
	food outlook	No.2, June 2005
	global information and early warning system on food and agriculture(GIEWS)

Highlights

Roundup

Basic food commodities

Other relevant agricultural commodities

Ocean freight rates

Fertilizers

Special feature

Statistical appendix

	TABLE A1. World cereal production (million tonnes)
	TABLE A1 (cont.)
	TABLE A2. World imports of cereals (million tonnes)
	TABLE A2 (cont.)
	TABLE A3. World exports of cereals (million tonnes)
	TABLE A3. (cont.)
	TABLE A4. Cereal supply and utilization in main exporting countries (million tonnes)
	TABLE A5. World cereal stocks1(million tonnes)
	TABLE A6. Selected export prices of cereals and soybeans (US$/tonne)
	TABLE A7. Wheat and maize price indices
	TABLE A8. Price indices and selected export prices for rice
	TABLE A9. Price indices and selected international prices for oilcrop products
	TABLE A10. Wheat and maize future prices ( US$/tonne)
	TABLE A11. Ocean freight rates for wheat (US$/tonne)
	TABLE A12. Selected international commodity prices
	TABLE A13. Fertilizer spot price ranges (bulk f.o.b., US$/tonne)

Statistical note

Statistical appendix

TABLE A1. World cereal production (million tonnes)

	Wheat			Coarse Grains
	2003	2004 estimate	2005 forecast	2003	2004 estimate	2005 forecast
ASIA	244.9	253.9	259.9	220.1	231.6	229.5
Bangladesh	1.3	1.5	1.5	0.1	0.1	0.1
China¹	86.5	91.3	91.7	126.5	144.2	140.4
India	65.1	72.1	73.0	37.8	31.9	33.0
Indonesia	-	-	-	10.9	11.2	11.5
Iran (Islamic Republic of)	13.5	14.0	14.5	4.8	4.2	4.2
Japan	0.9	0.9	0.9	0.2	0.2	0.2
Kazakhstan	11.5	9.9	10.8	3.3	2.4	2.7
Dem. People’s Rep. of Korea	0.2	0.2	0.2	1.9	1.9	1.9
Korea, Republic of	-	-	-	0.4	0.4	0.4
Myanmar	0.1	0.1	0.1	0.9	0.8	0.8
Pakistan	19.3	19.8	21.4	2.1	2.2	2.2
Philippines	-	-	-	4.6	5.5	5.5
Saudi Arabia	2.1	1.6	1.2	0.2	0.2	0.2
Thailand	-	-	-	4.4	4.5	4.5
Turkey	19.5	20.7	19.7	10.7	11.3	11.5
Viet Nam	-	-	-	2.9	3.5	2.9
AFRICA	21.5	22.8	19.8	90.9	88.3	87.3
North Africa	17.1	17.2	14.9	12.7	12.8	10.6
Egypt	6.8	7.2	8.3	7.6	7.8	7.7
Morocco	5.1	5.5	2.5	2.8	2.9	1.2
Sub-Saharan Africa	4.3	5.5	4.9	78.1	75.5	76.8
Western Africa	0.1	0.1	0.1	36.1	34.6	35.0
Nigeria	0.1	0.1	0.1	19.2	19.2	19.5
Central Africa	-	-	-	2.8	2.9	2.9
Eastern Africa	2.4	3.6	2.7	22.3	20.8	20.8
Ethiopia	1.7	2.8	2.0	7.9	8.9	7.6
Sudan	0.4	0.5	0.4	5.6	2.9	4.1
Southern Africa	1.8	1.9	2.1	16.9	17.2	18.1
Madagascar	-	-	-	0.2	0.2	0.2
South Africa	1.5	1.7	1.9	10.2	10.3	12.3
Zimbabwe	0.1	0.1	0.1	0.9	0.9	0.7
CENTRAL AMERICA	2.7	2.4	3.0	32.4	33.3	35.1
Mexico	2.7	2.4	3.0	28.6	29.7	31.4
SOUTH AMERICA	23.6	25.2	24.3	80.4	74.8	73.5
Argentina	14.6	16.0	15.5	19.2	18.7	23.9
Brazil	6.0	5.7	5.7	50.5	44.8	38.6
Colombia	-	-	-	1.5	1.8	1.7
NORTH AMERICA	87.4	84.6	81.8	302.0	346.6	323.1
Canada	23.6	25.9	23.5	26.6	26.7	26.5
United States of America	63.8	58.7	58.2	275.4	319.9	296.6
EUROPE	154.9	217.7	204.5	197.6	237.1	209.7
Bulgaria	2.0	4.0	3.7	1.9	3.2	2.3
European Union²	91.5	136.8	125.0	95.8	150.4	132.2
Hungary³	2.9	6.0	5.2	5.8	10.7	8.3
Poland³	7.9	9.9	9.3	15.6	19.6	17.7
Romania	2.5	7.8	8.0	10.6	16.2	11.4
Russian Federation	34.0	45.3	44.0	30.2	29.6	29.0
Ukraine	4.3	16.5	17.4	15.5	19.1	16.9
OCEANIA	26.0	20.7	18.3	13.4	11.0	10.9
Australia	25.7	20.4	18.0	12.8	10.5	10.4
WORLD	561.0	627.3	611.5	936.8	1 022.7	969.2
Developing countries	267.2	280.0	281.0	408.1	413.2	408.3
Developed countries	293.7	347.3	330.6	528.7	609.6	560.9

¹ Including Taiwan Province.

² Up to 2003 15 member countries, from 2004 25 member countries.

³ From 2004 included in EU 25.

Note: Totals computed from unrounded data.

TABLE A1 (cont.)

	Rice (paddy)			Total Cereals
	2003	2004 estimate	2005 forecast	2003	2004 estimate	2005 forecast
ASIA	532.8	546.8	561.5	997.9	1 032.3	1 050.9
Bangladesh	39.3	38.0	39.8	40.6	39.5	41.3
China¹	162.3	177.5	183.6	375.3	413.1	415.8
India	132.4	130.7	133.5	235.3	234.6	239.5
Indonesia	52.1	54.1	53.1	63.0	65.2	64.6
Iran (Islamic Republic of)	3.3	3.4	3.5	21.6	21.6	22.2
Japan	9.7	10.9	10.6	10.8	12.0	11.7
Kazakhstan	0.2	0.2	0.2	15.1	12.6	13.7
Dem. People’s Rep. of Korea	2.2	2.4	2.4	4.3	4.4	4.4
Korea, Republic of	6.0	6.8	6.7	6.4	7.2	7.1
Myanmar	23.1	23.4	24.5	24.2	24.3	25.4
Pakistan	7.3	7.5	7.8	28.6	29.5	31.4
Philippines	14.2	14.5	14.6	18.8	20.0	20.1
Saudi Arabia	-	-	-	2.3	1.8	1.4
Thailand	27.2	23.9	27.0	31.7	28.4	31.5
Turkey	0.4	0.4	0.4	30.6	32.4	31.6
Viet Nam	34.5	36.1	36.0	37.4	39.6	38.9
AFRICA	18.0	18.4	19.4	130.3	129.4	126.5
North Africa	6.2	6.4	6.4	36.0	36.4	31.8
Egypt	6.2	6.4	6.4	20.7	21.3	22.4
Morocco	-	-	-	8.0	8.5	3.8
Sub-Saharan Africa	11.8	12.0	13.0	94.3	93.0	94.7
Western Africa	7.4	7.2	7.9	43.6	41.9	43.0
Nigeria	3.4	3.5	4.0	22.6	22.7	23.6
Central Africa	0.4	0.4	0.4	3.2	3.3	3.3
Eastern Africa	0.9	1.0	0.9	25.6	25.3	24.4
Ethiopia	-	-	-	9.6	11.7	9.6
Sudan	-	-	-	5.9	3.4	4.5
Southern Africa	3.1	3.3	3.7	21.9	22.4	23.9
Madagascar	2.8	3.0	3.4	3.0	3.2	3.6
South Africa	-	-	-	11.7	12.0	14.2
Zimbabwe	-	-	-	1.0	1.0	0.8
CENTRAL AMERICA	2.6	2.4	2.5	37.8	38.1	40.7
Mexico	0.3	0.3	0.3	31.6	32.4	34.7
SOUTH AMERICA	19.8	22.9	23.9	123.8	122.9	121.7
Argentina	0.7	1.1	1.1	34.4	35.7	40.5
Brazil	10.4	12.8	13.2	66.9	63.4	57.4
Colombia	2.5	2.7	2.7	4.1	4.5	4.4
NORTH AMERICA	9.1	10.5	10.2	398.4	441.7	415.1
Canada	-	-	-	50.1	52.6	50.0
United States of America	9.1	10.5	10.2	348.3	389.1	365.1
EUROPE	3.3	3.4	3.4	355.7	458.3	417.6
Bulgaria	-	-	-	3.9	7.2	6.0
European Union²	2.7	2.8	2.8	190.0	290.1	260.0
Hungary³	-	-	-	8.8	16.7	13.5
Poland³	-	-	-	23.4	29.5	26.9
Romania	-	-	-	13.1	23.9	19.4
Russian Federation	0.5	0.5	0.5	64.6	75.4	73.4
Ukraine	0.1	0.1	0.1	19.9	35.7	34.4
OCEANIA	0.4	0.6	0.4	39.8	32.2	29.6
Australia	0.4	0.5	0.3	38.9	31.4	28.7
WORLD	586.0	604.9	621.3	2 083.7	2 254.9	2 202.0
Developing countries	562.8	578.8	596.1	1 238.1	1 272.0	1 285.3
Developed countries	23.2	26.1	25.3	845.6	982.9	916.7

¹ Including Taiwan Province.

² Up to 2003 15 member countries, from 2004 25 member countries

³ From 2004 included in EU 25.

Note: Totals computed from unrounded data.

TABLE A2. World imports of cereals (million tonnes)

	Wheat (July/June)¹			Coarse Grains (July/June)
	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast
ASIA	41.2	50.6	46.9	59.4	58.0	57.8
Bangladesh	2.0	2.3	2.1	0.2	0.2	0.2
China	4.0	8.6	6.0	6.4	7.3	7.6
Taiwan Province	1.0	1.1	1.0	5.0	4.9	4.9
Georgia	0.6	0.8	0.8	-	-	-
India	-	0.1	0.1	0.2	0.1	0.1
Indonesia	4.4	4.4	4.4	1.4	1.2	1.0
Iran (Islamic Republic of)	0.5	0.2	0.2	1.7	2.4	2.4
Iraq	2.0	2.9	3.0	0.3	0.2	0.2
Israel	1.0	1.5	1.5	2.0	1.5	1.4
Japan	5.6	5.6	5.6	20.3	19.8	19.5
Dem. People’s Rep. of Korea	0.4	0.4	0.4	0.1	0.2	0.2
Korea, Republic of	3.3	3.9	3.8	9.6	9.0	9.5
Malaysia	1.4	1.4	1.4	2.4	2.5	2.5
Pakistan	0.2	1.4	1.0	0.2	0.2	0.2
Philippines	3.0	3.0	3.1	0.1	0.1	0.1
Saudi Arabia	0.1	0.4	0.6	8.0	7.7	7.7
Singapore	0.3	0.3	0.3	-	-	-
Sri Lanka	1.0	1.0	1.0	0.1	0.1	0.1
Syria	0.2	0.2	0.2	1.8	2.0	1.7
Thailand	1.1	1.0	1.1	0.1	0.1	0.1
Yemen	1.9	1.8	1.9	0.3	0.2	0.2
AFRICA	25.2	26.4	27.1	14.1	15.4	15.6
North Africa	14.6	15.1	16.0	8.8	9.6	9.7
Algeria	3.1	3.4	4.0	2.1	1.8	1.9
Egypt	6.9	7.3	6.3	4.1	4.6	4.5
Morocco	2.4	2.2	3.0	1.0	1.5	1.6
Tunisia	0.7	0.8	1.3	0.8	1.0	1.0
Sub-Saharan Africa	10.6	11.3	11.1	5.3	5.8	5.8
Côte d'Ivoire	0.3	0.3	0.3	-	-	-
Ethiopia	0.5	0.2	0.7	0.1	-	-
Kenya	0.4	0.6	0.6	0.6	1.2	1.0
Nigeria	2.4	2.8	2.8	0.1	0.1	0.1
Senegal	0.3	0.3	0.3	-	-	-
Sudan	1.1	1.2	1.1	0.1	0.1	0.1
South Africa	1.0	1.3	1.2	0.7	0.6	0.3
CENTRAL AMERICA	7.2	7.5	7.3	12.3	12.6	11.8
Cuba	1.0	1.0	1.1	0.3	0.3	0.3
Dominican Rep.	0.3	0.3	0.3	0.8	0.8	0.9
Mexico	3.6	3.8	3.6	8.7	9.0	8.0
SOUTH AMERICA	10.9	10.3	10.9	5.7	6.3	6.5
Brazil	5.6	5.0	5.5	0.7	1.0	1.2
Chile	0.4	0.3	0.5	0.9	0.8	0.8
Colombia	1.2	1.3	1.2	2.1	2.4	2.2
Peru	1.4	1.4	1.5	0.9	1.0	1.1
Venezuela	1.4	1.5	1.5	0.6	0.6	0.7
NORTH AMERICA	0.9	1.4	1.5	5.0	3.9	4.4
Canada	0.1	-	-	2.5	1.9	2.6
United States of America	0.9	1.4	1.5	2.4	2.1	1.8
EUROPE	17.6	10.0	9.3	11.3	5.2	5.3
Belarus	0.4	0.2	0.2	0.2	0.3	0.3
European Union²	5.8	6.6	6.0	6.8	3.2	3.2
Poland³	0.8	-	-	0.7	-	-
Romania	2.1	0.2	-	0.4	0.1	0.1
Russian Federation	1.1	1.2	1.2	0.9	0.9	0.9
Ukraine	3.6	0.1	0.1	0.3	-	-
OCEANIA	0.5	0.5	0.5	0.1	0.1	0.1
New Zealand	0.2	0.3	0.2	0.1	0.1	0.1
WORLD	103.5	106.6	103.5	107.9	101.4	101.5
Developing countries	75.1	83.9	81.5	68.4	70.1	70.3
Developed countries	28.4	22.8	22.0	39.5	31.3	31.2

¹Including wheat flour in wheat grain equivalent, but excluding semolina.

² Excluding trade between the EU member countries. Up to 2003/04 15 member countries, from 2004/05 25 member countries.

³From 2004/05 included in EU 25.

Note: Totals computed from unrounded data.

TABLE A2 (cont.)

	Rice (milled)			Total Cereals¹
	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast
ASIA	11.6	11.6		112.2	120.2
Bangladesh	0.8	1.0		2.9	3.5
China	0.9	0.7		11.4	16.5
Taiwan Province	0.2	0.2		6.2	6.1
Georgia	-	-		0.6	0.8
India	-	0.1		0.2	0.3
Indonesia	0.7	0.7		6.5	6.3
Iran (Islamic Republic of)	0.8	0.6		3.0	3.2
Iraq	1.2	1.2		3.5	4.3
Israel	0.1	0.1		3.1	3.1
Japan	0.7	0.7		26.6	26.1
Dem. People’s Rep. of Korea	0.6	0.5		1.1	1.1
Korea, Republic of	0.2	0.2		13.1	13.1
Malaysia	0.7	0.6		4.5	4.4
Pakistan	-	-		0.4	1.6
Philippines	1.0	1.6		4.1	4.7
Saudi Arabia	0.9	0.8		8.9	8.8
Singapore	0.3	0.3		0.6	0.7
Sri Lanka	0.2	-		1.4	1.2
Syria	0.2	0.2		2.2	2.4
Thailand	-	-		1.2	1.1
Yemen	0.3	0.3		2.4	2.3
AFRICA	8.6	7.9		47.8	49.7
North Africa	0.2	0.2		23.5	24.9
Algeria	0.1	0.1		5.2	5.2
Egypt	-	-		11.0	11.9
Morocco	-	-		3.5	3.7
Tunisia	-	-		1.5	1.8
Sub-Saharan Africa	8.3	7.7		24.3	24.7
Côte d'Ivoire	0.8	0.8		1.1	1.2
Ethiopia	-	-		0.6	0.3
Kenya	0.2	0.2		1.3	1.9
Nigeria	1.6	1.3		4.1	4.2
Senegal	0.7	0.7		0.9	1.0
Sudan	-	-		1.3	1.3
South Africa	1.0	0.9		2.7	2.8
CENTRAL AMERICA	2.1	2.1		21.6	22.1
Cuba	0.7	0.7		2.0	2.0
Dominican Rep.	0.1	0.1		1.2	1.2
Mexico	0.5	0.5		12.8	13.4
SOUTH AMERICA	1.1	1.0		17.8	17.5
Brazil	0.9	0.8		7.1	6.8
Chile	0.1	0.1		1.5	1.2
Colombia	0.1	0.1		3.4	3.7
Peru	0.1	-		2.4	2.4
Venezuela	-	-		2.0	2.1
NORTH AMERICA	0.8	0.8		6.7	6.1
Canada	0.3	0.3		2.9	2.1
United States of America	0.5	0.5		3.8	3.9
EUROPE	1.8	1.8		30.6	16.9
Belarus	-	-		0.6	0.6
European Union²	0.7	0.9		13.3	10.7
Poland³	0.1	-		1.5	-
Romania	0.1	0.1		2.6	0.3
Russian Federation	0.5	0.5		2.5	2.5
Ukraine	0.1	0.1		3.9	0.2
OCEANIA	0.4	0.4		0.9	1.0
New Zealand	-	-		0.3	0.4
WORLD	26.3	25.5	25.5⁴	237.7	233.6	230.5
Developing countries	21.7	21.1	21.0	165.2	175.0	172.8
Developed countries	4.6	4.5	4.5	72.5	58.5	57.7

¹ Trade in rice refers to the calendar year of the second year shown.

² Excluding trade between the EU member countries. Up to 2003/04 15 member countries, from 2004/05 25 member countries.

³From 2004/05 included in EU 25.

⁴Highly tentative.

Note: Totals computed from unrounded data.

TABLE A3. World exports of cereals (million tonnes)

	Wheat (July/June)¹			Coarse Grains (July/June)
	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast
ASIA	16.6	9.1	9.7	15.1	7.4	6.8
China²	2.1	0.4	0.4	11.3	5.1	4.5
India	5.0	1.5	1.0	0.8	0.3	0.3
Indonesia	-	-	-	0.1	0.3	0.3
Japan	0.4	0.4	0.4	-	-	-
Kazakhstan	5.4	2.7	4.0	0.5	0.3	0.3
Myanmar	-	-	-	0.1	0.1	0.1
Pakistan	0.2	0.1	0.2	-	-	-
Syria	1.0	1.0	1.0	0.3	0.1	0.1
Thailand	-	-	-	0.7	0.5	0.3
Turkey	0.8	1.2	1.0	0.5	0.1	0.1
Viet Nam	-	-	-	-	-	-
AFRICA	0.5	0.5	0.4	2.2	2.2	2.7
Egypt	-	-	-	-	-	-
Ethiopia	-	-	-	-	0.1	-
Nigeria	-	-	-	0.1	0.1	0.1
South Africa	0.2	0.2	0.2	1.2	0.9	1.9
Sudan	-	-	-	0.2	0.1	0.1
Uganda	-	-	-	0.1	0.2	0.1
CENTRAL AMERICA	0.5	0.5	0.4	0.2	0.1	0.2
SOUTH AMERICA	8.9	12.8	10.4	17.2	15.6	15.6
Argentina	7.5	12.0	10.0	10.1	12.2	14.0
Brazil	1.2	0.5	0.2	6.2	2.5	0.9
Paraguay	0.2	0.2	0.1	0.6	0.6	0.4
Uruguay	-	0.1	0.1	0.1	0.1	0.1
NORTH AMERICA	47.6	42.5	41.0	54.6	55.2	59.1
Canada	15.3	14.5	15.5	3.5	4.1	4.5
United States of America	32.3	28.0	25.5	51.1	51.1	54.6
EUROPE	13.6	25.1	27.6	11.7	15.3	12.7
Bulgaria	0.2	0.9	0.5	0.1	1.0	0.6
Czech Rep.³	-	-	-	0.3	-	-
European Union⁴	8.8	13.5	15.0	3.8	4.5	4.5
Hungary³	0.5	-	-	0.4	-	-
Romania	-	0.1	0.8	0.2	1.8	1.3
Russian Federation	4.0	6.0	6.8	3.3	1.2	0.8
Ukraine	0.1	4.1	4.0	2.8	6.3	4.6
OCEANIA	17.0	16.3	14.0	5.0	5.4	4.5
Australia	17.0	16.3	14.0	5.0	5.3	4.5
WORLD	104.8	106.9	103.5	106.0	101.2	101.5
Developing countries	20.1	19.2	15.8	32.9	24.0	23.0
Developed countries	84.7	87.8	87.7	73.1	77.2	78.4

¹ Including wheat flour in wheat grain equivalent, but excluding semolina.

² Including Taiwan Province.

³From 2004/05 included in EU 25.

⁴ Excluding trade between the EU member countries. Up to 2003/04 15 member countries, from 2004/05 25 member countries.

Note: Totals computed from unrounded data.

TABLE A3. (cont.)

	Rice (milled)			Total Cereals¹
	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast
ASIA	20.8	19.3		52.5	35.9
China²	1.0	0.8		14.4	6.2
India	3.2	3.4		9.0	5.2
Indonesia	-	-		0.1	0.3
Japan	0.2	0.2		0.6	0.6
Kazakhstan	-	-		5.9	3.1
Myanmar	0.1	0.2		0.3	0.3
Pakistan	1.9	2.2		2.1	2.3
Syria	-	-		1.3	1.1
Thailand	10.1	8.2		10.8	8.7
Turkey	-	-		1.3	1.3
Viet Nam	4.1	4.1		4.1	4.1
AFRICA	0.8	0.9		3.5	3.6
Egypt	0.8	0.9		0.8	0.9
Ethiopia	-	-		-	0.1
Nigeria	-	-		0.1	0.1
South Africa	-	-		1.4	1.1
Sudan	-	-		0.2	0.1
Uganda	-	-		0.1	0.2
CENTRAL AMERICA	0.1	-		0.8	0.6
SOUTH AMERICA	1.2	1.5		27.3	29.9
Argentina	0.2	0.4		17.9	24.6
Brazil	-	0.1		7.4	3.1
Paraguay	-	-		0.7	0.8
Uruguay	0.6	0.7		0.7	0.9
NORTH AMERICA	3.1	3.6		105.3	101.2
Canada	-	-		18.7	18.6
United States of America	3.1	3.6		86.5	82.7
EUROPE	0.3	0.2		25.6	40.7
Bulgaria	-	-		0.3	1.9
Czech Rep.³	-	-		0.3	-
European Union⁴	0.3	0.2		12.9	18.2
Hungary³	-	-		0.9	-
Romania	-	-		0.2	1.9
Russian Federation	-	-		7.3	7.2
Ukraine	-	-		2.9	10.4
OCEANIA	0.1	0.1		22.1	21.7
Australia	0.1	0.1		22.1	21.7
WORLD	26.3	25.5	25.5⁵	237.1	233.6	230.5
Developing countries	22.7	21.5	21.3	75.7	64.7	60.1
Developed countries	3.6	4.1	4.3	161.4	169.0	170.4

¹ Trade in rice refers to the calendar year of the second year shown.

² Including Taiwan Province.

³From 2004/05 included in EU 25.

⁴ Excluding trade between the EU member countries. Up to 2003/04 15 member countries, from 2004/05 25 member countries.

⁵Highly tentative.

Note: Totals computed from unrounded data.

TABLE A4. Cereal supply and utilization in main exporting countries (million tonnes)

	Wheat¹			Coarse Grains²			Rice (milled basis)
	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast	2003/04	2004/05 estimate	2005/06 forecast
	UNITED STATES (June/May)			UNITED STATES			UNITED STATES (Aug./July)
Opening stocks	13.4	14.9	14.3	31.0	28.8	61.7	0.8	0.8	1.3
Production	63.8	58.7	58.2	275.4	319.9	296.6	6.4	7.4	7.1
Imports	1.7	1.9	1.9	2.2	1.9	1.9	0.5	0.5	0.5
Total Supply	78.9	75.5	74.5	308.6	350.6	360.2	7.7	8.6	8.9
Domestic use	32.5	32.3	31.8	226.0	238.2	234.4	3.7	4.0	4.0
Exports	31.6	28.8	25.9	53.8	50.7	56.0	3.3	3.4	3.8
Closing stocks	14.9	14.3	16.8	28.8	61.7	69.8	0.8	1.3	1.0
	CANADA (August/July)			CANADA			THAILAND (Nov./Oct.)³
Opening stocks	5.7	6.1	7.8	3.2	4.2	5.5	4.9	3.3
Production	23.6	25.9	23.5	26.6	26.7	26.6	18.0	15.8
Imports	0.0	0.0	0.0	2.2	2.2	2.5	0.0	0.0
Total Supply	29.3	32.0	31.4	31.9	33.1	34.5	22.9	19.1
Domestic use	7.5	9.3	8.2	23.0	23.4	24.3	9.5	9.4
Exports	15.7	14.9	16.0	4.7	4.2	4.8	10.1	8.2
Closing stocks	6.1	7.8	7.2	4.2	5.5	5.4	3.3	1.5
	ARGENTINA (Dec./Nov.)			ARGENTINA			CHINA (Jan./Dec.)^{3 4}
Opening stocks	2.1	2.0	0.7	1.1	1.3	0.8	73.7	59.2
Production	14.6	16.0	15.5	19.2	18.7	23.9	111.3	121.7
Imports	0.0	0.0	0.0	0.0	0.0	0.0	0.9	0.7
Total Supply	16.6	18.0	16.2	20.2	20.0	24.8	185.9	181.5
Domestic use	5.8	5.5	5.4	8.7	7.6	9.3	125.7	125.6
Exports	8.8	11.8	10.0	10.2	11.6	14.2	1.0	0.8
Closing stocks	2.0	0.7	0.8	1.3	0.8	1.3	59.2	55.1
	AUSTRALIA (Oct./Sept.)			AUSTRALIA			PAKISTAN (Nov./Oct.)³
Opening stocks	3.1	5.4	4.4	2.1	1.8	0.9	0.3	0.5
Production	25.7	20.4	18.0	12.8	10.5	10.4	4.8	5.0
Imports	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Supply	28.8	25.8	22.4	14.9	12.2	11.3	5.2	5.5
Domestic use	5.5	5.6	5.9	6.4	5.8	6.2	2.8	2.9
Exports	17.9	15.8	14.6	6.7	5.6	4.5	1.9	2.2
Closing stocks	5.4	4.4	1.9	1.8	0.9	0.6	0.5	0.5
	EU (July/June)⁵			EU⁵			VIET NAM (Nov./Oct.)³
Opening stocks	15.0	10.5	22.5	18.0	14.5	21.7	4.9	4.9
Production	91.5	136.8	125.0	95.8	150.4	132.2	23.0	24.1
Imports	5.8	6.6	6.0	6.8	3.2	3.2	0.0	0.0
Total Supply	112.3	153.9	153.5	120.7	168.1	157.1	27.9	29.0
Domestic use	93.9	117.7	114.8	105.0	141.9	136.9	19.0	19.7
Exports	8.9	13.7	15.4	3.8	4.5	4.5	4.1	4.1
Closing stocks	9.5	22.5	23.3	11.8	21.7	15.7	4.9	5.2
	TOTAL OF ABOVE			TOTAL OF ABOVE			TOTAL OF ABOVE
Opening stocks	39.2	38.9	49.7	55.4	50.6	90.5	84.7	68.6
Production	219.1	257.8	240.3	429.7	526.1	489.7	163.6	173.9
Imports	7.5	8.5	7.9	11.2	7.3	7.6	1.4	1.1
Total Supply	265.9	305.2	298.0	496.3	584.0	587.9	249.7	243.7
Domestic use	145.2	170.4	166.1	369.1	416.8	411.1	160.7	161.5
Exports	82.8	85.0	81.8	79.3	76.6	84.0	20.3	18.6
Closing stocks	37.9	49.7	50.0	47.9	90.5	92.7	68.6	63.5

¹ Trade data include wheat flour in wheat grain equivalent. For the EU semolina is also included.

² Argentina (December/November) 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. Up to 2003/04 15 member countries, from 2004/05 25 member countries.

Note: Totals computed from unrounded data.

TABLE A5. World cereal stocks¹(million tonnes)

	Crop Years ending in:
	2000	2001	2002	2003	2004	2005 estimate	2006 forecast
TOTAL CEREALS	632.9	603.4	578.5	487.6	415.2	463.1	444.5
Wheat	247.5	244.7	236.8	203.8	160.3	167.6	159.6
held by:
- main exporters²	50.2	52.3	48.5	39.2	37.9	49.7	50.0
- others	197.3	192.4	188.3	164.6	122.4	117.9	109.6
Coarse Grains	234.0	207.8	197.5	163.4	150.3	198.4	189.5
held by:
- main exporters²	78.0	77.2	70.4	55.4	47.9	90.5	92.7
- others	156.0	130.6	127.2	108.0	102.3	107.9	96.8
Rice (milled basis)	151.5	150.9	144.1	120.4	104.7	97.1	95.4
held by:
- main exporters²	102.1	100.1	94.2	84.7	68.6	63.5	63.5
excl. China³	8.3	9.5	10.9	11.0	9.5	8.4	8.0
- others	49.4	50.8	49.9	35.7	36.0	33.5	31.9
Developed Countries	166.1	161.9	169.5	145.3	122.8	181.7	181.8
Australia	4.5	5.8	9.9	5.4	7.3	5.4
European Union⁴	34.5	32.0	31.1	33.7	22.0	44.9
Canada	13.5	14.1	10.3	8.9	10.3	13.4
Hungary⁵	2.2	1.5	2.0	1.4	1.0	-
Japan	6.2	6.0	5.7	5.3	4.8	5.0
Poland⁵	3.8	2.2	3.0	3.1	2.6	-
Romania	3.7	0.4	2.5	2.0	1.2	4.8
Russian Federation	4.9	6.5	13.5	12.5	7.3	9.1
South Africa	1.8	2.9	1.9	3.8	3.5	3.5
Ukraine	2.2	2.3	5.2	5.1	2.9	4.1
United States	75.6	77.4	67.4	45.2	44.4	77.3
Developing Countries	466.8	441.5	409.0	342.3	292.4	281.3	262.7
Asia	427.4	404.7	368.4	307.9	251.0	238.7
China³	311.3	281.1	249.0	209.9	163.8	159.0
India	57.4	62.3	60.3	40.4	32.0	28.3
Indonesia	7.0	7.4	5.0	5.7	6.0	5.0
Iran (Islamic Republic of)	3.8	3.5	4.2	3.5	2.6	1.8
Korea, Republic of	3.3	3.0	3.2	3.1	2.8	2.7
Pakistan	8.7	9.4	6.6	2.8	1.9	2.2
Philippines	1.9	2.2	1.9	2.2	1.9	2.3
Syria	3.7	3.0	3.8	3.9	4.0	3.6
Turkey	8.3	8.7	7.9	8.1	7.7	7.7
Africa	25.1	23.6	24.4	21.4	23.6	24.1
Algeria	1.8	1.7	2.0	2.7	2.8	2.7
Egypt	4.3	4.3	4.2	3.4	3.0	3.3
Ethiopia	1.5	2.3	1.8	0.7	0.5	1.3
Morocco	3.7	1.9	1.9	1.9	3.2	4.5
Nigeria	1.7	2.2	2.2	2.1	1.7	1.5
Tunisia	2.1	2.1	2.3	2.0	2.4	2.4
Central America	6.7	6.3	6.4	5.0	6.0	7.6
Mexico	5.0	4.5	4.6	3.3	4.5	6.4
South America	7.4	6.7	9.5	7.6	11.5	10.6
Argentina	1.8	1.6	2.3	3.2	3.5	1.7
Brazil	2.7	1.7	3.7	1.6	5.5	6.1

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.

⁴Up to 2003/04 15 member countries, from 2004/05 25 member countries.

⁵From 2004/05 included in EU 25.

Note: Based on official and unofficial estimates. Totals computed from unrounded data.

TABLE A6. Selected export prices of cereals and soybeans (US$/tonne)

	Wheat			Maize		Sorghum	Soybeans
Period	US No.2 Hard Red Winter Ord. Prot.¹	US Soft Red Winter No.2¹	Argentina Trigo Pan²	US No.2 Yellow¹	Argentina²	US No.2 Yellow¹	US No.1 Yellow¹
Annual (July/June)
2000/2001	128	101	124	86	84	93	184
2001/2002	127	113	119	90	89	95	182
2002/2003	161	138	145	107	102	112	222
2003/2004	161	149	154	115	109	118	305
Monthly
2004 – May	167	150	157	130	118	126	367
2004 – December	160	139	111	96	89	96	224
2005 – January	157	142	107	96	82	96	220
2005 – February	154	143	113	94	80	96	216
2005 – March	157	153	128	100	85	99	246
2005 – April	148	132	129	97	84	95	243
2005 – May	151	135	133	94	87	100	250
Weekly
2005 – May II	149	135	133	94	85	98	248
2005 – May III	150	130	133	90	86	99	243
2005 – May IV	153	140	134	98	90	105	250
2005 – May V	152	140	134	97	90	105	263
2005 – June I	146	132	132	98	89	105	268

¹ Delivered US Gulf ports.

² Up River f.o.b.

Sources: International Grain Council and USDA.

TABLE A7. Wheat and maize price indices

	Wheat¹	Maize²
Period	(1997/98-1999/00=100)	(1997/98-1999/00=100)
Annual (July/June)
1999/2000	93	92
2000/2001	97	87
2001/2002	99	91
2002/2003	121	108
2003/2004	119	116
Monthly
2004 – May	123	131
2004 – November	123	94
2004 – December	122	97
2005 – January	123	97
2005 – February	121	95
2005 – March	122	101
2005 – April	114	98
2005 – May	115	95

¹ The wheat price index has been constructed based on the IGC wheat price index, rebased to

July/June 1997/98-1999/00 = 100. The IGC wheat price index is composed of a simple average of

following price quotations, converted to an index, with base July/December 1986 = 1000:

a Australian Standard White, f.o.b. Eastern States - second position quoted.

b Canadian No.1 CWRS 13.5%, f.o.b. St. Lawrence.

c Canadian No.1 CWRS 12.5%, f.o.b. Vancouver.

d United States No.2 HRW (Ordinary), Gulf.

e United States No.2 SRW, Gulf.

f United States No.2 DNS 14%, f.o.b. Lakes

g United States No.2 Western White, f.o.b. Pacific

² United States Maize No.2 Yellow (delivered Gulf ports) with base July/June, 1997/98-1999/00 = 100.

Sources: FAO, International Grain Council, USDA.

TABLE A8. Price indices and selected export prices for rice

	Export Prices ( US$ per tonne)				FAO Indices ( 1998-2000=100)
Period	Thai 100% B¹	Thai broken²	US Long grain³	Pakistani Basmati⁴	Total	Indica		Japonica	Aromatic
Period	Thai 100% B¹	Thai broken²	US Long grain³	Pakistani Basmati⁴	Total	High quality	Low quality	Japonica	Aromatic
Annual (January/December)
2001	177	135	264	332	74	74	74	76	69
2002	197	151	207	366	72	73	75	67	74
2003	201	151	284	358	82	79	81	82	91
2004	244	207	372	486	104	101	110	104	96
Monthly
2004 – May	237	215	421	523	109	105	115	112	100
2004 – December	280	220	329	455	103	102	114	93	97
2005 – January	293	230	330	460	106	106	121	94	97
2005 – February	298	234	324	453	107	107	123	93	96
2005 – March	295	230	319	467	106	106	122	95	96
2005 – April	300	226	316	472	106	107	121	93	95
Weekly
2005 – May I	301	223	319	472	)
2005 – May II	300	222	319	472	) 103	105	113	93	94
2005 – May III	295	217	319	472	)
2005 – May IV	294	216	316	472	)

¹ White rice, 100% second grade, f.o.b. Bangkok, indicative traded prices.

² A1 super, f.o.b. Bangkok, indicative traded prices.

³ US No.2, 4% brokens f.o.b.

⁴ Basmati: ordinary, f.o.b. Karachi.

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.

Sources: FAO for indices. Rice prices: Jackson Son & Co. (London) Ltd. and other public sources.

TABLE A9. Price indices and selected international prices for oilcrop products

	FAO Indices ( 1990-92=100)			International Prices ( US$ per tonne)
Period	Oilseeds	Edible/Soap Fats/Oils	Oilcakes/ Meals	Soybeans¹	Soybean Oil²	Palm Oil³	Soybean Cake⁴	Rapeseed Meal⁵
Annual (October/September)
1996/97	118	134	133	298	536	545	278	174
1997/98	109	154	116	256	634	641	197	138
1998/99	89	125	82	209	483	514	149	104
1999/00	84	91	89	209	355	337	180	124
2000/01	82	81	96	201	335	272	188	141
2001/02	86	101	102	201	411	357	175	129
Semestral
2002/03 – Oct.- Mar.	103	124	106	241	543	442	186	133
2002/03 – Apr.- Sep.	104	123	110	246	535	414	197	149
2003/04 – Oct.- Mar.	140	144	138	351	653	512	274	199
2003/04 – Apr.- Sep.	121	140	126	294	612	464	240	157
2004/05 – Oct.- Mar.	111	134	115	264	539	420	205	133

Latest period
2004/05 – Apr.- May	117	134	121	284	540	421	222	133

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).

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.

Sources: FAO and Oil World.

TABLE A10. Wheat and maize future prices ( US$/tonne)

	July		September		December		March
	this year	last year	this year	last year	this year	last year	this year	last year
Wheat
May 3	117	146	120	148	123	151	127	153
May 10	118	142	122	144	125	147	129	150
May 17	114	135	117	137	121	141	125	144
May 24	122	139	126	142	129	146	133	148
May 31	122	143	126	146	129	150	132	152
June 7	117	133	121	137	125	141	129	144
Maize
May 3	81	128	84	126	88	126	91	127
May 10	82	118	85	116	89	115	92	117
May 17	82	116	85	114	89	113	92	115
May 24	87	117	90	115	94	114	97	116
May 31	87	128	91	126	94	125	97	127
June 7	87	118	90	119	94	119	97	121

Source: Chicago Board of Trade.

TABLE A11. Ocean freight rates for wheat (US$/tonne)

	From US Gulf ports to:
Period	EU¹	CIS Black Sea^{1 2}	Egypt¹	Bangladesh¹
Annual (July/June)
2000/2001	13.10	40.97	15.00	18.31
2001/2002	11.00	40.97	15.00	18.50
2002/2003	12.50	40.97	16.67	22.50
2003/2004	28.27	41.89	36.96	48.50
Monthly
2004 – April	42.00	52.00	60.00	70.00
2004 – October	33.00	39.00	44.00	49.00
2004 – November	39.00	45.00	53.00	62.00
2004 – December	40.00	47.00	52.00	86.00
2005 – January	36.00	45.00	50.00	81.00
2005 – February	35.00	42.00	47.00	70.00
2005 – March	38.00	44.00	49.00	80.00
2005 – April	38.00	44.00	48.00	80.00

¹ Size of vessels: EU over 40 000 tonnes; CIS 20 000-40 000 tonnes; Egypt over 30 000 tonnes; Bangladesh over 40 000 tonnes.

² Excludes CIS and the United States flag vessels.

Note: Estimated mid-month rates based on current chartering practices for vessels ready to load three to four weeks ahead.

Source: International Grains Council.

TABLE A12. 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 lb	24.05.05	8.75	8.55	6.38	11.4
Coffee (I.C.O. daily price)	US cents per lb	26.05.05	101.83	103.47	64.44	76.7
Cocoa (I.C.C.O. daily price)	US cents per lb	26.05.05	66.68	69.61	64.97	56.0
Tea (total tea, Mombasa)	US$ per kg	29.04.05	1.44	1.51	1.55	1.5
Cotton (COTLOOK, index “A” 1-3/32")	US cents per lb	06.05.05	56.60	56.65	69.5	78.5
Jute “BWD” f.o.b. Mongla at sight	US$ per Ton	27.05.05	360	360	290	391.2
Wool (64's, London)	Pence per kg	06.05.05	389	390	436	466

¹ EU duty paid, estimated.

² Estimated price for EFTA markets.

TABLE A13. Fertilizer spot price ranges (bulk f.o.b., US$/tonne)

	April 2005	May 2005 ¹	May 2004	Change from last year ² (percentage)
Urea
Baltic	243 - 249	254 - 259	135 - 138	87.9
Persian Gulf	249 - 257	269 - 279	156 - 159	74.0
Ammonium Sulphate
eastern Europe	83 - 87	91 - 95	75 - 79	20.8
Diammonium Phosphate
North Africa	237 - 255	243 - 255	219 - 223	12.7
US Gulf	223 - 225	232 - 236	204 - 205	14.4
Triple Superphosphate
North Africa	176 - 184	174 - 180	167 -172	4.4
US Gulf	201 - 202	201 - 202	176 - 179	13.5
Muriate of Potash
Baltic	137 - 165	139 - 166	92 -105	54.8
Vancouver	143 - 160	143 - 161	108 - 130	27.7

^{1 Up till 30 May 2005.}

² From mid-point of given ranges.

Source: Compiled from Fertilizer Week and Fertilizer Market Bulletin.


Economic and Social Department	About us	Disclaimer	©FAO, 2005

Statistical appendix

TABLE A1. World cereal production (million tonnes)

TABLE A1 (cont.)

TABLE A2. World imports of cereals (million tonnes)

TABLE A2 (cont.)

TABLE A3. World exports of cereals (million tonnes)

TABLE A3. (cont.)

TABLE A4. Cereal supply and utilization in main exporting countries (million tonnes)

TABLE A5. World cereal stocks1(million tonnes)

TABLE A6. Selected export prices of cereals and soybeans (US$/tonne)

TABLE A7. Wheat and maize price indices

TABLE A8. Price indices and selected export prices for rice

TABLE A9. Price indices and selected international prices for oilcrop products

TABLE A10. Wheat and maize future prices ( US$/tonne)

TABLE A11. Ocean freight rates for wheat (US$/tonne)

TABLE A12. Selected international commodity prices

TABLE A13. Fertilizer spot price ranges (bulk f.o.b., US$/tonne)

TABLE A5. World cereal stocks¹(million tonnes)