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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.
Graphic showing the percentage of U.S. agricultural production which is exported overseas. All told, more than 20 percent of U.S. agriculture is exported.
Mexican wheat and rice production estimates for marketing year (MY) 2018/19 have been revised downward, as planted area for both crops is lower than previously expected.
The spring planting which started in late April in Bosnia and Herzegovina (BiH) is still ongoing. The 2018/2019 corn will be planted on approximately 175,000 hectares (ha) versus the 194,113 ha....
MY 2018/19 (April-March) wheat production estimate has been raised higher to 95 million metric tons (MMT) on reports of higher yield realization in northern India.
For marketing year 2018/19, Argentine wheat production is forecast at a historic high of 20 million tons driving record exports of 14.2 million tons.