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The total MY2017/18 EU-28 grain crop is revised up 2 MMT to 304 MMT, due to improved outlooks for both the wheat and corn crops.
Based on market arrivals, Pakistan’s 2017/18 cotton production is estimated at 9.2 million 480 lb, largely unchanged.
Pakistan’s soybean imports during 2016/17 reached a record 1.6 million metric tons (MMT) and are forecast at 2 MMT in 2017/18 based on preliminary bookings.
Sugar production is forecast at a record 6.5 million metric tons for 2017/18, up 6 percent from the initial forecast of 6 million tons due to an increase in area, better cane yields....
Based on the latest official estimate, Pakistan’s 2017 wheat production was 25.7 million metric tons, the second largest harvest on record.
A shifting political landscape in the EU has led to fears that voting “against” import authorization of Genetically Engineered (GE) crops is becoming perilously close to a new norm.
Pakistan’s 2017/18 cotton production is forecast at 9.0 million 480 lb bales, down slightly from the current USDA estimate due to a slight reduction in area as projected yields are largely unchanged.
Updated import duties of Euro 5.16 per metric ton are applied on corn, sorghum and rye from August 8, 2017.
The EU28 grain harvest is now under way in most Member States.
Pakistan continues to increase its purchasing of soybeans and imports are expected to reach a record 1.6 million metric tons (MMT) during 2016/17 and two MMT during 2017/18.
On February 2, 2017, the European Commission launched a consultation on the future of the Common Agricultural Policy (CAP) in order to better understand where the current policy can be simplified....
The Government of Pakistan procured 6.3 million metric tons (MMT) of wheat from the recent harvest; the highest procurement level in recent years.