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Timely and adequate 2015 monsoon rainfall through early July has supported planting of grains, including rice and corn, in the ongoing MY 2015/16 kharif season (fall/early winter harvest).
Post expects marketing year (MY) 2014/15 Indonesian wheat imports and consumption to decrease to 7.6 million metric tons (MMT) and 7.3 MMT respectively.
Wheat production is forecast at 19.5 million metric tons (MMT) in marketing year (MY) 2015 because of high yields, especially in Central Anatolia.
This report is an update to the previous forecast. Notable changes for MY 2015/16 include an increase in Korean wheat production to 36,000 MT and increased wheat consumption to 3.85 million tons.
Overall feed production in Japan continues to be stable, but is gradually trending down and is expected to be below 24 million metric tons in MY2014/15.
FAS/Moscow increased its April 2015’s grain production forecast by 5 million metric tons (MMT) to 97 MMT.
Forecast for marketing year (MY)2015/16 corn, wheat, sorghum, and rice production all hold steady at 23.5 MMT, 3.7 MMT, 7.8 MMT, and 240,000 MT (rough rice production), respectfully.
News on development in agriculture and food in Egypt.
The EU28 grain harvest is now under way in most Member States.
U.S. corn exports to Colombia are dominating the market at the expense of Southern Common Market (MERCOSUR) competitors.
2014/2015 wheat production is estimated at 6.5 million metric tons (mmt), up 18 percent from the previous year due to an 18 percent increase in area based on higher prices at planting.
Total wheat consumption surged in MY 14/15, and is expected to continue growing in MY 15/16 due to the robust economy, growing Philippine population and strong feed demand from the livestock sector.