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No significant changes are made to 2023/24 rice and wheat supply and demand forecasts. Private sector wheat import commitments of about 1.4 million tons underpin the 2 million ton 2023/24 wheat import forecast.

The steady demand for Thai rice from ASEAN countries slightly boosted rice export prices and offset the weakening of the Thai baht.

On December 7, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the registration of 51 genetically engineered (GE) corn and soy varieties, including 37 GE corn varieties and 14 GE soybean varieties.

Planting of India’s rabi season (i.e., winter sown, spring harvested) crops is progressing somewhat slower than anticipated due to relatively dry soil moisture conditions.

Rice export prices increased 2-4 percent as the Thai baht strengthened and new crop rice harvesting was nearly completed.

Extreme weather conditions across the EU reduced grain production projections in MY 2023/24, although production is still anticipated to exceed MY 2022/23 levels. EU grain export expectations have deteriorated based on third country competition in...

On August 23, 2023, the Philippine Department of Agriculture issued Memorandum Circular No. 37 (2023), an Addendum to the Bureau of Animal Industry Memorandum Circular No. 26 (2021), which requires traders to submit a Feed Utilization Report and...

Economic slowdowns in Indonesia’s export destination countries negatively affected its imports and consumption of wheat. Wheat imports for 2022/23 are revised down to 9.446 million metric tons (MMT) from the previous estimate of 9.526 MMT, reflecting...

Rice export prices increased 2-5 percent as the Thai baht strengthened.

The People’s Republic of China (PRC) is in the process of drafting a “PRC Food Security Protection Law” with the stated purposes of safeguarding the nation’s grain supply, ensuring domestic food security, and protecting the PRC's economic and social...

Post increased the MY2023/23 rice production forecast to 19.9 MMT to reflect greater water availability than previously projected for the MY2023/24 off-season rice crop. The forecasts for MY2023/24 corn production and imports and MY2023/24 wheat...

South Africa’s sorghum imports are expected to be elevated over the next two marketing years on lower production coupled with lower stocks as production continues to decline. Sorghum production in South Africa dropped over the past two decades as...