Browse Data and Analysis

Based on industry data, Post revises marketing year (MY) 2012/13 Indonesian wheat consumption to 6.8 million metric tons (MMT) of wheat equivalent.

Taiwan authorities recently lifted a ban on U.S. long grain rice, in place since 2006.

The Turkish Grain Board (TMO) invited local and international traders to participate in a tender, which was held on October 18, 2014. TMO intends to import 40,000 MT of paddy rice.

As Japan’s Ministry of Finance announced import statistics ending June 2014 for wheat, Post has finalized the 2013/2014 marketing year (MY) import number in its PS&D.

Based on the officially reported data on the progress of the Russian grain harvest, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 1 million metric tons to 102 MMT.

Export prices declined 1-3 percent due to the seasonal peak of main-crop rice supplies.

Nigeria’s wheat demand continues to rise and is attracting more third-country suppliers of inexpensive wheat. Imports for 2013/2014 have been adjusted to 4.55 million metric tons.

Taiwan recently completed two long-lingering 2013 normal tenders, thus fulfilling 2013 U.S. Country Specific Quota (CSQ) obligations.

Domestic and export prices declined 1-5 percent as new-crop supplies are coming onto the market.

Export prices remained unchanged. The government is likely to consider the on-farm pledging program for MY2014/15 main-crop fragrant and glutinous rice paddy this week.

Unusually rainy weather along with cooler temperatures this year made the season challenging for the farmers.

MY 2013/2014 wheat consumption is estimated at 1.85 million tons, an increase from MY 2012/2013 due to the likely the use of more feed wheat in the aquaculture feed industry.