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Lebanon is recovering from a long-lasting internal conflict that damaged infrastructure and stymied economic development.
The Ministry of Agriculture foresees a slight decline in the MY2016/2017 grain production because of drought conditions and as result of a lack of rain in production areas of Algeria.
Delayed monsoon, high surface temperatures and low reservoir levels indicate a less than favorable situation for the Kharif crop (harvested April to October).
Export prices for white rice remained unchanged as the public tender for 2.2 million metric tons of old-crop rice has not yet been finalized.
Brazil's limited corn supply is driving domestic prices up and having a significant impact on the pork and poultry sectors.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.
Export prices remained unchanged as traders are awaiting the new public tender for 2.2 million metric tons of government stocks.
Reflecting an abundant global supply, prices of imported feed corn fell below 200 USD/metric ton (MT) in March 2016 for the first time since January 2007.
Post concurs with the official USDA estimates for wheat, corn and rice. MY16/17 wheat and corn imports are expected to increase from the previous year’s level...
Promoting Trail Mix at “Wild” Film Premiere; The Largest Food Ingredients / Additives Show in Japan; New York Fair at Hankyu Department Store; Harvesting Everything but the Squeal...
Export prices declined around 1 percent as the government is expected to issue a public tender for 2.2 million metric tons on June 15, 2016.
Ecuador’s Ministry of Agriculture, Livestock, Aquaculture and Fisheries on May 26, 2016, issued Resolution 114/2016.