Grain: World Markets and Trade,December 2006

Grain: World Markets and Trade        Back to FAS Home
Foreign Agricultural Service Circular Series
FG 03-07
March 2007
                                     Read the notice regarding the latest changes to the Circular

World Sorghum Trade Drops to a Near 40-year Low

World sorghum trade is forecast to fall to a near 40-year low this year, largely on reduced U.S. exports (which typically account for 90 percent of global trade). Severe drought in the Southern Plains decimated U.S. production, causing it to fall to the lowest level since 1960. This has severely curtailed exports, with sales down nearly 20 percent year to year. In addition, Australian production was also hurt by drought and exports are forecast to fall by half. Argentine sorghum sales, however, have been very strong as large, lower-priced exportable supplies are creating stronger competition for the United States.

For importers, Mexico is forecast to drop to a 10-year low of 2.3 million as a result of the tight U.S. supplies and a consequent shift to corn for feeding; current purchases are only half of last year. However, EU-25 imports, have jumped as evidenced by import licenses of 500,000 tons (compared to just 5,000 tons this time last year). Sorghum can be imported by the EU with a zero duty because of its relatively high price.

TABLE OF CONTENTS                                                                    Complete Grain Report in PDF
Grain World Markets and Trade Commodity Data

All Grains Summary: Global snapshot of grains production, consumption, stocks and trade

Wheat

Monthly Commentary: Wheat: World Markets and Trade

Table 1: World Wheat, Flour, and Products Trade

Table 2: World Wheat Production, Consumption, and Stocks

Table 3: Regional Wheat Imports, Production, Consumption, and Stocks

Rice

Monthly Commentary: Rice: World Markets and Trade

Table 1: World Rice Trade

Table 2: World Rice Production, Consumption, and Stocks

Table 3: Regional Rice Imports, Production, Consumption, and Stocks

Coarse Grains

Monthly Commentary: Coarse Grains: World Markets and Trade

Table 1: World Coarse Grain Trade

Table 2: World Coarse Grains Production, Consumption, and Stocks

Table 3: Regional Coarse Grain Imports, Production, Consumption, and Stocks

Table 4: World Corn Trade

Table 5: World Corn Production, Consumption, and Stocks

Table 6: Regional Corn Imports, Production, Consumption, and Stocks

Table 7: World Barley Trade

Table 8: World Barley Production, Consumption, and Stocks

Table 9: Regional Barley Imports, Production, Consumption, and Stocks

Table 10: World Sorghum Trade

Table 11: World Sorghum Production, Consumption, and Stocks

Table 12: Regional Sorghum Imports, Production, Consumption, and Stocks

Table 13: World Oats Trade

Table 14: World Oats Production, Consumption, and Stocks

Table 15: Regional Oats Imports, Production, Consumption, and Stocks

Table 16: World Rye Trade

Table 17: World Rye Production, Consumption, and Stocks

Table 18: Regional Rye Imports, Production, Consumption, and Stocks

Historical Data Series

Table 1: European Union: Grain Supply and Demand

Table 2: China: Grain Supply and Demand

Table 3: Other Europe: Grain Supply and Demand

Table 4: Former Soviet Union: Grain Supply and Demand (Wheat and Coarse Grains)

Table 5: Former Soviet Union: Grain Supply and Demand (Wheat)

Table 6: Former Soviet Union: Grain Supply and Demand (Corn)

Table 7: Former Soviet Union: Grain Supply and Demand (Barley)

Table 8: Wheat Supply and Disappearance: Selected Exporters

Table 9: Corn Supply and Disappearance: Selected Exporters

Table 10: Barley Supply and Disappearance: Selected Exporters

Table 11: Sorghum Supply and Disappearance: Selected Exporters

Table 12: U.S. Grains Supply and Distribution: Wheat, Corn, Sorghum, Barley, Oats, Rye, and Rice

Table 13: Total Wheat and Coarse Grains: Supply and Demand

Table 14: World Wheat and Coarse Grains: Supply and Demand

Table 15: World Corn and Barley: Supply and Demand

Table 16: World Rice: Supply and Demand

Endnotes: Regional Table Definitions and other notes.

Additional Resources

Production, Supply and Demand Database Online (PSD Online)

World Agricultural Supply and Demand Estimates (WASDE)

Interagency Commodity Estimates Committees (ICEC)

CIRCULAR MODIFICATIONS

Your comments on the new Circular are welcome and can be sent to gfd@usda.gov. Thank you for the comments that we have already received. They have been very helpful.

Grains 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: Monday, March 19, 2007