 |
| United States Department of Agriculture |
| Foreign Agricultural Service |
Circular Series
FG 0609 |
| June 2009 |
|
Grain:
World Markets and Trade
|

COARSE GRAINS: WORLD MARKETS AND TRADE
PRICES:
Domestic:
U.S. corn export prices averaged $184 per ton in
May, up $12 from April. Concerns over Eastern
Corn Belt weather and crop conditions,
depreciation of the dollar, and renewed interest
from investors in commodity markets have all
caused stronger prices. During the first week of
June, prices averaged $194. Like corn, May
sorghum prices were up $12 from April and up
another $8 during the first week of June.
TRADE CHANGES IN
2009/10
Selected Exporters
- Ukrainian corn
is up 500,000 tons to 3.0 million on
stronger demand from the EU and
Mediterranean countries and prospects for a
larger crop.
TRADE CHANGES IN
2008/09
Selected Exporters
- Russian
and
Ukrainian corn
are both raised to record levels because of
large shipments in recent months: Russian
1.3 million tons (up 300,000), Ukrainian 5.2
million tons (up 700,000). These have been
primarily to Egypt and other North African
and Middle Eastern destinations, normally
key U.S markets.
- Russian barley
is lifted 400,000 tons to 2.8 million based
on stronger-than-expected exports in April
and May.
Return to Table of
Contents
|
|