Browse Data and Analysis

Export prices are steady due to light trading ahead of an expected government tender announcement in the week of March 2. Sources indicate the upcoming tender is likely to include only white rice.

Marketing year (MY) 2015/16 wheat production is forecast at 94 million metric tons (MMT), marginally lower than last year’s record production due to less acreage.

Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.

Export prices declined only around 1 percent due to lower-than-expected sales of government stocks. A new government tender for 1 million metric tons is expected by February 27.

Corn, wheat and, rice imports are expected to grow only marginally through 2015/16 in line with expectations for slow demand growth.

Export prices are steady while traders wait for the result of the one million metric ton rice tender.

Production data from the Kazakh Statistical Agency shows total grain production in 2014 at 17.2 million metric tons (MMT) and total wheat production at 13 MMT, down 6 percent from last year.

MY 2014/15 (May-April) rice and wheat production estimates are unchanged at 34.5 and 1.3 million metric tons (MMT).

Wheat production is increased 250,000 metric tons (MT) on stronger than expected durum yields in southeast Anatolia.

The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.

Post expects wheat, and rice imports to be tight due to availability of foreign exchange.

Thai rice exports reached a record 11 million metric tons in 2014 driven by the sales of government stocks.