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With Brazil continuing to produce record corn crops, Post forecasts corn production for MY 2023/24 at 131 MMT, up 1.6 percent from the current season. However, falling profit margins and ongoing infrastructure and logistics hurdles may impact the next harvest’s outcome.
Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are revised upward, while wheat production is forecast lower at 3.4 million metric tons.
This report contains revised production and export forecasts for MY2023/24 by Post
Zimbabwe’s corn crop for marketing year 2023/24 is estimated at 1.5 million metric tons. This represents an increase of five percent from the previous marketing year’s crop, mainly due to a normal rainfall season in the northern parts of the country.
On September 17, 2020, the Bulgarian Ministry of Agriculture (MinAg) reported the 2020 wheat harvest at 4.63 million metric tons (MMT), a 21-percent decline from marketing year (MY) 2019/20.
FAS Amman forecasts Jordan’s wheat imports in marketing year (MY) 2020/2021 to reach 900,000 metric tons (MT).
The dual crises of the COVID-19 pandemic and African Swine Fever have impacted the Philippine hog and chicken sectors, traditionally the strongest performers in the agricultural economy.
Feed production is projected to increase slightly, reflecting stable livestock production and a slight increase in poultry production.
Wheat production for Marketing Year (MY) 2019/20 is revised upward based on favorable weather conditions and water supplies in Mexico's main producing state.
FAS Cairo (Post) forecasts Egypt’s wheat production in marketing year (MY) 2020/2021 (July-June) to reach 8.9 million metric tons (MMT), up by almost 1.5 percent compared to 8.77 MMT...
On August 19, 2020, the Ministry of Agriculture and Farmers Welfare (MoAFW) raised the Indian crop year (ICY) 2019/20 (July-June) grain production estimate to a record 296.7 million metric tons...
MY2020/21 rice production is revised down to 18.6 million metric tons due to limited water supplies.