Browse Data and Analysis

The Ministry of Agriculture has taken unprecedented steps to alleviate the soaring rice prices that have plagued Japan since the summer 2024 rice shortage.

Colombia’s economic recovery together with growing domestic livestock and poultry production are driving Colombia’s corn demand. With the rapid development of poultry and egg production in particular, corn consumption is projected to increase in market year (MY) 2025/2026 to support strengthening demand from the animal feed sector.

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has taken extraordinary steps to alleviate high rice prices that have continued to increase since the domestic rice shortage in summer 2024.

FAS/Tokyo estimates lower wheat and barley production in Marketing Year (MY)2024/25 from the previous year as unfavorable weather conditions and disease outbreak have reduced yields in main production regions.

Throughout summer 2024, Japan has been grappling with a table rice shortage resulting in empty supermarket as demand outpaced production for the last three years causing stocks to deplete to their lowest levels in over 20 years.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.

FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks.

Adverse weather conditions and lower domestic prices will constrain Colombia's corn production in market year (MY) 2023/2024, which is estimated to remain flat at 1.5 million metric tons (MMT).

FAS/Tokyo estimates lower MY2023/24 rice production in Japan as extremely high temperatures and little rain are expected to lower yield and quality.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In Japan Fiscal Year 2022, Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) awarded 677,714 metric tons of rice through the Minimum Access import system.