Browse Data and Analysis

Post revised its estimates for the Vietnam marketing year 2022/2023 (MY 2022/23) paddy harvest area and production forecast down to 7,162 thousand hectares (THA) and 43.15 million metric tons (MMT).

Based on the Government of Pakistan’s (GOP) first official assessment, the 2023/24 wheat production forecast is increased to a record 28.0 million tons.

Good conditions at planting and during the early growth phase for wheat and barley production have prevailed for marketing year (MY) 2023/24. However, after a record setting winter crop in MY 2022/23, Australia is expected to produce a strong but more subdued grain crop in MY 2023/24.

New inquiries from foreign buyers drove rice export rice prices slightly higher.

Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are revised upward, while wheat production is forecast lower at 3.4 million metric tons.

Export and domestic rice prices decreased despite the strengthening of the Thai baht.

Rice export prices increased 1-3 percent due to the strengthening of the Thai baht.

Several Spain grain supply chain actors have released their first estimates for grain production for MY 2023/24 and concur with the poor crop prospects.

Export rice prices decreased one percent due to the weakening of the Thai baht.

Export and domestic prices of Thai rice increased one percent due to the strengthening of the Thai baht and strong demand for Thai rice.

Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.