Grain: World Markets and Trade

United States Department of Agriculture
Foreign Agricultural Service

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United States Department of Agriculture

Foreign Agricultural Service

Circular Series
FG 0308

March 2008

Grain: World Markets and Trade

Wheat Tables
Rice Tables
Coarse Grain Tables
Historical Data Series
Additional Information

Brazil has replaced China as a major corn exporter. Rising Brazilian corn exports have been fueled largely by unusually strong demand from the EU-27, caused by two consecutive small wheat and coarse grain crops. The EU-27 has already licensed 6.8 million tons of corn imports, which are expected to come mostly from Brazil. Production in Brazil is growing faster than consumption. High world prices and expanding domestic demand have encouraged more area (25 percent in 3 years) and greater yield efficiencies.

At the same time, Chinese exports have steadily dropped from 15.2 million tons in 2002/03 to 500,000 tons in the current year. Explosive economic growth and rising disposable incomes have led to increased meat consumption and corn use for feeding. Recent government actions to curb food price inflation--cancellation of VAT rebates for exports and initiation of an export tax together with the lack of export quotas for 2008--have severely limited corn exports.

Continued limitations on Chinese exports tighten available world supplies, indirectly opening market opportunities for Brazil. However, infrastructure and high freight costs may constrain exports in the short term.

Desk Reference Table

(Entire Circular PDF available at 9:30 a.m.)

Tables (available at 9:00 a.m)

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)

Grain Commodity Experts

Data in this report is available in both Adobe Acrobat and Excel spreadsheet formats. You may need to Get the Adobe Acrobat Reader.