International Grains Council
  TOTAL GRAINS


million tons            
11/1212/1313/1414/15
   estforecastproj
     31.0729.08
TOTAL GRAINS*
Production 18511790199219591976
Trade 271269307291292
Consumption 18551814192619411952
Carryover stocks 361337402419426
year/year change -5-2466 23
Major exporters a) 12496122137142
a) Argentina, Australia, Canada, EU, Kazakhstan, Russia, Ukraine, United States
* Wheat and coarse grains

(29 Aug 2014)
TOTAL GRAINS:
  • World grains production in 2014/15 is forecast to be only marginally below last year’s record.

  • Although consumption is forecast to expand, global ending stocks are expected to reach a 15-year high. World trade is projected to remain at a high level, only slightly below last year’s record.

  • Led by bumper crops and surpluses in major exporters, aggregate world soyabean inventories are projected to expand strongly in 2014/15.

  • The world rice carryover in 2014/15 is forecast to fall by around 4% y/y, mainly reflecting a steep drawdown in major exporters’ inventories.


Supply & Demand Graph



TABLES


Supply & demand: total grains


Trade: total grains


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