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.

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.

Import permits for genetically engineered (GE) corn from the United States are once again issued by South Africa. After a mid-summer drought that caused a 22 percent drop in production, South Africa needs to import corn to supplement domestic production.

A tale of two is emerging for wheat and barley growers in Australia. Those in the eastern states have entered the MY 2024/25 planting season with good soil moisture and a particularly good fall break with widespread rains in the first week of April.

A tale of two is emerging for wheat and barley growers in Australia. Those in the eastern states have entered the MY 2024/25 planting season with good soil moisture and a particularly good fall break with widespread rains in the first week of April.

El Niño conditions for Australia remain present, but this has been pushed aside in late spring and early summer after the eastern states received above-average rainfalls. This situation has prompted a rise in the sorghum production forecast for MY 2023/24 to 1.8 million metric tons (MMT), and the rice production forecast remains strong at 522,000 metric tons (MT) with the support of ample irrigation water.

South Africa’s sorghum imports are expected to be elevated over the next two marketing years on lower production coupled with lower stocks as production continues to decline. Sorghum production in South Africa dropped over the past two decades as...

Wheat and barley crops have had a great start to the season, with high soil moisture reserves and good rains in the fall. But rainfall has been well below average from July to September 2023.

Post estimates marketing year (MY) 2023/24 wheat consumption to decrease to 4.5 million metric tons (MMT) or 10 percent from USDA's official estimate.

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.

Rice import for MY 2023/24 is forecast to increase by 4 percent as flooding curbs domestic production and increases imports.

After a record setting winter crop in marketing year (MY) 2022/23, Australia is expected to produce a more subdued, but still strong grain crop in MY 2023/24.