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For marketing year 2019/20, wheat production is forecast at a record 20.4 million tons with exports expected at 14.5 million tons.
Rice trading resumed with steady rice export prices. Another Thai-Chinese government-to-government shipment of white rice has reportedly been settled.
Kazakhstan grain production is expected to be flat this year as Kazakhstan continues its crop diversification strategy and gradually reduces wheat area.
The UAE’s overall consumption of grain and feed is projected to grow moderately over the next year. FAS Dubai (Post) forecasts all UAE wheat imports in MY2019/20 at 1.6 million metric tons (MMT)....
Rice export prices declined around 1 percent due to the lack of new inquiries.
Persistent dry weather and lingering uncertainty about prices at harvest are likely to delay planting of the MY2019/20 corn crop for the second consecutive year in North East China....
On March 13, 2019, Taiwan completed Simultaneous-Buy and Sell (SBS) tenders for 18,500 tons of U.S.-origin rice at $108 per ton.
Milled rice production for MY 2019/20 is projected at 1.4 million metric tons (MMT). Post projects MY 2019/20 imports at 1.5 MMT, a new record.
Production of rice and corn in Burma is forecast to increase in MY 2019/20 due to expansion of planting areas.
Wheat consumption in Haiti during Marketing Year (MY) 2019/2020 (July 2019/ June 2020) is forecast at 415,000 metric tons (MT).
On March 5, 2019, the Implementing Rules and Regulations (IRRs) of the Rice Tariffication Act were signed, specifying how the Philippines will replace its quantitative restrictions on rice imports....
U.S. rice stands to make gains in MY 2019/20 as the Government of Ghana (GoG) announces a 50 percent downward review of import benchmarks at the ports.