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Wheat imports are forecast to rise 650,000 tons to 5.5 million tons in market year (MY) 16/17 and increase to 5.65 million tons in MY 17/18 due to an expanding population, economic growth ....
Corn future and spot prices have dropped to their lowest levels in six years.
The seed sector in Turkey has grown rapidly since the new seed law entered into force in 2006. Certified seed production has increased about threefold in last ten years....
FAS/Nairobi forecasts an increase in Kenya’s corn, wheat and rice production in the marketing year (MY) 2017/2018 mainly due to a recovery from the effects of the severe drought....
The recovery of MY2016/17 and MY2017/18 rice production as well as the sale of government rice stocks should maintain Thai rice export competiveness in 2017 and 2018.
During the week of February 25-March 3, 2017, export rice prices increased about $5 for all broken rice qualities.
Grain production is expected to return to average levels in marketing year (MY) 2017/18, given normal weather after higher wheat and corn production and lower sorghum production in MY 2016/17.
Export prices declined one and two percent following the sale of 1.3 million metric tons of government foodquality rice stocks.
A USD $146,000 Quality Samples Program (QSP) grant to the U.S. Wheat Associates facilitated the reopening of the Cerangola flour mill in Lobito, Angola....
Turkey reduced the import tariff on chickpeas from 19.3 percent to zero percent until July 1, 2017 due high domestic prices.
Post forecasts both beef and pork production to increase in 2017 to 9.6 million metric tons and 3.8 million metric tons, respectively.
Post forecasts broiler production to increase by four percent in 2017 to 13.4 million metric tons as a result of higher world demand for the Brazilian product.