WORLD COARSE GRAINS SITUATION AND OUTLOOK
World coarse grain trade for 1999/2000 is down slightly, reflecting stalled global consumption since 1996/97. Corn trade is forecast down 2.4 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 nine million tons and the black sea region is expected to see an increase in exportable supplies. 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
1998/99 Trade Changes
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