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- (-) October 2014
- (-) Pakistan
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The bill amending Pakistan’s 1976 Seed Act has cleared the first step of the legislative process.
The 2014/15 soybean production forecast is maintained at 94 million metric tons (MT) despite slow pace of plantings in Mato Grosso.
The Brazilian MY 2014/15 sugarcane crop is estimated at 619 mmt, down 5 mmt from MY 2013/14, mainly due to weather related problems in the center-southern producing region.
Post forecasts fluid milk production to increase by 3 percent in 2014, supported by relatively strong domestic demand.
The soon-to-be-harvested sugarcane crop was largely unaffected by recent flooding.
Recent floods damaged an estimated 80,000 hectares of cotton area, a small fraction of Pakistan’s 3.1 million hectares of cotton.
The Government of Pakistan has announced a seed cotton support price of 34 cents per pound for the upcoming harvest, a significant increase over the prevailing farm price of 26 cents per pound.
The Brazilian MY 2014/15 sugarcane crop is estimated at 619 mmt, down 5 mmt from MY 2013/14, mainly due to weather related problems in the center-southern producing region.
A record Brazilian soybean crop of 94 million metric tons (mmt) is forecast for the 2014/15 marketing year (MY) as a result of increased planted area.
2014/2015 wheat production is forecast at a record 7.5 mmt, up 30 percent from the previous year.