World Grain - November 2023 - 24

FEATURE: GLOBAL GRAIN TRADE REVIEW
The organization also trimmed its forecast for the
world's barley crop " marginally, " something it said had
the effect of " reinforcing expectations of a year-on-year
decline in 2023. " The recent cutback to the global forecast
is mainly the result of a downgraded production outlook
for Canada, where the dry growing conditions across the
Canadian Prairies have sharply lowered yield prospects,
the FAO explained.
The FAO now puts world cereal utilization in 2023-24
at 2.804 billion tonnes, which it said was still 0.8% (21.8
million tonnes) higher than in 2022-23 despite a 3.1-million-tonne
downward revision in September.
Trade Activity
WHEAT
2022-23
Top exporters:
1. Russia .....................................................46,000
2. European Union ....................................35,069
3. Australia .................................................32,500
4. Canada ...................................................25,746
5. United States .........................................20,647
World Total: ..............................219,899 (+8.4%)
Top importers:
1. China .....................................................13,282
2. Turkey .....................................................12,072
3. European Union ....................................12,025
4. Egypt ......................................................11,221
5. Indonesia .................................................9,446
FLOUR
2022-23 (estimated)
(1,000 tonnes, wheat equivalent)
Top exporters:
1. Turkey .......................................................5.040
2. Kazakhstan ...............................................2,900
3. European Union ...................................... 550
4. Argentina ................................................. 500
5. Egypt ........................................................ 490
World Total: ................................ 14,100 (-1.4%)
Top importers:
1. Afghanistan .............................................2,400
2. Iraq ............................................................2,000
3. Uzbekistan ............................................... 600
4. Yemen ...................................................... 500
5. Syria .......................................................... 480
MAIZE
2022-23
Top exporters:
1. Brazil .......................................................57,000
2. United States .........................................42,293
3. Ukraine ...................................................28,000
4. Argentina ..............................................23,000
5. Russia .......................................................5,800
World Total: ..............................181,662 (-12.0%)
Top importers:
1. European Union ....................................24,500
2. China ......................................................18,500
3. Mexico ...................................................17,500
4. Japan ......................................................15,000
5. South Korea ...........................................11,600
SOYBEANS
Marketing years as indicated (in 1,000 tonnes)
BARLEY
2022-23
Top exporters:
1. Brazil ......................................................95,000
2. United States .........................................54,159
3. Paraguay ..................................................5,800
4. Canada .....................................................4,240
5. Argentina .................................................4,000
World Total: ............................170,084 (+10.5%)
Top importers:
1. China ....................................................102,000
2. European Union ....................................13,600
3. Argentina .................................................9,200
4. Mexico .....................................................6,400
5. Japan ........................................................3,500
SOYBEAN MEAL
2022-23
Top exporters:
1. Brazil .......................................................21,500
2. Argentina ...............................................21,100
3. United States .........................................13,063
4. India ..........................................................1,800
5. Paraguay ..................................................1,700
5. Bolivia ......................................................1,700
World Total: ................................. 66,730 (-3.0%)
Top importers:
1. European Union ....................................16,000
2. Indonesia .................................................5,400
3. Vietnam ....................................................5,000
4. Thailand ...................................................3,250
5. Philippines ...............................................2,600
RICE
2022-23
Top exporters:
1. India ........................................................21,000
2. Thailand ...................................................8,500
3. Vietnam ....................................................8,000
4. Pakistan ....................................................3,700
5. United States ...........................................2,042
World Total: ................................. 54,303 (-4.5%)
Top importers:
1. China ........................................................4,384
2. Philippines ...............................................3,750
3. European Union ......................................2,500
4. Iraq ............................................................2,100
5. Indonesia .................................................2,000
2022-23
Top exporters:
1. Australia ...................................................7,500
2. European Union ......................................6,668
3. Russia .......................................................4,500
4. Canada .....................................................3,150
5. Ukraine .....................................................2,646
World Total: .................................. 29,979 (-7.5%)
Top importers:
1. China ........................................................8,000
2. Saudi Arabia ............................................4,100
3. Iran ............................................................2,200
4. Turkey .......................................................2,141
5. European Union .....................................2,022
SORGHUM
2022-23
Top exporters:
1. United States ...........................................2,794
2. Australia ...................................................2,300
3. Argentina .................................................1,200
4. Ukraine .......................................................... 70
5. Nigeria .......................................................... 50
5. India ............................................................... 50
World Total: .................................. 6,609 (-43.7%)
Top importers:
1. China .......................................................5,000
2. Mexico ........................................................300
3. Japan ...........................................................250
4. Kenya ...........................................................107
5. Sudan ..........................................................100
RAPESEED
2022-23
Top exporters:
1. Canada .....................................................7,954
2. Australia ...................................................6,700
3. Ukraine .....................................................3,421
4. Russia ..........................................................700
5. European Union .........................................549
World Total: ...............................20,134 (+33.1%)
Top importers:
1. European Union ......................................6,839
2. China ........................................................5,100
3. Japan ........................................................1,900
4. Mexico .....................................................1,300
5. United Arab Emirates.............................1,150
Source: International Grains Council, London; US Department of Agriculture's Foreign Agricultural Service, Washington, DC
24
November 2023 / World Grain / World-Grain.com
http://www.World-Grain.com
World Grain - November 2023

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