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G7 Agricultural Ministers Meeting; NAEGA Event Gathers Local Grain Traders in Tokyo; ATO Japan Holds First Food Ingredient Seminar in Tokyo; Natto Competition Award Ceremony
MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.
Production of rice, beans, and pulses is forecast to decline in MY 2015/16 due to unfavorable weather conditions.
Post continues to forecast MY 2016/17 wheat production at 88 million metric tons (MMT) based on the initial harvest reports from the major producing states.
According to Statistics Canada planting intentions and assuming average yields, Post forecast total production of wheat, barley, corn and oats to reach 53.6 million metric tons (MMT) in 2016/2017.
Australian wheat production in 2016/17 is forecast at 24 million MT, around the same level as the previous year.
Total wheat production increased 8% in MY2015/2016 reaching 1.6MMT. Production is expected to decrease on MY2016/17 as prices for domestic producers declined in MY2015/16.
Corn production and area harvested were pared down in MY14/15 and MY15/16 to reflect the effects of prolonged dryness bought about by the El Nino weather disturbance.
According to media reports, Algeria’s grains harvest for the current crop year reached 4 MMT up 14.3 percent compared to last year’s crop in spite of unfavorable weather conditions.
September 1 - 3, 2015, OAA Algiers hosted a three-day workshop that focused on USDA’s grading standards for corn, soybeans, and wheat.
On August 17, 2015, the Ministry of Agriculture (MoA) revised the Indian crop year (ICY) 2014/15 (July-June) grain production estimate to 252.7 million metric tons (MMT).