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Table A1. Global cereal supply and demand indicators<br />
1. Ratio of world stocks to utilization (%)<br />
<strong>Crop</strong> <strong>Prospects</strong> and <strong>Food</strong> <strong>Situation</strong><br />
Average<br />
2005/06 -<br />
2009/10 2008/09 2009/10 2010/11 2011/12 2012/13<br />
Wheat 25.2 24.1 28.2 25.8 26.0 23.4<br />
Coarse grains 16.4 17.6 16.7 14.5 15.0 13.4<br />
Rice 26.8 29.2 29.7 30.8 33.5 35.8<br />
Total cereals 21.1 21.8 22.7 21.2 22.0 20.7<br />
2. Ratio of major grain exporters' supplies<br />
to normal market requirements (%) 125.1 129.2 124.2 115.5 117.5 107.8<br />
3. Ratio of major exporters' stocks<br />
to their total disappearance (%)<br />
Wheat 17.3 17.9 21.6 20.1 17.8 13.7<br />
Coarse grains 14.4 15.6 15.1 10.3 10.2 7.7<br />
Rice 17.9 23.5 21.6 21.2 25.6 27.9<br />
Total cereals 16.5 19.0 19.5 17.2 17.9 16.4<br />
Annual trend<br />
growth rate Change from previous year<br />
2002-2011 2008 2009 2010 2011 2012<br />
4. Changes in world cereal production (%) 2.8 7.2 -1.1 -0.3 4.1 -1.9<br />
5. Changes in cereal production in the LIFDCs (%) 3.6 4.0 -0.5 7.3 1.6 3.1<br />
6. Changes in cereal production in the LIFDCs<br />
less India (%) 3.6 5.8 4.2 6.7 -2.1 4.4<br />
Average Change from previous year (%)<br />
2006-2010 2009 2010 2011 2012 2013*<br />
7. Selected cereal price indices:<br />
Wheat 171.5 -34.6 9.6 31.5 -5.5 13.6<br />
Maize 162.5 -25.5 12.0 57.6 2.2 9.4<br />
Rice 215.0 -14.0 -9.4 9.5 -5.2 2.5<br />
Notes:<br />
Utilization is defined as the sum of food use, feed and other uses.<br />
Cereals refer to wheat, coarse grains and rice; grains refer to wheat and coarse grains.<br />
Major Wheat Exporters are Argentina, Australia, Canada, the EU, Kazakhstan, Russian Fed., Ukraine and the United States; Major Coarse Grain Exporters are Argentina,<br />
Australia, Brazil, Canada, the EU, Russian Fed., Ukraine and the United States; Major Rice Exporters are India, Pakistan, Thailand, the United States, and Viet Nam.<br />
Normal market requirements for major grain exporters are defined as the average of domestic utilization plus exports in the three preceding seasons.<br />
Disappearance is defined as domestic utilization plus exports for any given season.<br />
Price indices: The wheat price index has been constructed based on the IGC wheat price index, rebased to 2002-2004=100; For maize, the U.S. maize No.2 Yellow<br />
(delivered U.S. Gulf ports) with base 2002-2004=100; For rice, the FAO Rice Price Index, 2002-2004=100, is based on 16 rice export quotations.<br />
*January-February average.<br />
No. 1 n March 2013 31
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