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- (-) May 2016
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Export prices increased 3 to 5 percent due to strong enquiries for parboiled rice while domestic supplies are expected to be tighter.
Indonesian Ministry of Agriculture Regulation 13/2016 updates import procedures for fresh foods of plant origin (FFPO).
According to the statistics of the Japan Ministry of Finance, imports of whisky from the United States to Japan increased 21% from 9,807 kiloliters (kl) in 2014 to 11,854 kl in 2015.
Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016.
MY2016/17 rice production is revised down to 17 million metric tons due to water shortages.
Production of rice, beans, and pulses is forecast to decline in MY 2015/16 due to unfavorable weather conditions.
Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.
Australian wheat production in 2016/17 is forecast at 24 million MT, around the same level as the previous year.
Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.
Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight.