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The prospects for MY2022/23 winter grain crops remain favorable due to the relatively mild winter, sufficient soil moisture reserves, and snow cover. Higher input costs, however, may have a negative impact on the average yields due to expected lower application of inputs.
Post revised down its 2021/22 forecast corn harvest to 113 million metric tons (MMT) on the account of disappointing first-crop corn volumes. Consequently, the corn export forecast is also lowered to 42 MMT.
Post forecasts a 31-percent increase in Thai rice exports and a 17-percent decline in corn imports.
China’s overall feed production is projected to rise through the end of calendar year 2022.
The Turkish government continues its efforts to rein in inflation, which was made worse in recent months by the steep depreciation of the Turkish Lira against the US dollar and drought-related grain production losses in MY 2021/22.
This report contains updated Marketing Year (MY) 2020/21 and MY2021/22 production, trade, and consumption estimates for Ukraine. According to the recent national statistical data MY2021/22 production numbers for wheat, barley, corn and rye are higher compared to MY2020/21, thus translating into higher export volumes.
South Africa should return to be a net exporter of corn in the 2016/17 MY of about 1.0 million tons on higher production.
Colombian grain production could be impacted in 2016 as the period of drought from the El Niño weather phenomena transitions to rainier conditions of La Niña.
Post forecasts a decrease in corn production in Tanzania in the marketing year (MY) 2016/2017 due to unfavorable weather forecast by the Tanzania Meteorology Agency (TMA)...
Ethiopia is dealing with the worst drought to hit the country in decades.
Forecast MY2016/17 rice and corn production is expected to provide for larger exportable supplies in 2017.
Japan’s feed industry relies almost entirely on imported grains.