Browse Data and Analysis

Post revised the corn production forecast to 6.1 MMT, an increase of 100,000 MT. The Turkish Grain Board procured nearly 5.4 MMT of grain after a record production for wheat, barley and corn in...

FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2015/16 by 1 million metric tons (MMT) to 103 MMT.

Production for marketing year (MY) 2015/2016 is forecast to be down for wheat, sorghum and rice while the corn production forecast remains unchanged.

2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), but consumption is down slightly due to higher prices.

Export prices increased 2 to 4 percent mainly due to new export inquiries and tighter domestic supplies.

Taiwan published their 2016 Simultaneous Buy and Sell (SBS) rice tender. The US level remains unchanged at 35,600 MT.

The Vietnam MY2014/2015 rice export is revised up from 6.3 million tons to 6.5 million tons, due to unexpected demand from Vietnam traditional markets at the end of calendar year 2015.

Export prices remained unchanged as traders wait for market conditions to improve.

Export prices increased slightly as exporters pursued new-crop white rice for shipment under the 2014 Government-to-Government Agreement with China.

Post concurs with the USDA Official wheat estimates. Typhoon Koppu passed through the Philippines in October 2015 resulting in flooding of grain areas in Luzon.

The Government of Pakistan has set the wheat production target at a record 26 million metric tons for the 2015 Rabi (winter) season.

Export prices declined around 1 percent due to the weakening of Thai baht. Farmers have shown little interest in the government’s on-farm pledging program.