General Outlook for Grain 08/09 World Consumption up by 30MT (1.8%) to 1,714 MT. Almost entirely due to rise in Ethanol use; set to reach 124 MT. Slight increase in direct food consumption 0.6%. Trade Forecast up 4.1%
Grain Imports by Region PNW’s Geographical Advantage
Wheat Outlook 08/09 World Production: 679 MT 68 MT or 11% above last year’s. 28 MT in EU. 08/09 World consumption: 631 MT. World Stocks: to go up by 19 MT, to 131 MT. US stocks to double, to 16 MT. Shipments by 5 Major Exporters are forecast to increase by 1.8 MT, to 78.4 MT. Shipments by US to fall by 10.1 MT to 24.5 MT due to greater export availabilities in other countries.
Barge Statistics 725 MMT transported each year by barge in the U.S. 65 MMT Grains, 9% of total movement. Over 28,000 barges in the system. Over 60% of America's grain EXPORTS move by barge along the nation's inland waterways. Source: Army Corp of Engineers and the American waterways Association