International Grains Council
  TOTAL GRAINS


million tons            
12/1313/1414/1515/16
   est.forecastprojected
     26.0323.04
TOTAL GRAINS*
Production 17942002200819371947
Trade 269307311304306
Consumption 18181936197119601970
Carryover stocks 335401438406415
year/year change -246637 -23
Major exporters a) 99122150131133
a) Argentina, Australia, Canada, EU, Kazakhstan, Russia, Ukraine, United States
* Wheat and coarse grains

(23 Apr 2015)
TOTAL GRAINS:

  • The projection for world total grains production in 2015/16 is 10m t higher m/m, but still down by 3% from the previous year’s record.
  • Global grains stocks are expected to contract, led by maize, but remain comfortable.

  • Only a modest retreat in world grains trade is forecast in 2015/16, seen staying at a high level.

  • World end-season rice stocks in 2014/15 are forecast to fall to a five-year low, mainly on a 20% drop in major exporters’ carryovers.

  • Global soyabean inventories in 2014/15 are seen swelling to a peak of 47m t, the 55% y/y expansion due to leading exporters.



Supply & Demand Graph



TABLES


Supply & demand: total grains


Trade: total grains


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