EU Barley Exports Start Strong - Cornell University...Russia Exports 34,000 35,000 1,000 Large...

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United States Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade Approved by the World Agricultural Outlook Board/USDA For email subscription, click here to register: https://public.govdelivery.com/accounts/USDAFAS/subscriber/new March 2020 EU Barley Exports Start Strong With larger production, the European Union has exported more barley in the first quarter of 2019/20 than the previous trade year. France and Germany are major exporters within the EU, shipping primarily to Saudi Arabia, China, and Iran. Greater exportable supplies have pressured barley prices which, in turn, have provided an advantage to EU barley exports. In addition, strong exports are attributed to reduced competition from Australia and Russia. In the last 2 decades, the EU and Australia have been the top two barley exporters. However, Australia’s recent drought has affected production and substantially squeezed exports on sky-high prices and Russia’s exports have slowed as the country attempts to expand domestic use. The EU has primarily raised its exports to China, becoming the top supplier. Previously, Australia held a 70-percent share of China’s barley trade. However, in November 2019, China announced it would extend the antidumping and countervailing duty investigation of Australian barley. The Chinese government’s action likely has influenced buyers to seek supplies elsewhere. For 2019/20, EU exports are currently forecast up 8 percent to 6.6 million tons. Australia’s prices have begun to ease closer to EU prices due to recent rainfall which has alleviated some concerns over drought and has reduced feed demand for livestock. Although EU prices remain competitive, questions remain over whether it will hold its position in China or look to other markets such as the Middle East to maintain its strong exports. 160 180 200 220 240 260 280 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 $/MT Source: International Grains Council Barley Export Prices Australia EU (France) 0 1 2 3 4 5 6 7 2016/17 2017/18 2018/19 2019/20 MMT Source: TDM EU Barley Exports to the World Quarter 1 (Oct-Dec) Jan-Sept

Transcript of EU Barley Exports Start Strong - Cornell University...Russia Exports 34,000 35,000 1,000 Large...

  • United States Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade

    Approved by the World Agricultural Outlook Board/USDA For email subscription, click here to register:

    https://public.govdelivery.com/accounts/USDAFAS/subscriber/new

    March 2020

    EU Barley Exports Start Strong

    With larger production, the European Union has exported more barley in the first quarter of 2019/20 than the previous trade year. France and Germany are major exporters within the EU, shipping primarily to Saudi Arabia, China, and Iran. Greater exportable supplies have pressured barley prices which, in turn, have provided an advantage to EU barley exports. In addition, strong exports are attributed to reduced competition from Australia and Russia. In the last 2 decades, the EU and Australia have been the top two barley exporters. However, Australia’s recent drought has affected production and substantially squeezed exports on sky-high prices and Russia’s exports have slowed as the country attempts to expand domestic use. The EU has primarily raised its exports to China, becoming the top supplier. Previously, Australia held a 70-percent share of China’s barley trade. However, in November 2019, China announced it would extend the antidumping and countervailing duty investigation of Australian barley. The Chinese government’s action likely has influenced buyers to seek supplies elsewhere.

    For 2019/20, EU exports are currently forecast up 8 percent to 6.6 million tons. Australia’s prices have begun to ease closer to EU prices due to recent rainfall which has alleviated some concerns over drought and has reduced feed demand for livestock. Although EU prices remain competitive, questions remain over whether it will hold its position in China or look to other markets such as the Middle East to maintain its strong exports.

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    Quarter 1 (Oct-Dec) Jan-Sept

    https://public.govdelivery.com/accounts/USDAFAS/subscriber/newhttps://public.govdelivery.com/accounts/USDAFAS/subscriber/new

  • TABLE OF CONTENTS

    World Markets and Trade: Commodities and Data WHEAT ....................................................................................................... 3 RICE ........................................................................................................... 8 COARSE GRAINS .................................................................................... 13 ENDNOTES .............................................................................................. 16 DATA TABLES ......................................................................................... 19 The Foreign Agricultural Service (FAS) updates its production, supply and distribution (PSD) database for cotton, oilseeds, and grains at 12:00 p.m. on the day the World Agricultural Supply and Demand Estimates (WASDE) report is released. This circular is released by 12:15 p.m. To download the tables in the publication, go to Production, Supply and Distribution Database (PSD Online): scroll down to Reports, and then click Grains.

    FAS Reports and Databases: Current World Markets and Trade and World Agricultural Production Reports Archived World Markets and Trade and World Agricultural Production Reports Production, Supply and Distribution Database (PSD Online) Global Agricultural Trade System (U.S. Exports and Imports) Export Sales Report Global Agricultural Information Network (Agricultural Attaché Reports) Other USDA Reports: World Agricultural Supply and Demand Estimates (WASDE) Economic Research Service National Agricultural Statistics Service

    Foreign Agricultural Service/USDA 2 March 2020Global Market Analysis

    https://apps.fas.usda.gov/psdonline/https://apps.fas.usda.gov/psdonline/https://apps.fas.usda.gov/psdonline/https://usda.library.cornell.edu/concern/publications/zs25x844t?locale=enhttps://usda.library.cornell.edu/concern/publications/5q47rn72z?locale=enhttps://apps.fas.usda.gov/psdonline/app/index.html#/app/homehttps://apps.fas.usda.gov/gats/default.aspxhttps://apps.fas.usda.gov/esrquery/https://gain.fas.usda.gov/http://www.usda.gov/oce/commodity/wasde/http://www.ers.usda.gov/topics/cropshttp://www.nass.usda.gov/Publications/

  • WHEAT

    WHEAT PRICES Domestic: Prices for all U.S. wheat classes were down during the month of February, pressured by competitor prices and losses in other markets related to the widening spread of COVID-19. Hard Red Winter (HRW) dropped $8/ton to $222 and Soft Red Winter (SRW) fell $13/ton to $239. Soft White Winter (SWW) lost $8/ton to $233 and Hard Red Spring (HRS) eased $3/ton to $256.

    OVERVIEW FOR 2019/20 Global production is marginally higher as upward revisions for Argentina and India more than offset reductions for Australia and Turkey. Global trade is raised slightly with much larger imports for Turkey. Higher exports for Argentina and Russia more than offset lower projected shipments from Canada and Australia. The projected U.S. season-average farm price is unchanged at $4.55 per bushel.

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    Foreign Agricultural Service/USDA 3 March 2020Global Market Analysis

  • Global: Exporter prices generally trended lower during the month of February, following other markets lower on rising concerns related to the spread of COVID-19. Russia’s prices dropped significantly on favorable new-crop growing conditions. EU prices also trended lower. U.S. HRW weakened slightly but still maintains a premium to EU and Russia. Canada and Australia both saw prices ease in the last month but are still relatively expensive. On the other hand, Argentina’s price increased even further with tightening domestic supplies amid a frenetic pace of exports.

    Month Ending Argentina Australia Russia EU US Canada December $208 $286 $218 $217 $237 $263 January $240 $282 $228 $217 $230 $248 February $245 $266 $214 $209 $222 $238

    Month Ending Prices for Major Wheat Exporters Source: IGC *Note on FOB prices: Argentina- 12.0%, up river; Australia- average of APW; Fremantle, Newcastle, and Port Adelaide; Russia - Black Sea- milling; EU- France grade 1, Rouen; US- HRW 11.5% Gulf; Canada- CWRS (13.5%), Vancouver

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    International Daily FOB Export Bids

    Argentina Australia Russia Canada EU United States

    Foreign Agricultural Service/USDA 4 March 2020Global Market Analysis

  • MARKET FEATURE Argentina Exports Soar to Start New Marketing Year

    Argentina’s exports are off to a blazing start in the 2019/20 marketing year. Typically, Argentina’s largest export months are December through March; the pace this year is even faster than normal with exports totaling more than 6 million tons, a record for December and January combined. Exporters were motivated to move wheat quickly based on expectations of looming policy changes. In December, Argentina’s newly elected government raised the export tax for wheat from approximately 7 percent to 12 percent.1 Before the crop was harvested, however, exporters had already aggressively sold much of the projected exportable supplies, anticipating the higher tax rate. Once the sales were made and the supplies procured from producers, the export tax was fixed in advance of shipping the product. With such a large supply sold in advance, shipments surged once the supplies became available.2 Given that nearly all of Argentina’s 2019/20 wheat shipments had already been committed before the December tax increase, that action is expected to have little effect on 2019/20 exports. Early indications are that February shipments are back to seasonally normal levels. Over the next few months, exports seem likely to wane seasonally. Argentina exports wheat to a variety of markets. Brazil is a year-round destination for Argentina, buying consistently to fulfill its needs. The United States and other suppliers may make some inroads into Brazil with the newly applied 750,000-ton tariff-rate quota in place, but Argentina is set to continue as the dominant supplier. In peak export months, Argentine wheat is competitive enough to reach a variety of other markets in Africa and Asia. Recently, Argentine exports to Southeast Asia (particularly Indonesia, Thailand, and Bangladesh) have flourished in light of tight Australian supplies.

    1 Note that the previous export tax was pegged to the exchange rate. As of late 2019, the rate of 4 pesos per USD equated to about 7 percent tax. The new export tax is a flat 12 percent. Similarly, corn was raised from about 7 percent to 12 percent; soy raised from approximately 25 percent to 30 percent (and subsequently to 33 percent). For more detail, see the January Argentina Grain and Feed Update located here. 2 Similar to wheat, large advance sales were also made for corn and soybeans.

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    Foreign Agricultural Service/USDA 5 March 2020Global Market Analysis

    https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Grain%20and%20Feed%20Update_Buenos%20Aires_Argentina_01-16-2020

  • Russia: Third Year as Leading Wheat Exporter

    For the third year in a row, Russia remains the leading global wheat exporter. With 3 consecutive bumper crops, Russia continues to export large volumes and is now seeking new market opportunities. Favorable weather, combined with improved production technology, has improved yields and quality. With larger supplies, Russia has become increasingly competitive, gaining market share in price-sensitive importing countries. Demand for Russian wheat is strong in price-sensitive markets. Currently, Egypt is the largest global importer, sourcing much of its demand from Russia. Russia typically dominates Turkey’s market, supplying more than two-thirds of its imports. Furthermore, a recent surge in Turkey’s imports has benefitted Russia’s exports. Turkey’s domestic grain board (TMO) has been authorized to import additional quantities of wheat duty-free in order to stabilize domestic prices. Egypt and Turkey together account for over one-third of Russia’s exports due to price competitiveness and logistics. Distant, price-sensitive markets are also responding to Russia’s competitive pricing, causing a surge in shipments to markets such as Bangladesh, Nigeria, and Indonesia. Increased demand for feed-quality wheat in the Philippines has also created a spike in its overall wheat imports, with Russia as a major supplier. In addition, improving quality and large supplies have led Russia to seek additional market opportunities, such as quality-sensitive markets where it had previously been limited. For example, Russia has gained access to Algeria and Brazil and aims to enter the Iraqi market in the near future. Improvements in Russian wheat quality have also stimulated recent discussions with the Philippines, a market that has generally purchased most of its milling wheat from the United States. As it expands its scope and seeks new market opportunities, Russia is expected to remain a formidable export competitor.

    *Bars are total trade year imports. Darker shaded bars denote imports from Russia.

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    Russia Dominates Export Markets

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    Foreign Agricultural Service/USDA 6 March 2020Global Market Analysis

  • TRADE CHANGES IN 2019/20 (1,000 MT) Country Attribute Previous Current Change Reason

    Argentina Exports 13,000 13,500 500 Larger crop

    Australia Exports 8,400 8,200 -200 Smaller crop3

    Canada Exports 23,500 23,000 -500 Slow pace of shipments in light of transportation delays

    Russia Exports 34,000 35,000 1,000 Large demand from Turkey; continued competitive pricing4

    Algeria Imports 7,000 6,500 -500 Slow trade to date

    Bangladesh Imports 6,000 6,500 500 Fast pace of trade

    Brazil Imports 7,500 7,300 -200 Adjustment on pace

    European Union Imports 5,300 4,800 -500 Slow trade to date

    Iraq Imports 3,000 2,500 -500 Slow pace of trade; the majority of imports this year are flour

    Lebanon Imports 1,575 1,350 -225 Slow pace of trade indicating smaller consumption

    Turkey Imports 8,500 10,500 2,000 Fast pace of trade as government allows additional duty-free imports5

    3 For more details on Australia’s wheat production, see this month’s World Agricultural Production report. 4 Russia is also raised with competitive price dynamics as shown on global price section on page 5. 5 This month, upward revisions were also made to consumption for the years 2017/18 through 2019/20. Production for 2019/20 was revised lower by 1.0 million tons.

    Foreign Agricultural Service/USDA 7 March 2020Global Market Analysis

  • RICE

    RICE PRICES Global: Since the February WASDE, Thai 100B quotes once again rose to $451/ton, reflecting concerns about exportable supplies amid drought. Vietnamese prices strengthened to $380/ton reflecting harvest delays and strong demand from Southeast Asian buyers. Meanwhile, Indian quotes were steady at $363/ton, while Pakistani quotes strengthened to $381/ton on steady exports to core African markets. U.S. quotes have risen to $615/ton on tightening supplies. Uruguayan quotes have remained at $516/ton as South American harvests are beginning.

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    Weekly FOB Long Grain Rice Export Quotes: Last 12 Months

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    India Pakistan Uruguay

    OVERVIEW FOR 2019/20 Global rice production is raised this month primarily on a larger crop in India. Global trade is down, with lower imports forecast for several African countries including Nigeria. Exports are revised lower for India, despite its larger crop.

    Foreign Agricultural Service/USDA 8 March 2020Global Market Analysis

  • MARKET FEATURE Western Hemisphere Paddy Rice Trade Overview Most of global rice trade is milled rice, while paddy (rough) rice represents only about 5 percent of global rice exports. However, paddy accounts for approximately one-third of rice trade in the Western Hemisphere. Countries surrounding the Caribbean basin are the primary paddy buyers, with the United States and Southern Hemisphere exporters competing for market share. Importers The major Western Hemisphere paddy importers are Mexico, Venezuela, Colombia, and Central American countries.6 These countries produce rice, have their own milling industries (that they seek to protect) and prefer to capture the value-added by milling in-country. Mexico is the top global importer of paddy rice. Over the years, consumption has grown and been supplied by larger imports, especially of paddy rice. Duty-free access granted under the North American Free Trade Agreement and maintained with the United States-Mexico-Canada Agreement has provided a competitive advantage for U.S. rice. In addition, geographic proximity and favorable logistics facilitate a majority market share. However, U.S. market share waned in 2017 when Mexico established an annual tariff-rate quota (TRQ), of up to 150,000 tons, allowing duty-free imports from other suppliers including Guyana and Uruguay. Although the TRQ was extended through 2019, the United States regained market share from Guyana last year with more competitive prices. Meanwhile, Uruguay’s access to the Mexican market is currently constrained by phytosanitary issues. Although Central American countries produce rice, consumption growth is leading to rising imports. The Dominican Republic-Central America Free Trade Agreement (FTA) has provided opportunities to U.S. exporters. Over the phase-in period, TRQ volumes for paddy rice are expanding while tariffs decline. Colombia is another market where an FTA has opened new opportunities to U.S. rice. The TRQ volume is rising each year and is consistently filled. In 2017, Colombia granted access for the United States to ship paddy to all ports. This expanded port access has resulted in Colombia shifting from primarily importing milled rice to mainly paddy rice. Venezuela has been a significant paddy importer, but unlike the other regional importers, its volumes have fluctuated significantly in recent years due to its political and economic turmoil. Notably, imports

    6 Central American countries include: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama

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    Foreign Agricultural Service/USDA 9 March 2020Global Market Analysis

  • fell sharply in 2019, with further reductions likely in 2020. Amid the economic constraints, Venezuela has shifted its suppliers over time to access the lowest-price option. Exporters The Western Hemisphere rice market has evolved to include several suppliers willing to export paddy to these markets. The United States is the top supplier, accounting for over half of global paddy exports. FTAs and logistical advantages have enabled a majority market share throughout Mexico, Central America, and Colombia. However, its dominance was threatened by South America in 2018 particularly as Brazil’s exports to Venezuela increased sharply. Other South American exporters include Guyana, Paraguay, and Uruguay. In 2019, overall South American exports declined, although record Uruguayan shipments partially offset some of the Brazilian and Paraguayan decline. The United States regained market share in 2019, a trend that is expected to continue into 2020 due to the tight supplies of Western Hemisphere competitors. Thus far, U.S. export sales have remained strong across the region. While U.S. supplies are expected to tighten over the summer months, prospects are favorable for increased U.S. supplies after the harvest of the 2020 crop.

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    Foreign Agricultural Service/USDA 10 March 2020Global Market Analysis

  • MARKET FEATURE India Rice Exports to Rebound India has been the leading rice exporter since 2012. It continued to maintain its overall position as top exporter in 2019, but its volume fell in line with overall reduced global trade. Although the forecast is lowered this month, exports are expected to rebound in 2020 on its relatively abundant supply situation and reduced competition. In 2019, India exports fell to 9.8 million tons, the lowest in 8 years. Non-parboiled, non-basmati white rice exports fell sharply, with less buying from Bangladesh and Indonesia. Similarly, Indian parboiled trade was negatively affected by Bangladesh’s absence from the market. Broken rice exports plummeted to West African buyers, especially Senegal. Paddy rice sales to neighboring Nepal have remained steady. Among the various rice categories, basmati was the only category with significant gains, buoyed particularly by large shipments to Iran. In 2020, there are several factors pointing to promising exports for India, enabling it to maintain its dominant position. The 2019/20 Indian rice crop is now estimated at a record 118.0 million tons. In addition to this new crop, the stocks situation is abundant, with the government food security reserves swelling to record levels. Although the stocks in India are not at the extraordinary quantities seen in China, both countries are expected to show export gains in 2020, supported by overall abundant supplies and current low prices. In addition, reduced export competition from Thailand due to ongoing drought will expand India’s export prospects, especially for parboiled and white rice. Likewise, Pakistan has tighter beginning stocks which more than offset a larger crop, offering improved prospects for India’s basmati trade. There are several wild cards that have the potential to impact the export forecast. Domestic use for rice remains strong and government procurement for stockholding has been robust so far. Burma is providing additional export competition for white rice as it continues to expand its sales beyond China and Europe, with a focus on Africa. Whereas Indian export prices are low relative to the other major Asian suppliers, such as Thailand, the overall increase in global rice prices has the potential to dampen global imports. The strength of the rupee is another factor to consider. Overall performance of parboiled trade depends largely on import demand from Nigeria and neighboring countries, currently constrained by a border closure in Nigeria.

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    Foreign Agricultural Service/USDA 11 March 2020Global Market Analysis

  • TRADE CHANGES IN 2020 (1,000 MT) Country Attribute Previous Current Change Reason

    Korea, South Imports 410 550 140 Timing of imports under new import regime

    Nigeria Imports 1,800

    1,500 -300 Parboiled trade lagging amid challenges to access the market with border closure

    Senegal Imports 1,200

    1,050 -150 Lower consumption and tighter stocks

    Burma Exports 2,600

    2,700 100 Improved competitiveness in Southeast Asian and African markets

    India Exports

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    10,500 -1,000 Reduced demand particularly from African markets

    TRADE CHANGES IN 2019 (1,000 MT) Based on trade data Country Attribute Previous Current Change

    Cameroon Imports 700 600 -100

    Indonesia Imports 500 600 100

    Senegal Imports 1,100

    1,000 -100

    India Exports

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    Vietnam Exports 6,850

    6,581 -269

    Foreign Agricultural Service/USDA 12 March 2020Global Market Analysis

  • COARSE GRAINS

    CORN PRICES Global: Since the February WASDE, major bids have drifted lower, weighted by COVID-19 uncertainty and benign weather in South America. Argentine bids are down $9/ton to $172 and Black Sea bids are down $5/ton to $178. U.S. bids are little changed overall, down just $1/ton to $177. Brazilian bids remain seasonally unavailable.

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    Argentina Brazil US Black Sea Source: IGC

    OVERVIEW FOR 2019/20 Global corn production is forecast up marginally with a larger crop in South Africa more than offsetting reductions for India, Peru, and Russia. Global trade is up marginally from last month with higher imports for Canada and Peru. Revisions for exporting countries are largely offsetting. The U.S. season-average farm price is down $0.05 to $3.80 per bushel.

    Foreign Agricultural Service/USDA 13 March 2020Global Market Analysis

  • MARKET FEATURE Corn Demand Drives Feed Grain Consumption Higher in the Middle East

    Most countries in the Middle East7 depend on imported grains, primarily barley and corn, to satisfy demand for feed. The region has been the largest importer and the second-largest consumer of barley, which is often mixed with forages and used for sheep, goats, and camels. As barley prices at world levels have remained relatively strong8 in recent years, price-sensitive buyers in the region have turned to corn as a more competitively priced feed grain.

    Middle East corn imports have grown sizably led by Iran, Saudi Arabia, Turkey, Israel, and Jordan. These countries account for 90 percent of regional corn imports. Corn consumption has steadily moved up over the years and is currently forecast to account for more than half of total feed grain use. Demand for corn is expected to strengthen as poultry production continues to expand in Turkey and Saudi Arabia. Ongoing efforts by Saudi Arabia to improve feed efficiency and to use more compound feed also boosts corn consumption, as corn is typically considered to have a higher energy value than competing grains.

    7 Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, and Yemen. 8 Larger exportable supplies have dampened barley prices at world levels from a year ago. However, feed barley continues to be more expensive relative to corn.

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    Foreign Agricultural Service/USDA 14 March 2020Global Market Analysis

  • TRADE CHANGES IN 2019/20 (1,000 MT)

    Country Commodity Attribute Previous Current Change Reason

    Argentina Barley Exports 3,200 2,800 -400 Smaller crop

    Argentina Corn Exports 33,500 34,500 1,000 Strong shipments for Oct 2019 - Feb 2020 Australia Barley Exports 3,800 4,000 200 Larger crop

    Brazil Corn Exports 39,500 39,000 -500 Revised data for Oct 2019 - Feb 2020 Canada Corn Imports 1,000 1,500 500 Large purchases to date

    Canada Corn Exports 1,300 900 -400 Higher domestic feed use

    China Sorghum Imports 900 1,300 400 U.S. sales and shipments

    Iran Barley Imports 3,200 3,000 -200 Slow purchases from Russia Jordan Barley Imports 1,100 900 -200 Trade to date Peru Corn Imports 3,600 4,000 400 Smaller crop Philippines Corn Imports 700 500 -200 Trade to date

    Russia Barley Exports 5,600 4,600 -1,000 Slow pace of trade Corn Exports 5,700 4,700 -1,000 Slow pace of trade

    Saudi Arabia Barley Imports 8,500 7,500 -1,000 Slow purchases from the Black Sea South Africa Corn Exports 2,000 2,500 500 Large crop

    Ukraine Barley Exports 5,000 4,700 -300 Slow pace of trade Corn Exports 31,000 32,000 1,000 Strong pace of exports

    United States Sorghum Exports 3,000 3,400 400 Sales and shipments to date

    Foreign Agricultural Service/USDA 15 March 2020Global Market Analysis

  • ENDNOTES 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, U.S. Virgin Islands South America: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Falkland Islands (Islas Malvinas), French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela EU: includes countries in the customs union, including the UK (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 16 March 2020Global Market Analysis

  • 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 (2019/20 starts in 2019); except for summer grains in certain Southern Hemisphere countries and for rice in selected countries, where the second year begins the LMY (2019/20 starts in 2020). 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) Russia (Oct/Sep) European Union (Jul/Jun) United States (Sep/Aug) China (Jul/Jun) South Africa (May/Apr) Kazakhstan (Jul/Jun) European Union (Jul/Jun) Ukraine (Oct/Sep) Russia (Jul/Jun) India (Apr/Mar) United States (Sep/Aug) Ukraine (Jul/Jun) Kazakhstan (Sep/Aug) United States (Jun/May) 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/): go to Reports, Reference Data, and then Data Availability. 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 (EU27 plus UK) 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 17 March 2020Global Market Analysis

    https://apps.fas.usda.gov/psdonline/

  • 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, Global Market Analysis, Foreign Agricultural Service, USDA, Washington, DC 20250, prepared this publication. 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: For further details on world grain production, please see World Agricultural Production March 2020. This publication is available in its entirety on the Internet via the Foreign Agricultural Service Home Page. The address is: http://www.fas.usda.gov

    Andrew Sowell (202) 720-0262 [email protected] Wheat Jennifer Boun (202) 690-2208 [email protected] Wheat Rachel Trego (202) 720-1073 [email protected] Wheat/Rice Jane Luxner (202) 720-8252 [email protected] Rice Yoonhee Macke (202) 690-4199 [email protected] Coarse Grains Kevin Min (202) 720-0626 [email protected] Coarse Grains Jenny Morgan (202) 720-1743 [email protected] Coarse Grains

    Foreign Agricultural Service/USDA 18 March 2020Global Market Analysis

    https://www.fas.usda.gov/data/world-agricultural-productionhttp://www.fas.usda.gov/mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]

  • DATA TABLES

    Page Intentionally Left Blank

    Foreign Agricultural Service/USDA 19 March 2020Global Market Analysis

  • All Grain Summary Comparison

    Million Metric Tons

    Marketing Year

    Wheat Rice, Milled Corn

    2019/202018/192017/182019/202018/192017/182019/202018/192017/18

    Production

    United States (Jun-May) 47.4 51.3 52.3 5.7 7.1 5.9 371.1 364.3 347.8

    Other 715.5 680.2 712.2 489.1 492.3 493.4 709.0 759.0 764.2

    World Total 762.9 731.5 764.5 494.8 499.4 499.3 1,080.1 1,123.3 1,112.0

    Domestic Consumption

    United States (Jun-May) 29.3 30.0 31.7 4.3 4.6 4.2 314.0 310.5 313.6

    Other 711.1 704.3 720.4 477.2 481.6 485.9 778.1 816.1 824.7

    World Total 740.4 734.3 752.1 481.5 486.2 490.1 1,092.1 1,126.6 1,138.3

    Ending Stocks

    United States (Jun-May) 29.9 29.4 25.6 0.9 1.4 1.0 54.4 56.4 48.1

    Other 253.6 248.2 261.5 161.7 173.9 181.3 287.2 264.4 249.2

    World Total 283.5 277.6 287.1 162.6 175.3 182.3 341.6 320.8 297.3

    TY Imports

    United States (Jun-May) 4.4 3.5 2.9 0.9 1.0 1.0 0.8 0.8 1.3

    Other 175.8 167.1 177.8 44.5 40.1 40.7 148.2 163.5 168.0

    World Total 180.2 170.6 180.7 45.4 41.1 41.7 149.0 164.3 169.3

    TY Exports

    United States (Jun-May) 23.2 26.1 27.5 2.8 3.1 3.2 63.7 49.2 47.0

    Other 160.8 149.3 156.6 44.9 40.2 41.3 89.1 122.7 126.5

    World Total 184.0 175.4 184.1 47.7 43.3 44.5 152.8 171.9 173.5

    Note: Consumption in this table has not been adjusted for differences in marketing year imports and

    exports and therefore differs from global totals shown elsewhere.Marketing years for U.S. grains are:

    Wheat (Jun-May), Rice (Aug-Jul), Corn (Sep-Aug).'Marketing Year' column is germane for U.S. wheat

    only.

    Foreign Agricultural Service/USDA 20 March 2020Global Market Analysis

  • World Wheat, Flour, and Products Trade

    July/June Year, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    TY Exports

    13,50013,00012,68014,00012,2758,750 Argentina

    8,2008,4009,83515,51222,06115,780 Australia

    23,00023,50024,47622,01920,29722,099 Canada

    1,1001,1001,0061,004748729 China

    32,00032,00023,31023,38327,43934,760 European Union

    6,0006,0008,7808,5197,2577,413 Kazakhstan

    1,1001,0005261,1471,1191,568 Mexico

    35,00034,00035,83841,43127,81525,546 Russia

    6,8006,8006,2156,2186,1775,605 Turkey

    20,50020,50016,01917,77518,10717,431 Ukraine

    9,4069,50610,6189,7669,82310,246 Others

    156,606155,806149,303160,774153,118149,927 Subtotal

    27,50027,50026,06923,22629,31821,817 United States

    184,106183,306175,372184,000182,436171,744 World Total

    none

    TY Imports

    3,0003,0003,7003,3002,7002,700 Afghanistan

    6,5007,0007,5158,1728,4148,153 Algeria

    6,5006,0005,1006,4725,5564,720 Bangladesh

    7,3007,5007,4426,7027,7885,922 Brazil

    4,0004,0003,1453,9374,4103,476 China

    2,0002,0001,7031,9572,1102,032 Colombia

    12,50012,50012,34712,40711,17511,925 Egypt

    4,8005,3005,7625,8245,2996,928 European Union

    11,00011,00010,93410,76310,19010,045 Indonesia

    2,5003,0003,9154,1582,4742,248 Iraq

    5,9005,9005,7265,8765,9115,715 Japan

    2,3002,3002,0002,1581,7741,634 Kenya

    4,1004,1003,9084,2694,6674,420 Korea, South

    5,2005,2004,8615,2455,3704,805 Mexico

    4,8004,8003,7243,6725,3444,496 Morocco

    5,1005,1004,5855,1624,9724,410 Nigeria

    2,1002,1002,1092,0301,9611,879 Peru

    7,3007,3007,5466,0595,7084,919 Philippines

    3,2003,2002,8983,4493,7162,931 Saudi Arabia

    2,6002,6002,2222,5802,4582,022 Sudan

    3,3003,3002,8993,1734,0644,691 Thailand

    10,5008,5006,4945,9164,5533,979 Turkey

    3,0003,0002,8373,1192,5962,662 Uzbekistan

    3,5003,5003,1494,7095,5353,069 Vietnam

    3,8003,8003,6753,0103,2783,332 Yemen

    50,95651,03646,93451,69554,23951,676 Others

    177,756177,036167,130175,814176,262164,789 Subtotal

    3,4503,3704,7393,8112,8813,900 Unaccounted

    2,9002,9003,5034,3753,2933,055 United States

    184,106183,306175,372184,000182,436171,744 World Total

    TY=Trade Year, see Endnotes.

    Foreign Agricultural Service/USDA 21 March 2020Global Market Analysis

  • World Wheat Production, Consumption, and Stocks

    Local Marketing Years, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    Production

    19,50019,00019,50018,50018,40011,300 Argentina

    15,20015,60017,29820,94131,81922,275 Australia

    5,2005,2005,4284,2646,7305,540 Brazil

    32,35032,35032,20130,37732,14027,647 Canada

    133,590133,590131,430134,334133,271132,639 China

    8,7708,7708,4508,4508,1008,100 Egypt

    154,000154,000136,863151,125145,369160,480 European Union

    103,600102,19099,87098,51087,00086,527 India

    16,80016,80014,50014,00014,50014,500 Iran

    11,45211,50013,94714,80214,98513,748 Kazakhstan

    25,60025,60025,10026,60025,63325,086 Pakistan

    73,61073,50071,68585,16772,52961,044 Russia

    18,00019,00019,00021,00017,25019,500 Turkey

    29,00029,00025,05726,98126,79127,274 Ukraine

    6,8006,8006,0006,9416,9406,965 Uzbekistan

    58,76358,79353,82553,51251,98759,402 Others

    712,235711,693680,154715,504693,444682,027 Subtotal

    52,25852,25851,30647,38062,83256,117 United States

    764,493763,951731,460762,884756,276738,144 World Total

    none

    Total Consumption

    10,85010,85010,75010,45010,35010,250 Algeria

    12,10012,10012,10012,00012,20011,100 Brazil

    9,9009,7008,9719,02910,6717,987 Canada

    128,000128,000125,000121,000119,000117,500 China

    20,40020,40020,10019,80019,40019,200 Egypt

    126,500127,000123,200130,400128,000129,850 European Union

    98,00098,00095,62995,67797,23488,548 India

    10,70010,70010,60010,60010,0009,100 Indonesia

    16,40016,40016,10015,90016,25016,100 Iran

    10,80010,80010,70010,50010,2009,800 Morocco

    25,40025,40025,30025,00024,50024,400 Pakistan

    39,50039,50040,50043,00040,00037,000 Russia

    19,70018,60018,80018,50017,40018,000 Turkey

    8,9008,9008,8009,80010,30012,200 Ukraine

    9,6009,6009,6009,7009,3009,350 Uzbekistan

    173,662173,807168,126169,829167,897160,563 Others

    723,220722,485707,399712,796706,568684,112 Subtotal

    31,70631,70630,02429,25031,86531,943 United States

    754,926754,191737,423742,046738,433716,055 World Total

    none

    Ending Stocks

    5,9905,6406,0406,7326,9315,178 Canada

    148,255148,255139,765131,196114,92996,996 China

    10,30010,30010,00013,88510,71915,490 European Union

    22,11220,70216,99213,2309,80014,540 India

    6,1366,1366,2368,06610,41611,166 Iran

    7,4048,2947,81912,02610,8235,604 Russia

    5,8546,6543,8543,6381,2893,100 Turkey

    55,50756,47157,47964,85465,65866,227 Others

    261,558262,452248,185253,627230,565218,301 Subtotal

    25,58025,58029,38629,90732,13126,552 United States

    287,138288,032277,571283,534262,696244,853 World Total

    Foreign Agricultural Service/USDA 22 March 2020Global Market Analysis

  • Regional Wheat Imports, Production, Consumption, and Stocks

    Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19

    Feb

    2019/20

    Mar

    2019/20

    TY Imports none

    8,370 North America 9,169 10,071 8,842 8,550 8,600

    1,832 Central America 1,995 1,910 1,911 2,015 2,005

    13,419 South America 16,277 15,325 14,923 15,630 15,430

    6,928 European Union - 28 5,299 5,824 5,762 5,300 4,800

    1,896 Other Europe 2,047 1,931 1,905 1,910 1,800

    7,166 Former Soviet Union - 12 7,035 7,862 7,828 7,960 8,060

    24,141 Middle East 22,814 25,163 24,529 26,830 28,105

    27,866 North Africa 28,426 27,441 26,949 27,400 26,900

    22,724 Sub-Saharan Africa 22,089 25,412 22,196 26,045 26,195

    16,225 East Asia 17,356 16,599 15,087 16,425 16,425

    8,823 South Asia 15,565 11,932 9,960 10,121 10,621

    25,307 Southeast Asia 28,219 27,255 27,381 27,935 27,935

    3,147 Others 3,264 3,464 3,360 3,815 3,780

    167,844 Total 179,555 180,189 170,633 179,936 180,656

    Production none

    87,475 North America 98,837 81,251 86,507 87,823 87,823

    21,584 South America 28,737 26,202 28,804 28,081 28,551

    160,480 European Union - 28 145,369 151,125 136,863 154,000 154,000

    4,324 Other Europe 4,737 4,005 4,510 4,445 4,445

    117,674 Former Soviet Union - 12 130,047 142,307 124,017 130,020 130,082

    42,406 Middle East 38,814 41,560 39,365 46,480 45,480

    19,987 North Africa 13,958 19,245 21,000 18,470 18,470

    7,694 Sub-Saharan Africa 7,743 7,718 8,296 7,718 7,718

    133,972 East Asia 134,738 135,645 132,823 135,007 135,007

    119,660 South Asia 120,837 132,344 131,476 135,796 137,206

    22,689 Oceania 32,278 21,346 17,668 16,010 15,610

    199 Others 181 136 131 101 101

    738,144 Total 756,276 762,884 731,460 763,951 764,493

    Domestic Consumption none

    46,930 North America 50,436 45,979 46,495 48,906 49,106

    27,715 South America 28,565 29,008 28,820 29,325 29,325

    129,850 European Union - 28 128,000 130,400 123,200 127,000 126,500

    4,920 Other Europe 5,035 5,010 5,235 5,180 5,270

    77,415 Former Soviet Union - 12 78,185 81,290 76,800 76,550 76,550

    58,427 Middle East 58,517 59,955 60,139 62,280 62,880

    43,666 North Africa 44,550 45,225 46,150 46,750 46,750

    29,037 Sub-Saharan Africa 29,712 31,917 30,372 32,505 32,605

    130,782 East Asia 132,915 134,401 138,081 141,120 141,120

    129,112 South Asia 139,258 138,139 138,450 141,127 141,327

    22,955 Southeast Asia 26,725 26,385 26,325 26,675 26,675

    8,500 Oceania 8,835 8,905 10,600 10,165 10,165

    3,582 Others 3,834 3,821 3,633 3,880 3,845

    712,891 Total 734,567 740,435 734,300 751,463 752,118

    Ending Stocks none

    32,390 North America 39,938 37,407 36,029 31,738 31,988

    3,956 South America 4,688 4,113 4,862 4,922 4,667

    15,490 European Union - 28 10,719 13,885 10,000 10,300 10,300

    1,632 Other Europe 2,002 1,945 1,924 2,139 2,044

    16,982 Former Soviet Union - 12 21,438 21,177 15,209 15,120 14,301

    22,614 Middle East 19,587 19,401 16,112 20,272 19,247

    16,848 North Africa 14,277 14,864 15,471 13,606 13,106

    3,830 Sub-Saharan Africa 3,000 3,378 2,728 3,031 3,081

    100,357 East Asia 118,154 134,301 142,408 150,910 150,910

    20,826 South Asia 16,530 21,116 21,537 25,237 26,947

    5,379 Southeast Asia 5,920 5,694 5,662 5,882 5,882

    4,133 Oceania 6,005 5,856 5,230 4,455 4,255

    416 Others 438 397 399 420 410

    244,853 Total 262,696 283,534 277,571 288,032 287,138

    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 23 March 2020Global Market Analysis

  • World Rice Trade

    January/December Year, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    TY Exports

    330330388375391527 Argentina

    5005009531,245594641 Brazil

    2,7002,6002,5002,7503,3501,300 Burma

    1,4001,4001,3501,3001,1501,050 Cambodia

    3,4003,4002,7202,0591,173368 China

    300300292308372270 European Union

    510510496414455431 Guyana

    10,50011,5009,79011,79112,57310,062 India

    4,4004,4004,6003,9133,6474,100 Pakistan

    600600689653538556 Paraguay

    140140153139175198 Russia

    125125111113109145 South Africa

    7,5007,5007,56211,05611,6159,867 Thailand

    800800816799982996 Uruguay

    7,0007,0006,5816,5906,4885,088 Vietnam

    1,0809971,1371,3911,1941,293 Others

    41,28542,10240,13844,89644,80636,892 Subtotal

    3,2253,2253,1352,7803,3493,343 United States

    44,51045,32743,27347,67648,15540,235 World Total

    none

    TY Imports

    600635550625550450 Benin

    900900770537758786 Brazil

    620620600550500420 Burkina

    650725600650600500 Cameroon

    2,3002,3002,6004,5005,9004,600 China

    1,4501,4501,4001,5001,3501,300 Cote d'Ivoire

    600600460499429546 Cuba

    2,2002,2002,1591,9221,9901,816 European Union

    950950950830650700 Ghana

    650650510865600650 Guinea

    1,0001,0006002,3503501,050 Indonesia

    1,0501,0501,2001,2501,4001,100 Iran

    1,1501,1501,2201,2001,060930 Iraq

    685685678670678685 Japan

    700700575600625500 Kenya

    1,0001,0001,000800900823 Malaysia

    785785730776913731 Mexico

    650730620550710625 Mozambique

    800800600700535530 Nepal

    1,5001,8001,8002,1002,5002,100 Nigeria

    2,5002,5002,9002,5001,200800 Philippines

    1,4501,3751,4251,2901,1951,260 Saudi Arabia

    1,0501,2001,0001,1001,100980 Senegal

    1,0501,0509661,0711,054958 South Africa

    925925850775700670 United Arab Emirates

    13,44813,56813,31014,31315,68311,367 Others

    40,66341,34840,07344,52343,93036,877 Subtotal

    2,8222,9542,2192,2373,4382,591 Unaccounted

    1,0251,025981916787767 United States

    44,51045,32743,27347,67648,15540,235 World Total

    TY=Trade Year, see Endnotes. Note about dates: 2017/18 is calendar year 2018, 2016/17 is calendar year 2017, and so on.

    Foreign Agricultural Service/USDA 24 March 2020Global Market Analysis

  • World Rice Production, Consumption, and Stocks

    Local Marketing Years, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    Milled Production

    35,85035,85034,90932,65034,57834,500 Bangladesh

    7,1407,1407,1408,2048,3837,210 Brazil

    13,30013,30013,17513,20012,65012,160 Burma

    5,6885,6885,7425,5545,2564,931 Cambodia

    146,730146,730148,490148,873147,766148,499 China

    4,3004,3002,8004,3004,8004,000 Egypt

    118,000115,000116,480112,760109,698104,408 India

    36,50036,50036,70037,00036,85836,200 Indonesia

    7,8007,8007,6577,7877,9297,876 Japan

    3,7443,7443,8683,9724,1974,327 Korea, South

    4,9004,9004,7884,7254,5363,941 Nigeria

    7,5007,5007,3007,5006,8496,802 Pakistan

    12,00012,00011,73212,23511,68611,008 Philippines

    18,50018,50020,34020,57719,20015,800 Thailand

    28,30028,30027,76727,65727,40027,584 Vietnam

    43,19343,10043,37742,18242,09341,361 Others

    493,445490,352492,265489,176483,879470,607 Subtotal

    5,8645,8647,1075,6597,1176,131 United States

    499,309496,216499,372494,835490,996476,738 World Total

    none

    Consumption and Residual

    35,80035,80035,40035,20035,00035,100 Bangladesh

    7,5007,5007,4707,7507,8507,900 Brazil

    10,55010,55010,40010,20010,00010,400 Burma

    4,3004,3004,3004,2004,0003,900 Cambodia

    142,930142,930142,720142,509141,761141,028 China

    4,3504,3504,1504,2004,3003,900 Egypt

    102,000102,50099,16098,66995,83893,451 India

    37,80037,70038,10038,10037,80037,850 Indonesia

    8,4008,4008,5008,6008,7308,806 Japan

    4,4504,4004,7124,7464,4354,212 Korea, South

    4,2804,2804,3603,9804,0103,353 Nepal

    6,8007,0007,0006,9006,7006,400 Nigeria

    14,40014,40014,10013,25012,90012,900 Philippines

    11,70011,70011,80011,00012,0009,100 Thailand

    21,50021,50021,50021,50022,00022,500 Vietnam

    69,09869,46567,94266,40165,35062,884 Others

    488,101488,902482,057477,868479,257465,847 Subtotal

    4,2244,2244,5654,2984,2303,590 United States

    492,325493,126486,622482,166483,487469,437 World Total

    none

    Ending Stocks

    1,5111,5111,4051,5008541,205 Bangladesh

    118,000118,000115,000109,00098,50088,000 China

    35,00030,80029,50022,60020,55018,400 India

    3,0593,0593,3614,1632,9153,509 Indonesia

    1,9711,9711,9512,2232,4102,552 Japan

    3,7203,7203,5202,2882,0032,117 Philippines

    3,7873,7874,2373,0094,2388,403 Thailand

    14,30214,28914,92116,85316,96816,730 Others

    181,350177,137173,895161,636148,438140,916 Subtotal

    9539531,4249331,4621,475 United States

    182,303178,090175,319162,569149,900142,391 World Total

    Note: All data are reported on a milled basis.

    Foreign Agricultural Service/USDA 25 March 2020Global Market Analysis

  • Regional Rice Imports, Production, Consumption, and Stocks

    Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19

    Feb

    2019/20

    Mar

    2019/20

    TY Imports none

    1,854 North America 2,056 2,075 2,132 2,210 2,235

    1,109 Caribbean 1,153 1,068 1,079 1,257 1,257

    2,015 South America 1,900 1,967 2,060 2,209 2,124

    138 Other Europe 124 111 119 130 130

    457 Former Soviet Union - 12 538 551 544 537 542

    5,686 Middle East 6,219 6,432 6,616 6,460 6,540

    483 North Africa 459 598 1,007 600 550

    12,183 Sub-Saharan Africa 14,294 14,385 13,585 14,885 14,155

    6,097 East Asia 7,486 6,015 4,197 4,065 4,185

    945 South Asia 4,057 2,635 964 1,210 1,160

    3,911 Southeast Asia 3,666 6,797 5,721 5,570 5,570

    1,816 European Union 1,990 1,922 2,159 2,200 2,200

    37,644 Total 44,717 45,439 41,054 42,373 41,688

    Production none

    6,287 North America 7,292 5,842 7,297 6,039 6,039

    851 Caribbean 989 932 963 918 918

    15,763 South America 16,790 16,834 15,751 15,423 15,463

    2,050 European Union - 28 2,087 2,030 1,958 1,968 1,968

    1,257 Former Soviet Union - 12 1,259 1,225 1,275 1,291 1,341

    2,160 Middle East 2,549 2,743 2,623 2,903 2,903

    4,044 North Africa 4,837 4,340 2,844 4,339 4,339

    16,192 Sub-Saharan Africa 17,469 17,423 18,603 18,783 18,783

    163,729 East Asia 162,710 163,567 162,556 160,770 160,770

    152,133 South Asia 156,871 158,688 165,779 164,977 167,977

    111,409 Southeast Asia 116,821 120,044 118,962 118,164 118,164

    476,738 Total 490,996 494,835 499,372 496,216 499,309

    Domestic Consumption none

    4,817 North America 5,499 5,576 5,890 5,534 5,559

    1,276 Central America 1,295 1,321 1,334 1,358 1,358

    1,980 Caribbean 2,079 1,957 2,083 2,095 2,095

    14,990 South America 14,894 15,024 14,912 14,875 14,873

    3,550 European Union - 28 3,600 3,700 3,800 3,900 3,900

    1,474 Former Soviet Union - 12 1,521 1,571 1,561 1,603 1,608

    8,352 Middle East 8,654 9,087 9,285 9,490 9,575

    4,279 North Africa 4,724 4,620 4,521 4,789 4,739

    28,179 Sub-Saharan Africa 30,508 31,134 32,417 33,382 32,852

    157,483 East Asia 158,111 158,948 158,959 158,800 158,810

    138,570 South Asia 141,556 144,599 145,657 149,387 148,837

    101,770 Southeast Asia 103,895 103,424 105,252 105,276 105,376

    467,274 Total 476,904 481,503 486,179 490,999 490,082

    Ending Stocks none

    1,602 North America 1,634 1,084 1,563 1,117 1,117

    318 Central America 348 302 280 250 249

    277 Caribbean 330 363 373 399 393

    1,781 South America 2,047 2,047 1,660 1,498 1,578

    1,183 European Union - 28 1,188 1,176 1,182 1,150 1,150

    1,082 Middle East 1,129 1,129 1,012 864 955

    924 North Africa 1,426 1,563 999 1,049 1,049

    2,814 Sub-Saharan Africa 3,216 3,135 2,907 2,623 2,428

    92,626 East Asia 103,262 113,388 118,555 121,404 121,430

    21,576 South Asia 23,171 25,840 32,345 33,516 37,716

    17,959 Southeast Asia 11,774 12,189 14,245 14,002 14,021

    77 Oceania 208 217 41 27 35

    142,391 Total 149,900 162,569 175,319 178,090 182,303

    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 26 March 2020Global Market Analysis

  • World Coarse Grain Trade

    October/September Year, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    TY Exports

    37,50536,90536,07627,06426,10525,291 Argentina

    4,3504,1604,0497,15610,2586,389 Australia

    39,01039,51038,84625,12119,79735,415 Brazil

    5,3505,7505,8055,7535,0424,693 Canada

    9,8279,6309,8067,8288,19210,979 European Union

    2,5152,5152,5741,4851,7602,663 Paraguay

    9,43511,4657,40211,3799,2588,465 Russia

    2,2612,2712,9068782,4491,594 Serbia

    2,5102,0051,1902,3681,820775 South Africa

    36,84036,16034,87421,39226,86821,456 Ukraine

    7,5777,8208,39210,0148,8818,365 Others

    157,180158,191151,920120,438120,430126,085 Subtotal

    50,55050,15051,80468,64461,82259,178 United States

    207,730208,341203,724189,082182,252185,263 World Total

    none

    TY Imports

    4,6204,6205,2844,4924,5335,224 Algeria

    2,2502,2501,7971,5273,1772,123 Brazil

    1,5621,0322,6721,8377781,106 Canada

    2,7202,7202,3902,0001,5801,721 Chile

    15,00014,60010,54016,42516,05517,499 China

    6,6056,6056,3945,5825,0414,824 Colombia

    1,5001,5001,5361,3291,2941,351 Dominican Republic

    9,9209,9209,5689,5418,7958,795 Egypt

    21,73021,80526,66419,32315,63314,490 European Union

    1,4001,4001,2241,0919511,027 Guatemala

    13,00013,20012,20011,60010,0008,300 Iran

    2,3402,3401,8982,1451,9401,509 Israel

    17,77017,77017,72617,58017,00017,073 Japan

    1,9001,9501,6661,4221,5881,713 Jordan

    1,4501,4502591,0411,146258 Kenya

    10,91010,91010,96410,1929,30810,213 Korea, South

    4,0004,0003,6743,6453,5314,122 Malaysia

    18,40018,40017,46516,39615,28314,827 Mexico

    4,0024,0023,0292,6482,6323,182 Morocco

    4,1603,7603,8023,4583,4383,083 Peru

    11,51012,5109,36811,69211,82513,992 Saudi Arabia

    4,3854,4004,6104,5134,2674,781 Taiwan

    1,6001,6001,4181,6351,7451,713 Tunisia

    3,7053,7053,2543,3131,712714 Turkey

    11,65011,65011,1339,5778,6618,179 Vietnam

    21,15121,34020,66318,75022,65924,181 Others

    199,240199,439191,198182,754174,572176,000 Subtotal

    5,0895,5019,9023,4024,2665,282 Unaccounted

    3,4013,4012,6242,9263,4143,981 United States

    207,730208,341203,724189,082182,252185,263 World Total

    TY=Trade Year, see Endnotes.

    Foreign Agricultural Service/USDA 27 March 2020Global Market Analysis

  • World Coarse Grains Production, Consumption, and Stocks

    Local Marketing Years, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    Production

    56,75457,50959,22339,32048,56938,436 Argentina

    10,5619,96110,93412,19117,26712,550 Australia

    104,349104,349104,33485,058101,57568,649 Brazil

    28,55528,55526,20326,24326,62325,769 Canada

    268,195268,195264,512265,719269,895271,076 China

    17,00017,00016,70016,68015,64115,731 Ethiopia

    159,040159,040148,185152,104152,829152,665 European Union

    45,43345,95043,20746,94343,46638,698 India

    12,70012,70012,00011,90010,90010,500 Indonesia

    30,60030,60033,39933,19133,26232,378 Mexico

    19,90019,90019,91918,85920,65719,052 Nigeria

    40,49540,77034,99841,71540,76537,427 Russia

    16,52815,02812,41713,55218,1178,658 South Africa

    14,45114,45113,25112,27110,77614,181 Turkey

    46,43046,43044,50334,07139,21733,387 Ukraine

    170,568171,075174,365167,344167,226157,550 Others

    1,041,5591,041,5131,018,150977,1611,016,785936,707 Subtotal

    361,188361,188377,905384,387402,607367,007 United States

    1,402,7471,402,7011,396,0551,361,5481,419,3921,303,714 World Total

    none

    Domestic Consumption

    19,29419,34918,34117,61316,04414,218 Argentina

    71,00270,50270,98367,18164,03259,823 Brazil

    23,85523,42524,14623,20021,97120,909 Canada

    294,250293,950287,370282,598274,640249,620 China

    17,75817,75817,13616,77916,02715,803 Egypt

    17,02517,02516,77516,60315,64215,715 Ethiopia

    168,470168,520168,570162,370160,840157,150 European Union

    45,62046,12044,57144,76942,37540,201 India

    17,82017,82016,52015,82014,52014,020 Iran

    18,07118,07117,87517,65917,25217,258 Japan

    51,14051,14050,50548,41046,84544,715 Mexico

    20,20020,20020,16919,55020,30318,990 Nigeria

    30,38728,94027,36731,01532,07529,715 Russia

    17,96117,96116,45115,23112,89114,021 Turkey

    15,55015,55014,53313,77713,15012,279 Vietnam

    271,140272,438266,391261,663259,826250,647 Others

    1,097,1481,097,0441,096,2561,051,7321,054,993957,850 Subtotal

    326,242326,496323,045324,407327,519312,598 United States

    1,423,3901,423,5401,419,3011,376,1391,382,5121,270,448 World Total

    none

    Ending Stocks

    4,9186,0843,9583,5046,6983,268 Argentina

    4,7874,6775,5509,67214,4927,010 Brazil

    4,2543,7543,3424,5675,5624,971 Canada

    199,477199,377210,592222,978223,494212,295 China

    16,10416,32613,53116,33215,11415,651 European Union

    3,0233,0235,7636,1815,9995,835 Mexico

    3,0132,3622,1632,9093,9421,323 South Africa

    40,33939,48242,60347,15748,34150,465 Others

    275,915275,085287,502313,300323,642300,818 Subtotal

    51,41551,54260,47157,91962,16848,112 United States

    327,330326,627347,973371,219385,810348,930 World Total

    Foreign Agricultural Service/USDA 28 March 2020Global Market Analysis

  • Regional Coarse Grains Imports, Production, Consumption, and Stocks

    Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19

    Feb

    2019/20

    Mar

    2019/20

    TY Imports none

    19,914 North America 19,475 21,159 22,761 22,833 23,363

    3,938 Central America 3,799 4,001 4,352 4,550 4,550

    2,597 Caribbean 2,659 2,446 2,529 2,640 2,640

    13,855 South America 15,087 14,830 15,578 16,700 17,100

    14,490 European Union - 28 15,633 19,323 26,664 21,805 21,730

    546 Former Soviet Union - 12 827 700 1,025 878 861

    29,735 Middle East 30,541 33,556 31,434 36,966 35,616

    20,819 North Africa 19,468 19,246 20,876 21,392 21,392

    6,057 Sub-Saharan Africa 6,667 3,223 3,439 5,266 5,426

    49,600 East Asia 46,723 48,757 43,903 47,730 48,115

    15,395 Southeast Asia 14,169 15,529 17,638 18,375 18,255

    3,035 Others 2,938 2,910 3,623 3,705 3,593

    179,981 Total 177,986 185,680 193,822 202,840 202,641

    Production none

    425,154 North America 462,492 443,821 437,507 420,343 420,343

    122,022 South America 164,208 138,829 177,854 176,374 175,279

    152,665 European Union - 28 152,829 152,104 148,185 159,040 159,040

    9,294 Other Europe 11,535 7,245 10,322 10,384 10,384

    82,805 Former Soviet Union - 12 92,882 88,904 93,070 101,230 100,823

    21,738 Middle East 19,047 19,400 19,565 24,183 24,183

    12,269 North Africa 9,163 11,463 13,257 11,534 11,534

    103,781 Sub-Saharan Africa 121,034 118,783 121,413 117,283 118,783

    273,808 East Asia 272,535 268,381 267,226 270,927 270,927

    50,626 South Asia 56,497 59,976 56,696 60,372 59,855

    32,045 Southeast Asia 34,197 34,945 34,680 35,723 35,723

    13,242 Oceania 17,884 12,700 11,526 10,584 11,184

    4,265 Others 5,089 4,997 4,754 4,724 4,689

    1,303,714 Total 1,419,392 1,361,548 1,396,055 1,402,701 1,402,747

    Domestic Consumption none

    378,222 North America 396,335 396,017 397,696 401,061 401,237

    98,447 South America 104,336 110,691 115,378 116,700 117,155

    157,150 European Union - 28 160,840 162,370 168,570 168,520 168,470

    8,575 Other Europe 9,050 7,890 8,230 8,561 8,558

    53,602 Former Soviet Union - 12 56,506 54,641 50,120 51,983 52,985

    51,831 Middle East 51,015 53,349 52,988 59,716 58,516

    31,981 North Africa 31,040 31,665 32,607 33,565 33,565

    108,904 Sub-Saharan Africa 118,342 118,890 123,794 122,040 122,325

    283,996 East Asia 308,094 317,296 323,389 330,209 330,494

    53,847 South Asia 56,578 60,415 60,209 62,720 62,220

    43,988 Southeast Asia 45,679 47,457 48,383 51,108 50,988

    6,435 Oceania 6,760 6,482 7,644 6,916 7,116

    10,704 Others 11,377 11,482 11,740 12,166 12,156

    1,287,682 Total 1,355,952 1,378,645 1,400,748 1,425,265 1,425,785

    Ending Stocks none

    58,918 North America 73,729 68,667 69,576 58,319 58,692

    13,619 South America 24,304 16,675 11,964 13,223 12,098

    15,651 European Union - 28 15,114 16,332 13,531 16,326 16,104

    963 Other Europe 1,713 886 958 1,264 1,267

    6,353 Former Soviet Union - 12 6,934 5,941 5,433 5,195 5,614

    9,156 Middle East 6,232 6,701 5,238 6,441 6,291

    5,982 North Africa 3,715 3,321 3,798 3,429 3,429

    10,488 Sub-Saharan Africa 13,988 13,426 12,184 9,767 10,418

    216,657 East Asia 227,633 227,443 215,108 203,496 203,596

    3,101 South Asia 4,185 4,981 3,247 2,760 3,029

    5,183 Southeast Asia 4,107 3,135 3,267 3,257 3,475

    1,619 Oceania 2,746 2,391 2,420 2,168 2,360

    1,240 Others 1,410 1,320 1,249 982 957

    348,930 Total 385,810 371,219 347,973 326,627 327,330

    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 29 March 2020Global Market Analysis

  • World Corn Trade

    October/September Year, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    TY Exports

    34,50033,50032,87924,19822,95121,679 Argentina

    39,00039,50038,80725,11619,79435,382 Brazil

    1,4001,4001,5001,4001,5001,050 Burma

    9001,3001,7191,9731,5441,767 Canada

    2,9002,8003,6291,7492,1891,953 European Union

    2,5002,5002,5591,4761,7572,662 Paraguay

    4,7005,7002,7705,5325,5894,691 Russia

    2,2002,2002,8368192,4141,560 Serbia

    2,5002,0001,1832,3611,816759 South Africa

    32,00031,00030,32118,03621,33416,595 Ukraine

    3,9074,0604,5216,4735,7546,079 Others

    126,507125,960122,72489,13386,64294,177 Subtotal

    47,00047,00049,19463,66855,61851,056 United States

    173,507172,960171,918152,801142,260145,233 World Total

    none

    TY Imports

    4,5004,5004,8164,0463,9894,329 Algeria

    1,4001,4001,3581,1451,1811,036 Bangladesh

    1,5001,5001,1899432,4391,566 Brazil

    1,5001,0002,6231,767686958 Canada

    2,6002,6002,2921,8931,4841,539 Chile

    7,0007,0004,4833,4562,4643,174 China

    6,2006,2006,0485,2014,7544,458 Colombia

    1,5001,5001,5361,3291,2941,351 Dominican Republic

    9,9009,9009,3679,4648,7738,722 Egypt

    21,00021,00025,20918,46514,97314,008 European Union

    1,4001,4001,2241,0919511,027 Guatemala

    10,00010,0009,0008,9007,8006,600 Iran

    2,0002,0001,6111,8611,5391,156 Israel

    16,00016,00016,04715,66815,16915,204 Japan

    1,3001,3001509001,000200 Kenya

    10,80010,80010,85610,0189,22010,121 Korea, South

    4,0004,0003,6743,6453,5314,122 Malaysia

    17,50017,50016,65816,12914,61413,957 Mexico

    3,0003,0002,7282,2832,2212,224 Morocco

    4,0003,6003,6943,4023,2692,985 Peru

    4,0004,0003,6623,9833,4213,583 Saudi Arabia

    4,3004,3004,5084,4104,1634,656 Taiwan

    1,1001,1009319611,2441,017 Tunisia

    3,0003,0002,9322,7151,421567 Turkey

    11,50011,50011,0009,4008,5008,100 Vietnam

    16,97517,00215,91215,13117,88019,748 Others

    167,975167,102163,508148,206137,980136,408 Subtotal

    4,2324,5587,6133,7572,8297,043 Unaccounted

    1,3001,3007978381,4511,782 United States

    173,507172,960171,918152,801142,260145,233 World Total

    TY=Trade Year, see Endnotes.

    Foreign Agricultural Service/USDA 30 March 2020Global Market Analysis

  • World Corn Production, Consumption, and Stocks

    Local Marketing Years, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    Production

    50,00050,00051,00032,00041,00029,500 Argentina

    101,000101,000101,00082,00098,50067,000 Brazil

    13,40013,40013,88514,09513,88913,680 Canada

    260,770260,770257,330259,071263,613264,992 China

    8,4008,4008,3508,4007,8477,882 Ethiopia

    65,00065,00064,44062,00761,88458,748 European Union

    28,50029,00027,71528,75325,90022,567 India

    12,70012,70012,00011,90010,90010,500 Indonesia

    25,00025,00027,60027,56927,57525,971 Mexico

    11,00011,00011,00010,42011,54810,562 Nigeria

    8,1008,1007,6088,0848,0876,966 Philippines

    14,27514,50011,41513,20115,30513,168 Russia

    6,7506,7507,0004,0007,6006,000 Serbia

    16,00014,50011,82413,10417,5518,214 South Africa

    35,80035,80035,80524,11527,96923,333 Ukraine

    107,529107,883111,098110,280103,894100,513 Others

    764,224763,803759,070708,999743,062669,596 Subtotal

    347,782347,782364,262371,096384,778345,506 United States

    1,112,0061,111,5851,123,3321,080,0951,127,8401,015,102 World Total

    none

    Total Consumption

    15,00015,00013,80012,40011,2009,300 Argentina

    67,00066,50067,00063,50060,50057,500 Brazil

    13,90013,50015,15813,98512,94912,029 Canada

    279,000279,000274,000263,000255,000229,000 China

    16,70016,70016,20015,90015,10014,850 Egypt

    82,50082,50088,00076,50074,00073,500 European Union

    28,70029,00028,50026,70024,90023,550 India

    13,40013,40012,90012,40012,30012,100 Indonesia

    11,40011,40010,3009,8009,3008,800 Iran

    16,10016,10016,00015,60015,20015,200 Japan

    10,90010,90010,85010,0009,43510,123 Korea, South

    44,50044,50044,10042,50040,40037,300 Mexico

    11,40011,40011,30011,10011,40010,600 Nigeria

    12,60012,30012,10012,23012,66310,970 South Africa

    15,40015,40014,40013,60013,00012,200 Vietnam

    186,179186,259181,476178,947171,703165,790 Others

    821,893821,639833,655776,470774,040683,740 Subtotal

    313,578313,578310,472313,981313,828298,845 United States

    1,135,4711,135,2171,144,1271,090,4511,087,868982,585 World Total

    none

    Ending Stocks

    4,1175,1172,6122,4075,2731,448 Argentina

    4,3904,2805,1909,28014,0196,769 Brazil

    2,0801,5801,9802,4172,5742,450 Canada

    199,069199,069210,319222,525223,017212,017 China

    8,4408,5407,8409,8207,5976,929 European Union

    2,3892,3895,0895,6495,4095,159 Mexico

    2,7262,0721,8262,6723,6951,096 South Africa

    26,06325,72129,54032,46432,12031,994 Others

    249,274248,768264,396287,234293,704267,862 Subtotal

    48,06748,06756,41054,36758,25344,123 United States

    297,341296,835320,806341,601351,957311,985 World Total

    Foreign Agricultural Service/USDA 31 March 2020Global Market Analysis

  • Regional Corn Imports, Production, Consumption, and Stocks

    Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19

    Feb

    2019/20

    Mar

    2019/20

    TY Imports none

    16,697 North America 16,751 18,734 20,078 19,800 20,300

    3,938 Central America 3,799 4,001 4,352 4,550 4,550

    12,462 South America 13,719 13,567 14,317 15,155 15,555

    14,008 European Union - 28 14,973 18,465 25,209 21,000 21,000

    356 Former Soviet Union - 12 367 440 588 457 450

    14,890 Middle East 16,944 20,417 19,824 22,000 22,150

    16,873 North Africa 16,906 17,246 18,531 19,100 19,100

    5,408 Sub-Saharan Africa 5,902 2,416 2,714 4,353 4,503

    33,189 East Asia 31,109 33,599 35,957 38,150 38,150

    15,281 Southeast Asia 13,968 15,183 17,263 18,005 17,785

    2,597 Caribbean 2,657 2,446 2,527 2,640 2,640

    2,491 Others 2,336 2,530 2,945 3,192 3,092

    138,190 Total 139,431 149,044 164,305 168,402 169,275

    Production none

    385,157 North America 426,242 412,760 405,747 386,182 386,182

    108,879 South America 150,860 125,744 163,683 162,876 162,536

    58,748 European Union - 28 61,884 62,007 64,440 65,000 65,000

    7,447 Other Europe 9,452 5,376 8,663 8,370 8,370

    40,267 Former Soviet Union - 12 48,035 42,263 52,681 55,535 55,331

    7,789 Middle East 7,283 7,028 7,457 8,012 8,012

    6,096 North Africa 6,130 6,523 6,951 6,521 6,521

    63,836 Sub-Saharan Africa 75,025 76,337 74,340 73,227 74,727

    267,431 East Asia 265,949 261,417 259,739 263,177 263,177

    33,218 South Asia 37,764 40,797 40,286 42,321 41,821

    3,336 Central America 3,911 3,878 3,598 3,598 3,563

    31,750 Southeast Asia 33,907 34,655 34,390 35,433 35,433

    1,148 Others 1,398 1,310 1,357 1,333 1,333

    1,015,102 Total 1,127,840 1,080,095 1,123,332 1,111,585 1,112,006

    Domestic Consumption none

    348,174 North America 367,177 370,466 369,730 371,578 371,978

    87,971 South America 92,928 98,348 103,726 105,130 105,630

    73,500 European Union - 28 74,000 76,500 88,000 82,500 82,500

    6,542 Other Europe 6,947 5,857 6,300 6,460 6,460

    19,637 Former Soviet Union - 12 20,716 19,217 19,522 18,943 18,933

    23,522 Middle East 24,513 27,036 27,243 29,690 29,840

    22,990 North Africa 23,290 24,400 24,600 26,000 26,000

    68,187 Sub-Saharan Africa 72,597 75,298 76,609 76,771 77,071

    260,967 East Asia 286,087 295,227 307,806 312,950 312,950

    35,634 South Asia 37,897 41,226 43,179 44,445 44,155

    43,584 Southeast Asia 45,197 46,827 47,719 50,450 50,230

    7,180 Central America 7,540 7,830 8,070 8,340 8,330

    3,769 Others 3,989 3,911 4,052 4,180 4,180

    1,001,657 Total 1,062,878 1,092,143 1,126,556 1,137,437 1,138,257

    Ending Stocks none

    51,732 North America 66,236 62,433 63,479 52,036 52,536

    11,256 South America 22,066 14,827 9,907 11,492 10,518

    6,929 European Union - 28 7,597 9,820 7,840 8,540 8,440

    849 Other Europe 1,464 689 775 1,045 1,038

    2,688 Former Soviet Union - 12 3,172 2,591 2,561 2,079 2,244

    2,729 Middle East 2,325 2,675 2,543 2,675 2,675

    2,988 North Africa 2,555 2,462 2,505 2,116 2,116

    7,967 Sub-Saharan Africa 11,019 11,224 9,656 7,761 8,415

    215,956 East Asia 226,775 226,575 214,439 202,796 202,796

    2,388 South Asia 3,149 3,767 2,507 1,978 2,063

    5,177 Southeast Asia 4,096 3,124 3,256 3,246 3,464

    889 Central America 1,056 1,060 988 781 756

    437 Others 447 354 350 290 280

    311,985 Total 351,957 341,601 320,806 296,835 297,341

    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 32 March 2020Global Market Analysis

  • World Barley Trade

    October/September Year, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    TY Exports

    2,8003,2003,0012,5372,6962,836 Argentina

    4,0003,8003,6666,0889,1925,401 Australia

    2,5002,5002,2691,8681,8091,147 Canada

    6,6006,5005,8775,8575,6838,644 European Union

    1,7001,8001,7621,411821776 Kazakhstan

    6060538514859 Moldova

    4,6005,6004,3205,6613,6263,735 Russia

    607067573333 Serbia

    4,7005,0004,4073,1885,3374,673 Ukraine

    100100621211142 Uruguay

    785859293452 Others

    27,19828,68825,54326,79329,49027,398 Subtotal

    115115101102125161 United States

    27,31328,80325,64426,89529,61527,559 World Total

    none

    TY Imports

    175150210541137 Belarus

    750750608584737551 Brazil

    6,5006,5005,1818,1448,1045,869 China

    350350341324286301 Colombia

    500500553231447315 European Union

    2002002588932567 India

    3,0003,2003,2002,7002,2001,700 Iran

    300300236234376319 Israel

    1,2001,2001,1581,2531,1971,154 Japan

    9001,100928788759902 Jordan

    400400474521569511 Kuwait

    200200156199262132 Lebanon

    6506508884381,0841,324 Libya

    1,0001,000299363407958 Morocco

    1501501085616998 Peru

    7,5008,5005,7007,7008,40010,400 Saudi Arabia

    3002002061472119 Thailand

    500500487674501696 Tunisia

    700700322598291146 Turkey

    400500476263501668 United Arab Emirates

    1,0251,0201,6061,3911,8061,944 Others

    26,70028,07023,39526,75128,55528,081 Subtotal

    4635832,115-26843-874 Unaccounted

    150150134170217352 United States

    27,31328,80325,64426,89529,61527,559 World Total

    TY=Trade Year, see Endnotes.

    Foreign Agricultural Service/USDA 33 March 2020Global Market Analysis

  • World Barley Production, Consumption, and Stocks

    Local Marketing Years, Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19 2019/20

    Feb

    2019/20

    Mar

    none

    Production

    2,0502,0501,9509681,0001,300 Algeria

    3,8004,6005,0603,7403,3004,940 Argentina

    8,8008,2008,3109,25413,5068,993 Australia

    1,4001,4009441,4201,2531,849 Belarus

    10,40010,4008,3807,8918,8398,257 Canada

    2,3002,3002,2002,0322,0252,047 Ethiopia

    62,75062,75055,94758,65459,86662,095 European Union

    1,6331,7501,7811,7471,4381,613 India

    3,6003,6002,8003,1003,7243,200 Iran

    1,6001,6007809751,5501,550 Iraq

    3,8303,9003,9713,3053,2312,675 Kazakhstan

    19,93920,00016,73720,21117,54717,083 Russia

    2,0002,000400777720637 Syria

    7,9007,9007,0006,4004,7507,400 Turkey

    9,5009,5007,6048,6959,8748,751 Ukraine

    10,47610,47711,55710,82810,05612,317 Others

    151,978152,427135,421139,997142,679144,707 Subtotal

    3,6923,6923,3433,1194,3534,750 United States

    155,670156,119138,764143,116147,032149,457 World Total

    none

    Total Consumption

    2,1002,1002,0001,8502,0502,150 Algeria

    4,7004,5004,5003,7003,5003,300 Australia

    1,5751,5501,1501,4501,4001,850 Belarus

    7,4307,4006,5006,7996,7606,960 Canada

    7,4007,4006,2009,3009,2007,500 China

    2,3252,3252,2252,2252,0251,990 Ethiopia

    55,30055,30051,60054,00055,10051,400 European Union

    1,9002,0001,9001,9501,6501,520 India

    6,4006,4006,2006,0005,2005,200 Iran

    2,2002,2002,1502,1502,2002,000 Kazakhstan

    2,4002,4002,9002,8002,4003,200 Morocco

    15,00014,10012,20014,50014,70013,700 Russia

    7,4258,5257,0258,5259,82510,225 Saudi Arabia

    8,5008,5007,5006,7005,5006,900 Turkey

    4,7004,5004,1004,5004,9004,300 Ukraine

    19,57319,96417,54616,88618,66518,648 Others

    148,869149,225136,760142,722146,065142,901 Subtotal

    3,7233,7233,5373,4664,3754,408 United States

    152,592152,948140,297146,188150,440147,309 World Total

    none

    Ending Stocks

    9409407905178771,291 Algeria

    1,9991,7991,8991,7761,8841,068 Australia

    1,3971,3978771,2502,1201,523 Canada

    5,6655,7654,2154,6275,4215,924 European Union

    1,029990640750839729 Russia

    1,3991,2991,3141,8292,3444,059 Saudi Arabia

    1,2151,1151,1101,1491,2371,609 Ukraine

    5,3705,7595,1255,4325,4217,441 Others

    19,01419,06415,97017,33020,14323,644 Subtotal

    1,9181,9181,8842,0572,3162,223 United States

    20,93220,98217,85419,38722,45925,867 World Total

    Foreign Agricultural Service/USDA 34 March 2020Global Market Analysis

  • Regional Barley Imports, Production, Consumption, and Stocks

    Thousand Metric Tons

    2015/16 2016/17 2017/18 2018/19

    Feb

    2019/20

    Mar

    2019/20

    TY Imports none

    615 North America 293 227 254 270 300

    1,133 South America 1,277 1,082 1,167 1,330 1,330

    315 European Union - 28 447 231 553 500 500

    81 Other Europe 124 80 175 98 98

    162 Former Soviet Union - 12 442 229 395 375 390

    14,798 Middle East 13,563 13,077 11,552 14,910 13,410

    3,914 North Africa 2,542 1,990 2,342 2,270 2,270

    40 Sub-Saharan Africa 112 49 28 40 50

    7,136 East Asia 9,413 9,499 6,441 7,825 7,810

    134 South Asia 346 114 269 227 217

    7 Oceania 31 19 14 25 25

    28,433 Total 28,772 26,921 23,529 28,220 26,850

    Production none

    13,742 North America 14,170 12,015 12,719 15,102 15,102

    5,925 South America 4,714 4,815 6,492 6,054 5,254

    62,095 European Union - 28 59,866 58,654 55,947 62,750 62,750

    1,258 Other Europe 1,451 1,290 1,253 1,407 1,407

    32,491 Former Soviet Union - 12 34,077 35,540 31,199 36,774 36,642

    12,880 Middle East 10,831 11,333 11,061 15,183 15,183

    5,266 North Africa 2,156 4,041 5,378 4,108 4,108

    2,549 Sub-Saharan Africa 2,562 2,537 2,822 2,835 2,835

    1,700 East Asia 1,492 1,397 1,258 1,221 1,221

    2,121 South Asia 1,843 1,942 1,945 2,105 1,988

    9,430 Oceania 13,870 9,552 8,690 8,580 9,180

    149,457 Total 147,032 143,116 138,764 156,119 155,670

    Domestic Consumption none

    12,293 North America 12,085 11,275 11,087 12,323 12,353

    3,523 South America 3,467 3,742 3,995 4,217 4,027

    51,400 European Union - 28 55,100 54,000 51,600 55,300 55,300

    1,373 Other Europe 1,451 1,354 1,343 1,398 1,398

    23,861 Former Soviet Union - 12 25,367 24,569 21,654 24,410 25,524

    27,160 Middle East 25,523 25,226 24,637 28,977 27,627

    8,053 North Africa 6,847 6,359 7,076 6,638 6,638

    2,565 Sub-Saharan Africa 2,615 2,755 2,762 2,940 2,925

    9,082 East Asia 10,846 10,934 7,777 9,050 9,035

    2,093 South Asia 2,078 2,213 2,078 2,384 2,274

    3,750 Oceania 3,900 4,050 4,885 4,900 5,100

    145,251 Total 149,450 146,801 139,233 152,887 152,651

    Ending Stocks none

    4,132 North America 4,851 3,722 3,123 3,687 3,687

    1,128 South America 835 696 1,098 890 705

    5,924 European Union - 28 5,421 4,627 4,215 5,765 5,665

    79 Other Europe 167 135 133 168 178

    2,971 Former Soviet Union - 12 2,954 2,558 2,404 2,660 2,853

    6,392 Middle East 3,887 3,996 2,665 3,741 3,591

    2,945 North Africa 1,106 802 1,236 1,256 1,256

    436 Sub-Saharan Africa 488 308 375 318 315

    445 East Asia 504 466 388 384 384

    275 South Asia 293 253 269 262 245

    1,140 Oceania 1,942 1,813 1,937 1,840 2,042

    25,867 Total 22,459 19,387 17,854 20,982 20,932

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

    re