Chile: Grain and Feed Annual

Commodities

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Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations. Eighty-five percent of the wheat in Chile is used to produce bread flour. In MY2016/17 Argentina was the top supplier of wheat to Chile followed by the United States and Canada. In MY2017/18 Post expects wheat imports to decrease to 1.45 MMT (million metric tons).  Post expects Chilean corn production to decrease by 5 percent to 1 MMT in MY2017/18, and imports are expected to increase by 6.3 percent over MY2016/17 totaling 1.7 MMT. Argentina remains Chile’s top supplier with 90 percent market share. Post estimates that 92 percent of the corn consumption in Chile is intended for animal feed for the production of poultry, pork and salmon, which is not expected to experience major changes but a moderate 2 percent growth. The United States is the main supplier of corn gluten meal to Chile with a 92 percent market share valued at $76.7 million.

Chile: Grain and Feed Annual