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In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.
The UK presents strong market opportunities for many U.S. consumer-oriented products.
Wheat, barley, corn and oat production in 2014/2015 is forecast at 49.7 million metric tons (MMT), 20 percent lower than MY 2013/14, but exports are forecast to remain strong.
The Peruvian wheat crop for 2014/15 is estimated at 150,000 hectares (Ha) with a trend yield of 1.52 metric tons per Ha (MT/Ha), for a projected production of 230,000 metric tons (MT). Wheat area is estimated to decrease three percent this season...
Imports of yellow corn, rice, and wheat are expected to be strong based on rising domestic food demand, continued requirements of the animal feed industry, and reductions in domestic production.
Due to drought and irrigation water deficit problems in the south, Post forecasts MY2014/15 wheat production at 7.15 MMT.