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Wheat imports in marketing year (MY) 2024/2025 are forecast at 2 million metric tons (MMT). Canada led the Peruvian wheat market in calendar year (CY) 2023 with 72 percent market share.
Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.
Peruvian wheat production in MY 2022/2023 is forecast at 220,000 MT. Wheat imports in MY 2022/2023 are forecast at 2.25 MMT. Corn production in MY 2022/2023 is forecast at 1.7 MMT.
Wheat remains a minor crop in Peru and wheat imports in marketing year (MY) 2021/2022 are forecast at 2
Peru's corn imports are forecast to continue to grow due to demand from the booming poultry industry.
U.S. corn exports to Peru remain strong and are forecast to reach 3.4 MMT in MY 2019/2020.
Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....
Peruvian wheat production is all consumed domestically. Wheat imports in MY 2018/19 are forecast at 2.06 MMT.
Peru has established a new price band for rice that aims to increase importing costs. The new price band uses changes the reference price from Thai to Uruguayan rice prices.
Peruvian rice producers are demanding that the government reinstate import duties for rice.
Poultry production growing at five percent a year continues to drive demand for imported U.S. corn, making Peru our fifth largest overseas market.
Excessive rains caused by a coastal El Niño are causing flooding and landslides throughout Peru.