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MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.
In January 2024, Nigeria approved the commercial release of four TELA maize varieties, which have been genetically engineered for improved insect-resistance and drought-tolerance. In addition to South Africa, Nigeria has become the second country in...
Argentine wheat production for marketing year (MY) 2023/2024 is estimated at 15.4 million tons, 400,000 tons higher than USDA official as yields were higher in the final phase than earlier expected. Corn production for MY 2023/2024 is projected at 57...
Wheat, corn, and barley production in MY 2023/24 are forecast at or near record levels due to favorable weather during much of the growing season. Consequently, import demand for these three grains is projected lower year-to-year. Similarly, rice...
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.
Winter conditions have caused historic snowfall and record-low temperatures across East China.
2017/2018 corn production is forecast lower at 92 million metric tons (MMT), mainly due to reduced area for first- and second-crop corn and an expected return to normal yields.