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Post forecasts 2021/22 production, utilization, and trade for corn, rice, sorghum, and wheat.

China’s overall feed demand and consumption are down though not as a dramatically as expected with the reduction in the swine herd due to African Swine Fever.

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.

Rice consumption continues to decline due to a shrinking population and reductions in per capita consumption.

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.

Harvest is underway for spring/summer crops. The 2018/19 corn production forecast is lowered as weather and pest-related stress reduced yield potential.

Rice and sorghum production has been revised downward, as poor pricing has driven down planting.

Typhoons, heavy rains and prolonged high temperatures in the summer of 2018 are expected to negatively affect both the yield and quality of rice and wheat produced in Japan.

On April 4, 2018, the People’s Republic of China’s Ministry of Commerce (MOFCOM) and Ministry of Finance (MOF) separately announced a proposal to levy retaliatory tariffs of 25 percent....

After a record harvest of 98.5 million metric ton (MMT) last year, India’s MY 2018/19 (April/March) wheat production is forecast lower at 94 MMT on lower planting, still a record fourth highest crop.

MY17/18 grain production was better than expected due to favorable weather conditions and relatively minor losses from Fall Army Worm.

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.