Japan: Japan Grain and Feed Update
Typhoons, heavy rains and prolonged high temperatures in the summer of 2018 are expected to negatively affect both the yield and quality of rice and wheat produced in Japan. Accordingly, FAS/Tokyo estimates marketing year (MY) 2018/19 Japanese wheat production to decrease 10 percent to 870,000 MT, with higher volumes of off-grade wheat than last year. MY2018/19 rice production is expected to be lower than last year’s reduced crop (7.7 MMT) with an increased volume of undersized and damaged grains. Reflecting strong feed demand, corn imports are forecast to increase to 15.6 MMT in MY2017/18 and remain unchanged in MY2018/19 while sorghum demand is expected to remain stable at 550,000 MT in MY2018/19. As demand for beta glucan rich barley continues, barley imports are forecast to increase to 1.25 MMT in MY 2018/19.