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The wheat production estimate for MY14/15 is revised downward from the official USDA estimate by 600,000 metric tons to 3.8 million metric tons.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
U.S. corn exports to Colombia hit historic trade levels at 3.6 million metric tons (MT) in Marketing Year (MY) 2014 with a trade value of $861 million.
Due to several recent food safety incidents throughout Taiwan, consumers are paying more attention to their source of ingredients and willing to pay a premium price.
News on development in agriculture and food in Egypt.
MY2015/16 rice and corn production is expected to increase slightly due to average yield improvement that will offset anticipated acreage reduction.
Wheat imports are forecast to reach 3.95 million tons in MY14/15 and to slightly over 4 million tons in MY15/16 due to strong demand as a result of shifting diets of the Philippine middle class.
The marketing year (MY) 2015/16 corn production is forecast at 23.4 million metric tons (MMT).
South Africa’s net trade in corn is expected to decrease from 2.0 million tons to 100,000 tons in the 2014/15 MY, due to a mid-summer drought that hit the main corn producing areas.
The Japanese feed industry relies almost entirely on imported grains.
Ecuador’s COMEX Resolution 011-2015 (March 6, 2015) will have a significant impact on U.S. consumer-oriented export products such as beef, pork, confectionary, and fresh fruits.
Agricultural Funding Must Be Equally Accessible to Large and Small Companies . . . 'Made in Kazakhstan' Campaign Launched in Astana . . . Kazakh Foreign Minister Hopes Country Will Join WTO in 2015...