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Thailand is one of the world’s leading agricultural suppliers, primarily due to its well-developed food processing sector.
Uruguayan wheat production in marketing year (MY) 2019/20 is forecast up at 825,000 tons. A very good wheat season in MY 2018/19 is expected to encourage a larger planted acreage.
Rice export prices further increased 1 to 2 percent due to strong demand for white and parboiled rice in the African markets.
FAS/Dar es Salaam forecasts marketing year (MY) 2019/2020 corn production to increase by 1.8 percent from 2018/2019 due to a promising fertilizer delivery system.
Ministry of Agriculture reported favorable early prospects for the grain crop should good climatic conditions continue.
The Government of Algeria (GoA) introduced a temporary additional safeguard duty (DAPs) to replace the import ban established in January 2018.
For marketing year (MY) 2018/2019, Post reduced the estimate for rice harvested area to 3,190 thousand hectares (th. ha) owing to unfavorable weather conditions....
In marketing year (MY) 2019/2020, Post forecasts wheat imports at 4.5 million metric tons (MMT), and estimates MY18/19 at 4 MMT.
MY 18/19 corn production is forecast at 95 MMT, 18 percent higher than MY 17/18, on expanded area and excellent conditions for the safrinha crop.
Saudi Arabia partially rescinded a virtual ban on domestic wheat production and is projected to produce 500,000 MT in MY 2019/20.
Rice supply in Taiwan is forecast to continue to outstrip demand despite government efforts to reduce production and dispose of excess stocks.
Rice export prices increased around 1 percent due to strong demand for parboiled rice in the African and Middle Eastern markets.