Browse Data and Analysis

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

On May 17, the Government of Iraq (GOI) announced higher purchase prices for locally-produced wheat in an effort to incentivize farmers to market their crop to the Ministry of Trade. On June 8, the GOI also passed a food security bill that allows the government to use public funds to meet urgent food needs, including issuing tenders to import wheat.

The Algerian Minister of Agriculture forecasts Algerian grain production to reach 3 to 3.2 million metric tons (MMT) in MY2022/23. This is an increase from last marketing year and supports the Algerian policy to increase domestic production.

Post increased its corn production forecast for Marketing Year (MY) 2022/23 to 120 million metric tons (MMT) based on strong demand, increased prices in the domestic and international markets, and diminishing uncertainty over the availability of fertilizers. For MY 2021/22, Brazil’s corn planted area is set to reach new records.

Based on the government’s international procurement intentions, the 2022/23 wheat import forecast is increased from 2.0 to 2.5 million tons (MMT). Due to water shortages in key producing areas during the early planting season, the rice production forecast for 2022/23 (November-October) is reduced from 9.0 to 8.6 MMT.

Rice export prices decreased 4 percent despite the strengthening of the Thai baht.

Post revises estimates of the Vietnam’s marketing year 2021/2022 (MY 2021/22) spring crop harvest area and production down to 3,000 thousand hectares (THA) and 20.10 million metric tons (MMT) due to abnormally cold weather, unseasonal rains and uneven rain distribution, and high costs of inputs.

On June 25, 2022, the Philippine Department of Agriculture (DA) Bureau of Animal Industry (BAI) informed domestic stakeholders at a consultative meeting that it will be enforcing BAI Memorandum Circular No. 26 (MC26), dated August 11, 2021.

On June 10, 2022, the Government of Kenya issued additional tariff exemptions for new feed ingredients to address rising feed costs. Duty exemptions were granted for genetically engineered Bt. cottonseed cake, distillers’ dried grains with solubles...

UAE’s overall economic recovery will boost consumption and imports of grain and feed in MY 2022/23. The Ukraine conflict and other factors contributing to high commodity prices and food security may put downward pressure on UAE consumption in MY 2021/22.

Morocco is facing low wheat production in marketing year 2022/23 due to drought. The Ministry of Agriculture forecasts total wheat and barley production at 3.2 million metric tons, about 62 percent down from the previous year’s crop (10.2 million metric tons).

The FAS/Seoul June 2022 Grain and Feed update covers changes to the Korean rice situation since the March 2022 Grain and Feed Annual report. MY 2022/23 rice production will likely decline slightly (1.4 percent) from the previous estimate due to government efforts to avoid overproduction, while consumption and imports are projected to remain unchanged from FAS/Seoul’s initial forecast.