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FAS/Tokyo estimates lower wheat and barley production in Marketing Year (MY)2024/25 from the previous year as unfavorable weather conditions and disease outbreak have reduced yields in main production regions.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks.