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MY 2014/15 wheat consumption and imports remain unchanged at 3.7 million and 3.9 million tons respectively.
Post continues to estimate wheat production for 2014/15 at 12.5 million tons, 500,000 tons higher than USDA, on 4.2 million hectares, 100,000 hectares higher than USDA.
2014 saw near-record imports of U.S. agricultural products into Taiwan, valued at $3.79 billion (based on Taiwan customs data).
The Government of Ethiopia (GOE) and major relief food aid agencies are mobilizing resources to procure corn-soya blend (CSB) as part of the drought relief effort.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.
Favorable weather conditions throughout Mexico’s crop producing regions have resulted in higher production expectations in marketing year (MY) 2014/15 for corn and rice.
The EU's Renewable Energy Directive is spurring demand for biofuels, but a series of actions have been imposed to stymie trade of bioethanol and biodiesel.
Guatemala has no laws to promote biofuels development, but the country is the strongest potential producer of biofuels in Central America.
Information on the Egyptian market for U.S. exporters of food and agricultural products. Prospects for U.S. bulk commodities and intermediate products remain positive in 2013.