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The U.S. - Peru Trade Promotion Agreement (PTPA) has served to generate a continuing symbiotic trade relationship between the United States and Peru that shows no signs of diminishing.
Poultry production growing at five percent a year continues to drive demand for imported U.S. corn, making Peru our fifth largest overseas market.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.
Serbia’s marketing year (MY) 2016/17 wheat crop was the largest in over twenty years at an estimated three million metric tons (MMT), compared to 2.6 million last year.
Post's combined estimates of Nigeria's MY2017/18 production for wheat, rice, corn and sorghum is set at about 16.3 million tons, representing a slight drop from the current MY2016/17 estimate....
Record corn production at 93 million metric tons (mmt) and low commodity prices will increase corn stocks in 2017/2018 and could encourage government intervention.
Post forecasts 18 MMT of wheat production and a planting area of 7.82 million ha in MY 2017/18. Post forecasts corn planting area at 550,000 ha and production at 5.5 MMT for MY 2017/18.
The Korean government is expected to continue drawing down rice stocks in MY 2017/18 to 1.3 million metric tons (MMT) from 1.7 MMT in the current marketing year....
Reported by Tanzania Meteorological Agency (TMA), the delayed onset and below-average rainfall in the northern bimodal and central transition areas has resulted in significant crop loss.
Nearly all players in the Chinese grains market continue to operate with little certainty about how the central government intends to manage the transition towards a more liberalized farm sector.
Export prices increased around one percent as the Thai baht strengthens.
Given the uncertainty over the latest drought’s impact in certain parts of the country, production estimates for corn, sorghum, and millet for MY17/18 (Oct-Sep) are being held steady.