 12,7 3,1 2,9 2,78 3,11 3,4 3,222 1,3 1,484 1,3 1,32 1,271 1,32 Ethiopia 61,987 6,49 7,4 6,22 4,72 64,8 1, 1,23 1,33 1,22 1,2 1,3 India 2,6 2, 3, 3, 2,87 2,94 Iran 2,6 1,8 2, 1,9 1, 1, Kazakhstan 3,7 1,272 763 2,3 1,12 2,76 Morocco 17,9 23,1 1,6 18,1 1,8 17,2 Russia 6,,6 6, 7, 7,6 7,4 Turkey 11,8 12,6 6, 11,3 9, 11,1 Ukraine 8,399 7,67 8,93 9,2 9,1 9,16 143,96 148,73 128,1 132,489 131,68 146,34 4,949,23 4,7 3,923 4,613 6,91 148,9 13,96 132,72 136,412 136,271 12,431 Total Consumption 4,1 3,6 3,1 4, 3, 3, Australia 1,7 2, 1,7 1,6 1,9 1,9 Belarus 8,4 9,6 7,916 1,19 9,611 1,138 4, 4,3 3,9 4,2,4,3 9, 7, 4,2,7 4, 4,8 1,4 1, 1, 1,22 1,2 1,3 India 3,3 3,9 3,6 3,4 4,2 3,8 Iran 1, 1,6 1,6 1,6 1,6 1,6 Japan 1,8 1,6 1,7 1,3 1,4 1, Kazakhstan 2,8 1,7 1,9 2, 2,2 2,62 Morocco 17,1 17,1 1, 16,4 1, 16, Russia 7,93 7,73 7,43 6,81 6,1,61 Saudi Arabia 1,6 1,7 1, 1,1 1, 1,2 Syria,7,7 6,1 7,3 7,3 7,3 Turkey 6,1 6, 4,9 6,3,3 6,4 Ukraine 14,344 14,7 14,728 14,473 14,38 14,146 141,43 138,682 129,96 138,66 136,677 136,79 4,789,127 4,324 4,96 4,7,672 146,219 143,89 133,92 143,22 141,247 142,431 Ending Stocks 884 234 333 462 4 876 Algeria 2,897 2,497 1,662 988 2,82 1,866 Australia 2,463 2,843 1,68 1,491 3,289 3,43 12,3 1,366,7,824 8,3 11,63 1,139 139 114 93 481 1,43 Morocco 2,287 3,637 1,2 1,272 873 2,11 Russia 2,368 2,298 2,428 2,48 2,68 1,978 Saudi Arabia,838,774,249,866 6,322 7,3 29,879 27,788 18,84 19,264 2,24 29,734 2,27 1,932 1,48 1, 2,3 2,796 32,46 29,72 19,69 2,764 27,4 32,3

Regional Barley Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 291 21 476 933 739 8 South America 38 17 723 71 83 7 European Union 212 168 167 19 17 1 Other Europe 14 16 22 27 148 18 Former Soviet Union - 12 376 332 426 374 244 16 Middle East 9,682 1,33 8,278 11,72 11,699 1,88 North Africa 1,488 1,392 1,21 1,144 1,7 62 Sub-Saharan Africa 14 81 1 14 129 8 East Asia 3,768 3,816 2,9 2, 2,996 3, South Asia 3 21 4 Oceania 1 Total 16,81 16,992 14,47 18,24 18,8 16,63 North America 19,8 17,1 14,36 16,212 17,822 1,2 South America 2,6 1,827 2,287 2,61 2,644 2,693 European Union 64,8 4,72 6,22 7,4 6,49 61,987 Other Europe 1,781 1,611 1,48 1,412 1,48 1,48 Former Soviet Union - 12 33,26 29,4 33,91 27,67 4,86 3,1 Middle East 11,926 12,33 12,2 1,927 8,291 9,63 North Africa 4,719 2,212 3,83 2,493 2,427 6,34 Sub-Saharan Africa 1,616 1,638 1,738 1,733 1,826 1,67 East Asia 3,678 3,848 3,49 3,24 3,377 3, South Asia 1,6 1,664 1,742 1,93 1,637 2,17 Oceania 8,12 9,883 4,67 7,6 8,69 8,7 Total 12,431 136,271 136,412 132,72 13,96 148,9 Domestic Consumption North America 16,76 1,16 1,711 13,11 1,117 14,139 South America 2,317 2,12 2,227 2,423 2,489 2,477 European Union 4,8 4,,7 4,2 7, 9, Other Europe 1,83 1,776 1,738 1,64 1,6 1,68 Former Soviet Union - 12 27,619 2,77 26,94 24,779 28,126 28,23 Middle East 2,34 22,26 21,434 2,831 21,17 2,1 North Africa,89 4,88 4,93 4,42 3,863,38 Sub-Saharan Africa 1,718 1,691 1,792 1,794 1,939 1,77 East Asia 7,47 7,492 6,219,88 6,29 6,41 South Asia 1,66 1,667 1,743 1,66 1,436 2,17 Oceania 3,9 3,9 4,4 3, 4, 4, Total 143,271 14,24 142,839 134,198 143,4 146,213 Ending Stocks North America 6,472,746 3,18 3,16 4,862,18 South America 31 191 292 237 223 189 European Union 11,63 8,3,824,7 1,366 12,3 Other Europe 37 283 319 277 32 268 Former Soviet Union - 12 4,193 2,1 2,72 2,499,36 4,14 Middle East 4,779,196 4,94 4,466 4,439 4,444 North Africa 2,39 1,332 1,9 721 623 2,28 Sub-Saharan Africa 39 6 62 97 14 89 East Asia 836 1, 881 732 829 949 South Asia 3 49 49 31 61 111 Oceania 1,921 2,637 1,46 1,698 2,33 2,933 Total 32,3 27,4 2,764 19,69 29,72 32,46 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

World Sorghum Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 279 226 99 1,172 97 1, Australia 37 19 2 34 1,36 1,1 Brazil 24 11 116 1 28 26 144 223 32 Nigeria South Africa 36 23 31 21 48 4 Sudan 2 1 1 31 18 3 13 9 7 823 3 1,44 2,17 2,492 2,1 4,41 4,961 4,38 6,664 3,69 3,8,364,496,784 8,839 6,11 6,31 TY Imports Chile 71 46 189 268 44 37 Colombia 67 66 22 2 Ecuador 44 8 Ethiopia 3 14 1 218 77 1,474,267 66 1 Israel 34 44 78 144 71 7 Japan 1,374 1,393 1,276 1,84 1,629 1,6 Mexico 2,931 3,29 1,94 1,16 2,496 2,7 Sudan 16 211 3 3 3 3 Taiwan 61 69 64 83 72 7 399 472 267 617 299 4,248,346,669 9,9,687 6,2 Unaccounted 11 1 113-221 411 28 1 2 1 3,364,496,784 8,839 6,11 6,31 TY=Trade Year, see Endnotes.

World Sorghum, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 3,3 1,66 2,937 2,8 2,33 2,9 Argentina 1,8 2,671 3,79 1,283 1,929 2,11 Australia 1,9 1,91 2, 1, 1,43 2,1 Brazil 1,8 1,8 1,7 1,16 1,3 1,134 Burkina 1,7 1,8 1,92 2,183 2,46 2,328 9 9 9 9 9 9 Egypt 2,6 2,619 2,69 2,316 2,174 1,716 Ethiopia 623 1 2 42 489 499 6, 7,31 7,93 7,1 7,63 7,24 India 92 9 91 77 629 664 Mali 6,4 6,3 6,2,81,,89 Mexico 9 1, 93 8 7 Niger 11, 11, 1, 1, 1, 1, Nigeria 4,7 4,7 4,,2 4,27 2,7 Sudan 9 9 9 8 89 82 Tanzania 6,623 6,6 6,4 6,317,968,93 2,621 2,4 3,63,437 49,66 47,288 9,728 11,998 12,636 7,32 9,976 11,22 62,349 64,43 66,289 7,469 9,82 8,81 Total Consumption 1,7 7 1,7 1,7 2,3 2,6 Argentina 1,2 1,6 2,2 1,2 1,89 1,7 Australia 1,8 1,9 1,8 1,37 1,7 2,1 Brazil 1,8 1,8 1,7 1,16 1,3 1,134 Burkina 1,8 2, 2, 2, 2,3 2,3 9 9 9 9 9 9 Egypt 2,8 2,7 2,6 2,3 2,1 1,716 Ethiopia 6,1 7,2 7,9 7,1 7, 7,2 India 1,6 1,6 1,1 1,3 1,4 1,4 Japan 92 9 91 77 629 669 Mali 9,2 8,6 7,2 8,1 8,6 9,3 Mexico 9 1, 1,2 82 7 Niger 11,4 1,9 9,9 1,4 1,4 9,9 Nigeria,,,, 4,2 3, Sudan 9 89 9 8 89 82 Tanzania 8,341 8,36 13,486 8,1 7,31 6,76 6,12 6,36 6,22 4,26 4,436 2,791 6,96 8,38,81 4,12 4,818 6,24 62,68 64,668 6,36 8,277 9,24 9,4 Ending Stocks 66 6 19 18 161 328 Argentina 32 67 791 16 23 114 Australia 232 232 22 124 113 133 Brazil 234 419 637 928 93 76 469 69 373 217 3 624 Mexico 2 2 2 2 2 2 Nigeria 92 692 697 997 47 313 Sudan 81 1, 892 886 97 978 3,49 3,83 4, 3,48 3,2 3,396 1,466 1,39 1,34 814 1,668 1,446 4,961,22,34 4,362,17 4,842

Regional Sorghum Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 2,932 3,29 1,96 1,17 2,499 2,7 South America 18 76 284 432 666 6 European Union 218 77 1,474,267 66 1 Other Europe 142 2 Middle East 34 47 79 16 8 8 North Africa 39 11 4 3 Sub-Saharan Africa 442 86 17 663 97 6 East Asia 1,4 1,48 1,349 1,196 1,719 1,7 Southeast Asia 7 7 9 31 14 2 8 3 4 Total,249,346,671 9,6,69 6,2 North America 17,412 1,476 12,842 18,836 18,298 16,128 Central America 336 324 329 381 292 321 Caribbean 128 128 128 128 128 128 South America,874 4,794,122,661 4,62 6,26 European Union 499 489 42 2 1 623 Middle East 68 494 671 69 67 67 North Africa 91 91 91 91 91 91 Sub-Saharan Africa 21,27 24,61 26,88 2,28 27,89 27,28 East Asia 2,341 2,4 2,191 1,94 1,82 1,72 South Asia 7,426 7,783 7,3 8,81 7,4 6,14 Southeast Asia 93 9 3 7 6 6 Oceania 2,11 1,929 1,283 3,79 2,671 1,8 Total 8,81 9,82 7,469 66,289 64,43 62,349 Domestic Consumption North America 1,4 13,418 12,112 12,281 16,98 1,296 Central America 3 333 328 369 38 318 Caribbean 128 128 128 128 128 128 South America,684 4,866 4,19 4,719 4,291,217 European Union 68 1,28 6,3 9 7 Middle East 76 8 72 8 74 7 North Africa 91 94 91 924 96 9 Sub-Saharan Africa 22,181 24,846 2,984 2,991 27,34 28,18 East Asia 3,786 3,784 3,47 3,222 3,699 3,6 South Asia 7,387 7,63 7,28 8,3 7,349 6,24 Southeast Asia 78 96 7 61 68 6 Oceania 1,7 1,89 1,2 2,2 1,6 1,2 142 2 Total 8,94 9,211 7,63 6,2 64,14 62,617 Ending Stocks North America 2,7 2,221 1,31 1,713 1,99 1,93 Central America 22 17 18 31 14 17 South America 6 378 393 491 397 976 European Union 241 1 14 71 32 4 Middle East 38 2 19 14 16 21 North Africa 39 39 39 41 29 29 Sub-Saharan Africa 78 1,3 1,41 1,277 1,331 1,161 East Asia 892 1,121 1,42 733 41 36 South Asia 8 26 247 183 243 118 Oceania 114 23 16 791 67 32 23 1 2 1 1 Total 4,842,17 4,362,34,22 4,961 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

World Oats Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Argentina 2 1 2 1 Australia 137 191 41 174 161 1 1,374 1,74 1,921 2,321 1,789 1,7 Chile 29 27 41 17 31 2 36 234 119 133 13 1 Kazakhstan 9 1 Ukraine 17 4 21 6 4 2 8 14 1,924 2,214 2,14 2,691 2,1 2,4 31 4 33 3 38 4 1,9 2,24 2,178 2,744 2,143 2,8 TY Imports Algeria 2 9 1 Bosnia and Herzegovina 6 7 4 3 16 21 18 17 14 1 13 18 9 13 39 2 Colombia 26 26 18 14 2 2 Ecuador 13 14 1 1 2 2 4 Japan 67 9 62 68 46 6 Mexico 3 81 61 131 82 1 Morocco 1 1 Norway 2 1 9 47 1 South Africa 42 18 13 18 2 2 Switzerland 43 6 1 6 2 Turkey 13 3 12 9 1 7 8 3 294 39 338 41 32 37 Unaccounted 32 64 46 9 31 1 1,629 1,831 1,794 2,244 1,787 1,6 1,9 2,24 2,178 2,744 2,143 2,8 TY=Trade Year, see Endnotes.

World Oats, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb 14 8 8 8 8 8 Algeria 29 47 4 3 8 Argentina 1,26 1,2 1,2 748 1,69 1,283 Australia 8 9 6 6 77 Belarus 47 47 47 47 17 433 Brazil 2,8 4,273 4,696 3,82 3,283 3,467 31 344 384 38 42 42 Chile 6 6 6 6 6 6 8,67 8,86 8,634 7,768 7,968 9,146 16 16 16 14 14 14 Kazakhstan 148 148 124 12 127 13 Mexico 24 328 276 248 279 367 Norway,4,8,4 4,9 4, 4,9 Russia 21 2 2 21 27 27 Turkey 73 9 7 8 1, Ukraine 47 47 47 483 466 462 22,86 2,7 24,68 21,686 22,14 24,4 1,31 1,294 1,313 1,37 1,667 1,679 24,211 26,369 2,921 23,43 23,87 2,683 Total Consumption 14 8 86 88 84 8 Algeria 3 4 4 3 Argentina 1,1 1,8 1,33 71 1,48 1,17 Australia 8 9 7 62 7 Belarus 47 47 47 47 1 42 Brazil 1, 1,77 1,933 2,283 1,966 1,978 28 31 3 3 4 4 Chile 62 62 61 61 62 61 8,4 8, 8,6 7,647 7,868 8,719 1 1 1 13 13 13 Kazakhstan 2 21 23 24 17 18 Mexico 3 328 336 33 334 368 Norway,6,4,4 4,9 4,6 4,9 Russia 21 2 213 211 27 292 Turkey 7 9 67 82 97 Ukraine 648 61 63 61 649 641 21,862 21,874 22,312 2,164 2,936 22,12 3,161 2,968 3,161 3,179 3,287 3,297 2,23 24,842 2,473 23,343 24,223 2,399 Ending Stocks 79 84 99 84 8 8 Argentina 1 14 17 189 18 166 Australia 7 7 7 7 Belarus 1,92 1,27 9 6 872 974 18 113 99 11 17 19 964 92 62 79 769 96 384 84 184 186 19 242 Russia 187 29 17 19 164 23 3,44 3,639 2,364 2,11 2,422 2,76 1,4 1,221 969 734 763 841 4,48 4,86 3,333 2,88 3,18 3,61

Regional Oats Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 1,698 1,933 1,873 2,392 1,883 1,71 South America 28 4 33 3 33 3 European Union 1 2 2 4 Other Europe 1 114 114 18 67 1 Former Soviet Union - 12 7 6 Middle East 13 3 12 North Africa 3 6 14 6 1 1 Sub-Saharan Africa 42 18 13 18 2 2 East Asia 8 77 71 81 8 8 Oceania Total 1,923 2,19 2,132 2,64 2,112 1,97 North America,249,77,361 6,133,71 4,299 South America 1,397 1,316 1,33 1,32 1,132 1,326 European Union 9,146 7,968 7,768 8,634 8,86 8,67 Other Europe 636 6 2 3 6 22 Former Soviet Union - 12 6,87 6,98 6,296 6,71 7,81 7,9 Middle East 27 27 21 2 2 21 North Africa 11 11 11 11 11 17 Sub-Saharan Africa 4 4 4 4 4 4 East Asia 62 62 62 62 62 62 Oceania 1,38 1,76 823 1,77 1,28 1,33 Total 2,683 23,87 23,43 2,921 26,369 24,211 Domestic Consumption North America,46,428,77,329 4,948 4,961 South America 1,382 1,333 1,33 1,33 1,143 1,331 European Union 8,719 7,868 7,647 8,6 8, 8,4 Other Europe 687 666 63 676 6 632 Former Soviet Union - 12 6,72 6,193 6,266 6,68 7,36 7,3 Middle East 292 27 211 213 2 21 North Africa 11 11 123 121 12 18 Sub-Saharan Africa 8 7 6 7 7 East Asia 68 68 68 68 67 68 Oceania 1,2 1, 78 1,41 1,16 1,17 Total 2,38 24,183 23,417 2,149 24,836 24,94 Ending Stocks North America 1,821 1,644 1,298 1,927 2,7 2,11 South America 12 119 119 127 11 18 European Union 96 769 79 62 92 964 Other Europe 4 4 4 38 1 46 Former Soviet Union - 12 43 31 321 317 761 41 Middle East North Africa 1 1 1 1 1 1 Sub-Saharan Africa 26 14 12 2 2 2 East Asia 113 112 1 13 11 112 Oceania 166 18 189 17 14 1 Total 3,61 3,18 2,88 3,333 4,86 4,48 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.

World Rye Trade October/September Year, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb TY Exports Belarus 7 123 141 27 167 7 12 677 381 313 9 114 12 Russia 64 86 14 Ukraine 122 49 6 1 3 972 621 634 39 29 36 2 1 2 8 6 1 974 622 636 398 26 37 TY Imports 6 2 36 88 8 2 Israel 111 12 71 7 1 2 Japan 261 279 28 83 7 1 Korea, South 8 7 8 6 7 Norway 13 4 16 4 2 2 Switzerland 2 9 4 4 4 Turkey 61 2 18 16 1 189 72 18 2 61 477 429 21 116 19 Unaccounted 149 1 71 36 41 174 13 136 12 18 12 974 622 636 398 26 37 TY=Trade Year, see Endnotes.

World Rye, Consumption, and Stocks Local Marketing Years, Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 29/1 Feb Argentina 89 77 Belarus 1,4 1,1 1,2 1,3 1,6 1,7 398 33 383 22 316 28 1,31 7,688 6,41 7,679 9,234 9,3 Russia 2,8 3,6 3, 3,9 4, 4,3 Turkey 27 27 271 26 2 27 Ukraine 1,6 1, 6 1, 9 188 186 169 19 198 177 16,826 14,329 12,219 14,213 17,23 17,23 21 191 183 16 23 178 17,36 14,2 12,42 14,373 17,46 17,413 Total Consumption Argentina 89 77 Belarus 1,2 1,1 1,2 1,2 1, 1,6 174 18 243 143 147 16 1,13 8,62 7,4 7,3 8,7 9,4 Japan 261 279 28 9 6 9 Kazakhstan 47 Norway 39 42 47 68 47 Russia 3,3 3,6 3,1 3,7 4,2 4,3 Turkey 329 277 276 281 2 28 Ukraine 1,3 1, 8 9 9 23 238 176 121 12 13 17,24 1,42 13,744 13,676 16,214 17,12 344 332 337 33 292 29 17,89 1,784 14,81 14,11 16,6 17,41 Ending Stocks Belarus 239 239 189 214 264 314 14 18 117 3 128 128 3,16 1,874 616 1,13 1,442 1,44 Japan 2 2 2 13 1 1 Russia 77 126 32 63 297 247 Ukraine 336 267 6 6 19 149 1 1 3,974 2,712 1,39 1,43 2,3 2,298 2 18 12 1 13 13 3,994 2,73 1,1 1,413 2,313 2,311

Regional Rye Imports,, Consumption, and Stocks Thousand Metric Tons 24/ 2/6 26/7 27/8 28/9 Feb 29/1 TY Imports North America 174 13 136 12 18 13 South America European Union 6 2 36 88 8 2 Other Europe 17 14 22 1 24 2 Former Soviet Union - 12 187 71 16 Middle East 172 14 89 23 2 3 Sub-Saharan Africa East Asia 269 286 266 89 64 1 Oceania Total 82 67 6 362 224 32 North America 68 21 66 412 19 48 South America 94 64 61 83 61 61 European Union 1,31 7,688 6,41 7,679 9,234 9,3 Other Europe 11 14 9 111 119 98 Former Soviet Union - 12,9,8 4,8,8 7,2 7, Middle East 27 27 271 26 2 27 Sub-Saharan Africa 3 3 3 3 3 3 East Asia Oceania 2 2 2 2 2 2 Total 17,36 14,2 12,42 14,373 17,46 17,413 Domestic Consumption North America 18 49 8 478 439 4 South America 94 64 61 83 61 61 European Union 1,13 8,62 7,4 7,3 8,7 9,4 Other Europe 128 121 11 126 142 123 Former Soviet Union - 12,91,81,1,47 6,7 6,9 Middle East 44 379 347 288 27 3 Sub-Saharan Africa 3 3 3 3 3 3 East Asia 269 286 266 96 67 1 Oceania 2 2 2 2 2 2 Total 17,17 1,798 13,937 13,941 16,42 17,367 Ending Stocks North America 16 23 129 4 141 141 South America European Union 3,16 1,874 616 1,13 1,442 1,44 Other Europe 1 1 Former Soviet Union - 12 62 632 286 342 72 71 Middle East Sub-Saharan Africa East Asia 2 2 2 13 1 1 Oceania Total 3,994 2,73 1,1 1,413 2,313 2,311 NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are reported using local marketing years.