Browse Data and Analysis

The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending of U.S. dollars outside of Nigeria.

Post estimates Vietnam’s wheat imports volume in the MY 2015/2016 at 2.60 million tons, an increase of about 300,000 tons compared to MY 2014/2015 imported volume.

Post expects marketing year (MY) 2015/16 Indonesian wheat imports to increase by 1.6 percent to 7.6 million metric tons (MMT), compared to 7.478 MMT in MY 2014/15.

Assuming average weather conditions during the growing season, FAS/Moscow forecasts Russia’s 2016 grain and pulses production at 101 million metric tons (MMT), a 2 percent decrease...

Export prices increased around 1 percent due to the strengthening of the Thai baht and tight domestic supplies.

Wheat production for crop 2016/17 is forecast at 1.0 million tons, lower than the previous year due to expected low farmer returns.

Total Poland production of grain for marketing year (MY) 2016/17 is forecast to increase by about 6 percent to 29.5 million metric tons (MMT).

Export prices increased slightly due mainly to the strengthening of the Thai baht despite quiet trading during the Thai New Year holiday.

Ecuador’s wheat production in marketing year (MY) 2016/17 (July-June) is forecast to reach 4,000 metric tons (MT), down about 1,000 MT from the MY 2015/16 estimate.

Taiwan is essentially completely reliant on wheat and corn imports, whereas domestic production accounting for approximately 90% of the total staple rice consumed.

On March 28, 2016, the government announced an end to the floor price for corn.

Turkey’s production of wheat is forecasted at 17.5 million metric tons (MMT), barley at 5.4 MMT, corn at 5.5 MMT and paddy rice at 731,000 metric tons (MT) for upcoming marketing year (MY) 2016/17.