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Another big production year for Australian grains is forecast in marketing year (MY) 2021/22 after a strong drought-recovery year in MY 2020/21.
FAS/Ottawa forecasts more hectares of barley and durum wheat, and fewer hectares of corn, oats, and spring wheat planted in 2021.
In marketing year (MY) 2021/22, corn and rice production is forecast to increase due to greater area planted and slightly improved yields.
Marketing year (MY) 2020/21 in Ukraine resulted in lower-than-expected production volumes for all major grains (wheat, barley and corn).
Post forecasts China’s marketing year (MY)21/22 corn imports at 15 million metric tons (MMT) as market signals are encouraging additional domestic production over MY20/21 levels.
Posts projects marketing year production for wheat, barley, corn, sorghum, and rice.
In 2021, Nigeria is expected to face decreases in grain supplies due to conflict and economic factors exacerbated by the secondary effects of COVID-19. Internal security across the country is a serious challenge to food production especially in the corn belt.
After a 40-year low in marketing year MY2020/21, UK production of wheat is forecast to rise sharply in MY2021/22, at the expense of spring barley, following much more favorable year-on-year fall planting conditions.
Planting strategy in Kazakhstan for marketing year (MY) 2021/22 is expected to be similar to the previous year
MY 2021/22 wheat production is expected to decrease by 22.2 percent to 70,000 MT, while consumption is projected to increase by 2.9 percent to 1.2 million MT.
In MY2021/22 wheat imports are forecast to reach 1.2 MMT.
MY 2021/22 corn and rice production remain flat at 4 million MT and 80,000 MT (for milled rice), respectively.