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Grain: World Markets and Trade

Approved by the World Agricultural Outlook Board - USDA

United States Department of Agriculture

Foreign Agricultural Service July 2014

Corn Prices Plunge on Continuing Large Exportable Supplies

MMT

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U.S. corn export prices, which are a proxy for global prices, have tumbled to their lowest levels in nearly 4 years, because of rising stocks and prospects for another bumper harvest. The USDA June 1 Grain Stocks report showed higher-than-expected U.S. stocks, boosting exportable supplies. Meanwhile, the 2014/15 crop is projected only slightly below last year’s record with favorable growing conditions continuing to support the outlook for a record yield. Over the past decade, high prices stimulated expanded production not only in the United States, but also in Argentina, Brazil, and Ukraine. Furthermore, in an unusual situation, exporters’ supplies will all be available to the market at the same time this fall. Shipments from a delayed harvest in Argentina will coincide with shipments from Brazil’s near-record second crop and intensify competition with U.S. and Ukrainian new-crop supplies.

050

100150200250300350400450500550

Production & Carryin Stocks

Argentina, Brazil, UkraineUnited States

$175

$200

$225

$250

$275

$300

$325

$350

$375$/ton FOB U.S. Gulf

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










TABLE OF CONTENTS

World Markets and Trade: Commentary and Current Data Wheat ................................................................................................................. 4 Rice .................................................................................................................... 9 Coarse Grains ................................................................................................... 14 Historical Data Series for Selected Regions and Countries ............................ 34 Endnotes to Grain: World Markets and Trade ............................................... 53 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 Market and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Market 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/

Grain: World Markets and Trade, July 2014

2 July 2014

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

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

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

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

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

Marketing Year

Wheat Rice, Milled Corn

2014/152013/142012/132014/152013/142012/132014/152013/142012/13

Production

United States (Jun-May) 61.7 58.0 54.2 6.3 6.1 7.2 273.8 353.7 352.1

Other 596.0 656.2 651.0 465.3 471.3 472.2 595.0 630.7 628.9

World Total 657.7 714.2 705.2 471.7 477.5 479.4 868.8 984.4 981.0

Domestic Consumption


Other 648.1 663.5 666.1 461.9 469.6 474.9 605.9 646.1 670.4

World Total 686.4 697.4 698.2 465.6 473.5 479.1 869.5 941.7 966.0

Ending Stocks


Other 156.1 168.2 171.6 108.7 110.5 107.3 117.3 141.8 142.3

World Total 175.6 184.3 189.5 109.9 111.5 108.5 138.2 173.4 188.1

TY Imports


Other 140.2 152.9 145.0 35.8 37.7 37.8 94.6 116.6 114.3

World Total 143.6 157.7 149.1 36.4 38.4 38.5 98.8 117.4 115.1

TY Exports


Other 119.3 129.1 126.7 36.1 37.7 38.0 82.3 72.0 75.1

World Total 147.0 160.6 151.7 39.4 40.8 41.5 100.5 120.0 118.1

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.

July 2014

WHEAT: WORLD MARKETS AND TRADE OVERVIEW Global production for 2014/15 is up but still below last year’s record. Higher production in Australia, EU, Ukraine, and the United States more than offsets smaller crops in Canada and Kazakhstan. Global trade is down marginally. U.S. and Kazakh exports are cut and mostly offset by increases for Australia and Ukraine. Large supplies are expected in major exporting countries, pressuring prices. The season-average farm price is projected lower, also reflecting declining prices for other grains. For 2013/14, U.S. exports are raised slightly. PRICES:

230

280

330

380

1/4/2014 2/4/2014 3/4/2014 4/4/2014 5/4/2014 6/4/2014 7/4/2014$/

MT

U.S. Weekly FOB Export Bids

HRW SRW SWW HRS

Domestic: Prices of most wheat classes eased over the past month. Abundant global supplies of both wheat and corn continue to pressure prices. Hard Red Winter (HRW) dropped $9/ton to $313, while Soft Red Winter (SRW) declined $7/ton to $245. Soft White Wheat (SWW) fell $13/ton to $271 and Hard Red Spring (HRS) was unchanged at $325/ton.

Grain: World Markets and Trade, July 2014 4

July 2014

TRADE CHANGES IN 2014/15 Selected Exporters

• Australia is raised 500,000 tons to 19.5 million with higher production prospects.

• Kazakhstan is slashed 1.0 million tons to 6.0 million on reduced crop prospects.

• Ukraine is boosted 500,000 tons to 9.0 million with a larger crop.

• The United States is lowered 500,000 tons to 25.0 million as a result of tight Hard Red Winter supplies and strong competition from other major exporting countries.

Selected Importers

• European Union is lowered 500,000 tons to 5.0 million on higher production and ample supplies of domestic feed-quality wheat.

TRADE CHANGES IN 2013/14 Selected Exporters- based on trade data

• Canada is up 500,000 tons to 22.0 million.

• European Union is boosted 500,000 tons to 30.5 million.

• Kazakhstan is 300,000 tons higher at 8.3 million.

• The United States is raised 300,000 tons to 31.5 million.

Selected Importers- based on trade data

• Morocco is up 300,000 tons to 3.9 million.

• Sudan is raised 400,000 tons to 2.5 million.


July 2014

World Wheat, Flour, and Products Trade

July/June Year, Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

6,5006,5001,6007,45011,9517,742 Argentina

19,50019,00018,50021,26923,03118,455 Australia

21,00021,00022,00018,58117,60316,768 Canada

28,00028,00030,50022,62116,69123,086 European Union

2,5002,5005,2008,6511,72373 India

6,0007,0008,3006,80111,0695,519 Kazakhstan

19,50019,50018,50011,28921,6273,983 Russia

3,2003,2004,3003,5833,6782,944 Turkey

9,0008,5009,5007,1905,4364,302 Ukraine

1,5001,5001,3008111,7821,612 Uruguay

10,0159,8109,44111,05411,04613,560 Others

126,715126,510129,141119,300125,63798,044 Subtotal

25,00025,50031,50027,69528,14236,046 United States

151,715152,010160,641146,995153,779134,090 World Total

none

TY Imports

1,8001,8001,8001,6002,2002,000 Afghanistan

6,0006,0006,9006,4846,5006,516 Algeria

3,3003,3003,3002,7192,0163,951 Bangladesh

6,5006,5007,0607,5477,0536,742 Brazil

3,0003,0007,0002,9602,933927 China

10,60010,80010,3008,30011,65010,600 Egypt

5,0005,5003,8005,2777,3624,621 European Union

7,5007,3007,4007,1466,4576,606 Indonesia

4,0004,0006,0005,6002,400200 Iran

3,0003,0003,4003,9483,7843,631 Iraq

6,0006,0006,2006,5986,3545,869 Japan

4,2004,2004,3005,4395,1884,761 Korea, South

2,2002,2002,1501,9461,5611,474 Libya

3,5003,7004,6003,8265,0203,404 Mexico

3,0003,0003,9003,8253,6714,019 Morocco

4,6504,5004,6504,1403,9314,052 Nigeria

3,2003,2003,5003,6454,0753,224 Philippines

3,2503,2503,3501,9212,9041,739 Saudi Arabia

2,3002,0502,5001,7932,3601,595 Sudan

2,0002,0001,800963680428 Syria

2,0002,0001,7501,8452,6461,943 Thailand

5,5005,5004,2003,3124,4133,545 Turkey

2,2002,1002,2001,8632,6981,618 Uzbekistan

2,1002,1002,1001,6712,7112,459 Vietnam

3,2503,2503,2003,1492,6852,816 Yemen

44,90544,99045,55542,63644,86139,159 Others

144,955145,240152,915140,153148,113127,899 Subtotal

2,6602,6702,9263,3992,6323,593 Unaccounted

4,1004,1004,8003,4433,0342,598 United States

151,715152,010160,641146,995153,779134,090 World Total

TY=Trade Year, see Endnotes.

July 2014

World Wheat Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

12,50012,50010,5009,30015,50017,200 Argentina

26,00025,50027,01322,85629,90527,410 Australia

6,3006,0005,3004,3805,8005,900 Brazil

28,00028,50037,50027,20525,28823,300 Canada

124,000124,000121,930121,023117,400115,180 China

8,9508,9508,6508,5008,4007,200 Egypt

147,875146,250143,324133,846138,182136,667 European Union

95,85095,85093,51094,88086,87080,800 India

13,00013,00014,50013,80012,40013,500 Iran

13,50014,50013,9419,84122,7329,638 Kazakhstan

24,50024,50024,00023,30025,00023,900 Pakistan

53,00053,00052,09137,72056,24041,508 Russia

15,00015,00018,00015,50018,80017,000 Turkey

21,00020,00022,27815,76122,32416,844 Ukraine

6,8006,8006,8006,7006,3006,500 Uzbekistan

54,69454,42456,90551,41750,43748,185 Others

650,969648,774656,242596,029641,578590,732 Subtotal

54,20552,84757,96161,67154,41360,062 United States

705,174701,621714,203657,700695,991650,794 World Total

none

Total Consumption

9,8509,8509,8509,4508,9508,750 Algeria

11,60011,60011,40010,90011,20010,800 Brazil

9,7509,75011,2009,5989,8527,551 Canada

122,000122,000123,500125,000122,500110,500 China

18,80019,20018,90018,70018,60017,700 Egypt

123,000122,000117,000119,500127,234122,844 European Union

93,90093,90094,00683,82281,40481,760 India

7,4657,0657,0656,6506,2506,035 Indonesia

17,20017,20017,50016,40014,90015,700 Iran

8,9008,7009,0008,3008,8007,850 Morocco

24,40024,40024,10023,90023,10023,000 Pakistan

33,50033,50034,00033,55038,00038,600 Russia

17,30017,30017,75017,50018,10017,300 Turkey

11,50011,50011,50011,40014,95011,600 Ukraine

8,7008,6008,4008,0007,8007,700 Uzbekistan

148,216148,056148,315145,421144,256135,084 Others

667,781666,511671,654641,045664,849623,897 Subtotal

32,14132,54933,86438,26932,11230,639 United States

699,922699,060705,518679,314696,961654,536 World Total

none

Ending Stocks

5,7175,4745,3674,6547,0518,184 Australia

7,0228,0229,2925,0525,9327,360 Canada

62,39062,18058,39053,96055,94659,091 China

12,05112,42610,17610,55213,55011,931 European Union

16,30016,30017,83024,20019,95015,360 India

5,8346,4995,7344,0992382,030 Iran

6,9436,9435,7434,95210,89913,736 Russia

55,31155,14355,70848,59863,44257,031 Others

171,568172,987168,240156,067177,008174,723 Subtotal

17,97415,62216,05019,53820,21123,466 United States

189,542188,609184,290175,605197,219198,189 World Total

July 2014

Regional Wheat Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

6,431 North America 8,551 7,754 9,840 8,280 8,080

1,684 Central America 1,666 1,662 1,825 1,805 1,815

13,158 South America 13,779 14,392 14,340 13,325 13,275

4,621 European Union - 28 7,362 5,277 3,800 5,500 5,000

1,614 Other Europe 1,913 1,633 1,825 1,840 1,820

5,498 Former Soviet Union - 12 8,022 7,228 7,865 7,830 7,830

17,324 Middle East 23,065 24,175 27,745 26,575 26,575

24,427 North Africa 24,855 22,052 25,100 23,500 23,300

15,093 Sub-Saharan Africa 18,484 17,437 18,915 18,560 18,945

13,889 East Asia 16,865 17,352 19,835 15,535 15,535

7,593 South Asia 5,466 5,306 6,525 6,775 6,775

16,341 Southeast Asia 18,016 16,356 17,035 16,825 17,100

2,824 Others 3,103 2,972 3,065 2,990 3,005

130,497 Total 151,147 143,596 157,715 149,340 149,055

Production none

87,038 North America 83,329 92,107 98,833 85,217 86,075

27,560 South America 25,768 18,406 20,030 23,733 24,033

136,667 European Union - 28 138,182 133,846 143,324 146,250 147,875

3,188 Other Europe 3,597 3,504 4,429 3,704 3,954


38,638 Middle East 39,282 36,380 40,935 35,130 35,130

15,914 North Africa 18,366 17,320 20,122 18,850 18,850


116,355 East Asia 118,775 122,483 123,234 125,358 125,358

110,949 South Asia 117,132 126,390 125,690 128,645 128,645

27,855 Oceania 30,288 23,345 27,453 26,010 26,510

183 Others 186 186 181 181 181

650,794 Total 695,991 657,700 714,203 701,621 705,174

Domestic Consumption none

44,640 North America 49,564 54,492 51,664 48,899 48,491

25,583 South America 26,121 26,428 27,140 27,165 27,220

122,844 European Union - 28 127,234 119,500 117,000 122,000 123,000

4,727 Other Europe 4,830 4,720 4,930 4,825 4,825


54,406 Middle East 56,273 56,763 59,155 58,080 58,080

38,805 North Africa 40,927 41,421 42,950 42,975 42,775


123,952 East Asia 137,057 139,882 137,225 135,465 135,465

117,003 South Asia 115,834 121,167 131,986 132,640 132,740

14,977 Southeast Asia 16,665 16,235 16,485 16,525 16,825

6,845 Oceania 7,819 8,106 8,280 7,975 8,170

3,354 Others 3,341 3,367 3,514 3,555 3,580

653,413 Total 688,008 686,360 697,350 697,170 698,222

Ending Stocks none

31,143 North America 26,718 24,868 25,992 24,164 25,416

8,580 South America 3,999 3,479 6,674 7,487 7,272

11,931 European Union - 28 13,550 10,552 10,176 12,426 12,051

1,166 Other Europe 1,352 1,047 1,101 970 980


12,074 Middle East 10,986 11,964 15,084 16,134 15,479

12,194 North Africa 14,094 11,441 13,088 11,988 11,988


62,150 East Asia 59,242 57,710 62,009 65,682 65,892

21,079 South Asia 25,425 28,144 21,654 20,034 19,934

3,991 Southeast Asia 4,703 4,154 3,969 3,484 3,509

8,580 Oceania 7,415 4,957 5,695 5,772 6,025

383 Others 391 367 398 428 369

198,189 Total 197,219 175,605 184,290 188,609 189,542

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.

July 2014

RICE: WORLD MARKETS AND TRADE

OVERVIEW Global production and stocks in 2014/15 are down somewhat from last month due to reductions in India. U.S. supplies, on the other hand, are up significantly on greater area, driving exports, consumption, and stocks higher. U.S. medium and long-grain prices are down. PRICES After peaking in May, the gap between quotes for U.S. #2/4 and Thai 100B is beginning to narrow. At $570 per ton, quotes for U.S. #2/4 are the lowest in 2 years and could drop further in the coming months as the long-grain crop is projected to be the largest in 4 years. By contrast, quotes for Thai 100B, at $415 per ton, have come up slightly in recent weeks as sales are largely on hold while the military government inspects stocks. Interestingly, the last time that U.S. quotes were at the current level, they were below Thai 100B.

300

350

400

450

500

550

600

650

700$/MT

The Gap between U.S. and Thai Quotes Narrows Slightly

U.S. #2/4 THAI 100B

$155 $200


9

July 2014

SELECTED TRADE CHANGES

• Brazil’s exports are raised 100,000 tons in 2014 to 950,000 on the pace of shipments.

• United States’ exports are up 50,000 tons to 3.2 million in 2014 and up 250,000 tons to 3.5 million in 2015 on a larger crop.

• Philippines’ imports are cut 550,000 tons in 2014 and 200,000 tons in 2015 to 1.5 million and 1.6 million, respectively, on delayed arrivals and government investigations into undocumented trade.

• Vietnam’s imports are up 100,000 tons in 2014 and 2015 to 300,000 and 400,000,

respectively, due to normal stocking patterns. • For 2013, Pakistan’s exports are raised 526,000 tons to a record 4.1 million while

Egypt’s exports are cut 150,000 tons to 700,000, and Madagascar’s imports are up 110,000 tons to 460,000, all based on trade data.


10

July 2014

World Rice Trade

January/December Year, Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

600600600526608732 Argentina

450450500460449311 Australia

8008009508301,1051,296 Brazil

1,3001,3001,3001,1631,3571,075 Burma

1,2001,2001,0001,075900860 Cambodia

350350350447267487 China

875875800700600320 Egypt

400400400345285257 Guyana

9,0009,00010,00010,48010,2504,637 India

200200200200200200 Japan

3,9003,9003,9004,1263,3993,414 Pakistan

260260250365262208 Paraguay

10,00010,0009,0006,7226,94510,647 Thailand

9509509009391,056841 Uruguay

6,7006,7006,5006,7007,7177,000 Vietnam

1,0551,0551,0391,0601,2531,039 Others

38,04038,04037,68936,13836,65333,324 Subtotal

3,5003,2503,1503,2713,3053,246 United States

41,54041,29040,83939,40939,95836,570 World Total

none

TY Imports

450450450430360275 Angola

700700700712732591 Brazil

525500525550450310 Cameroon

3,7003,7003,2003,4832,900575 China

1,2001,2001,1509401,375935 Cote d'Ivoire

450450450413330558 Cuba

1,4001,4001,3501,3751,3131,496 European Union

620620600725595620 Ghana

425425420419415381 Hong Kong

1,0001,0001,5006501,9603,098 Indonesia

1,7001,7001,6502,2201,5001,870 Iran

1,4501,4501,4001,2941,4781,036 Iraq

700700700690650742 Japan

480480440410400335 Kenya

450450445580238532 Korea, South

1,1001,1001,1008901,0061,076 Malaysia

775775750746680705 Mexico

520475500500445360 Mozambique

3,5003,5003,0002,4003,4002,550 Nigeria

1,6001,8001,4501,0001,5001,200 Philippines

1,3251,3251,3251,3261,1931,059 Saudi Arabia

1,1001,1001,1001,0751,200805 Senegal

1,1001,1001,100990870885 South Africa

460460450440430420 United Arab Emirates

450450450432420337 Yemen

10,64810,50811,44811,07510,74410,656 Others

37,82837,81837,65335,76536,58433,407 Subtotal

3,0422,7722,4562,9692,7342,542 Unaccounted

670700730675640621 United States

41,54041,29040,83939,40939,95836,570 World Total


Note about dates: 2014/15 is calendar year 2015, 2013/14 is calendar year 2014, and so on.

July 2014

World Rice Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Milled Production

34,80034,80034,59033,82033,70031,700 Bangladesh

8,5008,5008,5008,0377,8889,300 Brazil

12,15012,15011,95711,71511,47311,060 Burma

4,9004,9004,7254,6704,2684,233 Cambodia

144,000144,000142,300143,000140,700137,000 China

4,9004,9004,8804,6754,2503,100 Egypt

104,000106,000106,290105,240105,31095,980 India

37,70037,70037,35536,55036,50035,500 Indonesia

7,7007,7007,8327,7567,6467,720 Japan

4,1504,1504,2304,0064,2244,295 Korea, South

3,1003,1003,3613,0002,9702,680 Nepal

6,7006,7006,6005,8006,2005,000 Pakistan

12,20012,20011,81311,42810,71010,539 Philippines

20,50020,50020,50020,20020,46020,262 Thailand

28,20027,80028,00027,53727,15226,371 Vietnam

38,70638,80838,40937,88737,60337,613 Others

472,206473,908471,342465,321461,054442,353 Subtotal

7,2276,8116,1156,3365,8667,593 United States

479,433480,719477,457471,657466,920449,946 World Total

none

Consumption and Residual

34,80034,80034,60034,50034,30032,400 Bangladesh

7,9508,1507,9507,8507,9288,200 Brazil

11,00011,00010,50010,40010,20010,100 Burma

3,7003,7003,6503,5503,4003,370 Cambodia

148,000148,000146,000144,000139,600135,000 China

4,1004,1004,0004,0503,6203,300 Egypt

98,00098,00096,50094,03193,33490,206 India

39,20039,20038,65038,12738,18838,044 Indonesia

3,4503,4503,4003,3503,3003,250 Iran

8,2008,2008,2508,2508,0508,200 Japan

4,5904,5904,6074,5004,9055,175 Korea, South

6,1006,1006,0005,3005,6004,800 Nigeria

13,20013,20012,85012,85012,86012,900 Philippines

10,90010,90010,80010,60010,40010,300 Thailand

21,50021,50021,50021,90019,65019,400 Vietnam

60,19160,11460,29358,59756,78953,799 Others

478,146478,087471,905464,772456,274440,623 Subtotal

4,2564,0963,9333,7523,4934,330 United States

482,402482,183475,838468,524459,767444,953 World Total

none

Ending Stocks

45,62646,18246,27646,82645,02342,574 China

22,23024,23025,23025,44025,10023,500 India

6,1816,1816,6816,4767,4037,131 Indonesia

2,8242,8242,8242,7422,7472,712 Japan

2,5003,3271,9001,4871,5092,459 Philippines

13,70813,70813,80812,8089,3305,615 Thailand

1,5637451,1638631,8261,941 Vietnam

12,64212,27512,57712,09912,52312,165 Others

107,274109,472110,459108,741105,46198,097 Subtotal

1,2731,1931,0571,1561,3031,514 United States

108,547110,665111,516109,897106,76499,611 World Total

Note: All data are reported on a milled basis.

July 2014

Regional Rice Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

1,654 North America 1,664 1,776 1,830 1,825 1,795

1,099 Caribbean 845 980 1,025 1,015 1,015

1,396 South America 1,896 1,702 1,847 1,907 1,907

128 Other Europe 114 125 130 130 130

366 Former Soviet Union - 12 456 544 531 441 441

6,099 Middle East 6,455 7,128 6,710 6,755 6,755

381 North Africa 777 487 495 520 520


2,444 East Asia 4,389 5,332 4,950 5,460 5,460

1,864 South Asia 737 712 960 740 770

6,418 Southeast Asia 5,488 3,611 5,005 4,850 4,750

2,314 Others 2,158 2,193 2,245 2,125 2,125

34,028 Total 37,224 36,440 38,383 38,518 38,498

Production none

7,739 North America 5,979 6,467 6,248 6,944 7,360

943 Caribbean 1,002 974 1,040 1,053 1,053

17,197 South America 15,215 15,855 16,479 16,522 16,522

2,172 European Union - 28 2,110 2,086 1,942 1,963 1,963


2,131 Middle East 2,170 2,135 2,330 2,349 2,349

3,139 North Africa 4,289 4,704 4,919 4,900 4,900


151,636 East Asia 155,342 157,618 157,373 158,781 158,781

138,116 South Asia 151,656 150,995 154,191 153,920 151,920

111,008 Southeast Asia 113,649 115,450 117,571 118,601 119,001

1,245 Others 1,364 1,546 1,313 1,406 1,292

449,946 Total 466,920 471,657 477,457 480,719 479,433


5,430 North America 4,669 4,950 5,143 5,336 5,496

1,109 Central America 1,156 1,185 1,226 1,231 1,231

2,055 Caribbean 1,997 1,959 2,066 2,073 2,073

14,427 South America 14,180 14,384 14,566 14,823 14,623

3,250 European Union - 28 3,300 3,250 3,200 3,200 3,200


8,293 Middle East 8,603 8,810 9,020 9,150 9,175

3,677 North Africa 4,045 4,572 4,509 4,560 4,560


151,568 East Asia 155,911 160,239 162,487 164,355 164,355

130,792 South Asia 136,823 137,673 140,861 142,540 142,540

98,530 Southeast Asia 99,148 101,968 102,616 104,221 104,221

634 Others 661 707 710 570 530

442,774 Total 455,617 465,607 473,483 479,100 479,137

Ending Stocks none

1,734 North America 1,455 1,345 1,267 1,418 1,498

249 Central America 273 265 268 273 273

122 Caribbean 157 104 103 98 98

2,220 South America 1,609 1,503 1,760 1,857 2,151

1,215 European Union - 28 1,117 1,145 1,037 1,010 1,010

1,731 Middle East 1,526 1,943 1,853 1,642 1,722

122 North Africa 487 427 532 517 517


46,690 East Asia 48,874 50,621 50,160 50,002 49,446

25,342 South Asia 27,511 27,019 27,289 26,389 24,419

18,599 Southeast Asia 21,369 23,202 25,362 25,701 25,692

27 Oceania 40 231 125 88 51

200 Others 134 186 179 184 184

99,611 Total 106,764 109,897 111,516 110,665 108,547



July 2014


14

175

200

225

250

275

300

325

$/M

T

Corn Daily Export Bids

U.S. Gulf Brazil ParanaguaBlack Sea Argentina Up River

COARSE GRAINS: WORLD MARKETS AND TRADE OVERVIEW World corn production in 2014/15 is mostly unchanged with a larger forecast crop in China more than offset by reduced crop prospects in the United States and Canada. However, global ending stocks are forecast at the highest level in 15 years with greater carryin stocks in Brazil and the United States. Global trade is slightly lower. U.S. exports are unchanged, but the season-average farm price is lowered due to greater supplies and reduced feed and residual use. For 2013/14, global trade is slightly higher as stronger demand from the EU and South Korea more than offsets weaker demand from China. U.S. exports are unchanged; the season-average farm price is lowered slightly on declining cash and futures prices. PRICES Corn prices at all origins dropped since the release of the June WASDE report. U.S. quotes fell $14/ton to $197/ton on prospects for another bumper crop, favorable growing conditions, and larger supplies as indicated by the June 1 Grain Stocks report. Argentina and Brazil shed $8/ton and $10/ton, respectively, but are now only slightly lower than the United States. Black Sea quotes plummeted $42/ton to $197/ton with projections for abundant supplies available from competitor countries. TRADE CHANGES IN 2014/15 Selected Exporters

Canadian corn is cut 500,000 tons to 1.0 million because of sharply reduced crop prospects.

Serbian corn is boosted 200,000 tons to 2.3 million on improved crop prospects.

Canadian barley is slashed 400,000 tons to 800,000, the lowest in over a decade, on reduced plantings and tight domestic supplies. (Exports for 2013/14 are lowered 200,000 tons to 1.6 million).

July 2014


15

Ukrainian barley is up 200,000 tons to 2.2 million on larger exportable supplies. (Exports for 2013/14 are cut 200,000 tons to 2.1 million.)

Argentine sorghum is down 200,000 tons to 1.8 million because of greater expected supplies from the United States.

Australian sorghum is lowered 200,000 tons to 800,000 because of strong domestic feed demand. (Exports for 2013/14 are cut 300,000 tons to 400,000).

U.S. sorghum is raised 500,000 tons to 4.5 million because of greater exportable supplies and strong demand from China. (Exports for 2013/14 are up 300,000 tons to 5.0 million.)

Selected Importers

Chinese sorghum is up 200,000 tons to 3.9 million because of strong demand for imported feedstuffs.

TRADE CHANGES IN 2013/14 Selected Exporters

Russian corn is raised 200,000 tons (to 4.0 million); barley is boosted 400,000 tons (to 2.7 million), both on the pace of shipments.

Argentine barley is lowered by 300,000 tons to 2.7 million on the near-absence of new sales; Australian barley is up 300,000 tons (to 6.0 million) because of strong demand from China.

Selected Importers

Chinese corn is cut 500,000 tons to 3.5 million due to continuing cancellations of U.S. sales, slow trade in recent months, and greater domestic supplies. (Barley is boosted 500,000 tons to 3.8 million because of a surge in trade with Australia.)

EU corn is up 500,000 tons to a multi-decade high of 14.5 million based on license and shipment data, although the pace is expected to ease in coming weeks. (Exports are boosted 200,000 tons to 2.2 million.)

South Korean corn is raised 500,000 tons to a record 10.0 million based on the strong pace of shipments, despite overall sluggish meat production.

Saudi barley is cut 500,000 tons to 7.5 million because of slowing trade in recent months and ample stocks.

July 2014

World Coarse Grain Trade

October/September Year, Thousand Metric Tons

2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

21,30521,50513,40529,49622,30718,628 Argentina

5,7255,9256,6506,4107,2794,897 Australia

22,01022,01020,51526,07812,67711,591 Brazil

3,7004,6004,7004,6693,8534,427 Canada

8,1058,0556,7308,9147,1775,865 European Union

2,6502,6503,7505,5414,8583,437 India

7,1107,1106,7854,3655,9971,029 Russia

2,3252,1101,8256282,3452,013 Serbia

2,5252,5252,3252,4131,8512,857 South Africa

18,36018,16022,29515,52717,4477,490 Ukraine

7,1207,1207,7707,5297,4654,540 Others

100,935101,77096,750111,57093,25666,774 Subtotal

47,78547,28553,36020,58940,19149,183 United States

148,720149,055150,110132,159133,447115,957 World Total

none

TY Imports

3,9103,9104,0103,2803,6912,949 Algeria

1,2051,2051,2051,2401,211650 Brazil

1,6251,6251,7251,3271,5231,271 Chile

10,0009,80010,8005,6047,9242,697 China

4,7304,7305,0304,0884,1034,155 Colombia

1,2001,2001,1001,0461,054999 Dominican Republic

6,5306,5307,0555,0967,2505,840 Egypt

13,30513,30514,80511,7666,9088,635 European Union

2,6002,6002,8002,7191,7243,041 Indonesia

5,8005,8005,5004,8005,7004,000 Iran

1,8651,8651,8001,5641,5301,446 Israel

18,90018,90018,50017,74317,73018,590 Japan

1,3001,3001,2001,2021,158917 Jordan

9,5909,59010,0908,2657,7268,168 Korea, South

1,2501,2501,1501,220829543 Libya

3,4003,4003,2003,0483,3092,809 Malaysia

11,40011,40011,9107,62312,81910,760 Mexico

2,6002,6002,4001,8312,4792,059 Morocco

2,4252,4252,4252,4041,9282,079 Peru

10,00510,0059,82512,39010,4858,138 Saudi Arabia

1,0001,0007507671,2821,959 Syria

4,3504,3504,3504,3984,4784,277 Taiwan

2,5002,5001,8001,922782496 Turkey

2,6002,6002,6002,1462,5961,251 Venezuela

2,0002,0002,2001,7001,6001,000 Vietnam

15,46515,34015,27113,84814,90213,895 Others

141,555141,230143,501123,037126,721112,624 Subtotal

4,0154,7253,3582,6593,586884 Unaccounted

3,1503,1003,2516,4633,1402,449 United States

148,720149,055150,110132,159133,447115,957 World Total


July 2014

World Coarse Grains Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

35,16635,16633,46537,24630,10533,258 Argentina

11,75711,80712,37011,41412,25711,485 Australia

77,11377,11381,11384,25375,88460,380 Brazil

21,76523,06528,73524,42722,92122,668 Canada

228,580226,580225,070212,192198,635183,771 China

13,05013,05013,05012,28612,26411,193 Ethiopia

154,046153,083158,341146,073149,881142,829 European Union

41,73041,73042,71039,94042,25043,370 India

9,2009,2009,1008,5008,8506,800 Indonesia

30,14030,14029,84028,88125,68929,226 Mexico

19,20019,20019,20018,57317,42120,720 Nigeria

38,50038,00035,73528,65833,07716,416 Russia

14,04314,04315,05312,87313,26811,310 South Africa

9,5759,57513,07510,59511,29910,184 Turkey

36,10035,30039,91829,52733,47621,503 Ukraine

153,338153,058148,846146,923146,014144,115 Others

893,303890,110905,621852,361833,291769,228 Subtotal

367,863368,588369,431286,005323,728330,236 United States

1,261,1661,258,6981,275,0521,138,3661,157,0191,099,464 World Total

none

Domestic Consumption

13,73113,63112,99512,05010,51011,033 Argentina

59,90359,90358,37855,80353,65352,548 Brazil

20,77020,92022,14020,26220,28021,201 Canada

235,500235,300225,375209,671196,192188,448 China

13,07813,07812,88012,60512,73613,332 Egypt

13,15013,15013,15012,15011,85010,700 Ethiopia

160,370160,070163,795153,295151,460154,642 European Union

39,35039,35037,40035,27537,75038,850 India

19,10019,10018,70018,03017,99018,875 Japan

40,94040,94039,89536,19537,98539,785 Mexico

19,30019,30019,25018,70017,32120,670 Nigeria

31,20031,20028,81925,13427,72818,131 Russia

12,02312,02312,11011,61011,25011,206 South Africa

13,23013,23013,43012,95511,75511,075 Turkey

17,28517,08516,30714,66115,55913,772 Ukraine

232,064231,239223,949218,841213,602206,951 Others

942,047941,401927,403861,332866,172831,990 Subtotal

308,828309,306307,908276,268290,047298,057 United States

1,250,8751,250,7071,235,3111,137,6001,156,2191,130,047 World Total

none

Ending Stocks

6,1985,9985,0582,4831,3375,597 Argentina

16,38914,39417,98414,5599,82110,836 Brazil

81,70679,44678,75168,38660,37050,134 China

12,61412,22113,73812,83715,57916,733 European Union

3,3343,3343,8344,2344,7344,138 Iran

3,2633,2634,4983,4883,1251,650 Saudi Arabia

3,8313,4463,3212,3302,4212,149 Ukraine

42,97143,61947,11837,54543,42044,302 Others

170,306165,721174,302145,862140,807135,539 Subtotal

49,11946,85334,83223,53127,82032,288 United States

219,425212,574209,134169,393168,627167,827 World Total

July 2014

Regional Coarse Grains Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

14,265 North America 16,723 14,609 15,606 15,035 15,110

2,900 Central America 2,769 2,470 3,001 3,200 3,200

2,193 Caribbean 2,159 2,327 2,385 2,510 2,510

10,536 South America 11,968 11,804 13,650 13,200 13,200

8,635 European Union - 28 6,908 11,766 14,805 13,305 13,305

1,139 Former Soviet Union - 12 1,038 725 900 880 880

18,690 Middle East 23,362 24,922 23,235 24,960 25,060

12,349 North Africa 15,320 13,037 15,865 15,240 15,240


33,888 East Asia 38,040 36,163 43,870 42,770 42,970

7,558 Southeast Asia 7,317 8,058 9,580 9,280 9,280

876 Others 1,019 942 1,145 1,055 1,055

115,073 Total 129,861 129,500 146,752 144,330 144,705

Production none

382,130 North America 372,338 339,313 428,006 421,793 419,768

106,037 South America 117,979 135,054 127,723 126,346 126,346

142,829 European Union - 28 149,881 146,073 158,341 153,083 154,046

9,996 Other Europe 9,497 6,584 9,434 9,201 9,531


19,559 Middle East 20,382 18,215 20,945 16,888 16,888

12,159 North Africa 11,142 10,129 11,657 11,389 11,389


185,731 East Asia 200,748 214,647 227,516 229,088 231,088

50,624 South Asia 50,314 48,598 51,738 50,778 50,778

26,374 Southeast Asia 28,379 29,138 30,818 31,676 31,676

12,030 Oceania 12,813 12,082 13,011 12,467 12,417

4,586 Others 4,789 4,869 4,868 4,868 4,868

1,099,464 Total 1,157,019 1,138,366 1,275,052 1,258,698 1,261,166


359,043 North America 348,312 332,725 369,943 371,166 370,538

84,120 South America 85,318 89,512 94,058 96,971 97,096

154,642 European Union - 28 151,460 153,295 163,795 160,070 160,370

8,714 Other Europe 8,374 7,104 7,847 7,921 8,071


38,540 Middle East 40,949 42,548 44,086 44,776 44,976

25,390 North Africa 25,266 24,636 26,112 27,360 27,360


221,781 East Asia 228,692 243,025 260,756 270,811 271,311

46,064 South Asia 45,658 43,484 46,173 48,329 48,329

33,139 Southeast Asia 34,612 35,867 37,320 39,020 39,020

7,495 Oceania 6,518 6,132 6,593 6,417 6,617

9,698 Others 9,692 9,634 10,123 10,423 10,423

1,129,276 Total 1,137,668 1,143,505 1,226,481 1,248,825 1,249,822

Ending Stocks none

37,878 North America 33,072 28,239 43,110 53,601 55,352

20,420 South America 13,958 19,162 25,742 22,955 25,147

16,733 European Union - 28 15,579 12,837 13,738 12,221 12,614

1,455 Other Europe 1,023 611 1,292 1,302 1,277


8,087 Middle East 10,492 9,775 11,449 8,376 8,426

4,784 North Africa 5,447 3,756 5,123 4,372 4,372


53,420 East Asia 63,410 71,061 81,561 82,023 84,183

3,071 South Asia 2,959 2,803 4,488 4,202 4,202

3,508 Southeast Asia 3,061 3,225 3,813 4,269 4,109

1,583 Oceania 978 915 798 1,007 883

793 Others 792 752 853 978 978

167,827 Total 168,627 169,393 209,134 212,574 219,425



July 2014

World Corn Trade


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

17,00017,0009,50022,78916,50115,198 Argentina

22,00022,00020,50026,04412,67411,582 Brazil

1,0001,5001,2001,8134941,658 Canada

2,0002,0002,2002,1933,2871,096 European Union

2,5002,5003,5004,7684,6743,376 India

2,1002,1002,0002,8582,1881,201 Paraguay

3,5003,5004,0001,9172,02737 Russia

2,3002,1001,8006012,3312,004 Serbia

2,5002,5002,3002,3981,8312,839 South Africa

16,00016,00020,00012,72615,1575,008 Ukraine

4,2404,2404,9504,1444,1702,548 Others

75,14075,44071,95082,25165,33446,547 Subtotal

43,00043,00048,00018,27538,42845,135 United States

118,140118,440119,950100,526103,76291,682 World Total

none

TY Imports

3,5003,5003,5002,9093,2032,683 Algeria

800800800871937287 Brazil

1,3001,3001,500844906526 Chile

3,0003,0003,5002,7025,231979 China

4,2004,2004,5003,2643,2093,511 Colombia

900900900911746838 Cuba

1,2001,2001,1001,0461,054999 Dominican Republic

6,5006,5007,0005,0597,1545,803 Egypt

13,00013,00014,50011,3516,1137,385 European Union

850850750678691676 Guatemala

2,6002,6002,8002,7191,7243,041 Indonesia

4,8004,8005,0003,7004,0003,500 Iran

1,5001,5001,4001,2241,2211,029 Israel

16,00016,00015,50014,41214,89215,648 Japan

9,5009,50010,0008,1747,6368,107 Korea, South

3,4003,4003,2003,0483,3092,809 Malaysia

10,90010,90011,5005,67611,1728,252 Mexico

2,0002,0001,9001,6841,9431,738 Morocco

2,3002,3002,3002,2541,7721,939 Peru

2,5002,5002,3002,0631,8161,933 Saudi Arabia

4,2004,2004,2004,2324,3414,134 Taiwan

850850850846853677 Tunisia

2,0002,0001,5001,656729453 Turkey

2,6002,6002,6002,1462,5961,251 Venezuela

2,0002,0002,2001,7001,6001,000 Vietnam

11,91011,81011,2709,38811,56511,099 Others

114,310114,210116,57094,557100,41390,297 Subtotal

3,0803,4802,5801,7452,584701 Unaccounted

7507508004,224765684 United States

118,140118,440119,950100,526103,76291,682 World Total


July 2014

World Corn Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

26,00026,00024,00027,00021,00025,200 Argentina

74,00074,00078,00081,50073,00057,400 Brazil

11,60012,50014,20013,06011,35912,043 Canada

222,000220,000218,490205,614192,780177,245 China

6,5006,5006,5006,1586,0694,895 Ethiopia

65,64265,24764,57358,86668,11858,265 European Union

22,00022,00024,19022,26021,76021,730 India

9,2009,2009,1008,5008,8506,800 Indonesia

22,50022,50021,90021,59118,72621,058 Mexico

7,7007,7007,7007,6309,2508,800 Nigeria

7,9007,9007,5407,2617,1307,271 Philippines

13,00013,00011,6358,2136,9623,075 Russia

6,6006,3006,4003,7506,4006,800 Serbia

13,50013,50014,50012,36512,75910,924 South Africa

27,00027,00030,90020,92222,83811,919 Ukraine

93,76193,81191,10590,28588,37786,329 Others

628,903627,158630,733594,975575,378519,754 Subtotal

352,060353,965353,715273,832313,949316,165 United States

980,963981,123984,448868,807889,327835,919 World Total

none

Total Consumption

9,0009,0008,3007,9007,0007,300 Argentina

56,50056,50055,00052,50050,50049,500 Brazil

12,20012,20012,20011,60511,63611,761 Canada

222,000222,000212,000200,000188,000180,000 China

12,20012,20012,00011,70011,70012,500 Egypt

76,50076,50076,00069,60069,50064,900 European Union

20,30020,30019,50017,50017,20018,100 India

11,90011,90011,50010,90010,5009,800 Indonesia

16,00016,00015,50014,50014,90015,700 Japan

9,9009,6009,9008,4817,8158,214 Korea, South

32,75032,75031,50027,00029,00029,500 Mexico

8,4008,4008,0007,4007,4007,200 Philippines

9,0009,0007,6006,4004,7003,200 Russia

11,40011,40011,50011,00010,70010,650 South Africa

10,90010,9009,9008,1007,8006,500 Ukraine

151,486151,311145,711141,284140,350133,552 Others

670,786670,711653,684601,578605,781567,325 Subtotal

295,542296,812295,543263,641279,035285,123 United States

966,328967,523949,227865,219884,816852,448 World Total

none

Ending Stocks

4,5354,5353,5251,3158994,041 Argentina

15,75013,75017,45014,1509,21210,278 Brazil

80,36078,10077,46067,57059,33549,415 China

6,1055,9105,9635,0906,6665,222 European Union

2,6112,6112,4611,0611,3161,112 Mexico

3,0173,0173,0923,0673,6763,418 South Africa

2,3912,3912,2411,1911,0511,121 Ukraine

27,52728,48229,56723,89327,33126,846 Others

142,296138,796141,759117,337109,486101,453 Subtotal

45,75643,85131,65820,85925,12228,644 United States

188,052182,647173,417138,196134,608130,097 World Total

July 2014

Regional Corn Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

9,920 North America 12,684 10,393 12,700 12,150 12,150

2,889 Central America 2,766 2,470 3,000 3,200 3,200

8,372 South America 9,886 9,643 12,170 11,620 11,620

7,385 European Union - 28 6,113 11,351 14,500 13,000 13,000


9,942 Middle East 10,686 10,738 12,525 13,325 13,425

11,265 North Africa 13,799 11,145 13,900 13,550 13,550


29,024 East Asia 32,282 29,673 33,330 32,830 32,830

7,541 Southeast Asia 7,304 8,040 9,560 9,260 9,260

2,193 Caribbean 2,159 2,327 2,385 2,510 2,510

574 Others 590 672 790 710 710

90,981 Total 101,178 98,781 117,370 114,960 115,060

Production none

349,266 North America 344,034 308,483 389,815 388,965 386,160

93,105 South America 103,988 119,769 112,880 111,670 111,670

58,265 European Union - 28 68,118 58,866 64,573 65,247 65,642

8,291 Other Europe 7,810 4,915 7,690 7,481 7,781


6,448 Middle East 7,164 6,330 6,946 6,688 6,688

6,780 North Africa 5,722 5,891 6,001 5,951 5,951


178,955 East Asia 194,585 207,760 220,619 222,199 224,199

27,663 South Asia 28,536 29,705 31,830 29,660 29,660

3,549 Central America 3,698 3,740 3,743 3,743 3,743

26,135 Southeast Asia 28,138 28,893 30,573 31,431 31,431

1,168 Others 1,312 1,380 1,199 1,282 1,282

835,919 Total 889,327 868,807 984,448 981,123 980,963


326,384 North America 319,671 302,246 339,243 341,762 340,492

73,823 South America 75,021 78,456 82,720 85,520 85,545

64,900 European Union - 28 69,500 69,600 76,000 76,500 76,500

6,741 Other Europe 6,392 5,194 5,845 5,935 6,035


16,885 Middle East 17,348 18,081 18,510 20,835 20,935

18,525 North Africa 18,000 18,150 18,900 19,450 19,450


209,870 East Asia 217,047 229,434 243,805 254,035 254,335

23,981 South Asia 23,770 24,480 26,870 27,870 27,870

32,893 Southeast Asia 34,357 35,609 37,060 38,760 38,760

6,375 Central America 6,425 6,200 6,625 6,825 6,825

3,420 Others 3,369 3,556 3,585 3,735 3,735

853,500 Total 867,736 869,511 941,654 966,773 965,978

Ending Stocks none

31,019 North America 27,803 23,469 36,568 48,511 49,716

18,056 South America 12,608 17,238 23,328 20,438 22,433

5,222 European Union - 28 6,666 5,090 5,963 5,910 6,105

1,212 Other Europe 771 353 1,018 1,024 1,024


3,918 Middle East 4,548 3,541 4,107 3,190 3,190

2,102 North Africa 2,960 1,969 2,860 2,901 2,901


52,082 East Asia 61,836 69,729 79,773 80,207 82,367

1,549 South Asia 1,680 2,080 3,640 2,780 2,780

3,504 Southeast Asia 3,058 3,220 3,808 4,264 4,104

547 Central America 564 507 600 693 693

250 Others 241 275 269 285 291

130,097 Total 134,608 138,196 173,417 182,647 188,052



July 2014

World Barley Trade


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

2,5002,5002,7003,6473,6311,531 Argentina

4,7004,7006,0004,6215,8194,088 Australia

8001,2001,6001,3161,4371,052 Canada

5,8005,8004,1006,4733,6464,581 European Union

1001002005425230 India

400400400151659224 Kazakhstan

15151520510 Moldova

3,5003,5002,7002,3663,668969 Russia

25102526149 Serbia

2,2002,0002,1002,6592,1662,446 Ukraine

556515112035 Others

20,04520,23019,90521,97221,21714,975 Subtotal

250250325162179181 United States

20,29520,48020,23022,13421,39615,156 World Total

none

TY Imports

400400500364479262 Algeria

100100502510025 Belarus

400400400369274362 Brazil

3,0003,0003,8002,1842,5411,656 China

275275275232301251 Colombia

1,0001,0005001,1001,700500 Iran

300300275244276287 Israel

1,3001,3001,3001,3561,2571,359 Japan

750750750831750544 Jordan

400400400388376317 Kuwait

550550500573183179 Libya

1001001004714426 Mexico

600600500147536222 Morocco

1001001001039783 Peru

200200300278372411 Russia

7,5007,5007,50010,2008,6006,200 Saudi Arabia

500500250300200300 Syria

100100400764218281 Tunisia

5005003002664639 Turkey

550550550541524334 United Arab Emirates

9609359009511,4281,265 Others

19,58519,56019,65021,26320,40214,903 Subtotal

210420130440525105 Unaccounted

500500450431469148 United States

20,29520,48020,23022,13421,39615,156 World Total


July 2014

World Barley Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

1,6501,6501,4981,5001,3501,500 Algeria

3,8503,8504,7505,0004,5002,950 Argentina

8,1008,1009,5457,4728,2217,995 Australia

1,4001,4001,7002,1002,0131,966 Belarus

7,0007,20010,2508,0127,8927,627 Canada

1,4001,4001,5001,6261,6371,972 China

1,8001,8001,8001,7821,5921,703 Ethiopia

55,86955,88459,60754,89751,88353,691 European Union

1,7301,7301,7501,6201,6601,350 India

3,2003,2003,2003,4002,9003,580 Iran

2,6002,6002,5391,5002,5931,313 Kazakhstan

1,7501,7502,7001,2002,3402,570 Morocco

16,50016,00015,38913,95216,9388,350 Russia

4,0004,0007,3005,5007,0005,900 Turkey

7,8007,0007,5616,9359,0988,484 Ukraine

9,2079,1779,3028,7318,5348,264 Others

127,856126,741140,391125,227130,151119,215 Subtotal

4,0804,2674,6834,7963,3923,925 United States

131,936131,008145,074130,023133,543123,140 World Total

none

Total Consumption

2,2502,2502,2502,0001,8001,600 Algeria

1,6001,5001,6001,3001,2001,135 Argentina

3,3003,3003,7003,0003,3004,200 Australia

6,8006,8007,9006,8096,9167,464 Canada

4,5004,5005,2004,0003,8004,050 China

1,8501,8501,8501,7251,6001,725 Ethiopia

51,00051,00053,70051,00051,20056,610 European Union

1,7501,7501,2001,5251,5501,350 India

4,3004,3004,1004,6004,1003,900 Iran

2,3002,3002,1001,3751,8251,475 Kazakhstan

3,0003,0002,4001,9003,1003,050 Morocco

13,20013,20012,80012,10014,3009,500 Russia

8,7258,7258,5258,1257,2256,325 Saudi Arabia

5,1505,1506,9506,2006,7506,000 Turkey

5,2005,0005,1005,1006,3006,000 Ukraine

17,07416,94917,34116,82716,29315,565 Others

132,008131,893137,149127,058131,013131,715 Subtotal

4,4424,6594,7424,6664,1924,537 United States

136,450136,552141,891131,724135,205136,252 World Total

none

Ending Stocks

7427429421,1941,4351,236 Algeria

1,2089831,7589831,1951,502 Canada

4,3694,3845,2505,0936,0697,938 European Union

1,2481,2481,3481,7481,3481,348 Iran

9156159157268481,386 Russia

2,8532,8534,0783,1032,7281,253 Saudi Arabia

1,2648648598731,172794 Ukraine

5,2195,3037,1465,4296,4996,860 Others

17,81816,99222,29619,14921,29422,317 Subtotal

1,7501,7781,7861,7501,3061,945 United States

19,56818,77024,08220,89922,60024,262 World Total

7/11/2014 9:51:52 AM

July 2014

Regional Barley Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

227 North America 619 499 575 625 650

922 South America 851 1,064 985 985 985

288 European Union - 28 364 52 50 50 50

189 Other Europe 209 127 175 175 175


8,604 Middle East 12,557 13,956 10,560 11,560 11,560

960 North Africa 1,458 1,885 1,950 1,675 1,675

77 Sub-Saharan Africa 105 57 75 80 80

3,107 East Asia 3,924 3,663 5,225 4,425 4,425

8 South Asia 68 7 30 30 30

15 Oceania 19 9 15 15 15

15,051 Total 20,871 21,694 20,100 20,060 20,085

Production none

12,224 North America 11,771 13,840 15,483 12,017 11,630

3,869 South America 5,539 6,094 5,890 4,985 4,985

53,691 European Union - 28 51,883 54,897 59,607 55,884 55,869

1,142 Other Europe 1,189 1,193 1,268 1,244 1,274


11,459 Middle East 11,675 10,285 12,434 8,635 8,635

4,546 North Africa 4,410 3,309 4,727 4,509 4,509


2,215 East Asia 1,939 1,928 1,810 1,702 1,702

1,990 South Asia 2,267 2,152 2,457 2,437 2,437

8,303 Oceania 8,538 7,911 9,953 8,510 8,510

123,140 Total 133,543 130,023 145,074 131,008 131,936


12,701 North America 11,808 12,375 13,342 12,159 11,942

2,927 South America 3,062 3,351 3,665 3,595 3,695

56,610 European Union - 28 51,200 51,000 53,700 51,000 51,000

1,339 Other Europe 1,366 1,298 1,423 1,397 1,422


19,884 Middle East 22,016 22,585 23,846 22,271 22,371

5,882 North Africa 6,186 5,555 6,280 6,978 6,978


5,772 East Asia 5,555 5,806 6,955 6,255 6,255

1,992 South Asia 2,197 2,063 1,912 2,468 2,468

4,550 Oceania 3,650 3,425 4,125 3,725 3,725

134,486 Total 135,451 132,252 141,458 136,233 136,441

Ending Stocks none

3,647 North America 2,621 3,014 3,775 2,942 3,139

809 South America 562 686 1,167 942 942

7,938 European Union - 28 6,069 5,093 5,250 4,384 4,369

193 Other Europe 204 227 221 233 223


4,092 Middle East 5,847 6,139 7,262 5,136 5,186

2,612 North Africa 2,426 1,720 2,189 1,390 1,390


680 East Asia 984 768 843 715 715

205 South Asia 266 128 233 157 157

1,040 Oceania 576 591 434 583 534

24,262 Total 22,600 20,899 24,082 18,770 19,568



July 2014

World Sorghum Trade


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

1,8002,0001,2003,0592,1631,893 Argentina

8001,0004001,4251,185575 Australia

757575757575 Ethiopia

50505023113231 India

505050507560 Nigeria

15015015012411334 Ukraine

30303026230 Uruguay

135135170151141148 Others

3,0903,4902,1255,1413,9072,816 Subtotal

4,5004,0005,0002,1281,5493,827 United States

7,5907,4907,1257,2695,4566,643 World Total

none

TY Imports

505050502530 Botswana

250250150404544729 Chile

3,9003,7003,400631844 China

250250250591592391 Colombia

505050503035 Ethiopia

200200200291126922 European Union

1,5001,5001,6001,8971,4811,418 Japan

3003002001,7891,3692,379 Mexico

100100100175125200 Sudan

1001001001168497 Taiwan

365365546634613521 Others

7,0656,8656,6466,6285,0736,726 Subtotal

525625478398380-84 Unaccounted

00124331 United States

7,5907,4907,1257,2695,4566,643 World Total


July 2014

World Sorghum Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

4,8004,8004,2004,7004,2004,400 Argentina

2,0502,0501,1072,2302,2391,935 Australia

2,4002,4002,4002,1022,2222,314 Brazil

1,9001,9001,9401,9241,5001,990 Burkina

1,1501,1501,1501,1001,1501,099 Cameroon

9009007451,172648680 Chad

2,8002,8002,7002,5562,0512,456 China

4,0004,0004,0003,6043,9513,960 Ethiopia

6,0006,0005,2505,3006,0307,000 India

1,2001,2001,2001,2121,1911,257 Mali

7,0007,0007,3006,1746,4257,385 Mexico

1,2001,2001,2871,3768071,300 Niger

6,5006,5006,5005,9436,9006,750 Nigeria

3,8003,8002,2494,5244,6052,630 Sudan

800800800839807800 Tanzania

7,1707,1707,0796,9057,0726,432 Others

53,67053,67049,90751,66151,79852,388 Subtotal

10,4149,1449,8826,2725,4478,779 United States

64,08462,81459,78957,93357,24561,167 World Total

none

Total Consumption

2,6002,6002,6002,3001,9001,900 Argentina

1,2051,0058051,1051,1051,405 Australia

2,3002,3002,3002,3002,1752,075 Brazil

1,9001,9001,9001,9001,5001,900 Burkina

1,1751,1751,1751,1101,1751,109 Cameroon

9009008501,150650700 Chad

6,5006,3005,7003,2002,2002,200 China

4,0004,0004,0003,7003,7003,700 Ethiopia

5,8005,8005,2005,1506,0006,800 India

1,5001,5001,6001,9001,4751,460 Japan

1,2001,2001,2001,2001,3001,300 Mali

7,3007,3007,5008,1008,1009,400 Mexico

1,3001,3001,3001,2009501,250 Niger

6,5006,5006,4505,9006,8006,700 Nigeria

4,0004,0002,5504,7004,5003,000 Sudan

8,8998,8998,7419,3139,5019,765 Others

57,62657,31854,62053,01154,53554,682 Subtotal

5,7154,9534,4204,7833,9535,278 United States

63,34162,27159,04057,79458,48859,960 World Total

none

Ending Stocks

1,084884684784167950 Argentina

467472367272472425 Brazil

876876701326366467 China

389389414439560354 Ethiopia

295295145145223327 India

281281281281418724 Mexico

277277382588609399 Sudan

1,4491,4651,5281,5551,2381,536 Others

5,1184,9394,5024,3904,0535,182 Subtotal

1,1496151,022385583697 United States

6,2675,5545,5244,7754,6365,879 World Total

July 2014

Regional Sorghum Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

2,380 North America 1,372 2,032 201 300 300

1,218 South America 1,200 1,071 465 565 565

922 European Union - 28 126 291 200 200 200

0 Other Europe 0 0 0 0 0

121 Middle East 101 194 125 60 60

120 North Africa 54 0 5 5 5


1,523 East Asia 1,655 2,650 5,105 5,305 5,505

17 Southeast Asia 13 18 20 20 20

21 Others 14 11 11 10 10

6,727 Total 5,076 6,871 6,647 6,865 7,065

Production none

16,164 North America 11,872 12,446 17,182 16,144 17,414

287 Central America 312 339 335 335 335

128 Caribbean 128 128 128 128 128

7,351 South America 7,124 7,484 7,342 7,962 7,962

629 European Union - 28 671 495 594 570 570

853 Middle East 764 814 800 800 800

708 North Africa 847 763 763 763 763


2,460 East Asia 2,054 2,560 2,704 2,804 2,804

7,145 South Asia 6,175 5,445 5,395 6,145 6,145


1,935 Oceania 2,239 2,230 1,107 2,050 2,050

61 Others 176 208 250 250 250

61,167 Total 57,245 57,933 59,789 62,814 64,084


14,678 North America 12,053 12,883 11,920 12,253 13,015

300 Central America 320 325 335 335 335

128 Caribbean 128 128 128 128 128

5,739 South America 6,006 6,085 6,077 6,212 6,212

1,535 European Union - 28 760 795 795 770 770

962 Middle East 789 1,052 935 885 885

857 North Africa 908 756 756 756 756


3,764 East Asia 3,771 5,221 7,410 7,910 8,110

6,955 South Asia 6,155 5,305 5,355 5,955 5,955


1,405 Oceania 1,105 1,105 805 1,005 1,205

30 Others 55 80 105 105 105

59,942 Total 56,984 59,011 58,291 61,632 62,794

Ending Stocks none

1,421 North America 1,001 666 1,303 896 1,430

32 Central America 25 39 40 40 40

1,429 South America 695 1,107 1,132 1,455 1,652

21 European Union - 28 14 27 21 16 16

35 Middle East 56 65 55 30 30

69 North Africa 60 66 73 80 80


549 East Asia 451 413 787 961 961

327 South Asia 223 145 145 295 295

361 Oceania 230 195 147 210 192

9 Others 17 24 19 14 14

5,879 Total 4,636 4,775 5,524 5,554 6,267



July 2014

World Oats Trade


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

5551126 Argentina

200200225240174209 Australia

555639 Brazil

1,8001,8001,8001,3591,7631,496 Canada

1001005042106129 Chile

150150275126176113 European Union

1010104181 Russia

101010664 Others

2,2802,2802,3801,7842,2581,967 Subtotal


2,3102,3102,4101,8012,2852,004 World Total

none

TY Imports

000005 Albania

101010794 Algeria

000000 Argentina

555233 Bosnia and Herzegovina

10102091119 Canada

100100100876858 China

555112 Colombia

202020192211 Ecuador

555434 European Union

505050515464 Japan

100100110111134103 Mexico

40405036497 Norway

252525111115 South Africa

505050465649 Switzerland

5556811 Uruguay

00021312 Others

425425455392442367 Subtotal

18518515566114169 Unaccounted

1,7001,7001,8001,3431,7291,468 United States

2,3102,3102,4101,8012,2852,004 World Total


July 2014

World Oats Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

1101101101106788 Algeria

460460445496345660 Argentina

1,1501,2001,3261,1211,2621,128 Australia

400400450600448442 Belarus

380380380361354379 Brazil

2,8003,0003,8902,8123,1582,451 Canada

700700595680451564 Chile

580580580600600525 China

7,9788,0758,3507,9067,9277,500 European Union

250250305200258134 Kazakhstan

9090908451111 Mexico

236236236236231299 Norway

5,0005,0004,9324,0275,3323,218 Russia

210210210210218204 Turkey

500500467630506458 Ukraine

327327326315372296 Others

21,17121,51822,69220,38821,58018,457 Subtotal

1,0961,0319569297791,178 United States

22,26722,54923,64821,31722,35919,635 World Total

none

Total Consumption

1201201201197589 Algeria

475475425500350650 Argentina

1,0001,0001,0259251,100900 Australia

400400475575450475 Belarus

375375375350350370 Brazil

1,5001,6501,7501,5181,3561,530 Canada

575575575575325475 Chile

700700675675625625 China

7,9008,0008,1007,8007,8007,793 European Union

250250275225225130 Kazakhstan

190190195195185185 Mexico

295270270295270295 Norway

5,0005,0004,9004,3005,0003,450 Russia

215215215215215210 Turkey

500500475600500475 Ukraine

489489490451519467 Others

20,14420,36920,38619,41619,58418,124 Subtotal

2,6972,5522,7792,7812,5492,789 United States

22,84122,92123,16522,19722,13320,913 World Total

none

Ending Stocks

11117416160134146 Australia

5766161,066506810733 Canada

565631622338 Chile

12412414413912784 China

712709779799796832 European Union

215215225203485167 Russia

636368815240 Ukraine

174189225198230207 Others

2,0312,1462,6992,0482,6572,247 Subtotal

453594359527798982 United States

2,4842,7403,0582,5753,4553,229 World Total

July 2014

Regional Oats Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

1,590 North America 1,874 1,463 1,930 1,810 1,810

24 South America 31 26 30 30 30

4 European Union - 28 3 4 5 5 5

66 Other Europe 110 86 105 95 95


4 Middle East 4 0 0 0 0



122 East Asia 122 138 150 150 150

0 Oceania 0 0 0 0 0

1,835 Total 2,171 1,735 2,255 2,125 2,125

Production none

3,740 North America 3,988 3,825 4,936 4,121 3,986

1,644 South America 1,191 1,577 1,463 1,585 1,585

7,500 European Union - 28 7,927 7,906 8,350 8,075 7,978

428 Other Europe 373 369 369 369 369


204 Middle East 218 210 210 210 210

125 North Africa 163 166 166 166 166


527 East Asia 602 602 582 582 582

1,176 Oceania 1,291 1,139 1,357 1,230 1,180

19,635 Total 22,359 21,317 23,648 22,549 22,267


4,504 North America 4,090 4,494 4,724 4,392 4,387

1,563 South America 1,092 1,490 1,448 1,500 1,500

7,793 European Union - 28 7,800 7,800 8,100 8,000 7,900

486 Other Europe 478 474 452 462 487


210 Middle East 215 215 215 215 215

126 North Africa 172 175 176 176 176


685 East Asia 685 730 725 750 750

948 Oceania 1,129 943 1,056 1,030 1,030

20,908 Total 21,894 22,099 23,119 22,761 22,681

Ending Stocks none

1,720 North America 1,611 1,034 1,431 1,216 1,035

126 South America 93 131 115 120 120

832 European Union - 28 796 799 779 709 712

50 Other Europe 48 31 53 45 30


10 Middle East 17 12 7 2 2



95 East Asia 134 144 151 133 133

146 Oceania 134 60 161 174 111

3,229 Total 3,455 2,575 3,058 2,740 2,484



July 2014

World Rye Trade


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

TY Exports

2525252525150 Belarus

100100100181159221 Canada


100100757828422 Russia

55401692 Ukraine

000043 Others

380330390422540469 Subtotal


385335395429548472 World Total

none

TY Imports


151525341119 Israel

5050502746101 Japan

101010121111 Korea, South

151515211112 Norway

252525250150 Russia

555922 Switzerland

000180 Others

170170180197391331 Subtotal

15151510-17-7 Unaccounted

200150200222174148 United States

385335395429548472 World Total


July 2014

World Rye Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14 2014/15

Jun

2014/15

Jul

none

Production

1,3001,3001,5001,600804735 Belarus

190190210337241237 Canada

70706062592 Chile

9,1138,76310,1858,7626,9007,576 European Union

3,5003,5003,3602,1322,9671,642 Russia

350350350370366365 Turkey

400400638676579464 Ukraine

163163168183181197 Others

15,08614,73616,47114,12212,09711,218 Subtotal

213181195176161189 United States

15,29914,91716,66614,29812,25811,407 World Total

none

Total Consumption

404052404540 Argentina

1,3501,3501,4501,500700650 Belarus

9595105124101136 Canada

70706062592 Chile

9,3009,2009,7008,7007,4008,204 European Union

5050502555105 Japan

505040503040 Kazakhstan

3,5003,5003,1002,0002,8501,850 Russia

350350350375375350 Turkey

430430625625625650 Ukraine

118118128170142155 Others

15,34015,26715,68913,70512,35612,216 Subtotal

432330424397318330 United States

15,77215,59716,11314,10212,67412,546 World Total

none

Ending Stocks

18818826323816379 Belarus

212126462551 Canada

8706901,1577927451,013 European Union

7777514 Japan

288288363153129250 Russia

181818182432 Turkey

104119139166132189 Ukraine

666335 Others

1,5021,3371,9791,4231,2261,633 Subtotal


1,5131,3521,9861,4331,2371,653 World Total

July 2014

Regional Rye Imports, Production, Consumption, and Stocks


2010/11 2011/12 2012/13 2013/14

Jun

2014/15

Jul

2014/15

TY Imports none

148 North America 174 222 200 150 200

0 South America 0 0 0 0 0

36 European Union - 28 302 68 50 50 50

14 Other Europe 13 31 20 20 20


19 Middle East 14 34 25 15 15


112 East Asia 57 39 60 60 60

0 Oceania 0 0 0 0 0

479 Total 565 419 380 320 370

Production none

426 North America 402 513 405 371 403

45 South America 107 105 115 113 113

7,576 European Union - 28 6,900 8,762 10,185 8,763 9,113

76 Other Europe 62 47 47 47 47


365 Middle East 366 370 350 350 350


0 East Asia 0 0 0 0 0

33 Oceania 40 40 20 20 20

11,407 Total 12,258 14,298 16,666 14,917 15,299


466 North America 419 521 529 425 527

45 South America 107 105 115 113 113

8,204 European Union - 28 7,400 8,700 9,700 9,200 9,300

89 Other Europe 75 78 67 67 67


369 Middle East 386 409 375 365 365


116 East Asia 66 37 60 60 60

30 Oceania 40 40 20 20 20

12,512 Total 12,700 14,068 16,084 15,583 15,785

Ending Stocks none

71 North America 36 56 33 36 32

0 South America 0 0 0 0 0

1,013 European Union - 28 745 792 1,157 690 870

0 Other Europe 0 0 0 0 0


32 Middle East 24 18 18 18 18


14 East Asia 5 7 7 7 7

0 Oceania 0 0 0 0 0

1,653 Total 1,237 1,433 1,986 1,352 1,513



July 2014

HISTORICAL DATA SERIES FOR SELECTED REGIONS AND COUNTRIES

CONTENTS

European Union: Grain Supply and Demand ............................................... 35 China: Grain Supply and Demand ................................................................ 36 Other Europe: Grain Supply and Demand .................................................... 37 Former Soviet Union: Grain Supply and Demand ........................................ 38 Wheat Supply and Disappearance: Selected Exporters ................................ 42 Corn Supply and Disappearance: Selected Exporters ................................... 44 Barley Supply and Disappearance: Selected Exporters ................................ 46 Sorghum Supply and Disappearance: Selected Exporters ............................ 47

U.S. Grains: Supply and Distribution……………………………. .... ……..48 Total Wheat and Coarse Grains: Supply and Demand ................................. 49 World Wheat and Coarse Grains: Supply and Demand ............................... 50 World Corn and Barley: Supply and Demand .............................................. 51 World Rice: Supply and Demand ................................................................. 52

DG F/SA &F


34 July 2014

European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Production Imports Exports Feed Dom.

Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

111.4 115.852.59.97.44.524.5 2003/04 12.0

147.7 123.959.314.77.15.626.2 2004/05 28.3

132.9 128.263.015.76.85.126.0 2005/06 24.0

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 13.6

133.8 119.551.022.65.35.225.9 2012/13 10.6

143.3 117.049.030.53.85.625.8 2013/14 10.2

147.9 123.054.528.05.05.626.6 2014/15 12.1

Coarse Grains

134.1 147.7111.94.08.24.033.2 2003/04 13.6

169.1 155.2118.94.83.05.033.9 2004/05 25.6

149.5 150.7112.44.32.74.533.2 2005/06 22.8

140.0 150.6112.94.58.14.332.4 2006/07 15.6

138.7 157.1121.64.520.34.332.6 2007/08 13.0

164.9 154.2116.15.73.14.834.0 2008/09 21.3

157.5 152.4114.83.02.94.832.9 2009/10 26.2

142.8 154.6116.96.28.54.730.2 2010/11 16.7

149.9 151.5113.26.57.05.030.2 2011/12 15.6

146.1 153.3113.97.411.84.631.4 2012/13 12.8

158.3 163.8122.48.514.85.031.5 2013/14 13.7

154.0 160.4118.68.113.35.030.8 2014/15 12.6

Wheat and Coarse Grains

245.5 263.5164.313.915.64.357.7 2003/04 25.6

316.8 279.1178.219.510.05.360.1 2004/05 53.9

282.3 278.9175.420.09.44.859.1 2005/06 46.8

265.7 276.8173.118.513.24.757.0 2006/07 30.4

259.5 274.2174.116.927.14.557.5 2007/08 25.8

316.8 281.8176.631.110.85.260.9 2008/09 40.6

297.3 278.0172.325.38.25.058.9 2009/10 42.8

279.5 277.5169.429.313.15.056.2 2010/11 28.7

288.1 278.7170.723.214.35.156.0 2011/12 29.1

279.9 272.8164.930.017.14.957.4 2012/13 23.4

301.7 280.8171.439.018.65.357.2 2013/14 23.9

301.9 283.4173.136.118.35.357.4 2014/15 24.7

July 2014

China: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

86.5 104.56.02.83.73.922.0 2003/04 43.3

92.0 102.04.01.26.74.321.6 2004/05 38.8

97.4 101.53.51.41.14.322.8 2005/06 34.5

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

121.9 123.523.01.07.05.124.1 2013/14 58.4

124.0 122.021.01.03.05.124.2 2014/15 62.4

Coarse Grains

124.0 138.399.17.71.54.626.8 2003/04 45.9

138.3 141.1100.37.62.14.928.0 2004/05 37.6

147.8 147.1103.53.82.35.128.8 2005/06 36.8

159.1 153.6104.95.51.25.130.9 2006/07 38.0

159.2 157.9106.70.91.25.031.9 2007/08 39.5

172.4 161.2109.10.21.75.432.2 2008/09 52.2

169.8 173.3119.10.23.85.133.4 2009/10 52.3

183.8 188.4128.80.22.75.334.6 2010/11 50.1

198.6 196.2132.00.17.95.635.5 2011/12 60.4

212.2 209.7146.10.15.65.737.1 2012/13 68.4

225.1 225.4159.60.110.85.938.4 2013/14 78.8

228.6 235.5167.40.110.05.938.9 2014/15 81.7


210.5 242.8105.110.55.34.348.8 2003/04 89.2

230.2 243.1104.38.88.84.649.6 2004/05 76.4

245.2 248.6107.05.23.44.751.6 2005/06 71.3

267.6 255.6108.98.21.54.954.5 2006/07 76.6

268.5 263.9114.73.71.24.855.6 2007/08 78.6

284.9 266.7117.10.92.15.155.8 2008/09 98.0

284.9 280.3129.11.15.24.957.6 2009/10 106.7

299.0 298.9141.81.13.65.158.9 2010/11 109.2

316.0 318.7156.01.110.95.359.8 2011/12 116.3

333.2 334.7171.11.18.65.461.3 2012/13 122.3

347.0 348.9182.61.117.85.662.5 2013/14 137.1

352.6 357.5188.41.113.05.663.1 2014/15 144.1

July 2014

Other Europe: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

2.8 4.50.50.01.42.71.0 2003/04 0.7

4.6 5.20.90.31.44.31.1 2004/05 1.2

3.8 5.10.90.21.43.81.0 2005/06 1.1

3.5 4.60.70.31.53.61.0 2006/07 1.2

3.7 4.80.90.51.93.81.0 2007/08 1.5

4.0 5.11.10.41.74.40.9 2008/09 1.7

3.8 5.01.00.51.73.91.0 2009/10 1.7

3.2 4.70.80.61.63.70.9 2010/11 1.2

3.6 4.81.00.51.94.20.9 2011/12 1.4

3.5 4.70.90.71.64.10.9 2012/13 1.0

4.4 4.91.11.31.84.61.0 2013/14 1.1

4.0 4.81.01.11.84.40.9 2014/15 1.0

Coarse Grains

6.6 7.96.90.10.73.12.1 2003/04 0.7

10.4 9.58.40.60.55.02.1 2004/05 1.5

10.2 9.88.61.30.64.82.1 2005/06 1.3

9.9 9.78.60.90.84.92.0 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 1.5

9.5 8.47.02.40.84.62.1 2011/12 1.0

6.6 7.15.90.60.73.22.1 2012/13 0.6

9.4 7.86.61.80.94.72.0 2013/14 1.3

9.5 8.16.82.30.94.72.0 2014/15 1.3


9.4 12.47.30.12.03.03.1 2003/04 1.4

15.1 14.89.30.91.94.83.2 2004/05 2.7

14.0 14.99.51.42.04.53.1 2005/06 2.4

13.4 14.39.31.22.34.53.0 2006/07 2.5

10.6 12.77.70.62.73.53.0 2007/08 2.6

13.7 13.88.71.92.34.63.0 2008/09 2.8

13.5 13.78.51.92.44.53.0 2009/10 3.1

13.2 13.48.12.62.44.62.9 2010/11 2.6

13.1 13.28.02.92.74.52.9 2011/12 2.4

10.1 11.86.91.32.43.42.9 2012/13 1.7

13.9 12.87.73.12.74.63.0 2013/14 2.4

13.5 12.97.83.42.74.62.9 2014/15 2.3

July 2014

Former Soviet Union: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

115.5 76.224.438.26.62.350.6 2008/09 22.6

114.0 78.326.137.35.42.252.6 2009/10 26.5

81.1 75.624.013.95.51.845.8 2010/11 23.6

115.0 79.927.939.78.02.349.8 2011/12 27.0

77.3 71.520.925.47.21.843.9 2012/13 14.7

103.8 72.922.337.17.92.247.6 2013/14 16.3

102.2 72.421.635.17.82.247.4 2014/15 18.9

Coarse Grains

79.2 58.241.617.20.72.630.3 2008/09 9.4

67.7 55.039.115.00.42.527.2 2009/10 7.4

47.5 41.828.48.81.22.221.9 2010/11 5.5

78.7 54.338.624.61.02.927.1 2011/12 6.2

69.1 51.136.219.90.72.527.9 2012/13 5.2

88.7 57.441.330.40.93.029.7 2013/14 6.9

86.6 60.544.426.40.92.930.1 2014/15 7.6

July 2014

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

ProductionYieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

22.7 7.62.611.80.01.713.7 2011/12 6.2

9.8 6.82.06.30.00.812.4 2012/13 2.9

13.9 6.82.08.40.01.113.0 2013/14 1.7

13.5 6.82.06.00.01.112.7 2014/15 2.4

Russia

56.2 38.015.521.60.62.324.8 2011/12 10.9

37.7 33.611.911.31.21.821.3 2012/13 5.0

52.1 34.012.518.51.22.223.4 2013/14 5.7

53.0 33.512.019.51.22.223.8 2014/15 6.9

Ukraine

22.3 15.06.15.40.13.46.7 2011/12 5.4

15.8 11.43.17.20.02.85.6 2012/13 2.6

22.3 11.53.49.50.13.46.6 2013/14 4.0

21.0 11.53.59.00.13.36.3 2014/15 4.6

Uzbekistan

6.3 7.81.60.72.74.51.4 2011/12 1.4

6.7 8.01.70.41.94.81.4 2012/13 1.6

6.8 8.41.90.32.24.91.4 2013/14 1.9

6.8 8.72.00.32.24.91.4 2014/15 1.9

Other Former Soviet Union - 12

7.4 11.52.10.24.72.33.2 2011/12 3.1

7.3 11.72.20.34.12.33.1 2012/13 2.6

8.7 12.22.50.44.42.63.3 2013/14 3.1

7.9 11.92.10.34.32.43.2 2014/15 3.2

Total Former Soviet Union - 12

115.0 79.927.939.78.02.349.8 2011/12 27.0

77.3 71.520.925.47.21.843.9 2012/13 14.7

103.8 72.922.337.17.92.247.6 2013/14 16.3

102.2 72.421.635.17.82.247.4 2014/15 18.9

July 2014


Former Soviet Union: Grain Supply and Demand (Barley)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports



Kazakhstan

2.6 1.81.50.70.01.71.5 2011/12 0.2

1.5 1.41.20.20.00.91.6 2012/13 0.2

2.5 2.11.80.40.01.41.8 2013/14 0.2

2.6 2.32.00.40.01.32.0 2014/15 0.1

Russia

16.9 14.39.83.50.42.27.7 2011/12 0.8

14.0 12.17.72.20.31.87.6 2012/13 0.7

15.4 12.88.42.70.31.98.0 2013/14 0.9

16.5 13.28.63.50.22.08.2 2014/15 0.9

Ukraine

9.1 6.34.72.50.02.53.7 2011/12 1.2

6.9 5.13.52.10.02.13.3 2012/13 0.9

7.6 5.13.42.50.02.33.2 2013/14 0.9

7.8 5.23.62.20.02.63.0 2014/15 1.3

Uzbekistan

0.2 0.30.30.00.13.20.1 2011/12 0.0

0.2 0.30.20.00.03.20.1 2012/13 0.0

0.2 0.30.20.00.03.20.1 2013/14 0.0

0.2 0.30.20.00.03.20.1 2014/15 0.0


3.4 3.52.70.00.22.51.3 2011/12 0.5

3.5 3.72.80.00.12.71.3 2012/13 0.4

3.5 3.62.70.00.12.61.3 2013/14 0.4

3.0 3.22.40.00.22.51.2 2014/15 0.3


32.2 26.319.06.70.72.314.3 2011/12 2.8

26.1 22.515.44.60.41.913.9 2012/13 2.2

29.2 23.816.55.60.52.014.5 2013/14 2.4

30.1 24.216.86.10.42.114.5 2014/15 2.7

July 2014


Former Soviet Union: Grain Supply and Demand (Corn)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports



Kazakhstan

0.5 0.50.40.00.05.00.1 2011/12 0.0

0.5 0.50.40.00.05.00.1 2012/13 0.0

0.6 0.60.50.00.05.30.1 2013/14 0.0

0.5 0.50.40.00.05.00.1 2014/15 0.0

Russia

7.0 4.74.02.00.04.31.6 2011/12 0.4

8.2 6.45.61.90.14.21.9 2012/13 0.3

11.6 7.66.74.00.15.02.3 2013/14 0.4

13.0 9.08.03.50.15.02.6 2014/15 0.9

Ukraine

22.8 7.86.515.20.06.43.5 2011/12 1.1

20.9 8.16.812.70.04.84.4 2012/13 1.2

30.9 9.98.520.00.16.44.8 2013/14 2.2

27.0 10.99.516.00.15.64.8 2014/15 2.4

Uzbekistan

0.2 0.20.20.00.04.60.0 2011/12 0.0

0.1 0.10.10.00.03.40.0 2012/13 0.0

0.1 0.10.10.00.03.40.0 2013/14 0.0

0.1 0.10.10.00.03.40.0 2014/15 0.0


3.7 3.32.90.30.24.00.9 2011/12 1.0

2.6 3.02.60.40.22.71.0 2012/13 0.5

3.8 3.43.10.40.33.81.0 2013/14 0.7

3.5 3.53.10.40.33.80.9 2014/15 0.6


34.1 16.414.017.50.35.56.2 2011/12 2.4

32.4 18.115.515.00.34.47.4 2012/13 2.1

47.0 21.618.824.50.45.78.3 2013/14 3.4

44.2 24.021.119.90.45.28.5 2014/15 4.0

July 2014

Million Metric Tons/Hectares

Wheat Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Wheat Competitors

Argentina

16.3 5.40.110.70.02.66.2 2006/07 0.6

18.6 5.70.111.20.02.86.6 2007/08 2.4

11.0 5.30.06.80.02.15.3 2008/09 1.3

12.0 5.80.05.10.03.04.0 2009/10 2.3

17.2 6.00.19.50.03.64.8 2010/11 4.1

15.5 6.00.112.90.03.05.2 2011/12 0.7

9.3 6.20.33.60.02.63.6 2012/13 0.3

10.5 6.10.12.00.03.03.5 2013/14 2.7

12.5 6.20.16.50.03.04.2 2014/15 2.6

Australia

10.8 7.44.58.70.10.911.8 2006/07 4.2

13.6 6.63.57.50.11.112.6 2007/08 3.7

21.4 7.44.214.70.11.613.5 2008/09 3.1

21.8 5.21.914.80.11.613.9 2009/10 5.1

27.4 5.82.518.60.12.013.5 2010/11 8.2

29.9 6.53.224.70.12.213.9 2011/12 7.1

22.9 6.73.418.70.11.813.0 2012/13 4.7

27.0 7.03.619.50.22.013.5 2013/14 5.4

26.0 6.83.419.00.21.913.8 2014/15 5.7

Canada

25.3 9.04.519.40.32.69.7 2006/07 6.9

20.1 6.92.216.10.42.38.6 2007/08 4.4

28.6 7.83.118.90.42.910.0 2008/09 6.6

27.0 7.22.519.00.42.89.7 2009/10 7.7

23.3 7.62.716.60.42.88.3 2010/11 7.4

25.3 9.94.717.40.53.08.6 2011/12 5.9

27.2 9.64.419.00.52.99.5 2012/13 5.1

37.5 11.26.022.50.43.610.4 2013/14 9.3

28.0 9.84.521.00.52.99.6 2014/15 7.0

Total Wheat Competitors

52.4 21.79.138.90.41.927.7 2006/07 11.6

52.3 19.15.834.80.51.927.8 2007/08 10.5

61.0 20.67.340.40.52.128.8 2008/09 11.0

60.8 18.24.439.00.52.227.5 2009/10 15.1

July 2014


Wheat Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


67.9 19.35.344.70.62.526.6 2010/11 19.7

70.7 22.38.054.90.62.627.6 2011/12 13.7

59.4 22.58.141.20.62.326.1 2012/13 10.0

75.0 24.29.744.00.62.727.5 2013/14 17.4

66.5 22.78.046.50.62.427.6 2014/15 15.3

India

69.4 73.52.30.16.72.626.4 2006/07 4.5

75.8 76.42.50.02.02.728.0 2007/08 5.8

78.6 70.92.50.00.02.828.2 2008/09 13.4

80.7 78.22.80.10.22.927.8 2009/10 16.1

80.8 81.82.90.10.32.828.5 2010/11 15.4

86.9 81.43.10.90.03.029.1 2011/12 20.0

94.9 83.83.46.80.03.229.9 2012/13 24.2

93.5 94.04.85.90.03.130.0 2013/14 17.8

95.9 93.94.53.50.03.130.6 2014/15 16.3

Turkey

17.5 16.70.82.41.72.08.6 2006/07 1.3

15.5 16.80.81.72.22.07.7 2007/08 0.4

16.8 16.90.72.23.52.27.7 2008/09 1.5

18.5 17.10.84.33.22.47.8 2009/10 1.8

17.0 17.30.83.03.72.18.0 2010/11 2.2

18.8 18.11.43.73.82.47.7 2011/12 3.1

15.5 17.50.73.43.62.07.8 2012/13 1.2

18.0 17.80.94.34.02.37.7 2013/14 1.2

15.0 17.30.33.25.51.97.7 2014/15 1.2

July 2014


Corn Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Argentina

22.5 6.74.815.40.08.02.8 2006/07 1.7

22.0 6.84.914.80.06.53.4 2007/08 2.1

15.5 6.44.510.30.06.22.5 2008/09 0.9

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

24.0 8.35.513.50.07.13.4 2013/14 3.5

26.0 9.06.016.00.07.13.7 2014/15 4.5

Brazil

51.0 41.034.510.81.43.614.0 2006/07 3.6

58.6 42.536.07.80.74.014.7 2007/08 12.6

51.0 45.538.57.11.13.614.1 2008/09 12.1

56.1 47.040.011.60.44.312.9 2009/10 10.0

57.4 49.542.58.40.84.213.8 2010/11 10.3

73.0 50.543.024.30.84.815.2 2011/12 9.2

81.5 52.544.524.90.95.215.8 2012/13 14.2

78.0 55.046.020.50.85.015.5 2013/14 17.5

74.0 56.547.520.00.85.014.8 2014/15 15.8

China

151.6 145.0104.05.30.05.328.5 2006/07 36.6

152.3 150.0106.00.50.05.229.5 2007/08 38.4

165.9 153.0108.00.20.05.629.9 2008/09 51.2

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

218.5 212.0154.00.13.56.036.3 2013/14 77.5

222.0 222.0162.00.13.06.036.8 2014/15 80.4

South Africa

7.3 8.64.40.51.12.52.9 2006/07 1.7

13.2 9.64.32.20.04.03.3 2007/08 3.1

12.6 9.94.31.70.04.32.9 2008/09 4.1

13.4 10.34.62.10.04.13.3 2009/10 5.2

10.9 10.75.02.40.43.82.9 2010/11 3.4

12.8 10.75.01.80.04.13.1 2011/12 3.7

July 2014


Corn Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


12.4 11.05.12.10.13.83.2 2012/13 3.1

14.5 11.55.23.00.04.53.2 2013/14 3.1

13.5 11.45.32.20.04.23.2 2014/15 3.0

Total Corn Competitors

232.4 201.3147.731.92.64.848.2 2006/07 43.5

246.1 208.9151.225.30.84.850.9 2007/08 56.2

245.0 214.8155.319.31.25.049.4 2008/09 68.3

258.5 229.2167.630.31.75.150.4 2009/10 68.9

270.8 247.5180.827.32.25.152.9 2010/11 67.2

299.5 256.2183.843.46.05.455.5 2011/12 73.1

326.5 271.4198.945.83.75.658.1 2012/13 86.1

335.0 286.8210.737.14.35.758.4 2013/14 101.5

335.5 298.9220.838.33.85.758.5 2014/15 103.7

July 2014


Barley Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Australia

4.3 4.02.91.90.01.04.2 2006/07 1.0

7.2 3.12.13.40.01.54.9 2007/08 1.7

8.0 4.02.93.20.01.65.0 2008/09 2.4

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

9.5 3.72.46.00.02.43.9 2013/14 0.4

8.1 3.32.04.70.02.13.8 2014/15 0.5

Canada

9.6 10.28.81.20.03.03.2 2006/07 1.5

10.9 7.86.43.00.12.84.0 2007/08 1.6

11.8 8.97.61.50.03.43.5 2008/09 3.0

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

10.3 7.96.71.60.03.92.7 2013/14 1.8

7.0 6.85.60.80.13.22.2 2014/15 1.2

European Union

56.4 55.938.93.40.24.113.9 2006/07 5.8

57.8 54.538.93.80.34.213.9 2007/08 5.7

65.8 57.341.73.60.34.514.6 2008/09 11.0

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 51.035.54.90.14.412.5 2012/13 5.1

59.6 53.738.55.80.14.812.3 2013/14 5.3

55.9 51.035.55.80.14.612.3 2014/15 4.4

July 2014


Sorghum Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Argentina

2.8 1.71.51.10.04.70.6 2006/07 0.2

2.9 1.21.01.20.04.70.6 2007/08 0.7

1.7 1.11.01.10.03.70.5 2008/09 0.2

3.6 1.91.71.80.04.80.8 2009/10 0.2

4.4 1.91.71.70.04.41.0 2010/11 1.0

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

4.2 2.62.31.70.04.21.0 2013/14 0.7

4.8 2.62.31.80.04.41.1 2014/15 1.1

Australia

1.3 1.21.20.10.02.10.6 2006/07 0.0

3.8 2.22.20.80.04.00.9 2007/08 0.8

2.7 1.81.81.00.03.50.8 2008/09 0.7

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

1.1 0.80.80.40.02.20.5 2013/14 0.1

2.1 1.21.20.80.03.10.7 2014/15 0.2

July 2014

U.S. Grains Supply and Distribution: Wheat, Corn, Sorghum, Barley, Oats, Rye, and Rice (Working Statistics)

Thousand Metric Tons/Hectares

Area

Harvested

Yield Rough

Production

Production Imports TY Imports Exports TY Exports Feed Dom.

Consumption

Domestic

Consumption

Ending

Stocks

Wheat

19,53838,26910,57127,69527,4163,4433,34161,671nr319,798 2012/13

16,05033,8645,91931,50032,1624,8004,57757,961nr318,274 2013/14

17,97432,1413,94625,00024,4944,1004,35454,205nr318,713 2014/15

Corn

20,859263,641109,88118,27518,5794,2244,125273,832nr835,360 2012/13

31,658295,543131,45148,00048,262800889353,715nr1035,478 2013/14

45,756295,542132,08643,00043,182750762352,060nr1033,929 2014/15

Sorghum

3854,7832,3642,1281,9302432436,272nr32,005 2012/13

1,0224,4202,4135,0004,826119,882nr42,643 2013/14

1,1495,7152,6674,5004,5720010,414nr42,590 2014/15

Barley

1,7504,6661,2911621934315074,796nr41,313 2012/13

1,7864,7421,3683253134504084,683nr41,214 2013/14

1,7504,4421,0892502185005444,080nr41,066 2014/15

Oats

5272,7811,67817191,3431,600929nr2423 2012/13

3592,7791,69130221,8001,677956nr2417 2013/14

4532,6971,57930291,7001,7241,096nr2467 2014/15

Rye

1039715978222228176nr2100 2012/13

742418457200233195nr2113 2013/14

1143219056200229213nr2124 2014/15

Rice, Milled

1,1563,752nr3,2713,4006756696,3369,05181,084 2012/13

1,0573,933nr3,1503,0117307306,1158,6139999 2013/14

1,2734,256nr3,5003,4226706677,22710,25181,225 2014/15

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.

July 2014

Total Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Production TY Exports Feed Dom.

Consumpti

Domestic

Consumpti

Ending

Stocks


1,328.5 420.61,247.9614.5165.22.3570.5 1985/86

1,347.9 469.21,299.4645.6174.72.4565.2 1986/87

1,285.9 423.11,329.8656.5202.22.4544.3 1987/88

1,218.1 339.31,302.0619.4203.32.2541.9 1988/89

1,327.4 320.51,346.2644.4208.92.4548.2 1989/90

1,417.7 368.71,369.5668.7190.12.6545.7 1990/91

1,355.7 359.51,364.9651.4207.52.5543.3 1991/92

1,431.6 399.21,389.1663.0205.22.6545.7 1992/93

1,356.1 366.11,389.3655.7188.22.5535.9 1993/94

1,392.5 362.71,395.8668.9200.12.6534.0 1994/95

1,338.5 319.41,381.9640.1187.52.5527.0 1995/96

1,490.3 367.11,442.6672.9198.32.7545.9 1996/97

1,491.6 414.41,444.3683.9190.32.8535.2 1997/98

1,481.8 448.01,448.2683.2198.72.8520.3 1998/99

1,465.3 444.51,468.2688.8214.02.9506.2 1999/00

1,447.3 419.41,472.5698.9205.02.8509.4 2000/01

1,481.0 404.11,496.4712.0208.42.9511.8 2001/02

1,444.4 342.31,506.2709.7209.32.9502.6 2002/03

1,471.7 278.71,535.3715.6206.02.9510.6 2003/04

1,642.6 335.81,585.5754.3214.53.2514.1 2004/05

1,599.9 320.11,615.5754.8222.63.1516.4 2005/06

1,585.0 275.71,629.5746.6230.03.1516.7 2006/07

1,692.5 294.11,674.0759.8244.93.2533.8 2007/08

1,793.1 363.51,723.6772.1253.63.3538.8 2008/09

1,805.2 400.31,768.4779.7254.23.4533.2 2009/10

1,750.3 366.01,784.6772.6250.03.3523.1 2010/11

1,853.0 365.81,853.2805.4287.23.4538.4 2011/12

1,796.1 345.01,816.9806.9279.23.4532.4 2012/13

1,989.3 393.41,940.8869.7310.83.7541.4 2013/14

1,966.3 409.01,950.8880.7300.43.6542.3 2014/15

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.

July 2014

World Wheat and Coarse Grains: Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

562.6 177.9547.7111.6113.22.5222.1 1992/93

558.5 183.4553.0109.6101.72.5221.0 1993/94

523.0 164.2542.1101.4101.52.5213.3 1994/95

537.5 155.7546.195.299.22.5216.7 1995/96

581.3 163.7573.499.6104.02.6227.1 1996/97

610.2 197.3576.6103.8104.52.7226.4 1997/98

590.4 209.5578.2106.8102.02.7219.2 1998/99

586.8 210.9585.4102.8111.92.8212.5 1999/00

583.3 207.3586.9109.0102.22.7215.6 2000/01

583.8 204.4586.6109.8108.02.7214.5 2001/02

569.6 169.9604.1113.6106.62.7213.4 2002/03

555.3 135.7589.599.5103.62.7207.6 2003/04

626.7 156.5605.9108.3113.32.9215.8 2004/05

618.9 154.4621.0114.7114.22.8217.6 2005/06

596.5 134.5616.5110.5115.42.8211.6 2006/07

612.7 129.4617.8102.2116.22.8217.1 2007/08

683.5 169.3643.6121.4143.23.1224.1 2008/09

687.1 201.9654.4120.8135.43.0225.4 2009/10

650.8 198.2654.5115.6134.13.0217.0 2010/11

696.0 197.2697.0146.3153.83.2220.8 2011/12

657.7 175.6679.3136.7147.03.0216.2 2012/13

714.2 184.3705.5133.1160.63.2220.4 2013/14

705.2 189.5699.9129.4151.73.2222.9 2014/15

Coarse Grains

868.9 221.3841.4551.491.92.7323.6 1992/93

797.7 182.7836.3546.186.52.5314.9 1993/94

869.5 198.5853.7567.698.62.7320.7 1994/95

801.0 163.7835.8544.988.32.6310.3 1995/96

908.9 203.4869.2573.394.32.9318.8 1996/97

881.3 217.1867.7580.085.82.9308.8 1997/98

891.3 238.5870.0576.496.73.0301.1 1998/99

878.5 233.6882.8586.0102.13.0293.7 1999/00

864.0 212.2885.5589.9102.82.9293.8 2000/01

897.2 199.6909.7602.2100.43.0297.4 2001/02

874.8 172.4902.0596.1102.73.0289.1 2002/03

916.4 143.0945.8616.1102.33.0303.0 2003/04

1,015.9 179.3979.6646.0101.23.4298.3 2004/05

981.0 165.8994.5640.1108.43.3298.7 2005/06

988.5 141.21,013.1636.0114.53.2305.1 2006/07

1,079.8 164.81,056.2657.5128.73.4316.7 2007/08

1,109.5 194.31,080.0650.7110.43.5314.7 2008/09

1,118.1 198.41,113.9658.9118.83.6307.8 2009/10

1,099.5 167.81,130.0657.0116.03.6306.1 2010/11

1,157.0 168.61,156.2659.1133.43.6317.6 2011/12

1,138.4 169.41,137.6670.2132.23.6316.2 2012/13

1,275.1 209.11,235.3736.6150.14.0321.0 2013/14

1,261.2 219.41,250.9751.4148.73.9319.4 2014/15

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.

July 2014

World Corn and Barley: Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Corn

535.6 162.7512.1348.762.64.0133.1 1992/93

475.8 129.4509.0342.057.43.6130.7 1993/94

559.3 153.3535.4371.671.94.1135.2 1994/95

516.4 133.3536.4365.364.83.8135.0 1995/96

592.8 166.3559.8387.966.64.2141.5 1996/97

574.4 167.2573.5401.163.14.2136.3 1997/98

605.8 191.4581.6404.868.74.4138.9 1998/99

608.4 194.4605.4423.172.04.4139.0 1999/00

591.8 175.3610.9427.975.94.3137.1 2000/01

601.8 151.5625.6436.972.74.4137.3 2001/02

603.9 126.9628.5434.076.84.4137.4 2002/03

627.4 104.7649.6446.479.04.4141.7 2003/04

716.8 131.3690.2476.576.04.9145.4 2004/05

700.7 124.5707.5479.182.54.8145.4 2005/06

716.6 110.7730.4479.991.34.8150.3 2006/07

795.5 131.7774.5499.298.25.0160.4 2007/08

800.9 147.5785.2482.983.65.0158.7 2008/09

825.6 146.6826.4491.692.75.2158.7 2009/10

835.9 130.1852.4503.591.75.1164.6 2010/11

889.3 134.6884.8508.4103.85.2172.2 2011/12

868.8 138.2865.2518.7100.54.9177.2 2012/13

984.4 173.4949.2573.5120.05.5178.1 2013/14

981.0 188.1966.3593.8118.15.5177.3 2014/15

Barley

166.3 35.0165.6119.016.42.372.6 1992/93

169.0 34.9169.1123.818.82.373.2 1993/94

160.7 30.0165.6120.915.32.272.2 1994/95

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 29.0139.399.517.82.456.6 1998/99

127.4 23.9132.594.017.82.452.1 1999/00

133.0 22.6134.394.616.32.552.9 2000/01

143.4 29.2136.895.517.22.655.7 2001/02

134.2 27.5135.994.716.32.554.8 2002/03

142.1 23.4146.2102.514.82.458.3 2003/04

152.1 33.0142.5100.117.02.657.5 2004/05

136.2 28.1141.097.417.42.555.3 2005/06

136.9 21.4143.698.314.62.456.4 2006/07

133.0 20.5133.991.118.52.455.9 2007/08

155.1 31.5144.1100.418.22.855.3 2008/09

151.1 37.4145.2101.417.32.854.4 2009/10

123.1 24.3136.391.315.22.647.2 2010/11

133.5 22.6135.291.721.42.749.4 2011/12

130.0 20.9131.788.822.12.650.3 2012/13

145.1 24.1141.997.420.22.950.5 2013/14

131.9 19.6136.591.120.32.749.0 2014/15

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.

July 2014

World Rice: Supply and Demand


Area

Harvested

Yield Rough

Production

Production TY Exports Domestic

Consumpti

Ending

Stocks

Rice, Milled

467.3 97.7308.011.8318.03.2144.7 1985/86

464.6 103.3310.412.9316.13.2144.8 1986/87

464.8 105.3313.111.4315.13.3141.4 1987/88

490.8 111.7325.714.0332.13.3146.6 1988/89

510.3 120.6336.311.7345.23.5147.8 1989/90

519.4 126.7345.312.3351.43.5147.0 1990/91

522.8 126.7353.214.4353.23.5147.5 1991/92

524.2 123.2357.514.9354.03.6146.5 1992/93

526.1 119.0358.916.6354.73.6145.3 1993/94

539.9 117.6365.520.8364.13.7147.3 1994/95

547.3 118.1368.319.7368.83.7148.4 1995/96

565.3 120.3379.218.9381.43.8150.1 1996/97

575.2 127.7380.027.6387.43.8151.7 1997/98

587.0 134.0388.624.8394.93.8153.1 1998/99

608.6 143.1400.122.8409.23.9155.9 1999/00

594.1 146.7395.624.3399.33.9152.4 2000/01

594.3 132.9413.327.7399.53.9151.3 2001/02

563.1 103.0408.127.6378.23.8146.9 2002/03

585.1 81.6413.727.3392.33.9149.3 2003/04

596.6 73.9408.629.0400.93.9151.8 2004/05

622.3 76.3415.529.1417.94.0154.0 2005/06

625.6 75.2421.631.9420.54.0154.6 2006/07

642.5 80.8427.329.6432.94.2154.7 2007/08

668.3 92.4437.629.4449.14.2158.1 2008/09

656.6 94.6438.731.8440.94.2155.8 2009/10

671.4 99.6445.036.6449.94.2158.2 2010/11

696.1 106.8459.840.0466.94.3160.2 2011/12

703.3 109.9468.539.4471.74.5158.0 2012/13

712.0 111.5475.840.8477.54.4160.6 2013/14

714.9 108.5482.441.5479.44.4161.5 2014/15

Notes: Stocks, exports and consumption are expressed on a milled basis in marketing years.

July 2014

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.


July 2014

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 (2014/15 starts in 2014); except for summer grains in certain Southern Hemisphere countries and for rice in selected countries, where the second year begins the LMY (2014/15 starts in 2015). 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.


July 2014

http://www.fas.usda.gov/psdonline/psdAvailability.aspx

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 June 2014. For further details on world grain production, please see World Agricultural Production July 2014. 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: Teresa McKeivier (202) 690-1151 [email protected] Wheat Andrew Sowell (202) 720-0262 [email protected] Wheat Debbie Rubas (202) 720-1072 [email protected] Rice Jeffrey Albanese (202) 649-3852 [email protected] Rice Rick O’Meara (202) 720-4933 [email protected] Coarse Grains Lisa Bennett (202) 720-0929 [email protected] Coarse Grains Gene Kim (202) 720-8398 [email protected] Coarse Grains


July 2014

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