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Global wheat supply: good but not good enough

16 Aug, 2011

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Global Wheat Figures (million metric tons)
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                                     Supply             Use
                     Beginning   Production  Imports*  Domestic  Exports*    Ending
                         stocks                                              stocks
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MY12 (P)   Pakistan        3.41       24.00      0.20     23.40      1.00      3.21
           Global        191.74      672.09    129.38    674.96    131.33    188.87
MY11 (E)   Pakistan        3.56       23.90      0.15     23.20      1.00      3.41
           Global        198.86      648.19    128.82    655.31    130.05    191.74
MY10       Pakistan        2.69       24.00      0.17     23.00      0.30      3.56
           Global        166.44      684.40    133.58    651.97    135.80    198.86
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* Global imports and exports may not balance due to differences in marketing years, grain in transit, and reporting discrepancies in some countries Source: World agricultural supply & demand estimates, USDA (August 11, 2011)

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