With improved weather conditions, a partial rebound is expected in 2016-17.

Country’s 2015-17 rice production is forecast up 11%.

Demand in the swine and poultry feed industries expected to rise.

El Niño has impacted weather conditions favorable for oilseed production.

Increased oilseed consumption driven by increasing domestic demands for meats, seafood and vegetable oil.

The country’s feed industry relies on imported grains.

Corn is impacted by soil acidification.

The country’s wheat imports are projected to decline 14% due to large carryover stocks.

Wheat consumption is expected to jump due to a rise in population.

The higher production forecast is supported by the good rains through February.