Japan: Grain and Feed Annual
Link to report:
FAS Tokyo estimates stable feed demand in MY2020/21, but projects a slight shift from corn to rice, wheat, and barley in compound feed rations due to high corn prices. FAS Tokyo projects total MY2020/21 wheat imports to drop slightly to 5.55 million tons after consecutive bumper wheat crops and weakened demand for food wheat. FAS Tokyo estimates MY2020/21 total rice consumption to remain consistent with last year at 8.25 million tons, with an increase in feed consumption expected to offset continued declines in table rice consumption.
