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Marketing year 2023/2024 wheat production is expected to drop sharply to around three-quarters of last year’s level as a result of the June drought and excessive rains in the fall of 2023 that affected Kazakhstan’s major grain producing Northern region.
Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Rice export prices decreased 1-3 percent mainly due to further weakening of the Thai baht.
Rice export prices decreased 1-3 percent as the Thai baht weakened.
MY2023/24 rice and corn production forecasts remain unchanged. MY2023/24 wheat imports are revised up to 3.0 MMT.
Rice export prices decreased one percent despite the strengthening of the Thai baht.
Argentine wheat production for marketing year (MY) 2023/2024 is estimated at 15.4 million tons, 400,000 tons higher than USDA official as yields were higher in the final phase than earlier expected. Corn production for MY 2023/2024 is projected at 57...
Wheat, corn, and barley production in MY 2023/24 are forecast at or near record levels due to favorable weather during much of the growing season. Consequently, import demand for these three grains is projected lower year-to-year. Similarly, rice...
FAS/Moscow increased its April 2016 grain production forecast by seven million metric tons (MMT) to 107.7 MMT.
The EU grain harvest is now under way in most Member States.
Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25.
Export prices declined around one percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25.