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Production of rice, corn, beans, and pulses is forecast to rise in MY 2014/15 and MY 2015/16, offering greater export opportunities.
Kazakhstan’s Expected 2015 Grain Exports . . . Food Corporation Financing of Spring Sowing Campaign . . . Saiga Antelopes Killed . . . Meat Processing Facility Construction Started . . .
The Russian Government lifted duties on wheat exports beginning May 15, 2015, and expects that Russia may export an additional 1 million metric tons of wheat by the end of MY 2014/15.
Ecuador’s Foreign Trade Committee (COMEX) Resolution 012-2015 grants variable duty exemption that had been set at four percent to wheat, wheat semolina, and wheat flour imports from all origins.
With more than one million MT in MY 2013/14, U.S. corn exports regained the lead in the Saudi corn market, reaching their highest level in 15 years and capturing a 38.5 percent share of the market.
Corn and rice production are forecast to reach record levels at 226 and 209 million tons in MY 2015/16 respectively. MY 2015/16 wheat production is forecast at a near record 125 million tons.
The spring planting which started in early April is still on-going. Corn will be planted on approximately 199,500 hectares versus the 169,948 ha in 2014/2015, which is a seventeen percent increase.
he Korea-Canada Free Trade Agreement entered into effect on January 1, 2015. Korea’s total trade volume with Canada amounted to 10 billion U.S. dollars in 2014.
The report includes information that has been garnered during travel within Kazakhstan, reported in the local media, or offered by host country officials and agricultural analysts.
MY 2015/16 (May-April) rice production is projected at 34.8 million metric tons (MMT) on higher yields.
Post estimates Vietnam’s wheat import volume in the MY 2014/2015 at 2.10 million tons, a slightly increase compared to MY 2013/2014 imported volume.
Jordan’s domestic production of cereals is negligible. This report covers Jordan’s production, supply and demand of wheat, barley, corn and rice.