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34 CHAPTER 2


Table 2.4 Trends in stocks relative to domestic consumption plus exports among major exporters and consumers, 1990–2000 and 2005–08


Stocks / (consumption + exports)


Level of


Commodity Country or region Maize


Argentina China


India EU-15


United States World


World (excluding China)


Rice China EU-15 India


Pakistan Thailand


United States Vietnam World


Wheat Argentina Australia Canada EU-15


India


Kazakhstan Pakistan


Russia Ukraine


United States China


World World (excluding China)


Moderate Minor Major Major Major Major Major —


World (excluding China) —


Major Major Major Major


Major


Major Minor


Major


Major Major Minor





exports 1990–2000 2005–08 Stock outcome Major


6 Minor


Major Minor Major —


93


3 8


16 26 12 70 22 18 19 7


15 2


33 14


4


20 32 16


13


23 17


16


23 27 71


27 19 7 24 7


14 12 14 12 29 37 13 8


13 14 7


17 13


3


35 24 11


6


14 11


7


11 21 38


18 14 Up but low


Well down but still high


Up but low Up


Well down Well down Unchanged Well down Up


Down


Well down Up


Unchanged Up but low Well down


Largely unchanged but low


Always low Up


Down but still high


Down and below optimum


Down and below optimum


Down


Down and below optimum


Down and below optimum


Down Down but still high


Well down but still very high


Down but still adequate


Down and below optimum


Source: Calculations by the authors using data from USDA (2008c). Notes: EU-15 includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, and the United Kingdom; —, not applicable.


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