Data and Analysis

China remained the world's largest seafood producer in 2024, with production estimated at 74.1 million metric tons (MMT), up 4 percent from 2023.

FAS Nairobi forecasts Kenya’s marketing year 2025/26 corn production to increase by 15.8 percent due to a return to normal weather, following an unusually dry year.

Post forecasts MY 25/26 China soybean production at 19.8 million metric tons (MMT) and imports at 106 MMT. The production forecast is down slightly from MY 24/25 and the import forecast is up 2 percent year over year.

Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.