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Mexico’s corn, wheat, and sorghum production in marketing year (MY) 2022/23 are forecast marginally lower than the previous year due to rising input costs, reduced government support, and expected adverse weather conditions from La Nina.

This report updates GAIN report number MX2022-0008 published January 10, 2022: Mexico to Update NOM-187 Regarding Some Products Derived from Wheat and Corn.

The prospects for MY2022/23 winter grain crops remain favorable due to the relatively mild winter, sufficient soil moisture reserves, and snow cover. Higher input costs, however, may have a negative impact on the average yields due to expected lower application of inputs.

Post revised down its 2021/22 forecast corn harvest to 113 million metric tons (MMT) on the account of disappointing first-crop corn volumes. Consequently, the corn export forecast is also lowered to 42 MMT.

Post forecasts a 31-percent increase in Thai rice exports and a 17-percent decline in corn imports.

China’s overall feed production is projected to rise through the end of calendar year 2022.

Post forecasts a slight increase in rice production and prices continue to rise, but the government continues to import rice to make it affordable. Wheat a flour prices are also trending upward.

The Turkish government continues its efforts to rein in inflation, which was made worse in recent months by the steep depreciation of the Turkish Lira against the US dollar and drought-related grain production losses in MY 2021/22.

This report contains updated Marketing Year (MY) 2020/21 and MY2021/22 production, trade, and consumption estimates for Ukraine. According to the recent national statistical data MY2021/22 production numbers for wheat, barley, corn and rye are higher compared to MY2020/21, thus translating into higher export volumes.

The Algeria Normalized Difference Vegetation Index (NDVI) chart by region shows that the vegetation index looks normal on the Mediterranean coast and below normal in the high lands but remains within Min/Max level. Traders indicate that the Algerian...

On November 1, 2021, the Government of Morocco suspended customs duties on durum wheat, common wheat, and its derivatives (1001.99.00.19 and 1001.99.00.90) until further notice.

Wheat production in marketing year (MY) 2021/2022 is estimated at a record 21.8 million tons, 1.3 million tons higher than the official USDA number. In consequence, exports are increased to 15.2 million tons (including flour in its wheat equivalent).