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Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.
Post forecasts that consumption and imports of corn, wheat and rice in Malaysia will slightly increase in Marketing Year (MY) 2023/24, in line with population growth and normalization of the market.
The Normalized Difference Vegetation Index (NDVI) chart by region as of March 10, 2022, shows a normal vegetation index on the Mediterranean coast and a below normal NDVI in the high lands. The Algerian government again increased domestic procurement prices of grains from farmers to encourage production and grain collection.
Post forecasts that consumption of corn and wheat in Malaysia will marginally increase in Marketing Year (MY) 2022/23, assuming an eventual stabilization of commodity prices following the disruption caused by the crisis in Ukraine.
Post forecasts that consumption of corn and wheat in Malaysia will gradually rebound in marketing year 2021/22 with rice consumption slightly down as consumers return to eating outside the home.
The Minister of Agriculture indicated that Algeria’s (2020-2021) agricultural season foresees a good crop harvest if supplemental irrigation is well implemented.
Post expects MY 2020/21 corn imports to reach 4.08 million metric tons (MT) due to steadily growing demand for poultry feed. MY 2020/21 wheat imports are expected to increase only slightly...
Algeria’s grain crop conditions are good overall should climatic conditions improve in the coming months.
Ministry of Agriculture reported favorable early prospects for the grain crop should good climatic conditions continue.
The Government of Algeria (GoA) introduced a temporary additional safeguard duty (DAPs) to replace the import ban established in January 2018.
Post expects MY 2019/20 corn imports to reach 4.15 million metric tons (MT), up 4 percent from the previous year, due to steadily growing demand for poultry feed.
For 2017/18, total overall imports of corn into Malaysia are forecast to increase to 4 million tons.