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After a record harvest last year in Turkey, grain stocks are full.
MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.
Production of rice, beans, and pulses is forecast to decline in MY 2015/16 due to unfavorable weather conditions.
Post continues to forecast MY 2016/17 wheat production at 88 million metric tons (MMT) based on the initial harvest reports from the major producing states.
According to Statistics Canada planting intentions and assuming average yields, Post forecast total production of wheat, barley, corn and oats to reach 53.6 million metric tons (MMT) in 2016/2017.
Total wheat production increased 8% in MY2015/2016 reaching 1.6MMT. Production is expected to decrease on MY2016/17 as prices for domestic producers declined in MY2015/16.
In 2008, El Salvador abolished the Planting Seed Law that required imported seeds to have a phytosanitary certificate with an additional declaration stating that the seeds did not contain GMOs.
Since January 2014, the Burkinabe National Biosafety Agency (NBA) has been converting the status of the organization to a technical and scientific public institution (EPSET) for greater autonomy.
From October 2013 – June 2014, Taiwan imported over 1,600 thousand metric tons (TMT) of U.S. corn, exceeding Post estimates.
Following a near six month regulatory review, the Vietnam Minister of Agriculture signed the first four Certificates for Food and Feed Safety for four genetically modified corn traits.
The Ministry of Agrarian Policy and Food of Ukraine and the local production and milling industry once again came to an agreement on grain export management for the new marketing year.
FAS/Moscow increased the previous Russia total grain crop forecast for MY 2014/15 by 5 million metric tons (MMT) to 99 MMT.