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The wheat production estimate for Marketing Year (MY) 2014/15 is 15.25 million metric tons (MMT) and the forecast for MY 2015/16 is 18 MMT.
2015/16 wheat production is expected to increase 10 percent to 6.5 million metric tons (mmt) with a return to normal weather.
Post expects marketing year (MY) 2014/15 Indonesian wheat imports to increase by 4.2 percent to 7.7 million metric tons (MMT)...
Excellent rain during the planting season contributed significantly to favorable MY2015/2016 wheat and coarse grain crop prospects as reported by the FAO.
Argentine wheat production for crop 2015/16 is forecast down at 12 million tons due to a projected smaller planted area.
Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large.
Taiwan CY2015 hog and poultry production are estimated to decrease 3% and 6%, respectively, due to ongoing disease issues.
Wheat imports remain fairly steady at 3.9 and 4 million tons for MY 2014/15 and MY2015/16 respectively.
FAS/Nairobi forecasts increased production of corn, wheat and rice in Kenya in the marketing year (MY) 2015/2016.
U.S. corn exports to Colombia hit historic trade levels at 3.6 million metric tons (MT) in Marketing Year (MY) 2014 with a trade value of $861 million.
Export prices further declined 1 to 2 percent as supplies of new off-season rice continue coming into the market.
Export prices declined 2 to 3 percent due to rumors of large sales of government stocks and the weakening Thai baht over the past week.