Browse Data and Analysis

Wheat consumption in the Dominican Republic (DR) during Marketing Year (MY) 2017/2018 (July 2017/ June 2018) is forecast at 410,000 metric tons (MT), with imports remaining strong at 530,000 MT.

Export prices further declined one percent due to a lack of new inquiries as traders are awaiting the results of the July 25 Philippines import tender.

Post has lowered its estimate for Australian wheat production to 22 million MT for 2017/18, due to expectantly poor seasonal conditions across almost all cropping areas.

Bangladesh rice production in marketing year (MY) 2017/18 is forecast lower at 34.18 million metric tons (MMT).

Wheat production is forecast at 19.5 million metric tons (MMT) in marketing year (MY) 2017/18 because of high yields, especially in the Southeast and Thrace regions.

Export prices declined to the same price levels as seen in mid-May.

Post estimates Vietnam’s wheat imported volume for MY 2016/2017 at 5.5 million tons due mainly to the competitive price of feed wheat.

The Government of Pakistan procured 6.3 million metric tons (MMT) of wheat from the recent harvest; the highest procurement level in recent years.

Export prices declined three to four percent due to a lack of new inquiries following uncertainties about the sale of government stocks.

In an effort to encourage production diversion from table rice, Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) has been incentivizing production of rice for flour.

Rice production is expected to be larger than previously forecasted in MY2016/17 and MY2017/18 due to attractive returns compared to corn.

As millions of east African smallholder farmers seek to recover from a devastating drought, they face a new threat-fall armyworms.