Chile: Grain and Feed Annual
Link to report:
For marketing year (MY) 2020/21, Post projects 205,000 hectares (ha) of wheat planted area and 1.288 million metric tons (MMT) of wheat production which represents a 2.4 percent decrease over MY2019/20. Wheat consumption is projected to reach 2.835 MMT and stocks are revised to decrease to 249,000 metric tons (MT) in order to cover domestic consumption needs. Wheat imports will decrease by 3.5 percent and total 1.35 MMT following the depreciation of Chilean peso. Post forecasts 837,000 MT of corn production, a three percent decrease over MY2019/20 based in reduction of planted area. Chile is going through a period of droughts, mainly in the central regions of O´Higgins and Maule, which together hold 70 percent of the Chilean corn planted area. Total consumption will reach 3.535 MMT and imports are projected to reach 2.7 MMT, pushed by the poultry and pork production industry.
