November 2007  
 Food Outlook
  Global Market Analysis

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MARKET SUMMARIES

CEREALS

WHEAT

COARSE GRAINS

RICE

OILSEEDS, OILS AND MEALS

SUGAR

MEAT AND MEAT PRODUCTS

MILK AND MILK PRODUCTS

FISH AND FISHERY PRODUCTS

FERTILIZERS

OCEAN FREIGHT RATES

Special features

Statistical appendix

Market indicators and food import bills

Announcement

Statistical appendix

Table A1 – Cereal statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2006 2007 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2007 2008
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 911.1 925.5 124.2 117.1 46.5 44.4 982.5 992.5 253.7 259.7
Bangladesh28.228.23.23.8--31.832.33.63.2
China387.4394.49.310.17.76.2382.2389.1156.0165.1
India194.2202.76.82.14.94.7193.1197.328.731.5
Indonesia45.947.29.06.60.10.153.554.05.65.7
Iran, Islamic Republic of21.722.34.64.0-0.426.226.83.22.3
Iraq2.72.64.24.40.20.27.57.92.31.3
Japan8.88.326.226.10.60.634.634.24.44.1
Kazakhstan16.416.00.10.18.89.09.28.13.02.0
Korea, Republic of5.14.912.912.70.20.217.817.83.12.5
Myanmar20.621.0--0.60.719.319.64.95.6
Pakistan31.031.00.40.93.54.127.827.63.23.5
Philippines16.416.05.45.0--21.821.22.72.5
Saudi Arabia2.83.18.38.4--11.912.13.12.5
Thailand24.124.11.51.68.99.316.416.55.75.6
Turkey34.731.53.02.52.21.134.833.65.34.6
Viet Nam27.727.21.31.44.54.824.424.45.85.2
AFRICA 144.7 136.5 53.8 55.3 5.7 6.5 187.4 191.0 36.5 31.3
Algeria4.14.67.36.9--11.311.64.74.9
Egypt20.920.012.112.51.10.831.932.44.13.5
Ethiopia15.515.00.40.20.40.513.614.22.93.3
Morocco9.02.23.96.00.30.111.410.74.01.5
Nigeria27.427.45.25.10.70.731.132.02.32.2
South Africa9.49.22.73.10.71.212.613.02.91.4
Sudan6.66.81.71.30.30.37.07.32.93.4
CENTRAL AMERICA 37.1 39.4 26.3 26.6 0.8 0.7 62.0 65.1 4.4 4.9
Mexico31.733.915.716.50.50.546.749.52.63.2
SOUTH AMERICA 110.5 129.2 23.8 21.3 34.7 35.5 108.3 112.6 10.4 12.1
Argentina33.742.3--26.124.614.615.02.73.4
Brazil55.365.49.67.76.18.360.964.12.74.4
Chile3.53.62.62.00.10.15.65.80.40.4
Colombia3.43.45.34.90.20.28.08.31.21.0
Peru 3.33.32.83.2--6.56.60.90.8
Venezuela3.53.52.11.90.10.15.45.50.60.4
NORTH AMERICA 384.5 468.8 8.5 7.1 111.2 116.9 309.8 343.3 60.4 72.3
Canada48.648.72.52.223.019.332.232.910.59.0
United States of America336.0420.06.04.988.297.6277.6310.449.863.3
EUROPE 402.9 388.4 20.1 22.9 42.4 35.4 395.8 385.4 54.8 43.6
Bulgaria5.3-0.1-1.4-4.3-0.8-
European Union 247.1261.014.116.916.917.3255.4268.934.228.0
Romania15.3-0.5-1.3-16.4-3.0-
Russian Federation Hungary76.576.61.61.812.312.966.565.58.58.5
Serbia8.88.40.10.20.40.38.98.71.00.5
Ukraine34.127.60.30.49.64.525.424.04.43.9
OCEANIA 18.5 21.1 1.1 1.2 14.1 12.1 16.7 15.2 8.0 3.1
Australia17.620.20.10.214.112.114.713.27.62.8
WORLD 2 009.4 2 108.9 257.9 251.5 255.4 251.5 2 062.4 2 105.0 428.0 427.0
Developing countries1 155.71 183.3192.8185.877.175.91 264.11 287.2291.3297.3
Developed countries853.7925.665.065.8178.3175.6798.4817.8136.7129.7
LIFDCs886.0895.886.783.324.422.4934.4949.8240.3247.6
LDCs126.8129.220.020.04.15.2139.0142.925.626.6
NFIDCs78.871.036.238.15.25.2107.9107.917.513.6

 

Table A2 – Wheat statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2006 2007 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2007 2008
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 270.0 278.3 51.0 45.7 16.6 16.4 303.1 304.7 88.4 91.2
Bangladesh0.80.72.32.8--3.43.50.20.2
China104.5107.01.92.21.82.6101.2101.951.856.6
of which Taiwan Prov. Province--1.11.1--1.11.10.40.4
India69.475.06.72.00.30.373.775.214.516.0
Indonesia--5.44.8--5.05.12.01.7
Iran, Islamic Republic of14.515.00.90.2-0.415.415.52.41.7
Iraq1.61.53.03.00.10.15.15.42.01.0
Japan0.80.95.65.60.40.45.96.10.70.8
Kazakhstan13.713.1--8.48.66.85.52.51.5
Korea, Republic of--3.53.50.10.13.53.50.40.3
Pakistan21.722.50.40.90.51.221.722.02.32.5
Philippines--2.82.8--2.82.80.30.3
Saudi Arabia2.42.70.10.1--2.62.70.60.7
Thailand--1.21.2--1.21.10.20.2
Turkey20.518.51.91.82.01.019.619.81.71.2
AFRICA 26.2 20.2 28.4 29.6 1.2 0.9 52.1 52.5 16.3 13.2
Algeria2.73.04.64.3--7.57.73.73.7
Egypt8.37.47.07.5--15.315.63.02.3
Ethiopia3.73.50.30.2--3.33.40.81.1
Morocco6.31.51.83.50.30.17.06.72.60.9
Nigeria0.10.13.53.50.40.43.23.20.60.6
South Africa2.11.70.81.30.20.22.93.00.70.5
Tunisia1.31.51.51.00.10.12.62.61.10.9
CENTRAL AMERICA 3.3 3.4 7.4 7.2 0.7 0.6 9.8 10.0 1.1 1.1
Cuba--0.70.8--0.80.8--
Mexico3.23.43.63.50.50.56.36.40.70.7
SOUTH AMERICA 20.1 22.1 13.7 12.8 11.8 9.5 24.9 25.2 3.0 2.6
Argentina14.615.0--11.39.05.55.41.41.0
Brazil2.54.07.56.5--10.310.60.40.6
Chile1.41.30.90.8--2.32.30.10.1
Colombia--1.31.3-0.11.31.30.10.1
Peru 0.20.21.31.7--1.81.90.10.1
Venezuela--1.91.6--1.81.70.30.2
NORTH AMERICA 74.6 76.9 3.0 1.9 43.9 46.0 39.5 39.5 19.2 13.1
Canada25.320.60.1-19.314.58.68.66.84.7
United States of America49.356.22.91.924.731.530.830.912.48.4
EUROPE 191.3 188.7 10.0 9.7 28.1 24.1 183.5 179.1 24.9 19.7
Bulgaria3.2---1.0-2.4-0.3-
European Union 117.7123.36.76.512.311.3119.6122.813.010.0
Romania5.3-0.3-0.6-6.2-1.5-
Russian Federation Hungary44.946.30.80.810.711.235.635.96.56.5
Ukraine13.913.80.10.23.31.511.512.41.81.9
OCEANIA 10.1 12.4 0.6 0.6 11.4 9.9 8.1 7.6 6.2 1.8
Australia9.812.1--11.49.97.16.75.91.5
WORLD 595.4 602.1 114.1 107.5 113.6 107.5 621.0 618.7 159.2 142.6
Developing countries292.3297.189.884.920.717.8359.2363.5102.2102.5
Developed countries303.1305.024.322.692.989.7261.8255.157.040.1
LIFDCs239.2243.251.048.25.55.5280.7283.289.291.8
LDCs10.410.811.211.60.10.121.522.14.14.3
NFIDCs38.133.419.020.91.01.455.355.711.08.3

 

Table A3 - Coarse grains statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2006 2007 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2007 2008
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 252.9 257.3 59.3 56.9 6.2 3.7 304.2 309.6 65.4 66.3
China156.7160.36.36.74.52.0156.7162.645.647.9
of which Taiwan Prov. Province0.10.14.74.7--4.84.70.60.5
India32.134.40.1-0.20.432.433.71.21.5
Indonesia11.612.42.10.70.10.113.013.11.61.6
Iran, Islamic Republic of5.25.02.72.9--7.98.10.40.2
Japan0.20.219.919.8--20.420.12.22.0
Korea, D.P.R.2.22.10.10.1--2.32.30.20.2
Korea, Republic of0.40.49.18.9--9.59.61.71.3
Malaysia0.10.12.62.7--2.62.80.30.3
Pakistan3.83.1----3.83.20.70.7
Philippines6.36.30.70.3--6.56.80.90.8
Saudi Arabia0.40.47.27.3--8.28.32.41.8
Thailand4.03.90.10.20.20.13.94.00.10.1
Turkey13.812.70.90.40.20.114.613.23.63.4
Viet Nam3.83.60.10.1--3.83.60.80.8
AFRICA 104.0 101.7 16.0 16.3 3.4 4.8 112.4 115.3 17.7 15.8
Algeria1.41.62.62.5--3.73.81.01.2
Egypt7.98.05.05.0--13.113.10.40.3
Ethiopia11.811.5--0.40.510.210.92.12.2
Kenya3.53.20.20.3--3.73.70.50.3
Morocco2.70.72.12.5--4.34.01.40.6
Nigeria24.824.70.10.10.30.323.724.51.31.3
South Africa7.37.51.11.10.51.09.09.32.20.8
Sudan5.96.00.3-0.30.35.15.31.82.2
Tanzania, U.R. of4.34.3--0.40.44.04.01.51.4
CENTRAL AMERICA 32.2 34.4 16.6 17.1 0.1 0.1 48.2 51.1 2.7 3.3
Mexico28.230.311.512.5--39.642.31.92.5
SOUTH AMERICA 75.5 92.6 8.9 7.4 21.3 24.1 68.4 72.5 5.5 8.5
Argentina18.326.5--14.415.18.89.31.32.3
Brazil45.053.81.30.65.98.041.844.81.53.6
Chile2.02.21.61.10.10.13.23.30.30.2
Colombia1.71.73.73.40.20.24.85.00.90.8
Peru 1.51.51.51.5--2.93.00.60.6
Venezuela3.02.90.10.3--3.13.20.20.2
NORTH AMERICA 303.7 385.6 4.6 4.3 64.0 67.6 266.3 299.3 39.8 58.3
Canada23.328.12.11.93.84.823.324.03.64.2
United States of America280.4357.52.52.460.262.8243.0275.436.254.1
EUROPE 209.3 197.3 8.3 11.3 14.2 11.2 208.2 202.3 29.3 23.4
European Union 127.5135.96.39.14.45.9132.9143.220.717.4
Romania9.9-0.1-0.7-10.1-1.4-
Russian Federation Hungary31.129.90.50.71.61.730.328.92.02.0
Serbia6.97.0--0.30.36.96.80.40.4
Ukraine20.113.70.10.26.33.013.811.52.62.0
OCEANIA 7.7 8.5 0.1 0.1 2.6 2.2 7.9 7.0 1.6 1.3
Australia7.18.0--2.62.27.26.31.61.2
WORLD 985.2 1 077.5 113.8 113.5 111.8 113.5 1 015.5 1 057.1 162.1 176.8
Developing countries452.2473.477.775.230.231.3497.2512.686.090.1
Developed countries533.0604.136.138.381.682.3518.3544.476.086.7
LIFDCs324.0327.919.418.47.96.5327.6337.867.469.5
LDCs55.656.22.51.92.73.751.853.610.110.8
NFIDCs24.721.914.514.50.10.138.237.64.73.4

 

Table A4 - Maize statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2006 2007 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2007 2008
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 202.0 206.5 44.9 43.1 5.5 3.1 238.5 244.3 54.7 56.8
China145.5149.04.64.94.52.0143.7149.243.646.2
of which Taiwan Prov. Province--4.54.5--4.64.50.60.5
India13.615.50.1-0.20.413.814.90.91.2
Indonesia11.612.42.00.70.10.112.913.01.61.6
Iran, Islamic Republic of1.71.62.02.5--3.84.10.10.1
Japan--16.616.6--17.016.61.31.3
Korea, D.P.R.2.02.00.10.1--2.12.10.20.2
Korea, Republic of0.10.19.08.8--9.19.21.61.2
Malaysia0.10.12.62.7--2.62.80.30.3
Pakistan3.32.6----3.22.70.70.7
Philippines6.36.30.70.3--6.56.80.90.8
Thailand3.73.60.10.20.20.13.63.70.10.1
Turkey3.83.70.80.3--4.44.20.60.4
Viet Nam3.83.60.10.1--3.83.60.80.8
AFRICA 49.4 49.3 13.6 13.9 2.0 3.6 59.6 61.4 9.0 7.4
Algeria--2.42.4--2.32.40.30.3
Egypt6.97.05.05.0--12.012.10.40.3
Ethiopia4.34.0--0.10.33.63.80.80.8
Kenya3.23.00.20.3--3.43.40.40.2
Morocco0.10.11.71.5--1.71.70.30.2
Nigeria7.17.00.10.10.10.16.77.00.50.5
South Africa6.97.11.01.00.51.08.48.72.10.7
Tanzania, U.R. of3.43.4--0.40.43.03.01.11.1
CENTRAL AMERICA 25.4 27.4 14.0 14.1 0.1 0.1 38.2 41.2 2.5 2.9
Mexico21.823.88.99.5--30.133.01.72.2
SOUTH AMERICA 66.6 83.1 8.0 6.5 20.1 22.8 59.7 63.3 4.3 7.4
Argentina14.421.8--13.414.05.75.80.51.5
Brazil42.651.71.00.25.98.039.142.21.33.5
Chile1.41.61.41.00.10.12.42.50.20.2
Colombia1.61.63.43.10.20.24.34.60.90.8
Peru 1.31.31.41.4--2.62.70.60.6
Venezuela2.42.40.10.3--2.52.60.20.2
NORTH AMERICA 276.6 348.9 2.3 2.2 56.3 56.7 242.1 273.5 34.5 52.2
Canada9.010.62.01.80.30.211.312.11.31.5
United States of America267.6338.30.30.456.056.5230.7261.433.150.7
EUROPE 76.9 65.8 6.0 8.1 2.9 1.7 81.7 77.2 11.8 6.5
European Union 45.245.65.07.00.30.250.457.37.54.0
Romania8.7---0.6-8.8-1.3-
Russian Federation Hungary3.63.60.20.30.10.13.73.80.80.8
Serbia6.46.6--0.30.36.46.40.40.3
Ukraine6.45.7--1.10.95.54.80.50.5
OCEANIA 0.6 0.4 - - - - 0.6 0.5 0.1 0.1
WORLD 697.5 781.4 88.7 88.0 87.0 88.0 720.4 761.3 116.8 133.2
Developing countries334.7357.661.458.727.328.5367.5381.966.872.2
Developed countries362.8423.827.429.359.759.5352.9379.449.961.0
LIFDCs232.8238.415.514.06.45.1236.8244.856.158.7
LDCs25.125.61.91.71.62.723.724.45.15.2
NFIDCs18.818.112.712.40.10.130.830.73.02.6

 

Table A5 - Barley statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2006 2007 2006/07 2007/08 2006/07 2007/08 2006/07 2007/08 2007 2008
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 23.0 22.6 12.2 11.6 0.6 0.4 35.6 34.9 9.0 7.8
China3.63.91.61.7--5.35.81.10.9
India1.31.3----1.31.3--
Iran, Islamic Republic of RepubRepubliof)ndonesia3.53.50.70.4--4.14.10.30.1
Iraq0.80.80.20.20.10.10.90.90.10.1
Japan0.20.21.61.4--1.71.80.70.6
Kazakhstan1.71.90.10.10.30.31.51.70.50.5
Saudi Arabia0.10.15.85.8--6.56.52.31.7
Syria0.70.70.80.9--1.61.60.80.9
Turkey9.48.40.1-0.20.19.68.42.92.9
AFRICA 6.7 4.9 1.6 1.9 - - 7.6 7.5 2.6 2.0
Algeria1.31.50.10.1--1.31.40.70.9
Ethiopia1.81.8----1.71.80.30.4
Libya0.10.10.30.4--0.40.5--
Morocco2.50.50.41.0--2.52.21.10.4
Tunisia0.40.50.70.4--1.11.00.30.2
CENTRAL AMERICA 0.9 0.9 0.2 0.1 - - 1.1 1.0 0.1 0.1
Mexico0.90.90.20.1--1.11.00.10.1
SOUTH AMERICA 2.3 2.6 0.6 0.5 0.6 0.7 2.3 2.5 0.4 0.4
Argentina1.31.5--0.50.60.70.90.40.3
NORTH AMERICA 13.5 16.4 0.3 0.1 1.7 3.2 14.0 13.9 3.0 2.6
Canada9.611.8--1.32.