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For Marketing Year (MY) 2019/20, FAS/Seoul has increased the projection for corn imports to 10.8 MMT.
Due to relatively attractive local market prices after the drought conditions of the previous season, Post projects South Africa to increase corn planting by at least 10 percent in the 2019/20 MY.
MY2019/20 rice production is revised down as the main rice crop was affected by flooding. Rice exports are revised down further due to strong competition in low-quality rice markets.
Mexico is the second-largest export market of agricultural products from the United States. Over the last decade, U.S. agricultural exports to Mexico grew 48 percent to $19.1 billion.
The Egypt Food Service - Hotel Restaurant Institutional (HRI) sector’s sales grew in 2018; reaching $17.4 billion, representing about 7 percent of Egypt’s gross domestic product....
On April 24, 2019, the Ministry of Agriculture and Rural Development (MARD) officially announced the detection of Fall Armyworm (FAW), Spodoptera frugiperda, in Vietnam.
This report contains FAS Kyiv’s revised production forecasts for MY2019/20 as well as trade estimates for MY2018/19.
After surging in MY2018/19, Philippine grain imports (wheat, corn and rice) will decline in MY2019/20 as the country returns to more normal weather conditions following last year’s El Niño....
Vietnam, Thailand, and Burma (Myanmar) are part of the fastest developing region in the world and account for roughly 221 million of Southeast Asia’s population.
MY 2018/19 corn production is estimated at a record 101 MMT, 23 percent higher than the previous harvest, based on record area and yields.
On September 20, 2019, the Vietnam Ministry of Agriculture and Rural Development (MARD) approved five biotech events, including, two soybean events, one corn event, and two alfalfa events.
On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.