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Marketing year 2023/2024 wheat production is expected to drop sharply to around three-quarters of last year’s level as a result of the June drought and excessive rains in the fall of 2023 that affected Kazakhstan’s major grain producing Northern region.
Argentine wheat production for marketing year (MY) 2023/2024 is estimated at 15.4 million tons, 400,000 tons higher than USDA official as yields were higher in the final phase than earlier expected. Corn production for MY 2023/2024 is projected at 57...
Wheat, corn, and barley production in MY 2023/24 are forecast at or near record levels due to favorable weather during much of the growing season. Consequently, import demand for these three grains is projected lower year-to-year. Similarly, rice...
Post maintains its estimate of Algeria’s wheat plated area at just over 2 million hectares for the entire country. For the MY 2024/25, Post projects production for wheat and barley to remain in line with the current MY of 2.7 million MT of wheat and 1.02 million MT of barley.
Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are increased, while wheat production is forecast lower based on less planted area.
In response to wheat prices that have surged in recent months and to build stocks, the Government of Morocco introduced a support program for the import of 2.5 million MT of common wheat.