Browse Data and Analysis

Post’s MY 2015/16 milled rice production forecast has been lowered to 100 million metric tons (MMT) on lower yields due to below normal 2015 monsoon.

Grain traders are wary of supplying wheat and barley to the government of Jordan, due to the rejection of shipment of 100,000 MT of Polish by Jordan’s Food and Drug Administration.

MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate.

The massive surge in imports of cheaper alternative feed ingredients has significantly impacted feed demand for corn in recent years according to official statistics and industry analysts.

Post continues to project the 2015/16 wheat crop at 10.2 million metric tons (mmt), slightly below USDA’s official number.

2015/2016 wheat production is forecast at 6 million metric tons (mmt), down from previous estimates due to heavy rains in the south.

For marketing year (MY) 2015/16 (May to April), Post’s rice production estimate is lowered to 34.6 million tons due to floods that affected Aman rice production...

Post revises rice production upward, despite a decline in planted area, based on record average yields of 5.33 MT/ha, due to favorable weather in September.

Dry weather is overruling the lure of high corn prices and producers’ decisions to plant more corn in the 2015/16 MY.

Corn production forecast is 6 MMT in marketing year (MY) 2015. The Turkish Grain Board (TMO) was a very active player in the market in MY 2015.

On October 19th, 2015, the Ministry of Finance issued a notification raising the basic custom duty on imports of wheat to 25 percent (ad valorem on CIF value).

With MAFF’s strong push to use rice for feed, rice used in compound feed exceeded one million metric tons in MY2014/15 for the first time on record, at the expense of wheat and corn.