Grain: World Markets and Trade,September 2006

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Foreign Agricultural Service Circular Series
FG 09-06
September 2006

Read the notice regarding changes to the Circular

For 2006/07, the United States is expected to continue to dominate the global corn export market as a result of slack competition from most of the other major exporters. For China, although another bumper harvest is expected, domestic demand continues to rise as the livestock and poultry sectors are experiencing rapid growth and industrial use of corn is expanding. Greater meat consumption is largely due to higher incomes and urbanization. As a result of this strong growth, stocks are forecast to continue shrinking while exports are expected to remain at just a quarter of the level of 5 years ago. In Brazil, strong domestic growth is similarly limiting export potential. Argentine production is currently forecast to rebound, although those supplies will not be available until the new crop is harvested in March. This will provide a window of opportunity for U.S. corn during the first half of the trade year (Oct/Sep). U.S. export sales are already off to a fast start, with outstanding sales up by about 50 percent, and exports for the full year expected to climb to the highest in over a decade.

TABLE OF CONTENTS                                                                    Complete Grain Report in PDF
Grain World Markets and Trade Commodity Data

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)

CIRCULAR MODIFICATIONS

FAS released a new version of PSD Online on August 31, 2006. It retains all of the ease-of-use and functionality of the current version, while incorporating some new features. Samples of the new data attributes and format can be obtained from the FAS web site (http://www.fas.usda.gov/psdonline/psdHome.aspx).

The new system will allow us to overhaul this Circular so readers will notice a new look beginning in September. This revised format will be "in transition" over the next several months, as we make use of the expanded capabilities of the new PSD system. Your comments on the new Circular will be welcome and can be sent to gfd@usda.gov. We thank you in advance for your patience over the next few months.