Browse Data and Analysis

EU grain production in MY 2024/25 is expected to decline from last year’s levels due to a combination of smaller area planted to grains and lower yields affecting all grains except for barley and oats.

In MY 2024/25, EU grain production is anticipated to exceed the previous season’s levels and amount to 274 MMT. Excessive rain currently prevails in the EU’s northwest, hampering winter grains development and impeding spring planting operations.

Wheat consumption in the Dominican Republic (DR) during marketing year (MY) 2024/25 (July 2024/June 2025) is forecast at 490,000 metric tons (MT), unchanged from the previous MY. Dominican wheat imports are forecast to rise to 670,000 MT due to manufacturers’ international expansion plans and growth in the hotel, restaurant, and institutional (HRI) sector.

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...

Weather conditions ranging from excessive heat to cooler than average temperatures, and from drought to excessive moisture, have curbed MY 2023/24 EU winter grain production expectations.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

MY 2023/24 European Union oilseed production is forecast to increase by over four percent over the previous drought affected year.

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 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.

Warm and dry summer conditions have taken a toll on EU grain production projections, especially in the case of corn. On a positive note, a surge in corn imports originating from Brazil and Ukraine, with the recent four-month extension of the Black Sea Grain Initiative, have increased predictability of the EU grain market balance.

FY2022 agricultural exports reach record levels.