Browse Data and Analysis

On October 13, Taiwan completed the second U.S. Simultaneous-buy and Sell (SBS) rice tender for 18,000 MT and scheduled two U.S. rice normal tenders...

Export prices increased around 1 percent due to the strengthening of the Thai baht. A rumor about a new G-to-G contract with Indonesia also put upward pressure on domestic prices.

Post’s MY 2015/16 milled rice production forecast has been lowered to 103 MMT from a projected harvested area of 43.2 million hectares on moisture stress due to weak monsoon rains in August-September.

Export prices increased 2 to 4 percent as exporters are seeking new-crop rice for shipments under the Government-to-Government contract with the Philippines.

Planting of the Rabi (winter) wheat crop is expected to get underway in a few weeks.

2015 corn production is forecast to be 7.3 MMT less than the 2014 harvest. MY 2015/16 corn exports are forecast at 12.5 MMT; down from 19.4 MMT in MY 2014/15.

Minister Tkachyov’s First Interview … Amended Floating Wheat Export Duty Formula … Current Russian Grain Stocks Higher Than Average … Draft Amendments to the Russian Food Security Doctrine …

MARD published Circular 29/2015/TTBNNPTNT on September 04, 2015 implementing some articles of Government Decree 8/2010/ND-CP dated February 5, 2010 on the management of animal feed.

Record low-level reservoirs are likely to result in smaller MY2015/16 rice area and production. Exportable supplies of white and parboiled rice will likely be tighter in 2016.

In 2014 Agriculture contributed about 10% to the Gross Domestic Product in Zimbabwe.

The Russian Government amended the formula for calculation of the floating wheat export duty that was in force since July 1, 2015.

Zambia is a landlocked country in Southern Africa and can be credited with political stability and strong economic growth in the last decade.