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Post’s MY 2015/16 milled rice production forecast has been lowered to 100 million metric tons (MMT) on lower yields due to below normal 2015 monsoon.
For marketing year (MY) 2015/16 (May to April), Post’s rice production estimate is lowered to 34.6 million tons due to floods that affected Aman rice production...
FAS/Astana estimates Kazakhstan’s wheat production in MY 2015/16 at 14 MMT, almost 1 MMT more than 12.99 MMT in MY 2014/2015, due to higher average country yields this year.
On October 19th, 2015, the Ministry of Finance issued a notification raising the basic custom duty on imports of wheat to 25 percent (ad valorem on CIF value).
Post’s MY 2015/16 milled rice production forecast has been lowered to 103 MMT from a projected harvested area of 43.2 million hectares on moisture stress due to weak monsoon rains in August-September.
Planting of the Rabi (winter) wheat crop is expected to get underway in a few weeks.
On August 17, 2015, the Ministry of Agriculture (MoA) revised the Indian crop year (ICY) 2014/15 (July-June) grain production estimate to 252.7 million metric tons (MMT).
On August 7, 2015, the Government of India (GOI) imposed an import duty of 10 percent on wheat imports through March 31, 2016.
Council of European Union Approves Kazakhstan's Accession to WTO . . . Nazarbayev Encourages Increase in Exports to Russia . . . Poultry from Ukraine and Russia Restricted . . .
For marketing year (MY) 2015/16 (May to April), Post’s estimate for total rice area and production is unchanged at 11.8 million hectares and 34.8 million tons.
For marketing year (MY) 2015/16 (May to April), Post’s estimate for total rice area and production is unchanged at 11.8 million hectares and 34.8 million tons.
Timely and adequate 2015 monsoon rainfall through early July has supported planting of grains, including rice and corn, in the ongoing MY 2015/16 kharif season (fall/early winter harvest).