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According to preliminary model-based field crop estimates, spring wheat production in MY 2024/2025 fell one percent over the previous year on a 2.9 percent decline in area planted, partly offset by improved average yields.
Argentine wheat production in marketing year (MY) 2024/2025 is estimated at 18 million tons (MMT) with exports (including wheat flour in its wheat equivalent) at 12 million tons, slightly above USDA official.
In marketing year (MY) 2024/2025, Colombia’s corn production is projected to remain at 1.5 million metric tons (MMT), 6 percent lower year-on-year
FAS estimates Venezuela corn production at 1.36 million metric tons for the new market year (MY) 2024/2025 on a planted area of 350,000 hectares. Significant economic uncertainty persists following the July 28, 2024, presidential election, and higher inflation and a scarcity of U.S. dollars will likely inhibit increased corn acreage and limit yields.
The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, rice, and sorghum based on higher-than-average precipitation and a gradual recovery from exceptional drought conditions.
With the expected end of the El Niño weather phenomenon, which severely impacted corn productivity this 2023/24 harvest, Post forecasts a year-on-year increase in corn production for MY 2024/25 (March 2025 – February 2026) at 127 MMT.
On July 7, 2024, the Government of Mexico (GOM) announced an update for registrations in the National Catalogue of Plant Varieties to include “native varieties.” According to the GOM announcement about the update, the purpose of the change is to...
Argentine wheat production in marketing year (MY) 2024/2025 is forecast up at 18.6 million tons, 600,000 tons higher than USDA’s official estimates as a result of higher planted area. Exports in the same period are projected up at 12.4 million tons...
FAS/Ottawa is forecasting total wheat production to reach 35.5 million metric tons (MMT) in marketing year (MY) 2024/25, an 11 percent increase over the previous year, because of significant improvements in crop conditions in the major wheat-growing...
Brazil consumes over 12 million tons of wheat and wheat-based products per year, which is more than the country's national production of roughly 9.5 million tons.
Following the June 2024 election of Claudia Sheinbaum as the next President of Mexico, the sitting President Andres Manuel López Obrador expressed intent to move forward with constitutional reforms in the September 2024 legislative session.
Following a year of exceptional drought conditions in marketing year (MY) 2023/2024, the outlook for Mexican grain production in MY 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on producer expectations for a gradual recovery to average precipitation levels.