Browse Data and Analysis

Pakistan’s 2018/19 wheat production is estimated at 26.3 million metric tons (MMT), 800,000 tons higher than current USDA estimate.

Domestic and export rice prices remain unchanged. Exporters are currently fulfilling pending rice shipments to Africa and the Philippines.

Post forecasts wheat exports in MY2018/19 at 13.6 million tons, 600,000 tons lower than USDA, leading to greater stocks at 760,000 tons.

The EU28 grain harvest is now well under way, having started earlier than normal in most Member States due to a very dry spring.

FAS Moscow decreased its April 2018 total grain production forecast by 13.8 million metric tons (MMT) to 109.9 MMT based on reports of reduced area and cold and rainy conditions in some regions....

On July 4, 2018, the Government of India (GOI) approved a significant increase in the minimum support prices (MSPs) for the kharif (fall harvested) crops for the 2018/19 season.

Unexpected weather conditions between April and June led to slightly lower wheat and barley production forecasts, while late spring rain helped the corn crop.

For marketing year (MY) 2018/19, feed consumption is forecast to increase slightly, as the domestic pork industry rebounds and growth continues in the aquaculture sector.

Indonesia’s rice imports are expected to reach 2 million tons in 2017/18 due to low stock levels and increased competition from corn plantings.

MY 17/18 corn production is estimated lower at 83 MMT, due to late-planted safrinha corn, reduced crop inputs, and dry conditions in some states.

Rice export prices remained steady while traders await for the government to announce on July 11 the sale results of the remaining 2 million metric tons of government rice stocks.

Overall grain production is expected to fall in MY2018/19 due to weather-stress and a flurry of domestic support and trade policy developments.