Browse Data and Analysis

Post projects marketing year (MY) 2023/2024 soybean production at 10 million metric tons (MMT) as planted area rises to 3.55 million hectares and Paraguay returns to trend for yield. MY 2023/2024 exports are projected at 6.4 MMT.

Post forecasts Malaysian palm oil production in marketing year (MY) 2022/23 at 18.85 million metric tons (MT), up 702,000 MT from the previous year as the labor situation continues to improve.

The 2023 crop season in Morocco is advancing under favorable weather conditions, showing promising recovery from the previous year’s drought. Post forecasts MY 2023/24 production at 2.45 MMT for common wheat, 1.35 MMT for durum wheat, and 1.75 MMT for barley.

Foreign Agricultural Service Phnom Penh (Post) forecasts an increase of both rice and corn production in Cambodia due to lower input prices, higher animal feed prices, and a positive outlook on tourist inflow into the Kingdom.

Marketing year (MY) 23/24 cotton imports are forecast at 1.8 million metric tons (MMT) on higher domestic demand for textile and apparel products and higher spinning demand.

Greece’s MY 2022/23 cotton production is estimated at 1.30 million 480 lb. bales, down 10 percent from the previous season due to a decrease in area planted. Greece is a major cotton exporter. Turkey was the main destination in MY 2021/22, representing 58 percent of total exports.

Indonesian cotton imports in 2023/24 are forecast to remain stable at 2.0 million bales assuming spinners will use more inventory on hand before making new purchases.

For marketing year (MY) 2023/24, Post forecasts cotton imports at 8.5 million bales. Post reduced its MY 2022/23 cotton import and consumption estimates on high global prices, slowdown of the Bangladeshi economy, and production disruptions due to power shortages.

This report outlines the conditions facing Colombia´s food and beverage industry, highlighting its 7 percent growth.

FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2023/24 (July – June) to increase by almost 2.9 percent from the previous marketing year due to population growth.

Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.

The potential to introduce U.S. origin food processing ingredients into the Indian market remains strong, due to rising demand for snacking and consumer-oriented food products.