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Independent analysis of grains,
rice & oilseeds markets
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IGC latest five-year global supply and demand projections
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		13/14	14/15	15/16	16/17
				est.	forecast
TOTAL GRAINS*					28.07	25.08
Production		2008	2047	2000	2046	2069
Trade		310	322	343	324	330
Consumption		1935	2008	1982	2029	2046
Carryover stocks		412	451	469	488	492

* Wheat and coarse grains

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Rice projections are little changed this month; market marked by unexpected parboiled purchase by Iraq and arrival of Southwest monsoon.