Browse Data and Analysis

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.

New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.

Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.

On March 27, 2025, China’s National Health Commission (NHC) and the State Administration for Market Regulation (SAMR) jointly released the National Food Safety Standard Edible Starch (GB 31637-2025).

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 April 8, 2025, the People’s Republic of China (PRC) National Crop Variety Registration Committee (CNCVRC) published a third variety registration list for genetically modified (GM) corn and soybeans.

FAS Rangoon forecasts Burma’s rice and corn production to increase in MY 2025/26 due to improvement in average yield, driven by favorable weather and flood recovery compared to MY 2024/25.

While per capita grain consumption in Korea remains steady, or declining in the case of rice, increased manufacturing of K-food for exports drives total consumption, offsetting decreases in other sectors.

FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.

Post forecasts MY 25/26 China corn production at 300 MMT, up 1.7 percent from MY 24/25, while corn imports are forecast at 8 MMT, lower than MY 23/24 levels due to China’s focus on grain self-sufficiency.

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.

In MY2025/2026, Taiwan’s wheat imports are forecast at 1.38 MMT supported by Taiwan consumers’ preference for more diverse food offerings including wheat-based products and a vibrant baking industry.