Browse Data and Analysis

The marketing year (MY) 2016/17 corn production is forecast at 22.6 MMT with harvested area estimated at 6.95 million hectares.

In MY2014/15, U.S. corn exports continued their dominance of the Saudi market, reaching 1.2 million MT and accounting for 41 percent share of the market.

MY 2016/17 wheat imports are forecast at 11 million metric tons (MMT). MY2015/16 imports are revised downward to 10.6 MMT from USDA’s estimate of 11.5 MMT.

Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14.

Export prices went up about $5-10 during the week of February 27-March 4. According to rice exporters, the increase was due to expected upcoming demand from Vietnam’s South East Asian rice export...

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 for Thai rice declined further this week due to inactive export demand and the likelihood of a new tender for Government rice stocks.

Taiwan completed the 2016 U.S. rice Simultaneous Buy and Sell (SBS) tender GF4-104-164 for 35,600 MT at the first scheduled tender which was held on February 18.

With the exception of corn, imports for wheat and rice are expected to grow marginally through 2016/17.

India’s MY 2016/17 wheat production is forecast at 88 million metric tons (MMT) on lower planting and expected ‘lower than normal’ yields due to moisture and temperature stress at the time of planting

Wheat imports in MY 2015/16 are forecast at 1.90 MMT, up from 1.87 MMT the previous year.

With a large tender for government stocks announced this week, export prices for most grades of rice declined marginally