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India’s upcoming rabi (winter sown, spring harvested) crop acreages has been boosted to record levels on adequate 2022 monsoon rains in October and generally favorable weather conditions.
Wheat exports for marketing year (MY) 2022-2023 are forecast at 6.2 million tons (including wheat flour), 1.3 million tons lower than USDA’s official volume because of smaller beginning stocks, larger domestic consumption and larger ending stocks.
FAS Rangoon forecasts Burma’s corn production lower due to rising production costs, unstable security conditions in some production areas, and unfavorable weather especially in Shan State.
FAS Bangkok revised its forecasts for MY2022/23 rice production higher to 20.2 million metric tons due to abundant water supplies and attractive farm-gate prices for off-season rice production. Thai rice exports in 2022 were higher than expected at 7...
Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT.