Japan: Grain and Feed Annual
Given the competitiveness of U.S. corn, wheat and rice prices, Japanese demand for these grains has remained strong. However, exports from Pacific Northwest ports in the United States were slowed during the winter of 2016-2017 due to severe weather, which led to corn and wheat supply shortages in Japan in early 2017. To meet the shortage, Japan used some emergency reserves of corn and wheat, and reportedly imported limited volumes of corn from China. Despite the temporary supply chain disruption, Japanese feed production is expected to remain stable. Additionally, as a result of favorable weather conditions, Japanese rice production increased to 7.8 million MT in MY2016/17.
