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Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....
High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.
Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.