COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND...

36
15 COARSE GRAINS: WORLD MARKETS AND TRADE OVERVIEW Record corn production for 2016/17 is raised from last month with larger crops in both Ukraine and Mexico more than offsetting lower production in the EU. Robust demand in both Iran and Vietnam support a higher volume of global exports. Moreover, a smaller barley crop in Iran boosts the demand for imported feedstuffs. The U.S. season-average farm price for corn is unchanged at $3.40 per bushel. PRICES Corn prices in major exporting countries are minimally changed from last month. Argentine quotes are around $182 per ton, mostly unchanged from last month, while Brazilian FOB quotes have been seasonally unavailable. Black Sea quotes are nearly the same at $170. U.S. prices displayed the strongest growth, briefly surpassing $170 but nevertheless retreating to $168 per ton. Reflecting abundant new-crop supplies, both U.S. and Black Sea quotes show significant divergence from South American bids in advance of upcoming harvests. However, Argentine forward prices, March onward, are competitive relative to the United States. 150 160 170 180 190 200 210 220 $/MT Corn Daily Export Bids U.S. Gulf Brazil Paranagua Black Sea Argentina Up River Foreign Agricultural Service/USDA February 2017 Office of Global Analysis

Transcript of COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND...

Page 1: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

15

COARSE GRAINS: WORLD MARKETS AND TRADE OVERVIEW Record corn production for 2016/17 is raised from last month with larger crops in both Ukraine and Mexico more than offsetting lower production in the EU. Robust demand in both Iran and Vietnam support a higher volume of global exports. Moreover, a smaller barley crop in Iran boosts the demand for imported feedstuffs. The U.S. season-average farm price for corn is unchanged at $3.40 per bushel. PRICES Corn prices in major exporting countries are minimally changed from last month. Argentine quotes are around $182 per ton, mostly unchanged from last month, while Brazilian FOB quotes have been seasonally unavailable. Black Sea quotes are nearly the same at $170. U.S. prices displayed the strongest growth, briefly surpassing $170 but nevertheless retreating to $168 per ton. Reflecting abundant new-crop supplies, both U.S. and Black Sea quotes show significant divergence from South American bids in advance of upcoming harvests. However, Argentine forward prices, March onward, are competitive relative to the United States.

150

160

170

180

190

200

210

220

$/M

T

Corn Daily Export Bids

U.S. Gulf Brazil Paranagua Black Sea Argentina Up River

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 2: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

16

TRADE CHANGES IN 2016/17 Selected Exporters

• U.S. sorghum is cut 500,000 tons to 5.8 million on a continued slow pace of sales and shipments particularly to China.

• Canadian corn is up 300,000 tons to 1.0 million reflecting larger sales to Spain.

• Kazakh barley is boosted 300,000 tons to 1.0 million with the brisk pace of recent exports.

• Ukrainian corn is raised 700,000 tons to 18.7 million reflecting higher exportable supplies.

• European Union barley is down 300,000 tons to 5.9 million due to the slow pace of exports.

Selected Importers

• Chinese sorghum is cut 500,000 tons to 4.5 million on a slower pace to date. Note: 2016/17 (Oct-Sep) corn consumption is boosted this month to partly offset lower imports of alternative feedstuffs, particularly sorghum and distillers’ dried grains (DDGS). Since the elimination of the support price, corn prices in China have dropped substantially, encouraging greater use of domestic corn. Also, higher duties on U.S. DDGS have resulted in substantially lower imports. The corn use for food, seed, industrial (FSI) is also raised as lower prices and government support policies are expected to promote domestic use and exports of corn products - corn starch, glucose, fructose, and citric acid. As a result, corn ending stocks are forecast lower from last month.

• Iranian corn is boosted 500,000 tons to 7.5 million to partly offset the smaller barley crop.

• Vietnamese corn is raised 500,000 tons to 8.0 million reflecting larger shipments from Argentina.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 3: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Coarse Grain Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

28,35528,35525,28421,00316,63029,497 Argentina

7,7757,7756,6827,2917,0096,416 Australia

22,03022,03035,41521,95422,05926,078 Brazil

4,4504,0504,6873,5995,4824,658 Canada

8,2308,53010,93415,0687,8418,943 European Union

2,3152,3152,6763,0312,7182,861 Paraguay

9,2359,2358,4659,1557,0744,366 Russia

2,5602,5601,5463,0011,799605 Serbia

1,3251,3257697622,1282,412 South Africa

23,91023,21021,45724,20824,12515,527 Ukraine

7,4307,1257,9598,42111,61010,454 Others

117,615116,510125,874117,493108,475111,817 Subtotal

62,48562,98559,29556,42356,77620,586 United States

180,100179,495185,169173,916165,251132,403 World Total

none

TY Imports

5,4255,4255,2244,8634,9463,289 Algeria

2,2502,2502,1211,0231,1841,238 Brazil

2,0252,0251,8051,7071,6211,327 Chile

12,70013,20017,49925,69912,4455,603 China

5,1405,1404,8244,7474,7954,090 Colombia

9,1059,1058,8497,9408,7755,097 Egypt

13,65513,65514,2619,40816,35511,778 European Union

9,1008,6008,3008,0006,6004,800 Iran

1,8101,8101,5101,6032,0731,564 Israel

16,87016,87017,06316,72617,50117,742 Japan

1,4751,4751,7221,4591,6721,406 Jordan

9,8859,88510,19210,24510,4998,265 Korea, South

1,5001,5001,9051,6851,4931,220 Libya

3,8003,8004,1343,2383,4853,048 Malaysia

14,77514,77514,90411,64011,3127,624 Mexico

3,2003,2003,1822,2172,8581,832 Morocco

3,0353,0353,0772,8632,3362,404 Peru

14,21014,21013,99211,11511,33212,390 Saudi Arabia

2,7302,7302,72869323592 South Africa

4,7004,7004,7813,9384,3464,413 Taiwan

1,8001,8001,7131,5251,4491,608 Tunisia

1,8051,8057132,7191,9771,922 Turkey

2,2002,2001,8002,4332,6272,154 Venezuela

8,0007,5008,6006,7004,3001,600 Vietnam

1,4401,440834720620720 Zimbabwe

20,01119,99620,17121,18719,55016,048 Others

172,646172,131175,904166,093156,386123,274 Subtotal

3,8993,8895,2834,5285,5422,614 Unaccounted

3,5553,4753,9823,2953,3236,515 United States

180,100179,495185,169173,916165,251132,403 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 4: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Coarse Grains Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

43,88443,83437,93936,78235,66537,246 Argentina

14,48414,48412,43712,60512,15811,414 Australia

89,01789,01769,12687,66982,60384,253 Brazil

25,63025,63025,61921,99228,74524,445 Canada

227,354227,354231,822222,750225,407212,192 China

12,75012,7509,98514,44213,07912,286 Ethiopia

151,998152,356151,740170,688159,212146,188 European Union

42,26042,26038,04343,07643,21639,910 India

10,20010,20010,5009,0009,1008,500 Indonesia

32,32531,82532,39732,68932,06528,881 Mexico

18,50018,50017,95019,01519,29218,573 Nigeria

40,91540,91537,42740,38635,73528,658 Russia

13,51313,4688,36411,11015,51812,873 South Africa

10,92510,92514,2759,42513,09010,595 Turkey

39,20538,10033,38739,38940,02229,528 Ukraine

153,467153,441150,611159,378147,581145,649 Others

926,427925,059881,622930,396912,488851,191 Subtotal

402,598402,598367,009377,234367,089285,311 United States

1,329,0251,327,6571,248,6311,307,6301,279,5771,136,502 World Total

none

Domestic Consumption

15,53415,53414,27114,23213,69512,050 Argentina

61,42761,42759,69360,02358,02855,803 Brazil

22,09522,49521,23621,29522,34520,340 Canada

249,050245,550239,165229,059223,546209,671 China

16,05816,05815,80314,83214,12212,910 Egypt

159,880160,180156,910162,555164,401153,341 European Union

40,97040,97039,49040,40037,60035,075 India

15,52015,92013,82012,02011,32010,520 Iran

17,18117,18117,25816,90317,57017,830 Japan

45,91545,81544,71542,17540,93536,195 Mexico

18,50018,50018,15018,95019,35018,700 Nigeria

30,82530,82529,64031,13928,61925,134 Russia

14,80514,63014,10511,90511,41110,750 Saudi Arabia

13,23013,23014,42513,05513,43013,005 Turkey

14,39514,29513,86515,43015,97714,661 Ukraine

247,180246,439241,130240,522227,554218,848 Others

995,284992,029936,749960,472927,440858,948 Subtotal

329,101327,491312,705311,339305,044275,537 United States

1,324,3851,319,5201,249,4541,271,8111,232,4841,134,485 World Total

none

Ending Stocks

6,7766,7766,1668,21314,2599,560 Brazil

4,8414,7414,6663,3344,6483,024 Canada

103,125107,130112,156102,02782,65968,386 China

12,43911,85514,89618,94015,56513,055 European Union

6,3146,7147,1747,1345,0944,654 Iran

6,2935,9855,9084,8323,4871,542 Mexico

4,1654,1274,4053,3613,7223,230 Saudi Arabia

43,87342,76142,55052,06747,29036,962 Others

187,826190,089197,921199,908176,724140,413 Subtotal

62,84763,73648,11246,94834,31323,531 United States

250,673253,825246,033246,856211,037163,944 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 5: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Coarse Grains Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

14,661 North America 15,349 16,648 19,976 19,340 19,420

2,470 Central America 2,923 3,456 3,938 3,875 3,875

2,327 Caribbean 2,330 2,444 2,597 2,685 2,685

11,812 South America 13,180 13,355 13,993 15,635 15,675

11,778 European Union - 28 16,355 9,408 14,261 13,655 13,655

728 Former Soviet Union - 12 807 723 553 655 655

25,078 Middle East 26,614 27,768 29,379 31,080 31,580

13,046 North Africa 19,521 18,230 20,873 21,030 21,030

2,742 Sub-Saharan Africa 3,616 4,569 7,018 7,405 7,405

36,176 East Asia 44,865 56,665 49,588 44,735 44,235

7,961 Southeast Asia 12,814 14,736 15,810 13,875 14,375

1,010 Others 1,335 1,386 1,900 1,636 1,611

129,789 Total 159,709 169,388 179,886 175,606 176,201

Production none

338,637 North America 427,899 431,915 425,025 460,053 460,553

136,025 South America 131,844 138,220 120,789 145,736 145,786

146,188 European Union - 28 159,212 170,688 151,740 152,356 151,998

6,567 Other Europe 8,864 10,736 8,976 10,523 10,523

68,222 Former Soviet Union - 12 87,758 91,599 82,121 91,341 93,116

18,632 Middle East 21,630 17,819 22,697 19,903 19,284

10,473 North Africa 11,560 11,092 12,497 9,815 9,815

103,567 Sub-Saharan Africa 102,631 109,419 94,759 104,238 104,283

214,616 East Asia 227,797 225,528 234,465 230,003 230,003

47,642 South Asia 51,986 51,822 46,597 51,088 51,088

29,005 Southeast Asia 30,616 30,945 31,418 32,773 32,773

12,082 Oceania 12,805 13,283 13,129 15,124 15,059

4,846 Others 4,975 4,564 4,418 4,704 4,744

1,136,502 Total 1,279,577 1,307,630 1,248,631 1,327,657 1,329,025

Domestic Consumption none

332,072 North America 368,324 374,809 378,656 395,801 397,111

89,796 South America 94,375 97,049 97,345 100,833 100,953

153,341 European Union - 28 164,401 162,555 156,910 160,180 159,880

7,098 Other Europe 7,751 8,117 8,361 8,497 8,472

50,225 Former Soviet Union - 12 55,736 58,148 54,616 56,736 57,082

42,852 Middle East 45,753 45,586 51,186 52,687 52,462

25,171 North Africa 28,059 30,230 32,391 32,013 32,013

103,253 Sub-Saharan Africa 102,361 109,819 103,276 105,741 105,771

242,831 East Asia 257,690 262,947 273,506 279,902 283,402

42,704 South Asia 46,165 49,329 48,985 50,524 50,524

35,387 Southeast Asia 38,543 41,133 43,589 45,666 46,016

6,107 Oceania 5,764 5,846 6,654 6,769 6,749

9,533 Others 10,025 10,266 10,906 11,191 11,231

1,140,370 Total 1,224,947 1,255,834 1,266,381 1,306,540 1,311,666

Ending Stocks none

28,097 North America 42,448 55,114 58,686 74,462 73,981

15,559 South America 21,435 16,069 12,342 12,809 13,420

13,055 European Union - 28 15,565 18,940 14,896 11,855 12,439

618 Other Europe 750 1,069 865 1,218 1,218

5,017 Former Soviet Union - 12 7,018 7,429 4,213 5,838 6,267

9,933 Middle East 11,721 12,634 13,998 12,595 12,230

3,584 North Africa 5,629 5,443 5,880 4,602 4,602

9,049 Sub-Saharan Africa 9,542 12,319 8,481 9,243 9,243

71,687 East Asia 86,671 105,900 116,423 111,229 107,224

2,404 South Asia 4,093 5,289 3,056 3,631 3,631

3,259 Southeast Asia 4,114 4,040 4,728 3,205 3,325

902 Oceania 1,115 1,634 1,493 2,118 2,073

780 Others 936 976 972 1,020 1,020

163,944 Total 211,037 246,856 246,033 253,825 250,673

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 6: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Corn Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

25,50025,50021,67218,44812,84622,789 Argentina

22,00022,00035,38221,90922,04126,044 Brazil

1,1001,1001,0001,2501,100750 Burma

1,0007001,7643951,9391,813 Canada

2,0002,0001,9494,0272,4042,194 European Union

2,3002,3002,6613,0122,7142,858 Paraguay

5,3005,3004,6913,2134,1941,917 Russia

2,5002,5001,5132,9641,780578 Serbia

1,3001,3007597462,1042,398 South Africa

18,70018,00016,59519,66120,00412,726 Ukraine

4,8504,8505,7575,9719,0138,417 Others

86,55085,55093,74381,59680,13982,484 Subtotal

56,50056,50051,19846,83150,69118,262 United States

143,050142,050144,941128,427130,830100,746 World Total

none

TY Imports

4,5004,5004,3294,1164,1562,918 Algeria

1,8001,8001,566534846869 Brazil

1,0001,0009491,536678492 Canada

1,8001,8001,6001,5161,456844 Chile

3,0003,0003,1745,5163,2772,702 China

4,8004,8004,4584,4964,4363,266 Colombia

1,3501,3501,3511,2021,0111,046 Dominican Republic

9,0009,0008,7767,8418,7265,059 Egypt

13,10013,10013,7688,90816,01411,362 European Union

7,5007,0006,6006,1005,5003,700 Iran

1,5001,5001,1521,2961,6521,224 Israel

15,00015,00015,19414,65715,12114,411 Japan

9,8009,80010,12110,16810,4068,174 Korea, South

3,8003,8004,1343,2383,4853,048 Malaysia

13,80013,80014,01111,34110,9495,676 Mexico

2,3002,3002,2241,9412,3491,684 Morocco

2,9002,9002,9542,7412,2322,254 Peru

3,7003,7003,5832,9042,6842,063 Saudi Arabia

2,5002,5002,579469790 South Africa

4,6004,6004,6563,8104,1794,241 Taiwan

1,2001,2001,0171,042993846 Tunisia

1,5001,5005672,3771,3811,656 Turkey

2,2002,2001,8002,4332,6262,154 Venezuela

8,0007,5008,6006,7004,3001,600 Vietnam

1,4001,400800700600700 Zimbabwe

16,47016,45016,67017,30916,82312,876 Others

138,520137,500136,633124,891125,95994,865 Subtotal

3,1303,1506,5292,7274,1441,616 Unaccounted

1,4001,4001,7798097274,265 United States

143,050142,050144,941128,427130,830100,746 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 7: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Corn Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

36,50036,50029,00029,75026,00027,000 Argentina

86,50086,50067,00085,00080,00081,500 Brazil

13,20013,20013,55911,48714,19413,060 Canada

219,554219,554224,632215,646218,489205,614 China

6,3006,3005,0507,2356,4926,158 Ethiopia

60,30960,68458,40875,72064,93159,142 European Union

24,50024,50021,80024,17024,25922,258 India

10,20010,20010,5009,0009,1008,500 Indonesia

26,00024,50025,97125,48022,88021,591 Mexico

7,2007,2007,0007,5157,7007,630 Nigeria

7,9007,9006,9707,6717,5327,261 Philippines

15,50015,50013,16811,32511,6358,213 Russia

7,5007,5006,0007,7005,9003,750 Serbia

13,00013,0007,90010,62914,92512,365 South Africa

28,00027,00023,33328,45030,90020,922 Ukraine

93,26593,11194,93497,70194,17191,482 Others

655,428653,149615,225654,479639,108596,446 Subtotal

384,778384,778345,506361,091351,272273,192 United States

1,040,2061,037,927960,7311,015,570990,380869,638 World Total

none

Total Consumption

10,50010,5009,1509,3008,8007,900 Argentina

58,50058,50057,00057,00055,00052,500 Brazil

12,90013,30012,35412,82012,67511,604 Canada

231,000227,000217,500202,000208,000200,000 China

15,10015,10014,85013,90013,20012,000 Egypt

73,30073,60073,20077,88076,79669,846 European Union

23,40023,40022,65022,30019,60017,500 India

12,30012,30012,10012,20011,90010,900 Indonesia

10,60010,3008,8007,4006,8006,200 Iran

15,10015,10015,20014,60015,00014,300 Japan

9,9009,90010,12310,2509,8918,481 Korea, South

38,60037,50037,30034,55031,70027,000 Mexico

9,6009,6008,7008,1007,5006,400 Russia

11,30011,30011,20011,65011,50011,000 South Africa

12,90012,40012,0009,4007,7006,200 Vietnam

160,986160,846157,954158,428153,268144,087 Others

718,187712,997661,239678,784655,797601,597 Subtotal

314,847313,958298,869301,792292,958262,973 United States

1,033,0341,026,955960,108980,576948,755864,570 World Total

none

Ending Stocks

6,4426,4425,8427,84213,9729,150 Brazil

2,5432,3432,2431,4021,6001,549 Canada

102,308106,308110,774100,47281,32367,579 China

2,1012,1012,2112,2952,3981,076 Egypt

4,7485,0156,6399,6126,8915,146 European Union

5,4965,2966,0565,7164,4763,236 Iran

5,6135,2425,2134,0902,603975 Mexico

29,37828,41427,28934,36430,21823,578 Others

158,629161,161166,267165,793143,481112,289 Subtotal

58,93359,82244,12343,97431,29220,859 United States

217,562220,983210,390209,767174,773133,148 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 8: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Corn Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

10,433 North America 12,354 13,686 16,739 16,200 16,200

2,470 Central America 2,922 3,456 3,938 3,875 3,875

9,651 South America 12,025 12,042 12,554 14,300 14,320

11,362 European Union - 28 16,014 8,908 13,768 13,100 13,100

322 Former Soviet Union - 12 448 491 359 420 420

10,944 Middle East 13,812 15,237 14,916 16,475 16,975

11,154 North Africa 17,036 15,624 16,927 17,700 17,700

2,092 Sub-Saharan Africa 2,941 3,776 6,289 6,670 6,670

29,681 East Asia 33,057 34,208 33,198 32,480 32,480

7,943 Southeast Asia 12,768 14,722 15,795 13,860 14,360

2,327 Caribbean 2,330 2,444 2,597 2,685 2,685

751 Others 979 1,106 1,332 1,135 1,135

99,130 Total 126,686 125,700 138,412 138,900 139,920

Production none

307,843 North America 388,346 398,058 385,036 422,478 423,978

120,997 South America 117,456 126,592 107,559 133,484 133,484

59,142 European Union - 28 64,931 75,720 58,408 60,684 60,309

4,912 Other Europe 7,222 8,963 7,191 8,729 8,729

32,310 Former Soviet Union - 12 46,916 43,801 39,845 46,560 47,622

7,493 Middle East 8,173 7,769 9,228 8,439 8,508

5,919 North Africa 5,898 6,161 6,201 6,201 6,201

60,555 Sub-Saharan Africa 63,519 63,151 55,331 59,883 59,883

207,737 East Asia 220,582 218,095 226,983 221,908 221,908

28,857 South Asia 31,865 31,740 29,170 32,070 32,070

3,755 Central America 3,817 3,416 3,300 3,560 3,600

28,740 Southeast Asia 30,334 30,651 31,123 32,483 32,483

1,378 Others 1,321 1,453 1,356 1,448 1,431

869,638 Total 990,380 1,015,570 960,731 1,037,927 1,040,206

Domestic Consumption none

301,577 North America 337,333 349,162 348,523 364,758 366,347

78,981 South America 83,551 86,451 86,626 89,785 89,885

69,846 European Union - 28 76,796 77,880 73,200 73,600 73,300

5,194 Other Europe 5,847 6,147 6,422 6,520 6,520

18,080 Former Soviet Union - 12 21,130 21,482 20,395 21,865 21,965

18,710 Middle East 19,785 21,710 23,845 25,680 26,030

18,450 North Africa 20,800 22,100 23,140 24,020 24,020

60,039 Sub-Saharan Africa 62,444 63,901 62,183 61,031 61,031

229,234 East Asia 239,185 233,237 249,453 258,955 262,955

23,980 South Asia 26,982 30,007 30,720 31,570 31,570

35,109 Southeast Asia 38,254 40,799 43,284 45,360 45,710

6,175 Central America 6,600 6,710 7,175 7,350 7,390

3,516 Others 3,581 3,984 3,984 4,110 4,110

868,891 Total 942,288 963,570 978,950 1,014,604 1,020,833

Ending Stocks none

23,383 North America 35,495 49,466 51,579 67,407 67,089

13,628 South America 19,022 14,004 10,151 10,969 11,530

5,146 European Union - 28 6,891 9,612 6,639 5,015 4,748

371 Other Europe 504 852 716 1,065 1,065

1,948 Former Soviet Union - 12 3,368 3,023 1,426 2,846 3,108

4,108 Middle East 5,872 7,067 7,194 6,264 6,502

1,771 North Africa 3,117 3,306 3,037 2,908 2,908

6,589 Sub-Saharan Africa 7,534 9,487 6,765 7,327 7,327

70,387 East Asia 84,864 103,922 114,648 110,061 106,061

1,744 South Asia 3,005 3,935 2,465 2,835 2,835

3,254 Southeast Asia 4,108 4,034 4,722 3,205 3,325

487 Central America 597 600 627 692 692

332 Others 396 459 421 389 372

133,148 Total 174,773 209,767 210,390 220,983 217,562

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 9: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Barley Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

2,0002,0002,8361,5992,8293,647 Argentina

7,0007,0005,4005,2666,2614,622 Australia

1,7001,7001,1461,3861,7141,316 Canada

5,9006,2008,60310,6424,9266,501 European Union

7070597546546 India

1,000700776476501151 Kazakhstan

3,9003,9003,7355,8072,7912,366 Russia

606033371826 Serbia

5,0005,0004,6734,3323,8272,659 Ukraine

5050444336107 Uruguay

7575641234258 Others

26,75526,75527,31529,80823,49121,999 Subtotal

150150161291336163 United States

26,90526,90527,47630,09923,82722,162 World Total

none

TY Imports

900900864723778364 Algeria

450450551489337369 Brazil

5,0005,0005,8699,8594,8912,183 China

285285301249253232 Colombia

10010072984637 Egypt

3503503152695853 European Union

1,6001,6001,7001,9001,1001,100 Iran

275275321278304244 Israel

1,1001,1001,1541,0971,2941,356 Japan

800800902759997831 Jordan

400400247412436388 Kuwait

8008001,3241,001681573 Libya

17517513218410847 Mexico

900900958276471148 Morocco

1101109812287103 Peru

10,50010,50010,4008,2008,50010,200 Saudi Arabia

200200100100100300 Syria

600600696483456762 Tunisia

300300146332596266 Turkey

400400467394468541 United Arab Emirates

1,0511,0761,0701,2411,0771,112 Others

26,29626,32127,68728,46623,03821,209 Subtotal

259234-5611,203266522 Unaccounted

350350350430523431 United States

26,90526,90527,47630,09923,82722,162 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 10: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Barley Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

3,2003,1504,9402,9004,7505,000 Argentina

10,60010,6008,5938,6469,1747,472 Australia

2,1002,1001,8491,9881,6741,917 Belarus

8,8008,8008,2267,11910,2378,012 Canada

2,0002,0001,8701,8101,7001,626 China

2,0502,0501,9501,9531,9081,782 Ethiopia

59,78759,75961,52760,62559,67454,875 European Union

1,5101,5101,6131,8311,7521,619 India

3,0003,8003,0003,2002,8002,770 Iran

1,1001,1001,0501,000944500 Iraq

3,2312,7002,6752,4122,5391,500 Kazakhstan

1,0761,0763,5001,7002,7231,201 Morocco

17,50017,50017,08320,02615,38913,952 Russia

4,7504,7507,4004,0007,3005,500 Turkey

9,9009,8008,7519,4507,5616,935 Ukraine

9,0109,0239,1559,1509,4489,675 Others

139,614139,718143,182137,810139,573124,336 Subtotal

4,3394,3394,7503,9534,7194,768 United States

143,953144,057147,932141,763144,292129,104 World Total

none

Total Consumption

2,0502,0502,1502,0502,0502,000 Algeria

3,1003,1003,3003,0002,8003,000 Australia

2,1002,1001,8502,0001,8002,000 Belarus

7,1657,1656,9686,4717,7186,811 Canada

7,1007,1007,90011,6006,3004,000 China

2,0252,0251,9901,9751,9251,725 Ethiopia

54,10054,10051,70050,90053,40051,000 European Union

1,5701,5701,5201,4001,2001,525 India

4,9005,6005,0004,6004,5004,300 Iran

2,2002,0002,0002,0002,0001,375 Kazakhstan

2,8002,8003,4502,7002,3001,900 Morocco

13,70013,70013,60014,10012,70012,100 Russia

10,72510,72510,2258,5258,6258,325 Saudi Arabia

5,5005,5006,9005,3506,9506,200 Turkey

4,9004,9004,7004,7005,0005,100 Ukraine

17,09917,11917,63716,86517,04715,754 Others

141,164141,659142,969137,331136,093126,663 Subtotal

4,5284,5284,4064,2354,7754,638 United States

145,692146,187147,375141,566140,868131,301 World Total

none

Ending Stocks

1,1401,1401,2901,3041,1781,217 Algeria

1,5131,5131,0131,120693536 Australia

1,4531,4531,4431,2171,950983 Canada

5,3575,0525,2205,8875,6215,044 European Union

8181,4181,1181,4186181,418 Iran

3,8443,8444,0593,0743,3893,003 Saudi Arabia

9148149091,265971872 Ukraine

5,5875,5247,3417,0637,6515,615 Others

20,62620,75822,39322,34822,07118,688 Subtotal

2,2512,2512,2231,7111,7911,750 United States

22,87723,00924,61624,05923,86220,438 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 11: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Barley Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

499 North America 640 779 613 600 600

1,064 South America 886 1,169 1,157 980 980

53 European Union - 28 58 269 315 350 350

126 Other Europe 163 120 84 155 130

378 Former Soviet Union - 12 352 226 169 230 230

13,906 Middle East 12,537 12,480 14,415 14,555 14,555

1,884 North Africa 2,432 2,581 3,914 3,300 3,300

52 Sub-Saharan Africa 116 138 40 120 120

3,668 East Asia 6,320 11,080 7,136 6,225 6,225

2 South Asia 11 22 187 131 131

8 Oceania 46 32 7 25 25

21,640 Total 23,561 28,896 28,037 26,671 26,646

Production none

13,812 North America 15,550 11,918 13,728 13,874 13,874

5,884 South America 5,737 3,769 5,929 4,472 4,522

54,875 European Union - 28 59,674 60,625 61,527 59,759 59,787

1,188 Other Europe 1,187 1,286 1,299 1,307 1,307

25,958 Former Soviet Union - 12 29,162 35,565 32,230 34,000 34,631

9,686 Middle East 12,043 8,653 12,058 10,068 9,265

3,631 North Africa 4,739 3,975 5,375 2,684 2,684

2,283 Sub-Saharan Africa 2,357 2,446 2,482 2,560 2,605

1,920 East Asia 1,991 2,134 2,158 2,291 2,291

1,956 South Asia 2,261 2,340 2,116 2,042 2,042

7,911 Oceania 9,591 9,052 9,030 11,000 10,945

129,104 Total 144,292 141,763 147,932 144,057 143,953

Domestic Consumption none

12,349 North America 13,243 11,556 12,299 12,618 12,618

3,152 South America 3,528 3,398 3,768 3,713 3,713

51,000 European Union - 28 53,400 50,900 51,700 54,100 54,100

1,298 Other Europe 1,334 1,404 1,384 1,404 1,379

22,339 Former Soviet Union - 12 23,460 24,724 24,093 24,690 24,890

22,435 Middle East 24,410 22,277 25,870 25,566 24,866

5,790 North Africa 6,282 7,182 8,303 7,038 7,038

2,285 Sub-Saharan Africa 2,461 2,495 2,595 2,640 2,670

5,812 East Asia 8,009 13,162 9,481 8,660 8,660

1,868 South Asia 1,713 1,923 2,053 2,128 2,128

3,425 Oceania 3,250 3,450 3,750 3,525 3,500

131,753 Total 141,090 142,471 145,296 146,082 145,562

Ending Stocks none

3,014 North America 3,974 3,326 4,069 4,092 4,092

657 South America 816 716 958 847 897

5,044 European Union - 28 5,621 5,887 5,220 5,052 5,357

220 Other Europe 205 179 122 122 122

2,194 Former Soviet Union - 12 2,605 3,406 2,122 1,992 2,123

5,733 Middle East 5,781 5,508 6,749 6,281 5,678

1,785 North Africa 2,489 2,089 2,794 1,640 1,640

330 Sub-Saharan Africa 338 425 348 388 403

736 East Asia 1,038 1,090 903 759 759

137 South Asia 247 259 271 276 276

588 Oceania 748 1,174 1,060 1,560 1,530

20,438 Total 23,862 24,059 24,616 23,009 22,877

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 12: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Sorghum Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

8508507729549533,059 Argentina

4004001,0001,7004101,430 Australia

25252913112 Brazil

252525757575 Ethiopia

50508512188231 India

100100501005050 Nigeria

150150120156229124 Ukraine

130125133195218191 Others

1,7301,7252,2143,3142,0345,162 Subtotal

5,8006,3007,8959,2695,7142,136 United States

7,5308,02510,10912,5837,7487,298 World Total

none

TY Imports

90901223 Bolivia

15015013498109404 Chile

4,5005,0008,28410,1624,161631 China

150150119131184291 European Union

7007006499031,0031,897 Japan

10010010511794102 Kenya

700700661291621,793 Mexico

100100231321410 Pakistan

100100100866144 South Africa

10010020012075175 Sudan

4454454824158761,266 Others

7,1357,63510,96612,0956,7416,616 Subtotal

370365-9554611,004439 Unaccounted

252598273243 United States

7,5308,02510,10912,5837,7487,298 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 13: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Sorghum Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

3,6003,6003,3753,5004,4004,700 Argentina

1,5001,5002,0372,2091,2822,230 Australia

1,5301,5301,0802,0551,8902,102 Brazil

1,9001,9001,4361,7081,8801,924 Burkina

1,1501,1501,1501,1501,1501,100 Cameroon

9009008358977451,172 Chad

3,3003,3002,7502,8852,8922,556 China

3,7003,7002,6004,3393,8293,604 Ethiopia

5,5005,5004,4105,4455,5425,281 India

1,3001,3001,3001,2728201,212 Mali

5,5006,5005,5876,2708,5006,174 Mexico

1,3001,3001,9171,4261,3201,376 Niger

6,5006,5006,1506,7006,5925,943 Nigeria

900900900990720650 South Sudan

5,5005,5002,3886,2812,2494,524 Sudan

6,9506,8356,9917,3057,0646,615 Others

51,03051,91544,90654,43250,87551,163 Subtotal

12,19912,19915,15810,9889,9666,293 United States

63,22964,11460,06465,42060,84157,456 World Total

none

Total Consumption

2,9502,9502,9002,8002,7002,300 Argentina

1,1051,1051,1055059051,080 Australia

1,5001,5001,1502,0002,0002,300 Brazil

1,8001,8001,4651,7001,9001,850 Burkina

1,1751,1751,1751,1751,1651,110 Cameroon

9009008659008501,150 Chad

8,2008,70011,00012,9006,8003,200 China

3,6503,6503,1004,1003,9003,700 Ethiopia

5,3505,3504,8205,1005,2005,150 India

1,3001,3001,3001,2009501,200 Mali

6,2007,2006,3006,6008,3008,100 Mexico

1,4501,4501,8201,4501,3001,200 Niger

6,4006,4006,0506,6506,5505,900 Nigeria

9609609501,050790650 South Sudan

5,5005,5003,1006,0002,5504,700 Sudan

8,3608,2358,4488,7668,57010,077 Others

57,13558,64055,14162,77055,50752,472 Subtotal

6,4765,8416,2132,4594,1304,796 United States

63,61164,48161,35465,22959,63757,268 World Total

none

Ending Stocks

6466468969711,202781 Argentina

302307717706568326 China

19319393588364109 India

286349286338647285 Mexico

268268393271270225 Niger

200200200150200208 Nigeria

321321226743357588 Sudan

1,2881,3031,1081,9041,4761,837 Others

3,5043,5873,9195,6715,0844,359 Subtotal

963963930468864385 United States

4,4674,5504,8496,1395,9484,744 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 14: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Sorghum Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

2,036 North America 165 56 759 725 725

1,071 South America 240 114 237 325 325

291 European Union - 28 184 131 119 150 150

0 Other Europe 0 0 0 0 0

194 Middle East 232 23 33 20 20

1 North Africa 41 1 1 5 5

587 Sub-Saharan Africa 540 609 658 565 565

2,650 East Asia 5,281 11,142 9,011 5,755 5,255

18 Southeast Asia 46 14 15 15 15

11 Others 15 32 231 100 100

6,859 Total 6,744 12,122 11,064 7,660 7,160

Production none

12,467 North America 18,466 17,258 20,745 18,699 17,699

339 Central America 335 335 335 335 335

92 Caribbean 94 92 92 91 91

7,495 South America 7,081 6,404 5,297 5,877 5,877

473 European Union - 28 703 887 731 744 744

667 Middle East 634 691 650 635 750

757 North Africa 767 809 755 755 755

24,708 Sub-Saharan Africa 22,512 28,021 21,869 26,271 26,271

2,560 East Asia 2,895 2,887 2,752 3,302 3,302

5,404 South Asia 5,661 5,548 4,555 5,630 5,630

55 Southeast Asia 57 55 55 50 50

2,230 Oceania 1,282 2,209 2,037 1,500 1,500

209 Others 354 224 191 225 225

57,456 Total 60,841 65,420 60,064 64,114 63,229

Domestic Consumption none

12,896 North America 12,430 9,059 12,513 13,041 12,676

325 Central America 325 330 340 335 335

92 Caribbean 94 92 92 91 91

6,076 South America 5,757 5,785 5,052 5,482 5,482

795 European Union - 28 880 995 860 880 880

877 Middle East 755 845 695 650 775

756 North Africa 813 785 755 755 755

24,914 Sub-Saharan Africa 23,177 27,643 23,299 26,496 26,496

5,221 East Asia 7,951 13,911 11,734 9,460 8,960

5,283 South Asia 5,334 5,235 5,176 5,580 5,580

68 Southeast Asia 64 95 65 66 66

1,080 Oceania 905 505 1,105 1,105 1,105

80 Others 75 75 75 75 75

58,463 Total 58,560 65,355 61,761 64,016 63,276

Ending Stocks none

670 North America 1,511 806 1,216 1,312 1,249

30 Central America 33 38 28 23 23

1,146 South America 1,468 1,243 1,078 843 843

5 European Union - 28 18 27 13 22 22

61 Middle East 27 39 35 30 30

27 North Africa 22 47 48 53 53

2,073 Sub-Saharan Africa 1,630 2,300 1,352 1,512 1,497

413 East Asia 627 736 743 330 325

109 South Asia 364 588 93 193 193

185 Oceania 172 246 178 173 173

25 Others 76 69 65 59 59

4,744 Total 5,948 6,139 4,849 4,550 4,467

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 15: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Oats Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

554222 Argentina

300300225270270240 Australia

1,6001,5001,6661,7291,7321,351 Canada

757575844941 Chile

200200220231291126 European Union

1010161464 Russia

5050484662 Ukraine

1010981410 Others

2,2502,1502,2632,3842,3701,776 Subtotal

303035292918 United States

2,2802,1802,2982,4132,3991,794 World Total

none

TY Imports

550300 Albania

25253124127 Algeria

554432 Bosnia and Herzegovina

15151012279 Canada

20020017216211687 China

551221 Colombia

402038212119 Ecuador

559434 European Union

505050474651 Japan

1001001008693108 Mexico

1010743836 Norway

551222 Serbia

505031461911 South Africa

505042495144 Switzerland

550400 Turkey

5510886 Others

575555506478441387 Subtotal

1251252541689252 Unaccounted

1,5801,5001,5381,7671,8661,355 United States

2,2802,1802,2982,4132,3991,794 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 16: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Oats Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

110110110110110110 Algeria

500500553525445496 Argentina

1,8001,8001,3081,1981,2551,121 Australia

400400492522352422 Belarus

650650783351380361 Brazil

3,0003,0003,4282,9793,9062,830 Canada

600600533421610680 Chile

600600600600580600 China

7,8037,8077,5017,8328,3807,909 European Union

335275244226305200 Kazakhstan

909087939184 Mexico

240240236236214232 Norway

4,7504,7504,5275,2674,9324,027 Russia

210210210210210210 Turkey

500500498610467630 Ukraine

341334326298319315 Others

21,92921,86621,43621,47822,55620,227 Subtotal

9409401,3001,019938892 United States

22,86922,80622,73622,49723,49421,119 World Total

none

Total Consumption

135135137126118119 Algeria

500500550525425500 Argentina

1,3501,3501,025950950925 Australia

400400500500375400 Belarus

645645765345375350 Brazil

1,6501,6501,6161,6811,6601,592 Canada

525525425355570600 Chile

850850795750700675 China

7,7007,7006,9007,7308,0757,700 European Union

300270245225275225 Kazakhstan

190190190175185195 Mexico

250250245245245295 Norway

4,6504,6504,6005,2004,9004,300 Russia

215215210215215215 Turkey

450450450600475600 Ukraine

549524488473492451 Others

20,42620,37719,36520,09220,25519,217 Subtotal

2,6962,6102,7022,4472,7572,743 United States

23,12222,98722,06722,53923,01221,960 World Total

none

Ending Stocks

606065656749 Argentina

3013011519310560 Australia

6937939286731,054446 Canada

606060274561 Chile

7474124147135139 China

1,0865121,178781894901 European Union

289289199289230203 Russia

225193188193201222 Others

2,7882,2822,8932,2682,7312,081 Subtotal

676676824780359527 United States

3,4642,9583,7173,0483,0902,608 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 17: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Oats Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

1,472 North America 1,986 1,865 1,648 1,615 1,695

26 South America 29 30 45 30 50

4 European Union - 28 3 4 9 5 5

84 Other Europe 94 62 54 75 75

0 Former Soviet Union - 12 2 1 4 0 0

0 Middle East 0 4 0 5 5

7 North Africa 12 24 31 25 25

11 Sub-Saharan Africa 19 46 31 50 50

138 East Asia 162 209 222 250 250

0 Oceania 0 0 0 0 0

1,742 Total 2,307 2,245 2,044 2,055 2,155

Production none

3,806 North America 4,935 4,091 4,815 4,030 4,030

1,577 South America 1,478 1,325 1,910 1,792 1,792

7,909 European Union - 28 8,380 7,832 7,501 7,807 7,803

365 Other Europe 349 371 374 375 375

5,285 Former Soviet Union - 12 6,062 6,631 5,767 5,931 5,991

210 Middle East 210 210 210 210 210

166 North Africa 156 147 166 175 175

60 Sub-Saharan Africa 59 55 55 55 55

602 East Asia 582 602 601 601 601

1,139 Oceania 1,283 1,233 1,337 1,830 1,837

21,119 Total 23,494 22,497 22,736 22,806 22,869

Domestic Consumption none

4,530 North America 4,602 4,303 4,508 4,450 4,536

1,515 South America 1,447 1,285 1,805 1,742 1,762

7,700 European Union - 28 8,075 7,730 6,900 7,700 7,700

474 Other Europe 435 436 439 446 446

5,531 Former Soviet Union - 12 6,031 6,531 5,801 5,776 5,806

215 Middle East 215 215 210 215 215

175 North Africa 164 163 193 200 200

72 Sub-Saharan Africa 95 94 88 105 105

730 East Asia 750 800 845 900 900

943 Oceania 978 985 1,054 1,380 1,385

21,885 Total 22,792 22,542 21,843 22,914 23,055

Ending Stocks none

974 North America 1,417 1,459 1,758 1,475 1,375

128 South America 129 106 155 150 150

901 European Union - 28 894 781 1,178 512 1,086

27 Other Europe 41 38 27 31 31

332 Former Soviet Union - 12 346 397 298 388 418

13 Middle East 8 6 6 6 6

1 North Africa 1 1 1 1 1

28 Sub-Saharan Africa 11 18 16 16 16

144 East Asia 138 149 127 78 78

60 Oceania 105 93 151 301 303

2,608 Total 3,090 3,048 3,717 2,958 3,464

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 18: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Rye Trade

October/September Year, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

TY Exports

202024000 Belarus

1501501118997178 Canada

125125160167201122 European Union

2525231218379 Russia

101021135916 Ukraine

000111 Others

330330339391441396 Subtotal

556367 United States

335335345394447403 World Total

none

TY Imports

505050969668 European Union

252515183334 Israel

202016223727 Japan

5554812 Korea, South

1010262118 Norway

5555525 Russia

553669 Switzerland

0016614 Others

120120112163207197 Subtotal

151516-3136-15 Unaccounted

200200217262204221 United States

335335345394447403 World Total

TY=Trade Year, see Endnotes.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 19: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Rye Production, Consumption, and Stocks

Local Marketing Years, Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16 2016/17

Jan

2016/17

Feb

none

Production

707061975240 Argentina

8008007538676481,082 Belarus

410410226218223337 Canada

8,0948,0957,8318,86910,1518,763 European Union

2,5402,5402,0843,2793,3602,132 Russia

350350350300365370 Turkey

390375394475638676 Ukraine

133137122148128146 Others

12,78712,77711,82114,25315,56513,546 Subtotal

342342295183194166 United States

13,12913,11912,11614,43615,75913,712 World Total

none

Total Consumption

707061975240 Argentina

252522191940 Australia

8008008008507001,000 Belarus

160160118134107127 Canada

8,4008,4008,1008,6009,6508,700 European Union

252515183334 Israel

404537654050 Kazakhstan

2,2502,2502,1753,2503,1002,000 Russia

350350350325350375 Turkey

380370420475625625 Ukraine

10810889108142122 Others

12,59412,58912,20613,94614,81313,121 Subtotal

554554515406424387 United States

13,14813,14312,72114,35215,23713,508 World Total

none

Ending Stocks

797999166149201 Belarus

15215252424446 Canada

6316401,0121,3911,204795 European Union

544483 Kazakhstan

400400130264344153 Russia

141414143318 Turkey

757075106128166 Ukraine

112347 Others

1,3571,3601,3881,9901,9141,389 Subtotal

24241215710 United States

1,3811,3841,4002,0051,9211,399 World Total

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 20: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Regional Rye Imports, Production, Consumption, and Stocks

Thousand Metric Tons

2012/13 2013/14 2014/15 2015/16

Jan

2016/17

Feb

2016/17

TY Imports none

221 North America 204 262 217 200 200

0 South America 0 0 0 0 0

68 European Union - 28 96 96 50 50 50

29 Other Europe 28 12 5 15 15

27 Former Soviet Union - 12 5 5 21 5 5

34 Middle East 33 24 15 25 25

0 Sub-Saharan Africa 0 0 0 0 0

39 East Asia 45 26 21 25 25

0 Oceania 0 0 0 0 0

418 Total 411 425 329 320 320

Production none

503 North America 417 401 521 752 752

47 South America 59 105 69 82 82

8,763 European Union - 28 10,151 8,869 7,831 8,095 8,094

46 Other Europe 55 56 52 52 52

3,940 Former Soviet Union - 12 4,689 4,682 3,268 3,760 3,771

370 Middle East 365 300 350 350 350

3 Sub-Saharan Africa 3 3 3 3 3

0 East Asia 0 0 0 0 0

40 Oceania 20 20 22 25 25

13,712 Total 15,759 14,436 12,116 13,119 13,129

Domestic Consumption none

514 North America 531 540 633 714 714

47 South America 59 105 69 82 82

8,700 European Union - 28 9,650 8,600 8,100 8,400 8,400

76 Other Europe 84 70 56 67 67

3,675 Former Soviet Union - 12 4,465 4,640 3,432 3,465 3,470

409 Middle East 383 343 365 375 375

2 Sub-Saharan Africa 3 3 3 3 3

37 East Asia 48 27 22 26 26

40 Oceania 19 19 22 25 25

13,500 Total 15,242 14,347 12,702 13,157 13,162

Ending Stocks none

56 North America 51 57 64 176 176

0 South America 0 0 0 0 0

795 European Union - 28 1,204 1,391 1,012 640 631

0 Other Europe 0 0 0 0 0

523 Former Soviet Union - 12 629 540 308 553 559

18 Middle East 33 14 14 14 14

0 Sub-Saharan Africa 0 0 0 0 0

7 East Asia 4 3 2 1 1

0 Oceania 0 0 0 0 0

1,399 Total 1,921 2,005 1,400 1,384 1,381

NOTES: Regional definitions appear on last page of this circular. Imports are reported on a trade year basis. All other data are

reported using local marketing years.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 21: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

European Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

132.9 128.263.015.76.85.126.0 2005/06 24.1

125.7 126.260.213.95.25.124.7 2006/07 14.8

120.8 117.252.412.46.84.924.9 2007/08 12.8

151.9 127.660.525.47.75.726.8 2008/09 19.4

139.7 125.657.522.35.45.426.0 2009/10 16.6

136.7 122.852.523.14.65.326.0 2010/11 11.9

138.2 127.257.516.77.45.325.8 2011/12 13.5

133.9 119.351.022.85.35.226.0 2012/13 10.7

144.6 117.349.032.04.05.625.9 2013/14 9.9

156.9 124.755.035.46.05.926.7 2014/15 12.7

160.0 131.061.034.76.96.026.8 2015/16 14.0

144.9 129.258.525.56.05.327.1 2016/17 10.1

Coarse Grains

149.7 150.9112.44.32.74.533.2 2005/06 22.8

140.3 150.9112.94.58.14.332.4 2006/07 15.7

138.8 157.2121.64.520.34.232.7 2007/08 13.1

165.2 154.5116.15.73.14.834.1 2008/09 21.3

158.0 152.8114.83.02.94.833.0 2009/10 26.3

143.2 155.0116.96.28.54.730.2 2010/11 16.9

150.1 151.7113.26.57.05.030.2 2011/12 15.7

146.2 153.3113.77.411.84.631.4 2012/13 13.1

159.2 164.4122.48.616.35.131.5 2013/14 15.6

170.7 162.6121.414.09.25.530.8 2014/15 18.9

151.7 156.9116.013.114.25.030.3 2015/16 14.9

152.0 159.9119.28.213.75.130.1 2016/17 12.4

Wheat and Coarse Grains

282.5 279.1175.420.09.44.859.2 2005/06 46.9

265.9 277.1173.118.513.24.757.1 2006/07 30.5

259.6 274.3174.116.927.14.557.5 2007/08 25.9

317.2 282.1176.631.110.85.260.9 2008/09 40.7

297.7 278.4172.325.38.25.059.0 2009/10 42.9

279.9 277.8169.429.313.15.056.3 2010/11 28.8

288.3 278.9170.723.314.35.156.1 2011/12 29.3

280.1 272.6164.730.217.14.957.4 2012/13 23.8

303.8 281.7171.440.720.35.357.4 2013/14 25.5

327.6 287.2176.449.415.25.757.5 2014/15 31.7

311.7 287.9177.047.821.25.557.1 2015/16 28.9

296.9 289.1177.733.719.75.257.2 2016/17 22.6

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 22: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

China: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

97.4 101.53.51.41.14.322.8 2005/06 34.5

108.5 102.04.02.80.44.623.6 2006/07 38.6

109.3 106.08.02.80.04.623.7 2007/08 39.1

112.5 105.58.00.70.54.823.6 2008/09 45.8

115.1 107.010.00.91.44.724.3 2009/10 54.4

115.2 110.513.00.90.94.724.3 2010/11 59.1

117.4 122.524.01.02.94.824.3 2011/12 55.9

121.0 125.025.01.03.05.024.3 2012/13 54.0

121.9 116.516.00.96.85.124.1 2013/14 65.3

126.2 116.516.00.81.95.224.1 2014/15 76.1

130.2 112.010.50.73.55.424.1 2015/16 97.0

128.9 118.016.00.84.05.324.2 2016/17 111.1

Coarse Grains

147.8 147.1103.53.82.35.128.8 2005/06 36.9

159.0 153.5105.05.51.25.131.1 2006/07 38.0

159.2 157.9106.70.91.25.031.9 2007/08 39.5

172.4 161.2109.10.21.75.432.2 2008/09 52.2

169.8 173.3119.10.23.85.133.4 2009/10 52.3

183.8 188.4128.80.22.75.334.6 2010/11 50.1

198.6 196.2132.00.17.95.635.5 2011/12 60.4

212.2 209.7146.10.15.65.737.1 2012/13 68.4

225.4 223.5157.80.012.45.938.3 2013/14 82.7

222.8 229.1158.80.025.75.739.2 2014/15 102.0

231.8 239.2166.90.017.55.840.2 2015/16 112.2

227.4 249.1170.50.012.75.838.9 2016/17 103.1

Wheat and Coarse Grains

245.3 248.6107.05.23.44.851.6 2005/06 71.4

267.4 255.5109.08.21.54.954.7 2006/07 76.6

268.5 263.9114.73.71.24.855.6 2007/08 78.6

284.9 266.7117.10.92.15.155.8 2008/09 98.0

284.9 280.3129.11.15.24.957.6 2009/10 106.7

299.0 298.9141.81.13.65.158.9 2010/11 109.2

316.0 318.7156.01.110.95.359.8 2011/12 116.3

333.2 334.7171.11.18.65.461.3 2012/13 122.3

347.3 340.0173.80.919.25.662.4 2013/14 147.9

349.0 345.6174.80.827.65.563.3 2014/15 178.1

362.0 351.2177.40.821.05.664.3 2015/16 209.2

356.2 367.1186.50.816.75.663.1 2016/17 214.2

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 23: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Other Europe: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

3.8 5.10.90.21.43.81.0 2005/06 1.1

3.5 4.60.70.31.53.61.0 2006/07 1.2

3.7 4.81.00.51.93.81.0 2007/08 1.5

4.0 5.11.20.41.74.40.9 2008/09 1.7

3.8 4.91.00.51.73.91.0 2009/10 1.7

3.2 4.70.80.61.73.70.9 2010/11 1.3

3.6 4.91.00.51.94.20.9 2011/12 1.4

3.4 4.71.00.71.64.00.9 2012/13 1.1

4.1 4.81.11.31.94.50.9 2013/14 0.9

3.9 4.91.10.71.84.01.0 2014/15 1.1

4.0 4.91.21.01.84.50.9 2015/16 1.1

4.6 5.11.41.41.84.71.0 2016/17 1.0

Coarse Grains

10.1 9.78.51.30.64.82.1 2005/06 1.3

9.8 9.68.50.90.84.92.0 2006/07 1.3

6.9 7.96.80.10.93.42.0 2007/08 1.1

9.7 8.77.61.50.64.62.1 2008/09 1.1

9.7 8.77.51.40.74.92.0 2009/10 1.4

10.0 8.77.32.00.75.02.0 2010/11 1.4

9.5 8.47.02.30.84.62.0 2011/12 1.0

6.6 7.15.90.60.73.22.1 2012/13 0.6

8.9 7.86.41.90.94.52.0 2013/14 0.8

10.7 8.16.83.10.85.81.9 2014/15 1.1

9.0 8.47.01.60.84.91.8 2015/16 0.9

10.5 8.57.12.60.95.61.9 2016/17 1.2

Wheat and Coarse Grains

13.9 14.89.41.42.04.53.1 2005/06 2.4

13.3 14.29.21.22.34.53.0 2006/07 2.5

10.6 12.67.80.62.73.53.0 2007/08 2.6

13.7 13.88.81.92.34.63.0 2008/09 2.8

13.5 13.78.51.92.44.53.0 2009/10 3.2

13.2 13.48.12.62.44.62.9 2010/11 2.7

13.1 13.38.12.82.74.52.9 2011/12 2.5

10.0 11.87.01.32.43.42.9 2012/13 1.7

13.0 12.67.53.12.74.52.9 2013/14 1.7

14.7 13.07.93.72.55.22.8 2014/15 2.2

13.0 13.28.22.52.64.82.7 2015/16 2.0

15.1 13.68.53.92.75.32.8 2016/17 2.2

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 24: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Former Soviet Union: Grain Supply and Demand

Wheat and Coarse Grains Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

Imports Exports Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

81.0 75.624.413.85.61.845.8 2010/11 23.3

115.0 80.028.439.78.02.349.7 2011/12 26.6

77.8 71.721.625.47.21.844.0 2012/13 14.5

103.9 72.822.737.37.52.247.7 2013/14 15.8

112.7 75.424.740.27.72.446.7 2014/15 20.7

118.2 78.226.951.57.42.449.1 2015/16 16.6

130.2 79.327.953.47.52.650.6 2016/17 21.7

Coarse Grains

47.5 41.928.38.61.12.221.9 2010/11 5.5

78.6 54.438.524.61.02.927.0 2011/12 6.1

68.2 50.235.519.80.72.527.5 2012/13 5.0

87.8 55.740.030.80.83.029.4 2013/14 7.0

91.6 58.142.133.90.83.030.2 2014/15 7.4

82.1 54.639.531.30.52.927.9 2015/16 4.2

93.1 57.141.734.60.73.328.2 2016/17 6.3

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 25: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Millions of Tons/Hectares

Former Soviet Union: Grain Supply and Demand (Barley)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

2.5 2.01.70.40.01.41.8 2013/14 0.3

2.4 2.01.70.50.01.31.9 2014/15 0.2

2.7 2.01.70.80.01.32.0 2015/16 0.1

3.2 2.21.91.00.01.71.9 2016/17 0.2

Russia

15.4 12.78.32.70.21.98.0 2013/14 0.9

20.0 14.19.25.30.02.38.8 2014/15 1.5

17.1 13.68.94.20.12.18.0 2015/16 0.8

17.5 13.79.03.90.12.28.0 2016/17 0.8

Ukraine

7.6 5.03.52.50.02.33.2 2013/14 1.0

9.5 4.73.24.50.03.03.2 2014/15 1.3

8.8 4.73.24.40.02.93.0 2015/16 0.9

9.9 4.93.45.00.03.23.1 2016/17 0.9

Uzbekistan

0.2 0.30.20.00.03.20.1 2013/14 0.0

0.2 0.30.20.00.13.20.1 2014/15 0.0

0.2 0.30.20.00.03.20.1 2015/16 0.0

0.2 0.30.30.00.13.20.1 2016/17 0.0

Other Former Soviet Union - 12

3.4 3.52.70.00.12.61.3 2013/14 0.4

3.4 3.62.80.10.22.71.3 2014/15 0.3

3.5 3.52.70.10.02.81.2 2015/16 0.2

3.8 3.82.90.10.12.71.4 2016/17 0.2

Total Former Soviet Union - 12

29.2 23.516.45.60.32.014.5 2013/14 2.6

35.6 24.717.110.30.32.315.3 2014/15 3.4

32.2 24.116.79.60.12.214.4 2015/16 2.1

34.6 24.917.510.00.22.414.4 2016/17 2.1

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 26: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Millions of Tons/Hectares

Former Soviet Union: Grain Supply and Demand (Corn)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Former Soviet Union - 12

Kazakhstan

0.6 0.60.50.00.05.30.1 2013/14 0.0

0.7 0.60.50.00.05.30.1 2014/15 0.1

0.7 0.70.60.00.05.30.1 2015/16 0.2

0.8 0.70.60.10.05.60.1 2016/17 0.2

Russia

11.6 7.56.64.20.15.02.3 2013/14 0.3

11.3 8.17.23.20.04.42.6 2014/15 0.3

13.2 8.77.84.70.04.92.7 2015/16 0.2

15.5 9.68.75.30.15.52.8 2016/17 0.8

Ukraine

30.9 9.78.320.00.16.44.8 2013/14 2.4

28.5 9.48.019.70.06.24.6 2014/15 1.8

23.3 8.06.716.60.05.74.1 2015/16 0.6

28.0 8.47.018.70.16.64.3 2016/17 1.5

Uzbekistan

0.1 0.10.10.00.03.40.0 2013/14 0.0

0.1 0.20.10.00.03.40.0 2014/15 0.0

0.1 0.20.10.00.03.40.0 2015/16 0.0

0.1 0.10.10.00.03.40.0 2016/17 0.0

Other Former Soviet Union - 12

3.7 3.22.90.60.33.81.0 2013/14 0.6

3.2 3.22.90.30.43.70.9 2014/15 0.8

2.5 2.92.60.10.32.90.8 2015/16 0.5

3.2 3.12.80.30.33.70.9 2016/17 0.6

Total Former Soviet Union - 12

46.9 21.118.424.80.45.78.3 2013/14 3.4

43.8 21.518.823.20.55.38.3 2014/15 3.0

39.8 20.417.821.40.45.17.8 2015/16 1.4

47.6 22.019.224.40.45.98.1 2016/17 3.1

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 27: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Million Metric Tons/Hectares

Corn Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Argentina

15.5 6.44.510.30.06.22.5 2008/09 0.9

25.0 6.95.016.50.08.33.0 2009/10 2.5

25.2 7.35.316.30.06.73.8 2010/11 4.0

21.0 7.04.817.10.05.83.6 2011/12 0.9

27.0 7.95.318.70.06.84.0 2012/13 1.3

26.0 8.85.817.10.07.63.4 2013/14 1.4

29.8 9.36.019.00.08.53.5 2014/15 2.9

29.0 9.25.921.70.08.33.5 2015/16 1.1

36.5 10.56.825.00.08.14.5 2016/17 2.1

Brazil

51.0 45.538.57.11.13.614.1 2008/09 10.1

56.1 48.541.511.60.44.312.9 2009/10 6.5

57.4 50.043.08.40.84.213.8 2010/11 6.3

73.0 51.544.024.30.84.815.2 2011/12 4.2

81.5 52.544.524.90.95.215.8 2012/13 9.2

80.0 55.046.021.00.85.115.8 2013/14 14.0

85.0 57.048.034.50.35.415.8 2014/15 7.8

67.0 57.048.515.03.04.216.0 2015/16 5.8

86.5 58.549.528.00.65.216.7 2016/17 6.4

China

165.9 153.0108.00.20.05.629.9 2008/09 51.2

164.0 165.0118.00.21.35.331.2 2009/10 51.3

177.2 180.0128.00.11.05.532.5 2010/11 49.4

192.8 188.0131.00.15.25.733.5 2011/12 59.3

205.6 200.0144.00.12.75.935.0 2012/13 67.6

218.5 208.0150.00.03.36.036.3 2013/14 81.3

215.6 202.0140.00.05.55.837.1 2014/15 100.5

224.6 217.5153.50.03.25.938.1 2015/16 110.8

219.6 231.0161.00.03.06.036.8 2016/17 102.3

South Africa

12.6 10.34.71.70.04.32.9 2008/09 2.0

13.4 10.64.92.10.04.13.3 2009/10 2.8

10.9 10.75.02.40.43.82.9 2010/11 1.0

12.8 10.75.01.80.04.13.1 2011/12 1.3

12.4 11.05.12.10.13.83.2 2012/13 0.7

14.9 11.55.52.00.14.93.1 2013/14 2.2

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 28: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Million Metric Tons/Hectares

Corn Supply and Disappearance: Selected Exporters (Continued)

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

10.6 11.76.20.72.03.53.0 2014/15 2.4

7.9 11.25.70.83.03.62.2 2015/16 1.3

13.0 11.35.61.50.54.23.1 2016/17 2.0

Total Corn Competitors

245.0 215.2155.719.31.25.049.4 2008/09 64.2

258.5 231.0169.430.31.75.150.4 2009/10 63.1

270.8 248.0181.327.32.25.152.9 2010/11 60.8

299.5 257.2184.843.46.05.455.5 2011/12 65.7

326.5 271.4198.945.83.75.658.1 2012/13 78.7

339.4 283.3207.340.04.15.858.6 2013/14 98.9

341.0 280.0200.254.17.85.759.4 2014/15 113.7

328.5 294.9213.637.59.25.559.8 2015/16 119.0

355.6 311.3222.954.54.15.861.1 2016/17 112.9

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 29: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Million Metric Tons/Hectares

Barley Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Australia

8.0 4.02.93.20.01.65.0 2008/09 2.4

7.9 4.53.33.90.01.84.4 2009/10 1.9

8.0 4.23.04.70.02.23.7 2010/11 1.0

8.2 3.32.15.40.02.23.7 2011/12 0.5

7.5 3.01.84.50.02.13.6 2012/13 0.5

9.2 2.81.56.20.02.43.8 2013/14 0.7

8.6 3.01.75.20.02.14.1 2014/15 1.1

8.6 3.32.05.40.02.14.1 2015/16 1.0

10.6 3.11.87.00.02.74.0 2016/17 1.5

Canada

11.8 8.97.61.50.03.43.5 2008/09 3.0

9.5 8.77.51.30.03.32.9 2009/10 2.5

7.6 7.56.31.20.03.22.4 2010/11 1.5

7.9 6.95.71.30.03.32.4 2011/12 1.2

8.0 6.85.71.40.02.92.8 2012/13 1.0

10.2 7.76.51.60.03.92.7 2013/14 2.0

7.1 6.55.31.50.13.32.1 2014/15 1.2

8.2 7.05.81.20.23.52.4 2015/16 1.4

8.8 7.26.01.70.14.02.2 2016/17 1.5

European Union

65.8 57.341.73.60.34.514.6 2008/09 11.0

62.4 56.841.71.10.14.514.0 2009/10 15.6

53.7 56.641.34.90.24.312.5 2010/11 7.9

51.9 51.235.83.00.54.311.9 2011/12 6.1

54.9 51.035.55.00.14.412.5 2012/13 5.0

59.7 53.438.05.70.04.812.4 2013/14 5.6

60.6 50.935.59.50.14.912.4 2014/15 5.9

61.5 51.736.310.80.35.012.2 2015/16 5.2

59.8 54.138.75.90.44.812.5 2016/17 5.4

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 30: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Million Metric Tons/Hectares

Sorghum Supply and Disappearance: Selected Exporters

Area

Harvested

Ending

Stocks

Total

Consumpti

Feed and

Residual

MY

Exports

MY

Imports

Productio

n

YieldCountry Mktg Year

Argentina

1.7 1.11.01.10.03.70.5 2008/09 0.2

3.6 1.91.71.80.04.80.8 2009/10 0.2

4.4 1.91.71.70.04.41.0 2010/11 0.9

4.2 1.91.73.10.04.21.0 2011/12 0.2

4.7 2.32.01.80.04.51.1 2012/13 0.8

4.4 2.72.31.30.04.41.0 2013/14 1.2

3.5 2.82.40.90.04.50.8 2014/15 1.0

3.4 2.92.50.60.04.50.8 2015/16 0.9

3.6 3.02.60.90.04.50.8 2016/17 0.6

Australia

2.7 1.81.81.00.03.50.8 2008/09 0.7

1.5 1.21.20.30.03.00.5 2009/10 0.7

1.9 1.41.40.90.03.10.6 2010/11 0.4

2.2 1.11.11.30.03.40.7 2011/12 0.2

2.2 1.11.11.20.03.40.6 2012/13 0.2

1.3 0.90.90.40.02.40.5 2013/14 0.2

2.2 0.50.51.60.03.00.7 2014/15 0.2

2.0 1.11.11.00.03.00.7 2015/16 0.2

1.5 1.11.10.40.03.00.5 2016/17 0.2

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 31: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

U.S. Grains Supply and Distribution: Wheat, Corn, Sorghum, Barley, Oats, Rye, and Rice

Thousand Metric Tons/Hectares

Area

Harvested

Yield Rough

Production

Production Imports TY Imports Exports TY Exports Feed Dom.

Consumption

Domestic

Consumption

Ending

Stocks

Wheat

20,47731,3343,09222,99923,5183,9644,11755,147nr318,771 2014/15

26,55232,0214,14121,85621,0943,0563,07356,117nr319,149 2015/16

31,00633,9116,12327,50027,8963,4003,40262,859nr417,762 2016/17

Corn

43,974301,792134,10846,83147,421809804361,091nr1133,644 2014/15

44,123298,869130,33951,19848,2021,7791,714345,506nr1132,680 2015/16

58,933314,847142,24756,50056,5181,4001,397384,778nr1135,106 2016/17

Sorghum

4682,4592,0789,2698,935271010,988nr42,590 2014/15

9306,2132,6127,8958,6009811715,158nr53,177 2015/16

9636,4763,3025,8005,715252512,199nr52,494 2016/17

Barley

1,7114,2359362913114305133,953nr41,011 2014/15

2,2234,4061,0851612353504034,750nr41,278 2015/16

2,2514,5281,1971501313503484,339nr41,035 2016/17

Oats

7802,4471,33029271,7671,8761,019nr2419 2014/15

8242,7021,58235291,5381,4751,300nr3516 2015/16

6762,6961,56530291,5801,637940nr2397 2016/17

Rye

1540616436262237183nr2104 2014/15

1251527065217222295nr2148 2015/16

2455430656200230342nr2168 2016/17

Rice, Milled

1,5524,301nr3,3553,0617587837,10610,07981,187 2014/15

1,4753,555nr3,5413,4217687666,1338,76181,046 2015/16

1,6554,190nr3,5503,4937507467,11710,16781,253 2016/17

Notes: Wheat Trade Year (TY) statistics are on July/June years. Barley, corn, sorghum, rye and oats Trade Year (TY)

statistics are on Oct/Sept years. Rice Trade Year (TY) statistics are for the subsequent calendar year; 'Imports' and

'Exports' columns contain data on the local marketing year: wheat, barley, oats and rye are June/May; corn and

sorghum are Sept/Aug; rice is Aug/July.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 32: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

Total Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat and Coarse Grains

1,285.9 422.81,329.8656.6202.22.4544.3 1987/88

1,218.1 339.11,301.9619.5203.32.2541.9 1988/89

1,327.4 320.31,346.2644.5208.92.4548.2 1989/90

1,417.5 368.31,369.6669.8190.12.6545.6 1990/91

1,355.6 357.91,365.9653.5207.52.5543.3 1991/92

1,431.7 398.51,388.2664.1205.22.6545.9 1992/93

1,356.5 366.01,389.1657.1188.22.5536.0 1993/94

1,393.0 363.21,395.7670.5200.12.6534.1 1994/95

1,338.9 320.31,381.8641.8187.52.5527.3 1995/96

1,490.1 368.71,441.6674.6198.32.7545.7 1996/97

1,490.6 416.11,443.2685.6190.42.8535.2 1997/98

1,481.3 449.01,448.3685.3198.72.8520.2 1998/99

1,465.6 444.21,469.9690.4214.02.9506.2 1999/00

1,446.3 418.21,472.2700.3204.92.8509.2 2000/01

1,480.2 402.71,495.7713.6208.32.9511.5 2001/02

1,445.0 341.31,506.4711.6209.22.9504.2 2002/03

1,473.6 278.91,536.0718.1205.82.9511.2 2003/04

1,643.2 335.61,586.6756.3214.43.2514.8 2004/05

1,600.2 318.41,617.3758.1222.53.1517.5 2005/06

1,584.7 272.81,630.4749.5229.93.1519.1 2006/07

1,691.9 289.21,675.4764.1244.73.2534.4 2007/08

1,792.2 359.61,721.9773.8253.53.3539.4 2008/09

1,804.2 396.01,767.8782.3254.13.4533.6 2009/10

1,747.7 359.91,783.8773.5249.93.3523.4 2010/11

1,853.8 360.41,853.3807.8287.13.4537.8 2011/12

1,795.1 341.81,813.8807.1279.73.4532.4 2012/13

1,994.6 406.01,930.4860.2327.83.7540.5 2013/14

2,035.9 464.41,977.5883.4335.73.7547.1 2014/15

1,984.2 486.81,961.8901.7357.23.6545.4 2015/16

2,077.3 499.32,064.8942.1358.43.8544.2 2016/17

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 33: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

World Wheat and Coarse Grains: Supply and Demand

Millions of Metric Tons/Hectares

Area

Harvested

Yield Productio

n

TY

Exports

Feed

Dom.

Domestic

Consumpti

Ending

Stocks

Wheat

523.1 164.7541.7103.0101.52.5213.4 1994/95

537.5 156.6545.696.999.22.5216.7 1995/96

581.3 165.3572.6101.4104.02.6227.1 1996/97

610.2 199.0576.5106.2104.52.7226.4 1997/98

590.5 210.5579.0109.4102.02.7219.2 1998/99

587.5 210.3587.6104.6111.92.8212.7 1999/00

582.8 206.0587.1111.2102.12.7215.4 2000/01

583.9 203.3586.6112.0107.92.7214.3 2001/02

569.7 169.0603.9116.1106.52.7213.4 2002/03

555.7 135.8588.9101.7103.52.7208.0 2003/04

626.8 156.2606.3110.7113.22.9215.8 2004/05

618.8 153.3621.8117.7114.12.8217.5 2005/06

596.7 133.4616.5113.1115.32.8212.3 2006/07

611.9 128.1617.3104.6116.02.8216.9 2007/08

684.0 169.1642.9124.0143.23.1224.1 2008/09

687.2 203.3653.1122.3135.33.0225.6 2009/10

649.5 198.9653.8116.8134.03.0216.9 2010/11

697.3 198.5697.8148.7153.73.2221.0 2011/12

658.6 177.8679.3138.2147.33.1215.8 2012/13

715.1 194.9697.9126.6162.53.3219.6 2013/14

728.3 217.5705.7131.8161.83.3221.7 2014/15

735.6 240.8712.3138.5172.13.3225.0 2015/16

748.2 248.6740.4149.0178.33.4222.1 2016/17

Coarse Grains

869.8 198.5854.0567.698.62.7320.8 1994/95

801.4 163.7836.2544.988.32.6310.5 1995/96

908.7 203.5869.0573.294.32.9318.6 1996/97

880.4 217.2866.7579.485.82.9308.8 1997/98

890.8 238.6869.4575.996.73.0301.0 1998/99

878.1 233.9882.3585.8102.13.0293.5 1999/00

863.5 212.2885.1589.2102.82.9293.9 2000/01

896.3 199.5909.1601.6100.43.0297.3 2001/02

875.3 172.3902.5595.5102.73.0290.8 2002/03

917.9 143.1947.1616.4102.33.0303.3 2003/04

1,016.4 179.4980.2645.6101.23.4299.1 2004/05

981.3 165.1995.6640.4108.43.3300.0 2005/06

988.1 139.31,013.9636.4114.53.2306.8 2006/07

1,080.0 161.21,058.1659.5128.73.4317.5 2007/08

1,108.2 190.51,078.9649.8110.43.5315.3 2008/09

1,117.0 192.71,114.7660.0118.83.6308.0 2009/10

1,098.2 161.01,129.9656.7115.93.6306.6 2010/11

1,156.5 161.91,155.5659.0133.43.7316.8 2011/12

1,136.5 163.91,134.5668.9132.43.6316.6 2012/13

1,279.6 211.01,232.5733.5165.34.0320.9 2013/14

1,307.6 246.91,271.8751.6173.94.0325.4 2014/15

1,248.6 246.01,249.5763.1185.23.9320.4 2015/16

1,329.0 250.71,324.4793.2180.14.1322.1 2016/17

Notes: Wheat and coarse grains trade data are on July/June years through 1975/76. From 1976/77 to

the present, coarse grains data are on an Oct/Sept trade year.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 34: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

54

ENDNOTES TO GRAIN: WORLD MARKETS AND TRADE

REGIONAL TABLES

North America: Canada, Mexico, the United States.

Central America: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama.

Caribbean: Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Bermuda, British

Virgin Islands, Cayman Islands, Cuba, Dominica, Dominican Republic, French West Indies,

Grenada, Guadeloupe, Haiti, Jamaica and Dep, Leeward-Windward Islands, Martinique,

Montserrat, Netherlands Antilles, Puerto Rico, Kitts and Nevis, St. Lucia, St. Vincent and the

Grenadines, Trinidad and Tobago, Turks and Caicos Islands, Virgin Islands of the U.S.

South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Falkland Islands (Islas

Malvinas), French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela.

EU: Austria, Belgium/Luxembourg, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark,

Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta,

Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Other Europe: Albania, Azores, Bosnia and Herzegovina, Former Yugoslavia, Gibraltar,

Iceland, Macedonia, Montenegro, Norway, Serbia, Switzerland.

Former Soviet Union: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan,

Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.

Middle East: Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia,

Syria, Turkey, United Arab Emirates, Yemen.

North Africa: Algeria, Egypt, Libya, Morocco, Tunisia.

Sub-Saharan Africa: all African countries except North Africa.

East Asia: China, Hong Kong, Japan, South Korea, North Korea, Macau, Mongolia,

Taiwan.

South Asia: Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Sri Lanka, Maldives.

Southeast Asia: Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore,

Thailand, Vietnam.

Oceania: Australia, Fiji, New Zealand, Papua New Guinea.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 35: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

55

OTHER NOTES

Local Marketing Years (LMY): LMY refers to the 12-month period at the onset of the main

harvest, when the crop is marketed (i.e., consumed, traded, or stored). The year first listed

begins a country's LMY for that commodity (2015/16 starts in 2015); except for summer grains

in certain Southern Hemisphere countries and for rice in selected countries, where the second

year begins the LMY (2015/16 starts in 2016). Key exporter LMY’s are:

Wheat Corn Barley Sorghum

Argentina (Dec/Nov) Argentina (Mar/Feb) Australia (Nov/Oct) Argentina (Mar/Feb)

Australia (Oct/Sep) Brazil (Mar/Feb) Canada (Aug/Jul) Australia (Mar/Feb)

Canada (Aug/Jul) China (Oct/Sep) European Union (Jul/Jun) United States (Sep/Aug)

China (Jul/Jun) South Africa (May/Apr) Russia (Jul/Jun)

European Union (Jul/Jun) United States (Sep/Aug) Ukraine (Jul/Jun)

India (Apr/Mar) United States (Jun/May)

Kazakhstan (Jul/Jun)

Russia(Jul/Jun)

Turkey (Jun/May)

Ukraine (Jul/Jun)

United States (Jun/May)

For a complete list of local marketing years, please see the FAS website

(https://apps.fas.usda.gov/psdonline/app/index.html#/app/downloads).

Stocks: Unless otherwise stated, stock data are based on an aggregate of differing local

marketing years and should not be construed as representing world stock levels at a fixed point in

time.

Consumption: World totals for consumption reflect total utilization, including food, seed,

industrial, feed, and waste; as well as differences in local marketing year imports and local

marketing year exports. Consumption statistics for regions and individual countries, however,

reflect food, seed, industrial, feed, and waste only.

Trade: All PSD tables are balanced on the different local marketing years. All trade tables

contain Trade Year (TY) data which puts all countries on a uniform, 12-month period for

analytical comparisons: wheat is July/June; coarse grains, corn, barley, sorghum, oats, and rye

are Oct/Sept; and rice is calendar year.

EU Consolidation: The trade figures starting from 1999/00 represent the European Union

(Croatia plus the former EU-27) and exclude all intra-trade. For the years 1960/61 through

1998/99, figures are the EU-15 and also exclude all intra-trade. EU-15 member states' data for

grains are no longer maintained in the official USDA database. Data for the individual NMS-10,

plus Bulgaria, Romania, and Croatia, exists only prior to 1999/00.

Statistics: (1) Wheat trade statistics include wheat, flour, and selected pasta products on a grain

equivalent basis. (2) Rice trade statistics include rough, brown, milled, and broken on a milled

equivalent basis. (3) Coarse grains statistics include corn, barley, sorghum, oats, rye, millet, and

mixed grains but exclude trade in barley malt, millet, and mixed grains.

Foreign Agricultural Service/USDA February 2017Office of Global Analysis

Page 36: COARSE GRAINS: WORLD MARKETS AND TRADE - USDA · 2017-02-09 · COARSE GRAINS: WORLD MARKETS AND TRADE . OVERVIEW Record corn production for 2016/17 is raised from last month with

56

Unaccounted: This term includes grain in transit, reporting discrepancies in some countries,

and trade to countries outside the USDA database.

The Global Commodity Analysis Division, Office of Global Analysis, Foreign Agricultural

Service, USDA, Washington, DC 20250, prepared this circular. Information is gathered from

official statistics of foreign governments and other foreign source materials, reports of U.S.

agricultural attachés and Foreign Service officers, office research, and related information.

Further information may be obtained by writing the Division or telephoning (202) 720-3448.

Note: The previous report in this series was Grain: World Markets and Trade January 2017. For

further details on world grain production, please see World Agricultural Production February

2017.

This circular is available in its entirety on the Internet via the Foreign Agricultural Service Home

Page. The address is: http://www.fas.usda.gov

Questions may be directed to the following staff:

Andrew Sowell (202) 720-0262 [email protected] Wheat

Shelbi Knisley (202) 690-2361 [email protected] Wheat

Rachel Trego (202) 720-1073 [email protected] Rice

Rhiannon Elms (202) 649-3872 [email protected] Rice

Yoonhee Macke (202) 690-4199 [email protected] Coarse Grains

Graham Soley (202) 772-4235 [email protected] Coarse Grains

Foreign Agricultural Service/USDA February 2017Office of Global Analysis