Browse Data and Analysis

Rice export prices further increased by 1 percent due to strong demand from China and African countries amid the off-season rice harvest.

High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.

Overall animal feed demand is expected to continue to grow as the New Zealand’s dairy, poultry and other livestock sectors continue to expand.

On March 14, 2018, Japan’s Consumer Affairs Agency held its tenth, and final, Expert Committee panel discussion for the review of Japan’s genetically engineered (GE) food labeling requirements.

Rice export prices increased by 2 percent due to the strengthening Thai baht, which offset declines in farm-gate rice prices.

MY2018/19 rice and corn production are expected to reach record highs due to acreage expansion driven by attractive farm-gate prices.

Implemented in January 2018, a Philippine tax reform program that cuts personal income taxes should increase disposable incomes and raise food and feed consumption in MY18/19 onwards.

Export prices declined by 1-3 percent as supplies of off-season rice have begun to enter the market.

Export prices increased by 1 percent in response to new demand for white rice under the government-to-government agreement with China.

The Consumer Affairs Agency’s expert committee is expected to conclude its review of Japan’s labeling requirements for genetically engineered foods at the end of March 2018.

Export prices remain unchanged due to market inactivity. The government delayed its plan to issue a tender for the remaining rice stocks until April.