Guatemala: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   GT2022-0004

Guatemala continues to be a net importer of both yellow corn and rice. Corn area and production in MY2022/2023 are forecast to shrink one percent as some commercial farmers have decided not to plant corn given record high increases of more than 100 percent in fertilizer costs (mainly urea) and a nearly 90 percent increase in oil prices. Rice production will shrink 3 percent, but planted area maintains its previous size as the government reinstated the mandatory domestic purchase policy when managing quotas. The United States increased its market share in both grains in the past year. Consumption of corn and rice, the main grains in the country, are forecast to drop as prices in 2022 report record highs of up to 42 percent above past 5-years average prices. FEWS NET forecasts a food security phase 3 crisis in Guatemala.

Related Reports

Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased slightly despite the weakening of the Thai baht.
Attaché Report (GAIN)

South Korea: Grain and Feed Update

This report provides updates to the Korea Rice Production 2022 report issued by FAS/Seoul on June 28, 2022, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2022.
Attaché Report (GAIN)

China: Offloading Old Stock Rice Through Annual Auction

The People’s Republic of China (PRC) will re-start old crop rice auctions for feed use beginning in March 2023 to rotate out older stocks, to provide grain alternatives, and to temper rising feed grain prices.