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Independent analysis of grains,
rice & oilseeds markets
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IGC latest five-year global supply and demand projections
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		13/14	14/15	15/16	16/17
				est.	forecast
TOTAL GRAINS*					25.08	29.09
Production		2008	2047	2002	2069	2069
Trade		310	322	343	330	333
Consumption		1935	2008	1981	2046	2049
Carryover stocks		412	451	472	492	492

* Wheat and coarse grains

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Rice projections are little changed this month; market marked by unexpected parboiled purchase by Iraq and arrival of Southwest monsoon.