Browse Data and Analysis

Ukraine’s wheat, barley, and rye harvest for marketing year (MY) 2024/25 has concluded. MY2024/25 corn production is smaller due to lower yields. Post estimates MY2024/25 beginning stocks for grains at minimal levels, as Ukraine was able to maintain an independent export corridor out of its Odesa region ports for most of MY2023/24.

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.

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.

FAS/Sofia has revised downward its estimate for Bulgaria’s MY 2024/25 corn crop to 2.2 million metric tons (MMT), which if realized would be the smallest crop in over a decade. This is due to severe summer heat and drought in July and in early August.

Ukraine’s marketing year (MY)2023/24 has concluded for wheat, barley, and rye, but is still ongoing for corn. Ukraine established a stable export corridor in the Black Sea, allowing its major marine ports (Odesa, Chornomorsk, and Pivdenny) to keep grain exports flowing at rates slightly higher than in MY2022/23.

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...

Dry weather conditions between April and June in Turkiye’s grain-growing regions have resulted in decreased production forecasts for Marketing Year (MY) 2024/25. The Turkish government recently announced procurement prices for wheat and barley, as...

As of June 6, 2024, Turkiye has announced the suspension of wheat imports under the Inward Processing Regime from June 21-October 15, 2024. It also liberalized exports of milling wheat, durum wheat, and barley. In the same announcement, the Turkish Grain Board (TMO) announced new intervention prices for wheat and barley.

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.

Bulgaria has enjoyed favorable weather so far in MY 2024/25 that has supported the positive development of both winter and spring grains. Currently, FAS/Sofia estimates the MY 2024/25 wheat crop at 6.9 million metric tons (MMT), slightly above last year's crop.

In marketing year (MY) 2024/25, Canada’s total production of principal grains (wheat, durum, oats, barley, corn) is forecast to increase by 4.9 percent to 61.4 million metric tons (MMT) over the previous year on an additional 1.7 MMT of wheat production. In MY 2023/24, FAS/Ottawa is forecasting a 55 percent increase in corn imports over the previous year, on strong demand for animal feed due to the impacts of drought in the Prairie Provinces.

Uruguayan wheat production in marketing year (MY) 2024/2025 is forecast at 1.3 million tons, 260,000 tons lower than the previous crop season which saw record high yields. Wheat exports are projected down at 800,000 tons, 29 percent lower than the previous year.