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The Government of Morocco has released its first wheat and barley production estimates for the 2023 crop, including 2.98 MMT of common wheat, 1.18 MMT of durum wheat, and 1.35 MMT of barley.
Good conditions at planting and during the early growth phase for wheat and barley production have prevailed for marketing year (MY) 2023/24. However, after a record setting winter crop in MY 2022/23, Australia is expected to produce a strong but more subdued grain crop in MY 2023/24.
Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are revised upward, while wheat production is forecast lower at 3.4 million metric tons.
This report contains revised production and export forecasts for MY2023/24 by Post
Several Spain grain supply chain actors have released their first estimates for grain production for MY 2023/24 and concur with the poor crop prospects.