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Wheat imports for 2020/21 are revised downward to 9.5 million tons from the previous estimate of 10.0 million tons, reflecting lower inclusion rates in feed rations.
MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns.
The 2021 monsoon kicked off with some force in June, reaching four-fifths of the Indian subcontinent.
South Africa should remain a net exporter of corn in the 2021/22 marketing year (MY) on excess supplies.
Post’s MY2021/22 corn import forecast is 20 MMT, 6 MMTs below USDA’s official forecast with the expectation that demand softens as corn imported during the current marketing year enters commercial channels, stock building moderates, and the expansion of domestic corn area results in greater production.
Post lowers its corn production forecast for market year (MY) 2020/21 (March 2021 – February 2022) to 94 million metric tons (MMT), a reduction of 11 MMT from Post’s April projection.
Marketing Year (MY)2021/22 wheat production is forecast at 26.0 million metric tons (MMT), three percent higher than last year’s wheat production of 25.2 MMT.
While COVID-19 and African Swine Fever continue to constrain Philippine feed demand, corn and rice posted strong production in the third quarter of MY20/21 and are both set for record high output.
Estonia’s total wheat, rye, mixed grains, triticale, barley, corn, and oat production in marketing year (MY) 2021/22 is forecast at 1.5 million metric tons (MMT), a 6.3-percent decrease from MY 2020/21.
Strong foreign demand and reduced competition have sharply boosted exports to record levels for U.S. corn in 2020/21.
Zimbabwe’s corn crop for the 2021/22 marketing year (MY) is estimated at 2.7 million tons, an increase of almost 200 percent from the 907,628 tons of corn produced in the 2020/21 MY.
Post forecasts MY 2021/22 production, demand, and trade for rice, corn, and wheat.