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Post’s marketing year (MY) 2015/16 wheat import estimate to Indonesia is revised from 7.6 to 8.9 million metric tons (MMT)..
Post’s marketing year (MY) 2016/17 (May/April) rice production is forecast marginally lower at 34.51 million metric tons (MMT) on estimated lower planting (11.7 million hectares).
FAS/Moscow increased its April 2016 grain production forecast by seven million metric tons (MMT) to 107.7 MMT.
The EU grain harvest is now under way in most Member States.
Export prices were virtually unchanged while traders are awaiting the new tenders for 3.8 million metric tons on July 25.
Export prices declined around one percent in anticipation of large sales of government stocks in the new tenders for 3.8 million metric tons on July 25.
Argentine wheat production for 2016/17 is projected at 13.7 million metric tons (MMT), 1.3 MMT lower than USDA.
Australian wheat production in 2016/17 is forecast by Post to reach 26 million MT, a revision on the official estimate because of significantly more favorable seasonal conditions across virtually all
The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.
Export prices increased 2 to 5 percent due to tight domestic supplies of white rice paddy and the strengthening of the Thai baht.
The sowing of the MY2016/17 main-rice crop is progressing slowly due to limited irrigated water supplies.
The Government of Pakistan procured 6.0 million metric tons (MMT) of wheat from the recently concluded wheat harvest, significantly lower than the 7.05 MMT target announced prior...