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.
FAS/Astana forecasts Kazakhstan wheat production in 2015 at 12.5 MMT, down slightly from 2014 production of 12.9 MMT, as wheat sown area is expected to fall, reducing harvested area.
The Japanese Government's Basic Plan for Food, Agriculture and Rural Areas, which sets Japan's agricultural policy direction for the next 10 years, is revised every five years.
The outlook for the MY2015/16 EU28 grain crop is positive with another sizeable crop forecast, albeit down from the record volume achieved in MY2014/15.
Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.
Australian wheat production is forecast at 24 million tons, assuming average rains, while barley production is expected to be stable at 8.5 million tons despite a slight fall in the harvested area.
Expansion and diversification of large-scale retail businesses coupled with introduction of information technologies has led a rapid evolvement of the retail food sector in South Korea...