Browse Data and Analysis

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.

FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.

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.

In MY 2024/25, milled rice production is projected to reach 1.2 million metric tons (MMT), reflecting a five percent increase from MY 2023/24. Post estimates milled rice production for MY 2023/24 at 1.14 MMT, a three percent increase compared to the MY 2022/23 estimate of 1.1 MMT.

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.

The UK is forecast to have one of the lowest grain crops on record in MY 2024/25 following challenging winter planting conditions, a very wet winter, and continued rains now disrupting crop management and spring plantings. Not only is this expected to significantly reduce the planted area, but also average yields.

Argentine wheat production in marketing year (MY) 2024/2025 is forecast at 16.8 million tons, 1 million tons higher than the previous weather-affected season. Exports are projected to remain practically flat at 10 million tons (including wheat flour in its wheat equivalent.

This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.

Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....

Rice production in Cambodia is forecast to increase due to higher rice prices and the use of higher quality seeds. Rice exports to Vietnam have been surging as Vietnam mills have offered higher prices to Cambodian farmers.

In market year (MY) 2024/2025, FAS (Post) forecasts Venezuela’s corn production to reach 1.36 million metric tons (MMT), 5 percent higher year-on-year due to favorable weather conditions. Production increases are likely to increase despite low international prices and limited financing that will likely discourage expanded planting area.

In 2023, feed demand was low due to weak demand in Europe and the United States for Vietnamese produced aquaculture products. Post expects aquaculture and livestock production to rebound in the in MY 2024/25 increasing overall feed demand and as a result also increasing corn consumption. As domestic corn production remains uncompetitive with foreign imports, corn imports are forecast to grow Wheat imports are forecast to decline due to market volatility.