Chile: Grain and Feed Annual
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For marketing year (MY) 2022/23, Post forecasts wheat area harvested will increase by 5.3 percent and production will total 1.44 million metric tons (MMT) as a response to high wheat prices. Post estimates MY2022/23 wheat imports to decrease to 1.45 MMT due to higher domestic production, higher wheat price, and a strong U.S. dollar. For MY2022/23, Post forecasts 830,000 metric tons (MT) of corn production, a 2.5 percent increase over MY2021/22. Corn area harvested will total 74,000 hectares (ha) and yields will decrease slightly due to persistent droughts. Total consumption will reach 3.17 MMT and imports are projected to remain flat at 2.350 MMT to cover for poultry and pork feed consumption.