Browse Data and Analysis

Rice import for MY 2023/24 is forecast to increase by 4 percent as flooding curbs domestic production and increases imports.

Post estimates Argentine wheat production to rebound to 19.5 million metric tons (MMT) in marketing year (MY) 2023/24, resulting in wheat exports of 13.7 MMT (including wheat flour as its wheat equivalent).

This report summarizes the activities and outcomes of FAS Bogota's SaborUSA digital marketing initiative (July 2021 – June 2022) and its focus on promoting U.S. popcorn in Colombia.

Posts projects Paraguay’s wheat production for marketing year (MY) 2023/2024 to increase to 1.25 million metric tons (MMT), with exports rising to 410,000 MT.

In MY 2023/24, EU’s grain production is anticipated to reach 285 MMT, up from the 267 MMT registered the previous season, when a severe drought pushed yields down. Favorable initial crop development conditions are reported across the EU, although spring rains in the EU’s southwest will be critical to replenish soil moisture and allow for yields to bounce back to average levels.

Wheat consumption in Haiti in marketing year (MY) 2023/24 (July 2023/June 2024) is forecast at 405,000 metric tons (MT), stable compared to the previous marketing period.

FAS Rangoon (Post) forecasts Burma’s rice exports, corn exports, and wheat import smaller in MY 2023/24. Exporters and importers continue to face a lot of uncertainties with the continuing changing policies on export/import procedures and foreign currency controls.

FAS/Seoul forecasts marketing year (MY) 2023/24 corn imports to remain flat, with U.S. market share gradually recovering towards the end of the year. Wheat imports are expected to decline towards the long term average as feed wheat loses a temporary price advantage over corn.

FAS Amman (Post) forecasts Jordan’s wheat imports in MY 2023/24 to reach 1.25 million MT. The Russian war on Ukraine directly impacts Jordan, as most of Jordan's wheat and barley come from Black Sea.

Brazilian corn and wheat productions continue to exceed expectations, setting record-breaking harvests. In contrast, Brazil is expected to produce its lowest rice crop in 25 years due to a period of prolonged drought in the south and low profitability for farmers.

Wheat consumption in the Dominican Republic (DR) during marketing year (MY) 2023/24 (July 2023/ June 2024) is forecast at 460,000 metric tons (MT), up two percent from MY 2022/23. Dominican wheat imports are forecast at 622,000 MT, a two percent increase from the last forecast due to manufacturers’ international expansion plans as well as expected population and hotel, restaurant and institutional (HRI) sector growth.

FAS Manila forecasts MY 2023/24 milled rice production will rebound to 12.55 million MT because of increased government funding to the sector, which is expected to increase fertilizer application. FAS Manila forecasts rice imports flat at 3.6 million MT because of increased local production.