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Grain: World Markets and Trade
Foreign Agricultural Service Circular Series
FG 02-04
February 2004
Rice: Thailand Gets Larger Slice of Smaller Pie
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Global demand in 2003/04 is forecast down about 10 percent from last year,
due largely to reduced demand in Latin America, Africa, and Asia following
larger regional production. For example, in Latin America, Brazilian imports
are forecast to drop 50 percent.
On the supply side, neither the United States nor India is expected to export the record volumes attained in recent years. India’s supplies have returned to buffer levels and the government has seemingly reversed its previous aggressive export policy. Similarly, large U.S. stocks have now returned to more normal levels following the extremely low prices and strong exports to nearby markets in 2003. Thailand is expected to increase its market share and forecast to export a record 8.25 million tons. No single exporter has ever achieved this level of exports. |
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Complete Grain Report in PDF: Text and Tables
- Wheat [Text and Data Links] [PDF]
- Rice [Text and Data Links] [PDF]
- Coarse Grains [Text and Data Links] [PDF]
Beginning January 2004, printed versions of the Grain: World Markets and Trade circular are no longer published. The online issue of the circular, which includes Summary Tables, Situation and Outlook reports, and Historical Data Series for Selected Regions and Countries, is available via the FAS Web site (http://www.fas.usda.gov/grain/).
Contact List
Data in this report is available in both Adobe Acrobat and Excel spreadsheet formats. You may need to Get the Adobe Acrobat Reader.
Last modified: Thursday, November 13, 2003
