Weather nicks Japan’s wheat production; rice yields up

Published Oct 1, 2024

Tridge summary

Japan's agricultural sector is experiencing mixed outcomes due to adverse weather and disease conditions, with wheat and barley production forecasts decreasing for the marketing year 2024-25, while rice production is expected to improve. Wheat production is projected to decrease by 5.8% from the previous year, despite an increase in planted area, due to high domestic consumption and import demands. Barley production is also expected to decline due to reduced planting areas, despite increased demand. In contrast, rice production is anticipated to increase due to better yields and quality, although consumption is expected to decrease due to rising prices. Additionally, Japan's corn imports are projected to rise due to increased feed demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Unfavorable weather conditions and disease outbreak in Japan’s main production regions have reduced wheat and barley production estimates, but rice is bucking the trend with higher yields and better quality for marketing year 2024-25, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA). With an anticipated 1.08 million tonnes harvested, the wheat estimate is down 5.8% from the 1.14 million tonnes produced in 2023-24 but remains above the 10-year average. At 234,000 hectares (up 1% year on year), wheat planted area has increased annually since 2020-21 as farmers shifted production from rice to wheat due to low rice prices. The FAS projects modest wheat consumption growth in 2024-25, up 1% to 5.55 million tonnes from the previous year, based on demand from the tourism and foodservice sectors, as well as a shift from rice to wheat products as rice prices soar. Due to decreased production, the FAS forecasts an increase in wheat ...

Source: UkrAgroConsult