Over the
past 2 months, Argentine corn exports have been boosted by
4.5 million tons to 12.0 million while the U.S. export
estimate was cut 4.0 million tons in the face of virtually
unchanged world import demand.
Although
Argentina is coming off a drought-affected crop in 2008,
recent months have seen significant sales and shipments. In
fact, this month, USDA raised combined old and new crop
production over 6 million tons. Additionally, Argentine
export prices continue to slide in the face of harvest
activity, but U.S. prices actually rose slightly in
February. U.S. corn also seems to be dogged by reports of
quality concerns such as low test weight.
While the
United States will continue to dominate global corn trade,
Argentina has shown once again that it is a formidable
competitor, given adequate supplies and export licenses.
Key
buyers Japan and Korea have reportedly already bought over 1
million tons of corn from Argentina.
|
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)
View Interactive Global Map of Wheat Production and Trade
View Interactive Global Map of Corn Production and Trade |
| |
|
Grain Commodity Experts |
|
