Browse Data and Analysis

For marketing year (MY) 2025/26, Turkiye’s production of wheat and barley, most of which are dry farmed, is forecast lower year-over-year because of drier-than-normal weather conditions.

Post forecasts MY2025/26 China's corn production at 298 MMT, up 3 MMT from MY2024/25, while imports are projected at 8 MMT, up 1 MMT year-over-year but still well below historical levels.

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.

On May 1, the Turkish government announced a zero-duty tariff rate quota for 1.0 million metric tons (MMT) of imported corn. The TRQ is effective from the announcement date through the end of July this year.

On April 8, 2025, the People’s Republic of China (PRC) National Crop Variety Registration Committee (CNCVRC) published a third variety registration list for genetically modified (GM) corn and soybeans.

Post forecasts MY 25/26 China corn production at 300 MMT, up 1.7 percent from MY 24/25, while corn imports are forecast at 8 MMT, lower than MY 23/24 levels due to China’s focus on grain self-sufficiency.

Turkiye’s MY 2025/26 wheat and barley production, most of which are grown without irrigation, are projected to decline year-on-year due to limited rainfall during the fall and winter months and prospects of more dry weather.

In marketing year (MY) 2024/25, Turkiye’s wheat, barley, and corn production is forecast to contract year-over-year due to drier-than-normal weather conditions during the growing season.

In marketing year (MY) 2024/25, Turkiye’s wheat, barley, and corn production is forecast to contract year-over-year due to drier-than-normal weather conditions during the growing season.

In MY 2024/25, the PRC’s grain output is estimated to reach a record 706.5 million metric tons (MMT), a 1.6 percent increase driven by expanded acreage and higher yields.

On November 4, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 58 seed production and operational licenses, including 13 genetically engineered (GE) corn seed production and operational licenses.

On October 28, 2024, the State Administration for Market Regulation (SAMR) published a revised “National Standard for Seed of Food Crops – Part 1: Cereals”, which will come into effect on October 1, 2025.