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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.

For MY 2024/25, Post estimates that wheat area harvested will total 195,000 hectares (ha), a 2.5 percent decrease from MY 2023/24 to due to high input costs and low prices. Wheat production will reach 1.17 million metric tons (MMT).

In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.

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.

For marketing year (MY) 2021/22, Post forecasts 230,000 hectares (ha) of wheat planted area totaling 1.4 million metric tons (MMT) of wheat production, which represents a 2.56 percent increase over MY2020/21 due to high price expectations.

For marketing year (MY) 2020/21, Post projects 205,000 hectares of wheat planted area and 1.288 million metric tons (MMT) of wheat production which represents a 2.4 percent decrease over MY2019/20.

Post estimates Chilean wheat production in MY2018/19 to reach 1.51 MMT (million metric tons) considering a 3 percent increase in harvested area due to producers’ expectations of high prices.

While Chile remains the tenth largest producer of seeds in the world and the United States is the largest market for Genetically Engineered (GE) seeds, seed developers and researchers....

Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations.

Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations.

Ghana is a net importer of both rice and wheat. Post estimates Ghana’s rice imports in 2017/18 at 550,000 MT, down slightly year-to-year due to growing domestic production.

U.S. exports of agricultural and related products reached $ 986.8 million in Fiscal Year 2017 (FY 2017), which represents a 15 percent increase over FY 2016 and records the highest level of exports...