Grain: World Markets and Trade
Foreign Agricultural Service Circular Series
Rising Production Helps Relieve Tightness
In Chinese Grain Market
A string of larger crops in China has helped relieve tightness in the grain market and ease the sharp drawdown in stocks. For wheat, production is now estimated at a 7-year high, as area has expanded and growing conditions have been exceptional. With domestic demand continuing to stagnate, the bumper crop is even expected to result in a buildup in stocks. Ample supplies are also expected to reduce the need for imports--which are expected to be down by nearly half--and allow for greater exports to nearby markets. For rice, production has rebounded due to a recovery in area and good weather. Meanwhile, use has been falling as less rice is included in feed rations. As a result, in 2006/07, production is expected to exceed use for the first time in 7 years, halting the decline in stocks. For corn, despite record crops in recent years the situation remains tight as consumption continues to outstrip production. The shifting of dietary habits toward greater meat consumption has increased corn demand for animal feeding, while industrial use has also expanded. As a result, stocks are expected to continue to shrink and exports are expected to remain at relatively low levels, i.e., down 75 percent from 5 years ago.
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]
Historical Data Tables: Selected Regions and Countries
General Footnotes for Grain Tables
Grain and Feed 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: Sunday, March 17, 2013