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FAS (Post) forecasts Venezuelan market year (MY) 2025/2026 corn production to reach 1.2 million metric tons (MMT), a 14 percent decrease year-on-year due to a significant drop in seed availability for the summer planting season.
Post anticipates that Algeria’s wheat and barley production will remain stable in the 2025/26 season. Post forecasts Algeria’s wheat imports at above 9 million metric tons (MMT) in the current and next season.
Post maintains Algeria's cereal planted area and production forecast and estimates. For the coming 2025/26 crop season, satellite images highlight dryness concerns similar to the conditions experienced in recent years.
FAS estimates Venezuela corn production at 1.36 million metric tons for the new market year (MY) 2024/2025 on a planted area of 350,000 hectares. Significant economic uncertainty persists following the July 28, 2024, presidential election, and higher inflation and a scarcity of U.S. dollars will likely inhibit increased corn acreage and limit yields.
Post maintains Algeria’s cereal planted area and production estimates. Post estimates robust wheat imports for MY 2023/24, surpassing nine million metric tons (MMT).
Post maintains Algeria’s wheat and barley harvested areas unchanged in marketing year (MY) 2024/25. Sensory data shows normal vegetation in the central and eastern regions and below normal crop conditions in the western for the MY2024/25 crop.
In market year (MY) 2024/2025, FAS (Post) forecasts Venezuela’s corn production to reach 1.36 million metric tons (MMT), 5 percent higher year-on-year due to favorable weather conditions. Production increases are likely to increase despite low international prices and limited financing that will likely discourage expanded planting area.
Good vegetation conditions in the east and center regions in Algeria bode for a rebound in MY 2024/25 wheat harvest.
Based on below average rain and soil moisture conditions, Post projects lower than average wheat and barley production for the 2024/25 season. As a result, Post projects wheat imports to remain elevated. Post 2023/24 wheat import estimate aligns with...
FAS (Post) revises Venezuela corn and rice production higher for market year (MY) 2023/2024 due to improved access to higher-quality agricultural inputs and seeds, and favorable weather conditions.
Post maintains its estimate of Algeria’s wheat plated area at just over 2 million hectares for the entire country. For the MY 2024/25, Post projects production for wheat and barley to remain in line with the current MY of 2.7 million MT of wheat and 1.02 million MT of barley.
Sensory data shows another below average wheat crop in MY2023/24 due to ongoing drought and heat conditions in Algeria’s non-irrigated areas. Post forecasts MY2023/24 wheat imports at 8.7 million metric tons based on increased import demand.