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Production of wheat, barley corn and rye in Ukraine in MY 2015/16 are forecast to decrease mainly due to lower projected yields as well as decreased production areas for some of these crops.
MY 2015/16 wheat production is estimated lower at 87 million metric tons (MMT) based on preliminary harvest reports from producing states.
In accordance with Government Resolution No. 513 of May 28, 2015, as of July 1, 2015, Russia will start using a special formula for the calculation of the wheat export duty.
Government Lifted Wheat Export Duty . . . EAEU, Vietnam Sign Free Trade Agreement . . . New Deputy Minister of Agriculture Appointed . . .
New National Pork Board CEO Makes First Visit to Japan; Cotton USA Award 2015; Niigata City Agricultural Special Zone Visit; ATO Tokyo helps highlight White Sorghum in Recipes;
Production of rice, corn, beans, and pulses is forecast to rise in MY 2014/15 and MY 2015/16, offering greater export opportunities.
Kazakhstan’s Expected 2015 Grain Exports . . . Food Corporation Financing of Spring Sowing Campaign . . . Saiga Antelopes Killed . . . Meat Processing Facility Construction Started . . .
The Russian Government lifted duties on wheat exports beginning May 15, 2015, and expects that Russia may export an additional 1 million metric tons of wheat by the end of MY 2014/15.
Ecuador’s Foreign Trade Committee (COMEX) Resolution 012-2015 grants variable duty exemption that had been set at four percent to wheat, wheat semolina, and wheat flour imports from all origins.
With more than one million MT in MY 2013/14, U.S. corn exports regained the lead in the Saudi corn market, reaching their highest level in 15 years and capturing a 38.5 percent share of the market.
Corn and rice production are forecast to reach record levels at 226 and 209 million tons in MY 2015/16 respectively. MY 2015/16 wheat production is forecast at a near record 125 million tons.
The spring planting which started in early April is still on-going. Corn will be planted on approximately 199,500 hectares versus the 169,948 ha in 2014/2015, which is a seventeen percent increase.