Japan: Grain and Feed Annual
Demand for feed ingredients in Japan remains strong in MY2018/19 as livestock inventories have seen little change. Japanese corn imports are expected to hold steady at 15.6 million metric tons (MMT). Unfavorable weather in Japan in 2018 suppressed domestic wheat and barley production, leading to increased opportunities for imports. The weather also led to an increase in the number of smaller-sized rice grains resulting in increased market competition with imports. Japanese sorghum imports are expected to decline as feed mills continue to consume stocks held over from the summer of 2018.