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For MY 2022/23, Post maintains wheat and barley planted area forecast, while raising yield forecast on the account of reports that grain harvest and storage operations took place in good conditions. Post forecast MY 2022/23 wheat at 3.3 million metric tons (MMT), and barley at 1.2 MMT.
Renewed market opportunities arise for U.S. almonds exports to Algeria following the adjustment of the import ban implemented by the Government of Algeria on July 12, 2020.
The Ministry of Agriculture has not yet released figures regarding the MY2020/21 grain harvest. The Ministry will allocate 3.5 million hectares to cereal plantings for MY2021/22.