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Australia is expected to produce another big grain crop in marketing year (MY) 2022/23 after a record setting winter crop and strong summer crop production in MY 2021/22. Another favorable set of conditions around the time of winter grain planting across most production regions of Australia bodes well for another big planted area of wheat and barley for MY 2022/23.
Australia is set for a second consecutive record grain crop following two years of drought. For the winter crops, wheat production is estimated to have reached another record in marketing year (MY) 2021/22 and barley production is expected to be the third largest in history, just slightly behind the previous year.
Australia is set for a second consecutive bumper grain crop following two years of drought. For wheat and barley, during the fall planting period and winter and early spring growing period, rainfall has overall been very good across the growing...
FAS China’s marketing year (MY) 2021/22 corn import forecast is 20 million metric tons (MMT) while its estimate for corn imports in MY 2020/21 is raised to 30 MMT.
FAS Tokyo estimates MY2020/21 corn imports will be 15.5 million tons, down 2.4 percent from the previous year due to high global corn prices.
Grain production in Australia is set for a second consecutive big year of production after two years of drought.
Post’s MY2021/22 corn import forecast is 20 MMT, 6 MMTs below USDA’s official forecast with the expectation that demand softens as corn imported during the current marketing year enters commercial channels, stock building moderates, and the expansion of domestic corn area results in greater production.
Another big production year for Australian grains is forecast in marketing year (MY) 2021/22 after a strong drought-recovery year in MY 2020/21.
Post forecasts China’s marketing year (MY)21/22 corn imports at 15 million metric tons (MMT) as market signals are encouraging additional domestic production over MY20/21 levels.
FAS Tokyo estimates stable feed demand in MY2020/21, but projects a slight shift from corn to rice, wheat, and barley in compound feed rations due to high corn prices.
China’s MY2020/21 feed and residual use for all coarse grains and feed-quality wheat and rice are estimated to increase to 249.9 million metric tons (MMT), up 15.6 MMT from the previous MY...
FAS/Canberra forecasts Australian wheat production of 31 (million metric tons) MMT in MY 2020/21, the second highest on record, and more than double the previous year’s drought-affected estimate...