Japan: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   JA2024-0014

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Japan: Grain and Feed Annual
FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks. Post projects lower MY2023/24 wheat and barley imports based on an anticipated shift in feed demand to corn, while MY2024/25 wheat and barley imports are projected to remain stable. FAS/Tokyo projects a decrease in rice consumption in MY2023/24 and MY2024/25 based on demographic trends and lower demand for feed. Post lowered Japan’s MY2023/24 rice production as extreme heat and drought lowered yields and quality, resulting in increased prices.
East Asia and the Pacific, Japan
Grains, Feeds and Fodders, Coarse Grains (excl. corn), Corn, Rice, Wheat

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