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Export prices are steady due to light trading ahead of an expected government tender announcement in the week of March 2. Sources indicate the upcoming tender is likely to include only white rice.
Marketing year (MY) 2015/16 wheat production is forecast at 94 million metric tons (MMT), marginally lower than last year’s record production due to less acreage.
Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.
The Costa Rican Ministry of Agriculture (MAG) plans to gradually increase the number of pesticides tested for at their laboratory.
Israel is almost completely dependent on imports to meet its grain and feed needs.
The Government of Pakistan has allowed the export of 100,000 metric tons of subsidized wheat flour.
Export prices declined only around 1 percent due to lower-than-expected sales of government stocks. A new government tender for 1 million metric tons is expected by February 27.
Corn, wheat and, rice imports are expected to grow only marginally through 2015/16 in line with expectations for slow demand growth.
Export prices are steady while traders wait for the result of the one million metric ton rice tender.
The Peruvian Agricultural Innovation Institute has confirmed finding adventitious presence of genetically-modified (GM) corn in one corn field in northern Peru.
Production data from the Kazakh Statistical Agency shows total grain production in 2014 at 17.2 million metric tons (MMT) and total wheat production at 13 MMT, down 6 percent from last year.
MY 2014/15 (May-April) rice and wheat production estimates are unchanged at 34.5 and 1.3 million metric tons (MMT).