Browse Data and Analysis

For MY 2016/17 (May-April), total rice area and production levels are projected to increase slightly to 11.8 million hectares (HA) and 34.55 million metric tons (MMT) assuming good weather...

Export prices increased slightly due mainly to currency fluctuation. Traders are awaiting the result of the food and non-food grade rice tenders, which were issued last week.

Post estimates total cereal production for MY 2016/17 at around 1.5 million MT with wheat production estimated at 1.1 million MT and barley production estimated at 400,000 MT.

For MY 2016/17, Post estimates cereal production at 4.7 million MT, about 58 percent lower than the record harvest in MY 2015/16.

MY 2016/17 corn imports are forecast to decrease 200,000 MT to 9.8 MMT due to competitively-priced wheat replacing corn for feed use.

Export prices declined 1 percent due mainly to the weakening of the Thai baht.

While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.

South Africa should return to be a net exporter of corn in the 2016/17 MY of about 1.0 million tons on higher production.

According to the FAO, early prospects for Algeria’s 2016 winter wheat and coarse grains crops are favorable benefiting from recent widespread precipitation in eastern Algeria.

Colombian grain production could be impacted in 2016 as the period of drought from the El Niño weather phenomena transitions to rainier conditions of La Niña.

Export prices increased 1 to 2 percent with exporters fulfilling outstanding shipments under the Government-to-Government agreement with China.

Post forecasts a decrease in corn production in Tanzania in the marketing year (MY) 2016/2017 due to unfavorable weather forecast by the Tanzania Meteorology Agency (TMA)...