Japan: Grain and Feed Update
As a result of favorable weather conditions, 2016 rice production (including feed rice) is estimated to increase slightly despite reduced planting area. However, rice utilization in compound feed is believed to have reached its ceiling in MY2015/16, and further expansion is expected to be limited due to the price competitiveness of other feed grains (namely corn). Following Japan’s record crop in 2015, wheat production is estimated to decrease significantly in 2016 due to unfavorable weather conditions.
