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Grain: World Markets and Trade
Foreign Agricultural Service Circular Series
FG 12-04
December 2004
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Recovering wheat production in Argentina has boosted exports, and with reduced Brazilian demand, more of these exports have been flowing to Mediterranean, African, and even Asian markets. Argentina’s resurgence into these markets has increased competition, especially with the European Union and United States. During the last few months, the combination of large, late-season, old-crop supplies and prospects for an even better new crop has pushed down prices, with FOB Buenos Aires more than $40 below Gulf HRW. Although some of the price competitiveness has been lost by near-record freight rates, Argentine wheat has still been quite attractive, especially in Egyptian tenders. GASC (Egypt’s state grain purchaser) has already bought over a million tons so far this year, the largest amount ever. |
Complete Grain
Report in PDF: Text and Tables
All Grain Summary Tables: Foreign
Countries and US Data
World Markets and Trade: Commentary
and Current Data
Wheat Commentary [Text] [Adobe Acrobat Format] Wheat Data Tables [Excel Spreadsheet Format] [Adobe Acrobat Format] Rice Commentary [Text] [Adobe Acrobat Format] Rice Data Tables [Excel Spreadsheet Format] [Adobe Acrobat Format] Coarse Grains Commentary [Text] [Adobe Acrobat Format] Coarse Grains Data Tables Excel Spreadsheet Format] [Adobe Acrobat Format]
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
