Publisher's Synopsis
Excerpt from Foreign Agriculture Circular: Grains; USSR Grain Situation and Outlook; January 1985-December 10, 1985
The USSR continues to actively cover its grain import requirements, still estimated at 50 million tons for july-june Winter grain conditions in the USSR continue reasonably favorable.
Over the past month, Soviet grain buyers were active in the world marketplace, adding significant quantities of corn and wheat to earlier purchases. Total commitments from all origins for july-june delivery are estimated at more than 37 million tons, well ahead of the commitment level as of this time a year ago of around 22 million, but about the same as in when total imports hit 46 million. Soviet wheat purchases from all origins are placed in the area of 23 million tons, or at nearly 90 percent of the projected annual imports of 26 million. Recent large purchases of u.s. Corn, in excess of 3 million tons, have pushed total coarse grain purchases from all sources to nearly 15 million tons, or nearly two-thirds of projected imports.
In recent weeks, the USSR has purchased more than 3 million tons of Argentine wheat. In addition, reports from India confirm a wheat sale of tons for delivery in 1985. Unconfirmed reports indicate that the Soviets recently may have purchased some new crop Argentine corn.
Soviet grain imports, based on preliminary indications, topped 25 million tons for the july-december 1984 period. Shipments from the u.s. Accounted for approximately half of the grain moving to the USSR during this period. Shipments of u.s. Corn were exceptionally heavy during the october-december quarter, nearing 7 million tons. Coarse grain imports from all sources for the first 6 months are estimated at over 10 million tons, second only to july-december 1981. Wheat imports for the july-december period may have been the heaviest on record.
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