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Post forecasts 2021/22 production, utilization, and trade for corn, rice, sorghum, and wheat.
Rice and sorghum production has been revised downward, as poor pricing has driven down planting.
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....
The market year (MY) 2017/18 wheat production estimate has been revised downward to 3.5 million metric tons (MMT) based on updated official information from the Mexican government.
Post's combined estimates of Nigeria's MY2017/18 production for wheat, rice, corn and sorghum is set at about 16.3 million tons, representing a slight drop from the current MY2016/17 estimate....
Post corn production forecast is one million MT, or eight percent below the USDA projection in marketing year (MY) 2016/2017. Less production will boost corn imports, forecast up to 2.19 million MT...
Post’s (MY) 2016/17 corn and sorghum production estimates have been revised downward from USDA/Official forecast due to smaller than previously estimated planted area and irregular weather conditions.
Post expects imports of yellow corn, rice, and wheat to continue strong in My 2014/14, assuming availability of foreign exchange.
Due to generally favorable weather conditions throughout Mexico’s crop producing regions, production is expected to be higher in marketing year (MY) 2014/15 for most crops.
Imports of yellow corn, rice, and wheat are expected to be strong based on rising domestic food demand, continued requirements of the animal feed industry, and reductions in domestic production.