On October 12, 2019, the Government of China announced the Minimum Support Price (MSP) for wheat. The 2020 wheat (3rd class) MSP is RMB 2,240 ($320 USD) per ton, the same level as 2019.
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....
FAS provides summaries of the latest USDA quarterly forecasts for U.S. trade in agricultural products and a link to the joint FAS/ERS publication Outlook for U.S. Agricultural Trade.
Production in marketing year (MY) 2019/20 is forecast down due to an expectation of slightly below average yields and a marginal increase in harvest-time abandonment.
Romania’s spring-crop harvest is nearly complete. Improved soil moisture in spring 2019 helped Romanian corn development, but drought conditions during the latter half of the growing season....
On October 23, 2019, the Government of India raised the minimum support prices (MSP) for the select upcoming rabi (winter-planted) crops, including wheat.
For rice marketing year (MY) 2019/20 (May-April), Post’s production estimate is raised to 35.8 million metric tons (MMT), a 2.27 percent increase over 2018/19 production....
MY2019/20 rice production is revised down as the main rice crop was affected by flooding. Rice exports are revised down further due to strong competition in low-quality rice markets.
Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent to $19.1 billion.
After surging in MY2018/19, Philippine grain imports (wheat, corn and rice) will decline in MY2019/20 as the country returns to more normal weather conditions following last year’s El Niño....
