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On September 16, 2014, the Ethiopian government issued an international tender to purchase 200,000 metric tons of milling wheat. The deadline to submit bids is October 22, 2014.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
The Ministry of Agrarian Policy and Food of Ukraine and the local production and milling industry once again came to an agreement on grain export management for the new marketing year.
FAS/Moscow increased the previous Russia total grain crop forecast for MY 2014/15 by 5 million metric tons (MMT) to 99 MMT.
Forecast rice exports for 2014 are revised up to 9.5 million metric tons.
Algeria’s MY 2014/15 total grain production suffered from water stress due to the spring drought. The preliminary forecast is 3.0 MMT, a 38 percent decrease from last year’s crop of 4.9 MMT.
In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.
The UK presents strong market opportunities for many U.S. consumer-oriented products.
Wheat, barley, corn and oat production in 2014/2015 is forecast at 49.7 million metric tons (MMT), 20 percent lower than MY 2013/14, but exports are forecast to remain strong.
The Peruvian wheat crop for 2014/15 is estimated at 150,000 hectares (Ha) with a trend yield of 1.52 metric tons per Ha (MT/Ha), for a projected production of 230,000 metric tons (MT). Wheat area is estimated to decrease three percent this season...
Imports of yellow corn, rice, and wheat are expected to be strong based on rising domestic food demand, continued requirements of the animal feed industry, and reductions in domestic production.
Due to drought and irrigation water deficit problems in the south, Post forecasts MY2014/15 wheat production at 7.15 MMT.