Browse Data and Analysis

Despite improved planting, Post continues to forecast MY 2014/15 rice production at 100 MMT on expected lower yields due to patchy 2014 monsoon rains.

The Brazilian MY 2014/15 sugarcane crop is estimated at 619 mmt, down 5 mmt from MY 2013/14, mainly due to weather related problems in the center-southern producing region.

Turkey produced 2.39 million metric tons (MMT) of sugar in marketing year (MY) 2013/14 from a harvested area of 280,000 hectares.

EU sugar production for food in MY 2014/15 is forecast at 16.3 million MT, up from 16.0 million MT in MY 2013/14, but down from 16.6 million MT in MY 2012/13.

Export prices declined around 1 percent due to the sales of government stocks. The result of the second public tender has been finalized and new tenders will be exclusively for exporters.

Sugar production for marketing year 2014/15 (Oct/Sept) is forecast to be about 6.3 MMT-RV. Sugar production for MY 2013/14 was revised downward to 6.382 MMT-RV due to adverse weather.

EU-28 broiler sector is expected to grow in 2014 and 2015, benefiting from slowly increasing demand, since it is less affected than other meats by the economic recession.

In the European Union (EU), governments, the media, non-governmental organizations, consumers, and industry associations remain conflicted about the use of agricultural biotechnology.

Greece is the third largest producer of peaches in the EU-28, after Italy and Spain.

Italy is the largest peach and nectarine producer in the EU-28 and ranks second in the world after China. Italy’s MY2014/15 peach and nectarine production is preliminarily forecast to stay flat.

A record Brazilian soybean crop of 94 million metric tons (mmt) is forecast for the 2014/15 marketing year (MY) as a result of increased planted area.

Along with other ECOWAS countries, Ghana has committed to a region-wide system of the common external tariffs (CET) to be implemented in January 2015.