Browse Data and Analysis

FAS Rangoon (Post) forecasts Burma’s rice and corn exports larger in MY 2022/23 due to strong demand from African, EU, and ASEAN countries. Post forecasts Burma’s wheat imports down in MY 2022/23 due to low domestic demand, restrictions on buying of foreign currency, and changing import policies.

With improved weather conditions, wheat, barley, and rice production are forecast to increase in MY 2022/23. In contrast, corn production is forecast down as farmers switch to other more profitable crops. Overall grain production in MY 2022/23 will be influenced by rising input costs, which the Turkish government is trying to offset with higher support payments for fertilizer and diesel.

Post revised its Marketing Year 2021/2022 (MY21/22) estimates of the Cambodia rice harvested area and production at 3,335 thousand hectares (THA) and 9.61 million metric tons (MMT), higher than the USDA official numbers.

Guatemala continues to be a net importer of both yellow corn and rice. Corn area and production in MY2022/2023 are forecast to shrink one percent as some commercial farmers have decided not to plant corn given record high increases of more than 100 percent in fertilizer costs (mainly urea) and a nearly 90 percent increase in oil prices.

Paraguayan wheat exports in marketing year (MY) 2022/2023 are forecast up at 280,000 metric tons as a result of a projected larger production of 1 million metric tons (MMT). Post projects a similar acreage, but somewhat higher yields. Exports of corn...

As Venezuela’s economy continues to recover into MY 2022/23, Venezuela is expected to increase its consumption of wheat by 5.2 percent. With rising global prices of wheat, Venezuela may shift to more price competitive sources like Brazil and away from the United States for wheat grains.

Continued drought and water shortages is affecting economic activities in Iraq, especially grain production in 2022. The Iraqi Ministry of Agriculture cut agricultural cropping in irrigated areas to 50 percent less than the previous year due to shortages in surface water.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

FAS Amman (Post) forecasts Jordan’s wheat imports in MY 2022/23 to reach 1.3 million MT driven by fears of war. The Russian war on Ukraine has a direct impact on Jordan, as most of Jordan's wheat and barley come from Black Sea.

MY2022/23 wheat production is forecast flat at 6,000 MT, unchanged from the previous two MYs. Australia recovered its market share thanks to drought recovery but the United States remains the chief supplier with 66 percent market share.

Post forecasts that consumption of corn and wheat in Malaysia will marginally increase in Marketing Year (MY) 2022/23, assuming an eventual stabilization of commodity prices following the disruption caused by the crisis in Ukraine.

Next season, Post forecasts corn area to expand by one million hectares (ha), to a total of 22.5 million ha, and production to top 118 million metric tons (MMT). The wheat planted area will grow to 3.4 million ha, with production reaching nearly 9 MMT.