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The food processing industry an important sector for France. In general, it has successfully managed the Covid-19 crisis by adapting to cost increases and more stringent sanitary measures.

Post maintains its corn production forecast for MY 2020/21 (March 2021–February 2022) at 105 million metric tons (MMT), based on the smaller-than-expected first crop of corn paired with widespread delayed planting of second-crop “safrinha” corn.

The Minister of Agriculture indicated that Algeria’s (2020-2021) agricultural season foresees a good crop harvest if supplemental irrigation is well implemented.

Following a 20 percent decline in 2020/21, cotton imports are forecast higher in 2021/22 on stronger global and domestic demand for textile and textile products.

In market year (MY) 2021/22, cotton area harvested is forecast to increase seven percent to 70,000 hectares (ha), from 65,000 ha in MY 2020/21.

Post forecasts India’s MY 2021/22 cotton production will increase by three percent to 29.7 million 480 lb. bales on a lower area of 13 million hectares.

Wheat consumption in the Dominican Republic (DR) during Marketing Year (MY) 2021/2022 (July 2021/ June 2022) is forecast at 455,000 metric tons (MT), with imports at 590,000 MT.

India is heading for its fifth consecutive bumper wheat harvest in the upcoming marketing year thanks to favorable weather conditions in the major wheat growing areas.

Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.

Assuming a normal 2021 monsoon season (June-September) and favorable weather conditions, India’s total oilseed production in market year (MY) 2021/22 (October-September) is forecast to rise four percent to 39.9 million metric tons (MMT), based on expectations of near normal oilseed crop yields.

Pakistan’s Marketing Year (MY) (October/September) 2021/22 edible oil imports are anticipated to be a record 3.7 million metric tons (MMT), up five percent over the previous year to meet increased demand.

Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated in 2020 at $152 billion, an increase of 12.7 percent compared to the previous year.