Grain: World Markets and Trade - Cornell University...2016/12/09 · All Grain Summary Comparison...

Grain:

World Markets and Trade

Approved by the World Agricultural Outlook Board - USDA

United States

Department of

Agriculture

Foreign

Agricultural

Service

December 2016

U.S. Exports of DDGS Diversify

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

The United States continues to export significant

quantities of distiller’s dried grains with solubles

(DDGS). DDGS are co-products of corn ethanol

production and a competitive feed ingredient in the

United States and elsewhere. Demand has been

driven by its use as both a protein and energy

source in feed rations. China accounted for nearly

half of U.S. exports in 2014/15 (Oct-Sep) but

roughly one-quarter this past year. With robust

foreign demand beyond China, U.S. exports have

diversified.

Exports to other countries have expanded as a

result of competitive prices relative to substitutes

(e.g., soybean meal). In Southeast Asia, for

example, it appears that large quantities of rice

unfit for human consumption have increased the

demand for a protein source. Old rice can be mixed

with DDGS to help produce a balanced, cost-

effective feed ration.

Compared to the preceding year, exports to

Vietnam increased 74 percent while shipments to

Thailand increased 62 percent. Outside of

Southeast Asia, exports to Mexico and South Korea

have increased each year since 2012/13. As DDGS

prices trend downward and soybean meal prices

remain relatively higher, DDGS exports have

become more competitive.

0

2

4

6

8

10

12

14

2011/12 2012/13 2013/14 2014/15 2015/16

Mil

lio

n M

etri

c T

on

s

Exports of DDGS

China Other

37%

20%

11%

10%

8%

7% 7%

2015/16 (Oct-Sep) Exports to ‘Other’

Destinations

ROW Mexico Vietnam South Korea

Turkey EU28 Thailand

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

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

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

2

TABLE OF CONTENTS

World Markets and Trade: Commentary and Current Data Wheat ................................................................................................................. 4 Rice .................................................................................................................. 10 Coarse Grains ................................................................................................... 16 Historical Data Series for Selected Regions and Countries ............................ 36 Endnotes to Grain: World Markets and Trade ............................................... 55 The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m. To download the tables in the publication, go to Production, Supply and Distribution Database (PSD Online): (http://apps.fas.usda.gov/psdonline/psdHome.aspx), scroll down to Reports, and Click the plus sign [+] next to Grains. FAS Reports and Databases: Current World Markets and Trade and World Agricultural Production Reports:

http://apps.fas.usda.gov/psdonline/psdDataPublications.aspx Archives World Markets and Trade and World Agricultural Production Reports:

http://usda.mannlib.cornell.edu/MannUsda/viewTaxonomy.do?taxonomyID=7 Production, Supply and Distribution Database (PSD Online): http://apps.fas.usda.gov/psdonline/psdHome.aspx Global Agricultural Trade System (U.S. Exports and Imports):

http://apps.fas.usda.gov/gats/default.aspx Export Sales Report:

http://apps.fas.usda.gov/esrquery/ Global Agricultural Information Network (Agricultural Attaché Reports):

http://gain.fas.usda.gov/Pages/Default.aspx Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE):

http://www.usda.gov/oce/commodity/wasde/ Economic Research Service:

http://www.ers.usda.gov/topics/crops National Agricultural Statistics Service:

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

Foreign Agricultural Service/USDA December 2016Office of Global Analysis

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

Million Metric Tons

Marketing Year

Wheat Rice, Milled Corn

2016/172015/162014/152016/172015/162014/152016/172015/162014/15

Production

United States (Jun-May) 55.1 56.1 62.9 7.1 6.1 7.5 361.1 345.5 386.7

Other 673.2 679.4 688.4 471.5 466.2 474.0 652.9 615.6 653.0

World Total 728.3 735.5 751.3 478.6 472.3 481.5 1,014.0 961.1 1,039.7

Domestic Consumption


Other 669.1 677.5 699.3 471.2 465.1 471.6 661.7 679.2 700.1

World Total 700.4 709.5 734.5 475.5 468.6 475.8 963.5 978.0 1,014.7

Ending Stocks


Other 196.7 214.0 221.0 112.9 115.0 118.3 164.3 164.8 161.2

World Total 217.2 240.6 252.1 114.5 116.5 120.2 208.3 208.9 222.2

TY Imports


Other 155.0 165.5 169.2 38.8 36.3 37.9 124.9 136.8 137.2

World Total 159.0 168.6 172.6 39.6 37.1 38.7 125.7 138.6 138.5

TY Exports


Other 138.8 150.3 149.4 39.3 36.1 37.0 81.6 93.6 85.2

World Total 161.8 172.2 175.4 42.7 39.6 40.6 128.4 144.8 141.7

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

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

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

only.


4

WHEAT: WORLD MARKETS AND TRADE OVERVIEW Global and Australian production in 2016/17 are both raised to new records. Global trade is boosted to a new record with stronger import demand from Asia and Brazil. Larger exports for Australia and Argentina are partially offset by a decrease for Russia. The U.S. season-average farm price is unchanged at $3.70 per bushel. U.S. PRICES:

Domestic: Prices for most wheat classes declined moderately in November, pressured by abundant global supplies. Overall, Hard Red Winter (HRW) declined $10/ton to $183, while Soft Red Winter (SRW) decreased $12/ton to $175. Soft White Winter (SWW) lost $7/ton to $188. On the other hand, Hard Red Spring (HRS) is up $4/ton to $253 this month as higher-protein wheat is in relatively tight supply globally.

160

170

180

190

200

210

220

230

240

250

260

$/M

T

U.S. Daily FOB Export Bids

HRW SRW SWW HRS


5

AUSTRALIAN WHEAT SITUATION

Australian exports for trade year 2016/17 are now forecast at a near-record 23.0 million metric tons, up about 45 percent from the previous year. Australia is a key supplier to several fast-growing Asian markets and is now forecast to have the highest exports in 5 years. Exportable supplies are massive because of a record crop, which is now forecast at 33.0 million tons. Despite higher exports and domestic consumption, stocks will continue to grow, augmenting the already burdensome global stocks and pressuring prices. TRADE CHANGES IN 2016/17

Selected Exporters

• Argentina up 200,000 tons to 8.2 million based on the fast pace of old-crop shipments.

• Australia is boosted sharply by 2.5 million tons to 23.0 million due to larger production and competitive pricing.

• Russia is lowered 1.0 million tons to 29.0 million due to slower-than-expected trade.

0

5

10

15

20

25

2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017

MM

T

Australian Exports (July-June Trade Year)


6

Selected Importers

• Bangladesh is raised 400,000 tons to 5.1 million on a stronger pace of trade.

• Brazil is up 400,000 tons to 7.0 million with food use expected to rebound.

• Indonesia is boosted 300,000 tons to 8.8 million on trade to date and rising food use.

• Thailand is raised 200,000 tons to 3.8 million based on the pace of trade.

• Vietnam is up 300,000 tons to 3.3 million based on stronger trade and higher expected feed and residual use.


World Wheat, Flour, and Products Trade

July/June Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

8,2008,0008,8604,2001,6757,450 Argentina

23,00020,50015,78216,57518,33921,269 Australia

1,6001,5001,0631,688811,753 Brazil

21,50021,50022,14124,87722,15618,584 Canada

25,00025,00034,67735,41832,03222,786 European Union

8,5008,5007,6005,5078,0006,801 Kazakhstan

1,5001,5001,5681,1041,322729 Mexico

29,00030,00025,54322,80018,60911,308 Russia

5,6005,6005,6094,1344,2933,583 Turkey

15,50015,50017,43111,2699,7557,190 Ukraine

9,9979,99710,03411,22814,72618,117 Others

149,397147,597150,308138,800130,988119,570 Subtotal

26,00026,00021,85622,99931,51927,734 United States

175,397173,597172,164161,799162,507147,304 World Total

none

TY Imports

2,7002,7002,7002,0002,0501,600 Afghanistan

8,2008,2008,1537,2577,4846,484 Algeria

5,1004,7004,6933,9293,3542,725 Bangladesh

7,0006,6005,9255,8697,0617,547 Brazil

3,5003,5003,4761,9266,7732,960 China

2,0002,0002,0321,6271,7331,507 Colombia

11,80011,80011,92511,30010,1508,400 Egypt

6,5006,5006,9165,9753,9765,276 European Union

3,0003,0003002732220 India

8,8008,50010,1167,4787,3917,146 Indonesia

2,3002,3002,2202,2533,2463,948 Iraq

5,8005,8005,7155,8786,1236,598 Japan

5,0005,0004,4203,9424,2885,439 Korea, South

4,6004,6004,8054,4764,6393,823 Mexico

5,0005,0004,5034,0863,9283,825 Morocco

4,5004,4004,4104,2444,5804,168 Nigeria

5,0005,0004,8505,0553,4763,620 Philippines

3,5003,5002,9313,4873,4291,921 Saudi Arabia

2,3002,3002,0212,6322,6641,793 Sudan

2,3002,3009658651,603963 Syria

3,8003,6004,8143,4881,6841,840 Thailand

5,0005,0004,3965,9604,1493,312 Turkey

2,7002,7002,6542,2302,2241,863 Uzbekistan

3,3003,0003,0692,2962,1571,671 Vietnam

3,3503,3503,3233,2453,4253,207 Yemen

52,18652,18654,24053,25954,02049,684 Others

169,236167,536165,572155,030155,629141,340 Subtotal

2,7612,6613,5362,8052,1182,513 Unaccounted

3,4003,4003,0563,9644,7603,451 United States

175,397173,597172,164161,799162,507147,304 World Total

TY=Trade Year, see Endnotes.


World Wheat Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

14,40014,40011,30013,93010,5009,300 Argentina

33,00028,30024,50023,91025,30322,856 Australia

6,7006,3405,5406,0005,3004,380 Brazil

31,70031,50027,59429,42037,53027,205 Canada

128,850128,000130,190126,208121,930121,023 China

8,1008,1008,1008,3008,2508,500 Egypt

143,974143,574160,012156,922144,583133,949 European Union

90,00090,00086,53095,85093,50694,882 India

15,50015,50015,00013,00014,50013,800 Iran

16,50016,50013,74812,99613,9419,841 Kazakhstan

25,30025,30025,10025,97924,21123,473 Pakistan

72,00072,00061,04459,08052,09137,720 Russia

17,50017,50019,50015,25018,75016,000 Turkey

27,00027,00027,27424,75022,27815,761 Ukraine

7,2007,2007,2007,1506,8006,700 Uzbekistan

50,68050,64956,74554,36457,47451,942 Others

688,404681,863679,377673,109656,947597,332 Subtotal

62,85962,85956,11755,14758,10561,298 United States

751,263744,722735,494728,256715,052658,630 World Total

none

Total Consumption

10,45010,45010,25010,0509,8509,450 Algeria

11,30010,80010,50010,70011,40010,900 Brazil

9,9009,7007,8329,0979,4159,555 Canada

117,000117,000112,000116,500116,500125,000 China

19,70019,70019,20019,10018,50018,700 Egypt

129,200128,700130,984124,677117,300119,250 European Union

96,14096,14088,55193,10293,84883,824 India

9,2009,3009,1007,3657,1656,950 Indonesia

18,50018,50018,00017,50017,00016,000 Iran

10,20010,2009,8009,0009,0008,300 Morocco

24,50024,50024,40024,50024,10023,900 Pakistan

39,00039,00037,00035,50034,10033,550 Russia

17,80017,80018,00017,50017,75017,650 Turkey

11,80011,80012,30011,50011,50011,400 Ukraine

9,7009,7009,3508,9008,4008,000 Uzbekistan

164,924163,774160,208154,104150,344146,922 Others

704,608701,358680,031674,405663,700641,492 Subtotal

35,16335,16332,01931,33434,26137,810 United States

739,771736,521712,050705,739697,961679,302 World Total

none

Ending Stocks

7,3286,6286,1384,8374,5584,663 Australia

5,9525,9525,1677,05410,4055,112 Canada

111,592110,74297,04276,10565,27453,960 China

10,28110,38114,00712,7409,93810,711 European Union

11,00011,00014,54017,22017,83024,200 India

5,9765,9768,1767,9167,3015,116 Iran

10,1019,1015,6016,2855,1774,933 Russia

58,79158,33663,42164,56858,13749,361 Others

221,021218,116214,092196,725178,620158,056 Subtotal

31,11731,11726,55420,47716,06519,538 United States

252,138249,233240,646217,202194,685177,594 World Total


Regional Wheat Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

7,759 North America 9,841 8,930 8,353 8,485 8,485

1,654 Central America 1,833 1,834 1,833 1,950 1,950

14,422 South America 14,866 13,132 13,343 14,275 14,675

5,276 European Union - 28 3,976 5,975 6,916 6,500 6,500

1,632 Other Europe 1,858 1,760 1,828 1,795 1,795

7,246 Former Soviet Union - 12 7,506 7,681 7,371 7,520 7,520

24,250 Middle East 28,434 26,921 24,376 25,275 25,275

22,047 North Africa 25,246 25,430 27,852 28,100 28,100

18,585 Sub-Saharan Africa 20,502 21,288 23,160 22,650 22,750

17,354 East Asia 19,465 14,115 16,224 16,810 16,810

5,308 South Asia 6,721 8,163 8,785 11,606 12,006

16,294 Southeast Asia 17,101 20,541 25,429 22,650 23,450

2,964 Others 3,040 3,224 3,158 3,320 3,320

144,791 Total 160,389 158,994 168,628 170,936 172,636

Production none

91,734 North America 99,012 88,254 87,462 98,259 98,459

18,011 South America 19,762 24,152 21,273 24,454 24,844

133,949 European Union - 28 144,583 156,922 160,012 143,574 143,974

3,431 Other Europe 4,103 3,929 4,018 4,606 4,606


37,038 Middle East 41,708 35,414 41,795 39,310 39,310

17,501 North Africa 19,661 17,013 19,912 14,131 14,131


122,490 East Asia 123,248 127,650 131,515 129,351 130,136

126,412 South Asia 125,917 130,154 119,840 123,645 123,645

23,345 Oceania 25,751 24,324 24,925 28,730 33,430

181 Others 187 186 191 191 191

658,630 Total 715,052 728,256 735,494 744,722 751,263

Domestic Consumption none

53,990 North America 50,326 47,281 46,851 51,983 52,183

26,212 South America 27,126 26,780 26,610 27,315 27,815

119,250 European Union - 28 117,300 124,677 130,984 128,700 129,200

4,721 Other Europe 4,807 4,850 4,880 5,120 5,120


56,786 Middle East 58,767 58,462 60,240 61,010 61,110

41,340 North Africa 42,475 42,726 43,646 44,875 44,875


140,071 East Asia 130,201 129,524 125,239 131,200 131,200

121,007 South Asia 132,041 132,302 128,959 137,661 137,861

16,515 Southeast Asia 16,560 19,265 23,155 23,090 23,240

8,111 Oceania 8,280 8,569 8,612 8,865 9,365

3,366 Others 3,494 3,571 3,574 3,774 3,774

687,161 Total 690,433 700,429 709,494 732,227 734,477

Ending Stocks none

24,925 North America 26,789 28,059 32,237 37,465 37,465

3,538 South America 6,834 8,268 4,987 5,476 5,280

10,711 European Union - 28 9,938 12,740 14,007 10,381 10,281

1,057 Other Europe 935 1,101 1,112 1,018 1,018


14,300 Middle East 18,801 18,344 18,441 15,471 15,271

12,069 North Africa 14,031 13,141 16,467 12,983 12,983


57,214 East Asia 68,314 79,217 100,432 114,003 114,788

27,995 South Asia 21,661 23,219 21,224 17,364 17,564

3,718 Southeast Asia 3,466 3,892 5,293 3,968 4,618

4,978 Oceania 4,861 5,123 6,395 6,895 7,595

341 Others 367 388 359 380 380

177,594 Total 194,685 217,202 240,646 249,233 252,138

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.


10

RICE: WORLD MARKETS AND TRADE OVERVIEW For 2016/17, global production is lowered, primarily on revisions to the China crop, but remains a record. Trade is revised marginally lower, although up from the prior year. Consumption is adjusted slightly lower, but is still up 2 percent from the prior year. Global stocks are revised down with cuts to China, though remain the highest in 15 years. FEATURE

Over the past 18 months, the USDA forecasts for 2016 exports have evolved, reflecting changing market conditions. Overall, global trade is lower than initially anticipated, reflecting weaker demand from importers. Contrary to initial expectations, Indian consumption has declined, stocks have grown, and the country has remained the top exporter. In contrast, Thai exports ultimately declined from initial expectations, as stock sales were sluggish despite the government’s stated commitments to liquidate stocks via auctions. Vietnam, generally a residual supplier, has found it difficult to compete against the Thai old crop sales. Looking ahead to 2017, trade is forecast higher with higher demand from Asia and the Middle East. India’s exports are expected to remain in the lead, though declining marginally as domestic consumption rebounds and non-basmati exports face tighter competition. Thailand’s exports are forecast slightly higher, as sales from stocks will continue next year and larger production supplements supplies. Vietnam’s exports are forecast up, but still below historical levels.

0

5

10

15

20

25

30

2016 Exports -initial forecast

2016 Exports -current estimate

2017 ExportForecast

MM

T

Forecasts for Top Rice Exporters

Vietnam

Thailand

India


11

Imports for several countries have trended down in 2016. China remains the largest importer, though its buying has slowed in recent months. Its imports are forecast to rebound in 2017 with a smaller crop and a renewed commitment to purchase from Thailand. For the Philippines, imports were halved in 2016, despite initial expectations that poor weather conditions would lead to large purchases. Imports are forecast to return to normal levels to replenish stocks. For Bangladesh, however, sufficient production and the imposition of a higher import tariff cut imports dramatically in 2016, which are expected to remain low in the near future. Other key countries such as Nigeria, Indonesia, and Iran also trimmed imports modestly in 2016. PRICES

Exporter quotes for long-grain rice remained fairly stable over the past month. Only Thailand and India saw quotes strengthen to $379/MT and $353/MT, respectively. The Vietnam quote declined slightly to $343/MT. The Western Hemisphere quotes remain elevated at $465/MT for Uruguay and a slight decline to $455/MT for the United States on thin offshore demand.

0

1

2

3

4

5

6

China Philippines Bangladesh

MM

T

Rice Imports

2015

2016

2017

300

350

400

450

500

550

$/MT Weekly Export Quotes: Last 12 Months

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

INDI 5% UGY 5%


12

SELECTED TRADE CHANGES for 2017

• Burma exports are lowered 100,000 tons to 1.4 million on slow border trade.

• Cote d’Ivoire imports are raised 150,000 tons to 1.4 million on expectations of continued consumption growth.

• Guinea imports are boosted 100,000 tons to 500,000 on rising demand for imported rice amid shifting diets.

SELECTED TRADE CHANGES for 2016 – based on trade data

• Burma exports are lowered 100,000 tons to 1.1 million.

• China imports are cut 100,000 tons to 4.5 million.

• India exports are down 300,000 tons to 10.2 million.


World Rice Trade

January/December Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

550550560310494526 Argentina

250250150323404460 Australia

650650700895852830 Brazil

1,4001,5001,1001,7351,6881,163 Burma

1,0001,0009001,1501,0001,075 Cambodia

275300275262393447 China

300300200250600700 Egypt

280280270251284203 European Union

500540460520446346 Guyana

10,00010,00010,20011,04611,58810,480 India

4,2004,2004,2004,0003,7004,126 Pakistan

470470480371380365 Paraguay

9,5009,5009,2009,77910,9696,722 Thailand

840840920718957939 Uruguay

5,8005,8005,4006,6066,3256,700 Vietnam

1,0451,1201,1181,0901,0811,116 Others

37,06037,30036,13339,30641,16136,198 Subtotal

3,5503,5503,4503,3552,9473,295 United States

40,61040,85039,58342,66144,10839,493 World Total

none

TY Imports

475475450450500430 Angola

650650750363586712 Brazil

530530530525610550 Cameroon

5,0005,0004,5005,1504,4503,500 China

1,3501,2001,3001,150950830 Cote d'Ivoire

510510530575377413 Cuba

1,8001,8001,8001,7861,5561,375 European Union

650650650500590725 Ghana

500400450350380360 Guinea

490490470447387416 Haiti

1,2501,2501,1001,3501,225650 Indonesia

1,0501,0501,1001,3001,4002,220 Iran

1,0501,0509001,0091,0801,294 Iraq

700700700688669690 Japan

470470460450440410 Kenya

1,0001,0509501,051989885 Malaysia

750750700719685749 Mexico

600600575575590500 Mozambique

550550450529510340 Nepal

1,9001,9002,0002,1003,2002,400 Nigeria

1,4001,4001,0002,0001,8001,000 Philippines

1,5501,5501,5001,6001,4591,326 Saudi Arabia

990990985990960902 Senegal

9259251,000912910990 South Africa

610610600580560540 United Arab Emirates

11,19911,22910,93211,70413,50711,563 Others

37,94937,77936,38238,85340,37035,770 Subtotal

1,8862,2962,4363,0502,9833,048 Unaccounted

775775765758755675 United States

40,61040,85039,58342,66144,10839,493 World Total

TY=Trade Year, see Endnotes. Note about dates: 2015/16 is calendar year 2016, 2014/15 is calendar year 2015, and so on.


World Rice Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Milled Production

34,51534,51534,50034,50034,39033,820 Bangladesh

8,0258,0257,2108,4658,3008,037 Brazil

12,50012,50012,20012,60011,95711,715 Burma

4,7004,7004,7054,7004,7254,670 Cambodia

144,850146,500145,770144,560142,530143,000 China

4,5544,5544,0004,5304,7504,675 Egypt

106,500106,500104,320105,482106,646105,241 India

36,60036,60036,20035,56036,30036,550 Indonesia

7,7907,7907,6707,8497,9317,907 Japan

4,2004,2004,3274,2414,2304,006 Korea, South

3,1003,1003,1003,1003,3613,003 Nepal

6,9006,9006,7006,9006,7985,536 Pakistan

11,50012,00011,35011,91511,85811,428 Philippines

18,60018,60015,80018,75020,46020,200 Thailand

27,80027,80027,45828,16628,16127,537 Vietnam

41,91742,05940,84940,13839,82138,857 Others

474,051476,343466,159471,456472,218466,182 Subtotal

7,4547,4546,1077,1066,1176,348 United States

481,505483,797472,266478,562478,335472,530 World Total

none

Consumption and Residual

35,00035,00035,10035,10034,90034,500 Bangladesh

7,9007,9007,8007,9257,9007,850 Brazil

11,00010,90010,80010,50010,45010,400 Burma

3,7253,7253,7003,6153,6503,550 Cambodia

144,000144,000144,000144,500143,000141,000 China

4,0004,0003,9004,0004,0004,050 Egypt

97,00097,00093,48098,24498,72793,972 India

37,70037,70037,90038,30038,50038,127 Indonesia

8,5008,5008,5008,6008,3808,351 Japan

4,4844,4844,3744,1974,4224,489 Korea, South

3,6503,6503,5003,7163,8113,353 Nepal

5,0005,0005,2005,4005,5005,300 Nigeria

13,10013,30013,10013,20012,85012,850 Philippines

10,60010,6009,80010,50010,60010,600 Thailand

22,20022,20022,00022,00022,00021,600 Vietnam

63,72663,71161,92361,36761,25159,054 Others

473,546474,161466,788473,611474,371461,649 Subtotal

4,2224,2223,5294,3013,9773,779 United States

477,768478,383470,317477,912478,348465,428 World Total

none

Ending Stocks

69,31070,93563,73557,43653,10249,832 China

17,90017,90018,40017,80022,80025,500 India

3,6613,6613,5114,1115,5016,476 Indonesia

2,5162,5162,6112,8213,0072,857 Japan

1,8211,8211,6971,406899780 Korea, South

1,7601,8602,0602,2101,6951,487 Philippines

6,6206,6207,87010,77011,99912,808 Thailand

14,72214,51415,11116,41513,84312,988 Others

118,310119,827114,995112,969112,846112,728 Subtotal

1,8971,8971,4751,5521,0251,156 United States

120,207121,724116,470114,521113,871113,884 World Total

Note: All data are reported on a milled basis.


Regional Rice Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

1,779 North America 1,801 1,839 1,815 1,890 1,890

971 Caribbean 903 1,176 1,160 1,155 1,155

1,833 South America 1,814 1,685 1,935 1,762 1,762

125 Other Europe 132 128 135 140 140

557 Former Soviet Union - 12 626 569 491 501 501

7,252 Middle East 6,711 6,467 5,795 6,150 6,150

487 North Africa 485 391 470 670 670


5,349 East Asia 6,045 6,686 6,076 6,631 6,631

722 South Asia 2,566 1,692 850 960 930

3,606 Southeast Asia 5,023 5,674 4,280 4,760 4,710

2,197 Others 2,392 2,515 2,745 2,625 2,625

36,445 Total 41,125 39,611 37,147 38,554 38,724

Production none

6,479 North America 6,248 7,285 6,256 7,627 7,627

974 Caribbean 1,054 979 992 982 982

15,852 South America 16,384 16,431 15,397 16,227 16,127

2,100 European Union - 28 1,937 1,963 2,055 2,026 2,026


2,251 Middle East 2,450 2,443 2,392 2,563 2,521

4,704 North Africa 4,789 4,530 4,000 4,554 4,554


157,953 East Asia 157,701 159,486 160,211 161,234 159,584

150,660 South Asia 154,377 153,218 152,311 154,478 154,478

115,490 Southeast Asia 116,867 115,367 111,439 115,971 115,471

1,501 Others 1,339 1,207 811 1,378 1,378

472,530 Total 478,335 478,562 472,266 483,797 481,505


4,987 North America 5,216 5,539 4,762 5,477 5,477

1,171 Central America 1,200 1,203 1,309 1,333 1,333

1,954 Caribbean 1,992 2,051 2,142 2,201 2,201

14,341 South America 14,582 14,637 14,677 14,773 14,828

3,250 European Union - 28 3,250 3,350 3,500 3,550 3,550


8,989 Middle East 9,190 9,235 8,726 8,908 8,858

4,572 North Africa 4,480 4,379 4,220 4,370 4,370


157,459 East Asia 159,414 160,566 159,774 160,209 160,209

137,375 South Asia 143,433 143,291 138,777 142,453 142,353

101,694 Southeast Asia 102,763 103,057 102,436 103,606 103,481

713 Others 717 556 530 545 545

462,825 Total 473,918 475,465 468,606 475,892 475,807

Ending Stocks none

1,349 North America 1,184 1,717 1,585 2,038 2,038

186 Central America 210 233 291 287 279

289 Caribbean 264 223 227 168 168

1,586 South America 1,844 2,151 1,516 1,306 1,466

1,188 European Union - 28 1,163 1,210 1,294 1,290 1,290

2,004 Middle East 1,864 1,777 1,163 963 951

427 North Africa 610 924 924 1,478 1,478


53,832 East Asia 57,296 61,919 68,279 75,528 73,903

26,891 South Asia 24,920 21,428 21,480 20,382 20,330

23,486 Southeast Asia 21,976 20,357 17,515 16,435 16,290

238 Oceania 241 223 73 180 180

179 Others 166 168 146 156 156

113,884 Total 113,871 114,521 116,470 121,724 120,207




16

150

160

170

180

190

200

210

220

$/M

T

Corn Daily Export Bids

U.S. Gulf Brazil Paranagua Black Sea Argentina Up River

COARSE GRAINS: WORLD MARKETS AND TRADE

OVERVIEW

For 2016/17, global corn production is projected higher from last month with larger crops for

Brazil, Canada, China, the EU, Indonesia, and Russia. Global trade is projected higher,

primarily driven by stronger imports from Colombia, Iran, Taiwan, and Vietnam. Exports are

raised for Brazil and Russia on greater supplies. The U.S. season-average farm price is forecast

5 cents higher to $3.35 per bushel.

PRICES

Since the release of the November WASDE, South American quotes moved higher on tight

nearby supplies. The Brazilian quote is up $1/ton to $185, while Argentine is up $9/ton to $183.

In comparison, U.S. and Black Sea quotes have ended lower on large supplies, with the U.S.

quote down $6/ton to $159 and Black Sea down $3/ton to $167. U.S. corn has remained the

lowest since February on a FOB basis, reflecting abundant U.S. production and relatively tight

supplies in competitor countries.


17

TRADE CHANGES IN 2016/17

Selected Exporters

Brazilian corn is raised 1.0 million tons to 22.0 million on a record crop.

Russian corn is boosted 600,000 tons to 5.3 million on record production.

Argentine barley is down 200,000 tons to 2.0 million with a smaller crop.

Australian barley is up 300,000 tons to 7.0 million on a record crop, while sorghum is

slashed 500,000 tons to 400,000 reflecting reduced crop prospects.

Selected Importers

Algerian corn is boosted 200,000 tons to 4.5 million on stronger expected feed use.

Canadian corn is down 500,000 tons to 1.0 million offset by larger production.

Chinese sorghum is cut 500,000 tons to 5.0 million reflecting recent slow purchases and

tight supplies from Australia, a major supplier.

Colombian corn is raised 300,000 tons to 4.8 million on brisk sales from the United

States.

Egyptian corn is up 250,000 tons to 9.0 million on stronger demand for competitively

priced feed grains.

EU corn is down 400,000 tons to 13.1 million on larger supplies of feed-quality wheat

and higher domestic production.

Indonesian corn is cut 300,000 tons to 1.7 million as import-restrictive policies are in

place, and the government promotes self-sufficiency in corn production.

Iranian corn is up 500,000 tons to 7.0 million on stronger demand for competitively-

priced feed grains and larger exportable supplies in Brazil, a major supplier.

Malaysian corn is up 200,000 tons to 3.8 million on competitive global prices.

Taiwanese corn is boosted 400,000 tons to 4.6 million on robust feed demand.

Vietnamese corn is raised 1.0 million tons to 7.5 million with stronger feed demand and

greater exportable supplies in Brazil, the top supplier.


World Coarse Grain Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

28,30528,50525,28521,00316,63029,497 Argentina

7,7757,9756,7007,2917,0096,416 Australia

22,03021,03035,41721,95422,05926,078 Brazil

3,9503,8504,6873,5995,4824,658 Canada

8,3558,25510,93415,0687,8418,943 European Union

2,3152,3152,6763,0312,7182,861 Paraguay

9,3608,7608,4689,1557,0744,366 Russia

2,2602,2601,5533,0011,799605 Serbia

1,3251,3257747622,1282,412 South Africa

23,21023,21021,45724,20824,12515,527 Ukraine

7,2207,1007,7738,42611,61510,479 Others

116,105114,585125,724117,498108,480111,842 Subtotal

63,03563,09559,29556,42356,77620,586 United States

179,140177,680185,019173,921165,256132,428 World Total

none

TY Imports

5,4255,2255,2244,8634,9463,289 Algeria

1,5501,5502,1211,0231,1841,238 Brazil

2,0252,0251,8051,7071,6211,327 Chile

13,20013,70017,49925,69912,4455,603 China

5,1404,8404,8244,7474,7954,090 Colombia

9,1058,8558,8497,9408,7755,097 Egypt

13,68014,08014,2619,40816,35511,778 European Union

1,7002,0001,7783,3813,5132,719 Indonesia

8,6008,1008,3008,0006,6004,800 Iran

1,8101,8101,5101,6032,0731,564 Israel

16,87016,87017,06316,72617,50117,742 Japan

1,4751,4751,7221,4591,6721,406 Jordan

9,8889,89010,19210,24510,4998,265 Korea, South

1,5001,5001,9051,6851,4931,220 Libya

3,8003,6004,1343,2383,4853,048 Malaysia

14,77514,77514,90411,64011,3127,624 Mexico

3,2003,2003,1822,2172,8581,832 Morocco

3,0353,0353,0772,8632,3362,404 Peru

14,21014,21013,99211,11511,33212,390 Saudi Arabia

2,7302,6802,77869323592 South Africa

4,7004,3004,7813,9384,3464,413 Taiwan

1,8001,8001,7131,5251,4491,608 Tunisia

1,8051,8057132,7191,9771,922 Turkey

2,2002,2001,8002,4332,6272,154 Venezuela

7,5006,5008,6006,7004,3001,600 Vietnam

20,08120,32119,46118,52416,65914,049 Others

171,804170,346176,188166,091156,388123,274 Subtotal

3,9613,9594,8494,5355,5452,639 Unaccounted

3,3753,3753,9823,2953,3236,515 United States

179,140177,680185,019173,921165,256132,428 World Total



World Coarse Grains Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

44,02444,13937,93935,73235,66537,246 Argentina

14,48414,26412,43712,60512,15811,414 Australia

89,01786,01769,12687,66982,60384,253 Brazil

25,63024,57025,61921,99228,74524,445 Canada

227,354223,700231,832222,750225,407212,192 China

12,75012,7509,98514,44213,07912,286 Ethiopia

152,393151,963151,812170,854159,212146,188 European Union

42,26042,26038,04343,07643,21639,910 India

10,2009,60010,5009,0009,1008,500 Indonesia

31,82531,82532,18932,68932,06528,881 Mexico

18,50018,50017,95019,01519,29218,573 Nigeria

41,00040,00037,42740,38635,73528,658 Russia

13,46813,5258,36411,11015,51812,873 South Africa

10,92510,92514,2759,42513,09010,595 Turkey

38,10038,10033,38739,38940,02229,528 Ukraine

153,316153,399151,772158,747147,580145,648 Others

925,246915,537882,657928,881912,487851,190 Subtotal

404,109404,109366,989377,234367,089285,311 United States

1,329,3551,319,6461,249,6461,306,1151,279,5761,136,501 World Total

none

Domestic Consumption

15,53415,53914,42114,23213,69512,050 Argentina

60,92260,92257,99360,02358,02855,803 Brazil

22,49522,25521,66921,29522,34520,340 Canada

245,750245,150238,995229,059223,546209,671 China

16,05816,00815,80314,83214,12212,910 Egypt

160,385160,480157,490162,555164,401153,341 European Union

40,87040,85039,49040,40037,60035,075 India

15,92015,62014,12012,02011,32010,520 Iran

17,18117,18117,25816,90317,57017,830 Japan

45,81545,81544,41542,17540,93536,195 Mexico

18,50018,50018,15018,95019,35018,700 Nigeria

30,85030,85029,64031,13928,61925,134 Russia

14,63014,63013,95011,90511,41110,750 Saudi Arabia

13,23013,23014,42513,05513,43013,005 Turkey

14,29514,29513,86515,43015,97714,661 Ukraine

246,447244,439241,650240,442227,504218,848 Others

991,360986,776937,575960,426927,395858,973 Subtotal

327,858327,730312,665311,339305,044275,537 United States

1,319,2181,314,5061,250,2401,271,7651,232,4391,134,510 World Total

none

Ending Stocks

6,7316,2315,6168,21314,2599,560 Brazil

4,1473,9803,8723,3344,6483,024 Canada

107,110104,556112,336102,02782,65968,386 China

11,88711,86914,55419,10615,56513,055 European Union

6,7146,5147,6747,1345,0944,654 Iran

6,1946,5176,2094,8323,4871,542 Mexico

4,1273,9444,3763,3613,7223,230 Saudi Arabia

43,25441,96142,03250,44047,29836,926 Others

190,164185,572196,669198,447176,732140,377 Subtotal

64,77464,90148,13246,94834,31323,531 United States

254,938250,473244,801245,395211,045163,908 World Total


Regional Coarse Grains Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

14,661 North America 15,349 16,648 19,976 19,740 19,240

2,470 Central America 2,923 3,456 3,938 3,725 3,875

2,327 Caribbean 2,330 2,444 2,597 2,585 2,685

11,812 South America 13,182 13,353 14,071 14,270 14,570

11,778 European Union - 28 16,355 9,408 14,261 14,080 13,680


25,078 Middle East 26,614 27,768 29,379 30,580 31,080

13,046 North Africa 19,521 18,230 20,873 20,580 21,030


36,176 East Asia 44,865 56,665 49,588 44,840 44,738

7,961 Southeast Asia 12,814 14,736 15,966 13,675 14,575

1,010 Others 1,335 1,386 1,900 1,636 1,646

129,789 Total 159,711 169,386 180,170 173,721 175,179

Production none

338,637 North America 427,899 431,915 424,797 460,504 461,564

136,025 South America 131,844 136,550 120,789 143,499 146,301

146,188 European Union - 28 159,212 170,854 151,812 151,963 152,393

6,567 Other Europe 8,864 10,736 8,976 10,023 10,023


18,632 Middle East 21,630 17,819 23,313 19,903 19,903

10,473 North Africa 11,560 11,092 12,497 9,815 9,815


214,616 East Asia 227,797 225,528 234,475 226,349 230,003

47,642 South Asia 51,986 51,822 46,597 51,088 51,088

29,005 Southeast Asia 30,616 30,945 31,948 32,173 32,773

12,082 Oceania 12,805 13,273 13,144 14,904 15,124

4,845 Others 4,974 4,563 4,418 4,704 4,704

1,136,501 Total 1,279,576 1,306,115 1,249,646 1,319,646 1,329,355


332,072 North America 368,324 374,809 378,749 395,800 396,168

89,796 South America 94,375 96,974 95,770 100,208 100,323

153,341 European Union - 28 164,401 162,555 157,490 160,480 160,385

7,098 Other Europe 7,751 8,117 8,361 8,307 8,307


42,852 Middle East 45,753 45,586 51,331 52,437 52,687

25,171 North Africa 28,059 30,230 32,391 31,868 32,013


242,831 East Asia 257,690 262,947 273,336 279,157 280,105

42,704 South Asia 46,165 49,329 48,985 50,394 50,424

35,387 Southeast Asia 38,543 41,133 44,089 44,716 45,866

6,107 Oceania 5,764 5,846 6,659 6,649 6,769

9,533 Others 10,025 10,261 10,906 10,966 11,191

1,140,370 Total 1,224,897 1,255,754 1,265,999 1,303,494 1,306,740

Ending Stocks none

28,097 North America 42,448 55,114 58,213 75,398 75,115

15,559 South America 21,435 14,445 11,202 12,151 12,780

13,055 European Union - 28 15,565 19,106 14,554 11,869 11,887

618 Other Europe 750 1,069 865 1,238 1,218


9,933 Middle East 11,721 12,634 14,469 12,324 12,595

3,584 North Africa 5,629 5,443 5,884 4,328 4,606


71,687 East Asia 86,671 105,900 116,603 108,567 111,209

2,404 South Asia 4,093 5,289 3,056 3,566 3,631

3,259 Southeast Asia 4,114 4,040 4,758 3,110 3,705

902 Oceania 1,115 1,624 1,493 2,020 2,118

778 Others 933 977 973 1,043 1,021

163,908 Total 211,045 245,395 244,801 250,473 254,938




World Corn Trade


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

25,50025,50021,67218,44812,84622,789 Argentina

22,00021,00035,38221,90922,04126,044 Brazil

1,1009501,0001,2501,100750 Burma

1,8001,7001,9494,0272,4042,194 European Union

8008001,350784501522 Mexico

2,3002,3002,6613,0122,7142,858 Paraguay

5,3004,7004,6913,2134,1941,917 Russia

2,2002,2001,5132,9641,780578 Serbia

1,3001,3007597462,1042,398 South Africa

18,00018,00016,59519,66120,00412,726 Ukraine

4,8604,7606,0165,58210,4519,708 Others

85,16083,21093,58881,59680,13982,484 Subtotal

56,50056,50051,19846,83150,69118,262 United States

141,660139,710144,786128,427130,830100,746 World Total

none

TY Imports

4,5004,3004,3294,1164,1562,918 Algeria

1,1001,1001,566534846869 Brazil

1,8001,8001,6001,5161,456844 Chile

3,0003,0003,1745,5163,2772,702 China

4,8004,5004,4584,4964,4363,266 Colombia

1,3501,2501,3511,2021,0111,046 Dominican Republic

9,0008,7508,7767,8418,7265,059 Egypt

13,10013,50013,7688,90816,01411,362 European Union

1,7002,0001,7783,3813,5132,719 Indonesia

7,0006,5006,6006,1005,5003,700 Iran

1,5001,5001,1521,2961,6521,224 Israel

15,00015,00015,19414,65715,12114,411 Japan

9,8009,80010,12110,16810,4068,174 Korea, South

3,8003,6004,1343,2383,4853,048 Malaysia

13,80013,80014,01111,34110,9495,676 Mexico

2,3002,3002,2241,9412,3491,684 Morocco

2,9002,9002,9542,7412,2322,254 Peru

3,7003,7003,5832,9042,6842,063 Saudi Arabia

2,5002,5002,579469790 South Africa

4,6004,2004,6563,8104,1794,241 Taiwan

1,2001,2001,0171,042993846 Tunisia

1,5001,5005672,3771,3811,656 Turkey

2,2002,2001,8002,4332,6262,154 Venezuela

7,5006,5008,6006,7004,3001,600 Vietnam

1,4001,400800700600700 Zimbabwe

16,15016,50016,07615,46213,99010,649 Others

137,200135,300136,868124,889125,96194,865 Subtotal

3,2103,1606,1392,7294,1421,616 Unaccounted

1,2501,2501,7798097274,265 United States

141,660139,710144,786128,427130,830100,746 World Total



World Corn Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

36,50036,50029,00028,70026,00027,000 Argentina

86,50083,50067,00085,00080,00081,500 Brazil

13,20012,50013,55911,48714,19413,060 Canada

219,554216,000224,632215,646218,489205,614 China

6,3006,3005,0507,2356,4926,158 Ethiopia

60,70460,27958,48075,84064,93159,142 European Union

24,50024,50021,80024,17024,25922,258 India

10,2009,60010,5009,0009,1008,500 Indonesia

24,50024,50025,80025,48022,88021,591 Mexico

7,2007,2007,0007,5157,7007,630 Nigeria

7,9007,9007,5007,6717,5327,261 Philippines

15,50014,50013,16811,32511,6358,213 Russia

7,0007,0006,0007,7005,9003,750 Serbia

13,00013,0007,90010,62914,92512,365 South Africa

27,00027,00023,33328,45030,90020,922 Ukraine

93,42193,50194,87597,07094,17091,481 Others

652,979643,780615,597652,918639,107596,445 Subtotal

386,748386,748345,486361,091351,272273,192 United States

1,039,7271,030,528961,0831,014,009990,379869,637 World Total

none

Total Consumption

10,50010,5009,3009,3008,8007,900 Argentina

58,00058,00055,30057,00055,00052,500 Brazil

13,30013,30012,78712,82012,67511,604 Canada

227,000226,000217,500202,000208,000200,000 China

15,10015,05014,85013,90013,20012,000 Egypt

73,70073,80073,20077,88076,79669,846 European Union

23,30023,30022,65022,30019,60017,500 India

12,50011,60012,10012,20011,90010,900 Indonesia

10,30010,0008,8007,4006,8006,200 Iran

15,10015,10015,20014,60015,00014,300 Japan

9,9009,90010,12310,2509,8918,481 Korea, South

37,50037,50037,10034,55031,70027,000 Mexico

9,6009,6008,7008,1007,5006,400 Russia

11,30011,30011,20011,65011,50011,000 South Africa

12,40012,00012,0009,4007,7006,200 Vietnam

160,646160,056158,379158,348153,268144,087 Others

711,834707,144661,565678,728655,797601,597 Subtotal

314,593314,593298,831301,792292,958262,973 United States

1,026,4271,021,737960,396980,520948,755864,570 World Total

none

Ending Stocks

2,0582,0581,0531,8481,4081,308 Argentina

6,4425,9425,3427,84213,9729,150 Brazil

106,308103,754110,774100,47281,32367,579 China

2,1011,8252,2112,2952,3981,076 Egypt

5,1355,1176,8319,7326,8915,146 European Union

5,2965,0966,0565,7164,4763,236 Iran

5,4515,8185,4514,0902,603975 Mexico

28,40727,52927,08732,29030,40723,817 Others

161,198157,139164,805164,285143,478112,287 Subtotal

61,04861,04844,14143,97431,29220,859 United States

222,246218,187208,946208,259174,770133,146 World Total


Regional Corn Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

10,433 North America 12,354 13,686 16,739 16,550 16,050

2,470 Central America 2,922 3,456 3,938 3,725 3,875

9,651 South America 12,027 12,040 12,633 13,000 13,300

11,362 European Union - 28 16,014 8,908 13,768 13,500 13,100


10,944 Middle East 13,812 15,237 14,916 15,975 16,475

11,154 North Africa 17,036 15,624 16,927 17,250 17,700


29,681 East Asia 33,057 34,208 33,198 32,080 32,480

7,943 Southeast Asia 12,768 14,722 15,951 13,660 14,560

2,327 Caribbean 2,330 2,444 2,597 2,585 2,685

751 Others 979 1,106 1,332 1,135 1,135

99,130 Total 126,688 125,698 138,647 136,550 138,450

Production none

307,843 North America 388,346 398,058 384,845 423,748 424,448

120,997 South America 117,456 124,922 107,559 130,894 133,794

59,142 European Union - 28 64,931 75,840 58,480 60,279 60,704

4,912 Other Europe 7,222 8,963 7,191 8,229 8,229


7,493 Middle East 8,173 7,769 9,159 8,439 8,439

5,919 North Africa 5,898 6,161 6,201 6,201 6,201


207,737 East Asia 220,582 218,095 226,983 218,354 221,908

28,857 South Asia 31,865 31,740 29,170 32,070 32,070

3,755 Central America 3,817 3,416 3,300 3,560 3,560

28,740 Southeast Asia 30,334 30,651 31,653 31,883 32,483

1,377 Others 1,320 1,442 1,366 1,428 1,448

869,637 Total 990,379 1,014,009 961,083 1,030,528 1,039,727


301,577 North America 337,333 349,162 348,718 365,393 365,393

78,981 South America 83,551 86,376 85,051 89,185 89,285

69,846 European Union - 28 76,796 77,880 73,200 73,800 73,700

5,194 Other Europe 5,847 6,147 6,422 6,320 6,320


18,710 Middle East 19,785 21,710 23,795 25,430 25,680

18,450 North Africa 20,800 22,100 23,140 23,875 24,020


229,234 East Asia 239,185 233,237 249,453 257,605 258,955

23,980 South Asia 26,982 30,007 30,720 31,470 31,470

35,109 Southeast Asia 38,254 40,799 43,784 44,410 45,560

6,175 Central America 6,600 6,710 7,175 7,225 7,350

3,516 Others 3,581 3,979 3,984 3,990 4,110

868,891 Total 942,288 963,490 978,020 1,011,599 1,014,739

Ending Stocks none

23,383 North America 35,495 49,466 51,041 68,356 68,048

13,628 South America 19,022 12,385 9,041 10,419 10,970

5,146 European Union - 28 6,891 9,732 6,831 5,117 5,135

371 Other Europe 504 852 716 1,085 1,065


4,108 Middle East 5,872 7,067 7,175 6,182 6,264

1,771 North Africa 3,117 3,306 3,037 2,570 2,908


70,387 East Asia 84,864 103,922 114,648 107,419 110,061

1,744 South Asia 3,005 3,935 2,465 2,840 2,835

3,254 Southeast Asia 4,108 4,034 4,752 3,110 3,705

487 Central America 597 600 627 707 692

330 Others 393 450 422 399 390

133,146 Total 174,770 208,259 208,946 218,187 222,246




World Barley Trade


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

2,0002,2002,8361,5992,8293,647 Argentina

7,0006,7005,4005,2666,2614,622 Australia

1,6001,6001,1461,3861,7141,316 Canada

6,2006,2008,60310,6424,9266,501 European Union

701001097546546 India

700700776476501151 Kazakhstan

4,0004,0003,7385,8072,7912,366 Russia

606040371826 Serbia

5,0005,0004,6734,3323,8272,659 Ukraine

5050444336107 Uruguay

7575631234258 Others

26,75526,68527,32929,80823,49121,999 Subtotal

200260161291336163 United States

26,95526,94527,49030,09923,82722,162 World Total

none

TY Imports

900900864723778364 Algeria

450450551489337369 Brazil

5,0005,0005,8699,8594,8912,183 China

285285301249253232 Colombia

10010072984637 Egypt

3503503152695853 European Union

1,6001,6001,7001,9001,1001,100 Iran

275275321278304244 Israel

1,1001,1001,1541,0971,2941,356 Japan

800800902759997831 Jordan

400400247412436388 Kuwait

8008001,3241,001681573 Libya

17517513218410847 Mexico

900900958276471148 Morocco

1101109812287103 Peru

10,50010,50010,4008,2008,50010,200 Saudi Arabia

200200100100100300 Syria

600600696483456762 Tunisia

300300146332596266 Turkey

400400467394468541 United Arab Emirates

1,0761,0661,0701,2411,0771,112 Others

26,32126,31127,68728,46623,03821,209 Subtotal

234234-5471,203266522 Unaccounted

400400350430523431 United States

26,95526,94527,49030,09923,82722,162 World Total



World Barley Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

3,3403,6504,9402,9004,7505,000 Argentina

10,6009,9008,5938,6469,1747,472 Australia

2,1002,1001,8491,9881,6741,917 Belarus

8,8008,5008,2267,11910,2378,012 Canada

2,0002,0001,8001,8101,7001,626 China

2,0502,0501,9501,9531,9081,782 Ethiopia

59,74959,74461,51760,65859,67454,875 European Union

1,5101,5101,6131,8311,7521,619 India

3,8003,8003,8003,2002,8002,770 Iran

1,1001,1001,0501,000944500 Iraq

2,7002,7002,6752,4122,5391,500 Kazakhstan

1,0761,0763,5001,7002,7231,201 Morocco

18,00018,00017,08320,02615,38913,952 Russia

4,7504,7507,4004,0007,3005,500 Turkey

9,8009,8008,7519,4507,5616,935 Ukraine

9,0238,9889,1559,1509,4489,675 Others

140,398139,668143,902137,843139,573124,336 Subtotal

4,3394,3394,7503,9534,7194,768 United States

144,737144,007148,652141,796144,292129,104 World Total

none

Total Consumption

2,0502,0502,1502,0502,0502,000 Algeria

3,1003,0003,3003,0002,8003,000 Australia

2,1002,1001,8502,0001,8002,000 Belarus

7,1656,9656,9686,4717,7186,811 Canada

7,1007,1007,90011,6006,3004,000 China

2,0252,0251,9901,9751,9251,725 Ethiopia

54,10554,10051,70050,90053,40051,000 European Union

1,5701,5501,5201,4001,2001,525 India

5,6005,6005,3004,6004,5004,300 Iran

2,0002,0002,0002,0002,0001,375 Kazakhstan

2,8002,8003,4502,7002,3001,900 Morocco

13,90013,90013,60014,10012,70012,100 Russia

10,72510,72510,2258,5258,6258,325 Saudi Arabia

5,5005,5006,9005,3506,9506,200 Turkey

4,9004,9004,7004,7005,0005,100 Ukraine

17,11917,08917,73716,86517,04715,754 Others

141,963141,619143,238137,331136,093126,663 Subtotal

4,6384,6374,4064,2354,7754,638 United States

146,601146,256147,644141,566140,868131,301 World Total

none

Ending Stocks

1,1401,2041,2901,3041,1781,217 Algeria

1,5131,4131,0131,120693536 Australia

1,6531,5641,4431,2171,950983 Canada

5,0375,0375,2435,9205,6215,044 European Union

1,4181,4181,6181,4186181,418 Iran

9869868361,533904726 Russia

3,8443,6444,0593,0743,3893,003 Saudi Arabia

5,5035,5467,3756,7957,7185,761 Others

21,09420,81222,87722,38122,07118,688 Subtotal

2,1422,1422,2231,7111,7911,750 United States

23,23622,95425,10024,09223,86220,438 World Total


Regional Barley Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

499 North America 640 779 613 650 650

1,064 South America 886 1,169 1,157 980 980

53 European Union - 28 58 269 315 350 350

126 Other Europe 163 120 84 155 155


13,906 Middle East 12,537 12,480 14,415 14,555 14,555

1,884 North Africa 2,432 2,581 3,914 3,300 3,300

52 Sub-Saharan Africa 116 138 40 120 120

3,668 East Asia 6,320 11,080 7,136 6,225 6,225

2 South Asia 11 22 187 121 131

8 Oceania 46 32 7 25 25

21,640 Total 23,561 28,896 28,037 26,711 26,721

Production none

13,812 North America 15,550 11,918 13,728 13,574 13,874

5,884 South America 5,737 3,769 5,929 4,955 4,662

54,875 European Union - 28 59,674 60,658 61,517 59,744 59,749

1,188 Other Europe 1,187 1,286 1,299 1,307 1,307


9,686 Middle East 12,043 8,653 12,858 10,068 10,068

3,631 North Africa 4,739 3,975 5,375 2,684 2,684


1,920 East Asia 1,991 2,134 2,088 2,291 2,291

1,956 South Asia 2,261 2,340 2,116 2,042 2,042

7,911 Oceania 9,591 9,052 9,030 10,300 11,000

129,104 Total 144,292 141,796 148,652 144,007 144,737


12,349 North America 13,243 11,556 12,299 12,527 12,728

3,152 South America 3,528 3,398 3,868 3,693 3,713

51,000 European Union - 28 53,400 50,900 51,700 54,100 54,105

1,298 Other Europe 1,334 1,404 1,384 1,404 1,404


22,435 Middle East 24,410 22,277 26,170 25,566 25,566

5,790 North Africa 6,282 7,182 8,303 7,038 7,038


5,812 East Asia 8,009 13,162 9,481 8,660 8,660

1,868 South Asia 1,713 1,923 2,053 2,098 2,128

3,425 Oceania 3,250 3,450 3,750 3,425 3,525

131,753 Total 141,090 142,471 145,696 146,041 146,397

Ending Stocks none

3,014 North America 3,974 3,326 4,069 4,091 4,183

657 South America 816 716 988 989 867

5,044 European Union - 28 5,621 5,920 5,243 5,037 5,037

220 Other Europe 205 179 122 122 122


5,733 Middle East 5,781 5,508 7,249 6,092 6,281

1,785 North Africa 2,489 2,089 2,794 1,700 1,640


736 East Asia 1,038 1,090 833 689 689

137 South Asia 247 259 271 206 276

588 Oceania 748 1,174 1,060 1,460 1,560

20,438 Total 23,862 24,092 25,100 22,954 23,236




World Sorghum Trade


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

8008007729549533,059 Argentina

4009001,0001,7004101,430 Australia

25253013112 Brazil

252525757575 Ethiopia

50508512188231 India

100100501005050 Nigeria

150150120156229124 Ukraine

125125140195218191 Others

1,6752,1752,2223,3142,0345,162 Subtotal

6,3006,3007,8959,2695,7142,136 United States

7,9758,47510,11712,5837,7487,298 World Total

none

TY Imports

15015013498109404 Chile

5,0005,5008,28410,1624,161631 China

5050640104591 Colombia

150150119131184291 European Union

7007006499031,0031,897 Japan

10010010511794102 Kenya

700700661291621,793 Mexico

100100231321410 Pakistan

10050150866144 South Africa

10010020012075175 Sudan

420420418417774678 Others

7,5708,02011,01512,0956,7416,616 Subtotal

380430-9964611,004439 Unaccounted

252598273243 United States

7,9758,47510,11712,5837,7487,298 World Total



World Sorghum Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

3,6003,4003,3753,5004,4004,700 Argentina

1,5002,2002,0372,2091,2822,230 Australia

1,5301,5301,0802,0551,8902,102 Brazil

1,9001,9001,4361,7081,8801,924 Burkina

1,1501,1501,1501,1501,1501,100 Cameroon

9009008358977451,172 Chad

3,3003,2003,0002,8852,8922,556 China

3,7003,7002,6004,3393,8293,604 Ethiopia

5,5005,5004,4105,4455,5425,281 India

1,3001,3001,3001,2728201,212 Mali

6,5006,5005,5506,2708,5006,174 Mexico

1,3001,3001,9171,4261,3201,376 Niger

6,5006,5006,1506,7006,5925,943 Nigeria

900900900990720650 South Sudan

5,5005,5002,3886,2812,2494,524 Sudan

6,9006,9756,8767,3057,0646,615 Others

51,98052,45545,00454,43250,87551,163 Subtotal

11,74011,74015,15810,9889,9666,293 United States

63,72064,19560,16265,42060,84157,456 World Total

none

Total Consumption

2,9502,9502,8002,8002,7002,300 Argentina

1,1051,2051,1055059051,080 Australia

1,5001,5001,1502,0002,0002,300 Brazil

1,8001,8001,4651,7001,9001,850 Burkina

1,1751,1751,1751,1751,1651,110 Cameroon

9009008659008501,150 Chad

8,9009,30011,00012,9006,8003,200 China

3,6503,6503,1004,1003,9003,700 Ethiopia

5,3505,3504,8205,1005,2005,150 India

1,3001,3001,3001,2009501,200 Mali

7,2007,2006,2006,6008,3008,100 Mexico

1,4501,4501,8201,4501,3001,200 Niger

6,4006,4006,0506,6506,5505,900 Nigeria

9609709501,050790650 South Sudan

5,5005,5003,1006,0002,5504,700 Sudan

8,2308,2308,3838,7668,57010,077 Others

58,90059,48554,96762,77555,50752,472 Subtotal

5,4625,3356,2122,4594,1304,796 United States

64,36264,82061,17965,23459,63757,268 World Total

none

Ending Stocks

5963968469711,202781 Argentina

357357967706568326 China

19319393588364109 India

349308349338647285 Mexico

268268393271270225 Niger

200200200150200208 Nigeria

321321226743357588 Sudan

1,3071,4181,1121,8991,4761,837 Others

3,5913,4614,1865,6665,0844,359 Subtotal

8841,011931468864385 United States

4,4754,4725,1176,1345,9484,744 World Total


Regional Sorghum Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

2,036 North America 165 56 759 725 725

1,071 South America 240 114 236 260 260

291 European Union - 28 184 131 119 150 150

0 Other Europe 0 0 0 0 0

194 Middle East 232 23 33 20 20

1 North Africa 41 1 1 5 5


2,650 East Asia 5,281 11,142 9,011 6,255 5,755

18 Southeast Asia 46 14 15 15 15

11 Others 15 32 231 100 100

6,859 Total 6,744 12,122 11,113 8,045 7,595

Production none

12,467 North America 18,466 17,258 20,708 18,240 18,240

339 Central America 335 335 335 335 335

92 Caribbean 94 92 92 91 91

7,495 South America 7,081 6,404 5,297 5,742 5,942

473 European Union - 28 703 887 731 744 744

667 Middle East 634 691 535 635 635

757 North Africa 767 809 755 755 755


2,560 East Asia 2,895 2,887 3,002 3,202 3,302

5,404 South Asia 5,661 5,548 4,555 5,630 5,630


2,230 Oceania 1,282 2,209 2,037 2,200 1,500

209 Others 354 224 191 225 225

57,456 Total 60,841 65,420 60,162 64,195 63,720


12,896 North America 12,430 9,059 12,412 12,535 12,662

325 Central America 325 330 340 335 335

92 Caribbean 94 92 92 91 91

6,076 South America 5,757 5,785 4,952 5,477 5,477

795 European Union - 28 880 995 860 880 880

877 Middle East 755 845 590 650 650

756 North Africa 813 785 755 755 755


5,221 East Asia 7,951 13,911 11,734 10,060 9,660

5,283 South Asia 5,334 5,235 5,176 5,580 5,580


1,080 Oceania 905 505 1,105 1,205 1,105

80 Others 75 75 75 75 75

58,463 Total 58,560 65,355 61,495 64,215 63,832

Ending Stocks none

670 North America 1,511 806 1,280 1,319 1,233

30 Central America 33 38 28 23 23

1,146 South America 1,468 1,238 1,023 593 793

5 European Union - 28 18 27 13 22 22

61 Middle East 27 39 25 30 30

27 North Africa 22 47 52 57 57


413 East Asia 627 736 993 380 380

109 South Asia 364 588 93 193 193

185 Oceania 172 246 178 273 173

25 Others 76 69 65 59 59

4,744 Total 5,948 6,134 5,117 4,472 4,475




World Oats Trade


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

555222 Argentina

300300225270270240 Australia

1,5001,5001,6661,7291,7321,351 Canada

757575844941 Chile

200200220231291126 European Union

1010161464 Russia

5050484662 Ukraine

10101081410 Others

2,1502,1502,2652,3842,3701,776 Subtotal


2,1802,1802,3002,4132,3991,794 World Total

none

TY Imports

550300 Albania

25253124127 Algeria

554432 Bosnia and Herzegovina

15151012279 Canada

20020017216211687 China

551221 Colombia

202038212119 Ecuador


505050474651 Japan

1001001008693108 Mexico

1010743836 Norway

551222 Serbia

505031461911 South Africa

505042495144 Switzerland

550400 Turkey

5510886 Others

555555506478441387 Subtotal

1251252561689252 Unaccounted

1,5001,5001,5381,7671,8661,355 United States

2,1802,1802,3002,4132,3991,794 World Total



World Oats Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production

110110110110110110 Algeria

500500553525445496 Argentina

1,8001,6001,3081,1981,2551,121 Australia

400400492522352422 Belarus

650650783351380361 Brazil

3,0003,0003,4282,9793,9062,830 Canada

600600533421610680 Chile

600600600600580600 China

7,8077,8077,5037,8328,3807,909 European Union

275275244226305200 Kazakhstan

909087939184 Mexico

240240236236214232 Norway

4,7004,7004,5275,2674,9324,027 Russia

210210210210210210 Turkey

500500498610467630 Ukraine

334334331298319315 Others

21,81621,61621,44321,47822,55620,227 Subtotal

9409401,3001,019938892 United States

22,75622,55622,74322,49723,49421,119 World Total

none

Total Consumption

135135137126118119 Algeria

500500550525425500 Argentina

1,3501,2501,025950950925 Australia

400400500500375400 Belarus

640640765345375350 Brazil

1,6501,6501,6161,6811,6601,592 Canada

525525425355570600 Chile

850850795750700675 China

7,7007,7007,4807,7308,0757,700 European Union

270270245225275225 Kazakhstan

190190190175185195 Mexico

250250245245245295 Norway

4,6004,6004,6005,2004,9004,300 Russia

215215210215215215 Turkey

450450450600475600 Ukraine

524524493473492451 Others

20,32220,22219,95520,09220,25519,217 Subtotal

2,6112,6112,7012,4472,7572,743 United States

22,93322,83322,65622,53923,01221,960 World Total

none

Ending Stocks

585863656749 Argentina

3012011519310560 Australia

7937959286731,054446 Canada

606060274561 Chile

7474124147135139 China

512512600781894901 European Union

289287199289230203 Russia

195195185193201222 Others

2,2822,1822,3102,2682,7312,081 Subtotal

676676825780359527 United States

2,9582,8583,1353,0483,0902,608 World Total


Regional Oats Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

1,472 North America 1,986 1,865 1,648 1,615 1,615

26 South America 29 30 45 30 30

4 European Union - 28 3 4 9 5 5

84 Other Europe 94 62 54 75 75


0 Middle East 0 4 0 5 5

7 North Africa 12 24 31 25 25


138 East Asia 162 209 222 250 250

0 Oceania 0 0 0 0 0

1,742 Total 2,307 2,245 2,044 2,055 2,055

Production none

3,806 North America 4,935 4,091 4,815 4,030 4,030

1,577 South America 1,478 1,325 1,910 1,792 1,792

7,909 European Union - 28 8,380 7,832 7,503 7,807 7,807

365 Other Europe 349 371 374 375 375


210 Middle East 210 210 210 210 210

166 North Africa 156 147 166 175 175


602 East Asia 582 602 601 601 601

1,139 Oceania 1,283 1,233 1,342 1,630 1,830

21,119 Total 23,494 22,497 22,743 22,556 22,756


4,530 North America 4,602 4,303 4,507 4,451 4,451

1,515 South America 1,447 1,285 1,805 1,737 1,737

7,700 European Union - 28 8,075 7,730 7,480 7,700 7,700

474 Other Europe 435 436 439 446 446


215 Middle East 215 215 210 215 215

175 North Africa 164 163 193 200 200


730 East Asia 750 800 845 900 900

943 Oceania 978 985 1,059 1,280 1,380

21,885 Total 22,792 22,542 22,427 22,760 22,860

Ending Stocks none

974 North America 1,417 1,459 1,759 1,477 1,475

128 South America 129 106 150 150 150

901 European Union - 28 894 781 600 512 512

27 Other Europe 41 38 27 31 31


13 Middle East 8 6 6 6 6

1 North Africa 1 1 1 1 1


144 East Asia 138 149 127 78 78

60 Oceania 105 93 151 201 301

2,608 Total 3,090 3,048 3,135 2,858 2,958




World Rye Trade


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

TY Exports

5555525 Belarus

1501501118997178 Canada

150150160167201122 European Union

5050231218379 Russia

101021135916 Ukraine

000111 Others

365365320396446421 Subtotal


370370326399452428 World Total

none

TY Imports


252515183334 Israel

202016223727 Japan

81054812 Korea, South

2020262118 Norway

5555525 Russia

553669 Switzerland

0016614 Others

158160112163207197 Subtotal

1210-3-264110 Unaccounted

200200217262204221 United States

370370326399452428 World Total



World Rye Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16 2016/17

Nov

2016/17

Dec

none

Production


8008007538676481,082 Belarus

410380226218223337 Canada

8,1228,1227,8358,87310,1518,763 European Union

2,3002,3002,0843,2793,3602,132 Russia

350350350300365370 Turkey

375375394475638676 Ukraine

137137122148128146 Others

12,56412,53911,82514,25715,56513,546 Subtotal

342342295183194166 United States

12,90612,88112,12014,44015,75913,712 World Total

none

Total Consumption


252522191940 Australia

8008008008506501,000 Belarus

160150118134107127 Canada

8,5008,5008,1008,6009,6508,700 European Union

454537654050 Kazakhstan

323213203324 Norway

2,2502,2502,1753,2503,1002,000 Russia

350350350325350375 Turkey

370370420475625625 Ukraine

11411691106142132 Others

12,69912,69412,19113,95114,76813,146 Subtotal

554554515406424387 United States

13,25313,24812,70614,35715,19213,533 World Total

none

Ending Stocks

115115120172160167 Belarus

15213152424446 Canada

5675671,0201,3951,204795 European Union

444483 Kazakhstan

135135130264344153 Russia

141414143318 Turkey

707075106128166 Ukraine

112347 Others

1,0581,0371,4172,0001,9251,355 Subtotal


1,0821,0611,4292,0151,9321,365 World Total


Regional Rye Imports, Production, Consumption, and Stocks


2012/13 2013/14 2014/15 2015/16

Nov

2016/17

Dec

2016/17

TY Imports none

221 North America 204 262 217 200 200

0 South America 0 0 0 0 0

68 European Union - 28 96 96 50 75 75

29 Other Europe 28 12 5 25 25


34 Middle East 33 24 15 25 25


39 East Asia 45 26 21 30 28

0 Oceania 0 0 0 0 0

418 Total 411 425 329 360 358

Production none

503 North America 417 401 521 722 752

47 South America 59 105 69 87 82

8,763 European Union - 28 10,151 8,873 7,835 8,122 8,122

46 Other Europe 55 56 52 52 52


370 Middle East 365 300 350 350 350


0 East Asia 0 0 0 0 0

40 Oceania 20 20 22 25 25

13,712 Total 15,759 14,440 12,120 12,881 12,906


514 North America 531 540 633 704 714

47 South America 59 105 69 87 82

8,700 European Union - 28 9,650 8,600 8,100 8,500 8,500

76 Other Europe 84 70 56 77 77


409 Middle East 383 343 365 375 375


37 East Asia 48 27 22 31 29

40 Oceania 19 19 22 25 25

13,500 Total 15,192 14,347 12,702 13,267 13,270

Ending Stocks none

56 North America 51 57 64 155 176

0 South America 0 0 0 0 0

795 European Union - 28 1,204 1,395 1,020 567 567

0 Other Europe 0 0 0 0 0


18 Middle East 33 14 14 14 14


7 East Asia 4 3 2 1 1

0 Oceania 0 0 0 0 0

1,365 Total 1,932 2,015 1,429 1,061 1,082




36

HISTORICAL DATA SERIES FOR SELECTED REGIONS AND COUNTRIES

CONTENTS

European Union: Grain Supply and Demand ............................................... 37 China: Grain Supply and Demand ................................................................ 38 Other Europe: Grain Supply and Demand .................................................... 39 Former Soviet Union: Grain Supply and Demand ........................................ 40 Wheat Supply and Disappearance: Selected Exporters ................................ 44 Corn Supply and Disappearance: Selected Exporters ................................... 46 Barley Supply and Disappearance: Selected Exporters ................................ 48 Sorghum Supply and Disappearance: Selected Exporters ............................ 49

U.S. Grains: Supply and Distribution……………………………. .... ……..50 Total Wheat and Coarse Grains: Supply and Demand ................................. 51 World Wheat and Coarse Grains: Supply and Demand ............................... 52 World Corn and Barley: Supply and Demand .............................................. 53 World Rice: Supply and Demand ................................................................. 54

DG F/SA &F


European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

132.9 128.263.015.76.85.126.0 2005/06 24.1

125.7 126.260.213.95.25.124.7 2006/07 14.8

120.8 117.252.412.46.84.924.9 2007/08 12.8

151.9 127.660.525.47.75.726.8 2008/09 19.4

139.7 125.657.522.35.45.426.0 2009/10 16.6

136.7 122.852.523.14.65.326.0 2010/11 11.9

138.2 127.257.516.77.45.325.8 2011/12 13.5

133.9 119.351.022.85.35.226.0 2012/13 10.7

144.6 117.349.032.04.05.625.9 2013/14 9.9

156.9 124.755.035.46.05.926.7 2014/15 12.7

160.0 131.061.034.76.96.026.8 2015/16 14.0

144.0 129.258.525.06.55.327.0 2016/17 10.3

Coarse Grains

149.7 150.9112.44.32.74.533.2 2005/06 22.8

140.3 150.9112.94.58.14.332.4 2006/07 15.7

138.8 157.2121.64.520.34.232.7 2007/08 13.1

165.2 154.5116.15.73.14.834.1 2008/09 21.3

158.0 152.8114.83.02.94.833.0 2009/10 26.3

143.2 155.0116.96.28.54.730.2 2010/11 16.9

150.1 151.7113.26.57.05.030.2 2011/12 15.7

146.2 153.3113.77.411.84.631.4 2012/13 13.1

159.2 164.4122.48.616.35.131.5 2013/14 15.6

170.9 162.6121.414.09.25.630.8 2014/15 19.1

151.8 157.5116.613.114.25.030.3 2015/16 14.6

152.4 160.4119.58.413.75.130.1 2016/17 11.9

Wheat and Coarse Grains

282.5 279.1175.420.09.44.859.2 2005/06 46.9

265.9 277.1173.118.513.24.757.1 2006/07 30.5

259.6 274.3174.116.927.14.557.5 2007/08 25.9

317.2 282.1176.631.110.85.260.9 2008/09 40.7

297.7 278.4172.325.38.25.059.0 2009/10 42.9

279.9 277.8169.429.313.15.056.3 2010/11 28.8

288.3 278.9170.723.314.35.156.1 2011/12 29.3

280.1 272.6164.730.217.14.957.4 2012/13 23.8

303.8 281.7171.440.720.35.357.4 2013/14 25.5

327.8 287.2176.449.415.25.757.5 2014/15 31.8

311.8 288.5177.647.821.25.557.1 2015/16 28.6

296.4 289.6178.033.420.25.257.2 2016/17 22.2


China: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

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

121.9 116.516.00.96.85.124.1 2013/14 65.3

126.2 116.516.00.81.95.224.1 2014/15 76.1

130.2 112.010.50.73.55.424.1 2015/16 97.0

128.9 117.015.00.83.55.324.2 2016/17 111.6

Coarse Grains

147.8 147.1103.53.82.35.128.8 2005/06 36.9

159.0 153.5105.05.51.25.131.1 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

225.4 223.5157.80.012.45.938.3 2013/14 82.7

222.8 229.1158.80.025.75.739.2 2014/15 102.0

231.8 239.0166.90.017.55.840.2 2015/16 112.3

227.4 245.8169.60.013.25.838.9 2016/17 107.1


245.3 248.6107.05.23.44.851.6 2005/06 71.4

267.4 255.5109.08.21.54.954.7 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

347.3 340.0173.80.919.25.662.4 2013/14 147.9

349.0 345.6174.80.827.65.563.3 2014/15 178.1

362.0 351.0177.40.821.05.664.3 2015/16 209.4

356.2 362.8184.60.816.75.663.1 2016/17 218.7


Other Europe: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

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 4.81.00.51.93.81.0 2007/08 1.5

4.0 5.11.20.41.74.40.9 2008/09 1.7

3.8 4.91.00.51.73.91.0 2009/10 1.7

3.2 4.70.80.61.73.70.9 2010/11 1.3

3.6 4.91.00.51.94.20.9 2011/12 1.4

3.4 4.71.00.71.64.00.9 2012/13 1.1

4.1 4.81.11.31.94.50.9 2013/14 0.9

3.9 4.91.10.71.84.01.0 2014/15 1.1

4.0 4.91.21.01.84.50.9 2015/16 1.1

4.6 5.11.41.41.84.71.0 2016/17 1.0

Coarse Grains

10.1 9.78.51.30.64.82.1 2005/06 1.3

9.8 9.68.50.90.84.92.0 2006/07 1.3

6.9 7.96.80.10.93.42.0 2007/08 1.1

9.7 8.77.61.50.64.62.1 2008/09 1.1

9.7 8.77.51.40.74.92.0 2009/10 1.4

10.0 8.77.32.00.75.02.0 2010/11 1.4

9.5 8.47.02.30.84.62.0 2011/12 1.0

6.6 7.15.90.60.73.22.1 2012/13 0.6

8.9 7.86.41.90.94.52.0 2013/14 0.8

10.7 8.16.83.10.85.81.9 2014/15 1.1

9.0 8.47.01.60.84.91.8 2015/16 0.9

10.0 8.36.92.30.95.41.9 2016/17 1.2


13.9 14.89.41.42.04.53.1 2005/06 2.4

13.3 14.29.21.22.34.53.0 2006/07 2.5

10.6 12.67.80.62.73.53.0 2007/08 2.6

13.7 13.88.81.92.34.63.0 2008/09 2.8

13.5 13.78.51.92.44.53.0 2009/10 3.2

13.2 13.48.12.62.44.62.9 2010/11 2.7

13.1 13.38.12.82.74.52.9 2011/12 2.5

10.0 11.87.01.32.43.42.9 2012/13 1.7

13.0 12.67.53.12.74.52.9 2013/14 1.7

14.7 13.07.93.72.55.22.8 2014/15 2.2

13.0 13.28.22.52.64.82.7 2015/16 2.0

14.6 13.48.33.62.75.12.8 2016/17 2.2


Former Soviet Union: Grain Supply and Demand


Area

Harvested

Yield Productio

n


Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

81.0 75.624.413.95.51.845.8 2010/11 23.1

115.0 80.028.439.78.02.349.7 2011/12 26.4

77.8 71.721.625.57.21.844.0 2012/13 14.3

103.9 72.822.737.37.52.247.7 2013/14 15.6

112.7 75.424.740.27.72.446.7 2014/15 20.5

118.2 78.226.951.57.42.449.1 2015/16 16.4

131.4 79.928.353.67.52.650.1 2016/17 21.8

Coarse Grains

47.5 41.828.48.81.12.221.9 2010/11 5.5

78.6 54.438.624.71.02.927.0 2011/12 6.1

68.2 50.235.619.90.72.527.5 2012/13 5.0

87.8 55.740.030.80.83.029.4 2013/14 7.0

91.6 58.142.133.90.83.030.2 2014/15 7.4

82.1 54.639.531.20.52.927.9 2015/16 4.2

91.4 56.841.333.70.73.328.0 2016/17 5.8


Millions of Tons/Hectares

Former Soviet Union: Grain Supply and Demand (Wheat)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

13.9 6.82.08.10.01.113.0 2013/14 2.0

13.0 6.82.05.50.61.111.9 2014/15 3.2

13.7 6.92.17.60.11.211.6 2015/16 2.6

16.5 7.02.28.50.11.412.0 2016/17 3.6

Russia

52.1 34.112.518.60.92.223.4 2013/14 5.2

59.1 35.513.022.80.32.523.6 2014/15 6.3

61.0 37.014.025.50.82.425.6 2015/16 5.6

72.0 39.016.029.00.52.726.9 2016/17 10.1

Ukraine

22.3 11.53.49.80.13.46.6 2013/14 3.7

24.8 11.54.011.30.03.96.3 2014/15 5.7

27.3 12.35.217.40.03.87.1 2015/16 3.2

27.0 11.84.715.50.04.26.5 2016/17 3.0

Uzbekistan

6.8 8.41.90.32.24.91.4 2013/14 1.9

7.2 8.92.20.22.25.11.4 2014/15 2.2

7.2 9.42.30.22.75.11.4 2015/16 2.5

7.2 9.72.40.22.75.11.4 2016/17 2.5

Other Former Soviet Union - 12

8.8 12.02.90.54.32.63.4 2013/14 2.9

8.8 12.73.50.44.52.63.4 2014/15 3.1

9.0 12.73.40.73.82.63.4 2015/16 2.5

8.7 12.43.00.44.22.63.3 2016/17 2.6

Total Former Soviet Union - 12

103.9 72.822.737.37.52.247.7 2013/14 15.6

112.7 75.424.740.27.72.446.7 2014/15 20.5

118.2 78.226.951.57.42.449.1 2015/16 16.4

131.4 79.928.353.67.52.650.1 2016/17 21.8



Former Soviet Union: Grain Supply and Demand (Barley)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n



Kazakhstan

2.5 2.01.70.40.01.41.8 2013/14 0.3

2.4 2.01.70.50.01.31.9 2014/15 0.2

2.7 2.01.70.80.01.32.0 2015/16 0.1

2.7 2.01.70.70.01.51.9 2016/17 0.1

Russia

15.4 12.78.32.70.21.98.0 2013/14 0.9

20.0 14.19.25.30.02.38.8 2014/15 1.5

17.1 13.68.94.20.12.18.0 2015/16 0.8

18.0 13.99.14.00.12.38.0 2016/17 1.0

Ukraine

7.6 5.03.52.50.02.33.2 2013/14 1.0

9.5 4.73.24.50.03.03.2 2014/15 1.3

8.8 4.73.24.40.02.93.0 2015/16 0.9

9.8 4.93.45.00.03.23.1 2016/17 0.8

Uzbekistan

0.2 0.30.20.00.03.20.1 2013/14 0.0

0.2 0.30.20.00.13.20.1 2014/15 0.0

0.2 0.30.20.00.03.20.1 2015/16 0.0

0.2 0.30.30.00.13.20.1 2016/17 0.0


3.4 3.52.70.00.12.61.3 2013/14 0.4

3.4 3.62.80.10.22.71.3 2014/15 0.3

3.5 3.52.70.10.02.81.2 2015/16 0.2

3.8 3.82.90.10.12.71.4 2016/17 0.2


29.2 23.516.45.60.32.014.5 2013/14 2.6

35.6 24.717.110.30.32.315.3 2014/15 3.4

32.2 24.116.79.60.12.214.4 2015/16 2.1

34.5 24.917.49.80.22.414.4 2016/17 2.2



Former Soviet Union: Grain Supply and Demand (Corn)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n



Kazakhstan

0.6 0.60.50.00.05.30.1 2013/14 0.0

0.7 0.60.50.00.05.30.1 2014/15 0.1

0.7 0.70.60.00.05.30.1 2015/16 0.2

0.7 0.70.60.10.05.40.1 2016/17 0.1

Russia

11.6 7.56.64.20.15.02.3 2013/14 0.3

11.3 8.17.23.20.04.42.6 2014/15 0.3

13.2 8.77.84.70.04.92.7 2015/16 0.2

15.5 9.68.75.30.15.52.8 2016/17 0.8

Ukraine

30.9 9.78.320.00.16.44.8 2013/14 2.4

28.5 9.48.019.70.06.24.6 2014/15 1.8

23.3 8.06.716.60.05.74.1 2015/16 0.6

27.0 8.36.918.00.16.44.3 2016/17 1.3

Uzbekistan

0.1 0.10.10.00.03.40.0 2013/14 0.0

0.1 0.20.10.00.03.40.0 2014/15 0.0

0.1 0.20.10.00.03.40.0 2015/16 0.0

0.1 0.10.10.00.03.40.0 2016/17 0.0


3.7 3.22.90.60.33.81.0 2013/14 0.6

3.2 3.22.90.30.43.70.9 2014/15 0.8

2.5 2.92.60.10.32.90.8 2015/16 0.5

3.2 3.12.80.30.33.70.9 2016/17 0.6


46.9 21.118.424.80.45.78.3 2013/14 3.4

43.8 21.518.823.20.55.38.3 2014/15 3.0

39.8 20.417.821.40.45.17.8 2015/16 1.4

46.6 21.919.123.70.45.88.1 2016/17 2.8


Million Metric Tons/Hectares

Wheat Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Wheat Competitors

Argentina

9.3 6.20.33.60.02.63.6 2012/13 0.3

10.5 6.10.12.30.03.03.5 2013/14 2.5

13.9 6.40.35.30.02.85.0 2014/15 4.8

11.3 5.90.29.40.02.93.9 2015/16 0.8

14.4 6.30.18.00.03.04.8 2016/17 0.9

Australia

22.9 6.73.418.60.11.813.0 2012/13 4.7

25.3 7.03.618.60.22.012.6 2013/14 4.6

23.9 7.23.816.60.21.912.4 2014/15 4.8

24.5 7.23.816.10.21.912.8 2015/16 6.1

33.0 8.04.524.00.22.513.0 2016/17 7.3

Canada

27.2 9.64.319.00.52.99.5 2012/13 5.1

37.5 9.44.223.30.43.610.4 2013/14 10.4

29.4 9.13.824.20.53.19.5 2014/15 7.1

27.6 7.82.622.10.52.99.6 2015/16 5.2

31.7 9.94.721.50.53.68.9 2016/17 6.0

European Union

133.9 119.351.022.85.35.226.0 2012/13 10.7

144.6 117.349.032.04.05.625.9 2013/14 9.9

156.9 124.755.035.46.05.926.7 2014/15 12.7

160.0 131.061.034.76.96.026.8 2015/16 14.0

144.0 129.258.525.06.55.327.0 2016/17 10.3

Kazakhstan

9.8 6.82.06.30.00.812.4 2012/13 2.9

13.9 6.82.08.10.01.113.0 2013/14 2.0

13.0 6.82.05.50.61.111.9 2014/15 3.2

13.7 6.92.17.60.11.211.6 2015/16 2.6

16.5 7.02.28.50.11.412.0 2016/17 3.6

Russia

37.7 33.611.911.31.21.821.3 2012/13 4.9

52.1 34.112.518.60.92.223.4 2013/14 5.2

59.1 35.513.022.80.32.523.6 2014/15 6.3

61.0 37.014.025.50.82.425.6 2015/16 5.6

72.0 39.016.029.00.52.726.9 2016/17 10.1



Wheat Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Ukraine

15.8 11.43.17.20.02.85.6 2012/13 2.6

22.3 11.53.49.80.13.46.6 2013/14 3.7

24.8 11.54.011.30.03.96.3 2014/15 5.7

27.3 12.35.217.40.03.87.1 2015/16 3.2

27.0 11.84.715.50.04.26.5 2016/17 3.0

Total Wheat Competitors

256.6 193.576.088.77.12.891.4 2012/13 31.2

306.2 192.174.8112.65.53.295.4 2013/14 38.2

321.0 201.181.9121.17.63.495.4 2014/15 44.6

325.5 208.188.9132.98.53.397.4 2015/16 37.5

338.6 211.290.7131.57.73.499.1 2016/17 41.2



Corn Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Argentina

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

26.0 8.85.817.10.07.63.4 2013/14 1.4

28.7 9.36.019.00.08.23.5 2014/15 1.8

29.0 9.36.020.50.08.33.5 2015/16 1.1

36.5 10.56.825.00.08.14.5 2016/17 2.1

Brazil

51.0 45.538.57.11.13.614.1 2008/09 10.1

56.1 48.541.511.60.44.312.9 2009/10 6.5

57.4 50.043.08.40.84.213.8 2010/11 6.3

73.0 51.544.024.30.84.815.2 2011/12 4.2

81.5 52.544.524.90.95.215.8 2012/13 9.2

80.0 55.046.021.00.85.115.8 2013/14 14.0

85.0 57.048.034.50.35.415.8 2014/15 7.8

67.0 55.346.816.52.34.216.0 2015/16 5.3

86.5 58.049.028.00.65.216.7 2016/17 6.4

China

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

218.5 208.0150.00.03.36.036.3 2013/14 81.3

215.6 202.0140.00.05.55.837.1 2014/15 100.5

224.6 217.5153.50.03.25.938.1 2015/16 110.8

219.6 227.0159.00.03.06.036.8 2016/17 106.3

South Africa

12.6 10.34.71.70.04.32.9 2008/09 2.0

13.4 10.64.92.10.04.13.3 2009/10 2.8

10.9 10.75.02.40.43.82.9 2010/11 1.0

12.8 10.75.01.80.04.13.1 2011/12 1.3

12.4 11.05.12.10.13.83.2 2012/13 0.7

14.9 11.55.52.00.14.93.1 2013/14 2.2



Corn Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


10.6 11.76.20.72.03.53.0 2014/15 2.4

7.9 11.25.70.83.03.62.2 2015/16 1.3

13.0 11.35.61.50.54.23.1 2016/17 2.0

Total Corn Competitors

245.0 215.2155.719.31.25.049.4 2008/09 64.2

258.5 231.0169.430.31.75.150.4 2009/10 63.1

270.8 248.0181.327.32.25.152.9 2010/11 60.8

299.5 257.2184.843.46.05.455.5 2011/12 65.7

326.5 271.4198.945.83.75.658.1 2012/13 78.7

339.4 283.3207.340.04.15.858.6 2013/14 98.9

340.0 280.0200.254.17.85.759.4 2014/15 112.6

328.5 293.3212.037.88.55.559.8 2015/16 118.5

355.6 306.8220.454.54.15.861.1 2016/17 116.9



Barley Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Australia

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

9.2 2.81.56.20.02.43.8 2013/14 0.7

8.6 3.01.75.20.02.14.1 2014/15 1.1

8.6 3.32.05.40.02.14.1 2015/16 1.0

10.6 3.11.87.00.02.74.0 2016/17 1.5

Canada

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

10.2 7.76.51.60.03.92.7 2013/14 2.0

7.1 6.55.31.50.13.32.1 2014/15 1.2

8.2 7.05.81.20.23.52.4 2015/16 1.4

8.8 7.26.01.50.14.02.2 2016/17 1.7

European Union

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 51.035.55.00.14.412.5 2012/13 5.0

59.7 53.438.05.70.04.812.4 2013/14 5.6

60.7 50.935.59.50.14.912.4 2014/15 5.9

61.5 51.736.310.80.35.012.2 2015/16 5.2

59.7 54.138.76.20.44.812.5 2016/17 5.0



Sorghum Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n


Argentina

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 0.9

4.2 1.91.73.10.04.21.0 2011/12 0.2

4.7 2.32.01.80.04.51.1 2012/13 0.8

4.4 2.72.31.30.04.41.0 2013/14 1.2

3.5 2.82.40.90.04.50.8 2014/15 1.0

3.4 2.82.40.70.04.50.8 2015/16 0.8

3.6 3.02.60.90.04.50.8 2016/17 0.6

Australia

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

1.3 0.90.90.40.02.40.5 2013/14 0.2

2.2 0.50.51.60.03.00.7 2014/15 0.2

2.0 1.11.11.00.03.00.7 2015/16 0.2

1.5 1.11.10.40.03.00.5 2016/17 0.2


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

Thousand Metric Tons/Hectares

Area

Harvested

Yield Rough

Production

Production Imports TY Imports Exports TY Exports Feed Dom.

Consumption

Domestic

Consumption

Ending

Stocks

Wheat

20,47731,3343,09422,99923,5183,9644,11755,147nr318,771 2014/15

26,55432,0194,13421,85621,0943,0563,07356,117nr319,149 2015/16

31,11735,1637,07626,00026,5353,4003,40262,859nr417,762 2016/17

Corn

43,974301,792134,10846,83147,421809804361,091nr1133,644 2014/15

44,141298,831130,30251,19848,2021,7791,714345,486nr1132,678 2015/16

61,048314,593143,51756,50056,5181,2501,270386,748nr1135,141 2016/17

Sorghum

4682,4592,0789,2698,935271010,988nr42,590 2014/15

9316,2122,6127,8958,6009811715,158nr53,177 2015/16

8845,4622,2866,3006,350252511,740nr52,446 2016/17

Barley

1,7114,2359362913114305133,953nr41,011 2014/15

2,2234,4061,0851612353504034,750nr41,278 2015/16

2,1424,6381,3062001744003924,339nr41,035 2016/17

Oats

7802,4471,33029271,7671,8761,019nr2419 2014/15

8252,7011,58235291,5381,4751,300nr3516 2015/16

6762,6111,47930291,5001,551940nr2397 2016/17

Rye

1540616436262237183nr2104 2014/15

1251527065217222295nr2148 2015/16

2455430656200230342nr2168 2016/17

Rice, Milled

1,5524,301nr3,3553,0617587837,10610,07981,187 2014/15

1,4753,529nr3,4503,4217657666,1078,72481,042 2015/16

1,8974,222nr3,5503,5567757467,45410,64981,268 2016/17

Notes: Wheat Trade Year (TY) statistics are on July/June years. Barley, corn, sorghum, rye and oats Trade Year (TY)

statistics are on Oct/Sept years. Rice Trade Year (TY) statistics are for the subsequent calendar year; 'Imports' and

'Exports' columns contain data on the local marketing year: wheat, barley, oats and rye are June/May; corn and

sorghum are Sept/Aug; rice is Aug/July.


Total Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks


1,285.9 422.81,329.8656.6202.22.4544.3 1987/88

1,218.1 339.11,301.9619.5203.32.2541.9 1988/89

1,327.4 320.31,346.2644.5208.92.4548.2 1989/90

1,417.5 368.31,369.6669.8190.12.6545.6 1990/91

1,355.6 357.91,365.9653.5207.52.5543.3 1991/92

1,431.7 398.51,388.2664.1205.22.6545.9 1992/93

1,356.5 366.01,389.1657.1188.22.5536.0 1993/94

1,393.0 363.21,395.7670.5200.12.6534.1 1994/95

1,338.9 320.31,381.8641.8187.52.5527.3 1995/96

1,490.1 368.71,441.6674.6198.32.7545.7 1996/97

1,490.6 416.11,443.2685.6190.42.8535.2 1997/98

1,481.3 449.01,448.3685.3198.72.8520.2 1998/99

1,465.6 444.21,469.9690.4214.02.9506.2 1999/00

1,446.3 418.21,472.2700.3204.92.8509.2 2000/01

1,480.2 402.71,495.7713.6208.32.9511.5 2001/02

1,445.0 341.31,506.4711.6209.22.9504.2 2002/03

1,473.6 278.91,536.0718.1205.82.9511.2 2003/04

1,643.2 335.61,586.6756.3214.43.2514.8 2004/05

1,600.2 318.41,617.3758.1222.53.1517.5 2005/06

1,584.7 272.81,630.4749.5229.93.1519.1 2006/07

1,691.9 289.21,675.4764.1244.73.2534.4 2007/08

1,792.2 359.61,721.9773.7253.63.3539.4 2008/09

1,804.2 396.01,767.8782.3254.13.4533.6 2009/10

1,747.7 359.71,784.0773.5250.13.3523.4 2010/11

1,853.8 360.21,853.3807.8287.13.4537.8 2011/12

1,795.1 341.51,813.8807.2279.73.4532.4 2012/13

1,994.6 405.71,930.4860.1327.83.7540.5 2013/14

2,034.4 462.61,977.5883.4335.73.7546.9 2014/15

1,985.1 485.41,962.3901.3357.23.6545.8 2015/16

2,080.6 507.12,059.0940.7354.53.8543.8 2016/17

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.


World Wheat and Coarse Grains: Supply and Demand


Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

523.1 164.7541.7103.0101.52.5213.4 1994/95

537.5 156.6545.696.999.22.5216.7 1995/96

581.3 165.3572.6101.4104.02.6227.1 1996/97

610.2 199.0576.5106.2104.52.7226.4 1997/98

590.5 210.5579.0109.4102.02.7219.2 1998/99

587.5 210.3587.6104.6111.92.8212.7 1999/00

582.8 206.0587.1111.2102.12.7215.4 2000/01

583.9 203.3586.6112.0107.92.7214.3 2001/02

569.7 169.0603.9116.1106.52.7213.4 2002/03

555.7 135.8588.9101.7103.52.7208.0 2003/04

626.8 156.2606.3110.7113.22.9215.8 2004/05

618.8 153.3621.8117.7114.12.8217.5 2005/06

596.7 133.4616.5113.1115.32.8212.3 2006/07

611.9 128.1617.3104.6116.02.8216.9 2007/08

684.0 169.1642.9124.0143.23.1224.1 2008/09

687.2 203.3653.1122.3135.33.0225.6 2009/10

649.5 198.7654.0116.8134.13.0216.9 2010/11

697.3 198.3697.8148.7153.73.2221.0 2011/12

658.6 177.6679.3138.2147.33.1215.8 2012/13

715.1 194.7698.0126.6162.53.3219.6 2013/14

728.3 217.2705.7131.8161.83.3221.7 2014/15

735.5 240.6712.1138.4172.23.3225.0 2015/16

751.3 252.1739.8148.1175.43.4221.4 2016/17

Coarse Grains

869.8 198.5854.0567.698.62.7320.8 1994/95

801.4 163.7836.2544.988.32.6310.5 1995/96

908.7 203.5869.0573.294.32.9318.6 1996/97

880.4 217.2866.7579.485.82.9308.8 1997/98

890.8 238.6869.4575.996.73.0301.0 1998/99

878.1 233.9882.3585.8102.13.0293.5 1999/00

863.5 212.2885.1589.2102.82.9293.9 2000/01

896.3 199.5909.1601.6100.43.0297.3 2001/02

875.3 172.3902.5595.5102.73.0290.8 2002/03

917.9 143.1947.1616.4102.33.0303.3 2003/04

1,016.4 179.4980.2645.6101.23.4299.1 2004/05

981.3 165.1995.6640.4108.43.3300.0 2005/06

988.1 139.31,013.9636.4114.53.2306.8 2006/07

1,080.0 161.21,058.1659.5128.73.4317.6 2007/08

1,108.2 190.51,078.9649.7110.43.5315.3 2008/09

1,117.0 192.71,114.8660.0118.83.6308.0 2009/10

1,098.2 161.01,130.0656.7116.03.6306.6 2010/11

1,156.5 161.91,155.5659.1133.43.7316.8 2011/12

1,136.5 163.91,134.5668.9132.43.6316.6 2012/13

1,279.6 211.01,232.4733.5165.34.0320.9 2013/14

1,306.1 245.41,271.8751.6173.94.0325.3 2014/15

1,249.6 244.81,250.2762.9185.03.9320.8 2015/16

1,329.4 254.91,319.2792.6179.14.1322.4 2016/17

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.


World Corn and Barley: Supply and Demand


Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Corn

559.6 153.3535.7371.671.94.1135.2 1994/95

516.7 133.3536.8365.364.83.8135.1 1995/96

592.9 166.3559.9387.866.64.2141.5 1996/97

574.1 167.2573.3400.663.14.2136.3 1997/98

605.8 191.4581.6404.468.74.4139.0 1998/99

608.1 194.4605.1422.572.04.4138.8 1999/00

591.7 175.2610.8427.375.94.3137.1 2000/01

601.8 151.5625.5436.372.74.4137.1 2001/02

603.9 126.9628.5433.476.84.4137.7 2002/03

627.7 104.6649.9445.779.04.4141.6 2003/04

717.1 131.1690.7476.076.04.9145.4 2004/05

701.0 123.6708.5479.582.54.8145.4 2005/06

716.5 108.9731.2480.291.34.8150.5 2006/07

795.5 127.9776.6501.398.25.0160.3 2007/08

800.1 143.5784.4481.983.65.0158.7 2008/09

825.2 140.9827.8492.792.75.2158.4 2009/10

835.8 123.4853.2503.591.75.1164.6 2010/11

889.7 128.1885.1508.5103.75.2172.1 2011/12

869.6 133.1864.6518.4100.74.9177.5 2012/13

990.4 174.8948.8570.6130.85.5180.3 2013/14

1,014.0 208.3980.5584.3128.45.6179.7 2014/15

961.1 208.9960.4597.3144.85.4177.8 2015/16

1,039.7 222.21,026.4626.9141.75.7181.2 2016/17

Barley

160.7 30.0165.6120.915.32.272.2 1994/95

141.2 20.5150.7107.813.42.166.4 1995/96

153.2 24.1149.5106.317.92.464.3 1996/97

153.9 32.2145.8104.112.82.463.8 1997/98

136.0 29.0139.399.517.82.456.7 1998/99

127.4 23.9132.594.017.82.452.1 1999/00

133.0 22.6134.394.616.32.553.1 2000/01

143.5 29.2136.995.517.22.655.7 2001/02

134.3 27.6135.994.716.32.554.7 2002/03

142.9 23.5147.0103.314.82.458.4 2003/04

152.4 33.1142.7100.217.02.757.4 2004/05

136.2 28.3141.197.417.42.555.2 2005/06

136.8 21.4143.698.414.62.456.3 2006/07

132.7 20.5133.691.018.52.455.7 2007/08

155.0 31.6143.9100.418.22.855.0 2008/09

150.9 37.2145.3101.517.32.854.2 2009/10

123.0 24.1136.191.315.22.647.1 2010/11

133.5 22.6135.091.721.42.749.2 2011/12

129.1 20.4131.388.822.22.650.2 2012/13

144.3 23.9140.997.323.82.850.7 2013/14

141.8 24.1141.697.430.12.949.6 2014/15

148.7 25.1147.6100.227.53.050.1 2015/16

144.7 23.2146.6100.827.03.048.7 2016/17

Notes: Coarse grains trade data are on July/June years through 1975/76. From 1976/77 to the present,

coarse grains data are on an Oct/Sept trade year.


World Rice: Supply and Demand


Area

Harvested

Yield Rough

Productio

Productio

n

TY

Exports

Domestic

Consumpti

Ending

Stocks

Rice, Milled

464.8 105.3313.211.4315.13.3141.4 1987/88

490.8 111.6325.714.0332.13.3146.6 1988/89

510.3 120.6336.311.7345.33.5147.8 1989/90

519.4 126.6345.312.3351.43.5147.0 1990/91

522.9 126.7353.214.4353.33.5147.6 1991/92

524.0 123.1357.414.9353.93.6146.4 1992/93

526.1 118.9358.916.6354.73.6145.3 1993/94

539.9 117.6365.520.8364.13.7147.3 1994/95

547.3 118.1368.319.7368.83.7148.4 1995/96

563.8 120.3378.218.9380.43.8150.2 1996/97

575.3 127.7380.027.6387.43.8151.7 1997/98

587.0 134.0388.624.8394.93.8153.3 1998/99

608.8 143.1400.222.8409.33.9155.9 1999/00

594.1 146.7395.624.3399.23.9152.8 2000/01

594.3 132.9413.227.9399.53.9151.6 2001/02

563.0 103.0408.127.6378.23.8147.7 2002/03

585.4 81.7413.827.3392.53.9149.5 2003/04

596.4 74.0408.528.9400.83.9151.4 2004/05

622.3 76.5415.429.0417.94.0154.2 2005/06

625.0 75.4421.231.8420.14.1154.3 2006/07

643.6 80.9428.129.5433.64.2155.0 2007/08

669.5 92.9437.929.4449.94.2158.5 2008/09

656.2 95.1438.531.8440.74.2155.8 2009/10

672.1 100.1445.436.5450.44.2158.2 2010/11

697.2 106.8460.940.0467.64.3160.4 2011/12

704.6 113.9465.439.5472.54.4158.8 2012/13

713.3 113.9478.344.1478.34.4161.6 2013/14

713.5 114.5477.942.7478.64.4160.9 2014/15

704.0 116.5470.339.6472.34.4159.2 2015/16

717.9 120.2477.840.6481.54.4162.1 2016/17

Notes: Stocks, exports and consumption are expressed on a milled basis in marketing years.


55

ENDNOTES TO GRAIN: WORLD MARKETS AND TRADE REGIONAL TABLES North America: Canada, Mexico, the United States. Central America: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama. Caribbean: Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominica, Dominican Republic, French West Indies, Grenada, Guadeloupe, Haiti, Jamaica and Dep, Leeward-Windward Islands, Martinique, Montserrat, Netherlands Antilles, Puerto Rico, Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Trinidad and Tobago, Turks and Caicos Islands, Virgin Islands of the U.S. South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Falkland Islands (Islas Malvinas), French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela. EU: Austria, Belgium/Luxembourg, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom. Other Europe: Albania, Azores, Bosnia and Herzegovina, Former Yugoslavia, Gibraltar, Iceland, Macedonia, Montenegro, Norway, Serbia, Switzerland. Former Soviet Union: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan. Middle East: Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, Yemen. North Africa: Algeria, Egypt, Libya, Morocco, Tunisia. Sub-Saharan Africa: all African countries except North Africa. East Asia: China, Hong Kong, Japan, South Korea, North Korea, Macau, Mongolia, Taiwan. South Asia: Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Sri Lanka, Maldives. Southeast Asia: Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam. Oceania: Australia, Fiji, New Zealand, Papua New Guinea.


56

OTHER NOTES Local Marketing Years (LMY): LMY refers to the 12-month period at the onset of the main harvest, when the crop is marketed (i.e., consumed, traded, or stored). The year first listed begins a country's LMY for that commodity (2015/16 starts in 2015); except for summer grains in certain Southern Hemisphere countries and for rice in selected countries, where the second year begins the LMY (2015/16 starts in 2016). Key exporter LMY’s are:

Wheat Corn Barley Sorghum Argentina (Dec/Nov) Argentina (Mar/Feb) Australia (Nov/Oct) Argentina (Mar/Feb) Australia (Oct/Sep) Brazil (Mar/Feb) Canada (Aug/Jul) Australia (Mar/Feb) Canada (Aug/Jul) China (Oct/Sep) European Union (Jul/Jun) United States (Sep/Aug) China (Jul/Jun) South Africa (May/Apr) Russia (Jul/Jun) European Union (Jul/Jun) United States (Sep/Aug) Ukraine (Jul/Jun) India (Apr/Mar) United States (Jun/May) Kazakhstan (Jul/Jun) Russia(Jul/Jun) Turkey (Jun/May) Ukraine (Jul/Jun) United States (Jun/May)

For a complete list of local marketing years, please see the FAS website (http://www.fas.usda.gov/psdonline/psdAvailability.aspx). Stocks: Unless otherwise stated, stock data are based on an aggregate of differing local marketing years and should not be construed as representing world stock levels at a fixed point in time. Consumption: World totals for consumption reflect total utilization, including food, seed, industrial, feed, and waste; as well as differences in local marketing year imports and local marketing year exports. Consumption statistics for regions and individual countries, however, reflect food, seed, industrial, feed, and waste only. Trade: All PSD tables are balanced on the different local marketing years. All trade tables contain Trade Year (TY) data which puts all countries on a uniform, 12-month period for analytical comparisons: wheat is July/June; coarse grains, corn, barley, sorghum, oats, and rye are Oct/Sept; and rice is calendar year. EU Consolidation: The trade figures starting from 1999/00 represent the European Union (Croatia plus the former EU-27) and exclude all intra-trade. For the years 1960/61 through 1998/99, figures are the EU-15 and also exclude all intra-trade. EU-15 member states' data for grains are no longer maintained in the official USDA database. Data for the individual NMS-10, plus Bulgaria, Romania, and Croatia, exists only prior to 1999/00. Statistics: (1) Wheat trade statistics include wheat, flour, and selected pasta products on a grain equivalent basis. (2) Rice trade statistics include rough, brown, milled, and broken on a milled equivalent basis. (3) Coarse grains statistics include corn, barley, sorghum, oats, rye, millet, and mixed grains but exclude trade in barley malt, millet, and mixed grains.


http://www.fas.usda.gov/psdonline/psdAvailability.aspx

57

Unaccounted: This term includes grain in transit, reporting discrepancies in some countries, and trade to countries outside the USDA database. The Global Commodity Analysis Division, Office of Global Analysis, Foreign Agricultural Service, USDA, Washington, DC 20250, prepared this circular. Information is gathered from official statistics of foreign governments and other foreign source materials, reports of U.S. agricultural attachés and Foreign Service officers, office research, and related information. Further information may be obtained by writing the Division or telephoning (202) 720-3448. Note: The previous report in this series was Grain: World Markets and Trade November 2016. For further details on world grain production, please see World Agricultural Production December 2016. This circular is available in its entirety on the Internet via the Foreign Agricultural Service Home Page. The address is: http://www.fas.usda.gov Questions may be directed to the following staff: Andrew Sowell (202) 720-0262 [email protected] Wheat Shelbi Knisley (202) 690-2361 [email protected] Wheat Rachel Trego (202) 720-1073 [email protected] Rice Rhiannon Elms (202) 649-3872 [email protected] Rice Yoonhee Macke (202) 690-4199 [email protected] Coarse Grains Graham Soley (202) 772-4235 [email protected] Coarse Grains


http://www.fas.usda.gov/

mailto:[email protected]






Date post:	17-Jul-2020
Category:	Documents
Upload:	others
View:	0 times
Download:	0 times

Grain: World Markets and Trade - Cornell University...2016/12/09 · All Grain Summary Comparison...

Documents