Browse Data and Analysis

FAS Mumbai forecasts marketing year (MY) 2024/25 coffee production (Oct/Sep) at 6.2 million 60-kilogram bags, four percent higher than the previous forecast due to plentiful southwest monsoon rains that will improve Robusta crop yields.

A heavy 2024 southwest monsoon season has caused flooding and water logging in several central India states, leading to crop damage and expected lower agricultural production. India’s Meteorological Department (IMD) indicated that monsoon withdrawal was delayed by a week to September 23 and is likely to further exacerbate crop damage during harvest.

India's retail food sector is experiencing significant growth, driven by increased household purchasing power, rising awareness of gourmet products, and a growing economy.

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.

With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.

No significant changes were made to the 2024/25 wheat supply and demand forecasts. Wheat imports and exports remain banned. The 2024/25 rice production forecast is unchanged at a record 10 million tons.

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.

Biblical rain in Kazakhstan’s major growing regions has cut wheat and barley production, reducing its quantity and quality.

Central Asia is a diverse, important corner of the world and a growing market for U.S. goods. Agricultural imports from the world for Kazakhstan, the Kyrgyz Republic, and Uzbekistan totaled $11.6 billion in 2023 and have nearly doubled over the last three years, with the United States as the 11th largest trade partner at $196 million.

Soybean production in marketing year (MY) 2024/2025 is estimated at 12.9 million metric tons (MMT) on favorable conditions and slightly higher area.

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.

On August 5, 2024, former Bangladesh Prime Minister Sheikh Hasina resigned after 15 years in power, following weeks of violent protests. A new Interim Government (IG) was formed on August 8, 2024. The political situation is still evolving. For...