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High Wheat Prices Despite Abundant Exporter Stocks

United StatesDepartment ofAgriculture

ForeignAgriculturalService

Circular SeriesFG 03-11Mar 2011

Grain: World Markets and Trade

Approved by the World Agricultural Outlook Board - USDA

There is normally a strong inverse relationship between international wheat prices and stocks held by majorexporting countries because they are mostly available for export to the world market. Global wheat prices,as reflected by Hard Red Winter (HRW), have nearly doubled over the last year. The surge was initiallyfuelled by smaller crops and export restrictions in some major exporting countries, then concerns overavailable supplies of milling quality wheat. Prices are reflecting other factors, including a tight U.S. cornmarket, poor winter wheat crop conditions in the United States, and political unrest in North Africa and theMiddle East.

Exporter stocks remain relatively high and are boosted almost 4 million tons this month. In fact, they areestimated to be 55 percent higher than during the price crisis of 2007/08. Stocks are up this month on moresupplies from key Southern Hemisphere countries, namely, Argentina and Australia, and less importdemand, particularly from Russia. U.S. stocks are raised on lower foreign demand as a result of greatercompetition from Australia.

Weekly HRW fob Gulf PricesMMT

01020304050607080

Traditional Exporters: Argentina, Australia, Canada, EU, and United StatesBlack Sea: Russia, Ukraine, Kazakhstan

125

175

225

275

325

375

425

475

525$/ton

Wheat Ending Stocks for Exporter Countries

Data through March 4, 2011

Grain: World Markets and Trade, March 2011

2

TABLE OF CONTENTS

World Markets and Trade: Commentary and Current Data Wheat ................................................................................................................. 4 Rice .................................................................................................................... 9 Coarse Grains ................................................................................................... 14 Historical Data Series for Selected Regions and Countries ............................ 34 Endnotes to Grain: World Markets and Trade ............................................... 53 The Foreign Agricultural Service (FAS) updates its production, supply and distribution database for cotton, oilseeds, and grains at 9 a.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. It is available on the FAS website (http://www.fas.usda.gov/psdonline/). This circular is released at 10:00 a.m. on the same day, together with its downloadable data set.

March 2011

http://www.fas.usda.gov/psdonline/�

All Grain Summary Comparison

Marketing Year

Wheat Rice, Milled Corn

2010/112009/102008/092010/112009/102008/092010/112009/102008/09

Production

United States (Jun-May) 68.0 60.4 60.1 6.4 6.9 7.5 307.1 332.5 316.2

Other 616.1 622.2 587.5 441.7 434.0 444.0 491.3 479.8 497.6

World Total 684.2 682.6 647.6 448.1 440.9 451.5 798.4 812.4 813.8

Domestic Consumption


Other 600.7 619.2 629.6 431.3 431.5 442.5 520.7 527.1 542.6

World Total 635.0 650.2 661.6 435.2 435.3 446.5 780.0 808.6 836.0

Ending Stocks


Other 149.4 170.8 159.0 90.5 93.1 97.2 105.3 101.2 106.0

World Total 167.2 197.3 181.9 91.5 94.3 98.8 147.8 144.5 123.1

TY Imports


Other 136.9 128.3 118.3 26.2 28.4 28.6 82.2 89.8 90.1

World Total 140.3 131.5 121.2 26.8 29.0 29.2 82.5 90.0 90.6

TY Exports


Other 116.1 110.1 89.3 26.3 27.3 26.7 36.2 43.3 42.1

World Total 143.2 134.2 124.3 29.3 31.1 30.2 84.0 93.2 92.1

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

and therefore differs from global totals shown elsewhere.

Marketing years for U.S. grains are: Wheat (Jun-May), Rice (Aug-Jul), Corn (Sep-Aug).

'Marketing Year' column is germane for U.S. wheat only.

March 2011

Grain: World Markets and Trade, March 2011 4

WHEAT: WORLD MARKETS AND TRADE OVERVIEW Higher reported yields boosted production this month in Southern Hemisphere countries (Argentina and Australia). Import demand has declined, raising prospects for global stocks. U.S. exports are lowered due to greater competition from Australia.

175

225

275

325

375

425

475

525

$/M

T

U.S. Weekly FOB Export Bids

HRS SRW SWW HRW

PRICES: Domestic prices: Prices of all wheat classes began the month strong but ended lower on market uncertainty in the Middle East and greater competition from Southern Hemisphere countries. Hard Red Spring (HRS) and Hard Red Winter are down $9 and $5 to $504/ton and $360/ton, respectively. Soft Red Winter (SRW) dropped $17 to $332/ton, and Soft White Wheat (SWW) fell $6 to $327/ton.

March 2011

Grain: World Markets and Trade, March 2011 5

TRADE CHANGES IN 2010/11 Selected Exporters

• Australia is raised 1.0 million tons to 15.0 million on higher-than-expected supplies of milling quality wheat.

• EU-27 is reduced 500,000 tons to 21.0 million due to tight supplies of feed grains and a stronger euro.

• Paraguay and Uruguay are each raised 400,000 tons to 1.3 million and 1.2 million, respectively, on a strong export pace.

• Ukraine is lowered 1.5 million tons to 4.0 million on the very sluggish pace of exports.

• United States is reduced 1.0 million tons to 35.0 million due to the slower-than-expected

shipments and increased exportable supplies from the Southern Hemisphere.

Selected Importers

• Brazil is raised 500,000 tons to 6.7 million on a strong import pace.

• Russia is lowered 1.5 million tons to 500,000 on negligible imports to date.

• Saudi Arabia is reduced 300,000 tons to 1.7 million on larger production and the slow import pace.

March 2011

World Wheat, Flour, and Products Trade

July/June Year, Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

7,0007,0005,1728,62110,22812,231 Argentina

15,00014,00013,74413,4507,44911,241 Australia

17,50017,50018,97418,67416,56119,278 Canada

21,00021,50022,11725,31912,27213,813 EU-27

5,0005,0007,8715,7018,1818,089 Kazakhstan

1,2001,0003002,1002,200700 Pakistan

1,300900648784453155 Paraguay

4,0004,00018,55618,39312,22010,790 Russia

3,0003,0004,2742,3421,7632,200 Turkey

4,0005,5009,33713,0371,2363,366 Ukraine

10,3079,8579,0787,6399,6028,898 Others

89,30789,257110,071116,06082,16590,761 Subtotal

35,00036,00024,17527,10134,28224,873 United States

124,307125,257134,246143,161116,447115,634 World Total

none

TY Imports

2,3002,3002,5003,8002,3001,400 Afghanistan

5,3005,3005,1676,3505,9044,874 Algeria

3,0003,0003,3312,8821,5001,731 Bangladesh

6,7006,2006,6676,7627,0767,743 Brazil

9,8009,80010,3009,9007,7007,300 Egypt

4,5004,5005,4807,7376,9335,233 EU-27

5,3005,3005,3645,4195,2275,601 Indonesia

3,4003,4003,9073,8793,4292,892 Iraq

1,5001,5001,8622,0641,1871,494 Israel

5,2005,2005,5025,1565,7015,747 Japan

4,2004,0004,4703,3713,0923,439 Korea, South

1,6001,8002,0911,6891,574994 Libya

3,5003,3003,1963,3423,1363,607 Mexico

3,6003,6002,3043,7594,1921,802 Morocco

3,7004,0004,0793,5502,6333,265 Nigeria

1,6001,6001,7031,3851,4441,367 Peru

3,0002,8003,1853,2012,2662,754 Philippines

1,7002,0001,9101,40075100 Saudi Arabia

1,6001,6001,3581,4721,333885 South Africa

1,6001,6001,9021,7121,0601,323 Sudan

1,5001,3001,6001,1281,0721,189 Thailand

1,6001,8001,5341,7682,3721,430 Tunisia

2,5002,5003,1923,5782,1921,778 Turkey

1,8001,7001,9259251,1441,228 Vietnam

2,3002,3002,6022,9192,0002,440 Yemen

35,48036,88541,13947,73534,28038,223 Others

118,280119,285128,270136,883110,822109,839 Subtotal

3,0773,0222,7962,8792,6732,438 Unaccounted

2,9502,9503,1803,3992,9523,357 United States

124,307125,257134,246143,161116,447115,634 World Total

TY=Trade Year, see Endnotes.

March 2011

World Wheat Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

15,00014,00011,00011,00018,60016,300 Argentina

26,00025,00021,92321,42013,56910,822 Australia

5,9005,9005,0265,8803,8252,234 Brazil

23,16723,16726,84828,61120,05425,265 Canada

114,500114,500115,120112,464109,298108,466 China

8,5008,5008,5237,9778,2758,274 Egypt

136,078136,528138,051151,122120,133124,870 EU-27

80,80080,71080,68078,57075,81069,350 India

14,40014,40012,00010,00015,00014,500 Iran

9,7009,70017,05212,53816,46713,460 Kazakhstan

23,90023,90024,03320,95923,29521,277 Pakistan

41,50041,50061,70063,70049,40044,900 Russia

17,00017,00018,45016,80015,50017,500 Turkey

16,85016,85020,90025,90013,90014,000 Ukraine

6,5006,5006,2006,0006,2005,850 Uzbekistan

47,69947,15054,72243,19846,05549,830 Others

587,494585,305622,228616,139555,381546,898 Subtotal

60,10360,10360,36668,01655,82149,217 United States

647,597645,408682,594684,155611,202596,115 World Total

none

Total Consumption

8,7508,7508,5508,3008,0507,850 Algeria

8,9758,4756,7256,8506,5007,600 Australia

10,80010,80011,00010,70010,30010,300 Brazil

8,2008,2006,9558,0366,7878,986 Canada

108,800108,800107,000105,500106,000102,000 China

18,40018,40017,90017,20015,80015,300 Egypt

122,000122,000124,500127,000116,536125,500 EU-27

82,47582,43578,15070,92476,42373,477 India

16,20016,20016,10015,80015,50015,300 Iran

8,3008,3008,0007,4507,2257,200 Morocco

24,00024,00023,20022,80022,40021,700 Pakistan

46,00047,50042,00038,90037,65036,400 Russia

17,20017,20017,10016,90016,80016,650 Turkey

11,60011,60012,30011,90012,30011,700 Ukraine

7,4507,4507,3507,0506,8006,500 Uzbekistan

130,483130,558132,409125,374119,595120,889 Others

631,016633,226621,567607,411588,143585,169 Subtotal

32,00632,00630,93234,29328,61430,940 United States

663,022665,232652,499641,704616,757616,109 World Total

none

Ending Stocks

7,7317,2314,1063,5883,6513,953 Australia

5,6875,6877,8206,5474,4066,865 Canada

60,01460,01454,31445,69238,97038,458 China

5,6225,6225,7324,8184,2554,142 Egypt

13,46113,41115,88318,96912,42914,171 EU-27

14,61814,47516,19313,4305,8004,500 India

3,8693,86911,86910,5613,9513,981 Russia

47,95445,20254,85545,75742,99341,849 Others

158,956155,511170,772149,362116,455117,919 Subtotal

22,94322,26326,55217,8678,32312,414 United States

181,899177,774197,324167,229124,778130,333 World Total

March 2011

Regional Wheat Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

7,279 North America 6,475 7,128 6,779 6,650 6,850

1,582 Central America 1,460 1,489 1,464 1,450 1,450

13,855 South America 13,109 13,161 13,118 12,590 13,435

5,233 European Union 6,933 7,737 5,480 4,500 4,500

1,485 Other Europe 1,932 1,670 1,698 1,750 1,700

5,986 Former Soviet Union - 12 6,105 6,502 5,415 7,325 5,675

12,089 Middle East 11,997 28,465 22,489 16,625 16,150

16,400 North Africa 21,742 23,466 21,396 22,300 21,900

11,431 Sub-Saharan Africa 10,269 13,724 15,766 14,260 13,885

11,894 East Asia 11,277 11,322 13,744 12,450 12,850

10,949 South Asia 8,215 10,747 7,513 6,710 6,810

12,377 Southeast Asia 11,483 12,233 13,890 12,925 13,425

2,636 Others 2,777 2,638 2,698 2,700 2,600

113,196 Total 113,774 140,282 131,450 122,235 121,230

Production none

77,722 North America 79,468 100,627 91,514 87,170 87,170

21,222 South America 25,435 20,516 21,034 23,547 24,547

124,870 European Union 120,133 151,122 138,051 136,528 136,078

4,313 Other Europe 4,405 4,712 4,609 3,850 3,850


41,965 Middle East 40,153 32,340 37,220 38,105 38,665

18,576 North Africa 13,948 14,352 20,231 17,450 17,450


109,669 East Asia 110,590 113,776 116,281 115,825 115,825

95,881 South Asia 105,070 103,298 111,233 110,730 110,820

11,099 Oceania 13,846 21,697 22,200 25,277 26,277

160 Others 143 171 175 176 176

596,115 Total 611,202 684,155 682,594 645,408 647,597

Domestic Consumption none

46,126 North America 40,901 48,329 44,087 46,456 46,656

24,193 South America 24,372 24,503 25,548 25,460 25,435

125,500 European Union 116,536 127,000 124,500 122,000 122,000

5,220 Other Europe 5,475 5,545 5,434 5,355 5,330


51,330 Middle East 50,947 52,489 53,567 53,825 53,850

34,105 North Africa 35,674 37,464 39,100 40,175 40,050


113,938 East Asia 117,556 117,438 119,582 121,500 121,500

105,066 South Asia 109,488 104,554 114,081 118,490 118,530

11,719 Southeast Asia 11,009 12,004 13,037 12,860 13,310

8,535 Oceania 7,388 7,720 7,630 9,355 9,855

3,267 Others 3,400 3,278 3,276 3,400 3,300

618,292 Total 613,280 634,977 650,171 662,674 661,639

Ending Stocks none

19,690 North America 13,108 24,729 35,144 28,672 29,352

3,652 South America 4,569 4,065 4,778 4,193 5,655

14,171 European Union 12,429 18,969 15,883 13,411 13,461

1,772 Other Europe 1,876 2,208 2,246 1,676 1,651


12,130 Middle East 10,557 12,903 15,160 11,763 11,763

9,764 North Africa 9,482 9,497 11,833 11,223 10,948


40,846 East Asia 41,788 48,276 57,337 62,622 63,022

8,357 South Asia 9,727 16,951 20,925 18,935 18,725

2,844 Southeast Asia 2,837 2,738 3,190 2,905 2,955

4,224 Oceania 3,912 3,800 4,297 7,374 7,874

292 Others 256 300 323 279 279

130,333 Total 124,778 167,229 197,324 177,774 181,899

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.

March 2011


9

RICE: WORLD MARKETS AND TRADE

OVERVIEW Rice traded globally in 2011 is still expected to be slightly below the previous year. Global prices continue to fall as record production exceeds consumption, and stocks are at the highest level since 2002/2003. PRICES International: Six months ago, U.S. #2/4 rice quotes started to climb significantly. However, prices have fallen since January, and in the last month, prices dropped $33 to $533 per ton, FOB. Thai and Vietnamese quotes have followed the same trend. Over the last month, quotes for Thai 100 B have come down $25 to $519 per ton, FOB, and Viet quotes for 5% slid $42 to $462 per ton, FOB. Rice prices of all origins continue to drop despite higher prices for most other commodities. Domestic: California medium grain #1/4 quotes remained steady for the last 5 weeks at $875 per ton, FOB. TRADE CHANGES IN 2011 (unless otherwise noted) Selected Exporters

• Burma is slashed 300,000 tons to 200,000 on the recently announced export ban.

• China is dropped by one-third to 600,000 tons as the two approved state companies are expected to ship less.

• India is down 100,000 tons to 2.4 million in 2011 on the expectation that only a small amount of non-basmati will be allowed to ship. For 2010, exports are cut 250,000 tons to 2.0 million on shipment data.

• United States is raised 315,000 tons to 3.8 million in 2010 on final official data, the second highest on record.

Rice Quotes Continue to Slide Despite High Prices For Other Commodities

350

400

450

500

550

600

650

9/7/109/2

1/10

10/5/10

10/19/10

11/2/10

11/16/10

11/30/10

12/14/ 10

12/28/101/11/1

1

1/25/11

2/ 8/11

2/22/113/8/11

$/MT

Thai 100B US # 2/4 Viet 5%

March 2011


10

• Vietnam is bumped 200,000 tons to 6.0 million on sales to Bangladesh.

Selected Importers

• Bangladesh is raised one-third to 800,000 tons on recent government purchases targeted at reducing inflation.

• Nigeria is bumped 100,000 tons to a record 2.1 million in 2010 on large shipments from

Thailand at the end of the year.

• Philippines is dropped 200,000 tons to 2.4 million in 2010 on near-final shipment data.

• Saudi Arabia is cut 200,000 tons to 1.1 million on the expectation that year-to-year demand will remain flat.

March 2011

World Rice Trade

January/December Year, Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

600600450594408436 Argentina

350350401748190 Australia

600600430591511201 Brazil

2005004451,05254131 Burma

1,2001,2001,000800500450 Cambodia

6009006197839691,340 China

180180230150157139 EU-27

250250275244185254 Guyana

2,4002,5001,9502,1233,3836,301 India

200200200200200200 Japan

2,6502,6504,0003,1873,0502,696 Pakistan

120120154902112 Russia

10,00010,0009,0008,57010,0119,557 Thailand

850850750926742734 Uruguay

6,0005,8006,7345,9504,6494,522 Vietnam

5455501,0389931,1301,829 Others

26,74527,25027,31526,27026,50528,892 Subtotal

3,4253,4253,8152,9833,2193,003 United States

30,17030,67531,13029,25329,72431,895 World Total

none

TY Imports

8006006601501,6581,570 Bangladesh

600600750650417684 Brazil

330330330322365341 Canada

400330366337295472 China

900900860800800980 Cote d'Ivoire

525525500457558574 Cuba

1,3501,3501,2001,3831,5201,342 EU-27

410410400395399348 Hong Kong

1,7501,7501,1502503502,000 Indonesia

1,2001,2001,1501,4701,5501,500 Iran

1,1501,1501,1071,089975613 Iraq

700700650750546642 Japan

1,0201,0201,0201,0701,039799 Malaysia

655655600610578607 Mexico

400400320385300410 Mozambique

1,9001,9002,1002,0001,8001,550 Nigeria

1,5001,5002,4002,0002,5001,900 Philippines

1,1001,3001,0691,0721,166961 Saudi Arabia

700700650715860700 Senegal

760850733745650960 South Africa

350350350300230235 Syria

400400520282195193 Turkey

400400400380350285 United Arab Emirates

600600400500300450 Vietnam

335335325325315338 Yemen

8,3608,3158,3957,7148,1768,295 Others

28,59528,57028,40526,15127,89228,749 Subtotal

9551,4852,1632,4201,1812,451 Unaccounted

620620562682651695 United States

30,17030,67531,13029,25329,72431,895 World Total


Note about dates: 2010/11 is calendar year 2011, 2009/10 is calendar year 2010, and so on.

March 2011

World Rice Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Milled Production

32,30032,30031,00031,00028,80029,000 Bangladesh

8,7008,5007,6578,5708,1997,695 Brazil

10,50010,50010,59710,15010,73010,600 Burma

5,0205,0204,7804,5204,2383,946 Cambodia

139,300139,300136,570134,330130,224127,200 China

3,1003,1004,3004,4024,3854,383 Egypt

94,50095,00089,13099,18096,69093,350 India

37,50037,50036,37038,31037,00035,300 Indonesia

7,7207,7207,7118,0297,9307,786 Japan

4,3004,3004,9164,8434,4084,680 Korea, South

3,6003,6003,4003,2003,0002,900 Nigeria

5,0005,0006,8006,9005,7005,450 Pakistan

10,35010,3509,77210,75510,4799,775 Philippines

20,35020,35020,26019,85019,80018,250 Thailand

24,98324,98324,97924,39324,37522,922 Vietnam

36,82436,68635,75833,31631,52130,952 Others

444,047444,209434,000441,748427,479414,189 Subtotal

7,4717,4436,9176,4006,1496,088 United States

451,518451,652440,917448,148433,628420,277 World Total

none

Consumption and Residual

33,10032,85031,60031,00030,74729,764 Bangladesh

8,4508,5008,4008,4008,3508,400 Brazil

10,10010,1009,8559,64810,24910,670 Burma

3,8403,8403,8103,7703,7883,646 Cambodia

136,000136,500134,320133,000127,450127,200 China

3,4003,4003,6704,0003,3403,276 Egypt

91,00095,00085,73091,09090,46686,700 India

38,85038,85038,00037,10036,35035,900 Indonesia

3,3503,3503,3503,3253,2973,294 Iran

8,1258,1258,2008,3268,1778,250 Japan

4,8004,8004,7604,7884,6704,887 Korea, South

5,5005,5005,2505,1504,5004,400 Nigeria

13,32513,32513,30013,10013,49912,000 Philippines

10,20010,20010,0009,5009,6009,780 Thailand

19,30019,50019,15019,00019,40018,775 Vietnam

53,11653,16852,08050,06248,50547,721 Others

442,994448,282434,281432,982424,182417,776 Subtotal

4,0104,0013,8613,9643,9193,959 United States

447,004452,283438,142436,946428,101421,735 World Total

none

Ending Stocks

43,99643,07940,89638,89938,01535,915 China

21,60018,00020,50019,00013,00011,430 India

6,9776,9776,5777,0575,6074,607 Indonesia

2,7882,7882,6932,7152,5562,406 Japan

2,2302,2303,3454,6734,4184,868 Philippines

6,7976,7976,3474,7872,7072,510 Thailand

1,7391,7391,4561,9612,0181,392 Vietnam

11,02610,62811,29311,43411,04510,395 Others

97,15392,23893,10790,52679,36673,523 Subtotal

1,6221,6161,1549609181,234 United States

98,77593,85494,26191,48680,28474,757 World Total

Note: All data are reported on a milled basis.

March 2011

Regional Rice Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

1,643 North America 1,594 1,614 1,492 1,605 1,605

1,015 Caribbean 1,028 906 970 985 985

1,086 South America 1,105 1,113 1,373 1,320 1,315

137 Other Europe 98 126 120 120 120

368 Former Soviet Union - 12 361 412 427 340 390

4,778 Middle East 5,646 5,505 5,496 5,760 5,560

355 North Africa 275 155 320 320 320


2,318 East Asia 1,612 1,874 1,956 1,940 2,010

1,946 South Asia 2,197 517 1,125 890 1,090

5,749 Southeast Asia 4,640 4,528 5,660 5,545 5,545

2,205 Others 2,428 2,175 2,080 2,110 2,110

29,444 Total 28,543 26,833 28,967 29,190 29,215

Production none

6,266 North America 6,327 6,556 7,095 7,593 7,621

798 Caribbean 796 882 984 1,010 1,010

14,220 South America 15,461 16,214 14,984 16,046 16,381

1,676 European Union 1,757 1,620 1,995 2,020 2,020

980 Former Soviet Union - 12 988 906 1,095 1,220 1,223

2,282 Middle East 2,410 2,085 2,473 2,580 2,580

4,413 North Africa 4,406 4,423 4,335 3,140 3,140


142,661 East Asia 145,044 150,087 152,218 154,138 154,138

133,111 South Asia 136,570 142,432 132,815 137,975 137,475

103,778 Southeast Asia 109,723 111,270 110,170 112,204 112,204

695 Others 566 685 794 1,294 1,294

420,277 Total 433,628 448,148 440,917 451,652 451,518


5,088 North America 5,007 5,054 4,999 5,161 5,170

1,118 Central America 1,104 1,125 1,129 1,146 1,146

1,879 Caribbean 1,944 1,831 1,914 2,003 2,003

13,963 South America 14,199 14,536 14,704 14,736 14,706

2,911 European Union 3,185 2,925 3,000 3,050 3,050


7,308 Middle East 7,548 7,832 8,016 7,975 7,990

3,546 North Africa 3,636 4,133 4,035 3,745 3,745


144,289 East Asia 143,315 149,571 150,762 152,840 152,340

124,366 South Asia 129,767 131,416 126,408 137,005 133,255

94,993 Southeast Asia 97,134 96,650 98,812 100,710 100,510

714 Others 664 521 594 615 615

418,622 Total 426,307 435,223 435,336 451,009 446,466

Ending Stocks none

1,377 North America 1,111 1,126 1,325 1,767 1,773

272 Central America 265 200 220 225 225

178 Caribbean 134 109 129 146 146

1,924 South America 1,744 2,234 1,640 1,610 1,613

1,138 European Union 1,126 1,020 1,029 1,169 1,169

1,719 Middle East 2,044 1,771 1,683 1,807 1,727

370 North Africa 685 557 499 179 179

1,021 Sub-Saharan Africa 1,341 975 950 990 949

39,317 East Asia 41,537 42,832 45,377 47,472 48,389

12,636 South Asia 14,306 21,393 22,432 19,532 23,332

14,426 Southeast Asia 15,780 19,119 18,803 18,701 19,001

230 Oceania 52 26 44 97 97

149 Others 159 124 130 159 175

74,757 Total 80,284 91,486 94,261 93,854 98,775



March 2011


14

COARSE GRAINS: WORLD MARKETS AND TRADE OVERVIEW Global coarse grain trade is virtually unchanged this month as increased corn trade is offset by a decrease in barley. Corn production changes resulted in greater Mexican imports and stronger Brazilian exports. U.S. coarse grain exports and imports are unchanged this month. MONTHLY HIGHLIGHT Brazil’s corn exports are boosted this month to a record 10.0 million tons (Oct-Sep basis), aided by high international prices and strong U.S. soybean exports that have tied up port capacity. As Brazil’s soybean export program begins to ramp up, its corn shipments are expected to slow down seasonally. Plantings for the crucial winter-crop (safrinha) are running behind, so it remains to be seen how much competition U.S. corn will face in the 2011/12 trade year starting next October. Nonetheless, after shipping over 7.5 million tons from October 2010 through February 2011, Brazil will easily reach the record forecast this year. PRICES Domestic: Through the end of February, U.S. corn export price movement has been choppy, rising $30/ton to $311/ton on growing concerns about tight U.S. supplies. However, early March prices show a retreat of nearly $11/ton. While Argentine corn had been selling at a premium, it has now shifted to a seasonal discount to U.S. corn. Following Brazil’s aggressive export program, soybeans are expected to utilize port capacity so corn prices are unquoted.

TMT TMT

150

175

200

225

250

275

300

325

$/M

T

Corn Weekly Export Bids

U.S. Gulf Argentina Up River Brazil Paranagua

TMT TMT

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

2006/07 2007/08 2008/09 2009/10 2010/11

Mill

ion

Met

ric T

ons

Brazilian Corn Exports (Oct-Feb)

March 2011


15

TRADE CHANGES IN 2010/11 Selected Exporters

• Brazilian corn is raised 1.0 million tons to a record 10.0 million based on unprecedented shipments from October to February.

• EU barley is cut 300,000 tons to 4.6 million on slow Russian demand and tight supplies

of malting barley (Russian barley is halved to 300,000 tons).

• Ukrainian barley is down 800,000 tons to 3.2 million on continued export restrictions as well as weaker demand from Saudi Arabia.

• Australian sorghum is up 200,000 tons to 1.0 million on greater exportable supplies.

Selected Importers

• EU corn is boosted 1.0 million tons again this month to 6.5 million, and sorghum is raised 200,000 tons to 700,000 based on the strong pace of import licenses and tight domestic feed grain supplies.

• Kenyan corn is down 250,000 tons to 50,000 as a result of ample supplies.

• Mexican corn is raised 1.1 million tons to 9.0 million due to crop damage from the recent freeze (consequently, exports are cut 200,000 tons to 100,000).

• Russian corn is halved to 500,000 tons on weaker-than-expected feed grain demand.

• Chinese barley is down 200,000 tons to 1.9 million based on the slow pace of shipments and tight global supplies of malting barley.

• Saudi Arabian barley is cut 600,000 tons to 6.7 million based on slow trade and the

Saudi government’s efforts to limit barley imports (and subsidies).

March 2011

World Coarse Grain Trade

October/September Year, Thousand Metric Tons

2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

15,50515,50519,02810,24117,78617,191 Argentina

5,6605,4604,4174,8733,8951,995 Australia

10,0059,0058,6277,1878,0328,188 Brazil

3,7253,7253,0683,8526,3793,787 Canada

6,0056,3054,2674,3384,6795,463 EU-27

2,6502,6502,0752,6425,539721 India

1,4051,4051,3931,8641,4731,981 Paraguay

1,7151,7151,3581,478132863 Serbia

2,5402,5401,6262,1591,145462 South Africa

8,8059,60510,93611,3805,9093,942 Ukraine

4,8705,0858,3039,1015,59210,968 Others

62,88563,00065,09859,11560,56155,561 Subtotal

54,05054,05054,16451,55868,28959,157 United States

116,935117,050119,262110,673128,850114,718 World Total

none

TY Imports

2,4002,4002,6062,0672,4332,588 Algeria

1,3051,3051,0651,4971,2581,472 Brazil

1,6651,6652,0111,9003,1872,285 Canada

1,3501,3501,2751,3171,9691,766 Chile

2,9753,1753,7771,6511,1571,156 China

4,0604,0604,0983,4833,6033,714 Colombia

1,0501,0501,0009731,0741,212 Dominican Republic

5,4305,4305,8855,0934,1824,845 Egypt

7,3656,1653,0122,98819,8928,854 EU-27

1,1001,1001,3003172941,069 Indonesia

3,6003,6005,1005,0003,9003,600 Iran

1,8101,8101,5921,2951,7761,684 Israel

19,17519,17519,19819,61119,21019,668 Japan

8,0608,0608,5097,2489,3588,797 Korea, South

2,8002,8002,8002,4473,1812,363 Malaysia

11,55010,45010,91410,46511,01111,040 Mexico

2,0302,0302,1051,8382,1852,150 Morocco

1,7451,7451,7421,3981,5921,646 Peru

1,1001,9006390524353 Russia

8,6059,1059,1779,1869,9687,578 Saudi Arabia

2,8002,8002,2502,8342,5612,079 Syria

4,8504,8504,6714,6584,6844,403 Taiwan

1,0001,0001,2028751,1821,519 Tunisia

1,4001,4002,2001,3401,103534 Venezuela

1,3001,3001,6001,250700650 Vietnam

12,19112,44113,79414,76814,80513,825 Others

112,716112,166112,946105,589126,789110,850 Subtotal

1,9942,6594,0372,277-1,5491,262 Unaccounted

2,2252,2252,2792,8073,6102,606 United States

116,935117,050119,262110,673128,850114,718 World Total


March 2011

World Coarse Grains Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

28,50928,50928,03119,63427,11827,094 Argentina

13,40713,90711,09612,27212,8956,583 Australia

55,34153,34158,41253,48660,52053,216 Brazil

22,06522,06522,47727,18427,84123,145 Canada

174,020174,020164,060172,410158,863159,119 China

8,0608,0607,8827,7057,2347,209 Egypt

8,9258,9258,0469,0348,3027,928 Ethiopia

139,143139,143154,151161,521136,123137,421 EU-27

40,35041,60033,89039,55040,63033,810 India

30,02932,02927,27232,25230,57729,181 Mexico

28,10028,10027,95926,67024,00026,000 Nigeria

16,38016,38031,81540,70029,32530,200 Russia

12,99312,99313,88113,08413,6907,760 South Africa

10,09510,09511,09510,4159,48010,896 Turkey

21,41521,46524,12026,22014,58519,175 Ukraine

140,596140,605134,415132,131128,052128,779 Others

749,428751,237758,602784,268729,235707,516 Subtotal

330,230330,230348,755325,867349,861279,998 United States

1,079,6581,081,4671,107,3571,110,1351,079,096987,514 World Total

none

Domestic Consumption

11,00911,00910,1248,7689,5679,694 Argentina

51,14851,14849,73948,19144,60543,312 Brazil

21,94221,94222,21622,89224,02324,502 Canada

170,200170,300167,350160,100156,783153,496 China

13,69513,69513,57212,16211,47711,800 Egypt

153,455152,255149,680151,455154,155147,977 EU-27

37,55038,85031,95036,50035,50032,520 India

19,37519,37519,39519,96519,46019,823 Japan

41,29541,59540,88542,06040,23539,920 Mexico

28,15028,15027,75026,55024,00025,750 Nigeria

18,68019,53030,69032,90028,77528,450 Russia

9,6259,6259,5259,3509,4558,660 Saudi Arabia

11,27311,27310,92810,46810,1439,153 South Africa

10,60510,60510,80010,60510,60011,610 Turkey

13,39012,91512,81513,69511,93513,150 Ukraine

202,762203,142195,890195,517190,644185,278 Others

813,695816,959811,207803,761781,633769,707 Subtotal

306,215306,215295,160275,978274,533242,798 United States

1,119,9101,123,1741,106,3671,079,7391,056,1661,012,505 World Total

none

Ending Stocks

2,4942,8442,7643,2912,6741,213 Australia

9,1667,56610,47312,45012,7033,760 Brazil

3,7133,7135,6506,3264,0103,501 Canada

60,95161,05154,42654,14440,40438,020 China

12,63512,33525,28720,76412,82715,193 EU-27

2,3242,3242,7242,1742,3243,284 Iran

4,6554,6555,3454,3273,2661,776 South Africa

38,13738,84340,32743,60340,47637,892 Others

134,075133,331146,996147,079118,684104,639 Subtotal

20,80220,75848,13347,06045,05936,174 United States

154,877154,089195,129194,139163,743140,813 World Total

March 2011

Regional Coarse Grains Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

15,931 North America 17,808 15,172 15,204 14,340 15,440

2,906 Central America 2,681 2,491 2,750 2,775 2,775

2,227 Caribbean 2,239 2,011 2,086 2,200 2,200

10,181 South America 10,672 10,079 11,464 10,705 10,705

8,854 European Union 19,892 2,988 3,012 6,165 7,365

952 Former Soviet Union - 12 1,037 599 426 2,270 1,470

18,703 Middle East 21,876 21,247 21,243 20,000 19,500

11,671 North Africa 10,762 10,597 12,930 11,685 11,685


34,135 East Asia 34,662 33,349 36,285 35,440 35,240

4,394 Southeast Asia 4,746 5,405 6,373 6,035 6,035

1,000 Others 1,220 753 780 751 751

113,456 Total 130,399 108,396 115,225 114,391 114,941

Production none

332,324 North America 408,279 385,303 398,504 384,324 382,324

92,229 South America 99,917 84,977 98,002 93,965 95,965

137,421 European Union 136,123 161,521 154,151 139,143 139,143

11,568 Other Europe 9,370 12,357 11,800 12,190 12,190


19,586 Middle East 17,658 15,950 18,057 19,277 19,277

11,211 North Africa 9,894 10,219 15,423 12,932 12,932


161,420 East Asia 161,053 174,579 165,930 176,145 176,145

40,139 South Asia 47,035 45,688 40,298 47,883 46,633

24,271 Southeast Asia 26,882 27,715 25,808 28,245 28,245

7,230 Oceania 13,542 12,919 11,743 14,554 14,054

3,979 Others 4,455 4,291 4,152 4,302 4,302

987,514 Total 1,079,096 1,110,135 1,107,357 1,081,467 1,079,658


307,220 North America 338,791 340,930 358,261 369,752 369,452

71,054 South America 74,022 76,055 79,530 82,237 82,287

147,977 European Union 154,155 151,455 149,680 152,255 153,455

11,532 Other Europe 10,423 10,895 10,731 10,316 10,316


37,684 Middle East 38,289 37,952 37,885 38,813 38,813

22,013 North Africa 21,147 21,192 24,884 25,760 25,760


188,986 East Asia 191,632 194,849 201,726 204,769 204,619

38,847 South Asia 42,108 42,672 38,430 45,213 43,913

27,142 Southeast Asia 29,476 30,281 30,945 32,395 32,395

6,885 Oceania 7,666 7,897 7,727 8,807 8,457

9,051 Others 9,314 8,953 8,963 9,213 9,213

1,007,893 Total 1,055,890 1,077,156 1,098,469 1,121,624 1,120,369

Ending Stocks none

43,201 North America 53,809 58,625 55,724 26,996 26,640

9,544 South America 19,466 16,612 14,569 11,927 13,527

15,193 European Union 12,827 20,764 25,287 12,335 12,635

1,523 Other Europe 1,340 1,520 1,677 2,367 2,367


8,541 Middle East 7,689 7,536 8,082 7,659 7,381

3,187 North Africa 2,443 2,743 5,572 4,529 4,529


41,820 East Asia 44,975 57,883 58,167 64,742 64,663

1,569 South Asia 1,749 2,016 1,785 1,992 1,922

2,778 Southeast Asia 3,475 4,447 3,458 3,458 3,458

1,301 Oceania 2,737 3,342 2,817 2,899 2,549

985 Others 1,062 836 846 895 895

140,813 Total 163,743 194,139 195,129 154,089 154,877



March 2011

World Corn Trade


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

13,00013,00016,9718,45815,67615,693 Argentina

10,0009,0008,6237,1787,8838,071 Brazil

1,0001,000184366944322 Canada

1,0001,0001,5191,743591664 EU-27

2,5002,5001,8502,5515,077582 India

1,4001,4001,3881,8621,4611,981 Paraguay

1,7001,7001,3431,467128854 Serbia

2,5002,5001,5862,1111,124431 South Africa

7007001,000786646442 Thailand

5,5005,5005,0725,4972,0741,027 Ukraine

2,7953,0103,7494,1762,0097,197 Others

42,09541,31043,28536,19537,61337,264 Subtotal

50,00050,00049,88747,75860,66354,214 United States

92,09591,31093,17283,95398,27691,478 World Total

none

TY Imports

2,4002,4002,6001,9032,1662,463 Algeria

8008006971,0929611,204 Brazil

1,6001,6001,9611,8443,1172,226 Canada

7507506638391,6281,508 Chile

1,0001,0001,296474116 China

3,6003,6003,6513,0683,2673,386 Colombia

700700700586674672 Costa Rica

800800736708811646 Cuba

1,0501,0501,0009731,0741,212 Dominican Republic

5,4005,4005,8325,0314,1514,826 Egypt

6,5005,5002,9312,75414,0167,172 EU-27

1,1001,1001,3003172941,069 Indonesia

3,2003,2004,3003,6002,9003,300 Iran

1,3501,3501,0538461,3741,311 Israel

16,10016,10015,97916,53316,61416,713 Japan

8,0008,0008,4617,1889,3118,731 Korea, South

2,8002,8002,8002,4473,1812,363 Malaysia

9,0007,9008,2987,7649,5568,944 Mexico

1,8001,8001,7001,5661,8581,683 Morocco

1,6001,6001,6491,3071,4691,528 Peru

1,9001,8001,8721,4821,9611,577 Saudi Arabia

2,0002,0002,0001,7841,6611,729 Syria

4,7004,7004,5214,5324,5274,283 Taiwan

1,4001,4002,2001,3361,103534 Venezuela

1,3001,3001,6001,250700650 Vietnam

9,2459,9959,97611,40511,17910,544 Others

90,09588,64589,77682,20299,59490,290 Subtotal

1,5002,1653,1591,414-1,819869 Unaccounted

500500237337501319 United States

92,09591,31093,17283,95398,27691,478 World Total


The large, negative Unaccounted in 2007/08 arises largely from timing differences between declared exports and Japan's and Korea's

declared imports.

March 2011

World Corn Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

22,00022,00022,80015,50022,01722,500 Argentina

53,00051,00056,10051,00058,60051,000 Brazil

11,71411,7149,56110,59211,6498,990 Canada

168,000168,000158,000165,900152,300151,600 China

7,0007,0006,8226,6456,1746,149 Egypt

55,19355,19357,14762,32147,55553,829 EU-27

20,50021,00016,72019,73018,96015,100 India

8,0008,0006,9008,7008,5007,850 Indonesia

22,00024,00020,37424,22623,60022,350 Mexico

8,7008,7008,7597,9706,5007,800 Nigeria

7,0007,0006,2316,8537,2776,231 Philippines

6,8006,8006,4006,1304,0546,415 Serbia

12,50012,50013,42012,56713,1647,300 South Africa

11,90011,90010,50011,4007,4006,400 Ukraine

5,5005,5005,2804,4324,6004,251 Vietnam

77,80677,78474,81577,30670,23468,297 Others

497,613498,091479,829491,272462,584446,062 Subtotal

316,165316,165332,549307,142331,177267,503 United States

813,778814,256812,378798,414793,761713,565 World Total

none

Total Consumption

7,3007,3006,9006,4007,0006,700 Argentina

48,30048,30047,00045,50042,50041,000 Brazil

12,30012,30011,60611,68713,76911,442 Canada

162,000162,000159,000152,000149,000145,000 China

12,60012,60012,50011,10010,40010,700 Egypt

60,50059,50060,00061,60064,00062,400 EU-27

18,00018,30015,10017,00014,20013,900 India

9,1009,1009,0008,9008,5008,100 Indonesia

16,10016,10016,00016,70016,60016,500 Japan

8,1008,1008,4127,8948,6388,833 Korea, South

30,80031,10030,20032,40032,00030,700 Mexico

8,8008,8008,6007,9006,5507,600 Nigeria

6,9006,9006,5007,3007,1506,550 Philippines

10,70010,70010,4009,9009,6008,600 South Africa

6,6006,6006,3005,4005,2004,900 Vietnam

124,476124,926119,617119,067115,653110,983 Others

541,800543,515534,235522,674510,896497,420 Subtotal

293,384293,384281,423259,272261,632230,674 United States

835,184836,899815,658781,946772,528728,094 World Total

none

Ending Stocks

8,8347,23410,13412,08412,5793,592 Brazil

1,7721,7721,7581,8331,4571,337 Canada

60,11460,11453,31453,16939,39436,602 China

4,9014,9014,7086,1494,4177,437 EU-27

1,5721,5721,5921,4662,0791,322 Korea, South

1,7211,7211,021664684855 Serbia

4,4834,4835,1584,1133,0901,661 South Africa

22,60423,57923,47925,84226,40124,203 Others

106,001105,376101,164105,32090,10177,009 Subtotal

17,13717,13743,38042,50441,25533,114 United States

123,138122,513144,544147,824131,356110,123 World Total

March 2011

Regional Corn Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

11,489 North America 13,174 9,945 10,496 10,000 11,100

2,906 Central America 2,678 2,491 2,750 2,775 2,775

9,141 South America 9,459 8,545 9,790 8,940 8,940

7,172 European Union 14,016 2,754 2,931 5,500 6,500

501 Former Soviet Union - 12 651 393 232 1,180 680

10,245 Middle East 10,116 9,462 11,102 10,025 10,125

10,136 North Africa 9,593 9,574 11,548 10,675 10,675


29,854 East Asia 30,746 28,481 30,387 29,980 29,980

4,385 Southeast Asia 4,715 5,391 6,363 6,030 6,030

2,227 Caribbean 2,239 2,011 2,086 2,200 2,200

632 Others 739 537 478 485 485

90,609 Total 100,095 82,539 90,013 89,145 90,595

Production none

298,843 North America 366,426 341,960 362,484 351,879 349,879

83,335 South America 90,887 76,109 88,464 82,900 84,900

53,829 European Union 47,555 62,321 57,147 55,193 55,193

9,350 Other Europe 7,239 9,965 9,685 10,135 10,135


5,663 Middle East 5,220 6,248 6,229 6,004 6,004

6,351 North Africa 6,376 6,847 7,024 7,202 7,202


153,453 East Asia 154,009 167,566 159,405 169,659 169,659

20,234 South Asia 24,090 24,780 21,840 26,070 25,570

2,890 Central America 3,285 3,222 3,041 3,188 3,188

24,055 Southeast Asia 26,659 27,485 25,573 28,005 28,005

1,050 Others 1,205 1,183 1,179 1,179 1,179

713,565 Total 793,761 798,414 812,378 814,256 813,778


272,816 North America 307,401 303,359 323,229 336,784 336,484

63,147 South America 66,412 67,604 70,155 72,305 72,305

62,400 European Union 64,000 61,600 60,000 59,500 60,500

8,995 Other Europe 7,766 8,351 8,295 8,060 8,060


14,640 Middle East 15,800 15,635 16,425 16,800 16,900

16,050 North Africa 15,750 16,125 18,050 18,275 18,275


176,719 East Asia 180,503 183,015 189,492 192,705 192,655

19,029 South Asia 19,531 22,050 20,270 23,420 23,120

26,922 Southeast Asia 29,249 30,043 30,725 32,175 32,175

5,850 Central America 5,900 5,800 5,800 5,950 5,950

3,190 Others 3,406 3,235 3,225 3,330 3,330

724,582 Total 772,392 780,020 808,558 836,010 835,960

Ending Stocks none

37,535 North America 46,843 47,896 46,527 20,798 20,398

8,457 South America 18,050 15,292 13,499 10,514 12,114

7,437 European Union 4,417 6,149 4,708 4,901 4,901

1,156 Other Europe 1,026 1,184 1,398 2,073 2,073


3,618 Middle East 3,168 3,085 3,730 2,877 2,899

1,591 North Africa 1,583 2,202 2,379 2,071 2,071


39,745 East Asia 43,373 56,283 56,432 63,195 63,216

1,025 South Asia 1,276 1,437 1,062 1,407 1,047

2,776 Southeast Asia 3,475 4,446 3,457 3,457 3,457

684 Central America 765 613 589 587 587

326 Others 323 260 285 319 319

110,123 Total 131,356 147,824 144,544 122,513 123,138



March 2011

World Barley Trade


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

50500000 Algeria

1,1001,100549871937537 Argentina

4,5004,5003,8463,2783,3771,927 Australia

1,3001,3001,2031,6182,9471,337 Canada

202013178149 China

557433 Croatia

55147671 Egypt

4,6004,9002,3892,3743,8884,366 EU-27

10010010037371131 India

200200354314806606 Kazakhstan

25254331934 Moldova

2502502,0863,5981,2771,691 Russia

1515151149 Serbia

40040080130345 Turkey

3,2004,0005,7525,8713,8142,911 Ukraine

10101321112166 Others

15,78016,88017,18518,05517,69314,113 Subtotal

200200151158901528 United States

15,98017,08017,33618,21318,59414,641 World Total

none

TY Imports

500500364403285267 Brazil

1,9002,1002,3411,5511,0911,127 China

250250237211256243 Colombia

15015066156519167 EU-27

4004008001,4001,000300 Iran

350350490367251224 Israel

1,3501,3501,4111,3461,3611,359 Japan

400400432514528804 Jordan

200200283252254217 Kuwait

35035058229616658 Libya

200200256263313462 Morocco

3006001339179229 Russia

6,7007,3007,3007,7008,0006,000 Saudi Arabia

8008002501,050900350 Syria

400400336229378866 Tunisia

1,2851,2851,3991,4912,0271,433 Others

15,53516,63516,56017,26817,50814,106 Subtotal

245245474373374181 Unaccounted

200200302572712354 United States

15,98017,08017,33618,21318,59414,641 World Total


March 2011

World Barley Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

1,5001,5002,400560950700 Algeria

2,3002,3001,3562,1101,6001,330 Argentina

9,3009,8007,9097,9977,1604,257 Australia

1,4001,4001,6502,2001,7001,350 Belarus

7,6057,6059,51711,78110,9849,573 Canada

2,4002,4002,5002,8232,7853,115 China

1,4001,4001,5691,4841,3551,352 Ethiopia

53,39853,39861,98065,50957,54556,220 EU-27

1,3501,3001,6901,2001,3301,220 India

3,1003,1002,6002,0003,0002,956 Iran

2,6002,6003,8001,2727632,535 Morocco

8,3008,30017,90023,10015,65018,100 Russia

1,6751,675850260785700 Syria

5,9005,9006,5005,7006,0007,500 Turkey

8,5008,50011,80012,6006,00011,350 Ukraine

9,5279,55810,6349,77310,68910,266 Others

120,255120,736144,655150,369128,296132,524 Subtotal

3,9253,9254,9495,2304,5753,923 United States

124,180124,661149,604155,599132,871136,447 World Total

none

Total Consumption

1,4501,4501,3501,1001,100950 Algeria

4,7005,0004,5004,0003,1004,000 Australia

1,5501,5501,7002,2001,7501,600 Belarus

7,6007,6008,5049,0657,91610,190 Canada

4,5004,6004,5004,2003,9004,200 China

1,4001,4001,5501,5001,3501,350 Ethiopia

59,50059,50056,50057,00054,20055,700 EU-27

3,4003,4003,4003,9003,6003,400 Iran

1,5501,5501,6001,5501,6001,650 Japan

3,2003,2002,8001,7001,8002,500 Morocco

9,4509,80016,80017,10015,05016,400 Russia

7,4257,5257,4257,4257,4306,810 Saudi Arabia

1,4501,4501,1501,8001,0001,150 Syria

5,8005,8005,9005,7006,1007,300 Turkey

5,7005,2005,7005,9005,0006,300 Ukraine

15,27315,30316,07414,70015,08814,694 Others

134,047134,721139,597139,548129,700138,623 Subtotal

4,4644,4644,6045,1274,3244,596 United States

138,511139,185144,201144,675134,024143,219 World Total

none

Ending Stocks

1,2581,2581,258184333462 Algeria

1,8192,0191,9192,4251,662988 Australia

1,3381,3382,5832,8431,5681,491 Canada

5,1114,81115,36310,9165,7055,824 EU-27

9709701,370114214903 Morocco

1,6531,9532,0782,2032,4282,458 Saudi Arabia

943943418468258323 Syria

7,0166,7628,9559,9716,4797,336 Others

20,10820,05433,94429,12418,64719,785 Subtotal

2,0201,9762,5151,9321,4851,500 United States

22,12822,03036,45931,05620,13221,285 World Total

March 2011

Regional Barley Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

476 North America 933 737 373 300 300

723 South America 751 837 840 950 950

167 European Union 519 156 66 150 150

220 Other Europe 207 84 156 130 130


8,278 Middle East 11,572 11,681 10,082 9,850 9,250

1,521 North Africa 1,152 973 1,223 975 975

51 Sub-Saharan Africa 154 120 54 85 85

2,595 East Asia 2,550 3,000 3,865 3,575 3,375

0 South Asia 3 48 11 30 30

0 Oceania 0 0 0 0 0

14,460 Total 18,220 17,840 16,862 16,835 15,735

Production none

14,365 North America 16,212 17,822 14,966 12,311 12,311

2,350 South America 2,697 3,156 2,443 3,424 3,424

56,220 European Union 57,545 65,509 61,980 53,398 53,398

1,548 Other Europe 1,412 1,613 1,440 1,380 1,380


12,479 Middle East 10,926 8,443 10,480 11,905 11,905

3,835 North Africa 2,493 2,347 7,314 4,645 4,645


3,549 East Asia 3,240 3,300 2,939 2,840 2,840

1,742 South Asia 1,935 1,607 2,297 1,832 1,882

4,657 Oceania 7,560 8,397 8,309 10,200 9,700

136,447 Total 132,871 155,599 149,604 124,661 124,180


15,661 North America 13,040 15,042 13,858 12,814 12,814

2,332 South America 2,612 2,693 3,112 3,010 3,010

55,700 European Union 54,200 57,000 56,500 59,500 59,500

1,738 Other Europe 1,640 1,705 1,617 1,475 1,475


21,439 Middle East 20,841 20,895 20,048 20,535 20,435

4,925 North Africa 4,352 3,987 5,647 6,320 6,320


6,211 East Asia 5,854 6,109 6,480 6,530 6,430

1,742 South Asia 1,605 1,437 2,079 1,912 1,912

4,400 Oceania 3,500 4,400 4,900 5,400 5,100

142,790 Total 134,308 143,967 144,057 138,792 138,412

Ending Stocks none

3,208 North America 3,281 5,112 5,231 3,528 3,572

559 South America 410 716 514 778 778

5,824 European Union 5,705 10,916 15,363 4,811 5,111

321 Other Europe 279 282 233 248 248


4,858 Middle East 4,404 4,386 4,292 4,707 4,407

1,556 North Africa 818 511 3,153 2,413 2,413


920 East Asia 775 949 1,260 1,125 1,025

57 South Asia 40 78 267 119 169

1,046 Oceania 1,698 2,461 1,955 2,055 1,855

21,285 Total 20,132 31,056 36,459 22,030 22,128



March 2011

World Sorghum Trade


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

1,4001,4001,5079071,172959 Argentina

1,0008003501,36034025 Australia

50504132223144 China

505012554918 India

505050505050 Nigeria

404040482131 South Africa

25252592416 Thailand

25252736254171 Others

2,6402,4402,1652,4962,1751,404 Subtotal

3,8003,8004,0843,5986,6644,380 United States

6,4406,2406,2496,0948,8395,784 World Total

none

TY Imports

550550568404268189 Chile

2002002002026667 Colombia

100100150140300 Ethiopia

7005007665,2671,474 EU-27

100100397114478 Israel

1,6001,6001,6491,6291,0841,276 Japan

2,4002,4002,5282,4961,1561,954 Mexico

505050505050 Niger

300300400300300300 Sudan

757575728364 Taiwan

240240468257611217 Others

6,3156,1156,1345,6879,0595,669 Subtotal

125125115404-221113 Unaccounted

000312 United States

6,4406,2406,2496,0948,8395,784 World Total


March 2011

World Sorghum Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

3,8003,8003,6291,6602,9372,795 Argentina

2,2001,9501,6002,6903,7901,283 Australia

1,7091,7091,8542,0041,4411,605 Brazil

1,6001,6001,5221,8751,5071,516 Burkina

1,7001,7001,6501,8371,9202,183 China

900900900900900900 Egypt

2,6002,6002,0842,6192,6592,316 Ethiopia

617617615517525542 EU-27

6,8007,5006,7007,2507,9307,150 India

925925980930901770 Mali

7,1007,1006,2507,0676,2005,810 Mexico

9009007391,214930800 Niger

11,70011,70011,50011,00010,00010,500 Nigeria

4,2004,2002,6304,1924,5005,200 Sudan

850850710700900850 Tanzania

6,6326,6326,1716,3566,2106,398 Others

54,23354,68349,53452,81153,25050,618 Subtotal

8,7738,7739,72811,99812,6367,032 United States

63,00663,45659,26264,80965,88657,650 World Total

none

Total Consumption

2,3002,3001,9001,1001,2001,700 Argentina

1,4051,2051,2051,8052,2051,205 Australia

1,7751,7751,8751,8751,3751,475 Brazil

1,6001,6001,5221,8751,5071,516 Burkina

1,7501,7501,9002,0002,0002,050 China

900900900950900900 Egypt

2,6002,6002,4002,7002,6002,300 Ethiopia

1,3051,1056309056,3051,280 EU-27

6,7007,5006,6007,2007,9007,100 India

1,6001,6001,6501,6001,1001,350 Japan

925925980930901770 Mali

9,5009,5009,7008,6007,2008,100 Mexico

9509508501,2001,000825 Niger

11,65011,65011,45010,9509,95010,450 Nigeria

4,5004,5003,4004,5005,0005,000 Sudan

8,5418,4918,1438,0758,1757,878 Others

58,03658,43655,61656,13759,36954,523 Subtotal

5,0805,0805,8498,3195,0814,012 United States

63,11663,51661,46564,45664,45058,535 World Total

none

Ending Stocks

323323223194746231 Argentina

46661667167679116 Australia

173173248456637928 China

206136156181183247 India

4144144141,336373217 Mexico

200200200200200200 Nigeria

304304309684697997 Sudan

9959958531,2081,005886 Others

3,0813,1613,0744,9354,6323,722 Subtotal

9319311,0481,3901,340814 United States

4,0124,0924,1226,3255,9724,536 World Total

March 2011

Regional Sorghum Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

1,956 North America 1,157 2,499 2,528 2,400 2,400

284 South America 432 665 807 785 785

1,474 European Union 5,267 66 7 500 700

0 Other Europe 142 0 25 25 25

79 Middle East 156 81 44 105 105

0 North Africa 11 45 154 30 30


1,349 East Asia 1,196 1,719 1,812 1,705 1,705

9 Southeast Asia 31 14 10 5 5

3 Others 5 4 0 0 0

5,671 Total 9,060 5,690 6,134 6,115 6,315

Production none

12,842 North America 18,836 19,065 15,978 15,873 15,873

323 Central America 396 298 326 329 329

128 Caribbean 128 128 128 128 128

5,222 South America 5,102 4,719 6,153 6,441 6,441

542 European Union 525 517 615 617 617

758 Middle East 836 612 665 685 685

915 North Africa 915 915 915 915 915


2,191 East Asia 1,940 1,857 1,670 1,720 1,720

7,305 South Asia 8,081 7,395 6,845 7,645 6,945


1,283 Oceania 3,790 2,690 1,600 1,950 2,200

0 Others 0 0 0 0 0

57,650 Total 65,886 64,809 59,262 63,456 63,006


12,112 North America 12,281 16,919 15,549 14,580 14,580

323 Central America 375 315 325 325 325

128 Caribbean 128 128 128 128 128

4,259 South America 3,793 4,766 5,312 5,742 5,792

1,280 European Union 6,305 905 630 1,105 1,305

834 Middle East 945 724 714 775 775

915 North Africa 924 965 1,012 990 990


3,475 East Asia 3,222 3,699 3,650 3,450 3,450

7,258 South Asia 8,053 7,349 6,745 7,645 6,845


1,205 Oceania 2,205 1,805 1,205 1,205 1,405

0 Others 142 0 25 25 25

57,911 Total 64,399 64,584 60,954 63,431 63,081

Ending Stocks none

1,031 North America 1,713 2,726 1,462 1,345 1,345

17 Central America 39 21 22 26 26

415 South America 880 491 456 525 525

14 European Union 71 34 18 25 25

32 Middle East 78 47 42 57 57

39 North Africa 41 29 39 44 44

1,681 Sub-Saharan Africa 1,443 1,541 886 1,023 1,023

1,042 East Asia 733 578 369 294 294

247 South Asia 183 181 156 136 206

16 Oceania 791 676 671 616 466

2 Others 0 1 1 1 1

4,536 Total 5,972 6,325 4,122 4,092 4,012



March 2011

World Oats Trade


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

551512 Argentina

15015021116117441 Australia

554942 Brazil

1,3001,3001,5391,7922,3211,921 Canada

252537311741 Chile

300300216103133119 EU-27

554274 Russia

551963316 Others

1,7951,7952,0312,1092,6902,146 Subtotal


1,8401,8402,0692,1472,7432,179 World Total

none

TY Imports

552211 Argentina

555234 Bosnia and Herzegovina

151521141718 Canada

50505739139 China

10101021418 Colombia

101010141514 Ecuador

552425 EU-27

606056466862 Japan

100100468213161 Mexico

555555 Morocco

10103484759 Norway

252521331813 South Africa

505051525651 Switzerland

55561112 Turkey

5551100 Uruguay

00031218 Others

360360330323413350 Subtotal

8080128378635 Unaccounted

1,4001,4001,6111,7872,2441,794 United States

1,8401,8402,0692,1472,7432,179 World Total


March 2011

World Oats Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

140140140808080 Algeria

350350182291472400 Argentina

1,5001,7501,1801,1601,502748 Australia

700700800600600550 Belarus

370370253239238406 Brazil

2,2982,2982,9064,2734,6963,852 Canada

360360381344384380 Chile

420420410300350400 China

7,5987,5988,5058,9358,6347,768 EU-27

160160204138230183 Kazakhstan

148148148148124152 Mexico

245245245328276248 Norway

3,2003,2005,4005,8005,4004,900 Russia

210210210200200210 Turkey

450500730950550700 Ukraine

475475475457457483 Others

18,62418,92422,16924,24324,19321,460 Subtotal

1,1781,1781,3511,2941,3131,357 United States

19,80220,10223,52025,53725,50622,817 World Total

none

Total Consumption

140140140808688 Algeria

350350200300450400 Argentina

1,3001,5509751,0351,335710 Australia

700700800600575550 Belarus

360360250225240400 Brazil

1,6751,6751,7531,7661,9352,280 Canada

325325350325350350 Chile

450450450350375425 China

7,7007,7008,1008,5008,6507,647 EU-27

160160210135215180 Kazakhstan

245245235210235245 Mexico

255255285320340303 Norway

3,4003,4005,6005,5005,3004,900 Russia

215215215215210210 Turkey

475500725925550675 Ukraine

643643638613631651 Others

18,49818,77320,97121,11821,79519,932 Subtotal

2,9892,9893,0112,9683,1613,179 United States

21,48721,76223,98224,08624,95623,111 World Total

none

Ending Stocks

7575758910078 Argentina

191191141147183197 Australia

757575757550 Belarus

5085081,1701,527950556 Canada

10310383667789 China

7537531,150972625795 EU-27

173173378581283186 Russia

168193183205170197 Others

2,0462,0713,2553,6622,4632,148 Subtotal

6906901,1661,221969734 United States

2,7362,7614,4214,8833,4322,882 World Total

March 2011

Regional Oats Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

1,873 North America 2,392 1,883 1,678 1,515 1,515

33 South America 30 32 27 30 30


114 Other Europe 108 62 90 65 65


12 Middle East 11 6 5 5 5

14 North Africa 6 5 5 5 5


71 East Asia 81 85 113 110 110

3 Oceania 2 0 0 0 0

2,144 Total 2,657 2,110 1,941 1,760 1,760

Production none

5,361 North America 6,133 5,715 4,405 3,624 3,624

1,234 South America 1,117 897 857 1,121 1,121

7,768 European Union 8,634 8,935 8,505 7,598 7,598

525 Other Europe 553 605 522 522 522


210 Middle East 200 200 210 210 210

110 North Africa 110 110 170 170 170


402 East Asia 352 302 412 422 422

823 Oceania 1,577 1,235 1,255 1,825 1,575

22,817 Total 25,506 25,537 23,520 20,102 19,802


5,704 North America 5,331 4,944 4,999 4,909 4,909

1,228 South America 1,091 896 866 1,101 1,101

7,647 European Union 8,650 8,500 8,100 7,700 7,700

635 Other Europe 680 647 622 587 587


210 Middle East 210 215 215 215 215

123 North Africa 121 115 175 175 175


490 East Asia 445 400 505 510 510

785 Oceania 1,410 1,110 1,050 1,625 1,375

23,193 Total 24,638 24,067 23,937 21,657 21,382

Ending Stocks none

1,298 North America 1,927 2,755 2,341 1,206 1,206

113 South America 126 113 100 110 110

795 European Union 625 972 1,150 753 753

45 Other Europe 34 53 45 45 45


3 Middle East 6 2 2 2 2

1 North Africa 1 1 1 1 1


93 East Asia 81 68 88 110 110

197 Oceania 183 147 141 191 191

2,882 Total 3,432 4,883 4,421 2,761 2,736



March 2011

World Rye Trade


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

TY Exports

25025050507550 Belarus

12512514276167207 Canada

10010013611459313 EU-27

10010093600 Ukraine

0011148964 Others

575575432260390634 Subtotal


580580436266398636 World Total

none

TY Imports

111222 Croatia

1010688836 EU-27

10101011771 Israel

65651035783258 Japan

555768 Korea, South

101014111122 Norway

30030000016 Russia

555444 Switzerland

55061418 Turkey

002300 Others

411411146109215435 Subtotal

4444161493164 Unaccounted

125125129108152137 United States

580580436266398636 World Total


March 2011

World Rye Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10 2010/11

Feb

2010/11

Mar

none

Production

1,2001,2001,7001,5001,3001,200 Belarus

216216280316252383 Canada

7,7477,7479,3889,2627,6796,541 EU-27

505075406830 Kazakhstan

1,6501,6504,3004,5003,9003,000 Russia

270270270250265271 Turkey

4504509501,050550600 Ukraine

171171182205218172 Others

11,75411,75417,14517,12314,23212,197 Subtotal

189189178203160183 United States

11,94311,94317,32317,32614,39212,380 World Total

none

Total Consumption

454555557755 Argentina

1,1001,1001,6001,4001,2001,200 Belarus

135135140152143243 Canada

8,7508,7508,9508,7507,3007,400 EU-27

6565906590258 Japan

505075406530 Kazakhstan

373740596142 Norway

2,1002,1004,3254,4003,7502,950 Russia

275275270275275285 Turkey

700700750800550800 Ukraine

120120121127122173 Others

13,45513,45516,51416,18113,68813,565 Subtotal

298298273292335337 United States

13,75313,75316,78716,47314,02313,902 World Total

none

Ending Stocks

168168318268218193 Belarus

959513912335117 Canada

6706701,7631,4241,017616 EU-27

18181851320 Japan

110110260297213182 Russia

161616163330 Turkey

80804533096565 Ukraine

777755 Others

1,1641,1642,9742,4491,5991,228 Subtotal


1,1881,1882,9982,4621,6091,240 World Total

March 2011

Regional Rye Imports, Production, Consumption, and Stocks


2006/07 2007/08 2008/09 2009/10

Feb

2010/11

Mar

2010/11

TY Imports none

137 North America 152 108 129 125 125

0 South America 0 0 0 0 0


28 Other Europe 17 18 20 16 16


89 Middle East 21 17 10 15 15


266 East Asia 89 64 108 70 70

0 Oceania 0 0 0 0 0

572 Total 367 217 275 536 536

Production none

566 North America 412 519 458 405 405

59 South America 84 63 61 50 50

6,541 European Union 7,679 9,262 9,388 7,747 7,747

90 Other Europe 111 119 98 98 98


271 Middle East 265 250 270 270 270


0 East Asia 0 0 0 0 0

20 Oceania 20 20 20 20 20

12,380 Total 14,392 17,326 17,323 11,943 11,943


580 North America 478 444 413 433 433

59 South America 84 63 61 50 50

7,400 European Union 7,300 8,750 8,950 8,750 8,750

109 Other Europe 140 137 117 114 114


356 Middle East 282 286 280 285 285


266 East Asia 96 72 95 70 70

20 Oceania 20 20 20 20 20

13,773 Total 13,968 16,415 16,689 13,675 13,675

Ending Stocks none

129 North America 45 136 163 119 119

0 South America 0 0 0 0 0

616 European Union 1,017 1,424 1,763 670 670

1 Other Europe 1 1 1 1 1

444 Former Soviet Union - 12 500 880 1,037 364 364

30 Middle East 33 16 16 16 16


20 East Asia 13 5 18 18 18

0 Oceania 0 0 0 0 0

1,240 Total 1,609 2,462 2,998 1,188 1,188



March 2011


34

HISTORICAL DATA SERIES FOR SELECTED REGIONS AND COUNTRIES

CONTENTS

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

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

DG F/SA &F

March 2011

European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Production Imports Exports Feed Dom.

Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

122.4 113.252.820.44.05.024.6 1999/00 16.3

131.7 118.456.315.73.55.026.5 2000/01 17.5

123.4 118.556.512.88.74.825.9 2001/02 18.3

132.6 125.060.018.110.75.026.4 2002/03 18.5

110.6 115.152.49.87.44.524.3 2003/04 11.5

146.9 123.259.214.77.15.726.0 2004/05 27.5

132.4 127.563.015.76.85.125.8 2005/06 23.4

124.9 125.560.213.85.25.124.5 2006/07 14.2

120.1 116.552.412.36.94.924.7 2007/08 12.4

151.1 127.060.525.37.75.726.7 2008/09 19.0

138.1 124.556.522.15.55.425.7 2009/10 15.9

136.1 122.053.021.04.55.325.9 2010/11 13.5

Coarse Grains

147.9 140.1105.813.42.94.433.6 1999/00 22.9

139.9 139.3105.19.34.14.233.0 2000/01 18.3

150.2 143.6107.86.73.94.533.6 2001/02 22.3

148.3 144.9109.37.64.44.532.7 2002/03 22.5

131.7 145.2109.64.28.24.032.7 2003/04 13.0

166.6 152.6116.54.93.05.033.5 2004/05 25.1

146.3 147.5109.44.42.84.532.6 2005/06 22.3

137.4 148.0110.44.78.14.331.8 2006/07 15.2

136.1 154.2118.94.620.34.232.0 2007/08 12.8

161.5 151.5113.65.63.44.833.5 2008/09 20.8

154.2 149.7111.73.03.04.832.4 2009/10 25.3

139.1 153.5115.05.77.44.630.3 2010/11 12.6

Wheat and Coarse Grains

270.4 253.4158.633.86.84.658.2 1999/00 39.2

271.6 257.7161.524.97.64.659.5 2000/01 35.8

273.6 262.0164.319.412.74.659.5 2001/02 40.6

280.9 269.9169.325.715.04.759.2 2002/03 41.0

242.3 260.3162.114.015.64.357.0 2003/04 24.5

313.5 275.8175.719.610.15.359.5 2004/05 52.6

278.6 275.1172.420.19.64.858.4 2005/06 45.7

262.3 273.5170.618.513.34.756.3 2006/07 29.4

256.3 270.7171.316.927.24.556.7 2007/08 25.3

312.6 278.5174.130.911.25.260.1 2008/09 39.7

292.2 274.2168.225.18.55.058.2 2009/10 41.2

275.2 275.5168.026.711.94.956.2 2010/11 26.1

March 2011

China: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

113.9 109.36.50.51.03.928.9 1999/00 102.9

99.6 110.310.00.60.23.726.7 2000/01 91.9

93.9 108.79.01.51.13.824.6 2001/02 76.6

90.3 105.26.51.70.43.823.9 2002/03 60.4

86.5 104.56.02.83.73.922.0 2003/04 43.3

92.0 102.04.01.26.74.321.6 2004/05 38.8

97.4 101.53.51.41.04.322.8 2005/06 34.4

108.5 102.04.02.80.44.623.6 2006/07 38.5

109.3 106.08.02.80.04.623.7 2007/08 39.0

112.5 105.58.00.70.54.823.6 2008/09 45.7

115.1 107.010.00.91.44.724.3 2009/10 54.3

114.5 108.812.01.01.04.724.3 2010/11 60.0

Coarse Grains

137.2 128.892.710.02.34.629.6 1999/00 124.2

114.0 130.494.47.32.44.326.5 2000/01 102.8

122.4 133.096.38.62.04.527.3 2001/02 85.6

130.6 136.398.415.31.84.727.8 2002/03 66.5

124.0 138.399.17.71.54.626.8 2003/04 45.9

138.3 141.1100.37.62.14.928.0 2004/05 37.6

147.8 147.2103.33.82.35.128.8 2005/06 36.7

159.1 153.5104.85.51.25.130.9 2006/07 38.0

158.9 156.8105.60.91.25.031.8 2007/08 40.4

172.4 160.1107.60.21.75.332.2 2008/09 54.1

164.1 167.4112.60.23.84.933.5 2009/10 54.4

174.0 170.2113.40.33.05.233.7 2010/11 61.0


251.1 238.199.210.53.44.358.4 1999/00 227.1

213.6 240.7104.47.92.64.053.1 2000/01 194.7

216.3 241.7105.310.13.14.252.0 2001/02 162.2

220.9 241.5104.917.12.24.351.7 2002/03 126.8

210.5 242.8105.110.55.34.348.8 2003/04 89.2

230.2 243.1104.38.88.84.649.6 2004/05 76.4

245.2 248.7106.85.23.34.751.6 2005/06 71.1

267.6 255.5108.88.21.54.954.5 2006/07 76.5

268.2 262.8113.63.71.24.855.5 2007/08 79.4

284.9 265.6115.60.92.15.155.8 2008/09 99.8

279.2 274.4122.61.15.24.857.7 2009/10 108.7

288.5 279.0125.41.34.05.058.0 2010/11 121.0

March 2011

Other Europe: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

4.2 5.70.70.11.53.31.3 1999/00 1.3

4.6 5.50.70.31.23.31.4 2000/01 1.4

4.9 5.90.90.61.83.41.4 2001/02 1.5

4.9 5.60.90.61.43.51.4 2002/03 1.5

3.9 5.40.70.11.53.11.2 2003/04 1.3

5.4 5.91.00.31.54.01.4 2004/05 2.0

4.2 5.80.90.21.53.71.1 2005/06 1.8

4.3 5.20.70.61.53.61.2 2006/07 1.8

4.4 5.50.80.81.93.71.2 2007/08 1.9

4.7 5.50.90.51.74.21.1 2008/09 2.2

4.6 5.40.80.81.73.81.2 2009/10 2.2

3.9 5.30.70.81.73.61.1 2010/11 1.7

Coarse Grains

12.2 12.511.20.30.64.42.8 1999/00 0.9

8.1 9.07.70.01.03.12.6 2000/01 1.0

10.9 11.19.80.20.84.12.7 2001/02 1.4

11.7 11.49.90.60.64.42.7 2002/03 1.8

9.2 10.89.50.10.83.52.7 2003/04 1.1

12.8 12.210.80.60.64.82.7 2004/05 1.6

12.7 12.010.71.40.74.82.7 2005/06 1.5

11.6 11.510.20.90.94.62.5 2006/07 1.5

9.4 10.49.10.11.03.62.6 2007/08 1.3

12.4 10.99.61.90.64.62.7 2008/09 1.5

11.8 10.79.31.60.74.82.4 2009/10 1.7

12.2 10.38.81.90.74.72.6 2010/11 2.4


16.4 18.211.90.32.14.14.0 1999/00 2.3

12.7 14.58.40.32.23.24.0 2000/01 2.3

15.8 17.010.70.82.63.94.1 2001/02 2.9

16.6 17.010.81.22.04.14.1 2002/03 3.3

13.1 16.210.20.22.33.43.9 2003/04 2.4

18.2 18.111.80.92.14.54.0 2004/05 3.7

16.9 17.811.51.62.14.43.8 2005/06 3.3

15.9 16.810.91.52.44.33.7 2006/07 3.3

13.8 15.910.00.93.03.63.8 2007/08 3.2

17.1 16.410.52.42.34.53.8 2008/09 3.7

16.4 16.210.12.52.44.53.7 2009/10 3.9

16.0 15.69.52.72.44.43.6 2010/11 4.0

March 2011

Former Soviet Union: Grain Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

85.6 72.421.116.05.01.846.5 2004/05 15.0

91.1 75.123.521.15.61.849.4 2005/06 15.5

84.9 72.621.622.65.91.845.9 2006/07 11.2

92.5 74.923.521.96.11.947.5 2007/08 13.0

115.4 76.324.737.76.52.251.7 2008/09 20.9

113.9 80.327.736.75.42.154.9 2009/10 23.2

81.0 82.530.513.75.71.652.0 2010/11 13.7

Coarse Grains

63.3 55.238.78.11.12.031.2 2004/05 7.6

55.7 50.734.78.61.12.028.4 2005/06 5.1

58.9 51.235.68.51.02.029.8 2006/07 5.3

54.3 50.735.25.31.01.929.3 2007/08 4.6

78.9 58.441.817.10.62.630.7 2008/09 8.7

68.1 55.339.615.00.42.329.2 2009/10 6.9

47.6 42.328.89.51.51.825.9 2010/11 4.2

March 2011

Millions of Tons/Hectares

Former Soviet Union: Grain Supply and Demand (Wheat)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

ProductionYieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

16.5 7.52.78.20.01.312.9 2007/08 2.6

12.5 7.52.75.70.10.913.5 2008/09 2.0

17.1 7.62.77.90.11.214.8 2009/10 3.7

9.7 6.62.15.00.10.714.5 2010/11 1.9

Russia

49.4 37.715.012.20.42.024.4 2007/08 4.0

63.7 38.916.218.40.22.426.7 2008/09 10.6

61.7 42.019.018.60.22.128.7 2009/10 11.9

41.5 46.023.04.00.51.626.6 2010/11 3.9

Ukraine

13.9 12.33.01.20.32.36.0 2007/08 2.1

25.9 11.92.913.00.13.77.1 2008/09 3.1

20.9 12.33.39.30.03.16.8 2009/10 2.4

16.9 11.62.84.00.12.76.3 2010/11 3.7

Uzbekistan

6.2 6.81.20.21.14.81.3 2007/08 1.4

6.0 7.11.30.21.44.41.4 2008/09 1.5

6.2 7.41.30.41.74.41.4 2009/10 1.6

6.5 7.51.30.51.34.61.4 2010/11 1.5

Other Former Soviet Union - 12

6.5 10.61.60.14.22.23.0 2007/08 3.0

7.3 10.91.60.44.72.33.1 2008/09 3.7

8.0 11.11.50.63.52.43.3 2009/10 3.6

6.4 10.81.40.23.82.03.2 2010/11 2.8

Total Former Soviet Union - 12

92.5 74.923.521.96.11.947.5 2007/08 13.0

115.4 76.324.737.76.52.251.7 2008/09 20.9

113.9 80.327.736.75.42.154.9 2009/10 23.2

81.0 82.530.513.75.71.652.0 2010/11 13.7

March 2011


Former Soviet Union: Grain Supply and Demand (Barley)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports



Kazakhstan

2.4 1.71.40.80.01.31.9 2007/08 0.3

2.1 1.91.60.30.11.02.1 2008/09 0.3

2.5 2.01.70.40.01.41.8 2009/10 0.5

1.3 1.31.00.20.00.81.6 2010/11 0.3

Russia

15.7 15.110.51.00.21.69.6 2007/08 1.0

23.1 17.112.33.40.12.49.6 2008/09 3.6

17.9 16.812.32.70.02.09.1 2009/10 2.1

8.3 9.55.60.30.31.27.2 2010/11 0.9

Ukraine

6.0 5.03.41.00.01.54.1 2007/08 0.8

12.6 5.94.36.40.03.04.2 2008/09 1.1

11.8 5.74.26.20.02.45.0 2009/10 1.0

8.5 5.74.23.00.02.04.3 2010/11 0.8

Uzbekistan

0.2 0.30.20.00.03.20.1 2007/08 0.0

0.2 0.30.20.00.03.20.1 2008/09 0.0

0.2 0.30.20.00.03.20.1 2009/10 0.0

0.2 0.30.20.00.03.20.1 2010/11 0.0


2.8 2.92.00.00.12.21.3 2007/08 0.4

3.6 3.62.80.00.12.81.3 2008/09 0.4

3.0 3.12.30.00.12.51.2 2009/10 0.4

2.6 2.82.00.00.22.11.2 2010/11 0.3


27.1 24.917.52.90.41.616.9 2007/08 2.5

41.6 28.721.210.10.22.417.2 2008/09 5.4

35.5 27.820.79.30.22.117.2 2009/10 4.0

20.9 19.613.03.50.51.514.4 2010/11 2.3

March 2011


Former Soviet Union: Grain Supply and Demand (Corn)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports



Kazakhstan

0.4 0.40.30.00.04.50.1 2007/08 0.0

0.4 0.40.30.00.04.30.1 2008/09 0.0

0.5 0.40.30.00.04.70.1 2009/10 0.0

0.3 0.30.20.00.03.10.1 2010/11 0.0

Russia

4.0 4.33.70.00.33.01.3 2007/08 0.2

6.6 5.24.51.30.14.01.7 2008/09 0.3

4.0 3.73.20.40.13.61.1 2009/10 0.2

3.1 3.63.10.00.53.01.0 2010/11 0.1

Ukraine

7.4 5.85.02.10.03.91.9 2007/08 0.7

11.4 5.95.15.50.04.82.4 2008/09 0.7

10.5 5.54.85.10.05.02.1 2009/10 0.7

11.9 6.45.75.50.04.52.7 2010/11 0.7

Uzbekistan

0.2 0.20.10.00.04.60.0 2007/08 0.0

0.2 0.20.20.00.04.60.0 2008/09 0.0

0.2 0.20.20.00.04.60.0 2009/10 0.0

0.2 0.20.20.00.04.60.0 2010/11 0.0


2.1 2.52.30.00.22.50.8 2007/08 0.3

3.2 3.33.00.10.33.90.8 2008/09 0.5

3.0 3.12.80.10.23.60.8 2009/10 0.4

3.1 3.33.00.10.23.90.8 2010/11 0.4


14.0 13.111.42.10.63.44.2 2007/08 1.1

21.8 14.913.06.90.44.35.0 2008/09 1.6

18.0 12.911.35.60.24.34.2 2009/10 1.3

18.6 13.812.15.60.74.04.6 2010/11 1.2

March 2011

Million Metric Tons/Hectares

Wheat Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Wheat Competitors

Argentina

12.7 5.30.16.80.02.06.2 2002/03 1.3

15.1 5.40.19.50.02.56.0 2003/04 1.6

16.9 5.40.111.90.02.66.4 2004/05 1.3

13.8 5.10.09.60.02.55.5 2005/06 0.4

16.3 5.40.110.70.02.66.2 2006/07 0.6

18.6 5.70.111.20.02.86.6 2007/08 2.4

11.0 5.30.06.80.02.15.3 2008/09 1.3

11.0 5.80.05.10.03.03.7 2009/10 1.4

15.0 5.90.08.50.13.54.3 2010/11 2.1

Australia

10.1 6.13.49.10.30.911.1 2002/03 3.2

26.1 6.03.218.00.12.013.1 2003/04 5.4

21.9 6.03.214.70.11.613.4 2004/05 6.7

25.2 6.63.716.00.12.012.5 2005/06 9.4

10.8 7.64.78.70.10.911.8 2006/07 4.0

13.6 6.53.57.50.11.112.6 2007/08 3.7

21.4 6.93.814.70.11.613.5 2008/09 3.6

21.9 6.73.714.80.11.614.0 2009/10 4.1

26.0 9.05.913.50.11.913.4 2010/11 7.7

Canada

16.2 8.03.79.40.41.88.8 2002/03 5.7

23.0 7.23.115.80.22.310.2 2003/04 6.0

24.8 8.23.814.90.32.69.4 2004/05 7.9

25.7 8.23.816.00.32.79.4 2005/06 9.7

25.3 9.04.519.40.32.69.7 2006/07 6.9

20.1 6.82.216.10.42.38.6 2007/08 4.4

28.6 8.03.318.80.42.910.0 2008/09 6.5

26.8 7.02.319.00.42.89.6 2009/10 7.8

23.2 8.23.617.50.42.88.3 2010/11 5.7

Total Wheat Competitors

39.0 19.47.225.40.71.526.1 2002/03 10.2

64.3 18.56.443.30.32.229.2 2003/04 13.0

63.6 19.67.141.50.32.229.2 2004/05 15.9

64.7 19.97.541.70.42.427.3 2005/06 19.4

March 2011


Wheat Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


52.4 21.99.338.90.41.927.7 2006/07 11.4

52.2 18.95.834.80.51.927.8 2007/08 10.4

61.0 20.27.140.30.52.128.8 2008/09 11.4

59.8 19.56.038.90.52.227.3 2009/10 13.3

64.2 23.19.539.50.62.525.9 2010/11 15.5

India

71.8 74.30.64.90.02.825.9 2002/03 15.7

65.1 68.30.65.70.02.624.9 2003/04 6.9

72.2 72.80.52.10.02.726.6 2004/05 4.1

68.6 70.00.30.80.02.626.5 2005/06 2.0

69.4 73.50.30.16.72.626.4 2006/07 4.5

75.8 76.40.20.02.02.728.0 2007/08 5.8

78.6 70.90.10.00.02.828.2 2008/09 13.4

80.7 78.20.10.10.32.927.8 2009/10 16.2

80.8 82.50.10.20.32.828.5 2010/11 14.6

Turkey

16.8 16.81.00.81.22.08.6 2002/03 1.4

16.8 16.81.00.81.12.08.6 2003/04 1.7

18.5 16.81.02.00.42.28.6 2004/05 1.8

18.5 16.10.43.20.12.28.6 2005/06 1.1

17.5 16.70.82.41.72.08.6 2006/07 1.3

15.5 16.80.81.72.22.07.7 2007/08 0.4

16.8 16.90.72.23.52.27.7 2008/09 1.5

18.5 17.10.84.43.22.47.8 2009/10 1.7

17.0 17.20.73.02.52.18.0 2010/11 1.0

March 2011


Corn Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Argentina

15.5 4.12.511.20.06.32.5 2002/03 0.8

15.0 4.42.810.90.06.42.3 2003/04 0.4

20.5 5.23.514.60.07.42.8 2004/05 1.1

15.8 6.24.49.50.16.52.4 2005/06 1.3

22.5 6.74.815.30.08.02.8 2006/07 1.8

22.0 7.05.114.80.16.53.4 2007/08 2.2

15.5 6.44.510.30.06.22.5 2008/09 1.0

22.8 6.95.016.50.38.42.7 2009/10 0.6

22.0 7.35.314.50.16.93.2 2010/11 0.9

China

121.3 125.996.015.20.04.924.6 2002/03 65.0

115.8 128.497.07.60.04.824.1 2003/04 44.9

130.3 131.098.07.60.05.125.4 2004/05 36.6

139.4 137.0101.03.70.15.326.4 2005/06 35.3

151.6 145.0104.05.30.05.328.5 2006/07 36.6

152.3 149.0105.00.50.05.229.5 2007/08 39.4

165.9 152.0107.00.20.05.629.9 2008/09 53.2

158.0 159.0112.00.21.35.131.2 2009/10 53.3

168.0 162.0113.00.21.05.331.5 2010/11 60.1

South Africa

9.7 8.54.01.10.42.73.7 2002/03 2.4

9.7 8.74.10.70.22.93.3 2003/04 3.0

11.7 9.75.02.10.43.63.2 2004/05 3.2

6.9 8.24.00.50.93.42.0 2005/06 2.3

7.3 8.64.40.51.12.52.9 2006/07 1.7

13.2 9.64.32.20.04.03.3 2007/08 3.1

12.6 9.94.31.70.04.32.9 2008/09 4.1

13.4 10.44.72.00.04.13.3 2009/10 5.2

12.5 10.75.02.50.04.23.0 2010/11 4.5

Brazil

44.5 35.830.04.60.73.413.0 2002/03 6.3

42.0 36.330.54.40.43.412.4 2003/04 7.9

35.0 38.532.10.70.53.011.6 2004/05 4.2

41.7 39.533.04.51.13.212.9 2005/06 3.0

51.0 41.034.510.81.43.614.0 2006/07 3.6

58.6 42.536.07.80.74.014.7 2007/08 12.6

March 2011


Corn Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


51.0 45.538.57.11.13.614.1 2008/09 12.1

56.1 47.040.011.60.64.312.9 2009/10 10.1

53.0 48.341.37.01.04.112.9 2010/11 8.8

Total Corn Competitors

191.0 174.3132.532.21.24.443.7 2002/03 74.4

182.5 177.8134.423.70.64.342.1 2003/04 56.1

197.5 184.4138.625.00.94.643.0 2004/05 45.1

203.8 190.9142.418.32.24.743.7 2005/06 41.9

232.4 201.3147.731.92.64.848.2 2006/07 43.7

246.1 208.1150.425.30.94.850.9 2007/08 57.2

245.0 213.8154.319.31.25.049.4 2008/09 70.4

250.3 223.3161.730.32.15.050.1 2009/10 69.2

255.5 228.3164.624.22.15.050.6 2010/11 74.4

March 2011


Barley Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Australia

3.9 2.71.82.00.01.03.9 2002/03 0.9

10.4 3.12.26.40.02.34.5 2003/04 1.9

7.7 3.52.54.30.01.74.6 2004/05 1.9

9.5 3.52.55.30.02.24.4 2005/06 2.6

4.3 4.02.91.90.01.04.2 2006/07 1.0

7.2 3.12.13.40.01.54.9 2007/08 1.7

8.0 4.02.93.20.01.65.0 2008/09 2.4

7.9 4.53.33.90.01.84.4 2009/10 1.9

9.3 4.73.44.70.02.34.1 2010/11 1.8

Canada

7.5 7.96.50.40.22.23.3 2002/03 1.5

12.2 9.78.41.80.02.84.4 2003/04 2.1

12.6 10.18.81.20.13.33.8 2004/05 3.4

11.7 9.68.42.30.03.23.6 2005/06 3.3

9.6 10.28.81.20.03.03.2 2006/07 1.5

11.0 7.96.63.00.12.74.0 2007/08 1.6

11.8 9.17.71.50.03.43.5 2008/09 2.8

9.5 8.57.31.30.03.32.9 2009/10 2.6

7.6 7.66.51.30.13.22.4 2010/11 1.3

EU-27

58.2 55.439.35.21.14.214.0 2002/03 8.7

55.8 58.041.82.60.74.014.1 2003/04 4.5

64.1 54.638.63.30.34.713.7 2004/05 11.1

54.8 54.138.23.30.14.013.8 2005/06 8.5

56.2 55.738.73.50.24.113.8 2006/07 5.8

57.5 54.238.73.80.34.213.8 2007/08 5.7

65.5 57.041.53.60.34.514.5 2008/09 10.9

62.0 56.541.51.10.14.414.0 2009/10 15.4

53.4 59.544.04.30.24.312.5 2010/11 5.1

March 2011


Sorghum Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports


Argentina

2.8 2.32.10.60.05.10.6 2002/03 0.5

2.2 2.01.90.20.04.60.5 2003/04 0.4

2.9 2.62.40.40.05.20.6 2004/05 0.4

2.3 2.32.10.20.04.70.5 2005/06 0.2

2.8 1.71.51.10.04.70.6 2006/07 0.2

2.9 1.21.01.20.04.70.6 2007/08 0.7

1.7 1.11.01.10.03.70.5 2008/09 0.2

3.6 1.91.71.70.04.80.8 2009/10 0.2

3.8 2.32.11.40.04.80.8 2010/11 0.3

Australia

1.5 1.41.40.10.02.20.7 2002/03 0.1

2.0 1.41.40.60.02.70.7 2003/04 0.1

2.0 1.81.80.20.02.70.8 2004/05 0.1

1.9 1.91.90.10.02.50.8 2005/06 0.0

1.3 1.21.20.10.02.10.6 2006/07 0.0

3.8 2.22.20.80.04.00.9 2007/08 0.8

2.7 1.81.81.00.03.50.8 2008/09 0.7

1.6 1.21.20.40.03.10.5 2009/10 0.7

2.2 1.41.41.00.03.40.6 2010/11 0.5

March 2011

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

17,86734,2936,94627,10127,6353,3993,45668,016nr322,541 2008/09

26,55230,9324,07324,17523,9773,1803,22860,366nr320,191 2009/10

22,94332,0064,62735,00034,7002,9502,99460,103nr319,278 2010/11

Corn

42,504259,272131,62547,75846,965337344307,142nr1031,796 2008/09

43,380281,423130,57449,88750,462237212332,549nr1032,169 2009/10

17,137293,384132,08650,00049,532500508316,165nr1032,960 2010/11

Sorghum

1,3908,3195,9073,5983,6323311,998nr42,942 2008/09

1,0485,8493,5634,0844,221009,728nr42,234 2009/10

9315,0802,7943,8003,810008,773nr51,946 2010/11

Barley

1,9325,1271,4511582885726325,230nr31,529 2008/09

2,5154,6041,0401511233023614,949nr41,260 2009/10

2,0204,4649802001742002183,925nr4998 2010/11

Oats

1,2212,9681,88038491,7871,9751,294nr2567 2008/09

1,1663,0111,92838311,6111,6361,351nr2558 2009/10

6902,9891,88745441,4001,3791,178nr2511 2010/11

Rye

132925668108100203nr2109 2008/09

242733742129108178nr2102 2009/10

242986155125114189nr2107 2010/11

Rice, Milled

9603,964nr2,9833,0046826106,4009,24281,204 2008/09

1,1543,861nr3,8153,4665626046,9179,97381,256 2009/10

1,6224,010nr3,4253,5656205727,47111,02781,463 2010/11

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.

March 2011

Total Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Production TY Exports Feed Dom.

Consumpti

Domestic

Consumpti

Ending

Stocks


1,204.0 281.01,178.3573.5196.92.0587.8 1981/82

1,248.0 332.11,197.1593.4189.62.2576.9 1982/83

1,162.5 278.51,216.1588.4193.22.1563.8 1983/84

1,315.0 340.01,253.5609.9203.62.3567.0 1984/85

1,328.5 420.61,247.9613.1165.22.3570.9 1985/86

1,348.0 469.21,299.4644.2174.72.4565.6 1986/87

1,285.9 423.11,329.8655.1202.22.4544.8 1987/88

1,218.1 339.31,302.0618.2203.32.2542.4 1988/89

1,327.4 320.51,346.2642.9208.92.4548.9 1989/90

1,417.6 368.71,369.5667.3190.12.6549.0 1990/91

1,355.7 359.51,364.9650.1207.52.5546.3 1991/92

1,431.6 398.41,389.9662.3205.22.6548.8 1992/93

1,356.1 365.21,389.2654.0188.22.5539.2 1993/94

1,392.5 361.71,396.0666.9200.12.6537.6 1994/95

1,338.5 319.31,380.9637.4187.52.5533.4 1995/96

1,490.5 367.41,442.4670.4198.42.7552.9 1996/97

1,491.6 414.71,444.3680.8190.32.8539.5 1997/98

1,481.9 447.61,449.0681.0198.72.8534.0 1998/99

1,464.9 443.31,468.6686.0214.32.8514.7 1999/00

1,446.5 419.51,470.3693.8205.12.8514.0 2000/01

1,480.0 403.61,495.9708.4208.52.9516.4 2001/02

1,442.1 340.31,505.4706.1209.62.8506.5 2002/03

1,470.9 277.11,534.1712.2206.22.9516.1 2003/04

1,642.1 333.01,586.2751.3215.23.2517.8 2004/05

1,598.9 316.11,615.8750.8222.73.1520.5 2005/06

1,583.6 271.11,628.6740.8230.43.1518.1 2006/07

1,690.3 288.51,672.9752.5245.33.2535.9 2007/08

1,794.3 361.41,721.4763.8253.83.3538.3 2008/09

1,790.0 392.51,758.9764.3253.53.3535.8 2009/10

1,727.3 336.81,782.9771.5241.23.3528.4 2010/11

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.

March 2011

World Wheat and Coarse Grains: Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Wheat

495.3 135.3519.5104.0104.32.3217.9 1988/89

533.1 137.1531.3103.7103.92.4226.3 1989/90

588.8 171.6554.3130.1101.32.5231.7 1990/91

543.5 163.2551.8113.8111.42.4223.4 1991/92

562.6 177.0548.5110.9113.22.5222.8 1992/93

558.5 182.5553.0108.0101.72.5221.8 1993/94

523.0 163.4542.199.6101.52.4214.5 1994/95

537.5 155.9545.192.799.22.5219.1 1995/96

581.5 164.5572.897.4104.02.5230.3 1996/97

610.2 198.1576.7101.9104.52.7228.5 1997/98

590.4 209.2579.2105.3102.02.6225.4 1998/99

586.8 210.3585.8100.5111.92.7215.7 1999/00

583.1 207.7585.7105.2102.42.7218.0 2000/01

583.5 204.4586.8107.2108.02.7215.6 2001/02

568.6 168.6604.3111.6106.82.6215.1 2002/03

554.8 134.1589.397.3103.62.6209.9 2003/04

626.7 153.2607.6106.6113.92.9217.6 2004/05

619.2 150.3622.1112.6114.12.8219.7 2005/06

596.1 130.3616.1107.9115.62.8213.3 2006/07

611.2 124.8616.898.1116.42.8217.9 2007/08

684.2 167.2641.7117.9143.23.0225.3 2008/09

682.6 197.3652.5116.6134.23.0226.5 2009/10

647.6 181.9663.0122.5124.32.9221.8 2010/11

Coarse Grains

722.8 204.0782.5514.299.02.2324.6 1988/89

794.3 183.4814.9539.2105.02.5322.5 1989/90

828.8 197.1815.2537.388.92.6317.2 1990/91

812.2 196.3813.1536.296.22.5322.9 1991/92

868.9 221.3841.4551.391.92.7326.0 1992/93

797.6 182.7836.2546.186.52.5317.4 1993/94

869.4 198.3853.8567.498.62.7323.1 1994/95

800.9 163.4835.8544.788.32.5314.4 1995/96

909.0 202.9869.6573.094.42.8322.6 1996/97

881.4 216.7867.6578.985.82.8311.0 1997/98

891.4 238.3869.8575.796.72.9308.6 1998/99

878.1 233.1882.8585.5102.42.9299.0 1999/00

863.4 211.8884.6588.6102.72.9296.0 2000/01

896.6 199.3909.1601.3100.53.0300.9 2001/02

873.5 171.7901.0594.5102.83.0291.5 2002/03

916.1 143.0944.8614.9102.63.0306.1 2003/04

1,015.4 179.8978.6644.7101.33.4300.3 2004/05

979.6 165.8993.7638.2108.63.3300.8 2005/06

987.5 140.81,012.5632.9114.73.2304.8 2006/07

1,079.1 163.71,056.2654.4128.93.4318.0 2007/08

1,110.1 194.11,079.7645.9110.73.5313.0 2008/09

1,107.4 195.11,106.4647.7119.33.6309.3 2009/10

1,079.7 154.91,119.9649.0116.93.5306.6 2010/11

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.

March 2011

World Corn and Barley: Supply and Demand


Area

Harvested


Consumpti

Domestic

Consumpti

Ending

Stocks

Corn

400.4 145.3452.8306.866.03.2126.1 1988/89

461.7 132.9474.1324.874.53.6127.3 1989/90

482.0 141.4473.4318.558.83.7129.2 1990/91

493.0 141.0493.3334.463.03.7132.6 1991/92

535.6 162.7512.1348.762.64.0133.2 1992/93

475.8 129.4509.0342.057.43.6130.7 1993/94

559.3 153.2535.6371.571.94.1135.2 1994/95

516.4 133.0536.6365.164.83.8135.0 1995/96

593.0 165.8560.1387.766.74.2141.7 1996/97

574.5 166.5573.8400.463.14.2136.3 1997/98

606.0 191.0581.5404.368.74.4139.2 1998/99

608.1 193.9605.3422.472.34.4139.1 1999/00

591.5 175.1610.3427.475.94.3137.2 2000/01

601.4 151.3625.1436.372.84.4137.7 2001/02

603.1 127.0627.4432.877.04.4137.2 2002/03

627.4 105.2649.2445.479.14.4141.9 2003/04

715.7 131.8689.2475.276.04.9145.3 2004/05

699.5 124.7706.6477.882.74.8145.5 2005/06

713.6 110.1728.1477.691.54.8149.6 2006/07

793.8 131.4772.5497.098.34.9160.5 2007/08

798.4 147.8781.9479.184.05.0158.2 2008/09

812.4 144.5815.7482.793.25.2157.0 2009/10

813.8 123.1835.2493.092.15.1160.2 2010/11

Barley

164.4 31.7166.3121.919.02.276.3 1988/89

166.2 27.5170.4126.018.52.373.7 1989/90

179.5 31.5175.5130.819.62.573.0 1990/91

169.9 34.9166.5120.319.42.276.6 1991/92

166.3 35.0165.6119.016.42.373.1 1992/93

169.0 34.9169.1123.818.82.373.8 1993/94

160.7 30.0165.6120.915.32.272.8 1994/95

141.2 20.5150.7107.813.42.168.6 1995/96

153.1 24.1149.5106.317.92.365.6 1996/97

153.9 32.2145.8104.012.82.464.5 1997/98

136.0 29.0139.399.517.82.260.8 1998/99

127.4 23.8132.594.017.82.354.5 1999/00

133.1 22.5134.494.616.22.553.9 2000/01

143.5 29.2136.895.517.22.556.4 2001/02

134.4 27.4136.295.016.32.455.7 2002/03

142.3 23.3146.3102.714.82.459.7 2003/04

152.2 33.0142.6100.217.02.657.9 2004/05

136.2 28.1141.197.317.52.456.0 2005/06

136.4 21.3143.298.114.62.456.8 2006/07

132.9 20.1134.091.418.62.357.3 2007/08

155.6 31.1144.7100.818.22.855.9 2008/09

149.6 36.5144.2100.417.32.755.3 2009/10

124.2 22.1138.594.916.02.550.6 2010/11

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.

March 2011

World Rice: Supply and Demand


Area

Harvested

Yield Rough

Production

Production TY Exports Domestic

Consumpti

Ending

Stocks

Rice, Milled

408.3 50.5280.011.3277.92.8144.4 1981/82

418.2 56.8278.711.2285.03.0140.5 1982/83

450.9 69.3294.411.9306.93.1144.6 1983/84

464.9 87.7298.411.0316.83.2144.1 1984/85

467.3 97.7308.011.8318.03.2144.7 1985/86

464.6 103.3310.412.9316.13.2144.8 1986/87

464.8 105.3313.111.4315.13.3141.4 1987/88

490.8 111.7325.714.0332.13.3146.6 1988/89

510.3 120.6336.311.7345.23.5147.8 1989/90

519.4 126.7345.312.3351.43.5147.0 1990/91

522.8 126.7353.214.4353.23.5147.5 1991/92

524.2 123.2357.514.9354.03.6146.5 1992/93

526.1 119.0358.916.6354.73.6145.3 1993/94

539.7 117.6365.420.8364.03.7147.3 1994/95

547.3 118.1368.319.7368.83.7148.3 1995/96

565.4 120.3379.318.9381.53.8150.0 1996/97

575.0 127.7379.827.6387.33.8151.3 1997/98

586.9 134.0388.624.8394.93.8152.7 1998/99

608.9 143.1400.322.8409.33.9155.3 1999/00

594.4 146.6395.824.4399.43.9151.9 2000/01

595.5 132.8413.927.8400.13.9150.9 2001/02

564.2 102.9408.927.5379.03.9146.4 2002/03

586.0 81.5414.127.2392.73.9148.9 2003/04

597.5 73.7409.028.9401.33.9151.3 2004/05

623.8 76.2416.129.0418.64.1153.4 2005/06

627.0 74.8421.731.9420.34.1154.2 2006/07

647.2 80.3428.129.7433.64.2155.1 2007/08

670.5 91.5436.929.3448.14.2157.8 2008/09

660.6 94.3438.131.1440.94.2156.2 2009/10

676.3 98.8447.030.2451.54.3158.5 2010/11

Notes: Stocks, exports and consumption are expressed on a milled basis in marketing years.

March 2011


53

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, 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, Croatia, 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.

March 2011


54

OTHER NOTES Local Marketing Years (LMY): LMY refers to the 12-month period following 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 (2008/09 starts in 2008); except for summer grains in certain Southern Hemisphere countries and for rice in selected countries, where the second year begins the LMY (2008/09 starts in 2009). 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) EU-27 (Jul/Jun) United States (Sep/Aug) China (Jul/Jun) South Africa (May/Apr) Russia (Jul/Jun) EU-27 (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 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 and Romania, 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

March 2011

http://www.fas.usda.gov/psdonline/psdAvailability.aspx�


55

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. Unaccounted: This term includes grain in transit, reporting discrepancies in some countries, and trade to countries outside the USDA database. The Field Crops and Livestock Branch, Industry and Sector Analysis Division, 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) 720-6590. Note: The previous report in this series was the Grain: World Markets and Trade Foreign Agricultural Service Circular FG 02-11 February 2011. For further details on world grain production, please see World Agricultural Production Foreign Agricultural Service Circular WAP 03-11 March 2011. This circular is available in its entirety on the World Wide Web via the Foreign Agricultural Service Home Page. The address is: http://www.fas.usda.gov

March 2011

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