SITUATION AND OUTLOOK:
COMMENTARY AND CURRENT DATA
WORLD
COARSE GRAINS SITUATION AND OUTLOOK
World coarse grain trade for
1999/2000 is down slightly reflecting global consumption that has
stalled since 1996/97. Corn trade is forecast down 2.5 million
tons with U.S. exports dropping 4.5 million because of increased
competition from China. World barley trade is forecast to remain
robust as Middle Eastern and North African demand continues
strong. The EU is currently forecast to export a record 9 million
tons. A reduced U.S. barley crop is expected to result in the
U.S. being a net importer for a second consecutive year.
1999/2000 Trade
Changes
Selected Exporters
- United States corn
exports are up 500,000 tons to 47.5 million due to strong
sales.
- South Africa corn up
350,000 million tons to 1.1 million due to increased
production.
- United States barley
down 100,000 tons to 600,000 due to tighter supplies.
Selected Importers
- Malaysia corn imports
up 300,000 tons due to continued recovery of the poultry
sector.
1998/99 Trade
Changes
Selected Exporters
- United States corn
exports are up 1 million tons to 52 million due to a
strong end-of-year pace.
- Australia barley up
500,000 tons to 4.1 million due to continuing strong late
season sales.
- United States barley
up 75,000 tons to 575,000 reflecting stronger than
expected exports late in the year.
Selected Importers
- Malaysia corn imports
up 200,000 tons due to increased demand from the poultry
industry.
- Venezuela corn up
250,000 tons reflecting higher demand by feedmillers.
- China barley up
100,000 tons to 2.1 million.
Download the coarse grains tables in:
Adobe Acrobat Format
Lotus Spreadsheet Format
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Last modified: Thursday, November 13, 2003
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