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Post raised the forecast for India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) to 35.5 million metric tons (MMT), due to adequate rainfall from the 2024 southwest monsoon.
With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.
No significant changes were made to the 2024/25 wheat supply and demand forecasts. Wheat imports and exports remain banned. The 2024/25 rice production forecast is unchanged at a record 10 million tons.
For marketing year (MY) 2024/2025 (August-July), post forecasts India’s almond production marginally lower at 4,150 metric tons (MT) (shelled basis), compared to last MY estimates.
Biblical rain in Kazakhstan’s major growing regions has cut wheat and barley production, reducing its quantity and quality.
Central Asia is a diverse, important corner of the world and a growing market for U.S. goods. Agricultural imports from the world for Kazakhstan, the Kyrgyz Republic, and Uzbekistan totaled $11.6 billion in 2023 and have nearly doubled over the last three years, with the United States as the 11th largest trade partner at $196 million.
Soybean production in marketing year (MY) 2024/2025 is estimated at 12.9 million metric tons (MMT) on favorable conditions and slightly higher area.
FAS Mumbai forecasts marketing year (MY) 2024/25 India cotton production at 25 million 480 lb. bales on 11.8 million hectares planted area, a two percent decrease in area from the previous forecast, as farmers have shifted cotton acreage to higher return crops such as paddy, and pulses.
A notification to amend the provisions of declaring quantity of added sugar in non-alcoholic carbonated beverages was published in the Official Gazette of India.
India notified its final regulation relating to standards for non-carbonated, non-alcoholic water based beverages such as flavored water, herbal water, etc., in the Official Gazette.
Post forecasts that in marketing year (MY) 2017/18 Indian almond imports (shelled-basis) will show a year on year decrease of 5 percent to 95,000 MT.
On August 16, 2017, The Ministry of Agriculture revised the Indian crop year (ICY) 2016/17 (JulyJune) grain production higher to a record 275.7 million metric tons (MMT)....