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Iraq’s MY 2017/18 wheat production declined due to unfavorable weather conditions, lower wheat procurement prices and the ongoing sectarian conflict.
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.
Three years of economic contraction, hyperinflation and diminishing hard currency for imported agricultural inputs and raw materials will negatively impact production, consumption and trade....
On August 30, 2017, Taiwan completed its second U.S. rice Simultaneous-Buy and Sell (SBS) tender (GF4-106-094) for 13,100 tons at the price of NT$7.209/kg (US$239/ton).
Export prices further declined 3 to 4 percent mainly due to a reduced demand from foreign buyers.
Post forecasts MY 2017/18 rice production lower at 107.5 MMT on lower than expected planting and yield due to prolonged dry conditions and floods during critical stages in some rice growing states.
The Japanese government has again revised the administrative rules for the Simultaneous Buy and Sell (SBS) tendering system.
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has requested 2.65 trillion yen (roughly US$24 billion) for the Japan Fiscal Year (JFY) 2018 budget, a 15 percent increase....