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The early advance of the southwest monsoon and sufficient well-spread rains through July across the country have supported a significantly faster pace of sowing (18 percent increase over last year)...
FAS Moscow decreased its April 2018 total grain production forecast by 13.8 million metric tons (MMT) to 109.9 MMT based on reports of reduced area and cold and rainy conditions in some regions....
On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.
South Africa’s corn exports are projected to drop to 1 million tons in the 2018/19 MY, as post expects a decrease in commercial production, due to a cut in area planted.
Unexpected weather conditions between April and June led to slightly lower wheat and barley production forecasts, while late spring rain helped the corn crop.
For marketing year (MY) 2018/19, feed consumption is forecast to increase slightly, as the domestic pork industry rebounds and growth continues in the aquaculture sector.
Indonesia’s rice imports are expected to reach 2 million tons in 2017/18 due to low stock levels and increased competition from corn plantings.
MY 17/18 corn production is estimated lower at 83 MMT, due to late-planted safrinha corn, reduced crop inputs, and dry conditions in some states.
Colombia recently increased their biofuel blend mandate to 10 percent for most of the country.
This report contains revised production and trade forecasts for MY2018/19 as well as updated trade and consumption estimates for MY2017/18.
Overall grain production is expected to fall in MY2018/19 due to weather-stress and a flurry of domestic support and trade policy developments.
The winter wheat and barley harvests began earlier than usual in 2018. As of June 21, about 47 percent of barley and 4 percent of wheat areas were harvested.