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After surging in MY2018/19, Philippine grain imports (wheat, corn and rice) will decline in MY2019/20 as the country returns to more normal weather conditions following last year’s El Niño....
MY 2018/19 corn production is estimated at a record 101 MMT, 23 percent higher than the previous harvest, based on record area and yields.
Winter grain crop prospects in much of Australia deteriorated in September as a result of inadequate rainfall.
The Government of Morocco has released its final wheat and barley production numbers for the 2018 crop, including 4.91 MMT of common wheat, 2.43 MMT of durum wheat and 2.91 MMT of barley.
Algeria’s MY2019/20 cereal harvest was good particularly for barley and exceeded 6 million MT.
On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
Rice consumption continues to decline due to a shrinking population and reductions in per capita consumption.
Corn production in 2019/20 is up 20 million tons from July’s projection to 250 million tons, as area harvested and yield are adjusted higher.
Malaysia’s multi-billion dollar food processing industry is driven by an expanding economy and increased consumer spending.
In 2018, free from food retail sales in Portugal reached $132 million, 11 percent higher than the previous year.
Egypt wheat production is still forecast at 8.77 MMT in MY 2019/20, up from 8.45 MMT in MY 2018/19 due to expansion of total area harvested.
On August 28, China’s State Council Customs Tariff Commission (SCCTC) announced that China will administer a second round of tariff exclusions for certain imports originating from the United States...