Browse Data and Analysis

Ukraine’s MY2023/24 harvest features higher grain production volumes across the board than the previous year. By the end of 2023, Ukraine independently resumed operations of its major marine ports on the Black Sea, Chornomorsk, Odesa, and Pivdennyi...

Corn and wheat production for marketing year (MY) 2023/2024 are forecast lower based on less planted area and unfavorable weather conditions. Rice and sorghum production are forecast to increase.

Corn exports in 2023/24 are forecast to reach 1.5 million tons. The good harvest and decrease in poultry feed demand resulted in a large exportable surplus at competitive prices. Vietnam, Malaysia, and Sri Lanka are the top destinations. Feed consumption in 2023/24 is reduced from 7.7 to 6.6 million tons.

Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.

Heavy rainfall in late summer led Post to increase Marketing Year (MY) 2023/24 corn production upwards by 4.2 percent. Post estimates corn feed and residual use at 223 Million Metric Ton (MMT) due to decreasing feed demand and low corn prices.

On December 26, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 85 seed production and operation licenses, including 26 genetically engineered (GE) corn and soybean seed production and operation licenses.

Jordan’s MY 2023/24 wheat imports are forecasted to reach 1.25 million MT -- with Ukraine, Romania, and Russia dominating wheat imports in the first seven months of calendar year 2023.

Russia has harvested its largest grain crop in nearly 40 years, exceeding 134 MMT according to official reports and moving Russia into the number one position of global wheat exporters.

Israel is almost completely dependent on imports to meet its grain and feed needs.

With new mature area entering full production and expectations for above trend yields, the 2017/18 palm oil production forecast is maintained at 38.5 million tons, a 5.5 percent increase from 2016/17.

Ghana is a net importer of both rice and wheat. Post estimates Ghana’s rice imports in 2017/18 at 550,000 MT, down slightly year-to-year due to growing domestic production.

MY 2017/18 (May-April) rice production is forecast down slightly to 32.65 million metric tons on lower Aman variety production caused by unexpected rain during the grain maturing stage.