International Grains Council

million tons            
Production 18511790196719671949
Trade 269265290290283
Consumption 18561817191419141935
Carryover stocks 362335388388402
year/year change -6-270 14
Major exporters a) 12596128128146
a) Argentina, Australia, Canada, EU, Kazakhstan, Russia, Ukraine, United States
* Wheat and coarse grains

(27 Mar 2014)
  • The IGC GOI is up 1% m/m, with increases for wheat, maize and barley partly offset by declines for soyabeans and rice.

  • Price volatility has increased, particularly for wheat and maize, with tensions in the Black Sea region, and sentiment has turned more bullish.

  • Total grains output is tentatively forecast to decline by 1% in 2014/15 as yields retreat or, for maize, remain unchanged.

  • The global carryover is seen up 14m t by the end of 2014/15, with an 18m rise in major exporters.

  • World trade is expected to dip by 2% from the record high forecast for the current Jul/Jun year.

Supply & Demand Graph


Supply & demand: total grains

Trade: total grains

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