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October 2001 Edition
Stocks Drop Among
Major Wheat Exporters
But Smaller Players'
Exports Soar
Smaller aggregate wheat production among the major exporters (United States, Canada, Australia, Argentina, and EU) is forecast to cause their ending stocks to fall to the lowest level in five years. Historically there has been a strong inverse relationship between stocks held by these exporters and global prices. However, this relationship has been muted by the unusually abundant supplies of cheap wheat available from countries that have not been traditional large exporters. These countries are led by Russia, Ukraine, Kazakhstan, and Hungary, which have bigger crops and India, which has large carryin stocks.
Complete Grain Report in PDF: Text and Tables
Foreign Countries' Policies and Programs:
Situation and Outlook: Commentary and Current Data
General Footnotes for Grain Tables
Grain and Feed
Contact List
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