FAO/GIEWS - Food Outlook No.4, September1998

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BASIC FACTS OF THE WORLD CEREAL SITUATION


1994/95 1995/96 1996/97 1997/98 1998/99
forecast
Change 1998/99
over 1997/98
WORLD PRODUCTION 1/ (. . . . . million tonnes . . . . . ) (.percentage )
Wheat 528 548 590 615 606 -1.3
Coarse grains 892 812 923 908 907 -0.1
Rice, milled 362 369 383 388 379 -2.4
(paddy) (540) (550) (571) (578) (566) -2.4
All cereals (including milled rice) 1 782 1 729 1 895 1 911 1 892 -1.0
Developing countries 931 960 1 026 1 007 1 021 1.5
Developed countries 851 769 869 904 871 -3.7
WORLD IMPORTS 2/

Wheat 94 94 97 96 91 -5.8
Coarse grains 89 93 88 87 89 1.4
Rice (milled) 21 20 19 24 20 -15.4
All cereals 203 207 204 207 199 -3.9
Developing countries 146 151 147 155 147 -5.0
Developed countries 58 56 56 52 52 -0.6
FOOD AID IN CEREALS 3/ 9.4 7.8 5.3 5.5 8.0 4/ -15.4
WORLD UTILIZATION

Wheat 557 565 579 596 604 1.3
Coarse grains 883 862 893 898 900 0.3
Rice (milled) 368 372 380 384 386 0.7
All cereals 1 808 1 799 1 852 1 877 1 890 0.7
Developing countries 1 052 1 080 1 109 1 113 1 129 1.5
Developed countries 756 718 743 764 761 -0.4
Per Caput Food Use ( . . . . . kg/year . . . . . . .)
Developing countries 170 170 172 171 172 0.3
Developed countries 127 128 128 129 129 0.0
WORLD STOCKS 5/ ( . . . . . . . million tonnes . . . . . . . )
Wheat 117 104 113 134 136 1.5
Coarse grains 146 103 130 134 139 3.7
Rice (milled) 54 52 56 57 53 -7.0
All cereals 317 259 299 329 330 0.4
Developing countries 157 154 173 162 153 -5.2
Developed countries 160 105 127 167 177 5.7
Stocks as % of world ( . . . . . . . .. percentage . . . . . . . .)
cereal consumption 17.6 14.0 15.9 17.4 17.3
EXPORT PRICES 3/ ( . . . . . . . U.S.$/tonne . . . . . . .)
Rice (Thai, 100%, 2nd grade) 1/ 289 336 352 316 323 6/ -3.6 7/
Wheat (U.S. No.2 Hard Winter) 157 216 181 142 116 8/ -20.6 7/
Maize (U.S. No.2 Yellow) 104 159 135 112 94 8/ -14.2 7/
OCEAN FREIGHT RATES 3/





From U.S. Gulf to Egypt 19.0 16.8 12.8 11.7 8.0 8/ -44.3 7/
LOW-INCOME FOOD-DEFICIT COUNTRIES 9/ ( . . . . . . million tonnes . . . . . . . .)
Roots & tubers production 1/ 344 360 379 371 371 0.0
Cereal production 1/ 861 887 952 934 943 1.0
Per caput production (kg.) 249 252 266 257 256 -0.5
Cereal imports 2/ 71.9 77.0 65.1 73.5 64.4 -12.3
of which: Food aid 3/ 7.9 6.5 4.4 4.8 7.2 50.0
Proportion of cereal import ( . . . . . . . percentage . . . . . . .)
covered by food aid 11.0 8.4 6.8 6.5 11.2


SOURCE: FAO
Note: Totals and percentages computed from unrounded data.
1/ Data refer to the calendar year of the first year shown.
2/ July/June except for rice for which the data refer to the calendar year of the second year shown.
3/ July/June.
4/ Forecast based on donors’ budgetary allocations and their minimum contributions under the Food Aid Convention (FAC) 1995.
5/ Stock data are based on aggregate of national carryover levels at the end of national crop years.
6/ Average of quotations for January-August 1998.
7/ Change from corresponding period of previous year for which figures are not shown.
8/ Average of quotations for July-August 1998.
9/ Food deficit countries with per caput income below the level used by the World Bank to determine eligibility for IDA assistance (i.e. U.S.$ 1 505 in 1996), which in accordance with the guidelines and criteria agreed to by the CFA should be given priority in the allocations of food aid.


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