Wheat

In marketing year (MY) 2024/25, Canada’s total production of principal grains (wheat, durum, oats, barley, corn) is forecast to increase by 4.9 percent to 61.4 million metric tons (MMT) over the previous year on an additional 1.7 MMT of wheat production. In MY 2023/24, FAS/Ottawa is forecasting a 55 percent increase in corn imports over the previous year, on strong demand for animal feed due to the impacts of drought in the Prairie Provinces.

The 2024 crop season in Morocco is progressing under difficult conditions. Dry and hot weather during January and February has driven production to record lows, especially in the southern parts of Morocco. Post forecasts MY2024/25 production at 1.55 MMT for common wheat, 0.75 MMT for durum wheat, and 0.65 MMT for barley.

FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.

USDA and USAID will deploy $1 billion in Commodity Credit Corporation funding to purchase U.S.-grown commodities to provide emergency food assistance to people in need throughout the world.

Private exporters reported the cancellations of sales of 264,000 MT of soft red winter wheat for delivery to China during MY 2023/2024.

Private exporters reported the cancellations of sales of 110,000 MT of soft red winter wheat for delivery to China during MY 2023/2024.