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Post forecasts 2021/22 production, utilization, and trade for corn, rice, sorghum, and wheat.

China’s overall feed demand and consumption are down though not as a dramatically as expected with the reduction in the swine herd due to African Swine Fever.

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.

Rice consumption continues to decline due to a shrinking population and reductions in per capita consumption.

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.

Harvest is underway for spring/summer crops. The 2018/19 corn production forecast is lowered as weather and pest-related stress reduced yield potential.

Rice and sorghum production has been revised downward, as poor pricing has driven down planting.

Typhoons, heavy rains and prolonged high temperatures in the summer of 2018 are expected to negatively affect both the yield and quality of rice and wheat produced in Japan.

On April 4, 2018, the People’s Republic of China’s Ministry of Commerce (MOFCOM) and Ministry of Finance (MOF) separately announced a proposal to levy retaliatory tariffs of 25 percent....

Post expects relatively minor changes in 2018/19 in Mexican production of corn and sorghum, with a larger percentage decrease in wheat production due to water availability among other factors.

The marketing year (MY) 2017/18 corn production estimate has been revised upward to 26.8 MMT, with harvested area estimated at 7.23 million hectares, reflecting official information....

Given competitive prices for imported feed grains (particularly for corn) and DDGS, Japanese demand is expected to remain strong in 2017/18, with corn imports again forecast to total 15.2 million MT.