Ghana: Grain and Feed Update
Ghana is a net importer of both rice and wheat. Post estimates Ghana’s rice imports in 2017/18 at 550,000 MT, down slightly year-to-year due to growing domestic production. The Government of Ghana (GOG) in 2017 introduced a 50 percent subsidy on rice and corn seed, as well as fertilizer to spur domestic rice and corn production. The GOG has signaled its intent to reduce rice imports by 10 percent by 2020. U.S. rice exports to Ghana, due to the competiveness of Asian rice, have dipped considerably from 120,000 MT in 2012 to near zero in 2016. Wheat consumption in Ghana will continue rising slowly due to the relatively high cost of hard wheat flour. U.S. wheat exports to Ghana in CY 2017 rebounded to their highest level at 89,000MT since 2012, but other origins continue to dominate the market.
Ghana: Grain and Feed Update