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Post is forecasting total production of wheat, barley, corn, and oats to reach 52.6 million metric tons (MMT) in 2017/2018, a seven percent decrease from 2016/2017 production levels of 56.7 MMT.
Wheat exports for 2017/18 are forecast at 10.5 million tons, slightly higher than the previous year. Barley area for 2017/18 is forecast to drop for the second year in a row.
Mexican sugar production for marketing year (MY) 2017/18 is forecast to be 6.6 million metric tons raw-value (MMT-RV), although there is not yet an official forecast.
The EU sweetener market will take a new start after the end of the 50 year old EU sugar quota production system on October 1, 2017, and will probably face a period of increased market volatility.
On March 29, 2017, Peru suspended imports of poultry products from the States of Tennessee and Wisconsin.
Brazil’s MY 2017/18 sugarcane crush is estimated at 645 mmt, a one percent decrease compared to the previous season due to irregular weather conditions in some growing areas....
2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
ruguayan beef exports for 2017 are forecast down marginally at 382,000 tons carcass weight equivalent.
Sugar production and exports are projected to increase in marketing year 2017/2018, up from the previous year.
ugar production in marketing year (MY) 2016/17 set a record high of 653,000 metric tons due to carry over of cane not harvested the previous year.
Guatemalan sugar production for Marketing Year (MY) 2018 is forecast at 2.90 million metric tons (MMT).
Mexican oilseed production is expected to fall in marketing year 2017/18, as reduced government support and other factors make alternative crops more attractive for farmers.