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FAS Accra (Post) forecasts Ghana’s MY 2025/2026 (July-June) wheat imports at 1.0 million metric tons (MMT), up five percent from the MY 2024/2025 estimate of 950,000 MT.
Cambodia’s imports of soybean meal (SBM) and dried distillers grains (DDGs) in 2024 increased 6 percent year-on-year to 173 thousand metric tons (TMT), equivalent to 9 percent of Cambodia’s actual feed production.
Ghana in 2024 has experienced drought-induced crop failures and low yields in eight out of its 16 administrative regions. FAS Accra (Post) consequently is revising up Market Year (MY) 2024/2025 import figures for wheat, corn, and rice due to reports of crop failures in some regions of the country and increased consumption.
Cambodian rice farmers shifted production in 2023/24 toward short-term dry-season rice and used more inputs, resulting in higher production. Rice exports are revised higher with strong demand from neighboring countries and expansion to new export markets.
Rice production in Cambodia is forecast to increase due to higher rice prices and the use of higher quality seeds. Rice exports to Vietnam have been surging as Vietnam mills have offered higher prices to Cambodian farmers.
Imports of wheat and rice are forecast up in MY2024/25 mainly because of increased consumption. Corn and rice production is expected to increase due to favorable weather conditions, adoption of improved seed varieties, and the implementation of the second phase of the Government of Ghana’s (GOG) farmer support program.
Foreign Agricultural Service's Phnom Penh (Post) forecasts an increase of exports of Cambodian rice in Trade Year (TY) 2023/24 due to recovery from high logistics costs and resumed relationships with export markets after the European Union’s lift of...
Foreign Agricultural Service Phnom Penh (Post) forecasts an increase of both rice and corn production in Cambodia due to lower input prices, higher animal feed prices, and a positive outlook on tourist inflow into the Kingdom.
Assurances of support from bilateral creditors and the IMF, and goodwill from the international community in helping Ghana weather the economic storm has offered a brighter hope of an economic resurgence.
The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.
Post forecasts that Marketing Year (MY 2022/23) harvested area and production will only slightly increase from the previous year due to a recovery from floods and storms, expectation of lower oil prices, and more adoption of technology.
The Government of Ghana (GOG) is pursuing the creation of a Grains Development Authority (GDA) to, among other objectives, further the development and regulation of the market for domestically produced grains and legumes.