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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
Rice consumption continues to decline due to a shrinking population and reductions in per capita consumption.
Corn production in 2019/20 is up 20 million tons from July’s projection to 250 million tons, as area harvested and yield are adjusted higher.
Egypt wheat production is still forecast at 8.77 MMT in MY 2019/20, up from 8.45 MMT in MY 2018/19 due to expansion of total area harvested.
Japan’s Ministry of Agriculture, Forestry, and Fisheries (MAFF) confirmed Japan’s first outbreak of Spodoptera frugiperda, or Fall Armyworm (FAW).
While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent.
Following the completion of the wheat harvest, Post has revised the wheat production forecast down to 17.25 MMT in MY 2016/17.
Post concurs with the official USDA estimates for wheat and rice. For corn, production was pared down slightly from 8.0 million tons to 7.9 million tons in MY 2016/17.
Total rice production for MY 2015/2016 is down about a million tons, due mainly to the impact of drought weather conditions caused by El Nino, which lowered mainly the spring crop production...
In August 18, 2016, the Philippine Supreme Court (SC) issued its final ruling which reversed its December 8, 2015 decision that stopped the field testing, propagation, commercialization, and...
At a combined $23.8 billion, China and Hong Kong represent 18 percent of U.S. agricultural exports to the world, up from 10 percent just a decade ago.
On August 2, 2016, the Ministry of Agriculture (MoA) released its Fourth Advance Estimate for Indian Crop Year (ICY) 2015/16 (July/June).