International Grains Council

million tons            
Production 17952006201719881996
Trade 271310322314313
Consumption 18181936197919851986
Carryover stocks 337407445447456
year/year change -237138 10
Major exporters a) 99121143139145
a) Argentina, Australia, Canada, EU, Kazakhstan, Russia, Ukraine, United States
* Wheat and coarse grains

(24 Sep 2015)

  • A 1% drop in global grains production is forecast in 2015/16, almost entirely due to lower maize output.

  • Grains stocks are forecast at a 29-year peak at end-2015/16, including record wheat inventories. But those of maize will likely fall.

  • Grains trade is projected to stay high, albeit 3% below last year’s record.

  • World rice carryovers are seen falling by 10% y/y on declines in leading exporters. Trade is expected to be down slightly in 2016, but the outlook depends on demand from China.

  • Due to an expected above-average global outturn and record supplies, soyabean inventories are seen rising by 5% y/y to a new peak, led by accumulation in key exporters.

Supply & Demand Graph


Supply & demand: total grains

Trade: total grains

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