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Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.
Interactive Tableau visualization showing the growth in exports of several key bulk agricultural commodities since 1989.
Despite lower production in marketing year (MY) 2022/23, Zambia’s production of its staple crop, corn, will be sufficient to meet domestic demand. Zambia’s corn crop is forecast to decline by 25 percent to 2.7 million metric tons (MMT) in MY 2022/23, after producing a record crop 3.6 MMT in MY 2021/22.
The high number of rainy days and unusually cool November slowed the corn harvest; about 10%-20% of corn was estimated to be still in the fields at the end of November.
The spread of Maize Lethal Necrosis (MLN) in the maize growing regions of Eastern Africa has intensified since the first outbreak was reported in September 2011 in Kenya.
Ghana is a net importer of rice and wheat. Post forecasts rice exports to Ghana in MY 2014/2015 to reach 600,000 MT.
Post forecasts that China's broiler production will fall as demand declines due to lower prices and food safety concerns.
Based on industry data, Post revises marketing year (MY) 2012/13 Indonesian wheat consumption to 6.8 million metric tons (MMT) of wheat equivalent.
As Japan’s Ministry of Finance announced import statistics ending June 2014 for wheat, Post has finalized the 2013/2014 marketing year (MY) import number in its PS&D.
Based on the officially reported data on the progress of the Russian grain harvest, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 1 million metric tons to 102 MMT.
Nigeria’s wheat demand continues to rise and is attracting more third-country suppliers of inexpensive wheat. Imports for 2013/2014 have been adjusted to 4.55 million metric tons.
The Canadian renewable fuels industry is coming close to reaching its medium term domestic production capacity.