Browse Data and Analysis

The Korean government is expected to continue drawing down rice stocks in MY 2017/18 to 1.3 million metric tons (MMT) from 1.7 MMT in the current marketing year....

Reported by Tanzania Meteorological Agency (TMA), the delayed onset and below-average rainfall in the northern bimodal and central transition areas has resulted in significant crop loss.

Nearly all players in the Chinese grains market continue to operate with little certainty about how the central government intends to manage the transition towards a more liberalized farm sector.

Export prices increased around one percent as the Thai baht strengthens.

Pakistan’s soon-to-be harvested 2017/18 wheat crop is forecast at 25.2 million metric tons, marginally lower than a year ago.

Feed-grade wheat import restrictions are driving down wheat imports, with MY 2016/17 estimated lower at nine MMT and 2017/18 at 9.45 MMT.

Saudi MY 2017/18 wheat imports are projected at 3.7 million MT, an increase of about six percent compared to this marketing year.

Export prices increased around one percent due to the strengthening Thai baht.

For 2016/17 total overall imports of corn into Malaysia are forecast to drop to 3.8 million tons.Even so, U.S. exports of corn are likely to increase to 150,000 tons....

On March 8, 2017, Taiwan completed the first tranche of the 2017 U.S. rice Simultaneous Buy and Sell (SBS) tender GF4-106-015 for 18,500 tons.

In 2016, U.S. corn dominated the Colombian market supplying 99.6% of imports due to trade preferences in the U.S.-Colombia Trade Promotion Agreement (CTPA).

Export prices remain unchanged as the strengthening Thai baht offset the downward pressure on domestic prices from the seasonal harvest of off-season rice.