FEED OUTLOOK January 15, 2002 January 2002 FDS-0102 Approved by the World Agricultural Outlook Board ------------------------------------------------------------------------------- FEED OUTLOOK is issued 11 times a year by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20036-5831. Electronic release only; no published copies are available. FEED OUTLOOK is supplemented by an annual FEED YEARBOOK. The yearbook summary for 2002 will be released on April XX, 2002. Yearbooks are available in print from USDA Order Desk. For the 2001 issue, call 1-800-999-6779 (703-605-6220) and ask for stock #ERS-FDS-2002, $21. ------------------------------------------------------------------------------- The major change this month was a 1.5-million-ton reduction in feed grain production to 261.7 million tons based on the National Agricultural Statistics Services (NASS) annual crop production report. Corn production was lowered 39 million bushels, and sorghum production was lowered 22 million bushels. Corn exports were lowered 75 million bushels due to competition abroad and lower world imports. Strong demand for ethanol and high fructose corn syrup led to a 15-million- bushel increase in corn food, seed, and industrial use. Corn feed and residual use was raised 50 million bushels to 5,850 million. Prices for corn, sorghum, and barley were unchanged this month. The oats price was raised 10 cents on both ends to $1.40-$1.50. The tight oats supply has not only increased prices but attracted more imports, which were raised 10 million bushels. Forecast coarse grain trade was down 1 million tons this month. Small reductions were made to import forecasts for Turkey, Algeria, Morocco, Egypt, and Venezuela. World coarse grain trade in 2001/02 was forecast down more than 3 million tons from the previous year. FEED GRAIN SUPPLY LOWERED MORE THAN 1 MILLION TONS U.S. feed grain production for 2001/02 was estimated at 261.7 million tons, down 1.5 million from a month ago and 11.2 million from last year. The decrease in production was partially offset by a 0.2-million ton increase in imports caused by greater oats imports. Total feed grain supply was projected at 316.9 million tons, down slightly from last month and down more than 2 percent from 2000/01. Total feed grain use was lowered 700,000 tons to 273.6 million. This month-to- month change was caused by reductions in corn and sorghum use. FEED AND RESIDUAL UP FROM 2000/01 On a September-August marketing year basis, feed and residual for the four major feed grains plus feed wheat was forecast at 165.3 million tons, up from 164.4 last month and the revised 164.8 million for last year. The projected index of grain consuming animal units (GCAU) for 2001/02 was 89.4 million units, up slightly from last month. Feed and residual used per GCAU in 2001/02 was forecast at 1.85 million tons, virtually identical to a year earlier. In the index components for 2001/02, year-to-year reductions for dairy and beef GCAU were offset by an increase in poultry and eggs. Pork GCAU were virtually unchanged from last year. Cattle on feed on December 1, 2001, are projected at 11.9 million head, down slightly from a year earlier. Total beef production in calendar year 2002 was raised fractionally to 25.4 billion pounds, but still down nearly 3 percent from a year earlier. Dairy cow numbers are expected to be slightly lower than a year earlier, but 2002 milk production was projected at 169.4 billion pounds, up more than 2 percent from last year. Production of broilers, turkeys, and eggs are expected to increase in 2002. Broiler production for 2002 was forecast at 31.9 billion pounds, up nearly 3 percent from 2001. Turkey production was expected to increase 1 percent and egg production was projected to increase nearly 2 percent from last year. Pork production was raised slightly to 19.2 billion pounds, virtually unchanged from 2001. In early December, hog farmers indicated that they intended to increase the number of sows farrowing from December 2001 to May 2002 by 2 percent relative to the prior year. 2001/02 CORN PRODUCTION REVISED DOWN Corn production was lowered 39 million bushels to 9,507 million, 4 percent lower than last years near record. The reduction from the previous forecast was based on lower area, which was partially offset by a slight increase in yield. Harvested area was lowered nearly 400,000 acres to 68.8 million the lowest since 1995/96. Corn yield was projected at 138.2 bushels/acre, up 1 percent from 2000/01 and the second largest on record. Reduced production lowered total corn supply 38 million bushels to 11,416 million, 2 percent lower than a year earlier. NASS also slightly lowered 2000/01 corn production to 9,915 million bushels. This was caused by fractional reductions in harvested area and yield. The 2000/01 harvested area and corn yield are now projected at 72.4 million acres and 136.9 bushels/acre, respectively. 2001/02 CORN STOCKS LOWERED TO 1,546 MILLION BUSHELS Total corn use was lowered 10 million bushels to 9,870 million but was 1 percent larger than last years revised estimate. This month-to-month decrease was caused by a 75-million-bushel reduction in exports, which was partially offset by modest increases in feed and residual use and food, seed, and industrial use (FSI). Increased international competition and declining world imports caused the reduced export projection, now at 1,975 million bushels. Corn feed and residual use was projected at 5,850 million bushels and FSI use at a record 2,045 million. Due to the reduced corn production, ending stocks were lowered 28 million bushels to 1,546 million, the lowest since 1997/98. The stocks-to-use ratio was lowered slightly to 15.7 percent, significantly lower than the 19.5 percent from 2000/01. The 2001/02 corn season-average farm price remains projected at $1.85- $2.15, compared with last years $1.85. CORN FOOD, SEED, AND INDUSTRIAL USE CONTINUES TO RISE Following a long-term growth pattern, corn FSI use was projected at 2,045 million bushels, up 4 percent from last year. In 2001/02, FSI use would represent 21 percent of total corn use, fractionally larger than last year. FSI use was up for every use category except glucose and dextrose, which was down only fractionally. The major factor in this year-to-year increase in FSI was fuel ethanol, which was up nearly 10 percent from 2000/01. Given monthly ethanol production from the Department of Energy, the Economic Research Service estimates that corn used to make ethanol in September-November 2001 totaled 165.5 million bushels, 16 percent larger than the same period last year. For the 2001/02 marketing year, corn used for ethanol production was projected at 690 million bushels, more than 60 million larger than in 2000/01. Corn used for high fructose corn syrup (HFCS) production in September-November 2001 was up 1 percent from the same period a year earlier. For the 2001/02 marketing year, corn used to produce HFCS was projected at 548 million bushels, 2 percent larger than 2000/01. Corn used to produce glucose and dextrose in September-November 2001 was down fractionally from a year earlier. For 2001/02, corn used for glucose and dextrose was projected at 220 million bushels, only fractionally lower than 2000/01. Corn used for starch production in 2001/02 was projected at 250 million bushels, up 1 percent from last year. SORGHUM PRODUCTION LOWERED TO 515 MILLION BUSHELS Sorghum production was lowered 22 million bushels to 515 million but still 9 percent larger than last year. This monthly decline was caused by a drop in both harvested area and yields. Harvested area was lowered more than 190,000 acres to 8.6 million acres and yield was lowered 2 percent to 59.9 bushels per acre. The production change lowered total supply to 556 million bushels. On the use side, exports were raised 20 million bushels to 260 million largely due to strong demand in Mexico. However, the December 1 stocks report indicates that feed and residual use in the September-November quarter was less than expected. This, along with reduced supplies and higher exports resulted in a 40- million-bushel reduction in feed and residual use to 200 million. FSI remains projected at 45 million bushels. Total use was lowered 20 million bushels to 505 million, but still up 2 percent from 2000/01. Reduced production lowered sorghum ending stocks to 51 million bushels, and the stocks-to-use ratio was virtually unchanged at 10.2 percent. The season- average farm price remains projected at $1.85-$2.15. OATS PRICES RAISED TO $1.40-$1.50 A 10 million bushel increase in imports was the only change made to the oats supply. Oats imports are now projected at 100 million bushels, and total supply was projected at 290 million. On the use side, oats FSI was increased fractionally to 70 million bushels. Total use is now projected at 227 million bushels and ending stocks were projected at 62 million. Due to strong consumer demand and farmer prices received to date, the oats price was raised 10 cents on both ends to $1.40-$1.50. There were no changes made to the barley supply and demand this month. Total barley supply was projected at 381 million bushels, down 17 percent from last year. Total use was projected at 297 million bushels, down 16 percent from last year. The barley season-average farm price was projected at $2.15-$2.35, somewhat higher than last years $2.11. HAY STOCKS INCREASE, PRICES STRONGER Stocks of all hay on farms December 1, 2001, were up 5 percent from 2000's revised 106 million tons. Stock decreases occurred in 27 of the 48 contiguous States, but these were more than offset by increases in 20 States. The increases in stocks ranged from 5 percent in Texas to 164 percent in Louisiana. Roughage consuming animal units (RCAU) in 2001/02 are estimated to be 72.0 million, down slightly from 2000/01's 72.5 million. Hay stocks are 1.53 tons per RCAU, up from 1.46 tons last year. Hay production in 2001 totaled 157 million tons, up 3 percent from the 2000 total. Acreage of all hay was up 6 percent from the 60 million acres harvested in 2000, but yields, at 2.47 tons per acre, are down from 2.54 tons in 2000. Production of alfalfa and alfalfa hay mixtures in 2001 was down 81,000 tons from 2000's 80.3 million tons. Acreage was up 3 percent but yields were down 3 percent. During 2001, the number of acres of new seedings to alfalfa and alfalfa mixtures was up 6 percent from the 3.1 million acres seeded in 2000. Other hay production was up 7 percent from 2000's 72 million tons. Other hay was harvested on nearly 40 million acres, up 8 percent from 2000. Average yields in 2001 were 1.93 tons per acre, compared with 1.95 a year earlier. Corn for silage in 2001 was up 196,000 tons from the 102 million tons produced in 2000. Acreage was up 1 percent but yields were down 1 percent. Sorghum for silage in 2001 totaled 3.7 million tons, up 34 percent from 2000. In 2001, acreage was up 28 percent from the year earlier, and yields were up 5 percent from the 10.6 tons per acre in 2000. Total silage production per roughage consuming animal unit in 2001 was 1.47 tons, up from 1.45 in 2000. Mid-month prices for all hay reported by farmers in December 2001 were $93.70 per ton, down from $97.10 in November, but up from $84.90 in December 2000. Prices received for alfalfa hay in December were $102 per ton, down from $106 in November but up from $89.70 a year earlier. Other hay prices averaged $3.57 per ton above a year earlier during May through December. In December the price of other hay was $73 per ton, down from $74.10 in November, but up from $69.40 a year earlier. Given current estimates of livestock numbers and hay stocks, prices may remain weak during the remainder of the hay marketing year. U.S. Corn Export Forecast Dropped 2 Million Tons This Month Forecast U.S. 2001/02 (October/September) corn exports were reduced 2 million tons this month to 50 million because of the slow pace of sales and shipments. The September/August local marketing year export forecast was reduced 75 million bushels to 1.975 billion. According to U.S. Export Sales, corn shipments from September 2001 through January 3, 2002, (about 5 months) were down almost 1.5 million tons. This was partly offset by outstanding sales up more than 0.5 million tons from a year earlier. Sharply stronger than last years sales and shipments are expected in the second half of 2001/02 because of reduced exports by China, Argentina, and Brazil. Increased corn exports from Brazil and reduced global imports are largely responsible for the less-than-expected growth in U.S. corn exports. In contrast to corn, forecast U.S. sorghum exports increased 0.5 million tons this month to 6.6 million, based on strong sales and shipments to Mexico and Japan. Most of Mexicos 2001/02 increase in coarse grain consumption are now expected to be sorghum rather than corn. Mexicos forecast corn production was reduced 1 million tons to 18 million, just slightly higher than the previous year. Also Mexicos sorghum production forecast increased 0.5 million tons this month to 6.7 million, nearly matching the 1996/97 record. Brazils forecast corn exports in 2001/02 (October/September) increased 1.5 million tons this month to 5.3 million tons. When Brazils main corn crop becomes available in April, export sales and shipments are expected to increase because of continued strong demand for GM free corn. Forecast corn production in Argentina was reduced 1 million tons this month to 11.5 million tons based on reduced area planted and slightly lower yield prospects. While flooding disrupted plantings in some regions, recent dryness further west has hurt prospects. Forecast exports were reduced only 0.5 million tons because exchange rate changes are expected to provide strong incentives to export. Global barley trade was reduced for both 2000/01 and 2001/02 because of reduced exports by the European Union. Recently reported trade data indicate lower than expected shipments to North Africa and Eastern Europe during 2000/01. The slow pace of export licenses reduced prospects for 2001/02. Forecast coarse grain trade was down 1 million tons this month. Small reductions were made to import forecasts for Turkey, Algeria, Morocco, Egypt, and Venezuela. World coarse grain trade in 2001/02 was forecast down more than 3 million tons from the previous year. ******************************************************************************* Information Contacts: Allen Baker (202) 694-5290 * * William Chambers (202) 694-5312 * * International: Edward Allen (202) 694-5288 * * The next Feed Outlook will be released February 12, 2002. * ****************************************************************************** Table 1--Feed Grains: Marketing year supply and disappearance 1/ ----------------------------------------------------------------------------- Year/ Beg. Produc- Im- Supply FSI Feed & Ex- Total End. Farm Qtr. stocks tion ports resid. ports disp. stks. price ----------------------------------------------------------------------------- CORN ------------------------Million bushels--------------------- $/bu 1999/00 Sep-Nov 1,787 9,431 4 11,221 459 2,189 534 3,182 8,039 1.71 Dec-Feb 8,039 --- 3 8,043 447 1,526 468 2,441 5,602 1.91 Mar-May 5,602 --- 6 5,607 512 1,059 451 2,021 3,586 2.05 Jun-Aug 3,586 --- 2 3,588 496 890 485 1,871 1,718 1.64 Mkt. yr.1,787 9,431 15 11,232 1,913 5,664 1,937 9,515 1,718 1.82 2000/01 Sep-Nov 1,718 9,915 1 11,634 466 2,132 506 3,104 8,530 1.73 Dec-Feb 8,530 --- 1 8,531 465 1,607 416 2,488 6,043 1.97 Mar-May 6,043 --- 3 6,046 524 1,142 456 2,122 3,924 1.90 Jun-Aug 3,924 --- 1 3,925 512 955 559 2,026 1,899 1.85 Mkt. yr.1,718 9,915 7 11,639 1,967 5,836 1,937 9,740 1,899 1.85 2001/02 Sep-Nov 1,899 9,507 2 11,408 489 2,204 450 3,144 8,264 1.86 Mkt. yr.1,899 9,507 10 11,416 2,045 5,850 1,975 9,870 1,546 1.85-2.15 SORGHUM 1999/00 Sep-Nov 65 595 0 660 18 228 65 311 349 1.45 Dec-Feb 349 --- 0 349 18 29 77 124 226 1.57 Mar-May 226 --- 0 226 13 22 64 99 127 1.82 Jun-Aug 127 --- 0 127 6 6 50 62 65 1.64 Mkt. yr. 65 595 0 660 55 284 256 595 65 1.57 2000/01 Sep-Nov 65 471 0 536 17 195 62 274 262 1.69 Dec-Feb 262 --- 0 262 11 12 72 95 167 1.95 Mar-May 167 --- 0 167 4 24 63 91 76 1.79 Jun-Aug 76 --- 0 76 3 (11) 42 35 42 2.03 Mkt. yr. 65 471 0 536 35 220 239 494 42 1.89 2001/02 Sep-Nov 42 515 0 556 15 163 65 243 313 1.86 Mkt. yr. 42 515 0 556 45 200 260 505 51 1.85-2.15 ----------------------------------------------------------------------------- Table 1--Feed Grains: Marketing year supply and disappearance, (cont.) 1/ ----------------------------------------------------------------------------- Year/ Beg. Produc- Im- Supply FSI Feed & Ex- Total End. Farm Qtr. stocks tion ports resid. ports disp. stks. price ----------------------------------------------------------------------------- BARLEY ----------------------Million bushels--------------------- $/bu 1999/00 Jun-Aug 142 280 6 428 44 79 9 132 295 2.18 Sep-Nov 295 --- 5 300 39 24 10 73 228 2.04 Dec-Feb 228 --- 9 237 37 23 7 67 170 2.14 Mar-May 170 --- 7 178 52 10 4 66 111 2.19 Mkt. yr. 142 280 28 450 172 136 30 338 111 2.13 2000/01 Jun-Aug 111 319 7 437 44 91 8 143 294 2.28 Sep-Nov 294 --- 5 299 39 6 25 70 229 1.95 Dec-Feb 229 --- 8 237 37 22 16 75 162 2.10 Mar-May 162 --- 9 171 52 4 8 65 106 2.08 Mkt. yr. 111 319 29 459 172 123 58 353 106 2.11 2001/02 Jun-Aug 106 250 8 364 44 63 11 118 246 2.25 Sep-Nov 246 --- 5 251 39 10 7 56 195 2.27 Mkt. yr. 106 250 25 381 172 95 30 297 84 2.15-2.35 OATS 1999/00 Jun-Aug 81 146 22 249 17 84 0.6 101 148 1.05 Sep-Nov 148 --- 34 182 16 32 0.3 49 134 1.08 Dec-Feb 134 --- 23 157 14 40 0.2 55 102 1.22 Mar-May 102 --- 20 122 21 24 0.7 46 76 1.31 Mkt. yr. 81 146 99 326 68 180 1.8 250 76 1.12 2000/01 Jun-Aug 76 150 21 247 17 79 0.4 96 150 1.03 Sep-Nov 150 --- 37 187 16 26 0.5 43 144 1.04 Dec-Feb 144 --- 28 172 14 48 0.5 62 110 1.22 Mar-May 110 --- 20 130 21 36 0.4 57 73 1.27 Mkt. yr. 76 150 106 332 68 189 1.7 259 73 1.10 2001/02 Jun-Aug 73 117 18 207 17 73 0.8 91 116 1.30 Sep-Nov 116 --- 40 156 16 25 0.8 42 114 1.55 Mkt. yr. 73 117 100 290 70 155 2.4 227 62 1.40-1.50 ----------------------------------------------------------------------------- Totals may not add due to rounding. 1/ Corn and sorghum are on a September 1 to August 31 marketing year. Barley and oats are on a June 1 to May 31 marketing year. Table 2--Feed and residual use of wheat and coarse grains ----------------------------------------------------------------------------- Year Feed Total Animal Feed/ Beginning Corn Sorg. Barley Oats Grains Wheat grains Units animal September 1 unit ----------------------------------------------------------------------------- ------------ Million metric tons --------------- Mil. Tons 1999/00 Sep-Nov 55.6 5.8 0.5 0.6 62.5 -0.2 62.3 Dec-Feb 38.8 0.7 0.5 0.6 40.6 0.8 41.4 Mar-May 26.9 0.6 0.2 0.4 28.1 -0.3 27.8 Jun-Aug 22.6 0.1 2.0 1.2 25.9 8.8 34.8 Mkt. yr. 143.9 7.2 3.2 2.8 157.1 9.1 166.2 88.8 1.87 % Change 3.5 8.4 5.5 -7.4 3.6 39.2 5.0 0.9 4.1 2000/01 Sep-Nov 54.1 4.9 0.1 0.5 59.7 -0.7 59.1 Dec-Feb 40.8 0.3 0.5 0.8 42.4 0.1 42.5 Mar-May 29.0 0.6 0.1 0.6 30.3 -0.2 30.1 Jun-Aug 24.3 -0.3 1.4 1.1 26.5 6.7 33.2 Mkt. yr. 148.2 5.6 2.1 2.9 158.9 6.0 164.8 89.3 1.85 % Change 3.0 -22.5 -34.9 4.1 1.1 -34.0 -0.8 0.5 -1.3 2001/02 Sep-Nov 56.0 4.1 0.2 0.5 60.8 -0.7 60.1 Mkt. yr. 148.6 5.1 2.2 2.5 158.4 6.9 165.3 89.4 1.85 % Change 0.2 -9.2 5.8 -14.9 -0.3 15.8 0.3 0.2 0.1 ----------------------------------------------------------------------------- Table 3--Cash feed grain prices ----------------------------------------------------------------------------- Corn, Corn, Sorghum, Sorghum, Barley, Barley, Oats, No. 2, No. 2, No. 2, Yel No. 2, No. 2, No. 3 or No. 2, Yel, Yel, Texas Yel, feed, better, Heavy Ctrl. Gulf South Gulf Duluth Malting, white, IL ports Panhandle ports Minn. Minn. 1/ 1/ 1/ 1/ 2/ 2/ 2/ ----------------------------------------------------------------------------- Mkt. yr. $/bu $/bu $/cwt $/cwt $/bu $/bu $/bu 98/99 1.97 2.35 3.78 3.97 1.23 2.30 1.34 99/00 1.86 2.23 3.36 3.79 NQ NQ 1.26 00/01 3/ 1.91 2.29 3.87 4.35 1.47 2.37 NQ Monthly: 2000: Aug 1.49 1.91 2.88 3.46 NQ NQ NQ Sep 1.58 2.03 3.68 3.75 NQ NQ NQ Oct 1.81 2.15 3.95 4.06 1.30 2.24 NQ Nov 1.96 2.26 4.03 4.36 1.42 2.39 NQ 2001: Aug 2.00 2.36 4.28 4.34 1.49 2.35 NQ Sep 1.94 2.27 4.23 4.28 1.48 2.34 NQ Oct 1.84 2.19 4.03 4.29 1.50 2.42 NQ Nov 3/ 1.90 2.28 3.97 4.30 1.50 2.44 NQ ----------------------------------------------------------------------------- 1/ Marketing year beginning September 1. 2/ Marketing year beginning June 1. 3/ Preliminary. NQ = No quote. Table 4--Selected feed and feed by-product prices ----------------------------------------------------------------------------- Soybean Cotton- Corn Corn Meat & Dists.' Wheat Alfalfa meal seed gluten gluten bone dried midlgs, farm 44% slv. meal, feed, meal, meal, grains, Kansas price Decatur, 41% slv. IL IL Central Lawrence- City IL Memphis pts. pts. U.S. burg, IN 1/ 1/ 1/ 1/ 1/ 1/ 1/ 2/ ----------------------------------------------------------------------------- ------------------------------$/ton---------------------------------- Mkt. yr. 98/99 130.56 109.86 59.87 234.76 137.32 84.87 54.74 88.10 99/00 158.15 124.00 52.89 237.31 163.13 82.93 53.13 80.20 00/01 166.70 144.38 58.92 250.34 177.19 84.93 61.77 89.00 Monthly: 2000: Aug 151.38 130.50 43.20 211.00 170.95 NQ 37.72 83.90 Sep 166.88 153.12 46.75 227.50 182.63 73.00 53.88 86.00 Oct 163.61 150.00 51.00 247.00 182.05 73.00 52.35 89.20 Nov 173.67 142.50 57.75 263.75 211.14 73.00 57.12 88.00 2001: Aug 170.63 130.63 65.38 263.75 190.21 75.00 69.10 105.00 Sep 163.50 131.25 66.25 268.13 180.76 46.00 74.50 106.00 Oct 157.68 131.25 66.40 260.00 168.22 92.00 59.76 108.00 Nov 3/ 157.15 128.10 66.25 258.10 160.70 92.00 66.40 106.00 ----------------------------------------------------------------------------- 1/ Marketing year beginning September 1. 2/ Marketing year beginning May 1. 3/ Preliminary. NQ=No quote. Table 5--Corn: Food and industrial uses ----------------------------------------------------------------------------- Glucose ---Alcohol--- Cereals and Bev. & other Total Year HFCS dex. Starch Fuel & Mfg products F&I ----------------------------------------------------------------------------- Million bushels 1999/00 Sep-Nov 129.3 56.7 63.6 131.7 31.8 46.0 459.2 Dec-Feb 119.4 49.6 60.0 138.3 33.3 46.0 446.6 Mar-May 141.7 57.1 63.7 147.9 34.9 46.5 491.9 Jun-Aug 149.2 58.4 63.8 147.8 29.7 46.5 495.4 Mkt year 539.5 221.9 251.1 565.8 129.7 185.0 1,893.0 2000/01 Sep-Nov 126.0 56.2 63.4 142.9 31.8 46.0 466.2 Dec-Feb 118.4 49.9 59.2 158.0 33.3 46.0 464.8 Mar-May 144.6 56.5 62.0 161.3 34.8 46.5 505.7 Jun-Aug 148.0 58.0 63.0 165.4 30.1 46.5 511.0 Mkt year 537.1 220.6 247.6 627.5 130.0 185.0 1,947.8 2001/02 Sep-Nov 127.2 56.0 62.4 165.5 32.0 46.2 489.3 Mkt year 548.0 220.0 250.0 690.0 131.0 186.0 2,025.0 Table 6--Wholesale corn milling product and by-product prices ----------------------------------------------------------------------------- Corn meal, Brewers' Sugar, HFCS, 42% Corn starch, yellow, grits, destrose, tank cars, fob Midwest New York Chicago Midwest Midwest 3/ ----------------------------------------------------------------------------- $/cwt $/cwt cents/lb cents/lb $/cwt Mkt. yr. 1/ 98/99 15.06 11.00 24.24 8.04 12.28 99/00 15.05 10.91 16.38 9.18 12.39 00/01 2/ 15.84 11.74 16.83 9.25 12.44 Monthly 2000: Sep 14.92 10.82 16.38 9.25 11.71 Oct 15.60 11.50 16.75 8.61 11.95 Nov 16.12 12.02 16.88 8.40 12.43 Dec 16.13 12.03 16.88 8.75 12.88 2001: Sep 15.81 11.71 16.88 9.50 12.46 Oct 15.43 11.33 17.68 9.50 12.34 Nov 15.56 11.46 18.88 10.80 12.01 Dec 2/ 15.56 11.46 18.88 10.80 12.04 ----------------------------------------------------------------------------- 1/ Marketing year beginning September 1. 2/ Preliminary. 3/ Bulk-industrial, unmodified. Table 7--U.S. imports by country of origin ----------------------------------------------------------------------------- Country/region ------1999/2000- ------2000/2001---- 2001/2002 Mkt. yr. June-Oct. Mkt. yr. June-Oct. June-Oct. ----------------------------------------------------------------------------- OATS --------------------Thousand tons--------------------- Canada 1,287 644 1,466 782 913 Finland 125 41 103 0 142 Sweden 276 79 257 59 98 Total 1/ 1,703 764 1,827 841 913 BARLEY, MALTING Canada 543 175 585 185 240 Total 1/ 543 175 585 185 240 BARLEY, OTHER 2/ Canada 60 11 51 25 2 Total 1/ 60 11 51 25 2 ----------------------------------------------------------------------------- 1/ Totals may not add due to rounding. 2/ Mainly consists of barley for feeding, and also includes seed barley. Source: Bureau of the Census Table 8--U.S. feed grain exports by selected destinations 1/ ----------------------------------------------------------------------------- Country/region ------1999/2000- ------2000/2001---- 2001/2002 Mkt. yr. Sep.-Oct. Mkt. yr. Sep.-Oct. Sep.-Oct. ----------------------------------------------------------------------------- CORN Japan 15,149 2,538 14,396 2,346 2,187 Mexico 4,832 939 5,942 1,142 1,240 Taiwan 5,036 854 4,831 814 719 Egypt 3,790 514 4,152 1,185 892 S. Korea 3,134 1,038 3,168 419 270 Canada 982 224 2,697 444 638 Colombia 1,782 263 1,615 229 225 Venezuela 1,073 130 1,287 254 47 Algeria 1,042 141 1,205 231 240 Saudi Arabia 1,164 237 1,053 171 94 Dominican Republic 1,003 161 976 164 135 Israel 695 70 694 155 11 Syria 603 81 588 116 161 Turkey 874 568 77 Morocco 604 59 530 136 81 Costa Rica 452 68 512 105 79 Tunisia 519 127 470 47 137 Peru 458 143 185 34 58 Iran 611 258 144 144 Sub-Saharan Africa 511 151 113 57 23 Former USSR 491 83 112 85 20 Chile 542 133 33 EU 141 17 4 1 East Europe 35 35 China 58 58 Others 3,515 1,136 3,785 765 503 Total 49,098 9,441 49,072 9,123 7,761 SORGHUM Mexico 4,824 762 4,985 682 680 Japan 1,123 282 811 200 273 Israel 135 13 110 46 5 EU 181 Others 104 2 69 28 25 Total 6,366 1,059 5,976 956 982 --------------------------------------------------------- ------1999/2000- ------2000/2001---- 2001/2002 Mkt. yr. June-Sep. Mkt. yr. June-Sep. June-Sep. BARLEY --------------------------------------------------------- Saudi Arabia 416 251 Japan 391 199 388 144 185 Mexico 104 56 113 43 24 Taiwan 5 5 57 57 Canada 31 17 32 15 55 Other 126 38 663 355 79 Total 657 315 1,253 615 343 ----------------------------------------------------------------------------- 1/ Totals may not add due to rounding. Source: Bureau of the Census END_OF_FILE