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Israel is almost completely dependent on imports to meet its grain and feed needs.
The Government of Pakistan has authorized an export subsidy of up to $159 per metric ton to facilitate exports of up to 2 million metric tons of wheat.
MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.
Saudi corn imports in marketing year (MY) 2017/18 are forecast to increase by 15 percent, to about 4 million MT.
Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.
Export prices declined by 1-3 percent as supplies of off-season rice have begun to enter the market.
Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations.
As Ecuador’s economy recovers and domestic corn prices remain high, consumption of wheat and rice increased in 2017/18.
FAS Amman forecasts Jordan’s wheat production in marketing year (MY) 2018/19 (July-June) at 20,000 metric tons (MT), largely unchanged from the USDA official MY 2016/17 estimate.
FAS Cairo forecasts Egypt’s wheat production in marketing year (MY) 2018/19 (July-June) to reach 8.45 million metric tons (MMT), up by 4.3 percent compared to marketing year 2017/18.
On March 1, 2018, the Ministry of Finance notified raising the basic import duty on chick peas (0713 20 00) of Desi variety (small and dark chickpeas or Black gram) from 40 percent to 60 percent....
Export prices increased by 1 percent in response to new demand for white rice under the government-to-government agreement with China.