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This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
Jordan continues to rely heavily on imports for essential staples such as wheat, barley, corn, and rice due to limited domestic production and scarce water resources.
Market share of U.S. corn in South Korea is expected to remain strong in MY 2024/25 after rebounding to 20 percent in MY 2023/24. Domestic rice production continues its slow decline as the government incentivizes farmers to switch to planting alternate crops.
On September 25, 2024, India’s Ministry of Agriculture and Farmers Welfare (MoAFW) released final production estimates of major crops for Indian crop year (ICY) 2023/2024 (July-June). MoAFW estimated grain production at a record 332.3 million metric tons (MMT) due to record production of rice and wheat.
According to preliminary model-based field crop estimates, spring wheat production in MY 2024/2025 fell one percent over the previous year on a 2.9 percent decline in area planted, partly offset by improved average yields.
Turkiye’s overall production of grain for marketing year (MY) 2024/25 is forecast to drop year-over-year due to drier-than-normal weather conditions across most of the country.
Ukraine’s wheat, barley, and rye harvest for marketing year (MY) 2024/25 has concluded. MY2024/25 corn production is smaller due to lower yields. Post estimates MY2024/25 beginning stocks for grains at minimal levels, as Ukraine was able to maintain an independent export corridor out of its Odesa region ports for most of MY2023/24.
Argentine wheat production in marketing year (MY) 2024/2025 is estimated at 18 million tons (MMT) with exports (including wheat flour in its wheat equivalent) at 12 million tons, slightly above USDA official.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
FAS estimates Venezuela corn production at 1.36 million metric tons for the new market year (MY) 2024/2025 on a planted area of 350,000 hectares. Significant economic uncertainty persists following the July 28, 2024, presidential election, and higher inflation and a scarcity of U.S. dollars will likely inhibit increased corn acreage and limit yields.