June 2008  
 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

THE FAO PRICE INDEX

Announcement

Statistical appendix

Table A1 – Cereal statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2007 2008 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2008 2009
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 933.8 940.0 116.5 122.5 45.0 38.4 1 004.4 1 019.3 258.6 262.8
Bangladesh28.931.03.22.8--32.433.44.95.3
China392.4397.09.09.25.95.4390.7397.4158.3161.5
India207.2207.21.91.14.84.4199.8203.033.934.7
Indonesia48.448.76.46.70.10.155.155.76.66.3
Iran, Islamic Republic of21.919.14.06.60.4-26.325.82.62.6
Iraq3.72.54.05.00.1-7.97.72.42.1
Japan9.08.826.026.10.70.734.634.24.34.1
Kazakhstan20.016.70.10.19.46.210.710.63.03.0
Korea, Republic of4.85.011.512.70.20.217.117.42.32.3
Myanmar20.021.00.1-0.50.619.720.25.15.4
Pakistan31.731.21.52.04.53.528.629.03.34.1
Philippines17.618.04.84.4--22.122.63.23.0
Saudi Arabia2.92.78.99.6--12.412.73.22.8
Thailand24.425.51.51.510.39.416.617.23.64.0
Turkey29.432.62.93.01.00.933.934.63.83.9
Viet Nam27.528.11.92.04.14.225.826.05.75.5
AFRICA 134.6 144.1 56.3 55.6 5.6 6.1 192.2 194.9 28.6 27.2
Algeria4.43.96.57.0--11.311.54.64.0
Egypt19.820.912.512.60.80.832.232.53.63.7
Ethiopia15.514.60.30.20.30.215.515.01.91.7
Morocco2.56.36.55.20.10.110.611.22.42.7
Nigeria25.726.75.05.00.50.331.431.60.90.8
South Africa9.713.53.32.90.71.813.813.81.52.1
Sudan5.35.91.41.40.20.36.97.22.72.6
CENTRAL AMERICA 40.1 41.9 25.2 24.2 0.7 0.7 64.3 65.4 5.0 4.6
Mexico34.235.915.514.30.50.548.849.73.32.9
SOUTH AMERICA 130.9 136.9 23.7 22.2 41.4 38.0 111.4 117.2 9.7 14.2
Argentina42.741.3--25.824.614.215.22.23.7
Brazil65.572.89.58.312.210.763.367.82.45.6
Chile3.63.72.42.40.10.15.96.00.90.9
Colombia3.53.64.64.60.10.18.18.21.11.0
Peru 3.43.53.23.2--6.76.91.00.9
Venezuela3.63.62.22.10.10.15.85.60.50.6
NORTH AMERICA 462.1 447.7 7.8 7.8 127.9 104.4 344.5 356.3 55.2 46.8
Canada48.050.52.72.620.220.031.431.18.59.8
United States of America414.1397.25.15.1107.784.4313.0325.246.736.9
EUROPE 387.5 440.6 31.5 18.4 31.7 43.7 395.2 404.8 45.6 56.1
European Union 259.6296.925.713.215.518.8276.0282.530.138.9
Russian Federation80.382.10.70.812.314.368.568.68.68.6
Serbia5.97.81.11.10.30.37.78.60.50.5
Ukraine27.638.00.20.13.510.324.426.34.25.8
OCEANIA 22.9 40.8 1.2 1.1 9.7 20.5 15.2 17.9 6.0 9.7
Australia22.139.90.20.19.720.513.316.05.79.4
WORLD 2 111.9 2 191.9 262.1 251.8 261.9 251.8 2 127.2 2 176.0 408.8 421.3
Developing countries1 187.41 210.3185.9189.481.974.51 293.61 318.9289.5296.0
Developed countries924.4981.676.262.3180.1177.3833.7857.1119.3125.4
LIFDCs900.8914.082.782.422.019.3958.4973.9244.1247.4
LDCs129.3133.219.118.94.94.8144.8147.725.425.2
NFIDCs71.975.440.340.15.74.8108.9110.415.315.7

 

Table A2 – Wheat statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2007 2008 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2008 2009
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 280.5 278.8 45.2 48.9 16.8 11.6 307.7 310.7 93.1 98.3
Bangladesh0.81.22.12.1--3.23.30.90.9
China106.0107.61.81.82.42.0102.2103.754.458.2
of which Taiwan Prov. Province--1.21.2--1.11.20.40.4
India75.876.81.81.00.50.575.276.316.417.4
Indonesia--5.25.5--5.15.32.32.5
Iran, Islamic Republic of15.013.00.22.00.4-15.515.12.12.0
Iraq2.31.53.03.8--5.75.72.32.0
Japan0.90.85.55.70.40.46.16.00.80.8
Kazakhstan16.514.0--8.56.08.08.02.52.5
Korea, Republic of--3.03.50.1-3.23.40.30.3
Pakistan22.522.01.52.02.00.722.022.42.33.2
Philippines--2.42.4--2.52.60.40.2
Saudi Arabia2.52.30.10.2--2.62.61.11.0
Thailand--1.21.2--1.11.10.20.2
Turkey17.319.01.71.80.90.819.519.80.81.0
AFRICA 20.1 22.7 29.9 29.7 0.9 0.7 51.9 52.9 13.1 12.2
Algeria2.92.64.04.5--7.67.63.42.8
Egypt7.48.27.57.5--15.515.62.42.5
Ethiopia3.43.50.20.20.10.13.43.70.40.5
Morocco1.64.24.03.00.10.16.56.91.61.8
Nigeria0.10.13.03.00.30.13.13.00.20.2
South Africa1.91.81.31.30.20.23.03.00.40.4
Tunisia1.40.91.61.70.20.22.62.71.31.1
CENTRAL AMERICA 3.4 3.8 7.2 6.9 0.6 0.6 10.0 10.1 1.1 1.0
Cuba--0.80.8--0.80.8--
Mexico3.43.83.53.20.50.56.46.50.70.6
SOUTH AMERICA 22.4 22.2 13.7 13.4 11.2 9.3 25.0 25.5 2.2 2.9
Argentina15.414.6--10.08.65.15.30.20.9
Brazil4.14.67.16.80.70.210.610.90.60.8
Chile1.31.41.01.0--2.32.40.30.3
Colombia--1.41.40.10.11.41.40.10.1
Peru 0.20.21.71.7--1.91.90.10.1
Venezuela--1.61.6--1.71.50.30.3
NORTH AMERICA 76.3 91.0 2.0 2.0 50.5 42.2 35.8 42.4 10.9 19.3
Canada20.125.9--15.016.27.47.84.36.2
United States of America56.265.12.02.035.526.028.434.66.613.1
EUROPE 189.0 213.2 9.8 9.0 22.5 31.1 180.3 184.6 19.7 26.2
European Union 120.7138.66.76.010.013.0121.4126.19.515.0
Russian Federation49.450.00.30.311.012.038.738.36.56.5
Ukraine13.718.9--1.46.011.711.92.53.5
OCEANIA 13.4 26.3 0.6 0.6 7.5 15.0 7.4 8.6 4.4 7.7
Australia13.126.0--7.515.06.47.64.27.5
WORLD 605.1 658.0 108.5 110.5 110.0 110.5 618.1 634.8 144.5 167.6
Developing countries296.3299.884.687.720.415.6362.1367.1102.7107.5
Developed countries308.7358.223.822.789.694.9256.0267.741.860.1
LIFDCs243.2248.047.947.96.13.8283.8287.492.297.1
LDCs10.711.110.510.90.20.121.822.34.44.2
NFIDCs33.435.823.022.42.31.055.556.59.710.4

 

Table A3 - Coarse grains statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2007 2008 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2008 2009
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 257.9 257.4 58.3 60.4 5.8 3.4 311.0 315.9 65.9 63.9
China159.3160.16.26.52.02.0161.8165.547.446.3
of which Taiwan Prov. Province0.10.14.54.5--4.74.60.50.5
India35.734.40.10.12.00.434.034.11.51.3
Indonesia12.412.00.70.70.10.113.013.11.71.2
Iran, Islamic Republic of5.14.32.93.5--8.07.80.30.3
Japan0.20.219.819.7--20.120.02.12.0
Korea, D.P.R.1.52.10.70.1--2.22.30.20.2
Korea, Republic of0.30.48.28.9--9.19.21.21.2
Malaysia0.10.12.52.6--2.72.70.30.3
Pakistan3.73.7----3.73.70.70.7
Philippines6.76.50.30.3--6.86.91.01.0
Saudi Arabia0.40.47.98.3--8.88.92.01.8
Thailand3.94.20.20.20.10.14.04.20.10.1
Turkey11.713.21.01.00.10.113.814.23.02.9
Viet Nam3.63.70.70.7--4.44.41.01.0
AFRICA 99.8 106.2 17.0 16.1 3.9 4.6 116.5 117.8 13.1 12.7
Algeria1.51.32.52.5--3.73.81.21.2
Egypt7.98.15.05.0--13.013.10.40.4
Ethiopia12.111.1--0.20.212.111.21.61.2
Kenya3.02.60.40.8--3.63.60.20.1
Morocco0.92.12.52.2--4.14.20.80.9
Nigeria23.324.30.10.10.20.224.024.30.50.5
South Africa7.811.71.20.70.51.610.010.01.01.6
Sudan4.75.30.20.20.20.35.05.31.41.5
Tanzania, the U.R. of4.04.10.3-0.20.24.04.11.00.8
CENTRAL AMERICA 35.0 36.4 15.8 14.9 0.1 0.1 50.4 51.3 3.4 3.0
Mexico30.631.911.510.5--41.742.52.62.3
SOUTH AMERICA 93.9 98.8 8.8 7.8 28.2 26.7 71.6 76.7 6.5 10.3
Argentina26.625.9--15.315.58.89.61.92.7
Brazil53.960.11.60.811.310.244.048.21.64.7
Chile2.22.21.31.30.10.13.43.50.60.6
Colombia1.81.83.13.10.10.14.84.90.80.7
Peru 1.61.61.41.4--3.03.10.60.5
Venezuela2.92.90.60.5--3.53.40.20.2
NORTH AMERICA 379.5 350.4 4.8 4.7 73.9 59.1 304.3 309.5 43.6 26.8
Canada28.024.62.42.35.23.823.723.04.13.6
United States of America351.5325.82.42.468.755.3280.5286.539.423.2
EUROPE 196.1 224.9 19.9 7.6 9.0 12.4 210.9 216.2 25.4 29.3
European Union 137.0156.517.75.85.35.6151.6153.520.023.3
Russian Federation30.431.60.30.31.32.329.229.72.12.1
Serbia4.46.00.50.50.30.35.36.30.40.4
Ukraine13.819.1--2.14.312.514.21.72.3
OCEANIA 9.4 14.5 0.1 0.1 2.2 5.3 7.4 8.9 1.5 1.9
Australia8.913.9--2.25.36.78.21.51.9
WORLD 1 071.6 1 088.6 124.7 111.5 123.0 111.5 1 072.0 1 096.3 159.4 148.0
Developing countries473.2482.277.176.836.633.0513.0525.484.885.4
Developed countries598.4606.447.634.786.478.5559.0570.974.562.6
LIFDCs327.2329.019.018.77.75.6338.5344.166.063.7
LDCs55.756.12.31.83.43.154.855.48.78.1
NFIDCs22.623.414.915.10.10.138.438.73.63.4

 

Table A4 - Maize statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2007 2008 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2008 2009
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 207.2 207.3 44.8 45.3 4.7 3.1 246.2 250.8 56.6 54.9
China148.0149.04.74.62.02.0148.7152.545.544.4
of which Taiwan Prov. Province--4.34.3--4.54.40.50.5
India16.815.40.10.12.00.415.115.21.21.0
Indonesia12.412.00.70.70.10.113.013.11.71.2
Iran, Islamic Republic of1.71.52.52.5--4.14.00.20.2
Japan--16.616.6--16.616.61.31.3
Korea, D.P.R.1.32.00.70.1--2.02.10.20.2
Korea, Republic of0.10.18.18.8--8.78.81.11.1
Malaysia0.10.12.52.6--2.72.70.30.3
Pakistan3.23.2----3.23.20.70.7
Philippines6.76.50.30.3--6.86.91.01.0
Thailand3.63.90.20.20.10.13.73.90.10.1
Turkey3.73.80.70.8--4.84.60.40.4
Viet Nam3.63.70.70.7--4.44.41.01.0
AFRICA 49.5 53.8 14.2 13.6 2.8 3.6 62.8 63.4 6.6 6.7
Algeria--2.42.4--2.42.40.30.3
Egypt7.07.15.05.0--12.012.10.40.4
Ethiopia4.64.0--0.10.14.54.00.50.4
Kenya2.92.50.40.8--3.43.40.20.1
Morocco0.10.21.51.5--1.61.70.30.3
Nigeria6.77.00.10.10.10.16.97.00.30.3
South Africa7.311.21.00.60.51.59.49.40.91.5
Tanzania, the U.R. of3.13.20.3-0.20.23.13.10.70.6
CENTRAL AMERICA 27.6 29.0 13.7 12.8 0.1 0.1 41.0 41.8 2.9 2.6
Mexico23.625.09.58.5--32.833.52.22.0
SOUTH AMERICA 84.4 88.7 7.7 6.8 26.5 24.6 63.1 67.7 5.4 9.0
Argentina21.820.6--14.013.95.76.01.32.0
Brazil51.857.81.30.511.010.041.745.81.54.5
Chile1.61.61.21.20.10.12.72.70.50.5
Colombia1.71.72.82.80.10.14.44.50.80.7
Peru 1.41.41.31.3--2.72.80.60.5
Venezuela2.42.40.60.5--2.92.90.20.2
NORTH AMERICA 343.7 317.8 2.7 2.5 61.4 50.8 279.7 284.5 38.2 20.5
Canada11.69.92.32.20.50.312.912.41.71.1
United States of America332.1308.00.40.360.950.5266.8272.236.519.4
EUROPE 64.9 82.5 13.6 3.9 1.8 2.7 80.2 84.2 9.6 9.2
European Union 47.560.212.22.80.50.261.763.37.57.0
Russian Federation3.94.00.10.10.10.13.94.00.80.8
Serbia4.05.60.50.50.30.34.95.80.30.3
Ukraine5.87.5--1.02.24.85.30.50.5
OCEANIA 0.4 0.5 - - - - 0.5 0.5 0.1 0.1
WORLD 777.8 779.6 96.8 85.0 97.4 85.0 773.4 793.0 119.4 103.0
Developing countries359.8366.061.460.033.630.0384.2394.869.070.2
Developed countries418.0413.635.325.063.855.0389.2398.250.432.8
LIFDCs239.1239.515.114.76.44.6245.8251.457.255.1
LDCs26.426.21.81.32.52.325.425.64.64.2
NFIDCs18.518.512.613.00.10.131.431.62.62.5

 

Table A5 - Barley statistics (million tonnes)

Top
  Production Imports Exports Total Utilization Stocks ending in
  2007 2008 2007/08 2008/09 2007/08 2008/09 2007/08 2008/09 2008 2009
  estim. f’cast estim. f’cast estim. f’cast estim. f’cast estim. f’cast
ASIA 22.4 21.8 11.3 12.9 1.0 0.2 34.2 34.7 7.6 7.3
China3.93.81.41.8--5.45.51.01.0
India1.31.3----1.31.3--
Iran, Islamic Republic of RepubRepubliof)ndonesia3.52.80.41.0--4.03.80.10.1
Iraq1.10.50.20.10.1-1.00.6--
Japan0.20.21.41.5--1.71.70.60.5
Kazakhstan2.41.70.10.10.80.11.71.70.50.5
Saudi Arabia0.10.16.06.5--6.66.81.91.7
Syria0.70.70.50.7--1.21.40.70.8
Turkey7.48.80.20.10.10.18.49.02.52.4
AFRICA 5.1 5.4 2.0 1.8 - - 7.4 7.4 2.1 1.9
Algeria1.41.20.10.1--1.31.30.90.9
Ethiopia1.91.4----1.71.60.30.1
Libya0.10.10.40.4--0.50.4--
Morocco0.81.91.00.7--2.42.50.50.6
Tunisia0.50.30.50.6--1.11.10.30.1
CENTRAL AMERICA 0.8 0.8 0.3 0.3 - - 1.0 1.0 0.1 0.1
Mexico0.80.80.30.3--1.01.00.10.1
SOUTH AMERICA 2.5 2.4 0.7 0.6 0.7 0.7 2.4 2.4 0.4 0.4
Argentina1.51.4--0.60.60.70.80.30.3
NORTH AMERICA 15.6 15.4 0.1 0.3 3.2 2.5 12.9 12.5 2.4 2.9
Canada11.010.4--2.52.08.48.21.31.2
United States of America4.65.00.10.30.70.54.54.31.11.7
EUROPE 82.9 92.9 0.9 0.6 6.6 8.8 78.0 81.6 10.6 13.7
Belarus1.91.8----1.91.80.20.2
European Union 57.762.00.30.24.54.853.754.98.5