Senegal: Grain and Feed Annual
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For the region that includes Senegal, Guinea, Burkina Faso, and Mali, rice area harvested and production for MY2023/24 is forecast up 1.2 and 2 percent year-over-year, respectively. Strong production coupled with a higher-than-usual carryover stock estimate in Senegal has brought the regional 2023/24 import forecast down year-over-year. Meanwhile, imports for 2022/23 are expected to reach 3.88 MMT, driven largely by strong consumption due to high relative prices for other cereal grains. Also, potential supply-chain disruptions and less exportable supply from India pressured many traders to stockpile greater surpluses than usual. Regional rice consumption for 2023/24 is expected to fall marginally, by half a percent, as other cereals again become price competitive.
