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Post maintains its earlier wheat and barley forecasts for 2017/18. Customs duties on wheat are expected to remain at current levels through the end of 2017.
Export prices increased 2-3 percent due to new inquiries for white and parboiled rice. Fragrant rice prices are now above U.S. $1,000/MT.
On August 16, 2017, The Ministry of Agriculture revised the Indian crop year (ICY) 2016/17 (JulyJune) grain production higher to a record 275.7 million metric tons (MMT)....
Export prices increased approximately 1 to 2 percent due mainly to the strengthening of the Thai baht and the delay of the new tender for the remaining government rice stocks.
Poland’s production of wheat, rye, mixed grains and triticale, barley, corn, and oats in MY 2017/18 is forecast to reach 31.9 million metric tons (MMT), a 7.5 percent increase over MY 2016/17.
Area seeded to canola exceeded area seeded to wheat in Canada for the first time ever in marketing year (MY) 2017/2018, as continued strong returns to canola and a wet spring planting season....
Brazil’s consumers have a budding appetite for higher-value food products as the country’s economy recovers from a historic recession and its middle class grows.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices which continued to increase significantly.
Developments in Israel’s food and agriculture sector.
MY2017/18 rice and corn production is minimally affected by flooding during July – August 2017.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
Taiwan continues to be a top export market for U.S. grains