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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.
Post’s MY 2018/19 rice production forecast is raised marginally higher to 111 MMT on higher than expected planting and normal yields due to favorable growing conditions in major rice producing states.
The report provides updates on rice in Cambodia. Post revised production volume in marketing year (MY) 2017/2018 at 9.1 million metric tons (MMT) - an increase of 5.7 percent over MY16/17....
On September 27, 2018, Taiwan completed a normal rice tender for 6,000 tons of U.S-origin milled medium/short grain rice at $717.65 per ton for delivery in 2019.
The Polish Ministry of Agriculture (MinAg) announced that farmers will be eligible to receive PLN 1.5 billion ($410 million) in financial support to offset losses from the 2018 drought.
Market year 2018/19 corn production is forecast higher at 95 MMT based on an expected return to normal yields and expanded safrinha area in response to higher prices.
For marketing year (MY) 17/18, Post revises total paddy production down slightly, from 46.31 million metric tons (MMT) to 45.55 MMT, compared to the USDA official number.
On September 12, 2018, the Russian government website dedicated to regulations published draft amendments to decree No. 1595 on the rules for providing grain transportation subsidies....
Rice export prices increased 1 to 2 percent due to increased currency exchange risk from the strengthening Thai baht.
This report contains revised production and trade forecasts for MY2018/2019, as well as updated trade estimates for MY2017/2018.
The cumulative rainfall for the Southwest Monsoon 2018 reported by the Indian Meteorological Department, as of September 23, 2018, was 9 percent lower than the fifty-year average.
The Department of Agriculture made changes to the process for registering new plant varieties.