Food Outlook 09/96

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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
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
1995/96 216 198 218 159 160 156 273
1995 - August 187 169 186 125 132 124 238
1996 - February 219 204 245 165 162 165 284
March 217 206 247 172 164 167 281
April 257 248 271 191 164 188 302
May 263 214 217 204 200 191 306
June 233 182 189 198 187 185 291
July 204 178 174 198 182 168 298
August 5/ I 190 178 168 184 180 145 298
II 195 176 165 201 179 157 308
III 193 174 169 190 169 149 311
IV 192 176 170 166 164 146 315

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.
5/ Weekly prices refer to Thursdays, except for U.S. No.2 Hard Winter Wheat which is based on Tuesday quotations.
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