Browse Data and Analysis

Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.

Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.

MY 2022/23 has been overshadowed by the developments in Ukraine. However, high UK grain prices supported planting despite high input prices, especially for fertilizer and fuel.

Serbian grain exports were significantly affected by the Russia-Ukraine war in 2022 because 80 percent of Serbia’s grain exports travel to the world via Black Sea ports.

FAS/Ottawa forecasts total production of wheat, corn, barley, and oats to increase one percent in MY 2023/24 from the previous year, assuming yields return closer to historic averages and a six percent increase in wheat production offsets production declines in other crops.

FAS New Delhi's (Post) market year (MY) 2023/2024 wheat production forecast is raised to a record 110 million metric tons (MMT) on reported higher-than-earlier expected yields despite some weather incidences.

Starting on May 1, Turkey’s import duties on wheat, barley, corn, and other grains will go from zero to 130 percent.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

Despite a slight reduction in planted area, 2023/2024 wheat production is forecast to reach 27.0 million tons, two percent higher than last year. With consumption growth expected to outstrip the increase in production, 2023/24 wheat imports are forecast to reach 2.6 million tons.

Recent available data indicates that Saudi Arabia imported approximately 2.7 million metric tons (MMT) of barley in the first six months of MY 2022/23 (July – December 2022), an increase of approximately 11% compared to the same period last year (2.46 MMT).

For marketing year (MY) 2023/24, Post forecasts rice harvested area and production at 11.9 million hectares and 37.1 million metric tons (MT), respectively. Post forecasts MY 2023/24 wheat imports at 6.0 million MT, with corn imports at 2.4 million MT.

In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.