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For marketing year (MY) 2015/16 (May to April) the rice area and production forecast is unchanged at 11.8 million HA and 34.6 million metric tons (MMT).
South Africa is battling one of the worst droughts ever recorded limiting the production of grains.
The Korean government announced that it will seek to mitigate overproduction of rice through measures including reduction of area for rice cultivation to 711,000 Ha by 2018, planting of other crops...
Post revised the corn production forecast to 6.1 MMT, an increase of 100,000 MT. The Turkish Grain Board procured nearly 5.4 MMT of grain after a record production for wheat, barley and corn in...
FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2015/16 by 1 million metric tons (MMT) to 103 MMT.
Production for marketing year (MY) 2015/2016 is forecast to be down for wheat, sorghum and rice while the corn production forecast remains unchanged.
News on Developments in Agriculture and Food in Egypt.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), but consumption is down slightly due to higher prices.
In response to the country’s worst drought in decades, Ethiopia is expected to import a record 2.5 million metric tons of wheat during MY15/16, which is more than double the amount from last year.
For MY 2015/16, FAS Rabat revised post’s estimate for wheat imports from 2.8 million MT to 3 million MT.
The Vietnam MY2014/2015 rice export is revised up from 6.3 million tons to 6.5 million tons, due to unexpected demand from Vietnam traditional markets at the end of calendar year 2015.
Post concurs with the USDA Official wheat estimates. Typhoon Koppu passed through the Philippines in October 2015 resulting in flooding of grain areas in Luzon.