Browse Data and Analysis

Nigeria’s wheat consumption continues to increase as prices of other major locally grown staples remain higher than those for wheat products.

FAS Amman (Post) forecasts Jordan’s wheat imports in MY 2017/18 to reach 1.1 million metric tons (MT).

Post projects Argentine wheat production for 2017/18 at 16.8 million tons, 700,000 tons smaller than USDA due to a significantly lower harvested area. Excess rain during the planting and growing....

Under the auspices of the US-Morocco Free Trade Agreement, on October 23, 2017, Morocco’s state cereals office (ONICL) issued the second tender of calendar year 2017 to import 30,000 MT....

Post contacts confirmed recent press reports that Mexico has reached agreement on a phytosanitary protocol to import wheat from Argentina, and that one trial shipment is scheduled for later this year.

FAS/Astana estimates wheat production in Kazakhstan in MY 2017/2018 at 13.5 MMT, down nearly 10 percent from Post’s estimate of 14.99 MMT for 2016/17, due largely to a decline in planted area.

Based on the latest official estimate, Pakistan’s 2017 wheat production was 25.7 million metric tons, the second largest harvest on record.

All of Turkey’s wheat harvest has been completed and Marketing Year (MY) 2017/18 total wheat area and production are estimated at 7.8 million hectares and 19.5 million metric tons (MMT).

Post has further lowered its estimate for Australian wheat production to 20 million MT for 2017/18, due to continuing adverse seasonal conditions across most cropping areas.

Given competitive prices for imported feed grains (particularly for corn) and DDGS, Japanese demand is expected to remain strong in 2017/18, with corn imports again forecast to total 15.2 million MT.

In calendar year 2017, Post estimates the total feed demand down about 15 percent compared to CY 2016.

This report contains revised estimates for MY2016/17 as well as forecasts for MY2017/18.