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.

FAS Manila maintains its overall forecast for milled rice and wheat in Marketing Year (MY) 2025/26, while increasing its forecast for corn production, area harvested, and consumption.

Prospects for winter grain crops in Bulgaria are currently optimistic due to favorable weather and larger planted area.

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.

In 2024, Taiwan was the eighth-largest market for U.S. agricultural exports, valued at $3.8 billion, 16 percent greater than 5 years ago. The top five U.S. agricultural exports to Taiwan are beef and beef products, soybeans, corn, wheat, and fresh fruits.

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.

Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.

Unfavorable weather conditions in autumn 2024 resulted in decreased winter wheat area. Functioning maritime logistics in MY2023/24 and the first half of MY2024/25 kept shipping rates stable and have allowed Ukraine to quicky and cost efficiently export large volumes of commodities to distant markets.

Serbia’s overall grain production in MY 2024/25 had mixed results as its winter crops (wheat and barley) experienced bumper crops while corn, soybean and sunflower declined for the third year in a row.

Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.

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.