Under my Food Security Tab (above) I keep this ongoing global stocks-to-use ratio chart. I have just updated it with the latest FAO figures. The world is successfully ramping up food production. Coarse grains includes corn, and we all know where that disappearance is coming from.——K.M.
chart: http://bigpictureagriculture.blogspot.com/
source: FAO (updated NOV 2011)
Global stocks-to-use ratios | 2006/07 | 2007/08 | 2008/09 | 2009/10 | 2010/11 estim. | 2011/12 f'cast |
World Cereal | 19.8 | 19.3 | 22.7 | 23.2 | 21.2 | 21.6 |
Wheat | 25.9 | 22.6 | 27.7 | 29.8 | 26.7 | 28.2 |
Coarse Grains | 14.6 | 14.9 | 17.5 | 17.0 | 14.7 | 13.9 |
Rice | 23.9 | 25.2 | 28.2 | 28.8 | 29.3 | 31.8 |
chart: http://bigpictureagriculture.blogspot.com/
source: FAO (updated NOV 2011)