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Export prices of white and parboiled rice further decreased 4-5 percent.
On July 14, India's Food Safety and Standards Authority of India extended the compliance timeline for guidelines issued for commercial feeds/feed materials for a limited pool of industry stakeholders,
Unexpectedly dry weather conditions in Turkey between April and June in many regions led to lower wheat and barley production forecasts for MY 2021/22.
Weather conditions accelerated crop development and crop condition is generally described as good to excellent.
With nearly 1.3 million metric tons (MT) of exports in MY2020/21, Spain hit an all-time record in fodder exports.
Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.
On July 21, 2021, the Philippines became the first country in the world to approve Golden Rice for commercial propagation, which aims to reduce malnutrition.
Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.
Grain production in Australia is set for a second consecutive big year of production after two years of drought.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Wheat imports for 2020/21 are revised downward to 9.5 million tons from the previous estimate of 10.0 million tons, reflecting lower inclusion rates in feed rations.
MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns.