World Agricultural ProductionMonthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments, and analysis of economic data and satellite imagery. The report reflects official USDA estimates released in the monthly World Agricultural Supply and Demand Estimates (WASDE).
|
Oilseeds: World Markets and Trade
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds. Covers oilseeds (copra, cottonseed, palm kernel, peanut, rapeseed, soybean and sunflower seed), meal (copra, cottonseed, fish, palm kernel, peanut, rapeseed, soybean and sunflower seed) and oil (coconut, cottonseed, olive, palm, palm kernel, peanut, rapeseed, soybean and sunflower seed).
- Current Report
- Past Reports (USDA Economics, Statistics and Market Information System)
Grain: World Markets and Trade
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains. Covers wheat, rice and coarse grains (corn, barley, sorghum, oats and rye).
- Current Report
- Past Reports (USDA Economics, Statistics and Market Information System)
Cotton: World Markets and Trade
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in cotton.Current Report
Past Reports (USDA Economics, Statistics and Market Information System)
The following GAIN reports were released on April 9, 2024.
_______
Bangladesh: Grain and Feed Annual
Bangladesh continues to increase rice production, for marketing year (MY) 2024/25, Post forecasts rice production at 37.7 million metric tons (MT). With high international prices and increased production, Post forecasts limited opportunities for Bangladesh to import rice in MY 2024/25. As the feed industry rebounds, Post forecasts higher local production of corn to meet the demand. Post forecasts MY 2024/25 wheat imports slightly higher than MY 2023/24 based on increased demand.
Ecuador: Grain and Feed Annual
In 2023, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat, but has reduced subsidies for fertilizers, pesticides, and minor equipment for small producers. Corn consumption and wheat imports will remain similar to last market year, based on reduced growth in the livestock and aquaculture sectors. Rice production is forecast to fall slightly on reduced planted area due to the El Nino weather pattern. The decision from the Ministry of Agriculture to authorize rice imports to control price speculation and cover a production deficit was positive for consumers and processors, but negatively affected intermediaries. Corn, rice, and wheat all showed increases in yields. Imports of the three crops show new suppliers like Brazil and Uruguay, with higher quality and affordable prices.
India: Oilseeds and Products Annual
India’s oilseeds production in marketing year (MY) 2024/25 (October-September) is forecast to reach 41.9 million metric tons (MMT), a marginal drop from MY2023/2024 estimate of 42.7 MMT due weaker prices for Indian producers, limited agricultural input availability, and weather trends. Oil meal production is forecast to reach to 21 MMT for MY 2024/25 and revised to 21 MMT for MY 2023/24 due to good soybean, rapeseed-mustard, and peanut oilseed production for two consecutive years. India’s imports of edible oils are forecast to reach 16 MMT, a slight drop from MY2023/2024 owning to the impact of El Nino weather patterns on Indonesia, India’s largest supplier of palm oil.
Mexico: Oilseeds and Products Annual
Mexico’s oilseed crush in marketing year (MY) 2024/25 is forecast to increase due to higher vegetable oil and animal feed demand. Forecast economic growth and lower interest rates are expected to drive production of oil and meal and increase Mexico’s soybean and rapeseed imports by four percent and seventeen percent, respectively. Oilseed producers are expected to increase planted based on expected average weather, compared to drier conditions the previous year.
United Arab Emirates: Grain and Feed Annual
In MY 2024/25, Post forecasts imports by the United Arab Emirates (UAE) of all wheat, rice, corn, and barley to increase to meet high local demand. Strong tourism, population growth, and expanding poultry and dairy sectors will drive this demand. The UAE’s all wheat consumption is forecast to increase by 3 percent to 1.75 million metric tons (MMT) with imports higher by 2.6 percent or 1.95 MMT. Post revised its import estimates for the 2023/24 marketing year upward to 1.9 MMT, equal to the USDA official estimate. Rice consumption is expected to increase by 2.6 percent or 975,000 metric tons (MT) with imports to increase by 5.5 percent or 950,000 MT to meet this growth. Corn consumption is forecast to increase by 3.5 percent at 445,000 MT and imports to increase by 3.3 percent or 465,000 MT. Post projects barley consumption to increase by 4.3 percent to 360,000 MT and imports to increase by the same percentage to 365,000 MT.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.
The following GAIN reports were released on April 10, 2024.
_______
Dominican Republic: Sugar Annual
Sugar production in the Dominican Republic (DR) is forecast to reach 520,000 metric tons (MT) due to favorable rainfall conditions through the first half of marketing year (MY) 2024/2025 (October - September). Production for MY 2023/2024 is estimated at 500,000 MT, compared to the previous marketing year. Despite ongoing import restrictions imposed by U.S. Customs and Border Protection (CBP) on sugar and sugar-based imports on the leading Dominican producer, Post expects that the DR will meet the U.S. sugar quota for fiscal year (FY) 2024.
Egypt: Cotton and Products Annual
Egyptian cotton production in marketing year (MY) 2024/25, the period from August 2024 to July 2025, is forecast at 310,000 bales, down 40,000 bales from MY2023/24, driven by a 4-percent drop in harvested area and lower input use, impacting yields. Imports are forecast at 450,000 bales, down 50,000 bales on lower exportable supplies from Sudan. MY2024/25 domestic mill use is forecast higher at 600,000 bales, up 20 percent, based on a projected recovery in global textile and garment demand and expanded spinning and weaving capacity in Egypt. Post forecasts MY2024/25 exports higher at 184,000 bales, down 66,000 bales from MY2023/24 due to steady demand which is capped by a government export ban. MY2024/25 ending stocks are forecast to fall to 416,000 bales down 24,000 bales from MY2023/24 USDA official estimates.
Paraguay: Grain and Feed Annual
Paraguayan wheat production in marketing year (MY) 2024/2025 is forecast up at 1.15 million tons as a result of a significant increase in planted area and improved yields. Wheat exports would also be up at 450,000 tons. Corn production in MY 2024/2025 is projected at 5.2 million tons, up from the previous season. The harvested area is also up at 900,000 hectares. With a slightly higher domestic consumption, corn exports in MY 2024/2025 are forecast at 3.3 million, one of the largest volumes on record. Rice production in MY 2024/2025 is forecast at a record 1.28 million tons, rough production, on a record area of 203,000 hectares. Very good returns and low ending stocks in MY 2023/2024 will most likely encourage farmers to plant more. Exports are forecast at 760,000 tons, one of the highest volumes on track.
South Korea: Grain and Feed Annual
The Korean government’s policy incentivizing farmers to replace rice acreage with other crops is the driving force behind record low rice planting and production projected in marketing year (MY) 2024/25. On the other hand, MY 2024/25 wheat production, which benefits from the policy, is expected to reach the highest level since 1983. Korea is experiencing severe demographic changes, including the world's lowest fertility rate, which along with western eating habits will perpetuate trends of increased wheat and protein consumption and falling table rice demand. Market share of U.S. corn is on track to rebound in MY 2023/24 to close to 10 percent after it plummeted to 7 percent in MY 2022/23. An exceptionally high infusion of government rice reserves into the feed market in calendar year (CY) 2024 is expected to displace some imports of feed corn and feed wheat, and these two major feedstocks will continue to compete on their relative price spread.
Thailand: Food Processing Ingredients Annual
Thailand's food and beverage industry contributes significantly to the country's economy. Thailand aims to be one of the world's top ten processed food exporters by 2027 and a key global player in the "Future Food" market.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.
This email was sent to politikimx@gmail.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250 |