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- (-) January 2015
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Export prices declined around 1 percent in anticipation of the government’s announced tender of approximately 1 million metric tons.
MY 2014/15 wheat consumption and imports remain unchanged at 3.7 million and 3.9 million tons respectively.
Over late 2014, prospects for Australian winter grains crops worsened as a result of continued dry weather. Both yields and the volume of production were affected.
Export prices remain unchanged due to quiet trading while traders are waiting for new tender of government’s rice stocks which may take place by the end of January 2015.
On December 24, 2014, Taiwan awarded partially 9,100 MT of the first 2015 U.S. rice Country Specific Quota (CSQ) Simultaneous-Buy and Sell (SBS) tender.
Export prices for most grades of rice are basically unchanged from the previous week except for fragrant rice.
The United States won contracts totaling 60,067 MT (milled) of rice, worth $62 million, under the 2014 Minimum Market Access agreement.
Favorable weather conditions throughout Mexico’s crop producing regions have resulted in higher production expectations in marketing year (MY) 2014/15 for corn and rice.
Export prices increased 1 to 2 percent due to tighter domestic supplies while the G-to-G rice shipments continued.
Export prices remain unchanged due to inactive trading during the holiday season.
The government of Bangladesh (GOB) gradually developed seed laws, policies, and regulations for the seed sector that eventually expanded regulatory oversight over all seed varieties.
Export prices remain unchanged due to quiet trading during the holiday season.