International Grains Council
  TOTAL GRAINS


million tons            
11/1212/1313/1414/15
   estforecastproj
     29.0526.06
TOTAL GRAINS*
Production 18511790198019371949
Trade 270269301288290
Consumption 18561813191919351937
Carryover stocks 361338400398412
year/year change -5-2362 12
Major exporters a) 12496122127132
a) Argentina, Australia, Canada, EU, Kazakhstan, Russia, Ukraine, United States
* Wheat and coarse grains

(26 Jun 2014)
TOTAL GRAINS:
  • A continued improvement in world supply prospects weighed on export prices in June.

  • Despite a projected modest fall in world grains production, total supply is seen boosted by higher opening stocks.

  • End-2014/15 grains inventories are forecast to grow again, while a moderate drop in trade is foreseen, albeit still at a high level.

  • Boosted by tentative expectations for a bumper global outturn, the 2014/15 world soyabean carryover is set to rise by nearly one-quarter y/y, led by accumulation in leading suppliers.

  • Although world ending stocks of rice are set to decline fractionally in 2013/14, they will remain ample, especially in major exporters.



Supply & Demand Graph



TABLES


Supply & demand: total grains


Trade: total grains


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