THE GRAIN OUTLOOK FOR THE 1980'S

The paper discusses some of the fundamentals which seem to point out the direction of future trade in wheat and coarse grains in the decade ahead. The author concentrates on the external dynamics which could affect production and trade patterns, notably energy. Statistics indicate that would grain trade has grown at a strong rate in recent years with the demand for grain imports increasing among such powers as China and the Soviet Union as well as Third World nations. The author predicts a tighter supply/demand balance in grains caused in part by escalating energy costs and the resulting transportation limitations placed on the grain exporting nations. To meet the demand for grain, exporting nations must make the most efficient use of all transportation modes especially shipping. The apper also discusses the politics of grain; how worldwide political instability can impact on oil supplies and therefore on the grain trade. U.S./Soviet grain agreements are briefly touched upon.

• Supplemental Notes:
  • Paper presented at Commodities on Bulk Shipping in the 80's, a Lloyd's of London Press Conference, the London Press Center, 13/14 December 1979.
• Corporate Authors:

  Lloyd's of London Press Limited

  Sheepen Road
  Colchester, Essex CO3 3LP,   England 
• Authors:
  • Brookins, C
• Publication Date: 1980

Media Info

• Pagination: 12 p.

Subject/Index Terms

• TRT Terms: Bulk cargo; Economic analysis; Economic forecasting; Energy; Exports; Farm produce; Forecasting; Freight traffic; Grain; International trade; Policy; Trade
• Uncontrolled Terms: Grain trade
• Old TRIS Terms: Agricultural exports; Bulk grain; Energy forecasts; Trade forecasts; Trade policies
• Subject Areas: Economics; Energy; Freight Transportation; Marine Transportation; Policy;

Filing Info

• Accession Number: 00316435
• Record Type: Publication
• Report/Paper Numbers: Conf Paper
• Files: TRIS
• Created Date: Nov 19 1980 12:00AM