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A World Bank report indicates Senegalese economic growth will continue to accelerate in 2015 and 2016 due to the rebound in the agricultural sector coupled with the end of the Ebola epidemic...
2016/2017 wheat production is estimated at 6.7 million metric tons (mmt), up 17 percent from the previous year based on good weather driving better quality.
Corn production is projected to be higher than previous estimates, as farmers shifted production from sorghum to corn due to pest concerns.
For MY 2016/17 (May to April) the rice planted area and production forecast is marginally raised to 11.76 million HA and 34.58 MMT.
Post agrees with USDA’s estimation of Argentina’s 2016/17 wheat production volume (15.0 million tons) and exports (8.6 million tons).
The government of Korea has approved the use of 470,000 MT (milled basis) of rice stocks for feed use in Calendar Year (CY) 2017, a quantity more than five times larger than in CY 2016.
FAS/Moscow increased its forecast of Russia’s total grain crop in Marketing Year (MY) 2015/16 by three million metric tons (MMT) to 118.0 MMT.
Australian winter crops benefited from very favorable seasonal conditions, which boosted both production and yields.