barley prices fail to curb china’s demanduga.ua/wp-content/uploads/grain-market-03-08-2018.pdf ·...

United States Department of Agriculture Foreign Agricultural Service

Approved by the World Agricultural Outlook Board/USDA

March 2018

Barley Prices Fail to Curb China’s Demand

China’s resurgent demand and lower global barley production are driving prices to their highest point in nearly 3 years. Demand has particularly surged in the Chinese province of Guangdong (the origin for half of China’s imports) where imported barley is used as a profitable energy component relative to other feedstuffs. Robust malting demand in interior provinces has also contributed to resilient imports. In addition to China, Saudi Arabia’s relatively inelastic demand and the lowest projected global stocks in more than 30 years are also driving prices upward. Saudi Arabia, typically the world’s largest barley importer, is expected to continue its strong presence by accounting for nearly a third of world imports this year. China’s imports began to surge at the start of 2017/18 with low global prices, as a record Australian barley crop drove prices downward (see last year’s report here). The combination of Australia’s record 2016/17 crop and a free trade agreement with China (effective December 2015) made the feedstuff a lucrative import. Since that period, however, Western Australia’s March FOB prices for barley have surged almost $80/ton (while wheat climbed $50/ton). Ever so, China’s imports are raised this month as its demand has shown little signs of waning but are still forecast lower than last year amid tighter global supplies. As a result of robust global demand and lower world production, ending stocks in all major exporting countries are projected down by year’s end. Current projections have global stocks down more than a third compared to 2 years ago. China’s resurging presence has greatly influenced barley prices since last year, even as they fail to deter its robust imports.

0

2

4

6

8

10

12

14

2015/16 2016/17 2017/18

Canada

Ukraine

Russia

EU

Australia

Argentina

Exporters’ Stocks Fall

$/MT

MMTs

For email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

$120

$140

$160

$180

$200

$220

$240

$260

Argentina Australia (Adelaide)

Black Sea France (Rouen)

http://usda.mannlib.cornell.edu/usda/fas/grain-market/2010s/2017/grain-market-04-11-2017.pdf

http://www.fas.usda.gov/data/grain-world-markets-and-trade

https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

2

TABLE OF CONTENTS

World Markets and Trade: Commentary and Current Data Wheat ................................................................................................................. 4

Rice .................................................................................................................. 10

Coarse Grains ................................................................................................... 16

Historical Data Series for Selected Regions and Countries ............................ 36

Endnotes to Grain: World Markets and Trade ............................................... 55

The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD)

database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply

and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m.

To download the tables in the publication, go to Production, Supply and Distribution Database

(PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and

Click the plus sign [+] next to Grains.

FAS Reports and Databases:

Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

Archives World Markets and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7

Production, Supply and Distribution Database (PSD Online):

http://apps.fas.usda.gov/psdonline/psdHome.aspx

Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx

Export Sales Report:

http://apps.fas.usda.gov/esrquery/

Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx

Other USDA Reports:

World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/

Economic Research Service:

http://www.ers.usda.gov/topics/crops

National Agricultural Statistics Service:

http://www.nass.usda.gov/Publications/

Foreign Agricultural Service/USDA March 2018Office of Global Analysis


http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7


http://apps.fas.usda.gov/gats/default.aspx

http://apps.fas.usda.gov/esrquery/

http://gain.fas.usda.gov/Pages/Default.aspx

http://www.usda.gov/oce/commodity/wasde/

http://www.ers.usda.gov/topics/crops

http://www.nass.usda.gov/Publications/

All Grain Summary Comparison

Million Metric Tons

Marketing Year

Wheat Rice, Milled Corn

2017/182016/172015/162017/182016/172015/162017/182016/172015/16

Production

United States (Jun-May) 56.1 62.8 47.4 6.1 7.1 5.7 345.5 384.8 371.0

Other 679.1 687.7 711.4 466.8 479.1 480.6 628.0 690.4 670.7

World Total 735.2 750.5 758.8 472.9 486.2 486.3 973.5 1,075.2 1,041.7

Domestic Consumption


Other 677.1 703.5 711.8 462.5 472.1 476.0 688.9 720.4 746.2

World Total 709.0 735.3 742.2 466.1 476.3 479.8 987.7 1,034.3 1,066.1

Ending Stocks


Other 214.9 220.5 240.8 131.2 135.8 142.2 170.9 173.6 145.2

World Total 241.5 252.6 268.9 132.7 137.3 143.1 215.0 231.9 199.2

TY Imports


Other 165.6 175.9 177.6 36.8 43.8 43.9 136.6 138.1 147.4

World Total 168.7 179.2 181.8 37.6 44.6 44.7 138.4 139.6 148.7

TY Exports


Other 150.2 152.7 159.9 36.8 44.3 44.6 93.7 86.2 95.6

World Total 172.0 182.2 184.4 40.2 47.7 47.9 144.9 141.7 151.6

Note: Consumption in this table has not been adjusted for differences in marketing year imports and

exports and therefore differs from global totals shown elsewhere.Marketing years for U.S. grains are:

Wheat (Jun-May), Rice (Aug-Jul), Corn (Sep-Aug).'Marketing Year' column is germane for U.S. wheat

only.


4

WHEAT: WORLD MARKETS AND TRADE OVERVIEW For 2017/18, record global production is little changed this month. Global trade, already at a record, is forecast up from last month. Imports are forecast up for Bangladesh, Kenya, Turkey, and Vietnam, more than offsetting cuts for India and South Korea. Higher exports for Argentina, Pakistan, Russia, and Ukraine more than offset lower forecasts for the European Union and the United States. The U.S. season-average farm price is raised $0.05 to $4.65 per bushel. PRICES

Domestic: Overall, most U.S. wheat prices rose during February on concerns of drought conditions in Hard Red Winter (HRW) areas. These stronger prices make U.S. wheat less competitive globally in light of fierce export competition from Argentina and Russia. HRW jumped $15/ton to $255, while Soft Red Winter (SRW) surged $19/ton to $213. Soft White Wheat (SWW) gained $14/ton to $217. Conversely, Hard Red Spring (HRS) remained unchanged at $278/ton, with a sharply lower premium over HRW. Contributing to the relative weakness of the HRS price is the expectation of more planted area of this class in 2018/19. The price spread between HRS and HRW has changed dramatically during the current year, after reaching more than $100/ton in July 2017 when drought in the Northern Plains severely impacted the HRS crop. As weather concerns have shifted from spring wheat areas to winter wheat areas, the price spread has narrowed considerably to only $23/ton.

160180200220240260280300320340360380

$/M

T

U.S. Daily FOB Export Bids

HRW SRW SWW HRS


5

FEATURE Turkey and Kazakhstan Top Global Wheat Flour Exporters

Most of the world’s wheat trade is in the form of grain due to the greater perishability of flour as well as the desire to mill in-country and capture value-added benefits domestically. Some countries even have disproportionately higher tariffs on wheat flour to encourage wheat grain imports. Still, there are a few countries that import large volumes of wheat flour, often due to limited domestic milling capacity. Kazakhstan was the largest flour exporter for several years following the removal of EU wheat flour export subsidies. Turkey surpassed Kazakhstan in 2012/13 and has been the world leader ever since. Kazakhstan’s largest markets are mainly in Central Asia – Afghanistan, Uzbekistan, and Tajikistan. Afghanistan, which accounts for most of these exports in the last 2 years, continues to import flour as its recently expanded milling capacity remains insufficient to meet demand. Kazakhstan has a well-established relationship with these markets, which together account for more than 90 percent of its flour exports. Turkey, on the other hand, exports to a wider variety of markets. Turkey’s flour exports have become globally relevant due in part to its Inward Processing Regime (IPR). This policy improves the competitiveness of Turkish flour exports, as high domestic wheat prices would otherwise make exporting economically difficult. Under the IPR, flour exporters are able to import wheat (for processing and re-export) without the 130-percent duty that would otherwise be assessed. Milling by-products such as bran are valuable in the domestic market, which further contributes to the profitability of flour exports. These exports have been challenged in the last few years by importing country policies. For example, the Philippines and Indonesia were once major flour markets for Turkey, but have since imposed duties to prevent economic harm to their domestic millers. As exports to those countries have declined, Turkey has expanded shipments to Iraq, Sudan, and Syria. Turkish wheat flour continues to find a home in growing markets where milling capacity is underdeveloped or where domestically-milled flour is higher in price. Turkey is expected to continue dominating global trade in wheat flour for the foreseeable future.

0.00.51.01.52.02.53.03.54.04.55.0

2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2016/17Jul-Dec

2017/18Jul-Dec

MM

T

Wheat Flour Exports (Grain Equivalent)

Kazakhstan Turkey


6

TRADE CHANGES IN 2017/18 (1,000 MT)

Country Attribute Previous Current Change Reason

Argentina Exports 13,700 14,000 300 Fast pace of shipments and competitive pricing

Bangladesh Imports 6,200 6,400 200 Strong demand for food use

European Union

Exports 26,000 25,000 -1,000 Slower-than-expected pace in the face of intensified competition from Russia

India Imports 2,000 1,500 -500 High import tariff level slowing imports

Kenya Imports 1,800 2,100 300 Growing consumption as indicated by the rapid pace of imports

Korea, South Imports 4,600 4,400 -200 Slower pace of trade

Pakistan Exports 1,000 1,200 200 Government policy subsidizing exports

Russia Exports 36,000 37,500 1,500 Unrelenting pace of shipments

Turkey Imports 4,500 5,500 1,000 Large purchases from Russia

Ukraine Exports 17,000 17,200 200 Pace of trade to Southeast Asia

United States Exports 25,000 24,500 -500 Sluggish pace of sales and uncompetitive pricing, particularly HRW and HRS

Vietnam Imports 4,000 4,200 200 Stronger consumption as indicated by the fast pace of trade


World Wheat, Flour, and Products Trade

July/June Year, Thousand Metric Tons

2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

14,00013,70012,2758,7504,2001,675 Argentina

17,50017,50022,06115,78016,57518,339 Australia

22,50022,50020,23522,11824,88322,156 Canada

25,00026,00027,31934,68635,45532,032 European Union

7,5007,5007,2507,6005,5078,000 Kazakhstan

1,2001,2001,1191,5681,1041,322 Mexico

1,2001,000600600700750 Pakistan

37,50036,00027,80925,54322,80018,609 Russia

6,5006,5006,1775,6054,1354,293 Turkey

17,20017,00018,10717,43111,2699,755 Ukraine

9,8099,6899,80210,51412,24914,019 Others

159,909158,589152,754150,195138,877130,950 Subtotal

24,50025,00029,48821,81123,02331,529 United States

184,409183,589182,242172,006161,900162,479 World Total

none

TY Imports

2,6002,6002,7002,7002,0002,050 Afghanistan

7,7007,7008,4148,1537,2577,484 Algeria

6,4006,2005,5564,7203,9293,354 Bangladesh

7,8007,8007,7885,9225,8697,061 Brazil

4,0004,0004,4103,4761,9266,773 China

2,1502,1502,1102,0321,6271,746 Colombia

12,00012,00011,23611,92511,30010,150 Egypt

5,5005,5005,2866,9165,9793,976 European Union

12,50012,50010,17610,0457,4777,391 Indonesia

3,6003,5002,4472,2182,2533,246 Iraq

5,8005,8005,9115,7155,8786,123 Japan

2,1001,8001,7741,6341,5071,473 Kenya

4,4004,6004,6674,4203,9424,288 Korea, South

5,2005,2005,3704,8054,4714,639 Mexico

4,8004,8005,1914,5034,0863,928 Morocco

5,2005,2004,9724,4104,2444,580 Nigeria

2,1002,1001,9611,8791,9221,853 Peru

5,6005,6005,7044,9185,0543,476 Philippines

3,3003,3003,7162,9313,4993,441 Saudi Arabia

2,6002,6002,4582,0212,6322,664 Sudan

3,0003,0003,6894,8723,4921,759 Thailand

5,5004,5004,5424,4055,9604,147 Turkey

2,8002,8002,7002,6622,2302,224 Uzbekistan

4,2004,0005,5463,0702,2922,157 Vietnam

3,4003,4003,2783,3323,2453,425 Yemen

53,33153,49154,33151,96850,81252,030 Others

177,581176,141175,933165,652154,883155,438 Subtotal

2,6283,2483,0123,3003,0282,256 Unaccounted

4,2004,2003,2973,0543,9894,785 United States

184,409183,589182,242172,006161,900162,479 World Total

TY=Trade Year, see Endnotes.


World Wheat Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

18,00018,00018,40011,30013,93010,500 Argentina

21,50021,50030,36322,27523,74325,303 Australia

30,00030,00031,72927,59429,42037,530 Canada

129,770130,000128,845130,190126,208121,930 China

8,1008,1008,1008,1008,3008,250 Egypt

151,600151,600145,248160,480156,912144,583 European Union

98,51098,38087,00086,53095,85093,506 India

15,00015,00015,50015,00013,00014,500 Iran

14,80214,00014,98513,74812,99613,941 Kazakhstan

6,2506,2502,7318,0645,1166,934 Morocco

26,50026,50025,63325,08625,97924,211 Pakistan

84,99285,00072,52961,04459,08052,091 Russia

21,00021,00017,25019,50015,25018,750 Turkey

26,98126,98126,79127,27424,75022,278 Ukraine

7,2007,2007,2007,2007,1506,800 Uzbekistan

51,21351,36555,36955,70355,34055,895 Others

711,418710,876687,673679,088673,024657,002 Subtotal

47,37147,37162,83356,11755,14758,105 United States

758,789758,247750,506735,205728,171715,107 World Total

none

Total Consumption

10,45010,45010,35010,25010,0509,850 Algeria

12,10012,10012,20011,10010,70011,400 Brazil

8,7008,70010,4177,9199,0969,395 Canada

117,000117,000118,500112,000116,500116,500 China

19,70019,70019,40019,20019,10018,500 Egypt

128,750128,750128,000129,850124,677117,300 European Union

98,000100,00097,12088,55193,10293,848 India

11,30011,30010,0009,1007,3657,165 Indonesia

18,35018,35018,10017,80017,50017,000 Iran

10,30010,30010,2009,8009,0009,000 Morocco

25,00025,00024,50024,40024,50024,100 Pakistan

45,00045,00040,00037,00035,50034,100 Russia

17,90017,90017,40018,00017,50017,750 Turkey

9,9009,90010,30012,20011,50011,500 Ukraine

9,9009,9009,7009,3508,9008,400 Uzbekistan

169,469168,654167,383160,497154,178150,804 Others

712,103714,389707,638679,667673,813664,011 Subtotal

30,40030,40031,75331,94231,32834,260 United States

742,503744,789739,391711,609705,141698,271 World Total

none

Ending Stocks

6,1356,1356,8355,1787,10110,398 Canada

126,819127,049111,04997,04276,10565,274 China

14,12213,12210,77215,55712,6979,938 European Union

11,3109,6809,80014,54017,22017,830 India

5,1945,1944,5446,8564,2814,317 Morocco

4,6814,8624,3513,8153,7102,191 Pakistan

13,82215,33010,8305,6076,2875,177 Russia

58,66157,25962,29266,34270,01563,673 Others

240,744238,631220,473214,937197,416178,798 Subtotal

28,14627,46532,13126,55220,47716,065 United States

268,890266,096252,604241,489217,893194,863 World Total


Regional Wheat Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

9,839 North America 9,004 8,373 9,173 9,900 9,900

1,833 Central America 1,834 1,834 1,993 2,025 2,025

14,678 South America 13,217 13,437 16,276 16,470 16,470

3,976 European Union - 28 5,979 6,916 5,286 5,500 5,500

1,858 Other Europe 1,760 1,828 1,970 1,860 1,860

7,528 Former Soviet Union - 12 7,678 7,402 7,358 8,025 8,075

28,447 Middle East 26,928 24,499 22,774 23,520 24,570

25,246 North Africa 25,430 27,873 28,334 27,850 27,850

20,405 Sub-Saharan Africa 20,963 22,865 22,223 24,905 25,520

19,465 East Asia 14,114 16,226 17,355 16,920 16,720

6,722 South Asia 8,164 8,823 15,469 11,971 11,671

17,176 Southeast Asia 20,576 25,483 27,761 27,950 28,150

3,050 Others 3,225 3,147 3,258 3,445 3,470

160,223 Total 158,872 168,706 179,230 180,341 181,781

Production none

98,992 North America 88,237 87,422 98,427 80,871 80,871

19,803 South America 24,581 21,601 28,643 25,038 25,052

144,583 European Union - 28 156,912 160,480 145,248 151,600 151,600

4,228 Other Europe 4,088 4,359 4,749 4,235 4,235


41,708 Middle East 35,414 42,905 39,791 42,615 42,615

19,661 North Africa 17,029 19,976 14,081 18,150 18,150


123,248 East Asia 127,650 131,515 130,148 131,454 131,224

125,917 South Asia 130,057 119,662 120,721 132,890 133,020

25,751 Oceania 24,157 22,689 30,822 21,920 21,909

188 Others 187 199 181 171 171

715,107 Total 728,171 735,205 750,506 758,247 758,789

Domestic Consumption none

50,305 North America 47,274 46,861 50,070 46,800 46,800

27,421 South America 27,115 27,745 28,615 28,790 28,840

117,300 European Union - 28 124,677 129,850 128,000 128,750 128,750

4,857 Other Europe 4,875 4,935 5,035 5,035 5,035


58,764 Middle East 58,357 60,110 60,436 62,215 62,290

42,475 North Africa 42,726 43,666 44,570 45,075 45,075


130,201 East Asia 129,523 125,274 132,255 130,615 130,515

132,041 South Asia 132,306 128,914 139,104 143,121 141,221

16,610 Southeast Asia 19,295 23,131 26,375 25,905 26,105

8,280 Oceania 8,564 8,505 8,740 8,220 8,220

3,480 Others 3,574 3,582 3,834 3,930 3,955

690,872 Total 700,496 708,959 735,323 743,404 742,219

Ending Stocks none

26,988 North America 28,290 32,390 39,842 34,276 34,957

6,622 South America 8,545 4,129 4,712 3,972 3,820

9,938 European Union - 28 12,697 15,557 10,772 13,122 14,122

1,009 Other Europe 1,321 1,598 1,959 1,739 1,739


18,834 Middle East 18,474 19,868 15,957 12,492 13,417

14,045 North Africa 13,216 16,628 13,924 14,164 14,114


68,314 East Asia 79,217 100,404 114,270 130,399 130,069

21,661 South Asia 23,109 21,026 16,656 16,767 18,316

3,491 Southeast Asia 3,921 5,413 5,857 6,902 6,902

4,861 Oceania 4,960 4,115 4,610 3,424 3,489

424 Others 445 418 438 434 424

194,863 Total 217,893 241,489 252,604 266,096 268,890

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.


10

RICE: WORLD MARKETS AND TRADE

OVERVIEW

Global rice production is at a record this month, primarily due to higher production in India.

Trade, too, is now at a record, with higher imports forecast for Sri Lanka in the midst of a

smaller-than-expected crop. India’s exports are raised to record levels. Global stocks are up this

month on higher production in India.

PRICES

Over the past month, U.S. export quotes for bagged milled rice rose relative to Western

Hemisphere and Asian origins. U.S. quotes rose $5/ton to $590, reflecting tightening supplies.

Meanwhile, South American quotes dropped as new crop begins to be harvested in some regions

with Uruguay now nearly $70/ton less than the United States. Asian quotes declined as

Indonesia’s demand subsided, but Vietnamese quotes fell the most with new crop becoming

available. Quotes from Thailand, India, and Vietnam are currently trading within a narrow range

of $410-$420/ton. Pakistan rice is currently the lowest quote at $385/ton.

300

350

400

450

500

550

600

$/MT U.S. Quotes Rise Relative to Asia and South America

U.S. #2/4 (long-grain) THAI 100B VIETNAM 5%

INDIA 5% PAKISTAN 5% URUGUAY 5%


11

FEATURES

Paraguay Emerges as Rice Exporter, Shifting Trade Flows in South America and Beyond

Over the past decade, Paraguay’s rice production has quadrupled, driving it to find export

opportunities. Accordingly, its rice exports have risen six-fold over the same period. Paraguay’s

recent dominance of the Brazil rice import market has caused Uruguay and Argentina to find

new markets in Latin America, Africa, and the Middle East.

Among the major producers in South

America, Brazil is the only country that

not only exports but also imports rice.

This is fortunate for neighboring

landlocked Paraguay, which has the

logistical advantage of supplying this

nearby market. The dependence on this

one market is so extreme that last year,

Paraguay shipped nearly 80 percent of its

exports to Brazil.

Paraguay’s dominance of the Brazilian

market has had ripple effects on a global

scale. Only 10 years ago, Uruguay and

Argentina supplied more than 80 percent

of Brazil’s rice imports. Last year as Paraguay’s share expanded, these two suppliers’ share

declined to roughly 40 percent. Paraguay’s increased dominance in the Brazilian market has

intensified competition, impelling Uruguay and Argentina to find new markets.

These two countries have been able to capitalize on their port capacities to ship further distances

and expand markets abroad. For example, they have been able to ship to West Africa and Iraq,

and their expansion into Latin American markets has been remarkable. Peru is now the top

export market for Uruguayan rice. Both countries have shipped to Cuba and have seen

considerable growth in their exports to traditional U.S. markets such as Mexico and Costa Rica

in the last decade.

-

0.5

1.0

1.5

2.0

2.5

3.0

3.5

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

MMT Rice Exports to the World

Argentina

Brazil

Uruguay

Paraguay

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Market Share of Brazil's Rice Imports

Paraguay Uruguay Argentina Other


12

Global Rice Trade Hits Record with Shifting Suppliers

Global rice trade is now forecast at a record 47.9 million tons for 2018, but the composition of

suppliers is expected to change from last year. For the seventh consecutive year, India is forecast

to be the top exporter, reaching a record 13.0 million tons. With record production and ample

stocks, there is no threat of the government curtailing non-basmati exports as it did from 2007 to

2011. Instead, the forecast is for robust basmati and non-basmati exports, primarily to the Asian,

African, and Middle Eastern regions.

In contrast, Thai exports are forecast at 10.2 million tons for 2018, down over 12 percent from

last year. In 2017, exports were aided by the rapid pace of sales from old-crop rice auctions of

government stocks. In the current year, the government is nearing depletion of these stocks,

while the private sector is expected to return to its role of maintaining adequate levels of pipeline

reserves. Vietnam’s exports are seen slightly higher at 6.7 million tons, reflecting continued

strong sales to China and expanded opportunities for supplying affordably priced rice to the

region. Other exporters are also expected to edge up, with China in particular accelerating sales

to African countries.

TRADE CHANGES IN 2018 (1,000 MT)


India Exports 12,500 13,000 500 Greater exportable supplies and

competitiveness

Sri Lanka Imports 400 500 100 Reduced crop forecast

TRADE CHANGES IN 2017 (1,000 MT)


Burma Exports 3,200 3,350 150 Final trade data

0

2

4

6

8

10

12

14

16

18

20

India Thailand Vietnam Other

MM

T

Rice Exports

2017

2018


World Rice Trade

January/December Year, Thousand Metric Tons

2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

400430392527310494 Argentina

325325187165323404 Australia

650650594641895852 Brazil

3,3003,3003,3501,3001,7351,688 Burma

1,2501,2501,1501,1501,1501,000 Cambodia

1,6001,6001,173368262393 China

280280320270251284 European Union

460460440431486446 Guyana

13,00012,50012,30010,04011,04611,588 India

3,8003,8003,6004,1004,0003,700 Pakistan

520520500557371380 Paraguay

160160180198163187 Russia

10,20010,20011,6159,8679,77910,969 Thailand

8108101,000996718957 Uruguay

6,7006,7006,4885,0886,6066,325 Vietnam

1,1041,0721,0761,1341,1731,509 Others

44,55944,05744,36536,83239,26841,176 Subtotal

3,3003,3003,3843,3733,3812,947 United States

47,85947,35747,74940,20542,64944,123 World Total

none

TY Imports

650650525470450500 Angola

1,6001,6002,200355981,335 Bangladesh

600600800786363586 Brazil

575575550500500525 Cameroon

5,5005,5005,5004,6005,1504,450 China

1,5001,5001,3501,3001,150950 Cote d'Ivoire

540540500544575377 Cuba

1,9001,9001,8751,8161,7861,556 European Union

600600600700580590 Ghana

800800725650420520 Guinea

8008003001,0001,3501,225 Indonesia

1,3001,3001,6001,1001,3001,400 Iran

1,1001,1001,0709301,0001,080 Iraq

685685685685688669 Japan

700700675500450440 Kenya

9009001,0008231,051989 Malaysia

850850870731719685 Mexico

700700750625575590 Mozambique

600600550530530520 Nepal

2,6002,6002,5002,1002,1003,200 Nigeria

1,3001,3001,1008002,0001,800 Philippines

1,4501,4501,4001,3001,6011,459 Saudi Arabia

1,1001,1001,000980990960 Senegal

9509501,000954912910 South Africa

825825750670580560 United Arab Emirates

13,77013,62213,88811,71412,00812,516 Others

43,89543,74743,76336,84339,42640,392 Subtotal

3,1892,8353,1992,5942,4662,976 Unaccounted

775775787768757755 United States

47,85947,35747,74940,20542,64944,123 World Total

TY=Trade Year, see Endnotes. Note about dates: 2017/18 is calendar year 2018, 2016/17 is calendar year 2017, and so on.


World Rice Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Milled Production

32,65032,65034,57834,50034,50034,390 Bangladesh

7,8207,8208,3837,2108,4658,300 Brazil

12,95012,95012,65012,16012,60011,957 Burma

5,0005,0004,9504,8474,7004,725 Cambodia

145,989146,000144,953145,770144,560142,530 China

4,3004,3004,8004,0004,5304,750 Egypt

110,000107,500109,700104,408105,482106,646 India

37,00037,00036,85836,20035,56036,300 Indonesia

7,6007,6007,7807,6707,8497,931 Japan

3,9723,9724,1974,3274,2414,230 Korea, South

3,6543,6543,6543,5283,4653,038 Nigeria

7,2007,2006,8506,8007,0036,798 Pakistan

11,97011,97011,68611,00011,91511,858 Philippines

20,40020,40019,20015,80018,75020,460 Thailand

28,45028,45027,40027,58428,16628,161 Vietnam

41,64842,20641,39741,00640,60140,514 Others

480,603478,672479,036466,810472,387472,588 Subtotal

5,6595,6597,1176,1337,1066,117 United States

486,262484,331486,153472,943479,493478,705 World Total

none

Consumption and Residual

35,00035,00035,00035,10035,10034,900 Bangladesh

8,0258,0258,1007,9007,9257,900 Brazil

10,00010,00010,00010,40010,50010,450 Burma

3,7503,7503,7503,7003,6153,650 Cambodia

142,700142,700141,448140,799140,334139,770 China

4,4004,4004,3003,9004,0004,000 Egypt

97,55097,55096,33093,56898,24498,727 India

37,40037,40037,50037,80038,30038,500 Indonesia

8,4508,4508,5008,6008,6008,380 Japan

4,8704,8704,7064,2124,1974,422 Korea, South

3,8503,8503,7543,3533,7703,831 Nepal

6,4006,4006,2006,0005,9005,800 Nigeria

12,90012,90012,90012,90013,00012,850 Philippines

11,50011,50012,0009,10010,00010,600 Thailand

22,10022,10022,00022,50022,00022,000 Vietnam

67,05267,59965,60362,69061,92061,409 Others

476,674476,967477,412464,534469,372471,505 Subtotal

3,8113,8114,1713,5804,2843,978 United States

480,485480,778481,583468,114473,656475,483 World Total

none

Ending Stocks

1,7951,7958491,2051,592966 Bangladesh

93,98994,00086,50078,50069,00060,500 China

20,00018,00020,55018,40017,80022,800 India

3,5633,5273,1653,5094,1115,501 Indonesia

2,2372,2372,4622,5522,8213,007 Japan

2,3662,3661,9962,1102,4101,695 Philippines

3,1883,1894,2388,40311,27011,999 Thailand

14,99814,75416,06316,56117,33014,556 Others

142,136139,868135,823131,240126,334121,024 Subtotal

9269261,4621,4751,5521,025 United States

143,062140,794137,285132,715127,886122,049 World Total

Note: All data are reported on a milled basis.


Regional Rice Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

1,801 North America 1,838 1,855 2,018 1,995 1,995

900 Caribbean 1,158 1,120 1,201 1,220 1,220

1,814 South America 1,686 2,015 1,904 1,596 1,644

132 Other Europe 128 136 140 140 140

626 Former Soviet Union - 12 571 457 616 605 605

6,711 Middle East 6,464 5,723 6,685 6,635 6,635

470 North Africa 396 483 565 485 485


6,044 East Asia 6,686 6,097 7,158 7,146 7,146

2,576 South Asia 1,693 945 3,930 3,050 3,150

5,023 Southeast Asia 5,677 3,883 3,653 4,155 4,155

1,556 European Union 1,786 1,816 1,875 1,900 1,900

41,147 Total 40,183 37,611 44,550 44,522 44,670

Production none

6,248 North America 7,285 6,289 7,292 5,847 5,847

1,054 Caribbean 979 865 983 933 1,021

16,519 South America 16,783 15,766 16,698 16,441 16,425

1,937 European Union - 28 1,954 2,050 2,068 2,090 2,090


2,417 Middle East 2,245 2,392 2,455 2,475 2,475

4,776 North Africa 4,553 4,044 4,837 4,340 4,340


157,701 East Asia 159,486 160,179 159,674 160,266 160,255

154,255 South Asia 153,259 152,263 156,695 153,825 155,705

116,867 Southeast Asia 115,367 111,317 116,515 119,591 119,591

478,705 Total 479,493 472,943 486,153 484,331 486,262


5,217 North America 5,522 4,814 5,448 5,101 5,101

1,195 Central America 1,199 1,301 1,318 1,342 1,334

1,981 Caribbean 2,035 1,988 2,068 2,173 2,173

14,818 South America 14,980 15,067 15,107 15,450 15,223

3,250 European Union - 28 3,400 3,550 3,650 3,750 3,750


9,140 Middle East 9,000 8,569 8,938 9,205 9,205

4,452 North Africa 4,407 4,279 4,774 4,875 4,875


156,184 East Asia 156,400 156,433 157,829 159,135 159,135

143,331 South Asia 143,183 138,819 141,950 143,775 143,475

102,763 Southeast Asia 102,357 101,520 103,354 102,876 102,876

471,167 Total 471,689 466,102 476,262 480,305 479,758

Ending Stocks none

1,184 North America 1,717 1,602 1,631 1,123 1,123

201 Central America 219 267 266 261 262

264 Caribbean 223 231 288 161 346

1,852 South America 2,211 1,693 1,907 1,816 1,939

1,163 European Union - 28 1,151 1,183 1,115 1,075 1,075

1,777 Middle East 1,742 1,134 1,279 1,114 1,134

610 North Africa 924 924 1,474 1,324 1,324


64,694 East Asia 73,483 83,126 90,994 97,828 97,817

24,920 South Asia 21,531 21,574 23,075 21,563 23,546

21,976 Southeast Asia 21,060 18,008 12,122 11,430 11,415

241 Oceania 223 77 208 259 239

122,049 Total 127,886 132,715 137,285 140,794 143,062




16

140

150

160

170

180

190

200

$/M

T

Corn Daily FOB Export Bids

Argentina Up River Black Sea Brazil Paranagua US Gulf

COARSE GRAINS: WORLD MARKETS AND TRADE

OVERVIEW There are few changes this month for 2017/18 global corn supply and use. Global corn production is largely unchanged as gains for the European Union, India, and South Africa virtually offset reductions for Argentina, Brazil, and Russia. Global corn trade is marginally higher, driven by larger imports for Canada and China. India’s imports are forecast lower with prospects for a record rabi crop. U.S. corn exports are forecast higher, reflecting competitive prices and continued strong foreign demand, while exports for Argentina and Brazil are cut. The U.S. season-average farm price is raised $0.05 to $3.35 per bushel at the midpoint.

PRICES Global corn prices have continued their strong upward march since the previous WASDE. Argentine bids soared $19/ton to $186 amid continued weather concerns in Argentina. Brazil bids are seasonally unavailable. Black Sea bids were up $18/ton to $193 on strong overseas demand. U.S. quotes also rose $18/ton to $183 mainly due to Mississippi waterway disruptions along with robust foreign demand.


17

TRADE CHANGES IN 2017/18 (1,000 MT)

Country Commodity Attribute Previous Current Change Reason

Argentina Corn Exports 26,500 25,000 -1,500 On a smaller exportable supplies

Brazil Corn Exports 34,000 31,000 -3,000 Reflects slower exports in recent months

Canada Corn Imports 1,000 1,200 200 Stronger feed use

India Corn Imports 400 50 -350 Larger crop

China

Corn Imports 3,000 4,000 1,000 Pace to date and to partly offset lower sorghum imports

Barley Imports 6,500 7,000 500 Stronger trade to date, mainly from Australia

Sorghum Imports 6,300 5,600 -700 Reflect slowing U.S. sorghum sales and tightening supplies in Australia

United States Corn Exports 51,500 56,000 4,500 Continued robust sales and shipments to

date and competitive FOB prices

Sorghum Exports 6,700 6,300 -400 Slowing pace of sales to China

Iran Barley Imports 1,900 2,100 200 Stronger demand at the start of the trade year, particularly from Kazakhstan

Kazakhstan Barley Exports 800 1,000 200 Larger crop and strong demand from Iran

Saudi Arabia Barley Imports 8,500 8,000 -500 Lower barley feed demand offset by higher demand for other feedstuffs such as alfalfa

Australia Sorghum Exports 600 300 -300 Smaller crop


World Coarse Grain Trade

October/September Year, Thousand Metric Tons

2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

27,70529,20526,10525,29021,00316,630 Argentina

6,7257,02510,2656,3897,2867,004 Australia

31,01534,01519,80035,41521,95422,059 Brazil

4,5504,7504,9974,6933,6045,482 Canada

8,5058,5058,17410,97515,0687,841 European Union

1,3001,3001,5391,559792501 Mexico

2,5152,5151,7672,6633,0312,718 Paraguay

10,06010,0609,2618,4659,1557,074 Russia

1,9101,9102,1357647622,128 South Africa

25,11025,11026,86821,45724,20824,125 Ukraine

7,3657,0658,8807,95210,58913,004 Others

126,760131,460119,791125,622117,452108,566 Subtotal

62,46558,36561,79859,23056,41956,776 United States

189,225189,825181,589184,852173,871165,342 World Total

none

TY Imports

5,4255,4254,4735,2244,8634,946 Algeria

1,4501,4503,1762,1211,0231,184 Brazil

2,1802,1801,5381,7441,7071,621 Chile

17,10016,30016,05517,49925,69912,445 China

5,3355,3355,0344,8244,7474,795 Colombia

1,4001,4001,2941,3511,2021,011 Dominican Republic

10,10010,1008,7928,7957,9388,840 Egypt

16,90516,90515,90114,2879,40816,355 European Union

11,10010,90010,0008,3008,0006,600 Iran

1,7851,7851,9251,5051,6012,072 Israel

16,72016,72016,99917,07016,72617,501 Japan

1,7001,7001,5881,7131,4481,443 Jordan

1,3001,3001,106309717444 Kenya

9,7709,7709,29610,19210,24510,499 Korea, South

2,1002,1001,7641,9051,6851,493 Libya

4,0004,0003,5284,0803,2213,485 Malaysia

16,90016,90015,23814,88111,64011,312 Mexico

3,0003,0002,5263,1822,2172,858 Morocco

3,4203,4203,3383,0832,8632,336 Peru

12,51013,01011,83013,99211,11511,332 Saudi Arabia

4,6004,6004,2674,7813,9384,346 Taiwan

1,9001,9001,7451,7131,5251,449 Tunisia

2,0052,0051,7177132,7191,977 Turkey

1,6001,6001,2401,7382,4332,627 Venezuela

9,5009,5008,5008,6006,7004,300 Vietnam

18,74618,87121,48422,54120,60718,809 Others

182,551182,176174,354176,143165,987156,080 Subtotal

3,2744,0493,8134,7284,5885,939 Unaccounted

3,4003,6003,4223,9813,2963,323 United States

189,225189,825181,589184,852173,871165,342 World Total



World Coarse Grains Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

43,45446,45448,56938,43936,78235,665 Argentina

10,89611,49616,62712,54412,60512,158 Australia

97,28697,786101,57568,64987,67182,634 Brazil

26,20526,20525,79425,61921,99228,745 Canada

223,391223,931226,867231,487222,405225,062 China

13,03513,03512,70013,03514,44213,078 Ethiopia

151,644150,795152,591152,665170,670159,212 European Union

45,20042,24043,47038,70143,07643,216 India

11,35011,35010,90010,5009,0009,100 Indonesia

32,07532,07533,32532,37832,68932,065 Mexico

18,85018,85019,33516,68118,91714,633 Nigeria

41,71241,99540,76537,42740,38635,735 Russia

13,46312,96318,0378,67511,11015,518 South Africa

13,04313,04310,89314,2439,39313,074 Turkey

34,07134,07139,21733,38739,38940,022 Ukraine

162,032161,391161,445158,997164,700156,360 Others

937,707937,680962,110893,427935,227916,277 Subtotal

384,255384,255402,612367,009377,234367,089 United States

1,321,9621,321,9351,364,7221,260,4361,312,4611,283,366 World Total

none

Domestic Consumption

16,38416,88416,34414,32114,23213,695 Argentina

65,89264,89264,03259,82360,00958,053 Brazil

23,64523,24521,65221,25121,29022,345 Canada

261,980261,660252,948238,790228,709223,196 China

16,77816,85816,02715,80314,83214,122 Egypt

161,000160,300160,690157,250162,592164,401 European Union

44,65043,55042,60040,17040,45037,600 India

17,62017,42014,62013,82012,02011,320 Iran

17,06217,06217,24617,25716,87417,570 Japan

48,34048,34046,89544,71542,17540,935 Mexico

19,15019,15019,58016,64118,77614,668 Nigeria

32,11532,31532,12529,71531,13928,219 Russia

13,60514,10513,72514,10511,90511,411 Saudi Arabia

14,41814,41812,99314,09313,02313,414 Turkey

13,40013,40012,90012,2009,4008,200 Vietnam

255,396254,943255,440250,230251,719244,209 Others

1,029,6721,025,5141,025,427942,493965,543931,254 Subtotal

330,651329,030327,479312,597311,339305,044 United States

1,360,3231,354,5441,352,9061,255,0901,276,8821,236,298 World Total

none

Ending Stocks

6,3206,2706,8503,1794,2743,169 Argentina

11,81511,01514,4867,0088,23514,265 Brazil

4,1844,1844,9144,6433,3344,648 Canada

80,38080,983101,949112,086101,91782,544 China

14,15514,00615,11115,45218,88515,565 European Union

6,8546,8547,1147,1747,1345,094 Iran

5,3565,3566,0215,8894,8323,487 Mexico

40,68339,22045,76449,01851,65648,551 Others

169,747167,888202,209204,449200,267177,323 Subtotal

56,26962,15062,16848,11246,94834,313 United States

226,016230,038264,377252,561247,215211,636 World Total


Regional Coarse Grains Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

15,349 North America 16,649 19,953 19,579 21,560 21,560

2,923 Central America 3,456 3,938 3,799 3,900 3,900

2,330 Caribbean 2,444 2,597 2,659 2,840 2,840

13,180 South America 13,355 13,876 14,945 14,830 14,830

16,355 European Union - 28 9,408 14,287 15,901 16,905 16,905


26,241 Middle East 27,608 29,730 30,716 32,325 32,025

19,586 North Africa 18,228 20,819 19,300 22,525 22,525


44,865 East Asia 56,655 49,576 46,709 47,440 48,240

12,814 Southeast Asia 14,694 15,779 13,930 15,215 15,215

1,819 Others 1,872 2,888 2,737 3,276 2,951

159,403 Total 169,283 180,124 177,776 185,776 185,951

Production none

427,899 North America 431,915 425,006 461,731 442,535 442,535

133,041 South America 139,745 123,258 162,949 158,077 154,657

159,212 European Union - 28 170,670 152,665 152,591 150,795 151,644

8,992 Other Europe 10,927 9,271 11,328 7,337 7,337


22,274 Middle East 17,931 23,165 19,700 21,681 21,681

11,581 North Africa 10,927 12,289 9,263 10,807 10,807


227,452 East Asia 225,083 234,030 229,522 226,503 225,963

54,292 South Asia 54,267 50,264 55,956 55,174 58,119

31,006 Southeast Asia 30,949 31,992 34,035 34,338 34,338

12,804 Oceania 13,283 13,236 17,244 12,066 11,376

5,046 Others 4,760 4,392 4,936 4,969 4,978

1,283,366 Total 1,312,461 1,260,436 1,364,722 1,321,935 1,321,962


368,324 North America 374,804 378,563 396,026 400,615 402,636

95,335 South America 98,562 98,752 103,359 106,545 107,125

164,401 European Union - 28 162,592 157,250 160,690 160,300 161,000

7,803 Other Europe 8,347 8,551 8,917 8,047 8,047


45,989 Middle East 45,620 51,726 51,235 55,089 54,789

28,059 North Africa 30,168 32,142 31,043 33,183 33,103


257,340 East Asia 262,458 272,956 286,352 295,580 295,900

49,036 South Asia 52,143 53,271 56,124 57,904 58,994

39,043 Southeast Asia 41,183 43,943 45,857 47,000 47,000

5,764 Oceania 5,846 6,429 6,829 5,676 5,466

10,060 Others 10,340 10,897 11,323 11,686 11,686

1,228,402 Total 1,260,484 1,272,781 1,327,296 1,347,572 1,352,086

Ending Stocks none

42,448 North America 55,114 58,644 73,103 71,690 65,809

21,552 South America 15,997 14,653 25,075 20,807 21,637

15,565 European Union - 28 18,885 15,452 15,111 14,006 14,155

818 Other Europe 1,102 963 1,627 1,017 1,017


11,819 Middle East 12,617 14,302 11,723 11,125 11,125

5,703 North Africa 5,412 5,875 3,695 3,834 3,834


86,556 East Asia 105,819 116,445 106,175 85,001 84,398

4,025 South Asia 5,224 3,195 4,157 3,333 4,458

4,324 Southeast Asia 4,149 5,021 3,860 3,388 3,388

1,145 Oceania 1,665 1,620 2,036 1,024 1,091

961 Others 1,123 1,134 1,195 1,197 1,207

211,636 Total 247,215 252,561 264,377 230,038 226,016




World Corn Trade


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

25,00026,50022,95121,67818,44812,846 Argentina

31,00034,00019,79435,38221,90922,041 Brazil

1,2001,2001,1001,0001,2501,100 Burma

1,3001,3001,5381,7673951,939 Canada

2,0002,0002,1711,9494,0272,404 European Union

1,3001,3001,5391,559784501 Mexico

2,5002,5001,7572,6623,0122,714 Paraguay

4,8004,8005,5894,6913,2134,194 Russia

1,9001,9002,1107597462,104 South Africa

20,00020,00021,33416,59519,66120,004 Ukraine

4,6154,5156,2905,7138,11410,292 Others

95,615100,01586,17393,75581,55980,139 Subtotal

56,00051,50055,53551,15646,83150,691 United States

151,615151,515141,708144,911128,390130,830 World Total

none

TY Imports

4,7004,7003,9154,3294,1164,156 Algeria

1,1001,1001,1761,042482488 Bangladesh

1,2001,0008279491,536678 Canada

2,0002,0001,4841,5391,5161,456 Chile

4,0003,0002,4643,1745,5163,277 China

5,0005,0004,7484,4584,4964,436 Colombia

1,0001,000964853886928 Cuba

1,4001,4001,2941,3511,2021,011 Dominican Republic

10,00010,0008,7738,7227,8398,791 Egypt

16,20016,20015,24113,7948,90816,014 European Union

9,0009,0007,8006,6006,1005,500 Iran

1,4001,4001,5151,1521,2941,651 Israel

15,00015,00015,16915,20114,65715,121 Japan

1,2001,200976200600350 Kenya

9,7009,7009,23110,12110,16810,406 Korea, South

4,0004,0003,5284,0803,2213,485 Malaysia

16,50016,50014,56914,01111,34110,949 Mexico

2,5002,5002,1642,2241,9412,349 Morocco

3,3003,3003,1692,9852,7412,232 Peru

4,5004,5003,4203,5832,9042,684 Saudi Arabia

4,5004,5004,1634,6563,8104,179 Taiwan

1,3001,3001,2441,0171,042993 Tunisia

1,5001,5001,4215672,3771,381 Turkey

1,6001,6001,2381,7382,4332,626 Venezuela

9,5009,5008,5008,6006,7004,300 Vietnam

15,28015,60519,12619,66016,96916,249 Others

147,380146,505138,119136,606124,795125,690 Subtotal

2,9353,7102,1396,5232,7864,413 Unaccounted

1,3001,3001,4501,782809727 United States

151,615151,515141,708144,911128,390130,830 World Total



World Corn Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

36,00039,00041,00029,50029,75026,000 Argentina

94,50095,00098,50067,00085,00080,000 Brazil

14,10014,10013,19313,55911,48714,194 Canada

215,891215,891219,552224,632215,646218,489 China

6,0006,0006,0006,0005,9605,800 Egypt

6,5006,5006,3506,8007,2356,492 Ethiopia

61,13960,09161,45358,74875,73464,931 European Union

27,15025,00025,90022,57024,17024,259 India

11,35011,35010,90010,5009,0009,100 Indonesia

26,50026,50027,57525,97125,48022,880 Mexico

10,50010,50010,7559,54010,7918,423 Nigeria

8,2008,2008,1316,9707,6717,532 Philippines

13,22913,50015,30513,16811,32511,635 Russia

13,00012,50017,4758,21410,62914,925 South Africa

24,11524,11527,96923,33328,45030,900 Ukraine

102,603102,524100,393101,441103,97099,318 Others

670,777670,771690,451627,946662,298644,878 Subtotal

370,960370,960384,778345,506361,091351,272 United States

1,041,7371,041,7311,075,229973,4521,023,389996,150 World Total

none

Total Consumption

11,50012,00011,2009,3009,3008,800 Argentina

62,50061,50060,50057,50057,00055,000 Brazil

14,20014,00012,70012,38112,82012,675 Canada

241,000240,000232,000217,500202,000208,000 China

15,90015,90015,10014,85013,90013,200 Egypt

75,80075,00073,70073,50077,88076,796 European Union

26,50025,80024,90023,55022,35019,600 India

12,20012,20012,30012,10012,20011,900 Indonesia

12,10012,10010,1008,8007,4006,800 Iran

15,10015,10015,20015,20014,60015,000 Japan

9,8009,8009,41010,12310,2509,891 Korea, South

42,30042,30040,40037,30034,55031,700 Mexico

10,90010,90011,1009,60010,7008,500 Nigeria

12,20011,70013,12510,97011,65011,500 South Africa

13,40013,40012,90012,2009,4008,200 Vietnam

170,817170,937165,796164,086162,691157,559 Others

754,500749,749744,515669,447686,099661,861 Subtotal

319,927318,658313,854298,785301,792292,958 United States

1,074,4271,068,4071,058,369968,232987,891954,819 World Total

none

Ending Stocks

5,2675,2675,7621,4592,8981,408 Argentina

11,41910,61914,0196,7697,84213,972 Brazil

79,55479,554100,713110,774100,47281,323 China

7,0816,8337,5426,7199,6266,891 European Union

5,7365,7366,2966,0565,7164,476 Iran

4,8184,8185,4185,2134,0902,603 Mexico

2,1962,1962,9961,0962,4482,198 South Africa

29,05828,31030,85832,78832,71130,116 Others

145,129143,333173,604170,874165,803142,987 Subtotal

54,03859,75358,25344,12343,97431,292 United States

199,167203,086231,857214,997209,777174,279 World Total


Regional Corn Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

12,354 North America 13,686 16,742 16,846 18,800 19,000

2,922 Central America 3,456 3,938 3,799 3,900 3,900

12,025 South America 12,042 12,462 13,609 13,440 13,440

16,014 European Union - 28 8,908 13,794 15,241 16,200 16,200


13,438 Middle East 15,157 14,886 17,159 19,500 19,500

17,101 North Africa 15,622 16,873 16,775 19,300 19,300


33,057 East Asia 34,198 33,186 31,119 32,250 33,250

12,768 Southeast Asia 14,680 15,763 13,913 15,200 15,200

2,330 Caribbean 2,444 2,597 2,657 2,840 2,840

1,468 Others 1,588 2,378 2,178 2,550 2,225

126,417 Total 125,604 138,388 139,569 147,805 148,680

Production none

388,346 North America 398,058 385,036 425,546 411,560 411,560

118,260 South America 127,572 110,079 149,573 145,181 141,761

64,931 European Union - 28 75,734 58,748 61,453 60,091 61,139

7,297 Other Europe 9,132 7,427 9,407 5,484 5,484


8,763 Middle East 7,785 9,213 8,587 9,128 9,128

5,919 North Africa 6,058 6,096 6,130 6,201 6,201


220,582 East Asia 217,995 226,883 221,906 218,150 218,150

34,100 South Asia 34,137 32,861 37,103 36,686 38,836

3,878 Central America 3,588 3,278 3,789 3,870 3,870

30,724 Southeast Asia 30,655 31,697 33,745 34,048 34,048

1,321 Others 1,453 1,280 1,429 1,298 1,262

996,150 Total 1,023,389 973,452 1,075,229 1,041,731 1,041,737


337,333 North America 349,162 348,466 366,954 374,958 376,427

84,206 South America 87,426 88,171 91,558 94,905 95,485

76,796 European Union - 28 77,880 73,500 73,700 75,000 75,800

5,897 Other Europe 6,297 6,522 6,878 5,995 5,995


19,966 Middle East 21,738 23,502 25,428 28,780 28,780

20,800 North Africa 22,100 22,990 23,390 25,200 25,200


239,185 East Asia 233,127 249,279 263,066 271,650 272,650

29,782 South Asia 32,773 35,140 37,090 38,790 39,490

38,754 Southeast Asia 40,849 43,634 45,547 46,700 46,700

6,625 Central America 6,760 7,180 7,520 7,740 7,740

3,581 Others 3,984 3,909 4,012 4,135 4,135

948,079 Total 970,483 987,745 1,034,285 1,061,295 1,066,144

Ending Stocks none

35,495 North America 49,466 51,549 65,712 66,412 60,697

19,028 South America 13,813 12,332 23,170 19,111 19,911

6,891 European Union - 28 9,626 6,719 7,542 6,833 7,081

529 Other Europe 896 849 1,477 916 916


5,970 Middle East 7,050 7,492 7,548 7,301 7,301

3,175 North Africa 3,259 2,988 2,455 2,746 2,746


84,864 East Asia 103,922 114,710 104,556 83,256 83,256

2,937 South Asia 3,871 2,481 3,195 2,589 3,366

4,318 Southeast Asia 4,143 5,015 3,860 3,388 3,388

634 Central America 759 791 851 866 866

396 Others 459 432 441 371 378

174,279 Total 209,777 214,997 231,857 203,086 199,167




World Barley Trade


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

2,1002,1002,6962,8361,5992,829 Argentina

5,8005,8009,1935,4015,2666,261 Australia

1,5001,5001,7701,1471,3861,714 Canada

6,2006,2005,6838,64410,6424,926 European Union

1,000800823807479596 Kazakhstan

150150143598126 Moldova

5,2005,2003,6293,7355,8072,791 Russia

505033333718 Serbia

4,9004,9005,3374,6734,3323,827 Ukraine

5050111424336 Uruguay

55553049131562 Others

27,00526,80529,44827,42629,80323,586 Subtotal

130130125161291336 United States

27,13526,93529,57327,58730,09423,922 World Total

none

TY Imports

700700533864723778 Algeria

1001001097111 Belarus

650650737551489337 Brazil

7,0006,5008,1045,8699,8594,891 China

280280285301249253 Colombia

10010014729846 Egypt

50050044731526958 European Union

4004003246721 India

2,1001,9002,2001,7001,9001,100 Iran

350350376319278304 Israel

1,1001,1001,1971,1541,0971,294 Japan

700700759902759997 Jordan

200200502511412436 Kuwait

1,3001,3001,0851,3241,001681 Libya

500500358958276471 Morocco

8,0008,5008,40010,4008,2008,500 Saudi Arabia

1501502502020100 Syria

600600501696483456 Tunisia

500500291146332596 Turkey

400400400668393468 United Arab Emirates

1,0161,0161,3061,1531,5611,251 Others

26,64626,44628,17827,99728,40223,029 Subtotal

1391391,178-7621,262370 Unaccounted

350350217352430523 United States

27,13526,93529,57327,58730,09423,922 World Total



World Barley Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

3,2003,2003,3004,9402,9004,750 Argentina

8,0008,00012,9218,9938,6469,174 Australia

1,9001,9001,2531,8491,9881,674 Belarus

7,9007,9008,7848,2267,11910,237 Canada

1,8002,1001,7521,8701,8101,700 China

2,0702,0702,0501,9501,9531,908 Ethiopia

58,72858,68059,86062,09560,60959,674 European Union

1,7501,7401,4401,6131,8311,752 India

3,1003,1003,0003,0003,2002,800 Iran

1,3251,3251,5501,5501,000944 Iraq

3,3052,7003,2312,6752,4122,539 Kazakhstan

2,0002,0006203,4001,6382,723 Morocco

20,18320,20017,54717,08320,02615,389 Russia

6,4006,4004,7507,4004,0007,300 Turkey

8,6958,6959,8748,7519,4507,561 Ukraine

8,9198,9789,6769,4989,1799,469 Others

139,275138,988141,608144,893137,761139,594 Subtotal

3,0903,0904,3534,7503,9534,719 United States

142,365142,078145,961149,643141,714144,313 World Total

none

Total Consumption

1,8501,8502,0502,1502,0502,050 Algeria

2,8002,8003,5003,3003,0002,800 Australia

2,0002,0001,4001,8502,0001,800 Belarus

7,0007,0006,7626,9606,4717,718 Canada

9,1008,9009,8007,90011,6006,300 China

2,0752,0752,0251,9901,9751,925 Ethiopia

53,50053,50055,00051,37550,93753,400 European Union

2,0502,0501,9001,5201,4001,200 India

5,5005,3004,5005,0004,6004,500 Iran

2,3002,2002,2002,0002,0001,900 Kazakhstan

2,4502,4502,2003,3502,6382,300 Morocco

15,10015,10014,70013,70014,10012,700 Russia

8,8259,3259,82510,2258,5258,625 Saudi Arabia

6,5006,5005,5006,9005,3506,950 Turkey

4,1004,1004,9004,3005,5005,100 Ukraine

17,44817,54818,48618,60516,76017,039 Others

142,286142,284145,963143,221138,070136,143 Subtotal

4,2894,2904,3754,4084,2354,775 United States

146,575146,574150,338147,629142,305140,918 World Total

none

Ending Stocks

1,4781,4782,0281,4491,2171,950 Canada

5,1775,1295,6496,0605,8345,621 European Union

1,1181,1188181,1181,418618 Iran

7868038537411,522880 Russia

1,5291,5292,3444,0593,0743,389 Saudi Arabia

718718338961332899 Turkey

9379371,2371,6091,5652,071 Ukraine

4,8104,7546,4938,2337,7667,811 Others

16,55316,46619,76024,23022,72823,239 Subtotal

1,3131,3342,3162,2231,7111,791 United States

17,86617,80022,07626,45324,43925,030 World Total


Regional Barley Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

640 North America 779 615 293 500 500

886 South America 1,169 1,157 1,252 1,115 1,115

58 European Union - 28 269 315 447 500 500

158 Other Europe 124 81 121 120 120


12,537 Middle East 12,399 14,798 13,503 12,775 12,475

2,432 North Africa 2,581 3,914 2,491 3,200 3,200

116 Sub-Saharan Africa 138 31 75 135 135

6,320 East Asia 11,080 7,136 9,413 7,710 8,210

11 South Asia 22 133 339 451 451

46 Oceania 32 7 25 25 25

23,552 Total 28,832 28,349 28,395 26,796 26,996

Production none

15,550 North America 11,918 13,711 14,115 11,725 11,725

5,743 South America 3,794 5,925 4,714 4,292 4,292

59,674 European Union - 28 60,609 62,095 59,860 58,680 58,728

1,228 Other Europe 1,241 1,258 1,333 1,286 1,286


12,043 Middle East 8,653 12,558 9,725 11,235 11,235

4,739 North Africa 3,913 5,275 2,203 3,676 3,676


1,991 East Asia 2,134 2,158 2,049 2,409 2,109

2,261 South Asia 2,340 2,118 1,963 2,262 2,257

9,590 Oceania 9,052 9,430 13,285 8,340 8,296

144,313 Total 141,714 149,643 145,961 142,078 142,365


13,243 North America 11,556 12,293 12,087 12,190 12,189

3,528 South America 3,398 3,633 3,674 3,365 3,365

53,400 European Union - 28 50,937 51,375 55,000 53,500 53,500

1,334 Other Europe 1,414 1,373 1,404 1,387 1,387


24,410 Middle East 22,186 26,775 24,368 24,936 24,636

6,282 North Africa 7,120 8,203 6,697 7,028 6,948


8,009 East Asia 13,162 9,481 11,441 10,486 10,686

1,713 South Asia 1,923 2,053 2,458 2,638 2,628

3,250 Oceania 3,450 3,750 3,900 3,160 3,150

141,082 Total 143,141 145,533 149,123 146,988 146,887

Ending Stocks none

3,974 North America 3,326 4,058 4,759 3,162 3,141

847 South America 772 1,040 542 454 434

5,621 European Union - 28 5,834 6,060 5,649 5,129 5,177

237 Other Europe 160 79 97 66 66


5,781 Middle East 5,508 6,755 4,131 3,785 3,785

2,505 North Africa 2,105 2,838 1,186 1,034 1,034


1,038 East Asia 1,090 904 925 806 558

247 South Asia 259 276 217 189 197

773 Oceania 1,199 1,141 1,356 716 727

25,030 Total 24,439 26,453 22,076 17,800 17,866




World Sorghum Trade


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

600600457772954953 Argentina

3006005427171,701408 Australia

30303423911 China

202015257575 Ethiopia

5050247412288 India

1001001005010050 Nigeria

150150164120156229 Ukraine

100100243116199219 Others

1,3501,6501,5791,8973,3162,033 Subtotal

6,3006,7006,0907,8719,2695,714 United States

7,6508,3507,6699,76812,5857,747 World Total

none

TY Imports

1501504213498109 Chile

5,6006,3005,2098,28410,1624,161 China

50500640104 Colombia

150150194119131184 European Union

5505505616499031,003 Japan

10010013010511794 Kenya

20020054866129162 Mexico

80801001208661 South Africa

150150501987108 South Sudan

20020010020012075 Sudan

350350428593416652 Others

7,5808,2807,36210,94812,1496,713 Subtotal

2020263-1,2784091,031 Unaccounted

50504498273 United States

7,6508,3507,6699,76812,5857,747 World Total



World Sorghum Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

3,5003,5003,4003,3753,5004,400 Argentina

1,3001,9001,0001,7912,2091,282 Australia

1,8061,8061,8651,0322,0551,890 Brazil

1,8001,8001,6801,4361,7081,880 Burkina

1,1501,1501,1501,1501,1501,260 Cameroon

1,1001,1001,4601,266922800 Chad

3,2003,8502,9852,7502,8852,892 China

3,7653,7653,6003,9004,3393,829 Ethiopia

4,6604,5004,5704,2385,4455,542 India

1,3001,3001,3941,5271,272820 Mali

4,7504,7504,7005,5876,2708,500 Mexico

1,7001,7001,8081,8771,4261,320 Niger

6,5506,5506,8875,6646,7415,300 Nigeria

4,5004,5005,8642,3886,2814,524 Sudan

800800800820883832 Tanzania

7,2407,2407,0587,4478,1767,509 Others

49,12150,21150,22146,24855,26252,580 Subtotal

9,2429,24212,19915,15810,9889,966 United States

58,36359,45362,42061,40666,25062,546 World Total

none

Total Consumption

2,9002,9003,0002,9002,8002,700 Argentina

8001,000675905505905 Australia

1,8001,8001,7001,1502,0002,000 Brazil

1,7601,7601,6401,4651,7001,900 Burkina

1,1501,1501,1801,1751,1751,275 Cameroon

1,1601,1601,4701,270930900 Chad

8,90010,2008,30011,00012,9006,800 China

3,8003,8003,7504,1004,1003,900 Ethiopia

4,6004,5004,5004,6005,1005,200 India

1,3501,3501,3941,5271,200950 Mali

4,9504,9505,3506,3006,6008,300 Mexico

1,8501,8501,9001,8201,4501,300 Niger

6,4506,4506,7875,5646,6915,258 Nigeria

8408407608301,050790 South Sudan

4,8004,8005,8143,1006,0004,600 Sudan

8,5128,5128,2368,9009,5189,046 Others

55,76457,14556,54056,15063,53856,929 Subtotal

3,3032,9226,2126,1872,4594,130 United States

59,06760,06762,75262,33765,99761,059 World Total

none

Ending Stocks

8528028529529711,202 Argentina

259200259234252177 Australia

21121121551194152 Brazil

447812577717706568 China

208148198151587364 India

190190190180130180 Nigeria

196196301226743357 Sudan

1,2831,2831,5251,8582,1792,113 Others

3,6463,8424,1174,3695,7625,113 Subtotal

617617850930468864 United States

4,2634,4594,9675,2996,2305,977 World Total


Regional Sorghum Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

165 North America 56 759 592 250 250

240 South America 114 212 48 235 235

184 European Union - 28 131 119 194 150 150

0 Other Europe 0 0 0 0 0

233 Middle East 24 34 45 30 30

41 North Africa 1 1 5 0 0


5,281 East Asia 11,142 9,011 5,823 6,905 6,205

46 Southeast Asia 14 16 17 15 15

15 Others 32 231 7 50 50

6,716 Total 12,176 11,046 7,406 8,330 7,630

Production none

18,466 North America 17,258 20,745 16,899 13,992 13,992

327 Central America 326 337 326 335 335

112 Caribbean 125 123 118 91 91

7,468 South America 6,967 5,682 6,179 6,428 6,428

703 European Union - 28 887 674 639 659 659

706 Middle East 821 697 695 625 625

767 North Africa 809 752 755 755 755


2,895 East Asia 2,887 2,752 2,987 3,852 3,202

5,661 South Asia 5,560 4,399 4,719 4,630 4,790


1,282 Oceania 2,209 1,791 1,000 1,900 1,300

354 Others 224 191 275 183 183

62,546 Total 66,250 61,406 62,420 59,453 58,363


12,430 North America 9,059 12,487 11,562 7,872 8,253

317 Central America 321 345 321 335 335

112 Caribbean 125 123 120 91 91

6,062 South America 6,362 5,409 5,743 6,016 6,016

880 European Union - 28 995 800 790 800 800

828 Middle East 976 740 742 660 660

813 North Africa 785 752 755 755 755


7,951 East Asia 13,882 11,733 8,917 10,807 9,507

5,334 South Asia 5,247 4,972 4,665 4,680 4,780


905 Oceania 505 905 675 1,000 800

75 Others 75 75 100 55 55

59,954 Total 66,178 62,793 62,668 59,944 58,925

Ending Stocks none

1,511 North America 806 1,216 1,034 801 801

21 Central America 26 13 13 8 8

1,548 South America 1,310 1,140 1,122 1,084 1,134

18 European Union - 28 27 16 31 35 35

27 Middle East 39 35 24 19 19

22 North Africa 47 48 53 53 53


627 East Asia 765 772 629 864 499

364 South Asia 587 151 198 148 208

177 Oceania 252 234 259 200 259

76 Others 69 65 59 37 37

5,977 Total 6,230 5,299 4,967 4,459 4,263




World Oats Trade


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

550550455214264267 Australia

1,6001,8001,5571,6671,7341,732 Canada

303027268449 Chile

200200179220231291 European Union

101012506 Kazakhstan

10101416146 Russia

50501948466 Ukraine

1010681010 Others

2,4602,6602,2692,2042,3832,367 Subtotal


2,4902,6902,3132,2402,4082,396 World Total

none

TY Imports

252525312412 Algeria

556443 Bosnia and Herzegovina

101018111227 Canada

500500278172162116 China

551122 Colombia

303030382121 Ecuador


505048504746 Japan

100100119778693 Mexico

5537438 Norway

5511411 Russia

550122 Serbia

303024314619 South Africa

505054414951 Switzerland

555040 Turkey

5596107 Others

835835634483478441 Subtotal

15515514022516289 Unaccounted

1,5001,7001,5391,5321,7681,866 United States

2,4902,6902,3132,2402,4082,396 World Total



World Oats Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

110110110110110110 Algeria

660660785553525445 Argentina

1,1001,1002,1261,3001,1981,255 Australia

500500390492522352 Belarus

682682828351307380 Brazil

3,7003,7003,1953,4282,9793,906 Canada

670670713533421610 Chile

300190290265255235 China

8,0298,0738,0367,5247,8218,380 European Union

285270335244226305 Kazakhstan

909072859391 Mexico

300300330286283224 Norway

5,4415,4404,7504,5275,2674,932 Russia

210210210210210210 Turkey

481481510498610467 Ukraine

327328350320291319 Others

22,88522,80423,03020,72621,11822,221 Subtotal

7177179401,3001,019938 United States

23,60223,52123,97022,02622,13723,159 World Total

none

Total Consumption

135135132141126118 Algeria

690690760550525425 Argentina

8008001,5001,025950950 Australia

500500400500500375 Belarus

705705775345305375 Brazil

2,1001,9001,8141,6111,6761,660 Canada

660660655485355570 Chile

780660560420400350 China

7,8007,8008,0007,4007,7308,075 European Union

275275274245225275 Kazakhstan

190190195190175185 Mexico

320320315295295245 Norway

5,4005,4004,8004,6005,2004,900 Russia

215215210210215215 Turkey

450450450450600475 Ukraine

510510524482466492 Others

21,63321,34021,57019,10919,74519,905 Subtotal

2,6842,7122,5392,7022,4472,757 United States

24,31724,05224,10921,81122,19222,662 World Total

none

Ending Stocks

585830814393105 Australia

7007006909306731,054 Canada

707090622745 Chile

827262543720 China

613657579690770894 European Union


183182147199289230 Russia

225225325217229245 Others

2,0062,0242,2762,3222,1512,627 Subtotal

286431731824780359 United States

2,2922,4553,0073,1462,9312,986 World Total


Regional Oats Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

1,986 North America 1,866 1,620 1,676 1,810 1,610

29 South America 30 45 36 40 40

3 European Union - 28 4 9 3 5 5

94 Other Europe 62 53 63 65 65


0 Middle East 4 0 5 5 5

12 North Africa 24 31 29 25 25


162 East Asia 209 222 326 550 550

0 Oceania 0 0 0 0 0

2,307 Total 2,246 2,015 2,173 2,535 2,335

Production none

4,935 North America 4,091 4,813 4,207 4,507 4,507

1,478 South America 1,281 1,478 2,372 2,055 2,055

8,380 European Union - 28 7,821 7,524 8,036 8,073 8,029

359 Other Europe 411 418 464 423 423


210 Middle East 210 210 210 210 210

156 North Africa 147 166 175 175 175


237 East Asia 257 266 291 191 301

1,283 Oceania 1,233 1,329 2,169 1,135 1,134

23,159 Total 22,137 22,026 23,970 23,521 23,602


4,602 North America 4,298 4,503 4,548 4,802 4,974

1,447 South America 1,245 1,445 2,273 2,138 2,138

8,075 European Union - 28 7,730 7,400 8,000 7,800 7,800

435 Other Europe 479 484 506 506 506


215 Middle East 215 210 210 215 215

164 North Africa 163 197 201 200 200


400 East Asia 450 470 610 710 830

978 Oceania 985 1,054 1,540 835 835

22,442 Total 22,190 21,651 23,903 23,922 24,214

Ending Stocks none

1,417 North America 1,459 1,758 1,425 1,135 990

129 South America 102 141 241 158 158

894 European Union - 28 770 690 579 657 613

52 Other Europe 46 35 53 35 35


8 Middle East 6 6 6 6 6

1 North Africa 1 1 1 1 1


23 East Asia 39 57 64 75 85

105 Oceania 93 143 311 60 60

2,986 Total 2,931 3,146 3,007 2,455 2,292




World Rye Trade


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

TY Exports

202082400 Belarus

1501501321128997 Canada

100100139160167201 European Union

5050292312183 Russia

101014211359 Ukraine

000011 Others

330330322340391441 Subtotal


335335326346394447 World Total

none

TY Imports


15154121833 Israel

202024162237 Japan

554548 Korea, South

101042621 Norway

554555 Russia

552366 Switzerland

0031661 Others

11011061109163207 Subtotal

25259320-3136 Unaccounted

200200172217262204 United States

335335326346394447 World Total



World Rye Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17 2017/18

Feb

2017/18

Mar

none

Production

828279619752 Argentina

800800651753867648 Belarus

320320415226218223 Canada

7,4847,5177,4937,8338,86410,151 European Union

2,5442,5402,5382,0843,2793,360 Russia

350350350350300365 Turkey

510510394394475638 Ukraine

164155145178176130 Others

12,25412,27412,06511,87914,27615,567 Subtotal

246246342295183194 United States

12,50012,52012,40712,17414,45915,761 World Total

none

Total Consumption

828279619752 Argentina

262625221919 Australia

800800700800850700 Belarus

160160169119134107 Canada

7,6007,6007,7008,0258,6009,650 European Union


525223674635 Norway

2,6002,6002,4002,1503,2503,100 Russia

350350350350325350 Turkey

510510380420475625 Ukraine

1031039490108142 Others

12,33912,33911,97412,16313,97414,815 Subtotal

448448499515406424 United States

12,78712,78712,47312,67814,38015,239 World Total

none

Ending Stocks

30305099166149 Belarus

165165155514244 Canada

6516848171,0841,3861,204 European Union

16712448 Kazakhstan

185181286155264344 Russia

141414141433 Turkey

67677775106128 Ukraine

001234 Others

1,1281,1481,4121,4841,9851,914 Subtotal


1,1431,1631,4301,4962,0001,921 World Total


Regional Rye Imports, Production, Consumption, and Stocks


2013/14 2014/15 2015/16 2016/17

Feb

2017/18

Mar

2017/18

TY Imports none

204 North America 262 217 172 200 200

0 South America 0 0 0 0 0

96 European Union - 28 96 50 16 50 50

28 Other Europe 12 5 6 15 15


33 Middle East 24 12 4 15 15


45 East Asia 26 21 28 25 25

0 Oceania 0 0 0 0 0

411 Total 425 326 233 310 310

Production none

417 North America 401 521 757 566 566

59 South America 106 69 91 94 94

10,151 European Union - 28 8,864 7,833 7,493 7,517 7,484

57 Other Europe 83 108 64 84 84


365 Middle East 300 350 350 350 350


0 East Asia 0 0 0 0 0

20 Oceania 20 22 25 26 26

15,761 Total 14,459 12,174 12,407 12,520 12,500


531 North America 540 634 668 608 608

59 South America 106 69 91 94 94

9,650 European Union - 28 8,600 8,025 7,700 7,600 7,600

86 Other Europe 97 112 69 99 99


383 Middle East 343 362 354 365 365


48 East Asia 27 22 29 26 26

19 Oceania 19 22 25 26 26

15,244 Total 14,375 12,656 12,452 12,766 12,766

Ending Stocks none

51 North America 57 63 173 180 180

0 South America 0 0 0 0 0

1,204 European Union - 28 1,386 1,084 817 684 651

0 Other Europe 0 0 0 0 0


33 Middle East 14 14 14 14 14


4 East Asia 3 2 1 0 0

0 Oceania 0 0 0 0 0

1,921 Total 2,000 1,496 1,430 1,163 1,143




36

HISTORICAL DATA SERIES FOR

SELECTED REGIONS AND

COUNTRIES

CONTENTS

European Union: Grain Supply and Demand ............................................... 37

China: Grain Supply and Demand ................................................................ 38

Other Europe: Grain Supply and Demand .................................................... 39

Former Soviet Union: Grain Supply and Demand ........................................ 40

Wheat Supply and Disappearance: Selected Exporters ................................ 44

Corn Supply and Disappearance: Selected Exporters ................................... 46

Barley Supply and Disappearance: Selected Exporters ................................ 48

Sorghum Supply and Disappearance: Selected Exporters ............................ 49

U.S. Grains: Supply and Distribution……………………………. .... ……..50

Total Wheat and Coarse Grains: Supply and Demand ................................. 51

World Wheat and Coarse Grains: Supply and Demand ............................... 52

World Corn and Barley: Supply and Demand .............................................. 53

World Rice: Supply and Demand ................................................................. 54

DG F/SA &F


European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

125.7 126.260.213.95.25.124.7 2006/07 14.8

120.8 117.252.412.46.84.924.9 2007/08 12.8

151.9 127.660.525.47.75.726.8 2008/09 19.4

139.7 125.657.522.35.45.426.0 2009/10 16.6

136.7 122.852.523.14.65.326.0 2010/11 11.9

138.2 127.257.516.77.45.325.8 2011/12 13.5

133.9 119.351.022.85.35.226.0 2012/13 10.7

144.6 117.349.032.04.05.625.9 2013/14 9.9

156.9 124.755.035.56.05.926.7 2014/15 12.7

160.5 129.959.034.76.96.026.8 2015/16 15.6

145.2 128.056.027.35.35.327.3 2016/17 10.8

151.6 128.857.025.05.55.726.4 2017/18 14.1

Coarse Grains

140.3 150.9112.94.58.14.332.4 2006/07 15.7

138.8 157.2121.64.520.34.232.7 2007/08 13.1

165.2 154.5116.15.73.14.834.1 2008/09 21.3

158.0 152.8114.83.02.94.833.0 2009/10 26.3

143.2 155.0116.96.28.54.730.2 2010/11 16.9

150.1 151.7113.26.57.05.030.2 2011/12 15.7

146.2 153.3113.77.411.84.631.4 2012/13 13.1

159.2 164.4122.48.616.35.131.5 2013/14 15.6

170.7 162.6121.614.09.25.530.8 2014/15 18.9

152.7 157.3117.113.114.35.130.2 2015/16 15.5

152.6 160.7120.18.115.85.229.4 2016/17 15.1

151.6 161.0120.48.516.95.129.5 2017/18 14.2

Wheat and Coarse Grains

265.9 277.1173.118.513.24.757.1 2006/07 30.5

259.6 274.3174.116.927.14.557.5 2007/08 25.9

317.2 282.1176.631.110.85.260.9 2008/09 40.7

297.7 278.4172.325.38.25.059.0 2009/10 42.9

279.9 277.8169.429.313.15.056.3 2010/11 28.8

288.3 278.9170.723.314.35.156.1 2011/12 29.3

280.1 272.6164.730.217.14.957.4 2012/13 23.8

303.8 281.7171.440.720.35.357.4 2013/14 25.5

327.6 287.3176.649.415.25.757.5 2014/15 31.6

313.1 287.1176.147.821.25.557.0 2015/16 31.0

297.8 288.7176.135.421.15.356.7 2016/17 25.9

303.2 289.8177.433.522.45.455.9 2017/18 28.3


China: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

108.5 102.04.02.80.44.623.6 2006/07 38.6

109.3 106.08.02.80.04.623.7 2007/08 39.1

112.5 105.58.00.70.54.823.6 2008/09 45.8

115.1 107.010.00.91.44.724.3 2009/10 54.4

115.2 110.513.00.90.94.724.3 2010/11 59.1

117.4 122.524.01.02.94.824.3 2011/12 55.9

121.0 125.025.01.03.05.024.3 2012/13 54.0

121.9 116.516.00.96.85.124.1 2013/14 65.3

126.2 116.516.00.81.95.224.1 2014/15 76.1

130.2 112.010.50.73.55.424.1 2015/16 97.0

128.8 118.516.50.74.45.324.2 2016/17 111.0

129.8 117.013.51.04.05.424.0 2017/18 126.8

Coarse Grains

158.8 153.2104.75.51.25.131.1 2006/07 38.0

158.8 157.6106.40.91.25.031.8 2007/08 39.5

172.1 160.9108.80.21.75.332.2 2008/09 52.1

169.4 172.9118.80.23.85.133.4 2009/10 52.2

183.5 188.1128.40.22.75.334.6 2010/11 50.1

198.3 195.9131.70.17.95.635.5 2011/12 60.3

211.8 209.3145.70.15.65.737.1 2012/13 68.3

225.1 223.2157.40.012.45.938.3 2013/14 82.5

222.4 228.7158.40.025.75.739.2 2014/15 101.9

231.5 238.8166.50.017.55.840.2 2015/16 112.1

226.9 252.9173.90.116.15.838.9 2016/17 101.9

223.4 262.0179.10.117.15.937.6 2017/18 80.4


267.2 255.2108.78.21.54.954.7 2006/07 76.5

268.1 263.6114.43.71.24.855.5 2007/08 78.5

284.6 266.4116.80.92.15.155.8 2008/09 97.9

284.5 279.9128.81.15.24.957.6 2009/10 106.6

298.6 298.6141.41.13.65.158.9 2010/11 109.2

315.7 318.4155.71.110.95.359.8 2011/12 116.2

332.9 334.3170.71.18.65.461.3 2012/13 122.2

347.0 339.7173.40.919.25.662.4 2013/14 147.8

348.6 345.2174.40.827.65.563.2 2014/15 178.0

361.7 350.8177.00.821.05.664.3 2015/16 209.1

355.7 371.4190.40.920.55.663.1 2016/17 213.0

353.2 379.0192.61.121.15.761.6 2017/18 207.2


Other Europe: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

3.5 4.60.70.31.53.71.0 2006/07 1.2

3.7 4.81.00.51.93.81.0 2007/08 1.5

4.0 5.11.20.41.74.40.9 2008/09 1.7

3.8 4.91.00.51.73.91.0 2009/10 1.7

3.2 4.70.80.61.73.70.9 2010/11 1.3

3.6 4.91.00.51.94.20.9 2011/12 1.4

3.4 4.71.00.71.64.00.9 2012/13 1.1

4.2 4.91.21.31.94.60.9 2013/14 1.0

4.1 4.91.20.71.84.11.0 2014/15 1.3

4.4 4.91.21.01.84.70.9 2015/16 1.6

4.7 5.01.31.32.04.81.0 2016/17 2.0

4.2 5.01.31.31.94.60.9 2017/18 1.7

Coarse Grains

9.8 9.68.50.90.84.92.0 2006/07 1.3

6.9 7.96.80.10.93.42.0 2007/08 1.1

9.7 8.77.61.50.64.62.1 2008/09 1.1

9.7 8.77.51.40.74.92.0 2009/10 1.4

10.0 8.77.32.00.75.02.0 2010/11 1.4

9.5 8.47.02.30.84.62.0 2011/12 1.0

6.6 7.15.90.60.83.22.1 2012/13 0.6

9.0 7.86.41.90.94.52.0 2013/14 0.8

10.9 8.37.03.10.86.01.8 2014/15 1.1

9.3 8.67.21.60.85.11.8 2015/16 1.0

11.3 8.97.62.50.76.31.8 2016/17 1.6

7.3 8.06.70.80.94.11.8 2017/18 1.0


13.3 14.29.21.22.34.53.0 2006/07 2.6

10.6 12.67.80.62.73.53.0 2007/08 2.6

13.7 13.88.81.92.34.63.0 2008/09 2.9

13.5 13.78.51.92.44.53.0 2009/10 3.2

13.2 13.48.12.62.44.62.9 2010/11 2.7

13.1 13.38.12.82.74.52.9 2011/12 2.4

10.0 11.87.01.32.43.42.9 2012/13 1.7

13.2 12.77.63.12.74.52.9 2013/14 1.8

15.0 13.28.13.72.55.32.8 2014/15 2.4

13.6 13.58.42.62.65.02.7 2015/16 2.6

16.1 14.08.83.82.75.82.8 2016/17 3.6

11.6 13.17.92.02.74.32.7 2017/18 2.8


Former Soviet Union: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

115.0 80.028.439.78.02.349.7 2011/12 26.6

77.8 71.721.625.47.31.844.1 2012/13 14.5

103.8 72.822.737.37.52.247.7 2013/14 15.8

112.4 75.024.540.27.72.446.6 2014/15 20.7

118.0 77.826.751.57.42.448.9 2015/16 16.8

130.5 79.128.054.47.42.650.6 2016/17 21.1

142.7 84.132.663.48.12.850.5 2017/18 24.5

Coarse Grains

78.6 53.938.024.61.12.927.0 2011/12 6.3

68.3 49.634.919.80.82.527.5 2012/13 6.0

87.9 56.440.730.90.83.029.4 2013/14 7.4

91.8 58.342.433.90.83.030.3 2014/15 7.9

82.6 53.438.331.30.52.928.0 2015/16 6.2

92.1 56.040.736.60.83.327.9 2016/17 6.6

89.5 54.739.736.80.73.227.6 2017/18 5.3


Millions of Tons/Hectares

Former Soviet Union: Grain Supply and Demand (Wheat)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

13.0 6.82.05.50.61.111.9 2014/15 3.3

13.7 6.92.17.60.11.211.6 2015/16 2.6

15.0 6.92.17.40.11.212.4 2016/17 3.4

14.8 6.92.17.50.11.211.9 2017/18 3.8

Russia

59.1 35.513.022.80.32.523.6 2014/15 6.3

61.0 37.014.025.50.82.425.6 2015/16 5.6

72.5 40.017.027.80.52.727.0 2016/17 10.8

85.0 45.021.537.50.53.127.3 2017/18 13.8

Ukraine

24.8 11.54.011.30.03.96.3 2014/15 5.7

27.3 12.25.117.40.03.87.1 2015/16 3.3

26.8 10.33.618.10.04.16.5 2016/17 1.8

27.0 9.93.517.20.04.16.6 2017/18 1.7

Uzbekistan

7.2 8.92.20.22.25.11.4 2014/15 2.2

7.2 9.42.30.22.75.11.4 2015/16 2.5

7.2 9.72.40.22.75.11.4 2016/17 2.5

7.2 9.92.50.22.85.11.4 2017/18 2.4

Other Former Soviet Union - 12

8.4 12.33.30.44.52.53.3 2014/15 3.2

8.7 12.33.30.73.82.73.2 2015/16 2.7

9.0 12.22.90.94.02.73.4 2016/17 2.6

8.8 12.43.01.04.72.73.3 2017/18 2.8

Total Former Soviet Union - 12

112.4 75.024.540.27.72.446.6 2014/15 20.7

118.0 77.826.751.57.42.448.9 2015/16 16.8

130.5 79.128.054.47.42.650.6 2016/17 21.1

142.7 84.132.663.48.12.850.5 2017/18 24.5



Former Soviet Union: Grain Supply and Demand (Barley)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n



Kazakhstan

2.4 2.01.70.50.01.31.9 2014/15 0.3

2.7 2.01.70.80.01.32.0 2015/16 0.1

3.2 2.21.90.80.01.71.9 2016/17 0.4

3.3 2.32.01.00.01.62.1 2017/18 0.4

Russia

20.0 14.19.45.30.12.38.8 2014/15 1.5

17.1 13.79.04.20.12.18.0 2015/16 0.7

17.5 14.710.02.90.22.28.0 2016/17 0.9

20.2 15.110.45.20.12.67.9 2017/18 0.8

Ukraine

9.5 5.54.04.50.03.03.2 2014/15 1.6

8.8 4.32.84.40.02.93.0 2015/16 1.6

9.9 4.93.55.40.03.23.0 2016/17 1.2

8.7 4.12.84.90.03.32.7 2017/18 0.9

Uzbekistan

0.2 0.30.20.00.13.20.1 2014/15 0.0

0.2 0.30.20.00.03.20.1 2015/16 0.0

0.2 0.30.20.00.13.20.1 2016/17 0.0

0.2 0.30.30.00.13.20.1 2017/18 0.0


3.5 3.62.80.10.22.61.3 2014/15 0.4

3.9 3.72.90.10.02.91.3 2015/16 0.5

3.2 3.42.50.10.12.61.3 2016/17 0.3

3.8 3.93.10.10.22.81.3 2017/18 0.2


35.6 25.518.110.40.32.315.3 2014/15 3.8

32.6 24.016.69.60.12.314.5 2015/16 3.0

34.1 25.518.29.20.42.414.2 2016/17 2.8

36.2 25.718.511.20.32.614.0 2017/18 2.4



Former Soviet Union: Grain Supply and Demand (Corn)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n



Kazakhstan

0.7 0.60.50.00.05.30.1 2014/15 0.1

0.7 0.70.60.00.05.30.1 2015/16 0.2

0.8 0.70.60.00.05.60.1 2016/17 0.2

0.8 0.80.70.10.05.70.1 2017/18 0.1

Russia

11.3 8.17.23.20.04.42.6 2014/15 0.7

13.2 8.77.84.70.04.92.7 2015/16 0.6

15.3 9.68.75.60.15.52.8 2016/17 0.7

13.2 8.77.84.80.14.92.7 2017/18 0.5

Ukraine

28.5 8.67.219.70.06.24.6 2014/15 1.5

23.3 6.95.516.60.05.74.1 2015/16 1.4

28.0 6.55.121.30.06.64.2 2016/17 1.5

24.1 4.83.520.00.05.44.4 2017/18 0.9

Uzbekistan

0.1 0.20.10.00.03.40.0 2014/15 0.0

0.1 0.20.10.00.03.40.0 2015/16 0.0

0.1 0.10.10.00.03.40.0 2016/17 0.0

0.1 0.10.10.00.03.40.0 2017/18 0.0


3.4 3.43.10.30.43.70.9 2014/15 0.8

2.5 2.92.60.20.32.90.9 2015/16 0.5

3.1 3.12.80.20.23.60.9 2016/17 0.5

3.8 3.53.20.40.34.10.9 2017/18 0.7


44.0 20.818.123.20.55.38.3 2014/15 3.2

39.9 19.316.621.50.45.17.8 2015/16 2.6

47.3 20.117.327.20.35.98.1 2016/17 3.0

42.0 18.015.325.30.45.18.2 2017/18 2.2


Million Metric Tons/Hectares

Wheat Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Wheat Competitors

Argentina

10.5 6.10.12.30.03.03.5 2013/14 2.5

13.9 6.40.35.30.02.85.0 2014/15 4.8

11.3 5.70.29.60.02.93.9 2015/16 0.8

18.4 5.20.113.80.03.35.6 2016/17 0.2

18.0 5.50.112.50.03.25.6 2017/18 0.3

Australia

25.3 7.03.618.60.22.012.6 2013/14 4.6

23.7 7.23.816.60.21.912.4 2014/15 4.7

22.3 7.13.716.10.22.011.3 2015/16 3.9

30.4 7.43.922.60.12.611.7 2016/17 4.4

21.5 6.83.416.00.21.812.3 2017/18 3.2

Canada

37.5 9.44.223.30.43.610.4 2013/14 10.4

29.4 9.14.024.20.53.19.5 2014/15 7.1

27.6 7.92.822.10.52.99.6 2015/16 5.2

31.7 10.45.420.20.53.68.9 2016/17 6.8

30.0 8.73.522.50.53.39.0 2017/18 6.1

European Union

144.6 117.349.032.04.05.625.9 2013/14 9.9

156.9 124.755.035.56.05.926.7 2014/15 12.7

160.5 129.959.034.76.96.026.8 2015/16 15.6

145.2 128.056.027.35.35.327.3 2016/17 10.8

151.6 128.857.025.05.55.726.4 2017/18 14.1

Kazakhstan

13.9 6.82.08.10.01.113.0 2013/14 2.0

13.0 6.82.05.50.61.111.9 2014/15 3.3

13.7 6.92.17.60.11.211.6 2015/16 2.6

15.0 6.92.17.40.11.212.4 2016/17 3.4

14.8 6.92.17.50.11.211.9 2017/18 3.8

Russia

52.1 34.112.518.60.92.223.4 2013/14 5.2

59.1 35.513.022.80.32.523.6 2014/15 6.3

61.0 37.014.025.50.82.425.6 2015/16 5.6

72.5 40.017.027.80.52.727.0 2016/17 10.8

85.0 45.021.537.50.53.127.3 2017/18 13.8



Wheat Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Ukraine

22.3 11.53.49.80.13.46.6 2013/14 3.7

24.8 11.54.011.30.03.96.3 2014/15 5.7

27.3 12.25.117.40.03.87.1 2015/16 3.3

26.8 10.33.618.10.04.16.5 2016/17 1.8

27.0 9.93.517.20.04.16.6 2017/18 1.7

Total Wheat Competitors

306.2 192.174.8112.65.53.295.4 2013/14 38.3

320.8 201.182.1121.17.73.495.4 2014/15 44.5

323.7 206.786.9133.18.53.495.9 2015/16 37.0

340.0 208.188.1137.36.63.499.3 2016/17 38.2

347.9 211.691.1138.26.73.599.1 2017/18 43.0



Corn Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Argentina

25.0 6.95.016.50.08.33.0 2009/10 2.5

25.2 7.35.316.30.06.73.8 2010/11 4.0

21.0 7.04.817.10.05.83.6 2011/12 0.9

27.0 7.95.318.70.06.84.0 2012/13 1.3

26.0 8.85.817.10.07.63.4 2013/14 1.4

29.8 9.36.019.00.08.53.5 2014/15 2.9

29.5 9.36.021.60.08.03.7 2015/16 1.5

41.0 11.27.525.50.08.44.9 2016/17 5.8

36.0 11.57.525.00.06.95.2 2017/18 5.3

Brazil

56.1 48.541.511.60.44.312.9 2009/10 6.5

57.4 50.043.08.40.84.213.8 2010/11 6.3

73.0 51.544.024.30.84.815.2 2011/12 4.2

81.5 52.544.524.90.95.215.8 2012/13 9.2

80.0 55.046.021.00.85.115.8 2013/14 14.0

85.0 57.048.034.50.35.415.8 2014/15 7.8

67.0 57.549.014.03.44.216.0 2015/16 6.8

98.5 60.551.031.71.05.617.6 2016/17 14.0

94.5 62.553.035.00.45.417.6 2017/18 11.4

China

164.0 165.0118.00.21.35.331.2 2009/10 51.3

177.2 180.0128.00.11.05.532.5 2010/11 49.4

192.8 188.0131.00.15.25.733.5 2011/12 59.3

205.6 200.0144.00.12.75.935.0 2012/13 67.6

218.5 208.0150.00.03.36.036.3 2013/14 81.3

215.6 202.0140.00.05.55.837.1 2014/15 100.5

224.6 217.5153.50.03.25.938.1 2015/16 110.8

219.6 232.0162.00.12.56.036.8 2016/17 100.7

215.9 241.0167.00.14.06.135.4 2017/18 79.6

South Africa

13.4 10.64.92.10.04.13.3 2009/10 2.8

10.9 10.75.02.40.43.82.9 2010/11 1.0

12.8 10.75.01.80.04.13.1 2011/12 1.3

12.4 11.05.12.10.13.83.2 2012/13 0.7

14.9 11.55.52.00.14.93.1 2013/14 2.2

10.6 11.76.20.72.03.53.0 2014/15 2.4



Corn Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


8.2 11.05.70.82.23.72.2 2015/16 1.1

17.5 13.17.12.50.15.83.0 2016/17 3.0

13.0 12.26.31.70.14.82.7 2017/18 2.2

Total Corn Competitors

258.5 231.0169.430.31.75.150.4 2009/10 63.1

270.8 248.0181.327.32.25.152.9 2010/11 60.8

299.5 257.2184.843.46.05.455.5 2011/12 65.7

326.5 271.4198.945.83.75.658.1 2012/13 78.7

339.4 283.3207.340.04.15.858.6 2013/14 98.9

341.0 280.0200.254.17.85.759.4 2014/15 113.7

329.3 295.3214.236.58.85.560.0 2015/16 120.1

376.5 316.8227.659.83.56.062.3 2016/17 123.5

359.4 327.2233.861.84.55.960.9 2017/18 98.4



Barley Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Australia

7.9 4.53.33.90.01.84.4 2009/10 1.9

8.0 4.23.04.70.02.23.7 2010/11 1.0

8.2 3.32.15.40.02.23.7 2011/12 0.5

7.5 3.01.84.50.02.13.6 2012/13 0.5

9.2 2.81.56.20.02.43.8 2013/14 0.7

8.6 3.01.75.20.02.14.1 2014/15 1.1

9.0 3.32.05.70.02.24.1 2015/16 1.1

12.9 3.52.29.20.02.84.6 2016/17 1.3

8.0 2.81.55.80.02.13.9 2017/18 0.7

Canada

9.5 8.77.51.30.03.32.9 2009/10 2.5

7.6 7.56.31.20.03.22.4 2010/11 1.5

7.9 6.95.71.30.03.32.4 2011/12 1.2

8.0 6.85.71.40.02.92.8 2012/13 1.0

10.2 7.76.51.60.03.92.7 2013/14 2.0

7.1 6.55.31.50.13.32.1 2014/15 1.2

8.2 7.05.81.20.23.52.4 2015/16 1.4

8.8 6.85.51.50.14.02.2 2016/17 2.0

7.9 7.05.81.50.13.82.1 2017/18 1.5

European Union

62.4 56.841.71.10.14.514.0 2009/10 15.6

53.7 56.641.34.90.24.312.5 2010/11 7.9

51.9 51.235.83.00.54.311.9 2011/12 6.1

54.9 51.035.55.00.14.412.5 2012/13 5.0

59.7 53.438.05.70.04.812.4 2013/14 5.6

60.6 50.935.79.50.14.912.4 2014/15 5.8

62.1 51.436.510.80.35.112.2 2015/16 6.1

59.9 55.040.15.70.44.912.3 2016/17 5.6

58.7 53.538.66.20.54.812.3 2017/18 5.2



Sorghum Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Argentina

3.6 1.91.71.80.04.80.8 2009/10 0.2

4.4 1.91.71.70.04.41.0 2010/11 0.9

4.2 1.91.73.10.04.21.0 2011/12 0.2

4.7 2.32.01.80.04.51.1 2012/13 0.8

4.4 2.72.31.30.04.41.0 2013/14 1.2

3.5 2.82.40.90.04.50.8 2014/15 1.0

3.4 2.92.50.50.04.50.8 2015/16 1.0

3.4 3.02.60.50.04.90.7 2016/17 0.9

3.5 2.92.50.60.04.60.8 2017/18 0.9

Australia

1.5 1.21.20.30.03.00.5 2009/10 0.7

1.9 1.41.40.90.03.10.6 2010/11 0.4

2.2 1.11.11.30.03.40.7 2011/12 0.2

2.2 1.11.11.20.03.40.6 2012/13 0.2

1.3 0.90.90.40.02.40.5 2013/14 0.2

2.2 0.50.51.60.03.00.7 2014/15 0.3

1.8 0.90.90.90.03.40.5 2015/16 0.2

1.0 0.70.50.30.02.70.4 2016/17 0.3

1.3 0.80.60.50.02.60.5 2017/18 0.3


U.S. Grains Supply and Distribution: Wheat, Corn, Sorghum, Barley, Oats, Rye, and Rice

Thousand Metric Tons/Hectares

Area

Harvested

Yield Rough

Production

Production Imports TY Imports Exports TY Exports Feed Dom.

Consumption

Domestic

Consumption

Ending

Stocks

Wheat

26,55231,9424,06521,81121,1683,0543,06856,117nr319,149 2015/16

32,13131,7534,25929,48828,7163,2973,21562,833nr417,746 2016/17

28,14630,4002,72224,50025,1744,2004,21847,371nr315,211 2017/18

Corn

44,123298,785129,90951,15648,2881,7821,716345,506nr1132,680 2015/16

58,253313,854139,03355,53558,2421,4501,448384,778nr1135,106 2016/17

54,038319,927140,97656,00056,5181,3001,270370,960nr1133,469 2017/18

Sorghum

9306,1872,7077,8718,6269811715,158nr53,177 2015/16

8506,2123,3026,0906,111444412,199nr52,494 2016/17

6173,3032,0326,3006,22350519,242nr52,042 2017/18

Barley

2,2234,4089661612353524054,750nr41,278 2015/16

2,3164,375847125952172104,353nr41,038 2016/17

1,3134,2897621301313503273,090nr4791 2017/18

Oats

8242,7021,59136291,5321,4751,300nr3516 2015/16

7312,5391,43444501,5391,556940nr2397 2016/17

2862,6841,55130291,5001,551717nr2324 2017/18

Rye

1251519565217222295nr2148 2015/16

1849915944172167342nr2168 2016/17

154489955200204246nr2116 2017/18

Rice, Milled

1,4753,580nr3,3733,3967687666,1338,76181,046 2015/16

1,4624,171nr3,3843,7047877457,11710,16781,253 2016/17

9263,811nr3,3003,1757757915,6598,0848961 2017/18

Notes: Wheat Trade Year (TY) statistics are on July/June years. Barley, corn, sorghum, rye and oats Trade Year (TY)

statistics are on Oct/Sept years. Rice Trade Year (TY) statistics are for the subsequent calendar year; 'Imports' and

'Exports' columns contain data on the local marketing year: wheat, barley, oats and rye are June/May; corn and

sorghum are Sept/Aug; rice is Aug/July.


Total Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks


1,218.0 338.81,301.7619.4203.32.2541.8 1988/89

1,327.1 320.01,345.9644.3208.92.4548.0 1989/90

1,417.5 368.01,369.5669.8190.12.6545.5 1990/91

1,355.5 357.61,365.9653.4207.52.5543.2 1991/92

1,431.7 398.11,388.4664.2205.22.6545.8 1992/93

1,356.4 365.41,389.1657.1188.22.5535.9 1993/94

1,393.0 362.41,395.9670.6200.12.6534.1 1994/95

1,338.9 319.51,381.8641.8187.52.5527.2 1995/96

1,490.2 367.91,441.9674.8198.32.7545.7 1996/97

1,490.8 415.11,443.5685.8190.42.8535.1 1997/98

1,481.4 447.81,448.6685.4198.72.8520.3 1998/99

1,465.5 442.91,469.9690.3214.02.9506.1 1999/00

1,446.2 418.11,470.9699.1204.82.8509.1 2000/01

1,479.8 402.51,495.4713.4208.32.9511.5 2001/02

1,444.9 341.41,506.0711.4209.22.9504.1 2002/03

1,473.3 279.01,535.7718.0205.82.9511.1 2003/04

1,642.7 335.61,586.1756.2214.43.2514.7 2004/05

1,598.4 318.01,616.1757.9222.53.1520.4 2005/06

1,585.1 272.61,630.5749.5229.93.1518.2 2006/07

1,694.9 289.11,678.4764.2244.73.2535.0 2007/08

1,795.8 360.31,724.6773.9253.53.3539.1 2008/09

1,802.5 396.31,766.5783.9254.13.4531.7 2009/10

1,748.6 359.51,785.4775.4249.83.3522.5 2010/11

1,854.3 361.01,852.8809.3287.03.5536.4 2011/12

1,793.9 342.61,812.3808.6279.63.4532.5 2012/13

1,998.5 406.51,934.6864.6327.83.7545.5 2013/14

2,040.6 465.11,982.0887.3335.83.7547.6 2014/15

1,995.6 494.11,966.7903.7356.93.7546.5 2015/16

2,115.2 517.02,092.3946.0363.83.9547.1 2016/17

2,080.8 494.92,102.8963.3373.63.9540.0 2017/18

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.


World Wheat and Coarse Grains: Supply and Demand


Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

537.5 155.8545.696.999.22.5216.7 1995/96

581.3 164.4572.7101.4104.02.6227.1 1996/97

610.2 197.9576.7106.2104.52.7226.4 1997/98

590.5 209.3579.1109.4102.02.7219.2 1998/99

587.5 209.1587.7104.6111.92.8212.6 1999/00

582.8 206.1585.8109.8102.02.7215.3 2000/01

583.9 203.3586.6111.9107.92.7214.2 2001/02

569.7 169.1603.9116.1106.52.7213.4 2002/03

555.7 135.9588.9101.7103.52.7207.9 2003/04

626.7 156.4606.2110.7113.22.9215.7 2004/05

618.8 153.3622.0117.7114.12.8217.5 2005/06

596.7 133.5616.5113.1115.32.8212.3 2006/07

611.9 128.2617.2105.0116.02.8216.9 2007/08

684.2 169.4643.0123.9143.23.1224.1 2008/09

687.3 203.8652.9122.2135.33.0225.6 2009/10

649.6 199.2654.2116.6134.03.0216.9 2010/11

697.3 199.2697.3148.6153.63.2221.0 2011/12

658.8 178.0679.9138.3147.23.1215.9 2012/13

715.1 194.9698.3126.7162.53.3219.7 2013/14

728.2 217.9705.1131.7161.93.3221.7 2014/15

735.2 241.5711.6136.5172.03.3223.7 2015/16

750.5 252.6739.4147.1182.23.4221.8 2016/17

758.8 268.9742.5144.6184.43.5219.7 2017/18

Coarse Grains

801.4 163.7836.2544.988.32.6310.5 1995/96

909.0 203.5869.2573.494.32.9318.6 1996/97

880.6 217.2866.9579.685.82.9308.8 1997/98

890.9 238.5869.5575.996.73.0301.2 1998/99

878.0 233.8882.2585.7102.13.0293.4 1999/00

863.4 212.1885.1589.2102.82.9293.8 2000/01

895.9 199.2908.8601.4100.43.0297.3 2001/02

875.2 172.3902.2595.2102.73.0290.7 2002/03

917.7 143.1946.8616.3102.33.0303.2 2003/04

1,016.0 179.2979.8645.5101.23.4299.0 2004/05

979.6 164.7994.1640.2108.43.2302.9 2005/06

988.4 139.11,014.0636.4114.53.2305.9 2006/07

1,083.0 160.91,061.3659.2128.73.4318.1 2007/08

1,111.6 190.81,081.6650.1110.43.5314.9 2008/09

1,115.2 192.51,113.6661.8118.83.6306.1 2009/10

1,099.0 160.31,131.2658.8115.83.6305.6 2010/11

1,157.0 161.81,155.5660.7133.33.7315.4 2011/12

1,135.1 164.61,132.3670.3132.43.6316.6 2012/13

1,283.4 211.61,236.3738.0165.33.9325.9 2013/14

1,312.5 247.21,276.9755.6173.94.0325.9 2014/15

1,260.4 252.61,255.1767.2184.93.9322.8 2015/16

1,364.7 264.41,352.9798.9181.64.2325.3 2016/17

1,322.0 226.01,360.3818.7189.24.1320.3 2017/18

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.


World Corn and Barley: Supply and Demand


Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Corn

516.7 133.3536.8365.264.83.8135.0 1995/96

592.9 166.3559.9387.866.64.2141.5 1996/97

574.2 167.2573.3400.663.14.2136.2 1997/98

605.8 191.4581.7404.368.74.4138.9 1998/99

608.1 194.4605.0422.472.04.4138.8 1999/00

591.5 175.1610.8427.375.94.3137.0 2000/01

601.8 151.4625.5436.372.74.4137.1 2001/02

604.1 126.9628.6433.376.84.4137.7 2002/03

627.8 104.7650.0445.879.04.4141.6 2003/04

716.9 131.1690.6476.076.04.9145.3 2004/05

700.2 123.4707.8479.682.54.8145.1 2005/06

715.6 108.8730.2480.091.34.8149.6 2006/07

795.7 127.7776.8500.998.25.0160.2 2007/08

800.2 143.2784.7482.883.65.1158.0 2008/09

824.8 140.9827.2493.892.75.3157.0 2009/10

836.3 122.6854.6506.191.75.1164.0 2010/11

891.5 128.2885.8509.8103.75.2172.7 2011/12

874.3 132.9869.5521.3100.74.9179.6 2012/13

996.2 174.3954.8574.9130.85.4182.8 2013/14

1,023.4 209.8987.9587.3128.45.6182.2 2014/15

973.5 215.0968.2601.8144.95.4180.9 2015/16

1,075.2 231.91,058.4631.7141.75.8186.0 2016/17

1,041.7 199.21,074.4653.8151.65.7184.3 2017/18

Barley

141.2 20.5150.7107.813.42.166.4 1995/96

153.1 24.1149.5106.317.92.464.2 1996/97

153.9 32.2145.8104.112.82.463.8 1997/98

136.0 29.0139.299.517.82.456.7 1998/99

127.4 23.9132.594.017.82.452.1 1999/00

133.0 22.6134.394.616.32.553.0 2000/01

143.5 29.2136.995.517.22.655.7 2001/02

134.2 27.6135.894.716.32.554.7 2002/03

142.9 23.5147.0103.314.82.458.4 2003/04

152.3 33.1142.7100.217.02.757.4 2004/05

136.2 28.3141.097.417.42.555.2 2005/06

136.7 21.5143.598.414.62.456.3 2006/07

132.7 20.5133.691.018.52.455.7 2007/08

154.9 32.3143.199.718.22.855.0 2008/09

150.9 37.2146.1102.317.32.854.1 2009/10

123.0 24.3135.891.015.22.647.1 2010/11

133.5 22.5135.392.221.42.749.2 2011/12

129.0 21.6129.987.622.22.650.2 2012/13

144.3 25.0140.997.323.92.950.6 2013/14

141.7 24.4142.398.330.12.949.7 2014/15

149.6 26.5147.6100.727.63.050.3 2015/16

146.0 22.1150.3104.229.63.048.5 2016/17

142.4 17.9146.6102.427.13.047.5 2017/18

Notes: Coarse grains trade data are on July/June years through 1975/76. From 1976/77 to the present,

coarse grains data are on an Oct/Sept trade year.


World Rice: Supply and Demand


Area

Harvested

Yield Rough

Productio

Productio

n

TY

Exports

Domestic

Consumpti

Ending

Stocks

Rice, Milled

490.8 111.6325.714.0332.13.3146.6 1988/89

510.4 120.6336.411.7345.33.5147.8 1989/90

519.5 126.6345.412.3351.43.5147.0 1990/91

522.9 126.7353.314.4353.33.5147.6 1991/92

524.0 123.1357.414.9353.93.6146.4 1992/93

526.0 118.9358.916.6354.73.6145.3 1993/94

539.9 117.6365.520.8364.13.7147.3 1994/95

547.3 118.1368.219.7368.83.7148.3 1995/96

563.8 120.3378.218.9380.43.8150.2 1996/97

575.2 127.7379.927.6387.43.8151.7 1997/98

586.9 134.0388.624.8394.93.8153.3 1998/99

608.8 143.1400.222.8409.33.9155.8 1999/00

594.0 146.7395.624.3399.23.9152.8 2000/01

594.2 132.9413.127.9399.43.9151.6 2001/02

562.9 103.0408.027.5378.13.8147.6 2002/03

585.3 81.6413.827.3392.53.9149.5 2003/04

596.4 74.0408.528.9400.83.9151.4 2004/05

622.3 76.5415.429.0417.94.0154.2 2005/06

625.1 75.4421.231.8420.14.0154.6 2006/07

643.6 80.9428.129.6433.64.2154.9 2007/08

669.5 93.2437.629.4449.94.2158.5 2008/09

655.2 95.2438.031.8440.04.2155.8 2009/10

671.8 99.9445.536.5450.24.2158.3 2010/11

697.4 109.2458.540.0467.74.4159.8 2011/12

706.5 118.8464.139.5473.84.4159.6 2012/13

713.9 122.0475.544.1478.74.4161.8 2013/14

715.0 127.9473.742.6479.54.4161.0 2014/15

705.1 132.7468.140.2472.94.4159.3 2015/16

725.5 137.3481.647.7486.24.5160.8 2016/17

725.5 143.1480.547.9486.34.5161.3 2017/18

Notes: Stocks, exports and consumption are expressed on a milled basis in marketing years.


55

ENDNOTES TO GRAIN: WORLD MARKETS AND TRADE

REGIONAL TABLES

North America: Canada, Mexico, the United States.

Central America: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama.

Caribbean: Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Bermuda, British

Virgin Islands, Cayman Islands, Cuba, Dominica, Dominican Republic, French West Indies,

Grenada, Guadeloupe, Haiti, Jamaica and Dep, Leeward-Windward Islands, Martinique,

Montserrat, Netherlands Antilles, Puerto Rico, Kitts and Nevis, St. Lucia, St. Vincent and the

Grenadines, Trinidad and Tobago, Turks and Caicos Islands, Virgin Islands of the U.S.

South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Falkland Islands (Islas

Malvinas), French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela.

EU: Austria, Belgium/Luxembourg, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark,

Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta,

Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Other Europe: Albania, Azores, Bosnia and Herzegovina, Former Yugoslavia, Gibraltar,

Iceland, Macedonia, Montenegro, Norway, Serbia, Switzerland.

Former Soviet Union: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan,

Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.

Middle East: Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia,

Syria, Turkey, United Arab Emirates, Yemen.

North Africa: Algeria, Egypt, Libya, Morocco, Tunisia.

Sub-Saharan Africa: all African countries except North Africa.

East Asia: China, Hong Kong, Japan, South Korea, North Korea, Macau, Mongolia,

Taiwan.

South Asia: Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Sri Lanka, Maldives.

Southeast Asia: Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore,

Thailand, Vietnam.

Oceania: Australia, Fiji, New Zealand, Papua New Guinea.


56

OTHER NOTES

Local Marketing Years (LMY): LMY refers to the 12-month period at the onset of the main

harvest, when the crop is marketed (i.e., consumed, traded, or stored). The year first listed

begins a country's LMY for that commodity (2016/17 starts in 2016); except for summer grains

in certain Southern Hemisphere countries and for rice in selected countries, where the second

year begins the LMY (2016/17 starts in 2017). Key exporter LMY’s are:

Wheat Corn Barley Sorghum

Argentina (Dec/Nov) Argentina (Mar/Feb) Australia (Nov/Oct) Argentina (Mar/Feb)

Australia (Oct/Sep) Brazil (Mar/Feb) Canada (Aug/Jul) Australia (Mar/Feb)

Canada (Aug/Jul) China (Oct/Sep) European Union (Jul/Jun) United States (Sep/Aug)

China (Jul/Jun) South Africa (May/Apr) Russia (Jul/Jun)

European Union (Jul/Jun) United States (Sep/Aug) Ukraine (Jul/Jun)

India (Apr/Mar) United States (Jun/May)

Kazakhstan (Jul/Jun)

Russia(Jul/Jun)

Turkey (Jun/May)

Ukraine (Jul/Jun)

United States (Jun/May)

For a complete list of local marketing years, please see the FAS website

(http://www.fas.usda.gov/psdonline/psdAvailability.aspx).

Stocks: Unless otherwise stated, stock data are based on an aggregate of differing local

marketing years and should not be construed as representing world stock levels at a fixed point in

time.

Consumption: World totals for consumption reflect total utilization, including food, seed,

industrial, feed, and waste; as well as differences in local marketing year imports and local

marketing year exports. Consumption statistics for regions and individual countries, however,

reflect food, seed, industrial, feed, and waste only.

Trade: All PSD tables are balanced on the different local marketing years. All trade tables

contain Trade Year (TY) data which puts all countries on a uniform, 12-month period for

analytical comparisons: wheat is July/June; coarse grains, corn, barley, sorghum, oats, and rye

are Oct/Sept; and rice is calendar year.

EU Consolidation: The trade figures starting from 1999/00 represent the European Union

(Croatia plus the former EU-27) and exclude all intra-trade. For the years 1960/61 through

1998/99, figures are the EU-15 and also exclude all intra-trade. EU-15 member states' data for

grains are no longer maintained in the official USDA database. Data for the individual NMS-10,

plus Bulgaria, Romania, and Croatia, exists only prior to 1999/00.

Statistics: (1) Wheat trade statistics include wheat, flour, and selected pasta products on a grain

equivalent basis. (2) Rice trade statistics include rough, brown, milled, and broken on a milled

equivalent basis. (3) Coarse grains statistics include corn, barley, sorghum, oats, rye, millet, and

mixed grains but exclude trade in barley malt, millet, and mixed grains.


http://www.fas.usda.gov/psdonline/psdAvailability.aspx

57

Unaccounted: This term includes grain in transit, reporting discrepancies in some countries,

and trade to countries outside the USDA database.

The Global Commodity Analysis Division, Office of Global Analysis, Foreign Agricultural

Service, USDA, Washington, DC 20250, prepared this circular. Information is gathered from

official statistics of foreign governments and other foreign source materials, reports of U.S.

agricultural attachés and Foreign Service officers, office research, and related information.

Further information may be obtained by writing the Division or telephoning (202) 720-3448.

Note: The previous report in this series was Grain: World Markets and Trade February 2017.

For further details on world grain production, please see World Agricultural Production March

2018.

This circular is available in its entirety on the Internet via the Foreign Agricultural Service Home

Page. The address is: http://www.fas.usda.gov

Questions may be directed to the following staff:

Andrew Sowell (202) 720-0262 [email protected] Wheat

Shelbi Knisley (202) 690-2361 [email protected] Wheat

Rachel Trego (202) 720-1073 [email protected] Rice/Wheat

Eric Mullis (202) 690-0752 [email protected] Rice

Yoonhee Macke (202) 690-4199 [email protected] Coarse Grains

Graham Soley (202) 772-4235 [email protected] Coarse Grains

Olutayo Akingbe (202) 690-1624 [email protected] Coarse Grains


https://www.fas.usda.gov/data/grain-world-markets-and-trade

https://www.fas.usda.gov/data/world-agricultural-production

http://www.fas.usda.gov/

mailto:[email protected]







barley prices fail to curb china’s demanduga.ua/wp-content/uploads/grain-market-03-08-2018.pdf ·...

Documents