Browse Data and Analysis

Post forecasts 2021/22 corn harvest at a record 118 million metric tons (MMT), up nearly 40 percent on the disappointing 2020/21 harvest estimated at 85 MMT.

Export prices of white and parboiled rice remained unchanged as the weakening of the Thai baht offset higher domestic prices for Thai rice.

FAS China’s marketing year (MY) 2021/22 corn import forecast is 20 million metric tons (MMT) while its estimate for corn imports in MY 2020/21 is raised to 30 MMT.

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.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

Export prices of white and parboiled rice increased one percent due to new inquiries from foreign buyers, particularly from African markets.

The 2021/22 rice production forecast is reduced from 8.2 to 7.9 million tons due to lower-than-average monsoon rains.

Export prices of all grades of rice remained unchanged despite a further weakening of the Thai baht against the U.S. dollar.

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.

MY2021/22 rice production remains unchanged at 21 million metric tons. Post revised down Thai rice exports to 5.8 million metric tons in 2021 due to high freight costs and a lack of available shipping containers.

Post forecasts Burma’s rice exports lower in September due to the continued closure of all border checkpoints along the Burma-China border, poor demand from African and EU countries, and high shipping costs.