Browse Data and Analysis

Production of rice, beans, and pulses is forecast to decline in MY 2015/16 due to unfavorable weather conditions.

Post continues to forecast MY 2016/17 wheat production at 88 million metric tons (MMT) based on the initial harvest reports from the major producing states.

According to Statistics Canada planting intentions and assuming average yields, Post forecast total production of wheat, barley, corn and oats to reach 53.6 million metric tons (MMT) in 2016/2017.

Total wheat production increased 8% in MY2015/2016 reaching 1.6MMT. Production is expected to decrease on MY2016/17 as prices for domestic producers declined in MY2015/16.

Production of wheat in MY 2016/17 is forecast to decrease based on lower production area under this crop planted in Autumn 2015.

The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending of U.S. dollars outside of Nigeria.

Post estimates Vietnam’s wheat imports volume in the MY 2015/2016 at 2.60 million tons, an increase of about 300,000 tons compared to MY 2014/2015 imported volume.

Post expects marketing year (MY) 2015/16 Indonesian wheat imports to increase by 1.6 percent to 7.6 million metric tons (MMT), compared to 7.478 MMT in MY 2014/15.

Assuming average weather conditions during the growing season, FAS/Moscow forecasts Russia’s 2016 grain and pulses production at 101 million metric tons (MMT), a 2 percent decrease...

All grain production and imports are challenged by foreign exchange limitations that restrict access to key agricultural inputs and currency for overseas purchases.

Wheat production for crop 2016/17 is forecast at 1.0 million tons, lower than the previous year due to expected low farmer returns.

Total Poland production of grain for marketing year (MY) 2016/17 is forecast to increase by about 6 percent to 29.5 million metric tons (MMT).