Grains, Feeds and Fodders

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.

Private exporters reported sales of 120,000 MT of corn for delivery to unknown destinations during MY 2024/2025.

Private exporters reported the following sales activity for MY 2024/2025: 120,000 MT of corn for delivery to Spain and 110,000 MT of soybeans for delivery to unknown destinations.

Private exporters reported sales of 235,000 MT of corn received in the reporting period for delivery to Mexico - 130,000 MT is for delivery during MY 2024/2025 and 105,000 MT is for delivery during MY 2025/2026.