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The Government of Egypt announced on January 5, 2017 that the price to be paid for local wheat to be harvested starting in mid-April, will be based upon the announced average international price...
A World Bank report indicates Senegalese economic growth will continue to accelerate in 2015 and 2016 due to the rebound in the agricultural sector coupled with the end of the Ebola epidemic...
FAS/Astana estimates wheat production in Kazakhstan in MY2016/2017 at 15.0 MMT, 1 MMT lower than the previous Post report. This estimate is based on Kazakhstani Statistical data...
India notified its new standards on cereal and cereal products to the World Trade Organization (WTO) and invited WTO members to provide comments.
2016/2017 wheat production is estimated at 6.7 million metric tons (mmt), up 17 percent from the previous year based on good weather driving better quality.
Corn production is projected to be higher than previous estimates, as farmers shifted production from sorghum to corn due to pest concerns.
For MY 2016/17 (May to April) the rice planted area and production forecast is marginally raised to 11.76 million HA and 34.58 MMT.
Post agrees with USDA’s estimation of Argentina’s 2016/17 wheat production volume (15.0 million tons) and exports (8.6 million tons).
The government of Korea has approved the use of 470,000 MT (milled basis) of rice stocks for feed use in Calendar Year (CY) 2017, a quantity more than five times larger than in CY 2016.
The Turkish Grain Board (TMO) completed the wheat import tender which was held on January 13, 2017. After amendments to the regulations, tenders can only be submitted in Turkish Lira.
In mid-January, Ethiopia cut the size of its earlier-announced milling wheat tender of 720,000 metric tons to 400,000 metric tons.
FAS/Moscow increased its forecast of Russia’s total grain crop in Marketing Year (MY) 2015/16 by three million metric tons (MMT) to 118.0 MMT.