Production expected to rise followed by price over-correction

Ag sector struggles with low productivity; millers deal with rising costs

Barley carryover stocks expected to fall to lowest level in 28 years

Government enacts multiple measures to address rising food prices

El Niño expected to reduce 2022-23 rice production

Coarse grain prices dropped 4.8% in the month

Higher corn production cited as reason for the projected increase.

Government’s first official forecast calls for 6% growth to 28 million tonnes.

Wheat production rises by 3% as marketing year comes to a close.

Demand increasing from starch, animal feed sectors.