Browse Data and Analysis

Vietnam is an emerging economy in Southeast Asia that has experienced rapid growth and development during the last few decades. As has historically been the case in many countries, growth in animal-based protein consumption has gone hand-in-hand with this economic development.

Post maintains its estimate for marketing year 2020/2021 (MY20/21) corn consumption at 14.5 million metric tons (MMT), but revised MY21/22 corn consumption down to 14.35MMT on a lower estimate for feed and residual with anticipation of declining feed demand in the second half of CY2021.

Mexico’s projected wheat production in marketing year (MY) 2021/22 is revised upward compared to the USDA official forecast to 3.2 million metric tons (MMT) based on updated official Mexican production data.

FAS/Manila raises MY 21/22 rice imports by 100,000 metric tons (MT) to 2.2 million MT based on expected improving economic conditions and an upturn in Sanitary and Phytosanitary Import Clearances in July and August 2021.

FAS Tokyo estimates MY2020/21 corn imports will be 15.5 million tons, down 2.4 percent from the previous year due to high global corn prices.

On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.

Burma’s corn production is estimated at 2.57 million metric tons in both MY 2020/21 and MY 2021/22 due to high price incentives.

Zambia produced its largest corn crop on record in the 2021/22 MY. This bumper corn crop of 3.6 million tons follows on Zambia’s third largest corn crop of 3.4 million tons produced in the 2020/21 MY.

Unexpectedly dry weather conditions in Turkey between April and June in many regions led to lower wheat and barley production forecasts for MY 2021/22.

Weather conditions accelerated crop development and crop condition is generally described as good to excellent.

Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.

Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.