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Imports of wheat and rice are forecast up in MY2024/25 mainly because of increased consumption. Corn and rice production is expected to increase due to favorable weather conditions, adoption of improved seed varieties, and the implementation of the second phase of the Government of Ghana’s (GOG) farmer support program.
Favorable winter growing conditions set Tunisia up for an above average 2024 harvest. The wheat and barley crops have developed well entering the most critical growing period in April.
Wheat and barley production is expected to decline due to heat stress and insufficient rainfall. Post forecasts MY 2023/24 wheat and barley production at 800,000 MT and 220,000 MT, respectively, with imports at 2.2 MMT and 900,000 MT.
Assurances of support from bilateral creditors and the IMF, and goodwill from the international community in helping Ghana weather the economic storm has offered a brighter hope of an economic resurgence.
The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.
The Government of Ghana (GOG) is pursuing the creation of a Grains Development Authority (GDA) to, among other objectives, further the development and regulation of the market for domestically produced grains and legumes.
Forecasts of below average rainfall and extended dry spells in most parts of the country by the Ghana Meteorological Agency, looming shortage and soaring global prices of fertilizer, and a further cutback on fertilizer subsidy rate are set to erode the grain production gains of GOG’s Planting for Food and Jobs program.
Wheat and barley crops received adequate rainfall. Post forecasts MY 2022/23 wheat and barley production at 1.1 MMT and 420,000 MT, respectively, with imports anticipated at 2.1 MMT and 950,000 MT.
Post projects milled rice production for market year (MY) 2021/22 at 600,000 metric tons (MT); a five percent increase from the prior year estimate
Wheat and barley crops have received sufficient rainfall. Post forecasts MY 2021/22 wheat and barley production at 1.2 MMT and 650,000 MT, respectively, with imports at 2.1 MMT and 700,000 MT.
Wheat and barley crops have received sufficient rainfall.
Post predicts Ghana’s MY 2020/21 wheat and rice imports at 990,000 and 950,000 metric tons (MT), respectively.