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.

Thai rice exports declined amid rising global supply and lower imports by major buyers. While fragrant rice prices saw a slight rise, prices for most other grades fell.

Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.

As a result of the increase in the 2025/26 production estimate, the 2025/26 wheat import forecast is reduced to 1 million tons.

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.

Stronger local white corn prices and rising demand for rice and sorghum are expected to drive increased production in marketing year 2025/2026.

On May 27, 2025, the Indian Metrological Department forecast an above-normal precipitation in the upcoming 2025 monsoon in most parts of the country.

The United Kingdom (UK) is forecast to have a significant increase in grain crop production in Marketing Year (MY) 2025/26. This is largely driven by a partial recovery in wheat production following a particularly low level of production in MY 2024/25.

Thai rice export prices are trending up, with the premium grades, such as Hom Mali rice, showing the most significant increase.

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.

A large portion of Australia’s winter cropping area is well-positioned, heading into the forecast year. In New South Wales, Queensland, and Western Australia, early seasonal conditions are favorable, indicating potential for strong wheat and barley production.