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Post forecasts wheat exports in MY2018/19 at 13.6 million tons, 600,000 tons lower than USDA, leading to greater stocks at 760,000 tons.
Japan’s conclusion of a free trade agreement with the European Union (EU) and efforts to conclude the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP)....
Post forecasts that Latvian production of wheat, rye, mixed grains and triticale, barley, and oats in marketing year (MY) 2018/19 will reach upwards of 2.1 MMT, almost 20 percent lower from MY 2017/18
The EU28 grain harvest is now well under way, having started earlier than normal in most Member States due to a very dry spring.
FAS Moscow decreased its April 2018 total grain production forecast by 13.8 million metric tons (MMT) to 109.9 MMT based on reports of reduced area and cold and rainy conditions in some regions....
Russian agriculture has been one of the fastest growing segments of the economy in recent years with gross output up 2.4 percent in 2017, as the Russian economy emerged from a two-year recession.
On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.
All the sections of the Report have been updated based on recent regulation amendments, updated website links and to comply with the updated reporting instructions.
South Africa’s corn exports are projected to drop to 1 million tons in the 2018/19 MY, as post expects a decrease in commercial production, due to a cut in area planted.
Unexpected weather conditions between April and June led to slightly lower wheat and barley production forecasts, while late spring rain helped the corn crop.
For marketing year (MY) 2018/19, feed consumption is forecast to increase slightly, as the domestic pork industry rebounds and growth continues in the aquaculture sector.
Indonesia’s rice imports are expected to reach 2 million tons in 2017/18 due to low stock levels and increased competition from corn plantings.