Review of Global Grain Price in 2012 and Its Future Prospect for 2013
Zhu Xianfeng ( National Development and Reform Commission ( NDRC) Price Monitor Center,Beijing 100837)
Global grain price in 2012 was mostly from weak to strong,lowered slightly at the end of the year,but still more substantial increase compared to the beginning of the year,and the annual average was in line with 2011. Global grain spot and futures annual average prices in 2012 were up 0. 96% and down 1. 53% from the prior year,respectively,where the average maize spot and futures prices were respectively raised by 7% and 2% again last year,the average prices of wheat spot and futures were respectively up 4% and 6% from the previous year,and the average price of Thai rice stock and Chicago brown rice futures rose 5% and 1. 2% compared to the last year,respectively. It is expected that the 2013 international grain price will show overall a high level state,based on the global economy looking up and tight relationship between global grain production and demand. In the department of grain supply and demand,global grain production for 2012 13 is projected at 2. 239 billion tons,down 3. 22% from 2011 12,and the relationship between production and demand for 2012 13 will change,from production higher 5. 15 million tons than demand in 2011 12 to production lower 40. 21 million tons than demand in 2012 13,at the same time,maize,wheat and rice production falls short.
【CateGory Index】： F313.7