THE OUTLOOK FOR WORLD GRAIN TRADE

The term "grain" used in this report comprises wheat, maize, oats, barley and rye, but excludes rice, sorghum, millet and soya beans. The report will attempt to examine the existing pattern of world demand and world supply and indicate the probable future changes in this pattern and the effects of such changes on shipping. Seaborne grain trade is third in importance of the major bulk commodities and accounts for approximately 8% of the total dry cargo shipments, but its real importance lies in its effects on the tramp voyage chartering market where it has accounted for, on average, about 55% of total bookings throughout the 1960's. The existing and future demand pattern is reviewed in PART I of the study, which examines the factors influencing demand in developed and developing countries and projects trends to the mid-1970's on the basis of varying growth rates. Supply considerations are treated in PART II, a comprehensive survey of world production illustrating how rapidly the supply situation is changing, particularly in developing countries. The attainment of self-sufficiency is already influencing grain trading while it is essential to recognise the importance of the "green revolution". Finally, PART III attempts to reconcile probable changes in the demand pattern on shipping requirements.

• Corporate Authors:

  Drewry (HP) (Shipping Consultants) Limited

  Palladium House, 1-4 Argyll Street
  London W1V 1AD,   England 
• Publication Date: 1972-6

Media Info

• Pagination: 36 p.

Subject/Index Terms

• TRT Terms: Bulk cargo; Bulk carriers; Economic analysis; Economic forecasting; Economics; Freight traffic; Grain; International trade; Ocean shipping; Shipping; Trade
• Uncontrolled Terms: Grain trade
• Old TRIS Terms: Bulk traffic; Shipping economics; Shipping forecasts
• Subject Areas: Economics; Freight Transportation; Marine Transportation; Railroads;

Filing Info

• Accession Number: 00035053
• Record Type: Publication
• Source Agency: Drewry (HP) (Shipping Consultants) Limited
• Files: TRIS
• Created Date: Oct 27 1974 12:00AM