Circular Modifications

With the introduction of the May Circular, USDA has consolidated European Union balance sheets for grains dating back to 1972 excluding EU intra-trade.  The result is a uniform EU15 time series that reflects only third-country trade.  From this point on, EU member state data will no longer be maintained in the official USDA database.  The world trade totals published in the World Agricultural Supply and Demand Estimates (WASDE) report will now exclude EU intra-trade.  Spreadsheets containing the complete EU15 historical series along with archived EU member states’ data basis April April including intra-EU trade can be found below.

The local marketing year for grains for the EU is July/June except for corn (October/September) and rice (September/August).

Other changes to this circular include the following:

Situation and Outlook Tables

• Countries were either added or deleted from the situation and outlook tables to more accurately reflect the major players involved in the global grain trade.
• Rice – The production table found on page 14 now reflects milled rather than rough rice.

Historical Data Series

• Wheat: An India S&D was added to the selected exporters table found on page 38.
• Corn: A Hungary S&D was added to the selected exporters table found on page 39.
• Barley: An EU S&D was added to the selected exporters table found on page 40.
• Corn and Barley World Total tables were added to page 44.

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Last modified: Thursday, November 13, 2003