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A larger than average crop this year caused Kazakhstan to introduce export subsidies for shipping wheat to Europe and other Central Asian countries effective through September 1, 2025.

Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.

On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.

Kazakhstan’s total wheat production has been revised up to 16.5 million metric tons as good weather during last year’s summer vegetative period resulted in a larger than average crop. Barley production estimates are raised slightly to 3.8 million metric tons.

Kazakh farmers are finishing harvest, having dealt with rains in early September and cold night temperatures in October that reduced overall quality but only marginally affected quantity.

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.

Biblical rain in Kazakhstan’s major growing regions has cut wheat and barley production, reducing its quantity and quality.

Kazakhstan is expected to have a bumper crop following last year’s troubled production. After heavy rains and flooding in May 2024 delayed planting, Kazakhstan’s primary growing regions have had near perfect weather, greatly raising the outlook for the upcoming fall harvest.

In MY 2023/2024, Vietnam’s rice production appears to be remained stable compared to previous year. Despite a slight decline in harvested areas because of climate change as drought and salt-instruction. By adjusting the crop calendar and adopting new rice high-yield, disease-tolerance rice varieties have led to higher yields compared to the previous year, thereby, offsetting losses from reduced harvested areas.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

Wheat production is expected to recover this marketing year as higher soil moisture raises yield. West and North Kazakhstan were impacted by heavy flooding, with the areas of Atyrau, Kostanay, and Almola most negatively affected.

In 2023, feed demand was low due to weak demand in Europe and the United States for Vietnamese produced aquaculture products. Post expects aquaculture and livestock production to rebound in the in MY 2024/25 increasing overall feed demand and as a result also increasing corn consumption. As domestic corn production remains uncompetitive with foreign imports, corn imports are forecast to grow Wheat imports are forecast to decline due to market volatility.