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Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.
In marketing year (MY) 2024/25, Canada’s total production of principal grains (wheat, durum, oats, barley, corn) is forecast to increase by 4.9 percent to 61.4 million metric tons (MMT) over the previous year on an additional 1.7 MMT of wheat production. In MY 2023/24, FAS/Ottawa is forecasting a 55 percent increase in corn imports over the previous year, on strong demand for animal feed due to the impacts of drought in the Prairie Provinces.
FAS/Ottawa forecasts total production of wheat, corn, barley, and oats to increase one percent in MY 2023/24 from the previous year, assuming yields return closer to historic averages and a six percent increase in wheat production offsets production declines in other crops.
Post forecasts that consumption and imports of corn, wheat and rice in Malaysia will slightly increase in Marketing Year (MY) 2023/24, in line with population growth and normalization of the market.
FY2022 agricultural exports reach record levels.
In marketing year (MY) 2022/23, production of grains is forecast to increase 30 percent year-over-year on an increase in area planted to spring wheat, durum, and oats, and on the assumption of improved soil moisture conditions resulting in higher yields. However, dry conditions persist in Alberta and Western Saskatchewan and many farmers are behind in their planting schedule, due to unfavorable planting conditions.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Post forecasts that consumption of corn and wheat in Malaysia will marginally increase in Marketing Year (MY) 2022/23, assuming an eventual stabilization of commodity prices following the disruption caused by the crisis in Ukraine.
FY2021 agricultural exports reach record levels.
Post forecasts that consumption of corn and wheat in Malaysia will gradually rebound in marketing year 2021/22 with rice consumption slightly down as consumers return to eating outside the home.
A look at how U.S. agricultural exports performed in 2020.