Browse Data and Analysis

On February 2, 2018, Egypt’s General Authority for Supply Commodities (GASC) issued updated requirements for suppliers wishing to participate in government tenders for wheat procurement.

After a record harvest of 98.5 million metric ton (MMT) last year, India’s MY 2018/19 (April/March) wheat production is forecast lower at 94 MMT on lower planting, still a record fourth highest crop.

MY17/18 grain production was better than expected due to favorable weather conditions and relatively minor losses from Fall Army Worm.

Post expects relatively minor changes in 2018/19 in Mexican production of corn and sorghum, with a larger percentage decrease in wheat production due to water availability among other factors.

The United States is the main sourcing option for Colombian importers of corn and rice.

Israel is almost completely dependent on imports to meet its grain and feed needs.

The Government of Pakistan has authorized an export subsidy of up to $159 per metric ton to facilitate exports of up to 2 million metric tons of wheat.

MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.

Saudi corn imports in marketing year (MY) 2017/18 are forecast to increase by 15 percent, to about 4 million MT.

Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.

Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations.

As Ecuador’s economy recovers and domestic corn prices remain high, consumption of wheat and rice increased in 2017/18.