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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.
Although Ecuador maintains a number of anti-biotech laws and regulations, there is minimal enforcement, and trade in cotton and soybean products continues.
Mozambique is revising its biosafety regulations, which could allow for the country's first field trials of genetically engineered crops.