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Production of rice, corn, beans, and pulses is forecast to rise in MY 2014/15 and MY 2015/16, offering greater export opportunities.
FAS/Colombia is writing a series of reports on the opportunities and challenges for agriculture under the Colombia Trade Promotion Agreement (CTPA), which went into force in May 2012.
With more than one million MT in MY 2013/14, U.S. corn exports regained the lead in the Saudi corn market, reaching their highest level in 15 years and capturing a 38.5 percent share of the market.
Corn and rice production are forecast to reach record levels at 226 and 209 million tons in MY 2015/16 respectively. MY 2015/16 wheat production is forecast at a near record 125 million tons.
The spring planting which started in early April is still on-going. Corn will be planted on approximately 199,500 hectares versus the 169,948 ha in 2014/2015, which is a seventeen percent increase.
The report includes information that has been garnered during travel within Kazakhstan, reported in the local media, or offered by host country officials and agricultural analysts.
Post estimates Vietnam’s wheat import volume in the MY 2014/2015 at 2.10 million tons, a slightly increase compared to MY 2013/2014 imported volume.
Jordan’s domestic production of cereals is negligible. This report covers Jordan’s production, supply and demand of wheat, barley, corn and rice.
MY 2015/16 wheat production is forecast lower at 87 million metric tons (MMT) compared to nearly 96 MMT in 2014/15, on expected damage from untimely rains in March/April.
Larger MY2014/15 second off-season rice production will likely offset the impact of drought on the first off-season rice crop.
Total production of wheat, barley, oats and corn in 2015/2016 is forecast to increase to 52.8 MMT (million metric tons), a 4 percent increase over 2014/2015 levels of 50.8 MMT.
U.S. ethanol exports rebounded in 2014, with value and volume both up approximately 35 percent from the previous year, although still below the record set in 2011.