Much of the drop in production and expected use is due to smaller wheat crops in Russia and Kazakhstan. Kazakhstan's exports are down 1 million tons, with a corresponding drop in expected imports for Russia and Uzbekistan. The higher projected global imports are largely due to higher imports by Egypt and Iran.
Projected exports are up for Canada, the United States and Australia.
Much of the drop in global production and use stems from Russia's smaller coarse grain crop and lower projected imports. Russia's coarse grain crop is off almost 2 million tons, with corn production down 700,000 tons. Also, projected corn imports are down 1.5 million tons because the Russian government has not elected to finance grain purchases, either through cash payments or international financial assistance. Projected corn imports by China are down 500,000 tons to 2.5 million. With the recent cancellation by China of more than 600,000 tons of U.S. corn purchased last December, known commitments are only around 1.5 million tons.