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- (-) April 2018
- (-) Saudi Arabia
- (-) Brazil
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The Saudi Grains Organization (SAGO) has concluded its barley purchases for marketing year (MY) 2017/18.
Post forecasts 2018/19 soybean production at 115 million metric tons (mmt), the second largest crop on record.
Brazil’s MY 2018/19 sugarcane crush is estimated at 628 mmt, a decrease of 11 million metric tons compared to the previous crop, mostly due to below average crop management and slower stock....
MY2017/18 corn production is forecast lower at 89 million metric tons (MMT), based on reduced area for first and second-crop corn and an expected return to average yields.
Post forecasts cotton planted area for 2018/19 to increase to 1.2 million hectares, the highest level since 2012, based on higher prices and domestic demand.
The Saudi food processing sector has been rapidly growing due to government support of food processers, rising per capita income and major demographic and socio-economic changes.