Global Coarse Grain Use Prospects Little Changed, Ending Stocks Lower
22 February 2012
GLOBAL - World coarse grain use in 2011/12 is projected to reach 1,149.9 million tons, up 0.3 million this month. Global corn use is forecast down 0.4 million tons to 867.6 million, but barley is up 0.6 million to 136.8 million.
Canada’s corn use is projected down 0.4 million tons to 11.1 million as a stocks report verifies reduced use during the early months of 2011/12, and meat production prospects are sluggish.
However, corn use is projected higher for Argentina, up 0.3 million tons due to expanding poultry production; for Ukraine, up 0.25 million tons due to increased feed prospects; for Chile, up 0.1 million tons as less sorghum is expected to be imported; and for Kazakhstan, up slightly based on increased production. Global local marketing year imports increase more than exports this month, trimming world corn disappearance.
Further Reading
 |
- | You can view the full report by clicking here. |
February 2012
TheCropSite News Desk
CME: Corn Futures Closed Higher Thursday
18 May 2012
Nitrogen Applications for the 2012 Corn Crop
18 May 2012Maize 'Perfumes' Attract Beneficial Bugs
18 May 2012CME: Corn Futures Closed Higher Wednesday
17 May 2012
Farmers Advised to Get Head-Start on NVZ Appeals
18 May 2012
UK Farmers Challenge GM Trial on Newsnight
17 May 2012Herbicide Injury to Corn Increases
17 May 2012Danish Support for a Greener Agricultural Policy
17 May 2012
© 2000 - 2012. 5m Publishing, Benchmark House, 8 Smithy Wood Drive, Sheffield, S35 1QN, England. - A Benchmark Holdings Ltd. Company