Food Outlook 04/96

Table A.9 - EXPORT PRICES OF CEREALS AND SOYBEANS

	Wheat			Maize		Sorghum	Soybeans
	U.S. No.2 Hard Winter Ord. Prot. 1/	U.S. Soft Red Winter No.2 2/	Argentina Trigo Pan 3/	U.S. No.2 Yellow 4/	Argentina 3/	U.S. No.2 Yellow 1/	U.S. No.2 Yellow 4/
	( . . . . . . . . . . . . . . . . . . . . . . . . . U.S. $/ton . . . . . . . . . . . . . . . . . . . . . . . . )
July/June
1991/92	150	147	114	110	109	110	222
1992/93	143	142	124	97	103	95	220
1993/94	143	132	120	113	116	109	254
1994/95	157	145	136	104	110	103	221
1995 - March	150	143	128	106	98	104	219
August	187	169	186	127	132	124	238
September	196	187	205	131	141	130	250
October	206	194	217	141	149	141	254
November	205	199	213	144	150	146	265
December	215	205	219	149	158	155	279
1996 - January	210	197	222	156	154	157	287
February	219	204	245	165	162	165	284
March 7	220	205	245	170	164	168	281
14	216	202	250	172	165	165	282
21	212	204	243	171	162	164	279
28			255		170

SOURCES: International Grain Council, USDA, and Reuters.
1/ F.o.b. U.S. Gulf ports.
2/ F.o.b. U.S. Atlantic ports.
3/ F.o.b. Argentine ports.
4/ Delivered U.S. Gulf ports.