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While the UK exited the shadow of Brexit and COVID-19 in marketing year (MY)2021/22 and put the 40-year low wheat crop of MY2020/21 behind it, the developments in Ukraine over the past few months have brought new uncertainties to the market.
Romania is strengthening its position as a grain producer and as a leading exporter among EU member states for wheat and corn.
Post is forecasting total production of wheat, barley, corn, and oats to reach 52.6 million metric tons (MMT) in 2017/2018, a seven percent decrease from 2016/2017 production levels of 56.7 MMT.
Wheat exports for 2017/18 are forecast at 10.5 million tons, slightly higher than the previous year. Barley area for 2017/18 is forecast to drop for the second year in a row.
Burma: Rice and corn production is forecast to increase in MY 2017/18 due to increased utilization of farm mechanization and higher yielding seeds.
ruguayan beef exports for 2017 are forecast down marginally at 382,000 tons carcass weight equivalent.
For MY2017/18 wheat and barley production volumes are forecast to decrease, while corn and rye are expected to increase.
Assuming average weather conditions during the growing season, FAS/Moscow forecasts Russia’s 2017 grain and pulses production at 110 million metric tons (MMT), a seven percent decrease....
Post estimates Vietnam’s wheat imported volume for MY 2016/2017 at 4.5 million tons due to expected increase in the use of both milling and feed wheat.
Rice production for MY 2017/18 (May-April) is forecast at 34.7 MMT on higher yields. Wheat production for MY 2017/18 (July-June) is forecast at 1.3 MMT on higher planted area....
In MY2017/18 wheat imports are forecast to reach 1.3 MMT. Barley consumption is expected to decrease by eight percent to 845 TMT, as ranchers reduce their herds due to a slowdown in demand....
Prospects for Algeria’s wheat and barley crop remain mostly average despite multiple bouts with dryness throughout the year and with the next 30 days being a critical period.