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Grain: World Markets and Trade
Foreign Agricultural Service Circular Series
FG 06-06
June
2006
Black Sea Region Wheat Exports to Drop by Half
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Black Sea region exports this year are forecast to fall by half as a result of sharply smaller exportable wheat supplies. Many countries in this region experienced very dry fall weather which reduced planted area, and combined with a harsh winter to shrink production. Strong export campaigns in 2005/06 also meant that stocks in the region did not build and therefore will not help offset this production shortfall. Domestically, reduced wheat production coupled with larger barley crops should result in a shift of feeding towards barley. Internationally, this smaller production will contribute to tight world supplies and expected higher global prices. It will also create opportunities for other suppliers such as the EU-25 and Argentina in key Mediterranean markets. Smaller Ukrainian supplies will also contribute to less global trade in feed-quality wheat, and some shift is likely to corn. EU-25 wheat import demand from the Black Sea region is expected to be replaced by larger domestic grain supplies, especially in Spain. |
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]
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, March 08, 2007
