Global wheat stocks are forecast rebuild by 36 million metric
tons (MMT), or 29 percent, primarily a result of record crops. However, not of all of these
stocks are available to the
world market. In China, where stocks are forecast up by over 5
MMT, stocks are a food security issue and their release is generally a policy decision.
Russia, Ukraine, and India, which also have a buildup in stocks, are grouped together
because of their history of using policy-based restrictions on exports. That implies
that their stocks are only partially available to the world, depending on their domestic supply
situation. In contrast, for the four major exporting countries, the surplus buildup of 22 MMT
would presumably all be available to the world market. Note that despite the recent
price volatility, it appears that most other countries in the world are not building stocks
for food security.
Global coarse grain stocks are forecast to grow by 26 MMT, or 17
percent, with corn accounting for half of the expansion, and barley 38 percent.
China is also forecast to build stocks, mostly corn. However, the likelihood of
significant exports is small, given the government’s focus on maintaining self-sufficiency in
grains. Among the “others” category, most of the change is attributable to Russia and
Ukraine, and these stocks are also growing. The United States and EU account for 36 percent of the
world’s coarse grain stocks. Combined coarse grain stocks for the two countries are
up 16 percent, or 9 MMT on the year. Those additional stocks are presumably available to
the world market.
|
Desk Reference Table
(Entire Circular PDF available at 10:00 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 |
|
