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The wheat and barley harvest is continuing in Turkey, approximately two weeks behind the normal harvest schedule this year. Wheat production is forecast at 17.25 Million Metric Tons (MMT), and barley production is forecast at 7.4 MMT in Marketing Year (MY) 2022/23. The first corn crop planting finished with total corn production forecast at 6.2 MMT.
Wheat imports for 2021/22 are revised upward to 11.2 million metric tons (MMT) from the previous estimate of 11.0 MMT, reflecting recovering demand for flour-based foods. In line with increased imports, food, seed, and industry (FSI) wheat consumption is also revised up 2.2 percent to 9.1 MMT of wheat equivalent.
Post forecasts marketing year (MY) 2022/2023 rice harvested area at 11.5 million hectares and production at 35.65 million metric tons (MT), down slightly from the USDA official numbers due to crop damage resulting from heavy floods in the northern part of the country. Local prices of rice, wheat, and corn hit record highs in July 2022.
On June 29, 2022, the European Commission (EC) approved one genetically engineered (GE) crop (maize) for food and animal feed. The authorization was published in the European Union’s Official Journal on July 1, 2022 and remains valid for 10 years.
The sharp upsurge in the cost of farming inputs for corn farmers in South Africa intensified the risk of production in a weather dependent industry, despite record-high commodity prices. As a result, Post forecasts that South Africa’s corn area will stay flat in marketing year 2022/23. However, South Africa should maintain its status as a net exporter of corn under normal weather conditions.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
On March 16, FAS Kuala Lumpur paid a visit to Port Klang to witness discharge of U.S. corn from a Panamax cargo of 68,100 tons.
For 2016/17 total overall imports of corn into Malaysia are forecast to drop to 3.8 million tons.Even so, U.S. exports of corn are likely to increase to 150,000 tons....
Beginning February 4, 2017, Korea’s Ministry of Food and Drug Safety began enforcing biotech labeling requirements that were finalized on February 3, 2016.
In 2016, U.S. corn dominated the Colombian market supplying 99.6% of imports due to trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA).
FAS/Nairobi forecasts an increase in Kenya’s corn, wheat and rice production in the marketing year (MY) 2017/2018 mainly due to a recovery from the effects of the severe drought conditions....