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FAS (Post) forecasts Venezuelan market year (MY) 2025/2026 corn production to reach 1.2 million metric tons (MMT), a 14 percent decrease year-on-year due to a significant drop in seed availability for the summer planting season.
Sri Lanka’s economic situation is improving and key agricultural inputs like fertilizers and agrochemicals are available in the market although they remain expensive. Rice production is expected to continue on a recovery path. Rice imports are...
FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.
Brazil’s corn planted area and production for MY 2025/26 are expected to increase. Low stocks and strong demand led corn prices to high levels in the domestic market, growing producers’ sowing outlooks.
Post forecasts MY 25/26 China corn production at 300 MMT, up 1.7 percent from MY 24/25, while corn imports are forecast at 8 MMT, lower than MY 23/24 levels due to China’s focus on grain self-sufficiency.
Wheat consumption in the Dominican Republic (DR) during marketing year (MY) 2025/26 (July 2025/June 2026) is forecast to increase by two percent, reaching 520,000 metric tons (MT).
Wheat production in marketing year (MY) 2025/26 (July-June) is projected at just over 10,000 metric tons (MT), a decline from the previous year. With only about 5,000 hectares (HA) dedicated to cultivation, Ecuador’s wheat production is insufficient to meet domestic demand and thus dependent on imports.
Turkiye’s MY 2025/26 wheat and barley production, most of which are grown without irrigation, are projected to decline year-on-year due to limited rainfall during the fall and winter months and prospects of more dry weather.
In MY2025/2026, Taiwan’s wheat imports are forecast at 1.38 MMT supported by Taiwan consumers’ preference for more diverse food offerings including wheat-based products and a vibrant baking industry.
India is on course to hit its third record wheat crop in MY 2025/2026 forecast on higher planting and optimal growing conditions.
Israel will continue to rely on imported feed and grains as it uses land and water resources for more cash crops. Due to poor weather conditions, Post forecasts Israel’s marketing year 2025/26 wheat production down (due to poor weather conditions) and imports up as production was limited.
Sustained rainfall due to a subsiding El Nino and a weak La Nina that is predicted to last until April 2025 will likely lead to increased rice and corn production in 2024/25.