Canada: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   CA2024-0015
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. Though high, forecasted imports are just over half of the level imported during the drought that occurred in MY 2021/22. Food manufacturers, as of March, are paying the lowest price for wheat since April 2021, owing to a steady price decline that began in 2022. In contrast, consumers are paying 23 percent more for flour than they were in April 2021.

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On April 4, 2024, the Food Safety and Standards Authority of India (FSSAI) published on its website, Order F. No. TIC-B02/2/2022-IMPORTS-FSSAI. The FSSAI order extends the effective implementation date for the mandatory registration of foreign food manufacturing facilities (FFMF) for the import of certain categories of foods such as milk and milk products; meat and meat products including poultry, fish, and their products; egg powder; infant food; and nutraceuticals to India.
Attaché Report (GAIN)

New Zealand: Dairy and Products Semi-annual

New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices further increased 2-3 percent mainly due the strengthening of the Thai baht.