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Turkiye’s MY 2025/26 wheat and barley production, most of which are grown without irrigation, are projected to decline year-on-year due to limited rainfall during the fall and winter months and prospects of more dry weather.
Sustained rainfall due to a subsiding El Nino and a weak La Nina that is predicted to last until April 2025 will likely lead to increased rice and corn production in 2024/25.
In marketing year (MY) 2024/25, Turkiye’s wheat, barley, and corn production is forecast to contract year-over-year due to drier-than-normal weather conditions during the growing season.
In marketing year (MY) 2024/25, Turkiye’s wheat, barley, and corn production is forecast to contract year-over-year due to drier-than-normal weather conditions during the growing season.
Indonesia’s 2024/25 wheat imports are forecast to decline 8 percent from 2023/24, when higher demand from feed mills, consumption of wheat flour-based food from major events in early 2024, and demand for cheaper alternatives to rice drove wheat imports up to new record highs.
Turkiye’s overall production of grain for marketing year (MY) 2024/25 is forecast to drop year-over-year due to drier-than-normal weather conditions across most of the country.
Driven mainly by higher demand from feed mills, higher consumption of flour-based food during the consecutive religious festivities and general election, as well as demand for alternative staples cheaper than rice and trending flour-based foods, Indonesian wheat imports in 2023/24 are estimated to break record levels at 12.6 million metric tons (MMT).
Dry weather conditions between April and June in Turkiye’s grain-growing regions have resulted in decreased production forecasts for Marketing Year (MY) 2024/25. The Turkish government recently announced procurement prices for wheat and barley, as...
As of June 6, 2024, Turkiye has announced the suspension of wheat imports under the Inward Processing Regime from June 21-October 15, 2024. It also liberalized exports of milling wheat, durum wheat, and barley. In the same announcement, the Turkish Grain Board (TMO) announced new intervention prices for wheat and barley.
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.
Production volumes of wheat and barley in marketing year (MY) 2024/25 are forecast to remain unchanged compared to last year, while corn production is expected to drop year-to-year by 1.2 million metric tons (MMT) as farmers switch to growing more profitable crops, such as cotton and other row crops.
The Red Sea conflict is not expected to pose significant threats to Indonesian grain imports. Driven by demand from the recent general elections, as well as high local corn prices, imports of wheat for food and feed consumption are estimated to...