Browse Data and Analysis

MY2020/21 wheat production is forecast at 17.4 million tons, 8 percent lower than USDA due to weather losses, reducing exports to 11.2 million tons.

Wheat production for marketing year (MY) 2020/21 is forecast at 20 million tons on reduced planted area.

Wheat production for 2020/2021 is projected at a record 20.2 million tons on a 2 percent area increase with exports of 13.4 million tons (including wheat flour), the second largest in history.

A new government policy raising export taxes for agricultural products from 6.7 percent to 12 percent in December 2019 drives advanced MY19/20 grain crop sales.