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The United Kingdom (UK) is forecast to have a significant increase in grain crop production in Marketing Year (MY) 2025/26. This is largely driven by a partial recovery in wheat production following a particularly low level of production in MY 2024/25.
Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.
Post doe snot anticipate major changes to forecast and estimate for Algeria's cereal production. Post anticipates that Algeria's wheat imports will surpass nine million metric tons (MMT) next season.
Unexpectedly dry weather conditions in Turkey between April and June in many regions led to lower wheat and barley production forecasts for MY 2021/22.
Weather conditions accelerated crop development and crop condition is generally described as good to excellent.
Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.
Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.
Grain production in Australia is set for a second consecutive big year of production after two years of drought.
Wheat imports for 2020/21 are revised downward to 9.5 million tons from the previous estimate of 10.0 million tons, reflecting lower inclusion rates in feed rations.
MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns.
The 2021 monsoon kicked off with some force in June, reaching four-fifths of the Indian subcontinent.
Intense heatwaves, strong winds, and lower-than-average precipitation will negatively impact MY 2021/22 wheat production in vast areas of the Canadian prairies.