Browse Data and Analysis

On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.

Burma’s corn production is estimated at 2.57 million metric tons in both MY 2020/21 and MY 2021/22 due to high price incentives.

Zambia produced its largest corn crop on record in the 2021/22 MY. This bumper corn crop of 3.6 million tons follows on Zambia’s third largest corn crop of 3.4 million tons produced in the 2020/21 MY.

Unexpectedly dry weather conditions in Turkey between April and June in many regions led to lower wheat and barley production forecasts for MY 2021/22.

Weather conditions accelerated crop development and crop condition is generally described as good to excellent.

Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production.

Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official.

Wheat imports for 2020/21 are revised downward to 9.5 million tons from the previous estimate of 10.0 million tons, reflecting lower inclusion rates in feed rations.

MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns.

The 2021 monsoon kicked off with some force in June, reaching four-fifths of the Indian subcontinent.

South Africa should remain a net exporter of corn in the 2021/22 marketing year (MY) on excess supplies.

Post’s MY2021/22 corn import forecast is 20 MMT, 6 MMTs below USDA’s official forecast with the expectation that demand softens as corn imported during the current marketing year enters commercial channels, stock building moderates, and the expansion of domestic corn area results in greater production.