FAS: Lack of consistent financing hampers acreage, yield growth

Planted area estimated down 7% from previous year

FAS: Demand for country’s staple food grain remains strong

Key production area reporting yield losses of up to 50%

FAS: Country seen buying more wheat, rice and corn as economy stabilizes

Corn use increasing, replacing wheat and old stock rice

More than 52% of this year’s grain acreage is dedicated to durum

Government subsidizing imports

Crop production continues to shift amid long-term price, consumption trends

Black Sea keeps lid on world wheat prices