Economic and Social Department

 global information and early warning system on food and agriculture

 food outlook
No. 5 Rome, November 2003

Previous pageTable Of ContentsNext page

highlights

BASIC FACTS OF THE WORLD CEREAL SITUATION

FOOD EMERGENCIES UPDATE 1/

Cereals: Supply/Demand Roundup

Cereals: Current Production and Crop Prospects

Cereals: Trade

Cereals : Carryover Stocks

Cereals: Export prices

Ocean Freight Rates

Meat and Meat Products

Milk and Milk Products

Oilseeds, Oils and Oilmeals

Sugar

Fertilizers

APPENDIX TABLES

STATISTICAL NOTE

APPENDIX TABLES

A.1 a) - WORLD CEREAL PRODUCTION

  Wheat Coarse Grains
  2001 2002 estim. 2003 f’cast 2001 2002 estim. 2003 f’cast
 (million tonnes)
ASIA 245.8 252.2 248.3 210.1 212.9 211.0
Bangladesh1.61.61.70.10.10.1
China 1/93.990.386.0125.2133.9125.8
India69.771.869.334.025.732.0
Indonesia---9.39.710.4
Iran, Islamic Rep. of9.512.512.93.54.74.8
Japan0.70.80.70.20.20.2
Kazakhstan12.712.611.73.03.12.9
Korea, D. P. R.0.10.10.11.61.81.5
Korea, Rep. of---0.50.40.4
Myanmar0.10.10.10.70.80.9
Pakistan19.018.219.32.22.22.1
Philippines---4.54.34.5
Saudi Arabia1.81.81.80.30.30.3
Thailand---4.74.54.5
Turkey18.520.021.010.210.810.6
Viet Nam---2.12.32.0
AFRICA 18.2 16.7 21.0 82.6 82.6 87.0
North Africa 12.9 12.1 17.1 10.0 9.9 12.7
Egypt6.36.66.87.87.47.6
Morocco3.33.45.11.31.92.8
Sub-Saharan Africa 5.3 4.7 3.8 72.6 72.7 74.3
Western Africa 0.1 0.1 0.1 32.7 34.3 34.5
Nigeria0.10.10.119.019.819.9
Central Africa - - - 2.6 2.6 2.6
Eastern Africa 2.2 2.0 2.0 22.5 20.0 20.5
Ethiopia1.61.31.48.07.47.8
Sudan0.20.40.25.13.54.2
Southern Africa 2.9 2.6 1.8 14.7 15.8 16.7
Madagascar---0.20.20.2
South Africa2.52.31.67.910.59.9
Zimbabwe0.30.20.11.60.60.9
CENTRAL AMERICA 3.3 3.3 3.0 31.1 28.5 29.1
Mexico3.33.33.027.624.725.4
SOUTH AMERICA 21.2 18.0 21.5 70.8 64.3 78.0
Argentina15.312.313.519.618.719.1
Brazil3.32.95.243.037.049.6
Colombia---1.41.41.4
NORTH AMERICA 73.8 60.3 85.6 285.1 265.2 304.2
Canada20.616.222.022.720.126.2
United States53.344.163.6262.4245.2278.1
EUROPE 201.3 209.9 158.2 224.0 220.5 197.4
Bulgaria4.13.62.22.02.51.9
EU 91.8104.492.4107.9107.994.9
Hungary5.23.92.99.68.16.6
Poland9.39.37.917.717.315.3
Romania7.84.42.510.39.89.4
Russian Fed.47.050.636.635.733.731.0
Ukraine21.319.84.417.116.215.2
OCEANIA 25.2 9.7 24.4 13.3 7.6 11.5
Australia24.99.424.112.87.010.9
WORLD 588.7 570.2 561.9 917.0 881.6 918.2
Developing countries263.1263.1269.0381.6372.6390.3
Developed countries325.6307.1292.8535.4509.1527.9
Source: FAO Note: Totals computed from unrounded data.
1/ Including Taiwan Province.

Table A.1 b) - WORLD CEREAL PRODUCTION

  Rice (paddy) Total Cereals 1 /
  2001 2002
estim.
2003
f’cast
2001 2002
estim.
2003
f’cast
 (million tonnes)
ASIA 544.4 521.9 538.4 1 000.2 987.0 997.7
Bangladesh36.438.239.638.139.841.3
China 2/179.3176.3167.5398.4400.6379.2
India139.6113.6133.5243.3211.1234.8
Indonesia50.551.551.859.861.162.2
Iran, Islamic Rep. of2.03.13.314.920.221.0
Japan11.311.19.812.312.210.7
Kazakhstan0.20.20.215.916.014.8
Korea, D. P. R.2.12.22.33.84.13.9
Korea, Rep. of7.56.76.17.97.06.5
Myanmar21.922.824.622.723.725.7
Pakistan5.86.36.427.026.827.8
Philippines13.113.013.517.617.318.0
Saudi Arabia---2.12.12.1
Thailand26.525.927.031.230.431.5
Turkey0.40.40.429.131.232.0
Viet Nam32.034.134.734.136.436.7
AFRICA 17.3 17.9 18.2 118.0 117.2 126.1
North Africa 5.3 6.0 6.0 28.2 28.0 35.9
Egypt5.26.06.019.320.020.4
Morocco---4.65.38.0
Sub-Saharan Africa 12.0 11.9 12.1 89.9 89.2 90.3
Western Africa 7.6 7.4 7.6 40.4 41.8 42.2
Nigeria3.33.43.522.323.223.5
Central Africa 0.4 0.4 0.4 3.0 3.0 3.0
Eastern Africa 1.1 1.1 1.0 25.8 23.1 23.5
Ethiopia---9.68.79.2
Sudan---5.43.94.4
Southern Africa 3.0 3.0 3.2 20.6 21.3 21.7
Madagascar2.72.72.82.92.93.0
South Africa---10.412.811.5
Zimbabwe---1.90.71.0
CENTRAL AMERICA 2.2 2.3 2.4 36.6 34.1 34.5
Mexico0.20.20.331.128.328.6
SOUTH AMERICA 19.9 19.8 19.6 111.9 102.2 119.1
Argentina0.90.70.735.731.833.3
Brazil10.410.610.456.750.565.3
Colombia2.32.32.53.73.84.0
NORTH AMERICA 9.8 9.6 8.9 368.7 335.0 398.8
Canada---43.336.348.2
United States9.89.68.9325.4298.8350.6
EUROPE 3.2 3.2 3.0 428.5 433.7 358.6
Bulgaria---6.06.14.2
EU2.62.62.4202.3214.9189.7
Hungary---14.812.09.5
Poland---27.026.623.2
Romania---18.114.211.9
Russian Fed.0.50.50.583.284.868.1
Ukraine0.10.10.138.536.019.6
OCEANIA 1.8 1.3 0.4 40.3 18.7 36.3
Australia1.81.30.439.417.735.4
WORLD 598.6 576.0 591.0 2 104.3 2 027.8 2 071.0
Developing countries572.1550.3568.1 1 216.8 1 186.0 1 227.4
Developed countries26.425.722.9887.5841.8843.6
Source: FAO Note: Totals computed from unrounded data.
1/ Rice is included in the cereal total in paddy terms. 2/ Including Taiwan Province

Table A.2 a) - WORLD IMPORTS OF CEREALS

  Wheat (July/June) 1 / Coarse Grains (July/June)
  2001/02 2002/03
estim.
2003/04
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
 (million tonnes)
ASIA 47.3 41.2 39.0 57.5 57.7 57.6
Bangladesh1.71.71.70.10.20.1
China2.11.41.68.07.37.4
Taiwan Province1.01.11.15.35.05.0
Georgia0.50.50.6---
India0.10.10.10.20.30.2
Indonesia4.04.14.21.11.71.4
Iran, Islamic Rep. of5.92.31.21.71.41.7
Iraq 3.01.72.00.10.10.1
Israel1.51.61.51.51.31.3
Japan5.75.45.619.920.420.0
Korea, D. P. R.0.30.40.40.50.30.4
Korea, Rep. of4.03.73.08.68.99.0
Malaysia1.31.41.42.42.42.5
Pakistan0.30.30.50.10.10.2
Philippines3.13.43.20.40.40.4
Saudi Arabia0.10.10.17.06.77.2
Singapore0.30.30.30.20.20.2
Sri Lanka0.80.80.90.20.10.1
Syria0.30.60.21.01.20.6
Thailand1.10.91.0-0.1-
Yemen2.02.02.00.30.20.3
AFRICA 25.3 26.4 23.2 15.1 16.8 15.0
North Africa 16.1 16.8 13.4 11.4 10.7 10.0
Algeria4.04.43.62.01.81.5
Egypt6.66.46.45.55.35.6
Morocco2.92.71.11.71.51.2
Tunisia1.31.80.81.51.41.0
Sub-Saharan Africa 9.2 9.6 9.8 3.7 6.0 5.0
Côte d'Ivoire0.30.30.3---
Ethiopia0.31.40.9-0.1-
Kenya0.60.40.60.50.50.8
Nigeria2.52.52.50.10.10.1
Senegal0.30.30.30.10.1-
Sudan1.10.91.00.10.10.1
South Africa0.50.50.80.71.00.6
CENTRAL AMERICA 6.9 7.0 7.3 14.4 12.3 13.0
Cuba1.01.01.00.20.30.3
Dominican Rep.0.30.30.30.70.70.7
Mexico3.33.33.511.28.99.5
SOUTH AMERICA 12.2 11.5 11.0 5.8 5.8 5.5
Brazil7.26.76.00.40.50.2
Chile0.30.30.31.21.11.1
Colombia1.21.21.22.32.32.4
Peru1.31.31.30.80.70.7
Venezuela1.31.11.20.70.70.5
NORTH AMERICA 3.1 2.2 2.0 6.3 6.5 4.0
Canada0.10.2-3.94.51.6
United States3.02.02.02.51.92.4
EUROPE 13.4 16.2 13.6 7.8 6.8 9.2
Belarus0.50.40.40.30.20.2
EU 2/10.012.04.04.24.05.0
Poland0.30.30.80.30.30.5
Romania0.10.31.0--0.6
Russian Fed.0.50.50.70.80.30.6
Ukraine0.10.53.10.10.10.2
OCEANIA 0.6 0.4 0.5 0.1 0.1 0.2
New Zealand0.30.10.20.10.10.1
WORLD 108.8 104.9 96.5 107.0 106.0 104.5
Developing countries81.576.670.670.569.869.2
Developed countries27.328.325.936.536.235.3
Source: FAO Note: Totals computed from unrounded data.
1/ Including wheat flour in wheat grain equivalent, but excluding semolina.
2/ Excluding trade between the EU member countries.

Table A.2 b) - WORLD IMPORTS OF CEREALS

  Rice (milled) Total Cereals 1 /
  2002 2003
estim.
2004
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
 (million tonnes)
ASIA 14.1 13.5 12.4 118.9 112.4 109.0
Bangladesh0.51.20.62.43.12.4
China0.40.50.610.59.29.6
Taiwan Province0.10.20.26.56.36.3
Georgia---0.50.50.6
India--0.10.20.40.3
Indonesia3.53.32.58.69.18.1
Iran, Islamic Rep. of1.00.50.58.64.23.4
Iraq1.10.71.04.32.53.1
Israel0.10.10.13.13.02.9
Japan0.70.70.726.226.526.2
Korea, D. P. R.0.70.70.81.61.41.5
Korea, Rep. of0.20.20.212.812.812.2
Malaysia0.60.50.54.34.34.4
Pakistan---0.40.40.7
Philippines1.31.10.94.84.94.5
Saudi Arabia0.80.80.97.97.68.1
Singapore0.50.50.51.00.91.0
Sri Lanka0.10.1-1.11.01.1
Syria0.20.20.21.51.91.0
Thailand---1.11.01.0
Yemen0.30.30.32.52.42.5
AFRICA 8.5 8.0 8.0 48.9 51.2 46.2
North Africa 0.2 0.3 0.3 27.7 27.8 23.7
Algeria0.10.10.16.16.35.2
Egypt---12.111.712.0
Morocco---4.64.22.3
Tunisia---2.73.21.8
Sub-Saharan Africa 8.3 7.8 7.7 21.2 23.4 22.5
Côte d'Ivoire1.01.11.11.31.41.4
Ethiopia---0.41.51.0
Kenya0.20.20.21.31.11.6
Nigeria1.81.51.44.44.14.0
Senegal0.70.70.71.01.00.9
Sudan---1.21.01.1
South Africa0.60.60.71.82.12.0
CENTRAL AMERICA 1.9 2.0 2.0 23.2 21.4 22.3
Cuba0.60.60.61.71.81.9
Dominican Rep.---1.01.01.0
Mexico0.50.60.615.012.813.6
SOUTH AMERICA 0.8 1.5 1.0 18.9 18.9 17.5
Brazil0.61.20.78.28.46.9
Chile0.10.10.11.51.51.4
Colombia0.10.10.13.63.63.7
Peru---2.12.02.0
Venezuela-0.10.12.01.81.8
NORTH AMERICA 0.7 0.7 0.7 10.1 9.3 6.7
Canada0.30.30.34.25.01.9
United States0.40.40.45.84.34.8
EUROPE 1.8 1.8 1.8 23.0 24.8 24.6
Belarus---0.80.60.6
EU 2/0.70.70.714.916.79.7
Poland0.10.10.10.70.71.4
Romania0.10.10.10.30.41.7
Russian Fed.0.50.40.41.71.21.7
Ukraine0.10.10.10.30.73.4
OCEANIA 0.3 0.4 0.3 1.0 0.9 1.0
New Zealand---0.50.20.3
WORLD 28.1 27.9 26.3 3/ 243.9 238.9 227.3
Developing countries24.023.822.1176.0170.2162.0
Developed countries4.14.14.167.968.665.3
Source: FAO Note: Totals computed from unrounded data.
1/ Trade in rice refers to the calendar year of the second year shown.
2/ Excluding trade between the EU member countries.
3/ Highly tentative.

Table A.3 a) - WORLD EXPORTS OF CEREALS

  Wheat (July/June) 1 / Coarse Grains (July/June)
  2001/02 2002/03
estim.
2003/04
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
 (million tonnes)
ASIA 11.8 16.1 13.1 8.3 17.3 12.0
China 2/1.21.00.86.414.910.0
India3.55.03.5---
Indonesia---0.10.10.1
Japan0.40.40.4---
Kazakhstan3.85.75.50.40.50.4
Myanmar---0.10.10.1
Pakistan0.71.0----
Syria0.50.60.6--0.1
Thailand---0.3--
Turkey0.41.01.00.50.70.5
Viet Nam------
AFRICA 0.6 0.5 0.5 2.3 1.9 1.9
Egypt------
Ethiopia---0.1--
Nigeria---0.10.10.1
South Africa0.10.2-1.41.11.3
Sudan---0.10.10.1
Uganda---0.30.10.1
CENTRAL AMERICA 0.6 0.7 0.7 0.2 0.2 0.2
SOUTH AMERICA 11.0 5.7 9.1 15.0 15.6 16.4
Argentina11.05.69.09.612.210.5
Brazil---5.03.05.5
Paraguay0.10.1-0.20.30.2
Uruguay--0.10.10.10.1
NORTH AMERICA 42.8 32.0 43.0 58.8 49.2 56.2
Canada16.69.014.02.61.65.2
United States26.223.029.056.247.551.0
EUROPE 25.6 40.6 14.7 15.7 17.9 13.0
Bulgaria0.81.10.30.30.50.2
Czech Rep.0.80.5-0.30.30.4
EU 3/10.515.011.05.06.66.0
Hungary1.90.90.32.91.40.8
Romania0.50.4-0.50.60.2
Russian Fed.4.514.52.92.63.82.3
Ukraine5.56.6-3.54.02.7
OCEANIA 16.4 10.4 15.5 5.2 1.4 4.8
Australia16.410.415.55.21.34.8
WORLD 108.7 105.9 96.5 105.4 103.5 104.5
Developing countries19.616.617.423.933.428.8
Developed countries89.189.379.181.670.175.7
Source: FAO Note: Totals computed from unrounded data.
1/ Including wheat flour in wheat grain equivalent, but excluding semolina.
2/ Including Taiwan Province.
3/ Excluding trade between the EU member countries.

Table A.3 b) - WORLD EXPORTS OF CEREALS

  Rice (milled) Total Cereals 1 /
  2002 2003
estim.
2004
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
 (million tonnes)
ASIA 22.4 21.9 20.8 42.6 55.3 45.9
China 2/2.12.72.39.718.613.1
India6.63.83.510.18.87.0
Indonesia---0.10.10.1
Japan0.20.60.30.71.00.7
Kazakhstan---4.26.25.9
Myanmar0.90.91.21.01.01.3
Pakistan1.61.81.82.32.81.8
Syria---0.50.60.7
Thailand7.37.57.57.67.67.5
Turkey---0.91.71.5
Viet Nam3.24.03.83.34.03.8
AFRICA 0.5 0.7 0.6 3.3 3.0 3.0
Egypt0.50.70.60.50.70.6
Ethiopia---0.1--
Nigeria---0.10.10.1
South Africa---1.51.31.4
Sudan---0.10.10.1
Uganda---0.30.10.1
CENTRAL AMERICA - - - 0.7 0.9 0.9
SOUTH AMERICA 1.2 1.2 1.5 27.2 22.5 26.9
Argentina0.20.20.420.818.019.9
Brazil---5.03.05.5
Paraguay---0.30.30.2
Uruguay0.70.60.70.70.70.8
NORTH AMERICA 3.3 3.7 2.9 104.9 84.9 102.1
Canada---19.110.619.2
United States3.33.72.985.874.282.9
EUROPE 0.3 0.2 0.2 41.6 58.8 27.9
Bulgaria---1.21.60.5
Czech Rep.---1.10.80.4
EU 3/0.30.20.215.821.817.2
Hungary---4.82.31.1
Romania---1.11.00.2
Russian Fed.---7.018.35.2
Ukraine---9.010.62.7
OCEANIA 0.4 0.2 0.3 22.0 11.9 20.5
Australia0.40.20.322.011.920.5
WORLD 28.1 27.9 26.3 4/ 242.3 237.2 227.3
Developing countries24.023.222.667.473.168.7
Developed countries4.24.73.7174.9164.1158.6
Source: FAO Note: Totals computed from unrounded data.
1/ Trade in rice refers to the calendar year of the second year shown.
2/ Including Taiwan Province.
3/ Excluding trade between the EU member countries.
4/ Highly tentative.

Table A.4 – CEREALS: Supply and Utilization in Main Exporting Countries (National Crop Years)

  Wheat 1/ Coarse Grains 2/ Rice (milled basis)
  2001/02 2002/03
estim.
2003/04
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
2001/02 2002/03
estim.
2003/04
f'cast
 (million tonnes)
  UNITED STATES (June/May) UNITED STATES UNITED STATES (Aug./July)
Opening stocks23.821.113.452.745.131.00.91.20.8
Production53.344.163.6262.4245.2278.16.76.56.2
Imports2.92.12.02.32.32.40.40.50.5
Total Supply 80.0 67.3 79.0 317.3 292.5 311.4 8.0 8.27.5
Domestic use32.730.733.2217.1215.6221.23.93.53.9
Exports26.223.228.655.245.951.63.03.92.8
Closing stocks21.113.417.245.131.038.61.20.80.8
  CANADA (August/July) CANADA THAILAND (Nov./Oct.) 3/
Opening stocks9.76.75.74.43.63.21.82.52.5
Production20.616.222.022.720.126.217.617.217.9
Imports0.10.20.04.04.21.60.00.00.0
Total Supply 30.3 23.1 27.7 31.1 27.8 30.9 19.4 19.7 20.4
Domestic use7.48.37.524.022.022.99.59.710.1
Exports16.29.214.63.62.64.77.37.57.5
Closing stocks6.75.75.63.63.23.32.52.52.8
  ARGENTINA (Dec./Nov.) ARGENTINA CHINA (Jan./Dec.) 3/ 4/
Opening stocks0.31.02.11.21.30.7106.592.978.1
Production15.312.313.519.618.719.1122.9120.9114.8
Imports0.00.00.00.00.00.00.40.50.6
Total Supply 15.6 13.3 15.6 20.8 20.0 19.8 229.7 214.3 193.4
Domestic use5.15.35.39.48.28.5134.8133.5130.5
Exports9.56.09.510.211.110.82.12.72.3
Closing stocks1.02.10.81.30.70.692.978.160.6
  AUSTRALIA (Oct./Sept.) AUSTRALIA PAKISTAN (Nov./Oct.) 3/
Opening stocks4.07.12.11.22.01.61.00.60.2
Production24.39.424.112.66.810.93.94.24.3
Imports0.00.00.00.00.00.10.00.00.0
Total Supply 28.3 16.5 26.2 13.9 8.8 12.5 4.9 4.8 4.5
Domestic use4.95.75.66.45.56.02.72.72.7
Exports16.38.715.25.51.74.61.61.81.8
Closing stocks7.12.15.32.01.61.90.60.20.1
  EU (July/June) 5/ EU 5/ VIET NAM (Nov./Oct.) 3/
Opening stocks14.512.516.017.119.618.74.04.54.9
Production91.8104.492.4107.9107.994.921.322.723.1
Imports10.012.04.04.24.05.00.00.00.0
Total Supply 116.3 128.9 112.4 129.2 131.6 118.6 25.3 27.2 28.0
Domestic use93.097.694.1104.6106.2102.417.618.318.9
Exports10.815.311.35.06.66.03.24.03.8
Closing stocks12.516.07.019.618.710.24.54.95.3
TOTAL ABOVE          
Opening stocks52.348.539.176.671.455.1114.1101.786.6
Production205.2186.3215.5425.2398.7429.2172.4171.5166.3
Imports13.014.36.110.510.59.00.81.01.1
Total Supply 270.6 249.1 260.7 512.3 480.7 493.3 287.3 274.2 253.9
Domestic use143.0147.5145.6361.5357.6361.0168.5167.8166.0
Exports79.162.579.279.468.077.717.219.918.2
Closing stocks48.539.136.071.455.154.6101.786.669.6
Source: FAO Note: Totals computed from unrounded data.
1/ Trade data include wheat flour in wheat grain equivalent. For the EU semolina is also included.
2/ Argentina (Dec./Nov.) for rye, barley and oats, (March/February) for maize and sorghum; Australia (November/October) for rye, barley and oats, (March/February) for maize and sorghum; Canada (August/July); EU (July/June); United States (June/May) for rye, barley and oats, (September/August) for maize and sorghum.
3/ Rice trade data refer to the calendar year of the second year shown.
4/ Including Taiwan province.
5/ Excluding trade between the EU member countries.

Table A.5 - WORLD CEREAL STOCKS: Estimated Total Carryovers of Cereals 1/

  Crop Years ending in:
  1998 1999 2000 2001 2002 2003
estim.
2004
f’cast
 (million tonnes)
TOTAL CEREALS 668.1 688.1 687.6 635.4 588.3 476.0 382.3
Wheat 257.8 262.4 257.3 244.0 226.0 181.0 128.3
held by:       
- main exporters 2/39.350.450.252.348.539.136.0
- others218.5212.0207.1191.6177.5141.892.4
Coarse Grains 257.6 268.4 261.9 227.9 211.6 172.6 151.7
held by:       
- main exporters 2/69.380.077.476.671.455.154.6
- others188.3188.4184.6151.2140.2117.597.1
Rice (milled basis) 152.7 157.3 168.4 163.6 150.6 122.4 102.2
held by:       
- main exporters 2/115.7117.2119.7114.1101.786.669.6
excl. China 3/4.54.16.77.78.88.59.0
- others37.040.148.749.548.935.932.6
BY REGIONS       
Developed Countries 169.2 171.1 165.0 160.6 168.4 142.4 128.3
Australia3.83.04.55.39.33.87.3
EU35.136.634.232.032.735.417.9
Canada10.412.513.514.110.48.99.0
Hungary2.82.62.01.31.41.61.0
Japan6.76.05.85.55.24.63.7
Poland4.04.23.71.52.32.01.4
Romania5.03.53.60.92.61.50.7
Russian Fed.18.05.84.96.513.412.59.0
South Africa3.72.31.73.01.83.02.3
Ukraine4.52.22.22.35.25.13.4
United States58.777.875.677.467.445.156.6
Developing Countries 498.9 517.0 522.7 474.8 419.9 333.6 254.0
Asia 461.5 477.3 483.2 438.6 380.0 299.0 218.2
China 3/370.1377.4370.4321.0267.2207.8137.2
India42.947.357.462.260.042.134.8
Indonesia5.55.65.95.73.64.03.9
Iran, Islamic Rep. of3.93.84.33.64.54.02.5
Korea, Rep. of2.82.83.33.23.42.92.3
Pakistan7.18.67.97.44.61.30.6
Philippines2.02.61.92.01.82.21.9
Syria4.04.24.03.55.05.85.2
Turkey7.49.48.38.77.16.66.5
Africa 22.5 27.2 25.5 22.6 23.2 21.1 19.4
Algeria2.12.72.41.81.81.31.7
Egypt3.74.64.24.03.73.12.6
Ethiopia2.41.51.71.01.11.21.0
Morocco2.54.73.01.71.81.92.3
Nigeria1.91.91.62.22.42.31.8
Tunisia1.91.92.12.12.22.01.7
Central America 5.1 6.2 6.3 6.1 6.8 5.5 5.4
Mexico3.95.04.84.75.64.44.3
South America 9.6 6.2 7.5 7.4 9.8 7.9 10.9
Argentina2.11.71.41.62.32.81.5
Brazil4.91.52.71.94.12.37.1
        
Source: FAO Note: Based on official and unofficial estimates. Totals computed from unrounded data.
1/ Stock data are based on an aggregate of carryovers at the end of national crop years and do not represent world stock levels at any point in time.
2/ The major wheat and coarse grains exporters are Argentina, Australia, Canada, the EU and the United States. The major rice exporters are China (including Taiwan Province), Pakistan, Thailand, the United States and Viet Nam. See Table A.4 for country details.
3/ Including Taiwan Province.

Table A.6 – SELECTED EXPORT PRICES OF CEREALS AND SOYBEANS

  Wheat Maize Sorghum Soybeans
U.S. No.2 Hard
Red Winter Ord.
Prot.
1 /
U.S. Soft Red
Winter No.2
1 /
Argentina
Trigo Pan
2 /
U.S. No.2
Yellow
1 /
Argentina
2 /
U.S. No.2
Yellow
1 /
U.S. No.2
Yellow
1 /
 (US$/tonne)
July/June       
1999/200011297112919089190
2000/2001128101124868493184
2001/2002127113119908995182
2002/2003161138145107102112222
2002 - October196159155110105121212
2003 - April14312614310599108217
May 147131157108104103242
June135125158107103102204
July 133127143999795228
August 15514215510098106220
September 151139152103101110245
October I 146131149102100110265
II 14413114510199110287
III14814014410198107282
IV160155154111108118301
Sources: International Grain Council and USDA.
1/ Delivered U.S. Gulf ports. 2/ Up River f.o.b.

Table A.7 - PRICE INDICES AND SELECTED EXPORT PRICES FOR RICE

  Export Prices FAO Indices
Calendar years Thai
100% B
Thai
broken
U.S.
Long grain
Pakistani
Basmati
Total Indica Japonica Aromatic
1 / 2 / 3 / 4 /  High
quality
Low
quality
  
January/December(U.S.$/tonne)(1998-2000=100)
19992531923334861019910110598
20002071432714188484838389
20011771352643327474747669
20021971512073667273756774
2002 - October1931612153977474776980
2003 - June 209153287n.a.8280818196
July203149289n.a.8380808496
August198151305n.a.8582828897
September201155333n.a.87848291102
October I198159342n.a.)     
II200159342n.a.)     
III200159342n.a.) 8884829499
IV199157331n.a.)    
Sources: FAO for indices. Rice prices: Jackson Son & Co. (London) Ltd. and other public sources.
Note: The FAO Rice Price Index is based on 16 rice export quotations. 'Quality' is defined by the precentage of broken kernels, with high (low) quality referring to rice with less (equal to or more) than 20 percent brokens. The Sub-Index for Aromatic Rice follows movements in prices of Basmati and Fragrant rice.
1/ White rice, 100% second grade, f.o.b. Bangkok, indicative traded prices. 2/ A1 super, f.o.b. Bangkok, indicative traded prices. 3/ U.S. No.2, 4% brokens f.o.b. 4/ Basmati: ordinary, f.o.b. Karachi.

Table A.8 – PRICE INDICES AND SELECTED INTERNATIONAL PRICES FOR OILCROP PRODUCTS

 FAO IndicesInternational Prices
Marketing yearsOilseedsEdible/Soap Fats/OilsOilcakes/
Meals
Soybeans
1/
Soybean
Oil 2/
Palm Oil
3/
Soybean
Cake 4/
Rapeseed
Meal 5/
October/September(1990-92=100)(U.S.$/tonne)
          
1997/98 109154116256634641197138
1998/99 8912582209483514149104
1999/00 839189209355337180124
2000/01Oct.-Mar.827698206314254198146
 Apr.-Sept.828694197356289178135
2001/02Oct.-Mar.8395100188378323175135
 Apr.-Sept.90107104213445392174122
2002/03Oct.-Mar.103124106241543442186133
 Apr.-Sept.104123110246535414197149
2003/04October134143140311623484253188
Sources: FAO and Oil World.
Note: The FAO indices are calculated using the Laspeyres formula; the weights used are the average export values of each commodity for the 1990-92 period. The indices are based on the international prices of five selected seeds, ten selected oils and fats and seven selected cakes and meals.
1/ Soybeans (US, No.2 yellow, c.i.f. Rotterdam). 2/ Soybean oil (Dutch, fob ex-mill). 3/ Palm oil (Crude, c.i.f. North West Europe). 4/ Soybean cake (Pellets, 44/45%, Argentina, c.i.f. Rotterdam). 5/ Rapeseed meal (34%, Hamburg, f.o.b. ex-mill).

Table A.9 - WHEAT AND MAIZE FUTURES PRICES

  December March May July
this year last year this year last year this year last year this year last year
 (US$/tonne)
WHEAT        
September 22127143131143129137121127
30 132146136147135139126129
October 7122139126141127134121124
14 120133123135125131119122
21125 150129 148128 139121 124
28139 153142 150139 138128 119
MAIZE        
September 2290100931039410495105
30 8799901029210493104
October 788102911059310694106
14 869789999110192102
2185 10087 10289 10390 103
2895 9797 9999 10099 100
Source: Chicago Board of Trade

Table A.10 - OCEAN FREIGHT RATES FOR WHEAT

  From U.S. Gulf ports to: From North Pacific ports to:
Rotterdam
1/
CIS
Black Sea
1/ 2/
Egypt
(Alexandria)
1/
Bangladesh
1/
China
1 /
Japan
1/
 (US$/tonne)
July/June      
1998/19999.4225.459.2518.7527.0029.17
1999/200012.6040.9713.6518.5027.0032.83
2000/200113.1040.9715.0018.3127.0036.31
2001/200210.9940.9715.0018.5026.9034.19
2002/200312.5040.9716.6722.5027.2331.50
2002 - October10.7540.9715.0018.5027.0029.00
2003 - February12.0040.9715.0018.5027.0029.00
March12.0040.9717.0026.0027.0029.00
April 16.0040.9721.0032.0027.0035.00
May16.0040.9721.0032.0027.0035.00
June18.2040.9721.0032.0029.7035.00
July18.2040.9721.0032.0027.0035.00
August20.0040.9721.0032.0027.0035.00
September20.0040.9723.0036.0027.0035.00
October20.0040.9723.0036.0027.0042.00
Source: International Grain Council
Note: Estimated mid-month rates based on current chartering practices for vessels ready to load three to four weeks ahead.
1/ Size of vessels: Rotterdam over 40 000 tonnes; CIS 20-40 000 tonnes; Egypt over 30 000 tonnes; Bangladesh over 40 000 tonnes; China 20-35 000 tonnes; Japan 15-24 999 tonnes.
2/ Excludes CIS and United States flag vessels.

Table A.11 - SELECTED INTERNATIONAL COMMODITY PRICES

  Currency
and Unit
Effective
Date
Latest
Quotation
1 month
ago
1 year
ago
Average
1989-91
Sugar (I.S.A. daily price)US cents per lb21.10.035.825.867.7911.4
Coffee (I.C.O. daily price)US cents per lb24.10.0353.2853.0852.4876.7
Cocoa (I.C.C.O. daily price)US cents per lb28.10.0364.5973.7392.9956.0
Tea (total tea, Mombasa)US$ per kg.28.10.031.681.611.521.5
Bananas (Central America,€ per tonne24.08.03 602 1/776 1/983 1/566
f.o.b., Hamburg)  553 2/648 2/ 820 2/ 
Cotton (COTLOOK, index “A” 1-3/32")US cents per lb24.10.0374.2566.4549.678.5
Jute “BWD” f.o.b. Mongla at sightUS cents per lb24.10.03245245225391.2
Wool (64's, London)Pence per kg24.10.03509546553466
Source: FAO
1/ EU duty paid, estimated. 2/ Estimated price for EFTA markets.

Previous pageTable Of ContentsNext page

 

 Economic and Social Department

About us

Disclaimer

©FAO, 2003