Grain: World Markets and Trade, March 2006

Grain: World Markets and Trade
Foreign Agricultural Service Circular Series
FG 03-06
March 2006

Canadian grain supplies are at the highest level in over a decade as the result of bumper crops and large carryin stocks. Despite record feed use as well as higher exports, ending stocks are nevertheless expected to swell to the highest level in 12 years. Corn imports are falling as a consequence of near-record production and recently imposed duties on U.S. corn. Barley exports are expected to reach a 9-year peak, with strong shipments already to China, Iran, and Saudi Arabia. Oat exports are expected to continue strong to the United States, and are facing less competition from subsidized EU oats. Durum exports have strengthened as a result of robust global demand following poor crops in Europe and North Africa. For spring wheat, although production was large, quality was sub-par again, limiting the growth in exports. Furthermore, China--Canada’s largest market last year--has sharply reduced purchases. However, exports to the United States could expand in future months following the elimination of duties on spring wheat.

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]