Browse Data and Analysis

Post forecasts 2022/2023 corn production at a record 126 million metric tons (MMT) based on the growing demand and price for corn both in domestic and international market. This is up 8.6 percent on the 2021/2022 production estimated at 116 MMT.

This report contains Post’s production estimates for marketing year (MY) 2022/23, as well as final export numbers for MY2021/22. Production is down sharply as a result of Russia’s invasion of Ukraine and the impact on agriculture. Domestic consumption for all grains (both feed and food) went down as a combination of migration out of the country, decreased disposable incomes, and destroyed animal production facilities in the areas of military activity.

FY2022 agricultural exports reach record levels.

Post forecasts that South Africa’s corn area will stay flat in marketing year 2022/23. The current high input cost environment and an upsurge in soybean plantings are deterring any bullish outlook in expanding corn area, despite record high commodity prices and three consecutive bumper crops. Higher farming input costs are escalating the risk of production in a weather-dependent industry.

On September 8, 2021, the Indian government raised its minimum support prices (MSP) for the select rabi (winter-planted) crops, including wheat. FAS New Delhi (Post) forecasts marketing year (MY) 2022/2023 (October-September) rice production at 122 million metric tons (MMT), down six percent compared to last year, due to unseasonal rains in October resulting in water lodging as the rice crop nears harvest.

FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.

Assuming average weather conditions during the growing season, FAS/Moscow forecasts Russia’s 2018/19 grain and pulses production at 123.68 million metric tons (MMT), 10.3 MMT less....

On March 16, 2018, China notified the World Trade Organization (WTO) of the draft Code of Practice for the Prevention and Reduction of Aflatoxin Contamination in Food, as SPS/N/CHN/1068.

This report contains an unofficial translation of Tunisia’s import requirements for corn and soybean meal.

On April 17, 2018, Japan’s Ministry of Economy, Trade and Industry (METI) announced a revision to its biofuel policy that creates a market opportunity for up to 366 million liters....

For 2017/18, total overall imports of corn into Malaysia are forecast to increase to 4 million tons.

The Algerian Ministry of Agriculture reported favorable early prospects for the MY2018/19 winter grain crop.