Browse Data and Analysis

Wheat production in marketing year (MY) 2025/26 (July-June) is projected at just over 10,000 metric tons (MT), a decline from the previous year. With only about 5,000 hectares (HA) dedicated to cultivation, Ecuador’s wheat production is insufficient to meet domestic demand and thus dependent on imports.

In 2023, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat, but has reduced subsidies for fertilizers, pesticides, and minor equipment for small producers.

The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.

In 2022, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat as well as began subsidizing the price of fertilizers for small producers.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

The Government of Ecuador continues defining the yearly minimum price for local production of corn, rice, and wheat. The Minister of Agriculture supports the reduction of corn area and the shift to other crops that are mainly focused on the export market.

The Russian Federation approved a law establishing the Unified State Traceability System for Grain and Grain Products, which will come into force January 2022.

Post forecasts Russia's grain and feed production for the coming year.

The Government of Ecuador has fully eliminated the support program for corn production, but continues to define the yearly minimum price for producers

Russia notified the World Trade Organization (WTO) of draft amendments to the Eurasian Economic Union (EAEU) veterinary regulations regarding some dairy products and feed additives...

Recent measures intended to dampen domestic food price increases by inhibiting grain exports were adjusted by Decree #33 signed on January 23, 2021.

As part of its package of measures to reduce food prices adopted in December 2020, the Russian government issued a number of decrees to restrict exports of some grains and oilseeds...