Browse Data and Analysis

In 2021, Chinese imports of alfalfa pellets hit record levels of 52,254 metric tons (MT) and $13.66 million by value, increases of 62 percent and 70 percent respectively. The market is dominated by Spanish-origin pellets.

On May 23, 2022, the People’s Republic of China (PRC) and Brazil held High-Level Committee talks. According to the press release issued by the PRC’s Ministry of Commerce (MOFCOM) on May 24, the talks included several agricultural-related outcomes including, improved and new sanitary and phytosanitary (SPS) market access protocols for corn and hulled peanuts along with plans for new SPS protocols on soy protein concentrate, soybean meal, and orange fiber pellets that may be signed later.

Heat stress resulting from an unprecedented spike in temperatures beginning in the mid-March 2022 has had a marked impact India’s wheat crop. Yields are 10-15 percent down, driving India’s forecasted market year (MY) 2022/23 (April-March) wheat production down from 110 million metric tons (MMT) to 99 MMT.

Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.

While the UK exited the shadow of Brexit and COVID-19 in marketing year (MY)2021/22 and put the 40-year low wheat crop of MY2020/21 behind it, the developments in Ukraine over the past few months have brought new uncertainties to the market.

Post forecast Burmese rice exports lower in May due to slow business activities along with changing trade and exchange rate policies and high domestic prices. Domestic prices for Emata increased in May due to high transportation costs and a smaller domestic supply as exporters fulfilled advanced sale contracts. Domestic prices for Shwe Bo Pawsan remained unchanged.

On Friday, May 13, 2022, the Indian government announced a ban on wheat exports, effective immediately, citing the sudden spike in global wheat prices and the resulting food security risks to India.

Rice export prices increased around 1 percent from the previous week due to strong demand for white and parboiled Thai rice.

Angola’s wheat milling capacity has increased to achieve self-sufficiency with five wheat mills now operating in the country, with milling capacity of up to 1 million metric tons of wheat per year.

Export prices of white rice increased 7-8 percent from the previous week despite a further weakening of the Thai baht.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Post forecasts increases in wheat and corn production for the 2022/23 marketing year.