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The MY 2015/16 production estimate is 29 million 480 lb. bales. Planted area reached 11.26 million hectares and is expected to climb higher.
Broiler meat production in Saudi Arabia is expected to reach 700,000 MT in 2015, about 8 percent higher than production in 2014.
In Marketing Year (MY) 2016, chicken production is forecast to increase slightly by two percent to 848,000 MT from 832,000 MT in MY 2015, due to higher parent stock (PS) and broiler inventories....
In 2016, ending inventories and calf production are expected to increase by 4 percent while beef and veal production is projected to increase by 10 percent.
Japanese beef production is projected to continue its downward trend through 2016, as Japanese pork production rebounds in 2015 from the worst impacts of Porcine Epidemic Diarrhea virus (PEDv).
Paraguayan beef exports in 2016 are forecast 435,000 tons carcass weight equivalent (cwe). This record is expected as a result of increased beef output and a steady foreign demand.
CY 2016 water buffalo meat and beef production is projected to increase marginally by five percent to 4.5 million tons carcass weight equivalent due to population growth and moderate export demand.
Unlike in 2014, the Thai broiler industry in 2015 has encountered much lower profitability due to a sharp decline in broiler prices.
Post forecasts both beef and pork production to increase by two percent in 2016 to 9.6 million metric tons and 3.5 million metric tons, respectively.
In August 2015, FAS Madrid Office facilitated the release of one container of peanuts from the United States exported by a company based in Virginia.
The purpose of this report is to inform U.S. companies about the export opportunities offered by various health-oriented markets in South Africa.
Estimated milled rice production in Myanmar for MY 2015/16 has been reduced by 400,000 metric tons from the MY2014/15’s level due to flooding in late July and early August.