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| United States Department of Agriculture |
| Foreign Agricultural Service |
Circular Series
FG 0609 |
| June 2009 |
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Grain:
World Markets and Trade
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WHEAT: WORLD MARKETS AND TRADE
PRICES:
Domestic:
Prices for all classes of
wheat jumped in May after being relatively flat
for several months. Hard Red Winter (HRW)
increased $26 to $284/ton, Soft Red Winter (SRW)
rose $24 to $226/ton, Hard Red Spring (HRS)
expanded $16 to $328/ton, and Soft White (SWW)
is up $12 to $224/ton.
TRADE CHANGES IN
2009/2010
Selected Exporters:
- Ukraine
is down 1.0 million tons to 5.0 million on
reduced crop prospects.
- Russia
is up 500,000 tons to 18.0 million on large
carry-over stocks and potentially reduced
competition.
Selected Importers:
- Afghanistan is down 400,000 tons to
1.1 million on larger domestic production.
- Azerbaijan
is lowered 300,000 tons to 1.0 million based
on greater carry-in stocks.
TRADE CHANGES IN
2008/2009
Selected Exporters:
- Canada, EU, Kazakhstan,
and Ukraine
are all boosted 500,000 tons based on
unexpectedly strong late-season shipments.
- Russia
is raised 1.0 million tons to a record 18.0
million, on the continued heavy pace of
shipments, particularly to Egypt.
Selected Importers:
- Azerbaijan, Bangladesh,
and Sudan
are all raised 300,000 tons, reaching record
supplies despite relatively high prices.
- Egypt
is up 1.0 million tons to 9.5 million, a
record, on higher shipments.
- Turkey
is up 500,000 tons to 3.5 million based on
the strong pace of imports, particularly
from Russia.
- Uzbekistan is up 400,000 tons to 1.4
million due to increased imports from
Kazakhstan.
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