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Brazil is set for another record-breaking grain harvest. Post maintains its corn planted area forecast at 22.5 million hectares for MY 2022/2023 and corn production is forecast at 125.5 MMT for MY 2022/2023, up 8 percent from the estimated 116 MMT for MY 2021/2022.
In the marketing year 2022/23, wheat production increased more than 50 percent from the previous year to 33.8 million metric tons on increased area planted and higher yields due to improved soil moisture.
Australia is set for a third consecutive record grain crop, and strong exports. Wheat production is estimated to have reached a record 37 million metric tons (MMT) in marketing year (MY) 2022/23, while barley is estimated to achieve 13.5 MMT of production, the fourth largest on record.
The Government of Morocco continues to subsidize bread wheat imports based on a fixed flat-rate premium. This measure is valid until April 30, 2023, and is intended to maintain low bread prices and encourage stock building.
Turkey’s production of wheat, corn, barley and rice in MY 2022/23 are all forecast higher compared to the previous year.
Corn production in MY2022/23 is revised up slightly based on National Bureau of Statistics data indicating a better harvest in the North China Plain which more than offset smaller yields in the northeast.
In marketing year (MY) 2022/23, Post’s rice harvested area and production forecasts increased slightly to 11.55 million hectares and 35.85 million metric tons (MT), respectively, on a good Aman season harvest.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Romania is strengthening its position as a grain producer and as a leading exporter among EU member states for wheat and corn.
Post is forecasting total production of wheat, barley, corn, and oats to reach 52.6 million metric tons (MMT) in 2017/2018, a seven percent decrease from 2016/2017 production levels of 56.7 MMT.
The UAE’s overall consumption of grain and feed is projected to grow nearly 6 percent over the next year.