Browse Data and Analysis

Since hitting peak numbers in 2016, the New Zealand national cattle herd has been very gradually declining and this is expected to continue in 2023.

India’s rapeseed and mustard (rapeseed-mustard) production estimate for marketing year (MY) 2022/2023 (October-September) is forecast to drop slightly to 11.4 million metric tons, harvested from a record 9.2 million hectares following a favorable monsoon performance in the state of Rajasthan.

Rice export prices increased 1 percent.

On December 27, 2022, the Government of Japan (GOJ) released the “Food Security Reinforcement Policy Framework,” which aims to lower Japan's dependence on imports and to push increased domestic production of wheat, soybeans, feed grains, hay, and fertilizer inputs.

On March 7, 2023, China’s Food Safety Standards Monitoring and Evaluation Department of the National Health Commission (NHC) released a letter soliciting public comments on the 2023 Plan for National Food Safety Standards.

Bulgarian production of oilseed crops in marketing year (MY)2022/23 was at the same level as in MY2021/22 at 2.4 million metric tons (MMT), from 8 percent higher area harvested due to lower yields impacted by the summer heat and drought.

The wine production area in Chile spans from the Atacama to Araucania region, with vineyards scattered up and down the regions’ valleys. Chilean area planted for wine totaled 130,086 hectares in 2021.

Cattle stocks decline in 2023 as farmers thin dairy herds to counter surplus production capacity. The resulting increase in domestic beef production will lower demand for imports in 2023.

Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in marketing year (MY) 2023/24 is projected to decrease year-over-year because of pre-earthquake market dynamics.

The Korea oilseeds and products market is mature with limited annual change, reflecting stable consumer demand and stagnant domestic production.

In February, wildfires ravaged central Chile throughout the the Maule, Biobio, Ñuble, and Araucania regions. The fires expanded quickly due to high temperatures and windy conditions, causing loss of lives, destruction of homes, and damage to basic infrastructure.

Bulgaria harvested a 26 percent lower grain crop in marketing year (MY) 2022/23 compared to MY2021/22, including reductions of 12 percent for wheat, 11 percent for barley, and 26 percent for corn.