Browse Data and Analysis

Turkey’s grain sector continues to grapple with different challenges, the most recent of which are earthquake and drought.

Post forecasts little change in overall feed production in MY2023/24 but corn utilization in feed rations should rise while wheat and rice utilization should decline.

Taiwan’s domestic wheat production, 4,000 MT in MY2022/2023, is dwarfed by imports at 1.4 MMT for the current MY. Australia is expected to further recover wheat market share from the United States due to competitive pricing and production recovery.

Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.

The 2023 crop season in Morocco is advancing under favorable weather conditions, showing promising recovery from the previous year’s drought. Post forecasts MY 2023/24 production at 2.45 MMT for common wheat, 1.35 MMT for durum wheat, and 1.75 MMT for barley.

Foreign Agricultural Service Phnom Penh (Post) forecasts an increase of both rice and corn production in Cambodia due to lower input prices, higher animal feed prices, and a positive outlook on tourist inflow into the Kingdom.

FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2023/24 (July – June) to increase by almost 2.9 percent from the previous marketing year due to population growth.

In Marketing Year (MY) 2023/24, Post forecasts increases in corn and rice production due to improved access to high-quality agricultural inputs and seeds in Venezuela. However, access to financing continues to be the primary constraint to a significant expansion of harvested area.

FAS New Delhi (Post) forecasts India’s market (MY) 2023/2024 (April-March) wheat production at 108 million metric tons (MMT) resulting from 31.9 million hectares.

This report modifies the rice consumption, trade, and stocks analysis of the 2023 Grain and Feed Annual for Indonesia in light of new official information.

Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.

South Africa is on course to produce a fourth consecutive bumper corn crop in MY 2022/23, which creates a bearish outlook on local corn prices and will limit growth in the area to be planted with corn in MY2023/24.