Browse Data and Analysis

According to information published by the United Nations Joint Coordination Centre, as of June 20, 2023, approximately one-quarter of all grain and oilseed volumes shipped under the Black Sea Grain Initiative (BSGI) were destined for the People’s Republic of China (PRC); making it the single largest recipient of food and feed commodities.

New inquiries from foreign buyers drove rice export rice prices slightly higher.

Corn, rice, and sorghum production forecasts for marketing year (MY) 2023/2024 are revised upward, while wheat production is forecast lower at 3.4 million metric tons.

Export and domestic rice prices decreased despite the strengthening of the Thai baht.

This report contains revised production and export forecasts for MY2023/24 by Post

Zimbabwe’s corn crop for marketing year 2023/24 is estimated at 1.5 million metric tons. This represents an increase of five percent from the previous marketing year’s crop, mainly due to a normal rainfall season in the northern parts of the country.

Morocco notified G/SPS/N/MAR/97 on April 26, 2023. The notification concerns Morocco’s animal feed regulation. Comments are due no later than June 25, 2023. An unofficial translation is included in this report.

The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.

Rice export prices increased 1-3 percent due to the strengthening of the Thai baht.

Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.

Several Spain grain supply chain actors have released their first estimates for grain production for MY 2023/24 and concur with the poor crop prospects.

Export rice prices decreased one percent due to the weakening of the Thai baht.