Browse Data and Analysis

Major bulk commodities, as a share of total U.S. agricultural exports, have risen and fallen dramatically since 2020. Beyond short-term price volatilities that have largely driven these developments, changes to the largest overseas market and an increasingly competitive landscape also affect the prospect for major U.S. bulk exports.

FAS Abidjan, Accra (Post) sees the Côte d'Ivoire government's supports, improved inputs, and irrigation investments helping to boost rice production yields.

In MY 2024/25, milled rice production is projected to reach 1.2 million metric tons (MMT), reflecting a five percent increase from MY 2023/24. Post estimates milled rice production for MY 2023/24 at 1.14 MMT, a three percent increase compared to the MY 2022/23 estimate of 1.1 MMT.

Milled rice production for MY 2023/24 is projected at 1.2 million metric tons (MMT) an 11 percent increase from MY 2021/22. Post projects milled rice production for MY 2022/23 at 1.1 MMT, a 3 percent increase from MY 2021/22.

The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.

Milled rice production for MY 2022/23 is projected at 1 MMT, this is unchanged from the MY 2021/22. Post projects MY 2022/23 imports at 1.25 MMT, a 3.8 percent decrease from MY 2021/22. Overall stock levels are reported to be high in order absorb any short-term supply disruptions.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

The Russian Federation approved a law establishing the Unified State Traceability System for Grain and Grain Products, which will come into force January 2022.

Post forecasts Russia's grain and feed production for the coming year.

Despite ambitious national targets towards self-sufficiency in rice by 2025, and becoming a regional exporter by 2030, the current campaign in Côte d’Ivoire is one characterized by a production drop and trade slowdown, which has tightened overall supply in the country.

Russia notified the World Trade Organization (WTO) of draft amendments to the Eurasian Economic Union (EAEU) veterinary regulations regarding some dairy products and feed additives...

Recent measures intended to dampen domestic food price increases by inhibiting grain exports were adjusted by Decree #33 signed on January 23, 2021.