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Turkiye’s pistachio production in marketing year (MY) 2024/25 is forecast to reach a new record due to multiple factors. Higher production volumes and larger-than-normal carryover stocks are expected to prompt sizeable export volumes of Turkish pistachios for the first time.
Post raised the forecast for India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) to 35.5 million metric tons (MMT), due to adequate rainfall from the 2024 southwest monsoon.
For marketing year (MY) 2024/2025 (August-July), post forecasts India’s almond production marginally lower at 4,150 metric tons (MT) (shelled basis), compared to last MY estimates.
Turkish cotton production in Marketing Year 2024/25 is projected to increase to 870,000 metric tons due to better weather and improved yields, in addition to forecast increases in area. Consumption is forecast to remain stagnant at 1.55 million metric tons.
Soybean production in marketing year (MY) 2024/2025 is estimated at 12.9 million metric tons (MMT) on favorable conditions and slightly higher area.
Chicken meat production for 2025 is forecast to hit a record after a below average performance the previous year. Most of the anticipated increase in production will go for domestic consumption, which continues to grow since chicken is expected to remain significantly cheaper than beef.
FAS Mumbai forecasts marketing year (MY) 2024/25 India cotton production at 25 million 480 lb. bales on 11.8 million hectares planted area, a two percent decrease in area from the previous forecast, as farmers have shifted cotton acreage to higher return crops such as paddy, and pulses.