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Foreign Agricultural Service Circular Series
FG 04-07
April 2007                   
                                     Green ball image Read the notice regarding the latest changes to the Circular                                

World rye trade is expected to fall to a 30-year low this year as a dearth of intervention stocks has restricted EU exports. These intervention stockpiles had swelled to over 5 million tons in recent years as the European Union bought excess rye production at an attractive guaranteed price of 101 euros per ton. However, in 2003/04, the Commission discontinued intervention purchases for rye and became aggressive in trying to liquidate these stocks. One of the major methods to accomplish that goal was to sell for export, often at only half the acquisition cost. Those sales typically accounted for nearly all of EU exports and a large portion of world trade.

Now, with intervention stocks effectively at zero, this source for exports is no longer an option and free-market supplies are unlikely to fill this void because of a number of factors. First, some EU farmers have shifted out of rye production, reducing the surplus available for export. For example, EU production this year was the lowest on record, with area down by half from 10 years ago. Second, the building of ethanol plants that use rye as a feedstock have created an additional market opportunity for producers. And third, without the bargain prices, there is little incentive for foreign markets such as Japan and South Korea to buy rye when other grains offer more feed value. Because of this, EU exports, and thus world rye trade, is likely to continue to remain at low levels.

       

TABLE OF CONTENTS                                                                    Complete Grain Report in PDF


Grain World Markets and Trade Commodity Data [Data is for current month only)                 
                                                                                                                   
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)




Green ball imageCIRCULAR MODIFICATIONS

The Foreign Agricultural Service (FAS) will update its production, supply and distribution database for cotton, oilseeds, grains and pulses at 9 a.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. It is available on the FAS website (http://www.fas.usda.gov/psdonline/). This circular will be released at 9:30 a.m. on the same day, together with its downloadable data set. This is an effort to speed up FAS information dissemination to more closely coincide with the release of the WASDE.

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.

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Last modified: Tuesday, April 10, 2007