Grains

Grain: World Markets and Trade

Approved by the World Agricultural Outlook Board - USDA

United StatesDepartment ofAgriculture

ForeignAgriculturalService

February 2015

India and Thailand Drive Record Global Rice Trade in 2014

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Globalricetradeexpanded9percenttoarecord43milliontonsin2014,supportedbyabundantexportablesuppliesinIndiaandThailand,lowerprices,andstrongdemand.Witharecordcropandlargestocks,Indiaactivelypursuedmarketsoverseas.ThailandalsoaggressivelysoughtexportopportunitiestoreducemassivestocksfromthediscontinuedPaddyPledgingScheme.Competitionfromthesetwocountriespushedpricesdownandstimulatedimports,butsqueezedopportunitiesforotherexporters,especiallyVietnam,Pakistan,andtheUnitedStates.For2015,globaltradeisforecasttobemarginallylowerasIndiassmallercropanduseinthePublicDistributionSystemareexpectedtocurbexports.IncreasedtradebyVietnam,Pakistan,andtheUnitedStatesareexpectedtopartiallyoffsettheslowdownfromIndia.Thailandsexportsareforecasttoremainstrongduetogovernment-ledsales.Theimpactfromongoingdryweatheronexportablesuppliesisexpectedtobeminimalasthecountryhasamplestocks.Globaltradeisforecasttoremainstrongspurredbydecliningprices.

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Grain: World Markets and Trade, February 2015

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TABLE OF CONTENTS

World Markets and Trade: Commentary and Current DataWheat .................................................................................................................4Rice ..................................................................................................................10Coarse Grains...................................................................................................15

Historical Data Series for Selected Regions and Countries ............................35

Endnotes to Grain: World Markets and Trade ...............................................54

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.aspxGlobal 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 Attach 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 February 2015Office of Global Analysis

All Grain Summary Comparison

Marketing Year

Wheat Rice, Milled Corn

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

Production

United States (Jun-May) 61.3 58.1 55.1 6.3 6.1 7.1 273.2 351.3 361.1

Other 597.2 658.0 669.9 465.7 471.0 467.5 594.8 637.7 630.2

World Total 658.5 716.1 725.0 472.0 477.1 474.6 868.0 989.0 991.3

Domestic Consumption


Other 648.9 660.8 679.7 462.0 473.5 476.3 605.7 651.9 670.3

World Total 686.7 695.0 711.9 465.8 477.5 480.5 868.7 944.9 972.4

Ending Stocks


Other 156.0 171.4 179.0 109.0 105.8 96.9 117.2 142.5 143.2

World Total 175.5 187.5 197.8 110.2 106.8 98.2 138.1 173.8 189.6

TY Imports


Other 140.2 153.8 152.4 35.8 39.7 39.3 94.5 122.3 111.1

World Total 143.6 158.6 156.6 36.5 40.5 40.0 98.8 123.0 111.8

TY Exports


Other 119.4 130.6 135.1 36.1 39.9 38.8 82.2 79.0 72.4

World Total 147.1 162.1 160.1 39.4 42.9 42.2 100.5 129.7 116.9

Note: Consumption in this table has not been adjusted for differences in marketing year imports and exports and therefore differs from global totals shown elsewhere.

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



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WHEAT: WORLD MARKETS AND TRADE OVERVIEW Global production for 2014/15 is projected at a new record. Production is raised for Argentina, Kazakhstan, EU, Turkey, and Ukraine. Global trade is nearly unchanged as import cuts for Bangladesh, Brazil, Turkey, and the United States are more than offset by increases for Egypt, Philippines, Saudi Arabia, and Sri Lanka. Exports are cut for Australia and the United States but raised for Brazil and the EU. The U.S. season-average farm price is lowered slightly.

BRAZILS IMPORTS OF U.S. WHEAT LIKELY TO DROP AFTER RECORD YEAR

U.S. wheat exports to Brazil are likely to drop significantly in 2014/15 compared to last year on competition from traditional South American suppliers. Brazil also has record production, and imports are forecast slightly lower than last year. Argentina, Paraguay, and Uruguay have recently harvested larger crops and are expected to export more to Brazil. Mercosur exporters have freight and logistical advantages in addition to tariff-free access, while others, including the United States, are subject to a 10% import duty. The situation is very different from last year, when U.S. wheat filled an unusual gap left by short crops in both Argentina and Paraguay.

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U.S. PRICES:

Domestic: Export prices for all wheat classes continued their downward trajectory in January. Abundant global supplies, strengthening currency, and expectations of large crops again in 2015/16 pressured prices. Hard Red Spring (HRS) plunged $38 to $269/ton, Hard Red Winter (HRW) prices slid $28 to $246/ton, Soft Red Winter (SRW) fell $31 to $232/ton, and Soft White Winter (SWW) tumbled $22 to $239/ton. TRADE CHANGES IN 2014/15 Selected Exporters

Australia is cut 500,000 tons to 17.5 million because of slow early-season shipments.

Brazil is up 500,000 tons to 1.5 million in light of recent large shipments of lower-quality wheat.

EU is boosted 1.0 million tons to 31.0 million on the recent surge of sales to Algeria, Egypt, and Saudi Arabia. The EU is now the most competitive supplier to the Middle East and North Africa.

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United States is cut 500,000 tons to 25.0 million on slow shipments and reduced

competitiveness. Selected Importers

Bangladesh is lowered 300,000 tons to 3.3 million on a slower-than-expected shipment pace.

Brazil is trimmed 300,000 tons to 6.7 million as shipments have been below historical levels over the last several months.

Egypt is raised 500,000 tons to 10.5 million on continued large purchases despite the bread subsidy change.

United States is cut 500,000 tons to 4.2 million on slow shipments to date.


World Wheat, Flour, and Products TradeJuly/June Year, Thousand Metric Tons

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

2014/15Feb

none

TY Exports6,0006,0001,6017,45011,9517,742 Argentina

17,50018,00018,33921,26923,03118,455 Australia

1,5001,000811,7531,8602,539 Brazil

23,50023,50022,15718,58417,60316,768 Canada

31,00030,00031,92522,67716,72823,086 European Union

2,2002,2005,3548,6511,72373 India

6,0006,0008,0006,80111,0695,519 Kazakhstan

20,00020,00018,53411,28921,6273,983 Russia

3,8003,8004,2943,5833,6782,944 Turkey

11,00011,0009,7557,1905,4364,302 Ukraine

12,62012,52010,59810,11210,96812,633 Others

135,120134,020130,638119,359125,67498,044 Subtotal25,00025,50031,49727,73428,14436,098 United States

160,120159,520162,135147,093153,818134,142 World Totalnone

TY Imports2,0002,0002,0501,6002,2002,000 Afghanistan

7,4007,4007,4846,4846,5006,516 Algeria

3,3003,6003,3542,7252,0393,951 Bangladesh

6,7007,0007,0617,5477,0536,742 Brazil

10,50010,00010,1708,30011,65010,600 Egypt

5,5005,5003,9825,2777,3624,621 European Union

7,7007,7007,3927,1466,4576,606 Indonesia

6,5006,5006,6005,6002,400200 Iran

3,0003,0003,2463,9483,7843,631 Iraq

1,8001,8001,6671,4462,0291,393 Israel

6,0006,0006,1236,5986,3545,869 Japan

3,8003,8004,2885,4395,1884,761 Korea, South

1,8501,8502,0491,9461,5611,474 Libya

4,6004,6004,6363,8265,0203,404 Mexico

3,1003,0003,8923,8253,6714,019 Morocco

4,7504,7504,5504,1403,9314,052 Nigeria

3,8003,6003,4823,6454,0753,224 Philippines

3,4503,2503,4291,9212,9041,739 Saudi Arabia

2,6002,6002,6641,7932,3601,595 Sudan

2,0002,0001,579963680428 Syria

2,0002,0001,6931,8452,6461,943 Thailand

5,3005,5004,1543,3124,4133,545 Turkey

2,1002,1002,2241,8632,6981,618 Uzbekistan

2,1002,1002,1581,6712,7112,459 Vietnam

3,6003,6003,4253,1492,6852,816 Yemen

46,95046,05550,47944,14245,79338,693 Others

152,400151,305153,831140,151148,164127,899 Subtotal3,5203,5153,5373,5002,6303,645 Unaccounted4,2004,7004,7673,4423,0242,598 United States

160,120159,520162,135147,093153,818134,142 World Total

TY=Trade Year, see Endnotes.


World Wheat Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none

Production12,50012,00010,5009,30015,50017,200 Argentina

24,00024,00027,00922,85629,90527,410 Australia

6,3006,3005,3004,3805,8005,900 Brazil

29,30029,30037,53027,20525,28823,300 Canada

126,000126,000121,930121,023117,400115,180 China

8,2008,2008,2508,5008,4007,200 Egypt

155,685155,505143,513133,949138,182136,667 European Union

95,91095,91093,51094,88086,87080,800 India

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

12,99612,50013,9419,84122,7329,638 Kazakhstan

25,00025,00024,00023,30025,00023,900 Pakistan

59,00059,00052,09137,72056,24041,508 Russia

15,25015,00018,75016,00018,80017,000 Turkey

24,75024,50022,27815,76122,32416,844 Ukraine

7,1507,1506,8006,7006,3006,500 Uzbekistan

54,86454,89058,13052,02850,38848,144 Others


725,034723,384716,137658,541695,773649,559 World Totalnone

Total Consumption10,05010,0509,8509,4508,9508,750 Algeria

12,00012,30011,40010,90011,20010,800 Brazil

9,83010,33010,1389,5989,8527,551 Canada

124,000124,000121,500125,000122,500110,500 China

18,40017,90018,50018,70018,60017,700 Egypt

124,500124,500115,750119,250127,234122,844 European Union

93,98593,98594,00683,82281,40481,760 India

7,4657,4657,2656,9506,2506,035 Indonesia

18,90018,90018,00016,40014,90015,700 Iran

8,9008,9009,0008,3008,8007,850 Morocco

25,10025,10024,10023,90023,10023,000 Pakistan

35,50035,00034,10033,55038,00038,600 Russia

17,50017,10017,75017,65018,10017,300 Turkey

12,00012,00011,50011,40014,95011,600 Ukraine

8,9008,9008,4008,0007,8007,700 Uzbekistan

152,638152,228149,600146,111144,435135,175 Others


714,649713,185704,170679,889696,978653,412 World Totalnone

Ending Stocks6,3926,0926,2424,6547,0518,184 Australia

6,6026,2459,6525,0525,9327,360 Canada

62,77462,77460,27453,96055,94659,091 China

16,32017,14010,63510,81513,51611,934 European Union

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

9,0599,4095,2094,95210,89913,736 Russia

5,4705,2203,6702,5795,3633,341 Ukraine

56,09554,11857,88349,74357,97355,553 Others


197,845195,995187,460175,493196,841198,046 World Total


Regional Wheat Imports, Production, Consumption, and Stocks

Thousand Metric Tons

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

2014/15Feb

2014/15

TY Imports none6,431 North America 8,541 7,753 9,844 9,780 9,2801,684 Central America 1,666 1,662 1,845 1,820 1,820

13,158 South America 13,779 14,392 14,806 13,940 13,8354,621 European Union - 28 7,362 5,277 3,982 5,500 5,5001,614 Other Europe 1,913 1,633 1,840 1,890 1,9405,498 Former Soviet Union - 12 8,022 7,228 7,389 7,285 7,635

17,324 Middle East 23,065 24,175 28,304 30,155 30,15524,427 North Africa 24,855 22,052 25,240 23,750 24,35015,093 Sub-Saharan Africa 18,484 17,437 19,065 20,000 20,05013,889 East Asia 16,865 17,352 19,463 13,635 13,6357,593 South Asia 5,489 5,312 6,716 7,465 7,415

16,341 Southeast Asia 18,016 16,356 17,109 17,750 17,9502,824 Others 3,131 2,964 2,995 3,035 3,035

130,497 Total 151,188 143,593 158,598 156,005 156,600Production none

85,844 North America 83,160 91,734 99,012 88,089 88,08927,560 South America 25,766 18,404 19,985 23,650 24,150

136,667 European Union - 28 138,182 133,949 143,513 155,505 155,6853,188 Other Europe 3,597 3,504 4,409 3,854 3,854

81,027 Former Soviet Union - 12 114,985 77,802 103,873 111,600 112,34638,638 Middle East 39,282 36,880 41,668 35,030 35,28015,914 North Africa 18,366 17,320 19,722 16,800 16,8005,379 Sub-Saharan Africa 6,054 6,544 7,363 7,498 7,473

116,355 East Asia 118,775 122,483 123,244 127,462 127,461110,949 South Asia 117,132 126,390 125,710 129,205 129,20527,855 Oceania 30,288 23,345 27,457 24,510 24,510

183 Others 186 186 181 181 181

649,559 Total 695,773 658,541 716,137 723,384 725,034Domestic Consumption none




123,952 East Asia 137,057 140,083 135,338 137,075 137,075117,003 South Asia 115,834 121,167 132,100 133,885 133,68514,977 Southeast Asia 16,665 16,535 16,619 17,205 17,4056,845 Oceania 7,819 8,106 8,275 8,160 8,3603,354 Others 3,369 3,358 3,485 3,650 3,650

652,289 Total 688,037 686,749 695,013 710,880 711,889Ending Stocks none




62,143 East Asia 59,235 57,502 63,463 65,947 65,93921,079 South Asia 25,448 28,173 21,730 20,005 20,2403,991 Southeast Asia 4,703 3,854 3,558 3,358 3,3588,580 Oceania 7,415 4,957 6,535 6,347 6,655

382 Others 390 367 415 371 371

198,046 Total 196,841 175,493 187,460 195,995 197,845

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.



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U.S.#2/4 THAI100B

RICE: WORLD MARKETS AND TRADE

OVERVIEW Global production for 2014/15 is revised lower on a reduced crop in Thailand, where ongoing drought has cut area for the off-season crop. Global trade is also down marginally. Global consumption, although lower than last month, still outpaces production, tightening stocks. U.S. exports are unchanged. U.S. quotes for long-grain milled rice (#2/4) continue to drop, and are the lowest since April 2012. Exportable supplies remain ample, but sales and shipments outside traditional markets have been slow, weighing on prices. In comparison, prices for Thai 100B have weakened only marginally in the last month, despite the one million ton tender from government stocks. The price gap between these two has narrowed slightly in the past few weeks to below $100 per ton, FOB, improving the competitiveness of U.S. rice. SELECTED TRADE CHANGES For 2014 Selected Exporters Argentina is down 106,000 tons to 494,000 on final trade data.

India is up 300,000 tons to a record 10.8 million on preliminary December data.



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Pakistan is down 500,000 tons to 3.4 million on a slower pace.

Thailand is up 669,000 to a record 11.0 million on final data.

Vietnam is down 175,000 tons to 6.3 million on final data.

Selected Importers

China is up 200,000 tons to 4.1 million on larger shipments from Thailand and Burma.

Iraq is down 350,000 tons to 1.1 million reflecting a larger crop and slower purchases.

Nepal is up 100,000 tons to 450,000 on stronger shipments from India.

Sri Lanka is up 200,000 tons to 500,000 on larger shipments from India.

SELECTED TRADE CHANGES for 2015

Thailands exports are cut 300,000 tons to 11.0 million on a reduced crop.

Bangladeshs imports are up 100,000 tons to 600,000 on expectations of continued strong

demand.

Iraqs imports are down 200,000 tons to 1.3 million on a larger crop.


World Rice TradeJanuary/December Year, Thousand Metric Tons

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

2014/15Feb

none

TY Exports580600494526608732 Argentina

400400430460449311 Australia

8008008508301,1051,296 Brazil

1,5501,5501,5501,1631,3571,075 Burma

1,2001,2001,0001,075900860 Cambodia

400400393447267487 China

500500600700600320 Egypt

220220230203194237 European Union

500500500346265260 Guyana

8,7008,70010,80010,48010,2504,637 India

3,9003,9003,4004,1263,3993,414 Pakistan

400400350365262208 Paraguay

11,00011,30010,9696,7226,94510,647 Thailand

9509509579391,056841 Uruguay

6,7006,7006,3256,7007,7177,000 Vietnam

1,0371,0371,0301,0571,2591,002 Others


42,23742,55742,92039,43239,93136,573 World Totalnone

TY Imports450450450430360275 Angola

600500850114531,486 Bangladesh

700700700712732591 Brazil

525525550550450310 Cameroon

4,3004,3004,1003,4832,900575 China

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

450450400413330558 Cuba

1,4001,4001,5001,3751,3131,496 European Union

620620560725595620 Ghana

1,3001,3001,2256501,9603,098 Indonesia

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

1,2501,4501,0501,2941,4781,036 Iraq

700700650690650742 Japan

480480440410400335 Kenya

450450372580238532 Korea, South

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

775775700746680705 Mexico

520520500500445360 Mozambique

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

1,7001,7001,7001,0001,5001,200 Philippines

1,3251,3251,4501,3261,1931,059 Saudi Arabia

1,2001,2001,2001,0751,200805 Senegal

1,1001,1001,000990870885 South Africa

460460450440430420 United Arab Emirates

450450450432420337 Yemen

11,04311,04312,58911,41811,1069,551 Others

39,29839,39839,78635,80336,58433,407 Subtotal2,2692,4892,3802,9542,7072,545 Unaccounted

670670754675640621 United States42,23742,55742,92039,43239,93136,573 World Total


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


World Rice Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none

Milled Production34,60034,60034,39033,82033,70031,700 Bangladesh

8,3008,3008,3008,0377,8889,300 Brazil

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

4,7004,9004,7254,6704,2684,233 Cambodia

144,500144,500142,530143,000140,700137,000 China

4,5004,5004,7504,6754,2503,100 Egypt

102,000102,000106,540105,240105,31095,980 India

36,50036,50036,30036,55036,50035,500 Indonesia

7,6797,7007,8327,7567,6467,720 Japan

4,2414,2404,2304,0064,2244,295 Korea, South

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

6,5006,5006,7005,8006,2005,000 Pakistan

12,20012,20011,85811,42810,71010,539 Philippines

19,50020,50020,46020,20020,46020,262 Thailand

28,25028,25028,16127,53727,15226,371 Vietnam

38,76838,45938,86938,21637,68637,627 Others


474,556475,467477,080471,998467,003449,960 World Totalnone

Consumption and Residual35,30035,20034,90034,50034,30032,400 Bangladesh

7,9007,9007,9007,8507,9288,200 Brazil

10,70010,70010,45010,40010,20010,100 Burma

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

148,000148,000146,300144,000139,600135,000 China

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

99,15199,00099,18094,03193,33490,206 India

39,20039,20038,50038,12738,18838,044 Indonesia

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

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

4,4504,4504,4604,4894,8805,175 Korea, South

6,1006,1005,8005,3005,6004,800 Nigeria

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

10,90010,90010,87510,60010,40010,300 Thailand

21,90021,90022,00021,90019,65019,400 Vietnam

60,12060,23760,96858,76156,82853,813 Others


483,132483,330480,483468,633459,784444,967 World Totalnone

Ending Stocks46,91446,91446,81446,82645,02342,574 China

1,1821,1821,1881,1881,1461,215 European Union

16,80016,80022,65125,44025,10023,500 India

4,1014,1015,5016,4767,4037,131 Indonesia

2,7572,7782,7782,7422,7472,712 Japan

2,2952,5451,6951,4871,5092,459 Philippines

9,62410,99311,72412,8089,3305,615 Thailand

13,20412,38013,41612,07213,26912,891 Others


98,21699,000106,792110,195106,83099,611 World Total

Note: All data are reported on a milled basis.


Regional Rice Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none1,654 North America 1,664 1,776 1,819 1,795 1,7951,099 Caribbean 845 980 960 1,025 1,0251,396 South America 1,896 1,702 1,893 1,937 1,937

128 Other Europe 114 125 130 130 130366 Former Soviet Union - 12 456 544 571 441 441

6,099 Middle East 6,455 7,152 6,690 6,740 6,540381 North Africa 777 487 505 485 485

9,865 Sub-Saharan Africa 12,245 11,850 12,845 12,930 12,9302,444 East Asia 4,389 5,332 5,727 6,060 6,0601,864 South Asia 737 722 1,990 1,250 1,3506,418 Southeast Asia 5,488 3,611 5,000 5,150 5,1502,314 Others 2,158 2,197 2,410 2,125 2,125


7,739 North America 5,979 6,479 6,248 7,215 7,223943 Caribbean 1,002 974 1,040 1,079 1,079

17,197 South America 15,215 15,852 16,384 16,643 16,6042,172 European Union - 28 2,139 2,100 1,965 1,974 1,9741,321 Former Soviet Union - 12 1,294 1,294 1,205 1,237 1,2502,131 Middle East 2,170 2,251 2,450 2,333 2,4103,139 North Africa 4,289 4,704 4,789 4,500 4,500

13,313 Sub-Saharan Africa 12,904 12,792 13,158 13,023 13,023151,636 East Asia 155,342 157,692 157,585 159,271 159,251138,116 South Asia 151,656 150,892 154,286 149,150 149,400111,008 Southeast Asia 113,649 115,450 116,682 117,851 116,651

1,245 Others 1,364 1,518 1,288 1,191 1,191


5,429 North America 4,668 4,977 5,233 5,431 5,4301,109 Central America 1,156 1,181 1,213 1,208 1,2132,055 Caribbean 1,997 1,959 1,996 2,108 2,098

14,427 South America 14,180 14,394 14,531 14,618 14,6183,250 European Union - 28 3,300 3,250 3,250 3,260 3,2601,425 Former Soviet Union - 12 1,422 1,568 1,538 1,453 1,4618,293 Middle East 8,603 8,834 9,195 9,180 9,0853,677 North Africa 4,045 4,572 4,480 4,460 4,460

21,598 Sub-Saharan Africa 23,741 24,559 25,669 25,694 25,669151,568 East Asia 155,886 160,248 162,660 164,135 164,135130,792 South Asia 136,823 137,570 143,986 143,920 144,17198,530 Southeast Asia 99,148 101,968 103,011 104,321 104,321

634 Others 661 707 717 540 540


1,734 North America 1,455 1,345 1,176 1,487 1,527249 Central America 273 241 242 245 236122 Caribbean 157 104 85 99 91

2,220 South America 1,606 1,512 1,728 2,015 1,9961,215 European Union - 28 1,146 1,188 1,188 1,182 1,1821,731 Middle East 1,526 2,059 1,890 1,782 1,725

122 North Africa 487 427 612 627 6371,360 Sub-Saharan Africa 2,227 1,963 1,762 1,736 1,671

46,690 East Asia 48,899 50,711 50,754 50,995 50,97825,342 South Asia 27,511 27,019 25,461 18,450 19,34018,599 Southeast Asia 21,369 23,202 21,534 20,108 18,564

27 Oceania 40 238 191 65 85200 Others 134 186 169 209 184

99,611 Total 106,830 110,195 106,792 99,000 98,216




15

150

175

200

225

250

275

300

325

$/M

T

Corn Daily Export Bids

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

COARSE GRAINS: WORLD MARKETS AND TRADE OVERVIEW World corn production is raised as larger crops in Ukraine, Argentina, and India more than offset lower production in Russia. Trade is boosted on stronger demand from EU, Canada, and China. The U.S. season-average farm price for corn is unchanged. PRICES Since the release of the January WASDE report, U.S. corn quotes declined only slightly to about $180/ton by early February. As new-crop prospects improve, Argentine quotes have slid and are at or below U.S. Similarly, Black Sea fell to about $10 below U.S. prices as burdensome supplies, intense competition, and a weak currency all act to pressure prices. Brazilian quotes were not available.

TRADE CHANGES IN 2014/15 Selected Exporters

Argentine corn is up sharply by 1.5 million tons to 13.5 million on greater exportable supplies and competitive prices. (Sorghum is raised 200,000 tons to 1.5 million.)



16

Russian corn is lowered 500,000 tons to 2.5 million on a smaller crop and intense competition from neighboring Ukraine.

South African corn is down 500,000 tons to 2.0 million despite prospects for

burdensome supplies, because of slow trade arising from strong competition.

Ukrainian corn is up sharply by 1.5 million tons to 18.0 million because of greater exportable supplies and competitive prices with a weak domestic currency.

U.S. sorghum is raised 700,000 tons to 7.5 million, the highest level in nearly 25 years,

on continued purchases by China. Selected Importers

Canadian corn is boosted 500,000 tons to 1.5 million on continued strong shipments

from the United States.

Chinese corn is up 500,000 tons to 2.5 million on improved prospects for trade, especially from non-U.S. origins.

EU corn is boosted 1.0 million tons again this month to 8.0 million on a surge of import licenses in January and on higher wheat exports.

Chinese sorghum is raised 800,000 tons to 7.0 million on continued purchases and shipments, primarily from the United States.


World Coarse Grain TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none


5,6005,6006,9686,4107,2794,897 Australia

22,01522,01522,05726,07812,67711,591 Brazil

3,6003,5005,4554,6693,8534,427 Canada

9,6059,6057,8398,9147,1775,865 European Union

2,8502,8504,5245,5414,8583,437 India

7,0107,4107,0444,3655,9971,029 Russia

2,5252,5251,7616282,3452,013 Serbia

2,0252,5252,1272,4111,8512,857 South Africa

20,88019,36024,12415,52717,4477,490 Ukraine

7,2257,1258,7717,5287,4644,539 Others


152,225149,005164,223132,153133,408116,020 World Totalnone

TY Imports4,0104,0104,9103,2803,6912,949 Algeria

1,2051,2051,2461,2401,211650 Brazil

1,5351,0357145237641,056 Canada

1,6251,6251,6561,3271,5231,271 Chile

14,12512,82512,4455,6047,9242,697 China

4,7304,7304,7174,0884,1034,155 Colombia

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

7,5307,5308,5535,0967,2505,840 Egypt

8,2057,15516,26211,7776,9088,635 European Union

2,6002,6003,5002,7191,7243,041 Indonesia

6,7006,7006,4004,8005,7004,000 Iran

1,8751,8752,0921,5641,5301,446 Israel

17,79017,79017,50117,74317,73018,590 Japan

1,2001,2001,4001,2021,144917 Jordan

9,6909,69010,4998,2657,7268,168 Korea, South

1,2501,2501,1501,220829543 Libya

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

11,20011,20011,3347,62312,81910,760 Mexico

2,7002,7002,6401,8312,4792,059 Morocco

2,4252,4252,3492,4041,9282,079 Peru

10,05010,05011,24712,39010,4858,138 Saudi Arabia

4,3504,3504,5614,3984,4784,277 Taiwan

2,2502,2501,9771,922782496 Turkey

2,6002,6002,6262,1462,5961,251 Venezuela

2,0002,0002,3001,7001,6001,000 Vietnam

16,23516,23515,77214,09515,42714,786 Others

142,480139,630152,351123,051126,714112,612 Subtotal6,6886,2208,5552,6013,552959 Unaccounted3,0573,1553,3176,5013,1422,449 United States

152,225149,005164,223132,153133,408116,020 World Total



World Coarse Grains Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none


11,20711,20712,36911,41412,25711,485 Australia

77,71377,71382,10384,25375,88460,380 Brazil

21,91521,91528,74524,42722,92122,668 Canada

222,150222,150225,070212,192198,635183,771 China

13,35013,35014,46812,28612,26411,193 Ethiopia

168,248168,048158,506145,887149,886142,836 European Union

38,81038,31042,71039,94042,25043,370 India

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

31,14031,34032,02028,88125,68929,226 Mexico

18,60018,60019,20018,57317,42120,720 Nigeria

40,55041,00035,73528,65833,07716,416 Russia

14,09614,09615,57412,87313,26811,310 South Africa

9,4759,27513,07510,59511,29910,184 Turkey

39,34537,79039,91829,52733,47621,503 Ukraine

152,053152,005148,520145,703145,978144,098 Others


1,275,4901,272,3371,279,8671,136,2661,155,7111,098,913 World Totalnone

Domestic Consumption14,43114,13113,59512,05010,51011,033 Argentina

59,60359,60358,07855,80353,65352,548 Brazil

21,49020,86022,48520,25720,28521,201 Canada

234,225233,425227,600209,671196,192188,448 China

14,67814,67814,08012,90512,73613,332 Egypt

14,10014,10014,30012,15011,85010,700 Ethiopia

164,920163,870164,295153,095151,460154,642 European Union

35,90035,90037,40035,27537,75038,850 India

17,99017,99017,69018,03017,99018,875 Japan

41,94041,94040,88536,19537,98539,785 Mexico

18,65018,65019,25018,70017,32120,670 Nigeria

32,40032,60028,51925,13427,72818,131 Russia

12,44812,44812,15011,63511,25011,206 South Africa

13,33013,13013,43013,00511,75511,075 Turkey

16,58516,56016,22714,66115,55913,772 Ukraine

231,851231,949224,385217,524213,660206,943 Others


1,262,0251,257,2401,238,3561,135,7351,154,9951,129,509 World Totalnone

Ending Stocks18,06817,86818,26814,5599,82110,836 Brazil

80,18579,68578,26068,37860,36250,126 China

16,66016,46014,69712,87815,59516,744 European Union

4,3344,3344,3344,2344,7344,138 Iran

3,9893,9894,5043,3913,2111,720 Saudi Arabia

3,8013,0694,5733,2443,8903,576 South Africa

3,7603,9553,3302,3302,4212,149 Ukraine

44,02843,80348,31736,54040,70146,261 Others


224,061223,902210,596169,085168,554167,838 World Total


Regional Coarse Grains Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none14,265 North America 16,725 14,647 15,365 15,390 15,7922,900 Central America 2,769 2,470 2,972 3,200 3,2002,193 Caribbean 2,159 2,327 2,386 2,510 2,510

10,536 South America 11,968 11,804 13,293 13,300 13,3008,635 European Union - 28 6,908 11,777 16,262 7,155 8,2051,133 Former Soviet Union - 12 1,038 725 720 780 780

18,690 Middle East 23,348 24,922 26,232 25,590 25,59012,349 North Africa 15,320 13,037 18,709 16,690 16,6902,038 Sub-Saharan Africa 3,245 2,675 2,891 3,025 3,025

33,888 East Asia 38,040 36,163 45,111 44,785 46,0857,558 Southeast Asia 7,317 8,058 10,650 9,280 9,280

876 Others 1,019 947 1,077 1,080 1,080


381,589 North America 371,061 338,619 427,854 430,377 430,177106,037 South America 117,970 135,056 130,835 120,901 122,201142,836 European Union - 28 149,886 145,887 158,506 168,048 168,248

9,996 Other Europe 9,497 6,584 9,478 9,816 9,81647,474 Former Soviet Union - 12 78,648 68,221 87,627 90,271 91,42619,574 Middle East 20,398 18,232 20,767 16,536 16,73612,159 North Africa 11,142 10,129 11,659 10,989 10,98999,903 Sub-Saharan Africa 100,066 104,204 105,092 104,797 104,797


1,098,913 Total 1,155,711 1,136,266 1,279,867 1,272,337 1,275,490Domestic Consumption none





1,128,703 Total 1,136,494 1,141,627 1,229,481 1,254,321 1,257,554Ending Stocks none

37,878 North America 33,066 28,239 42,491 57,686 55,67420,529 South America 14,143 19,473 24,705 24,058 24,22016,744 European Union - 28 15,595 12,878 14,697 16,460 16,6601,455 Other Europe 1,023 611 1,256 1,226 1,2265,480 Former Soviet Union - 12 6,160 5,037 6,699 8,484 8,5128,157 Middle East 10,578 9,628 11,720 10,005 10,0054,784 North Africa 5,447 3,456 5,625 4,374 4,374

10,429 Sub-Saharan Africa 11,335 10,999 11,604 9,694 10,42653,412 East Asia 63,402 71,053 81,705 82,586 83,0953,086 South Asia 2,974 2,819 4,102 3,364 3,8963,508 Southeast Asia 3,061 3,225 4,178 4,299 4,2991,583 Oceania 978 915 989 691 699

793 Others 792 752 825 975 975

167,838 Total 168,554 169,085 210,596 223,902 224,061



World Corn TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none


22,00022,00022,04126,04412,67411,582 Brazil

600600600550200175 Burma

2,5002,5002,4012,1933,2871,096 European Union

2,5002,5003,8894,7684,6743,376 India

2,0001,9002,7142,8582,1881,201 Paraguay

2,5003,0004,1921,9172,02737 Russia

2,5002,5001,7366012,3312,004 Serbia

2,0002,5002,1042,3981,8312,839 South Africa

18,00016,50020,00412,72615,1575,008 Ukraine

4,2904,2906,4615,4064,4654,031 Others


116,890114,790129,695100,512103,72491,709 World Totalnone

TY Imports3,4003,4004,2002,9093,2032,683 Algeria

1,5001,000679493747984 Canada

1,3001,3001,456844906526 Chile

2,5002,0003,2772,7025,231979 China

4,2004,2004,3333,2643,2093,511 Colombia

900900900911746838 Cuba

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

7,5007,5008,5005,0597,1545,803 Egypt

8,0007,00015,91911,3626,1137,385 European Union

850850750678691676 Guatemala

2,6002,6003,5002,7191,7243,041 Indonesia

5,5005,5005,5003,7004,0003,500 Iran

1,5001,5001,7001,2241,2211,029 Israel

15,40015,40015,12114,41214,89215,648 Japan

9,6009,60010,4068,1747,6368,107 Korea, South

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

10,90010,90010,9545,67611,1728,252 Mexico

2,2002,2002,2001,6841,9431,738 Morocco

2,3002,3002,2322,2541,7721,939 Peru

2,9002,9002,6002,0631,8161,933 Saudi Arabia

4,2004,2004,4004,2324,3414,134 Taiwan

9009001,000846853677 Tunisia

1,5001,5001,3811,656729453 Turkey

2,6002,6002,6262,1462,5961,251 Venezuela

2,0002,0002,3001,7001,6001,000 Vietnam

12,26012,26011,7959,76511,75310,402 Others

111,110109,110122,22994,567100,41190,297 Subtotal5,1305,0306,7391,6802,548728 Unaccounted

6506507274,265765684 United States116,890114,790129,695100,512103,72491,709 World Total



World Corn Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none


75,00075,00079,50081,50073,00057,400 Brazil

11,50011,50014,19413,06011,35912,043 Canada

215,500215,500218,490205,614192,780177,245 China

6,5006,5007,4516,1586,0694,895 Ethiopia

74,16073,96064,25958,89668,12358,272 European Union

22,50022,00024,19022,26021,76021,730 India

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

23,20023,00022,88021,59118,72621,058 Mexico

7,5007,5007,7007,6309,2508,800 Nigeria

7,9007,9007,5327,2617,1307,271 Philippines

11,50012,00011,6358,2136,9623,075 Russia

6,8506,8506,4003,7506,4006,800 Serbia

13,50013,50014,98212,36512,75910,924 South Africa

28,45027,00030,90020,92222,83811,919 Ukraine

93,94093,57692,55390,08488,36886,329 Others

630,200626,986637,766594,804575,374519,761 Subtotal361,091361,091351,272273,192312,789315,618 United States991,291988,077989,038867,996888,163835,379 World Total

none

Total Consumption9,4009,2008,8007,9007,0007,300 Argentina

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

12,90012,40012,70011,60511,63611,761 Canada

216,000216,000212,000200,000188,000180,000 China

13,80013,80013,20012,00011,70012,500 Egypt

78,50077,50076,50069,60069,50064,900 European Union

20,00020,00019,50017,50017,20018,100 India

12,00012,00011,90010,90010,5009,800 Indonesia

15,40015,40015,10014,50014,90015,700 Japan

10,10010,1009,8918,4817,8158,214 Korea, South

33,55033,25031,70027,00029,00029,500 Mexico

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

9,0009,0007,5006,4004,7003,200 Russia

11,80011,80011,50011,00010,70010,650 South Africa

10,40010,4009,9008,1007,8006,500 Ukraine

152,507152,282148,643140,871140,337133,602 Others


none

Ending Stocks17,75017,55017,95014,1509,21210,278 Brazil

79,21578,71577,31567,57059,33549,415 China

7,5847,3846,4245,1476,6825,233 European Union

3,0863,0862,9862,4863,3862,790 Iran

2,7442,9242,6941,0611,3161,112 Mexico

3,5962,8644,3713,0643,6763,418 South Africa

2,3372,3872,2371,1911,0511,121 Ukraine

26,90926,54828,53122,53424,74927,998 Others


189,640189,147173,800138,062134,529130,009 World Total


Regional Corn Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none9,920 North America 12,684 10,434 12,360 12,550 13,0502,889 Central America 2,766 2,470 2,971 3,200 3,2008,372 South America 9,886 9,643 12,000 11,720 11,7207,385 European Union - 28 6,113 11,362 15,919 7,000 8,000

329 Former Soviet Union - 12 328 324 415 415 4159,942 Middle East 10,686 10,738 13,506 13,950 13,950

11,265 North Africa 13,799 11,145 16,550 14,700 14,7001,547 Sub-Saharan Africa 2,579 1,999 2,215 2,390 2,390

29,024 East Asia 32,282 29,673 33,309 31,330 31,8307,541 Southeast Asia 7,304 8,040 10,610 9,260 9,2602,193 Caribbean 2,159 2,327 2,386 2,510 2,510

574 Others 590 677 715 735 735


348,719 North America 342,874 307,843 388,346 395,591 395,79193,105 South America 103,988 119,769 116,326 108,565 109,56558,272 European Union - 28 68,123 58,896 64,259 73,960 74,1608,291 Other Europe 7,810 4,915 7,733 8,066 8,066

18,434 Former Soviet Union - 12 34,121 32,310 46,898 42,660 43,7746,448 Middle East 7,164 6,330 6,753 6,348 6,5486,780 North Africa 5,722 5,891 6,001 5,951 5,951

57,860 Sub-Saharan Africa 62,092 60,564 64,661 62,946 62,946178,955 East Asia 194,585 207,760 220,621 217,649 217,64927,663 South Asia 28,536 29,705 31,830 29,660 30,1603,549 Central America 3,698 3,740 3,743 3,743 3,743

26,135 Southeast Asia 28,138 28,893 30,663 31,656 31,6561,168 Others 1,312 1,380 1,204 1,282 1,282


325,810 North America 318,550 301,578 337,445 346,527 348,59773,773 South America 74,921 78,356 83,045 85,695 85,82064,900 European Union - 28 69,500 69,600 76,500 77,500 78,5006,741 Other Europe 6,392 5,194 5,903 6,160 6,160


209,870 East Asia 217,047 229,434 243,371 247,985 247,98523,981 South Asia 23,770 24,480 26,870 27,570 27,57032,893 Southeast Asia 34,357 35,609 37,560 38,960 38,9606,375 Central America 6,425 6,200 6,625 6,800 6,8003,420 Others 3,369 3,556 3,531 3,685 3,685


31,019 North America 27,803 23,469 35,586 51,807 50,36318,156 South America 12,808 17,538 22,139 22,161 22,1145,233 European Union - 28 6,682 5,147 6,424 7,384 7,5841,212 Other Europe 771 353 982 973 9731,904 Former Soviet Union - 12 2,445 2,004 3,236 3,316 3,3303,918 Middle East 4,548 3,491 4,340 4,108 4,1082,102 North Africa 2,960 1,669 3,024 2,515 2,5158,533 Sub-Saharan Africa 9,133 8,580 9,514 7,771 8,503

52,082 East Asia 61,836 69,729 80,266 81,151 81,6601,549 South Asia 1,680 2,080 3,269 2,680 3,2093,504 Southeast Asia 3,058 3,220 4,174 4,295 4,295

547 Central America 564 507 572 690 690250 Others 241 275 274 296 296

130,009 Total 134,529 138,062 173,800 189,147 189,640



World Barley TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none


4,5004,5006,2624,6215,8194,088 Australia

1,3001,2001,7141,3161,4371,052 Canada

6,7006,7004,9266,4733,6464,581 European Union

3003005465425230 India

500500575151659224 Kazakhstan

15151520510 Moldova

4,4004,3002,7622,3663,668969 Russia

25252526149 Serbia

2,7002,7003,8272,6592,1662,446 Ukraine

10104415112035 Others

22,05021,85023,52521,97221,21714,975 Subtotal250250336163179222 United States

22,30022,10023,86122,13521,39615,197 World Totalnone

TY Imports600600700364479262 Algeria

100100502510025 Belarus

400400400369274362 Brazil

4,5004,5004,8912,1842,5411,656 China

275275275232301251 Colombia

1,2001,2009001,1001,700500 Iran

300300275244276287 Israel

1,3001,3001,2941,3561,2571,359 Japan

650650950831736544 Jordan

400400400388376317 Kuwait

550550500573183179 Libya

1001001084714426 Mexico

500500400147536222 Morocco

1001001001039783 Peru

100100125278372411 Russia

7,0007,0008,50010,2008,6006,200 Saudi Arabia

500500250300200300 Syria

300300456764218281 Tunisia

7507505962664639 Turkey

550550550541524334 United Arab Emirates

9359359179511,4281,259 Others

21,11021,11022,63721,26320,38814,897 Subtotal690390702441538152 Unaccounted500600522431470148 United States

22,30022,10023,86122,13521,39615,197 World Total



World Barley Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none

Production1,3001,3001,5001,5001,3501,500 Algeria

3,0003,0004,7505,0004,5002,950 Argentina

7,6007,6009,5397,4728,2217,995 Australia

2,1002,1001,6741,9171,9791,966 Belarus

7,1207,12010,2378,0127,8927,627 Canada

1,5501,5501,5001,6261,6371,972 China

2,1002,1002,0531,7821,5921,703 Ethiopia

59,92759,92759,63954,87551,88353,691 European Union

1,8101,8101,7501,6201,6601,350 India

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

2,4122,5002,5391,5002,5931,313 Kazakhstan

1,7001,7002,7001,2002,3402,570 Morocco

20,00019,50015,38913,95216,9388,350 Russia

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

9,4509,4007,5616,9359,0988,484 Ukraine

9,0819,0839,3198,7488,5698,247 Others


140,199139,739145,369129,807133,522123,122 World Totalnone

Total Consumption2,0502,0502,0502,0001,8001,600 Algeria

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

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

2,1002,1001,8002,0002,1002,000 Belarus

6,7006,7207,7466,8096,9167,464 Canada

6,1006,1006,3004,0003,8004,050 China

2,1002,1002,0001,7251,6001,725 Ethiopia

52,50052,50053,50051,00051,20056,610 European Union

4,5004,5004,5004,6004,1003,900 Iran

1,9002,0002,0001,3751,8251,475 Kazakhstan

2,8002,8002,3001,9003,1003,050 Morocco

14,40014,30012,60012,10014,3009,500 Russia

8,5258,5258,4258,3257,2256,325 Saudi Arabia

6,0506,0506,9506,2006,7506,000 Turkey

4,9004,9005,1005,1006,3006,000 Ukraine

16,84416,84416,82416,13815,77814,894 Others


141,293140,804141,095131,681135,218136,219 World Totalnone

Ending Stocks1,0441,0441,1941,1941,4351,236 Algeria

1,0691,1491,9249831,1951,502 Canada

6,3406,3405,5135,0716,0697,938 European Union

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

2,2731,9739737268481,386 Russia

3,5863,5864,0963,0062,8141,323 Saudi Arabia

1,2381,3888838731,172794 Ukraine

5,4785,4497,3295,4266,4646,875 Others


23,95723,96725,05120,77722,65124,347 World Total


Regional Barley Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none227 North America 620 499 639 725 625922 South America 851 1,064 960 985 985288 European Union - 28 364 52 58 50 50189 Other Europe 209 127 175 175 175648 Former Soviet Union - 12 697 375 280 340 340

8,604 Middle East 12,543 13,956 12,462 11,410 11,410960 North Africa 1,458 1,885 2,106 1,975 1,97577 Sub-Saharan Africa 105 57 120 80 80

3,107 East Asia 3,924 3,663 6,314 5,925 5,9258 South Asia 68 7 30 30 30

15 Oceania 19 9 15 15 15




21,574 Former Soviet Union - 12 32,227 25,958 29,153 35,125 35,58711,474 Middle East 11,691 10,302 12,449 8,648 8,6484,546 North Africa 4,410 3,309 4,729 4,109 4,1092,095 Sub-Saharan Africa 2,099 2,283 2,521 2,613 2,6132,215 East Asia 1,939 1,928 1,812 1,852 1,8501,990 South Asia 2,267 2,152 2,457 2,517 2,5178,303 Oceania 8,538 7,911 9,955 8,010 8,010




20,587 Former Soviet Union - 12 26,293 22,314 23,500 25,075 25,07519,884 Middle East 22,016 22,785 24,181 23,281 23,2815,882 North Africa 6,186 5,555 6,030 6,728 6,7282,212 Sub-Saharan Africa 2,138 2,290 2,562 2,670 2,6705,772 East Asia 5,555 5,806 8,055 7,855 7,8551,992 South Asia 2,197 2,063 1,912 2,018 2,0184,550 Oceania 3,650 3,425 3,725 3,725 3,725


3,647 North America 2,621 3,014 3,954 3,128 2,939818 South America 547 685 964 790 799

7,938 European Union - 28 6,069 5,071 5,513 6,340 6,340193 Other Europe 204 227 221 223 223

2,813 Former Soviet Union - 12 2,735 2,193 2,463 4,038 4,2004,162 Middle East 5,933 6,042 7,297 5,819 5,8192,612 North Africa 2,426 1,720 2,524 1,775 1,775

232 Sub-Saharan Africa 283 330 409 432 432672 East Asia 976 760 831 751 751220 South Asia 281 144 255 259 259

1,040 Oceania 576 591 620 412 420

24,347 Total 22,651 20,777 25,051 23,967 23,957



World Sorghum TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none

TY Exports1,5001,3009533,0592,1631,893 Argentina

8008004051,4251,185575 Australia

757575757575 Ethiopia

50508923113231 India

505050507560 Nigeria

15015022912411334 Ukraine

30303026230 Uruguay

140140162149139147 Others


10,2959,3957,8367,2755,4546,638 World Totalnone

TY Imports250250150404544729 Chile

7,0006,2004,161631844 China

250250104591592391 Colombia

10050186291126922 European Union

1,0001,0001,0031,8971,4811,418 Japan

1001001001027411 Kenya

1001001621,7891,3692,379 Mexico

150150147127695 Saudi Arabia

20020075175125200 Sudan

1001001111168497 Taiwan

390390594509534564 Others

9,6408,7906,7936,6325,0826,720 Subtotal6486001,040400369-83 Unaccounted

75324331 United States10,2959,3957,8367,2755,4546,638 World Total



World Sorghum Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none


2,0002,0001,1072,2302,2391,935 Australia

2,0002,0001,8902,1022,2222,314 Brazil

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

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

9009007451,172648680 Chad

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

4,0004,0004,1143,6043,9513,960 Ethiopia

5,0005,0005,2505,3006,0307,000 India

1,3001,3008201,2121,1911,257 Mali

7,3007,7008,5006,1746,4257,385 Mexico

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

6,3006,3006,5005,9436,9006,750 Nigeria

3,5003,5002,2494,5244,6052,630 Sudan

840840832839807800 Tanzania

6,9476,9477,0116,7227,0476,432 Others


none

Total Consumption2,9002,8002,7002,3001,9001,900 Argentina

1,2051,2057551,1051,1051,405 Australia

2,0002,0002,0002,3002,1752,075 Brazil

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

1,1751,1751,1651,1101,1751,109 Cameroon

9009008501,150650700 Chad

9,6008,8006,8003,2002,2002,200 China

4,2004,2004,2003,7003,7003,700 Ethiopia

4,9004,9005,2005,1506,0006,800 India

1,0001,0001,0001,9001,4751,460 Japan

1,2001,2009501,2001,3001,300 Mali

7,5007,8008,3008,1008,1009,400 Mexico

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

6,2506,2506,4505,9006,8006,700 Nigeria

3,7003,7002,5504,7004,5003,000 Sudan

8,7508,7008,4759,1699,4879,728 Others


62,64862,52459,68457,65258,42659,942 World Totalnone

Ending Stocks9847841,284784167950 Argentina

451451376326366467 China

19619696226214323 Mali

543643643281418724 Mexico

16216223722524117 Niger

208208208208215190 Nigeria

352352357588609399 Sudan

1,3431,3401,4811,7462,0542,026 Others


4,9234,9445,5464,7694,6505,893 World Total


Regional Sorghum Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none2,380 North America 1,372 2,032 165 105 1071,218 South America 1,200 1,071 303 565 565

922 European Union - 28 126 291 186 50 1000 Other Europe 0 0 0 0 0

121 Middle East 101 194 231 205 205120 North Africa 54 0 43 5 5399 Sub-Saharan Africa 550 608 531 530 530

1,523 East Asia 1,655 2,650 5,281 7,305 8,10517 Southeast Asia 13 18 40 20 2021 Others 14 11 16 10 10



7,351 South America 7,124 7,496 7,003 6,462 6,762629 European Union - 28 671 473 616 736 736853 Middle East 764 814 800 780 780708 North Africa 847 763 763 763 763

23,392 Sub-Saharan Africa 24,804 24,793 22,839 24,149 24,1492,460 East Asia 2,054 2,560 2,704 2,704 2,7047,145 South Asia 6,175 5,445 5,395 5,145 5,145

54 Southeast Asia 54 55 55 55 551,935 Oceania 2,239 2,230 1,107 2,000 2,000

61 Others 176 208 250 180 180



5,739 South America 6,006 6,085 5,754 6,102 6,2021,535 European Union - 28 760 795 795 770 820

962 Middle East 789 1,052 894 985 985857 North Africa 908 756 794 756 756

23,491 Sub-Saharan Africa 24,852 25,064 23,474 24,664 24,6643,764 East Asia 3,771 5,221 7,921 9,910 10,7106,955 South Asia 6,155 5,305 5,359 5,055 5,055

61 Southeast Asia 68 68 61 90 901,405 Oceania 1,105 1,105 755 1,205 1,205

30 Others 55 80 25 30 30


1,421 North America 1,001 666 1,507 1,451 1,22732 Central America 25 39 40 40 40

1,429 South America 695 1,119 1,472 997 1,19721 European Union - 28 14 5 17 13 1335 Middle East 56 65 58 58 5869 North Africa 60 66 76 83 83

1,640 Sub-Saharan Africa 1,878 2,032 1,636 1,446 1,446549 East Asia 451 413 466 540 540327 South Asia 223 145 108 155 158361 Oceania 230 195 147 142 142

9 Others 17 24 19 19 19

5,893 Total 4,650 4,769 5,546 4,944 4,923



World Oats TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none

TY Exports5551126 Argentina

225225235240174209 Australia

555639 Brazil

1,7001,7001,7281,3591,7631,496 Canada

1001005042106129 Chile

250250293126176113 European Union

101074181 Russia

101010664 Others


2,3352,3352,3611,8022,2862,004 World Totalnone

TY Imports000005 Albania

101010794 Algeria

000000 Argentina

555233 Bosnia and Herzegovina

10102691119 Canada

125125116876858 China

555112 Colombia

202020192211 Ecuador


505046515464 Japan

100100110111134103 Mexico

40405036497 Norway

252525111115 South Africa

505050465649 Switzerland

5556811 Uruguay

00021312 Others

450450471392442367 Subtotal1851852969114169 Unaccounted

1,7001,7001,8611,3411,7301,468 United States2,3352,3352,3611,8022,2862,004 World Total



World Oats Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none

Production1101101101106788 Algeria

460460445496345660 Argentina

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

450450352422448442 Belarus

380380380361354379 Brazil

2,9102,9103,9062,8123,1582,451 Canada

700700610680451564 Chile

600600580600600525 China

7,8697,8698,3887,9097,9277,500 European Union

226250305200258134 Kazakhstan

9090908451111 Mexico

236236236236231299 Norway

5,2505,0004,9324,0275,3323,218 Russia

210210210210218204 Turkey

610580467630506458 Ukraine

327327324315372296 Others

21,57821,32222,66120,21321,58018,457 Subtotal1,0111,0119388927281,188 United States

22,58922,33323,59921,10522,30819,645 World Totalnone

Total Consumption1201201201197589 Algeria

475475425500350650 Argentina

1,0001,0001,0259251,100900 Australia

425425375400450475 Belarus

375375375350350370 Brazil

1,6001,4501,7461,5131,3611,530 Canada

600600575575325475 Chile

725725700675625625 China

7,7007,7008,2007,7007,8007,793 European Union

225250275225225130 Kazakhstan

190190185195185185 Mexico

295295270295270295 Norway

5,2005,0004,9004,3005,0003,450 Russia

215215215215215210 Turkey

600575475600500475 Ukraine

489489488451519467 Others


23,01722,66723,25121,87922,08820,923 World Totalnone

Ending Stocks464666515776 Argentina

868616160134146 Australia

6518011,031506805733 Canada

13513513513912784 China

702702778902796832 European Union

269219229203485167 Russia

726767815240 Ukraine

192191197206196169 Others


2,5952,6893,0232,6753,4493,229 World Total


Regional Oats Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none1,590 North America 1,875 1,461 1,997 1,810 1,810

24 South America 31 26 30 30 304 European Union - 28 3 4 3 5 5

66 Other Europe 110 86 105 95 956 Former Soviet Union - 12 7 0 0 0 04 Middle East 4 0 0 0 04 North Africa 9 7 10 10 10

15 Sub-Saharan Africa 11 11 25 25 25122 East Asia 122 138 162 175 175

0 Oceania 0 0 0 0 0



428 Other Europe 373 369 370 369 3694,257 Former Soviet Union - 12 6,549 5,285 6,062 6,286 6,542


527 East Asia 602 602 582 602 6021,176 Oceania 1,291 1,139 1,354 1,180 1,180



486 Other Europe 478 474 453 487 4874,535 Former Soviet Union - 12 6,180 5,531 6,031 6,256 6,456


685 East Asia 685 730 750 775 775948 Oceania 1,129 943 1,053 1,030 1,030


1,720 North America 1,605 1,034 1,393 1,246 1,096126 South America 93 131 130 110 110832 European Union - 28 796 902 778 702 70250 Other Europe 48 31 53 30 30

235 Former Soviet Union - 12 592 332 346 356 41210 Middle East 17 12 7 2 21 North Africa 1 1 1 1 1


146 Oceania 134 60 161 86 86

3,229 Total 3,449 2,675 3,023 2,689 2,595



World Rye TradeOctober/September Year, Thousand Metric Tons

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

2014/15Feb

none

TY Exports2525252525150 Belarus

10010096181159221 Canada


100100837828422 Russia

255591692 Ukraine

000043 Others

400380464422540469 Subtotal556783 United States

405385470429548472 World Totalnone

TY Imports5050966830236 European Union

252533341119 Israel

4040372746101 Japan

10108121111 Korea, South

151516211112 Norway

252525250150 Russia

556922 Switzerland

000180 Others

170170221197391331 Subtotal35154511-17-7 Unaccounted

200200204221174148 United States405385470429548472 World Total



World Rye Production, Consumption, and StocksLocal Marketing Years, Thousand Metric Tons

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

2014/15Feb

none

Production8008006481,082801735 Belarus

195195223337241237 Canada

70706062592 Chile

8,7908,79010,1888,7636,9007,576 European Union

3,3004,0003,3602,1322,9671,642 Russia

350350350370366365 Turkey

475450638676579464 Ukraine

174163168183181197 Others


14,33715,00115,82913,77112,24811,408 World Totalnone

Total Consumption404052404540 Argentina

7507506501,000750650 Belarus

100100108124101136 Canada

70706062592 Chile

8,9008,9009,7008,7007,4008,204 European Union

4040402555105 Japan

655040503040 Kazakhstan

3,3003,8003,1002,0002,8501,850 Russia

350350350375375350 Turkey

475475625625625650 Ukraine

128128136170142155 Others


14,63315,09315,29113,59212,71712,547 World Totalnone

Ending Stocks16516514016711079 Belarus

394444462551 Canada

9799791,1897937451,013 European Union

4447514 Japan

290490365153129250 Russia

181818182432 Turkey

9898128166132189 Ukraine

266335 Others


1,6051,8141,9011,3631,1841,653 World Total


Regional Rye Imports, Production, Consumption, and Stocks


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

2014/15Feb

2014/15

TY Imports none148 North America 174 221 204 200 200

0 South America 0 0 0 0 036 European Union - 28 302 68 96 50 5014 Other Europe 13 31 22 20 20

150 Former Soviet Union - 12 5 25 25 25 2519 Middle East 14 34 33 25 250 Sub-Saharan Africa 0 0 0 0 0

112 East Asia 57 39 45 50 500 Oceania 0 0 0 0 0

479 Total 565 418 425 370 370Production none

427 North America 395 503 417 378 37845 South America 107 105 115 113 113


2,883 Former Soviet Union - 12 4,375 3,940 4,689 5,300 4,636365 Middle East 366 370 350 350 350


33 Oceania 40 40 20 20 20




3,190 Former Soviet Union - 12 4,255 3,675 4,415 5,075 4,590369 Middle East 386 409 383 375 375

3 Sub-Saharan Africa 2 3 3 3 3116 East Asia 66 37 48 50 5030 Oceania 40 40 20 20 20



1,013 European Union - 28 745 793 1,189 979 9790 Other Europe 0 0 0 0 0

523 Former Soviet Union - 12 374 489 639 759 55532 Middle East 24 18 18 18 180 Sub-Saharan Africa 0 0 0 0 0

14 East Asia 5 7 4 4 40 Oceania 0 0 0 0 0

1,653 Total 1,184 1,363 1,901 1,814 1,605




35

HISTORICAL DATA SERIES FOR SELECTED REGIONS AND COUNTRIES

CONTENTS

European Union: Grain Supply and Demand................................................36China: Grain Supply and Demand ................................................................37Other Europe: Grain Supply and Demand ....................................................38Former Soviet Union: Grain Supply and Demand ........................................39Wheat Supply and Disappearance: Selected Exporters.................................43Corn Supply and Disappearance: Selected Exporters ...................................45Barley Supply and Disappearance: Selected Exporters ................................47Sorghum Supply and Disappearance: Selected Exporters ............................48U.S. Grains: Supply and Distribution........49Total Wheat and Coarse Grains: Supply and Demand..................................50World Wheat and Coarse Grains: Supply and Demand ................................51World Corn and Barley: Supply and Demand ..............................................52World Rice: Supply and Demand..................................................................53

DG F/SA &F


European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area Harvested

Yield Production

Imports Exports Feed Dom.

Domestic Consumpti

Ending Stocks

Wheat

111.4 115.852.59.97.44.524.5 2003/04 12.0

147.7 123.959.314.77.15.626.2 2004/05 28.3

132.9 128.263.015.76.85.126.0 2005/06 24.0

125.7 126.260.213.95.25.124.7 2006/07 14.8

120.8 117.252.412.46.84.924.9 2007/08 12.8

151.9 127.660.525.47.75.726.8 2008/09 19.4

139.7 125.657.522.35.45.426.0 2009/10 16.6

136.7 122.852.523.14.65.326.0 2010/11 11.9

138.2 127.257.516.77.45.325.8 2011/12 13.5

133.9 119.351.022.75.35.226.0 2012/13 10.8

143.5 115.848.031.94.05.625.8 2013/14 10.6

155.7 124.556.031.05.55.826.8 2014/15 16.3

Coarse Grains

134.1 147.7111.94.08.24.033.2 2003/04 13.6

169.1 155.2118.94.83.05.033.9 2004/05 25.6

149.5 150.7112.44.32.74.533.2 2005/06 22.8

140.0 150.6112.94.58.14.332.4 2006/07 15.6

138.7 157.1121.64.520.34.332.6 2007/08 13.0

164.9 154.2116.15.73.14.834.0 2008/09 21.3

157.6 152.4114.83.02.94.832.9 2009/10 26.2

142.8 154.6116.96.28.54.730.2 2010/11 16.7

149.9 151.5113.26.57.05.030.2 2011/12 15.6

145.9 153.1113.77.411.84.731.4 2012/13 12.9

158.5 164.3122.48.616.25.131.3 2013/14 14.7

168.2 164.9122.89.68.35.431.0 2014/15 16.7

Wheat and Coarse Grains

245.5 263.5164.313.915.64.357.7 2003/04 25.6

316.8 279.1178.219.510.05.360.1 2004/05 53.9

282.3 278.9175.420.09.44.859.1 2005/06 46.8

265.7 276.8173.118.513.24.757.0 2006/07 30.4

259.5 274.2174.116.927.14.557.5 2007/08 25.9

316.8 281.8176.631.110.85.260.9 2008/09 40.6

297.3 278.0172.325.38.25.058.9 2009/10 42.8

279.5 277.5169.429.313.15.056.2 2010/11 28.7

288.1 278.7170.723.314.35.156.0 2011/12 29.1

279.8 272.3164.730.017.14.957.3 2012/13 23.7

302.0 280.0170.440.620.25.357.2 2013/14 25.3

323.9 289.4178.840.613.85.657.8 2014/15 33.0


China: Grain Supply and Demand


Area Harvested

Yield Production


Domestic Consumpti

Ending Stocks

Wheat

86.5 104.56.02.83.73.922.0 2003/04 43.3

92.0 102.04.01.26.74.321.6 2004/05 38.8

97.4 101.53.51.41.14.322.8 2005/06 34.5

108.5 102.04.02.80.44.623.6 2006/07 38.6

109.3 106.08.02.80.04.623.7 2007/08 39.1

112.5 105.58.00.70.54.823.6 2008/09 45.8

115.1 107.010.00.91.44.724.3 2009/10 54.4

115.2 110.513.00.90.94.724.3 2010/11 59.1

117.4 122.524.01.02.94.824.3 2011/12 55.9

121.0 125.025.01.03.05.024.3 2012/13 54.0

121.9 121.521.00.96.85.124.1 2013/14 60.3

126.0 124.023.01.01.55.224.1 2014/15 62.8

Coarse Grains

124.5 138.899.67.71.54.627.0 2003/04 46.0

138.3 141.1100.37.62.14.928.0 2004/05 37.6

147.8 147.1103.53.82.35.128.8 2005/06 36.9

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

225.1 227.6161.80.012.45.938.4 2013/14 78.3

222.2 234.2168.20.114.15.739.1 2014/15 80.2

Wheat and Coarse Grains

211.0 243.3105.610.55.34.349.0 2003/04 89.3

230.2 243.1104.38.88.84.649.6 2004/05 76.4

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

347.0 349.1182.80.919.25.662.5 2013/14 138.5

348.2 358.2191.21.115.65.563.2 2014/15 143.0


Other Europe: Grain Supply and Demand


Area Harvested

Yield Production


Domestic Consumpti

Ending Stocks

Wheat

2.8 4.50.60.01.42.71.0 2003/04 0.7

4.6 5.20.90.31.44.31.1 2004/05 1.3

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

Documents

Grains