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Burma Rice Exports Disrupted Amid Coup

United States Department of Agriculture Foreign Agricultural Service Grain: World Markets and Trade Approved by the World Agricultural Outlook Board/USDA For email subscription, click here to register: December 2020 Global Wheat Prices Supported by Record Global Imports Note: China - National Average Spot Price; Russia - Black Sea Milling; EU- France grade 1, Rouen; US- HRW Gulf; Canada- CWRS ( ), Vancouver Source: FAO (China), IGC Wheat prices for major consuming and exporting countries surged from last year despite record global production and ending stocks. Prices found support, in part, from record global imports and consumption in 2020/21. Furthermore, unexpectedly strong import demand in China and Pakistan helped bolster global trade to a record this month due to unprecedented demand from both countries and other major importers, driving stocks in exporting countries lower and strengthening global prices. Global wheat prices have also been pulled higher in recent months on strength in global oilseed and feed grain prices.

consumption and USDA now reflecting Sri Lankan customs data1 United States Imports 3,300 3,100 -200 Slow import pace of Durum and Hard Red Spring Argentina Exports 11,000 10,500 -500 Shipments remain significantly behind seasonal pace European Union Exports 27,000 27,500 500 Larger recent shipments India Exports 2,500 2,700 200

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  India, Consumption, Export, India exports

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