February 1999 Edition
U.S. and EU Wheat Exports Hit by Reduced Global Import Demand
Some Food Aid Shipments Delayed Beyond June 1999
Shipping delays in the U.S. and EU wheat food aid programs, coupled with the lowest level of global import demand in the past decade, has resulted in a 1.5 million ton reduction in each export forecast this month. However, forecast 1998/99 exports by the United States and the European Union of 28.5 and 16.5 million tons, respectively, remain above last year's level.
In addition to the delayed food aid shipments, lower EU exports are due to reduced import demand for flour and products. This is particularly the case in the Mediterranean Basin (typical EU markets) where improvements in the size and efficiency of the milling industry are creating more demand for wheat, thus displacing flour and products.
Foreign Countries' Policies and Programs
Situation and Outlook: Commentary and Current Data
Historical Data Tables: Selected Regions and Countries
General Footnotes for Grain Tables
Grain and Feed Contact List
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